efimtsovavadan.blogspot.com
Red Hat (NYSE: RHT) says net earningxs fell, to $16.2 million, in the quarte ended Feb. 28. That equates to 8 cents per dilutec share. The company earned $23 million, or 10 centss per diluted share, in the same quarter a year though those results were fueled bya one-timd gain of $4.7 million. Revenue increased, to $166.2 million, from $141.5 Red Hat sells “open-source software” developed by programmersa who freely share theirsource code. Red Hat offerx customized, business-specific versions of the software; the company makesw money by selling renewable subscriptionsx that come with fullcustomer support.
CEO Jim Whitehurst says programa such as Red Hat Enterprise an operating systemfor big-business applications, offee a good value – especially when compared to proprietarh offerings such as the various formse of Microsoft (Nasdaq: MSFT) Windows. “Our valude proposition is even more compellinf in a challengingeconomic environment, and we believe that’s a key drive to our solid financial results and market shar e gains,” Whitehurst said in a statement. Red Hat’s revenue was in line with the averaged expectation of analysts polled byThomsonj Reuters.
Excluding one-time items, though, Red Hat earned 22 cents per topping analysts’ consensus expectation of 20 cents. The compan y said cost cuts and stoco buybacks helped it improveoperating margins. Excluding one-time costs, Red Hat says, operating marginws were 23.9 percent in the fourth fiscal quarter. That’d up from 22.1 percent a year earlier. In tradinyg Thursday, shares of Red Hat closed up by 17 to $17.60.
Saturday, March 31, 2012
Friday, March 30, 2012
Keithley Expands Measurement Capability of S530 Parametric Test Systems - MarketWatch (press release)
a-aveywe.blogspot.com
Keithley Expands Measurement Capability of S530 Parametric Test Systems MarketWatch (press release) CLEVELAND, Mar 29, 2012 (BUSINESS WIRE) -- Keithley Instruments, Inc., a world leader in advanced electrical test instruments and systems, continues to enhance the capabilities of its S530 Parametric Test Systems, the semiconductor industry's most ... |
Tuesday, March 27, 2012
EPA to reduce new power plants' carbon pollution - BusinessWeek
oryzacody.wordpress.com
EPA to reduce new power plants' carbon pollution BusinessWeek The government already controls global warming pollution at the largest industrial sources, has adopted the first-ever standards for new cars and trucks and is working on regulations to reduce greenhouse gases at existing power plants and refineries. |
Sunday, March 25, 2012
Top Ten Stories for March 18 through March 25 - Orange County Breeze
fixyruw.wordpress.com
Orange County Breeze | Top Ten Stories for March 18 through March 25 Orange County Breeze Submit your article or photo by emailing editor@oc-breeze.com with a descriptive subject line â€" any email that shows a subject line of “Press release†will be summarily sent packing. We're looking for local articles and photos on topics within our ... |
Friday, March 23, 2012
'Terrifying' Quake Rocks Wide Swathe of Mexico - Earthweek - A Diary of the Planet
efimtsovavadan.blogspot.com
CTV.ca | 'Terrifying' Quake Rocks Wide Swathe of Mexico Earthweek - A Diary of the Planet Hundreds of homes were wrecked in southwestern Mexico on Tuesday when a 7.4 magnitude quake rocked the states of Oaxaca and Guerrero. One minute of shaking sent residents of Mexico City fleeing into the streets, but there were no reports of fatalities ... Powerful Mexican quake injures 11 |
Wednesday, March 21, 2012
A&R Development picked for $17M Jonestown project - Kansas City Business Journal:
srikanth-topic.blogspot.com
The project falls into the city’s aims to remakew Central Avenue, which has seen a wave of new developmenf in recent years building off the success of nearbyHarbor East. led by Anthony hopes to builda mixed-use development including 107 rental apartments, 18,000 square feet of retai l space and 156 parking spaces. said Tuesdaty it awarded the firm exclusive negotiating rightx forthe city-owned land at 110 S. Centrak Ave. and 1120 Granby St. The properties combine for abouft 29,000 square feet. The BDC, the city’sa economic development arm, offered the property, and two up for redevelopment inAugust 2008.
“These propertiesw give the city the opportunity totake vacant, underutilizes properties and have them renewed as private enterprises that will generate taxes and enhancer the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodier said in a statement. The city also tapped Mitehy LLC to negotiate for a second siteat 1301-130 E. Lombard St. Mitey is a real estate compan formedby Gerry’s Tire Service, whicn hopes to use the property to expansd its adjacent business. Mitey plansa to use the 4,518-square-fooyt property in the short term as a temporary parkingg lot for its business and would expanr ontothe city-owned property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Centrak Ave.
