Tax-free budget in Assam, sops for rural poor

GUWAHATI – Assam Chief Minister Tarun Gogoi Monday presented a populist tax-free budget with lots of sops for the rural poor, besides incentives for the education sector, jobs for the unemployed and welfare measures for women in a bid to woo voters ahead of next year’s assembly elections.

The Rs.3.464.46 crore deficit budget for the …. Source article on Gaea Times at  : Tax-free budget in Assam, sops for rural poor.

L&T bags Rs.2,000 crore order from Managalore Petrochemicals

MUMBAI – Engineering and construction major Larsen and Toubro Friday said it has won a Rs.2,035-crore order from the state-run Managalore Petrochemicals, a unit of Oil and Natural Gas Corp.

The fresh order is for setting up a new complex which will manufacture aromatic products like paraxylene and benzene at the Mangalore Special Economic Zone in … Read : L&T bags Rs.2,000 crore order from Managalore Petrochemicals.

Indian fertiliser company set up unit in Ghana

NEW DELHI – Indian Farmers Fertiliser Cooperative (Iffco), a multi-state non-profit organisation, is setting up a unit in Ghana to meet the needs of the African nation and also export the surplus to India, says Vice President John Dramani Mahama.

“We have recently discovered gas in our country. This will be available for fertilisers. Accordingly, Iffco …. Source article on Gaea Times at  : Indian fertiliser company set up unit in Ghana.

US lawmakers step up attacks on China’s currency policies ahead of Nov. elections

US lawmakers attack China ahead of Nov. elections
WASHINGTON – China is once again the country Congress loves to hate.
After a lull last year, U.S. politicians jockeying ahead of crucial November elections have stepped up attacks on China as a way to win support from voters worried that the Asian power is taking American …. Original source  : US lawmakers step up attacks on China’s currency policies ahead of Nov. elections.

Health Care 101: If Obama’s bill passes, the changes start small and keep getting bigger

Health Care 101: A consumer primer on Obama’s bill
WASHINGTON – It took lawmakers a year to shape President Barack Obama’s health care bill. If it finally passes Congress, it’ll take the better part of a decade to write the user manual for consumers and doctors, employers and insurance companies.
Some health insurance consumer protections …. Original source  : Health Care 101: If Obama’s bill passes, the changes start small and keep getting bigger.

Obama travels to Ohio, rallying support for health care overhaul that Dems admit lacks votes

Obama heads to Ohio looking for health care votes
WASHINGTON – Still seeking votes for his proposed health care overhaul, President Barack Obama appears ready to reverse his position and allow unpopular deal-sweetening measures in the hopes of finding Democratic support for legislation whose future will be decided in coming days.
Increasingly eager to finish … Original article on : Obama travels to Ohio, rallying support for health care overhaul that Dems admit lacks votes.

With money and politics at stake, US census forms arrive in the mail; next few weeks critical

US census forms arrive in the mail: What to expect

WASHINGTON – Let the count begin.
More than 120 million U.S. census forms begin arriving Monday in mailboxes around the country, in the government’s once-a-decade population count that will be used to divvy up congressional seats and more than $400 billion in federal aid. Fast-growing states in … Original article on : With money and politics at stake, US census forms arrive in the mail; next few weeks critical.

India-Africa business conclave opens with large African participation

NEW DELHI – Making a strong pitch for scaling up trade and investment with Africa, India’s External Affairs Minister S.M. Krishna Monday inaugurated a two-day conclave that is set to renew economic momentum between the two sides with business projects worth at least $10 billion.

“We wish to make the positive emotive engagement between India …. Source  : India-Africa business conclave opens with large African participation.

Investors meet on Kerala’s Vizhinjam port next month

THIRUVANANTHAPURAM – An investors meet will be held next month for the proposed Vizhinjam port in Kerala and work on the project will start during the tenure of the Left government, Ports Minister M.Vijayakumar told the assembly Monday.

He said the meeting would help identify the investor for the proposed port.
“By November-December, we are confident … Read more »»».

India’s annual inflation rose to 9.89 percent in February

NEW DELHI – Driven by increasing food prices, India’s annual rate of inflation, based on the wholesale price index, rose to 9.89 percent in February from 8.56 percent in the previous month, official data revealed Monday.

The annual inflation rate was 3.5 percent in February 2009.
The latest data released by the commerce ministry showed food …. Read the original article  : here.

Vermont dairyman targeted in immigration probe says he thought workers had proper documents

Vermont dairy farmer talks about immigration probe

BAKERSFIELD, Vt. – A Vermont dairy farmer who was among those targeted in a federal crackdown on undocumented workers says he thought three illegal workers had proper documentation.
Clement Gervais (JAR-vis) believes his family’s farm has been cleared following the November inspection by immigration officials, but federal officials say four …. Read the original article  : here.

Israeli media: US demanding cancellation of contentious east Jerusalem building plan

Reports: US wants Israel to cancel building plan

JERUSALEM – Israeli media reported Monday that the U.S. is pressing Israel to scrap a contentious east Jerusalem building project whose approval has touched off the most serious diplomatic feud with Washington in years.
Top U.S. officials have lined up in recent days to condemn the Israeli plan to … Read the original article on Gaea Times at : Israeli media: US demanding cancellation of contentious east Jerusalem building plan.

Punjab National Bank gets nod for IT subsidiary

NEW DELHI – The state-run Punjab National Bank (PNB), India’s third-largest lending institution, will soon set up an IT susidiary to provide technology-related assistance to the country’s growing financial sector.

“We have the technical know-how in the area of financial services and we want to share this know-how. So we applied for permission and the finance … Read : Punjab National Bank gets nod for IT subsidiary.

Asian stocks fall after mixed reports about US economy; oil dips below $80 a barrel

Asian stocks fall after mixed US economic reports

HONG KONG – Asian stock markets sank Monday after mixed economic reports about the U.S. economy inspired caution among investors.
Major bourses were down as much as 1 percent after a lackluster session on Friday. Oil prices dropped below $81 a barrel and the dollar gained against the euro …. Source article  : Asian stocks fall after mixed reports about US economy; oil dips below $80 a barrel.

Survey: Online news consumers have favorites, but little loyalty, and don’t want to pay

Survey: Readers don’t want to pay for news online

NEW YORK – Getting people to pay for news online at this point would be “like trying to force butterflies back into their cocoons,” a new consumer survey suggests.
That was one of several bleak headlines in the Project for Excellence in Journalism’s annual assessment of the state … Read the original article on Gaea Times at : Survey: Online news consumers have favorites, but little loyalty, and don’t want to pay.

India, US set to boost high-technology trade

WASHINGTON – India and the US hope to significantly expand bilateral cooperation in critical areas like defence/strategic trade, civil nuclear cooperation, biotechnology, nano-technology and civil aviation after two-day talks on high technology starting here Monday.

Indian Foreign Secretary Nirupama Rao arrived here Sunday to co-chair the seventh meeting of the India-US High Technology Cooperation Group (HTCG), … Read this article on Gaea Times at : India, US set to boost high-technology trade.

Money Market Operations as on March 12, 2010

…. Original article  : Money Market Operations as on March 12, 2010.

French voters slap Sarkozy’s conservatives down in round 1 of regional election

Sarkozy’s party humbled by leftists in French vote

PARIS – French voters scarred by economic crisis dealt President Nicolas Sarkozy and his conservative leadership a stern blow Sunday by strongly favoring leftist candidates in regional elections, according to near-complete official results.
Some took their worries about immigration and France’s growing Muslim population to the ballot box – … Read this article on Gaea Times at : French voters slap Sarkozy’s conservatives down in round 1 of regional election.

