Monday, August 25, 2014

San Francisco Bay Area assessing damage after large quake - CBS News


USA TODAY


San Francisco Bay Area assessing damage after large quake

CBS News


NAPA, Calif. -- The San Francisco Bay Area's strongest earthquake in 25 years struck the heart of California's wine country early Sunday, igniting gas-fed fires, damaging some of the region's famed wineries and historic buildings, and sending dozens of ...


Big loser in West Coast quake: Napa V »


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Saturday, August 23, 2014

Obama orders review of US police use of military hardware - Reuters


Reuters


Obama orders review of US police use of military hardware

Reuters


EDGARTOWN Mass./WASHINGTON (Reuters) - U.S. President Barack Obama has ordered a review of the distribution of military hardware to state and local police out of concern at how such equipment has been used during racial unrest in Ferguson, ...


White House to review equipment program for local police

USA TODAY


Obama Orders Review of Police Use of Military Hardware

Voice of America


US to review arming of cops

Minneapolis Star Tribune


Fox News -NBCNews.com


 »


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Friday, August 22, 2014

After Israeli airstrikes, Hamas kills 11 suspected informers - Los Angeles Times


Times of India


After Israeli airstrikes, Hamas kills 11 suspected informers

Los Angeles Times


A missile launched by Israel's Iron Dome defense system destroys a rocket launched from Gaza on Aug. 22. A missile launched by Israel's Iron Dome defense system destroys a rocket launched from Gaza on Aug. 22. (Jack Guez / AFP/Getty Images). By Laura ...


Gunmen execute 18  »


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Wednesday, August 20, 2014

Obama, Outraged Over Beheading, Vows to Stay on Course - New York Times


New York Times


Obama, Outraged Over Beheading, Vows to Stay on Course

New York Times


James Foley, in a photo from the website FreeJamesFoley.org, in Aleppo, Syria, in November 2012, the month he disappeared. Credit Nicole Tung, via Associated Press. Continue reading the main story. Continue reading the main story. Continue reading the ...


James Fo ley, Missing American Photojournalist, Beheaded By ISIS In Syria

Huffington Post


Obama vows 'justice' after militants kill US journalist James Foley

Los Angeles Times


Obama,  »


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Friday, March 1, 2013

Lewis testifies before Congress - The Business Journal of the Greater Triad Area:

ogarawo.wordpress.com
In prepared testimony before Congressional committees, Lewis said BofA contacted officialss atthe U.S. Treasur and Federal Reserve in mid-December to informk them that thebank “had serious concerns about closing the transaction.” he said, was considerinfg declaring a “material adverse change,” whicu can allow an acquirer to back out of a proposefd deal. “Treasury and Federal Reserve representatives asked us to delah anysuch action, and expressed significant concernds about the systemic consequences and risk to Bank of Americqa of pursuing such a course,” Lewis said.
“We commenced discussions to determinde whether governmental support could limit the risk of proceedingg withthe transaction. Both the government and Bank America were awarw that the global financial system was infragile condition, and that a collapsde of Merrill Lynch could hasten a Charlotte-based BofA (NYSE:BAC) bought Merrilpl on Jan. 1 for $29.1 billion. The deal resulted in BofA’s receivinfg an additional $20 billion in federal funds under the Troubled AssetRelief Program. BofA has received a totak of $45 billion in TARP funds.
Lewis has been under intense pressurse from BofA shareholders for not disclosing the depthof Merrill’sd financial difficulties before the merger. Merrilk lost $15.3 billion in the fourth quarter. In Lewis testified under oath before New York Attornety General Andrew Cuomo that Federal Reserve Chairman Ben Bernankeand then-Treasurt Secretary Henry Paulson pressured the bank not to discuss its increasingly troubled plan to buy Merrill. Lewias said he believed Paulson and Bernank were instructing him to keep silentabout Merrill’s financial problems. His testimont was part of an investigation launched by Cuomo intothe $3.6 billio in bonuses Merrill paid out in December.
Click to follosw Lewis' testimony on Twitter.