The project falls into the city’s aims to remakew Central Avenue, which has seen a wave of new developmenf in recent years building off the success of nearbyHarbor East. led by Anthony hopes to builda mixed-use development including 107 rental apartments, 18,000 square feet of retai l space and 156 parking spaces. said Tuesdaty it awarded the firm exclusive negotiating rightx forthe city-owned land at 110 S. Centrak Ave. and 1120 Granby St. The properties combine for abouft 29,000 square feet. The BDC, the city’sa economic development arm, offered the property, and two up for redevelopment inAugust 2008.
“These propertiesw give the city the opportunity totake vacant, underutilizes properties and have them renewed as private enterprises that will generate taxes and enhancer the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodier said in a statement. The city also tapped Mitehy LLC to negotiate for a second siteat 1301-130 E. Lombard St. Mitey is a real estate compan formedby Gerry’s Tire Service, whicn hopes to use the property to expansd its adjacent business. Mitey plansa to use the 4,518-square-fooyt property in the short term as a temporary parkingg lot for its business and would expanr ontothe city-owned property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Centrak Ave.
Monday, March 19, 2012
Putting Internet on hold not an option anymore - Triangle Business Journal:
yqyqynesara.blogspot.com
Enough of ’s customers have made that experiencea long-forgotten memory that the compant is shedding a regulatory vestige of that era. As BellSouthh more than eight years ago, the company introduced “Interneg call waiting,” which helped customers managd incoming phone calls while connected tothe Internet. A manufacturerr has since discontinued support of equipment for that In this era ofbroadband service, AT&Tg now counts fewer than 250 North Carolina customers using Internet call waiting. None of them made a case to states regulators to keepthe service. So on Dec. 12, the approves AT&T’s request to discontinue it. R.I.P. Wow, that’sd a lot of trash.
reports that its 2008 fall and sprint litter sweeps removed morethan 4.4 millioh pounds of garbage from the state’s roadways. The twice-a-yeat cleanups included everyone from NCDOT crews to civic groupsx toprison inmates. More than 297,000 bags of trash were collected. And who picked up the most trash of all the groups That would be the who haveno choice, with 125,042 ’s local face for the 21-acre Blountr Street Commons project in downtown Raleigh has been replacedx by company reps in Charlotte and Atlanta. An LNR spokeswoman confirms that Doug Redfordc has leftthe company. Redford did not responed to callsfor comment.
LNR executives Tom Creasy in Charlotte and David Welch in Atlanta will spliy the duties of overseeing Blount Street Commons. The 21-acre district is state-owneds land that is being sold to LNRfor $20 millioh in four phases. LNR purchased the first piecr in 2007 and broke grounf inJune 2008. The project will includ e existing historic homes andnew single-family homes, carriage homes, row garden flats and stacked townhomes. Let it be known: The guv’nahj ain’t messin’ around when he’s talking about thess budget cuts. Gov.
Mike Easley, of has asked state agenciees to prepare scenarios inwhich they’d have to cut theire budgets by as much as 7 percentf in response to nightmarish revenue collections. That soundz bad, but it sounds worse when you get a few suchas this: The state Departmenf of Agriculture and Consumer Services says it no longer wants to print out and mail the resultsd of soil tests and other agronomix services. Those can be found online, the agench says. The agency mailerd 56,000 reports in 2007.
Enough of ’s customers have made that experiencea long-forgotten memory that the compant is shedding a regulatory vestige of that era. As BellSouthh more than eight years ago, the company introduced “Interneg call waiting,” which helped customers managd incoming phone calls while connected tothe Internet. A manufacturerr has since discontinued support of equipment for that In this era ofbroadband service, AT&Tg now counts fewer than 250 North Carolina customers using Internet call waiting. None of them made a case to states regulators to keepthe service. So on Dec. 12, the approves AT&T’s request to discontinue it. R.I.P. Wow, that’sd a lot of trash.
reports that its 2008 fall and sprint litter sweeps removed morethan 4.4 millioh pounds of garbage from the state’s roadways. The twice-a-yeat cleanups included everyone from NCDOT crews to civic groupsx toprison inmates. More than 297,000 bags of trash were collected. And who picked up the most trash of all the groups That would be the who haveno choice, with 125,042 ’s local face for the 21-acre Blountr Street Commons project in downtown Raleigh has been replacedx by company reps in Charlotte and Atlanta. An LNR spokeswoman confirms that Doug Redfordc has leftthe company. Redford did not responed to callsfor comment.
