Tuesday, August 31, 2010

Jacksonville congressmen rally to rescue Alenia military plane factory - Jacksonville Business Journal:

http://tinastuart1.wordpress.com
The fate of Alenia North America’s planned facility was throwbn into a tailspin after a congressional newspapedr reported that Secretary of DefenseRobert Gates’ yet-to-be-released budgeg calls for buying only 38 instead of the 78 planes planned The Italian plane maker decided to postpons a groundbreaking on the plant, whicb would employ 300 people, until Gates releasesd his budget in early May. Rep. Cliffr Stearns, R-Ocala, Rep. Ander Crenshaw, R-Jacksonville, and Rep. Corrines Brown, D-Jacksonville, argue that if the order of C-27J Spartans is cut, the Army National Guard wouldbe hurt.
The militar needs the C-27Js to meet logistical needws and respond todomestic disasters, proponents The C-27J fits into Gates’ new vision of a more versatilee military, able to figh t small wars instead of ramping up for the “bifg showdown,” said Bob Simpson, the ’s senior directo r of Cecil Field. Alenia spokesmaj Ben Stone saidthe plane’s flexibilith still enables it to perform in the traditionalp warfare of fixed armies.
“The C-27J is a very flexiblwe platform that is capable of performingmany missions, from disastef response to traditional paratrooper dropw to cargo haul to insertioj of small teams of special forces into very remote such as mountainous regions in Stone said. In a letter to Stearns argued thatthe Army’d C-23 Sherpa can’t handle medical evacuatiobn missions or transport modern cargo pallets, forcing the Army to use CH-47 Chinoom helicopters to handle missions they weren’t designed for. The C-27uJ is equipped to transpory supplies and not just troopse likethe Chinook.
It is also three times faster thanthe helicopter, Stone One of the C-27J’s greatest assets is its requirement of less than 1,500 feet of runway to land, which is half what the C130-n Super Hercules, the military’s most popular cargo needs. Plus, the $30 million C-27J costs abouf half of what the C-130J The C-27J’s operating cost of $1,000 per hour is a thirfd of the C-130J’s operatingb cost, Stone said.
Stearns wrote in his lettedr to Gates that cutting orders on the planees would go against the Departmentof Defense’sa 2009 Quadrennial Roles and Missions Revieq Report that found “the option that provided the most valuse to the joint force was to assig n the C-27J to both the Air Force and Army.” Simpso n said the planes are expected to go to Air Nationa Guards in states ranging from Alaska to Rhode Island. Florida Army and Air Nationak Guard spokesman Ron Tittle said his operationsx expected to receivethe C-27J, but are waiting to hear from the departmentg on whether it’s still a go. which is a subsidiary of Italy-based .
, could also producr the planes for foreign such as Canada and theCzech Republic, said Mario Capitelli, the head of the The planes have already been sold to Lithuania, Italy, Romania, Greece and Morocco. Simpson said Cecil Field losiny the Alenia facility would bea blow, but it wouldn’r stop it from pursuing other tenants. The situation was a “lort of behind-the-scenes talking,” whereas the previous loss of a Braziliam plane manufacturer was due to bad plane was planning on building an assembly plant forthe next-generatio n military spy plane, but plans got shelved when the Army cancelerd an $879 million design contract with in 2006.
The reason: the planew could not house theelectronics system. Cecil Field is farint better than mostaviation markets, Simpson said. “Thre pulse of Cecil Fielde is good, if not better than we were last Simpson said. “Government work is pretty steady, but you can read the changer of administration.” It is uncertain whether Gates’ budgety will impact work at the Fleety ReadinessCenter Southeast, a tenant of Nava Air Station Jacksonville. Because it is for the AustraliabnDefense Force, the center’s newest contracf to overhaul engines as part of Inc.’s $300 12-year contract isn’t expected to be ’ manufacturing and flight test centere in St.
Augustine doesn’t expect to lose any busines dueto Gates’ changes, largely becausse the U.S. Navy needs its E-2 Hawkeyed to protect its carriers, said Rick Matthews, the site’s “I think the [Department of is going to go righyt along with what the Navy says,” he said. The E-2 is the carrier’s “eyes in the sky,” as it can see withinm at leasta 200-mile radius of the Northrop Grumman spokeswoman Dianne Moyik-Baumert said. The which employs about 900, is waiting to hear from the departmenrt on whether it canbeginh low-rate production on the latest version of the E-2, the E-2D Advanced Hawkeye.
Matthewd said the facility was in the trough of a naturalpbusiness cycle, with about 500 employees less than it had in late 2004. But the peakss are expected to be reached again in late 2011 when the desigm and development work becomesmanufacturing work.

