http://www.froggypumpkin.com/?ru/14
That goal, however, may not be achiever in the legislation now movingthrouggh Congress, some business groups fear. They’re afraid the bill being marked up this month by theSenated Health, Education, Labor and Pensions Committee won’t do enougy to control health care but will go too far in imposin stiff new insurance requirements including minimum coverage levels — on employers. They also worryg that includinga government-run plan as an optiojn in new insurance exchangesd would lead hospitals and doctors to charge private insurers more for their serviceds in order to compensat for underpayments they would receiv from the public plan. The U.S.
Chamber of Commerce has e-mailex its members, urging them to oppose the SenateHELP Committee’x bill, calling it “a dangerous proposal.” James Gelfand, the chamber’s senior manager of health policy, said he is optimisticv the Senate won’t go alonfg with a provision that calls for a government-appointed board to decidew what level of benefits must be included in insurancer plans. If that provision is not many employers likely would face higher insurance because senators look atthe benefits-ricg plan now offered to federall employees as the “gold standard” for health care he said.
Now is the time for businesses to demands changes in the including striking a requirement for employers to provid insurance totheir workers, he said. Many smallk businesses simply can’t afford that, the chamberf contends. “We need health reform,” Gelfandc said, but if the bill isn’t “I don’t know how we could possibly supportr it.” Business groups are hopinv the Senate Finance Committee will producselegislation that’s friendlier to employers.
The prospecf of health care reform raising costs for small businessesis “a legitimate fear,” said John CEO of Small Business Majority, an organization that believe employers should provide insurance to their workers. But if done health care reform would save smallbusinessesx money, he said. A study commissioned by the organizatio found that businesses with fewer than 100 employees could save as muchas $855 billion over the next 10 yearw if health care reform is enacted, compared with what they woule pay for health insurance if the syste isn’t reformed.
The analysis, conductec by economist Jonathan Gruber, assumes that Congress will requirs all but the smallest firms to provide healthn insurance to their employees or pay a fee to thefederalp government, based on their It also assumes that Congresz will provide tax credits to small businesses to help them pay for the coveragw — a provision that is included in the Senatwe HELP Committee’s bill. “With a strong credit, small businessesx can be a big winner inthis reform,” Gruberf said. Todd McCracken, presidenyt of the , said it’sx “not yet clear” whethetr small businesses will be better off after health care reform than theyare now.
Providing tax credits or other subsidieds to small businesses for insurance coveragecoulrd “create all kinds of weird incentives and disincentives” for he said. Basing the subsidies on size ofbusinessx isn’t a good solution because some small businesses a law firm, for example can be quite profitable, he Focusing on low-wage businesses may not be fair because that encourages companiees to pay low wages, McCracken said.
Saturday, October 30, 2010
Friday, October 29, 2010
Study: Kansas City-area hotel revenue will fall in 2009 - Orlando Business Journal:
http://savvyinvest.com/real-estate/brazil.html
percent decrease in revenue per availablee room in 2009 compareewith 2008, according to a study by . The projectedx revenue decrease compares with anestimate 17.5 percent decrease in revenue per available room nationalluy in 2009, PKF Hospitality Research said in a Tuesday release. The uses data from , whicjh reports “very consistent numbers with JillVan Houweling, vice presidenyt of marketing/communications for the association, said Wednesday. “Kansa s City is doing better than thenationa average, and we’re on par with our competitive set,” Van Houwelinv said. “Mid-sized value destinations are doing betteer thanbig cities.
Our May is very What we’re seeing is that, even though it’sz not great news, the effect on Kansasz City is moderated because ofvalue pricing.” Van Houwelinv said the association attributes the lowed revenue mainly to decreased business The average expenditure per overnighy business traveler $260 a day, compared with $120 for a leisur e traveler, she said.Area hotels are projected to have 52 percen t occupancy in 2009, down from 58.4 percen in 2008, PKF staffer Randyu McCaslin said in the release. Because of increasedf competition in thelocal market, the average daily room rate is expectedx to fall to $84.67 in 2009, down 5.4 percentf from $89.52 last year.
PKF attributedx the projected lower average occupancy rate toa 7.9 percentt decrease in demand for lodgingt and a 3.4 percent increase in the supplg of new hotel rooms. PKF’sw forecasting model finds that local income and employment figureds are good predictors of hotekroom demand, the release said. Moody’w Economy.com, the source of PKF’s June 2009 Hotel Horizons forecast reporft forKansas City, predicts that Kansaa City-area employment will fall 3.4 percent in 2009 from 2008. PKF’ws study projects that area revenuse per availableroom won’t achieve sustained growtj until the fourth quarter of 2010.
“Until market conditions are favorablefor travelers, but troublesomse for owners and operators,” PKF said in the Atlanta-based PKF Hospitality Research is the researcnh affiliate of
percent decrease in revenue per availablee room in 2009 compareewith 2008, according to a study by . The projectedx revenue decrease compares with anestimate 17.5 percent decrease in revenue per available room nationalluy in 2009, PKF Hospitality Research said in a Tuesday release. The uses data from , whicjh reports “very consistent numbers with JillVan Houweling, vice presidenyt of marketing/communications for the association, said Wednesday. “Kansa s City is doing better than thenationa average, and we’re on par with our competitive set,” Van Houwelinv said. “Mid-sized value destinations are doing betteer thanbig cities.
Our May is very What we’re seeing is that, even though it’sz not great news, the effect on Kansasz City is moderated because ofvalue pricing.” Van Houwelinv said the association attributes the lowed revenue mainly to decreased business The average expenditure per overnighy business traveler $260 a day, compared with $120 for a leisur e traveler, she said.Area hotels are projected to have 52 percen t occupancy in 2009, down from 58.4 percen in 2008, PKF staffer Randyu McCaslin said in the release. Because of increasedf competition in thelocal market, the average daily room rate is expectedx to fall to $84.67 in 2009, down 5.4 percentf from $89.52 last year.
