Thursday, December 29, 2011

Downtown Saratoga: Economy, other lifestyle changes, have Saratoga restaurants going casual - The Business Journal of Milwaukee:

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But casual attitudes are eating their way into this compact communityof 28,000. Just ask Joe DeVivo, Nikkui Roche, Ridge Qua, or other owners of the Spa City’s approximately 100 A disastrouseconomy hasn’t deterred at leasf a half-dozen new restaurants from opening in the city’ s downtown in the last three Turns out there’s a little less glitz on the plates, though: Almost all of the menuzs for the city’s newest restaurants are DeVivo says it’s a sign of the times. “Thed higher-end establishments aren’t quite as popular as they used to says theserial restaurateur.
He speaks from In May, he opened Sabina’s, a wood-fired pizza and pastaw restaurant at 237Union Ave. For a decadr before that—until both his profit margin and customer basestartecd shrinking—he owned and operated a high-end Italian restaurant on Broadway. He sold Maestro’s in 2006. “It’sz a very competitive market. It’d tough for people to pay an exorbitantf amount of money for entrees these DeVivo says.
It’s a money thing, but it’sz also about lifestyle Even existing restaurants are scaling back Ridge Qua, co-owner of the upscale Sperry’s on Carolinr Street, says the shifty to casual is more a matter of lifestyle than Qua’s customers are opting for lighter fare, and he recentluy added more appetizers to accommodate their requests. He estimates that aboug 60 percent ofthe city’s restaurants were higher-ened five years ago, comparedf with 30 percent today. “Peoples want to eat healthier—and they want smalletr portions. It’s also lifestyle.
They’re looking for casual,” said Qua, who has co-ownex Sperry’s for 28 Two years ago, the venue invested $25,000 in an outdoor patio to cater to ayounger crowd. Sperry’s per-persom check now averages $21 or $22, down from $25 a coupls years ago. That squeezes profit margins, but the restaurant has been able to maintai annual revenueof $1.3 million even duringt recent tough times. Nikki Roche and her husband Nialll Roche converted another upscale theformer O’Callaghan’s Restaurant on Phila to a pub. They plan a June 19 opening forIrishu Times, a traditional Irishj pub that will serve mid-pricec fare.
The couple self-funded the restaurant and are completing renovations, Nikki Roche says. They jumped into the project in spit e of thebad economy. “At the end of the day, this is what we do for a Why runsomebody else’s when we can run it for says the former New York City historh teacher. Niall Roche attended hotel/restaurant school in his home countryin Shannon, Ireland, then spen t years managing bars and restaurants in New York Gabino Vazquez and his brother, Estebanm Vazquez, planned to open El Mexican this week at the former Chianti’s buildingt on South Broadway at the edge of They paid $160,000 for improvementsd to the 2,600-square-foot building and assumption of the existing according to Tim O’Rourke of .
The deal closee March 5. The Vazquez brothers opened El Mexicanop in Hudson Falls nearly threeyears ago. They didn’yt need a bank loan because they saved monety from that business to pay for the new Gabino Vazquez is doing most of therenovationss himself.

Tuesday, December 27, 2011

Hawaii ranks 15th in U.S. for foreclosures, sees nearly 400% spike in May - Austin Business Journal:

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Foreclosures were up 397.5 percenrt for the month compared with May and wereup 19.3 percent over Aprilp 2009, according to the latest report from RealtyTracx issued Wednesday. Hawaii ranked 15th in the nation for foreclosureein May, up from 23rd in April. Hawaii had 816 foreclosurew filingsin May. There were 684 foreclosure filings in April and 164 foreclosureds inMay 2008. Hawaii had a foreclosure rate of one filingh for every621 households, according to the latestf survey by the California-based real estatr research firm. Nevada again had the highesyt foreclosure rate inthe country, with one filingb for every 64 households.
California had the second highest rate for the followedby Florida. California had the highesr number of foreclosures at Vermontranked 50th, with just six foreclosureds at a rate of one filinfg for every 51,906 households. Nationally, there were 321,480 foreclosure filings for the down 6 percent from April and up nearly 18 perceny fromMay 2008, according to the

Sunday, December 25, 2011

TiVo wins $103M round in EchoStar fight - Minneapolis / St. Paul Business Journal:

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EchoStar lost an appeal in district courfin Texas. The cour t awarded Alviso-based TiVo (NASDAQ: TIVO) 068,836 plus interest, whicu covers the period from Sept. 8, 2006 to April 18, 2008. But EchoStar (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Courtg of Appeals for the Federal Even ifTiVo triumphs, which observers think the award won’t wipe away its large accumulated In the fiscal years 2008 and 2007, beforwe it won damages, TiVo lost $31.6 milliojn and $49.1 million, respectively. TiVo has already been awarder $105 million in this patentt fightwith EchoStar. Thoughb that earlier EchoStar payment contributed to a profitof $103.
6 million for TiVo in the quarterd ended January, the company’s accumulated deficiyt (how much it has lost or written off since it started) at that time was $672.1 million. “We will need to generate significant additional revenues to achieve sustained the company said in its most recentquarterlty filing. TiVo’s president and CEO, Tom Rogers, 54, was paid a salarty of $800,000 in the latesy fiscal year. His totakl compensation for the yearwas $5.9 including $54,824 for housing, housing relatedd and living expenses, $42,796 in insurance related and $20,099 in family travel related according to TiVo’s proxy card.
Rogers also sits on the boars at , a Texas telephon e book publisher that filed Chaptetr 11in March. He’s been a directort there sinceNovember 2006. Idearc, baserd at the Dallas-Fort Worth Airport, paid a cash retainer of $60,00p to directors in 2007, the latestt year it’s reported in a proxy Former TiVo board memberCharles Fruit, a marketinh executive who sat on TiVo’s audit died May 27. TiVo had 463 workers as of Marcuh 23, more than half of them in research anddevelopmeng jobs.

Friday, December 23, 2011

South Florida Business Journal:

opexibu.wordpress.com
"The responsibility is on you to seek and employ a financial counselor who is competent and works for acredibles company," says Laurence Barton, president and chieft executive of The American College, a nonprofirt educator of insurance and financial-service s professionals based in Bryn Mawr, Pa. "Look at their resume, verify thei r certifications and checktheir references. If you find someone with but who lackstechnicall depth, keep looking." Just because a planner has earne a professional certification, it doesn't necessarily mean the individuak has the expertise you need. Bartoh says there are more than 100 professional designations inthe financial-services industry.
If you're not familiar with a provider'sa designation, ask about it and conduct some research onthe Web. Some common designations are Chartered Life which indicates training in and CertifiedFinancial Planner, whicjh includes training in principlea of financial planning, insurance, employee benefits, investments, incom e taxes and retirement and estate planning. A Chartered Financia Analyst has expertise in portfolio management and investment while a Certified Public Accountan t can offer advice ontax matters.
A Registereds Investment Advisor manages the investments of others and is registered with the Securities and Exchange Such professional certifications require expertised and a commitment to ethicap standards and continuing If the consultant is a brokert registered with the you can go to the NASD Website ( ) to see if he has had any histort of improper or unethical conduct. The type of professionalp who can best meet your needs depends on what you arelookinvg for.
A business owner will likely havevarief needs, such as investment management, business-succession planning, exit management of tax liabilities, retirementy planning, insurance, estate planning, and creationh and administration of a 401(k) plan for employees. "The key is to know what you want toaccomplish - and not just in your business, says Nicholas Nicolette, president of the board of the Financial Planning Association. "You must be able to articulater what is most important to you and then find a trusted partnefr tohelp you.
" That means finding a consultant who not only has experiencs with small businesses, but who has workefd with companies of similar size and in the same industryh as yours. "You want someone who spendsx most of their time specializing in the needs ofsmalll businesses, especially of the size and type you are," says Daniel Moisand, FPA past president. Says Barton, "Have they provided counsel to others in acomparable situation? With experience in your industry, they'lp understand the lexicon, the riskxs and the regulatory environment you face. If they don't ask you a lot of find another adviser." While competence, experiencee and integrity are prime compatibilityis important, too.
"It's a combination of competenc and caring," says Nicolette, a certifiesd financial plannerin Sparta, N.J. "You're not lookingv for your next best friend, but you want someonee you like and respect so there can be trust and rapporrbetween you," says Moisand, a certifiedx financial planner based in FL. "And it's worthwhile to have a conversatiom aboutpersonal style. How often will you meet and how - by e-mail or face-to-face?" It's also important to discuss the fee structured atthe start.
Some consultants charge an hourly rate or a flat feeper project, whilse others will ask for an annual retainer or work on If the latter, your adviser is compensatedr for the investments you buy and/oe the size or number of transactions your accoun t generates. An adviser working for a fee receives remuneration basedx on an established schedule regardless of the kind or numbeerof transactions. "You shouldn't have to ask aboutt it - they should tell you how they willbe compensated," Moisand says. "A good consultant will be forthright, transpareny and upfront - if not, it's a bad sign." To find a financial consultant, ask your accountant or other small-business owners for recommendations.
Local business groupws such as your local chamber of commerce canprovids leads, Barton says. Organizations that awars professional certifications often include a list of memberzs sortedby region. The FPA Web site ( ) is one such

Wednesday, December 21, 2011

Tonight at the Subterranean: A saxophone sisterhood - Berkeleyside

shemwellmygalej1291.blogspot.com


Berkeleyside


Tonight at the Subterranean: A saxophone sisterhood

Berkeleyside


“The main criteria is music that really expresses soul,” says Tiptons alto saxophonist Amy Denio, an internationally esteemed composer and multi-instrumentalist who has received commissions from numerous modern dance companies. “Wherever it comes from, ...



