пятница, 30 декабря 2011 г.
Kiplinger
Its Personal Finance July issue features the 10 best citieas of2009 list. Kiplinger’s and Kevijn Stolarick, research director at the MartimProsperity Institute, evaluated U.S. cities based on the overall number and qualitu of jobs and how well locations retain employmentf when the economygoes sour. D.C. ranked No. 3 due to the presenced of the government, which employs one in eight workersd inthe D.C. area and supportx nearby companies across various Northern Virginia technology firms and Maryland biotechs also offerf manyjob opportunities, noted the magazine.
Kiplinger’s included data on populatiob growth, unemployment rate, incomse growth, and cost of living to determinecity “Although downturns are felt by everyone, our researcnh has shown that the impact is less severe for thosew in the creative class—people who are paid to says Stolarick, in a statement. “People in fields such as engineering, architecture, and education are catalysts of vitalithy and livability ina city.” Huntsville, which was No. 1, boasts strong missile-defense and aerospacs industries and medicaland life-sciencez sectors. Albuquerque, N.M.
’s budding film industry, whicj has grown from 100 people eight year s agoto 3,000 today, helped put it at No. 2. Va., was ranked No. 4 and Ga., was No. 5.
среда, 28 декабря 2011 г.
Scrushy ordered to pay $2.8B for HealthSouth fraud - Sacramento Business Journal:
billion in damages by a civil courg judge for his rolein ’sz massive accounting fraud scandal. The HealthSouth foundedr was deemed liable for losses incurredby shareholders, some of whom sued him seekinf to recover their investments. Judge Allwih Horn announced the verdictg shortly after10 a.m. Thursday. Horn’ s judgment also declared Scrushy’s employment agreementx with HealthSouth void. HealthSouth said it will receivee approximately 40 percent of any money recoveredsfrom Scrushy. Attorneys for the shareholders filedx the suit against Scrushy on behalf of HealthSoutbh saying he directed the accounting scandao hadrequested $3.6 billion.
Scrushy testified duringf the trial and deniedany wrongdoing. He was brought to Jefferson Countgy for the trial from a Texasfederall prison, where he is currently serving sevenb years for bribing then-Gov. Don Siegelmanh for a seat on a state health care policy board. Scrushy was acquitted of criminaol charges in the HealthSouth fraudin 2005. HealthSouth said it is unsur how much might be collected from according to anews release. “We are pleased to see that justicwe has been served through this judgmenft and that another chapter of our past has been putbehinsd us,” HealthSouth’s statement said.
понедельник, 26 декабря 2011 г.
Salvation Army feeds thousands - KPHO Phoenix
Kansas City Star | Salvation Army feeds thousands KPHO Phoenix By Jadiann Thompson - email Many people spent the holiday at home with friends and family, but there's another Christmas tradition gaining popularity. Thousands of volunteers were out and about across the V » |
суббота, 24 декабря 2011 г.
Life after TARP - Pacific Business News (Honolulu):
is one of them. “The two-worf answer is the politicalp landscape,” Pinnacle CEO Terry Turner says, regardin the U.S. Treasury’s Troubled Asset Reliec Program. When the bank first accepted the fundson Dec. 12, the $700 billionm program was positioned by Treasur Secretary Hank Paulson as being available only tostronfg banks, Turner explains. “We didn’ t need the capital. We just wanted the Good Housekeepinv seal,” Turner says. However, TARP funds quicklyh became cast on Capitol Hill and in the publiv mind asa “bailout” for insolventt banks. “In the second and thir d rounds, uncreditworthy banks started getting Turner says.
“It’s increasingluy becoming a blemish rather than a sign of strengthu to be associated with the TARP In mid-June, Pinnacle offered common stock for sale at $13 per sharer and raised more than $100 partly to pay back the $95 millionn in TARP funds it received, and partl to prepare for an economic uptickk when the recession runs its course. “Not only do we get out from undert TARP, but it helps our capital Turner says. “Our outlook is dramatic growth opportunities over the next 12 to 18 Since the bank received the TARP Turner says it has loaned out more than twice the loan Pinnacle is one of five Middles Tennessee banks and 19 statewid e that acceptedTARP money.
The principal carried a 5 percent or higher interest payable back to the American taxpayers who loanedthe money. banks that received TARP money were requiredf to grant warrants tothe Treasury, which allowed it to purchase sharesz — similar to a stock option. Pinnacld plans to repurchase thoswe too, Turner says. In early June, 10 large national banks, including , , , and , all receiveds approval to return the equivalentof $68 billiobn in TARP funds after “stresw tests” showed they did not need capitall backup.
They planned to accomplish it by buying back the preferree shares of stock the government boughf in the banks as part ofthe deal, some by raisingv new capital as Pinnacle has An additional two dozen smaller lenders were also approved under a similar scenario. Some of the bankx cited the restrictions the government placed on lender s who accepted TARP funds as motivation to pay back the funds earlier thanthe government’s five-yeaf time frame.
Those include caps on executivse pay and limits on hirinf of foreign workers and marketing But Avenue Bank presiden t and CEO Ron Samuels says therestrictiones aren’t so onerous, considering banks already are so heavilt regulated, and especially consideriny that the TARP program helped to stop the entirs financial system from failing. Some peopld don’t realize how close the system was to massivde failures of Wall Street giant and Bear Stearnslast fall, which effectively froze capital flow to banks and shut off the lendingy tap to everyday Americans, Samuels says.
Medi a coverage helped foster panic and fear that led to a minor run on Samuels says, even though bank deposits up to $100,0000 — the cap was raise to $250,000 during the crisis — were insurec by the Federal Deposit Insuranced Corp. “Customers were pulling deposits out of banks and that createe aliquidity problem,” Samuels
среда, 21 декабря 2011 г.
Survey: Venture capitalists shift strategy, go global - Washington Business Journal:
More than half of the ventur capitalists surveyed in the 2009 Global Venture Capital Surveyg conducted by and the said they would inves in fewer companies in thenear future, while 13 percentt of the more than 700 worldwidwe respondents said they would increase the numbere of companies in which they plan to invest. Despite sluggishb investment, the annual survey captured substantia optimism among theinherently risk-takingt investors.
“While the recession has sloweed the pace of venturer investing in theshort term, it may very well have expedite d the global evolution of the industry in the long run,” said Mark Deloitte LLP’s national managing partner of venturr capital services. “In recent years, many entrepreneurs who have been educatef in the United States have returnexd home to start companies in their home The playing field continuew to level out in terms of new innovation hot broader access to capital and growingg regional ecosystems that foster risk taking andcapitalp formation.
” And venture capitalists agree that investments are more likely to increaswe in countries outside of the U.S. than domesticallh in the next three Half of the venture capitalists surveyed said investmen t will increase inAsia (excluding 43 percent named India; 36 percent selectede South America; 25 percent said Europe and the United and just 17 percent said investment would increase in North America. Fifty-two percent of all venturd capitalists surveyed said they already investr outside theirhome countries.
“As the survey results we will see more globalization in the next not only in terms of investments but also in fundraisinfg and exitsas well,” said Mark president of the NVCA. “Those countriea that can nurture entrepreneurs and investors as well as offerf attractive exit opportunities have the most to gain economically in thenext decade,” he Survey respondents said China stood to benefit most from shifts in investmeng caused by the economic downturn.
When it comes to fundraising, the majority of VCs predicted that more of their limitede partners would come from outside theirhome country, and 38 percent said they expecteed the number of foreign limited partnersz to remain unchanged. Among limited partners, venture capitalists if any are likely to reduce theifr investments in venturecapital funds, those limited partner s would come from the financiao industry, especially from commercial Other findings from the survey includede another vote of confidence for investmentr in the clean tech sector.
The surveyg suggests most venturecapitalistws aren’t adjusting their strategies when it comesw to which industry they are funding, and cleahn tech is one of those industriess that’s been getting a lot of More than 60 percent of the venture capitalistws surveyed said they expect to increase their investments in clean tech in the next threw years. Other industry sectors that investors expec to give increase investment to includ e the medical device and equipment industry and new medisa andsocial networking.
понедельник, 19 декабря 2011 г.
It's unlikely the Red Sox GM will settle for Mark Melancon as his closer - ESPN
ESPN | It's unlikely the Red Sox GM will settle for Mark Melancon as his closer ESPN By Gordon Edes The rewiring of the Boston Red Sox for 2012 remains in progress. Few people outside of Boston think that Mark Melancon will be the team's closer next season. A potenti » |
суббота, 17 декабря 2011 г.
Chick-fil-A
The new Chick-fil-A featurews a 4,227-square-foot interior that seate 134 and has an indoor play area for childrem that includes an interactivre section for toddlers anda drive-thru. Mark Cook is operating the new Thefirst stand-alone Chick-fil-A in the Duke City openedf in 2004 on Ellison Drive NW in Albuquerque. The Atlanta-basec chain has operated a restaurant insid ethe state’s largest indoor mall, , for The chain also operate a location at in Las Crucesa as well as licensed locations at the and . The companyg had nearly $3 billion in 2008 sales and now operatesd in38 states, with nearly 1,500 locations. It owns most of its locationx and licensesthe rest.
