http://finadviserweblog.com News: Finance and Economic Thu, 18 Mar 2010 01:48:00 +0000 http://backend.userland.com/rss092 en Ecology and Environment Inc. will expand its operations western United States with the formation of a new subsidiary. The Lancaster environmental consulting firm said the added unit, Lowham Walsh LLC, will focus on the Rocky Mountain and Northern Great Plains region. E&E (NASDAQ: EEI) recently increased its ownership stake ... http://finadviserweblog.com/ee-widens-wester-footprint/ India’s food-inflation rate stayed at around 18 percent for a sixth week, a sign that farm prices may have peaked and will start declining soon. An index measuring wholesale prices of lentils, rice, vegetables and other food articles compiled by the commerce ministry rose 17.81 percent in ... http://finadviserweblog.com/india-food-inflation-may-slow-after-near-18-gain-for-six-weeks/ Municipal bond investors are piling into Treasuries as state and local government finances worsen and the yield advantage for tax-exempt securities evaporates. Local government bonds due in three years with AAA ratings yielded 66 percent of similar maturity Treasuries last month, about the lowest level since Bloomberg ... http://finadviserweblog.com/treasuries-supplanting-munis-as-brown-brothers-favors-two-years/ The dollar slipped against other major currencies Wednesday after Greece announced measures to reduce its deficit by four percentage points this year. What prices are doing: The dollar fell 0.6% against the euro to $1.3694, and dropped 0.8% against the pound to $1.5131. The greenback edged 0.4% lower ... http://finadviserweblog.com/dollar-slides-on-greece-budget-package/ Having reached capacity at their two St. Louis brewing facilities, the makers of Schlafly beer are finalizing arrangements to expand production through deals with two out-of-state breweries. St. Louis Brewery Inc. has tentative agreements with brewing sites in Stevens Point, Wis., and Latrobe, Pa., company co-founder Dan ... http://finadviserweblog.com/schlafly-ramps-up-beer-production/ The Senate on Wednesday approved a $15 billion job-creation bill that would give businesses tax breaks for hiring the unemployed and states more money for infrastructure projects.The four-prong bill would:Exempt employers from Social Security payroll taxes on new hires who were unemployed;Fund highway and transit programs through 2010;Extend ... http://finadviserweblog.com/senate-approves-15-billion-jobs-bill/ The Federal Reserve raised the rate it charges banks that borrow from the central bank when they run short of funds.The Fed said late Thursday it is raising its discount rate by a quarter percentage point, or 25 basis points, to 0.75%. The central bank said in a ... http://finadviserweblog.com/fed-raises-emergency-funding-rate/ Senior living community The Place at Gallatin has a new name and a new owner. Seattle-based Emeritus Senior Living announced today that it has purchased The Place at Gallatin, which will now operate under the name Emeritus at Gallatin. Publicly traded Emeritus currently operates 316 residential and assisted living ... http://finadviserweblog.com/the-place-at-gallatin-sold-to-emeritus-senior-living/ Electronic Arts Inc. won't have a new March Madness NCAA basketball game for the first time since 2003, another sign of the company's recent struggles. The game was missing from the product release list that Redwood City-based EA (NASDAQ:ERTS) announced last week but it wasn't until Saturday that it ... http://finadviserweblog.com/no-march-madness-ncaa-game-from-ea-this-year/ Forestview Senior Village, the last phase of Woodlands Residential Village, has been completed and residents are moving into the three-story building. Forestview, developed by Wheatfield-based Calamar, features 92 independent-living senior apartments. Calamar has developed more than 300 units in the 26-acre Woodlands complex, located off of Forest Parkway in ... http://finadviserweblog.com/calamar-wraps-last-wheatfield-phase/