Thursday, March 31, 2011

Plunge in 10 ETFs triggers 'flash crash' memories - Reuters

http://jonathanduffy.net/CumbrianLakes.htm


Plunge in 10 ETFs triggers 'flash crash' memories

Reuters


NEW YORK, March 31 (Reuters) - Ten new exchange-traded funds suffered their own mini "flash crashes" just after the stock market opened on Thursday, suggesting recent measures put in place to protect against violent market moves may ...



and more »

Tuesday, March 29, 2011

Congress Extends Highway Funding Through September - Transport Topics Online

goldenayreyg1666.blogspot.com


Congress Extends Highway Funding Through September

Transport Topics Online


The extension for highway and related funding under the Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users, or SAFETEA-LU, runs through Sept. 30. The Senate's approval Thursday followed the House's approval of ...


Highway bill gets extension; now let's get a long-term solution

Fleet Owner (blog)


House Approves 7-Month Extension of Surface Transport Programs

ForConstructionPros.com


Obama Signs 7-Month Highway-Transit Extension

Engineering News Record (subscription)



 »

Monday, March 28, 2011

People on the Move: June 1 - Phoenix Business Journal:

vanbeekdulejos1771.blogspot.com
The in Vienna has hired Sandy Silverman to the positionhof principal; Derek Warr to the positionh of associate principal; and Thomas Westberg to the positiojn of director of businessa development. Also joining the firm’s interior design department is designer DanielCastro . Silverman’s primary responsibilitiea will be to further develolpthe firm’s practice in the sectorsz of mixed-use, high-rise residential, senio living and other commercial and institutional buildin g types. Silverman has over 35 years ofprofessionakl experience.
His notable recent projects includsethe 720-unit Metropolitan Park Phases II and III in the 312-unit in Montgomery County; and the Phoeni at Clarendon, a two-square block mixed-use developmentr that included 180 condo units, 40,000 squarw feet of office, a 20,000 square foot U.S. Post Officee distribution centerand 12,000 squares feet of retail. Warr’s primary responsibilities includer directing the production of architectural design and constructiom documents formajor mixed-use projects and multi-family high-risd buildings in the northeast USA.
His notablew recent projects includethe 164-unit, 18-stort Union Square luxury mixed-use tower in Queens; the plannec for Long Island and the $1 billiohn Concord Casino Hotel and Conventiob Center currently under constructioh in upstate New York. Westberg’s primary responsibilities will be to help Lessars Group deepen its reach into local markets and building typesa the firm currently designs as well as expandingthe firm’s practic e into broader regional and international markets and building sectors. Westberg has 17 yearzs of marketing and busineszs development experience inthe architecture/engineering industry. in D.C.
has hire d Ivailo “Ivo” Karadimov as a senior project With more than nine years of experiencee in commercial buildings andinterior design, Karadimov has builgt specialized knowledge of construction documents and administration, expertisr in quality assurance, code compliance and life Before joining GGA, Karadimov served as a projecr architect at Gensler. His notable project include Boeing, the , National Institute of and Lerner Enterprises. Jeffrey L. Sturchio , a longtimee leader at , has been namec president and CEO ofthe . 56, of Martinsville, N.J.
, succeeds Nils who stepped down in February after leadint the organization for a The council, created in 1972, is one of the world’w largest membership alliances dedicated to improving healtbh around the globe. Winston-Salem, N.C.-based has promoted Grangt Baird to assistantvice Baird, who joined the Manassass branch in 2006, is a business serviceas officer in BB&T’s Commercial Banking department. The Asheville, native earned his bachelor’s degree in financ and banking and international businesefrom .
Rockville-based , a hospitalitt procurement services company, named Jerry Kraisinger as its general Beforejoining Avendra, Kraisinger was the vice president of development and the general counsel of LLC. he had been the executivre vice president and general counsel of He beganj his career in the hospitality industry over 22 year ago as a lawyerin Marriott’s law department. Matt Felisx was named general manager of the in the West End Prior to hisnew role, Felix was generalo manager for the in Gaithersburg.
Felix will be responsibles for all hoteloperations including: 355 guesr rooms and suites, 10,800 square feet of evenf space, and two food & beverage outlets, including the Renaissance M Street’s signature Italian illy coffes shop and the stylish Mbar With nearly 20 years at Marriott, Feli x started his career as a salez trainee Danvers, Mass. Since then, he has held several senioer management positions in sales and revenue management and hotel operationxs at properties throughout the region including the by Marriott Pentagon City and MarriottInternational headquarters.
Vinifera Wine Bar & Bistro in Restoj has named Jason Meringolo general Meringolo will be in charge ofthe day-to-day operations in additio n to coordinating the wine menu with Vinifera’s American/Mediterranean Prior to joining Vinifera, Meringolo was director of caterin services at the . He has workefd as a sous chef and as a directot of food and beverage for a smal l Italian chainin Florida. He also held a variety of positionsa within the including the catering and conference serviced and was part of the Wine Festival team forseveral years. A groupl of five labor and employment and litigation attorneyzs has joined LLCfrom . They include Jeffreyu W. Larroca , F.
Joseph Nealon and Constantino s G. Panagopoulos ; and joininbg as associates areJennifer E. Lattimore and Willianm D. Ledoux Jr. Benjamin A. Powelp has joined WilmerHale’s D.C. office as partner in the regulatory and governmenr affairs department and member ofthe defense, national security and government contracts practice Powell will also be a member of the firm’s government and regulatory litigation group. Powell was most recentlhy general counsel at the Office of the Directorr ofNational Intelligence. He previouslyt served as special assistant to the President and associated WhiteHouse Counsel, corporate counsel at , and as a litigato at Kellogg, . LLP in D.C.
has hiref Francis T. “Tom” Coleman to the firm’z D.C. office as counsel in the labor andemploymengt group. Coleman’s practice will focus on labor, litigatiob and employment law. During his more than 40-yeafr career, Coleman has handled labof negotiations, NLRB proceedings, union organizing campaigns, mediatioh and arbitration, counseling on personnel and employmentr decisions, defending discrimination and sexual harassment charges beforeeadministrative agencies, employment litigation and wrongful discharge cases. Nicholasd I. Porritt and William E. Whitew have joined in D.C. as partners in the litigation practice.
Porrittf and White will advise clients on the full rangde of securitieslitigation issues, from governmengt investigations and enforcement actions to civill litigation. Porritt represents corporations and individuals in securitiea class actionsand (SEC) enforcement matterds and in related derivative shareholderf claims and M&A litigation. White represents investmentr banks, accounting firms, public companies and individualws in SEC enforcement and relatedcriminal investigations, internalp investigations and securities litigation.
Otherf recent hires include Brady Dugan from the antitrus t division ofthe , Reed Russell from the and John Sopki from the House Energy and Commerce

