jabire2389.blogspot.com
The program, which recently received approvaolfrom Virginia’s State Council of Higher is a cross-disciplinary program drawing supportg and resources from three GMU schools the Volgenau School of Information Technologu and Engineering, the School of Management and the School of Public Policy. The program is being unveiled as the economic crisis has driex up demand for real estate development acrossxthe country. Still, with its size and proximity tofederap government, the Washington region has risen to the top of most rankings of the world’s real estate market.
The new master’s program is the culminatiom ofa year-long effort to increase education in today’s complex real estate industry. To involve the professional real estatdevelopment community, the school worked closely with local real estats leaders and with NAIOP Northern a commercial real estate development association, to plan the new said Mark Hassinger, chairman of GMU’s Centerd for Real Estate Entrepreneurship’s advisory board and presidentt of Students will choose one of threse tracks: development, finance or sustainability and the environment.
The progranm will offer courses in land use and sustainable development, real estate finance, entrepreneurshipp and leadership, management of the developmenty process, marketing and asset management and development companyg management. “This program is the right educational product, beinbg delivered in the right location, housed in the righft creative grouping of schools at Mason and beiny developed at the right time givenj the current challenges ofan ever-changing real estate environment,” Hassingerd said. In July, the university hired ’s Anthonyh B.
Sanders to help lead the new Sanders, who will hold the title of distinguished professor of real estate will co-direct the Center for Real Estate Entrepreneurship. Sanders’ researcuh and teaching focuses on investmentz with particular emphasis on real estate finance and He previously taught atthe , the Universit y of Texas at Austin and The Ohio State University. Before that, Sanders led ’s asset-backed and mortgage-backer securities research division in NewYork City. Despitee today’s challenging economic times, Sanders welcomes the opportunity to work in a real estatde program that draws on the expertise of theWashington market’s local professionals.
The center plans to work with localk adjunct faculty and guest lecturers on case studieas fromthe region, and to sponsor applie d research projects and community outreacy programs. The center and the new academic prograjm will also provide continuing education and leadership seminarsd for local realestate professionals. “There are so many problem facing the real estate industry in the but those same problems create enormous opportunities for realestate entrepreneurs,” Sanders said.
Applicationsa are being accepted nowat
Monday, December 31, 2012
Saturday, December 29, 2012
Business
sasutezew.blogspot.com
The projected 9 percent cost increasd is slightly lower thanthe 9.2 percentf increase in 2009 and 9.9 percentg increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpace inflation and wage The report suggests that medical costs continuwe to climb because U.S. workers are accelerating their useof health-carwe services in anticipation of losing theire jobs and, potentially, their insurance. Rising unemployment, an increaseed numbers of individuals with little or no insurance and a growinh percentage of the population on Medicaid further rampup medical-cosf trends — the figured actuaries use to set futur e health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsw of health insurance to theitr workersin 2010. Employers also say they expecf workers to take more responsibility for managing theirdpersonal health.
The projected 9 percent cost increasd is slightly lower thanthe 9.2 percentf increase in 2009 and 9.9 percentg increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpace inflation and wage The report suggests that medical costs continuwe to climb because U.S. workers are accelerating their useof health-carwe services in anticipation of losing theire jobs and, potentially, their insurance. Rising unemployment, an increaseed numbers of individuals with little or no insurance and a growinh percentage of the population on Medicaid further rampup medical-cosf trends — the figured actuaries use to set futur e health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsw of health insurance to theitr workersin 2010. Employers also say they expecf workers to take more responsibility for managing theirdpersonal health.
Thursday, December 27, 2012
Laramar wins foreclosure suit on failed condo conversion - South Florida Business Journal:
gault-rickettsias.blogspot.com
bought the 160-unit complex in 2006 and took outa $59.6 million loan from to purchasee and convert the building. Oceahn Bank foreclosed on the complex inJune 2007. In late Laramar took over as theproject lender. By it had returned to its original name and was once agaim being marketed as anapartment complex. In its May 14 the court said the property is to be sold on June 26 at10 a.m. Oceab Bank may have unloadex the project before the completiob ofthe foreclosure, but it is stilp facing a lawsuit from mezzanine lender . New Jersey-based Meecorp made a $3.5 million loan to Villa Mare -- which is the sole membere of NRW -- to assist in the complex' conversion.
In the suit, Meecorp said it took a less-secure lendinv position at Ocean Bank's insistence. It also claimed that when Oceanh Bank modified its lending agreementwith NRW, it made it impossibld for the company to sell the requiref amount of units, condemning the project to foreclosurse and causing Meecorp to be unable to recover its It also claims that it would neverf have funded the mezzanine loan had Ocean Bank informexd it that NRW's sales contracts were underpriced an It is asking for $3.5 milliobn plus attorneys fees. Ocean Bank filerd court documentsdenying Meecorp's claims.
bought the 160-unit complex in 2006 and took outa $59.6 million loan from to purchasee and convert the building. Oceahn Bank foreclosed on the complex inJune 2007. In late Laramar took over as theproject lender. By it had returned to its original name and was once agaim being marketed as anapartment complex. In its May 14 the court said the property is to be sold on June 26 at10 a.m. Oceab Bank may have unloadex the project before the completiob ofthe foreclosure, but it is stilp facing a lawsuit from mezzanine lender . New Jersey-based Meecorp made a $3.5 million loan to Villa Mare -- which is the sole membere of NRW -- to assist in the complex' conversion.
In the suit, Meecorp said it took a less-secure lendinv position at Ocean Bank's insistence. It also claimed that when Oceanh Bank modified its lending agreementwith NRW, it made it impossibld for the company to sell the requiref amount of units, condemning the project to foreclosurse and causing Meecorp to be unable to recover its It also claims that it would neverf have funded the mezzanine loan had Ocean Bank informexd it that NRW's sales contracts were underpriced an It is asking for $3.5 milliobn plus attorneys fees. Ocean Bank filerd court documentsdenying Meecorp's claims.
Tuesday, December 25, 2012
The Security Swamp - St. Louis Business Travel Guide
ogarawo.wordpress.com
I tell you these admittedly prosaif bits of personal trivia because I want you to know that I am not agains t giving this information to the Transportation SecurityAdministrationh (TSA). And if you want to fly, you, too, will soon be require d to disclose this data tothe TSA, the leaderless, secretive bureaucracy that has spent the years since 9/11 alternately keeping us safe and infuriatintg us.
Secure Flight, the officiak name of this latest bit of data mining by the federalk bureaucracy with the power over your freedomof movement, kicked in last week in typical TSA suddenly, with virtually no publicx discussion and even fewetr details about its According to the agency's press release, which is buriedf half-a-dozen clicks deep on the TSA Secure Flight is now operative on four airlines. Whichg airlines? The TSA won't say. When will Securd Flight be extended toother carriers? Sometimr in the next year, but the agency won't publiclh disclose a timeline or discuse the whys, wherefores, and practical details.
Beforde we can even discuss why a federa l agency needs to know when you were born beforse it permits youto fly, let'as back up and explain the securitg swamp that the TSA has Born in haste after 9/11, the TSA was specificallyg tasked by Congress to assume overall authority for airport securituy and pre-flight passenger screening. Before airlines were required to overseesecurity checkpoints, and carriers farmed out the job to rent-a-cop agencies. Their work was shoddy, and the minimum-wagew screeners were often untrained. Despitse some birthing pains and well-publicized missteps, the TSA eventually got a more professionapl crewof 40,000 or so screeners workingf the checkpoints.
Generally speaking, the checkpoinft experience is more professional andcourteous now, if not actually more secure. In despite rigorous employee training and billiond of dollars spent onnew technology, random tests show that TSA screenersz miss as much contraband as their minimum-wage, rent-a-cop predecessors. But the TSA's mission wasn't just passengef checkpoints. Congress asked the new agenc to screen all cargo traveling onpassenger (The TSA has resisted the mandate and still doesn'yt screen all cargo.
) Congress also empowered the TSA to overseer a private "trusted program that would speed the journey of frequent flierz who voluntarily submitted to invasive background (The TSA has all but killed trusted which morphed into inconsequential "registered programs like Clear.) Most importantf of all perhaps, both Congress and the 9/11 Commission wantee the TSA to get a handler on "watch lists" and otherd government data programs aimed at identifying potentialp terrorists before they flew. And nowheres has the agency beenmore ham-fisted than in the informatiob arena. The TSA's first attempt to corral data, CAPPSS II, was an operational and Constitutionap nightmare.
The Orwellian scheme envisioned travelers being profiledc with huge amounts of sensitiveprivate data—credit records, for example—that the governmenr would store indefinitely. Everyone—privacy advocates, airlines, civil libertarians and certainly travelers—hated CAPPSS II. The TSA grudgingly killedc the plan in 2004 aftefrsome high-profile data-handling gaffes made its implementation a political While this security kabuki was playing out, the number and size of government watch lists of potential terrorists ballooned.
Current estimatez say there are as many as a millionh entries on the various although the TSA argues that only a few thousand actual peopleare suspect. Buyt how do you reconcil e the blizzardof watch-lisf names—some as common as Nelson, which has been a hassle for singer/actoer David Nelson of Ozzie & Harriet TV fame—witb the actual bad guys who are threats to aviation? Enter Secure Flight, a stripped-down version of CAPPzS II.
The TSA's theory: If passengers submit theifr exact names, dates of birth, and their gender when they make the agency could proactively separate the terrorist Nelsons from thetelevisio Nelsons, and guarantee that the average in my case, the average Joseph Angelo—won't be fingered as a potentiao troublemaker. Theoretically, giving the TSA that basidc information seemslogical enough. But the logistics are somethinhgelse again: Airline websites and reservations third-party travel agencies, and the GDS (globapl distribution system) computers that power those ticketing engines haven't been programmed to gatherf birthday and gender And Secure Flight's insistence that the name on a ticket exactlu match the name on a traveler's identification is also Fliers often use several kinds of ID that do not always have exactly the same (Does your driver's license and passport have exactlyt the same name on it?
) Many travelerws have existing airline profiles and frequent-flier program membership underf names that do not exactly match the one on theidr IDs. Another fly in the Securee Flight ointment: While the TSA is assuming the watch list function s fromthe airlines, the carriers will still be requiref to gather the name, birtg date, and gender information and transmift it to the agency. Meshing the airline computers with the TSA systemzs has been troublesome in thepast and, from the it looks like very littld planning has been done to ensur e that Secure Flight runs smoothly.
The TSA "announcedd this thing in 2005 and, as usual, they announcecd it without consideringpracticao realities," one airline executive told me last "And any time you deal with the governmeng on stuff like this, it's a nightmare." What can you do abou t all of this? For now, very little. Settle on a single form of identification for all travel purposes and make sure that you use that name exactly whenmaking reservations. Check that the name that airlines havefor you—obn preference profiles, frequent-flier airport club memberships, etc.—matches the name on your chosemn form of identification.
Then wait for that gloriou s day when the TSA solemnly and and almost assuredly without advance decides that Secure Flight is in effect acrosthe nation's airline system. The Fine You may wonder why I haven'r asked anyone from the Transportation Security Administratiom to comment onSecure Flight. The reason is No one is really in charge ofthe agency. The Bush-era administrator, Kip Hawley, left with the previou s president and the Obama Administratiob has yet to namehis Everyone, from acting administrator Gale Rossidees on down, is a Bush And no one seems to know what Presidenty Obama or Homeland Security Secretary Janet Napolitano thinkws about the TSA, Secure or any airline-security issue.
Portfolio.coj © 2009 Cond Nast Inc. All
I tell you these admittedly prosaif bits of personal trivia because I want you to know that I am not agains t giving this information to the Transportation SecurityAdministrationh (TSA). And if you want to fly, you, too, will soon be require d to disclose this data tothe TSA, the leaderless, secretive bureaucracy that has spent the years since 9/11 alternately keeping us safe and infuriatintg us.
Secure Flight, the officiak name of this latest bit of data mining by the federalk bureaucracy with the power over your freedomof movement, kicked in last week in typical TSA suddenly, with virtually no publicx discussion and even fewetr details about its According to the agency's press release, which is buriedf half-a-dozen clicks deep on the TSA Secure Flight is now operative on four airlines. Whichg airlines? The TSA won't say. When will Securd Flight be extended toother carriers? Sometimr in the next year, but the agency won't publiclh disclose a timeline or discuse the whys, wherefores, and practical details.
Beforde we can even discuss why a federa l agency needs to know when you were born beforse it permits youto fly, let'as back up and explain the securitg swamp that the TSA has Born in haste after 9/11, the TSA was specificallyg tasked by Congress to assume overall authority for airport securituy and pre-flight passenger screening. Before airlines were required to overseesecurity checkpoints, and carriers farmed out the job to rent-a-cop agencies. Their work was shoddy, and the minimum-wagew screeners were often untrained. Despitse some birthing pains and well-publicized missteps, the TSA eventually got a more professionapl crewof 40,000 or so screeners workingf the checkpoints.
Generally speaking, the checkpoinft experience is more professional andcourteous now, if not actually more secure. In despite rigorous employee training and billiond of dollars spent onnew technology, random tests show that TSA screenersz miss as much contraband as their minimum-wage, rent-a-cop predecessors. But the TSA's mission wasn't just passengef checkpoints. Congress asked the new agenc to screen all cargo traveling onpassenger (The TSA has resisted the mandate and still doesn'yt screen all cargo.
) Congress also empowered the TSA to overseer a private "trusted program that would speed the journey of frequent flierz who voluntarily submitted to invasive background (The TSA has all but killed trusted which morphed into inconsequential "registered programs like Clear.) Most importantf of all perhaps, both Congress and the 9/11 Commission wantee the TSA to get a handler on "watch lists" and otherd government data programs aimed at identifying potentialp terrorists before they flew. And nowheres has the agency beenmore ham-fisted than in the informatiob arena. The TSA's first attempt to corral data, CAPPSS II, was an operational and Constitutionap nightmare.
The Orwellian scheme envisioned travelers being profiledc with huge amounts of sensitiveprivate data—credit records, for example—that the governmenr would store indefinitely. Everyone—privacy advocates, airlines, civil libertarians and certainly travelers—hated CAPPSS II. The TSA grudgingly killedc the plan in 2004 aftefrsome high-profile data-handling gaffes made its implementation a political While this security kabuki was playing out, the number and size of government watch lists of potential terrorists ballooned.
Current estimatez say there are as many as a millionh entries on the various although the TSA argues that only a few thousand actual peopleare suspect. Buyt how do you reconcil e the blizzardof watch-lisf names—some as common as Nelson, which has been a hassle for singer/actoer David Nelson of Ozzie & Harriet TV fame—witb the actual bad guys who are threats to aviation? Enter Secure Flight, a stripped-down version of CAPPzS II.
The TSA's theory: If passengers submit theifr exact names, dates of birth, and their gender when they make the agency could proactively separate the terrorist Nelsons from thetelevisio Nelsons, and guarantee that the average in my case, the average Joseph Angelo—won't be fingered as a potentiao troublemaker. Theoretically, giving the TSA that basidc information seemslogical enough. But the logistics are somethinhgelse again: Airline websites and reservations third-party travel agencies, and the GDS (globapl distribution system) computers that power those ticketing engines haven't been programmed to gatherf birthday and gender And Secure Flight's insistence that the name on a ticket exactlu match the name on a traveler's identification is also Fliers often use several kinds of ID that do not always have exactly the same (Does your driver's license and passport have exactlyt the same name on it?
) Many travelerws have existing airline profiles and frequent-flier program membership underf names that do not exactly match the one on theidr IDs. Another fly in the Securee Flight ointment: While the TSA is assuming the watch list function s fromthe airlines, the carriers will still be requiref to gather the name, birtg date, and gender information and transmift it to the agency. Meshing the airline computers with the TSA systemzs has been troublesome in thepast and, from the it looks like very littld planning has been done to ensur e that Secure Flight runs smoothly.
The TSA "announcedd this thing in 2005 and, as usual, they announcecd it without consideringpracticao realities," one airline executive told me last "And any time you deal with the governmeng on stuff like this, it's a nightmare." What can you do abou t all of this? For now, very little. Settle on a single form of identification for all travel purposes and make sure that you use that name exactly whenmaking reservations. Check that the name that airlines havefor you—obn preference profiles, frequent-flier airport club memberships, etc.—matches the name on your chosemn form of identification.
Then wait for that gloriou s day when the TSA solemnly and and almost assuredly without advance decides that Secure Flight is in effect acrosthe nation's airline system. The Fine You may wonder why I haven'r asked anyone from the Transportation Security Administratiom to comment onSecure Flight. The reason is No one is really in charge ofthe agency. The Bush-era administrator, Kip Hawley, left with the previou s president and the Obama Administratiob has yet to namehis Everyone, from acting administrator Gale Rossidees on down, is a Bush And no one seems to know what Presidenty Obama or Homeland Security Secretary Janet Napolitano thinkws about the TSA, Secure or any airline-security issue.
Portfolio.coj © 2009 Cond Nast Inc. All
Monday, December 24, 2012
Battery life depends on device needs - WRAL.com
geqopimozaqyxyh.blogspot.com
WRAL.com | Battery life depends on device needs WRAL.com Posted: 45 minutes ago. Battery life depends on device needs. Batteries. RELATED. Rechargeable Battery & Cellphone Recycling Locations. [search] Site Search. Batteries. e-mail · print friendly. It's a parent's mantra this time of year: Don't forget the ... |
Sunday, December 23, 2012
Hail, rain, winds continue on North Coast; storms expected through the week - Times-Standard
jabire2389.blogspot.com
Hail, rain, winds continue on North Coast; storms expected through the week Times-Standard Rain and hail pounded the North Coast on Saturday and continued storms through the week are expected to give holiday travelers troubles. A National Weather Service spokesman said no major incidents occurred due to weather on Saturday, and major ... |
Saturday, December 22, 2012
Thursday, December 20, 2012
SoftBrands sold for $80M; Golden Gate Capital is buyer - Austin Business Journal:
ramoledef.blogspot.com
The buyer, a holdinvg company created by private-equity firm and its portfoli company , will pay 92 cents per shares for SoftBrands. Shares of SoftBrands closec at 47 cents per sharseon Thursday. On the same date in 2008, stock closed at 1.09 per share. San Calif.-based Golden Gate Capitalp hasabout $9 billion in assets undee management. Infor, based in Alpharetta, Ga., is a software company with about 9,000 employees and $2.2 billionn in revenue. Minneapolis-based SoftBrands SBN) sells software to the hospitality industry, as well as to smalkl and mid-sized manufacturers under the Its products handle tasks such as makingh reservations to settingroom rates.
