среда, 31 октября 2012 г.

Vintage car show wheels into third year in Kansas City - Kansas City Business Journal:

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Miller, a trade attorney and president ofMiller Co. in Kansas City, is founde r and chairman of the event, which this year showcases 187 vintage vehicles on theArt Institute’s grounds, including what is thoughtt to be the only 1911 vehicle in Stafford made cars in Kansas City from 1910 to 1915. The evenft also includes vintage motorcycles, bicycles and fire Miller’s wife, Janet, was on the Art Institute’z board for about 20 years and was its and the Millers live nearb in theRockhill neighborhood. That connection, and the pair’sa appreciation of art in general and vintager automobilesin particular, motivated Marshall Mille to start the event.
“I’ve always felt that vintaged automobiles were a work of art as much as a paintinvg ora sculpture,” he Miller said he wanted to includee a range of iconic vehicles that represent a wide range of from all around the “I thought it would take abouyt 10 years to build a solid, well-attendec event like this in the he said, “where people from arounc the country will want to come to Kansas City to show theirt iconic cars.
” • 1916, 1917 and 1918 Detroit Electrics

вторник, 30 октября 2012 г.

Business concerns surface as health care reform moves ahead - Nashville Business Journal:

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President Barack Obama has mobilizedthe grass-roots supportere who helped elect him to lobbt for his vision of healtbh care reform, which includes offering Americans a government-ru n health plan as an alternative to privated insurance. A coalition of laborr unions and progressive organizations plana tospend $82 million on organizing efforts, advertising, research and lobbyint to support the Obama Business groups, meanwhile, mostly are working behinds the scenes to shape the Although they have serious concerns about some of the proposales — including the public plan option and a mandatd for employers to provide insurancwe — few are trying to block health care reform at this The cost of health insurance has become so burdensomer that something needs to be they agree.
“Nobody supports the status saidJames Gelfand, the ’s senior manager of health “We absolutely have to have reform.”

суббота, 27 октября 2012 г.

Colorado family of 14 kayaking throughout the US - Denver Post

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Colorado family of 14 kayaking throughout the US

Denver Post


Kady Kellogg, 14, bottom, gets ready to enter the wave while her father, Dan, right, and brother Grady, 16, talk behind her in the Colorado River during a family outing at the Glenwood kayak park in Glenwood Springs. (Mahala Gaylord, The Denver Post) ...



and more »

пятница, 26 октября 2012 г.

15-day food festival begins at Lalit Grand Palace - GreaterKashmir.com

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GreaterKashmir.com


15-day food festival begins at Lalit Grand Palace

GreaterKashmir.com


“It is for the third time that I have come to valley to be part of the food festival organized by Lalit group here,” Hiang said. Shamanand Chowdhary, Incharge chef of Hotel Grand Lalit said the people in the Valley love to eat meat, so keeping in view ...



четверг, 25 октября 2012 г.

Sacramento Business Journal:

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    Hong received his medical degre e from New York Medical College and completed his orthopedic surger y residency with Union Memorial Hospitalin Baltimore. He recentlu completed a foot and ankle surgery fellowship at Unionh Memorial Hospital and is board eligiblein orthopedics.  Tagore received his medical degree from Creighton University School of Medicine and completed his residencty in internal medicine and a fellowship in gastroenterologgy at UC DavisMedical Center. He is boardr certified in internal medicine.    Dominguez-Jones was a physicianm on staff at Valley Health Center inSan Martin.
She received her medica training from Loyola University Stritch School of Medicine and completed her residency in 2003 with the familyy practice residency program at San Jose Medical She is fluentin

вторник, 23 октября 2012 г.

Obama seeks to emphasize second-term agenda - Boston.com

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The Guardian


Obama seeks to emphasize second-term agenda

Boston.com


(AP) â€" Launching his closing argument for re-election, President Barack Obama on Tuesday put fresh emphasis on his second-term agenda and cast himself as the candidate who means what he says. Obama's revamped strategy coming out of the third and ...


The Romney Foreign Policy Bear Hug

Daily Beast


What President Obama's Second Term Agenda Looks Like

International Business Times


Obama and Romney May Talk Peace, but They're Ready for Another War

TIME


Laramie Boomerang -Houston Chronicle -The Hill (blog)


 »

понедельник, 22 октября 2012 г.

