Texas wind-power firms file to sell energy credits to N.C. utilities - Philadelphia Business Journal:

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Three Texas wind farms await approval to register as renewableenergy facilities. Registration is a requiremen t of all renewable energy projects built in the Butthese applications, filed by Houston-based energyg development company Element Markets, signal the entryg of out-of-state companies angling to satisft the demand that Nortu Carolina utilities are goinv to create for renewabl e generation due to new state The Public Staff, the utilities commission’s consume arm, has reviewed the files and recommendsd approval. North Carolina utilities won’tg be purchasing power from these Texaswind farms. Rather, they will be able to buy the “renewable energy credits.
” “You’re paying for the renewable saysJames McLawhorn, director of the Public Staff’ Electric Division. Renewable energyg has a value beyond the energgitself – in the form of a renewable energy or REC, that can be bought and sold. Nortb Carolina utilities would be interested in buyin credits from Texas facilitiew to help them meet state targets forrenewabl generation, McLawhorn says. The 2007 energy legislatiom Senate Bill 3 requires Nortg Carolina utilities togenerate 12.5 percent of their powere from renewable sources by 2021. Up to 25 percent of that requiremenf can come frompurchasinv out-of-state RECs. The Texas wind facilitiex are large: a 79.
8 megawatt facilityg in Hansford County and two 10 megawatt facilities inMoore County. McLawhorn says the power from the facilities is purchase d byTexas utilities, but the glut of wind generatio n in Texas means they have RECs to spare. Elementt Markets’ business includes trading renewablenergy credits. The prefers renewable generation be buil within a particular state so its benefits the power generated and the jobscreatexd – stay in the state, says Wind Program Coordinator Brandon Blevins.
But he adds that buildingt any new renewable energy facility takes time and that utilities face a deadlin to meet the renewable generation Purchasing RECs allows a utility to more quickly get renewable generation into its Rogervon Haefen, professor of agricultural and resource economicxs at , says the price of an REC is set by marke forces. He expects demand for RECs to go up as demandd for renewable energy and particularly if federal legislation creates additional requirementsfor utilities. Von Haefen says that in some cases, RECs offerf a less expensive way to supporgtrenewable generation.
If Texas has superior wind energy resources, directint North Carolina dollars to Texas makes economic sensw because it will bring more wind energy online atless cost, he But RECs don’t always translate into additional investmenft in energy generation. In some cases, buying RECs pays the owners of the generation for somethinbg they would bedoing anyway. Von Haefen is unfamiliard with theTexas facilities, but he says debates about RECs and carbon offsets center aroun whether these policies create new renewable “If we’re not, we’re not getting anything out of the policyu other than moving the credits around and raising costxs for North Carolina utility customers,” von Haefen

That 'clean' paper washroom towel you're using could be carrying bacteria: study - Winnipeg Free Press

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That 'clean' paper washroom towel you're using could be carrying bacteria: study Winnipeg Free Press The study authors say their work doesn't imply that paper towels are unsafe; just that they could possibly be an unwanted source of contamination in certain environments. The study suggests paper towels could pose a danger in certain clinical or ... and more »

Ford will stop Claycomo F-150 production for a week - Houston Business Journal:

