The Hindu | Iraq to check Syria-bound Iran flights for arms: Zebari Reuters DUBAI (Reuters) - Iraq will ask Syria-bound Iranian planes passing through its airspace to land for random inspections after Washington said they could be ferrying arms to Damascus, the Iraqi foreign minister said in an interview. U.S. officials had ... Iraq to che ck Syria-bound Iran flights for arms-Zebari Baghdad To Check Syrian-Bound Iran Flights For Weapons |
Sunday, September 30, 2012
Iraq to check Syria-bound Iran flights for arms: Zebari - Reuters
coras-newport.blogspot.com
Saturday, September 29, 2012
Joint Fund Provides No Individual Benefits, Thus Not ERISA-Covered Plan, DOL ... - Bloomberg BNA
humojo.wordpress.com
Joint Fund Provides No Individual Benefits, Thus Not ERISA-Covered Plan, DOL ... Bloomberg BNA According to DOL, Yoshida represented that the LECET fund was jointly established by the General Contractors Labor Association and Building Industry Labor Association, with the Laborers International Union of North America, Local 368, AFL-CIO as of Dec. |
Thursday, September 27, 2012
Honeywell tests show renewable jet fuels work as well as traditionals - San Antonio Business Journal:
ogarawo.wordpress.com
Honeywell data (NYSE:HON) showed littlee difference in the two fuels in test runs inits 131-99 auxiliary power units and its TFE 731-5 turbofan engine, officialsz reported at the Paris Air The tests were conducted at its Phoenix The fuel was produced by Honeywelol for use in a Boeing Co. biofuel test flight program. “In a series of tests in both propulsio engines andcommercial APUs, Honeywell saw no degradation in engine performance or fuel consumption,” said Bob Smith, vice presidenft of advanced technology for Honeywell Ron Rich, the company’s directotr of advance technology, said the prospect of developing renewabld jet fuels from sources such as jatrophaw and algae, which comprised the test could help reduce the carbon footprint of jet “These testing results are a strong step towardas certification and commercial use in the comingv years,” he said.
Honeywell helped develop the fuel througnh itssubsidiary UOP, which originally developer the fuel under a contract from the U.S. Defensed Advanced Research Projects Agency.
Honeywell data (NYSE:HON) showed littlee difference in the two fuels in test runs inits 131-99 auxiliary power units and its TFE 731-5 turbofan engine, officialsz reported at the Paris Air The tests were conducted at its Phoenix The fuel was produced by Honeywelol for use in a Boeing Co. biofuel test flight program. “In a series of tests in both propulsio engines andcommercial APUs, Honeywell saw no degradation in engine performance or fuel consumption,” said Bob Smith, vice presidenft of advanced technology for Honeywell Ron Rich, the company’s directotr of advance technology, said the prospect of developing renewabld jet fuels from sources such as jatrophaw and algae, which comprised the test could help reduce the carbon footprint of jet “These testing results are a strong step towardas certification and commercial use in the comingv years,” he said.
Honeywell helped develop the fuel througnh itssubsidiary UOP, which originally developer the fuel under a contract from the U.S. Defensed Advanced Research Projects Agency.
Wednesday, September 26, 2012
WhiteWave parent Dean Foods to acquire Alpro in $455M deal - Denver Business Journal:
xysecurakihir.blogspot.com
After the transaction is complete, Joe Scalzo, CEO and presidenrt of Dean Foods’ WhiteWave-Morningstat division, will oversee the Alpro which is run by CEOBernard Deryckere. Alpro will continud to operate as a separateEuropean business. Dallas-based Dean Foodzs (NYSE: DF) also is the parent of Denver'e and Broomfield's . Horizon is managed under the WhiteWav umbrella. Dean said it will be acquiriny Alpro for euro325 million, or about $455 million in U.S. dollars. Alpro is knowmn as Europe’s leader in the branded soy basesd beverage and food products businessx and has net sales of euro 260 based on2008 figures.
The company currentlu has five manufacturing sitesin Belgium, the Unite d Kingdom, France and the Netherlands and employd 750 people. "We thinki this is a great deal that establishesa Dean Foods as a clear globalo leader in the attractive soy beverageswand related-products category, with over $1 billiomn in combined annual retail said Gregg Engles, Dean Foods chairmanh and chief executive officer.
After the transaction is complete, Joe Scalzo, CEO and presidenrt of Dean Foods’ WhiteWave-Morningstat division, will oversee the Alpro which is run by CEOBernard Deryckere. Alpro will continud to operate as a separateEuropean business. Dallas-based Dean Foodzs (NYSE: DF) also is the parent of Denver'e and Broomfield's . Horizon is managed under the WhiteWav umbrella. Dean said it will be acquiriny Alpro for euro325 million, or about $455 million in U.S. dollars. Alpro is knowmn as Europe’s leader in the branded soy basesd beverage and food products businessx and has net sales of euro 260 based on2008 figures.
The company currentlu has five manufacturing sitesin Belgium, the Unite d Kingdom, France and the Netherlands and employd 750 people. "We thinki this is a great deal that establishesa Dean Foods as a clear globalo leader in the attractive soy beverageswand related-products category, with over $1 billiomn in combined annual retail said Gregg Engles, Dean Foods chairmanh and chief executive officer.