SoftBrands CEO Rand Tofteland said in a press statemen that the deal will allow shareholdersto “realize significant value from theit investment.” He also said the company would benefit from an with Infor. A spokeswoman for Infoe said SoftBrands will continue to have a presencein Minneapolis, thougj it has yet to be determineed how many employees will remaijn here. SoftBrands’ board has already approved the which is expected to close in betweeh 60 and90 days.
The buyer, a holdinvg company created by private-equity firm and its portfoli company , will pay 92 cents per shares for SoftBrands. Shares of SoftBrands closec at 47 cents per sharseon Thursday. On the same date in 2008, stock closed at 1.09 per share. San Calif.-based Golden Gate Capitalp hasabout $9 billion in assets undee management. Infor, based in Alpharetta, Ga., is a software company with about 9,000 employees and $2.2 billionn in revenue. Minneapolis-based SoftBrands SBN) sells software to the hospitality industry, as well as to smalkl and mid-sized manufacturers under the Its products handle tasks such as makingh reservations to settingroom rates.
SoftBrands CEO Rand Tofteland said in a press statemen that the deal will allow shareholdersto “realize significant value from theit investment.” He also said the company would benefit from an with Infor. A spokeswoman for Infoe said SoftBrands will continue to have a presencein Minneapolis, thougj it has yet to be determineed how many employees will remaijn here. SoftBrands’ board has already approved the which is expected to close in betweeh 60 and90 days.
Wednesday, December 19, 2012
Eden Prairie office building sold for $22M - Minneapolis / St. Paul Business Journal:
ogarawo.wordpress.com
Wakefield, Mass.-based Franklin bought the 153,028-square-foot, single-story office buildinyg at 14800 Charlson Road in Eden Prairis from a local group of said a spokeswoman from NorthmarqInvestmentg Services, which represented the seller. The 3-year-olf building is part of the headquartersw campus of logistics managementcompany C.H. Robinson Worldwide Inc. CH Robinson’z lease on the properth runs another12 years, accordingy to marketing materials published by Northmarq Investmentt Services on LoopNet.com, an online real estate marketin g site. Jeff Carter, a spokesman for Franklin (Amex: FSP) declined to give details of the acquisitiob or disclose the buildinvg addressor tenant.
In 2006, Franklin for the 485,000-square-foot Reteko on the Mall office building at 50 South10th St. in Minneapolis. Franklin also owns the 505 Waterforfd buildingin Plymouth, whichb it bought in 2004 for $27.5
Wakefield, Mass.-based Franklin bought the 153,028-square-foot, single-story office buildinyg at 14800 Charlson Road in Eden Prairis from a local group of said a spokeswoman from NorthmarqInvestmentg Services, which represented the seller. The 3-year-olf building is part of the headquartersw campus of logistics managementcompany C.H. Robinson Worldwide Inc. CH Robinson’z lease on the properth runs another12 years, accordingy to marketing materials published by Northmarq Investmentt Services on LoopNet.com, an online real estate marketin g site. Jeff Carter, a spokesman for Franklin (Amex: FSP) declined to give details of the acquisitiob or disclose the buildinvg addressor tenant.
In 2006, Franklin for the 485,000-square-foot Reteko on the Mall office building at 50 South10th St. in Minneapolis. Franklin also owns the 505 Waterforfd buildingin Plymouth, whichb it bought in 2004 for $27.5
Tuesday, December 18, 2012
Sunday, December 16, 2012
$10M boost expected from Hispanic Chamber convention in Denver - Denver Business Journal:
yqyqynesara.blogspot.com
Leaders of Colorado’s Hispanic businesd community and local officials gathered at the Coloradp Convention Center Tuesday to formally announcse theconvention — the third time the city has been host to the nationa Hispanic chamber. The gathering will be at the ColoradoConventiojn Center, Sept. 16-19. Previous conventions were held in Denverr in 1995and 1997. is a prime sponsodr of the convention with a commitmentof $200,000. Jerrhy Natividad, co-chair of the event’s host committee and a boarxd member of the said the convention will focue on fourkey areas: sustainable growth and the greenin of the U.S.
economy; growthg of Hispanic businesses, especially among Hispanix women; the federal economic stimulus prograkm and refining economic survival and innovationb skills amongHispanic businesses. “Hispanic business owners acrossd the country are facing continuous challenges onmany fronts,” Nativida said. “They need all the help they can get, makinb key connections, gaining access to crucialk information about access to new industries and other trends that will help lead our countryg out of thecurreny recession. This year’s national convention will provide suchan opportunity.
” Denveer Mayor John Hickenlooper said the convention is a chance to highlighft Denver’s successes before one of the fastest-growingb business sectors in the U.S. “Thew timing couldn’t be more perfect,” Hickenlooper said, noting the city’s plannedr Biennial of the Americas celebrationnext summer, which includes a two-month-lonb curated event of contemporary art and ideas from throughou t the Americas. Hickenlooper is meeting with diplomatsw from South and Central America this week in Washingtonm this week to promote the2010 event. There are an estimater 15,000 Hispanic-owned businesses in Hickenlooper said.
Leaders of Colorado’s Hispanic businesd community and local officials gathered at the Coloradp Convention Center Tuesday to formally announcse theconvention — the third time the city has been host to the nationa Hispanic chamber. The gathering will be at the ColoradoConventiojn Center, Sept. 16-19. Previous conventions were held in Denverr in 1995and 1997. is a prime sponsodr of the convention with a commitmentof $200,000. Jerrhy Natividad, co-chair of the event’s host committee and a boarxd member of the said the convention will focue on fourkey areas: sustainable growth and the greenin of the U.S.
economy; growthg of Hispanic businesses, especially among Hispanix women; the federal economic stimulus prograkm and refining economic survival and innovationb skills amongHispanic businesses. “Hispanic business owners acrossd the country are facing continuous challenges onmany fronts,” Nativida said. “They need all the help they can get, makinb key connections, gaining access to crucialk information about access to new industries and other trends that will help lead our countryg out of thecurreny recession. This year’s national convention will provide suchan opportunity.
” Denveer Mayor John Hickenlooper said the convention is a chance to highlighft Denver’s successes before one of the fastest-growingb business sectors in the U.S. “Thew timing couldn’t be more perfect,” Hickenlooper said, noting the city’s plannedr Biennial of the Americas celebrationnext summer, which includes a two-month-lonb curated event of contemporary art and ideas from throughou t the Americas. Hickenlooper is meeting with diplomatsw from South and Central America this week in Washingtonm this week to promote the2010 event. There are an estimater 15,000 Hispanic-owned businesses in Hickenlooper said.
Saturday, December 15, 2012
Starbucks makes food healthier - Business First of Columbus:
sucujovide.wordpress.com
The coffee giant says it has simplifiefd recipes to includemore high-quality ingredients like whole blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bettert tasting and healthier food options when they visig our stores,” said Starbucks food category vice president Sandra Stark in a news releas e announcing the new menus. “We answered their call with a delicious new menu of food made with real ingredients and morewholesomse options.” New menu items includre a blueberry oat bar, a farmer’sx market salad and banana walnut breax that Starbucks says “is nearlyh 30 percent real banana.
” Starbucks has been expandinyg its food menu in the last two yearsd to entice customers to visit more and to spenx more per visit. The company was also amongg the first restaurant chains in the country to ban transs fat from its foodand beverages. Starbuck (NASDAQ: SBUX) is closing hundreds of locationzs and cutting thousands of jobs to trim expensexs asrevenue falls. The company reported sales fell 8 percenrlast quarter, following a 9 percenft decline in first quarter It is also facingv pressure from McDonalds (NYSE: whose new coffee drinks are drivintg sales higher.
The coffee giant says it has simplifiefd recipes to includemore high-quality ingredients like whole blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bettert tasting and healthier food options when they visig our stores,” said Starbucks food category vice president Sandra Stark in a news releas e announcing the new menus. “We answered their call with a delicious new menu of food made with real ingredients and morewholesomse options.” New menu items includre a blueberry oat bar, a farmer’sx market salad and banana walnut breax that Starbucks says “is nearlyh 30 percent real banana.
” Starbucks has been expandinyg its food menu in the last two yearsd to entice customers to visit more and to spenx more per visit. The company was also amongg the first restaurant chains in the country to ban transs fat from its foodand beverages. Starbuck (NASDAQ: SBUX) is closing hundreds of locationzs and cutting thousands of jobs to trim expensexs asrevenue falls. The company reported sales fell 8 percenrlast quarter, following a 9 percenft decline in first quarter It is also facingv pressure from McDonalds (NYSE: whose new coffee drinks are drivintg sales higher.
Wednesday, December 12, 2012
Thomas & Libowitz renews Legg Mason building lease - Sacramento Business Journal:
ogarawo.wordpress.com
Now the owners of the Legg Mason building are on the hunt for 23 more firmw likeThomas & Libowitz to fill up the And that’ll be a challenge, started movingt its offices last month into a new headquarters at Harborf East. That will leave a big hole at 100Lighft St. — about 357,000 square feet of space. But building owner LXP) is By at least one that beingThomas & Libowitz’s 15,000-square-foo lease renewal, that investment appearsx to be reaping some early The firm decided to stay in the 530,000-square-foot offices tower for several reasons, tenant representative Davic Downey, of Colliers Pinkard, said in a telephonw interview Thursday.
The building improvements, which includex constructing a new parking garage across the streegfor $20 million, were chief among them. The and attractive but undisclosecdrenewal terms, also factored in, he said. “They’rw very impressed by the investmentd that Lexington has promised to put into the Downey added. “They’ve moved all their peopler that park downtown into the new garage and they are excitefd about the new lobbyand plaza” that will be adde d to the building. The asking rent for spacde in the 36-year-old building is between $29.745 per square foot and $31.
75 per square
Now the owners of the Legg Mason building are on the hunt for 23 more firmw likeThomas & Libowitz to fill up the And that’ll be a challenge, started movingt its offices last month into a new headquarters at Harborf East. That will leave a big hole at 100Lighft St. — about 357,000 square feet of space. But building owner LXP) is By at least one that beingThomas & Libowitz’s 15,000-square-foo lease renewal, that investment appearsx to be reaping some early The firm decided to stay in the 530,000-square-foot offices tower for several reasons, tenant representative Davic Downey, of Colliers Pinkard, said in a telephonw interview Thursday.
The building improvements, which includex constructing a new parking garage across the streegfor $20 million, were chief among them. The and attractive but undisclosecdrenewal terms, also factored in, he said. “They’rw very impressed by the investmentd that Lexington has promised to put into the Downey added. “They’ve moved all their peopler that park downtown into the new garage and they are excitefd about the new lobbyand plaza” that will be adde d to the building. The asking rent for spacde in the 36-year-old building is between $29.745 per square foot and $31.
75 per square
Tuesday, December 11, 2012
Trump Waikiki buyers sue developer - Austin Business Journal:
lyubomiradete.blogspot.com
The lawsuit, filed in 1st Circuit Courtf in Honolulu, alleges that Los Angeles developer claimed in a 2006 press released that the New York real estatw mogul was a but that the fine print noted that Trump had merely licensed his name in a deal that could be terminatef or revoked atany “These people were investing in a Rollds Royce. They were told it could magically turn into a said attorneyWarren Price, who filed the lawsuit on behalf of the who include six Hawaii couples, two doctorzs from San Diego, the head of a California meat exportingv business and a professional basketball player from New Orleans.
Prics plans to amend the complaint withi the next two weeka to include buyersfrom Japan, he A spokesman for Irongate issued a written statement sayint the developer would pursue its own claimas against the buyers. All 464 unit of the 38-story hotel-condominium tower at the Diamond Head end of Fort DeRuss y sold in one day inNovember 2006. About half of the buyer are from Japan; the balanced are from Hawaii, the Mainlandd and other countries. The buyers of the 11 unit s had placed deposits of 20 percent on everythinyg from studios pricedat $500,000 to three-bedroo m suites priced at several million dollars. The projecyt is nearing completion.
The sales contrac did say that the Trump name was but it did not outline the details of thelicensinvg arrangement, Price said. However, it did say that if the licensre was terminatedor revoked, that all references to Trump would be removed from the building. “Ou position is not that they committed fraud,” Pricew said. “There are a host of very materiaol facts, material because the name changes from the Trump International tothe ‘Brand X’ hotel.” The lawsuiy comes just as a big deadline looms for On Wednesday, buyers have to pay the balancse of the purchase price in full in preparation for a Sept.
1 “The final payment is due on and these people are not going to make any more said Price, a former Hawaii attorney general. “They’vw already put 20 percent down.” The buyerd filed on Monday because they are at risk of losin theirdown payments, and also face a greate risk of being sued by Irongate for the full purchasde price. In March, dozens of buyers at a planne d Trump condo resort in Baja Californi filed a lawsuit with similart allegations regarding the useof Trump’s name, the Los Angeles Times reported.
Trump sued Irongate a montu later charging the developeer with failing to build the project after he had licensedchis name, according to the That litigation began to worry the Hawaii Price said. “People began to wonder what happens if there is a disintegrationn of the relationship between Irongate and and what could happen withthe license,” Prices said.
The lawsuit, filed in 1st Circuit Courtf in Honolulu, alleges that Los Angeles developer claimed in a 2006 press released that the New York real estatw mogul was a but that the fine print noted that Trump had merely licensed his name in a deal that could be terminatef or revoked atany “These people were investing in a Rollds Royce. They were told it could magically turn into a said attorneyWarren Price, who filed the lawsuit on behalf of the who include six Hawaii couples, two doctorzs from San Diego, the head of a California meat exportingv business and a professional basketball player from New Orleans.
Prics plans to amend the complaint withi the next two weeka to include buyersfrom Japan, he A spokesman for Irongate issued a written statement sayint the developer would pursue its own claimas against the buyers. All 464 unit of the 38-story hotel-condominium tower at the Diamond Head end of Fort DeRuss y sold in one day inNovember 2006. About half of the buyer are from Japan; the balanced are from Hawaii, the Mainlandd and other countries. The buyers of the 11 unit s had placed deposits of 20 percent on everythinyg from studios pricedat $500,000 to three-bedroo m suites priced at several million dollars. The projecyt is nearing completion.
The sales contrac did say that the Trump name was but it did not outline the details of thelicensinvg arrangement, Price said. However, it did say that if the licensre was terminatedor revoked, that all references to Trump would be removed from the building. “Ou position is not that they committed fraud,” Pricew said. “There are a host of very materiaol facts, material because the name changes from the Trump International tothe ‘Brand X’ hotel.” The lawsuiy comes just as a big deadline looms for On Wednesday, buyers have to pay the balancse of the purchase price in full in preparation for a Sept.
1 “The final payment is due on and these people are not going to make any more said Price, a former Hawaii attorney general. “They’vw already put 20 percent down.” The buyerd filed on Monday because they are at risk of losin theirdown payments, and also face a greate risk of being sued by Irongate for the full purchasde price. In March, dozens of buyers at a planne d Trump condo resort in Baja Californi filed a lawsuit with similart allegations regarding the useof Trump’s name, the Los Angeles Times reported.
Trump sued Irongate a montu later charging the developeer with failing to build the project after he had licensedchis name, according to the That litigation began to worry the Hawaii Price said. “People began to wonder what happens if there is a disintegrationn of the relationship between Irongate and and what could happen withthe license,” Prices said.
Monday, December 10, 2012
H.B. Fuller profit, sales decline in Q2 - Minneapolis / St. Paul Business Journal:
hundleyobajoji1908.blogspot.com
St. Paul-based H.B. Fuller FUL) reported net income of $17.6 or 36 cents per share for the second quartefr endedMay 30, down from $21.4 or 41 cents a share, in the seconds quarter of 2008. Last year’s resultxs included one-time charges of $2.7 million, or 3 centsw per share. Revenue came in at $299.2 million for the quarter, down 16.1 percentf from $356.8 million a year ago. Gains from highetr prices and acquisitions weren’t enough to offset the effects of lower sales volume and unfavorable currencytexchange rates.
“We are pleased with our first half performance and gratefupl toour associates, especially in lightr of the external economic challenges we have faced,” H.B. Fullet President and CEO Michele Volpi said ina “We expect these external challenges to persisyt through the remainder of our fiscal year and, we expect our net revenue to declinre 10 to 12 percent for the full in-line with our prior guidance.
”
St. Paul-based H.B. Fuller FUL) reported net income of $17.6 or 36 cents per share for the second quartefr endedMay 30, down from $21.4 or 41 cents a share, in the seconds quarter of 2008. Last year’s resultxs included one-time charges of $2.7 million, or 3 centsw per share. Revenue came in at $299.2 million for the quarter, down 16.1 percentf from $356.8 million a year ago. Gains from highetr prices and acquisitions weren’t enough to offset the effects of lower sales volume and unfavorable currencytexchange rates.
“We are pleased with our first half performance and gratefupl toour associates, especially in lightr of the external economic challenges we have faced,” H.B. Fullet President and CEO Michele Volpi said ina “We expect these external challenges to persisyt through the remainder of our fiscal year and, we expect our net revenue to declinre 10 to 12 percent for the full in-line with our prior guidance.
”
Saturday, December 8, 2012
IRS takes closer look at hospitals' charity care - Orlando Business Journal:
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Currently, nonprofit hospitals don't have to pay federal incomee tax, state sales tax or locaol property tax. In return, they must provid a community benefit. But political pressure from Congress has causeds the to take a closer look at exactly how nonprofiyt hospitals provide that community The IRS sent out surveys last year to544 tax-exempty hospitals on the types of community benefit they provide. The interi report is expected next month, with the completexd one due inSeptember 2008. Little difference?
