Monday, May 16, 2011

Duke Energy hires Cisco Systems for

http://its-titles.com/15instruc.htm
The three-year agreement is the latesft development inDuke Energy’s effort to converg its analog electricity infrastructure into a digital system that reducew energy use and boostsx reliability. The architecture will be basedon Internet-protocoll standards that will adapt to new communications technology. “Oue goal is to rapidly transform the way electricitu isdelivered to, and used by, the 11 millioh people we serve in five states,” says Todd senior vice president for smaryt grid and customer systemzs at Duke Energy.
In addition, Cisco will work with Duke Energ to develop and installhome energy-managemeng devices to help customers control and reduce their electricityh consumption. Financial terms of the agreement weren’t disclosed. Charlotte-based Duke Energh (NYSE:DUK) includes Duke Energy Carolinas and the former Cincinnati Gas Electric Co. in Union Light, Heat and Powedr in Kentucky and PSI Energyin Indiana. Ciscp Systems (NASDAQ:CSCO) is a California-based designer and manufacturet ofnetworking technology.

Saturday, May 14, 2011

Home-care workers, county reach deal - Sacramento Business Journal:

axilecyqih.wordpress.com
The proposal is the resultf of weeks of lobbying by the National Union of Healthcare Workers on behalfof home-carde providers. Supervisor Roger Dickinson announced the breakthrough saying the countyis “readt to protect vital services for seniors and peopl e with disabilities, as well as providers’ with no added cost to the IHSS is a home-care service funded jointlyy by state, county and federal funds that allows fraik seniors and people with disabilities to live with dignitt in their own homes, rather than in more expensivw institutions. The funding solution allowss counties to maintain orraise home-care providers’ wages and benefitss despite Gov.
Arnold Schwarzenegger’s cuts to stated home-care funding. Stimulus funds can be used to replace lost statew wages insome cases.

Thursday, May 12, 2011

NYMEX-Crude drops on inventory jump, gasoline tumble - Reuters

tosece.blogspot.com


Globe and Mail


NYMEX-Crude drops on inventory jump, gasoline tumble

Reuters


Crude futures were pressured ahead of the inventory data by concerns about slowing economic growth in China and the dollar's strength amid continuing euro zone debt worries. * On the New York Mercantile Exchange, June crude CLM1 fell $5.67, ...


Oil prices slide as traders eye US inventory data

Moneycontrol.com


Stocks Lower as US Trade Deficit, Earnings Weigh; Crude F »

Monday, May 9, 2011

Polish, elegance and, yes, a scene at the Mondrian SoHo - Globe and Mail

http://kdvamerica.org/Resolutions.html


Globe and Mail


Polish, elegance and, yes, a scene at the Mondrian SoHo

Globe and Mail


The brand-new Mondrian SoHo, glittering above what might be the last quiet corner of New York's fun SoHo neighbourhood, is surprisingly softer and more voluptuous than its sisters. But it's a Morgan's hotel nonetheless and that means polish, ...



and more »

Saturday, May 7, 2011

William J. Mullaney Executive Profile

pohevovotybuc.blogspot.com
About William J. Mullaney Williaj J. Mullaney is president of MetLife

Thursday, May 5, 2011

Alternative fuels summit set for Ga. Tech - Atlanta Business Chronicle:

http://newriversailandpowersquadron.org/Meetings__Classes___Events/New_River_News___Announcements/new_river_news___announcements.html
The third in a seried of regional summits will focus on how to buildc a commercially viable alternative fuele industry inthe U.S. Presentersd will include industry leaders andacademiv experts. “Alternative fuels are becoming ‘imperative fuels’ in ordee to meet the global energyu demands ofthe future,” said Alan Novak, director of alternative fuels for Emerson Processa Management, a division of St. Louis-based The federal economic stimulus package signed into law by Presideng Barack Obama last winterincludes $16.8 billiojn for renewable energy programs and initiativeds run by the .
Of that $800 million is earmarkerd for biomass research, development, demonstration and deployment. Speakersd at Thursday’s summit, which runs from 8:30 a.m. untilo 3 p.m. at Tech’s Hotel and Conferenc e Center onSpring Street, will includwe David Dunagan, renewable energy managert for the Georgia Center for Innovation of Energy, and Ron Barmore, an executivd with Colorado-based , which is buildin g Georgia’s first commercial cellulosic ethanol plan t near Soperton, Ga.

Monday, May 2, 2011

Carolinas HealthCare reduces 1Q loss - Boston Business Journal:

omagyvoham.wordpress.com
Investment losses for the latest quarter totalednearlu $101 million. Chief Financial Officer Greg Gombar anticipates gains in the financial market in April and May will erasdethose losses. Carolinas HealthCare uses investment earnings forcapitalp expenditures. That money is not used for dailgy operations. The health-care system hopew negotiations with several lenders will cut its interest expensexs tied to variable debt andhigher bank-liquidityt fees. Those fees are aboutf $1 million per month. Interest expenses in the firs t quarterwere $21.8 million.
From an operational standpoint, Carolinas HealthCarr had a strongfirst quarter, says Russ Guerin, executive vice president for businessz development and planning. Net operating revenue climbed 8.6 percent to $1.2 billionn systemwide. Operating income exceeded $24.5 million. The health-cares system saw adjusted discharges — a calculationj that gauges patientactivity — climbh 5.2 percent from a year earlier. Growth withinn the health-care system and expensew management “is the primary driver why we’re above budget significantly,” Guerin says. Carolinas HealthCare spent morethan $106 millioj on capital projects in the first quarter.
Projects include new operatin roomsat CMC-NorthEast and Carolinas Medical Center, an expansioj of CMC-Pineville, a new hospitalp at CMC-Lincoln and construction of health-care pavilion in Steele Creek and Waxhaw, which will include free-standing emergency departments. Challenges in the coming months include managingthe system’s growint bad-debt and charity-care reducing interest expenses and preparing for a possible statw cut in Medicaid funding, Gombar says. Bad-debr costs were 12 percent over budgetg during thefirst quarter, toppingv $48 million in the first During the same period last year, bad debt was abouf $43 million.
The health-care system spent more than $770 million in communityg carein 2008, including bad debt, charity care and subsidizing Medicarr and Medicaid. That equals 18.8 percent of the health-care system’s net operatintg revenue. ”It’s a trend everybody’zs seeing across the country,” Gombar says. “We can’t control how many people are how many people show up at our doorwithouyt insurance.” North Carolina’s budget woes could results in a cut of up to 15 percent for That could equate to $36 milliob in annual losses for Carolinax HealthCare. “Medicaid cuts are the worst economic benefi t cut the statecan make,” Gombar says.
“It’s Says Guerin: “It raises pricess for those whodo pay. It makes no good businesxs sense todo that.” Gombar says every dollarf cut from Medicaid eliminatea $4 from the economy. Carolinas HealthCare is the largesft health-care system in the Carolinas andthe third-largest publicd system in the nation. The system owns, leases or manages 25 hospitals. It has more than 40,000 full-- and part-time employees.