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The UAW Local 249 posted the informatiojn in a newsletter on its Web Local 249 Vice President Bobby Wyse confirmeed Monday that the informationis accurate. The productionn stoppage comes a week before an alreadyscheduledd one-week summer break for the entire plant starting June 29, a Local 249 spokeswoman said. The plantt also is scheduled for a summer break during the weekof Aug. 17. Saleds of Ford F-series trucks were 33,3812 in May, up 16 percent from 28,7578 in April but down 22.3 percent from 42,97e3 in May 2008. UAW Local 249 said the sligh increasein month-to-month sales enabled Ford (NYSE: F) to cancel the scheduled down week on June 22 at its F-1509 truck plant in Dearborn, Mich.
, but the down week was left intacyt at the Kansas City Assembly Plant. “Thiw is partially due to depleted funds forthe state’s Divisio of Unemployment in making down weeks at (Dearborn) less of an the Local 249 said in the newsletter. Locak 249 added that sales projections continud to be less than the five shifts at the two truck plants can produce if they work full time throughy the 2010production year. Ford runs two shiftsz at Claycomo and threein Dearborn. Wyse said Ford is considerinvg once again moving a shift fromthe F-150 side of the Kansaes City Assembly Plant and putting them to work on the SUV However, nothing has been determined so far, he said.
A year ago, Ford movef about 800 workers from a second shifyt onthe F-150 side of the Kansass City plant to a third shift on the SUV The employees were moved back to the F-150 side on Jan. 12. Ford Escapee sales in May reached 16,391, up 20.6 percenrt from 13,596 in April but down 7.2 percenf from 17,667 in May 2008. The Kansas City Assemblyt Plant also produces the Mercury Marine r and hybrid versions of the Ford Escapew andMercury Mariner. Combine sales of hybrid versions of the Ford Mercury Milan, Ford Escape and Mercury Mariner reached 3,9066 in May, a new company The old sales record of 3,420 hybrid vehicles was set in Apriol 2006.
As of May, Ford’s Kansas City Assemblu Plant in Claycomo hadabout 3,900 hourlyg and 200 salaried employees.

Forever 21 bids for two Gottschalks stores - Sacramento Business Journal:

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The Los Angeles-based retailer that caters to teen-age girle and twentysomething women, has asked a bankruptcyy court to buy three Gottschalks stores and take over the leasee of13 others, according to court documents. Gottschalks file d for bankruptcy protectionthis year, citing declining revenud and fast-rising losses, forcing the closurer of the 58-store chain, including outlets in Auburn, Davis, Elk Sacramento and Woodland. Forever 21 has submitteds bids forthe two-story Gottschalkse store at , and another at University Mall in Forever 21 has bid $17.
7 million to buy three storea in Hanford, San Luis Obisppo and Yuba City and take over the 13 The company, which has local has been debuting larger stores that include especially after completing a deal for 15 Mervyn’s storess from bankruptcy court in January. Gottschalk s will close its stores during the next several eliminating about 400 jobs inthe four-county regioj — and lowering sales-tax A judge could approve the deal with Forever 21 this

Bankrupt GM owes Enterprise Rent-A-Car, Maritz millions - Houston Business Journal:

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billion in revenue in 2008. GM had promiserd to buy back $33 million in vehiclese from Enterprise as part of a repurchaseagreement that'se similar to a lease, said Christgy Conrad, a spokeswoman for Enterprise. "We have a good working relationship with GM and have received assurances that the manufactureer will honorthe agreement," she GM also owes Maritz Inc. in Fentonj more than $25.6 million, accordingt to the GM hired Maritzx to perform customer satisfaction research and as well as training for dealersz to boostcustomer satisfaction. Marits also provides event and incentives programsfor GM.
"Maritz leadership has been in close contact with GM throughout its reorganizationplanning process," said Beth Rusert, a spokeswoma n for Maritz. "We believe the relationship will Maritz also performs workfor , which in Maritz continues to receive payments from Rusert said. Maritz, a family-ownerd sales and marketing services compangin Fenton, reported $1.49 billion in revenue in 2008. GM, which makes Chevrolet Express and GMC Savanaw vansin Wentzville, listed $173 billion in liabilitiesx and $82 billion in assets in its bankruptcu filing.

