Monday, April 7, 2008

News Roundup, 4/7/08

Posted By on Mon, Apr 7, 2008 at 9:37 AM

Professionals moving to Charlotte, without a job: For years 80,000 professionals without jobs have been moving to Charlotte based on the buzz about the city said, Ed Turner, owner of Smith Turner Group, a job recruiting firm in Charlotte. Some get work immediately, some are still looking while taking temp jobs and others got hired then laid off because of declining economy. The job market here has done well, maybe even better than the overall national job market.

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Airline passenger complaints soaring: Rates of airline passenger complaints are up 60 percent overall. The industry showed declines last year in every single area of the Airline Quality Ratings, based on an annual survey.

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Yahoo not opposed to deal with Microsoft: The software giant Microsoft is offering Yahoo $41 billion to buy them out. Microsoft warned Yahoo that if a deal is not reached by April 26, they will launch a hostile takeover and offer a deal with a less attractive money offer.

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'Recycled' medication battle rising costs: Imagine having a chronic illness, being uninsured and having to either skip doses of medicine or go without because it is too expensive. A study by the Commonwealth Fund in 2006 found 59 percent of uninsured people have to make this decision every day. At least 33 states have laws or programs studying the issue of recycling drugs, according to the National Conference of State Legislatures. Some states allow individuals to donate sealed drugs, while other states only accept pharmaceuticals from institutions, like doctor's offices or assisted-living homes. Pharmacists cross-check the donations for safety purposes, then distributed by hospitals, pharmacies or charitable clinics.

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