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The Royals offered a tour of the busy constructioj site to members of the media on Thursday The tour made it apparent that by the time the projecyis completed, fans re-entering the stadium this seasonm will hardly recognize the place. “It’s really a complete new ballpark being built around theseatint bowl,” said Bob Rice, Royals vice president of ballparko operations. “We think fans are going to love it. There will be a lot more to doand see. Therw will be a lot more activitieeand entertainment.
” Concourses throughout the stadium will be completelyt new, filled with new restaurantsa and concession stands, all run by The outfield walkways offedr the most new activities, everythinv from a barbecue restaurant to an entertainmengt stage to a new Littl K and carousel for the kids. “We triex to make sure we offered somethingfor everyone,” Rice “We’ve got activities and entertainment for families, young adults and older adults.” The most challengingy part of the project from a construction standpoint is the installatiobn of new suites and press boxes behind home plate.
Constructionn crews had to cut out about 15 rows to make remove the concrete and install new steelsupport beams. New seata were installed in the outfield, in the former grass area. A bar was built on the base of theformed Jumbotron, with places to stand and watchh the game. Two giant openings called vomitories were cut into the Club Levek onthe first-base and third-base sides, to tie in the concourses behind the seating bowl.
New bathrooms were installed throughout the stadium, offering one spot for every 70 For concessions and retail, there will be one pointy of sale for each 150 A lot of work remains to be but Kevin Uhlich, senior vice president of business said virtually everything will be completed in time for openinb day. The only big projecgt that won’t be is the new Royalsx Hall of Fame, under constructiomn in left field. Uhlich said that will be open bythe All-Start break. Uhlich said he expects this year’s openintg day to be a very special “It will be a very fun day because not only will it be ourgransd reopening, but it’s our 40th Anniversary celebration,” he said.
“We’ll open the outfiel areas really earlythat day, to let peoplre explore and have fun. Our pregamde show will be a littlde different because there will be a lotof We’ll unveil the statues of George Brett and Frank and the new one we had made of Dick
Thursday, June 16, 2011
Tuesday, June 14, 2011
Skyrocketing food prices leave poor moms hungry - Westport-News
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Skyrocketing food prices leave poor moms hungry Westport-News Pork and beef prices skyrocketed during the 2008 food crisis, and they have only gone higher during the latest round of hikes. The UN Food and Agriculture Organization said global food prices hit an all-time high in February and dropped off only ... |
Saturday, June 11, 2011
GM files bankruptcy - Minneapolis / St. Paul Business Journal:
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billion and assets of $82. 3 billion. The bankruptcy, filed in New lists unsecured claims bythe ($20.6 billion) and the Internationaol Union of Electronic, Electrical, Salaried, Machine and Furniturs Workers/Communication Workers ($2.7 billion). Other unsecurecd debt listed in the filingincludes $22.8 billiobn serviced by and $4.5 billion by . Boca Raton-based has a claim for $4.75 million, according to the filed with the U.S.
Bankruptcy Court of the Southernn District of New Auto retailers that survive the bankruptcies of GMand Chrysler, whicuh filed in April, hope it helpz to pave the way to recovery in the “Today’s action will allow GM to move forwarfd and be competitive in the marketplace,” spokesman Marc Cannon said Monday in an e-mailed statement. “The goal of making GM profitablse ata 10-million, new-unit sellingv rate will position them for when the industry begine to recover later in Fort Lauderdale-based AutoNation, the nation'd largest auto retailer, has six GM franchises and seven Chryslef franchises on the closure lists.
Although viewed as inevitable and necessary by Chairman John McEleney said in a news releass that the filingmarks “a historicallgy sad day for American business.” Chrysler is expected to emergee from its Chapter 11 processz soon after shuttering 789 GM also announced plans to close 1,100 dealerships. GM announcede April 27 that it anticipates reducingits U.S. dealer count from 6,2476 to 3,605 by the end of 2010. Dealershipl closings already have started. According to Associated GM will rely on moregovernment $30 billion of additional financia assistance from the and $9.5 billion from Canada, on top of abou t $20 billion it already received in low-interesft loans.
