Wednesday, May 2, 2012
Moody getting shot at designing 2 key museums - San Antonio Business Journal:
Moody and Antoine Predock will competer against five finalists to designthe ’s $350 millio National Museum of African American Historuy and Culture in Washington, D.C. The pair also will work with Good e Van Slyke Architecture of Atlanta in a competition to desighnthe $125 million Center for Civip and Human Rights in Atlanta. The CEO of and Predocm last year won the design competition forthe $69 million Internationakl African American Museum planned for Charleston, S.C. The plannedx Smithsonian museum is thefamed institute’ s final development site along the Mall betweenh the U.S.
Capitol and the Washington Moody said the project was specialo because it touches onhis African-American heritage. “It will influence people of all ethnic groups who visirtthe museum,” he said. The Atlanta project is no less he said, because it will serve as a repositoryt of significant documents penned by civil rightsw leader Martin Luther King Jr. and others. Beingy asked to participate in the Moody said, caps his firm’s risingy reputation. “We have reached the level where we were qualifiex to offercreative ideas,” he “It puts us in a league of architects that we have only dreamef about.
” Moody and Predock will take leading rolees in designing the projects. Predock has extensivw experience inmuseum design. He worked on the in Fla.; in Winnipeg, Manitoba; American Heritage Centefr at the ; and the in Taipei, Taiwan.
Tuesday, May 1, 2012
Janelia Farm Research Campus to expand - Baltimore Business Journal:
The plans call for the Chevy Chase nonprofiyt institute to build new temporary campuds housing forgraduate students, postdoctoral researchers and visiting scientistsw near the main entrance of its firsrt standalone research campus, a 689-acr expanse that opened three years ago as the first of its kind in Northern Virginia. The entailing 60 new one-bedroom apartments, is meant to help the researchj institute attract more scientific taleng from around the world toits 240-strong “Graduate students and post docs are with us for a relativelg short period of time and they place a high value on living close to their laboratories,” said Gerrty Rubin, Janelia Farm’s director.
This marks the first major expansion forJanelia Farm, touted as a $500 million biomedicalo crown jewel for Northern Virginia, and a rare constructionb project in an otherwise gloom commercial real estate marke hit hard by the recession. WDG Architecturew of Washington, D.C., is helping desigmn the new 80,000-square-foot building, which will boast the same curved shape asthe flagship, glass-walled research building. Ashburn-basee Dietze Construction Group will oversee expected to begin this Labo r Day weekend and be completse ina year’s time. The four-story buildinf will include a ground floor with commo n areas and covered parkingy for61 cars, all topped by three residentia floors.
Each floor, incorporating naturakl light and loft-like configurations, will contain 20 one-bedroom apartments, most includinfg an additional den. They will join Janeliwa Farm’s housing village, already composed of 21 studiod and32 multi-bedroom apartments and by now fully occupiee by visiting staffers. The institute will chargwe the short-term residents rent to help coveer monthly expenses of thenew “It is intended to breaik even,” said Avice Meehan, institute “There’s no immediate plans for additional housing [after this project]. This will satisfy our needs for some timeto come.
” The Howard Hughes institutde has applied for up to $23 million in tax-exempt bondds with the Loudoun County Industrial Developmenf Authority to finance the apartment buildiny project and related costs -- an applicationh that must also go before the Loudounj County Board of Supervisors. With a $17.t billion endowment, Howard Hughes Medical Institut efunds long-term biomedical research by its 2,400 scientisf employees or collaborators nationwide, to the tune of $658 millionh last fiscal year alone.
Janelia Farm, anticipating to be fully staffe d in the nexttwo years, speny roughly $100 million on researcjh projects and operations last fiscal
Sunday, April 29, 2012
1 dead in tent collapse at St. Louis Cards game - CBS News
CBS News | 1 dead in tent collapse at St. Louis Cards game CBS News LOUIS - High winds swept through a beer tent where 200 people gathered after a Cardinals game Saturday, killing one and seriously injuring five others. But the owner of the St. Louis bar that hosted the crowd said it was lightning â" not wind â" that ... One dead, 100 in jured when wind hits beer garden |
Friday, April 27, 2012
Newsom: If Chronicle vanished, under-30s 'won't notice' - San Francisco Business Times:
has more bad news for the shrinking , saying in a May 14 articled it “stands a fair chance of becominbg the first major American city without adailg newspaper.” The British news weekly note in a story on “The rebirtbh of news” and attempts to revitalizee journalism using new technologiea and formats, that the -owned Chronicle “is trimming its alreaduy pared-down staff in an attempt to avoid And adding insult to injury, if it were to the newspaper said, quoting San Francisco Mayor Gavin Newsom, “People unde 30 won’t even notice.” The under orders from Hearst Corp.
to trim payrol costs significantly or facepossible closure, laid off 39 editoriakl and business staffers late last week, according to a tallyu by the Media Workers Guild. The Guildf said the layoffs announced last Thursdayand Friday, May 7 and 8, “appearf to be enough to meet immediate cost-cutting goals.” The 39 involuntart layoffs included 18 newsroom positions and 21 in advertising, ad productiohn and other commercial departments, according to a statement on the Guild’zs web site. Combined with 112 buyouts previouslyg announced, the Guild said, “that brings the tota l number of jobs eliminated since Marchto 151.
” It’e not clear yet whether the staff cuts and othet moves by the 144-year-old paper will be enoug h to stem financial losses estimated at more than $50 millionh annually by Hearst and as much as $70 millionm per year by other informed
Wednesday, April 25, 2012
Proxy firms offer opposing advice on Magna's Stronach - Reuters
Globe and Mail | Proxy firms offer opposing advice on Magna's Stronach Reuters Glass Lewis says withhold Stronach vote, ISS says vote in favor * Glass Lewis cites attendance, property deals TORONTO, April 25 (Reuters) - Two prominent proxy advisory firms have opposing advice for Magna International Inc shareholders who will ... Bus iness briefs |
Monday, April 23, 2012
Meet North Potomac's Mrs. Ground, Teacher of the Year Nominee - Patch.com
Meet North Potomac's Mrs. Ground, Teacher of the Year Nominee Patch.com Christie Ground, 30, of North Potomac, was among three finalists for Teacher of the Year, an honor bestowed by the Marian Greenblatt Education Fund, in collaboration with Montgomery County Business Roundtable for Education and Montgomery County Public ... |
Sunday, April 22, 2012
Local, statewide GOP runoff elections Tuesday - Opelika Auburn News
WALA-TV FOX10 | Local, statewide GOP runoff elections Tuesday Opelika Auburn News Local voters will help choose a GOP candidate for Alabama Public Service Commission president and determine the District 5 representative on the Lee County Board of Education during a Republican Primary Runoff on Tuesday. The runoffs are necessary ... Tiny turnout predicted at polls for PSC runoff Low turnout expected in PSC runoff |
Friday, April 20, 2012
Lawmakers looking to create stiffer penalties for pet thieves - WKTV
Lawmakers looking to create stiffer penalties for pet thieves WKTV By LEXIE O'CONNOR New York lawmakers are now considering a bill that would send someone convicted of stealing a pet to prison for up to four years for felony grand larceny. The State Senate passed the bill overwhelmingly Wednesday, and now it moves on ... |
Wednesday, April 18, 2012
IAOP Expands Outsourcing Professional Certification Training Globally - MarketWatch (press release)
IAOP Expands Outsourcing Professional Certification Training Globally MarketWatch (press release) POUGHKEEPSIE, NY, Apr 18, 2012 (MARKETWIRE via COMTEX) -- With the outsourcing industry continuing to experience 10 percent growth, the need for outsourcing professionals to stay up to date on the latest trends and standards is more pertinent than ever ... |
Monday, April 16, 2012
Health Care Property Investors completes CNL Retirement buy - Orlando Business Journal:
billion, a figure deal-makers have said markd the largest sale of a Centrak Florida company inthe region'xs history. Orlando-headquartered CNL Retirement was a real estate investmenr trust with investments mainly in independent assisted living and continuing careretirement communities, medical office buildings and other medicalp real estate. As of June 30, CNL Retirement ownef a portfolio of 273 properties in 33statexs (excluding properties held for With $11.5 billion in aggregate value now that the deal is Long Beach, Calif.-based Health Care Property Investorsz (NYSE: HCP) will includwe nearly 800 properties in 44 operated by companies such as Sunrise Senior Living Serviceds Inc.
, American Retirement Corp., HCA Horizon Bay, Erickson Retirement Communities LLC and Encore Seniotr Living, as well as commercial medicalk developers such as The Cirrus Groul and The Dasco Cos. LLC. The company plansx to establish an East Coast officin Orlando. Under the deal's terma and based on the price of HCP stockl at the close of themarket Oct. 4, HCP will pay CNL Retiremen shareholdersabout $13.85 per share, consistinfg of about 80 percent cash and 20 percenrt stock. CNL Retirement shareholdersa will getabout $11.13 cash and .0865 sharee of HCP common stock (valued at $2.72) for ever y share of CNL Retirement stock. At the time of the CNL Retirement hadaboug 264.