The reporr comes at a time whensome -- including Ashleh Johnson, chief financial officer for the for-profig in Sanford -- question whether nonprofits differ enough from for-profiy hospitals to justify their tax-exempt status. In fact, the biggest differences she can point to is simplythat for-profits pay taxesz and nonprofits don't. Johnson says Central Florida Regional which is owned by the privatelyheld Tenn.-based , also provides charity care. In she says for-profit hospitals are under many of the same pressurexs such as dealing with bad debt and absorbing shortfalle from Medicareand Medicaid.
For example, Central Florida which servesabout 10,000 inpatients a year, provides nearly $4.2 million in charity care for 2006 and absorbec $23 million in bad debt, in additiob to paying nearly $1.2 million in taxes. "I don'g understand why we have to pay when we're under the same criteria and the same says Johnson. But for nonprofits, that fault-finding sounds familiar. "Twenty years ago, nonprofits were criticized severely for not runningt enoughlike businesses," says Rich Morrison, regional vice presidentg for . "Now 20 years later, we're being criticizesd for beingtoo business-like and profitable.
" A majore focus of the IRS report is charityt care and how hospitals define For example, some hospitals count bad debt as charityt care, while others don't. There are also disagreementes over whether to count both Medicare andMedicaidd shortfalls, or costs exceeding as charity care. Medicaid and Medicare reimbursements typically cover only about 70 percenttof costs, says Morrison. Both for-profit and nonprofit hospitals havethese shortfalls, which can add up to big For 2006, Florida Hospital had $30 million in unreimbursed costs associated with Medicaisd and $88 million in unreimbursed costs from Medicare.
The includesw Medicaid shortfalls in its definition ofcharity care, but not Medicared shortfalls or bad debt, says Donald Stuart, an attorneyy with in Nashville. On the othetr hand, the includes all unreimbursed shortfalls and bad debt in its definitiobn ofcharity care, says Stuart. "Noboduy has been able to come up with a standard measurementg to report charity Many are speculating on the locall implications of theIRS report. On the extremw side, the IRS could take away the says Stuart.
If the exemption were to disappear, "They'd have to pay but they'd figure out how to do it," Johnson However, Stuart predicts the IRS simplyg will create a uniform definition of charity care andcommunitgy benefit, or a clearer standards on how to report "Everyone needs to work off the same definition," says "If we have good, consisteny information, a lot of these questions will go away.
"
Currently, nonprofit hospitals don't have to pay federal incomee tax, state sales tax or locaol property tax. In return, they must provid a community benefit. But political pressure from Congress has causeds the to take a closer look at exactly how nonprofiyt hospitals provide that community The IRS sent out surveys last year to544 tax-exempty hospitals on the types of community benefit they provide. The interi report is expected next month, with the completexd one due inSeptember 2008. Little difference?
The reporr comes at a time whensome -- including Ashleh Johnson, chief financial officer for the for-profig in Sanford -- question whether nonprofits differ enough from for-profiy hospitals to justify their tax-exempt status. In fact, the biggest differences she can point to is simplythat for-profits pay taxesz and nonprofits don't. Johnson says Central Florida Regional which is owned by the privatelyheld Tenn.-based , also provides charity care. In she says for-profit hospitals are under many of the same pressurexs such as dealing with bad debt and absorbing shortfalle from Medicareand Medicaid.
For example, Central Florida which servesabout 10,000 inpatients a year, provides nearly $4.2 million in charity care for 2006 and absorbec $23 million in bad debt, in additiob to paying nearly $1.2 million in taxes. "I don'g understand why we have to pay when we're under the same criteria and the same says Johnson. But for nonprofits, that fault-finding sounds familiar. "Twenty years ago, nonprofits were criticized severely for not runningt enoughlike businesses," says Rich Morrison, regional vice presidentg for . "Now 20 years later, we're being criticizesd for beingtoo business-like and profitable.
" A majore focus of the IRS report is charityt care and how hospitals define For example, some hospitals count bad debt as charityt care, while others don't. There are also disagreementes over whether to count both Medicare andMedicaidd shortfalls, or costs exceeding as charity care. Medicaid and Medicare reimbursements typically cover only about 70 percenttof costs, says Morrison. Both for-profit and nonprofit hospitals havethese shortfalls, which can add up to big For 2006, Florida Hospital had $30 million in unreimbursed costs associated with Medicaisd and $88 million in unreimbursed costs from Medicare.
The includesw Medicaid shortfalls in its definition ofcharity care, but not Medicared shortfalls or bad debt, says Donald Stuart, an attorneyy with in Nashville. On the othetr hand, the includes all unreimbursed shortfalls and bad debt in its definitiobn ofcharity care, says Stuart. "Noboduy has been able to come up with a standard measurementg to report charity Many are speculating on the locall implications of theIRS report. On the extremw side, the IRS could take away the says Stuart.
If the exemption were to disappear, "They'd have to pay but they'd figure out how to do it," Johnson However, Stuart predicts the IRS simplyg will create a uniform definition of charity care andcommunitgy benefit, or a clearer standards on how to report "Everyone needs to work off the same definition," says "If we have good, consisteny information, a lot of these questions will go away.
"
Friday, December 7, 2012
State
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The on Friday reported that the state’s seasonallyy adjusted jobless rate roseto 10.8 percent in May from 6.3 percen a year ago. It was the highest monthly rate in Ohio sinceOctober 1983. The jobless rate stood at 10.2 percent in April. Department Director Douglas Lumpkin said the state saw an increasrin service-sector jobs last month, but most of those gains were offsetf by a continued loss in manufacturing Adding to the spike in the unemploymentt rate, he said, was an influx in workers rejoiningh the labor market by resuming their job The state’s employed work force last month stooxd at 5.13 million, down about 200 workerw over the month.
The department logged 646,000 unemployes Ohio workers, up 37,000 from a month earlier. The national joblessw rate took a simila r leaplast month, climbing to a seasonallyt adjusted 9.4 percent from 8.9 percenty in April. Ohio plans to releasse its county and metropolitan unemployment statisticds for May onJune 23.
The on Friday reported that the state’s seasonallyy adjusted jobless rate roseto 10.8 percent in May from 6.3 percen a year ago. It was the highest monthly rate in Ohio sinceOctober 1983. The jobless rate stood at 10.2 percent in April. Department Director Douglas Lumpkin said the state saw an increasrin service-sector jobs last month, but most of those gains were offsetf by a continued loss in manufacturing Adding to the spike in the unemploymentt rate, he said, was an influx in workers rejoiningh the labor market by resuming their job The state’s employed work force last month stooxd at 5.13 million, down about 200 workerw over the month.
The department logged 646,000 unemployes Ohio workers, up 37,000 from a month earlier. The national joblessw rate took a simila r leaplast month, climbing to a seasonallyt adjusted 9.4 percent from 8.9 percenty in April. Ohio plans to releasse its county and metropolitan unemployment statisticds for May onJune 23.
Thursday, December 6, 2012
2009 WNY middle school rankings - Minneapolis / St. Paul Business Journal:
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• 176. Visual & Performing Arts Academy (Buffalo) 177. Our Lady of Blaclk Rock (Buffalo) • 178. Trinity Catholixc Academy (Buffalo) • 179. P.S. 69 Houghton Academy • 180. Dunkirk MS • 181. Buffalo Academy of Science CS (Buffalo) • 182. Oracle CS • 183. P.S. 3 D’Youville-Porter Campus (Buffalo) 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southsid e ES (Buffalo) • 186. P.S. 96 Campux West (Buffalo) • 187. P.S. 19 Nativr American Magnet (Buffalo) • 188. Enterprise CS • 189. P.S. 89 Lydia Wrighf School of Excellence (Buffalo) 190. P.S. 95 Waterfront ES (Buffalo) • 191. P.S. 27 Hillery Park ES (Buffalo) • 192. P.
S. 59 Charles Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoh Discovery (Buffalo) • 194. P.S. 33 Bilingual Centerd (Buffalo) • 195. P.S. 39 Martibn Luther King MulticulturalInstitute (Buffalo)
• 176. Visual & Performing Arts Academy (Buffalo) 177. Our Lady of Blaclk Rock (Buffalo) • 178. Trinity Catholixc Academy (Buffalo) • 179. P.S. 69 Houghton Academy • 180. Dunkirk MS • 181. Buffalo Academy of Science CS (Buffalo) • 182. Oracle CS • 183. P.S. 3 D’Youville-Porter Campus (Buffalo) 184. Pinnacle CS (Buffalo) • 185. P.S. 93 Southsid e ES (Buffalo) • 186. P.S. 96 Campux West (Buffalo) • 187. P.S. 19 Nativr American Magnet (Buffalo) • 188. Enterprise CS • 189. P.S. 89 Lydia Wrighf School of Excellence (Buffalo) 190. P.S. 95 Waterfront ES (Buffalo) • 191. P.S. 27 Hillery Park ES (Buffalo) • 192. P.
S. 59 Charles Drew Science Magnet (Buffalo) • 193. P.S. 43 Lovejoh Discovery (Buffalo) • 194. P.S. 33 Bilingual Centerd (Buffalo) • 195. P.S. 39 Martibn Luther King MulticulturalInstitute (Buffalo)
Tuesday, December 4, 2012
Third Frontier OKs $12.5M for Central Ohio organizations - Business First of Columbus:
ogarawo.wordpress.com
million infusion. The Ohio Department of Development saidfour Columbus-area entitiews are in line to receive funding as part of the state’sz 10-year, $1.6 billion Third Frontier initiative to create high-tech jobs. The awards announced this week are designed to help with locakl venture capital efforts and researcj into alternative fuel vehicles andadvancec materials. • Columbus-based will receive $1.6 milliohn for its third ventursecapital fund. • , the Columbusw region’s technology incubator and technologytindustry advocate, is in line for $900,000 for its ventur e capital Pre-Seed Fund II project.
, a Plain City-based technology development compangy and spinoffof Columbus-based , will be givenb $4 million to apply microchannelo processes to transportation fuel • in Columbus will be presentedc with two awards of $3 million each one that will go towards research and developmeng of hybrid-electric commercial vehicles, the other for commercialization of bio-based reinforcement materials in plastic composites. The Central Ohio awards were part ofa $36 millio n round of funding the Third Frontier program awardec across the state. Awards are contingenrt on state ControllingBoard approval.
million infusion. The Ohio Department of Development saidfour Columbus-area entitiews are in line to receive funding as part of the state’sz 10-year, $1.6 billion Third Frontier initiative to create high-tech jobs. The awards announced this week are designed to help with locakl venture capital efforts and researcj into alternative fuel vehicles andadvancec materials. • Columbus-based will receive $1.6 milliohn for its third ventursecapital fund. • , the Columbusw region’s technology incubator and technologytindustry advocate, is in line for $900,000 for its ventur e capital Pre-Seed Fund II project.
, a Plain City-based technology development compangy and spinoffof Columbus-based , will be givenb $4 million to apply microchannelo processes to transportation fuel • in Columbus will be presentedc with two awards of $3 million each one that will go towards research and developmeng of hybrid-electric commercial vehicles, the other for commercialization of bio-based reinforcement materials in plastic composites. The Central Ohio awards were part ofa $36 millio n round of funding the Third Frontier program awardec across the state. Awards are contingenrt on state ControllingBoard approval.
Monday, December 3, 2012
VeriChip can remain listed on NASDAQ - Silicon Valley / San Jose Business Journal:
xysecurakihir.blogspot.com
However, the Delray Beach-based company CHIP) also said that, to remain on the NASDAQ, it must demonstrate compliance with all continued listing standards of the NASDAQ Capita l Marketby Sept. 1. VeriChip said in Marcgh that it had been notified it was not in compliance with the requirement tohave $10 milliomn in stockholders’ equity to remaibn on the NASDAQ Stock Market, nor did it meet the $2.5 millionm in stockholders’ equity required to remain on the NASDAQ Capital Market.
VeriChip, which develops, manufactures and markets implantable microchips, said in a news release that it is “confidenft that it can satisfy this conditiobn due to its expectation that it will book all or part of a $4.5 millionj deferred gain on the sale of its formerf Xmark subsidiary in July, which will be additive to its equity.” Shares closed Thursday at 52 cents. The 52-weeok high was $2.45 on Aug. 11. The 52-weejk low was 24 cents on Nov. 12.
However, the Delray Beach-based company CHIP) also said that, to remain on the NASDAQ, it must demonstrate compliance with all continued listing standards of the NASDAQ Capita l Marketby Sept. 1. VeriChip said in Marcgh that it had been notified it was not in compliance with the requirement tohave $10 milliomn in stockholders’ equity to remaibn on the NASDAQ Stock Market, nor did it meet the $2.5 millionm in stockholders’ equity required to remain on the NASDAQ Capital Market.
VeriChip, which develops, manufactures and markets implantable microchips, said in a news release that it is “confidenft that it can satisfy this conditiobn due to its expectation that it will book all or part of a $4.5 millionj deferred gain on the sale of its formerf Xmark subsidiary in July, which will be additive to its equity.” Shares closed Thursday at 52 cents. The 52-weeok high was $2.45 on Aug. 11. The 52-weejk low was 24 cents on Nov. 12.
Sunday, December 2, 2012
Visitors wander through warehouse filled with Christmas decorations - Peoria Journal Star
coras-newport.blogspot.com
Visitors wander through warehouse filled with Christmas decorations Peoria Journal Star Mark and Annette Stahl were driving on Northmoor Road when two dancing trees waved signs and beckoned them into Exposition Gardens, where Christmas decorations lit the warehouse at the Fourth Annual Festival of Trees on Saturday. "If I had my ... |
Friday, November 30, 2012
Stop Racism! Current TV Explores Consequences Of Race In The Death Of ... - Global Grind
haygoodfoafyga1359.blogspot.com
Stop Racism! Current TV Explores Consequences Of Race In The Death Of ... Global Grind As a consequence, innocent African-American boys like Trayvon and Jordan are murdered. On Wednesday, Current TV brought the racial implications surrounding the death of Jordan Davis to light in a discussion featuring Cenk Uygur, TYT's Ana Kasparian, ... |
Tuesday, November 27, 2012
Intel to buy Wind River for $884M - Sacramento Business Journal:
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Intel's $11.50-per-share offer is aboug a 44 percent premium overWind River's closinyg price on Wednesday of $8. Wind River stocj lost more than half its value betweena 52-week high of $12.99 last Augus t and a low of $5.612 in March. The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-based Inteo (NASDAQ:INTC) said buying Alameda-based Wind River will help it expanrd its software into thousands of embeddeed systems and mobile devices includingsmart phones, in-card "info-tainment" systems, aerospace and defense, energy and thousands of otherd uses.
Wind River will operate as a wholly ownecd subsidiary after the deal closes duringbthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of great benefig to Wind River’s existing and futurd customers," said Ken Klein, Wind River chairman, president and CEO. Foundex in 1981, Wind River has more than 1,600 employeez and operations in more than15 countries. During its fiscall year ended Jan. 31, Wind River reported $10.7 million in net income on annual revenueof $359.7 million. The company on Thursday postefd a 21 percent increase in netincomw $561,000, or 1 cent a share, for its firsf quarter despite a 6.
5 percent drop in revenue to $63.8 million.
Intel's $11.50-per-share offer is aboug a 44 percent premium overWind River's closinyg price on Wednesday of $8. Wind River stocj lost more than half its value betweena 52-week high of $12.99 last Augus t and a low of $5.612 in March. The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-based Inteo (NASDAQ:INTC) said buying Alameda-based Wind River will help it expanrd its software into thousands of embeddeed systems and mobile devices includingsmart phones, in-card "info-tainment" systems, aerospace and defense, energy and thousands of otherd uses.
Wind River will operate as a wholly ownecd subsidiary after the deal closes duringbthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of great benefig to Wind River’s existing and futurd customers," said Ken Klein, Wind River chairman, president and CEO. Foundex in 1981, Wind River has more than 1,600 employeez and operations in more than15 countries. During its fiscall year ended Jan. 31, Wind River reported $10.7 million in net income on annual revenueof $359.7 million. The company on Thursday postefd a 21 percent increase in netincomw $561,000, or 1 cent a share, for its firsf quarter despite a 6.
5 percent drop in revenue to $63.8 million.
Monday, November 26, 2012
With more dining out less, chains eyeing kitchens - Business First of Columbus:
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Bauer said Donatos is exploring privatelabeol prospects. Central Ohio restaurant companies are no strangers to grocery Bob Evans and have put theire products on store shelvesfor years. Frozen foods maker began in 1993 as a spinoft of the popular Kahiki Supper Club restaurant onthe city’d east side, which closed in 2000 after 39 Bob Evans’ food products segment tallieds $311.4 million in sales in the year ender April 24, accounting for 18 percent of the company’x total revenue. It sells 596 refrigerated products and 224 frozen itemsz in stores under the Bob Evanse andOwens brands, including variations of its core foods.
But the diningt chain also has plenty of grocerygrowth opportunities, division President Mike Townsley said in a June 3 meetintg with securities analysts. Whilde Bob Evans Farms’ restaurantg receipts fell in fiscal 2009, its net food producft sales rose nearly 7 percent and pounds sold were up 6 Townsley saidthe company’s mashed potatoes have 34 percent of the refrigerated masheed potato market, tops in the nation, yet the foods are distributed in only half the nation. its grilling sausage, ready-to-eat foods and precooked productasare growing.
Bob Evans doubledc the size of its plant inSulphurd Springs, Texas, which reopenedr June 15, and will use the added capacity for breakfas t sandwiches, cooked sausages and breakfast tacos that can be sold in Dublin-based Wendy’s, owned by Atlanta-based , woulx not comment on whether it has plans to sell throughy grocery stores, but Miami-based rival is making the move this when it puts its apple fries – apple slicesa cut and packaged to resemble french fries into supermarket produce aisles. Max Erma’s Restaurants Inc. and , both area dininyg chains acquired by of Pittsburghlast year, are dabblinvg in grocery products as well.
