GE Aviation to get incentives for 240 North Carolina jobs
Gov McCrory’s office said GE Aviation could receive up to 5 million in state tax breaks if hiring and investment targets are met, with local land, cash and tax breaks raising total incentives above 22 million. GE Aviation, based near Cincinnati, has facilities in Evendale Beavercreek and Vandalia.
MENTIONED IN THIS ARTICLE
North Carolina
Pat McCrory
GE Aviation
Evendale
Cincinnati
Beavercreek
Vandalia
Associated Press
Meat labeling rule challenged by eight groups in federal suit
Eight meat and livestock groups sue in Washington federal court to block a new USDA rule requiring labeling that shows where animals used for meat were born raised and slaughtered. They claim segregation is not in the law and would add cost without food safety benefits. USDA did not immediately comment.
MENTIONED IN THIS ARTICLE
U.S. Department of Agriculture
Washington
USDA
Agriculture Marketing Service
American Meat Institute
Associated Press
Job market shows strength with higher May openings and hires
The Labor Department reports May job openings rising to 3.83 million, up 28,000 from April, with hiring up 46,000 to 4.4 million. Unemployment remains around 7.6 percent as openings cluster in retail and government and construction expand, while quit rates rise, signaling confidence in the job market.
MENTIONED IN THIS ARTICLE
Washington
U.S
Labor Department
Kroger to Buy Harris Teeter in $2.44 Billion Deal
Kroger announces a $2.44 billion cash acquisition of Harris Teeter Supermarkets, expanding in the southeastern and mid Atlantic states. Harris Teeter operates 212 stores across eight states including Delaware Florida Maryland and Washington DC. Kroger expects no store closures but potential FCC required divestitures in overlapping markets to maintain competition. Harris Teeter stores will keep their names and identities.
MENTIONED IN THIS ARTICLE
New York
Kroger
mid-Atlantic
Harris Teeter Supermarkets Inc
Target Corp
Wal-Mart Stores Inc
Dollar
Harris Teeter
Delaware
Florida
Maryland
Washington, D.C
Federal Trade Commission
Mike Schlotman
Fred Meyer
Kroger Co
Davie Hinshaw
Charlotte Observer
Kroger to Acquire Harris Teeter in $49.38 Per Share Deal
Kroger will pay 49.38 dollars per Harris Teeter share in a deal that values the chain with 2 percent premium over Friday’s close. Boards approve. subject to Harris Teeter shareholder approval. Kroger operates 2419 stores in 31 states with Fresh Fare expanding produce and prepared foods.
MENTIONED IN THIS ARTICLE
Schlotman
Kroger
Harris Teeter
Cincinnati
Feds propose stricter health rules for eight big banks
Federal regulators moved to raise our equity to asset ratio for eight banks Goldman Sachs Citigroup Bank of America JPMorgan Chase Wells Fargo Morgan Stanley Bank of New York Mellon and State Street to 5 percent for parent banks and 6 percent for deposit holding subsidiaries The rule would take effect in 2018 and aims to reduce the likelihood of future bailouts by limiting systemic risk posed by these firms
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Federal Deposit Insurance Corp
Office of the Comptroller of the Currency
Goldman Sachs
Citigroup
Bank of America
Jpmorgan Chase
Wells Fargo
Morgan Stanley
Bank of New York Mellon
State Street Bank
Health care system shifts toward electronic records nationwide
Hospitals and doctors are increasingly adopting electronic medical records, with 44 percent of hospitals basic EHR use in 2012 up from 27 percent in 2011 and 38 percent of physicians overall. Yet benefits in safety and efficiency remain limited as sharing across hospitals is rare and rural providers lag behind. Robert Wood Johnson Foundation officials cite federal incentives and looming challenges ahead.
MENTIONED IN THIS ARTICLE
Robert Wood Johnson Foundation
Michael Painter
U.S
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