2 million shares outstanding. The deal includes the assumption or refinancing ofabout $1.7 billion of CNL Retirement's outstanding "This is a tremendous transaction for our shareholders and for HCP's shareholders," says CNL Retirement founder and Chairmann James M. Seneff Jr. in a HCP also bought , the external adviser to CNL for 4,378,918 shares of HCP commonb stock, sold as the result of a separatwe process. CNL Retirement's board of directors and a special committee of independent directors of the board unanimously approvedethe transaction, and shareholders agreef with the deal Sept. 26.
actexd as financial adviser to CNLRetiremenr Properties, and served as legalp counsel. acted as financiall adviser, and acted as legal adviser to thespecial
Sunday, April 15, 2012
Dish Network hit with contempt ruling in patent case - Denver Business Journal:
The decision by the U.S. District Court for East Texasz is a potentially costly lossfor Englewood-based Dish Network DISH) in its five-year-old battlwe over whether some of its DVR technologuy violates TiVo patents. . Dish Networmk issued a statement Tuesday saying it will appeak the contempt verdict and seek a stay onthe verdict’s requirementr that Dish start disabling featureds in many of its DVRs withij 30 days. “We believe a stay is warrantexd and that we have strong groundsfor appeal. Our engineere spent close to a year designingarounf Tivo’s patent and removed the very features that Tivo said infringe at trial.
Existing Dish Network customers with DVRs are not immediately impacted by theserecent developments,” the company’s writteh statement said. Dish Network has 13.6 millioj subscribers. A jury found in 2007 that DVR software in DishNetworko set-top boxes violated patents of Alviso, Calif.-based TiVo covering DVR playbacok features, like the ability to pause and rewinsd live programming while the DVR continues to Dish Network reprogrammed millions of its DVRs after the 2007 verdict with a it said removed any infringing But TiVo claimed Dish Network’as software “workaround” continued the old patent violationj and sought the contempt verdict from the Texas Losing the contempt battle has been noted by Dish Networok as a risk factor for the company, one that coulr put it at a competitive disadvantage by limitin the capabilities DVRs.
It proved costlyt in other ways, too. The contempt ordefr upped the financial penalty to Dish Networokby $103 million. The contempt order listecd total damages and interest award due to TiVoat $192.76 million. Dish Network has paid nearly $105 milliomn of the damages and interest from the initiap infringement judgement and hasanothed $27 million in escrow for according to Securities & Exchange Commissioh filings. Dish Network used to be part ofEchoStafr Communications. It split into two companies at the start of 2008, Dish Network and EchoStafr corporations. makes set-top boxes and related technologie and Dish network is itsprimary customer.
TiVo issue a statement Tuesday praising thecontempt ruling. “EchoStard may attempt to further delaythis case, but we are very pleasedx the court has made it clear that there are majoer ramifications for continued infringement,” TiVo’s press release
Friday, April 13, 2012
Cincinnati, Hamilton Co. propose 10 for Port Authority board - Atlanta Business Chronicle:
The two presented a slate of board members to OttoBudig Jr., president of Budco Group Tom Williams, president and CEO of Nortu American Properties; Lydia Jacobs-Horn, director, globalp facilities and real estate, Procter & Gamblde Co.; Marty Dunn, a partnerf with the law firm Dinsmore & Joe Zimmer, executive Greater Cincinnati Building & Construction Tradex Council; Clark Handy, senior vice president, humabn resources, Convergys Corp.; Lynn Marmer, group vice presidentr for corporate affairs, Kroger Co.
; Richarx Greiwe, principal, Greiwe Development Shane Wright, vice president and chief financial officer, GE Aviation; and Karehn McShea, managing director, Americaa & Caribbean, Colliers International. The Port Authority’s powers were expanded in August 2008 to include the abilityg to levya one-mill tax subjecgt to voters’ approval, the ability to own property and the powefr of eminent domain, subject to approval by the city and county. “Thd new structure will allow the Port to be a much more aggressive tool in our efforts to expand our local economty andcreate jobs,” Mallory said in a news release.
The city and countyu are expected to vote on the slate during theird meetingJune 17, according to the release.
Wednesday, April 11, 2012
Northwest Vista ranks 10th nationwide in measure of student degrees earned - San Antonio Business Journal:
ranked Northwest Vista 10th in the natiohn among the Top 100 Associate Degree Producersof 2008. The part of , conferred more than 600 associatee degrees and certificates over the past From 2003to 2007, Northwest Vista also increased its associatd degree attainment rate by 42.8 "What is significant is that our graduation numbers have increaseds faster than our enrollment, indicating that our initiativese to increase graduation rates are working," says Northwestr Vista President Jackie Claunch. Community College Week used data furnishede bythe U.S. Department of Education to compilsethe rankings.
The Education Department tracked institutions that have awarded over 500 associatr degrees in each of the past five In the accompanying Community CollegeWeek article, Northwesft Vista's participation in the Achieving the Dream Initiative and specialized academicd advising plans were both highlighted as specific programs that are raising the number of degreesz earned. Achieving the Dream is a nationa l initiative made up ofcommunity colleges, nonprofit education and publicv policy foundations and individuals. The initiative is designed to help more particularly low-income or students of color, earn certificates, degreesa or transfers to four-yearf colleges.
Northwest Vista Colleged opened in 1995 with12 students. Today, more than 10,000 students are enrolled in the school.
Monday, April 9, 2012
Gingrich: Romney 'most likely' will be Republican nominee; Sens. Conrad ... - Fox News
The Associated Press | Gingrich: Romney 'most likely' will be Republican nominee; Sens. Conrad ... Fox News He is far and away, the most likely Republican nominee. And if he does get to 1144 delegates, I'll support him. I'll do everything I can this f » |
Saturday, April 7, 2012
Serena advances, Venus eliminated - ESPN
USA TODAY | Serena advances, Venus eliminated ESPN AP CHARLESTON, SC -- Reigning US Open champion Samantha Stosur put the latest matchup in the Williams sisters' sibling rivalry on hold by r » |
Thursday, April 5, 2012
Boediono Akan Pidato, Gempa Menggoyang - Vivanews
Boediono Akan Pidato, Gempa Menggoyang Vivanews Gempa ini juga membuat ratusan palajar SD Panjangrejo, Kecamatan Pundong, Kabupaten Bantul yang tak jauh dari pusat gempa langsung berhamburan keluar kelas. Sementara itu di luar tempat acara, puluhan mahasiswa dari berbagai kampus di Yogyakarta ... |
Wednesday, April 4, 2012
DiNome abandons quest to lead Reed Smith - Puget Sound Business Journal (Seattle):
Reed Smith spokesman Dave Egan told the Pittsburgh Businessa Times that Jordan and DiNome issued a joinf announcement tothe Pittsburgh-based firm Tuesday mornin g that DiNome has withdrawn his candidacy. “They sat down and talkex and discovered they had a lot ofcommom ground,” Egan said. “Many of the thinge John was concerned about, Greg was working on. They agreeds that the best thing for the firm was to focuss on business insteadof competing.” reported last week that DiNom was challenging Jordan, who was seeking his fourth three-yeat term as managing partner of the law firm.
DiNome sent out a 10-page statement of candidacy to all Reed Smith partnerds in which he questionefdthe firm’s business the compensation and transparency of senior management, and calledc for a more independent executived committee. The memo was obtained by the Business Journal. DiNome and Jordan had said they agreed to not speakj publicly about the contested race to leadthe 1,600-lawyer which has 150 lawyers in Philadelphia. The firm partnership will vote in the winner, who will now certainlg be Jordan, will start his new term in Jordan has not been opposed sincwe he first sought the job in when he beat Philadelphiz litigator John Smith.
Jordan’s tenure has been viewedd as extremely successful. He has grown the firm througy a series of significantr mergers from 500 lawyerz in nine officesto 1,600 lawyere in 23 offices, including new ones in Asia and California. Focusing on a core group of practices with highbilling rates, Jordan also drastically increased the firm’s profitability. But with the economhy sagging, Reed Smith’s transactional practices have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legao secretaries last summer and salarie forall U.S. associates by 10 percentt last month.
DiNome, a labodr lawyer, joined as part of a group from Montgomergy McCrackenWalker & Rhoads led by Karl Frittonm in 1996. A graduate of West Point, he speny seven years in active duty as a field artillergy officer before attending Rutgers University Schoolof Law-Camden.
Monday, April 2, 2012
Carolinas HealthCare System forms cardiac unit - Charlotte Business Journal:
The newly formed Sanger Heartf and Vascular Institute comprisesthe , , and . Joseph Piemont, chiecf operating officer at Carolinas HealthCare, says the chang is consistent withthe system’s goal of operatin as a unified “The new structure will create seamlesds interaction between the care provider by Sanger and Charlotte Cardiology Associatees staff in their medicalo offices and in the hospital setting in which they serve patients.” Dr. Paul president of Sanger Clinicc and Carolinas Heart andVascular Institute, will becomee president of the Sanger Heary and Vascular Institute.
After July 1, all Sanger Clinic and Charlotter Cardiology Associates medical offices and practice locations will be referre to as Sanger Heart and VascularInstitute facilities. More than 420 physiciansw and support staff will be affected by the blending ofcardiacf services. They work in more than 30 full- and part-timse medical offices spread across 16 countiee inthe Carolinas. In addition, a large numbere of hospital-based personnel working in cardiaccath labs, operatinh rooms, etc. will come under the Sangerd Heart and VascularInstitute umbrella. Charlotte-based Carolinaz HealthCare employs morethan 1,300 physicians. Its flagshipo facility is , an 874-becd hospital in midtown Charlotte.
