Thursday, May 31, 2012

WK Kellogg Foundation Launches New Online Resource Michigan Nightlight - MarketWatch (press release)

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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:

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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:

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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:

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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.

Thursday, May 24, 2012

Hamels (7-1) stops Nats; Phils end skid - CBSSports.com

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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 ...



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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).

Monday, May 21, 2012

Obama: 'Doing nothing' about health care not an option - Austin Business Journal:

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“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:

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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:

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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

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Telegraph.co.uk


Study Shows J&J's Zytiga Can Eliminate Some Prostate Tumors; Drug Combinations ...

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Tuesday, May 15, 2012

ForeScout Security Automation Advances Granarolo Network Defences and Delivers ... - MarketWatch (press release)

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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, ...



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Sunday, May 13, 2012

Did state employees find savings? - The Hour

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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:

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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

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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:

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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:

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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:

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• 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

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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 ...



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Tuesday, May 1, 2012

Members 1st Federal Credit Union Goes TRO - MarketWatch (press release)

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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 ...



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