August 24th, 2010
The latest round of federal government broadband stimulus money will help fund a network expansion in the rugged Colorado mountains between Aspen and Montrose.
Madison, Wis.-based TDS Telecommunications Corp. won $1.8 million in stimulus funding to extend broadband in the Colorado communities of Cedaredge, Crawford, and Somerset. TDS will contribute $609,000 toward the project.
The expansion is […]
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Filed under: finance by Forest
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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 […]
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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 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 […]
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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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May 7th, 2010
Car shoppers took a wait-and-see approach in April, easing up on purchases as the lure of big incentives faded, with the hope that summer will bring a new flurry of deals.
The industry stayed on the road to recovery in April after last year’s dismal numbers, with most major automakers seeing double-digit sales […]
Filed under: economics by Forest
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April 21st, 2010
Toyota has announced that it will now check all of its SUVs for problems similar to the one uncovered by Consumer Reports in the Lexus GX 460 SUV.
The magazine said Tuesday that there was an increased risk of rollover during a turn, a problem it discovered during routine tests. It urged car shoppers not […]
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April 17th, 2010
A volcanic eruption in Iceland threw trans-Atlantic flight into disarray Thursday, forcing some carriers leaving San Francisco’s airport to cancel trips to London and Paris.
An ash cloud from the volcano prompted the closure of all British airports until at least 7 a.m. local time Friday. Airports in France have been shut down as well.
As a […]
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April 15th, 2010
Meredith Whitney made her name warning Wall Street hotshots that Citigroup was in serious trouble in 2007, just ahead of the financial crisis. Zeroing in on commercial banking has long been her specialty, but in a conversation with Fortune, she inverted her gaze, focusing on how the upheaval in big banking, especially in consumer […]
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April 9th, 2010
Gov. Mark Parkinson on Thursday denied a request for a 60-day extension for the approval of a casino in Sumner County.
The Kansas Lottery Gaming Facility Review Board asked for the extension this week as it considers whether to approve the proposed Chisholm Creek Casino Resort near Mulvane. The review board has until April 19 to […]
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