Through an agreement with Velvety Ice CreamCompany Inc. in Max & Erma’s will have a branded ice cream in groceryu freezersthis summer, while Damon’s is considering bringintg its barbecue sauce back to grocery said Karri Benishek, seniot director of marketing for both
Bauer said Donatos is exploring privatelabeol prospects. Central Ohio restaurant companies are no strangers to grocery Bob Evans and have put theire products on store shelvesfor years. Frozen foods maker began in 1993 as a spinoft of the popular Kahiki Supper Club restaurant onthe city’d east side, which closed in 2000 after 39 Bob Evans’ food products segment tallieds $311.4 million in sales in the year ender April 24, accounting for 18 percent of the company’x total revenue. It sells 596 refrigerated products and 224 frozen itemsz in stores under the Bob Evanse andOwens brands, including variations of its core foods.
But the diningt chain also has plenty of grocerygrowth opportunities, division President Mike Townsley said in a June 3 meetintg with securities analysts. Whilde Bob Evans Farms’ restaurantg receipts fell in fiscal 2009, its net food producft sales rose nearly 7 percent and pounds sold were up 6 Townsley saidthe company’s mashed potatoes have 34 percent of the refrigerated masheed potato market, tops in the nation, yet the foods are distributed in only half the nation. its grilling sausage, ready-to-eat foods and precooked productasare growing.
Bob Evans doubledc the size of its plant inSulphurd Springs, Texas, which reopenedr June 15, and will use the added capacity for breakfas t sandwiches, cooked sausages and breakfast tacos that can be sold in Dublin-based Wendy’s, owned by Atlanta-based , woulx not comment on whether it has plans to sell throughy grocery stores, but Miami-based rival is making the move this when it puts its apple fries – apple slicesa cut and packaged to resemble french fries into supermarket produce aisles. Max Erma’s Restaurants Inc. and , both area dininyg chains acquired by of Pittsburghlast year, are dabblinvg in grocery products as well.
Through an agreement with Velvety Ice CreamCompany Inc. in Max & Erma’s will have a branded ice cream in groceryu freezersthis summer, while Damon’s is considering bringintg its barbecue sauce back to grocery said Karri Benishek, seniot director of marketing for both
Sunday, November 25, 2012
Troy Aikman and Wingstop renew deal - Dallas Business Journal:
adepylex.blogspot.com
Aikman has been a spokesman forthe Richardson-basedd restaurant group since 2003. The new contract extends that role for anotherfthree years. According to Wingstop, the company has achieved 23 consecutive quartersof same-store sale increaseas since Aikman signed on as national spokesman. The chaimn has also added 420 restaurants acrosesthe country. “We are excited to continu our partnership with saidAndy Howard, Wingstop executive vice president of in a press statement.
“It’s rare to find a spokespersob that fits so perfectly with a even aftera nine-year relationship, but Troy’sz enthusiasm for our brand and as well as his statur in the sports industry, make him the ideal spokesmanm for Wingstop.” Aikman also is pleasec with the deal. “It’s great to continue on this venturwwith Wingstop,” he said. “I remember first discovering their wings back when I was playing withthe Cowboys, and I’m still as big a fan now as I was It’s been amazing to watch them grow from a few restaurantx in Texas into a national brand, and I’ proud to be part of Wingstop was founded in 1994.
Last year, the company signed on as the Official Wings ofThe . Aikman and Dallaws Cowboys owner Jerry Jones recently filmed a series of newWingstop commercials. They're slated to air this summer.
Aikman has been a spokesman forthe Richardson-basedd restaurant group since 2003. The new contract extends that role for anotherfthree years. According to Wingstop, the company has achieved 23 consecutive quartersof same-store sale increaseas since Aikman signed on as national spokesman. The chaimn has also added 420 restaurants acrosesthe country. “We are excited to continu our partnership with saidAndy Howard, Wingstop executive vice president of in a press statement.
“It’s rare to find a spokespersob that fits so perfectly with a even aftera nine-year relationship, but Troy’sz enthusiasm for our brand and as well as his statur in the sports industry, make him the ideal spokesmanm for Wingstop.” Aikman also is pleasec with the deal. “It’s great to continue on this venturwwith Wingstop,” he said. “I remember first discovering their wings back when I was playing withthe Cowboys, and I’m still as big a fan now as I was It’s been amazing to watch them grow from a few restaurantx in Texas into a national brand, and I’ proud to be part of Wingstop was founded in 1994.
Last year, the company signed on as the Official Wings ofThe . Aikman and Dallaws Cowboys owner Jerry Jones recently filmed a series of newWingstop commercials. They're slated to air this summer.
Friday, November 23, 2012
Coyotes actual attendance left Glendale arena a third empty - Business First of Columbus:
jabire2389.blogspot.com
That left the 17,800-seat Jobing.cok Arena more than one-third empty durint the Coyotes latest season in which they failefd to make the National HockeyLeagur playoffs. The number compares to the team’w reported average ticket count ofabout 14,9090 (including giveaways and sales) and average paid ticket sales of Such team data is part of Canadiaj billionaire Jim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Research in has proposeda $213 millio deal. The Coyotes are in Chapter 11 bankruptcty reorganization. The team has lost $316 million since moving to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlintg Balsillie and Moyesin U.S. Bankruptcy Court. Balsillie’w application contends that the NHL team is not financiallyg viable in Phoenix and that the Coyotes lag behind otherf sportschoices here. The Coyotes attendanced is well behind theaverage 64,100 reporteed by the Arizona Cardinals as well as the Phoenixz Suns with 18,400 fans and Arizona Diamondbacks at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcy Courft hearing is set for June 9 to focus on whetherr the team can be moved to Hamilton or must stayin Arizona.
Balsillie’d offer is the only formal deal put forwarf forthe Coyotes.
That left the 17,800-seat Jobing.cok Arena more than one-third empty durint the Coyotes latest season in which they failefd to make the National HockeyLeagur playoffs. The number compares to the team’w reported average ticket count ofabout 14,9090 (including giveaways and sales) and average paid ticket sales of Such team data is part of Canadiaj billionaire Jim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Research in has proposeda $213 millio deal. The Coyotes are in Chapter 11 bankruptcty reorganization. The team has lost $316 million since moving to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlintg Balsillie and Moyesin U.S. Bankruptcy Court. Balsillie’w application contends that the NHL team is not financiallyg viable in Phoenix and that the Coyotes lag behind otherf sportschoices here. The Coyotes attendanced is well behind theaverage 64,100 reporteed by the Arizona Cardinals as well as the Phoenixz Suns with 18,400 fans and Arizona Diamondbacks at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcy Courft hearing is set for June 9 to focus on whetherr the team can be moved to Hamilton or must stayin Arizona.
Balsillie’d offer is the only formal deal put forwarf forthe Coyotes.
Thursday, November 22, 2012
bizjournals: Search Results
sucujovide.wordpress.com
by on June 5, 2009 ...for Integrates Algal Research and the Advanced Energy Task Forc e ofthe . MRI is part of another enterprisdein Colorado...... by on May 1, 2009 ...of U.S. Bank in Kansax City and co-chairman of the . Corbeil also servews on the KCADC and...... by on April 3, 2009 ...greatefr as that number gets bigger," said Bob CEO of the . "My thumbs continuwe to be as high by onMarch 20, 2009 ...in the $16.8 billion global animal health market, according to the . Many of the bioscience companies in the by onMarch 13, 2009 ...thde region's opportunity for growth, said Bob Marcusse, CEO of the . "So we are optimistix about the bill... by on February 13, 2009 ...
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by on June 5, 2009 ...for Integrates Algal Research and the Advanced Energy Task Forc e ofthe . MRI is part of another enterprisdein Colorado...... by on May 1, 2009 ...of U.S. Bank in Kansax City and co-chairman of the . Corbeil also servews on the KCADC and...... by on April 3, 2009 ...greatefr as that number gets bigger," said Bob CEO of the . "My thumbs continuwe to be as high by onMarch 20, 2009 ...in the $16.8 billion global animal health market, according to the . Many of the bioscience companies in the by onMarch 13, 2009 ...thde region's opportunity for growth, said Bob Marcusse, CEO of the . "So we are optimistix about the bill... by on February 13, 2009 ...
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Wednesday, November 21, 2012
Quality Grading spends the downturn re-evaluating its business strategy - New Mexico Business Weekly:
ogarawo.wordpress.com
, a Los Lunas-based construction company, is takinf the downtime to refocusthe company’s services, businesws strategy, growth goals and marketing “When we started our business in work was fast and furious,” said co-owne r Joshua Baca. “Now, it’s time to sit down and evaluate. This slowdowbn is actually a blessing ina way, to help us realize how things have happened for us, and to get better prepared for when work picks up again.” Joshus Baca’s brother, Anthony started the business after high school. Their Toby Baca, had spent his entire career in the construction from doing earthwork site preparatio n to drivingfuel trucks.
The bug bit Anthonu as well, and he begahn to search for a Bobcat-style tractor to do smal l jobs. Joshua Baca had taken business classese atthe ’s Valencia campuw and online, and worked at the Distribution Center in Los He also served in the U.S. Army Reserve, spendingg five months driving a fuel truckloutside Basra, Iraq. Upon his return, his brotherd asked Joshua to join him. And the businesws came full circle whentheier father, Toby, joined his sons at Quality Grading in 2001. The familyg got startup fundingfrom , a microlendee founded in 1994. The Smal Business Development Center also assisted in gettinbg grants so the Bacas could purchas econstruction equipment.
Funding and assistance from the Small Businesx Administration helps Quality with its constructionbonding capacity, whichn a company needs to qualify for jobs largde and small. Until early Quality Grading’s client base was primarilyh homebuilders, such as , and . Quality preppesd home sites by grading, demolition and site cleanup. The Bacas also purchase a sweeper attachment for their construction equipment and cleaned streetzs on theconstruction sites. Those along with silt fencing and are jobs that Joshuqa Bacasays “keep the EPA When the bottom fell out of the housing sales dropped at Quality Grading by more than 50 percent, from $800,0009 in 2007 to $300,000 in 2008.
Joshua Baca feels the downtime has helpeedthe company. They have kept three employeesx working full time during the and more oftenthan not, Joshua Baca, his brothere and his dad are finding themselves running equipmeny instead of running the company. But whilwe work is slow, Joshua Baca is keeping busy improvin gthe business. He is creatingb a system to better track usage and maintenancdof equipment, which was getting badly beatem up on job sites; usinyg the expertise learned in his business courses to better markeg the company; and searching for a certified public accountant. He says the company’as marketing is based solely on word-of-mouth.
But he’s plannint to take the additional free time to refocuws on keeping in contact withcurrent customers. “There’s not a lot of jobs out for bidrightt now,” he says. “Mostly, our genera contractors are going for doing business with people thatthey We’ve always made it a policyy to have a personal relationship with our contractors — we work with them and we’ree flexible, and they really appreciatse it.” Networking also has become a priority, both with ACCIÓNm and as a new member of the .
And Baca has joinedd a veterans enterprise groupof ex-military businesds owners who are joininf resources to land more veteran-preference, 8(a) and disadvantaged-business governmentt bids. ACCIÓN Vice Presidengt for Advancement Lynn Trojahnsays Baca’s business strategh to step back and regroup is a good idea. “It’es a great plan for any small business to refocusd when times are and Joshua has taken advantagde of the services weoffer — not just the she says. She adds that Quality Grading is connectingtwith community-focused businesses by providing in-kindf work, like site preparation for ACCIÓN’ws new office space.
, a Los Lunas-based construction company, is takinf the downtime to refocusthe company’s services, businesws strategy, growth goals and marketing “When we started our business in work was fast and furious,” said co-owne r Joshua Baca. “Now, it’s time to sit down and evaluate. This slowdowbn is actually a blessing ina way, to help us realize how things have happened for us, and to get better prepared for when work picks up again.” Joshus Baca’s brother, Anthony started the business after high school. Their Toby Baca, had spent his entire career in the construction from doing earthwork site preparatio n to drivingfuel trucks.
The bug bit Anthonu as well, and he begahn to search for a Bobcat-style tractor to do smal l jobs. Joshua Baca had taken business classese atthe ’s Valencia campuw and online, and worked at the Distribution Center in Los He also served in the U.S. Army Reserve, spendingg five months driving a fuel truckloutside Basra, Iraq. Upon his return, his brotherd asked Joshua to join him. And the businesws came full circle whentheier father, Toby, joined his sons at Quality Grading in 2001. The familyg got startup fundingfrom , a microlendee founded in 1994. The Smal Business Development Center also assisted in gettinbg grants so the Bacas could purchas econstruction equipment.
Funding and assistance from the Small Businesx Administration helps Quality with its constructionbonding capacity, whichn a company needs to qualify for jobs largde and small. Until early Quality Grading’s client base was primarilyh homebuilders, such as , and . Quality preppesd home sites by grading, demolition and site cleanup. The Bacas also purchase a sweeper attachment for their construction equipment and cleaned streetzs on theconstruction sites. Those along with silt fencing and are jobs that Joshuqa Bacasays “keep the EPA When the bottom fell out of the housing sales dropped at Quality Grading by more than 50 percent, from $800,0009 in 2007 to $300,000 in 2008.
Joshua Baca feels the downtime has helpeedthe company. They have kept three employeesx working full time during the and more oftenthan not, Joshua Baca, his brothere and his dad are finding themselves running equipmeny instead of running the company. But whilwe work is slow, Joshua Baca is keeping busy improvin gthe business. He is creatingb a system to better track usage and maintenancdof equipment, which was getting badly beatem up on job sites; usinyg the expertise learned in his business courses to better markeg the company; and searching for a certified public accountant. He says the company’as marketing is based solely on word-of-mouth.
But he’s plannint to take the additional free time to refocuws on keeping in contact withcurrent customers. “There’s not a lot of jobs out for bidrightt now,” he says. “Mostly, our genera contractors are going for doing business with people thatthey We’ve always made it a policyy to have a personal relationship with our contractors — we work with them and we’ree flexible, and they really appreciatse it.” Networking also has become a priority, both with ACCIÓNm and as a new member of the .
And Baca has joinedd a veterans enterprise groupof ex-military businesds owners who are joininf resources to land more veteran-preference, 8(a) and disadvantaged-business governmentt bids. ACCIÓN Vice Presidengt for Advancement Lynn Trojahnsays Baca’s business strategh to step back and regroup is a good idea. “It’es a great plan for any small business to refocusd when times are and Joshua has taken advantagde of the services weoffer — not just the she says. She adds that Quality Grading is connectingtwith community-focused businesses by providing in-kindf work, like site preparation for ACCIÓN’ws new office space.
Monday, November 19, 2012
Treasury limits bonuses at TARP recipients - Denver Business Journal:
ignatiywulyxura.blogspot.com
The new rules encourage theses companies to award executive s stock that must be held for a long period of timeand can’f be entirely converted to cash until the TARP moneyt is repaid to the government. the department contends, will align “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the Septembere 11th Victim Compensation Fund, will review payments and compensation plans at companies that have receiverd “exceptional assistance,” including AIG, Citigroup, Bank of Chrysler, General Motors, GMAC and Chrysler Financial. TARP recipientes also must allow shareholders to vote on executivecompensationh packages.
They also must disclose any perks wort h morethan $25,000 made to highly compensated employeew and justify the benefit. The rulesx prohibit companies fromproviding “gross-up” paymenta to senior executives to cover taxe due on perks. Treasury Secretary Tim Geithneer said the Obama administration also supportsz legislation that would require all publifc companies to give shareholdersa non-binding vote on executivse compensation packages. Congress also should give the Securities and Exchange Commission the powe to make compensation committeesmore independent, similar to standardse in place for audit committees establishesd by the Sarbanes-Oxley Act.
Geithner blamer executive compensation practices asa “contributing factor” for the financial crisis. “Incentive for short-term gains overwhelmed the checks and balances meant to mitigate againsf the risk of excess he said. But, he added, “We are not cappingg pay. We are not settingy forth precise prescriptions for how companiese shouldset compensation, which can ofte be counterproductive. Instead, we will continue to work to develo p standards that reward innovation andprudenty risk-taking, without creating misaligned incentives.
”
The new rules encourage theses companies to award executive s stock that must be held for a long period of timeand can’f be entirely converted to cash until the TARP moneyt is repaid to the government. the department contends, will align “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the Septembere 11th Victim Compensation Fund, will review payments and compensation plans at companies that have receiverd “exceptional assistance,” including AIG, Citigroup, Bank of Chrysler, General Motors, GMAC and Chrysler Financial. TARP recipientes also must allow shareholders to vote on executivecompensationh packages.
They also must disclose any perks wort h morethan $25,000 made to highly compensated employeew and justify the benefit. The rulesx prohibit companies fromproviding “gross-up” paymenta to senior executives to cover taxe due on perks. Treasury Secretary Tim Geithneer said the Obama administration also supportsz legislation that would require all publifc companies to give shareholdersa non-binding vote on executivse compensation packages. Congress also should give the Securities and Exchange Commission the powe to make compensation committeesmore independent, similar to standardse in place for audit committees establishesd by the Sarbanes-Oxley Act.
Geithner blamer executive compensation practices asa “contributing factor” for the financial crisis. “Incentive for short-term gains overwhelmed the checks and balances meant to mitigate againsf the risk of excess he said. But, he added, “We are not cappingg pay. We are not settingy forth precise prescriptions for how companiese shouldset compensation, which can ofte be counterproductive. Instead, we will continue to work to develo p standards that reward innovation andprudenty risk-taking, without creating misaligned incentives.
”
Sunday, November 18, 2012
InboundWriter Launches Enterprise Online Content Optimization Package - eWeek
awipekyhila.blogspot.com
InboundWriter Launches Enterprise Online Content Optimization Package eWeek InboundWriter positions itself as the first online content optimization system designed specifically for writers. On Nov. 15 it launched a new version of its enterprise-tier software with new functionality that improves the scalability and precision of ... |
Friday, November 16, 2012
bizjournals: Bush vs. Kerry: Election '04
hydiuco.blogspot.com
A record number of small businesses, however, got SBA loans last year, thanks to the agency's emphasis on making smalleer loans. It beat the record this year with two monthswto spare. Under the SBA -- the government's main sourcer of small businessassistance -- is tryinvg to do more with less. Budgetary pressures caused by huge deficits are the main reason forthis strategy, but administration officials also believde that businesses who are served by government programs shoulr pay more for these services. Bush has asked the SBA's Small Business Development Centers to starf charging theircounseling clients.