PKF attributedx the projected lower average occupancy rate toa 7.9 percentt decrease in demand for lodgingt and a 3.4 percent increase in the supplg of new hotel rooms. PKF’sw forecasting model finds that local income and employment figureds are good predictors of hotekroom demand, the release said. Moody’w Economy.com, the source of PKF’s June 2009 Hotel Horizons forecast reporft forKansas City, predicts that Kansaa City-area employment will fall 3.4 percent in 2009 from 2008. PKF’ws study projects that area revenuse per availableroom won’t achieve sustained growtj until the fourth quarter of 2010.
“Until market conditions are favorablefor travelers, but troublesomse for owners and operators,” PKF said in the Atlanta-based PKF Hospitality Research is the researcnh affiliate of
Wednesday, October 27, 2010
Lincoln Property Co. closing in on Hacienda - East Bay Business Times:
houghtalingbaemo1268.blogspot.com
John Herr, an executive vice president with Dallas-bases Lincoln, acknowledged that his company is under contracg to buya 15-acre piece of land across the streef from the Pleasanton/Dublin BART station on Owens Drive. The property's currentg owner, Prudential Insurance Co. of recently got city approval fora 335,000-square-foot office development on that All the buildings will be four stories One will measure 95,000 square feet while the otheer will be 120,000 square feet. "We are very exciter about the deal," said Herr. "You've got excellent visibilituy fromHighway 580, and the identity and amenitiea associated with the Hacienda Busines s Park.
" While Herr would not disclose how much Lincoln is payinyg for the land, one real estate source said word in industru circles pegs the going rate at $23 per square Herr did say current markegt prices exceed that figure. Herr was also tight-lipped about the possibility ofa tenant, but one sourcs said that a singl firm has already agreed to taking a large chunki of the first structure. That sourcse would only describe the potential tenant as aSan Francisco-based insurancer company. Meanwhile, Herr said that Lincoln expects to closee on the purchase of the land by the end of Reach Smolenat ksmolen@amcity.com or 925-598-1427.
John Herr, an executive vice president with Dallas-bases Lincoln, acknowledged that his company is under contracg to buya 15-acre piece of land across the streef from the Pleasanton/Dublin BART station on Owens Drive. The property's currentg owner, Prudential Insurance Co. of recently got city approval fora 335,000-square-foot office development on that All the buildings will be four stories One will measure 95,000 square feet while the otheer will be 120,000 square feet. "We are very exciter about the deal," said Herr. "You've got excellent visibilituy fromHighway 580, and the identity and amenitiea associated with the Hacienda Busines s Park.
" While Herr would not disclose how much Lincoln is payinyg for the land, one real estate source said word in industru circles pegs the going rate at $23 per square Herr did say current markegt prices exceed that figure. Herr was also tight-lipped about the possibility ofa tenant, but one sourcs said that a singl firm has already agreed to taking a large chunki of the first structure. That sourcse would only describe the potential tenant as aSan Francisco-based insurancer company. Meanwhile, Herr said that Lincoln expects to closee on the purchase of the land by the end of Reach Smolenat ksmolen@amcity.com or 925-598-1427.
Tuesday, October 26, 2010
2020 Vision: Square Enix's Master Plan For Deus Ex Revealed - games.on.net
http://ukrmg.com/avtenticheskaia_kovka.php?i=3
MCV | 2020 Vision: Square Enix's Master Plan For Deus Ex Revealed games.on.net Speaking with British trade journal MCV, three of the company's top executives have declared that Deus Ex will be one of the pillars supporting this ... Deus Ex Has Its First Human Revolution With Yahtzee Square Enix has ten year Deus Ex plan Square Enix wants 10 years of profit from Deus Ex name |
Sunday, October 24, 2010
Ascension Insurance buys three California agencies - Business Courier of Cincinnati:
http://www.urgentdetective.com/arkansas-background-check.html
The Kansas City-based company bought of Santa which specializesin development, placement and administration support of studeng health insurance programs; of Walnut Creek, whichg provides employee benefits, retirement services and HR outsourcint primarily for nonprofits; and Inc. of Agoura which specializes in administration of studenghealth insurance, including intercollegiate sportsx injury programs. Overall, the acquisitions will bring Ascension’s annual revenu e to about $75 million, ranking it among the nation’x biggest 35 agencies, Ascensiom CEO Leonard Kline said inan interview. The company said it had $55 million in revenue in after its inFort Lauderdale, Fla.
Ascensionn now has more than 400 employees at 20 officeslocations nationwide. “The acquisitions ... represent a valuablwe opportunity for us to expand our West Coast operationse and to fulfill our goal of providingthe best-quality markets and resources to the middle Kline said. “Each organization brings uniqude capabilities to our growingt portfolio of insurance as well as dedicated employeeds who share our mission to provide outstandinhg service to our customera in California and throughout theUnited States.” Kline said the deal closedd Thursday afternoon.
Ascension is a full-servicd insurance and employee benefits agenc y providing brokerageand risk-management services to middle-markety companies nationwide. Ascension has been a active in the mergers and acquisitioj market since it was founded from scratch inAugust 2007, makinyg . The company is assisted by fundds from its private equity and . The goal is to increase the company’s annuaol revenue to $200 million within the next five
The Kansas City-based company bought of Santa which specializesin development, placement and administration support of studeng health insurance programs; of Walnut Creek, whichg provides employee benefits, retirement services and HR outsourcint primarily for nonprofits; and Inc. of Agoura which specializes in administration of studenghealth insurance, including intercollegiate sportsx injury programs. Overall, the acquisitions will bring Ascension’s annual revenu e to about $75 million, ranking it among the nation’x biggest 35 agencies, Ascensiom CEO Leonard Kline said inan interview. The company said it had $55 million in revenue in after its inFort Lauderdale, Fla.
Ascensionn now has more than 400 employees at 20 officeslocations nationwide. “The acquisitions ... represent a valuablwe opportunity for us to expand our West Coast operationse and to fulfill our goal of providingthe best-quality markets and resources to the middle Kline said. “Each organization brings uniqude capabilities to our growingt portfolio of insurance as well as dedicated employeeds who share our mission to provide outstandinhg service to our customera in California and throughout theUnited States.” Kline said the deal closedd Thursday afternoon.
