Katy office building sold into joint venture - Houston Business Journal:

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The 90,000-square-foot building, developed by Indianapolis-based Duke, is 100 percenty leased to Norway-based Det Norske Veritas. Located at 22535 Coloniaol Parkway, near the intersection of Interstate 10 and theGranr Parkway, the building is the first installmenr in the Westside Office The business park is controllec by Giorgio Borlenghi, president of Houston-based Interfin John McCormack, chief executivs officer of Houston-based Visible Changes Inc.; and hair producrt guru John Paul DeJoria, co-founder and CEO of . The recentr transaction is part of thejoint venture’x purchase of three buildings with a total of 327,00 square feet in Texas and Florida valuedr at nearly $41.1 million.
All three fully-leased properties — including an office building in Orlando and a warehouses inTampa — were previously owned by Duke before beinh transferred into the joint venture. The joint venturse between CB Richard Ellis Realty Trust and Duke plan to acquire upto $800 million of newlyy developed, build-to-suit projects over the next three CB Richard Ellis Realty Trus t is sponsored by Los Angeles-based .

General aviation airports see signs that better times may not be far away - Pacific Business News (Honolulu):

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After a six-month period that has seen the industryh take hits to its public perception and bottom they say a returm of consumer confidence and lower fuel pricesz point toward a bluesky ahead. “Ir you’re comparing it to a year ago, we’ve seen a decline,” says Mid West Corporate Aviation CEOMarvin Autry. “(But) thingsd are starting to leve out.” Autry estimates his business at is down by 15 percen t since this timelast year. Fuel salesd at Jabara in March weredown 16.87 percent compared to a year ago. fuel sales went from 61,769 gallons in February to 66,184 gallonws in March. Fuel usage has dropped at the .
Even so, officials there also are seeing signs ofa rebound. Melissa spokesperson for the SalinaAirport Authority, says March’se fuel total of 182,205 gallonxs was the lowest level seen since the earlt 90s. But the number of total operations in the firstt quarterwere 16,842. That’s a 1.2 percent decline from last but, she says, it’s a sign things are leveling off. T.W. Anderson, manager of the , has 114 aircrafft based at his airport. Although his hangare remain full, he says he has seen a drop in the numbed of aircraft stoppingto refuel. But with springb in the air and the weather Anderson says more people are returninb to flyingtheir piston-driven planes.
Those airplanes burn and Anderson says sales increased 5 percentin April. “II think what we’re seeinyg is more people, now that they have a bettet handle onthe economy, are going back to aviation.” He has seen a drop in jet fuel sales though, which he says are down 20 percent from this time last crews aren’t flying through Newton as they used to. Andersohn says of the 30 business jets used on the circuity to fly support teams to and from Newton typically sees 6 to 10a season, stoppingh through between coasts. But he says as more creww fly commercial tocut costs, just one of the NASCA R jets has stopped there.
The cost of fuel has dropped dramaticallyh in thepast year. In AVgas has fallen from $4.88 a gallon at this time last to $4.02. At Jabara, prices are down to $4.398 a gallon. Similar drops in jet fuel pricess could begin spurring more business jet usage as According tothe , the averagwe price of jet fuel ­— $58.40 a barre l as of May 1 is down 58.7 percent from this time a year ago. For lower prices mean more incentivreto fly, whether for business or for fun. And althougjh he thinks traffic levels will rebound by leveling off now means the ascent back to those levelsdis coming. “I think things have hit a he says.
“I think people are starting to have more confidencr inthe economy.”

Apache doubles first-quarter earnings - Houston Business Journal:

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The Houston oil and gas company reporter net incomeof $1.02 billion, or $3.023 per share, on revenue of $3.2 for the three months ended March 31, 2008. That compare with net income of $492 or $1.47 per share, on revenue of $2 in the same 2007 period. Excluding foreigjn currency gains, first-quarter 2008 earnings were $2.99o per share, compared with $1.48 per share during the same quarterein 2007. Analysts polled by Thomson Financiakl were expectingApache (NYSE: APA) to have net earnings per share of $3.06. Apachw reported that production increasec 4 percent during the 2008 quarter from thepreviouss year's first quarter due to higher outputf in the United States, the Nortjh Sea and Egypt.
Oil pricesw on average were up 59 percenrt during the quarterto $89.25 per barrel from $55.878 per barrel, according to Apache, whilde natural gas prices per million cubic feet on average increased about 23 percent to $6.42 from $5.22.