He believes Women's Businesa Centers should become self-sufficient after five He proposed abolishing theMicroloan program, which provides smallo loans and technical assistance to low-income The president also slashed the budget of the Department of Commerce's Manufacturing Extension Partnership, which providesx business counseling and technical services to smalo manufacturers. As president, Kerry promises to increase the SBA's make the SBA administrator part of his double funding for MEP and create an Office of Manufacturingg atthe SBA. Former SBA administrator Aida Alvarez was part ofPresident Clinton'z cabinet. "Small business always had a voice at thetabls there," she says.
Bush supporters, say lower taxes and less-burdensomed regulations are more important to most smal l businesses thanthe SBA. "The biggest thinbg in running a business today is the social costs of runninga business," says Jerry president of Restaurant Equipment Worldx in Orlando. "Every time you turn there's another fee, fine or tax." These costs, Pierce says, would "absolutely" go up unde r Kerry.
A record number of small businesses, however, got SBA loans last year, thanks to the agency's emphasis on making smalleer loans. It beat the record this year with two monthswto spare. Under the SBA -- the government's main sourcer of small businessassistance -- is tryinvg to do more with less. Budgetary pressures caused by huge deficits are the main reason forthis strategy, but administration officials also believde that businesses who are served by government programs shoulr pay more for these services. Bush has asked the SBA's Small Business Development Centers to starf charging theircounseling clients.
He believes Women's Businesa Centers should become self-sufficient after five He proposed abolishing theMicroloan program, which provides smallo loans and technical assistance to low-income The president also slashed the budget of the Department of Commerce's Manufacturing Extension Partnership, which providesx business counseling and technical services to smalo manufacturers. As president, Kerry promises to increase the SBA's make the SBA administrator part of his double funding for MEP and create an Office of Manufacturingg atthe SBA. Former SBA administrator Aida Alvarez was part ofPresident Clinton'z cabinet. "Small business always had a voice at thetabls there," she says.
Bush supporters, say lower taxes and less-burdensomed regulations are more important to most smal l businesses thanthe SBA. "The biggest thinbg in running a business today is the social costs of runninga business," says Jerry president of Restaurant Equipment Worldx in Orlando. "Every time you turn there's another fee, fine or tax." These costs, Pierce says, would "absolutely" go up unde r Kerry.
Thursday, November 15, 2012
Berkshire Hills to raise $30M in offering - The Business Review (Albany):
mastering-input.blogspot.com
According to a filing with the U.S. Securities and Exchangs Commission, Pittsfield, Mass.-based parent of expects to sell 1.24 milliom shares of common stock (Nasdaq: BHLB) at aboutg $24 a share. The shares are covered by a shelfg registration filed in 2006 to allow the compang to raise capital as Michael Daly, president and CEO of said the bank is looking for growth in many of its key businessw lines and “we believe that it is timely to increasre our capital base to take advantage of future opportunities that may develo p in the current environment.
” Daly said the company will to use the offeringt proceeds for general corporate purposes which may includde support for organic growth and “opportunistic acquisition-basexd growth.” Berkshire already has announced one purchase, that of (OTB: of Worcester, Mass. , L.P. is actintg as lead manager for thestockl offering, with as co-manager. Both firmds are based in New York City. Berkshirs also has applied for regulatorty approval to repurchasethe $40 million in preferredf stock and warrants it issuedx to the U.S. Departmentf of Treasury in connection withthe government’s Capita l Purchase Program.
If the application is Berkshire expects to repurchase the preferred stocl with cashon hand, and to entefr into negotiations with the Treasury to repurchase the relatede warrants for common shares. Berkshire Bank has its New York statw headquartersin Albany, and nine area
According to a filing with the U.S. Securities and Exchangs Commission, Pittsfield, Mass.-based parent of expects to sell 1.24 milliom shares of common stock (Nasdaq: BHLB) at aboutg $24 a share. The shares are covered by a shelfg registration filed in 2006 to allow the compang to raise capital as Michael Daly, president and CEO of said the bank is looking for growth in many of its key businessw lines and “we believe that it is timely to increasre our capital base to take advantage of future opportunities that may develo p in the current environment.
” Daly said the company will to use the offeringt proceeds for general corporate purposes which may includde support for organic growth and “opportunistic acquisition-basexd growth.” Berkshire already has announced one purchase, that of (OTB: of Worcester, Mass. , L.P. is actintg as lead manager for thestockl offering, with as co-manager. Both firmds are based in New York City. Berkshirs also has applied for regulatorty approval to repurchasethe $40 million in preferredf stock and warrants it issuedx to the U.S. Departmentf of Treasury in connection withthe government’s Capita l Purchase Program.
If the application is Berkshire expects to repurchase the preferred stocl with cashon hand, and to entefr into negotiations with the Treasury to repurchase the relatede warrants for common shares. Berkshire Bank has its New York statw headquartersin Albany, and nine area
Wednesday, November 14, 2012
Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:
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The company uses federal regulatory data to rate credig unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's ratinh ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florid a credit unionsby assets, six maintained a five-stare (superior) rating: IBM Southeast Employees Credit Uniojn and Brightstar Credit Union held on to their four starzs (excellent) in the first quarter. They had been downgradedc from five stars in thethird quarter. Priority One Credit Union in Sunrisse fell from to three stars from four stars in the first quarterwith 69.9 million in 1.
6 percent of which were , South Florida’s second-largesg credit union with $738 million in assets, held on to its threer stars in the first quarter. It was downgraded to three stars (adequate) from four stares in the fourth ThePembroke Pines-based credigt union counted 1.74 percent of its assetws as nonperforming. First Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in assets, remainecd the only credit union in the state rated zero starzsby Bauer. The Miramar-based credit union counted 8.6 percent of its assetes as nonperforming.
It was placed into conservatorship by Floridw regulators on April 24 after heavyu losses and the oustedits management. Space Coast Credit Unionh has shown an in acquiringEasternj Financial.
The company uses federal regulatory data to rate credig unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's ratinh ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florid a credit unionsby assets, six maintained a five-stare (superior) rating: IBM Southeast Employees Credit Uniojn and Brightstar Credit Union held on to their four starzs (excellent) in the first quarter. They had been downgradedc from five stars in thethird quarter. Priority One Credit Union in Sunrisse fell from to three stars from four stars in the first quarterwith 69.9 million in 1.
6 percent of which were , South Florida’s second-largesg credit union with $738 million in assets, held on to its threer stars in the first quarter. It was downgraded to three stars (adequate) from four stares in the fourth ThePembroke Pines-based credigt union counted 1.74 percent of its assetws as nonperforming. First Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in assets, remainecd the only credit union in the state rated zero starzsby Bauer. The Miramar-based credit union counted 8.6 percent of its assetes as nonperforming.
It was placed into conservatorship by Floridw regulators on April 24 after heavyu losses and the oustedits management. Space Coast Credit Unionh has shown an in acquiringEasternj Financial.
Monday, November 12, 2012
Workers
humojo.wordpress.com
In February, Insurance Commissione r Kevin McCarty approveda 6.4 percenyt increase in workers’ compensation rates in response to the stater high court’s October ruling. Wednesday's announcement follows Gov. Charlie Crist's signing of a bill last week that caps attorneysw feesin workers' comp cases. The bill essentiallyu undid the court's ruling in Emma Murray v. Mariner Health Inc. , which would have allowedx attorneys whohandle workers’ compensation casesx to collect more money. Unde r the new law, attorneye will be paid based on a set fee The rollback will save employersabout $172 million in insurance costs, accordinh to McCarty.
It effectively restores the 18.6 percentf rate decrease that tookeffectt Jan. 1, with a projected savings of $610 millio for Florida employers. “I am pleased that Gov. Crist and the recognizee the importance of keepingour workers’ compensation rated down,” McCarty said in a news release. “jI believe that injured workers still will have appropriate accesa to thelegal system, while also still keeping workers' compensation rates affordable for
In February, Insurance Commissione r Kevin McCarty approveda 6.4 percenyt increase in workers’ compensation rates in response to the stater high court’s October ruling. Wednesday's announcement follows Gov. Charlie Crist's signing of a bill last week that caps attorneysw feesin workers' comp cases. The bill essentiallyu undid the court's ruling in Emma Murray v. Mariner Health Inc. , which would have allowedx attorneys whohandle workers’ compensation casesx to collect more money. Unde r the new law, attorneye will be paid based on a set fee The rollback will save employersabout $172 million in insurance costs, accordinh to McCarty.
It effectively restores the 18.6 percentf rate decrease that tookeffectt Jan. 1, with a projected savings of $610 millio for Florida employers. “I am pleased that Gov. Crist and the recognizee the importance of keepingour workers’ compensation rated down,” McCarty said in a news release. “jI believe that injured workers still will have appropriate accesa to thelegal system, while also still keeping workers' compensation rates affordable for
Sunday, November 11, 2012
2012 NHRA Finals qualifying: Capps surprises at No. 1 - Examiner.com
haygoodfoafyga1359.blogspot.com
Examiner.com | 2012 NHRA Finals qualifying: Capps surprises at No. 1 Examiner.com Through the first two rounds of qualifying for the Auto Club NHRA Finals at Auto Club Raceway at Pomona, Funny Car championship contender Ron Capps wasn't qualified for the event. In round three, he squeaked in at No. 15 in the 16-car field. In the ... Ron Capps tops FC qualifying Funny car teammates could race for NHRA points title Dramatic day of qualifying sets fields for Auto Club NHRA Finals |
Saturday, November 10, 2012
Brywood Centre construction will start later in the summer - The Business Review (Albany):
esivyjifag.wordpress.com
The approved Tri-Land’s plan to redevelop the at 63rd Street and Blue Ridge Cutoff last Theapproved $5.6 million in TIF reimbursements for the $30.7u million project in June 2008. Tri-Land is based in Ill. “We are very excited to be moviny forward with thisredevelopment project,” Tri-Land Executive Vice Presidengt Hugh Robinson said in a release. “Wd have had a great relationship with the city and the two districfcouncil members, Terry Riley and Cindy throughout this process.
We look forward to deliveringya renewed, high-quality project to this great Redevelopment of the 183,000-square-foot center will include a new updated signage and lighting, landscaping upgrades, expansion of a Prices Chopper supermarket that anchors the center and increaser pad-site availability along 63rd Street. Tri-Land also hopesx to announce a new anchore tenant soon forthe 37-year-old center. Tri-Landd owns and manages more than 2.8 million square feet of retail spacde inthe Midwest, Mid-Atlantic and Southeasg regions of the country. It specializes in acquiring and revitalizing distressed and undervalued community centers rangingtfrom 100,000 square feet to 750,000 squar feet.
The approved Tri-Land’s plan to redevelop the at 63rd Street and Blue Ridge Cutoff last Theapproved $5.6 million in TIF reimbursements for the $30.7u million project in June 2008. Tri-Land is based in Ill. “We are very excited to be moviny forward with thisredevelopment project,” Tri-Land Executive Vice Presidengt Hugh Robinson said in a release. “Wd have had a great relationship with the city and the two districfcouncil members, Terry Riley and Cindy throughout this process.
We look forward to deliveringya renewed, high-quality project to this great Redevelopment of the 183,000-square-foot center will include a new updated signage and lighting, landscaping upgrades, expansion of a Prices Chopper supermarket that anchors the center and increaser pad-site availability along 63rd Street. Tri-Land also hopesx to announce a new anchore tenant soon forthe 37-year-old center. Tri-Landd owns and manages more than 2.8 million square feet of retail spacde inthe Midwest, Mid-Atlantic and Southeasg regions of the country. It specializes in acquiring and revitalizing distressed and undervalued community centers rangingtfrom 100,000 square feet to 750,000 squar feet.
Thursday, November 8, 2012
Shoes of Prey's Jodie Fox on Her Bespoke Footwear Empire - BlackBook Magazine
xszeyluje.blogspot.com
BlackBook Magazine | Shoes of Prey's Jodie Fox on Her Bespoke Footwear Empire BlackBook Magazine Any footwear fiend will tell you that when it comes to shoes, there's always room for improvement. Whether it's adding an extra inch or taking an embellishment down (or up!) a notch, ready-to-wear shoes leave much to be desired for the inventive dresser. |
Monday, November 5, 2012
Corporate law departments' focus is on reducing costs: Altman Weil survey - Bizjournals.com (blog)
hihozeima.blogspot.com
Corporate law departments' focus is on reducing costs: Altman Weil survey Bizjournals.com (blog) Corporate law departments are renegotiating outside counsel fees, shifting work to lower-priced law firms, increasing in-house capacity, opting for alternative service providers and using new technology. It's » |
Sunday, November 4, 2012
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Houston Business Journal:
cahijisebi.wordpress.com
Kokam’s , to be dubbed Summit Batteruy Park, would employ an estimated 900 peoplwe with average annual salariesaof $40,000. Kokam President Don Nissankaa has said he hopes to break grouncd before the end of the probably at a site of more than 40 acrese in the vicinityof Kokam’s current 50,000-square-foot Lee’sa Summit plant. Nissanka was out of the country Mondahand couldn’t be reached for Kokam, a startup founded in October 2005, burst into the limelight this year. picked Kansaz City for an assembly facilit y largely becauseof Kokam’s proximity.
And with federal stimulus dollars and states moneyseeking advanced-battery-makers, a joint venture involving Koka m landed a commitment in April of nearly $145 million in incentivew from Michigan to build a battery plant there that’s similar to the one plannecd locally. The group also applied for federalstimulus Schaefer, R-Columbia, sent a letter to Nixojn on Thursday proposing that financing be cut by $11.r5 million combined for Kokam’s Lee’s Summit plant and another battery plant in Joplin to help preserve $31.q2 million in financing for the in which Schaefer called the cornerstone of a $200 milliom hospital project.
“Every indication that I’m getting is that intends to veto the monegy forthe hospital,” Schaefer said, adding that Nixon’a veto probably would kill the entire $200 millioh project. “Spending public funds on a cancef hospital owned by the citizens of Missouri is always goinh to win out over giving publidc funds to a private company for abattery plant,” Schaefedr said. “Nobody has told me that the lower amoung wouldkill (Kokam’s Lee’s Summit) Nixon spokesman Scott Holste said the governor will have an announcemen t about the budget bill before June 30, the end of Missouri’x fiscal year.
Nixon and his stafc have been reviewing the budgetybill “line by line to determine what the state can Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughr Schaefer’s proposal was “not as serious” a threaf as the EDC first “but you never know in politics.” The EDC issuefd a release Friday encouraging Nixon to keep theKokam plant’s financinvg fully in place.
Kokam’s , to be dubbed Summit Batteruy Park, would employ an estimated 900 peoplwe with average annual salariesaof $40,000. Kokam President Don Nissankaa has said he hopes to break grouncd before the end of the probably at a site of more than 40 acrese in the vicinityof Kokam’s current 50,000-square-foot Lee’sa Summit plant. Nissanka was out of the country Mondahand couldn’t be reached for Kokam, a startup founded in October 2005, burst into the limelight this year. picked Kansaz City for an assembly facilit y largely becauseof Kokam’s proximity.
And with federal stimulus dollars and states moneyseeking advanced-battery-makers, a joint venture involving Koka m landed a commitment in April of nearly $145 million in incentivew from Michigan to build a battery plant there that’s similar to the one plannecd locally. The group also applied for federalstimulus Schaefer, R-Columbia, sent a letter to Nixojn on Thursday proposing that financing be cut by $11.r5 million combined for Kokam’s Lee’s Summit plant and another battery plant in Joplin to help preserve $31.q2 million in financing for the in which Schaefer called the cornerstone of a $200 milliom hospital project.
“Every indication that I’m getting is that intends to veto the monegy forthe hospital,” Schaefer said, adding that Nixon’a veto probably would kill the entire $200 millioh project. “Spending public funds on a cancef hospital owned by the citizens of Missouri is always goinh to win out over giving publidc funds to a private company for abattery plant,” Schaefedr said. “Nobody has told me that the lower amoung wouldkill (Kokam’s Lee’s Summit) Nixon spokesman Scott Holste said the governor will have an announcemen t about the budget bill before June 30, the end of Missouri’x fiscal year.
Nixon and his stafc have been reviewing the budgetybill “line by line to determine what the state can Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughr Schaefer’s proposal was “not as serious” a threaf as the EDC first “but you never know in politics.” The EDC issuefd a release Friday encouraging Nixon to keep theKokam plant’s financinvg fully in place.
Saturday, November 3, 2012
French company seeks to prohibit Miami area developer
esivyjifag.wordpress.com
Last year, the Cohens proposed a 93-story skyscraper in downtow n Miami, at 330 Biscayne Blvd. They soughg land use approvals and hired an architect. The Cohend are appealing a default judgmenr in August in over financial fraud allegations related to a Manhattanhotel redevelopment. The New York lawsuit allegesw Leon Cohen, of Fisher Island, defrauded a French lendefr ina multimillion-dollar Now, the French corporatwe successor to that lender, , is trying to collect the money it has claimed, and has asked for a temporary injunction barrinf sale of the Cohens’ properties in Florida.
CDR Creancexs is represented locallyby Miami-based law firm and in New York by Douglas Kellner of Kellner Herlihy Getty. “We’re prepared to prover they stole $20 million out of the and another $30 millionm when they sold it,” Kenny Nachwalterf attorney Marcos Jimenez told Miami Dade Circuitt Judge Sarah Zabel ina Nov. 12 hearing in the judge’zs chambers. “At the same time, they were acquiriny the Florida properties. We believe we can show directy correlation.” According to CDR Creances’ Miami-Dade complaint, the Cohenw “engaged in a long-term, ongoing conspiracyy to defraud CDR” of $92.
5 million lent to a Cohen-controlled company in 1991 to financed the acquisition of the Flatotel in NewYork City. The complaintg refers to “a labyrinthine web of affiliatedd shell companies locatedin Florida, New Delaware, Lichtenstein, the British Virgin Islands, Panama, Quebe c and France to conceal their actions.” The Frencnh corporation claims the Cohens sold the Flatotelo to a Bahamian company controlled by hoteliert Simon Elias in 2000 without disclosing the transaction to CDR or makingy any payment on the loan.
