$1B public works bill clears Minn. Senate

A $1 billion construction projects package easily cleared the Minnesota Senate on Tuesday, despite a threat from Gov. Tim Pawlenty to veto a bill he called “unaffordable, irresponsible and filled with local projects.”

The Senate voted 52-14 for the legislation, which would funnel money into college buildings, sports centers, trail projects and bridge repairs.

It was the first big test for a public works package promoted by its Democratic supporters as a way to create 10,000-plus jobs. They are hoping for quick enactment so the state can grab low bids and low interest rates when the snow melts.

“The bill in front of us is a jobs bill,” said Sen. David Tomassoni, a Democrat from Chisholm. [Read the full article]

{loadposition in-article}

ConAgra Foods is thanking customers for buying its Banquet brand meals by giving away cash prizes of $10, $100, $500 and $100,000.

The Omaha-based maker of Healthy Choice, Orville Redenbacher, Chef Boyardee and other branded foods says it wants to give families another reason to buy Banquet meals.

ConAgra vice president Tom McGough says the company wants to reward its loyal customers with a little extra spending money.

More than 16,000 Banquet meals made between now and the end of April 2010 will have vouchers for cash inside the boxes. [Read the full article]

With the NASCAR season revving up at Daytona International Speedway this week, companies still have a chance to associate themselves with the sport’s most popular driver, Dale Earnhardt Jr.

And they can do so at the relative bargain-bin prices found in NASCAR’s second-tier Nationwide series.

{loadposition in-article-finance}

In happier economic times a few years ago, the possibility of such a deal would have triggered a stampede of potential sponsors tradin’ paint with briefcases as they raced from the boardroom to the track. But as of this week, the Earnhardt family’s JR Motorsports team had sponsorship contracts in hand for only 12 of 35 races for its main No. 88 car; the team has struck separate deals for Danica Patrick to run a part-time schedule in a second car. [Read the full article]

You may also like...