“Survey: Growth ahead for Midwest economy - Argus Leader” plus 3 more |
- Survey: Growth ahead for Midwest economy - Argus Leader
- N.M. business owner questioned in body parts case (4:50 ... - Las Cruces Sun-News
- Business briefs: Low rates may not outlive jobless woes - Herald Tribune
- President Obama to promote health bill's business ... - Chicago Sun-Times
| Survey: Growth ahead for Midwest economy - Argus Leader Posted: 01 Apr 2010 05:43 AM PDT A regional economic index has hit its highest level since May 2006. It was the fourth increase in as many months for the survey of supply managers and business leaders in nine states: Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota. The index ranges from zero to 100. Organizers say any score above 50 suggests economic growth in the next three to six months. Creighton University economist Ernie Goss says low interest rates, a stabilizing job market and declines in U.S. unemployment are behind economic optimism of supply managers in the Mid-America region. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| N.M. business owner questioned in body parts case (4:50 ... - Las Cruces Sun-News Posted: 01 Apr 2010 06:12 AM PDT ALBUQUERQUE - Investigators with the Albuquerque Police Department are talking to the owner of a business that has been linked to the discovery of six heads and numerous other human body parts in a truck at a Kansas medical waste facility. Police spokeswoman Nadine Hamby says investigators arrived at Bio Care around 4 p.m. Wednesday to talk to the owner, Paul Montano. She says Montano has been cooperating. Authorities say a dozen tubs containing the heads and body parts were found at a Stericycle Inc. facility in Kansas City. The facility disposes of waste such as operating room debris or syringes but doesn't incinerate major body parts. Montano said Tuesday that his company wasn't involved. He did not return several messages seeking comment left by The Associated Press on Wednesday. Copyright 2010 The Associated Press. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Business briefs: Low rates may not outlive jobless woes - Herald Tribune Posted: 31 Mar 2010 10:05 PM PDT Peabody Energy makes play for firm ST. LOUIS -- U.S. coal giant Peabody Energy Corp. made a $3 billion takeover bid for Australia's Macarthur Coal Ltd., but the Australian company said the offer was too low. Shares in Macarthur surged more than 16 percent on the Australian stock market and analysts said investors were gambling that Peabody would improve its offer. Macarthur operates two coal mines in northeastern Queensland state and is planning two more that would double its production within five years. It said Peabody made a conditional, nonbinding bid of 13 Australian dollars per share, valuing the company at about AU$3.3 billion ($3 billion). Trust gets billions from warrant sale DETROIT -- Ford Motor Co. says a United Auto Workers trust fund that will pay retiree health care bills will get about $1.78 billion from the sale of warrants to buy Ford stock. Investors paid $5 for the warrants to buy 362 million Ford shares during an auction. The warrants give investors the right to buy Ford stock for $9.20 per share. Investors can now trade the warrants on the New York Stock Exchange until Dec. 31, 2012, which is the deadline to redeem them. TierOne must find investor or buyer OMAHA, Neb. -- Federal regulators have rejected a plan Nebraska's TierOne Bank submitted to improve its balance sheet and ordered the bank to find an investor, buyer or merger partner by the end of April. TierOne Corp. has been under strict scrutiny from the federal Office of Thrift Supervision since early 2009, after the bank reported four straight quarters of losses due to non-performing loans. TierOne said it must submit an agreement to improve its capital position to regulators by the end of April, and that the bank must receive an infusion of funds by the end of May, unless regulators extend the deadlines. TierOne holds about $2.9 billion in assets. GE to put research center in Dayton CINCINNATI -- GE Aviation announced plans for a new electric power systems research and development center near Dayton in southwest Ohio. Ohio's Third Frontier program, which funds investment in innovative technology projects, will provide a $7.6 million grant for the project estimated at $51 million. GE Aviation said the center will work on advanced electrical systems for ground vehicles, aircraft and naval ships. Rat Pack casino closes at Tahoe RENO, Nev. -- Before the Las Vegas Strip ruled the gambling world, Frank Sinatra, Dean Martin and Sammy Davis Jr. helped make the Cal Neva Lodge one of Nevada's coolest casinos in the early 1960s. But the roulette wheels stopped spinning and blackjack games ceased at Sinatra's old resort that straddles the Nevada-California border on Lake Tahoe's north shore. While the resort's current owner hopes to reopen the casino under a new outside contractor by year's end, some analysts think the Cal Neva might have