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The American Clean Energy & Security Act of 2009 passefd ina 219-212 vote and now headzs to the Senate. Among several measures, the bill would implemenr a system known as cap and which would set capson greenhouse-gas emissions — to be lowereed in time — and entities woulsd have to buy allowances to exceed it or pay Emissions would be capped at 42 percent belosw 2005 levels by 2030 and 83 percenft by 2050. Proponents say it wouldf create jobs, decrease the nation’s dependencse on foreign oil and combat global on Friday expressed strong opposition tothe bill, to which a few hundred pages were addef days before its passage.
The legislation could increasde local electric rates by about 50 percen t by 2012 and by an additional 70 percenytby 2020, Chuck Caisley, KCP&L’s senior director of public affairs, said last week. KCP&L has been supportive of such environmental he said, but the legislation’s deadlines are impractically aggressive. KCP&L now will turn its attention to the as well as toeducatinyg customers, Caisley said in a Mondat interview. The Senate probably will work on the legislation slightlgy past the July 4 he said. “We will work to find a path to passinhg legislation that achieves the goal butjust doesn’t hurt disproportionatelt the Midwest,” Caisley said.
The said Frida that the legislation would increasse revenueby $873 billion from 2010 through 2019 and woulfd increase direct spending by $864 billion durinf that time. It also said that severall mandateswould “well exceed” the annual guidelines set in the Unfunded Mandates Reform Act. On June 19, it estimatecd that the program would cost the economyabouty $22 billion in 2020, or about $175 a The nonprofit said the act could save $1,050p a household by 2020. But KCP&L said Midwesterb states would be hit hardesy because abundant coal there makespower cheap.
The Kansas City-based which serves more than 800,00o customers in the area, probably woulfd have to retire some ofits coal-fired fleet in 2012 and try to find Caisley said. But the local infrastructurer for wind and natural gas powere is not yet prepared toreplace it, he KCP&L backs an industrhy proposal that would rather see caps starg in 2015 and be more graduall tightened afterward. The industrgy contends that doing so would meet the same 2050 target the act proposew but that it would cost less and allow for infrastructure to be for emerging green energy technologies to advance to commercially readh phases and for utilities to raise the moneh to completethe projects, Caisley said.
The Hous e vote split along party lines, with 211 Democrats and eight Republicans voting in favor of the act and 44 Democratsz and 168 Republicansopposing it, according to the Hous e clerk’s Web site. It splitt exactly along party lines in Kansazand Missouri. KCP&L also wants fully regulatefd utilities, such as itself, to get more allowances and a pricd ceiling to be placedfon allowances. The opposes the legislation in its current according to a Thursday letterto Congress. On Wednesday, KCP& L . KCP&L is a subsidiarh of Kansas City-based (NYSE: which ranks No. 8 on the Kansas City Business Journal ’s list of area public companies.
Monday, June 4, 2012
Saturday, June 2, 2012
Lakes Buchanan, Travis must be lowered to help those downstream - Atlanta Business Chronicle:
yqyqynesara.blogspot.com
LCRA is releasing the water for downstream rice farmers andelectri utilities. The LCRA said both lakees are alreadyat “dangerously low” levels, and to expec t more islands to pop up as the levelds in both lakes are reduced. That kind of action might not be necessary in the futur if a regional water project between the LCRA and themovesx forward, SAWS officials said. “This is exactly what the project was designed to help the HighlandLakes avoid,” said Chuc k Ahrens, vice president of water resourcesd at SAWS.
“The studies show that with conservation reservoirs andother efforts, lake levels wouldc be protected and sufficient water provided for userw up and down the Colorado LCRA and SAWS signed the originao agreement in 2002 to study the feasibility of a water-sharingg project and determine if water-sharing could providr for water needs in both basins while meetinvg requirements set by the Texa s Legislature. But earlier this year, LCRA officialzs said that preliminary study findings indicatexd theproject wouldn’t meet all the legislative and that given updated growth projections, no water would be availabl for San Antonio.
SAWS trusteezs fired back that LCRA’s use of updated water need projectionsx in the ongoing project studies breachedthe agreement. SAWS has threatened to take legal but the LCRA has calledfor
LCRA is releasing the water for downstream rice farmers andelectri utilities. The LCRA said both lakees are alreadyat “dangerously low” levels, and to expec t more islands to pop up as the levelds in both lakes are reduced. That kind of action might not be necessary in the futur if a regional water project between the LCRA and themovesx forward, SAWS officials said. “This is exactly what the project was designed to help the HighlandLakes avoid,” said Chuc k Ahrens, vice president of water resourcesd at SAWS.
“The studies show that with conservation reservoirs andother efforts, lake levels wouldc be protected and sufficient water provided for userw up and down the Colorado LCRA and SAWS signed the originao agreement in 2002 to study the feasibility of a water-sharingg project and determine if water-sharing could providr for water needs in both basins while meetinvg requirements set by the Texa s Legislature. But earlier this year, LCRA officialzs said that preliminary study findings indicatexd theproject wouldn’t meet all the legislative and that given updated growth projections, no water would be availabl for San Antonio.
SAWS trusteezs fired back that LCRA’s use of updated water need projectionsx in the ongoing project studies breachedthe agreement. SAWS has threatened to take legal but the LCRA has calledfor
Thursday, May 31, 2012
WK Kellogg Foundation Launches New Online Resource Michigan Nightlight - MarketWatch (press release)
judonebolayb1394.blogspot.com
WK Kellogg Foundation Launches New Online Resource Michigan Nightlight MarketWatch (press release) BATTLE CREEK, Mich., May 31, 2012 /PRNewswire via COMTEX/ -- The WK Kellogg Foundation today announced the launch of Michigan Nightlight, an online source of solutions, news and inspiration for those who are working to positively impact the lives of ... W.K. Kellogg Foundation Launches New Online Resource Michigan Nightlight < nobr>Sacramento Bee |
Wednesday, May 30, 2012
Abercrombie shutting struggling Ruehl chain - Atlanta Business Chronicle:
borislavamcoc.blogspot.com
The New Albany-based apparelp merchant said Wednesday it willshut Ruehl’s 29 storesw and direct-to-consumer operations and will be “substantially with the effort by the end of next January. The decisiohn comes a month after Abercrombie took a deep strategic look at the which targets young adults with clothezand accessories. Ruehl, whose only Ohio storer is at EastonTown Center, generated a pretac operating loss of $58 million last year. The chain regularlt was Abercrombie’s weakest sales performer at stores open at leasta Ruehl’s same-store sales were off 33 percent in May. Abercrombide earned $272.3 million on $3.54 billionh in revenue last year.
“It has been a difficult decision to close a brand we continue to believed could have been successful indifferent circumstances,” CEO Michael Jeffries said in a “However, given the current economic environment, we believe it is in the best interests of the company to focus its efforts and resources on the growtnh opportunities afforded by our other brands, particularly internationally.
” The company didn’t disclose the effects on the chain’s work force, nor did it indicats the number of jobs tied to The review of Ruehl, which opened in 2004, cost the companyh about $51 million in impairment charges in its first Abercrombie expects to book about $65 million in pretax charges through the rest of the fiscal year as it winds down Ruehl. The company Wednesdau also said it amended a credift agreement to excludesome Ruehl-related chargess from requirements under its covenant with the lender and reducex its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “ws believe it is prudent to make theser changes” in light of the recession-battered retaipl environment and the one-time Ruehkl costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagshipo stores and 733 otherw underthe Abercrombie, Hollister Co. and Gill Hicks nameplates.
The New Albany-based apparelp merchant said Wednesday it willshut Ruehl’s 29 storesw and direct-to-consumer operations and will be “substantially with the effort by the end of next January. The decisiohn comes a month after Abercrombie took a deep strategic look at the which targets young adults with clothezand accessories. Ruehl, whose only Ohio storer is at EastonTown Center, generated a pretac operating loss of $58 million last year. The chain regularlt was Abercrombie’s weakest sales performer at stores open at leasta Ruehl’s same-store sales were off 33 percent in May. Abercrombide earned $272.3 million on $3.54 billionh in revenue last year.
“It has been a difficult decision to close a brand we continue to believed could have been successful indifferent circumstances,” CEO Michael Jeffries said in a “However, given the current economic environment, we believe it is in the best interests of the company to focus its efforts and resources on the growtnh opportunities afforded by our other brands, particularly internationally.
” The company didn’t disclose the effects on the chain’s work force, nor did it indicats the number of jobs tied to The review of Ruehl, which opened in 2004, cost the companyh about $51 million in impairment charges in its first Abercrombie expects to book about $65 million in pretax charges through the rest of the fiscal year as it winds down Ruehl. The company Wednesdau also said it amended a credift agreement to excludesome Ruehl-related chargess from requirements under its covenant with the lender and reducex its available credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “ws believe it is prudent to make theser changes” in light of the recession-battered retaipl environment and the one-time Ruehkl costs.
In addition to the 29 Ruehl Abercrombie runs 350 flagshipo stores and 733 otherw underthe Abercrombie, Hollister Co. and Gill Hicks nameplates.
Monday, May 28, 2012
County approves financing for Marlins stadium - South Florida Business Journal:
mozybyd.wordpress.com
million gap in bond funding for abaseball stadium. The 9-3 vote clears the way for lockinv in the interest rate onthe fixed-rate bonds and construction of the much-debated and long-awaitedf stadium in Miami’s Little Havana. The park is supposed to be finishe dby 2012, with preliminary construction work to begih Wednesday. Commissioners voted after midnight Wednesday to alloew for a higher cap on one of the bondd being sold in order to cover the county’s commitment on the $640 milliohn stadium and infrastructure. The 7.5 percent interest rate cap was changedfto 8.2 percent on the bond tied to conventionh taxes.
The fact that the convention bond will sell at a highet interest rate will result in lowert revenuefor Miami-Dade, County Manager George Burgess explainedr to commissioners. That created the need for more so Florida Marlins President Davis Samson promised to coverthe $6.2 milliojn funding gap. As a result of the the county is on the hookfor $342 millioj in short-term financing, instead of $347 "I feel comfortable with the The Marlins will step up to the plate and pay the additionalo $6 million. At the end of the day, the taxpayers are not goingt to be on the hook for theadditional monies,” Commissioner Bruno Barreiro said aftefr the vote.
Katy Sorenson, Carlosz Gimenez and Sally Heyman were thethree votes. The debate started at 7 but stopped at9 p.m. to allos attorneys to make changes in thefinancinh package. The second chunk of bonds which carry a variabls rate will be priced startingJuly 13, with finapl closing on the county’s portion of the bond financing packages set for no later than July 14. Earlier commissioners approved a change thatraisec ’s status as a creditor in the financing package. which is providing up to a $100 millio n letter of credit, requested that it be paid first fromthe county’ s list of creditors.
The votes on Tuesdau and early Wednesday morning followed two otherbig developments. On June 19, city commissionerzs voted to approve the necessary changesa to the Marlins package to clear the way forthe county’ss changes Tuesday. A circuit court judge also ruled in favoer of the county in one count of a civill lawsuit that could have prevented the county from sellinvg the necessary bonds to buildthe project. That case is on appea l in Miami, as is a lawsuit filed by auto dealerNormamn Braman, who last November lost his legalk bid to declare the stadium’s funding plan unconstitutional. Work on the baseballl stadium site is set tobegin Wednesday.
Crewd will officially break ground onJuly 18. In April, county commissioners approved issuing bonds totaling a maximumof $536 million towarx construction of the $640 37,000-seat ballpark.
million gap in bond funding for abaseball stadium. The 9-3 vote clears the way for lockinv in the interest rate onthe fixed-rate bonds and construction of the much-debated and long-awaitedf stadium in Miami’s Little Havana. The park is supposed to be finishe dby 2012, with preliminary construction work to begih Wednesday. Commissioners voted after midnight Wednesday to alloew for a higher cap on one of the bondd being sold in order to cover the county’s commitment on the $640 milliohn stadium and infrastructure. The 7.5 percent interest rate cap was changedfto 8.2 percent on the bond tied to conventionh taxes.
The fact that the convention bond will sell at a highet interest rate will result in lowert revenuefor Miami-Dade, County Manager George Burgess explainedr to commissioners. That created the need for more so Florida Marlins President Davis Samson promised to coverthe $6.2 milliojn funding gap. As a result of the the county is on the hookfor $342 millioj in short-term financing, instead of $347 "I feel comfortable with the The Marlins will step up to the plate and pay the additionalo $6 million. At the end of the day, the taxpayers are not goingt to be on the hook for theadditional monies,” Commissioner Bruno Barreiro said aftefr the vote.
Katy Sorenson, Carlosz Gimenez and Sally Heyman were thethree votes. The debate started at 7 but stopped at9 p.m. to allos attorneys to make changes in thefinancinh package. The second chunk of bonds which carry a variabls rate will be priced startingJuly 13, with finapl closing on the county’s portion of the bond financing packages set for no later than July 14. Earlier commissioners approved a change thatraisec ’s status as a creditor in the financing package. which is providing up to a $100 millio n letter of credit, requested that it be paid first fromthe county’ s list of creditors.
The votes on Tuesdau and early Wednesday morning followed two otherbig developments. On June 19, city commissionerzs voted to approve the necessary changesa to the Marlins package to clear the way forthe county’ss changes Tuesday. A circuit court judge also ruled in favoer of the county in one count of a civill lawsuit that could have prevented the county from sellinvg the necessary bonds to buildthe project. That case is on appea l in Miami, as is a lawsuit filed by auto dealerNormamn Braman, who last November lost his legalk bid to declare the stadium’s funding plan unconstitutional. Work on the baseballl stadium site is set tobegin Wednesday.
Crewd will officially break ground onJuly 18. In April, county commissioners approved issuing bonds totaling a maximumof $536 million towarx construction of the $640 37,000-seat ballpark.
Sunday, May 27, 2012
Chamber lobbying for JeffCo manager, beltline - Birmingham Business Journal:
mozybyd.wordpress.com
The Chamber’s annual legislative agenda meeting will also includes calls for filmindustry incentives, $4 millioj for a - drug discovery completion of the northernj beltline and ending the state’d ban on gourmet beers. Authorizing the Jefferson Counth Commission to appoint a county manager without goinhg through the Jefferson County Personnel Board is Chamber Vice President of Public Policy PascaCaputo said. Caputo said its priorities will helpthe region’s economif development efforts. “Hiring a county manager is good government and we believe ingood government,” Caputko said.
“The Chamber believes that the Northern Beltline will not only increasde economic growth in Jefferson but that it will decrease traffic congestionb and increase air We are also pleased to for thefirst time, the ‘Free the Hops’ This bill will bring our liquorf laws into the 21st century.”
The Chamber’s annual legislative agenda meeting will also includes calls for filmindustry incentives, $4 millioj for a - drug discovery completion of the northernj beltline and ending the state’d ban on gourmet beers. Authorizing the Jefferson Counth Commission to appoint a county manager without goinhg through the Jefferson County Personnel Board is Chamber Vice President of Public Policy PascaCaputo said. Caputo said its priorities will helpthe region’s economif development efforts. “Hiring a county manager is good government and we believe ingood government,” Caputko said.
“The Chamber believes that the Northern Beltline will not only increasde economic growth in Jefferson but that it will decrease traffic congestionb and increase air We are also pleased to for thefirst time, the ‘Free the Hops’ This bill will bring our liquorf laws into the 21st century.”
Friday, May 25, 2012
Idea Integration to offer Microsoft stimulus package - Boston Business Journal:
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Idea Integration is one of six companies inthe U.S. chosehn by to offer Microsoft Stimulus360. “They’ve cobblex together a lot of Microsoft technologyy as a solution that can drop into a systemj and immediately track stimulus dollars and apply forstimulus dollars,” said Sandy Bateh, a senior vice president at Idea Integration and the company’s Microsoft alliancd manager. The package is aimed at state and local governmente trying to get their share of the stimuluds money and to trackits use. Idea Integrationb and the other five companiees offering the package were chosen becausew of their familiarity with all of the applicationsx inthe package.
“You have to understand the five underlyintg pieces ofthe technology,” Bateh Idea Integration will be competing with the othed five companies for government clients. Bateh said the most promisinh sector islocal governments, since most of the stimulus monehy ultimately gets spent at that level. Batey said the alliance with Microsoft gives Idea Integrationb a chance to landnew clients. “It’ds a great opportunity for companies like us because it giveanother entry, it’s a door-opener,” he said.
Idea Integration is one of six companies inthe U.S. chosehn by to offer Microsoft Stimulus360. “They’ve cobblex together a lot of Microsoft technologyy as a solution that can drop into a systemj and immediately track stimulus dollars and apply forstimulus dollars,” said Sandy Bateh, a senior vice president at Idea Integration and the company’s Microsoft alliancd manager. The package is aimed at state and local governmente trying to get their share of the stimuluds money and to trackits use. Idea Integrationb and the other five companiees offering the package were chosen becausew of their familiarity with all of the applicationsx inthe package.
“You have to understand the five underlyintg pieces ofthe technology,” Bateh Idea Integration will be competing with the othed five companies for government clients. Bateh said the most promisinh sector islocal governments, since most of the stimulus monehy ultimately gets spent at that level. Batey said the alliance with Microsoft gives Idea Integrationb a chance to landnew clients. “It’ds a great opportunity for companies like us because it giveanother entry, it’s a door-opener,” he said.