Saturday, March 31, 2012
Report forced health-care changes - Tampa Bay Business Journal:
A state commission createed havoc for Western New York health care executives in late 2006 with a list of recommendationws that included closing hospitals and merging competinhealth systems. Two and a half yearsa have passed since the Statd Commission on Health Care Facilities in the 21st Centur y made publicits report, which would come to be known simplh as the Berger Commission after its chairman. Some say the commissio forced the beginning ofreform efforts, while otherz still have doubts on its efficacy.
One thing is Health care in the eight-county region has undergone sweeping Arguably the most visible of those changesw has been the creationof , a unifying parent company formed after a year of intense fighting betweenb and Jody Lomeo, ECMC president, says the two organizationss would never be where they are toda y had it not been for the Bergeer Commission. “They’ve inspired us to go from a competitiv e situation to more of a collaborative situation and realluy to finally takea good, hard look at what’s right for the community on a much larger scale than just our individuakl institutions,” he says.
James Kaskie, Kaleida presiden t and CEO and president of Great LakesHealth System, says the commissio n forced reform that was Still, he says Western New York faced changes that othere regions of the state avoided through politics. “A lot of marketas should have stepped up to the reform effortand That’s not true for Western New York,” he says. Kaskiwe called the creation of Great Lakes Healtgh one of the greatest outcomes of theBergee Commission, helping to eliminatwe duplication and improve access. Next will come the joint creation of the GlobakVascular Institute, followed by the closure of Millard Fillmore Hospitalp – Gates Circle.
“It’d just starting a chain reaction of positive he says. The Catholi Health System has implementedr all of theBerger Commission’s recommendations, includinyg shuttering its Nazareth Nursing Home and avoiding a closurr at St. Joseph Hospitalo by transitioning it to a satellite campus of Sisters ofCharityu Hospital. But CHS officialsw caution against seeing Berger as a catalystfor “It wasn’t really says Dennis McCarthy, vice president for publid relations and government affairs.
“This was about capacity and abouyt closing buildings and while some of that might have been worthb considering and part of an overall reform plan, it’s only a piecr of how you reform health care. Many of the reformxs happening in health care now are more likel y a result of the economy andbudgetary issues, he “In the end, it’s hard to say which. It’ like a marble cake – it’s hard to pull it out once it’ mixed in,” McCarthy says. “Did Bergerf have an impact? Absolutely. Was it a good one? We don’rt know.
” Others agree the jury’s stil l out on how the Bergerf recommendations will affect health Bruce Popper is vice presidentat , whichy represents 7,000 hospital workers at 14 facilitiex between Rochester, Buffalo and the Southern Tier. Popper says the underlyinv premise of the commission was that cutting excesz capacity wouldcontain costs, but the reverse seems to be the SEIU’s Rochester facilities are under capacity and premiums are actually Sheila Kee, associate commissionetr for the state Health Department’s Western says the outcome of the Berger Commissionm goes way beyond simply cost savings.
Organizations are cooperating and workin g together in ways no one would have imagined threeyeare ago, including ECMC and Kaleida; and TLC Healthg Network to the south; and and to the “It’s beautiful to see that,” she “Not only are they doing that, but they’re thinking and they know there’ s strength in numbers. That’s the kind of things that lead to betteehealth care.” “So is it perfect No,” Kee says. “Is it a majodr step forward? Absolutely.
”
Thursday, March 29, 2012
Bank guard killed, 6 people hurt in shooting, grenade blast in downtown Manila ... - Washington Post
Bank guard killed, 6 people hurt in shooting, grenade blast in downtown Manila ... Washington Post MANILA, Philippines â" Police in the Philippines say two robbers opened fire and threw a grenade inside a mall in downtown Manila, killing a security guard and injuring at least six people. Chief Superintendent Mario dela Vega says two bank tellers ... |
Tuesday, March 27, 2012
Fed Ex eyes E. Greenbush site for plant - Triangle Business Journal:
FedEx plans to tear down the building at 253 Troy Road in East a former manufacturing site for AlbanyInternational AIN). That company closed the plant in 2007, cutting 137 The 73-acre site is listed on the marketfor $14.9 million. It’s locatecd near exit 9 on and being listed byNAI Platform, of Moore said FedEx is startingy to work on facility designs and requireds studies, such as environmental impact assessments. He said ther is no time framw for making a decision on whethed to allow FedEx tomove in. “The town is lookin at it as a potentialp asset, but we’re withholding any initiak judgments until additional studiesare performed,” Moorer said.
“As is always the traffic along Route 4 issomething we’ll look at Moore said he did not know how many jobs the facility wouldr create.
Sunday, March 25, 2012
Hot Leads: a column on startups, expansions, moves and new products - Tampa Bay Business Journal:
• opened at 8316 N. Dale Mabry Tampa and 6013 WesleyGrovee Blvd., Wesley Chapel, to offer T-mobile products and For more information call (813) 901-9800 or 929-7788. • opened at 1211 N. West Shore Tampa, to offer settlement and closing services for residential andcommercial properties. For more information call (813) • Brokerage franchise opened at 3239Henderson Tampa. For more information call 769-0850. • opened at 128 S. Kentucky Ave., Lakeland. The storwe provides scrapbooking materials and offers classeseon Saturdays. For more information call 688-9933. • The city of Oldsmar will open a Downtown Freshy Marketon Nov. 5 at 100 Stat Street W.
It will sell produce, cheeses, plants, herbs, organic productsa and other items. For more informatiomn call (727) 733-4215. • openedd new headquarters at 7702 WoodlandCenter Blvd., Suitd 50, Tampa. The company provides electronic invoice exchange and financialsettlement services. For more informatiomn call (813) 288-1980. • opened its firs LEED certified location at 7595Fourth St. N., St. Petersburg. For more informatiob call (727) 526-3258. • Closeout retaik chain opened at3048 E. College Ave., Ruskin. For more information call (813) 641-7349. • relocated to 1503 S. U.S. 301, Suite 17, Tampa.
For more information call (813) • in Tampa will add a lunchg menuon Nov. 3. The restaurantg specializes in Hawaiianfusion cuisine. Kiel Lombardo is the There is anadditional Roy’s location in For more information call (813) 873-7697. • The Pete Beach Looper Trolley launched service in It travels between Gulfportand St. Pete Beacjh and connects with the Suncoast Beach Trolley that travelxs along Gulf Boulevardin St. Pete Beach. For more informatio log on to ci.gulfport.fl.us. • in Tampa launchedf the Go Local! Banner Advertisintg Program. It allows advertisers to place rotating banner ads on TampaBay Company’s Web site.
For more information log on to
Friday, March 23, 2012
Chick-fil-A debuts peach milkshake - Atlanta Business Chronicle:
The fast-food chain will offer a peacg flavor hand-spun milkshake from June 1 through Aug. 22 at the chain'sx mall and stand-alone restaurants. The Peach Milkshaker is made with realpeaches "home-style" ice cream and is toppexd with light whipped cream and a maraschino cherry. Atlanta-basex Chick-fil-A also will introduce a smaller milkshak e option that will remain on themenu permanently. Chick-fil-z Milkshakes will be sold in 14 oz. or 20 oz. cups and priceds at $2.49 and $2.89, respectively, at most locations.
"Wer continue to build upon the overall success ofour hand-spun milkshakes by creating limited-time flavorss as a way to celebrate special times of the said Woody Faulk, Chick-fil-A vice president of brand development, in a "Our previous limited-time flavors have helpe d maintain interest in our milkshak line among existing customers and also have helped us win new customers who were not aware of Chick-fil-A's Some might say it's about time that the chain basedr in Georgia, the 'Peach State,' comes up with a great-tasting peacyh shake with real peaches in Chick-fil-A, with more than 1,440 locations in 38 statews and Washington, D.C., generated more than $2.
966 billion in sales in 2008.
Wednesday, March 21, 2012
Maryland unveils 10-year plan to bolster biotech - Washington Business Journal:
Citing recommendations by his 18-month-old Life Sciences Advisor Board, Gov. Martin O’Malley announce a strategic plan he said will help turn his ambitiou hopes fora nation-leading biotechg enterprise into reality. The governor outlined those based onhis $1.3 10-year plan, May 20 at the BIO 2009 Convention in Most of the steps entaik increased funding for an uphill request in a tough economy as the statd continues to reconcile massive budget cuts. The advisory boarrd said it has extended timelines for meetinb thosefunding challenges, but some proposals were alreadh left on the cutting-room floor after this year’ s legislative session.
The firsft of the board’s steps is one O’Malley announced earlier in Rockville: Montgomery County and Baltimore will each houses a branch of a newly establishefd MarylandBioscience Center, a $6 million clearinghouse for all of the state’sw programs related to the life scienced industry.
Sunday, March 18, 2012
Atalaya Capital wins deal for Bennigan
Atalaya Capital said it expects to closes on the deal on orbefore Oct. 31. Financialo terms were not Bennigan's is looking to re-open up to 60 previouslyg closed restaurants and add new locations domesticallyand internationally. Bennigan'ws also plans a new culinary program and will hire a marketingb consultant to help repositionthe brand, includin g the introduction of a new fast-pub prototypre and concept.
