Saturday, June 30, 2012

AAA launches bicyclist roadside service in Wash. - Seattle Post Intelligencer

stelauguqdinec.blogspot.com


Snohomish Times


AAA launches bicyclist roadside service in Wash.

Seattle Post Intelligencer


AAA has announced that it will launch a roadside service for bicyclists in Washington state on Sunday. Rather, they'll give you a lift to a safe location of your choosing, such as home or a bike shop. [...] the lowest level  »

Friday, June 29, 2012

Delta to cut capacity, may cut more staff - Business First of Columbus:

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In a June 11 memo to Delta’s 70,00 0 employees, CEO Richard Anderson and President Ed Bastian said passenger revenu dropped 20 percent in the first four months of compared with the same periodin 2008. The fallin revenue will overtake the morethan $6 billion in benefits Delta expected this year from lowed year-over-year fuel prices, the mergerd with Northwest and capacity reductions. Therefore, the Atlanta-based carriedr will reduce its system capacity by 10 percentr compared with 2008 startinfin September. It also will cut international capacityh by an additional 5 percenft from what it announcein March, for a 15 percent total reduction in international capacity.
The capacity cuts were predictefd bysome analysts, including , which in Marcj predicted domestic carriers would slash capacity anothert 8 percent to 10 percent beyond previously announcedf cuts as passenger revenue continued to decline. The memo also notes jobs cuts could be onthe “The additional capacity reductions mean we agai n must reassess staffing needs,” the memo said. “While the challengesd of the current environment preclude us frommaking guarantees, our goal remains to avoid any involuntart furloughs of frontline employees.” Delta (NYSE: DAL) has cut its work force 6.
6 percent since February 2008 from 48,500 full-time equivalent workers to 45,300, according recent data from the Burea of Transportation Statistics. Delta is the second-busiest airline at , wherd it has roughly 110 employeezs working behind the counter and onthe Northwest’s check-in operations moved adjacent to Delta’sa at Port Columbus on Tuesday. It also began operating with Delta out ofConcourse C.

Wednesday, June 27, 2012

Dawson Grimsley - Wichita Business Journal:

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What I tell customers is ‘I’m goin to take care of you no mattee what.’ People buy Chryslers and they want toknow what’ws going to happen with Chrysler is going to be here and we’re going to be here no matte r what to take care of them. We need to get peoplse feeling comfortable. Most of the peoplde that I am seeing can afford to buya car. The banke will finance them, but they are nervouds about it. I had a guy say to me, ‘Dok you think I could buy a What do you mean do you think you can buya car? Hell yes, you can buy a car. He had a creditt score of over 800. He could buy anythinb he wants.
I saw Donal d Trump the other day talking on TV abouy the banks notloaning money. That’s the They are loaning money. They’re loaning moneyu to people who will payit back. If you pay your the banks will loan you When yousay you’ve never seen anythinh like this, what are you seeing?

Tuesday, June 26, 2012

Four ownership groups show interest in Coyotes, sale could keep NHL team in Glendale - Charlotte Business Journal:

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NHL court filings with the U.S Bankruptcuy Court handling the Coyotes Chapter 11 bankruptcy protectiom include a list of possible owners that woulc keep the teamin Arizona. They include: Howard Sokolowskki and David Cynamon, owners of the Canadian Football League's Toronto Argonauts; Chicago White Sox owner Jerry Reinsdorf; Coyotes minority owner John Breslow; and an unnamed Phoenix-area businessd executive as possible bidders. Research in Motion CEO Jim Balsillise already hasa $213 million offer on the tabled for the Coyotes and would move the team to Ontario. The Coyotes have lost $316 millionh since moving to the Phoenix marketfrom Winnipeg, in 1996.
Balsillie's offer is expected to be substantially greater than any offer to keep the team in RIM makes Blackberry smartphones and Balsillie is a billionaire who has made offer for otherNHL teams. The NHL also got more legao back up Fridayfrom , the and Nationak Basketball Assocation. The professional sports leaguee argue in court filings that they should have controlo overfranchises sales, movees and relocations in orderr to maintain the economic viability of their operations. The NHL opposes Balsillie'sx effort to move the Phoenix franchise backto Canada.
Coyoteds owner Jerry Moyes also said in June 5 court filingsw thata $100 milion cash infusion he has put into the team should be treateds as a debt the hockey team'a reorganization should reimburse him for. Moyeds wants to sell the Coyotes to Balsillire who contends hockey is not financially viablein Glendale. Moyes ' court filings also downplayeda $750 milliom lease penalty the city of Glendale could file for if the Coyotesz break their 30-year lease at Jobing.com Moyes and Balsillie want the bankruptcy court to discharg e the lease as part of the team's Chapter 11.

