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million. First American, on behalf of an affiliate, bought a 5,650-square-foog building called Building 5 anda 213,000-square-foot, three-storyy manufacturing facility called Building 12. The Attleboro Corporate Campus was previously owned and occupied by and isa 300-acrr mixed-use office and industrial campus located just off Interstate 95 in Attleboro. Building 12 is leasee to as it’s global manufacturing headquarters. Building 5 is leased to The BOCGroupo Inc., a worldwide distributor of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-oldf commercial real estate firm which started as Preferred Real EstateInvestments Inc.
The company is headquarteredc in Conshohocken, Pa. First American Realth Inc. is a privately held investment and management firm basedin Mass. which acquires industrial and medicalpoffice properties.
Friday 11 May 2012
Thursday 10 May 2012
U.S. Bank returns TARP money - The Business Journal of Milwaukee:
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billion in Troubled Asset Relief Program moneyg it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announcedx its plans to redeekm the preferred stock issued to the Last week, it received approvalo from the government to do so. U.S. Bank also told the Treasurt it intends to repurchasrthe 10-year warrant it had issued alon with the preferred stock. “The redemptiojn allows our company to return to operatinyg from a position of both independent strengtb andstrategic flexibility,” said Richard Davis, the company’s president, CEO and chairman, in a statement. The Treasurg in May announced that U.S.
Bank passed its “stress test,” which showed it would be able to ride out the economic downturn without having to raise more Davis has been an outspoken critic ofthe government’a capital purchase program. In Februart he called the program “lousy” and said the bankingv industry was pressured to participate inthe program. U.S. Bank is the second-largesrt bank in the Milwaukee area, basedx on total local deposits.
billion in Troubled Asset Relief Program moneyg it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announcedx its plans to redeekm the preferred stock issued to the Last week, it received approvalo from the government to do so. U.S. Bank also told the Treasurt it intends to repurchasrthe 10-year warrant it had issued alon with the preferred stock. “The redemptiojn allows our company to return to operatinyg from a position of both independent strengtb andstrategic flexibility,” said Richard Davis, the company’s president, CEO and chairman, in a statement. The Treasurg in May announced that U.S.
Bank passed its “stress test,” which showed it would be able to ride out the economic downturn without having to raise more Davis has been an outspoken critic ofthe government’a capital purchase program. In Februart he called the program “lousy” and said the bankingv industry was pressured to participate inthe program. U.S. Bank is the second-largesrt bank in the Milwaukee area, basedx on total local deposits.
Tuesday 8 May 2012
Harpeth Hall teams up to create online girls school - St. Louis Business Journal:
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The Online School for Girlx will begin offering coursesthis September, includinh two this fall and four in the springv 2010 semester spanning math, science and the humanities. Studentxs at the member schools will take the classes and evaluate them as apilot run. One initial calculus class will be taught by Harpeth Hall math teacherJennifer Webster. The other schools in the group are the in the in Ohio and in all with tuition ranginb fromabout $20,000 to $40,000 per year. Ann the head of Harpeth Hall, says the goal of the onlinw school is to providde a rigorous education in an online setting thatis flexible, affordabled and accessible to girls aroundr the world.
She says the curriculum will be expanded in coming The effort reflects how rapidly online education is beinv adopted in even the most exclusive enclaves of privater education as schools utilize the Interne t to foster a global worldvie w in their students and diversify thelearninfg experience. More than 1 milliom secondary school students took an online coursw and students at 70 percent of high schoolse enrolled in one duringthe 2007-2008 school year, accordinvg to “K-12 Online Learning: A 2008 Follow-ulp of the Survey of U.S. Schoo District Administrators.” The report also finds schools in 44 statexs are creating onlinesecondary schools.
However, the Onlinr School for Girls will be the firsgonline same-sex school. At the graduat e level, Harvard, Duke and other exclusive universities now offer severaspecialized master’s degrees for which the courseworko can be taken mostly They are aimed at professionals who wish to enhance theidr credentials to advance in their careers. Karen Harpeth Hall’s library and information services says online education is rapidlybecoming “a cornerstone of the educational
The Online School for Girlx will begin offering coursesthis September, includinh two this fall and four in the springv 2010 semester spanning math, science and the humanities. Studentxs at the member schools will take the classes and evaluate them as apilot run. One initial calculus class will be taught by Harpeth Hall math teacherJennifer Webster. The other schools in the group are the in the in Ohio and in all with tuition ranginb fromabout $20,000 to $40,000 per year. Ann the head of Harpeth Hall, says the goal of the onlinw school is to providde a rigorous education in an online setting thatis flexible, affordabled and accessible to girls aroundr the world.
She says the curriculum will be expanded in coming The effort reflects how rapidly online education is beinv adopted in even the most exclusive enclaves of privater education as schools utilize the Interne t to foster a global worldvie w in their students and diversify thelearninfg experience. More than 1 milliom secondary school students took an online coursw and students at 70 percent of high schoolse enrolled in one duringthe 2007-2008 school year, accordinvg to “K-12 Online Learning: A 2008 Follow-ulp of the Survey of U.S. Schoo District Administrators.” The report also finds schools in 44 statexs are creating onlinesecondary schools.
However, the Onlinr School for Girls will be the firsgonline same-sex school. At the graduat e level, Harvard, Duke and other exclusive universities now offer severaspecialized master’s degrees for which the courseworko can be taken mostly They are aimed at professionals who wish to enhance theidr credentials to advance in their careers. Karen Harpeth Hall’s library and information services says online education is rapidlybecoming “a cornerstone of the educational
Sunday 6 May 2012
Busmaker Proterra eyes Charlotte region for plant - Charlotte Business Journal:
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Proterra founder and Chairman Dale Hill has so far disclosedf visiting sites in twoarea counties, includinh the former Alcoa Inc. aluminum smeltingy plant in Stanly County. He also like Iredell County. Hill says his company needs “a coupld hundred thousand square feet” on 10 to 15 acres. The valuer of such an economic-development project hasn’ been disclosed. Hill is interested in Mooresville for its skilledrmotorsports workers. But the area lacks existing buildings that fit the Hill says. The Alcoa plantt in Badin alsohas challenges. “It would take a lot of cleaninv up toconvert it,” Hill says.
“It couldr be a candidate facility but not if we have to pay for all the The company, based in Colo., also is considering locations from Michigan to Southb Carolina for an East Coast Regional economic-development officials are interested in any manufacturing project, particularlu one that could bring hundredds of jobs. “We’re doing what we can to make sure they take a hard lookat Mooresville,” says Russ executive director of the “They could becomd a significant manufacturer.” Economic-development officials in Stanly County couldn’t be reached. Alcoa stopped refiningg aluminum in Badinin 2007, ending 95 yeard in the county.
who founded Proterra in 2004, already has had some successesx in producinggreen buses. His earlier TransTeq, made hybrid buses that are used by the Denver RegionalTransit District’s 16th Street Mall Proterra has developed fuel-cell technology under several government programs. The companyg operates from a 13,000-square-foot facility in the Coorz Technology Center, where its research, engineering, development and prototyping functionaare based. Hill, a former Charlotte resident, says incentivex will be key inthe company’ s decision on a site. Proterra will make its choice withinhsix months, he says.
An unidentified firm is leading Proterra’s site search and discussions abouyt inducements, Hill says. “We will go wherse the incentives are there to attract The company was initially recruited to the area for apotentiap hydrogen-powered light-rail or trolley system. Hill is scheduler to speak June 12 at the Fifth Internationak Hydrail Conferencein Charlotte. He says his company has the abilityh to build a transportation system that runs onhydrogen “if we have a customer to do So far, though, otherd alternative fuels have powered Hill’s “Our predominant market is battery-powered and fuel-cell-powered Its fuel-cell bus sells for $1.
7 millio and its battery-electric bus sell for $1.2 million, Hill says. Both have zero emissions. One of Proterra’zs rivals, both for customers and federak funding, is now based in hybrid-electric busmaker DesignLine International A DesignLine bus currentlyu costsabout $605,000, according to the city, which planzs to buy as many as 200 hybridzs from either DesignLine or Gillig Corp. of San Francisck by fiscal 2012. QUICK •Advocates of hydrogen-powered transportationh will meet at the Fifth International Hydraio Conference onJune 11-132 at UNC Charlotte. •Walter Kulyk, director of the Office of Mobility Innovatiomn at the Federal Transit will be thekeynote speaker.
•Other presenters include Dale chairmanof Colorado-based Proterra, who has been scouting the regioj for a manufacturing site. •Details: hydrail.org
Proterra founder and Chairman Dale Hill has so far disclosedf visiting sites in twoarea counties, includinh the former Alcoa Inc. aluminum smeltingy plant in Stanly County. He also like Iredell County. Hill says his company needs “a coupld hundred thousand square feet” on 10 to 15 acres. The valuer of such an economic-development project hasn’ been disclosed. Hill is interested in Mooresville for its skilledrmotorsports workers. But the area lacks existing buildings that fit the Hill says. The Alcoa plantt in Badin alsohas challenges. “It would take a lot of cleaninv up toconvert it,” Hill says.
“It couldr be a candidate facility but not if we have to pay for all the The company, based in Colo., also is considering locations from Michigan to Southb Carolina for an East Coast Regional economic-development officials are interested in any manufacturing project, particularlu one that could bring hundredds of jobs. “We’re doing what we can to make sure they take a hard lookat Mooresville,” says Russ executive director of the “They could becomd a significant manufacturer.” Economic-development officials in Stanly County couldn’t be reached. Alcoa stopped refiningg aluminum in Badinin 2007, ending 95 yeard in the county.
who founded Proterra in 2004, already has had some successesx in producinggreen buses. His earlier TransTeq, made hybrid buses that are used by the Denver RegionalTransit District’s 16th Street Mall Proterra has developed fuel-cell technology under several government programs. The companyg operates from a 13,000-square-foot facility in the Coorz Technology Center, where its research, engineering, development and prototyping functionaare based. Hill, a former Charlotte resident, says incentivex will be key inthe company’ s decision on a site. Proterra will make its choice withinhsix months, he says.
An unidentified firm is leading Proterra’s site search and discussions abouyt inducements, Hill says. “We will go wherse the incentives are there to attract The company was initially recruited to the area for apotentiap hydrogen-powered light-rail or trolley system. Hill is scheduler to speak June 12 at the Fifth Internationak Hydrail Conferencein Charlotte. He says his company has the abilityh to build a transportation system that runs onhydrogen “if we have a customer to do So far, though, otherd alternative fuels have powered Hill’s “Our predominant market is battery-powered and fuel-cell-powered Its fuel-cell bus sells for $1.
7 millio and its battery-electric bus sell for $1.2 million, Hill says. Both have zero emissions. One of Proterra’zs rivals, both for customers and federak funding, is now based in hybrid-electric busmaker DesignLine International A DesignLine bus currentlyu costsabout $605,000, according to the city, which planzs to buy as many as 200 hybridzs from either DesignLine or Gillig Corp. of San Francisck by fiscal 2012. QUICK •Advocates of hydrogen-powered transportationh will meet at the Fifth International Hydraio Conference onJune 11-132 at UNC Charlotte. •Walter Kulyk, director of the Office of Mobility Innovatiomn at the Federal Transit will be thekeynote speaker.
•Other presenters include Dale chairmanof Colorado-based Proterra, who has been scouting the regioj for a manufacturing site. •Details: hydrail.org
Friday 4 May 2012
Why Safeguarding the Arctic Is a Must - Huffington Post
tulusenoveb.blogspot.com
Why Safeguarding the Arctic Is a Must Huffington Post The Gulf of Mexico disaster should have brought all the stakeholders together to better prevent and respond to future spills, whether in deep water or in frontier areas such as the Arctic Ocean. Immediately after a disaster, it is easier to get reform ... |
Thursday 3 May 2012
Duffie joins Littler Mendelson - Los Angeles Business from bizjournals:
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Duffie has been practicing employment and labor law for37 years. Duffie was a managinbg partner ofHunton & Williams’ Atlanta officre and later co-head for the firm’s Labo r and Employment practice. He also was a foundingy attorney of in 1978 and remained thereduntil 1988. Duffie representsz companies in various industries includinghealth care, media, transportation and “Traywick is, unquestionably, one of the most accomplished labor and employment lawyerw in the Southeast,” said Cameron Pierce, office managing shareholder of Littler’s Atlant a office, in a statement.
“Not only is he highlg regarded in the Atlantalegal community, but he brings a deptjh of experience and knowledge that will provide tremendous value to our clients. His significanty experience as atrial lawyer, complex litigatofr and traditional labor lawyer will be a great resourcre for both our clients and the other attorney s in the firm.”
Duffie has been practicing employment and labor law for37 years. Duffie was a managinbg partner ofHunton & Williams’ Atlanta officre and later co-head for the firm’s Labo r and Employment practice. He also was a foundingy attorney of in 1978 and remained thereduntil 1988. Duffie representsz companies in various industries includinghealth care, media, transportation and “Traywick is, unquestionably, one of the most accomplished labor and employment lawyerw in the Southeast,” said Cameron Pierce, office managing shareholder of Littler’s Atlant a office, in a statement.
“Not only is he highlg regarded in the Atlantalegal community, but he brings a deptjh of experience and knowledge that will provide tremendous value to our clients. His significanty experience as atrial lawyer, complex litigatofr and traditional labor lawyer will be a great resourcre for both our clients and the other attorney s in the firm.”
Tuesday 1 May 2012
Wildlife federation: Enbridge oil spill didn't spur change in regulations - Detroit Free Press
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New York Times | Wildlife federation: Enbridge oil spill didn't spur change in regulations Detroit Free Press By Eric D. Lawrence Nearly two years after an Enbridge Energy Partners pipeline ruptured in Marsh » |
Sunday 29 April 2012
Jewish Federation sees fundraising drop - St. Louis Business Journal:
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The Federation’s community campaign results in 2008totaled $10.y million, down 3 percenrt from 2007, said Sanford Neuman, Jewisb Federation campaign vice president, in a statement posted on the organization’a Web site. The total raiser from all income streamwswas $14.1 million in 2008, down from nearly $26.5 million in Neuman said. “Unfortunately the height of the financial crisisin ’08 hit just before the end of the when we typically bring in the largest amountt of donations,” Neuman said.
“This is especially tough at a time when our community desperatelyu needs theextra “Our total investment portfolio was down due to economi c factors beyond our control,” said Sherri Frank Weintrop, Federation vice presidenrt of financial and human resources development, in a statement. About 30 new plannec gifts were made throughhthe — one more than last year — but the totall dollar value of those gifts was less than last the Federation said. Jewish Federation of St. Louis provides fundraising and planning forthe 60,000-member Jewisnh community in St. Louis.
The Federation distributee funds to a family of 51 national andinternational agencies, programs and services.
The Federation’s community campaign results in 2008totaled $10.y million, down 3 percenrt from 2007, said Sanford Neuman, Jewisb Federation campaign vice president, in a statement posted on the organization’a Web site. The total raiser from all income streamwswas $14.1 million in 2008, down from nearly $26.5 million in Neuman said. “Unfortunately the height of the financial crisisin ’08 hit just before the end of the when we typically bring in the largest amountt of donations,” Neuman said.
“This is especially tough at a time when our community desperatelyu needs theextra “Our total investment portfolio was down due to economi c factors beyond our control,” said Sherri Frank Weintrop, Federation vice presidenrt of financial and human resources development, in a statement. About 30 new plannec gifts were made throughhthe — one more than last year — but the totall dollar value of those gifts was less than last the Federation said. Jewish Federation of St. Louis provides fundraising and planning forthe 60,000-member Jewisnh community in St. Louis.
The Federation distributee funds to a family of 51 national andinternational agencies, programs and services.
Friday 27 April 2012
S.F. port tries to boost bulk cargo business - San Francisco Business Times:
geqopimozaqyxyh.blogspot.com
In 2008, San Francisco’s port, like others around the country, saw volume slide sharply as consumer and businesxconsumption declined. That followed severak years ofsteady decline. But port officials said they have begunh work on several fronts to positiobnthe port’s cargo business for growth. The port, which controls 7½ miles of bayside property, makes most of its money as a But it still makesabout $2.6 million annually on its cargo which rivals the rent it collects from big tenants like the and the Ferryh Building.
San Francisco specializes in bulk cargo, — anythint that must be loaded individuallg on pallets or in like autos, fruit, steel, timbedr and some building materials. San Francisci port officials saidthey don’t expect bulk cargl shipments to increase unti 2010 at the earliest. In the they are aggressively marketing to cargooceanm liners. Port officials Peter Dailey, the head of the maritimwe division, and Jim the maritime marketing manager, recently met with a number of cargo shipperswin Vancouver, British Columbia, to tout San Francisco’se capacity along Piers 80, 94 and 96, which are alontg the port’s southeastern flank.
They have also begub talks with a Chineseauto maker, which wants to enter the U.S. auto market and is consideriny a west coast portfor shipping. Port officials are also talkinh with and to improve rail Port officials want to line up money to increass height clearances over tracks to accommodate highet stacking ofrail Lastly, the port is stressin better training for its stevedores. A recent analysisa of San Francisco’s cargo business said its dock workersxare “viewed as inefficient by carriers and shippers.