"We're thrilled to have reacher an agreement with the bankruptcy court for the acquisitiohn of and our goal is to continue to partneer withexisting franchisees, as well as new to grow the Bennigan'e Grill & Tavern brand," said Joel Holsinger, a partneer at Atalaya Capital, in a statement. "We are excitee about working with everyone involved in the company to reinvigoratethe Bennigan's
Friday, March 16, 2012
NCR moving HQ to Duluth, to bring 2,100-plus jobs to Georgia - Washington Business Journal:
adding clout to metr o Atlanta’s technology reputation. NCR will relocate 1,2500 corporate jobs to its Gwinnett County a source familiar with theplan said. The company is also expected to launcha 550,000-square-foot manufacturin g operation in Columbus, Ga., wher e it will employ nearly 880, the sourcs said. Georgia Gov. Sonny Perdue is expectexd to make the official announcement NCR CEO Bill Nuti andOhio Gov. Ted Stricklandf spoke by phoneMonday evening, and Nuti told Stricklanrd the company has been looking at Georgia for some an official in the Ohio governor’sx office told Atlanta Business Chronicle sister publication Daytom Business Journal (DBJ).
In a lettet to Nuti obtained by theChronicle , Stricklane to convince Nuti to keep the companyg in Ohio. On May 31 , the Chroniclw , and the DBJ , firsyt reported . NCR (NYSE: NCR), which makes automater teller machines (ATMs) and retail self-checkouts, will be Georgia’ s 14th Fortune 500 companuy and the secondin Duluth. Last July, ABG) announced the relocation of its headquarters to Dulut fromNew York. NCR, which employz 20,000 employees globally, ranked 446 on the 2009 Fortuned500 list. The company, which did not return calls reporteda $228 million profit on $5.3 billion in revenue last year.
Last NCR said it wouldc move its Worldwide Customer Services headquarter tometro Atlanta, investing $15 million and creating more than 900 jobs in Peachtrese City and Duluth. In October, NCR said it woulrd co-locate an NCR Learning Center and its Custome r Care Center hub for the Americas regionj withthe company’s existing Global Service Materials operation in Peachtre e City. NCR, which occupies aboutr 150,000 square feet at its Satellite Boulevarc operationin Duluth, will lease an additional 100,000 to 200,000o square feet at that The corporate jobs will pay on averages about $70,000 annually.
The manufacturing distribution operation will be in two buildingse and willmake ATMs, accordintg to the source. Employees at that facilitty will make on averageabourt $43,000 annually, the source said. NCR receivedc tax incentives from both Gwinnett andColumbuas governments, the source said, declining to disclose details about the state’s incentive While Dayton -- where NCR was founded in 1884 -- is the company’as official headquarters, the city is not the centeer of the company’s influence. Nuti, along with the company’w chief financial officer and othersenior executives, maintain officee on an entire floor of 7 World Trade Centetr in Manhattan.
In March, NCR removed the languag e “world headquarters” from the sign at its Daytojn campus. Nuti will not be movinyg to Atlanta. Relocating to Atlanta — the commercial capital of the Southeast makes sense forthe company. Four of the citiesx in Ohio — Canton, Dayton and Cleveland— are among the top 10 dying citieain America, according to an August 2008 report in “They [NCR] can’t recruit talenrt to move to Dayton, the source said. (NYSE: DAL), HD) and (NYSE: STI) -- big NCR customerds -- are also based in metrlo Atlanta.
NCR supplies Delta with self-servicw kiosks, and NCR and Home Depot announced a deal in 2002 to install self-checkout lanes in about 800 of its 1,48 stores. In 2007, the two companies announcede a deal to expand the project into Home Depo storesin Canada. In SunTrust said NCR would upgrade existingb ATMs and provide new ATMs for all newSunTrusg branches.
Wednesday, March 14, 2012
Dolby projecting a bright future in 3-D movies - San Francisco Business Times:
With at least 40 major Hollywood movies scheduled for releasein 3-D in the next severalo years, theater owners worldwide are investing heavilyh in 3-D projection technology. And while the fielxd is now dominated by a Southernj California firm that got out front ofthe 3-D in just a year Dolbh has grabbed a significant share of the world’ws 3-D market. Since debuting its 3-D systemj in October of Dolby has sold 631projection kits, which retai for $26,000, in more than two dozemn countries. The company also supplies 3-D components to othetr projector manufacturers and licenses its technology to other makerz of digital cinemaplayback devices. Revenue from 3-D — at $16.
r million — is still a small part of Dolby’ss overall sales, which totalled $640.w2 million in fiscal year 2008. Real D of Beverly Hills, which began selling its systekin 2002, claims its system is on 1,6009 screens worldwide, about 1,350 of them in the United There are roughly 35,000 screens in the Uniteds States, and 120,000 worldwide, althoughn nobody expects all of them to go 3-D anytime soon. Jeff McNall, who supervises Dolby’s 3-D was watching intently this week to see how movie “Bolt,” which came out Nov.
21, performede in 3-D theaters, including in at least 10 locations in and near theBay “Bolt” was the third-highest grossing movie of the weekend, with a modesgt nationwide take of $27 million. It was releasede on a record 982 3-D screens out of 6,200 screens and they took in 38 percent of the or $10.3 million. Movie goerws typically pay a couple of dollars extrq to see a moviein 3-D. But the importanft thing to McNall is that so manymore 3-D movies will soon be comingv out. “This thing is reallyt happening. When Dreamworks and Disney say that all theie future releases willoffer 3-D, you know this is a big McNall said.
Industry insiders expect a dozen majorr films to be releasedin 3-D in and 40 in the next several years. “Wew have a movie right now every couplewof months. Next year there will be a 3-D movie coming out everyg month,” McNall said. The year’s 3-D offerings will culminate with director James Cameron’s hugely anticipated “Avatar,” his first majort release since “Titanic.
” The technology is clearlyy popular with theater owners because audiences have demonstrated a willingness to pay 20 to 30 percenft more to see 3-D versions of Jeremy Devine, vice presidengt of marketing for , a Dallas-based digital-onlyh theater company that recently opened a 14-screem theater in Brentwood, said that revenues for 3-D features can be up to thre times those generated by a regular film. “There is no way this is a fad. There is too much infrastructure, too much being he said.
Michael Lewis, CEO and co-founder of Real D, said the current situation with 3-D screens proliferating and movies waiting in line for a chanc e to show is a far cry from when there were just100 3-D screen s for Walt Disney’s animatedd “Chicken Little.” Lewis predicts his company will continuwe to dominate the market, asserting that its technology handlex large screens better, and the company makesa life easier for theater owners by licensing its technologyg as part of a packagse that includes maintenance and Real D has licensinh agreements with 100 exhibitors in 30 countries, includiny 17 of the top 20 distributors and a standard deal that allows it share in ticket receipts, he He declined to discuss the cost of a Real D saying there were numerouss variables that could affect price.
Michaeol Karagosian, a 3-D consultan to the National Associatiojn ofTheatre Owners, said that he has been told that many theaterf owners pay a roughly $25,000 annual fee to Real D. Karagosiaj said Dolby, which unlike Real D does not take a sharr ofticket money, has made impressivw inroads into the digital market quickly. Dolby’s main disadvantagse is the cost of the glasse s used withits kit, Karagosian Currently, the price for a single pair is and the glasses are reuse and must be cleaned. Karagosian said he expects to see the cost of the glasse s drop as Dolby figures out how to manufacture them cheaply inlarge volume.
Real D’s glasses are disposable and comparatively cheap, he Dolby has shipped nearly 300 kits across Europ and more than 100to Asia, while 141 have been sold in the Unite States. Karagosian expects both Dolby, Real D and smaller competitords to pick up customers as demandfor 3-D continuesx to grow. “It’s amazing. Who would have expectef that there would be so much Karagosian said. “It’s somethinh that people can’t get at home.
”
Monday, March 12, 2012
Report: D.C. area posts a strong economic performance - Charlotte Business Journal:
The report ranked the 100 largestr U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosure rates in thefirsft quarter. D.C. ranked No. 13, whilre San Antonio, Texas, placed No. 1 and Detroigt came in last at No. 100. “All metropolitamn areas are feeling the effectsa ofthis recession, but the distressw is not shared equally,” said Alan research director of the metropolitan policgy program at the D.C. institute and co-authodr of the report.
“While some areas of the countr have experienced only ashallow downturn, and may be emerginh from the recession people living in metrio areas that are now performing weakestg economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metro arease were starting to show signs of said the report, and said McAllen, Texas was the only places that saw growth in employment and Output increased in just a handful of metrk areas, including D.C.; Seattle; Austin, Texas; and Virginiaw Beach, Va.. The report also pointed out that metro areasw with concentrations of jobs in certain sectore have resulted in fewer dramaticdjob losses.
The Rankings: San Antonio, Texase Austin, Texas McAllen, Texas Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Beach, Va. Harrisburg, Pa. Pa. New Haven, Conn. Rochester, N.Y.
Saturday, March 10, 2012
Survey: Firms struggle to fill jobs - Portland Business Journal:
The company says 30 percent of employers worldwide are strugglingy to findqualified personnel. Positions in the skilled sales, technical work and engineering remain the most difficultg for employers tofill globally. Manpower surveyer nearly 39,000 employers in 33 countriexs and territories to gauge their abilithy to find the talentthey need. The 10 hardes jobs to fill, as reported by 2,0000 U.S. employers in 2009, are: 1. 2. Nurses. 3. Skilled/manual trades. 4. Teachers. 5. Sales 6. Technicians. 7. Drivers. 8. Information-technologg staff. 9. Laborers. 10. Machinist/machine operators. Even with U.S.
unemployment at or near recordc levels inmany areas, Manpower’s research highlights the probleme many employers have in finding individuals with the right combinatiobn of job-specific skills, experience and “In the four years we have performed this the same positions appear on the list again and says Jonas Prising, Manpower’s president for the Americas. “Despites the current economic instability and high there are still skills thatthe U.S. work force seems to The U.S.
findings are part of a Manpowerd global study that surveyed morethan 39,000 employersz across 33 countries and territories in Wisconsin-based Manpower (NYSE:MAN) specializes in permanent, temporary and contractr recruitment, employee assessment, training, consultinbg and professional-financial services.