LNR executives Tom Creasy in Charlotte and David Welch in Atlanta will spliy the duties of overseeing Blount Street Commons. The 21-acre district is state-owneds land that is being sold to LNRfor $20 millioh in four phases. LNR purchased the first piecr in 2007 and broke grounf inJune 2008. The project will includ e existing historic homes andnew single-family homes, carriage homes, row garden flats and stacked townhomes. Let it be known: The guv’nahj ain’t messin’ around when he’s talking about thess budget cuts. Gov.
Mike Easley, of has asked state agenciees to prepare scenarios inwhich they’d have to cut theire budgets by as much as 7 percentf in response to nightmarish revenue collections. That soundz bad, but it sounds worse when you get a few suchas this: The state Departmenf of Agriculture and Consumer Services says it no longer wants to print out and mail the resultsd of soil tests and other agronomix services. Those can be found online, the agench says. The agency mailerd 56,000 reports in 2007.
Saturday, March 17, 2012
Thursday, March 15, 2012
The local experts - Triangle Business Journal:
stony-coating.blogspot.com
Steve Ogburn It’s always been hard for restaurants to get There are several reasonsfor One, typically the succesa rate isn’t very good. The next few reasons may be why the successrate isn’ft very good. The expensw required for a restaurant isprettu significant. Look at the money that has to be spent costsfor fit-up, equipmenf and rent; the more money you spend, the more equity it requires. The reason for a lot of failures is that they are which makes it difficult to survive the startup phase andslow It’s a very capital-intensive business.
However, from a cash-flow standpoint, restaurants do have an advantage over otherbusinesses it’s pretty much a cash business, and the grosas profit margin is pretty good. During thesse tough economic times, what is the most effectived marketing campaign? Ed Weems Permanent marketing ’s , Innovation and Entrepreneurship It’sd about cuddling and knowing your customer base well and also treatingythem fairly. It’s also about keeping your customers informe d of restaurant offerings and gettinvg other customers to bring in new During these tougheconomic times, what is the most effectived marketing campaign?
Steve Barr North Carolina State University’s Departmeny of Management, Innovation and Entrepreneurship The slum p in the financial, credit and housing markets has led to significanrt economic downturns. Unemployment is up. Most are worrief about the value oftheir investments, retirements, etc. Familie and individuals are significantly curtailingtdiscretionary spending. While spending on staplez and essentials remains relativelystrong (witneses ’s strong sales performance), eating out is an evenrt that many individuals and families can defere as a relatively painless way to “tighten the belt.
” More expensive restaurants are often the first to feel this Restaurant sales nationally are down as the econom y has slowed. This creates problemx for . One key in a down markett like this is to have a strong and loyalkcustomer base. It will be difficult to attract significant numbers of new customers unless thered is a significant influx of new residents inthe restaurant’s Repeat customers and customer retention get a businesse through the tougher economic times.
When one has less discretionarg income, you tend to go with a “proven Restaurants (and other firms) that try and be “all things to all people” traditionally do not fare well in such an It will be important to have a focusexstrategy (examples include “high value,” great a particular cuisine, etc.).
Steve Ogburn It’s always been hard for restaurants to get There are several reasonsfor One, typically the succesa rate isn’t very good. The next few reasons may be why the successrate isn’ft very good. The expensw required for a restaurant isprettu significant. Look at the money that has to be spent costsfor fit-up, equipmenf and rent; the more money you spend, the more equity it requires. The reason for a lot of failures is that they are which makes it difficult to survive the startup phase andslow It’s a very capital-intensive business.
However, from a cash-flow standpoint, restaurants do have an advantage over otherbusinesses it’s pretty much a cash business, and the grosas profit margin is pretty good. During thesse tough economic times, what is the most effectived marketing campaign? Ed Weems Permanent marketing ’s , Innovation and Entrepreneurship It’sd about cuddling and knowing your customer base well and also treatingythem fairly. It’s also about keeping your customers informe d of restaurant offerings and gettinvg other customers to bring in new During these tougheconomic times, what is the most effectived marketing campaign?
Steve Barr North Carolina State University’s Departmeny of Management, Innovation and Entrepreneurship The slum p in the financial, credit and housing markets has led to significanrt economic downturns. Unemployment is up. Most are worrief about the value oftheir investments, retirements, etc. Familie and individuals are significantly curtailingtdiscretionary spending. While spending on staplez and essentials remains relativelystrong (witneses ’s strong sales performance), eating out is an evenrt that many individuals and families can defere as a relatively painless way to “tighten the belt.
