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Now, the home is going up for auctioJune 12. The group is enrolled in the Buildinh Trades Program at Erie 1 BOCESw PotterCareer & Technical Centerd where they gained hands-on experience of all construction phasesw — from rough framing to finishy carpentry — when they built a 1,344 square-foot house in the parkin g lot this past school year. As part of the two-yeadr program, and incorporated in the class project, studentsd participated in foundation andfloor framing, wall ceiling and roof framing, interior/exteriorr finish and cabinet making. They also learned abouyt building codes, blue prin t designs, plumbing and electrical systems.
Instructorz David Grieco and Brian Toth oversaw the which includesthree bedrooms, a full bathroom, a master suitre bathroom with a jet tub, and a first-flooer laundry room. As part of the process, upgradeds and enhancements were made so students coulc learn of changes affect the workdat in theconstruction field. “These extras give the students theexperience they’ll need when they graduatr and find a job in this field. They’lk be able to tell a future ‘yes, I’ve done Grieco said.
More than $45,000 in materialss was purchased to complete the house constructed at Over the lastseven years, the average sale price of similaer homes built by students at Technical Center in Cheektowaga is around This year, auction attendees can choos from two that were built by Erie 1 BOCES studentw and their instructors, as the Harkness Career completexd its project, too. Between both projects, around 35 studenta built the houses. On June 12, both will be auctioned to the highestt bidders at therespective sites: The Potter house will be auctioned at 9:00 a.m., the Harknesw house an hour later. Proceedse will go toward building supplies fornext year’sx class.
Monday, December 31, 2012
Sunday, December 30, 2012
Cashing in on aging boomers - Pittsburgh Business Times:
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“People wanted nothing to do with thematurew market,” said Maddy Dychtwald, senior vice president of the company in San Now, the consumer products and services industry can’t stop thinking abou t the mature market, especially since a baby boomer turna 50 every 8½ seconds. At 78 million boomers represent one-third of all adults in the United They control half ofthe nation’s wealth and, at leas t before the recession, were spending $2 trillion on consumer products and services a Boomers were expected to account for about 40 percent of spending by 2015, accordiny to a report in 2007.
So, retailers and marketers are eagert to figure out how to reach this Some in the consumed products and services industry are gettingit right, whilr many others still have much to learn and lose, said experts who specializew in marketing to baby boomers. Marketinbg to this 19-year generation is proviny tricky. Although boomers are lumped together, they’rw a diverse group with divergent life experiencez given that they range in age from 44to 63. And like the rest of the they range from affluent to financially The way to market to boomers is by individual life stag esegments — such as empty-nesters and grandparentd — without mentioning age, consultants said.
“They refuse to be callecd seniors. That is the worst thingy you can do tothis group,” said Alice a Roseville baby boomer who advises companiess on generational marketing and teachew seminars and classes on the topic, includinh through UC Davis Extension. Although generalizing of boomerse should bedone sparingly, older baby boomers refuse to grow up. They thinj old age starts arounr 75or 80, said Matt founder of , a marketingh research and consulting firm in Boomers see themselves as vibrant and They like trying new services and despite the myth that they are spokesman Anthony Deluise said.
The association of peopld 50 and older no longerruses “retired” in its name. Boomers like print advertising because they want lotsof information. Boomers also pay attentiobn tonew media, and will click on eye-catching Interne ads. This generation also likes products, servicesx and shopping experiences that make them feel specialland pampered, consultants said. They don’t want to merelt eat or buy things. They want to dine; they want experiences. This is especiallg true since therecession started.
Many boomers who are 60 had expectef to retire over the nextfive Now, they will likely work an extrs three to five years because of their hard-hit investments and pensions, Dychtwald said. The good news is they won’tg be on a fixed income and willstillo spend. But their free time will be more More boomers will be working and raisinf children or grandchildren whil also dealing with their ownsick parents. As a result, “experiencw over things become valued,” Dychtwald “There is a real shift going on right now on what peoplerare valuing.” Boomers in particular want to be responsiblwe consumers.
“It’s not about buying stufc to have stuff,” Thornhill said. Lifestyle centerx — which combine upscale stores with entertainment and comfortable places tolingef — provide the experiences that boomers Local examples are Sacramento’s Pavilions center and The Fountainxs in Roseville.
“People wanted nothing to do with thematurew market,” said Maddy Dychtwald, senior vice president of the company in San Now, the consumer products and services industry can’t stop thinking abou t the mature market, especially since a baby boomer turna 50 every 8½ seconds. At 78 million boomers represent one-third of all adults in the United They control half ofthe nation’s wealth and, at leas t before the recession, were spending $2 trillion on consumer products and services a Boomers were expected to account for about 40 percent of spending by 2015, accordiny to a report in 2007.
So, retailers and marketers are eagert to figure out how to reach this Some in the consumed products and services industry are gettingit right, whilr many others still have much to learn and lose, said experts who specializew in marketing to baby boomers. Marketinbg to this 19-year generation is proviny tricky. Although boomers are lumped together, they’rw a diverse group with divergent life experiencez given that they range in age from 44to 63. And like the rest of the they range from affluent to financially The way to market to boomers is by individual life stag esegments — such as empty-nesters and grandparentd — without mentioning age, consultants said.
“They refuse to be callecd seniors. That is the worst thingy you can do tothis group,” said Alice a Roseville baby boomer who advises companiess on generational marketing and teachew seminars and classes on the topic, includinh through UC Davis Extension. Although generalizing of boomerse should bedone sparingly, older baby boomers refuse to grow up. They thinj old age starts arounr 75or 80, said Matt founder of , a marketingh research and consulting firm in Boomers see themselves as vibrant and They like trying new services and despite the myth that they are spokesman Anthony Deluise said.
The association of peopld 50 and older no longerruses “retired” in its name. Boomers like print advertising because they want lotsof information. Boomers also pay attentiobn tonew media, and will click on eye-catching Interne ads. This generation also likes products, servicesx and shopping experiences that make them feel specialland pampered, consultants said. They don’t want to merelt eat or buy things. They want to dine; they want experiences. This is especiallg true since therecession started.
Many boomers who are 60 had expectef to retire over the nextfive Now, they will likely work an extrs three to five years because of their hard-hit investments and pensions, Dychtwald said. The good news is they won’tg be on a fixed income and willstillo spend. But their free time will be more More boomers will be working and raisinf children or grandchildren whil also dealing with their ownsick parents. As a result, “experiencw over things become valued,” Dychtwald “There is a real shift going on right now on what peoplerare valuing.” Boomers in particular want to be responsiblwe consumers.
“It’s not about buying stufc to have stuff,” Thornhill said. Lifestyle centerx — which combine upscale stores with entertainment and comfortable places tolingef — provide the experiences that boomers Local examples are Sacramento’s Pavilions center and The Fountainxs in Roseville.
Saturday, December 29, 2012
Crescent files Chapter 11, replaces CEO - Orlando Business Journal:
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The moves are part of an effor t to cutthe company’s debt and rework its capitapl structures, the Charlotte, N.C.-based developer says. and some of its subsidiariesd have filed voluntary Chapter 11 petitions in the in the Westerhn Districtof Texas, Austin Division. Crescentr also announced today thatArthur Fields, the company’x chief executive officer, has retired, effective He will continue to work in an advisory Crescent had been struggling to refinance a $1.2 billion loan, with paymentg due in full by September 2012. The company amended the loan in June 2008 because it was in violatiomn of theoriginal terms.
Before the Chapter 11 Crescent faced paymentsof $50 millioj by the end of this year, $75 million in 2010 and $100 million in 2011 on its debt. The company, whichj has developed more than 1 million squares feet of office spacse in Cool Springs sincethe 1990s, has been facing local troubles, too. Pat Crescent’s long-time vice presidentr and regional manager in left the companylast month. And the developer’ Crescent’s Greenway One, a $33 million, 168,000-square-foot buildin g near completion onCarothers Parkway, has been boarded up for monthxs as contractors filed millions of dollarsw in liens against it.
Another similarly sizeed Crescent project next to it is about 90 percenft vacant a year afterbeing built. The company says it plands to continue businesses without any significant interruptionduring restructuring. Cresceny has obtained a debtor-in-possessionm financing facilityof $110 million from a groulp of its existing lenders, which will provide funds so it can continur operating. Andrew Hede will replace Fields as CEO and will be chargee with leadingthe restructuring. Hede, a managin director with LLC, has more than 15 years of financial restructuringh andbusiness experience.
“We have been in active discussionsz with our lenders and other stakeholders as we work toward an agreement that will bring our capitapl structure in line with the currenyteconomic environment,” Hede says in a release. “Those discussions are continuing, and we are pleased with the ongoiny support we have received from our We intend to reachu an agreement on our new capitapl structure and emerge frombankruptcy
The moves are part of an effor t to cutthe company’s debt and rework its capitapl structures, the Charlotte, N.C.-based developer says. and some of its subsidiariesd have filed voluntary Chapter 11 petitions in the in the Westerhn Districtof Texas, Austin Division. Crescentr also announced today thatArthur Fields, the company’x chief executive officer, has retired, effective He will continue to work in an advisory Crescent had been struggling to refinance a $1.2 billion loan, with paymentg due in full by September 2012. The company amended the loan in June 2008 because it was in violatiomn of theoriginal terms.
Before the Chapter 11 Crescent faced paymentsof $50 millioj by the end of this year, $75 million in 2010 and $100 million in 2011 on its debt. The company, whichj has developed more than 1 million squares feet of office spacse in Cool Springs sincethe 1990s, has been facing local troubles, too. Pat Crescent’s long-time vice presidentr and regional manager in left the companylast month. And the developer’ Crescent’s Greenway One, a $33 million, 168,000-square-foot buildin g near completion onCarothers Parkway, has been boarded up for monthxs as contractors filed millions of dollarsw in liens against it.
Another similarly sizeed Crescent project next to it is about 90 percenft vacant a year afterbeing built. The company says it plands to continue businesses without any significant interruptionduring restructuring. Cresceny has obtained a debtor-in-possessionm financing facilityof $110 million from a groulp of its existing lenders, which will provide funds so it can continur operating. Andrew Hede will replace Fields as CEO and will be chargee with leadingthe restructuring. Hede, a managin director with LLC, has more than 15 years of financial restructuringh andbusiness experience.
“We have been in active discussionsz with our lenders and other stakeholders as we work toward an agreement that will bring our capitapl structure in line with the currenyteconomic environment,” Hede says in a release. “Those discussions are continuing, and we are pleased with the ongoiny support we have received from our We intend to reachu an agreement on our new capitapl structure and emerge frombankruptcy
Friday, December 28, 2012
KC Concepcion's Twitter Blunder - Manila Bulletin
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KC Concepcion's Twitter Blunder Manila Bulletin MANILA, Philippines - KC Concepcion had netizens wailing in disapproval when she wrongly mentioned that stand-up comedian Vice Ganda won the Best Actor Award during the recently concluded Metro Manila Film Festival Award's Night held at the ... |
Wednesday, December 26, 2012
Tedco awards $600K to tech firms - Houston Business Journal:
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The money was granted in collaborationj withthe U.S. Army Medical Researcyh and Materiel Command and the throughthe Ft. Detrick Technology Transfed Initiative. The purpose of the technology transfe r program is to raise awareness of new and developintg technologies and funding them to transitioj as viable projectsfor follow-on funding in the market place. Each company that received funding was awardedapproximately $50,0090 between March 2008 and May 2009, making up the initiative’w second round of financial awardws since its $750,000 program extension. The funds for the program’ s second phase were secured by Sen. Barbarwa Mikulski, D-Md., and Rep. Roscose G. Bartlett, R-Md.
“The [Ft. Detric k Technology Transfer Initiative] program is enabling area businesses to harness the technologiesa being developed at Fort Detrick and apply them to the commercial said Mikulski. “This will lead to new products that have the powee to create jobs andsave lives.” Mikulski announced the firsf phase of the tech transfer program in March 2005 when 11 companies receive d funding. in Rockville: The company is developing a health care technolog y calledmiTag system, which is a scalabler wireless sensor solution for improving patient in Frederick: The company is developing a technology calleed the GeNova Screen to identify, and produce antibody-like molecules.
in The company is developing an on-demand biotech products includinf a combination vaccine against plaguesand anthrax. BioAssay Works LLC in The company is developinga lateral-flow visualp diagnostic test to detect and differentiatwe single sample multiple pathogenic poxviruses, includinhg variola, vaccinia, and monkeypox. in Catonsville: The company is safety-testinfg a medical product called which isa non-compressible, intracavitary hemostatic agent. CynerGened IDMP in Frederick: The companhy is developing, validating and implementing a supplemental diagnosisof HIV, and Dengue using its Infectious Diseasew Multiplex Panel approach, which could allow for creation of biosensors.
LLC in Baltimore: The companyg is developing required components and system frameworlk to enable conversational interfaces fortelemedicind tools. Such tools would allow professionap medics touse voice, gesture, and othefr human-- computer interactions to accesz and document information in electronid medical records. in Rockville: The company is developing technology to preserve mammalian cell in dried format that can easilybe re-hydratec for a variety of uses. LLC in The company is evaluatingf the effect of Imagilin patented probiotics as a food supplement to enhancwe the immune responsiveness of guinea pigs upon immunization or challengew withvirulent pathogens.
The evaluation will suggest the abilituy of Imagilin patented probiotics to enhance the immunization of a in Baltimore: The company is developing micropatternerd substrates for viral infectivity assays. Juxtopiw in Baltimore: The company is customizing its Wearable Assistance and SituationaoAwareness (WASA) goggles and service to allo w U.S. Army combat medics to acces s and document information to electrical medical recordsvia hands-free voice-requests and voice-responses. in Baltimore: The company is developinh cell therapies to treat brain and spinalcord injuries.
The money was granted in collaborationj withthe U.S. Army Medical Researcyh and Materiel Command and the throughthe Ft. Detrick Technology Transfed Initiative. The purpose of the technology transfe r program is to raise awareness of new and developintg technologies and funding them to transitioj as viable projectsfor follow-on funding in the market place. Each company that received funding was awardedapproximately $50,0090 between March 2008 and May 2009, making up the initiative’w second round of financial awardws since its $750,000 program extension. The funds for the program’ s second phase were secured by Sen. Barbarwa Mikulski, D-Md., and Rep. Roscose G. Bartlett, R-Md.
“The [Ft. Detric k Technology Transfer Initiative] program is enabling area businesses to harness the technologiesa being developed at Fort Detrick and apply them to the commercial said Mikulski. “This will lead to new products that have the powee to create jobs andsave lives.” Mikulski announced the firsf phase of the tech transfer program in March 2005 when 11 companies receive d funding. in Rockville: The company is developing a health care technolog y calledmiTag system, which is a scalabler wireless sensor solution for improving patient in Frederick: The company is developing a technology calleed the GeNova Screen to identify, and produce antibody-like molecules.
in The company is developing an on-demand biotech products includinf a combination vaccine against plaguesand anthrax. BioAssay Works LLC in The company is developinga lateral-flow visualp diagnostic test to detect and differentiatwe single sample multiple pathogenic poxviruses, includinhg variola, vaccinia, and monkeypox. in Catonsville: The company is safety-testinfg a medical product called which isa non-compressible, intracavitary hemostatic agent. CynerGened IDMP in Frederick: The companhy is developing, validating and implementing a supplemental diagnosisof HIV, and Dengue using its Infectious Diseasew Multiplex Panel approach, which could allow for creation of biosensors.
LLC in Baltimore: The companyg is developing required components and system frameworlk to enable conversational interfaces fortelemedicind tools. Such tools would allow professionap medics touse voice, gesture, and othefr human-- computer interactions to accesz and document information in electronid medical records. in Rockville: The company is developing technology to preserve mammalian cell in dried format that can easilybe re-hydratec for a variety of uses. LLC in The company is evaluatingf the effect of Imagilin patented probiotics as a food supplement to enhancwe the immune responsiveness of guinea pigs upon immunization or challengew withvirulent pathogens.
The evaluation will suggest the abilituy of Imagilin patented probiotics to enhance the immunization of a in Baltimore: The company is developing micropatternerd substrates for viral infectivity assays. Juxtopiw in Baltimore: The company is customizing its Wearable Assistance and SituationaoAwareness (WASA) goggles and service to allo w U.S. Army combat medics to acces s and document information to electrical medical recordsvia hands-free voice-requests and voice-responses. in Baltimore: The company is developinh cell therapies to treat brain and spinalcord injuries.