World’s biggest state wealth fund in oil-rich Abu Dhabi sheds new light with first-ever report

Abu Dhabi sovereign wealth fund starts to open up

ABU DHABI, United Arab Emirates – The Abu Dhabi Investment Authority broke with its customary privacy by issuing its first yearly statement Monday, marking one of the biggest steps yet by the world’s largest sovereign wealth fund to increase transparency.
The document, called an “annual review,” provides a … Original article on : World’s biggest state wealth fund in oil-rich Abu Dhabi sheds new light with first-ever report.

France’s Socalist-led left dominate Sarkozy’s conservatives in regional election

Sarkozy’s party loses first-round vote in France

PARIS – France’s Socialist-led left defeated Nicolas Sarkozy’s conservatives in the first round of regional elections Sunday, according to partial official results, in a new blow to the increasingly unpopular president.
Many voters blame Sarkozy and the governing conservatives for failing to protect jobs amid France’s worst economic downturn since … Original article on : France’s Socalist-led left dominate Sarkozy’s conservatives in regional election.

Eagle conferencing offers subscribers free conferencing to U.K

LONDON/ BANGALORE – Eagle Conferencing in a significant move has introduced a new offer to subscribers providing free conference calls between India and the U.K.

This groundbreaking and aggressive pricing design allows organizations registered with Eagle Conferencing to conduct audio conferences with business partners or …. Source article on Gaea Times at  : Eagle conferencing offers subscribers free conferencing to U.K.

Britain set to lose clash with France on new hedge fund rules

UK clashes with France on hedge fund rules

BRUSSELS – Britain, Europe’s center for investment funds, is set to lose a clash with France on new, tougher EU rules for the hedge fund industry that finance ministers will haggle over on Tuesday.
Paris leads most EU governments in favoring greater restrictions for alternative investment funds based outside …. Source  : Gaea News Network.

Obama turns up the heat on wavering Dems as lawmakers start countdown toward health care vote

Wavering Dems in Obama’s sights on health vote
WASHINGTON – Days away from a make-or-break vote on his health care overhaul, President Barack Obama is turning up the pressure as only presidents can, as Democratic leaders make a desperate scramble for votes.
The president is wooing freshman Democrats in the Oval Office, holding at least … Read the original article on Gaea Times at : Obama turns up the heat on wavering Dems as lawmakers start countdown toward health care vote.

PROMISES, PROMISES: AP review finds government use of FOIA exemptions up despite Obama pledge

PROMISES, PROMISES: Is gov’t more open with Obama?
WASHINGTON – The government’s use of legal exemptions to keep records secret rose during President Barack Obama’s first year in office, despite promises of increased openness, an Associated Press review found.
The review of annual Freedom of Information Act reports filed by 17 major agencies found that … Read more »»».

Michelle Obama takes campaign to end childhood obesity to the country’s largest food makers

Michelle Obama talks anti-obesity to food giants

WASHINGTON – Michelle Obama has talked to schools and nutrition groups across the country in her effort to reduce childhood obesity. On Tuesday she will face the food companies that make the snacks and junk food that stuff grocery aisles and school vending machines.
Not that the companies mind. The … Read more »».

Oil hovers below $80 in Asia as investors eye US Federal Reserve, OPEC meetings

Oil below $80 ahead of Fed, OPEC meetings
SINGAPORE – Oil prices extended losses below $80 a barrel Tuesday in Asia as investors eyed meetings of the U.S. central bank and OPEC for trading catalysts.

Benchmark crude for April delivery was down 17 cents to $79.63 a barrel at late afternoon Singapore time in electronic trading on … Read more >>>.

Asian stock markets turn in mixed performance ahead of Fed statement; oil below $80

Asian stocks mixed ahead of Fed statement
HONG KONG – Asian stock markets were mixed Tuesday as investors held back ahead of the U.S. Federal Reserve’s latest assessment of the world’s largest economy.

It marked the region’s third consecutive day of mediocre trade. Oil prices wallowed below $80 a barrel, while the dollar weakened against the yen … Read this article on Gaea Times at : Asian stock markets turn in mixed performance ahead of Fed statement; oil below $80.

Dueling financial reform plans in US, Europe, Asia could hurt efforts to avoid future crises

Financial reform efforts pit US against Europe

NEW YORK – U.S. policymakers are struggling to agree on new rules to avoid another financial crisis.
A global consensus? Even harder.
Efforts are raging on three continents, with at least as many ideas about the proper fixes. Unless the U.S., Europe and Asia adopt uniformly strict regulations, banks and high-risk … Read more : Dueling financial reform plans in US, Europe, Asia could hurt efforts to avoid future crises.

Debate heats up at Fed over how and when to signal higher interest rates

Fed weighs how and when to signal higher rates

WASHINGTON – Debate is heating up within the Federal Reserve over how and when to signal that the days of record-low interest rates are numbered.
A rate hike isn’t imminent. But at their meeting Tuesday, Federal Reserve Chairman Ben Bernanke and his colleagues will likely focus on how … Read more »»».

Jackson estate cuts up to $250 million posthumous recording deal with Sony Music

Jackson estate in record deal worth up to $250 mln

LOS ANGELES – Even in death, Michael Jackson is breaking new records.
The King of Pop’s estate has signed the biggest recording deal in history: a $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the …. Original article  : Jackson estate cuts up to $250 million posthumous recording deal with Sony Music.

Obama pitches health care as Dems point toward a vote and progress in courting lawmakers

Dems start countdown toward health care vote
WASHINGTON – Democratic congressional leaders showed signs of progress Monday in winning anti-abortion Democrats whose votes are pivotal to President Barack Obama’s fiercely contested remake of the health care system.
Obama expressed optimism Congress would approve his call for affordable and nearly universal coverage as he … Read more »».

Dot-com domain marks 25th anniversary

SAN FRANCISCO – The dot-com domain, which helped launch some of the most pioneering and successful internet companies, marked its 25th anniversary Monday.

“For anyone under the age of 30, they probably don’t remember when the Internet wasn’t in their life. It’s become such an essential part of how we work, live and play,” said Mark … Read : Dot-com domain marks 25th anniversary.

Mo. warns renters seeking tax credit that to qualify their landlords must pay property taxes

Landlords must pay taxes for renters to get credit

COLUMBIA, Mo. – Missouri tax officials are warning people who live in rented housing that they do not qualify for a tax break unless their landlords pay property taxes.
Low-income disabled people and senior citizens are entitled to a property tax credit on their state tax returns of … Original article on : Mo. warns renters seeking tax credit that to qualify their landlords must pay property taxes.

25 people confirmed dead in electrical fire at coal mine in central China

25 dead in central China coal mine fire
BEIJING – An electrical fire at an illegal coal mine in central China has left 25 people dead, the latest fatal accident to rock the country’s mining industry.

Three people – the mine’s owner, manager and an investor – have been detained by police following the Monday night blaze … Read more »»».

People familiar with negotiations: Mark Reynolds, Arizona agree to $14.5 million, 3-year deal

AP source: Arizona, Reynolds agree to $14.5M deal

TUCSON, Ariz. – Arizona slugger Mark Reynolds says he’s agreed to terms on a new contract with the Diamondbacks.
Two people familiar with the talks said on Monday that the deal was worth $14.5 million over three years and includes an $11 million club option for 2013. They spoke …. Source article on Gaea Times at  : People familiar with negotiations: Mark Reynolds, Arizona agree to $14.5 million, 3-year deal.

US unveils new broadband plan

WASHINGTON/SAN FRANCISCO – The US government has unveiled a new plan for high-speed internet access that will give the US “the fastest and most extensive wireless network in the world”, according to an executive summary of the proposal released Monday by the Federal Communications Commission (FCC).

The plan formulated by the FCC heralds a revolution in …. Source  : US unveils new broadband plan.

