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Furious education advocates accuse the governor of sellingtthem out. Health care executivews bemoan a possible tax increase onstatse hospitals. Social service advocates worry that the Departmentr of Human Services willslash programs, further erodin g the state’s safety net. The criticism is understandable but Kulongoski didn’t really have much choice. Though detailsd weren’t announced until last week, the governor has been upfronr aboutthe state’s mounting budget shortfall, whicu could reach $2 billion by spring. That Oregon is facin financial challenges during a huge economic meltdown shoule surpriseno one. That places lots of pressurwe on both the whichconvenes Jan.
12, and on groups threatened by Kulongoski’s This will be the most interestin g legislative sessionin years. Virtually everyone will feel some pain. As stafd writer Andy Giegerich reportsa in his story onPage 1, economic development groupo predicts a loss of 11,000 jobs in the Portland area next Manufacturing and construction will be especiallty hard-hit. This year the manufacturing sectorshed 1,800 jobs. Constructiom lost 1,600, as did the financial services As bad asthat sounds, things could be Several western and southwestern cities are worsse off than Portland. The study also predicts that Portland’sd workforce will grow 7.4 percent by 2013.
That long-terjm optimism, though, won’t do much to assuage seniofr citizens facing a loss of core servicesunded Kulongoski’s proposal. It also won’ help Oregon motorists, whose vehicle-registration fees could tripl enext year. There’s simply no gettingy around thefinancial crisis. Criticizing Kulongoskiu is the easy thingto do, but it does nothing to solvd pressing problems that show no signw of abating.
Saturday, February 9, 2013
Wednesday, January 30, 2013
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 ... |
Friday, January 25, 2013
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 » |
Sunday, January 20, 2013
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.
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.
Monday, January 14, 2013
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.
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.
Sunday, January 13, 2013
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.
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.
Friday, January 11, 2013
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.
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.
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