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GLOBAL FOUNDRIES to Acquire IBM’s Microelectronics Business for $1.5 Billion

first_imgIBM and GLOBAL FOUNDRIES have announced that they have signed a Definitive Agreement under which GLOBAL FOUNDRIES plans to acquire IBM’s global commercial semiconductor technology business, including intellectual property, world-class technologists and technologies related to IBM Microelectronics (subject to completion of applicable regulatory reviews). GLOBAL FOUNDRIES will also become IBM’s exclusive server processor semiconductor technology provider for 22 nanometer (nm), 14nm and 10nm semiconductors for the next 10 years. The Agreement, once closed, enables IBM to further focus on fundamental semiconductor research and the development of future cloud, mobile, big data analytics, and secure transaction-optimized systems.IBM continues its previously announced $3 billion investment over five years for semiconductor technology research to lead in the next generation of computing. GLOBAL FOUNDRIES will have primary access to the research that results from this investment through joint collaboration at the Colleges of Nanoscale Science and Engineering (CNSE), SUNY Polytechnic Institute, in Albany, N.Y.As part of this Agreement, GLOBAL FOUNDRIES will gain substantial intellectual property including thousands of patents, making GLOBALFOUNDRIES the holder of one of the largest semiconductor patent portfolios in the world. They will also benefit from an influx of one of the best technical teams in the semiconductor industry, which will solidify its path to advanced process geometries at 10nm and below. Additionally, the acquisition opens up business opportunities in industry-leading radio frequency (RF) and specialty technologies and ASIC design capabilities. GLOBAL FOUNDRIES has robust capital expenditure plans of approximately $10 billion in 2014-2015, with the majority being invested in New York. They have created nearly 3,000 direct jobs in New York and thousands more indirect jobs in the United States since 2009.GLOBAL FOUNDRIES will acquire and operate existing IBM semiconductor manufacturing operations and facilities in East Fishkill, New York and Essex Junction, Vermont, adding capacity to serve its customers and thousands of jobs to GLOBALFOUNDRIES’ workforce. It plans to provide employment opportunities for substantially all IBM employees at the two facilities who are part of the transferred businesses, except for a team of semiconductor server group employees who will remain with IBM. They will also acquire IBM’s commercial microelectronics business, which includes ASIC and specialty foundry, manufacturing and related operations and sales. IBM will reflect a pre-tax charge of $4.7 billion in its financial results for the third quarter of 2014, which includes an asset impairment, estimated costs to sell the IBM microelectronics business, and cash consideration to GLOBAL FOUNDRIES.  Cash consideration of $1.5 billion is expected to be paid to GLOBAL FOUNDRIES by IBM over the next three years.  The cash consideration will be adjusted by the amount of working capital which is estimated to be $200 million.last_img read more

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No. 5 West Florida Four Strokes Back at Southeastern Collegiate

