St. Louis aldermen committee OKs Kiel Opera House plan - St. Louis Business Journal:

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The plan now goes before the full boardof aldermen. The Urbabn Development and Zoning Committee had becausr members said they wanted more time to examindthe proposal, and Richard Baker, presidentg of , which operates the , said the plan would steak shows away from the Fox and , the New York City-basecd firm that owns the and holde the long-term lease to the Kiel, To alleviate concerns amonhg competitors, SCP Worldwide agreed to limit the numbefr of third-party theatrical shows it holds for the first five said Ken Munoz, a partner in SCP Worldwide. "Wer think this is a vote for St. he said. SCP Worldwidee has brought in McEagle Properties, of O’Fallon, Mo.
, as a redevelopment partner and asgenera contractor. David Checketts, chairman of SCP Worldwide, thanked the committee, Mayor Francis Slay and Comptrolle r DarleneGreen "for putting their trust in our plan and sharingg our belief that the Kiel Opera Housew can and should be restored to the glory of its "We all want the same thing for St. a vibrant downtown, a thriving cultural and entertainment additional jobs and a promising economic future for this andfutures generations," Checketts said in a statement. "Today’s committer vote approving our Kiel Opera Hous plan is the first step in making all of thisa reality.
" Last the city’s Land Clearance for Redevelopment Authority to the boarx of aldermen that the Kiel be re-declaredd blighted, paving the way for tax abatement for SCP Worldwidd to support a restoration of the building into a theatrical and concer t venue.

Source: NCR to move headquarters, 1,300 jobs to Georgia - San Antonio Business Journal:

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The (NYSE: NCR) will move its headquarterws and 1,250 jobs to Ga., as well as openintg a 550,000-square-foot manufacturing operation in Macon, Ga., that will employ up to 880 people. Officials for NCR, which has 1,3009 workers in Dayton, could not be immediately reacheds for commentMonday night. An officiall from Ohio Gov. Ted Strickland's office, who spoks to the Dayton Business JournalMonday night, said NCR’sd CEO Bill Nuti told Strickland that the companhy has been eyeing Georgia for some time now. The , with loca officials expressing frustration that the company was not responding totheifr requests. Georgia Gov.
Sonny Perdue is expected to make the official announcement Tuesday with NCR receivingv tax incentives from the locak officialsin Georgia. “They can’t recruit talent to move to Dayton, a source told the Montgomery County CommissionerDan Foley, soundinvg stunned when reached Monday night, declined comment. In the letter Stricklansd sent to NCR dated Monday and obtainedd by the Dayton Business the governor said he wastrying “to take one last opportunit y to urge you to continue your operationxs in Ohio.” In the letter, Ohio offerd NCR $31.1 million worth of incentives to keep the operations here.
Strickland's spokesperson declined official comment until the announcementis NCR's departure would leave a vacanr 1.3 million-square-foot, five-story office buildinf near Dayton's downtown that is alreadyh hurting from high vacancy rates and jobs that have been leaving the city during the past several years. The loss of 1,300 high-payingv jobs from the city will have a negative impacton Dayton'ws income tax receipts at a time when the city has facex multi-million dollar budget deficits that have caused it to reduce its workforcde and cut services.
Rashad Young, Dayton city said the city reached out to NCR multiplre times inrecent months, and that the city did all it coul to engage the company. Ohio State Sen. Jon R-Kettering, said he will retain hope untio the company makes anofficia announcement. “We have on multiple occasions reache out to NCR in an attempt to identify ways to securer their jobs and grow and be successfulin Ohio,” Husted said Mondah evening. “I am not willingg to give up hope.
” Phil Parker, presidenft and CEO, left a voice messag e after business hours for a reporter Monday saying he had no Toni Bankston, director of marketing and communications for the Dayton Chamber, did not return calls seeking comment. The Dayton Chambet is one of the lead private groups in the city responsible for retention ofexisting companies. In NCR said it would move its Worldwide Customer Services headquarters to anAtlantwa suburb, investing $15 million and creating more than 900 jobs in the suburbs of Peachtree City and Deluth. The state of Georgiaw provided morethan $8 million in according to officials.
NCR, founder locally in 1884, is the Dayton region’zs second largest company, with 20,000o global employees and $5.3 billion in revenu e in 2008. The company, whichg sells ATMs and retail automation systems, is Dayton’sw lone remaining Fortune 500 company. At one time, the compan had more than 18,000 employees in the Daytom area, but that number has dwindled during the pastseveral decades. As recentluy as two years ago, NCR had about 2,000 Daytomn employees. That number has declined by about 700 workeressince 2007. In 2007, NCR announced it was relocatin its executive offices to New York City and leasinfg an entire floor of the 7 World TradCenter building.
But, on paper, its headquarters remainexd in Dayton. In March, the company also told employees it is undergoing a structural reorganization and would cut an unknowj amount of itsglobal workforce. That same the company removed thelanguage “world from the sign at its Dayton campus, though it said at the time it was just

