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$11M expansion at Paoli Hospital

published Fri, May 18 2012 17:10 GMT
Paoli Hospital's maternity unit is undergoing an $11 million expansion that will add 14 private patient rooms, bringing the total to 40, all private, the hospital said. The construction project also involves 12 labor, delivery, and recovery suites, four triage rooms, plus a larger nursery and a neonatal intensive care unit that handles more critical problems with newborns. The Paoli Hospital Foundation has raised $3.8 million of the $4 million it plans to contribute to the expansion, which is scheduled ... more

Delta details airfare search glitch

published Fri, May 18 2012 16:24 GMT
Delta Air Lines said a glitch that appeared to show different airfares to frequent fliers happened because it was trying out a new company to power flight searches on its website.

Chesapeake Energy to cut pay of outside directors

published Fri, May 18 2012 15:26 GMT
Natural gas and oil producer Chesapeake Energy Corp. says it will cut the pay of outside directors on its board by 20 percent and eliminate their use of company aircraft.

Chesapeake cuts outside directors' pay

published Fri, May 18 2012 15:22 GMT
(Reuters) - Chesapeake Energy Corp reduced the compensation for its outside directors by 20 percent and eliminated their use of its aircraft for personal travel, the company said on Friday. The natural gas producer said its outside directors will receive total annual compensation of $350,000, comprised of a $100,000 cash component and a $250,000 equity component. (Reporting By Matt Daily)

GM passes on running TV ads during 2013 Super Bowl

published Fri, May 18 2012 14:18 GMT
(Reuters) - General Motors Co will not advertise in next year's Super Bowl because it is too expensive, the top marketing executive for the U.S. automaker said three days after the company said it was dropping paid ads on Facebook. The 2013 Super Bowl will be broadcast by CBS Corp, which is selling 30-second ads for as much as $4 million. Spots on NBC's broadcast of this year's National Football League championship game, the most heavily watched annual event on ... more


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