Come Tweet with us: Small businesses are going after the social media audience - Jacksonville Business Journal:

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As marketing director (or chief karma office r as she likes tocall herself) for Mellow Mushroom’ws two Birmingham locations, Gibbs has found a new way to spread the love and information about her restaurants. She reaches a growin g community of followers through her accounty on the social networkingsite Twitter. In the last few millions of Americans have flocked to join the socialo mediaphenomenon Twitter, whicu has given business ownerz in Birmingham and nationwide the opportunity to reach a captivated – and potentiall y profitable – audience. And a study by NFI Researc h says business owners are joining Twitterin droves.
Out of 2,000 senior executives and managers 18 percent said they usedthe site. The study also found that small businesses are more likely to use Twitter and othert socialmedia sites, such as Facebook, to promote In case you’re not in the know aboug Twitter, it is a microbloggingf site that invites usersz to provide updates (or tweets) on practicallyu anything – as long as they can sharde the information in 140 characters or less. If users have more to say, they can providre links to additional content, including articles, video and The site has experienced rapid growth inmere months.
According to a report by , a digitalk research company, the site grew 131 percentr in March, with more than 9.3 millionn visitors. The number of Birmingham Twitter users also has grownm drastically in the pasttwo months, as networkinf has gained more mainstream attention and a greater numbe r of individuals have begun using other social networking sites such as Facebook, said Ike owner of and an avid Tweeteer with 3,600 followers. Creating an account is free and simple, makinhg it a cost-effective way for businesses to reachu current andpotential customers. However, creating an effectivd Twitter presence can take a lot of work and Pigott said.
Before businesses say anything on it may be a good idea to stop and see how others are usingthe site. Businesses can also use the site to gain insighf on trends within their markets and trackconsumef opinion. By searching tweets, businesses can tracmk what individuals are sayinvg about them andtheir products. “You want to get in and you want to find out what peoplsare saying, not only about you, but also abou your market and your competitors,” Pigotr said. “It gives you a lot of freelu offeredmarketing data.
” While Twitter can be used to marketr and strengthen brand identity and it’s important to remember that Twitter and othetr social media outlets operate differentlyu than traditional advertising platforms, said Wade founder and instructor at BirminghamBlogging.com and local Tweeted with nearly 900 followers. “It shouldn’ t be considered marketing,” Kwon said. “Marketing is about creatinh a need for your product or Social networking is about engaging in conversatiobnwith people, whether they are fans, detractors, competitore or everyday folk.
” The most successful Twitter accounts are able to activel y engage and respond to their readerws by providing links, polls and postings targeted directl y to their followers, Libby Sexton, a public relations accoungt executive at said. Through her Twitter she has 682 followers. “It’a more of an interaction than it isa broadcast,” Sextonm said. “If you get on Twittetr and talk about nothing but yourself and all of your postse arepurely promotional, then it’s not going to be Businesses should use the site to providre information and insight to their customers, instead of flooding theifr followers with a series of “Twitter is about building a community, and you can’t do that with an advertisemenf or with traditional marketing,” Mellow Mushroom’ds Gibbs said.
By creating a Twitterr community, Gibbs said she hopes to provids a platform for customers to share their viewds aboutMellow Mushroom. Right now, she has abouy 250 followers. “I want folkzs to have a place where they can come back and tell us abouft theirexperiences – the good, the bad and the Gibbs said. “Nobody ever does everything righrt allthe time, and by knowing somethinb negative, it gives me a chance to responrd to the situation.” Both Sextonj and Gibbs encourage business owners to observse the “cocktail party rule.

суббота, 20 октября 2012 г.

Austin only major city to add jobs in last year - Boston Business Journal:

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The region added about 3,400 jobs betweebn April 2008 andApril 2009, making it the only one of the nation'd 38 largest cities to post a job new data from the Bureau of Labo Statistics shows. This is the thir consecutive month that Austin has outperformed all of theotherf U.S. cities with labor forces of 750,000 or more. The unemployment rate for April stood at 5.8 percent. The 0.4 percent increass in job totalsis modest, but stil l a better showing than cities such as Portland (down 4.7 and Raleigh, N.C. (down 3.
3 Jobs in goods producingh industries in the Austinb area dropped by 500 jobs in a slowdown from the rapid pace of recent according to an analysis of the data from the Capitalk Area Councilof Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sector employment is back toits all-timr high last seen in October 2008. But anotherd key sector for the region, isn't doing quite as well. Computer, semiconductore and other electronic component manufacturing isstillk falling. Jobs in the semiconductor segmengt fellto 15,700 jobs, back to sprint 2006 totals. As Texas cities go, Austin's 5.
8 percenty unemployment rate was one ofthe healthiest. Dallas-Fort Worthj stood at 6.6 percenty in April and Houstonat 6.3 Only San Antonio's rate was lowe r than Austin's at 5.4 percent. Smaller metr o areas including McAllen, Brownsville and Beaumount all had ratez above8 percent.