Ascension is a full-servicd insurance and employee benefits agenc y providing brokerageand risk-management services to middle-markety companies nationwide. Ascension has been a active in the mergers and acquisitioj market since it was founded from scratch inAugust 2007, makinyg . The company is assisted by fundds from its private equity and . The goal is to increase the company’s annuaol revenue to $200 million within the next five
Saturday, October 23, 2010
Donaldson profit falls 42% in Q3 - Puget Sound Business Journal (Seattle):
http://fishing-sea.com/Fishing-Rods/Spin-Casting-Rod/
Bloomington-based Donaldson said Tuesday its third-quarter earnings slippede to about $27 million, or 34 cents per share. That’e down from a profir of $46 million, or 57 cente per share, during the same perior last year. The results includew a pre-tax restructuring charge worth $6.8 million, or 6 cents per Donaldson cut 850 workers durinvgthe quarter; since the startt of its fiscal year, the company has shed 2,70 workers, or about 20 percent of its work Donaldson (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 million in the year-ago period.
Revenue was down across Donaldson’s business though sales of certain aerospace and defense products performedc better than in the same quartedrof 2008. Analysts polled by Thomsom Reuters had projected a profit of 30 cents per share on revenurof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowerecd its full-year outlook with Bill Cook, company CEO, chairman and president, sayingg in a press statement that he expectse the economy to remain soft in thecomingf months. The company is projecting earnings ofbetween $1.55 and $1.70 per share for the year on revenure of between $1.8 billion and $1.9 billion. it had projected a profit of between $1.
70 and $1.9p0 per share. Analysts, meanwhile, had projecte earnings of $1.71 per share and sales of $1.94 Cook also said, given the toughy economy, Donaldson may have to make toits “business plans and cost structurwe as necessary.” Donaldson reported its results after market close.
Bloomington-based Donaldson said Tuesday its third-quarter earnings slippede to about $27 million, or 34 cents per share. That’e down from a profir of $46 million, or 57 cente per share, during the same perior last year. The results includew a pre-tax restructuring charge worth $6.8 million, or 6 cents per Donaldson cut 850 workers durinvgthe quarter; since the startt of its fiscal year, the company has shed 2,70 workers, or about 20 percent of its work Donaldson (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 million in the year-ago period.
Revenue was down across Donaldson’s business though sales of certain aerospace and defense products performedc better than in the same quartedrof 2008. Analysts polled by Thomsom Reuters had projected a profit of 30 cents per share on revenurof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowerecd its full-year outlook with Bill Cook, company CEO, chairman and president, sayingg in a press statement that he expectse the economy to remain soft in thecomingf months. The company is projecting earnings ofbetween $1.55 and $1.70 per share for the year on revenure of between $1.8 billion and $1.9 billion. it had projected a profit of between $1.
70 and $1.9p0 per share. Analysts, meanwhile, had projecte earnings of $1.71 per share and sales of $1.94 Cook also said, given the toughy economy, Donaldson may have to make toits “business plans and cost structurwe as necessary.” Donaldson reported its results after market close.
Thursday, October 21, 2010
Palm stock down on concerns about Pre supplies, apps - Business Courier of Cincinnati:
http://executivetelephony.com/products/index.php?pid=53&name=GXP2020+6-line+Enterprise+IP+Phone
The stock opened at $12.23, down 6 percent, but tradedf as low as $11.47, down about 12 percent, in morningf trading. Palm closed the day at $12.16. Concernes about tight supplies and a lack of software applicationds tempered what were generally positive reportss onthe device's debut weekend. "We believe the ’soft launch’ is probably proceeding to J.P. Morgan analyst Paul Coster wrote. "Tp be reassured, we need to see Sprint channel inventorhy replenishedthis week." is Palm's exclusive wireless carrier through the end of this year and beganm putting customers on wait listx for the Pre at its stores after supplieds ran out.
Coster estimates that there were morethan 50,000 Pre phones sold afterr they went on sale at Sprinty stores on Saturday, well below the 146,000 sold at the launch of the first generation of 's (NASDAQ:AAPL) Other analysts said pegged Palm salesa higher, with Michael Walkleyg at Piper Jaffray & Co. saying there were almos 200,000 sold. The Pre has many featurez similar to those found on the iPhoneand 's (NASDAQ:RIMM) Blackberry Storm, except that Palm's device adds a slide-out A key to its success will be whetherf it can attract enough software applicationx to compete with its rivals. The Pre is sellinv for $199 with a mail-ihn rebate and two-year service contract.
The stock opened at $12.23, down 6 percent, but tradedf as low as $11.47, down about 12 percent, in morningf trading. Palm closed the day at $12.16. Concernes about tight supplies and a lack of software applicationds tempered what were generally positive reportss onthe device's debut weekend. "We believe the ’soft launch’ is probably proceeding to J.P. Morgan analyst Paul Coster wrote. "Tp be reassured, we need to see Sprint channel inventorhy replenishedthis week." is Palm's exclusive wireless carrier through the end of this year and beganm putting customers on wait listx for the Pre at its stores after supplieds ran out.
Coster estimates that there were morethan 50,000 Pre phones sold afterr they went on sale at Sprinty stores on Saturday, well below the 146,000 sold at the launch of the first generation of 's (NASDAQ:AAPL) Other analysts said pegged Palm salesa higher, with Michael Walkleyg at Piper Jaffray & Co. saying there were almos 200,000 sold. The Pre has many featurez similar to those found on the iPhoneand 's (NASDAQ:RIMM) Blackberry Storm, except that Palm's device adds a slide-out A key to its success will be whetherf it can attract enough software applicationx to compete with its rivals. The Pre is sellinv for $199 with a mail-ihn rebate and two-year service contract.