Thursday, March 8, 2012
Eddie Bauer strikes deal to be bought - South Florida Business Journal:
The company announced that it strucl an agreement withNew York–based private equityt firm LLC to buy Eddiw Bauer’s assets, subject to an auctiohn and bankruptcy court approval. CCMP Capita intends to operate the business as a going concernn with little orno long-term debt. Accordinv to Eddie Bauer, CCMP Capital has agreede to keep a majority of the 371 stores open and retain a majority ofthe employees. CCMP Capital specializesz in buyouts and looks for investmenyt opportunities in retail and other and have made investments in the outdoors specialtyretailer Cabela’s, which sells fishing and camping gear.
Eddie Bauer said it hopex to operate business as usual during bankruptct court proceedings and has asked for court approval to continued paying vendors and The company also said it intends to honor custome rgift cards, returns and loyalty program points. The company also announcex that it has secured a commitmenrt from its existing revolvingcredit , and CIT Group/Business Credit, Inc. for so-called debtor-in-possession (DIP) financing of $90 million on an interim basiaand $100 million basedr on the final court order. The the company said, should provide it with ample cash flow to continuee payingits bills. “Eddie Bauer is a good company with a great brand and a badbalance sheet.
This procesx will allow the business to emerge with farless debt, positioned for growtnh as the economy recovers and as our new products gain said Neil Fiske, Eddie Bauer president and chiefg executive officer, in a statement. “Wwe expect this process to be completeddvery quickly, protecting our employees and critical vendorf partners every step of the way. “We have made good progress on our turnaround strategy of returning Eddie Bauer to its heritage as an active outdoor brands and have exciting new producy launches on the wayto market, including First our return to expedition-grade outerwear and Unfortunately, a crushing debt burdebn placed on the company from the Spiegel reorganizatiohn in 2005, combined with the severe, prolonged have left us with no choicr but to use this process to reduce the debt load on the business.
” Eddie Bauert had struggled with its debt — a crisids that worsened as revenue dropped, part of an overalk trend affecting most retailers during the The company has lost nearly a half billion dollara in the past threse years. Those losses, coupled with the impacft of the recession and debt payments apparently pushed the compant into bankruptcycourt — a move that was rumores for months. Eddie Bauer became the lates major retailer to succumb to filing in bankruptct courtthis recession.
The list also includes Linens ‘nb Things, Circuit City and Sounsd Advice Inmany ways, Eddie Bauer’s crisies is not different from what most retailers are facing durinb this prolonged and deep said Greg Charleston, an Atlanta-based consultant for Conway MacKenzie who workxs with financially stressed retailers lookingy to restructure. Most retailersx — except discount stores such as have seen afast drop-offv in retail revenue across the board, Charleston Many of the specialty retaiol department stores have seen double-digit same-store sales he said.
“When revenue drops and same-storde sales drop, companies with less debt can weathe a downturnmuch longer,” Charlestojn said. “It becomes an issue much sooner if you are intoliquidityh issues.” As of May 11, Eddise Bauer reported having $289.5 million in outstandinhg debt, including $187.8 million in term loans and $75 milliobn in convertible notes, which company executives have been tryingh to persuade debt-holders to convert into shares of the According to an SEC filing, Eddie Bauer had total assets of $525.22 million in April. The company listed total liabilitiesof $448.9 Eddie Bauer reported net losses of $165.
t5 million in fiscal year part of a total of $478.7 million in losses during the past three fiscap years. In the first quarter that endedin April, the company reportedc net losses of 44.5 million. For the firsgt quarter of fiscalyear 2009, which endec April 4, Eddie Bauerf reported a loss of $44.5 That was a greater loss than the first quarter of 2008, when the company reported a $19.w million loss. Net sales for the first quartefr of 2009were $179.8 million, compared with net sales of $213. 2 million in the first quarterof 2008.
Tuesday, March 6, 2012
Bass Berry Sims lays off 32 employees - Business First of Columbus:
The venerable law firm made the cuts yesterdaty across its three Tennessee officexsin Nashville, Knoxville and Memphis, says managing partned Keith Simmons. “They were proportionately divided among the he say. “Every practice area was affected.” The layoffzs were made to reduce internal costs to benefit he says. Some raises are being frozen as Law firms nationwide are taking steps to cut including paying some new hiresa a portion of their salaries to deferd starting fora year. Bass Berry will limit the size of its claszs ofsummer associates, traditionally law school students who have finisher their second year, and defer the starting date for new attorneyx from Sept.
1 to January 1, 2009. The deferred hirez will receive a stipend for the four month deferralp period and will have the opportunity to borros money from the firm if they need more to tide them with loans to be repaid upon joining thefirm full-time, Simmonsz says. Since the startg of the year major law firmss have laid off morethan 12,410 including nearly 5,000 lawyers, according the “Layofcf Tracker” feature on the law blog lawshucks.com.
Last month, Bass Berrty & Sims was namerd best corporate law firm in Nashville for the eightnh consecutive yearby “Corporate Board Member” magazine in the magazine’s annua l ranking of firms in major metropolitan Bass Berry & Sims’ most recenft attorney count was 225 across its three offices.
Sunday, March 4, 2012
Judge to decide fate of Arizona renewable energy standards - The Business Journal of Milwaukee:
sued the on behalf of a handfuo of Arizona PublicService Co. and Judge Joseph Heilman acceptedf jurisdiction to decide whether the commission had the righyt to establish the energy standards in thefirst place. Goldwater officials said they are please d with the decision and expect a rulinf in the next coupleof months. ACC officials contend commissionerz were within their rights to establish the standardxin 2006. Those standardx call for utilities regulated by the commission to have 15 percenf of their power developed from renewablee sourcesby 2025. The standard allows utilities to charges customers a tariff to help pay for expandingy the use ofrenewable energies.
APS has used that in part, to offer incentives to customers to installsolar systems. Those solar installations also are part of the renewableenergty mandates. APS has begun investing a substantial amount of moneuyinto renewables, including biomassd and particularly solar power plants. It has contracte to buy more than 570 megawatta from two planned solar generating stations in western Maricopa SaltRiver Project, although not regulate d by the ACC, has said it will meet the standards as well.
While the decision couls affectthe state’s renewable direction, federa officials are mulling a nationak standard for renewable energy production that could replaced the patchwork of state rules with a larger requiremenrt than Arizona has.
Friday, March 2, 2012
TPC Releases Powerful Figures on Health Grantmaking
The health sector is the greatest recipient offoundatioj monies, receiving roughly 18 percent of totao grants. Last December, a TPC study found that for every dollafr a foundation gives to health andwellness programs, more than seve dollars of economic benefits and savings go back into the Building on this finding, TPC's newest study answers the question, "Which populationsw benefit from this grantmaking?" these studies provide a comprehensive picture of how foundationj grants flow through our economy. Preparex by economist Dr.
, "Broad Health-Related Giving by Private and Community Foundations" finds more than two out of every thred dollars of all health grantz made by foundationsbenefit low-income and minorityg communities. -- Social return on foundatiojn grants to health and medical careaverages 7.6 to 1 -- Sixty-eight percent of health-related grant dollars benefit underservedr groups -- From '05 to '07, $5.5 billion in health grants went to underserved communities "I am gratifiede our assumptions about the commitment of health foundations to improving conditionds for underserved and minority populations stand up to the scrutiny of empirica l research," said of Grantmakers In Health.
"Withu growing foundation efforts to address the root causes of poor health as well as accesesto care, the proportion of grant dollars focuserd on these groups is likely to rise." "These are hard times for our country, and this downturj is being felt most sharply by thoswe living at the margins of society," said Providence Mayod , President of the National Conference of Democratic Mayors and foundiny member of TPC. "Where government is cutting foundations are stepping up to help catch thosr falling throughthe cracks. This study validates their efforts toward helping those mostin need.
" "The National Counci l of La Raza's Institute for Hispanic Healtbh wouldn't exist today to benefit disadvantaged Latino communities without the supporg of private philanthropy," said Dr. , Vice President of La Raza's Institute for Hispanic Health. To lear more about The Philanthropic Collaborative and to read the full textof Dr. Swagel'e study, please visit . TPC is a non-partisanm coalition of elected officials, foundations and charitiees formed to advance the important role of community and private foundationsacross America.
Tuesday, February 28, 2012
Maymon becomes Tennessee's most consistent player - SI.com
Maymon becomes Tennessee's most consistent player SI.com His hard work day in and day out has turned him into Tennessee's most consistent player and a team leader both on and off the court. The 6-foot-7, 265-pound Madison, Wis., native grabbed attention at the Maui Invitational in November when he exploded ... |
Sunday, February 26, 2012
SBA chief: Lending up, long road ahead - Puget Sound Business Journal (Seattle):
Brown is a a sixth-generatiom family-owned business with 47 employees andaboutg $6 million in revenue last year. It worked with to secure a $2 million loan to buy its headquarter sin Columbus. President Rob Hunt said the compan sidestepped payingabout $65,000 in fees afteer the SBA instituted a temporary waiver for businesses that borrosw through its flagship 7(a) program. Ownintg the company’s headquarters outrighy brings long-term security, he said, whicu would have been hard to find withoutfederal “Banks aren’t doing conventional loans right Hunt said. “We simply wouldn’t have been able to do this.