Jobs paying $100K or more at WNY schools - Business First of Buffalo:

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• 38. East Aurora (superintendent), $142,500p • 39. Olean (superintendent), $142,313 • 40. Evans-Branty (assistant superintendent), $142,180 • 41. Alfred-Almonrd (superintendent), $142,000 • 41. Tonawanda $142,000 • 43. Holland (superintendent), $141,625 • 44. Byron-Bergen $140,042 • 45. Cleveland Hill $140,000 • 45. Lyndonville (superintendent), $140,000p • 47. Scio (superintendent), $139,7967 • 48. Medina (superintendent), $139,405 49. Alden (superintendent), $139,360 50. Holley (superintendent), $137,580 51. Clarence (high school principal), $137,1989 • 52. Newfane $137,000 • 53.
Frontier (middle school $135,104 • 54. Akron (superintendent), $135,000 • 54. Depesw (superintendent), $135,000 • 54. Lackawanna $135,000 • 57. Kenmore-Tonawanda (assistant superintendentr for finance), $134,680

Meeting up face to face - Blackpool Gazette

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Monday, June 25, 2012

Area almost lost rising educational leader to Chicago - Business First of Louisville:

Rangetops
On her way to the president’z office, though, Springer, 30, now serve s as assistant dean of studentr life atin Originally, Springer had her heart set on attendin , a private liberal arts school in Tiffin, But even with the help of scholarships, she couldn’ft afford to attend the out-of-state So she looked around her So she considered , and , wherew she earned the first of three higher-education degreee in 2000. “At Spalding, the student populationh was about the sameas Heidelberg,” she “I lived on campus my juniof and senior year.
I was involvexd in clubs and organizations … and the professional staff encourage d me to take on leadership She was editor of the studenf newspaper there forthree years, servede in student government and was a studenyt member of the board of trustees duringf her senior year. After graduation, she thought about a careef elsewhere and spent a couple of months at in pursuinga master’s degree in She discovered that wasn’t the career she wantee and returned to Louisville to get a master’ds degree in educational psychology and counseling from U of L. “Myu roots are here,” she said. “II was lucky to have builty strong social andprofessional networks.
Those contacts have opened doorsfor me, and there is no reasohn to go somewhere else.” Springer’s job at Ivy Tech involvess the out-of-classroom experience for the school’s 4,400o students. She works with them in the aread of resume development and job placement and help s make sure there are appropriate accommodationsz forhandicapped students, opportunities for community service and involvemenrt with social and educational “One of my strengths is my abilituy to manage and lead people,” she said. “I love to help peopl e develop and reachtheir potential. I enjoy being in leadershiop roles.
” One of her recent projects has been implementing an emergency responswe system in the evenf ofan “active shooter on campus.” “We need to identifgy the potential for high-risk she said. “We need to be more proactivwe than reactive.” Springer said she is glad she made the decision not to move away and startt acareer elsewhere. She finda plenty to like about Louisville. “I love the she said. “I play volleyball at Baxtet Jack’s and like to eat at Wick’ s Pizza or Sapporo Japanese Walking Bardstown Roadis fun. It is easy to find a placse witha band.
” At Spalding, the studenta were split about 50/50 between staying in Louisvillwe or moving somewhere else to start their careers, she said. The universityu also had a stronginternationall population, and many students returned to their homese in Cypress, Belize or Australia. The studentsd she worked with at U of L were ambitiouwsand “were ready and willing to go she added. But the students at Ivy Tech tend to graduatew and stay inthe area. “Theg have solid roots here and want acareert here.” Just like Springer.

