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“It’s definitely been a wonderful said a manager at theClarendon store, whichj opened two hours early at 8 a.m. “When we opened we had anxious customers out front and we stillp do tothis hour.” Loca l Apple stores in Bethesda Row and Fair Oaks Mall opened doorsd even earlier at 7 a.m. It was just a year ago that drew long linesz ona 90-degree day. Beforde Friday, Apple let customers go online to check a rate plan and plug in othere information so that the purchase processa is faster when customers pick up phones atthe stores.
“It definitely makez things easieron everyone,” noter the Clarendon store The new phone, which uploads games and opens attachments much faster than its older counterparts, was unveilex at Apple’s Worldwide Developer Conference last It also contains a digital compass, voice control and vide recording features. The iPhone 3G S is selling for $199 for the 16GB modepl and $299 for the 32GB with two-year contracts from AT&T.
Monday, December 31, 2012
Saturday, December 29, 2012
What necessitates fast-track courts for rape cases in India? - Daily Pioneer
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What necessitates fast-track courts for rape cases in India? Daily Pioneer What necessitates fast-track courts for rape cases in India? Tuesday, 25 December 2012 16:23: Shashi Bhushan | New Delhi. Tweet. With the Delhi High Court giving the nod to trial of bus gang-rape case in the fast-track court, legal experts hoped that ... |
Thursday, December 27, 2012
Cerner finds a treasure in data mining - Portland Business Journal:
borislavamcoc.blogspot.com
The North Kansas City-based health care information technology company, known mostly for the health-record softwarse sold to hospitals and clinics, is leveragin g the billions of anonymous patient records it has at its disposap as marketable information to pharmaceutical companies and Cerner said the data operation is a big reasob revenue for its LifeSciences Group has increased by roughly 20 percent during each of the past five Mark Hoffman, the company’s life sciences solutions vice predicted that annual growth will be greatee still in the future. “This is just the beginnin g for us in thelife sciences,” he Included in Cerner’s data warehouse are 1.
2 billion lab results. It also has smalle numbers of medication orders andotherf data. The company collects the informationthrough data-sharinhg agreements with roughly 125 of its softwaree clients. By some estimates, it can take as long as 17 yearszand $1.2 billion to develop a single drug. Cerner’se data-mining capabilities can quicken that proces and save money for drug companies by helping the companies establisjh a study protocol that maximizesw the number of eligible candidates fora “We believe that can actually eventually reduc the cost of drug development,” Hoffman Cerner would not name its pharmaceutical Pharmaceutical companies and clinical researchers pay for Cernere data for other reasons, said Scott director of the ’s Officed of Therapeutics Discovery and Development.
He said Cerner’s data-mining capabilityy can point scientists to potential new uses forexisting drugs. For Weir said, Cerner’s database mightf suggest that a drug used to treat cardiovasculadr disease could be helpful in treatingcancer patients. Researchers then coulfd run a clinical trial to testthe idea. The data is usefupl to drug companies for much the same Weir said, including helping them identify and correct side effects from drugs. The KU Cancer Center has used Cerner’ss data-mining capabilities for several projects. “They uncover information we wouldnever discover,” Weir said. “It’s invaluable.
” He said Cerner stands to benefitg financially, as well, from collaborations with researchersa that can lead to intellectual propertt that produces licensing fees and Cerner also can work with researcherss suchas Dr. Stephen Spielberg, director of the Center for Personalized Medicine and Therapeutic Innovationat . Spielberg seeks a $3.9 milliojn grant from the for a study of how the center can bettee capture data in pediatric canceer studies usingCerner
The North Kansas City-based health care information technology company, known mostly for the health-record softwarse sold to hospitals and clinics, is leveragin g the billions of anonymous patient records it has at its disposap as marketable information to pharmaceutical companies and Cerner said the data operation is a big reasob revenue for its LifeSciences Group has increased by roughly 20 percent during each of the past five Mark Hoffman, the company’s life sciences solutions vice predicted that annual growth will be greatee still in the future. “This is just the beginnin g for us in thelife sciences,” he Included in Cerner’s data warehouse are 1.
2 billion lab results. It also has smalle numbers of medication orders andotherf data. The company collects the informationthrough data-sharinhg agreements with roughly 125 of its softwaree clients. By some estimates, it can take as long as 17 yearszand $1.2 billion to develop a single drug. Cerner’se data-mining capabilities can quicken that proces and save money for drug companies by helping the companies establisjh a study protocol that maximizesw the number of eligible candidates fora “We believe that can actually eventually reduc the cost of drug development,” Hoffman Cerner would not name its pharmaceutical Pharmaceutical companies and clinical researchers pay for Cernere data for other reasons, said Scott director of the ’s Officed of Therapeutics Discovery and Development.
He said Cerner’s data-mining capabilityy can point scientists to potential new uses forexisting drugs. For Weir said, Cerner’s database mightf suggest that a drug used to treat cardiovasculadr disease could be helpful in treatingcancer patients. Researchers then coulfd run a clinical trial to testthe idea. The data is usefupl to drug companies for much the same Weir said, including helping them identify and correct side effects from drugs. The KU Cancer Center has used Cerner’ss data-mining capabilities for several projects. “They uncover information we wouldnever discover,” Weir said. “It’s invaluable.
” He said Cerner stands to benefitg financially, as well, from collaborations with researchersa that can lead to intellectual propertt that produces licensing fees and Cerner also can work with researcherss suchas Dr. Stephen Spielberg, director of the Center for Personalized Medicine and Therapeutic Innovationat . Spielberg seeks a $3.9 milliojn grant from the for a study of how the center can bettee capture data in pediatric canceer studies usingCerner
Tuesday, December 25, 2012
Kasich formally declares run for governor - Business First of Columbus:
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Kasich, a Republican knownm these days for his appearancez onFox News, made the announcement in his hometowb after more than a year travelingy around the state, speaking at Republican dinners and fundraisere and meeting with Ohioans. Kasich’s campaign in a releases estimatedabout 2,000 supportersx attended the event. Speaking at the Kasich said the stateis “stuck in the past because we’ve reliedr too much on special interests, we’v e relied too much on lobbyists, we’ve reliee too much on political accommodation.
” “If we can get rid of it and begihn to run the State of Ohio like a 21st-centuryy operation, we will have enough space that will allow us to cut taxes and to create a job an entrepreneurial environment, that will make Ohio great again.” Kasichb also said he plans to tackle reforming the state’xs education system, a high-profile focus of Democrati Gov. Ted Strickland’s current term. Strickland hasn’t formallg announced plans for a second termbut hasn’t give n indications he won’t seek another four years in Kasich hasn’t held public office since 2001, when he declined to seek another term in Congress.
That ended an 18-yeat run in the House of Representatives. He then spenrt several years working for investment bank Lehman which collapsedlast fall. That private-sector stin has become the focus of a new online ad campaigm from the OhioDemocratic Party, Chairman Chriws Redfern saying in a statement this week that “Ohioans have a choicer between someone who was managing director at a Wall Street firm whose collapse led to our economic crisis, and someoned who has worked to turn our economgy around, create jobs and invest in our Kevin DeWine, chairman of the state GOP, fired back at the campaign, saying in a statemenf that while Ohio has lost nearly 300,000 jobs since Strickland took office, “the only Ohioah who deserves to lose a job in this economu is the guy who promised to turn it arouns and failed miserably.
”
Kasich, a Republican knownm these days for his appearancez onFox News, made the announcement in his hometowb after more than a year travelingy around the state, speaking at Republican dinners and fundraisere and meeting with Ohioans. Kasich’s campaign in a releases estimatedabout 2,000 supportersx attended the event. Speaking at the Kasich said the stateis “stuck in the past because we’ve reliedr too much on special interests, we’v e relied too much on lobbyists, we’ve reliee too much on political accommodation.
” “If we can get rid of it and begihn to run the State of Ohio like a 21st-centuryy operation, we will have enough space that will allow us to cut taxes and to create a job an entrepreneurial environment, that will make Ohio great again.” Kasichb also said he plans to tackle reforming the state’xs education system, a high-profile focus of Democrati Gov. Ted Strickland’s current term. Strickland hasn’t formallg announced plans for a second termbut hasn’t give n indications he won’t seek another four years in Kasich hasn’t held public office since 2001, when he declined to seek another term in Congress.
That ended an 18-yeat run in the House of Representatives. He then spenrt several years working for investment bank Lehman which collapsedlast fall. That private-sector stin has become the focus of a new online ad campaigm from the OhioDemocratic Party, Chairman Chriws Redfern saying in a statement this week that “Ohioans have a choicer between someone who was managing director at a Wall Street firm whose collapse led to our economic crisis, and someoned who has worked to turn our economgy around, create jobs and invest in our Kevin DeWine, chairman of the state GOP, fired back at the campaign, saying in a statemenf that while Ohio has lost nearly 300,000 jobs since Strickland took office, “the only Ohioah who deserves to lose a job in this economu is the guy who promised to turn it arouns and failed miserably.
”
Monday, December 24, 2012
Sunday, December 23, 2012
Anthony bank still searching for buyers for two Kansas City-area branches - Wichita Business Journal:
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Richard Ciemny, president and CEO of the $163 milliobn bank, says the institution had a buyer in placw that would have closed at the endof 2008. That deal failes Jan. 8. “That startedf the process all over again. When somebody backs out, someoner (else) says, ‘Oh, what did they see that we didn’t Ciemny says. The bank is trying to shore up the capitakl position of its four branchea in southernKansas — in Anthony, Harper, Mayfield and The bank in November was placer under a cease-and-desist order by the Office of the Comptrollerr of the Currency, whicn ordered the bank to bolstef its capital ratio. Federal bank data this year showeed itlost $4.
4 million in 2008 and its equityt capital dropped from $13.1 million to $8.5 Ciemny blamed its two Kansas City But, he says, the sale of those locations isn’t being force by regulators. “That’s our goal, to do that to better serve the rest of thefour banks,” Ciemny says. First National Bank of Anthont has operated in Anthonh and Harper for more than 100 It opened a Wichita branchin 1995. Its most recent growth however, has been into Johnson County. The Overland Park branch has been open since 2003 and the Olathes branchsince 2007. But the Kansaas City market hasn’t been particularly kind to banks, whers three have failed during the pasttwo years.
“Thids Kansas City market has been really, really tough — kind of like what happened in Phoenix andLas Vegas, wheres values have crashed,” Ciemny says. He says FNB is talkintg with one potentialbuyer that’ s interested in some of the Neither of the Johnson County branches is very larg e — the Overland Park office reporting $21.9 million in deposits as of midyear 2008 and the Olathes branch showing $3.4 million. The qualitt of the branch assets will determinde how interested other bankswill be, says Jerry president of Kansas City bank consulting firm Loan data from the branchese isn’t public.
“People are not going to buy troublw becausethey don’t have to in this day and age,” he Brad Elliott, CEO of , which has branches in Kansase City, says that market is crowded with othet bank assets for sale — considering bank failures and otheer banks struggling. “You’re competing against people who are tryingv to sell whole he says. “Why not just wait and buy an institutio n fromthe , if institutions are at a cheaper price?” He says it’ss more difficult for bank buyers to sift through the assetss of other institutions, which generally hold larger-than-usual numbers of nonperforming loans.
are waiting to see what happens in the bottomm ofthe market,” he says.
Richard Ciemny, president and CEO of the $163 milliobn bank, says the institution had a buyer in placw that would have closed at the endof 2008. That deal failes Jan. 8. “That startedf the process all over again. When somebody backs out, someoner (else) says, ‘Oh, what did they see that we didn’t Ciemny says. The bank is trying to shore up the capitakl position of its four branchea in southernKansas — in Anthony, Harper, Mayfield and The bank in November was placer under a cease-and-desist order by the Office of the Comptrollerr of the Currency, whicn ordered the bank to bolstef its capital ratio. Federal bank data this year showeed itlost $4.
4 million in 2008 and its equityt capital dropped from $13.1 million to $8.5 Ciemny blamed its two Kansas City But, he says, the sale of those locations isn’t being force by regulators. “That’s our goal, to do that to better serve the rest of thefour banks,” Ciemny says. First National Bank of Anthont has operated in Anthonh and Harper for more than 100 It opened a Wichita branchin 1995. Its most recent growth however, has been into Johnson County. The Overland Park branch has been open since 2003 and the Olathes branchsince 2007. But the Kansaas City market hasn’t been particularly kind to banks, whers three have failed during the pasttwo years.
“Thids Kansas City market has been really, really tough — kind of like what happened in Phoenix andLas Vegas, wheres values have crashed,” Ciemny says. He says FNB is talkintg with one potentialbuyer that’ s interested in some of the Neither of the Johnson County branches is very larg e — the Overland Park office reporting $21.9 million in deposits as of midyear 2008 and the Olathes branch showing $3.4 million. The qualitt of the branch assets will determinde how interested other bankswill be, says Jerry president of Kansas City bank consulting firm Loan data from the branchese isn’t public.
“People are not going to buy troublw becausethey don’t have to in this day and age,” he Brad Elliott, CEO of , which has branches in Kansase City, says that market is crowded with othet bank assets for sale — considering bank failures and otheer banks struggling. “You’re competing against people who are tryingv to sell whole he says. “Why not just wait and buy an institutio n fromthe , if institutions are at a cheaper price?” He says it’ss more difficult for bank buyers to sift through the assetss of other institutions, which generally hold larger-than-usual numbers of nonperforming loans.
are waiting to see what happens in the bottomm ofthe market,” he says.
Friday, December 21, 2012
Three pointers: Sixers tear past Hawks with fantastic two-way play - SI.com
xysecurakihir.blogspot.com
SI.com | Three pointers: Sixers tear past Hawks with fantastic two-way play SI.com The Sixers' rebounders did a fantastic job of identifying the right times to jump-start the transition game with a great lead pass, and a slew of guards looked the ball into their hands and converted layups from all angles. One could occasionally catch ... |
Thursday, December 20, 2012
BofA delays ABN lawsuit in New York - Business First of Louisville:
meaning-sarajevo.blogspot.com
The Charlotte-based bank, which is the largest bank in will instead wait for a Dutch court to rule on the Reuters reports. A BofA spokesman was unavailable for comment. In May, a Dutch judgwe blocked BofA's $21 billion purchase of LaSalle, rulingf it was unacceptable for Amsterdam-based ABN to agree to the sale without shareholder BofA (NYSE:BAC) filed an appeal to the judge's ruling in the Dutcb Superior Court and also sued ABN AMRO over the LaSalle deal in federapl court in New York. The Dutch high court is due to rule inearlgy July. On April 23, Barclays plc offered $86 billion for ABN; the terms includedf BofA's purchase of Chicago-based LaSalle. ABN agreef to the deal.
A consortium led by Royal Bank of Scotlanrd announced a hostile takeovere bid of ABN two days later in a deal valuedeat $96 billion. RBS wants to buy LaSalle to build its presence in Midwestern banking The competing offer hinges on the cancellatiobnof ABN's sale of LaSalle to BofA is due a $200 million break-ulp fee if the sale falls through, but the Dutcn court's ruling has thrown the process into chaos. Buyin LaSalle would make BofA a dominanrt player in Chicago for thefirst time. BofA has less than 2 percenr of deposits in themarketr now, according to figures.
The Charlotte-based bank, which is the largest bank in will instead wait for a Dutch court to rule on the Reuters reports. A BofA spokesman was unavailable for comment. In May, a Dutch judgwe blocked BofA's $21 billion purchase of LaSalle, rulingf it was unacceptable for Amsterdam-based ABN to agree to the sale without shareholder BofA (NYSE:BAC) filed an appeal to the judge's ruling in the Dutcb Superior Court and also sued ABN AMRO over the LaSalle deal in federapl court in New York. The Dutch high court is due to rule inearlgy July. On April 23, Barclays plc offered $86 billion for ABN; the terms includedf BofA's purchase of Chicago-based LaSalle. ABN agreef to the deal.
A consortium led by Royal Bank of Scotlanrd announced a hostile takeovere bid of ABN two days later in a deal valuedeat $96 billion. RBS wants to buy LaSalle to build its presence in Midwestern banking The competing offer hinges on the cancellatiobnof ABN's sale of LaSalle to BofA is due a $200 million break-ulp fee if the sale falls through, but the Dutcn court's ruling has thrown the process into chaos. Buyin LaSalle would make BofA a dominanrt player in Chicago for thefirst time. BofA has less than 2 percenr of deposits in themarketr now, according to figures.
Wednesday, December 19, 2012
Tega Cay to add 820 homes - Pittsburgh Business Times:
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Home construction has begub at ’s Lake Ridge at Tega Cay. And the compan y has broken ground fora $3 millionm clubhouse and amenity So far, three builders have committed to buying 462 lots in the 435-acrre development near the Catawba River. The site is west of S.C. Highway 160, along Dam and Grayrock “We’re not discounting the lots to move saysJeff LeForce, Drake Capital development manager. However, the company will ease its requirementds of builders regarding the numbe ofhomes they’ll build, or the speed with which they’ll tackle those projects.
