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Lamar Advertising to Acquire Obie Media Corp.
Tuesday, September 21, 2004BATON ROUGE, La. -- Lamar Advertising Co. will acquire Obie Media Corp., Eugene, Ore., in a stock-for-stock transaction, officials announced recently. Under the terms of the merger agreement, Lamar will acquire all of Obie's outstanding stock for approximately $43 million, or approximately $7 per share of Obie common stock.At the effective time of the merger, all shares of Obie common stock will convert into shares of Lamar Class A common stock, according to a news release from Lamar.
Malpractice Crisis in Valley Topic of Town Meeting
Tuesday, September 21, 2004YOUNGSTOWN, Ohio -- Solutions to the medical malpractice crisis in the Mahoning Valley is the topic of discussion at a town meeting for area doctors Sept. 22.
Pennsylvania Launches Supermarket Initiative
Tuesday, September 21, 2004PHILADELPHIA -- A statewide initiative, which will support development of supermarkets and other fresh-food retailers in under-served, disadvantaged urban and rural communities throughout Pennsylvania that lack adequate access to supermarkets, is getting $10 million, Gov. Edward G. Rendell announced yesterday."It is crucial that we provide the funding and resources to help bring supermarkets to areas that have been underserved for too long," said Rendell said.
Funding Shortfalls Bring Times Tough to Nation's Cities
Tuesday, September 21, 2004WASHINGTON -- America's cities were less able to meet their financial needs in 2004, and expectations for 2005 are equally grim, finds a new report released today by the National League of Cities. Revenues are not keeping pace with increases in spending for public safety and infrastructure, and growing costs of employee health benefits, pensions and wages, according to the report, City Fiscal Conditions in 2004.
Media Scope
Tuesday, September 21, 2004Don't Tell Rassmann About Rashomon EffectMan Kerry saved says facts not open to interpretation.By Andrea WoodHis name is Rassmann not Rashomon, and while this retired police officer has testified in enough trials to witness how truth can be subjective, he also has seen people lie.As every criminal investigator knows, the Rashomon Effect -- named for the famous Japanese movie that depicted conflicting stories told by eyewitnesses to the same crime -- sometimes makes the truth of a particular event impossible to discern.
Delphi Engineers Turn Eye toward 'Blind Spots'
Monday, September 20, 2004"HANOVER, Germany -- Delphi Corp. engineers are working to reduce the "blind spot" area for commercial vehicle truck drivers through Delphi's family of Forewarn technologies, officials announced earlier today. Blind spots are a safety problem that continues to plague the commercial vehicle market. Due to the size, commercial vehicles present greater visibility challenges for drivers, they explained.Delphi's trademarked Forewarn Collision Warning Systems are designed to warn drivers of pedestrians and obstacles in their blind spots to the front, sides and rear of the vehicle.
Media Scope
Monday, September 20, 2004"Don't Tell Rassmann About Rashomon EffectMan Kerry saved says facts not open to interpretation.By Andrea WoodHis name is Rassmann not Rashomon, and while this retired police officer has testified in enough trials to witness how truth can be subjective, he also has seen people lie.As every criminal investigator knows, the Rashomon Effect -- named for the famous Japanese movie that depicted conflicting stories told by eyewitnesses to the same crime -- sometimes makes the truth of a particular event impossible to discern.
Take Care of Problem, Not the Symptom"
Monday, September 20, 2004This article is new this week in The Business Journal's small business how-to section. To see what else is new, click here or click on the "how-to" tab at the top of The Daily Business Journal Online home page.When sick with symptoms of the classic flu -- fever, sore throat, upset stomach, achy all over -- we often take over-the-counter medication to relieve such uncomfortable symptoms. The remedy isn't a cure for the flu; it only temporarily alleviates or masks how otherwise we would be feeling -- which would probably be pretty lousy.
What's Black and White and Read All Over?
Monday, September 20, 2004SHARON, Pa. -- The New York Times, USA Today and The Herald are available to students at Penn State University Shenango Campus free of charge, Monday through Friday, via the newspaper dispensing machines on campus, officials report. Students can access the papers using their student ID card.The Newspaper Readership Program is offered at 20 Penn State campuses offering undergraduate programs as well as Penn State's Dickinson School of Law.
Phone Companies' Plan Likely to Raise Rates, Group Says"
Monday, September 20, 2004COLUMBUS, Ohio -- A plan that Alltel and Western Reserve telephone companies are seeking to have approved by state regulators could increase the rates of dozens of services and features at a time when their residential customers have no choice of local telephone providers, the Office of the Ohio Consumers' Counsel said today.The OCC will oppose the plan in comments to be filed later today at the Public Utilities Commission of Ohio and will ask the PUCO to protect consumers' rates."If the plan is allowed by the PUCO, residential customers of both Alltel and Western Reserve could see signif