| 'I can't afford to get sick'
"I can't afford to get sick," the Hagerstown resident said. "Recently, I had a fever, sore throat and really bad head congestion. But I decided to ride it out." Miller said she works about 30 hours a week in retail. But as a part-timer, she doesn't qualify for health care coverage. And with her wages, she can't afford a private policy of her own. "I hate not having health insurance," she said. "But from the quotes I've received, all of my money would go for premiums. I have rent, utilities and car payments to consider." Miller said she did find a doctor who has put her on an installment plan when she needs medical care. "But there were times when I should have gone to the doctor that I didn't," she said.
Burger King a sign of Havana growth
Goldco Inc., a franchiser based in Dothan, Ala., with more than 50 Burger King restaurants in Alabama, Georgia and Florida and the first national fast food franchise company to look seriously at Havana, decided to build a Burger King here. Its economic impact on the community will be powerful. .
Stephen Nash Named State Judiciary’s Finance Director
Nash, who stepped into his new role last week, formerly served as assistant director of finance for the Administrative Office of the Courts beginning in 2002. As chief financial officer, he will oversee the judicial branchs fiscal services, which include budget management and planning, procurement and contract services, accounting, and auditing. In this new capacity, I very much look forward to working on financial matters with court leaders throughout the state, as well as in coordination with our colleagues in the executive and legislative branches, Nash said, noting he was thrilled to be taking on this new challenge. Vickrey said of the new financial director: While serving as assistant director for Budget Management in the AOCs Finance Division for the past five years, Mr.
Nigeria: Deap Capital Records 800 Percent Return On Investment
One of Nigeria's frontline fund-management companies, DEAP Capital Management & Trust Plc, last week, in Lagos proclaimed industry record of 800 percent return on investment for shareholders in four years. At the company's yearly investors/brokers forum held in Lagos, Thursday, DEAP's Managing Director, Mr. Emmanuel Ugboh, addressed the over 200 guests, including shareholders, brokers and financial analysts. .
On the move: Kathryn A. Bickel
Kathryn A. Bickel has been named director of real estate for U.S. operations for Contours Express corporate headquarters in Nicholasville. Bickel brings more than 20 years of experience in sales and marketing to the company, which specializes in womens gyms. Prior to joining Contours Express, Bickel was affiliated with Milestone Realty Consultants as a Realtor. She spent 15 years with AT&T in various divisions, including San Francisco; Fort Lauderdale, Fla.; Los Angeles, Louisville and Atlanta. Bickel was a member of Amdahl North Americas software sales team and a market analyst for Siemens Electromechanical Components. She also served as the coordinator for Bluegrass Community and Technical Colleges business and industry outreach programs.
Business Topics by Industry
With its sales shriveling even more than analysts feared, Advanced Micro Devices Inc. is imposing a partial hiring freeze and clamping down on other major expenses as the slumping chip maker tries to weather a fierce battle with Intel Corp.
The cost-cutting measures outlined Monday accompanied a first-quarter warning that signaled the Sunnyvale, Calif.-based company's recent troubles are worsening.
AMD said its revenue for the three months ending in March totaled $1.23 billion, well below the company's initial estimates of $1.6 billion to $1.7 billion. Analysts had projected first-quarter revenue of $1.55 billion.
Deals
Warren Buffett's Berkshire Hathaway Inc., the largest shareholder in Burlington Northern Santa Fe Corp., boosted its stake to 10.9 percent last week as rail stocks hovered near all-time highs.
VB versus Java
John Pusatera wrote to me with this question, "I am not a professional programmer, but I always wondered how the professional community viewed Visual Basic compared to Java." A professional developer has one rule that overrides all the others: Do what the boss wants done. If the boss needs Java development, thats what you do. If the boss needs VB, do that instead. The most significant project I ever managed used a technology that I knew, in advance, was going nowhere. (At the time, it was branded PacBase. Its been absorbed by IBM now and doesnt really exist anymore.) We used PacBase because people who were in authority before I got the project responsibility had committed the company. I didnt have any real choice. I hated it. I almost went insane. But we finished the project.
Waverly woman charged with embezzlement
Official charges were brought Thursday, March 29, against a Waverly woman accused of stealing over $56,000 from the Malta Bend School district, court records indicate. Carla J. Dankenbring, 33, of Waverly, was charged with a class B felony count of theft/stealing. A class B felony carries the possibility of a 5-15 year prison term. According to a probable cause report Dankenbring is suspected of stealing $56,549.58 in school funds from the Malta Bend School district. Authorities suspect Dankenbring of diverting school funds to her own or family members' personal financial accounts over a period of approximately two years when Dankenbring worked as an employee of the district. School officials noticed discrepancies in school accounts while implementing a new bookkeeping system at the school.
Corporate Sellers Find Success in Sale-Leaseback Deals
Several big corporations continue to take advantage of the overheated investment sales market, choosing to give up their role as landlords and become tenants in choice properties across the country. Among those seeking to cash out their real estate: Sun Microsystems is getting ready to hit the market near Boston with the sale of its property in Burlington, MA. The technology company has tapped Jones Lang LaSalle to market the property to prospective buyers. Pricing is expected to be in excess of $200 million, according to sources familiar with the offering. The property includes 805,000 square feet of Class A office space within seven interconnected buildings on a 158-acre site. It can hold additional development and is permitted for as much as 500,000 square feet of Class A office space.
Winston Hotels Agrees to be Acquired by Inland American Real ...
RALEIGH, N.C. -- Winston Hotels, Inc. (NYSE:WXH), a real estate investment trust and owner of premium limited-service, upscale extended-stay and full-service hotels, today announced that it has entered into a definitive agreement and plan of merger pursuant to which Inland American Real Estate Trust, Inc. has agreed to purchase 100% of the outstanding shares of common stock and Series B preferred stock of the company. In the merger, each share of company common stock will be converted into the right to receive $15.00 in cash, regardless of any fees payable in connection with Winston Hotels' previously terminated merger agreement. Pursuant to the terms of the agreement and plan of merger with Inland American, dividends will not be paid on the common stock. In addition, each share of company Series B preferred stock will be converted into the right to receive $25.44 per share (or $25.38 per share if the effective time of the merger occurs after June 30, 2007, and on or prior to September 30, 2007) in cash, plus any accrued and unpaid dividends as of the effective time of the merger.
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