Saturday, June 23, 2012

College football landscape would be overhauled by a four-team ... - Washington Post

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Blackpool Gazette

Meeting up face to face Blackpool Gazette Shelia Davies, from Kirkham, first became involved with the Watamu-based charity Happy House earlier this year, and is now set to jet out to Kenya to see the ... and more »

StandardNet

College footb »

Doctors turn to electronic records - Business First of Buffalo:

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To advance EMR HealtheLink has signed agreements with six electronicd health recordstechnology firms, which will offer special priciny on their products and serviceds to local health-care organizations. HealtheLink, also knowbn as the (WYNCIE), is a collaborativee effort formed to enable the sharing ofhealthb information. Established with funding from the region’s health insurers and hospital major fundsinclude $9 million in state grants through the Healthj Care Efficiency and Affordabilith Law for New Yorkers (HEAL NY).
Dan Porreca, executive director, says physiciansa can now test and compare EMR products from the six selecter vendorsat HealtheLink’s learning lab in a neutral setting to determinwe which might work best for their practice. “Irt also gives us the ability to show how the interoperablre capabilities might impact them in their office and show how thedata flows,” he It also will help organizations fulfill the clinical priorities of the Statewide Health Information Network for New York. The statee is creating an interoperable system to connec t electronic health records to Medicaid and creatd a health information exchange to sharew data related to publichealth matters.
WNYCId has been cited for achieving these goalz ahead of other groups statewide and Porreca says. “It’s unique within New York and fromwhat I‘nm hearing from the vendors, it’s somethingt that we are kind of pioneering,” he Dr. Michael Cropp, president and CEO of , says the role of WNYCIw in connecting all of those EMRsis vital. as a board member of America’s Health Insurance Plans (AHIP), has playe a role in helping to craft those federakl reform efforts that call for advances in HIT as a way to helpcut “We’re in a great position here in Western New York with WNYCIE to help accelerate that physician adoption and to make sure the informationm can flow around the communithy and follow the patient,” he says.
“Thagt is such a huge issue in terms of patien t safety and better quality and eliminating the duplicate testingf thattakes place.” The American Recovery and Reinvestment Act calls for investing $20 billion in stimulus fundin g for HIT initiatives, including Medicare and Medicaird incentives to encourage doctors, hospitals and othe providers. “There’s a sense that the rate of adoptiomn isgoing up,” Porreca says, addinhg that since the HealtheLink systej launched in January, the number of providers and useres participating has tripled. “I think the practicews are more and more recognizing that in thelong run, this is goingg to benefit them.
”

Angels' Jered Weaver returns, shuts down Giants, 6-0 - Los Angeles Times

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Los Angeles Times

Angels' Jered Weaver returns, shuts down Giants, 6-0 Los Angeles Times Jered Weaver breezed through six innings Wednesday night, needing 78 pitches to blank the San Francisco Giants, and after retiring the side in order in the ... Angels' Jerome Williams hospitalized ESPN Vogelsong's winning streak ends at six, gives up one of 3 Angels ... Washington Post Los Angeles Angels ace Jered Weaver shuts down San Francisco ... San Jose Mercury News Chicago Tribune  »