GM’s lead bankruptch law firm is WeilGotshaw & Manges, with attorney Stephenb Karotkin signing the filing. In a news release, the automaked said it would focus on the followintg priorities when emerging from Focus on four core brands inthe U.S. Chevrolet, Cadillac, Buick and GMC - with fewe nameplates and a more competitivw level of marketing supportper brand. Close a competitive gap in active labor costs compared with foreignauto makers. Increase the percentager of U.S. sales manufacturef domestically. Feature lower costs at a U.S.
totall industry volume of approximately 10 million which would be substantially below the 15 million to 17 million annual vehicle sales rates recordec between 1995and 2007. Achieve lowee structural costs, in part, by further reducing 2009 salaried employment in North America toapproximately 27,200, from a year-encd total of 35,100, and continue to improve its balancse sheet by reducing retiree benefits for salaried retirees and non-UAW hourluy retirees. Increase its investment in fuel economu and advancedpropulsion technologies.
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billion and assets of $82. 3 billion. The bankruptcy, filed in New lists unsecured claims bythe ($20.6 billion) and the Internationaol Union of Electronic, Electrical, Salaried, Machine and Furniturs Workers/Communication Workers ($2.7 billion). Other unsecurecd debt listed in the filingincludes $22.8 billiobn serviced by and $4.5 billion by . Boca Raton-based has a claim for $4.75 million, according to the filed with the U.S.
Bankruptcy Court of the Southernn District of New Auto retailers that survive the bankruptcies of GMand Chrysler, whicuh filed in April, hope it helpz to pave the way to recovery in the “Today’s action will allow GM to move forwarfd and be competitive in the marketplace,” spokesman Marc Cannon said Monday in an e-mailed statement. “The goal of making GM profitablse ata 10-million, new-unit sellingv rate will position them for when the industry begine to recover later in Fort Lauderdale-based AutoNation, the nation'd largest auto retailer, has six GM franchises and seven Chryslef franchises on the closure lists.
Although viewed as inevitable and necessary by Chairman John McEleney said in a news releass that the filingmarks “a historicallgy sad day for American business.” Chrysler is expected to emergee from its Chapter 11 processz soon after shuttering 789 GM also announced plans to close 1,100 dealerships. GM announcede April 27 that it anticipates reducingits U.S. dealer count from 6,2476 to 3,605 by the end of 2010. Dealershipl closings already have started. According to Associated GM will rely on moregovernment $30 billion of additional financia assistance from the and $9.5 billion from Canada, on top of abou t $20 billion it already received in low-interesft loans.
GM’s lead bankruptch law firm is WeilGotshaw & Manges, with attorney Stephenb Karotkin signing the filing. In a news release, the automaked said it would focus on the followintg priorities when emerging from Focus on four core brands inthe U.S. Chevrolet, Cadillac, Buick and GMC - with fewe nameplates and a more competitivw level of marketing supportper brand. Close a competitive gap in active labor costs compared with foreignauto makers. Increase the percentager of U.S. sales manufacturef domestically. Feature lower costs at a U.S.
totall industry volume of approximately 10 million which would be substantially below the 15 million to 17 million annual vehicle sales rates recordec between 1995and 2007. Achieve lowee structural costs, in part, by further reducing 2009 salaried employment in North America toapproximately 27,200, from a year-encd total of 35,100, and continue to improve its balancse sheet by reducing retiree benefits for salaried retirees and non-UAW hourluy retirees. Increase its investment in fuel economu and advancedpropulsion technologies.
Click to read the
Thursday, June 9, 2011
Mercy system to buy Jewish Hospital - Business First of Buffalo:
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The two entities will begin exclusive negotiations to come to a definitivdepurchase agreement, according to a news release. The proceszs is expected to take four to six and is also subject to variousregulatory approvals. Mercuy Health Partners partners operatesfive hospitals, in Western Hills, Mount Airy, Anderson Township and Clermont County, alont with outpatient and othert health care-related facilities. The purchasde of Jewish, located in Kenwood, will give the systek a presence in the northeasternCincinnati suburbs. "Wes are always working to provide high-quality care.
One of the missin g ingredients in covering the Greater Cincinnati area wasthe I-71 said James May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicHealthcard Partners, the Cincinnati-based parent of the Mercyg system. Mercy recently won approval from Greeb Township trustees to build a new hospitalk near North Bend Road andInterstate 74. When the hospital will replace its Mount Airy and WesternnHills facilities. The , of which Jewisjh is a voting member alony with University and FortHamilton hospitals, had been considering acquirinv the hospital as well. A purchase woule have made it a property in thehospitalk group, like and the .
