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The group will travel to France, Singapore and Australis in order to encourage trade relations and attract new jobs to according to apresss release. The delegation will travel to France to attend the Parizs Air Show and meet with business leaderas in the aviation andaerospace industries. During the airshow, Rilet will meet with executives from11 businesses, whilde the state delegation will meet with 80 additionalo companies, the release In addition, Riley will attend a Northrop Grumman/EADS which will address the potential construction of the KC-45 refueling tanked in Mobile.
The projec is pending, as Northrop Grumman vies to win agovernment Then, the group will spend one day in Singapore meetiny with aviation and aerospace company executives befors traveling to Australia. Australia is the state’s 15th-largest exporyt market. In 2008, Alabama companies exported $205 millio n worth of products there. While visiting Australia, Riley will visitg Austal headquarters. The company operatew a facility in Mobile that is building Navycombatg ships.
Sunday, March 3, 2013
Tuesday, February 26, 2013
Nonprofits brace for budget emergency aftershocks, IOUs - Charlotte Business Journal:
xysecurakihir.blogspot.com
While service providers don’t yet know whether they’ll receivse IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santas Clara, is prepared for the worst. “Wwe receive about $400,000 in state funding,” Harlanb said. “We’re already accustomex to getting money from the state late last year, for it took until December before we finallhy got paid.” For this year and last year the center has reliede on a $150,000 line of credit through to cover the gap, alont with $500,000 out of its reservde funds. The center’s operating budget is $10 milliom for fiscal 2009-10.
The money that may be on hold from thestatw covers, in part, the center’s sheltee and drop-in program, street outreach, and parentinvg classes. “The problem right now is that we don’tf know for certain how much they’re going to hold said Harlan, who has been with the centet for26 years. “But this is by far the worsy I’ve ever seen.” In anticipation of the state’se budget problems, 10 percent cuts have already been plannedfor foster-care payments. Locally therd are 300 to 400 kids infostefr care.
Foster care rates are the same across the so familiesin high-cost areas such as the Bay Area get the same amounf of compensation as people in more affordabl places. “We’re fronting half a million dollarss already,” she said. It’s a layered proble for the center, since in addition to state money some comes from the federap Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthxs for payments tobe received. “We’res hoping to get paid by she said. “Nonprofits are just getting Harlan said the Bill Wilso Center has closed down two programs already and cut about 15 percent of its leaving about110 employees.
Thes are real layoffs, she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafff person a layoff notice and a week laterd his wife was laid off from another she said. in Campbell gets abouty $500,000 a year from the statr for its AIDS CFO Ira Holtzman said the agency is largs enough and financially stable enough that he woulc just book an IOU as accounts receivable and hope the moneyt camethrough eventually. The Healtb Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said.
Pam Brandin, executiver director of and Visualluy Impaired, which has offices in Palo Alto andSantwa Cruz, said that even though her agencyt provides the kind of services that are especiallyg at risk in State Controller John Chiang’sd plan, the Vista Centeer is relatively safe. “We receive money through Title 7 Chaptef2 services,” Brandin explained. “Sincd much of our funding is federalmoneyt we’re hoping that it has to be releasedc and passed on; the state won’t be allowedx to hold on to it.” The Vista Centet also has school contracts througgh special education funding.
“Lastt year when the state had similar budgey issueswe didn’t receive any IOUs,” she “but that situation was resolved sooner than this appeards to be. The agencies that receive IOUsprobabluy won’t even know they’re coming unti they submit their bills.” She’s also bankinbg on Vista Center’s status as a preferred vendor with the state, “so we’ll be paid in advance of othed vendors — if in fact the statde is even writing checks.” Lisa president & CEO of Avenidas Rose Kleiner Senior Day Healtj Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivde from the state are MediCal payments for services providecd at our adultdaycare center,” she said. “Ourr understanding is that those services are protectedd by the state constitution as well asfederal law. We do receivew funding indirectly throughthe county, but we don’t expect that to be Tom Kinoshita, public policy director of the , said peopled are on pins and needles. “Everyone’s sitting arounds waiting, not knowing what’s going to happen. But even with the most optimistic outcome it’s still going to be very ugly.
” He pointedf out that the deficit last year for Santsa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcohol and sociak services. And there’s no relief on the horizon: For 2011 the county is looking at a deficitg ofabout $250 million, he said.
While service providers don’t yet know whether they’ll receivse IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santas Clara, is prepared for the worst. “Wwe receive about $400,000 in state funding,” Harlanb said. “We’re already accustomex to getting money from the state late last year, for it took until December before we finallhy got paid.” For this year and last year the center has reliede on a $150,000 line of credit through to cover the gap, alont with $500,000 out of its reservde funds. The center’s operating budget is $10 milliom for fiscal 2009-10.
The money that may be on hold from thestatw covers, in part, the center’s sheltee and drop-in program, street outreach, and parentinvg classes. “The problem right now is that we don’tf know for certain how much they’re going to hold said Harlan, who has been with the centet for26 years. “But this is by far the worsy I’ve ever seen.” In anticipation of the state’se budget problems, 10 percent cuts have already been plannedfor foster-care payments. Locally therd are 300 to 400 kids infostefr care.
Foster care rates are the same across the so familiesin high-cost areas such as the Bay Area get the same amounf of compensation as people in more affordabl places. “We’re fronting half a million dollarss already,” she said. It’s a layered proble for the center, since in addition to state money some comes from the federap Housing and UrbanDevelopment department. And Harlan said HUD is so slow it can take up to six monthxs for payments tobe received. “We’res hoping to get paid by she said. “Nonprofits are just getting Harlan said the Bill Wilso Center has closed down two programs already and cut about 15 percent of its leaving about110 employees.
Thes are real layoffs, she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one stafff person a layoff notice and a week laterd his wife was laid off from another she said. in Campbell gets abouty $500,000 a year from the statr for its AIDS CFO Ira Holtzman said the agency is largs enough and financially stable enough that he woulc just book an IOU as accounts receivable and hope the moneyt camethrough eventually. The Healtb Trust’s budget for fiscal year 2010 is morethan $16 Holtzman said.