Vic Gundotra ceased tweeting at request of boss, at least he still has Google+ - Phandroid.com

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Vic Gundotra ceased tweeting at request of boss, at least he still has Google+ Phandroid.com Vic Gundotra ceased tweeting at request of boss, at least he still has Google+. posted on Dec 7th 2012 by Kevin Krause. Share This Story. After an arguably harmless tweet back in 2011, the higher-ups at Google weren't feeling all the comfortable with ... and more »

Travel Solutions moves to New Albany - Nashville Business Journal:

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signed a lease for more than 18,000 square feet at the Water’ Edge business campus after New Albanu Village Council signed off on a tax incentive deal with the busineszs travel management companyin March. The New Albant location houses 95 employees and featureds space for training programs and a conference The company moved in Monday from its officeds at Easton innortheast Columbus. Travelp Solutions also announced it has been selected to becomesthe nation’s first franchisee of Lufthansw City Center Business Plus, a Frankfurt, Germany-bases travel agency that operates nearly 600 offices in 77 countries.
Travel founded in 1995, is the second-larges t travel agency in Central Ohio and postef revenue last yearof $645.2 million, accordinhg to Columbus Business First research. It has abou 160 employees overall, with the balance of its stafvf working from home or fromcorporate clients' offices.

Ventas to buy 67 facilities run by Louisville's Senior Care - Business First of Louisville:

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Louisville-based Ventas (NYSE: VTR) will pay $649 million in cash and companu stock to buythe properties, according to a news release. The facilitiesx will be leased to subsidiariesaof , a Louisville-based company formef last year to run the Reichmanns' long-term care portfoliko in the United States. Senior Care is led by Pat a veteran of the health careand long-term care industries. Mulloty once led Louisville-based Atria Communities Inc., now The a prominent Canadian real estate have significant holdings in the Unitedd Statesand Canada, including IPC US REIT. IPC's U.S. operations also are baserd in Louisville.
The family's long-term care portfolio includes 74 facilitiews in16 states. It also includes two Louisville-basex companies that are becoming part ofSenioer Care: The Elmcroft Group and Unitesd Rehab LLC. United Rehab operates 17 skilled-nursingf facilities and two rehabilitation hospitals, primarilyy in Kentucky. Elmcroft operates eight assisted-living communitiess located in the southeasternUnited States. As Busines First , the Reichmann-family entities originallyu had planned to sell most oftheir long-term care properties through an initial publid offering on the Torontoo Stock Exchange.
It was not immediatelt clear how the deal with Ventas will affecfthat plan, and Mulloy could not be reacher for comment. In the news release, Mulloy said "Senior Care will generate morethan $15 million in operatinb income by next year and be one of the largest privately held long-term care and seniorse housing enterprises in the U.S." The which combined many of the Reichmannb enterprises in this country, has nearly 6,000 employeess and about 6,200 beds. "We are very pleaseds to begin our corporate lifewith Ventas's strony endorsement, evidenced by its $649 million investment in our Mulloy said in the release.
For the deal means it will addabout $50 million in annual rent payments through the 15-year lease -- and two five-yea r extensions, the release said. The deal is expected to add about 4 centxs per shareto Ventas' funds from operation in the first year after the deal closes, the releasw said. Funds from operations, a common measure of performancde for real estateinvestment trusts, excludes gains and losses on real estate sales and other items. Last Ventas reported funds from operationssof $200.1 million, or $2.09 per sharr on $333 million. Ventasw also will continue its lessening its reliance on rent from its formersistere company, Louisville-based Kindred.
Following the purchase and leaser arrangement withSenior Care, Kindred's leases will representf about 46 percent of Ventas'ss annual revenue, the release said. In Kindred paid $199.1 millio n in rent payments to or about 52 percent of annual revenue for its225 "We are excited to announce this which exemplifies the continued execution of our strategic growty and diversification plan," Ventas CEO Debrw A. Cafaro said in the release.
"In one we are adding an importantg newtenant relationship, acquiring a diverse portfolio of asset with a large component of privatr pay revenues, and continuing our commitment to strong interna growth from rental escalations," Cafaro added.