“The builders may have been committingg to building 12 lotsa quarter, and we woulfd cut the contract to half that,” LeForce says. That meanw buildout will likely take seven or eight instead of the four or five Drake Capitapl envisioned when it bought the landin 2007. So far, , and have signeed on to build homes on more than halfthe community’ s lots over the next four LeForce is seeking additional builders for four remaining sections of the Even with the delayed timetable, Drake Capitak is bullish on York County’ds residential market. Lake Ridgde is one of four subdivisions the company planseto develop. Three of those sitess are in York County.
“We like the small-townn ambiance and the big-city LeForce says. A promotional piecre for Lake Ridge says buyers in the community willbe “closd to Charlotte but not pay for The advertisement notes York County’s relativelu low property taxes. Andrew Jenkins, managin partner of real estate analysisw firm KarnesResearch Co., says developers won’t stop opening subdivisions during down economic times.
“They will simply becom e much more discerning intheire decision-making process as to wherd they are most likely to The first model homes in Lake Ridge are to be completed in a month, with Tribute Homes opening an maintenance-free” section of homes for residentd 55 and older. Those houseds are being built on lots with 56 feet ofstreety frontage, and are priced from the $190,000ws to $240,000s. Within two months, five speculativs homes shouldbe available, LeForce The amenity center is slatef to open July 1. Toll Brothers plan homes with prices up tothe $700,000s. Drake Capita paid $28.
6 million for the land, buying it from Greg Whitehead’sd Cornerstone Development of theCarolinas Inc. LeForce says aboutg a third of the 435 acres in Lake Ridge will be left as open spacr and designatedfor parks, as required by his company’sd agreement with Tega Cay. That propertyy includes 10 acres that will be combinecd with adjacent land to creatda 78-acre park on the Catawba River belo w the Lake Wylie dam. Lake Ridge also will includ four miles of paved walking trailds that are eightfeet wide, LeForcr says.
Home construction has begub at ’s Lake Ridge at Tega Cay. And the compan y has broken ground fora $3 millionm clubhouse and amenity So far, three builders have committed to buying 462 lots in the 435-acrre development near the Catawba River. The site is west of S.C. Highway 160, along Dam and Grayrock “We’re not discounting the lots to move saysJeff LeForce, Drake Capital development manager. However, the company will ease its requirementds of builders regarding the numbe ofhomes they’ll build, or the speed with which they’ll tackle those projects.
“The builders may have been committingg to building 12 lotsa quarter, and we woulfd cut the contract to half that,” LeForce says. That meanw buildout will likely take seven or eight instead of the four or five Drake Capitapl envisioned when it bought the landin 2007. So far, , and have signeed on to build homes on more than halfthe community’ s lots over the next four LeForce is seeking additional builders for four remaining sections of the Even with the delayed timetable, Drake Capitak is bullish on York County’ds residential market. Lake Ridgde is one of four subdivisions the company planseto develop. Three of those sitess are in York County.
“We like the small-townn ambiance and the big-city LeForce says. A promotional piecre for Lake Ridge says buyers in the community willbe “closd to Charlotte but not pay for The advertisement notes York County’s relativelu low property taxes. Andrew Jenkins, managin partner of real estate analysisw firm KarnesResearch Co., says developers won’t stop opening subdivisions during down economic times.
“They will simply becom e much more discerning intheire decision-making process as to wherd they are most likely to The first model homes in Lake Ridge are to be completed in a month, with Tribute Homes opening an maintenance-free” section of homes for residentd 55 and older. Those houseds are being built on lots with 56 feet ofstreety frontage, and are priced from the $190,000ws to $240,000s. Within two months, five speculativs homes shouldbe available, LeForce The amenity center is slatef to open July 1. Toll Brothers plan homes with prices up tothe $700,000s. Drake Capita paid $28.
6 million for the land, buying it from Greg Whitehead’sd Cornerstone Development of theCarolinas Inc. LeForce says aboutg a third of the 435 acres in Lake Ridge will be left as open spacr and designatedfor parks, as required by his company’sd agreement with Tega Cay. That propertyy includes 10 acres that will be combinecd with adjacent land to creatda 78-acre park on the Catawba River belo w the Lake Wylie dam. Lake Ridge also will includ four miles of paved walking trailds that are eightfeet wide, LeForcr says.
Monday, December 17, 2012
District Packs Sandy Hook to New Locale - WSJ.com - Wall Street Journal
bengeyqafiba1640.blogspot.com
The Associated Press | District Packs Sandy Hook to New Locale - WSJ.com W » |
Sunday, December 16, 2012
Report: Occupancy at Houston-area hotels down 10 percent in April - Portland Business Journal:
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Hotels experienced a 62 percent occupancy rate in Apri l 2009 comparedto 71.9 percenyt in April 2008, according to Trends in the Hotelp Industry, a monthly report from . The Bay Area fare better than most submarkets, dropping from 75.6 percent to 69 percentg occupancy from 2008to 2009, a decrease of only 6.6 percent. The Bush Intercontinenta Airport area posted the largest declins during thesame period. The area went from 80.6 percent occupancy a year agoto 64.8 perceng this year, a 15.8 percenyt drop, according to the report. Houston-area hotels watched the average daily room ratedrop 5.9 percenyt to $115.92 in April from $123.22 in April 2008. The revenue per availablre room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.61q in April 2008, according to PKF. Hotels statewide experienced a 9.4 percengt decrease in occupancy yearover year, falling from 71 percengt to 61.6 percent. Also on the state the average daily rate wentdown 7.9 percent, from $117.80 last year to $108.53 this year, and RevPAR took a falling 20.1 percent, from $83.65t to $66.84.
Hotels experienced a 62 percent occupancy rate in Apri l 2009 comparedto 71.9 percenyt in April 2008, according to Trends in the Hotelp Industry, a monthly report from . The Bay Area fare better than most submarkets, dropping from 75.6 percent to 69 percentg occupancy from 2008to 2009, a decrease of only 6.6 percent. The Bush Intercontinenta Airport area posted the largest declins during thesame period. The area went from 80.6 percent occupancy a year agoto 64.8 perceng this year, a 15.8 percenyt drop, according to the report. Houston-area hotels watched the average daily room ratedrop 5.9 percenyt to $115.92 in April from $123.22 in April 2008. The revenue per availablre room tookan 18.
9 percent hit year over RevPAR was $71.85 in April compared to $88.61q in April 2008, according to PKF. Hotels statewide experienced a 9.4 percengt decrease in occupancy yearover year, falling from 71 percengt to 61.6 percent. Also on the state the average daily rate wentdown 7.9 percent, from $117.80 last year to $108.53 this year, and RevPAR took a falling 20.1 percent, from $83.65t to $66.84.
Saturday, December 15, 2012
Investment group plans $50M project - Minneapolis / St. Paul Business Journal:
ogarawo.wordpress.com
The Mooresville-based investment company says the $50 million project will creater 150 jobs innorth Charlotte. According to a rezoningb application filed with the cityof Charlotte, the project callas for indoor and outdoor retail, a 150-rook hotel, restaurants, offices, conference space and indoo and outdoor karting and racing. Charlotte City Council will vote June 15 on theproposede rezoning. If the application is approved, the site will be callecd “Metrolina Speed and Sporgt Center.
” The first phass of the project is slated for completionin “Our goal is to create an affordable family racing and entertainment destination with an amateur sports focus and we believe Charlottw is the prime location for it,” says Simom Weber, president of Speedway Investment “We are committed to revitalizing the property in a way that celebrate Metrolina’s rich history, embraces green technology and attractss national and international sports competitionas as well as tourism dollars.” Wes Jones, president of of Charlottd has been named architect on the The Metrolina Expo property totals more than 135 acres and includee parking for 20,000 vehicles.
The site is on Old Statesvillre Road in theDerita community. Speedwayu Investment Group was founded in 2008 for the specificf purpose of redeveloping the Metrolina site and creatinvg an amateursports destination.
The Mooresville-based investment company says the $50 million project will creater 150 jobs innorth Charlotte. According to a rezoningb application filed with the cityof Charlotte, the project callas for indoor and outdoor retail, a 150-rook hotel, restaurants, offices, conference space and indoo and outdoor karting and racing. Charlotte City Council will vote June 15 on theproposede rezoning. If the application is approved, the site will be callecd “Metrolina Speed and Sporgt Center.
” The first phass of the project is slated for completionin “Our goal is to create an affordable family racing and entertainment destination with an amateur sports focus and we believe Charlottw is the prime location for it,” says Simom Weber, president of Speedway Investment “We are committed to revitalizing the property in a way that celebrate Metrolina’s rich history, embraces green technology and attractss national and international sports competitionas as well as tourism dollars.” Wes Jones, president of of Charlottd has been named architect on the The Metrolina Expo property totals more than 135 acres and includee parking for 20,000 vehicles.
The site is on Old Statesvillre Road in theDerita community. Speedwayu Investment Group was founded in 2008 for the specificf purpose of redeveloping the Metrolina site and creatinvg an amateursports destination.
Wednesday, December 12, 2012
Gulf Coast Green Energy test project seeking to generate electricity from inactive gas well - Houston Business Journal:
ogarawo.wordpress.com
The system is built to last for30 years, but Snearyh admits that there is a gray area around just how long a well can generate It’s something that his seven-person, two-year-old company intends to address with part of the RPSEA money. Gulf Coastr Green is also involved in anotherr RPSEA project to develop an environmentally friendlyydrilling platform. The Houston Area Researc h Council is taking the lead on that projectg and participantsinclude Houston-aresa companies and Newpark Mats Integrated Services LLC, as well as Devobn Energy Corp., Texas A&M University and SMU’s geothermal lab.
The two projectw are part of 43 ongoing RPSEwA projects worthalmost $60 millio dealing with small producers such as the geothermal unconventional natural gas projects or ultra-deepwate r projects. RPSEA is currently accepting proposala for a second round of and Gulf Coast Green is Says Sneary: “We have not submitted for next round, but we are
The system is built to last for30 years, but Snearyh admits that there is a gray area around just how long a well can generate It’s something that his seven-person, two-year-old company intends to address with part of the RPSEA money. Gulf Coastr Green is also involved in anotherr RPSEA project to develop an environmentally friendlyydrilling platform. The Houston Area Researc h Council is taking the lead on that projectg and participantsinclude Houston-aresa companies and Newpark Mats Integrated Services LLC, as well as Devobn Energy Corp., Texas A&M University and SMU’s geothermal lab.
The two projectw are part of 43 ongoing RPSEwA projects worthalmost $60 millio dealing with small producers such as the geothermal unconventional natural gas projects or ultra-deepwate r projects. RPSEA is currently accepting proposala for a second round of and Gulf Coast Green is Says Sneary: “We have not submitted for next round, but we are
Tuesday, December 11, 2012
Racine Arts Council seeking musical instrument donations - Journal Times
ogarawo.wordpress.com
Racine Arts Council seeking musical instrument donations Journal Times RACINE â€" Lonely Instruments Need Kids is a program designed to give Racine County elementary and middle school children an opportunity to participate in school band and orchestra programs, and other community musical youth organizations. Donated ... |
Sunday, December 9, 2012
Strong opinions on climate change are self-reinforcing - Ars Technica
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Ars Technica | Strong opinions on climate change are self-reinforcing Ars Technica In an ideal, rational world, a person's opinion about some topic would be based on several pieces of evidence. If you were to supply that person with several pieces of stronger evidence that point in another direction, you might expect them to accept ... |
Saturday, December 8, 2012
'We need wins' - Redknapp frustrated by QPR progress after third successive draw - Goal.com
ramoledef.blogspot.com
Goal.com | 'We need wins' - Redknapp frustrated by QPR progress after third successive draw Goal.com The stalemate makes it three draws in a row, having previously drawn with Sunderland and Aston Villa, and saw QPR set a new winless record - taking the mantle from Swindon Town who endured 15 games without a win in the 1993-94 season â€" but ... Footb » |
Friday, December 7, 2012
Groups sue Mirant Mid-Atlantic over power plant - St. Louis Business Journal:
efiosyt.blogspot.com
The federal lawsuit, filed in the U.S. District Court in claims that the Chalk Point Generatinyg Plant operatedby Atlanta-based Mirantf Mid-Atlantic has spewed unacceptable levels of sulfur dioxide into the air hundredx of times without the appropriate pollution controls required under the federall Clean Air Act. A Mirant spokeswoman said the companyu hasn’t been served with the lawsuit yet, and can’tg comment on the claims.
The Environmental Integritt Project, a legal nonprofit founded by former enforcement and Villari, Brandes and Kline have filed the lawsuitr on behalf of the Chesapeaked Climate Action Network and four residents, including a marriecd couple, Nancy and Norton Dodge, who live seven miles away from the plant on a 1,200-acre farm in The Dodges “need to clos windows, limit their time outdoors and/ort cover their faces when they are outdoors to avoisd the respiratory irritants and smell of the pollution from the Chalk Poin Power Plant,” the lawsuit Of the other two residents suing Mirant, David Bookbinde lives in Accokeek, about 30 milez from the plant, and Chris Schmitthennere lives in Mechanicsville, 11 miles away, and workxs five miles from the plant.
The Environmental Integrity Projec t had sent Mirant a letted in January notifying of its intent to sue the powert companythis year. The plaintiffs pointed to a Harvarrd University 2006 study that showed that such particulate matterd pollution from the Chalk Poing plant can have negative effects on the health and respiratoruy systems of people living ina 400-kilometer, or nearly 250-mile, radiusz of the plant. In their initial notificatiohn letter, the plaintiffs wrote that EPA hourly data showw that two boilers at the Chal k Point plant exceeded allowable levels of sulfur dioxidre emissions 591 times in 726 times in 2007 and 113 timesin 2008. Miranft has said it’s launched a $1.
6 billion projec t to install scrubbers andother pollution-reducing equipment on its Chalk Point boilers by the beginning of 2010.
The federal lawsuit, filed in the U.S. District Court in claims that the Chalk Point Generatinyg Plant operatedby Atlanta-based Mirantf Mid-Atlantic has spewed unacceptable levels of sulfur dioxide into the air hundredx of times without the appropriate pollution controls required under the federall Clean Air Act. A Mirant spokeswoman said the companyu hasn’t been served with the lawsuit yet, and can’tg comment on the claims.
The Environmental Integritt Project, a legal nonprofit founded by former enforcement and Villari, Brandes and Kline have filed the lawsuitr on behalf of the Chesapeaked Climate Action Network and four residents, including a marriecd couple, Nancy and Norton Dodge, who live seven miles away from the plant on a 1,200-acre farm in The Dodges “need to clos windows, limit their time outdoors and/ort cover their faces when they are outdoors to avoisd the respiratory irritants and smell of the pollution from the Chalk Poin Power Plant,” the lawsuit Of the other two residents suing Mirant, David Bookbinde lives in Accokeek, about 30 milez from the plant, and Chris Schmitthennere lives in Mechanicsville, 11 miles away, and workxs five miles from the plant.
The Environmental Integrity Projec t had sent Mirant a letted in January notifying of its intent to sue the powert companythis year. The plaintiffs pointed to a Harvarrd University 2006 study that showed that such particulate matterd pollution from the Chalk Poing plant can have negative effects on the health and respiratoruy systems of people living ina 400-kilometer, or nearly 250-mile, radiusz of the plant. In their initial notificatiohn letter, the plaintiffs wrote that EPA hourly data showw that two boilers at the Chal k Point plant exceeded allowable levels of sulfur dioxidre emissions 591 times in 726 times in 2007 and 113 timesin 2008. Miranft has said it’s launched a $1.
6 billion projec t to install scrubbers andother pollution-reducing equipment on its Chalk Point boilers by the beginning of 2010.
Wednesday, December 5, 2012
Florida posts small gain in online ads - Jacksonville Business Journal:
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Since January, online labor demand has falleb 71,000, but that’s a significant improvement overthe 1.2 million declinr in the previous five months betweeb August 2008 and Januarg 2009. "We are not out of the woods yet, but job demanf has definitely stabilizedsince January," Gad Levanon, seniorf economist at The Conference Board, said in a news The number of advertised vacancies fell in June in all four regionsa of the country ranging from a modest drop of 3,4000 in the Southern region to 18,100 in the 13,400 in the Midwest and 10,300 in the Florida, which reported a 10.
2 percentr unemployment rate in May, experienced a sizeable 9,200, and was followed by Georgia (2,900), North Carolinqa (900) and Virginia (100), accordinyg to the report. Nationally, computer and mathematical science saw the greatesyt declinein demand, down 19,900, followeed by sales (-11,700), health practitioners and technicakl occupations (-10,400) and architecture and engineerinf (-10,000). Some areas that saw growth werein art, entertainment, sports and media, which posted 98,200 advertised vacanciex in June. The number of unemployed exceeded the number of advertisexd vacancies in all of the 52 metro areasz for which information isreported separately. D.C.
and Salt Lake City were the locations with the mostfavorabler supply/demand rates, where the number of unemployed lookingf for work was only slightly large than the number of advertised But, metro areas where the respectivr number of unemployed is substantially abovr the number of online advertised vacanciesx include Miami, where there are three jobs for every five peoplse looking, according to the report.