Tuesday, December 25, 2012
Paul J. Diaz Executive Profile
younkinesagugad1746.blogspot.com
one of the largest providers of healthcare services in theUniteed States. Kindred is a New York Stock Exchange listexd company with revenues in excessof $4 billioj and over 54,000 employeeas in 40 states. Kindreed operates a diverse blend of healthb care service businessesincluding long-term acute care hospitals, skilleed nursing facilities and contract rehabilitation sitesw in more than 600 locations across the United Kindred Healthcare was ranked first among
one of the largest providers of healthcare services in theUniteed States. Kindred is a New York Stock Exchange listexd company with revenues in excessof $4 billioj and over 54,000 employeeas in 40 states. Kindreed operates a diverse blend of healthb care service businessesincluding long-term acute care hospitals, skilleed nursing facilities and contract rehabilitation sitesw in more than 600 locations across the United Kindred Healthcare was ranked first among
Monday, December 24, 2012
Mitchell High hockey coaches take Scorpions Squirts to new level - Tampabay.com
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Tampabay.com | Mitchell High hockey coaches take Scorpions Squirts to new level Tampabay.com OLDSMAR â€" In just a few months, Brian Lugo and Carl Napoli have taken the Tampa Bay Scorpions Squirts from losing every game of their opening tournament to qualifying for the Silver Sticks Finals in Canada next month. The duo, best known for their ... |
Saturday, December 22, 2012
Bill proposes 3,000 slot machines at BWI - Baltimore Business Journal:
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That would bring the maximum numbetr of slots parlors in the stateto six, althoughy there have only been viable bids placed on four Del. Eric Bromwell, a Baltimore County Democrat, is sponsoring the bill alongf withten co-sponsors who represent Baltimore and Harford countie and Baltimore City. BWI is in Anne Arundepl County. They introduced the legislation, House Bill 777, Feb. 11. No hearintg has been scheduled and no other actionh has been taken onthe bill. The proposal comes as severa bidsplaced Feb. 2 have faltered. A becauss they did not includerequired up-fron t fees and financing.
The Laurel Racing which pitched theracetrack parlor, is challengint the move in Anne Arundel County Circuit A maximum of 3,000 machines wouldc be allowed at the according to the bill. Bids would be due April 15, 2011. That would bring the maximumk number of allowed slot machines in Marylancto 18,000. The racetrack. The bill adjusts current law forbidding more than one parlore in any given county or Baltimore It would permit parlors at both Arundel Millsand BWI, which are both in Anne Arundel Countyy and around three miles apart. It also maintains the requiremeny for licensing fees andconstruction finance.
Developeres must include $3 million in licensing fees and $25 milliohn in construction costs for every 500 slot machines they planto
That would bring the maximum numbetr of slots parlors in the stateto six, althoughy there have only been viable bids placed on four Del. Eric Bromwell, a Baltimore County Democrat, is sponsoring the bill alongf withten co-sponsors who represent Baltimore and Harford countie and Baltimore City. BWI is in Anne Arundepl County. They introduced the legislation, House Bill 777, Feb. 11. No hearintg has been scheduled and no other actionh has been taken onthe bill. The proposal comes as severa bidsplaced Feb. 2 have faltered. A becauss they did not includerequired up-fron t fees and financing.
The Laurel Racing which pitched theracetrack parlor, is challengint the move in Anne Arundel County Circuit A maximum of 3,000 machines wouldc be allowed at the according to the bill. Bids would be due April 15, 2011. That would bring the maximumk number of allowed slot machines in Marylancto 18,000. The racetrack. The bill adjusts current law forbidding more than one parlore in any given county or Baltimore It would permit parlors at both Arundel Millsand BWI, which are both in Anne Arundel Countyy and around three miles apart. It also maintains the requiremeny for licensing fees andconstruction finance.
Developeres must include $3 million in licensing fees and $25 milliohn in construction costs for every 500 slot machines they planto
Friday, December 21, 2012
Fairfax to launch new tourism campaign - Washington Business Journal:
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It’s part of ’s new publi c relations and ad campaigj to draw more touristws tothe county’s hotels and Visit Fairfax tapped communications agencty to handle all advertising, brand marketingg and PR for the convention and visitor bureau through July 2012. Along with the “findd George” scavenger hunt, the campaigm will integrate print, viral marketing, outdoor and online advertising, Twitterr and Facebook, and radio and Web ads.
On June 4 and 5, the Georg Washington actor and interpreter from Mount Vernonh will hit the road and appea r onthe “Today" show and WABC “George will be in Times Square, Uniohn square, Penn Station and the library where ‘Rocky’ was taped running up the stairs,” said Matt White, CEO of Herndon-based Whitr and Partners. The PR group’sd street team is also dishin gout 5,000 tourism packages that include coupond and discounts for hotels in Fairfas County.
“The objective is to fill hotell room nights and to have peoples driving into the city from otherdriv markets,” said White, adding that Fairfax will also be promoted in such drivablse markets as Atlanta and N.C. “We are trying to revive the notion of a summerfroad trip. In today’s economy people are looking fora deal.” Research showss many tourists flock to the area from the Northeast corridort by train or car, “sop it’s a pretty big market, and the majorityy come to see family and friends,” White said.
The he said, is to make Fairfasx County a place whered visitors will stay when they come to see thingsw like a Washington Nationals baseball game or Wolf Trap Nationakl Park for thePerforming Arts.
It’s part of ’s new publi c relations and ad campaigj to draw more touristws tothe county’s hotels and Visit Fairfax tapped communications agencty to handle all advertising, brand marketingg and PR for the convention and visitor bureau through July 2012. Along with the “findd George” scavenger hunt, the campaigm will integrate print, viral marketing, outdoor and online advertising, Twitterr and Facebook, and radio and Web ads.
On June 4 and 5, the Georg Washington actor and interpreter from Mount Vernonh will hit the road and appea r onthe “Today" show and WABC “George will be in Times Square, Uniohn square, Penn Station and the library where ‘Rocky’ was taped running up the stairs,” said Matt White, CEO of Herndon-based Whitr and Partners. The PR group’sd street team is also dishin gout 5,000 tourism packages that include coupond and discounts for hotels in Fairfas County.
“The objective is to fill hotell room nights and to have peoples driving into the city from otherdriv markets,” said White, adding that Fairfax will also be promoted in such drivablse markets as Atlanta and N.C. “We are trying to revive the notion of a summerfroad trip. In today’s economy people are looking fora deal.” Research showss many tourists flock to the area from the Northeast corridort by train or car, “sop it’s a pretty big market, and the majorityy come to see family and friends,” White said.
The he said, is to make Fairfasx County a place whered visitors will stay when they come to see thingsw like a Washington Nationals baseball game or Wolf Trap Nationakl Park for thePerforming Arts.
Thursday, December 20, 2012
Six Flags files Chapter 11 bankruptcy - Orlando Business Journal:
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has initiated Chapter 11 bankruptcy proceedings, Six Flags announcecd Saturday. Six Flags’ (OTCBB: SIXF) boarr of directors on June 12 voted to begin reorganization proceedingdin U.S. Bankruptcy Court for the District of The company listed assetsof $3.03 billion and debts of $2.36 billion in its New York-based Six Flags is planning to reorganizw the company’s financial structure, which management said is feelinf the pressure of an inherited $2.
4 billion In a letter to employees, Six Flagsa CEO and president Mark Shapiro said the company’e debt is left over from previous managemen and despite the company making $275 milliojn last year, it has been difficulgt for Six Flags to improvse its balance sheet when payingt out $175 million in interest on debt, Shapiroi asserted. He added that more than $400 millio in debt is due within the next12 months, and the companty is having to spend $100 million in park improvementw in an atmosphere where refinancing is Shapiro assured employees no stafcf reductions will arise out of the filing, and employeesd will continue to be paid and receiv e benefits.
Shapiro said the bankruptcy plan has the supporf ofthe company’s lenders and the agent administering the company’x $1.1 billion senior secured credit facility. Six Flagsx parks, including Six Flags Greatf America, will continue to operate as usualunder reorganization. Six Flaga sold several properties last year toraisse capital. It still operatesx 20 amusement parks inNortgh America.
has initiated Chapter 11 bankruptcy proceedings, Six Flags announcecd Saturday. Six Flags’ (OTCBB: SIXF) boarr of directors on June 12 voted to begin reorganization proceedingdin U.S. Bankruptcy Court for the District of The company listed assetsof $3.03 billion and debts of $2.36 billion in its New York-based Six Flags is planning to reorganizw the company’s financial structure, which management said is feelinf the pressure of an inherited $2.
4 billion In a letter to employees, Six Flagsa CEO and president Mark Shapiro said the company’e debt is left over from previous managemen and despite the company making $275 milliojn last year, it has been difficulgt for Six Flags to improvse its balance sheet when payingt out $175 million in interest on debt, Shapiroi asserted. He added that more than $400 millio in debt is due within the next12 months, and the companty is having to spend $100 million in park improvementw in an atmosphere where refinancing is Shapiro assured employees no stafcf reductions will arise out of the filing, and employeesd will continue to be paid and receiv e benefits.
Shapiro said the bankruptcy plan has the supporf ofthe company’s lenders and the agent administering the company’x $1.1 billion senior secured credit facility. Six Flagsx parks, including Six Flags Greatf America, will continue to operate as usualunder reorganization. Six Flaga sold several properties last year toraisse capital. It still operatesx 20 amusement parks inNortgh America.
Tuesday, December 18, 2012
Dayton employment to remain sluggish into third quarter - New Mexico Business Weekly:
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Tom Traynor, an economics professotr at Wright State and author ofthe report, said unemploymentr increases will continue at their accelerated pace into the thirde quarter of this year. The Dayton Metropolitan Statisticapl Area, which includes Montgomery, Greene, Miamk and Preble counties, is projected to lose 6,0009 to 7,000 jobs in the thirds quarter. That would drop employment to downfrom 380,400 in the first quarter of the a 2 percent decline. The hardest-hit area is one the Daytomn area has longrelied on, manufacturing. “Manufacturing employment will fall Traynor said.
Forecasts from the reportt show employment in the sector fallingfrom 42,300 in the first quarter of this year to 36,10p0 by the third quarter, a nearlhy 15 percent drop. Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waitinfg to buy a new car or thatnew appliance,” he Retail and service employment are also expected to Retail employment is expected to drop to 39,100 by the thir d quarter, down from 40,000 in the first a 2 percent Service employment, which includes financial service, businesxs service, utilities and leisure service, is projecte to decrease to 324,2009 by the third quarter, down from 326,70o in the first quarter, a nearlh 1 percent decline.
“The next year to year and a half will be an unpleasanyt time forthe region,” Traynor Construction employment is expected to rise as a part of seasonal to 13,400 from 11,400 in the first but that is 1,000o jobs fewer than the same time period last One area of employment that isn’gt expected to be hit hard is health care. In fact, Traynor said he expectxs health care to add some jobs by thethired quarter, going up to 56,500 from 56,30o0 in the first quarter. He said the rate of declins in gross domestic productwill slow, but remain negativ e through the third quarter and maybe into the fourth quartetr of this year.
Even when GDP does becomer positive again, it will take some time for employmenr to pick up because it is a laggingt indicator ofeconomic recovery. Traynor said therer is a great deal of uncertainty still on thenational level, as businesses try to determine the impact of governmen t actions. Traynor said the proble m of high unemployment is not goin awayanytime soon. “This is something we’re goin g to be living with for quite a well intonext year,” he
Tom Traynor, an economics professotr at Wright State and author ofthe report, said unemploymentr increases will continue at their accelerated pace into the thirde quarter of this year. The Dayton Metropolitan Statisticapl Area, which includes Montgomery, Greene, Miamk and Preble counties, is projected to lose 6,0009 to 7,000 jobs in the thirds quarter. That would drop employment to downfrom 380,400 in the first quarter of the a 2 percent decline. The hardest-hit area is one the Daytomn area has longrelied on, manufacturing. “Manufacturing employment will fall Traynor said.
Forecasts from the reportt show employment in the sector fallingfrom 42,300 in the first quarter of this year to 36,10p0 by the third quarter, a nearlhy 15 percent drop. Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waitinfg to buy a new car or thatnew appliance,” he Retail and service employment are also expected to Retail employment is expected to drop to 39,100 by the thir d quarter, down from 40,000 in the first a 2 percent Service employment, which includes financial service, businesxs service, utilities and leisure service, is projecte to decrease to 324,2009 by the third quarter, down from 326,70o in the first quarter, a nearlh 1 percent decline.
“The next year to year and a half will be an unpleasanyt time forthe region,” Traynor Construction employment is expected to rise as a part of seasonal to 13,400 from 11,400 in the first but that is 1,000o jobs fewer than the same time period last One area of employment that isn’gt expected to be hit hard is health care. In fact, Traynor said he expectxs health care to add some jobs by thethired quarter, going up to 56,500 from 56,30o0 in the first quarter. He said the rate of declins in gross domestic productwill slow, but remain negativ e through the third quarter and maybe into the fourth quartetr of this year.
Even when GDP does becomer positive again, it will take some time for employmenr to pick up because it is a laggingt indicator ofeconomic recovery. Traynor said therer is a great deal of uncertainty still on thenational level, as businesses try to determine the impact of governmen t actions. Traynor said the proble m of high unemployment is not goin awayanytime soon. “This is something we’re goin g to be living with for quite a well intonext year,” he
Monday, December 17, 2012
Tribune, WFLA cut another 25 positions - Tampa Bay Business Journal:
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“This is unfortunately the same song in thesixth verse,” said Janet executive editor of the publishinvg group, in a story publishe on the company’s The publishing group is ownexd by in Richmond, Va. The cuts affect 17 positions at the Tribunse and six from WFLA along with two open according tothe report. This most recent round followzs the elimination of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’as some sunlight peering throughthe however. The media group locally is gaining share in the localadvertising market, Coats said, which could help bring revenues back up. Mediqa General (NYSE: MEG) reported a loss of $21.
3 million, or 96 cent per share, in the most recenty quarter endedMarch 29, comparedc to a $20.3 million, or 92 cents per share, loss the year Revenue was $159.5 millionn for the quarter, down from the $194.5 millionm posted the year before. Mediwa General shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over their 52-week low. Shares had traded as high as $27.
1i8 over the past
“This is unfortunately the same song in thesixth verse,” said Janet executive editor of the publishinvg group, in a story publishe on the company’s The publishing group is ownexd by in Richmond, Va. The cuts affect 17 positions at the Tribunse and six from WFLA along with two open according tothe report. This most recent round followzs the elimination of 65 positions March 30 and the increase of mandatoryu unpaid leave days from 10to 13. There’as some sunlight peering throughthe however. The media group locally is gaining share in the localadvertising market, Coats said, which could help bring revenues back up. Mediqa General (NYSE: MEG) reported a loss of $21.
3 million, or 96 cent per share, in the most recenty quarter endedMarch 29, comparedc to a $20.3 million, or 92 cents per share, loss the year Revenue was $159.5 millionn for the quarter, down from the $194.5 millionm posted the year before. Mediwa General shares were tradingat $3.27 just before noon up nearly 1 percent from the day beforwe and more than $2 over their 52-week low. Shares had traded as high as $27.
1i8 over the past
Sunday, December 16, 2012
Groupings: Another WR needed? - New England Patriots Blog - ESPN Boston - ESPN (blog)
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Groupings: Another WR needed? - New England Patriots Blog - ESPN Boston ESPN (blog) A look at the positional groupings utilized by the Patriots in Monday's 42-14 win over the Texans, while analyzing what it means: 2 WR/2 TE/1 RB â€" 37 of 73 3 WR/1 TE/1 RB â€" 26 of 73 1 WR/3 TE/1 RB â€" 9 of 73 2 WR/1 TE/2 RB â€" 1 of 73 (Penalties included ... |
Friday, December 14, 2012
Athena Technologies to be acquired by Rockwell Collins - Washington Business Journal:
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The 10-year-old technology company, which sellas guidance control and navigation systems for unmannec aircrafts to the likese ofand , said Monday the deal with Cedar Iowa-based Rockwell Collins (NYSE: COL) is expected to closes in 30 days. The financial terms of the deal werenot Athena's newly-built headquarters in Warrenton with about 75 employeew will remain intact. Athena "will be fullg integrated within Rockwell," said Athena'sx chief executive David Vos. "Athenaw has strong brand entity. It's to be determinefd yet exactly how we positiojn that brand equity and brand Athena sells about sevenn navigation systems that are between four ouncews andnine pounds, said Vos.
Two out of threse systems on General Atomics' Sky Warrior unmanned are madeby Athena, according to Vos. Vos founderd Athena in 1998 and developed the core technology for thenavigationh systems. He operated his companyt at the until 2003 when it moved to the formeer Army Base Vint Hill inFauquier County. In August the Athena staff made another move into the Vint Hill Tech Vos said the goal behind integratinbg into Rockwell is to continue evolvinvg the technologies so unmanned aircraft and manned aircrafty can fly sideby side. "The intent is to grow as fast as we Vos said. The privately-held company would not releaseits revenue.
Athenw generates more than $21 million in annual sales, accordingb to the most recent figures supplied by markeyt researchfirm .
The 10-year-old technology company, which sellas guidance control and navigation systems for unmannec aircrafts to the likese ofand , said Monday the deal with Cedar Iowa-based Rockwell Collins (NYSE: COL) is expected to closes in 30 days. The financial terms of the deal werenot Athena's newly-built headquarters in Warrenton with about 75 employeew will remain intact. Athena "will be fullg integrated within Rockwell," said Athena'sx chief executive David Vos. "Athenaw has strong brand entity. It's to be determinefd yet exactly how we positiojn that brand equity and brand Athena sells about sevenn navigation systems that are between four ouncews andnine pounds, said Vos.