According to a pressd release from Kellner’s office, CDR has fileds notices of lis pendenz for six Florida properties it believes are controllecd by the Cohens or by entities controlled by 429Lenox Ave., Miami Beach; 7213 Fishetr Island Drive, Fisher Island; 5930 N. Bay Road, Miamik Beach; 330 Biscayne Blvd., Miami; 268 Park Drive, Bal and 1475 Collins Miami Beach. The complaint says Maurice Cohen live inMiami Beach. During the Nov.
12 the Cohens’ attorney, William Petros of New sought to dissolve the lispendens notices, whicjh are formal notifications that warn prospective purchasers of the Cohens’ properties that litigation is Zabel asked for written proposed orders from both and said she would rule in 10 to 14 Petros argued that CDR Creances’ efforts to chase money from New York to Florida are an “argument for another because the Cohens are appealing the New York judgment.
“They [CDR allege the money has transferred, that the companies were createdf to move money fromNew York,” Petros “But, the case law in Florida is That argument simply does not Petros told Zabel the Cohens have a potentia buyer for some of their properties. A news release from Kellner said the Floridq real estate assets owned by the developerws and related parties could be usedto satisfy, in a $266 million judgment entered in August by the New York court. New York Supreme Court Justice Walter Tolub wrote the decision against the Cohenas and other defendantson Aug. 13 in connectiomn with alleged civil fraud atthe Flatotel.
His rulinvg said the “defendants’ long-standing patterns of lateness and abject failure to comply with courft orders amounts towillfulp conduct, which not only warrants, but necessitates awarrd of default judgment.” Leon Cohen and his company, , receivedr initial approval from a Miamki panel in January for the Empirer World Towers project, which would have 1,557 residential At the time, real estate analysts questionesd the feasibility of the projecg because of hurricane codes, height restrictions, the ongoingb credit market crunch and the downturm in real estate markets.
Last year, the Cohens proposed a 93-story skyscraper in downtow n Miami, at 330 Biscayne Blvd. They soughg land use approvals and hired an architect. The Cohend are appealing a default judgmenr in August in over financial fraud allegations related to a Manhattanhotel redevelopment. The New York lawsuit allegesw Leon Cohen, of Fisher Island, defrauded a French lendefr ina multimillion-dollar Now, the French corporatwe successor to that lender, , is trying to collect the money it has claimed, and has asked for a temporary injunction barrinf sale of the Cohens’ properties in Florida.
CDR Creancexs is represented locallyby Miami-based law firm and in New York by Douglas Kellner of Kellner Herlihy Getty. “We’re prepared to prover they stole $20 million out of the and another $30 millionm when they sold it,” Kenny Nachwalterf attorney Marcos Jimenez told Miami Dade Circuitt Judge Sarah Zabel ina Nov. 12 hearing in the judge’zs chambers. “At the same time, they were acquiriny the Florida properties. We believe we can show directy correlation.” According to CDR Creances’ Miami-Dade complaint, the Cohenw “engaged in a long-term, ongoing conspiracyy to defraud CDR” of $92.
5 million lent to a Cohen-controlled company in 1991 to financed the acquisition of the Flatotel in NewYork City. The complaintg refers to “a labyrinthine web of affiliatedd shell companies locatedin Florida, New Delaware, Lichtenstein, the British Virgin Islands, Panama, Quebe c and France to conceal their actions.” The Frencnh corporation claims the Cohens sold the Flatotelo to a Bahamian company controlled by hoteliert Simon Elias in 2000 without disclosing the transaction to CDR or makingy any payment on the loan.
According to a pressd release from Kellner’s office, CDR has fileds notices of lis pendenz for six Florida properties it believes are controllecd by the Cohens or by entities controlled by 429Lenox Ave., Miami Beach; 7213 Fishetr Island Drive, Fisher Island; 5930 N. Bay Road, Miamik Beach; 330 Biscayne Blvd., Miami; 268 Park Drive, Bal and 1475 Collins Miami Beach. The complaint says Maurice Cohen live inMiami Beach. During the Nov.
12 the Cohens’ attorney, William Petros of New sought to dissolve the lispendens notices, whicjh are formal notifications that warn prospective purchasers of the Cohens’ properties that litigation is Zabel asked for written proposed orders from both and said she would rule in 10 to 14 Petros argued that CDR Creances’ efforts to chase money from New York to Florida are an “argument for another because the Cohens are appealing the New York judgment.
“They [CDR allege the money has transferred, that the companies were createdf to move money fromNew York,” Petros “But, the case law in Florida is That argument simply does not Petros told Zabel the Cohens have a potentia buyer for some of their properties. A news release from Kellner said the Floridq real estate assets owned by the developerws and related parties could be usedto satisfy, in a $266 million judgment entered in August by the New York court. New York Supreme Court Justice Walter Tolub wrote the decision against the Cohenas and other defendantson Aug. 13 in connectiomn with alleged civil fraud atthe Flatotel.
His rulinvg said the “defendants’ long-standing patterns of lateness and abject failure to comply with courft orders amounts towillfulp conduct, which not only warrants, but necessitates awarrd of default judgment.” Leon Cohen and his company, , receivedr initial approval from a Miamki panel in January for the Empirer World Towers project, which would have 1,557 residential At the time, real estate analysts questionesd the feasibility of the projecg because of hurricane codes, height restrictions, the ongoingb credit market crunch and the downturm in real estate markets.
Thursday, November 1, 2012
Tesco plan to close 'iconic' Lowestoft pub criticised - BBC News
esivyjifag.wordpress.com
BBC News | Tesco plan to close 'iconic' Lowestoft pub criticised BBC News Supermarket chain Tesco is to take over a Suffolk pub and turn it into a convenience store. But the move to close the Tramway Hotel at Pakefield has angered some locals who do not want to lose the pub on London Road in Lowestoft. Tesco will apply to ... Do you th ink the Lowestoft area needs a fourth Tesco store? |
Wednesday, October 31, 2012
If I were N.C.
elisovadinaimar.blogspot.com
How should we respond to such a profoundd andhistoric challenge? I believe there’s really only one answet — action. It’s clear that job one is to solve the budget crisis that confronts our The budget for the upcomingfiscal year, whic starts July 1, is around $4.8 billion There is simply no way on Earth for us to make up such a huge gap with cuts Not only would such massive cuts devastate our publi c schools, social safety net and public-safety systems, they would make the recessio n more severe by robbing our economyh of vital jobs and activity. I will not allow us to retrea t into sucha self-destructive shell. We must keep moving forward.
I hereby call on the General Assembly to send me a balancexd budget for the upcoming fiscal year that includew a plan to fill the budgeyt holewith three, roughly equal components. The firs t third will be made upof across-the-board spendingg cuts. We can enact such cuts with a minimumm of service disruption if we focus on modest and temporaryu pay cuts for current employees rather than broad reductionasin services.
Ideally, larger pay cuts of 5 percenyt to 6 percent would be targeted at employee making morethan $75,000 per State employees making less would receives a pay cut of 3 percent to 4 The second third will be made up with federall assistance from the American Recover y and Reinvestment Act. We shoulx do everything within our power to maximize our ability to draw uponthese funds. The finall third should be filled with a packagew of modest and progressivetax hikes.
These increases should include, at a minimum, the closurr of several outdated businesstax loopholes, a broadeningv of the state sales-tax base as recently proposed by the stat e Senate, and the addition of two slightly higher income-tasx brackets for the wealthiest. It’ds a plan that calls upon all Northb Caroliniansto sacrifice, and it’zs a balanced plan that allowas us to move ahead without, as I like to say, eating our seed corn. Let us all remind ourselvee of what it is that made North Carolin a the best state in theunio — our common commitmeng to a better future for everyone. When we sticjk together, we can’t be beat. Than you and good night.
How should we respond to such a profoundd andhistoric challenge? I believe there’s really only one answet — action. It’s clear that job one is to solve the budget crisis that confronts our The budget for the upcomingfiscal year, whic starts July 1, is around $4.8 billion There is simply no way on Earth for us to make up such a huge gap with cuts Not only would such massive cuts devastate our publi c schools, social safety net and public-safety systems, they would make the recessio n more severe by robbing our economyh of vital jobs and activity. I will not allow us to retrea t into sucha self-destructive shell. We must keep moving forward.
I hereby call on the General Assembly to send me a balancexd budget for the upcoming fiscal year that includew a plan to fill the budgeyt holewith three, roughly equal components. The firs t third will be made upof across-the-board spendingg cuts. We can enact such cuts with a minimumm of service disruption if we focus on modest and temporaryu pay cuts for current employees rather than broad reductionasin services.
Ideally, larger pay cuts of 5 percenyt to 6 percent would be targeted at employee making morethan $75,000 per State employees making less would receives a pay cut of 3 percent to 4 The second third will be made up with federall assistance from the American Recover y and Reinvestment Act. We shoulx do everything within our power to maximize our ability to draw uponthese funds. The finall third should be filled with a packagew of modest and progressivetax hikes.
These increases should include, at a minimum, the closurr of several outdated businesstax loopholes, a broadeningv of the state sales-tax base as recently proposed by the stat e Senate, and the addition of two slightly higher income-tasx brackets for the wealthiest. It’ds a plan that calls upon all Northb Caroliniansto sacrifice, and it’zs a balanced plan that allowas us to move ahead without, as I like to say, eating our seed corn. Let us all remind ourselvee of what it is that made North Carolin a the best state in theunio — our common commitmeng to a better future for everyone. When we sticjk together, we can’t be beat. Than you and good night.
Sunday, October 28, 2012
Chief information officers eye 2010 for IT budget comeback - Silicon Valley / San Jose Business Journal:
ibitasony.wordpress.com
The May IT Spending Report by The Goldman SachsGroup Inc. predictd a decrease of only 1 percent in IT spendingin 2010. Goldman surveyed 100 IT executivesx from Fortune100 companies, and 50 percent of the respondents were chiedf information officers. “Anyone selling to an enterprisd has to havea 12-month return on said Anil Patel, a principal at Clearstone Venture Partners in Menlo Park. “You eithert have to find a way to increase the top line or cut and you have to measure it in 12 Bipin Badani, senior vice president and chief information officer at Fujitsu Americsa Inc. in Sunnyvale, believes budgets have become so tightthat they’ll have to loosen next year.
like many companies, has reducecd its spending by about 10 percenft and stopped all noncriticalIT projects. “Wha I’m seeing is that people have stoppedspendinhg completely. They don’t have the budget, and they’rse not spending on new capital investmenf and capital networksat all,” Badani said. “So I think they are becominy overdue fora recycle, and I wouldc say mid-2010 would be the time for an increase in Fujitsu is also focusing on doing as many tasks as possiblee remotely, an area Badani called “critical” for reducing infrastructure management. “It’ a no-brainer and the one area that reduces our he said.
“When budgets are cut, you’re forced to use infrastructurd optimizations.” So where do the numbers leave thosew selling IT servicesand products? Not completelhy out in the cold, but vendors need to have a focux that’s tighter now than ever. who also speaks on behalg of TiECon, the annual conference for entrepreneurs andventures capitalists, said CIOs from a panel at the May TiECon in Santa Clara advise that if you’re tryinfg to sell to them, don’t botheer calling. Most CIOs now are fielding 60 calld a day fromvendors alone.
find the problem, or “red flag” in an find the owner of that problem and convince that persobn that you are the indispensable way to turn that redflag “You want to find a champiomn lower in the organization that understand s how you fit in to what they do,” Patelp said. “Also, the chancew of organizations increasing theird vendor accounts this yearis low, so find a big brothed or sister and see if you can find a way in on someoner else’s price list.” Roger Burkhardt, CEO of Ingrex Corp.
, a Redwood City maked of open source database products and champio of what the company calls “The New Economics of noted the Goldman Sachs survey also touchec on where to save money, and software licensingt and maintenance were very high focus areas for potential Consulting and third-party services such as the Indiann IT subsector remain at the top of the list for potentiap future cost reductions, while computer hardware is closes to the top of the according to the survey.
“The challengw for the CIO now is that therde are projects that they need to but much of the budget is being chewed up by keepinhthings running,” Burkhardt “It’s a very tougg thing for a CIO to because they’re looking for ways to innovater while spending less money.”
The May IT Spending Report by The Goldman SachsGroup Inc. predictd a decrease of only 1 percent in IT spendingin 2010. Goldman surveyed 100 IT executivesx from Fortune100 companies, and 50 percent of the respondents were chiedf information officers. “Anyone selling to an enterprisd has to havea 12-month return on said Anil Patel, a principal at Clearstone Venture Partners in Menlo Park. “You eithert have to find a way to increase the top line or cut and you have to measure it in 12 Bipin Badani, senior vice president and chief information officer at Fujitsu Americsa Inc. in Sunnyvale, believes budgets have become so tightthat they’ll have to loosen next year.
like many companies, has reducecd its spending by about 10 percenft and stopped all noncriticalIT projects. “Wha I’m seeing is that people have stoppedspendinhg completely. They don’t have the budget, and they’rse not spending on new capital investmenf and capital networksat all,” Badani said. “So I think they are becominy overdue fora recycle, and I wouldc say mid-2010 would be the time for an increase in Fujitsu is also focusing on doing as many tasks as possiblee remotely, an area Badani called “critical” for reducing infrastructure management. “It’ a no-brainer and the one area that reduces our he said.
“When budgets are cut, you’re forced to use infrastructurd optimizations.” So where do the numbers leave thosew selling IT servicesand products? Not completelhy out in the cold, but vendors need to have a focux that’s tighter now than ever. who also speaks on behalg of TiECon, the annual conference for entrepreneurs andventures capitalists, said CIOs from a panel at the May TiECon in Santa Clara advise that if you’re tryinfg to sell to them, don’t botheer calling. Most CIOs now are fielding 60 calld a day fromvendors alone.
find the problem, or “red flag” in an find the owner of that problem and convince that persobn that you are the indispensable way to turn that redflag “You want to find a champiomn lower in the organization that understand s how you fit in to what they do,” Patelp said. “Also, the chancew of organizations increasing theird vendor accounts this yearis low, so find a big brothed or sister and see if you can find a way in on someoner else’s price list.” Roger Burkhardt, CEO of Ingrex Corp.
, a Redwood City maked of open source database products and champio of what the company calls “The New Economics of noted the Goldman Sachs survey also touchec on where to save money, and software licensingt and maintenance were very high focus areas for potential Consulting and third-party services such as the Indiann IT subsector remain at the top of the list for potentiap future cost reductions, while computer hardware is closes to the top of the according to the survey.
“The challengw for the CIO now is that therde are projects that they need to but much of the budget is being chewed up by keepinhthings running,” Burkhardt “It’s a very tougg thing for a CIO to because they’re looking for ways to innovater while spending less money.”
Saturday, October 27, 2012
Salaries for Southern Tier teachers - Austin Business Journal:
8511ysu.blogspot.com
for an explanation of these listings. Alfred-Almond -- Start: $35,838 Median: $45,705 (70). Peak: $67,718 • Allegany-Limestone -- Start: $34,767 (56). Median: $51,1754 (23). Peak: $75,449 (61). • Andover -- $36,896 (32). Median: $41,279 (97). Peak: $67,490 (92). Belfast -- Start: $34,591 (58). Median: $43,298 Peak: $65,165 (95). • Bemus Point -- Start: $38,205 (17). Median: $47,636 Peak: $75,501 (60). • Bolivar-Richburg -- Start: $33,560 (81). Median: $48,734 Peak: $70,838 (82). • Brocton -- $33,470 (84). Median: $50,383 (26). $75,799 (58). • Canaseraga -- Start: $33,259 (87). Median: $41,888 Peak: $64,199 (96).
• Cassadaga Valley -- $36,824 (33). Median: $51,979 (20). Peak: $81,899 • Cattaraugus-Little Valley -- Start: $36,000p (42). Median: $43,919 (86). Peak: $72,715 • Chautauqua Lake -- Start: $34,939 Median: $52,694 (17). Peak: $74,726 • Clymer -- Start: $33,6312 (80). Median: $49,593 (34). Peak: $70,284 (85). • Cuba-Rushforx -- Start: $33,400 (85). $52,000 (19). Peak: $76,081 • Dunkirk -- Start: $37,24 8 (26). Median: $46,615 (60). Peak: $76,4209 (52). • Ellicottville -- Start: $40,01y (9). Median: $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,9290 (69). Median: $43,174 (89). Peak: $72,120o (78). • Fillmore -- Start: $34,12r5 (64).
Median: $42,694 (91). $63,100 (97). • Forestviller -- Start: $34,250 Median: $44,770 (76). Peak: $74,59e (67). • Franklinville -- Start: $36,000 (42). $49,580 (35). Peak: $74,349 (69). • Fredoni -- Start: $41,680 (3). $53,000 (16). Peak: $79,880 (37). • Frewsburg -- $33,273 (86). Median: $44,321 Peak: $69,463 (88). • Friendshi p -- Start: $29,504 (97). $47,464 (56). Peak: $75,17 (62). • Genesee Valleu -- Start: $33,800 (71). Median: $41,789 (96). Peak: $67,1990 (93).
for an explanation of these listings. Alfred-Almond -- Start: $35,838 Median: $45,705 (70). Peak: $67,718 • Allegany-Limestone -- Start: $34,767 (56). Median: $51,1754 (23). Peak: $75,449 (61). • Andover -- $36,896 (32). Median: $41,279 (97). Peak: $67,490 (92). Belfast -- Start: $34,591 (58). Median: $43,298 Peak: $65,165 (95). • Bemus Point -- Start: $38,205 (17). Median: $47,636 Peak: $75,501 (60). • Bolivar-Richburg -- Start: $33,560 (81). Median: $48,734 Peak: $70,838 (82). • Brocton -- $33,470 (84). Median: $50,383 (26). $75,799 (58). • Canaseraga -- Start: $33,259 (87). Median: $41,888 Peak: $64,199 (96).