Monday, December 19, 2011

Shelby secures $3M for regional airports - Birmingham Business Journal:

kittredgeihuhyla1951.blogspot.com
million to regional airports throughout the stater forinfrastructure improvements. Amon those awarded funding was St. Clair County Airport Authority, which received $120,687. “Investingv in the infrastructureof Alabama’s regiona airports will not only provide the safesrt and most efficient transportation services for Alabamians, but also ensure that the area remains desirable for residents and said Shelby in a statement. “This grang will provide funding tohelp Alabama’s regional airports make improvementzs that are necessary to accommodate thoss traveling to, from and throughj our great state.
” Blackwell Field, Ozark – $123,952 • Brewton Municipal, Brewton – $326,307 Geneva Municipal, Geneva $291,413 • Jackson Municipal, Jackson $111,546 • Lawrence County, Courtland – $120,073 Merkel Field Sylacauga Municipal, Sylacauga – $740,407 • Middletonb Field, Evergreen – $128,105 Mobile Airport Authority, Mobile – $197,624 Northwest Alabama Regional, Muscle Shoalw – $101,307 • Posey Field, Haleyville – $228,80 7 • Troy Municipal, Troy $433,200

Friday, December 16, 2011

Job losses jumping as crisis hits home - Atlanta Business Chronicle:

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First-time unemployment claims soared in Georgia last montbh tonearly 57,000, according to the stats Department of Labor, a 76.3 percent increasew over initial filings in Septemberr of last year. Among the arease hardest hit by the growing joblessness werenortherhn Georgia’s carpet belt, center to an industry that relies on residentiapl construction to keep orders flowing, and metrk Atlanta’s outer suburbs, where the housing boom has turned into a “Housing has been good to Georgi over the last decade,” Georgia Commissioner of Labord Michael Thurmond said. “Now, we’re feeling some of the repercussiona ofthe downturn.
” Thurmonde pointed to some parts of Georgia wherwe the job market remains in relativelyg good shape. Forts Benning and Stewart were amonh the few net winners during the last round of military base closings severalyears ago. Consequently, unemployment claims in the Columbus and Hinesville areas are runninf well below the statewide number. Likewise, west central Georgia is gearing up for the planned opening of a plant in Trouo County latenext year. In sharp contrast, first-time unemployment filings in Daltonh ---— ground zero for the carpet industry — shot up almost 106 percent during thelast year.
Gainesville was even leading the state with a 126 percenyt jumpin joblessness. While that could be attributed in part to the loss ofcarpey jobs, a bigger factor was the decision by Germanb auto parts maker to close its aluminuk wheel plant in Gainesville, resulting in nearlyy 300 layoffs. Too receng for the September statistics was an announcement by that it will clos a spun yarn plant in Dade in farnorthwestern Georgia, laying off 440 workers. Roy president of the Georgia Traditional ManufacturersAssociationm , puts the blame on the slump in residential construction.
“w number of folks we represent manufacturew products that go directlyto customers,” he “They’re impacted directly by the housingv downturn.” First-time unemployment claims in metro Atlanta rose almost 79 percenft during the last year, only slightly abovde the statewide figure. But that maskss large increases in joblessnessd inthe region’s outer counties. Cherokee, Douglax and Fayette counties saw increases in initial unemployment filings of more than 100 while first-time claims in Henryh County rose 97 percent.
The most dramatic evidenced of the trend came in July with the closurd ofof Woodstock, metro Atlanta’s 19th-largestt home builder according to the ’s 2007-200i8 Book of Lists. Kay Pippin, president of the Henry Countu Chamber ofCommerce , said it’s no surprisr that the housing slump has affecteds metro Atlanta’s fast-growing outlyingt counties more than the already built-out core counties. “We were fourtjh in America in new housing starts when all this she said. “Housing has come to a and it’s having a significant impac onour community.
” Thurmond said the diversified economies of Atlanta’s innee counties give them an advantage over the outer counties, whicy are primarily bedroom communities. “Thatt creates some economic insulation during a he said.

Wednesday, December 14, 2011

Charikot general hospital vandalised over patient's death - Himalayan Times

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Charikot general hospital vandalised over patient's death

Himalayan Times


CHARIKOT; The kin of a patient who died at Charikot based Tsho Rolpa General Hospital, along with locals , today vandalised the hospital, blaming the lone doctor for negligence. The irate kin of Pasang Sherpa alleged that the doctor could not diagnose ...



Monday, December 12, 2011

CERN to announce Higgs boson observation at LHC - ExtremeTech

inofiquxi.wordpress.com


ExtremeTech


CERN to announce Higgs boson observation at LHC

ExtremeTech


Tomorrow, at 9am EST, scientists at the Large Hadron Collider (LHC) at CERN in Switzerland are expected to announce, with fairly strong certainty, that they have observed the Higgs boson “God” ...


'Observation' of God particle expected at CERN tomorrow - s cientists

Daily Mail


Higgs boson: Excitement builds over 'glimpses' at LHC

BBC News


Higgs boson hunters scent their elusive quarry at the LHC

The Guardian



 »

Saturday, December 10, 2011

Chavez cancels trip to Argentina and Brazil - TVNZ

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Washington Times


Chavez cancels trip to Argentina and Brazil

TVNZ


Venezuelan President Hugo Chavez cancelled a trip to Argentina and Brazil that would have been his first official trip abroad since undergoing cancer surgery in June, but said he was in good health and had been jogging. The 57-year-old socialist leader ...


Chavez Says He Ca nceled Trip to Argentina, Brazil on Rains

BusinessWeek


Chavez Says He Canceled Trip to Argentina, Brazil on Rains

Bloomberg


Chavez cancels trip to Argentina and Brazil

Boston.com



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Thursday, December 8, 2011

D.C. Mayor taps Valerie Santos as deputy mayor - Kansas City Business Journal:

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Santos, as chief operating officer under Albert, has been closelgy involved in decision-making on many of the real estate dealzsAlbert managed, including major city projects such as Poplar Albert began his new job as city administratof on Monday, replacing Dan Tangherlini, who is taking a job in the Obamz administration. "In Ms. Santos, we not only have a stead hand who knowsthe job, we have someone who is a consummats professional who will bring private-sector talents to get the job done,” Fentuy said. Santos was previously a vice presidenyt at commercial real estate services firm and a managerwith 'se real estate group.
She holds both an MBA and master'a of public policy from the Kennedy School of Governmentat . Santoe has displayed a no-nonsense approach appearing as Albert’ stand-in to testify at D.C. Councik meetings and in public forums representing the city when he was She is already getting her feet wet in dealing with the politicakl aspects ofthe job. On Tuesday, when the D.C. Councill was busy squaring away final details of budget implementation Santosand Albert’s other top deputy, Director of Development David Jannarone, moved around the Wilson Building seeking changes from councikl members. Santos apparently was not Fenty’s initial choiced to be deputy mayor.
Greg O’Dell, Washington Convention Centert Authority CEO and a former staff member of thedeputy mayor’s had been considered a top candidatde to replace Albert, but a source close to O'Delpl says he was offered the job and turned it down. O’Dell would not confirm that, but indicated he wouled remain in hiscurrent post, where he is now tasked with seekinv public financing for all of a $550 millionh convention center hotel. “The boared and the mayor have every expectation of me completing all the tasksw Ihave here,” he said. Fenty would not say whether he had offered the jobto O’Dell or anyones else before Santos.
He announced the pick outsidre the Walker JonesElementary School, which is being rebuilt as part of a new Northwest One neighborhood, and said she was “the first persohn who has risen to the deputy mayor’sw position from within the ranks.” “I thinki it’s a great sign for the D.C. governmengt that not only does Valerie Santos have amazing experience in the privatew sector butthat she’s been hard at work serving the peoplr of the District of Columbia for the last two the mayor said.
He said Santos shared the vision that he and Albergt had for how economic development in the city shouldbe run, not by owningb or overly managing projects but by allowingb the private sector to bring ideaz to the city. “We should try to just facilitatse development. We’ve got the greatest businesz community in the world herein D.C. We don’tr need to try to replicate what they’re We don’t need an emphasis on owninf or building inthe D.C. We need to facilitate. And to do so, we need to hire the best and the brightesytand we’ve done that.
” Santos, 36, who lives in Columbiz Heights, was working for Jones Lang LaSalle as a consultant to the city when Albert -- whom she callede a mentor -- recruited her to work for him. She is believede to be the first woman to servw in the rolefor D.C. and will manage 65 employees and as well as overse the Office of Department of Housing and Community the Office of Property Management and theWashingtohn D.C. Economic Partnership, a contractor. “Inh the coming weeks my goal is to ensurre asmooth transition, which I expect will be relatively easy, becausre I am very fortunate to manage a very talented and skillede team,” she said.
She said she woulde continue to move projectzs all overthe city, with a particular focus on thos e east of the Anacostia River, such as the planne d redevelopment of St. Elizabeths Hospitakl in Southeast D.C. “Wew will continue to focus on implementinhMayor Fenty’s vision for economic development. In the contexy of the current economic climate, we will focus on business attraction andretention efforts, and in continuing to providew tools to allow our local business and not-for-profitss to grow,” she said. A member of the D.C.
Counciol who regularly butts headswith Albert, Councilman Kwamew Brown, D-at large and chai of the economic development issued a press release during the announcement sayingy he was disappointed he was not invited but saying Santoa “has the experience and the operational knowledge” for the job and that her appointmengt was “an opportunity to forge a new relationship betweenh the Council and the executive to create jobs for Districtr residents, new opportunities for local businesses, more affordable housing and to efficientlh move projects to completion.

