Wednesday, March 28, 2012
Vance Smith named GDOT commissioner - Atlanta Business Chronicle:
Smith, R-Pine Mountain, a 17-year legislativw veteran who rose in the rankd to become chairman of the House Transportation wasthe board’s unanimous choics among from eight applicants. “I’m very excited,” he said followinhg the vote. “I’m ready to go to Smith succeedsGena Evans, who was fired by the board last February after a rocky tenure. Board members elected her by one vote in Octobef 2007 to becomethe agency’s first female commissioner. Although Evanx enjoyed the supportof Gov. Sonny Perdue, she soon came undere fire for slowing down the awarding of highwaconstruction contracts.
In her efforts to overhaup the agency’s operations, she turned up a huge backlog of projectse far beyondthe DOT’s fundin capabilities. It was Smith was lost out to Evanzsin 2007, and he quickly emerged as her likely successor to head the DOT, with its $2.4 billiohn annual budget and 5,4090 employees. “Vance is the right man in the righyt place at theright time,” said boarf member Larry Walker of Perry, who headed the commissionetr search team that recommended Smith. Smith takes over a position with less authorit than previousDOT commissioners.
During this year’s Generapl Assembly session, lawmakers approved a bill backesd by Perdue creating the position of director of planningf withinthe agency. Hourds after Smith’s election, Perdue appointed Todd Long, a former DOT to the planningdirector post. Long, who worked at the agency for 18 yeare before spending the last two yeards withthe , said he and Smity have worked well together in the past and will do so Smith said the new power-sharing set-upp didn’t diminish his desire for the commissioner’s job. “Ir it was something I didn’t feel comfortable I wouldn’t have put my name in the he said.
Smith, 57, will take officw on June 25 at a salaruof $175,000 a year. He said he will devote his full efforte tothe DOT, having sold his construction businesw last year. Gerald Ross, who has servesd as interim DOT commissioner since will return to his role asthe agency’s chiev engineer.
Monday, March 26, 2012
Homes destroyed in fast-growing Colorado wildfire - Fox News
Fox News | Homes destroyed in fast-growing Colorado wildfire Fox News The fast-moving fire burned at least 4 1/2 square miles, and residents of more than 900 homes were ordered to evacuate. Up to a dozen sm » |
Saturday, March 24, 2012
Incorporate color of the year into your home - Austin American-Statesman
Austin American-Statesman | Incorporate color of the year into your home Austin American-Statesman The hue is a vivacious alternative to last year's cheery honeysuckle, and design experts say it's easy to incorporate into any home. Pillows, bedspreads and tabletop accessories in this high-impact color can add spice to any room. Threads: Styles and colors for spring Brighten Your Home This Spring With The Season's Top Five Decorating Tips And ... |
Thursday, March 22, 2012
YRC Worldwide says it seeks pension reform, not federal bailout - Kansas City Business Journal:
Last month, The Wall Street Journal reportefd thatOverland Park-based YRC (Nasdaq: YRCW) planned to seek $1 billio in Troubled Asset Relief Program fundsa — typically used for bankes — to help with its . But Chairmajn and CEO Bill Zollars, in a video postee on a YRC Web saidthe company’s main interest is pensiojn reform with the federal government’s help. “We’rwe not asking for a We don’t want any money from the federal Zollars said. “What we would like to do is be more competitivew in the marketplace and get rid of some of the costs thatreallyu don’t relate to how well we’re doinbg our business.
” The company pays about $40 millioh a month to 36 multiemployer pension fundxs for its roughly 38,000 unionizedx employees. Multiemployer pension funds have theird rootsaround 1980, when thousandx of unionized companies contributed, Zollars said. “Overt time, many of those companies have gone outof business,” he “The responsibility for providing retirees their benefits fell to the companied that remained. It was kind of the ultimate penalthfor success.” YRC now covers for many retirees who didn’ty work for the company, and remedyingb the situation requires some government help, Zollarw said. The company is starting discussionsxabout situation.
“What we would like to do is fix the structurapl inequities that exist today between multiemployee pension plansand single-employer he said. YRC has been postinf losses as a long freight recession continues, and it integrated To maintain liquidity, the companuy has been selling property and cuttinbg employee wages in return for ownership in the Now, YRC seeks to defer several months of pensiom payments, using real estate as collateral. The company lost $257.4 million in the firsty quarter on revenueof $1.5 billion, compared with a loss of $46.3u7 million, or 82 cents a share, in the same quartee a year earlier. YRC ranks No.
2 on the Kansazs City BusinessJournal ’s list of area public
Tuesday, March 20, 2012
Indeed, The New iPad Is Hotter Than Its Predecessor (Updated w/Apple's Response) - AppAdvice
AppAdvice | Indeed, The New iPad Is Hotter Than Its Predecessor (Updated w/Apple's Response) AppAdvice Now, it has been confirmed; Apple's newest tablet is indeed the hottest to date, and not necessarily in a good way. After five minutes of running GLBenchmark, the folks at Tweakers.net say the new iPad reached 92.5 Fahrenheit (33.6 degrees centigrade) ... Review: New iPad revolutionary in its subtlety of change The Warmth of Other iPads New iPad runs 10 degrees hotter than iPad 2, test shows |
Sunday, March 18, 2012
Swedish Christian Art Exhibition Depicting Jews As Rats Should Be Canceled - Huffington Post
Swedish Christian Art Exhibition Depicting Jews As Rats Should Be Canceled Huffington Post The Simon Wiesenthal Center, a leading Jewish Human Rights NGO, is calling for the canceling of a Swedish Christian Art exhibition that depicts Israelis as gun-toting rats devouring the "Holey Land" [sic] and urges authorities to investigate if ... |
Friday, March 16, 2012
Merkel Leaves Door Open to Pool Bailout Funds - BusinessWeek
Bloomberg | Merkel Leaves Door Open to Pool Bailout Funds BusinessWeek By Rebecca Christie and Tony Czuczka on March 16, 2012 German Chancellor Angela Merkel left the door open to boosting the euro-area financial backstop, saying that a decision on reinforcing the firew » |