Monday, September 24, 2012
Honey Boo Boo Disrupts Anderson Interview, Thereby Making It 100 Times Better - Jezebel
kapitonragomo.blogspot.com
Honey Boo Boo Disrupts Anderson Interview, Thereby Making It 100 Times Better Jezebel Honey Boo Boo Disrupts Anderson Interview, Thereby Making It 100 Times Better. Madeleine Davies. View Profile · Email · Twitter · RSS. Honey Boo Boo Disrupts Anderson Interview, Thereby Making It 100 Times Better Alana Thompson (better known as ... |
The Flint Journal - MLive.com | Michigan elections, with or without citizenship The Detroit News (blog) Secretary of State Ruth Johnson brings a great problem to the table. Seems there are citizens and non-citizens voting in the great state of Michigan. And of course, we shouldn't have that. But let's look a little closer before we start another cycle of ... Matthew Davis: Is racism at root of lawsuit against the citizenship check box ... Stephen Henderson: Secretary of State Johnson should drop the citizenship ... ACLU Says Michigan's B » |
Tuesday, September 18, 2012
Reports: U.S. probes Silicon Valley tech giants' hiring - Dallas Business Journal:
tatyanagepoji.blogspot.com
The Washington Post and New York Times reportedx late on Tuesday that the antitrust probe is centeredr onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruif each other's employees. The stories cited unname sources the papers said are familiar with the The investigation is reportedly in itsearlt stages, with the papers sayingb that the government has requested documents and information from targetee companies. The inquiry is seen as anotherr sign that the Obama administration will be more aggressive on antitrust laws than his predecessor and Silicon Valle y tech firms are a focus ofthat attention.
The Justice Departmen is currently also investigating a proposed settlementbetweejn Google, authors and publishers to resolve a copyrighr dispute, the Wall Street Journal has reported citing unnamed The Federal Trade Commission has also aske questions about whether having Google CEO Eric Schmidt and forme Genentech Inc. CEO Art Levinson on both the Apple and Googlse board is a violation ofantitrust
The Washington Post and New York Times reportedx late on Tuesday that the antitrust probe is centeredr onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and others agreed not to recruif each other's employees. The stories cited unname sources the papers said are familiar with the The investigation is reportedly in itsearlt stages, with the papers sayingb that the government has requested documents and information from targetee companies. The inquiry is seen as anotherr sign that the Obama administration will be more aggressive on antitrust laws than his predecessor and Silicon Valle y tech firms are a focus ofthat attention.
The Justice Departmen is currently also investigating a proposed settlementbetweejn Google, authors and publishers to resolve a copyrighr dispute, the Wall Street Journal has reported citing unnamed The Federal Trade Commission has also aske questions about whether having Google CEO Eric Schmidt and forme Genentech Inc. CEO Art Levinson on both the Apple and Googlse board is a violation ofantitrust
Sunday, September 16, 2012
QualityTech computes data center growth - bizjournals:
ovaluleq.wordpress.com
The Overland Park-based firm has mapped out a $75 millioj to $100 million investment in existing data center facilitieds in the next year and could spendaboutr $50 million on real estate or compang acquisitions in the next 12 to 18 Chairman and CEO Chad Williamz said. Those plans come on the heelxs of investments already made in the past year fora $50 millionm facility in Miami and a $20 million upgrade to a Santa Calif., facility. “We’ve very quietly grownb from a couple of real estate acquisitiond to a national leader indata centers,” Williams “In a challenged economix environment, our footprint has expanded to 11 different locations.
” QualityTech, founded in September 2005, has gainec at a swift clip. In it posted revenue of $35.98 million. Last year, that number had burgeonec to $119.7 million. The projection for roughly $150 million. That’s assuming a checked growth pace of aboutf25 percent, down from 37 percenyt last year. Essentially, QualityTechj provides information technologyoutsourcing services. It sells largd chunks of wholesale datacenter space, and it retailsa smaller spaces to small and midsizee businesses. In addition, it offera a broad managed-services portfolio, which handles anythinf from network security to storageto applications.
QualityTechj also has a new model that offers data capacityyas needed. The company is a significant playert inits sector, which continuesw to grow as cash-strapped companies look to outsourc IT functions, said analyst Dan Golding, a vice presidengt of New York-based Tier1 Research. Tier1 expects data center revenue to grow about 10 percentto $8 billion this year; QualityTech’s 25 percent growth prediction is aggressive but attainable, Golding said.
The industry promises tremendous growth during the next decadeor so, he Its penetration now is in the low single-digit percentages, but companies that check in rarely “For 95 percent of companies, outsourcin g is just going to work better in the long Golding said. “It’s purely an economic QualityTech’s planned projects — adding power and spacs — will be in Atlanta, Santa Clara and Jersey City, N.J. All told, the improvements will add aboutf 250,000 square feet of raised-floor data centef space, bringing the total raised-floor spaced (where servers can be stored) to abouyt 1 million square feet.
That’sw out of a total of 2 millionh square feet the coompantyowns nationwide. “We certainly have demand withimn our current portfolio for certain customersto grow,” Williams said. “We’re also building space we can lease because of the demandcurve — demand we see in the marketplaces today that’s real demanr and has no Data centers are expensive to build, costing about $1,300 a square Golding said. Then there’s the acquisition “We actually feel like, over the next 12 to 18 that it’s going to be a great opportunitu for us to add locationzs inthe U.S.,” Williams said.
“Wer are currently looking at other data centet operators to buy and also additionalp real estate that wecould convert.” The heel of the booming industry has been the creditr crunch, which will make some smaller companies primd buyout candidates. Fortunately for privateluy owned QualityTech, it has acces to its profits, backingt by the Williams family and banking relationships withOverland Park-based and , Williamxs said.
The pending outlays will be a combinatiobn of equityand debt, he “The data center industry is one of those that’s been seeingt a lot of impact the potential for a lot of growth actualluy being dampened by the ability to get debt,” Golding said. “(QualityTech) has the advantage thers — it has deep-pocket privatew backers. Not everyone has that.” Other local data center and managed-services companies also have experienced torrid growth inthe downturn. ’s revenue is up 60 percent yearto year, and it’s abou t a third of the way through a $1 millionm upgrade of its Kansas City, Kan.
, Early next year, plans to complete a $12 million data center in Lenexa; its existing Overlanf Park and Lenexa facilities are nearlyg full. “The industry is really Arsalon founding partner GaryHall said.
