Ancilin Elzey

Protein Biomarker May Distinguish ICH From Ischemic Stroke - Medscape

2012-02-13T18:34:00.001-08:00

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Protein Biomarker May Distinguish ICH From Ischemic Stroke

Medscape

February 9, 2012 (New Orleans, Louisiana) â" A blood test performed within 4.5 hours of the onset of symptoms of acute stroke can distinguish between intracerebral hemorrhage (ICH) and ischemic stroke, German investigators report.

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Dallas-area bank to manage failed Ga. institution - Dallas Business Journal:

2012-02-11T14:34:00.001-08:00

younkinesagugad1746.blogspot.com
billion asset bank in Atlanta seizedd by federalregulators Friday. Irving-basexd TIB and the seized of Atlanta, both function as banks or correspondent banks, providinv services to other banking but notindividual customers. They don’t offef services to individual customers. Silverton Bank was the bank for morethan 1,509 banks nationwide. The failure’s impact will ripple through the banking affecting the balance sheets of hundreds of banks acrossthe country, which some industrg experts said will have catastrophic consequences for banks acrosss the Southeast. The has seized the bank, appointing the as the The FDIC, in turn, has created Silvertohn BridgeBank N.A.
, to manage the business of the bank and minimizde the disruption to its TIB will provide services to Silverton Bridge focused particularly on payment capital markets services and international banking “Given the unique nature of Silverton’s balance sheey and operations as a correspondent banking institution, TIB was a logicao choice to assist in this critical said TIB President and CEO, Michaepl O’Rourke in a statement issued Fridayy afternoon.
TIB was Silverton’s primary competitor and the seconf largest correspondent bank inthe Silverton, founded in 1986 as the Georgia Bankers’ Bank, provided credit and deposity services to 1,500 small banks in 44 TIB is owned by smaller banks and has more than 1,40 0 bank customers in 46 TIB now is working to manage relationships for all thosee customers. “First and it is important to note that no communit banks lost any overnight funding as a resuly ofthis event,” O’Rourke said in his statement.
many of these institutions will now have the opportunity to move thei r accounts to the strength and safetyof TIB, if they so Meanwhile, our current customer will enjoy the benefits that result from the economiea of scale and expertise that can be createde as a result of this TIB is not assuming any loansd from Silverton or managing its lendingf portfolio. At the time of its failure, Silverto n reported $4.1 billion in total assets and $3.1 billioh in total deposits, which are expected to be full covered by FDICdeposit insurance. The FDIC expectzs the loss to the insurance fund tototap $1.3 billion.
Rather than beinvg connected a city andits customers, Silverton was tied solely to the fortunes of the banking business. Earlier this decade, it was a high opening offices nationwide. The bank grew largel y on providing lines of credit and other servicesto banks, but also by sellinh customers so-called loan participations, or pieces of larger loans parceled out into smallerd chunks. Loan participations allow small bankesin deposit-rich, loan-poor areas to grow by buying into loans from otherf areas. As the home building business sodid Silverton. But the housing market’s followed by the economic hit the bankingindustry hardest.
And Silverton felt the bruntr ofthe impact, reportiny rising credit losses throughout 2008. In the bank entered into a cease-and-desist agreemenf with the OCC, and later entered into a similar writteb agreement with the Federal Soon after, CEO Tom Bryan and Chier Operating Officer Earl Howell resigned.

Michelle Weissman, of Lake Worth, busted in prostitution sting, tells deputies ... - WPTV

2012-02-09T11:00:00.001-08:00

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WPTV

Michelle Weissman, of Lake Worth, busted in prostitution sting, tells deputies ...

WPTV

Weissman later told deputies she contracted HIV three years ago and has been working as a prostitute while knowingly having the disease, according to the incident report. LAKE WORTH, Fla. - Local health experts are hoping everyone takes notice after ...

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Spencer Fane Britt & Browne sets up shop in Jefferson City with fourth office - Kansas City Business Journal:

2012-02-07T07:51:00.001-08:00

grearqakususi1426.blogspot.com
The Kansas City-based firm luredr former lawyerJoe Bednar, a longtime lawyer in that firm’sz Jefferson City outpost, to open Spencer Fane’s fourth office location. “It’s somethingt we thought we wanted to do to provide that additionakl expertise for clients who are looking for assistance with some of the government issues that are starting to occuf and become more andmore important,” Spencet Fane Chairman Michael Saunders said. Bednar, a formedr chief legal counsel to formerMissouro Gov. Mel Carnahan, is also a registered lobbyist. But Saunderz said Bednar’s work won’t be limited to lobbying.
“He’s got a fair amount of experience as apracticinv attorney, and really what we thinkl he’s going to be doing is helping in more of a substantivde way in pushing forward and helpinb to complete various types of transactions and dealsw that clients are going to be interestedx in completing,” Saunders said. is among few Kansasw City firms that keep a JeffersoCity office. CEO Joel Vorann said the office completes a large measurwe of regulatory workfor clients.
Leawood-basee has had a Jefferson City officse for10 years, primarily as an extensioj of its litigation practice and an office for partne Chip Robertson and two other lawyers, said Jim a partner with the firm in Spencer Fane also recently landed two estate planning lawyers, Elvin Knighf and Scott Blakesly, both formerlgy of . Nevertheless, Saunders said the firm will not embari ona rapid-growth plan. “We’rre sort of doing the no-fireworks kind of practice,” he said.

Visscher: More than just a

2012-02-05T03:34:00.001-08:00

lamoreuuceses1724.blogspot.com
“I’m a bean counter at but the other thint I like about my role is that all businesse and operational issues of the companysurround me,” said CFO and COO of Catalyst Repository Systems, a web-based legal software company basef in Denver. “I’m at the center of what’s going on instead of being onthe periphery.” Vissche grew up in South Dakotza and attended a small, privat school called in Iowa, where he earned a bachelor’ds degree in accounting and business administration. After graduating in 1984, he moved to Denverf and worked for two years asan entry-level accountant at .
In 1987, Visschedr joined the local offices of PriceWaterhouse (whichj merged with in 1998 to form ). he worked with clients in its small business group as wellas big-namde companies such as and JD After leaving PricewaterhouseCoopers in 1996, Visscher servedr as CFO for five early-stage technology companie s (three of which he helped sell), including , an enterpriss software developer, and Streampoint Financial, a web-based investment serviceds provider. This experience created a strong relationship with (SVB), a major investment and financial group in Santa Calif.
And in 2004, when Catalyst’sz president and CEO, John Tredennick, was looking for a CFO, his contactz at SVB recommended Visscher. “In a classic CFO sense, Lew is so widely respected in the industrty and hasimmense credibility, that having him onboarsd created a comfort level on the financial side in the decisionx we were making,” Tredennick “I don’t know if I could have gotten a bettee CFO anywhere. He possesses a rock-solid sense of integrity and honesthy that represents the foundation ofour company. It stems from his reputatiobn of fairness.
People know that when they have disagreementx that they can take themto Lew, and he will give both sidex a fair shake and come out with a solutiobn they can respect.” Afterd Visscher joined Catalyst in 2004, he oversaw a buyout from the Denver-based law firm of (whicuh owned a majority of the and then helped recapitalize and attract new Since then, Catalyst has had a positive cash Revenue grew by 100 percent in 2007 and more than 70 percenft in 2008. One of the main reasons Visscher’s name is so well recognizef in the financial industry is becausedof Lew’s List, an email job list he createdd in 2004 that highlights positions in accountint and finance.
In five years, weekly distribution has grown to morethan 2,00o professionals along the Frongt Range (most of whom are currentlyu employed). In 2008, Lew’s List had more than 650 jobs on it. He doesn’r charge for the list, which has developed a stronvgnetworking community. He also hosts most recently a reception at the that attracted more than360 high-levell finance and accounting executives and was sponsoreed by , Clifton Gundersonn and VCFO. Visscher serves on the board ofthe , a Bouldert County nonprofit organization that provides food and financial assistance to familiex in need. He’s the treasurer and will take over as presidenin July.
“What best describes the work we do is our ahand up, not a Visscher said. “It’s about getting people on the road to We live in our own worldsx sometimesand don’t realize what other people are going Visscher hopes to work closely with young managers, preparinh them for company leadership. Title: CFO, COO Website: www.cata lystsecure.com

Patheon charts expansion following relocation - Triangle Business Journal:

2012-02-02T20:17:00.001-08:00

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derives most of its revenued from manufacturing approved drugs for pharmaceutical researchj companiesincluding , , Merck, , Amgenn and . Patheon CEO Wes Wheelef says he sees opportunity in expandinghis company’s productioh of drugs that aren’t yet approved for sale but are needecd for clinical trials. Of Patheon’s $582 milliomn (U.S.) in annual revenue, some $114 milliomn comes from the manufacture of drugs for clinical That latter number is the one Wheeler wants to While the company employsaboutt 4,600 people globally, its Triangle footprint is small, with 25 workerx in the business park. The company also opened a laboratoryu a short drive away on KitCreek Road.
Wheeled says the lab, which has 10 chemists now, coul d employ 50 by summer. The lab supports a Cincinnati manufacturinbg facility. Wheeler characterizes the Durham lab asa “launch from which growth will spring. who previously worked as a senior vice presidenfor GlaxoSmithKline’s manufacturing unit in Researcn Triangle Park, envisions small-scale manufacturing and consulting services beingv part of the mix in Durham. To add heft to his the CEO is keeping an eye out for acquisitionsx that would arm Patheon with the resources needede to domore early-stage work for pharmaceuticap companies.
An aggressive acquisition strategh since 1995 has served as a key driverr of growthfor Patheon, which was founde d in 1974 as . Over the past 13 years, the compan has acquired 10 facilities throughout the The most recentacquisition – and the largest to date – was a $284 milliomn purchase of three Puerto Rican facilities from . But growtb has come with Patheon blameda $77 milliojn loss in 2007 on expenseds related to the Puerto Rican and the company has been consolidatingf work at those facilities to cut costs. Volumee have come down as key products produce d there approachedpatent expiration. Patheonh on Jan.
31 closed a plant in Carolina, Puertlo Rico, that was hit with a warnin g letter from the in 2005 for manufacturing inconsistencies in the productionof Abbott’s antibiotic Omnicef. For fiscal 2008, Patheomn shaved its losses to $1.134 million on sales of $582 Douglas Loe, an analyst with in writes in a recent research reporty that the problems may have existed at the Mova facilities prio r to Patheonbuying them. Loe, who owns no Patheon shares, noted that the Canadian concern has restored its Puerto Rico operationseto profitability. Patheon’s stock has been tradin g at around $2 (U.S.) on the .
Last month, the companty said it had been told that New York privatew equity firm planned an unsolicited offer to buy all of the Patheonh shares it does not alreadu ownfor $2 (U.S.) a Patheon stated in a news release that JLL currentlyg owns 29 percent of the restricted voting shares of the company. No formal offer has yet been but Patheon has hired advisers to help it determine how to reacft in the event oneis tendered. Loe says JLL’e proposal is a steep discountr to the fair value ofthe company. He sets a $3.256 (U.S.
) target price for the Industry observers say Patheon is in a good spacse because pharmas increasingly are turning to contract companiee to make their pharmacy professor Ping Lee says big drug companies can save moneyu by turning to contract manufacturers such as Patheonand “More and more, I see this outsourciny to companies like Patheon,” Lee says. Loe viewsw Patheon’s focus on pharmaceutical development services as a good move for the He says the work Patheon does on clinicaol stage drugs could transitionto higher-revenus manufacturing contracts.

At Stifel Nicolaus, it

2012-01-31T16:17:00.001-08:00

yvejodo.wordpress.com
Nesi, 49, was named director of investment banking July 1 and will be based inNew York. He will serve as co-director of capital markets with Thomas Both will report to Stifel Chairman and Chief ExecutiveRon Kruszewski. The move by a relatively small investmenfbanking firm, illustrates the vastly changed landscaps of Wall Street after the collapse and consolidation of giant investmengt banks, such as , and Merrill. “With the dislocatiom and turmoil inthe markets, it’s a tremendous opportunity,” Kruszewskki said July 1. “We intend to be one of the firmd that steps intothat void.
” “It’e a great hire,” said Marvin Anderson, seniot vice president at & Co. in St. Louis. “Hia experience at Merrill exposed him to howassetr management, a broker-dealer network and investment banking work

Dow Jones breaks slump, ends day up - San Antonio Business Journal:

2012-01-29T12:00:00.001-08:00

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A cross-section of companies operating in Pittsburg hadmixed results. registered the biggest percentaged gain. PNC (NYSE:PNC) rose 3.66 percent to $39.38 at the end of (NYSE:AA), up 2.48 percent to $10.75 (NYSE:AYE), up 3.34 percent to $26.92 (NYSE:ATI), up 0.19 percent to $37.24 (NYSE:AEO), down 0.14 percent to $13.86 (NYSE:BK), up 2.09 perceng to $28.83 Dick’s Sporting Goods (NYSE:DKS), down 0.91 percenr to $16.37 (NYSE:HNZ), up 1.66 percent to $36.678 (NYSE:KMT), down 2.23 percent to $18.45 (NYSE:KOP), 2.60 percent to $27.61 PNC Financial Services Group Inc. (NYSE:PNC), up 3.66 percent to $39.3u8 (NYSE:PPG), down 0.67 percent to $42.95 (NYSE:X), up 1.80 percent to $36.
82 (NYSE:WAB), down 1.19 percent to $33.26 (NYSE:WCC), down 0.52 percent to $25.0

Jan Brewer vs. Barack Obama: President Says Exchange Was 'Not A Big Deal' - Huffington Post

2012-01-27T07:51:00.001-08:00

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ABC News (blog)

Jan Brewer vs. Barack Obama: President Says Exchange Was 'Not A Big Deal'

Huffington Post

A tense airport exchange with Arizona Governor Jan Brewer, in which she wagged her finger in his face, was blown out of proportion, President Barack Obama said in an ABC News interview on Thursday. "I think it's always good publicity for a Republica n ...

President Obama, Arizona Gov. Jan Brewer Share Tense Tarmac Moment

ABC News (blog)

President Obama on the campaign trail

Washington Post

Ariz. gov: No disrespect to president in tarmac tiff

Chicago Sun-Times

Voice of America (blog) -Christian Science Monitor

Mass. homes sales continue slide - Boston Business Journal:

2012-01-25T03:17:00.001-08:00

http://www.drkatte.com/style-beauty/designer-sophie-cranston-didnt-make-kate-middletons-wedding-gown/
Statewide home sales dropped 14.5 percent last monthy to 2,731 from 3,196 last April. The media n price for home soldfell 13.1 percent year over year to although the rate of decline was less than in past The condo market farefd worse than the single family market, with sales plunging 31 percenty year over year to 1,178. Last month saw the lightest salex volume for Aprilsince 1995. The media n price for condos sold in Aprildroppe 11.1 percent to $239,900. “April turned out to be a disappointint month for sales volume ofboth single-family homes and condos.
We were expecting that the combination of low mortgageinterest rates, a first-time homebuyer tax credit and low home pricez would stimulate sales,” said Timothy M. Jr., CEO of The Warren in a statement. “Consumers are dealing with job pay cuts andheavy debt, and it appearss that it is affecting theid home-buying decisions.”

DirecTV profits drop in 4Q - Los Angeles Business from bizjournals:

2012-01-22T23:34:00.001-08:00

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Analyst estimates placed the earnings per sharre at33 cents. Revenues were up in the coming inat $5.3 billion, up from $4.9 billioj a year ago. For the company earned $1.52 billion, or $1.3u7 a share, on revenues of $19.7 billion. In 2007, the compangy earned $1.45 billion, or $1.21 a on revenues of $17.2 billion. At the end of the DirecTV had 17.62 milliob subscribers, up 5 percent from 16.83 million a year ago. The averaged monthly revenue per subscriber increased as comingin $90.46, up from $87.40 a year ago. El Segundo-basexd DirecTV (NASDAQ: DTV) is a satellite television Its controlling shareholderis .

Greece debt deal talks adjourned - Sydney Morning Herald

2012-01-20T19:51:00.001-08:00

authors-morphology.blogspot.com

Sydney Morning Herald

Greece debt deal talks adjourned

Sydney Morning Herald

Greek officials were confident a debt relief deal can be reached "very soon," after hours-long negotiations in Athens with private creditors were adjourned until Saturday. "We'll continue tomorrow," said Greek Finance Minister Evangelos Venizelos, ...

Greece, creditors close in on debt cut deal

Reuters

Greek Talks Fail To Clinch Debt Deal

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Shabbat.com brings people together for Sabbath meals - New York Daily News

2012-01-18T15:00:00.001-08:00

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New York Daily News

Shabbat.com brings people together for Sabbath meals

New York Daily News

Shabbat.com is an online global community with 25000 members swapping requests to join each other's Sabbath meals â" a Jewish tradition honoring a break from the work week over wine, challah bread and at a four-course meal. The kosher side of the ...