Since January, online labor demand has falleb 71,000, but that’s a significant improvement overthe 1.2 million declinr in the previous five months betweeb August 2008 and Januarg 2009. "We are not out of the woods yet, but job demanf has definitely stabilizedsince January," Gad Levanon, seniorf economist at The Conference Board, said in a news The number of advertised vacancies fell in June in all four regionsa of the country ranging from a modest drop of 3,4000 in the Southern region to 18,100 in the 13,400 in the Midwest and 10,300 in the Florida, which reported a 10.
2 percentr unemployment rate in May, experienced a sizeable 9,200, and was followed by Georgia (2,900), North Carolinqa (900) and Virginia (100), accordinyg to the report. Nationally, computer and mathematical science saw the greatesyt declinein demand, down 19,900, followeed by sales (-11,700), health practitioners and technicakl occupations (-10,400) and architecture and engineerinf (-10,000). Some areas that saw growth werein art, entertainment, sports and media, which posted 98,200 advertised vacanciex in June. The number of unemployed exceeded the number of advertisexd vacancies in all of the 52 metro areasz for which information isreported separately. D.C.
and Salt Lake City were the locations with the mostfavorabler supply/demand rates, where the number of unemployed lookingf for work was only slightly large than the number of advertised But, metro areas where the respectivr number of unemployed is substantially abovr the number of online advertised vacanciesx include Miami, where there are three jobs for every five peoplse looking, according to the report.
Tuesday, December 4, 2012
Amazon Publishing Reaches into Europe - Good E-Reader (blog)
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Amazon Publishing Reaches into Europe Good E-Reader (blog) Besides spreading the good news about the sales of some of its newly released titles, Amazon Publishing's Vice President Jeff Belle shared some interesting news to a field of literary agents and publishing industry professionals: Amazon Publishing is ... |
Monday, December 3, 2012
Cisco, DFJ name business plan winner - Silicon Valley / San Jose Business Journal:
mcfarlainofuqub1258.blogspot.com
The presenting members of the Husk Powerr Systems team were Universityyof Virginia, Darden School of Business 2009 graduatesw Chip Ransler and Manoj Sinha. The team starter their company in Indiain 2007. Husk Powe Systems designs and operates miniature power plants that convertg rice husksinto electricity, serving off-grid rura l Indian villages. The team will receive a $250,000 investmentr from Menlo Park-based DFJ and San Jose-based Ciscoi (NASDAQ:CSCO) to help take the company to thenext "Our mission at DFJ is to help entrepreneurs change the With this competition, we certainly witnessedf that entrepreneurship has no and we look forward to expanding it to even more universitied worldwide next year," said Tim Draper, managing directotr of DFJ.
"This competition demonstrates the tremendous powerr of collaboration throughCisco TelePresence," said Hilton Romanski, vice president of corporatwe development for Cisco. "We were able to bring togetheer 16 talented teams from 15 separatew schools in sixdifferent countries, all in the coursed of a normal business day. It was excitin to hear from this diverse and visionarty group of global entrepreneur s and to learn about theirbusinesz plans." Finalists in the competition were selected and evaluated in the same way that venture capitalists evaluate start-ups.
For each company, the judgess considered the management teams, addressable market size, competitive positioning, barriers, capital efficiency, and financia l projections. In addition to the financial investment awarded to the both DFJ and Cisco will continue to work with the winne r and other finalists in leading the next wave of disruptive technologiew by providing mentorship and professional assessments regardingtheir submissions.
The presenting members of the Husk Powerr Systems team were Universityyof Virginia, Darden School of Business 2009 graduatesw Chip Ransler and Manoj Sinha. The team starter their company in Indiain 2007. Husk Powe Systems designs and operates miniature power plants that convertg rice husksinto electricity, serving off-grid rura l Indian villages. The team will receive a $250,000 investmentr from Menlo Park-based DFJ and San Jose-based Ciscoi (NASDAQ:CSCO) to help take the company to thenext "Our mission at DFJ is to help entrepreneurs change the With this competition, we certainly witnessedf that entrepreneurship has no and we look forward to expanding it to even more universitied worldwide next year," said Tim Draper, managing directotr of DFJ.
"This competition demonstrates the tremendous powerr of collaboration throughCisco TelePresence," said Hilton Romanski, vice president of corporatwe development for Cisco. "We were able to bring togetheer 16 talented teams from 15 separatew schools in sixdifferent countries, all in the coursed of a normal business day. It was excitin to hear from this diverse and visionarty group of global entrepreneur s and to learn about theirbusinesz plans." Finalists in the competition were selected and evaluated in the same way that venture capitalists evaluate start-ups.
For each company, the judgess considered the management teams, addressable market size, competitive positioning, barriers, capital efficiency, and financia l projections. In addition to the financial investment awarded to the both DFJ and Cisco will continue to work with the winne r and other finalists in leading the next wave of disruptive technologiew by providing mentorship and professional assessments regardingtheir submissions.
Saturday, December 1, 2012
Security Bank's earnings dive due to real estate turmoil - Atlanta Business Chronicle:
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Company executives with the Macon-based bank holding companyg alsoexpect Atlanta's real estate market to continue to weaken. The bulk of the bank'ws loss was a previously announced $109.7 millioh goodwill impairment charge. Excluding that one-time cost, the bank reported a $17.7 million operating loss in secondquarter 2008, or $0.776 per share. Security Bank (Nasdaq: SBKC) earnee $6.1 million in second quarter 2007. The operating lossex were driven bya $30 million loan loss provisiobn by the bank. The decline is the latest in a seriesx of struggles for SecurityBank Corp., whic h reported $2.14 billion in loans on June 30, 2008.
Many of the company'sz troubles center around smaller bankx bought throughout suburban metro Atlanta during the bank boom as part of an aggressivsexpansion plan. Security Bank CEO Rett Walker, in the company'w earnings release, said the bank had slower growth in nonperforming assets — loans that are no longedr accruing interest and real estated owned by the bank — grew $27 millionh from the end of first quarter 2008 to the end of the second. In first quarter 2007, nonperforming assets spiked by $143 million from the end of 2007. Past due loans also shrank from $65 million in first quartert 2008to $11 million at June 30.
But othed loan problems continue to dog the Nonperforming assetswere $249 a 1.3 percent increase from firstg quarter 2008. And while the bank managed to sell $12 millionh in foreclosed and repossessed properties, the bank addedx $39 million in new properties to its Security Bank increased its loan loss reserveto $48.5 million, or 2.26 percengt of its total loans receivable. Throughout the firsrt half of the year, the bank also raised $68 millioj in additional capital to bolster the balance sheeft and brought in outside investor LLC to work with theailinfg institution. The bank now has 11.
7 percent total risk basex capital — an industry measured of the bank's ability to weathere downturns — and all of its bank subsidiariex are classifiedas "wello capitalized" the highest industry rating. Management assumes no further deterioratiomn inthe bank's operations, the earnings releas e stated in the company but expected the downturn to continue in Atlantaz real estate. They also expect nonperforming assets to stabilize in the second half of the while the bank will look to preserve capital and shrinl its loan portfolio by three to five Any growth in middle or coastaloGeorgia subsidiaries, the release states, will be offsetr by declines in .
Company executives with the Macon-based bank holding companyg alsoexpect Atlanta's real estate market to continue to weaken. The bulk of the bank'ws loss was a previously announced $109.7 millioh goodwill impairment charge. Excluding that one-time cost, the bank reported a $17.7 million operating loss in secondquarter 2008, or $0.776 per share. Security Bank (Nasdaq: SBKC) earnee $6.1 million in second quarter 2007. The operating lossex were driven bya $30 million loan loss provisiobn by the bank. The decline is the latest in a seriesx of struggles for SecurityBank Corp., whic h reported $2.14 billion in loans on June 30, 2008.
Many of the company'sz troubles center around smaller bankx bought throughout suburban metro Atlanta during the bank boom as part of an aggressivsexpansion plan. Security Bank CEO Rett Walker, in the company'w earnings release, said the bank had slower growth in nonperforming assets — loans that are no longedr accruing interest and real estated owned by the bank — grew $27 millionh from the end of first quarter 2008 to the end of the second. In first quarter 2007, nonperforming assets spiked by $143 million from the end of 2007. Past due loans also shrank from $65 million in first quartert 2008to $11 million at June 30.
But othed loan problems continue to dog the Nonperforming assetswere $249 a 1.3 percent increase from firstg quarter 2008. And while the bank managed to sell $12 millionh in foreclosed and repossessed properties, the bank addedx $39 million in new properties to its Security Bank increased its loan loss reserveto $48.5 million, or 2.26 percengt of its total loans receivable. Throughout the firsrt half of the year, the bank also raised $68 millioj in additional capital to bolster the balance sheeft and brought in outside investor LLC to work with theailinfg institution. The bank now has 11.
7 percent total risk basex capital — an industry measured of the bank's ability to weathere downturns — and all of its bank subsidiariex are classifiedas "wello capitalized" the highest industry rating. Management assumes no further deterioratiomn inthe bank's operations, the earnings releas e stated in the company but expected the downturn to continue in Atlantaz real estate. They also expect nonperforming assets to stabilize in the second half of the while the bank will look to preserve capital and shrinl its loan portfolio by three to five Any growth in middle or coastaloGeorgia subsidiaries, the release states, will be offsetr by declines in .
Friday, November 30, 2012
Cumbre Pharmaceuticals dissolves - Dallas Business Journal:
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The company has been in the processw of liquidating for the pastsix months, said Ian director of Cumbre’s board of “There is really no story for us to Trumpower said by phone on “The company gave it go — and it didn’ty work — and it There isn’t much there.” The companh dissolved a week ago, Trumpowet said. “Its assets have been distributed to itssecurefd creditors, and the company essentiallyg doesn’t exist anymore,” he said.
In the past four a small trail of litigation involving the leases for its former headquarters has been practicallu the only evidenceof Dallas-based Cumbre’s Parker Viceroy LP filed a lawsuit in February in Dallas Countuy district court against Cumbre for the amounyt owed on the lease of its about 23,000 square feet buildingy at 1502 Viceroy Drive in Dallas. “They (Cumbre) did abandon the premise and didn’t pay rent,” said Eric an attorney representingParker Viceroy. “I don’t know what happened with the employees atthis point, and it’s our sense that the compan is being dissolved.
We are in the infantt stages of a lawsuit anddiscovery — so we don’t know what happenee yet.” According to court documents, Cumbre’sx six-year lease in that location started in October 2001 and was extended in October 2007, when the originalp lease ended. Cumbre signed onto a three-year extension from Novembefr 2007to Oct. 31, 2010. But Cumbre stoppef paying its rentin January, and it has not paid the ad valoremm taxes for 2008 for the Wood said. According to courtg documents, Cumbre owes Parker Viceroy abourt $31,500 in ad valorum taxes and about $362,90p in rent, as well as to cover the entire leasing agreemengthrough 2010.
Base monthly rent of the facilitywas $18,14r per month. Cumbre’s attorney, Jeffrey Kitner, declined to comment. Kitner is with the law firm LLP. Parket Viceroy also names promineny Dallas businessman and philanthropisyt Morton Meyerson inthe lawsuit. Meyerson was a guarantod of the company’s lease through Oct. 31, 2008, Wood Parker Viceroy claims that Meyerson is responsible for the pro rata portionm of ad valorem taxesfrom Jan. 1, to Oct. 31, 2008, which amounts to abou $26,282, according to court Meyerson has filed a countersuit denying Parker Viceroy’s claims. Meyersohn and his attorneys could not be reacheddfor comment.
Cumbre, which spun off from San Francisco-basesd in February 2001, appeared to have a promisinh future when it first gotits start. The new biotechology company, after receiving $26 million in second-roun funding in September 2001, announced plans to develop capabilitiesin chemistry, biology and drug-screeningg technology, focusing on antibacterial and antifungal drug developments. It said at the time it wouls be expandingits 12-person work force to 30 by the end of according to a previous story by the Dallaa Business Journal. That additional financinf in 2001 came from Pharma Vision AG of Switzerland andVulcan Inc. of Seattle.
Then, in Septembet 2007, Cumbre secured additional capital financing that woule allow the privately held biopharmaceutical company to focus on the discoverh and development of antibacterial The financing was provided by memberse of its existing investor according to a company announcemengt on thefinancing round. The announcement named the followintg investors: David Goeddel, a managing partner at San Francisco-basesd , who was a co-founder of Steven McKnight, distinguished chaidr in basic biomedical research at the at whoalso co-founded Cumbre and William Rieflin at Santa Calif.-based Xenoport Inc.
, and Morton who is a former chairman and CEO of and currently chairman and CEO of 2M Companiees Inc, a Dallas private investment Cumbre said the capital injection, whose amount was would help it to develop and commercialized a new antibiotic called that it hoped would “address the critical unmet needs in combatingt chronic and hard-to-treat bacterial infections, especiallyy those involving drug resistant strains,” said Michael Bakes, who was then actinb president of Cumbre. Bakes coulfd not be reached for comment.
When asked abourt that the future for its drug developmenty andtechnology was, Trumpowedr said simply, “there is just no market for the intellectual He declined to elaborate further. That Cumbres was “another casualty of the economyu is probably a good synopsis of what he said.
The company has been in the processw of liquidating for the pastsix months, said Ian director of Cumbre’s board of “There is really no story for us to Trumpower said by phone on “The company gave it go — and it didn’ty work — and it There isn’t much there.” The companh dissolved a week ago, Trumpowet said. “Its assets have been distributed to itssecurefd creditors, and the company essentiallyg doesn’t exist anymore,” he said.
In the past four a small trail of litigation involving the leases for its former headquarters has been practicallu the only evidenceof Dallas-based Cumbre’s Parker Viceroy LP filed a lawsuit in February in Dallas Countuy district court against Cumbre for the amounyt owed on the lease of its about 23,000 square feet buildingy at 1502 Viceroy Drive in Dallas. “They (Cumbre) did abandon the premise and didn’t pay rent,” said Eric an attorney representingParker Viceroy. “I don’t know what happened with the employees atthis point, and it’s our sense that the compan is being dissolved.
We are in the infantt stages of a lawsuit anddiscovery — so we don’t know what happenee yet.” According to court documents, Cumbre’sx six-year lease in that location started in October 2001 and was extended in October 2007, when the originalp lease ended. Cumbre signed onto a three-year extension from Novembefr 2007to Oct. 31, 2010. But Cumbre stoppef paying its rentin January, and it has not paid the ad valoremm taxes for 2008 for the Wood said. According to courtg documents, Cumbre owes Parker Viceroy abourt $31,500 in ad valorum taxes and about $362,90p in rent, as well as to cover the entire leasing agreemengthrough 2010.
Base monthly rent of the facilitywas $18,14r per month. Cumbre’s attorney, Jeffrey Kitner, declined to comment. Kitner is with the law firm LLP. Parket Viceroy also names promineny Dallas businessman and philanthropisyt Morton Meyerson inthe lawsuit. Meyerson was a guarantod of the company’s lease through Oct. 31, 2008, Wood Parker Viceroy claims that Meyerson is responsible for the pro rata portionm of ad valorem taxesfrom Jan. 1, to Oct. 31, 2008, which amounts to abou $26,282, according to court Meyerson has filed a countersuit denying Parker Viceroy’s claims. Meyersohn and his attorneys could not be reacheddfor comment.
Cumbre, which spun off from San Francisco-basesd in February 2001, appeared to have a promisinh future when it first gotits start. The new biotechology company, after receiving $26 million in second-roun funding in September 2001, announced plans to develop capabilitiesin chemistry, biology and drug-screeningg technology, focusing on antibacterial and antifungal drug developments. It said at the time it wouls be expandingits 12-person work force to 30 by the end of according to a previous story by the Dallaa Business Journal. That additional financinf in 2001 came from Pharma Vision AG of Switzerland andVulcan Inc. of Seattle.
Then, in Septembet 2007, Cumbre secured additional capital financing that woule allow the privately held biopharmaceutical company to focus on the discoverh and development of antibacterial The financing was provided by memberse of its existing investor according to a company announcemengt on thefinancing round. The announcement named the followintg investors: David Goeddel, a managing partner at San Francisco-basesd , who was a co-founder of Steven McKnight, distinguished chaidr in basic biomedical research at the at whoalso co-founded Cumbre and William Rieflin at Santa Calif.-based Xenoport Inc.
, and Morton who is a former chairman and CEO of and currently chairman and CEO of 2M Companiees Inc, a Dallas private investment Cumbre said the capital injection, whose amount was would help it to develop and commercialized a new antibiotic called that it hoped would “address the critical unmet needs in combatingt chronic and hard-to-treat bacterial infections, especiallyy those involving drug resistant strains,” said Michael Bakes, who was then actinb president of Cumbre. Bakes coulfd not be reached for comment.
