| Rockies' Fuentes loses in arbitration; Hawpe signs
Colorado Rockies pitcher Brian Fuentes was an arbitration loser Friday and will earn a salary of $5.05 million for the 2008 season.</p><p>Fuentes requested a figure of $6.5 million, but a three-member panel ruled in favor of Colorado's offer.</p><p>The 32-year-old lefty was 3-5 with a 3.08 earned run average and 20 saves last season, but lost his role as the team's closer late in the campaign. He still helped the Rockies to their first World Series appearance.</p><p>The Rockies did avoid arbitration with outfielder Brad Hawpe, signing the 28- year old to a one-year contract.</p><p>Hawpe hit .291 with 29 home runs and 116 RBI in 2007 as Colorado's everyday right fielder. In 445 career games - all with the Rockies - the left-handed Hawpe is a .282 hitter with 63 homers and 256 RBI.
Michael Price Buys HearstArgyle Television Inc., AutoNation Inc., Hilltop Holdings Inc., Sells BristolMyers Squibb ...
Billionaire investor Michael Price's value approach is to buy stock in out-of-favor small cap companies that are of good values. This strategy has made him the 271st richest person in the world. These are his buys and sells during the fourth quarter. He owns 81 stocks with a total value of $511 million. Michael Price buys HearstArgyle Television Inc., AutoNation Inc., Hilltop Holdings Inc., GLG PARTNERS, INC., Watson Pharmaceuticals Inc., Marlin Business Services Corp., Leggett & Platt Inc., Miller Industries Inc., ZEP INC, FIRST FINANCIAL NORTHWEST, INC., AmeriCredit Corp., Journal Communications Inc., Thomas Properties Group Inc., Bassett Furniture Industries Inc., Finish Line Inc., sells BristolMyers Squibb Company, Covidien Ltd., Diamond Offshore Drilling Inc., Freedom Acquisition Holdings Inc, Liberty Media Corp.
Visy, Pratt fined $36m over price-fixing
Billionaire Richard Pratt and his Visy group companies have been fined a record $36 million for price fixing in the cardboard market, in a case the Federal Court says is the worst in Australia's corporate history. Mr Pratt's right-hand man, former Visy chief executive Harry Debney, has been fined $1.5 million and former general manager Rod Carroll was fined $500,000. Federal Court judge Justice Peter Heerey said the penalty imposed on Visy was twice the highest previous fine imposed by his court. ``That is reflective of the fact that this must be, by far, the most serious cartel case to come before the court in the 30-plus years in which price fixing has been prohibited by statute,'' Justice Heerey said in his decision. A Visy spokesman said the company respected the decision.
Mild winter could yield timely summer recess for students
This year, school closings and delays will be posted on the board's Web site, www.boe.allconet.org. "This just gives us one more tool," said Walbert. "We will continue to do the media alerts and post closings on schoolsout.com." Contact Jennifer Raley at jraley@times-news.com. .
Viewing all entries for: February 2008
As immigration peaked as a political issue last year and local governments began to adopt a variety of restrictive measures, a number of economic commentators (myself included) noted that this was a dangerous policy to pursue given a weakening economy. Policies which drove immigrants away from restrictionist areas not only cut off the commercial business provided by those populations but also undermined housing markets. Even where immigrant households were not primarily homeowners, their presence in the market as tenants helped support overall housing demand and provided needed cash flows to landlords struggling to pay mortgages. With a housing-led downturn taking shape, immigrant departure seemed potentially disastrous. But one has to wonder whether that's the proper causation.
MTV Does Another NYE in NYC
MTV rang in the New Year with another star-studded party in their studio overlooking Times Square. Not only did the revelers have a prime spot to view the ball drop, but they were treated to performances by Kid Rock (with Rev Run), Mary J. Blige, Good Charlotte and more. I guess that means Joel didn't get to start the new year with a kiss from Nicole, but I'm sure he'll make up for it back in LA. Cutie VJ Damien Fahey looked dapper in his three piece suit for the big night. The hostess of the party was Tila Tequila, who took the opportunity to announce that her first shot at love didn't work out and she's doing another season of her reality dating show. Who's excited? To see more from the party including Mary J. Blige, Wyclef Jean, Kid, Rev Run, Damien, Joel and others just read more .
VA announces money for mental health facility in Walla Walla
WALLA WALLA, Wash. -- The U.S. Department of Veterans Affairs plans to build a residential rehabilitation facility at the Walla Walla VA Medical Center. The facility will focus on mental health care for veterans. Plans call for the 22,000-square-foot facility to have 36 beds encompassing various levels of mental health care. The VA said Tuesday that details about the estimated $6.7 million facility are still being developed. .
Student shot at Mitchell High; second school shooting in 8 days
Mitchell High School senior Sharmain Mayes weeps for her friend Stacey Kiser as her mother Shaundra Mayes takes her out of school following a shooting that left Kiser in critical condition. Kiser, 19, was shot in the school's cafeteria during a PE class that contained about 75 students. The shooter, a 17-year-old sophmore, was taken into custody after turning the gun over to assistant football coach Darryl Mongomery immediately following the shooting. .
US Consumers Oblivious to GM Food Fears
Concerns over genetically modified foods have failed to make much impact in the United States, where consumers and the US media are less fired up about the issue than in Europe, activists say. Dr Michael Hansen, a biologist with the major New York-based Consumers Union, says the media doesn't talk about GM issues and there is more apathy in the US. "When the public is asked in the survey, a high percentage wants food labels," he said. "They just don't realize the extent to which certain food such as corn or soybean are genetically engineered, and often they have not heard of any of these food safety concerns." On Friday, French President Nicolas Sarkozy banned the only genetically modified crop grown in France, the Mon 810 maize produced by the US agriculture giant Monsanto.
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