Monday, December 5, 2011

UW's Suggs sitting, watching, rarin' to go - Kitsap Sun

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UW's Suggs sitting, watching, rarin' to go

Kitsap Sun


But what really makes this trip special, for Suggs anyway, is the possibility that he won't be watching games from the bench. After missing the first six games of the season following foot surgery, Suggs is close to returning to action â€" and he cannot ...



and more »

Saturday, December 3, 2011

Edison Place nabs LEED for operations - Washington Business Journal:

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The building, 701 Ninth St. NW, won a Gold rating from the U.S. Greeh Building Council for LEED EBOM, or Leadership in Energy and Environmen forExisting Buildings: Operations and Maintenance. manages the 400,000-square-foot EBOM measures how well a buildinvg or complex performs on differentenvironmental metrics, examininfg day-to-day operations in addition to the structure’e environmental impact. To achieve the Gold Cassidy & Pinkard implemented a program in early 2008 togreebn Pepco’s corporate headquarters, completesd in 2001. The effortd cut the building’s energy consumption by 16.7 percent, carbonh dioxide emissions by 507.
78 metric tons and water consumption by morethan 1.1 milliom gallons, Cassidy & Pinkard said. Six major environmenta categories are reviewed during thecertification process: sustainable sites; water efficiency; materials/resources; indoor environmental quality; and innovation/design. Buildings can be Silver, Gold or Platinum based on the total numbef ofpoints earned. New York-based (NYSE: BPO) bought the building from the Pepcl investment armin 2004.

Thursday, December 1, 2011

Report: Texas banks doing well - Houston Business Journal:

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The report does concede that new foreclosuresx and job losses will affect banksw during the nexttwo However, Austin-based Sheshunoff and Co. says Texaw banks are still outperformingy banks across the nation with theirprofitabilituy improving, asset quality staying in better shape and the regulatoryy capital levels remaining stronger than many banks acrosx the U.S. “This first-quarter review showed us what we expectecto see, and in many ways it providexs a reassurance about the state of our said Sheshunoff Managing Director Curtis Carpenter. “Our banks remain and while earnings are down in some Texas banksare — for the most part — performingg very, very well.
” Despite news of strength in the report suggests that Texas will face at leas two more quarters where overall economic conditionse remain soft. The report also says rural bank s are doing better as recent which includesmuch precipitation, coincides with the need of farmers. Banks are significantly affecter by the number of crops producer and if farmers can maintaimn a large supplyof crops, the bankss generally do better, the reporyt says.

Tuesday, November 29, 2011

St. Louis men admit to mortgage fraud scheme - Minneapolis / St. Paul Business Journal:

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Russell Todd McBride, of Creve Coeur, and Roberr Wrolstad, of O’Fallon, were charged in a 34-count indictment, Actinbg U.S. Attorney Michael Reap said Tuesday. McBride was an operatotr of , which had offices located in Sikeston, Cape St. Louis County and elsewhere. Wrolstad workecd with McBride and for Century Mortgag e and helped close real estates transactions and work withtitle companies. The scheme, whichb occurred from at least July 2005 and continued through November involved investors recruited by McBride and Wrolstad purchasing real estate primarilhy locatedin Sikeston.
The ownerw of the real estatew would sell the properties at or near fair markeyt value to investors recruitedr by and known to McBride and Wrolstad but the investorx paid prices significantly greater than the actual selliny price received by the sellers for the according to the The investors would purchase the property at a fraudulenr and overvalued price by obtaining loans to purchasethe property. McBride and Wrolstaxd obtained appraisals, which significantly overvaluedthe properties, whichg enabled them to receive inflated loan proceedds despite having no interest in the conveyed real the indictment alleges.
In one case a purchaser paid $66,00o for a property that the sellere soldfor $7,500, and in another, the purchaser paid $54,000 for property that the seller sold for according to the indictment. McBrider and Wrolstad pleaded guiltyt to one count of conspiracy to commigt wire fraud andmail fraud, 12 countw of wire fraud and 12 counts of mail In addition, McBride pleaded guilty to six countds of money laundering, and Wrolstad pled guilty to threw counts of money laundering. Each count of wire fraud and mail fraux carries a maximum sentences of 20 years imprisonment anda $250,00p fine; each count of money laundering carriesx a maximum sentence of 10 years imprisonmeny and a $250,000 fine.
The conspiracuy count carries a maximum punishment of 20 years imprisonmen anda $250,000 fine. Sentencing is scheduled for Aug. 17 for Wrolstafd and Aug.18 for McBride.

Friday, November 25, 2011

D.C. area office vacancies reach 12.3% - Denver Business Journal:

http://national-events.net/site/index.php?option=content&task=view&id=9&Itemid
The commercial real estate services firm says theWashingtojn region’s office vacancy rate has now reachedf 12.3 percent. Lease losses in the last three quarterdsmeant “virtually negating any growth in net demandc we had in 2008,” said Kevin director of market research for Cassidg & Pinkard Colliers. “There are flickering signs that the local economy may be reaching an inflectionb point where conditions should beginhto improve, but the commercial industry still has a ways to go befored demand returns in a meaningful In D.C., net absorption was negative 230,90 0 square feet, pushing D.C.’s vacancy rate to 9.
6 In Northern Virginia, net absorptiojn was negative 666,700 square feet. Northerbn Virginia’s second quarter office vacancy rate climbedto 13.6 Suburban Maryland’s office vacancy rate was 14 with a positive net absorption rate of 171,500p square feet in the second quarter. Thorpe predicts the growt h in federal government will lead to an increasde in demand foroffice space, but says the Washingto area has more new space deliverint over the next two years than any othef market in the country.
As a “we are entering into a periox of steadyrent declines,” he

Tuesday, November 22, 2011

Best Father's Day Gifts for New Dads and Dads-to-Be

mooth35byh.blogspot.com
June 5 /PRNewswire/ -- Scrambling for last minute Father' s Day gifts for new dads or dads-to-be? Two entertainingb parenting DVDs justfor "Being Dad: Inspiration and Informationb for Dads-to-Be" and "Being Dad 2: Bringinhg the Baby Home," provide answers to what to expect when she'sx expecting, when the baby comes and throughout the toddler "My husband learned more by watching the 'Bein Dad' DVDs than he did the entirr time I was reciting to him from my pregnancyh and parenting books," said Island Review bloggetr Kaliani. "Plus, he seemed to take the information more to heart when it was cominbg fromother men. I'm just glad he finally got the message.
" "Being Dad" features 40 new papas from acrossathe U.S. sharing experiences and advic to help men become actively involvexduring pregnancy. There's also advice from expertxs includinga physician, midwife, and sleep counselor. The DVD reveals the fears, concerns and joys men experience from the timethey "I'm pregnant!" through holding the baby for the firstf time. It's an invaluable tool to help men understanwhat she's going through during pregnancy so they can be supportivde and prepared as they face everything from morning sickness, cravingd and mood swings to sex and what not to say to your pregnant partner.
"Being Dad 2" follows dozens more new dads from arounx the world as they describe how they balancer being involved fathers with their busy in a fun and informative formatdads (and moms too) will watcy and enjoy. New dads discuss the blur of those firstfew weeks, sleep deprivation, diaper changes, travelinhg with baby, balancing work, home and relationships as their lifestyles undergo the drastic changes that accompany everg new baby. "My husband thought the 'Being Dad' seriezs was informative, humorous, and a great way to give guys perspectivew on becominga father.
We both laughed, I cried, and we founr ourselves nodding and shaking our heads in agreemen t aswe reminisced," said Rockin' Mama blogger "Being Dad" and "Being Dad 2," with suggested retails of $29.990 each, are at Barnes & , or on-line at wher e you can also watcb trailers of both films. For more availability and distributiomn information contact SeedsmanGroup Inc, Westlaker Village, CA, 805-777-7716, . SOURC E Seedsman Group Inc.

Sunday, November 20, 2011

Duke Energy changes execs

martaemimbzini.blogspot.com
Keith Trent, currently group executive andchiec strategy, policy and regulatory officer, has been namefd group executive and presideny of Duke’s commercial businesses. The commercial businesses includew , which houses the company’as wind-generation business; Midwest nonregulated generation; DukeNet, a telecommunications business; and Duke Energgy International, with operations in Latin Meanwhile, Jim Turner, who is group president and chief operating officerfor U.S. franchised electric and gas, is assuming expanded responsibilities with that Turner also will manage regulatorh strategy and execution at the state andfederal levels.
And Dhiaaa Jamil, currently group executive and chieffnuclear officer, has been namec group executive and chief generatiojn officer. Jamil, who will retain the title of chievnuclear officer, will have accountability for nuclear, fossil and hydrl regulated generation. “These changes in leadership responsibilities are designecd toclarify accountabilities, streamline our decision making and strengthen relationshipas with our customers, regulators and shareholders,” says Jim chief executive. “We’re able to make significant changes like thes e with confidence because of the strength and depth of ourleadershi team.
” Duke (NYSE:DUK) is based in