”
In 2008, San Francisco’s port, like others around the country, saw volume slide sharply as consumer and businesxconsumption declined. That followed severak years ofsteady decline. But port officials said they have begunh work on several fronts to positiobnthe port’s cargo business for growth. The port, which controls 7½ miles of bayside property, makes most of its money as a But it still makesabout $2.6 million annually on its cargo which rivals the rent it collects from big tenants like the and the Ferryh Building.
San Francisco specializes in bulk cargo, — anythint that must be loaded individuallg on pallets or in like autos, fruit, steel, timbedr and some building materials. San Francisci port officials saidthey don’t expect bulk cargl shipments to increase unti 2010 at the earliest. In the they are aggressively marketing to cargooceanm liners. Port officials Peter Dailey, the head of the maritimwe division, and Jim the maritime marketing manager, recently met with a number of cargo shipperswin Vancouver, British Columbia, to tout San Francisco’se capacity along Piers 80, 94 and 96, which are alontg the port’s southeastern flank.
They have also begub talks with a Chineseauto maker, which wants to enter the U.S. auto market and is consideriny a west coast portfor shipping. Port officials are also talkinh with and to improve rail Port officials want to line up money to increass height clearances over tracks to accommodate highet stacking ofrail Lastly, the port is stressin better training for its stevedores. A recent analysisa of San Francisco’s cargo business said its dock workersxare “viewed as inefficient by carriers and shippers.
”
Thursday 26 April 2012
SAHA to spend $14.5 million on local housing project upgrades - Jacksonville Business Journal:
younkinesagugad1746.blogspot.com
million in federal stimulu funds to repair and upgradre a number of publichousing properties. Out of 349 housinv authorities in Texas that received money from the American Recovery andReinvestment Act, San Antonio Housing or SAHA, received the largest amount. SAHA is requiredr to use the money for capital improvements and all the funda must be spent withinthree years. “Thesre funds will allow us to make much-neede d repairs to our public housing properties and improve the safett and quality of life for our SAHA President and CEO Lourdesa CastroRamirez says.
Among the properties slated for major upgrades is the Lewis Chatham a 119-unit apartment complex for seniorz on the city’s South Side. Lewis Chathamm also will undergo anextensive modernization. In stimulus funds will be used to upgradsthe security, elevators and fire safety at nearly 20 elderlyg communities. Other projects will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditionintg systems. SAHA Board Chairma n Ramiro Cavazos says the agency will encourage the participation of smalland minority-owned businesses.
“We will also give additional weighft to contractors that commit to actively recruiting employees from the neighborhoods in and arounxd where this work will he says. SAHA will issue requestxs for proposals to perform engineering and architectural servicee relatedto stimulus-approved projects. Web site: www.saha.orh
million in federal stimulu funds to repair and upgradre a number of publichousing properties. Out of 349 housinv authorities in Texas that received money from the American Recovery andReinvestment Act, San Antonio Housing or SAHA, received the largest amount. SAHA is requiredr to use the money for capital improvements and all the funda must be spent withinthree years. “Thesre funds will allow us to make much-neede d repairs to our public housing properties and improve the safett and quality of life for our SAHA President and CEO Lourdesa CastroRamirez says.
Among the properties slated for major upgrades is the Lewis Chatham a 119-unit apartment complex for seniorz on the city’s South Side. Lewis Chathamm also will undergo anextensive modernization. In stimulus funds will be used to upgradsthe security, elevators and fire safety at nearly 20 elderlyg communities. Other projects will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditionintg systems. SAHA Board Chairma n Ramiro Cavazos says the agency will encourage the participation of smalland minority-owned businesses.
“We will also give additional weighft to contractors that commit to actively recruiting employees from the neighborhoods in and arounxd where this work will he says. SAHA will issue requestxs for proposals to perform engineering and architectural servicee relatedto stimulus-approved projects. Web site: www.saha.orh
Tuesday 24 April 2012
Blue Shield names new chief medical officer - Kansas City Business Journal:
houghtalingbaemo1268.blogspot.com
senior vice president and chiefmedicap officer, replacing Dr. Alan Sokolow, who accepted a positio with in Southern California latelast year, according to Blue Officials at the San Francisco-based health plan said Mathew s will oversee all of its health-care including prevention and wellness programs, diseasd and case management, maternith management, pharmacy benefits management, medical policies, center of excellence, clinical quality, transparency strategies and utilization Mathews has more than two decadex of experience in health plan Most recently, he was chief medical officer for DaVita VillageHealth, where he oversaw the company’ws disease and care management programds for patients with end-stage renal disease and chronic kidney disease.
Prior to Mathews was CMO for disease managemenf specialist Blue Shield is one ofthe state’s largesgt health plans, with 3.4 milliohn enrollees in various healtn insurance plans, including 1.2 million HMO enrollees and 1.56 million PPO memberse statewide.
senior vice president and chiefmedicap officer, replacing Dr. Alan Sokolow, who accepted a positio with in Southern California latelast year, according to Blue Officials at the San Francisco-based health plan said Mathew s will oversee all of its health-care including prevention and wellness programs, diseasd and case management, maternith management, pharmacy benefits management, medical policies, center of excellence, clinical quality, transparency strategies and utilization Mathews has more than two decadex of experience in health plan Most recently, he was chief medical officer for DaVita VillageHealth, where he oversaw the company’ws disease and care management programds for patients with end-stage renal disease and chronic kidney disease.
Prior to Mathews was CMO for disease managemenf specialist Blue Shield is one ofthe state’s largesgt health plans, with 3.4 milliohn enrollees in various healtn insurance plans, including 1.2 million HMO enrollees and 1.56 million PPO memberse statewide.
Sunday 22 April 2012
Proposed Tennessee bill would tax visiting NBA, NHL players - Phoenix Business Journal:
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Under House Bill 0019, Tennessee would tax athletes and entertainers performingg in the state who make morethan $50,0009 a year. The bill would increas state revenue by morethan $1.1 millionb and the funds would be used for juvenilw court-related programs. The tax would coverf opponents of the and for up to three gamea year. However, opponents of the woul d be exempt. Greg Campbell, president of business operations for theMemphis Grizzlies, said otheer states have similar taxes for professional teams. “We are awaree of the state's intention to pass a bill that woulf impose a privilege tax on professionapl basketball players in the statewof Tennessee,” Campbell said.
“We will be keepinyg a close eye on this as it continued to move through the approval process and trustthat Gov. Bredesen and his fellow lawmakerss will continue to do what is best for Tennesse and professional basketball inthe state.” At least 15 other states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New Jersey, North Louisiana, Oklahoma, Ohio, Oregon, Indiana and Pennsylvania. Michigan has a reciprocakl law in place that chargew players that play for teams with the tax but not playera that play in stateswithout it.
Under House Bill 0019, Tennessee would tax athletes and entertainers performingg in the state who make morethan $50,0009 a year. The bill would increas state revenue by morethan $1.1 millionb and the funds would be used for juvenilw court-related programs. The tax would coverf opponents of the and for up to three gamea year. However, opponents of the woul d be exempt. Greg Campbell, president of business operations for theMemphis Grizzlies, said otheer states have similar taxes for professional teams. “We are awaree of the state's intention to pass a bill that woulf impose a privilege tax on professionapl basketball players in the statewof Tennessee,” Campbell said.
“We will be keepinyg a close eye on this as it continued to move through the approval process and trustthat Gov. Bredesen and his fellow lawmakerss will continue to do what is best for Tennesse and professional basketball inthe state.” At least 15 other states have a similar tax including Wisconsin, Minnesota, Colorado, California, Arizona, New Jersey, North Louisiana, Oklahoma, Ohio, Oregon, Indiana and Pennsylvania. Michigan has a reciprocakl law in place that chargew players that play for teams with the tax but not playera that play in stateswithout it.
Friday 20 April 2012
'The Proposal' wins at weekend box office - Houston Business Journal:
hegenefipa.blogspot.com
The movie starring Sandra Bullock and Ryan Reynoldws brought in anestimated $34,114,000 in its openingb weekend. It knocked off the reigninfg champion, ' "The which brought in an estimated $26,855,000 during the weekend. "The Proposal" was shown on abourt 4,100 screens at 3,056 sites, accordinh to a report on the Disney/ 's "Up" continued its stronb showing, coming in third over the weekend with anestimate $21,336,000. The animated film is currently in second placebehinc Paramount's "Star Trek," for second-largesyt movie of the summer.
Another new release, ' "Yead One," brought in an estimated $20,200,000 in its firsf weekend, placing it fourth on the list. Another Sony Picturesz release, "The Taking of Pelham 1 2 3" roundex out the top five, bringing in an estimated
The movie starring Sandra Bullock and Ryan Reynoldws brought in anestimated $34,114,000 in its openingb weekend. It knocked off the reigninfg champion, ' "The which brought in an estimated $26,855,000 during the weekend. "The Proposal" was shown on abourt 4,100 screens at 3,056 sites, accordinh to a report on the Disney/ 's "Up" continued its stronb showing, coming in third over the weekend with anestimate $21,336,000. The animated film is currently in second placebehinc Paramount's "Star Trek," for second-largesyt movie of the summer.
Another new release, ' "Yead One," brought in an estimated $20,200,000 in its firsf weekend, placing it fourth on the list. Another Sony Picturesz release, "The Taking of Pelham 1 2 3" roundex out the top five, bringing in an estimated
Wednesday 18 April 2012
Chelsea Vs. Barcelona, 2012 UEFA Champions League: Tie Could Be Determining ... - SB Nation
obofym.wordpress.com
Chelsea Vs. Barcelona, 2012 UEFA Champions League: Tie Could Be Determining ... SB Nation It's the second to final step in the determining factor in Pep's future with Barcelona, at least if you believe the same as Gabriel. For more on the Blues, check out SB Nation Chelsea blog We Ain't Got No History. For their opposition, visit Barca ... |
Tuesday 17 April 2012
Wisconsin remains in middle of obesity rankings - The Business Journal of Milwaukee:
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Wisconsin saw its adult obesityt raterise 0.5 percentage points to 26 The state had slid in the national rankings from 22nd in 2007. The now in its sixth year, is title d "F as in Fat: How Obesityt Policies Are Failing InAmerica 2009" and castigatesx federal, state and local governments for poor or patchworkk policies aimed at curbing obesity. "Our healtg care costs have grown along with our waist saidJeff Levi, executive director of Trust for America' s Health. "The obesity epidemic is a big contributotr to the skyrocketing health care costs in theUnitedc States.
How are we going to compet with the rest of the world if our economy and work force are weighed down by bad Mississippi had the highest rate of adult obesityat 32.5 making it the fifth year in a row that the state topped the list. Four statesx now have rates above30 percent, includin Mississippi, Alabama (31.2 West Virginia (31.1 percent) and Tennessee (30.2 Eight of the 10 states with the highestf percentage of obese adults are in the Colorado continued to have the lowestf percentage of obese adults at 18.9 percent. Mississippi also had the highesft rate of obese and overweightchildrej (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowesft rateat 23.1 percent.
Wisconsin fared among the better ranking 40th with a childhood obesity rateof 27.9 Eight of the 10 statexs with the highest rates of obese and overweighty children are in the Childhood obesity rates have more than tripled sinced 1980.
Wisconsin saw its adult obesityt raterise 0.5 percentage points to 26 The state had slid in the national rankings from 22nd in 2007. The now in its sixth year, is title d "F as in Fat: How Obesityt Policies Are Failing InAmerica 2009" and castigatesx federal, state and local governments for poor or patchworkk policies aimed at curbing obesity. "Our healtg care costs have grown along with our waist saidJeff Levi, executive director of Trust for America' s Health. "The obesity epidemic is a big contributotr to the skyrocketing health care costs in theUnitedc States.
How are we going to compet with the rest of the world if our economy and work force are weighed down by bad Mississippi had the highest rate of adult obesityat 32.5 making it the fifth year in a row that the state topped the list. Four statesx now have rates above30 percent, includin Mississippi, Alabama (31.2 West Virginia (31.1 percent) and Tennessee (30.2 Eight of the 10 states with the highestf percentage of obese adults are in the Colorado continued to have the lowestf percentage of obese adults at 18.9 percent. Mississippi also had the highesft rate of obese and overweightchildrej (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowesft rateat 23.1 percent.
Wisconsin fared among the better ranking 40th with a childhood obesity rateof 27.9 Eight of the 10 statexs with the highest rates of obese and overweighty children are in the Childhood obesity rates have more than tripled sinced 1980.
Sunday 15 April 2012
SBA offers car dealers help - Business First of Columbus:
ysynut.wordpress.com
The government-guaranteed loans will be available to dealers to financr their auto andothe inventory, known in the industry as a flootr plan. Through SBA lenders, the dealer floor-plan financing will provide lines of credit througnthe 7(a) program for titled inventory, including cars, RVs, boatas and motorcycles. Dealers can borrow $500,00p0 to $2 million against their inventor y and repay the debt as theysell vehicles. The SBA said the loanxs have a maximum repayment term of five years and will have a 75 percentrgovernment guarantee. As part of the American Recovery andReinvestmengt Act, fees also are being eliminated temporariluy on 7(a) loans.
“Countless small businesses, includinfg dealerships, across the country are facing significangt challenges as a result of the uncertainty in the auto SBA Administrator Karen Mills said ina release. “Floor-plan financinv can offer some dealerships the opportunity to get througgh these tough economic times by allowing them to keep theirr inventory and cashflow intact, as well as save the jobs thesde small businesses provide.
” Amid the economicv turmoil and low auto sales, car dealers throughout the countrt have run into problems keeping their floorr plans through banks and auto Most need them to be able to finance and stock The program will run until September when the SBA will decide whether to extend it.
The government-guaranteed loans will be available to dealers to financr their auto andothe inventory, known in the industry as a flootr plan. Through SBA lenders, the dealer floor-plan financing will provide lines of credit througnthe 7(a) program for titled inventory, including cars, RVs, boatas and motorcycles. Dealers can borrow $500,00p0 to $2 million against their inventor y and repay the debt as theysell vehicles. The SBA said the loanxs have a maximum repayment term of five years and will have a 75 percentrgovernment guarantee. As part of the American Recovery andReinvestmengt Act, fees also are being eliminated temporariluy on 7(a) loans.
“Countless small businesses, includinfg dealerships, across the country are facing significangt challenges as a result of the uncertainty in the auto SBA Administrator Karen Mills said ina release. “Floor-plan financinv can offer some dealerships the opportunity to get througgh these tough economic times by allowing them to keep theirr inventory and cashflow intact, as well as save the jobs thesde small businesses provide.
” Amid the economicv turmoil and low auto sales, car dealers throughout the countrt have run into problems keeping their floorr plans through banks and auto Most need them to be able to finance and stock The program will run until September when the SBA will decide whether to extend it.
Friday 13 April 2012
Wednesday 11 April 2012
Franklin County OKs grants for Scioto Mile, other projects - Business First of Columbus:
uhetemejih.wordpress.com
The commissioners laid out $1.17 millionj to the Columbus Downtown Development througha so-called community partnershipp grant for the $38 million Scioto Mile project, a public-privatd partnership whose chief sponsords are the city of Columbus and The appropriation is part of a four-year, $5 millionn commitment commissioners made to the project. Commissionerx appropriated $1.5 million last year and are set to giveabout $1.1 million this and the next two said Amy Taylor, a spokeswoman for the Developmenft Corp.
Construction of the Scioto which includes improvements to Bicentennial Park and featurex that will make Civic Center Drive more accommodating for is a key piece ofthe run-up to the city’s 2012 bicentennial. • $500,000 for ’s Grangre Insurance Audubon Center, the educational element of the new Scioto AudubonMetro Park. The project, approaching a $14.r5 million fundraising goal, is on track for a summert opening, officials told Columbus Businesds First. • $200,000 for youth development activities ofthe , the outreacbh arm of the university’s agriculturalo school.
The grant arrives at a critica l time forthe organization, whicg recently cut 25 jobs at its Columbus headquarteras and is bracing for its budget to fall by more than $6 millionm over the three-year budget cycle that began last July.
The commissioners laid out $1.17 millionj to the Columbus Downtown Development througha so-called community partnershipp grant for the $38 million Scioto Mile project, a public-privatd partnership whose chief sponsords are the city of Columbus and The appropriation is part of a four-year, $5 millionn commitment commissioners made to the project. Commissionerx appropriated $1.5 million last year and are set to giveabout $1.1 million this and the next two said Amy Taylor, a spokeswoman for the Developmenft Corp.
Construction of the Scioto which includes improvements to Bicentennial Park and featurex that will make Civic Center Drive more accommodating for is a key piece ofthe run-up to the city’s 2012 bicentennial. • $500,000 for ’s Grangre Insurance Audubon Center, the educational element of the new Scioto AudubonMetro Park. The project, approaching a $14.r5 million fundraising goal, is on track for a summert opening, officials told Columbus Businesds First. • $200,000 for youth development activities ofthe , the outreacbh arm of the university’s agriculturalo school.
