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Local Manufacturing Plant to Layoff 250+ Jobs
2015-06-09 00:52:37| Industrial Machines - Topix.net
A flooring company has floored several of its employees. Shaw Industries, Inc. has announced a mass layoff at its manufacturing plant in Bainbridge.
Tags: local
jobs
manufacturing
plant
FCC allows cable firms to lift rates without local approval
2015-06-04 14:32:00| Telecompaper Headlines
(Telecompaper) US cable providers, including Comcast, can now raise customer rates without approval from local governments under a change adopted by the US Federal Communications Commission (FCC) over opposition from broadcasters, Bloomberg reported. Currently, cable companies seek FCC approval to escape local rate-setting. Requests are almost always granted: the agency says it approved all but four of 224 since 2013. With the change, the FCC will assume cable companies deserve to escape local rate regulation. It falls to jurisdictions to ask for permission to retain that power. The FCC said it was changing its 22-year-old rule because the market has changed, with nationwide competition from satellite television. Comcast said only about 17 percent of its subscriber base was subject to rate regulation by local government. Cable companies backed the move, saying it eliminates needless red tape. Consumers Union told the FCC that "there is little evidence to suggest that today's cable marketplace is a competitive one" given subscription rates rising faster than inflation. Broadcasters fear cable companies can now assign TV-station signals to pricier tiers, cutting the audience for local programming, said Dennis Wharton, spokesman for the National Association of Broadcasters trade group.
Tags: local
rates
cable
approval
Mobinil to offer stake on bourse or to local partner in 2016
2015-06-04 11:10:00| Telecompaper Headlines
(Telecompaper) French telecom operator Orange said Egyptian subsidiary Mobinil is planning to offer 10-15 percent of its stock on the Cairo bourse next year, or to sell the stake to a local partner. The group's CEO Stephane Richard also said at a news conference in the Egyptian capital Cairo that Orange will increase its stake in a Moroccan subsidiary to 49 percent from 40 percent, as part of plans to expand in North Africa, Reuters reported.
Tags: local
offer
partner
stake
Local Pharma firm plans to construct 3 new facilities
2015-06-02 18:21:16| Biotech - Topix.net
The Valley Forge, Pa., pharmaceutical distribution services company said its is building facilities in Olive Branch, Miss.; Shakopee, Minn.; and Newburgh, N.Y.; to "improve product access and increase supply chain efficiency." The building projects are part of AmerisourceBergen's ongoing investments in improving its shipping and information technology systems.
Tags: local
plans
firm
facilities
Rust-Oelum Helps Revamp Local Kids Ride
2015-06-02 07:00:00| Coatings World Breaking News
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