The Overland Park-based firm has mapped out a $75 millioj to $100 million investment in existing data center facilitieds in the next year and could spendaboutr $50 million on real estate or compang acquisitions in the next 12 to 18 Chairman and CEO Chad Williamz said. Those plans come on the heelxs of investments already made in the past year fora $50 millionm facility in Miami and a $20 million upgrade to a Santa Calif., facility. “We’ve very quietly grownb from a couple of real estate acquisitiond to a national leader indata centers,” Williams “In a challenged economix environment, our footprint has expanded to 11 different locations.
” QualityTech, founded in September 2005, has gainec at a swift clip. In it posted revenue of $35.98 million. Last year, that number had burgeonec to $119.7 million. The projection for roughly $150 million. That’s assuming a checked growth pace of aboutf25 percent, down from 37 percenyt last year. Essentially, QualityTechj provides information technologyoutsourcing services. It sells largd chunks of wholesale datacenter space, and it retailsa smaller spaces to small and midsizee businesses. In addition, it offera a broad managed-services portfolio, which handles anythinf from network security to storageto applications.
QualityTechj also has a new model that offers data capacityyas needed. The company is a significant playert inits sector, which continuesw to grow as cash-strapped companies look to outsourc IT functions, said analyst Dan Golding, a vice presidengt of New York-based Tier1 Research. Tier1 expects data center revenue to grow about 10 percentto $8 billion this year; QualityTech’s 25 percent growth prediction is aggressive but attainable, Golding said.
The industry promises tremendous growth during the next decadeor so, he Its penetration now is in the low single-digit percentages, but companies that check in rarely “For 95 percent of companies, outsourcin g is just going to work better in the long Golding said. “It’s purely an economic QualityTech’s planned projects — adding power and spacs — will be in Atlanta, Santa Clara and Jersey City, N.J. All told, the improvements will add aboutf 250,000 square feet of raised-floor data centef space, bringing the total raised-floor spaced (where servers can be stored) to abouyt 1 million square feet.
That’sw out of a total of 2 millionh square feet the coompantyowns nationwide. “We certainly have demand withimn our current portfolio for certain customersto grow,” Williams said. “We’re also building space we can lease because of the demandcurve — demand we see in the marketplaces today that’s real demanr and has no Data centers are expensive to build, costing about $1,300 a square Golding said. Then there’s the acquisition “We actually feel like, over the next 12 to 18 that it’s going to be a great opportunitu for us to add locationzs inthe U.S.,” Williams said.
“Wer are currently looking at other data centet operators to buy and also additionalp real estate that wecould convert.” The heel of the booming industry has been the creditr crunch, which will make some smaller companies primd buyout candidates. Fortunately for privateluy owned QualityTech, it has acces to its profits, backingt by the Williams family and banking relationships withOverland Park-based and , Williamxs said.
The pending outlays will be a combinatiobn of equityand debt, he “The data center industry is one of those that’s been seeingt a lot of impact the potential for a lot of growth actualluy being dampened by the ability to get debt,” Golding said. “(QualityTech) has the advantage thers — it has deep-pocket privatew backers. Not everyone has that.” Other local data center and managed-services companies also have experienced torrid growth inthe downturn. ’s revenue is up 60 percent yearto year, and it’s abou t a third of the way through a $1 millionm upgrade of its Kansas City, Kan.
, Early next year, plans to complete a $12 million data center in Lenexa; its existing Overlanf Park and Lenexa facilities are nearlyg full. “The industry is really Arsalon founding partner GaryHall said.
Saturday, September 15, 2012
Richardson joins Team Martinez - ESPN (blog)
bentlyoupapa1810.blogspot.com
ESPN (blog) | Richardson joins Team Martinez ESPN (blog) Richardson joins Team Martinez. September, 14, 2012. Sep 14. 5:37. PM ET. By Dan Rafael | ESPN.com. Recommend0 · Tweet0 · Comments0 · Email · Print. LAS VEGAS -- Lineal middleweight champion Sergio Martinez will have another voice of great ... |
Thursday, September 13, 2012
New York City bans super-size soda, sugary drinks over 16 ounces - San Jose Mercury News
fixyruw.wordpress.com
ABC News | New York City bans super-size soda, sugary drinks over 16 ounces San Jose Mercury News The regulation, which was proposed in the spring by Mayor Michael Bloomberg and approved by panel of health experts after several months of review, puts a 16-ounce size limit on cups and bottles of non-diet soda, sweetened teas, and other calorie ... NY C Health Panel Backs Bloomberg Ban on Super-Size Sodas Board of Health Approves Cap on Size of Sugary Drinks City Bans Big, Sugary Drinks at Eateries, Theaters |
Wednesday, September 12, 2012
TiVo wins $103M round in EchoStar fight - Tampa Bay Business Journal:
vlastaowibopaj.blogspot.com
EchoStar lost an appeal in district courfin Texas. The court awardedd Alviso-based TiVo (NASDAQ: TIVO) $103, 068,836 plus which covers the periodfrom Sept. 8, 2006 to April 18, 2008. But EchoStart (NASDAQ: SATS), of Englewood, will appeal the matter to the U.S Courr of Appeals for the Federal Circuit. Even if TiVo triumphs, which observers thinkl likely, the award won’t wipe away its largd accumulated deficit. In the fiscal years 2008 and before itwon damages, TiVo lost $31.6 million and $49.1 respectively. TiVo has already been awarded $105 millionb in this patent fight with Though that earlier EchoStar payment contributed to a profigof $103.
6 million for TiVo in the quarterd ended January, the company’s accumulated deficigt (how much it has lost or written off sinc it started) at that time was $672. 2 million. “We will need to generate significantr additional revenues to achievesustained profitability,” the companuy said in its most recent quarterly filing. TiVo’ws president and CEO, Tom Rogers, 54, was paid a salargy of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 million, includinh $54,824 for housing, housing related and living $42,796 in insurance related expenses, and $20,099 in familyy travel related expenses, according to TiVo’s proxh card.
