Alcatel-Lucent, Cisco help clients navigate grant process - Dallas Business Journal:

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Take , the French maker of telecommunications equipmengt that employsabout 2,000 people in Plano. The companyt this week unveiled a programcalled “Broadband for which provides advisory services to help telecom carriers, cities and others apply for funds from more than $7 billio n aimed at providing high-speed Internet services in rural areas of the Alcatel-Lucent helps clients apply for government including preparing applications for grants and following up on The business is holdinv regional in-person seminars and online “Webinars” about the fundiny process and promises to act as an advocatd for clients before the two agencie s that are administering the broadband money, the U.
S. Commercee Department’s National Telecommunications and Information Administration andthe U.S. Departmenty of Agriculture’s Rural Utilities Service. Alcatel-Lucent makeas equipment for sending lots of data very quickly over both wireliner andwireless networks. “We are a broadband says Rich Wonders, vice president of strategic marketinbg forthe company’s Americas region. “Axs a result of when our customers are looking at expanding or buildingnew that’s a place where we need to Also aboard the stimulus bandwago is California-based , which employs more than 1,00p0 people in Richardson.
“Given the complexity and sheere size ofthe package, we are carefully reviewing the detaila to determine the specific areas wherre we can help our customersz contribute to the succesd of a program or initiative,” says Jennifer a Cisco spokeswoman, in an There are opportunities and challenges to be had for companiees that want to help guide othere through the stimulus according to Peter McKee, a partner in the corporatee securities section of Andrews Kurth in Dallas.
“Thiss is an extraordinary time, in the sensew that external events are changingso rapidly,” says who co-chairs Andrews Kurth’s Economic Recoverg and Government Opportunities Task “Calibrating strategy may be necessary on a day-to-day basis.”

Critics say sales tax increase might not bring in $1B - Business First of Columbus:

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It has yet to be discloserd when voters might be asked toadd 1-pointf to the state’s 5.6 percent sales tax for three But that vote could occur later this year or in 2010. Brewer and backers of the sales tax increase (including in the Valley’s business say the increase will bring in $1 billion annually and help closew budget deficits and help avoid draconianb cuts to schools, public health care and But skeptics of the sales tax boost questions whether it would brinb in that much considering sales tax collections at the statwe and local levels have been hit by the housing market crash and pull back in consumer and business spending.
Tom state director for the anti-tax , said the proceeds from the salesa tax increase could be morelike $750 million Moderate business groups such as Greater Phoenix Westmarc and the East Valley Partnership back the sale s tax increase.

Highwoods lines up $162M in loans - The Business Journal of Milwaukee:

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Both loans should close withijn60 days. Highwoods (NYSE: HIW) says it will use the moneg to repay debt and for generalcorporate purposes. “We are very pleased with theseloan commitments, whicjh will further fortify our already healthy balance sheet, enhance our liquidityy and position Highwoods to take advantags of future growth opportunities,” Ed Fritsch, presidenyt and chief executive officer, said in a written According to Highwoods, the two loansa are: * A $115.0 6.5-year secured loan provided by at a fixed rate of 6.875 It is secured by a pool of 10 assets in Nashville, Raleighj and Tampa. * A $47.3 7-year secured loan arranged by at a fixedd rateof 7.
5 It is secured by the office portiom of RBC Plaza in Raleigh. Highwoodd also announced that it has paid off a secured loanof $107 which carried a rate of 7.8 percen and was originally scheduled to mature in Novemberd 2009. There were no prepayment penalties.

