By Annie Lowe on May 7, 2010
After protesting the U.S. Department of Defense’s decision to Award Aetna with the lucrative TRICARE health care contract, Health Net announced today that the Department of Defense now intends on awarding it to Health Net. Health Net has held the TRICARE North Region contract for 22 years, and the loss of the contract last July resulted in [...]
Posted in Business | Tagged Department of Defense, Health Net, Tricare
By Annie Lowe on April 23, 2010
American River Bankshares, the parent company of American River Bank, reported on Thursday a loss of nearly $900,000 in net income for the first quarter of 2010, compared with 2009 results. The amount equals a dip of 19 cents per diluted share compared to the first quarter of 2009. Last year, the company reported a net [...]
Posted in Business
By Annie Lowe on January 27, 2010
Last week, Congresswoman Doris Matsui announced that Sacramento Municipal Utility District (SMUD) and local partners will receive $5 million in federal grant funding from the Department of Energy (DOE) for the installation of California’s first ‘Solar Highway,’ a co-digestion facility, and three anaerobic digesters. This funding was authorized by the American Recovery and Reinvestment Act (ARRA).
Posted in Economic Development, Government
By Annie Lowe on January 27, 2010
Pennsylvania-based SunGard Availability Services announced today that in May it will be opening a new 69,000 square-foot data center in Rancho Cordova, and jobs for the new facility are already posted on their website.
By Annie Lowe on January 20, 2010
FCUSD Board members decided to replace Superintendent Patrick Godwin with current Deputy Superintendent Debbie Bettencourt in a unanimous vote Thursday, while Cordova High School Principal Jackie Levy’s replacement has yet to be decided.
