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San Carlos-based Tesla said it will use $365 milliobn for production engineering and assembly of theModel S, an all-electric family sedan that carries seven people and travele up to 300 miles per The Model S has an anticipate d base price of $49,900 after a $7,500 federal tax credit, and Tesla said it expects to startr Model S production in late 2011. The company will use $100 million for a powertrain manufacturing plan tosupply all-electric powertrains for other automakers.Tesla is in the final stagez of negotiation for facilities in California.
The loans are part of the Advancedf Technology VehicleManufacturing Program, which provides incentives to new and establishee automakers to build more fuel-efficient Created in 2007 and appropriatedr in September 2008, the $25 billion ATVM aims to reducwe America’s dangerous dependence on foreign oil and create “greem collar” jobs. “Tesla will use the ATVM loan preciselt the way that Congressintended -- as the capitall needed to build sustainable transport,” said Tesla CEO Elon “We are honored that the U.S. government selected Tesl a to be among the first companiee to participate in thisprogressives program.
”
Friday, December 30, 2011
Wednesday, December 28, 2011
FDIC creates advisory panel on community banking issues - Washington Business Journal: Washington Bureau
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FDIC Chairman Sheila Bair saidthe nation'sx 7,000-plus community banks "are the lifebloodd of our nation's financial supplying much-needed credit to countless individuals, small businesses, nonprofit organizations and other entities in large and small towns around the The Independent Community Bankers of America praised the FDIC for forminhg the advisory committee. "ICBA looks forward to workingv with the committee in their effortd to identify and prioritizr issues of concern forcommunityy banks," said association Chairman R. Michael Menzies, who is presidenty and CEO of Easton Bank andTrust Co. in Md.
One current issue of concerbn for community bankers is a proposakl to create a singlew regulator for federally charteredbanking institutions. That woulxd "ultimately disadvantage" community said ICBA President and CEOCamdenh Fine. For more information, see
FDIC Chairman Sheila Bair saidthe nation'sx 7,000-plus community banks "are the lifebloodd of our nation's financial supplying much-needed credit to countless individuals, small businesses, nonprofit organizations and other entities in large and small towns around the The Independent Community Bankers of America praised the FDIC for forminhg the advisory committee. "ICBA looks forward to workingv with the committee in their effortd to identify and prioritizr issues of concern forcommunityy banks," said association Chairman R. Michael Menzies, who is presidenty and CEO of Easton Bank andTrust Co. in Md.
One current issue of concerbn for community bankers is a proposakl to create a singlew regulator for federally charteredbanking institutions. That woulxd "ultimately disadvantage" community said ICBA President and CEOCamdenh Fine. For more information, see
Monday, December 26, 2011
California's unsold home backlog shrinks - Washington Business Journal:
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months in April, compared with 9.8 monthsw a year ago. reported Thursday that the median numberr of days it took to sella single-family home declined to 48.7 days, compared with 51.8 days in Apriol 2008 Home sales increased 49.2 percent year over while the median priced of an existing home declined 36.5 CAR reported. Closed escrow sales of single-family detached homes in Californizatotaled 540,360 in April at a seasonallyg adjusted annualized rate, according to information collected by CAR, and the median price of an single-family detached home in California during Aprilo was $256,700, a 36.5 percen t decrease from the revised $404,470 medianh for April 2008.
Statewide, the 10 citiesx with the highest median home prices in California during Aprikl wereSanta Barbara, $870,000; Los Gatos, $870,000; Newporty Beach, $853,500; Santa Monica, $820,000; Cupertino, $811,000; Danville, Arcadia, $686,090.50; Redondo Beach, $660,000; San Clemente, San Ramon, $630,000, and San $625,000.
months in April, compared with 9.8 monthsw a year ago. reported Thursday that the median numberr of days it took to sella single-family home declined to 48.7 days, compared with 51.8 days in Apriol 2008 Home sales increased 49.2 percent year over while the median priced of an existing home declined 36.5 CAR reported. Closed escrow sales of single-family detached homes in Californizatotaled 540,360 in April at a seasonallyg adjusted annualized rate, according to information collected by CAR, and the median price of an single-family detached home in California during Aprilo was $256,700, a 36.5 percen t decrease from the revised $404,470 medianh for April 2008.
Statewide, the 10 citiesx with the highest median home prices in California during Aprikl wereSanta Barbara, $870,000; Los Gatos, $870,000; Newporty Beach, $853,500; Santa Monica, $820,000; Cupertino, $811,000; Danville, Arcadia, $686,090.50; Redondo Beach, $660,000; San Clemente, San Ramon, $630,000, and San $625,000.
Friday, December 23, 2011
This Bauer bankruptcy traces back to Spiegel events - Pittsburgh Business Times:
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In 2003, , which had owner Eddie Bauer since 1988, filec for bankruptcy protection. And as part of the restructuring, the companyh famous for its women’s wear catalog gave its creditors its stakee inEddie Bauer. So, in Eddie Bauer emerged as a stand-alone companyt for the first time in 34 The company also emerged witha $300 milliobn senior secured term loan agreementt with lenders and the task of rebuildingb a brand that had drifted away from the company’s roots. Undee Spiegel, grew rapidly, from 58 to 399 retailp stores and from three to102 outlets. The company also added internet sales.
But it also was a time when the Eddiw Bauer brand lostits focus, as the company shiftedr from its heritage as an outdood outfitter to a seller of casualo clothes targeted primarily at women. Company executiveas have said the debt terms from the Spiege bankruptcy case have continued to hamper effortd to turn things around at Eddie Despite efforts to recapture some of the old Eddie Bauer has not been able to establisj a sustainable run ofprofitable quarters. The compant racked up nine consecutive quartersof loses, and has seen lossesw of nearly a half-billioj dollars in the past three The struggle became a financial crisiws as the recession has worsenex and consumers have slowed spending.
In 2003, , which had owner Eddie Bauer since 1988, filec for bankruptcy protection. And as part of the restructuring, the companyh famous for its women’s wear catalog gave its creditors its stakee inEddie Bauer. So, in Eddie Bauer emerged as a stand-alone companyt for the first time in 34 The company also emerged witha $300 milliobn senior secured term loan agreementt with lenders and the task of rebuildingb a brand that had drifted away from the company’s roots. Undee Spiegel, grew rapidly, from 58 to 399 retailp stores and from three to102 outlets. The company also added internet sales.
But it also was a time when the Eddiw Bauer brand lostits focus, as the company shiftedr from its heritage as an outdood outfitter to a seller of casualo clothes targeted primarily at women. Company executiveas have said the debt terms from the Spiege bankruptcy case have continued to hamper effortd to turn things around at Eddie Despite efforts to recapture some of the old Eddie Bauer has not been able to establisj a sustainable run ofprofitable quarters. The compant racked up nine consecutive quartersof loses, and has seen lossesw of nearly a half-billioj dollars in the past three The struggle became a financial crisiws as the recession has worsenex and consumers have slowed spending.
Wednesday, December 21, 2011
Urban Lifestyles, Income To Blame For Marriage Disparities - News One
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News One | Urban Lifestyles, Income To Blame For Marriage Disparities News One “Black people also have higher population concentrations in urban centers, which have a lifestyle and cost of living that appear less conducive to marriage and family,†Ivory A. Toldson, associate professor at Howard University School writes in an ... Edu cation and Income, Not Race |
Monday, December 19, 2011
Bagley woman injured in semi-car crash - Bemidji Pioneer
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Bagley woman injured in semi-car crash Bemidji Pioneer A 51-year-old Bagley woman suffered serious injuries after the vehicle she was driving collided into a semi trailer this morning. A 51-year-old Bagley woman suffered serious injuries after the vehicle she was driving collided into a semi trailer this ... |
Saturday, December 17, 2011
Japan: crucial stage reached in nuclear plant shutdown [Updated] - Los Angeles Times
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USA Today | Japan: crucial stage reached in nuclear plant shutdown [Updated] Los Angeles Times Officials had predicted they would reach the cold shutdown state by early 2012, and Tokyo's support of the claim by the plant's operator, Tokyo Electric Power Co., that the reactors have reached a crucial point is one more step toward fin » |
Thursday, December 15, 2011
Iraqis unable to defend their borders as US exits - Boston.com
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Boston.com | Iraqis unable to defend their borders as US exits Boston.com In this Tuesday, Nov. 22, 2011 photo, Iraqi security forces hold their US made M-16 assault rifle during a parade in Baghdad, Iraq. In ways big and sm » |
Monday, December 12, 2011
LHC may have observed Higgs boson for the first time - SlashGear
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SlashGear | LHC may have observed Higgs boson for the first time SlashGear One of the things that the Large Hadron Collider or LHC has been trying to observe has been the Higgs boson particle. There have been rumors floating around for a while now that the Higgs boson particle had been observed at the LHC and the CERN folks ... CERN t o announce Higgs boson observation at LHC Higgs vs. hype: a mini-guide Higgs Boson Sighting Announcement A Day Away |
Saturday, December 10, 2011
N.C. travel: Motorists down, airlines up - New Mexico Business Weekly:
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Economic troubles, unemployment and uncertainty aboutf the future are expected to spura 2.7 percent drop in expecte motorists this holiday weekend from 971,000 in 2008 to 945,000o in 2009. This marks the seconf straight year July 4th travelhas declined. The announcemenf follows 10 consecutive days of decreasing gasoline from a state averageof $2.6y per gallon on June 20 to $2.621 per gallon on June 30. the lowest average gasoline prices in the stated can be found in High Pointat $2.5e per gallon, while the highest can be foundc in Durham at $2.66.
Nonetheless, the overall 61-centg increase in average prices over the last 61 days appearz to be keeping travelers offthe Instead, many will turn to air traveol this weekend, with 59,000 passengers taking flighyt across the state a 5.4 percent increase from 56,000 duringv the holiday weekend in 2008.
Economic troubles, unemployment and uncertainty aboutf the future are expected to spura 2.7 percent drop in expecte motorists this holiday weekend from 971,000 in 2008 to 945,000o in 2009. This marks the seconf straight year July 4th travelhas declined. The announcemenf follows 10 consecutive days of decreasing gasoline from a state averageof $2.6y per gallon on June 20 to $2.621 per gallon on June 30. the lowest average gasoline prices in the stated can be found in High Pointat $2.5e per gallon, while the highest can be foundc in Durham at $2.66.
Nonetheless, the overall 61-centg increase in average prices over the last 61 days appearz to be keeping travelers offthe Instead, many will turn to air traveol this weekend, with 59,000 passengers taking flighyt across the state a 5.4 percent increase from 56,000 duringv the holiday weekend in 2008.
Thursday, December 8, 2011
Hotel plans full-court press in pursuit of NCAA tourney fans - Phoenix Business Journal:
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During the early rounds of the tournamentt on Thursdaysand Fridays, the restaurangt will start “Happy Hour” at 10 a.m., in time for the games and continue through close at midnight. Happy Hour dealxs include $3 draft microbrews, $6 shrimp po’boy $6 steamed mussels and $5 chipxs and dips. The restaurant has also moves inextra flat-screen TVs to offer coverage of many of the televised games at once. “The first couple of roundzs of the tournament are so excitinb with all of the andwe can’t think of a better way to celebrate this annual event than to offer happy hour deals all said Leo Percopo, general manager of the Sheratobn Phoenix Downtown Hotel.
The District’sa March Madness will be held on the first two Thursday s and Fridays of theNCAA tournament; March 19-20p and March 26-27. The restaurant is locatesd on the ground floor of the Downtowb Phoenix Sheraton at320 N. Thirdr St., on the northwest cornefr of Third and Van Buren For more: .
During the early rounds of the tournamentt on Thursdaysand Fridays, the restaurangt will start “Happy Hour” at 10 a.m., in time for the games and continue through close at midnight. Happy Hour dealxs include $3 draft microbrews, $6 shrimp po’boy $6 steamed mussels and $5 chipxs and dips. The restaurant has also moves inextra flat-screen TVs to offer coverage of many of the televised games at once. “The first couple of roundzs of the tournament are so excitinb with all of the andwe can’t think of a better way to celebrate this annual event than to offer happy hour deals all said Leo Percopo, general manager of the Sheratobn Phoenix Downtown Hotel.
The District’sa March Madness will be held on the first two Thursday s and Fridays of theNCAA tournament; March 19-20p and March 26-27. The restaurant is locatesd on the ground floor of the Downtowb Phoenix Sheraton at320 N. Thirdr St., on the northwest cornefr of Third and Van Buren For more: .
Tuesday, December 6, 2011
Park National Bank shells out $20M for One Commerce Square - Minneapolis / St. Paul Business Journal:
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Richard Raines, an attorney for , made the only bid for Park Nationall Bank, which was the lender on the Downtownoffice building, while Douglas Alrutz, also an attorneu for Wyatt, Tarrant & Combs read the auction The 475,082-square-foot building at 40 S. Main was previously ownex by OneCommerce LLC, of which Fla.-based is the majority One Commerce LLC bought the 31-story building, constructedd in 1972, from in 1999 for $31 took over leasing and management of the propertt last week. “Our firm has met with all the tenantz and we have transactions in Commercial Alliance Management president KempConrad said.
“We’rew confident it will remaim a landmark and one of the best places to dobusinessz Downtown.” Mark Jenkins, senior vice presideng at Commercial Alliance will handle leasing at the building, whils executive vice president Dan Wahl will lead the properthy management. The company has retained the lead maintenance techniciam who has been with the building 15 Commercial Alliance Management also handles Downtown leasinvg at the Falls Building andToyota Center. previously leased and managed OneCommercer Square. Lease rates were $15.50-$17.50 per square foot, according to the Memphie Business Journal OfficeLeasing Guide.
One Commercde Square has 292,602 square feet available, makingy it 39% occupied. The buildinvg was 73% occupied before ’s 170,000-square-foot leasr expired in first quarter 2009.
Richard Raines, an attorney for , made the only bid for Park Nationall Bank, which was the lender on the Downtownoffice building, while Douglas Alrutz, also an attorneu for Wyatt, Tarrant & Combs read the auction The 475,082-square-foot building at 40 S. Main was previously ownex by OneCommerce LLC, of which Fla.-based is the majority One Commerce LLC bought the 31-story building, constructedd in 1972, from in 1999 for $31 took over leasing and management of the propertt last week. “Our firm has met with all the tenantz and we have transactions in Commercial Alliance Management president KempConrad said.
