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Cornyn Announced $1.5M for Lubbock Rail Port

admin — Sat, 01 Aug 2009 02:15:19 +0000

Texas U.S. Senator John Cornyn today announced that the Lubbock Economic Development Alliance has received $1.5 million dollars in funding from the Economic Development Administration. The $1.5 million dollars will be used to construct new rail spurs at the Lubbock Rail Port. Senator Cornyn said the funding will help create new jobs and business within [...]

Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2009

admin — Fri, 31 Jul 2009 16:04:23 +0000

Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2009

HOUSTON, July 30 /PRNewswire-FirstCall/ — Patterson-UTI Energy, Inc. (NASDAQ:PTEN) today reported financial results for the three and six months ended June 30, 2009. The Company reported a net loss for the second quarter of 2009 of $17.7 million, or $0.12 per share, compared to net [...]

Minimum Wage Goes to $7.25/Hr

admin — Thu, 16 Jul 2009 16:03:44 +0000

The federal minimum wage will increase next week. As of Friday, July 24th, minimum wage will increase from $6.55 to $7.25 per hour, in the last of a three step increase. This comes as part of the enactment of the Fair Minimum Wage Act of 2007. A full-time minimum wage employee can expect to make [...]