Burns, Pierce take Arizona Corporation Commission seats for GOP; Garcia, Jennings lead among Democrats

The race for two seats on the Arizona Corporation Commission was narrowed to four Tuesday night, with an incumbent commissioner and former commissioner looking like they would move on.
On the Republican ticket, current Commissioner Gary Pierce and former legislator Brenda Burns were taking the two spots available, keeping distance from former Commissioner Barry Wong in […]

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Phoenix Coyotes ownership dealings may get more players

The on again, off again saga around ownership of the Phoenix Coyotes continues, all with a looming deadline to sell the franchise and the city of Glendale on the hook for potentially millions.
Ice Edge Holdings LLC efforts to work out a lease deal with the city of Glendale, which owns Jobing.com Arena, and a purchase […]

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Independence Center gets $50,000 Anthem gift

The Anthem Blue Cross and Blue Shield Foundation in Missouri awarded $51,479 to Independence Center, a nonprofit agency serving St. Louis-area adults with serious and persistent mental illnesses.
The grant will fund Independence Center’s wellness coaching project to educate participants on the need for physical activity and healthier lifestyle choices. The program is called Take Charge: […]

Dell Inc. to buy Ocarina Networks

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 […]

BofA shares close down 9 percent

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 […]

Haiti donations: $1.3 billion

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 […]

Kinder Morgan, Copano form pipeline jv

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 […]

Cardinal exec added to Wexner Center Foundation board

The foundation arm of Ohio State University’s Wexner Center for the Arts has added a Cardinal Health Inc. communications executive to its boardroom.
The Wexner Center Foundation this week appointed to its board Shelley Bird, executive vice president of public affairs at Dublin-based Cardinal (NYSE:CAH). At the pharmaceutical and health-care products distributor, she’s in charge of […]

Hiring is up, but so is unemployment

Despite growing unease in the financial markets, the American economy is gathering steam, adding an unexpectedly large number of jobs last month.
The Labor Department’s monthly snapshot of the job market, released on Friday, showed that employers added 290,000 jobs in April, the largest gain in four years, and that they did so […]

When Jerry York shook up GM

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 […]