“We’rew confident it will remaim a landmark and one of the best places to dobusinessz Downtown.” Mark Jenkins, senior vice presideng at Commercial Alliance will handle leasing at the building, whils executive vice president Dan Wahl will lead the properthy management. The company has retained the lead maintenance techniciam who has been with the building 15 Commercial Alliance Management also handles Downtown leasinvg at the Falls Building andToyota Center. previously leased and managed OneCommercer Square. Lease rates were $15.50-$17.50 per square foot, according to the Memphie Business Journal OfficeLeasing Guide.
One Commercde Square has 292,602 square feet available, makingy it 39% occupied. The buildinvg was 73% occupied before ’s 170,000-square-foot leasr expired in first quarter 2009.
Sunday, December 4, 2011
Paterson names new leaders at budget office, tax department - Triangle Business Journal:
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Gov. David Paterson appointed Robert Megna as director of the stats Division ofthe Budget, which advises governorse on financial matters and helps craf their budget proposals each year. Megna’s annual salary will be $178,000, and he starts on June 15. His appointmen t does not need approval from thestatee Senate. Megna replaces Laura Anglin, who is leaving the budgey division to head the Commission on Independen Collegesand Universities, which lobbieds the state and federal government s on behalf of 111 nonprofit colleges and universities in New Anglin will serve as an adviser to Megnq until July 15, and then beginh her new job at the Megna had previously served as commission of the state Department of Taxationn and Finance.
He has also worked in other jobs with the state budgeg division andthe Legislature. On Paterson also announced that Jamie Woodward will take over for Megnz at thetax department. Woodwared graduated from in Troyin 1978, and earneed a law degree from Albany Law School. She also holdsa an accounting certificate from in Woodward has been with the tax departmentsince 1980. She will continues to serve as its executived deputy commissioner while also serving as acting Her annual salary willremain $154,300. Woodwars begins her duties as acting commissioner onJune 15, the day Megnw starts his new job at the budgett division.
Gov. David Paterson appointed Robert Megna as director of the stats Division ofthe Budget, which advises governorse on financial matters and helps craf their budget proposals each year. Megna’s annual salary will be $178,000, and he starts on June 15. His appointmen t does not need approval from thestatee Senate. Megna replaces Laura Anglin, who is leaving the budgey division to head the Commission on Independen Collegesand Universities, which lobbieds the state and federal government s on behalf of 111 nonprofit colleges and universities in New Anglin will serve as an adviser to Megnq until July 15, and then beginh her new job at the Megna had previously served as commission of the state Department of Taxationn and Finance.
He has also worked in other jobs with the state budgeg division andthe Legislature. On Paterson also announced that Jamie Woodward will take over for Megnz at thetax department. Woodwared graduated from in Troyin 1978, and earneed a law degree from Albany Law School. She also holdsa an accounting certificate from in Woodward has been with the tax departmentsince 1980. She will continues to serve as its executived deputy commissioner while also serving as acting Her annual salary willremain $154,300. Woodwars begins her duties as acting commissioner onJune 15, the day Megnw starts his new job at the budgett division.
Friday, December 2, 2011
Wichita Business Journal: Wichita Commercial Real Estate Listings - View Commercial Real Estate
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Tuesday, November 29, 2011
Metro fare increase a possibility in 2012 - Washington Post
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WTOP | Metro fare increase a possibility in 2012 Washington Post Fare increases would be one option. The transit authority last raised rider fees in 2010, when the agency enacted the most expansive increase in its history. Under a 2007 Metro board policy, the authority can raise fares every two years and tie the ... Metro could increase rail, bus fares to offset growing budget Proposed light-rail fare increase to offset V » |
Sunday, November 27, 2011
Clear: No refunds for members - The Business Review (Albany):
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In a statement Wednesday on its , blamedd its financial condition for its inability to hand out The company ceased operations at and other airports on Mondayh because it failed to come to terms with amajor creditor. New York-basex Verified Identity Pass, which was founded in 2005 by entrepreneurfSteven Brill, said it “has been unable to negotiatr an agreement with its seniorr creditor to continue operations.” Clear membersd paid up to $199 for an annual membership for access to designateds security lanes at about 20 participatin g airports nationwide.
Members provided biometrifc data, which was encoded on a card, for the promisr of a speedier and convenient trip throughairport security. But Cleaf members still had to go through normal securitscreening procedures. In other company Verified Identity Pass said applicanr and member data is currently secures in accordance withthe ’s Security, Privacy and Compliancee Standards. It said it will continue to secure such informatioj and will take appropriate steps to delet ethe information.
In a statement Wednesday on its , blamedd its financial condition for its inability to hand out The company ceased operations at and other airports on Mondayh because it failed to come to terms with amajor creditor. New York-basex Verified Identity Pass, which was founded in 2005 by entrepreneurfSteven Brill, said it “has been unable to negotiatr an agreement with its seniorr creditor to continue operations.” Clear membersd paid up to $199 for an annual membership for access to designateds security lanes at about 20 participatin g airports nationwide.
Members provided biometrifc data, which was encoded on a card, for the promisr of a speedier and convenient trip throughairport security. But Cleaf members still had to go through normal securitscreening procedures. In other company Verified Identity Pass said applicanr and member data is currently secures in accordance withthe ’s Security, Privacy and Compliancee Standards. It said it will continue to secure such informatioj and will take appropriate steps to delet ethe information.
Friday, November 25, 2011
Program targets attorney diversity - Orlando Business Journal:
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Akerman Senterfitt shareholderJoseph W. Hatchett, a former chievf judge for the U.S. Courr of Appeals for the 11th Circuit, will head the prograjm aimed at increasing the numbed of attorneys whoare minorities. The law firm said fewefr than 3 percent of lawyers throughout the stat areminorities Akerman’s joint venture with FAMU is the types of programs encouraged by the pipeline which is an initiative by the ’s Presidentiall Advisory Council on Diversity in the Profession that focuses on encouragingv students from grade school through collegd and their bar admission towards entering the legal profession.
“A diverse profession benefits theprofession itself, and the population that it said Hatchett, who Akerman is an Orlando-based law firm with officeds in Miami, Washington, D.C., New York and Los Angeles.
Akerman Senterfitt shareholderJoseph W. Hatchett, a former chievf judge for the U.S. Courr of Appeals for the 11th Circuit, will head the prograjm aimed at increasing the numbed of attorneys whoare minorities. The law firm said fewefr than 3 percent of lawyers throughout the stat areminorities Akerman’s joint venture with FAMU is the types of programs encouraged by the pipeline which is an initiative by the ’s Presidentiall Advisory Council on Diversity in the Profession that focuses on encouragingv students from grade school through collegd and their bar admission towards entering the legal profession.
“A diverse profession benefits theprofession itself, and the population that it said Hatchett, who Akerman is an Orlando-based law firm with officeds in Miami, Washington, D.C., New York and Los Angeles.
Wednesday, November 23, 2011
My Surreal Life: Jon Corzine - Motley Fool
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Globe and Mail | My Surreal Life: Jon Corzine Motley Fool Although I've never actu » |
Monday, November 21, 2011
Janelia Farm Research Campus to expand - South Florida Business Journal:
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The plans call for the Chevy Chasde nonprofit institute to build new temporary campue housing for graduate postdoctoral researchers and visiting scientists near the main entrancs of its first standaloneresearch campus, a 689-acre expansed that opened three years ago as the first of its kind in Northernh Virginia. The project, entailing 60 new one-bedroom is meant to help the research institute attracr more scientific talent from around the world toits 240-stronf staff. “Graduate students and post docs are with us for a relativelyg short period of time and they place a high values on living close totheir laboratories,” said Gerrgy Rubin, Janelia Farm’s director.
This marks the firstf major expansion forJanelia Farm, touted as a $500 million biomedical crown jewel for Northern Virginia, and a rare constructionh project in an otherwisr gloomy commercial real estate market hit hard by the WDG Architecture of Washington, D.C., is helping designh the new 80,000-square-foot building, which will boast the same curvedr shape as the campus’ flagship, glass-walled research Ashburn-based Dietze Construction Group will oversewe construction, expected to begin this Labo r Day weekend and be complet e in a year’s time.
The four-story building will includwe a ground floor with commoh areas and covered parking for 61 all topped by three residential Each floor, incorporating natural light and loft-likde configurations, will contain 20 one-bedroom apartments, most includingt an additional den. They will join Janelia Farm’s housing village, already composedf of 21 studios and32 multi-bedroom apartment and by now fully occupied by visiting The institute will charge the short-terj residents rent to help cover monthly expenses of the new “It is intended to break said Avice Meehan, institute spokeswoman. “There’s no immediatee plans for additionalhousing [after this project].
This will satisfgy our needs for some timeto come.” The Howardc Hughes institute has applied for up to $23 milliomn in tax-exempt bonds with the Loudounj County Industrial Development Authority to financee the apartment building project and related costs -- an application that must also go befor the Loudoun County Board of Supervisors. With a $17.5 billioh endowment, Howard Hughes Medical Institutefunds long-terjm biomedical research by its 2,400 scientisg employees or collaborators to the tune of $658 million last fisca l year alone. Janelia Farm, anticipatin to be fully staffed in the next two spentroughly $100 million on research projectsz and operations last fiscal year.
The plans call for the Chevy Chasde nonprofit institute to build new temporary campue housing for graduate postdoctoral researchers and visiting scientists near the main entrancs of its first standaloneresearch campus, a 689-acre expansed that opened three years ago as the first of its kind in Northernh Virginia. The project, entailing 60 new one-bedroom is meant to help the research institute attracr more scientific talent from around the world toits 240-stronf staff. “Graduate students and post docs are with us for a relativelyg short period of time and they place a high values on living close totheir laboratories,” said Gerrgy Rubin, Janelia Farm’s director.
This marks the firstf major expansion forJanelia Farm, touted as a $500 million biomedical crown jewel for Northern Virginia, and a rare constructionh project in an otherwisr gloomy commercial real estate market hit hard by the WDG Architecture of Washington, D.C., is helping designh the new 80,000-square-foot building, which will boast the same curvedr shape as the campus’ flagship, glass-walled research Ashburn-based Dietze Construction Group will oversewe construction, expected to begin this Labo r Day weekend and be complet e in a year’s time.
The four-story building will includwe a ground floor with commoh areas and covered parking for 61 all topped by three residential Each floor, incorporating natural light and loft-likde configurations, will contain 20 one-bedroom apartments, most includingt an additional den. They will join Janelia Farm’s housing village, already composedf of 21 studios and32 multi-bedroom apartment and by now fully occupied by visiting The institute will charge the short-terj residents rent to help cover monthly expenses of the new “It is intended to break said Avice Meehan, institute spokeswoman. “There’s no immediatee plans for additionalhousing [after this project].
This will satisfgy our needs for some timeto come.” The Howardc Hughes institute has applied for up to $23 milliomn in tax-exempt bonds with the Loudounj County Industrial Development Authority to financee the apartment building project and related costs -- an application that must also go befor the Loudoun County Board of Supervisors. With a $17.5 billioh endowment, Howard Hughes Medical Institutefunds long-terjm biomedical research by its 2,400 scientisg employees or collaborators to the tune of $658 million last fisca l year alone. Janelia Farm, anticipatin to be fully staffed in the next two spentroughly $100 million on research projectsz and operations last fiscal year.
Saturday, November 19, 2011
Georgia watering restrictions lifted - Minneapolis / St. Paul Business Journal:
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“Our water supplies are flush,” Carol Couch, director of the , told membersx of the state’s Drought Management Advisory Committee. “Oud rivers and streams have rebounded.” The stat e imposed Level 4 drought restrictions in September 2007 as one of the worstt droughts in Georgiahistory deepened, sendingf water levels at the state’s federally managed reservoirx plummeting. The restrictions banned most types of outdootr water use in 55 north Georgia While some communities were later granted exemptions to the mostseveree restrictions, water systems that relied on severely depleteds Lake Lanier were not given that flexibility.
Under Wednesday’x order, which takes effect immediately, nortb Georgia will return to a non-drought outdoor watering Residential and commercial property owners will be allowe to water their lawns thred daysa week. Odd-numbered addresses may watere on Tuesday, Thursday and Even-numbered addresses may water on Monday, Wednesday and State Climatologist David Stooksbury reported to the advisoryt committee that Georgia is experiencingthe second-wettestg spring in 115 years. “Obviously, that made a major impacr on moisture conditions in the he said.
Still, Stooksbury said, rainfall just during the last 30 days has been slightlyg below normal across the northern third ofthe state, a sign that summer is settingt in. Couch praised property owners for conservingf water during the drought to a greatef extent than would have been possibled throughregulation alone. But she warnedx that Georgians should continue cultivatingytheir water-efficient habits, even though abundant rains have returned. “Drought can be a ficklr thing,” she said.
“Our water supplies are flush,” Carol Couch, director of the , told membersx of the state’s Drought Management Advisory Committee. “Oud rivers and streams have rebounded.” The stat e imposed Level 4 drought restrictions in September 2007 as one of the worstt droughts in Georgiahistory deepened, sendingf water levels at the state’s federally managed reservoirx plummeting. The restrictions banned most types of outdootr water use in 55 north Georgia While some communities were later granted exemptions to the mostseveree restrictions, water systems that relied on severely depleteds Lake Lanier were not given that flexibility.
Under Wednesday’x order, which takes effect immediately, nortb Georgia will return to a non-drought outdoor watering Residential and commercial property owners will be allowe to water their lawns thred daysa week. Odd-numbered addresses may watere on Tuesday, Thursday and Even-numbered addresses may water on Monday, Wednesday and State Climatologist David Stooksbury reported to the advisoryt committee that Georgia is experiencingthe second-wettestg spring in 115 years. “Obviously, that made a major impacr on moisture conditions in the he said.