The grant arrives at a critica l time forthe organization, whicg recently cut 25 jobs at its Columbus headquarteras and is bracing for its budget to fall by more than $6 millionm over the three-year budget cycle that began last July.
Monday 9 April 2012
Cushman & Wakefield loses third Miami exec - Atlanta Business Chronicle:
kapitonragomo.blogspot.com
Caplin’s exit is the latest of severaorecent high-profile departures at C&W in The firm is one of Soutuh Florida's largest real estate brokeragesx and, like other brokerages, has seen few investment deal s in the last year. Former branchh manager Tere Blanca left in the sprinvg tolaunch , a firm focused on office leasingh and sales. Hank Klein, executive director of C&W in was notified last month that his positioj wasbeing eliminated. Steelbridge owns and manageas propertythroughout Florida. It sold , on Miami’s Brickelo Key, for $150 million in 2007 aftef an eight-year hold.
Steelbridge founder Gavihn Campbell will continue asmanaging principal, sharing the helm with Caplin. Capli is one of a handful of commercial brokers involvedd inSouth Florida’s largest commercial transactions. Caplin said his exit is in responses to a paradigm shift in local investment that come s at the tail end ofa cycle, wherd leasing and management for institutional investors became secondaru to market momentum.
During the boom yearse leading upto 2006, the expectation was that asset with strong track records could be purchasedf and flipped quickly for big For a short period of some owners made the strategy work, but then the economicd meltdown put the brakes on the Some, who bought in the last few years, were holdingg assets that cost too much compared to market fundamentals. The market has now shiftedf back to fundamental principles of with institutional investors and privatecapital “seekinb to co-invest with strong, nimble, local operatin partners,” Caplin said.
“The marke and investors mostlybelieve it’s about operations on the grounsd and knowing how to position a building in a particulat submarket,” he said. Caplin oversaw more than $7 billiomn in transactions at C&W, including ’ $307 millionm purchase of a half-stake in downtown Miami’e landmark and full ownership of the 1221 Brickello buildingin 2006. He was involvefd in the sale of 355 Alhambra in Coral Gablexfor $87.3 million in 2008 and is currently workingv with Hines to refinance its debt at . Caplin is a graduatee of south Miami-Dade County’s Palmetto High School. He graduatedx from in 1985 witha bachelor’s degrew in finance and real estate.
Two yearsz later, he left C&W’s appraisapl group to launch the company’s local investment sale s operation. Caplin was part of a team in the late 1980se that first specialized in investmenrt salesin Miami. During the mid-1990s, Steelbridgwe Capital had 2 million squares feet of commercial real estate in its portfoli in seven Florida marketsincluding Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’d arrival marks another periodof opportunity-investment for the company, Steelbridge’ws Campbell said. "We think valuations are finally starting to lookattractivew again,” Campbell said in a statement.
“Thre opportunity to buy Florida assets at significanyt discounts to replacement cost is whilethe long-term job and demographic prospects for Florida and the Caribbeanj basin are as strong as ever. Jay’s leadershipl will be the linchpib ofour strategy."
Caplin’s exit is the latest of severaorecent high-profile departures at C&W in The firm is one of Soutuh Florida's largest real estate brokeragesx and, like other brokerages, has seen few investment deal s in the last year. Former branchh manager Tere Blanca left in the sprinvg tolaunch , a firm focused on office leasingh and sales. Hank Klein, executive director of C&W in was notified last month that his positioj wasbeing eliminated. Steelbridge owns and manageas propertythroughout Florida. It sold , on Miami’s Brickelo Key, for $150 million in 2007 aftef an eight-year hold.
Steelbridge founder Gavihn Campbell will continue asmanaging principal, sharing the helm with Caplin. Capli is one of a handful of commercial brokers involvedd inSouth Florida’s largest commercial transactions. Caplin said his exit is in responses to a paradigm shift in local investment that come s at the tail end ofa cycle, wherd leasing and management for institutional investors became secondaru to market momentum.
During the boom yearse leading upto 2006, the expectation was that asset with strong track records could be purchasedf and flipped quickly for big For a short period of some owners made the strategy work, but then the economicd meltdown put the brakes on the Some, who bought in the last few years, were holdingg assets that cost too much compared to market fundamentals. The market has now shiftedf back to fundamental principles of with institutional investors and privatecapital “seekinb to co-invest with strong, nimble, local operatin partners,” Caplin said.
“The marke and investors mostlybelieve it’s about operations on the grounsd and knowing how to position a building in a particulat submarket,” he said. Caplin oversaw more than $7 billiomn in transactions at C&W, including ’ $307 millionm purchase of a half-stake in downtown Miami’e landmark and full ownership of the 1221 Brickello buildingin 2006. He was involvefd in the sale of 355 Alhambra in Coral Gablexfor $87.3 million in 2008 and is currently workingv with Hines to refinance its debt at . Caplin is a graduatee of south Miami-Dade County’s Palmetto High School. He graduatedx from in 1985 witha bachelor’s degrew in finance and real estate.
Two yearsz later, he left C&W’s appraisapl group to launch the company’s local investment sale s operation. Caplin was part of a team in the late 1980se that first specialized in investmenrt salesin Miami. During the mid-1990s, Steelbridgwe Capital had 2 million squares feet of commercial real estate in its portfoli in seven Florida marketsincluding Jacksonville, Naples and They sold much of it from 2005 to 2007. Caplin’d arrival marks another periodof opportunity-investment for the company, Steelbridge’ws Campbell said. "We think valuations are finally starting to lookattractivew again,” Campbell said in a statement.
“Thre opportunity to buy Florida assets at significanyt discounts to replacement cost is whilethe long-term job and demographic prospects for Florida and the Caribbeanj basin are as strong as ever. Jay’s leadershipl will be the linchpib ofour strategy."
Sunday 8 April 2012
General Motors exits bankruptcy - Puget Sound Business Journal (Seattle):
onoeuqedol1902.blogspot.com
The new company has $11 billion in U.S. excluding $9 billion in preferrex stock. The company expects to go publicfnext year, Chief Executive Fritz Henderson said duriny a news conference Friday morning. GM will cut an additionap 35 percent ofits U.S. managemenft employees and 20 percent of salaried employeeas byyear end, Henderson said, adding he hasn’t calculated the numbef of employees to be The company will cut its overall U.S. employment to about 64,000 by year end, down 30 percent from the currenft 91,000. GM filed for Chapter 11 bankruptcy protectio nJune 1. “Today starts a new era for General Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorsx is fully committed to listeningfto customers, responding to consumer and markeyt trends, and empowering the peopld closest to the customer to make the decisions. Our goal is to buildx more of the cars, trucks and crossovers that customers and to get them to market fastedr thanever before.” The new GM will have four core brands: Cadillac, Buick and GMC. It will have 34 nameplatee next year, down from 48. •U.S. Treasury Department: 60.8 •UAW Retiree Medical Benefits Trust: 17.5 percent. •Canadian and Ontarik governments: 11.7 percent.
•The old GM: 10 Henderson said GM intends to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertrainh and stamping plants, down from 47 in 2008. And it expectx its plants to reacjh capacityduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The companh eliminated its GM North Americapresident position, and Henderson takes responsibilityy for GM’s North American operations.
GM is based in
The new company has $11 billion in U.S. excluding $9 billion in preferrex stock. The company expects to go publicfnext year, Chief Executive Fritz Henderson said duriny a news conference Friday morning. GM will cut an additionap 35 percent ofits U.S. managemenft employees and 20 percent of salaried employeeas byyear end, Henderson said, adding he hasn’t calculated the numbef of employees to be The company will cut its overall U.S. employment to about 64,000 by year end, down 30 percent from the currenft 91,000. GM filed for Chapter 11 bankruptcy protectio nJune 1. “Today starts a new era for General Motors and everyone associated with the Henderson said.
“Going forward, the new General Motorsx is fully committed to listeningfto customers, responding to consumer and markeyt trends, and empowering the peopld closest to the customer to make the decisions. Our goal is to buildx more of the cars, trucks and crossovers that customers and to get them to market fastedr thanever before.” The new GM will have four core brands: Cadillac, Buick and GMC. It will have 34 nameplatee next year, down from 48. •U.S. Treasury Department: 60.8 •UAW Retiree Medical Benefits Trust: 17.5 percent. •Canadian and Ontarik governments: 11.7 percent.
•The old GM: 10 Henderson said GM intends to repay its governmentloans “much sooner” than the 2015 due By the end of GM will operate 34 assembly, powertrainh and stamping plants, down from 47 in 2008. And it expectx its plants to reacjh capacityduring 2011. Edward Whitacrr Jr. is the new company’s chairman. The companh eliminated its GM North Americapresident position, and Henderson takes responsibilityy for GM’s North American operations.
GM is based in
Friday 6 April 2012
Active older adults less likely to experience functional limitations - Zee News
vypybiza.wordpress.com
Zee News | Active older adults less likely to experience functional limitations Zee News Washington: Older adults who experienced any level of psychological distress were more than four times more likely to experience functional limitation than those who did not, researchers from Australia have found. Led by Gregory Kolt, PhD, ... |
Wednesday 4 April 2012
SBA amends 504 loan program - The Business Review (Albany):
ykyhola.blogspot.com
The permanent change was authorized by the Americahn Recovery and Reinvestment Actof 2009. It is the latesr of several SBA program modifications contained in the stimulus plan totake effect. Others have included a temporary increaswe in the guarantee level onmost 7(a) program reduced fees on both 7(a) and 504 and a doubling of the suretyu bond guarantee level for small businessesz competing for construction and servicr contracts. The 504 program provides financing for smalo businesses to purchase real estatwe and otherfixed assets, such as heavy equipment or and to expand an existinh development project.
The loans are made partially by banks and partially by a CertifiedDevelopment Company, with the borrowed putting in 10 percent. In the N.Y. area, most 504 loans go through Unde r therevised rules, 504 loans now may be used to refinancre existing loans used to buy real estatr and other fixed assets. The refinancin g must be tied to abusiness expansion, and the debt refinanced may not exceed 50 percent of the projecte d cost of that expansion.
An “expansion” includes any project that involveasthe acquisition, construction or improvement of building or equipment for use by the small “This is one more piece of the Recovery Act that is goinvg to have a direct impact and put more money in the hands of small business owners just when they need it most,” said SBA Administratord Karen Mills. “Lower interest rates mean lower paymentas and less money going out the door each monthy indebt repayments. That means more cash on hand to keep theirfdoors open, their employees working and to even expand and creatw more jobs.
”
The permanent change was authorized by the Americahn Recovery and Reinvestment Actof 2009. It is the latesr of several SBA program modifications contained in the stimulus plan totake effect. Others have included a temporary increaswe in the guarantee level onmost 7(a) program reduced fees on both 7(a) and 504 and a doubling of the suretyu bond guarantee level for small businessesz competing for construction and servicr contracts. The 504 program provides financing for smalo businesses to purchase real estatwe and otherfixed assets, such as heavy equipment or and to expand an existinh development project.
The loans are made partially by banks and partially by a CertifiedDevelopment Company, with the borrowed putting in 10 percent. In the N.Y. area, most 504 loans go through Unde r therevised rules, 504 loans now may be used to refinancre existing loans used to buy real estatr and other fixed assets. The refinancin g must be tied to abusiness expansion, and the debt refinanced may not exceed 50 percent of the projecte d cost of that expansion.
An “expansion” includes any project that involveasthe acquisition, construction or improvement of building or equipment for use by the small “This is one more piece of the Recovery Act that is goinvg to have a direct impact and put more money in the hands of small business owners just when they need it most,” said SBA Administratord Karen Mills. “Lower interest rates mean lower paymentas and less money going out the door each monthy indebt repayments. That means more cash on hand to keep theirfdoors open, their employees working and to even expand and creatw more jobs.
”
Monday 2 April 2012
Jazz put postseason aspirations on line against Blazers - Fox News
jiqatili.wordpress.com
Jazz put postseason aspirations on line against Blazers Fox News There's no need to break out the defibrillator yet for the Utah Jazz in their pursuit of a postseason spot, as they try to inch closer to the playoffs tonight against the Portland Trail Blazers at the Rose Garden. Utah is one game behind Houston for ... |
Saturday 31 March 2012
Academic Team honoree: Neha Bakhai - Business First of Buffalo:
jiqatili.wordpress.com
Accomplishments: ACT score of 34 (equal to 1,52p on SAT). Scores of 98-100 on four Regentsa exams. National Merit Scholarship letterof commendation. AP Scholafr Award (with Distinction). RPI Rensselaer Medal for Math and Captain of basketball andsoccer teams. Full name: Neha Born: August 26, 1991, Williamsville. Parents: Smita Bakhai, Yogesh Bakhai. Williamsville. Favorite class: Calculus (taught by Paul Sondel) and government (taughtt by Timothy Redmond). “Both thosre teachers are very passionatw about whatthey teach. They make me want to plus they arevery funny.” Colleger and likely major: , pre-medicine. Hope to be doing 10 yearsa from now: “I have no idea.
” If coulf meet anyone from history: “My grandpa, whom I have nevet met.” If could have dinner with anyone now Barack Obama. “I could learn a lot from him.” to proceef to the next First Team honoree: David Ban.
Accomplishments: ACT score of 34 (equal to 1,52p on SAT). Scores of 98-100 on four Regentsa exams. National Merit Scholarship letterof commendation. AP Scholafr Award (with Distinction). RPI Rensselaer Medal for Math and Captain of basketball andsoccer teams. Full name: Neha Born: August 26, 1991, Williamsville. Parents: Smita Bakhai, Yogesh Bakhai. Williamsville. Favorite class: Calculus (taught by Paul Sondel) and government (taughtt by Timothy Redmond). “Both thosre teachers are very passionatw about whatthey teach. They make me want to plus they arevery funny.” Colleger and likely major: , pre-medicine. Hope to be doing 10 yearsa from now: “I have no idea.
” If coulf meet anyone from history: “My grandpa, whom I have nevet met.” If could have dinner with anyone now Barack Obama. “I could learn a lot from him.” to proceef to the next First Team honoree: David Ban.
Thursday 29 March 2012
Seattle FHLB posts $467M Q1 capital deficiency - Puget Sound Business Journal (Seattle):
opexibu.wordpress.com
The bank has been to keep up its capitalp levels for the lastseveral months. The which serves 380 member banks mostly inwesterb states, also saw a net loss of $16.q1 million as a result of its soured investmente in mortgage-backed securities. That compares with net income of $31.4 million during the same time periodlast year. The bank took a $71.y7 million charge as a result of the loss in valuw onthe securities. The Federal Home Loan Bank which acts as a bank tobanks — also said its seen a decreasse in member advances, with $31.8 billion in advances outstanding comparede with $36.9 billion at the end of 2008.
Its memberds are drawn from a district thatcoverzs Alaska, Hawaii, Idaho, Oregon, Utah, Washington, and Wyoming, plus the U.S. territoriesd of American Samoa and Guam and the Commonwealth of the NortherMariana Islands.
The bank has been to keep up its capitalp levels for the lastseveral months. The which serves 380 member banks mostly inwesterb states, also saw a net loss of $16.q1 million as a result of its soured investmente in mortgage-backed securities. That compares with net income of $31.4 million during the same time periodlast year. The bank took a $71.y7 million charge as a result of the loss in valuw onthe securities. The Federal Home Loan Bank which acts as a bank tobanks — also said its seen a decreasse in member advances, with $31.8 billion in advances outstanding comparede with $36.9 billion at the end of 2008.
Its memberds are drawn from a district thatcoverzs Alaska, Hawaii, Idaho, Oregon, Utah, Washington, and Wyoming, plus the U.S. territoriesd of American Samoa and Guam and the Commonwealth of the NortherMariana Islands.
Tuesday 27 March 2012
PAS Technologies promotes Spriggs to CTO - Business Courier of Cincinnati:
xotavaloso.blogspot.com
Spriggs was vice president of product developmenyt of the privately held NorthKansas City-based He started with PAS Technologies’ predecessor , in 1996 as business unit manager of new product PAS said in a Thursdayu release. As CTO, he will oversee the company’s long-ternm technology strategy. “We’re doing this because we feel that technology is the way to grow and satisfy our company spokeswoman Marsha Farmer said Spriggs has 35 years of experience in operations and engineerinyg assignmentsfor , , and , as well as independent consulting in the aviation and powetr generation industries, PAS said. He has receivee six U.S.
patents in his own name or as co-inventor. PAS Technologiezs specializes inproviding cost-effective repair and overhaul servicee for the aerospace and industrial It has about 600 employees, about 280 of whom work in the Kansaa City area, Farmer said.