first_img VALDOSTA, Ga. – Eight teams are within four strokes of the lead after two rounds at the Southeastern Collegiate hosted by Valdosta State at Kinderlou Forest Golf Club, and No. 5 West Florida will head into Tuesday’s final round tied for fourth place.  The Argonauts (292-295 – 587) will tee off the third and final round on Tuesday looking for their third straight tournament title.Barry (289-294 – 583) leads after the first two rounds, followed closely by Georgia College (295-289 – 584) and Florida Southern (285-300 – 585) in second and third place, respectively.  The Argonauts sit at 587, along with Valdosta State (294-293 – 587), Armstrong Atlantic State (298-289 – 587), North Alabama (293-294 – 587) and Columbus State (295-292 – 587).Junior Carlos Rodriguez (Cali, Colombia/Austin Peay) was tied for the individual lead after his first round 69, but he struggled to a 78 in the second round.  Rodriguez heads into Tuesday’s final round tied for 20th.Otto Bonning (Skanor, Sweden/Sundsgymnasiet) and Blake Olson (Pensacola, Fla./Pensacola Catholic HS) are both tied for 26th, followed by Thomas Guste-Pedersen ((Helle, Norway/Frank Phillips) in 31st and Robbie Van Riper (Tallahassee, Fla./Florida State University Schools) in 37th.Tee times start at 8:30 a.m. ET for Tuesday’s final round, with the first Argonaut teeing off at 9:20 a.m.  For information on all UWF Athletics, visit www.GoArgos.com. #ARGOS#SOUTHEASTERN COLLEGIATE LIVE SCORING:http://golfstatresults.com/public/index.cfm39tournament_id=25261 Barry                    +7 289-294 – 5832 Georgia Coll. & State    +8 295-289 – 5843 Florida Southern         +9 285-300 – 585T4 Valdosta State         +11 294-293 – 587T4 Armstrong Atlantic     +11 298-289 – 587T4 North Alabama          +11 293-294 – 587T4 West Florida           +11 292-295 – 587T4 Columbus State         +11 295-292 – 587T9 Lynn                   +23 303-296 – 599T9 Rollins College        +23 297-302 – 599T11 Lander                +27 300-303 – 603T11 Flagler College       +27 305-298 – 60313 West Georgia           +34 302-308 – 61014 Delta State            +37 303-310 – 613T20 Carlos Rodriguez       +3 69-78 – 147T26 Otto Bonning           +4 72-76 – 148T26 Blake Olson            +4 76-72 – 148T31 Thomas Guste-Pedersen  +5 77-72 – 149T37 Robbie Van Riper       +6 75-75 – 150Print Friendly Version Share No. 5 West Florida Four Strokes Back at Southeastern Collegiatecenter_img Carlos Rodriguez carded 69 in the first round on Monday last_img read more

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Super Blue Blood Moon Will Be Visible Wednesday Morning

first_imgAccording to the National Weather Service, it will be cold and there will be some clouds. The good news is that the clouds streaming into the Cook Inlet region will be from the south and east (the moon has been traversing the western sky recently), and they will be middle and high clouds and more likely to be thin and opaque. Story as aired: It’s a “blue moon” that means it is the second full moon to occur in a month. Also, it is a supermoon, meaning it will be closer to the Earth than usual.  This lunar trifecta has been referred to as the “super blue blood moon.” Totality, when the moon is completely engulfed in Earth’s shadow, will begin at 3:38 a.m., and run until 5:08 a.m., with 4:30 a.m., being the time of maximum eclipse. FacebookTwitterEmailPrintFriendly分享Early Wednesday morning, January 31, a Blue Moon, a total lunar eclipse, and a supermoon coincide to create a rare lunar event that hasn’t been seen in North America in more than 150 years. Photo courtesy of Space.com Lunar eclipses are not uncommon, but the coincidence of Wednesday’s blood moon with other astronomical events that coincide is what makes this event special.last_img read more

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UC Irvine takes Big West tourney with 67-58 win over Hawaii

first_imgANAHEIM, Calif. (AP) — Luke Nelson scored 17 points and UC Irvine earned its first ticket to the NCAA Tournament in the school’s 38-year basketball program history with a 67-58 victory over Hawaii in the Big West championship game on Saturday night.The Anteaters (21-12) lost all four previous times they went to the Big West title game (1988, 1994, 2008 and 2013). They were the top seed in the tournament last year, but lost in the semifinals to Cal Poly.Aaron Valdes scored 17 points for Hawaii (22-12), 14 of them in the first half to pace the Rainbow Warriors to a 33-29 lead at intermission.Valdes’ layup in the final minute of the opening half stopped the bleeding after Alex Young’s 3-pointer capped an 11-2 run that sliced Irvine’s 11-point deficit to 31-29 with 1:04 left on the clock.last_img read more

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Juan Berenguer To Throw First Pitch at Rox Home Opener

first_imgST. CLOUD — A Major League Baseball World Champion will be in attendance at the St. Cloud Rox home opener.Former Minnesota Twins pitcher Juan “Senor Smoke” Berenguer will throw out the ceremonial first pitch on June 1st at Joe Faber Field.Berenguer played 15 years in the majors making his debut in 1978 for the New York Mets. He spent four years with the Twins including winning the 1987 World Series.Along with throwing out the first pitch, he will also be signing autographs and taking pictures with fans.The Rox will take on the Mankato MoonDogs at 7:05 p.m. later that night.last_img