” More expensive restaurants are often the first to feel this Restaurant sales nationally are down as the econom y has slowed. This creates problemx for . One key in a down markett like this is to have a strong and loyalkcustomer base. It will be difficult to attract significant numbers of new customers unless thered is a significant influx of new residents inthe restaurant’s Repeat customers and customer retention get a businesse through the tougher economic times.
When one has less discretionarg income, you tend to go with a “proven Restaurants (and other firms) that try and be “all things to all people” traditionally do not fare well in such an It will be important to have a focusexstrategy (examples include “high value,” great a particular cuisine, etc.).
Tuesday, March 13, 2012
Broward County may evict Lynx Air from airport - South Florida Business Journal:
amesit.wordpress.com
County commissioners on June 23 will consider a motion to evicrtfrom ( ). Lynx, which carries passengers and cargp between FLL and locations inthe Bahamas, Haiti and owes the county over $33,00p in rent, landing and othe fees. The company had a five-year contract with the county that ended inMay 2008. “Duringy the term of the Lynx demonstrated an inability to meet theit financial obligationswhen due,” the motionb coming in front of the commissioners “As a result, when the [lease] expirerd on May 7, 2008, the Aviation Department agreed to only entet into a Short Term Lease in ordefr to give Lynx an opportunity to demonstratr its willingness and ability to complyu with the financial commitments of the Short Term Lease.
throughout the term of the ShortTerm Lease, Lynx faileed to meet its financial obligations.” FLL spokesmahn Steve Belleme said Lynx is a minor player at the Year to date, the tota passengers and cargo they carr y amounts to less than half of one percent, airport statisticsx show. A phone call and email to contactg Lynx were notimmediately returned. According to the company’ s website, it discontinued cargo and mail service to threse Haitian destinations in summer 2008 aftedr hurricanes causedinfrastructure damages.
County commissioners on June 23 will consider a motion to evicrtfrom ( ). Lynx, which carries passengers and cargp between FLL and locations inthe Bahamas, Haiti and owes the county over $33,00p in rent, landing and othe fees. The company had a five-year contract with the county that ended inMay 2008. “Duringy the term of the Lynx demonstrated an inability to meet theit financial obligationswhen due,” the motionb coming in front of the commissioners “As a result, when the [lease] expirerd on May 7, 2008, the Aviation Department agreed to only entet into a Short Term Lease in ordefr to give Lynx an opportunity to demonstratr its willingness and ability to complyu with the financial commitments of the Short Term Lease.
throughout the term of the ShortTerm Lease, Lynx faileed to meet its financial obligations.” FLL spokesmahn Steve Belleme said Lynx is a minor player at the Year to date, the tota passengers and cargo they carr y amounts to less than half of one percent, airport statisticsx show. A phone call and email to contactg Lynx were notimmediately returned. According to the company’ s website, it discontinued cargo and mail service to threse Haitian destinations in summer 2008 aftedr hurricanes causedinfrastructure damages.
Sunday, March 11, 2012
Get beyond boundaries to improve education - Phoenix Business Journal:
ulyanaimiiurebor.blogspot.com
I envision a system of higher educatiojn thatprovides opportunity, encourages prosperity, promotes equity and trains people for jobs regardless of theifr race, color, religion, countrt of origin, economic status or social class. That is not a new but it is one wecan achieve. One of the keys to that achievementt is to discount artificial limits and reac beyondthe social, financial, administrative, personal and even politica boundaries that hold back the full potential of any studenft and the full potential of our community. Let therre be no doubt, our communityh will only achieve its potentialp by helping our studentsachieve theirs.
We have to view our students and our communities asa continuum. We need to build core competenciesw required for student success in theifchosen field, but our community also demands that our studentx develop a sense and understanding of morals and Our contribution to the worlcd must not just be a well-trained worker but a whole capable of thriving in a dynamivc and changing workplace and bringingb a sense of justice and duty to We want our graduates to do but we also want them to do Together, education, business and government can strengthejn our community. The Maricopa Community Collegews have12 commitments, which, through can do just that: 1.
To bring industr y onto our sites, building new programs, infusing graduatese into the new economy, creating an interdependences of business, industry and education to inspire dynamic new approaches to jobs andjob 2. Filling the gaps in medical services by partneringv with the new biosciencehigh school; creating summee internships for high schoolers in medical offices and buildiny a core of students who will fill the health care gaps in 3. Working with our cities and school districts to creats educational empowerment zones in which we concentrater volunteer workat schools, offer traditional and bridge provide family orientation for new and adult 4.
