June 26th, 2010
The Nashville Convention & Visitors Bureau hopes World Cup fever has hit Nashville.
In an effort to bolster the city’s chances of hosting games if the tournament comes to the U.S. in 2018 or 2022, the bureau is hosting a viewing party for the World Cup final Sunday, July 11 at LP Field. The event is […]
Filed under: management by Forest
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June 23rd, 2010
Two downtown St. Louis projects — The Laurel and the Park Pacific — have $108 million in AFL-CIO financing, and are expected to generate 1,111 union jobs, according to a report from the AFL-CIO.
Ted Chandler, chief operating officer of the union’s $3.7 billion Housing Investment Trust, said Monday that the projects "offer an […]
Filed under: economics by Forest
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June 21st, 2010
The Dow has puffed up nearly 600 points in a week on the thinnest of fumes: a short-term bounce in the euro and some amnesia about the European debt crisis.
While the advance has been a relief to U.S. investors who watched stocks plunge 12% in the previous six weeks, many market pros think the […]
Filed under: legal by Forest
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June 16th, 2010
State lawmakers put off a shutdown of government operations Monday, with both houses securing enough votes to approve emergency spending for the 11th consecutive week.
This extension, forwarded by Gov. David Paterson, does include several hundred million dollars in reduction in health care and human services.
The stat Senate approved the measure 34-27 while the Democratic-led Assembly […]
Filed under: business by Forest
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June 14th, 2010
Standard & Poor’s Ratings Services lowered its rating to BB- from BB on $758 million of 2007 bonds issued for the West Penn Allegheny Health System, the rating agency announced on Friday. The outlook was stable.
“The downgrade reflects West Penn’s difficulties fully reaching targeted financial expectations set by both prior management at the time of […]
Filed under: management by Forest
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June 10th, 2010
More Raleigh-Cary employers plan to hire during the third quarter, giving hope to those seeking jobs.
According to Manpower’s quarterly employment outlook survey, 19 percent of employers in the Raleigh-Cary area plan to hire in sometime during July, August and September while just 5 percent plan to cut their staffs.
The result is a net employment outlook […]
Filed under: online by Forest
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June 5th, 2010
BP’s debt rating, a key indication of the corporate world’s outlook for the company, was downgraded Thursday by two of the three major credit ratings agencies for the failure to plug a massive oil leak in the Gulf of Mexico.
Fitch Ratings downgraded two key BP debt ratings to "AA" from "AA-plus" and placed the […]
Filed under: business by Forest
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