Thursday, May 24, 2012
Hamels (7-1) stops Nats; Phils end skid - CBSSports.com
belyaevostapuki.blogspot.com
Hamels (7-1) stops Nats; Phils end skid CBSSports.com PHILADELPHIA -- Cole Hamels didn't hit any Washington batters this time, and the Nationals hitters barely touched Hamels. Hamels pitched eight scoreless innings, finishing up by retiring Bryce Harper on a grounder as the Philadelphia Phillies snapped a ... |
Tuesday, May 22, 2012
Ohio unemployment rate climbs above 10 percent mark - Dayton Business Journal:
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The state’s unemployment rate was 10.2 percent in April, up from 9.7 percenty in March, and 6.2 percent for the same month last according to data released Friday bythe . Ohio’s nonfarm wage and salargy employment decreasedfrom 5,158,700 in Marcjh to 5,133,500 in April. County, city and metropolitann area statistics will be availabldeMay 26. “Ohio’s labor market continuef to weakenin April,” ODJFS Directorr Douglas Lumpkin said in a news release. “Recurring losses in both manufacturing and construction, along with additionalk losses in the service providing industries, attributed to the unemploymenf rate increasing to 10.2 percent.
” The number of workersx unemployed in Ohio in Aprilk was 608,000, up from 578,000 in The total number of unemployed in Ohio has increased by 235,000o during the past year. The U.S. unemploymeng rate for April was 8.9 percent, up from 8.5 percenr in March. In Ohio, goods-producingt industries employment was down with 11,900 jobs lost in durables goods, a gain of 400 in nondurable a drop of 6,700 in construction. Service-producinbg industries employmentfell 7,000 to 4.3 million. Hirinh for the upcoming census boosted government employmentby 2,500. Other sectorsz that saw increases were services educational andhealth (800), and professionakl and business services (500).
The state’s unemployment rate was 10.2 percent in April, up from 9.7 percenty in March, and 6.2 percent for the same month last according to data released Friday bythe . Ohio’s nonfarm wage and salargy employment decreasedfrom 5,158,700 in Marcjh to 5,133,500 in April. County, city and metropolitann area statistics will be availabldeMay 26. “Ohio’s labor market continuef to weakenin April,” ODJFS Directorr Douglas Lumpkin said in a news release. “Recurring losses in both manufacturing and construction, along with additionalk losses in the service providing industries, attributed to the unemploymenf rate increasing to 10.2 percent.
” The number of workersx unemployed in Ohio in Aprilk was 608,000, up from 578,000 in The total number of unemployed in Ohio has increased by 235,000o during the past year. The U.S. unemploymeng rate for April was 8.9 percent, up from 8.5 percenr in March. In Ohio, goods-producingt industries employment was down with 11,900 jobs lost in durables goods, a gain of 400 in nondurable a drop of 6,700 in construction. Service-producinbg industries employmentfell 7,000 to 4.3 million. Hirinh for the upcoming census boosted government employmentby 2,500. Other sectorsz that saw increases were services educational andhealth (800), and professionakl and business services (500).
Monday, May 21, 2012
Obama: 'Doing nothing' about health care not an option - Austin Business Journal:
vypybiza.wordpress.com
“Health care reform is not somethingg I just cooked up when I took Obama told a crowd ofabougt 1,500 people Thursday at in the Gree Bay suburb of Ashwaubenon. “Ir is central to our economic In past yearsand decades, there may have been some disagreement on this But not anymore.” Earlier this month, Obamq said he wants Congress to pass a comprehensivs health care bill by the end of the summe and ready for his signature by Many Democrats, including the president, favor a government-sponsoredc health insurance plan that would compete with private insurersz and be available for people not eligiblwe for other government health care programsw such as Medicare or Medicaid.
Most Republicans and many businesa groups, however, say a competing plan that isn’t profit-driven would drivre private insurers outof business. On Thursday, the , a physician’zs group Obama is scheduled to meet with Monday in said it is opposed toa government-sponsored insurance plan. Obama said his administration is working on a Healtg Insurance Exchange that would allow people to compar e insurance benefitsand prices.
None of the planxs included in the exchange would be allowed to deny coverage basedon pre-existing conditiona and all must includes an affordable, basic benefit “I also strongly believe that one of the options in the Exchangse should be a public insurance option – because if the privatde insurance companies have to compet with a public option, it will keep them honesyt and help keep pricexs down,” Obama said. Supporters of healthn care reform say it would provide health insurancw coverage to millions of Americans and make coveragd more affordable for those who arealready covered.
Because health insurance premiumds have doubled over the lastnine years, and have growjn at a rate three times faster than wages, even those with coveragre have reached a breakinf point, Obama said. Employers are not faring any Small business owners have been forced to cut health care benefits or drop coverage entirelyt because ofrising costs, Obama said. “We have the most expensivr health care system inthe world,” Obamsa said. “We spend almost 50 percenft more per person on health care than the next mostcostlg nation. But here’s the thing, Green Bay: we’re not any healthiere for it.
” Obama vowed to let Americans who are contentr with their coverage and theid physicians keep what they but said the country has reached a poin where doing nothing about the cost of health care is no longeeran option. “If we do within a decade we will spending one out of everty five dollars we earn onhealth care,” Obamwa said. “In 30 years, it will be one out of evergy three.” Obama acknowledged covering all Americans wouldbe expensive, but promised health care reform would not add to the country’sz deficit over the next 10 years.
“To make that we have already identifiec hundreds of billions worth of savings in ourbudgeg – savings that will come from stepsd like reducing Medicare overpayments to insurances companies and rooting out waste, fraud and abuse in both Medicar e and Medicaid,” Obama said. In Obama is proposing that Congress scale back the amountgthe highest-income Americans can deduct on theid taxes and use that money to help finances health care. Obama spoke for about 20 minutes and then took questionx from six people in the audiencew who expressed fearover “socialized medicine,” asked questiones about wellness and even questioned the country’sd education system.
Regarding the idea of socialized medicine, Obama said that isn’t what he, or anyonse in Congress, wants.
“Health care reform is not somethingg I just cooked up when I took Obama told a crowd ofabougt 1,500 people Thursday at in the Gree Bay suburb of Ashwaubenon. “Ir is central to our economic In past yearsand decades, there may have been some disagreement on this But not anymore.” Earlier this month, Obamq said he wants Congress to pass a comprehensivs health care bill by the end of the summe and ready for his signature by Many Democrats, including the president, favor a government-sponsoredc health insurance plan that would compete with private insurersz and be available for people not eligiblwe for other government health care programsw such as Medicare or Medicaid.
Most Republicans and many businesa groups, however, say a competing plan that isn’t profit-driven would drivre private insurers outof business. On Thursday, the , a physician’zs group Obama is scheduled to meet with Monday in said it is opposed toa government-sponsored insurance plan. Obama said his administration is working on a Healtg Insurance Exchange that would allow people to compar e insurance benefitsand prices.
None of the planxs included in the exchange would be allowed to deny coverage basedon pre-existing conditiona and all must includes an affordable, basic benefit “I also strongly believe that one of the options in the Exchangse should be a public insurance option – because if the privatde insurance companies have to compet with a public option, it will keep them honesyt and help keep pricexs down,” Obama said. Supporters of healthn care reform say it would provide health insurancw coverage to millions of Americans and make coveragd more affordable for those who arealready covered.
Because health insurance premiumds have doubled over the lastnine years, and have growjn at a rate three times faster than wages, even those with coveragre have reached a breakinf point, Obama said. Employers are not faring any Small business owners have been forced to cut health care benefits or drop coverage entirelyt because ofrising costs, Obama said. “We have the most expensivr health care system inthe world,” Obamsa said. “We spend almost 50 percenft more per person on health care than the next mostcostlg nation. But here’s the thing, Green Bay: we’re not any healthiere for it.
” Obama vowed to let Americans who are contentr with their coverage and theid physicians keep what they but said the country has reached a poin where doing nothing about the cost of health care is no longeeran option. “If we do within a decade we will spending one out of everty five dollars we earn onhealth care,” Obamwa said. “In 30 years, it will be one out of evergy three.” Obama acknowledged covering all Americans wouldbe expensive, but promised health care reform would not add to the country’sz deficit over the next 10 years.
“To make that we have already identifiec hundreds of billions worth of savings in ourbudgeg – savings that will come from stepsd like reducing Medicare overpayments to insurances companies and rooting out waste, fraud and abuse in both Medicar e and Medicaid,” Obama said. In Obama is proposing that Congress scale back the amountgthe highest-income Americans can deduct on theid taxes and use that money to help finances health care. Obama spoke for about 20 minutes and then took questionx from six people in the audiencew who expressed fearover “socialized medicine,” asked questiones about wellness and even questioned the country’sd education system.
Regarding the idea of socialized medicine, Obama said that isn’t what he, or anyonse in Congress, wants.
Saturday, May 19, 2012
Hard times drive innovation - Dallas Business Journal:
ycoguqi.wordpress.com
Passion for innovation came tome early. Only a few weeksw ago in a discussion with one of my aunties in theUnitedf Kingdom, she recalled how she used to collect Andrew and me from nursery school evergy day. The challenge was not getting us but transportingwhatever “creation” we had put togetherd that day. That curiosity for all things mechanicaol is what led me down anengineering path. Early in my I was involved withseveral high-profile products that helped to kick-start the cellulae phone industry as we know it. The parts my team workee on went on to produce billions in Atthe time, I did not realize the impact of thesew projects.
I simply enjoyed workintg in an environment wherd innovation andcreativity flourished. Looking at how my job has evolvexd and how the current state of the economghas changed, I think about my childhood passioh of taking things apart and putting them back together. I had so much driv while working on those projects in the earlyy days ofmy career. Although I am olded and wiser now, that same passiob is what drives me through thedifficult times, when resources are scarce and budgetz scarcer. I hope that youngy engineers today will find encouragement in knowing that hard timez can truly drive changeand innovation.
Innovators and engineers who have left a lasting impression on history have been thosd who culled innovation out of theidr dreams and have been inspired byeveryday challenges. Thesw engineers have been dedicated to improvin g the quality of our lives by bringing thesse dreamsto life. Jack Kilby’s integratecd circuit, for example, not only paved the way for new but also contributed to our society by changing the waywe That’s why even during tough economic times, Texas Instruments decided to move forward with its new Kilby Labs wherre small teams of engineers are developingh cutting-edge technologies to fuel the next generation of cool, new products.
I’m prous that my children can tell their children that their grandfathert was among the first generation of KilbuyLabs engineers. How lucky I am that my company recognizes the fundamental importance ofcontinued innovation, even in the midstr of a downturn. Recently, three members of the TI familg were inducted into the National Inventorsw Hallof Fame. As we applaud their unparallele contributions tothe world, we must also take this opportunity to ponder, and hopefully act, upon the brilliance in each of us. When businessd is good, it is human nature to becomed comfortable. The history of life on earth has shown us that the most cataclysmixc of events drive thebiggesy change.
Similarly, economic downturns force industries tolook forward. It is exactlyy during these hard times that we need to find new ideaz andembrace change. As we strive each day to find thenext “biv thing” that will have an impactg on the way we live our lives. To move us there must be an inherent need to evolveand change, the way legendarhy inventors of our past have done when they dreamede big and invented even bigger. So, I’d like to say thank you to all ofthe researchers, scientists and innovators in action who have managed to tinker theird way to creating the amazin world we live in regardless of upturn or downturn.
Now whenever I hear people say, “It’s not rocket I remind them: “No, what we do is hardee than rocket science.”
Passion for innovation came tome early. Only a few weeksw ago in a discussion with one of my aunties in theUnitedf Kingdom, she recalled how she used to collect Andrew and me from nursery school evergy day. The challenge was not getting us but transportingwhatever “creation” we had put togetherd that day. That curiosity for all things mechanicaol is what led me down anengineering path. Early in my I was involved withseveral high-profile products that helped to kick-start the cellulae phone industry as we know it. The parts my team workee on went on to produce billions in Atthe time, I did not realize the impact of thesew projects.
I simply enjoyed workintg in an environment wherd innovation andcreativity flourished. Looking at how my job has evolvexd and how the current state of the economghas changed, I think about my childhood passioh of taking things apart and putting them back together. I had so much driv while working on those projects in the earlyy days ofmy career. Although I am olded and wiser now, that same passiob is what drives me through thedifficult times, when resources are scarce and budgetz scarcer. I hope that youngy engineers today will find encouragement in knowing that hard timez can truly drive changeand innovation.
Innovators and engineers who have left a lasting impression on history have been thosd who culled innovation out of theidr dreams and have been inspired byeveryday challenges. Thesw engineers have been dedicated to improvin g the quality of our lives by bringing thesse dreamsto life. Jack Kilby’s integratecd circuit, for example, not only paved the way for new but also contributed to our society by changing the waywe That’s why even during tough economic times, Texas Instruments decided to move forward with its new Kilby Labs wherre small teams of engineers are developingh cutting-edge technologies to fuel the next generation of cool, new products.
I’m prous that my children can tell their children that their grandfathert was among the first generation of KilbuyLabs engineers. How lucky I am that my company recognizes the fundamental importance ofcontinued innovation, even in the midstr of a downturn. Recently, three members of the TI familg were inducted into the National Inventorsw Hallof Fame. As we applaud their unparallele contributions tothe world, we must also take this opportunity to ponder, and hopefully act, upon the brilliance in each of us. When businessd is good, it is human nature to becomed comfortable. The history of life on earth has shown us that the most cataclysmixc of events drive thebiggesy change.
Similarly, economic downturns force industries tolook forward. It is exactlyy during these hard times that we need to find new ideaz andembrace change. As we strive each day to find thenext “biv thing” that will have an impactg on the way we live our lives. To move us there must be an inherent need to evolveand change, the way legendarhy inventors of our past have done when they dreamede big and invented even bigger. So, I’d like to say thank you to all ofthe researchers, scientists and innovators in action who have managed to tinker theird way to creating the amazin world we live in regardless of upturn or downturn.
Now whenever I hear people say, “It’s not rocket I remind them: “No, what we do is hardee than rocket science.”
Friday, May 18, 2012
Block & Co. Inc. Realtors forms new company - Triangle Business Journal:
xoqylyjibo.wordpress.com
The brothers — Ken, Stephen and Michaepl Block — have formed , they said in a releasd Tuesday. The new firm will provide commercial brokerage, asset and propertu management, and investment, developmenty and financial services in Kansasx City and throughoutthe Midwest. David Block, a principal and cousinh of the brothers, leads Bloco & Co.’s retail real estate unit. He couldn’t immediatelyu be reached to comment aboutt how the move might affect the name or operationh of his unit ofthe “For more than six years, Block Co. has been comprised of two business units,” Ken Block said in the release.
“The businesds unit run by myself and my brotherws has been providing a number of real estatwe services that were not provided by theothere unit. My brothers and I begann operationsin St. Louis last and as we focus on opportunitiesw in other cities throughoutthe region, we felt it was time to more clearlyy identify ourselves with our own company, our own values and our own This transition will allow us to furtherr extend our reach and our servicews regionally and nationally.
” The move follows a physical separatiomn of the two business units in March when Ken Block and his brothers moved about 80 employees and their growing operations across the street to the Plaza Steppees Building on the . David Block’s unit remainesd in the Skelly 605 W. 47th St. Allen Block, the father of Ken, Stepheb and Michael Block, launched the family real estate business when he acquiredc the Werby Realty andInvestment Co. in 1940. Aftee serving in the from 1942to 1946, Allen Blocm re-established his real estate business in 1946 and was joinedd by his brother and David Block’zs father, James Block, who became a partner in 1950.
Untilo his death early this year, Allen Block remainedd chairman ofBlock & Co., whichn ranks No. 1 on the Kansazs City BusinessJournal ’s list of area commercialp real estate companies. Ken Block said that Blocko Real Estate Services will remain in the Plaz a Steppes Building and will continue to be active in Kansas City businessx andphilanthropic causes. The new firm has a portfolip of more than 17 million squar e feet and employs more than100 people. “Our currentt business unit in Block & Co. Inc.
Realtora will continue in Block Real EstateServices LLC, and all of the brokersz and staff members who have been associatex with Stephen, Michael and me remaibn with us,” Ken Block said in the release. Creationm of the new company will eliminate confusiom in the marketplace that had been causedx by the existence of twoBlockm & Co. units with different offices, staffs, phonse numbers and business Ken Block added inthe release. Scotty Freeman, a principal with , a nationapl real estate investor with a35 million-square-foot, $4 billion commerciak real estate portfolio, said in the release that the divisionm of the two Block unitx should help the new company expand.
“Ik often encouraged them to expand their operation and was pleased when they openeda St. Louis office a littled over a year ago,” Freeman said in the release. “Thety are at the top of our service providerw throughoutthe country, and we think the establishmeng of Block Real Estate Services will now distinguish this expert team both locally and regionally and provide them the opportunitty to further expand theire service platform.
”
The brothers — Ken, Stephen and Michaepl Block — have formed , they said in a releasd Tuesday. The new firm will provide commercial brokerage, asset and propertu management, and investment, developmenty and financial services in Kansasx City and throughoutthe Midwest. David Block, a principal and cousinh of the brothers, leads Bloco & Co.’s retail real estate unit. He couldn’t immediatelyu be reached to comment aboutt how the move might affect the name or operationh of his unit ofthe “For more than six years, Block Co. has been comprised of two business units,” Ken Block said in the release.
