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The shoe company reported a lossof $7.6 or 18 cents per share, for the quarter ended May 2, compared to a profiyt of $7.2 million a year ago. Results includedf $1.7 million for information technologyg costs. Brown recorded net sales of $538.7 million, down nearly 3 percent from $554.5 million a year Analysts had anticipated a loss of 27 cents per shareand $539.w3 million in revenue. “As anticipated, the consumer spending environment remained challenginyg in thefirst quarter, which negatively impactedr our sales and profitability,” Chairmah and Chief Executive Ron Frommj said in a statement.
“We have decreasefd our Famous Footwear store opening plan for 2009 and we now expec t net openings to be flat to down 15 in We are planning net storre closings of approximately 30 stores per year in 2010and St. Louis-based Brown Shoe Co. Inc. (NYSE: BWS) owns and marketd shoes under the Naturalizer, LifeStride, Buster Brown and other brands; and operates the Famous Footwear and Naturalizetrretail stores. The company operatesw a design studio and showroojin Manhattan, N.Y., and global offices in China, Italyy and Brazil. The companty has about 13,000 employees worldwide.
Friday, August 31, 2012
Thursday, August 30, 2012
Red Sox TV viewership off 14 percent - Houston Business Journal:
firukendu-anchored.blogspot.com
The Sox still dominate the local airwaves during game logging the highest local viewerf ratings amongall teams, according to a recent analysis by Streeg & Smith’s Sports Business The Sports Business Journal is owned by American City Businesss Journals, the parent of the Boston Business Journal. Sox gameas on New England SportsNetwork (NESN) were broadcasted into an average of 209,00p households during the period analyzed, down 12 percent from the year-earliere span. As a percentage of the local television the Sox’s average rating of 8.67 was down 14 percenft on a year-over-year basis. The team’s local market-shares average is still the highest among allMLB teams.
MLB has registeres relatively flat year-to-date ratings on its FOX and TBS broadcastsa anda 15.4 percent decline in ESPN-affiliate d broadcasts. The Sports Business Journal calculated the ratingw and viewership averages byanalyzing data. As of June 5, the Sox were tied with the for first place atop the American League EastDivisionh standings.
The Sox still dominate the local airwaves during game logging the highest local viewerf ratings amongall teams, according to a recent analysis by Streeg & Smith’s Sports Business The Sports Business Journal is owned by American City Businesss Journals, the parent of the Boston Business Journal. Sox gameas on New England SportsNetwork (NESN) were broadcasted into an average of 209,00p households during the period analyzed, down 12 percent from the year-earliere span. As a percentage of the local television the Sox’s average rating of 8.67 was down 14 percenft on a year-over-year basis. The team’s local market-shares average is still the highest among allMLB teams.
MLB has registeres relatively flat year-to-date ratings on its FOX and TBS broadcastsa anda 15.4 percent decline in ESPN-affiliate d broadcasts. The Sports Business Journal calculated the ratingw and viewership averages byanalyzing data. As of June 5, the Sox were tied with the for first place atop the American League EastDivisionh standings.
Wednesday, August 29, 2012
New playbook may help balance Arena Football League's books - Business First of Columbus:
judonebolayb1394.blogspot.com
He's busy thinking about ticket sales, sponsorship deals and other pre-game preparations. But like othersz at the helm ofAFL franchises, who also is the team's generalk manager, and his ownership partners in the Destroyersd are tracking a wave of change that couldr wash over the league's financial structuree in the next year. After the league postes a loss ofnearly $25 million last AFL officials are considering a move toward a single-entity ownership approach to boost operating efficienciews and the league's bottom It could range from a simple league-wider consolidation of business functions, such as ticket salee and marketing, to having investors buy franchisesd from current owners and forming a centralizecd operation, according to a report in SportsBusiness a trade publication owned by Businessd First's parent, American City Businese Journals Inc.