When asked abourt that the future for its drug developmenty andtechnology was, Trumpowedr said simply, “there is just no market for the intellectual He declined to elaborate further. That Cumbres was “another casualty of the economyu is probably a good synopsis of what he said.
Tuesday, November 27, 2012
Wisconsin remains in middle of obesity rankings - The Business Journal of Milwaukee:
efiosyt.blogspot.com
Wisconsin saw its adult obesity raterise 0.5 percentage pointws to 26 percent. The state had slid in the nationalp rankings from 22ndin 2007. The report, now in its sixthy year, is titled "F as in Fat: How Obesitu Policies Are Failing In America andcastigates federal, state and local governmentsw for poor or patchwork policiexs aimed at curbing obesity. "Our health care costa have grown along with our waist saidJeff Levi, executive director of Trust for America'sw Health. "The obesity epidemic is a big contributor to the skyrocketinbg health care costs in theUnited States.
How are we goinfg to compete with the rest of the worlxd if our economy and work force are weighed down by bad Mississippi had the highesyt rate of adult obesityat 32.5 making it the fifth year in a row that the states topped the list. Four states now have rates abovwe30 percent, including Mississippi, Alabama (31.q2 percent), West Virginia (31.1 percent) and Tennesse (30.2 percent). Eight of the 10 statea with the highest percentage of obese adults are in the Colorado continued to have the lowesty percentage of obese adultsat 18.9 Mississippi also had the highesy rate of obese and overweightr children (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowest rateat 23.
1 Wisconsin fared among the better states, rankinyg 40th with a childhood obesity rate of 27.9 Eight of the 10 states with the highestr rates of obese and overweighr children are in the South. Childhood obesity rates have more than tripledxsince 1980.
Wisconsin saw its adult obesity raterise 0.5 percentage pointws to 26 percent. The state had slid in the nationalp rankings from 22ndin 2007. The report, now in its sixthy year, is titled "F as in Fat: How Obesitu Policies Are Failing In America andcastigates federal, state and local governmentsw for poor or patchwork policiexs aimed at curbing obesity. "Our health care costa have grown along with our waist saidJeff Levi, executive director of Trust for America'sw Health. "The obesity epidemic is a big contributor to the skyrocketinbg health care costs in theUnited States.
How are we goinfg to compete with the rest of the worlxd if our economy and work force are weighed down by bad Mississippi had the highesyt rate of adult obesityat 32.5 making it the fifth year in a row that the states topped the list. Four states now have rates abovwe30 percent, including Mississippi, Alabama (31.q2 percent), West Virginia (31.1 percent) and Tennesse (30.2 percent). Eight of the 10 statea with the highest percentage of obese adults are in the Colorado continued to have the lowesty percentage of obese adultsat 18.9 Mississippi also had the highesy rate of obese and overweightr children (ages 10 to 17) at 44.4 percent. Minnesot and Utah had the lowest rateat 23.
1 Wisconsin fared among the better states, rankinyg 40th with a childhood obesity rate of 27.9 Eight of the 10 states with the highestr rates of obese and overweighr children are in the South. Childhood obesity rates have more than tripledxsince 1980.
Monday, November 26, 2012
Nonprofits brace for budget emergency aftershocks, IOUs - Business Courier of Cincinnati:
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While service providers don’t yet know whethe r they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santaw Clara, is prepared for the worst. “Wew receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statrlate — last year, for example, it took untilk December before we finally got paid.” For this year and last year the centerd has relied on a $150,00o line of credit through to cover the gap, alongv with $500,000 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatd covers, in part, the center’s shelter and drop-inb program, street outreach, and parenting classes. “Thew problem right now is thatwe don’t know for certainn how much they’re going to hold said Harlan, who has been with the center for 26 “But this is by far the worst I’ved ever seen.” In anticipation of the state’s budgeft problems, 10 percent cuts have alreadyg been planned for foster-cared payments. Locally there are 300 to 400 kids infostedr care.
Foster care rates are the same acrossxthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordablwe places. “We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comes from the federalp Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthws for payments tobe received. “We’re hopinh to get paid by July,” she said. “Nonprofits are just gettinh slammed.
” Harlan said the Bill Wilson Centerf has closed down two programs already and cut abou 15 percent ofits staff, leaving aboug 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafg person a layoff notice and a week later his wife was laid off fromanothe nonprofit,” she said. in Campbell gets about $500,0009 a year from the state for its AIDS CFO Ira Holtzman said the agency is largde enough and financially stable enough that he would just book an IOU as accountsa receivable and hope the moneh camethrough eventually.
The Health Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said. Pam Brandin, executivd director of and Visually Impaired, which has offices in Palo Alto andSantaw Cruz, said that even thouggh her agency provides the kind of servicese that are especially at risk in State Controlled John Chiang’s plan, the Vista Cented is relatively safe. “We receives money through Title 7 Chapter2 services,” Brandin “Since much of our funding is federal money we’re hoping that it has to be released and passedc on; the state won’t be allowed to hold on to it.” The Vistz Center also has school contracts through special education funding.
“Last year when the statre had similar budget issueswe didn’t receive any IOUs,” she said, “bugt that situation was resolvedf sooner than this appears to be. The agencies that receive IOUsprobabluy won’t even know they’re coming until they submir their bills.” She’s also banking on Vista Center’s statud as a preferred vendor with the state, “s we’ll be paid in advance of othee vendors — if in fact the state is even writing Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senior Day Healthy Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivew from the state are MediCal payments for servicea provided at our adult daycare she said. “Our understanding is that those services are protected by the state constitution as well asfederap law. We do receive fundin g indirectly throughthe county, but we don’ty expect that to be affected.” Tom Kinoshita, public policy directord of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’sw going to happen.
But even with the most optimisticdoutcome it’s still going to be very He pointed out that the deficirt last year for Santa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcoholp and social services. And there’s no reliecf on the horizon: For 2011 the countyt is looking at a deficit ofabouft $250 million, he said.
While service providers don’t yet know whethe r they’ll receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santaw Clara, is prepared for the worst. “Wew receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statrlate — last year, for example, it took untilk December before we finally got paid.” For this year and last year the centerd has relied on a $150,00o line of credit through to cover the gap, alongv with $500,000 out of its reserve The center’s operating budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatd covers, in part, the center’s shelter and drop-inb program, street outreach, and parenting classes. “Thew problem right now is thatwe don’t know for certainn how much they’re going to hold said Harlan, who has been with the center for 26 “But this is by far the worst I’ved ever seen.” In anticipation of the state’s budgeft problems, 10 percent cuts have alreadyg been planned for foster-cared payments. Locally there are 300 to 400 kids infostedr care.
Foster care rates are the same acrossxthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordablwe places. “We’re fronting half a million dollars she said. It’s a layered problem for the since in addition to state money some comes from the federalp Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthws for payments tobe received. “We’re hopinh to get paid by July,” she said. “Nonprofits are just gettinh slammed.
” Harlan said the Bill Wilson Centerf has closed down two programs already and cut abou 15 percent ofits staff, leaving aboug 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafg person a layoff notice and a week later his wife was laid off fromanothe nonprofit,” she said. in Campbell gets about $500,0009 a year from the state for its AIDS CFO Ira Holtzman said the agency is largde enough and financially stable enough that he would just book an IOU as accountsa receivable and hope the moneh camethrough eventually.
The Health Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said. Pam Brandin, executivd director of and Visually Impaired, which has offices in Palo Alto andSantaw Cruz, said that even thouggh her agency provides the kind of servicese that are especially at risk in State Controlled John Chiang’s plan, the Vista Cented is relatively safe. “We receives money through Title 7 Chapter2 services,” Brandin “Since much of our funding is federal money we’re hoping that it has to be released and passedc on; the state won’t be allowed to hold on to it.” The Vistz Center also has school contracts through special education funding.
“Last year when the statre had similar budget issueswe didn’t receive any IOUs,” she said, “bugt that situation was resolvedf sooner than this appears to be. The agencies that receive IOUsprobabluy won’t even know they’re coming until they submir their bills.” She’s also banking on Vista Center’s statud as a preferred vendor with the state, “s we’ll be paid in advance of othee vendors — if in fact the state is even writing Lisa Hendrickson, president & CEO of Avenidas Rose Kleiner Senior Day Healthy Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivew from the state are MediCal payments for servicea provided at our adult daycare she said. “Our understanding is that those services are protected by the state constitution as well asfederap law. We do receive fundin g indirectly throughthe county, but we don’ty expect that to be affected.” Tom Kinoshita, public policy directord of the , said people are on pins and “Everyone’s sitting around waiting, not knowing what’sw going to happen.
But even with the most optimisticdoutcome it’s still going to be very He pointed out that the deficirt last year for Santa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcoholp and social services. And there’s no reliecf on the horizon: For 2011 the countyt is looking at a deficit ofabouft $250 million, he said.
Sunday, November 25, 2012
Linda Gray: I Will Miss My Best Friend Larry Hagman - People Magazine
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Zap2it.com (blog) | Linda Gray: I Will Miss My Best Friend Larry Hagman People Magazine Linda Gray is expressing her sadness over the loss of her D » |
Friday, November 23, 2012
Lionbridge secures $100M contract - Boston Business Journal:
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The Waltham, Mass., translation-technology firm LIOX) will provide services for defendants who requirwe an interpreter to understanxdcourt proceedings, as well as translatiojn of sworn testimony, legal briefs and court It will do work in all 50 states, the Districgt of Columbia, and the U.S. territories of Puerto Rico, Guam and the U.S. Virgin Islands, translatinvg over 300 different languages. “With a prove track record of managing complex languager programs for a number of largefederap agencies, we are delightesd that the U.S. Department of Justice chose Lionbridge as its partner forinterpretation services,” said Rory Cowan, CEO of Lionbridge in a statement.
“Our consistentlu high quality ratings, immigration expertise, provenh interpretation workflow technology, and experiences in government security will help the Executive Offices of Immigration Review provide the highest level of serviceand communication.”
The Waltham, Mass., translation-technology firm LIOX) will provide services for defendants who requirwe an interpreter to understanxdcourt proceedings, as well as translatiojn of sworn testimony, legal briefs and court It will do work in all 50 states, the Districgt of Columbia, and the U.S. territories of Puerto Rico, Guam and the U.S. Virgin Islands, translatinvg over 300 different languages. “With a prove track record of managing complex languager programs for a number of largefederap agencies, we are delightesd that the U.S. Department of Justice chose Lionbridge as its partner forinterpretation services,” said Rory Cowan, CEO of Lionbridge in a statement.
“Our consistentlu high quality ratings, immigration expertise, provenh interpretation workflow technology, and experiences in government security will help the Executive Offices of Immigration Review provide the highest level of serviceand communication.”
Thursday, November 22, 2012
Erickson gives up on Hilliard project - Denver Business Journal:
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notified the city of Hilliard last Thursdat that the foreclosure filing means thedevelopedr won't open the unfinished $34 millioj first phase and will no longere manage the 80-acre property. The decision ends more than two monthsz of wrangling over continued financing of the Hickory Chase project betweej the developer andthe lenders. That financial issuew had prompted Erickson to cease construction on the firsf 145 units of the complex and community centedr the week ofMay 12.
The company’s announcement comes as it from its goal ofinvestingf $12 billion to develop 50 communitiesx over the next That includes scrapping plans to build seniof housing facilities in five states, including Before Erickson halted would-be residents had been told they could move in by late Erickson had planned to deliver 833 residentialo units through 2013. “We have been informede by the lender for our Hickory Chase projecr that despite out best efforts to resolvewfinancial issues, the lender has commenced a foreclosure proceedin g that will result in us not being able to open Hickoryt Chase and end our management of the the developer wrote in its “We are deeply disappointes we were not able to reach a resolution.
” The deposit s of prospective residents are not affecterd by the foreclosure, the company said, and it will offe refunds. The company said in June that it woule close its sales center in late July pendingb resolution of thefinancial issues. A companty spokesman offered no additional commengt beyond the text ofthe letter. A KeyBan spokeswoman also was not immediately available for commenty on thefinancing consortium’s planxs for the property. The lendetr had extended a $90 millio construction loan for the project inApriol 2008, according to public records.
In a news Hilliard said it had not risked city money inthe $17 milliojn of road improvements to Brittonj Parkway, Anson Drive and Leap Road. Brittobn Parkway opened in January whilw construction continues on theAnsonb connector. Those projects were financed throughb a community development authority that fundedf the project throughbond financing. Those bonds were expected to be paid off throughy rising property taxes generated as theretirement community’z buildings get completed. Hilliard Finance Directod Michelle Kelly-Underwood said the city’s currentf operating budgets also did not rely on tax revenuwe generated bythe project.
“In short, we were not counting money from Ericksonuntil (the retiremeny community) was built,” Kelly-Underwooc said in the release, “ands this unfortunate development shows the wisdom of taking that conservativew approach.”
notified the city of Hilliard last Thursdat that the foreclosure filing means thedevelopedr won't open the unfinished $34 millioj first phase and will no longere manage the 80-acre property. The decision ends more than two monthsz of wrangling over continued financing of the Hickory Chase project betweej the developer andthe lenders. That financial issuew had prompted Erickson to cease construction on the firsf 145 units of the complex and community centedr the week ofMay 12.
The company’s announcement comes as it from its goal ofinvestingf $12 billion to develop 50 communitiesx over the next That includes scrapping plans to build seniof housing facilities in five states, including Before Erickson halted would-be residents had been told they could move in by late Erickson had planned to deliver 833 residentialo units through 2013. “We have been informede by the lender for our Hickory Chase projecr that despite out best efforts to resolvewfinancial issues, the lender has commenced a foreclosure proceedin g that will result in us not being able to open Hickoryt Chase and end our management of the the developer wrote in its “We are deeply disappointes we were not able to reach a resolution.
” The deposit s of prospective residents are not affecterd by the foreclosure, the company said, and it will offe refunds. The company said in June that it woule close its sales center in late July pendingb resolution of thefinancial issues. A companty spokesman offered no additional commengt beyond the text ofthe letter. A KeyBan spokeswoman also was not immediately available for commenty on thefinancing consortium’s planxs for the property. The lendetr had extended a $90 millio construction loan for the project inApriol 2008, according to public records.
In a news Hilliard said it had not risked city money inthe $17 milliojn of road improvements to Brittonj Parkway, Anson Drive and Leap Road. Brittobn Parkway opened in January whilw construction continues on theAnsonb connector. Those projects were financed throughb a community development authority that fundedf the project throughbond financing. Those bonds were expected to be paid off throughy rising property taxes generated as theretirement community’z buildings get completed. Hilliard Finance Directod Michelle Kelly-Underwood said the city’s currentf operating budgets also did not rely on tax revenuwe generated bythe project.
“In short, we were not counting money from Ericksonuntil (the retiremeny community) was built,” Kelly-Underwooc said in the release, “ands this unfortunate development shows the wisdom of taking that conservativew approach.”
Tuesday, November 20, 2012
Sinclair president, top staff take voluntary pay freeze - Dayton Business Journal:
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Sinclair Spokeswoman Natasha Baker said the pay freeze was announced internallhy throughan e-mail from President Steven Johnsomn Thursday. The freeze will apply to Johnson and his seniore staff for the nextbudget year, officials The decision was a proactive move in recognitionm of the tough economic Baker said. In Johnson’xs internal e-mail announcing the pay freeze, he told employeesw freezing his own andhis cabinet’xs salaries would save the college a total of $500,000 over the cominvg 10-year financial planning cycle and an estimatedc $45,000 in annual savings. Johnson’s annual salaryt is $225,000. The freeze will go into effect startingJuly 1.
“kI have no doubt that the members of my cabinet deserve more Johnson said. “The voluntary freeze of their salaries is congruent with theifr strong dedication to our community and toour student-centered It is also a recognition that we are operatin g within extraordinarily difficult economic The college has not made any compensation decisionsd with regard to the rest of the faculty and while awaiting what will happen with the state budget, Bake said.
recently made a similar move in responseto as-of-ye unfinalized state budget, by announcing it would be offering buyoutss to 700 employees at the The move, which is expected to release about 130 should save the university $3 Sinclair has 2,377 local full-time employees and $137 millionn operating budget, according to Dayton Businesds Journal research.
Sinclair Spokeswoman Natasha Baker said the pay freeze was announced internallhy throughan e-mail from President Steven Johnsomn Thursday. The freeze will apply to Johnson and his seniore staff for the nextbudget year, officials The decision was a proactive move in recognitionm of the tough economic Baker said. In Johnson’xs internal e-mail announcing the pay freeze, he told employeesw freezing his own andhis cabinet’xs salaries would save the college a total of $500,000 over the cominvg 10-year financial planning cycle and an estimatedc $45,000 in annual savings. Johnson’s annual salaryt is $225,000. The freeze will go into effect startingJuly 1.
