Did You Miss These? (July 12 Edition)
July 9th, 2008 by Keith Forest
A recap of the week’s equity news
“With Gas Over $4, Cities Explore Whether It’s Smart to Be Dense,” - The Wall Street Journal
Gasoline was less than $2 a gallon when Mike McKeever brought his gospel of bikes, light rail and tightly packed neighborhoods to this state synonymous with cars, freeways and suburban sprawl.
“The development industry was very concerned,” says Mr. McKeever, head of Sacramento’s regional planning agency. “The environmental community was openly negative,” concerned that it was “just more talk, talk.”
“Cutting Out the Middlemen, Shoppers Buy Slices of Farms,” - New York Times
In an environmentally conscious tweak on the typical way of getting food to the table, growing numbers of people are skipping out on grocery stores and even farmers markets and instead going right to the source by buying shares of farms.
Farm-Grown Produce On one of the farms, here about 35 miles west of Chicago, Steve Trisko was weeding beets the other day and cutting back a shade tree so baby tomatoes could get sunlight. Mr. Trisko is a retired computer consultant who owns shares in the four-acre Erehwon Farm.
“With Nudge By Kennedy, Medicare Bill Passes,” - Washington Post
Sen. Edward M. Kennedy (D-Mass.) made a dramatic return to the Capitol yesterday to help the Senate pass legislation that would rescind a sharp cut in Medicare payments to physicians.
Kennedy, who underwent surgery June 2 to remove a life-threatening brain tumor, appeared on the Senate floor at 4:15 p.m., the first time in more than seven weeks. He brought the chamber’s proceedings to a halt and prompted a standing ovation that lasted several minutes.