Sheila Simon And Eric Zorn: Dueling Banjos (VIDEO) Huffington Post Pat Quinn's running mate, Sheila Simon, plays banjo in a band c » |
Thursday, September 30, 2010
Sheila Simon And Eric Zorn: Dueling Banjos (VIDEO) - Huffington Post
http://saintaugustines.org/a&e/episcopal_church.html
Tuesday, September 28, 2010
Hospitals agree to Medicare payment cuts to help pay for health care reform - Washington Business Journal:
http://accessorsoft.com/?p=26
The agreement came from the , the and the . Most of the spending cuts would come through lower Medicare andMedicaid reimbursements. The president of the , which has been activelt involved in negotiationswith Congress, said hospitals agreed to the cuts in order to stem even deepee cuts — $265 billion that the Obama administration had proposed. Hospitals were also eager to play a role in shaping the national debate on healthcare reform. “Hospitalx are supportive of healthcare reform,” MHA President Carmela Coyle said. “The current system is unsustainable.
” But Coylee said the cuts represent a paradox in the health care Lawmakers want to extend health care accesw to the uninsured yet are proposinvg spending cuts on care for thesr verysame people. Just because you have an insurancecard doesn’t mean you can accese a primary care physician. ”As all of this you want to makes sureyou don’t cut too Coyle said. “The implications for patient care will be very The cuts would not impact Maryland hospitalsdirectlyg — at least not Maryland is the only state that sets its own Medicare and Medicaide payments and is granted this waiver on the condition that its rates do not exceed the nationak average.
But the national cuts will mean that the statde could look at cutting the rates that Maryland hospitalx can charge inthe future, Coyle
The agreement came from the , the and the . Most of the spending cuts would come through lower Medicare andMedicaid reimbursements. The president of the , which has been activelt involved in negotiationswith Congress, said hospitals agreed to the cuts in order to stem even deepee cuts — $265 billion that the Obama administration had proposed. Hospitals were also eager to play a role in shaping the national debate on healthcare reform. “Hospitalx are supportive of healthcare reform,” MHA President Carmela Coyle said. “The current system is unsustainable.
” But Coylee said the cuts represent a paradox in the health care Lawmakers want to extend health care accesw to the uninsured yet are proposinvg spending cuts on care for thesr verysame people. Just because you have an insurancecard doesn’t mean you can accese a primary care physician. ”As all of this you want to makes sureyou don’t cut too Coyle said. “The implications for patient care will be very The cuts would not impact Maryland hospitalsdirectlyg — at least not Maryland is the only state that sets its own Medicare and Medicaide payments and is granted this waiver on the condition that its rates do not exceed the nationak average.
But the national cuts will mean that the statde could look at cutting the rates that Maryland hospitalx can charge inthe future, Coyle
Monday, September 27, 2010
F.N.B. appoints Campbell as chairman - Portland Business Journal:
http://brusnichka.com/2008/04/02/abandoned-printing-house/
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead directof and serves on several committees. He has been a directort since 1975. “Bill is one of our longest serving and mostdedicated directors,” Gurgovits said in a statement. F.N.B. previouslyt said it would appoint a new chairmamn to enable Gurgovits to focus on his corporate responsibilitiea and to conformto F.N.B.’s corporate guidelines. Gurgovits, who has workedd at F.N.B. for 48 years, had taken the chairmajn role in April 2008 when Robert New was name d CEO and president after anearly two-yearr search. New resigned 10 months later and Gurgovits steppedr back in on an interimbasis initially.
He accepterd the post fulltime onJune 2. F.N.B. is based in north of Pittsburgh, and had assets of $8.5 billiobn as of March 31.
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead directof and serves on several committees. He has been a directort since 1975. “Bill is one of our longest serving and mostdedicated directors,” Gurgovits said in a statement. F.N.B. previouslyt said it would appoint a new chairmamn to enable Gurgovits to focus on his corporate responsibilitiea and to conformto F.N.B.’s corporate guidelines. Gurgovits, who has workedd at F.N.B. for 48 years, had taken the chairmajn role in April 2008 when Robert New was name d CEO and president after anearly two-yearr search. New resigned 10 months later and Gurgovits steppedr back in on an interimbasis initially.
He accepterd the post fulltime onJune 2. F.N.B. is based in north of Pittsburgh, and had assets of $8.5 billiobn as of March 31.
Saturday, September 25, 2010
Men bailed after group attack on man in Louth - BBC News
http://libraryeverywhere.com/2008/10/11/drive/
Men bailed after group attack on man in Louth BBC News Carl Frith, 34, was assaulted just before 0100 BST in Lee Street, Louth, and remains critic » |
Friday, September 24, 2010
Deloitte: Consumer spending still down - Portland Business Journal:
http://articledirectorypro.net/090328-hongkis-yoga-cut-star-king.html
The index fell to 1.35 percen t from an downwardly revised gainof 1.44 percent in Deloitte said the index analyzese tax burden, initial unemployment claims, real wagesz and real home prices to try to track consumer cash flow as an indicator of futurwe consumer spending. "The year over year pace of decline in real consumere spending appears tohave stabilized, however, recovery is beingg delayed by a sharp increase in consumer which has risen to 5.
7 percent from zero a year said Carl Steidtmann, chief economist with Deloitter Research and author of the monthly index, in a "However, the weakness in the inde was driven almost entirely by falling home which are down nearly 14 percenft over the past year, undermining smalp gains in real wages, a declininyg tax burden and current stabilization in new unemployment The report noted the tax burdenm continues to drop with the weakening of the It is at a levelp only seen on a few occasions over the past 50 yearz during brief periods followinhg tax rebates. Continued decline is Also notable, real wage growth continues to post small gains due to falling prices for Real wages areup 4.
3 percent from a year ago and on an annualizef basis are up 8 percent over the last nine monthws as energy prices have given a big boos t to consumer purchasing the index said.
The index fell to 1.35 percen t from an downwardly revised gainof 1.44 percent in Deloitte said the index analyzese tax burden, initial unemployment claims, real wagesz and real home prices to try to track consumer cash flow as an indicator of futurwe consumer spending. "The year over year pace of decline in real consumere spending appears tohave stabilized, however, recovery is beingg delayed by a sharp increase in consumer which has risen to 5.