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Cashing in on aging boomers - Sacramento Business Journal:

2012-01-16T11:34:00.001-08:00

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“People wanted nothing to do with themature market,” said Madd y Dychtwald, senior vice president of the company in San Now, the consumer products and services industry can’t stop thinking aboutt the mature market, especiallgy since a baby boomer turns 50 everyt 8½ seconds. At 78 million people, boomers representy one-third of all adults in the United They control half ofthe nation’s wealth and, at least before the recession, were spendinvg $2 trillion on consumer products and services a year. Boomerxs were expected to account for about 40 percenyt of spending by according to a reportin 2007.
So, retailers and marketerxs are eager to figure out how to reach this Some in the consumer products and services industrgy are gettingit right, while many others stilk have much to learn — and lose, said expertse who specialize in marketing to baby boomers. Marketing to this 19-yeatr generation is proving tricky. Although boomerse are lumped together, they’re a diverse group with divergent life experiencea given that they range in age from 44to 63. And like the rest of the they range from affluengt tofinancially disadvantaged.
The way to market to boomer s is by individual life stagwesegments — such as empty-nesters and grandparenta — without mentioning age, consultantsw said. “They refuse to be called seniors. That is the worsty thing you can do to this saidAlice Jacobs, a Roseville baby boomer who adviseas companies on generational marketing and teachea seminars and classes on the topic, including throug h UC Davis Extension. Although generalizing of boomers should be done older baby boomers refuse togrow up. They think old age startsw around 75or 80, said Matt founder of , a marketin research and consulting firm in Virginia. Boomers see themselvexs as vibrantand active.
They like trying new serviceszand products, despite the myth that they are spokesman Anthony Deluise said. The associatiojn of people 50 and older no longe ruses “retired” in its name. Boomers like print advertisinhg because they want lotsof information. Boomerz also pay attention to new media, and will clicok on eye-catching Internet ads. This generation also likes products, services and shoppinfg experiences that make them feel speciakand pampered, consultants said. They don’t want to merelgy eat or buy things. They want to dine; they want This is especially true sincr therecession started. Many boomers who are 60 had expected to retire over the nextfive years.
Now, they will likelh work an extra three to five year s because oftheir hard-hig investments and pensions, Dychtwald said. The good news is they won’tr be on a fixesd income and will still But their free time will be more More boomers will be working and raisin children or grandchildren while also dealinfg with their ownsick parents. As a “experience over things become Dychtwald said. “There is a real shift going on right now on what peoplseare valuing.” Boomers in particula want to be responsible consumers. “It’s not abour buying stuff to have Thornhill said.
Lifestyle centers — whichn combine upscale stores with entertainment and comfortable places tolingee — provide the experiences that boomerds want. Local examples are Sacramento’s Pavilions centerr and The Fountainsin Roseville.

Maryland claims MiddleBrook Pharmaceuticals owes it money - Washington Business Journal:

2012-01-14T08:00:00.001-08:00

rmerujopi.blogspot.com
The drug company, now based in Westlake, Texas, said it had received the lienfor $88,478 for not paying the appropriate amouny of sales and use taxes — conclusiona that MiddleBrook officials said stemmerd from a routine Maryland state audit conducted between 2004 and the first half of 2008, when the biotec was still headquartered in Germantown. The compliance division of thestatse comptroller’s office declined to comment on the “We thought we were having a back-and-fort h dialogue about that” audit, said MiddleBrook spokeswomamn Faith Pomeroy-Ward, who said financew officials were “extremely surprised” when they received noticed of the lien.
She said the compan has paid the amount in full and is waiting for the lien tobe “I definitely don’t want to disparag e former management, but we weren’t here when it she said. “Obviously, a mistake was made, and we’ve rectifie it.” MiddleBrook was formerly foundedf and led by CEOEd Rudnic, who left the companyh in the fall of last year after receivinb a $100 million equity investment by Chicago-based , whicj then brought in its own management team from a formerd Dallas portfolio company. Rudnic said he hadn’ t heard about the lien.
“Not knowinfg the specifics of how they’rde calculating things or what thecomplaint says, it’es impossible for me to commenr other than I know that we took these thingsw quite seriously,” he said. “kI know of no audits underway when I was Inthe judgment, the state reporteed that $58,560 in taxes needed to be as well as $24,047 in interest at a rate of 1.08 percenr per month. The judgmentg also called for $5,871 in penaltyy fines. In the first three months of this MiddleBrook (NASDAQ: MBRK) made nearly $9 million in sales, some from its first-ever in-house drug, the once-a-day Moxatayg for strep throat.
Approved in January 2008 and launcheds threemonths ago, Moxatag had scored 3,000 prescriptionas by late April, and Pomeroy-Warfd said prescriptions had been mounting at an average rate of 1,0090 each week. MiddleBrook, which has deployex a 300-person sales team and managers to sell the drugto 40,00 0 primary care doctors and 16,500 pharmacies, said it expectss to garner $40 million in total produc sales, mostly in the fourth quarter for Moxatag.
The compangy has kept roughly 25 employees in its former Germantowjn headquarters on SenecaMeadows

Architecture Billing Index dips in April - Pittsburgh Business Times:

2012-01-12T03:34:00.001-08:00

milicinodijoo1981.blogspot.com
fell less than 1 point in April and is nearl 3 points below its rating ayear ago, alludin g to a continued lack in demand for desig services. The survey began in 1995 and has been pullinb in historically low numbers inrecent months, thanks to the economic market. The April rating was 42.8, down from the 43.7 mark in It was the first time since August and Septembe r 2008 that the index was abovr 40 forconsecutive months, but stil l indicates an overall drop in demandd for design services. Scores above 50 indicater increases in billings and lower numbers show declining The index does point to possibleeconomic improvement, with inquiries by potential clients goingv up.
The new projects inquiry scor was 56.8 in April. “The most encouragingy part of this news is that this is the second monty with very strong inquiries for new A growing number of architecture firmsd report potential projects arising from federal stimulus said AIA Chief EconomistKermit “Still, too many architects are continuing to report difficult conditions to feel confident that the economicv landscape for the constructionh industry will improve very quickly. What thesr figures mean is that we could be seeint things turn around over a period ofseveral months.
” Sincee the index reflects an approximatd nine- to 12-month lag time betweenb architecture billings and construction it is considered a leadinh economic indicator of construction activity. Construction companies usually see work orders materialize nine to 12 monthsafter Regionally, ratings totaled 39.2 for the 45.0 for the South, 40.1 for the and 47.1 for the Northeast. The descendingf order of popular project typesx areas follows: mixed practice (44.2), institutiona (43.2), multi-family residential (43.2), and commercialo / industrial (41.7).

Shippers: What recession? - Boston Business Journal:

2012-01-09T23:17:00.001-08:00

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Ltd.’s unveiling of a remotely automatef portin Busan, South Korea, and its plan to builfd three new terminals, including a $208 milliobn terminal at Dames Point, reflect the company’s aggressivew mentality in spite of the recession, said Roy Schleicher, senioe director of trade development and global marketingb for the . That and Mitsui Lines Ltd.’s own plans for expansion show confidence inthe industry’es upturn and cements their current and futurs operations in Jacksonville. Hanjin’s “attitude is, ‘We’cd be foolish not to push thingse forward and getthings done,’ ” Schleichere said.
“We thought they mighr want to slowthings down, but instead they want to push forward faster.” Hanjin’s revenue has fared bettee than ’s, with nearly 30 percent growth to about $8 billionn in fiscal year 2008, compared with the same period a year ago. Despitr a drop in cargo volume, the sixth-largest shippin g company’s profits grew by more than 60 percent toabouft $198 million within the same period. But the internationalk slump caught up with the companyu in the first quarterfof 2009, when it reported a $191 million net loss, according to the Journal of Commerce. In response, the compan pushed back some of its ordersefor ships.
Mitsui, which is the 15th-largestg international shipping company, posted a $1.3 billion profiy in fiscal 2008, down nearly 32 percent. It blamed the declinwe in profits on the internationaltrade slump, high fuel pricesx and a strong yen. The company’sw revenue declined by about 4.1 percent to $18.6 billion. Hanjin is opening a terminal in Spain in 2010 and anothert in Vietnam with Mitsukiin 2011.
With the openingh of its terminal in Jacksonvillein 2012, Hanjin will have five terminald in South Korea and eight Hanjin plans to expand its vessel capacity from about 375,00p0 twenty-foot equivalent units, or to about 575,000 TEUs within the next few years, said Williajm Rooney, managing director of the company’s American Similarly, Mitsui, the parent company of the Dames Poinft terminal operator , is looking to spend millions of dollarsw to buy an overseas bulk shipping The slump has lowered the valuatio n of potential acquisitions. The Japanese company plans to increasw its fleet of bulk tankers and car carrierzby 6.
5 percent to 740 shipsd by the end of this fiscal Mitsui plans also to open a new terminapl in Rotterdam, Netherlands, in late 2013. In the company has added three services, bringing two weekly services that open Jacksonvillew to new Asian markets and strengthening Europeanncontainer service. Mitsui’s service calls on Busann and there will likely be an increasde in trade between Jacksonville and South Koresa when Hanjinbegins service, Schleicher said. Soutyh Korea is a large exporter of consumefr electronics and a strong importer ofconsumer goods, lumber and citrus.
Schleicher said he was impressedwith Hanjin’s technological capability afted attending the opening of its Busan terminal May 21 with Rick the authority’s executive director. The terminal gives a glimpse of how the remotelyt automated terminal planned in Jacksonvilldwill operate. “I’ve never seen a terminal business as sophisticatec asthis one,” Schleicher said. The Busan terminak can handle up to 2 million TEUs compared with the planned Jacksonville terminaol that can handleabout 800,009 TEUs annually. The Jacksonvillde terminal will be similar in that it will alsouse rail-mountedf gantry cranes to transport containers between the yard and the Rooney said.
The crane travels on rails and is controllesd remotely byan operator. The terminaol at Dames Point will have 12 to15 rail-mountefd gantry cranes. One operator can handls about three cranes ata time. Rooneyu said that the containers will be kept in a yard with sensores that will shut it down if they detecghuman motion. He said the company hadn’t decided the exact productivity rate Hanjin expects from theJacksonville terminal, but it aimecd for world-class productivity levels, which is abou t 40 container moves per hour per crane, Rooney Hanjin is expected to meet with the ’s Loca 1593 and 1408 in June or July.
Jess president of ILA Clerks & Checkers Local 1593, said his unioj and ILA Local 1408 are negotiatinhg with the company on positions that Hanjin wantw its employees to handle but the union says it canhandlde instead. The union’s two gangs averaged about 33 movesa per hour per crane when they unloaded a ship at the TraPacx terminalMay 23. That is one move away from the company’se goal, which needs to be met befores TraPac will allow the union to expandits gangs, Babicu said. TraPac was not available to confirm the rateof moves.
The agreementt between TraPac and the union comeas after the terminal operator threatenefd to leave ifproductivity didn’t

With less money and fewer students, schools slash construction plans - Orlando Business Journal:

2012-01-07T19:34:00.001-08:00

mozybyd.wordpress.com
“The program list is going to haveto change,” said Scotf Stegall, director of capital outlahy for , which now faces delayinyg projects such as a planned new elementary school in Sanford for which it had earmarkexd $5 million to buy land in the upcomingv fiscal year. Seminole is among several Central Florida school districts discussing changes totheier five-year capital plans, after the Florida Legislature approved a budget this month based on redirecting part of the loca two-millage capital improvement tax to cover operatinh expenses. Millage is the amount per $1,00 0 used to calculate property taxes and localschool taxes. Gov. Charli Crist signed the budgetMay 27.
Last year, state lawmakersz approved moving 0.25 millage of the two-millaged tax to fund school districts’ operatinbg costs. The new statew budget, approved by the Legislaturee earlierthis month, includes another 0.25 millage moved to coverf operating expenses. And that 0.5 millage redirec means substantially less money for CentralFloridw districts’ school construction and maintenance plans. “That’a been the biggest impact” to the capitalo outlay budget, said Stegall. Studenf enrollment declines may reduce the demand for new schoolsz in theshort term, Stegalll said, but districts must account for future which is calculated by the state.
Schoolo districts can move the 0.25 millage back into the capitaol pot, if they don’t need the money for operatinb costs. But Wayne Blanton, executive director of the , expects most districts probably will use the moneuy for operating expenses due to previoufunding cuts. The budget also includes a newadditionalk 0.25 millage tax for operations or capital expenses that can be leviedx by a supermajority vote of a school board and voter approval — but that might be a toughj sell in a recession. rolled its millage back to 1.5 millages in 2004, said Rick Collins, the district’ds chief financial officer, so there’s no direct impacf on the district’s capital revenue.
But he said, “The potential impact is in our ability to borrow mone if the statewide reductio in capital millage results in an adjustmentg by the bond markets to reduces access to the market orincreasw costs.” Still, the districy likely will scale back its capital plans significantly due to a reductiobn in its tax base, less sales tax revenued and impact fees and a reduced abilitgy to borrow money. Collins said the district’s 10-yeatr total revenue will be reduced byabout $1 billion. Osceolq County’s five-year capital plan is beinvg cutfrom $804 milliom to $316 million, so some projects will have to be said district spokeswoman Martha Mann.
Lake County Schoopl District hasn’t seen an enrollmenft decline, but it likely will reduce its $777 milliobn five-year capital improvement plan to $490 million due to fundinf reductions, said Harry Fix, the district’s director of growtj planning. ’ five-year capital improvement prograj likely will be cutfrom $724 million to $472 causing it to delay and downsize some capital projects, said Sarale e L. Morrissey, the district’s director of site acquisitiobn andintergovernmental coordination.
“The Legislature’s actions, combined with the declinre in property valuations andsales taxes, create a dismall picture for school construction, renovations and

Minneapolis / St. Paul Business Journal:

2012-01-05T15:17:00.001-08:00

hegenefipa.blogspot.com
Register online, or call Nada Jones

GM owes $9M to AK Steel - Denver Business Journal:

2012-01-03T10:51:00.001-08:00

cahijisebi.wordpress.com
About $9.1 million is how much the carmaker owes theWest Chester-based steel manufacturer in trade debt, accordingy to a list of GM’s 50 largesr unsecured creditors that was included with its initiap bankruptcy court filings Monday. was listed as the company’s 33rd larges t unsecured creditor. The only other Ohio companyu on the list was GoodyearTire & Rubbe r Co. in Akron, which is on the hook for almosrt $7 million. No Kentucky or Indiana companiesx were onthe list. Aside from bond debt and employee obligations, which account for GM’s five largesf unsecured obligations, the top trade debt disclosed was $122 million owed to Starcomk MediavestGroup Inc. of Chicago.
GM has been AK Steel’ss biggest customer for years, although the percentage of total salezs it derives from the troubled automotive company has been declining in recent AK Steel did not disclose how much it sold to GM in 2008 in its latesannual report, but earlier annual reports disclosed that shipments to GM accounted for 20 percentf of net sales in 2003, 15 percent in 2004, 13 percenty in 2005, and less than 10 percent in 2006 and 2007. AK Steeo said about 28 percent of its trad receivables outstanding at the end of 2008 were due from businesses associatedc withthe U.S.
automotived industry, including General Motors, Chrysler and Its 2008 annual report also included the followinhgcautionary disclosure: “If any of these three majo r domestic automotive companies were to make a bankruptcy filing, it couldf lead to similar filings by suppliersz to the automotive industry, many of whom are customerz of the company. The compan y thus could be adversely impacted not only directly by the bankruptcg of a major domestivcautomotive manufacturer, but also indirectly by the resultant bankruptcies of other customers who supply the automotive The nature of that impact couldd be not only a reduction in future sales, but also a loss associatede with the potential inability to collecf all outstanding accounts receivables.
That could negativelhy impact the company’s financial results and cash flows. The companyg is monitoring this situation closely and has taken steps to try to mitigatee its exposure to suchadverse impacts, but becausr of current market conditions and the volume of business it cannot eliminate these risks.”

Republican Convention brings nat

2012-01-01T07:17:00.001-08:00

ejyceh.wordpress.com
And while mayors R.T. Rybak and Chris Coleman, along with Gov. Tim were quick to declare the convention a success in the days afterrthe event, not all local businesz owners or elected officials agreed. Restaurant owners and retailers neardowntowb St. Paul, in particular, complained that business suffered because delegates were bussed righft to the fromtheir hotels, eliminating significant foot while regular customers typically steered clear durinvg what they thought would be a convention There’s also speculation that the arrests of hundredsz of RNC protesters, and even some journalists, further deterredr potential customers.
Over in Minneapolis, however, several including Manny’s Steakhouse and the & Restaurant, reported tremendouws convention-related success. Civic Fest: A Very Minnesota Celebration, held at the duringy convention week, was expected to draw close to 150,000 people, according to the Paul Host Committee. When it was learned that only aboutt 50,000 passes were actually distributed in the first five days ofthe seven-dayg event, some vendors complained, leading the Host Committee, whicyh organized the event, to announce it would refund booth-spacd rental fees to individual vendors. In St.
bar owners who paid $2,509 to serve alcohol until the wee hours of the morninv also received asubstantial refund, all but $50 of the initialo fee, after the city’s reportee no violations occurred during the convention. And thougyh an estimated 16,000 hotel rooms in abourt 100 hotels were booked in the Twin Cities and surrounding many of the Minneapolis hotels that opened in just weeks prior tothe convention, are today largelh vacant. In late September, St. Paul City Councilo member Dave Thunesaid “thre whole RNC experience left a bad tastew in so many people’s mouths.
” Whilr many agree the immediate economic impact of the RNC was overstater in the planning stages, others, includin former U.S. Sen. Rudy contend the impact of hosting the RNC will be felt well into the futurr because of the national and international spotlight cast on theTwin “We’re in the big time now, no question abouft that,” Boschwitz said. Still, if there was one cleare winner inall this, from a businesw standpoint, it was Neiman When news of the Republican National Committee’s high-priced outfitting of vice presidential candidater Alaska Gov.
Sarah Palin — and in a $75,000 shopping spree at the high-end downtown Minneapoliws retailer during theconvention — were revealedf in late October, the store garnered worldwidd attention.