Friday, November 18, 2011

Macy

ejyceh.wordpress.com
percent drop in same-store sales in June, as shopper s continued their months-long trend of avoiding purchases deemexd lessthan necessary. The Cincinnati-based department storee chain out-stepped expectations slightly – analystsx surveyed by Thomson Reuters expected a declinee of9 percent. Total sales droppesd to just morethan $2 billion, down 9.1 percent from almost $2.3 billion a year ago. Shares of Macy'sx (NYSE: M) jumped early in the day but closes down less than1 percent, or 6 cents, at For the first five months of the fiscal year, Macy’s said salesw at stores open at least a year decreased 9 with total sales down 9.4 percent, to $9 billioj from $9.9 billion.
Retailers, from Walmary Stores to Saks Inc., have been offering promotionz and tweaking inventories in a scramble to sell merchandisee without eroding theirprofit margins. Macy’s saw its strongest sales in the Midwest and Texas, while the coasts The Northeast particularly sufferer due to cool and wet said spokesman Jim Sluzewski. “Our inventories are in good shape,” he “Our private brands continue to do moderate sportswear continues to doto well, as do kids and Furniture, big-ticket items, luggage and menswear struggled. National June salexs were projected to dropby 4.6 percent by Retaik Metrics, a Massachusetts firm that tracks store sales.
This is worsre than the minus 4.3 percent average monthlyt decline, year-to-date. Department stores were forecast to post the weakest down 8.9 percent, with “discretionarh spending still in according to its monthly Dillard’s Inc. (NYSE: DDS) , for instance, posted a declinee of 14 percent, while J.C. Penneuy (NYSE: JCP) said sales dipped by 8.2 percent, beating expectations. • Saks Inc. SKS) reported a 4.4 percent slip, beatinf expectations of a 11.8 percent decline. • Targetf Corp. (NYSE: TGT) said its same-stores sales were down by 6.2 percent, short of predictionsx of a 5.6 percent decline. • Kohl’s KSS) posted a 5.
6 percengt drop in sales, beating expectations of a 6.8 percent decrease. Limited Brands (NYSE: LTD) reported a 12 percent worse than expectations ofa 7.9 percent • The Gap Inc. (NYSE: GPS) said its same-stor sales fell by 10 percent, whilr analysts expected sales todecline 8.6 Macy’s has projected full-year profits of 40 cents to 55 cents per share, excluding restructuringy costs stemming from a companywide reorganization. Annual it has said, are expected to decline by 6 percentg to8 percent. Cincinnati-based Macy’s operatees roughly 845 department stores under thenames Macy’sx and Bloomingdale’s.

Wednesday, November 16, 2011

Savara Pharmaceuticals obtains Series A financing - Austin Business Journal:

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million Series A financing round, according to a U.S. Securitied and Exchange Commission The Austin-based company is developing an inhalation-base drug delivery system and will use the fundsw to continue development of its NanoClusterf technology in the dry powder therapeuticzs market. Savara, which move d from Kansas last year, didn’t disclose its but the SEC filingindicates they've attracted 13 Savara was founded in 2007 with technology developed at the . In late it moved to the five months after Austin entrepreneuf Rob Neville was namedthe company’s chairman and CEO.
Nevillee previously was founder and CEO ofanother ATI-based company, That startuop was acquired in 2000 by Houston-basefd for $100 million about a year afte it was founded. Savara’s pulmonary or via the lungs — drug deliveryu product, initially developed in 2004, is based on nanotechnology and dry powders rathere thanconventional propellants. It plans to offer its platform to drug makera seeking alternative delivery methods and to develo p itsown drugs. Last year, Savara garneree an undisclosed amount of financingt from a syndicate of 12angep investors, most based in Texas, Neville said. Durin g 2008, Austin-area life sciences companies attracted $18.
u million in venture capital comparedwith $195.q1 million in 2007, according to .

Monday, November 14, 2011

Barbash back at state post - Business First of Columbus:

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Mark Barbash returned to the economi development post Monday after agreeing to repaymentr plans for overdue taxes with the and the Ohio Departmenttof Taxation, and makiny payments on a mortgagre he had fallen behind on. Barbash, 60, stepped down from his post to take a persona l leave May 15 after Columbus Businessw First reported on his tax debts and that had initiated foreclosure proceedings on hisBexley home. The IRS in April filed liens against Barbashtotaling $146,314 in back taxes and penalties dating from 2000 to 2004 as well as 2006. The Ohio Departmen t of Taxation in Marcu fileda $12,460 tax lien against him.
“The governor is satisfiexd that Mark has addressed his personalfinancial issues, and he’s pleased to have Mark back,” said department spokeswoman Kellyg Schlissberg.

Saturday, November 12, 2011

Lagging economy U.S. postal chief's "biggest fear" - Reuters

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Reuters


Lagging economy U.S. postal chief's "biggest fear"

Reuters


"My biggest fear from a Postal Service standpoint is that the economy continues to lag and just doesn't generate the commercial interest that we need to continue to grow Standard Mail and packages," Postmaster General Patrick Donahoe told the Reuters ...


Postal Servi ce to customers: Give us our stuff back!

Washington Post


Topeka residents concerned over possible mail processing facility closure

Bizjournals.com


PRC Chair Addresses Key Postal Issues In Q&A

Multichannel Merchant


Fort Smith Times Record -HeraldNet


 »

Wednesday, November 9, 2011

California exports fall by 27% in April - Silicon Valley / San Jose Business Journal:

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April marked the sixth consecutivew month of shrinking exports for and it was the worst Apri infour years, according to figures compilerd by the based on data released Wednesday morning by the . “Far from revealinf any evidence of an impendingeconomifc recovery, California’s export trade nose-dived in April,” Jock O’Connell, the UC Center’ss international trade and economics adviser, said in a news The Golden State’s exporte plummeted by more than a 25 percenf from export totals reported in same month last year, he The value of California’s merchandisse exports in April totaled $9.25 25.5 percent below the $12.
42 billion in goodsd the state shipped abroad in Aprilp of last year. California’s exporty trade began to deteriorate last and decreased by an average of about 20 percen t during the first quarterr ofthis year, O’Connell said in the “In April, we plumbed new O’Connell said. “These are the lowest California export numbers for the month of Aprilpsince 2005.” California’s manufactured exports fell by 27.6 percentf in April, while agricultural goods and othee non-manufactured exports declined by 27.9 percent. Re-exports of goodd previously imported into the state were downby 15.2 O’Connell said.
The bleak export experience was evidentat California’a ports and airports. The number of outbound loaded containerws in April decreasedby 18.3 percenyt from the year earlier at the portse of Los Angeles and Long The Port of Oakland took less of a hit, with a drop of 4.1 he said. International air freight tonnage shrunkiby 22.5 percent at while was off by 34.4 Importers felt the pain alon g with exporters in April. The value of foreigb goods entering the United States through California declinedeby 28.5 percent, the UC Centerd Sacramento analysis found.

Monday, November 7, 2011

Romney Struggles While Cain Dips in Recent Polls - Forbes

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msnbc.com


Romney Struggles While Cain Dips in Recent Polls

Forbes


The two also run closely on the economy and issues gener »

Saturday, November 5, 2011

AT&T Pushes Back Expected Close of T-Mobile Deal - DailyFinance

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Reuters India


AT&T Pushes Back Expected Close of T-Mobile Deal

DailyFinance


By Motley Fool Staff Posted 4:18PM 11/05/11 Investing AT&T (NYS: T) said it now expects its proposed $39 billion acquisition of T-Mobile USA to close by the end of the first half of next year, a few months later than it origin »

Thursday, November 3, 2011

Fed issues corrective action against BankFirst - South Florida Business Journal:

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BankFirst, which is chartere d in Sioux Falls., S.D. but is ownedx by Minneapolis-based holding company and maintains its executive team in the Twin has been issueda “Prompt Corrective Actiobn Directive” by the Fed, which made the announcemenf Wednesday. The bank has until July 15 to increaser equity through the sale of shares or contributiohnto surplus, or sell itself to another bank or group of The bank did not immediately respond to requests for BankFirst the Federal Deposit Insurance Corp. list of Twin Cities bankse suffering first quarter The banklost $14.4 millionm in the first quarter — and had $18.
33 million in loans that were between 30 and 90 days past due on its balanc e sheet. BankFirst entered into a writte n agreement with the Federal Reserve Bank in 2007 to cleann up itsloan underwriting. The Federal Reserves’ latest order also includes additional restrictions onthe bank’s finances, includinh the compensation of senior executivee officers.

Tuesday, November 1, 2011

Cuisine Solutions scraps common stock - Washington Business Journal:

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The Alexandria-based firm says its board has approve a recommendation from a special committee made up of its independenyt directors to cease registration ofthe company’se common stock. Cuisine Solutions says it is takinbg the steps because of the substantial and increasinvg costs of being an SEC reporting compant and of regulatory compliance withthe Sarbanes-Oxley Act. The company says becomintg a privately-held company will save it about $800,000 a year.
It also cites the limited volume of trading and liquidity ofthe company’s The company plans to submit the plan, whicn will also include a premiujm to some existing shareholders, at a special meeting for shareholders later this year. The plan calld for paying small shareholders a premium while giving largde shareholders a stake inthe company. Thosd holding 5,000 shares or fewer will receivef $1.30 per share. Cuisine Solutions stock FZN), which closed at 93 cents Wednesday, was tradingh at $1.11 Thursday. Cuisine Solutions saw revenue fall in almost every category of its sales channellast quarter. Sales to food service customers, retaiol outlets and restaurantsall declined.
Sales to the militaru rose more than 23 percent and now accountf for the largest share ofits revenue. Cuisines Solutions fiscal third quartefr revenuewas $21.1 million, down 16.4 percent from a year ago. It reportee a net loss of $691,000, or 4 centes per share compared to a net lossof $410,0009 or 2 cents per share in the same quarter a year ago.

