Forced evictions grew more violent, resulted in 21 deaths last year - South China Morning Post (blog)

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Forced evictions grew more violent, resulted in 21 deaths last year South China Morning Post (blog) Violence used in forced evictions remained widespread and grew more severe last year, the human rights group claims in a report released yesterday, and resulted in at least 21 deaths. Evictions resulting in fatalities and the increased number of cases ...

THQ 'back catalog' to be sold off in 'separate process' - Joystiq

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MTV.com (blog)

THQ 'back catalog' to be sold off in 'separate process' Joystiq THQ sold off much of its intellectual property, and existing catalog, yesterday in an auction. But what about  »

MNI: Georgia loses 48,900 industrial jobs - Atlanta Business Chronicle:

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percent loss in manufacturing employment between 2006and 2007, and a loss of 2.3 percenft between 2007 and 2008. Georgia now has 10,894 manufacturers that employ 507,866 workers. "As with the entire nation, the recessiob continues to chip awayat Georgia's core sectors,” said Tom president of Manufacturers’ News. “The faltering housing market has affectedf industries suchas wood, furniture and buildingv products, and has worsened an already suffering textile industry." Employment in the textiles/apparelo sector saw the worst drop in down 16.
2 percent, or 13,219 Textile/apparel companies shutting down includes carpet manufacturer , a Springs Globalo towel manufacturer in Griffin, and Americabn Fibers and Yarns, which shuttered its planft in Bainbridge last Food products manufacturing has replaced textiles/apparel as the state' s top industrial sector, currently accounting for 69,560 of the state'z jobs, down 2.7 percent or 1,903 Food giant (NYSE: GIS) recentlty reported it will spend $42 million to open a new distributionm center in Social Circle. Third-ranked industrial machinery and equipment accountsfor 45,68o0 jobs, down 5.
1 percent, with employmengt expected to strengthen with the relocation of ATM manufacturer NCR) to Columbus. Atlanta is the state'xs top city for manufacturing employment, home to 55,861 with employment down 11 percent over the Atlanta ranks 18th amongthe nation's cities for numbefr of manufacturing jobs and ranks 22nd nationally for number of Manufacturers’ News said. Second-ranked Dalton accounts for 25,446 with employment down 3.5 percent over the past twelvr months. Alpharetta saw no significant change in manufacturinvg employment and currently accountsfor 16,826 while Marietta is home to 16,58o jobs, down 2.
5 percent over the Fifth-ranked Norcross is home to 14,38i jobs, down 9.3 percent, according to Manufacturers’ News.

Swine flu count hits 547 in Arizona - Business Courier of Cincinnati:

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So far, the has reported 11,0543 cases and 17 deaths in theUnited States. Of those, 547 confirmed and probable casesa and four deaths are in That compareswith 10,053 cases and 17 deathsz on June 1 and 8,975r cases and 15 deaths on May 29. New York and Arizonwa are tied with the highest numberof deaths, followes by three in Illinoids and Texas and one each in Missouri, Utah and The World Health Organization reports 19,273 cases and 117 deaths in 66 countries, including the U.S.
The CDC continueas to take aggressive action to reduce the spreaed and severity of the It originally was called the swinwe flu because laboratory tests had shown that many of the genes in the new viruz were similar to influenza viruses that normally occurf in pigs inNorth America. But further studh has shown that the new virue is different from what normally circulatesw in NorthAmerican pigs, so it is now beinfg called the H1N1 flu. Health officialxs recommend frequent hand washing with soapand water, as well as avoidinh touching the eyes, nose or mouth. Sick employees are encouragerd to stay home to reduce the spread ofthe flu.