Saturday, March 26, 2011

CM reaches home after surgery in Delhi - Times of India

aleksanovlsys.blogspot.com


CM reaches home after surgery in Delhi

Times of India


Chief minister Tarun Gogoi, accompanied by his wife, arrived in the city on Friday afternoon from New Delhi where he had undergone a minor surgery to correct his pacemaker. Sources in the chief minister's office said he was fit. ...


Chief Minister Tarun Gogoi comfortably placed in Titabor

IBNLive.com


CM to campaign for one day in his! constituency

Assam Tribune


Unwell Gogoi to go slow for phase I

Hindustan Times


MorungExpress -MSN India


 »

Thursday, March 24, 2011

UnitedHealth settles with SEC over stock-options backdating charges - Minneapolis / St. Paul Business Journal:

http://portfoliocr.com/farms-rainforest/Cachi/
The SEC said it declined to charge the compan y with fraud or seek fine becauseof UnitedHealth’s “extraordinary cooperation in the commission’s as well as its extensive remedial The SEC said the Minnetonka-based insurer didn’t admit or deny allegationsx that it concealed more than $1 billio in stock option compensation between 1994 to 2005. In a separates settlement, UnitedHealth’s former general counsel David Lubben agreed to paya $575,000 penalty to the SEC and not serve as a corporatr officer or director for five years. Like his former Lubben is not admittin ordenying allegations.
In its suit, the SEC accused UnitedHealtbh of providing senior executived and other employeeswith “in-the-money” option s while secretly backdating the grants to avoic reporting the expenses to investors. “UnitedHealth engaged in a long-runninhg scheme to hide over a billioj dollars inexecutive compensation,” said Linda Chatman Thomsen, director of the SEC’sd Division of Enforcement. “By materially misstatingf these expenses for over a UnitedHealth breached its duty to shareholders to accurately report itsfinancial results.
” UnitedHealth said in a statement that it has “substantiall improved its governance, administrative processes and internap controls.” Last week, a federal judger in Minneapolis for UnitedHealth to pay $895 milliohn to settle a class-action shareholderd lawsuit related to the scandal. Formef CEO William McGuire is paying $30 millionb and former general counsel David Lubben ispaying $500,000 to settle with shareholders. In Decembed 2007, the commission announced a settlemenr with McGuire in which the formerf CEO agreed to paya $7 million fine and pay back UnitedHealtbh about $448 million.
But because much of the settlementf was instock options, which have since droppedr in value along with the overall stockl market, the Star Tribune reports that UnitedHealth may get as little as $168 million.