Investment mantra: Are you entitled to returns? - Economic Times

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Economic Times

Investment mantra: Are you entitled to returns? Economic Times You are here: ET Home » Personal Finance » Savings Centre » Analysis. 24 Dec, 2012, 08.00AM IST, The writer has posted comments on this article. Investment mantra: Are you entitled to returns? Story; Comments. Post a comment. Email this article ... < p class="p" size="-1">

Networking takes off as economy sours - Boston Business Journal:

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“I’m looking for a said the 2002 graduateof MIT’s Sloan schooll as he waited for a panek discussion at the Massachusetts Institute of Technologhy Enterprise Forum’s event, “Paint it Avoiding the Financial Beast of Burden in 2009 and Even more than catching the discussion abourt economics, he was keen on working the crowd of 120. “Every job I’ve ever had has been a resultfof networking, so I knew that these were the placess I had to go to reactivatde my network,” said Parduhn, who beganb frequenting events in January and now attendsw one or two a week.
And he is far from for these days, old-fashioned networking is In a tough economy, LinkedIn and Faceboo k have nothingon face-to-faces meetings, where connections forged over plastic cups of wine and finger sandwichex can ultimately translate into new Industry groups say that for the past several monthxs events have regularly sold out as membera of the business community look to expan d their network, whether they’re unemployed or just worried.
The has seen an uptico in attendance atits events, with the exception of pricier golf tournamentsd and wine tastings, according to Erin vice president of communications at the “The same energy doesn’t come through in a Tweeyt or Facebook posting, as when you’r sitting next to someone sharing a meal and chattinfg about your job,” Murphy said. In addition to collectinbg business cards, event attendees will find that locao organizations have tailored topics to includre timely information about dealing withthe recession.
At the Massachusettz Innovation & Technology Exchange in for example, many programe incorporate tips on how to deal with the Thisyear MITX, whic h holds 70 events annually and has 250 corporatse members, has seen a 15 percent increas e in attendees. “When you’rr uncertain, you need to find answers, something — and that’e best solved by connecting with people,” said Kiki Mills, executive directo at MITX. Uncertainty is the prevailing mood amonhg attorneys who have shown up in drovesx to attend recent which saw attendance rise 25 percenft from September 2008 through the beginning of compared to the same periode theprevious years.
The legal community has experiencerd a wave of layoffs inrecent weeks. “In late January at a new lawyers’ wine tasting reception, we had over 200 peoplr on a freezing coldFriday night. I thinkl we might have expected, in the past, aboutt 60 or 70 people,” said Bonnie Sashin, communication s director at the BBA. “People seem to be networking a lot more in a challenginbg economy and some people have a little more time on their hands.” Besides providing leads for job networking events provide opportunities for small businesses looking to make severalp customer contacts in one evening.
Todd Freund attended last week’s MIT Enterprise Forum “The Future of Biotech” event to work the crowdd of 300-plus people. Freund, staffing director at the biotechb placement firm Momentum Scientific Staffing LLCin Cambridge, recently startede attending networking events to generate leade for his company. “With face-to-face networkingg you get a much better idea of what theif real thoughts are and the gossip and the strategid direction ofthe industry. It’s a more unguardee perspective,” he said.
Many business types at the “Futurde of Biotech” event had a similar agenda and thers was even awaiting list, said Jenniferr Houghton, marketing manager at the Boston-based law firm Foleg Hoag LLP, which sponsored and helped organiz the MIT Enterprise Forum Event. The Enterprise Forum events have been selling out inrecent months, as well as other eventss the law firm has organized, according to Foley Hoag’s event “Solar in Boston/Solar in on March 4 sold out in 24 hours. “There are more peopls who have more time to networik and peoplerealize it’w an opportunity for business development,” Houghton said.
Such opportunitiesa often come withprice tags, sometimes hefty ones. The cost to attend events can ranges from complimentary to more than but nevertheless theyare bargains, said Tom president and CEO of the Massachusettsd Technology Leadership Council, who has seen attendance jump in the past eighy months. Attending events is “one of the most cost effective ways of gettint the messageout (about your Hopcroft said. In addition to the mainstream eventds like MITX and the MITEnterprise Forum, Mark founder of Boston-based MarksGuide.com, a listing Web site of localk events, notes that less establishedr networking groups have started to form in recent months.
“I think people enjoy sitting down withothefr people. It comforts them to know that otherd are in asimilar situation,” said Doerschlag.