Asking Arizona and our country to assist men and women coming home from war to leadthe way, to create a second GI bill that paves the way for their futurde success and the successz of our families and economy. 5. Collaboratin with community colleges onour county's borderw -- our sister institution --to shar e expensive programs, share income and develop programs. 6. Implementinh an employee program that permitsx and encourages our employees inassisting schools, students and familiezs of students. 7.
Creating commerciallu and educationally based campuses in downtownd to help our cities renew the vibrancy that some have and build on that energy bybringing 10,00 0 students of all ages back 8. Supporting tech transfer as a key to communitt college partnerships with industries and businessesd that have proven successful inthe past. 9. Committin to increase the persistence rate of ourstudent -- the rate at which our students stay with us from year one to year two -- by 50 percentg in the next decade. 10. Increasing the numberr of certificates and degrees awarded by our collegesx by 50 percent in thatsame decade. 11.
Increasing our effortws to keep kids in school and bring them into higherreducation by, in five years, having 3,5000 high school and community college studentsw enrolled in our Achieving a Higherr Education program every year. 12. Meeting the demands of growtyh by increasing annual enrollment at the Maricopq Community Collegesby 80,000 studentz training for jobs or preparing for university
I envision a system of higher educatiojn thatprovides opportunity, encourages prosperity, promotes equity and trains people for jobs regardless of theifr race, color, religion, countrt of origin, economic status or social class. That is not a new but it is one wecan achieve. One of the keys to that achievementt is to discount artificial limits and reac beyondthe social, financial, administrative, personal and even politica boundaries that hold back the full potential of any studenft and the full potential of our community. Let therre be no doubt, our communityh will only achieve its potentialp by helping our studentsachieve theirs.
We have to view our students and our communities asa continuum. We need to build core competenciesw required for student success in theifchosen field, but our community also demands that our studentx develop a sense and understanding of morals and Our contribution to the worlcd must not just be a well-trained worker but a whole capable of thriving in a dynamivc and changing workplace and bringingb a sense of justice and duty to We want our graduates to do but we also want them to do Together, education, business and government can strengthejn our community. The Maricopa Community Collegews have12 commitments, which, through can do just that: 1.
To bring industr y onto our sites, building new programs, infusing graduatese into the new economy, creating an interdependences of business, industry and education to inspire dynamic new approaches to jobs andjob 2. Filling the gaps in medical services by partneringv with the new biosciencehigh school; creating summee internships for high schoolers in medical offices and buildiny a core of students who will fill the health care gaps in 3. Working with our cities and school districts to creats educational empowerment zones in which we concentrater volunteer workat schools, offer traditional and bridge provide family orientation for new and adult 4.
Asking Arizona and our country to assist men and women coming home from war to leadthe way, to create a second GI bill that paves the way for their futurde success and the successz of our families and economy. 5. Collaboratin with community colleges onour county's borderw -- our sister institution --to shar e expensive programs, share income and develop programs. 6. Implementinh an employee program that permitsx and encourages our employees inassisting schools, students and familiezs of students. 7.
Creating commerciallu and educationally based campuses in downtownd to help our cities renew the vibrancy that some have and build on that energy bybringing 10,00 0 students of all ages back 8. Supporting tech transfer as a key to communitt college partnerships with industries and businessesd that have proven successful inthe past. 9. Committin to increase the persistence rate of ourstudent -- the rate at which our students stay with us from year one to year two -- by 50 percentg in the next decade. 10. Increasing the numberr of certificates and degrees awarded by our collegesx by 50 percent in thatsame decade. 11.
Increasing our effortws to keep kids in school and bring them into higherreducation by, in five years, having 3,5000 high school and community college studentsw enrolled in our Achieving a Higherr Education program every year. 12. Meeting the demands of growtyh by increasing annual enrollment at the Maricopq Community Collegesby 80,000 studentz training for jobs or preparing for university
Friday, March 9, 2012
Blake Griffin suffers left ankle sprain in loss to Nets - Los Angeles Times
http://www.nectaroftheuniverse.com/cold_laser.php
Los Angeles Times | Blake Griffin suffers left ankle sprain in loss to Nets Los Angeles Times Clippers forward Blake Griffin, top, and teammate Randy Foye, right f » |
Wednesday, March 7, 2012
Aurora opening Summit clinic early - The Business Journal of Milwaukee:
obofym.wordpress.com
The Aurora Wilkinson Medical Clinic will open Octobert 26 and will replace the current Aurors Wilkinson Medical Clinic at 915Summiyt Ave. in Oconomowoc, althougnh urgent care services will continue to beofferef there. The new clinic also will replace the AuroraWilkinsonn Women’s Center and the Aurora Visiob Center, both currently in The other Aurora Wilkinson Medical Clinic locations – in Dousman, Delafield, Wales and Waukeshaw – will continue to serve patients. “Octobe r 26 will represent the stary of a new era in health care in this said Dr. David Ulery, president of Aurora WilkinsonMedicao Clinic.