California pension fund makes move that is likely to increase its influence over corporations

Calif. pension fund seeks to boost its influence

SACRAMENTO, Calif. – The board of California’s giant public pension fund voted Monday to remove the limit on the number of shareholder proposals it can issue to companies in its portfolio.
Lifting the number of proposals its board can file each year means the fund’s influence is likely to …. Original source  : California pension fund makes move that is likely to increase its influence over corporations.

New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestly

9 bailed-out banks report declines in new lending

WASHINGTON – The Treasury Department said Monday that new lending plummeted in January at the nine largest banks that have yet to repay their taxpayer bailouts.
Treasury’s monthly survey of bank lending shows overall new loan origination dropped 35 percent from December’s level. Treasury says the drop “may be …. Source article on Gaea Times at  : New lending at 9 bailed-out banks plummets in January, but overall loan balances rise modestly.

Abbott Laboratories gives CEO almost $22 million in pay, down on lower stock options

Abbott CEO’s pay falls on reduced stock options

WASHINGTON – The chairman and CEO at Abbott Laboratories received a 13 percent drop in total compensation last year, mainly as a result of reduced stock options.
The North Chicago-based company disclosed in a regulatory filing Monday that Miles White’s total compensation as $21.9 million, down from $25.3 million …. Source  : Gaea News Network.

Mo. utility regulators consider AmerenUE’s request to increase electric rates $320M

Mo. regulators consider AmerenUE’s $320M rate case

JEFFERSON CITY, Mo. – Customers of Missouri’s largest electricity provider appear likely to see a rate increase. The biggest question is how much more they will pay.
State utility regulators began hearing testimony Monday on a rate increase sought by St. Louis-based AmerenUE, whose 1.2 million customers are located largely …. Original source  : Mo. utility regulators consider AmerenUE’s request to increase electric rates $320M.

Va. man named as passenger in small plane that struck, killed jogger during SC beach landing

Va. man was passenger in plane that killed jogger

HILTON HEAD ISLAND, S.C. – Authorities say a Virginia man was the passenger in a small plane that hit and killed a jogger during an emergency landing on a South Carolina beach.
The Island Packet newspaper in Hilton Head reported that the sheriff’s office Tuesday named the passenger … Original source on Gaea Times at : Va. man named as passenger in small plane that struck, killed jogger during SC beach landing.

German retailer Metro net income down 7 percent in 2009 to $716 million

Metro 2009 net income falls 7 percent
FRANKFURT – German retailer Metro AG says its 2009 net income fell 7 percent to euro519 million ($716 million) as the economic downturn cut into sales at most divisions, including its Kaufhof department stores and Cash & Carry wholesale outlets.

Metro, Germany’s biggest retail group, reported net income of euro558 … Read : German retailer Metro net income down 7 percent in 2009 to $716 million.

Asian markets climb as US, Japan central bank moves buoy recovery hopes; oil cracks $82

Asia stocks up after US, Japan central bank moves

HONG KONG – Asian stock markets pushed higher Wednesday as U.S. and Japanese central banks promised to maintain loose monetary policies, buoying hopes for recovery in the world’s two largest economies.
Major markets advanced as much as 2 percent and crude oil prices cracked $82 a barrel as … Read the original article on Gaea Times at : Asian markets climb as US, Japan central bank moves buoy recovery hopes; oil cracks $82.

Italy’s largest bank Unicredit says 4th quarter earns fell 27 percent

Unicredit Q4 profit slides 27 percent
MILAN – Unicredit SpA, Italy’s largest bank, on Wednesday reported a 27 percent drop in fourth-quarter net profit due to a decline in interest income and an increase in provisions to cover bad loans.

The net profit of ???371 million ($509 million) was down from ???505 million a year earlier.
The bank … Read this article on Gaea Times at : Italy’s largest bank Unicredit says 4th quarter earns fell 27 percent.

Senate poised to clear jobs bill for Obama’s signature

Senate poised to clear jobs bill for Obama
WASHINGTON – Companies that hire unemployed workers get a temporary payroll tax holiday under a bill headed for likely Senate passage Wednesday.
A positive vote would send the legislation to the White House for President Barack Obama’s signature.
It would be the first of several election-year jobs bills …. Source article  : Senate poised to clear jobs bill for Obama’s signature.

FACT CHECK: Obama’s claim that premiums would fall under his health plan misses the fine print

FACT CHECK: Premiums would rise under Obama plan
WASHINGTON – Buyers, beware: President Barack Obama says his health care overhaul will lower premiums by double digits, but check the fine print.
Premiums are likely to keep going up even if the health care bill passes, experts say. If cost controls work as advertised, … Read more : FACT CHECK: Obama’s claim that premiums would fall under his health plan misses the fine print.

Plane lands on SC beach, killing jogger who never knew what hit him

Beach jogger killed by plane likely never heard it

HILTON HEAD ISLAND, S.C. – The kit-built single-engine plane had turned into a glider, almost silently trying to make an emergency landing along a stretch of beach. Pharmaceutical salesman Robert Gary Jones, ear buds in, listening to his iPod while jogging neither saw nor heard it and … Read more >>.

Paper company’s need for wood highlights problems with tree-destroying US gypsy moths

Need for wood highlights US insect problems

COLUMBIA, S.C. – International Paper Co. has had to look beyond its usual suppliers for wood for its central South Carolina mill and turn to places that are known to have tree-destroying gypsy moths.
That’s because months of rainfall in most of the South has left the ground soggy, which …. Source  : Paper company’s need for wood highlights problems with tree-destroying US gypsy moths.

Oil rises above $82 in Asia as US crude supply report suggests demand may be improving

Oil above $82 as traders eye US supplies, OPEC

SINGAPORE – Oil prices rose above $82 a barrel Wednesday in Asia after a report showed U.S. crude inventories grew less than expected last week.
Benchmark crude for April delivery was up 55 cents to $82.25 a barrel at late afternoon Singapore time in electronic trading on the …. Source article on Gaea Times at  : Oil rises above $82 in Asia as US crude supply report suggests demand may be improving.

Asian markets push higher as Fed, Greece news buoy confidence; HK up nearly 2 pct

Asia stocks up as Fed, Greece news buoy confidence

HONG KONG – Asian stock markets pushed higher Wednesday after the U.S. central bank again pledged to hold interest rates low and gave a mildly optimistic assessment of the world’s largest economy.
Major markets advanced by 1 percent or more and crude oil prices cracked $82 a barrel [..] Read the original article: here.

Mexico’s government announces austerity plan to trim spending $3 billion over 3 years

Mexico announces austerity plan to save $3 billion

MEXICO CITY – Mexico’s government has announced an austerity plan for trimming general spending $3.2 billion (40.1 billion pesos) over the next three years so it can provide more money for social and infrastructure programs.
The Finance Department says the plan includes a freeze on pay raises this year …. Original source  : Mexico’s government announces austerity plan to trim spending $3 billion over 3 years.

State prison population drops for 1st time since 1972; report suggests budget woes responsible

State prison numbers drop for 1st time since 1972

NEW YORK – Spurred by budget crises, California and Michigan together reduced their prison populations by more than 7,500 last year, contributing to what a new report says is the first nationwide decline in the number of state inmates since 1972.
The overall drop was slight, according to … Original article on : State prison population drops for 1st time since 1972; report suggests budget woes responsible.

Money Market Operations as on March 15, 2010

…. Source article  : Money Market Operations as on March 15, 2010.