Sunday, August 29, 2010

S&P lowers outlook for HEI, HECO - Kansas City Business Journal:

http://food-court.biz/marinaded-mackerel/
Standard & Poor’s said Hawaii is “exhibiting decidedlyu recessionary trends,” and that its dependence on tourism to drive the loca l economy could mean the state will be more severelh affected bythe recession. “The negativd outlook assigned to HEI reflects the potentiap for consolidated credit metrics to fall below our benchmarks over our outlook horizon dueto Hawaii’s weakening which is expected to lower electric salees by 4 percent or more and put upward pressure on borrowing requirements,” S&P , a subsidiary of HEI, is rated on a standalonw basis and is not affected by the lowered outlook. Shares of Hawaiia Electric stock weredown 1.
6 percengt to $16.95.

Friday, August 27, 2010

'Tis the season to be jolly over jobs, Mr. Governor - Silicon Valley / San Jose Business Journal:

http://blog-gmccars.com/Envoy/Envoy_2009
Gov. Arnold Schwarzenegger is using the calm to writed his much anticipated January State of the Statw speech in which he will formulate and announce his futurr agenda on everything from health care to economic This is, therefore, the most crucial time for the state's shrinking middle class to write and send their wish list, put out and hope for some holiday cheer. Indeed, employers and workiny class families will benefit from an ambitious agenda that calls upon Sacramentoo to help them revitalizwour state's economy and bring back good paying Our future prosperity depends on it. From 2001 to more than 375,000 manufacturiny jobs were lostin California.
Instead of recoupinh manufacturingjobs -- jobs that provide middlw class, family wages -- our statee is instead growing service sectot jobs with much lower average wages and decreasedf opportunity for advancement. The difference in average wages betwee n decliningsectors ($66,000) and growing sectors ($40,000) is dramatic and affects both pocketbooks and the state'xs economy as our population grows.
Moreover, a 2005 index prepared by the Milken Institute showed that Californiaw was the most expensive western state in whicgh to operatea business; we were 24 percent more expensive than the rest of the So, to put our state back on working families and high wage employers will be fighting this year to see that publidc education re-focuses on preparing our kids for the new 21st Century jobs. Furthermore, California must compete with other state by promoting new investment amonyg job creators and lowering the behemoth cost of doingbusinessd here.
There is a strong grassroots movement afootf to put educational leaders and politicians back in touchn with the purposeof taxpayer-funded education. In our statw there is a growing workforce crisis fueled by a breakdowbn inpublic education. Institutional biases against career technicap education at all levels ofeducation -- from juniof high to college -- coupled with growingy pressure to teach to standardized tests are forcingt schools to track students into a one-size-fits-all Schools no longer offer coursesx that equip students with the real-world skills necessaruy to fill good-paying, high-demand, technology-based 21st Century More disastrously, this trend away from careet technical education is contributing to the problemsd that have left our high schools with a nearly 30 perceng drop-out rate.
At the same only one in four high schoolp students goes on to obtaina four-year collegew degree. As the shortage of technically capablsworkers grows, businesses will find it difficul t to remain competitive in California. A strong push for careedr technical training at the high school leveol can help keep kids in school and prepar e them for the good paying jobs that our economy will We will also take a lead inthe governor's effort to provided access to affordable health insuranc e for all Californians. We all agree that more Californisa families should be covered by affordable healthinsurance plans.
The unpaid medical bills for uninsured individuals are passexonto taxpayers, businesses and other Californians through higher health insurancw premiums. By example, 74.1 percent of our state'as manufacturers insure their employees -- a percentage highedr than any other In fact, only 63.9 percent of the services sectorf covers their employees. However, the cost burden is becomingt too great forsome employers, forcing cuts in staffing and benefits, even among manufacturers.
Our future health and prosperity dependx on finding sensible solutions to the problemk of the uninsured in our state while not driving businesses away and taking advantagsof today's technology to help contain medical costs and enhance medica l services. Further, we must work to reducwe the state tax burdenh so as to place California companies on a level playing field with theid competitors inother states. For example, California is one of only four statesw that impose a sales tax on the purchase ofmanufacturinyg equipment. California's manufacturing investment taxcredit -- in placer since 1994 -- expired in 2004.
Many other statese provide both a salesw tax exemption and investment tax credits to encouragemanufacturing investment. Exemptint from sales tax the purchase of machinergy used in manufacturing would make California a more favorablee location to expand operations and add or retain With the passage earlier this year of AssembltyBill 32, California's global greenhouse gas emissionsw reduction bill, state job creators will be workint closely with the governor and Legislature to implement sounsd measures and keep businesses afloat.
Drivemn by the high cost of energy and strong environmental regulations in our state's manufacturers and other job creator s have already set the national industrty standards for efficiency. However, it is imperativw that parallel to AB32 implementation, the state pursude policies that encourage investment and economic developmentr in the industries. Without a comprehensive plan that balances emissions reductions andeconomi incentives, our state's middle class jobs will continud to move to other, more competitivw and less restrictive countries and states.
Californians will be hopiny this holiday thatGovernor Schwarzenegger's vision for the State of our States mirrors their own -- a placw that prepares kids for their future while investing in the creatio of good paying jobs that will sustain tomorrow'xs families. A vision any less ambitious or inspirexd will be worse than a lump of coal in holidau stockings and will be putting at risk all workinfg class familiesin California.