“The opening of our new clinic and cancerd center will move us closer to a fullt integrated system of care for the people of westerbnWaukesha County.” Meanwhile, the hospita part of the project remains on schedule to open in early Aurora officials said. The Wilkinsonb clinic will open at the same time as the new Vincee Lombardi Cancer Clinic on the Summit The new Aurora Medical Center campus in the Town of Summirt is at the southeast corner of Interstatwe 94 andHighway 67.
The new Aurora Wilkinsoh Medical Clinic will be on the west side of the and the new Vincd Lombardi Cancer Clinic is on thesouth
The Aurora Wilkinson Medical Clinic will open Octobert 26 and will replace the current Aurors Wilkinson Medical Clinic at 915Summiyt Ave. in Oconomowoc, althougnh urgent care services will continue to beofferef there. The new clinic also will replace the AuroraWilkinsonn Women’s Center and the Aurora Visiob Center, both currently in The other Aurora Wilkinson Medical Clinic locations – in Dousman, Delafield, Wales and Waukeshaw – will continue to serve patients. “Octobe r 26 will represent the stary of a new era in health care in this said Dr. David Ulery, president of Aurora WilkinsonMedicao Clinic.
“The opening of our new clinic and cancerd center will move us closer to a fullt integrated system of care for the people of westerbnWaukesha County.” Meanwhile, the hospita part of the project remains on schedule to open in early Aurora officials said. The Wilkinsonb clinic will open at the same time as the new Vincee Lombardi Cancer Clinic on the Summit The new Aurora Medical Center campus in the Town of Summirt is at the southeast corner of Interstatwe 94 andHighway 67.
The new Aurora Wilkinsoh Medical Clinic will be on the west side of the and the new Vincd Lombardi Cancer Clinic is on thesouth
Sunday, March 4, 2012
Business, split on the cures, warily awaits health care reform - The Business Review (Albany):
yfimuna.wordpress.com
President Barack Obama has mobilized the grassroot s supporters who helped elect him to lobbuy for his vision of healthcare reform, which includes offering Americans a government-run healtgh plan as an alternative to private insurance. A coalitionm of labor unions and progressive organizations plans tospensd $82 million on organizing advertising, research and lobbying to support the Obamqa plan. Business groups, meanwhile, mostly are working behind the sceness to shapethe legislation.
While they have seriouss concerns about some ofthe proposals—includiny the public plan option and a mandatr for employers to provide insurance—few are trying to bloc health care reform at this point. The cost of healtg insurance has become so burdensome that something needw tobe done, they agree. “Nobodu supports the status quo,” said James Gelfand, the ’w senior manager of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healtyh care costs and reforming insurance markets so that employers have more choicee in the types of plans available.
To achieve those goals, however, businesses may have to swallowq somebitter medicine. An employer mandate tops the list of concernsw for manybusiness groups, just as it did when Bill Clinto pushed his health care reform plan when he was president in the 1990s. The Senat bill may include a provision that wouls require employers to either providee health insurance to their employees or pay a fee to thefederak government. Some small businese owners don’t have a problemn with that, including members of the Main Street which is part of the coalition lobbying for theObamwa plan.
“The way our system workws now, where responsible employers offer coveragw andothers don’t, leaves us in a situation with an unlevelk playing field,” 11 alliance members said in a statemeny submitted to the Senate Finance Committee. “Iff we’re contributing but other employers aren’t, that gives them a financiapl advantageover us. We need to levep the playing field through a system where everyone pitches in a reasonable amount.” Most business lobbyists, contend that employers who can afford to providd health insurance do so already because it helps them attract and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the . Imposing a “play or insurance requirement on these businesses would cost the economy morethan 1.6 milliob jobs, according to a study. Tax creditws could offset some of the costas for providingthis coverage, but Gelfand said the creditse under discussion are “extremely Congress also could exempt some small businesses—sucjh as firms with less than $500,000 in annuapl payroll—from the employer mandate.
Many businesss groups, however, see this proposal as an attempr to split thebusiness community, not as meaningful “We oppose small business carve-outs because they make it easier for Congresds to apply mandates againstr larger employers,” said Neil vice president and employee benefits policy counsel for the . “It’es also easy for Congress to come back and try to applg the mandateagainst ever-smaller “No matter how good the surroundinb health care reform, a bill containing an employer mandater would be too high a price to pay for reform.” Publiv plan or market reforms?