Kuala Lumpur to summon Jakarta envoy over attacks - Jakarta Post

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Jakarta Globe

Kuala Lumpur to summon Jakarta envoy over attacks Jakarta Post Malaysia's ministry of foreign affairs will summon the Indonesian embassy's charge d'affaires to express the government's serious concern over ... Kuala Lumpur Summons Jakarta Envoy Over Attacks Jakarta Glo be Subramaniam: Ministry to meet with maid agencies The Sun Daily Malaysia Haze Points to a Regional Problem New York Times Malaysia Star -The Malaysian Insider -Bernama  »

Oshkosh gets $1 billion order from U.S. Army - The Business Journal of Milwaukee:

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Army. Under the initial delivery order fromthe U.S. Army Tank-automotived and Armaments Command Life CycleManagement Command, Oshkosh-based Oshkosh OSK) will provide 2,244 mine-resistantr all-terrain vehicles (M-ATV) after months of government testing on multiple production-readh vehicles, the U.S. Department of Defense said Oshkosh performed morethan 7,500 miles of independent off-roae testing to identify possiblre enhancements to the vehicle so it would meet or surpas the performance requirements in the rugged terrainn in Afghanistan.
Oshkosh said initial deliveries on the ordee are expected to be madein “Much has already been done to ensure we can meet the government’s delivery schedule," said Andy executive vice president and Defense, said. "In recognition of the urgenyt need, we began daily production of Oshkosh M-ATVe on our flexible manufacturing line a fewweekd ago. We and our suppliers have alreadyh made significant investments in materials and are well positionefd to accelerate ourmanufacturing capabilities.
"

The Business Journal of Milwaukee: Milwaukee Commercial Real Estate Listings - View Commercial Real Estate

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Moody's cuts ratings of 15 banks, Morgan Stanley down 2 notches - Reuters

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Toronto Star

Moody's cuts ratings of 15 banks, Morgan Stanley down 2 notches Reuters UPDATE 4-Canada toughens borrowing rules to cool housing market ... UPDATE 4-Moody's cuts ratings of 15 banks, Morgan Stanley down 2 notches ... Moody's Downgrades Major Global Financial Instititions W »

Fitch downgrades state bonds despite

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The New York-based agency this week said it lowerexthe AA+ rating attached to the bonds by a peg to AA, citiny “the long-term deterioration of the state’es economy” and concern that Ohio didn’t bounc back as strongly as other states following the 2000-011 recession. Fitch also noted that the 100,000 manufacturing jobs lost in Ohio over the past year and recenty plans by to close some operatione in the state are ofparticuladr concern. The rating downgrade comes as a conference committeew composed of Ohio House of Representatives and Senatre members is poised to finalizethe state’s budget for the two yearsd beginning July 1.
Legislators are expected to receive update d tax revenueprojections Thursday, whicnh could lead to spending cuts beyond the $1 billion the Republican-controlled Senate made to a budget passed by the Democrat-controlledf House. Fitch characterized Ohio’s financial management as adding that its rating takes into expectationsx that the state budget willbe balanced. Despite downgrading the the agency revised its overall ratings outlook for the stateeto “stable” from • Fitch issued a AA ratin to $40 million in coal development general obligation bondx set to sell next week.
That’s the third-highest investment grade possible onits • The agency also downgraded to AA- from AA ratingxs on appropriation-backed bonds.

Austin council OKs pilot car share program - San Francisco Business Times:

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The 12-month pilot program calls for a lease agreement for Smarf carswith , an arm of . The deal will mark car2go’sw entry into the burgeoning U.S. car-share During the pilot period, the city will offer publix parking spaces and spaces in city parkingv lots for the car share vehicles in exchange for an equivalent amounf of car2go driving timefor work-related use by city The city will use the pilot to determine whether long-term possibilities exist to postpone or supplement its own vehicle fleety purchases. Daimler also has the opportunitgy to partner with other public and privater entities as part of thepilot program.
City Managerf Marc Ott said the program has the potentiaol toreduce congestion, lower emissions and provided an innovative transit solutiobn alternative for Austin. During the pilor program, city staff will review options to create a regulatoryg structure that would encourage car sharingin Austin, whicy would ultimately be presented to the city counciol for approval. The car2go concept was originallt launched on a limited basisin Ulm, Germanyt last October. The Austin announcementt coincides with the expansion of the originaol Ulm pilot program to beginh offering service to thegeneral public.

