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HEAT TREATING ALUMINUM FOR THE AEROSPACE INDUSTRY
This new horizontal solution treat system is specifically designed to heat treat aluminum components for aerospace applications. The oven in this horizontal solution treat system is rated for 1,250 deg F max and 1,100 deg F normal operating temperatures.
Mining.com

In Tennessee, Baking Pie With Stimulus Funds
Earlier this year, the unemployment rate in Tennessee's Perry County had skyrocketed to 27 percent. So Tennessee's portion of the stimulus package is going toward workers' wages at local businesses — like a bakery. Guy Raz talks with county mayor John Carroll.
NPR

U.S. Economy Shrinks at 1% Annual Rate; Spending Falls More Than Estimated
The worst U.S. economic slump since the Great Depression abated in the second quarter as government spending programs started to kick in, while the deepest retrenchment by consumers since 1980 augured a muted recovery.
Topix.net

GDP Report A Cause For Faint Hope
The government's gross domestic product report shows that the economy shrunk at a 1 percent annual rate in April, May and June. It doesn't sound like terribly good news, but economists say the numbers are an improvement compared to the numbers at the beginning of the year. They say it means that things are looking up for the economy, and that the recession may be ending. NPR's John Ydstie reports.
NPR

Inflation and Interest Rates For Forex Traders
Understanding the relationship between inflation and interest rates for a particular currency can help you decide whether or not that currency is growing stronger or weaker, and whether you should be buying or selling that currency. Inflation tends to be a constant factor in today's monetary system, and typically inflation is an indication of economic strength and an expanding economy.
E-Zine

BPA: Plan to sell energy to smelters draws ire of Franklin PUD - Tri-City Herald
TRI-CITIES The Bonneville Power Administration's proposal to sell energy to two aluminum smelters and a paper company at a reduced industrial power rate has drawn the ire of some public utilities, including Franklin PUD. The proposal calls for BPA ...
Feed Digest

30-year mortgage rates rise for 2nd-straight week - Mercury
McLEAN, Va. (AP) — Rates for 30-year mortgages rose for the second-straight week, Freddie Mac said Thursday.The average rate for a 30-year fixed mortgage was 5.25 percent this week, up from 5.2 ...
Big News Network

Do You Need Renters Insurance Or Not?
If you rent a home or an apartment chances are that you'll want some form of personal property insurance. Renters insurance offers property and liability coverage at a reasonable rate.
E-Zine

Anger Over Lending Costs To Small Firms
Almost half of small retailers say they have been hit by higher lending costs despite the historically low base rate. Banks are being called on to justify their rates and lending criteria after a da...
Big News Network

Tax Revenue Foregone Statement: An Interesting Study
When the finance minister presents the Finance Bill, the Budget Division of the Ministry of Finance prepares several documents which are also laid before the Parliament. One such document is the Revenue Foregone Statement. It was first presented during Budget 2006-07. A second edition of the statement was presented during Budget 2007-08 as an annexure and also as a standalone document entitled Statement of Revenue Foregone. The intention behind issuing the document is perhaps to bring about transparency in matters of tax policy. A cursory glance over this years statement suggests that for corporate taxpayers, the effective tax rate is 22.24 per cent, as against the rate of 20.60 per cent clocked in during 2006-07. Sample companies with profits before taxes (PBT) of Rs 500 crore and above accounted for 54.98 per cent of the total PBT and 54.02 per cent of the total corporate income tax payable.
Business Standard

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