sábado, 30 de abril de 2011

Unions, Paterson reach agreement to avoid mass layoffs - Business Courier of Cincinnati:

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Under the terms of the agreement reachedr between Paterson andthe unions, New York will reduce the state’s payroll by encouraging employees in specific positions to take a cash buyou to leave state The unions said the buyoutf offers will be available to all employees in the targetedd positions. Paterson had announced plans to cutnearlhy 9,000 state workers. “This agreement is a huge win forNew York’x taxpayers and will lead to the most significant reform of our publicv pension system in decades,” Paterson said.
“Thie is real reform to the pensiobn system which will substantially reduc costs to the taxpayers of New York According tothe governor’s the deal will reduce the state’se workforce by about 7,000 positionas and save taxpayers about $440 million over the next two A voluntary reduction in work schedul e will also be implemented. The estimated savings are roughly the amount that was projectedr to be saved through the proposed layoffse that were announcedin March.
“Thisd agreement means a smallerd statework force, savings for and a new pension tier that providez long-term fiscal stability for the state,” Paterson “As I have said from the beginninbg of this process, my overridingy goal was to achieve needex savings and workforce cost while at the same time avoiding large scale layoffs during the worst economic downturn in a generation. This agreement achievesw those objectives in a compassionate and fiscally responsible A targeted, one-time $20,000 retirement incentive paymeny will be offered to approximately 4,500 Incentives must be approved by each respectives agency and the Division of the Budgett and will only be providecd to individuals in positions that will be permanentl y abolished.
Additionally, approximately 2,500 funded positions that are currently vacant will be permanently The new Tier V pension tier would apply only to new Other keycomponents include: • Raising the minimu m age at which an individual can retirew without penalty from 55 to 62, and impose a penalty of up to 38 percent for any employeees who retire prior to age 52. • Requiring employees to continue contributing 3 percenf of their salaries towards pensionm costs for their entire careers rathe r than ending their contributions aftere 10 yearsof service.
• Increasing the minimumj years of service required to draw a pension from 5 years to10 • Capping the amounty of discretionary overtime that can be considereds in the calculation of pension benefits at $10,00o per year. Union officials said that the Paterso n administration also has pledged that it will not pursuee layoffs during the nexttwo years. CSEA and PEF said they will accepft Paterson’s proposed legislation seeking to establishTier V, sayinhg it “reflects the reality of current economic conditions and the fact that it will only applt to future hires,” the unions said in a jointf statement.
“From the start, CSEA has remainerd focused on not just protecting our members but also the essentialp services we provide to New Yorkerseveryy day,” said CSEA President Danny “CSEA recognizes these are extraordinary timea with unprecedented challenges and we have tried to find ways to help without reopening contracts. We believe the agreement workec out withthe governor’s office achieves all of thess aims.” PEF President Ken Brynien said Paterson “moved significantly from his origina demands for major contracg concessions from the state’s work force.” [Clicmk the video image on the right to see the union'se initial response to Gov.
Paterson's planned

jueves, 28 de abril de 2011

Thomson Reuters Q1 profits hold steady; two more divisions to be sold off - The Canadian Press

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Reuters India


Thomson Reuters Q1 profits hold steady; two more divisions to be sold off

The Canadian Press


Stripping out one-time charges, it earned 42 cents per share, slightly below analyst expectations of 43 cents per share, according to data compiled by the firm's own market research division. The results compared to $550 million at the sa! me time last ...


Thomson Reuters Profit Jumps; Divestitures Planned

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martes, 26 de abril de 2011

Blotter: Suspect arrested in child's shooting - Shreveport Times

vidineevostegity.blogspot.com


Blotter: Suspect arrested in child's shooting

Shreveport Times


Raymond Darnell was shot by a patrolman after he wounded his girlfriend in front of police. Video from a police car near the shooting shows King arrive at the shooting. He walked by the injured woman, then left the scene. Authorities say King also made ...


Fired Officer Sentenced For Perjury

KTBS



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sábado, 23 de abril de 2011

Baiting the right buyers - bizjournals:

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This client came to me after years of targetinghis buyer. His producf simplified and improved the procedures that employees in many industrie have todo well. A dangerouzs procedure is one that needds to beperformed well, often at an expert Dangerous procedures are a problem in business. When they’red done incorrectly, the consequences can be loss of life. That’sx why it’s so important to have cleard procedures that anyone can follow if a taskis dangerous. This client’s product has an ingenious method for making instructions The product makes a novice perforjm likean expert. The people who write procedurese at plantsare “procedure writers.
” You woulx think they would be clamorin for a way to make their work productf better. But you would be wrong. After yearsx of targeting the procedure writerxs in nuclearpower plants, this client was hitting a wall. He was gettinfg lots of interest, but no buyers. Why? The procedurse writers have no interest in putting themselves out of When they saw the power of the the procedure writerswere thinking, “Nosw my plant manager doesn’t need me.” The result: no I changed the client’s sales strategy. The next step was to target the buyer who would care about the dangerousconsequencew — the plant manager.
Ironically, the product would not put a procedur writer outof work, but workers got that perception and my client didn’t correcy that misperception. With a clear strategy to target peoples who care about the problekm and are not threatenedby it, my clientt is on his way to makingt a sale. So the lessobn to be learned is that you may have been targetinbg thewrong buyer. Answer this question: “Will my productt make this buyer look good or badin business?” You may find out that you, too, are sellingy to the wrong buyer. In this you don’t have time to waste. Forge about selling to people who willnever buy.
If the buyefr feels threatened, that’s one I would quickly neutralize. Then I woule get moving to sell to the buyer who actually wants to buy.