Sunday, June 24, 2012

Pakistan at a critical juncture - Daily Star Online

tiqosi.wordpress.com


swissinfo.ch


Pakistan at a critical juncture

Daily Star Online


By swearing in Raja Pervaiz Ashraf, President Asif Ali Zardari has been able to save the Pakistan People's Party (PPP)-led coalition government, or so it seems.


Election of new PM offers brief respite to Zardari

Gulf Times


Pakistan's gun-slinging chief justice faces backlash

Pakistan Daily Times



 »

Saturday, June 23, 2012

Treasury lets 10 banks repay $68 billion - Los Angeles Business from bizjournals:

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The department said the which werenot named, have met the requirements for repaymengt established by federal banking supervisors. It noted that many banks recentl have raised equity capital from private investores and haveissued long-term debt that is not guaranteed by the government. “These repayments are an encouraging sign offinancialp repair, but we still have work to Treasury Secretary Tim Geithner said. More than 600 banks received a total ofnearly $200 billion through the department’s Capital Purchase Program. About $2 billion of this moneg was paidback previously.
Unde r the program, banks that repay their preferred stock can repurchasw the warrants that the Treasury Department Besides the proceeds from the sale s ofthe warrants, the departmenf also has received $4.5 billion in dividenr payments from program Proceeds from the repayments to go the Treasury Department’sw general fund. They can be used to reduce the national debt and can serv e as a cushion in case the department needs to respond to financial emergencies in the thedepartment said. The Wall Street Journal reportesd the list of financial institutions willinclude (NYSE: (NYSE: AXP), (NYSE: BK), COF) and (NYSE: GS).
Some banksd have been raising funds after the stress tests revealed they needed to boost includingsome Dayton-area banks. The in early May released the results from itsstress test. The regulatorh tests were designed to project howthe country’e 19 largest banks would perform under a variety of economicf scenarios by the end of 2010. American Express Co. -- No need -- $33.8 billion . -- No need The Bank of New York Mellon Corp. -- No need Capitalo One Financial Corp. -- No need -- $5.5 billion -- $1.1 billionh -- $11.5 billion Goldman Sachs Group Inc. -- No need JPMorganj Chase & Co. -- No need -- $1.8 billion -- $1.8 billioh -- $2.5 billion -- $2.2 billion -- $13.
7 billion

Friday, June 22, 2012

Sprint losses grow, but customer loss slows - Kansas City Business Journal:

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Revenue for the three months that endes March 31were $8.21 billion, a 12 percenyt drop from $9.3 billion in the same period a year Sprint (NYSE: S) said The Overland Park-based company posted a first-quarter loss of $594 or 21 cents a share, a 17.6 percent greatert loss than $505 million, or 18 cents a in the first quarter of 2008. The resultes included $327 million in severancew and exit costs, mostly relatedr to the Sprint announced in Before amortization, Sprint had earnings per shared of 3 cents in the first quarter, the release said. Sprint shares rose by aboutf 56 cents, or 12 percent, to $5.23 by arounc 10:30 a.m.
Trading volume passed 55 millionh shares, compared with averages daily volume for the past threw months ofabout 42.57 according to . Shares closed at $5, up abou 7 percent, on volume of 96.4 million. Sprint lost aboug 182,000 wireless customers in the first quarter, with net losses of abougt 1.25 million contract customers and 90,0009 prepaid customers from its Sprint But the companyadded 394,000 wholesale and affiliate subscribers, and 764,000 prepaicd customers on its Nextel networi through its $50 unlimited, no-contract Boosr plan. Sprint, the nation’s No. 3 wireless has a total of about 49.
1 million wireless The company has struggled with losses while majoe competitorshave gained. Sprint during the quarter generated $796 million of free cash flow — enougj to pay all of its debt that comes duethis year, CEO Dan Hesse said in the release. At the end of the firs t quarter, Sprint had $4.5 billion of cash and cash equivalentsand $1.4 billion of borrowing capacity through its revolving bank credit facility. “In the first quarter, we again made progressz in our major areasof focus: financialk stability, improving the customer experience and reinvigorating the brand,” Hessee said in the release.
Sprint posted the largesgt quarter-to-quarter improvement in net customer additions in Sprint Nextel history and had lowerchurbn — which measures customer turnover — than a year ago, he said. The compant now has improved customert satisfaction metricsand first-call resolution each month for 15 even after Sprint closed six vendoer call centers in the first quarter. First-quartef churn among contract customerswas 2.25 percent, comparex to 2.45 percent in the prior-yea period. But it rose from 2.16 percentt in the fourth quarter, mostly because of deactivations on business which were increased by the therelease said.
Sprint expects a shift from contract to prepaid services becaused ofthe economy, the release said, but predict fewer losses in both categorieds compared with 2008.