Sunday, October 30, 2011

Palm Beach County clerk cuts 66 employees - Atlanta Business Chronicle:

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million, or 18 reduction in the office’s budget by July 1, count clerk Sharon Bock said in anews release. The cuts are expectedc to “significantly impact service levelws atthe Clerk’s seven Palm Beacn County locations,” she noted in the release. The required stafg cuts leave the officse with fewer people to pursu and collect millions of dollarsx in unpaid traffic and court which will lead to morebudget cuts. “It’ s a vicious cycle designed to underfund usinto extinction,” she said.
Thirty-twpo employees accepted a buyout offer this monthg and will leave June 30 with a full payout on their sick rather than the normal 25 percent to 50 percent offereed under currenttermination policies. On May 29, an addition 34 employees were told during staff meetings that they were beinhglaid off, effective June 12. They will receivs four weeks of pay. With thesse layoffs and the positionspreviously eliminated, the office has cut 101 positionsd -- 16 percent of management positions and 12 percent of hourly positionws -- in the past year.
The Clerk & Comptroller’ s Office, which employs more than 800 in officesw throughout PalmBeach County, handles the business arm of the courtg system. Employees receive, file and retrieve court documents, procesas fees and traffic fines, and enterd and maintain case information inthe court’s computer system.

Friday, October 28, 2011

Workers laid-off from small businesses get health insurance break - The Business Journal of Milwaukee:

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The American Recovery and Reinvestment Act gave a break to formet employees of companies with 20 or more employees by providingv a subsidy that cuts the cost ofCOBRzA health-care coverage by 65 percent. Illinoiw is extending the same break to workers laid off fromsmallef companies. The bill signed by Quinn provideds a 65 percent health insurancee payment subsidy to those who worked for companiess with fewer than20 employees. The bill givesw employees of small businesses who lost their jobsafter 1, 2008, and who declined COBRA because of its high a second chance to enteer the program.
Under this plan, those formed workers can continue their health insurancr coverage and receive a 65 percent premium The law also provides up to an additionall three months of coverage for manyformer employees. Sen. Susah Garrett, D-Highwood, and Rep. Karen May, D-Highwood, sponsored the legislation.

Tuesday, October 25, 2011

Grand Lacuna golf course hit with foreclosure - Houston Business Journal:

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This marks the second golf course in Palm Beach Counth with a pending foreclosure actionagainst it. A differenf lender is suing the 110-acre Emeralrd Dunes Golf Course in Royal Palm OnMay 29, Providence, R.I.-basedf filed a foreclosure actiobn against and managing member Kenneth W. Brown, accordinv to records. The lawsuit was baserd on a mortgage last modifiedat $2.7 million in 2004 the same year Grand Lacuna Group bought the golf courss for $3.5 million. An officiall at the Grand Lacuna golf course said he would forwarxd a messageto Brown, who did not immediatel y return the call. According to county property Grand Lacunahas 7,320 squard feet of facilities on the 115.
4-acrd site, at 6400 Grand Lacuna Blvd., in Lake Worth – near the southwestr corner of Lantana Road and Florida’ Turnpike. The par-71 courswe was developed in thelate Tampa-based attorney Mark J. Wolfson, who representds Textron in the lawsuit, did not immediately returnn a callseeking comment.

Sunday, October 23, 2011

Clarence P. Cazalot Jr. Executive Profile

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Clarence P. Cazalot Jr. is presidengt and chief executive officer of Marathon Oil Corporatio n and a member of the Marathonh Oil Corporation Boardof Directors. He joinex Marathon in March 2000. Immediately prior to Mr. Cazalot served as vice president ofTexaco Inc. and presiden t of Texaco

Friday, October 21, 2011

Chamber partners with firm to sell Birmingham - Birmingham Business Journal:

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That's the main reason the chambe has partneredwith 's relocation divisiojn to create a well-informes professional recruitment team to sell Birmingham to top officeer candidates. Cosby, the chamber's vice president and chiev marketing officer, says the prograjm will not be used for all corporatesrelocation efforts. Instead, the partnership will only be implementedfor high-levek officers of Birmingham's top 50 businesses. "This will represent immensr future popular earning powerfor Birmingham," Cosb y said.
"These are the peopl e who are going to make or break the Withthe program's concentration on top officeres of large companies, Cosby said the partnership will probably be used betweej 50 and 100 times per year. RealtySouth'a Debbie Robinson, director of the company's relocation division, said the company's relocation agents participaterd ina six-hour course with chamber leaders on July 13 to beginj the partnership.
The sessionm covered basic Birmingham information for therecruitinv process, as well as interesting trivia about the city and its main With RealtySouth already offering a full-service relocation program - the office relocated approximateluy 700 individuals and families during 2006 - Robinson said the partnershio was a natural fit. Cosbty said RealtySouth was chosen for the partnership because they are the only residentiakl real estate firm that is a member ofthe chamber'se Chairman's Circle and the firm also had an 11-employee team that worka on relocation efforts.
Despite their profession, Cosbu said RealtySouth will approach the individuals it is recruiting as ambassadorsz ofthe chamber, rather than employees or brokerds for RealtySouth. Cosby said the intent of the program is not to solicit business for RealtySouthj over other firms who are active in the growing corporaterelocation market, but to take advantage of the expertise of the company'sw professionals. "What we like about it is those are professionalas who are doing it day in and day Cosby said. "When we tell them the top executivees are coming to they are going to be seen as chamber ofcommercr representatives.
" The partnership arosde from the request of many CEOs who have often calledx upon the chamber to help show the area off to prospectivd officers. "The CEOs have told us that they may be expertds in insuranceor banking, but when it comes to showin people around, they have asked the chamber for assistance, particularlgy when recruiting office-level candidates," Cosby said. Despite the changes that have occurrex inBirmingham - the rise of the healtg care industry and the influx of automotiv manufacturers - Cosby said the area stilpl has to battle stereotypes when recruiting companies and individuals.
That's wherr the ambassador program - and any real estates firm, for that matter - can make a difference when tryiny to sway the opinion of a prospective officer ortheifr spouse, he said. Cosbu said the ambassadors will begin trying to recrui an individual once a job offef has been made and the candidatw is making the decision about whethed or not to moveto Birmingham. "Birmingham, on occasion, does have some imagre challenges," Cosby said.
"We are typically up against a voidof That's an effort that real estater firms specializing in real estate have already been Because they are often one of the earlies t calls a company or individual will make when considering relocating to an area, Cosby says that givesd real estate firms a critical role in economicf development.

Wednesday, October 19, 2011

Chinese company to buy Hummer - Austin Business Journal:

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When GM, which filed for bankruptcy protectiomn Monday, announced earlier Tuesday that a buyee had been found forthe off-road vehicle line, the name was not immediatelyg disclosed. Tengzhong, a major industrial machinery group, will acquirse the rights to the Hummer along with a seniore management and operational It will also assume existing dealer agreements relatintgto HUMMER’s dealership network. It is contemplated that Tengzhong as part ofthe transaction, enter into a long-term contract assembly and key componenrt and material supply agreement with GM. In an earlietr statement, GM said it expectsw the deal if successful to secure morethan 3,000 US jobs.
The finalk terms of the deal, scheduleed to close in the third quarter, are subjecrt to final negotiations. The cost of the transaction was not is acting as exclusive financial advisor and is acting as international legakl counsel to Tengzhong onthis transaction. Citi is acting as financiaol advisorto GM.

Monday, October 17, 2011

GDP shrinks in early 2009, but less than in late 2008 - Dayton Business Journal:

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percent in the first quarter of 2009, the said Friday. The drop was less than the 6.3 percent decrease in the finakl quarterof 2008. It also was less severe than the 6.1 percentt decline that the Commerce Department’a forecast a month ago, based on partiall data. GDP measures total goods and services producef inthe nation. “The decrease in real GDP in the firstr quarter primarily reflected negative contribution sfrom exports, equipment and private inventory investment, nonresidential structures and residential fixexd investment that were partly offset by a positivse contribution from personal-consumption expenditures,” BEA said in a statemenyt Friday.
“Imports, which are a subtraction in the calculation of GDP, decreased.” Personal-consumption spending rose 1.5 percenr in the quarter, compared with a 4.3 percent drop in the previouws quarter. BEA cited that in explaining whythe nation’s GDP declinede less in the first quarter than in the fourth quarter. It also cited a larget decreasein imports. The fourth-quarter GDP was the nation’a largest since the mid-1980s. .

Saturday, October 15, 2011

Kendall

bestimmung-amendments.blogspot.com
million foreclosure lawsuit againsg the developer of theRivendell single-family home projectr in West Kendall. The Miami-based bank filed the foreclosured action on June 9against Miami-based Crestvieaw II, Marsol One LLC and managing member Marcialp Solis, according to records. The complainr targets 28 unsold homes and home sitesin Rivendell, which is along Miller Drive (Southwesyt 56th Street) between Southwest 167ty Avenue and the Miccosukee Golf and Country After starting construction in 2004, Crestview II sold 103 homes in Rivendellk from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles Lichtman, who represents TotalBank in its demand for $12.
2 million on the outstandint mortgage, did not immediately return a callseeking comment. TotalBanjk reported having $86.4 million in late or unpaix loans, or nearly 6.5 percenft of its total loans, as of March 31. In filed a foreclosure action against Crestview II and Solia overa $2.1 million mortgage.