Rogers also sits on the boare at , a Texas telephone book publisher that filecd Chapter 11in March. He’as been a director therd sinceNovember 2006. Idearc, bases at the Dallas-Fort Wortnh Airport, paid a cash retainer of $60,000 to directors in the latestyear it’zs reported in a proxy statement. Formef TiVo board member Charles a marketing executive who saton TiVo’s audit committee, died May 27. TiVo had 463 workerds as of March 23, more than half of them in researcjh anddevelopment jobs.
EchoStar lost an appeal in district courfin Texas. The court awardedd Alviso-based TiVo (NASDAQ: TIVO) $103, 068,836 plus which covers the periodfrom Sept. 8, 2006 to April 18, 2008. But EchoStart (NASDAQ: SATS), of Englewood, will appeal the matter to the U.S Courr of Appeals for the Federal Circuit. Even if TiVo triumphs, which observers thinkl likely, the award won’t wipe away its largd accumulated deficit. In the fiscal years 2008 and before itwon damages, TiVo lost $31.6 million and $49.1 respectively. TiVo has already been awarded $105 millionb in this patent fight with Though that earlier EchoStar payment contributed to a profigof $103.
6 million for TiVo in the quarterd ended January, the company’s accumulated deficigt (how much it has lost or written off sinc it started) at that time was $672. 2 million. “We will need to generate significantr additional revenues to achievesustained profitability,” the companuy said in its most recent quarterly filing. TiVo’ws president and CEO, Tom Rogers, 54, was paid a salargy of $800,000 in the latest fiscal His total compensation for the yearwas $5.9 million, includinh $54,824 for housing, housing related and living $42,796 in insurance related expenses, and $20,099 in familyy travel related expenses, according to TiVo’s proxh card.
Rogers also sits on the boare at , a Texas telephone book publisher that filecd Chapter 11in March. He’as been a director therd sinceNovember 2006. Idearc, bases at the Dallas-Fort Wortnh Airport, paid a cash retainer of $60,000 to directors in the latestyear it’zs reported in a proxy statement. Formef TiVo board member Charles a marketing executive who saton TiVo’s audit committee, died May 27. TiVo had 463 workerds as of March 23, more than half of them in researcjh anddevelopment jobs.
Tuesday, September 11, 2012
More CEOs look outside California to expand - Silicon Valley / San Jose Business Journal:
jiqatili.wordpress.com
has a decision to make. Businesw at his venture-backed, software-as-a-servicr company is off the charts. His company has seen triple-digit growtgh over the past two years, and he needs to add an insidre sales team of about 35 people to hiscurren roster. That will up his payroll to 185 employeesw split between four offices inthe U.S. and He’s just not sure he wants to hire themin “It’s very expensive to do business in California, so for us, we are absolutelt looking for lower-cost ways to add a significant salesd organization,” Cabrera said. “We’re trying to decide whers theyshould be.” As a CEO, Cabreraz isn’t alone in his thinking.
For everuy positive aspect — technology, access to a live-work-play environment, great colleges and opportunities forlearningv — there seems to be a polar opposite — soaring workers’ comp costs, pricety real estate, high taxes and a generallty unfriendly regulatory environment. The state, in ranked dead last in a 2009 survey of 543 CEOson “Bestt and Worst States for Job Growtjh and Business” by Chier Executive Magazine. The according to the survey, were North Carolina and Florida. California has held that dubiousx rankingsince 2006.
The CEOs surveyec ranked California first in technology and access to but 48th in the categories of cost of businesds andbusiness friendliness. They ranked the Goldenm State 31stin education. As for the statew budget crisis, it’s making an alread y bad situation worse. Business leaders say the Legislaturw and the governor are so tied up withthe state’a financial concerns that they have little time for issuez affecting business or anything else.
“I’m aware of companies that have the opportunity to expand in California and are being romancedf by other states that will make enormous accommodationsz toattract high-tech industry,” said Tom Baruch, foundert of the venture firm CMEA Capital. “Ths environment here in California, especialluy in terms of the ability to get cooperationn from the state withtax relief, job etc., I’ve found to be Baruch had a visit in June from Colorad Gov.
Bill Ritter, who has taken an interest in CMEA’s energy investments and wanted to tell Baruchh a little about his homestate — and invite him to considedr locating a CMEA satellite office or some of the companiesw he’s funded there. “I will follow up and pay a visitf and look at investmengopportunities there,” Baruch said. “My time is so if I’m willing to take a day and spenxdit there, it says something.” In a 2008 Milkeb Institute study titled “America’s High-Tech Economy,” Silicon Valley remainedf at the top of the list of best-performing U.S.
metro areas, noted for its uniqur ecosystem that spawns notonly companies, but also entirs industries. But one industry about to break open inthe U.S. advanced battery development — is lookin to Kentucky as its new epicenter. More than 50 companie from acrossthe country, includinb five lithium ion battery developers from the Bay have banded together to seek as much as $400 millionm in federal stimulus money from the U.S.
Department of Energyu so they can build anestimated $500 million manufacturing Kentucky has promised to pitch in $200 million to develop that California wasn’t among the eight finalistsd being considered by the group, the National Allianc for Advanced Transportation Batteries. Clark Dong, CEO of Moleculat Nanosystems Inc. of Palo Alto, one of the members of the said his company dida line-item comparisonh of all of the costs it wouldr incur by opening a plant in California — and the compang is considering leaving the The concern isn’t the state’s stability, he It’s the cost of doinfg business. “We’re exploring moving out of Dong said.
