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Latest Top (8) News
Water rates for businesses could rise The Albuquerque Bernalillo County Water Utility Authority is considering a plan that would raise water rates for businesses by up to 7 percent.
The Albuquerque Journal said the authority needs the additional revenue to upgrade facilities and to cover losses resulting from successful conservation efforts.
Most residential users on the other hand, would see their rates drop, according to the Journal.
The new rates, if approved by the authority’s board, would take effect July 1.
The board is scheduled…
Wed, 19 Jun 2013 12:33:34 +0000 Boeing speeds up 737 Max, announces 30-plane order Boeing Co. said it will speed up the delivery of its first 737 Max airplane by three months, expecting to deliver the first of the Renton-built airplanes to Southwest Airlines in the third quarter of 2017.
At the Paris Air Show, Boeing (NYSE: BA) said the faster delivery schedule was due to "key technology risks" being retired in the development of the new plane, as well as "disciplined development" of the new fuel-efficient plane.
"We have informed our customers and they are pleased they will…
Wed, 19 Jun 2013 12:30:21 +0000 Shoppers' bus tour takes small-biz week on the road In recognition of National Small Business Week, several locally owned boutiques have organized a bus tour to take shoppers around to small retailers in the Charlotte area, WCNC-TV reports.
A $45 ticket includes a ride to Fifi's Fine Resale in Cornelius, The Cheeky Bean in Ballantyne, The Junior League Warehouse in Plaza Midwood and JT Posh and Summerbird in Dilworth, plus lunch and a gift bag, according to the report.
Click here for details on the Saturday event.
Wed, 19 Jun 2013 12:29:12 +0000 Greensboro approves tree-trimming ordinance After months of debate, Greensboro has a new ordinance on the books regulating how utility companies trim trees, the News & Record reports.
The move comes after an outcry from residents about work done by Duke Energy Corp. The city had received a deluge of complaints from residents that trees were being hacked down, rather than trimmed.
The ordinance will allow the city to stop tree trimming on public and private property with a phone call to Duke Energy and requires the company to remove large…
Wed, 19 Jun 2013 12:27:39 +0000 State Rep: Corbett pension plan would cost $50.8 billion Two studies by the Hay Group and Buck Consultants show that Gov. Tom Corbett’s proposed pension reform plan would result in a $40 billion loss with $3.9 billion loss in employer contributions.
State Treasurer Rob McCord and Democratic state Sen. John Blake are using the reports as fuel to fight against the Corbett plan.
McCord told the Philadelphia City Paper that the plan would “increase the insecurity of a large number of Pennsylvanians and decrease the money flowing into Pennsylvania’s…
Wed, 19 Jun 2013 12:26:33 +0000 RetailMeNot gets inside track to ACL tickets Investors can apparently help a company rock out in addition to providing capital.
When Austin-based online coupon supplier RetailMeNot Inc. registered for a $230 million initial public offering this week, it disclosed that last month it bought $115,000 in Austin City Limits Festival tickets. It also has the option to buy more, according to a Monday filing with the U.S. Securities and Exchange Commission.
The seller is an affiliate of Austin Ventures LP, the powerful private equity firm that invested…
Wed, 19 Jun 2013 12:26:29 +0000 Apartment project planned for Bemidji A Grand Forks, N.D., developer has bought 2.7 acres of land near Bemidji's Sanford Center arena, with plans to build dozens of apartments there.
The Grand Forks Herald reports on the plans by Northridge Hospitality Management, which paid $350,000 for the property and on Monday pitched the rental project to the Bemidji Economic Development Authority.
The company plans to build 50 to 60 units, catering to young professionals and families.
Wed, 19 Jun 2013 12:24:48 +0000 Mortgage rates climbing as Fed consider ending stimulus efforts Mortgage interest rates rose last week to their highest point in a year, according to the Mortgage Bankers Association.
After remaining at record low levels, rates have surged in recent weeks as the economy improves. Rates climbed 2 basis points to average 4.17 for the week ended June 14, Reuters reports.
The Federal Reserve’s bond purchases have helped to keep rates low and lure buyers back into the market. But concerns that the Fed may be ready to end its stimulus program sooner than expected…
The Albuquerque Bernalillo County Water Utility Authority is considering a plan that would raise water rates for businesses by up to 7 percent.
The Albuquerque Journal said the authority needs the additional revenue to upgrade facilities and to cover losses resulting from successful conservation efforts.
Most residential users on the other hand, would see their rates drop, according to the Journal.
The new rates, if approved by the authority’s board, would take effect July 1.
The board is scheduled…
Boeing Co. said it will speed up the delivery of its first 737 Max airplane by three months, expecting to deliver the first of the Renton-built airplanes to Southwest Airlines in the third quarter of 2017.
At the Paris Air Show, Boeing (NYSE: BA) said the faster delivery schedule was due to "key technology risks" being retired in the development of the new plane, as well as "disciplined development" of the new fuel-efficient plane.
"We have informed our customers and they are pleased they will…
In recognition of National Small Business Week, several locally owned boutiques have organized a bus tour to take shoppers around to small retailers in the Charlotte area, WCNC-TV reports.
A $45 ticket includes a ride to Fifi's Fine Resale in Cornelius, The Cheeky Bean in Ballantyne, The Junior League Warehouse in Plaza Midwood and JT Posh and Summerbird in Dilworth, plus lunch and a gift bag, according to the report.
Click here for details on the Saturday event.
Investors can apparently help a company rock out in addition to providing capital.
When Austin-based online coupon supplier RetailMeNot Inc. registered for a $230 million initial public offering this week, it disclosed that last month it bought $115,000 in Austin City Limits Festival tickets. It also has the option to buy more, according to a Monday filing with the U.S. Securities and Exchange Commission.
The seller is an affiliate of Austin Ventures LP, the powerful private equity firm that invested…
Mortgage interest rates rose last week to their highest point in a year, according to the Mortgage Bankers Association.
After remaining at record low levels, rates have surged in recent weeks as the economy improves. Rates climbed 2 basis points to average 4.17 for the week ended June 14, Reuters reports.
The Federal Reserve’s bond purchases have helped to keep rates low and lure buyers back into the market. But concerns that the Fed may be ready to end its stimulus program sooner than expected…