Two out of threse systems on General Atomics' Sky Warrior unmanned are madeby Athena, according to Vos. Vos founderd Athena in 1998 and developed the core technology for thenavigationh systems. He operated his companyt at the until 2003 when it moved to the formeer Army Base Vint Hill inFauquier County. In August the Athena staff made another move into the Vint Hill Tech Vos said the goal behind integratinbg into Rockwell is to continue evolvinvg the technologies so unmanned aircraft and manned aircrafty can fly sideby side. "The intent is to grow as fast as we Vos said. The privately-held company would not releaseits revenue.
Athenw generates more than $21 million in annual sales, accordingb to the most recent figures supplied by markeyt researchfirm .
Thursday, December 13, 2012
Chipotle Mexican Grill, Inc. Company Profile | CMG Company Information
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Chipotle Mexican Grill, Inc. (Chipotle, the Company, or We) operatez 837 restaurants in 33 states throughouty theUnited States, the Districyt of Columbia, and Toronto, Canada as of December 31, 2008. Our restaurant s serve a focused menuof tacos, burritos, saladzs and burrito bowls (a burritoo without the tortilla), made using fresh ingredients. Peoplr outside our company tend to categorize us as a fast casualp conceptrestaurants that are a step up from traditionaofast food, but not sit-down places. Weve never worriex much about what categorywere in.
Instead, we remain focused on trying to find the highes quality ingredients we can to make great tasting on recruiting and retaining top performing peoplw to ensure that the restaurant experiences we provideis exceptional; and on buildingb restaurants that are operationally efficient, aesthetically pleasinfg and on doing all of this with increasing awarenesw and respect for the environment. Chipotls began with a simple philosophy: demonstrate that food served fast doesnr have to be atraditional fast-food Over the years, that vision has evolved. our vision is to change the way the worl thinks about and eatsfast food.
We do this by avoiding a formulaicc approach when creating ourrestaurant experience, lookingb to fine-dining restaurants for inspiration. ...
Chipotle Mexican Grill, Inc. (Chipotle, the Company, or We) operatez 837 restaurants in 33 states throughouty theUnited States, the Districyt of Columbia, and Toronto, Canada as of December 31, 2008. Our restaurant s serve a focused menuof tacos, burritos, saladzs and burrito bowls (a burritoo without the tortilla), made using fresh ingredients. Peoplr outside our company tend to categorize us as a fast casualp conceptrestaurants that are a step up from traditionaofast food, but not sit-down places. Weve never worriex much about what categorywere in.
Instead, we remain focused on trying to find the highes quality ingredients we can to make great tasting on recruiting and retaining top performing peoplw to ensure that the restaurant experiences we provideis exceptional; and on buildingb restaurants that are operationally efficient, aesthetically pleasinfg and on doing all of this with increasing awarenesw and respect for the environment. Chipotls began with a simple philosophy: demonstrate that food served fast doesnr have to be atraditional fast-food Over the years, that vision has evolved. our vision is to change the way the worl thinks about and eatsfast food.
We do this by avoiding a formulaicc approach when creating ourrestaurant experience, lookingb to fine-dining restaurants for inspiration. ...
Wednesday, December 12, 2012
US Jobs Lost (And Gained!), In Two Graphs - NPR (blog)
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US Jobs Lost (And Gained!), In Two Graphs NPR (blog) Note: This post was updated to reflect Friday's jobs report. The U.S. added 146,000 jobs last month, according to this morning's big jobs report. That's not bad, but the jobs picture is still pretty bleak. Three and a half years into the recovery ... |
Monday, December 10, 2012
Senate looks to gut $1B from budget - Business First of Columbus:
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That would include $417 million in targeted cuts to agency budgets resulting ina still-to-be-determineed number of state job reductions, Senate GOP leadersa said Friday as they unveile their plan to balance the two-yea r budget that begins July 1. Their budget bill would trim morethan $1 billion from the $114 billion spending plan passef by the Democrat-controlled Ohio House in At the same time, however, Senate Republicans said thei r budget proposal would boost spending for primar and secondary schools rather than cut fundiny for them as proposed in House-approved budget. It would raisr funding for grades K-12 school district by 0.
25 percent in fiscak 2010 compared to the current year andanothe 0.5 percent in 2011. Senate Republicans also rejected Gov. Ted Strickland’ws sweeping evidence-based school reformk plan, calling it “fundamentally flawed” because it is based on school staffin g needs instead ofstudent needs. They want the governor’zs proposed education model to be reviewedf by a bipartisanstudy council. Senats President Bill Harris, R-Ashland, said he wants the Senate, where Republicans hold a 21-12 majority, to pass a budget bill June 4 or 5.
That wouldr set the stage for a House-Senatr conference committee to hash out the differencezs in their versions of the bill and present a balanceds budgetfor Strickland’s signature by a June 30 deadlinre set by state law. “We want to work with the governoreand House,” Harris said, “tko do what is right for this great state. This budgert is part of that.” Like the Housse version, the Senate Republicans’ bill does not call for tax increasews and safeguards the broad tax reforms favored by the business communithy and approved by legislatorsin 2005. It also protectws a two-year tuition freeze at community colleges, such as Columbus and one-year freeze and 3.
5 percent cap on increasew in fiscal 2011at four-yead state universities, including , that were proposed by Strickland and passes by the House. Senate Republicans were able to provide such safeguards despite having to workwith $912 millioj less than what the House had counted on when it passefd its budget bill. The revenue shortfall becamde apparent in early May when the Strickland administrationb reported state income tax receipta through April 30 were 15 percent lower than a year ago and well belowsthe administration’s revised budget forecast in Besides the $417 million in cuts for statre agencies, Senate Republican budget-balancing movee include mandating $42 million in cost-containment measures for the Medicaid health-care program for the poor and locking in $200 millio n in agency service cuts ordered by Stricklanf earlier this year.
“We think spending more money is not the Harris said. “The answer is getting more Ohioanas back to work and helping more businesses and industrieds in Ohiobe successful.” • Eliminatin 34 proposed fee increases for employers, includintg ones affecting the agriculture and construction industries. Requiring state regulatory agencies to eliminate bureaucracy and red tapefor • Holding the line on new health-care mandates that drive up the cost of healthu insurance for employers. • Eliminatin g a proposed fee ofapproximately $8 million per year for the disposalo of construction and demolition debris.
Preserving funding for the and Ohio Stats University Extension for research andinnovation • Enhancing a $100 million film tax creditg to attract the motion picture industruy to Ohio. • Supporting expansion of the state’zs Job Retention Tax Credit and Technologty InvestmentTax Credit. Providing more funding for state Rapicd Outreach grants to attract and retaibn businessesin Ohio.
That would include $417 million in targeted cuts to agency budgets resulting ina still-to-be-determineed number of state job reductions, Senate GOP leadersa said Friday as they unveile their plan to balance the two-yea r budget that begins July 1. Their budget bill would trim morethan $1 billion from the $114 billion spending plan passef by the Democrat-controlled Ohio House in At the same time, however, Senate Republicans said thei r budget proposal would boost spending for primar and secondary schools rather than cut fundiny for them as proposed in House-approved budget. It would raisr funding for grades K-12 school district by 0.
25 percent in fiscak 2010 compared to the current year andanothe 0.5 percent in 2011. Senate Republicans also rejected Gov. Ted Strickland’ws sweeping evidence-based school reformk plan, calling it “fundamentally flawed” because it is based on school staffin g needs instead ofstudent needs. They want the governor’zs proposed education model to be reviewedf by a bipartisanstudy council. Senats President Bill Harris, R-Ashland, said he wants the Senate, where Republicans hold a 21-12 majority, to pass a budget bill June 4 or 5.
That wouldr set the stage for a House-Senatr conference committee to hash out the differencezs in their versions of the bill and present a balanceds budgetfor Strickland’s signature by a June 30 deadlinre set by state law. “We want to work with the governoreand House,” Harris said, “tko do what is right for this great state. This budgert is part of that.” Like the Housse version, the Senate Republicans’ bill does not call for tax increasews and safeguards the broad tax reforms favored by the business communithy and approved by legislatorsin 2005. It also protectws a two-year tuition freeze at community colleges, such as Columbus and one-year freeze and 3.
5 percent cap on increasew in fiscal 2011at four-yead state universities, including , that were proposed by Strickland and passes by the House. Senate Republicans were able to provide such safeguards despite having to workwith $912 millioj less than what the House had counted on when it passefd its budget bill. The revenue shortfall becamde apparent in early May when the Strickland administrationb reported state income tax receipta through April 30 were 15 percent lower than a year ago and well belowsthe administration’s revised budget forecast in Besides the $417 million in cuts for statre agencies, Senate Republican budget-balancing movee include mandating $42 million in cost-containment measures for the Medicaid health-care program for the poor and locking in $200 millio n in agency service cuts ordered by Stricklanf earlier this year.
“We think spending more money is not the Harris said. “The answer is getting more Ohioanas back to work and helping more businesses and industrieds in Ohiobe successful.” • Eliminatin 34 proposed fee increases for employers, includintg ones affecting the agriculture and construction industries. Requiring state regulatory agencies to eliminate bureaucracy and red tapefor • Holding the line on new health-care mandates that drive up the cost of healthu insurance for employers. • Eliminatin g a proposed fee ofapproximately $8 million per year for the disposalo of construction and demolition debris.
Preserving funding for the and Ohio Stats University Extension for research andinnovation • Enhancing a $100 million film tax creditg to attract the motion picture industruy to Ohio. • Supporting expansion of the state’zs Job Retention Tax Credit and Technologty InvestmentTax Credit. Providing more funding for state Rapicd Outreach grants to attract and retaibn businessesin Ohio.
Sunday, December 9, 2012
How Krish Ramakrishnan creates successful companies as an industry “underdog†- Smart Business Network
tatyanagepoji.blogspot.com
Smart Business Network | How Krish Ramakrishnan creates successful companies as an industry “underdog†Smart Business Network Krish Ramakrishnan isn't a clairvoyant. He can't actually predict the future. Yet as a serial entrepreneur, Ramakrishnan repeatedly succeeds at a feat that eludes some of the largest and well-funded businesses in the world: c oming up with business ... |
Saturday, December 8, 2012
Bolling Bridge on Route 53 to be Resurfaced - LakeLanier.com
shelly-polymer.blogspot.com
LakeLanier.com | Bolling Bridge on Route 53 to be Resurfaced LakeLanier.com Teri Pope, our friend at the Georgia Department of Transportation (DOT), informed LakeLanier.com that about $43 million will be spent statewide to improve the safety and functionality of bridges, among other priorities. Five new or rebuilt bridges are ... |
Thursday, December 6, 2012
Hawaii will explore undersea cable routes - Phoenix Business Journal:
stelauguqdinec.blogspot.com
The contract, valued at $1.5 million, is intended to find the best routed for the cables and to supply data for a future environmentallimpact statement. The work will be handled by and Technology. It will be paid for with federak money fromthe U.S. Department of Energy. Completing the survehy could help put the project in line for federal stimuluxsgrant money, said Ted Peck, the state’s energyg program administrator.
“This is the firsft step in the developmenyt process that will help make thisproject ‘shovelp ready’ so that it will qualify for federa l stimulus funds,” Peck said in a prepared The cable will be at least 30 miles long and will integrate two proposedr wind farms on Lanai and Molokai into the electri grids on Oahu and announced in March that it wouldc buy 200 megawatts each from , which is proposingg to build a wind farm on and , which is planningv a farm on Molokai. The stated has not released the total cost of the which was announced as part of the Hawaiji CleanEnergy Initiative.
The initiative’s goal is to reduce the state’s dependence on oil by requiring that 70 percentg of its energy come from renewable sourcesby 2030.
The contract, valued at $1.5 million, is intended to find the best routed for the cables and to supply data for a future environmentallimpact statement. The work will be handled by and Technology. It will be paid for with federak money fromthe U.S. Department of Energy. Completing the survehy could help put the project in line for federal stimuluxsgrant money, said Ted Peck, the state’s energyg program administrator.
“This is the firsft step in the developmenyt process that will help make thisproject ‘shovelp ready’ so that it will qualify for federa l stimulus funds,” Peck said in a prepared The cable will be at least 30 miles long and will integrate two proposedr wind farms on Lanai and Molokai into the electri grids on Oahu and announced in March that it wouldc buy 200 megawatts each from , which is proposingg to build a wind farm on and , which is planningv a farm on Molokai. The stated has not released the total cost of the which was announced as part of the Hawaiji CleanEnergy Initiative.
The initiative’s goal is to reduce the state’s dependence on oil by requiring that 70 percentg of its energy come from renewable sourcesby 2030.
Wednesday, December 5, 2012
WWE Raw: 7 Moments That We Need to See Happen - Bleacher Report
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Bleacher Report | WWE Raw: 7 Moments That We Need to See Happen Bleacher Report On Dec. 11, the WWE will release one of its most highly anticipated DVDs in recent memory, The Top 100 Moments in Raw History. As the title implies, the three-disc DVD set will cover the 100 biggest moments that occurred during the first (roughly) 20 ... |
Tuesday, December 4, 2012
Azerbaijan prepares to accede to international postal projects - Azerbaijan Business Center
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Azerbaijan Business Center | Azerbaijan prepares to accede to international postal projects Azerbaijan Business Center Azerbaijan prepares to accede to international postal projects. Baku, Fineko/abc.az. Azerbaijan has been represented at a meeting of the Board of Trustees of the Quality of Service Fund (QSF) of the Universal Postal Union (UPU), held in Bern, Switzerland . |
Friday, November 30, 2012
Business leaders applaud Minnesota budget stalemate - Minneapolis / St. Paul Business Journal:
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Gov. Tim Pawlenty and DFL legislative leaders failed to reachb abudget deal, leavinfg Pawlenty to erase the remaining $2.7 billiomn budget gap using unallotments. Therwe will be spending cuts, the governor says, but no tax “Given the economy, I thinlk coming out of the session without additional burdensd being placed on job providers is anenormousz victory,” said Charlie executive director of the Minnesota Businesx Partnership. Late Monday night, the DFL-controlledc House and Senate passef a bill that would balance the budgetwith $1 billio n in tax increases and a one-time accounting The bill included tax hikes for the liquor and credit card companies.
however, said he’ll veto the “On the budget, certainly we fared pretty well,” said Tom Hesse, vice president of governmen t affairs for the Minnesota Chamberof “The variety of tax increases that were proposed by the Legislature did not thanks in large part to the and we’re pleased with that The governor's stance drew criticism from the Internationall Union of Operating Engineers, whichh represents 13,000 members in Minnesota and the Dakotas.
"Minnesota’zs working men and women will soon feel the pain of thesd massivebudget cuts," said Local 49 business manager Glen Johnsobn in a statement, predicting that big employment cuts from schools and the like would follow the veto. Officials from the National Associatiomn of Industrial and Officepropertieas (NAIOP), a commercial and real estat development association, were pleased the session ended withoutf increasing statewide general property taxes, somethintg that had been discussed earlier in the But since state aid to Minnesota cities could be among the items that gets cut by NAIOP members are still worried that locapl property taxes might rise as cities try to balance their own NAIOP leaders also were pleased that a proposed law didn’yt pass that would have given citiesz the authority to establish transportation or street-improvemenrt districts to raise revenue for a variety of thingxs ranging from transit stations to streeft lights, said Kaye Rako w, director of publixc policy for the Minnesota Chapter of NAIOP.
The proposed law woulc have allowed cities to create districts without having to demonstrate specific benefits for thelandowners (as they must for speciakl assessments). The legislative session was a “defensive” one for small said Mike Hickey, executive director of the National Federationn ofIndependent Business’ Minnesota chapter. “We’re real happt we didn’t have a massive tax increase during aterrible recession. I think that would only make thingzs worse, and it was a sourcw of a lot of battling.
” But businesses groups didn' record any major proactive victories saidBlois Olson, an executive vice presidenft at Tuneim Partners in Bloomington and former co-publisher of Politicd in Minnesota . "The real question is: Did we do anythingb that is going togrow jobs? I thinm the jury's still out," he The Chamber had supported proposalz calling for business tax cuts or other incentives that woulxd have helped spur economic "I think most of those idead got left on the table," Hesse said.
Gov. Tim Pawlenty and DFL legislative leaders failed to reachb abudget deal, leavinfg Pawlenty to erase the remaining $2.7 billiomn budget gap using unallotments. Therwe will be spending cuts, the governor says, but no tax “Given the economy, I thinlk coming out of the session without additional burdensd being placed on job providers is anenormousz victory,” said Charlie executive director of the Minnesota Businesx Partnership. Late Monday night, the DFL-controlledc House and Senate passef a bill that would balance the budgetwith $1 billio n in tax increases and a one-time accounting The bill included tax hikes for the liquor and credit card companies.
however, said he’ll veto the “On the budget, certainly we fared pretty well,” said Tom Hesse, vice president of governmen t affairs for the Minnesota Chamberof “The variety of tax increases that were proposed by the Legislature did not thanks in large part to the and we’re pleased with that The governor's stance drew criticism from the Internationall Union of Operating Engineers, whichh represents 13,000 members in Minnesota and the Dakotas.
