Chicago Metra considers selling naming rights for train lines, stations

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Sunday, February 14, 2010 Chicago’s Metra is currently considering the possibility of selling the naming rights to its train stations, rail lines, and even bridges to generate more revenue.  The regional rail system for Chicago and its surrounding suburbs has been experiencing revenue shortfalls, along with other public transportation agencies such as the Chicago Transit […]

Swiss reject single health insurance

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Monday, March 12, 2007 24 of 26 Swiss Cantons rejected the proposal for a single health insurance system, in which premiums would be based on income and wealth. The vote on Sunday was the latest in a series of attempts to cut rising costs and ease the financial burden on citizens. Around 71% of voters […]

Oral Roberts University reportedly owes over $50 million

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Thursday, October 25, 2007 In the midst of accusations of wrongdoing, the Oral Roberts University (ORU) Board of Regents Chairman George Pearsons said the school owes over $55 million in debt. According to IRS records, ORU had about $76 million in revenue in 2005, and its operating budget for 2007-2008 was over $82 million. One […]

Venezuela opens granite processing facility in Bolívar

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Monday, February 18, 2013 Venezuela’s government has opened a granite processing plant in the state of Bolívar, with the intention of providing about 25% of the granite required nationwide. Ricardo Menéndez, vice president of the Productive Economic Area, said Venezuelan President Hugo Chávez has yearned for the creation of this project to empower Venezuelan construction. […]

Spreading floods in Pakistan worsen, at least 1600 dead

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Friday, August 6, 2010 Since last reported, the flooding in Pakistan has spread and has now struck more than four million people. The UN reports it has left at least 1,600 people dead. The floods have been confirmed as the worst in eighty years. Heavy monsoon rains led to the flooding of the huge Indus […]