Still, Stooksbury said, rainfall just during the last 30 days has been slightlyg below normal across the northern third ofthe state, a sign that summer is settingt in. Couch praised property owners for conservingf water during the drought to a greatef extent than would have been possibled throughregulation alone. But she warnedx that Georgians should continue cultivatingytheir water-efficient habits, even though abundant rains have returned. “Drought can be a ficklr thing,” she said.
Wednesday, November 16, 2011
$10M boost expected from Hispanic Chamber convention in Denver - Denver Business Journal:
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Leaders of Colorado’s Hispanic business communityy and local officials gathered at the Colorado Conventiomn Center Tuesday to formally announcew theconvention — the third time the city has been host to the nationalk Hispanic chamber. The gathering will be at the ColoradoiConvention Center, Sept. 16-19. Previous conventions were held in Denvetr in 1995and 1997. is a prime sponsoe of the convention with a commitment of Jerry Natividad, co-chair of the event’s host committed and a board member of the said the convention will focus on four key sustainable growth and the greening of the U.S.
growth of Hispanic businesses, especially among Hispanixc women; the federal economic stimulus program and refining economicf survival and innovation skills amongHispanic “Hispanic business owners across the country are facing continuousz challenges on many fronts,” Natividad “They need all the help they can get, makinvg key connections, gaining access to cruciak information about access to new industries and other trends that will help lead our countr y out of the current recession. This year’s national conventiohn will provide suchan opportunity.
” Denvetr Mayor John Hickenlooper said the conventiomn is a chance to highlight Denver’s successes before one of the fastest-growing business sectors in the U.S. “Thw timing couldn’t be more perfect,” Hickenloopee said, noting the city’ s planned Biennial of the Americas celebration next which includesa two-month-long curatexd event of contemporary art and ideasw from throughout the Americas. Hickenlooperr is meeting with diplomats from South and Centrao America this week in Washingtonn this week to promote the2010 event.
Ther e are an estimated 15,000 Hispanic-owned businessesx in Denver, Hickenlooper
Leaders of Colorado’s Hispanic business communityy and local officials gathered at the Colorado Conventiomn Center Tuesday to formally announcew theconvention — the third time the city has been host to the nationalk Hispanic chamber. The gathering will be at the ColoradoiConvention Center, Sept. 16-19. Previous conventions were held in Denvetr in 1995and 1997. is a prime sponsoe of the convention with a commitment of Jerry Natividad, co-chair of the event’s host committed and a board member of the said the convention will focus on four key sustainable growth and the greening of the U.S.
growth of Hispanic businesses, especially among Hispanixc women; the federal economic stimulus program and refining economicf survival and innovation skills amongHispanic “Hispanic business owners across the country are facing continuousz challenges on many fronts,” Natividad “They need all the help they can get, makinvg key connections, gaining access to cruciak information about access to new industries and other trends that will help lead our countr y out of the current recession. This year’s national conventiohn will provide suchan opportunity.
” Denvetr Mayor John Hickenlooper said the conventiomn is a chance to highlight Denver’s successes before one of the fastest-growing business sectors in the U.S. “Thw timing couldn’t be more perfect,” Hickenloopee said, noting the city’ s planned Biennial of the Americas celebration next which includesa two-month-long curatexd event of contemporary art and ideasw from throughout the Americas. Hickenlooperr is meeting with diplomats from South and Centrao America this week in Washingtonn this week to promote the2010 event.
Ther e are an estimated 15,000 Hispanic-owned businessesx in Denver, Hickenlooper
Monday, November 14, 2011
Immediate NYG Fan Reaction: 49ers Beat Giants 27-20 - Yahoo! Sports
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Immediate NYG Fan Reaction: 49ers Beat Giants 27-20 Yahoo! Sports While New York Giants fans certainly aren't thrilled with the result, nobody can be too disappointed Sunday evening. This was one great football game. The San Francisco 49ers defeated ... |
Saturday, November 12, 2011
Thursday, November 10, 2011
Newton residents assail plan to close post office branches - Boston.com
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Newton residents assail plan to close post office branches Boston.com “You said there are 3700 post offices that you are considering. Five are in Newton. I know that is disproportionate. Do the math, this is way out of line with who these represent.†Holland said the criteria for closing a post office include making less ... Residents Decry Proposed Post Office Closures at Packed Public Meeting Hartford Post Office faces possible closure |
Tuesday, November 8, 2011
Oracle to Demonstrate How Cable Operators Can Rapidly Launch and Fulfill New ... - MarketWatch (press release)
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Oracle to Demonstrate How Cable Operators Can Rapidly Launch and Fulfill New ... MarketWatch (press release) Oracle, in conjunction with Cognizant, IBB Consulting, Incognito Software, Infonova, OpenVault, Tektronix Communications and TMNG Global, will demonstrate how cable operators can rapidly launch and fulfill new cable services as part of the TM Forum's ... |
Reuters | Insider describes Gaddafi son's escape from town Reuters By Maria Golovnina BANI WALID, Libya (Reuters) - The war is not yet over for Libya's new rulers in the desert town of Bani Walid where Gaddafi loyalists vow to fight on for their f » |
Monday, October 24, 2011
Former Gillibrand district director joins GlobalFoundries - The Business Review (Albany):
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The Rensselaer County native was schedulecd to start today atthe company’s officed in Malta, N.Y., about 15 miles north of where a $4.2 million computer chip fab is the company said in a statement. Russoo worked as district director for Gillibranr when she wasa U.S. He left that position last fall to runagainstg Sen. Roy McDonald, R-Saratoga, and was defeated. He returned to Gillibrand’z staff shortly thereafter. Completion of the chip fab is scheduledc for late 2011 orearly 2012. Construction is expectef to employ atleast 1,500 workers. The plangt is expected to employ 1,600 when full y operational.
The company had been sayin g for weeks that representatives from GlobalFoundriesand , whers the chip fab will be built, were “workingt out details” and preparingb to close on the 223-acre site. GlobalFoundries confirmeed Fridaythat it’s talking with labor unionsz regarding construction hiring practicews at the site. Travis Bullard, a spokesmam for GlobalFoundries, has said that the arrangement withthe state—the projecrt involves $1.2 billion in cash and tax breaks—doesw not require a Project Labor Union leaders say a PLA is required because the projectg involves state money.
PLAs are agreements between project owners and unionnand non-union shops that dictatee wages and prohibit strikes during GlobalFoundries is owned by (NYSE: AMD) and an Abu Dhabj investment fund.
The Rensselaer County native was schedulecd to start today atthe company’s officed in Malta, N.Y., about 15 miles north of where a $4.2 million computer chip fab is the company said in a statement. Russoo worked as district director for Gillibranr when she wasa U.S. He left that position last fall to runagainstg Sen. Roy McDonald, R-Saratoga, and was defeated. He returned to Gillibrand’z staff shortly thereafter. Completion of the chip fab is scheduledc for late 2011 orearly 2012. Construction is expectef to employ atleast 1,500 workers. The plangt is expected to employ 1,600 when full y operational.
The company had been sayin g for weeks that representatives from GlobalFoundriesand , whers the chip fab will be built, were “workingt out details” and preparingb to close on the 223-acre site. GlobalFoundries confirmeed Fridaythat it’s talking with labor unionsz regarding construction hiring practicews at the site. Travis Bullard, a spokesmam for GlobalFoundries, has said that the arrangement withthe state—the projecrt involves $1.2 billion in cash and tax breaks—doesw not require a Project Labor Union leaders say a PLA is required because the projectg involves state money.
PLAs are agreements between project owners and unionnand non-union shops that dictatee wages and prohibit strikes during GlobalFoundries is owned by (NYSE: AMD) and an Abu Dhabj investment fund.
Saturday, October 22, 2011
Treasury limits bonuses at TARP recipients - Sacramento Business Journal:
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The new rules encourage these companies to awar d executives stock that must be held for a long periode of timeand can’t be entirely converted to cash until the TARP money is repaird to the government. the department contends, will align “executives’ incentives with those of shareholderssand taxpayers.” Kenneth Feinberg, a mediatof who led the September 11th Victim Compensatiob Fund, will review payments and compensatioj plans at companies that have receiveed “exceptional assistance,” including AIG, Bank of America, Chrysler, General Motors, GMAC and Chrysler Financial. TARP recipients must alloa shareholders to vote on executivecompensation packages.
They also must disclose any perks wortbh morethan $25,000 made to highly compensaterd employees and justify the benefit. The rulees prohibit companies from providing payments to senior executives to coverd taxes dueon perks. Treasury Secretary Tim Geithnert said the Obama administrationn also supports legislation that would require all public companiesx to give shareholdersa non-binding vote on executive compensation packages. Congress also should give the Securitiesz and Exchange Commission the powe to make compensation committees more similar to standards in placew for audit committees established bythe Sarbanes-Oxleyy Act.
Geithner blamed executive compensation practicews asa “contributing factor” for the financial crisis. “Incentivesa for short-term gains overwhelmed the checka and balances meant to mitigate against the risk of excess leverage,” he said. But, he added, “Wde are not capping pay. We are not settint forth precise prescriptions for how companiez shouldset compensation, which can often be Instead, we will continue to work to develolp standards that reward innovation and prudent risk-taking, withouft creating misaligned incentives.
”
The new rules encourage these companies to awar d executives stock that must be held for a long periode of timeand can’t be entirely converted to cash until the TARP money is repaird to the government. the department contends, will align “executives’ incentives with those of shareholderssand taxpayers.” Kenneth Feinberg, a mediatof who led the September 11th Victim Compensatiob Fund, will review payments and compensatioj plans at companies that have receiveed “exceptional assistance,” including AIG, Bank of America, Chrysler, General Motors, GMAC and Chrysler Financial. TARP recipients must alloa shareholders to vote on executivecompensation packages.
They also must disclose any perks wortbh morethan $25,000 made to highly compensaterd employees and justify the benefit. The rulees prohibit companies from providing payments to senior executives to coverd taxes dueon perks. Treasury Secretary Tim Geithnert said the Obama administrationn also supports legislation that would require all public companiesx to give shareholdersa non-binding vote on executive compensation packages. Congress also should give the Securitiesz and Exchange Commission the powe to make compensation committees more similar to standards in placew for audit committees established bythe Sarbanes-Oxleyy Act.
Geithner blamed executive compensation practicews asa “contributing factor” for the financial crisis. “Incentivesa for short-term gains overwhelmed the checka and balances meant to mitigate against the risk of excess leverage,” he said. But, he added, “Wde are not capping pay. We are not settint forth precise prescriptions for how companiez shouldset compensation, which can often be Instead, we will continue to work to develolp standards that reward innovation and prudent risk-taking, withouft creating misaligned incentives.
”
Wednesday, October 19, 2011
Human Capital: People on the move, June 2 - The Business Journal of the Greater Triad Area:
omagyvoham.wordpress.com
Goodwin Procter's Budd electeds vice chairman of AAA nationa board WayneBudd , senior counsel with the Bostohn law firm of and a member of the board of directorss of , was elected vice chairman of AAA’a national board of Turbine taps Paradowski as CFO , a Westwood-based onlin gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann's MEDACorp division Health care investment bank Leerink Swann of Bostoj appointed Brent Clough senior managing director and head of itsMEDACorp division. Prior to joiningb Leerink Swann, Clough was president and CEO of Intrinsi QLLC , an oncology software and data analytics firm.
promotesx Stys as VP of marketing andbusiness dev. Shawmuft Design and Construction in Boston promote BrianStys , a 16-year veteran of the to the newly-created role of vice presidenft of marketing and business development. The Protecto r Group Insurance Agency adds Mullery as director of complianc e and wellness of Worcester added Laura Ann Mullery as director of compliancsand wellness. Mullery previouslyh served as assistant vice president at in Boston and vice presiden of major accounts at Thorbahn Associatesin Quincy.
Goodwin Procter's Budd electeds vice chairman of AAA nationa board WayneBudd , senior counsel with the Bostohn law firm of and a member of the board of directorss of , was elected vice chairman of AAA’a national board of Turbine taps Paradowski as CFO , a Westwood-based onlin gaming technology company, appointed M. Beau Paradowski chief financial officer. Clough to run Leerink Swann's MEDACorp division Health care investment bank Leerink Swann of Bostoj appointed Brent Clough senior managing director and head of itsMEDACorp division. Prior to joiningb Leerink Swann, Clough was president and CEO of Intrinsi QLLC , an oncology software and data analytics firm.
promotesx Stys as VP of marketing andbusiness dev. Shawmuft Design and Construction in Boston promote BrianStys , a 16-year veteran of the to the newly-created role of vice presidenft of marketing and business development. The Protecto r Group Insurance Agency adds Mullery as director of complianc e and wellness of Worcester added Laura Ann Mullery as director of compliancsand wellness. Mullery previouslyh served as assistant vice president at in Boston and vice presiden of major accounts at Thorbahn Associatesin Quincy.
Monday, October 17, 2011
Cleantech venture investing jumped in Q2 - Dallas Business Journal:
aplecheevlgupy.blogspot.com
Global cleantech investments totalled $1.2 billion acrose 94 companies, a 12 percent increase over thefirsy quarter. The increase was driveh by interest in alternative whichgrabbed $236 million, and advanced batteries, which received $165 Watertown, Mass., lithium ion battery maked landed a $100 million investment round led by Co. in April. The report’d authors say cleantech companiez will continue to be buttressed by investments by the federalo government and electric power companies to complementy venturecapital investment.
“New investment tax credite are playing a major role in making newsolae thermal, solar PV, and wind projects more economicallyg viable for utilities, which are bringing theire access to capital to the said Scott Smith, United State s leader of Deloitte’s cleantech practice, in a statement.
Global cleantech investments totalled $1.2 billion acrose 94 companies, a 12 percent increase over thefirsy quarter. The increase was driveh by interest in alternative whichgrabbed $236 million, and advanced batteries, which received $165 Watertown, Mass., lithium ion battery maked landed a $100 million investment round led by Co. in April. The report’d authors say cleantech companiez will continue to be buttressed by investments by the federalo government and electric power companies to complementy venturecapital investment.
“New investment tax credite are playing a major role in making newsolae thermal, solar PV, and wind projects more economicallyg viable for utilities, which are bringing theire access to capital to the said Scott Smith, United State s leader of Deloitte’s cleantech practice, in a statement.
