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46%  
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  • Appalachian Regional Healthcare furloughs 500 employees

    03/27/2020 6:09:31 PM PDT · by buckalfa · 18 replies
    Becker's Hospital Review ^ | March 27, 2020 | Alia Paavola
    Appalachian Regional Healthcare, a 13-hospital system in Lexington, Ky., will furlough about 500 employees due to a sharp reduction in business and revenue, according to the Lexington Herald Leader. Kentucky Gov. Andy Beshear ordered hospitals in the state to suspend elective procedures March 23 to preserve protective equipment and bed space for COVID-19 patients. As a result, the hospital system has seen a 30 percent decrease in business, according to the report. Appalachian Regional said its decision to temporarily reduce staff was to protect employees not involved in direct patient care from contracting the novel virus and ensure that the...
  • Textron's Bell gets Army helicopter work

    07/29/2005 4:23:04 PM PDT · by Righty_McRight · 18 replies · 472+ views
    Reuters ^ | July 29, 2005
    WASHINGTON (Reuters) - Textron's (NYSE:TXT - news) Bell Helicopter unit was chosen on Friday by the U.S. Army to build 368 new armed reconnaissance helicopters in a contract that the company valued at $2.2 billion. The new helicopters would replace the Army's OH-58D Kiowa Warrior helicopters, that were also produced by Bell. Bell beat out a rival team led by Boeing Co. (NYSE:BA - news) for the work that will start with an initial development contract worth $210.7 million. Bell offered the Army a military version of its 407 helicopter, an upgraded version of the OH-58 family that has a...