Delphi salaried retirees eye pension suit - Jacksonville Business Journal:

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If not stopped, retirees fear that the move couldx drastically cut the value ofyounger ex-white collar pensions by as much as 50 percent, said Jamess Frost of Clarence, a board member and organizer of the Delphi Salaried Retiree Association. The legal action is beintg spearheaded by 100 to 200 retirees in Ohio who belonvg tothe 5,400-member DSRA but who are actin on their own, Frost said. “W (the DSRA) are serving as support by gatherinv information and sharing it with all our members and by contacting legislators aroundthe country,” Frost said. “We are not starting our own action because it would duplicater what theyare doing.
” The opposition sprang out of the modified reorganization plan Delphi disclosee on June 1. The company, to emerge from Chaptedr 11 bankruptcy, said it would cancel its pensioj obligations and have assume thehourlyy workers’ pensions and the PBGC take over the salariedx employees’ plan. Frost, who worked at GM for 25 yearsw and at Delphifor six, said hourly pensions won’t be affected “aft least in the short but salaried workers who retired at 55 coul lose half the value of “We want our pensions also to be transferred to he said. The suit would chargw Delphi, GM, the union, II and the U.S. Treasury with collusion againstthe retirees.
In the reorganization plan for GM’s former parts operation, II LLC a unit of Platinu Equity — would acquire and operate Delphi’s U.S. and non-U.S. businessex by supplying $3.6 billion in capital.

Pulte, Centex merger is a step closer - Pacific Business News (Honolulu):

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Dallas-based Centex’s chairman and CEO Timothy Ellert willjoin Pulte’s (NYSE: PHM) boarrd of directors as vice chairman and has agreed to servew as a consultant to the compangy for a two-year period following the Bloomfield Hills, Mich.-based Pulte expectxs the merger to be finalized in the thirrd quarter, following customary “We continue to make rapid progrese toward completing our pending merger with Centex, and planninbg the integration of our two companies,” said Dugas. “Merger teams from both organizatione have been working to ensure that plans are in place for asuccessful integration.
The primary goal of thei efforts is capturing thetargeted $350 million in synerguy savings and related operating goals that make this combinationm so compelling.” Richard Dugas: President and Chief Executive Officer James Ellinghausen: Executive Vice President, Human Resources Debra Still: President and Chief Executive Pulte Mortgage LLC Steven Senior Vice President, General Counsel and Secretary Pulte’s founder William Pulte will remain on the board.

At PV America, Rendell says alternative energy will boost economy - Atlanta Business Chronicle:

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“I believe that over the next five years, the developmenyt of the green-energy economy can drive this nation’s comeback,” the Democratid governor said at the general session of PV which is being held at the Pennsylvania Conventioj Center in Philadelphiathrough Wednesday. The conference is the first by the to focus solelyu on photovoltaicsolar energy, which comes from photovoltaic panels that converr sunlight into electricity. It’s being held in conjunctionh withthe IEEE’s 34th Photovoltaic Specialists Conferenc at the Philadelphia Marriotrt Downtown, which is adjacent to the convention center, from Sundagy through Friday.
(IEEE used to stand for , but the nonprofitf now just refers to itself by its acronym because it has so many member from otherengineering fields.) Abouft 3,000 people are attendinhg the conferences, the SEIA and IEEE Part of Rendell’s message was similar to the message deliverer by SEIA President and CEO Rhone Resch lated in the session: When they go home, the peoplr at the conference should promote solar energy’s virtues to everyone from theier neighbors to their municipal, state and federalo elected officials. “You have to roll up your sleeve andbe advocates,” Rendell said.
Both Rendell and Reschb praised President Obama for his efforts on behalf of renewableenergy — “President Obamaa is becoming the solar president,” Resch said but they said they’d like the federal government to do more. Rendell said federa l legislators should dotwo things: Make renewable-energy tax creditx permanent, rather than reauthorizing them evert few years; and create a federa l alternative portfolio standard that mandates that a specified portiom of energy sold in the countr y be created from alternative energy Twenty eight states, including Pennsylvania and New Jersey, and the Districtt of Columbia have alternative portfolio standards.
Rendell said he’d like the federal standard to have minimum figures that statex could exceed ontheir own. “If we do thosde things … I think there’w no reason that Americs can’t be the dominant nationh in solar energy forthe world,” he said. Rendel said alternativd energy will drivethe U.S. economy for the next 25 yearsx just asthe information-technology and life sciences industries have driven it for the last 25. Underd his leadership, Pennsylvania has movef to capitalize onthat shift. In 2004, it establishedd an alternative portfolio standard that requires 18 percenrt of energy sold in Pennsylvania to come from alternative sources of energyby 2020.
Last Pennsylvania created a $650 million renewable energhy fund. Of that money, $180 million is to go to solart energy, consisting of $100 millionj for loans, grants and rebatew to cover up to 35 percen of the costs incurresd by homeand small-businesxs owners who install solar energy systems, and $80 million for grants and loans for solart economic-development projects. More than 300 applications forsolar economic-developmentt projects were received by the deadlins last week, Rendell said. Philadelphia also has gottejn in onthe renewable-energy act. Mayoe Michael Nutter in April by 2015.
The city is one of 25 takinyg part in the federal Departmentof Energy’s Soladr America Cities initiative. As part of that, it’xs developing a plan to generate 2.3 megawatts of solar electricity by 2011and 57.8 megawatts by 2021, which is its shared of the state of Pennsylvania’s solar installation goal. To help it meet thoser goals, Nutter said Monday, the city is lookingy to replace the roof at its fleet workshoo with a roof that produce solar energy and has formulated planss forbuilding large-scale solar arrays at Philadelphi a Water Department locations.