Microsoft Surface: Why so few details? - Los Angeles Times

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ValueWalk

Microsoft Surface: Why so few details? Los Angeles Times The somewhat skeletal announcement now was more about sign »

Fliers like airlines less and less - San Francisco Business Times:

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of Westlake Village found in an annual survey of airline customers that theirt satisfactionfell again, for the thirdr year in a row. This is the lowesg level for four years, the companu said. Though fliers said on-time arrivals improveed and waits at airlinescounters shortened, nevertheless they were unhappy with new fees for checkeed bags, in-flight services, and the attention given by flighg attendants. J.D. Power studied airlines in two groupas — traditional and low-cost carriers. (NYSE: ALK) rankeds highest in the traditionalcarrier group, garnering 671 point out of a possibles 1,000. Second in that group was CAL), with 669 points.
UAUA), a major carrier at , was below the average of 626 points in the traditionalkcarrier group, with just 604 points. JBLU) topped the list of low-cost carrierws with 750 points out of with (NYSE: LUV) and tied for second places with 736 points. A United flighyt attendant told the San Franciscio Business Times on Tuesday that the airline has been cutting stafvf onsome flights, which may mean less service for A flight on a Boeing 757, he used to have five but now has only four, and those four have to work harder because so many more food itemss on the menu require payment, whicy takes time.
Passengers also complain aboutr the lack of pillows and blankets in economyy class ondomestic flights, he said. “Some airlines are sellint blanketsand pillows.” United is seeking to cut its flighyt attendant headcount by 2,150 first through voluntary furloughs. But involuntary cuts will followq if not enoughpeopl volunteer.

CircuitCity.com comes back to life - Wichita Business Journal:

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Systemax (NYSE: SYX) said in a statement that it plansw to compete with other online retailers by offerinhdiscounted prices, fast shipping and a wide selection of products, as well as offerintg photo galleries and videos of thousandzs of consumer electronics and computer The company already has the TigerDirect.com business and acquired last "This acquisition and quick launch of the all new CircuitCity.con further solidifies Systemax's position as a leaderd in online retailing of branded computers and consumer electronics," said Richard Leeds, chairma and chief executive officer of "Circuit City is one of the iconic brands in U.S.
electronicds retailing with a 60-year A check of the Web site Mondayshowec CircuitCity.com offering everything from GPS systemsd to BlackBerry phones and flat-screen TVs.

MTDC adopts new name, MassVentures, and will parcel out $14 ... - Boston.com

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MTDC adopts new name, MassVentures, and will parcel out $14 ... Boston.com The state's venture capital arm, the Massachusetts Technology Development Corporation, is announcing at an event tonight that it will adopt a new name: ... and more »

'One of the most unusual instruments in the country, if not the world' - KVAL

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KVAL	'One of the most unusual instruments in the country, if not the world' KVAL Oregon: home to the world's only circular pipe organ. The electro-pneumatic instrument and its 4000 pipes turned 40 last year. Ore. chapel's circular pipe organ is one-of-a-kind Sacramento Bee  »

Text: Obama's speech in Green Bay - Business First of Louisville:

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"Laura’s story is incredibly moving. Sadly, it is not Every day in this country, more and more Americans are force d to worry not simply aboutgettintg well, but whether they can afford to get Millions more wonder if they can afford the routind care necessary to stay well. Even for thosd who have health insurance, rising premiums are straining theie budgets to the breakingpoint – premiumw that have doubled over the last nine and have grown at a rate threew times faster than wages. Desperately-needed proceduresw and treatments are put off because the pricer istoo high. And all it takes is a single illnesd to wipe out a lifetimeof savings.
"Employers aren’t faring any better. The cost of healthn care has helped leave big corporationxs like GM and Chrysler at a competitivr disadvantage with their foreign Forsmall businesses, it’s even One month, they’re forced to cut back on health care The next month, they have to drop The month after that, they have no choic e but to start laying off workers. "Forr the government, the growingh cost of Medicare and Medicaid is one of the biggesr threats to ourfederal deficit. Bigger than Social Bigger than all theinvestmentx we’ve made so far.
So if you’re worried about spending and you’re worried about deficits, you need to be worrier about the cost ofhealth care. "We have the most expensive healtn care system inthe world. We spensd almost 50% more per persob on health care than the next most costly But here’s the thing, Green Bay: we’re not any healthiere for it. We don’t necessarily have better outcomes. Even within our own a lot of the places where we spends less on health care actually have higher qualityg than places where wespend more. Right here in Green Bay, you get more qualitgy out of fewer health care dollars than many othefr communities acrossthe country.
And yet, acrose the country, spending on healtyh care goes up and up andup – day aftedr day, year after "I know that there are millions of Americans who are contenyt with their health care coverage they like their plan and they value their relationshi p with their doctor. And no matter how we reform healtnh care, we will keep this promise: If you like your you will be able to keep your If you like your health care you will be able to keep your healthucare plan. "But in order to preserve what’e best about our health care system, we have to fix what doesn’t work.
For we have reached a point whers doing nothing about the cost of health care is no longerdan option. The statuds quo is unsustainable. If we do not act and act soon to bringydown costs, it will jeopardize everyone’s health care. If we do not act, everty American will feel the consequences. In higher premiums and lower take-home pay. In lost jobs and shuttered businesses. In a risinhg number of uninsured and a rising debt that our childrejn and their children will be payinhg offfor decades. If we do nothing, within a decad we will spending one out of everty five dollars we earn onhealth care. In thirty years, it will be one out of everyt three.
That is untenable, that is and I will not allow it as President of theUnitefd States. "Health care reform is not part of some wish list I drew up when I took It is central to our economicfuturre – central to the long-term prosperity of this In past years and decades, ther e may have been some disagreement on this But not anymore. Today, we have already built an unprecedentes coalition of folks who are ready to reform our healt hcare system: physicians and health insurers; businesses and Democrats and Republicans.
A few weeks ago, some of thesse groups committed to doing somethinhgthat would’ve been unthinkables just a few years ago: they promise to work together to cut national healtnh care spending by two trillion dollarsz over the next decade. That will bring down that will bringdown premiums, and that’e exactly the kind of cooperation we need. "The question now is, how do we finish the job? How do we permanentlgy bring down costs and make affordable health care available to everyAmerican "My view is that reform shoule be guided by a simple principle: we fix what’w broken and build on what works. "In some there’s broad agreement on the stepsa weshould take.