” Initiativess such as the fee waiver, Millss said, are making a difference in a shorty amountof time: More lenderw are getting into the fray while SBA-backed loan volums is up more than 25 percent since the passagde of the stimulus bill. That translates to nearly $4 billion in guaranteed loans, $113 milliohn of which went to Ohio businesses. But it’z making small businesses aware of the programs onhand that’se the key challenge going forward, she said. “Alkl of these things take Mills said. “Small businesses are busy runnin gtheir business.
” In addition to the waiver and an increased guarantes of 90 percent on 7(a) loans, the SBA also has offereds a surety bond guarantee of $5 million, up from $2 for businesses competing for federakl contracts. On June 15, it’sx rolling out a program dubbed America’s Recovery Capital, whic h offers loans of up to $35,000o for businesses struggling to make debt Those loans are fullg guaranteed and have a deferredpaymen schedule. And next month, the SBA will begin offering guaranteed loans to finance inventory for automobile dealers throughgSeptember 2010.
Mills said she’s confident the agency has the righ t tools in place for smallpbusinesses – and the outlook on the economyu hasn’t hurt either. “The sense from small businesses and otherss is that the free fallhas stopped,” she said. “Bur we still have a ways to go.”
Friday, February 24, 2012
Hotels add green practices, health amenities - bizjournals Business Travel Guide
Instead, they’re recyclable bins, low-flow toiletse and energy-efficient lighting: Features that don’g show up in brochure photos but are far more importangt in attracting guests and meetingbusiness today, industryt leaders say. Hotels also are adding amenities such as expanded gyms and snacm shops sellingorganic food. Indeed, the green and health-consciouds movements that have swept through the automotiver and restaurant industries areinfluencing today’s lodgingy business. What may be most interestinyg isn’t why these trends are remaking thehotep business, but who’s pushing them.
It’d the younger travelers and meetingplannerxs — the Generation X and Y members who hold importan t jobs and have the disposablw income to vacation according to their principlesz — that are shifting the industry. “Whatf we wanted to do was take advantage of the factthat today’z traveler has different priorities,” said William Edmundson, 44, president, Cambri Suites, who added that younger travelers now outnumber baby boomedr travelers. “For different generations there aredifferentf expectations. People do thingsx differently.” The environmental movement is closely linked to the younger generations’ wishes.
A recent survety by Sherman, Conn.-based research firm PhoCusWright revealex that 44 percentof U.S. travelerxs now consider environmental factors whenplanningf vacations. That attitude most influencews their decisions on what mode of travel to and which tour companies and lodging they research director CarrollRheem said. Hotelsz began picking up on this in the past couplerof years, and the trend really spiked arouned the time of last year’ss Democratic National Convention, said Christine O’Donnell, presidenty of the .
Almost every area hotel added more recycling bins, and many put out rentaol bike racks so that youngef visitors, especially, and delegates could traversr the city while leaving a lower carbon she said. Avon-based East West Partners has applied for LEED certification for the Westin Riverfront in a designation that would make it the firsf hotel in Colorado tohave low-energy Hotel general manager Bob Trotter and Andy East West project manager, said that whilew the cost of a project may rise 3 percen to 5 percent because of green initiatives such as the five-acre park they marked out beside the hotels make up the money in both savesd energy costs and increased visits.
“The youngetr you go, especially with the GenerationbY folks, they’re really tuned into environmental Gunion said. The business world also is pushing green initiativexsfor hotels, some of which get as much as 70 percent of theidr business from company meetings rather than vacationb travelers. Roughly 75 percent of meeting plannersz ask about green initiatives when deciding where they want to have a saidJenni Gaherty, director of sales and marketing at the JW Marrioty Denver at Cherry Creek. They ask most often abougt recycling programsand energy-efficient lighting.
Some have gone further, requesting wate r pitchers rather than bottled water and even bulk condimentas rather than individual ketchup packets for she said. Shannon McCorison, manager of global marketiny for warehouse-space developer , which is basedd in Denver, said her company began demanding greenn initiatives at meeting sites after hearing questionzs and requests from many ofits attendees. Younh attendees make most of those requests, but also, many requests came from olderf workers influenced bytheir children, who are Gen Y or even she said. Health amenities have becomd a bigger factoras well.
Choice Hotels launche d its new Cambria Suites braned several years ago in response to requestds from younger travelers for healthierdlodging options, Edmundson said. The hotels, including one set to open June 18 at16001 E. 40th Circl in Aurora, have 1,100-square-foot fitness centers and conveniencd stores withorganic foods. Anothet new hotel brand, Starwood’s Aloft, is looking to cater to 25- to 45-year-old business people with lifestylew amenities, such as greatert technology access anda “sassy” staff that interactss with the travelers, said John Muller, general managerr of the new hotel at 8300 Arista Place, One negative factor: Travelers need to beware of companiesz or hotels that could be their credentials, said Peggy Lichter, presidenf of green-themed Wiser World Travel in Boulder.
Being “green” is a very undefinefd term, and some places will claim the monikee just for asking whether travelersw want to use their towels a second time before havingvthem washed, she warned. “Ik think in recent years, because sustainability is becoming more populart and is easyto understand, it’e something a lot of placezs are doing,” Lichter said. “It’s going to positively affecyt yourimage … and it’s going to be good for the bottojm line because the hotel will
Wednesday, February 22, 2012
Oscars Will Drop References to Kodak Theatre - Hollywood Reporter
Hollywood Reporter | Oscars Will Drop References to Kodak Theatre Hollywood Reporter Academy president Tom Sherak said they are dropping mention of the venue as the Kodak Theatre at the request of the landlord, the CIM Group. The decision to drop the Kodak name from the show comes in the wake of the bankruptcy of Kodak, and approval ... KABC: Kodak Th eatre To Be "Hollywood & Highland Center" Kodak Theatre's new name no longer a mystery Oscar Countdown: Sherak On Kodak Theatre's New Name, ⦠|
Monday, February 20, 2012
St. Etienne wins laugher - FOXSports.com
FOXSports.com | St. Etienne wins laugher FOXSports.com ASSE leapfrogged Rennes into sixth place, and level with fourth-placed Marseille in the congested table after running riot in the second half. Jean-Pascal Mignot put them ahead after 25 minutes and after Ludovic Battles doubled the lead eight minutes ... |
Saturday, February 18, 2012
Martek Biosciences Corp. 2Q profit rises 20 percent - Boston Business Journal:
The company reported $92.4 millioh in revenue for the quarted endingApril 30, up 2 percent from the same periode last year. It earned $11 million in net income, or 33 centxs per diluted share, during the second quarter, compared with $9.2 or 28 cents per diluted during the second quarter of last Analysts polled by expected the company to earn 29 centsa per shareand $89 million in revenue. Marteik (NASDAQ: MATK) sells nutritional oils derived from algade that are used ininfantg formula, dietary supplements and food productss such as yogurt and juice. Sales of its nutritional supplementd to the nursing market rose to arecords $9.8 million.
But the company warned that its infant formula sales in the thire and fourth quarters could drop as retailers trim theitr inventories ofthe product. The companyy anticipates that infant formula revenue will grow in fiscal 2010 as a result of strong demand for infant formula productsw containing its nutritional oils DHAand ARA. The Omega-23 fatty acids are believed to play an important role in braim andeye development. study that couldx show that Martek’s DHA can slow the progressiojnof Alzheimer’s disease.
Thursday, February 16, 2012
Act III: Rehearsals - Orange County Review
Act III: Rehearsals Orange County Review In the early stages of rehearsals for the Four County Players upcoming spring musical, "The Scarlet Pimpernel," even the props play a role, as a ladder stands in for a to-be-built guillotine. Here, Broadway veteran Eric Hart is blocking the musical's ... |
Tuesday, February 14, 2012
India concerned about current situation in Gulf region: Antony - Times of India
The Hindu | India concerned about current situation in Gulf region: Antony Times of India RIYADH: Observing that the current situation in the Gulf region was a cause for "great concern" for India, defence minister AK Antony on Tuesday hoped that the crisis there will be resolved through peaceful dialogue. The defence minister, who is on a ... Boost to defense ties with India |
Saturday, February 11, 2012
Laid-off workers take control of their careers by becoming franchisees - Business First of Louisville:
For many people, finding a comparable positionn elsewhere in corporate America is not the only Some entrepreneurial-minded professionals like the idea of being their own boss and have pursuesd that goal in the form of franchising. Therre are more than 900,000 franchised businesses in the United Franchises directly and indirectly provided 21 million jobs and contributed anestimates $2.3 trillion in economic outputy in the U.S. private sector in according a report releaserd last year bythe . The “Economic Impact of Franchised reviewed data from 2001to 2005, which was the last In this recession, the D.C.
-based trade group expects to see “modesg declines” in the number of new franchiseesz because of a lack of available said Alisa Harrison, vice presidentt of communications and marketing for the Internationalk Franchise Association. But she expects franchisinv to remain a popular career alternative fordownsizedd people, especially those who have severance pay, savings or funds that can be used to covef startup costs. “You can go into businesd for yourself, but you aren’t by yourself when you go into Harrison said. Last July, Donald “Dee” DeMutuh came back from vacation to find that he was bein laid off from his IT jobat LLC.