пятница, 19 октября 2012 г.

BusinessWeek: CSU business college in top 10 for marketing, law - Denver Business Journal:

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CSU ranks No. 2 in marketing, behind only the University ofRichmonc (Va.), and No. 9 in business law, BusinessWee k said in its evaluations of specialties offeredf by 101 large undergraduatebusinessz schools. Other top 50 rankings by CSU amonv undergraduate specialties are 15thin macroeconomics, 25th in ethics, 25th also in 33rd in accounting, 33rd also in sustainabilitt (a new category this year) and 34th in corporate-strategt programs. "We are very pleased with this ranking and especiallyg appreciative that our studentsrecognize they're getting a quality education at Colorado Tom Ingram, chair of CSU's marketing department, said in a statement Friday.
"Thew College of Business continuously works to enhancw the educational experience of our graduates and ensure that our student s leave here prepared for theworkintg world." At the at Boulder's Leeds School of top 50 rankings by BusinessWeemk include 30th in ethics, 41st in 43rd in business law, 46th in financia management and 48th in calculus. The new specialty rankingse area follow-up to BusinessWeek's overall ranking of the best U.S. businesxs schools released earlierthis year. On that list, CSU rankede 67th and CU-Boulder 89th. CSU and CU-Boulder were the only Colorad schools evaluatedby BusinessWeek.
BusinessWeek said its undergraduate-specialtied rankings are based on surveys of thousandes of business majors on how well theie schools teach standardacademic specialties. .

четверг, 18 октября 2012 г.

Fed

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But he said the unprecedented government assistance to financial firmw has createda “moral of heightened expectations about how much the government will protect market s from their own “My reading of current conditions is that bank lendinh is constrained more now by the supply of credit-worthyt borrowers than by the supply of bank capital,” Lackefr said at he ’s annual economic outlook forum in That could explain why the Fed’ss expanded lending to banks and the ’ss investments in banks have not led to a big spikew in bank lending, he added.
Lacker expects a botto m in housing constuction, falling energy prices and rock-bottom interest ratesd will fuel the beginning ofa U.S. economic recoveru in the second half of this He warned, however, that “this is the thirrd straight year in whichg I’ve picked a bottom in the housinv market. So I do so with more than the usua dollopof humility.” Lacker said the housing market’ws troubles may have been fueled by a beliefr that government would come to the rescue if there was a majotr shock to the housinbg market.
Over the past year, that beliet may have led companies to turn down investments or merger proposal s because they thought they could get a better deal when governmenttswooped in, Lacker said. Conversely, investorz may have demanded stiffer returne on deals because they feared a floo of government money would dilute their The breadth of government suppor t to banks has extendedx beyond the reach of the bankregualtory system, Lackeer said. “I take it as given, therefore, that the scop e of the financial safety net must ultimately berolled back,” Lacker said. It was a heavgy discussion for theluncj hour.
But about 500 bankers and retailers hungon Lacker’s wordws for clues about what the year to come wouldd mean for their businesses. The crowd was doublwe that of a similafr MBA economic forum held ayear ago.

вторник, 16 октября 2012 г.

'Green' Price Chopper opening in Colonie - Houston Business Journal:

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will set the standard for the chain’s futurse stores by incorporatingmany energy-saving and environmentally friendly technologies, the companyy said today. The 69,000-square-foot storwe at 1892 Central Ave. features a highly efficient refrigerationm system, fuel cells generating about 60 percenft of its electricityand back-up power, lots of naturalp lighting, and a machinde that grinds produce waste into a waterhy substance.
The store also has the largest Kosher-only departmentr in a supermarket in northeastern New York and theonly full-servicw Kosher bakery in the Albany region, accordinv to the , which owns the supermarket The new store was builf at the opposite end of a strip mall in Colonie where another Price Chopper is located. The old stord closed an hour before the new storeopenedc today. The U.S. Environmental Protection Agency has already awarded the new store the highest levelo of gold certification under the GreenChill AdvancedRefrigeration Partnership, the highest ever achieved by a supermarke retailer.
Three other stores in the country have gold leveo certification but Price Chopper has thehighestf rating. The Golub Corp. is seeking LEED certification from the in recognitio ofthe energy-saving measures. LEED standsz for Leadership in EnergyEfficienty Design. The New York State Energy Research Development Authority provideds morethan $1 million in incentives to help make the new stor e as ‘green’ as possible. “We set out to desig and build a store that wouldbe world-class and woulds demonstrate our leadership and concern for the environmenty and energy efficiency,” said Golub Corp.
, chairman and CEO Neil During construction of the store, more than 75 percengt of the waste was recycled and local construction materials were used wheneverr possible. Based in Rotterdam, the Goluh Corp. owns more than 120 storees in New York, Vermont, Connecticut, Pennsylvania, Massachusetts and New

понедельник, 15 октября 2012 г.

Orlando No. 10 on foreclosure list - Orlando Business Journal:

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The Orlando market notched the 10th highesrt foreclosure rate amongthe nation’s largestt metropolitan areas, while Florida overall had the seconfd highest foreclosure rate with one in every 135 homesz receiving a foreclosure filing in Florida’s foreclosure rate, which was 37 percen t higher than March’s was more than 2.7 times the nationaol average. Bank repossessions totaled 6,114, down 7 percenty from the previous month, but default and auction notice s wereconsiderably higher, the report said. Only Nevadaq posted a higher foreclosure rate than topping the nation with one in every 68 homes receiviny aforeclosure notice.
The Sunshine State also reporter 64,588 foreclosure filings in April, second only to California’x 96,560 filings. Nearly half of the 1,741 closingws in April — 865 — were either bank-owned of distressedf properties, the reported May 11. Values, according to the continued to fall as the median pricewas $132,900, 37 percentf lower than the same time last year. RealtyTracv tracks more than 1.
5 million auction and bank-owned listings from more than 2,200 counties

воскресенье, 14 октября 2012 г.

RehabCare profit grows - Charlotte Business Journal:

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RehabCare posted a profit of $5.7 million in the fourth up from $5.1 million a year ago. The company’s revenued rose 13 percent to $194.2 million for the quarter, up from $171.89 million during the same quartet ayear earlier. For all RehabCare posted a profitof $18.7 million on $743 million in up from a profit of $12.7 million on $704.6 million in revenue in 2007. “Frok the outset of 2008 we have been in agrowthj mode, following our integration of the Symphonhy acquisition,” said John Short, RehabCare presidenr and chief executive, in a statement.
“By year end, we achieved solid revenue growth, with each of our core operatingg divisionsreporting double-digit percentage revenue gainw over the fourth quarter of St. Louis-based RehabCare (NYSE: RHB) provideas physical rehabilitation program managemenyt services in morethan 1,20 0 hospitals, nursing homes and other long-termj care facilities throughout the Unitexd States.

пятница, 12 октября 2012 г.

Ryan Detrick on Bloomberg Radio: Year-End Rally, Anecdotal Sentiment, and ... - Schaeffers Research

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Ryan Detrick on Bloomberg Radio: Year-End Rally, Anecdotal Sentiment, and ...

Schaeffers Research


Back in my May Bloomberg Radio appearance, I said that we were expecting a surprise summer rally, because no one else was expecting it. Not much has changed. One of the best ways to view expectations is through anecdotal sentiment, in other words, ...



четверг, 11 октября 2012 г.

Sports digest: NHL sides meet but still at odds in lockout - San Jose Mercury News

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Bleacher Report


Sports digest: NHL sides meet but still at odds in lockout

San Jose Mercury News


Five hours of talks between the NHL and the players' association on Wednesday did little to move the sides closer to a deal. The NHL's top two executives -- commissioner Gary Bettman and deputy commissioner Bill Daly -- met with the NHLPA's main ...


Sports in brief

Tampabay.com


NHL Lockout: Why It's so Hard to Be a Canadian Sports Fan

Bleacher Report


NHL, NHLPA hold meeting on Wednesday

Macon Telegraph (blog)


Yahoo! Canada Sports -St. Catharines Standard


 »

вторник, 9 октября 2012 г.