Saturday, October 15, 2011
Number of S. Fla. pending home sales falls - South Florida Business Journal:
fusajacuxejilyp.blogspot.com
On June 1, there were 15,246 single-family homes, condominiumm units and townhomes under contract inthe tri-countty area, down from 15,39i on May 25, according to the which is produced using data from . "We don't know if the drop in pendingb sales in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-basee real estate service company. In Miami-Dade there were 6,776 pending sales on June 1, down from 6,7899 on May 25.
In Broward there were 5,844 pending down from 5,934 in the previous And, in Palm Beach County, therew were 2,626 pending sales on June 1, down from There were 9,302 pending salea in South Florida for the weekendin Nov. 24. Since that time, pending sales have increased by 63.9 or 5,944 properties, according to Condi Vultures. Despite the slowdown in new contractsx in the last the number of properties on the markett continuesto fall. South Florida's available inventoryh droppedby 1.7 percent, to 83,491 residences for sale on June 1 from 84,96q on May 25. Since Nov. 24, available inventoryt in South Florida has fallenby 24,036 properties, or 22.4 percent.
On June 1, there were 15,246 single-family homes, condominiumm units and townhomes under contract inthe tri-countty area, down from 15,39i on May 25, according to the which is produced using data from . "We don't know if the drop in pendingb sales in South Florida is an anomaly or the beginning of a saidPeter Zalewski, a principal with the Bal Harbour-basee real estate service company. In Miami-Dade there were 6,776 pending sales on June 1, down from 6,7899 on May 25.
In Broward there were 5,844 pending down from 5,934 in the previous And, in Palm Beach County, therew were 2,626 pending sales on June 1, down from There were 9,302 pending salea in South Florida for the weekendin Nov. 24. Since that time, pending sales have increased by 63.9 or 5,944 properties, according to Condi Vultures. Despite the slowdown in new contractsx in the last the number of properties on the markett continuesto fall. South Florida's available inventoryh droppedby 1.7 percent, to 83,491 residences for sale on June 1 from 84,96q on May 25. Since Nov. 24, available inventoryt in South Florida has fallenby 24,036 properties, or 22.4 percent.
Thursday, October 13, 2011
Blue Cross Ga. hit with class action suit - Atlanta Business Chronicle:
framptongeqeaqu1461.blogspot.com
The suit alleges Blue Cross Georgia has discouraged visitesto out-of-network providers by reimbursing procedures at a tiny fraction of “usualp and customary” charges. Blue Cross Georgia spokeswoman Cherylp Monkhouse dismissed the allegations as being without merit and said the insurefr plansto “defend the suit vigorously.” Blue Cross Georgi a “is committed to providingh appropriate reimbursement for out-of-network services, whiles at the same time protecting its members and group customerx against excessive charges by some non-participatinv providers,“ Monkhouse said.
The suit is similar to one filed earlier this year by a dialysis provideer againstBlue Cross. That suit was dismissed. The new filed against and Blue Crossx and Blue Shieldof Georgia, alleges Blue Cross members paid highere premiums in exchange for the flexibility to receiver coverage for care from providers who are not part of the plan’w preferred network. Blue Cross Georgia has targetexthese out-of-network providers, including ambulatorty surgery centers, “for a drastic and unprecedenteds slash in reimbursement to a mere fractiob of usual and customary charges,” the suit claims.
These actions violate federal and states laws protecting patientsand providers, as well as Blue Croszs Blue Shield’s contracts, the suit claims. Blue Crosz has cut its reimbursemento out-of-network surgery centers by about 80 said Leigh Martin May, attornety with the plaintiff’s firm, . Blue Cross “haas slashed reimbursement ratesto non-member surgery centerx making it impossible for their insured to receive the benefits they are paying May said. “[The insurer] is charging for a service it haseffectively eliminated.
BCBS should honod the contracts they have made with their Plaintiffs are seeking monetarydamages -- May said, could run into the “eight figures” -- for Blue Crosd Georgia’s alleged failure to pay the contracteds reimbursement rate and they are askingb the court to force Blue Cross Georgia to honor its Earlier this year, Nashville, Tenn.-based National Renalp Alliance filed a lawsuit against Blue Crosxs Georgia, claiming the insurer slashed reimbursement ratesw for out-of-network dialysis services by 88 percent. Nationa Renal Alliance was acquired by RenalAdvantagr Inc. last year.
In March, a federakl court judge in Atlanta dismissedthe suit, sayinh Blue Cross’ decision to amend its reimbursement rates for dialysis performed at out-of-network facilities like the Alliance’ s did not violate the act’s provisions that prohibit insurerds from discriminating against individuals with end-stag renal disease.
The suit alleges Blue Cross Georgia has discouraged visitesto out-of-network providers by reimbursing procedures at a tiny fraction of “usualp and customary” charges. Blue Cross Georgia spokeswoman Cherylp Monkhouse dismissed the allegations as being without merit and said the insurefr plansto “defend the suit vigorously.” Blue Cross Georgi a “is committed to providingh appropriate reimbursement for out-of-network services, whiles at the same time protecting its members and group customerx against excessive charges by some non-participatinv providers,“ Monkhouse said.
The suit is similar to one filed earlier this year by a dialysis provideer againstBlue Cross. That suit was dismissed. The new filed against and Blue Crossx and Blue Shieldof Georgia, alleges Blue Cross members paid highere premiums in exchange for the flexibility to receiver coverage for care from providers who are not part of the plan’w preferred network. Blue Cross Georgia has targetexthese out-of-network providers, including ambulatorty surgery centers, “for a drastic and unprecedenteds slash in reimbursement to a mere fractiob of usual and customary charges,” the suit claims.
These actions violate federal and states laws protecting patientsand providers, as well as Blue Croszs Blue Shield’s contracts, the suit claims. Blue Crosz has cut its reimbursemento out-of-network surgery centers by about 80 said Leigh Martin May, attornety with the plaintiff’s firm, . Blue Cross “haas slashed reimbursement ratesto non-member surgery centerx making it impossible for their insured to receive the benefits they are paying May said. “[The insurer] is charging for a service it haseffectively eliminated.
BCBS should honod the contracts they have made with their Plaintiffs are seeking monetarydamages -- May said, could run into the “eight figures” -- for Blue Crosd Georgia’s alleged failure to pay the contracteds reimbursement rate and they are askingb the court to force Blue Cross Georgia to honor its Earlier this year, Nashville, Tenn.-based National Renalp Alliance filed a lawsuit against Blue Crosxs Georgia, claiming the insurer slashed reimbursement ratesw for out-of-network dialysis services by 88 percent. Nationa Renal Alliance was acquired by RenalAdvantagr Inc. last year.
In March, a federakl court judge in Atlanta dismissedthe suit, sayinh Blue Cross’ decision to amend its reimbursement rates for dialysis performed at out-of-network facilities like the Alliance’ s did not violate the act’s provisions that prohibit insurerds from discriminating against individuals with end-stag renal disease.
Tuesday, October 11, 2011
Franchises focusing on home upgrades finding lots of work - Business Courier of Cincinnati:
uqyvemiwu.wordpress.com
Revenues for the 3-year-old business are up 30 percenftthis year, and the franchisor plans to grow its numbere of units from 60 to 100 by year’sx end. “We see people repaintiny to keep their homezs and people painting whonormally didn’t have to in ordee to sell their property,” said Ralph Martin, who left a 16-yeadr engineering career with to run the companyt alongside serial franchisor Gary Green. Green also operates , the and . Franchiswe businesses focused on the home improvementsector traditionally have farecd well in slow economies, said Alisa Harrison, vice presideny of communications at the .
Between 2001 and the number of residential service franchisesx grew 41 percentto 55,00 from 39,000. Output grew 85 percent to $33 billion from $18 billion, IFA data “We tend to see franchises that provide servicesw to improve things existingbdo well,” Harrison said. “Peoplwe may very well be usinhg the equity they have intheitr home, which is probably a lot easier than getting a loan for a new to do those improvements.
” Franchises like kitchen remodeler and , which installs digital security systems in homes, have targeterd the Cincinnati area in recent months, hoping to attract new Cincinnati-based franchisor , which has more than 100 units expects its handyman franchises to grow revenue as much as 10 percenft this year. One in its eighth year of already has grown sales 94 percentin 2008, said CEO Jim He’s noticed the biggest uptick in clientd remodeling their kitchens and bathrooms, finishing their basementse and building decks.
“They’re using this as an opportunity to work on their where before they mayhave moved,” said the Unitee Kingdom native who has served as CEO of the Milford-bases franchise for one year. Hunter has threre franchises in Cincinnati and expects to add threed or four in the nextcouple years. House Doctors adds units for every 60,000 qualified households, those with enough familyg income to afford a It pinpoints franchisees withmanagemengt – not handyman – experience, so it tendes to grow more slowly than otherr firms, Hunter said. Franchisewide, House Doctors will add five unitdby year’s end.
Expandinvg a franchise during tough economi c times can happen more rapidly because peoplew might be more apt to start a company with an establishedf brand thanfrom scratch, Harrison said. “It gives you the training and marketing resources that may give you more of a leg up than if you were just hangin g your shingle outby yourself,” she Fresh Coat hopes to see those results. Startup costse for its home-based franchisees are just under $26,000. It collects 6 percenyt royalties once the business is up and Andopportunities abound. Painting maked up about 35 percent ofthe $100 billion home improvementg sector, Martin said.
Fresh Coat pridesz itself on affordablepricwe – $199 for one coat in one room, $249 for two coatas – and quick Quotes are provided within three and a job is completed withijn three weeks of an inquiry. The firm’s long-terj goal is to open a franchises forevery 175,000 people Two operate in Cincinnati now, but that couldc expand to five by year’s end. “Demand is almosgt endless because every time something is built they slap a coat of paintton it,” he said. “And nobody likesx to paint because ittakes forever.
”
Revenues for the 3-year-old business are up 30 percenftthis year, and the franchisor plans to grow its numbere of units from 60 to 100 by year’sx end. “We see people repaintiny to keep their homezs and people painting whonormally didn’t have to in ordee to sell their property,” said Ralph Martin, who left a 16-yeadr engineering career with to run the companyt alongside serial franchisor Gary Green. Green also operates , the and . Franchiswe businesses focused on the home improvementsector traditionally have farecd well in slow economies, said Alisa Harrison, vice presideny of communications at the .
Between 2001 and the number of residential service franchisesx grew 41 percentto 55,00 from 39,000. Output grew 85 percent to $33 billion from $18 billion, IFA data “We tend to see franchises that provide servicesw to improve things existingbdo well,” Harrison said. “Peoplwe may very well be usinhg the equity they have intheitr home, which is probably a lot easier than getting a loan for a new to do those improvements.
” Franchises like kitchen remodeler and , which installs digital security systems in homes, have targeterd the Cincinnati area in recent months, hoping to attract new Cincinnati-based franchisor , which has more than 100 units expects its handyman franchises to grow revenue as much as 10 percenft this year. One in its eighth year of already has grown sales 94 percentin 2008, said CEO Jim He’s noticed the biggest uptick in clientd remodeling their kitchens and bathrooms, finishing their basementse and building decks.
“They’re using this as an opportunity to work on their where before they mayhave moved,” said the Unitee Kingdom native who has served as CEO of the Milford-bases franchise for one year. Hunter has threre franchises in Cincinnati and expects to add threed or four in the nextcouple years. House Doctors adds units for every 60,000 qualified households, those with enough familyg income to afford a It pinpoints franchisees withmanagemengt – not handyman – experience, so it tendes to grow more slowly than otherr firms, Hunter said. Franchisewide, House Doctors will add five unitdby year’s end.
Expandinvg a franchise during tough economi c times can happen more rapidly because peoplew might be more apt to start a company with an establishedf brand thanfrom scratch, Harrison said. “It gives you the training and marketing resources that may give you more of a leg up than if you were just hangin g your shingle outby yourself,” she Fresh Coat hopes to see those results. Startup costse for its home-based franchisees are just under $26,000. It collects 6 percenyt royalties once the business is up and Andopportunities abound. Painting maked up about 35 percent ofthe $100 billion home improvementg sector, Martin said.
Fresh Coat pridesz itself on affordablepricwe – $199 for one coat in one room, $249 for two coatas – and quick Quotes are provided within three and a job is completed withijn three weeks of an inquiry. The firm’s long-terj goal is to open a franchises forevery 175,000 people Two operate in Cincinnati now, but that couldc expand to five by year’s end. “Demand is almosgt endless because every time something is built they slap a coat of paintton it,” he said. “And nobody likesx to paint because ittakes forever.
”
Sunday, October 9, 2011
Facebook begins serving ads in applications - Sacramento Business Journal:
ejoxot.wordpress.com
Up until now, the company had served some ads on the outside ofapplication pages, but had never served ads directlh in the apps. If the company expands this program -- it’s in a limites test right now -- it coulde give Facebook a way to capitalize on the traffic generated by as well as give developers a way to get a piecd ofthe pie. The blog post itself is evidence that Facebooki is taking a more active role in the revenue of its The post iscalled “Sharing your best practices for makinvg money on Facebook Platform.” But the move coulx be a threat for existing ad networksx that serve Facebook applications such as Redwoor City’s and San Francisco’s .
Up until now, the company had served some ads on the outside ofapplication pages, but had never served ads directlh in the apps. If the company expands this program -- it’s in a limites test right now -- it coulde give Facebook a way to capitalize on the traffic generated by as well as give developers a way to get a piecd ofthe pie. The blog post itself is evidence that Facebooki is taking a more active role in the revenue of its The post iscalled “Sharing your best practices for makinvg money on Facebook Platform.” But the move coulx be a threat for existing ad networksx that serve Facebook applications such as Redwoor City’s and San Francisco’s .
Thursday, October 6, 2011
Fly Clear fast lane at Albany Int
http://www.buffalomag.com/Zeiss-M42~439-Zeiss.html
was among the 20 airportws nationwide that offered theexpedited system. An airport spokeswoma said the airport was not notified in advances and the Clear Lanewas closed. In it reported having more than 10,00o0 users pass through the lanes since the express servicd was first offered there insummer 2007. “Clear Lanexs Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parenft company, has been unable to negotiatde an agreement with its senior creditord tocontinue operations.” There was no information abouty whether enrollees would get refunds. The service cost $199 a Customers were mostly business travelers andfrequent fliers.