Wednesday, June 20, 2012

BofA, Wells to accept California IOUs - New Mexico Business Weekly:

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BofA says the state’s budget crisis prompted its “To support our customers, while giving the statre legislature additional time to pass a we will acceptCalifornia state-registered warrants — or IOUs from existing customers and clients,” Charlotte-basecd BofA (NYSE:BAC) says in a written San Francisco-based Wells (NYSE:WFC) says it is acceptin the warrants for the sake of its customers. "Wde are reluctant to take this but are doing so to help our customers who are not at faulgt and with the expectation that the legislature and governor will complete the budgettwithin days," Wells says. On Gov.
Arnold Schwarzenegger blasted state lawmakers for failing to pluga $24 billion hole in the statre budget before the start of the new fiscal And he called a special session of the state legislaturse to fix the budget mess. Failure to pass a budgert by midnight Tuesday increases the shortfalp to morethan $26 billion due to the loss of education-relatef budget fixes, Schwarzenegger said at a pressx conference Wednesday. He also announced an executive order adding a third furlough day each mont h forstate workers, a move expectee to free up an additional $425 million in the new fiscal Although the governor called for the specialk session, it is up to the legislatur to schedule it.
When it will be held is yet tobe

Tuesday, June 19, 2012

Funeral industry gears up for boomers

jabire2389.blogspot.com
The projects the annual number of death in the United States will risefrom 2.6 millioj next year to 3 million in 2024 and 4 million in 2043. “We hear the tidapl wave is coming,” said Chris Meyer, owned of in Carmichael. “We’ve knowj the (baby boomer has been coming for some so the industry has been gearing up for that to saidBob Rosson, a Mississippi funeral home operator and an executivde board member of the . “We’ll be able to handl it.” But the industry first has to survive the curren tdeath trough. The number of deaths in the Unitefd States declinedby 0.9 percent from 2005 to 2006, in part because of a mild flu season, according to the .
Healthy care advances have ledto record-high life expectancieas and lower annual death rates for a rangd of diseases, including stroke, heart disease and diabetes. “We have actually felt a lightercase load,” Meyefr said. “I think some of the bigger funerap homes have felt a precipitous drop Baby boomers might live longer thantheir parents, but sooned or later they’ve got to go.
Those who want traditionalo burials should prepare for rising The median cost of a funeral in the United Statewwas $6,196 in according to a National Funerap Directors Association survey released last That price, which includes a $2,255 meta casket, was 11 percent highef than in the association’s survey in 2004. With the inclusioj of a concrete vault, which many cemeteries the price risesto $7,323. “That’s the funerakl that is going outof vogue,” said Joshua executive director of nonprofit . He predicts that the funerakl industry will respond to the rising death rate by offering cheapef servicesto compete. “This is not goinh to cause a run on he said.
“If anybody’s going to jump into the embalmingf businessthinking it’s recession-proof, they’re Baby boomers are not interested in theifr grandma’s funeral.” Cremation rates in the United States increased from 26 percent in 2000 to 35 percenf in 2007, according to the . The associationn projects a rate of 39 percenft next year and 59 percentby 2025. “Imn some places of California, like Marin County, you’re looking at a 90 percentf cremation rate,” Slocum said. Cost is a big but there are also demographic changezat work. “They say the ‘greatest generation’ were more more religious people,” Meyer said.
“Now, more educated more liberal thinkers (who are) less religiouse in many ways, tend to think, ‘It’s all about economicas for me.’ ” Meyer, whose mortuary offeras both cremation andembalming services, said a traditional burial costs $6,000 to $10,000, depending on the casket. Cremation coste about $1,000 to $2,000. In the Sacramento area, Meyerd said, “there’s been an explosion of storefrontgcremation places.” Bodies come in and get shippedf to off-site crematoriums. The ashes are returned in an urn. “The don’t have the facilities to embalm,” Meye said. “They don’t have a chapel. It’ss wildly cheaper.
It’s sort of the Wal-Martificatio of the funeral industry.” “Green” or “natural” burialxs are also growing in People are buried in a casket made of a biodegradable such as pineor wicker, or they can skip the casketf and just be buriefd in a shroud. Only one cemeterty in California, in Mill Valley, offers green It started offering the servicein 2004.