dealt its last hand. Rio Tinto mulls Alcan business LONDON -- Rio Tinto PLC says it has received an offer from Sun European Partners LLP to acquire its Alcan Beauty Packaging business. Rio Tinto said that the terms of the offer are confidential, adding that it has entered into a period of exclusivity with Sun European as it considers the offer. The division, a leader in the market for plastic packaging for beauty products, employs around 8,000 people in 26 plants across 12 countries. EU calls for Anglo Irish overhaul BRUSSELS -- European Union regulators started an inquiry into Irish government help for property lender Anglo Irish Bank, warning that the bank has to draw up a new business plan and "restructure profoundly." The European Commission also approved Ireland's emergency capitalizations of up to $14 billion for Anglo Irish Bank. European steel makers demanded an EU antitrust probe to check for monopoly abuse and cartel-type behavior by the three major iron ore suppliers Vale, BHP Billiton Ltd and Rio Tinto after price increases of more than 80 percent. European car makers and engineering companies also complained that higher costs for iron ore, steel's key ingredient, could do serious harm to their business and were not justified by higher demand from emerging economies China, India and Brazil and Steel federation Eurofer. Germany approves plan for bank fund BERLIN -- The German government approved a plan to have banks pay into a fund to cover the costs of future financial crises — a proposal greeted with interest by France's visiting finance minister. The government expects that the levy would raise between euro1 billion and euro1.2 billion ($1.35 and $1.6 billion) per year for the so-called "stability fund," German Finance Minister Wolfgang Schaeuble said. Schaeuble said the government expects to draw up detailed legislation by this summer. He said Germany would aim for rules at the European level, but would push ahead with its national bill. EU calls on Germany to boost domestic demand BRUSSELS -- The European Commission says major eurozone exporters such as Germany and the Netherlands should use export earnings to boost household demand and help even out imbalances among the 16 nations that use the euro. Officials said the persistent weakness in domestic demand was "a source of concern for the euro area as a whole." It said balanced growth means that "export successes should translate into stronger domestic demand." It also called on countries to look at why companies and households are slow to spend. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| President Obama to promote health bill's business ... - Chicago Sun-Times Posted: 01 Apr 2010 02:30 AM PDT
WASHINGTON -- President Barack Obama is promoting his health care law's benefits for small businesses as he tries to rally public support for the massive overhaul. During a speech Thursday in Portland, Maine -- the second stop in a series of appearances to sell the reforms -- Obama was to focus on the plan's short- and long-term impacts on small businesses, many of which have suffered during the economic downturn.  Under the plan, businesses with 25 or fewer employees with average annual wages of less than $50,000 will receive tax credits this year if they provide health care coverage to their workers. Those credits are expected to increase by 2014, with 3.6 million small businesses benefiting, according to Democrats. Also starting in 2014, companies with up to 100 employees will be able to buy insurance through new state-based purchasing pools, or exchanges, with the goal of giving small businesses the same kind of purchasing power as employees at larger companies. Twenty-two million self-employed Americans will also be able to purchase insurance through the exchanges. Overall, the 10-year, nearly $1 trillion overhaul Obama signed into law last week will extend coverage to 32 million people who are currently uninsured and will shape how almost every American receives and pays for medical treatment. The law doesn't require businesses to offer insurance, but hits employers with 50 or more workers with an annual fee if the companies don't insure them and the government ends up subsidizing workers' coverage. Those fines have troubled critics of the overhaul, who argue that the increased costs could bankrupt companies already trying to recover from the recession. Many Republicans are predicting that the overhaul will prove devastating in the November elections for Democrats who voted for it. Some in the GOP are calling for the revisions to be repealed. But in Maine, Obama will be preaching to the choir in a state that has been a leader on health care reform, establishing programs to lower prescription drug costs and extend health insurance to the working poor. After speaking in Maine, Obama planned to travel to Boston to attend two fundraisers for the Democratic National Committee. Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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