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 […]
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Filed under: technology by Forest
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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 […]
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Filed under: management 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 […]
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May 23rd, 2010
After months of negotiation and debate, far-reaching legislation to overhaul the rules of Wall Street failed a key test vote in the Senate on Wednesday, casting a shadow over Democratic efforts to push the effort forward.
The measure aims to stop bailouts, shine a light on complex financial products and strengthen consumer protection.
The vote was […]
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May 20th, 2010
Kinder Morgan Energy Partners LP and Copano Energy LLC have formed a joint venture to provide gathering, transportation and processing services to natural gas producers in the Eagle Ford Shale resource play in South Texas.
The 50-50 joint venture, named Eagle Ford Gathering LLC, was first announced by the two companies last November.
Citing a “high level […]
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April 5th, 2010
A Michigan executive has entered a guilty plea in an Oregon court to charges that he participated in defrauding the U.S. government of more than $200 million in tax revenue.
John Parrott, entered his plea Thursday. Parrott is the former general counsel of Mt. Pleasant, Mich.-based GeoStar Corp., the parent of ClassicStar LLC.
ClassicStar offered wealthy individuals […]
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March 23rd, 2010
Jerry York always loved to play the subversive, the man behind the scenes who manipulated the levers of power.
The last time I saw him, 18 months ago, it was a vintage York moment. We met in a nearly deserted restaurant in Bloomfield Hills in mid-afternoon. He was dressed in a black mock turtleneck and […]
Filed under: finance by Forest
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February 21st, 2010
There’s one safety feature that Toyota could have had in its cars for years that would have stopped many, perhaps even most, cases of unintended acceleration — it’s called ‘brake override.’
Toyota has been saying for several weeks that it will add the feature to all of its new cars, and singled out the technology […]
Filed under: money by Forest
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February 16th, 2010
BankAtlantic Bancorp on Friday filed a prospectus with the Securities and Exchange Commission to raise up to $75 million through a stock offering.
The Fort Lauderdale-based banking company (NYSE: BBX) said it would use the money – should it decide to proceed with the offering – to repurchase its debt at a discount. In January, BankAtlantic […]
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January 20th, 2010
Did you purchase a home after Nov. 6? Don’t expect your $8,000 homebuyer tax credit any time soon.
UPDATED: IRS releases new form, begins accepting claims again
Since Congress passed the tax credit last February as part of the stimulus program, more than 1.4 million buyers have scrambled to take advantage of it, according to […]
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