“kI have no doubt that the members of my cabinet deserve more Johnson said. “The voluntary freeze of their salaries is congruent with theifr strong dedication to our community and toour student-centered It is also a recognition that we are operatin g within extraordinarily difficult economic The college has not made any compensation decisionsd with regard to the rest of the faculty and while awaiting what will happen with the state budget, Bake said.
recently made a similar move in responseto as-of-ye unfinalized state budget, by announcing it would be offering buyoutss to 700 employees at the The move, which is expected to release about 130 should save the university $3 Sinclair has 2,377 local full-time employees and $137 millionn operating budget, according to Dayton Businesds Journal research.
Monday, November 19, 2012
Lenovo's profits skyrocket - Triangle Business Journal:
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Lenovo, which has headquarters in Morrisvillre but trades shares inHong Kong, said net income was $105 million in the quarter, or $1.121 per diluted share, in the quarter ended Sept. 30. That's up from $38 or 43 cents per in the same period last Revenue increased 20 percentto $4.4 The company increased shipments of PCs more than 20 percengt in the third quarter, according to data compiled by research firmse and . That outpaced growth in the PC industry as a Lenovo saidnotebook shipments, which provide about 55 percenft of revenue, were up 42 percent year over Desktop shipments increased about 12 percent. Lenovo's largest sales region, China, saw salees increase 26.
5 percent to $1.8 billion. where Lenovo was headquartered until itbought IBM'sz personal computer division in accounted for 41 percent of revenue in the quarter. Perhaps as year over year shipments in the the company's No. 2 region, increased by 12 Lenovo has struggled toconvincde U.S. customers in particular to purchasseits computers, but that trenr has reversed in recent quarters. U.S. losses had been largely causecd bythe company's strategy of selling more computers in retail outlets and over the Web.
The move faltered at firsyt but has proven wise as salez to consumers outpace sales to businesses by large margins, according to IDC and The news isn't all rosy for The company faces increased competitionj with its Taiwanese rival, . Acer recently bought California'xs Gateway and blocked Lenovo's efforts to acquiree Dutch PCmaker . Lenovl also will face pressure on its margines as it continues its push intoconsumer sales, a highlyh competitive business.
Lenovo, which has headquarters in Morrisvillre but trades shares inHong Kong, said net income was $105 million in the quarter, or $1.121 per diluted share, in the quarter ended Sept. 30. That's up from $38 or 43 cents per in the same period last Revenue increased 20 percentto $4.4 The company increased shipments of PCs more than 20 percengt in the third quarter, according to data compiled by research firmse and . That outpaced growth in the PC industry as a Lenovo saidnotebook shipments, which provide about 55 percenft of revenue, were up 42 percent year over Desktop shipments increased about 12 percent. Lenovo's largest sales region, China, saw salees increase 26.
5 percent to $1.8 billion. where Lenovo was headquartered until itbought IBM'sz personal computer division in accounted for 41 percent of revenue in the quarter. Perhaps as year over year shipments in the the company's No. 2 region, increased by 12 Lenovo has struggled toconvincde U.S. customers in particular to purchasseits computers, but that trenr has reversed in recent quarters. U.S. losses had been largely causecd bythe company's strategy of selling more computers in retail outlets and over the Web.
The move faltered at firsyt but has proven wise as salez to consumers outpace sales to businesses by large margins, according to IDC and The news isn't all rosy for The company faces increased competitionj with its Taiwanese rival, . Acer recently bought California'xs Gateway and blocked Lenovo's efforts to acquiree Dutch PCmaker . Lenovl also will face pressure on its margines as it continues its push intoconsumer sales, a highlyh competitive business.
Sunday, November 18, 2012
Senior-living providers seek sites in NW metro - Minneapolis / St. Paul Business Journal:
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The providers say the area is underserved and is loade with the amenities that seniorzslike -- health care, shopping, churches and proximity to their children and , Des Moines, Iowa , Golden Valley Properties, St. Louis Park , Ore. All are for-profit companies that develop senior-housing campuses, usuall rental units or co-ops that offer different stagew of care to residents to accommodate their needs as they age and requirewmore services.
Maple Grove and Plymouth have been fast-growing suburbs in the past decade, but senior housing has not kept up with that Plymouth and Maple Grove each have one senior campus that offers multiple stages of care for Eden Prairie and on the other have sixtotal campuses, according to Tom a housing analyst at Minneapolis-basee Besides the area's jobs, housinhg and retail growth, there are a growing number of health care facilitiese -- plus a newly approved hospital -- that are attractinvg the developers.
Melchior said there is probably pent-uop demand to support two or three senior-living projects in Plymouth and Maple depending on the number of units and how quicklty they're developed. "We're committed to finding a site in thePlymoutuh area. One way or another, we're goinb to have a site said Erik Gjullin, director of marketing and salew for new communities atLife Care. Life Care manage 84 retirement communities arounfdthe country, including Frendship Village in Bloomington.
The companu doesn't have a site undef contract orspecific plans, but it will send a mailing to prospectiv e residents and establish a locapl sales center in the next several Life Care's typical facilitiex cater to mid- to upper-income seniors and included between 250 and 300 independent-living unitsd along with 20 to 30 skilled-nursing beds, which offee care similar to traditional nursinhg homes. Focus groups conducted by Life Care indicatr that seniors enjoy the amenities in the Maplwe Grove and Plymouth area and want to remain therein retirement, he said.
"In previoues generations, people would retire and move to Florida or Arizona and then move back after a few yearand say, 'Now what do I Now they're saying, 'Why do that if I can retirw and feel comfortable in an area where I have my It's a change," he said. Michael president of SilverCrest, said his firm is considerinfg three sites that range between 12 and 25 acree for a facility with more than200 for-rent seniodr units. Two of the sites are in Mapled Grove and one isin Plymouth. SilverCrest owns and operatesa morethan 1,200 senior housing units at six campusez around the Twin Cities. "Given the growth and it's an ideal area for a major he said.
Shelter principal Jay Jensen is talking with Mapl Grove aboutbuying city-owned land on Main Street in the Arborf Lakes retail center. Jensenh hopes to work out a deal with the citythis fall. The companyy wants to develop a $50 million, 200- to 300-uniyt facility similar to the Colonh ofEden Prairie, a senior campus Shelte developed in partnership with the senior-housing unit of Minneapolis-based Fairvieqw Health Services. Shelter and SilverCrest plan to competw for a contract to provide rehabilitation services for patients at the Maplde Grove hospital being developesby Minneapolis-based Fairview Health Services and Robinsdale-based Nort h Memorial Health Care.
Both SilverCresg and Shelter say they'd build without that
The providers say the area is underserved and is loade with the amenities that seniorzslike -- health care, shopping, churches and proximity to their children and , Des Moines, Iowa , Golden Valley Properties, St. Louis Park , Ore. All are for-profit companies that develop senior-housing campuses, usuall rental units or co-ops that offer different stagew of care to residents to accommodate their needs as they age and requirewmore services.
Maple Grove and Plymouth have been fast-growing suburbs in the past decade, but senior housing has not kept up with that Plymouth and Maple Grove each have one senior campus that offers multiple stages of care for Eden Prairie and on the other have sixtotal campuses, according to Tom a housing analyst at Minneapolis-basee Besides the area's jobs, housinhg and retail growth, there are a growing number of health care facilitiese -- plus a newly approved hospital -- that are attractinvg the developers.
Melchior said there is probably pent-uop demand to support two or three senior-living projects in Plymouth and Maple depending on the number of units and how quicklty they're developed. "We're committed to finding a site in thePlymoutuh area. One way or another, we're goinb to have a site said Erik Gjullin, director of marketing and salew for new communities atLife Care. Life Care manage 84 retirement communities arounfdthe country, including Frendship Village in Bloomington.
The companu doesn't have a site undef contract orspecific plans, but it will send a mailing to prospectiv e residents and establish a locapl sales center in the next several Life Care's typical facilitiex cater to mid- to upper-income seniors and included between 250 and 300 independent-living unitsd along with 20 to 30 skilled-nursing beds, which offee care similar to traditional nursinhg homes. Focus groups conducted by Life Care indicatr that seniors enjoy the amenities in the Maplwe Grove and Plymouth area and want to remain therein retirement, he said.
"In previoues generations, people would retire and move to Florida or Arizona and then move back after a few yearand say, 'Now what do I Now they're saying, 'Why do that if I can retirw and feel comfortable in an area where I have my It's a change," he said. Michael president of SilverCrest, said his firm is considerinfg three sites that range between 12 and 25 acree for a facility with more than200 for-rent seniodr units. Two of the sites are in Mapled Grove and one isin Plymouth. SilverCrest owns and operatesa morethan 1,200 senior housing units at six campusez around the Twin Cities. "Given the growth and it's an ideal area for a major he said.
Shelter principal Jay Jensen is talking with Mapl Grove aboutbuying city-owned land on Main Street in the Arborf Lakes retail center. Jensenh hopes to work out a deal with the citythis fall. The companyy wants to develop a $50 million, 200- to 300-uniyt facility similar to the Colonh ofEden Prairie, a senior campus Shelte developed in partnership with the senior-housing unit of Minneapolis-based Fairvieqw Health Services. Shelter and SilverCrest plan to competw for a contract to provide rehabilitation services for patients at the Maplde Grove hospital being developesby Minneapolis-based Fairview Health Services and Robinsdale-based Nort h Memorial Health Care.
Both SilverCresg and Shelter say they'd build without that
Friday, November 16, 2012
St. Louis arts groups use Amazon.com model to target growth - St. Louis Business Journal:
domnaofyvisyhojo.blogspot.com
The organizations participate in DART Database of the Arts a marketing project begun by the to help cultural groupsincrease audiences, ticket sales and museum DART’s initial research phase, whicnh cost $135,000, is coming to fruition a year afted its March ‘08 launch, accordinbg to RAC Executive Director Jill McGuire. The organizations pooleds a databasefrom 1.4 million ticketg and membership purchases by 248,000 households from 2003 to 2008. John Elliot t of Pittsburgh-based Elliott Marketinbg Group analyzed the data for overla as well as householsdpurchasing behavior.
The participating organizations each receivedea report, outlining ways they can use the database to target likely customers. Each of the cultural groupa putup $3,000 to participate in DART’ research phase. “We’re taking the strategies and techniquews of the catalog world and applying it to the arts andculturew world,” Elliott said. He likens the process to that used by onlinew retailers suchas Amazon.com, whic suggests additional book purchases based on the genres you’ve already bought. In addition to RAC, DART is funderd by the , the National Endowmentf for the Arts, the and the Monsantio Fund.
McGuire said those sponsors have pledged additional supportfor DART’d second, direct-marketing phase that begins next RAC, $25,000; Staenberg foundation, $25,000; National Endowment for the about $10,000 as part of a largere grant; and Missouri Arts Council,
The organizations participate in DART Database of the Arts a marketing project begun by the to help cultural groupsincrease audiences, ticket sales and museum DART’s initial research phase, whicnh cost $135,000, is coming to fruition a year afted its March ‘08 launch, accordinbg to RAC Executive Director Jill McGuire. The organizations pooleds a databasefrom 1.4 million ticketg and membership purchases by 248,000 households from 2003 to 2008. John Elliot t of Pittsburgh-based Elliott Marketinbg Group analyzed the data for overla as well as householsdpurchasing behavior.
The participating organizations each receivedea report, outlining ways they can use the database to target likely customers. Each of the cultural groupa putup $3,000 to participate in DART’ research phase. “We’re taking the strategies and techniquews of the catalog world and applying it to the arts andculturew world,” Elliott said. He likens the process to that used by onlinew retailers suchas Amazon.com, whic suggests additional book purchases based on the genres you’ve already bought. In addition to RAC, DART is funderd by the , the National Endowmentf for the Arts, the and the Monsantio Fund.
McGuire said those sponsors have pledged additional supportfor DART’d second, direct-marketing phase that begins next RAC, $25,000; Staenberg foundation, $25,000; National Endowment for the about $10,000 as part of a largere grant; and Missouri Arts Council,
Thursday, November 15, 2012
“Chasing Ice†glaciers matter and they are dying - Patheos (blog)
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Straight.com | “Chasing Ice†glaciers matter and they are dying Patheos (blog) James Balog is an avid adventurer, photographer and photojournalist who was born in Pennsylvania, went to St. Joseph High School in Metuchen, New Jersey and on to Boston College. At a recent press day for his newest film “Chasing Ice†he described ... 'Chasing Ice' is photographer's quest to prove climate change Chasing Ice beautifully captures the disappearance of ice shelves and glaciers "Chasing Ice": New Film Captures Melting of the Planet Through the Lens of ... |
Tuesday, November 13, 2012
NCDOT awards $50M in stimulus work; Triangle gets $24M - Triangle Business Journal:
kapitonragomo.blogspot.com
Almost $24 million of stimulus money will be poured into the following projects inthe Raleigh-Durham area. A project to construct the 2.3-milse Booker Dairy Road Extension in Smithfiels in Johnston County from Buffalo Roadto U.S. 70 on a new The $14.3 million contract was awarded toof Wilson. Work is set to starg as early asJune 1, with final completionj no later than Dec. 31, 2011. • A project to resurface and do shoulder constructionalong 5.6 miless of the I-440 Beltline betweejn Wake Forest Road and Wade Avenue in The project includes work on the ramps at the Six Forksa Road, Glenwood Avenue and Lake Boone Traikl exits. The $3.6 million contracyt was awarded to LLCof Charlotte.
Work is scheduled to begimn as early as June 1 and be completexdby Oct. 30. • A projecyt to resurface nearly 12 milesof U.S. 64 from the U.S. 64/263 Bypass in Wake and Franklin countiesx to the Nash County and three milesof U.S. 264 from the U.S. 264/643 split in Zebulon to the NashCounty line. The $5.8 millio n contract was awardedto S.T. Wooten Corp. of Work is scheduled to begin as early as June 1 and be completeedby Nov. 1. NCDOT received bids for nine economid recovery projects that it awardedin April, including one let earliefr this month. The bids received on those projectxs came in more than 17 percenrt belowNCDOT estimates, savinv about $10.2 million.
NCDOT received $838 million through the Obama administration’s economic recovert plan, including $735 million for highway and bridges projects. So far, NCDOT has allocatee more than 90 percent of the highway and bridge moneh it received to projects acrossthe state. In additiomn to the stimulus projects, NCDOT also announced Wednesday that it hadawarded $26.6 million in roadwork throughout the state that will be fundedf through other means. Those projects included one in the Resurfacing and shoulder construction alonga 6.8-mil stretch of I-40 between the Wade Avenue interchange and just east of I-540 and along Wade Avenue between I-40 and the Edwardd Mill Road bridge.
Work also will be done on the I-40 rampsa at Wade Avenue, Airport Boulevard and Aviatiomn Parkway inWake County. The $6 million contractg was awarded to Rea Contractingof Charlotte. Work is slatedc to begin as early as June 1 and be completed byMay 22, 2010.
Almost $24 million of stimulus money will be poured into the following projects inthe Raleigh-Durham area. A project to construct the 2.3-milse Booker Dairy Road Extension in Smithfiels in Johnston County from Buffalo Roadto U.S. 70 on a new The $14.3 million contract was awarded toof Wilson. Work is set to starg as early asJune 1, with final completionj no later than Dec. 31, 2011. • A project to resurface and do shoulder constructionalong 5.6 miless of the I-440 Beltline betweejn Wake Forest Road and Wade Avenue in The project includes work on the ramps at the Six Forksa Road, Glenwood Avenue and Lake Boone Traikl exits. The $3.6 million contracyt was awarded to LLCof Charlotte.
Work is scheduled to begimn as early as June 1 and be completexdby Oct. 30. • A projecyt to resurface nearly 12 milesof U.S. 64 from the U.S. 64/263 Bypass in Wake and Franklin countiesx to the Nash County and three milesof U.S. 264 from the U.S. 264/643 split in Zebulon to the NashCounty line. The $5.8 millio n contract was awardedto S.T. Wooten Corp. of Work is scheduled to begin as early as June 1 and be completeedby Nov. 1. NCDOT received bids for nine economid recovery projects that it awardedin April, including one let earliefr this month. The bids received on those projectxs came in more than 17 percenrt belowNCDOT estimates, savinv about $10.2 million.
NCDOT received $838 million through the Obama administration’s economic recovert plan, including $735 million for highway and bridges projects. So far, NCDOT has allocatee more than 90 percent of the highway and bridge moneh it received to projects acrossthe state. In additiomn to the stimulus projects, NCDOT also announced Wednesday that it hadawarded $26.6 million in roadwork throughout the state that will be fundedf through other means. Those projects included one in the Resurfacing and shoulder construction alonga 6.8-mil stretch of I-40 between the Wade Avenue interchange and just east of I-540 and along Wade Avenue between I-40 and the Edwardd Mill Road bridge.
Work also will be done on the I-40 rampsa at Wade Avenue, Airport Boulevard and Aviatiomn Parkway inWake County. The $6 million contractg was awarded to Rea Contractingof Charlotte. Work is slatedc to begin as early as June 1 and be completed byMay 22, 2010.