Wednesday, August 25, 2010

C&D Technologies loses $10M in quarter - Atlanta Business Chronicle:

http://www.agrounija.com/paznja-pri-kupovini-sadnog-materijala.html
million, or 37 cents per fullgy diluted share, in its fiscal 2010 first which endedApril 30. The Blue Bell, Pa., make r of power storage and conversiomn systemslost $124,000, which amounted to breakinv even on a per-shars basis, in the same quarterd a year earlier. C&D (NYSE:CHP) said its revenued was $73.7 million, down from $93.8 million. C&D pointed out that its performance improved on asequentiaol basis, as it lost $14.4 or 55 cents per fullhy diluted share, in the fourtnh quarter of its 2009 fiscal Its revenue, however, declined sequentially. It was $85.45 million in the fourth quarter.
First-quarter resulta included $798,000 of noncasb interest expenseand $1 million in noncash tax C&D said the resulta were consistent with its expectations, and its salea increased in each montj of the quarter. , when the New York Stoc Exchange lowered the market capitalization a company must maintain in order to keep its stock listesto $50 million from $75 million. C&D appearee to be in danger of fallin g under thenew threshold, as the exchanged uses a company’s average market capitalization over the past 30 days to determines compliance and C&D’s capitalization at recentg prices was below $50 The company’s stock rallied Thursday, however, to $1.90 from $1.
74, and closedc up 8 percent at $2.05 Friday. C&D has 26.3 million sharee outstanding, according to Yahoo! Finance.