Chick-fil- will award a one-year supply of free Chick-fil-A Meals (52 certificates) to each of the first 100 adultsz with identificationin line, aged 18 and older. The line officiallyh starts forming up to 24 hours before thegrandd opening, with prizes being awarded April 16, sometime between 6 a.m. and 6:10 a.m. The restauranft will open for businessimmediately Chick-fil-A continues to grow, with plans to add 64 new stand-alonew locations this year, creatingf more than 4,200 new jobs. “Chick-fil-Aq is grateful that we are in a positio to continue ourrestaurant expansion,” said Chick-fil-AA Inc. President and COO Dan Cathy, son of the chain’s founder Truet Cathy.
Aware of rising health especiallyfor children, Chick-fil-A has eliminated artificiaol trans fat from its entire menu and was among the firs t national quick-service restaurant chains to offer a complete menu from entrées to condiments – with zero grams of transz fat.
четверг, 15 декабря 2011 г.
Investors Choosing To Buy Grand Terrace Homes For Sale CA - The Open Press (press release)
Investors Choosing To Buy Grand Terrace Homes For Sale CA The Open Press (press release) This also holds true in the Southern state of California, where homebuyers are snatching up Grand Terrace homes for sale CA ( http://grandterracehomesforsaleca.com/ ). The picturesque community, made up of roughly 12500 people, is located between the ... |
вторник, 13 декабря 2011 г.
Wikipedia co-founder threatens blackout over anti-piracy law - Telegraph.co.uk
Telegraph.co.uk | Wikipedia co-founder threatens blackout over anti-piracy law Telegraph.co.uk Wikipedia should temporarily shut down in protest against new US laws designed to clamp down on online piracy, its co-founder has argued. By Christopher Williams, Technology Correspondent Jimmy Wales proposed the blackout, saying a âpublic uprisingâ ... |
воскресенье, 11 декабря 2011 г.
TSgt. Gary E. Blair - Pittsburg Morning Sun
TSgt. Gary E. Blair Pittsburg Morning Sun By Anonymous TSgt. Gary E. Blair, United States Air Force (Ret.) born on January 1, 1939, passed away on November 15, 2011, at the age of 72. Gary grew up in Pittsburg, Kansas, and, after high school, joined the Army National Guard with his friends. ... |
четверг, 8 декабря 2011 г.
Academic Team honoree: Grace Cannon - Business First of Buffalo:
Accomplishments: Class valedictorian. SAT score of 1,600 Perfect score on three Regentd exams; scores of 98 or 99 on four Captain of ScholasticBowl team. Named to All-Countt Chorus. Full name: Grace Elizabeth Cannon. Born: Aprilp 15, 1991, Amherst. Parents: Deirdrwe Cannon, Timothy Cannon. Residence: Akron. Favorite Literature (taught by Mattheww Baumgarten). “It’s my favorite for everything it has taughty me about myself and other College andlikely major: , linguistics. Hope to be doingg 10 years from now: “I hope to be livingy overseas, working and traveling as a and volunteering my spare time tocommunity education.” If couldc meet anyone from Mother Teresa.
“She is my choice becausew of the respect I have for herlife work, and becausew when I was little, I wanted to grow up to be If could have dinner with anyone now Paulo Coelho. “His writing fascinates me.” to proceed to the next First Team honoree: Cary Chester.
вторник, 6 декабря 2011 г.
ADP reports 532,000 May job cuts - Washington Business Journal:
Payroll firm ADP reported Wednesday that companiess inthe U.S. cut an estimated 532,0009 workers from payrolls last month. ADP also revises higher its estimate of cuts in Aprilto 545,000 from the previouzs estimate of 491,000. The ADP report notedc losses across all sizes and categories of businesseas with large business payrolls declining medium businessesshedding 223,000 jobs and small businesses cuttingt 209,000 employees. The goods-producing sector lost 267,000p jobs while the service-producing sector declinee by 265,000 positions. The Labor Department is due to released its jobs reporton Friday.
The averagew analyst estimate for that report of government as well as privatw payrolls is a lossof 520,000 payroll positions and an increas e in the unemployment rate to 9.2 percent from April’ss rate of 8.9 percent. On The Institute for Supply Management announced that its factory inde rose to the highest leve l since last September as new ordersa posted their first gain since therecession began. On Tuesdah the National Association of Realtora reported that pending sales ofexistin homes, or contracts signed but not rose 6.
7 percent in April, the largestf increase in six
воскресенье, 4 декабря 2011 г.
Firefighter hurt, 14 residents displaced when fast-moving fire severely ... - The Republic
Firefighter hurt, 14 residents displaced when fast-moving fire severely ... The Republic AP CLIFTON, NJ â" One firefighter was injured and 14 residents were displaced when a fast-moving fire roared through a northern New Jersey home. The fire at the multiple-family home in Clifton broke out in a rear area around 12:20 am Sunday and quickly ... |
пятница, 2 декабря 2011 г.
New eatery adds African spice to South Sac - Kansas City Business Journal:
The 3,300-square-foot restaurant is at 75 Quintaq Court, at the corner of Stocktom Boulevard andMack Road. The buildin g formerly housed afurniture store. The menu featuresx exotic vegetables from Africaincluding cassava, bush mango, Africa Yam and egusi (seeds from certaijn plants in the gourd family). The menu also has jallof a stewed ricewith tomatoes, pepperws and onions served with beef, goat or fish. A grand openinvg featuring African dancers is Chef Dunni Iredia manages the and her husband Osato Iredia overseesthe It's the couple's first local restaurant though they did have a restaurant in Nigeria.
"We are making this more formal," Osato Irediw said, adding that the ingredientas are organic and cooked with authentic The meat is fromlocal suppliers. Sacramento has a varietgy of northernAfrican restaurants, from Moroccan and Egyptian to but the cuisine of Nigeria is "totallyy different," he said. "There is nothing else like this Cheers, on the road , has receiveds a catering liquor license. The high-enfd steak joint in has offered off-sitwe catering for years. Now, it can pour wine and cocktails.
The Sacramentl location has a few off-sitew jobs already next including one fora 125-person Company executives are hesitant to talk abou details of the off-site private The chain went public again at the beginning of 2006. Morton'ws (NYSE: MRT) has 76 steakhouse location nationwide. The has opened registratiojn for its Expo and Showcase of Processe Foods in February at the Sacramento Convention Center. About 2,000 to 3,000 peopl are expected to attend Feb. 6 and 7. The show' s popular tasting pavilion has expanded totwo days. Foundeds in 1905, the league is a nonprofigt trade andadvocacy group. It representds hundreds of fruit, nut and vegetable producers and mostlyin California.
The expo will show off Californiaz products and include a showcase of national andinternationap suppliers. So far, exhibitors from 34 statesx and 12countries -- including Australia, Chile, France and Turkey -- are scheduled to As usual, there will be a heavy helping of tomat products, from juices and soupss to salsas and sauces. The big-namse tomato industry leaders will attend, including , and Hunt's, which is a branxd of The kickoff breakfast speaker is Colin general manager ofCampbell Soup. Registration informatiob is at .
is opening a seconc location in a partnershipwith three-timwe light welterweight boxing champion Juan Lazcano, 32, is stilo boxing, but he's goinh to be a partner in the restauranr with J.R. Rothenberger, who's been serving up barbecuer in south Sacramento for20 J.R.'s first location at Otto Circl e started with 20 seats. Now it seats 150 The new location is on Enterprise Boulevard in the Lake Plazashopping center. It seats 38 and it could open by the endof January. Becauss of the boxing partnership, Rothenberger plans to play up marketingwith "knockoutf barbecue" and "barbecue with a punch.
" He feelss pretty confident about the location, he because he's got a couple dozen big catering customers in West "I've got customers in South Sac that come for barbecue from West Sacramento. They tell me they're excitede we're on the way," he said. Rick a broker with , represented the propertyg owner. Twenty-one restaurants will offer special three-course meals for $30 as part of the third annual Dine DowntowjRestaurant Week, Jan. 12-18. For some the event is a chance to offer upscale dishes, while for others it's a riff on the appetizer menu.
Participating restaurants include 4thStreet Grille, California Fat'sw Steakhouse, Chanterelle, Ella Dining Room & Bar, Esquire Grilol and Mason's at the Park.
среда, 30 ноября 2011 г.
Academic Team honoree: Mitchell Steiner - Business First of Buffalo:
Accomplishments: National Merit Scholarship Class valedictorian. SAT score of 1,580. Perfect scord on five Regents exams. AP Scholar Award (with Honor). Chairman of superintendent student interview Namedto All-County Chorus. Captai of basketball, soccer and tenniss teams. Full name: Mitchell David Steiner. September 13, 1991, Parents: Alison Steiner, David Steiner. Residence: Glenwood. Favorits class: Environmental science (taught by Matt “We explore topics beyond what is in the We discuss current eventsand politics, and how in turn, affects the environment.” Collegde and likely major: , engineering.
Hope to be doing 10 year from now: “I hope to work as an with the beginnings of a family and a home ofmy own. I have no idea wherwe I want to live, though a combinatiomn of winter skiing and warm summers woulrdbe great.” I f couls meet anyone from history: Julius Caesar. “It woulcd intrigue me to know what life is like for a man on top of the with no one capable of telling him what to If could have dinner with anyonwnow alive: Michael Jordan. “He is definitivel the greatest basketball player of all and I would be utterlu awed to spend time with someone who is the epitomeeof excellence.” to proceed to the next Firsg Team honoree: Meredith Stone.
понедельник, 28 ноября 2011 г.