Visteon bankruptcy judge denies request to halt termination of retiree benefits pending appeal

Visteon judge won’t halt benefits termination

WILMINGTON, Del. – A Delaware bankruptcy judge on Tuesday refused to halt implementation of his order allowing auto parts supplier Visteon Corp. to terminate its retirees’ health and life insurance benefits.
An attorney for a union representing some 2,100 people who worked at two Visteon plants in Indiana argued Tuesday that … Read more : Visteon bankruptcy judge denies request to halt termination of retiree benefits pending appeal.

Recalled products linked to potential salmonella risk: Tostachos corn chips, onion dip mix

Product recalls: Tostachos corn chips, dip mix

The following products are being recalled because they could be contaminated with salmonella, an organism that can cause serious and sometimes fatal infections in young children and others with weakened immune systems:
Barcel USA is recalling certain lots of Tostachos. The recalled flavored corn chips come in 3.17-ounce packages and …. Original article  : Recalled products linked to potential salmonella risk: Tostachos corn chips, onion dip mix.

Senators introduce bill to pressure China to allow currency to rise in value against dollar

Senators back bill to pressure China on currency
WASHINGTON – A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese “currency manipulation” is hurting the U.S. economy.
The bill calls for stiff trade sanctions if China …. Original source  : Senators introduce bill to pressure China to allow currency to rise in value against dollar.

Rockford jobless rate nears 20 percent; 11 of 12 metro area rates at 10 percent or higher

Rockford jobless rate nears 20 percent
CHICAGO – The greater Rockford area is just a few tenths of a point shy of an inglorious milestone: a 20 percent jobless rate.

Data released Tuesday showed none of Illinois’ top 12 metropolitan regions are fairing well, but unemployment in the Rockford area is the state’s highest at 19.7 percent.
“It … Read more »»».

Bernanke to make case for Federal Reserve keeping all banking supervision powers

Bernanke to wage fresh battle for Fed powers

WASHINGTON – Federal Reserve Chairman Ben Bernanke plans to wage a fresh battle against Senate efforts to scale back the Fed’s role in supervising the nation’s banks.
In testimony prepared for a House hearing on Wednesday obtained by The Associated Press, Bernanke argued that the Fed factors in information … Read this article on Gaea Times at : Bernanke to make case for Federal Reserve keeping all banking supervision powers.

15 GOP lawmakers join Democrats in rejecting Senate earmark ban

Senate rejects freeze on earmarks
WASHINGTON – The Senate on Tuesday easily killed a move by conservative Republicans to temporarily ban senators from earmarking spending bills with back-home projects like roads, water projects and grants to local governments.

Fifteen Republicans joined with most Democrats in rejecting the moratorium on earmarks by a 68-29 vote.
It’s a far different … Original source on Gaea Times at : 15 GOP lawmakers join Democrats in rejecting Senate earmark ban.

Nebraska lawmakers begin closing budget gap, but have eye toward a bigger hole in future

Neb. lawmakers begin closing budget gap
LINCOLN, Neb. – Nebraska lawmakers on Tuesday gave first-round approval to a plan to close a roughly $48 million gap in the current, two-year state budget while casting an eye toward what could be a massive budget hole next year.

“There’s not much that would have to go awry and we [..] Read the original article: here.

Calif. state parks would be smoke-free (mostly) if Legislature passes landmark bill

Calif. considers smoking ban at all state parks

SACRAMENTO, Calif. – California lawmakers on Thursday will consider what is believed to be the nation’s most far-reaching smoking ban in state parks as a way to get unsightly cigarette butts off the beach, eliminate second-hand smoke and reduce the threat of wildfires.
Maine banned smoking at its state … Read more >>>.

Corporation Bank LIC Tie Up

MANGALORE, INDIA (GaeaTimes.com)- Corporation Bank, based in Mangalore is on an expansion overdrive as it seems from its recent activities. It is planning to open a number of new branches in India and to fill up the vacancies it has issued recruitment notice. Apart from that, the bank has also formed an alliance with …. Original source  : Corporation Bank LIC Tie Up.

Texas Rangers manager Ron Washington apologizes for “one-time” cocaine use

Rangers manager tested positive for coke
PEORIA, Ariz. – Before he could end a long day unlike any in his professional career, Ron Washington had to prepare for a game.

Hours after admitting he made a “huge mistake” by using cocaine – he says for the first and only time – and failing a Major League Baseball … Read the original article on Gaea Times at : Texas Rangers manager Ron Washington apologizes for “one-time” cocaine use.

Reserve Bank Cancels the Licence of Rahuri Peoples Co-operative Bank Ltd., Rahuri. Maharashtra

In view of the fact that Rahuri Peoples Co-operative Bank Ltd., Rahuri. Maharashtra, had ceased to be solvent, all efforts to revive it in close consultation with the Government of Maharashtra had failed and the depositors were being inconvenienced by continued uncertainty, the Reserve Bank of India delivered …. Read the original article  : Reserve Bank Cancels the Licence of Rahuri Peoples Co-operative Bank Ltd., Rahuri. Maharashtra.

Asian stock markets mostly lower while euro slides amid concerns about Greece

Asian stock markets mostly lower, euro falls

HONG KONG – Asian stock markets were mostly lower Thursday while the euro weakened after Greece said it might seek international assistance to resolve its debt crisis.
The largely muted trade came after Wall Street advanced for the seventh straight day. Oil prices fell to near $82 a barrel.
Global markets … Read the original article on Gaea Times at : Asian stock markets mostly lower while euro slides amid concerns about Greece.

UAW OKs severance agreement in shutdown of Toyota plant in Calif.

UAW OKs severance pact in Calif. plant shutdown

FREMONT, Calif. – The union that represents workers at the New United Motor Manufacturing Inc., known as Nummi, have voted in favor of a proposed severance package for the 4,600 workers about to lose their jobs when the plant closes, according to a United Auto Workers official.
Though unable …. Source article  : UAW OKs severance agreement in shutdown of Toyota plant in Calif..

Oil falls to near $82 in Asia after 2-day rally on brighter US demand outlook

Oil falls to near $82 after 2-day rally
SINGAPORE – Oil prices fell to near $82 a barrel Thursday in Asia, paring two days of gains that were fueled by signs U.S. crude demand may be improving.

Benchmark crude for April delivery was down 75 cents to $82.18 a barrel at late afternoon Singapore time in electronic … Read the original article on Gaea Times at : Oil falls to near $82 in Asia after 2-day rally on brighter US demand outlook.

Toyota chief says worker development failed to keep up with automaker’s rapid growth

Toyota chief says training lapsed amid fast growth

TOKYO – Toyota’s training of workers to maintain quality control failed to keep up with the company’s rapid growth, its president Akio Toyoda said in an interview with a major Japanese business daily.
Toyoda, grandson of the automaker’s founder, said the problem became especially acute after Toyota’s global production … Read this article on Gaea Times at : Toyota chief says worker development failed to keep up with automaker’s rapid growth.

Report: Former top North Korean official executed for botched currency reform

Report: North Korean executed over currency reform

SEOUL, South Korea – North Korea executed a former senior official last week as punishment for the country’s botched currency reform, a news report said Thursday.
In November, North Korea redenominated its currency as part of efforts to lower inflation and reassert control over the country’s nascent market economy. However, …. Original source  : Report: Former top North Korean official executed for botched currency reform.

Money Market Operations as on March 17, 2010

… Read : Money Market Operations as on March 17, 2010.

Hooters workers sue restaurant chain, some Calif. locations over alleged wage, work violations

Hooters employees sue over work, wage violations

SACRAMENTO, Calif. – Three dozen current and former Hooters workers are suing over work and wage violations, saying they were forced to buy their own uniforms and work without pay.
Attorneys representing the former and current employees filed two lawsuits seeking class-action status Tuesday in Sacramento and Los Angeles. They … Read the original article on Gaea Times at : Hooters workers sue restaurant chain, some Calif. locations over alleged wage, work violations.