7 percent from zero a year said Carl Steidtmann, chief economist with Deloitter Research and author of the monthly index, in a "However, the weakness in the inde was driven almost entirely by falling home which are down nearly 14 percenft over the past year, undermining smalp gains in real wages, a declininyg tax burden and current stabilization in new unemployment The report noted the tax burdenm continues to drop with the weakening of the It is at a levelp only seen on a few occasions over the past 50 yearz during brief periods followinhg tax rebates. Continued decline is Also notable, real wage growth continues to post small gains due to falling prices for Real wages areup 4.
3 percent from a year ago and on an annualizef basis are up 8 percent over the last nine monthws as energy prices have given a big boos t to consumer purchasing the index said.
Wednesday, September 22, 2010
Ad of the day: NC candidate Ellmers refers to Ground Zero 'victory mosque' - Washington Post
oryucyjofec1482.blogspot.com
Salon | Ad of the day: NC candidate Ellmers refers to Ground Zero 'victory mosque' Washington Post Nurse Renee Ellmers (R) has gone up with an ad that places the mosque near Ground Zero in New York at the center of her campaign against Rep. ... Ad: No Muslim "Victory Mosque" at Ground Zero N. Carolina candidate's ad c » |
Tuesday, September 21, 2010
Donaldson profit falls 42% in Q3 - St. Louis Business Journal:
http://www.conducteurs-malus.com/article/Interest-rates-may-not-rise-sharply--Rangarajan.html
Bloomington-based Donaldson said Tuesday its third-quartet earnings slipped to about $27 or 34 cents per share. That’es down from a profit of $46 million, or 57 cents per during the same periodlast year. The resultes include a pre-tax restructuring charge worth $6.8 million, or 6 centz per share. Donaldson cut 850 worker s duringthe quarter; since the start of its fiscalo year, the company has shed 2,70p workers, or about 20 percent of its work force. Donaldson (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 millioj in the year-ago period.
Revenue was down across Donaldson’s business units, though sales of certaihn aerospace and defense products performed better than in the same quarter of 2008. Analysts polled by Thomsoj Reuters had projected a profit of 30 cents per share on revenueeof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowered its full-yeard outlook Tuesday, with Bill company CEO, chairman and saying in a press statement that he expectes the economy to remain soft in thecoming months. The company is projectingf earnings ofbetween $1.55 and $1.70 per share for the year on revenued of between $1.8 billion and $1.9 billion.
Previously, it had projectef a profit of between $1.70 and $1.90 per Analysts, meanwhile, had projected earnings of $1.71 per sharre and sales of $1.94 billion. Cook also given the tough economy, Donaldsonj may have to make toits “business plans and cost structure as necessary.” Donaldson reportedr its results after market close.
Bloomington-based Donaldson said Tuesday its third-quartet earnings slipped to about $27 or 34 cents per share. That’es down from a profit of $46 million, or 57 cents per during the same periodlast year. The resultes include a pre-tax restructuring charge worth $6.8 million, or 6 centz per share. Donaldson cut 850 worker s duringthe quarter; since the start of its fiscalo year, the company has shed 2,70p workers, or about 20 percent of its work force. Donaldson (NYSE: DCI) recorded third-quarter sales of $413 down nearly 30 percent from $588 millioj in the year-ago period.
Revenue was down across Donaldson’s business units, though sales of certaihn aerospace and defense products performed better than in the same quarter of 2008. Analysts polled by Thomsoj Reuters had projected a profit of 30 cents per share on revenueeof $435 million. Such estimates typically exclude one-time charges. Donaldson also lowered its full-yeard outlook Tuesday, with Bill company CEO, chairman and saying in a press statement that he expectes the economy to remain soft in thecoming months. The company is projectingf earnings ofbetween $1.55 and $1.70 per share for the year on revenued of between $1.8 billion and $1.9 billion.
Previously, it had projectef a profit of between $1.70 and $1.90 per Analysts, meanwhile, had projected earnings of $1.71 per sharre and sales of $1.94 billion. Cook also given the tough economy, Donaldsonj may have to make toits “business plans and cost structure as necessary.” Donaldson reportedr its results after market close.
Sunday, September 19, 2010
Eddie Bauer parent faces financial crisis - Puget Sound Business Journal (Seattle):
http://elhosseiny.com/article/The-Best-Rural-Places-To-Live.html
The trouble stems from Spiegel's credit-card which it was previousl y ordered by government regulators to liquidatwby April, but which they have now been orderedr to liquidate immediately. Sales on its Spiegel, Eddide Bauer and Newport News storr cardsand major-brand credit cards account for 41 percenrt of total sales at Spiegel. Because the compangy is in default and unable to use its current bankcredigt line, the company has been funding its operation s in large part by selling securities backed by the receivables chargedd by its customers on its company-owned cards. Spiegel has sold six seriesw ofthese receivables-backed securities.
The compangy notified the SEC Tuesday that for the periocending Feb. 28, it will likely be out of compliance with the minimum performance requirements for the revolving debt on two of the This would force the companu to pay the amounts owedin full, using incoming credit-card payments to pay off the rather than using the money to fund operations. The payoutsz on those two series will trigger a chain reaction of compliancee problems with the remainingfour series, and all will be due in The total amount outstanding under the six series of securities is estimated at $2.2 Spiegel said.
Its only hope is to land a new bank line of credift or other form of financing that wouldf allow it to borrow new thefiling said. But as it'z already been trying to do just that for more than a Spiegel warned that it may be unable to obtain such In othercompany news, Spiegel filec its quarterly reports for the firsrt three quarters of 2002 this week. The documents were submittecd unaudited and without an opinion from a chiefinancial officer, as company CFO Jamesz Cannataro resigned in early February. The filingx show Spiegel had just $27 million in cash on hand as of 28, 2002, and $1.14 billion in current debt. Sales for the 39-weemk period were $1.54 billion, down from $1.
8t6 billion in the same period of thepriotr year. The company's net loss was nearl y $140 million, a sharp rise from the $19.5r million loss in the firs three quartersof 2001. The companyu did not disclose sales on itsindividuak divisions, noting for Eddie Bauer only that same-stord sales declined 13 percent in the thirc quarter. The value of the credit-carxd portfolio Spiegel is seeking to liquidate shrankfrom $419.i million in September 2001 to $267.23 million by September 2002. The company reports that the SEC begabn investigating the company inJanuary 2003.
The trouble stems from Spiegel's credit-card which it was previousl y ordered by government regulators to liquidatwby April, but which they have now been orderedr to liquidate immediately. Sales on its Spiegel, Eddide Bauer and Newport News storr cardsand major-brand credit cards account for 41 percenrt of total sales at Spiegel. Because the compangy is in default and unable to use its current bankcredigt line, the company has been funding its operation s in large part by selling securities backed by the receivables chargedd by its customers on its company-owned cards. Spiegel has sold six seriesw ofthese receivables-backed securities.
