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 […]
Filed under: marketing by Forest
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March 28th, 2010
United Insurance Holding Corp. said state mandates and reinsurance rate hikes pulled down earnings in the fourth quarter and full year of 2009.
For the fourth quarter, United Insurance reported a net loss of $1.2 million, or 11 cents a share, compared with net income of $6.8 million, or 65 cents a share, during the fourth […]
Filed under: money by Forest
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March 19th, 2010
Stripes convenience stores throughout Texas stand to gain up to $175,000 in rebates by joining TXU Energy's Energy Efficiency Rebate Program, which gives businesses rebates for implementing sensible procedures to conserve energy in their facilities.
Harlingen-based Stripes has signed a 29-month contract with TXU Energy and agreed to retrofit T12 fluorescent fixtures with energy-efficient T8s as […]
Filed under: marketing by Forest
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March 12th, 2010
ST. LOUIS — Pinnacle Entertainment blinked.
After eight months of staring down powerful Missouri regulators over the fate of the President Casino, the Las Vegas-based gaming company agreed Wednesday to close the ailing downtown riverboat by July 1.
The move comes as a surprise, one that could have broad implications for St. Louis’ $1 […]
Filed under: finance by Forest
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March 4th, 2010
Malaysia’s government-linked companies and businessmen are being pressed to boost spending at home amid concern that more money is being invested abroad than flowing into the country.
Fresh ideas to stimulate investment may be included in the government’s so-called New Economic Model, International Trade and Industry Minister Mustapa Mohamed said in an interview on […]
Filed under: business by Forest
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February 10th, 2010
Auto giant Toyota is expected to recall almost 300,000 Prius vehicles worldwide, ending several days of speculation about the much-embraced and honored hybrid.
Japan’s Kyodo News agency says the automaker will recall 100,000 hybrids in the U.S. and another 170,000 in Japan. The recall would affect only those Prius models that arrived at dealerships starting in […]
Filed under: news by Forest
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January 23rd, 2010
The world’s biggest brewer, Anheuser-Busch InBev SA, said Thursday that it has agreed to freeze planned job cuts in Belgium to get workers to drop a two-week brewery blockade causing beer shortages at supermarkets and bars.
The company and Belgian trade unions said they struck a deal that postpones the brewer’s plans to […]
Filed under: legal by Forest
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December 14th, 2009
WASHINGTON–The Obama administration’s pay czar is limiting the cash compensation for executives at companies that received the largest taxpayer bailouts to $500,000.
The 25th through the 100th top earners at Citigroup, GMAC, American International Group and General Motors must also take more than half their compensation in stock, and at least half must be […]
Filed under: online by Forest
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December 12th, 2009
OTTAWA–Mounting governmental and household debt are posing new risks to the stability of financial systems, the Bank of Canada said Thursday in its latest analysis.
The central bank’s semi-annual Financial System Review finds that overall conditions have improved in the short term since it last reported in June.
But it adds that record-high debt […]
Filed under: management by Forest
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November 22nd, 2009
Ontario Power Generation Inc. had a $259 million profit in its latest quarter, although the provincial Crown corporation continued to feel the impact of reduced demand for electricity.
The profit for the three months ended Sept. 30 was an improvement on the $142 million net loss for the same period of 2008.
However, OPG said […]
Filed under: legal by Forest
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