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Zola on Hazard, Ampadu return, comparing Lampard and Barkley and what makes Mount special

first_imgGianfranco Zola took Tuesday’s pre-match media conference [Picture: Owen Humphreys/PA Wire]Chelsea assistant boss Gianfranco Zola spoke about a number of issues at a media conference on Tuesday ahead of the Blues’ Carabao Cup game against Frank Lampard’s Derby at Stamford Bridge. Here’s what the Italian had to say. AdChoices广告On Lampard’s return to the BridgeChelsea legend Lampard will get a hero’s welcome back to Stamford Bridge. [Dave Howarth/PA Wire]“I’m sure it will be a big night for him – very similar to me when I first came back with West Ham. I’m sure he’s very much looking forward to the game.“We are looking forward to it as well. We’re very pleased to welcome him. He’s a legend of the club, done so much for the club, and we really wish him the best to do well as a coach.“On a personal note, I can only say it’s been a pleasure for me to have him as a companion many years ago. We spent some time together, not only on the pitch but also on the training ground.“It is no surprise to me he is doing well. He is going to do well in the new role in football because he’s always had a great attitude towards the game and what has to be done to become good in this game.“I think you can see when somebody has a future in this (management) position because to succeed as a coach you really need the ability to think over things.“It seemed to me that Frank has always had this ability. He was a player that had a lot of physicality and technicality but also he spent time and dedicated a lot of energy to football, not only on the pitch but also off the pitch.“These qualities are very important for the job he’s doing and it seems to me that it’s going very well.”On Jody Morris“I didn’t want to forget Jody, absolutely. I think he is the perfect match for him (Lampard).“I don’t know Jody as a coach because I didn’t come across him, but everybody at the club here speaks very highly about his coaching abilities.“And from what I see from the way Derby play, they’re really doing a great job.”On Derby“We’re going to study them and how they play. We know their strengths and we’re going to be working on that.“We certainly respect their value because we know it’s a very good team. They have good players. We will have to play the game with a lot of respect for them, otherwise there will be trouble.”On Eden HazardHazard has been nursing a back problem. [Picture: Victoria Jones/PA Wire]“He’s certainly much better. Maybe tomorrow he’s going to be joining us in training.“I’m not sure he’s going to be involved in the game tomorrow but he’s looking very good for the weekend, so we are pleased because that’s such an important player for us.”On other injury newsAmpadu is yet to make a first-team appearance for Chelsea this season. [Picture: Adam Davy/PA Wire]“Pedro has had a stomach ache and he came off on Sunday. He was getting better but I think there is still a little problem, so we don’t know. We are going to assess him tomorrow.“Giroud has a little fatigue problem with one of the legs and we’re going to assess him as well.“Ampadu has been back in training yesterday, and today or tomorrow we’re going to decide if he’s going to be part of the team.”On Hazard’s winner at Liverpool in the previous roundHazard scored a brilliant winner at Anfield. [Martin Rickett/PA Wire]“It was an amazing goal. The finishing, the power, the ability to go through so many players – it was exceptional.“Everybody was stunned because we didn’t expect anything from that situation.“This is the ability of players like Eden. They can turn something into a goal.“He has the ability of the special players and we are very happy we have one of them.”On the tragedy at Leicester and parallels with the death of Matthew Harding“I think he died three weeks before I came here. But I know for sure that he was such an important person for the club. He has been a key figure for the club when the club needed it the most.“It was a club really going in the right direction. I think this is also down to him. He wasn’t there when I was there, but I think I was enjoying a good time at Chelsea also because of him. Everybody recognises that.“As a club we are very close to what happened to Leicester. We really hope something good will happen to them like many years ago happened to us when a tragedy like that happened.“Sometimes things like that can make a group stronger and this is what I really wish for them.”On Maurizio Sarri’s impactChelsea remain unbeaten under Sarri. [Picture: Steve Paston/PA Wire]“Nothing is a coincidence. Sarri was known as a coach that works very hard with his team. He really pays attention to everything, so I think a consequence of doing well is his ability to work hard.“On top of that you have to add that the team is following his advice very well. Players are getting benefit from what they do – you can see it.“For example Ross Barkley and Ruben (Loftus-Cheek). Young players are picking it up very well so it means they are enjoying the type of football he is trying to implement here.“This is creating a good working environment and the results are a consequence of this.”On comparisons between Lampard and Ross BarkleyBarkley has scored in his last three games. [Picture: AP Photo/Rui Vieira]“Frank Lampard at making it in the box was exceptional. I think he was one of the best midfielders I have ever seen in that quality – attacking the box and getting in the box at the right moment. That’s why he scored so many goals.“I think Ross likes to play more with the ball, to be involved in the action, and what I see in the last two or three weeks is that his scoring ability is also coming on very well.“I knew from the beginning that he has this ability. But at first it wasn’t showing because he was very much involved in learning tactically what the team needs him to do, but now he is getting that freedom.”On Mason MountMount has impressed on loan at Derby. [Picture: Mike Egerton/PA Wire]“I came across him when I first came here and I was analysing the players we had on loan.“He was one of the first players I analysed and I said ‘This player is for us’.“It was the plan to keep him for at least pre-season with us, but then an opportunity came to send him and play in England in such a competitive league like the Championship. The club decided that it was good for him.“I like him very much because he is one of those players that has the mental speed to work out things very quickly and you can see the way he plays.“Physically, obviously he has to improve. The Premier League is a different level. But he’s getting on very well.“So I’m pleased for him and I’m looking forward to seeing him in action tomorrow playing at Stamford Bridge.“I’m sure he will be even more up for it and it will be important to get even more indications for us.” See also:Zola on Loftus-Cheek, Liverpool, his managerial ambitions, Blues youngsters and monitoring Lampard Follow West London Sport on TwitterFind us on Facebooklast_img read more

