| Blown chances lead to lopsided loss
DENVER -- True, the only Chicago professional sports team playing in Houston on Saturday night was the Bears. And while eyewitnesses saw the Cubs actually playing Colorado in Coors Field on Saturday evening, it almost seemed like they were back in Houston again, where they were swept in a three-game series by the Astros earlier in the week. Like in Houston, the Cubs' offense squandered opportunities to blow the game open early and later paid for it in a 15-2 loss in front of a crowd of 48,095. .
Veteran sent to the crease in Tory bid to dominate the summer
As a cricket fan who kept the nation waiting during a weekend game while he decided whether to stand for the Tory leadership in the summer of 1995, you know John Redwood means business when he stirs in August. On Friday, the former cabinet minister will return to the political front line when he presents a long-awaited report to the Tory leadership on how to improve the competitiveness of the British economy. .
Billionaire made Beloit his business
As a young boy growing up in Janesville, Ken Hendricks was always busy finding odd jobs around the neighborhood -- mowing lawns, raking leaves, clearing snow from sidewalks. When he couldn 't find the time to do the work himself, he organized a crew of friends to help him out. He needed the extra manpower, because by age 8, he was busy enough hauling bundles of shingles up a ladder after school for his father, a building contractor in Janesville. "I had to work every night, so they were out mowing the grass, " Hendricks said. "I think we charged three bucks for grass and I would get a buck and they would get two bucks. They wanted to pick up some extra money but they didn 't feel comfortable, I guess, walking up to a door and asking for the money. " .
Pair of state-chartered banks being organized
A group of investors that includes former Gov. John H. Sununu is now in the process of organizing a new community bank that will serve the Seacoast region and southern Maine, the group's lead organizer said. And another group of bank backers wants to establish state-chartered The Nashua Bank in Nashua. The Seacoast bank, once it is set up, will be known as the Optima Bank and Trust Co. and have its headquarters at Two Harbour Place in Portsmouth. The institution is now going through the regulatory approval process before the New Hampshire Banking Department and the Federal Deposit Insurance Corp. However, organizers are hopeful they'll soon be able to sell shares in the new endeavor, and the bank could be open as soon as this fall. "There has been a lot of consolidation in the banking business in New Hampshire.
New transit chief is eager to get rolling
Allan Pollock has stepped in to lead the Salem-Keizer Transit District during a time of changes and challenges. He started as the district's general manager June 6 after serving as the director of transportation for the city of Montebello, Calif., for five years. The former Huntington Beach resident fills the vacancy left by Jeff Hamm. Pollock joins Salem-Keizer Transit after two failed property tax levies and reductions in bus service. His tenure also begins as the district prepares to implement route adjustments and starts planning for two new transit centers. Looking ahead, Pollock says he's optimistic. He sees the opportunity for the district to grow with the region, and one day, he wants it to become the flagship transit agency in the state. Question: What attracted you to the position of general manager for Salem-Keizer Transit? Answer: The Salem-Keizer Transit District is the type and size of organization that attracts me.
India's outsourcers move to the next level
MUMBAI - "Join the competition before it becomes serious competition" seems to be the hot new strategy for India's business processes outsourcing (BPO) industry, with global leaders such as Wipro - India's third-largest software company - setting up its own BPO centers in countries such as China, Romania, the United States and Egypt.
The seller turning buyer gives an intriguing twist to the global outsourcing business, worth US$930 billion last year and
expected to grow at 15% annually to amass $1.4 trillion by 2009 and dominated by India. That domination is under threat, and the empire is striking back.
T K Kurien, Wipro's chief executive officer for BPO, told the media that his company is setting up two Chinese BPO centers, in Shanghai and Chengdu, to provide accounting and financial services by next month.
KiwiSaver and beyond
Speech notes for address to ASFONZ forum, Deloitte Lounge, Westpac Stadium, Wellington Thank you for the opportunity to talk about KiwiSaver and beyond.
This has been an historic year for superannuation. In August last year KiwiSaver in its original form was passed into law. .
U.N. Warns On Gaza Economy Amid Blockade
The Gaza Strip will soon become entirely dependent on foreign aid and face "disastrous consequences" if the Hamas-run territory remains sealed off, the U.N. warned on Thursday.
A Palestinian business group, meanwhile, estimated that at least 120,000 Gazans could lose their jobs if the closure continues.
Israel and Egypt closed their crossings with Gaza to all but humanitarian aid after the Islamic militant group Hamas violently seized power in the coastal strip in June, exacerbating the poverty among the 1.4 million residents.
However in a special case, Israel on Thursday allowed the last of more than 6,300 Palestinians stranded in Egypt since the closure to return home to Gaza. The military said the last 475 crossed the Egypt-Israel border at Nitzana in the Negev desert, and were then escorted to the Israel-Gaza border at Erez, about 43 miles to the north to end an 11-day operation.
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