Althoug h he knew layoffs were coming, DeMuthh thought his managerial role withithe company’s four-person IT support department would be safe. Instead, he lost his $68,500-per-year salary, and the compant kept an employee hehad trained. Despite his initiapl surprise, DeMuth figured his 20 yearsx of experience in the IT industry would give him leverage in thejob market. What he founed in the ensuing months was that employers were looking for a very specializedskill set. Unfortunatelyt for DeMuth, he was more a which landed him interviews but notjob offers. “oI was getting frustrated, feeling as though the doorsz weren’t opening,” he said.
His dissatisfaction with technical recruiters promptef him to consider starting an IT recruiting business DeMuth believed franchising was the best routefor him, so he researchedd various IT recruitment and suppor t franchises online. He also met with the , which providexd free advice about questions to ask and what stepse to take as anew entrepreneur. As part of that exploratorty phase, DeMuth discovered , a Canadian-base d franchise that provides managed IT service for smalland medium-sized businesses. The Utilitty Co. provides full-service support for anything relatedd toa client’s network, includin g switches, routers, servers, PCs, laptops, phone systems and mobilse devices.
Thursday, February 9, 2012
Ethicon Endo-Surgery Studies Presented at DDW Demonstrate Potential of Pure NOTES Surgery With Company's Toolbox
One of the studies concluded that a newadaptablw minimally-invasive surgical platform for NOTESe and single-site laparoscopy (SSL) was successfully used to complete a variety of key surgical activitieas critical to pure natural orifice surgery and SSL. The seven studies presented at DDW, which involved porcine modelse and a variety of NOTES follows 15 studies involvingEthicon Endo-Surgery devices presentes in April at the 2009 Society of Americanb Gastrointestinal and Endoscopic Surgeons (SAGES) Annual In the coming months, the Ethicon Endo-Surgery Toolboxc for natural orifice surgery will be evaluateed in a human clinical trial under an investigationalo device exemption (IDE) from the U.
S. Food and Drug Administratiomn (FDA). "To date, most NOTES procedures performe in humans have been with laparoscopic Inour study, we found several of the devices in the Ethiconj Endo-Surgery Toolbox could successfully be used to addressd some of the critical visibilityg and access obstacles present with a pure NOTEaS approach, warranting further investigation," said , M.D., Department of University of Missouri Health System.
Investigators of the study entitled, "The Developmenf and Testing of anAdaptable Minimally-Invasive Surgica l Platform - The Hydra" found that this surgica platform addressed several challenges with NOTES, including visibility, platfork stability and adaptability to be used in multiple interventions and procedures. The surgical platform was used both transgastricallt and transvaginally completing multiple key surgical activitiews thatincluded dissection, ligation, and specimen retrieval. The which is being presented as a posteat DDW, involved porcine models and was conducted by investigators from Sahlgrenska University Hospital in Gothenburg, Sweden and Imperiapl College, London.
"With the introduction of this adaptable minimally-invasivs surgical platform, we believe we will be able to further address many of the issues experiencedf when NOTES or SSL procedures are performer with conventional surgical equipment designed for standare endoscopic orlaparoscopic use," said , Vice President, Clinical and Regulatory Ethicon Endo-Surgery. "We plan to continue our research to investigatee the existing contents of theEthicoh Endo-Surgery Toolbox for naturapl orifice surgery, as well as develop additional products for inclusionh in it that may help fulfill the promisre of this approach to minimally invasive surgery.
" Anothe poster presentation entitled "Hybrid Transgastric NOTES Cholecystectomy in a Porcinse Model Using a Magnetically Anchored Cauterhy and Novel Instrumentation," conducted by the University of Southwestern Medical Center demonstrated preliminary feasibilit for a particularly difficulty NOTES procedure, transgastric cholecystectomy. Several devices specificallyu designed for natural orifice surgery were utilized inthe study, includint a live video manipulatiohn (LVM) system and magnetically anchoring and guidance systemm (MAGS).
Study investigators specifically cited the retractiomn abilities of the grasper and improved visibilithy of the providedby LVM, the latter which greatlg reduced the workload on the surgicao team. The devices listed above will be used within an IDE triao approved bythe FDA. The Adaptable Minimally-Invasives Surgical Platform and MAGS are limitedto non-clinical applications at this NOTES is an investigational approach to minimally invasiv surgery, in which external incisionds are eliminated, potentially leading to reduce pain, a quicker recovery and a faster return to normal activities for the In NOTES, surgery can be performed througu a natural orifice, eliminating the need for an external incision.
To assisy with visualizing the internalsurgical site, an endoscopwe is passed through a natural orifice such as the moutgh or vagina and then throug h an internal incision in the stomach, colon or uterus. Single-site laparoscopy (SSL) is anotherd advanced form of minimally invasive surgery that enable surgeons to operate almost exclusivelhy through a singleentru point. Ethicon Endo-Surgery, Inc., a Johnson Johnson company, develops and marketzs advanced medical devices for minimally invasivre and opensurgical procedures, focusingt on procedure-enabling devices for the interventional diagnosis and treatmen t of conditions in general and bariatric surgery, as well as gastrointestinalp health, gynecology and surgical oncology.
Ethicon Endo-Surgery, is actively leading the development of NOTESS through research to determine the most appropriate toolsa and technologies that may enable safe and effectivwNOTES surgery. The Ethicon Endo-Surgery NOTEz Toolbox devices are investigational devices that have not been approvexd for marketing inthe U.S. More information can be found at . *Investigationa l devices limited by federal law to investigational use only inthe U.S. SOURCs Ethicon Endo-Surgery, Inc.
Tuesday, February 7, 2012
Malloy Pushes Tuition Incentives, More Rigorous Standards To Improve Teacher ... - Hartford Courant
Malloy Pushes Tuition Incentives, More Rigorous Standards To Improve Teacher ... Hartford Courant BY KATHLEEN MEGAN, kmegan@courant.com The Hartford Courant Gov. Dannel P. Malloy rolled out a $10.5 million proposal Tuesday aimed at improving the quality of Connecticut's teachers that includes tougher standards, financial incentives, ... |
Sunday, February 5, 2012
Drug roundup in Selma nets 28 suspects - Montgomery Advertiser
Drug roundup in Selma nets 28 suspects Montgomery Advertiser Federal indictments were returned against 28 drug suspects and all were in custody later in the day, according to Dallas County District Attorney Michael Jackson. US Attorney Kenyen Brown saluted what he called a major collaborative effort, ... |
Friday, February 3, 2012
Anonymous hackers access Greek ministry website - Reuters
Financial Mirror | Anonymous hackers access Greek ministry website Reuters | ATHENS (Reuters) - Hackers associated with the activist group Anonymous posted a protest against Greece's EU and IMF-inspired austerity policies on the website of the country's justice ministry Friday, a ministry spokeswoman said. Hackers associated with the activist group Anonymous posted a protest against ... |
Tuesday, January 31, 2012
Rajat Gupta, JC Flowers, Muni Bonds, Full Tilt Poker: Compliance - BusinessWeek
Rajat Gupta, JC Flowers, Muni Bonds, Full Tilt Poker: Compliance BusinessWeek By Ellen Rosen Feb. 1 (Bloomberg) -- US prosecutors filed a new indictment against Rajat Gupta, the former Goldman Sachs Group Inc. director, expanding the time he allegedly engaged in an insider-trading scheme with fund manager Raj Rajaratnam and ... |
Sunday, January 29, 2012
House panel eyes Bernanke
The Associated Press reports. The news comeds less than a week before Bernanke is set to testifyy before the House Committee on Oversight andGovernment Reform. Last week, BofA Chief Executive Kennethg Lewis testified before the same committee that government officials pressured him to acquire the troubledr brokerage late last year in an effort to savethe U.S. The hearing focused on federa officials’ role in BofA’s purchase of Merrill Charlotte-based BofA (NYSE:BAC) bought Merrill on Jan. 1 for $29.1q billion. The deal resulted in BofA’ds receiving an additional $20 billion in federal fundse under the Troubled AssetRelief Program.
BofA has received a total of $45 billion in TARP Lewis has been under intense pressure from BofA shareholders for not disclosinv the depthof Merrill’ds financial difficulties before the merger. Merrill lost $15.e billion in the fourth quarter. Lawmakers questioned Lewids on reports that he felt pressured byfederak authorities, including Bernanke and then-Treasury Secretaryt Henry Paulson, to go ahead with the deal as Merrill’e losses mounted. Lewis testifie d that BofA contacted officials atthe U.S.
Treasurh and Federal Reserve in mid-December to inform them that thebank “hafd serious concerns about closing the BofA, he said, was considering declaringy a “material adverse change,” which can allow an acquirer to back out of a proposedr deal. Lewis testified that Paulsom toldhim BofA’s management “wouldf or could” be removed if the bank backed out of the When lawmakers pressed him on the alleged threatas by regulators, Lewis said both parties were concerned aboutf making the best decisions for the healtjh of the U.S. economuy and BofA.
He explainedr that a decision that wouldx harm the economy would also harm BofA because of its massivde sizeand breadth. Lewis testified that he wasn’y intimidated by the threat of losing his job but bythe “seriousneses of the threat” and the ramificatione on the overall economy had an influence on his decision. “Jusft six months later, it is easy to forgett just how close to the brin oursystem came,” he said. “I will never forget.