“A produc such as lithium ion is competitivwand cost-sensitive, and in order to do any manufacturing here, it would be I have to answer to my shareholders.” A report issued June 23 by the Milkenj Institute bears out Dong’s problem. Californiqa had 21 percent fewer manufacturing jobs in 2007 than in compared with a declinw of 20 percent nationally and 13 percent among seven states competing for the same type ofmanufacturint jobs. Driving that decline: a reputatiob for an unfriendlybusinesas climate, comparatively high tax rates, a restrictive regulatory climatd and unsustainable government spending.
San Jose Mayofr Chuck Reed said California’s budget crisie ends up being another issus weighing on the mindsof CEOs. Some companiew have an “ABC” — Anywhere But California — policg when it comes to expansion plans, he said. One company the city foughyt long andhard for, Nanosolar Inc., needs to find space for a $42 milliob solar project, testing thin-film technology as part of a governmenyt grant. Reed said the compan has indicatedit can’t find the appropriat e space here.
has a decision to make. Businesw at his venture-backed, software-as-a-servicr company is off the charts. His company has seen triple-digit growtgh over the past two years, and he needs to add an insidre sales team of about 35 people to hiscurren roster. That will up his payroll to 185 employeesw split between four offices inthe U.S. and He’s just not sure he wants to hire themin “It’s very expensive to do business in California, so for us, we are absolutelt looking for lower-cost ways to add a significant salesd organization,” Cabrera said. “We’re trying to decide whers theyshould be.” As a CEO, Cabreraz isn’t alone in his thinking.
For everuy positive aspect — technology, access to a live-work-play environment, great colleges and opportunities forlearningv — there seems to be a polar opposite — soaring workers’ comp costs, pricety real estate, high taxes and a generallty unfriendly regulatory environment. The state, in ranked dead last in a 2009 survey of 543 CEOson “Bestt and Worst States for Job Growtjh and Business” by Chier Executive Magazine. The according to the survey, were North Carolina and Florida. California has held that dubiousx rankingsince 2006.
The CEOs surveyec ranked California first in technology and access to but 48th in the categories of cost of businesds andbusiness friendliness. They ranked the Goldenm State 31stin education. As for the statew budget crisis, it’s making an alread y bad situation worse. Business leaders say the Legislaturw and the governor are so tied up withthe state’a financial concerns that they have little time for issuez affecting business or anything else.
“I’m aware of companies that have the opportunity to expand in California and are being romancedf by other states that will make enormous accommodationsz toattract high-tech industry,” said Tom Baruch, foundert of the venture firm CMEA Capital. “Ths environment here in California, especialluy in terms of the ability to get cooperationn from the state withtax relief, job etc., I’ve found to be Baruch had a visit in June from Colorad Gov.
Bill Ritter, who has taken an interest in CMEA’s energy investments and wanted to tell Baruchh a little about his homestate — and invite him to considedr locating a CMEA satellite office or some of the companiesw he’s funded there. “I will follow up and pay a visitf and look at investmengopportunities there,” Baruch said. “My time is so if I’m willing to take a day and spenxdit there, it says something.” In a 2008 Milkeb Institute study titled “America’s High-Tech Economy,” Silicon Valley remainedf at the top of the list of best-performing U.S.
metro areas, noted for its uniqur ecosystem that spawns notonly companies, but also entirs industries. But one industry about to break open inthe U.S. advanced battery development — is lookin to Kentucky as its new epicenter. More than 50 companie from acrossthe country, includinb five lithium ion battery developers from the Bay have banded together to seek as much as $400 millionm in federal stimulus money from the U.S.
Department of Energyu so they can build anestimated $500 million manufacturing Kentucky has promised to pitch in $200 million to develop that California wasn’t among the eight finalistsd being considered by the group, the National Allianc for Advanced Transportation Batteries. Clark Dong, CEO of Moleculat Nanosystems Inc. of Palo Alto, one of the members of the said his company dida line-item comparisonh of all of the costs it wouldr incur by opening a plant in California — and the compang is considering leaving the The concern isn’t the state’s stability, he It’s the cost of doinfg business. “We’re exploring moving out of Dong said.
“A produc such as lithium ion is competitivwand cost-sensitive, and in order to do any manufacturing here, it would be I have to answer to my shareholders.” A report issued June 23 by the Milkenj Institute bears out Dong’s problem. Californiqa had 21 percent fewer manufacturing jobs in 2007 than in compared with a declinw of 20 percent nationally and 13 percent among seven states competing for the same type ofmanufacturint jobs. Driving that decline: a reputatiob for an unfriendlybusinesas climate, comparatively high tax rates, a restrictive regulatory climatd and unsustainable government spending.
San Jose Mayofr Chuck Reed said California’s budget crisie ends up being another issus weighing on the mindsof CEOs. Some companiew have an “ABC” — Anywhere But California — policg when it comes to expansion plans, he said. One company the city foughyt long andhard for, Nanosolar Inc., needs to find space for a $42 milliob solar project, testing thin-film technology as part of a governmenyt grant. Reed said the compan has indicatedit can’t find the appropriat e space here.
Sunday, September 9, 2012
Back to business: Election gridlock yields to activity - Dayton Business Journal:
evlampiyacyxybyw.blogspot.com
A decision-making gridlock has been in place. Many localo business people were waiting until after the election to makekey moves. That was the consensus of 61 percengtof respondents, or 226 of the 368 that votee in the last week’s Business Pulse Survey, the nonscientifif online weekly poll by the . But by Wednesday morning, a strategidc logjam began to loosen. “Hopefully people can now get on with making decisions,” said Mark Wanich, VP/director of commercial servicews division at Stewart Title Guaranty Co. “I’m up to givin g the guy [President-elect Barack Obama] the benefi t of the doubt.” The country needs stability, Wanich said.
“It’d stability that makes Americanbusiness He’s hopeful the presidentf and Congress will help banks. “What’s important is for bankas to start lending Wanich said. “That’s what is killing us righgt now. What we need right now is more capital broughft into the economyto invest.” Banke r Bob McGivney spent part of Electionn Day at a Pinellas Countuy manufacturing firm. Despite tight margins, the companyt was busy and every machine was All thecompany needs, he is more orders from its customers. That won’t happen just becausde the presidential electionis over, McGivneyu said.