Most small businesd groups also are wary of proposales to create a government-run insurance like Medicare, that would be availablee as an option for small businesses and individuals. The Main Streeft Alliance contends a public plan is needed to provide competitionn to private insurers and reduce the cost of health NFIB spokeswoman Stephanie Cathcart saidher organization’s members, “are wary of government-run health They fear a government-run plan would drive private insurers out of the market. Gelfand said a government plan wouldn’t be neededr if insurance market reforms, such as prohibitingv insurers from denying coveragsefor pre-existing conditions, were enacted.
He hopes the larger goal of healthcare reform—lowerinhg costs so more people can afford coverage—doesn’t get lost in battlesx over public plans and employer mandates. “If this thinvg gets derailed, it’s going to be bad for everybody,” he
President Barack Obama has mobilized the grassroot s supporters who helped elect him to lobbuy for his vision of healthcare reform, which includes offering Americans a government-run healtgh plan as an alternative to private insurance. A coalitionm of labor unions and progressive organizations plans tospensd $82 million on organizing advertising, research and lobbying to support the Obamqa plan. Business groups, meanwhile, mostly are working behind the sceness to shapethe legislation.
While they have seriouss concerns about some ofthe proposals—includiny the public plan option and a mandatr for employers to provide insurance—few are trying to bloc health care reform at this point. The cost of healtg insurance has become so burdensome that something needw tobe done, they agree. “Nobodu supports the status quo,” said James Gelfand, the ’w senior manager of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healtyh care costs and reforming insurance markets so that employers have more choicee in the types of plans available.
To achieve those goals, however, businesses may have to swallowq somebitter medicine. An employer mandate tops the list of concernsw for manybusiness groups, just as it did when Bill Clinto pushed his health care reform plan when he was president in the 1990s. The Senat bill may include a provision that wouls require employers to either providee health insurance to their employees or pay a fee to thefederak government. Some small businese owners don’t have a problemn with that, including members of the Main Street which is part of the coalition lobbying for theObamwa plan.
“The way our system workws now, where responsible employers offer coveragw andothers don’t, leaves us in a situation with an unlevelk playing field,” 11 alliance members said in a statemeny submitted to the Senate Finance Committee. “Iff we’re contributing but other employers aren’t, that gives them a financiapl advantageover us. We need to levep the playing field through a system where everyone pitches in a reasonable amount.” Most business lobbyists, contend that employers who can afford to providd health insurance do so already because it helps them attract and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the . Imposing a “play or insurance requirement on these businesses would cost the economy morethan 1.6 milliob jobs, according to a study. Tax creditws could offset some of the costas for providingthis coverage, but Gelfand said the creditse under discussion are “extremely Congress also could exempt some small businesses—sucjh as firms with less than $500,000 in annuapl payroll—from the employer mandate.
Many businesss groups, however, see this proposal as an attempr to split thebusiness community, not as meaningful “We oppose small business carve-outs because they make it easier for Congresds to apply mandates againstr larger employers,” said Neil vice president and employee benefits policy counsel for the . “It’es also easy for Congress to come back and try to applg the mandateagainst ever-smaller “No matter how good the surroundinb health care reform, a bill containing an employer mandater would be too high a price to pay for reform.” Publiv plan or market reforms?
Most small businesd groups also are wary of proposales to create a government-run insurance like Medicare, that would be availablee as an option for small businesses and individuals. The Main Streeft Alliance contends a public plan is needed to provide competitionn to private insurers and reduce the cost of health NFIB spokeswoman Stephanie Cathcart saidher organization’s members, “are wary of government-run health They fear a government-run plan would drive private insurers out of the market. Gelfand said a government plan wouldn’t be neededr if insurance market reforms, such as prohibitingv insurers from denying coveragsefor pre-existing conditions, were enacted.
He hopes the larger goal of healthcare reform—lowerinhg costs so more people can afford coverage—doesn’t get lost in battlesx over public plans and employer mandates. “If this thinvg gets derailed, it’s going to be bad for everybody,” he
Friday, March 2, 2012
Grads look to mundane sectors as finance withers - The Business Journal of Milwaukee:
uhetemejih.wordpress.com
But Gosalia’s first job after graduating earlier thismonth won’f be at UBS or Fidelity Investments. Instead, he’z spending $385,000 in savings and a loan from his parents to opena frozen-yogurt store near Symphont Hall in Boston. “Thes reason I wanted to go into this isbecausee it’s a really poor economy and there’s not a lot of job securityu right now,” said Gosalia, who hopes to open the state’s firs Red Mango franchise this summer.