California Healthy Marriages Coalition Says Jon and Kate Plus 8 Experiencing Common Marital Woes

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The California Healthy MarriagesCoalition (CHMC) has released data showingb Americans now have the ability to navigate those difficultr times and increase marital happinessw through Marriage Education. says, "In order to change the landscape of divorcdin America, we need to addressw the underlying problem of communication breakdown that is so commonb when couples don't learn effectivs communication skills. We now have convincinyg evidence that Marriage Education programes really help couples improvetheir relationships." Stoica adds, "If we coulds reach high visibility couples like Jon and Kate with these communication skills, that would be exciting!
" In orderr to change the divorce statistics, CHMC says it's importangt that couples recognize the benefits of staying together through the tough times and the skills for doing that. Numeroux studies have shown that there is an inescapable connectiob between divorce and undesirable outcomes for the childremn ofthose relationships, includinfg negative impact on their mental and physicall health and educational decline. This week, CHMC releasedc preliminary data showing the impact of Marriagse Education classes taughtin California.
Couples who took a CHMC-sponsored Marriage Education course showed an average improvementof 19% in maritakl satisfaction, problem-solving skills, and relationship Stoica said, "When we teach couplesx skills that get them through the rough patches then families stay together and their children benefirt in a multitude of Marriage Education has the potential to make a dramatic differencwe in reducing divorce and family breakdown." CHMC is the recipienyt of the Federal government's largesrt Healthy Marriage grant, at $2.4 milliomn a year.
For the past four years, CHMC has taughg relationship-building skills to California individuals and CHMC offers these classes through a networkl of partnering organizations locatedthroughoutf California. Local class information is availableat . Tracie Donahue, Publifc Relations TEL: 916-712-2781 EMAIL: Tracie@CaMarriage.com

Watson Files FDA Application for Generic Mucinex(R) D

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June 10 /PRNewswire-FirstCall/ -- Watson Inc. (NYSE: WPI), a leading specialty pharmaceutical company, today confirmed that its subsidiary, Watson Laboratories, Inc. - Florida, has filed an Abbreviated New DrugApplicatioh (ANDA) with the U.S. Food and Drug Administratio n seeking approval to market its guaifenesin pseudoephedrineHCI extended-releasw 600mg/60mg and 1200mg/120mg tabletxs prior to the expiration of patentsa owned by Reckitt Benckisert Inc. Watson Laboratories, Inc. - Florida'd guaifenesin pseudoephedrine HCI extended-release tablegt products are the genericv versions of ReckittBenckiser Inc.
's Mucinex(R) D which are indicated to help loosen phlegm and thin bronchial secretions to rid the bronchiakl passageways of bothersome mucus and make coughs more Watson Laboratories, Inc. - Floridq previously filed ANDAs seekingf approval to market generic versions of ReckitgBenckiser Inc.'s Mucinex(R) and DM products. Reckitt Benckiser filed suit againstWatso Pharmaceuticals, Inc. and Watson Laboratories, Inc. - Florida on June 5, 2009 in the U.S. Districr Court for the Southern District of Florida seeking to preven Watson from commercializing its products prior to expirationof U.S. paten numbers 6,372,252 and 6,955,821.
Reckitt Benckiser's suit was filed under the provision of the HatchWaxman Act, resulting in a stay of finaol FDA approval of Watson Laboratories, Inc. - Florida'es ANDA for up to 30 months or until final resolution of the matter beforrethe court, whichever occurs sooner. Baseed on available information, Watsoh Pharmaceuticals, Inc. believes that Watson Inc. - Florida may be the firstf applicant to file an ANDA for a generic version of D and, should its product be approved, may be entitleds to 180 days of generic market For the twelve-months ended March 31, 2009, D products had total U.S. salew of approximately $62 million, according to IMS Health data. About Watsobn Pharmaceuticals, Inc.
Watson Pharmaceuticals, Inc. is a global leader in the development and distribution of pharmaceuticals with a broad portfolipo of generic products and a specialized portfolii of brand pharmaceuticals focusedon Urology, Women's Healtj and Nephrology/Medical. For press release and other company visitWatson Pharmaceuticals' Web site at . Any statements contained in this presz release that refer to future events orotheer non-historical facts are forward-looking statements that reflect Watson's current perspectivew of existing trends and information as of the date of this Except as expressly required by law, Watsomn disclaims any intent or obligatioh to update these forward-looking statements.
Actuao results may differ materiallyfrom Watson's current expectations depending upon a number of factors affecting Watson'd business. These factors include, amonvg others, the difficulty of predicting the timingf or outcome of FDA approvalssor actions, if any; the difficulty of predicting the timing or outcome of litigation related to patenty infringement; the impact of competitive products and pricing; market acceptance of and continuer demand for Watson's products; and otherd risks and uncertainties detailed in Watson'sw periodic public filings with the Securities and Exchange including but not limited to Watson's Annuak Report on Form 10-K for the year endecd December 31, 2008.
Mucinex(R) D is a registeredc trademark of ReckittBenckiser Inc. SOURCE Watsonm Pharmaceuticals, Inc.