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Liverpool player on criticism from Neville brothers: Finds ‘incompetence’ and ‘jealousy’…

first_imgTherefore, they like to poke him with a stick to get reactions about criticism from others. It’s a well trodden path and happened when the current Liverpool player was under scrutiny at Bayern Munich and then Inter Milan.In an article from Swiss newspaper Aargauer Zeitung, Shaqiri was asked: ‘What happens to you when you get heavily criticised, as recently by the Neville brothers?’The Liverpool player loaded his gun and answered: “It goes in one ear and out the other. I read things, but I often find out how incompetent they are. Mostly those people who are jealous criticise. Or those who do not like you.”AZ then put it to Shaqiri that he’s well known for reacting harshly to critics, to which he said: “What does “harsh” mean? It’s right: I can express myself, if I disagree with something that is important to me.“Everyone deserves criticism when playing badly. But everyone has to be treated the same. Certain media sometimes examine me more rigorously than others. It’s not only me that sees it that way. I never had any problems with the fans.”Shaqiri also explained during the interview that he has no need to keep his chin up at the moment, he’s very happy with his situation at Liverpool and the settling in the process at the club.The former Stoke City player clearly believes Jurgen Klopp has faith in him and that will become clearer as the season progresses.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksTrending TodayForge of Empires – Free Online GameIf You Like to Play, this City-Building Game is a Must-Have. No Install.Forge of Empires – Free Online GameUndoRaid: Shadow Legends | Free DownloadEven Non-Gamers Are Obsessed With This RPG Game (It’s Worth Installing!)Raid: Shadow Legends | Free DownloadUndoKeto减肥1個簡單的妙招一夜「融化」腹部贅肉(今晚試試)Keto减肥Undo聽多多 Hearmore.asia1969年前出生的香港居民現可免費試戴頂尖的歐洲助聽器聽多多 Hearmore.asiaUndoTheTopFiveVPNEnjoy Netflix Now Without Any RestrictionsTheTopFiveVPNUndoDating.comWhere do attractive singles meet in Tung Chung?Dating.comUndoSingles50Hong Kong: A 40+ Dating Site That Actually Works!Singles50Undo熱門話題小心會長過頭…網友推爆:「真的長得超誇張!」熱門話題UndoStanChart by CNBC CatalystDigitization in Banks Is No Longer About Efficiency, but Business Resilience. Don’t Get Left Behind.StanChart by CNBC CatalystUndo Xherdan Shaqiri has never been afraid to give it straight back to those who criticise him, as the Swiss media are well aware of.last_img read more