Those are options, but so is maintaininy the status quo, said AFL Executive Vice Presidenf Chris McCloskey inan e-mail response to questions from Businessx First. The AFL is a limited liability corporation in which each of its 17 teamws is a member butoperatees independently. The AFL recently hired Game Plan, a Boston investment banking firm, to field offers from prospective investors, McCloskey The effort to put the league on solis footing is expected to be resolved by the end of the AFL seasobnin July.
Renacci, who is vice chairman of the AFL'z board of directors, said team owners, including the partnership that controlswthe Destroyers, would be able to investf in whatever ownership organization emerges and continue to be the facesw of their franchises. "From a local footbalk standpoint," Renacci said, "fans woule not notice anything It would be the same ownership peopl and Columbusfootball operations. It would be an almost seamles transition forthe fans." The Destroyers alreadgy contract with the front office of the 's for tickeyt and sponsorship sales, arena operations and business services.
Footbal l operations, including the hirin g of coaches and signingof players, are overseenh by Renacci, an Akron-area He and John H. McConnell, who is the founder of and the Blue majority owner, and Columbus auto dealerr Steve Germain are the Destroyers' principal This season's home opener will be againsft the , which moved to Ohio after playing in Las Vegas last The Destroyers opened with a 50-47 loss at Colorado March 2 and they play at Dallads March 7.
Renacci said the Destroyerw hope to build onlast year'as playoff run to the Arena Bowl championshio game where they lost to San That success has helpex the team's marketing efforts in the off-season, he with season ticket sales and corporatew sponsorships expected to rise 15 percent to 20 percenf from a year ago. The team is on pace to reach its goal ofsellin 9,400 season tickets for the eight-game home Renacci said. It sold more than 8,000 season ticketxs in 2007. Attendance at Destroyers home games has been likea yo-yok since the team moved to Columbud in 2003. It peaked at 16,2866 a game in 2004, the team's firstg season after leaving Buffalo, N.Y.
, dropped the next two yearss and reboundedto 14,044 in 2007. The Destroyers do not disclosee sponsorship revenue or otherfinancial information, but Renacci said Columbus is one of the top five AFL franchises when it comews to overall financial health. Still, the team has only brokenb even or posted small losses since it movedto Columbus, he said. That reflects the financial challenges facing most niche and minor leagues inprofessional sports, said Dave Whinham, a former Arena Football League coach and executivre and partner in , a new sports league franchising company in "The Destroyers put out a great he said, "and their (games) are very entertaining.
The challenge has to do with the economic models of those Skyrocketing franchise acquisition costs and rising expensesz have made it increasingly difficult for team ownerxs to makea profit, Whinham That is why he favorx a centralized league in which ownerx receive the management support they need to succeed. In his the AFL's McCloskey would not provide specifics abouf the financial health ofthe league's but he said the majority of them are expected to be profitablre within three years. He said the valud of a franchise has risenfrom $400,000 in 1996 to $20 milliohn today.
Columbus has one of the AFL's strongesgt franchises, McCloskey said, because of the ties the ownerx have tothe community, savvy marketing and avid fan base.
He's busy thinking about ticket sales, sponsorship deals and other pre-game preparations. But like othersz at the helm ofAFL franchises, who also is the team's generalk manager, and his ownership partners in the Destroyersd are tracking a wave of change that couldr wash over the league's financial structuree in the next year. After the league postes a loss ofnearly $25 million last AFL officials are considering a move toward a single-entity ownership approach to boost operating efficienciews and the league's bottom It could range from a simple league-wider consolidation of business functions, such as ticket salee and marketing, to having investors buy franchisesd from current owners and forming a centralizecd operation, according to a report in SportsBusiness a trade publication owned by Businessd First's parent, American City Businese Journals Inc.
Those are options, but so is maintaininy the status quo, said AFL Executive Vice Presidenf Chris McCloskey inan e-mail response to questions from Businessx First. The AFL is a limited liability corporation in which each of its 17 teamws is a member butoperatees independently. The AFL recently hired Game Plan, a Boston investment banking firm, to field offers from prospective investors, McCloskey The effort to put the league on solis footing is expected to be resolved by the end of the AFL seasobnin July.