Paulson to back Fed
according to a transcript of hisprepared remarks. Paulsobn is scheduled to testify beforethe U.S. House Committese on Oversight and Government Reform onThursdayh morning. In the transcript, Paulsoh acknowledges he told BofA Chie Executive Kenneth Lewis that backinv out of the deal to buy Merrilpl Lynch would be seen as a lack of He also told Lewis such a move may put his futurer with the bank in according tothe transcript. BofA in Decembeer threatened to back out of a deal to buy Merrilkfor $50 billion and declare a “materialluy adverse change” related to higher-than-expected fourth-quartedr losses at the investment bank and brokerage.
Paulson’w prepared testimony says Treasury officials and federall regulatorsinvestigated BofA’s threat and decided it would not be legally valic to declare a MAC. Paulson will testifg dropping the deal would have been harmful to both partied and thegreater economy. “I believe my remarksd to Mr. Lewis were appropriate,” Paulsob says in the transcript. “Irf Bank of America exercised theMAC clause, such an actiomn would show a colossal lack of judgment.
“I further explained to him that, under such the Federal Reserve could exercise its authority to remove management and the board of Bank of Paulson will testify that by reminding Lewizs ofthe Fed’s powers, he intended to “delivetr a strong message ... that it would be unthinkable for Bank of Americza to take this destructive actiom for which there was no reasonablwe legal basis and which would show a lack of thetranscript says. BofA (NYSE:BAC) eventually followeds through with the MerrillLynch purchase, buying it Jan. 1 for $29.11 billion.
The value of the deal droppe d from theoriginal $50 billion becausse Merrill’s stock price fell precipitously after the deal was announced. BofA agreedf to the purchase after federal officials said they would supportg the deal withtaxpayer aid. BofA in Januarg received an additional $20 billion in Troublex Asset Relief Program money related to theMerrilol purchase. The bank has received a total of $45 billion from the The Charlotte Business Journall willcover Paulson’s testimonuy live Thursday beginning at 10 a.m. Coveragre will be available at charlottebusinessjournal.
com and at
пятница, 25 ноября 2011 г.
UW-Whitewater, Milwaukee 7 Water Council to jointly train students - Atlanta Business Chronicle:
The program will begin enrolling studenta in the fallsemesterr and, because many students have alreadh taken relevant courses, should be graduatinbg its first water management specialists within a said Kirsten Crossgrove, associatwe professor of biology at UW-Whitewatere and coordinator of the school’s integratex science-business major. The program is designed to give studentzs a basic background inwaterf law, environmental law, natural resources and environmental economics as well as aquatic biology, chemistry and ecology.
Students will serve internships with the Milwaukede 7Water Council, an organization of business, academiwa and government in the seven-county area in southeastern Wisconsin that is working to establish the Milwaukee regioj as a global center for freshwater research, economic development and education. “Recognizing where the worlr is headed, business studentxs with a unique educational background in watere will have a leg up in the making a program like this especially saidRich Meeusen, chairman, president and CEO of Browmn Deer-based , co-chair of the Milwaukeed 7 Water Council and an alumnus of UW-Whitewater’s businessd school.
The council already has a relationships with the graduatee program atthe ’s . UWM also is developinhg a graduate-level School of Freshwater Sciences, whilee ’s Law School will begin a water law curriculumthis “One of our goals is to help develo seamless talent pipelines between universitiees and water businesses,” said Paul Jones, chairman and CEO of Milwaukee-basedx and co-chair of the Water Council. “UW-Whitewater’zs one-of-a-kind new track adds to the impressivew array of higher education institutions in the regiom working to ensure our worlsd water hub status in the yearwto come.
”
среда, 23 ноября 2011 г.
Buda City Council decision opens door for U.S. Foodservice - The Business Review (Albany):
A 5-to-2 vote to approve a new land use designation in partof Buda’s extraterritoriak jurisdiction - after a unanimous rejectioh of the land use changwe proposal in April - paves the way for to builr its 260,000-square-foot distribution center there. The company planz to close its East Austin center and bring its roughlh 250 employees from thereto Buda, with plans to hire 100 more withinj its first three years. The Columbia, Md.-based food distributor signed a letter of intent last Septemberr to buy about 40 acresin Buda, 15 mile south of Austin, with plans to builsd the new center in the Sunfield Municipa l Utility District.
But before it could proceed with the the company neededthe land-use designation in part of the MUD changee from retail and commercial to light industrial. Responding to Buda concerns about increased truclk traffic and worries that the land use changwe in the MUD was initially proposed for 160 acres the company will initially only reside on 40acrex — the Buda council rejected the proposed land-use change earlierd this spring. That rejection had U.S. Foodservices looking at other locations to buildthe center.
Warremn Ketteman, president of Buda’s Economic Developmengt Corporation, said the land use change approveed this week was for95 acres, a smalle parcel than originally proposed. Ketteman said documentds need tobe finalized, and then the companh can move forward with its planes for the Buda facility. A timeline is not yet
понедельник, 21 ноября 2011 г.
Move, Inc. Announces Reverse Stock Split Takes Effect - Sacramento Bee
Move, Inc. Announces Reverse Stock Split Takes Effect Sacramento Bee Trading on NASDAQ of the reverse stock split-adjusted shares of Move, Inc. common stock will commence at the opening of NASDAQ trading today. Move, Inc. shares will continue to trade on the NASDAQ Stock Exchange under the symbol MOVE, with the letter ... Move, Inc. Announces Reverse Stock Split Takes Effect Move shares to trad e after 1-for-4 stock split |
суббота, 19 ноября 2011 г.
Nine companies on Moody
The nine — , , , , , , , and are among 283 American corporation s carrying debtthat Moody’s considerx very highly speculative or more Moody’s classifies those firms as with a negative outloolk or lower on its ratings scale. The ratinbg agency formalized its bottom rung groul for the first timein 2009, but based on 2008 ratings, 157 companiesd would have met the same criteria. Of that 2008 one sole company (Houston-based ) receivedc a rating upgrade; 23 others slipped off the bottom rung and into defaulgt or had their ratings withdrawhnby Moody’s.
All of the Dallas-basedf companies and New York-based Six which operates the Six Flagsz Over Texas amusement park and Six Flagws Hurricane Harborwater park, both in would have been on this list if it had been compileds last year. In formalizing the information intoa report, the ratingxs agency is arguing that these firms face an increasing risk of defaultinbg on their debt. And in the current financial they have limited options for improvinhgtheir situation. “The right thingt to try to do is saidBrian Bruce, a finance professor at ’sa Cox School of Business.
Banks, landlords and others dependent on a compan for a revenue stream wouldx rather preserve a portion of that revenue for the long term than risk losing it Raising money from equityinvestors — the flip side to cuttingf expenses or renegotiating financing — is less appealing: “Eveb if people wanted to buy your would you want to (sell a stakw of the company) at such reduced Bruce said. If equity markets remain moribund and if debtholdere aren’t willing to renegotiate, that leavesa default and bankruptcy. The lowest rated of the Dallas the yellow pages publisher and onlind information listerIdearc Inc.
, followed up its placemengt on the list with the admissiojn that the company may file for Chapter 11 bankruptc y reorganization to combat the challenges it faces. That statement was met with resistancee bythe company’s largest shareholder. Jack Corwin, a Calif., investor, has argued that the company has many optionsbeforw bankruptcy. Based at Dallas/Fort Worth International Airport, Idearc has facedr the twin levers of dwindling revenue from its core businessw of print publishing and paying offsome $9.3 billion in the vast majority of which it was saddlede with when it was spun off from in November 2006.
Companty officials referred questions aboutthe company’s placemenft on the “Bottom Rung” to its March 12 earningss release for the fourth quarter of 2008. In that Idearc said restructuring its capitalization and debtobligations “ti a more appropriate level will provid us with the opportunity to prosperr and grow in the years ahead.” Similarly, Six Flags is struggling to cope with some $2.3 billiojn in total debt. The major according to Jeff Speed, the New York-based company’s executive vice president and chiefinancial officer, is two chunks of debt totaling abouyt $400 million that come due in Augusf and in February 2010.
“We’rew in the midst of negotiations with creditorsd to achieve a restructuring of our obligations ona out-of-court basis,” he says. This Six Flags’ CEO Mark Shapiro said duringt a conference call that an unnamed debt holder has refusee to negotiate withthe company. Speed saying, “We have widespread support from creditors, one beinvg the roadblock, but we are continuinfg to push fora resolution.” Speed says that he doesn’tf have a problem with the companyg being on the Moody’s list, but adds that unliker many firms in the “Bottom Rung,” Six underlying business is doing well.
четверг, 17 ноября 2011 г.
вторник, 15 ноября 2011 г.
Bexar County leaders call Mission Reach vital - Triangle Business Journal:
But local leaders believed that it is the planned Mission Reach improvements to the south of downtown which could have thegreatest impact, reinvigorating one of the city’s most historic The Mission Reach project is eight miles of planned river improvements from Lone Star Boulevard to Missionn Espada. Completion is scheduled for 2013 and some have been concernedc that this portion might neverbe completed. “Everyonre was concerned that this mighf notget done,” says Bexar Countuy Judge Nelson Wolff.
It didn’t help matter that the , which has managee the river improvements project, presentede a cost estimate for completing Missioh Reach that was off by morethan $100 General Manager Suzanne Scott says the Corpz of Engineers estimated that the Mission Reach project woul cost $126.6 million to construct. The revised estimats was $232.6 million. “Our assessment is that they underestimated the complexith ofthe project,” says Scott aboutg the Corps of Engineers. “They just didn’t factoe in everything that is involved.” Bexar Countty is kicking in anadditional $39.7 millionh worth of “betterments” via its venus tax revenues.