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Getafe bet on Boateng success

first_imgSpanish La Liga side Getafe are confident Ghanaian midfielder Derek Boateng will be good value for money.The player signed a four-year deal on Monday to switch from FC Cologne in Germany to Spain.The La Liga side say they opted for Boateng because he fits their bill of strong and good midfielder and are confident he will turn in the performances to match that.“If I was a betting person I will for sure bet that Boateng will be successful here at Getafe,” sport director Toni Munez said.“We were looking for a player with strength and good technique and we have got that from Boateng.”Boateng is confident La Liga will suit his style of football and is determined to take his chance. Generally considered the most talented of the group of players that includes Michael Essien, Sulley Muntari and John Paintsil, he was voted second best player at the World Youth Championships in 2001 and has represented Ghana at the 2002 Nations Cup and 2006 World Cup.At club level he has played for Kalamata and Panathinaikos in Greece, AIK Stockholm in Sweden and Beitar Jerusalem in Israel before his switch to Germany to join Cologne in January.Source: Kickoff.comlast_img read more

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Sunday blog: Hoffman/Alley failed to listen to the pleas of their hospitals

first_img Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (27) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. -20 Vote up Vote down America First · 174 weeks ago A better idea is to just refuse to treat people who don’t have insurance or cash. It’s time for people to take personal responsibility instead of depending on Government to take care of them. So the hospital must lay off some, that’s the way business is run. But instead they just decided to wait on good Ole Uncle Sam to throw some money their way. Personal responsibility needs to be king in this society. If you don’t have insurance or cash don’t come to this hospital. If some of you bleeding hearts feel different then YOU go to the hospital and pay their bill, don’t make me do it! Report Reply 3 replies · active 173 weeks ago +11 Vote up Vote down William Muckenthaler · 174 weeks ago Never meet Alley, but I don know how Hoffman can be so arrogant about health care and education in our state and be so ignorant of the facts. Report Reply 0 replies · active 174 weeks ago -4 Vote up Vote down Vicki · 174 weeks ago Maybe they should rely on The government backing solely !!! & they asked the public twice and we bailed them out & no changes were made !!maybe they need to take a look at ‘WHAT ‘ can we as the hosipital &can do & make the apporipait cuts !! Or ask them selves Do we need to down size to ER / Emergency care facility / trauma/ unit …. of its a big emergency they will be stabilized and most are stabilized and shipped out …. YES . Some people will loose their jobs … but hey some do sometime in life …. Report Reply 0 replies · active 174 weeks ago +9 Vote up Vote down jayhawks5476 83p · 174 weeks ago Should anyone be surprised by the attitude and voting record of both Mr. Hoffman and Mr. Alley? The fact that both gentlemen “blindly follow the Brownback agenda” is no secret. Neither of these men had hidden the fact that they line up right behind the governor on almost every issue. They are both “yes” men that do not have an independent thought nor have any concern for what’s best for their constituents. Their sole purpose is to “rubber stamp” the policies of the governor. We had better choices this year in the general election but sadly the majority of the voters chose to vote along party lines, I guess and not really listen to what the candidates were saying. We will get another chance at the polls in a couple of years and hopefully, voters will remember the voting records and arrogance of these two legislators and vote them out. Kudos to the legislators that voted to help our rural hospitals, specifically Ms. Judd-Jenkins and Mr. Trimmer. Report Reply 0 replies · active 174 weeks ago +18 Vote up Vote down Zach · 174 weeks ago The two party system is broken, allegiance should be to constuents not Dems or Repubs. Report Reply 0 replies · active 174 weeks ago -6 Vote up Vote down crusader fan · 174 weeks ago Alright Tracy, if there was ever a subject you should recuse yourself from commenting on this is it! You slam these representatives who believe it or not a lot of us agree with. Your pictures in this article are ridiculous! We realize your family’s income is directly tied to the Medicaid program. Which is already totally out of control. So get some one else to beat this dead horse for you. Report Reply 1 reply · active 174 weeks ago 0 Vote up Vote down SilenceD · 174 weeks ago Would you at least call the sales tax increase a handout? Report Reply 0 replies · active 174 weeks ago 0 Vote up Vote down Mic Jones · 174 weeks ago Well, if you want to really express your concerns then you can do it this coming Tuesday. Thats when we vote for a new US rep. to fill Pompeo’s old job. If you want the same old BS, just vote for the person with the R beside their name or you can tell Kansas and Washington DC about your anger and vote for Democrat United States veteran James Thompson. Better to have a man that has fought for our country than a lapdog for Twitter Trump. You might want to also to look on the internet at the republiecons new healthcare plan when they finally repeal the ACA. Opp’s, thats right, there isn’t one. Report Reply 0 replies · active 174 weeks ago +9 Vote up Vote down Robert Escandon · 174 weeks ago Good article Tracy. Our local hospital is an asset to be proud of in our city.. We