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3Vote!

Seattle’s Kineta Rakes in Half of $13M Federal Contract to UW For Vaccine Boosters

Kineta, the Seattle-based developer of drugs for autoimmune diseases, has won about half of a $13 million federal contract awarded to the University of Washington to create new compounds which might be used to boost the effectiveness of vaccines against HIV or flu. The five-year contract from the National Institutes of Health is worth about $6.8 [...]

+Vote!

Scot lady $ings for the Met

A globetrotting Edinburgh opera buff willed a $7.5 million windfall to New York's Metropolitan Opera, stunning family and friends who didn't realize she was so rich. The generous gift amounted to nearly half the $16.5 million fortune of music love...

4Vote!

Sky Harbor got $16 million in earmarks since 2001

More than half of the $30 million that Valley airports have received from federal earmarks since 2001 has gone to major projects at Phoenix Sky Harbor International Airport.

3Vote!

$150m spent on IT integration: Westpac

NEARLY half of $392 million spent on integration costs following the merger between Westpac and St George were attributed to IT, systems and operations.

5Vote!

United Way still needs more than $20M

With about a month left in its campaign, the United Way of Greater Milwaukee's Community Campaign still needs to raise nearly half of its $45 million goal.

5Vote!

Entercom’s $16 Million Lesson

... because the on-air personalities did not get required corporate approval. The family got nearly half of the $44.3 million they sought alleging that Jennifer Strange’s death was due to radio station dereliction of duty. That was apparently never in doubt with the jury. Just the amount of money. So what’s wrong here? Of course, no one at Entercom wanted Strange to die from a radio...

+Vote!

AARP and Pelosicare

... into Medigap plans because AARP makes a fortune in royalty fees from Medigap plans. More than one-half of its $1.1 billion budget comes from such royalty fees, and Medigap plans make up the biggest share of this royalty revenue by far. The more seniors are forced out of Medicare Advantage into Medigap plans, the more money AARP makes. In other words, under PelosiCare, seniors lose but AARP...

3Vote!

Treasury Blocks the Sale of Tax Credits by Fannie (BRK.A; FNM; GS)

... largest shareholders in Fannie's little bro Freddie Mac and 80% owned Wesco Financial had almost half its portfolio invested in FRE. From the Wall Street Journal: The U.S. Treasury blocked Fannie Mae 's proposed sale of nearly $3 billion in low-income housing tax credits to Goldman Sachs Group Inc. and Berkshire Hathaway Inc. on Friday after concluding that the deal was too costly for taxpayers....

5Vote!

AARP puts it personal interest ahead of its members

Boston Herald: Why would the nation’s largest lobbying organization, sworn to protect the interests of senior citizens, watch silently as Congress plans to cut Medicare spending by $400 billion to pay for its health reform legislation? Could it be that the interests of seniors and AARP are not exactly aligned? AARP takes in more than half of its $1.1 billion budget in royalty fees from...

4Vote!

2 Valley women make travel agency success despite economy

Leslie Bramlett handles the agency's government and leisure business, and Chris Davidson oversees business development and corporate accounts, which made up about half the $50 million in business booked by the agency last year. Government accounts, such as the U.S. Army in Arizona and Department of the Interior in Alaska, contribute 40 percent of the agency's business; leisure, once the mainstay,...

7Vote!

De-Linking Health Insurance from Employment Could Possibly Cut Health Insurance Costs By 50%

... this here and here . Evidence shows that when families buy their own insurance they spend about half ($6,328) of what a typical employer spends ($13,375).

5Vote!

Canada’s “Action Plan” Spending

The Chronicle Herald, the Ottawa Citizen and journalism students from Ottawa’s Algonquin College have crunched the numbers of the government’s economic “Action Plan” and find that Conservative ridings received more than half of the $8.5 billion announced under the Building Canada infrastructure program. However, aside from the wild disparity between certain ridings (as...

5Vote!

To Their Own Devices

Five years later, Medicare underwrites more than half of the $4 billion the nation now spends annually on defibrillators, but the agency is no closer to knowing how many lives that big investment is saving. That is because the device companies did not finance the study beyond their initial $4 million commitment, and Medicare did [...]

7Vote!

Madonna to Relaunch Movie Career

Madonna wants to relaunch her movie career. The ‘4 Minutes’ singer, who has starred in a string of cinematic flops, including 2002’s ‘Swept Away’ which saw her and then-husband Guy Ritchie lose half the $10 million the movie cost to make and ‘The Next Best Thing’, which failed to recoup its $24.90 million budget in 2000, is working on a script for a new film, but doesn’t plan to star in it. She is...

7Vote!

Do Earmarks Matter?

Making fun of earmarked Congressional spending is easy, feel-good entertainment. In this regard Sen. John McCain’s Twitter feed, in which he reels off outrageous examples of pork-barrel spending (we especially liked ““) is a laugh factory. But is the war on pork a distraction from a larger problem? In 2008, Congress earmarked $17.2 billion for special projects. That amounts to less than one half...