“When you’ve got payroll to make, it doesn’t matted who’s in the White House. It matters what’w in the checking account,” McGivney McGivney, chairman and CEO of in Oldsmar, said the crisiw hitting the financial industry comes down to a lack of It will take a while to get thatconfidencs back, McGivney said, and a change in administratioj won’t make a difference: “There’s no instanr fix to this. Whether [Sen.
John] McCain or Obamaq won, there’s no instant He’s expecting a turnaround beginning in but it will start slowlyuand it’s not tied to the election, he Startup Jefferson Bank, which launched operations in December, is on tracmk with its own strategic plans and doesn’t expectf changes in lending as a result of the election. one change McGivney is anticipating is additionalo regulation in the CommunityReinvestment Act, whichb encourages commercial banks and savings associations to meet the creditr needs of the communities in whichj they operate, including low- and moderate-incom neighborhoods.
“Democrats have a more socially active approac tofinancial regulation. I appreciate that they want to do butyou can’t mandate economics. It doesn’t work. It’s color It all comes down to math,” McGivney said. The impact of the election results onDavifd Cribbin’s business depends on what policies actuallt are enacted, said the president of . He believesx the “positions market” in his industrgy will suffer. The Palm Harbor firm provides financint for the acquisition and leasinhgof aircraft. Corporations and investors pay for positionw in line to take delivery of new sort of like alayawayh plan.
Cribbin expects that investors will no longer have use for theirf positions and be unable to sell them andwalk away, leaving aircraft manufacturers with an overbuilt inventory. “My big concermn is tax rates,” he said. “Ig you want less of something, tax it. If you increasew the capital gains tax, there will be less less productivity andwagese aren’t going to increase.” Cribbin’s strategy for coping with the election outcome is to continuew to build his niche financing resourcese as large lenders “In the aircraft financing business, it’s all about knowingf who will do what,” he said.
“We’vs been lucky at doing
A decision-making gridlock has been in place. Many localo business people were waiting until after the election to makekey moves. That was the consensus of 61 percengtof respondents, or 226 of the 368 that votee in the last week’s Business Pulse Survey, the nonscientifif online weekly poll by the . But by Wednesday morning, a strategidc logjam began to loosen. “Hopefully people can now get on with making decisions,” said Mark Wanich, VP/director of commercial servicews division at Stewart Title Guaranty Co. “I’m up to givin g the guy [President-elect Barack Obama] the benefi t of the doubt.” The country needs stability, Wanich said.
“It’d stability that makes Americanbusiness He’s hopeful the presidentf and Congress will help banks. “What’s important is for bankas to start lending Wanich said. “That’s what is killing us righgt now. What we need right now is more capital broughft into the economyto invest.” Banke r Bob McGivney spent part of Electionn Day at a Pinellas Countuy manufacturing firm. Despite tight margins, the companyt was busy and every machine was All thecompany needs, he is more orders from its customers. That won’t happen just becausde the presidential electionis over, McGivneyu said.
“When you’ve got payroll to make, it doesn’t matted who’s in the White House. It matters what’w in the checking account,” McGivney McGivney, chairman and CEO of in Oldsmar, said the crisiw hitting the financial industry comes down to a lack of It will take a while to get thatconfidencs back, McGivney said, and a change in administratioj won’t make a difference: “There’s no instanr fix to this. Whether [Sen.
John] McCain or Obamaq won, there’s no instant He’s expecting a turnaround beginning in but it will start slowlyuand it’s not tied to the election, he Startup Jefferson Bank, which launched operations in December, is on tracmk with its own strategic plans and doesn’t expectf changes in lending as a result of the election. one change McGivney is anticipating is additionalo regulation in the CommunityReinvestment Act, whichb encourages commercial banks and savings associations to meet the creditr needs of the communities in whichj they operate, including low- and moderate-incom neighborhoods.
“Democrats have a more socially active approac tofinancial regulation. I appreciate that they want to do butyou can’t mandate economics. It doesn’t work. It’s color It all comes down to math,” McGivney said. The impact of the election results onDavifd Cribbin’s business depends on what policies actuallt are enacted, said the president of . He believesx the “positions market” in his industrgy will suffer. The Palm Harbor firm provides financint for the acquisition and leasinhgof aircraft. Corporations and investors pay for positionw in line to take delivery of new sort of like alayawayh plan.
Cribbin expects that investors will no longer have use for theirf positions and be unable to sell them andwalk away, leaving aircraft manufacturers with an overbuilt inventory. “My big concermn is tax rates,” he said. “Ig you want less of something, tax it. If you increasew the capital gains tax, there will be less less productivity andwagese aren’t going to increase.” Cribbin’s strategy for coping with the election outcome is to continuew to build his niche financing resourcese as large lenders “In the aircraft financing business, it’s all about knowingf who will do what,” he said.
“We’vs been lucky at doing
Saturday, September 8, 2012
Supportive care crucial after prenatal CHD diagnosis - Nurse.com
ibitasony.wordpress.com
Supportive care crucial after prenatal CHD diagnosis Nurse.com Infants with a prenatal diagnosis of CHD are more stable and have better outcomes than infants diagnosed after birth, and a prenatal diagnosis » |
Thursday, September 6, 2012
Carl's Rock Songbook #60: David Bowie, “Fame†- First Things (blog)
batyushkinuxit.blogspot.com
Carl's Rock Songbook #60: David Bowie, “Fame†First Things (blog) We left off the analysis of ALMOST FAMOUS at the key point, where we were about to get into what it says about Rock and Fame. That is a complicated subject, because you need to consider the phenomenon of Fame itself, before you get into what Rock does ... |
Wednesday, September 5, 2012
Hawaiian Telcom opposes buyout offer - Kansas City Business Journal:
ekaterinaiuvo.blogspot.com
Sandwich Isles filed a motion earlieer this month to submit a competing Chapter 11 reorganizatiojn plan forHawaiian Telcom. In it, the Honolulu-based companyy offered to buy Hawaiian Telcom’s assets usinhg $250 million in cash and $150 million in debt that would be issuedf byHawaiian Telcom. Until June 30, Hawaiian Telco m has so-called “exclusivity” in filing a reorganizationm plan. The company wants to extend that exclusivithyto Sept. 30 as it gets votes on a proposes plan it filedJune 3.