Wednesday, October 20, 2010
Proposed Glendale casino clears first federal hurdle - Kansas City Business Journal:
http://m-eye.net/2008/11/27/cds-sinking-in-the-ocean/
The U.S. Interior Department clearer plans by theTohono O'odham Nation for a casinol on county land bordering Glendale to be furthere reviewed for final federal approval. The O'odhak want to develop a 1.2 million-square-foot casino and resort on unincorporated countty land at 91st andNorthern avenues. The O'odham reservatioj is located in Tucson, but a 1983 federao law allows the tribe to acquire lands in the Phoenis and Casa Grande areas to replaces lands itpreviously lost. The O'odham pointt to that law in theid attempt to get the Glendale casino approved bythe U.S. The approval received this week was a preliminary andthe U.S.
Interior Department will furtherf considerthe plan. The city of Glendale is fightin thecasino plans, citing concerns about the costs of security and traffic. City official and some real estate developerw in the West Valley area also worry abougtthe casino's impact on the area's growth and The casino is north of UOP Jobing.com Arena and Westgate City Center. The Arizona Cardinalss and National Football League have said they do not oppossthe casino.
The U.S. Interior Department clearer plans by theTohono O'odham Nation for a casinol on county land bordering Glendale to be furthere reviewed for final federal approval. The O'odhak want to develop a 1.2 million-square-foot casino and resort on unincorporated countty land at 91st andNorthern avenues. The O'odham reservatioj is located in Tucson, but a 1983 federao law allows the tribe to acquire lands in the Phoenis and Casa Grande areas to replaces lands itpreviously lost. The O'odham pointt to that law in theid attempt to get the Glendale casino approved bythe U.S. The approval received this week was a preliminary andthe U.S.
Interior Department will furtherf considerthe plan. The city of Glendale is fightin thecasino plans, citing concerns about the costs of security and traffic. City official and some real estate developerw in the West Valley area also worry abougtthe casino's impact on the area's growth and The casino is north of UOP Jobing.com Arena and Westgate City Center. The Arizona Cardinalss and National Football League have said they do not oppossthe casino.
Monday, October 18, 2010
Downtown Staybridge Suites seeks receivership - Washington Business Journal:
http://www.kasabati.com/article/Timeshare-Owners-Still-Tripping.html
SJ Properties Suites Buyco EHF, which includes an investore from Reykjavik, Iceland, filed the petition Monday in Milwauke CountyCircuit Court. Judge Mel Flanagan schedule d a hearing for June 30 on a motioh to appoint Milwaukee attorney Seth Dizard as the Work stopped in December 2008 onthe high-rise at 1150 N. Wated Street when the construction manager and developer DOC Milwaukesebecame insolvent, according to the receivership petition. The Icelandicd investors said that in November 2006 they providesd an advanceof $17.4 million for a 120-room extended stay hotel and at least 18 luxuryh condos. The project also received $13.
43 million in financing from a unit of in which in May was placef in receivership bythe FDIC. The Milwaukee receivershil petition said the property on Water Streeft alreadyhas furniture, flooring and fixtures in the Staybridgw portion of project. Liens against the projecy total morethan $3.4 million, according to the receivership petition. The largest liens were filed by Milwaukee-area contractors and suppliersUihlein Electric, , and Klein-Dickert. SJ Propertiexs recently sued DOC Milwaukee and Economou Partnersin U.S. Distric Court in Milwaukee claimingb a fraudulent transfer of funds intendedx for the WaterStreet project.
SJ Properties Suites Buyco EHF, which includes an investore from Reykjavik, Iceland, filed the petition Monday in Milwauke CountyCircuit Court. Judge Mel Flanagan schedule d a hearing for June 30 on a motioh to appoint Milwaukee attorney Seth Dizard as the Work stopped in December 2008 onthe high-rise at 1150 N. Wated Street when the construction manager and developer DOC Milwaukesebecame insolvent, according to the receivership petition. The Icelandicd investors said that in November 2006 they providesd an advanceof $17.4 million for a 120-room extended stay hotel and at least 18 luxuryh condos. The project also received $13.
43 million in financing from a unit of in which in May was placef in receivership bythe FDIC. The Milwaukee receivershil petition said the property on Water Streeft alreadyhas furniture, flooring and fixtures in the Staybridgw portion of project. Liens against the projecy total morethan $3.4 million, according to the receivership petition. The largest liens were filed by Milwaukee-area contractors and suppliersUihlein Electric, , and Klein-Dickert. SJ Propertiexs recently sued DOC Milwaukee and Economou Partnersin U.S. Distric Court in Milwaukee claimingb a fraudulent transfer of funds intendedx for the WaterStreet project.
Sunday, October 17, 2010
Strong restart lands McMurray win in Charlotte - Motorsport.com
boyanebyboqasavo.blogspot.com
Strong restart lands McMurray win in Charlotte Motorsport.com Jamie McMurray wasted little time on the final restart in tonight's NASCAR Sprint Cup Series race at Charlotte Motor ... |
Friday, October 15, 2010
N.C. Research Campus may land USDA research arm with funding - St. Louis Business Journal:
elzeyfirekuut1795.blogspot.com
The federal agency’s Human Nutrition Research Centerd would have only a handful of employees to But local officials envision aneventual 150- to 200-employeew operation with a $25 milliom annual budget. Perhaps more important, the USDA center woul d give the federal government a presence onthe 350-acre research campus. Area leaderw believe that will open the door to furtherinvolvemen — and funding — by U.S. research agencies. “Bhy establishing the research station atthe N.C.
Research almost overnight we can have themost cutting-edge research on human nutritionm going on in the federal government due to all the resourcesz that are there,” says Leanne chief of staff for U.S. Rep. Larr Kissell (D-N.C.), who requested the appropriation. “The whole idea of doingg this is to integrate the federa l research with the research goingon there.”
The federal agency’s Human Nutrition Research Centerd would have only a handful of employees to But local officials envision aneventual 150- to 200-employeew operation with a $25 milliom annual budget. Perhaps more important, the USDA center woul d give the federal government a presence onthe 350-acre research campus. Area leaderw believe that will open the door to furtherinvolvemen — and funding — by U.S. research agencies. “Bhy establishing the research station atthe N.C.
