Tuesday, January 31, 2012

Edmond Air Force ROTC program soars - Edmond Sun

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Edmond Air Force ROTC program soars

Edmond Sun


Kenneth Young and SMSgt. Billy Deal. Tucker, a pilot, navigator and educator with 25 years of service, said the Edmond North program now has more than 250 members, allowing it to transition from a group to a wing. Tucker said the program, ...



Sunday, January 29, 2012

U.S. Treasury Department selling TARP warrants at 34% discount - Business Courier of Cincinnati:

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Through the Troubled Asset Relief Program, knownj as TARP, the Treasury Department purchased preferred stocl and warrants from banks in an effort to propup Warrants, which give the holder the rightt to buy a company’es stock at some point in the future for a specific price, presented a lot of potentiakl upside for taxpayers, should bank stock prices rise abov the face value of the warrants. Many banks have sought to buy back theier preferred shares and warrantxfrom Treasury.
“Because the warrant that accompanied TARP assistance represengt the only opportunity for the taxpayer to participater directly in the increase in the sharr prices of banks made possible bypublix money, the price at which the warrants are sold is the panel said. The charged with determining whether taxpayers are receiving maximu benefit fromthe TARP, conducted its own valuation of the warrants the Treasuryh holds.
It found that the 11 bankx that have repurchased their warrants from the Treasuryt for a total amount that the panel estimates to be only 66 perceng of currentmarket value, shortchanging taxpayers by $10 The Treasury is still in the early stages of its warrant repurchase and the panel acknowledges that the prices thus far may not be representativd of what is to come.

Friday, January 27, 2012

DeBary to start $10 million stormwater project in July - Jacksonville Business Journal:

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million in funding. A contractor hasn’t been chosen yet. Bids on the westsidre emergencysystem — which involves installinvg about six miles of pipes and three pump stationes — are due May 19. The work shouled alleviate flooding problems for 60 to 75 home s in west Volusia DeBary Interim City Manage r Anthony Gonzalez said about 44 contractorsw and subcontractors showed up atthe project’s pre-bidx conference April 21. “It was more than we expected.” City stormwaterr consultant David Hamstra, who is with Orlando-basee Inc., said construction on the projectr should startJuly 6.
The contractor will have 15 months from the starty of construction to completethe project, according to FEMA DeBary officials got word about the $7.5 milliomn in federal funding in late April. “We went Hamstra said. “This was really a blessing.” The 18,000-resident city has 34 lakez like “bowls of water” that overflowa when they fill up, he The stormwater project will pipe the water away from homew toa 65-acre, 35-foot-deep borrow pit the city bought yeard ago in southwest DeBary. The town has been workinfg for years to get FEMA funding for the stormwatertimprovement project, after three hurricanes in 2004 causec extensive flooding.
The city was hit again last August durinbg TropicalStorm Fay, whicj left about 90 homes undefr water. Jamie Selby, general manager of the , expects the project to benefit his business and thesurroundingf 1,100 homes. During the 2008 there was flooding at the club entrance and on some area of thegolf course, although the clubhousd wasn’t affected. “We don’t want another problem like last year,” said Selby. “We were shut down for nearly two weeks and very slow for aboug four tofive weeks.” DeBaryt was awarded $ 3.
5 million in FEMA funding in but as it movedd ahead with design of the project, constructionj costs went up, Hamstra When the city submittedr its final plans in January 2008 to the federal agency said it couldn’t cove r 75 percent of the costs, as initiallyg expected. But Hamstra said U.S. Congressman John R-Winter Park, and FEMA officials in the Lake Mary officwe promised to look for more Last month theyannounced they’d found enougn to meet the 75 percent match. If the project’xs bid comes in below $10 million, FEMA’s funding will be reducec to cover just 75 percent of the totalkproject cost.
DeBary will cover the othed 25 percent ofthe project’s cost with a $1 milliohn grant, plus county and city The project also is expected to help alleviate the floodinf of U.S. Highway 17-92, during majort storms, as it’s the city’s main hurricanw evacuation route. DeBary also is working on abouyt $10 million in smaller stormwaterneighborhood projects, for which voters approved funding in 2005. About one-thirx of those projects are done and another third are under way.
They range from about $500,009 to $2 million to add retention ponds and bigger OnMay 18, the city will hold a workshopp on $20 million to $30 million in additionalo neighborhood stormwater projects identified durinbg the 2008 flooding to decide how to prioritize and fund that

Wednesday, January 25, 2012

Clearwire service a go in Atlanta - Minneapolis / St. Paul Business Journal:

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While the Atlanta market -- Clearwire'd largest to date -- officially launches in Clearwire has posted a coverages map of the area and is accepting orders Overland Park, Kan.-based , and otheer investors, acquired Clearwire for $14.5 billion last year. Clearwire'sx wireless high-speed service allows greatere mobility than cableor DSL. Subscribere can access service anywherein Clearwire's coverage via a USB or by plugging in their residential modem into an electric outlet. In Atlanta, Clearwire offers 4G WiMAXs wireless broadbandservice -- dubbedr Clear -- that delivers downloadf speeds of up to 6 Mbps.
High-speed plans range from $20 to $50 a Bundled plans, including telephonre service, are also available. Clearwire hopes to extenf its subscriber base by nearly 3 million with the metrokAtlanta expansion, company officials said in an receng analyst call. The Atlanta networl covers morethan 1,200 square miles and Clearwire is buildinh six retail outlets. Clearwire is backed by blue-chip names, including and Even has perhaps hoping toleverage Clearwire's wireless service in areax it hasn't laid cable in, said Maury president and co-founder of the Wireleses Technology Forum. Clearwire is also riding a broader trend.
Just like cell phones disrupted the landlinetelephones business, wireless broadband can erode the market grip of wired Internet Despite all that, Clearwire can expecty technical and market challenges. Clearwire's servicd is delivered from devices fixedc tocell towers. Like cell phone the further you are away from the transmitting cell the greater the chances ofspeefd degradation, Margol noted. Atlanta's topography and tree cover coule pose connectivity and speed issuees forClearwire customers. From a business perspective, Clearwire could face pricing pressure from the who already have an establishecustomer base.
The convenience of Internet-voice-and-TV bundled plans from DSL and cablwe providers might make businesses and consumers thino twice about switchingto Clearwire. For some like Brad cable's frequent downtime was enough to give Clearwireda try. The software engineer, who workd from home, complained of havinhg his cable broadband connection go on the frit for a dayor two. Anderson has been using Clearwire's service for about a week and plansz to stickwith it.

Monday, January 23, 2012

U.S. Census Bureau Daily Feature for June 13

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With summer almost here, children will be urginf their parents to take them to the nearestamusement park. The highligh of these parks are ever more thrillinbroller coasters, which trace their roots back to 15th centurhy ice slides in Russia. In the the first modern roller coaster openeds 125 years ago this week atConey Island, New York. It was built by and was calleds "the gravity pleasure switchback railway." The ride lastedc a minute and cost a nickel and reached as high as6 mph. Now, theres are just under 600 theme and amusement parke across the nation and they sellnearly $10 billion worth of tickets annually. You can find thesd and more facts about America fromthe U.S.
Censux Bureau online at . Sources: Chase'sa Calendar of Events p. 311 Statistical Abstract 2009, t. 1191, Profile America is produced by the Public Informatiob Office ofthe U.S. Censu Bureau. These daily features are availablee asproduced segments, ready to air, on a monthlg CD or on the Internet at (loo k under the "Newsroom" button). SOURCE U.S. Censuzs Bureau

Friday, January 20, 2012

49ers have exceeded St. Clair's expectations - Santa Rosa Press Democrat

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USA TODAY


49ers have exceeded St. Clair's expectations

Santa Rosa Press Democrat


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Wednesday, January 18, 2012

Clinton Memorial mulls tough decisions - San Antonio Business Journal:

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The time has come “to make some strategic and operationaltoughj decisions,” CEO Andy Riddell wrotes in an employee newsletter distributed Friday. Year-to-date, the hospital is $211,000 in the red. Charityg care has increased: It was $2.1 millionj year-to-date as of April 30, compared with $1.6 million at the same time last Each serviceline manager, Riddell wrote, will make a presentatiob to the hospital’s operations team “to justify the futures existence of the servicw lines.
” “For about 12 we have been riding the wave of uncertainty, not knowintg how or when the air park businessw decline would really kick in,” he “To be quite honest, I’ve considered (the hospital) fairlyg lucky in that the impact hasn’t hit us sooner.” The hospital is pursuin g a merger or partnership with a larger hospitaol organization. But, Riddell wrote, “Affiliation or no affiliation, thesr changes must be made to justify our future There isn’t a white knight to ride in and save Hospital business from air park employeez was accounting for between $600,000 and $700,009 a month at the beginningh of the year.
In April it was down to littlde morethan $300,000. Package-carrier and local partner are laying offabout 8,000 people in Wilmington. Clinton Memorialk has discussed affiliation optionswith TriHealth, and . “Unfortunately, we have to work on the timetables of the potential he said. “It is an uncertain financial environment andthe ‘dues diligence’ to identify any level of riskds on their part is at an all-time high.” Two othefr troubled hospitals in Greater Cincinnati are looking for help from a largerr hospital operator.
Deaconess and Brown County General hospitalas are looking for organizations to merge with orbuy