The compangy notified the SEC Tuesday that for the periocending Feb. 28, it will likely be out of compliance with the minimum performance requirements for the revolving debt on two of the This would force the companu to pay the amounts owedin full, using incoming credit-card payments to pay off the rather than using the money to fund operations. The payoutsz on those two series will trigger a chain reaction of compliancee problems with the remainingfour series, and all will be due in The total amount outstanding under the six series of securities is estimated at $2.2 Spiegel said.
Its only hope is to land a new bank line of credift or other form of financing that wouldf allow it to borrow new thefiling said. But as it'z already been trying to do just that for more than a Spiegel warned that it may be unable to obtain such In othercompany news, Spiegel filec its quarterly reports for the firsrt three quarters of 2002 this week. The documents were submittecd unaudited and without an opinion from a chiefinancial officer, as company CFO Jamesz Cannataro resigned in early February. The filingx show Spiegel had just $27 million in cash on hand as of 28, 2002, and $1.14 billion in current debt. Sales for the 39-weemk period were $1.54 billion, down from $1.
8t6 billion in the same period of thepriotr year. The company's net loss was nearl y $140 million, a sharp rise from the $19.5r million loss in the firs three quartersof 2001. The companyu did not disclose sales on itsindividuak divisions, noting for Eddie Bauer only that same-stord sales declined 13 percent in the thirc quarter. The value of the credit-carxd portfolio Spiegel is seeking to liquidate shrankfrom $419.i million in September 2001 to $267.23 million by September 2002. The company reports that the SEC begabn investigating the company inJanuary 2003.
Saturday, September 18, 2010
Anxiety Over New York Islamic Center Felt In Fargo - NPR
burwellmitubaes1369.blogspot.com
Anxiety Over New York Islamic Center Felt In Fargo NPR She doesn't hide her Muslim identity, but she does feel a growing sense of anxiety. A few hundred miles from Fargo, in the small town of Ross, ND, ... |
Thursday, September 16, 2010
French anti-doping boss to collaborate with probe - The Associated Press
dusinenezoqoc.blogspot.com
CBC.ca | French anti-doping boss to collaborate with probe The Associated Press PARIS รข€" The head of France's anti-doping agency is ready to collaborate fully with a US federal investigation into seven-time Tour de France champion Lance ... Rafael Nadal of Spain clinches No. 1 year-end ranking | Tennis |
Wednesday, September 15, 2010
Health care reform could prove costly for some businesses - bizjournals:
All You Want to Know About Vinyl Siding
But some business groups fear that this goal might not be achieved in the legislation now movinghthrough Congress. They’re afraid the bill beingy marked up this month by theSenate Health, Education, Labof and Pensions Committee won’tf do enough to control health care costs and that it will go too far in imposingg stiff new insurance requirements — including minimum coveragre levels — on employers.
They also worry that includingya government-run plan as an option in new insurancs exchanges would lead hospitals and doctorws to charge private insurers more for theid services to compensate for underpayments they woule receive from the public The has e-mailed its members, urgingv them to oppose the Senate HELP Committee’x bill, calling it “a dangerous James Gelfand, the chamber’as senior manager of health policy, said he is optimisti c that the Senate ultimately won’tg go along with a provision that calls for a government-appointed board to decide what level of benefitse must be included in insurancew plans.
If that provision is not changed, many employerz likely would face higher insurance costs because senatorw look atthe benefits-rich plan now offered to federalo employees as the “gold standard” for healtuh care reform, he said. Now is the time for businesseas to demand changes in the including striking a requirement for employers to provider insurance totheir workers, he Many small businesses simply can’t afford the chamber contends. “We need health Gelfand said. But if the bill isn’t fixed, “k don’t know how we could possiblt support it.
” Business groups are hoping the Senate Financw Committee will producelegislation that’ friendlier to employers. The prospect of health care reforn raising costs for small businessesis “ a legitimate fear,” said John CEO of Small Business Majority, an organization that believea employers should provide insurance to theidr workers. But if done health care reform would save small businesses he said.
A study commissioned by the organizatiomn found that businesses with fewer than 100 employeesw could save as muchas $855 billio in the next 10 years if healthg care reform is enacted, compared with what they wouldr pay for health insurance if the system isn’t The analysis, conducted by economist Jonathahn Gruber, assumes that Congresws will require all but the smallesyt firms to provide health insurance to theitr employees or pay a fee to the federall government, based on their size. It also assume that Congress will provide tax credits to small businesses to help them pay for thecoveragw — a provision that is included in the Senate HELP Committee’s bill.
“With a strongh credit, small businesses can be a big winnefr inthis reform,” Gruber Todd McCracken, president of the , said it is “nor yet clear” whether small businesses will be better off aftedr health care reform than they are now. Providingb tax credits or other subsidies to small businessews for insurance coveragecould “create all kinds of weird incentivexs and disincentives” for companies, he said.
Basing the subsidies on the size of abusiness isn’t a good solution becauser some small businesses — a law for example — can be quite profitable, he Focusing on low-wage businesses might not be fair eithefr because that encourages companies to pay low he said. “Whatever you subsidize, you get more of,” he
But some business groups fear that this goal might not be achieved in the legislation now movinghthrough Congress. They’re afraid the bill beingy marked up this month by theSenate Health, Education, Labof and Pensions Committee won’tf do enough to control health care costs and that it will go too far in imposingg stiff new insurance requirements — including minimum coveragre levels — on employers.
They also worry that includingya government-run plan as an option in new insurancs exchanges would lead hospitals and doctorws to charge private insurers more for theid services to compensate for underpayments they woule receive from the public The has e-mailed its members, urgingv them to oppose the Senate HELP Committee’x bill, calling it “a dangerous James Gelfand, the chamber’as senior manager of health policy, said he is optimisti c that the Senate ultimately won’tg go along with a provision that calls for a government-appointed board to decide what level of benefitse must be included in insurancew plans.
If that provision is not changed, many employerz likely would face higher insurance costs because senatorw look atthe benefits-rich plan now offered to federalo employees as the “gold standard” for healtuh care reform, he said. Now is the time for businesseas to demand changes in the including striking a requirement for employers to provider insurance totheir workers, he Many small businesses simply can’t afford the chamber contends. “We need health Gelfand said. But if the bill isn’t fixed, “k don’t know how we could possiblt support it.
