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`Nuclear power is our next focus`

The company is focusing on consolidating captive raw material resources as input prices continue to surge at a frenetic pace. Sajjan Jindal spoke to Ishita Ayan Dutt on the company’s current acquisition target, United Coal, and its future plans. Excerpts:

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House debates health bill

The bill includes an apparent concession to businesses, which balked at paying further assessments.

In the measure House legislators are considering, businesses with more than 10 employees that don’t offer "fair and reasonable" insurance coverage would basically be able to pay their annual assessment each quarter, rather than once or twice a year. Gov. Deval Patrick had proposed options that would have forced more businesses to pay additional fees.

The existing law requires businesses with more than 10 employees that don’t offer "fair and reasonable" coverage to pay $295 per employee per year. They can avoid fees if they pay at least 33 percent toward individual coverage or have at least 25 percent of their employees in the company plan. Patrick would have required both the 33 percent and 25 percent thresholds to raise $33 million. more

New disability rules concern businesses, access advocates

Miniature golf courses are among the millions of businesses and other public facilities that would be affected by proposed regulatory changes under the Americans with Disabilities Act, the milestone 1990 civil rights law that prohibits discrimination on the basis of disability.

The proposed regulations address a wide range of facilities -- including access to courthouses, drinking fountains, amusement park rides, stadium and theater seating, fishing piers, boat slips and bowling lanes -- and establish specific requirements for qualifying accessible designs. For miniature golf courses, 50 percent of the holes would have to be accessible for players in wheelchairs.

The 1,000 pages of regulations proposed by the Justice Department are drawing intense scrutiny from businesses that foresee a financial drain and disability rights advocates who say they are long overdue and don't go far enough. more

Family company buys Beechwood

Collapsed NSW home builder Beechwood Homes has been sold as a going concern to a family-owned business, Cavasinni Constructions.

Beechwood's receivers, Deloitte, said yesterday that the business was sold for an undisclosed amount with all assets, including existing land, buildings, contracts and copyright.

It will be sold to Resibuildco, which will be funded by Cavasinni Constructions and the Cavasinni family.

The business will continue to trade as Beechwood.

Beechwood went into voluntary administration on May 13, leaving 360 consumers with their homes partly constructed and 580 others in limbo after paying deposits and buying plans.

A report from administrator Armstrong Wiley found the main factor in the building firm's collapse was its $43.8million involvement in a horse-breeding syndicate, Written Bloodstock. more

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Preparing for A New Breed of Learners
Father Boccaccio recalls a similar heartwarming experience with Helen, when the Most Reverend William E. Lori, Bishop of Bridgeport, visited her in the nursing home in July 2004—two ...

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