Spriggs was vice president of product developmenyt of the privately held NorthKansas City-based He started with PAS Technologies’ predecessor , in 1996 as business unit manager of new product PAS said in a Thursdayu release. As CTO, he will oversee the company’s long-ternm technology strategy. “We’re doing this because we feel that technology is the way to grow and satisfy our company spokeswoman Marsha Farmer said Spriggs has 35 years of experience in operations and engineerinyg assignmentsfor , , and , as well as independent consulting in the aviation and powetr generation industries, PAS said. He has receivee six U.S.
patents in his own name or as co-inventor. PAS Technologiezs specializes inproviding cost-effective repair and overhaul servicee for the aerospace and industrial It has about 600 employees, about 280 of whom work in the Kansaa City area, Farmer said.
Sunday 25 March 2012
Bradenton Holiday Inn Express owners seek bankruptcy protection - South Florida Business Journal:
vilyfijohy.wordpress.com
Sroka Hospitality filed for Chapte r 11 protection Monday inthe ’s Middle District of Floridz claiming assets and liabilities of between $1 million and $10 court documents said. Sroka Hospitality was foundexd in 2003 and purchased the Bradenton hotel in 2007for $7.2 according to the company’s case managementt summary filed with the court. Revenue was about $1.8 million in 2008 and is expected to be almostg half that in 2009at $1 million. Bank of the West is still owed $4.3 million whiler the is owed justunder $2 million, documente said. The hotel also owes $102,000 to the Manatee Countgy Tax Collector, a debt the company disputes. Both loans were handle d throughthe .
Bank of the West said the hotel’se value has fallen from $7.2 million to $2.8 million basefd on its own appraisal, however, Sroka Hospitalitg said it believes the property isworthj more. The hotel, located near State Road 64 and Interstated 75in Bradenton, sold in 2004 for $4.3r5 million. Sroka Hospitality purchased it after the company soldits St. Augustinee hotel in favor of having a Holiday Inn Expressbrandedr hotel, according to published reports.
Sroka Hospitality filed for Chapte r 11 protection Monday inthe ’s Middle District of Floridz claiming assets and liabilities of between $1 million and $10 court documents said. Sroka Hospitality was foundexd in 2003 and purchased the Bradenton hotel in 2007for $7.2 according to the company’s case managementt summary filed with the court. Revenue was about $1.8 million in 2008 and is expected to be almostg half that in 2009at $1 million. Bank of the West is still owed $4.3 million whiler the is owed justunder $2 million, documente said. The hotel also owes $102,000 to the Manatee Countgy Tax Collector, a debt the company disputes. Both loans were handle d throughthe .
Bank of the West said the hotel’se value has fallen from $7.2 million to $2.8 million basefd on its own appraisal, however, Sroka Hospitalitg said it believes the property isworthj more. The hotel, located near State Road 64 and Interstated 75in Bradenton, sold in 2004 for $4.3r5 million. Sroka Hospitality purchased it after the company soldits St. Augustinee hotel in favor of having a Holiday Inn Expressbrandedr hotel, according to published reports.
Friday 23 March 2012
Get Qualified Leads With Personalized URLs and Customized Promotional Products ... - MarketWatch (press release)
evlampiyacyxybyw.blogspot.com
Get Qualified Leads With Personalized URLs and Customized Promotional Products ... MarketWatch (press release) WEST PALM BEACH, FL, Mar 22, 2012 (MARKETWIRE via COMTEX) -- Prospecting using personalized URLs (PURLs) and customized promotional products in conjunction with a direct marketing campaign is a sure way to get qualified leads. |
Wednesday 21 March 2012
The entry titled "Ten people rescued at low water crossings in Williamson and ... - Austin American-Statesman (blog)
ivyhofy.wordpress.com
The entry titled "Ten people rescued at low water crossings in Williamson and ... Austin American-Statesman (blog) By Claire Osborn | Tuesday, March 20, 2012, 01:25 PM Emergency crews rescued 10 people from swollen creeks in Williamson and Burnet counties early Tuesday morning, officials said. It took rescuers about two and a half hours to pull a woman and three ... |
Christian Science Monitor | To strike Iran's nuclear facilities or not to strike? Why polls differ. Christian Science Monitor With two recent surveys appearing to offer very different answers to that question, the key to understanding how Americans re » |
Monday 12 March 2012
Gov. Mifflin girls, Berks Catholic boys carrying Berks banner in state playoffs - WFMZ Allentown
cahijisebi.wordpress.com
Gov. Mifflin girls, Berks Catholic boys carrying Berks banner in state playoffs WFMZ » |
Saturday 10 March 2012
Much more on the line this time around - Calgary Herald
iqukikofor.wordpress.com
Much more on the line this time around Calgary Herald The house is divided when it comes to Alberta's Kevin Koe and Jamie Koe of the Northwest Territories-Yukon. The brothers are to meet this afternoon in the 3 vs. 4 Page Playoff game at the Tim Hortons Brier. It's the third time the Koes have met at the ... |
Thursday 8 March 2012
Ohio lawmaker introduces bill to ban new ownership of exotic animals, require ... - Washington Post
http://keroncongemas.com/worldnews/mitt-romneys-new-ad-attacks-newt-gingrich-over-old-ethics-violation/
Ohio lawmaker introduces bill to ban new ownership of exotic animals, require ... Washington Post COLUMBUS, Ohio â€" An Ohio lawmaker is proposing that owners of exotic animals be subjected to background checks and required to fence their property â€" measures supporters say might have saved dozens of lions, tigers, and other wild cre atures that were ... |
Tuesday 6 March 2012
NHL players union: Pull the plug on Phoenix Coyotes - Phoenix Business Journal:
efimtsovavadan.blogspot.com
The Coyotes are in Chapter 11 bankruptcyg reorganization havinglost $316 milliob since moving to Arizona from Winnipegh in 1996. A deal is in the worksw to move the teamto Ontario. “From a perspective, it’s time to pull the Kelly toldThe (Hamilton) Spectator. Kellu did not endorse a move to aspecific market, but questioned whether the Coyotes can be financiallyu viable in Arizona. Research in Motionm CEO Jim Balsillie isoffering $213 millioj for the team and would move it from Glendale to The National Hockey League and city of Glendalew oppose the move and want to find ownerws that would keep the team in Coyotes owner Jerry Moyes put the team into Chaptere 11 in May.
NHL Commissionefr Gary Bettman is fighting the sale to Balsillies saying hockey can be viable in thePhoenid market.
The Coyotes are in Chapter 11 bankruptcyg reorganization havinglost $316 milliob since moving to Arizona from Winnipegh in 1996. A deal is in the worksw to move the teamto Ontario. “From a perspective, it’s time to pull the Kelly toldThe (Hamilton) Spectator. Kellu did not endorse a move to aspecific market, but questioned whether the Coyotes can be financiallyu viable in Arizona. Research in Motionm CEO Jim Balsillie isoffering $213 millioj for the team and would move it from Glendale to The National Hockey League and city of Glendalew oppose the move and want to find ownerws that would keep the team in Coyotes owner Jerry Moyes put the team into Chaptere 11 in May.
NHL Commissionefr Gary Bettman is fighting the sale to Balsillies saying hockey can be viable in thePhoenid market.
Sunday 4 March 2012
Two Years of 2B - Memphis Business Travel Guide
oc697vot.blogspot.com
But be warned: There are no overarching trends here. As is so often the case on the road, these last two years have been almost totally to insane swings in the price of fuel to the apparentluy endless cycleof boom-and-bust that dominates hotel development, and, of to the economic wave that has carried us from the relativelt giddy times of April 2007 to our well…to whatever it is we'r e living and working through. Southwest's Steadu Course Even the nation's one financially soundr U.S. carrier, Southwest Airlines, hasn't been able to escape the ravages ofthe nation's economic collapse.
Its traffic is down about in linewith industry-widr trends and it has taken the unprecedentex step of trimming its overall capacity by 4 percent this year. And the airline's vaunted fuel-hedging which saved the carrierabout $3.5 billiob in the last decade, cost it moneyu in the second half of 2008 as oil prices collapsed. But some thingas never change: Southwest is using the downturn to position itseld as an alternative tothe nation's mainline After decades of shunning some of the largest U.S.
it launched flights to Minneapolis last is scheduled to beginits first-ever flightws into New York (via LaGuardia Airport) in and will serve Boston's Logan Airport in the United's Inexorable Decline It's gone from worst to even worsew than that at United Airlines, the most troublefd of the nation's so-called "legacy" Once the nation's largest airline, United is hemorrhaging after a bungledx mega-bankruptcy and years of management missteps. About 40 percenft of what flies as United Airlines is subcontracted to regiona airlines and much of the remaining servicde isactually code-share operations with its internationakl partners in the Star Alliance.
Evergy one of its unioj contractsbecomes "amendable" next year (airline contractsx never technically expire). Compared with the othed legacy carriers, its cash reserves are smalkl and there are few unencumbered assets to And earlynext year, it will have to discusxs cash-draining "holdbacks" with JP Morgan its credit-card processor. there's no good news, either, since its once-profitable servicee to the Pacific Rim is deteriorating rapidly due to plungintg yields to Asia and fresh competition on its Australia Fate of the Fourthb Class The worldwide collapseof premium-class traffic since last fall has had the expected effect: Airlines have steppede up their discounting in business clasxs and more carriers are adding a fourth which is rather generically known as "premium The discounting trend is both structurally strategic—the airlines now offer a rangd of discounts from three to 60 days beforr departure—and tantalizingly tactical, with sale fares slashing as much as 75 percenr off the price of internationa l business class.
As for premiu economy, Air France added the new cabin on three premiedroutes (from Paris to New York, Tokyo, and But the fate of fourtu class is far from secure. Even as Air France was OpenSkies, British Airways' boutique carrier, was renaming its fourtn cabin asthe "biz seat." The reason? Premium economg still exists in a computer-coded limbo, which makex selling it via the airline industry's omnipresent global reservation services difficult. The Banking Blueds and London RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankersa column that posted shortly after Lehman Brothers tankesd last September.
Exactly in line with the meltdow n ofthe markets, bankers stopped and that has caused the calamitous decline in premium-classw airline revenue. It's been especially tough on British Airways, which is disproportionatelyy dependent on premium flyingh on theNyLon (New York-London) route. And there'as no doubt that BA (and London) are still sufferinf a year on from the disastrous opening weekds of Terminal 5 at Heathrow Airport inMarch 2008. The good news for thoser of us wholove London??
The British capital is cheap agai for upscale American visitors, thanks to massive airfarew and hotel discounts and the precipitoux decline of the value of the British Counterintuitive Currency Just before the world's economies the U.S. dollar was at an unaffordablelow ebb. But for reasonws known only to the masters ofthe universe, the U.S. dollat has gained strength against almost all ofthe world' currencies as the American economy weakened. If you've got any discretionargy income left, this will be a greaft summer to travel virtually anywhere in the The dollar is buying 20 to 50 percent more than last sprinvand summer.
The only exception: Japan, where the dollar continues to languish at or belowthe 100-yen A Fee By Any Other Name Still, it isn't all breadx and dollar-denominated chocolates Banks and other financial institutions continue to raisse the fees they charge when you use your ATM or credit card outside of the United States. The latesyt trick: Currency-exchange fees of 3 percent or more even if you use yourown bank'xs ATM card to make a withdrawal from your own account at an oversea s ATM owned and operated by said Even financial institutions that continur to advertise fee-free ATM usagr are adopting the currencgy gambit.
One example: Charles Schwa b Bank, whose print ads promise in big, bold type that theres are "No ATM fees—we rebate all ATM fees from any ATM. But as Schwab's fine print makes clear, "AT M free rebates do not include currency exchangwe fees orother fees." Some of the few truly fee-frees ports in the storm are the credit cards and ATM cardsz issued by Capital One. The Fine Print… Alloqw me to end this columjn where I began in April I still believe the single best investment you can make inyour on-the-road comfort and productivith is Priority Pass, the worldwide airport-lounge access program.
The fees haven'ft changed, but the lounge network has grown by 20 to more than 600 clubs in300 cities. Portfolio.cojm © 2009 Cond Nast Inc. All rightsreserved.
But be warned: There are no overarching trends here. As is so often the case on the road, these last two years have been almost totally to insane swings in the price of fuel to the apparentluy endless cycleof boom-and-bust that dominates hotel development, and, of to the economic wave that has carried us from the relativelt giddy times of April 2007 to our well…to whatever it is we'r e living and working through. Southwest's Steadu Course Even the nation's one financially soundr U.S. carrier, Southwest Airlines, hasn't been able to escape the ravages ofthe nation's economic collapse.
Its traffic is down about in linewith industry-widr trends and it has taken the unprecedentex step of trimming its overall capacity by 4 percent this year. And the airline's vaunted fuel-hedging which saved the carrierabout $3.5 billiob in the last decade, cost it moneyu in the second half of 2008 as oil prices collapsed. But some thingas never change: Southwest is using the downturn to position itseld as an alternative tothe nation's mainline After decades of shunning some of the largest U.S.
it launched flights to Minneapolis last is scheduled to beginits first-ever flightws into New York (via LaGuardia Airport) in and will serve Boston's Logan Airport in the United's Inexorable Decline It's gone from worst to even worsew than that at United Airlines, the most troublefd of the nation's so-called "legacy" Once the nation's largest airline, United is hemorrhaging after a bungledx mega-bankruptcy and years of management missteps. About 40 percenft of what flies as United Airlines is subcontracted to regiona airlines and much of the remaining servicde isactually code-share operations with its internationakl partners in the Star Alliance.
Evergy one of its unioj contractsbecomes "amendable" next year (airline contractsx never technically expire). Compared with the othed legacy carriers, its cash reserves are smalkl and there are few unencumbered assets to And earlynext year, it will have to discusxs cash-draining "holdbacks" with JP Morgan its credit-card processor. there's no good news, either, since its once-profitable servicee to the Pacific Rim is deteriorating rapidly due to plungintg yields to Asia and fresh competition on its Australia Fate of the Fourthb Class The worldwide collapseof premium-class traffic since last fall has had the expected effect: Airlines have steppede up their discounting in business clasxs and more carriers are adding a fourth which is rather generically known as "premium The discounting trend is both structurally strategic—the airlines now offer a rangd of discounts from three to 60 days beforr departure—and tantalizingly tactical, with sale fares slashing as much as 75 percenr off the price of internationa l business class.
As for premiu economy, Air France added the new cabin on three premiedroutes (from Paris to New York, Tokyo, and But the fate of fourtu class is far from secure. Even as Air France was OpenSkies, British Airways' boutique carrier, was renaming its fourtn cabin asthe "biz seat." The reason? Premium economg still exists in a computer-coded limbo, which makex selling it via the airline industry's omnipresent global reservation services difficult. The Banking Blueds and London RediscoveredIf I've been at all prescient in the last two it was the Run on the Bankersa column that posted shortly after Lehman Brothers tankesd last September.
Exactly in line with the meltdow n ofthe markets, bankers stopped and that has caused the calamitous decline in premium-classw airline revenue. It's been especially tough on British Airways, which is disproportionatelyy dependent on premium flyingh on theNyLon (New York-London) route. And there'as no doubt that BA (and London) are still sufferinf a year on from the disastrous opening weekds of Terminal 5 at Heathrow Airport inMarch 2008. The good news for thoser of us wholove London??
The British capital is cheap agai for upscale American visitors, thanks to massive airfarew and hotel discounts and the precipitoux decline of the value of the British Counterintuitive Currency Just before the world's economies the U.S. dollar was at an unaffordablelow ebb. But for reasonws known only to the masters ofthe universe, the U.S. dollat has gained strength against almost all ofthe world' currencies as the American economy weakened. If you've got any discretionargy income left, this will be a greaft summer to travel virtually anywhere in the The dollar is buying 20 to 50 percent more than last sprinvand summer.
The only exception: Japan, where the dollar continues to languish at or belowthe 100-yen A Fee By Any Other Name Still, it isn't all breadx and dollar-denominated chocolates Banks and other financial institutions continue to raisse the fees they charge when you use your ATM or credit card outside of the United States. The latesyt trick: Currency-exchange fees of 3 percent or more even if you use yourown bank'xs ATM card to make a withdrawal from your own account at an oversea s ATM owned and operated by said Even financial institutions that continur to advertise fee-free ATM usagr are adopting the currencgy gambit.
One example: Charles Schwa b Bank, whose print ads promise in big, bold type that theres are "No ATM fees—we rebate all ATM fees from any ATM. But as Schwab's fine print makes clear, "AT M free rebates do not include currency exchangwe fees orother fees." Some of the few truly fee-frees ports in the storm are the credit cards and ATM cardsz issued by Capital One. The Fine Print… Alloqw me to end this columjn where I began in April I still believe the single best investment you can make inyour on-the-road comfort and productivith is Priority Pass, the worldwide airport-lounge access program.
The fees haven'ft changed, but the lounge network has grown by 20 to more than 600 clubs in300 cities. Portfolio.cojm © 2009 Cond Nast Inc. All rightsreserved.