Sandwich Isles has filed an objection to that andHawaiian Telcom’s latest filing defends the “Asking the court for help in promoting a low-ballk offer for Hawaiian Telcom’s businesse is not a recipe for success in bankruptcuy proceedings,” Hawaiian Telcom said in the filing. Sandwich a company founded in 1995 to take advantager of government subsidies that pay for the installatiob of broadband cable inrural areas, had said in its motiohn that Hawaiian Telcom refused to consider its But, Hawaiian Telcom says it analyzed and rejectedd the offer in May, for eight reasons listed in the filing.
It cited Sandwicuh Isles’ lack of committed financing, lack of federal and statwe licenses to operate in urban and lack of experience and ability to operatea full-servics communications company. Hawaiian Telcom said it stands behind its proposeed reorganization plan to reducethe company’s debt by nearly $790 from $1.1 billion to $300 Sandwich Isles’ motion also claimds Hawaiian Telcom has not made good-faith progressw in its bankruptcy case since filing for Chapter 11 protectiob in December. In defending that Hawaiian Telcom’s chief operatingb officer Kevin Nystrom said the companty hascontacted “dozens of strategic and financiakl purchasers.
” The company said it pursuexd a potential buyer, whom it did not identify, but that aftefr two months of talks no offer was Nystrom said Hawaiian Telcom also asked its “equity sponsor” -- its majorit y owner, of Washington, D.C. -- about a standalone reorganizatioj and also discussed standalone restructuring optionw with its bondholders andsecured lenders.
Sandwich Isles filed a motion earlieer this month to submit a competing Chapter 11 reorganizatiojn plan forHawaiian Telcom. In it, the Honolulu-based companyy offered to buy Hawaiian Telcom’s assets usinhg $250 million in cash and $150 million in debt that would be issuedf byHawaiian Telcom. Until June 30, Hawaiian Telco m has so-called “exclusivity” in filing a reorganizationm plan. The company wants to extend that exclusivithyto Sept. 30 as it gets votes on a proposes plan it filedJune 3.
Sandwich Isles has filed an objection to that andHawaiian Telcom’s latest filing defends the “Asking the court for help in promoting a low-ballk offer for Hawaiian Telcom’s businesse is not a recipe for success in bankruptcuy proceedings,” Hawaiian Telcom said in the filing. Sandwich a company founded in 1995 to take advantager of government subsidies that pay for the installatiob of broadband cable inrural areas, had said in its motiohn that Hawaiian Telcom refused to consider its But, Hawaiian Telcom says it analyzed and rejectedd the offer in May, for eight reasons listed in the filing.
It cited Sandwicuh Isles’ lack of committed financing, lack of federal and statwe licenses to operate in urban and lack of experience and ability to operatea full-servics communications company. Hawaiian Telcom said it stands behind its proposeed reorganization plan to reducethe company’s debt by nearly $790 from $1.1 billion to $300 Sandwich Isles’ motion also claimds Hawaiian Telcom has not made good-faith progressw in its bankruptcy case since filing for Chapter 11 protectiob in December. In defending that Hawaiian Telcom’s chief operatingb officer Kevin Nystrom said the companty hascontacted “dozens of strategic and financiakl purchasers.
” The company said it pursuexd a potential buyer, whom it did not identify, but that aftefr two months of talks no offer was Nystrom said Hawaiian Telcom also asked its “equity sponsor” -- its majorit y owner, of Washington, D.C. -- about a standalone reorganizatioj and also discussed standalone restructuring optionw with its bondholders andsecured lenders.
Tuesday, September 4, 2012
Memphis City Council committee approves PILOT changes - Memphis Business Journal:
lihung-associations.blogspot.com
The matter now goes before the full city council onApril 7. The unanimously approved the same resolutionon Feb. 24. Memphid and Shelby County division of planning and development executiv e directorCharles Gullota, senior vice president of economic development Mark Herbiso n and Office of Planning and Development compliance officer Joanne Massey made the presentation to the committee. “Whaf Charles Gullota and I were asked to do as economic development professionals was to bringb a plan to make us as competitive as we thoughtywe (the city and county) could be and that’x what we did,” Herbison On the administrative side, the resolution woulx enhance compliance monitoring of individual PILOTs, expan d reporting to the Shelby County Commissiomn and streamline the tax abatement program.
The move is in responsr to restrictive measures put on the program in recenty years that some say have steered new industries away from Memphiw intoother markets, including DeSoto Miss. Also, companies which go bankrupt, relocate before theire PILOT term ends or default would have theifrPILOTs canceled. The resolution would do away with the residency which forces companies to have 75 perceny of its employees living inShelbty County, although economic development officiales would encourage and assisrt employers in hiring Shelby County residents. The resolution would only requir e companies to go before the Memphisd and Shelby County Industrial Development streamliningthe process.
Right now, companies are requiree to go before a PILOT evaluation committee and thefull board, oftem weeks apart. This is an impedimentf to companies with executives and consultantsfrom out-of-state. The applications then have to be approved independently by the countyu commission andcity council, makinhg the process more protracted and highly The resolution would also eliminate the PILOT’s repaymen program, which required companied to put money into escrow in orderd to pay the city and county back if it failed to meet its job creation or capital investment goals.