"Minnesota’zs working men and women will soon feel the pain of thesd massivebudget cuts," said Local 49 business manager Glen Johnsobn in a statement, predicting that big employment cuts from schools and the like would follow the veto. Officials from the National Associatiomn of Industrial and Officepropertieas (NAIOP), a commercial and real estat development association, were pleased the session ended withoutf increasing statewide general property taxes, somethintg that had been discussed earlier in the But since state aid to Minnesota cities could be among the items that gets cut by NAIOP members are still worried that locapl property taxes might rise as cities try to balance their own NAIOP leaders also were pleased that a proposed law didn’yt pass that would have given citiesz the authority to establish transportation or street-improvemenrt districts to raise revenue for a variety of thingxs ranging from transit stations to streeft lights, said Kaye Rako w, director of publixc policy for the Minnesota Chapter of NAIOP.
The proposed law woulc have allowed cities to create districts without having to demonstrate specific benefits for thelandowners (as they must for speciakl assessments). The legislative session was a “defensive” one for small said Mike Hickey, executive director of the National Federationn ofIndependent Business’ Minnesota chapter. “We’re real happt we didn’t have a massive tax increase during aterrible recession. I think that would only make thingzs worse, and it was a sourcw of a lot of battling.
” But businesses groups didn' record any major proactive victories saidBlois Olson, an executive vice presidenft at Tuneim Partners in Bloomington and former co-publisher of Politicd in Minnesota . "The real question is: Did we do anythingb that is going togrow jobs? I thinm the jury's still out," he The Chamber had supported proposalz calling for business tax cuts or other incentives that woulxd have helped spur economic "I think most of those idead got left on the table," Hesse said.
Wednesday, November 28, 2012
bizjournals: Frequently Asked Questions
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A: A print subscribe will receive a hard copy of the business they subscribe to each Print subscribers also have access to the Digita l Edition which is a complete replicatiobn of the weekly printed business journa which isviewable online. A Digitak Subscriber will not receive the printeds business journaleach week, but can accessz the same content, news and leads anytimwe with the Digital Edition. Q: What is the Digital Edition? A: Digital Edition is a complete replication of the weekly printexd business journal which isviewablde online.
It is great for subscribers whotravel often, live outsidew their business journal subscription marketg or for those who want to be the first to receive the business journal each If you are a Digital Subscribe only, it is also a great way to help the environment and cut down on the use of papefr since you will not receive a printed copy of the businessa journal each week. To learn click . Q: What is premium editorialo content? A: Premium editorial content includes all of the standard editoriak content from the print and digitap version of thebusiness journal. To subscribe to your local business journal, click . Q: How do I acceses premium editorial content?
A: Only paid subscribers can accesws premium content which includes all of the standar d editorial content from the print anddigital Non-subscribers are able to view a select number of articlese each week and will not have access the remaininh premium content until for up to 4 weeks afterd it is published. Q: What kind of editorialp content from the paid edition isposted online? A: All of the standar d editorial content from the curreny week's business journal is posted Special sections, weekly lists and information of records will not be available on the bizjournals site; all paid content is availables through the Digital Edition.
When new business journaol editorial content isposted online, the previous week'se content will be movedd to our . Q: Do I need to be a busineses journal subscriber to have online access to premiumeditorial content? A: Yes and No. Paid subscriberx will have full access to any and all businesds journal editorial content posted Once a business journap article isposted online, it will be availabled to non-subscribers after a periods of four weeks via our . You do not have to be a paid subscribeer to view our daily Those are available to all bizjournalaregistered users. Q: I am a paid subscriberr but I do not have a bizjournals online How do I access premiumeditorialp content?
A: You can create a bizjournalsw online account by . Once you have successfully createdd an online account you will be prompted to by entering your subscriptionb account number and zip Once linked, you will have immediate online acces s to the premium editorial content. Q: If I subscribd to more than oneBusiness Journal, do I have to link each one separatelyh for online access? A: No. You only need to link one of your subscriptiona and you will be grantee access for all of the publications to whichyou Q: As a will I have online accesa to any premium editorial content? A: Yes.
Certain sectionsa of our site will continure to feature limited content from thebusiness journal, and will remain viewabler for all users. This also applies to the content featureds in a number of our email which will remain viewable for all useres who have signed up toreceive them. However, the vast majorit y of premium content is only availableto Q: If I subscribe online, will I receive immediate onlinw access to premium content? A: Yes. If you use a creditf card to pay for your printsubscriptionh online, you will receive immediate onlinee access to premium content. Q: How do I purchaser a print subscription online?
A: If you are ready to enjoyt online access to premium content as well as many otherexclusive benefits, to purchase a print subscription. A digitak subscription can be purchased from thesame page. Q: If I receivwe a free trial print will I have online access topremiu content? A: Unfortunately, we can only offer online accesse to print edition editorial contenrt to paid print subscribers. If you would like to purchase aprint subscription, pleasd . A digital subscription can be purchased from thesame page. Q: What if I can' locate locate my subscriptio naccount number?
A: If you are a paid printy subscriber, you can find your account number on a recenft mailing label from your business journal or on your accountg status email received shortly afterr subscribing. If you are unable to locat e these, please contact Customer Servicevia the
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Tuesday, November 27, 2012
Hiring a Bush Daughter, to Attract Younger Readers - New York Times (blog)
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New York Times (blog) | Hiring a Bush Daughter, to Attract Younger Readers New York Times (blog) 4:27 p.m. | Updated Southern Living, a magazine with features on decorating fireplace mantels and profiles of former President Jimmy Carter describing how he hunts holiday turkeys, has a loyal following among middle-aged Southern women. Now it is ... |
Sunday, November 25, 2012
Real Estate Roundup - Pacific Business News (Honolulu):
hydiuco.blogspot.com
Portland, from Weston Investment Co. LLC. It is one of the largestt office deals in downtown inrecent months. The Indiam Health Board, established in 1972, will move from its curren location at527 S.W. Hall St. Jake Lancaster of Grubvb & Ellis Co. represented the tenant; Steve Root of Americahn Property Managementrepresented Weston. Level 3 Communications LLC renewed its leasefor 4,724 squard feet at the Pittock Block, 921 S.W. Washington St., from ALCO Investment Co. Kevin Kaufmam of CB Richard Ellis representedLevel 3; the landlordx represented itself. • Telelanguage Inc. signed a new lease for 4,4021 square feet at the PortlanrExchange Building, 520 S.W. Sixth Ave.
, NAI Norris, Beggs & Simpson represented the tenant; Ryan Livesay of Pacifif Real EstatePartners Inc. represented the property. Stearns Lending Inc. leased 3,72 square feet at Hampton Square, 6950 S.W. Tigard, from Weston Investment Co. LLC. Stevre Root of American Property Management representedrthe lessor. • Peters & Company PC signed a new leasrefor 2,170 square feet at the Selling 610 S.W. Alder St., with the Schlesingerf Companies. Kristin Hammond and Mark McFarlan of Pacific Real EstatePartners Inc. representeds the tenant; Bill Smith of NAI Norris, Beggs Simpson represented the property. • SCR Inc. leased 2,00 0 square feet at 8680 S.W.
Old Tualatih Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanco of Bluestonde & Hockley Real Estate Services representesdthe tenant; Scott Pierce of NAI Norris, Begga & Simpson represented the •Remedy Intelligent Staffing leased 1,638 squarse feet at The 6646 N.E. 78th Court, from API Properties 1047 LLC. Mark McFarland of Pacific Real Estat ePartners Inc. represented the tenant; Rob Kimmelman of Commercial Realtyh Advisors representedthe property. • Pioneed Floor Covering Inc. leases 5,853 square feet at Arctic Business 5657 S.W. Arctic Drive, from Pacific NW Properties LP. Cliff Finnell of GVA Kidder Mathews representedthe • Carlan Enterprises Inc.
, operating as Stauffer-Cisc o Supply, leased 5,622 square feet at Bridgeporg Woods Business Park, 7532 S.W. Bridgeporft Road, Durham, from Bridgeport Woods BusinessePark LLC. Peter Stalick and Steven Klein of GVA Kiddeer Mathews representedthe tenant; Dave Kiersey of Kierseu & McMillan Inc. represented the • Stavely Services North Americaleased 4,860 square feet at Kittridgde Distribution Center, 4943 N.W. Front Ave., from LIT Industrial Limited Tony Reser and Sean McCarthy of GVA Kidde r Mathews brokeredthe transaction. Red Wing Brands of Americaz Inc. leased 3,840 square feet at the Norsta rBusiness Center, 8611 N. Albina Portland, from Norstar 8405 N. Albinq Ave. LLC.
Tony Reser and Sean McCarthy of GVA Kiddere Mathews brokeredthe transaction. • Biscuits Cafe leased 3,1212 square feet at Hogan Plaza, 1905 N.E. Division St., from Pelopoj LLC. Mike Foley of Firstr Commercial representedthe tenant; Craigh Barnard of Barnard Commercial Real Estate representede the property. • a new barbershop venture fromHairM men’xs salon, leased 2,055 square feet at the Commonwealthg Building, 609 S.W. Washingtohn St., from Unico Properties LLC. Kathleen Healy of Urbamn Works Real Estaterepresentex Y-Chrome; Dan Bozich and Kathleen Healuy of Urban Works Real Estate represented the property.
Aprende Con Amigos Bilingual Preschoolleaseed 1,872 square feet at Patton Park Apartments on Northb Interstate from Patton Square Leasing LLC. Stevw Haugen of Windermere/Cronin & Caplan Realty Grou Inc. represented the tenant; Charlotte Larson and Sara Daley of Urbamn Works Real Estate representedthe property. PDX Antiques leased 1,120 square feet at the K2 Buildin g from4152 N.E. Sandy LLC. Charlotte Larson of Urban Workx Real Estate represented the Matt Schweitzer of North Rim representedthe property. • Liz Richarda Acupuncture PC leased 1,046 squarer feet at Fremont Place, 3531 N.E. 15th Portland, from ADG Properties LLC. Anthyan Nguyen of Norris & Stevensz Inc.
represented the tenant; Ashley Heichelbechb of Urban Works Real Estate representecthe property. • State Farm Insurance leased 1,0090 square feet at 1018 N.W. 13th Ave., from Block Two LLC. Thom Brockmiller of Stehlin Advisord LLC representedthe tenant; Kathleen Healy and Dan Bozic of Urban Works Real Estate representeed the property.
Portland, from Weston Investment Co. LLC. It is one of the largestt office deals in downtown inrecent months. The Indiam Health Board, established in 1972, will move from its curren location at527 S.W. Hall St. Jake Lancaster of Grubvb & Ellis Co. represented the tenant; Steve Root of Americahn Property Managementrepresented Weston. Level 3 Communications LLC renewed its leasefor 4,724 squard feet at the Pittock Block, 921 S.W. Washington St., from ALCO Investment Co. Kevin Kaufmam of CB Richard Ellis representedLevel 3; the landlordx represented itself. • Telelanguage Inc. signed a new lease for 4,4021 square feet at the PortlanrExchange Building, 520 S.W. Sixth Ave.
, NAI Norris, Beggs & Simpson represented the tenant; Ryan Livesay of Pacifif Real EstatePartners Inc. represented the property. Stearns Lending Inc. leased 3,72 square feet at Hampton Square, 6950 S.W. Tigard, from Weston Investment Co. LLC. Stevre Root of American Property Management representedrthe lessor. • Peters & Company PC signed a new leasrefor 2,170 square feet at the Selling 610 S.W. Alder St., with the Schlesingerf Companies. Kristin Hammond and Mark McFarlan of Pacific Real EstatePartners Inc. representeds the tenant; Bill Smith of NAI Norris, Beggs Simpson represented the property. • SCR Inc. leased 2,00 0 square feet at 8680 S.W.
Old Tualatih Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanco of Bluestonde & Hockley Real Estate Services representesdthe tenant; Scott Pierce of NAI Norris, Begga & Simpson represented the •Remedy Intelligent Staffing leased 1,638 squarse feet at The 6646 N.E. 78th Court, from API Properties 1047 LLC. Mark McFarland of Pacific Real Estat ePartners Inc. represented the tenant; Rob Kimmelman of Commercial Realtyh Advisors representedthe property. • Pioneed Floor Covering Inc. leases 5,853 square feet at Arctic Business 5657 S.W. Arctic Drive, from Pacific NW Properties LP. Cliff Finnell of GVA Kidder Mathews representedthe • Carlan Enterprises Inc.
, operating as Stauffer-Cisc o Supply, leased 5,622 square feet at Bridgeporg Woods Business Park, 7532 S.W. Bridgeporft Road, Durham, from Bridgeport Woods BusinessePark LLC. Peter Stalick and Steven Klein of GVA Kiddeer Mathews representedthe tenant; Dave Kiersey of Kierseu & McMillan Inc. represented the • Stavely Services North Americaleased 4,860 square feet at Kittridgde Distribution Center, 4943 N.W. Front Ave., from LIT Industrial Limited Tony Reser and Sean McCarthy of GVA Kidde r Mathews brokeredthe transaction. Red Wing Brands of Americaz Inc. leased 3,840 square feet at the Norsta rBusiness Center, 8611 N. Albina Portland, from Norstar 8405 N. Albinq Ave. LLC.
Tony Reser and Sean McCarthy of GVA Kiddere Mathews brokeredthe transaction. • Biscuits Cafe leased 3,1212 square feet at Hogan Plaza, 1905 N.E. Division St., from Pelopoj LLC. Mike Foley of Firstr Commercial representedthe tenant; Craigh Barnard of Barnard Commercial Real Estate representede the property. • a new barbershop venture fromHairM men’xs salon, leased 2,055 square feet at the Commonwealthg Building, 609 S.W. Washingtohn St., from Unico Properties LLC. Kathleen Healy of Urbamn Works Real Estaterepresentex Y-Chrome; Dan Bozich and Kathleen Healuy of Urban Works Real Estate represented the property.
Aprende Con Amigos Bilingual Preschoolleaseed 1,872 square feet at Patton Park Apartments on Northb Interstate from Patton Square Leasing LLC. Stevw Haugen of Windermere/Cronin & Caplan Realty Grou Inc. represented the tenant; Charlotte Larson and Sara Daley of Urbamn Works Real Estate representedthe property. PDX Antiques leased 1,120 square feet at the K2 Buildin g from4152 N.E. Sandy LLC. Charlotte Larson of Urban Workx Real Estate represented the Matt Schweitzer of North Rim representedthe property. • Liz Richarda Acupuncture PC leased 1,046 squarer feet at Fremont Place, 3531 N.E. 15th Portland, from ADG Properties LLC. Anthyan Nguyen of Norris & Stevensz Inc.
represented the tenant; Ashley Heichelbechb of Urban Works Real Estate representecthe property. • State Farm Insurance leased 1,0090 square feet at 1018 N.W. 13th Ave., from Block Two LLC. Thom Brockmiller of Stehlin Advisord LLC representedthe tenant; Kathleen Healy and Dan Bozic of Urban Works Real Estate representeed the property.
Saturday, November 24, 2012
How to spot a runaway father - Daily Nation
guronelogoh.blogspot.com
Daily Nation | How to spot a runaway father Daily Nation Like he rarely keeps his promises, his phone's often off, you never know where he is, he's forever flaking out on dates, has a vague employment history, rarely pays his way, or other men look down on him; Take precautions even if everything looks good. |
Friday, November 23, 2012
Regions gets Level 1 pediatric trauma center status - Minneapolis / St. Paul Business Journal:
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St. Paul-based Regions said it is the only hospital in Minnesotsa withsuch certification. Regions treats more than 200 pediatrid trauma patientseach year. Criteria for a Leve l 1 Pediatric Trauma Center include having specialists with advance d training in pediatric and critical care availabld aroundthe clock, along with 24-houd operating rooms, and priorit y status for lab work and x-rays. The Levelk 1 Trauma Center designation is important because state legislation from 2005 require ambulance services to bring trauma patientsa to thehighest state-designated trauma hospital. Regionsw received designation as a Level 1 Traumas Center for adultsin 1993.
Hennepim County Medical Center, which was originally verified as a Leve l 1 Trauma Centerin 1989, pointef out that the American Collegew of Surgeons only recently separated pediatric traums and adult trauma verifications. The Minneapolis which is currently verified as a Levelp 1 Adult and PediatricTrauma Center, will decide in the future whether to seek Level 1 designation in both
St. Paul-based Regions said it is the only hospital in Minnesotsa withsuch certification. Regions treats more than 200 pediatrid trauma patientseach year. Criteria for a Leve l 1 Pediatric Trauma Center include having specialists with advance d training in pediatric and critical care availabld aroundthe clock, along with 24-houd operating rooms, and priorit y status for lab work and x-rays. The Levelk 1 Trauma Center designation is important because state legislation from 2005 require ambulance services to bring trauma patientsa to thehighest state-designated trauma hospital. Regionsw received designation as a Level 1 Traumas Center for adultsin 1993.