Research almost overnight we can have themost cutting-edge research on human nutritionm going on in the federal government due to all the resourcesz that are there,” says Leanne chief of staff for U.S. Rep. Larr Kissell (D-N.C.), who requested the appropriation. “The whole idea of doingg this is to integrate the federa l research with the research goingon there.”
Thursday, October 14, 2010
Shoun, Bach, Walinsky & Curran Welcomes Three Attorneys - Kansas City Star
ramsburgsyuheo1544.blogspot.com
Shoun, Bach, Walinsky & Curran Welcomes Three Attorneys Kansas City Star Jason Weis, previously of The West Law Group, has been practicing for six years and is admitted to Virginia and Maryland State Bars. ... |
Tuesday, October 12, 2010
Queen's pays $2.5M to settle Feds' claims - Sacramento Business Journal:
hustbelogehy1857.blogspot.com
million to settle lawsuits thatalleged Hawaii’s largesft hospital overbilled government healtnh care programs for prescription federal prosecutors said Wednesday. The settlement was the resulg of two whistleblower lawsuits brought by formefrpharmacy technicians, who alleged that Queen’ws overbilled the state’s Medicare and Medicaid programs, as well as TRICARE, the federao health insurance program for military according to a news releass from U.S. Attorney Edward H. Kubo Jr. The lawsuits were filesd under the federal and state FalsedClaims Acts, which allow the governmeny to claim up to triple the plus penalties, for submitting false claims to governmen t programs.
The two former employees alleg Queen’s submitted fake bills for anti-psychotic medicationsa that were dispensed by the hospital pharmacy from 1999 to 2002 and were authorizecd bya doctor, but not necessarily by a psychiatrist, as required. The hospital was also accuseed of billing from 1999 to 2006 for services provide by medical residents who were supposed to be supervised byothe doctors, but that the supervision did not occur, Kubo’ss office said.
Under the settlement, Queen’ws paid $2 million to the federak government, which shared $400,000 of the proceeds with the twoforme employees, and $500,000 to the attorneys for the two Queen’s will also maintain a compliance program to ensure its billings conform to the rulesx for five years under a corporate integrity agreement with the U.S. Departmeng of Health and Human Services. Queen'as issued this statement: " denies any intentional wrongdoing, but after five years of discussiond and negotiations withthe government, has agreed to settle this matterr so that its resourced may be spent on providin quality health care rather than on legakl fees.
"
million to settle lawsuits thatalleged Hawaii’s largesft hospital overbilled government healtnh care programs for prescription federal prosecutors said Wednesday. The settlement was the resulg of two whistleblower lawsuits brought by formefrpharmacy technicians, who alleged that Queen’ws overbilled the state’s Medicare and Medicaid programs, as well as TRICARE, the federao health insurance program for military according to a news releass from U.S. Attorney Edward H. Kubo Jr. The lawsuits were filesd under the federal and state FalsedClaims Acts, which allow the governmeny to claim up to triple the plus penalties, for submitting false claims to governmen t programs.
The two former employees alleg Queen’s submitted fake bills for anti-psychotic medicationsa that were dispensed by the hospital pharmacy from 1999 to 2002 and were authorizecd bya doctor, but not necessarily by a psychiatrist, as required. The hospital was also accuseed of billing from 1999 to 2006 for services provide by medical residents who were supposed to be supervised byothe doctors, but that the supervision did not occur, Kubo’ss office said.
Under the settlement, Queen’ws paid $2 million to the federak government, which shared $400,000 of the proceeds with the twoforme employees, and $500,000 to the attorneys for the two Queen’s will also maintain a compliance program to ensure its billings conform to the rulesx for five years under a corporate integrity agreement with the U.S. Departmeng of Health and Human Services. Queen'as issued this statement: " denies any intentional wrongdoing, but after five years of discussiond and negotiations withthe government, has agreed to settle this matterr so that its resourced may be spent on providin quality health care rather than on legakl fees.
"
Monday, October 11, 2010
HC rejects Cadila plea for exclusive use of 'sugar free' tag - Economic Times
http://cvangelnetwork.com/bizpress112606.html
HC rejects Cadila plea for exclusive use of 'sugar free' tag Economic Times A bench headed by Justices Sanjay Kishan Kaul and Valmiki J Mehta said the expression, 'sugar free', cannot be restricted if used in descriptive sense and ... No restraint on use of “Sugar Free†|
Saturday, October 9, 2010
Kansas City Business Journal:
ermolayxitpev.blogspot.com
Maureen Walterbach has joined Bryan Cave LLP as an associatr in the commercial litigation clientservice group. Walterbachg recently completeda one-year clerkshilp with Judge John Lungstrum of the District Courtt of Kansas. Julia Gilmore Gaughan has joined Seigfreid Bingham LevySelzer & Gee PC as an associate in the litigatiobn department focusing on employment law and general litigation. Jamie Barkefr Landes has joined Seigfreir Bingham LevySelzer & Gee PC as an associatwe in the corporate department focusing on real general business, and mergers and acquisitions.
Daniel McClain has joined ScharnhorstAst & Kennard PC as of counselp and specializes in commercial real product liability and insurance litigation. Christopher Tiller has joined ScharnhorstAst & Kennarrd PC as an associate. Tiller previously was a law clerk in the 10th Judicialp District of Kansas researchingcorporate law, famil law and medical malpractice issues. Jacovb McElwee has joined Scharnhorst Ast Kennard PC asan Previously, McElwee was an attorney for the Officed of the State of Bank Commissioners, where he dealt with mortgagr lending, credit services, payday lending and other formws of consumer lending in Lori Beam has joined Scharnhorst Ast & Kennard PC as a Trained in radiology and paralegal functions, Beam startedd her career in the healtnh care industry in Colorado.
Maureen Walterbach has joined Bryan Cave LLP as an associatr in the commercial litigation clientservice group. Walterbachg recently completeda one-year clerkshilp with Judge John Lungstrum of the District Courtt of Kansas. Julia Gilmore Gaughan has joined Seigfreid Bingham LevySelzer & Gee PC as an associate in the litigatiobn department focusing on employment law and general litigation. Jamie Barkefr Landes has joined Seigfreir Bingham LevySelzer & Gee PC as an associatwe in the corporate department focusing on real general business, and mergers and acquisitions.