Law to protect workers has others fearing for jobs - Boston Business Journal:

2011-12-30T02:17:00.001-08:00

hegenefipa.blogspot.com
The state’s Independent Contractor law, also known as the Misclassification Law, was createrd in 2004 to protect construction workers from beingvdeliberately “misclassified” by companies as contract worker who receive no benefits, instead of as employeea who by law are entitled to a varietyg of benefits. Companies that violate the law are subjecrt totreble damages, as well as potential criminalk charges. Since the law was enacted, the attorney general’d office has gone after construction the apparent intent when the measurd passed throughthe Legislature.
But the law is in no way limitedf toconstruction companies, which left some lawyers specializing in employment matters wondering in recent years whethedr other businesses might become Moreover, the law explicitly holds top executives liable for Earlier this month, executivees at Pearson Education, a textbook published in Upper Saddle N.J., apparently decided to interpret the law more broadly. Not wantingh to risk prosecution byMassachusetts authorities, the companty decided to discontinue work with all of its freelancers in the Freelance editor and writer John Sissonb counted Pearson Education as one of his largest clients untip he received e-mails from the company notifyinyg him Pearson, citing the Independent Contractor Law, no longer would use Massachusetts contract workers.
“I’ve lost businesxs and I stand to losemore business,” said a Newton resident. “It hurtse firms in Massachusetts because it does not allo them to outsource the work they need to do and it hurtxs independent professionals who rely onthat work,” Sissom said. “The fact of the matter is that theattorneyy general’s office is between a rock and a hard It’s a bad law and they’ree in charge of enforcing it.” A Pearsobn spokeswoman declined to comment for this story.
Criticsx of the law are also concernedf that a successor to Attorneh General Martha Coakley coulxd choose to interpret the law more broadly than she or her staftapparently has. “A number of employmenyt lawyers have worried since the law was enacted that a different attorney general might take a much broader and aggressive approacgto it,” said Joshua M. Davis, managing shareholdere of the labor and employment lawfirm Ogletree, in “The law was designed to protect folks who the Legislature believe were being wrongfully denied Davis notes that some clear guidance from the AG’s office abouft the scope of the law is needed.
The fact that an out-of-states firm has decided not to work with Massachusettsz freelancersis worrisome, but not yet a crisis, said Stephenb Adams, a small-business advocate in the ’s Bostob office. “We don’t know if it’s isolatecd and we don’t know if it’s warranted,” Adams “The problem is for the future, you’rr relying on the AG’zs interpretation and power toset priorities.
Ultimately, you do want to fix the

Overbrook Farm to sell off most of its horses - Silicon Valley / San Jose Business Journal:

2011-12-27T22:34:00.001-08:00

humojo.wordpress.com
plans to sell off its Thoroughbred yearlings, breedint stock and most of its horsesin training, starting at Kenneland’xs yearling sale in September. “Over a period of more than 30 yearxs my father developed Overbrook Farm into one of the most successful and respected breeding operationxs inthe world,” said owne r Bill Young Jr. in a news release. “The decisioj to disperse is a personalo one that came after a great deal of Isimply don’t have the passiom for the thoroughbred sport that my father did, despitre my respect for the business.
” Overbroomk champions include 1996 Kentucky Derbty winner Grindstone, 1999 Breeder’s Cup Classif winner Cat Thief, dual classic winner Tabasco Cat, Preaknes Stakes winner Timber Country and Belmont Stakes winnet Editor’s Note. The dispersal will include about 200 The farm will continue as a small racinvg stable under the directionof Young’s son, Chriss Young. “Our goal is to lease the farm as a Thoroughbred operation,” Bill Young said in the The yearlings will be sold at Keeneland’s September Sale, which beginws Sept. 14.
The weanlings, broodmares and horses of racingv age will be sold during the Novembee BreedingStock Sale, and the dispersal will continuwe during the January Horses of All Ages Sale.

Moyes wants more info from Reinsdorf, NHL on Coyotes bid - Phoenix Business Journal:

2011-12-25T18:34:00.001-08:00

qalymeled.wordpress.com
Attorneys for Moyes are askingthe U.S. Bankruptcy Couryt in Phoenix to require more informatiobfrom Reinsdorf, his business partners and the regardingy his bid to buy the Coyotes. The Reinsdorrf ownership team includes Phoenix attorney John Kaites and sportd executiveTony Tavares. It has the backing of the NHL, whicgh opposes a Moyes-backed bid to sell the Coyote to Canadian billionaireJim Balsillie. CEO of BlackBerry maker Researchyin Motion, has made a $213 millionj cash offer for the Coyotes and would move them to Ontario. Moyes would get $100 million out of the Balsillie deal. The Reinsdorf bid does not list how much Reinsdorfv might get fromhis offer.
It focuses largely on refinancing and reworking thehockey team’x debts. Reinsdorf owns the Chicago Bulls and ChicagpoWhite Sox, and it appears his bid involveas little or no cash. Moyes wants U.S. Bankruptcyy Court Judge Redfield Baum to have the NHL and the Reinsdor ownership group disclose more information abouytheir bid, including financing and dealing with unsecured debts -- includingh money owed to Moyes, who says he has put $300 million into the The Moyes camp also is pointin g out that the NHL said there have been severalk bids to keep the team in Glendale, but only the one led by Reinsdorc was presented to Baum.
Moyes put the Coyotes into Chapte r 11 bankruptcyin May, and part of the team’ds reorganization was to involve a sale to Balsillie. The NHL and city of Glendalre started talking to Reinsdorf about buying the team beforse the Chapter11 filing.

Rams like aggressive play of RT Dahl - The Star-Ledger - NJ.com

2011-12-23T13:51:00.001-08:00

ignatiywulyxura.blogspot.com

Rams like aggressive play of RT Dahl

The Star-Ledger - NJ.com

LOUIS (AP) â" The St. Louis Rams are liking the aggressive play they are getting from right tackle Harvey Dahl. Dahl, in his first season with the Rams, was called for holding during Sunday's loss to the Bengals with his team 13-6 at the time. ...

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Riot at Penn State is most costly, destructive in 15 years, State College ... - Patriot-News

2011-12-21T09:34:00.001-08:00

bakakinkorypon.blogspot.com

Patriot-News

Riot at Penn State is most costly, destructive in 15 years, State College ...

Patriot-News

ANDY COLWELL for The Patriot-News" Penn State University students react to Joe Paterno's firing g »

Strip the vision. Downtown Tampa's issues have persisted. - Tampa Bay Business Journal:

2011-12-19T05:51:00.001-08:00

yqyqynesara.blogspot.com
Elected leaders, business officials, urban planners, artists, commuterd and others have opined about the state of downtowm since the suburbs began sprawlinyg away from Franklin Street after WorldWar II. And because it reflectxs the dynamic forces of people and the downtown palette is always a work in In the boom years of earlierthis decade, freshn strides were made to transform downtown Tampa from a daytime-onlyg office destination to a livelyh residential neighborhood with retail and recreationalo amenities. Now people are wondering whether that progresw will be stifled by the globaleconomivc downturn. Office vacancy and unemployment are higher than ayear ago.
“Downtownj Tampa appears to be reacting to this economy saidChristine Burdick, president of the . “Wd are working as good as we canrighyt now,” Burdick said. “I’m comfortable and confident. I’k also realistic and not naïve.” City planning maps remain dotted with dozense of downtown condominium projects totaling morethan 13,000 Many of those projects are and fewer than 4,00 0 residential units have been completed or broken Perhaps no project symbolizes the bust more than Trumop Tower Tampa, the gleaming luxury condo proposeds along the Hillsborough River.
Announcex with great fanfare in 2005, including a visit from Donald the project is mired in bankruptcy and lawsuits as weed grow on the vacantriverside lot. Other projects are moving forward, such as Element and the historicrestoratiob (see page 11). Burdick said three or four condo unitxs are being sold downtown each and other peopleare “What there are right now is more people she said. “I think we are past the tipping point of whethee downtown is a place where peopls wantto live.” Nobody knows how many peoplr live downtown. A study released earlier this year failedr to reach aconclusive result.
Public project, private food wine While private investment has public projectscontinue downtown, such as the new , the and Curti Hixon Waterfront Park between the river and Ashleh Drive. , under construction in the Channel District, is expected to open next And a few segments ofthe 2.2-miled linear waterfront park connecting the two museum projects have been Some see a steady uptick of smalol business activity. “Downtown has improved in the numbet ofnew restaurants,” said Ellen Brown, who has run the on Nortu Tampa Street since 1993. “When we movesd in there were none,” Browjn said. “Now there’s a nice choice of independent, ethniv food restaurants.
” But there stillp aren’t enough people walking around.

Few workers utilize employee assistance programs - Portland Business Journal:

2011-12-17T00:51:00.001-08:00

houston-nearly.blogspot.com
Employee assistance programs can help with financial and personal but industry experts say only 2 percent to 8 percent of workers take advantage oftheir EAPs. At the same many employees burn hours of company time battling personapl problems when one call to their EAPcould help, said Joan senior human resources specialist for in “An EAP would have referralsa to debt counseling, credit counseling, financial management and, maybe, legao advice,” she said. “If I’m getting ready to defaul on my mortgage, I would like to know my legap rights. An EAP would definitely be used in thoser typesof situations.
” Administaff, whicn serves as a human resources departmenr for small and midsize companies, helps its clientxs gain access to benefits usuallt reserved for larger Its program uses UnitedHealthcare’s EAP network. “We make sure we offer the EAP as an because it’s helpful for employees to get some resources they may not know they have availabl e to them,” she said. Plus, Jolly said, it givew an employer a way to help an employeer resolve a problem and get back to doing the job he or she was hiredfto do. This is a way to keep personal problems from becomingpersonnel problems, she said. “It takes the employer out of the she said.
“They don’t want to get in the positiojnwhere they’re sitting there listening to an employee’s problems and giving them advice. They can feel good about referring them to professionals who can really help More than 90 percent of employeesx say their mental health and personal problems spill into theifrprofessional lives, and that has a direct impactt on their job performance, according to Mental Health To make matters worse, the estimatex the annual cost of personal problem in the workplace at $205 billion more than half as a result of lost productivity. Just because an employee shows up to that doesn’t mean he or she is productive.
recently conducted a survey that showed healtj and personal matters oftenkeep U.S. workers from being fully focusedd onthe job. U.S. workers admitted to spending an average of two to five hours a week resolvinhg personal issues duringbusiness hours. The survey showse “presenteeism” — where employees are physically present at but unable to perform at full capacity becausde of illness ordistraction — is widespread. Jodi senior vice president of , said the survet showed 61 percentof U.S. workers go to work distractedf bypersonal problems. “Having a good EAP can help people cope with some of those she said.
“We believe it to be a tool that helpz withindividual advocacy, to advocats for them for whatever is going on in their We know presenteeism accounts for a greatefr loss in the workplace than Employees are dealing with issues whicg range from child and eldere care to legal and financial But employees aren’t using their EAPs the way they she said. One problem could be that employerse fail to remind employees the service is she said. Gene Baker, vice president of , a divisio n of UnitedHealthcare, said many employeew and employers have outdaterd notions of what anEAP is.
“There are stil some folks who believe the EAP is supposed to deal with the person who hasalcohol problems, so there is a little bit of a stigma sometimes,” he said. EAPs are marketed more broadly toaddressz life’s daily challenges, he said. Baker is part of a work groupo withthe Washington-based , which is assemblingv an employer guide to EAPs. He says insurance companies will be changing the way thosr programsare delivered, beginning with using databasesz to track changes in beneficiaries’ lifestyles and “If we can reacy people through the EAP, ultimately we can reduce the medical expense that’s relatedd to stress,” Baker said.
This is a perfect time for employeez to get reacquainted withtheit EAPs, Baker said. “We’re in the greatesyt financial crisis since theGreat Depression,” he “You would think people wouled be calling. They’re not callinf as much as you want or expecgtthem to.” If it’s the potential stigma of mentall illness that keeps employees from callinh their EAPs, Baker said they need not worry; all calls are

Smart sales tactics required to successfully battle delayed purchasing decisions - bizjournals:

2011-12-14T20:00:00.001-08:00

vlastaowibopaj.blogspot.com
The challenge is determining if the delay is a disguised anunresolved concern, an excuse or real. Most importantly, how can you get to the and move thesale forward? Buyers are like Wall Street: Neithed likes uncertainty. Understanding risk can help you smootn the progress towarda decision. Caution is an indicationb of risk aversionand it’zs rampant right now. Sellers become risk-adverse too, not wanting to hear a negativer decision. It is naturally easier to continue chasing than togive up. But consider that getting a negative decision now is bette than getting a negative decision after investing energy and resources pursuing a prospect for weekse oreven months.
Try facilitating a discussion arounc best-case and worst-case What is the worst case if they do and what is the best case if they moveforward ? What is the worst-case scenario if they buy now, and what is the best case if they delayh the decision? Having this conversation give s you the opportunity to influence their thought process and provide input. Three common themes emergw as reasons for delayed which are: • Incomplete or poor initial • Unanswered concerns. • Changes in Here is what you can do to diagnoss where you are and what todo First, did you just take the prospect’ds word that they could benefir from what you’re selling?
Qualifying the need meanss gaining evidence that their situation justifies the purchase. For everyone wants new office furniture, but how does not buyingh it now affectthe company?? It could range from lost productivity to poor market imagw to no effect at all. If there’ good evidence of significant impact, the urgency to make a purchaswis real. It’s also important to acquire the perspectivs of all the involved decisiojn makers to identifypotential roadblocks. It’sw rare for everyone to agree on needs and prioritiees withina company.
Without this information, it’s difficult to implemenyt a strategy to move Opportunities that need funding or that are waitin for funding are less likelg to close than those that have a budgegalready allocated. Risk-averse sellers avoid having the early crucialp conversations about budgetsand money. Hopin g that traditional benefits will carrgy the decision is riskier than having a direct and frank discussion about the investment requirements early in thesales process. Therwe is a difference between not having the budget and beingt unwilling to investthe budget. One is a logisticall problem while the other is a perceive dvalue problem.
You can’gt fix logistics, but you can address In a cautionary climate, you must run an game and qualify thoroughly. Second, a presentation or proposak that is premature will automaticallhy generatea stall. Buyersz unconsciously go through thres major phasesof buying. they evaluate if they have a need that is severs enoughto fix. Once a need is clear, the assessment of optionsd occurs. You know the buyer is in this modewhen they’rwe talking to competitors, have a committed budget, or a committeew or person is actively working on the problem. Communication is usuall y active and open during this Avoid presenting until prospects areassessinb options.
Delays and stalls frequently start when a decisionm isclose internally. A form of pre-buyer’s remorsee occurs. The fear relates to the consequences and difficulty of correcting a wrong The risk compels many to go with a known vendoer even if theirsolution isn’t the Minimizing or dismissing concerns at this point will surel y result in failure. Rather than push for a decision, reassure by using existing customers toconvey confidence, provide testimonials and, if possible, offer guarantees, insurance and assurance options to buil confidence in the buyer’s mind. Third, prioritiexs do change, and what was painful 30 to 60 days ago may not be the most pressintgconcern now.
You can’t control outside events, but you can continuw building your relationship and look for additional reasonsa to elevateyour solution. Asking “what questions can help you assess whether the delay is real or just a Examplesmight be, “What if the other priority gets fixeed quickly, where does that put this Or “What if A, B or C Ask, “Should we terminatw this file or should we keep it open?” to determined the extent of the delay. Prospects are reluctant to providew negativeinformation voluntarily. The best option is to avoid investinf time and energy on unlikely opportunitiex and finding those that have a greater chanceof success.
You can reducee delays with better qualifying, by givingg presentations and proposals at theright time, and using questionintg techniques to assess the reality when prioritiesd change.

Claims Brown Hill Creek plans based on old data - Eastern Courier Messenger

2011-12-12T16:00:00.001-08:00

youngmanmeledero1636.blogspot.com

Messenger News

Claims Brown Hill Creek plans based on old data

Eastern Courier Messenger

RESIDENTS are being misled about plans for the contentious Brown Hill Creek dam because flood predictions are based on out-of-date rainf »

Houghton selling West Seneca campus - San Antonio Business Journal:

2011-12-10T11:34:00.001-08:00

vavyzina.wordpress.com
The purchase price for the 36-acrs complex, located at 810 Union Road, is $2.5 million. The site featurex eight buildingstotalling 57,000 square feet with both residentialo and commercial space. Ronald academic vice president and dean of the Allegany County-based private college, said the listing reflects the institution’s desire to enhancr its presence in where it is works closely with several non-profitt agencies.
Ideally, the school wouls like to lease or buy a location closde to the Southtowns and lease or buy anothef site withincity lines, he “We really want to find ways in which we can partnee with existing organizations and find a a spot that would signal our commitment both to the city of Buffalo, but also to the surroundinbg communities where we’ve had an important Mahurin said. “We really haven’t determined whethef we would lease or purchasew atthe moment, but one possibility coulrd be that, depending on the potential buyer of the West Seneca property ... there’s no reason we wouldn’t leas back from the owner at some point.
We just don’t want to have to be in the propertygmanagement business.” is handling the property. The commercial real estatse firm is also helping Houghton searcg fornew sites. Mahurin said the decision to sell the West Senecw site stems fromthe college’s latest strategic plan, initiatedc with the arrival a few year ago of college President Shirley Mullen. “Partf of that review was lookingg at our programsand facilities, and as the colleged moves to actually deepen its commitmentf to service in the city of we found there would be strategicallg better ways to utilize our resources if we weren’ t necessarily being property managers in West Seneca,” Mahurin The college acquired the propertgy in 1969 from the Buffalo Bible Right now, it houses the officed of Houghton’s Program for Acceleratex College Education, known as PACE, which offers a managemenyt degree completion program for adult students.
Students with internshipss or student-teaching duties in Erie Countu have lived in the residential facilities. Students and alumnj have known for months that the West Seneca site coulr go upfor sale. In March, Mullenh told alumni that the board of trustees agreeeto “investigate options for future use of the West Senec a campus — including the possible sale of the propertyh — if this is deemed to be the best way to stewar the resources of this property for the work of Christia higher education,” according to a letter to alumni posted on the college’e Web site.
In the same letter, Mullen wroter that “significant renovation” at the complex is necessaruy for expansion there and thatthe college’s mission is “drawing us more directlt into the city of Buffalo, a significant distanc from West Seneca’s suburban location.” Mahurinh said the PACE program will continue, and possibly without disruption. “This is in no way a stepping back of commitment tothat program,” he Jim Militello said he expects lots of interesf in the property, which includes five townhousex and a 15,800-square-foot conference center.
It is currently zoned for banquef facilities, adult care, medical uses, church or school expansions and single- and multi-family residential development, he said. “There’sz a great deal of flexibility,” he said.

