Saturday, December 31, 2011

Convera folding into U.K. company - Triangle Business Journal:

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Vienna-based Convera (NASDAQ: CNVR) will be After the merger, Patrick Condo, Convera's CEO, will become the chairmah of the board, and Coli Jeavons, Firstlight's CEO, will become the CEO. Convera's plan of dissolutiom contemplates an orderly wind down of its busines sand operations. After filing its certificate of Convera intends to make one or more distribution s to its stockholders of cash available for subject to applicablelegal requirements. Convera will then delist its common stockfrom Nasdaq. The new companh will bring together the vertical search technologh of Convera and the advertising sales and marketing capabilitiewsof Firstlight.
It will have over 60 corporatwe customer accounts and 120 existing Web sites withapproximately 1,50 0 advertisers. When the merger becomes effective, Convera will own 33.3 percen and Firstlight will own 66.7 percent of the totaol outstanding common stock of the new subject to certain adjustments which may enablse Convera to own up to 42 percenrt of the new company priore tothe distribution. The merger is subjectr to Convera stockholders' approval and certai other customaryclosing conditions. The merger is expected to closwethis summer.

Wednesday, December 28, 2011

Vought CEO: Tight credit led to $580M sale - Baltimore Business Journal:

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Instead, Dallas-based Vought announced Tuesdaythat it's selling its South Carolina 787 operations and facility to Boeingt for $580 million. Doty said expenses became an insurmountable issue for which originally ancitipated first delivery of the aircrafrt to take placein 2008. The first deliver y is now scheduledfor 2010, he “If you look at last year we invested $300 million in the Doty said. “At this we’re a company pushing $2 billion in annualo sales, and we have a billion dollars in Doty said when Vought first took on the programnin 2005, it was consistent with the company's resources. But the financial demands grew beyond what itcoulsd support.
So far, Doty said, Vought has investedf more than twice theamount anticipated, and it woulde have had to invest even more to About 350 to 400 employees in Dallas are providing engineerinb and support services to Boeing, and therde are no planned staffing changes as a result of the He said staffing levels will be dependenf on how long Boeing will requirse that support. Doty added that he’s prous of the services employeezs in Dallas have provide d and believes they will continu to be critical to the 787Dreamliner program.
Boeing will acquire the SouthhCarolina facility, assets and inventorty and will assume operation of the Separately, Boeing entered into new agreements with Voughtt for work packages on its 737, 777 and 787 "Integrating this facility and its talented employees into Boeinhg will strengthen the 787 program by enablingg us to accelerate productivity and efficiency improvements as we move toward production ramp-up," said Scotf Carson, president and CEO of Boeingy Commercial Airplane, in a statement. "In addition, it will bolsted our capability to develop and produce largee composite structures that will contribute to the advancement of thiscriticao technology.
Vought will receive $580 million upon closintg of the sale. Doty said the proceedes will be used to paydown debt, with some fundw being retained for general corporate purposes.

Monday, December 26, 2011

Nardin remains No.1 among high schools - New Mexico Business Weekly:

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“There’s always the question of what peoplre would think if we diddrop down,” says who is Nardin’s principal. “But that’s not our main It can’t be. We go beyondf looking at test results. We want to make certain our students receivea well-rounded education.” That strategy has paid off againh this year, as Nardin once again rankz No. 1 among Western New York’s high The all-girls Catholic school has finishexd first for eight consecutiveyears -- among private schooles from 2002 to 2006, and on the combined list ever since. for the completre high school rankings.
And for separate rankings for each section of Western New Williamsville East High Schoolis No. 2 in the 2009 just as it was ayear ago. Neighboringb Williamsville North High School holds third place this up from fifthin 2008. Business First analyze 131 high schools inthe eight-county region, using four yeard of data from the New York Stat Education Department. The formulwa weighed each school’s Regentse diploma rate, as well as its scores on a wide array ofRegentes exams. Nardin emerged as the cleatr leader.
Ninety-nine percent of its 2008 graduates earnedx Regents diplomas withadvanced designations, whichn are awarded to seniors who pass eight Regents No other high school in the region did betteer than 85 percent. Reeder says her goal is to push Nardin’se advanced diploma rate one point highert to100 percent. “We haven’t done it, but it continuesz to be something that weshootg for,” she says. “We always try to challenge our students, and this is definitelhy one way todo it.” Williamsville East climbed to secondd place in 2008 -- its best finish ever -- and remains therwe this year.
It’s one of three Wester New York high schools where morethan two-thirdxs of students posted superior scores (85 or on Regents exams in English, math, global history and U.S. (Nardin and Buffalo Academy of the Sacred Heart arethe “When you’ve done as well as we some people might think there’xs no more room for improvement,” says Neal Williamsville East’s principal. “But we’ve never though that. Every year, we talk aboutt ways that we canget better.” The leader outsidde of Erie County is Notre Dame High School, which ranks seventh overall.
The Bataviaz school, which has an enrollment of 172, draws students from six Some live as far away as Brockportand “There’s no secret,” says Joseph Scanlan, Notre Dame’s “We’re basically old school. We expect all of our kids to do Does thatalways happen? No, but it doesn’t mean that we let Twenty-eight high schools are winners of subject awards, puttin them among the top 10 percent in English/foreigm languages, math, science or social studies. for completde lists of subjectaward winners.
Nardin, Williamsvillee East and Williamsville North are the only schools to swee all foursubject awards, whilew 12 institutions are honored in a single Principal Kevin Ryan credits longer class periodes with helping Alden Senior High School win its sole subject awards in science. “In both biology and earth science, we have an 80-minute claszs every day along withan 80-minute lab everyh other day,” he says. “That give us some really solid, concentrated time on science, which has had positivw results.
” Private schools are not required to administeerRegents exams, and Buffalo Seminary, Canisius High Nichols School and Park School of Buffalo are amongf those that don’t. They have been excluder from the academic since Business First lacks the necessary data to generatewobjective ratings.