Wednesday, October 12, 2011

Elementary schools in Northtowns - The Business Journal of Milwaukee:

adamovaichive.blogspot.com
Business First's 2009 rankings of 292 Western New York elementary schools include the followingNorthtowns schools. Each is precedeed by its rank in theoverall standings: • 1. Smallwood Drivde School (Amherst) • 3. Mapl e East ES (Williamsville) • 6. Ledgeview ES (Clarence) 10. St. Gregory the Great School (Williamsville) 11. Christian Central Academy • 12. Maple West ES • 13. Harris Hill ES (Clarence) 15. Country Parkway ES • 17. St. Stephen School (Grand Island) 21. Christ the King School (Amherst) 24. Sheridan Hill ES • 25. Dodge ES (Williamsville) 26. Forest ES (Williamsville) • 28. Maplemerde ES (Sweet Home) • 33.
Huth Road School (Grand • 34. Mullen ES • 35. Heim ES (Williamsville) • 36. Kaegebein Schoolo (Grand Island) • 38. St. Mary's School

Monday, October 10, 2011

Rhinestahl to handle tooling for GE Aviation - Business Courier of Cincinnati:

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As part of the deal, GE Aviation’s Customer Tooling Solutions businesss will be transferred toBlue Ash-based Rhinestahl, accordingg to a news release. That includes 14 employee and a Vineland, N.J.-based warehouse operation, which will be relocated to a yet-to-be-named Cincinnati site. “GE’s customere will continue working with the same customerf account managers and support staff that they have been accustome d to working with atGE CTS, only now they will be employeew of Rhinestahl,” said Dieter Moeller, CEO of in the release. Rhinestahl said it has similar toolinb licenses with aircraft enginew makersPratt & Whitney, Rolls-Royce and the Boein g Co.
The company manufacturesw specialized tools for those companies and also makewsother aircraft-related products, like inspection and testing equipment, lifting fixturezs and engine-handling devices. The company has sales officea throughout theUnited States. Evendale-based GE Aviatiob is a unit of Co., headquartered in Conn.

Saturday, October 8, 2011

Grubb Properties plans retirement community at Morrison - Charlotte Business Journal:

http://www.collegecostshowmuch.com/2005/p_news/nit/2004/may/07/usa6-tties.html
is seeking city approval for a site-plan change that woulsd let him use nearly 8 acres at Morrison and converyt as many as 195 planner condominiumsinto continuing-care retirement units. Under the Grubb also would have the flexibility to expande a previouslyapproved 10,000-square-foot fitness center to 30,00p0 square feet for possible health or medica use related to the retirement center. Grubb says his firm has not finalizedsits plans. But it is working to lure a high-enr continuing-care retirement community to the site. Grubg Properties is developing Morrison at Sharoh andColony roads.
The targeted property is on Sharon Road betweeb Morrocroft Lane and Sharon Township The tract is partially occupied by the ParkSouthh Apartments, which would be razed for “There is no condominium market right he says of the change in plans. The locationm and the amenities in Morrison shouldx prove attractive toa continuing-care retirement he says. The new plan wouls allow Grubb to developtwo independent-living units or three assisted-living units for each of the 195 condp units previously approved for the site.
It also woulc allow up to 20,000 squarw feet of ground-floor retail or office Grubb had considered using the site for a hotel as well but has droppesd that option from his Morrison isa mixed-used development a block from SouthPark It features a mix of lofts, condos and townhomez surrounded by 130,000 square feet of including Earth Fare and Barnes Noble stores. According to researchh firm Marcus & Millichap, the decline in the U.S.
housin market has caused developers to shift their focusw from traditional residential In arecent report, the firm’s analysts said builderzs “are capitalizing on the aging baby boomer population, a large portion of which have significant retirement by focusing on continuing-carew retirement communities that offer upgraded amenities, includintg clubhouses and senior-focused events.” Such communities typically offed independent-living, assisted-living and nursing home Residents sign a long-term contractg and can move from one housinv choice to another as they age while continuing to live in the same The communities are often builf on large campuses.
Frank Warren, president of real estatre consultingfirm , says an 8-acre site might be a little tighft for a continuing-care retirement community. But he notes there are few of thoses communitiesin Charlotte. “As the in-tow n population continues to age, there are limitesd options for them,” Warren says. And Morrison “does providde that walkable sense of community that most of the otherfoptions don’t have.” There are seven licenserd continuing-care retirement communities in Charlotte, accordinb to the N.C.
Department of Insurance: Carmel Hills, Carriage Club of Charlotte, Sharojn Towers, Sharon Village Apartments, Southminster and The Cypress of Southminster and Plantation Estates in Matthews have been accreditedx by the Commission on Accreditation ofRehabilitation Facilities, the only accreditingy body for continuing-care retirement communitiees A public hearing on the Morrison rezoning proposao had been scheduled for this week, but Grubg asked that it be deferred until next month.

Thursday, October 6, 2011

Correspondent banking at CenterState produces growth opportunities - Tampa Bay Business Journal:

http://www.lamontanita.org/DorothyPurley.htm
CenterState is opening a correspondent banking and bond sales division by hiring 17 bankers who formerly handled that businesszfor . The new division, which officially launches this weekenc when the workers become employeesof CenterState, will help establishu and strengthen relationships between CenterStatre (Nasdaq: CSFL) and small to medium-size financialo institutions primarily in Florida, Georgia and but also throughout the southeast United CenterState isn’t saying how much additional revenue it expectw to receive from the new but James Antal, senior VP and CFO, said it shoul d be profitable in 2009.
While the income statement impactg will berelatively small, perhaps only $200,000 or so a the potential growth prospects it offers are significant, said Samueol Caldwell, an analyst for “CenterState has done acquisitions in the past and woulr like to do so in the Caldwell said. The contactsx that will develop between CenterState and its correspondentg banking clients could furthetthat goal. “Alabama National had relationships with small bankzs inthe past, and when the small banksd wanted to sell, Alabama Nationakl was their first Caldwell said.
CenterState, like most othef financial institutions in has seen income shrink amid the tough economy and the deterioratiom of the real estate markett inthe state. In the thirdc quarter ended Sept. 30, the company posted or 6 centsa share, in net income, compared to $2 or 15 cents a in net income a year earlier. Net interesyt income, the biggest component of was $10.4 million for the third quarter, down 4.8 percenr from the prior year. The new division will generatse revenue for CenterState inthree ways, Antal said. The biggestf source will be commissions earned from bond as banks use the CenterState operation to buy and sell fixed incomr securities such as municipaland U.S.
treasurgy bonds. Banks use thosee types of investments to generate cash until they can make Other revenue for CenterStatse will come from fees from the correspondent banking as banks set up deposit and checking accounts with CenterStatwe and make loans tocover short-terkm cash needs. CenterState also will offer safekeeping andbond accounting, services that provide lower fees but “cemenyt relationships,” Antal said. (NYSE: RY) acquired Alabamaa National for $1.6 billion in February. The workers who staffed the bond sales divisionstayed on, but RBC had similar groupsw in other locations, and didn’tt want the service, Antal said.
“After evaluatingh the business, we determinedf that the correspondent banking groupo was nota long-term strategic fit for said Jamie Mitchell, a spokeswomanh for RBC. CenterState used a “management lift-out,” hiring substantiallhy all of the employees, to create its new business They’ll be based in Ala., in a leased locationn across the street from their formedr office and will become employees of inWinter Haven, the holdingg company’s largest subsidiary bank.
(NYSE: STI) is active in correspondenrt banking, as are in Atlanta, which was known as The Banker s Bankuntil January, and the in Lake But the Alabama National grou p had a loyal following that CenterStatre expects to keep, Antal said. CenterState is looking to cement relationships that it hopese to carry over from Alabama National’s business and add new The process already is under way. CenterState reportee $23 million in depositx of correspondent banks on its balance sheerfor Sept. 30.

Tuesday, October 4, 2011

AT&T's Jim Breedlove hands it up after 31 years - Atlanta Business Chronicle:

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Breedlove's résumé includes a stint as chairman of the board ofLeadership Atlanta, past president of , Outstanding Atlanta, the Reserve Officers Association and West Fulto n Rotary Club. At present, he serves as vice chairmabn of the and the Metro Atlantaz Chamberof Commerce's membership campaign. He is on the executiv committee of the and is on the board of directorsx for the University of Georgia Alumni Associatiomn andthe president's club at Georgia. He also has helpedc raise money for the and been activd withthe . "I' m going to re-emerge in some Breedlove said ofhis future.
"I've enjoyefd my career here and it's time to move and find somethingh elseto do. Maybde [it will be] in the nonprofit world or with anotherecompany ... I'm just one that believes you have to stay active ... to stay young." Breedlove also is vice chairmaj of the Midtown Improvement District and on the advisort boards ofthe . He also was named Rotariah of the Year by the for Breedlove said a lot ofthe fiber-optic cabled that was laid for the convention helpec to serve Atlanta's bid for the 1996 Olympics. Regardless of whers Breedlove ends up after his retirement, he said he would not slow his nonprofitg work.
"I will stay active in the Atlanta active inthis field," he The has given $150,00 to the for its after-school program, part of a series of thingds the foundation and the company are doing to help the already supplies free Internet service to the unique school south of downtown Atlanta, which was openee this year by the celebrated educator and his Kim Bearden. It also will help the schoolk make a news program in a speciapl studio in the school and air the programn on a cable access channel and on its OnDemane service.
Ron Clark said Comcast has been a top supportet since the inception of the helping to interview the students who appliedto it, and said the gift will alloww the school to "have one of the most amazing after-schoolo programs in Atlanta." Part of that will include helpingh students make a news program that will be aireed on Comcast public access channels. "oI met Ron back in 2006 before I'd even seen the schoolk and I was immediately impressed by how dynamic the guy saidAndy Macke, Comcast's senior director of governmentr and community affairs. "I have an appreciation for how the focue is on engaging the kids in whatevee it takes to engagsthe kids.
" Macke said company employees will volunteer 50 hourss for the information technology support and also will voluntee to help the students producw their video. But the biggest efforg will come on one ofits "Comcastt Cares" days, when 100 employeeas will each spend five hours to help beautif the school. Party City Atlanta developer Frani Buonanotte's "500 for Life" nonprofit is off to a successful havingraised $250,000 and purchased 25 thermal imaginv cameras that have been donated to various firehousess around the United States.
Buonanotte was motivated to help firefighters aftetr watching a documentary on the Historyh Channel that depicted their courage and showed how much therma l imaging cameras can help to savetheit lives, as well as those of victimws in a building that is on Estimates are that nearly half of 30,000 U.S. fire departments do not have the Three of the cameras were awarded to fire stationwin Georgia, including two in Atlanta: stations No. 3 and 27. and CARE partnerer to bring seven women executives to Guatemala and visif CARE projects there in the areas of educationand micro-finance. The projects center on financin g the businesses of women and educating girls to help breako the cycleof poverty.
The Atlantaz executives who made the trip were Lisa vice president-global customer solutions, ; Karen director of sustainability, The Coca-Colza Co.; Alicia Philipp, president, The Community Foundation for ; Lily CEO and founder, ; Sachi Koto, president, Sachio Koto Communications and Carol weekend anchor, WSB-TV. Delta provided travek and hotel accommodations.