Tuesday, March 22, 2011

Baptist pioneering new Siemens technology - Wichita Business Journal:

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Designed to increase efficiency and decrease costs by honing inon workflow, Soariab system will be installed in the 10-hospitap Baptist system beginning "late 2002 or earlt 2003," according to Charles Jones, chied information officer at Baptist. Jones says the cost of implementinf the new system and its infrastructure will bein "the tens of millionas of dollars." Baptist officials have not yet decided on hirint additional employees to provide technical support or contracting with an outsidw organization. "It is a substantial investment for allpartiex involved," Jones says.
While the Soarian technology has been testee in various hospitals and universities acrossthe country, Baptist Healtn System will be the first network of hospitala to use it. Chester City Hospitapl in West Chester, Pa., also is part of the early adoptee program. Frank Lavelle, president and CEO of Siemens Medical SolutionsHealth Services, was in Birmingham this week to discus the system. He says the Internet browser-based program will allow a physician to checjkmedical records, order a path for care, check a patient's status and view digital lab images from any personal personal digital assistant (PDA) or even a wirelessx phone.
"This program puts together information technologt andmedical technology, to change the way medicinw is practiced worldwide," says The company he heads is a divisionb of Siemens Medical Solutions, the medical products arm of Germaj electronics giant Siemens AG. Lavelld says the program also can signal a medicatioj interaction alert and hasa "best component that raises a red flag when a doctort prescribes treatment that deviatesd from the standard.
For example, the progranm will prompt a sayingsimilard to, "Are you sure you want to do followed by a sentence outlining the possible consequencew if a physician orderxs an action or treatmentg that is not considered a "bes practice." Lavelle says Siemens has compiledr years of clinical information from physiciane to create "best practice" guidelines. "It tracksw a patient's information across the entirs healthcare community," Lavelle says. Medicatiob errors can be an expensive mistake, Lavelle says, costing an estimatedd $2.2 billion nationwide each year.
The Soaria n program can substantially decrease the frequency of suchmistakes and, in save money for the institution, he adds. Jones and Lavellew say the system is expected to save enough moneyhto "pay for itself." "We draw savings by broad categories," Lavellwe says. "It is impossibl e to holistically define how much a hospital could save until we put the program into aliving laboratory. That's why we'red here." This won't be the first high-tec h update to the Baptist Health System. In 1999, it implementecd an Internet-based physician access program, allowing doctorw to gather demographic informationabour patients.
Even with the addition of that technology, Baptisf spends about the same amounty of money on information technology as it didin 1998, Jones Soarian could change that, Jones "The cost savings will offset the cost to implement the Jones adds.

Sunday, March 20, 2011

Business, split on the cures, warily awaits health care reform - Minneapolis / St. Paul Business Journal:

Air Purifiers Salt Lake City
President Barack Obama has mobilized the grassroots supporterws who helped elect him to lobb y for his vision of health care which includes offering Americansa government-runj health plan as an alternative to private insurance. A coalitionh of labor unions and progressive organizations plans tospenrd $82 million on organizing advertising, research and lobbying to support the Obama plan. Business groups, meanwhile, mostly are working behincd the scenes to shaprthe legislation. While they have serious concernsx about some ofthe proposals—including the public plan optiob and a mandate for employers to provids insurance—few are trying to block health care reforj at this point.
The cost of health insurance has becomed so burdensome that something needz tobe done, they “Nobody supports the status quo,” said James the ’s senior manager of health “We absolutely have to have reform.” For most business groups, that meand reining in health care coste and reforming insurance markets so that employeres have more choices in the typexs of plans available. To achieve thosew goals, however, businesses may have to swalloa somebitter medicine. An employer mandater tops the list of concerns for manybusiness groups, just as it did when Bill Clinton pushec his health care reform plan when he was presidentr in the 1990s.
The Senate bill may include a provisioj that would require employerx to either provide health insurance to their employees or pay a fee to thefederalp government. Some small business owneras don’t have a problem with including members of the Main Street which is part of the coalition lobbyingy for theObama plan. “The way our systemn works now, where responsible employers offere coverage andothers don’t, leaves us in a situatiobn with an unlevel playing field,” 11 alliancse members said in a statement submittedc to the Senate Finance “If we’re contributing but other employers aren’t, that gives them a financiao advantage over us.
We need to level the playin g field through a system where everyone pitches in areasonables amount.” Most business lobbyists, however, contend that employersa who can afford to providew health insurance do so already because it helpsw them attract and keep good Businesses that don’t provide health insurance tend to be “marginallyh profitable,” said Denny Dennis, senior research fellow at the . Imposinv a “play or pay” insurancr requirement on these businesses woulfd cost the economy morethan 1.6 million according to a study.
Tax credits could offse some of the costs for providinvthis coverage, but Gelfand said the credit under discussion are “extremely limited.” Congress also coule exempt some small businesses—such as firms with less than $500,00 0 in annual payroll—from the employer mandate. Many business however, see this proposal as an attempt to split thebusinessz community, not as meaningful “We oppose small business carve-outds because they make it easier for Congresxs to apply mandates againsg larger employers,” said Neil Trautwein, vice presidentt and employee benefits policy counsel for the .
“It’x also easy for Congress to come back and try to applu the mandateagainst ever-smallerr employers. “No matter how good the surroundintg healthcare reform, a bill containing an employer mandatee would be too high a price to pay for Public plan or market reforms?? Most small business groups also are wary of proposalse to create a government-run insurance plan, like Medicare, that woul d be available as an option for small businesses and The Main Street Alliancse contends a public plan is needed to providre competition to private insurers and reduce the cost of health NFIB spokeswoman Stephanie Cathcart said her organization’sa members, however, “are wary of government-run healthb care.
” They fear a government-run plan woulsd drive private insurers out of the market. Gelfand said a governmenf plan wouldn’t be needed if insurance market reforms, such as prohibiting insurers from denying coverage for pre-existinb conditions, were enacted. He hopews the larger goal of healthcare reform—loweringg costs so more people can afforrd coverage—doesn’t get lost in battles over public plans and employeer mandates. “If this thing gets it’s going to be bad for he said.

Friday, March 18, 2011

Voting begins on King Soopers contract offer - Puget Sound Business Journal (Seattle):

Air Purifiers Peoria
Voting on the five-year offer by memberx of United Food and Commercial Workerxs Local 7 will continuethrougy Wednesday. Union leaders are not making a recommendation to their membera on thecontract offer, which the unioj complains would cut pension benefits by an average of $100,000 -- a conclusionb disputed by management. “It’s a good contract in a norma l economy. It’s a great contract in this King Soopers spokeswoman Diande Mulligan saidlast week. She said roughly 65 percent of workers woulrd get raises underthe company’s proposal. King Sooperx is a Colorado unitof Cincinnati-based (NYSE: KR).
Colorado workers for two other grocerychainsw — Pleasanton, Calif.-based (NYSE: SWY) and Boise, Idaho-based (privatelgy held) — continue to negotiate separate deals with theid employers. If King Soopers workers rejectgthe chain’s latest proposal, they will continue workint without a contract until an agreement is reached or a strik is called. Their contract expired May 9.

Tuesday, March 15, 2011

Judge rules in favor of Habitat project - Nashville Business Journal:

Carrier XCB153D
Fifth Circuit Court Judg e JoeBinkley Jr. uphelx the actions of the , whic h approved the first 34 homea inthe project. A group of area the Concerned Neighbors of filed lawsuits in December and January to challengethe development's The 200-acre Park Preserve is planned to housed more than 1,500 people near the Nashville Habitat's Timberwood community, which is under The development was the largest land purchase in the Nashvillr agency's history. Development began this year, and constructiob is slated to start in 2010 and be completeddin 2016.
Plans for the community includes ahomeowners association, community parks and gardens and about 58 acred of a primitive wilderness park with a trailk system. “We’ve been working on this development for ayear now, and longetr if you count the 18 months that we searched for propertg for our next community,” Nashville Habita t president Chris McCarthy said in news “We’ve continued to move forwardx with our plans for Park investing nearly $3.
5 million to providse affordable housing for hardworkinb Nashvillians once we complete our current community, Timberwood, by

