Sunday, June 3, 2007

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New priest compensation plan to take effect July 1

BRIGHTON -- The Archdiocese of Boston will increase priest stipends on July 1 in an effort to compensate for higher living expenses and defray the cost of Social Security. The goal of the new policy is to be fair and just for all priests, according to Father Robert Connors, chair of the Stipend Committee.

The benefits package for archdiocesan priests was recently approved by Cardinal Sen P. OMalley after two consultations with the Presbyteral Council. The policy is usually reviewed about every three years but has not been changed since 2003, except for annual cost of living increases of 3 percent.

Father Arthur M. Coyle, secretary for pastoral and ministerial services, laid out the two primary reasons for the increase in a letter to the priests of the archdiocese.

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THE DOMINION OF CANADA GENERAL INSURANCE COMPANY GOES LIVE WITH

The Dominion of Canada General Insurance Company ("The Dominion"), a leading Canadian property and casualty insurer; and Guidewire Software®, a leading provider of technology solutions to property and casualty and workers' compensation insurers, today announced that The Dominion is in production with Guidewire ClaimCenter®. ClaimCenter is being used to modernize and replace the company's existing legacy claims system in order to better serve the needs of its policyholders and its network of independent brokers.

The Dominion's phased ClaimCenter roll-out started with 35 adjusters and is on track to include 300 adjusters by the end of May 2007. This initial phase includes personal automobile and personal property, along with some commercial automobile lines.

"Our Guidewire implementation project has gone very smoothly," said Janet Babcock, vice president and chief information officer, The Dominion.

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Hope time

HOPE -- It isn't easy putting into words the lure of place like Hope, a rush-hour-free zone of self-reliant folks, great dogs, a healthy mix of respectable vehicles and a few rust buckets with license plates that expired sometime in the previous millennium.

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Mock tournament if NBA players aligned by shoe company

By John Marshall
The Associated Press
Youve seen the best players from each conference face off in the All-Star Game. What if you could pit teams from the four major shoe companies against each other?
Chances are, its never going to happen; but that wont stop us from imagining it. Using athletes from the top four basketball shoe manufacturers, asap has created a mock tournament to see which sneaker company would reign on the floor.
We broke them into two divisions Old School and New School and are running the tournament as if all players are healthy.
Heres what I came up with:

n OLD SCHOOL FINALS: ADIDAS VS. CONVERSE.
ADIDAS: G Gilbert Arenas, G Tracy McGrady, F Tim Duncan, F Kevin Garnett, C Dwight Howard. (Reserves: Chauncey Billups, Adam Morrison, Andres Nocioni, Peja Stojakovic, Grant Hill, Mike Miller, Jordan Farmar.)
CONVERSE: G Dwyane Wade, G Kirk Hinrich, F Udonis Haslem, F Kyle Korver, C Mike Sweetney.

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Puma profit falls on cost of developing new products

DÜSSELDORF: Puma, the second- largest maker of sporting goods in Europe, said Monday that fourth- quarter profit declined 26 percent as the company spent more money to design new shoes and clothes.

Net income fell to €32.8 million, or $43 million, from €44.1 million a year earlier, the company said.

That missed the €34.5 million median estimate of seven analysts surveyed by Bloomberg. Revenue rose 38 percent to €480.6 million, also short of the median estimate of €492 million.

Costs increased by almost half in the period and profitability waned as Puma raised investment in its brand. The company plans to introduce goods in 2007, like a range inspired by tennis players of the 1970s, to compete with larger rivals Adidas and Nike in a year without high-profile sporting events like the soccer World Cup.

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A New Twist on an Old Crime

A gang of professional car thieves trolls the parking lot of an upscale retail mall until they find what they want: a shiny new SUV. Within seconds they've disabled the alarm, hot-wired the engine, and driven away.

Now, how to sell the car for big bucks? They COULD do the traditional...and sell it for parts or as hot merchandise. But that would only bring in a few thousand dollars. Instead, they turn to the most lucrative scam on the block that will help fetch top dollar for their prize.

It's called "car cloning." And, as part of our longstanding battle to curb auto theft (we've been in the business since the days of the Model T), we're determined to stop it.

Here's how cloning works:

After leaving the mall, the thieves head for a neighboring state.

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Citizens can voice opinions to assist northern businesses

The Ontario government's Northern Development Councils have announced they will tap into regional expertise to help develop recommendations for high-potential business growth strategies, says Northern Development and Mines Minister Rick Bartolucci. "We're on the side of northerners," said Bartolucci, in a news release. "That's why we're initiating a dialogue with northerners about growing and strengthening northern businesses." The research phase began late last year with a review of research and previous reports, said Bartolucci. The councils used this information to develop potential growth strategies. Northerners now have an opportunity to comment on a wide variety of proposed business-support strategies and to identify those they think would be of greater benefit for their own communities, he said.