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Hiển thị các bài đăng có nhãn Close. Hiển thị tất cả bài đăng

Thứ Ba, 7 tháng 5, 2013

Dow has its first close above 15,000 points

NEW YORK (AP) -- The Dow Jones industrial average is punching through another milestone: its first close above 15,000.

The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent.

It was another milestone in the market's epic ascent in 2013. Good economic reports, higher corporate profits and support from central banks have eased investors' concerns that another economic slowdown could upend the market.

Two months ago the Dow recovered the last of its losses from the financial crisis. So far this year it's up 15 percent.

The Standard & Poor's 500 rose eight points to 1,625, also a record close. The Nasdaq rose four to 3,396, or 0.1 percent.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light at 3.2 billion shares.


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Thứ Ba, 16 tháng 4, 2013

W.Va. lawmakers start budget talks close to deal

CHARLESTON, W.Va. (AP) -- Disagreements over funding for state Department of Education staff and in-home care for seniors on Medicaid, among other areas, await compromise this week as the West Virginia Legislature works on a new state budget.

The Senate and House of Delegates passed dueling versions of an $11.4 billion spending plan just before their regular session ended Saturday. Each reflects relatively minor changes to what Gov. Earl Ray Tomblin proposed. The Democrat submitted a budget bill when the session began in mid-February and then revised it earlier this month, partly because counties provided more in property tax revenues for public schools than estimated.

During the week's extended session, a House-Senate committee will focus largely on a $4.1 billion portion of the budget supported by general tax revenues. The House and Senate are less than $2 million apart on this spending, with delegates proposing $5 million less than the governor and senators proposing $3.7 million less.

The governor's general revenue budget was already smaller than what passed the Legislature last year. Exempting such areas as direct classroom spending, Tomblin ordered 7.5 percent cuts for agencies under his part of the executive branch. That saved around $75 million. The Supreme Court, which has independent budget authority, agreed to reduce its spending by $4 million.

"When there's no money, there's not really a lot to fight over," said Senate Finance Chair Roman Prezioso, a Marion County Democrat. "Really, we're not that far off."

The House version cuts $850,000 from Department of Education personnel costs, following through on a mandate added to Tomblin's wide-ranging public schools legislation. A critical audit of West Virginia's education system found it unusually heavy with state-level staffers when compared to most other states. The governor's bill, signed last week, requires the department to trim personnel spending by 5 percent in each of the next two years.

The Senate did not include a personnel cut in its version but did add $37,600 for professional development. The House, meanwhile, cut $48,871 meant to cover paid rest leave for West Virginia's Teacher of the Year. The House Finance Committee learned that the winners haven't taken up the sabbatical offer for a number of years.

As recommended by the governor in his April 2 follow-up, the House included $2.1 million so each classroom teacher would have an additional $100 to spend. Teachers currently get $200, but must routinely hand over half to faculty senates for school-wide needs, lawmakers were told. The Senate's budget has no money for classroom supplies. Delegates, meanwhile, also proposed $240,000 in one-time spending so Hampshire High School can build an animal science facility.

The two chambers also differ over $1.7 million that the House added for counties that fuel their school buses with biodiesel. Another successful measure from Tomblin's agenda refocuses bus fuel incentives on West Virginia's ample natural gas supply.

Lawmakers must reconcile mortgage funding for primary care centers, which the Senate increased by nearly $212,000 and the House by $78,000. Each proposed hike would blunt the 7.5 percent cut ordered by Tomblin.

The Senate similarly sought to ease cuts to domestic violence and anti-sexual assault programs by a total of $193,000, while the House added more than twice that to restore them completely to current levels. Responding to another 7.5 percent cut, each version increased funding for a Charleston-based poison control hotline that West Virginia University had previously provided through its budget. Delegates also added $140,190 for independent living aid provided by the Division of Rehabilitative Services.

The governor's initial budget proposal mistakenly left out $380,000 for the Division of Forestry, needed for its tree nursery, amid an internal debate over whether to discontinue that program. Fixing another omission, the House cut personnel costs at the Division of Culture and History by just over $262,000 to satisfy the 7.5 percent order.