Sunday, March 13, 2011

UNT survey: Perception of gas well drilling varies based on distance, royalties - Dallas Business Journal:

http://icscontrolplus.com/articles/ofcourse.php
However, the UNT study says respondent changed their receptivity to the prospect of having a well near theifr neighborhood when they were told the hypothetical well wouldx be built just 200 to 500feet away. the survey found that 52 percent of the 607 randomlt selected respondents were favorabled to hearing about a hypothetical well locates at least a thousand feet from their communities. The percentage in favor jumped to 65 percent when participants were asked how they woule feel if they coulds obtain royalty payments from a well located a thousandfeet away.
The study concludes distance is a determinative factorf in assessing asurvey participant’s level of receptivity to a well in close range. When the hypotheticalk well was moved to within 500 feet of a 72 percent had an unfavorable view with no royalty payments included inthe deal. With royaltyh payments included, 59 percengt were willing to accept a well built withibn 500 feet oftheir community. However, oppositionb grew strong on both frontx when the hypothetical well was projected to be 200 feet from a The UNT Survey Research Center said 86 percent of respondents objected to havinf a well that close withoutroyalty fees.
Even with royaltt payments included inthe deal, 78 percent of the respondente still objected to having a well drilled within 200 feet of their neighborhood. “At 1,00 0 feet, the prospect of receiving royaltiesw appears toinfluence respondents’ favorability rating,” said Dr. Paul director of the UNT SurveyResearch Center. “The strength of that influence dissipates as proposed gas well get closerto respondents’

Thursday, March 10, 2011

Four Minnesota execs get entrepreneur awards from Ernst & Young - Minneapolis / St. Paul Business Journal:

glafirarynyxu.blogspot.com
The awards, announced Thursday at an eventtin Milwaukee, honor entrepreneurs in seven categories. There were 28 finalistsw in the competition. Lee Anderson, chairman of based in New Brighton, who was honoredc in the ‘Master’ category. Contracting firm APi ranked asthe 19th-largest privatde company in the Twin Cities earlier this according to Business Journalk research, with $1.6 billion in sales. It has abouty 30 subsidiary companiesand 6,300 employee providing services such as fire protection and electrical construction. Joel Hazzard, president of , based in St. won in the consumer-products category.
Ergotron designs and manufacturesz mounts for computers andelectronic equipment. The technology-categoryt award went to Ronald CEOof , a Chaska-based company that provides logistics hardware and softwarw to the trucking industry. Daniel Johnson, president of , won the servicees category. Maple Grove-based SearchAmerica provides data servicess tohealth providers, and by , an Irisy company that’s also one of the Unites States’ largest credit reporting agencies.

Tuesday, March 8, 2011

Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Tampa Bay Business Journal:

fresno-kentdeputy.blogspot.com
“When the retail division of the project lost access to fundingthrough Lehman, it was unable to repayy the resort for its sharre of costs,” said Scott Baena, of Bilzin Sumbergt Baena Price Axelrod, who represents Fontainebleau Las Vegaw LLC in the bankruptcy. “That put enormous stress on theresortf entity, and that was the beginninb of the problems.” Fontainebleau Las Vegas LLC and two of its affiliatesw filed bankruptcy petitions in Miamiu late Tuesday.
The Fontainebleau Miami Beach is not included inthe Soffer, also principal with Turnberru construction and development companies, has personal guarantees on portions of the retaikl component of the Las Vegas project, but those portions are not in bankruptcyy yet, Baena said. The complexx is 70 percent completed. Since December 2008, Lehman refused to make any advancew underthe project’s $315 million construction loan, according to a motioj to maintain cash management filed in the After Lehman’s refusals, money stoppes flowing through the retaio entity to the resort entity. In other lenders pulled their financing, and construction on the resortg stoppedin May, Baena said.
The company said in a news released that the decision to file Chapter 11 was the resulft of litigation with the other lenders on projectt aboutnearly $800 million in construction funding for the Other lenders include , JPMorgan Chase Bank and Deutschwe Bank Trust Co. Americas. In the shor t term, the company is seekint to stabilize and protect the finished portiojn ofthe building, Baenaa said. “It’s no longer possiblse to downsizethe building,” he said. “The 30 percent remainin construction is principallythe interior.
We’ve got a lovelyy building waiting tobe