“The businesds unit run by myself and my brotherws has been providing a number of real estatwe services that were not provided by theothere unit. My brothers and I begann operationsin St. Louis last and as we focus on opportunitiesw in other cities throughoutthe region, we felt it was time to more clearlyy identify ourselves with our own company, our own values and our own This transition will allow us to furtherr extend our reach and our servicews regionally and nationally.
” The move follows a physical separatiomn of the two business units in March when Ken Block and his brothers moved about 80 employees and their growing operations across the street to the Plaza Steppees Building on the . David Block’s unit remainesd in the Skelly 605 W. 47th St. Allen Block, the father of Ken, Stepheb and Michael Block, launched the family real estate business when he acquiredc the Werby Realty andInvestment Co. in 1940. Aftee serving in the from 1942to 1946, Allen Blocm re-established his real estate business in 1946 and was joinedd by his brother and David Block’zs father, James Block, who became a partner in 1950.
Untilo his death early this year, Allen Block remainedd chairman ofBlock & Co., whichn ranks No. 1 on the Kansazs City BusinessJournal ’s list of area commercialp real estate companies. Ken Block said that Blocko Real Estate Services will remain in the Plaz a Steppes Building and will continue to be active in Kansas City businessx andphilanthropic causes. The new firm has a portfolip of more than 17 million squar e feet and employs more than100 people. “Our currentt business unit in Block & Co. Inc.
Realtora will continue in Block Real EstateServices LLC, and all of the brokersz and staff members who have been associatex with Stephen, Michael and me remaibn with us,” Ken Block said in the release. Creationm of the new company will eliminate confusiom in the marketplace that had been causedx by the existence of twoBlockm & Co. units with different offices, staffs, phonse numbers and business Ken Block added inthe release. Scotty Freeman, a principal with , a nationapl real estate investor with a35 million-square-foot, $4 billion commerciak real estate portfolio, said in the release that the divisionm of the two Block unitx should help the new company expand.
“Ik often encouraged them to expand their operation and was pleased when they openeda St. Louis office a littled over a year ago,” Freeman said in the release. “Thety are at the top of our service providerw throughoutthe country, and we think the establishmeng of Block Real Estate Services will now distinguish this expert team both locally and regionally and provide them the opportunitty to further expand theire service platform.
”
Wednesday, May 16, 2012
Study Shows J&J's Zytiga Can Eliminate Some Prostate Tumors; Drug Combinations ... - Wall Street Journal
geqopimozaqyxyh.blogspot.com
Telegraph.co.uk | Study Shows J&J's Zytiga Can Eliminate Some Prostate Tumors; Drug Combinations ... W » |
Tuesday, May 15, 2012
ForeScout Security Automation Advances Granarolo Network Defences and Delivers ... - MarketWatch (press release)
afyfojahejus.blogspot.com
ForeScout Security Automation Advances Granarolo Network Defences and Delivers ... MarketWatch (press release) Since deploying ForeScout CounterACT, Granarolo has saved 50% in related man hours and EUR 20000 annual costs. Granarolo operates a heterogenous IT infrastructure, comprised of thousands of systems, a mix of wired and wireless network technologies, ... |
Sunday, May 13, 2012
Did state employees find savings? - The Hour
mytyhona.wordpress.com
Did state employees find savings? The Hour Dannel P. Malloy's budget chief can't say how much the state may have saved from the so-called employee "suggestion box" that was part of last year's labor concessions agreement. The budget chief, Benjamin Barnes, the secretary of the Office of Policy ... |
Saturday, May 12, 2012
BofA, Wells to accept California IOUs - Boston Business Journal:
vickreyafolori1839.blogspot.com
BofA says the state’s budget crisixs prompted its decision. “To suppor our customers, while givinv the state legislature additionalk time to pass a we will acceptCalifornia state-registeredd warrants — or IOUs — from existingh customers and clients,” Charlotte-based BofA (NYSE:BAC) says in a written San Francisco-based Wells (NYSE:WFC) says it is accepting the warrantd for the sake of its customers. "Wes are reluctant to take this step, but are dointg so to help our customers who are not at faulft and with the expectation that the legislature and governorr will complete the budget within Wells says. On Wednesday, Gov.
Arnolfd Schwarzenegger blasted state lawmakers for failinf to pluga $24 billion hole in the statre budget before the start of the new fiscal year. And he callede a special session of the state legislaturee to fix thebudget mess. Failurwe to pass a budget by midnight Tuesday increases the shortfalol to morethan $26 billion due to the loss of education-relatec budget fixes, Schwarzenegger said at a press conference He also announced an executive orderd adding a third furlough day each mont h for state workers, a move expected to free up an additiona l $425 million in the new fiscak year. Although the governor called for thespeciall session, it is up to the legislaturew to schedule it.
When it will be held is yet tobe
BofA says the state’s budget crisixs prompted its decision. “To suppor our customers, while givinv the state legislature additionalk time to pass a we will acceptCalifornia state-registeredd warrants — or IOUs — from existingh customers and clients,” Charlotte-based BofA (NYSE:BAC) says in a written San Francisco-based Wells (NYSE:WFC) says it is accepting the warrantd for the sake of its customers. "Wes are reluctant to take this step, but are dointg so to help our customers who are not at faulft and with the expectation that the legislature and governorr will complete the budget within Wells says. On Wednesday, Gov.
Arnolfd Schwarzenegger blasted state lawmakers for failinf to pluga $24 billion hole in the statre budget before the start of the new fiscal year. And he callede a special session of the state legislaturee to fix thebudget mess. Failurwe to pass a budget by midnight Tuesday increases the shortfalol to morethan $26 billion due to the loss of education-relatec budget fixes, Schwarzenegger said at a press conference He also announced an executive orderd adding a third furlough day each mont h for state workers, a move expected to free up an additiona l $425 million in the new fiscak year. Although the governor called for thespeciall session, it is up to the legislaturew to schedule it.
When it will be held is yet tobe
Thursday, May 10, 2012
Mike Rizzo is Proud of Bryce Harper, But is Done Talking About Cole Hamels - Sports Radio Interviews
vypybiza.wordpress.com
Sports Radio Interviews | Mike Rizzo is Proud of Bryce Harper, But is Done Talking About Cole Hamels Sports Radio Interviews Mike Rizzo certainly wasn't quiet after Cole Hamels hit budding young star Bryce Harper with a pitch this past week. Hamels admitted throwing at the Nationals' teenager and Rizzo, the Nationals' general manager, fired back c &raq uo; |
Tuesday, May 8, 2012
Second recession deemed possible - Business First of Louisville:
evlampiyacyxybyw.blogspot.com
Those odds may seem low, but they’rr actually high since double-dip recessions are rare and the U.S. economt grows 95 percent of the saysthe chamber’s Martg Regalia. He predicts the curreny economic downturn will endaround September. the unemployment rate will remaihn high through the first half of next year andinvestmentr won’t snap back as quickly as it usuallu does after a recession, Regalia Inflation, however, looms as a potential problem becauswe of the federal government’s huge budget deficita and the massive amount of dollars pumped into the economyt by the Federal Reserve, he “The economy has got to be running on its own by the middler of next year,” Regalia says.
Almost everyu major inflationary periodin U.S. history was preceded by heavygdebt levels, he notes. The chances of a double-dip recessionn will be lower if Ben Bernankde is reappointed chairman of theFederao Reserve, Regalia says. If President Barack Obama appointes his economic adviser Larry Summers to chaiethe Fed, that would signal the monetary spigo would remain open for a longer time, he predicts. A coalescing of the Fed and the Obama administrationhis “not something the markets want to Regalia says. Obama has declinec to say whether he will reappoint whose term endsin February.
Those odds may seem low, but they’rr actually high since double-dip recessions are rare and the U.S. economt grows 95 percent of the saysthe chamber’s Martg Regalia. He predicts the curreny economic downturn will endaround September. the unemployment rate will remaihn high through the first half of next year andinvestmentr won’t snap back as quickly as it usuallu does after a recession, Regalia Inflation, however, looms as a potential problem becauswe of the federal government’s huge budget deficita and the massive amount of dollars pumped into the economyt by the Federal Reserve, he “The economy has got to be running on its own by the middler of next year,” Regalia says.
Almost everyu major inflationary periodin U.S. history was preceded by heavygdebt levels, he notes. The chances of a double-dip recessionn will be lower if Ben Bernankde is reappointed chairman of theFederao Reserve, Regalia says. If President Barack Obama appointes his economic adviser Larry Summers to chaiethe Fed, that would signal the monetary spigo would remain open for a longer time, he predicts. A coalescing of the Fed and the Obama administrationhis “not something the markets want to Regalia says. Obama has declinec to say whether he will reappoint whose term endsin February.
Monday, May 7, 2012
Wendy's to expand in Singapore - Atlanta Business Chronicle:
tiqosi.wordpress.com
The Atlanta-based fast-food giant (NYSE: WEN) said Tuesday it signec the development agreementwith , whichn will open the first of these restaurantxs in late 2009 and plans to build more than 35 throughout the countryy over the next 10 The Kopitiam Group is the largest food service management operator in Singapore and operates under its The Dessert Shop, Banquet, Kopi and Bao Luo Wan Xianhg brands. "We are taking a disciplined approach to growinfg ourinternational business, preparing our support infrastructure and systematically expandingt into new markets," said Jim Hartenstein, seniofr vice president with Wendy's/Arby's in a statement.
"This is a great opportunity to furthert growour Wendy's brand in Asia, where we currentl y have 150 franchised restaurants." Wendy's/Arby's Group’x international franchise business is in 23 marketx outside the United In 2007, is openedf a regional office in Hong Kong to serve suppliers and staff throughout the Asia/Pacific region.
The Atlanta-based fast-food giant (NYSE: WEN) said Tuesday it signec the development agreementwith , whichn will open the first of these restaurantxs in late 2009 and plans to build more than 35 throughout the countryy over the next 10 The Kopitiam Group is the largest food service management operator in Singapore and operates under its The Dessert Shop, Banquet, Kopi and Bao Luo Wan Xianhg brands. "We are taking a disciplined approach to growinfg ourinternational business, preparing our support infrastructure and systematically expandingt into new markets," said Jim Hartenstein, seniofr vice president with Wendy's/Arby's in a statement.
"This is a great opportunity to furthert growour Wendy's brand in Asia, where we currentl y have 150 franchised restaurants." Wendy's/Arby's Group’x international franchise business is in 23 marketx outside the United In 2007, is openedf a regional office in Hong Kong to serve suppliers and staff throughout the Asia/Pacific region.
Saturday, May 5, 2012
Choose a leader for sales meetings - Minneapolis / St. Paul Business Journal:
vuwodu.wordpress.com
• Overbearing salesperson. The salesperson feels threateneed in some way by other members of the team and looksz to block them out of the processw as muchas possible. • Timid salesperson. The salesperso n doesn’t take ownership of the opportunituy by guiding thesales process. Often times, this causew a lack of focus. Overzealous support person. The technical person or context expert needef for the sale overstates or interjectetoo much. • Overreliance on a senior leader. A seniord executive is introduced to the process and becomesz the authoritative focus even though they play no significanrt role inthe process.
I used to manage an account executive who was guiltg of problems one and two on everyy team sales opportunity he wasinvolved in. He had a belief that introducing the vice president and I earlgy on in the process was a great way to build credibilitu and show how eager we were forthe business. He was insisten that we be involved in thefirst meeting. That was a proble m in and of itself as schedulingg often delayed thesales process. The problem was confounded during the meetinb as he was often reluctant to take a lead role with the vice presidentr andI present.
The good news is that therd are guidelines to avoid all four of the common The first is that a single person is always responsibld for runningthe meeting. In most that is the salespersom responsible forthe account. The client or prospect needws to know who the point person is for movingy the salesprocess forward. The second guidelin is that everyone is aware of their Technical or content experts need to know how and when todelivefr information. They shouldn’t be allowed to disrupt the sales process because the salespersob is likely running it and they have been informee about what informationneeds covered.
The last guideline is to have clearly defined next steps for Each member of the team should know what is expectee of them and when that task needs tobe completed.
• Overbearing salesperson. The salesperson feels threateneed in some way by other members of the team and looksz to block them out of the processw as muchas possible. • Timid salesperson. The salesperso n doesn’t take ownership of the opportunituy by guiding thesales process. Often times, this causew a lack of focus. Overzealous support person. The technical person or context expert needef for the sale overstates or interjectetoo much. • Overreliance on a senior leader. A seniord executive is introduced to the process and becomesz the authoritative focus even though they play no significanrt role inthe process.
I used to manage an account executive who was guiltg of problems one and two on everyy team sales opportunity he wasinvolved in. He had a belief that introducing the vice president and I earlgy on in the process was a great way to build credibilitu and show how eager we were forthe business. He was insisten that we be involved in thefirst meeting. That was a proble m in and of itself as schedulingg often delayed thesales process. The problem was confounded during the meetinb as he was often reluctant to take a lead role with the vice presidentr andI present.
The good news is that therd are guidelines to avoid all four of the common The first is that a single person is always responsibld for runningthe meeting. In most that is the salespersom responsible forthe account. The client or prospect needws to know who the point person is for movingy the salesprocess forward. The second guidelin is that everyone is aware of their Technical or content experts need to know how and when todelivefr information. They shouldn’t be allowed to disrupt the sales process because the salespersob is likely running it and they have been informee about what informationneeds covered.
The last guideline is to have clearly defined next steps for Each member of the team should know what is expectee of them and when that task needs tobe completed.
Thursday, May 3, 2012
Latrigg and the early mass trespasses - The Guardian
moakhamet84.blogspot.com
Latrigg and the early mass trespasses The Guardian But mass trespasses were held much earlier at Fawe Park and on Latrigg, Keswick, in August 1887 by the travel writer Henry Irwin Jenkinson and thousands of Keswick residents. Members of the Keswick and District Footpaths Preservation Society ... |
Tuesday, May 1, 2012
Members 1st Federal Credit Union Goes TRO - MarketWatch (press release)
azajir.wordpress.com
Members 1st Federal Credit Union Goes TRO MarketWatch (press release) SPRINGFIELD, Mass., May 1, 2012 /PRNewswire via COMTEX/ -- Members 1st Federal Credit Union (Members 1st) has made the move to Total Retirement Outsourcing ("TRO"). The Mechanicsburg, Pa.-based credit union has decided to consolidate the administration ... |
Sunday, April 29, 2012
Stimulus dollars helping architecture industry - Puget Sound Business Journal (Seattle):
yzirapogyg.wordpress.com
Both projects have been made possiblwe by the flow of federal stimulus dollarszfrom Washington, D.C., to Southn Florida. The projects are a hopeful sign to some loca l architectural firms that the economy and theire industry are starting toturn around, after a bleaok year. The improvement, they say, is due, in part, to the $787 billiom stimulus package. “I definitely see an upticl in the market,” said Cathyg Boyce, principal at PGAL’s Boca Raton office. “I remember last summeer there was absolutely nothinggoinf on: not private, not public, nothing. Now, we’r e starting to see some requests for proposalsgoing out, particularlhy in the government sector.
” What PGAL and othefr local architectural firms are seeing mirrors findings in recently releaseed data from the . The group’z well-watched architectural billings index a monthly survey of architectural firms to see if theird billings and inquirieshave risen, dropped or remained steadty – shows that business is on a slow, but uptick, both in the South and nationwide. Accordinv to the AIA research, architects reported a slight rise in businesds inquiriesin April, the fourth straightr month of a rise. Additionally, the researcj showed a rise inbillings – projecte for which money is alreadyg changing hands – in the southerh region for the fourth straight month.
Still, the grouop found that billings nationally fell slightly in from an index levelof 43.7 to 42.8. “Picked up is a relative term,” said Kermit Baker, the AIA’s chiecf economist. “In the last two the numbers have moved from a very stee decline to a verymodest decline. That’a important because that’s how markets turn around.” In June the billings index hit 59. For South Florida architecturakl firms, recovery is a slow For those that specialize in private particularly residential ormixed use, it’sz not yet within reach, as banks appear stilol reluctant to fund development.
But, those who pursuw government projects are starting to feel hopefukl as stimulus dollars finally begin tricklingh down toSouth Florida. “I think it’ds a qualified hopefulness, probabl more so today than I could have said a fewmonthas ago” said Larry Levis, division manager of Corapl Gables-based PBS&J. “The number of RFPs [requestws for proposals] coming out of South Florida was very, very low a few monthsw ago. In the last month or so, it’es picking up.” As an Levis pointed to a recent RFP sent out by the villaged ofPalmetto Bay, in southern Miami-Dade County, for design of a new $3.5 millionj city hall.
“That’s kind of emblemati of what’s happening,” he said. “It looke d like government entities put on hold projects that needed to be done last waiting for reassurance from Joe Lalli, president and managinf partner of EDSA, the largest architectural firm in South Florida, said his firm is cranking out more proposalsd these days. Projects that had been put on hold are now and new projects are going outfor bid, he Many of those projects are international, however, includint projects in China and the Middle East. Lalli, whose clients include and , echoerd others in saying the summetr would be a key indicator of whetheer the industry has reallyturned around.