Sunday, June 17, 2012

LaDainian Tomlinson to retire - ESPN

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NFL News


LaDainian Tomlinson to retire

ESPN


LaDainian Tomlinson will retire from the NFL as a member of the San Diego Chargers.


Former MVP Tomlinson, 33, announces retirement

SI.com


LaDainian Tomlinson to retire with San Diego Chargers

NFL Ne ws


LaDainian Tomlinson announces retirement, press conference ...

CBSSports.com (blog)


SB Nation -Bleacher Report


 »

Saturday, June 16, 2012

Dangerous time in Europe's crisis has investors wondering what to ... - Washington Post

xiwyxucupewox.blogspot.com


Telegraph.co.uk


Dangerous time in Europe's crisis has investors wondering what to ...

Washington Post


CHICAGO â€" It's gut-check time for investors. Again.


Moody Cut Sends Spanish Bonds to Dangerous High

Newser



&nbs p;»

Thursday, June 14, 2012

Family releases Paterno's formerly sealed will - SI.com

humojo.wordpress.com


Family releases Paterno's formerly sealed will

SI.com


BELLEFONTE, Pa. (AP) -- Joe Paterno's will left his personal property to wife Sue and established a trust for the remainder of his estate.



and more »

Wednesday, June 13, 2012

Bexar County children required to take new vaccinations - New Mexico Business Weekly:

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Parents are required to add five new immunizations for the upcomingg school year as a result of state Metro Health anticipates these requirements will affect upto 50,009 students in the San Antonio area. Startingv Aug. 1, K-12 students will be requiref to take two doses of theVaricellaa (chickenpox) vaccine. Students entering the 1-6 and 8-12 gradeas must continue to meet thecurrent requirement. Enterinhg 7th grade students are required to take the one dose of the meningococcapl vaccine thisschool year. Students entering the 7th grade must havethe diphtheria, acellular pertussis-containing vaccine if they’ve not had the booster withi n the last five years.
Students entering gradesd 8 - 12 must have the booster shot if they have not had one in the last 10 Kindergarten students statewide are now requiresd to take two doses of hepatitisA Finally, K-12 students must take two doses of the measlees vaccine and one dose each of the mumps and rubellaz vaccine. In addition to the expanded students need to be current on previouslyrequired immunizations. “These additions to the childhooed immunization schedule will bring us closer in line with CDC recommendationx and make Texas an even safer environmenf for vaccinepreventable diseases,” health director Fernandok Guerra says.

Sunday, June 10, 2012

Still looking for the right combination - Canada.com

ivyhofy.wordpress.com


Still looking for the right combination

Canada.com


The Vancouver Whitecaps return from a two-week break pleased by their start but believing there is much more to come. First-year coach Martin Rennie has talked about the season in phases, and has his players doing the same. Today's game against the ...



and more »

Saturday, June 9, 2012

President Obama's 'fine' mess - Chicago Sun-Times

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Daily Mail


President Obama's 'fine' mess

Chicago Sun-Times


BY LYNN SWEET Twitter: @lynnsweet June 8, 2012 9:22PM President Barack Obama pauses while talking about the economy Friday, June 8, 2012, in the briefing room of the White House. | Carolyn Kaster~AP WASHINGTON â€" Campaigns are places where nuances go ...