need to view it’s upkeep in a broad perspective —- to some of which you allude in your column. Are we still a caring and humanitarian society or have we become so self-centered that we have no care or even interest in those who are in a weaker position than us? Report Reply 0 replies · active 174 weeks ago +4 Vote up Vote down Is It Lost Cause? · 174 weeks ago Tracy-having read your article, I do not think the picture accompanying article is in good taste nor needed. I thought you were above the fray rather than below it, but alas, it seems Crusader Fan may have touched a nerve with pointing out your direct tie to SRMC. Everyone knew Mr. Alley and Mr. Hoffman’s position before the election, therefor it is not a surprise on the failure to override veto. Has anyone thought about the consequences if ACA is replaced without any expansion provision for Medicaid? What position would the hospital be in then? What will happen to those states that are now reliant on moneys for their expanded programs if it goes away? What would the supposed ‘thousand’ of patients from western/northwestern Sumner County do or go? I think SRMC along with Rep. Judd-Jenkins and Rep. Trimmer have overplayed their hand somewhat, it’s because no one in Wellington nor Ark City nor Cowley College people gave a damn about the poor or those below the poverty line when sales tax was increased on them again. I cared about the poor but no one listened. The question is should I listen to all the crying and hand-wringing about SRMC funding now, or do I just write it off as a lost cause? Report Reply 0 replies · active 174 weeks ago 12Next » Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new comments While Hoffman/Alley seem to be married to Brownback’s policies, the survival of institutions like Sumner Regional Medical Center remain in doubt. (Click on photo for larger version)Commentary by Tracy McCue, Sumner Newscow — The Kansas House of Representatives failure to override Governor Sam Brownback’s veto of the expansion of Medicaid is a slap in the face to the Kansas rural healthcare industry and the patients within. Tracy “Cueball” McCueWhat makes it worse, State Representative Kyle Hoffman (R- Coldwater), who represents the western half of Wellington and northwest Sumner County and thousands of patients who patronize Sumner Regional Medical Center and Sumner County Hospital in Caldwell, voted against the override. There is little doubt, judging from his negative vote during the initial passage of the bill, State Senator Larry Alley would have followed Hoffman’s lead, had the override vote gotten to the Senate. Not by coincidence, SRMC board announced it will be laying off employees just three days later. Had Medicare expansion passed as many as 180,000 additional adults would have been covered. According to the Kansas Hospital Association, a hospital such as Sumner Regional Medical Center would gain $750,000 a year in federal reimbursements. Several people have expressed concern on social media and elsewhere, that SRMC was wanting a “handout” from the federal government. Nothing could be further from the truth. SRMC was looking for reimbursement for services rendered, much like you and I do when we go to work. As it stands now, SRMC is treating $1.2 million a year in charity care for people who come to the hospital for medical services but are unable to pay. But these pleas have gone on deaf ears to both Hoffman and Alley, who seem more intent of blindly following a Brownback agenda that has had dire consequences on the State of Kansas on so many levels. May I suggest we replace “representative” and “senator” with “Brownback servants?”———Business perspective Perhaps, we should look at Medicaid Expansion strictly from a business decision. Let’s forget for one instance about Brownback, Trump, Obama, the Democrats, the Republicans, the legislature, the mainstream media and all other distractions and look at this decision strictly from a business perspective. SRMC has the opportunity to receive $750,000 in federal reimbursements which would have critical funds needed to keep the hospital afloat. Incidentally, that’s more money than what is generated from a half-cent sales tax, passed recently by the voters of Wellington. A half-cent sale tax equates to about $600,000 a year. Does the risk of not providing the maximum opportunity for financial assistance outweigh the risk of the possible closure of our hospital? Let’s say that Medicaid expansion does indeed cost the state of Kansas and some in-home services as many of Brownback’s servants fear. Will it be at a cost to Sumner County $750,000 a year? Let’s remember the potential costs are based on speculation — concerns that have been rebuffed by a multitude of medical and hospital associations. Both Alley and Hoffman have several struggling hospitals throughout their districts where Medicaid help is more pronounced due to a higher percentage of those falling below the poverty line and working in the agriculture sector where company healthcare plans are not readily available. What struck me was the absolute arrogance displayed by Hoffman and Alley, who know the plight of the district’s healthcare industry. I was in a room of 17 Wellington and Ark City civic and healthcare officials at SRMC on a Friday before the override vote, who spent 90 minutes with Alley speaking of the many benefits and the everlasting consequences of not passing this bill. Ultimately, if SRMC does indeed close, history will show that when health officials asked for help, both Hoffman or Alley basically said “No. We don’t care.” It’s a legacy I’m glad I will not have to bear in the future. Follow us on Facebook.Follow us on Twitter.last_img read more