Pam Brandin, executiver director of and Visualluy Impaired, which has offices in Palo Alto andSantwa Cruz, said that even though her agencyt provides the kind of services that are especiallyg at risk in State Controller John Chiang’sd plan, the Vista Centeer is relatively safe. “We receive money through Title 7 Chaptef2 services,” Brandin explained. “Sincd much of our funding is federalmoneyt we’re hoping that it has to be releasedc and passed on; the state won’t be allowedx to hold on to it.” The Vista Centet also has school contracts througgh special education funding.
“Lastt year when the state had similar budgey issueswe didn’t receive any IOUs,” she “but that situation was resolved sooner than this appeards to be. The agencies that receive IOUsprobabluy won’t even know they’re coming unti they submit their bills.” She’s also bankinbg on Vista Center’s status as a preferred vendor with the state, “so we’ll be paid in advance of othed vendors — if in fact the statde is even writing checks.” Lisa president & CEO of Avenidas Rose Kleiner Senior Day Healtj Center in Palo Alto, is also cautiouslg optimistic.
“The only funds we receivde from the state are MediCal payments for services providecd at our adultdaycare center,” she said. “Ourr understanding is that those services are protectedd by the state constitution as well asfederal law. We do receivew funding indirectly throughthe county, but we don’t expect that to be Tom Kinoshita, public policy director of the , said peopled are on pins and needles. “Everyone’s sitting arounds waiting, not knowing what’s going to happen. But even with the most optimistic outcome it’s still going to be very ugly.
” He pointedf out that the deficit last year for Santsa Clara County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugs and alcohol and sociak services. And there’s no relief on the horizon: For 2011 the county is looking at a deficitg ofabout $250 million, he said.
Thursday, February 21, 2013
Garcia strikes deal at Santa Fe auto park - Baltimore Business Journal:
hustbelogehy1857.blogspot.com
Albuquerque’s is leading the charge. It is expectecd to announce shortly the acquisition of the Hyundai franchise in Sant a Fe and is making acquisitione inEl Paso. Sources indicate the deal has been completedd in Santa Fe and that Garciza will open its new Hyundaoi lot in the Cerrilloa Road Auto Park in Bob Pitre isselling Hyundai, but retaining his Mitsubishiu franchise there at his 1955 St. Michael’e Dr. location. Pitre acknowledged a deal has been but because ofconfidentiality agreements, couldn’t give Garcia said a deal would be announced shortly, but offerec no details. Pitre continues to operats his Pitre Buick dealershilin Albuquerque.
Garcia is also said to be expandingh toEl Paso, with the acquisitionm of two dealerships there. Specializing in brands such as Mazda, Subaru, Infiniti and Saab, Garciq reportedly has not been as affecte d by the economic slowdown as his domesticx cardealer competitors. With domesti c auto sales off by more than 30percenf nationally, New Mexico has been far from immune. High-profile closures includ Zangara Dodge at Lomasand Wyoming. Saturn of Albuquerqur also was shuttered by this and others are said tobe teetering. The bankruptciez of Chrysler and GMC have further muddled the prospectsz forlocal dealerships, although other issuexs are said to be more problematif currently.
Earlier this year, industry experts speculatedc that as many as 50 percent of locaol dealerships could disappear inthis “There are not a lot of questions about Chryslert going away, since the government has backedr the warranties and it is out of bankruptcy. The biggesgt problems now are the economy and the consumergettingv financing. The banks are a lot tougher and scrutinizinyloans more,” said Bill Melloy, general manager of in Despite a sales drop this year of more than 10 percen t that led to 40 layoffs and the reductiobn of $400,000 in expenses, Melloy said if the right opportunit to make an acquisition comes along, his compangy would consider it.
The bright spot for car dealersz this spring has been on their used car A brisk business in 2005 to 2008 models has developedd as consumers are lookinf for cars pricedunder $20,000, but that stilp have service warranties. These sales enable dealers to generatew cash and stayin business. “The used car businesse is improving and is aheafd 10 to 15 percent for usthis year,” said Gary the owner of GM dealerships in Los Lunaz and Moriarty. “The price of used cars is goinhg up because there are fewer new cars comingf intothe market. Used car sales will strengthehn over the nextsix months.
”
Albuquerque’s is leading the charge. It is expectecd to announce shortly the acquisition of the Hyundai franchise in Sant a Fe and is making acquisitione inEl Paso. Sources indicate the deal has been completedd in Santa Fe and that Garciza will open its new Hyundaoi lot in the Cerrilloa Road Auto Park in Bob Pitre isselling Hyundai, but retaining his Mitsubishiu franchise there at his 1955 St. Michael’e Dr. location. Pitre acknowledged a deal has been but because ofconfidentiality agreements, couldn’t give Garcia said a deal would be announced shortly, but offerec no details. Pitre continues to operats his Pitre Buick dealershilin Albuquerque.
Garcia is also said to be expandingh toEl Paso, with the acquisitionm of two dealerships there. Specializing in brands such as Mazda, Subaru, Infiniti and Saab, Garciq reportedly has not been as affecte d by the economic slowdown as his domesticx cardealer competitors. With domesti c auto sales off by more than 30percenf nationally, New Mexico has been far from immune. High-profile closures includ Zangara Dodge at Lomasand Wyoming. Saturn of Albuquerqur also was shuttered by this and others are said tobe teetering. The bankruptciez of Chrysler and GMC have further muddled the prospectsz forlocal dealerships, although other issuexs are said to be more problematif currently.
Earlier this year, industry experts speculatedc that as many as 50 percent of locaol dealerships could disappear inthis “There are not a lot of questions about Chryslert going away, since the government has backedr the warranties and it is out of bankruptcy. The biggesgt problems now are the economy and the consumergettingv financing. The banks are a lot tougher and scrutinizinyloans more,” said Bill Melloy, general manager of in Despite a sales drop this year of more than 10 percen t that led to 40 layoffs and the reductiobn of $400,000 in expenses, Melloy said if the right opportunit to make an acquisition comes along, his compangy would consider it.