Wednesday, February 13, 2013

Metro plans to build new bus facility - Denver Business Journal:

bakakinkorypon.blogspot.com
The facility will house 114 Metro but if the land is fully up to 250 buses will be able to live The newbus facility, expected to be readyh as early as 2012, will be built at a site known as D.C. Metro wants the facility to meet environmental standards that woulc enable it to receive a Silve rating underthe U.S. Green Building Council’zs program for Leadership in Energy andEnvironmentak Design. The new facility will replace the Southeasternbus garage, whic h was sold for $69.25 million and vacated last year becauss of its closeness to Nationals Park. The land at D.C. situated at Shepherd Parkwayg and BluePlains Drive, was appraised at $8.0r million. The sale's $6.
45 million price tag represents the appraisal value minua the additional operating costsof $1.6 million incurreds by Metro for moving the Buses that had been running out of the Southeastern bus garagre have been dispersed to other garageds in the region at an additional operating cost. Until the new facility is the additional operating costs for the buses will be fundedfrom Metro’e operating reserve account, which was createdd from the proceeds of the Southeaster bus garage sale. The final sale of propertty must first be approved bythe D.C. which will consider it at a June2 meeting.

Friday, February 8, 2013

Business working behind scenes to shape health care reform - Business First of Columbus:

grigoriynirim.blogspot.com
President Obama has mobilized the grass-roots supporters that helped electy him to lobby for his vision of healtbcare reform, which includes offering Americans a government-run healthj plan as an alternative to privatre insurance. A coalition of labor union s and progressive organizations plans tospend $82 millio on organizing efforts, advertising, research and lobbyintg to support the Obama plan. Business meanwhile, mostly are working behind the scenes to shapwethe legislation.
Although they have serioux concerns about some of theproposalds — including the public plan optiomn and a mandate for employers to provid insurance — few are trying to block healtuh care reform at this The cost of health insurance has becomse so burdensome that something needs to be they agree. “Nobody supports the status saidJames Gelfand, the ’s senior manager of healthh policy. “We absolutely have to have reform.” For most business that means reining in health care costs and reforminfg insurance markets so that employers have more choices in the types ofplans available.
To achieve those goals, businesses might have to swallow some bitter An employer mandate tops the list of concernws for manybusiness groups, just as it did when Bill Clintojn pushed his health care reform plan in the The Senate bill might include a provisioj that would require employers to either providew health insurance to their employees or pay a fee to the federall government. Some small-business owners don’t have a problem with including members of the MainStreey Alliance, which is part of the coalition lobbyinfg for the Obama “The way our system workxs now, where responsible employers offefr coverage and others don’t, leaves us in a situation with an unlevelo playing field,” 11 alliance members said in a statemenr submitted to the Senat Finance Committee.
“If we’re contributin g but other employers that gives them a financial advantage over us,” the statement said. “We need to level the playingh field through a system where everyonse pitches in areasonable amount.” But most business lobbyistx contend that employers who can afford to provide healthy insurance do so already because it helps them attrac t and keep good Businesses that don’t provide health insurances tend to be “marginally profitable,” said Denny senior research fellow at the NFIB Research Foundation. Imposinfg a “play-or-pay” insurance requirement on these businesses would cost the economy morethan 1.
6 milliojn jobs, according to a study. Tax creditsw could offset some of the costs for providingvthis coverage, but Gelfand said the creditas that are under discussion are “extremely Congress also could exempt some smal businesses — such as firmz with less than $500,000 in annual payrolo — from the employer mandate. But many business groupes see this proposal as an attempt to split thebusiness community, not as meaningfu relief. “We oppose small-business carve-outs becaused they make it easier for Congress to apply mandates against larger saidNeil Trautwein, vice president and employee benefits policy counseol of the National Retail Federation.
“It’d also easy for Congress to come back and try to apply the mandatagainst ever-smaller employers. “No mattedr how good the surrounding healthcare reform, a bill containinf an employer mandate would be too high a pric e to pay for reform,” Trautweimn said. Public plan or marke t reforms?