Below please find daily updates pertaining to the latest in financial, business, and tax news:
Nine individuals tapped for Auburn trustee board
Posted: Mon Feb 06 22:02:07 PST 2012The Auburn University Trustee Selection Committee voted Monday to nominate three current trustees, along with six new individuals for the school?s board of trustees. According to the Opelika-Auburn News, trustees Jimmy Rane, Sarah Newton and Charles McCrary were all nominated for new terms on the board. Selected as new nominees for the board were B.T. Roberts, Clark Sahlie, Bob Dumas, Jimmy S...
Immigration opponents look to state automakers for support
Posted: Mon Feb 06 22:02:06 PST 2012Opponents of Alabama's crackdown on illegal immigration are looking to the state?s three international automakers for help in fighting for repeal of the law, which Gov. Robert Bentley and Republicans only want to tweak in the upcoming legislative session. According to the Associated Press, critics of the law said during a telephone conference with reporters on Monday that they have sent letter...
Bill would use GSCC funds for Etowah public schools
Posted: Mon Feb 06 22:02:06 PST 2012Half of the funding Gadsden State Community College now receives from Etowah County?s 1-cent sales tax would be used instead by teachers in Etowah County public schools for classroom supply money under legislation sponsored by Rep. Blaine Galliher, R-Rainbow City. According to the Gadsden Times, half of the funding currently earmarked for capital improvements at GSCC would be given to teachers...
Athens, Limestone okay incentives for steel plant
Posted: Mon Feb 06 22:02:06 PST 2012The Limestone County Commission and Athens City Council approved incentives Monday for Pennsylvania steel company Carpenter Technology Corporation, which plans to construct a facility off U.S. 31 just north of Calhoun Community College that is expected to be operational by the spring of 2014. According to the News-Courier, the commission agreed to a sales tax abatement in the amount of $8.162 ...
Only 13 of top 100 U.S. metros have bounced back from recession
Posted: Mon Feb 06 22:00:06 PST 2012Thirteen of the nation's 100 biggest labor markets have regained all of the jobs that slipped away during the recession. The other 87 are still fighting to break even. On Numbers used preliminary U.S. Bureau of Labor Statistics data to estimate 2011 private-sector employment levels for all 100 markets. Those estimates were then compared against the official figures for 2006, the last full year...
The show will go on for Seattle's Intiman Theatre
Posted: Mon Feb 06 19:38:29 PST 2012The Intiman Theatre will survive. After raising $1 million in pledges, the board of trustees voted unanimously Monday to go forward with a 2012 season. ?There were champagne corks popping,? said Terry Jones, president of the board, just after the group's meeting ended Monday evening (Feb. 6). Board members had agreed that if they didn't raise enough to meet the $1 million goal, they would clo...
Capitol Business: GOP serious about blocking regulations (even one of their own)
Posted: Mon Feb 06 18:52:09 PST 2012Colorado House Republicans vowed to help businesses create jobs by cutting regulation this legislative session. And on Monday, they proved their commitment to that tenet by killing a professional licensing bill that was brought by one of the members of their own caucus. The House Agriculture, Livestock and Natural Resources Committee voted 7-5 against House Bill 1060, which would have created ...
Microsoft co-founder Paul Allen: most generous living donor
Posted: Mon Feb 06 18:09:52 PST 2012The Chronicle of Philanthropy reported Monday that Microsoft co-founder Paul Allen was the third most generous donor in America last year, and the most generous one still alive. This is Allen?s 10th year on the list. Only two donors have made the list more times: software billionaire Larry Ellison, and Eli and Edythe L. Broad, whose background is in finance and real estate. Last year, Allen c...
Measure to require oil and gas drilling setbacks dies
Posted: Mon Feb 06 17:38:53 PST 2012A bill requiring oil and gas wells to be drilled at least 1,000 feet from nearby schools or homes in Colorado died Monday when the state House Judiciary Committee voted 8-3 to postpone indefinitely further hearings on it. But the three-hour hearing on House Bill 1176, sponsored by Rep. Su Ryden, D-Aurora, offered the first glimpse of the broad outlines of the Legislature?s 2012 fight over oil ...
Top Congressional stock picks: Microsoft beats Apple
Posted: Mon Feb 06 17:14:20 PST 2012Microsoft ranks No. 4 on a list of the top stocks owned by members of Congress, according to a report by The Center for Responsive Politics. Stock ownership by members of Congress has been an issue recently after several media reports that were critical of what some viewed as politicians capitalizing on inside information about the financial crisis, including a featured report on CBS news prog...
Why the Dow Fell Today
Posted: Mon Feb 06 21:46:32 PST 2012A recap of the day's biggest movers. ...
The Best Turnaround Play for Your Portfolio
Posted: Mon Feb 06 19:27:49 PST 2012...
A Safe Apple Spot for Intel
Posted: Mon Feb 06 19:10:40 PST 2012ARM-based MacBook Airs don't look like they're coming. ...
Why Today's Dow Didn't Continue Friday's Rally
Posted: Mon Feb 06 19:01:43 PST 2012Breaking down the market. ...
The Natural Gas Conversion Is Accelerating
Posted: Mon Feb 06 18:55:07 PST 2012A slew of announcements show that the revolution has begun. ...
Will Headwinds Sink This Tech Titan?
Posted: Mon Feb 06 18:57:54 PST 2012...
Turnaround Smackdown: Coffee vs. Autos
Posted: Mon Feb 06 18:28:04 PST 2012...
Apple Crushes Another Record on the Path to World Domination
Posted: Mon Feb 06 19:05:01 PST 2012Reaching yet another milestone, the company from Cupertino continues to bulldoze all opposition in its path. ...
FedEx Feeling the Tailwinds
Posted: Mon Feb 06 18:10:02 PST 2012FedEx Feeling the Tailwinds ...
Another Boeing Loyalist Brightens the Skyline
Posted: Mon Feb 06 19:12:06 PST 2012Boeing bags a $30 billion deal from Saudi Arabia. ...