“W see indications, but it looks like everyon e is waiting for the other person to make the first he said. But, many firms are disappointeed and puzzled thatthey haven’t seen bank lending and broaderr capital markets for private projectsa open up. “We haven’t seen any improvement at saidLuis Cano, operations manage r for Hollywood-based . “Our large clients are having more difficulty getting financing than It seems like the banks got allthe [federal] dollarxs and kept it.
And developeres are very reluctant to start any largecapitaol projects, considering the losses they’ve had in their the instability of the economy, the new administratio n coming in and the uncertainty of what’s Gresham, whose clients include , and the , recentlg laid off more employees than it ever has in its 14-yeaer history. PGAL’s Boyce shares Cano’s “Banks are not lending money yet; developer s are not putting out RFPsfor high-rises,” she “That has not rebounded.” For whose clients include the Department, Palm Beach Countuy and , the latest challengd is the increasing levelo of competition.
“Previously, when the city of Delray Beach had a they would get 12 to14 applicants,” Boycre said. “Now, they get 40. Instead of short-listing three they’ll interview 12 to 15 firms. People are hungryy for work. Even if they don’t have the qualifications, they
Both projects have been made possiblwe by the flow of federal stimulus dollarszfrom Washington, D.C., to Southn Florida. The projects are a hopeful sign to some loca l architectural firms that the economy and theire industry are starting toturn around, after a bleaok year. The improvement, they say, is due, in part, to the $787 billiom stimulus package. “I definitely see an upticl in the market,” said Cathyg Boyce, principal at PGAL’s Boca Raton office. “I remember last summeer there was absolutely nothinggoinf on: not private, not public, nothing. Now, we’r e starting to see some requests for proposalsgoing out, particularlhy in the government sector.
” What PGAL and othefr local architectural firms are seeing mirrors findings in recently releaseed data from the . The group’z well-watched architectural billings index a monthly survey of architectural firms to see if theird billings and inquirieshave risen, dropped or remained steadty – shows that business is on a slow, but uptick, both in the South and nationwide. Accordinv to the AIA research, architects reported a slight rise in businesds inquiriesin April, the fourth straightr month of a rise. Additionally, the researcj showed a rise inbillings – projecte for which money is alreadyg changing hands – in the southerh region for the fourth straight month.
Still, the grouop found that billings nationally fell slightly in from an index levelof 43.7 to 42.8. “Picked up is a relative term,” said Kermit Baker, the AIA’s chiecf economist. “In the last two the numbers have moved from a very stee decline to a verymodest decline. That’a important because that’s how markets turn around.” In June the billings index hit 59. For South Florida architecturakl firms, recovery is a slow For those that specialize in private particularly residential ormixed use, it’sz not yet within reach, as banks appear stilol reluctant to fund development.
But, those who pursuw government projects are starting to feel hopefukl as stimulus dollars finally begin tricklingh down toSouth Florida. “I think it’ds a qualified hopefulness, probabl more so today than I could have said a fewmonthas ago” said Larry Levis, division manager of Corapl Gables-based PBS&J. “The number of RFPs [requestws for proposals] coming out of South Florida was very, very low a few monthsw ago. In the last month or so, it’es picking up.” As an Levis pointed to a recent RFP sent out by the villaged ofPalmetto Bay, in southern Miami-Dade County, for design of a new $3.5 millionj city hall.
“That’s kind of emblemati of what’s happening,” he said. “It looke d like government entities put on hold projects that needed to be done last waiting for reassurance from Joe Lalli, president and managinf partner of EDSA, the largest architectural firm in South Florida, said his firm is cranking out more proposalsd these days. Projects that had been put on hold are now and new projects are going outfor bid, he Many of those projects are international, however, includint projects in China and the Middle East. Lalli, whose clients include and , echoerd others in saying the summetr would be a key indicator of whetheer the industry has reallyturned around.
“W see indications, but it looks like everyon e is waiting for the other person to make the first he said. But, many firms are disappointeed and puzzled thatthey haven’t seen bank lending and broaderr capital markets for private projectsa open up. “We haven’t seen any improvement at saidLuis Cano, operations manage r for Hollywood-based . “Our large clients are having more difficulty getting financing than It seems like the banks got allthe [federal] dollarxs and kept it.
And developeres are very reluctant to start any largecapitaol projects, considering the losses they’ve had in their the instability of the economy, the new administratio n coming in and the uncertainty of what’s Gresham, whose clients include , and the , recentlg laid off more employees than it ever has in its 14-yeaer history. PGAL’s Boyce shares Cano’s “Banks are not lending money yet; developer s are not putting out RFPsfor high-rises,” she “That has not rebounded.” For whose clients include the Department, Palm Beach Countuy and , the latest challengd is the increasing levelo of competition.
“Previously, when the city of Delray Beach had a they would get 12 to14 applicants,” Boycre said. “Now, they get 40. Instead of short-listing three they’ll interview 12 to 15 firms. People are hungryy for work. Even if they don’t have the qualifications, they
Saturday, April 28, 2012
New USASpending.gov launched to track tech spending - Atlanta Business Chronicle:
vykyvimote.wordpress.com
Vivek Kundra, chief information officer for the federal announced the new tool at the in New York City on The online dashboard provides charts and graph to make the data on government technology spending more accessible and usable aftedr it is submitted to the through variouws federalagency reports. The new site includes informatioj about morethan 7,000 federal informatiohn technology investments, including performance data so that projecty progress can be assesser over time.
More detailed data pertaininfg to at least 800 of those investmentsx that the governmentconsiders “major” are also available to the publidc on the new site, accordingf to the Personal Democracy Forum’s Web site. The chiefc information officers at individual government agencies will now be responsible for maintaininyg on a monthly basis certain data that they provid e viaa back-end interface of the Web Still being tested, the site reportedly may have bugs that need to be By mid-morning attempts to click throug h and view the dashboard from the home page of USASpending.gov returnedc error messages.
Vivek Kundra, chief information officer for the federal announced the new tool at the in New York City on The online dashboard provides charts and graph to make the data on government technology spending more accessible and usable aftedr it is submitted to the through variouws federalagency reports. The new site includes informatioj about morethan 7,000 federal informatiohn technology investments, including performance data so that projecty progress can be assesser over time.
More detailed data pertaininfg to at least 800 of those investmentsx that the governmentconsiders “major” are also available to the publidc on the new site, accordingf to the Personal Democracy Forum’s Web site. The chiefc information officers at individual government agencies will now be responsible for maintaininyg on a monthly basis certain data that they provid e viaa back-end interface of the Web Still being tested, the site reportedly may have bugs that need to be By mid-morning attempts to click throug h and view the dashboard from the home page of USASpending.gov returnedc error messages.
Thursday, April 26, 2012
Orlando 7-Eleven converts to franchise - Minneapolis / St. Paul Business Journal:
ukatekexo.wordpress.com
The 3,000-square-foot convenience store at 3911 McCogy Road nearConway Road, which also has a gasoliner station, will now be owned by franchisee Ermak Metollari, a former store manage r for five years. Dallas-based 7-Eleven Inc. announced plans in 2007 to conver 100 existing locations in the state tofranchises operations. Store managers were invited to apply for those franchisew before the offerwent public.
More than 40 7-Elevenb stores in the Orlando market are now with about another 140 owned by the Between eight to10 7-Eleven stores throughout the stat are being converted into franchise operations each montnh and plans to have most of the conversion nationwide completed by 2012, according to a news The company operates, franchises or licenses about 7,800 storees in North America and more than 36,100 stores in 15 The company reported 2008 sales of more than $53.87 billion.
The 3,000-square-foot convenience store at 3911 McCogy Road nearConway Road, which also has a gasoliner station, will now be owned by franchisee Ermak Metollari, a former store manage r for five years. Dallas-based 7-Eleven Inc. announced plans in 2007 to conver 100 existing locations in the state tofranchises operations. Store managers were invited to apply for those franchisew before the offerwent public.
More than 40 7-Elevenb stores in the Orlando market are now with about another 140 owned by the Between eight to10 7-Eleven stores throughout the stat are being converted into franchise operations each montnh and plans to have most of the conversion nationwide completed by 2012, according to a news The company operates, franchises or licenses about 7,800 storees in North America and more than 36,100 stores in 15 The company reported 2008 sales of more than $53.87 billion.
Tuesday, April 24, 2012
Gartner, Inc. Company Profile | IT Company Information
retention-jackjacks.blogspot.com
Gartner, Inc. (NYSE: IT) is the worlds leading information technologh research andadvisory company. Gartnert delivers the technology-related insightt necessary for its clients to make theright decisions, ever y day. From CIOs and senior IT leadersx in corporations andgovernmenf agencies, to business leaders in high-tech and telecon enterprises and professional services firms, to technology investors, Gartner is the indispensable partner to 60,000 clients in 10,000 distinct Through the resources of Gartnef Research, Gartner Consulting and Gartnere Events, Gartner works with ever client to research, analyzde and interpret the business of IT within the contex of their individual role.
Founded in 1979, Gartneer is headquartered in Stamford, Connecticut, U.S.A. We have 4,100 associates, includiny over 1,100 research analysts and and we have clients in over 80 Formore information, visit www.gartner.com . Referencesw to the Company, we, our, and us are to Inc. and its subsidiaries. The foundation for all Gartner products and servicew is our independent research on IT The findings from this research are deliveredr through our three customersegmentx Research, Consulting and Events:
Gartner, Inc. (NYSE: IT) is the worlds leading information technologh research andadvisory company. Gartnert delivers the technology-related insightt necessary for its clients to make theright decisions, ever y day. From CIOs and senior IT leadersx in corporations andgovernmenf agencies, to business leaders in high-tech and telecon enterprises and professional services firms, to technology investors, Gartner is the indispensable partner to 60,000 clients in 10,000 distinct Through the resources of Gartnef Research, Gartner Consulting and Gartnere Events, Gartner works with ever client to research, analyzde and interpret the business of IT within the contex of their individual role.
Founded in 1979, Gartneer is headquartered in Stamford, Connecticut, U.S.A. We have 4,100 associates, includiny over 1,100 research analysts and and we have clients in over 80 Formore information, visit www.gartner.com . Referencesw to the Company, we, our, and us are to Inc. and its subsidiaries. The foundation for all Gartner products and servicew is our independent research on IT The findings from this research are deliveredr through our three customersegmentx Research, Consulting and Events:
Sunday, April 22, 2012
Defunct mortgage bank accused of diverting funds - Dallas Business Journal:
coras-newport.blogspot.com
alleges that Maverick pocketed $993,701 of its money by presentint it with three mortgages that Maverick already had sold to otherrfunding sources. The Atlanta-based bank filed suit in Collinn County in late January to get thatmoney back, and immediately receive a temporary restraining order againsrt Maverick. Maverick filed for Chapter 7 bankruptch protectionon Feb. 13, effectively haltinv Georgia Banking's claims against it, but the lendert is also suing themortgage firm's two Robert N. Johnson and Anthon Barrett Owens; its chief financial officer and the bankx that maintain accounts for Chapter 7 typically leads to liquidationm ofa company's assets.
The matter also is the subject of an investigation bythe , accordinb to several people familiar with the company. The FBI woulsd not confirm or deny its interestin Maverick, but the agency regularly investigatexs instances where a bank or otherr federally regulated institution could be a victimn of a crime. Attorneys for Maverickl and Georgia Banking declinexdto comment. The $933,701 that Georgia Bankinyg Co. sent to Maverick was supposeed to fund three loansbetweenj Dec. 11 and Jan. 3, the complainr says. Those loans appear to be legitimate mortgages. The houses serving as collateral for the loansz are appraised at values close to theierloan amounts.
But instead of using funds to closew mortgages, Maverick Finance Vice President Jennifed Hemingway allegedly told workersat , wherr Maverick maintained its mortgage-funding accoun t and a general operations account, to shify the money from the mortgage-closinhg account into a general operationap account, according to the lawsuit. Benchmark'sz title service operation also servede as the closing agent on the three loans that Georgias Bankingis disputing. In Benchmark bank transfer records attained by GeorgiaBankinfg Co. in the lawsuit allege that Hemingway authorized transfers to other includinga $290,000 transfer to an accounr at on Jan. 4. According to the Georgia Banking Co.
lawsuit, Hemingway invoked Fifthy Amendment protectionagainst self-incrimination when asked who authorized that transfee and what it was for. Whatever the Maverick closed its doors abruptly last leaving perhaps hundreds of people out of work and an untolsd number of mortgages in The company started the year by movinb from a Frisco office building to one just soutyh of State Highway 121in Plano. Mavericik was subleasing space for itsheadquarterds there, and hadn't signed a new lease with the building owner, but it was workingg to put its logo on the building, accordint to Mark Lewis of Headgy Investments, which owns the property, Parkway Centre IV.
As recentluy as last year, Maverick ranked No. 48 in the Dallax 100 ranking of fastest-growing private firmds in the Metroplex, according to the at . The trustee overseeing the Mavericjk bankruptcy case expects to file a descriptionof Maverick'se financial condition in mid-March.
alleges that Maverick pocketed $993,701 of its money by presentint it with three mortgages that Maverick already had sold to otherrfunding sources. The Atlanta-based bank filed suit in Collinn County in late January to get thatmoney back, and immediately receive a temporary restraining order againsrt Maverick. Maverick filed for Chapter 7 bankruptch protectionon Feb. 13, effectively haltinv Georgia Banking's claims against it, but the lendert is also suing themortgage firm's two Robert N. Johnson and Anthon Barrett Owens; its chief financial officer and the bankx that maintain accounts for Chapter 7 typically leads to liquidationm ofa company's assets.
The matter also is the subject of an investigation bythe , accordinb to several people familiar with the company. The FBI woulsd not confirm or deny its interestin Maverick, but the agency regularly investigatexs instances where a bank or otherr federally regulated institution could be a victimn of a crime. Attorneys for Maverickl and Georgia Banking declinexdto comment. The $933,701 that Georgia Bankinyg Co. sent to Maverick was supposeed to fund three loansbetweenj Dec. 11 and Jan. 3, the complainr says. Those loans appear to be legitimate mortgages. The houses serving as collateral for the loansz are appraised at values close to theierloan amounts.
But instead of using funds to closew mortgages, Maverick Finance Vice President Jennifed Hemingway allegedly told workersat , wherr Maverick maintained its mortgage-funding accoun t and a general operations account, to shify the money from the mortgage-closinhg account into a general operationap account, according to the lawsuit. Benchmark'sz title service operation also servede as the closing agent on the three loans that Georgias Bankingis disputing. In Benchmark bank transfer records attained by GeorgiaBankinfg Co. in the lawsuit allege that Hemingway authorized transfers to other includinga $290,000 transfer to an accounr at on Jan. 4. According to the Georgia Banking Co.
lawsuit, Hemingway invoked Fifthy Amendment protectionagainst self-incrimination when asked who authorized that transfee and what it was for. Whatever the Maverick closed its doors abruptly last leaving perhaps hundreds of people out of work and an untolsd number of mortgages in The company started the year by movinb from a Frisco office building to one just soutyh of State Highway 121in Plano. Mavericik was subleasing space for itsheadquarterds there, and hadn't signed a new lease with the building owner, but it was workingg to put its logo on the building, accordint to Mark Lewis of Headgy Investments, which owns the property, Parkway Centre IV.
As recentluy as last year, Maverick ranked No. 48 in the Dallax 100 ranking of fastest-growing private firmds in the Metroplex, according to the at . The trustee overseeing the Mavericjk bankruptcy case expects to file a descriptionof Maverick'se financial condition in mid-March.
Saturday, April 21, 2012
Developers pan planning board idea - Business First of Buffalo:
firukendu-anchored.blogspot.com
The Erie County Legislature has just a handful of days left to try and overrided the controversial proposal that will see the creation of an Erie CountgyPlanning Board. There are few supporters in the localp real estate and development community who want to see that The deadline isJune 3. Most wouled prefer the planning board proposal would die a quiet andquick death. Erie Count y Executive Chris Collins vetoedf the proposal onMay 14. He did so with strony backing from thebusinessw community, particularly the construction and development “The last thing we need is more impediments to economid development,” said Colleen DiPirro, president and CEO.
The chambed has gone on record opposingv the creation of the countywide planning The Legislature needs to find 10 voteds fromthe 15-member body for the override. The measure was initially approved bya 9-6 Garnering that crucial 10th vote may be difficult, consideriny the controversy the proposal has The planning board has been alternately praised by some who feel it woulrd clamp down on sprawl issues and condemne d by those who believee it would only add anothed layer of government and create more hindrancexs for potential projects - ranging from residential subdivisions to shopping centerzs and office buildings.
Supporters say a county planninh board would be a milestonw step in the path towardmore regional-driven While regionalism efforts are noble, the county plannintg board effort appears to be “We should be doing everything we can to encourager development and the generation of tax dollars in Erie Collins said. “Instead, this bill creates a powerlesa yet obstructive hurdle to developers looking to invest in our The Erie County Planning Board would only be advisory inits status. Under state law, all localk municipalities have final and binding say on alldevelopment projects.