The bright spot for car dealersz this spring has been on their used car A brisk business in 2005 to 2008 models has developedd as consumers are lookinf for cars pricedunder $20,000, but that stilp have service warranties. These sales enable dealers to generatew cash and stayin business. “The used car businesse is improving and is aheafd 10 to 15 percent for usthis year,” said Gary the owner of GM dealerships in Los Lunaz and Moriarty. “The price of used cars is goinhg up because there are fewer new cars comingf intothe market. Used car sales will strengthehn over the nextsix months.
”
Saturday, February 16, 2013
UNC nominates Washington
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Swanson is currently a professof and chair of the family and child nursing departmen atthe . She already has accepted the UNC position, but she must be confirmedf bythe univerity’s Board of Trustees. "Dr. Swanson has earned a national reputation forher teaching, research and contributions to the nursinyg field," said Executive Vice Chancellor and Provost Bernadette Gray-Little. "She has the right experiencse and skills to build upon an already excellenr School of Nursing that is committedc to helping meetthe health-care neede of North Carolinians." Linda who served as dean for 10 will step down in July and return to the facult next year as a professor.
Swansonm is a fellow of the and an alumnqa of the Robert Wood Johnsom Executive NurseFellows Program. She has developed a nationalp reputation for her researchon caring, responsexs to miscarriage and interventions to promote healing after early pregnancy Swanson is a nativee of Rhode Island and graduated with a bachelor’zs degree from the in 1975. She earned a master’s degree from the in 1978 and a Ph.D. in nursingb from the in 1983. She joinexd the University of Washington in 1985 as apostdoctoral fellow. She became a research assistant professotin 1987, assistant professor in associate professor in 1993 and full professorf and chair in 2000.
Swanson is currently a professof and chair of the family and child nursing departmen atthe . She already has accepted the UNC position, but she must be confirmedf bythe univerity’s Board of Trustees. "Dr. Swanson has earned a national reputation forher teaching, research and contributions to the nursinyg field," said Executive Vice Chancellor and Provost Bernadette Gray-Little. "She has the right experiencse and skills to build upon an already excellenr School of Nursing that is committedc to helping meetthe health-care neede of North Carolinians." Linda who served as dean for 10 will step down in July and return to the facult next year as a professor.
Swansonm is a fellow of the and an alumnqa of the Robert Wood Johnsom Executive NurseFellows Program. She has developed a nationalp reputation for her researchon caring, responsexs to miscarriage and interventions to promote healing after early pregnancy Swanson is a nativee of Rhode Island and graduated with a bachelor’zs degree from the in 1975. She earned a master’s degree from the in 1978 and a Ph.D. in nursingb from the in 1983. She joinexd the University of Washington in 1985 as apostdoctoral fellow. She became a research assistant professotin 1987, assistant professor in associate professor in 1993 and full professorf and chair in 2000.
Tuesday, February 5, 2013
Manufacturing company gets $300,000 state award - South Florida Business Journal:
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, which has a manufacturinbg facility in Pompano Beacu and an administrative facility inDeerfield Beach, in June was givebn a Quick Response Training (QRT) grantt through Workforce Florida. The money, which Hoerbiger can tap over a two-yea period, will go toward training 272 existin g employees and up to 58 new employees inPompani Beach. Hoerbiger will use the money for a varietyy oftraining purposes, including computer systems usage and business development, said Debbie McMullian, who administers QRT grantd for Workforce Florida.
The money will be distributedd in increments as the training The company will receive the money according to the numbedr of employeesit trains, up to the full $300,00p0 if it trains all 330, McMullian added. worked with Hoerbiger on the QRT grant so the compan y could maintain and add jobs tothe county’e manufacturing base, alliance President and CEO James P. Tarltob said. Manufacturing, a smallp portion of South Florida’s overall is hurting because ofthe recession. Hoerbiger, whicyh offers quality jobs, is a good investment for the QRT Tarlton noted.
, which has a manufacturinbg facility in Pompano Beacu and an administrative facility inDeerfield Beach, in June was givebn a Quick Response Training (QRT) grantt through Workforce Florida. The money, which Hoerbiger can tap over a two-yea period, will go toward training 272 existin g employees and up to 58 new employees inPompani Beach. Hoerbiger will use the money for a varietyy oftraining purposes, including computer systems usage and business development, said Debbie McMullian, who administers QRT grantd for Workforce Florida.
The money will be distributedd in increments as the training The company will receive the money according to the numbedr of employeesit trains, up to the full $300,00p0 if it trains all 330, McMullian added. worked with Hoerbiger on the QRT grant so the compan y could maintain and add jobs tothe county’e manufacturing base, alliance President and CEO James P. Tarltob said. Manufacturing, a smallp portion of South Florida’s overall is hurting because ofthe recession. Hoerbiger, whicyh offers quality jobs, is a good investment for the QRT Tarlton noted.
Monday, January 21, 2013
Baltimore to award nearly $10M in stimulus funds to help the homeless - Baltimore Business Journal:
efimtsovavadan.blogspot.com
In partnership with the , plans to awarde up to $1 million apiecde to nonprofits that will help put homeless residents into new housing units and keep resident s indoors who are at risk of losing their The $9.5 million in federapl American Recovery and Reinvestment Act funds coulxd be available as early as Septembeer and will be awarderd to nonprofit groups alreaduy receiving other funds from Baltimore City. “Thesd types of partnerships can go a long way to ensurse peopleremain safe, healthy and United Way president Larrty E.
Walton said in a “We look forward to helping not only the butthe region, combat The effort is part of Mayor Sheilaz Dixon’s January 2008 plan to end homelessness in the city withihn 10 years, which has been dubbe the Journey Home. About 60 perceng of the money will go towardrapidf re-housing, to help place people into permanenrt housing who are now living on the street or in emergency Another 30 percent will go toward prevention, including headingv off evictions and providing subsidiese and other assistance to people seekinvg to stay in their homes. There are more than 3,400 homeless people in the according to citycensus data.
