"Repeal the ethanol mandate and receive appox. a 10% MPG efficiency dividend. About $25 Billion/year..."
Nice headline number, huh? GM says its Volt electric car will get monstrous mileage, but ZDNet's Larry Dignan's eye landed on the fine print instead.
What happens when it’s summer, 90 degrees and humid and you have a car pool going? When the battery hits a minimum level, the Volt will switch to extended-range mode. In this mode, the Volt’s fuel engine produces electricity.
Aug 11, 2009 3:32 PM
The downtown firm has again been named one of the best places to work for women.
The winning firms have at least 8 percent lawyers working reduced hours (versus an average 5 percent nationwide) and at least 20 percent women equity partners (versus an average 16 percent nationwide). Bass, Berry & Sims PLC was recognized for a number of ongoing related initiatives, including increased use of flex-time, reduced-hour schedules, and other family-friendly policies.
Aug 11, 2009 1:30 PM
DataQuick Information Systems has crunched second-quarter local home sales numbers by ZIP code. Some details: Prices rose in 10 ZIP codes versus a year ago — including in East Nashville and Sylvan Park — while downtown's 37201 is among the biggest losers over the past 12 months. On the sales front, it's interesting to note that Rutherford County's numbers fell by 18 percent versus more than 30 percent for both Davison and Williamson counties. In all, 16 ZIP codes from those three counties saw sales fall 30 percent or more.
Aug 11, 2009 12:59 PM
Nashville-based IT provider Healthcare Management Systems has inked a deal to expand its relationship with an Iowa hospital. One of the key factors: The accelerated depreciation allowed under the American Recovery and Reinvestment Act for investments in electronic health records. SEE ALSO: HMS lands West Memphis deal
Aug 11, 2009 12:22 PM
More than 1.4 million shares of Cumberland Pharmaceuticals (Ticker: CPIX) changed hands during the first two hours of its public life. By lunch time, the shares were off about 1 percent, giving Nashville-based Cumberland a market cap of roughly $285 million.
Aug 11, 2009 12:15 PM
Then chew on this executive compensation nugget from MTSU researchers.
Measured as a share of corporate earnings (after-tax profits), the S&P 500 CEOs share of earnings averaged about 2.4 percent over the entire 15 years from 1993-2007. … The CEO share of earnings generally rose from around 2.5 percent in the mid-1990s to a peak level of four percent in 1999 and, surprisingly, has trended downward since then, ending at a historically low level of about 1.6 percent of earnings in 2007.
Aug 11, 2009 8:12 AM
The surgery center operator said it incorrectly applied a new accounting rule governing minority stakes in joint ventures. The rule, which went into effect at the start of this year, requires AmSurg (Ticker: AMSG) break out the equity held by other parties in its joint ventures and affects about $3 million. See the amended numbers here.
Aug 11, 2009 6:43 AM