Brig. Gen. Lori Reynolds to Get Special Honor - WLTX.com

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WLTX.com

Brig. Gen. Lori Reynolds to Get Special Honor WLTX.com Brig. Gen. Lori Reynolds played basketball at the U.S. Naval Academy during the early 1980s (LANCE CPL. ANESHEA YEE / MARINE CORPS) Brig. Gen. and more »

UNC Charlotte

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At 200,000 square feet, the $65 million studentr union will represent the culmination of a long journeyg begunby Dubois’ predecessor when it opens this summer. The walk itselfd was something of a study inthe school’s development many of the new buildings resultintg from earlier master plans. Now Duboisx is nearing the completion of a planning proceses of his own The new master plan is the result of 18 monthsxof work, $1.5 million in consultingv fees and related costs, and inputy from administrators, students and trustees.
It is intended to be a guidre for steeringthe campus’ growth over the next 10 to 15 The plan was expected to be complete this month but is now scheduledx for delivery to the UNCC boardf of trustees in That will be followed by a detailed review and discussioj before formal approval by year end.

FTC: No answer to high Buffalo gas prices - Denver Business Journal:

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The probe was called for by Rep. Briam Higgins, D-Buffalo, and Sen. Charles Schumer after retail gas pricea at area stations last fall rankesd among the highest inthe nation. At the same time, pricesw in most other U.S. metropolitan areas were declining faster along with the pricewof oil. In a letter sent May 13 by FTC Chairman Jon Leibowitzto Higgins, the agency said aftedr a careful and extensive investigation, regulator s could not find any evidencr of illegal activity in gasoline markets in any of the affectes cities. The agency monitorexd prices in Buffalo, Jamestown, Rochester and Burlington, Vt.
“Toi the contrary, staff found evidence suggesting that it is unlikelt that illegal conduct caused thosepricwe levels, although staff was unable to identifty precise reasons why retail gas prices in Western New York did not fall as quickly as pricezs in other Northeast Leibowitz wrote. What the agency did note was that afte r Higgins releasedan (OPIS) report on Dec. 4, 2008 citinh Jamestown and the Buffalo-Niagara regions amon the top 5most “profitable” for gasoline the prices for unleaded gas decreases from an average of $2.25 to $1.85t by the end of 2009. In mid-November of last year, the averag e price of a gallon of unleaded gas in the Buffalko areawas $2.
66 compared to the statewide averagd of $2.53 and the national averag of $2.15. New York statse has the third-highest taxesd on fuel in the U.S., according to the varioux sources, trailing only California and The investigation said it analyzed prices overa 10-year periofd for Buffalo, Rochester, Jamestown and using Albany as a baseline. The FTC did note that pricee in the four cities were significantly highetr than thosein Albany. From there, FTC staffers lookedx at potential supply disruptions but again could not find any market conditions to explaib theprice differences.
Additionally, the attorney generals from both New York statre and Vermont checked on potential illegal behavior by gasoline operators but did not find any Investigators also looked to see if there was the possibility of collusion but saidthat “iy would have been very difficulyt to establish and maintain effective collusivd agreement to raise retail prices in Buffalo throughout the fall of last year.” Higgins intend to raise public awareness to the issue and has co-sponsored a bill pushing for passage of price-gouging legislation as well as federall law to stop speculatiomn in the oil market that may trigger higher gasoliner costs.
“While we mightr not have proof of illegal activity or a cleard definition of why our prices wereso high, what is clear is retailers were acting in bad fait h through some type of implicit collusiohn and retailers and consumers shoulc know that we were watching then and are watching now and will continue to work to make sure this doesn’t happen again,” said Higgins in response to the investigation. As of the AAA daily fuel gauge reporrt said the average cost per gallon of unleadedd fuel in the Buffallo areawas $2.40, up from $2.17 a month ago. Those current however, were the same as Albany and 3 centws belowstatewide average.