APNewsBreak: Report alleges Afghan security contractor fired shots that killed Indiana Marine

Report alleges Afghan contractor shot Ind. Marine

INDIANAPOLIS – The U.S. Marine Corps’ investigation of the February death of an Indiana Marine in Afghanistan concludes that he was fatally shot when an Afghan security contractor fired shots at a group of Marines.
The Marine Corps’ report, obtained Wednesday by The Associated Press through a Freedom of Information …. Source  : Gaea News Network.

Pennsylvania lawmaker calls health care ad outrageous and untrue, but group refuses to halt it

Lawmaker says health care ad distorts and hurts

WASHINGTON – A Pennsylvania lawmaker whose parents recently died of cancer is among the targets of an ad campaign by a conservative group that questions congressional Democrats’ interest in preventing the disease.
Democratic Rep. Kathy Dahlkemper said she was outraged by the ad, part of a widespread campaign in … Read more »».

Blacks must leave store, NJ Walmart announcer says, upsetting customers; company investigates

Black people must leave, NJ Walmart announcer says

WASHINGTON TOWNSHIP, N.J. – A Walmart store announcement ordering black people to leave brought chagrin and apologies Wednesday from leaders of the company, which has built a fragile trust among minority communities.
A male voice came over the public-address system Sunday evening at a store in Washington Township, in …. Read the original article  : Blacks must leave store, NJ Walmart announcer says, upsetting customers; company investigates.

Judge orders repair of treatment plants in US Virgin Islands after waste dumped into ocean

USVI judge orders halt to waste dumped in ocean

CHARLOTTE AMALIE, U.S. Virgin Islands – Federal authorities won a court order Wednesday requiring officials in this U.S. territory to repair sewage plants that have dumped raw waste at beaches renowned for snorkeling and surfing.
The islands’ Waste Management Authority dumped more than 50 million gallons (189 million … Original article on : Judge orders repair of treatment plants in US Virgin Islands after waste dumped into ocean.

Theravance says it will sell new stock to raise money for drug research or other purposes

Theravance plans to sell 7.5M shares of stock

SOUTH SAN FRANCISCO, Calif. – Drug developer Theravance Inc. said Wednesday it will sell 7.5 million shares of stock to raise money for general corporate purposes.
Theravance said the underwriters of the offering will have the option to buy another 1.1 million shares. The joint book-running managers of the [..] Read the original article: here.

Group: Idaho first to sign law that would sue federal government over health care overhaul

Idaho first to sign law aimed at health care plan
BOISE, Idaho – Idaho took the lead in a growing, nationwide fight against health care overhaul Wednesday when its governor became the first to sign a measure requiring the state attorney general to sue the …. Source  : Gaea News Network.

New rule on tarmac delays will come too late to help Virgin America fliers stranded in NY

New delay rule comes too late for Virgin fliers

NEW YORK – A new federal rule that is supposed to prevent travelers from being stranded on airport tarmacs will be implemented too late to help Virgin America passengers marooned for 4?? hours at a little-used New York airport.
Virgin America Flight 404 was forced to land at …. Original article on Gaea Times at  : New rule on tarmac delays will come too late to help Virgin America fliers stranded in NY.

Group: Idaho first to sign law that would sue federal government over health care reform

Idaho first to sign law against health care reform
BOISE, Idaho – Idaho is leading the charge in a states-rights push to defeat a proposal in Congress that would require people to buy health insurance, a key piece of reforms being pushed by President Barack Obama.
Republican Gov. C.L. “Butch” Otter used a ceremony Wednesday …. Source  : Gaea News Network.

McGraw-Hill Construction renews publishing deal with Associated General Contractors of America

McGraw-Hill renews magazine deal with contractors

ORLANDO, Fla. – McGraw-Hill Construction, part of publishing house The McGraw-Hill Companies Inc., said Wednesday it extended its publishing agreement with the Associated General Contractors of America for two more years.
McGraw-Hill Construction said it will continue to print “Constructor,” the official magazine of the contractors association, and produce the contractors’ … Read : McGraw-Hill Construction renews publishing deal with Associated General Contractors of America.

World stock markets gain as US economic reports boost sentiment; Tokyo up nearly 1 pct

World stock markets gain after US economic reports

HONG KONG – World stock markets turned higher Friday as modestly positive reports about the U.S. economy underpinned optimism about the global recovery.
Asian markets fluctuated earlier in the day before trading largely green while Europe opened moderately higher. Oil prices slipped below $82 a barrel, and the dollar …. Original article  : World stock markets gain as US economic reports boost sentiment; Tokyo up nearly 1 pct.

No new tax in Tamil Nadu deficit budget for 2010-11

CHENNAI – Tamil Nadu Finance Minister K. Anbazhagan Friday presented a deficit budget with no additional tax for the financial year 2010-11.

“The total revenue receipts of the government for 2010-11 are estimated at Rs.63,091.74 crore and the total revenue expenditure is estimated at Rs.66,488.19 crore. Accordingly, the revenue deficit is estimated at Rs.3,396.45 crore,” he … Read more : No new tax in Tamil Nadu deficit budget for 2010-11.

Health care bill would increase wage taxes, add new levy on investments for high earners

Health care bill extends wage tax to investments
WASHINGTON – High-income families would be hit with a tax increase on wages and a new levy on investments under President Barack Obama’s health care overhaul bill.
For the first time, the Medicare payroll tax would be applied to investment income, beginning in 2013. A new 3.8 … Read the original article on Gaea Times at : Health care bill would increase wage taxes, add new levy on investments for high earners.

Lloyds Banking Group expects to report a profit for 2010, says impairments less than expected

Lloyds Banking Group expects profit this year

LONDON – Britain’s Lloyds Banking Group PLC said Friday it expects to report a profit this year as trading has so far been strong and provisions for bad assets are not as large as previously forecast.
In a brief statement, the part-nationalized bank said that in the first 10 weeks …. Original source  : Lloyds Banking Group expects to report a profit for 2010, says impairments less than expected.

PROMISES, PROMISES: Obama, activists make noise on immigration overhaul, but what happens now?

PROMISES, PROMISES: Obama in immigration dance
WASHINGTON – President Barack Obama promised to make overhauling the immigration system a top priority in his first year as president. He’s now in Year Two, and the odds that he’ll get to sign a bill before the November midterm elections appear long.
Grass-roots activists are frustrated …. Original article on Gaea Times at  : PROMISES, PROMISES: Obama, activists make noise on immigration overhaul, but what happens now?.

Asian stock markets gain as US economic reports boost sentiment; Tokyo up nearly 1 pct

Asian stock markets gain after US economic reports

HONG KONG – Most Asian stock markets turned higher Friday as modestly positive reports about the U.S. economy underpinned optimism about the global recovery.
Markets fluctuated earlier in the day before trading largely green. Oil prices slipped below $82 a barrel, and the dollar gained against the yen and … Original article on : Asian stock markets gain as US economic reports boost sentiment; Tokyo up nearly 1 pct.

Democrats on track for health care vote Sunday as Obama, leaders pressure wavering lawmakers

Democrats push toward Sunday vote on health care
WASHINGTON – Slowly but steadily, support is building behind President Barack Obama’s health care legislation in the House, the result of intense lobbying and politically targeted changes aimed at reassuring waverers and winning over critics.
Obama himself was to talk up the sweeping overhaul in a midday … Original article on : Democrats on track for health care vote Sunday as Obama, leaders pressure wavering lawmakers.