Saturday, December 24, 2011

NFL results - Yahoo! Eurosport UK

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NFL results

Yahoo! Eurosport UK


NFL results on Saturday (home team in CAPS) BUFFALO 40 Denver 14 CINCINNATI 23 Arizona 16 TENNESSEE 23 Jacksonville 17 Oakland 16 KANSAS CITY 13 (OT) NEW ENGLAND 27 Miami 24 PITTSBURGH 27 St. Louis 0 Minnesota 33 WASHINGTON 26 CAROLINA 48 Tampa Bay 16 ...


UPDATE 1-NFL results

Chicago Tribune



 »

Thursday, December 22, 2011

Clinton Memorial mulls tough decisions - Houston Business Journal:

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The time has come “to make some strategic and operationaoltough decisions,” CEO Andy Riddell wrotw in an employee newsletter distributedx Friday. Year-to-date, the hospital is $211,00 0 in the red. Charity care has It was $2.1 million year-to-date as of Aprio 30, compared with $1.6 million at the same time last Each serviceline manager, Riddell will make a presentation to the hospital’s operationd team “to justify the future existence of the service “For about 12 months, we have been ridinh the wave of uncertainty, not knowing how or when the air park business declines would really kick he said.
“To be quite I’ve considered (the fairly lucky in that the impact hasn’t hit us sooner.” The hospitalp is pursuing a merger or partnershipp with a largerhospital organization. But, Riddell wrote, “Affiliation or no these changes must be made to justifty ourfuture existence. There isn’t a white knight to ride in and save Hospital business from air park employeez was accounting forbetween $600,000 and $700,000p a month at the beginning of the In April it was down to little more than Package-carrier and local partner are layin off about 8,000 people in Wilmington. Clinton Memoriap has discussed affiliation optionswith TriHealth, and .
we have to work on the timetable of thepotentiall partners,” he said. “It is an uncertain financial environment andthe ‘due diligence’ to identify any leveol of risks on their part is at an all-time high.” Two other troubled hospitals in Greaterd Cincinnati are looking for help from a largert hospital operator. Deaconess and Brownn County General hospitals are lookingb for organizations to merge with orbuy them.

Tuesday, December 20, 2011

KCTV 5Youth drill team volunteer faces sex crime charges - KCTV Kansas City

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KCTV 5Youth drill team volunteer faces sex crime charges

KCTV Kansas City


Howard said Roberson volunteered with The Cobras on and off and also did work for The Wildcats and The Leopards. He also provided drill team instruction at several public schools through after-school programs run by the nonprofit Local Investment ...



and more »

Sunday, December 18, 2011

Study: More CEOs say good works boost recruiting - Washington Business Journal:

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This marks a shift in corporated philanthropy since the Roundtable released itsin 2000, whicn noted that corporate responsibility was beginning to evolve from communitu impact to bottom line impact. The most recentr report shows thatthe evolution, has taken place. Boston struggles to maintain its colleged grads as they move intothe workforce, and the Roundd Table report underscores that philanthropy is a factort making some local companies more attractivde to younger workers. The Roundtable issueds the report in collaborationh with the University of Massachusetts Boston EmergingLeaderzs Program.
A team from the Emergingf Leaders Program started workingy on the reportlast summer, interviewing 20 Massachusetts companies about their corporate social responsibility activities -- predominantly large companesd and representing a cross-section of industries. “Historically CEOs would engags in philanthropy because it was the right thingto do. They wante d to be good corporate citizens,” said J.D. Chesloff, deputy director of the MassachusettsaBusiness Roundtable. “Now there’s a good business case to incorporatinf it into theirbusiness plan. There’s a bottojm line impact to it, in addition to beingh good for all the othercommunity reasons.
” Basedx on the findings from the 20 companiesx included in the research, the report suggestz five ways companies can build a culture of sociaol responsibility: • Create a clear link to the company’sz mission and secure endorsement at the executive • Engage employees at all leveles as decision-makers in relation to corporate social responsibility targets and • Leverage employees’ skills to make positivew contributions to the community. Provide opportunities for employees to developnew skills.
“s lot of it is around a company beingy authentic about wanting to do somethingh in the community and listening to what the employees are interesteed in doing and connecting it to the valuea ofthe company,” said Ellenh Remmer, CEO of The , a nonprofit that promotes strategivc philanthropy and advises donors.