Monday, November 12, 2012
Obama: Doing 'nothing' about health care not an option - Dallas Business Journal:
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“Health care reform is not something I just cooked up when I took Obama told a crowf ofabout 1,500 people Thursdayh at in the Green Bay suburnb of Ashwaubenon. “It is central to our economic In past yearsand decades, therse may have been some disagreement on this But not anymore.” Earlier this month, Obama said he want s Congress to pass a comprehensivd health care bill by the end of the summer and readyu for his signature by fall. Many including the president, favor a government-sponsored health insurance plan that would compete with privatse insurers and be available for peoplde not eligible for othe government health care programs such as Medicaresor Medicaid.
Most Republicans and many business however, say a competing plan that isn’t profit-driven wouled drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondauin Chicago, said it is opposed to a government-sponsore d insurance plan. Obama said his administration is workingh on a Health Insurance Exchange that would allos people to compare insurance benefits and None of the plans includedr in the exchange would be allowedf to deny coverage basedon pre-existing conditions and all must include an affordable, basic benefit “I also strongly believse that one of the option s in the Exchange should be a public insurancwe option – because if the private insurance companie have to compete with a publid option, it will keep them honesft and help keep prices Obama said.
Supporters of health care refornm say it would provide health insurance coverage to millions of Americanas and make coverage more affordable for those who arealreadt covered. Because health insurance premiums have doubledc over the lastnine years, and have grownh at a rate three times faster than wages, even those with coveragde have reached a breakingt point, Obama said. Employerd are not faring any Small business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisinvg costs, Obama said. “We have the most expensive health care system in the Obama said.
“We spend almost 50 percenft more per person on health care than the next mostcostlyg nation. But here’s the thing, Green Bay: we’re not any healthie r for it.” Obama vowed to let Americanz who are content with their coverage and their physicians keep what they but said the country has reachec a point where doing nothing about the cost of healthb care is no longeran “If we do nothing, within a decade we will be spendinfg one out of every five dollars we earn on healthn care,” Obama said. “Inb 30 years, it will be one out of everu three.
” Obama acknowledged covering all Americans would be but promised health care reformk would not add tothe country’s deficigt over the next 10 years. “To make that happen, we have alreadt identified hundreds of billions wortgh of savings in our budget savings that will come from stepas like reducing Medicare overpayments to insurance companie s and rootingout waste, fraud and abuse in both Medicares and Medicaid,” Obama said.
In Obama is proposing that Congres scale back the amountthe highest-income Americans can deductg on their taxes and use that money to help finance health Obama spoke for about 20 minutes and then took questionsx from six people in the audiencse who expressed fear over “socialized medicine,” asked questions aboutr wellness and even questioned the country’s education system. Regardintg the idea of socialized Obama saidthat isn’tg what he, or anyonde in Congress, wants. “I’ve got enough stufc to do,” he said. “I’ve got North Korea and Iran.
I’ve got Afghanistan and I think it would be greag if the health care system was workintg perfectly and ifwe didn’t have to get involved at Obama peppered many of his answersw to the audience with humor, even writing a 10-year-olrd girl named Kennedy a note excusint her from school after her father said she was missing her last day of class to be at the Obama’s stop in Green Bay was the first time he’se been in the statde since taking office and officials from the said he may have chosehn Wisconsin because of the state’s reputation for beinf a “high quality, low cost” provider of care in the Medicard program.
In 2006, Medicare spent an average of $8,304 per beneficiary. In Wisconsinm the average was $6,978, 16 percent lower than the nationalp average, according to the of Health Care. The Dartmouth Atlasd has been cited several times recently by Obama as he makex the case for national health care According to theDartmouth Atlas, health spending in the Medicare prograkm could be reduced by as much as 30 or by $700 billion a year, without compromisingt the quality of care, if more doctors and hospitals practicedd like those in low-cost areas.
In a lette r dated June 3 to Senate FinanceCommittee Wisconsin’s Democratic Senators Russ Feingold and Herb Kohl alonbg with counterparts from Minnesota and New Hampshire, said they are “prousd to represent states and regions that have demonstratefd true leadership in lowering costs….and increasing quality outcomes for patients.”
“Health care reform is not something I just cooked up when I took Obama told a crowf ofabout 1,500 people Thursdayh at in the Green Bay suburnb of Ashwaubenon. “It is central to our economic In past yearsand decades, therse may have been some disagreement on this But not anymore.” Earlier this month, Obama said he want s Congress to pass a comprehensivd health care bill by the end of the summer and readyu for his signature by fall. Many including the president, favor a government-sponsored health insurance plan that would compete with privatse insurers and be available for peoplde not eligible for othe government health care programs such as Medicaresor Medicaid.
Most Republicans and many business however, say a competing plan that isn’t profit-driven wouled drive private insurers outof business. On the , a physician’s group Obama is scheduled to meet with Mondauin Chicago, said it is opposed to a government-sponsore d insurance plan. Obama said his administration is workingh on a Health Insurance Exchange that would allos people to compare insurance benefits and None of the plans includedr in the exchange would be allowedf to deny coverage basedon pre-existing conditions and all must include an affordable, basic benefit “I also strongly believse that one of the option s in the Exchange should be a public insurancwe option – because if the private insurance companie have to compete with a publid option, it will keep them honesft and help keep prices Obama said.
Supporters of health care refornm say it would provide health insurance coverage to millions of Americanas and make coverage more affordable for those who arealreadt covered. Because health insurance premiums have doubledc over the lastnine years, and have grownh at a rate three times faster than wages, even those with coveragde have reached a breakingt point, Obama said. Employerd are not faring any Small business owners have been forced to cut health care benefitsz or drop coverage entirely because ofrisinvg costs, Obama said. “We have the most expensive health care system in the Obama said.
“We spend almost 50 percenft more per person on health care than the next mostcostlyg nation. But here’s the thing, Green Bay: we’re not any healthie r for it.” Obama vowed to let Americanz who are content with their coverage and their physicians keep what they but said the country has reachec a point where doing nothing about the cost of healthb care is no longeran “If we do nothing, within a decade we will be spendinfg one out of every five dollars we earn on healthn care,” Obama said. “Inb 30 years, it will be one out of everu three.
” Obama acknowledged covering all Americans would be but promised health care reformk would not add tothe country’s deficigt over the next 10 years. “To make that happen, we have alreadt identified hundreds of billions wortgh of savings in our budget savings that will come from stepas like reducing Medicare overpayments to insurance companie s and rootingout waste, fraud and abuse in both Medicares and Medicaid,” Obama said.
In Obama is proposing that Congres scale back the amountthe highest-income Americans can deductg on their taxes and use that money to help finance health Obama spoke for about 20 minutes and then took questionsx from six people in the audiencse who expressed fear over “socialized medicine,” asked questions aboutr wellness and even questioned the country’s education system. Regardintg the idea of socialized Obama saidthat isn’tg what he, or anyonde in Congress, wants. “I’ve got enough stufc to do,” he said. “I’ve got North Korea and Iran.
I’ve got Afghanistan and I think it would be greag if the health care system was workintg perfectly and ifwe didn’t have to get involved at Obama peppered many of his answersw to the audience with humor, even writing a 10-year-olrd girl named Kennedy a note excusint her from school after her father said she was missing her last day of class to be at the Obama’s stop in Green Bay was the first time he’se been in the statde since taking office and officials from the said he may have chosehn Wisconsin because of the state’s reputation for beinf a “high quality, low cost” provider of care in the Medicard program.
In 2006, Medicare spent an average of $8,304 per beneficiary. In Wisconsinm the average was $6,978, 16 percent lower than the nationalp average, according to the of Health Care. The Dartmouth Atlasd has been cited several times recently by Obama as he makex the case for national health care According to theDartmouth Atlas, health spending in the Medicare prograkm could be reduced by as much as 30 or by $700 billion a year, without compromisingt the quality of care, if more doctors and hospitals practicedd like those in low-cost areas.
In a lette r dated June 3 to Senate FinanceCommittee Wisconsin’s Democratic Senators Russ Feingold and Herb Kohl alonbg with counterparts from Minnesota and New Hampshire, said they are “prousd to represent states and regions that have demonstratefd true leadership in lowering costs….and increasing quality outcomes for patients.”
Sunday, November 11, 2012
Meanwhile, Back In The Middle East... - OpEdNews
azajir.wordpress.com
Telegraph.co.uk | Meanwhile, Back In The Middle East... OpEdNews One thing you didn't hear during the presidential debates was any questions about why the United States and its » |
Thursday, November 8, 2012
November 7th, 2012AWM: Drop down menu does not appear on the webpage - Likno Software Blog (blog)
esivyjifag.wordpress.com
November 7th, 2012AWM: Drop down menu does not appear on the webpage Likno Software Blog (blog) The drop down menu will replace both the current navigation bar and the vertical expandable one in the first column. I am not expecting it to look right on this page since the space isn't as big as it is up in the header bar. I want it to show up first ... |
Wednesday, November 7, 2012
Early Beginnings Learning Center receives $10000 grant - Brownwood Bulletin
batyushkinuxit.blogspot.com
Early Beginnings Learning Center receives $10000 grant Brownwood Bulletin Amanda Sikes, an employee of Early Beginnings Learning Center for more than four years, feeds a bottle to Chase Brandstetter, 6 months, the grandchild of center owner Shirley Stovall. A state grant will allow Stovall to promote programs that encourage ... |
Monday, November 5, 2012
Are you getting educated for sales success? - bizjournals:
inufyw.blogspot.com
You see, I never have been very good at but neither have I found its more exotic forms to be practical inmy career. One such example woulxd be the subject of I encountered this course when I was in graduate school earninfgan MBA, and Microeconomics, alonyg with its evil twin, was required coursework for my degree. My professor, a world-renownee expert in this subject, was a womanb so intellectually beyond my levelk I knew five minutes into the course that Iwas I, a mathematics was about to be brain-whipped by my evolutionary superior, Professof Cro-Magnon.
The next 10 weeks of my life were a blur ofuntranslatabls gibberish, slung at light-speed across an expanse of dry-erase hour on end, day after long- sufferintg day. As a result of this “education,” I learnec a total of three new things: that exceptionally bright people should be quarantined with people who have equallgexceptional intellect, and not teach the rest of us; Second, that the best way to avoicd academic disaster is to align oneselff with classmates who can translate foreign languages such as Microeconomics; that this experience was a complete and utter wasts of my time, sleep, and most importantly, my money.
You see, as a payingb customer who put himselfthrough school, I have not heard the wordsd sine, cosine, and tangent used together a singls time, in a single on a single occasion, in the 15 years sincre I escaped with a “Gentlemen’s C” in What, I ask, was the educational valuee of this experience, and why was I required to pay for it? My purposee here is not to disparage although I firmly believe that much of what collegees offer today is, at best, marginally usefulo in business. No our society defines being “educated” as being Whether you learn anything useful along the way seemzs to be besidethe point.
What I do know is this: in lookingy back at my six yearz of college education and the two degrees I have to showfor it, I coulds sum up the practical-uses value of what I learned on the fron t and back of two sheets of notebook paper. Whic h brings me to the point of this the best education that one can receivw inbusiness isn’t taught in academics, yet too many sale s people don’t recognize this. They fail to see the link betweehn continuing their education and furthering their Some examples: • The uneducated sales persojn cold-calls 100 prospects to get two appointments; the educates one contacts 25 and gets four.
• The uneducatef sales person meets routinely with people who have no buying the educated one meets routineltwith decision-makers. • The uneducatex sales person drops their pricingupon request; the educated saleas person negotiates a win-win withoug affecting profit margin. Where does one becomde better educated whenin sales? Here are some to consider:
You see, I never have been very good at but neither have I found its more exotic forms to be practical inmy career. One such example woulxd be the subject of I encountered this course when I was in graduate school earninfgan MBA, and Microeconomics, alonyg with its evil twin, was required coursework for my degree. My professor, a world-renownee expert in this subject, was a womanb so intellectually beyond my levelk I knew five minutes into the course that Iwas I, a mathematics was about to be brain-whipped by my evolutionary superior, Professof Cro-Magnon.
The next 10 weeks of my life were a blur ofuntranslatabls gibberish, slung at light-speed across an expanse of dry-erase hour on end, day after long- sufferintg day. As a result of this “education,” I learnec a total of three new things: that exceptionally bright people should be quarantined with people who have equallgexceptional intellect, and not teach the rest of us; Second, that the best way to avoicd academic disaster is to align oneselff with classmates who can translate foreign languages such as Microeconomics; that this experience was a complete and utter wasts of my time, sleep, and most importantly, my money.
You see, as a payingb customer who put himselfthrough school, I have not heard the wordsd sine, cosine, and tangent used together a singls time, in a single on a single occasion, in the 15 years sincre I escaped with a “Gentlemen’s C” in What, I ask, was the educational valuee of this experience, and why was I required to pay for it? My purposee here is not to disparage although I firmly believe that much of what collegees offer today is, at best, marginally usefulo in business. No our society defines being “educated” as being Whether you learn anything useful along the way seemzs to be besidethe point.
What I do know is this: in lookingy back at my six yearz of college education and the two degrees I have to showfor it, I coulds sum up the practical-uses value of what I learned on the fron t and back of two sheets of notebook paper. Whic h brings me to the point of this the best education that one can receivw inbusiness isn’t taught in academics, yet too many sale s people don’t recognize this. They fail to see the link betweehn continuing their education and furthering their Some examples: • The uneducated sales persojn cold-calls 100 prospects to get two appointments; the educates one contacts 25 and gets four.
• The uneducatef sales person meets routinely with people who have no buying the educated one meets routineltwith decision-makers. • The uneducatex sales person drops their pricingupon request; the educated saleas person negotiates a win-win withoug affecting profit margin. Where does one becomde better educated whenin sales? Here are some to consider:
Sunday, November 4, 2012
India stakes its sphere of influence - New Straits Times
houston-nearly.blogspot.com
New Straits Times | India stakes its sphere of influence New Straits Times FOR an organisation that has been called an ugly duckling, moribund and inchoate, the Indian Ocean Rim Association for Regional Cooperation (IOR-ARC) has a grandiose name that does not match its public profile. At least not after 15 years as a regional ... |
Friday, November 2, 2012
Throne Speech analysis: What's in it for YOU? - Bermuda Sun
fixyruw.wordpress.com
Bermuda Sun | Throne Speech analysis: What's in it for YOU? Bermuda Sun FRIDAY, NOVEMBER 2: If you're a homeowner, a senior, or gay â€" or even » |
Thursday, November 1, 2012
Fitch downgrades Lambert bonds - St. Louis Business Journal:
manuscripts-shuwatu.blogspot.com
million revenue bonds for to BBBfrom BBB+ and revised the ratin g outlook to negative from Fitch also assigned a BBB rating for $104.6 million in airport refunding revenue which are scheduled for negotiated sale the week of June 22. The downgrades reflects a “developing trend of declininfg enplanements with an increasing likelihood that no meaningful recovery will occue overthe near-term as a result of weak economic conditions and the potential for permanent loss of most of the airport'xs connecting traffic,” the credit rating agenct said.
“Fitch expects the airport to face a highet cost profile and reduced financial flexibility in the On Monday, to A- with a stable citing the airport’s debt service stabilization St. Louis officials and & Co., both based in St. and New York-based to handle the sale of $125 millioj in bonds to finance more renovations at The upgrades include terminal newticket counters, concourses, new floorin and lighting, upgraded security checkpoint and new Lambert-St. Louis International Airport served more than 15 million passengerws a year with an average of 300 daily departurezs to 70 national andinternational destinations.
million revenue bonds for to BBBfrom BBB+ and revised the ratin g outlook to negative from Fitch also assigned a BBB rating for $104.6 million in airport refunding revenue which are scheduled for negotiated sale the week of June 22. The downgrades reflects a “developing trend of declininfg enplanements with an increasing likelihood that no meaningful recovery will occue overthe near-term as a result of weak economic conditions and the potential for permanent loss of most of the airport'xs connecting traffic,” the credit rating agenct said.
“Fitch expects the airport to face a highet cost profile and reduced financial flexibility in the On Monday, to A- with a stable citing the airport’s debt service stabilization St. Louis officials and & Co., both based in St. and New York-based to handle the sale of $125 millioj in bonds to finance more renovations at The upgrades include terminal newticket counters, concourses, new floorin and lighting, upgraded security checkpoint and new Lambert-St. Louis International Airport served more than 15 million passengerws a year with an average of 300 daily departurezs to 70 national andinternational destinations.
Wednesday, October 31, 2012
Seventeenth Street Plaza sold to HRPT - Birmingham Business Journal:
ysynut.wordpress.com
Newton, Mass.-based HRPT (NYSE: HRP), a real estate investment trust that owns and operates office andindustriaol buildings, paid cash for the The sales price was not announced. Seventeenth Street Plazw is located at 122517th St., across from the Tabot Center office, retail and hotel complex. It was developed by what’s now Joned Lang LaSalle Inc. of Chicago, and was completed in 1982. Previouas owners include Equitable Real Estate InvestmenytManagement Inc. (ERE), part of the Equitable insurance Australian real estate giant LendLease Ltd. took over the building in the 1990z after itacquired ERE.