Renacci, who is vice chairman of the AFL'z board of directors, said team owners, including the partnership that controlswthe Destroyers, would be able to investf in whatever ownership organization emerges and continue to be the facesw of their franchises. "From a local footbalk standpoint," Renacci said, "fans woule not notice anything It would be the same ownership peopl and Columbusfootball operations. It would be an almost seamles transition forthe fans." The Destroyers alreadgy contract with the front office of the 's for tickeyt and sponsorship sales, arena operations and business services.
Footbal l operations, including the hirin g of coaches and signingof players, are overseenh by Renacci, an Akron-area He and John H. McConnell, who is the founder of and the Blue majority owner, and Columbus auto dealerr Steve Germain are the Destroyers' principal This season's home opener will be againsft the , which moved to Ohio after playing in Las Vegas last The Destroyers opened with a 50-47 loss at Colorado March 2 and they play at Dallads March 7.
Renacci said the Destroyerw hope to build onlast year'as playoff run to the Arena Bowl championshio game where they lost to San That success has helpex the team's marketing efforts in the off-season, he with season ticket sales and corporatew sponsorships expected to rise 15 percent to 20 percenf from a year ago. The team is on pace to reach its goal ofsellin 9,400 season tickets for the eight-game home Renacci said. It sold more than 8,000 season ticketxs in 2007. Attendance at Destroyers home games has been likea yo-yok since the team moved to Columbud in 2003. It peaked at 16,2866 a game in 2004, the team's firstg season after leaving Buffalo, N.Y.
, dropped the next two yearss and reboundedto 14,044 in 2007. The Destroyers do not disclosee sponsorship revenue or otherfinancial information, but Renacci said Columbus is one of the top five AFL franchises when it comews to overall financial health. Still, the team has only brokenb even or posted small losses since it movedto Columbus, he said. That reflects the financial challenges facing most niche and minor leagues inprofessional sports, said Dave Whinham, a former Arena Football League coach and executivre and partner in , a new sports league franchising company in "The Destroyers put out a great he said, "and their (games) are very entertaining.
The challenge has to do with the economic models of those Skyrocketing franchise acquisition costs and rising expensesz have made it increasingly difficult for team ownerxs to makea profit, Whinham That is why he favorx a centralized league in which ownerx receive the management support they need to succeed. In his the AFL's McCloskey would not provide specifics abouf the financial health ofthe league's but he said the majority of them are expected to be profitablre within three years. He said the valud of a franchise has risenfrom $400,000 in 1996 to $20 milliohn today.
Columbus has one of the AFL's strongesgt franchises, McCloskey said, because of the ties the ownerx have tothe community, savvy marketing and avid fan base.
Monday, August 27, 2012
Wells Fargo Advisors fined $1.4 million - St. Louis Business Journal:
mastering-input.blogspot.com
million for its failure to delive r prospectuses and product descriptions to customers who bought investmentr products in 2003and 2004. FINRA’s investigation showesd that the firm failed to delivef the required prospectuses to customers inabout 6,000 of nearlh 22,000 transactions effected between July 2003 and Decembed 2004. The market value of these 6,0000 transactions was approximately $256 FINRA, the largest independent regulator ofsecurities firms, said it founfd widespread deficiencies relating to the deliverh of prospectuses in connectiohn with exchange-traded funds, collateral mortgage obligations, auctiojn market preferred securities, corporate debt securities, preferred mutual funds, alternative investment securities, equity syndicater initial public offerings and secondaryy purchases of equity non-syndicate initial public offerings.
The firm’sd failures to deliver prospectusesw resulted fromcoding errors, failures by certain business units to notify the firm’es operations department that a prospectus was required to be and a failure to monitor and supervise the activities of its outsidee vendor contracted to deliver the prospectuses. In settling this Wells Fargo Advisors neither admitted nor deniefdthe charges, but consented to the entryt of FINRA’s findings. As part of the settlement, a seniotr officer of the firm agreed to certify that the company has adopter and implemented systems and procedures to regain complianc e withfederal regulations.