In the recurring battle over programs that seek waivers from federal officials so Medicaid patients can stay out of nursing homes and other institutions, the House budgeted $14 million for in-home senior care. Tomblin and the Senate's version proposed $11.9 million.

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Follow Lawrence Messina at http://twitter.com/lmessina


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Thứ Ba, 26 tháng 3, 2013

Op-Ed: Watching Our Chicago Schools Close Is ‘Like Being Stuck in a Bad Dream’

Watching the Chicago Public Schools play fast and loose with children’s safety and learning, as well as with the supposed reasons for all of this, has been like being stuck in a bad dream where students, teachers, schools, and communities are the peas in an endless series of shell games. 

You know that con, where a small ball (the pea) is placed beneath one of three covers (the shells) and the operator moves the shells around, betting that the player won’t be able to tell where the one with the pea ends up. But the whole thing is a swindle; the player can never win.

Thank goodness people are getting wise to the game. Chicago has never been a city of easy marks, and some Chicagoans are working to make sure everyone sees through the trick. Among these are the members of CReATE, or Chicagoland Researchers and Advocates for Transformative Education, who just released a research brief on school closures

 

 

The brief summarizes prior studies and analyzes new data, concluding that the closures will devastate already struggling communities without serving the purposes that supposedly make them necessary. CReATE’s lead researcher in this effort is a sociologist of education at Roosevelt University, Stephanie Farmer. Farmer and her team laid out exactly what’s at stake and how the odds are stacked. 

Sadly, school closures have not been confined to Chicago. The silver lining here, though, is that there is substantial research on the impact of school closings on students in cities all over the country—that is, if we are willing to learn from it. 

When students’ schools are closed, the social/emotional effects are overwhelmingly detrimental, including weaker connections with adults in school, and the need to fit into an entirely new terrain of peer relationships. 

Most frighteningly, studies of prior school closures in Chicago have found increased levels of violence in the neighborhoods surrounding receiving schools. These research findings would not come as a surprise to the students at the schools slated for closure. Dozens of their older brothers and sisters spent the first day of their spring break protesting, hand-delivering a letter to Mayor Rahm Emanuel’s office that warned of the dangers their siblings will soon be facing.

This round of closures was advertised as being all about ‘right-sizing,’ or ensuring ‘optimal utilization’ of classroom space. Unfortunately, the CPS-stated ideal size of 30 students per classroom is directly contraindicated by the best research on the subject, which shows that students among 15 classmates do substantially better than those in classes of 22, and that poor, urban, and African American students benefit from small class sizes even more. Not to mention that many of the schools set to be closed have significant populations of students with special needs, who are legally entitled to smaller class sizes.

Ninety-four percent of students from closed schools did not move to schools that were academically strong.

When faced with these arguments, Mayor Emanuel has backtracked to the justifications for prior school closures: that the purpose is to get students into better schools.  Unfortunately, that hasn’t been the case here in Chicago, where the Consortium on Chicago School Research found in 2012 that 94 percent of students from closed schools did not move to schools that were academically strong.

National studies have found that the achievement levels of displaced students, as well as the students in receiving schools, suffer when schools are closed. In addition to test-score drops, research has found that students whose schools closed were less likely to graduate and were at higher risk of dropping out.    

The argument that this is about improving academic performance falls apart when examined closely, and the utilization argument is based on flawed math in the first place. Not that either of these would be an acceptable reason to put young children in danger of physical violence, but it does make you wonder what the real purpose behind the closures is. Here is where maps come in handy. 

Ninety percent of schools serve predominantly African American student populations in communities already suffering from massive disinvestment. The geographic data also show that new charter schools are opening where neighborhood schools are closing—in the very same buildings 40 percent of the time. However, these schools can be much choosier about their student populations, and do not admit as many language learners, students with special needs, or neighborhood children. 

This could be about emptying communities in preparation for gentrification. It could be about privatizing public education. It is very likely a combination of both. The important thing is that we keep turning over the shells of false justification, and keep in mind the human peas being shifted around in this game. Don’t let the reality of school closures for the children of Chicago be hidden in plain sight. 