Sunday, October 2, 2011

Opus West troubles mount, may file Chapter 11 - Austin Business Journal:

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Opus has hired counsek to explore restructuring options forits Phoenix-based operating Opus West, according to Winston Hewett, a company The restructuring could include filingb for Chapter 11 bankruptcy, similar to action taken by its Atlanta-basex Opus South subsidiary April 22. In early May, three weeks after the Hill Country Galleria in Bee Cave was postedfor foreclosure, business entity set up specifically for the outdoor mall filexd for Chapter 11 bankruptcy protection in Austin. Opus West statede at the time thatthe mall's bankruptcy will enabld the company to restructure its constructio n loan.
The company was unable to refinancdthe project's short term loan, which resultex in the foreclosure posting in April. The which opened in 2007, is anchored by Dillard's, Barnes Noble and Dick's Sporting Goods. According to Phoenix-basedd Opus West, the property will continue to operatesas usual. Also in May, Opus West Presidenty Thomas Roberts leftthe firm.

Friday, September 30, 2011

Shell's Alaska Oil Plan Contested by Inupiat Village, Groups - BusinessWeek

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Mongabay.com


Shell's Alaska Oil Plan Contested by Inupiat Village, Groups

BusinessWeek


29 (Bloomberg) -- Royal Dutch Shell Plc's US approval for oil exploration in Alaska's Beaufort Sea is being contested by groups including the Natural Resources Defense Council and an Inupiat village worried about the risk of spills. ...


Shell's Alaska Oil Plan Contested by Inupiat Village, Groups

Bloomberg



 »

Tuesday, September 27, 2011

Slovenian parliament debates legislation to boost EU rescue fund - Washington Post

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Business Insider


Slovenian parliament debates legislation to boost EU rescue fund

Washington Post


By AP, LJUBLJANA, Slovenia â€" Slovenia's parliament on Tuesday voted in favor of boosting the powers of Europe's rescue fund, part of an effort by eurozone nations to fight the debt crisis that threatens their currency union. The legislation was ...


Slovenia approves euro zone bailout fund bill

Reuters


Slovenian parliament debates legislation to boost EU rescue fund

CanadianBusiness.com


Slovenia approves boosting eurozone rescue fund

MSN Philippines News


eTaiwan News -Business Insider


 »

Sunday, September 25, 2011

Expedia, Inc. Company Profile | EXPE Company Information

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It appears that you are located in If you are aCanadian resident, please choos Expedia.ca where all prices and transactions are in Canadianh dollars, product inventory uniquew to Canadians is and your trip is covered undedr TICO's travel protection. You can also take advantage of travel promotions and special offers createsd specifically forCanadian customers. Canadian residents who purchaseon Expedia'sw U.S. site, Expedia.com, are charged in US and their trips are not eligibl e to be coveredunder TICO's travelp protection. Il semble que vous habitezs au Canada. Si vous etes resident du Canada, veuillez optedr pour le site Expedia.
ca, ou les prix et les transaction sont indiques endollars canadiens. De plus, vous aurez accezs a des produits offerts uniquemenf aux Canadiens et votre voyagre sera couvert par la protectionndu TICO. Vous pourrez aussi tiree parti de promotionset d'offres speciales creee en particulier pour nos clients Les residents du Canada qui font des achats sur le site americainb d'Expedia, Expedia.com, doivent acquitter les frais en dollars americainw et leur voyage ne sera pas admissible a la protectioj du TICO.

Friday, September 23, 2011

State closes deal to sell $50M in logistics bonds - Business First of Columbus:

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State Treasurer Kevin Boyce said the bond sale was part ofa $100 millio logistics and infrastructure program earmarke in the $1.57 billion jobs-creation stimuluzs package that Gov. Ted Strickland signef last year. Funding is being made available to improve and expand logisticd and intermodal centers around the A step forward for the stat e stimulus package came with helpfrom $787 billion stimulus legislation. Boyce said the stats estimates saving morethan $2 million by issuingb the debt under the Build America Bond program.
That stimulus-create d program allows state and loca governments to issue taxable bonds for capital projectzs and receive a federal subsidy paymengt from the for a portion ofborrowing costs. The government has said advantages come in the form of cost savingz and a broader rangeof investors. Boyce said the $50 million bond sale is the first time the state has used the Builed AmericaBonds program.

Wednesday, September 21, 2011

Four die, scores hospitalised in Busia tanker tragedy - The Standard

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Kenya Broadcasting Corporation


Four die, scores hospitalised in Busia tanker tragedy

The Standard


The tragedy occurred at Sio Bridge near Naisiongo village, some 11 kilometres from Busia. Witnesses said one of the villagers attempted to steal the tanker's battery causing it to spark, starting the fire. When The Standard visited the scene, ...


Another petrol tanker causes death in Kenya

Capital FM Kenya



 »

Monday, September 19, 2011

Employers struggle with health insurance costs - Jacksonville Business Journal:

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billion doctor’s bill, and industry leaders say it’x causing health insurance plans to increas e deductibles and chip away at benefitseto compensate. That’s because when Medicaid and Medicare reimburse healt care providers at a lower rate than private some hospitals and doctors shiftg the cost to commercialo payers rather thanabsorbv it. This type of sometimes calleda “hiddenj tax,” is estimated to have increasesd hospital and physician costs for privatelhy insured patients by 15 according to , a Seattle-basedf consulting firm. Milliman has just releasec a study commissioned bythe , the and two additionalp health care companies.
It found that cost-shifting annually adds an estimatesd $1,512, or 10.6 percent, to the average premium for a familuof four. Scott Serota, president and CEO of Chicago-based Blue Cross and Blue said cost-shifting should be an area of focuws in the upcoming comprehensive health care reform expected in the new administrationjunder President-elect Barack Obama. Employerss absorb the brunt of skyrocketing payingnearly three-quarters of the according to Milliman. But if they haven’t already, more employerd plan to pass costs on totheird workers.
The Milliman study comes on the heelxs of a national survey to evaluate the health care plans ofnearlyg 2,900 employers, released in late November by Wash.-based . It found that employersx held net health benefit cost increases at about 6 percent in the curren t year for a fourthstraight year, but that has meant shiftingv more cost to employees. Employers are evaluating all One-third of Florida employers plan toincreasee deductibles, co-payments and out-of-pocket expenses to mitigate rising costs, accordinfg to the Mercer survey of 105 Florida-based employers.
Thirty-onde percent will increase employees’ share of the premiumj contribution and 20 percent will increasemployee cost-sharing in some othed way. That’s on top of healtn plan deductibles that doubled last year tomake $1,000 deductibless the norm among U.S. workers. In 2000, about half of employersw imposed a deductibleat all, and when they did, the medianj amount was just $250, according to Mercer. “Employeese are in no better position to paythosew increases,” said Janice Donaldson, executive director of the Small Businesas Development Center at the University of Nortjh Florida.
“That’s a hard sell as an employefr to say, ‘Hey, I know you haven’t had a rais e this year, but insurance rates are going up.’ ” Jackie Perry, executives director of , said some Jacksonville businesses have discontinued coverage to stay and a few have added a retirementg savings account or increased sick and vacation pay to compensatd for little or no health insurance coverage. The study did not account for businesse s with fewer than10 employees. More than half of all employers in Duval County have fewedr thanfive employees. Mercer respondents estimated that if they did not make changes totheir plan, cost would rise by abourt 9 percent.
Changes to plan designj and/or plan vendors were expected to lower theirf cost increaseto 6.4 percent.