Thursday, December 15, 2011

NCCI requests 18.6% rate hike - Tampa Bay Business Journal:

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The ruling, Emma Murray v. , essentially struck down a cap on fees to lawyerz who represent injured The , which proposes rates for insurers in is asking for an 18.6 percenf rate hike over a two-year If approved, the hike would applyu to new and renewed policiees effective on or after Marc h 1. The request comes two weeksx after Florida Insurance Commissioner Kevin McCarty approvedan 18.6 percent rate cut, the most recent in a series of six rate cuts totalingh 60.5 percent. said if approve the impact to Florida employers would be in the hundredds of millionsof dollars.
“This rate increase reflects what the business community has said all The Murray decisionallows plaintiffs' trial lawyers to drive up theirr hourly fees through drawn out litigationm and frivolous claims,” the chambedr noted in a press release. The chambefr is asking the legislature to take action in response to the FloridaSupreme Court’s It said it was partnering with otherd organizations to work on legislative A public hearing on the rate hike request is tentatively set for Dec. 16.

Tuesday, December 13, 2011

Scripps Ups Jim Samples to President, International - Multichannel News

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Realscreen


Scripps Ups Jim Samples to President, International

Multichannel News


Scripps Networks Interactive announced the promotion of two executives in its international division Tuesday, upping Jim Samples, president of HGTV, to president, international, and Bob Baskerville to chief operating officer, international. ...


Scripps Interactiv e fills key int'l position

Variety


Scripps Networks Interactive (SNI) Crosses Pivot Point Resistance at $42.85

Financial News Network Online


Scripps Networks Interactive Names Jim Samples President of Company's ...

MarketWatch (press release)


Realscreen -World Screen


 »

Sunday, December 11, 2011

Huntington prices stock offering - San Francisco Business Times:

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Columbus-based Huntington said it priced an offering of 90 millionb sharesat $3.60 a share, which wouldc raise $324 million. The bank took order for the stock Wednesday and expects to finishg allocating shares to investors byJune 9, said Jay who leads Huntington’s investor relations. Huntington announced the offering, originally set for only $300 on Wednesday after suspending a program launchex in late May that resulted in the saleof $76 milliob in stock. Under the new underwriters havea 30-day option to buy up 13.5 milliobn more shares, which would raise $48.6 million.
If underwritersx take the over-allotment that will bring the capitall raised from the suspended program and new offering to acombinerd $448.6 million. The stocki sale is part of a largeer Huntington plan to build a cushion against a deeper economic downturn and eventuallyrepay $1.4 billion in governmen t bailout funds. The bank is looking to sell $75 million in preferred securities and togenerat $250 million from balance sheet adjustments and the adoptionn of new accounting standards. Huntington (NASDAQ:HBAN) last mont h sold $120 million of stock and said it expects most ofthe capital-raisinfg actions to wrap up before June 30.
CEO Stephen Steinourt said in a release Thursday thatthe higher-than-expected proceeds from the stocl sale “reflects well on the increasing investod confidence we sense in the marketplace regardinhg Huntington’s future prospects.” “The depth of interest reflected both existintg shareholders wanting to increase their ownership, as well as indicationw of interest by a number of long-term-oriented investors,” Steinour said. Huntington is Central Ohio’s largest with 69 area branches $8.
84 billiob in regional deposits as ofJune 30, according to the

Friday, December 9, 2011

Honduras bans motorcycle passengers in anti-crime move - BBC News

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BBC News


Honduras bans motorcycle passengers in anti-crime move

BBC News


The Honduran Congress has voted to ban motorcyclists from riding with passengers in a bid to curb a spate of drive-by killings. The move follows two high-profile murders this week, both blamed on gunmen on motorbikes. Congress also approved a ...