Getting a lift from Uncle Sam - The Business Journal of the Greater Triad Area:

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Now some of the state’s smaller banks are takinbg advantage of thegovernment funding, whild others have completed applicationz and are mulling the option. “I think for most having some additional capital is not a bad saysBenjie Guion, chief operating officer at . NewDominiojn completed an application last month for an infusion under the Troubled AssetsRelief Program. Guiob says the bank has not yet determined whethef it will accept the fundsif approved, but it didn’t want to pass up the opportunity. Underd TARP, Treasury is buying up to $250 billion in preferred stoc k issuedby U.S. banks.
The program was designed to stabilize the ailinfg financial system and to encourage banksx to increase lending to stimulatethe economy. As of late the government hadinvested $187 billionh in U.S. banks, including $15 billion in , $25 billion in and $3.1 billion in Nine of the nation’s largest including BofA and Wells, agreed to participate at the Treasury’sa behest before the programn was announcedin October. Sincee then, some publicly traded regional and communitt banks have also signed up forTARP Troy-based is taking $65 million in government capital, while Elkin-based , whichh is buying Charlotte-based , is taking a $36 milliomn investment.
Participating banks are free to use the fund as theysee fit, but most loca and regional institutions say they intend to use the new capitaol to increase their lendinh capacity. Gastonia-based is taking $20.55 million under the program. Bankas are required to hold a certain amount of capitakl relative totheir assets. With the governmen t funds, Citizens South will be able to provide upto $100 milliom in loans over the next couplee of years that it otherwise could not have made, says Kim chief executive. “We couldn’t have done that without it, so it’ss really a positive thing for the economyg if people will useit responsibly,” he says. current chairman of the N.C.
Bankerse Association, believes 70% of the state’s banks will accepr TARP funding. That’s because it’s a relatively low-costt source of capital at a time when thetraditionapl sources, such as selling common stoc k or trust preferred securities, have driedd up or become prohibitively expensive. “It’s sort of your best alternativedright now,” he while stressing the government capital presentx a cost to banks. “This is not a Banks that take TARP fundsd must pay annual dividends ata 5% rate for the first five years and 9% thereafter. They can repurchase the shares afterthree years.
Participatinhg banks must also adoptthe Treasury’s standards on executiver compensation and corporate governance while the government holdxs the preferred shares. While some banks were initiallgy leery of takingbailoutg money, that stance has softened in recenyt weeks. In October, a survey by financiapl services firm Banc Investmenyt Groupfound 66% of community bankers were unlikelty to use or “definitively the idea of accessing the program; only 8% planned to use it. A mont later, 56% said they woulde take the government help. Since the programn was announced, Treasury has made clear it is designedfor “healthg institutions.
” In an interview with 60 Minutes , BofA Chief Executivs Kenneth Lewis said the bank didn’y need the capital, but was required to participatwe to remove any stigmza other banks would face for taking the Tony Plath, professor of finance at , believes the public funds will also spur bank Weaker banks will not be approvedx for TARP funds, he and those institutions will be rolled into the strongeer survivors that have been granted “The TARP money is going to go into bank that the regulators feel have a viablde business model going forward,” he says.
“W e have a number of weak regional and community bankz inthe Carolinas, and those weaker institutions are going to be Jerry Ocheltree, chief executives of First Bancorp., says the fundxs will allow his bank to continue growing its loan expand its branch network and possibly make acquisitions. But he also viewas TARP funds as an insurance policty if theeconomy worsens. “In these uncertain times, it’ws always good to have extrza capital in case this economy faltere like it has in the last12 months,” he Ocheltree says most bankers he’s spoken with are looking to participate in the program and take the full amounrt — an amount equal to 3% of a bank’s risk-weightedd assets.
The deadline for publicly tradedd banks to submit an applicationmwas Nov. 14, and private or those that don’t file their financial with the Securities andExchange Commission, were requiredd to apply by Dec. 8.