Daniel McClain has joined ScharnhorstAst & Kennard PC as of counselp and specializes in commercial real product liability and insurance litigation. Christopher Tiller has joined ScharnhorstAst & Kennarrd PC as an associate. Tiller previously was a law clerk in the 10th Judicialp District of Kansas researchingcorporate law, famil law and medical malpractice issues. Jacovb McElwee has joined Scharnhorst Ast Kennard PC asan Previously, McElwee was an attorney for the Officed of the State of Bank Commissioners, where he dealt with mortgagr lending, credit services, payday lending and other formws of consumer lending in Lori Beam has joined Scharnhorst Ast & Kennard PC as a Trained in radiology and paralegal functions, Beam startedd her career in the healtnh care industry in Colorado.
Friday, October 8, 2010
Stimulus funds to support lung-disease research at UC Denver - Baltimore Business Journal:
hustbelogehy1857.blogspot.com
The funds — part of a $3.3 millionh initiative funded through the Americahn Recovery and ReinvestmentAct — will be used to studu chronic obstructive pulmonary disease (COPD) and idiopathic pulmonargy fibrosis (IPF). U.S. Sens. Mark Udall and Michaeo Bennet, both D-Colo., announced the grant on Friday. COPD referse to a group of diseases that cause airflow blockageand breathing-related problems. It includes chronic bronchitis, and, in some cases, asthma.
Accordingg to the , COPD is the fourthg leading causeof death, illness and disability in the United IPF is an inflammatory lung disorder of unknown origimn characterized by abnormal formation of fibrous tissue betweej the tiny air sacs (alveoli) or ductds of the lungs. According to a presas release, ARRA funds will spur advances in the understandinyg of these complex lung diseases by supporting research at UC Denver and in 15other states.
The funds — part of a $3.3 millionh initiative funded through the Americahn Recovery and ReinvestmentAct — will be used to studu chronic obstructive pulmonary disease (COPD) and idiopathic pulmonargy fibrosis (IPF). U.S. Sens. Mark Udall and Michaeo Bennet, both D-Colo., announced the grant on Friday. COPD referse to a group of diseases that cause airflow blockageand breathing-related problems. It includes chronic bronchitis, and, in some cases, asthma.
Accordingg to the , COPD is the fourthg leading causeof death, illness and disability in the United IPF is an inflammatory lung disorder of unknown origimn characterized by abnormal formation of fibrous tissue betweej the tiny air sacs (alveoli) or ductds of the lungs. According to a presas release, ARRA funds will spur advances in the understandinyg of these complex lung diseases by supporting research at UC Denver and in 15other states.
Wednesday, October 6, 2010
Six Flags files Chapter 11 bankruptcy - Tampa Bay Business Journal:
http://executivetelephony.com/products/index.php?pid=52&name=Grandstream+GXP2000EXT+Expansion+Module
has initiated Chapter 11 bankruptcyg proceedings, Six Flags announced Saturday. Six Flags’ (OTCBB: board of directors on June 12 votedr to begin reorganization proceedingsin U.S. Bankruptcy Court for the District of Delaware. The company lister assets of $3.03 billion and debtsx of $2.36 billion in its filing. New York-based Six Flagsd is planning to reorganizethe company’se financial structure, which management said is feelinvg the pressure of an inherited $2.4 billion debt.
In a lettefr to employees, Six Flags CEO and presidenf Mark Shapiro saidthe company’s debt is left over from previoue management and despite the company making $275 million last it has been difficult for Six Flags to improvse its balance sheet when paying out $175 milliobn in interest on debt, Shapirio asserted. He added that more than $400 million in debt is due withib the next12 months, and the company is havinh to spend $100 million in park improvement s in an atmosphere where refinancing is difficult. Shapirl assured employees no staff reductions will ariser out ofthe filing, and employees will continuw to be paid and receive benefits.
Shapiroi said the bankruptcy plan has the support ofthe company’s lenderzs and the agent administering the company’s $1.1 billiobn senior secured credit facility. Six Flagsd parks, including Six Flaga Great America, will continue to operate as usuaunder reorganization. Six Flags sold severalo properties last year toraise capital. It stillp operates 20 amusement parksx inNorth America.
has initiated Chapter 11 bankruptcyg proceedings, Six Flags announced Saturday. Six Flags’ (OTCBB: board of directors on June 12 votedr to begin reorganization proceedingsin U.S. Bankruptcy Court for the District of Delaware. The company lister assets of $3.03 billion and debtsx of $2.36 billion in its filing. New York-based Six Flagsd is planning to reorganizethe company’se financial structure, which management said is feelinvg the pressure of an inherited $2.4 billion debt.
In a lettefr to employees, Six Flags CEO and presidenf Mark Shapiro saidthe company’s debt is left over from previoue management and despite the company making $275 million last it has been difficult for Six Flags to improvse its balance sheet when paying out $175 milliobn in interest on debt, Shapirio asserted. He added that more than $400 million in debt is due withib the next12 months, and the company is havinh to spend $100 million in park improvement s in an atmosphere where refinancing is difficult. Shapirl assured employees no staff reductions will ariser out ofthe filing, and employees will continuw to be paid and receive benefits.
Shapiroi said the bankruptcy plan has the support ofthe company’s lenderzs and the agent administering the company’s $1.1 billiobn senior secured credit facility. Six Flagsd parks, including Six Flaga Great America, will continue to operate as usuaunder reorganization. Six Flags sold severalo properties last year toraise capital. It stillp operates 20 amusement parksx inNorth America.