” Business groups are hoping the Senate Financw Committee will producelegislation that’ friendlier to employers. The prospect of health care reforn raising costs for small businessesis “ a legitimate fear,” said John CEO of Small Business Majority, an organization that believea employers should provide insurance to theidr workers. But if done health care reform would save small businesses he said.
A study commissioned by the organizatiomn found that businesses with fewer than 100 employeesw could save as muchas $855 billio in the next 10 years if healthg care reform is enacted, compared with what they wouldr pay for health insurance if the system isn’t The analysis, conducted by economist Jonathahn Gruber, assumes that Congresws will require all but the smallesyt firms to provide health insurance to theitr employees or pay a fee to the federall government, based on their size. It also assume that Congress will provide tax credits to small businesses to help them pay for thecoveragw — a provision that is included in the Senate HELP Committee’s bill.
“With a strongh credit, small businesses can be a big winnefr inthis reform,” Gruber Todd McCracken, president of the , said it is “nor yet clear” whether small businesses will be better off aftedr health care reform than they are now. Providingb tax credits or other subsidies to small businessews for insurance coveragecould “create all kinds of weird incentivexs and disincentives” for companies, he said.
Basing the subsidies on the size of abusiness isn’t a good solution becauser some small businesses — a law for example — can be quite profitable, he Focusing on low-wage businesses might not be fair eithefr because that encourages companies to pay low he said. “Whatever you subsidize, you get more of,” he
Tuesday, September 14, 2010
After EPA rejection, it
bentlyoupapa1810.blogspot.com
Now, the has until March 25 to come up with a new and more costly plan tokeep Cincinnati’s aging sewersd from overflowing into local rivers and streams. The upgrades were ordered by a 2004 consentf decree that settled an EPA lawsuit alleginyg the sewer system violated the federal CleanbWater Act. The sewer district was hopinbg to userain gardens, green roofs and othere natural solutions to divert water from the The EPA instead has pushedr for construction of a 5.7-miled tunnel to temporarily store 160 million gallonas of sewage during heavy rain. The tunnelk and sewer connections to it would costnearl $1 billion. More than 500 smallef sewer upgrades also wouldbe built.
“Despitee more than 18 months of intensivd work on evaluatinggreeb infrastructure, defendants have been unable to make a credibl e case that there is a reasonable possibilitgy that green measures could eliminate or reducse the size of the Lower Mill Creek wrote Thomas Bramscher, an EPA section in a Nov. 25 letterf to MSD officials. Bramscher left some wigglr room for the MSD to use green solutions in areaws where sewer backups are less He also indicated EPA wouldr consider alternatives tothe tunnel, as long as they can be builg quickly and be proven effectivw at diverting sewage overflos that now impacts the Lower Mill Creek U.S. District Judge S.
Arthur Spiegel, who was briefed on the EPA’z findings Dec. 2, ordered all parties to come up with a compromise by May. How much will it cost? The EPA letter says a sewer plan that includezs the tunnel comesto $3.3 billion. But Marilyb Wall, a activist who has followede the issue for more than a thinks the final plan will include green solutions and cost lessthan $3 “Other cities have managed to do this, so I definitelyy think it’s doable,” she said. “We’ve been very frustraterd by all the Wethink it’s very important to get a finalized plan so we can move forwars on these projects.
”
Now, the has until March 25 to come up with a new and more costly plan tokeep Cincinnati’s aging sewersd from overflowing into local rivers and streams. The upgrades were ordered by a 2004 consentf decree that settled an EPA lawsuit alleginyg the sewer system violated the federal CleanbWater Act. The sewer district was hopinbg to userain gardens, green roofs and othere natural solutions to divert water from the The EPA instead has pushedr for construction of a 5.7-miled tunnel to temporarily store 160 million gallonas of sewage during heavy rain. The tunnelk and sewer connections to it would costnearl $1 billion. More than 500 smallef sewer upgrades also wouldbe built.
“Despitee more than 18 months of intensivd work on evaluatinggreeb infrastructure, defendants have been unable to make a credibl e case that there is a reasonable possibilitgy that green measures could eliminate or reducse the size of the Lower Mill Creek wrote Thomas Bramscher, an EPA section in a Nov. 25 letterf to MSD officials. Bramscher left some wigglr room for the MSD to use green solutions in areaws where sewer backups are less He also indicated EPA wouldr consider alternatives tothe tunnel, as long as they can be builg quickly and be proven effectivw at diverting sewage overflos that now impacts the Lower Mill Creek U.S. District Judge S.
Arthur Spiegel, who was briefed on the EPA’z findings Dec. 2, ordered all parties to come up with a compromise by May. How much will it cost? The EPA letter says a sewer plan that includezs the tunnel comesto $3.3 billion. But Marilyb Wall, a activist who has followede the issue for more than a thinks the final plan will include green solutions and cost lessthan $3 “Other cities have managed to do this, so I definitelyy think it’s doable,” she said. “We’ve been very frustraterd by all the Wethink it’s very important to get a finalized plan so we can move forwars on these projects.
”
Sunday, September 12, 2010
Hulk Hogan to get Married to Jennifer McDaniel ASAP! - Gather.com
nazariomuibepu1687.blogspot.com
Opposing Views | Hulk Hogan to get Married to Jennifer McDaniel ASAP! Gather.com Hulk Hogan married? Is this another wrestling story or the real deal? The Hulkster was just recently released from the hospital following a bad bout with ... Hulk Hogan to get Married to Jennifer McDaniel - Kat Von D and Jesse James Baby? Hulk Hogan And Jennifer McDaniel To Be Married ASAP Hulk Hogan's Post-Hospital To-Do List: Shave Legs, Get Married |
Saturday, September 11, 2010
Henry in the House: Nervous energy at an Obama news conference - CNN
http://www.sabuco.org/index.php?s=D&c=489
Washington Post | Henry in the House: Nervous energy at an Obama news conference CNN Washington (CNN) -- I'm always feeling this burst of nervous energy when I walk into the spectacular East Room for a presidential news conference. ... Guests for Sunday news shows The Two-Way - NPR's News Blog PRESS DIGEST - New York Times business news - Sept 10 |
Thursday, September 9, 2010
Focal Point finds success with health care projects - Business First of Louisville:
http://www.medicalhealthdir.com/authors/author-449.html
Focal Point Productions recentlyg completed a hospital orientation training videlo forits long-standing client, The 12-minutse training video is being used by the compangy to illustrate “the tenets of their ‘Service mission in their hospital locations throughou the nation,” according to a news release. The video will be release d in more than 30of Kindred’s marketds within a couple of weeks. Focal Point has nearlu completed its latest broadcast commercial forthe . The audiovisuaol production firm is working on the project with GrouoNine Marketing, the agency that manages the spine center’sx advertising account.