2009 WNY middle school rankings - Business First of Buffalo:

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Profiles of the top 25 schoola can be reached by clicking on the namese of thoseschools below. A breakdown of the rankingxs for each section of Western New York can be accesseeby . The following abbreviationx havebeen used: CS-Charter EMS-Elementary-Middle School, ES-Elementary School, HS-High School, IS-Intermediater School, JHS-Junior High School, JSHS-Junior-Seniorf High School, MHS-Middle-High School, MS-Middle School, PS-Primaryh School, SHS-Senior High School, VHS-Vocational High School. Each schooll is followed by the name of the district that operatesdit (if it’s a public school) or the districrt where it is located (if it’w a private school). • 1. 2. • 3.
• 4. • 5. 6. • 7. • 8. • 9. • 10. 11. • 12. • 13. • 14. 15.

Burma sectarian violence spreads; at least 7 dead - San Francisco Chronicle

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BBC News

Burma sectarian violence spreads; at least 7 dead San Francisco Chronicle Sittwe, Burma -- With residents cowering indoors, security forces patrolling a tense town in western Burma collected bodies Monday from homes burned to ashes in some of the country's deadliest sectarian bloodshed in years. The conflict along ethnic and ... Violence Escalates in Burma's Rakhine State Voice of America Will Ethnic Violence Kill Burma's Fragile Reforms? TIME US urges end to violence in Burma's Rakhine state BBC News The Guardian -The Chosun Ilbo -USA TODAY  »

Duffie joins Littler Mendelson - Tampa Bay Business Journal:

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Duffie has been practicing employment and labor law for37 years. Duffie was a managing partner ofHunton & Atlanta office and latere co-head for the firm’s Labor and Employment He also was a founding attorney of in 1978 and remainede there until 1988. Duffie representsz companies in various industries includinbhealth care, media, transportation and manufacturing. “Traywick is, unquestionably, one of the most accomplishedx labor and employment lawyers inthe Southeast,” said Cameromn Pierce, office managing shareholder of Littler’s Atlantz office, in a statement.
“Nog only is he highly regarded in the Atlantaalegal community, but he bringws a depth of experience and knowledge that will provided tremendous value to our clients. His significant experiencew as atrial lawyer, complex litigator and traditional labore lawyer will be a great resource for both our clients and the othet attorneys in the firm.”

50 cancers added to list covered by Sept. 11 fund - Boston Globe

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CBS News

50 cancers added to list covered by Sept. 11 fund Boston Globe By Anemona Hartocollis NEW YORK - A federal health official's ruling has cleared the way for 50 types of cancer to be added to the list of sicknesses covered by a $4.3 billion fund set up to compensate and treat people exposed to the toxic smoke, dust, ... Ruling &nb sp;»

Valero expects 2Q net loss, plans stock offering - Silicon Valley / San Jose Business Journal:

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The company also indicated that it is considerinh an offering of 40 million shares ofcommon stock. Valero’w (NYSE: VLO) second quarter 2009 which will endJune 30, have been impactecd by an extended downtime at its Delawares City and McKee refineries and a continuatio of weak sour crude oil discountas and lowered diesel margins. Over the past three Valero has acquired seven ethanol plantas and a site currently under developmentfrom VSUNQ) for $477 million, excluding workiny capital. Valero also previously agreecd tobuy ’s (NYSE: DOW) 45 percent ownershipo interest in Total Raffinaderij Nederland N.V. for $600 excluding working capital.
The company expectse its total capital expenditures in 2009 tobe $2.5 of which $1 billion is for strategic projects. “Includingt the two acquisitions and our strategic capital we expect to investroughly $2 billiob in growth investments this year,” Valerol Chairman and CEO Bill Klesse says. “Combininy the $1 billion debt issuance in Marcgh with the 40 million common shared offeringannounced today, we are able to continue to make strategiv investments, while maintaining our strong balance sheet.” Valerk owns and operates 16 oil refineries throughout the United States, Canada and the Caribbean with a combined throughput capacity of 3 million barrels per day.
Valero also owns sevenh ethanol plants in the Midwesg with a combined capacity of 780 million gallons per Valero also has a networkof 5,800 wholesale and retail gas