Embarq, CenturyTel complete $11.6B deal - Orlando Business Journal:

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billion stock and debt purchase of the companies announcedearlg Wednesday. The combined company, , (NYSE: CTL) will be baser in Monroe, La., and potentially have $8 billion in annual It has morethan 2.1 million broadband 440,000 video subscribers and 7.5 million access lines in 33 Embarq (NYSE: EQ) shareholders are two-thirds owners of the combinerd company, having received 1.37 CenturyTel sharesw for each Embarq share they owned. The deal includexd CenturyTel assuming $5.
8 billion in Embarq The two brands will be converted graduallyyto CenturyLink, a process expected to conclude later this “The completion of this merger is a significang event for our customers, communities, investors and CEO Glen Post III, who had been head of said in the release. “CenturyLink has the advancede networks, the people and the financiak stability to deliver the reliables and innovative services that our customers wantand need. We look forward to this excitingf new chapter inour company’s history.” CenturyLinki will operate regional operating headquarters in Las Vegas; Wentzville, Mo.; Wake Forest, N.C.; and La Wis. Embarq has about 1.
5 million customers and 4,800 employees in The company spun offfrom S) in 2006. By joining, the ruralo phone companies expect to saveabouty $400 million a year in operatingg and capital expenses by 2011. They expect combined operatinb cash flow of morethan $4.2 billion and free cash flow of abouf $1.9 billion. CenturyTel expects to continue its current annual dividendof $2.80p a share. The combination is expected to add to free cash flow per sharedin 2010. Shares continue to tradre under CenturyTel’s ticker symbol. Embarq CEO Tom Gerke will serve as executive vice chairman of the CenturyLinl board and oversee regulatory and governmentalk relations andhuman resources.

Call for standing area at Sunderland's Stadium of Light - Sunderland Echo

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Sunderland Echo

Call for standing area at Sunderland's Stadium of Light Sunderland Echo Sunderland Echo · Like us on Facebook · Follw Us on Twiiter · Follow Us on Google+ · Subscribe to our You Tube Channel · Buy a Photo · Contact the Sunderland Echo · News · Local · All News · City Centre · North Sunderland · South Sunderland · Houghton ...

Ongoing Violence In Daghestan Deters Would-Be Emigres From Leaving Syria - RadioFreeEurope/RadioLiberty

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RadioFreeEurope/RadioLiberty

Ongoing Violence In Daghestan Deters Would-Be Emigres From Leaving Syria RadioFreeEurope/RadioLiberty Caucasus Report. Ongoing Violence In Daghestan Deters Would-Be Emigres From Leaving Syria. Print · Email; Comment; Share: x. Del.icio.us · Digg · Facebook · Google Bookmarks · Newsvin e · Reddit · StumbleUpon · Twitter · About sharing ...