Friday 2 March 2012
Milan confident over Thiago Silva - ESPN
axilecyqih.wordpress.com
Bleacher Report | Milan confident over Thiago Silva ESPN By ESPNsoccernet staff AC Milan vice-president Adriano G » |
Wednesday 29 February 2012
Assessing corporate space needs pays off for Planon - Silicon Valley / San Jose Business Journal:
http://www.iavias.com/2008/04/amd-phenom-x4-9850-phenom-fixed-but-not-phenomenal/
Planon Inc.’s Web-based software enablews large companies to manage their realestate portfolios, determining how much spacs a company really needs and calculatinhg the real estate savings of creating more mobil e workforces that allow consolidation of properties or As companies focus on cost-cutting acrosxs balance sheets, Planon executives say reducing property and plantr costs becomes paramount. “If you look at a company’s balancw sheet, the second biggest expense can be plantand equipment,” said Jim Nauen, senior vice president of sales and marketing. “It’s a savings to companies that actuallhy does notcut payroll.
” Through modeling with Planon’s software, a company can develop flexible space for those remote It also identifies space unuser by divisions that may have downsized or consolidated. By optimizingb the space it has, a company can eliminate the need to build new space or prompt divestment ofunused “Giving upper management a clear view of space acrosa their entire portfolio leads to some surprisin g conclusions,” Nauen said. The cost savingsd to property owners is translating into revenuew growth forthe company. Last year, it grew totall sales nearly 20 percentto $41.8 millionb with software sales making up 50 percent of U.S.
The balance of sales were of consulting serviceszand support, which the Braintree offic e performs. Nauen said the compant is profitable. Analysts say companies competingh inthis sector, known as integratesd workplace management systems, are poised to benefity from softness in the commerciao real estate market. “Whenever we’re in a situatio where there’s a fair amount of turmoipl in highlyfixed assets, the management of those componentds becomes very important,” said Jack vice president of research at Stamford, Conn.-based Founded 25 yearx ago by CEO Pierre Guelen in the Planon established its U.S. headquarters in Braintree threweyears ago.
The companu has about 15 employees locallyu and expects to grow head count by five to seveb employees by the end of the Nauen said. The company’s strategy has been to use its platforj to allow companies to manag various aspects of a real estat eportfolio — not just space management, but project developmenrt management, maintenance schedules, and, most an application to manage sustainability initiatives. While the company has customersw acrossthe globe, Planon expects North Americah companies, specifically ones with more than 1,0009 employees, to fuel short-term growth. It already counts , and regionapl bank BB&T Corp.
as Heine said these companies are ones that most need specifiv software to managereal estate. “If you have mayb four or five offices, then you mighg be able to manage it ona spreadsheet,” Heine “When you start to talk about larged office complexes, it requires a special The market for certainm aspects of real estate management, specifically financial asseyt management, is dominated by large technology companiex such as SAP AG and Planon’s software competes with dozens of other smalk vendors to provide space management software to companieas and property managers.
Planon Inc.’s Web-based software enablews large companies to manage their realestate portfolios, determining how much spacs a company really needs and calculatinhg the real estate savings of creating more mobil e workforces that allow consolidation of properties or As companies focus on cost-cutting acrosxs balance sheets, Planon executives say reducing property and plantr costs becomes paramount. “If you look at a company’s balancw sheet, the second biggest expense can be plantand equipment,” said Jim Nauen, senior vice president of sales and marketing. “It’s a savings to companies that actuallhy does notcut payroll.
” Through modeling with Planon’s software, a company can develop flexible space for those remote It also identifies space unuser by divisions that may have downsized or consolidated. By optimizingb the space it has, a company can eliminate the need to build new space or prompt divestment ofunused “Giving upper management a clear view of space acrosa their entire portfolio leads to some surprisin g conclusions,” Nauen said. The cost savingsd to property owners is translating into revenuew growth forthe company. Last year, it grew totall sales nearly 20 percentto $41.8 millionb with software sales making up 50 percent of U.S.
The balance of sales were of consulting serviceszand support, which the Braintree offic e performs. Nauen said the compant is profitable. Analysts say companies competingh inthis sector, known as integratesd workplace management systems, are poised to benefity from softness in the commerciao real estate market. “Whenever we’re in a situatio where there’s a fair amount of turmoipl in highlyfixed assets, the management of those componentds becomes very important,” said Jack vice president of research at Stamford, Conn.-based Founded 25 yearx ago by CEO Pierre Guelen in the Planon established its U.S. headquarters in Braintree threweyears ago.
The companu has about 15 employees locallyu and expects to grow head count by five to seveb employees by the end of the Nauen said. The company’s strategy has been to use its platforj to allow companies to manag various aspects of a real estat eportfolio — not just space management, but project developmenrt management, maintenance schedules, and, most an application to manage sustainability initiatives. While the company has customersw acrossthe globe, Planon expects North Americah companies, specifically ones with more than 1,0009 employees, to fuel short-term growth. It already counts , and regionapl bank BB&T Corp.
as Heine said these companies are ones that most need specifiv software to managereal estate. “If you have mayb four or five offices, then you mighg be able to manage it ona spreadsheet,” Heine “When you start to talk about larged office complexes, it requires a special The market for certainm aspects of real estate management, specifically financial asseyt management, is dominated by large technology companiex such as SAP AG and Planon’s software competes with dozens of other smalk vendors to provide space management software to companieas and property managers.
Monday 27 February 2012
Syria: the two sides of President Assad - Telegraph.co.uk
http://twentybayard.com/635/who-will-buy-the-apple-tablet-steve-woz/
World Jewish Congress | Syria: the two sides of President Assad Telegraph.co.uk There are alternatives. We can swim on our own and alongside our friends and brothers, and there are plenty of them.†Without international help, the Syrian opposition is not yet capable of succeeding on its own. The Syrian National Council, ... WJC ANALYSIS - Syria: The search for alternatives to Assad |
Saturday 25 February 2012
Regents approve university tuition increases - Wichita Business Journal:
yjanebixe.wordpress.com
percent for the upcoming It was the highest increase of the statde universities governed bythe , which approvedx the tuition spikes Thursday. The action followexd the tuition increase proposaldthe state’s universities submitted in May. It marks the 15th straighft year tuitionhas increased. , the , WSU submittesd revised proposals that took into account the continued decline of theKansazs economy, the regents say. University and regents’ leaders blam the increases on decreases in state aid forhigher • — 3.5 percent. • Emporia State University — 4 percent. • University of Kansasw — 6 percent. — 6.8 percent. • — 7.
5 The board on Thursday also approvefd KU’s rate for its four-year tuition compact. It is the rate that appliexs for first-time, full-time students who beginh as freshmen in the Fall 2009 This rate, which will be locked-i n for those students over a four-yearr period, was increased by 7 percent. The board on Thursday also decided a majority of the federal stimuluas dollars the state universities will receive for fiscal yearsa 2009 and 2010 will be allocater for deferred building maintenance projects onthosde campuses. Two-thirds, or $26.6 million of the $39.9 milliomn in stimulus funds will be allocatedx to deferredmaintenance projects. A total of $13.
e million will be used for tuitioncost mitigation.
percent for the upcoming It was the highest increase of the statde universities governed bythe , which approvedx the tuition spikes Thursday. The action followexd the tuition increase proposaldthe state’s universities submitted in May. It marks the 15th straighft year tuitionhas increased. , the , WSU submittesd revised proposals that took into account the continued decline of theKansazs economy, the regents say. University and regents’ leaders blam the increases on decreases in state aid forhigher • — 3.5 percent. • Emporia State University — 4 percent. • University of Kansasw — 6 percent. — 6.8 percent. • — 7.
5 The board on Thursday also approvefd KU’s rate for its four-year tuition compact. It is the rate that appliexs for first-time, full-time students who beginh as freshmen in the Fall 2009 This rate, which will be locked-i n for those students over a four-yearr period, was increased by 7 percent. The board on Thursday also decided a majority of the federal stimuluas dollars the state universities will receive for fiscal yearsa 2009 and 2010 will be allocater for deferred building maintenance projects onthosde campuses. Two-thirds, or $26.6 million of the $39.9 milliomn in stimulus funds will be allocatedx to deferredmaintenance projects. A total of $13.
e million will be used for tuitioncost mitigation.
Wednesday 22 February 2012
Tri-State leaders, Brookings tap mutual growth outlook - Business Courier of Cincinnati:
gorbunovabowiper.blogspot.com
Officials at the Washington, D.C.-based knew when they releasesd their Blueprint for American Prosperity last Novembedr that Ohio would be a critica state inthe campaign, just as it is in this year's presidential race. But Brookings has focusec more intensely onthe Tri-State in recengt months, hoping to build upon the time and efforr that elected officials and local busineszs and community leaders have invested in developing plans to grow the region's economic base. And the blueprint has become part of the local conversatiobn aboutthe region's future. "We've really stepped up to identifuy opportunities to support thework they're President Ellen van der Horst said.
"We very much 'We think the work you're doinvg is important, and we'd like to understan how we can be supportive of Plus with thework we're doing in this region, we becoms sort of a beta site for a lot of their work and theirf policy agenda." At a gatherinf at the April 21, University of Cincinnatki President Nancy Zimpher explained to dozens of electecd officials and business and community leaders how Cincinnatui Mayor Mark Mallory's GO Cincinnati plan overlape with the regional Agenda 360 planning which is modeled aftert Northern Kentucky's Vision 2015 plan.
The Brookingds Blueprint, she said, is connected with all of thos efforts because of the federal changes it advocates and what thos e could mean for the regionlong term. "We're a regiojn that's ready. That's what's so exciting about Zimpher said. "All this buildup - identifyingy industry clusters, investing in entrepreneurshipp and commercialization throughCincy Tech. That's all groundwork that Southwest Ohio isready for, and that puts us ahead of the Two policy papers released by Brookings April 22, for recommend new federal approaches to innovation programd and regional industry clusters.
One argues the federalk government should establish a devoted to supportin g business effortsto innovate. The othef calls for the government to establish a federal industryg clusters program to encourage companiess and other groups to organize in clustersx to produce more commercial innovationand higher-payinfg jobs. Both proposals would benefit the Tri-State, said Doug Moormann, vice president of economic development for the Cincinnati USARegional "Anything we can do to spur innovationn is essential because that is one of the placew that America competes best," he "We can't always produce things at the lowesg price anymore, but we can be the people who figuree out how to do it The partnership already has focused on promoting industryt clusters to attract companies that have similar products or services and, need similar resources and labor.
And the GO Cincinnatk plan unveiled earlier this year has a similar focuws as a way to grow the economy andcreatd jobs. The federal government could help by makinhg moreinformation available, Moormann "Right now it is very difficulr to find out which companiesd are in a particular cluster," he said, becaused it keeps that data confidential. The key with both proposala is to make the government ahelpful partner, said Howardc Wial, an economist with Brookings and coauthor of the innovatio n policy paper.
"In our proposal, government doesn't pick which industry to favor," Wial "We think that there is plenty of room for this sort of innovatiob in just aboutany industry." And Tri-State busineses leaders hope it starts The Brookings Institution's Metropolitan Policy Program unveiled its Blueprint for Americanb Prosperity campaign last year. The goal is to changr the federal government's approach towarrd the nation's metropolitan areas, which account for the vast majoritty ofthe country's population, jobs and wealth.
Brookingz released two new policy papers as part of the campaignmApril 22: "Boosting Productivity, Innovation and Growtn through a National Innovation Foundation" and "Clusterxs and Competitiveness: A New Federal Role for Stimulating Regional Economies." More informatioh at www.brookings.edu under recent research and commentary.
Officials at the Washington, D.C.-based knew when they releasesd their Blueprint for American Prosperity last Novembedr that Ohio would be a critica state inthe campaign, just as it is in this year's presidential race. But Brookings has focusec more intensely onthe Tri-State in recengt months, hoping to build upon the time and efforr that elected officials and local busineszs and community leaders have invested in developing plans to grow the region's economic base. And the blueprint has become part of the local conversatiobn aboutthe region's future. "We've really stepped up to identifuy opportunities to support thework they're President Ellen van der Horst said.
"We very much 'We think the work you're doinvg is important, and we'd like to understan how we can be supportive of Plus with thework we're doing in this region, we becoms sort of a beta site for a lot of their work and theirf policy agenda." At a gatherinf at the April 21, University of Cincinnatki President Nancy Zimpher explained to dozens of electecd officials and business and community leaders how Cincinnatui Mayor Mark Mallory's GO Cincinnati plan overlape with the regional Agenda 360 planning which is modeled aftert Northern Kentucky's Vision 2015 plan.
The Brookingds Blueprint, she said, is connected with all of thos efforts because of the federal changes it advocates and what thos e could mean for the regionlong term. "We're a regiojn that's ready. That's what's so exciting about Zimpher said. "All this buildup - identifyingy industry clusters, investing in entrepreneurshipp and commercialization throughCincy Tech. That's all groundwork that Southwest Ohio isready for, and that puts us ahead of the Two policy papers released by Brookings April 22, for recommend new federal approaches to innovation programd and regional industry clusters.
One argues the federalk government should establish a devoted to supportin g business effortsto innovate. The othef calls for the government to establish a federal industryg clusters program to encourage companiess and other groups to organize in clustersx to produce more commercial innovationand higher-payinfg jobs. Both proposals would benefit the Tri-State, said Doug Moormann, vice president of economic development for the Cincinnati USARegional "Anything we can do to spur innovationn is essential because that is one of the placew that America competes best," he "We can't always produce things at the lowesg price anymore, but we can be the people who figuree out how to do it The partnership already has focused on promoting industryt clusters to attract companies that have similar products or services and, need similar resources and labor.
And the GO Cincinnatk plan unveiled earlier this year has a similar focuws as a way to grow the economy andcreatd jobs. The federal government could help by makinhg moreinformation available, Moormann "Right now it is very difficulr to find out which companiesd are in a particular cluster," he said, becaused it keeps that data confidential. The key with both proposala is to make the government ahelpful partner, said Howardc Wial, an economist with Brookings and coauthor of the innovatio n policy paper.
"In our proposal, government doesn't pick which industry to favor," Wial "We think that there is plenty of room for this sort of innovatiob in just aboutany industry." And Tri-State busineses leaders hope it starts The Brookings Institution's Metropolitan Policy Program unveiled its Blueprint for Americanb Prosperity campaign last year. The goal is to changr the federal government's approach towarrd the nation's metropolitan areas, which account for the vast majoritty ofthe country's population, jobs and wealth.
Brookingz released two new policy papers as part of the campaignmApril 22: "Boosting Productivity, Innovation and Growtn through a National Innovation Foundation" and "Clusterxs and Competitiveness: A New Federal Role for Stimulating Regional Economies." More informatioh at www.brookings.edu under recent research and commentary.
Monday 20 February 2012
Extended Stay Hotels files Chapter 11 - bizjournals Business Travel Guide
humojo.wordpress.com
The Spartanburg, S.C.-based company filed the reorganization petitiomn in New Yorkbankruptcy court, Secretary and Generalp Counsel Joseph Teichman writing that Extended Stay had abou $7.1 billion in assets and $7.6 billiobn in liabilities at the end of 2008. Extended whose more than 680 propertiesz are managed byHVM LLC, has 21 locations in the Houston area. The companyh bills itself as the largest operatoeof mid-priced extended-stay hotels in the Teichman in a court filin on Monday wrote that the company sought protection from creditors amid a general downturn in the hospitality industry and a hit takenh as fewer potential customers need the company’s “Since the typical Extended Stay customer seeks a lengtht stay based on commercial relocation, the contraction of constructionh and new business developmeny began to significantly and adversely affected Extended Stay’s revenue Teichman w rote.
The company said its average revenue per room dropped about 23 percent in the first five months of the year compared with the same periodof 2008. As a it was unable to deal with its debt burdenn with cash flow and is seekinga “comprehensive restructurinv of the entire capital Extended Stay said it plans to run operationes following the Chapter 11 petitionb under a lender-approved arrangement using cash collateral. Debtor-in-possessio n financing won’t be needed, the company About 9,900 employees work in hotels operated byExtendexd Stay. The company is in 44 stated and hasabout 77,000 rooms.
The Spartanburg, S.C.-based company filed the reorganization petitiomn in New Yorkbankruptcy court, Secretary and Generalp Counsel Joseph Teichman writing that Extended Stay had abou $7.1 billion in assets and $7.6 billiobn in liabilities at the end of 2008. Extended whose more than 680 propertiesz are managed byHVM LLC, has 21 locations in the Houston area. The companyh bills itself as the largest operatoeof mid-priced extended-stay hotels in the Teichman in a court filin on Monday wrote that the company sought protection from creditors amid a general downturn in the hospitality industry and a hit takenh as fewer potential customers need the company’s “Since the typical Extended Stay customer seeks a lengtht stay based on commercial relocation, the contraction of constructionh and new business developmeny began to significantly and adversely affected Extended Stay’s revenue Teichman w rote.
The company said its average revenue per room dropped about 23 percent in the first five months of the year compared with the same periodof 2008. As a it was unable to deal with its debt burdenn with cash flow and is seekinga “comprehensive restructurinv of the entire capital Extended Stay said it plans to run operationes following the Chapter 11 petitionb under a lender-approved arrangement using cash collateral. Debtor-in-possessio n financing won’t be needed, the company About 9,900 employees work in hotels operated byExtendexd Stay. The company is in 44 stated and hasabout 77,000 rooms.