SC Gov. agrees to pay $74,000 in ethics fines over travel, spending; His divorce becomes final

SC gov agrees to pay ethics fine, gets divorced

COLUMBIA, S.C. – South Carolina Gov. Mark Sanford has closed two chapters of his life, agreeing to pay $74,000 in fines to resolve ethics charges brought against him after last summer’s revelation of an extramarital affair, and receiving word that a judge had formally ended his 20-year …. Original article  : SC Gov. agrees to pay $74,000 in ethics fines over travel, spending; His divorce becomes final.

Fight over India bid drives Nepal to passport disaster

KATHMANDU – April 1 bodes to be no laughing matter for Nepal with the fledgling republic heading for a passport disaster as the ruling parties continue to bicker over a bid by an Indian company to print new passports.

As per the norms of the International Civil Aviation Organisation (ICAO), Nepal needs to switch over to …. Original article on Gaea Times at  : Fight over India bid drives Nepal to passport disaster.

MSK Projects: Welspun-Gujarat Takeover

MUMBAI, INDIA (GaeaTimes.com)- Welspun-Gujarat Stahl Rohren, which happens to be pipe manufacturers had declared its decision of taking over a control stake which is linked to the construction firm MSK Projects India. The stake is quoted at 400 crore.
However, the subsidiary of Welspun Infratech shall only be taking charge over 75% stake involved in … Read more »»».

Bank of Baroda Unveils US Expansion

MUMBAI, INDIA (GaeaTimes.com)- The third biggest public sector bank of India, BOB or Bank of Baroda is about to open a branch in Houston in USA. The leaders in the regional Indian-American community think that it would be good to see a leading Indian origin bank starting operations in Houston. It may pave … Read : Bank of Baroda Unveils US Expansion.

‘Way paved for excellent commercial outcome of Obama visit’

WASHINGTON – The groundwork has been laid for an “excellent trade and commercial outcome” of President Barack Obama’s expected visit to India later this year, Commerce and Industry Minister Anand Sharma said here.

“I believe through these meetings we have been able to build the groundwork of an excellent trade and commercial outcome for the forthcoming … Read this article on Gaea Times at : ‘Way paved for excellent commercial outcome of Obama visit’.

Samsung sees strong 2010, aims for double-digit sales growth as global economy expands

Samsung aims for double-digit sales growth

SEOUL, South Korea – Samsung Electronics predicted a strong 2010 as economic expansion in advanced and large developing economies gains speed and said it is aiming for double-digit sales growth from last year’s record high.
The world’s largest manufacturer of flat screen televisions and second-biggest seller of mobile phones held its … Read this article on Gaea Times at : Samsung sees strong 2010, aims for double-digit sales growth as global economy expands.

China calls on Washington to cool ‘emotionalization’ on currency, warns of risks of yuan rise

China calls on Washington cool yuan pressure
BEIJING – China stepped up resistance Friday to U.S. pressure over currency, calling on Washington to cool its “politicization and emotionalization” of the issue and warning a further rise in its yuan could drive exporters out of business.
Beijing is trying to head off pressure from U.S. lawmakers …. Read the original article  : here.

Oil drifts below $82 in Asia as month-long rally stalls

Oil drifts below $82 as month-long rally stalls

\SINGAPORE – Oil prices drifted below $82 a barrel Friday in Asia, pulling back from a monthlong rally that was fueled by mostly positive news about the U.S. economy.
Benchmark crude for April delivery was down 28 cents to $81.92 a barrel at late afternoon Singapore time in electronic … Read more »».

Asian stock markets mixed as Greece uncertainty weighs; oil slips below $82 a barrel

Asian markets mixed as Greece uncertainty weighs

HONG KONG – Asian stock markets turned in a mixed performance Friday, fluctuating as uncertainty over debt-laden Greece weighed on investors.
A number of markets were little changed, while oil prices slipped below $82 a barrel and the dollar gained against the yen and weakened against the euro.
Investors were unnerved …. Original article  : Asian stock markets mixed as Greece uncertainty weighs; oil slips below $82 a barrel.

India wants US help to become a world-class manufacturing hub

WASHINGTON – India has invited US companies to take advantage of its rapid growth and help shape the country into a world-class manufacturing hub with greater investment in its infrastructure.

“Just as our strategic partnership has matured and grown, Indo-US trade and investment has increased dramatically over the past 20 years,” India’s Commerce and Industry Minister … Original source on Gaea Times at : India wants US help to become a world-class manufacturing hub.

Money Market Operations as on March 18, 2010

… Read more >>>.

Agent: general manager Scot McCloughan still with San Francisco 49ers as of now

Agent: GM McCloughan still with 49ers _ for now

SANTA CLARA, Calif. – The agent for San Francisco 49ers general manager Scot McCloughan said Thursday night his client is still employed by the team – for now, anyway.
Peter Schaffer, McCloughan’s representative, told The Associated Press in a phone interview that he has “not heard any different” …. Original article  : Agent: general manager Scot McCloughan still with San Francisco 49ers as of now.

Ill. high court: Hospital doesn’t provide enough charitable services to get tax-exempt status

Ill. high court: Hospital shouldn’t be tax exempt

CHICAGO – The state Supreme Court ruled Thursday that an Urbana hospital doesn’t provide enough charitable services to qualify for a property tax exemption, a decision hospitals in Illinois worry could lead local governments to try to overturn other exemptions in a hunt for badly needed cash.
National hospital … Read more >>.

Global voices join against privatisation, anti-worker policies

CHANDIGARH – Workers across the world are against privatisation and capitalism and a global policy should be formed to prevent discrimination against workers, said communist leaders from European, Asian and Latin American countries gathered here to share their common concerns over unemployment, low wages, poor working conditions and privatization.

Rosane Bertotti, communication secretary of the biggest …. Original article on Gaea Times at  : Global voices join against privatisation, anti-worker policies.

Uproar in Nepal as Indian firm wins passport bid

KATHMANDU – Nepal’s ruling parties are pitted against one another and the Maoists have joined the uproar as Nepal’s government finally decided to award a prestigious contract for printing smart passports to a state-owned company in India.

The Nasik-based Security Printing and Minting Corporation of India has bagged the contract to print 4 million machine-readable Nepali … Read : Uproar in Nepal as Indian firm wins passport bid.

Abortion still a sticking point, undecideds tilt Obama’s way ahead of Sunday’s vote

Obama making final health care pitch to House Dems
WASHINGTON – Claiming unstoppable momentum but still short of the goal line, President Barack Obama is heading to Capitol Hill to rally House Democrats for a final push on landmark health care legislation.
The battle tilted in Obama’s direction Friday as more Democrats revealed their positions. …. Source article on Gaea Times at  : Abortion still a sticking point, undecideds tilt Obama’s way ahead of Sunday’s vote.

British Airways crew launches 3-day strike, forcing airline to cancel thousands of flights

Thousands of BA flights canceled as crew on strike

LONDON – British Airways was scrambling to deal with a three-day strike launched by cabin crew Saturday, throwing the plans of tens of thousands of travelers into chaos and risking harm to the Labour government before a tough general election.
BA chartered planes from rival airlines, drafted in …. Source article on Gaea Times at  : British Airways crew launches 3-day strike, forcing airline to cancel thousands of flights.

SilkAir to fly to Bangalore, Chennai

THIRUVANANTHAPURAM – SilkAir, the regional wing of Singapore Airlines, will soon fly daily to Bangalore and Chennai.

The airline would introduce the flights between Singapore and Bangalore from May 17 and between Singapore and Chennai from June 14 to compliment Singapore Airlines’ existing daily flights to both cities.
“SilkAir is very excited to introduce services to …. Source  : SilkAir to fly to Bangalore, Chennai.