32 Phila.-area hospitals made money; 13 lost - Philadelphia Business Journal:

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Among the 45 Philadelphia-area hospitalz listed in the financial performance 32 finished the year in the black and 13 lost The posted thelargest profit, by a larged margin, at $269.2 Next were , at $59.8 million; Paoli at $51.9 million, and at $46 million. Both Paolik and Bryn Mawr are part of Main Line Healthj basedin Radnor, Pa. The largesr deficits were recorded by threePhiladelphia hospitals: , at $40.4 , at $29.9 and , at $13 million. Graduat e was sold last year by to a joint venturwe of the in Philadelphia and Good Shepherd Rehabilitation Networkof Allentown, Pa.
The hospital is reopening next month asa post-acute-cares facility specializing in inpatient rehabilitatioj and long-term acute-care. Temple Children' s was closed last year by the . PHC4 said the overalo total margin (the ratio of totao income to expenses) for the 170 hospitalsw in the report increasedto 6.51 percent in fiscalp 2007 from 5.39 percent in fiscal 2006. The reporft also found the amount of uncompensatee care hospitals provided increasedto $678 million last up 12.2 percent from $604 milliojn in 2006. "The financial health of Pennsylvania hospitalw continuesto improve," said Davie H. Wilderman, acting-executive directoer of PHC4.
"It is important to note, however, that 25 percen lost money overall. That number has not improved sincw 2006 and is comprised ofmainluy small-to-medium-sized hospitals, many of which serve rura l communities." Priscilla Koutsouradis, communications director for & , said the PHC4 report "shows area hospitals overallp making progress toward the minimujm financial performance needed to re-invest in staff and technology and continuse to provide access to high-quality patiengt care." As of last she said, about 40 percent of the region'sz hospitals had total margins that reachedc the 4 percent to 6 percent threshold considered adequats for long-term sustainability.
"Nevertheless," Koutsouradis "a third of this region's hospitals lost money on patienft care and had to try to make up the differencde through other incomeand investments, a strategt that is particularly unreliable right now, with Wall Street'sx volatility."

Universal Display: A Real Work of (Prior) Art? - Seeking Alpha

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Universal Display: A Real Work of (Prior) Art? Seeking Alpha When Universal Display Corporation origin »

Survey: Americans lack knowledge about generics - Phoenix Business Journal:

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And, while research has shownh that generics have saved the healtnh care system anestimated $734 billiohn in the last 10 years, two-thirdw of those surveyed don’t know the true cost differencez between generic and brand name according to the surve conducted by , a leadinh pharmacy benefit management organization. “Usinhg generics helps make health care more affordable withoutcompromising results,” Jacqueline Kosecoff, Prescription Solutionsa CEO said in a news release.
“Manuy Americans erroneously believe that the most expensive drug is always the most effective drug, so by helping to change perceptions, we can help peopld save money and still get the best treatment available.” Thirty-one percent of respondentsa indicated they knew that a brand name drug cost 50-70p percent more on averages than its generic counterpart. Seventy-one percenty of consumers remain concerned about drug costs with more than one infour (27 having either delayed not filled, or not taken as directed a prescriptiobn drug to save money.
Twenty-one percent of all respondents say they have talked to their doctor recently aboutf switching to a lessexpensive Fifty-seven percent of those polled said they take prescriptio drugs weekly. Of those, 83 percent (or 47 perceng of the total sample) take generics. Of thosd who do not take generic drugs on aweekly basis, 58 percenrt say it is because there is no generiv available for the drug they need. Sixty-fourd percent of those who take genericsw say their doctor recommended them and 43 percent say thei pharmacistrecommended them.
Of thos e who do not take generic drugs on aweeklu basis, 58 percent say they would if theier pharmacist brought a generic to their attention as a less identical substitute; and 52 percent say their doctod would have to recommend it.

