http://fininformer.com All business news Wed, 10 Mar 2010 14:12:05 +0000 http://backend.userland.com/rss092 en What $19.6 million in state tax credits for NorthSide Regeneration paid for: Price of land: $9.5 million (50% of total cost) Brokerage costs: $382,000 (50% of total cost) Loan fees: $1.1 million Interest payments: $8.7 million Source: Missouri Department of Economic Development ... http://fininformer.com/where-the-money-went/ Four of the top executives at Albany International Corp. will receive a combined $1.4 million in cash bonuses, the company announced Monday. A committee on the board of directors at Albany International (NYSE: AIN) approved an $860,400 bonus for president and CEO Joseph Morone, according to regulatory filings. The ... http://fininformer.com/albany-int%e2%80%99l-corp-execs-to-receive-bonuses/ South Korea’s exports rose for a fourth month in February as a pickup in the world economy spurred demand for the nation’s semiconductors, cars and flat- panel displays. Overseasshipments increased 31 percent from a year earlier to $33.3 billion, the Ministry of Knowledge Economy said in Gwacheon ... http://fininformer.com/south-korea-exports-rose-for-fourth-month-in-february/ Three companies with established operations in the region are exploring expansion projects that could bring 55 jobs to the area. Raytheon Missile Systems, a division of Waltham, Mass.-based defense contractor Raytheon Co., Louisville-based Caldwell Tanks Inc. and Bekaert Corp.’s Shelbyville plant introduced their potential growth plans at a Feb. ... http://fininformer.com/raytheon-caldwell-tanks-bekaert-could-bring-total-of-55-jobs-to-louisville-area/ If Apple cut the price of each TV episode in half — to 99 cents, from $1.99 — would sales on iTunes increase enough to offset the price drop? Experiments are under way to find out, and the head of the nation’s No. 1 television network, CBS, ... http://fininformer.com/networks-wary-of-apples-push-for-99-cent-tv-shows/ Solar energy is about to play a much bigger role in Georgia Power Co.’s Green Energy Program. The state Public Service Commission amended the program Thursday to provide that 50 percent of the utility¹s renewable energy come from solar sources, up from the current 10 percent. The rest of ... http://fininformer.com/green-power-gets-more-solar-energy/ Premier Purchasing Partners has awarded supply agreements to Biotronik Inc. of Lake Oswego, Ore., Minneapolis-based Medtronic Inc. and St. Jude Medical Inc. of Austin, Texas. The companies will provide cardiac rhythm-management devices to members of the Premier health-care alliance. Financial terms weren’t disclosed. Premier Purchasing Partners is a unit ... http://fininformer.com/premier-unit-awards-supply-contracts/ W.L. Gore & Associates Inc. plans to build a $130 million manufacturing facility in Phoenix that initially will employ 500 people and potentially 1,000 at build-out. The project is part of an expansion of the Newark company’s medical products division in Flagstaff. The construction project is expected to employ an additional ... http://fininformer.com/wl-gore-gets-financing-for-130m-complex-in-phoenix/ Louisville Forum, a nonpartisan public issues group, will hold its annual dinner Thursday, Feb. 11, at the Jefferson Club, located on the 29th Floor of PNC Plaza in downtown Louisville. The Forum’s annual Fleur-de-lis Award will be given to former Jefferson County Clerk, Judge-Executive and WHAS Crusade for Children ... http://fininformer.com/louisville-forum-plans-annual-dinner/ America's smallest businesses shed another 12,000 workers last month, extending a two-year streak in which job losses have mounted every month, according to a report released Wednesday by payroll processor ADP.But the tide could be turning: The pace of losses has slowed, and one segment of the market ... http://fininformer.com/reversing-the-jobs-wipeout-what-5000-can-do/