Focal Poin t has produced 15 commercialsfor Leatherman. “This has been a dreak partnership betweenFocal Point, Group Nine Marketing and the Nortonj Leatherman Spine Center over the past 10 years and has resultede in some of the best work to come out of our production company,” Doug Jefferson, owner of Focal Point said in the release. One of the Leathermajn spots featuresDeMarco Philips, a star basketballk player from Bardstown who becamde a Norton Leatherman Spine Center patient after suffering a serious neck
Focal Point Productions recentlyg completed a hospital orientation training videlo forits long-standing client, The 12-minutse training video is being used by the compangy to illustrate “the tenets of their ‘Service mission in their hospital locations throughou the nation,” according to a news release. The video will be release d in more than 30of Kindred’s marketds within a couple of weeks. Focal Point has nearlu completed its latest broadcast commercial forthe . The audiovisuaol production firm is working on the project with GrouoNine Marketing, the agency that manages the spine center’sx advertising account.
Focal Poin t has produced 15 commercialsfor Leatherman. “This has been a dreak partnership betweenFocal Point, Group Nine Marketing and the Nortonj Leatherman Spine Center over the past 10 years and has resultede in some of the best work to come out of our production company,” Doug Jefferson, owner of Focal Point said in the release. One of the Leathermajn spots featuresDeMarco Philips, a star basketballk player from Bardstown who becamde a Norton Leatherman Spine Center patient after suffering a serious neck
Wednesday, September 8, 2010
Investment group plans $50M project - Charlotte Business Journal:
http://thefreewebdirectory.info/authors/author-157.html
The Mooresville-based investment company says the $50 millionn project will create 150 jobs innorth Charlotte. According to a rezoning application filed with the city of the project calls for indoor andoutdoodr retail, a 150-room restaurants, offices, conference spacde and indoor and outdoor kartinvg and racing. Charlotte City Council will vote June 15 on theproposesd rezoning. If the application is approved, the site will be callec “Metrolina Speed and Sport Center.” The first phase of the projecgt is slated for completionin April.
“Our goal is to creatd an affordable family raciny and entertainment destination with an amateur sports focus and we believed Charlotte is the prime location for saysSimon Weber, president of Speedway Investment “We are committed to revitalizing the propertuy in a way that celebrateds Metrolina’s rich history, embraces greenn technology and attracts national and internationa sports competitions as well as tourism Wes Jones, president of of Charlotte has been named architecyt on the project. The Metrolin a Expo property totals more than 135 acred and includes parkingfor 20,000 vehicles.
The site is on Old Statesvillde Road in the Derita Speedway Investment Group was founded in 2008 for the specifi purpose of redeveloping the Metrolina site and creatinyg an amateursports destination.
The Mooresville-based investment company says the $50 millionn project will create 150 jobs innorth Charlotte. According to a rezoning application filed with the city of the project calls for indoor andoutdoodr retail, a 150-room restaurants, offices, conference spacde and indoor and outdoor kartinvg and racing. Charlotte City Council will vote June 15 on theproposesd rezoning. If the application is approved, the site will be callec “Metrolina Speed and Sport Center.” The first phase of the projecgt is slated for completionin April.
“Our goal is to creatd an affordable family raciny and entertainment destination with an amateur sports focus and we believed Charlotte is the prime location for saysSimon Weber, president of Speedway Investment “We are committed to revitalizing the propertuy in a way that celebrateds Metrolina’s rich history, embraces greenn technology and attracts national and internationa sports competitions as well as tourism Wes Jones, president of of Charlotte has been named architecyt on the project. The Metrolin a Expo property totals more than 135 acred and includes parkingfor 20,000 vehicles.
The site is on Old Statesvillde Road in the Derita Speedway Investment Group was founded in 2008 for the specifi purpose of redeveloping the Metrolina site and creatinyg an amateursports destination.
Monday, September 6, 2010
Peachtree Equity raises $60M for lending fund - Business First of Louisville:
http://www.axionova.ru/soedinenie_polimernykh_trub_v_samotechnykh_truboprovodakh.html
The fund, called Peachtree II is the second created by the privater equity firm since opening its doors in and one of the largestt fund closings in Atlant since the recession began inJanuary 2008. Peachtree Equity’x new fund, licensed as a small-business investment companuy bythe , will provide capital to companies that can’ty fully finance expansion or growthh projects through a bank, also known as mezzaninre lending. Given the continuedx instability of bank credit available to Peachtree Equity partner David Christopher said the fund will have no shortagsof deals.
“We think this is a good time from amarkety perspective,” said Christopher, one of the three partners at Peachtrew Equity. “This market is creating attractived opportunities.” The fund will lend at least $3 millionh to $10 million to small businesses, typically thoses with less than $100 million in annual revenuew andwith $2 million in The fund will focus on working with the existingb management of companies, looking to grow through organic processexs or outside acquisitions. The firm’s investments will continu to be in theniches manufacturing, health-care, business and financial services, and governmentg contractor sectors.
But with the opportunity comesxincreased competition. Mezzanine funds are one of the growing sectors ofprivatee equity, with several scattered throughout the city and the Christopher said despite the newfound popularity of mezzanine investment by local private equity firms, the firm isn’t afraifd of widespread local competition. “We’ll co-invest with other firms and the other mezz playersout there,” he said. “We don’tt see them as necessarily direcft competition.” The $60 million raised is the first closing ofthe fund.
Christopher said the fund is ultimatelgy projected toraise $75 milliom to $100 million by year’as end with additional investor commitments. The new fund is smalletr than Peachtree Equity’s first fund, which raisefd $110 million and ultimately investecd in 17 companies based primarilh inthe Southeast. The company does not discuss publicl the investment performance ofits funds. Peachtre e Equity was created in 2002, when the executivesw who began ’s private equityt investment business in 1997 left to form theitr ownlocal firm. Since then, two of the founders have left for othe local private equity which Christopher said was a challenge fundraising for theseconx time.
Despite the departures, the firm is expandinh with thesecond offering. Peachtreew Equity also hired private equity veterajn Wendell Reilly as ageneral partner. Reilly previouslyu founded andoversaw LLC, a venture capital-backed group of television stations, and now serves as the managing partner of , a private equity firm focuseed on media industry Christopher said the firm is also looking to hire two more juniort executives, and one analyst to work with the new fund and manag e the current stable of portfolio investments.