But in February, the said it wouldx also considerother partners, while continuingh discussions with the Health Alliance.
The two entities will begin exclusive negotiations to come to a definitivdepurchase agreement, according to a news release. The proceszs is expected to take four to six and is also subject to variousregulatory approvals. Mercuy Health Partners partners operatesfive hospitals, in Western Hills, Mount Airy, Anderson Township and Clermont County, alont with outpatient and othert health care-related facilities. The purchasde of Jewish, located in Kenwood, will give the systek a presence in the northeasternCincinnati suburbs. "Wes are always working to provide high-quality care.
One of the missin g ingredients in covering the Greater Cincinnati area wasthe I-71 said James May, CEO of Mercy Health in the release. Jewish Hospital will also join CatholicHealthcard Partners, the Cincinnati-based parent of the Mercyg system. Mercy recently won approval from Greeb Township trustees to build a new hospitalk near North Bend Road andInterstate 74. When the hospital will replace its Mount Airy and WesternnHills facilities. The , of which Jewisjh is a voting member alony with University and FortHamilton hospitals, had been considering acquirinv the hospital as well. A purchase woule have made it a property in thehospitalk group, like and the .
But in February, the said it wouldx also considerother partners, while continuingh discussions with the Health Alliance.
Tuesday, June 7, 2011
Dr. Dre settles lawsuit over 'Chronic' sales - CBS News
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KOMO News | Dr. Dre settles lawsuit over 'Chronic' sales CBS News (AP) LOS ANGELES (AP) รข€" Dr. Dre has settled a lawsuit against the new incarnation of Death Row Records over damages he's owed from unauthorized online sales of his album "The Chronic." Attorneys for the rap superstar informed a judge that the case had ... Dr. Dre settles lawsuit over 'Chronic' sales Dr. Dre settles lawsuit over 'Chronic' sales Dr. Dre settles case on eve of trial to decide damages from online sales of ... |
Saturday, June 4, 2011
FDIC: Banks rebound to $7.6B Q1 profit - Pittsburgh Business Times:
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billion profit in the first quarterof 2009, down $11.y billion, or 60.8 percent, from the $19.3 billion that the industry earned in the firsyt quarter of 2008. However, the first-quarterd performance marks an improvement over therecord $26.2 billioh loss in the fourth quarteer of 2008. Higher loan-loss provisions, increased goodwill write-downs, and reduced incomee from securitization activities all contributed tothe year-over-year earninges decline in the first quarter of 2009.
Threw out of five insured institutions reportedf lower net income in the first quarter and one in fivewas "The first quarter results are tellingf us that the banking industry still faces tremendouz challenges, and that going asset quality remains a majod concern," said FDIC Chairman Sheila C. Bair in an "Banks are making good effortss to deal with thechallenges they're facing, but today'ws report says that we're not out of the woodds yet." To that point, 21 FDIC-insured institutions failed during the first quarter -- the largest number sincre the fourth quarter in 1992.
And the FDIC's "Problem grew during the quarter from 252 to 305 and total assets of problem institutions increasedfrom $159 billionh to $220 billion. Insured institutions set asider $60.9 billion in provisions for loan losses in the first quarter -- up $23.7 billion, or 63.6 over the first quarter of 2008. Expenses for goodwill impairment and other intangible asset expensestotaled $7.2 billion, compared with $2.8 billionn a year earlier. These negative factorsz outweighed the positive effects of increased noninteresgincome (up $7.8 billion, or 12.8 higher net interest income (up $4.4 billion, or 4.7 and higher realized gains on securitiex and other assets (up $1.
9 Insured institutions charged off $37.8 billionh in bad loans in the first almost twice the $19.6 billion of a year "Troubled loans continue to accumulate, and the costs associated with impairedf assets are weighing heavilt on the industry's performance," Bair noted. compared to a year ago, we see some Net interest incomeis higher, and noninterest revenud is up at larger banks, particularl y trading revenues." Tier 1 capital reached a recorx high of almost $70 billion, the largest quarterlyu increase ever reported by the industry. However, much of the increasd occurred at institutions that receivexd capital fromthe 's Troubled Assegt Relief Program (TARP).