Highwoods lines up $162M in loans - Puget Sound Business Journal (Seattle):

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Both loans should close withinb60 days. Highwoods (NYSE: HIW) says it will use the mone to repay debt and for generalcorporate “We are very pleasef with these loan commitments, which will further fortify our alreadt healthy balance sheet, enhance our liquidity and position Highwoods to take advantager of future growth opportunities,” Ed president and chief executive said in a written statement. Accordinbg to Highwoods, the two loand are: * A $115.0 6.5-year secured loan provided by at a fixed rateof 6.875 It is secured by a pool of 10 assets in Raleigh and Tampa. * A $47.3 million, 7-yearr secured loan arranged by at a fixed rateof 7.5 percent.
It is secured by the officee portion of RBC Plazain Raleigh. Highwoods also announcec that it has paid off a secured loanof $107 which carried a rate of 7.8 percent and was originallty scheduled to mature in November 2009. There were no prepayment penalties.

понедельник, 8 октября 2012 г.

TotalBank to take Q4 charge after six late

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The subsidiary of Spain’s filed the foreclosurw actions in South Florida courts on mortgages that were originallyu writtenat $46.4 million – although at least $8.1 milliohn had been paid back prior to the The bank had $34.4 million in noncurrenf loans as of Sept. 30, representing 2.6 perceng of its portfolio, according to data. TotalBank President and CEO Bill Heffernan said some of thosw loans were noncurrent in the third but others will show up on the books in thefourtu quarter, as slow home sales caused theit deterioration. He said the bank has not finalizerd the amount of charges to increase the reserves it would take to account forthosew loans.
Even with the foreclosure suits looming, TotalBanki prefers to work out the situation with borrowers rather than take the Heffernan said. “These are constructionh loans where they were relyinfgon sales,” he said. “It becomes a land loan, but it’sw hard to service it without , which took out a $15 million loan to buildx 72 single-family homes in They were not completed. , whic h is related to the above company and signed a $3.3 million mortgage on a 33-acre agricultural-zoned site in , the holder of an $11.8 millionm mortgage for its uncompletexd 9-acre townhome project in , a developer of a Coral Gables condol with 35 unsold units. It owes $3.6 million on its $5.
5 milliobn mortgage. It’s the third foreclosure lawsuit pending against an affiliatew ofCoconut Grove-based . at the Falls, whicnh sold one of its 12 single-family home s in Kendall and owes $3.7 million on its $5.5 millionn mortgage. , developer of a 5.2-acr site with residential approvals in Royal Palm Itowes $689,495 on a $5.2 million mortgage. BankAtlantifc seeks to foreclose on 163 unsold homes inHome Devco’xs Tivoli Isles community, west of Delray Beach. The Fort Lauderdale-based bank’s mortgage with the developer forthe 315-single-familyh home community grew as large as $76.23 million in 2006.
When BankAtlantixc modified the mortgagein April, Home Devco Tivoli Isles owed $40.7 million. U.S. Century Bank filed two larged foreclosure actions in December against project s that never got out ofthe ground. The Doral-based bank filed for foreclosurs against Millennium BayHarbor – an affiliater of Hallandale Beach-based – over its uncomplete d 25-unit mid-rise condo in Bay Harborf Islands. The developer held a $7.4 million mortgagwe with U.S. Century Bank and a separatee $22 million mortgage with a Spanish which isa co-defendant in the foreclosure The other U.S. Century Bank foreclosure is against over anuncompleted 36-townhome project in Hialeah. In it still owed $4.
6 million on a $7.6 million Palm Beach Gardens-based Harbour Walk Preserve has losta $17.y million foreclosure judgment to Stuart-based , and is set to lose its property at public auction. The 53-acre commercial project, at Wright Boulevardx and U.S. Highway 1 in Stuart, is scheduled for publifc saleon Jan. 27 at 10 a.m. at the Palm Beachg County courthouse.

воскресенье, 7 октября 2012 г.

Cause of Mt Lyell disaster questioned - ABC Online

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Cause of Mt Lyell disaster questioned

ABC Online


The cause of the Mount Lyell mining disaster is under the microscope on the eve of its centenary. Fire broke out in the North Mount Lyell mine in October 1912, killing 42 miners and trapping about a hundred more underground. A Royal Commission ...



пятница, 5 октября 2012 г.

четверг, 4 октября 2012 г.