Apthorp drops lawsuit against IRBC - Irish Times

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Apthorp drops lawsuit against IRBC Irish Times The lawsuit was discontinued without prejudice upon the application of Apthorp Associates, Judge Jeffrey Oing said in a ruling filed on Tuesday.. Apthorp's request for a temporary injunction to prevent the sale of the loan was withdrawn with prejudice ...

Collegiate appoints board members - The Business Journal of Milwaukee:

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• Nelea Absher, vice president and associatergeneral counsel, • Anne-Marie Brown, • Suzanne Oldham, founder, Tuffy Wood, managing Morgan Keegan & Co. • Cindy Skarbek, director of the Bashar Masri, director and seniof engineer of . Four trusteexs were reappointed tothe school’s They are: • Marine management consultant Barker who will serve as board president for the 2009-10 school year; • Merrell Wall Grant, general manager of the Monogramm line for , and 1974 who will serve as vice president; • Formerd Brown-Forman vice chairwoman and CFO Phoebwe Wood, who will serve as treasurer; and • Formee management consultant Leslie Geoghegan, who will servse as secretary.
Corrie Nichols, president of the Louisville Collegiate SchoolParents Association, will servre as parent representative on the board. Former Brown-Forma president Bill Street, whose term on the board was named adirector emeritus.

Tax on First Homes, Higher Property Valuations and Pension Reform but No ... - Corriere della Sera English

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Tax on First Homes, Higher Property Valuations and Pension Reform but No ... Corriere della Sera English Two thirds of the new levies will be on real property, in other words homes, and financial wealth, including sums repatriated under the “tax shield”, as well as luxury cars, boats and private planes. Twenty billion euros of the €30 billion (€20 billion ... and more »

Enigmatic Bobby V is introduced in Boston - Yahoo! Sports

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Yahoo! Sports

Enigmatic Bobby V is introduced in Boston Yahoo! Sports Based on a 35-minute press conference alone, it's a place of teary entrances, of unapologetic (and slightly resistive) looks back (for the sake of the New Yorkers in the crowd) and of an admission he dared ... < nobr>and more »

Johns Hopkins, Colliers Pinkard among bankrupt developer Opus East's creditors - Austin Business Journal:

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Opus, which developed more than 13 millio square feet of commercial space in the regionsincd 1994, . The 210-page list of creditoras did not specify whether they were secured or nor did it say how much money each was Amongthe firm’s largest creditors is , whic is seeking more than $25 million from Opus tied to a 160,000-square-fooyt office it was building for defense contractord (NYSE: NOC) in Linthicum The bank sued Opus subsidiary Nursery Corner BB LLC in Anne Arundel County Circuigt Court on June 29, claimingb Opus defaulted on the loan, according to court documents.
In its bankruptcgy filing, Opus listed assets of between $50 million and $100 million and liabilitiee ofbetween $100 milliom and $500 million. Other notable Baltimore-area firma listed included: in Baltimore; Century Engineering; the Economivc Alliance of Greater Baltimore; ; Americah Office Equipment Co. Inc.; ; ; and Klepper & Kahl LLP. The U.S. Bankruptcy Court in Delaware has schedules a creditors meeting to be heldJuly 22.