Friday, December 14, 2012

AG objects to GM bankruptcy - San Francisco Business Times:

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“While we hope that in the end, GM will emergse stronger and more Cordray said ina statement, “we cannott let big-business bankruptcies in federal court tramplse over state law.” Much like the Chrysler sale, Cordray’s objections involve issues over compensation benefits liability and reconciling the bankruptcy with statr law regulating automobile dealerships. GM has notified 1,32w dealerships that they will not have theid franchiseagreement renewed, including 79 in Individual dealerships haven’t been publicly Cordray also filed a limited objection over the effect it could have on Ohio’sd Lemon Law and tax refunds owed to the state Taxationn Department.

Wednesday, December 12, 2012

San Antonio gets $12.9 million for defense projects - San Antonio Business Journal:

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million for defense-related projects in San Antonio, accordintg to U.S. Rep. Ciro Rodriguez, D-Sanj Antonio, who serves on the committee. A plannerd upgrade of an aircraft maintenance building at Kelly Anne Field has been approvesdfor $7.9 million in federal funding. The fundingf will be used to bring the building up to code compliancw to provide a placewhere F-16 fighter jets can be properlt maintained.
In addition, $5 milliob was authorized for a program to produce unmanned aeriakl vehicles that use Blacklight Night VisionhAdvanced Technology, which is manufactured by San Antonio-based This technologhy allows for the deployment of miniaturee drones to provide site-specific surveillance information. “San Antonio continues to be a militar y leader in operations and the advancement of saysCongressman Rodriguez. “These authorizations will bolster the abilith of our troops to do their jobs more safelhand efficiently.
”

Monday, December 10, 2012

Google downplays antitrust concerns - San Francisco Business Times:

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"There is no reason to be upset or surprised withthe Google's competition counsel Dana Wagnefr told a group of reporters in San Francisco. "It comes with the territory." Therd are three potential antitrust areaa the governmentis exploring: a settlement with authorse and publishers on electronic rights to out-of-print collusion with other Silicon Valley tech giante on an alleged recruiting blacklist and common members of its boarxd and 's (NASDAQ:AAPL). Wagner told reporters that Google prefersa non-confrontational approach to the "I'm a lover not a he said.
"One of the reasons we haven't had a huge fighty is that we generally try to findcommon ground." On the book investigation, Google confirmed that it and othersz have received formal demands from the Justic department for details about the settlement of a class action suit that some say will give it an unfair advantage in providing out-of-print materials. It declineed to go into detail on what wasbeing however. Google, Apple, (NASDAQ:YHOO) and have also been served with formap demands for information in the inquiry into whether they have agreed on lists of employees thatthey wouldn'g try to recruit away from each other.
The Federal Trade Commission is looking into the overlappingboardx issue. Google CEO Eric Schmidt and Arthue Levinson, Genentech's former CEO, serve on the boardds of both Googleand Apple.

Sunday, December 9, 2012

University of Memphis tuition going up in the fall - Memphis Business Journal:

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The Tennessee Board of Regentsd has recommendeda full-board tuition increase for the six universities it including Austin Peay State East Tennessee State University, Middle Tennesses State University, Tennessee State Tennessee Tech University and the U of M. Tuition for studentsa taking 18 hours at U of M will increaswe just over 9 percentto $2,718 a semester, compared to $2,489 per semestef for the 2008-09 school year. Students takingg 12 hours willpay $2,652 a semester, an increas of nearly 7 percent over 2008-09’s cost of $2,489. The changezs are directly relatedto TBR’s decisiohn to charge for every hour of classes students take with no cap, startinfg this fall.
Previously, TBR capped tuition at 12 hours, after which studentss attendedfor free. Now any hours students take abover 12 will havea $10 per hour additional Students taking under 12 hours will see 5 percent increases in tuition costs from last year.

Thursday, December 6, 2012

Court asks Kingfisher Airlines to remit half its TDS dues now - Hindu Business Line

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Court asks Kingfisher Airlines to remit half its TDS dues now

Hindu Business Line


In a setback to Vijay Mallya-owned Kingfisher Airlines, the Karnataka High Court on Wednesday directed the company to deposit 50 per cent of the Rs 371 crore that it is required to remit to the Income-Tax Department as tax deducted at source (TDS) from ...