Bank Of Baroda Steps Into Insurance

MUMBAI, INDIA (GaeaTimes.com)- It seems that Bank of Baroda, the third largest public sector banking institution in India is on an expansion overdrive. It is not only looking forward to opening more branched in India and abroad but is also trying to venture into hitherto untapped segments in 2010. In a recent move, …. Source article on Gaea Times at  : Bank Of Baroda Steps Into Insurance.

Costlier milk pinches Delhiites

NEW DELHI – Already battling rising food prices, Delhiites got a rude shock Saturday as Mother Dairy, one of the biggest suppliers of milk in and around the capital, raised its price by Rs.2 per litre.

Mother Dairy said the hike was forced by an increase in the procurement prices.
As per the revised rates, a …. Read the original article  : Costlier milk pinches Delhiites.

Sensex outperforms global indices, gains 2.4 percent (Weekly Market Review)

MUMBAI – Benchmark indices of Indian equities outperformed their global peers over the week, even though the rally ran out of steam in the last two days.

The 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) moved up 411.61 points or 2.4 percent to end at 17,578.23 points Friday.
The broader S&P CNX …. Source  : Sensex outperforms global indices, gains 2.4 percent (Weekly Market Review).

Himachal’s CRI resumes vaccine production

SHIMLA – Himachal Pradesh’s Central Research Institute (CRI), whose manufacturing licence was cancelled in January 2008, has resumed production of vaccines with the central government giving it clearance, a minister said here Saturday.

“CRI has resumed production of vaccines after the central government in its orders dated Feb 12 and 26 cleared its drug production licence,” … Read more : Himachal’s CRI resumes vaccine production.

Closure of Orissa railway sidings hits iron ore supplies

BHUBANESWAR – Supply of iron ore from mines in Orissa’s Keonjhar district has been hit after the authorities closed at least four railway sidings and prohibited loading and unloading of minerals, a Tata Steel official said Saturday.

“Our movement from the Joda siding has been adversely affected” Mohit Das, a Tata Steel spokesperson told IANS. … Read more >>>.

Sarkozy’s party braces for potential electoral wipeout in regional elections favoring left

Sarkozy’s party braces for electoral wipeout

PARIS – President Nicolas Sarkozy’s party braced for a potential electoral wipeout in Sunday’s final round of regional elections, which an alliance of the rival left hopes will give it a national sweep and a staging ground for 2012 presidential voting.
Even damage control was difficult for the conservatives.
Sarkozy’s UMP party, … Read more : Sarkozy’s party braces for potential electoral wipeout in regional elections favoring left.

Gujarat acts on critically polluted clusters

AHMEDABAD – After the state pollution control board declared eight clusters of Gujarat as critically polluted, an action plan has been rolled out to ensure that industrial units in these areas comply with the laid down norms, an official said Saturday.

According to Gujarat Pollution Control Board (GPCB) official, efforts were being initiated to improve …. Read the original article  : Gujarat acts on critically polluted clusters.

Talks between British Airways, union collapse; strike affecting thousands of travelers begins

Strike begins as talks between BA, union collapse

LONDON – A three-day strike by British Airways cabin crew affecting thousands of travelers began Saturday after last-ditch talks between the airline’s management and union leaders collapsed.
The walkout has forced BA to cancel thousands of flights, but it still hopes to operate around 65 percent of its international …. Source  : Gaea News Network.

Gujarat to build expressway soon

AHMEDABAD – Gujarat will build it’s first expressway between Ahmedabad and Bhavnagar at a cost of Rs.2,200 crore to provide superfast road connectivity to Special Investment Region.

The investment region is coming up enroute at Dholera, an ancient port-city in Gulf of Khambhat, 30 km away from Dhandhuka village of Ahmedabad district.
According to Roads and …. Original source  : Gujarat to build expressway soon.

Lady Gaga fires back at music producer in NY court, files response challenging $30M lawsuit

Lady Gaga fires back in NY court at music producer

NEW YORK – Lady Gaga is firing back at a music producer who claims he launched her career and is suing her for $30.5 million.
Her lawyer said in a court filing made public Friday the agreement at the heart of the suit was “unlawful.”
Song writer and … Read more >>>.

Ilgauskas back in Cleveland area 3 days before he’s eligible to re-sign with Cavaliers

Ilgauskas back in Cleveland area
AVON, Ohio – Zydrunas Ilgauskas is back in the Cleveland area three days before he is eligible to re-sign with the Cavaliers.

Ilgauskas declined to comment to The Associated Press on Friday following a workout at a suburban gym.
His agent, Herb Rudoy, told the AP in an e-mail that he will talk … Read more : Ilgauskas back in Cleveland area 3 days before he’s eligible to re-sign with Cavaliers.

Nev. judge decides initiative to raise mining taxes can proceed, but says it must be reworded

NV’s mining industry loses bid to block petition

CARSON CITY, Nev. – Nevada’s mining industry has lost an early legal bid to keep Nevadans from voting on a ballot measure that would dramatically increase mining taxes in the richest gold mining state in the nation.
District Judge James Wilson Jr., at a hearing today in Carson City, … Read more : Nev. judge decides initiative to raise mining taxes can proceed, but says it must be reworded.

Report: Loophole allows Calif. nurse assistants to be rehired after abuse, other misconduct

Report: Nurse assistants rehired after misconduct

LOS ANGELES – A state Senate report released Friday said nurse assistants who lost their certification over abuse, negligence or theft in nursing homes were able to go to work as caregivers in assisted living facilities because of a computer tracking loophole.
A Senate subcommittee plans to hold a hearing next … Read this article on Gaea Times at : Report: Loophole allows Calif. nurse assistants to be rehired after abuse, other misconduct.

Scary hits, major injuries, push NHL toward ban of shots to the head

Long overdue, NHL set to eliminate hits to head

NEW YORK – The dazed and distant look on Brent Seabrook’s face after the Chicago Blackhawks defenseman got crushed against the boards cried out for a head shot ban – in time for the third period.
The sight of Boston Bruins star Marc Savard out cold on the …. Source  : Scary hits, major injuries, push NHL toward ban of shots to the head.

Regulators shut banks in Alabama, Georgia, Minnesota, Ohio and Utah; makes 37 this year

Regulators shut 7 banks in 5 states; 37 in 2010

WASHINGTON – Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year.
The closings follow the 140 that succumbed in 2009 to mounting loan defaults and the recession.
The Federal Deposit Insurance Corp. …. Original article on Gaea Times at  : Regulators shut banks in Alabama, Georgia, Minnesota, Ohio and Utah; makes 37 this year.

Nuclear liability bill needs to go through, says Ficci chief

WASHINGTON – Calling nuclear power as the “next frontier” where investments in India will come, Rajan Bharti Mittal, president of the Federation of Indian Chambers of Commerce and Industry (Ficci), hopes the controversial civil nuclear liability bill goes through India’s parliament to bring in more foreign companies.

“Issue is India is power starved,” Rajan Bharti Mittal, … Original article on : Nuclear liability bill needs to go through, says Ficci chief.

US offers latest airborne radar to India

NEW DELHI – After a range of top fighter aircraft and other weapon systems, the US has now offered another sophisticated system to India, the Airborne Stand-Off Radar (ASTOR), whose capability has been described as “unmatched” by a former US navy official.

According to Admiral Walter F. Doran, president Asia for Raytheon, Indian officials had already …. Source  : US offers latest airborne radar to India.

China may report trade deficit in March, minister says, while rejecting pressure on currency

Minister: China may report trade deficit in March

BEIJING – China could report a trade deficit in March, the country’s commerce minister said Sunday as he rejected U.S. pressure to ease currency controls and blamed Washington for the Sino-U.S. trade gap.
Washington and other trading partners are pressing China to ease currency controls that have kept its … Read the original article on Gaea Times at : China may report trade deficit in March, minister says, while rejecting pressure on currency.