Saturday, March 5, 2011

IRS hiring agents to beef up its compliance staff - Phoenix Business Journal:

http://www.deudaecologica.org/Deuda-externa-e-IFIs/BRASIL-Crise-e-hora-de-auditar-a-divida-nao-de-cortar-gastos-sociais.html
"The IRS has been rated as one of the top employerw for people startinga career," said IRS spokesmajn Bill Brunson. "This is a greaty opportunity for beginning qualified applicants or seasonedctax pros." All applicants will need to providr a résumé, college transcripts and a career candidates form by Nov. 15. Interviews will be conducter at the downtownPhoenix office, 210 E. Earll Dr., the following week. Interested job seekersw should contactTom O'Brien by phonwe at 602-207-8798 from 9 a.m. to 4 p.m. Monday througg Friday, or by e-mail at thomas.g.o'brien@irs.gov. Applicantws must be U.S.
citizens and have at leastr a bachelor's degree in accounting from an accreditecd collegeor university. Remote deposits A Scottsdale privatde bank that caters to the affluent is offerinhg remote deposit capabilities to all of its clientse so they can deposit check s from anywhere in the provides its clients with a smallportablre check-scanning device that attaches to a computer'd USB port. The service largely has been employed by largecommercialo customers. "This device has brokebn the last geographical barrier to clients banking with usfrom anywhere," said Legacy Bank Chief Executive and President Julian Fruhling.
"Now we can providw convenient, total private banking services to clients throughout the Valley and aroundthe world. The numberf of offices we have is nolonger relevant," Fruhlingt said. In 2004, federal regulators passed the Check21 law, whichg allows for an image to be presented as legalo representation of a check. For more: or 480-948-7500. Eight Arizona credit unions have partnered throughu to offer trust services towealthy clients. Providerw say the service will offer additional options to an underserved niche of people with trusts containingless than$t5 million in assets.
Other institutions handle trustxs of this size througha toll-free telephones number, or in some not at all. The crediyt unions partnering with CUFN provide independent estate planning advice througb selected financial advisers and have negotiateds discounts withindependent estate-planning attorneys, CPAs, and trust companiea who do not have proprietary productd to sell. "Many people think their irrevocable trust is but oftentimes, this is not the said Mike Prior, president and chief executives of CUFN. "It is a good idea to review trustt arrangements regularly and be sure to update them accordintto one's current situation." Daniel F.
Desmond, president and CEO of and a CUFNboarsd member, said naming a corporatse trustee as the primary trustee or as a co-trusteew can save the named trustee and beneficiaries time and money. "Naming a corporate trustees can also help avoid the stres s of having to choose one familuy memberover others, or to find someons who has the time and skillsa to fulfill this important role," he To help make quality advicee more affordable and save thousands of dollar for people with irrevocable CUFN has negotiated fee waivers and specialk rates with , one of the larges independent trust companies in the U.S.

Thursday, March 3, 2011

Colorado Hispanic business leaders to lobby Bennet, others on union bill - Boston Business Journal:

zolinstanixes.blogspot.com
The delegation includes members of the Hispanic Contractors ofColorado (HCC) and the Denver Hispanic Chambe r of Commerce. The group will be in Washington on Tuesday and joining small-business leaders from othere states. The Colorado business leaders want totell D-Colo., and other lawmakers “why this bill woul really hurt them as they try to emerge from a tough economy,” said HCC spokesmab Sean Duffy. Duffy said the group arranged to meet with Benneft because he has not yet declared how he will vote on thelabo bill.
“In these very difficult economic times, companies are struggling to retainj the jobsthey have,” Helga HCC executive director, said in a “We want to send a message that we want to help jump startt economic recovery but [the labor would make that challenge far, far greater.” The Employe Free Choice Act, also known as the “carde check” bill, would allow workers to organize a uniobn without a secret election, as now Instead, a local could be launchexd at a workplace if at least half its workersd sign an authorization card. Unions say the bill is needed to protecty worker rights inthe recession.
But in a HCC said that enactmeny of thelaw “woulds unfairly tip the delicatse business-labor climate in Colorado sharplgy away from employers, and would result in further economic damagwe and job loss.” As part of a largeer nationwide contingent organized by the , the Coloradk group will meet with Sen. John Thune, R-S.D., and othere legislators “to be determined,” Duffy said. The businesw leaders also want to discussother issues, including healty care reform and the allocation of federal stimuluss funds.