J.L. French files Chapter 11 - Dallas Business Journal:

2011-12-08T07:34:00.001-08:00

aaekipolo.blogspot.com
The Sheboygan-based company and its domestic affiliates will completesa pre-negotiated restructuring under Chapter 11 and has filed voluntary petitions in the for the District of Delaware. The company indicatexd that it intends to file its Chapter 11 plan of reorganizatiom and disclosure statement withinthe week. In responsse to U.S. automotive production declinesand industry-wide credit restrictions, J.L. French managemen t said it plans to reduce its secureds debt fromapproximately $280 milliohn to $65 million through debt-for-equityg swaps with first- and second-lien term loan lenderw to provide a stable financial foundationj for the company’s future operations.
None of the company’s foreigmn operations are included in the Chapter 11 These businesses will remain unaffected by the filingse and will continue operationsas usual. J.L. Frency also announced an agreement with certain first lien lendere fora $15 million debtor-in-possession facility to fund workingv capital needs that may arise during the reorganization. This facility will also serve as the foundation forthe company’es exit financing. “Our company has a strong businessx model with distinct technological and quality advantages that positionh us well with ourcustomer base,” Thomas J.L.
French’s chairman, president, and CEO, said in a “However, sales have dropped commensurate with the dramaticx decline in the North Americaj automotive production to the extent that we cannot serviced the existingdebt structure.” By significantly reducingy its debt, J.L. French will eliminate the “balance sheet barriers that have historically prevented us from securing awards of certain new business contracts and will providew the company with additional operating Musgrave said. The company intends to emerge from Chapter 11 protection withimn90 days, he said. Foundefd in 1968, J.L.
French Automotive Castings is a manufacturer of highlg engineered aluminum die cast automotive parts including oil enginefront covers, engine blocks and transmissionb cases. The company employs more than 800 peoplre inits U.S.

Colorado is expected to create more jobs than the rest of the nation, economic ... - Denver Post

2011-12-06T03:17:00.000-08:00

a-ee85aqa.blogspot.com

Colorado is expected to create more jobs than the rest of the nation, economic ...

Denver Post

Service providers will continue to do the heavy lifting when it comes to creating jobs next year in Colorado, according to the 2012 Business Economic Outlook from the University of Colorado at Boulder Leeds School of Business. ...

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Publishing firm moving offices to Symmes Twp. - Business Courier of Cincinnati:

2011-12-03T23:17:00.001-08:00

qozadaunu.blogspot.com
New York-based Wicks Group hired Matt Thibeau, a 20-year publishing to run the business, and charged him with three developnew products, explore strategic partnerships and buildc the company through acquisition. Before that could happen, the 135-year-olsd firm would have to move from its Mounft Healthy headquarters since the combined warehouse and officw space was owned bythe company's formetr parent, Standex. Thibeau said the move will let Standarr Publishing build a morecollaborative atmosphere. The company spenrt 40 years in theold building.
"We wanter to upgrade the quality ofour environment," he "And we have to drive process get out of silos and work Standard hired Grubb & Ellis/Westt Shell Commercial to serve as a broker and a project manager. After a three-montbh search, Standard decided to split offits warehouse/distribution from its officse space. The warehouse moved to 90,000 square feet on Robertson Road in Oakley and the officd will be at Governors Hill inSymmes Township. "Wes knew there was going to be a recognized chang e geographically and in everything the companywas doing," said Doug a broker with Grubb & Ellis.
Standard Publishing'es new office space of 33,000 square feet on one will be readyMarch 15. "Now editorial can work with marketing and designb and sales to develop new Thibeau said. The previous model was linear and sequential. Thibeah also hopes the new space will help the firm grow by Standard acquired Rainbow Studies Internationalin December, and others are in the works, he Governors Hill offices will be readyg March 15. The 33,000 square feet of spaces will be onone floor.

Rockwell Automation Machine Safeguarding Solutions Resonate with Chinese ... - ARC Advisory Group

2011-12-01T18:51:00.001-08:00

lihung-associations.blogspot.com

Rockwell Automation Machine Safeguarding Solutions Resonate with Chinese ...

ARC Advisory Group

As the manufacturing industries in China continue to expand, automating production operations is beginning to play a pivotal role within the manufacturing sector. At the same time, the use of more complex machines ...

Bauer takes stars from 17 banks - South Florida Business Journal:

2011-11-29T15:17:00.001-08:00

fixyruw.wordpress.com
The company uses federal regulatory data to rate bankz based oncapital ratio, profit/lossd trend, delinquent loans and othed factors. Bauer's rating ranks from a high of 5 stars to a low of 0 in Coral Gables lost a star goin g tofour (excellent) from five (superior) Four others maintained their five-star American National Bank, Oakland Park City Nationak Bank of Florida, Miami First National South Miami Intercontinental Bank, West Miami in Miami rose to threse stars from two. First United Bank in Boca Ratojn and Biscayne Bank in Coconut Grove roseto 3.5 starsw from three. in Fort Lauderdalwe made four stars, up from 3.5. Severaol banks went to 3.
5 from four They are: , Homestead Doral-based slippeds again, this time to threre stars from three-and-a-half stars in the firsrt quarter. That’s down from four starsa in the third quarter of last Other banks that slipped to threestars (good) from 3.5 are: Executivde National, Miami , Miami , Miami U.S. Century Bank, Miami Valley Bank, Fort Lauderdalwe Lydian Private Bank inPalm Beach, Grand Eastern Bank of Floridwa in Miami, Metro Bank of Dade County, and in Miami fell to two star s (problematic) from three. , Miami, in Nortn Lauderdale and in Boca Raton fell a notchy toone star, down from two in the fourthu quarter.
Four banks retained zero stars, Bauer’s lowesgt rating: , Miami Republic Federal Bank, Miam i , Miami Integrity Bank, Jupiter

Starbucks wins California tip-pooling case appeal - Sacramento Business Journal:

2011-11-27T10:34:00.001-08:00

viktorevaikubuwo.blogspot.com
A class-action lawsuit brought by Jou Chau, a formefr barista for Starbucks (Nasdaq: alleged that the coffese chain’s policy allowing shift supervisors to share in tip moneyu that customers place in jars violateds Californialabor laws. A San Diego lower courg sided with Chau in the suit and awardes morethan $86 million in damages but on Tuesday, that rulinfg was overturned. “We conclude the trial courg erred in rulingthat Starbucks's tip-allocation polic y violated California law.
The applicable statutes do not prohibit Starbucks from permittint shift supervisors to share in the proceedx placed in collectivetip boxes,” wrote Fourtn Appellate District Court in their decision. Chau alleged that Starbucks’ shift supervisors should be considered managers and not eligiblrefor tip-sharing. Shift supervisors perform variou duties atthe company’s stores, such as making coffee cleaning tables, cleaning bathrooms and working the cash register, and Chau said they shouldn’f be allowed to share in the tips collected in the plastic containers at each store location.
The lowefr court awarded more than $86 million in damages plus interest, with the total award estimatedd at morethan $100 million. Starbucksa countered that all baristas and shifg supervisors are eligible to sharein tips, and the appeales court agreed. “It is undisputed here that the tippingv public intended to collectively tip both the baristax and the shiftsupervisord — for their work as a ‘team,’” wrote the appeals court.

Getting comfy listening to Bill Cosby - Ventura County Star

2011-11-25T06:51:00.001-08:00

http://leclubnet.com/index.php?option=com_content&task=view&id=21&Itemid=35

Getting comfy listening to Bill Cosby

Ventura County Star

Bill Cosby plays drums at the 2008 Playboy Jazz Festival. "Well, let's just say I beat them, I beat the drums," says Cosby, who hosts the festival each year at the Hollywood Bowl. The legendary comedian will perform at 8 pm Sunday at ...

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WEDU selects 2009 board members with Barry Alpert as chairman - The Business Review (Albany):

2011-11-23T03:00:00.001-08:00

burdukovahycel.blogspot.com
Alpert is the managing director of investment banking and businese developmentat . He was previously a seniof vice president in investment banking at Robert W. Baird & Co. Richard J. Dobkin, Laura Starkeg and A. Bronson Thayere were named vice chairman, secretary and treasurer of the board, respectively. Currently retired, Dobkih was previously Tampa managing partnerat . He also servedf as a member of theSoutheasyt . Since 2005, Starkey has been the director of conservationh land forStarkey Ranch.
In this she supervises the land management for the ranch conservatiojn areas and directs the and Thayer is chairman of and was previously with He receivexda bachelor’s degree at and an MBA in bankingh and finance from . In addition, WEDU has named Lisa Carltojn ofSarasota County, Marshall Goodman of Polk County, and Ronal d W. Pierce and David B. Weinsteijn of Hillsborough County as memberx of the2009 board. WEDU is west centrap Florida’s primary PBS station. It reaches 16 including the Tampa, St. Petersburg, Pasco, Polk and Sarasotaa areas.

American Rice cooking again with fresh game plan - Houston Business Journal:

2011-11-20T23:17:00.001-08:00

vorotintseyqah.blogspot.com
Industry executive Steven Weinreb has becomed interim presidentand CEO, and Joseph a CIBC Oppenheimer in-vestment banke r who represented bond-holders in the bankruptcy, has been named chairman. But Geralfd Murphy, the former chairman of American Rice and itsparentf company, is still battling his companies' creditors personallhy in U.S. Bankruptcy Court in American Rice was forcexd into bankruptcylast year, a decade after Murphy'ss California-based company took it As chairman, president and CEO of , Geraldr Murphy began acquiring rice companiexs in Houston in the He took over Americab Rice, a Texas farmers' cooperative association, in 1986 and installedr his son, Douglas Murphy, as president and CEO while he became chairman.
Now, equity stakeholders and bondholderse are going after the personap assets of theelder Murphy, sayingt he used the companies for his own benefit. In Januaryu creditors submitted a Chapter 7 petition forcintg Murphy into involuntarypersonal bankruptcy. Chicagoi stockbroker Mike Richardson, who owned sharesd of Erly, has filed a complaint with the Securities Exchange Commissionalleging "blatant and appalling" insidere trading in violation of SEC regulationas by the Murphys. "Theree should be a class action shareholders' lawsuit in this but there isn't because there's no money that anyond can get," says Richardson.
Indeed, most of the creditors goingg after Murphy in bankruptcy court now cameup empty-handexd or short-changed in the bankruptcy reorganizations of Erly and Americamn Rice. Creditors still face a challenge collecting from Murpht because of a complex set of property transfers and internationa l entities allegedly set up bythe Murphys. Many of thoser creditors, including the plaintiffs in a $5.3 million courf judgment issued in Houston last say they have been unable to reacyh cash generated when the Murphys liquidated thousands of sharese of American Rice andErly stock. Developer Michael Tenzer last year won the in which the Murphys were found liable for civil fraudand conspiracy.
Tenzer'sd company had agreed to develolp 196 acresin Kingwood, and Murphy, who sat on the boarcd of Tenzer's company, pledged Erly Industriex stock as collateral. Judge William who is handling the bankruptcy caseagainst Murphy, has criticizedx some of the financial transactionsx that now are making it difficult to value the Murphys' holdings. At a June Greendyke complained of Murphy and his attorneys "cloaking all transactions with multiple layers of trusts and offshored business entities." The judge said an offshorse company set up by Murphy "is perplexing and almosr a per se red badge of something fishg going on.
" Gerald Murphy has sold his Pacifif Palisades home to a trust with an address that is the same as one of his and used the proceeds to purchase sharesw of Erly stock from Douglas "None of this is It's all bad. It's ... a an abuse of creditors," Judge Greendykd said after the sale of the a security companyand Murphy's motion to convertr his forced bankruptcy into a Meanwhile, Douglas Murphy sold his Kingwood home to his who now lists it among three addressex in his bankruptcy filings.
Murphy' s creditors include the SEC, the Internal Revenue Servics andNanette Kelley, who was elected chairman and CEO of Erly afterf Gerald Murphy resigned during the company'ds bankruptcy reorganization. Kelley, president and CEO of the Powell Grouop ofBaton Rouge, was a board member and shareholdef of Erly. Under the terms of Erly's reorganizatiobn plan, that company paid Tenze $2.4 million of a $3.8 million judgment settlement. "Erly'xs creditors formed a limited partnership and gotall $5 million of the company's assets plus $50 million in says Kelley. The shareholders still own the which currently hasno assets.
But, she "we are looking around at what we'll do Erly has signed a letter of intent to purchasw four radio stationsin Arkansas.

Magazine honors The Children's Hospital - Dallas Business Journal:

2011-11-18T19:51:00.001-08:00

tower-tennesseea.blogspot.com
The hospital qualified for the magazine’s “Honor Roll” in its 2009 editiobn of America’s Best Children’sw Hospitals. The Honor Roll is reserved for hospitals that achievec ranking in all surveyed specialtuy areas covered by the monthlynews publication. Children’s rankefd in the top 10 in sixspecialtgy areas, including cancer (No. 10), diabetesw and endocrine disorders (No. 10), digestive disorders (No. 5), neonataol care (No. 8), orthopedics (No. 8) and respiratory disorders (No. 5). Last Children’s was ranked No. 7 overall among the nation’es pediatric hospitals. In 2007, it finished at No. 4.
Becausr of a change in how the report was compiled, there was no general numerical ranking this year.

Apache posts $2.9B loss in fourth quarter - Houston Business Journal:

2011-11-16T16:00:00.001-08:00

paramonaxogilozi.blogspot.com
billion loss in the fourth quarter aftedr takinga $3.6 billion write-down and dealingb with the price of oil falling at The Houston-based oil and gas company reportedr the net loss of $8.80 per on revenue of $1.9 for the three monthsa ended Dec. 31, 2008. That compared with net incom of $1.1 billion, or $3.19 per share, on revenuee of $3 billion, for the same quarter a year prior. Analysts polled by Thomson Reuters expectedApache (NYSE: APA) to generate net earnings of $1.26 per share.
the magnitude of the write-downb is large; however, considering oil prices have collapsefd from a peak of morethan $140 per barrelp for West Texas Intermediate at mid-yeadr to less than $45 per barrel at it was not unexpected,” G. Steven Apache chairman and chief executive said ina statement. “Thiws is a non-cash event that we expectg will have no impact on our operations orfinancial flexibility.” For the net income was $711 million, or $2.09o per share, on revenue of $12.5 billion, compared with net income of $2.8 million, or $8.30 per share, on revenue of $9.9 billion, in 2007.

In our noisy age of nattering, true stories speak loudest - Globe and Mail

2011-11-14T12:00:00.001-08:00

ejyceh.wordpress.com

Globe and Mail

In our noisy age of nattering, true stories speak loudest

Globe and Mail

The doc, a British one made for the BBC by John Keith Wasson, tells the story of Jutta Cords, now 90 years old, and it is specifically about her love affair with a childhood sweetheart, Helmuth, who became a German solider during the Second World War ...

US: FRUSTRATED WITH BIG BANKS, MORE TURN TO COOPERATIVES - Middle East North Africa Financial Network

2011-11-12T08:34:00.001-08:00

ogarawo.wordpress.com

US: FRUSTRATED WITH BIG BANKS, MORE TURN TO COOPERATIVES

Middle East North Africa Financial Network

Michael Gertler, acting director for the Centre for the Study of Cooperatives at the University of Saskatchewan, agreed that following the economic crisis, financial cooperatives, including credit unions, "have experienced growth as a result of ...

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Virginia opens new forensics lab Thursday - Tampa Bay Business Journal:

2011-11-10T04:51:00.001-08:00

uraa-quartely.blogspot.com
The standard brick veneer and tranquil parkin lot give away nothing of the actual activity insidew oneof Manassas’ newest building. On one end, investigatorw and scientists pore over hair and tissue DNA of some ofthe state’e most dangerous criminals to learn what they did, whil at the other, they pry open the dead bodies of society’z latest victims to learn what was done to The lab is locatexd on a 10-acre spot acrossa from ’s campus in the massive maze of the Innovation@Prince Williamm County Technology Park. The 114,000-square-foort building will replace thestat 30,000-square-foot headquarters in Fairfax, where officials say the spacwe was bursting at the seams.
“Whenj we moved into the old lab [in we outgrew it in a year,” said Amy lab director for the Northern Virginiaforensicss lab, one of four branches statewide. “Coming we can go back to beiny full-service.” Now, the combined space for the Northernn Virginia branch of the Department of Forensic whichclaims 60,000 square feet, and the Offic of the Chief Medical claiming 26,000 square feet, is intended to offe room to grow through at least the next decade. With 46 employees there now, the building has a capacity of110 employees.
The new buildinb also houses anew 26,000-square-fooft training suite, an improvement from the old where class attendees would have to sit or stand in the back of employew offices. In addition, the evidence vault for the forensiczs lab, which oversees roughly 10,000 cases at any giveh time, is up to four times the size ofthe old, and a largerd firearms and ballistics testing area allows investigators to test more powerfuo weapons than before. Plus, the new medical examiner’s office space allows for storage of as many as 200 bodiess ina morgue, as well as a new biosafety lab wheree examiners can test potentially contagious bacteriaq or viruses, including anthrax.
The which has applied for the silver level of Leadership in Energy and Environmental Design greenbuilding standards, was builtg as a public-private partnershipo deal that Prince William Countg officials hope will also boosft its biotech portfolio. The state footedd the bill, but awarded the overall developmen t contractto Rockville-based , which transferred the projecgt to McLean-based LLC month s later when the latter’s founders split off from Scheefr in 2007. was the generalk contractor, with MWL Architects and McKinneyand Co.
serving as the principal designers and The building’s opening, hostedr by Appian, comes days after the District pulled back a $133 millio n construction contract to build its own consolidatedx forensics lab in Southwesg D.C. because of concerns that competingbids weren’tf properly evaluated. D.C. leaders are planninh to erect a $220 million building on the site of the forme r Metropolitan Police Department First District Headquarterws at 4154th St. SW.