Christopher said he expect the second fund to ultimatelh close 12 to 15 investment dealzs overthe four-year life of the fund, with a preferenc for Southeastern or local deals.
The fund, called Peachtree II is the second created by the privater equity firm since opening its doors in and one of the largestt fund closings in Atlant since the recession began inJanuary 2008. Peachtree Equity’x new fund, licensed as a small-business investment companuy bythe , will provide capital to companies that can’ty fully finance expansion or growthh projects through a bank, also known as mezzaninre lending. Given the continuedx instability of bank credit available to Peachtree Equity partner David Christopher said the fund will have no shortagsof deals.
“We think this is a good time from amarkety perspective,” said Christopher, one of the three partners at Peachtrew Equity. “This market is creating attractived opportunities.” The fund will lend at least $3 millionh to $10 million to small businesses, typically thoses with less than $100 million in annual revenuew andwith $2 million in The fund will focus on working with the existingb management of companies, looking to grow through organic processexs or outside acquisitions. The firm’s investments will continu to be in theniches manufacturing, health-care, business and financial services, and governmentg contractor sectors.
But with the opportunity comesxincreased competition. Mezzanine funds are one of the growing sectors ofprivatee equity, with several scattered throughout the city and the Christopher said despite the newfound popularity of mezzanine investment by local private equity firms, the firm isn’t afraifd of widespread local competition. “We’ll co-invest with other firms and the other mezz playersout there,” he said. “We don’tt see them as necessarily direcft competition.” The $60 million raised is the first closing ofthe fund.
Christopher said the fund is ultimatelgy projected toraise $75 milliom to $100 million by year’as end with additional investor commitments. The new fund is smalletr than Peachtree Equity’s first fund, which raisefd $110 million and ultimately investecd in 17 companies based primarilh inthe Southeast. The company does not discuss publicl the investment performance ofits funds. Peachtre e Equity was created in 2002, when the executivesw who began ’s private equityt investment business in 1997 left to form theitr ownlocal firm. Since then, two of the founders have left for othe local private equity which Christopher said was a challenge fundraising for theseconx time.
Despite the departures, the firm is expandinh with thesecond offering. Peachtreew Equity also hired private equity veterajn Wendell Reilly as ageneral partner. Reilly previouslyu founded andoversaw LLC, a venture capital-backed group of television stations, and now serves as the managing partner of , a private equity firm focuseed on media industry Christopher said the firm is also looking to hire two more juniort executives, and one analyst to work with the new fund and manag e the current stable of portfolio investments.
Christopher said he expect the second fund to ultimatelh close 12 to 15 investment dealzs overthe four-year life of the fund, with a preferenc for Southeastern or local deals.
Sunday, September 5, 2010
International Baccalaureate program helping raise expectations at Woodrow ... - Dallas Morning News
http://studenica.org/accomplishments_se.html
Dallas Morning News | International Baccalaureate program helping raise expectations at Woodrow ... Dallas Morning News Their objective was to get the girls into the International Baccalaureate program, a rigorous curriculum with a global perspective. ... |
Friday, September 3, 2010
NCR a huge technology win - South Florida Business Journal:
http://decormaster.vox.com/
The region’s marketers plan to leverage the NCR relocation to sell Atlanta as a burgeoningtechnology hub, winning new corporatd converts and continuing the virtuous “Brand names are very important to the identity of a city and to its culturak profile,” said Sam Williams, president of the . “Whenj you begin to get brand nameslike , , Deltaz ... NCR — these brand names start to tell a messages about what yourcity is.” While a world-classa airport, “smart” workforce and low business costs help Atlanta’se economic developers get corporate prospects to take their having brand names like NCR and Corp. in the region helpsd close the deal.
The fact NCR picked Atlantsa from anationwide search, “says it better than anythinfg we can say,” said Melanie a business development manager at the . The Brandt said, signals NCR is confident it can recruift tech professionals from around the world to metrpo Atlantaand “know that they are goingv to be comfortable ... livingt and working and playing and raising a family Metro Atlantais “almost always” on the shorgt list for tech companies looking to relocate or expand on the East Coast, said Vicki Horton, a locatioj consultant involved with Porsche’s Northj America headquarters relocation to Atlanta.
Whil metro Atlanta is unlikely to be confusedx withtech meccas, such as Silicon Valley or Silicobn Alley, its relatively low cost of living, infrastructure and industry clusters keep it in the crosshairws of corporate site selectors. “You don’t have to be the fastesrt gazelle, you just have to be at the front ofthe [herd],” said Kris Miller, president of Ackerman Co., a commercial real estate servicezs firm. The NCR deal is an economix development blockbuster. The maker of ATMs and self-servic kiosks will relocate its global headquartersw toDuluth — bringinv about 1,250 jobs, Atlanta Business Chronicle first reportesd June 1.
NCR also plans to open a manufacturingt operationin Columbus, Ga., whered it will employ nearly 900. As a companhy that straddles both technologyand NCR’s relocation can be used to pitch to advanceds manufacturing companies, sources The NCR win will help open said Ken Stewart, commissioner of the Georgia Departmenyt of Economic Development. “Companies that we go and sell to know that NCR has done its duediligencr [on the region as a headquartere site],” Stewart said. Luring a blue-chip firm such as NCR also giveas economic developers a chance to markety the region to supplierdsand vendors, said Horton, principal at LLC.
“Once you have an NCR, or an Horton said, their support firmsd and vendors tend to gravitatee to the regionbecause “thet like to be closer to the big NCR is the latesy tech company to be sold on metro Atlanta. On May 22, Atlanta Business Chronicle reportedr that BlackBerry developer plans to create about200 high-techy jobs at an Alpharetta data center and developmeny operation. On May 11, Atlanta-based said it woulfd add more than600 jobs. These sources said, are driven by the region’s highlg educated workforce, research universities and technologybusiness cluster. Clusterws offer validation, Ackerman’s Millefr said.
“It’s kind of like double-checking your work in he quipped. “If everybody in the class gets 21 asan there’s good chance 21’sa right.” Metro Atlanta’s demographic leans toward the “young and restless” educated 20- to 35-year-oldw — that tech firms rely on to maintain vibrant and innovative workplace cultures. NCR views the city’s academifc institutions, such as Georgia Tech, not only as a labort pool to fish from, but a partnerd for joint innovation and NCR CEO BillNuti said. The region’s relativeluy robust economy, its supply-chain logisticds infrastructure and itscorporated base, also lured NCR.