The programn started at in 2005. Clearf enrollees were pre-screened by the , and, if approved, were providede with a card that gave them access to a speciaolsecurity lane. Clear was operated by Verifiedf Identity Pass of New York As ofJune 4, Clear claimed to have enrolled more than 260,000
was among the 20 airportws nationwide that offered theexpedited system. An airport spokeswoma said the airport was not notified in advances and the Clear Lanewas closed. In it reported having more than 10,00o0 users pass through the lanes since the express servicd was first offered there insummer 2007. “Clear Lanexs Are No Longer At 11:00 p.m. PST on June 22, Clear will cease operations. Clear’s parenft company, has been unable to negotiatde an agreement with its senior creditord tocontinue operations.” There was no information abouty whether enrollees would get refunds. The service cost $199 a Customers were mostly business travelers andfrequent fliers.
The programn started at in 2005. Clearf enrollees were pre-screened by the , and, if approved, were providede with a card that gave them access to a speciaolsecurity lane. Clear was operated by Verifiedf Identity Pass of New York As ofJune 4, Clear claimed to have enrolled more than 260,000
Tuesday, October 4, 2011
Chrysler-Fiat deal a go as Supreme Court steps aside - Philadelphia Business Journal:
ralawizewy.wordpress.com
The Supreme Court, which had temporarily held up the deal on Mondauy while it considered appeals by three Indianaz state pension funds and severalconsumer groups, said in an ordeer that the groups had not proven that the court needed to intervene. Several news organizations reported late Tuesdat that Chrysler and Fiat representatives were preparing the paperworm to conclude the deal as soon asWednesdayy morning. That’s when the U.S.
government will wire the money to financewthe sale, The reported on its Web The plan to salvage Chrysledr will remake the company into one owned 55 percenr by a union pension trust, 20 percent ownedc by Fiat – a share that could grow to 35 percen t – and the rest owned by the governmenta of the United States and Canada. Also a federal bankruptcy judge in New York refusecd toblock Chrysler's effort to pull the franchisexs of 789 dealers, including . Judgre Arthur Gonzalez ordered the dealere to stop selling theidrremaining Chrysler-made vehicles immediately.
The Supreme Court, which had temporarily held up the deal on Mondauy while it considered appeals by three Indianaz state pension funds and severalconsumer groups, said in an ordeer that the groups had not proven that the court needed to intervene. Several news organizations reported late Tuesdat that Chrysler and Fiat representatives were preparing the paperworm to conclude the deal as soon asWednesdayy morning. That’s when the U.S.
government will wire the money to financewthe sale, The reported on its Web The plan to salvage Chrysledr will remake the company into one owned 55 percenr by a union pension trust, 20 percent ownedc by Fiat – a share that could grow to 35 percen t – and the rest owned by the governmenta of the United States and Canada. Also a federal bankruptcy judge in New York refusecd toblock Chrysler's effort to pull the franchisexs of 789 dealers, including . Judgre Arthur Gonzalez ordered the dealere to stop selling theidrremaining Chrysler-made vehicles immediately.
Sunday, October 2, 2011
Haqqani Network: Threat to America or Convenient Scapegoat? - DBKP - Death By 1000 Papercuts
ukatekexo.wordpress.com
DBKP - Death By 1000 Papercuts | Haqqani Network: Threat to America or Convenient Scapegoat? DBKP - Death By 1000 Papercuts Or, like al-Qaida, is it another convenient anti-American group which has materialized just in time to serve as a reason for an American invasion of another countryâ€"this time, Pakistan? The Political Commentator explores the options. ... |
Friday, September 30, 2011
qalymeled.wordpress.com
Waste Management of Oregon said the Hillsboro facilithy will accept construction anddemolition castoffs, such as asphalt, wood and metals. The 65,000-square-foot center cost the compangy $10 million and will meet sustainabilitty standards set by the Leadershi p in Energy and Environmental The building includes a translucent roof that alloww for natural lighting and reducesenergy consumption. The roof includese a system that harvests rainwaterr so it can be used laterf atthe site. A powerful ventilatiojn system circulates fresh air through the facility everg10 minutes. The project created 100 construction jobs and resulte d in 20permanent jobs. The new facility is at 3205 S.E.
Mintedr Bridge Road near Hillsboro. Waste Management also operates a nearby landfill and manages more than 100 acre s of certified wildlife habitat and The center, which opens July 1, will accept constructionm and demolition debris, yard debris and concrete and asphalt, wood, scrao metal, clean dirt, corrugated cardboard, appliances, tires, car motor oil, tin cans and plastic containers numbered one through seven. Wast e Management is based in Houston.
Waste Management of Oregon said the Hillsboro facilithy will accept construction anddemolition castoffs, such as asphalt, wood and metals. The 65,000-square-foot center cost the compangy $10 million and will meet sustainabilitty standards set by the Leadershi p in Energy and Environmental The building includes a translucent roof that alloww for natural lighting and reducesenergy consumption. The roof includese a system that harvests rainwaterr so it can be used laterf atthe site. A powerful ventilatiojn system circulates fresh air through the facility everg10 minutes. The project created 100 construction jobs and resulte d in 20permanent jobs. The new facility is at 3205 S.E.
Mintedr Bridge Road near Hillsboro. Waste Management also operates a nearby landfill and manages more than 100 acre s of certified wildlife habitat and The center, which opens July 1, will accept constructionm and demolition debris, yard debris and concrete and asphalt, wood, scrao metal, clean dirt, corrugated cardboard, appliances, tires, car motor oil, tin cans and plastic containers numbered one through seven. Wast e Management is based in Houston.
Wednesday, September 28, 2011
Woodbridge non-profit renews flood relief efforts - Inside NoVA
youngmanmeledero1636.blogspot.com
PotomacLocal.com | Woodbridge non-profit renews flood relief efforts Inside NoVA Mexicanos Sin Fronteras held a press conference at the Holly Acres mobile home park in Woodbridge Tuesday morning and gave updates on housing and donation efforts for flood victims. They also announc (more) Debris from receded water caused Blackburn ... Group to hold benefit event for Prince William flood victims 40 Flooded Families Still Seek Permanent Shelter in Prince William Flood Victims in Need of Permanent Housing, Donations |
Monday, September 26, 2011
BLM seeks comment on use of public land for large solar-energy projects - Phoenix Business Journal:
doqujamup.wordpress.com
The land management agencu that 24 large tracts of federal land in theWest — includintg nearly 21,000 acres in Colorado’xs San Luis Valley would be studied for their solar powee potential. Other states involved are California, Nevada, Arizona, Utah and New The goal is to speed project permittingtfor utility-scale solar power projects. The 24 tractse — known as Solar Energy Studty Areas, totaling 670,000 acree — will be evaluated for their environmentalk and resource suitabilityfor large-scaled solar energy production.
In Colorado, the threse areas in the San Luis Valley that will be part of the studyh could generate upto 4,182 megawatts of solar poweer if fully developed, accordint to the , which overseee BLM. Areas deemed suitable for largse solar power projects would be available for companies to builcd installations with a capacity of 10 megawatts or Companies proposing projects in these areax would be eligible for fasterpermig processing, the department said. The land in the Solarf Energy Study Areas will be looked at as part of anexistingv solar-power environmental impact study the department is conductinh in six Western states.
An in-depth environmental revies is being paid for with money from the American Reinvestmeny andRecovery Act, the announcement said. BLM said last monthy it has received 158 applications for solar powere projects on federal lands in the In Colorado, BLM is seeking comment on potentia solar development of lands in the De Tills Gulch, Los Mogotes East, Antonito Southeast, and Fourmile East areaws of southern Colorado. BLM managezs 256 million acres of federalpublic land, includinf more than 8 million in in PDF format. The public comment period endsJuly 30.
The land management agencu that 24 large tracts of federal land in theWest — includintg nearly 21,000 acres in Colorado’xs San Luis Valley would be studied for their solar powee potential. Other states involved are California, Nevada, Arizona, Utah and New The goal is to speed project permittingtfor utility-scale solar power projects. The 24 tractse — known as Solar Energy Studty Areas, totaling 670,000 acree — will be evaluated for their environmentalk and resource suitabilityfor large-scaled solar energy production.
In Colorado, the threse areas in the San Luis Valley that will be part of the studyh could generate upto 4,182 megawatts of solar poweer if fully developed, accordint to the , which overseee BLM. Areas deemed suitable for largse solar power projects would be available for companies to builcd installations with a capacity of 10 megawatts or Companies proposing projects in these areax would be eligible for fasterpermig processing, the department said. The land in the Solarf Energy Study Areas will be looked at as part of anexistingv solar-power environmental impact study the department is conductinh in six Western states.
An in-depth environmental revies is being paid for with money from the American Reinvestmeny andRecovery Act, the announcement said. BLM said last monthy it has received 158 applications for solar powere projects on federal lands in the In Colorado, BLM is seeking comment on potentia solar development of lands in the De Tills Gulch, Los Mogotes East, Antonito Southeast, and Fourmile East areaws of southern Colorado. BLM managezs 256 million acres of federalpublic land, includinf more than 8 million in in PDF format. The public comment period endsJuly 30.
Saturday, September 24, 2011
Alex McCord, Jill Zarin at War After Real Housewives Firing - Us Magazine
ejyceh.wordpress.com
ABC News (blog) | Alex McCord, Jill Zarin at War After Real Housewives Firing Us Magazine After getting fired from the hit Bravo show, Alex McCord is ready to place some blame: On Jill Zarin, also evicted from the cast. McCord, 37, told Good Morning America Friday that Zarin, 48, "has been trying to get me off the show for a number of years ... 'Real Housewives of New York' No More, Alex and Simon Dish on Ex-Cast Mates Video -- 'Real Housewives of NYC:' Alex McCord vs Jill Zarin -- placing blame? Former 'RHONY' Stars Jill Zarin V. Alex McCord: The Mudslinging & Blaming ... |
Thursday, September 22, 2011
ATSG stock up 34% on 1Q report - Business Courier of Cincinnati:
kapitonragomo.blogspot.com
The company's stock followed suit, jumping 34 percent, or 26 cents, to $1.0e in Tuesday afternoon ATSG posted first-quarter net income of $11.1 million, or 18 cents per share, comparef to $3.8 million, or 6 cents per share, in the year-ag quarter. Revenues fell to $280.6 millioh from $382.1 million a year ago. The Wilmington-based cargol airline company said it saw earnings gaine from its ACMI Servicex segment and its Cargo AircraftManagement segment. ABX Air, whicnh managed Wilmington Air Park and operated a sortingh and shipping hubfor , has been layin g off much of its work forcs as DHL shuts down its domestic package shippinh operations.
DHL is moving what’s left of the operatiobn to the Cincinnati/Northern Kentucky International Airport. “Wed reached agreements with DHL on some critica l matters and also signed agreements for new business that will furtherr enhancethe company’s retur on capital,” said Joe Hete, president and CEO, in a news Air Transport Services Group (NASDAQ: provides air cargo transportation and relatedc services through five
The company's stock followed suit, jumping 34 percent, or 26 cents, to $1.0e in Tuesday afternoon ATSG posted first-quarter net income of $11.1 million, or 18 cents per share, comparef to $3.8 million, or 6 cents per share, in the year-ag quarter. Revenues fell to $280.6 millioh from $382.1 million a year ago. The Wilmington-based cargol airline company said it saw earnings gaine from its ACMI Servicex segment and its Cargo AircraftManagement segment. ABX Air, whicnh managed Wilmington Air Park and operated a sortingh and shipping hubfor , has been layin g off much of its work forcs as DHL shuts down its domestic package shippinh operations.
DHL is moving what’s left of the operatiobn to the Cincinnati/Northern Kentucky International Airport. “Wed reached agreements with DHL on some critica l matters and also signed agreements for new business that will furtherr enhancethe company’s retur on capital,” said Joe Hete, president and CEO, in a news Air Transport Services Group (NASDAQ: provides air cargo transportation and relatedc services through five
Monday, September 19, 2011
MPS seeks employers for students with disabilities - The Business Journal of Milwaukee:
zycibyp.wordpress.com
The Affirmative Recruiting started inNovember 2008, pairs the studentse with area employers while the students are stilpl in school. The goal is that, upon the students will be hiredxin part-time or full-time In return, the employer receives a $2,400 tax credit from the statse Department of Workforce Development if the student works at leasyt 400 hours a So far, the only company to participate in the prograj is , also known as an HMO in Milwaukee that contracts with the statre Medicaid program. However, organizers hope to have all 25 special needes students currently enrolled inthe district’z School-to-Work Transition Program working before they graduate in May.
Keoryu Hawthorne, an 18-year-old student from , has been doing part-timd clerical work at iCare since Hawthorne was born with spina a disease that makes it impossiblre for her to walk without the assistancerof crutches. This is her first job. “I am stilol planning to go to MATC ( ) to become a certifieds nursing assistant, but I think what I’m doing here (at will help me out,” she said. Bill Jensen, vice president of marketing and salesat iCare, said he has been pleased with Hawthorne’sw work. “As an employer, you feel good knowiny MPS has carefully chosen a person forthe company,” Jensej said.
“And at the same time, the economixc value for the employer cannotbe underestimated. These are youth who are full of energyy and a willingness to trynew things. And who will work for competitivre wages.” MPS is working with the and , a Switzerland-based staffinv services company with officex inWest Allis, to match studentzs with employers. The MPS School-to-Work Transition Program teaches students with disabilitiesx interpersonal skills so they know how to handlw themselves onthe job, said Jane Ahl, an employment trainint specialist with the program.
“Wha t you end up with is a young perso n who knows to beon time, to be part of a team and who has the basi c skill set that makes them a good employee,” Ahl said. about 70 percent of students with disabilities are unemployex and stay unemployed when they graduate fromhigh school, said Dian e Howard, director of the MPS transition “Disabled people are not a population employers think abouf first when hiring,” Howard said. “This is a way to continuee what we startin MPS. It’s like passing the batonn from schoolto employer, rather than just throwing a footbalpl and hoping someone catches it.
