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CHAMBERSBURG, Pa. (AP) – School officials aren’t releasing the results of tuberculosis tests administered at a central Pennsylvania high school where someone was diagnosed with the potentially deadly infection. Chambersburg Area School District Assistant Superintendent Cathy Dusman says health privacy laws prevent the school from releasing the number of positive or negative results returned by [...]

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3 bank stocks with big upside

By Igor Greenwald, MoneyShow.com Two months ago, I called bank stocks “lepers,” harping on the market’s lack of faith in the financial health of Morgan Stanley (MS), Bank of America (BAC), Citigroup (C), and other money-center banks trading at vast discounts to alleged book value. Lower lows followed shortly, but for the past six weeks much of the banking sector has been rebounding. [...]

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Starwood’s Bonds Pay Investment-Grade Yield: Corporate Finance

Jan. 10 (Bloomberg) — Starwood Hotels Resorts Worldwide Inc., owner of the St. Regis and W brands, is getting an upgrade in the credit markets as investors anticipate its departure from junk status with rising earnings outweighing stock buybacks. Credit-default swaps on Starwood have fallen to levels that imply its debt should be rated Baa2, [...]

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Law professor investigates rise of corporate social responsibility in China

But this summer, the Conference Board, a leading source of global business research, surveyed 476 leading companies in China and found that 60 percent of the non-foreign-invested Chinese companies had a strategy for corporate social responsibility or sustainability, and half had specific funds dedicated to corporate social responsibility implementation. Virginia Harper Ho, an associate professor [...]

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New laws lengthen school board terms

News Published: Tuesday, January 10, 2012 By JEANNE KNIAZVOICE REPORTER The Memphis Board of Education is contemplating the ramifications of the election consolidation legislation signed by Governor Rick Snyder in late November that will mean changes for Michigan school boards beginning in January. Public Acts 232 and 233 of 2011 amend state law to require [...]

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Bank of America defends small business practices

Bank of America was put on the defensive by recent reports, notably in the Los Angeles Times, that it was unfairly tightening up credit for small businesses. Bank of America calls the media reports “speculation,” noting that it has “put in a maturity date and annual renewal process in lines of credit, which are considered [...]

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Vilia Valentine Named Inspirato’s New Chief Financial Officer

DENVER, Jan 10, 2012 (BUSINESS WIRE) – Inspirato, the new destination club for a savvy generation of luxury consumers, has tapped senior executive Vilia Valentine for the company’s new role of Chief Financial Officer (CFO). “We are extremely pleased to have Vilia join our team — especially during such an exciting time in our company’s [...]

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Lawsuit Pits Political Activism Against Campus Diversity

An official of the University of Iowa College of Law, where Ms. Wagner applied for a job in 2006, certainly seemed to think so. “Frankly, one thing that worries me is that some people may be opposed to Teresa serving in any role, in part at least because they so despise her politics (and especially [...]

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Send kids to school or else

INDEPENDENT NEWSPAPERS Julia Naidoo does a last bit of stationery shopping for her daughter in Cresta, Joburg, and is unaware of the new legislation that could see parents facing jail time for their childrens absenteeism from school. Photo: Timothy Bernard Related Stories Jailing parents of truants ‘harsh’ Make sure your children go to school this [...]

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Bank of America Laying off 20% of Asian Staff

Like us on Facebook “That sounds like carnage,” said Richard Broadhurst, who runs Hong Kong-based Initiative Recruitment. TOP TITLE Cho was the co-head of mergers and acquisitions in Asia ex-Japan, Australia and India and was appointed to the role in May 2009. His departure would represent one of the most senior Asia Pacific investment bankers to leave [...]

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