“This is really an opportunitty to fund a number of initiatives within the plan whichwe couldn’ otherwise do,” Diane Glauber, director of city homelessw services, said in a telephone Glauber said the city has strugglesd to find enough money in its budget to pay for program in the Journey Home program, including providiny emergency subsidies to homeless residents and securityu deposits to help place people into new The money will also help take the burden of the city’sa existing homeless shelters, which aren’t alway s able to accommodate as largde families and people recently discharged from area Proposals are due by July 20.
In partnership with the , plans to awarde up to $1 million apiecde to nonprofits that will help put homeless residents into new housing units and keep resident s indoors who are at risk of losing their The $9.5 million in federapl American Recovery and Reinvestment Act funds coulxd be available as early as Septembeer and will be awarderd to nonprofit groups alreaduy receiving other funds from Baltimore City. “Thesd types of partnerships can go a long way to ensurse peopleremain safe, healthy and United Way president Larrty E.
Walton said in a “We look forward to helping not only the butthe region, combat The effort is part of Mayor Sheilaz Dixon’s January 2008 plan to end homelessness in the city withihn 10 years, which has been dubbe the Journey Home. About 60 perceng of the money will go towardrapidf re-housing, to help place people into permanenrt housing who are now living on the street or in emergency Another 30 percent will go toward prevention, including headingv off evictions and providing subsidiese and other assistance to people seekinvg to stay in their homes. There are more than 3,400 homeless people in the according to citycensus data.
“This is really an opportunitty to fund a number of initiatives within the plan whichwe couldn’ otherwise do,” Diane Glauber, director of city homelessw services, said in a telephone Glauber said the city has strugglesd to find enough money in its budget to pay for program in the Journey Home program, including providiny emergency subsidies to homeless residents and securityu deposits to help place people into new The money will also help take the burden of the city’sa existing homeless shelters, which aren’t alway s able to accommodate as largde families and people recently discharged from area Proposals are due by July 20.
Wednesday, January 16, 2013
New York Judge Rules That Photos Posted On Twitter Are Not Up For Grabs By ... - Fast Company
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Fast Company | New York Judge Rules That Photos Posted On Twitter Are Not Up For Grabs By ... Fast Company A judge in New York City has ruled that pictures taken by a freelance photographer and posted on his Twitter account were not available for use by news organizations. Daniel Morel, who had been working in Haiti following the earthquake there in 2010 ... News outlets improperly used photos posted to Twitter: judge |
Sunday, January 13, 2013
Bowling Hall of Fame to move to Arlington - Dallas Business Journal:
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The new Museum and Hall of Fame will be locatedd in a new development that willhouse bowling'as two national entities, the and the . As part of the plannec move, the IBM/HF reached an agreement to sell the existing hall andmuseujm structure, which also is home to the St. Louiws Cardinals Hall of Fame Museum, and its land to the Ballparmk Village partnership consisting ofthe St. Louis Cardinals and the Cordisg Co. The IBM/HF had two offers to move its according to the United StateBowling Congress. "Ballpark Village presentesd a wonderful opportunity for the Hall of Fame to relocatee within Ballpark Village in the general vicinityu of itscurrent location," the organization said.
"Inn the end, however, the trustees felt it was best to honofr the strong desire of the bowling industry to havethe IBM/HF join the othetr major national bowling entities in a new consolidated headquarterds at 621 Six Flags Drive in The new Hall of Fame in Arlington will be on the firs t level of the 103,000-square-foot building sharedf by USBC and BPAA. The Hall of Fame is expectesd to reopen in Arlington withij18 months.
Web site:
The new Museum and Hall of Fame will be locatedd in a new development that willhouse bowling'as two national entities, the and the . As part of the plannec move, the IBM/HF reached an agreement to sell the existing hall andmuseujm structure, which also is home to the St. Louiws Cardinals Hall of Fame Museum, and its land to the Ballparmk Village partnership consisting ofthe St. Louis Cardinals and the Cordisg Co. The IBM/HF had two offers to move its according to the United StateBowling Congress. "Ballpark Village presentesd a wonderful opportunity for the Hall of Fame to relocatee within Ballpark Village in the general vicinityu of itscurrent location," the organization said.
"Inn the end, however, the trustees felt it was best to honofr the strong desire of the bowling industry to havethe IBM/HF join the othetr major national bowling entities in a new consolidated headquarterds at 621 Six Flags Drive in The new Hall of Fame in Arlington will be on the firs t level of the 103,000-square-foot building sharedf by USBC and BPAA. The Hall of Fame is expectesd to reopen in Arlington withij18 months.
Web site:
Saturday, January 12, 2013
Zoey Deutch Joins Real Mom Lea Thompson on 'Switched At Birth' - Just Jared Jr.
llrx-royce.blogspot.com
Just Jared Jr. | Zoey Deutch Joins Real Mom Lea Thompson on 'Switched At Birth' Just Jared Jr. The 18-year-old actress will be guest starring in at least two episodes, THR reports. Zoey will play Elisa, an attractive young woman whom Toby (Lucas Grabeel) meets while campaigning for his father, John (D.W. Moffett). You'll be able to catch Zoey on ... |
Thursday, January 10, 2013
Bullitt build out: Cedar Grove, Salt River business parks are popular destinations for major distribution centers - Business First of Louisville:
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They're often surprised to learmn that Bullitt County actually containzs several bustlingbusiness parks, a growing retail sectore and upscale subdivisions springing up near an 18-holee golf course. "You normally don't think of Bullitt County this way," said Bob executive director of the Bullitt County EconomicDevelopmenft Authority. The county has mushroomed from 47,500o residents in 1990 to an estimaterd 75,000. And the county, which is bisected by I-65, also has grown into a thrivingdistribution hub, as some of its majot business parks are just about 16 mile from Louisville International Airport.
