Report: Despite Obama's wishes, some states use stimulus to make up for education cutsOctober 1st, 2009 Report: States are not boosting aid for schoolsWASHINGTON — An internal watchdog at the Education Department says states are using money from the economic stimulus to plug budget holes instead of boosting aid for schools. President Barack Obama did not intend for state lawmakers to simply cut state education spending and replace it with stimulus dollars.
Major companies tentatively scheduled to report earnings for week of 8/3/09July 30th, 2009 Earnings schedule for week of 8/3/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
THE WOODLANDS, Texas — Anadarko Petroleum Corp. releases second-quarter financial results.
Obama administration using $5 billion provided by stimulus law to encourage changes at schoolsJuly 24th, 2009 Schools to compete for $5B from stimulus lawWASHINGTON — States and school districts will soon be able to compete for more federal money to undertake school reforms sought by President Barack Obama. Part of the economic stimulus law enacted earlier this year, the $5 billion education fund is Obama's big shot at overhauling schools over the next couple of years.
Obama to make education remarks Friday, sign proclamation on the disabledJuly 24th, 2009 Obama to address education reform on FridayWASHINGTON — President Barack Obama is turning his attention to education and people with disabilities. He'll deliver remarks on how schools can compete for more federal dollars Friday afternoon at the Education Department.
Promise of extra stimulus dollars helps Obama push states to adopt his school reformsJuly 24th, 2009 States to compete for extra stimulus dollarsWASHINGTON — States and school districts will soon be able to compete for $5 billion to undertake school reforms sought by President Barack Obama. Part of the economic stimulus law enacted earlier this year, the $5 billion fund is Obama's big shot at overhauling schools over the next couple of years.
Earnings schedule for week of 7/27/09July 23rd, 2009 Earnings schedule for week of 7/27/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday
THOUSAND OAKS, Calif. — Amgen Inc.
Governors: Federal stimulus money helped many states avoid deep cuts in public servicesJuly 18th, 2009 Govs: Federal stimulus helped states plug budgetsBILOXI, Miss. — A bipartisan group of governors said Saturday that the federal stimulus package helped states avoid deep budget cuts during the recession.
School construction, education spending take back seat as states use stimulus to stay afloatJuly 8th, 2009 Audit finds states using stimulus to stay afloatWASHINGTON — The Obama administration hoped spending $787 billion in stimulus would jump-start the economy, build new schools and usher in an era of education reform. But government auditors say many states are setting aside such grand plans and simply trying to stay afloat.
Hoped-for education boost takes back seat as states use stimulus money to stay afloatJuly 8th, 2009 Audit: States using stimulus just to stay afloatWASHINGTON — Projects in some of the nation's poorest areas don't appear to be getting a fair shake in the spending of $787 billion in stimulus funds, the chairman of the House oversight committee said Wednesday. Rep. Edolphus Towns, D-N.Y., chairman of the panel, said he was particularly concerned that transportation projects in economically distressed areas were being left out — even though they are supposed to be a priority.
Education secretary: States that cut school aid may not get extra stimulus moneyJune 18th, 2009 Duncan: States could lose out on stimulus cashWASHINGTON — The Obama administration warned states Thursday it may withhold millions of dollars if they use stimulus money to plug budget holes instead of boosting aid for schools. Education Secretary Arne Duncan made the threat in a letter to Pennsylvania Gov.
Energy Dept. releases $300 million for vehicle efficiency research, other projectsJune 11th, 2009 DOE releases money for vehicle efficiency researchWASHINGTON — The Energy Department says its making $240 million available for research into more fuel-efficient large trucks and passengers vehicles. It also is providing about $11 million for nine projects looking into capturing carbon dioxide from coal plants and $49 million for two dozen solar technology projects.
Earnings schedule for week of 05/04/09April 30th, 2009 Earnings schedule for week of 05/04/09Major companies tentatively scheduled to report quarterly earnings next week:
Monday:
CINCINNATI — The E.W. Scripps Co. releases first-quarter financial results.
Report finds state budgets hammered by national recessionApril 23rd, 2009 Report: Recession hurts state budgetsNEW YORK — The national economic recession has hammered state budgets nationwide, with at least 43 states projecting deficits totaling more than $121 billion next year, a new report found. The survey released Tuesday by the National Conference of State Legislatures also found two-thirds of states expect budget deficits in 2011, forcing lawmakers to find further savings on top of deep cuts they've already made to education, health care, corrections and other programs.
Calendar of major business events scheduled for ThursdayApril 22nd, 2009 Major business events scheduled for ThursdayMajor business events and economic events scheduled for Thursday:
NEW YORK — Major retailers report sales results. WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m.
Calendar of major business events scheduled for WednesdayApril 21st, 2009 Major business events scheduled for WednesdayMajor business events and economic events scheduled for Wednesday:
WASHINGTON — Federal Reserve releases minutes of Federal Open Market Committee meeting of Sept. 22-23
WASHINGTON — Commerce Department releases retail sales for September, 8:30 a.m.
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