July 28th, 2010
The Huber Health Center is set for an $8 million expansion that will include an emergency department, Grandview Medical Center officials announced Monday night.
“We have seen the need for emergency services there for several years now,” said Grandview Medical Center President Richard Haas.
The center is operated by Grandview, which is part of the Kettering Health […]
Filed under: term by Forest
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July 26th, 2010
Duke Energy goes back to Indiana regulators next week looking for approval of a scaled-down proposal for smart grid operations in that state.
Despite the promise of more efficient energy use, greater reliability and new services, smart grid is often proving a tough sell. It certainly was in Indiana. In November, the Indiana Utility Regulatory Commission […]
Filed under: business by Forest
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July 22nd, 2010
Dell Inc. (Nasdaq: DELL) is expected to buy Silicon Valley-based hardware and software maker Ocarina Networks Inc., officials said Monday.
The Round Rock-based computer maker, which employs about 16,000 in Central Texas, said Ocarina will be rolled into its storage technology business unit, which includes enterprise array EqualLogic. The deal is expected to close this month […]
Filed under: legal by Forest
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July 20th, 2010
Bank of America Corp. shares dropped about 9% in trading Friday as the stock market ended the week on a sour note, reacting to concerns about big bank revenues and consumer pessimism.
Most major Charlotte-area stocks followed the Dow into negative territory. The Dow closed down 2.5 percent to 10,097, a drop of more than 261 […]
Filed under: management by Forest
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July 14th, 2010
U.S. relief organizations have raised $1.3 billion in donations over the six months since an earthquake devastated Haiti, according to a philanthropy expert.
While much of the money is yet to be spent, even more will be needed to rebuild the battered nation.
The donations have been enough to provide basic necessities such as food and […]
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July 12th, 2010
Shares of State Street soared to end almost 10% higher Wednesday after the custody bank said its quarterly earnings would easily beat forecasts.
Before the market opened Wednesday, State Street (STT, Fortune 500) said it expected second-quarter earnings to be 93 cents a share on $2.2 billion in revenue.
That estimate easily topped analysts’ average […]
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July 7th, 2010
United Way of Greater Greensboro said Tuesday that its board of directors has approved a plan to invest $7.3 million with 66 United Way member agency programs and initiatives.
Funding is tied to demonstrated outcomes to address community needs in three areas: education, income/self-sufficiency and health.
“The program results of our partner agencies have been especially effective […]
Filed under: technology by Forest
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July 4th, 2010
Pennsylvania's nine casinos brought in $1.19 billion in tax revenue for the just-ended 2009-10 fiscal year, the Pennsylvania Gaming Control Board said Friday.
For the month of June, slots revenue was up 8.2 percent from a year ago, to $98.2 million.
Since the opening of Pennsylvania's first slot machine casino in November 2006, the gaming board says […]
Filed under: finance by Forest
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July 2nd, 2010
Sequoia Partners led a third round of funding for solar power startup SunRun Inc., the company said Tuesday.
The Menlo Park venture firm was joined in the investment by existing investors Accel Partners of Palo Alto and Foundation Capital, also of Menlo Park.
The San Francisco solar company last week announced a $100 million investment from PG&E […]
Filed under: marketing by Forest
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