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Colorado Committee Evaluates State`s Workers` Comp Insurer Pinnacol
A special committee of Colorado lawmakers is evaluating Pinnacol Assurance, to examine what role the state should have in managing the quasi-governmental workers' compensation insurer's business. ...
Insurancejournal.com

Colorado panel convenes to ponder Pinnacol`s future
Several Colorado Democrats on an interim legislative committee questioned Tuesday whether Pinnacol Assurance should be paying higher dividends to policy holders, prompting complaints from Republicans that they were interfering in private business.
Biz Journal

UBS close to hiring McCann
UBS is close to hiring former Merrill Lynch executive Bob McCann as the Swiss bank tries to draw a line under the damaging tax evasion dispute with the US that has prompted clients to pull billions of dollars out of its private banking business
FT

Rackspace Announces Expansion - Chicago Datacenter Coming Soon
Hosting company Rackspace has announced that they will be launching a Chicago datacenter in late 2009. From the announcement, “Rackspace will lease approximately 36,700 square feet of raised floor space, consisting of 5.633 megawatts of available critical load, from a subsidiary of DuPont Fabros Technology, Inc.” Rackspace notes that their “cloud” business is what’s driving the [...]
CenterNetworks

New York City Officials to Aid Business by Opening a Kitchen
City officials plan to open a shared space in East Harlem for aspiring chefs and bakers to rent.
New York Times

Optus moves into advertising business
The telco is launching the Optus Media brand in a bid to attract marketers to its mobile platforms, as well as fixed line and online services. Mark Mulder, general manager, Optus content and portals,...
Big News Network

APS anticipates growth in earnings
Second-quarter profit at Arizona Public Service Co.'s parent company was cut in half this year by the cost of maintaining its electrical system and reduced electricity sales to businesses.
AZ Central

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