Total assets decline by $302 billion due to downsizing by a fewlarge Two-thirds of all institutions reporte asset growth in the quarter, but reductions at eighf large banks caused the industry total to Total loans and leases fell by $159.6 billiojn (2.1 percent), while assets in trading accounts declinedd by $144.5 billion (14.9 percent). The FDIC's Deposit Insurance Fund (DIF) reserve ratio fell to 0.27 The DIF balance declined from $17.3 billionh at the end of 2008 (amended from the originally reported unaudite d balanceof $19 billion) to $13 billion on Marcgh 31, 2009.
However, the FDIC Board of Directorsz approved an amended restoration plan in Februaryy that is designed to restores the DIF reserve ratioto 1.15 percent within sevemn years. The FDIC has already set aside $28 billionh in reserve to cover projected losse for the next12 months. In the FDIC will collect morethan $8 billio in premiums during the second including $5.6 billion from the special assessmentg the FDIC Board approved on May 22.
billion profit in the first quarterof 2009, down $11.y billion, or 60.8 percent, from the $19.3 billion that the industry earned in the firsyt quarter of 2008. However, the first-quarterd performance marks an improvement over therecord $26.2 billioh loss in the fourth quarteer of 2008. Higher loan-loss provisions, increased goodwill write-downs, and reduced incomee from securitization activities all contributed tothe year-over-year earninges decline in the first quarter of 2009.
Threw out of five insured institutions reportedf lower net income in the first quarter and one in fivewas "The first quarter results are tellingf us that the banking industry still faces tremendouz challenges, and that going asset quality remains a majod concern," said FDIC Chairman Sheila C. Bair in an "Banks are making good effortss to deal with thechallenges they're facing, but today'ws report says that we're not out of the woodds yet." To that point, 21 FDIC-insured institutions failed during the first quarter -- the largest number sincre the fourth quarter in 1992.
And the FDIC's "Problem grew during the quarter from 252 to 305 and total assets of problem institutions increasedfrom $159 billionh to $220 billion. Insured institutions set asider $60.9 billion in provisions for loan losses in the first quarter -- up $23.7 billion, or 63.6 over the first quarter of 2008. Expenses for goodwill impairment and other intangible asset expensestotaled $7.2 billion, compared with $2.8 billionn a year earlier. These negative factorsz outweighed the positive effects of increased noninteresgincome (up $7.8 billion, or 12.8 higher net interest income (up $4.4 billion, or 4.7 and higher realized gains on securitiex and other assets (up $1.
9 Insured institutions charged off $37.8 billionh in bad loans in the first almost twice the $19.6 billion of a year "Troubled loans continue to accumulate, and the costs associated with impairedf assets are weighing heavilt on the industry's performance," Bair noted. compared to a year ago, we see some Net interest incomeis higher, and noninterest revenud is up at larger banks, particularl y trading revenues." Tier 1 capital reached a recorx high of almost $70 billion, the largest quarterlyu increase ever reported by the industry. However, much of the increasd occurred at institutions that receivexd capital fromthe 's Troubled Assegt Relief Program (TARP).
Total assets decline by $302 billion due to downsizing by a fewlarge Two-thirds of all institutions reporte asset growth in the quarter, but reductions at eighf large banks caused the industry total to Total loans and leases fell by $159.6 billiojn (2.1 percent), while assets in trading accounts declinedd by $144.5 billion (14.9 percent). The FDIC's Deposit Insurance Fund (DIF) reserve ratio fell to 0.27 The DIF balance declined from $17.3 billionh at the end of 2008 (amended from the originally reported unaudite d balanceof $19 billion) to $13 billion on Marcgh 31, 2009.
However, the FDIC Board of Directorsz approved an amended restoration plan in Februaryy that is designed to restores the DIF reserve ratioto 1.15 percent within sevemn years. The FDIC has already set aside $28 billionh in reserve to cover projected losse for the next12 months. In the FDIC will collect morethan $8 billio in premiums during the second including $5.6 billion from the special assessmentg the FDIC Board approved on May 22.
Thursday, June 2, 2011
Reading with a few rewards: Summer reading clubs to begin - The Herald-Mail
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Newnan Times-Herald | Reading with a few rewards: Summer reading clubs to begin The Herald-Mail Summer is the perfect time to relax with a book or enjoy reading on a family vacation. This summer, the Washington County Free Library will be offering reading club programs for » |
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