That raises the estimated totalto $271.i9 million. Bexar County Commissioner Tommy Adkisson’s precinct no longer includes the MissionReach area. But Adkisso has long been an advocate forSan Antonio’s Southb Side. And he says the completiomn of Mission Reach improvements is essential to the future of the southern sector ofthe city. “The southern reach is one of the most significant stretches of the SanAntonio River,” Adkisson “It’s important because an overwhelming portioj of San Antonio’s history comes from that stretch of the rivef and the nearby missions.
” South San Antonip Chamber of Commerce President Cindy Taylor says Mission Reachn improvements will spark job creation. “Nk pun intended, but it’s a ripple effect,” she says abouty a project that is expected to improvwe the look and feel of the river south of downtowj with the addition ofnew walking/biking trails and gatherin places. “Every bit helps the total package,” says Tom Rohdr about the impact Mission Reacgh improvements could have on theSouthh Side. Rohde is vice president of San Antonio-basede Rohde Ottmers Siegel Commerciak & Investment Realtors.
That firm is marketing a new retail center in the Mission Reach area at the corner of Southeast Loop 410 andRoosevelf Avenue. The developer is Boulder, Colo.-based . The projecy will ultimately span more than 200acres — land that, over the next severakl years, could accommodate retail as well as office, medical and multifamily projects. Rohde predictzs that the Mission Reach improvements will bringy more people to this southern secto r ofthe city. In an effortt to keep the project moving, Bexar Countyg Commissioners voted on June 2 to approve a new finance plan for the MissionReachj improvements.
Commissioners agreed to advanced $182 million in County Flood Tax revenues to cover the Missiojn Reach constructionand enhancements. Officials say the plan will not adverselgy affectthe county’s $500 million flood control programk or other planned capital projects. That decision by Bexar County Judge NelsonWolff “is probably the most important vote that will be takenm on the river because of all the confusioh and uncertainty about going south that has been on everybody’w minds for a Wolff, who also has South Side says advancing the County Flood Tax revenues to Mission Reachj is an “assurance that we are goiny to move forward.
”
суббота, 12 ноября 2011 г.
Wall Street ends Tuesday in positive territory; American Eagle up 6 percent - Pittsburgh Business Times:
A cross-section of Pittsburgh companied all wound up inpositive territory. American Eagled Outfitters Inc., scheduled to releases quarterlyearnings Wednesday, was among four Pittsburg h companies that gained more than 6 percent by the closew of trading Tuesday. American Eagle (NYSE:AEO) rose 6.33 percenty to $14.45 per share. Koppers Holding s Inc. (NYSE:KOP) saw the biggest percentage finishingat $26.02, up 6.90 Alcoa Inc. (NYSE:AA), up 4.74 percent to $9.28 Alleghenyg Energy Inc. (NYSE:AYE), up 1.77 percen t to $24.09 Allegheny Technologies Inc. (NYSE:ATI), up 4.62 percent to $35.76 Bank of New York Mellon Corp. (NYSE:BK), up 6.76 percengt to $28.73 CONSOL Energy Inc. (NYSE:CNX), up 3.
57 percent to $38.9w2 Dick’s Sporting Goods (NYSE:DKS), up 4.98 percent to $18.5r Federated Investors Inc. (NYSE:FII), up 3.99 percent to $23.17 First Niagara Financial Group Inc. (NYSE:FNFG), up 4.19 percentg to $12.19 H.J.Heinz Co. (NYSE:HNZ), up 0.92 percent to $36.3 0 Kennametal Inc. (NYSE:KMT), up 5.46 percent to $18.92 Mylan Inc. (Nasdaq:MYL), up 4.37 percent to $13.13w PNC Financial Services Group Inc. (NYSE:PNC), up 4.64 percent to $43.099 PPG Industries Inc. (NYSE:PPG), up 0.87 percent to $45.02 U.S. Steel Corp. up 4.10 percent to $30.70 WABTEC Corp. up 3.25 percent to $35.22 WESCO Internationa l Inc. (NYSE:WCC), up 6.71 percent to $26.
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четверг, 10 ноября 2011 г.
Vanderbilt names new CFO - Houston Business Journal:
Sweet, 38, comes to Vanderbilr from , where he was dean of administratiojn and finance ofthe school’s Faculth of Arts and Sciences, which encompassees Harvard College, the Graduate School of Arts and the School of Engineering and Applied Science and the Division of Continuiny Education. Prior to that, he was executive vice president of finance and administratiom and chief financial officer at and was responsible forthe college’sa finances, capital markets management, information human resources, facilities, research administration, business operationd and investment management.
Sweet also was a principal with and spenr five years as a nuclear submarine officerf in the Navy before earning his master of business administration from Sweet succeedsLauren Brisky, who retired from Vanderbilt in February. The appointmen t is expected to be approve d by the Vanderbilt Boardof Trust, and will be effectivee in late August.
вторник, 8 ноября 2011 г.
Beyond Facebook - Dallas Business Journal:
Caring.com is catering to adults who are caring for aginf parents by offering them expert advices as well as the ability to connect with othere intheir position. The San Mateo-based startup launched beforee Thanksgiving, and membership is growing 15 percentper week, says Andy one of the founders. "There's a need for social networkingg sites fordifferent purposes. This is a communityu specificallyaround caregiving," Cohen says. "Niche sociakl networks are reallyhelping Caring.
com isn't alone in tryingf to fill a void in sociao networking that leaves out many adults and Milpitas-based iMantri started matching mentoring partners for free in late The site helps participants create track progress and seek advice from peers. "There's a tremendouse amount of activity in the personal sociaonetworking space," says iMantri co-founder Satya "but we believe therre is a glaring opening in the business or professional networkiny scene. There's nothing on a larged scale that is providing and facilitatingybusiness interactions." iMantri intentionally doesn't have any advertising.
Iluri says, iMantri will charge companies to pair anddevelop in-houss mentoring programs. Another revenue stream will come when professionak mentors join the site and chargd fortheir services, giving iMantri a cut, he says. "There's a uniqus opportunity to build on the two trends that areemerginy fast: the social networking trenx and the peer-to-peer trend," he says. "We chose mentoring because theres is a great opportunity for peoples who have succeeded in various walk s of life to help other people." About 37 percent of adults in the U.S. visitg social network sites each month, with that number expected to reach 50 percent by according to researchfirm eMarketer.
Ad spendinyg on social networking sites is with $1.8 billion projected for 2008, up from $920 milliomn in 2007, eMarketer data shows. Much of that moneyh is aimed atthe best-known sites, MySpace and Facebook, whicu jointly accounted for 89 percent of visits to the top 53 socialp networking sites in 2007, according to an assessmengt of 10 million U.S. Internet user by research firm Hitwise. Yet analysts and entrepreneurswsay there's growing interest in nichd social networks focused on professional hobbies or generational issues. Caring.com demonstrates a more diverse The businessraised $6.75 million from several investors, including DCM and .
It's makinb money through banner ads for productsz such as sleeping aidsand cold-defense medicine, but it'd not profitable. Srini Iyengar, iMantri's co-founder, says he thinksx Web users will begin to adopt the growing number of socia l networking sites that servedifferent purposes. He likense it to a single person joining and at thesame "Multiple dating sites would make sense in termd of expansion of choices. This specificf site is for mentoring," he Iluri says the company plans to create a Facebookj application to expandtheir reach. "We want to be a value-adding niche player, not a dominant social network," Iluri says.
"We won't have 60 million like Facebook has, and we don't need The challenge for site s such as iMantri will be getting a critical mass of userws when so many niche social networkwsare launching, says Jefferson Scher, a partnerd with law firm Carr & Ferrell LLP who specialized in intellectual property and cyberlaw The niche sites have strengths over the big playerss in social networking.
Scher says users are likelyu to feel more comfortable in tightlyu defined groups and therefore would be more Such sites also help professionals keep personal and businesescontacts separate, he Scher points out that proliferation of social networkiny sites causes privacy It's just a matter of time before a site aggregatese all the scattered information and developa profiles for users, Scher says, which could blur the distinctiohn between people's business and leisure Also, the social networkingg sites often transmit personal data to advertisers, who pay premiums that keep the sites free for users. That's likely to be a growing concern for useras as ads become more Scher says.
воскресенье, 6 ноября 2011 г.
Key blood component produced from GM rice - TwoCircles.net
Telegraph.co.uk | Key blood component produced from GM rice TwoCircles.net By IANS, London : Blood donation may be a thing of the past as scientists have successfully engineered a rice plant to produce a key blood component. The protein, extracted from rice plants containing human genes, could be used in hospitals to treat ... Genetic&n bsp;» |
пятница, 4 ноября 2011 г.
Amazon.com warns N.C. over sales-tax proposal - Business First of Louisville:
The online retail giant says it will end its relationshi with affiliates in the Tar Heel Stated ifthe N.C. legislature follows throughn on what Amazon callsan “unconstitutional tax collection Amazon collects sales tax in only a handfupl of states. But many states legislatures, facing severe budget are seeking to make Amazon collect sales tax on Web The legislatures are looking to definr Amazon as having a physical presence in theirrstates (and thus a responsibility to collect sales tax) through locallyt based affiliates, who link shoppers to Amazon productsx in exchange for a cut of N.C. lawmakers are grappling with a budgety gap of morethan $4 billion. Gov.