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Historic San Francisco luxury store closing after 157 years

first_img A man removes a mirror from a wall during a liquidation sale at the Gump’s store Thursday, Dec. 20, 2018, in San Francisco. San Francisco’s oldest department store, Gump’s, is closing its doors after 157 years in business. Shoppers rummaged through the iconic store’s remains Thursday, with all items marked down 70 percent to 90 percent off. Its final day of business is Sunday. (AP Photo/Eric Risberg) People exit the Gump’s store during its liquidation sale Thursday, Dec. 20, 2018, in San Francisco. San Francisco’s oldest department store, Gump’s, is closing its doors after 157 years in business. Gump’s was founded in 1861 as a frame and mirror shop. Its final day of business is Sunday. (AP Photo/Eric Risberg) SAN FRANCISCO | San Francisco’s oldest department store, Gump’s, will shutter its doors after 157 years in business.Shoppers rummaged through the historic store’s remains Thursday, with all items marked down 70 percent to 90 percent off. People shop during a liquidation sale at the Gump’s store Thursday, Dec. 20, 2018, in San Francisco. San Francisco’s oldest department store, Gump’s, is closing its doors after 157 years in business. Shoppers rummaged through the iconic store’s remains Thursday, with all items marked down 70 percent to 90 percent off. Its final day of business is Sunday. (AP Photo/Eric Risberg) The iconic Gump’s was founded in 1861 as a frame and mirror shop.It transformed itself into an exclusive store, located in the city’s Union Square neighborhood, catering to a clientele that wanted engraved note cards, crystal vases, fancy dinner ware and an array of luxury items.The San Francisco Chronicle once reported that the store’s customers included French actress Sarah Bernhardt and President Franklin D. Roosevelt, who bought ship models and smoking jackets.As San Francisco changed, Gump’s mostly stayed the same.Earlier this year Gump’s filed for bankruptcy. Its final day of business is Sunday.last_img read more

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