Tuesday, October 5, 2010
S.F. has lowest foreclosure sales rate in state in June - San Francisco Business Times:
http://bestwebdesignsite.com/how-do-you-choose-a-web-designer.html
Overall San Francisco saw one foreclosureper 11,77i9 residents. Two other Bay Area countiesx posted numbers that landede them in the top five of least foreclosured salesper population: Marin County had 50 foreclosure or one per 6,037 and San Mateo saw 151 foreclosures, one per 4,897y residents. In the bay Area, Contrw Costa suffered the highestforeclosurer numbers, with 933 or one per 1,127 Statewide the numbers continue to be dismal. Foreclosure salesx jumped 24.7 percent during June, followinf a 31.9 percent increase in May and a 35 percent increassein April. A total of 22,291 foreclosures were takeb to saleat auction, generating $9.
5 billion, according to Opening bids were an averagew of 39.3 percent lower than the loan with 46 percent discounted by 50 percent or according to the ForeclosureRadar report. Statewide, Merced at the highestf number of foreclosures per one foreclosure sale per605 residents.
Overall San Francisco saw one foreclosureper 11,77i9 residents. Two other Bay Area countiesx posted numbers that landede them in the top five of least foreclosured salesper population: Marin County had 50 foreclosure or one per 6,037 and San Mateo saw 151 foreclosures, one per 4,897y residents. In the bay Area, Contrw Costa suffered the highestforeclosurer numbers, with 933 or one per 1,127 Statewide the numbers continue to be dismal. Foreclosure salesx jumped 24.7 percent during June, followinf a 31.9 percent increase in May and a 35 percent increassein April. A total of 22,291 foreclosures were takeb to saleat auction, generating $9.
5 billion, according to Opening bids were an averagew of 39.3 percent lower than the loan with 46 percent discounted by 50 percent or according to the ForeclosureRadar report. Statewide, Merced at the highestf number of foreclosures per one foreclosure sale per605 residents.
Sunday, October 3, 2010
Cinder Conk returns to Ã…arhus - VillageSoup Belfast
batyushkinuxit.blogspot.com
VillageSoup Belfast | Cinder Conk returns to Ã…arhus VillageSoup Belfast The duo has gone on to share the stage with such entities as Beat Circus, The Toughcats and Slavic Soul Party. Though intrigued by the rousing traditions of ... |
Saturday, October 2, 2010
Private companies help public entities with energy conservation - Tampa Bay Business Journal:
soileauifyyfa1786.blogspot.com
million in block grants at the state, county and city levelw for energyefficiency improvements. With small tight budgets and an even tighter deadlined approachingthis summer, localp recipients are reaching out to private businesses for help. Bradenton officials are compilingbudget numbers, prioritizingy retrofits for city facilitiea and considering converting some systems to solar They have enlisted Sarasota-based as an educationao resource. “We have been talking with consultants who do this for a saidTim Polk, Bradenton’s director of planning and communityt development.
Michael Carlson, president of added a consulting practice to his architecturse firm to educate local official about the Leadership in Energy and Environmentalp Design rating system and the health and financiak benefits of making buildings moreenergyt efficient, as well as the terminology associated with lawmaking. “If the countyu or city has an idea, someone has typicallh already written a language and we can trackthat down,” said who has been involved with the for almosrt a decade. In anticipatiomn of more than $1 million in funding, the city of Clearwatet has formed a committeer to find out how to reduce the energyg bills atits facilities.
In addition, the city has a performancee contract with Clearwater followed the example of the which has performance contracts with several including Honeywell, to upgrade facilities, said Rick assistant director of solid waste and general serviced and emergency manager for the city. “We asked [Honeywell] to go out and look at facilities we werelooking at, find all the granyt money available and give us a proposakl on what they can do,” Carnlehy said. Through the performance contract, Honeywell conducts an in-depth auditg of a building and recommends changes to the facilityh that could reducethe cost.
When the audit comes the city will sign a contracrtwith Honeywell, Carnley said. The city has the addec resourceof Honeywell’s staff, includingy a project manager who will oversed the entire operation. brings in some of the top peopler in energyconservation retrofits,” Carnley Honeywell works with local entities to establish priorities, to completes their applications and to devisw their strategies, said Ron Blagus, director of marketing for Honeywell Energy Services. “Our experiencee has been that most communities have been had to scaled back intheir personnel,” said Blagus.
“So to many communitiesw this is agreat opportunity, but they are not sure how to wrestled it to the ground.” Other counties around the regiobn have entered into similar Polk County has contracted with an energy consultantf Tampa Bay Trane. “[Tampa Bay kept us abreast of the legislatiobn as it wasmoving through,” said Terry Pittman, facilities management directord for Polk. “At the same time we began identifying projects that were essential to taking care of existinbuilding inventory.” Pasco County has engaged Tampa-based TAC By in a performancde contract to assess large, energy-consumintg buildings.
After conducting a detailed analysis of more than 20 buildingxs and recommending energyconservation measures, the firm will hire subcontractors to instalol upgrades, said Michelle Simon, TAC accoun executive. “Initially they are helpingg us to determine what the best method is to completdethe project,” said Carol Cochran, administrative servicesz manager for the county. “They recommended a certain amount ofenergy savings, and they will make sure the prope equipment is installed to achieve those
million in block grants at the state, county and city levelw for energyefficiency improvements. With small tight budgets and an even tighter deadlined approachingthis summer, localp recipients are reaching out to private businesses for help. Bradenton officials are compilingbudget numbers, prioritizingy retrofits for city facilitiea and considering converting some systems to solar They have enlisted Sarasota-based as an educationao resource. “We have been talking with consultants who do this for a saidTim Polk, Bradenton’s director of planning and communityt development.
Michael Carlson, president of added a consulting practice to his architecturse firm to educate local official about the Leadership in Energy and Environmentalp Design rating system and the health and financiak benefits of making buildings moreenergyt efficient, as well as the terminology associated with lawmaking. “If the countyu or city has an idea, someone has typicallh already written a language and we can trackthat down,” said who has been involved with the for almosrt a decade. In anticipatiomn of more than $1 million in funding, the city of Clearwatet has formed a committeer to find out how to reduce the energyg bills atits facilities.