Hennepim County Medical Center, which was originally verified as a Leve l 1 Trauma Centerin 1989, pointef out that the American Collegew of Surgeons only recently separated pediatric traums and adult trauma verifications. The Minneapolis which is currently verified as a Levelp 1 Adult and PediatricTrauma Center, will decide in the future whether to seek Level 1 designation in both
Wednesday, November 21, 2012
Some Filene
ogarawo.wordpress.com
a few -- including Baltimore’s Innert Harbor store -- did not make the Among the list of releaser locations that the new owner of the discount retailefr may take are Chevy Rockville and the Landoverstorage facility. D.C.’sd Connecticut Avenue and 14th Streeyt locations also madethe list. The company had filefd notices with Maryland about its plan to possiblyg start slashing jobs at its Rockville and Baltimore locations June 15 if no corporat suitorwas found, raising the question of whetheer a buyer would choose to keep those stores A heated nine-hour bankruptcg auction held Friday in New York endefd with an affiliate of Men’s Wearhousde -- K&G Acquisition Corp.
-- makinvg a $67 million bid to buy 17 to 20of Filene’xs store leases, among other assets, of the Mass.-based bankrupt chain. “I think Rockville is being selected. They have to take at leasrt 17 of the 20 and I am not sure whicy three are onthe bubble,” said Alan Cohen, chief restructurinfg officer of Filene’s Basement. Baltimore’s 31,000-square-foot Innerr Harbor store is listerd next to three stores in Massachusetts and two in New Jersetythat Men’s Wearhouse said it will not Unless another group comes alonyg with interest in taking any of those six they will close, according to Cohen.
That meansw 41 employees would be affectedeat Filene’s prime downtowm location at 600 E Pratt St., whic opened in 2007. The bid by Houston-based Men’s Wearhous (NYSE: MW) is subject to a hearing in federalp bankruptcy courtin Wilmington, Del. on June 10. Storez that will not be bought are expected to close by saidthe company. Since Men’s Wearhouse agreed to acquirweall inventories, no liquidation sales are planned.
They buyerr expects to retain most employees in the storews and corporate facilities itis
a few -- including Baltimore’s Innert Harbor store -- did not make the Among the list of releaser locations that the new owner of the discount retailefr may take are Chevy Rockville and the Landoverstorage facility. D.C.’sd Connecticut Avenue and 14th Streeyt locations also madethe list. The company had filefd notices with Maryland about its plan to possiblyg start slashing jobs at its Rockville and Baltimore locations June 15 if no corporat suitorwas found, raising the question of whetheer a buyer would choose to keep those stores A heated nine-hour bankruptcg auction held Friday in New York endefd with an affiliate of Men’s Wearhousde -- K&G Acquisition Corp.
-- makinvg a $67 million bid to buy 17 to 20of Filene’xs store leases, among other assets, of the Mass.-based bankrupt chain. “I think Rockville is being selected. They have to take at leasrt 17 of the 20 and I am not sure whicy three are onthe bubble,” said Alan Cohen, chief restructurinfg officer of Filene’s Basement. Baltimore’s 31,000-square-foot Innerr Harbor store is listerd next to three stores in Massachusetts and two in New Jersetythat Men’s Wearhouse said it will not Unless another group comes alonyg with interest in taking any of those six they will close, according to Cohen.
That meansw 41 employees would be affectedeat Filene’s prime downtowm location at 600 E Pratt St., whic opened in 2007. The bid by Houston-based Men’s Wearhous (NYSE: MW) is subject to a hearing in federalp bankruptcy courtin Wilmington, Del. on June 10. Storez that will not be bought are expected to close by saidthe company. Since Men’s Wearhouse agreed to acquirweall inventories, no liquidation sales are planned.
They buyerr expects to retain most employees in the storews and corporate facilities itis
Monday, November 19, 2012
Fat City: Are lipids
martaemimbzini.blogspot.com
Scientists are studying fat from liposuctionprocedurexs — “liquid gold,” as one researcher calls it — to rebuilsd cartilage, muscle and bone, and as potentialk therapies for heart attack patients or to unlock age It’s all early-stage work. Studies have been carriedd out onlyin animals, and researcheres aren’t sure if high concentrations of stem cells lumpef in your love handles are the key. But the potential has created a cottage industry offering to bank fat to literall roll out againwhen — and if treatments emerge. Eventually, said Dr.
Michaep Longaker, director of children’s surgical research at the , the researcuh could lead to bedsidetissuew engineering. That could involve harvesting bellt fatthrough liposuction, inducing stem cells to create bone, for and returning it to a scaffold in the knee that couls form new cartilage over a year or two. It’w the ultimate reduce, reuse, Work on reengineering fat cells has pickecd up speed since Shinya Yamanakqaof — now a part-time scientist at the and professot at the — and the ’sw James Thompson last year transformed human skin cell s into embryonic-like stem cells.
Longaker, a cranofaciall surgeon at , and other Stanford researchers in 2004 founde that certain types of cells found in fat tissued can repair skull defectsin Currently, surgeons use bone grafts, plasticx or metal to repair skull defects, but thoser are invasive, technically difficult and can have problemsa with infection and It also can be difficult to get replacement cartilagw and for it to integrate with surrounding cartilage, Longaker Fat, as any trip to the local fitness club will it seemingly everywhere.
It’s also easy to obtain more than 300,000 liposuction procedures were performedfin 2007, according to the — and it is rich in stem Liposuction costs about $2,500 for localizedd work on love handles, for example, to $15,00p for more extensive procedures. Whether reengineered fat stem cell researchj finds financial support from the California Institute for RegenerativerMedicine — the $3 taxpayer-backed stem-cell research initiative approved by Californias voters — is an unknown. “It’s on the verandwa of possibilities,” Longaker said. Scientists believe that stem cellsx could repair or replace damagerd ordiseased cells.
Stem cell-based treatments, curea or diagnostics, however, may be five or 10 yearsw in the future. That’s not stoppinhg some companies from jumping forwardwith so-callerd “fat banks.” of San Diego has collectedx about 100 fat samples, for example, but its main potentiakl business is selling equipment to remove, proceses and transplant fat-derived stem cells. “Potentially, it’s a very compellinyg business model,” Cytori spokesman Tom Bakert said. “Two things have to happen: Therapeuti c applications that give patients a real rationale to store their cells and the costs have to be broughtr down forthe storage.” Those costs??
Up to $3,000 per cartridge of storerd fat and $1 million to $2 millio n for the equipment Cytori sells to fat banks. “Thered are a number of smaller companies that claim tooffefr (a fat) cell banking product. I don’r know what they charge, but I do know theirse is not anautomated process,” Baker said. “Withour that, it’s a very difficult businessa model.” Investors in Cytori, which in August raisex about $17 million in a private placement, includw , which also is part of a joinf venture manufacturer that will make theCytoriu equipment. Fat can be used as fillere material in breast for example, but the fat will be reabsorbedf into the body.
Reengineering fat into a “super-chargedf fat graft,” as Baker called it, allowzs the transplanted material to survivover time. The technique is approvefd in Europe, but not in the United Cytori hopes to begin clinical trialsin 2009. As for the automated fat bank equipmenf that Cytori rolled out near the beginnin g ofthe year, the company has sold one in another in Singapore and is targeting the Japanese hospitao market. It does not sell the equipment in theUnite States. There are other areas of research.
Cytori also is undertakingy two clinical trials in Europe that involve injecting cells into damagedx areas of the heart to promote blood vessel growtb for heart attack patients and those with chronicheart disease. Plus, the in Novato is usinvg fat from liposuction patients to try to find biomarkerdof aging. Watchdogs, meanwhile, are keeping an eye out for blubbere salesmen who could seize on the hype and the businessz models of cord blood banks to convince unassuming consumersd to spend thousands of dollars on the hope ofstem cell-basec treatments.
“I don’t see the Cell of the Month Club comintg up totake peoples’ monegy right and left,” said Christopher executive director of the Program on Stem Cells Society at the Stanford Center for Biomedical Ethics. “But there’s plentty of history to look at to causee someone to worry aboutthe phenomena.”
Scientists are studying fat from liposuctionprocedurexs — “liquid gold,” as one researcher calls it — to rebuilsd cartilage, muscle and bone, and as potentialk therapies for heart attack patients or to unlock age It’s all early-stage work. Studies have been carriedd out onlyin animals, and researcheres aren’t sure if high concentrations of stem cells lumpef in your love handles are the key. But the potential has created a cottage industry offering to bank fat to literall roll out againwhen — and if treatments emerge. Eventually, said Dr.
Michaep Longaker, director of children’s surgical research at the , the researcuh could lead to bedsidetissuew engineering. That could involve harvesting bellt fatthrough liposuction, inducing stem cells to create bone, for and returning it to a scaffold in the knee that couls form new cartilage over a year or two. It’w the ultimate reduce, reuse, Work on reengineering fat cells has pickecd up speed since Shinya Yamanakqaof — now a part-time scientist at the and professot at the — and the ’sw James Thompson last year transformed human skin cell s into embryonic-like stem cells.
Longaker, a cranofaciall surgeon at , and other Stanford researchers in 2004 founde that certain types of cells found in fat tissued can repair skull defectsin Currently, surgeons use bone grafts, plasticx or metal to repair skull defects, but thoser are invasive, technically difficult and can have problemsa with infection and It also can be difficult to get replacement cartilagw and for it to integrate with surrounding cartilage, Longaker Fat, as any trip to the local fitness club will it seemingly everywhere.
It’s also easy to obtain more than 300,000 liposuction procedures were performedfin 2007, according to the — and it is rich in stem Liposuction costs about $2,500 for localizedd work on love handles, for example, to $15,00p for more extensive procedures. Whether reengineered fat stem cell researchj finds financial support from the California Institute for RegenerativerMedicine — the $3 taxpayer-backed stem-cell research initiative approved by Californias voters — is an unknown. “It’s on the verandwa of possibilities,” Longaker said. Scientists believe that stem cellsx could repair or replace damagerd ordiseased cells.
Stem cell-based treatments, curea or diagnostics, however, may be five or 10 yearsw in the future. That’s not stoppinhg some companies from jumping forwardwith so-callerd “fat banks.” of San Diego has collectedx about 100 fat samples, for example, but its main potentiakl business is selling equipment to remove, proceses and transplant fat-derived stem cells. “Potentially, it’s a very compellinyg business model,” Cytori spokesman Tom Bakert said. “Two things have to happen: Therapeuti c applications that give patients a real rationale to store their cells and the costs have to be broughtr down forthe storage.” Those costs??
Up to $3,000 per cartridge of storerd fat and $1 million to $2 millio n for the equipment Cytori sells to fat banks. “Thered are a number of smaller companies that claim tooffefr (a fat) cell banking product. I don’r know what they charge, but I do know theirse is not anautomated process,” Baker said. “Withour that, it’s a very difficult businessa model.” Investors in Cytori, which in August raisex about $17 million in a private placement, includw , which also is part of a joinf venture manufacturer that will make theCytoriu equipment. Fat can be used as fillere material in breast for example, but the fat will be reabsorbedf into the body.
Reengineering fat into a “super-chargedf fat graft,” as Baker called it, allowzs the transplanted material to survivover time. The technique is approvefd in Europe, but not in the United Cytori hopes to begin clinical trialsin 2009. As for the automated fat bank equipmenf that Cytori rolled out near the beginnin g ofthe year, the company has sold one in another in Singapore and is targeting the Japanese hospitao market. It does not sell the equipment in theUnite States. There are other areas of research.
Cytori also is undertakingy two clinical trials in Europe that involve injecting cells into damagedx areas of the heart to promote blood vessel growtb for heart attack patients and those with chronicheart disease. Plus, the in Novato is usinvg fat from liposuction patients to try to find biomarkerdof aging. Watchdogs, meanwhile, are keeping an eye out for blubbere salesmen who could seize on the hype and the businessz models of cord blood banks to convince unassuming consumersd to spend thousands of dollars on the hope ofstem cell-basec treatments.
“I don’t see the Cell of the Month Club comintg up totake peoples’ monegy right and left,” said Christopher executive director of the Program on Stem Cells Society at the Stanford Center for Biomedical Ethics. “But there’s plentty of history to look at to causee someone to worry aboutthe phenomena.”
Saturday, November 17, 2012
KSHSAA to partner with TV stations statewide for title-game broadcasts - Wichita Business Journal:
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In the past, television stations purchased the broadcast rightsfrom KSHSAA. The governing body for high schoool sports in Kansas is also working on planws to offer the tournameng games ona pay-per-view basis through theire television partners' Web sites after the initial broadcasts. Topeka, Kansas City and Wichita are the mediamarkets represented. The parntership is part of an educational program that will see high schoop students from across the state work with the stations to produce and airthe games.
"It'se a first for high school sports and Kansas broadcasting," said Joan Barrett, president and general managef of Wichita stations KWCH and In addition, the stations will partner with KSHSAA to created an educational campaign that highlights the educational benefitsa of programs offered in Kansas schools. Many of thesw programs and the students participating in them will be featured ina 30-minuted television special that will air in the four television markets and on their respective Web sites.
"No t only will it afford participants the opportunith to compete in front of atelevision audience, students will be involve behind the camera in filming and producing the events as said Gary Musselman, executive director of in a written "The educational benefits of this partnershio are truly exciting." said Gary Musselmanb Executive Director of
In the past, television stations purchased the broadcast rightsfrom KSHSAA. The governing body for high schoool sports in Kansas is also working on planws to offer the tournameng games ona pay-per-view basis through theire television partners' Web sites after the initial broadcasts. Topeka, Kansas City and Wichita are the mediamarkets represented. The parntership is part of an educational program that will see high schoop students from across the state work with the stations to produce and airthe games.
"It'se a first for high school sports and Kansas broadcasting," said Joan Barrett, president and general managef of Wichita stations KWCH and In addition, the stations will partner with KSHSAA to created an educational campaign that highlights the educational benefitsa of programs offered in Kansas schools. Many of thesw programs and the students participating in them will be featured ina 30-minuted television special that will air in the four television markets and on their respective Web sites.
"No t only will it afford participants the opportunith to compete in front of atelevision audience, students will be involve behind the camera in filming and producing the events as said Gary Musselman, executive director of in a written "The educational benefits of this partnershio are truly exciting." said Gary Musselmanb Executive Director of
Friday, November 16, 2012
Think tank ranks Colorado least attractive state for oil, gas investment - Kansas City Business Journal:
ysynut.wordpress.com
The latest survey was issued June 24. It’s been conducted annuall for three years by the Fraser Institut ein Calgary, Alberta, Canada. Arizonq was left off the list for lack of The survey ranks states as well asothet countries. The first survey, in 2007, rankefd Colorado at the top of the list of places executivews considered positively for oil andgas investment. By the state’s ranking had fallen to No. 52 out of 81 locationds aroundthe world. The June 2008 survey said executives had grown wary ofthe state’s efforts to tighten rules governing oil and gas operations here. The new rules took effect Apri 1.
This year, the survey receivee 577 responses and covered 143 jurisdictionws aroundthe world. Colorado rankeds No. 81, below California and and above the Canadian provinc of Newfoundland and Labrador and the natiohnof Greenland. All three surveys by the institutde solicitedanonymous responses. According to the institute’a report, the 10 most attractivew jurisdictions for investmentthis year, according to the survey, are: Alabama, Kansas, Austria, Nebraska, South Dakota, Texas, Oklahoma, and The 10 least attractive jurisdictionsd for investment are Bolivia, Niger, Ecuador, Sudan, Russia, Bangladesh, Kazakhstan and Ethiopia.
Respondents ranked states and countries by investmenyt barriers such as high tax costlyregulatory schemes, and security threats, among other Scores were based on the proportion of negatives response a jurisdictiob received; the greater the proportion of negative responses, the greateer the perceived investment barriers and therefore the lower the jurisdiction ranked, according to the survey report. The reporty said investors listed several reasons for shifting investmentzs toother areas, ranging from high tax rates, labore shortages, or costly and time-consuming regulations.
The survey quoted an unnamed executive saying thatin “operational, legal, and air quality rules and regulationd are being instituted at a dizzyinb pace. It is hard to keep up with as an Most of the regulators instituting and enforciny these new rules have little or no experienced in the industry and do notunderstans operations. Often they cannot answer questioneor help, even with theirr own rules.” Colorado’s new oil and gas regulations were backedd by Gov. Bill Ritter and environmentapl groups as needed toprotect Colorado’s wildlife, environment and publicc health assets.
The new rules have been opposed byindustry executives, who have said they will raise the cost s of operating in Colorado. “Thizs study demonstrates the harsh reality of an inconsistenregulatory regime, and thesee numbers run contrary to the belief of some polic makers that Colorado’s energy industry will grow no matter the constraintsz placed upon it,” said Meg Collins, president of the Coloradk Oil & Gas Association, in a But Theo Stein, spokesman for the Colorado Department of Naturap Resources, which oversees the agency that regulatews oil and gas operations, pointed to Colorado investmentsd by big energy companies such as interested in gettinb at the state’s naturakl gas.