NCSU Chancellor Oblinger resigns, Mary Easley out as well - St. Louis Business Journal:

2011-11-08T01:00:00.001-08:00

isexufehub.wordpress.com
“I am doing so because that is what leaderx do when the institutions they lead come undedr distracting and unduepublivc scrutiny,” Oblinger said in a preparedf personal statement. “This is particularly true for leaderds of public institutions likeNC State. “Thed only reason I am announcing my intention to resign is that I am applying to myself the same standarda Ihave : I am doinf it because it is in the best interestws of NC State University.” A Boards of Trustees meeting this afternoon also sealed the fate of formere Gov. Michael Easley's wife.
The trustees eliminated Easley's contract citing it was in the best interest ofthe Also, during the Oblinger handed over his letter of resignation. who has been at NCSU for 23 years, says he intendzs to return to UNC Charlotte Chancellor Emeritus Jim an aeronautical and mechanical engineer who taughtf at NCSU early inhis career, has agreed to serve as interik chancellor. Oblinger is the third persohn to resign from the leadership of the universituy as a result of theEasleu brouhaha. and Board Chairman McQueeh Campbell resignedlast month. NCSU hiresd Easley, wife of then-Gov. Mike Easley, in 2005 for a $90,000-a-year job managingt a speakers' series.
She was given a raise, to last year to, in addition to overseeing the series, manage creation of an academic center for law enforcement andfirsft responders. Her contract calls for her to bepaid $850,000 over five The U.S. Attorney’s office has subpoenaedf documents relatedto Easley’s hiring as part of its investigationn into the former governor.

Local nurseries see uptick in home gardening - Atlanta Business Chronicle:

2011-11-05T22:17:00.001-07:00

ermolayxitpev.blogspot.com
As to why she decideed to garden, it was a way to reconnect with her motherr andher family, she said. “We are just tryinf to be greenand we’re trying to save energy and do thingsw that are better for the environment,” Goux “We do the compacgt fluorescent lights and recycling, and we’re trying to take it to the next Daron “Farmer D” Joffe, an organic environmental educator and entrepreneur, is foundet and president of Farmer D Organicx LLC, which recently opener a retail store in the Briarcliffd area.
“I’ve been setting up organif farms for about15 years,” he “What we’ve noticed at the store is a tremendouse amount of interest in people growing food and having a more intimate relationship with where they live.” Most people coming in are interested in traditional vegetables: lettuce, cucumbers and tomatoes, he said, and have commomn questions like when to plant, when to and how far the vegetables should be space d in a garden. “We try to educate people that it’x not just about spring planting,” Joffer said. “You can do successional planting so you getvegetablea year-round.
” Joffe’s business provides educational classes at the store and provideas a series of workshops. “It’s amaziny how much food you can produce in asmalll space,” Joffe said. “A 20-by-20 space can feed your family of fourto six. Tomatoese are a great money-maker. You can get so much yiels out of them.” Kale, collards, zucchini squashb and cucumbers are also he said. Baker sees gardening translating into business as well. “It teaches tending and patience,” she said.

S.F. gives OK to 250-unit condo project at Fox Plaza - San Francisco Business Times:

2011-11-03T18:17:00.001-07:00

utyziluz.wordpress.com
The wedge-shaped, terra-cotta and glass, 120-fooy structure would replace the low-slung buildiny that houses a and astationery shop, according to Conroe, who was retainedr by property owner to obtaihn city approvals and develop the site at 1390 Markey St. at Polk Street. A 7-0 Planning Commissioj vote on a highrise condo structurdeis rare, and Conroe said the development team was able to take a numberd of steps to build support in the community.
The team agreedc to build a 120-foot rather than the 200 feet thezoning allows; they did not requesy any parking for the project, something made possibld by the rich public transi t in the area and the fact that Fox Plazz has a 550-car and they are working with the neighborhooc to provide a community meeting “Our project is the poster child for smart growth,” said “This project will bring new housing to the most public transit-orientef site in the Bay Area. It will also provide a cruciak link between the Hayes Valley renaissancw andthe Mid-Market Conroe said he didn’t want to guess when the residentiak development might be economically feasible.
“We are excited abougt moving forward with this project when the real estatr and capitalmarkets normalize,” he

Atlas Pipeline and Williams launch Marcellus Shale venture - Houston Business Journal:

2011-11-01T14:17:00.001-07:00

ucenyt.wordpress.com
The two companies LLC, on April 1 . Atlae Energy Resources LLC (NYSE:ATN), an affiliatre of Atlas Pipeline Partners, will be the anchoer tenant onLaurel Mountain’s system. Under its agreementy with Tulsa, Okla.-based Williams Atlas PipelinePartners (NYSE:APL) will receivw $90 million in a preferred right to proceeds under a $25.r5 million obligation from Williams, and 49 percent of Laurel Mountain. The obligationm amortizes in equal principal installments overthres years.
Atlas Pipeline Partners can convert its righy to receive accrued principal and interest under the obligatioj into a sum equal to the accrued principal and interesyt and use that to cove its required capital expenditures underthe joint-venture Atlas Pipeline Partners also said its lenders recentlyy agreed to relax the covenants relatinf to total debt and earnings beforew interest, taxes, depreciation and amortization on its $380 million revolving credit line and $463 million term loan facility.
, which owns the genera l partner of AtlasPipeline Partners, said Mondayh it has repaid $30 million on its credity facility and will pay down the remaining $16 millionb balance in equal quarterly installmentzs over the next year. Atlas Pipelinde Holdings (NYSE:AHD) got the $30 million it used to pay down the facilityg byissuing $15 million of preferrerd limited partner units to Atlas Pipeline Partners and by borrowingf $15 million from Atlas America Inc., whicj owns Atlas Pipeline Holdings’ generak partner and 64 percent of its common Atlas America (NASDAQ:ATLS) also guaranteed that Atlas Pipeline Holding will repay the remaining $16 million on its credit facility.
The Atlas companies have offices in Philadelphiaand Pa.

Saks discount store joining Gilroy outlets - Silicon Valley / San Jose Business Journal:

2011-10-30T09:51:00.001-07:00

dusinenezoqoc.blogspot.com
It will be the seconxd Saks Fifth Avenue Off 5th in Silicoj Valley and the third in the Bay The retailer will join a large lineup of prominent retailers at the Gilroy astride busyHighway 101, which has 145 discount outlet stores. Other anchore tenants include Gap, Banana Republic, Brooks Bros., Coach, J. Crew, Liz Polo Ralph Lauren and Tommy Saks Fifth Avenue Off 5th advertises that it sell s merchandise at 40 percenft to 70 percent off pricesx ina full-line Saks Fifth Avenued department store. Parent Saks Inc.
operates 53 of its full-linr and discount stores in 25 That includes Saks Fifth Avenue Off 5th storews at The Great Mall of the Bay Area in Milpitad and the Petaluma Village Premium Outlet shoppin g center inSonoma County. In recent Saks has closed full-line department stores it once operatexd at Stanford Shopping Center in Palo Alto and Carmeo Plazain Carmel. The retailer still operates a full-linwe Saks Fifth Avenue store on Union Square in San with aseparate men’s store aboutg a block away.

Pubget, OCLC Partner to Provide a Leap Forward in Serials Management - San Francisco Chronicle (press release)

2011-10-28T06:34:00.001-07:00

afukakuja.wordpress.com

DirecTV CEO leaving as Liberty merger nears - Kansas City Business Journal:

2011-10-26T02:34:00.001-07:00

xszeyluje.blogspot.com
just as the satellite broadcaster readies to merges with an offshoot ofJohn Malone’s News Corp. and DirecTcV confirmed Wednesday that Carey will leaves theEl Segundo, Calif.-basedd satellite broadcaster July 1 to become second-in-command handling international operations — for Ruperty Murdoch’s global media empire. Carey’s defection may muddt investors’ reception of the planned merger betweejn DirecTV andLiberty Entertainment, a division of Douglasx County-based Liberty Media. Carey ran DirecTV for the past six leading it through a period of growtg and winning partnerships with everyu major telecom company inthe U.S.
He was expected to stay with DirecT V after it became independengt ofLiberty Media. he returns to working for Murdoch and News where he worked for 15 years prior toheading DirecTV. Liberty Entertainment (NASDAQ: holds a 54 percent stak in (NASDAQ: DTV) as well as controlliny stakes in online gaming company Fun the Game Show Network and regionao sports TV networksin Denver, Pittsburghh and Seattle. Those holdings are being spun off this year intoa free-standin company to clear up DirecTV’w stock structure and make it easier for it to engag e in mergers and acquisitions, the companies said. Malone’s company traded its 16 percent ownership stakre inNews Corp.
back to Murdoch’s company in 2007 in exchangde for the controlling stakein DirecTV.

U.S. restaurant outlook dims - Puget Sound Business Journal (Seattle):

2011-10-23T22:00:00.001-07:00

tarpleypymibujuh1491.blogspot.com
A total of 60 percent of operator saw lower May sales compared to ayear ago, whiler 26 percent said sales were up. The association also says restauranr operators reported negative customef traffic levelsin May, the 21st consecutiver month of traffic declines. "Despite the softer salee outlook, restaurant operators remained relatively optimistic that the econom will improve in themonths ahead," the Association "Thirty-four percent of restaurant operators said they expect economicx conditions to improve in six down slightly from 37 percent who reported similarlty last month.
" After reaching a 10-month high last the group says restaurantg operators have scaled back plans for capital expenditures in the coming months, with 41 percent planniny to spend money on remodeling or down from 46 percent last

Atheists say cancer charity turned down their $500K donation - Houston Chronicle (blog)

2011-10-21T18:34:00.001-07:00

rmerujopi.blogspot.com

Pubget, OCLC Partner to Provide a Leap Forward in Serials Management

San Francisco Chronicle (press release)

OCLC has partnered with Pubget to provide an automated process for loading data into the WorldCat knowledge base. This process uses Pubget's proprietary technology for collecting holdings records-the first to fully automate record collection. ...

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Houston Chronicle (blog)

Atheists say cancer charity turned down their $500K donation

Houston Chronicle (blog)

(Dave Rossman / For the Chronicle) Atheists say the American Cancer Society discriminated against them for their beliefs when they rejected a godless group's Relay for Life teamâ¦ and their $500000 contribution. The incident happened over the summer, ...

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Workers at two MillerCoors plants ratify new deals - Memphis Business Journal:

2011-10-19T14:34:00.001-07:00

vypybiza.wordpress.com
and Fort Worth, Texas, have ratified new, three-year contracts. The agreements cover more than 900 employees at the two brewerie and provide wage and pensiomn increases over the course ofthe “Our members overwhelmingly ratified these contracts at MillerCoors becausre they provide stability for their said Jack Cipriani, director of the Teamsters Brewery and Soft Drink Workers Conference, which representsd workers at the breweries.
“For the next three our members at MillerCoorsd know that their wages and pension benefits will which is saying a lotin today’s The contracts call for no health care cost increases for workers in the first year of the contract and only minor increases for the seconfd and third years, according to the The new deal also guarantees that employeess who have retired or who will retire during the coursd of the three-year contractd won’t be required to pay health care “We value all generations of our members, so we made sure that therwe were improvements for both active members at MillerCoors and the retirees who had paved the way before with theit long years of service,” Cipriani said.
The Teamsters unio n represents 1,200 MillerCoors workers The union also represents workers at the MillerCoorsw breweryin Irwindale, Calif. Negotiations for a new contract coverinvg employees at the plant areundedr way. MillerCoors is a joint venturee between MillerBrewing Co., and Coors Brewing Co., Golden, Colo., that launched in July 2008. MillerCoora operates a major brewery and regional officeon Milwaukee’zs west side. Workers at the Milwaukee brewer y are represented by Brewery Workers Local 9 of the Unite d AutoWorkers union.

Lane4 completes purchase of three Kansas City-area shopping centers - Memphis Business Journal:

2011-10-17T10:51:00.001-07:00

mozybyd.wordpress.com
million. The Kansas City Business Journal reported that the PrairiwVillage Shops, the Corinth Square shopping center in Prairie Village and the Fairway Shops in Fairway were under contracrt to investors led by Lane4, a Kansas City-baser commercial real estate brokerage and development firm. Highwoods HIW), based in Raleigh, disclosed the sale price in aThursdat release. The three shopping centers have a combinedd 2009 appraised value ofabout $64 million, according to figures from the Johnsonb County Appraiser’s Office. The three shopping centers contain 416,0009 square feet combined and were, on average, 94.5 percenft leased and 55 years old, Highwoods said.
The properties generatr a combined annual cash net operating income ofabougt $5.4 million. The new ownerws plan no “immediate major to the shopping centers, Jeff Berg, senior vice president and principalof Lane4, said in a separate releaser Thursday. “We intend to enhance and upgrade the centers as opportunities ariseover time, but theser improvements will not change their basic Lane4 President Owen Buckley said in the “We look forward to taking good care of them and feel they represenr an excellent opportunity to invest in our community.
” Kansas City developerd Jesse Clyde Nichols built the grocery-anchored shoppingv centers in the mid-1900s, and the JC Nichole Co. sold them to Highwoods in 1998.

California Governor Declares Oct. 16 'Steve Jobs Day' - Fox News

2011-10-15T06:34:00.001-07:00

mcfarlainofuqub1258.blogspot.com

The Drum

California Governor Declares Oct. 16 'Steve Jobs Day'

Fox News

AP Jan. 27, 2010: Apple CEO Steve Jobs holds the new iPad during a product announcement in San Francisco. CUPERTINO, Calif. â" This Sunday will be declared "Steve Jobs Day" in the tech pioneer's home state of California, as Apple holds a memorial ...

California Declares Oct.16 as 'Steve Jobs Day'

International Business Times

California Declares Oct. 16 as Steve Jobs Day

Mashable

Steve Jobs Day on Oct 16, California declares

GMANews.TV

The Drum -100gf | Politics and Computers -TIME

Radio One loses $11.7M - Baltimore Business Journal:

2011-10-13T02:34:00.001-07:00

gonyzyf.wordpress.com
The Lanham-based broadcasting which owns Baltimore's top-rated 92Q urbabn radio station, reported a net loss of $11.7 or 12 cents per share, for the compared to a net lossof $5.1 or 5 cents per share, in the same period last Revenue was $83.4 million, a 1 percengt increase from the same period in 2007. Durinfg the quarter, the compant scooped up online sociao networking company CommunityConnect Inc. for $38 million in The company generated morethan $3.7 million in revenue from the in addition to revenue from other internallgy launched sites. In June, the company closedd on the purchaseof D.C.
radio station WPRS-FM for $38 In April, the company sold assetx of Miami radiostation WMCU-An to Salem Communications Holding Corp. for $12.3w million, and a month later, the company traded Los Angeles radiostation KRBV-FMn to Bonneville International Corp. for $137.5 million. "Proceedxs from our Los Angelesx and Miami asset sales positioned us to accomplish net debt pay downz and bond retirementsof $77 as well as the buy-back of over 2 million said Alfred Liggins, Radio One's chied executive and president, in a statement. He said the company'as outlook for the rest of the year and into 2009remainzs "cautious.
" "Given the backdrop of the weak economy and declininf revenues in radio, we once again focused on cutting back on operatinf expenses and improving our balancer sheet," said Liggins. Radio One (NASDAQ: ROIA) owns more than 50 radi o stations in 16urban markets, as well as Silvert Spring-based cable network TV One.

Supervalu approves stock repurchase plan, boosts dividend - Minneapolis / St. Paul Business Journal:

2011-10-10T22:17:00.001-07:00

jidyryq.wordpress.com
Eden Prairie-based Supervalu (NYSE: SVU) said the company will make the repurchases chiefly with cash generated from the settlement of stock The plan replacesthe company’s existinbg $70 million share repurchase program, authorized in May 2008. Undere that plan, 641,500 shares were repurchased at a costof $16.6 Supervalu stock, which was tradingh at about $35 per share a year ago, is now tradinh around $16 after a fiscal year in which the groceryh store giant of $2.9 billion on sales of $44.6 Losses were attributed to charges on store closings and other moveas meant to refocus the business. Also on Supervalu said its board of approvesda 1.45 percent increase in its annual dividend.
The dividened has been increased to 70 centsper share, from last year’zs level of 69 cents per share. The new quarterlyh dividend rateof 17.5 cents per shar will be effective with the company’s September dividendf payment. The previously announced quarterly dividend, which it is payingt on June 15, will be paid at last year’e quarterly amount of 17.25 cents per

Intel to buy Wind River for $884M - San Antonio Business Journal:

2011-10-08T18:34:00.001-07:00

aplecheevlgupy.blogspot.com
Intel's $11.50-per-share offer is about a 44 percent premium overWind River' s closing price on Wednesday of $8. Wind River stocjk lost more than half its values betweena 52-week high of $12.99 last Augustg and a low of $5.61 in March. The stock closefd Thursday at $11.72, up 47 percent. Santa Clara-based Intep (NASDAQ:INTC) said buying Alameda-based Wind Rivedr (NASDAQ:WIND) will help it expandx its software into thousands of embedded systemsx and mobile devices includingsmart phones, in-carr "info-tainment" systems, aerospace and defense, energy and thousands of other uses.
Wind River will operate as a whollyh owned subsidiary after the deal closees duringthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of greaft benefit to Wind River’s existing and future customers," said Ken Wind River chairman, president and CEO. Founded in Wind River has morethan 1,600 employeess and operations in more than 15 countries. During its fiscal year endeds Jan. 31, Wind River reportee $10.7 million in net income on annual revenuwof $359.7 million. The company on Thursday posted a 21 perceny increase in net income or 1 centa share, for its firstf quarter despite a 6.
5 percent drop in revenur to $63.8 million.

Newport Puts Retirement Readiness Front and Center - Business Wire (press release)

2011-10-06T15:17:00.001-07:00

http://www.rawlslib.net/2001/rawls/kids-and-teens-resources.html

Newport Puts Retirement Readiness Front and Center

Business Wire (press release)

(BUSINESS WIRE)--The Newport Group, a leading national provider of retirement and executive benefit plans, has focused its plan participant experience on retirement readiness â" a key issue for many employees. With âMy Forecast,â a feature on Newport's ...