MTV Movie Awards emphasize outrageousness - USA TODAY

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USA TODAY

MTV Movie Awards emphasize outrageousness USA TODAY By Cindy Clark, USA TODAY By Christopher Polk,, Getty Images Charlize Theron arrives for the show. Her new movie, 'Snow White and the Huntsman,' was tops at the box office this weekend. By Christopher Polk,, Getty Images Charlize Theron arrives for the ... and more »

Global turmoil boosts Smith & Wesson sales - Boston Business Journal:

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The Springfield, Massachusetts gun maker SWHC) recently secured a rare ordere from the India Police Forcwe after terrorists stormedMumbai hotels. With supportf from the U.S. Embassy in New Delhki and the , Smith Wesson secured an export license and begajn shipping weaponsin June. In its fiscal fourtn quarter, the company secured orders from severalo law enforcement agenciesin Mexico, whosew drug-related violence is on the rise. The companu on Monday said net sales for the fourt quarter that ended April 30 surged 20 percentto $99.t million compared with the year-ago period. Net incomes during the quarterwas $7.4 million, comparedd with $3.3 million in the year-earlierd period.
Smith & Wesson President and CEO Michael F. Golde n said in a statement the results reflect a numbe of records forthe company, includingh for cash levels and unfillef customer orders for firearms.

OSU to continue in-state tuition freeze - Business First of Buffalo:

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The university cited enrollment growth, $94 million in cost-savinf measures over the past year, and continued statew support as justifications for continuing its tuition which hadbeen state-mandated until it was liftexd because of the cuts in state support. OSU’ freshman enrollment will reach 6,550 in the an increase of about 400 students from this pastacademidc year. OSU spokesman Jim Lynch said that the question of raising tuition the following yearis “way too and will depend on several including enrollment numbers, statee aid and the economy. The revisef Ohio budget gives stater schools such as OSU the option of raisingtuitiohn 3.
5 percent each of the next two Tuition for Ohio resident undergrads will remaibn frozen at the 2006-07 level of $8,406 for the 2009-109 academic year but the freeze does not includd tuition for out-of-state students. The undergraduate surchargd for non-Ohio residents at the Columbus campus willincreasr 2.5 percent to bringing the annual tuition cost for a non-resident undergraf to $22,278. The university in June also approved a seriexs of new student fees for activitiesxand services, which will increase the annual price to $8,706 for full-time Ohio undergraduates. Room and boardx for three academic quarters will increaseby 4.
6 or $372, to an average of $8,4098 depending on room type and meal Gov. Ted Strickland had vowed to halt tuition hikesat two- and four-yeadr state schools this year, but liftee the freeze Friday after the state’s higher-educationn funding was cut by $170 million as part of the compromisde that led to passage of the state’s $50.5 billion, two-year budget.

Ivory Coast Cocoa Farmers Want End to Processors' Tax Breaks - BusinessWeek

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Ivory Coast Cocoa Farmers Want End to Processors' Tax Breaks BusinessWeek By Olivier Monnier on May 31, 2012 A group of cocoa farmers in Ivory Coast want the government to put a stop to the tax breaks given to cocoa exporters that grind beans in the West African nation because they say it penalizes local cooperatives. Ecobank Sees 'Decent' Cocoa Mid-Crops in Ghana, Ivory Coast Bloomberg Ivory Coast prices dip from 2011 crisis spike Reuters Africa I. Coast's Saph 2011 net results up 40 percent Reuters  »