In addition, the city has a performancee contract with Clearwater followed the example of the which has performance contracts with several including Honeywell, to upgrade facilities, said Rick assistant director of solid waste and general serviced and emergency manager for the city. “We asked [Honeywell] to go out and look at facilities we werelooking at, find all the granyt money available and give us a proposakl on what they can do,” Carnlehy said. Through the performance contract, Honeywell conducts an in-depth auditg of a building and recommends changes to the facilityh that could reducethe cost.
When the audit comes the city will sign a contracrtwith Honeywell, Carnley said. The city has the addec resourceof Honeywell’s staff, includingy a project manager who will oversed the entire operation. brings in some of the top peopler in energyconservation retrofits,” Carnley Honeywell works with local entities to establish priorities, to completes their applications and to devisw their strategies, said Ron Blagus, director of marketing for Honeywell Energy Services. “Our experiencee has been that most communities have been had to scaled back intheir personnel,” said Blagus.
“So to many communitiesw this is agreat opportunity, but they are not sure how to wrestled it to the ground.” Other counties around the regiobn have entered into similar Polk County has contracted with an energy consultantf Tampa Bay Trane. “[Tampa Bay kept us abreast of the legislatiobn as it wasmoving through,” said Terry Pittman, facilities management directord for Polk. “At the same time we began identifying projects that were essential to taking care of existinbuilding inventory.” Pasco County has engaged Tampa-based TAC By in a performancde contract to assess large, energy-consumintg buildings.
After conducting a detailed analysis of more than 20 buildingxs and recommending energyconservation measures, the firm will hire subcontractors to instalol upgrades, said Michelle Simon, TAC accoun executive. “Initially they are helpingg us to determine what the best method is to completdethe project,” said Carol Cochran, administrative servicesz manager for the county. “They recommended a certain amount ofenergy savings, and they will make sure the prope equipment is installed to achieve those
Friday, October 1, 2010
Ed Whitacre named new GM chairman - Los Angeles Business from bizjournals:
http://ruksa.org/?p=228
former chairman and CEO of , to becomd the new chairman ofthe U.S. automaked once it completes itsbankruptcy reorganization. Kresa will continue to servse as interim chairman until Whitacrse takes over the helm ofthe U.S. Kresa, the chairman emeritus of Northrop Grumman took the reigns aschairman . GM says Whitacr e and Kresa — along with president and CEO Frederick A. Hendersom and board members Philip A. Kathryn V. Marinello, Erroll B. Davis Jr. and E. Nevilled Isdell — will serve as the nucleuzs of the newGM board. GM has launched a selectiohn process to identify four more directors who will serv e on the board of thereorganized company.
The Canadia n government and the new United Auto Voluntary Employee Benefit Association will each nominate one bringing the total number of directors for the compantyto 13. On June 1, GM announced that the company’sz three domestic subsidiaries had filed voluntary petitiona for relief under chapter 11 of the United States Bankruptcy Code inthe U.S. Bankruptcy Coury for the Southern District ofNew York. The company’sw reorganization plan includes selling substantially all of its global assets to a new entitu that will take on theGM name. That sale is subject to the approva ofthe court.
“The appointment of Ed Whitacre as chairman represents a very auspicioux beginning for thenew GM,” Kreswa says. “We look forward to working with him to complets the reinvention of GM and maximize the enormousz potential of thisnew enterprise.” Whitacre, 67, was chairmanb and CEO of AT&T Inc. and its predecessof companies from 1990to 2007. Durinyg his tenure, which began with Southwestern Whitacre led the company through a seriee of mergersand acquisitions. One of the more prominenty acquisitionswas AT&T. Whitacre retired from AT&T in 2007, . AT& T (NYSE: T) subsequently relocated headquarters to Dallasin 2008.
Whitacrs maintains an office inSan Antonio. Followinh his retirement, Whitacre accepted a teaching positionm on the business faculty at Texas Lutheran University in Seguin, Texas, near San Antonio. “I am honorede to be able to serve GM at this critical juncture and take part in its Whitacre says. GM was foundexd in 1908. The company now manufactures cars and truckws in34 countries. Its headquarters is in
former chairman and CEO of , to becomd the new chairman ofthe U.S. automaked once it completes itsbankruptcy reorganization. Kresa will continue to servse as interim chairman until Whitacrse takes over the helm ofthe U.S. Kresa, the chairman emeritus of Northrop Grumman took the reigns aschairman . GM says Whitacr e and Kresa — along with president and CEO Frederick A. Hendersom and board members Philip A. Kathryn V. Marinello, Erroll B. Davis Jr. and E. Nevilled Isdell — will serve as the nucleuzs of the newGM board. GM has launched a selectiohn process to identify four more directors who will serv e on the board of thereorganized company.
The Canadia n government and the new United Auto Voluntary Employee Benefit Association will each nominate one bringing the total number of directors for the compantyto 13. On June 1, GM announced that the company’sz three domestic subsidiaries had filed voluntary petitiona for relief under chapter 11 of the United States Bankruptcy Code inthe U.S. Bankruptcy Coury for the Southern District ofNew York. The company’sw reorganization plan includes selling substantially all of its global assets to a new entitu that will take on theGM name. That sale is subject to the approva ofthe court.
“The appointment of Ed Whitacre as chairman represents a very auspicioux beginning for thenew GM,” Kreswa says. “We look forward to working with him to complets the reinvention of GM and maximize the enormousz potential of thisnew enterprise.” Whitacre, 67, was chairmanb and CEO of AT&T Inc. and its predecessof companies from 1990to 2007. Durinyg his tenure, which began with Southwestern Whitacre led the company through a seriee of mergersand acquisitions. One of the more prominenty acquisitionswas AT&T. Whitacre retired from AT&T in 2007, . AT& T (NYSE: T) subsequently relocated headquarters to Dallasin 2008.
Whitacrs maintains an office inSan Antonio. Followinh his retirement, Whitacre accepted a teaching positionm on the business faculty at Texas Lutheran University in Seguin, Texas, near San Antonio. “I am honorede to be able to serve GM at this critical juncture and take part in its Whitacre says. GM was foundexd in 1908. The company now manufactures cars and truckws in34 countries. Its headquarters is in
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