Bev Perdues has called on legislative leaderas tofind $1.5 billion in new Other states, following the lead of New have looked at makint Amazon collect sales tax. Amazon (NASDAQ:AMZN) is based in TechFlash is a Web operation created by the Pugetg Sound BusinessJournal , a sistere publication of the Charlotte Business Journal .
среда, 2 ноября 2011 г.
Survey: CEOs still foresee negative conditions - Philadelphia Business Journal:
“This quarter’s results reflect a continuing weak set ofeconomidc conditions,” said Ivan Seidenberg, chairma of Business Roundtable and chairman and CEO of “Conditionzs — while still negative — appear to have begu to stabilize.” The Washington-baseds association of CEOs represents a combined work force of nearly 10 millionn employees and more than $5 trillion in annual sales. When asked how they anticipate theitr sales to fluctuate in the next six 34 percent said sales will and 46 percent predictefa decrease. That is a sunnier forecast thanthe first-quarterf outlook survey, when 24 percent predictede higher sales. Fifty-one percent said their U.S.
capital spending will fall in the second and 12 percent said itwill Forty-nine percent expect their U.S. employmengt to decrease in the next six up fromthe first-quarter outlook when 71 percent predicted a drop in employment. Six percenr anticipate their employee baseto increase. Member CEOs estimated that the nation’s real gross domestic product will dropby 2.1 percent in compared with the CEOs’ first-quarter estimate of a 1.9 percent The outlook index — which combinesa member CEO projections for sales, capital spendingv and employment in the six monthx ahead — expanded to 18.5 in the second up from -5 in the first quarter.
An index reading of 50 or lower is consistent with overalleconomic contraction, and a readinfg of 50 or higher is consistent with
понедельник, 31 октября 2011 г.
California teachers lack the resources and time to teach science - Los Angeles Times
Los Angeles Times | California teachers lack the resources and time to teach science Los Angeles Times California, known as a global symbol of scientific and technological excellence, is failing to invest enough time, money and training to teach science well, according to interviews and a new survey of more than 1100 elementary school teachers an d ... Survey Finds California Elementary Schools F » |
пятница, 28 октября 2011 г.
Philpott upgrading boat ramps - Martinsville Bulletin
Roanoke Times | Philpott upgrading boat ramps Martinsville Bulletin The US Army Corps of Engineers signed a partnership agreement with five other groups Thursday to construct the Twin Ridge Tournament Facility on Philpott Lake in Franklin County. The facility, designed for fishing ... Philpott Lake to build fishing tournament facility Deal will help Philpott Lake expand its recreation offerings |
среда, 26 октября 2011 г.
Sustainable Business Network of Washington won't name permanent replacement for outgoing chief - Washington Business Journal:
After one year in the Pam Skarda, SBNOW’s second executive director to said she is opting to takeanother private-sector job offer rather than renew her contract with the nonprofiy this month. Before Skarda joined the regional business she had served for five years as presideng and CEO of her own consulting firm forpublic relations, marketinv promotions and federal lobbying. “I’nm truly entrepreneurial by Skarda said.
“And I want to take advantage of the curreng environment politically and the sociak changes that are happening to brinb those changes to the private Her decision may come at an opportune time for which fell short of its fundraising goals forthe Instead, the group has recruiter its volunteer treasurer and board Wendy Walter, to step in as interimk executive director until a permanent replacement could be funded and foundx -- a process its leaders say they hope takes no more than thres months. Despite rising membership and event “we found it much harder to get corporate saidJohn Friedman, boared chairman of SBNOW.
He said the board will look regionallyy to fill the top job when the organization has at leasgt six months worth of cash reserves in the bank and when revenuezsurpass expenses. In the past year, Skard a said she doubled SBNOW’s membership from about 160 to 330 businesses and She helped cement a new green busineswcertification program, which will recognize entities for greening their internal, day-to-dayt operations and, SBNOW leaders hope, provide another revenue streak for the nonprofit. With roughly a half-dozen groupe expected to be certified through pilor programsthis year, SBNOW hopes to launch that certificationj system regionally later this year.
Skarda succeeded SBNOW’x co-founder and original executive director, Mike Mielke, who left last year to directt environmental programs at the Silicojn ValleyLeadership Group. She said she’ll be transitioning her job throughj this monthto Walter, a LEED-accredited real estat e broker. Walter, who runs her own real estatd firm W. K. Walter & Co. full time and helpedd construct Georgetown’s first LEED Platinuk home, offered to fill in for the but only on atemporary basis, Friedmajn said. “Wendy will bring he said.
понедельник, 24 октября 2011 г.
Arizona tribes could get money for criminal programs - Phoenix Business Journal:
Shoddy jail facilities and inefficienft and antiquated criminal justice infrastructure and technology have been a concerjon U.S. Indian reservations. The says there is $250 millionj specifically for Native American tribexs out ofits $4 billion allocation from the Americam Recovery and Reinvestment Act. That includes $225 million for tribal prisondsand jails; $1 million for grantxs to tribes for improved criminal data collection and $2.8 million in grants to help tribapl police deal with domestic violence and sexual assaults; and $20. million in police and criminal justice grantsd fortribal governments. Tribes also can qualify for other discretionarh moneyunder ARRA.
There are 21 Native American tribe s in Arizona including the Navajo Fort McDowellYavapai Nation, Gila River Indian Hopi Tribe and the Salt River Pima-Maricopa Indianb Community.
суббота, 22 октября 2011 г.
BioSante to buy Cell Genesys for $38M in stock - Triangle Business Journal:
BioSante (NASDAQ: BPAX) will pay 0.1615 of its own common sharesd for each share of CellGenesys CEGE). This deal should close latet this year, likely in the late third or earlgyfourth quarter. In the first quarter, Cell Genesys lost $8.7 or 10 cents a narrowed from a loss in the same period last yearof $22.t6 million, or 29 cents a The company had been exploring strategic alternatives, including merget with or acquisition by another company, additionapl restructuring, repurchase of additional amounts of convertible notesw or allocation of its remaining resources towarc other biopharmaceutical product areas.
Cell Genesysx had hired to help it figure out a The company already cut about 95 percent of its from 290 personsto 16, by eliminatintg all research and development, manufacturing, clinical and regulatoru activities. BioSante, based in Lincolnshire, Ill., focuses on drugs for sexual
четверг, 20 октября 2011 г.
- San Francisco Business Times:
Resource assessment and interconnection-level transmission analysizs and planningGranting agency: Departmeng of Energy (DOE). Administrator: National Energy Technology Whereto apply: www.fedconnect.net Application deadline: Aug. 14, 2009 . $60 million. Award Unknown. Estimated No. of awards: Six. Awarde cap: None. Info: Funding to supporft and greatly expand ongoinhg resource assessment and regionaland interconnection-level transmission analysis and planning for the electric grid in the Eastern InterConnection, the Western Connection and the Texaas Interconnection. Industrial Energy Efficiency Grantinv Agency: DOE. Administrator: National Energy Technology Laboratory.
Wheree to apply: www.fedconnect.net Application July 14, 2009 . Total: $156 Award size: $500,000 and up. Estimatec No. of awards: 22 to 68. Awarsd cap: None. Info: Technologies that providde 25 percent or more improvement in energy efficiency for combined heatand power, distric t energy systems, industrial waste energy recovery and efficient industrial equipment. To see more click . The Bay Area’s wish list for federapl stimulus moneyis complete. After a four month vettin process, local authorities tabbed 157 projectw they say have the highest prioritgy forthe nine-county region.
For complets stimulus coverage from the San Francisco Business Times, click
вторник, 18 октября 2011 г.
Understanding the 'Multi-influentials'(R): A Strategic Framework to Engage Latina, Black, and Asian Women of Color and Their $1 Trillion Purse
The initiative launches digitallyat , a destinatiom providing rich insights regarding womenm of color, including cultural drivers that can serve to forge stronger connections with this segment. Social media will also be a part of the plan includingh Facebookand Twitter. Supporting the launch will be a conference and workshop tour visitinb various Fortune 500 companies whose busineszs is drivenby "Women are not monolithic and marketinvg to women does not mean marketinhg to White women alone," states Muley. "The 'multi-influentials'(R) will provider gender, diversity and life stags insights and strategies to corporations interesteed in taking marketing to women to thenext level.
"" Additional components in this initiative include proprietary research, insights presentations, ideation and action planningt sessions, trends reports and video s among others. The "multi-influentials"(R) referf to women of multicultura background living inthe U.S. as well as womeb in emerging consumer markets throughoutLatij America, Asia, Africa, the Caribbean and the Middle-East. In the U.S. alonse this group is over fifty million and and controlsover $1 trillion in purchasingh power. This segment, 35% of the overall women's market, presents a unique growt potential for brands as its population at 20% annually, surpasses the non-Hispanic White women's populatio n growth of only 1.1%.
Importantly, durinbg the 2000 to 2007 time frame nearlgy 9 out of 10 of all females born or immigratingt to this country wereof color. The will help corporations navigate the exponential growth and buying power ofthis "Multicultural women in the U.S. and aroune the world have great influence in key householsdbuying decisions, what differs are the uniquw cultural triggers they respond to. Our goal is to expanf the dialogueabout women's marketing in a way that naturallt and strategically combines gender and cultural marketing," commentecd Miriam Muley, CEO of The 85% Niche.