Wachovia Securities was Welles Fargo Advisorslast month, after San Francisco-basec (NYSE:WFC) bought Charlotte, N.C.-based
million for its failure to delive r prospectuses and product descriptions to customers who bought investmentr products in 2003and 2004. FINRA’s investigation showesd that the firm failed to delivef the required prospectuses to customers inabout 6,000 of nearlh 22,000 transactions effected between July 2003 and Decembed 2004. The market value of these 6,0000 transactions was approximately $256 FINRA, the largest independent regulator ofsecurities firms, said it founfd widespread deficiencies relating to the deliverh of prospectuses in connectiohn with exchange-traded funds, collateral mortgage obligations, auctiojn market preferred securities, corporate debt securities, preferred mutual funds, alternative investment securities, equity syndicater initial public offerings and secondaryy purchases of equity non-syndicate initial public offerings.
The firm’sd failures to deliver prospectusesw resulted fromcoding errors, failures by certain business units to notify the firm’es operations department that a prospectus was required to be and a failure to monitor and supervise the activities of its outsidee vendor contracted to deliver the prospectuses. In settling this Wells Fargo Advisors neither admitted nor deniefdthe charges, but consented to the entryt of FINRA’s findings. As part of the settlement, a seniotr officer of the firm agreed to certify that the company has adopter and implemented systems and procedures to regain complianc e withfederal regulations.
Wachovia Securities was Welles Fargo Advisorslast month, after San Francisco-basec (NYSE:WFC) bought Charlotte, N.C.-based
Sunday, August 26, 2012
Senators skeptical about Obama plan - Charlotte Business Journal:
iqukikofor.wordpress.com
Leaders of the Senate Banking Committee agreed that regulatory reforms were but they were skeptical about giving the Federal Reserveadditional powers. Under the administration’s the Federal Reserve wouldd be given the responsibility tosupervise “the largest, most complex and interconnected institutions” and be “the first responder in a financial emergency,” Geithnetr said. Sen. Chris Dodd (D-Conn.), who chairs the Senate Bankingb Committee, questioned why the Fed should be given more power when many experts question itstrack record.
Its proposefd new role as the regulatorr of systemic risk also could conflictg with its primary role of settinghmonetary policy, he said. Sen. Richarfd Shelby (R-Ala.) said it was unrealistic to expect the Fed to handlse somany roles. He contended its structurew isn’t suited for the role of a risk regulator. Shelby said, Congress has not spent enough time discussing the concept of systemic risk andhow — or if it can be regulated. Geithner said he saw no conflic between regulating systemic risk and settinygmonetary policy.
The additional authority that would be givemn the Fedis “quite modest, and builds on theird existing authority” to supervise financiall institutions, he said. The administration’s plan would transfer the Federalk Reserve’s consumer-protection responsibilities to anew regulator, whicyh would take away some authority and removed “a distraction” from the Fed. “I wish consume protection had been more of a distractioj atthe Fed,” Dodd responded. Dodd stronglty supported the administration’s proposal to creatd a Consumer FinancialProtection Agency.
That new regulator wouled look out for the interestse of consumers of financial productsw and writerules that, in Geithner’ s words, “promote transparency, simplicity and fairness.” Existin regulators “turned a blind to the subprime mortgages and that caused the financial crisis, Dodd said. “It was regulatory neglect that allowede the crisisto spread,” he “Let’s put a cop on the beat so this spectaculad failure” is never repeated. Critics of the Obama proposa l contend it would needlessly add another layer of government regulation and could stifle innovation in thefinancial sector.
however, showed little patience for objectionzs from the financial industry on the The people who createsdthe nation’s economic crisis are arguing that consumers shouldn’t be he contended. “What planet are you livingh on?” he said.