“We looked at all of theswe factors,” Nuti said, “and Georgia scorede amongst the highest ofall
The region’s marketers plan to leverage the NCR relocation to sell Atlanta as a burgeoningtechnology hub, winning new corporatd converts and continuing the virtuous “Brand names are very important to the identity of a city and to its culturak profile,” said Sam Williams, president of the . “Whenj you begin to get brand nameslike , , Deltaz ... NCR — these brand names start to tell a messages about what yourcity is.” While a world-classa airport, “smart” workforce and low business costs help Atlanta’se economic developers get corporate prospects to take their having brand names like NCR and Corp. in the region helpsd close the deal.
The fact NCR picked Atlantsa from anationwide search, “says it better than anythinfg we can say,” said Melanie a business development manager at the . The Brandt said, signals NCR is confident it can recruift tech professionals from around the world to metrpo Atlantaand “know that they are goingv to be comfortable ... livingt and working and playing and raising a family Metro Atlantais “almost always” on the shorgt list for tech companies looking to relocate or expand on the East Coast, said Vicki Horton, a locatioj consultant involved with Porsche’s Northj America headquarters relocation to Atlanta.
Whil metro Atlanta is unlikely to be confusedx withtech meccas, such as Silicon Valley or Silicobn Alley, its relatively low cost of living, infrastructure and industry clusters keep it in the crosshairws of corporate site selectors. “You don’t have to be the fastesrt gazelle, you just have to be at the front ofthe [herd],” said Kris Miller, president of Ackerman Co., a commercial real estate servicezs firm. The NCR deal is an economix development blockbuster. The maker of ATMs and self-servic kiosks will relocate its global headquartersw toDuluth — bringinv about 1,250 jobs, Atlanta Business Chronicle first reportesd June 1.
NCR also plans to open a manufacturingt operationin Columbus, Ga., whered it will employ nearly 900. As a companhy that straddles both technologyand NCR’s relocation can be used to pitch to advanceds manufacturing companies, sources The NCR win will help open said Ken Stewart, commissioner of the Georgia Departmenyt of Economic Development. “Companies that we go and sell to know that NCR has done its duediligencr [on the region as a headquartere site],” Stewart said. Luring a blue-chip firm such as NCR also giveas economic developers a chance to markety the region to supplierdsand vendors, said Horton, principal at LLC.
“Once you have an NCR, or an Horton said, their support firmsd and vendors tend to gravitatee to the regionbecause “thet like to be closer to the big NCR is the latesy tech company to be sold on metro Atlanta. On May 22, Atlanta Business Chronicle reportedr that BlackBerry developer plans to create about200 high-techy jobs at an Alpharetta data center and developmeny operation. On May 11, Atlanta-based said it woulfd add more than600 jobs. These sources said, are driven by the region’s highlg educated workforce, research universities and technologybusiness cluster. Clusterws offer validation, Ackerman’s Millefr said.
“It’s kind of like double-checking your work in he quipped. “If everybody in the class gets 21 asan there’s good chance 21’sa right.” Metro Atlanta’s demographic leans toward the “young and restless” educated 20- to 35-year-oldw — that tech firms rely on to maintain vibrant and innovative workplace cultures. NCR views the city’s academifc institutions, such as Georgia Tech, not only as a labort pool to fish from, but a partnerd for joint innovation and NCR CEO BillNuti said. The region’s relativeluy robust economy, its supply-chain logisticds infrastructure and itscorporated base, also lured NCR.
“We looked at all of theswe factors,” Nuti said, “and Georgia scorede amongst the highest ofall
Wednesday, September 1, 2010
Uncertainty is certain: Unpredictable fuel costs mean companies plan for the worst - Kansas City Business Journal:
http://3gpaintball.com/Paintball-Guns/Bob-Long-Paintball-Guns/
"You just can't plan for said Mateer, operations manager for , a company that suppliez fuel for aircraft at the Executive Airporr inJohnson County. "You just nevere know." Mateer buys more than 500,000 gallonss of fuel each But when it comes to predicting how much that will cost in the year to Mateer said he takesa worst-cased scenario and goes from there. Fuel prices changwe almost every week. Unpredictable weather, international increasing demand from the United States and limited refining capacity and fluctuating supplies all can affecytfuel prices. Trying to determine how those factorsw will change and interact for an entirs year is a guessing gameat best.
Most companiezs resolve to budget an additional 10 percentr more than their totap average fuel costs for the previous That 10 percent accounts for uncertainty and the generalp upward trend of crude oil which will averagearound $70 a barrel in 2007, according to the federao government's . Global demand for oil is expectedf to increasefrom 1.2 million barrels a day in 2006 to 1.7 milliojn barrels a day in primarily because of increased demanfd from the United States and China, accordingg to the EIA's Short-Term Energy Outlook, published in That demand will be slightly offseyt by new projects in the Caspian region, Africa and Brazil, which are expected to add aboug 0.
9 million barrels a day of new production in 2007. However, the outlookj said prices will remain tight because the globak capacity for surplus oil production is Mateer said he monitors fuel pricesevery day. If prices he tries to fill the company's storage tanke as soon as possible. If prices decrease, he waits. In eithetr situation, the cost of fuel is passed on toaircraft users. Many companies pass along increaseds costs. Trucking companies and privat shuttle services have implemented surcharges to make up for greater fuel prices.
Based on a percentage of tota lfuel costs, these additional charges temped the volatility of the fuel market and allow companiess to base their annual fuel budget on the number of gallons they plan to use, whic h is often more predictable than the price of Limousine and airport shuttle services at charge clients 3 percenrt to 10 percent of the total cost of fuel when gasolinr costs $2.40 a gallon or more, CEO Bill George said. But even with the company feels the effect ofincreasedd prices. "None of it compensates fully for what we pay additionallygin gas," he said. "I t helps, but none of it gets it back to Trucking companies, such as in St.
also use surcharges on contracted shipments. Increased fuel costs affecgt Mid-Cities most during "deadhead" mileas -- miles used to drive the truck from a finishecd shipment to anew one. Thos costs can't be recovered through a surcharger because there is no clientto bill, CEO Bob Whetsello said. Rather than budget for fuel for anentirwe year, Whetsell said his staff meets every Monday morning to revie the five different companies that supply Mid-Citiew with fuel. Then they go with the lowest one, he "It's something that is ongoing," he "You budget high, and if you hit it, and if not, you have a savings.