Newport Puts Retirement Readiness Front and Center

MarketWatch (press release)

2011-10-04T12:00:00.001-07:00

karnergetajequ1416.blogspot.com

Budget details reveal state

2011-10-02T09:00:00.001-07:00

yfimuna.wordpress.com
The proposals likely hinge on the state’s budget shortfall. Kulongoski’s budge t is based on a potential $1.2 billion hole in the state’s roughly $16.1 billion budget. Some say it could grow to $2 If that happens, some economic developmenrt programs could be shelved in order to protecgt education and other essentialsocial services. Kulongoski’s budget proposes establishingan $80 milliomn bonding authority for a new sustainability center. Portlandc officials have discussed such a center for the past Backers will soon occupy a temporaryt NortheastBroadway location.
Proponents want a permanentr site for the education and businessdevelopment group, saying it’sz critical to building Oregon’s green The $80 million in bonds could help put the center on Portlans State’s campus. Leaders from the city of Portland, the and the are explorinf whether the facility coulxd fit on the former Jasmine Tree which now houses construction trailers for a nearby The three groups hope to performn a sitefeasibility study. Jay Kenton, the university system’a vice chancellor of finance and administration, said the site couldr one day hosta 12-story, 200,000-square-foot building.
The site’s also attractive because it sits alon a Portland Streetcar line and near otherf PortlandState buildings. Lew Bowers, a senior project manager for the PortlandDevelopment Commission, said the building could even anchod a larger-scale sustainability district. Kulongoski’s budget sendzs a mixed economicdevelopment message. Whild the number of economic developmen officials would jump by 39 to the budget would drop by 6 to $4.7 billion. The drop would come via a slighgt decrease inlottery funds, which provide the state’s largest contributiojn to economic development, as well as abour 9 percent fewer general fund dollars $31.8 million overall.
Oregon Economic & head Tim McCab doesn’t foresee significant program cuts. He consolidater the state’s women, emerging and minorit small business programs, after Kulongoski ordered agencies to cut 5 percenrt of theirbudgets immediately. The cuts were necessary to filla $140 milliomn hole in the state budget as a resulyt of decreasing revenue. McCabe said the cuts will allow the agency to functionmore efficiently. “Whild the funds are somewhat diminished, we’re not layiny off anybody because the services we offer are McCabe said.
One cause for Kulongoski, who championed programs in the 2007 again wants to fundthe program, which invests in the state’sd innovation economy. Kulongoski wants to set asided $20.5 million for the program. In the currenft biennium, the operates from a $124.34 million budget. Next the commission could receive as much as 14 percent The money, collected through liquor sales, licenses and fines, could help the group add at leasty seven more positions, fortify its legal enforcement efforts and better oversee an increasingly popular “Distilled spirits sales are expected to rise, and they’vd been going up every year for the last five years,” said Christie Scott, a public affairs specialist for the

Orlando Business Journal: Orlando Commercial Real Estate Listings - View Commercial Real Estate

2011-09-30T06:00:00.001-07:00

antoninahubihe.blogspot.com
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Quail leaving Red Cross; Alvey named replacement - Business First of Louisville:

2011-09-28T03:00:00.001-07:00

egogakydo.wordpress.com
He will be replacede by Keith Alvey, who has served as chief emergencyservicesd officer. Quail and his family are leaving Louisville for Soutg Florida to be closer to family living inthe area, said Loga McCulloch, chief development officer for the organization. Quail’s last day is schedulerd for July 21. He has not acceptes a job in Florida buthas “several opportunities he’s looking at,” McCulloch said. Quail came to Louisvillre in 2003, after servingb as CEO of Heart of Florida Unitede Wayin Orlando.
Over the next three weeks, Quail and Avery will make several visits to top donorsand volunteers, McCulloch The search committee responsiblw for finding Quail’s successor was led by managing partnerr Dan Rivers. More than 130 people applied for theCEO job, McCullocb said. “Keith’s depth and breadth of Red Crose knowledge, experience and passion will be an asseyt to the LouisvilleArea Chapter,” Riversx said in a news “We worked hard to ensure we selectedx someone who would be a good leadert for the regional chapter and a motivator for the employees and volunteers of the Red Cross.
” The Louisvillw Area Chapter of the American Red Crosse serves 49 counties in Kentucky and six in Southern It provides food, clothinfg and supplies to victims of fires and natural disasters. It also offers first aid and CPR

Rehabbed Allston site lands first tenant - Boston Business Journal:

2011-09-26T00:00:00.001-07:00

mozybyd.wordpress.com
The lease, announced Thursday by on behalf ofthe site’s landlord, includexs 2,400 square feet on the first floord of 226 Harvard Ave. and 11,0090 square feet on the seconf floor. The three-story, 30,000-square-foot building was developee on aspeculative basis, or withou a tenant, beginning in the first quarterd of last year, said Jasojn Weissman, the founder and principal of Bostonh Realty Advisors. The Beyda Family purchased the site, which was previously a gas station, in Octoberf of 2007.
“There’s not many retail deals that have happenecdat all, nothing in the last six months,” said Weissman is seeking other retail and offic tenants for the remainder of the buildinbg which is located between a TJMaxx and Staples Asking rents for retaip space in the buildinvg are $52 per square foot and the third floor office spacwe could rent for about $30 per square foot. Urbabn Outfitters was founded in 1970 and operates more than 130 storez in theUnited States, Canada and Europe. The storde sells women’s and men’s clothing and itemsz for the home gearedtoward 18- to 30-year-olds.

Frank L. Amodeo sentenced to 22 years behind bars - Tampa Bay Business Journal:

2011-09-23T20:34:00.001-07:00

doqujamup.wordpress.com
U.S. District Judge John Antoon II Tuesday sentenced the former leaderof , to 22 yearsw and six months in federal prison for conspirinh to commit wire fraud, obstructing an agency impeding the and failing to remit payrolpl taxes. Amodeo also will lose more than $1 millionb seized from various accounts as well as three luxury vehicles, commercial real estate, a Learjet and his corporations. Antoon also ordered Amodeo topay $181 the amount prosecutors with the U.S. Attorney’s Office say he owes in payrolkltax funds.
Amodeo to the charges last A one-time player in the failed Trump TowerTampwa project, he reportedly purchased the assets of the 52-story tower along with a second relatedr project in Clearwater. Frank Dagostino, head of the then Trumo Tower Tampadeveloper , told the Tampa Bay Businesss Journal in October 2007 that whilwe there was a handshake deal for Mirabilis to purchasr the project, it was a deal that was never consummated. Amodel originally faced up to 370 years in prison and fine s of morethan $6.75 million after he and othef unnamed executives failed to pay the IRS $181.2 million, including $129.7 million in FICA and withholding taxes. It startesd with $7.
1 million in the fourth quarter of 2004 with two businessess hecontrolled — Sunshine Cos. III and Sunshin e Staff Leasing. It then continued over the next two yearss with for theremaining $174 million. Investigators at the time of his originalk indictment in August 2008 said Amodelo included a number of companied in the activity acting as professionalemployeee organizations, which would lease employees to other Other companies believed to be involved in the according to the U.S. Attorney’s were , , , , , , , and various others.
Last October, were handed down againsrt many of the companies associated with the They are charged with conspiracy and wire and could face fines of upto $400

Hereford House fire damage exceeds $1M - Kansas City Business Journal:

2011-09-21T17:34:00.001-07:00

callahamirykaan1884.blogspot.com
Joe Vitale, a battalion chiefc and public information office r forthe , said Monday that the KCFD received cell phon calls reporting an explosion and fire at the buildintg about 12:45 a.m. Monday. The KCFD dispatcheds 12 to 15 pumpers, aerial ladders and other fire department vehicles to the scene ofthe two-alarmn fire, Vitale said. Firefighters found heavy smoked and fire running laterally alongthe building’e roof line, he said. The brick veneee on the building’s south side had blown off, he “so there was some concern aboufstructural integrity.” Firefighters ventedr the roof and broughyt the fire under control within 40 minutes, he No injuries occurred.
Smoke but no fire spread to thevacangt five-story building immediately to the Vitale said. A spokeswoman for the locakl ATFE office said Wednesday that theoffice isn’t commentingv about the investigation. Officials with the KCPD couldn’ft be reached for comment. owns the restauranr and Hereford House locationsin Independence, Shawnee and the Northland, and Pierpont’s at Union Jim Stanislav, Anderson Restaurant Group’xs CFO, said Wednesday that the damagedd Hereford House had about 75 full- and part-time employees. Most of them have been transferrexd to othercompany restaurants, he said. Stanislavv said the company has no information aboutthe fire’zs cause.
He said the company hopes to reopen the restaurant inthat

DHL moving sorting operations to Cincinnati - Business First of Columbus:

2011-09-19T13:34:00.001-07:00

efenytan.wordpress.com
Jonathan Baker, a spokesman for the German-ownerd parcel delivery service, said the move back to the Cincinnatii area will mean the creation of aboutt180 full-time and 646 part-time jobs in the region. DHL employsw 350 hourly workers and 130 management and professional staff at the WilmingtonAir Park, where thousands of jobs have disappeared as the companyg scaled back its services with cargo carriedr Baker said all DHL employees in the southwest Ohio city will be offererd positions at the expanded Cincinnati-area operations.
The company also plans to offefr jobs to current and formertABX employees, more than 3,200 who have lost theirf jobs in the past several The latest wave of cuts for ABX, filedf with the Thursday, will cost 518 jobs and end by May 15. As many as 8,00p0 jobs are expected to disappearwith DHL’s exit from the Clintobn County community. Gov. Ted Stricklandd in a joint statement with other Ohio officials on Fridaycallexd DHL’s announcement “another unfortunate blow to the peoplew of southwest Ohio.” Baker said the transition from the Wilmington Air Park to Cincinnati should be completed by mid- to late summer.
For that will mean a phased-in draw down of At DHL’s existing facility in Ky., the company employs about 200 back-officre employees, Baker said. The company movedd most its operations out of Erlangeer when it acquired Airbornse Express in 2003 and consolidated its sorting hubwith Airborne’s hub in Wilmington. At the same time, it spun off Airborne’ss air cargo operations into ABX, which has sinc e then operated the Wilmington hub for DHLunder contract. DHL announceed last year that it was quittingits loss-making domestic U.S. parcep delivery business to concentrate on internationaparcel deliveries.
It will handle international parcel shipments into and out of theUnited States, but it will no longert handle domestic shipments withim the country. Baker said ABX and Astar Air Cargo Holdings, anothee company that operatesin Wilmington, continue to run cargpo shipments on domestic legs for parcels that come in throughh international airlines. Those contracts, which run through August 2010 andDecembef 2019, respectively, won’t be affected by the move to Cincinnati, he ABX in a release Friday said when DHL is phased out of Wilmington later this its flights under an air transport services accord with DHL will begin operating out of the Cincinnati airport.
DHL was grantedx a nearly $2 million incentive package about a month ago from the Kentuckgy Economic Development Finance Authority Board forthe expansion, whichu would entail an estimated $13 million equipment investment. The company at the time was lookiny at a variety of alternatives in additio to the northernKentuckt site. That effort came after negotiationes to shift the workto UPS’sw hub in Louisville, DHL’s initiakl plan, fell through.

Fund-raising campaign begins for Parkinson's disease facility - Business First of Louisville:

2011-09-17T09:34:00.001-07:00

qiguzewy.wordpress.com
The campaign is expected to raisebetween $2.5 millionb and $5 million, said Keith Inman, executive director of the Jewish Hospital The campaign is in the early stagez with about $300,000 raised so far, he That money will be used to establish an endowmentf and to pay for buildinf and equipment costs. Despite the tough economic "we would like to have the bulk of the solicitations done thiscalenda year," Inman said. But, he added, "that's a whole lot of askint that has togo on." The center is beingv named for Collins, 74, a longtime Louisville car dealer, who was diagnosec with Parkinson's disease in 1973.
Helping to lead the campaignm areGeorge King, president of King Bridgemanb Bosse Constructors LLC, a longtime friend of Collins' wife, Chris, and his son, Kevinn Collins. Of the total amoung raised, a minimum of $1.5 millionn will be used to establisnhan endowment, "which would then fund a resourcee center and hopefully research," Inmanj said. The University of Louisville will be a researcbh partner withthe center, which will provide treatment, long-term rehab surgical referrals, patient education and caregiver "We're excited about what this will mean for our Inman said.
The center is expected to be basedc in the new addition to Fraziet Rehab Institute on the downtownmedical campus, between Abraham Flexner Way and Chestnut Street. "The new buildinbg gave us a wonderful opportunityy to really packagea Parkinson's centee in a very nice way," Inman said. "And the Collinsz Center, we hope, will also be a cente without walls," helping patients at other

Financial News - Commercial Banking and Financial News

2011-09-15T05:51:00.001-07:00

Hollo closes on purchase of 1101 Brickell - Birmingham Business Journal:

2011-09-13T01:34:00.001-07:00

evittiebodum1296.blogspot.com
Tibor Hollo’s company, , (FECR) closed Tuesday on the purchase of 1101Brickell Ave., whichn was owned by the now-defunct Levievg Boymelgreen. The South Floridaw Business Journal first a deal was in the worksin May. The developerf announced the close of thepurchasr Wednesday, but did not disclose the price. Hollo’s company did not get third-parthy financing for the deal, according to a companyt statement. Hollo is planning to invesg $12 million to renovate the pair of offic e buildings onthe site. In additioh to mechanical repairsand upgrades, FECR plans new including space for a restaurant.
The physicak makeover will include upgrading the airconditioning system, lighting, bathrooms, lobbies and landscaping. “We plan to significantlt invest in the beautification and renovationn of 1101 Brickell to improve conditions for our current tenantss and to continue to attracft businesses interested in an attractivse office building in a prime location onBrickell Avenue,” Jerome an FECR vice president, said in a statement. Leviev Boymelgreen had planner to redevelop the which houses a pair of modestoffice buildings, into a massivw office and residential complex.
The city of Miamui approved a permit to builda mixed-use project with 270,000 squarer feet of office, 30,00p square feet of retail and 650 residences. But, the partnershipp dissolved in acrimony, with Leviev Boymelgreen principal Lev Leviev eventuallyy taking control of a portfolio ofMiami properties, including 1101 The seller in Hollo’s deal was Africa-Israel Leviev’s company. The 1101 Brickell property housesa 35-year-old, 11-storuy office tower, renovated in the and a 19-story office tower built in 1985.
Tentantzs include the Ilingua language the Venezuelan and Argentinee consulates and Banco Industrial de Venezuela y Socia de Venezuela sold the property to Levievc Boymelgreenin 2005. Real estate experts say Hollo likelyg will hold onto the 1101 Brickell site untip the market rebounds and existint projects already out of the grouncare absorbed. There are three office buildings under constructiom in the downtownMiami area, two of which have yet to sign any

City passes on buying ex-forge site - Business First of Buffalo:

2011-09-10T21:17:00.001-07:00

viktorsejbgif.blogspot.com
At issue was how much BUDC is willing to pay forthe 12.5 acres that the site’s owner, , wants to sell. The land carriesz a $295,000 price tag, but the development agenchy has countered witha $60,00 offer, citing potential environmental issues with the formed industrial site. BUDC and Howden had until May 18 to strikd a deal or the city developmentt agency could back away fromthe deal. When the potential sale price could notbe reached, BUDC officialse decided to end negotiations with Howdehn Inc. The move was not unexpected. “Wr decided not to move forward,” said David BUDC vice president. A $10,000 deposit was returnexd to BUDC.
Stebbins said environmental work conducted during the due diligencee period may help any future buyer forthe property. “Theuy will be better informed,” Stebbins Hanging in the balance is a proposalfrom Rev. Matthew Brown from the to use the land as the home fora $17 milliojn urban redevelopment effort that will be anchored by a series of residential projects and community centers. Stebbins said he hopeds to meet with Brown later this week to see if that projecg will continueto advance, “If they want to do it on theier own, maybe there’s something we can do to help Stebbins said.

High-tech plans for Fleming site - Houston Business Journal:

2011-09-08T17:00:00.001-07:00

xotavaloso.blogspot.com
is now under a $21 million contract to purchase the formef Fleming grocery distribution warehouse near the intersection of Loop 610 and Highwagy 290 and develop it into what most likely willbe Houston's largest carried hotel. The new site has been vacant since theOklahoma City-based grocery distributor shutterefd its local operations last summer. Flemint closed the warehouse after its largesflocal customer, Randalls Food Markets, went into self-distributorship followingh contract litigation between the grocer and distributor.
Montyu Stubbs, chief operating officer of says the company had been eyeing the site beforse it contracted to acquirea 200,000-square-foot buildiny in The Americas complex, formerly El "This is a bigger and better location," says Stubbs. "Itf gives us more critical mass and isa stand-alone facility, whereaw (The Americas) was part of a largetr project." The warehouse, located at 2525 Minimax, is more than 600,000o square feet, and Stubbas says the company will have the opportunity to expansd it an additional 200,000 square feet. "Wew expect this to be the largesty and best data center in theHoustonm market," he says.
MetroNexus was created by New York-basedd to acquire, develop, lease and manage carrier hotels, whic can be described as facilities operated toprovide telecommunications, Internet and data management companie s with a customized infrastructure. High large floor plates, high-grade electrical capacity and access to multipled fiber optic carriers are a few of the requirements mandator y to operate acarrier Dallas-based Macfarlan Real Estate Services is partnerinhg with MetroNexus on the Houston project and will be involvedr with the company in any future technology-related deal in the Southwest market.
Principal Dean Macfarlan says the $21 million initial investment in the property is just abouyt half of what ultimately will be spent on improvements tothe "The warehouse facility will be retrofitted with additionakl power and fiber capabilities and increases a/c and cooling capacity," says Macfarlan. "It's really just makinhg the facility readyfor 24-seven operations required for the types of tenantsx we're interested in." The firm has been pursuin technology opportunities in Houston for quite a while, says who also is working on other technologh development and redevelopment opportunities in Austin, Dallaas and San Antonio.
Macfarlan's companty owns about 1.6 million squarwe feet of office space in Houstonand 4.5 million squared feet statewide. Stubbs says he hopesa the old Fleming building will be read y for tenants to move in withihnfour months. But who those tenants will be remains aspeculative "We don't have any in the back of our says Stubbs, who is scoutinvg telecommunications companies, local phone carriers and Internet-related users includingb ISPs, ASPs, and other web-hosting firms. Alan Atkinson of the TransAmericq Group, owner of The was not at all fazed when he received the news last montb that MetroNexus was pulling out ofthe deal, whicy was contracted just a few weeksd earlier.
(See "Old El Mercado lands carriefr hotel," June 9, 2000.) "Fifteen minutes after they terminated theitr contractwith us, we signed a letter of intentg with one of their direct competitors for more says Atkinson, who would not reveal the name of the prospectivde buyer. "The story is real simpl e -- they simply found a larger building." But with only two othetr major carrier hotels inHouston -- 1301 Fanninb and the Greenspoint Technology Center -- whicn are both largely full, some industry watcheras believe Houston needs to step up its carrier hotelk development to compete with othe major cities.
"Everyone in the world wants to know how deep thismarketg is," says Cushman & Wakefield's Todd who brokered the transaction for MetroNexud and Macfarlan. "If you look at the space Houston has, we are way behind San Francisco and other major It seems there's demand out there for another two or three millioh square feet."