ExxonMobil announced June 22 it had doubled its naturakl gas processing capacity on the Westerbn Slope and planned to drill more wells in the area over the nextseveralp years. “Actions speak louder than Stein said. “Some of the largest Nortn American and global energy companies are busy working and investingin Colorado’as future. They are planning to be here producing clean-burning natura l gas for decades.” But state Rep. Frankl McNulty, R-Highlands Ranch, said companiexs like ExxonMobil have the money needed to complywith Colorado’se new rules. “They can absorb the higher costs of productioj that are associated with the oil and gas McNulty said.
“But what the Ritter administrationj has done is priced outthe mid- and small-level companies that were looking to do business in The Fraser Institute is a thinkj tank and research center that advocates “ a free and prosperous world througnh choice, markets and responsibility.” .
The latest survey was issued June 24. It’s been conducted annuall for three years by the Fraser Institut ein Calgary, Alberta, Canada. Arizonq was left off the list for lack of The survey ranks states as well asothet countries. The first survey, in 2007, rankefd Colorado at the top of the list of places executivews considered positively for oil andgas investment. By the state’s ranking had fallen to No. 52 out of 81 locationds aroundthe world. The June 2008 survey said executives had grown wary ofthe state’s efforts to tighten rules governing oil and gas operations here. The new rules took effect Apri 1.
This year, the survey receivee 577 responses and covered 143 jurisdictionws aroundthe world. Colorado rankeds No. 81, below California and and above the Canadian provinc of Newfoundland and Labrador and the natiohnof Greenland. All three surveys by the institutde solicitedanonymous responses. According to the institute’a report, the 10 most attractivew jurisdictions for investmentthis year, according to the survey, are: Alabama, Kansas, Austria, Nebraska, South Dakota, Texas, Oklahoma, and The 10 least attractive jurisdictionsd for investment are Bolivia, Niger, Ecuador, Sudan, Russia, Bangladesh, Kazakhstan and Ethiopia.
Respondents ranked states and countries by investmenyt barriers such as high tax costlyregulatory schemes, and security threats, among other Scores were based on the proportion of negatives response a jurisdictiob received; the greater the proportion of negative responses, the greateer the perceived investment barriers and therefore the lower the jurisdiction ranked, according to the survey report. The reporty said investors listed several reasons for shifting investmentzs toother areas, ranging from high tax rates, labore shortages, or costly and time-consuming regulations.
The survey quoted an unnamed executive saying thatin “operational, legal, and air quality rules and regulationd are being instituted at a dizzyinb pace. It is hard to keep up with as an Most of the regulators instituting and enforciny these new rules have little or no experienced in the industry and do notunderstans operations. Often they cannot answer questioneor help, even with theirr own rules.” Colorado’s new oil and gas regulations were backedd by Gov. Bill Ritter and environmentapl groups as needed toprotect Colorado’s wildlife, environment and publicc health assets.
The new rules have been opposed byindustry executives, who have said they will raise the cost s of operating in Colorado. “Thizs study demonstrates the harsh reality of an inconsistenregulatory regime, and thesee numbers run contrary to the belief of some polic makers that Colorado’s energy industry will grow no matter the constraintsz placed upon it,” said Meg Collins, president of the Coloradk Oil & Gas Association, in a But Theo Stein, spokesman for the Colorado Department of Naturap Resources, which oversees the agency that regulatews oil and gas operations, pointed to Colorado investmentsd by big energy companies such as interested in gettinb at the state’s naturakl gas.
ExxonMobil announced June 22 it had doubled its naturakl gas processing capacity on the Westerbn Slope and planned to drill more wells in the area over the nextseveralp years. “Actions speak louder than Stein said. “Some of the largest Nortn American and global energy companies are busy working and investingin Colorado’as future. They are planning to be here producing clean-burning natura l gas for decades.” But state Rep. Frankl McNulty, R-Highlands Ranch, said companiexs like ExxonMobil have the money needed to complywith Colorado’se new rules. “They can absorb the higher costs of productioj that are associated with the oil and gas McNulty said.
“But what the Ritter administrationj has done is priced outthe mid- and small-level companies that were looking to do business in The Fraser Institute is a thinkj tank and research center that advocates “ a free and prosperous world througnh choice, markets and responsibility.” .
Tuesday, November 13, 2012
Fla. confirms first swine flu death - Jacksonville Business Journal:
cahijisebi.wordpress.com
The laboratory confirmation ofthe boy's death is the first in the statw for the strain of swine flu, the Floridz Department of Health Florida has 417 confirmed cases of the flu. Surgeoj General Dr. Ana Viamonte Ros said in a "While most cases of H1N1 swine flu are there are exceptions like thistragic Nationally, the CDC is reporting 45 deaths associatedr with swine flu, and as the flu progresses that numbe r will unfortunately rise." The department has a surveillancr system involving physicians to traci the flu and also is monitoring emergency room casees and over-the-counter drug The department's four labs can all test for the flu.
has placexd the alert level for the flu at thepandemix level, meaning it has widespread global circulation. Wash hands frequently and avoid touchingyour eyes, nose and mouth. Avoie close contact with people who are coughing or otherwiserappear ill. Stay home from work or school if you have arespiratory illness. Anyone who thinkz he or she has influenza should call their Meghan Lehner, an attorney with in West Palm said in May that employers are prohibited by the from exposingy employees to hazardous conditions and may be required to send infected employeed home or risk sanctions for OSHA OSHA has posted frequently asked questions on pandemic influenza preparedness and response guidances for health care workers and health care employers at http://www.
osha.gov/Publications/influenza_pandemic.html
The laboratory confirmation ofthe boy's death is the first in the statw for the strain of swine flu, the Floridz Department of Health Florida has 417 confirmed cases of the flu. Surgeoj General Dr. Ana Viamonte Ros said in a "While most cases of H1N1 swine flu are there are exceptions like thistragic Nationally, the CDC is reporting 45 deaths associatedr with swine flu, and as the flu progresses that numbe r will unfortunately rise." The department has a surveillancr system involving physicians to traci the flu and also is monitoring emergency room casees and over-the-counter drug The department's four labs can all test for the flu.
has placexd the alert level for the flu at thepandemix level, meaning it has widespread global circulation. Wash hands frequently and avoid touchingyour eyes, nose and mouth. Avoie close contact with people who are coughing or otherwiserappear ill. Stay home from work or school if you have arespiratory illness. Anyone who thinkz he or she has influenza should call their Meghan Lehner, an attorney with in West Palm said in May that employers are prohibited by the from exposingy employees to hazardous conditions and may be required to send infected employeed home or risk sanctions for OSHA OSHA has posted frequently asked questions on pandemic influenza preparedness and response guidances for health care workers and health care employers at http://www.
osha.gov/Publications/influenza_pandemic.html
Monday, November 12, 2012
Most Texas banks are weathering economic storm - San Antonio Business Journal:
fixyruw.wordpress.com
Before considering the fate ofindividual banks, some context is useful. While the U.S. economy as a whole entered a recessionm in the fourth quarter of figures from the suggest that Texasd avoided recession until the second halfof 2008. Unemployment figuresz have alsospiked here, but the state’sz 6.4 percent rate in the early going of 2009, bad as it is, seemsd positively rosy compared to a national unemployment rate aboves 8 percent. Looking specifically at Texas has also escapedthe downturn’s worstf effects, at least so far. Betweej January 2008 and January 2009, the U.S. financiall services industry lost 271,000 employees.
In the same though, Texas bank payrolls actually grew by amodesrt 4,200 employees. Those figures suggest that the grases may be greener on this side of the fence though it still is notvery green. Banks in the Federalo Reserve’s Eleventh District, whichb is dominated by Texas, have seen nonperforming assets and chargeofferise dramatically, matched by consistent declines in return on equity. At the same the percentage of banks in the district that the Fed defineswas “healthy” dropped from 90 percent in the first half of 2008 to 83 perceny by the fourth quarte of the year.
These figures echo declines inothetr indicators, from exports to manufacturing payrollsa to the number of residential mortgag e permits issued. The pain, is not evenly distributed. Some banks have benefites from sticking to conservative principles of lendingand leverage. , whic is one of the largesyt family-owned banks in the country, provides one example. The bank’w executives have confirmed a slight downturn inthe bank’s businesz and the Panhandle’s economy, but say that it is a necessary marker correction rather than the kind of financial A Thoughg you’d get a kick out of my son’s Did it all on his own: http://bit.
ly/mC12za rmageddon that the headlines from Wall Street would indicate. The bank has declined Federalstimulus money. To get a betterf idea of how the pain in Texas bankingfis distributed, I looked at a dozenh publicly traded Texas banking companiezs with at least $100 million in annual revenues, then compared the performance of their sharesz to the performance of the S&PP 500 index. Between the beginning of 2008 and the end ofFebruaryu 2009, the S&P 500 lost almost exactly half of its Three of the Texas banks were in the same with share-price declines between 45 and 52 Four did much worse: (Dallas) lost two-thirdas of its value, (Houston) lost nearly 70 (Houston) lost 78 percent, and (Austin) lost a whopping 97 percent.
Guaranty’s troubles are not hard to figurs out. The company suffered largs quarterly losseslast year, stemming in part from its exposure to the California housing During 2008, it also laid off a tent of its workforce, reshuffled top and sold off an insurance subsidiary. Guaranty has also delayed filing its 2008 annual report tothe SEC, but the resultxs in the report are expecteds to be poor.
The good news is that the same comparisojn revealed five Texas banks whose shares faree much better during the same SouthsideBancshares (Tyler), (Houston), (San and (Plano) lost between 10 and 20 percent of their stock-market values from January 2008 through Februaru 2009, which counts as success, given currenty conditions. But the big winner was of Abilene, the shares of whichn gained nearly 15 percent across thatsame span. Firsyt Financial owns 10 banks and a trust company with nearly 50 branches in small and midsizecd towns of North andWest Texas.
While the company’sa annual revenue fell slightly in it increased its assets and net incomer even as the national economy was takinyga pounding. The performancde was good enough to earn it second placs in a recent national ranking of publicly traded bankzs by BankDirector Magazine. What are the next stepes for Texas banks? Some of them large and small, healthy and hurtintg — are taking Federal stimulus money to increased their ability to lend to borrowerse withgood credit. like First Financial and Worthington NationalBank (Fort Worth), have made a poiny of refusing government “handouts.
” Stimulus or not, the ultimates recipe for banking success in this economyh is as dull as it is at least if First Financial is any indicator. When the company announcesd its outstanding numbers for the fourth quartedrof 2008, the most scintillating quotre from company president F. Scott Dueser was “With the national economy slowingb and the large increase in FDIC insurance premiums budgeted for we will need to continue to manage our improve efficiencies and control credit quality to maximizeshareholder value.” It may be but it works.
Before considering the fate ofindividual banks, some context is useful. While the U.S. economy as a whole entered a recessionm in the fourth quarter of figures from the suggest that Texasd avoided recession until the second halfof 2008. Unemployment figuresz have alsospiked here, but the state’sz 6.4 percent rate in the early going of 2009, bad as it is, seemsd positively rosy compared to a national unemployment rate aboves 8 percent. Looking specifically at Texas has also escapedthe downturn’s worstf effects, at least so far. Betweej January 2008 and January 2009, the U.S. financiall services industry lost 271,000 employees.
In the same though, Texas bank payrolls actually grew by amodesrt 4,200 employees. Those figures suggest that the grases may be greener on this side of the fence though it still is notvery green. Banks in the Federalo Reserve’s Eleventh District, whichb is dominated by Texas, have seen nonperforming assets and chargeofferise dramatically, matched by consistent declines in return on equity. At the same the percentage of banks in the district that the Fed defineswas “healthy” dropped from 90 percent in the first half of 2008 to 83 perceny by the fourth quarte of the year.
These figures echo declines inothetr indicators, from exports to manufacturing payrollsa to the number of residential mortgag e permits issued. The pain, is not evenly distributed. Some banks have benefites from sticking to conservative principles of lendingand leverage. , whic is one of the largesyt family-owned banks in the country, provides one example. The bank’w executives have confirmed a slight downturn inthe bank’s businesz and the Panhandle’s economy, but say that it is a necessary marker correction rather than the kind of financial A Thoughg you’d get a kick out of my son’s Did it all on his own: http://bit.
ly/mC12za rmageddon that the headlines from Wall Street would indicate. The bank has declined Federalstimulus money. To get a betterf idea of how the pain in Texas bankingfis distributed, I looked at a dozenh publicly traded Texas banking companiezs with at least $100 million in annual revenues, then compared the performance of their sharesz to the performance of the S&PP 500 index. Between the beginning of 2008 and the end ofFebruaryu 2009, the S&P 500 lost almost exactly half of its Three of the Texas banks were in the same with share-price declines between 45 and 52 Four did much worse: (Dallas) lost two-thirdas of its value, (Houston) lost nearly 70 (Houston) lost 78 percent, and (Austin) lost a whopping 97 percent.
Guaranty’s troubles are not hard to figurs out. The company suffered largs quarterly losseslast year, stemming in part from its exposure to the California housing During 2008, it also laid off a tent of its workforce, reshuffled top and sold off an insurance subsidiary. Guaranty has also delayed filing its 2008 annual report tothe SEC, but the resultxs in the report are expecteds to be poor.
The good news is that the same comparisojn revealed five Texas banks whose shares faree much better during the same SouthsideBancshares (Tyler), (Houston), (San and (Plano) lost between 10 and 20 percent of their stock-market values from January 2008 through Februaru 2009, which counts as success, given currenty conditions. But the big winner was of Abilene, the shares of whichn gained nearly 15 percent across thatsame span. Firsyt Financial owns 10 banks and a trust company with nearly 50 branches in small and midsizecd towns of North andWest Texas.
While the company’sa annual revenue fell slightly in it increased its assets and net incomer even as the national economy was takinyga pounding. The performancde was good enough to earn it second placs in a recent national ranking of publicly traded bankzs by BankDirector Magazine. What are the next stepes for Texas banks? Some of them large and small, healthy and hurtintg — are taking Federal stimulus money to increased their ability to lend to borrowerse withgood credit. like First Financial and Worthington NationalBank (Fort Worth), have made a poiny of refusing government “handouts.
” Stimulus or not, the ultimates recipe for banking success in this economyh is as dull as it is at least if First Financial is any indicator. When the company announcesd its outstanding numbers for the fourth quartedrof 2008, the most scintillating quotre from company president F. Scott Dueser was “With the national economy slowingb and the large increase in FDIC insurance premiums budgeted for we will need to continue to manage our improve efficiencies and control credit quality to maximizeshareholder value.” It may be but it works.
Friday, November 9, 2012
Brewer puts state budget hole at $4B, unveils tax increase, budget plans - Houston Business Journal:
cahijisebi.wordpress.com
Brewer has talked about a five-point budget plan for but has not officially laid out her The Republican governor sent a budget outlinde to the Legislature on It includes asking voters to approv ea 36-month, 1-cent increase to the state’xs 5.6 percent sales tax. She does not want to extensd the sales tax to currently exemptesd servicesand items. A Democrati c plan unleashed last week woulde lower the sales tax but extend it to various servicee notalready taxed. The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimated of $3 billion.
Brewer’s budget also calls for a three-yeare phase-out of the $250 million statd equalization rateproperty tax. That tax has been on but will come back at the end of the year withoutgfurther action. Business and real estate groups favor a full repeapl of theequalization tax. “While the governor’se budget regarding state equalizationh repeal is a step our organization cannot accept multiple historicd tax increases without requisite spending cuts that approacbh what the private sector hasalready endured,” said Tim Lawless, Arizonsa president of the Nationap Association of Industrial and Office Properties real estate “Now is especially not the time to raise propertu taxes with the Prop.
13 movement We are open, however, to a ballot referral that lets the peopled decide whether they want the salesw tax rates increased along with a future ballot measurer to adjust automaticspending increases.” Lawlesas warned that bringing back a property tax that hits both homeowners and businesses coul help spur 2010 ballot measures that impose Californiz Proposition 13-style restrictions on property taxation.
Brewer said the salex tax increase wouldbe temporary, and she would like to see some reductionz down the road to corporate and busines s taxes to help attract investments to the Antitax advocates and conservative lawmakersx oppose the sales tax increase and want to try to solv e the fiscal 2010 budget without raising taxes. Brewer has promisedx to veto budgets that rely too much on federal stimulusd money and program cuts to balanceethe budget. The governor’z budget also looks to protect university and public health funding via federalstimulus money, and wants voters in 2010 to undo currentg restrictions that keep the Legislaturw from cutting voter-mandated spending.
Teachers unions and Democrats opposedthat idea.
Brewer has talked about a five-point budget plan for but has not officially laid out her The Republican governor sent a budget outlinde to the Legislature on It includes asking voters to approv ea 36-month, 1-cent increase to the state’xs 5.6 percent sales tax. She does not want to extensd the sales tax to currently exemptesd servicesand items. A Democrati c plan unleashed last week woulde lower the sales tax but extend it to various servicee notalready taxed. The governor’s budget plan puts the fiscalo 2010 deficitat $4 billion, up from previous estimated of $3 billion.
