News archive from 13 December 2012

Lennar to borrow $1.7 billion from Chinese bank

Miami-based Lennar Corp. has gotten approval on $1.7 billion in loans from China Development Bank to fund the development and construction of two major projects in San Francisco, according to a person familiar with the transaction. The contract, set...

 

Utilities panel formally closes Duke merger probe

The N.C. Utilities Commission has formally approved the settlement ending its investigation of the Duke Energy-Progress Energy merger, saying the agreement terms “restore the balance” intended between the two companies. The order...

 

Boehner: Obama's 'fiscal cliff' deal 'mainly tax hikes'

WASHINGTON -- Republican leaders kicked off Wednesday with a fierce critique of President Obama's handling of "fiscal cliff" negotiations, part of the political posturing on both sides that has characterized efforts to avoid across-the-board...

 

Guidebook authors show ups and downs of Seattle stairways

SEATTLE - Public stairwells can seem alluring and mysterious, leading you up or down, but to where? To what? Jake and Cathy Jaramillo want to know. They always want to know. Their romantic view of stairways has led them to tread on most of the 507...

 

Auction set for Good Samaritan Health Clinic

Cullman's Good Samaritan Health Clinic serves the needs of hundreds of uninsured area residents. The valuable medical services are funded directly by community donations, which under the nation's economic hardship have declined. But this weekend, Good...

 

Tourism web series Humanity.TV seeks developers in Pittsburgh

By Deborah M. Todd / Pittsburgh Post-Gazette A movement to showcase the human side of the world's top travel destinations is turning to Pittsburgh for developers. Humanity.TV, an interactive Web series that gives travelers a glimpse of destinations...

 

Mitsubishi Power Systems acquisition to expand reach of Lake Mary operation

Mitsubishi Heavy Industries Ltd. has agreed to acquire Pratt & Whitney Power Systems in a move that would expand the market reach of Mitsubishi's Lake Mary-based power-plant turbine business, the companies said Wednesday. The Japanese industrial...

 
House passes new emergency manager law, sends it to Senate

House passes new emergency manager law, sends it to Senate

LANSING -- The state House passed late Wednesday what the Snyder administration says is a new and improved emergency manager law, but opponents say is a warmed-over version of what voters rejected Nov. 6. The House passed the Local Financial Stability...

 

Applauding Amazon on tax-collect pact

Municipal advocates hope Amazon.com's agreement to start collecting Massachusetts sales taxes will result in more aid for struggling cities and towns, while Bay State retailers welcomed a more level playing field with the world's largest online...

 

Reform might not produce much savings in Medicaid

MONTGOMERY — The man in charge of filling Alabama’s massive Medicaid funding gap says it’s important to “set expectations that are reasonable” about what the state can actually save by reforming the health care program. “I don’t think we should be...

 

Detroit auto show will bring dozens of debuts

As U.S. automobile sales rebound, the world's automakers are betting big on next month's North American International Auto Show, with nearly 50 products slated to be unveiled at Detroit's newly renovated Cobo Center.Most of these will be global...

 

Luminant CEO Campbell leaving at end of year

David Campbell, chief executive of Energy Future Holdings Corp.’s Luminant unit, will resign at the end of the year. Campbell, 44, will be replaced by Mac McFarland, who has been an executive vice president of EFH and executive vice president and...

 
Montgomery grade-changing scandal: State wants 'plan' for MPS: Monitor to be appointed to provide oversight of schools

Montgomery grade-changing scandal: State wants 'plan' for MPS: Monitor to be appointed to provide oversight...

A memo to Montgomery Public Schools Superintendent Barbara Thompson regarding the state's investigation of grade-changing at three Montgomery high schools spells out specific steps the district must execute to avoid a potential state takeover of the...

 
Hillary for Mayor? Not so fast

Hillary for Mayor? Not so fast

Mayor Bloomberg may want Hillary Clinton to run for his job, but many New Yorkers aren’t on board with the plan. Fifty-eight percent of New York State voters don’t think Clinton should run for mayor next year compared with just 36 percent who do, a...

 
Emergency preparedness symposium focuses on exchange of ideas

Emergency preparedness symposium focuses on exchange of ideas

slideshow First-responders and other emergency workers from across the nation have gathered at McClellan this week to learn about everything from saving the life of a severely injured person to removing contaminated clothing. More than 80 state...

 

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