” Nichole Mittelstaedt, area vice president for Adecco, said the program makee good business sense. “Theu come in trained, they come in on time and they come in readto work,” Mittelstaedt said about the students in the “In these economic times, you really can’t ask for
The Affirmative Recruiting started inNovember 2008, pairs the studentse with area employers while the students are stilpl in school. The goal is that, upon the students will be hiredxin part-time or full-time In return, the employer receives a $2,400 tax credit from the statse Department of Workforce Development if the student works at leasyt 400 hours a So far, the only company to participate in the prograj is , also known as an HMO in Milwaukee that contracts with the statre Medicaid program. However, organizers hope to have all 25 special needes students currently enrolled inthe district’z School-to-Work Transition Program working before they graduate in May.
Keoryu Hawthorne, an 18-year-old student from , has been doing part-timd clerical work at iCare since Hawthorne was born with spina a disease that makes it impossiblre for her to walk without the assistancerof crutches. This is her first job. “I am stilol planning to go to MATC ( ) to become a certifieds nursing assistant, but I think what I’m doing here (at will help me out,” she said. Bill Jensen, vice president of marketing and salesat iCare, said he has been pleased with Hawthorne’sw work. “As an employer, you feel good knowiny MPS has carefully chosen a person forthe company,” Jensej said.
“And at the same time, the economixc value for the employer cannotbe underestimated. These are youth who are full of energyy and a willingness to trynew things. And who will work for competitivre wages.” MPS is working with the and , a Switzerland-based staffinv services company with officex inWest Allis, to match studentzs with employers. The MPS School-to-Work Transition Program teaches students with disabilitiesx interpersonal skills so they know how to handlw themselves onthe job, said Jane Ahl, an employment trainint specialist with the program.
“Wha t you end up with is a young perso n who knows to beon time, to be part of a team and who has the basi c skill set that makes them a good employee,” Ahl said. about 70 percent of students with disabilities are unemployex and stay unemployed when they graduate fromhigh school, said Dian e Howard, director of the MPS transition “Disabled people are not a population employers think abouf first when hiring,” Howard said. “This is a way to continuee what we startin MPS. It’s like passing the batonn from schoolto employer, rather than just throwing a footbalpl and hoping someone catches it.
” Nichole Mittelstaedt, area vice president for Adecco, said the program makee good business sense. “Theu come in trained, they come in on time and they come in readto work,” Mittelstaedt said about the students in the “In these economic times, you really can’t ask for
Saturday, September 17, 2011
St. Anthony Messenger to cut jobs, shift focus - Business Courier of Cincinnati:
onesawava.wordpress.com
The Over-the-Rhine-based communications firm said it will close its Cincinnatii telemarketing center and offer voluntary early retirement to employeeswho qualify. It also will stop usinfg its independentsales force. Publisher Father Dan Kroge r said the closing of the telemarketinv center will eliminate 42mostly part-time jobs. The companyy doesn't have a figure yet on employeee who will be leaving via the voluntaryretirement St. Anthony Messenger will eventuallyg add some jobs at its Clevelandtelemarketing center, but that won' t happen for several months, Kroger said. As part of its strategy changes, St.
Anthony Messenger will focuas on its inspirational products and services and move intonew markets, as well as expansd existing markets. The company also will look for cost savingsin inventory, utilities, salaries and among others. The decline of its traditionakl Catholic audience and the shifting of readersw from print toelectronic sources, as well as the weak are driving the changes, Kroger said in a news He added that St. Anthony Messenger has been working with the Xavie Leadership Center at to develop a new business plan andmarketingg strategy. Besides its 116-year-old flagship St. Anthony Messenger , the companuy publishes books and newsletters.
It also provideas audio books, syndicated radio programs, DVDs and among others, and operates seven Web sites. The companyt is sponsored by the Franciscan Friarsof St. John the Baptistr Province.
The Over-the-Rhine-based communications firm said it will close its Cincinnatii telemarketing center and offer voluntary early retirement to employeeswho qualify. It also will stop usinfg its independentsales force. Publisher Father Dan Kroge r said the closing of the telemarketinv center will eliminate 42mostly part-time jobs. The companyy doesn't have a figure yet on employeee who will be leaving via the voluntaryretirement St. Anthony Messenger will eventuallyg add some jobs at its Clevelandtelemarketing center, but that won' t happen for several months, Kroger said. As part of its strategy changes, St.
Anthony Messenger will focuas on its inspirational products and services and move intonew markets, as well as expansd existing markets. The company also will look for cost savingsin inventory, utilities, salaries and among others. The decline of its traditionakl Catholic audience and the shifting of readersw from print toelectronic sources, as well as the weak are driving the changes, Kroger said in a news He added that St. Anthony Messenger has been working with the Xavie Leadership Center at to develop a new business plan andmarketingg strategy. Besides its 116-year-old flagship St. Anthony Messenger , the companuy publishes books and newsletters.
It also provideas audio books, syndicated radio programs, DVDs and among others, and operates seven Web sites. The companyt is sponsored by the Franciscan Friarsof St. John the Baptistr Province.
Thursday, September 15, 2011
Giants Injury Report - ESPN
hundleyobajoji1908.blogspot.com
New York Post | Giants Injury Report ESPN Since Nicks finished the game with seven catches for 122 yards, he believes the injury isn't major. He plans to participate in individual drills on Friday. "The swelling went down, so it's a matter of bearing the pain right now -- and it's not too bad ... Justin Tuck Injury: Giants DE Likely to Play Against the Rams This Week NFL Notebook: Injury to Nicks not severe Patience tested as Giants defensive lineman Justin Tuck copes with neck injury |
Tuesday, September 13, 2011
Texas scheduled to get billions for technology, construction - bizjournals:
younkinesagugad1746.blogspot.com
Construction companies and technology firmws should already be tracking upcoming projectsdof interest. The funding will flow to local communitiess through a varietyof sources, including stimuluz funding, local bond initiatives, disaster recovery programss and non-stimulus grants. The influxz of dollars will result in thousands of opportunities to build new facilities, renovate and modernize existing upgrade and enhance existing technology and provide infrastructurw improvements. New and newly renovated facilities will also requireupgradede security, furniture, fixtures and equipment.
Despite all the talk surroundinyg the American Recovery andReinvestment Act, most of the funda have not yet started flowing. A recent report state that less than 6 percengt of the total funding has been released by thefederal government. Watch for Texas school districtx to receive large chunks ofthe funding. Some schoop districts already have authorization tobegin spending, but most of the activity is still a month or so away. This the Texas Education Agency will open an application periodd forthe $4 billion State Fiscapl Stabilization Fund — one of the largesty federal stimulus programs.
The stabilization fund is wrapped aroundr grant programs and the money can be used by district s for a variety of purposes such as the modernizing ofschookl facilities, upgrading technology infrastructure, purchasing technology products, building science labs, buying education equipment and redesigninv high schools for more efficiency and student success. In the fall, an additionak $60 million will be made available to Texas school districts through a fundintg source known asthe Ed-Tecbh grant program. This program funds the purchas e of technology to improvestudentr achievement.
Districts may also use the fundsd to buy technology to help with the management and analysis of student The Texas Water Development Board will get a large share of thestimuluas funding. Because of that, the agency has receiveed $10.7 billion in funding requestsa for clean water and drinkingg waterinfrastructure projects. Eligible applicants will be notifiex of their allocations in June and July and entitiess should begin advertising for bids on the construction projects by Texas was appropriatedabout $2.6 billion in stimulus fundzs for transportation projects. Some bidding processes have already begun, but the proces will be ramping upfor months.
Although detailzs are still pending, the ARRA also provides funding for improving broadband in rural and urban Depending on how the money is allocatecdin Texas, there is a potential for billiones of dollars to flow to locak communities. And, in spite of the weak economy, Texaxs voters approved more than $1.3 billion in locak bond elections onMay 9. The approvesd funding will finance capital improvement projects such as new andrenovatede facilities, technology, large equipment purchases and improvex infrastructure such as park s and drainage.
• College Station Independent School $144 million for a new high schooo campus, new elementary school new transportation facility, renovations to the existing high school and the purchasewof buses. • Carroll Independenr School District: $138 million for new schools, expansion of existinfg schools and an overhaul oftechnology infrastructure. • City of Plano: $128.6 millionm for capital improvement program projects forpublic safety, libraries, park improvements, recreation center improvements, street improvements and a technology servicw facility. • Allen Independentg School District: $119.
4 million for a new athleti stadium, high school auditorium, transportation maintenance and studentrnutrition center. • Midland County Hospitalk District: $115 million for facility improvements to Midlanf Memorial Hospital including a new patient tower with 240-plus beds, expanded emergency facilitie s and more telemetry beds. Even more fundinhg will make its way to Texas in the formof non-stimulus grantss to school districts. A bill approves earlier this month bythe U.S. House of Representativesd would provide Texas school districts withabout $600 million to modernize schools and improve energy efficiency.
In addition, the bill includes $600 million in separate funds for public schools damaged by Hurricanesz Katrinaand Rita. The programs discussed here represent only a few of the sourceas of federalstimulus funding. Therse are many other programs that will provide fundinvg for airportimprovement projects, port security, transit improved security and more. Government contractors should be lovingv life in Texasthese days.
Construction companies and technology firmws should already be tracking upcoming projectsdof interest. The funding will flow to local communitiess through a varietyof sources, including stimuluz funding, local bond initiatives, disaster recovery programss and non-stimulus grants. The influxz of dollars will result in thousands of opportunities to build new facilities, renovate and modernize existing upgrade and enhance existing technology and provide infrastructurw improvements. New and newly renovated facilities will also requireupgradede security, furniture, fixtures and equipment.
Despite all the talk surroundinyg the American Recovery andReinvestment Act, most of the funda have not yet started flowing. A recent report state that less than 6 percengt of the total funding has been released by thefederal government. Watch for Texas school districtx to receive large chunks ofthe funding. Some schoop districts already have authorization tobegin spending, but most of the activity is still a month or so away. This the Texas Education Agency will open an application periodd forthe $4 billion State Fiscapl Stabilization Fund — one of the largesty federal stimulus programs.
The stabilization fund is wrapped aroundr grant programs and the money can be used by district s for a variety of purposes such as the modernizing ofschookl facilities, upgrading technology infrastructure, purchasing technology products, building science labs, buying education equipment and redesigninv high schools for more efficiency and student success. In the fall, an additionak $60 million will be made available to Texas school districts through a fundintg source known asthe Ed-Tecbh grant program. This program funds the purchas e of technology to improvestudentr achievement.
Districts may also use the fundsd to buy technology to help with the management and analysis of student The Texas Water Development Board will get a large share of thestimuluas funding. Because of that, the agency has receiveed $10.7 billion in funding requestsa for clean water and drinkingg waterinfrastructure projects. Eligible applicants will be notifiex of their allocations in June and July and entitiess should begin advertising for bids on the construction projects by Texas was appropriatedabout $2.6 billion in stimulus fundzs for transportation projects. Some bidding processes have already begun, but the proces will be ramping upfor months.
Although detailzs are still pending, the ARRA also provides funding for improving broadband in rural and urban Depending on how the money is allocatecdin Texas, there is a potential for billiones of dollars to flow to locak communities. And, in spite of the weak economy, Texaxs voters approved more than $1.3 billion in locak bond elections onMay 9. The approvesd funding will finance capital improvement projects such as new andrenovatede facilities, technology, large equipment purchases and improvex infrastructure such as park s and drainage.
• College Station Independent School $144 million for a new high schooo campus, new elementary school new transportation facility, renovations to the existing high school and the purchasewof buses. • Carroll Independenr School District: $138 million for new schools, expansion of existinfg schools and an overhaul oftechnology infrastructure. • City of Plano: $128.6 millionm for capital improvement program projects forpublic safety, libraries, park improvements, recreation center improvements, street improvements and a technology servicw facility. • Allen Independentg School District: $119.
4 million for a new athleti stadium, high school auditorium, transportation maintenance and studentrnutrition center. • Midland County Hospitalk District: $115 million for facility improvements to Midlanf Memorial Hospital including a new patient tower with 240-plus beds, expanded emergency facilitie s and more telemetry beds. Even more fundinhg will make its way to Texas in the formof non-stimulus grantss to school districts. A bill approves earlier this month bythe U.S. House of Representativesd would provide Texas school districts withabout $600 million to modernize schools and improve energy efficiency.
In addition, the bill includes $600 million in separate funds for public schools damaged by Hurricanesz Katrinaand Rita. The programs discussed here represent only a few of the sourceas of federalstimulus funding. Therse are many other programs that will provide fundinvg for airportimprovement projects, port security, transit improved security and more. Government contractors should be lovingv life in Texasthese days.
Sunday, September 11, 2011
2009 WNY middle school rankings - Silicon Valley / San Jose Business Journal:
ikefageze.blogspot.com
Profiles of the top 25 schools can be reached by clickintg on the names of thoseschools below. A breakdownb of the rankings for each section of Wester n New York can be accessedby . The followinb abbreviations havebeen used: CS-Chartedr School, EMS-Elementary-Middle School, ES-Elementary School, HS-High IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High School. Each school is followed by the name of the district that operatesit (if it’x a public school) or the district whered it is located (if it’s a privatw school). • 1. • 2. 3. • 4.
• 5. 6. • 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. 15.
Profiles of the top 25 schools can be reached by clickintg on the names of thoseschools below. A breakdownb of the rankings for each section of Wester n New York can be accessedby . The followinb abbreviations havebeen used: CS-Chartedr School, EMS-Elementary-Middle School, ES-Elementary School, HS-High IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primary School, SHS-Senior High School, VHS-Vocational High School. Each school is followed by the name of the district that operatesit (if it’x a public school) or the district whered it is located (if it’s a privatw school). • 1. • 2. 3. • 4.
• 5. 6. • 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. 15.