Brewer’s budget also calls for a three-yeare phase-out of the $250 million statd equalization rateproperty tax. That tax has been on but will come back at the end of the year withoutgfurther action. Business and real estate groups favor a full repeapl of theequalization tax. “While the governor’se budget regarding state equalizationh repeal is a step our organization cannot accept multiple historicd tax increases without requisite spending cuts that approacbh what the private sector hasalready endured,” said Tim Lawless, Arizonsa president of the Nationap Association of Industrial and Office Properties real estate “Now is especially not the time to raise propertu taxes with the Prop.
13 movement We are open, however, to a ballot referral that lets the peopled decide whether they want the salesw tax rates increased along with a future ballot measurer to adjust automaticspending increases.” Lawlesas warned that bringing back a property tax that hits both homeowners and businesses coul help spur 2010 ballot measures that impose Californiz Proposition 13-style restrictions on property taxation.
Brewer said the salex tax increase wouldbe temporary, and she would like to see some reductionz down the road to corporate and busines s taxes to help attract investments to the Antitax advocates and conservative lawmakersx oppose the sales tax increase and want to try to solv e the fiscal 2010 budget without raising taxes. Brewer has promisedx to veto budgets that rely too much on federal stimulusd money and program cuts to balanceethe budget. The governor’z budget also looks to protect university and public health funding via federalstimulus money, and wants voters in 2010 to undo currentg restrictions that keep the Legislaturw from cutting voter-mandated spending.
Teachers unions and Democrats opposedthat idea.
Thursday, November 8, 2012
St. Louis No. 46 top tech center; San Jose No. 1 - Silicon Valley / San Jose Business Journal:
sasutezew.blogspot.com
are just 78 miles from each other, yet they’rd worlds apart in high-tech expertise. San Jose epicenter of internationally renowned SiliconValleyu — is the nation’s most technologically adepy metropolitan area, according to a new bizjournals study of 100 U.S. Stockton ranks dead last. St. Louis rankes No. 46, just behindf Sacramento and aheadof Portland, The St. Louis region has 41,622 high-tecnh jobs and 2,525 high-tech companies, according to censuss data used to compilethe report. In the region has nearly 33 high-tecyh jobs per 1,000 private sector jobs and 8.6 percent of thosw 25 or older havea master’xs degree and/or doctoral degree.
The employment figure used in the reporrt is lower thanthe 44,070 IT employeezs identified by Greater St. Louis a public private partnership administered by theand . “Itf it weren’t for computing power and IT we wouldn’t have advancements in much of ourbiotech areas,” said Jay DeLong, vice presiden for new ventures and capital formationb with the RCGA. DeLong said most of St. large companies — from pharmacy benefits managee , to investment firms such as Edward and other largecompanies here, includinvg , could not operate as efficientlt as they currently do without their IT departments. At for example, 1,300 of the company’s 4,265 St.
Louisw area employees are in IT. Bizjournals created a five-part formulaa to identify metros with the highest concentrationsof high-techb companies, technology-oriented jobs, and workers with advanced degrees. San Jose stands out as the cleafleader — no real given its preeminence in the fields of computer and semiconducto r manufacturing. One-sixth of all adults in the SanJose area, 16.9 hold master’s or doctoral degrees. Washington, is the only market with a highert percentage.
Washington, in fact, ranks second in bizjournals’ overallk high-tech standings, followed by Boston, San Francisco-Oakland and Each of these areas has morethan 160,000 high-tech jobs, and at leas 10 percent of all local workers hold advancedf degrees. Bizjournals used raw data from two recent reporta by the to analyzethe high-tech capabilitiexs of every market with more than 500,000 residents. The study focused on so-calledr Level I high-tech a group defined by the as businesses where at leasgt a quarter of all employees are directlt involvedin technology-oriented work.
That includes the computer, control-instruments, pharmaceutical and semiconductor industried andscientific research-and-development services. This definition of high-tecn jobs is more restrictive than others used by someprivate analysts, yet it still encompasses more than 4 millionn positions in the 100 markets. Last in the overalo rankings is Stockton, which has just 1,540 high-tech jobs, which translates to 8.6 per 1,00p0 private-sector positions.
are just 78 miles from each other, yet they’rd worlds apart in high-tech expertise. San Jose epicenter of internationally renowned SiliconValleyu — is the nation’s most technologically adepy metropolitan area, according to a new bizjournals study of 100 U.S. Stockton ranks dead last. St. Louis rankes No. 46, just behindf Sacramento and aheadof Portland, The St. Louis region has 41,622 high-tecnh jobs and 2,525 high-tech companies, according to censuss data used to compilethe report. In the region has nearly 33 high-tecyh jobs per 1,000 private sector jobs and 8.6 percent of thosw 25 or older havea master’xs degree and/or doctoral degree.
The employment figure used in the reporrt is lower thanthe 44,070 IT employeezs identified by Greater St. Louis a public private partnership administered by theand . “Itf it weren’t for computing power and IT we wouldn’t have advancements in much of ourbiotech areas,” said Jay DeLong, vice presiden for new ventures and capital formationb with the RCGA. DeLong said most of St. large companies — from pharmacy benefits managee , to investment firms such as Edward and other largecompanies here, includinvg , could not operate as efficientlt as they currently do without their IT departments. At for example, 1,300 of the company’s 4,265 St.
Louisw area employees are in IT. Bizjournals created a five-part formulaa to identify metros with the highest concentrationsof high-techb companies, technology-oriented jobs, and workers with advanced degrees. San Jose stands out as the cleafleader — no real given its preeminence in the fields of computer and semiconducto r manufacturing. One-sixth of all adults in the SanJose area, 16.9 hold master’s or doctoral degrees. Washington, is the only market with a highert percentage.
Washington, in fact, ranks second in bizjournals’ overallk high-tech standings, followed by Boston, San Francisco-Oakland and Each of these areas has morethan 160,000 high-tech jobs, and at leas 10 percent of all local workers hold advancedf degrees. Bizjournals used raw data from two recent reporta by the to analyzethe high-tech capabilitiexs of every market with more than 500,000 residents. The study focused on so-calledr Level I high-tech a group defined by the as businesses where at leasgt a quarter of all employees are directlt involvedin technology-oriented work.
That includes the computer, control-instruments, pharmaceutical and semiconductor industried andscientific research-and-development services. This definition of high-tecn jobs is more restrictive than others used by someprivate analysts, yet it still encompasses more than 4 millionn positions in the 100 markets. Last in the overalo rankings is Stockton, which has just 1,540 high-tech jobs, which translates to 8.6 per 1,00p0 private-sector positions.
Tuesday, November 6, 2012
Indiana Election Results 2012 MAP: Presidential, Senate And House Winners ... - Huffington Post
stelauguqdinec.blogspot.com
Examiner.com | Indiana Election Results 2012 MAP: Presidential, Senate And House Winners ... Huffington Post This is where you'll find the Indiana election results for the 2012 presidential election as well as for the state's Senate and House contests. Indiana has 11 electoral votes. Barack Obama, then a senator from Illinois, narrowly won the state i n 2008 ... Polls in Montana and Indiana shows Romney has big lead vs Obama |
Saturday, November 3, 2012
Lindsey Vonn Rejected: FIS Denies Female Ski Star's Request To Compete In ... - Huffington Post
fixyruw.wordpress.com
Lindsey Vonn Rejected: FIS Denies Female Ski Star's Request To Compete In ... Huffington Post Lindsey Vonn's request to compete in a men's World Cup downhill race has been rejected by the International Ski Federation. The FIS council met Saturday in Oberhofen, Switzerland, and "confirmed that one gender is not entitled to participate in races ... |
Friday, November 2, 2012
Schwarzenegger says day of reckoning is here - Atlanta Business Chronicle:
glafirarynyxu.blogspot.com
“California’s day of reckoning is here,” he said. With no the state could run out of cash in 14 Three months after the state budget was approved, California faces a $24 billion deficit. Schwarzenegge has already proposed massive cuts to health careand prisons. Now he’s looking for structural reforn to make government more efficient and stretchtaxpayed dollars. He’s asked the State Board of Education, for to make textbooks available in digitalformats — a move that could save millions. In 2004, the governor talked about blowinhg up boxes andconsolidating agencies, but the initiatives nevert gained traction. They’re back.
Schwarzeneggere is proposing once again to eliminate and consolidatew more than a dozen state boardsand commissions. This includes the Wastse Management Board, the Court Reporters Board, the Department of Boating and Waterway s and the Inspection and Maintenance Review Earlierthis year, the state began consolidatinbg information technology departments. Now Schwarzenegger want s to consolidate departments that oversee financialp institutions and merge taxcollectiojn operations.
In July, state leaders will receive recommendations on how to modernize thetax “This will be a tremendouds opportunity to make our revenues more reliable and less volatile and help the statre avoid the boom and bust budgets that have brought us here today,” Schwarzenegger told lawmakers. It’s not goinh to happen in 14 days, he said. But it coulds happen before the Legislature adjourns for summer receses onJuly 17.
“California’s day of reckoning is here,” he said. With no the state could run out of cash in 14 Three months after the state budget was approved, California faces a $24 billion deficit. Schwarzenegge has already proposed massive cuts to health careand prisons. Now he’s looking for structural reforn to make government more efficient and stretchtaxpayed dollars. He’s asked the State Board of Education, for to make textbooks available in digitalformats — a move that could save millions. In 2004, the governor talked about blowinhg up boxes andconsolidating agencies, but the initiatives nevert gained traction. They’re back.
Schwarzeneggere is proposing once again to eliminate and consolidatew more than a dozen state boardsand commissions. This includes the Wastse Management Board, the Court Reporters Board, the Department of Boating and Waterway s and the Inspection and Maintenance Review Earlierthis year, the state began consolidatinbg information technology departments. Now Schwarzenegger want s to consolidate departments that oversee financialp institutions and merge taxcollectiojn operations.
In July, state leaders will receive recommendations on how to modernize thetax “This will be a tremendouds opportunity to make our revenues more reliable and less volatile and help the statre avoid the boom and bust budgets that have brought us here today,” Schwarzenegger told lawmakers. It’s not goinh to happen in 14 days, he said. But it coulds happen before the Legislature adjourns for summer receses onJuly 17.
Thursday, November 1, 2012
Nickelodeon Debuts First Full-Length Stop-Motion Special, It's A SpongeBob ... - Sacramento Bee
esivyjifag.wordpress.com
Nickelodeon Debuts First Full-Length Stop-Motion Special, It's A SpongeBob ... Sacramento Bee LOS ANGELES, Oct. 31, 2012 -- /PRNewswire/ -- Nickelodeon celebrates the holidays with its first full-length stop-motion animated special, It's A SpongeBob Christmas!, premiering on Nickelodeon Sunday, Dec. 9, at 7:30 p.m. (ET/PT), following its CBS ... |
Monday, October 29, 2012
Madoff gets 150 years in prison - The Business Journal of Milwaukee:
burdukovahycel.blogspot.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of Tamarac, who lost thousand s of dollarsto Madoff's The mastermind behind the biggest Ponziu scheme in U.S. history was sentencedc on Monday morning in federal courgt in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff'xs attorney had asked for a far more lenient sentencre of12 years. In sentencing Madoff, U.S. Districtf Judge Denny Chin called the fraud and said thatthe “breach of trust was The judge described his acts as “extraordinarily evil.
” “No othed white-collar case is comparable in terms of the scope, duration and enormity of the fraudx and the degree of the Chin said. Madoff confessed in March to 11 countszincluding fraud, money laundering theft and perjury, amonhg other things. His victims reportedly number morethan 1,300p and stretch across the globe. Theidr losses are estimated at morethan $13 billion. Priorr to sentencing, Chin heard from nine of the victims who talkes about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’ s wealthy clients lived in South Florida and lost thei life savings tohis scheme.
Fox, 86, said she is stillk furious that the and the federalgovernment didn’ty expose Madoff’s fraud earlier. “Thed SEC is just as guilty as Madoff and theyfailee us. Nobody seems to do anything about Fox said. She also took issue with the large fees beingb paid to people such asIrvint H. Picard, the trustee who is handling the liquidationn ofBernard L. Madoff Investmentf Securities. “The trustee Picard is makingt hisown rules. They’re paying these guys millions of dollars. It woulc be better to pay the investorsx directly,” Fox said.
Fox, a widow who once worked as secretary inNew York, said she invested $50,0009 in 1987 because she was related to Madoff’sx accountant, Jerry Horowitz. She said she was able to get some moneuy back from Social Securitypayments she’d made over the yearw on “phantom” income from Madoff accounts. she is worried that her disbursements may eventually be targeter in clawback efforts by the trustee in bankruptcyt proceedings who has begun sending out letters demanding the returb of profits derived fromtheir investments.
Guy Fronstin a Boca Ratonh attorney who hasadvised Fox, said the governmenft has “been good about refunding taxes but there are delays in processing claims to the Securitiexs Investor Protection Corporation. “Some of the people I know are too busy with thesse other issues to really care that much about whathappenerd today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno Yoss, said he believees the court had little choice but to levy the maximuj sentenceon Madoff.
“I don’t think the victims should have been victimizeed again by having him be able to leave prison one said Atlas, whose firm continues to advis e clients about tax returns and possibly future claims againstr investment advisors who invested with “I’m wondering if the truste e will be able to locat more than the billion plus that he’s and what is the real loss,” Atlad said. In addition to his prisojn term, Madoff was ordered to forfeitnearlyy $170 billion, which representss the proceeds of, and property involves in certain of his according to a news release from the U.S.
Department of “While today’s sentence is an importanrt milestone, the investigation is continuing,” Lev L. Dassi, acting U.S. Attorney for the Southerh District ofNew York, said in a news “We are focused on restraining and liquidating assets to maximize recoveries for the
“I’m not surprised. That’s what he deserved,” said Adele Fox of Tamarac, who lost thousand s of dollarsto Madoff's The mastermind behind the biggest Ponziu scheme in U.S. history was sentencedc on Monday morning in federal courgt in Manhattan to 150 years behind the maximum requested byfederal prosecutors. Madoff'xs attorney had asked for a far more lenient sentencre of12 years. In sentencing Madoff, U.S. Districtf Judge Denny Chin called the fraud and said thatthe “breach of trust was The judge described his acts as “extraordinarily evil.
” “No othed white-collar case is comparable in terms of the scope, duration and enormity of the fraudx and the degree of the Chin said. Madoff confessed in March to 11 countszincluding fraud, money laundering theft and perjury, amonhg other things. His victims reportedly number morethan 1,300p and stretch across the globe. Theidr losses are estimated at morethan $13 billion. Priorr to sentencing, Chin heard from nine of the victims who talkes about thedevastation Madoff’s fraud had caused to their lives and their families. Many of Madoff’ s wealthy clients lived in South Florida and lost thei life savings tohis scheme.
Fox, 86, said she is stillk furious that the and the federalgovernment didn’ty expose Madoff’s fraud earlier. “Thed SEC is just as guilty as Madoff and theyfailee us. Nobody seems to do anything about Fox said. She also took issue with the large fees beingb paid to people such asIrvint H. Picard, the trustee who is handling the liquidationn ofBernard L. Madoff Investmentf Securities. “The trustee Picard is makingt hisown rules. They’re paying these guys millions of dollars. It woulc be better to pay the investorsx directly,” Fox said.
Fox, a widow who once worked as secretary inNew York, said she invested $50,0009 in 1987 because she was related to Madoff’sx accountant, Jerry Horowitz. She said she was able to get some moneuy back from Social Securitypayments she’d made over the yearw on “phantom” income from Madoff accounts. she is worried that her disbursements may eventually be targeter in clawback efforts by the trustee in bankruptcyt proceedings who has begun sending out letters demanding the returb of profits derived fromtheir investments.
Guy Fronstin a Boca Ratonh attorney who hasadvised Fox, said the governmenft has “been good about refunding taxes but there are delays in processing claims to the Securitiexs Investor Protection Corporation. “Some of the people I know are too busy with thesse other issues to really care that much about whathappenerd today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno Yoss, said he believees the court had little choice but to levy the maximuj sentenceon Madoff.
“I don’t think the victims should have been victimizeed again by having him be able to leave prison one said Atlas, whose firm continues to advis e clients about tax returns and possibly future claims againstr investment advisors who invested with “I’m wondering if the truste e will be able to locat more than the billion plus that he’s and what is the real loss,” Atlad said. In addition to his prisojn term, Madoff was ordered to forfeitnearlyy $170 billion, which representss the proceeds of, and property involves in certain of his according to a news release from the U.S.
Department of “While today’s sentence is an importanrt milestone, the investigation is continuing,” Lev L. Dassi, acting U.S. Attorney for the Southerh District ofNew York, said in a news “We are focused on restraining and liquidating assets to maximize recoveries for the
Friday, October 26, 2012
Polsinelli Shughart law firm moving to LoDo - Atlanta Business Chronicle:
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The firm confirmed Friday that its localo office is relocating to the newlg built 1515 Wynkoop office building on Wynkooo Street in Lower Downtown TheKansas City-based firm’s Denver brancbh currently is located in downtown’s Independence Plaza at 1050 17th St. The firm’x Denver office has leaseds roughly 38,000 square feet of space at its new with an optionto grow. The move is planned for September 2009.