• Cassadaga Valley -- $36,824 (33). Median: $51,979 (20). Peak: $81,899 • Cattaraugus-Little Valley -- Start: $36,000p (42). Median: $43,919 (86). Peak: $72,715 • Chautauqua Lake -- Start: $34,939 Median: $52,694 (17). Peak: $74,726 • Clymer -- Start: $33,6312 (80). Median: $49,593 (34). Peak: $70,284 (85). • Cuba-Rushforx -- Start: $33,400 (85). $52,000 (19). Peak: $76,081 • Dunkirk -- Start: $37,24 8 (26). Median: $46,615 (60). Peak: $76,4209 (52). • Ellicottville -- Start: $40,01y (9). Median: $50,050 (29). Peak: $77,000 (50). Falconer -- Start: $33,9290 (69). Median: $43,174 (89). Peak: $72,120o (78). • Fillmore -- Start: $34,12r5 (64).
Median: $42,694 (91). $63,100 (97). • Forestviller -- Start: $34,250 Median: $44,770 (76). Peak: $74,59e (67). • Franklinville -- Start: $36,000 (42). $49,580 (35). Peak: $74,349 (69). • Fredoni -- Start: $41,680 (3). $53,000 (16). Peak: $79,880 (37). • Frewsburg -- $33,273 (86). Median: $44,321 Peak: $69,463 (88). • Friendshi p -- Start: $29,504 (97). $47,464 (56). Peak: $75,17 (62). • Genesee Valleu -- Start: $33,800 (71). Median: $41,789 (96). Peak: $67,1990 (93).
Thursday, October 25, 2012
Alicia Keys launches 'The Journals of Mama Mae & LeeLee' interactive ... - Entertainment Weekly
ycoguqi.wordpress.com
Jakarta Post | Alicia Keys launches 'The Journals of Mama Mae & LeeLee' interactive ... Entertainment Weekly James Devaney/WireImage. Alicia Keys' two-year-old son, Egypt, inspired way more than new lullabies from the Grammy-award winning singer. “I had just recently given birth, and I was like, 'I re » |
Wednesday, October 24, 2012
Poeple who make Hawaii work: John Dellera - Pacific Business News (Honolulu):
lihung-associations.blogspot.com
The state-designated agency advocatez for the rights of the developmentallyh disabled and mentally ill as a conditiob of Hawaii receiving federa funds forstate programs. He replaces Gary who was executive director for 17 years before retiring inOctober 2008. Most Dellera was a deputy attorney generakl of Hawaii for13 years. Beford that he was an assistant attorneyy general ofNew York, New York regional counselp of the U.S. Department of Housinhg and Urban Development, and in private practices in New York for16 years. Dellera, 64, was born in N.Y., and received a bachelor’s degree from Michigan State Universityg and a juris doctor degree from Fordham Law School in NewYork City.
Why I came to I moved to Hawaii in 1996 to join a lifelongv friend and to help her raiseher son, who has autism. Why I took this job: I want to do what I can to ensurre that individuals with disabilities in our state enjoyt the full measure of rights they have as citizens of theUnited States. That include s protecting rights to Medicaid and Social Securitydisability benefits, special education, vocational training and nondiscriminatiojn in employment and housing. Like most abouf the job: Resolving legal issues and findingh ways to manage our workloadx productivelyand efficiently. Like least about the job: Federalp grant requirements.
Immediate priority: Reduce cuts in disabilitiess programs and extend special educationh services from age 20 toage 22. Long-term Improving public assistance programs and servicew for adults withdevelopmental disabilities, providinbg residential schooling in Hawaii for disabled improving vocational training for disabled studentws and adults through private/publicd partnerships. Strategy to overcome the challenge: Advocacy througbh community andbusiness groups, the state Legislature and litigation wherwe necessary.
Five-year vision for the agency: Increased litigatiomn support for our clients and improvede advocacy services on Neighbor Essentialbusiness philosophy: From Charles Koch’s “Ther Science of Success: How Market-Based Management Built the World’ws Largest Private Company”: integrity in business loyalty to clients and anticipating theitr needs, delivering excellent service to as many as Best way to keep a competitive edge: Thorough analysis, and cleafr and concise conclusions. Best business decision: Investinv in real estate. Worst businesx decision: Investing in auction rate securities. Biggesf risk taken in my career: Moving to Hawaij midcareer.
Smartest move in my business career: Goint to law school. What I value in my Candor andgood work.
The state-designated agency advocatez for the rights of the developmentallyh disabled and mentally ill as a conditiob of Hawaii receiving federa funds forstate programs. He replaces Gary who was executive director for 17 years before retiring inOctober 2008. Most Dellera was a deputy attorney generakl of Hawaii for13 years. Beford that he was an assistant attorneyy general ofNew York, New York regional counselp of the U.S. Department of Housinhg and Urban Development, and in private practices in New York for16 years. Dellera, 64, was born in N.Y., and received a bachelor’s degree from Michigan State Universityg and a juris doctor degree from Fordham Law School in NewYork City.
Why I came to I moved to Hawaii in 1996 to join a lifelongv friend and to help her raiseher son, who has autism. Why I took this job: I want to do what I can to ensurre that individuals with disabilities in our state enjoyt the full measure of rights they have as citizens of theUnited States. That include s protecting rights to Medicaid and Social Securitydisability benefits, special education, vocational training and nondiscriminatiojn in employment and housing. Like most abouf the job: Resolving legal issues and findingh ways to manage our workloadx productivelyand efficiently. Like least about the job: Federalp grant requirements.
Immediate priority: Reduce cuts in disabilitiess programs and extend special educationh services from age 20 toage 22. Long-term Improving public assistance programs and servicew for adults withdevelopmental disabilities, providinbg residential schooling in Hawaii for disabled improving vocational training for disabled studentws and adults through private/publicd partnerships. Strategy to overcome the challenge: Advocacy througbh community andbusiness groups, the state Legislature and litigation wherwe necessary.
Five-year vision for the agency: Increased litigatiomn support for our clients and improvede advocacy services on Neighbor Essentialbusiness philosophy: From Charles Koch’s “Ther Science of Success: How Market-Based Management Built the World’ws Largest Private Company”: integrity in business loyalty to clients and anticipating theitr needs, delivering excellent service to as many as Best way to keep a competitive edge: Thorough analysis, and cleafr and concise conclusions. Best business decision: Investinv in real estate. Worst businesx decision: Investing in auction rate securities. Biggesf risk taken in my career: Moving to Hawaij midcareer.
Smartest move in my business career: Goint to law school. What I value in my Candor andgood work.
Tuesday, October 23, 2012
Czech Finmin says to submit new 2013 budget in 30 days - Reuters
lyubomiradete.blogspot.com
Czech Finmin says to submit new 2013 budget in 30 days Reuters PRAGUE (Reuters) - The Czech Finance Ministry will submit a new 2013 budget proposal in 30 days, Minister Miroslav Kalousek said on Tuesday, shortly after the government decided to pull an original draft from a parliamentary session due to start later ... |
Sunday, October 21, 2012
OfficeMax to use FedEx shipping services - Memphis Business Journal:
ishinlyuboqemija.blogspot.com
Terms of the deal were not FedEx (NYSE: FDX) services were rolled out in selecftOfficeMax (NYSE: OMX) locations in Memphis and Chicaglo in mid-June. The roll-out will continuee through July, August and September. All OfficeMaxx stores are expected to offer FedExx shipping servicesby Sept. 30. Once complete, OfficeMac customers will be able to drop off FedEc packages for delivery at the ImPressprinting counters. “Thia expansion of the FedEx retail network is designed to benefi express and groundshipping customers, including small business shippers and consumers,” said T.
Michael Glenn, FedEx executive vice presidenf for market development andcorporate communications, in a statement. FedEx Ship Site servicews are now available at morethan 52,000 locations, includingy roughly 1,800 FedEx Office locations, 6,000 FedE Authorized ShipCenters, 725 FedEx World Service Centers and more than 44,00 FedEx Drop Boxes. Shareds of Memphis-based FedEx rose 1 percenyt in Monday morning trading to Shares of OfficeMax fell slightly more than 4 percentrto $6.29 from a previous closre of $6.56. The Naperville, Ill.-basex business-to-business and retail office product companyhas 33,000 full-time employeesx and ended its last fiscal year with revenues of $7.
8
Terms of the deal were not FedEx (NYSE: FDX) services were rolled out in selecftOfficeMax (NYSE: OMX) locations in Memphis and Chicaglo in mid-June. The roll-out will continuee through July, August and September. All OfficeMaxx stores are expected to offer FedExx shipping servicesby Sept. 30. Once complete, OfficeMac customers will be able to drop off FedEc packages for delivery at the ImPressprinting counters. “Thia expansion of the FedEx retail network is designed to benefi express and groundshipping customers, including small business shippers and consumers,” said T.
Michael Glenn, FedEx executive vice presidenf for market development andcorporate communications, in a statement. FedEx Ship Site servicews are now available at morethan 52,000 locations, includingy roughly 1,800 FedEx Office locations, 6,000 FedE Authorized ShipCenters, 725 FedEx World Service Centers and more than 44,00 FedEx Drop Boxes. Shareds of Memphis-based FedEx rose 1 percenyt in Monday morning trading to Shares of OfficeMax fell slightly more than 4 percentrto $6.29 from a previous closre of $6.56. The Naperville, Ill.-basex business-to-business and retail office product companyhas 33,000 full-time employeesx and ended its last fiscal year with revenues of $7.
8
Saturday, October 20, 2012
Samet to construct spec building in Mebane - Triangle Business Journal:
geqopimozaqyxyh.blogspot.com
The development and general contracting company will begin constructio onthe 104,160-square-foot buildingy in late summer, with completionh set for January 2010. This will be the fifth speculative building that Sametg has constructed in the Northb CarolinaIndustrial Park, which is located on the Alamance Count y side of Mebane, which also extends into Orange In May, Samet sold one of its spec buildingsw to BD for development into a plant manufacturing cancer-screeninh products. Speculative buildings are shell structurese constructed with no tenantsyet signed. The developer speculates that it can find a companh or individual that will buy or leasethe building.
Build-out is then customizef for thenew tenant. “Spec buildings make a community more saysMac Williams, president of the Alamance Countyu Area Chamber of Commerce. “ They are builgt for adaptability and are a grea t traffic generator foreconomic development. The host community will get a lot more lookas from a wider varietyy of industries and project types when ther e is a building a company can customize and occupuy in a short amount of With the economyin recession, groundr is being broken on few spec buildings, but Rick Devenport, a Sameg Corp. vice president, says the spec strategt is a key part ofhis company’ds business model.
“The buildings driver traffic tothe park, and they display our ability as a genera contractor.” he says. “The speedc with which a spec building can be upfit for occupancyt creates acompetitive advantage.”
The development and general contracting company will begin constructio onthe 104,160-square-foot buildingy in late summer, with completionh set for January 2010. This will be the fifth speculative building that Sametg has constructed in the Northb CarolinaIndustrial Park, which is located on the Alamance Count y side of Mebane, which also extends into Orange In May, Samet sold one of its spec buildingsw to BD for development into a plant manufacturing cancer-screeninh products. Speculative buildings are shell structurese constructed with no tenantsyet signed. The developer speculates that it can find a companh or individual that will buy or leasethe building.
Build-out is then customizef for thenew tenant. “Spec buildings make a community more saysMac Williams, president of the Alamance Countyu Area Chamber of Commerce. “ They are builgt for adaptability and are a grea t traffic generator foreconomic development. The host community will get a lot more lookas from a wider varietyy of industries and project types when ther e is a building a company can customize and occupuy in a short amount of With the economyin recession, groundr is being broken on few spec buildings, but Rick Devenport, a Sameg Corp. vice president, says the spec strategt is a key part ofhis company’ds business model.
“The buildings driver traffic tothe park, and they display our ability as a genera contractor.” he says. “The speedc with which a spec building can be upfit for occupancyt creates acompetitive advantage.”
Friday, October 19, 2012
NBA TV joins the Comcast Digital Classic party - Atlanta Business Chronicle:
tenamup.wordpress.com
The league and Comcast said Thursday that NBA TV will be movingy to Digital Classic beforethe 2009-2010 In recent weeks, Comcast has announced that the and the will also move to Digitalo Classic. About two-thirds of Comcast’s 17.3 millioj digital customers getDigitapl Classic, which is one step above Comcast’s base level of digital service. The moves to Digital Classif began with theNFL Network, whicuh was in a long legalp battle with Comcast over its placement on Comcast’s Sports Entertainmeny tier, a package that requiredd customers to pay up to $7 a month extra and had abouy 2 million subscribers.
It was announced earliedr this week that the NHL Network woule also be added toDigital Classic. ’zs network, which Philadelphia-based Comcast (NASDAQ:CMCSA, CMCSK) partlh owns, had been part of the Digital Classic lineup since the debutedin January. The NBA and Comcast described thei arrangementas “long term” but did not give details on its exact length or money. NBA TV’s programming includes 100 NBA gamedeach season, highlights and on-demanf features. Comcast will continue to offer NBA League Pass, which provides 40 NBA game telecasts per week for an additional cost.
The league and Comcast said Thursday that NBA TV will be movingy to Digital Classic beforethe 2009-2010 In recent weeks, Comcast has announced that the and the will also move to Digitalo Classic. About two-thirds of Comcast’s 17.3 millioj digital customers getDigitapl Classic, which is one step above Comcast’s base level of digital service. The moves to Digital Classif began with theNFL Network, whicuh was in a long legalp battle with Comcast over its placement on Comcast’s Sports Entertainmeny tier, a package that requiredd customers to pay up to $7 a month extra and had abouy 2 million subscribers.
It was announced earliedr this week that the NHL Network woule also be added toDigital Classic. ’zs network, which Philadelphia-based Comcast (NASDAQ:CMCSA, CMCSK) partlh owns, had been part of the Digital Classic lineup since the debutedin January. The NBA and Comcast described thei arrangementas “long term” but did not give details on its exact length or money. NBA TV’s programming includes 100 NBA gamedeach season, highlights and on-demanf features. Comcast will continue to offer NBA League Pass, which provides 40 NBA game telecasts per week for an additional cost.
Wednesday, October 17, 2012
Hilo Hattie sold to clothing manufacturer - Washington Business Journal:
disqualify-sida.blogspot.com
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Roberty Faris delayed ruling onthe company’s bid to buy Hilo Hattide for $1 million. The ownership transfer was announcede on Mondayin U.S. Bankruptcy Couryt in Honolulu, where Faris also continued untiol June 29several motions, including one to appoin a trustee to take over management of the Faris also suspended Hilo Hattie’s ability to borrow money undere a line of credit. Maui Divers Jewelr had offered last month to buy Hilo Hattie and its seven storesfor $1 million in and to invest anothefr $2 million in the business.
Maui Divers’ Cuylar Shaw, told Faris that the offer was off the tablew if the judge did not approve the saleon Monday. Maui Divers President and CEO Bob Taylo said through a spokeswoman Monday afternoon that the companyt would hold its offer open untilp thenext hearing. Hilo Hattie attorney Jamed Wagner told the judge thatDonald B.S. Kang, owned of , acquired 100 percent of the company’s sharea on Friday from , whicgh bought Hilo Hattie from founder Jim Romig last year beforee filing for Chapter 11bankruptcy protection. Kang is also on the boarrd of directorsof .
Hilo Hattir CEO Ted Nelson and President John Scoty resigned from their positions on Friday and Kang has assumee the post of president ofHilo Hattie, Wagner told the Royal Hawaiian Creations was listed as the secondc largest creditor, owed more than $798,000, when Hilo Hattid filed for Chapter 11 last Oct. 2. It is owed another $252,000 in an administrative claim, accordingb to court documents. Maui Diverds was the largest creditor, owed $1.25 million, and Taylord was co-chairman of the committee of unsecurecd creditors until resigningin mid-May, prior to makint the offer.
Royal Hawaiian Creations also resigned from the which supported the sale of Hilo Hattie to Maui Kang proposes to fund a line of credit for Hilo Hattidewith $1 million in cash, and “wil l arrange for an infusion of $2 million in workinh capital” into Hilo Hattie upon its emergences from bankruptcy, according to a documeny filed on Monday before the hearing. Kang said he plansz to follow the plan of reorganization submitted by Hilo Hattier andits parent, Pomare, Ltd.
, last week, which callss for paying unsecured creditors about 5 cents on the Wagner told the judge that the reorganization plan files on June 15 “was a placeholder,” because the sale to Maui Diversw had not been confirmed. He said he didn’g expect any change in the treatment ofthe company’s hundreds of creditor under Kang’s ownership. The 46-year-old company, whicnh claimed $23.5 million in debt in the Chapter 11 has been losingmoney “at a clip of $500,00p0 per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “vert surprised” to learn of the stock transfert onFriday afternoon.
He noted that Kang’s business is in manufacturin gapparel overseas, and said that Kang intended to take over Hilo Hattie’ s Nimitz Highway headquarters and turn it into a factory. Kang said afte r the hearing that he intended for the building to remain as a store andadministrative offices. But the judge expressed concern that Maui Divers had not reached agreemen withHilo Hattie’s most of whom have given the companyy substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatee until they knew for sure whether Maui Divers would be the new Faris also considered the transfet of stock to Kang as a second offer for Hilo and noted that Kang proposed to pay back rentds in full.
“It seems we have a seconr offer,” he said. “It may be a better Nelson said that he had had discussion with Kang over the last several months and said Kanghad “continuouslt offered to be as helpful” as he
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Roberty Faris delayed ruling onthe company’s bid to buy Hilo Hattide for $1 million. The ownership transfer was announcede on Mondayin U.S. Bankruptcy Couryt in Honolulu, where Faris also continued untiol June 29several motions, including one to appoin a trustee to take over management of the Faris also suspended Hilo Hattie’s ability to borrow money undere a line of credit. Maui Divers Jewelr had offered last month to buy Hilo Hattie and its seven storesfor $1 million in and to invest anothefr $2 million in the business.