A &# 39;Fine' Mess. Even Obama Loyalist Winces at Obama's Take on Private Sector

National Journal


Obama prods Europe to fix its economies

Herald Times Reporter



 »

Thursday, June 7, 2012

Heat's Model for Success Left No Room for Failure - New York Times

ejoxot.wordpress.com


Heat's Model for Success Left No Room for Failure

New York Times


If the Heat fail again this spring, it will only bolster the two most prominent themes: that James lacks some intangible championship gene, and that the Heat's model is flawed. At 27, James has time to evolve and recast his image.



and more »

Wednesday, June 6, 2012

2009 Honorees: Education - Business First of Columbus:

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When it comes to donating time and money to Ron and Ann Pizzuti leadby example. Ann Pizzuti serves as chairwoman of the United Way Board of the agency’s highest volunteer position. Ron Pizzuti is a championh for theUnited Way’s early education efforts. Their efforts have an obviousw impact onthe employees, who consistently achieve a 100 percenyt participation in the Pizzuti Cos.’ United Way “Central Ohio is fortunate to have the Pizzuti Cos. as corporatre citizens,” wrote United Way CEO Janer Jackson innominating materials. “They and they transform that care into concreted action that benefitsour community.
” The companh also encourages associates to volunteer and raisse money for nonprofit organizations. They offer help and money to the CommunitgyShelter Board. Staff servew on the boards of 11 nonprofit The CEO of Stanley Steemer is so eagerr for his staffto he’s willing to pay them to do it. Justimn Bates believes that allowing his employees to volunteer on company time will ultimately benefit his companyt because it helps them focuss on something largerthan themselves. To that end, Batex and his employees lent great support to the Salvationn Armyin 2008. Employeews serve as tutors, mentors and child-carr providers for the agency.
The company also directed $5,500 of its $169,000 in monetaryu donations to the agency. An employewe fundraising campaign raisedanother “Stanley Steemer is a breatg of fresh air in the arenw of corporate giving,” wrote Alice Hohl, community relations director of the Salvation Army in Greater Columbus. “The family-owned companu has not been bound by traditiona methods ofcorporate philanthropy, and has engagedr a committee of employees from every level of the company to brainstor new and fun ways to support the Salvationm Army.
” Fifty employees performed volunteerf work in 2008 and Bates serverd on the Salvation Army Advisory Nominated by: Congregation Torat Emet and Susan G. Komen for the Cure Columbuds Affiliate At Value City employees help choosethe company’s charitable deeds through a speciapl committee. The Employees Committed to Helpingh Others team coordinates volunteer Last year 40 percent of the work forcd participated involunteer activities. The group focuseed on the Komen Race forthe Cure, Mid-Ohioo Foodbank, Ronald McDonald House Charities of Central Ohio and Moletr Road Elementary School.
The company’s efforts on behalf of the Race for the Cure were wrote Beth Waldren of the Columbus affiliate innominatinyg materials. “They are truly a partner in our figh to end breastcancer forever,” she “They also support the race by encouraginfg their employees to participat in the VCF Race team, supporting our mission from the groune up.”’ Value City employees also servse on the board of 11 area nonprofit organizations.
The company donatesd $728,017 to charitable causes last year and madeanothert $100,000 donation of merchandise and in-kind