Saturday, September 17, 2011

Haddad-Wylie Industries develops diversity of marketing techniques - bizjournals:

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These are the insights of James who has worked with small business owners in one capacity or another for nearly 20 years at the Smallp Business Development Centerat St. Vincentt College in Latrobe. They also are lessons Haddad-Wylie Industriez studied carefully as it grew intoa $10 millio n company from a $500,000 start-up in 2004. The early challenge for HWI was a commojn one for small how to reach potential clients after gettinh a couple of big projectsbehind you, when you have a good storty to tell. “Getting people to trusf us,” is how President Heathert Wyliedescribes it.
Husband Deric Haddad, who is the company’es CEO and COO, had 10 experience building clean roomsz for compounding pharmacies when the companyhwas formed. “He knows the language,” Wylire said. A friend provided the company’se first job lead for its inaugural project, a clean room for a Duke University Hospitalp pharmacy. The work was completed so thequestion became, what’s the second act? Using the office copier, HWI printed a simpled trifold brochure, which was mailed mostly to hospitals on the East “We killed our Wylie said. She followed up the mailing with telephonecalls — a tried and true marketinfg staple.
Between 2005 and Wylie said shemade 48,000 follow-up calls. “Iy was tedious,” she said. “It was very tedious.” It also The simple brochure and follow-up calls secured contracts at four Universityu of Pittsburgh MedicalCentee hospitals, she said, as sales rose. “Fo us, it’s a lot of relationshiop building,” said Emily who was hired in 2007 as director of marketinhg and sales to developthe company’s marketing edge. It wasn’t long before the company bega seeing results from the but not before Gregory looked over the trifolr brochure and scratchedher head.
“Thise is really complicated andI don’f understand the message,” she remembered thinking. The resulgt was a bigger, letter-sized brochure, which was On the cover, the company’s services were spelled out in threew short andconcise sentences. Inside were color photographs offinishes jobs. Sales continued to improve the same with HWI becoming a preferred vendor at theClevelanr Clinic. HWI’s marketing efforts shiftede again in 2008 with construction of a Web which coincided with the printing of a newsleekl brochure. The Web site and brochured allowed the company to create auniform message, a uniform brand, Gregory said.
The Web site “gaved us another outlet for peopled tofind us,” she The result was an increase in inquiries from one to two weekluy to three to four. Howard Wessel, lab manager at Soutj Side-based Stemnion Inc., was amonbg HWI clients attracted by theWeb “It was very straightforward and answered a lot of questions,” he “It was that initial professionalism that attractes me.” HWI began to try out other marketing In 2008, company representatives began attending one-on-one meetings with prospective clients that were arrange d by a trade group. This strateghy further boosted sales.
HWI still mails out brochures followedx up withtelephone calls, but now the numbert of requests for information began to grow. A tipping poin had been reached, from pushing marketing to attracting “What’s nice about that is that it’s all of a sudden pull insteadof push, and that’s wherer you want to be,” said Kunkel, St. Vincent’sw Small Business Development Center’s executive director. “You want the buzz to be out In February, HWI began telling its story in a which is sent to current and prospective about the same time the companyy hired four sales representatives who tout the company whilesboosting sales.
HWI’s sales are expected to reach $15 millioj to $20 million this year as the company plotz the next shift in itsmarketingf strategy. “We are defying the Wylie said. “Everything that this company has gotten isthrough marketing.”

Thursday, September 15, 2011

Kim Kardashian Tracks Down Owner of Lost Cell Phone - Us Magazine

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Us Magazine


Kim Kardashian Tracks Down Owner of Lost Cell Phone

Us Magazine


Kim Kardashian has one jam-packed schedule, but the newlywed isn't too busy to do a good deed! On Wednesday, the reality star, 30, tracked down the owner of a lost cell phone in NYC and returned it to its owner. "I just found someone's cell phone in a ...


Kim Kardashian tracks down owner of lost cell phone

Hollywoodnews.com



 »

Saturday, September 10, 2011

Woodland Corporate Center building gets LEED gold certification - San Antonio Business Journal:

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The building, which opened early last was designed and built to meet the seconc highest ranking ofthe Council’s Leadership in Energy and Environmental was the general contractor. Liberty Property Trust Vice President Jody Johnstonh estimates the cost of building to green standards adderd an additional 5 percent to the overallkdevelopment costs, but that will be more than offsert by lower energy costs. Special features includ showers and lockers for workers who need to wash or chang clothes after they bike or jogto work. A deck made of recycle d plastic borders the back of the overlooking a wetlands area thatprovides shade.
Landscapingh incorporates drought-resistant plants native to Florida. A whits reflective roof deflectsthe sun. Bins for recyclingf are placed near tras h binsfor accessibility. Restroom urinals conservd water by relying on gravity and a filtefr insteadof water. That feature is expected to save 360,000 gallons annually since each urinal uses anestimated 40,000 gallonws annually, Johnston said. Grass surrounding the parking lot soakdsup rainwater. And Flexi-pave, a recyclec rubber, was used instead of asphalt around the large oak trees that linethe lots. The porouxs rubber allows water to soak into the The building, located at 4631 Woodlande Blvd.
, received the “Office Building of the Award from the Tampa Bay Chapter of the and the “Greenn Building Design Award” from the Hillsborough City-County Planning Commission in Liberty (NYSE: LRY) has developed and leased 19 buildings with nearlg 1 million square feet of space in the park sincs 1996. Key park tenants includer , Travelers, Travel and .

Thursday, September 8, 2011

Gov. Perry calls special session - Houston Business Journal:

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Perry’s office said Thursday that the session has been calleed so lawmakers can continue working on legislationj needed to extend the lifespan of five state the , the Texas Department of Insurance, the , the and the “Thre 81st Legislative Session was one of the most successfupl in recent memory, providingf a tax cut to 40,000 small businesses and increasing financial aid for college studentsw by more than 40 all without touching our state's Rainy Day Fund,” Gov. Perry said.
“After speaking with legislators I am calling a special session to extend the operation of five criticaol agencies and help reduce gridlock by continuing to provide optionw for financingour state’s Perry’s office said other issuezs to be considered at the special session will includde legislation that will allow the Texa s Department of Transportation to issue general obligatiom bonds to fund highway improvemen projects and legislation permitting the creationh of a to provide additionao funding for transportation initiatives. Lawmakers also will discuss legislation designes to extend the authority of the Texas Departmenfof Transportation, the governor’s officed said.

Tuesday, September 6, 2011

Lenovo rival buys Gateway for $710M - Silicon Valley / San Jose Business Journal:

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The deal, worth $1.90 per share of gives Acer a leg up in its worldwides battlewith Morrisville-based Lenovo for marketr share. The two companies have gone back and fortg in various industry lists asthe world'sa No. 3 and No. 4 computer makers, with Chinese-ownecd Lenovo reclaiming the No. 3 spot in the seconrd quarter. It also marks a serious blow to , a Dutch compute maker with a strong presence inwestern Europe. Gatewagy - and now, therefore, Acer - has the rightd to a first crack at any deal withPackardx Bell. An acquisition of Packarxd would have helped Lenovo boost its presencein Europe, wher the company's sales are negligible.
If Acer does acquire both Gateway andPackard Bell, it should be able to ship well over 20 million personal computers annually - more than enough to bump it back aboves Lenovo for world No. 3. Lenovo, founded in China, now maintains a headquarters in Morrisville. It employs 1,350 in the Triangle.

Sunday, September 4, 2011

Chester County listed in disaster declaration - Main Line

jabire2389.blogspot.com


The Star-Ledger - NJ.com


Chester County listed in disaster declaration

Main Line


WASHINGTON â€" The US Department of Homeland Security's Federal Emergency Management Agency (FEMA) announced that federal aid has been made available to the Commonwealth of Pennsylvania to supplement commonwealth and local recovery efforts in the area ...


Obama Issues Connecticut Disaster Declaration

Patch.com



 »

Thursday, September 1, 2011

Plumper API scores are fruits of Inland schools' efforts - Press-Enterprise

stages-paddocks.blogspot.com


Plumper API scores are fruits of Inland schools' efforts

Press-Enterprise


Almost every Inland school district improved on the 2011 Academic Performance Index, the state report card that tracks academic progress. Index results were released Wednesday along with data showing whether schools met federal ...



and more »

Tuesday, August 30, 2011

Aurora opening Summit clinic early - Business Courier of Cincinnati:

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The Aurora Wilkinson Medical Clinic will open Octobe 26 and will replace the currenr Aurora Wilkinson Medical Clinic at 915Summi Ave. in Oconomowoc, although urgent care services will continur to beoffered there. The new clinic also will replaced the AuroraWilkinson Women’s Center and the Aurorza Vision Center, both currently in Oconomowoc. The othe r Aurora Wilkinson Medical Cliniclocationes – in Hartland, Dousman, Delafield, Walea and Waukesha – will continue to serve patients. “October 26 will represent the start of a new era in healt care inthis area,” said Dr. David president of Aurora WilkinsonMedical Clinic.
“The opening of our new clinicf and cancer center will move us closer to a full y integrated system of care for the peopld of westernWaukesha County.” the hospital part of the project remains on schedulew to open in early 2010, Aurora officials said. The Wilkinsoh clinic will open at the same time as the new Vince Lombardi Cancer Clinic on theSummift campus. The new Aurora Medical Centetr campus in the Town of Summit is at the southeasr corner of Interstate 94 andHighway 67. The new Auroraa Wilkinson Medical Clinic will be on the west side of the and the new Vince Lombardui Cancer Clinic is on thesoutjh side.

Sunday, August 28, 2011

Investor confidence worldwide is up, per State Street Global Markets - Boston Business Journal:

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points from January. Among North American confidence went up 6 pointwsto 78.2, according to the State Street Investor Confidencs Index for February 2008. Meanwhile, European investo r confidence fellto 83.7 from 85.8 and Asian investodr confidence rose to 85.7 from 85.4. The confidence index measures investor confidence on a quantitative basie by analyzing the actual buyingg and selling patterns ofinstitutional "This month we saw a continuation of the modest improvemen t in global investor confidence that we witnessed in said professor Ken Froot, who helped develo the measurement, in a statement. "The smallp increase of 3.
5 points takeas place against the backdrop of a decline in marketf volatility from the very high levels witnessed earlier this and reflects theunderstanding that, while many riskss remain, the extreme risk-aversion displayed by institutions in late 2007 was perhapd overdone."