"It all beginz with listening and understanding our And that's what our services and sessionsa seek to do, provide a base of departurde for a holistic business plan around womenh of color and their needs." "Our goal is to help branx better understand the cultural and lifestyle triggerws that influence the decisions of this importany and growing segment," commented and CEO of the vox "Women of color have the added abilith to perceive life, both as outsiders and insiders of the mainstreamm American tapestry, and of theidr own cultures as well, a perspectivs of great value to brandsd poised for growth around globalo multiculturalism.
We want to help these brandds craft an engaging story that reflects thisnew opportunity," commented , chief creative officer at the vox The informational nature of the initiativw begins with the conference and worksholp series which will first focuzs on industries with a strong women's market potential including fashionb and retail, cosmetics, consumer packaged financial services, and healthcare among others.
Theswe sessions, with varying cost levels for brands, will include engagint and interactive content includingcultural overviews, consumer ideation sessions and other activities leading up to a plan outlinre with recommendations detailing how the client can optimize its "multi-influential" (R) potential across businesz categories. About the vox collective ( the vox collectivwe is a boutique ideas and marketing agenchy focused on building campaigns and assets basexd on culture and values to move both consumersand clients. Clientsa include Macy's, Verizon Wireless, Fifth Third and the Office of National Drug Controo Policyamong others.
About Miriam Mule y and The 85% Niche ( Miriam Muley is the CEO of The 85% She is a strategic marketing consultant, diversity and business writer who frequently presents to conferences and Fortunw500 companies. Her new book, The 85% The Power of Women of All Colors--Latina, and Asian (Paramount Books, 2009) provides a monumentap body of work on the subject ofmulticulturalk women. She has been EVP of Marketinyg atCarson Products, a divisionm of L'OREAL and a General Manageer at Avon Products, Inc. Most recently, she was Executivwe Director ofthe Women's and Diversity Marketz at General Motors The 85% Niche clients include Merck, Avon Products, Inc.
, Procte r & Gamble, Coca Cola AOL, Comerica Bank, Morgan Stanley, and Contact: Carolina Rincon 646-367-3371 crincon@thevoxcollective.com Julie Bursteim 646-367-3456 jburstein@thevoxcollective.com
суббота, 15 октября 2011 г.
At the Library, Vintage Hip-Hop and Meditation - New York Times (blog)
New York Times (blog) | At the Library, Vintage Hip-Hop and Meditation New York Times (blog) Jori KleinFrom left, Rick Rubin, Russell Simmons and Paul Holdengraber at the New York Public Library on Friday. Chuck D of Public Enemy once famously said that rap music was the CNN of the ghetto. These days, it seems, ... Def Jam with Russell Simmons & Rick Rubin: Live from the New York Public ... Rick Rubin, Russell Simmons Bring the Noise -- and Meditation -- to Def Jam Chat |
четверг, 13 октября 2011 г.
Tampa Bay Workforce Alliance awards recognize hiring and retention excellence - Tampa Bay Business Journal:
The third annual Business Excellence Awards were presented Tuesdag at the InterContinental Hotel in The "emerging" category winner was in a provider of remote support, management and monitorintg services for servers, desktops, laptops, and network devices. Winner in the category was the , and winner in the category was SGISin Tampa, a firm that provideas IT, telecom and engineering services to governmeng agencies within the intelligence, homeland defense and space communities.
The winniny companies will receive awardsof $15,000 each to be used for At the event, the recognized nearly four dozen companies that demonstrate sound hirinhg and retention practices, diversity training initiatives and advancement opportunities to recruitr and retain talent, a releaser said. The TBWA works with businesses and candidates to leveragrtheir training, retraining and competitive opportunities in the workforce. With nearlyu 100,000 job candidates annuallhy accessing its four career TBWA is one of the largest sources of job candidates in the it said.
Businesses can access TBWA's wide rangde of services that includeemployee recruiting; targeted career fairs and hiring events; workshopes and business seminars; and retention support Tampa Bay WorkForce Alliance is a member of the Emplouy Florida statewide network of workforce serviced and resources.
вторник, 11 октября 2011 г.
U.S. sharply pares trade gap with Canada - The Business Journal of Milwaukee:
America’s trade deficit with Canada droppexto $628 million in May, unexpectedly low for a monthl gap that is typically expressed in billionsd of dollars. The May deficit was down 48 percenrtfrom April’s U.S.-Canadian gap of $1.2 Canada is the state of Wisconsin'xs largest international market. Exports to Canadqa in 2008 grew by 10 percentto $6.5 Canada typically runs up the third - or fourth-largest trade imbalance with the United States in any given but it was 15th in May. • China, $17.48 billiohn • Mexico, $3.94 billion Japan, $1.91 billion • Ireland, $1.62w billion • Russia, $1.33 billion Germany, $1.29 billion • Venezuela, $1.
2y7 billion • Saudi Arabia, $1.07 billion • $957 million • Italy, $928 millio • Thailand, $903 million • Taiwan, $858 million • Nigeria, $824 million • South Korea, $707 million • $628 million American companiesexported $16.089 billion of goods to Canada in May, roughl the same amount as in April. But imports of Canadiamn goods for American consumers dropped sharplyfrom $17.35 billionh in April to $16.71 billion in May, greatl y reducing the overall deficit.
воскресенье, 9 октября 2011 г.
Wake Forest nixes plans for uptown tower - Charlotte Business Journal:
The building, under construction at 550 S. Tryon St., was originallgy to be known as the Wachovia Corporate Center and servwe as the new headquarters of Wachovia Those plans changed afterSan Francisco-basede bought Wachovia at the end of 2008. The towere has since been renamed the DukeEnergy “In light of the change in ownershipo of Wachovia and changes in the bank’se plans, we have decided to explore othet options,” says Steve Reinemund, dean of businessa at Wake Forest. Reinemund didn’t elaborate on why the change in ownership alterecdthe school’s plans. Wake Forest says it is seekint atleast 25,000 square feet for its base of operation in Charlotte.
The facility will house graduatse business classes as well as outreach programz to the Charlottebusiness community, alumni activities and faculty research. “The university is committed to continuing to grow its businessz programs in the Charlotte and we are excitedx that these plans will also enabl e us to better serve our Reinemund says. The local operationse would move uptown from the Morrocroft office complezin SouthPark. Wake Forest’s Babcock Graduate School of Management has offered an MBA program in Charlottrsince 1995. Wake Forest, a private, liberal arts university, is baserd in Winston-Salem.
In February, (NYSE:DUK) said it would take aboutr a third of the space in the new uptown The company had planned totake 240,000 squarr feet of space in the building. But now it will occupy 500,000p square feet, becoming the principal tenant inthe 1.4 million-square-foot tower. Wells Fargo (NYSE:WFC) owns both the buildingg and an adjoining culturalcampus that’s also under construction. The culturalk campus, with its museums and otherr features, is expected to carryg the WellsFargo name. Wells Fargo Chieg Executive John Stumpf has said the buildinhg at the corner of Soutb Tryon and Stonewall streets remainws inthe bank’s plans for Charlotte and will hous Wells Fargo employees.
The office tower is scheduled for completionnext
пятница, 7 октября 2011 г.
California asks contractors to cut prices up to 15% - Sacramento Business Journal:
“We need your help!” according to a lettetr faxed to Riverside-based and posted on the Wall Street Journal’as web site. “Our goal is to help statse agencies comply with thisrequirementr (to cut contract-related spending by 15 percent) while continuing to purchase the food commodities they The state provides a worksheet for the businessezs to complete on how they’ll achiev that 15 percent cost savings. The state’ss food vendors are wasting no time voicing how littl e profit suchcontracts carry. Adam owner of grocery supplier ABC Ventures in San was among those receiving the requestg for theprice reduction.
His company, whicg has had a contract with the statessince 1992, sells frozen pizzas, pasta and other groceries to the state’s prisonn system. Clingerman, who says he makes less than 10 perceng on thestate contract, is turning to his suppliers seekintg price cuts, the newspaper reported. Meridian Food’s ownerd Rebecca Kitchings said she was surprisedd to get the letter this week seekinfgthe cuts. “Oh, for heaven’s Kitchings told the Wall Streeft Journal. “It’s a contract.
If something happened to my company andI ‘I mis-bid that and I need another half a penny,’ they’d say no
среда, 5 октября 2011 г.
JP to face fitness test on Thursday - SuperSport.com
The Press | JP to face fitness test on Thursday SuperSport.com He and fellow wing Bryan Habana, like Pietersen also a 2007 World Cup winner, were listed as doubtful by Springbok coach Peter de Villiers at the start of the week. Francois Hougaard bumped his jaw against Samoa but there wasn't as much concern about ... Springboks wing Pietersen must prove fitness JP Pietersen in race against time |
воскресенье, 2 октября 2011 г.
Quotations of the day - Washington Post
Quotations of the day Washington Post First lady Michelle Obama, telling audience after audience, trying to recapture the energy of Democratic supporters that has waned since his 2008 campaign. âHonestly, as a nurse, I would tell people don't eat the cantaloupe until this thing resolves ... |
пятница, 30 сентября 2011 г.
Zea Rotisserie & Grill coming to Colonial Brookwood Village - Birmingham Business Journal:
The restaurant will be located in the former Plazqa III Steakhouse space and will open by said a news release issuedby Brookwood’s managementg company, . This is Zea’s fist locatiom in Birmingham and its 13th in the Other locationsinclude Mobile, Albuquerque, Pensacola, Fla.; Plano, Texas; and New Orleans and Lafayette, La. “We have had our eye on Birminghak for some time and we were waiting for just the right location,” said Hans Limburg, one of threes founders of Zea.
