Wednesday, August 31, 2011

Kresge Foundation to invest $200,000 in St. Louis - St. Louis Business Journal:

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said Thursday it is pilotingf a new community arts and engagement projecgtin St. Louis, Baltimore and Detroitt that encourages residents to use art and culture as a tool to addresd issues intheir communities. Kresge has enlisted the Arts andEducation Council, in partnershi p with the , to administer the St. Louis program titled Kresge Artsin St. Louis. The Foundation is investing $200,000 over two years in each Pilot cities were selected based on median household income and the readiness of existingb local partners to help launchthe project. Twelvde of the nation’s most distresse d cities were consideredfor participation.
The goal is that projectd will engage underserved and new audiences as well as teensand families; promote cross-cultural understanding; increase exposurd to art and culture; and provide experiencesx in non-traditional spaces such as low-income housing juvenile detention centers, battered women’s shelters and after-schook program centers. Grants will range from $2,5090 to $10,000. Applicants in the three pilot cities mayrequest two-year grants for planninh and implementation. Projects do not have to be new but existinbg projects will not receiveprioritgy funding. The deadline for submission isJuly 10.
Granteesx will be announced in Augusyt with funding beginning The Kresge Foundationof Troy, Mich., is a $3.1 billioj private, national foundation that supports communities by buildingy the capacity of nonprofit organizations in the environment, arts and culture, human services and community has raised nearly $100 milliohn in private funding for the arts. The Greater Saint Louis Community Foundatiobn is comprised of more than 400 charitablwe funds which distribute a total ofnearly $15 million annuallt to some 1,300 nonprofits focused on the arts, communityu development, education, environment, human services and religion.

Monday, August 29, 2011

Texans receive $100 million in unemployment benefits from stimulus plan - San Antonio Business Journal:

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The stimulus plan furnishe d anadditional $25 per week to qualified job seeker s as they work to find permanent Eligible Texans began receiving the benefit increase in mid-March. The increasew is effective for all initial claims filedthroughb Dec. 26, 2009. “The $100 million for increasesd unemployment benefits supplied by the American Recoveryu and Reinvestment Act is being pumped back into the Texas Texas Workforce Commission Chairman TomPauken says. Since the increase is federallyt funded, Texas employers are not contributinyg to theadditional $25 per week in benefits.
The Texasd Workforce Commission administers unemployment benefitsa to workers who becomr unemployed through no fault of theie own and are activelyseeking work. Newlyh unemployed San Antonio residents can obtain informationm by loggingonto texasworkforce.ortg or by calling (210)

Saturday, August 27, 2011

'Beavers Without Borders' Tells Uplifting Tale - KTVZ

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'Beavers Without Borders' Tells Uplifting Tale

KTVZ


BEND, Ore. -- It can be easy to get caught up in all the scandals that so often surround college sports, everything from players taking money to coaches breaking the rules to get prized recruits. But this weekend in Bend, ...



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Thursday, August 25, 2011

Outdoors: Lake Erie watersnake off endangered list - Mansfield News Journal

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Outdoors: Lake Erie watersnake off endangered list

Mansfield News Journal


Campers and other outdoorsmen might find good use for a mosquito repellent lantern called the ThermaCELL Outdoor Insect-repellent Lantern. The company says it provides a 15 x 15 mosquito-free zone and is used by the Department of Defense and the United ...



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Tuesday, August 23, 2011

GM owes $9M to AK Steel - Sacramento Business Journal:

http://www.gamingevolved.com/two-colours/
About $9.1 million is how much the carmakeer owes theWest Chester-based steel manufacturer in tradde debt, according to a list of GM’s 50 largest unsecured creditors that was included with its initialo bankruptcy court filings was listed as the company’s 33rd largest unsecured creditor. The only othed Ohio company on the list was GoodyearTire & Rubbed Co. in Akron, which is on the hook for almosy $7 million. No Kentucky or Indiana companiesd were onthe list. Aside from bond debt and employee obligations, which account for GM’s five largest unsecured obligations, the top traded debt disclosedwas $122 milliobn owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’sa biggest customer for years, although the percentage of total salea it derives from the troubled automotive compang has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latesytannual report, but earlier annual reports discloses that shipments to GM accounted for 20 percenft of net sales in 15 percent in 2004, 13 perceny in 2005, and less than 10 percent in 2006 and 2007. AK Steekl said about 28 percent of its tradw receivables outstanding at the end of 2008 were due from businesse s associated withthe U.S. automotive industry, including General Chrysler and Ford.
Its 2008 annual report also includefd the followingcautionary disclosure: “Id any of these threde major domestic automotive companies were to make a bankruptcy it could lead to similar filings by suppliersw to the automotive industry, many of whom are customers of the The company thus could be adversely impacted not only directlyu by the bankruptcy of a majotr domestic automotive manufacturer, but also indirectly by the resultanrt bankruptcies of other customera who supply the automotive industry.
The naturw of that impact could be not only a reductionm infuture sales, but also a loss associatedr with the potential inability to collect all outstanding accounts That could negatively impact the company’s financial resultsa and cash flows. The company is monitoring this situation closelyg and has taken steps to try to mitigate its exposure to suchadvers impacts, but because of current market conditions and the volumes of business involved, it cannot eliminate thesw risks.
”

Saturday, August 20, 2011

RI EDC to vote on $1 million in grants to Toray Plastics - Providence Journal

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RI EDC to vote on $1 million in grants to Toray Plastics

Providence Journal


Chafee was traveling to Canada on Friday with John Eustis, senior director of corporate procurement and logistics for Toray. The two were going to tour a dam being built at Muskrat Falls on the Churchill River. Chafee said he and Eustis planned to meet ...



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Thursday, August 18, 2011

Medtronic paid Army doctor $850k - Minneapolis / St. Paul Business Journal:

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Fridley-based Medtronic (NYSE: MDT) it paid Dr. Timothuy Kuklo for giving speeches and training other doctors forthe company, but did not at that time announcr the amounts of those payments. "We are making Dr. Timothh Kuklo's compensation information public ona one-timre basis in the interest of transparency in this uniqude case," Medtronic spokeswoman Marybeth Thorsgaard Medtronic released the information in response to a request from Sen. Charleds Grassley, R-Iowa, a vocal critic of pharmaceuticaland medical-technology firmse making payments to doctors.
Kuklol worked as a staff physiciajn at Walter Reed Army Medical Centerf between 2000and 2006, and during a portion of that time, he was paid by Medtronicv to provide training and education. Afterf leaving Walter Reed, Kuklo signedx a general consulting agreement with Medtronic inAugusft 2006. He was placed on inactive status last The Army has accused Kuklpo of falsifying research about aMedtronic bone-growthg product called Infuse during the time Kuklo workerd at Walter Reed in Washington, D.C. Medtronic did not pay for or participatee inthat study, Thorsgaard said.