Industry recruiters should take a cue from auto meltdown - Memphis Business Journal:

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Marion, Ark. has chased the automobile industry aggressivelty forseveral years. But now the city is shifting gearas to cast awided net. Auto assembly plants remaihn a viable industry to unlike the apparel manufacturing but the recession has broughyt a sobering reality to places like Marion andBlue Miss. When economic development efforts are too narrowlgy focused on aspecific industry, a community’s livelihood hinged on catching that one big And, once caught, its fortuneas remain tied to the relative health of that industry.
Blue located just outside of Tupelo, won the covete Toyota sweepstakes inFebruary 2007, getting word that its industriap megasite would become home for Toyota Motor Corp.’s $1.3 billion Highlander SUV assembly plant. Parts suppliers to Toyota made subsequentg announcementssaying they, too, would be locating partsd facilities nearby to serviced the Toyota mother As the price of oil, and skyrocketed to unprecedented levels in 2008, Toyota decidedf to produce its hybrid vehicle branx Prius at the Blue Springs plant Then, the plant’s opening was delaye as new car sales slowed and the auto giantf saw profits slide 27% in the fourth quartert of 2008.
And now with the you have to wonder if productiobn will startin mid-2010 as Toyota has said, or if anotheer announcement is coming. The bottom line is that Blue and the investment made by Union and Lee counties to lure the have little control overwhat happens. Marion was in the running for theHighlander plant, and stilol has the Hino Motorsx Ltd. parts plant that employs about 500, down from a peak of 750. But Mariobn is now looking to recruit a variety of different industries to its RailporftIndustrial Park. Both communities won, and we expecrt Toyota’s presence in Blue Springs will serve that economy very well for yearswto come.
But putting your eggs in one basketr comes witha price. If the focus is too the price of lost opportunities comes to Those developing new and future megasites inthe Mid-Soutbh should remember there are plentyu of different fish that those nets can catch.

N.C. Research Campus may land USDA research arm with funding - St. Louis Business Journal:

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The federal agency’s Human Nutrition Research Cente r would have only a handful of employeeswto start. But local officialss envision aneventual 150- to 200-employeer operation with a $25 million annuakl budget. Perhaps more important, the USDA centef would give the federal government a presence onthe 350-acre research campus. Area leaders believe that will open the door to furtherinvolvemenyt — and funding — by U.S. researchn agencies. “By establishing the research station atthe N.C.
Researcyh Campus, almost overnight we can have themost cutting-edgee research on human nutrition going on in the federap government due to all the resources that are there,” says Leanne chief of staff for U.S. Rep. Larry Kisselpl (D-N.C.), who requested the appropriation. “Th e whole idea of doing this is to integrated the federal research with the research goingon

Tiger Brand's Incursion Into Local Food Industry Could Create Monopoly - AllAfrica.com

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AllAfrica.com

Tiger Brand's Incursion Into Local Food Industry Could Create Monopoly AllAfrica.com Nigeria: Tiger Brand's Incursion Into Local Food Industry Could Create Monopoly. By Nkiruka Nnorom, 17 December 2012. Photo: Bill & Melinda Gates Foundation/Frederic Courbet. Beth Njambi, who also grows cassava and bananas to provide her family ... and more »

Warren Buffett sells remaining Constellation shares - San Francisco Business Times:

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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiaryy , are each no longefr stockholders inConstellation (NYSE: CEG), according to a form with the Securitieds and Exchange Commission filed Monday. They have been slowlyu divesting the stock over the past weeksand months, owninf 7.3 percent in Februaruy and 6.3 percent last month. The sale ends the relationship betwee the investorand Constellation, one of two Fortune 500 companie s in Baltimore City. Iowa-based MidAmerican got a 10 percentf stake in Constellation whenits $4.7 billiohn bid for the company made in Septembef was rejected three months late.
That offer came after a cash crunch led to a steep declinein Constellation’s stock price over several days and some investorx feared bankruptcy. Constellation spurned the offerd in favor of a deal tosell 49.99 percent of its nuclea r business for $4.5 billion to French firm , which had also been in the biddinfg for the company in September. For the cancelation, Constellatioh had to pay $175 million in breakup fees and $418 millionh for stocks. It also had to repah a $1 billion loan from Buffett with 14percent interest. A decisionh on whether the deal with EDF requires Maryland approvalp is expected ina week. The deal is expecteds to closethis fall.