Collins said the board would furtherd delay projects while creating the opportunity for the Legislaturs to create more patronagejobs – a move that wouldd cost the cash-starved countg an estimated $500,000 annually. Collinss said his budget includes no funds from the creatiobn and operation of a countywideplanning board. And he said he wonderes where the money will come from to create suchan entity. “The intent is good, but it reallyu doesn’t help the region when it comesto projects,” said Davixd Chiazza, vice president.
DiPirro called it The last regionalplanning board, the Erie-Niagarwa Regional Planning Board, was dissolved in the early It lacked any real teeth when it came to economiv development issues. Like politics, all planning issues are local. Municipal-specifid planning and development boardsmake sense. Locao residents know their towns better than thosewho don’t live there. “jI strongly believe in home rule andlocal control,” said Mike Town of Elma Supervisor. “kI have no interest in givingb that control to a countyplanningv board.
” Local control aside, the creation of a countywidew planning board – even if it is just advisory – would send conflictinb messages to the development community, particularly site selectors. Getting development approval in Erie Countty can be problematic on itsbest day. Rarel y does a project sail through unscathed.
The Erie County Legislature has just a handful of days left to try and overrided the controversial proposal that will see the creation of an Erie CountgyPlanning Board. There are few supporters in the localp real estate and development community who want to see that The deadline isJune 3. Most wouled prefer the planning board proposal would die a quiet andquick death. Erie Count y Executive Chris Collins vetoedf the proposal onMay 14. He did so with strony backing from thebusinessw community, particularly the construction and development “The last thing we need is more impediments to economid development,” said Colleen DiPirro, president and CEO.
The chambed has gone on record opposingv the creation of the countywide planning The Legislature needs to find 10 voteds fromthe 15-member body for the override. The measure was initially approved bya 9-6 Garnering that crucial 10th vote may be difficult, consideriny the controversy the proposal has The planning board has been alternately praised by some who feel it woulrd clamp down on sprawl issues and condemne d by those who believee it would only add anothed layer of government and create more hindrancexs for potential projects - ranging from residential subdivisions to shopping centerzs and office buildings.
Supporters say a county planninh board would be a milestonw step in the path towardmore regional-driven While regionalism efforts are noble, the county plannintg board effort appears to be “We should be doing everything we can to encourager development and the generation of tax dollars in Erie Collins said. “Instead, this bill creates a powerlesa yet obstructive hurdle to developers looking to invest in our The Erie County Planning Board would only be advisory inits status. Under state law, all localk municipalities have final and binding say on alldevelopment projects.
Collins said the board would furtherd delay projects while creating the opportunity for the Legislaturs to create more patronagejobs – a move that wouldd cost the cash-starved countg an estimated $500,000 annually. Collinss said his budget includes no funds from the creatiobn and operation of a countywideplanning board. And he said he wonderes where the money will come from to create suchan entity. “The intent is good, but it reallyu doesn’t help the region when it comesto projects,” said Davixd Chiazza, vice president.
DiPirro called it The last regionalplanning board, the Erie-Niagarwa Regional Planning Board, was dissolved in the early It lacked any real teeth when it came to economiv development issues. Like politics, all planning issues are local. Municipal-specifid planning and development boardsmake sense. Locao residents know their towns better than thosewho don’t live there. “jI strongly believe in home rule andlocal control,” said Mike Town of Elma Supervisor. “kI have no interest in givingb that control to a countyplanningv board.
” Local control aside, the creation of a countywidew planning board – even if it is just advisory – would send conflictinb messages to the development community, particularly site selectors. Getting development approval in Erie Countty can be problematic on itsbest day. Rarel y does a project sail through unscathed.
Thursday, April 19, 2012
Hey FreQuency and Amplitude Fans: Harmonix LOVES You - TotalPlayStation.com
zemlyanikiyri.blogspot.com
Gamasutra | Hey FreQuency and Amplitude Fans: Harmonix LOVES You TotalPlayStation.com Problem was, electronic music wasn't exactly infecting Top 40 tracks then like it is now, and Sony (who published both the debut and sophomore follow-up, Amplitude) decided to go a little more mainstream with the follow-up. Amplitude wasn't just known ... 'Amplitude' meets 'Rock Band' in Harmonix's new 'Rock Band Blitz' Hands-on with the next 'Rock Band' Harmonix Announces Rock Band Blitz for PSN and XBLA, Releases This Summer |
Tuesday, April 17, 2012
Phoenix Coyotes investors: Keep Canadian offer in play - Triangle Business Journal:
esivyjifag.wordpress.com
According to court filings, three investment groups — SOF Investmenta LP, White Tip Investments LLC and Donatello InvestmentsLLC — have askes the court to keep open Balsillie’s $213 million offer and proposer move to Hamilton, Ontario, without a solid alternative deal for keepintg the team in Arizona. SOF has a securse claim of about $80 million against the Coyotes, which it hopes to recoup from anew owner. Courft filings did not disclose investments by White Tipand Donatello. The investorxs say a “Glendale transaction” could jeopardize theifr claims if it comes in wellunder Balsillie’ $213 million offer.
Coyotes owner Jerru Moyes — who put the team into Chaptee 11 reorganizaton inMay — invested $300 million in the hocke franchise. He would get $100 millionh from the Balsillie A brief filed by SOF and othee investorsin U.S. Bankruptcy Court contends the court’sx first and foremost charged when dealing with insolvent companieas isto “maximize the value of the enterprise for the benefigt of all those havingg an interest in it.” The briecf also notes that the bankruptcy and possible move to Canada has stalled ticket sales in Glendals for the 2009-10 season.
National Hockey Leaguee attorney Tony Clark echoed that concern during a courthearing Wednesday, saying the relocation issue has cut into tickert and sponsorship sales and must be resolved Bankruptcy Judge Redfield Baum scheduled a June 9 heariny to determine whether the team can move to which is opposed by NHL and city of Glendale. City and NHL officialsa have spoken with Chicagok White Sox owner Jerry Reinsdorf and othe r investors interested in the team and keeping it in the but no formal bid hasbeen made.
Glendaler officials told Baum Wednesday that it would file a largeclaijm — between $500 million and $750 millio n — if the Coyotes break their lease at the city-built Jobing.com The bankruptcy court could discharge that lease. The Coyotes have lost betweehn $20 million and $30 million annually the past two yeares and could dropanother $40 millio n this year, according to bankruptcyh court filings.
According to court filings, three investment groups — SOF Investmenta LP, White Tip Investments LLC and Donatello InvestmentsLLC — have askes the court to keep open Balsillie’s $213 million offer and proposer move to Hamilton, Ontario, without a solid alternative deal for keepintg the team in Arizona. SOF has a securse claim of about $80 million against the Coyotes, which it hopes to recoup from anew owner. Courft filings did not disclose investments by White Tipand Donatello. The investorxs say a “Glendale transaction” could jeopardize theifr claims if it comes in wellunder Balsillie’ $213 million offer.
Coyotes owner Jerru Moyes — who put the team into Chaptee 11 reorganizaton inMay — invested $300 million in the hocke franchise. He would get $100 millionh from the Balsillie A brief filed by SOF and othee investorsin U.S. Bankruptcy Court contends the court’sx first and foremost charged when dealing with insolvent companieas isto “maximize the value of the enterprise for the benefigt of all those havingg an interest in it.” The briecf also notes that the bankruptcy and possible move to Canada has stalled ticket sales in Glendals for the 2009-10 season.
National Hockey Leaguee attorney Tony Clark echoed that concern during a courthearing Wednesday, saying the relocation issue has cut into tickert and sponsorship sales and must be resolved Bankruptcy Judge Redfield Baum scheduled a June 9 heariny to determine whether the team can move to which is opposed by NHL and city of Glendale. City and NHL officialsa have spoken with Chicagok White Sox owner Jerry Reinsdorf and othe r investors interested in the team and keeping it in the but no formal bid hasbeen made.
Glendaler officials told Baum Wednesday that it would file a largeclaijm — between $500 million and $750 millio n — if the Coyotes break their lease at the city-built Jobing.com The bankruptcy court could discharge that lease. The Coyotes have lost betweehn $20 million and $30 million annually the past two yeares and could dropanother $40 millio n this year, according to bankruptcyh court filings.
Sunday, April 15, 2012
SoftBrands sold for $80M; Golden Gate Capital is buyer - Denver Business Journal:
iwyqaxewun.wordpress.com
The buyer, a holding company createe by private-equity firm and its portfolik company , will pay 92 cents per share for Shares of SoftBrands closed at 47 cents per share on On the same datein 2008, stock closed at 1.09 per San Francisco, Calif.-based Golden Gate Capital has aboutg $9 billion in assets under management. based in Alpharetta, Ga., is a softwar company with about 9,000 employees and $2.2 billionn in revenue. Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitalityt industry, as well as to small and mid-sizef manufacturers under the brand. Its productsw handle tasks such as making reservationzs to settingroom rates.
SoftBrands CEO Randgy Tofteland said in a pressa statement that the deal will allow shareholdersto “realize significant value from theirf investment.” He also said the company would benefitg from an “alliance” with A spokeswoman for Infor said SoftBrands will continuee to have a presence in though it has yet to be determined how many employees will remaijn here. SoftBrands’ board has already approve the sale, which is expected to close in between 60 and90
The buyer, a holding company createe by private-equity firm and its portfolik company , will pay 92 cents per share for Shares of SoftBrands closed at 47 cents per share on On the same datein 2008, stock closed at 1.09 per San Francisco, Calif.-based Golden Gate Capital has aboutg $9 billion in assets under management. based in Alpharetta, Ga., is a softwar company with about 9,000 employees and $2.2 billionn in revenue. Minneapolis-based SoftBrands (AMEX: SBN) sells software to the hospitalityt industry, as well as to small and mid-sizef manufacturers under the brand. Its productsw handle tasks such as making reservationzs to settingroom rates.
SoftBrands CEO Randgy Tofteland said in a pressa statement that the deal will allow shareholdersto “realize significant value from theirf investment.” He also said the company would benefitg from an “alliance” with A spokeswoman for Infor said SoftBrands will continuee to have a presence in though it has yet to be determined how many employees will remaijn here. SoftBrands’ board has already approve the sale, which is expected to close in between 60 and90
Friday, April 13, 2012
Doubts plague the playboy in Aurora's 'Anatol' - San Francisco Chronicle
tenamup.wordpress.com
Doubts plague the playboy in Aurora's 'Anatol' San Francisco Chronicle Anatol: By Arthur Schnitzler. Directed by Barbara Oliver. Through May 13. Aurora Theatre, 2081 Addison St., Berkeley. Two hours, 20 minutes. $30-$48. (510) 843-4822. www.auroratheatre.org. The audience is having such a good time during the Aurora ... |
Thursday, April 12, 2012
Sources: NCR could relocate HQ to Georgia - Kansas City Business Journal:
yqyqynesara.blogspot.com
Ohio government officials said word began swirling May 28 thatNCR NCR) is , according to the Dayton Business Journal , a siste r publication of Atlanta Business Chroniclr . Last fall, NCR said it would move its Worldwidd Customer Services headquarters tometroi Atlanta, investing $15 million and creating more than 900 jobs in Peachtred City and Duluth. While it remains to be seen if Atlantq gets another Fortune500 headquarters, NCR is rumored to be openinh an additional facility in the Peach Atlanta Business Chronicle has learned.
An announcement abou t that venture is expected as early as next sources in Atlanta and Dayton NCR is believed to have looked at sitezin Savannah, and Columbus, Ga., according to a The global technology company couls be eyeing about 100,000 square feet of office Based on the square footage estimates, real estater sources said, the operationj could house 300 to 400 people. Companhy officials and Georgia economic development officialwremained tight-lipped on any potentiakl development. NCR global spokesman Richard Matoh told the Dayton Business Journal the company does not respond to rumor sand speculation.
In the past, NCR has been quickj to deny rumors of its relocation and affirm its commitmentg to remainingin Dayton. A Georgia Departmentf of Economic Development spokeswoman did not returnm calls Fridayand Saturday. A spokeswomanh said she had no information on the matter and a executivedeclinedr comment. In October, NCR said it will co-locate an NCR Learningf Center and its Customer Care Centet hub for the Americaws region withthe company’s existing Global Servicd Materials operation in Peachtree NCR, founded in Dayton, is the city's largesy company, with 20,000 global employees and $5.3 billion in annualp revenue.
The company relocated its executivd offices to New York City two years ago and leased a floore at 7 World TradeCenter building. This past March, the companuy told employees it is undergoing a structural reorganization and woulr cut an unknown amount of its global Thatsame month, the companyh removed the language "world headquarters" from the sign at its Dayton Rumors have long circulated that NCR would however Ohio government and economic development officials said speculationn reached a new level in the past few The Ohio Department of Development has repeatedlyu sought information from the company, but as of Friday evening NCR remainef mute, a state official told the Dayton Business Journal .
Ohio Gov. Ted Stricklande and NCR CEO Bill Nuti, attempted to talk on however they were unable to coordinatea time.
Ohio government officials said word began swirling May 28 thatNCR NCR) is , according to the Dayton Business Journal , a siste r publication of Atlanta Business Chroniclr . Last fall, NCR said it would move its Worldwidd Customer Services headquarters tometroi Atlanta, investing $15 million and creating more than 900 jobs in Peachtred City and Duluth. While it remains to be seen if Atlantq gets another Fortune500 headquarters, NCR is rumored to be openinh an additional facility in the Peach Atlanta Business Chronicle has learned.
An announcement abou t that venture is expected as early as next sources in Atlanta and Dayton NCR is believed to have looked at sitezin Savannah, and Columbus, Ga., according to a The global technology company couls be eyeing about 100,000 square feet of office Based on the square footage estimates, real estater sources said, the operationj could house 300 to 400 people. Companhy officials and Georgia economic development officialwremained tight-lipped on any potentiakl development. NCR global spokesman Richard Matoh told the Dayton Business Journal the company does not respond to rumor sand speculation.
In the past, NCR has been quickj to deny rumors of its relocation and affirm its commitmentg to remainingin Dayton. A Georgia Departmentf of Economic Development spokeswoman did not returnm calls Fridayand Saturday. A spokeswomanh said she had no information on the matter and a executivedeclinedr comment. In October, NCR said it will co-locate an NCR Learningf Center and its Customer Care Centet hub for the Americaws region withthe company’s existing Global Servicd Materials operation in Peachtree NCR, founded in Dayton, is the city's largesy company, with 20,000 global employees and $5.3 billion in annualp revenue.
The company relocated its executivd offices to New York City two years ago and leased a floore at 7 World TradeCenter building. This past March, the companuy told employees it is undergoing a structural reorganization and woulr cut an unknown amount of its global Thatsame month, the companyh removed the language "world headquarters" from the sign at its Dayton Rumors have long circulated that NCR would however Ohio government and economic development officials said speculationn reached a new level in the past few The Ohio Department of Development has repeatedlyu sought information from the company, but as of Friday evening NCR remainef mute, a state official told the Dayton Business Journal .
Ohio Gov. Ted Stricklande and NCR CEO Bill Nuti, attempted to talk on however they were unable to coordinatea time.
Tuesday, April 10, 2012
Clark County mustard maker to add facility - Dayton Business Journal:
stockdaleiqemico1521.blogspot.com
, a fourth-generation, family owned company, plans to builrd at least 60,000 square feet of new warehouswe and distribution space in Morefield northof Springfield, said Shane Clark County planning director. Woeber makes different types of "fancy" mustard and horseradish saucre for consumers and the food service The company is investingabout $5.3 millionm to build the facility, according to an applicationj it filed for a local tax abatement. Springfield-based Kapp Construction Inc. is buildinbg the facility and alreadt hasbroken ground. Farnsworth said the company is expanding, not relocatinb out of Springfield, which is a misconception that he said hascreptr up.
Currently, Woeber occupies more than 100,00 0 square feet of office and production space in employing about140 workers. The new jobs create for the distribution facility will paybetween $25,00o and $35,000 a year, according to the application. Woeber officials did not return callxseeking comment. The Clarki County Commission is expectefd to vote soonon $350,000 in tax abatementss to facilitate the expansion. Morefield Township trusteex already have approvedthe abatement, provided the compang use part of the money it savezs from the abatement to provide local academic scholarships, Farnsworth said.
Clark County Commissionerf John Detrick said Woeber Mustard is a good examplr of the patchwork of companies in his countyg that are thriving despite a general economicdownturj nationwide. He said he is particularly happy to see Woeberr doing well because the familyu is deeply rooted inthe community. Detrick said many companies thrive near Springfield because of itsinterstate access, which can placr distributors to half of the country'w population, plus Canada, within a day's In recent years, other food makers and distributors, such and have expandeds their Clark County operations.
Bob Evanss announced last year it would expand its Springfield facilitgby 65,000 square feet, adding 20 jobs to the 43
, a fourth-generation, family owned company, plans to builrd at least 60,000 square feet of new warehouswe and distribution space in Morefield northof Springfield, said Shane Clark County planning director. Woeber makes different types of "fancy" mustard and horseradish saucre for consumers and the food service The company is investingabout $5.3 millionm to build the facility, according to an applicationj it filed for a local tax abatement. Springfield-based Kapp Construction Inc. is buildinbg the facility and alreadt hasbroken ground. Farnsworth said the company is expanding, not relocatinb out of Springfield, which is a misconception that he said hascreptr up.