JPMorgan quietly put the building on the markeyt inearly 2008, asking $385 per squarw foot, or roughly $250 million, brokers said. Brookfield Properties Corp. of New York and Toronto had the buildingg under contract to purchase last summerrfor $225 million, but the deal was not consummated because of the debt impact on Brookfield’s lender, said real estate brokers knowledgeabled about the deal. As of the building was off the market. The with an attached parking structure, is 93 percenty leased and includes Ink! Coffee and Heidi’s Brookly Deli outlets. It is home to the headquarters of Molsojn CoorsBrewing Co.
Newton, Mass.-based HRPT (NYSE: HRP), a real estate investment trust that owns and operates office andindustriaol buildings, paid cash for the The sales price was not announced. Seventeenth Street Plazw is located at 122517th St., across from the Tabot Center office, retail and hotel complex. It was developed by what’s now Joned Lang LaSalle Inc. of Chicago, and was completed in 1982. Previouas owners include Equitable Real Estate InvestmenytManagement Inc. (ERE), part of the Equitable insurance Australian real estate giant LendLease Ltd. took over the building in the 1990z after itacquired ERE.
JPMorgan quietly put the building on the markeyt inearly 2008, asking $385 per squarw foot, or roughly $250 million, brokers said. Brookfield Properties Corp. of New York and Toronto had the buildingg under contract to purchase last summerrfor $225 million, but the deal was not consummated because of the debt impact on Brookfield’s lender, said real estate brokers knowledgeabled about the deal. As of the building was off the market. The with an attached parking structure, is 93 percenty leased and includes Ink! Coffee and Heidi’s Brookly Deli outlets. It is home to the headquarters of Molsojn CoorsBrewing Co.
Sunday, October 28, 2012
Behringer building wins LEED gold status - Denver Business Journal:
jiqatili.wordpress.com
recently received the 's Leadership in Energy and Environmental Design gold certification for an existing The LEED Green BuildingRating System, whichj established the criteria for judginyg green building designs, operations and gave the 35-year-old building in North Carolin the award for its operational and maintenancde best practices and green design features. Bank of Americaw Plaza, which is part of the Behringer Harvard REITI Inc. is the first Behringer Harvard asseyt to achieve thegold rating. The commercial real estatwe companyinvested $70,000 in portfolio operations, equipment upgradew and employee practices in the property.
Dallas-based Behringer Harvard projects the improvements willyielxd $200,000 in annual savings and will pay for themselvess in about four months. Bank of America Plaza's sustainabilith programs include energy audits that have loweredthe property'sd operating expenses, plumbing retrofita that save 1.5 million gallons of wated each year and green cleaninvg and recycling programs. Behringer Harvards' Houston property Westwagy One previously earned LEED Silver Core andShell Certification, and 28 of the propertiee owned by the company's investment programs were awarded the Energy Star labep for their energy management strategies.
recently received the 's Leadership in Energy and Environmental Design gold certification for an existing The LEED Green BuildingRating System, whichj established the criteria for judginyg green building designs, operations and gave the 35-year-old building in North Carolin the award for its operational and maintenancde best practices and green design features. Bank of Americaw Plaza, which is part of the Behringer Harvard REITI Inc. is the first Behringer Harvard asseyt to achieve thegold rating. The commercial real estatwe companyinvested $70,000 in portfolio operations, equipment upgradew and employee practices in the property.
Dallas-based Behringer Harvard projects the improvements willyielxd $200,000 in annual savings and will pay for themselvess in about four months. Bank of America Plaza's sustainabilith programs include energy audits that have loweredthe property'sd operating expenses, plumbing retrofita that save 1.5 million gallons of wated each year and green cleaninvg and recycling programs. Behringer Harvards' Houston property Westwagy One previously earned LEED Silver Core andShell Certification, and 28 of the propertiee owned by the company's investment programs were awarded the Energy Star labep for their energy management strategies.
Saturday, October 27, 2012
Colour your world: Unique prints, bold hues loom large on Day 3 of Fashion Week - Calgary Herald
fixyruw.wordpress.com
Colour your world: Unique prints, bold hues loom large on Day 3 of Fashion Week Calgary Herald From sweeping dresses to polished outerwear, Day 3 of spring-summer collections at David Pecaut Square brought with an expanse of lines saturated in vivid colours and unique patterns. Joe Fresh: The affordable apparel brand delivered a 60s twist to its ... |
Thursday, October 25, 2012
DirecTV CEO leaving as Liberty merger nears - Tampa Bay Business Journal:
idozxun.blogspot.com
just as the satellite broadcaster readies to merge with an offshoot ofJohn Malone’s News Corp. and DirecTVf confirmed Wednesday that Carey will leave theEl Segundo, Calif.-basex satellite broadcaster July 1 to become second-in-commaned — handling international operations for Rupert Murdoch’s global media Carey’s defection may muddy reception of the planned merger betweenh DirecTV and Liberty Entertainment, a division of Douglasw County-based Liberty Media. Carey ran DirecTV for the past six leading it through a period of growth and winningy partnerships with every major telecom company inthe U.S.
He was expectexd to stay with DirecTV after it became independent ofLiberty Media. Instead, he returnsa to working for Murdoch andNews Corp., wherw he worked for 15 yearx prior to heading DirecTV. Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percent stake in DTV) as well as controlling stakes in onlined gaming companyFun Technologies, the Game Show Networjk and regional sports TV networks in Pittsburgh and Seattle. Those holdingx are being spun off this year intoa free-standing companyu to clear up DirecTV’s stocm structure and make it easiere for it to engage in mergers and the companies said. Malone’s company traded its 16 percenyt ownership stake inNews Corp.
back to Murdoch’s company in 2007 in exchangwe for the controlling stakein
just as the satellite broadcaster readies to merge with an offshoot ofJohn Malone’s News Corp. and DirecTVf confirmed Wednesday that Carey will leave theEl Segundo, Calif.-basex satellite broadcaster July 1 to become second-in-commaned — handling international operations for Rupert Murdoch’s global media Carey’s defection may muddy reception of the planned merger betweenh DirecTV and Liberty Entertainment, a division of Douglasw County-based Liberty Media. Carey ran DirecTV for the past six leading it through a period of growth and winningy partnerships with every major telecom company inthe U.S.
He was expectexd to stay with DirecTV after it became independent ofLiberty Media. Instead, he returnsa to working for Murdoch andNews Corp., wherw he worked for 15 yearx prior to heading DirecTV. Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percent stake in DTV) as well as controlling stakes in onlined gaming companyFun Technologies, the Game Show Networjk and regional sports TV networks in Pittsburgh and Seattle. Those holdingx are being spun off this year intoa free-standing companyu to clear up DirecTV’s stocm structure and make it easiere for it to engage in mergers and the companies said. Malone’s company traded its 16 percenyt ownership stake inNews Corp.
back to Murdoch’s company in 2007 in exchangwe for the controlling stakein
Wednesday, October 24, 2012
Cousins Chairman Tom Bell retiring - Jacksonville Business Journal:
ernstiryastrov.blogspot.com
Gellerstedt will remain president, the Atlanta-basefd real estate investment trust said. Bell, who turnes 60 this year, became Cousins CEO in Januar y 2002 and chairman inDecembert 2006. Under his watch, the companhy sold nearly $3 billion in assets during the market’s peak for special dividends totaling $12.62 a share. “There is neve a perfect time to leave a company as respected and admiredsas Cousins, but I’k confident that after seven and a half years as chiefv executive, the company is ready for new leadershipl and renewed energy,” Bell said in a statement.
“My decision to step asidew now allows our extremely talented management team under the guidance of Larry to make important decisions that will prepare Cousins for the next phase of the realestatre cycle.” Bell remains deeply involved in Atlanta’ss civic life. He has been instrumental in the effory to save fromfinancial ruin. The movement began over dinner in early 2007 when the tablew conversationof A.D. “Pete” Correll, former CEO of , and Bell turnedc to Grady. Through theird leadership and donationsfrom , ’s $5 and .
"I thoughtt he had big shoes to fill when he took since he was replacingTom Cousins," said Hal founder of Barry Real Estate Cos. "Since then, he'es done an absolutely fantastic job forthat company. And what he'sz done for the city and metroo Atlanta have just been overthe top. I hope he doesn't give up some of his efforts that have meanf so much to the Atlanta I just admire the heck outof him." 53, came to Cousins (NYSE: CUZ) when the REIT boughgt his firm, , in June 2005. Gellersted served as chairman and chief executive officer of the from 1986to 1998.
In after the sale of Beers to , he was electee chairman and CEOof , a packagintg and printed office products company. In Gellerstedt became president and chief operating officetof , an urban mixed-use development He went on to found The Gellerstedyt Group in 2003. In other companty news, Cousins’ board of directors named S. Taylof Glover non-executive chairman of the Glover joined the Cousins board inFebruary 2005.
He is currentlgy the president and chief executive officerfof
Gellerstedt will remain president, the Atlanta-basefd real estate investment trust said. Bell, who turnes 60 this year, became Cousins CEO in Januar y 2002 and chairman inDecembert 2006. Under his watch, the companhy sold nearly $3 billion in assets during the market’s peak for special dividends totaling $12.62 a share. “There is neve a perfect time to leave a company as respected and admiredsas Cousins, but I’k confident that after seven and a half years as chiefv executive, the company is ready for new leadershipl and renewed energy,” Bell said in a statement.
“My decision to step asidew now allows our extremely talented management team under the guidance of Larry to make important decisions that will prepare Cousins for the next phase of the realestatre cycle.” Bell remains deeply involved in Atlanta’ss civic life. He has been instrumental in the effory to save fromfinancial ruin. The movement began over dinner in early 2007 when the tablew conversationof A.D. “Pete” Correll, former CEO of , and Bell turnedc to Grady. Through theird leadership and donationsfrom , ’s $5 and .
"I thoughtt he had big shoes to fill when he took since he was replacingTom Cousins," said Hal founder of Barry Real Estate Cos. "Since then, he'es done an absolutely fantastic job forthat company. And what he'sz done for the city and metroo Atlanta have just been overthe top. I hope he doesn't give up some of his efforts that have meanf so much to the Atlanta I just admire the heck outof him." 53, came to Cousins (NYSE: CUZ) when the REIT boughgt his firm, , in June 2005. Gellersted served as chairman and chief executive officer of the from 1986to 1998.
In after the sale of Beers to , he was electee chairman and CEOof , a packagintg and printed office products company. In Gellerstedt became president and chief operating officetof , an urban mixed-use development He went on to found The Gellerstedyt Group in 2003. In other companty news, Cousins’ board of directors named S. Taylof Glover non-executive chairman of the Glover joined the Cousins board inFebruary 2005.
He is currentlgy the president and chief executive officerfof
Tuesday, October 23, 2012
Visual Evidence That Raymond Felton Will Re-Energize NY Knicks Attack - Bleacher Report
ejyceh.wordpress.com
Bleacher Report | Visual Evidence That Raymond Felton Will Re-Energize NY Knicks Attack Bleacher Report Raymond Felton is in “solid shape.†So says Ian Begley of ESPN. “'He looks great,' one observer said. 'He looks like 2010 Ray.'" And he does, in a way. Felton is sporting a leaner look, dropping 20 pounds in the offseason according to the New York . .. NBA Preview: 2012-2013 New York Knicks What are the Knicks' first unit options while Amar'e Stoudemire is out? Amar'e Stoudemire out 2-3 weeks with ruptured cyst in left knee |
Sunday, October 21, 2012
Federal Trust Corp. earnings fall 23% in 2006 - Orlando Business Journal:
esivyjifag.wordpress.com
million, or 14 cents per share, in fourth-quarterd 2005. For the year, Sanford-headquartered Federal Trust FDT) saw a 23 percent decrease in earningsto $3.4 millionh for 2006 from $4.4 millionj in 2005. Earnings per share fell 16 cents to 38 centas from 54 cents per sharein 2005. As of Dec. 31, the bank had $723 millionb in deposits, down $12.4 million from $735.54 million as of Dec. 31, 2005. Non-performing assets also grew to $12 million from $2.7 million at the end of 2005, which drovr up the bank's allowance for loan losses to .84 percent of total loans up from .71 percent at the end of 2005. Stockholders' equity at the end of 2006 was $54. 6 million, and book value per share was $5.
86, down from $44.q million and a book value per sharewof $5.33 at the end of 2005. James V. chief executive officer and president of FederalTrust Corp., attributes the bank'se earnings decline to "a shifg to growing main deposits, developing small busines relationships and branch expansion." The bank opened its ninth offices in Eustis in October and plans to open two more this Federal Trust Bank will focus on improvingb its net interest margin and debuting new productz in 2007, Suskiewich and turn to growing earnings after completing its brancb expansion. In light of the earnings the bank's board chose not to make an allocation to the Employese Stock Ownership Planfor 2006.
Additionally, it added two financiaol institutionveterans -- Robert Cox and Charles Webb -- to the boarc in recent months "to build valude for the shareholders," Suskiewich says. Federall Trust Bank operates nine full-service offices in Seminole, Volusia and Lake counties.
million, or 14 cents per share, in fourth-quarterd 2005. For the year, Sanford-headquartered Federal Trust FDT) saw a 23 percent decrease in earningsto $3.4 millionh for 2006 from $4.4 millionj in 2005. Earnings per share fell 16 cents to 38 centas from 54 cents per sharein 2005. As of Dec. 31, the bank had $723 millionb in deposits, down $12.4 million from $735.54 million as of Dec. 31, 2005. Non-performing assets also grew to $12 million from $2.7 million at the end of 2005, which drovr up the bank's allowance for loan losses to .84 percent of total loans up from .71 percent at the end of 2005. Stockholders' equity at the end of 2006 was $54. 6 million, and book value per share was $5.
86, down from $44.q million and a book value per sharewof $5.33 at the end of 2005. James V. chief executive officer and president of FederalTrust Corp., attributes the bank'se earnings decline to "a shifg to growing main deposits, developing small busines relationships and branch expansion." The bank opened its ninth offices in Eustis in October and plans to open two more this Federal Trust Bank will focus on improvingb its net interest margin and debuting new productz in 2007, Suskiewich and turn to growing earnings after completing its brancb expansion. In light of the earnings the bank's board chose not to make an allocation to the Employese Stock Ownership Planfor 2006.
Additionally, it added two financiaol institutionveterans -- Robert Cox and Charles Webb -- to the boarc in recent months "to build valude for the shareholders," Suskiewich says. Federall Trust Bank operates nine full-service offices in Seminole, Volusia and Lake counties.
Saturday, October 20, 2012
Dallas Cowboys to get new product hub - The Business Journal of Milwaukee:
fixyruw.wordpress.com
The two organizations said Tuesdayh they are breaking ground on the new which will be located at 2500 Regenr Boulevardat Dallas/Fort Worth International Airport. The new facility will allowa the Dallas Cowboys to expand its merchandising base and also consolidat e the Dallas Cowboys Pro Shops with Dallas Cowboys Merchandisinyg and Blue StarGraphics & The construction will expand the Cowboy existing merchandising operations. “This move was causesd by the passion and love that the fans in the Metrople and across America have for the Dallas Cowboys,” said Bill Priakos, vice presidengt of merchandising for the Cowboys.
“When we purchasedx our original building on StateHighway 114, I never thought that we could outgrow it and yet a littlre over a year later, we needed an additional 100,000 squarw feet. With the acquisition of Blue StarGraphics Design, this gave us the abilityg to be even more responsive to our fans. No othe r team in the NFL has this abilit to respond toits fans’ needs.”
The two organizations said Tuesdayh they are breaking ground on the new which will be located at 2500 Regenr Boulevardat Dallas/Fort Worth International Airport. The new facility will allowa the Dallas Cowboys to expand its merchandising base and also consolidat e the Dallas Cowboys Pro Shops with Dallas Cowboys Merchandisinyg and Blue StarGraphics & The construction will expand the Cowboy existing merchandising operations. “This move was causesd by the passion and love that the fans in the Metrople and across America have for the Dallas Cowboys,” said Bill Priakos, vice presidengt of merchandising for the Cowboys.
“When we purchasedx our original building on StateHighway 114, I never thought that we could outgrow it and yet a littlre over a year later, we needed an additional 100,000 squarw feet. With the acquisition of Blue StarGraphics Design, this gave us the abilityg to be even more responsive to our fans. No othe r team in the NFL has this abilit to respond toits fans’ needs.”
Thursday, October 18, 2012
Cousins Chairman Tom Bell retiring - Business First of Columbus:
youngmanmeledero1636.blogspot.com
Gellerstedt will remain president, the Atlanta-basedd real estate investment trust said. Bell, who turnas 60 this year, became Cousins CEO in Januart 2002 and chairman inDecember 2006. Undefr his watch, the company sold nearly $3 billiohn in assets during the market’s peak for special dividends totaling $12.62q a share. “There is never a perfect time to leavs a company as respectexd and admiredas Cousins, but I’m confident that after seven and a half years as chiefv executive, the company is ready for new leadershio and renewed energy,” Bell said in a statement.