Cedar Grove and Salt River busineszs parks straddle either side of Kentuckyt 480in Shepherdsville, and they contain many of the area's newest light industrial/distribution tenants. The two business parks are also withijn 25 miles or less ofinterstated 65, 265, 64, 71 and 264, making them especiallyg advantageous for companies that need to move products Salt River Development Co. LLC, the original developer of Cedar purchased 420 acres of farmlane in November 1998 that became the business In thelate 1990s, the area lacked heavy water lines and widened roads to accommodate truck traffic, said Jesse Flynn, a principal in Salt Rive Development.
After the infrastructure was out-of-state builders and developers builta 400,000-square-foot distributiomn center on 25 acres that was leasexd to Illuminations, a California-based candle company, in 2001. That companty went bankrupt and its Kentuck location closedin 2004, but that certainl y wasn't a portent of things to A new tenant, , a King of Pa.-based sporting goods dealer, located in the buildinf in 2004. The e-commerc fulfillment and distribution firm has300 full-times employees, with seasonal increases. In the intervening a number of distribution centerss have sprung up inthe park, where abougt 2,065 full-time workers are now employed.
"The Cedar Groved Business Park has met or exceeded everyg expectation we had inthe beginning," said Patricmk Flynn, Jesse Flynn's brother and another principap in Salt River Development. Jesse Flynn said he attributew the popularity of Cedar Grove to its proximityto I-65 and to UPS'e distribution operations. "It's been done on a first-class Flynn said of the development. "The facilitiesw are first class, the landscaping, and the businessee are first class." Another 85-acre addition to the park was purchasedf about three years ago by Salt River and 150 acres were purchased in 2007 for a totao of more than 650 JesseFlynn said.
"With the new 150-acred expansion and the improvements scheduledf for CedarGrove Road, we see a bright future for the communitiese of Shepherdsville and Greater Bullitt County," Patricjk Flynn said. That tract is under contracr with anational user, said Jesse who declined to release the name. Engineeringy work has begun and infrastructure will be put in this with the first building constructed in the he said. Just 22 acres of the originalp 420 acres in Cedar Groveremain undeveloped, Jesse Flynj noted, and about 3.3 millionm square feet of light industrial and distributiomn operations have been built in the wholes business park.
They're often surprised to learmn that Bullitt County actually containzs several bustlingbusiness parks, a growing retail sectore and upscale subdivisions springing up near an 18-holee golf course. "You normally don't think of Bullitt County this way," said Bob executive director of the Bullitt County EconomicDevelopmenft Authority. The county has mushroomed from 47,500o residents in 1990 to an estimaterd 75,000. And the county, which is bisected by I-65, also has grown into a thrivingdistribution hub, as some of its majot business parks are just about 16 mile from Louisville International Airport.
Cedar Grove and Salt River busineszs parks straddle either side of Kentuckyt 480in Shepherdsville, and they contain many of the area's newest light industrial/distribution tenants. The two business parks are also withijn 25 miles or less ofinterstated 65, 265, 64, 71 and 264, making them especiallyg advantageous for companies that need to move products Salt River Development Co. LLC, the original developer of Cedar purchased 420 acres of farmlane in November 1998 that became the business In thelate 1990s, the area lacked heavy water lines and widened roads to accommodate truck traffic, said Jesse Flynn, a principal in Salt Rive Development.
After the infrastructure was out-of-state builders and developers builta 400,000-square-foot distributiomn center on 25 acres that was leasexd to Illuminations, a California-based candle company, in 2001. That companty went bankrupt and its Kentuck location closedin 2004, but that certainl y wasn't a portent of things to A new tenant, , a King of Pa.-based sporting goods dealer, located in the buildinf in 2004. The e-commerc fulfillment and distribution firm has300 full-times employees, with seasonal increases. In the intervening a number of distribution centerss have sprung up inthe park, where abougt 2,065 full-time workers are now employed.
"The Cedar Groved Business Park has met or exceeded everyg expectation we had inthe beginning," said Patricmk Flynn, Jesse Flynn's brother and another principap in Salt River Development. Jesse Flynn said he attributew the popularity of Cedar Grove to its proximityto I-65 and to UPS'e distribution operations. "It's been done on a first-class Flynn said of the development. "The facilitiesw are first class, the landscaping, and the businessee are first class." Another 85-acre addition to the park was purchasedf about three years ago by Salt River and 150 acres were purchased in 2007 for a totao of more than 650 JesseFlynn said.
"With the new 150-acred expansion and the improvements scheduledf for CedarGrove Road, we see a bright future for the communitiese of Shepherdsville and Greater Bullitt County," Patricjk Flynn said. That tract is under contracr with anational user, said Jesse who declined to release the name. Engineeringy work has begun and infrastructure will be put in this with the first building constructed in the he said. Just 22 acres of the originalp 420 acres in Cedar Groveremain undeveloped, Jesse Flynj noted, and about 3.3 millionm square feet of light industrial and distributiomn operations have been built in the wholes business park.
Wednesday, January 9, 2013
Relief evident in St. Paul, as NHL hockey is set to return after long lockout - MinnPost.com
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Relief evident in St. Paul, as NHL hockey is set to return after long lockout MinnPost.com Relief evident in St. Paul, as NHL hockey is set to return after long lockout. By Joe Kimball | 10:41 am. St. Paul Mayor Chris Coleman wasted no time Sunday lauding the announcement that the NHL owners and players expect to return to action after ... |
Tuesday, January 8, 2013
American Financial trims stocks, but mortgage securities a concern - Business Courier of Cincinnati:
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has taken a more conservative stancwe with its investments in the past just as the stock market The downtown-based property and casualtuy insurer controlled by the Cincinnati financier and his familg has been slashing its common stock holdingxs over the past year. It had $209 milliomn in common stocks at the end of thefirsf quarter. That’s down sharply from $751 millioh at the end of 2007. Some of those are in privatre companies. But it cut publicluy traded stocks, too.
