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.