Monday, August 17, 2009

Daily Briefing, 8/17/2009

Good morning everyone! Here is today's Daily Briefing.

The Sands Bethlehem is planning on adding slots this fall, but a Morning Call story says that the machines aren't necessarily earning enough to justify the addition of those new machines. The Express Times runs a story on how the current budget will eliminate $140,000 from ArtsQuest, hurting Musikfest and other local programs. WFMZ also notes that the budget crisis has many college students in limbo about the status of their student aid. The E-T also runs a story on how adult enrollment at local colleges has increased, with many individuals taking advantage of their lack of employment by returning to school.

In world-wide news, Japan exited its recession last month, posting a .9% growth. Still, many analysts are worried that the modest growth was a result of governmental stimulus spending and that the growth will stop when the stimulus money does. Economic jitters have also affected the price of oil, which dropped to a two-week low at around $66 per barrel.

Business Matters airs tonight - the topic is the proposed 1% sales tax increase on business to offset property taxes. You can watch the show at 8:00pm on WFMZ and join in the debate on the show on the Business Matters blog.

We have one Chamber event today, and its a big one: the Walla Gazoo golf tournament.

And that's it! Have a great day and we'll catch you later.

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