Saturday 18 February 2012
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Atlanta Business Chronicle:
adamovaichive.blogspot.com
Kokam’s , to be dubbed Summit Batterg Park, would employ an estimated 900 peoplw with average annual salaries of Kokam President Don Nissankaw has said he hope s to break ground before the end ofthe year, probably at a site of more than 40 acresx in the vicinity of Kokam’s current 50,000-square-foot Lee’s Summit plant. Nissanka was out of the country Mondauyand couldn’t be reached for comment.
Kokam, a startu p founded in October 2005, burst into the limelight this picked Kansas City for an assembly facilith largely becauseof Kokam’s And with federal stimulus dollars and states money seeking advanced-battery-makers, a joint venture involving Kokakm landed a commitment in Aprilp of nearly $145 million in incentivese from Michigan to build a battery planr there that’s similar to the one planned locally. The group also appliesd for federalstimulus money. Schaefer, R-Columbia, sent a letter to Nixob on Thursday proposing that financing be cutby $11.45 million combined for Kokam’s Lee’s Summit plant and anotherd battery plant in Joplin to help preserv e $31.
2 million in financing for the in Columbia, which Schaefer called the cornerstone of a $200 millionh hospital project. “Every indication that I’mm getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probablu would kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizena of Missouri is always going to win out over givingg public funds to a private company for abattergy plant,” Schaefer said. “Nobody has told me that the lower amountg wouldkill (Kokam’s Lee’e Summit) project.
” Nixon spokesman Scotrt Holste said the governor will have an announcement abour the budget bill before June 30, the end of Missouri’xs fiscal year. Nixon and his staff have been reviewinh the budgetbill “line by line to determine what the state can afford,” Holste said, and they want to keep centralp services in place. Jim Devine, CEO of the l, said he thoughft Schaefer’s proposal was “not as serious” a threatf as the EDC first thought, “but you never know in politics.” The EDC issuef a release Friday encouraging Nixon to keep theKokajm plant’s financing fully in place.
Kokam’s , to be dubbed Summit Batterg Park, would employ an estimated 900 peoplw with average annual salaries of Kokam President Don Nissankaw has said he hope s to break ground before the end ofthe year, probably at a site of more than 40 acresx in the vicinity of Kokam’s current 50,000-square-foot Lee’s Summit plant. Nissanka was out of the country Mondauyand couldn’t be reached for comment.
Kokam, a startu p founded in October 2005, burst into the limelight this picked Kansas City for an assembly facilith largely becauseof Kokam’s And with federal stimulus dollars and states money seeking advanced-battery-makers, a joint venture involving Kokakm landed a commitment in Aprilp of nearly $145 million in incentivese from Michigan to build a battery planr there that’s similar to the one planned locally. The group also appliesd for federalstimulus money. Schaefer, R-Columbia, sent a letter to Nixob on Thursday proposing that financing be cutby $11.45 million combined for Kokam’s Lee’s Summit plant and anotherd battery plant in Joplin to help preserv e $31.
2 million in financing for the in Columbia, which Schaefer called the cornerstone of a $200 millionh hospital project. “Every indication that I’mm getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probablu would kill the entire $200 million project. “Spending public funds on a cancer hospital owned by the citizena of Missouri is always going to win out over givingg public funds to a private company for abattergy plant,” Schaefer said. “Nobody has told me that the lower amountg wouldkill (Kokam’s Lee’e Summit) project.
” Nixon spokesman Scotrt Holste said the governor will have an announcement abour the budget bill before June 30, the end of Missouri’xs fiscal year. Nixon and his staff have been reviewinh the budgetbill “line by line to determine what the state can afford,” Holste said, and they want to keep centralp services in place. Jim Devine, CEO of the l, said he thoughft Schaefer’s proposal was “not as serious” a threatf as the EDC first thought, “but you never know in politics.” The EDC issuef a release Friday encouraging Nixon to keep theKokajm plant’s financing fully in place.
Thursday 16 February 2012
Abandoned properties could worsen the hurricane season - South Florida Business Journal:
uqyvemiwu.wordpress.com
More than 101,000 residences in South Floridaz sat empty for three months or more as of according tothe . Many of these likelyg were bank-owned, in the process of foreclosure or the assetxof cash-strapped developers. In the even of a hurricane warning, many experts doubt most lenderse would have the coordination and capabilitgy to fortify those homes with shuttersor boards. Sincd banks almost never respond to homeowner associationn complaints about poor conditions atabandoneds bank-owned properties, they probably won’t be proactive in protecting thesse properties from a hurricane, said Ken Direktor, an attorney at Fort Lauderdale-basedf who represents numerous homeowner associations.
Most banks and mortgage-servicinhg companies are overwhelmedwith foreclosures, and can’t effectivelt manage them all, he said. “I would be shockex if banks mobilize in front of a Direktor said. “A hurricane now would be absolutely catastrophic. The negative effect on the community would bemultipliecd exponentially.” Bill Hardin, director of real estatee programs at , said foreclosures held by mortgage-backed securitiexs would be must vulnerable. He doubts that most MBS servicing companies have the capabilities to mitigate propert losses beforea hurricane.
If there’sa a pending foreclosure on a home and thebank hasn’ft taken possession of it, then the lende r can’t legally enter the property and secure it. A homeownerr or renter still living there mightf protect the home fortheir safety, but an abandone home facing foreclosure would be less likely to have a Some condo associations have the ability to enter abandoned homes and secures them, but homeowner associations do not, said Donnas Berger, executive director of the Plantation-basedd .
has a plan for hurricanes that includese contracts with property management companies and bank employeez to make sure propertieseare storm-ready, said Nancy Norris, a spokeswoman for the which also services mortgages for other lenders. “When there is a threat, we have a businessx resiliencyteam that’s always on top of emergency she said. “We are confident that we will get the job When a homeowner stops paying a mortgageand insurance, or when a propertty becomes bank-owned, the lender covers the property throughb a blanket insurance policy called forced coverage. Theses expensive policies cover the outstandingmortgage amount, regardless of the valu of the property.
These policies usually don’f require the bank to do anything to protect a property fromstormj damage, said William Berk, an attorney who representws insurance companies as a partner with Corapl Gables-based . But, the aftermath of a hurricane could providw opportunities for savvy investors to buy damaged homeas from banks on the repair them andresell them, said Petefr Zalewski, CEO of Bal Harbour-basef . “I can’t imagine a lender repairintg a property damaged by a hurricanee beforeselling it,” he said. “For a it could be a catastrophe, and for it could be a great opportunity.” THE DETAILS: Nobody’s home Palm Beacyh County: 36,348 residences, or 5.
3 percentf Broward County: 37,707 residences, or 4.6 percent Miami-Dad County: 27,700 residences, or 2.9 percent Source: U.S. Postal Servic e
More than 101,000 residences in South Floridaz sat empty for three months or more as of according tothe . Many of these likelyg were bank-owned, in the process of foreclosure or the assetxof cash-strapped developers. In the even of a hurricane warning, many experts doubt most lenderse would have the coordination and capabilitgy to fortify those homes with shuttersor boards. Sincd banks almost never respond to homeowner associationn complaints about poor conditions atabandoneds bank-owned properties, they probably won’t be proactive in protecting thesse properties from a hurricane, said Ken Direktor, an attorney at Fort Lauderdale-basedf who represents numerous homeowner associations.
Most banks and mortgage-servicinhg companies are overwhelmedwith foreclosures, and can’t effectivelt manage them all, he said. “I would be shockex if banks mobilize in front of a Direktor said. “A hurricane now would be absolutely catastrophic. The negative effect on the community would bemultipliecd exponentially.” Bill Hardin, director of real estatee programs at , said foreclosures held by mortgage-backed securitiexs would be must vulnerable. He doubts that most MBS servicing companies have the capabilities to mitigate propert losses beforea hurricane.
If there’sa a pending foreclosure on a home and thebank hasn’ft taken possession of it, then the lende r can’t legally enter the property and secure it. A homeownerr or renter still living there mightf protect the home fortheir safety, but an abandone home facing foreclosure would be less likely to have a Some condo associations have the ability to enter abandoned homes and secures them, but homeowner associations do not, said Donnas Berger, executive director of the Plantation-basedd .
has a plan for hurricanes that includese contracts with property management companies and bank employeez to make sure propertieseare storm-ready, said Nancy Norris, a spokeswoman for the which also services mortgages for other lenders. “When there is a threat, we have a businessx resiliencyteam that’s always on top of emergency she said. “We are confident that we will get the job When a homeowner stops paying a mortgageand insurance, or when a propertty becomes bank-owned, the lender covers the property throughb a blanket insurance policy called forced coverage. Theses expensive policies cover the outstandingmortgage amount, regardless of the valu of the property.
These policies usually don’f require the bank to do anything to protect a property fromstormj damage, said William Berk, an attorney who representws insurance companies as a partner with Corapl Gables-based . But, the aftermath of a hurricane could providw opportunities for savvy investors to buy damaged homeas from banks on the repair them andresell them, said Petefr Zalewski, CEO of Bal Harbour-basef . “I can’t imagine a lender repairintg a property damaged by a hurricanee beforeselling it,” he said. “For a it could be a catastrophe, and for it could be a great opportunity.” THE DETAILS: Nobody’s home Palm Beacyh County: 36,348 residences, or 5.
3 percentf Broward County: 37,707 residences, or 4.6 percent Miami-Dad County: 27,700 residences, or 2.9 percent Source: U.S. Postal Servic e
Tuesday 14 February 2012
Lawyer trio close firm, join Vedder Price - Phoenix Business Journal:
yzirapogyg.wordpress.com
is a boutique firm -- a platform that “had its pluses and minuses,” said who founded the firm in 1996. “It’s good at what it does but is limitef in what itcan do.” Jagtiani+Guttag’s handfu l of lawyers interviewed 64 law firms over the past two yearsw to find the right placer to take their clients to. Jagtiani said it was tougnh finding a right match for his unusual firm -- a small intellectual property boutique firm. “Vedder Price was a good, solic fit,” said Jagtiani, which has client such areas as diagnostics, genomics, and “We brought chemistry and biotechnology and they adderd substantial capabilitiesto us.
” Vedder, a 250-attorneh firm with other offices in Chicago and New offers a complete range of IP services, includinhg patents, trademarks and copyrights, as well as intellectua property litigation. The attorney trio -- all registered to practicd withthe U.S. Pateny and Trademark Office -- is already working for Vedder, but Jagtiani+Gutta g on Democracy Lane is still being woune down and will officially close in acoupld months.
is a boutique firm -- a platform that “had its pluses and minuses,” said who founded the firm in 1996. “It’s good at what it does but is limitef in what itcan do.” Jagtiani+Guttag’s handfu l of lawyers interviewed 64 law firms over the past two yearsw to find the right placer to take their clients to. Jagtiani said it was tougnh finding a right match for his unusual firm -- a small intellectual property boutique firm. “Vedder Price was a good, solic fit,” said Jagtiani, which has client such areas as diagnostics, genomics, and “We brought chemistry and biotechnology and they adderd substantial capabilitiesto us.
” Vedder, a 250-attorneh firm with other offices in Chicago and New offers a complete range of IP services, includinhg patents, trademarks and copyrights, as well as intellectua property litigation. The attorney trio -- all registered to practicd withthe U.S. Pateny and Trademark Office -- is already working for Vedder, but Jagtiani+Gutta g on Democracy Lane is still being woune down and will officially close in acoupld months.
Sunday 12 February 2012
Residents encouraged to attend volunteer orientation at AIWC - Airdrie City View
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Residents encouraged to attend volunteer orientation at AIWC Airdrie City View Airdrie residents are encouraged to take part in an upcoming volunteer orientation at the Alberta Institute for Wildlife Conservation (AIWC). “Being a volunteer at the AIWC is a completely unique opportunity,†said Tara Tamasi, director of wildlife ... |
Friday 10 February 2012
Everything You Need to Know: Waivers, Flexibility, and Reforming No Child Left ... - The White House (blog)
adepylex.blogspot.com
The White House (blog) | Everything You Need to Know: Waivers, Flexibility, and Reforming No Child Left ... The White House (blog) States have reformed teacher and principal evaluations to better determine which ones are effective and which ones aren't, and developed support systems to help the less effective ones improve. President Obama offered every state a deal: If you're ... No Child Left Behind: 10 States Receive Waivers, Raising Debate on Education ... |
Wednesday 8 February 2012
Madoff gets 150 years in prison - St. Louis Business Journal:
amesit.wordpress.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's scheme. The mastermindf behind the biggest Ponzi schemein U.S. historyt was sentenced on Mondauy morning in federal court in Manhattan to 150 year sbehind bars, the maximum requesteed by federal prosecutors. Madoff's attorney had asked for a far more lenienty sentence of12 years. In sentencing Madoff, U.S. District Judgse Denny Chin called thefraud “staggering” and said that the “breacj of trust was massive.” The judge describesd his acts as “extraordinarily evil.
” “Nlo other white-collar case is comparablew in terms of the scope, duratiomn and enormity of the fraux and the degree of the betrayal,” Chin said. Madoffg confessed in March to 11 counts including money laundering theft and amongother things. His victim reportedly number morethan 1,300 and stretch acrosws the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heard from nine of the victimes who talked about the devastation Madoff’s fraud had caused to theird lives and their families. Many of Madoff’s wealthyy clients lived in South Florida and lost their life savingse tohis scheme.
Fox, 86, said she is still furiouas that the and the federal government didn’t expose Madoff’s frauds earlier. “The SEC is just as guilty as Madoff and theyfaile us. Nobody seems to do anything about it,” Fox said. She also took issure with the large fees being paid to people such asIrvinv H. Picard, the trustee who is handlinb the liquidation ofBernard L. Madoff Investment Securities. “The trustew Picard is making hisown rules. They’re payingy these guys millionsof dollars. It would be bettert to pay theinvestors directly,” Fox said.
Fox, a widowq who once worked as secretary in New said sheinvested $50,000 in 1987 because she was relatexd to Madoff’s accountant, Jerry Horowitz. She said she was able to get some mone back from Social Securittypayments she’d made over the years on “phantom” incomse from Madoff accounts. However, she is worried that her disbursementsa may eventually be targeted in clawback efforts by the trustee in bankruptcu proceedings who has begun sending out letterws demanding the return of profits derived from their Guy Fronstin a Boca Raton attorney who hasadvisef Fox, said the government has “bee good about refunding taxes quickly” but therr are delays in processing claimsx to the Securities Investor Protectioj Corporation.
“Some of the people I know are too busy with thesde other issues to really care that much aboug whathappened today. They believed he wouldf spend the rest of his daysin jail,” Fronsti said. Jan Atlas, an attorney with Adorno said he believes the court had little choices but to levy the maximum sentencron Madoff. “I don’t think the victimds should have been victimized again by having him be able to leavee prisonone day,” said Atlas, whose firm continues to advisd clients about tax returns and possiblgy future claims against investment advisors who invested with Madoff.
“I’nm wondering if the trustee will be able to locate more than the billiom plusthat he’s located, and what is the real Atlas said. In addition to his prisonb term, Madoff was ordered to forfeitnearlhy $170 billion, which represents the proceeds of, and property involved in certain of his according to a news release from the U.S. Departmentt of Justice. “While today’s sentence is an importantr milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southerbn District of New said in anews release. “We are focused on restraining and liquidating assets to maximizs recoveries forthe victims.
”
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarsto Madoff's scheme. The mastermindf behind the biggest Ponzi schemein U.S. historyt was sentenced on Mondauy morning in federal court in Manhattan to 150 year sbehind bars, the maximum requesteed by federal prosecutors. Madoff's attorney had asked for a far more lenienty sentence of12 years. In sentencing Madoff, U.S. District Judgse Denny Chin called thefraud “staggering” and said that the “breacj of trust was massive.” The judge describesd his acts as “extraordinarily evil.
” “Nlo other white-collar case is comparablew in terms of the scope, duratiomn and enormity of the fraux and the degree of the betrayal,” Chin said. Madoffg confessed in March to 11 counts including money laundering theft and amongother things. His victim reportedly number morethan 1,300 and stretch acrosws the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heard from nine of the victimes who talked about the devastation Madoff’s fraud had caused to theird lives and their families. Many of Madoff’s wealthyy clients lived in South Florida and lost their life savingse tohis scheme.
Fox, 86, said she is still furiouas that the and the federal government didn’t expose Madoff’s frauds earlier. “The SEC is just as guilty as Madoff and theyfaile us. Nobody seems to do anything about it,” Fox said. She also took issure with the large fees being paid to people such asIrvinv H. Picard, the trustee who is handlinb the liquidation ofBernard L. Madoff Investment Securities. “The trustew Picard is making hisown rules. They’re payingy these guys millionsof dollars. It would be bettert to pay theinvestors directly,” Fox said.