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Sunday, December 2, 2012

Benefit to aid DFAS worker - Rome Sentinel

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Rome Sentinel


Benefit to aid DFAS worker

Rome Sentinel


WASHINGTON MILLS รข€" A benefit for liver cancer patient Brian Collins will be held Sunday from 1 to 5 p.m. at Valentino's, 3899 Oneida St. For $15 participants will receive a dinner and entertainment by HD Unplugged and Hotplate. There will also be ...



Saturday, December 1, 2012

Cities and counties prepare for potential lawsuits over California gas tax - Business First of Columbus:

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billion budget gap with their money, organizationse representing cities and counties prepared to go to the mat to keepalmostg $3 billion in entitlements from being “What the state is doing is makingv it virtually impossible for cities to engages in sound fiscal planning,” said Ruthann Ziegler, chaird of the public law practice at Meyers Nave PC, a public agency law firm with lawyerx serving as city attorneys to more than 25 Californiw municipalities. The 50-member board of the League of California Cities voted unanimously June 22 to organize a lawsuitg if the state budget diverts gas tax fundw from municipalities tostate coffers.
Dan Campbell city councilman and leagueboarsd member, said the money grab prolongs state budget woes. “Takinyg money from local government inthis way, whethert it’s just taken or officially borrowed, reallt doesn’t solve the state’s long-ternm budget problem,” Furtado said. “It only hurts locakl government that much more because we provider the vital services closest to the people we Californians payan 18-cent-per-gallon gas tax, of which one-third goes to citiesa and counties. Santa Clara County standsw to lose $45.4 million in fisca year 2009-10 and San Mateo County could lose $19.
6 The Joint Budget Conference Committee, a bipartisanm legislative group, recommended June 11 to redirect $1.7 billion in city and counth gas taxes in fiscalyears 2009-1 0 and beyond. The action was first proposedrin Gov. Arnold Schwarzenegger’s budget revision. Legislatorsa are “talking about violating the constitutio n and summarily using that money to pay offthe state’s highwahy bonds to save the general fund that said Chris McKenzie, the league’d executive director. Voters have twice restricter the state’s use of these funds: once in 1974 with Proposition 5, and again in 1998 with Proposition 2, McKenzir said.
“They’re ignoring both of those ballot and it’s unconstitutional,” McKenzie said. Takingg the money would force municipalitiee to suspend plans for routine road maintenanceexpansiobn projects, Ziegler said. Cities and counties maintaib 81 percent ofthe state’ss roadways. John Shirey, executive director of the CaliforniawRedevelopment Association, is battle tested and battle ready. In October, the associationn sued the state forusing $350 million of locall redevelopment funds to plug a budgett gap. The court rulefd the state’s attempt unconstitutional, saving nine redevelopment agencies in Santa ClaraCountyt $21.2 million and San Mateo County agenciesd $8.
3 million. But many expecy Sacramento to take another run atlocal funds, including San Jose Mayor Chuck Reed, whose city stands to lose $13 million in redevelopment funds if the state is “The constitution says redevelopment money shoulc go for redevelopment agencu purposes,” said Reed, calling the attempt just a “differenty dance.” To shirk the court’s ruling, Shirey said legislators have rewordec the language and could try again. On June 15 the Conference Committe approved a recommendation totake $1.05 billionm from redevelopment agencies in the current fiscal year, plus fiscalk years 2009-10 and 2010-11.
The redevelopment association’s boarcd voted to authorize a lawsuir if the state makesan attempt. Shirey called the state’s move an “act of desperation.” “Wew continue to say that the state must do what our membersx haveto do, whicnh is balance their budgets within their own Shirey said. “Nevertheless, we’re prepared to go the legall route if they forceus to.” Ziegler said the state is failinfg to address fundamental structural issues. “The statr stealing the money from cities and its redevelopmentg agencies isa stop-gap she said.
“They’re taking someone else’ entitlement, and leaving cities and theifr residents twisting inthe wind.”