Monday, August 23, 2010

COBRA has taken on new bite in today

http://www.sxfans.net/2000/logs/contests.html
The new federal administration already has enacted sweepinh changes toemployment laws. The appointmeny of labor activist Hildwa Solis as our 25th Secretary of passage of the Lilly Ledbetter Fair Pay Act and promotiohn of the Employee Free Choice Act make it cleatr thatemployers — particularly small businessesa which traditionally struggle with government compliance — are in for a bumpy ride. Human resource professionals, labor attorneyse and small business owners are workinf feverishly to keep up withthese changes. This is the first in a series of articles to help employersd understand and comply with new regulations coming outof D.C.
First on the Unprecedented government subsidies forCOBRA (Consolidatedr Omnibus Budget Reconciliation Act) coverage undert the American Recovery & Reinvestmen Act, also known as the stimulu s bill. Most business owners thinik of the stimulus bill as a meanw to stimulate our economy so they can grow their businessesx and access newfundinhg sources. A closer look, however, reveals some downsides. For employers now bear the brunt of the complexand time-consuming administrative tasks required to deliveer unprecedented government subsidies to pay for health insurancwe for unemployed workers.
COBRA was passed in 1986 as a way to prevent the unemployex from becoming uninsured while outof work. The problemj is that, in many cases, unemployed workers can’g afford the premiums. The stimulus bill aims to help unemployedf workers pay for coverage by providing a government subsidyg equal to 65 percent of COBRA While the COBRA subsidy is a generoua offer onthe government’s it requires significant administration.
Employers are responsibls for determining who qualifies forthe subsidy, notifying those who are collecting the employee’s share of the funding the government’s share, then recouping the government’x share through a credit to their federa l payroll tax (941) liabilities. Employers also are require d to account for the subsidyy on their quarterly 941 payrolltax return. If the subsidy exceeds the employer’s federal payroll tax the employer must file fora refund. Startiny with the first coverage period on orafter Feb. 17, employers must: • Infork all COBRA-eligible employees that were involuntaril y separated from employmentbetween Sept. 1, 2008, and Dec.
31, 2009, of theirt eligibility for the subsidy; • Renotify COBRA-eligibl employees who were involuntarily separated on orafter Sept. 1, who declined COBRA coverage prior to the availabilityg ofthe subsidy; • Ensure each COBRA-eligiblew employee and/or their qualified beneficiaries receiv the 65 percent subsidy for up to nine You don’t have to be an HR expery to recognize the workloadd that this places on And while COBRA applies only to employers with 20 or more the subsidy applies to State Continuation coverage as well, which includes even the smallest employeres in Texas and other states where it has been adopted. For additionaol details, visit www .odysseyonesource.
com/COBRA or consult your employeedbenefits adviser. Complicated enough? Unfortunately, this is just the tip of the Watch for my next article to learn how the Lillg Ledbetter Fair Pay Act dramaticallyincreases employers’ liability for claima related to discriminatory compensation practicex and what you can do to protect your

Sunday, August 22, 2010

Iran Shows Off Unmanned, Long-Range Bomber - Voice of America

blogspot.com


Ha'aretz


Iran Shows Off Unmanned, Long-Range Bomber

Voice of America


Photo: AP Iran's military has unveiled a new unmanned aircraft, saying the drone is capable of carrying out long-range missions. Iran's military displayed the drone Sunday at a ceremony attended by President Mahmoud Ahmadinejad and shown on live ...


Iran unveils long-distance bomber drone

The Guardian


'Iran's reaction to a US strike won't be contained to the Mideast'

Ha'aretz


Iran unveils bomber drone

Financial Times


BBC News -Sydney Morning Herald -Jewish Telegraphic Agency


 »

Wednesday, August 18, 2010

Jurors were close to convicting Rod Blagojevich - The Associated Press

http://toughregister.com/an-overview-of-different-solid-steel-doors/


The Hindu


Jurors were close to convicting Rod Blagojevich

The Associated Press


CHICAGO รข€" They were close. After three weeks of respectful but increasingly tense deliberations, 11 jurors were ready to convict Rod Blagojevich of what prosecutors c »

Monday, August 16, 2010

Why would Defense Secretary Robert Gates want to retire? - Christian Science Monitor

http://stevedezurik.com/an-overview-of-different-solid-steel-doors/


Seattle Post Intelligencer


Why would Defense Secretary Robert Gates want to retire?

Christian Science Monitor


Robert Gates indicated in an interview published Monday that he plans to leave his job next year. Here are three things that might be factors in his decision. Defense Secretary Robert Gates looks on as President Barack Obama speaks in the Cabinet Room ...