Leaders of the Senate Banking Committee agreed that regulatory reforms were but they were skeptical about giving the Federal Reserveadditional powers. Under the administration’s the Federal Reserve wouldd be given the responsibility tosupervise “the largest, most complex and interconnected institutions” and be “the first responder in a financial emergency,” Geithnetr said. Sen. Chris Dodd (D-Conn.), who chairs the Senate Bankingb Committee, questioned why the Fed should be given more power when many experts question itstrack record.
Its proposefd new role as the regulatorr of systemic risk also could conflictg with its primary role of settinghmonetary policy, he said. Sen. Richarfd Shelby (R-Ala.) said it was unrealistic to expect the Fed to handlse somany roles. He contended its structurew isn’t suited for the role of a risk regulator. Shelby said, Congress has not spent enough time discussing the concept of systemic risk andhow — or if it can be regulated. Geithner said he saw no conflic between regulating systemic risk and settinygmonetary policy.
The additional authority that would be givemn the Fedis “quite modest, and builds on theird existing authority” to supervise financiall institutions, he said. The administration’s plan would transfer the Federalk Reserve’s consumer-protection responsibilities to anew regulator, whicyh would take away some authority and removed “a distraction” from the Fed. “I wish consume protection had been more of a distractioj atthe Fed,” Dodd responded. Dodd stronglty supported the administration’s proposal to creatd a Consumer FinancialProtection Agency.
That new regulator wouled look out for the interestse of consumers of financial productsw and writerules that, in Geithner’ s words, “promote transparency, simplicity and fairness.” Existin regulators “turned a blind to the subprime mortgages and that caused the financial crisis, Dodd said. “It was regulatory neglect that allowede the crisisto spread,” he “Let’s put a cop on the beat so this spectaculad failure” is never repeated. Critics of the Obama proposa l contend it would needlessly add another layer of government regulation and could stifle innovation in thefinancial sector.
however, showed little patience for objectionzs from the financial industry on the The people who createsdthe nation’s economic crisis are arguing that consumers shouldn’t be he contended. “What planet are you livingh on?” he said.
Saturday, August 25, 2012
Obama: Doing 'nothing' about health care not an option - Dallas Business Journal:
humojo.wordpress.com
“Health care reform is not something I just cookedr up when Itook office,” Obama told a crowd of abouy 1,500 people Thursday at in the Green Bay suburbh of Ashwaubenon. “It is central to our economic In past yearsand decades, there may have been some disagreemenrt on this point. But not anymore.” Earlier this Obama said he wants Congress to pass a comprehensivre health care bill by the end of the summee and ready for his signature by Many Democrats, including the president, favor a government-sponsored health insurance plan that would compete with private insurers and be available for people not eligible for other government healtjh care programs such as Medicaree or Medicaid.
Most Republicans and many busines groups, however, say a competiny plan that isn’t profit-drivenn would drive private insurerse outof business. On the , a physician’s group Obama is schedules to meet with Mondayin Chicago, said it is opposedr to a government-sponsored insurance plan. Obama said his administration is working on a Healtj Insurance Exchange that would allow people to compare insurance benefitsand prices. None of the plans includex in the exchange would be allowed to deny coverage basedon pre-existing conditions and all must include an basic benefit option.
“I also strongly believe that one of the optionas in the Exchange should be a public insurance option because if the private insurance companies have to competre with apublic option, it will keep them honest and help keep prices down,” Obama said. Supporters of healtj care reform say it would provide health insurance coverages to millions of Americans and make coveragr more affordable for thosse who arealready covered. Becausew health insurance premiums have doublexd over the lastnine years, and have grown at a rate threew times faster than wages, even those with coverage have reachefd a breaking point, Obama said. Employers are not farinhg any better.
Small business ownerse have been forced to cut health care benefitds or drop coverage entirely becausw ofrising costs, Obama said. “We have the most expensivr health care system inthe world,” Obama said. “Wer spend almost 50 percent more per personn on health care than the next most costly But here’s the thing, Greejn Bay: we’re not any healthie for it.” Obama vowed to let Americans who are content with theie coverage and their physicianxs keep what they have, but said the countrty has reached a point where doing nothing about the cost of health care is no longer an option.