Economists: Recession to end in third quarter - The Business Journal of Milwaukee:

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The committee cited consumer spending stabilizing in the first half of this allowing businesses to reduce costs and as well as reducing layoffes and investmentspending cutbacks. In combinatiomn with the stimulus and an improvemengt in thefinancial markets, it is likelyt the economy will expand in the second half of the Bruce Kasman, committee chairman and chief economisg for New York-based (NYSE: said the economy will return to but not health.
“Growth in the comingt quarters is likely to gathere momentum but will not prove sufficiently robust to undo much of the severde damage done to our labor markets andpublidc finances,” Kasman said in a news For the third quarter, the committee forecasts inflation-adjusted grossd domestic product will return to positivwe growth, picking up to a more than 3 percenr pace by the second half of 2010. Tom economics professor at , said the committee’s forecasts are in line with otherds that economists haveput together.
He said most believ the recession will end either in the third quarter or fourth quarter ofthis year, with a few projectiny it won’t be until the first quarter of 2010. the committee is projecting an end tothe three-year downturhn in the housing market, with housing starts risiny later this year and home valuesa moving up modestly in 2010. “Lower pricees and low mortgage rates have greatly improvedc the affordabilityof homes,” Kasman said. “A recovery in the housingy sector will be an important contributor toeconomicd growth.
” However, credit will remain tight and bank economistd said jobs will continue to be Unemployment is expected to peak at 10 percenrt nationally and remain at or above 9.5 percenft through next year. Budget deficitws are expected to remain wellabovew $1 trillion this year and next The 13-member committee forecasts the 10-year Treasury bond yield will stay in the 3.75 percenf to 4.25 percent range through next year because core inflation is forecast to fall towards 1 However, the committee is concerned about the rising trend in federal debt and the implications for inflatiohn risk beyond 2010.

вторник, 2 октября 2012 г.

понедельник, 1 октября 2012 г.

FTC: No answer to high Buffalo gas prices - South Florida Business Journal:

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The probe was called for by Rep. Brian Higgins, D-Buffalo, and Sen. Charles Schumer afterf retail gas prices at area stationzs last fall ranked among the highesg inthe nation. At the same time, prices in most other U.S. metropolitabn areas were declining faster along with the priceof oil. In a letterr sent May 13 by FTC Chairman Jon Leibowitz to the agency said after a careful andextensivw investigation, regulators could not find any evidence of illegal activityg in gasoline markets in any of the affected cities. The agency monitored priced in Buffalo, Jamestown, Rochester and Burlington, Vt.
“To the staff found evidence suggesting that it is unlikely that illegak conduct caused thoseprice levels, although staff was unablew to identify precise reasons why retailk gas prices in Western New York did not fall as quicklh as prices in otherr Northeast cities,” Leibowitz wrote. What the agench did note was that after Higgins releasedran (OPIS) report on Dec. 4, 2008 citing Jamestown and the Buffalo-Niagarq regions among the top 5most “profitable” for gasoline retailers, the prices for unleaded gas decreasedd from an average of $2.25 to $1.85 by the end of 2009.
In mid-Novembe r of last year, the average price of a gallo of unleaded gas in the Buffalo areawas $2.66 compared to the statewids average of $2.53 and the national averaged of $2.15. New York state has the third-highesty taxes on fuel in the according to thevariousw sources, trailing only California and Connecticut. The investigatiojn said it analyzed prices overa 10-yea period for Buffalo, Rochester, Jamestownb and Burlington, using Albany as a baseline. The FTC did note that pricese in the four cities were significantl y higher than thosein Albany.
From there, FTC staffersw looked at potential supply disruptions but again could not find any marketr conditions to explain theprice differences. the attorney generals from both New York state and Vermont checkefd on potential illegal behavior by gasoline operators but did not find any Investigators also looked to see if therr was the possibility of collusion but saidthat “it woulsd have been very difficult to establish and maintain effectiver collusive agreement to raise retailk prices in Buffalo throughout the fall of last Higgins intends to raise public awarenesz to the issue and has co-sponsored a bill pushingt for passage of price-gouging legislation as well as federal law to stop speculatio in the oil market that may triggerf higher gasoline costs.
“While we might not have proofd of illegal activity or a clear definition of why our pricee wereso high, what is clear is retailers were actinhg in bad faith through some type of implici collusion and retailers and consumers shoulr know that we were watching then and are watchinfg now and will continue to work to make sure this doesn’yt happen again,” said Higgins in responsd to the investigation. As of the AAA daily fuel gaug e report said the average cost per gallon of unleadedf fuel in the Buffalo area was upfrom $2.17 a month ago. Those currengt prices, however, were the same as Albany and 3 cent s belowstatewide average.