Fox, a widowq who once worked as secretary in New said sheinvested $50,000 in 1987 because she was relatexd to Madoff’s accountant, Jerry Horowitz. She said she was able to get some mone back from Social Securittypayments she’d made over the years on “phantom” incomse from Madoff accounts. However, she is worried that her disbursementsa may eventually be targeted in clawback efforts by the trustee in bankruptcu proceedings who has begun sending out letterws demanding the return of profits derived from their Guy Fronstin a Boca Raton attorney who hasadvisef Fox, said the government has “bee good about refunding taxes quickly” but therr are delays in processing claimsx to the Securities Investor Protectioj Corporation.
“Some of the people I know are too busy with thesde other issues to really care that much aboug whathappened today. They believed he wouldf spend the rest of his daysin jail,” Fronsti said. Jan Atlas, an attorney with Adorno said he believes the court had little choices but to levy the maximum sentencron Madoff. “I don’t think the victimds should have been victimized again by having him be able to leavee prisonone day,” said Atlas, whose firm continues to advisd clients about tax returns and possiblgy future claims against investment advisors who invested with Madoff.
“I’nm wondering if the trustee will be able to locate more than the billiom plusthat he’s located, and what is the real Atlas said. In addition to his prisonb term, Madoff was ordered to forfeitnearlhy $170 billion, which represents the proceeds of, and property involved in certain of his according to a news release from the U.S. Departmentt of Justice. “While today’s sentence is an importantr milestone, the investigation is Lev L. Dassi, acting U.S. Attorney for the Southerbn District of New said in anews release. “We are focused on restraining and liquidating assets to maximizs recoveries forthe victims.
”
Sunday 5 February 2012
myFreightWorld loads up cost-cutting, sales push to deliver positive results - Houston Business Journal:
ocybakenos.wordpress.com
Cost-cutting and a renewed sales focus, alonf with a deal that positioned it in thepublic market, have the business service s outsourcing company steering toward abou t $40 million in managed revenuew this year and positioned for futuree growth. myFreightWorld, based in Overland Park, offeras wholesale online services — such as Web rate-quoting systems and tracking systems for third-party logistics providers, which coordinatd shipments. The company wasn’t losing clients, but the volumed its clients were handling had takeja hit, and myFreightWorld gets paid on a transactiobn basis.
“Our short-term process focus cleaned up some ills, but we can’tr stay in the short term,” Presidenr Mike Head said. “Nobody knows for sure whether the economy hasbottomec out, so you have to stay on your toes and have But, as Head found, some of those short-term efforts bring improvements that promiswe long-term results, as well. DRIVE DOWN NOT EFFICIENCY As business hitthe skids, Head began cutting any discretionary spending. The company cut a quartefr of workers, from about 55 to 40. He taskedx his information technology staff with prioritizing projects that would increaser efficiency to make duties easier withfewet employees.
One tool they created automated the input of client An auditing tool that points out likelhy errors introubled shipments, rather than requiring someone to look througy the entire order, brought at least four times more Even when myFreightWorld began replacin g lost business — it’s now back to, as Head put it, “pre-tsunamii levels” — the diminished staff could handle the Taking a hard look at processes has brought greater productivity, he The move had broader effects, too. Work for myFreightWorld varies based onthe client. In some cases, stafc handles tasks such as making sure shipmentrarrangements work. In otherd cases, clients do the tracking.
So when the IT departmenr improved efficiency formyFreightWorld functions, customers felt it. , based in Calif., has been a client for a coupldeof years, using primarily the tool that helpsa determine the cost of Vice President Mark Christos said. The functiob has allowed the company to avoid adding staff and thus avoid layoffs when volumezfell — and increase the productivity in that area by 15 “It’s a significant contributor to our efficiency,” Christoz said. When the job ax fell, it didn’t touch the sales made up of contract workers paid primarilyon commission. Head said, myFreightWorld increased the sales force from 10to 17.
With suppresses volumes for existing customers, the compan sought new ones to make up the It hammeredthe cost-saving potential of outsourcing to a message that rings true for third-party logistics provider s these days. Industry revenue will fall about 7 percentrto $118 billion this year, comparee with $127 billion last year, according to , a Wisconsin-baser supply-chain research and consulting firm. That’ds the first year-to-year drop since the firm bega tracking the datain 1996. Even in it won’t revert to 2008 levels — the firm estimater that revenue willreach $125 “I think everybody’s looking for opportunities to save money,” said John Wagnef Jr.
, president of North Kansas City-basedr logistics provider , which isn’t a myFreightWorld client. “Idf you can reduce your in-house staff by payinfg a fee, I think that’x something people are looking at.” myFreightWorld also addec IT staff, including one outside employee and another from adifferent department. That group sped up effortsa to refine electronic processesand products. Some enhancementse added features to existing products that the salew force could sell tocurrent customers, leveraginb the sales staff’s efforts, Head The sales push has yielded results, helping speecd along deals.
For example, on April 29, the compang announced that it had reacheda four-year IT and back-office services deal with Headhaul.com that woulde bring an estimated $15 million in revenue durin 12 months. myFreightWorld leaders went througgh every line item on the balance questioning what value each expenditure brought the compan y and whether the same thing was availablefor less. For it stopped using an outsidecoffee service. Head offered one employeer an extra hour of pay each day to oversewe the cleanliness ofthe kitchen, wantiny to keep money among employees.
Cost-cutting and a renewed sales focus, alonf with a deal that positioned it in thepublic market, have the business service s outsourcing company steering toward abou t $40 million in managed revenuew this year and positioned for futuree growth. myFreightWorld, based in Overland Park, offeras wholesale online services — such as Web rate-quoting systems and tracking systems for third-party logistics providers, which coordinatd shipments. The company wasn’t losing clients, but the volumed its clients were handling had takeja hit, and myFreightWorld gets paid on a transactiobn basis.
“Our short-term process focus cleaned up some ills, but we can’tr stay in the short term,” Presidenr Mike Head said. “Nobody knows for sure whether the economy hasbottomec out, so you have to stay on your toes and have But, as Head found, some of those short-term efforts bring improvements that promiswe long-term results, as well. DRIVE DOWN NOT EFFICIENCY As business hitthe skids, Head began cutting any discretionary spending. The company cut a quartefr of workers, from about 55 to 40. He taskedx his information technology staff with prioritizing projects that would increaser efficiency to make duties easier withfewet employees.
One tool they created automated the input of client An auditing tool that points out likelhy errors introubled shipments, rather than requiring someone to look througy the entire order, brought at least four times more Even when myFreightWorld began replacin g lost business — it’s now back to, as Head put it, “pre-tsunamii levels” — the diminished staff could handle the Taking a hard look at processes has brought greater productivity, he The move had broader effects, too. Work for myFreightWorld varies based onthe client. In some cases, stafc handles tasks such as making sure shipmentrarrangements work. In otherd cases, clients do the tracking.
So when the IT departmenr improved efficiency formyFreightWorld functions, customers felt it. , based in Calif., has been a client for a coupldeof years, using primarily the tool that helpsa determine the cost of Vice President Mark Christos said. The functiob has allowed the company to avoid adding staff and thus avoid layoffs when volumezfell — and increase the productivity in that area by 15 “It’s a significant contributor to our efficiency,” Christoz said. When the job ax fell, it didn’t touch the sales made up of contract workers paid primarilyon commission. Head said, myFreightWorld increased the sales force from 10to 17.
With suppresses volumes for existing customers, the compan sought new ones to make up the It hammeredthe cost-saving potential of outsourcing to a message that rings true for third-party logistics provider s these days. Industry revenue will fall about 7 percentrto $118 billion this year, comparee with $127 billion last year, according to , a Wisconsin-baser supply-chain research and consulting firm. That’ds the first year-to-year drop since the firm bega tracking the datain 1996. Even in it won’t revert to 2008 levels — the firm estimater that revenue willreach $125 “I think everybody’s looking for opportunities to save money,” said John Wagnef Jr.
, president of North Kansas City-basedr logistics provider , which isn’t a myFreightWorld client. “Idf you can reduce your in-house staff by payinfg a fee, I think that’x something people are looking at.” myFreightWorld also addec IT staff, including one outside employee and another from adifferent department. That group sped up effortsa to refine electronic processesand products. Some enhancementse added features to existing products that the salew force could sell tocurrent customers, leveraginb the sales staff’s efforts, Head The sales push has yielded results, helping speecd along deals.
For example, on April 29, the compang announced that it had reacheda four-year IT and back-office services deal with Headhaul.com that woulde bring an estimated $15 million in revenue durin 12 months. myFreightWorld leaders went througgh every line item on the balance questioning what value each expenditure brought the compan y and whether the same thing was availablefor less. For it stopped using an outsidecoffee service. Head offered one employeer an extra hour of pay each day to oversewe the cleanliness ofthe kitchen, wantiny to keep money among employees.
Friday 3 February 2012
How Campaign Goofs Expose Candidates' Lack of Attention - Yahoo! Contributors Network
efimtsovavadan.blogspot.com
Los Angeles Times | How Campaign Goofs Expose Candidates' Lack of Attention Yahoo! Contributors Network By Dan Rackley By Dan Rackley | Yahoo! Contributor Network â€" 12 hrs ago This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world's most popular websites. A snapshot of Mitt Romney Newt Pulls Out » |
Wednesday 1 February 2012
Dr. David Classen and Stanley Pestotnik Join Pascal Metrics - Sacramento Bee
iwyqaxewun.wordpress.com
Dr. David Classen and Stanley Pestotnik Join Pascal Metrics Sacramento Bee By Pascal Metrics WASHINGTON, Jan. 31, 2012 -- /PRNewswire/ -- Pascal Metrics is pleased to announce that Dr. David Classen has joined Pascal Metrics as Chief Medical Information Officer (CMIO) and Stanley Pestotnik as Senior Advisor. |
Monday 30 January 2012
Squamous Cell Subgroups Respond Differently to Treatment - Medscape
xiwyxucupewox.blogspot.com
Squamous Cell Subgroups Respond Differently to Treatment Medscape January 27, 2012 (Phoenix, Arizona) â€" A long-term follow-up of patients with head and neck squamous cell carcinoma suggests that only certain high-risk subgroups benefit from radiation plus chemotherapy. This information will spare patients who will ... |
Saturday 28 January 2012
Finding the right Property - Dayton Business Journal:
sucujovide.wordpress.com
The professor asked the students to come back afteer a break if they wanted to learn how tobecome millionaires. Monroe, self-described as "youngh and dumb," at the time, returned. His professo r told the class that buying investmentg properties could makethem rich, if they did it Monroe kept that lecture in the back of his mind for aboutt four years. In 1983, he bought his first rentaol property, a six-unit apartment building on Salekm Avenue in the DaytonView area. Now a boarsd member of the and Realtorfor , Monroe owns 50 housing unites at 12 locations throughout Troy and Tipp City.
Afteer 22 years of owning investmentproperties -- 13 of whicnh were dedicated to full-time rental management -- Monroe emphasizesw the importance of having a business plan before investing. Aside from having a potential landlords need to realize that owning investmenty properties likely will take more time and moneyh thanthey anticipate, investors say. They also need to choosse properties that fit their schedulesand Plus, landlords advise potential investors to approach the endeavor withoutf emotion so they can make good busineses decisions.
"I never fall in love with one of mybusinesw houses," said Marsha Grosmann, president of the and sole proprietor of the , the Dayton-bases company through which she manages her rentalk properties. Grosmann, who teaches real estatse investment classes through a companycalled , took her time beforw she and her husband, who is treasurer of the Greater Daytonm Real Estate Investors Association, purchased an investment The couple owns , a companyu that buys and sells homes across the country. John who has managed his rentaldsfor decades, has a few tips for newcomeras to the field. Prepare to lose money when an occupanrtmoves out.
To prepare a unit before new tenantsemove in, the landlord may have painting and other maintenance And unless the ownef can find a new tenant fast, the unit will be emptyu -- and no rent will be paid -- for a Take the time to find good By law, landlords must dip into their own pocketws to move an occupant's belongings into storage when they evic t someone, and John racked up a $1,0009 bill for that very move in a recent he said. Stand your groune with tenants. The longer an owner waits to evicf atenant who's not paying rent, the more it's goingg to cost. Always screen tenants. Criminal bad credit and prior evictions can alert a landlord to a potentiakproblem occupant, he said.
Write a specificd lease. John learns from past mistakes by addingt sections to his lease whenever he has problemsswith tenants, he said. When he first his lease was one now, it's 11. As investors gain they learn what type of properties are suited for MarshaGrosmann said. She sticks with buying the typesw of homes that will be the most manageable for her andher husband: For she buys one-stories so she doesn'tr need a ladder, and she buys bricjk homes so she doesn't have to paint. It's hard to sell one-bedroomm apartments because single peopl will want an extra room for a computetror television, she said, so she generally buys unitws with two bedrooms.
Rentals will be easier to leaseif they'rre in low-crime areas and away from busy roadws where traffic could make the home unattractive, Grossman said. Monroe has learned over the years how many and what typess of properties are best forhis lifestyle. In he bought 100 units in a bulk bringing his total number of investmentsto 300, but learnee in the next few yeare that managing all those properties was Plus, those properties were older and took more time to He has since consolidated and focused his purchasesx on more expensive, newer rentalx that take less efforgt to maintain and less time in renter Now that he's down to a more manageables number of units, Monroe is making less but he's content.
He now has time to sell too. "I do my real estate activitiea andmy rentals," he said. "I'm alwayws looking for other opportunities."
The professor asked the students to come back afteer a break if they wanted to learn how tobecome millionaires. Monroe, self-described as "youngh and dumb," at the time, returned. His professo r told the class that buying investmentg properties could makethem rich, if they did it Monroe kept that lecture in the back of his mind for aboutt four years. In 1983, he bought his first rentaol property, a six-unit apartment building on Salekm Avenue in the DaytonView area. Now a boarsd member of the and Realtorfor , Monroe owns 50 housing unites at 12 locations throughout Troy and Tipp City.
Afteer 22 years of owning investmentproperties -- 13 of whicnh were dedicated to full-time rental management -- Monroe emphasizesw the importance of having a business plan before investing. Aside from having a potential landlords need to realize that owning investmenty properties likely will take more time and moneyh thanthey anticipate, investors say. They also need to choosse properties that fit their schedulesand Plus, landlords advise potential investors to approach the endeavor withoutf emotion so they can make good busineses decisions.
"I never fall in love with one of mybusinesw houses," said Marsha Grosmann, president of the and sole proprietor of the , the Dayton-bases company through which she manages her rentalk properties. Grosmann, who teaches real estatse investment classes through a companycalled , took her time beforw she and her husband, who is treasurer of the Greater Daytonm Real Estate Investors Association, purchased an investment The couple owns , a companyu that buys and sells homes across the country. John who has managed his rentaldsfor decades, has a few tips for newcomeras to the field. Prepare to lose money when an occupanrtmoves out.
To prepare a unit before new tenantsemove in, the landlord may have painting and other maintenance And unless the ownef can find a new tenant fast, the unit will be emptyu -- and no rent will be paid -- for a Take the time to find good By law, landlords must dip into their own pocketws to move an occupant's belongings into storage when they evic t someone, and John racked up a $1,0009 bill for that very move in a recent he said. Stand your groune with tenants. The longer an owner waits to evicf atenant who's not paying rent, the more it's goingg to cost. Always screen tenants. Criminal bad credit and prior evictions can alert a landlord to a potentiakproblem occupant, he said.
Write a specificd lease. John learns from past mistakes by addingt sections to his lease whenever he has problemsswith tenants, he said. When he first his lease was one now, it's 11. As investors gain they learn what type of properties are suited for MarshaGrosmann said. She sticks with buying the typesw of homes that will be the most manageable for her andher husband: For she buys one-stories so she doesn'tr need a ladder, and she buys bricjk homes so she doesn't have to paint. It's hard to sell one-bedroomm apartments because single peopl will want an extra room for a computetror television, she said, so she generally buys unitws with two bedrooms.
Rentals will be easier to leaseif they'rre in low-crime areas and away from busy roadws where traffic could make the home unattractive, Grossman said. Monroe has learned over the years how many and what typess of properties are best forhis lifestyle. In he bought 100 units in a bulk bringing his total number of investmentsto 300, but learnee in the next few yeare that managing all those properties was Plus, those properties were older and took more time to He has since consolidated and focused his purchasesx on more expensive, newer rentalx that take less efforgt to maintain and less time in renter Now that he's down to a more manageables number of units, Monroe is making less but he's content.
He now has time to sell too. "I do my real estate activitiea andmy rentals," he said. "I'm alwayws looking for other opportunities."
Wednesday 25 January 2012
Florida unemployment rate down slightly - South Florida Business Journal:
http://tremblaymotors.com/3-techniques.html
of a percentage point, to 9.6 percent from 9.8 perceng in March. However, it’s still up 4 percentages points from the same time last yearand 0.7 of a percentagew point higher than the national rate of 8.9 The April rate represents 885,000 jobless out of a laboe force of 9.2 million. Palm Beach’s unemploymengt rate of 9.7 percent was highert than the state average and upfrom 5.1 percent a year ago. Browar d County’s rate was 8.3 up from 4.2 percent last Miami-Dade’s rate was 8 percent, up from 5.1 percentt a year ago. The highest unemployment in the stat e was inFlagler County, where the unemployment rate hit 14.4 St. Lucie County followed, with 12.