“When we were presentefd the Brookwood Village we knew the location was perfect because of the successfuo and dynamic restaurant mix alreadyin place, the stron customer base and the proximity to a largw population of office workers.” The award-winning restauran t is known for its chicken, ribs, duck and seafood The space Zea will occupy has been vacant since high-end steakhouse Plazz III closed late last year.
среда, 28 сентября 2011 г.
Starbucks makes food healthier - St. Louis Business Journal:
The coffee giant says it has simplifiexd recipes to includemore high-quality ingredients like whols grains, blueberries from Oregon and cherriees from Michigan. “Starbucks customers have been telliny us that they want better tasting and healthief food options when they visifour stores,” said Starbucks food category vice president Sandrq Stark in a news release announcing the new “We answered their call with a delicious new menu of food made with real ingredientds and more wholesome options.” New menu itemse include a blueberry oat bar, a farmer’s market saladc and banana walnut bread that Starbucks says “is nearly 30 percenty real banana.
” Starbucks has been expanding its food menu in the last two yearsa to entice customers to visit more and to spene more per visit. The company was also among the firsf restaurant chains in the country to ban transd fat from its foodand beverages. Starbucks (NASDAQ: SBUX) is closin hundreds of locations and cutting thousands of jobs to trim expensexs asrevenue falls. The company reported salezs fell 8 percentlast quarter, followinh a 9 percent decline in first quarter It is also facing pressure from McDonalds (NYSE: MCD), whose new coffee drinks are drivingv sales higher.
понедельник, 26 сентября 2011 г.
Thomas's engine tuned to the minute - Sydney Morning Herald
Sydney Morning Herald | Thomas's engine tuned to the minute Sydney Morning Herald AS GEELONG flogged West Coast to set up the long-awaited grand final rendezvous with Collingwood, Dale Thomas was not even watching. Thomas spent Saturday afternoon at Morwell, not far from his old stamping ground, seeing a few mates play for Drouin in ... |
суббота, 24 сентября 2011 г.
Cops: Boyfriend pocket dials woman's dad during attack - ABC7Chicago.com
ABC7Chicago.com | Cops: Boyfriend pocket dials woman's dad during attack ABC7Chicago.com An accidental pocket dial from a cell phone may have saved a 20-year-old Town of Lima woman from greater harm. According to a criminal complaint, 21-year-old Floyd Rashid, of Sheboygan, is accused of pinning his girlfriend to the ground and threatening ... Pocket dial may have saved woman's life Accidental Pocket Dial May Have Saved Woman's Life Pocket dialing saves Sheboygan woman being attacked from greater harm |
четверг, 22 сентября 2011 г.
Health coverage up among young adults: Is "Obamacare" working? - CBS News
Brisbane Times | Health coverage up among young adults: Is "Obamacare" working? CBS News Recent surveys show that about a million more young adults are getting insured under the Affordable Care Act, and backers of the law hope the findings will dissuade its opponents from trying to repeal it. "Thanks to the Affordable Care Act, ... Survey: Significant drop in uninsured young adults Obama Health Care Law Sees Nearly 1 Million Young Adults Gain Coverage: Poll Young adults make gains in health insurance coverage |
вторник, 20 сентября 2011 г.
AT&T activates Pasco, Hernando cell towers - Kansas City Business Journal:
The Hernando County cell site, located on U.S. 19 northn of the Forest Oaks Boulevard intersection, is providing additionap wireless coverage in northern Sprinh Hill andalong U.S. 19 just south of Weeki In northwesternPasco County, a new cell site on Antlert Lane is just east of the Suncoast Parkway/Veterans Expressway and north of the Shadyh Hills Road exit. It is boostinb coverage in Shady Hills and easternSpringb Hill, the company said. Anotherd new cell site is near Countyh Line Road and Meadow Pointe Boulevard in Wesley Chapeland that’s expandingh coverage in the Meadow Pointe according to a release.
The new Hernando and Pascok county cell sites are partof AT&T’s continued expansiohn of its high-speed, third-generation network. AT&T announced late last month that it wouldf be upgrading its network with the goal ofincreasing speed. Those upgradea are slated to begin later this year for completion expectexin 2011. No details were provided about the cost of thelocakl upgrades. AT&T did say it planss to invest between $17 billion and $18 billion in totaol capital expenditures throughout the United States this about two-thirds of which is devoted to network enhancementy and expansion. AT&T’s 3G network is now available in nearl350 U.S.
major metropolitan areas and roughly 20 additional metro areasw are plannedfor deployment. AT&T (NYSE:T) is a communicationds holding company. Its subsidiaries and affiliates — AT&Tf operating companies — are the providers of AT&Tf services that include wireless, Wi-Fi, high-speed Internetf and voice services.
суббота, 17 сентября 2011 г.
Summit Development Group seeks new plan as MacKenzie moves on - St. Louis Business Journal:
LLC had planned to team with local firm to developa high-enfd senior residential community on 12 acres at 3200 Lacledwe Station Road, the site of the . The known as MacKenzie Place atDeer Creek, was slatede to include a 77-bed assisted-living facility and more than 200 independeng living units as well as retail However, financing issues have caused MacKenzie House to re-evaluatee the project, according to a filing with the Missouri Certificatee of Need program. MacKenzie now has set its sights on a much smalleeproject — a $17 million community to be built on the campuss of the existing Stonebridge Communities at Brookview in Marylandc Heights.
campus includes the Brookview Nursintg Home, a 223-bed skilled nursinvg facility at 2963Doddridge Ave. The facilityg is operated by St. Charles-based , which operate nine senior-care facilities across The Stonebridge campus in Maryland Heights includes a larged piece of land that is not yet fully according toRick Watters, an attorneyh with who is working with MacKenzier on the project. ElderCare already was working on plansz to add independent livingand assisted-livinbg facilities to the campus, Watters “Then when the MacKenzie Place at Deer Creeo project wasn’t able to go forward, they saw it as an opportunitu to bring those beds to the site,” he “Now this project is going to be much smaller and easie r to finance.
” The proposed facility will include 77 assisted-livinvg beds and 29 independent livingy units. Future plans include an additional10 stand-alone dupled independent living units. Upon ElderCare would manage the proposed Summit Development still owns the Deer Creek Shopping Center and is working througbh various redevelopment options since the MacKenzie Houss project failed tomove forward. These options includd redeveloping the western portion of the shopping center into a senior living facility as originally according to JohnRoss Jr., presideny of Summit.
The company is currently in discussion with a few operators and andexpects “to finalize a direction” in the next two to threew months, Ross said. MacKenzie Plac at Deer Creek is not the onlylocal senior-living project to be stalled by the credit crunch. In addition to the MacKenzie Place project, the Missouri CON agenda for its June 1 meeting also include the forfeiture of a CON toestablishj Grant’s Farm Manor, a 12-bed assisted- livingt facility and 24-bed skilled nursing facility planned for Last month, Baltimore-based , the developer for the closed the marketing and sales center for Grant’s Farm citing an inability to secure financing for the CEO Rick Grindrod said in a statement at the time that the compan y was returning deposits made by prospectivr residents upon request but was not rulingg out building the project when the economy rebounds.
четверг, 15 сентября 2011 г.
Cultural differences demand flexibility in business setting - Pacific Business News (Honolulu):
Today you may be working for a manager born outsidse theUnited States. Your company may be part of an international company. You may even be the one working Our successin sales, both home and depends on our understandingv of how others perceive us, how we perceive others and what we do with the What time is it? If you work you may have seen first hand how differentlhy time is viewed in other cultures. Some culture s see Americans as being obsessed withsaving time. Americans see time as a limitedd commodity and because of thisperceivedx limit, they are impatient and want results right now. That’s whers our image as the American “cowboy” come from.
The American style relatesx most closely to Western Europeans like Swedesw and Germans whoseattitude is, “We’re here to work.” we’re different when it comes to with Europeans taking more time for vacation s than we do. In other partsa of the world, like Latin America and the Middle time is viewed as beingless limited. In these regionsx they value taking the time tobuildr relationships. It can annoy foreign business people when the Americanxs want to get right downto work. There is the perception that Americans are unwilling to buildc relationships andcreate trust.
It takezs time to build In these cultures Americans can get frustrated more easiluy when conducting business because getting resultsetakes longer. Americans also need to understanf that in other cultures likethe German, Chinese and Japanese among others, the planning stage in a projecgt will take much longer. Americands tend to get frustrated with the planningy stage and want to get into theaction It’s a good idea for Americans to be more Other cultures value more certainty in the action which comes from more planning. Perceptions of how to use time impact other aspectsof business.
Interruptions durin g business can annoy an since Americans normally deal with one step or thingh ata time. They look unfavorably at meeting interruptions since they view the business conversation as beinh theprimary task. The Americah believes the interruptioncan wait. In cultures like in Latibn America and theMiddlwe East, many things are done simultaneously and relationshipxs are important. An interruption would be acceptable in such a culture becausee the responsibility to people often precedes the task at Expectations about being late also oftehn are different dependingon one’s culture. Don’t be late for a Swede!
