Archive for September, 2014

Boehringer Ingelheim invests €100 million: Expanded Respimat® production in Dortmund

Comments Off | 09-30-2014

Dortmund, Germany, 30 September 2014 –Boehringer Ingelheim is investing more than €100 million at its Dortmund site to expand production capacity for the Respimat® inhaler to 44 million units per year. With this expansion, the research-driven pharmaceutical company is creating approximately 100 new jobs on site.
“The Respimat® is a success story – for Boehringer Ingelheim [...]

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Gates Foundation Announces Finalists for $20 Million in Digital Courseware Investments

Comments Off | 09-30-2014

SEATTLE (September 30, 2014) – The Bill & Melinda Gates Foundation today announced seven finalists in a $20 million challenge to develop next generation digital courseware that personalizes instruction based on mastery learning principles and learning science, with the goal of helping low-income and disadvantaged learners succeed in high-enrollment general education undergraduate college courses.
The digital [...]

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Ontario could save up to $1.9 billion by adopting B.C. education model

Comments Off | 09-29-2014

Media Contacts: Release Date: September 29, 2014 TORONTO—If Ontario adopted British Columbia’s model for funding and delivering K-12 education, the province could save up to $1.9 billion per year, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.The study, Financial Savings: Restructuring Education in Ontario Using the [...]

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USDA Announces up to $31 Million to Empower People to Make Healthy Eating Choices

Comments Off | 09-29-2014

Richmond, VA, Sept. 29, 2014 – Agriculture Secretary Tom Vilsack today announced USDA’s National Institute of Food and Agriculture (NIFA) is making up to $31.5 million in funding available to help participants in the Supplemental Nutrition Assistance Program (SNAP) more easily afford healthy foods like fruits and vegetables. Secretary Vilsack made the announcement with Virginia [...]

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L.C. Bates Museum Receives $3,260 Plum Creek Foundation Grant

Comments Off | 09-26-2014

FAIRFIELD, Maine – The Plum Creek Foundation recently awarded a $3,260 grant to the L.C. Bates Museum to help fund the Young Naturalists As Artists program, a six-week educational program for local children and families that uses scientific and artistic observation to grow lifelong interest in Maine’s inland environment.
According to Deborah Staber, director, the program [...]

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CFPB Orders U.S. Bank to Pay $48 Million Refund to Consumers Illegally Billed for Services Not Received

Comments Off | 09-26-2014

WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau (CFPB) is ordering U.S. Bank to provide an estimated $48 million in relief to consumers harmed by illegal billing practices. U.S. Bank consumers were unfairly charged for certain identity protection and credit monitoring services that they did not receive. These services were sold as “add-on products” [...]

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South Sudan: EU increases humanitarian assistance by €20 million

Comments Off | 09-25-2014

The European Commission is responding to the continuing major crisis in South Sudan by increasing its life-saving assistance by a further €20 million to help its most vulnerable people.
“A human catastrophe of alarming proportions is happening in South Sudan,” said Kristalina Georgieva, EU Commissioner for International Cooperation, Humanitarian Aid and Crisis Response. “The country faces [...]

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World Bank Group to Nearly Double Funding in Ebola Crisis to $400 Million

Comments Off | 09-25-2014

WASHINGTON, September 25, 2014—Following alarming evidence of the spread of the Ebola epidemic in West Africa, the World Bank Group today announced that it will nearly double its financing to $400 million to help the worst-affected countries address the emergency and build stronger health systems for the years ahead
This represents $170 million in new funding. [...]

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Investment return of 20.2% brings Yale endowment value to $23.9 billion

Comments Off | 09-24-2014

Yale’s endowment earned a 20.2% investment return for the year ending June 30, 2014. The endowment value grew from $20.8 billion on June 30, 2013, to $23.9 billion on June 30, 2014, net of spending. The University benefited from investment gains of approximately $4.0 billion.
Spending from the endowment for Yale’s 2015 fiscal year is projected [...]

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Infineon and Qimonda insolvency administrator reach partial settlement: Infineon to pay 260 million euros, including 125 million euros for the acquisition of the Qimonda patents

Comments Off | 09-24-2014

Neubiberg, September 24, 2014 – Infineon Technologies AG has entered into an out-of-court agreement with the insolvency administrator of Qimonda AG to settle all disputes – with the exception of the pending lawsuit on the economic re-establishment of a shell company (“wirtschaftliche Neugründung”) and liability for impairment of capital (“Differenzhaftung”) – against payment of a [...]

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