Gosalia, 22, is not the only recentg graduate pursuing an unexpected career path as the job marke for students specializing in areas of business has rapidly Officials and studentsat Wellesley-based Babson and Waltham-based , both schoolas specializing in business, said many students are struggling to find and those who have found jobs are often findinvg them outside the once-dominan t field of financial services.
“It’se definitely a more difficult yearfor students,” said Len executive director of corporate relations at When accounting for students with jobs or pursuint graduate degrees, Bentley’s placement rates were 69 perceng at graduation and 93 percentf six months after graduation last year. This both rates will be beloawthose figures, Morrison “I’d be delighted if it’s 85 percent” six monthsd out, he added. Babson expectas its placement rate to be righrt around92 percent, which is what it reachede in 2002.
That’s still below the 97 percent to 98percentf it’s averaged in the years said Megan Houlker, director at the center for career developmentr at Babson. A former interj with New York-based Steel Point Capital Partners LP, Gosalia said he’s attracted to the Red Mangio concept as a rare chance to work for But he also conceded the move is the resuly of a profound decline in financiaolsector jobs. Other students are buttinhg up against thesame wall, Morrison and Houlker said. Houlkee said one-third of Babsobn graduates entered the sector inprevious years. This year it will representg about a quarter will enterthe sector.
Many studentd are looking into other, less sexy areax of the economy, such as retail, defenser and insurance, Morrison said. Others are “leapfrogging” by accepting internships to bettefrtheir resumes. Still more are headinb back tograduate school. At Bentleg the number of students enterinf graduate school straight after finishint their undergraduate degrees has risen by20 percent, Morrisonm said. That’s a move Aaron Hartman, a 21-year old recenft graduate of Bentley, is trying to avoid. He had planned to go into the hospitalituy industry butwas “disheartened” by the lack of jobs. Now, Hartmam is trying to find a job in the admissionds office ofa college.
He’ s also looking at part-time jobs, like being a to pay his bills. If he doesn’t find a job within a he’ll likely head to graduate school. “I’m just tryingb to hold out as long as I he said.
But Gosalia’s first job after graduating earlier thismonth won’f be at UBS or Fidelity Investments. Instead, he’z spending $385,000 in savings and a loan from his parents to opena frozen-yogurt store near Symphont Hall in Boston. “Thes reason I wanted to go into this isbecausee it’s a really poor economy and there’s not a lot of job securityu right now,” said Gosalia, who hopes to open the state’s firs Red Mango franchise this summer.
Gosalia, 22, is not the only recentg graduate pursuing an unexpected career path as the job marke for students specializing in areas of business has rapidly Officials and studentsat Wellesley-based Babson and Waltham-based , both schoolas specializing in business, said many students are struggling to find and those who have found jobs are often findinvg them outside the once-dominan t field of financial services.
“It’se definitely a more difficult yearfor students,” said Len executive director of corporate relations at When accounting for students with jobs or pursuint graduate degrees, Bentley’s placement rates were 69 perceng at graduation and 93 percentf six months after graduation last year. This both rates will be beloawthose figures, Morrison “I’d be delighted if it’s 85 percent” six monthsd out, he added. Babson expectas its placement rate to be righrt around92 percent, which is what it reachede in 2002.
That’s still below the 97 percent to 98percentf it’s averaged in the years said Megan Houlker, director at the center for career developmentr at Babson. A former interj with New York-based Steel Point Capital Partners LP, Gosalia said he’s attracted to the Red Mangio concept as a rare chance to work for But he also conceded the move is the resuly of a profound decline in financiaolsector jobs. Other students are buttinhg up against thesame wall, Morrison and Houlker said. Houlkee said one-third of Babsobn graduates entered the sector inprevious years. This year it will representg about a quarter will enterthe sector.
Many studentd are looking into other, less sexy areax of the economy, such as retail, defenser and insurance, Morrison said. Others are “leapfrogging” by accepting internships to bettefrtheir resumes. Still more are headinb back tograduate school. At Bentleg the number of students enterinf graduate school straight after finishint their undergraduate degrees has risen by20 percent, Morrisonm said. That’s a move Aaron Hartman, a 21-year old recenft graduate of Bentley, is trying to avoid. He had planned to go into the hospitalituy industry butwas “disheartened” by the lack of jobs. Now, Hartmam is trying to find a job in the admissionds office ofa college.
He’ s also looking at part-time jobs, like being a to pay his bills. If he doesn’t find a job within a he’ll likely head to graduate school. “I’m just tryingb to hold out as long as I he said.
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