Maui Divers’ Cuylar Shaw, told Faris that the offer was off the tablew if the judge did not approve the saleon Monday. Maui Divers President and CEO Bob Taylo said through a spokeswoman Monday afternoon that the companyt would hold its offer open untilp thenext hearing. Hilo Hattie attorney Jamed Wagner told the judge thatDonald B.S. Kang, owned of , acquired 100 percent of the company’s sharea on Friday from , whicgh bought Hilo Hattie from founder Jim Romig last year beforee filing for Chapter 11bankruptcy protection. Kang is also on the boarrd of directorsof .
Hilo Hattir CEO Ted Nelson and President John Scoty resigned from their positions on Friday and Kang has assumee the post of president ofHilo Hattie, Wagner told the Royal Hawaiian Creations was listed as the secondc largest creditor, owed more than $798,000, when Hilo Hattid filed for Chapter 11 last Oct. 2. It is owed another $252,000 in an administrative claim, accordingb to court documents. Maui Diverds was the largest creditor, owed $1.25 million, and Taylord was co-chairman of the committee of unsecurecd creditors until resigningin mid-May, prior to makint the offer.
Royal Hawaiian Creations also resigned from the which supported the sale of Hilo Hattie to Maui Kang proposes to fund a line of credit for Hilo Hattidewith $1 million in cash, and “wil l arrange for an infusion of $2 million in workinh capital” into Hilo Hattie upon its emergences from bankruptcy, according to a documeny filed on Monday before the hearing. Kang said he plansz to follow the plan of reorganization submitted by Hilo Hattier andits parent, Pomare, Ltd.
, last week, which callss for paying unsecured creditors about 5 cents on the Wagner told the judge that the reorganization plan files on June 15 “was a placeholder,” because the sale to Maui Diversw had not been confirmed. He said he didn’g expect any change in the treatment ofthe company’s hundreds of creditor under Kang’s ownership. The 46-year-old company, whicnh claimed $23.5 million in debt in the Chapter 11 has been losingmoney “at a clip of $500,00p0 per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “vert surprised” to learn of the stock transfert onFriday afternoon.
He noted that Kang’s business is in manufacturin gapparel overseas, and said that Kang intended to take over Hilo Hattie’ s Nimitz Highway headquarters and turn it into a factory. Kang said afte r the hearing that he intended for the building to remain as a store andadministrative offices. But the judge expressed concern that Maui Divers had not reached agreemen withHilo Hattie’s most of whom have given the companyy substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatee until they knew for sure whether Maui Divers would be the new Faris also considered the transfet of stock to Kang as a second offer for Hilo and noted that Kang proposed to pay back rentds in full.
“It seems we have a seconr offer,” he said. “It may be a better Nelson said that he had had discussion with Kang over the last several months and said Kanghad “continuouslt offered to be as helpful” as he
Tuesday, October 16, 2012
Fire safety a serious side to fall festival in Arbutus - Baltimore Sun
esivyjifag.wordpress.com
Baltimore Sun | Fire safety a serious side to fall festival in Arbutus Baltimore Sun Paul Melvin, a Catonsville career fireman who also serves as a volunteer with the Arbutus department, explained the role of each part of a firefighter's uniform as he put it on, from his steel-toe boots to his hat and respirator. Everything, he said ... |
Sunday, October 14, 2012
Interior focus - Kansas City Business Journal:
youngmanmeledero1636.blogspot.com
At , Inc., that scenaripo won’t become a reality because company president Frankm Bryan and the work sitesupervisors won’t allow it. One challenge for B&Bg Specialty Contractors is maintaining a professional image amongf itsconstruction staff, something whichu is especially important due to its focus on the finish-ourt of commercial interiors. This means its employees find themselvesin industrial, hospitality, retail, medicap and education work spaces every day, a situation whicnh requires a special touch. “If you go into the officre of a companylike , they want you to hang that wall coverin g in their conference room, cleaj up and get out of Bryan says.
“They don’t want to know you were even B&B Specialty Contractors doesn’t allow its construction workers to have earrings or other It also requires them to wear shirtds with the company logo and ashirrt pocket. Shirts must also be tucked in while employees are on thejob site. The company also takes job site conductvery seriously, not allowingv cursing or any other disruptivde behavior. This has a been a significant set of rulesw forthe company’s employees since Bryanh founded it in 1977. “We work around occupie d space and we understanda company’s need to conduct its busines s and be around construction at the same time,” Bryan says.
“Wse pride ourselves on staying out ofa customer’e way as much as we can.” Anothe r of B&B Specialty Contractors’ main challenges, as with any constructionb company, is to prevent cost overruns on B&B Specialty Contractors prevents cost overruns in many but especially by carefully choosing whichh companies it partners with on jobs. The companyu might do millions of dollars of work with a particulafsubcontractor annually, which helps ensure quality because it becomess a long-term business relationship.
To maintain that work flow over the long companies will go out of their way to makesure B& Specialty Contractors, and their clients, are “By partnering with select subcontractors and doing a volume of businessa with those firms virtually eliminates nickel-and-diming the Bryan says. “Also, prompgt payment to subcontractors and vendor enables us to achievew the very best for theinvestment dollar, passing these savingws along to the client.” B&B Specialty Contractorzs also continually monitors every job to make sure it staysx on time and under making sure it keepsd the property owners and developerws in the loop of communication.
Kevijn Clarkson, senior vice president of asset servicewwith Memphis, got to know B&gB Specialty Contractors when the company was workinfg as a subcontractor for a differenrt general contractor years ago. “Through that experiencwe and after we realized that they did more thansubcontractore work, we started working with them as a general Clarkson says. B&B Specialty focus on tenant improvement and infill especially inoffice buildings, has set the compan apart when it comesd to dealing with clients such as CB Richard Ellis.
“The don’t build things out of the ground andtherefore they’re geared up to do very specifiv jobs which make up a chunm of our business,” Clarkson says. “The relationship really workas well.” B&B Specialty Contractors has been diligentt about getting good pricing and has always beenon deadline, accordiny to Clarkson. “Those qualities matcheed up one-for-one with what makes CB Richard Ellisstandc out,” he says. “We’re always deadline drive n and we’re always cost driven. It meshews very well.
”
At , Inc., that scenaripo won’t become a reality because company president Frankm Bryan and the work sitesupervisors won’t allow it. One challenge for B&Bg Specialty Contractors is maintaining a professional image amongf itsconstruction staff, something whichu is especially important due to its focus on the finish-ourt of commercial interiors. This means its employees find themselvesin industrial, hospitality, retail, medicap and education work spaces every day, a situation whicnh requires a special touch. “If you go into the officre of a companylike , they want you to hang that wall coverin g in their conference room, cleaj up and get out of Bryan says.
“They don’t want to know you were even B&B Specialty Contractors doesn’t allow its construction workers to have earrings or other It also requires them to wear shirtds with the company logo and ashirrt pocket. Shirts must also be tucked in while employees are on thejob site. The company also takes job site conductvery seriously, not allowingv cursing or any other disruptivde behavior. This has a been a significant set of rulesw forthe company’s employees since Bryanh founded it in 1977. “We work around occupie d space and we understanda company’s need to conduct its busines s and be around construction at the same time,” Bryan says.
“Wse pride ourselves on staying out ofa customer’e way as much as we can.” Anothe r of B&B Specialty Contractors’ main challenges, as with any constructionb company, is to prevent cost overruns on B&B Specialty Contractors prevents cost overruns in many but especially by carefully choosing whichh companies it partners with on jobs. The companyu might do millions of dollars of work with a particulafsubcontractor annually, which helps ensure quality because it becomess a long-term business relationship.
To maintain that work flow over the long companies will go out of their way to makesure B& Specialty Contractors, and their clients, are “By partnering with select subcontractors and doing a volume of businessa with those firms virtually eliminates nickel-and-diming the Bryan says. “Also, prompgt payment to subcontractors and vendor enables us to achievew the very best for theinvestment dollar, passing these savingws along to the client.” B&B Specialty Contractorzs also continually monitors every job to make sure it staysx on time and under making sure it keepsd the property owners and developerws in the loop of communication.
Kevijn Clarkson, senior vice president of asset servicewwith Memphis, got to know B&gB Specialty Contractors when the company was workinfg as a subcontractor for a differenrt general contractor years ago. “Through that experiencwe and after we realized that they did more thansubcontractore work, we started working with them as a general Clarkson says. B&B Specialty focus on tenant improvement and infill especially inoffice buildings, has set the compan apart when it comesd to dealing with clients such as CB Richard Ellis.
“The don’t build things out of the ground andtherefore they’re geared up to do very specifiv jobs which make up a chunm of our business,” Clarkson says. “The relationship really workas well.” B&B Specialty Contractors has been diligentt about getting good pricing and has always beenon deadline, accordiny to Clarkson. “Those qualities matcheed up one-for-one with what makes CB Richard Ellisstandc out,” he says. “We’re always deadline drive n and we’re always cost driven. It meshews very well.
”
Saturday, October 13, 2012
Report: Long & Foster president to head FHA - Washington Business Journal:
ejyceh.wordpress.com
is reportedly becoming the head ofthe . Sources confirmexd to the Washington Post that Stevens has been goiny through the necessary backgrouned checks and his extensive experience in home financinv attracted the Obama administrationbto him. He joined the Chantilly-basedd private real estate giant in July 2006 to head its affiliate d businesses before being promotee to his latest role in Before that he handledall operations, and finance for Wells Fargo Home Mortgage’sz wholesale division. He was also senio r vice presidentof McLean-basede ’s single-family business wherr he acted as spokesman and managecd all sales-related aspects.
He began his financial servicess career witha 16-year stint at , wherw he was promoted to groupl senior vice president, national sales manager for the mortgage The graduate of the at Bouldert is currently on Long & Foster’s board and the Real Estat e Settlement Service Providers Council. In response to more and more defaulted mortgages, Congress passed the National Housing Act in 1934 and createdx the FHA to insure home loans made by privat institutions and lower the risks that made thoss institutions hesitant to dish out new mortgages.
As a resultg of the subprime meltdown, FHA activity has The administration got 2million single-familt loan applications in fiscalp year 2008 -- up 161.2 percenf over 2007 -- with more than 90 perceng of applications for existing home purchases or A collection of local executives have been pickee to join the White House transition team. Julius Genachowski -- co-founde of D.C.-based venture investment firm Rock Creekm Venturesand D.C.’s LaunchBox Digital -- was tapped to be chairmahn of the Federal Communications Commission. D.C.’s Chieg Technology Officer Vivek Kundra was appointed to the new administrativd position of federal chiefinformation officer.
is reportedly becoming the head ofthe . Sources confirmexd to the Washington Post that Stevens has been goiny through the necessary backgrouned checks and his extensive experience in home financinv attracted the Obama administrationbto him. He joined the Chantilly-basedd private real estate giant in July 2006 to head its affiliate d businesses before being promotee to his latest role in Before that he handledall operations, and finance for Wells Fargo Home Mortgage’sz wholesale division. He was also senio r vice presidentof McLean-basede ’s single-family business wherr he acted as spokesman and managecd all sales-related aspects.
He began his financial servicess career witha 16-year stint at , wherw he was promoted to groupl senior vice president, national sales manager for the mortgage The graduate of the at Bouldert is currently on Long & Foster’s board and the Real Estat e Settlement Service Providers Council. In response to more and more defaulted mortgages, Congress passed the National Housing Act in 1934 and createdx the FHA to insure home loans made by privat institutions and lower the risks that made thoss institutions hesitant to dish out new mortgages.
As a resultg of the subprime meltdown, FHA activity has The administration got 2million single-familt loan applications in fiscalp year 2008 -- up 161.2 percenf over 2007 -- with more than 90 perceng of applications for existing home purchases or A collection of local executives have been pickee to join the White House transition team. Julius Genachowski -- co-founde of D.C.-based venture investment firm Rock Creekm Venturesand D.C.’s LaunchBox Digital -- was tapped to be chairmahn of the Federal Communications Commission. D.C.’s Chieg Technology Officer Vivek Kundra was appointed to the new administrativd position of federal chiefinformation officer.
Friday, October 12, 2012
Marvell to cut 850 jobs, swings to $65M loss - Silicon Valley / San Jose Business Journal:
tatyanagepoji.blogspot.com
Last year the company had net income in the same periosof $1 million, or breakeven. Santa Clara-base d Marvell (NASDAQ:MRVL) had $513 million in down from the year-ago quarter's $845 million. Excluding the company's income would have been $32 or 5 cents a share, down from the year-agpo quarter's non-GAAP income of $123 or 20 cents a share. "The result s for our fourth quarterf reflect the challenging business environmentour company, and the currently faces," said CEO Sehat Marvell estimates that the restructuring charges associated with the reduction in forcd and consolidation of facilities taken to date will be approximately $20 including approximately $14 million related to severance and othed employee benefit payments and approximately $6 milliom related to facility consolidation.
Last year the company had net income in the same periosof $1 million, or breakeven. Santa Clara-base d Marvell (NASDAQ:MRVL) had $513 million in down from the year-ago quarter's $845 million. Excluding the company's income would have been $32 or 5 cents a share, down from the year-agpo quarter's non-GAAP income of $123 or 20 cents a share. "The result s for our fourth quarterf reflect the challenging business environmentour company, and the currently faces," said CEO Sehat Marvell estimates that the restructuring charges associated with the reduction in forcd and consolidation of facilities taken to date will be approximately $20 including approximately $14 million related to severance and othed employee benefit payments and approximately $6 milliom related to facility consolidation.
Wednesday, October 10, 2012
5 Who Thrive: Four key changes enabled SuperGeeks to prosper - Pacific Business News (Honolulu):
jiqatili.wordpress.com
Hawaii-based opened three new computee service and repair centerxslast month, one each on Maui, Oahu and the Big bringing the total to seven locations statewide. He expectss revenues to exceed $1.8 million this up almost 40 percent from twoyeare ago. Kerr, who founded the business in 1998, credits most of the succesd to four changes he made in runningy the company asits CEO: Hiring a chief operating • Hiring business consultants. • Improving hiring standards. • Tapping into customet feedback. Last August, Kerr hired Elenaw Ledoux to handle day-to-dah operations as chief operating officer.
“I see good companies as havingf threelegs — the evangelizer, or workers to do the work; and managemen to handle daily operations,” Kerr “We were sort of limping along on Ledoux, a lawyer who is basecd at the main service center at 2304 S. King St., overseea SuperGeeks’ staff of 25 and is implementingb ways to measuredaily performance. That enables her to reward employeesx when goals are met and address issues when theyare not. “We’ve learnex how to keep score,” Kerr said. “We measure everythingg from performance per warranty ratesper technician, turnaround time, customee service. We measure it, post it and make the team awareof it.
” SuperGeeks services computer systems at homes and offices as well as at its Hourly rates range between $60 and Half its business comes from direct consumers and half is from corporater customers who outsource their informatiom technology support to SuperGeeks. Around the same time that he hireed Ledoux, Kerr said he sought outside business help from twolocal consultants. “I’m not a big fan of but sometimes your vision is restrictedwhen you’ve been in the businesw for so long,” he said.
SuperGeeks has been workinh with Ron Martinof , who refers to himselfc as a sales “resultant” instead of consultant, and Mike who runs , a Honolulu management and financiakl consulting firm. “Ron’s a top-of-the-lind guy and Mike’s a bottom-line guru,” Kerr “I brought them on becausw I want to spongewhat they’ve learned and help our companuy develop a sense for learning. Their impact has been For example, he said Martin has helped set daily goalsd andaction plans. He also helped to creatw an incentive program for employees to reward performance and create a sense of accountabilityfor shortfalls.
Kerr said Hulset has brought aCFO mind-setr to the company. “Wee want to conquer the world, but we have to do it with a very stablerfinancial footing,” Kerr said. “Having the dream and ambitiomn is just one partof it.” He said one of his biggestr challenges has been to deliverd consistent quality to customers and the key is hirinyg high-quality workers.
Hawaii-based opened three new computee service and repair centerxslast month, one each on Maui, Oahu and the Big bringing the total to seven locations statewide. He expectss revenues to exceed $1.8 million this up almost 40 percent from twoyeare ago. Kerr, who founded the business in 1998, credits most of the succesd to four changes he made in runningy the company asits CEO: Hiring a chief operating • Hiring business consultants. • Improving hiring standards. • Tapping into customet feedback. Last August, Kerr hired Elenaw Ledoux to handle day-to-dah operations as chief operating officer.
“I see good companies as havingf threelegs — the evangelizer, or workers to do the work; and managemen to handle daily operations,” Kerr “We were sort of limping along on Ledoux, a lawyer who is basecd at the main service center at 2304 S. King St., overseea SuperGeeks’ staff of 25 and is implementingb ways to measuredaily performance. That enables her to reward employeesx when goals are met and address issues when theyare not. “We’ve learnex how to keep score,” Kerr said. “We measure everythingg from performance per warranty ratesper technician, turnaround time, customee service. We measure it, post it and make the team awareof it.
” SuperGeeks services computer systems at homes and offices as well as at its Hourly rates range between $60 and Half its business comes from direct consumers and half is from corporater customers who outsource their informatiom technology support to SuperGeeks. Around the same time that he hireed Ledoux, Kerr said he sought outside business help from twolocal consultants. “I’m not a big fan of but sometimes your vision is restrictedwhen you’ve been in the businesw for so long,” he said.
SuperGeeks has been workinh with Ron Martinof , who refers to himselfc as a sales “resultant” instead of consultant, and Mike who runs , a Honolulu management and financiakl consulting firm. “Ron’s a top-of-the-lind guy and Mike’s a bottom-line guru,” Kerr “I brought them on becausw I want to spongewhat they’ve learned and help our companuy develop a sense for learning. Their impact has been For example, he said Martin has helped set daily goalsd andaction plans. He also helped to creatw an incentive program for employees to reward performance and create a sense of accountabilityfor shortfalls.
Kerr said Hulset has brought aCFO mind-setr to the company. “Wee want to conquer the world, but we have to do it with a very stablerfinancial footing,” Kerr said. “Having the dream and ambitiomn is just one partof it.” He said one of his biggestr challenges has been to deliverd consistent quality to customers and the key is hirinyg high-quality workers.
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