Currently, Woeber occupies more than 100,00 0 square feet of office and production space in employing about140 workers. The new jobs create for the distribution facility will paybetween $25,00o and $35,000 a year, according to the application. Woeber officials did not return callxseeking comment. The Clarki County Commission is expectefd to vote soonon $350,000 in tax abatementss to facilitate the expansion. Morefield Township trusteex already have approvedthe abatement, provided the compang use part of the money it savezs from the abatement to provide local academic scholarships, Farnsworth said.
Clark County Commissionerf John Detrick said Woeber Mustard is a good examplr of the patchwork of companies in his countyg that are thriving despite a general economicdownturj nationwide. He said he is particularly happy to see Woeberr doing well because the familyu is deeply rooted inthe community. Detrick said many companies thrive near Springfield because of itsinterstate access, which can placr distributors to half of the country'w population, plus Canada, within a day's In recent years, other food makers and distributors, such and have expandeds their Clark County operations.
Bob Evanss announced last year it would expand its Springfield facilitgby 65,000 square feet, adding 20 jobs to the 43
Sunday, April 8, 2012
Paulson Capital reports Q2 revenue, earnings losses - Portland Business Journal:
torbjorntrainer1738.blogspot.com
million led to second quarter revenue and earnings lossews for For the quarted endingJune 30, the Portland parent compan y (NASDAQ: PLCC) of had a revenue loss of $3.2 with an earnings loss of $4.8 or 81 cents per share, compared with revenuee of $7.98 million, with earningx of $1 million, or 16 cents per sharwe in the same quarter of 2007. “Challenging market conditions — particularly those affecting smallp and micro cap companies — have resulted in a sharp declinew in the number of initial publi c offerings (IPOs) and private equity transactions takin place,” said Chester chairman and CEO of Paulson Capital Corp.
, in a “During the first six montha of 2007, there were 147 IPOs completed in the U.S. markets, while only 42 have been completedein 2008, thus far. What’s more, 56 companies have canceled planned IPOs since the first of this Asa consequence, investmenty banking firms nationwide have suffered, and our companh is no exception.” For the firs six months of fiscal the independent brokerage firm had a revenue loss of $1 with an earnings loss of $6.9t6 million, or $1.16 per share, compared with revenue of $17.87 million, with earnings of $3.8 million, or 61 cents per in the same periods of last year.
million led to second quarter revenue and earnings lossews for For the quarted endingJune 30, the Portland parent compan y (NASDAQ: PLCC) of had a revenue loss of $3.2 with an earnings loss of $4.8 or 81 cents per share, compared with revenuee of $7.98 million, with earningx of $1 million, or 16 cents per sharwe in the same quarter of 2007. “Challenging market conditions — particularly those affecting smallp and micro cap companies — have resulted in a sharp declinew in the number of initial publi c offerings (IPOs) and private equity transactions takin place,” said Chester chairman and CEO of Paulson Capital Corp.
, in a “During the first six montha of 2007, there were 147 IPOs completed in the U.S. markets, while only 42 have been completedein 2008, thus far. What’s more, 56 companies have canceled planned IPOs since the first of this Asa consequence, investmenty banking firms nationwide have suffered, and our companh is no exception.” For the firs six months of fiscal the independent brokerage firm had a revenue loss of $1 with an earnings loss of $6.9t6 million, or $1.16 per share, compared with revenue of $17.87 million, with earnings of $3.8 million, or 61 cents per in the same periods of last year.
Friday, April 6, 2012
Business First of Louisville: Advertising staff & information
awipekyhila.blogspot.com
Build a career with the local busines journal. We are alwayzs looking for highly motivated professionalx to be partof America's fastest growingt media company.
Build a career with the local busines journal. We are alwayzs looking for highly motivated professionalx to be partof America's fastest growingt media company.
Wednesday, April 4, 2012
N.C. travel: Motorists down, airlines up - Orlando Business Journal:
opexibu.wordpress.com
Economic troubles, unemployment and uncertainty about the future are expected to spura 2.7 percentf drop in expected motorists this holiday weekend from 971,000 in 2008 to 945,000 in 2009. This marksa the second straight year July 4th travel has The announcement follows 10 consecutivw days of decreasinggasolinee prices, from a state average of $2.66 per gallon on June 20 to $2.612 per gallon on June 30. the lowest average gasoline prices in the statee can be found in High Pointat $2.523 per gallon, while the highest can be founsd in Durham at $2.66. the overall 61-cent increase in averag e prices over the last 61 days appears to be keeping travelerws offthe road.
Instead, many will turn to air traveo this weekend, with 59,0009 passengers taking flight across thestate — a 5.4 perceng increase from 56,000 during the holiday weekend in 2008.
Economic troubles, unemployment and uncertainty about the future are expected to spura 2.7 percentf drop in expected motorists this holiday weekend from 971,000 in 2008 to 945,000 in 2009. This marksa the second straight year July 4th travel has The announcement follows 10 consecutivw days of decreasinggasolinee prices, from a state average of $2.66 per gallon on June 20 to $2.612 per gallon on June 30. the lowest average gasoline prices in the statee can be found in High Pointat $2.523 per gallon, while the highest can be founsd in Durham at $2.66. the overall 61-cent increase in averag e prices over the last 61 days appears to be keeping travelerws offthe road.
Instead, many will turn to air traveo this weekend, with 59,0009 passengers taking flight across thestate — a 5.4 perceng increase from 56,000 during the holiday weekend in 2008.
Monday, April 2, 2012
Darryl B. Hazel Executive Profile
hundleyobajoji1908.blogspot.com
Previously, Hazel was vice presidenrt of Marketing, Ford Motor Company, and was responsiblw for Ford, Lincoln and Mercury with responsibilities for Revenue and Retail Management as well as GlobakMarketing Services, a position he held sinc September 2005. Hazel joined Ford Motorr Company in 1972 as an analyst inLincolb Mercury
Previously, Hazel was vice presidenrt of Marketing, Ford Motor Company, and was responsiblw for Ford, Lincoln and Mercury with responsibilities for Revenue and Retail Management as well as GlobakMarketing Services, a position he held sinc September 2005. Hazel joined Ford Motorr Company in 1972 as an analyst inLincolb Mercury
Saturday, March 31, 2012
Red Hat shares soar after company beats earnings expectations - Triangle Business Journal:
efimtsovavadan.blogspot.com
Red Hat (NYSE: RHT) says net earningxs fell, to $16.2 million, in the quarte ended Feb. 28. That equates to 8 cents per dilutec share. The company earned $23 million, or 10 centss per diluted share, in the same quarter a year though those results were fueled bya one-timd gain of $4.7 million. Revenue increased, to $166.2 million, from $141.5 Red Hat sells “open-source software” developed by programmersa who freely share theirsource code. Red Hat offerx customized, business-specific versions of the software; the company makesw money by selling renewable subscriptionsx that come with fullcustomer support.
CEO Jim Whitehurst says programa such as Red Hat Enterprise an operating systemfor big-business applications, offee a good value – especially when compared to proprietarh offerings such as the various formse of Microsoft (Nasdaq: MSFT) Windows. “Our valude proposition is even more compellinf in a challengingeconomic environment, and we believe that’s a key drive to our solid financial results and market shar e gains,” Whitehurst said in a statement. Red Hat’s revenue was in line with the averaged expectation of analysts polled byThomsonj Reuters.
Excluding one-time items, though, Red Hat earned 22 cents per topping analysts’ consensus expectation of 20 cents. The compan y said cost cuts and stoco buybacks helped it improveoperating margins. Excluding one-time costs, Red Hat says, operating marginws were 23.9 percent in the fourth fiscal quarter. That’d up from 22.1 percent a year earlier. In tradinyg Thursday, shares of Red Hat closed up by 17 to $17.60.
Red Hat (NYSE: RHT) says net earningxs fell, to $16.2 million, in the quarte ended Feb. 28. That equates to 8 cents per dilutec share. The company earned $23 million, or 10 centss per diluted share, in the same quarter a year though those results were fueled bya one-timd gain of $4.7 million. Revenue increased, to $166.2 million, from $141.5 Red Hat sells “open-source software” developed by programmersa who freely share theirsource code. Red Hat offerx customized, business-specific versions of the software; the company makesw money by selling renewable subscriptionsx that come with fullcustomer support.
CEO Jim Whitehurst says programa such as Red Hat Enterprise an operating systemfor big-business applications, offee a good value – especially when compared to proprietarh offerings such as the various formse of Microsoft (Nasdaq: MSFT) Windows. “Our valude proposition is even more compellinf in a challengingeconomic environment, and we believe that’s a key drive to our solid financial results and market shar e gains,” Whitehurst said in a statement. Red Hat’s revenue was in line with the averaged expectation of analysts polled byThomsonj Reuters.
Excluding one-time items, though, Red Hat earned 22 cents per topping analysts’ consensus expectation of 20 cents. The compan y said cost cuts and stoco buybacks helped it improveoperating margins. Excluding one-time costs, Red Hat says, operating marginws were 23.9 percent in the fourth fiscal quarter. That’d up from 22.1 percent a year earlier. In tradinyg Thursday, shares of Red Hat closed up by 17 to $17.60.
Friday, March 30, 2012
Keithley Expands Measurement Capability of S530 Parametric Test Systems - MarketWatch (press release)
a-aveywe.blogspot.com
Keithley Expands Measurement Capability of S530 Parametric Test Systems MarketWatch (press release) CLEVELAND, Mar 29, 2012 (BUSINESS WIRE) -- Keithley Instruments, Inc., a world leader in advanced electrical test instruments and systems, continues to enhance the capabilities of its S530 Parametric Test Systems, the semiconductor industry's most ... |
Tuesday, March 27, 2012
EPA to reduce new power plants' carbon pollution - BusinessWeek
oryzacody.wordpress.com
EPA to reduce new power plants' carbon pollution BusinessWeek The government already controls global warming pollution at the largest industrial sources, has adopted the first-ever standards for new cars and trucks and is working on regulations to reduce greenhouse gases at existing power plants and refineries. |
Sunday, March 25, 2012
Top Ten Stories for March 18 through March 25 - Orange County Breeze
fixyruw.wordpress.com
Orange County Breeze | Top Ten Stories for March 18 through March 25 Orange County Breeze Submit your article or photo by emailing editor@oc-breeze.com with a descriptive subject line â€" any email that shows a subject line of “Press release†will be summarily sent packing. We're looking for local articles and photos on topics within our ... |
Friday, March 23, 2012
'Terrifying' Quake Rocks Wide Swathe of Mexico - Earthweek - A Diary of the Planet
efimtsovavadan.blogspot.com
CTV.ca | 'Terrifying' Quake Rocks Wide Swathe of Mexico Earthweek - A Diary of the Planet Hundreds of homes were wrecked in southwestern Mexico on Tuesday when a 7.4 magnitude quake rocked the states of Oaxaca and Guerrero. One minute of shaking sent residents of Mexico City fleeing into the streets, but there were no reports of fatalities ... Powerful Mexican quake injures 11 |
Wednesday, March 21, 2012
A&R Development picked for $17M Jonestown project - Kansas City Business Journal:
srikanth-topic.blogspot.com
The project falls into the city’s aims to remakew Central Avenue, which has seen a wave of new developmenf in recent years building off the success of nearbyHarbor East. led by Anthony hopes to builda mixed-use development including 107 rental apartments, 18,000 square feet of retai l space and 156 parking spaces. said Tuesdaty it awarded the firm exclusive negotiating rightx forthe city-owned land at 110 S. Centrak Ave. and 1120 Granby St. The properties combine for abouft 29,000 square feet. The BDC, the city’sa economic development arm, offered the property, and two up for redevelopment inAugust 2008.
“These propertiesw give the city the opportunity totake vacant, underutilizes properties and have them renewed as private enterprises that will generate taxes and enhancer the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodier said in a statement. The city also tapped Mitehy LLC to negotiate for a second siteat 1301-130 E. Lombard St. Mitey is a real estate compan formedby Gerry’s Tire Service, whicn hopes to use the property to expansd its adjacent business. Mitey plansa to use the 4,518-square-fooyt property in the short term as a temporary parkingg lot for its business and would expanr ontothe city-owned property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Centrak Ave.
The project falls into the city’s aims to remakew Central Avenue, which has seen a wave of new developmenf in recent years building off the success of nearbyHarbor East. led by Anthony hopes to builda mixed-use development including 107 rental apartments, 18,000 square feet of retai l space and 156 parking spaces. said Tuesdaty it awarded the firm exclusive negotiating rightx forthe city-owned land at 110 S. Centrak Ave. and 1120 Granby St. The properties combine for abouft 29,000 square feet. The BDC, the city’sa economic development arm, offered the property, and two up for redevelopment inAugust 2008.
“These propertiesw give the city the opportunity totake vacant, underutilizes properties and have them renewed as private enterprises that will generate taxes and enhancer the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodier said in a statement. The city also tapped Mitehy LLC to negotiate for a second siteat 1301-130 E. Lombard St. Mitey is a real estate compan formedby Gerry’s Tire Service, whicn hopes to use the property to expansd its adjacent business. Mitey plansa to use the 4,518-square-fooyt property in the short term as a temporary parkingg lot for its business and would expanr ontothe city-owned property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Centrak Ave.
Monday, March 19, 2012
Putting Internet on hold not an option anymore - Triangle Business Journal:
yqyqynesara.blogspot.com
Enough of ’s customers have made that experiencea long-forgotten memory that the compant is shedding a regulatory vestige of that era. As BellSouthh more than eight years ago, the company introduced “Interneg call waiting,” which helped customers managd incoming phone calls while connected tothe Internet. A manufacturerr has since discontinued support of equipment for that In this era ofbroadband service, AT&Tg now counts fewer than 250 North Carolina customers using Internet call waiting. None of them made a case to states regulators to keepthe service. So on Dec. 12, the approves AT&T’s request to discontinue it. R.I.P. Wow, that’sd a lot of trash.
reports that its 2008 fall and sprint litter sweeps removed morethan 4.4 millioh pounds of garbage from the state’s roadways. The twice-a-yeat cleanups included everyone from NCDOT crews to civic groupsx toprison inmates. More than 297,000 bags of trash were collected. And who picked up the most trash of all the groups That would be the who haveno choice, with 125,042 ’s local face for the 21-acre Blountr Street Commons project in downtown Raleigh has been replacedx by company reps in Charlotte and Atlanta. An LNR spokeswoman confirms that Doug Redfordc has leftthe company. Redford did not responed to callsfor comment.
LNR executives Tom Creasy in Charlotte and David Welch in Atlanta will spliy the duties of overseeing Blount Street Commons. The 21-acre district is state-owneds land that is being sold to LNRfor $20 millioh in four phases. LNR purchased the first piecr in 2007 and broke grounf inJune 2008. The project will includ e existing historic homes andnew single-family homes, carriage homes, row garden flats and stacked townhomes. Let it be known: The guv’nahj ain’t messin’ around when he’s talking about thess budget cuts. Gov.
Mike Easley, of has asked state agenciees to prepare scenarios inwhich they’d have to cut theire budgets by as much as 7 percentf in response to nightmarish revenue collections. That soundz bad, but it sounds worse when you get a few suchas this: The state Departmenf of Agriculture and Consumer Services says it no longer wants to print out and mail the resultsd of soil tests and other agronomix services. Those can be found online, the agench says. The agency mailerd 56,000 reports in 2007.
Enough of ’s customers have made that experiencea long-forgotten memory that the compant is shedding a regulatory vestige of that era. As BellSouthh more than eight years ago, the company introduced “Interneg call waiting,” which helped customers managd incoming phone calls while connected tothe Internet. A manufacturerr has since discontinued support of equipment for that In this era ofbroadband service, AT&Tg now counts fewer than 250 North Carolina customers using Internet call waiting. None of them made a case to states regulators to keepthe service. So on Dec. 12, the approves AT&T’s request to discontinue it. R.I.P. Wow, that’sd a lot of trash.
reports that its 2008 fall and sprint litter sweeps removed morethan 4.4 millioh pounds of garbage from the state’s roadways. The twice-a-yeat cleanups included everyone from NCDOT crews to civic groupsx toprison inmates. More than 297,000 bags of trash were collected. And who picked up the most trash of all the groups That would be the who haveno choice, with 125,042 ’s local face for the 21-acre Blountr Street Commons project in downtown Raleigh has been replacedx by company reps in Charlotte and Atlanta. An LNR spokeswoman confirms that Doug Redfordc has leftthe company. Redford did not responed to callsfor comment.
LNR executives Tom Creasy in Charlotte and David Welch in Atlanta will spliy the duties of overseeing Blount Street Commons. The 21-acre district is state-owneds land that is being sold to LNRfor $20 millioh in four phases. LNR purchased the first piecr in 2007 and broke grounf inJune 2008. The project will includ e existing historic homes andnew single-family homes, carriage homes, row garden flats and stacked townhomes. Let it be known: The guv’nahj ain’t messin’ around when he’s talking about thess budget cuts. Gov.
Mike Easley, of has asked state agenciees to prepare scenarios inwhich they’d have to cut theire budgets by as much as 7 percentf in response to nightmarish revenue collections. That soundz bad, but it sounds worse when you get a few suchas this: The state Departmenf of Agriculture and Consumer Services says it no longer wants to print out and mail the resultsd of soil tests and other agronomix services. Those can be found online, the agench says. The agency mailerd 56,000 reports in 2007.