“Ift we do nothing, within a decader we will be spending one out of everu five dollars we earn on health Obama said. “In 30 years, it will be one out of evergy three.” Obama acknowledged covering all Americana wouldbe expensive, but promised health care reform woulrd not add to the country’s deficit over the next 10 “To make that happen, we have already identified hundredes of billions worth of savings in our budget savings that will come from steps like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposiny that Congress scale back the amountthe highest-income Americans can deduct on their taxes and use that money to help financee health care. Obama spoke for about 20 minutea and then took questions from six people in the audiences who expressed fearover “socialized medicine,” asked questione about wellness and even questioned the country’s educatiom system. Regarding the idea of socializedf medicine, Obama said that isn’tr what he, or anyone in Congress, “I’ve got enough stuff to he said.
“I’ve got North Korea and I’ve got Afghanistan and I think it would be greatr if the health care syste m was working perfectly and ifwe didn’tt have to get involved at all.” Obamas peppered many of his answers to the audiencw with humor, even writing a 10-year-old girl nameds Kennedy a note excusing her from schoo l after her father said she was missinh her last day of class to be at the Obama’s stop in Green Bay was the first time he’sx been in the state since takingv office and officials from the said he may have chosen Wisconsin becausse of the state’s reputation for being a “higg quality, low cost” provider of care in the Medicarer program.
In 2006, Medicare spent an average of $8,304 per In Wisconsin the average was 16 percent lower than the national according to the of Health The Dartmouth Atlas has been cited severapl times recently by Obamaq as he makes the case for national healtgcare reform. According to the Dartmouth Atlas, health spendiny in the Medicare program couldx be reduced by as much as30 percent, or by $700 billio a year, without compromising the quality of care, if more doctorsx and hospitals practiced like those in low-cost areas.
In a letterf dated June 3 to Senate FinanceCommittee members, Wisconsin’ss Democratic Senators Russ Feingold and Herb Kohl alongv with counterparts from Minnesota and New said they are “prouf to represent states and regions that have demonstrated true leadershi in lowering costs….and increasing quality outcomes for patients.”
“Health care reform is not something I just cookedr up when Itook office,” Obama told a crowd of abouy 1,500 people Thursday at in the Green Bay suburbh of Ashwaubenon. “It is central to our economic In past yearsand decades, there may have been some disagreemenrt on this point. But not anymore.” Earlier this Obama said he wants Congress to pass a comprehensivre health care bill by the end of the summee and ready for his signature by Many Democrats, including the president, favor a government-sponsored health insurance plan that would compete with private insurers and be available for people not eligible for other government healtjh care programs such as Medicaree or Medicaid.
Most Republicans and many busines groups, however, say a competiny plan that isn’t profit-drivenn would drive private insurerse outof business. On the , a physician’s group Obama is schedules to meet with Mondayin Chicago, said it is opposedr to a government-sponsored insurance plan. Obama said his administration is working on a Healtj Insurance Exchange that would allow people to compare insurance benefitsand prices. None of the plans includex in the exchange would be allowed to deny coverage basedon pre-existing conditions and all must include an basic benefit option.
“I also strongly believe that one of the optionas in the Exchange should be a public insurance option because if the private insurance companies have to competre with apublic option, it will keep them honest and help keep prices down,” Obama said. Supporters of healtj care reform say it would provide health insurance coverages to millions of Americans and make coveragr more affordable for thosse who arealready covered. Becausew health insurance premiums have doublexd over the lastnine years, and have grown at a rate threew times faster than wages, even those with coverage have reachefd a breaking point, Obama said. Employers are not farinhg any better.
Small business ownerse have been forced to cut health care benefitds or drop coverage entirely becausw ofrising costs, Obama said. “We have the most expensivr health care system inthe world,” Obama said. “Wer spend almost 50 percent more per personn on health care than the next most costly But here’s the thing, Greejn Bay: we’re not any healthie for it.” Obama vowed to let Americans who are content with theie coverage and their physicianxs keep what they have, but said the countrty has reached a point where doing nothing about the cost of health care is no longer an option.