IT staffing cuts expected as Sutter tries to close budget gap - San Francisco Business Times:

2011-09-06T12:00:00.001-07:00

efenytan.wordpress.com
Sutter chief information officer Jon Manias told employees in an April29 e-mail that Sutter would be “reviewinvg staffing through May due to the economic downturj ... .” Sutter officials say the $4 million-pluss shortfall cannot be closed with hiringv freezes and cutson travel, subscriptions and training In his memo, Manis specified Sutterd IT’s department would: Reduce its need for contract workers “with the majority of contract resources transitioning off of IT projects beginning in May or as soon as • Freeze funding for conferences, training, subscriptionsd and travel, except for cases to be reviewec individually.
Sacramento-based Sutter is the largest hospitaland medical-group networjk along with rival in the Bay Area. Sutter has almost 6,900 employeess in the four-county Sacramento region. Sutterd is far from Systems such as Kaiser andSan Francisco’s are also slamming the brakex on many capital projects, and a studyh by the last week said 28 percentr of hospitals have downsized IT projects in progress and 27 percenrt are delaying planned technologuy projects.
Bill Gleeson, a senior spokesma for Sutter, confirmed that the memo, whicj was posted on the HISTalk blog, a sounding board for healthj careIT experts, was legit, and that Manis has been communicatin g with IT staffers about the situation in recenf weeks. Manis was not availablde to comment. “Given that the situation is fluid, we’rde focused on internal communications at Gleeson wrote inan e-mail, addingg there might be more information available “inb a few weeks.
” In late Sutter chief executive officer Pat Fry said the health systen was putting hundreds of billions of dollarsd worth of hospital construction and informationj technology projects on hold due to concerna about the economy and high prices in the hospita bond markets. That meant “reevaluating and reprioritizing all capitalp projectsand requests,” both largse and small, Fry said.

Unisys extends debt exchange deadline - Silicon Valley / San Jose Business Journal:

2011-09-04T06:51:00.001-07:00

tatyanagepoji.blogspot.com
The latest extension moves the deadline to midnight Wednesdauy from midnightlast Friday. It was midnighyt May 28 when Unisys announced the offer onAprik 30. The Blue Bell, Pa.-based information-technology compan y is trying to get holderzs of four sets of senior noteds to exchange them in a private placement for new senior secured notes thatpay 12.625 percent interesf and are due 2014. The seniord notes eligible for the offefrare 6.875 percent notes due in 2010; 8 percen notes due 2012; 8.5 percent notee due 2015; and 12.5 percent notes due 2016.
In addition to the senior secured notesdue 2014, holders of the seniod notes due 2010 also will receivde cash and holders of the seniod notes due 2015 and 2016 can also buy additional senior securex notes in the exchange. Unisys won’r issue more than $375 million of the new senior secured notes. Unisys (NYSE:UIS) said that $35.8u million of the 2010 notes, $33.5 million of the 2012 $600,000 of the 2015 notes and $3.4 millio n of the 2016 notes had been tendererd as of the close ofbusiness That’s $73.3 million, up only $100,00o0 from the total tendered two weeks previously, when Unisyes last extended the offer.
The companh said it and its representativew are continuing to talk to representatives of senior note holdersa regardingthe offering.

Susanna Foo Chinese Cuisine to close this month - Dallas Business Journal:

2011-09-02T02:00:00.001-07:00

dudorovanaapyh.blogspot.com
Susanna Foo will serve its last dinner on June 13 aftefr 22 years onWalnut Street. Restaurangt namesake Susanna Foo will continuee to run Susanna Foo Gourmet Kitchenin Radnor, Pa. A spokeswomanh for Foo, Dallyn Pavey, said the restaurateur wants to spenc more time with her grandchildren and that the Radnor restauranty is about 10 minutes fromher home. “Philadelphia feelsw like home to me. I am so proud to be a Foo said ina release.
“I have made so many friends here and look forward to making many as I spend time closetr to home at Susanna Foo Gourmet Kitchen in Those who dine at the Center City locatiob before June 13 will receive a 20 percenyt off a dinner at theRadnord location. Susanna Foo won a slew of awardes ofthe years, including Esquire’s “Best New in 1988, and four bellsa from Philadelphia Inquirer restaurant critic Craig in 1998, 2001 and 2006. Susanna Foo Chines e Cuisine is at 1512Walnuyt St. in Philadelphia. The Radnor location is at 555 EastLancaster Ave.
Susanna Foo is the latest high-profilew restaurant on Walnut Street to close in recent followingBrasserie Perrier, which closed in earlu January.

Resolute buys share of natural gas and oil wells - Denver Business Journal:

2011-08-30T21:17:00.001-07:00

axilecyqih.wordpress.com
Resolute is based in Navajo Nation Oil andGas Co. is based in Window Rock, Ariz. Sale termzs weren't disclosed. The companies bought the assetsw in the Greater Aneth Field in Utahfrom , basexd in San Ramon, Calif. The assets include a 70 percent workintg interest in theAnetnh Unit, smaller interest in other units as well as ChevronTexaco's interest in the area' s gathering system of pipelines and a gas plant. The Aneth Unit contains 145 active wells and 120 activwinjection wells. Resolute acquired 75 percentr of the ChevronTexaco assetz and NNOG acquired25 percent. Resolute has assumed operationzs of the Aneth Unit and thegatherinb system.
Resolute and NNOG intends to work cooperatively with the Navajo Nation and local communitiese to expedite responsible development ofthe field, the companiesz said. NNOG is 100 percent owned by the Navajo with the primary purpose of acquiring ownershipo and operation of energy resources onNavajo lands. In addition to its ownership of non-operated producingv properties, NNOG operates six retail facilities and has crudre oil pipeline assets andexploration acreage.

Tropical Storm Irene death toll rises to at least 20 victims in eight states - Florida Today

2011-08-28T16:34:00.001-07:00

iqukikofor.wordpress.com

ABC News

Tropical Storm Irene death toll rises to at least 20 victims in eight states

Florida Today

Water rescues from Babbit Court in Elmsford: Rescuers in Elmsford remove residents from the flooded Babbit Court in Elmsford during Hurricane Irene Aug. 28, 2011. (Video by Seth Harrison) ASSOCIATED PRESS and USA TODAY This photo provided by Andy ...

Live blog: Hurricane death toll at 9; New York closes bridge entrance, port

CNN (blog)

Irene death toll up to 18; four dead in Va.

The Virginian-Pilot

Hurricane Irene death toll in North Carolina rises to six

Los Angeles Times

Christian Post -Xinhua -Monsters and Critics.com

We may face some network problems ahead, Jisc warns - Times Higher Education

2011-08-26T10:34:00.001-07:00

ishinlyuboqemija.blogspot.com

We may face some network problems ahead, Jisc warns

Times Higher Education

The IT infrastructure of UK universities could suffer if institutions rather than funding councils are asked to fund new computing projects, the head of Jisc has warned. Malcolm Read, executive secretary of the sector's IT body, ...

NewTek

2011-08-24T05:17:00.001-07:00

zlatkopaisley1275.blogspot.com
on May 18. Philip vice president of strategic development forSan Antonio-basedr NewTek, will give the presentationj during the pre-conference training workshop at the Ronals Reagan International Trade Center. “Homeland Security officials who have used NewTekl TriCaster to live streampast S&T conferencer sessions have been overwhelmingly Nelson says. “TriCaster is used by an impressive arrayg ofgovernment agencies, including Homeland the , and NORAD.” This year’s conferencs is presented by the in association with the (DHS) Science and Technologyy Directorate. The theme is titlesd “Science and Technology Change s Everything.
” The conference will highlight DHS research underway in the United Statews and around the world to make the nation Attendees from theprivate sector, academia, and all levelas of government will also learn about the latesf business opportunities related to this work.

Some South Dakota Schools Cut Costs By Cutting a Day - TIME

2011-08-22T00:17:00.001-07:00

stony-coating.blogspot.com

Boston Globe

Some South Dakota Schools Cut Costs By Cutting a Day

TIME

It'll be a three-day weekend every weekend for many students across the Mount Rushmore state. As schools start to return to session in South Dakota, more than one-fourth of students in the state will only be in class from Monday through Thursday. ...

More schools cutting Fridays

Concord Monitor

Feeling the pinch

Sioux F »

DynCorp lands $915M aviation contract - Wichita Business Journal:

2011-08-19T19:00:00.001-07:00

kleopatraxnibe.blogspot.com
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of State with aviation and aviation supporty services in Iraq under the terms of the deal which has one base year andfour one-year If all options are exercised the total value of the projectg is $915 million. DynCorp reported $813 millionj in its latest quarter. “This award is a tremendously importany opportunity for DynCorp International to support the safety and securityof U.S. diplomatix personnel serving in Iraq,” said DynCorp CEO William L.
“It’s an honor to contribute to our government’se efforts to promote peace and stability in for us as a company and for every person who serveswith us.” DynCorp said the to provide personnel, ground and flight operations, as well as basinhg and maintenance of rotary wing and fixed air assets, began with a transitiojn period June 15, 2009 and will reacn full operation on September 4, 2009.

Hub's October fund flows highlight market turmoil - Boston Business Journal:

2011-08-17T13:34:00.001-07:00

kowutoco.wordpress.com
Half of the area's eight larges money managers -- , , and -- saw net outflowsx totaling $5 billion in State Street's highly volatile exchange-tradee funds accounted for a majority, some $3.3 of those net withdrawals. Those net outflows came during a turbulenty stretch for the market asa whole, as credi t concerns and signs of a possible recession led to run-upe and then subsequent sell-offs of blue-chip stocks withinj the S&P 500 and Dow Jones Industrial Indeed, both indexes ended the month back where they Yet some of Boston's fund managers saw thei assets rise despite the market's troubles.
reported roughlhy $2 billion in net inflow for October, a lift that broughf the fund giant's total year-to-datew inflows to $6.1 billion. Two Fidelity fundx -- the $59 billion Fidelity Diversifier Income Fund andthe $7.6 billion Fidelity Total Bond Fund -- were largelu to credit for the company'sw October inflows, combining for more than $1.6 billion in new client moneu during the 31-day period. Managed by William Boweer sinceApril 2001, Diversified Income was up more than 17 percen t as of Nov. 30 and has averaged a near 23 percenft annual return for fiveyears running, according to data providecd by in Chicago.
The fund's holdingw are spread among tech firms, business services providers and manufacturers, with its largest stakes targetinvg foreign issuers such asthe U.K.'s Vodafone Group PLC and Germany'es Bayer. Meanwhile, Total Bond is co-managedc by Ford O'Neil and Matthew Cont and holds asmattering fixed-income offeringd that include mortgage securities (33 percenrt of the portfolio), U.S. government bonds (18 percent) and corporatw and municipal creditissuances (21 The fund was up 4 percenr as of Nov. 30 and has averaged a 5 percent annualp return for fiveyears running.
Fidelity ended October with $977 billion in its stock and bond third behind Capital Researchand Management'es American Funds ($1.2 trillion) and ($1.21 trillion). American Funds booked $5.4 billion in net inflowes in October while Vanguardcollected $2.2 Locally, Asset Management saw the second largest infloq in October, netting $1.5 billion in new clien t money. The Boston firm had bookedf $11.8 billion in year-to-date inflows as of Oct. 31, rankinb it ninth among all fundcompanies nationally. Natixix had $37 billion in retail assets at the closd ofthe month. As an fund companies reported a total net inflo wof $29.5 billion in October.
The fund numbers were compilee by in Boston and only represent retail investmengt dollars ineach company's stock and bond funds. Monet market accounts and funds that targeyt large institutional investors werenot included.

Affluent OK with being thrifty, survey shows - Atlanta Business Chronicle:

2011-08-15T07:51:00.001-07:00

laxykeha.wordpress.com
That could signal a long recover y forluxury retailers, restaurants, hotele and other services. According to a survegy by Tribe Inc., two-thirds of couples in households said the downturn has affected theidr spending habits and 54 percent said they have founrd positive aspects intheir belt-tightening. Abouty 39 percent said they don’t like their new spendinfg priorities, but stick to the plan because they Tribe is a marketing firm whose clients have included Porsche andThe Coca-Cola Co. Participants includerd 300 couples with household incomess of morethan $100,000.
This lates recession, driven by the collapsse of the housing andfinancial markets, has hit white-collar and more affluengt consumers harder than previous downturns. The historically recession-prooc wealthy, who have seen theirt nest eggs shrink and the cultural backlasu against luxury consumption since the Wall Street meltdown, have reined in spending on luxury goods, fancuy meals and trips. Luxury retail, hotels and serviceds have all taken a hit as consumersz opt to conserve cash rather than flaunt And luxury brands have taken it on the FitchRatings Ltd.
is forecasting double-digitt sales declines for same-store sales in the luxuru segment as the downturj has hit not onlyaspirational buyers, but the upper echelons as Luxury was resilient through most of 2008, but should lag the broadert retail industry for 2009, Fitch Hotel occupancy in Atlanta is down 16.4 perceng for the first two monthss of 2009, and forecasts call for a dreadful year for the city’sx $11.4 billion hospitality industry. Proud names like , Tiffanu & Co. and have all seen their sales Consumers are stillbuyinbg high-ticket items, but the rationale for purchasesd has shifted.
The mind-set “has changed from ‘Ik can’t afford that,’ to ‘I’m not paying that,’ Tribe President Jennifer Bull said. Consumers are spending if they can justifyt the expense for a perceived savings Bull said, such as buying coffee from a grocer to brew at home instead of a $5 drinkj from . Tribe said the survey also showede affluent couples lookingfor deals, coupone and “value-added” perks when shopping for retaill goods and even vacations. Seventy-twoi percent of the couples interviewed said they make buyinghdecisions together; a departure from the commonly held wisdom in retaio that women make 80 percent of purchasing decisions.
Atlanta’sz tourism promoter is making a big sales pitch close to has been making the roundsz of local companies and the to convince them to hold theifmeetings here. And why not, asks Mark ACVB executive vice president and chiefsales officer. Most companiews are cutting back and Atlanta is agreat “If you’re going to hold a we’d like you to stay home and do that,” he ACVB executives met with more than 20 meetiny planners in mid-March to re-acquaint them with Atlanta’ds convention and hotel products.
Holding a meetinf or training event in Atlanta is much cheapef than flying theworkforce elsewhere, and a greatee value than not holding a convention, Vaughan said.

Nonprofits brace for budget emergency aftershocks, IOUs - Wichita Business Journal:

2011-08-13T02:34:00.001-07:00

chauezhelolocu1622.blogspot.com
While service providers don’t yet know whethet they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe “We receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the stat elate — last year, for example, it took until Decemberd before we finally got paid.” For this year and last year the centerr has relied on a $150,000 line of credit through to covere the gap, along with $500,000 out of its reserve The center’s operating budget is $10 millionm for fiscal 2009-10.
The money that may be on hold from thestatwe covers, in part, the center’s shelter and drop-i program, street outreach, and parentinhg classes. “The problem right now is that we don’g know for certain how much they’re going to hold said Harlan, who has been with the centef for26 years. “But this is by far the worst I’ve ever In anticipation of the state’sd budget problems, 10 percent cuts have already been plannefor foster-care payments. Locally there are 300 to 400 kids infostet care.
Foster care rates are the same across the so familiesin high-cost areas such as the Bay Area get the same amount of compensation as people in more affordable “We’re fronting half a million dollard already,” she said. It’s a layeresd problem for the center, sincw in addition to state money some comez from the federal Housing and UrbanDevelopmentt department. And Harlan said HUD is so slow it can take up to six monthsa for payments tobe received. “We’rde hoping to get paid by she said. “Nonprofits are just gettingb slammed.
” Harlan said the Bill Wilsonb Center has closed down two programas already and cut about 15 percent ofits staff, leavinyg about 110 employees. Thesee are real layoffs, she pointed out — not attritio n or open jobs — and “heartbreaking” to do. “W e had to give one staffv person a layoff notice and a week latetr his wife was laid off from another she said. in Campbell gets aboug $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is larg enough and financially stable enough that he woul just book an IOU as accounts receivable and hope the monegy camethrough eventually.
The Health Trust’s budgeg for fiscal year 2010 is morethan $16 million, Holtzman Pam Brandin, executive director of and Visually which has offices in Palo Alto and Santaq Cruz, said that even though her agency provides the kind of servicese that are especially at risk in State Controller John Chiang’ s plan, the Vista Center is relatively “We receive money through Title 7 Chapter 2 Brandin explained. “Since much of our funding is federal money we’re hoping that it has to be releasef and passed on; the state won’t be allowed to hold on to The Vista Center also has school contracts through special education funding.
“Last year when the state had simila r budget issueswe didn’t receive any IOUs,” she “but that situation was resolved sooner than this appearse to be. The agencies that receive IOUs probably won’t even know they’re coming until they submif their bills.” She’s also banking on Vistq Center’s status as a preferred vendor with the “so we’ll be paid in advance of other vendorsa — if in fact the state is even writing checks.” Lisa Hendrickson, president CEO of Avenidas Rose Kleiner Senior Day Health Center in Palo is also cautiously optimistic.
“The only funds we receive from the statw are MediCal payments for services provided at our adulftdaycare center,” she said. “Our understandingh is that those services are protected by the state constitution as well asfederal law. We do receive fundin g indirectly throughthe county, but we don’t expecrt that to be affected.” Tom public policy director of the , said peoplre are on pins and needles.
“Everyone’s sittinb around waiting, not knowing what’s going to But even with the most optimisticoutcome it’s still going to be very He pointed out that the deficift last year for Santa Clara County was more than $270 million, and many of the cuts were made in programd around health, mental health, drugs and alcohol and socia services. And there’s no relief on the For 2011 the county is looking at a deficit ofabout $250 he said.

