September 7, 2010

Judge doesn’t allow pay cuts for California state workers

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Gov. Arnold Schwarzenegger and his administration made a decision about reducing the state workers’ hourly wage to the federal minimum wage, which is $7.25/hour. The cause of this pay cut is related to the lack of state budget in place. Two courts have agreed, that state laws require the reductions of pay checks, but John [...]

A.I.G. has to pay $725M to 3 Ohio Pension Funds

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The 10th largest securities class-action settlement is the result of a case between American International Group (A.I.G.) and three Ohio pension funds.  The case involving one of the biggest insurance companies in the United States started six years ago, when a lawsuit was filed against A.I.G on behalf of Ohio pension funds. The pension funds [...]

Three dead, ten injured in New Mexico office shooting

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Robert Reza a 37-year-old gunman shot and killed two people at an office in Albuquerque, before committing suicide. Police officers responded to a 911 call at 9:26 AM, the caller told the dispatcher that multiple shots had been fired. Officers entered the office building minutes after the 911 call, and they found ten people who [...]

Nasa and Japan Work Together on Cloud Computing Project

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NASA and Japan’s National Institute of Informatics (NII) have announced plans to explore interoperability opportunities between NASA’s Nebula Cloud Computing Platform and Japan’s NII Cloud Computing Platform. Chris C. Kemp, NASA’s Chief Technology Officer for Information Technology, launched this effort on June 3 with a live demonstration of interoperability between NASA Nebula and the NII’s [...]

California State Assembly passed important energy bill

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The California State Assembly yesterday passed AB 2514, landmark legislation that will create a smarter, cleaner electric grid, increase the use of renewable energy, save Californians money by avoiding costly new power plants, and reduce greenhouse gas emissions and other harmful air pollutants through the use of energy storage technologies by utility companies. Authored by [...]

Jail population declined in the U.S. by over 2% in the last 12 months

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As of midyear 2009, 767,620 inmates were held in custody of county and city jail authorities, the Bureau of Justice Statistics (BJS) in the Office of Justice Programs, U.S. Department of Justice, announced today. During the 12-month period ending June 30, 2009, the local jail population declined by 2.3 percent (down 17,936 inmates). This is [...]

Accountant sentenced to 19 years because of a $13M Ponzi scheme

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William Murray, 56, of Sacramento, was sentenced today to 19.5 years in prison, followed by three years of supervised release for mail fraud and interference with tax administration in a Ponzi scheme, announced U.S. Attorney Benjamin B. Wagner. U.S. District Judge Edward J Garcia also ordered Murray to pay restitution of $10,375,118.31 to victims of [...]

Vegas Reality iPhone app helps tourists

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Continuing its legacy of innovation, MGM MIRAGE (NYSE:MGM; ww has launched five free iPhone apps delivering new ways to explore Las Vegas hotels and attractions. The applications are available through iTunes. “Vegas Reality,” the city’s first dedicated Augmented Reality application, merges real Vegas with virtual Vegas for a multi-dimensional experience of its hotels, restaurants and [...]

U.S. NRC awarded $77M to Lockheed Martin to track radioactive material

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The Nuclear Regulatory Commission has awarded Lockheed Martin a 10-year, $77.4 million contract to provide secure software tools to manage data on radioactive materials, including transactions involving radioactive materials, and the materials licensing process. Under the Integrated Source Management Portfolio (ISMP) Program, Lockheed Martin will provide the NRC Office of State and Federal Materials with [...]

Car Thefts Decline in the U.S.

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The National Insurance Crime Bureau (NICB) reported today that 2009 marked the nation’s sixth consecutive year of declining vehicle thefts in the United States. NICB’s Hot Spots report examines vehicle theft data obtained from the National Crime Information Center (NCIC) for each of the nation’s MSAs. MSAs are designated by the Office of Management and [...]