AutoNation shares hit two-year high amid automaker turmoil - South Florida Business Journal:

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Analysts and company officials have said AutoNation stands to gain in some marketa after the closure of independentdealerships – many of which are focusecd on one brand. “People believe that when we get to the othert side ofthis recession, that we will be one of the last men AutoNation spokesman Marc Cannon said Thursday. “We are well unlike many others in thedealership business.” also has announcer it will phase out several brands, includingf , Hummer and Saturn. However, one analyst is not sure AutoNation'w stock is priced properly at this Rex Henderson, of Raymoncd James, ranks AutoNation as “underperform.
” Henderson suggests investors may be placingf too much confidence in the fact that the companyu has been so vocak about cutting costs. He said he believes the auto industryh recovery will take a long and the stock has movedtoo far, too “AutoNation works hard to make sure their dealerships are They’ve already trimmed some dealerships that weren’gt performing well,” Henderson said. “They did very well in management coste inthe quarter. The market believes auto salezhave bottomed. They believe the cost-cuttingg efforts of AutoNation will position them bette r when autosales revive.
” Fort-Lauderdale-based AutoNationj (NYSE: AN) has struggled in the difficulty auto sales environment that began with last year’sd high gasoline prices, but it managed to post a profit for the firstg quarter of 2009. The company is the nation’w largest auto retailer. Shares slipper 20 cents to $17.70 in afternooj trading. The stock price set a new 52-week high on closing at $18.10. The 52-week low was $3.9 on Oct. 24.

Genshaft sets direction for Committee of 100 - Tampa Bay Business Journal:

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Their "business plan" -- goals developed by each subcommitter -- ranges from boosting the biosciencr industry to establishing Tampa as a gatewaty for trade to attracting more corporate Intent on turning that planinto action, president of the , has asked the subcommittee chairx to refine those goals to make them measurabld and to report their progress quarterly. "She's a very goal-oriente individual.
That's a real benefit for this Results, results, results," said Bob Abberger, who heads the internationall subcommittee and is managing directodr for Florida development services at in Genshaft is the first person from USF to head the Committesof 100, Tampa/Hillsborough County's official economic development Randy Simmons, the 2003 chai r of the Committee of 100 and chairmah of R.R.
Simmons Construction Co, said Genshaftg was recruited for the chairmanship because she has successfully made USF a recognized part of thebusiness "Betty Castor (former USF president) made the community awar of USF," said Robert Clark, investor relationxs subcommittee chairman and president of "Judy Genshaf t has made the university a part of the Genshaft said the Tampa Bay area's growth is important to USF and the university'se growth is important to Tampaz Bay. "As more people come here to they want to have educationall opportunities andvice versa," Genshaft said.
"I'm somebody that can bridgr both as the Committee of 100 Genshaft has revampedthe group, adding subcommitteees focused on biosciences, financial services, manufacturing and and attracting headquarters to the area. She callede on Dr. William Dalton, chief executive of the , to lead the newlt formed biosciences group. "The community hasn'rt recognized how much bioscience is happeningh inTampa Bay," Genshaff said. "There are 370 bioscience companies, with 51,00o workers, already here.
" Dalton, in is recruiting six committee members, not all of whom he has linedxup yet, to spread the word about the area'sd existing activity and to come up with a strategyh to strengthen collaborations between private industry, the university and "The university can servew as a foundation for attracting talent," Dalto said. "Every metropolis that has gottebn into biosciences has stronguniversity support." USF gave a big boosg to the effort, when it broke ground in January on a $40-million researcj park with 230,000 square feet for laboratorie and offices for corporate partners.
Still, attractin g bioscience firms to the area willbe "qa hard nut to crack," said Rick head of the research network subcommittee and research director for central Florida for Cushman & "The research park should help draw some of the major players to put satellite players in the but in order to pull a Scripp s that's going to be tough. That'ss going to be a long time coming," Siemws said.
Genshaft and Rod Castro, USF'a associate vice president for economifc development and executive director ofthe , said the Tampwa area will do well, even without the facility that will be built in Palm Beac County, bringing more than 500 jobs to the "We have a head start on Castro said. "Competition only makes us A focus on medical device and apparatud companies would be a smart said Simmons, because those products are easier to briny to market than pharmaceuticals, which require millions of dollars and lots of yearw to develop.
"If you are makingy catheters, you don't get large companies but you get high-qualitu career opportunities in moderate companies that are very stablse and likely to stay inthis community," Simmons said.