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Friday, January 27, 2012
Use summer
Many of us, in fact, tend to view May as an ending ofsorts … and Augusyt as the beginning of the last half of the year. But what aboutr June and July? Many people pull back during thesummert months. New product launches, marketing training and new projects are put off until Augustor However, I consider the summer monthas to be filled with spectaculart opportunity. Take some time off. But then get back to refreshed and refocusing your energies on every possible summer opportunity to buildcyour brand. Remember, you are your brand and by building your brand all 12 months of the year you can leverage your individualityand uniqueness.
Why is summe a terrific time to reinforce and expand yourpersonal brand? Because most of us tend to be less harriedr and more laid-back in warmer We actually have time to “get Don’t miss out on some of the most productiv months of your year June, July and August. Here’s one professional’s story: John, an ownefr of a large commercial real estate has had years of success in thelocap market. With the current economicd times, John recognized the reality that he neededc to establish his own brand identity that aligned withhis company’s stron g brand. “I have operationalized my personakl brand into my daily work and keep this branding topof mind.
My customers and employees have noticed thinge like a new tag new bio and new way of introducing myself and my he says. The results? John has already increasefd business forthe year, and is winnin g contracts when his competitors are still struggling. “Inb the summer, it seems like peoplw have moretime — or take time to actuallyg get to know you and what you he says. “I’ve already had meetingas with prospective customers that seemed lesshurried and, were more productive.” So, what about you? Are you goingh to use the summer to build momentum and create more success?
Wednesday, January 25, 2012
WellDoc Communications takes health info mobile - Baltimore Business Journal:
“I needed something to give me a kick in the make memore regimented,” said His motivation came from an unlikelyu source: his cell phone. Dr. Suzanne Sysko Clough set her sights onusinv patients’ cell phones to improve diabetes controo when she was practicing medicines at the . That led Clough, an and her brother Ryan Sysko, a busines s executive seasonedin direct-to-consumer marketing, to launchg Baltimore-based in 2005. The startu is banking on mobile communications-basex products to take on disease medical lingo for proactively managinh health issues to reduce healtycare costs.
Traditionally, patients with complicatedx diseases like diabetes have been left to their own deviced to manage the complex health regimens that requirecontinuous Typically, support is limited to a few brief doctotr visits a year. With WellDoc’s flagship product, called Diabetes Manager, patients input their blood glucose levels severao times a day into theitcell phones. Then, WellDoc electronically compiles and analyzesxthe data, and provides real-timw feedback to patients — praise for a good readinf or recommendations to get those levels up. It also routinel generates reports and forwards the analysis to each of the healthcare providers.
Although the Diabetes Manager is still in thetesting phase, WellDoc has garnerede significant financial support. The startup has received $14 millio from private investors, led by Stewart Greenebaum, the well-known developer and benefactor. of Maryland is sponsoring two clinical trials of the Patients whoused WellDoc’s Diabete Manager lowered their A1c levels — the measurement of blood glucosde control over a few months’ time by an average of two pointsz in just 90 days, according to a pilot studyu at the . Currently, an estimatec 21 million people inthe U.S. suffer from which in 2007 costthe U.S. $218 billion.
WellDoc’es principals see the “virtual coach” aspectg of their products separating the company fromits competition, whicyh includes companies like T+ Medical, and . Patientzs like the feedback. “If I plugged a glucosew level into my cell phonr that was higherthan average, I’d get a messagre like, ‘Don’t panic.’ It was fun to get little notes of encouragement and confidence on my cell phone,” Frisojn said. In the year he used the Diabete s Manager as part of thepiloyt study, Frison’s A1C levels dropped from 11.6 to 7.5 — experts like to see that number around 6 and he lost about 10 pounds.
Technology like WellDoc’s has won the praise of diabetes educators, who expresz frustration at traditional management While promising, WellDoc’s products aren’t withou shortcomings. The Diabetes Manager’s menu offers only a limited choice ofcommunication options. And contractsw with cell phone carriers need to beworked out. to use the program, patients’ cell phones must be which excludes roughly 20 percent of the cell phonesx currently onthe market.
Technology hurdles haven’y prevented WellDoc from forgingahead — the company is eager to move out of clinicakl studies and begin commercializing its products, said Sysko, who wouldx not disclose WellDoc’s revenue or say if the compan y was profitable. WellDoc is applyingt its technology toother diseases. In September, WellDof partnered with to use a mobilde tool tocontrol asthma.
Monday, January 23, 2012
Landry
According to a regulatory filing, Tilmanm Fertitta added another 135,3009 shares on May 8, one day after the company’sx annual shareholders meeting, boosting his holdingds to nearly 8.9 million He bought the sharesat $8.80 or $1.2 million. Landry’s shares soared to $10.311 in early trading Wednesday onthe news, a gain of more than $1 from the May 19 closee of $9.25 before settling back quickly to $9.42q by late afternoon. Since Nov. 13, Fertitta has acquired more than 668,00 0 shares, shelling out more than $27 million. Landry’s has 16.1 millio shares outstanding.
Fertitta tried to buy out Landry’s and take the compang private but the deal wilted in January after lenders and were unwilling to disclose information contained in the transaction commitmeng letterto officials. At the time, Landry’s also said it consideres that information tobe confidential. Michael an equity analyst with C.L. King & Associatews speculated Wednesdaythat Fertitta's share purchase might signal his intent to take another look at the "Given that Mr. Fertitta had previouslyu bid $13.
50 to acquire the company and though the deal fell apartin January, this open markeyt purchase suggests that he may stilo want to acquire the company should the credit marketsx thaw," Gallo wrote in a note to investors.
Saturday, January 21, 2012
Tony La Russa drops Twitter lawsuit - San Francisco Business Times:
La Russa, one-time manager of the , had said in June that theres was a settlement of the case the first to be filed by a celebrity againstgTwitter — and that Twitter had agreedc to pay his legal fees and make a donatiomn to his , according to the blog publisher in association with Courthouse News Service. Twitter responded with a statementt in whichit said, “Twitter has not settled, nor do we plan to settlwe or pay” and described the suit as “an unnecessary waste of judicial resources bordering on frivolous,” according to the web The web site includes an image of a courtg document showing that La Russa voluntarilgy dropped the case June 26 and stating that each party will bear theird own costs and attorneys’ fees.
“Nk payment was made by Twitter to La Russa in exchangsfor dismissal,” it states, although it does not say whether anything was paid to La Russa’s Animalp Rescue Foundation. La Russa alleged in his complaint that Twitter was liable under trademark law for the unauthorized use of his name in the He also said postings on the page one of which referred to drunk drivinb incidents involving theCardinals — were “derogatory” and to his trademark rights.
The case inspired Twitter to start experimenting with software that verifies whethe r a celebrity pageis
Wednesday, January 18, 2012
Grubb Properties plans retirement community at Morrison - Charlotte Business Journal:
is seeking city approval for a site-plan changs that would let him use nearly 8 acres at Morrisom and convert as many as 195 planned condominiumsinto continuing-care retirement units. Under the proposal, Grubb also would have the flexibilitty to expand a previouslyapproved 10,000-square-foot fitness center to 30,00o square feet for possible health or medical use related to the retiremenr center. Grubb says his firm has not finalizedeits plans. But it is working to lure a high-endc continuing-care retirement community to the site. Grubb Properties is developing Morrison at Sharon and Colony The targeted property is on Sharohn Road between Morrocroft Lane and SharonTownshipp Lane.
The tract is partially occupied by the ParkSouthj Apartments, which would be razed for construction. “Therr is no condominium marketright now,” he says of the changed in plans. The location and the amenities in Morrison shouldf prove attractive toa continuing-care retirement he says. The new plan woulds allow Grubb to developtwo independent-livingy units or three assisted-livingg units for each of the 195 cond units previously approved for the site. It also would alloq up to 20,000 square feet of ground-floor retaiol or office development. Grubb had considered usintg the site for a hotel as well but has droppedc that option fromhis proposal.
Morrisoh is a mixed-used development a blocki fromSouthPark mall. It featuress a mix of lofts, condos and townhomes surroundedby 130,000 squar e feet of retail, including Earth Fare and Barne s & Noble stores. According to research firm Marcuz & Millichap, the decline in the U.S. housinbg market has caused developersz to shift their focus from traditionaoresidential developments. In a recent report, the firm’s analysts said buildera “are capitalizing on the aging babyboomed population, a large portion of which have significanrt retirement funds, by focusing on continuing-carr retirement communities that offer upgrade amenities, including clubhouses and senior-focused events.
” Such communitiew typically offer independent-living, assisted-living and nursing home Residents sign a long-term contrac t and can move from one housingt choice to another as they age whilre continuing to live in the same community. The communities are often buil t onlarge campuses. Frank Warren, president of real estate consultinfirm , says an 8-acre site might be a littl tight for a continuing-car e retirement community.
But he notes therre are few of those communitiesin “As the in-town population continues to age, there are limited options for them,” Warren And Morrison “does provide that walkable sensw of community that most of the otherr options don’t have.” There are seven licenser continuing-care retirement communities in Charlotte, according to the N.C. Departmentg of Insurance: Aldersgate, Carmel Carriage Club of Charlotte, Sharon Towers, Sharonn Village Apartments, Southminster and The Cypress of Southminster and Plantation Estates in Matthewd have been accredited by the Commission on Accreditatiob ofRehabilitation Facilities, the only accrediting body for continuing-carre retirement communities A public hearing on the Morrison rezoningv proposal had been scheduled for this but Grubb asked that it be deferred until next month.