Friday, September 9, 2011
The 9/11 Generation - Center For American Progress
efenytan.wordpress.com
Center For American Progress | The 9/11 Generation Center For American Progress In the 10 years since I have learned that my experience was typical of most in my generation. Across the country young people were in school when the attacks happenedâ€"some in elementary school, others in high school or collegeâ€"and 9/11 liter » |
Tuesday, September 6, 2011
CoBiz posts $16M Q2 loss, begins stock sale - Business First of Buffalo:
xagawu.wordpress.com
million, or 72 cents per in the second quarter, as the weak econom y continued to exact a toll onthe company, officialse said Monday. The loss comparexs with a profitof $4.2 million, or 18 cents per in the same quarter a year earlier. Denver-baser CoBiz (NASDAQ: COBZ) owns and Arizon Business Bank. The latest quarter’s resultas include a $35.1 million pre-tax provisionn for loan and credit losses, or 150 percenf of net charge-offs — which were $23.43 million — for the period.
“We continue to take a conservativ e posture in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision brings our allowance to loan ratioo to nearly 3.9 percent, one of the strongest in the While I remain confident in our senior management’w ability to effectively respond to the currengt credit obstacles, we felt it was prudentg to continue building the allowancde given the uncertainty in the economy.” Nonperforming assets ended the quarter at $93.98 million, or 3.7 percent of totakl assets, up from $52.65 million or 2 percent of total assetsx on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common stock. It will use the proceed for generalcorporate purposes, including supportinb the capital needs of its bank expanding operations, possible acquisitions and working capital needs. Last week, CoBiz announced it had hiredd Colorado and Arizonamarket presidents, , to oversee banking operationa in each market. “We remain focuseds on building our franchise during thesse challenging times and want to ensure we are positioned to take advantagd of unique market opportunitiew that we expect willpresent themselves,” Bangertg said.
“To that end, we recently announcer the hiring of Colorado and Arizona market presidents who will oversee all banking operations in theirerespective markets, provide direction for futurde growth and free up some of our existiny resources to focus on high quality business development We will also continue to dedicats appropriate resources through our Special Assets Group to addres s resolution of problem loans.
”
million, or 72 cents per in the second quarter, as the weak econom y continued to exact a toll onthe company, officialse said Monday. The loss comparexs with a profitof $4.2 million, or 18 cents per in the same quarter a year earlier. Denver-baser CoBiz (NASDAQ: COBZ) owns and Arizon Business Bank. The latest quarter’s resultas include a $35.1 million pre-tax provisionn for loan and credit losses, or 150 percenf of net charge-offs — which were $23.43 million — for the period.
“We continue to take a conservativ e posture in our provisioning for loan Chairman and CEO Steve Bangert said ina “Our second quarter provision brings our allowance to loan ratioo to nearly 3.9 percent, one of the strongest in the While I remain confident in our senior management’w ability to effectively respond to the currengt credit obstacles, we felt it was prudentg to continue building the allowancde given the uncertainty in the economy.” Nonperforming assets ended the quarter at $93.98 million, or 3.7 percent of totakl assets, up from $52.65 million or 2 percent of total assetsx on March 31.
Separately on CoBiz said it had begun a sale ofabout $45 million of its common stock. It will use the proceed for generalcorporate purposes, including supportinb the capital needs of its bank expanding operations, possible acquisitions and working capital needs. Last week, CoBiz announced it had hiredd Colorado and Arizonamarket presidents, , to oversee banking operationa in each market. “We remain focuseds on building our franchise during thesse challenging times and want to ensure we are positioned to take advantagd of unique market opportunitiew that we expect willpresent themselves,” Bangertg said.
“To that end, we recently announcer the hiring of Colorado and Arizona market presidents who will oversee all banking operations in theirerespective markets, provide direction for futurde growth and free up some of our existiny resources to focus on high quality business development We will also continue to dedicats appropriate resources through our Special Assets Group to addres s resolution of problem loans.
”
Sunday, September 4, 2011
Brewer puts state budget hole at $4B, unveils tax increase, budget plans - Houston Business Journal:
http://cerdito.net/index.php?catalog=B
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicabn governor sent a budget outlind to the Legislatureon Monday. It includes asking voters to approvea 36-month, 1-centy increase to the state’s 5.6 percent saless tax. She does not want to extenr the sales tax to currently exempted service sand items. A Democratic plan unleashed last week would lower the saleatax rate, but extend it to various services not already taxed.
The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-out of the $250 millionh state equalization rate property tax. That tax has been on but will come back at the end of the year withouttfurther action. Business and real estate groupw favor a full repeaol of theequalization tax. “While the governor’s budge t regarding state equalization repeall is astep forward, our organizatiobn cannot accept multiple historic tax increases without requisite spendint cuts that approach what the privatre sector has already said Tim Lawless, Arizona president of the National Association of Industrialk and Office Properties real estate group.
“Nows is especially not the time to raisre property taxes withthe Prop. 13 movementt lurking. We are open, to a ballot referral that lets the people decidee whether they want the sales tax rates increased alony with a future ballot measure to adjusrt automaticspending increases.” Lawles warned that bringing back a property tax that hits both homeowners and businesses could help spur 2010 ballot measurees that impose California Proposition 13-style restrictionsw on property taxation. Brewer said the salexs tax increase wouldbe temporary, and she woulr like to see some reductions down the road to corporatr and business taxes to help attract investments to the state.
Antita x advocates and conservative lawmakeras oppose the sales tax increasew and want to try to solve the fiscal 2010 budgett withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federal stimuluws money and program cuts to balance the The governor’s budget also looks to protecg university and public health fundinb via federal stimulus money, and wants voters in 2010 to undo currentf restrictions that keep the Legislature from cutting voter-mandatedx spending. Teachers unions and Democrats opposethat idea.
Brewer has talked about a five-point budget plan for but has not officially laid outher details. The Republicabn governor sent a budget outlind to the Legislatureon Monday. It includes asking voters to approvea 36-month, 1-centy increase to the state’s 5.6 percent saless tax. She does not want to extenr the sales tax to currently exempted service sand items. A Democratic plan unleashed last week would lower the saleatax rate, but extend it to various services not already taxed.
The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimates of $3 Brewer’s budget also calls for a three-year phase-out of the $250 millionh state equalization rate property tax. That tax has been on but will come back at the end of the year withouttfurther action. Business and real estate groupw favor a full repeaol of theequalization tax. “While the governor’s budge t regarding state equalization repeall is astep forward, our organizatiobn cannot accept multiple historic tax increases without requisite spendint cuts that approach what the privatre sector has already said Tim Lawless, Arizona president of the National Association of Industrialk and Office Properties real estate group.
“Nows is especially not the time to raisre property taxes withthe Prop. 13 movementt lurking. We are open, to a ballot referral that lets the people decidee whether they want the sales tax rates increased alony with a future ballot measure to adjusrt automaticspending increases.” Lawles warned that bringing back a property tax that hits both homeowners and businesses could help spur 2010 ballot measurees that impose California Proposition 13-style restrictionsw on property taxation. Brewer said the salexs tax increase wouldbe temporary, and she woulr like to see some reductions down the road to corporatr and business taxes to help attract investments to the state.
Antita x advocates and conservative lawmakeras oppose the sales tax increasew and want to try to solve the fiscal 2010 budgett withoutraising taxes. Brewer has promisedc to veto budgets that rely too much on federal stimuluws money and program cuts to balance the The governor’s budget also looks to protecg university and public health fundinb via federal stimulus money, and wants voters in 2010 to undo currentf restrictions that keep the Legislature from cutting voter-mandatedx spending. Teachers unions and Democrats opposethat idea.
Friday, September 2, 2011
Madoff gets 150 years in prison - Birmingham Business Journal:
retention-jackjacks.blogspot.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's The mastermind behind the bigges Ponzi scheme in U.S. history was sentenced on Monday morning in federal court in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff's attorney had asker for a far more lenient sentencse of12 years. In sentencing U.S. District Judge Denny Chin called thefraudr “staggering” and said that the “breach of trusyt was massive.” The judge described his acts as “extraordinarily evil.
” “N o other white-collar case is comparable in terms of the scope, duratio n and enormity of the frausd and the degree of the betrayal,” Chin Madoff confessed in Marcbh to 11 counts including fraud, money launderingf theft and perjury, among other things. His victims reportedluy number morethan 1,300 and stretch across the globe. Theier losses are estimated at morethan $13 billion. Priodr to sentencing, Chin heard from nine of the victimsa who talked about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’sa wealthy clients lived in Soutu Florida and lost their life savingw tohis scheme.
Fox, 86, said she is stil furious that the and the federa lgovernment didn’t expose Madoff’s fraued earlier. “The SEC is just as guilty as Madoftf and theyfailed us. Nobody seemd to do anything about it,” Fox said. She also took issud with the large fees being paid to peopler such asIrving H. Picard, the trustee who is handlinhg the liquidation ofBernard L. Madoff Investmentg Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It woulf be better to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretary inNew York, said she investefd $50,000 in 1987 because she was relatex to Madoff’s accountant, Jerry She said she was able to get some moneuy back from Social Securitgy payments she’d made over the years on income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforte by the trustee in bankruptcy proceedings who has begun sendinv out letters demanding the return of profite derived fromtheir investments.
Guy Fronstinn a Boca Raton attorney who hasadvisef Fox, said the government has “been good abou refunding taxes quickly” but there are delaysx in processing claims to the Securitiew Investor Protection Corporation. “Some of the peoplre I know are too busy with these other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the courtr had little choice but to levy the maximum sentencron Madoff.
“I don’t think the victimds should have been victimized again by havinyg him be able to leav e prisonone day,” said Atlas, whose firm continuew to advise clients abou t tax returns and possibly future claims againstt investment advisors who invested with Madoff. “I’m wonderinb if the trustee will be able to locate more than the billionj plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and property involved in certaibn of his crimes, according to a news releaser from the U.S. Department of Justice.
“While today’sw sentence is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernh District ofNew York, said in a news release. “We are focusedc on tracing, restraining and liquidating assets to maximizew recoveries forthe victims.”
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's The mastermind behind the bigges Ponzi scheme in U.S. history was sentenced on Monday morning in federal court in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff's attorney had asker for a far more lenient sentencse of12 years. In sentencing U.S. District Judge Denny Chin called thefraudr “staggering” and said that the “breach of trusyt was massive.” The judge described his acts as “extraordinarily evil.
” “N o other white-collar case is comparable in terms of the scope, duratio n and enormity of the frausd and the degree of the betrayal,” Chin Madoff confessed in Marcbh to 11 counts including fraud, money launderingf theft and perjury, among other things. His victims reportedluy number morethan 1,300 and stretch across the globe. Theier losses are estimated at morethan $13 billion. Priodr to sentencing, Chin heard from nine of the victimsa who talked about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’sa wealthy clients lived in Soutu Florida and lost their life savingw tohis scheme.
Fox, 86, said she is stil furious that the and the federa lgovernment didn’t expose Madoff’s fraued earlier. “The SEC is just as guilty as Madoftf and theyfailed us. Nobody seemd to do anything about it,” Fox said. She also took issud with the large fees being paid to peopler such asIrving H. Picard, the trustee who is handlinhg the liquidation ofBernard L. Madoff Investmentg Securities. “The trustee Picard is making hisown They’re paying these guys millions of dollars. It woulf be better to pay the investors directly,” Fox said.
Fox, a widoa who once worked as secretary inNew York, said she investefd $50,000 in 1987 because she was relatex to Madoff’s accountant, Jerry She said she was able to get some moneuy back from Social Securitgy payments she’d made over the years on income from Madoff accounts. However, she is worried that her disbursements may eventually be targeted in clawback efforte by the trustee in bankruptcy proceedings who has begun sendinv out letters demanding the return of profite derived fromtheir investments.
Guy Fronstinn a Boca Raton attorney who hasadvisef Fox, said the government has “been good abou refunding taxes quickly” but there are delaysx in processing claims to the Securitiew Investor Protection Corporation. “Some of the peoplre I know are too busy with these other issues to really care that much about what happened They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno said he believes the courtr had little choice but to levy the maximum sentencron Madoff.
“I don’t think the victimds should have been victimized again by havinyg him be able to leav e prisonone day,” said Atlas, whose firm continuew to advise clients abou t tax returns and possibly future claims againstt investment advisors who invested with Madoff. “I’m wonderinb if the trustee will be able to locate more than the billionj plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeitnearly $170 which represents the proceeds of, and property involved in certaibn of his crimes, according to a news releaser from the U.S. Department of Justice.
“While today’sw sentence is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernh District ofNew York, said in a news release. “We are focusedc on tracing, restraining and liquidating assets to maximizew recoveries forthe victims.”
Wednesday, August 31, 2011
Izard Nobel LLP Announces Class Action Lawsuit Against Sinotech Energy Limited - MarketWatch (press release)
vuwodu.wordpress.com
Izard Nobel LLP Announces Class Action Lawsuit Against Sinotech Energy Limited MarketWatch (press release) WEST HARTFORD, CT, Aug 30, 2011 (MARKETWIRE via COMTEX) -- The law firm of Izard Nobel LLP, which has significant experience representing investors in prosecuting claims of securities fraud, announces that a lawsuit seeking class action status has been ... |
Monday, August 29, 2011
Bankrupt EJ
retention-jackjacks.blogspot.com
which filed for Chapter 11 bankruptcgy Friday, will close stores in Texaas and Arizona ifit can’t renegotiate cheaper renta with its landlords. The University City-based companyg operates 15 discount shoe stores across the country underthe EJ’s Designer Shoe Outlet, E&J’s Designer Shoe Outlet and Shoe Centz names. The company previously was known as FamousBrandc Shoes. “The restructuring will enablre EJ Shoes which operatein Missouri, California, Texas and Arizona to continure to conduct business in its strongest retail locations while it renegotiates or drops leases in several the company said in a statement e-mailed to the Business Journal.
The company plans to continur to operate itstwo St. Louiws stores, which have recorded recent growthy in salesand revenue. The stores are located at 8620Olivee Blvd. and 9109 Watson Road. EJ’d also plans to keep open its Palm Calif., store. However, the company may close stores in Arizonza and the Houston areaif can’t renegotiate cheaper “In Houston, business at several storeds never fully rebounded after the hurricanes hit shuttinyg down all stores for 10 days and in particularly the Phoenix location has been hurt by diminishinvg numbers of snowbird shoppers who did not return this the company said.
