International Business News - Revenue http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Minnesota state government is facing a $5.27 billion budget deficit over the next 2 1/2 years, forcing difficult choices in the upcoming legislative session and maybe even sooner. http://www.ibtimes.com/articles/20081204/minnesota-government-faces-5-27-billion-deficit.htm Thu, 04 Dec 2008 15:49:13 EST Minnesota lawmakers are dreading Thursday's budget forecast. "It's going to be very, very bad," said Sen. Dick Cohen, the St. Paul Democrat who heads his chamber's Finance Committee. http://www.ibtimes.com/articles/20081203/minnesota-deficit-expected-to-be-very-very-bad.htm Wed, 03 Dec 2008 13:52:47 EST Kazakhstan has slashed its revenue forecast for next year by $2.5 billion amid falling world oil prices, the country's Economy Minister said Tuesday. The revision reflects an estimate for average world oil prices of $40 per barrel, down from the $50 per barrel previously used to calculate the budget, Bakhyt Sultanov told lawmakers. http://www.ibtimes.com/articles/20081125/kazakhstan-slashes-revenue-forecast-for-2009.htm Tue, 25 Nov 2008 10:11:38 EST Florida's current-year budget deficit expanded to about $2.2 billion Friday as state economists again ratcheted down their general revenue estimate because of a trio of economic shocks since their last forecast in August. http://www.ibtimes.com/articles/20081121/fla-budget-deficit-expected-to-hit-2-2-billion.htm Fri, 21 Nov 2008 16:58:40 EST The New York Times Co. said Thursday that total revenue in October fell 9.4 percent from a year ago, as the advertising slump worsened. Advertising revenue, which comprise nearly two-thirds of total revenue, fell by 16.2 percent while circulation revenue rose by 3.9 percent, with increases at The New York Times, and the New England and regional media groups. http://www.ibtimes.com/articles/20081120/new-york-times-october-revenue-falls-9-4-percent.htm Thu, 20 Nov 2008 20:14:30 EST Mississippi's casino revenues rebounded by $9 million in October from a hurricane-plagued September but are down nearly 3 percent from a year earlier amid the national economic malaise. http://www.ibtimes.com/articles/20081120/miss-casinos-rebound-in-october-from-poor-sept.htm Thu, 20 Nov 2008 12:29:30 EST Media General Inc. said Thursday that its October revenue dropped 5.8 percent as ongoing publishing ad sales declines offset increased interactive revenue and political ad sales. http://www.ibtimes.com/articles/20081120/media-general-oct-sales-falls-on-publishing-woes.htm Thu, 20 Nov 2008 09:34:04 EST Media company Journal Communications Inc. said Thursday that revenue for its publishing and broadcast segments dipped 2.8 percent in October, as publishing ad sales declines continue to weigh on the industry. http://www.ibtimes.com/articles/20081120/journal-communications-october-revenue-slips.htm Thu, 20 Nov 2008 09:02:23 EST The deeply troubled economy is sapping Washington's tax collections again, saddling newly re-elected Gov. Chris Gregoire--who pledged not to raise taxes--with a $5.1 billion budget hole. http://www.ibtimes.com/articles/20081119/washington-revenue-drops-overall-deficit-tops-5b.htm Wed, 19 Nov 2008 15:20:07 EST Oregon state government is facing an immediate $140 million shortfall that is prompting Gov. Ted Kulongoski to order across-the-board cuts in state agency spending. http://www.ibtimes.com/articles/20081119/oregon-facing-140-million-budget-shortfall.htm Wed, 19 Nov 2008 14:39:15 EST Although the nation's economy took a historic nosedive last month, Louisiana's state-licensed casinos still recorded a 5.7 percent gain in winnings from gamblers as compared with the previous October. http://www.ibtimes.com/articles/20081118/louisiana-casino-revenue-up-slightly-in-october.htm Tue, 18 Nov 2008 13:00:17 EST Any hope of a recovery in Delaware's ailing economy was dashed by new revenue estimates showing that state's fiscal hole is deepening, with no immediate sign of reaching bottom. http://www.ibtimes.com/articles/20081118/del-revenue-projections-plunge-no-bottom-seen.htm Tue, 18 Nov 2008 10:28:26 EST A new state revenue report indicates Oklahoma's economy is still holding up well as the nation's economy founders, but officials are wary of a couple of potential trouble spots. http://www.ibtimes.com/articles/20081113/oklahomas-revenue-up-but-officials-wary.htm Thu, 13 Nov 2008 10:53:55 EST A staggering economy is eating away at Illinois' state revenue, creating what could be a budget hole of $800 million or more, the Blagojevich administration warned Monday. http://www.ibtimes.com/articles/20081110/illinois-governor-predicts-800m-in-lost-revenue.htm Mon, 10 Nov 2008 17:20:10 EST An ailing economy fueled lower West Virginia Lottery revenues, as sales fell by $14 million, or 10.5 percent, from August to September. The State Lottery Commission reported Thursday that revenues were also down by $5.1 million from September 2007. http://www.ibtimes.com/articles/20081031/w-va-lottery-revenues-down-more-than-10-pct.htm Fri, 31 Oct 2008 10:21:30 EDT Gov. Linda Lingle said Thursday that state government and businesses are in for a tough 2009 because of the economic downturn that the Council on Revenues now predicts will decrease state tax revenues by another $75 million. http://www.ibtimes.com/articles/20081031/lingle-predicts-difficult-2009-for-state-business.htm Fri, 31 Oct 2008 08:25:37 EDT Hawaii will have to make even deeper budget cuts as its projected deficit increased by $75 million. The state Council on Revenues revised its forecast of general fund revenue growth Wednesday, adjusting it to negative 0.5 percent, down from 1 percent. http://www.ibtimes.com/articles/20081030/hawaii-budget-deficit-increases-by-75-million.htm Thu, 30 Oct 2008 11:24:21 EDT Hurricane Gustav depleted New Orleans' emergency fund, city finance officials said Monday, and Mayor Ray Nagin is proposing that millage, or property tax rate, be adjusted to raise more than $24 million to help replenish it. http://www.ibtimes.com/articles/20081028/millage-rate-adjustment-proposed-for-new-orleans.htm Tue, 28 Oct 2008 11:16:13 EDT Broadcasters are already seeing a drop in advertising revenue for NFL games because of the global economic crisis, league commissioner Roger Goodell said Friday. http://www.ibtimes.com/data/articleimgs/158859-britain-global-sport-summit.jpg http://www.ibtimes.com/articles/20081024/goodell-ad-revenues-dropping-for-nfl-games.htm http://www.ibtimes.com/articles/20081024/goodell-ad-revenues-dropping-for-nfl-games.htm Fri, 24 Oct 2008 09:48:19 EDT The New York Times Co. bucked an industry trend Thursday and reported September advertising revenue that didn't fall as badly as it had since June. Ad revenue at the Times' news media properties dropped 14.1 percent last month compared with September 2007. Although the fall is steeper than the 10 percent decline during the first five months of the year combined, it's better than the 15.9 percent reduction in August and the nearly 18 percent drops in both June and July. http://www.ibtimes.com/articles/20081023/september-ad-drop-at-ny-times-bucks-industry.htm Thu, 23 Oct 2008 11:17:14 EDT