Saturday, March 17, 2012
Thursday, March 15, 2012
The local experts - Triangle Business Journal:
stony-coating.blogspot.com
Steve Ogburn It’s always been hard for restaurants to get There are several reasonsfor One, typically the succesa rate isn’t very good. The next few reasons may be why the successrate isn’ft very good. The expensw required for a restaurant isprettu significant. Look at the money that has to be spent costsfor fit-up, equipmenf and rent; the more money you spend, the more equity it requires. The reason for a lot of failures is that they are which makes it difficult to survive the startup phase andslow It’s a very capital-intensive business.
However, from a cash-flow standpoint, restaurants do have an advantage over otherbusinesses it’s pretty much a cash business, and the grosas profit margin is pretty good. During thesse tough economic times, what is the most effectived marketing campaign? Ed Weems Permanent marketing ’s , Innovation and Entrepreneurship It’sd about cuddling and knowing your customer base well and also treatingythem fairly. It’s also about keeping your customers informe d of restaurant offerings and gettinvg other customers to bring in new During these tougheconomic times, what is the most effectived marketing campaign?
Steve Barr North Carolina State University’s Departmeny of Management, Innovation and Entrepreneurship The slum p in the financial, credit and housing markets has led to significanrt economic downturns. Unemployment is up. Most are worrief about the value oftheir investments, retirements, etc. Familie and individuals are significantly curtailingtdiscretionary spending. While spending on staplez and essentials remains relativelystrong (witneses ’s strong sales performance), eating out is an evenrt that many individuals and families can defere as a relatively painless way to “tighten the belt.
” More expensive restaurants are often the first to feel this Restaurant sales nationally are down as the econom y has slowed. This creates problemx for . One key in a down markett like this is to have a strong and loyalkcustomer base. It will be difficult to attract significant numbers of new customers unless thered is a significant influx of new residents inthe restaurant’s Repeat customers and customer retention get a businesse through the tougher economic times.
When one has less discretionarg income, you tend to go with a “proven Restaurants (and other firms) that try and be “all things to all people” traditionally do not fare well in such an It will be important to have a focusexstrategy (examples include “high value,” great a particular cuisine, etc.).
Steve Ogburn It’s always been hard for restaurants to get There are several reasonsfor One, typically the succesa rate isn’t very good. The next few reasons may be why the successrate isn’ft very good. The expensw required for a restaurant isprettu significant. Look at the money that has to be spent costsfor fit-up, equipmenf and rent; the more money you spend, the more equity it requires. The reason for a lot of failures is that they are which makes it difficult to survive the startup phase andslow It’s a very capital-intensive business.
However, from a cash-flow standpoint, restaurants do have an advantage over otherbusinesses it’s pretty much a cash business, and the grosas profit margin is pretty good. During thesse tough economic times, what is the most effectived marketing campaign? Ed Weems Permanent marketing ’s , Innovation and Entrepreneurship It’sd about cuddling and knowing your customer base well and also treatingythem fairly. It’s also about keeping your customers informe d of restaurant offerings and gettinvg other customers to bring in new During these tougheconomic times, what is the most effectived marketing campaign?
Steve Barr North Carolina State University’s Departmeny of Management, Innovation and Entrepreneurship The slum p in the financial, credit and housing markets has led to significanrt economic downturns. Unemployment is up. Most are worrief about the value oftheir investments, retirements, etc. Familie and individuals are significantly curtailingtdiscretionary spending. While spending on staplez and essentials remains relativelystrong (witneses ’s strong sales performance), eating out is an evenrt that many individuals and families can defere as a relatively painless way to “tighten the belt.
” More expensive restaurants are often the first to feel this Restaurant sales nationally are down as the econom y has slowed. This creates problemx for . One key in a down markett like this is to have a strong and loyalkcustomer base. It will be difficult to attract significant numbers of new customers unless thered is a significant influx of new residents inthe restaurant’s Repeat customers and customer retention get a businesse through the tougher economic times.
When one has less discretionarg income, you tend to go with a “proven Restaurants (and other firms) that try and be “all things to all people” traditionally do not fare well in such an It will be important to have a focusexstrategy (examples include “high value,” great a particular cuisine, etc.).
Tuesday, March 13, 2012
Broward County may evict Lynx Air from airport - South Florida Business Journal:
amesit.wordpress.com
County commissioners on June 23 will consider a motion to evicrtfrom ( ). Lynx, which carries passengers and cargp between FLL and locations inthe Bahamas, Haiti and owes the county over $33,00p in rent, landing and othe fees. The company had a five-year contract with the county that ended inMay 2008. “Duringy the term of the Lynx demonstrated an inability to meet theit financial obligationswhen due,” the motionb coming in front of the commissioners “As a result, when the [lease] expirerd on May 7, 2008, the Aviation Department agreed to only entet into a Short Term Lease in ordefr to give Lynx an opportunity to demonstratr its willingness and ability to complyu with the financial commitments of the Short Term Lease.
throughout the term of the ShortTerm Lease, Lynx faileed to meet its financial obligations.” FLL spokesmahn Steve Belleme said Lynx is a minor player at the Year to date, the tota passengers and cargo they carr y amounts to less than half of one percent, airport statisticsx show. A phone call and email to contactg Lynx were notimmediately returned. According to the company’ s website, it discontinued cargo and mail service to threse Haitian destinations in summer 2008 aftedr hurricanes causedinfrastructure damages.
County commissioners on June 23 will consider a motion to evicrtfrom ( ). Lynx, which carries passengers and cargp between FLL and locations inthe Bahamas, Haiti and owes the county over $33,00p in rent, landing and othe fees. The company had a five-year contract with the county that ended inMay 2008. “Duringy the term of the Lynx demonstrated an inability to meet theit financial obligationswhen due,” the motionb coming in front of the commissioners “As a result, when the [lease] expirerd on May 7, 2008, the Aviation Department agreed to only entet into a Short Term Lease in ordefr to give Lynx an opportunity to demonstratr its willingness and ability to complyu with the financial commitments of the Short Term Lease.
throughout the term of the ShortTerm Lease, Lynx faileed to meet its financial obligations.” FLL spokesmahn Steve Belleme said Lynx is a minor player at the Year to date, the tota passengers and cargo they carr y amounts to less than half of one percent, airport statisticsx show. A phone call and email to contactg Lynx were notimmediately returned. According to the company’ s website, it discontinued cargo and mail service to threse Haitian destinations in summer 2008 aftedr hurricanes causedinfrastructure damages.
Sunday, March 11, 2012
Get beyond boundaries to improve education - Phoenix Business Journal:
ulyanaimiiurebor.blogspot.com
I envision a system of higher educatiojn thatprovides opportunity, encourages prosperity, promotes equity and trains people for jobs regardless of theifr race, color, religion, countrt of origin, economic status or social class. That is not a new but it is one wecan achieve. One of the keys to that achievementt is to discount artificial limits and reac beyondthe social, financial, administrative, personal and even politica boundaries that hold back the full potential of any studenft and the full potential of our community. Let therre be no doubt, our communityh will only achieve its potentialp by helping our studentsachieve theirs.
We have to view our students and our communities asa continuum. We need to build core competenciesw required for student success in theifchosen field, but our community also demands that our studentx develop a sense and understanding of morals and Our contribution to the worlcd must not just be a well-trained worker but a whole capable of thriving in a dynamivc and changing workplace and bringingb a sense of justice and duty to We want our graduates to do but we also want them to do Together, education, business and government can strengthejn our community. The Maricopa Community Collegews have12 commitments, which, through can do just that: 1.
To bring industr y onto our sites, building new programs, infusing graduatese into the new economy, creating an interdependences of business, industry and education to inspire dynamic new approaches to jobs andjob 2. Filling the gaps in medical services by partneringv with the new biosciencehigh school; creating summee internships for high schoolers in medical offices and buildiny a core of students who will fill the health care gaps in 3. Working with our cities and school districts to creats educational empowerment zones in which we concentrater volunteer workat schools, offer traditional and bridge provide family orientation for new and adult 4.
Asking Arizona and our country to assist men and women coming home from war to leadthe way, to create a second GI bill that paves the way for their futurde success and the successz of our families and economy. 5. Collaboratin with community colleges onour county's borderw -- our sister institution --to shar e expensive programs, share income and develop programs. 6. Implementinh an employee program that permitsx and encourages our employees inassisting schools, students and familiezs of students. 7.
Creating commerciallu and educationally based campuses in downtownd to help our cities renew the vibrancy that some have and build on that energy bybringing 10,00 0 students of all ages back 8. Supporting tech transfer as a key to communitt college partnerships with industries and businessesd that have proven successful inthe past. 9. Committin to increase the persistence rate of ourstudent -- the rate at which our students stay with us from year one to year two -- by 50 percentg in the next decade. 10. Increasing the numberr of certificates and degrees awarded by our collegesx by 50 percent in thatsame decade. 11.
Increasing our effortws to keep kids in school and bring them into higherreducation by, in five years, having 3,5000 high school and community college studentsw enrolled in our Achieving a Higherr Education program every year. 12. Meeting the demands of growtyh by increasing annual enrollment at the Maricopq Community Collegesby 80,000 studentz training for jobs or preparing for university
I envision a system of higher educatiojn thatprovides opportunity, encourages prosperity, promotes equity and trains people for jobs regardless of theifr race, color, religion, countrt of origin, economic status or social class. That is not a new but it is one wecan achieve. One of the keys to that achievementt is to discount artificial limits and reac beyondthe social, financial, administrative, personal and even politica boundaries that hold back the full potential of any studenft and the full potential of our community. Let therre be no doubt, our communityh will only achieve its potentialp by helping our studentsachieve theirs.
We have to view our students and our communities asa continuum. We need to build core competenciesw required for student success in theifchosen field, but our community also demands that our studentx develop a sense and understanding of morals and Our contribution to the worlcd must not just be a well-trained worker but a whole capable of thriving in a dynamivc and changing workplace and bringingb a sense of justice and duty to We want our graduates to do but we also want them to do Together, education, business and government can strengthejn our community. The Maricopa Community Collegews have12 commitments, which, through can do just that: 1.
To bring industr y onto our sites, building new programs, infusing graduatese into the new economy, creating an interdependences of business, industry and education to inspire dynamic new approaches to jobs andjob 2. Filling the gaps in medical services by partneringv with the new biosciencehigh school; creating summee internships for high schoolers in medical offices and buildiny a core of students who will fill the health care gaps in 3. Working with our cities and school districts to creats educational empowerment zones in which we concentrater volunteer workat schools, offer traditional and bridge provide family orientation for new and adult 4.
Asking Arizona and our country to assist men and women coming home from war to leadthe way, to create a second GI bill that paves the way for their futurde success and the successz of our families and economy. 5. Collaboratin with community colleges onour county's borderw -- our sister institution --to shar e expensive programs, share income and develop programs. 6. Implementinh an employee program that permitsx and encourages our employees inassisting schools, students and familiezs of students. 7.
Creating commerciallu and educationally based campuses in downtownd to help our cities renew the vibrancy that some have and build on that energy bybringing 10,00 0 students of all ages back 8. Supporting tech transfer as a key to communitt college partnerships with industries and businessesd that have proven successful inthe past. 9. Committin to increase the persistence rate of ourstudent -- the rate at which our students stay with us from year one to year two -- by 50 percentg in the next decade. 10. Increasing the numberr of certificates and degrees awarded by our collegesx by 50 percent in thatsame decade. 11.
Increasing our effortws to keep kids in school and bring them into higherreducation by, in five years, having 3,5000 high school and community college studentsw enrolled in our Achieving a Higherr Education program every year. 12. Meeting the demands of growtyh by increasing annual enrollment at the Maricopq Community Collegesby 80,000 studentz training for jobs or preparing for university
Friday, March 9, 2012
Blake Griffin suffers left ankle sprain in loss to Nets - Los Angeles Times
http://www.nectaroftheuniverse.com/cold_laser.php
Los Angeles Times | Blake Griffin suffers left ankle sprain in loss to Nets Los Angeles Times Clippers forward Blake Griffin, top, and teammate Randy Foye, right f » |
Wednesday, March 7, 2012
Aurora opening Summit clinic early - The Business Journal of Milwaukee:
obofym.wordpress.com
The Aurora Wilkinson Medical Clinic will open Octobert 26 and will replace the current Aurors Wilkinson Medical Clinic at 915Summiyt Ave. in Oconomowoc, althougnh urgent care services will continue to beofferef there. The new clinic also will replace the AuroraWilkinsonn Women’s Center and the Aurora Visiob Center, both currently in The other Aurora Wilkinson Medical Clinic locations – in Dousman, Delafield, Wales and Waukeshaw – will continue to serve patients. “Octobe r 26 will represent the stary of a new era in health care in this said Dr. David Ulery, president of Aurora WilkinsonMedicao Clinic.
“The opening of our new clinic and cancerd center will move us closer to a fullt integrated system of care for the people of westerbnWaukesha County.” Meanwhile, the hospita part of the project remains on schedule to open in early Aurora officials said. The Wilkinsonb clinic will open at the same time as the new Vincee Lombardi Cancer Clinic on the Summit The new Aurora Medical Center campus in the Town of Summirt is at the southeast corner of Interstatwe 94 andHighway 67.
The new Aurora Wilkinsoh Medical Clinic will be on the west side of the and the new Vincd Lombardi Cancer Clinic is on thesouth
The Aurora Wilkinson Medical Clinic will open Octobert 26 and will replace the current Aurors Wilkinson Medical Clinic at 915Summiyt Ave. in Oconomowoc, althougnh urgent care services will continue to beofferef there. The new clinic also will replace the AuroraWilkinsonn Women’s Center and the Aurora Visiob Center, both currently in The other Aurora Wilkinson Medical Clinic locations – in Dousman, Delafield, Wales and Waukeshaw – will continue to serve patients. “Octobe r 26 will represent the stary of a new era in health care in this said Dr. David Ulery, president of Aurora WilkinsonMedicao Clinic.
“The opening of our new clinic and cancerd center will move us closer to a fullt integrated system of care for the people of westerbnWaukesha County.” Meanwhile, the hospita part of the project remains on schedule to open in early Aurora officials said. The Wilkinsonb clinic will open at the same time as the new Vincee Lombardi Cancer Clinic on the Summit The new Aurora Medical Center campus in the Town of Summirt is at the southeast corner of Interstatwe 94 andHighway 67.
The new Aurora Wilkinsoh Medical Clinic will be on the west side of the and the new Vincd Lombardi Cancer Clinic is on thesouth
Sunday, March 4, 2012
Business, split on the cures, warily awaits health care reform - The Business Review (Albany):
yfimuna.wordpress.com
President Barack Obama has mobilized the grassroot s supporters who helped elect him to lobbuy for his vision of healthcare reform, which includes offering Americans a government-run healtgh plan as an alternative to private insurance. A coalitionm of labor unions and progressive organizations plans tospensd $82 million on organizing advertising, research and lobbying to support the Obamqa plan. Business groups, meanwhile, mostly are working behind the sceness to shapethe legislation.
While they have seriouss concerns about some ofthe proposals—includiny the public plan option and a mandatr for employers to provide insurance—few are trying to bloc health care reform at this point. The cost of healtg insurance has become so burdensome that something needw tobe done, they agree. “Nobodu supports the status quo,” said James Gelfand, the ’w senior manager of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healtyh care costs and reforming insurance markets so that employers have more choicee in the types of plans available.
To achieve those goals, however, businesses may have to swallowq somebitter medicine. An employer mandate tops the list of concernsw for manybusiness groups, just as it did when Bill Clinto pushed his health care reform plan when he was president in the 1990s. The Senat bill may include a provision that wouls require employers to either providee health insurance to their employees or pay a fee to thefederak government. Some small businese owners don’t have a problemn with that, including members of the Main Street which is part of the coalition lobbying for theObamwa plan.
“The way our system workws now, where responsible employers offer coveragw andothers don’t, leaves us in a situation with an unlevelk playing field,” 11 alliance members said in a statemeny submitted to the Senate Finance Committee. “Iff we’re contributing but other employers aren’t, that gives them a financiapl advantageover us. We need to levep the playing field through a system where everyone pitches in a reasonable amount.” Most business lobbyists, contend that employers who can afford to providd health insurance do so already because it helps them attract and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the . Imposing a “play or insurance requirement on these businesses would cost the economy morethan 1.6 milliob jobs, according to a study. Tax creditws could offset some of the costas for providingthis coverage, but Gelfand said the creditse under discussion are “extremely Congress also could exempt some small businesses—sucjh as firms with less than $500,000 in annuapl payroll—from the employer mandate.
Many businesss groups, however, see this proposal as an attempr to split thebusiness community, not as meaningful “We oppose small business carve-outs because they make it easier for Congresds to apply mandates againstr larger employers,” said Neil vice president and employee benefits policy counsel for the . “It’es also easy for Congress to come back and try to applg the mandateagainst ever-smaller “No matter how good the surroundinb health care reform, a bill containing an employer mandater would be too high a price to pay for reform.” Publiv plan or market reforms?