EJ’s already closed a stor in Costa Mesa, According to the bankruptcy filing, the company has assetw of between $500,000 and $1 million and liabilities of between $10 milliohn and $50 million. EJ’s, formerlu known as Famous Brand Shoes, to the name in 2007 to St. Louis-basedc Inc., which then renamed its 23 Supermarketr of Shoes retail stores toFamous Footwear. EJ’w was founded in St. Loui in 1972 by Edwarr “E.J.” Nusrala and his family. Nusralaz and his family still are the majority shareholdersd inthe company.
which filed for Chapter 11 bankruptcgy Friday, will close stores in Texaas and Arizona ifit can’t renegotiate cheaper renta with its landlords. The University City-based companyg operates 15 discount shoe stores across the country underthe EJ’s Designer Shoe Outlet, E&J’s Designer Shoe Outlet and Shoe Centz names. The company previously was known as FamousBrandc Shoes. “The restructuring will enablre EJ Shoes which operatein Missouri, California, Texas and Arizona to continure to conduct business in its strongest retail locations while it renegotiates or drops leases in several the company said in a statement e-mailed to the Business Journal.
The company plans to continur to operate itstwo St. Louiws stores, which have recorded recent growthy in salesand revenue. The stores are located at 8620Olivee Blvd. and 9109 Watson Road. EJ’d also plans to keep open its Palm Calif., store. However, the company may close stores in Arizonza and the Houston areaif can’t renegotiate cheaper “In Houston, business at several storeds never fully rebounded after the hurricanes hit shuttinyg down all stores for 10 days and in particularly the Phoenix location has been hurt by diminishinvg numbers of snowbird shoppers who did not return this the company said.
EJ’s already closed a stor in Costa Mesa, According to the bankruptcy filing, the company has assetw of between $500,000 and $1 million and liabilities of between $10 milliohn and $50 million. EJ’s, formerlu known as Famous Brand Shoes, to the name in 2007 to St. Louis-basedc Inc., which then renamed its 23 Supermarketr of Shoes retail stores toFamous Footwear. EJ’w was founded in St. Loui in 1972 by Edwarr “E.J.” Nusrala and his family. Nusralaz and his family still are the majority shareholdersd inthe company.
Friday, August 26, 2011
Wednesday, August 24, 2011
The future of The Park in Charlotte - Charlotte Business Journal:
ugefuk.wordpress.com
One local developer who passed on buying The Park last year estimatee then that completion wouldcost $30 million. That figurd was based on a numberof factors: the cost of luxury finishese planned by Verna, the labof risks associated with new contractorx coming on to a partially completed recertification of engineering, and new insurance “There’s a lot of extra costs associaterd with taking over a project,” the developefr says, “but construction and labor have considerablyg dropped since last year.” A revisedf estimate of costs to finish The Park as it was designesd still puts it at about $24 he says.
Positioning The Park as condos for sale will be says local developerChris Branch, who moved his out of developingh condos and into apartments last “How long will it take to sell 100 condoss in this market?” Branch “Regardless of its structura viability now that it’s been out in the elements, can you sell it at a pace adequate to make an economic He says it mighft be just as difficult to offer the 106-unit towed as apartments, based on the personnel requirefd to run a rental complex. “It’s an odd Branch says. “The economics of a 100-unit building is not as good asa 200- to 250-uni community.
” Furman says the property could succeeds as an extended-stay hotel. Offices won’t work, he says, becauser there isn’t enough parking at the site. And convertinvg the building to offices would waste its expensiveplumbing layout. Furman notes the building has most of itsunits Verna’s company originally marketed The Park’s condoes at an average of $400 per squard foot for units that ranged up to 1,800 squarre feet. “The ironic thing is the building’d demise has nothing to do with theeconomy — it went sour beforee the economy,” Furman says. “Unfortunately, people see it and it becomea a billboard for how bad thingxare downtown.
”
One local developer who passed on buying The Park last year estimatee then that completion wouldcost $30 million. That figurd was based on a numberof factors: the cost of luxury finishese planned by Verna, the labof risks associated with new contractorx coming on to a partially completed recertification of engineering, and new insurance “There’s a lot of extra costs associaterd with taking over a project,” the developefr says, “but construction and labor have considerablyg dropped since last year.” A revisedf estimate of costs to finish The Park as it was designesd still puts it at about $24 he says.
Positioning The Park as condos for sale will be says local developerChris Branch, who moved his out of developingh condos and into apartments last “How long will it take to sell 100 condoss in this market?” Branch “Regardless of its structura viability now that it’s been out in the elements, can you sell it at a pace adequate to make an economic He says it mighft be just as difficult to offer the 106-unit towed as apartments, based on the personnel requirefd to run a rental complex. “It’s an odd Branch says. “The economics of a 100-unit building is not as good asa 200- to 250-uni community.
” Furman says the property could succeeds as an extended-stay hotel. Offices won’t work, he says, becauser there isn’t enough parking at the site. And convertinvg the building to offices would waste its expensiveplumbing layout. Furman notes the building has most of itsunits Verna’s company originally marketed The Park’s condoes at an average of $400 per squard foot for units that ranged up to 1,800 squarre feet. “The ironic thing is the building’d demise has nothing to do with theeconomy — it went sour beforee the economy,” Furman says. “Unfortunately, people see it and it becomea a billboard for how bad thingxare downtown.
”
Monday, August 22, 2011
Survey: Food + driving = disaster - Atlanta Business Chronicle:
buluhofuce.wordpress.com
In fact, 80 percent of crashes and 65 percentof near-crashes involve driver “Distractions, like eating, can becomw a problem for drivers who can't react quickly to a sharp curvd or another driver's sudden stop,” the NHTSA said in a news “Unfortunately, just one accident may increase your car insurance rateds as much as 25 Coffee – because even with a lid, hot coffeew can find its way out of the Hot soup – same premise. Tacos because any food that can disassemble itselr will leave your car looking like asaladd bar.
Chili dogs – create a huge potentiao for drips and slops down the front of Hamburgers – from the greasse to the toppings, it could end up on your handd and the steering wheel. Ribs and wings seriously, what's more distracting than lickintgyour fingers? Fried chicken equals greasy fingers, and you've got to wipe them off while you're driving. Jelly donuts – impossibled to eat without having the centerooze out. Soda the combination of fizz in the nose and lids that leak is a recipdfor disaster. Chocolate – unless it’s there’s less of a chance it will melt in your mouthn and not inyour hands. Just how much of a problekm is this?
Exxon surveyed 1,00 drivers and discovered more than 70 percentr eat while driving and 83 percentdrinok beverages.
In fact, 80 percent of crashes and 65 percentof near-crashes involve driver “Distractions, like eating, can becomw a problem for drivers who can't react quickly to a sharp curvd or another driver's sudden stop,” the NHTSA said in a news “Unfortunately, just one accident may increase your car insurance rateds as much as 25 Coffee – because even with a lid, hot coffeew can find its way out of the Hot soup – same premise. Tacos because any food that can disassemble itselr will leave your car looking like asaladd bar.
Chili dogs – create a huge potentiao for drips and slops down the front of Hamburgers – from the greasse to the toppings, it could end up on your handd and the steering wheel. Ribs and wings seriously, what's more distracting than lickintgyour fingers? Fried chicken equals greasy fingers, and you've got to wipe them off while you're driving. Jelly donuts – impossibled to eat without having the centerooze out. Soda the combination of fizz in the nose and lids that leak is a recipdfor disaster. Chocolate – unless it’s there’s less of a chance it will melt in your mouthn and not inyour hands. Just how much of a problekm is this?
Exxon surveyed 1,00 drivers and discovered more than 70 percentr eat while driving and 83 percentdrinok beverages.
Saturday, August 20, 2011
Obama faced with threat of recession - Politico
kapitonragomo.blogspot.com
Politico | Obama faced with threat of recession Politico VINEYARD HAVEN, Mass. â€" Barack Obama is going where no president has gone before: going into an election year as a narrow favorite, despite facing the harbinger of a double-dip recession. Historians, analysts and Obama's own advisers are groping for ... |
Wednesday, August 17, 2011
SMF Energy announces $40M recapitalization - Wichita Business Journal:
hyhekim.wordpress.com
The company (NASDAQ: FUEL) said in a news releas that it estimates the recapitalization will reducseits short-term debt by $9.5 million, its total debt by $4.4 million and its cash requirements for interestr and dividends by more than $1 million a It said shareholders' equity has been increased by more than $4 milliomn as a result. SMF Energy said it extinguishedr all of itsexistinh non-bank debt and outstanding preferrerd stock through various agreements with dozens of existingv debt and equity while converting its existing $25 million asset-based lending facility into a new, more favorable, three-year, $20 millioj asset-based lending facility and a $5 million, 60-month amortizedf term loan, the proceeds of which were used to pay down $4.
86y million in secured notes and $125,000 in unsecured notes. The company said it issuefd new stock to make up the balanced paid for the cancellation and extinguishment of theexistinh investors' debt and equityy securities. Fort Lauderdale-based SMF Energy said in the releaswe that the recapitalization took placs with amended agreements withand . It said the only non-bank debt incurredd in the recapitalization was an unsecured subordinated promissory noteof $800,000p at 5.5 percent interest issued to an existinhg institutional investor in exchange for $800,00o of one of the August 2007 11 percent seniof secured convertible promissory notes.
The institutionak investor alsoexchanged $200,000 of the same secured note for shares of common stock priced at 38 cents a share, which was greater than the closing bid price of the stock on the day beforse the effective date. acted as SMF Energy’s placementg agent for the recapitalization and received fees of paid with a combination of cash and pursuant toa Feb. 1 investmenft banking agreement. SMF Energy suppliezs specialized transportation and distribution services for petroleumn productsand chemicals. It provides commerciak mobile andbulk fueling, along with other services to the transportation, construction, energy, telecommunications and governmenf services sectors.
Formerly known as , as of Nov. 30, it conducteds operations through 31 service locationss in11 states. Shares closes down nearly 3 cents to abou35 cents. The 52-week high was 71 cents on Aug. 28. The 52-weemk low was 10 cents on Feb. 20.
The company (NASDAQ: FUEL) said in a news releas that it estimates the recapitalization will reducseits short-term debt by $9.5 million, its total debt by $4.4 million and its cash requirements for interestr and dividends by more than $1 million a It said shareholders' equity has been increased by more than $4 milliomn as a result. SMF Energy said it extinguishedr all of itsexistinh non-bank debt and outstanding preferrerd stock through various agreements with dozens of existingv debt and equity while converting its existing $25 million asset-based lending facility into a new, more favorable, three-year, $20 millioj asset-based lending facility and a $5 million, 60-month amortizedf term loan, the proceeds of which were used to pay down $4.
86y million in secured notes and $125,000 in unsecured notes. The company said it issuefd new stock to make up the balanced paid for the cancellation and extinguishment of theexistinh investors' debt and equityy securities. Fort Lauderdale-based SMF Energy said in the releaswe that the recapitalization took placs with amended agreements withand . It said the only non-bank debt incurredd in the recapitalization was an unsecured subordinated promissory noteof $800,000p at 5.5 percent interest issued to an existinhg institutional investor in exchange for $800,00o of one of the August 2007 11 percent seniof secured convertible promissory notes.
The institutionak investor alsoexchanged $200,000 of the same secured note for shares of common stock priced at 38 cents a share, which was greater than the closing bid price of the stock on the day beforse the effective date. acted as SMF Energy’s placementg agent for the recapitalization and received fees of paid with a combination of cash and pursuant toa Feb. 1 investmenft banking agreement. SMF Energy suppliezs specialized transportation and distribution services for petroleumn productsand chemicals. It provides commerciak mobile andbulk fueling, along with other services to the transportation, construction, energy, telecommunications and governmenf services sectors.
Formerly known as , as of Nov. 30, it conducteds operations through 31 service locationss in11 states. Shares closes down nearly 3 cents to abou35 cents. The 52-week high was 71 cents on Aug. 28. The 52-weemk low was 10 cents on Feb. 20.
Monday, August 15, 2011
Austin Business Journal: Austin Commercial Real Estate Listings - View Commercial Real Estate
pifogyxat.blogspot.com
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Saturday, August 13, 2011
T. Cook's chef shares cruising cuisine - Phoenix Business Journal:
guronelogoh.blogspot.com
Holland America invited Hilsoh to host cooking classes as part of its Food and Wine atSea Hilson, known for his bubbling personalitty and “Iron Chef” will host demonstrations and classes as the ship saila the Mediterranean. While Hilsonh sets sail on June 24 forthe 12-day he has left a four-courswe menu for Arizonans not luckyg enough to get out of the heat. T. Cook’se will feature beef carpaccio with arugula and parmesan followed by a traditional Greek pseftokeftedes (fried tomato cakes) with fava bean puree, an entree of pasta alla carbonara (Rome), with a desery of crema Catalena (Barcelona).
The four-course dinnerr costs $40 per person with Spanisg and Italian wine pairings for each course costing anadditionaol $20 per person. The menu will be featured through June, July and August. Hilson will visity Dubrovnik, Corfu, Argostoli, Santorini, Catania, Naples, Rome, and Florences before arriving at the final port of Barcelona as part ofthe
Holland America invited Hilsoh to host cooking classes as part of its Food and Wine atSea Hilson, known for his bubbling personalitty and “Iron Chef” will host demonstrations and classes as the ship saila the Mediterranean. While Hilsonh sets sail on June 24 forthe 12-day he has left a four-courswe menu for Arizonans not luckyg enough to get out of the heat. T. Cook’se will feature beef carpaccio with arugula and parmesan followed by a traditional Greek pseftokeftedes (fried tomato cakes) with fava bean puree, an entree of pasta alla carbonara (Rome), with a desery of crema Catalena (Barcelona).
The four-course dinnerr costs $40 per person with Spanisg and Italian wine pairings for each course costing anadditionaol $20 per person. The menu will be featured through June, July and August. Hilson will visity Dubrovnik, Corfu, Argostoli, Santorini, Catania, Naples, Rome, and Florences before arriving at the final port of Barcelona as part ofthe
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