“Over the past year, we’ve substantially reduced our holdings to lessthan $50 millionh in publicly traded common equities,” Co-CEO Carl Lindne r III said in a May 5 conferenc e call to discuss Some of that was no doubt a result of a sharpl drop in the value of most stocks. But it was also a consciouse move to reduce exposureto stocks. “It was a very deliberatre move,” said Richard an analyst at who tracksAmerican “The move to safety to improved the portfolio’s liquidity was probably a good move.” As Americahn Financial sold off some stocks, it has pumped up its cash Its cash jumped by one-third in a year, to $1.
3 That’s a lot higher than most propertyh and casualty insurers, Birge said. Less stockd and more cash. Sounds safe, right? Not so Equities make up just 2 percent ofAmerican Financial’ws investments. Eighty-five percent are in But just two-thirds of those bonds are rated AAA, AA or A. Beyond that, it has a hefty exposure to mortgage-backee securities. About half of its unrealizes fixed-income losses – more than $1.1 billionn – are in those often-troubled investments, Birgwe said. If American Financial sold those now, it woulsd take big losses, Birge said. But its cash givex it a cushion.
“That gives them the ability to ride out the marketg and see if they can recousome losses,” he said. That mortgage-backer exposure causes Birge to put a high amount of uncertainty onhis “faidr value” estimate of $30 a share for Americamn Financial’s stock. It closed May 12 at Others are mixed. Only thre brokerage analysts followthe stock. Two have a “strong buy” ratingv on it, while the othe has a “hold” rating. Meanwhile, an insider sale of stoc k might make investorstake notice. Lindner III sold 590,0090 shares for just over $20 each from May 6 to May 8, generatinhg $12.1 million. The salexs came just after the stocok jumpedfrom $17.
91 to $20.49 May 4 and May 5 afterf it posted first-quarter Executives typically can’t trade betweenh the end of a quarter and the time earningw are released, so the timingv isn’t rare. Lindner still controlsw 11.3 million shares. “That was a standard diversification effort he has doneover time,” Scott Beeken, Americah Financial assistant vice president, “That was an open window, so it was the best time to do ’s soaring stock launched a surge in optionas activity. The stock leapt 59 percent May 8 after results ofthe government’s stressw tests were released, hitting $8.49.
Options traderzs immediately piled into the markeyt to try to gain from the Investorstraded 45,000 put option contracts, which are bets the stocm will fall, and 55,00o call options. The total tripled the usua l option volume. Options with a $7.50 strike price that expire May 15 were the most popular on both saidJoseph Hargett, of Blue Ash-based No matter which way the stocj moves, some options investors are goinfg to be happy.
has taken a more conservative stancwe with its investments in the past just as the stock market The downtown-based property and casualtuy insurer controlled by the Cincinnati financier and his familg has been slashing its common stock holdingxs over the past year. It had $209 milliomn in common stocks at the end of thefirsf quarter. That’s down sharply from $751 millioh at the end of 2007. Some of those are in privatre companies. But it cut publicluy traded stocks, too.
“Over the past year, we’ve substantially reduced our holdings to lessthan $50 millionh in publicly traded common equities,” Co-CEO Carl Lindne r III said in a May 5 conferenc e call to discuss Some of that was no doubt a result of a sharpl drop in the value of most stocks. But it was also a consciouse move to reduce exposureto stocks. “It was a very deliberatre move,” said Richard an analyst at who tracksAmerican “The move to safety to improved the portfolio’s liquidity was probably a good move.” As Americahn Financial sold off some stocks, it has pumped up its cash Its cash jumped by one-third in a year, to $1.
3 That’s a lot higher than most propertyh and casualty insurers, Birge said. Less stockd and more cash. Sounds safe, right? Not so Equities make up just 2 percent ofAmerican Financial’ws investments. Eighty-five percent are in But just two-thirds of those bonds are rated AAA, AA or A. Beyond that, it has a hefty exposure to mortgage-backee securities. About half of its unrealizes fixed-income losses – more than $1.1 billionn – are in those often-troubled investments, Birgwe said. If American Financial sold those now, it woulsd take big losses, Birge said. But its cash givex it a cushion.
“That gives them the ability to ride out the marketg and see if they can recousome losses,” he said. That mortgage-backer exposure causes Birge to put a high amount of uncertainty onhis “faidr value” estimate of $30 a share for Americamn Financial’s stock. It closed May 12 at Others are mixed. Only thre brokerage analysts followthe stock. Two have a “strong buy” ratingv on it, while the othe has a “hold” rating. Meanwhile, an insider sale of stoc k might make investorstake notice. Lindner III sold 590,0090 shares for just over $20 each from May 6 to May 8, generatinhg $12.1 million. The salexs came just after the stocok jumpedfrom $17.
91 to $20.49 May 4 and May 5 afterf it posted first-quarter Executives typically can’t trade betweenh the end of a quarter and the time earningw are released, so the timingv isn’t rare. Lindner still controlsw 11.3 million shares. “That was a standard diversification effort he has doneover time,” Scott Beeken, Americah Financial assistant vice president, “That was an open window, so it was the best time to do ’s soaring stock launched a surge in optionas activity. The stock leapt 59 percent May 8 after results ofthe government’s stressw tests were released, hitting $8.49.
Options traderzs immediately piled into the markeyt to try to gain from the Investorstraded 45,000 put option contracts, which are bets the stocm will fall, and 55,00o call options. The total tripled the usua l option volume. Options with a $7.50 strike price that expire May 15 were the most popular on both saidJoseph Hargett, of Blue Ash-based No matter which way the stocj moves, some options investors are goinfg to be happy.
Sunday, January 6, 2013
After spending time on sidelines, ladies thrust back into job hunt - Business First of Columbus:
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But soon the family accruecd medical bills and both childrenb attendedexpensive all-day kindergarten. “It was the thought of coming backto work,” she As luck would have it, she ran into her formere boss who now worked for Acloché. The 38-year-olxd Short was hired as an executive recruiter at thestaffing firm. Shortf said balancing a career with meeting the needz of two young children and a husband is ajuggling act. “There are days when I wish I could’vse stayed at work for another hour and a she said. “But it’s good to be back in the adulrt world.” Anne Richardson realizes now that she was luckyy she returned to the work force whenshe did.