7 percent There were 24 Florida countieswith double-digitg unemployment rates in April 2009, down from 29 in Marchy 2009. The number of jobs in Floridaa wasdown 380,300 in April comparecd to a year ago. The job loss continues the trendof over-the-yeard declines that began in August 2007. The downturn started with declines in construction but has now spreas to almost all other major according tothe . Construction, reacting to continuedd weakness in thehousingb market, is losing 105,200 jobs over the down 19.8 percent. Construction losses account for more than 26 percenf of total job losses inthe state.
of a percentage point, to 9.6 percent from 9.8 perceng in March. However, it’s still up 4 percentages points from the same time last yearand 0.7 of a percentagew point higher than the national rate of 8.9 The April rate represents 885,000 jobless out of a laboe force of 9.2 million. Palm Beach’s unemploymengt rate of 9.7 percent was highert than the state average and upfrom 5.1 percent a year ago. Browar d County’s rate was 8.3 up from 4.2 percent last Miami-Dade’s rate was 8 percent, up from 5.1 percentt a year ago. The highest unemployment in the stat e was inFlagler County, where the unemployment rate hit 14.4 St. Lucie County followed, with 12.
7 percent There were 24 Florida countieswith double-digitg unemployment rates in April 2009, down from 29 in Marchy 2009. The number of jobs in Floridaa wasdown 380,300 in April comparecd to a year ago. The job loss continues the trendof over-the-yeard declines that began in August 2007. The downturn started with declines in construction but has now spreas to almost all other major according tothe . Construction, reacting to continuedd weakness in thehousingb market, is losing 105,200 jobs over the down 19.8 percent. Construction losses account for more than 26 percenf of total job losses inthe state.
Monday 23 January 2012
General aviation airports see signs that better times may not be far away - Wichita Business Journal:
tarpleypymibujuh1491.blogspot.com
After a six-month period that has seen the industrgy take hits to its public perception andbottom line, they say a return of consumer confidence and lowert fuel prices point toward a blue sky ahead. “If you’re comparint it to a year ago, yeah, we’ve seen a says Mid West Corporate Aviation CEOMarvin Autry. things are starting to level out.” Autry estimates his busineses at is down by 15 percentr since this timelast year. Fuel salese at Jabara in March weredown 16.87 percent compared to a year ago. However, fuel sales went from 61,76o9 gallons in February to 66,184 gallons in March. Fuel usage has dropped at the .
Even so, official s there also are seeing signs ofa rebound. Melisssa McCoy, spokesperson for the Salins Airport Authority, says March’s fuel total of 182,20r gallons was the lowest leveo seen since theearly 90s. But the number of totalk operations in the first quarterwere 16,842. That’z a 1.2 percent decline from last but, she says, it’s a sign thingx are leveling off. T.W. manager of the , has 114 aircraft basexd at his airport. Although his hangars remain he says he has seen a drop in the numbe of aircraft stopping to But with spring in the air and theweathe clearing, Anderson says more people are returninhg to flying their piston-driven planes.
Those airplanes burn AVgas, and Anderso says sales increased 5 percenytin April. “I think what we’re seeing is more now that they have a better handle on the are going back to He has seen a drop in jet fuelsalese though, which he says are down 20 percentr from this time last year. crews aren’t flyingy through Newton as theyused to. Andersoj says of the 30 business jets used on the circuir to fly support teama to andfrom events, Newton typically sees 6 to 10 a season, stoppinhg through between coasts. But he says as more crews fly commercialo tocut costs, just one of the NASCAR jets has stopper there.
The cost of fuel has dropped dramatically in the past In Newton, AVgas has fallen from $4.8u8 a gallon at this time last year, to At Jabara, prices are down to $4.3o a gallon. Similar drops in jet fuel prices couldd begin spurring more business jet usageas well. Accordingv to the , the averagew price of jet fuel $58.40 a barrel as of May 1 is down 58.7 percenft from this time a year ago. For lower prices mean more incentivewto fly, whether for business or for fun. And althougy he thinks traffic levels will reboundby 2010, leveling off now means the ascent back to thosse levels is coming. “I think thingd have hit a he says.
“I think people are startinvg to have more confidence inthe
After a six-month period that has seen the industrgy take hits to its public perception andbottom line, they say a return of consumer confidence and lowert fuel prices point toward a blue sky ahead. “If you’re comparint it to a year ago, yeah, we’ve seen a says Mid West Corporate Aviation CEOMarvin Autry. things are starting to level out.” Autry estimates his busineses at is down by 15 percentr since this timelast year. Fuel salese at Jabara in March weredown 16.87 percent compared to a year ago. However, fuel sales went from 61,76o9 gallons in February to 66,184 gallons in March. Fuel usage has dropped at the .
Even so, official s there also are seeing signs ofa rebound. Melisssa McCoy, spokesperson for the Salins Airport Authority, says March’s fuel total of 182,20r gallons was the lowest leveo seen since theearly 90s. But the number of totalk operations in the first quarterwere 16,842. That’z a 1.2 percent decline from last but, she says, it’s a sign thingx are leveling off. T.W. manager of the , has 114 aircraft basexd at his airport. Although his hangars remain he says he has seen a drop in the numbe of aircraft stopping to But with spring in the air and theweathe clearing, Anderson says more people are returninhg to flying their piston-driven planes.
Those airplanes burn AVgas, and Anderso says sales increased 5 percenytin April. “I think what we’re seeing is more now that they have a better handle on the are going back to He has seen a drop in jet fuelsalese though, which he says are down 20 percentr from this time last year. crews aren’t flyingy through Newton as theyused to. Andersoj says of the 30 business jets used on the circuir to fly support teama to andfrom events, Newton typically sees 6 to 10 a season, stoppinhg through between coasts. But he says as more crews fly commercialo tocut costs, just one of the NASCAR jets has stopper there.
The cost of fuel has dropped dramatically in the past In Newton, AVgas has fallen from $4.8u8 a gallon at this time last year, to At Jabara, prices are down to $4.3o a gallon. Similar drops in jet fuel prices couldd begin spurring more business jet usageas well. Accordingv to the , the averagew price of jet fuel $58.40 a barrel as of May 1 is down 58.7 percenft from this time a year ago. For lower prices mean more incentivewto fly, whether for business or for fun. And althougy he thinks traffic levels will reboundby 2010, leveling off now means the ascent back to thosse levels is coming. “I think thingd have hit a he says.
“I think people are startinvg to have more confidence inthe
Saturday 21 January 2012
Van Dyck reopening - Portland Business Journal:
ramsdenjerrieas54.blogspot.com
Its new owners, the McDonald family, invested $500,00p to remodel the landmark jazz venue, located in the heart of the city’s historic Stockad e area. “It’s a great and we hope it will be adestinatiohn place. We think it’s goinbg to be great addition todowntown Schenectady,” said Jeff who will manage the venuse with several cousins. The McDonalds also own Pinhead Susan’s, and . All are locatec in Schenectady. A microbrewery located in a buildinb behind theVan Dyck—built by former owner N. Peter Olsen—will open in three or four The beer brewed therw will be sold at the Van Dyck andthe family’s othe r three venues, McDonald said.
The Van Dyck will serv lunch and dinner Mondaythrough Friday, and dinnerf on Saturday. It will feature live vocal and comedy entertainment Thursdayythrough Saturday, beginning the week of July 7. The mid-pricex menu will offer sandwiches, paninis, specialtu pizzas and American cuisine. Renovations on the historic jazz club includer mahogany paneling and a refinishedmahoganh banister, mosaic flooring in the bar new carpeting and an expanded The outdoor patio is newlyu landscaped, with a privacy fence that has new cobbleston e pavers. The center stairwell in the lobby was moved to the righty for betterpatron flow, and the bar was shortenedf to create more dining space.
“We’re really happy with how thingdturned out,” McDonald said. The entertainment room seatzs 150; the restaurant, bar and patio areas seat another 175. Olsemn closed the Van Dyck in March 2007. The McDonaldws brought the propertyat 235-237 Uniobn St. for $252,000 at plus $147,000 in back taxes after Olsenh defaulted ontwo loans. The family also paid $70,00o for the brewing equipment. Olsen had defaulted on $525,000 in loands from and the Development Authority. The bank recovered its money throughthe auction.
Metroplex received some monet through the auction and is suing Olsen to recoverthe rest, Metroplexs Chairman Ray Gillen has In all, the McDonaldxs invested more than $1 million in the restaurant/entertainmengt venue since purchasing it in October McDonald said. A list of upcoming entertainmenty is available onthe club’s Web .
Its new owners, the McDonald family, invested $500,00p to remodel the landmark jazz venue, located in the heart of the city’s historic Stockad e area. “It’s a great and we hope it will be adestinatiohn place. We think it’s goinbg to be great addition todowntown Schenectady,” said Jeff who will manage the venuse with several cousins. The McDonalds also own Pinhead Susan’s, and . All are locatec in Schenectady. A microbrewery located in a buildinb behind theVan Dyck—built by former owner N. Peter Olsen—will open in three or four The beer brewed therw will be sold at the Van Dyck andthe family’s othe r three venues, McDonald said.
The Van Dyck will serv lunch and dinner Mondaythrough Friday, and dinnerf on Saturday. It will feature live vocal and comedy entertainment Thursdayythrough Saturday, beginning the week of July 7. The mid-pricex menu will offer sandwiches, paninis, specialtu pizzas and American cuisine. Renovations on the historic jazz club includer mahogany paneling and a refinishedmahoganh banister, mosaic flooring in the bar new carpeting and an expanded The outdoor patio is newlyu landscaped, with a privacy fence that has new cobbleston e pavers. The center stairwell in the lobby was moved to the righty for betterpatron flow, and the bar was shortenedf to create more dining space.
“We’re really happy with how thingdturned out,” McDonald said. The entertainment room seatzs 150; the restaurant, bar and patio areas seat another 175. Olsemn closed the Van Dyck in March 2007. The McDonaldws brought the propertyat 235-237 Uniobn St. for $252,000 at plus $147,000 in back taxes after Olsenh defaulted ontwo loans. The family also paid $70,00o for the brewing equipment. Olsen had defaulted on $525,000 in loands from and the Development Authority. The bank recovered its money throughthe auction.
Metroplex received some monet through the auction and is suing Olsen to recoverthe rest, Metroplexs Chairman Ray Gillen has In all, the McDonaldxs invested more than $1 million in the restaurant/entertainmengt venue since purchasing it in October McDonald said. A list of upcoming entertainmenty is available onthe club’s Web .
Thursday 19 January 2012
Trustees discuss Joe Paterno's firing - ESPN
plesciamipukoa1855.blogspot.com
Trustees discuss Joe Paterno's firing ESPN AP NEW YORK -- Penn State's trustees agonized over the future of legendary football coach Joe Paterno but ultimately decided to fire the Hall of Famer in part over what they said was his failure to go to authorities with a report of alleged sexual ... |
Tuesday 17 January 2012
Swine flu pandemic declared; Colorado cases at 75 - Atlanta Business Chronicle:
dyakonostrlin.blogspot.com
WHO raised its pandemic warning level for H1N1 fluto six, the highestg level. RESOURCES: See links and informationm at the end ofthis report. The declaration meanes infections are spreading around the worlcd but is not an indication of how serioud thesymptoms are. Many health experts say swin flu is generally no more or less dangerous that the usualseasonalo flu. The Geneva-based agency said 27,737 cases of H1N1 flu has been confirmef in74 nations, causing at least 141 deaths. "At this earlh stage, the pandemic can be characterized globallyu as being moderatein severity," a WHO statemen said.
It did not call for international travel or tradde restrictions or border In Colorado, no deathsz from H1N1 flu have been reported. In the Unitee States, the latest tally from the federaklis 13,217 confirmed cases nationwide and 27 deaths. The only other nations with morethan 1,000 confirmexd cases are Mexico, with 5717; Canada, with Chile, with 1,694; and Australia, with 1,224, WHO The last declared pandemic was the Hong Kong flu outbreaki of 1968, which killed about 1 millio n people worldwide, the Associated Press The CDC and other health authorities say that those with flu-like symptoms should avoid contact with others, stay home from work, and seek treatmenty only if seriously ill.
"It is expected that most peoplre will recover without needing medical theCDC says. • Cover your nose and mouthn with a tissue when you coughor sneeze. Throw the tissue in the trash afterd youuse it. • Wash your hands ofteb with soapand water, especially after you cougn or sneeze. Alcohol-based hand cleaners are also effective. Try to avoid closre contact withsick people. In May, the Denver-basedf "Upgrade hygiene protocols for both officew environments and employees including maintenanceof air-conditioninbg systems and sanitation of common areas such as bathrooms, kitchens, and elevators. "Advise employee to stay home if theyfeel ill.
And to contacty their personal physicians if theyhave flu-likde symptoms. "Review leave policies related to Will pay provisions be relaxed to encourage employees to stay at home if they arepotentiall contagious? Assure that your policies do not discouragwe workers from staying home if they are. "Checkk and follow health advisories priodr to sending employees on business travel to affectefd areas or temporarily suspend travel tothose areas." In the event of a more serious turn in the flu the MSEC advises these actions: "Identify core activitiesw essential for business continuity and the skillsa necessary to stay operational. Cross-training of employeew may be required.
"Explore how work woul d continue if half your workforce is not at Absenteeism rates between20 percent-60 percent coulsd be expected during the height of the pandemic. "Provids equipment and support for employees to telecommute if theirjobs 'Social distancing' is a key tactic to limi t the spread of the virus. "Encourage flex hourz to avoid overcrowdingthe workplace. "Reviewe corporate-wide insurance policies, specifically disability, salary continuance, business travel and life insurancer related tothe pandemic. Communicatd policy provisions to employees." Additional information is availablefrom swine-flhu websites established by the , the and the .
The Coloradol Department of Public Health and Environment's information line for the swinse flu is 877-462-2911.
WHO raised its pandemic warning level for H1N1 fluto six, the highestg level. RESOURCES: See links and informationm at the end ofthis report. The declaration meanes infections are spreading around the worlcd but is not an indication of how serioud thesymptoms are. Many health experts say swin flu is generally no more or less dangerous that the usualseasonalo flu. The Geneva-based agency said 27,737 cases of H1N1 flu has been confirmef in74 nations, causing at least 141 deaths. "At this earlh stage, the pandemic can be characterized globallyu as being moderatein severity," a WHO statemen said.
It did not call for international travel or tradde restrictions or border In Colorado, no deathsz from H1N1 flu have been reported. In the Unitee States, the latest tally from the federaklis 13,217 confirmed cases nationwide and 27 deaths. The only other nations with morethan 1,000 confirmexd cases are Mexico, with 5717; Canada, with Chile, with 1,694; and Australia, with 1,224, WHO The last declared pandemic was the Hong Kong flu outbreaki of 1968, which killed about 1 millio n people worldwide, the Associated Press The CDC and other health authorities say that those with flu-like symptoms should avoid contact with others, stay home from work, and seek treatmenty only if seriously ill.
"It is expected that most peoplre will recover without needing medical theCDC says. • Cover your nose and mouthn with a tissue when you coughor sneeze. Throw the tissue in the trash afterd youuse it. • Wash your hands ofteb with soapand water, especially after you cougn or sneeze. Alcohol-based hand cleaners are also effective. Try to avoid closre contact withsick people. In May, the Denver-basedf "Upgrade hygiene protocols for both officew environments and employees including maintenanceof air-conditioninbg systems and sanitation of common areas such as bathrooms, kitchens, and elevators. "Advise employee to stay home if theyfeel ill.
And to contacty their personal physicians if theyhave flu-likde symptoms. "Review leave policies related to Will pay provisions be relaxed to encourage employees to stay at home if they arepotentiall contagious? Assure that your policies do not discouragwe workers from staying home if they are. "Checkk and follow health advisories priodr to sending employees on business travel to affectefd areas or temporarily suspend travel tothose areas." In the event of a more serious turn in the flu the MSEC advises these actions: "Identify core activitiesw essential for business continuity and the skillsa necessary to stay operational. Cross-training of employeew may be required.
"Explore how work woul d continue if half your workforce is not at Absenteeism rates between20 percent-60 percent coulsd be expected during the height of the pandemic. "Provids equipment and support for employees to telecommute if theirjobs 'Social distancing' is a key tactic to limi t the spread of the virus. "Encourage flex hourz to avoid overcrowdingthe workplace. "Reviewe corporate-wide insurance policies, specifically disability, salary continuance, business travel and life insurancer related tothe pandemic. Communicatd policy provisions to employees." Additional information is availablefrom swine-flhu websites established by the , the and the .
The Coloradol Department of Public Health and Environment's information line for the swinse flu is 877-462-2911.
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