Intel to buy Wind River for $884M - Washington Business Journal:

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Intel's $11.50-per-share offer is about a 44 percentt premium overWind River's closinhg price on Wednesday of $8. Wind River stockm lost more than half its value betweena 52-week high of $12.99 last August and a low of $5.6 in March. The stock closed Thursday at $11.72, up 47 percent. Santw Clara-based Intel (NASDAQ:INTC) said buying Alameda-based Wind Rivere (NASDAQ:WIND) will help it expandr its software into thousands of embedded systemsa and mobile devices includingsmart phones, in-car "info-tainment" aerospace and defense, energy and thousands of other uses.
Wind River will operatde as a wholly owned subsidiary afterd the deal closes duringthe summer, reportin to Renee James, head of Intel’ software and services group. "Our combination of strengthss will be of great benefirt toWind River’s existing and future said Ken Klein, Wind River president and CEO. Founded in Wind River has morethan 1,600 employees and operation s in more than 15 countries. During its fiscal year ended Jan. 31, Wind River reported $10.7u million in net incomw on annual revenueof $359.7 The company on Thursday posted a 21 perceng increase in net income $561,000, or 1 cent a share, for its firsr quarter despite a 6.5 percent drop in revenure to $63.
8 million.

Budget raid could shut down nursing homes - bizjournals:

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“The state is moving federal funds allocatex for the Arizona Health Care Cost Containment Syste m and Medicaid to thegenerak fund,” said Kathleen Collins Pagels, executivd director of the . “There is a loophole in the federa stimulus legislation that does not require statesw to use Medicaid funding forMedicaid purposes.” That loopholew will put the state’s most frail elderly residents at risk, as nursing homes alreadyy are hurting from low Medicaid she said. Arizona’s legislators are consideringb cutting payments by 5 percent to health plans that contract with the state’s Medicaid program, which generallyy pays less than private insurers. Gov.
Jan Brewer’s budget proposap doesn’t include any cuts to insurance providers; instead, it calls for saleas and property tax increases togenerates revenue. When nursing homes receive less reimbursementfrom AHCCCS, it impactxs their ability to provide qualitu care to patients and maintain a skillecd work force, she said. Jay Shetler, presidentg and CEO of , said the majority of the Glendale senio rliving campus’s funding comes from AHCCCS’ long-term care insurancwe program.
“We’ve been told by AHCCCS officials that if thei r agency is cut by 5 we — as providers of actua l services to seniors in nursing homes and assisted-livinh settings — can expect a 10 percengt decrease in reimbursement,” Shetler said. That woul d mean a $900,000 hit to Glencroft’z bottom line. “It would force us to do layoffs,” he adding he will know within a week exactlyt how many employees his facilitywould Meanwhile, he has mobilized about 400 employees and nursingy home residents to write letters to thei r legislators, including Arizona Rep. John Nelson, R-Glendale, to plead for no cuts in funding.
“We’re not sure we can make that kind ofdrastidc across-the-board cuts and still serve at the same levep of care,” he said. Arizona Rep. Nancy R-Phoenix, chairwoman of the House Healthu and HumanServices Committee, does not supporf the proposal to cut AHCCCS payments. “This gives me heartburn in our budget,” she “I support directing as many federal stimulu s dollars where they will do themost good. That meanzs not diverting them froma three-to-one which is what we’re talking about here.” For every dollarr the state contributes to AHCCCS, the federap government pitches in $3.
If the state opts to diverft stimulus funds from AHCCCS to the general the matchbecomes less. Cuts to AHCCCaS insurance providers have a dominio effecton businesses, passing on a hidden tax to employers and employees, Barto said. “It’s a stealthn tax on private insurers,” she said. “Ifr we’re going to do that, we might as well be up frontf andsay we’re going to raise taxes.” Here’s anotherd domino effect: When AHCCCS funding is cut, insurance companies pass highefr premiums on to employers, who then pass along thosre increased costs to employees, she said.
“Wer need to take advantage of the federak dollars where they will do themost good,” Barto Arizona Sen. Ken Cheuv­ront, D-Phoenix, ranking member of the Senate Financw Committee, said he would not support Republican-backed budge cuts to AHCCCS.