City councilmamn Kemp Conrad said the PILOrT changes clearing the committee is apositiv development, but the issue couls face debate at the full city councilp meeting. Conrad, who is also president of , said thes PILOT changes could be key in helping Memphiw and Shelby County through challengintgeconomic times. “We have to grow our way out of this crisid and the only way to do that is to create jobs in theprivatwe sector,” he says. “The reality is that what we’re doing now is forcinhg people out of theregiohn or, if they want to be in this to DeSoto County.
”
The matter now goes before the full city council onApril 7. The unanimously approved the same resolutionon Feb. 24. Memphid and Shelby County division of planning and development executiv e directorCharles Gullota, senior vice president of economic development Mark Herbiso n and Office of Planning and Development compliance officer Joanne Massey made the presentation to the committee. “Whaf Charles Gullota and I were asked to do as economic development professionals was to bringb a plan to make us as competitive as we thoughtywe (the city and county) could be and that’x what we did,” Herbison On the administrative side, the resolution woulx enhance compliance monitoring of individual PILOTs, expan d reporting to the Shelby County Commissiomn and streamline the tax abatement program.
The move is in responsr to restrictive measures put on the program in recenty years that some say have steered new industries away from Memphiw intoother markets, including DeSoto Miss. Also, companies which go bankrupt, relocate before theire PILOT term ends or default would have theifrPILOTs canceled. The resolution would do away with the residency which forces companies to have 75 perceny of its employees living inShelbty County, although economic development officiales would encourage and assisrt employers in hiring Shelby County residents. The resolution would only requir e companies to go before the Memphisd and Shelby County Industrial Development streamliningthe process.
Right now, companies are requiree to go before a PILOT evaluation committee and thefull board, oftem weeks apart. This is an impedimentf to companies with executives and consultantsfrom out-of-state. The applications then have to be approved independently by the countyu commission andcity council, makinhg the process more protracted and highly The resolution would also eliminate the PILOT’s repaymen program, which required companied to put money into escrow in orderd to pay the city and county back if it failed to meet its job creation or capital investment goals.
City councilmamn Kemp Conrad said the PILOrT changes clearing the committee is apositiv development, but the issue couls face debate at the full city councilp meeting. Conrad, who is also president of , said thes PILOT changes could be key in helping Memphiw and Shelby County through challengintgeconomic times. “We have to grow our way out of this crisid and the only way to do that is to create jobs in theprivatwe sector,” he says. “The reality is that what we’re doing now is forcinhg people out of theregiohn or, if they want to be in this to DeSoto County.
”
Sunday, September 2, 2012
Hopkins begins extended-stay housing project - Baltimore Business Journal:
kleopatraxnibe.blogspot.com
Johns Hopkins started work last monthy onthe $10 million which will include 40 new long-term stay a meditation room, respite room, central kitchen and space for psychologica l support services for patients and families. As patientx continue to shop around for some of their healthcare services, more hospitals nationwidre are looking into providing conveniences like extended-stay residences, said Michael Hibler, a spokesman for Hopkins' cancerr center. In the Baltimors area, Sinai Hospital of Baltimord openeda short-term housing facility for patients of its orthopedics and cancet programs and their families. That facility can accommodate as many as 10 familie ata time.
"Thesr are very rare," said Hibler. "Theyg are few and far between." Knowh as the Hackerman-Patz Patienr & Family Pavilion, the new Hopkins facilitu will be located at Broadway and Orleans streeta across fromthe . The project could be completee by October 2008 witha move-inn date of November. Each year cancer center has between 2,500 and 3,000o admissions and performs nearly 20,000 chemotherapy The new 40,000-square-foot housing facility will replace two residentia buildings for patients and families alreadyh near the center that serve about 20 familiesw ata time.
Patients and families currently pay lessthan $100 a night for the apartments; prices for the new apartments haven'tt been finalized. was awarded an $8.5 million contract for the Funding for the construction was provides by two gifts from Sidney Kimmel andWillars Hackerman.
Johns Hopkins started work last monthy onthe $10 million which will include 40 new long-term stay a meditation room, respite room, central kitchen and space for psychologica l support services for patients and families. As patientx continue to shop around for some of their healthcare services, more hospitals nationwidre are looking into providing conveniences like extended-stay residences, said Michael Hibler, a spokesman for Hopkins' cancerr center. In the Baltimors area, Sinai Hospital of Baltimord openeda short-term housing facility for patients of its orthopedics and cancet programs and their families. That facility can accommodate as many as 10 familie ata time.
"Thesr are very rare," said Hibler. "Theyg are few and far between." Knowh as the Hackerman-Patz Patienr & Family Pavilion, the new Hopkins facilitu will be located at Broadway and Orleans streeta across fromthe . The project could be completee by October 2008 witha move-inn date of November. Each year cancer center has between 2,500 and 3,000o admissions and performs nearly 20,000 chemotherapy The new 40,000-square-foot housing facility will replace two residentia buildings for patients and families alreadyh near the center that serve about 20 familiesw ata time.
Patients and families currently pay lessthan $100 a night for the apartments; prices for the new apartments haven'tt been finalized. was awarded an $8.5 million contract for the Funding for the construction was provides by two gifts from Sidney Kimmel andWillars Hackerman.
Saturday, September 1, 2012
Parts Of Louisiana Hit By Isaac On Radar Of Both Obama, Romney - KMGH Denver
caloloary.blogspot.com
The Associated Press | Parts Of Louisiana Hit By Isaac On Radar Of Both Obama, Romney KMGH Denver The agency, part of the Department of Homeland Security, announced Thursday that federal aid has been made available for the state to supplement state and local recovery efforts. Obama will meet with officials dealing with Isaac's impact and "making ... Isaac moving north after leaving parts of Louisiana flooded, without power Rescues continue as Isaac floods parts of La. |
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