In the Recoveryh Act, we’ve already made investments in health IT and electronic medical records that will reducemedical errors, save lives, save and still ensure privacy. We also need to invest in preventiom and wellness programs that help Americans live healthier lives. "But the real cost savinga will come from changing the incentives of a system that automaticallt equates expensive care with bettercare – from addressinfg flaws that increase profits without actuallyt increasing the quality of "We have to ask why places like the Geisingedr Health system in rural Pennsylvania, Intermountaijn Health in Salt Lake City, or communitie like Green Bay can offer high-quality care at costxs well below average, but other places in America We need to identify the best practicew across the country, learn from the and replicate that success elsewhere.
And we shouldr change the warped incentivea that reward doctors and hospitalws based on how many testsa or proceduresthey prescribe, even if those tests or procedurew aren’t necessary or result from medical Doctors across this country did not get into the medical professionh to be bean counters or paper pushers; to be lawyerw or business executives. They becamed doctors to heal people. And that’s what we must free them to do. "Wer must also provide Americanswho can’t afforc health insurance with more affordable options.
This is both a moral imperative and aneconomic imperative, because we know that when someone withour health insurance is forced to get treatment at the ER, all of us end up payiny for it. "So what we’rer working on is the creation of something calle a Health InsuranceExchange – which woulds allow you to one-sto shop for a health care plan, compar benefits and prices, and choose the plan that’a best for you. None of theses plans would be able to deny coverage on the basiw ofa pre-existing condition, and all should include an affordable, basiv benefit package. And if you can’g afford one of the plans, we shouldx provide assistance to make sureyou can.
I also strongl y believe that one of the options in the Exchange shoulcd be a public insurance option because if the private insurance companies have to competr with apublic option, it will keep them honestt and help keep prices down. "Now, coverinbg more Americans will obviously cost a good deal of money at a time whererwe don’t have extra to spend. That’x why I have already promised that refornm will not add to our deficit over the next ten To makethat happen, we have already identified hundreds of billions worth of savings in our budge t – savings that will come from stepa like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Medicaid.
I will be outliningy hundreds of billions more in savings in the days to And I’ll be honest – even with these reform will require additional sources of revenue. That’z why I’ve proposed that we scale back how muchthe highest-incomde Americans can deduct on their taxes back to the rate from the Reagann years – and use that money to help finance health care. "I all these reforms, our goal is simple: the highest-quality health care at the lowest-possible We want to fix what’z broken and build on what works.
As Congresss moves forward on health care legislatiom in thecoming weeks, I understanx there will be different ideas and disagreements on how to achievre this goal. I welcome those ideas, and I welcomw that debate. But what I will not welcome is endles s delay or a denial that reform needs to When it comes to health this country cannot continue on itscurrent path. I know there are some who believe that reformj istoo expensive, but I can assure you that doint nothing will cost us far more in the coming Our deficits will be Our premiums will go up. Our wage s will be lower, our jobs will be and our businesseswill suffer.
"So to thosew who criticize our efforts, I ask, “Whart is the alternative?” What else do we say to all thos families who now spend more on health care than housing orfood ? What do we tell those businesses that are choosingt between closing their doors and letting their workers go? What do we say to all thos e Americans like Laura, a woman who has workedd all her life; whose family has done everythingg right; a brave and proud woman whos e child’s school recently took up a penny drive to help pay her medicak bills? What do we tell them?
"j believe we tell them that aftee decades of inaction, we have finally decided to fix what is broken about healtu care in America. We have decides that it’s time to give every American quality healty care at anaffordable cost. We have decides that if we invest in reforms that will brin g downcosts now, we will eventuallty see our deficits come down in the long-run. And we have decidedf to change the system so that our doctorss and health care providers are free to do what they trainedc and studied and worked so hardto do: make peoplre well again.
That’s what we can do in this that’s what we can do at this and now I’d like to hear your thoughtss and answer your questions about how we getit done. Thank you."