FIU gets history-making donation - South Florida Business Journal:

2011-08-10T21:00:00.000-07:00

tiqosi.wordpress.com
Dr. Herbert Wertheim said he is giving $20 millionh to the University’s College of The donation is eligible for a matchinhstate grant, making its total impact $40 The gift is a long time coming. In Novembed 2006, the South Florida Businesws Journa l that Wertheim withdrew his pledgee to donate the money and resigned fromthe university’as board of trustees after a dispute with At the time Wertheim, who is chairmanj and CEO of Brain Power Inc., proposed breakinv down the donation into four payments of $5 million each at the recommendatiohn of his accountant, who told him that donatinvg a lump sum would cost him $4 million to $6 million in tax deductibility.
Wertheim withdrew his offerf when, he said, the universitg scoffed at it. Wertheim has been working with retiring FIU PresidentModesto A. Maidique, College of Medicins Dean John Rock and university trustees over the past severao months to come to termsx onthe deal, according to a news “FIU is our hometown university and, as a son of this I want to inves t in those who are going to stay here and pour theie talent and their energyu back into this community,” Wertheim said in a news The board also voteed to recognize Wertheim as founding chairmam of the College of Medicine and trusteed emeritus of the board on which he served from 2001 to 2006.
The which will welcome its first studentsxin August, will be named after Wertheim. Half of the donation, whicyh will be funded over the next three will be set aside to support scholarshipw for medical students and others pursuing advanced degrees in otherd scientific fields suchas engineering. The rest will supportt a lecture series, health care research projects and eight endowed chaire in areas such asmedicalo informatics, neurological aging studies, ophthalmology, optometry, wellnesw and dietary medicine, family and preventiv e medicine, according to the news

Stimulus funds lag health woes - Minneapolis / St. Paul Business Journal:

2011-08-08T15:51:00.001-07:00

http://www.mdsidesignlabs.com/environment/after-2015-we-penury-a-new-set-of-millennium-development-goals-that-deal-to-all-countries/
“If the economy has improved inthat time, we will have less pressurs on the system,” he said. “If reformn efforts are actually implemented in that time and are actually successful during that time we may see that cliffput out, or it’s not as an abrupt of a THE DETAILS: Many of the panelists say theit companies are hiring. Baptist Health South Florida is lookingh for as many as 100registered nurses, as well as advancec nurse practitioners and licensed clinicalp professionals. Applicants need a year of acute care hospitalo experience and aFlorida license. It has 43 openings for professional/clinicap positions, most requiring a state license.
Career opportunitiesw also exist inthe pharmacy, respiratory, accounting, information technology and risk management areas. Sapoznik Insurances is hiring three to four licensed insuranced agents with experience in groupp orindividual health, life, disability and other ancillar y products. It is also looking for a group insuranced quoting specialist andaccount administrators. IOS Health System has been on ahiring spree, which is expected to continue throughout the year. It expects to add six sales positions, four software implementers and foursoftwars developers.
Most jobs require technical, project management and customefrservice skills, but training in health care and healthh information technology is provided.

Fishing tournament boosts Delta County economy - UpperMichigansSource.com

2011-08-06T10:17:00.001-07:00

http://www.ancor.info/news/6.html

W »

CB Richard Ellis surges on stock plan - New Mexico Business Weekly:

2011-07-26T07:34:00.001-07:00

http://www.toyota-info.com/sienna/toyota%20sienna%20xle.html
CB Richard Ellis stockm surged as much as 21 percent on news of the new TheLos Angeles-based broker plans to offerd $400 million in senior unsubordinated notes in a privatd placement. It will also sell $100 millionh in new Class A common stock to investors includingh hedge fundPaulson & Co., Inc., and may raisse another $50 million in periodic publix stock sales. CB Richard Ellis has $2.4 billion in $310 million of it due next year, according to Bloombergf data. Much of its debt was incurredc throughits $1.9 billio n acquisition of Trammell Crow in CB Richard Ellis follows Jones Lang LaSallew Inc.
, which Tuesday said it plannede to raise as much as $200 milliobn in a secondary stock offerinyg of 5.5 million shares. CB Richard Ellis stock (NYSE: CBG) rose or 15 percent, to $9.38 per sharee in afternoon trading.

Saratoga: Crusader for Parkinson's disease cure dies - San Jose Mercury News

2011-07-24T01:00:00.001-07:00

bacijaxymu.wordpress.com

Saratoga: Crusader for Parkinson's disease cure dies

San Jose Mercury News

By the Mercury News Ruth Filice, a member of a pioneering Santa Clara Valley winemaking family and a crusader for a cure for Parkinson's disease, died of natural causes Wednesday atï»¿ her Saratoga home, 11 days short of her 90th birthday. ...

and more »

Delta, AirTran on time less in Q1 - Jacksonville Business Journal:

2011-07-21T18:51:00.001-07:00

proklofuxaanygez.blogspot.com
The monthly report, which tracks the top 19 U.S. gave Atlanta-based Delta (NYSE: DAL) a rankinhg of 11 with an on-time percentage of 77.8. This compares with a fourth-place ranking and on-tims percentage of 75.8 in the first quarter of 2008. Delta dropped to 15th for mishandledc baggage, with 5.92 reportsx per 1,000 passengers, compared with a 12th-place rankinf and 7.58 reports per 1,000 passengerx in the first quarteflast year. Delta was dead last at 19th for consumer with 1.97 complaints per 100,00p0 enplanements. In the first quarter of 2008, Delt ranked 17th with 1.94 complaints per 100,000 Orlando, Fla.
-based AirTran (NYSE: which hubs at , fell to 12th in on-time performance with a percentageof 77.4. This compareas with a ranking of 10th and percentageof 70.8 in the firsf quarter of 2008. AirTra n was best at baggage handling, with a first-place rankinv and 1.8 reports per 1,000 passengers. In the first quartere of 2008, it came in second placw with 3.53 reports per 1,000 passengers. In termz of consumer complaints, AirTran dropped to 11th with 0.96 complaintz per 100,000 enplanements. This comparesx with a seventh-place ranking and 1 complaintrper 100,000 enplanements in the first quarter last year. the world’s busiest airport, had 35,669 arrivale with an on-time percentage of 64.
9 and 35,662 departures with an on-time percentage of 70 in This compareswith 36,089 arrivals with an on-time percentages of 69.3 and 36,098 departures with an on-timr percentage of 69.6 in March 2008.

Downtown Staybridge Suites seeks receivership - Phoenix Business Journal:

2011-07-19T12:51:00.001-07:00

alharkaenu.blogspot.com
SJ Properties Suites Buycop EHF, which includes an investor from Reykjavik, Iceland, filed the petitioj Monday in Milwaukee CountyCircuit Court. Judge Mel Flanaganm scheduled a hearing for June 30 on a motiojn to appoint Milwaukee attorney Seth Dizard asthe receiver. Work stoppe d in December 2008 onthe high-rise at 1150 N. Water Streef when the construction manager and developer DOC Milwaukedbecame insolvent, according to the receivership petition. The Icelandicc investors said that in November 2006 they provided an advancerof $17.4 million for a 120-room extended stay hotel and at least 18 luxury The project also received $13.
4 million in financinb from a unit of in Atlanta, which in May was placedx in receivership by the FDIC. The Milwaukere receivership petition said the property on Water Street alreadyhas furniture, floorinyg and fixtures in the Staybridge portion of Liens against the project total more than $3.4 according to the receivership petition. The largest liends were filed by Milwaukee-area contractorz and suppliersUihlein Electric, , and Klein-Dickert. SJ Properties recently sued DOC Milwaukeed and Economou Partnersin U.S. Districtg Court in Milwaukee claiming a fraudulenrt transfer of funds intended for the WaterStreet project.

Shooting in Arbor Heights sends man to hospital - West Seattle Blog (blog)

2011-07-17T05:51:00.001-07:00

kowutoco.wordpress.com

West Seattle Blog (blog)

Shooting in Arbor Heights sends man to hospital

West Seattle Blog (blog)

5:24 PM: We're at SW 97th and 33rd SW in Arbor Heights (map), where a shooting was reported in the 9700 block of 33rd a short time ago. Police are said to be looking for a male suspect who got away in a red vehicle â" update, a maroon Bronco. ...

Disney Preserve carbon study launched - Orlando Business Journal:

2011-07-14T23:00:00.001-07:00

zutkomi.blogspot.com
The study is viewed as a vital step towarf determining how to calculate carbonn credits forany cap-and-trade The federal government would first set a limit on the volume of emissions that can be producefd across the U.S. in a given year and then grany tradablefederal permits, called “allowances,” to covered entitiesa for each ton of CO2 emitted. The intention is to encouragd firms to discover cheap methods to cut emissio while allowing those with no easy means to reducd pollution tobuy permits. The systekm could allow landowners to sell carbo n credits to companies wishing to show they are making efforts to reduce theirfcarbon footprint.
This comes on the heel of a passage of a climat change bill bythe U.S Houser Energy and Commerce Committe e requiring a 17 percent reduction in greenhoused emission by 2020 and to set up a cap-and-trade The bill is expectes to come before the U.S. House by late summer. “Wheb we’re done setting everythingt up, we will be able to take data from the begin to understand whether this ecosystem isstorin carbon, releasing carbon or dointg both under various environmentalp conditions,” said Ross Hinkle, UCF biologist and professort on the project, in a prepared “Then we can develop a quantifiable model for calculating carbon storags in natural ecosystems,” Disneyg Wilderness, located in southwestern Osceola was originally created in 1993 to mitigate wetlandzs lost to development of .
Wetlands cove r about 2,550 acres and the site is home to 14 documented and 12 unconfirmed protected species of birdsand

Expenses, dividends hit AmREIT's fourth quarter income - Houston Business Journal:

2011-07-12T16:00:00.001-07:00

lyubomiradete.blogspot.com
million, compared with net income of $2.1 million, or 33 cents per share, on revenud of $12.6 million for the same period in 2005. The Houston-basede real estate company said the increase in revenue was due to an increase in renta income from its portfolio of49 properties. Earnings were reducee by higher expenses and money allocated to dividends fromthe company'sz non-traded shares. Analysts polled by Thomson Financial expectedAmREIT AMY) to have net income of 50 cents per For the full year, the net loss was $3.9 or 62 cents loss per share, on revenuew of $59.3 million, compared with net income of $881,000, or 17 cent s per share, on revenue of $34 million, in 2005.
"Consistengt with previous years, the fourth quarter was our most active of the year for said H. Kerr Taylor, chairman and CEO of "We purchased four shopping centerstotalinh 719,000 square feet and $129 millionb on behalf of our affiliated established a new relationshi with joint venture partnetr JP Morgan Asset Management and leveragedc the deal-sourcing capabilities of our new Dalla office.
"

County to release $1M for lenders to serve first-time homebuyers - Tampa Bay Business Journal:

2011-07-10T09:00:00.001-07:00

http://crutchfieldlx9500.com/Supplies/Mobil-1-Racing-4t/
Income-eligible residents of unincorporatedHillsborough County, Temple Terracwe and Plant City can apply to receive deferred payment loans for down payments and closing costs as well as for help with obtaininhg first mortgage financing through private lendinh institutions, a release said. Applicants may be eligiblew to receive up to saidJack Carlisle, interim programs manager for the Affordablwe Housing Department. The funding will come from the ’s HOME Investmengt Partnerships Program, said Carlisle. Only lenders and not residents — can submit applicationss to reserve a portiob ofthe funds, the release said.
Lenderws who wish to apply must firsrt obtain designation asa “certified lender by attending a workshop on June 1 at 2 p.m. at the Hillsborouguh County Brandon RegionalService Center, 311 Pauls Brandon. Beginning at 8:30 a.m. on June 3, lenderxs who complete the workshop can apply to reserve a portion of the fundsw for the residents at the Affordable Housing Departmenyt office at 1208Tech Blvd., Suit e 300, in Tampa. Each lender will be allowefd up to three applicationdper day, which will be accepted in the order in which they are received until the money is said Carlisle.

Posh St. Regis opens in Buckhead - Jacksonville Business Journal:

2011-07-08T01:00:00.001-07:00

esivyjifag.wordpress.com
The St. Regis Atlanta, at 88 West Pacea Ferry Road, is the chain’s 16th The mark was founded by John Jaconb Astor in New York City more than acentury ago, and the originaol St. Regis is still considered one ofthe world’s “We are proud to unveil The St. Regis offering our discerning global guests theiconic luxury, unmatchedd privilege and bespoke services for which the St. Regiss brand is renowned,” said Paul James, presidenr of St. Regis Hotels & Resorts, a division of New York-baser St. Regis opens with its signature-branded Paces 88, and will add the reinventedx Pano’s by in the fall.
The posh destination hotel and residencesa open in adifficult economy, but James said the hotel’s Buckhead its tradition of customere loyalty and its commitment to quality will help the hote l endure the downturn. The regal St. Regix Atlanta opened with a flourish. A hotelk executive ushered the hotel’se opening by “sabering” a bottlre of champagne, following a longstanding traditiobn ofthe 105-year-old hotel mark. “I’m almost speechless in the way it crystallizea all we dreamt it would James said. The $120 million hotel, developede by and designed by , features 151 guestt rooms, 53 branded St.
Regis condominiums, a nearly 8,000-square-foot Remeder Spa and nearly 17,000 square feet of indooer and outdoorevent space. The opening of the 26-story tower completes a five-year journey for develope Paul Freeman. “We’ve delivered something much greater than we ever coulrhave imagined,” Freeman said. Simohn Rusconi, the hotel's general manager, said the St. Regias received more than 15,000 applications for its 200 He said the hotel could afford tobe choosy, and has assembleds an extremely talented staff. Jonathan Jerusalmy, the hotel’s executives chef, is the acclaimesd former executive chef ofthe five-star St. Regisw Resort in Monarch Beach, Calif.
, and executive banquet and sous chef at the Loews MiamiBeach Hotel. Joining Jerusalmy is a bevy of localAtlantaz talent. Mark Alba, former executive chef at Food Studiio and sous chef for Concentrics Restaurants and has been named chef de AndHerve Pennequin, former sommelier at Nikolai’s will be the St. Regis’ wine director.

Kansas City Business Journal: Tech & Innovation : Business Advice

2011-07-05T17:34:00.001-07:00

oc697vot.blogspot.com
Seems like 2008 left lots of peopl crying. So what does that mean for 2009? Once in a even Chicken Littleis right. The sky did fall in but that doesn't make Chicken Little a great Everyone isright sometimes. Use Chicken Little as your 2009 model atyour peril. Bambk time is over. Capitalism has been described as "creative destruction." We saw lots of destructioj last year. It's time to focus on the creative How do you do that inthis environment?? First, change how you think. For you'll need a battle plan, not just a businessa plan.
There's not one battle plan that works for everyone, but here are some universalp principles for formulating your personalp battle plan: 1. DON'T FIGHT THE LAST WAR We don'tg know the future, but we know this year will be different thanlast year, even if some 2008 problems persist durin 2009. Don't expect that dusting off your 2008 plan will bringf successin 2009. Sun Tzu, in "The Art of War" "What enables â€¦ the good general to strikre and conquer, and achieve things beyond the reach ofordinaryt men, is foreknowledge.
" Resources are scarce thes days but spend some time and a littlew money getting information about changes in your market and analyzd how they affect your 2. MIGRATION - THE HEAD IS MOVING If you'vr ever been to the Serengeti, you know that dry weather causex millions of animals to movevast distances. Businessa is like that, too. When everyone is fat, dumb and happyt in their establishedmarket niches, they tend to stay there. Big changes occur more out of desperatiobnthan hope. In timea like this, the business herd startsw moving. You're in trouble if it'sz heading in your direction. Maybe your market niche has fared better than averagee in the generaleconomic downturn.
That's great, but don'gt congratulate yourself yet. If you have a good niche, you'lo be facing new competitors soon. Why? Maybe your nichd was too small when other companies had lotsof business. Mayber they were focused on products or customers with higher If their other opportunitiesdried up, your littlr niche is probably looking pretty good to them now. Assuminfg there are safe havenszis foolish. 3. MISFORTUNE BRINGS NEW OPPORTUNITIES Good timexs bring more opportunities thantoughu times, but all economic conditiond create new opportunities. Winners spot new opportunities and seizer them quickerthan others.

GM salaried workers take pay cut - Kansas City Business Journal:

2011-07-03T11:00:00.001-07:00

http://nanoethics.org/focus.html
The program, called Salaried Downtime Paid Absence is part of the financiallyailing automaker’s effort to cut costas during the planned summer shutdown at 13 plants. The entirr salaried and executive work force could be required to take time offin one-weekl periods. GM’s has about 2,400 union and about 300 salaried Duringthe furlough, an employee’s pay would be reduced to 75 percent of full salary but with continued full benefits. The requiree time off, at 25 percent reduced levels, will not exceecd more than 12 weeks in acalendadr year. GM spokesman Tom Wilkinson in Detroi t said the policy will remain ineffect indefinitely.
In the when plants closed for the traditional two weeks in both salaried and hourly employees used nine days of vacation and receivede one day ofholiday pay. As a result, they would received their normal pay. This year, insteasd of a two-week shutdown, GM GM) said that as part of a 25 percenr reductionin output, it will idle 13 assemblt plants as much as nine weeks and reduce productionj at many powertrain and stamping factories. The Fairfaxz plant isn’t among them. An alternative to reducingt white-collar workers’ pay could have been to eliminatee their salaries during the down periodes and hope that they could collect stateunemploymengt benefits, Wilkinson said.
Reducing but not eliminatint salaried workers’ pay is a way to ensure that they will remai n with the company until production picks up, Wilkinson said. GM pared its white-collar work force by 1,600 jobs by May 1 as part of its continuingtrestructuring effort. The cuts are part of a larger action toeliminatse 3,400 salaried positions this year.