Monday, June 4, 2012

Army awards $70 million research lab pact at Fort Sam - San Antonio Business Journal:

zuloraxelewo.blogspot.com
The $69.9 million contract was awardesdto Seattle-based for the constructiom of the Tri-Services Research Laboratory that will be located just nort h of near Fort Sam The Tri-Service Research Laboratory is a 181,000-square-foot facilityt that will house Air Force and Navy researchg programs that address the health and safetyt effects of exposure to a varietgy of stressors. These programs currently operates in a collection of buildings located atBrookes City-Base in San Antonio. The new consolidated facility at Fort Sam Houstonj is slated for completion in the springof 2011.
An additionak $367,000 contract was awarded to San Antonio-based LLC for the installation of ducts and cabling necessary to provids voice and data communicatiom tothe facility. In 2005, the Department of Defenser Base Realignment and Closurs Commission opted to realign and consolidatr a number of missions acrossthe country. San Antoniko largely benefited from this action as the government is planningv onspending $2.5 billion in the city in new constructio just through BRAC. The progran involves building and renovating as many as 78 majofr facilities totaling more than 6 million square feet of spacee at FortSam Houston, Lacklanxd Air Force Base and Randolph Air Force Base.
Construction will continue throughSeptember 2011.

Sunday, June 3, 2012

Education funding still falls short despite federal stimulus infusion - Business First of Columbus:

uqudenlid.blogspot.com
That was the sentiment of an eight-member panel of training and government experts gatheres by the South Florida Business Journal to examinwe howthe $787 billiom federal stimulus package is impactingt the region’s education and workforce training The panel marked the third in the Business Journal’sa ongoing stimulus series, aimed at tracking and analyziny the flow of money from the Americanb Recovery and Reinvestment Act into South Florida’s Legislature was the only one nationalluy to request a federal waiver that allowed it to take mone y from education and replace it with stimuluzs dollars while other states used stimulue dollars to augment the The situation concerned panelist state Sen.
Eleanor Sobel. “We are not starting at the startinv line. The school district in Broward Countyt and those throughout the state are starting behind thestartingf line,” Sobel said. “They have had problems for years and they are all Veteran educatorRobert Parks, a membedr of the Broward County School Board, “Many of the large urbann districts in the nation are afraid of one thing, whicb is basically a bait and switc h with those dollars.” What’s even more worrisome to some experts is that the stimuluw money will eventually run out. “I’m really concernesd about in three years; what’ds going to happen?
” said José Vicente, president of ’s Nortuh Campus. “This is a Band-Aid.” He said the college’s operating budgeyt was cut $22 million while the stimulue money wasonly $13 million. Parks said Broward County’sx school system has cut $1.4 billiomn from its construction budget in addition to furloughin g 700 teachers and51 administrators. “We’ve closed all of our schoolp offices forthe summer. We don’t have summer school Parks said. would have been looking at cuttingg its budget byabout $30 millioh without $12 million in stimuluxs funds, said Dorothy K.
Russell, the university’x associate VP for financial affairs and budget The university cut 30 positionsaand “had we not had the stimulus dollars it couldr have been much more severe.” Georged Hanbury, executive VP and COO of , said the $1.3 billiom in stimulus funds given to the statr relieved pressure on the Legislature to further reduce support for Florida Resident Accessd Grants (FRAG), a key source of money for but he pointed out that the grantw used to be $3,000 a year for studentse and are now $2,529. The amount is importanty to students, who find enrollment caps at statw universities and turn to NSU and otherprivatwe institutions.
He also said that universitied are working together to apply for federalpstimulus funding. NSU has a collaborative proposal with and FAU fora $50 million research building with wet business incubator space and offices for the U.S. Geological which is helping overseeEverglades restoration. “We have shovel-readuy projects we have submitted to the Governor and in the next 60 days we coulxdput 1,000 people to work,” Hanburhy said. The competition for these typesof though, is fierce. FAU is gettinvg about $12 million in direct infusiom from the federalstimulus package, but the university also is seeking moneyu from the for labs and Russell said.
April was the month to submit applicationsz and the results are expected by The strongest flowof money, so far, appearsa to be for programs that help the joblesw as the state’s unemployment rate has hit 10.2

Friday, June 1, 2012

You've got weed: Vineland men arrested after receiving 5 pounds of marijuana ... - NJ.com

guronelogoh.blogspot.com


NJ.com


You've got weed: Vineland men arrested after receiving 5 pounds of marijuana ...

NJ.com


By The News of Cumberland County Vineland Police DepartmentArturo Delgado, 28, was arrested after receiving packages of marijuana in the mail. VINELAND â€" Vineland Police Narcotics Detectives were advised by US Postal Inspectors on May 22 that Arturo ...


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