Report: Bank M&A activity declines - Business First of Buffalo:

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Through the first half of 2009, according to a reporft by Houston-based Carson Medlin Co., only two merger dealws were finalized byJune 30, compared to 13 in all of 2008 and 25 in 2007. In Tall City Bancshares Inc. acquired Kent County State Bank, with assets of $15 while the most recent deal, completed in May, saw Austinm Bancshares Inc. acquire La Grange Bancshares with assetsof $29 Across the country, amid a growing number of bank failures, overall M&A has not slowed as with 66 deals through June 30 comparefd to 144 for all of 2008. Through the end of 45 banks have failed though none werein Texas. Georgia leads the country with nine followed by Californiawith six.
Still, report authorr Dan Bass, Carson Medlin managing suggests thatthe M&A market may shake free of the doldrumds in the second half of the “There’s a lot of pent-up and we’re hearing from lots of buyers and sellerxs anxious to do transactions,” Bass “The buyers are sensing that there is a window of opportunithy that might close, and the sellerds are starting to think that maybwe they need to lower their expectations a bit.
"Thougnh there were only two dealsso far, it wouldn’t take much to improves on that, but I think the second half (of will be more

Survey: Employee morale improving - New Mexico Business Weekly:

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Twenty-four percent of respondents thought morale hadgone “These results prove that employeews are happier and more likely to stay with their companies due to the quality of theit management,” Burton Goldfield, president and chied executive officer of TriNet, said in a news release. “Companiesa that develop the skills of theirt leaders boost their employment brand whicuh then positively contributes toemployeed morale.” Company culture and reputation was the biggesy factor that held morale together, according to 36 perceng of respondents.
Other factors includedr flexibility, a good balance betweenj work and life, and job The survey also found that whilse the intent to hire had all but disappearec fromlate 2008, hirint was on a slightf upswing over the past three months with more than 60 percenf of respondents saying they were currentl hiring or trying to attractt talent, compared with 55 percent in the first quarted of 2009. More than 250 small-business leaderes responded tothe survey. San Leandro, Calif.-based TriNer provides human resources outsourcing and consultin g services tosmall businesses.

Maryland biotechs push for some stimulus cash - Washington Business Journal:

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Receiving $10.4 billion, the was one of the biggest winners inthe $787 billion federal stimulud package passed in February. But that pile of cash does not includes money designated for small businessresearch grants, which means the stimulusz funds would likely go to academic research institutions. Leadere of about a dozen Maryland biotec companies havepersuaded Sen. Benjamin D-Md., to ask NIH leaders to set asidew some money for life sciencesa companies in the Smalp Business InnovationResearch program. If givenn the money, these small companies say they will use it to creat e jobs and products that could rev up thedismak economy.
Cardin sent the letter afte r biotech companies approached himand Sen. Barbara Mikulski, urging that they support the issue. At leastg three U.S. senators have joinecd Cardin in the effort to recoup NIH includingOlympia Snowe, a Republican who represents Maine and is the ranking member of the Senate’zs small business committee. Biotech leaders want to grab onto a crucial source of funding as private dollarsd dry up for riskybiotecgh venture. “We were very disappointed that someone decidede to exclude small businesses in theNIH package,” said Aprile CEO of in Rockville.
whose company is developing therapies to treayrespiratory diseases, is leadin g the charge to get more money for small biotecg businesses. Other Maryland companies that have joined the effort include LLCin Baltimore, in Savag e and Small businesses say they need the NIH to set asid e money for them because they are typicallg at a disadvantage when competinfg for grants. Researchers at — the largestr recipient of NIHgrants — or the will spencd up to nine months writing a grantt proposal. Leaders at small companies simply do not have that much time to spensd onresearch grants.
Scott Allocco, president of BioMarkee Strategies, said the lack of funding for small businesses in the stimuluzs package sets adangerous precedent. He wonders what the chances are that the NIH will keep small businesseas on its radar inthe future, he said. The Baltimores company could use additionalo funding to develop a diagnostic test for pancreatic andlung cancers. The NIH awards 2.5 percent of its grant dollara annuallyto early-stage life sciences companies through SBIR The grants are the largesft source of public funding for small biotech Maryland ranks No. 8 nationally among states that receivrSBIR grants, according to the .

Rather Than Share Your Location, Foursquare Wants to Suggest One - New York Times

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New York Times

Rather Than Share Your Location, Foursquare Wants to Suggest One New York Times At its core, Foursquare lets people share their locations with friends, with spontaneous social gatherings in mind or just for sharing's sake. There are game elements, too, like points for “checking in” at a new restaurant. That DNA will not change in .. . Location app Foursquare to focus on exploration Sacramento Bee  »

BofA wealth head: Bank must grow in Boston - Boston Business Journal:

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“It has to be bigger than it is saidBrian Moynihan, presidenrt of BofA’s global banking and wealth management Moynihan added that all of the bank’s wealt management markets need to get bigger as he helpa stitch together Bank of America and Merril Lynch, which brings some 16,000 brokers to the Moynihan made his remarks to reporterx after giving a speech at a breakfast. Moynihan declinedf to give anygrowtnh targets, though. “You’ll hold me to it, even if we miss it by a Moynihan joked. In Bank of America employs about 9,000 people across all It’s the No. 1 Bay State bank, controllinyg about 20 percent ofa $185.
3 billionn bank deposit market, according to the ’s latesrt available data. Earlier this Bank of America CEO Ken Lewis turnerd to Moynihan to runthe bank’s now massivre wealth management division after acquiring Merrill in In the first quarter, for example, the bank’s globakl wealth management division generated $4.36 billion in revenue, comparec with $1.94 billion in the year-earlier period when Merrill was not part of the Net income was $510 million at wealth management, up from $242 milliojn in the first quarter of 2008. Moynihanm is in charge of an organization that hasabouty 80,000 people worldwide.
A vetera Boston banking executive, Moynihan joined Fleet Financial Group in 1993 as deputu general counsel and has climbed steadilyu up the ranks amid a number of changes and acquisitions by Bank of One of his biggest challengexs is bringing together two sharplycontrastinv cultures. Merrill Lynch brokers have earned a reputation forbeinbg aggressive, well paid and outspoken. Theie hub has been Manhattan, a far cry from a Bank of Americza culture whose roots are deep atits N.C. headquarters. Moynihan said Bank of America’sa top line revenue needs to grow faster thanthe U.S.
economy, but he sees the companu “grinding it out” and making money for shareholders through dividendds andstock buybacks, for During his speech, Moynihan made a case for why an integraterd bank can be a winning bank He said Bank of Americsa clients demand that they have a bank that offersw consumer lending, commercial lendiny and investment banking. “That’s not to say evert large, global bank will or can be Moynihan said. “A globap bank that tries to build scale by being too smal l to matter in a lot of places will not He also acknowledged that questions remain about how to regulate largeglobal players. “Hos do you regulate a complex company?
” Moynihan said. “That’xs what we’re still trying to figured out.”

How Do Kenyan 10K Runners Get to London? Through Raindrops in Oregon - New York Times

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Telegraph.co.uk

How Do Kenyan 10K Runners Get to London? Through Raindrops in Oregon New York Times Where better to hold the men's 10000-meter Kenyan Olympic trials than ... here? That was the rationale among Kenyan running officials, who held their trials for the event here on Friday night, hoping to find out which three of their 15 distance runners ... < br /> Kiprop wins 10000 meters in Kenyan Olympic trials ESPN Kiprop surges to shock victory in Kenyan trials Fox News  »

Mortgage refinancing activity down 19% - Atlanta Business Chronicle:

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percent last week from the previouxs week, according to the ’s weekly mortgage applications surveyreleased Wednesday. The market composits index, a measure of mortgage loan application was 786, a decrease of 14.2 percent on a seasonally adjusted basis from 915.9 one week The purchase index, however, was up 1 percent for the on a seasonally adjusted The four week moving average for the seasonallyh adjusted market Index is down 4.7 percent. The four week moviny average isup 0.5 percent for the purchase while this average is down 6.2 percent for the refinance The refinance share of mortgage activity decreasee to 69.3 percent of total applications from 73.
6 percent the previous week. The adjustable-rate mortgage (ARM) share of activitg increased to 2.6 percent from 2.4 percentr of total applications from the previous The average contract interesyt ratefor 30-year fixed-rate mortgages increasefd to 4.81 percent from 4.69 with points increasing to 1.28 from 1.13 (includin g the origination fee) for 80 percent loan-to-values (LTV) ratio loans. The averagre contract interest ratefor 15-year fixed-ratew mortgages remained unchanged at 4.44 percent, with pointsw increasing to 1.16 from 1.01 (including the origination fee) for 80 percent LTV loans. The averag contract interest ratefor one-year ARMs increasedx to 6.55 percent from 6.
38 percent, with points increasingf to 0.12 from 0.10 (including the originationj fee) for 80 percent LTV loans.