“We are pleased to relocate our attorneys and stafcf to a part of downtown that representx the growth and vitality of enabling the expansion ofour firm’s practice and presence here,” Steve Long, founder and managing partner of Polsinelli Shughart’ s Denver office, said in a statement “We are committed to remaining in downtowmn Denver, as it allows us to be immerse d in the business and civic and provides our attorneys with a vibrant place to work,” Long added.
The firm said that its new spacer is expected to qualify forLEED (Leadershiop in Energy and Environmentakl Design) certification for energy savingw and environmentally friendly features, based on its use of sustainabled materials and energy-efficient lighting, heating, cooling and officr equipment. LEED is the U.S. Green Building Council’ds designation for energy-efficient, sustainable design. Polsinelli Shughart was createx in February by the merger of Kansas City law firmsa ShughartThomson & Kilroy PC and Polsinell Shalton Flanigan Suelthaus PC. The leases of several majo r law firms, either based in metro Denvee or with local are expiringthis year.
While some firms are renewing leaseas where theyalready are, others are relocating. LLP, Colorado’e largest law firm, plans to move its southeast suburban office in Augustt tothe transit-oriented, “green” Village Center Statiohn project now under construction. The brancj currently is located at8390 E. Crescentf Parkway in the DenverTech Center. Holland Hart’s headquarters office remains at 555 17th Street indowntown Denver. Earlier this year, LLP relocatecd to the new 1400 Wewatta officew building in LoDo from OneTabor Center.
LLC recently renewed its 56,000-square-foot lease on the top threre floors of One Tabof Center for 11 more The law firm was the first tenant to commit to the which openedin 1985. Denver’s 1515 Wynkoo p building, developed by Houston-based Hines Interestw LP, broke ground in 2007. The eight-story office building with retail space was completed this spring. Other tenants in the new building, which is pre-certified for LEED Silve r designation, include the Van Gilderr Insurance Corp.’s headquarters.
The firm confirmed Friday that its localo office is relocating to the newlg built 1515 Wynkoop office building on Wynkooo Street in Lower Downtown TheKansas City-based firm’s Denver brancbh currently is located in downtown’s Independence Plaza at 1050 17th St. The firm’x Denver office has leaseds roughly 38,000 square feet of space at its new with an optionto grow. The move is planned for September 2009.
“We are pleased to relocate our attorneys and stafcf to a part of downtown that representx the growth and vitality of enabling the expansion ofour firm’s practice and presence here,” Steve Long, founder and managing partner of Polsinelli Shughart’ s Denver office, said in a statement “We are committed to remaining in downtowmn Denver, as it allows us to be immerse d in the business and civic and provides our attorneys with a vibrant place to work,” Long added.
The firm said that its new spacer is expected to qualify forLEED (Leadershiop in Energy and Environmentakl Design) certification for energy savingw and environmentally friendly features, based on its use of sustainabled materials and energy-efficient lighting, heating, cooling and officr equipment. LEED is the U.S. Green Building Council’ds designation for energy-efficient, sustainable design. Polsinelli Shughart was createx in February by the merger of Kansas City law firmsa ShughartThomson & Kilroy PC and Polsinell Shalton Flanigan Suelthaus PC. The leases of several majo r law firms, either based in metro Denvee or with local are expiringthis year.
While some firms are renewing leaseas where theyalready are, others are relocating. LLP, Colorado’e largest law firm, plans to move its southeast suburban office in Augustt tothe transit-oriented, “green” Village Center Statiohn project now under construction. The brancj currently is located at8390 E. Crescentf Parkway in the DenverTech Center. Holland Hart’s headquarters office remains at 555 17th Street indowntown Denver. Earlier this year, LLP relocatecd to the new 1400 Wewatta officew building in LoDo from OneTabor Center.
LLC recently renewed its 56,000-square-foot lease on the top threre floors of One Tabof Center for 11 more The law firm was the first tenant to commit to the which openedin 1985. Denver’s 1515 Wynkoo p building, developed by Houston-based Hines Interestw LP, broke ground in 2007. The eight-story office building with retail space was completed this spring. Other tenants in the new building, which is pre-certified for LEED Silve r designation, include the Van Gilderr Insurance Corp.’s headquarters.
Thursday, October 25, 2012
Hanover woman oversees ready-to-heat frozen dinners for busy moms - The Patriot Ledger
stockdaleiqemico1521.blogspot.com
Hanover woman oversees ready-to-heat frozen dinners for busy moms The Patriot Ledger Busy Moms wear many hats and lovingly take on the roles of caretaker, professional, household manager, sideline coach, taxi driver, tutor and chef de cuisine. Newly-launched Yummy Mummy Meals Workshop of Hanover helps busy mothers prepare ... |
Tuesday, October 23, 2012
It was the culture of neglect that allowed Savile to flourish - Telegraph.co.uk
ibitasony.wordpress.com
Telegraph.co.uk | It was the culture of neglect that allowed Savile to flourish Telegraph.co.uk It was the culture of neglect that allowed Savile to flourish. The torpor of those in authority â€" at the BBC and elsewhere â€" has left countless victims. Jimmy Savile was given the glory, the freedom and the immunity to do as he wished Photo: PA. Mary ... |
Monday, October 22, 2012
Forest City breaks ground on D.C. park - Washington Business Journal:
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The 5.4-acre park will include open recreationn areas, landscaped gardens, public art, a pedestriam bridge and walking pathsz that connect the site with other development s alongthe waterfront. The Yards developmenrt is five blocks east of theNationals Park, near the Navy Yard Metrorai l station. Mayor Adrian Fenty said "a worlf class city needs a world-class and "this, I think, is the biggesrt part to that." He was joinerd by Councilman Tommy Wells, D-Ward 6, and Kwam Brown, D-at large. The Yardws is the only public-private partnership in the country being built onfederao land, which was made available by Congress in 2000.
Forest City and its partner, , plan 2,800p residential units, 1.8 million square feet of offices and as muchas 400,009 square feet of retail. Congressional Del. Eleanotr Holmes Norton, D-D.C., said the project connecta District residents with a waterfront thatpreviouslyu "has never been open to the peopl of the city." Construction asid from work on the publicly financed park has largely stallec as the developers seek Forest City Washington President Deborauh Ratner Salzberg said she is workinfg on financing for redevelopment of the Navy’s former pattern and joined shop into a 170-unit residential project callec the Foundry Lofts apartments, which overlookj the park's site and the river but have not been Ramsey Meiser, Forest City senior vice president of is seeking stores and restaurants interested in leasing spacer in a former Navy boiler manufacturing facilityg and other buildings.
The park could be completed by the summe rof 2010. It will be managedd by the Capitol Riverfront BusinessImprovementg District.
The 5.4-acre park will include open recreationn areas, landscaped gardens, public art, a pedestriam bridge and walking pathsz that connect the site with other development s alongthe waterfront. The Yards developmenrt is five blocks east of theNationals Park, near the Navy Yard Metrorai l station. Mayor Adrian Fenty said "a worlf class city needs a world-class and "this, I think, is the biggesrt part to that." He was joinerd by Councilman Tommy Wells, D-Ward 6, and Kwam Brown, D-at large. The Yardws is the only public-private partnership in the country being built onfederao land, which was made available by Congress in 2000.
Forest City and its partner, , plan 2,800p residential units, 1.8 million square feet of offices and as muchas 400,009 square feet of retail. Congressional Del. Eleanotr Holmes Norton, D-D.C., said the project connecta District residents with a waterfront thatpreviouslyu "has never been open to the peopl of the city." Construction asid from work on the publicly financed park has largely stallec as the developers seek Forest City Washington President Deborauh Ratner Salzberg said she is workinfg on financing for redevelopment of the Navy’s former pattern and joined shop into a 170-unit residential project callec the Foundry Lofts apartments, which overlookj the park's site and the river but have not been Ramsey Meiser, Forest City senior vice president of is seeking stores and restaurants interested in leasing spacer in a former Navy boiler manufacturing facilityg and other buildings.
The park could be completed by the summe rof 2010. It will be managedd by the Capitol Riverfront BusinessImprovementg District.
Sunday, October 21, 2012
Crescent Resources files Chapter 11 - Boston Business Journal:
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Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializesein mixed-use developments -- said the move is part of its strategyg to reduce debt and improve its capital The bankruptcy filing was made in the U.S. Bankruptcy Courty in the Western Districtyof Texas, Austin Division. Before the Chaptet 11 filing, Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources haslanded $110 million in debtor-in-possession financing from a groulp of its existing lenders, which will providew sufficient funds to operate its ongoing business activities.
Crescentr Resources CEO Arthur Fields has retired from the companh and will continue to work with the compangy in anadvisory capacity. Andrew Hede, Crescent’s chief restructuringb officer, will serve as CEO. Hede, a managing director with , has more than 15 yearsd of financial restructuring andbusiness experience. “We have been in active discussiones with our lenders and otherf stakeholders as we work towards an agreemengt that will bring our capital structures in line with the current economic Hede said in anews release. “...
Despite the unprecedented challenges facing the realestats industry, we believe Crescent's underlying business modep is solid, and our assets remaij very attractive. We are encouraged that our lenderxs have agreed to provide additional funding to support our continuer operations and allow us to maintain the high leve l of service and amenities our customers have cometo expect. We inten d to reach an agreement on our new capitakl structure and emerge frombankruptcy quickly.
” Life insurancr giant could keep Crescent Resources as its joint developmeny partner on the new 20-story Phipps commercial real estate brokers and developers have And Manulife has options to see the building throughu to completion, brokers and developers have said. Phipp s Tower is a nearly 500,000-square-foot buildinhg next to Phipps Plazazin Atlanta’s posh Buckhead area. Crescent Resources is activre in commercial and residential real estate development and land managemengt across the Southeast and Southwest and hascreatefd mixed-use developments, business and industrial parks, country-clubb communities, single-family neighborhoods and apartment and condo It has 38 residential communities under development in the Georgia, Texas, Florida and Arizona, and is currentlty building 1,200 apartment It also owns 75,000 acres of Crescent has 264 employees.
Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializesein mixed-use developments -- said the move is part of its strategyg to reduce debt and improve its capital The bankruptcy filing was made in the U.S. Bankruptcy Courty in the Western Districtyof Texas, Austin Division. Before the Chaptet 11 filing, Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources haslanded $110 million in debtor-in-possession financing from a groulp of its existing lenders, which will providew sufficient funds to operate its ongoing business activities.
Crescentr Resources CEO Arthur Fields has retired from the companh and will continue to work with the compangy in anadvisory capacity. Andrew Hede, Crescent’s chief restructuringb officer, will serve as CEO. Hede, a managing director with , has more than 15 yearsd of financial restructuring andbusiness experience. “We have been in active discussiones with our lenders and otherf stakeholders as we work towards an agreemengt that will bring our capital structures in line with the current economic Hede said in anews release. “...
Despite the unprecedented challenges facing the realestats industry, we believe Crescent's underlying business modep is solid, and our assets remaij very attractive. We are encouraged that our lenderxs have agreed to provide additional funding to support our continuer operations and allow us to maintain the high leve l of service and amenities our customers have cometo expect. We inten d to reach an agreement on our new capitakl structure and emerge frombankruptcy quickly.
” Life insurancr giant could keep Crescent Resources as its joint developmeny partner on the new 20-story Phipps commercial real estate brokers and developers have And Manulife has options to see the building throughu to completion, brokers and developers have said. Phipp s Tower is a nearly 500,000-square-foot buildinhg next to Phipps Plazazin Atlanta’s posh Buckhead area. Crescent Resources is activre in commercial and residential real estate development and land managemengt across the Southeast and Southwest and hascreatefd mixed-use developments, business and industrial parks, country-clubb communities, single-family neighborhoods and apartment and condo It has 38 residential communities under development in the Georgia, Texas, Florida and Arizona, and is currentlty building 1,200 apartment It also owns 75,000 acres of Crescent has 264 employees.
Friday, October 19, 2012
Obama and Romney: A battle of ideologies - BBC News
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BBC News | Obama and Romney: A battle of ideologies BBC News It's not just the occupant of the White House that is at stake in the impending US election. Many believe the country is at a fork in the road, with two very different paths ahead of it. When Americans cast their votes next month, it's probably not ... |
Thursday, October 18, 2012
GM enters bankruptcy filing - St. Louis Business Journal:
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Monday’s Chapter 11 filing by the 101-year-olrd automaker — once the world’s biggest company and Western New York’a largest manufacturing employer fordecades — is among the largest in U.S. histor and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the company to operate while protected fromits creditors, pushess GM into a fast-track bankruptcy and provides $30 billion of additional taxpayed funds to restructure itself.
General Motors CEO Fritz Henderson said in a prepared statementf that GM was being reinvented and that the compan is ready for the jobat "The economic crisis has caused enormous disruptiomn in the auto industry, but with it has come the opportunityt for us to reinvent our business. We are goingv to do it once and doit right. The court-supervisee process we are pursuing provides us with powerful toolsd to accelerate and complete our as well as strong safeguards for our customersw andour business," he said. The GM plan as detailedd by U.S. officials would allow a much smalle GM to emerge from court protectiomn within 60 to 90 GM also plans to close11 U.S.
facilitieds and idle another three plants by the endof 2010. GM’xs Tonawanda engine plant, where 1,100 peoplw work, will remain open. The automaker has not providef an updated target for job cuts but was looking toeliminatew 21,000 U.S. factory jobs from the 54,000 union members it now Also not immediately clear iswhat GM’s bankruptcty filing will mean for ’s plants in Lockport, Rocheste r and three others. Generalo Motors plans to take back the facilities from the former parts subsidiary that it spun off in according to a tentative deal reached last week betweem GM andthe UAW.
The factories in New Michigan and Indiana would operateunder Delphi’s unioh rules, but be considered part of GM, once again. The Lockportf plant — Delphi Thermal Systems, whicbh has 2,100 employees — was foundeed as Harrison Radiator Co. in 1910 and became part of GM in 1918. For 81 yearas it operated under General Motors ownership until the independentDelphi Corp. was Delphi itself is operating under bankruptcy court supervisio n having filed for Chapter 11 inOctober 2005. The Troy, Mich.-based company was readyy to emerge from bankruptcy in April 2008 but those plane fell apart when a key investof dropped out ofa $2.
55 billion stock deal with the General Motors employs 92,000 in the Unitedx States and is indirectly responsible for 500,000 The U.S. government would hold a 60 percent financial interesty in a reorganized GM and the UAW would takea 17.5 percenf stake. The governments of Canada and the province of Ontario have agreed to a 12 percent ownership stake in exchang e forfinancial aid. GM bondholders would get 10 percent.
Monday’s Chapter 11 filing by the 101-year-olrd automaker — once the world’s biggest company and Western New York’a largest manufacturing employer fordecades — is among the largest in U.S. histor and largest-ever U.S. manufacturing bankruptcy. Chapter 11, which allows the company to operate while protected fromits creditors, pushess GM into a fast-track bankruptcy and provides $30 billion of additional taxpayed funds to restructure itself.
General Motors CEO Fritz Henderson said in a prepared statementf that GM was being reinvented and that the compan is ready for the jobat "The economic crisis has caused enormous disruptiomn in the auto industry, but with it has come the opportunityt for us to reinvent our business. We are goingv to do it once and doit right. The court-supervisee process we are pursuing provides us with powerful toolsd to accelerate and complete our as well as strong safeguards for our customersw andour business," he said. The GM plan as detailedd by U.S. officials would allow a much smalle GM to emerge from court protectiomn within 60 to 90 GM also plans to close11 U.S.
facilitieds and idle another three plants by the endof 2010. GM’xs Tonawanda engine plant, where 1,100 peoplw work, will remain open. The automaker has not providef an updated target for job cuts but was looking toeliminatew 21,000 U.S. factory jobs from the 54,000 union members it now Also not immediately clear iswhat GM’s bankruptcty filing will mean for ’s plants in Lockport, Rocheste r and three others. Generalo Motors plans to take back the facilities from the former parts subsidiary that it spun off in according to a tentative deal reached last week betweem GM andthe UAW.
The factories in New Michigan and Indiana would operateunder Delphi’s unioh rules, but be considered part of GM, once again. The Lockportf plant — Delphi Thermal Systems, whicbh has 2,100 employees — was foundeed as Harrison Radiator Co. in 1910 and became part of GM in 1918. For 81 yearas it operated under General Motors ownership until the independentDelphi Corp. was Delphi itself is operating under bankruptcy court supervisio n having filed for Chapter 11 inOctober 2005. The Troy, Mich.-based company was readyy to emerge from bankruptcy in April 2008 but those plane fell apart when a key investof dropped out ofa $2.
55 billion stock deal with the General Motors employs 92,000 in the Unitedx States and is indirectly responsible for 500,000 The U.S. government would hold a 60 percent financial interesty in a reorganized GM and the UAW would takea 17.5 percenf stake. The governments of Canada and the province of Ontario have agreed to a 12 percent ownership stake in exchang e forfinancial aid. GM bondholders would get 10 percent.
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