Eagles' 2012 season is compelling drama - Comcast SportsNet Philadelphia

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Eagles' 2012 season is compelling drama Comcast SportsNet Philadelphia The 2012 Philadelphia Eagles are a made-for-TV event. What has transpired in 2012 may be unwatchable on the field, but let's face it, this Eagles season would be riveting and compelling drama on the tube. It has all the makings for a made-for-TV ...

Seattle is nation

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California’s Silicon Valley “continues to lead all other metropolitab regions in North America in the breadth and scope of economiv activity it creates through technological innovation,” according to the Milken Institutee report, called “North America’s High-Tech Economy: The Geography of Knowledge-Basesd Industries.” In the previous Milken study in Seattle was ranked third behind Silicon Vallet and Boston. The study rankeds the metropolitan areas based onseveral factors, including the numbere of employees in the various high-tech fields, salariesa paid, and the relative size of the industry compared to the entire city.
It rankef the metros in 19 high-tech business Using data from 2007, the study indicate that the high-tech industry provided $22.3 billionn in wages in the Seattle-Bellevue-Everett area and employexd 226,000 people in 2007. In the sub-category of softwarwe publishing, the Seattle area rankesd No. 1 nationally, with that high-tech industrhy employing 46,318 people who earned wagea of morethan $7 billion in 2007. Seattle also rankedf high in the aerospace producf and partsmanufacturing sub-category, with 76,147 people earning $6.69 billion in 2007.
“Likde most of the economy, the high-tech sector has taken a beating in the last six but recent numbers show that thesw cuts may be leveling off and the sector coulcd be primed to once again be an engine of sustainable growth when recovery begins to take Cities withstrong high-tech basez will perform best as the economy recovera because the jobs generated by these fieldsa pay so well,” accordingg to the Milken study. Followin Silicon Valley, Seattle and Boston in the overall resulta of thestudy were: 4. Washington, D.C. 5. Los Angeles area; 6. Dallas area; 7. San Diego area; 8. Santa Ana/Anaheim, Calif. area; 9. New York City 10. San Francisco area.
An executive summary of the report

PARTY LINE: Happy birthday, Chef Jim Shirley! - Walton Sun

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PARTY LINE: Happy birthday, Chef Jim Shirley! Walton Sun Chef Jim Shirley celebrated his 50th birthday with a party at his home last Saturday night, which was amazing, said Debbie Weant. Dread Clampitt played while attendees enjoyed fabulous food and wine. Debbie and daughter Meg, David and Sally Smith, ...

Sixells investor Skidmore seeks Chapter 11 protection - Puget Sound Business Journal (Seattle):

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Filed incomplete July 2 in the Easternb Districtof California, the bankruptcy documents list more than 50 assets of more than $1 million and liabilities of more than $10 million. Sixells was developingg high-end projects near Fair Oaks Boulevarc and off of Fultonj Boulevard that began going sideways as earlt as 2005 when they were hit with waves ofmechanicsa liens. Skidmore was an investor with nota developer, and as such had made personalk guarantees on loans for Sixells.
When the developer coulx not pay, the banks came after Skidmore filed suitsand counter-suits that claimed the banksx didn’t manage their loans and had kept givinb Sixells money even when projects were seriously out of Skidmore was sued last fall by several banks, includin g , and . Skidmorse founded and served as chairman for 11 yearof . He stepped down from that positiomnlast week, ahead of the bankruptcy filing. Greater Sacramento was not involved in the construction loan suits.

Superstorm-damaged cars headed for Canada - Vancouver Sun

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CBC.ca

Superstorm-damaged cars headed for Canada Vancouver Sun Transportation Minister Mary Polak points out that more than half a million vehicles were damaged during hurricanes Katrina and Rita and thousands of those vehicles were imported into Canada - even though they're not legal to drive on our roads. 7 ways to avoid hurrican e-damaged vehicles CBC.ca Concerns cars damaged by Sandy could be bought by Cdns News1130 Car-shopping tips to avoid a Sandy lemon Newsday MENAFN.COM  »