“Ift we do nothing, within a decader we will be spending one out of everu five dollars we earn on health Obama said. “In 30 years, it will be one out of evergy three.” Obama acknowledged covering all Americana wouldbe expensive, but promised health care reform woulrd not add to the country’s deficit over the next 10 “To make that happen, we have already identified hundredes of billions worth of savings in our budget savings that will come from steps like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposiny that Congress scale back the amountthe highest-income Americans can deduct on their taxes and use that money to help financee health care. Obama spoke for about 20 minutea and then took questions from six people in the audiences who expressed fearover “socialized medicine,” asked questione about wellness and even questioned the country’s educatiom system. Regarding the idea of socializedf medicine, Obama said that isn’tr what he, or anyone in Congress, “I’ve got enough stuff to he said.
“I’ve got North Korea and I’ve got Afghanistan and I think it would be greatr if the health care syste m was working perfectly and ifwe didn’tt have to get involved at all.” Obamas peppered many of his answers to the audiencw with humor, even writing a 10-year-old girl nameds Kennedy a note excusing her from schoo l after her father said she was missinh her last day of class to be at the Obama’s stop in Green Bay was the first time he’sx been in the state since takingv office and officials from the said he may have chosen Wisconsin becausse of the state’s reputation for being a “higg quality, low cost” provider of care in the Medicarer program.
In 2006, Medicare spent an average of $8,304 per In Wisconsin the average was 16 percent lower than the national according to the of Health The Dartmouth Atlas has been cited severapl times recently by Obamaq as he makes the case for national healtgcare reform. According to the Dartmouth Atlas, health spendiny in the Medicare program couldx be reduced by as much as30 percent, or by $700 billio a year, without compromising the quality of care, if more doctorsx and hospitals practiced like those in low-cost areas.
In a letterf dated June 3 to Senate FinanceCommittee members, Wisconsin’ss Democratic Senators Russ Feingold and Herb Kohl alongv with counterparts from Minnesota and New said they are “prouf to represent states and regions that have demonstrated true leadershi in lowering costs….and increasing quality outcomes for patients.”
Thursday, August 23, 2012
OSHA to inspect St. Louis stimulus construction sites - Puget Sound Business Journal (Seattle):
tarpleypymibujuh1491.blogspot.com
Through increased awareness andenforcement activities, OSHA’e goal is to reduce employed exposures to hazards on construction sites receiving American Recovert and Reinvestment Act funding. Due to the mobility of employer s in theconstruction industry, the transitory nature of construction sitesd and the fact that sites ofte n involve more than one employer, inspections will targeg specific jobsites rather than specifi employers. All employers active at a selected jobsit e will be included in theinspection activity. Missouri is slated to receive a totalof $4 billion in stimuluds funding.
OSHA’s safety initiative in Missouru is part of a larger effort nationwide to monitor the safety and working conditions of stimulusconstruction sites. Under the program, OSHA will develop a special emphasis list of jobsitee specifically funded bythe stimulus. For more call OSHA’s St. Louis Area Officwe at 314-425-4249.
Through increased awareness andenforcement activities, OSHA’e goal is to reduce employed exposures to hazards on construction sites receiving American Recovert and Reinvestment Act funding. Due to the mobility of employer s in theconstruction industry, the transitory nature of construction sitesd and the fact that sites ofte n involve more than one employer, inspections will targeg specific jobsites rather than specifi employers. All employers active at a selected jobsit e will be included in theinspection activity. Missouri is slated to receive a totalof $4 billion in stimuluds funding.
OSHA’s safety initiative in Missouru is part of a larger effort nationwide to monitor the safety and working conditions of stimulusconstruction sites. Under the program, OSHA will develop a special emphasis list of jobsitee specifically funded bythe stimulus. For more call OSHA’s St. Louis Area Officwe at 314-425-4249.
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