industry / Top Stories
Lingle: Public must 'reevaluate' expectationsHawaii Gov. Linda Lingle said Thursday that while the state will continue to cut spending, the public needs to "reevaluate its expectations" of what services it can provide.
Biz Journal Friday, August 28, 2009UPMC posts $7.7 billion operating revenueDespite a tough economy, operating revenue at the University of Pittsburgh Medical Center rose $653 million to $7.7 billion during the 12-month period ending June 30, for an operating margin of 2.8 percent, up from 2.6 percent for the same period in 2008, according to unaudited results released Friday.
Biz Journal Friday, August 28, 2009Doctors pursue electronic recordsA collaborative of area physician groups is beginning to implement a $1 million grant to bring together more than 400 doctors through an electronic health record (EHR) system.
Biz Journal Friday, August 28, 2009Economy??s Small Drop in Second Quarter Hints Recession is EndingAccording to a report issued earlier this week, the economy shrank at an annual rate of just 1 percent in the second quarter. Despite marking a record fourth-consecutive quarterly decline, the smaller decrease provides further evidence that the recession is slowly coming to an end. In addition, smaller decreases in consumer spending were reported during [...]
IB Times Friday, August 28, 2009U.S. DOE Announces Recovery Act Funding for up to 2,800 Natural Gas VehiclesWestport Innovations Inc., a global leader in alternative and low emission transportation
technology, announced that the U.S. Department of Energy??s ??Clean Cities? program has awarded the company with a grant of $300 million. This grant will help fund 25 cost-share projects across the United States, adding 9,000 alternative fuel and
energy efficient vehicles and building [...]
IB Times Friday, August 28, 2009ATS Medical Inc. (ATSI) Awarded FDA-Approval for Cardiac Study of Aortic Valve ReplacementATS Medical Inc. manufactures and markets advanced cardiac surgery products and services through its heart valve disease therapy and surgical ablation of cardiac arrhythmias segments. The company yesterday announced FDA-approval for a first-of-its-kind clinical study in which cardiac surgeons will implant ATS Medical??s ATS 3f® Aortic Bioprosthesis in patients under the age of 60, a [...]
IB Times Friday, August 28, 2009Aquentium, Inc. (AQNM.OB) Announces Exclusive Distributorship Opportunities for the Country of BrazilAquentium is an up-and-coming publicly traded company in the United States which has a company mission to focus on ??green technologies?. Aquentium made an announcement today that it is offering exclusive distributorship opportunities for its complete line of non-chemical food processing and sanitation equipment for the Country of Brazil, which will allow the company [...]
IB Times Friday, August 28, 2009India's M&M seeks to buy U.S. facility for assembly opsIndian utility vehicle maker Mahindra & Mahindra is looking at options to buy a U.S. facility for assembling its pickup trucks that would save it an import penalty, a senior official said on Friday.
IB Times Friday, August 28, 2009NEC, Hitachi, Casio may merge cellphone ops: sourcesJapan's NEC Corp, Hitachi Ltd and Casio Computer Co are in talks to merge their struggling cellphone operations to cut development costs in a saturated
market, four sources said on Friday.
IB Times Friday, August 28, 2009Citi sale of Japan's Bellsystem24 heats upGlobal buyout firms including Permira and KKR KKR.UL are set to bid for a core Citigroup asset next week in a deal worth more than $1 billion, grabbing a rare opportunity for them to chase big investments in Japan.
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