jueves, 21 de abril de 2011

Lingle orders unpaid days off for workers - St. Louis Business Journal:

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In an address broadcast from theState Capitol, Lingle also said she woulf scale back free Medicaid benefits to low-incomse adults and said the statw would delay paying some of its larget bills until July. The governore is also asking the Judiciary, the Legislature, and the Offics of Hawaiian Affairs to implement equivalenr furlough days or restrict their Hawaii law does not allow orderinv furloughs for the Departmentof Education, the Universituy of Hawaii or the Hawaii Healt h Systems Corporation, but Lingle said their spending will be restricted in an amoun equivalent to the three-days-per-month furlough. The furloughs, whicj start July 1, amount to abouy a 13.
8 percent pay cut, or aboutf $5,500 for a worker making $40,000 a As with layoffs, Linglre does not have to negotiate the furloughes with any of the unions representinhgstate workers. Lingle has said she doesn’tt want to lay off workers because of the disruptivw effect of contract rules that would enablwe senior workersto “bump” junior workers, even if they workede in different state The furloughs will save $688 Lingle said the savings are needex to close a gap of $730 million between now and June 30, as forecast by the state’s Council on Revenues May 28. All told, Hawaii is expected to see tax revenues fallby $2.
7 billion over the next two “If we do not implement the furlouguh plan, we would have to lay off up to 10,00o employees to realize an equivalent amount of savings,” Lingle The state has about 46,000 including 21,000 employees of the Department of Education. Lingld blamed the fiscal shortfall on thelingering recession, rising unemployment, droppinyg visitor arrivals, a decline in private buildiny permits, a doubling of foreclosures, and recor bankruptcy levels. The state Legislature ended its sessiomn last month by raising tax ratez onhotel rooms, high-income luxury home transactions and tobacco to help meet the budgetg shortfall.
But Lingle, a Republican whose vetoes of thosed measures were overridden by majority said she would not ask for additional tax She also rejected calls forlegalizing gambling. However, Lingler noted that 70 percent of state operatiny funds go to labor costs and that the stat e had provided employee wage increase of betweemn 16 and 29 percent over the past fouryearx “when our economy was

martes, 19 de abril de 2011

ADP reports 532,000 May job cuts - South Florida Business Journal:

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Payroll firm ADP reported Wednesday that companieds inthe U.S. cut an estimates 532,000 workers from payrolls last ADP also revised higher its estimatw of cuts in Aprilto 545,000 from the previousa estimate of 491,000. The ADP report noted losses across all sizes and categories of businesses with larged business payrollsdeclining 100,000, medium businesses shedding 223,00p jobs and small businesses cutting 209,000 employees. The goods-producinvg sector lost 267,000 jobs while the service-producingh sector declined by 265,000 The Labor Department is due to releass its jobs reporton Friday.
The average analyst estimate for that report of government as well as privatwe payrolls is a lossof 520,00 payroll positions and an increase in the unemploymen t rate to 9.2 percent from April’ss rate of 8.9 percent. On The Institute for Supply Management announced that its factory inded rose to the highest level since last Septemberr as new orders posted their firsy gain since therecession began. On Tuesday the Nationaol Association of Realtors reported that pending sales of existing or contracts signed butnot closed, rose 6.
7 percen t in April, the largest increase in six

sábado, 16 de abril de 2011

Canadian military acted as paramedics after fatal skydiving accident in US - Montreal Gazette

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Canadian military acted as paramedics after fatal skydiving accident in US

Montreal Gazette


Canadian military members acted as "heroic" paramedics this week, rushing to the scene of a skydiving accident in California that has left one man dead and another in hospital with critical injuries. ...



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jueves, 14 de abril de 2011

Update on Midland's Activities and Projects in Partnership - Stockhouse

http://lamaisonnoblefr.com/country_en.htm


Update on Midland's Activities and Projects in Partnership

Stockhouse


Near the end of 2010, North American Palladium launched a drilling campaign totalling about 3600 metres in ten (10) holes, to test several new airborne electromagnetic VTEM-type anomalies, as well as several gold targets on the Laflamme Property, ...



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