Related Stories on TakePart:

• What Will the Closure of 61 Chicago School Buildings Mean for Kids?

• Chicago Teacher Strike: School’s Out for 350,000 Kids

• Op-Ed: It’s Not Always the Right Choice to Close a Failing School


Isabel Nuñez is an associate professor in the Center for Policy Studies and Social Justice at Concordia University Chicago. She was a classroom teacher in the U.S. and U.K., and a newspaper journalist in Japan. She is a member of CReATE (Chicagoland Researchers and Advocates for Transformative Education), a group of volunteer faculty engaged in inquiry and dialogue around policy for Chicago schools. TakePart.com


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Thứ Sáu, 22 tháng 3, 2013

FAA to close 149 control towers to meet budget cuts

WASHINGTON (Reuters) - The Federal Aviation Administration said on Friday it will close 149 air traffic control towers beginning on April 7 to meet required automatic spending cuts.

Another 40 towers previously slated for closure will remain open, the agency said in a statement.

"We heard from communities across the country about the importance of their towers and these were very tough decisions," Transportation Secretary Ray LaHood said. "Unfortunately we are faced with a series of difficult choices that we have to make to reach the required cuts under sequestration."

FAA Administrator Michael Huerta said the agency would work with affected airports and operators to ensure procedures are in place to maintain a high level of safety.

In early March, the FAA proposed closing 189 contract air traffic control towers as part of its plan to meet the $637 million in cuts required under budget sequestration.

The agency said on Friday it had decided to keep 24 of the towers open because closing them would have a negative impact on the national interest.

Another 16 towers under a "cost-share" program were spared because the required 5 percent cut to that portion of the budget did not require the towers to be closed.

(Reporting by Doug Palmer; Editing by Todd Eastham)


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Thứ Năm, 21 tháng 3, 2013

Chicago Public Schools will close 54 schools as part of plan to address $1 billion deficit

By Steve Keating ORLANDO, Florida, March 20 (Reuters) - Rory McIlroy's decision to skip the Arnold Palmer Invitational surprised the tournament host, who expressed his disappointment on Wednesday that the world number one was not at Bay Hill this week. The 83-year-old Palmer said he had jokingly suggested he might break McIlroy's arm if he did not show up but did not try to force the young Northern Irishman into making an appearance. "Frankly, I thought he was going to play, and I was as surprised as a lot of people when he decided he was not going to play," said Palmer. ...


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Chicago to Close More Than 50 Schools

According to an article from WGN News, Chicago Public Schools (CPS) has decided which schools the district will be closing and has notified principals of the schools of their decision. The final closure list is reportedly whittled down to 52 schools and the official list, along with the new schools students will be attending, is set to be released by CPS late Thursday afternoon. However, several school officials have already confirmed their closure status to the media.

Here are some facts and details about the CPS school closings announcement and the responses from community members:

* The Chicago Tribune reported that Clarice Berry, president of Chicago Principals and Administrators Association, commented that the principals of the schools slated for closure were informed at about 6 a.m. this morning.

* Additionally, sources indicated that CPS will consolidate or overhaul staff at about 20 other schools, meaning that the announcement today will impact about 70 individuals schools.

* If Chicago goes ahead with closing all the schools this year, it would be the highest number of school closures ever by a single district in one year.

* Several city aldermen with schools to be shut down in their wards were also notified by CPS, according to the Chicago Sun-Times.

* Ald. Howard Brookins, 21st Ward, confirmed that two schools in his South Side ward, Mahalia Jackson Elementary and Garrett A. Morgan Elementary, will be closing.

* Community members, especially parents and local leaders, expressed disappointment and concern over the well-being of students impacted by the changes, as well as their plans to fight for their schools.

* Trumbull Elementary, with roughly 32 percent of its students enrolled in special education learning, is also on the list. Trumbull Local Schools Council member Ali Burke vowed to fight to keep the school open and criticized CPS' calculation since special education classes need to be smaller.