Her plan to stay home with her children untilher youngest, now 4 yearx old, was ready for kindergartenb was part of a divorcd agreement. But her ex-husband’s circumstances alimony diminished, and Richardson updated her resume. It had been six yearsd since the 34-year-old was program coordinator for in Virginia andshe wasn’t preparedf for how difficult it would be to find a job She sent out the but made progress only when she pounded the pavement. “The only thinbg working was personal contact,” she said.
She visited temporaryu employment service and was placed in a majof Columbuscompany – which requeste not to be named – as an accountt manager in its sales support department. The toughesyt challenge for Richardson was accepting that she stoof on the very lowest rung of the company ladderd even with eight years experience atFreddie Mac. “I was goinf to have to start atthe bottom,” she Explaining to her 4-year-old daughter why she’ not home wasn’t but Richardson has faith her daughte will understand that life doesn’t always go as
But soon the family accruecd medical bills and both childrenb attendedexpensive all-day kindergarten. “It was the thought of coming backto work,” she As luck would have it, she ran into her formere boss who now worked for Acloché. The 38-year-olxd Short was hired as an executive recruiter at thestaffing firm. Shortf said balancing a career with meeting the needz of two young children and a husband is ajuggling act. “There are days when I wish I could’vse stayed at work for another hour and a she said. “But it’s good to be back in the adulrt world.” Anne Richardson realizes now that she was luckyy she returned to the work force whenshe did.
Her plan to stay home with her children untilher youngest, now 4 yearx old, was ready for kindergartenb was part of a divorcd agreement. But her ex-husband’s circumstances alimony diminished, and Richardson updated her resume. It had been six yearsd since the 34-year-old was program coordinator for in Virginia andshe wasn’t preparedf for how difficult it would be to find a job She sent out the but made progress only when she pounded the pavement. “The only thinbg working was personal contact,” she said.
She visited temporaryu employment service and was placed in a majof Columbuscompany – which requeste not to be named – as an accountt manager in its sales support department. The toughesyt challenge for Richardson was accepting that she stoof on the very lowest rung of the company ladderd even with eight years experience atFreddie Mac. “I was goinf to have to start atthe bottom,” she Explaining to her 4-year-old daughter why she’ not home wasn’t but Richardson has faith her daughte will understand that life doesn’t always go as
Saturday, January 5, 2013
Switzerland's deep freezer - swissinfo.ch
karnergetajequ1416.blogspot.com
Switzerland's deep freezer swissinfo.ch La Brévine. Switzerland's deep freezer. La Brévine is officially the coldest place in Switzerland. In 1987 temperatures in the village dropped to -41.8 Celsius. This chilly record has inspired locals in the remote region to market the image of 'Swiss ... |
Friday, January 4, 2013
University of Phoenix settles discrimination lawsuit - Business First of Columbus:
fugycyquwod.blogspot.com
UOP settled the discrimination claim brough t by LatrishElaine Tarhini, who workeed as enrollment counselor at the school’s Houston campus, and the . The EEOC and Tarhini claimec that University of Phoenix management said she wouldd not be in line for a promotio n because she made an earlierf pregnancy discrimination charge againstthe Phoenix-based company and its The EEOC filed suit against UOP in September 2008 in federapl court, claiming the for-profit universitgy violated retaliation statutes of the Civil Rightsa Act of 1964. It violates federal law to discriminate against workers who previously file discrimination claims againsttheir employers.
In the the University of Phoenix admitted no wrongdoing or according to a statement provided to the Phoenixz BusinessJournal . “University of Phoenixz is pleased to have resolved this We are dedicated to providing a work environment in whichu our employees are treated fairlgy andwith respect, and are recognized and rewarde based on their accomplishments. University of Phoenix is committed to providinyg equal opportunity in all aspects of employment and does not toleratse discrimination or harassment ofany kind,” the university statemenf read.
The EEOC said UOP will be requirexd to provide updates on other possible retaliationh claims by its The University of Phoenix is a subsidiarof Phoenix-based Apollo Group Inc. (Nasdaq: APOL). UOP has 397,000 students enrolled in its online and campus The school has 200campuses worldwide. For .
UOP settled the discrimination claim brough t by LatrishElaine Tarhini, who workeed as enrollment counselor at the school’s Houston campus, and the . The EEOC and Tarhini claimec that University of Phoenix management said she wouldd not be in line for a promotio n because she made an earlierf pregnancy discrimination charge againstthe Phoenix-based company and its The EEOC filed suit against UOP in September 2008 in federapl court, claiming the for-profit universitgy violated retaliation statutes of the Civil Rightsa Act of 1964. It violates federal law to discriminate against workers who previously file discrimination claims againsttheir employers.
In the the University of Phoenix admitted no wrongdoing or according to a statement provided to the Phoenixz BusinessJournal . “University of Phoenixz is pleased to have resolved this We are dedicated to providing a work environment in whichu our employees are treated fairlgy andwith respect, and are recognized and rewarde based on their accomplishments. University of Phoenix is committed to providinyg equal opportunity in all aspects of employment and does not toleratse discrimination or harassment ofany kind,” the university statemenf read.
The EEOC said UOP will be requirexd to provide updates on other possible retaliationh claims by its The University of Phoenix is a subsidiarof Phoenix-based Apollo Group Inc. (Nasdaq: APOL). UOP has 397,000 students enrolled in its online and campus The school has 200campuses worldwide. For .
Wednesday, January 2, 2013
Phila. Workforce board study highlights costs of dropping out - Philadelphia Business Journal:
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Dropouts earn less, need more social are more frequently unemployed and underemployed and have a higher probabilityg for incarcerationthan graduates, according to the which was funded by the and the and Industry as part of Project U-Turn, a citywide campaigh to address the city’s dropout crisis. The done in partnership with the city andthe , also founed that wages, rates of homeownership and the value of owner-occupiecd homes and the likelihood of paying state and local all increased with educational attainment.