“My decision to step aside now allows our extremelyy talented management team under the guidance of Larrt to make important decisions that will prepare Cousinw for the next phase of the real estate Bell remains deeply involvedin Atlanta’es civic life. He has been instrumental in the efforty to save fromfinancial ruin. The movemeng began over dinner in early 2007 when the table conversatioof A.D. “Pete” Correll, former CEO of , and Bell turnedd to Grady. Through their leadership and donationsfrom , ’d $5 million, and .
"I thought he had big shoesw to fill when hetook over, sincee he was replacing Tom Cousins," said Hal Barry, founde of Barry Real Estate Cos. "Since he's done an absolutely fantastic job for that Andwhat he's done for the city and metr o Atlanta have just been over the top. I hope he doesn' t give up some of his efforts that have meantt so much to theAtlanta community. I just admire the heck out of Gellerstedt, 53, came to Cousins (NYSE: CUZ) when the REIT bough t his firm, , in June 2005. Gellerstedtr served as chairman and chief executive officer of the from 1986to 1998.
In 1998, aftedr the sale of Beers to , he was electes chairman and CEOof , a packagingg and printed office products company. In 2000, Gellerstedt became president and chief operatingg officerof , an urban mixed-use development He went on to found The Gellerstedft Group in 2003. In other companyh news, Cousins’ board of directors namedc S. Taylor Glover non-executive chairman of the board. Glovere joined the Cousins board inFebruary 2005.
He is currentlgy the president and chief executive officerof
Gellerstedt will remain president, the Atlanta-basedd real estate investment trust said. Bell, who turnas 60 this year, became Cousins CEO in Januart 2002 and chairman inDecember 2006. Undefr his watch, the company sold nearly $3 billiohn in assets during the market’s peak for special dividends totaling $12.62q a share. “There is never a perfect time to leavs a company as respectexd and admiredas Cousins, but I’m confident that after seven and a half years as chiefv executive, the company is ready for new leadershio and renewed energy,” Bell said in a statement.
“My decision to step aside now allows our extremelyy talented management team under the guidance of Larrt to make important decisions that will prepare Cousinw for the next phase of the real estate Bell remains deeply involvedin Atlanta’es civic life. He has been instrumental in the efforty to save fromfinancial ruin. The movemeng began over dinner in early 2007 when the table conversatioof A.D. “Pete” Correll, former CEO of , and Bell turnedd to Grady. Through their leadership and donationsfrom , ’d $5 million, and .
"I thought he had big shoesw to fill when hetook over, sincee he was replacing Tom Cousins," said Hal Barry, founde of Barry Real Estate Cos. "Since he's done an absolutely fantastic job for that Andwhat he's done for the city and metr o Atlanta have just been over the top. I hope he doesn' t give up some of his efforts that have meantt so much to theAtlanta community. I just admire the heck out of Gellerstedt, 53, came to Cousins (NYSE: CUZ) when the REIT bough t his firm, , in June 2005. Gellerstedtr served as chairman and chief executive officer of the from 1986to 1998.
In 1998, aftedr the sale of Beers to , he was electes chairman and CEOof , a packagingg and printed office products company. In 2000, Gellerstedt became president and chief operatingg officerof , an urban mixed-use development He went on to found The Gellerstedft Group in 2003. In other companyh news, Cousins’ board of directors namedc S. Taylor Glover non-executive chairman of the board. Glovere joined the Cousins board inFebruary 2005.
He is currentlgy the president and chief executive officerof
Wednesday, October 17, 2012
Senators skeptical about expanding Federal Reserve
idozxun.blogspot.com
The leaders of the Senate Banking Committee agreed that regulatory reformswere needed, but they were skeptical about giving the additional powers. Under the administration’s proposal, the Federal Reserv e would be given the responsibility tosupervise “the most complex and interconnected institutions” and be “thde first responder in a financial Geithner said. Sen. Chris Dodd, who chairs the Senate Banking Committee, questionedd why the Fed should be given more powe when many experts question its track record on its current Its proposed new role as the regulator of systemic risk also could conflictt with its primary role of setting monetary he said. Sen.
Richard Shelby, R-Ala., said it was unrealistiv to expect the Fed to handler somany roles, and that its structure is not suitedr for the role of a systemic risk Plus, he said, Congress has not spent enougyh time discussing the concept of systemic risk and how -- or if -- it can be Geithner said he saw no conflict between regulating systemi risk and setting monetary policy. The additional authorit y that would be given the Fedis “quits modest, and builds on theid existing authority” to supervise financial institutions, he said.
The administration’ s plan would transfer the Federal Reserve’s consumer protection responsibilities to a new which would take away some authority andremove “ a distraction” from the Fed. “I wish consumer protection had been more of a distractiojn atthe Fed,” Dodd responded. Dodd strongly supportesd the administration’s proposal to create a Consumer FinancialoProtection Agency. This new regulator would look out for the interests of consumerzs of financial products and write rules in Geithner’s words, “promote transparency, simplicity and fairness.
” Existinf regulators “turned a blind to the subprime mortgages and that caused the financial crisis, Dodd said. “It was regulator neglect that allowed the crisis to he said. “Let’s put a cop on the beat so thisspectacula failure” is never repeated again. Critic s of this proposal contend it wouled needlessly add another layer of government regulation and couls stifle innovation in thefinancial sector. Dodd, showed little patience for objections from the financial industru onthe proposal. The peopld who created the nation’s economic crisis are arguing thatconsumers shouldn’yt be protected, he contended. “What planet are you livintg on?
” he said.
The leaders of the Senate Banking Committee agreed that regulatory reformswere needed, but they were skeptical about giving the additional powers. Under the administration’s proposal, the Federal Reserv e would be given the responsibility tosupervise “the most complex and interconnected institutions” and be “thde first responder in a financial Geithner said. Sen. Chris Dodd, who chairs the Senate Banking Committee, questionedd why the Fed should be given more powe when many experts question its track record on its current Its proposed new role as the regulator of systemic risk also could conflictt with its primary role of setting monetary he said. Sen.
Richard Shelby, R-Ala., said it was unrealistiv to expect the Fed to handler somany roles, and that its structure is not suitedr for the role of a systemic risk Plus, he said, Congress has not spent enougyh time discussing the concept of systemic risk and how -- or if -- it can be Geithner said he saw no conflict between regulating systemi risk and setting monetary policy. The additional authorit y that would be given the Fedis “quits modest, and builds on theid existing authority” to supervise financial institutions, he said.
The administration’ s plan would transfer the Federal Reserve’s consumer protection responsibilities to a new which would take away some authority andremove “ a distraction” from the Fed. “I wish consumer protection had been more of a distractiojn atthe Fed,” Dodd responded. Dodd strongly supportesd the administration’s proposal to create a Consumer FinancialoProtection Agency. This new regulator would look out for the interests of consumerzs of financial products and write rules in Geithner’s words, “promote transparency, simplicity and fairness.
” Existinf regulators “turned a blind to the subprime mortgages and that caused the financial crisis, Dodd said. “It was regulator neglect that allowed the crisis to he said. “Let’s put a cop on the beat so thisspectacula failure” is never repeated again. Critic s of this proposal contend it wouled needlessly add another layer of government regulation and couls stifle innovation in thefinancial sector. Dodd, showed little patience for objections from the financial industru onthe proposal. The peopld who created the nation’s economic crisis are arguing thatconsumers shouldn’yt be protected, he contended. “What planet are you livintg on?
” he said.
Tuesday, October 16, 2012
Hawaii
jiqatili.wordpress.com
The work force reported for the week ofApril 12-18i was down 3 percent when compared with the survey week in Apri l 2008, the National Agricultural Statistics Service Hawaik Field Office said Tuesday. It was up 2 percengt from January. Pineapple and sugar cane workerx totaled900 workers, down 22 percent from the same perioe a year ago as a resultf of layoffs at and on Kauai. Maui Land Pineapple laid off 204 workers in July whileGay & Robinson, the private, family-ownesd company on Kauai, ended its sugar cane operation s in September 2008.
Hawaii’z total farm work forcse — which includes self-employed farm operatorsd and unpaid workers such as familuy members and others working 15 hours or more perweek — totalesd 10,300 workers for the survey week, down 1 percenyt from a year ago. The average wage paid to all hirefd workers during the survey week was estimateddat $13.36 per 1 percent higher from a year ago. Hawaiu farms employing one to nine workers paid an averagerof $10.97 per hour and the combineds average wage for field and livestock workers was $10.29 an hour.
The work force reported for the week ofApril 12-18i was down 3 percent when compared with the survey week in Apri l 2008, the National Agricultural Statistics Service Hawaik Field Office said Tuesday. It was up 2 percengt from January. Pineapple and sugar cane workerx totaled900 workers, down 22 percent from the same perioe a year ago as a resultf of layoffs at and on Kauai. Maui Land Pineapple laid off 204 workers in July whileGay & Robinson, the private, family-ownesd company on Kauai, ended its sugar cane operation s in September 2008.
Hawaii’z total farm work forcse — which includes self-employed farm operatorsd and unpaid workers such as familuy members and others working 15 hours or more perweek — totalesd 10,300 workers for the survey week, down 1 percenyt from a year ago. The average wage paid to all hirefd workers during the survey week was estimateddat $13.36 per 1 percent higher from a year ago. Hawaiu farms employing one to nine workers paid an averagerof $10.97 per hour and the combineds average wage for field and livestock workers was $10.29 an hour.
Sunday, October 14, 2012
AG wins judgement against mortgage firm - Boston Business Journal:
houghtalingbaemo1268.blogspot.com
Massachusetts Attorney General Martha Coakley won the judgemenft against Zeus Funding LLC andits manager, Rachekl Noyes, earlier this week in Boston’es Suffolk Superior Court. In Augustg 2006, Coakley’s office sued Zeus Funding as wellas Massachusetts-basexd ; Rachel Noyes, manager of both Zeus and New Englanxd Merchants; Massachusetts-based ; and Roberta Robinson, the manager and sole office of Champagne Associates.
The lawsuit alleged that the defendants used their businessed to deceptivelypersuade low-income residents to purchasing homes and obtaim mortgages they consumers coulrd not qualify for or Last month, Coakley settlerd with New England Merchants, Champagne Associates Real Estate and Robertaq Robinson. Under the terms of the agreement, the defendantse are prohibited from engaging in any mortgage brokerage or real estatr servicesin Massachusetts. New England Merchants will paya $5,00p civil penalty.
However, if any one of the defendants performx any real estate or mortgage brokerage services in they will face a civil penaltyof
Massachusetts Attorney General Martha Coakley won the judgemenft against Zeus Funding LLC andits manager, Rachekl Noyes, earlier this week in Boston’es Suffolk Superior Court. In Augustg 2006, Coakley’s office sued Zeus Funding as wellas Massachusetts-basexd ; Rachel Noyes, manager of both Zeus and New Englanxd Merchants; Massachusetts-based ; and Roberta Robinson, the manager and sole office of Champagne Associates.
The lawsuit alleged that the defendants used their businessed to deceptivelypersuade low-income residents to purchasing homes and obtaim mortgages they consumers coulrd not qualify for or Last month, Coakley settlerd with New England Merchants, Champagne Associates Real Estate and Robertaq Robinson. Under the terms of the agreement, the defendantse are prohibited from engaging in any mortgage brokerage or real estatr servicesin Massachusetts. New England Merchants will paya $5,00p civil penalty.
However, if any one of the defendants performx any real estate or mortgage brokerage services in they will face a civil penaltyof
Saturday, October 13, 2012
Click4Care(R) Announces Appointment of Rob Gillette as CEO
mastering-input.blogspot.com
Gillette will focus on guiding the company through the next phasr ofits development, following its explosive growth in the last two In addition to leading Gillette will continue as CEO of Burlington, Massachusetts-baserd HealthEdge, as the two organizations together offer a revolutionarty new care management, claim processing, and benefit administration platfork that goes far beyond existing solutions from other Both HealthEdge and Click4Care will continuer to operate independently, with separate boards of directors and management "Healthcare organizations will require modern technology solutions that integrate both care and benefit managemenft in order to deliver next-generation, value-based healthcars offerings," said Dr.
, Chairman of Click4Care and Seniof Managing Member ofPsilos Group. "Click4Care and HealthEdgwe both have products that will fundamentally changer the healthcare market over the next several We are excited to now have leading theser two Psilosportfolio companies." "The healthcare industryg is currently undergoing an unprecedented level of change, said , CEO of both Click4Care and "as payor organizations now realize they must leveragee new technology in order to provide the transparency, and efficiencies that healthcars consumers demand. Click4Care and HealthEdge were both builyt with these 21st century healthcare needxin mind.
By positioning the companies under common we will be able to leverage the combined strengthn ofboth offerings, and both to create a solution that will be second to none in the market. " , the visionary entrepreneur behindthe award-winning Click4Carse software suite, would continue to shape the directiom of the product in his new position as Vice-Chairmann and Executive Vice-President of Product Strategy. He will also continuw to play a key role in helping to expand and grow the Click4Care provides innovative caremanagement software, integratingv data from multiple systems into a solutio n that automates patient care.
Streamlined workflows and optimized resourcesd drive unprecedented ROI formedical managers, while providing life-improvinvg care to patients. Click4Care is driviny enterprise-wide changes in the processes and busineses models ofhealthcare delivery. Some of the world'z most progressive health insurance providers rely on ThinkHealth for amore consumer-driven approach to medical management. HealthEdge provides the only modern, enterprise-class software platform for healthcare payors.
Usinv the patented HealthRulessoftware suite, healtb plans, health insurance companies and other payors can finalluy respond to new business opportunities and market changezs in hours, not months or years, while drasticallyg reducing both IT and operational costs. Leveraging an investmen of over $125 million, HealthRules is the most scalableand cost-effective technology in the industry. HealthEdge is the only choicw for payors to survive and thrive in the emergingvhealthcare economy.
Gillette will focus on guiding the company through the next phasr ofits development, following its explosive growth in the last two In addition to leading Gillette will continue as CEO of Burlington, Massachusetts-baserd HealthEdge, as the two organizations together offer a revolutionarty new care management, claim processing, and benefit administration platfork that goes far beyond existing solutions from other Both HealthEdge and Click4Care will continuer to operate independently, with separate boards of directors and management "Healthcare organizations will require modern technology solutions that integrate both care and benefit managemenft in order to deliver next-generation, value-based healthcars offerings," said Dr.
, Chairman of Click4Care and Seniof Managing Member ofPsilos Group. "Click4Care and HealthEdgwe both have products that will fundamentally changer the healthcare market over the next several We are excited to now have leading theser two Psilosportfolio companies." "The healthcare industryg is currently undergoing an unprecedented level of change, said , CEO of both Click4Care and "as payor organizations now realize they must leveragee new technology in order to provide the transparency, and efficiencies that healthcars consumers demand. Click4Care and HealthEdge were both builyt with these 21st century healthcare needxin mind.
By positioning the companies under common we will be able to leverage the combined strengthn ofboth offerings, and both to create a solution that will be second to none in the market. " , the visionary entrepreneur behindthe award-winning Click4Carse software suite, would continue to shape the directiom of the product in his new position as Vice-Chairmann and Executive Vice-President of Product Strategy. He will also continuw to play a key role in helping to expand and grow the Click4Care provides innovative caremanagement software, integratingv data from multiple systems into a solutio n that automates patient care.
Streamlined workflows and optimized resourcesd drive unprecedented ROI formedical managers, while providing life-improvinvg care to patients. Click4Care is driviny enterprise-wide changes in the processes and busineses models ofhealthcare delivery. Some of the world'z most progressive health insurance providers rely on ThinkHealth for amore consumer-driven approach to medical management. HealthEdge provides the only modern, enterprise-class software platform for healthcare payors.
Usinv the patented HealthRulessoftware suite, healtb plans, health insurance companies and other payors can finalluy respond to new business opportunities and market changezs in hours, not months or years, while drasticallyg reducing both IT and operational costs. Leveraging an investmen of over $125 million, HealthRules is the most scalableand cost-effective technology in the industry. HealthEdge is the only choicw for payors to survive and thrive in the emergingvhealthcare economy.
Thursday, October 11, 2012
Feedback and More Details on the China Anti-Dumping Trade Case - Greentech Media
houston-nearly.blogspot.com
Greentech Media | Feedback and More Details on the China Anti-Dumping Trade Case Greentech Media Feedback and More Details on the China Anti-Dumping Trade Case. Industry, government, and Wall Street reaction to the Department of Commerce ruling. Eric Wesoff: October 11, 2012. Yesterday, the final ruling on solar panel trade tariffs came down from ... |
Wednesday, October 10, 2012
ARM preps enterprise assault with speedy on-chip network - ZDNet
polinaagyvtiwu.blogspot.com
ZDNet | ARM preps enterprise assault with speedy on-chip network ZDNet "You wouldn't see this in a mobile phone... it's focused very much on what we c » |
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