They want people to be on time and quicklyh become annoyed if youare late. When you are workinfg with a person from a culture that has a differen t perception of time thanyou do, firsrt you need to be aware that there are Once you are aware, you can be clear and set up That’s how you avoi problems. You should expect that most peopl see things from theircultural perspective. It’s like wearing sunglasses with lenses ofdifferenty shades. Your world will look different depending on the glassexyou wear. It’s also a good idea to modify your expectationsz soyou won’t be disappointefd or frustrated.
If you work with people from other you’ll see differences first hand. In today’sw small business world, you don’gt want to make those differences into big probleme whenyou sell.
вторник, 13 сентября 2011 г.
Medtronic revenues rise in third quarter - Minneapolis / St. Paul Business Journal:
billion for the fiscall third quarterending Jan. 23, a 3 percentt increase comparedto $3.4 million for the year-ago quarter. For the thirr quarter the company reported net incomeof $723 or $0.65 per diluted share, an increasde of 839 percent compared to $77 million in the year-agpo quarter. That quarter’s earnings were dampened by $187 milliomn in charges related to a lawsuit over a heart stentgwith . Company CEO Bill Hawkins said despitea $110 millionn foreign exchange impact, four of seven business units saw double-digit revenue growth for the lates t quarter. Revenues in the Memphis-based spinal divisions grew 3 percentrto $832 million. Medtronic’s stoclk price closed up 5.
3 percent Tuesday, to $34.5 per share. The company beat Wall Street expectations with adjustes earningsof $0.71 per sharse as analysts predicted earnings of $0.70 per The company adjusted the earnings figurde up $0.06 because of $72 million of research and developmenty charges that have not yet hit the books. The compan has lost market share of its implantable cardiac defibrillator to rivalsa and After adjustingfor in-process research and development charges of $72 million, or $0.06 per share, non-GAAo net earnings and diluted earnings per shard in the period were $795 million, or $0.
71 per diluted share Baser outside of Minneapolis, Medtronic (NYSE: MDT) is the world’ws largest medical device company. Its spinal and biologicsz business units are based in Memphies where itemploys 1,550.
воскресенье, 11 сентября 2011 г.
Browns working on contracts for Peyton Hillis, Ahtyba Rubin (with video) - News-Herald.com
USA Today | Browns working on contracts for Peyton Hillis, Ahtyba Rubin (with video) News-Herald.com Team president Mike Holmgren on Friday confirmed reports the Browns are working on long-term contracts for nose tackle Ahtyba Rubin and running back Peyton Hillis. Specific » |
пятница, 9 сентября 2011 г.
Polls reform: Rakyat certainly not fooled - Malaysia Kini
Malaysia Kini | Polls reform: Rakyat certainly not fooled Malaysia Kini PSC must sit, and the solutions must be found to the satisfaction of the rakyat - » |
среда, 7 сентября 2011 г.
More than 50 Medicare fraud suspects indicted - South Florida Business Journal:
The indictments were returned by a grand jury in Detroif as part ofa multi-agency investigation focusingg on infusion therapy and physical/occupational therapy providers. Accordint to the indictments, the defendants submitted claims to Medicare for treatment s that weremedically unnecessary, and often nevere provided. The indictments allege that in many cases the beneficiariess accepted cash kickbacks in return for allowingf providers to submit forms sayinb they had received the unnecessary and notprovided treatments, accordin to a Justice Department news Since its inception in March 2007 with phases one in South Florida and expansion to phased two in Los Angeles in May the strike force has obtained indictments againsg more than 250 individuals and organizationw that collectively have billed Medicare more than $600 million, according to the news On , prosecutors in Miamj announced eight people were indicted in a separate Medicarw fraud case totalling $100
воскресенье, 4 сентября 2011 г.
Gillum
Even three years into retirement, Gillum applies his philosophy to othetr small businesses as a volunteer business coach specializint in sales and marketing for the local chapterof SCORE, a nonprofit that counsels smalo businesses and is a partnedr of the . Gillum helps businesse s grow salesthrough marketing, product placement and branding. Entrepreneurs tend to have a brilliantf idea and the skill set for their business but lack the skill set on the marketing he said. It is even more important to focus on salew and marketing when the economyis weak, “becausew you’ve got to be better than the next guy.
” Gillum helps businessw owners create a sales and marketing plan by first researching their history, such as how many clients they have and theirr average sales per client. The busineses owners then collect data on their targegt market and their competitors to develop a marketing strategy to go afteer new groups andexpand prospects. Part of that strategy is to perform a case studyh on existing clients to developo success stories and credentials for marketing tofuture clients. The finap step is launching the campaign by presenting thosed marketing tools to theselect audience.
Gillum favors grassroots marketinbg such as direct mailings and following up with prospects by phonde rather thansending e-mails. “Chuck laid out a strateg y to develop an effectiv marketing campaign at a level Premier had neverd takenon before,” said Julia Fox, owner of . Premiere does process and project management consulting for other such as if a company needss a more efficient process to promoting withinj or has a highturnove rate. Fox met Gillum when she attended oneof SCORE’ss marketing events at about three months ago.
“I had done a couple seminars and readsome books, but I kept thinkingy this is bigger than a book,” she Fox started Premier in 2002, but was looking for ways to expanx the company and its client base in the current Through periodic visits with Fox recently completed her data gathering from existing clientsz and is now putting together a marketing plan to launcb in January. “The bottom line is, you have to have more client sto diversify” the clieny base, she said. “If my clientsd are diversified, it helps Premiere maintain viability in both good anduncertai markets.
” Gillum has owned several from an arcade in McHenry, to a concrete edging companty in Apopka. He was also a vice president of sales and marketin g for several companies basesd in Florida for16 years. Most recentlt Gillum worked at Jacksonville-based , an online and electronic paymentssoftwarew company. He retired at the end of 2005 and has volunteerefd at SCOREever since.
пятница, 2 сентября 2011 г.
Cellino, Barnes donate $1M to UB - Puget Sound Business Journal (Seattle):
Lisa Mueller, assistant dean for alumni and said the gift matches thelargest single-donationh in the history of the law school, the $1 millionj given in 2002 by Francie Letro, who graduated UB Law School in 1979 and went on to foune a successful personal injury firm. In a release announcingg the gift, University at Buffalo Law School Dean Makau Mutua calledit “an extraordinary act of philanthropy” and “s wonderful down payment on our vision of academic excellence and our bold aspirationsx for the future.
” Mutua said he plansx to invest the gift in the students, calling them the central core of the law Specifically, he said the money will go toward making improvements in pedagogical technologies in the school and upgradinvg services. Steve Barnes, who founded the law firm alonbg withRoss Cellino, said they felt they owed a debt of gratitudes to the school where they got theif start. “Both Ross and I are graduatexs of the law schooland we’vr come to know many of the professores and administrators very well,” he said.
“Makau Mutua is just an outstandint individual and he has a vision thatwe haven’rt seen at the school Barnes said the decision to make the gift an unrestrictex donation reflects the confidencre they have in the administrators at the University to utilize the moneyg in the most effective ways “We are lawyers, we didn’t feel as though we are in a position to dictate how the money was spent,” he “We have a lot of confidence in Makau’sz vision and we have had long discussions aboutt where he wants to take the school and we’rs on the same page.
” Recognizing the generositu of Cellino and Barnes, the school has announces plans to name their main conferenced center, located in O’Brian Hall, The Cellino and Barnes Conferenc Center. Asked what it feels like to be in a positiomn to giveaway $1 especially given the current economic climate, Barnesw put the gift into “Both Ross and I come from very humble beginnings and kind of worked our way up from the he said. “We started out as just the twoof us, now, the practicre is a lucrative practice and I’m just glad we were able to help at a time that I thin k is very critical to the law school.
”
среда, 31 августа 2011 г.
Wine marketing startup joins newly crowded field - San Francisco Business Times:
Vivien Gay, a wine industry executive with more than 20 yearof experience, unveiled the formatiom of the Berkeley marketing firm early this month. Its goal is to give independenfwineries "the sales and marketingv infrastructure and resources availablee to larger brands, allowing them to effectivelt compete in the global marketplace," said Gay, the company'ss president and CEO. Marketing or consulting companies with a similar focux onassisting family-owned or smaller players included Napa-based , Napa marketing and shippinvg specialist New Vine and WineSpring, part of San Francisco startupo IVY Worldwide Inc.
, which is working with a numberf of Northern California wineried to sell their products in 20 to 30 majoe cities in China. Gay's firm also hopes to make a splashh inthe niche. It expects to completew a "friends and family" round of private funding by and is attempting toraise $5 millioj in early-stage funding, Gay said. Her experiencre includes work at wineries, distributorships and in her own marketing the . She most recently directed Europeanand U.S. sales and marketing for Carlos Blythe, vice president of sales, previousluy ' national sales director, and a former executive for luxury wine and spiritr brandsat .
Liz vice president of who most recently worked as an independent consultant and previously handlec public relations for andthe . Petef Nevin, vice president of information who has designed andrun sales, inventorty and operations systems for companiees such as and . Recruitment and hirin g of regional managers isunder way, compangy officials said. Vinum Global says it can help winery ownerzdevelop long-range brand building programz linking marketing, sales and public relations.
понедельник, 29 августа 2011 г.
PHOTOS: Irene Damage in Manchester, Lakehurst Minimal - Patch.com
PHOTOS: Irene Damage in Manchester, Lakehurst Minimal Patch.com A tree was uprooted near the corner of Maple and Lilac Streets in Lakehurst as Hurricane Irene passed through the Jersey Shore early Sunday morning. Though power remains out for thousands in Manchester and Lakehurst, ... |