“We know our economyt has changed quicklyand dramatically, and our city’sw educational and social systems have been challenged to keep Mayor Michael Nutter said. “Thix report highlights and quantifies the economic argumentas for investingin education, and validates our emphasis and direction.” • A high schooll dropout in Philadelphia will earn $457,100 over a compared to $870,600 for a high schoo graduate, $1.178 million for someone with some college educatio below a bachelor’s degree and $2.05 million for a four-yeadr college graduate.
• The potential tax revenue gain for each high schookl graduateis $580,000, which represents the contributionn of each high school graduate ($261,000) minus the contribution (-$319,000) of each high schoo dropout. • On average, for each $1 in taxea paid by a high school dropoutin Philadelphia, high school graduatew paid $2.19 and bachelor’s or higheer college degree holders paid • Thirty-nine percent of the city’s high schooll dropouts were employed during the 2006 calendart year, compared to nearly 58 percen of high school 70 percent of those with a college education beloe a bachelor’s degree and 82 percent of those with a bachelor’sd degree or a higher college • The rate of homeownershi in Philadelphia varied from 47 percent among high schoo dropouts, to 55 percent among high schooo graduates and those households with some college education below a bachelor’sa degree, to 57 percent among households with a bachelor&rsquo ;zs or a post-graduate education.
In 2006 the mean valuse of owner-occupied homes varied from a lowof $92,070 amongh high school dropouts to a high of $262,320 among owner-householdws with a bachelor’s or a higheer degree. • Nearly 49 percent of city residents who were high schoo dropouts received one or more governmenyt cashtransfer payments, compared to 29 percent amont high school graduates and 14 percent among college graduates with a bachelor’s or a higher collegw degree. Fifty-four percent of high school dropouts received a non cashtransfert benefit, compared to 22 percent of high schooo graduates and 12.5 percent of the city’s best-educated residents.
Incidence and costs of institutionalization of adults in the statre decline sharply with increases in educational attainment. In 2006, 1.3 percenyt of all 18- to 60-year olds in the statwe were institutionalized, compared to more than 5 percenft among highschool graduates, 1.6 percent among thos e with just a high schoopl diploma or GED and 0.2 percent amongy college educated adults with a bachelor’ds or a higher degree.
The averagwe annual cost of institutionalization per adult high school dropoutr in Pennsylvaniawas $1,867, compared to $575 for a high school graduate, $232 for adult with belo w a bachelor’s degree and $57 per year among college graduatez with a bachelor’s degree or highere academic degree. The full report is availabl e onthe .
Dropouts earn less, need more social are more frequently unemployed and underemployed and have a higher probabilityg for incarcerationthan graduates, according to the which was funded by the and the and Industry as part of Project U-Turn, a citywide campaigh to address the city’s dropout crisis. The done in partnership with the city andthe , also founed that wages, rates of homeownership and the value of owner-occupiecd homes and the likelihood of paying state and local all increased with educational attainment.
“We know our economyt has changed quicklyand dramatically, and our city’sw educational and social systems have been challenged to keep Mayor Michael Nutter said. “Thix report highlights and quantifies the economic argumentas for investingin education, and validates our emphasis and direction.” • A high schooll dropout in Philadelphia will earn $457,100 over a compared to $870,600 for a high schoo graduate, $1.178 million for someone with some college educatio below a bachelor’s degree and $2.05 million for a four-yeadr college graduate.
• The potential tax revenue gain for each high schookl graduateis $580,000, which represents the contributionn of each high school graduate ($261,000) minus the contribution (-$319,000) of each high schoo dropout. • On average, for each $1 in taxea paid by a high school dropoutin Philadelphia, high school graduatew paid $2.19 and bachelor’s or higheer college degree holders paid • Thirty-nine percent of the city’s high schooll dropouts were employed during the 2006 calendart year, compared to nearly 58 percen of high school 70 percent of those with a college education beloe a bachelor’s degree and 82 percent of those with a bachelor’sd degree or a higher college • The rate of homeownershi in Philadelphia varied from 47 percent among high schoo dropouts, to 55 percent among high schooo graduates and those households with some college education below a bachelor’sa degree, to 57 percent among households with a bachelor&rsquo ;zs or a post-graduate education.
In 2006 the mean valuse of owner-occupied homes varied from a lowof $92,070 amongh high school dropouts to a high of $262,320 among owner-householdws with a bachelor’s or a higheer degree. • Nearly 49 percent of city residents who were high schoo dropouts received one or more governmenyt cashtransfer payments, compared to 29 percent amont high school graduates and 14 percent among college graduates with a bachelor’s or a higher collegw degree. Fifty-four percent of high school dropouts received a non cashtransfert benefit, compared to 22 percent of high schooo graduates and 12.5 percent of the city’s best-educated residents.
Incidence and costs of institutionalization of adults in the statre decline sharply with increases in educational attainment. In 2006, 1.3 percenyt of all 18- to 60-year olds in the statwe were institutionalized, compared to more than 5 percenft among highschool graduates, 1.6 percent among thos e with just a high schoopl diploma or GED and 0.2 percent amongy college educated adults with a bachelor’ds or a higher degree.
The averagwe annual cost of institutionalization per adult high school dropoutr in Pennsylvaniawas $1,867, compared to $575 for a high school graduate, $232 for adult with belo w a bachelor’s degree and $57 per year among college graduatez with a bachelor’s degree or highere academic degree. The full report is availabl e onthe .
Tuesday, January 1, 2013
Parks Seek Comments On Principles - GPB
karnergetajequ1416.blogspot.com
GPB | Parks Seek Comments On Principles GPB "And it's also so that when park staff come and go and move on, it's a tool for them to use to establish those guiding principles for which the park was established," Boyles says. "The National Park Service has set a goal that every unit will have a ... |
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