* WBEZ noted that the Chicago Teachers Union (CTU) has been highly critical of CPS' actions, specifically closing regular schools and opening charter schools, and has repeatedly called for a moratorium.

* CTU president Karen Lewis stated, "This city cannot destroy that many schools. It will send our district into chaos. These actions will put our students' safety and academics at risk and will further destabilize our neighborhoods."

* CPS has continuously highlighted its $1 billion budget deficit, underenrollment, and underutilization issues that have prompted the need for school shut downs.

* Another Chicago Sun-Times article listed several other schools already confirmed by officials: Courtenay Elementary Language Arts Center, Herbert Elementary, King Elementary, Lafayette Elementary, Pershing West, and Calhoun Elementary.

* The final list and a schedule of shutdowns and other staff overhauls will still have to be approved before being enacted.

Rachel Bogart provides an in-depth look at current environmental issues and local Chicago news stories. Currently pursuing her master's degree in environmental science, she applies her knowledge and passion to both topics to garner further public awareness.


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Chicago to close 54 elementary schools

CHICAGO (Reuters) - Chicago Public Schools will close 54 elementary school programs and 61 school buildings, representing 13 percent of the elementary school buildings in the country' third largest public school district, the Chicago Teachers Union said on Thursday.

Citing a list of schools to be closed provided by the district, the union said the schools would be shuttered primarily in Hispanic and African-American neighborhoods. The district, which has a $1 billion annual deficit, has said it needs to close schools to save money.

Enrollment in Chicago Public Schools has fallen 20 percent in the last decade, mainly because of population declines in poor neighborhoods. The first teachers' strike in 25 years last September resulted in a pay raise for teachers, and contributed to the district's financial crisis.

(Reporting by Mary Wisniewski; Editing by Greg McCune)


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Chủ Nhật, 10 tháng 3, 2013

CPS Commission Finds that Chicago Can Close 80 Schools in One Year

According to an article from the Chicago Tribune, a report issued by the Commission on School Utilization, tasked by Chicago Public Schools CEO Barbara Byrd-Bennett to analyze school closures, concluded that the district could safely close or overhaul as many as 80 schools this year alone. Although CPS has never closed more than a dozen schools in a single year, the report notes that closing this many schools is logistically possible and provides Mayor Rahm Emanuel's administration and CPS with support in preparing the final list of schools slated for closure and the end of this month.

Here are some facts and details about the panel's report and how it influences the process of moving forward with school closures:

* The commission spent four months preparing its report and took public hearings into account.

* It confirms the district's claims that there are underutilized schools and that these schools suffer the most in terms of academics.

* The report offers five recommendations for CPS in moving forward: only closing schools where students can safely be transferred to better-performing schools; assessing all relevant factors in detail; completing the closures in either one year or two; allocating funding for the influx of relocated students; and creating plans for vacated buildings with an emphasis on the surrounding communities.

* Regardless, the commission admitted that if CPS closed 80 schools, some students would have to travel a significant distance to attend a new school. But if 60 were closed, all displaced students would be within a mile of their new school.

* Moving forward, CPS is working from a list of 129 schools that is set to be whittled down by the end of the month. The 80 school closings suggested by the commission are considered to be flexible, added NBC Chicago.

* Closures are not the only option and the district may pursue staff overhauls or joining poorly performing schools with nearby schools.

* WBEZ noted that the Chicago Teachers Union heavily criticized the report and disagreed with its finding, specifically that the district could not shut down 80, or 13 percent of its schools, without "mass chaos" ensuing.

* The union backed a moratorium on all school closings and requested an independent review of the report to verify the conclusions.

* Other issues still persist as a Chicago Sun-Times analysis found that nine out of 10 students potentially impacted by the school closings are African-American.

* Of the 129 schools on the current list, 103 have at least a 90 percent black student population and nine have a Hispanic majority.

* The major disparities in the impacts among racial groups could set the district up for a major lawsuit when pursuing school closures.

Rachel Bogart provides an in-depth look at current environmental issues and local Chicago news stories. Currently pursuing her master's degree in environmental science, she applies her knowledge and passion to both topics to garner further public awareness.


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