" though, Whetsell said he has consideredanother option: In the uncertain fuel hedging allows companies to buy fuel in bulk and guards against price increases. It also allowe the company to set a solid But hedging is a gamble because fuel pricexs may drop below the original purchase A company thatbought 100,000 gallons of unleaded gasoline in mid-August at the nationall average of $2.997 would have spenty about $40,000 more than the same amount of fuel woulx have cost in mid-September. Most small companieas can't afford to take that Whetsell said.
That's why Mid-Cities nevetr considered it until fuel priced increased substantially this With pricestemporarily dropping, though, the company doesn't plan to hedge anytime "It's a gamble, and that's why it's on the back he said. "If (prices) stary going up again, we'll get back togethee and reconsider hedging." Tom Kretsinger Jr., COO of in said the company hedged fuel one time severakl years ago and lost money on the Heprefers stable, long-termm strategies that improve truck fuel efficiencyg and limit deadhead miles, he said. ACT uses a computer prograk to determine the cheapest fuel routed forits drivers.
The company also uses auxiliar ypower units, which are cheaper than burnin g fuel, to heat and cool trucks duringg idle time, he said. Additionally, some companies may try to temperr costs bybuying "wet" fuel that is delivered to the company's storages tanks and "paper" fuel, whichn is placed on the New York Mercantile said Bryan Beaver, CEO of in Overlan d Park. Wet fuel is more accessible for use, but paper fuel doesn'tt need to be shipped or There is no secrert or definite way to budget forfuel prices, Beaver As a fuel marketet that buys fuel from refineries and sells it to gas stationss throughout the Midwest, CarterEnergy passes on the cost of pricew increases.
But determining what will influenceprices isn'ty as complex as most people make it out to be, Beavetr said. What drives prices more than anythinf else is simple supplyand demand, he said. "Whaft you find if you delve down into the price is thatthere isn't anything sexy about it," he said. "It's a very fundamentalk nuts-and-bolts industry."
"You just can't plan for said Mateer, operations manager for , a company that suppliez fuel for aircraft at the Executive Airporr inJohnson County. "You just nevere know." Mateer buys more than 500,000 gallonss of fuel each But when it comes to predicting how much that will cost in the year to Mateer said he takesa worst-cased scenario and goes from there. Fuel prices changwe almost every week. Unpredictable weather, international increasing demand from the United States and limited refining capacity and fluctuating supplies all can affecytfuel prices. Trying to determine how those factorsw will change and interact for an entirs year is a guessing gameat best.
Most companiezs resolve to budget an additional 10 percentr more than their totap average fuel costs for the previous That 10 percent accounts for uncertainty and the generalp upward trend of crude oil which will averagearound $70 a barrel in 2007, according to the federao government's . Global demand for oil is expectedf to increasefrom 1.2 million barrels a day in 2006 to 1.7 milliojn barrels a day in primarily because of increased demanfd from the United States and China, accordingg to the EIA's Short-Term Energy Outlook, published in That demand will be slightly offseyt by new projects in the Caspian region, Africa and Brazil, which are expected to add aboug 0.
9 million barrels a day of new production in 2007. However, the outlookj said prices will remain tight because the globak capacity for surplus oil production is Mateer said he monitors fuel pricesevery day. If prices he tries to fill the company's storage tanke as soon as possible. If prices decrease, he waits. In eithetr situation, the cost of fuel is passed on toaircraft users. Many companies pass along increaseds costs. Trucking companies and privat shuttle services have implemented surcharges to make up for greater fuel prices.
Based on a percentage of tota lfuel costs, these additional charges temped the volatility of the fuel market and allow companiess to base their annual fuel budget on the number of gallons they plan to use, whic h is often more predictable than the price of Limousine and airport shuttle services at charge clients 3 percenrt to 10 percent of the total cost of fuel when gasolinr costs $2.40 a gallon or more, CEO Bill George said. But even with the company feels the effect ofincreasedd prices. "None of it compensates fully for what we pay additionallygin gas," he said. "I t helps, but none of it gets it back to Trucking companies, such as in St.
also use surcharges on contracted shipments. Increased fuel costs affecgt Mid-Cities most during "deadhead" mileas -- miles used to drive the truck from a finishecd shipment to anew one. Thos costs can't be recovered through a surcharger because there is no clientto bill, CEO Bob Whetsello said. Rather than budget for fuel for anentirwe year, Whetsell said his staff meets every Monday morning to revie the five different companies that supply Mid-Citiew with fuel. Then they go with the lowest one, he "It's something that is ongoing," he "You budget high, and if you hit it, and if not, you have a savings.
" though, Whetsell said he has consideredanother option: In the uncertain fuel hedging allows companies to buy fuel in bulk and guards against price increases. It also allowe the company to set a solid But hedging is a gamble because fuel pricexs may drop below the original purchase A company thatbought 100,000 gallons of unleaded gasoline in mid-August at the nationall average of $2.997 would have spenty about $40,000 more than the same amount of fuel woulx have cost in mid-September. Most small companieas can't afford to take that Whetsell said.
That's why Mid-Cities nevetr considered it until fuel priced increased substantially this With pricestemporarily dropping, though, the company doesn't plan to hedge anytime "It's a gamble, and that's why it's on the back he said. "If (prices) stary going up again, we'll get back togethee and reconsider hedging." Tom Kretsinger Jr., COO of in said the company hedged fuel one time severakl years ago and lost money on the Heprefers stable, long-termm strategies that improve truck fuel efficiencyg and limit deadhead miles, he said. ACT uses a computer prograk to determine the cheapest fuel routed forits drivers.
The company also uses auxiliar ypower units, which are cheaper than burnin g fuel, to heat and cool trucks duringg idle time, he said. Additionally, some companies may try to temperr costs bybuying "wet" fuel that is delivered to the company's storages tanks and "paper" fuel, whichn is placed on the New York Mercantile said Bryan Beaver, CEO of in Overlan d Park. Wet fuel is more accessible for use, but paper fuel doesn'tt need to be shipped or There is no secrert or definite way to budget forfuel prices, Beaver As a fuel marketet that buys fuel from refineries and sells it to gas stationss throughout the Midwest, CarterEnergy passes on the cost of pricew increases.
But determining what will influenceprices isn'ty as complex as most people make it out to be, Beavetr said. What drives prices more than anythinf else is simple supplyand demand, he said. "Whaft you find if you delve down into the price is thatthere isn't anything sexy about it," he said. "It's a very fundamentalk nuts-and-bolts industry."
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