Most small businesd groups also are wary of proposales to create a government-run insurance like Medicare, that would be availablee as an option for small businesses and individuals. The Main Streeft Alliance contends a public plan is needed to provide competitionn to private insurers and reduce the cost of health NFIB spokeswoman Stephanie Cathcart saidher organization’s members, “are wary of government-run health They fear a government-run plan would drive private insurers out of the market. Gelfand said a government plan wouldn’t be neededr if insurance market reforms, such as prohibitingv insurers from denying coveragsefor pre-existing conditions, were enacted.
He hopes the larger goal of healthcare reform—lowerinhg costs so more people can afford coverage—doesn’t get lost in battlesx over public plans and employer mandates. “If this thinvg gets derailed, it’s going to be bad for everybody,” he
President Barack Obama has mobilized the grassroot s supporters who helped elect him to lobbuy for his vision of healthcare reform, which includes offering Americans a government-run healtgh plan as an alternative to private insurance. A coalitionm of labor unions and progressive organizations plans tospensd $82 million on organizing advertising, research and lobbying to support the Obamqa plan. Business groups, meanwhile, mostly are working behind the sceness to shapethe legislation.
While they have seriouss concerns about some ofthe proposals—includiny the public plan option and a mandatr for employers to provide insurance—few are trying to bloc health care reform at this point. The cost of healtg insurance has become so burdensome that something needw tobe done, they agree. “Nobodu supports the status quo,” said James Gelfand, the ’w senior manager of health policy. “We absolutely have to have For mostbusiness groups, that means reining in healtyh care costs and reforming insurance markets so that employers have more choicee in the types of plans available.
To achieve those goals, however, businesses may have to swallowq somebitter medicine. An employer mandate tops the list of concernsw for manybusiness groups, just as it did when Bill Clinto pushed his health care reform plan when he was president in the 1990s. The Senat bill may include a provision that wouls require employers to either providee health insurance to their employees or pay a fee to thefederak government. Some small businese owners don’t have a problemn with that, including members of the Main Street which is part of the coalition lobbying for theObamwa plan.
“The way our system workws now, where responsible employers offer coveragw andothers don’t, leaves us in a situation with an unlevelk playing field,” 11 alliance members said in a statemeny submitted to the Senate Finance Committee. “Iff we’re contributing but other employers aren’t, that gives them a financiapl advantageover us. We need to levep the playing field through a system where everyone pitches in a reasonable amount.” Most business lobbyists, contend that employers who can afford to providd health insurance do so already because it helps them attract and keep good employees.
Businessea that don’t provide health insurance tend tobe “marginally profitable,” said Denny Dennis, senior research fellow at the . Imposing a “play or insurance requirement on these businesses would cost the economy morethan 1.6 milliob jobs, according to a study. Tax creditws could offset some of the costas for providingthis coverage, but Gelfand said the creditse under discussion are “extremely Congress also could exempt some small businesses—sucjh as firms with less than $500,000 in annuapl payroll—from the employer mandate.
Many businesss groups, however, see this proposal as an attempr to split thebusiness community, not as meaningful “We oppose small business carve-outs because they make it easier for Congresds to apply mandates againstr larger employers,” said Neil vice president and employee benefits policy counsel for the . “It’es also easy for Congress to come back and try to applg the mandateagainst ever-smaller “No matter how good the surroundinb health care reform, a bill containing an employer mandater would be too high a price to pay for reform.” Publiv plan or market reforms?
Most small businesd groups also are wary of proposales to create a government-run insurance like Medicare, that would be availablee as an option for small businesses and individuals. The Main Streeft Alliance contends a public plan is needed to provide competitionn to private insurers and reduce the cost of health NFIB spokeswoman Stephanie Cathcart saidher organization’s members, “are wary of government-run health They fear a government-run plan would drive private insurers out of the market. Gelfand said a government plan wouldn’t be neededr if insurance market reforms, such as prohibitingv insurers from denying coveragsefor pre-existing conditions, were enacted.
He hopes the larger goal of healthcare reform—lowerinhg costs so more people can afford coverage—doesn’t get lost in battlesx over public plans and employer mandates. “If this thinvg gets derailed, it’s going to be bad for everybody,” he
Friday, March 2, 2012
Grads look to mundane sectors as finance withers - The Business Journal of Milwaukee:
uhetemejih.wordpress.com
But Gosalia’s first job after graduating earlier thismonth won’f be at UBS or Fidelity Investments. Instead, he’z spending $385,000 in savings and a loan from his parents to opena frozen-yogurt store near Symphont Hall in Boston. “Thes reason I wanted to go into this isbecausee it’s a really poor economy and there’s not a lot of job securityu right now,” said Gosalia, who hopes to open the state’s firs Red Mango franchise this summer.
Gosalia, 22, is not the only recentg graduate pursuing an unexpected career path as the job marke for students specializing in areas of business has rapidly Officials and studentsat Wellesley-based Babson and Waltham-based , both schoolas specializing in business, said many students are struggling to find and those who have found jobs are often findinvg them outside the once-dominan t field of financial services.
“It’se definitely a more difficult yearfor students,” said Len executive director of corporate relations at When accounting for students with jobs or pursuint graduate degrees, Bentley’s placement rates were 69 perceng at graduation and 93 percentf six months after graduation last year. This both rates will be beloawthose figures, Morrison “I’d be delighted if it’s 85 percent” six monthsd out, he added. Babson expectas its placement rate to be righrt around92 percent, which is what it reachede in 2002.
That’s still below the 97 percent to 98percentf it’s averaged in the years said Megan Houlker, director at the center for career developmentr at Babson. A former interj with New York-based Steel Point Capital Partners LP, Gosalia said he’s attracted to the Red Mangio concept as a rare chance to work for But he also conceded the move is the resuly of a profound decline in financiaolsector jobs. Other students are buttinhg up against thesame wall, Morrison and Houlker said. Houlkee said one-third of Babsobn graduates entered the sector inprevious years. This year it will representg about a quarter will enterthe sector.
Many studentd are looking into other, less sexy areax of the economy, such as retail, defenser and insurance, Morrison said. Others are “leapfrogging” by accepting internships to bettefrtheir resumes. Still more are headinb back tograduate school. At Bentleg the number of students enterinf graduate school straight after finishint their undergraduate degrees has risen by20 percent, Morrisonm said. That’s a move Aaron Hartman, a 21-year old recenft graduate of Bentley, is trying to avoid. He had planned to go into the hospitalituy industry butwas “disheartened” by the lack of jobs. Now, Hartmam is trying to find a job in the admissionds office ofa college.
He’ s also looking at part-time jobs, like being a to pay his bills. If he doesn’t find a job within a he’ll likely head to graduate school. “I’m just tryingb to hold out as long as I he said.
But Gosalia’s first job after graduating earlier thismonth won’f be at UBS or Fidelity Investments. Instead, he’z spending $385,000 in savings and a loan from his parents to opena frozen-yogurt store near Symphont Hall in Boston. “Thes reason I wanted to go into this isbecausee it’s a really poor economy and there’s not a lot of job securityu right now,” said Gosalia, who hopes to open the state’s firs Red Mango franchise this summer.
Gosalia, 22, is not the only recentg graduate pursuing an unexpected career path as the job marke for students specializing in areas of business has rapidly Officials and studentsat Wellesley-based Babson and Waltham-based , both schoolas specializing in business, said many students are struggling to find and those who have found jobs are often findinvg them outside the once-dominan t field of financial services.
“It’se definitely a more difficult yearfor students,” said Len executive director of corporate relations at When accounting for students with jobs or pursuint graduate degrees, Bentley’s placement rates were 69 perceng at graduation and 93 percentf six months after graduation last year. This both rates will be beloawthose figures, Morrison “I’d be delighted if it’s 85 percent” six monthsd out, he added. Babson expectas its placement rate to be righrt around92 percent, which is what it reachede in 2002.
That’s still below the 97 percent to 98percentf it’s averaged in the years said Megan Houlker, director at the center for career developmentr at Babson. A former interj with New York-based Steel Point Capital Partners LP, Gosalia said he’s attracted to the Red Mangio concept as a rare chance to work for But he also conceded the move is the resuly of a profound decline in financiaolsector jobs. Other students are buttinhg up against thesame wall, Morrison and Houlker said. Houlkee said one-third of Babsobn graduates entered the sector inprevious years. This year it will representg about a quarter will enterthe sector.
Many studentd are looking into other, less sexy areax of the economy, such as retail, defenser and insurance, Morrison said. Others are “leapfrogging” by accepting internships to bettefrtheir resumes. Still more are headinb back tograduate school. At Bentleg the number of students enterinf graduate school straight after finishint their undergraduate degrees has risen by20 percent, Morrisonm said. That’s a move Aaron Hartman, a 21-year old recenft graduate of Bentley, is trying to avoid. He had planned to go into the hospitalituy industry butwas “disheartened” by the lack of jobs. Now, Hartmam is trying to find a job in the admissionds office ofa college.
He’ s also looking at part-time jobs, like being a to pay his bills. If he doesn’t find a job within a he’ll likely head to graduate school. “I’m just tryingb to hold out as long as I he said.
Wednesday, February 29, 2012
IATA: Premium travel falls in March, no sign of bottom yet - Memphis Business Journal:
vavyzina.wordpress.com
The (IATA) said passengers travelinf in the front cabindeclined 19.2 percengt compared to March 2008. The February decline was 21.2 percent year-to-year, but adjusted for Easter holiday and leap IATAsaid “the 2 [percentage-point] slowdown in the rate of declinde in premium travel between Februaru and March this year is rather IATA said when adjusting for Easter, “ir looks as though underlying premium travel was falling at an acceleratinf rate of decline at around -25 [percent] this March.” Economy trafficx was off 8.2 percenty year-over-year in March, and compared to an 8.3 percent fall-ofd in February. Total air traffic was down 9.
3 percent for The hit of declining premium travell depressedairline revenues, which fell 11.1 percen in March when measured by revenues per passenge kilometer. “Business confidence is improving and worl d trade appears to have bottomed but the travel data is consistenr with the view that business expectations of recovergy remain weak while consumers remain concerned about job securityh and their highly leveragedbalanced sheets,” IATA “Revenues are also falling at a significantly faster pace than passenger IATA said.
“This is partly because fares are beinyg cut in the face of sharply fallinbgload factors, but it is also because of the compositionm of passenger declines.” Many U.S. carriera , though analysts said the mix of fares remains an area of concern as airlines face challenges fillingpremium seats. Continued job lossew and slashed corporate travel budget remain a red flag for the Front cabin fares make up 7 percent to 8 percenf oftotal passengers, but aboug 25 percent of revenues, IATA said, and premiumn seat revenue has plummeted 35 percenty to 40 percent for the first quarter.
Inter-Asian and Asia-Pacific routes have been the hardest hit, though some slowingg in the rate of decline has been seen in Transatlantidc andEuropean routes.
The (IATA) said passengers travelinf in the front cabindeclined 19.2 percengt compared to March 2008. The February decline was 21.2 percent year-to-year, but adjusted for Easter holiday and leap IATAsaid “the 2 [percentage-point] slowdown in the rate of declinde in premium travel between Februaru and March this year is rather IATA said when adjusting for Easter, “ir looks as though underlying premium travel was falling at an acceleratinf rate of decline at around -25 [percent] this March.” Economy trafficx was off 8.2 percenty year-over-year in March, and compared to an 8.3 percent fall-ofd in February. Total air traffic was down 9.
3 percent for The hit of declining premium travell depressedairline revenues, which fell 11.1 percen in March when measured by revenues per passenge kilometer. “Business confidence is improving and worl d trade appears to have bottomed but the travel data is consistenr with the view that business expectations of recovergy remain weak while consumers remain concerned about job securityh and their highly leveragedbalanced sheets,” IATA “Revenues are also falling at a significantly faster pace than passenger IATA said.
“This is partly because fares are beinyg cut in the face of sharply fallinbgload factors, but it is also because of the compositionm of passenger declines.” Many U.S. carriera , though analysts said the mix of fares remains an area of concern as airlines face challenges fillingpremium seats. Continued job lossew and slashed corporate travel budget remain a red flag for the Front cabin fares make up 7 percent to 8 percenf oftotal passengers, but aboug 25 percent of revenues, IATA said, and premiumn seat revenue has plummeted 35 percenty to 40 percent for the first quarter.
Inter-Asian and Asia-Pacific routes have been the hardest hit, though some slowingg in the rate of decline has been seen in Transatlantidc andEuropean routes.
Monday, February 27, 2012
Glimcher considering joint venture, sale for Polaris Towne Center - Business First of Columbus:
http://www.articletape.com/press-releases/news_2011-05-18-09-30-04-387.html
The Columbus-based real-estate investment trust said it has listefdthe 1.42 million-square-foot Lloyd Center in Portland, Ore.; the 1 million-squares foot WestShore Plaza in Tampa, and the 443,000-square-foot Polaris The Columbus property is located across from Polarisd Fashion Place mall, which Glimcher also Lisa Indest, Glimcher’s vice president of finance and said the company has been considering striking jointf venture partnerships for some time, but “in the current marker environment it’s taking us longer than we wouldd have expected.
” Proceeds from the sale or sales woul d go toward paying down a $470 million line of credit that had a $392 millioh balance at the end of the first That line of credit matures at the end of the but Indest said the company is in talkes for a one-year extension. Despite a roughy run for the retail sector, the company is confidentt that favorable debt terms and strong sales and occupancu for the properties could make adeal happen. Indesg said the company is eyeint this year for an agreement with one ormore joint-venturer partners, but Glimcher isn’t valuing a quicker transaction over a better one. “We reall y are going to be patient,” she said.
“These high-quality assetsw need to be transacted at appropriatepricing Glimcher’s plans for the joint-venturr deal mark a shift from an earlier strategy to unloads what it dubbed “non-core assets.” Dealzs to sell all but one of the propertiesw it has targeted in recent years have while the last propertyu – the Eastland Mall of Charlotte, N.C. – is undefr a restructured loan agreement that will see it turned over to the lenderd in Septemberor earlier. Indest said the Oregon and Floridas properties targeted in the joint venturezs are part ofthe company’s core, indoor-malo assets and the company intends to hold on to a partiakl stake.
The open-air Polaris Towne Center is a differengt story. “If a buyer wanted to take full we would be open to an outrigh t sale of thatparticular asset,” she said. “It’s our mall assetzs that we really liketo maintain.” Glimcher’ws plans to free up capital come aftere the company deepened its first-quarter loss to $3.6 millio n on a marginal gain in revenue to $78.23 million. Funds from operations, the company’s profit excluding one-time gainw and losses from the sale of depreciable properties andotherr factors, fell 6 percent to $18.7 milliom from $19.9 million.
The compant has taken a numberof cost-cutting measurez recently, including a reduction in its dividend, salary cuts and a reductionm in board members’ Glimcher employs about 1,000 workers and lost $668,000p on $319.1 million in revenue last The company’s 27 properties include Polaris Fashiojn Place and the Eastland Mall in Columbus along with five others in
The Columbus-based real-estate investment trust said it has listefdthe 1.42 million-square-foot Lloyd Center in Portland, Ore.; the 1 million-squares foot WestShore Plaza in Tampa, and the 443,000-square-foot Polaris The Columbus property is located across from Polarisd Fashion Place mall, which Glimcher also Lisa Indest, Glimcher’s vice president of finance and said the company has been considering striking jointf venture partnerships for some time, but “in the current marker environment it’s taking us longer than we wouldd have expected.
” Proceeds from the sale or sales woul d go toward paying down a $470 million line of credit that had a $392 millioh balance at the end of the first That line of credit matures at the end of the but Indest said the company is in talkes for a one-year extension. Despite a roughy run for the retail sector, the company is confidentt that favorable debt terms and strong sales and occupancu for the properties could make adeal happen. Indesg said the company is eyeint this year for an agreement with one ormore joint-venturer partners, but Glimcher isn’t valuing a quicker transaction over a better one. “We reall y are going to be patient,” she said.
“These high-quality assetsw need to be transacted at appropriatepricing Glimcher’s plans for the joint-venturr deal mark a shift from an earlier strategy to unloads what it dubbed “non-core assets.” Dealzs to sell all but one of the propertiesw it has targeted in recent years have while the last propertyu – the Eastland Mall of Charlotte, N.C. – is undefr a restructured loan agreement that will see it turned over to the lenderd in Septemberor earlier. Indest said the Oregon and Floridas properties targeted in the joint venturezs are part ofthe company’s core, indoor-malo assets and the company intends to hold on to a partiakl stake.
The open-air Polaris Towne Center is a differengt story. “If a buyer wanted to take full we would be open to an outrigh t sale of thatparticular asset,” she said. “It’s our mall assetzs that we really liketo maintain.” Glimcher’ws plans to free up capital come aftere the company deepened its first-quarter loss to $3.6 millio n on a marginal gain in revenue to $78.23 million. Funds from operations, the company’s profit excluding one-time gainw and losses from the sale of depreciable properties andotherr factors, fell 6 percent to $18.7 milliom from $19.9 million.
The compant has taken a numberof cost-cutting measurez recently, including a reduction in its dividend, salary cuts and a reductionm in board members’ Glimcher employs about 1,000 workers and lost $668,000p on $319.1 million in revenue last The company’s 27 properties include Polaris Fashiojn Place and the Eastland Mall in Columbus along with five others in
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