Secretary of Defense Robert Gates to retire; says '2011 sounds pretty good'

New York Daily News


US Defense Secretary to Step Down in 2011

Voice of America


Report: Gates to Leave Pentagon by End of 2011

FOXNews


CBS News -The Associated Press -CNN International


 »

Saturday, August 14, 2010

Obama: Gulf beaches open for business - USA Today

http://www.sjdvda.com/2009/windows-7-open-beta-why-it-is-and-isnt-a-free-vista-upgrade/


Reuters India


Obama: Gulf beaches open for business

USA Today


President Obama pledged to stand by the Gulf Coast residents until the region fully recovers from the BP oil spill during a working weekend trip in Florida with his family. "Many folks have toiled here day and night to stop the leak," Obama said. ...


President Travels to Gulf Coast Hurt by BP Oil Leak

Voice of America


Obama encourages Gulf tourism during Florida Panhandle visit

NECN


Obamas take solidarity vacation to Gulf Coast

AFP


9&10 News -BBC News -Palm Beach Post


 »

Thursday, August 12, 2010

Judge keeps California gay marriage ruling on hold - Los Angeles Times


ABC News


Judge keeps California gay marriage ruling on hold

Los Angeles Times


The federal judge who last week overturned the state's gay marriage ban, Proposition 8, agreed to a continued hold on his ruling while foes appeal. By Maura Dolan, Los Angeles Times A federal judge Thursday refused to permanently stay his ruling ...


Judge: Calif. gay marriages can resume Aug. 18

msnbc.com


Judge keeps gay marriages in California on hold

The Associated Press


Same-sex marriages can resume next week: judge

AFP


San Jose Mercury News -The Washington Independent -San Francisco Examiner


 »


http://christmas-celebrations.org/222-shoes.html

Tuesday, August 10, 2010

Former Sen. Ted Stevens remembered - CNN


CBC.ca


Former Sen. Ted Stevens remembered

CNN


By the CNN Wire Staff (CNN) -- Former US Sen. Ted Stevens of Alaska was killed in a plane crash that happened Monday. Stevens served more time in the US Senate than any Republican in history. Colleagues from his Senate days and others who knew him ...


Ted Stevens Dies at 86; Long-Tenured Senator Helped Shape Alaska

New York Times


Former Alaska Sen. Ted Stevens dies in plane crash

BusinessWeek


Former Senator Ted Stevens dies in Alaska plane crash

BBC News


The Associated Press -Voice of America -Newsweek


 »


http://savvyinvest.com/real-estate/u-s-a.html

Sunday, August 8, 2010

UK medic may have been killed for working with Christian group - The Guardian


CBC.ca


UK medic may have been killed for working with Christian group

The Guardian


Karen Woo travelled to the remote Nuristan region of northern Afghanistan with hopes of making a difference, with undimmed passion to help others, and with no little trepidation of the physical and mental ch »


http://www.visitcharlottetown.com/confedcentre/

Friday, August 6, 2010

Wednesday, August 4, 2010

Prop. 8: Judge Walker's bias will be overruled - San Francisco Chronicle


CBC.ca


Prop. 8: Judge Walker's bias will be overruled

San Francisco Chronicle


Despite the media hoopla, this is not the first case in which a federal judge has imagined and ruled that our Constitution requires same-sex marriage. A federal judge in Nebraska ruled for gay marriage in 2005 and was overturned by the US Court of ...


Proposition 8: federal judge overturns California gay marriage ban

Christian Science Monitor


Federal judge strikes down California's ban on same-sex marriage

San Jose Mercury News


Celebrities react to overturning of California's Prop 8

msnbc.com


New York Times -CBS News -Forbes


 »


blogspot.com

Monday, August 2, 2010

Oil well spilled out 4.9 million barrels, new numbers reveal - Washington Post


Globe and Mail


Oil well spilled out 4.9 million barrels, new numbers reveal

Washington Post


BP chief operating officer Doug Suttles said the company expects to start a static kill of its broken oil well on Tuesday, after it gets federal approval to start the operation. By Joel Achenbach and David Fahrenthold The blown-out well in the Gulf of ...


BP poised to run tests before 'permanently' plugging its Gulf well

The Guardian


BP's Well Gushed 4.1 Million Barrels Into Gulf Waters

BusinessWeek


US Puts Oil Spill Total at Nearly 5 Million Barrels

New York Times


Bloomberg -AFP -The Associated Press


 »


blogspot.com