Obama appeals for Democratic unity ahead of make-or-break health care vote

Obama urges party unity to pass health care
WASHINGTON – Democratic leaders appeared confident they had the votes needed to pass the landmark legislation Sunday, a day after President Barack Obama called on them to make history by bringing health insurance to millions of struggling families.
On Saturday, Democratic leaders frenetically hunted for votes inside … Read the original article on Gaea Times at : Obama appeals for Democratic unity ahead of make-or-break health care vote.

Finnair deploys all-new fleet as traffic to India spurts

NEW DELHI – Nordic carrier Finnair has deployed an all-new fleet to India even as its passenger load factor on the Helsinki-New Delhi route has seen a major spurt this year after the turbulent past season due to the global slowdown.

“The average age of aircraft deployed to India is just four months,” said Kari Stolbow, …. Source  : Finnair deploys all-new fleet as traffic to India spurts.

Tiny community in Montana’s struggling northwest buries young soldier killed in Afghanistan

Struggling town turns out to bury fallen soldier

COLUMBIA FALLS, Mont. – Residents from the small communities just outside the mountains of Glacier National Park buried one of their own Saturday, a young soldier from Hungry Horse killed by Afghan insurgents earlier this month.
Nicholas Cook is just the eighth soldier from Montana to be killed in …. Source  : Tiny community in Montana’s struggling northwest buries young soldier killed in Afghanistan.

Malaysian Indian enterprises need 100,000 foreign workers

KUALA LUMPUR – Projecting a requirement of 100,000 foreign workers, a Malaysian Indian trade body wants a dialogue with Prime Minister Najib Tun Razak over the prevailing shortage of foreign labour in the country.

Malaysian Associated Indian Chamber of Commerce of Industry (Maicci) president K.K. Eswaran said various trade associations had sought the chamber’s help to …. Source article on Gaea Times at  : Malaysian Indian enterprises need 100,000 foreign workers.

FICCI bats for nuclear liability bill to win ‘next frontier’

WASHINGTON – Calling nuclear power as the “next frontier” where investments in India will come, the FICCI chief hopes the controversial civil nuclear liability bill goes through Indian parliament to bring in more foreign companies.

“Issue is India is power starved,” Rajan Bharti Mittal, president of the Federation of Indian Chambers of Commerce and Industry (FICCI), … Read more >>>.

Kamal Nath to seek Canadian investment, meet Indian-born ‘Warren Buffet’

TORONTO – India will woo Canadian investment in its infrastructure during the four-day visit of Minister for Road Transport and Highways Kamal Nath to Canada from March 23.

During his visit, Kamal Nath will meet Canadian International Trade Minister Peter Van Loan, Transport Minister John Baird, and corporate leaders to give further push to economic ties …. Source article on Gaea Times at  : Kamal Nath to seek Canadian investment, meet Indian-born ‘Warren Buffet’.

Senate Leader Reid joins president in appeal for Democratic unity ahead of pivotal vote

Obama urges Dems to come together for health care
WASHINGTON – Victory within reach, President Barack Obama exhorted House Democrats on Saturday to stay true to their party’s legacy and make history by bringing health insurance to millions of struggling families now left out. Leaders exuded confidence …. Source  : Senate Leader Reid joins president in appeal for Democratic unity ahead of pivotal vote.

Despite pressure from black activists, black support for Obama’s race-neutral stance is high

Black support high for Obama’s race-neutral stance
CHARLOTTE, N.C. – In this banking center walloped by the Great Recession, where unemployment just hit a 20-year high and as many as one in three black people are out of work, blacks could easily be frustrated with President Barack Obama’s insistence that a rising …. Original source  : Despite pressure from black activists, black support for Obama’s race-neutral stance is high.

House Democrats confident they can overcome abortion rift in health bill

Obama calls on Dems to pass health care
WASHINGTON – Victory within reach, President Barack Obama rallied House Democrats on Saturday for a final health care push, and party leaders appeared confident they had overcome a flare-up over abortion funding restrictions in the legislation.
Building on Democrats’ momentum, House leaders decided on a straight up-or-down … Read more >>.

Senate Democratic leader says he has ’significant majority’ to revise health care bill

Top Senate Dem says he has votes for health bill

WASHINGTON – Senate Majority Leader Harry Reid says he has enough votes to push changes in the health care overhaul bill through the Senate.
House leaders expect to pass the Senate’s version of the legislation on Sunday.
House Democrats want to make changes in that bill – and … Original source on Gaea Times at : Senate Democratic leader says he has ’significant majority’ to revise health care bill.

A breakdown of fees paid by California drivers for traffic citations

California traffic citation fees at a glance

Fees paid by California drivers for traffic citations in addition to the base fine:
-$26 penalty assessment for every $10 of the base fine; funds courthouse construction, DNA identification, county emergency medical services and other programs.
-$35 criminal conviction fee; goes toward court construction.
-$30 court security fee.
-$1 county night court fee.
-Other …. Source article on Gaea Times at  : A breakdown of fees paid by California drivers for traffic citations.

Cities and states struggling with budgets cuts look to raise traffic fees, step up enforcement

Tight for cash, governments raise traffic fees

LOS ANGELES – Shomari Jennings was willing to pay the $70 ticket he received for driving without a seatbelt, but not the slew of tacked-on fees and penalties that ballooned the cost more than tenfold.
Every $10 of his base fine triggered a $26 “penalty assessment” for courthouse construction, a …. Original article on Gaea Times at  : Cities and states struggling with budgets cuts look to raise traffic fees, step up enforcement.

Dubai records pearl trade worth over $27 mn in 2009

DUBAI – Pearls trade in Dubai has crossed the record $27 million mark last year, registering 30 percent increase in the import of the precious gem from several countries including India and Australia.

The total transaction of pearls was worth AED 99.6 million ($27.11 million) in 2009, the Dubai Pearl Exchange, a subsidiary of Dubai Multi … Original article on : Dubai records pearl trade worth over $27 mn in 2009.

Maharajas’ Express chugs out from Kolkata

KOLKATA – Railway Minister Mamata Banerjee Saturday night flagged off the Kolkata-Delhi luxury tourist train Maharajas’ Express from here.

The train is the latest offering from the railways on the lines of the palace-on-wheels to generate revenue and help tourists explore India. It possesses elegant features to give the guests a feeling of royalty.
The train …. Source article on Gaea Times at  : Maharajas’ Express chugs out from Kolkata.

Major League Soccer and union sign a 5-year labor contract.

MLS and union sign 5-year labor deal
NEW YORK – Major League Soccer and its players signed an agreement in principle Saturday on a five-year labor contract that avoided a strike scheduled before next week’s season opener.

Negotiators began intensive talks Thursday in Washington, D.C., and the deal was signed shortly after 1 p.m. Saturday, about 5?? …. Original source  : Major League Soccer and union sign a 5-year labor contract..

Government to decide on cooking gas, kerosene price hike

CHENNAI – The central government will take a decision on hiking the cooking gas and kerosene prices on the lines recommended by Kirit Parikh committee, an official said Saturday.

“The ministry of petroleum and natural gas is examining it and a decision will be taken. The implementation of the report will be from next fiscal …. Read the original article  : Government to decide on cooking gas, kerosene price hike.

Afcons bags Rs.938 crore Kolkata Metro project

KOLKATA – Afcons Infrastructure Ltd. (Afcons), the infrastructure arm of Shapoorji Pallonji Group, has bagged a Rs.938-crore project for design and construction of a part of the East-West Metro project in the city.

Disclosing this at a media meet here Saturday, Afcons director for transportation Ramakrishna V. Ramanan said: “The project includes design and construction of …. Source article on Gaea Times at  : Afcons bags Rs.938 crore Kolkata Metro project.