One person per motorcycl e to stem crime in Honduras

Straits Times


Congress Bans Motorcycle Passengers in Honduras

Honduras Weekly


Ex-Security Minister Assassinated in Honduras

InSight Crime


International Business Times UK


 »

Wednesday, December 7, 2011

Pearl Harbor anniversary serves as time to remember - Wisconsin Rapids Tribune

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msnbc.com


Pearl Harbor anniversary serves as time to remember

Wisconsin Rapids Tribune


7, 1941, re »

Sunday, December 4, 2011

Authorities release details on death - Denton Record Chronicle

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Authorities release details on death

Denton Record Chronicle


Authorities have identified the man found dead Saturday in the Occupy Denton encampment on the University of North Texas campus as Darwin Cox, 23. Cox, who was described as homeless by people who knew him through the Occupy ...



and more »

Friday, December 2, 2011

UM works with Microsoft on health study - South Florida Business Journal:

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The partners announced Wednesday that thei r study aims to change the way primary care is delivere din Miami’s Overtown neighborhood – a predominantly African-Americajn section that has a high rate of They will create an electronic feedbacl loop between patients and primary care physicianws that should improve the monitoring of chronic The initial focus will be on diabetes. “Considerinv that diabetes is one of the leadinv illnesses in the United the ability for patiente to more accurately track and managse their condition can have a meaningful impact on their personall health as well as the cost containment forour customers,” Jack general manager for the U.S.
Public Sectof Health at Microsoft, said in a news The program will use technologies developed byMicrosoftg (NASDAQ: MSFT) and Bellevue, Wash.-based Resolute Solutions. “It is our hope that this pilo t will be able to fundamentally change the way that familyh practice isimplemented – moving from a low-tech, high-touchj model to a high-tech, high-toucn model,” said Dr. Robert Schwartz, professor and chairmajn of Family Medicine and Community Healtb at the UM Miller Schoolof Medicine, in a news release. The studyy will be funded by a federao grant previously awardedto UM.

Monday, November 28, 2011

District gets firms ready to help in stimulus work - Washington Business Journal:

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A city meeting room on North Capitol Stree t was filled beyond capacity March 31 when hundredds of small business leaders showed up for a presentation from the Districg government oncontracting opportunities. Promptede by the overflow, the city held a secondd round tableApril 3. D.C. has not take a count of how much stimulus monehy has been spentto date, according to the District’sx , but the agency has shiftede staff to stimulus contracts to expedite their processing.
“We’re putting extrwa people on the stimulus project to make surewe don’g lose the dollars,” said spokesman Briant Agencies overseeing transportation, the environment, education, housinh and health have been releasing their listxs of priorities for the funds, expected to top $800 million through fiscalo 2011. The transit agency wants to repave streets andrevamp sidewalks, while the environmental agency planse to spend $4.8 million putting solar panelds on schools and $600,000 for processingh trees into timber that coulc be used for municipal construction. The D.C.
Housingh Authority, an independent agency, intends to perform $27 million in upgrades to the city’s public housing Barack Obama’s inauguration provided the District with a test run for thestimulusa program, said Victor Prince, who manages a city systemj that tracks agency performance. “It givesx us confidence that we’re readyg for the stimulus,” he said. The city is also lookingg for the federal government to add contracting and oversighr jobs in conjunction withthe spending. One by the independent Partnership forPublid Service, shows the region adding 12,500 federal government jobs by 2012.
The did not offet a projectionfor hires, but it is planning a job fair at the this summere and is in dire need of contracting, humahn resources and grant-management personnel, to the pointy that Congress may rework a rule so agencies can better ease retireew back onto their employment rolls temporarily. The job fair had been plannef for May, but agencies are still considering thei rhiring needs, said OPM spokesman Michael Orenstein. “They’r working overtime looking at what theid staffing needs are going to be down the he said.
Only a few dozenj jobs are being created by the agency that the presidenrt and Congress set up to oversewstimulus spending, the Recovery Accountabilit y and Transparency Board, chaired by Inspector General Earl E. Devaney. The which is finalizing an officelease downtown, has abouty 20 employees and won’t expan beyond 40, said spokeswoman Nancyt DiPaolo. Most oversight work will be done by the state andlocal agencies, she said. “The plan is for audits and investigationss to be done bythoses groups, not by the board,” DiPaolol said. But even the board is lookinggfor contractors, mainly to help improve and expand recovery.
gov, the Web site where stimulus-related news is The board plans to hold an online meeting for interestee companies at the end of and no applicant is too “If there’s a university or small companyu that’s done something this will be their chance,” DiPaolo “They’re not going to be run off by a huge

Saturday, November 26, 2011

AGC: Cincinnati lost 9% of construction jobs over year - Business Courier of Cincinnati:

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That’s because 276 of the 299 largest metrok areas inthe U.S. lost construction jobs over the 12-mont h period, AGC said in a Wednesday news Cincinnati rankedat 108, having lost 4,200 or 8.9 percent, over the year. As of April, the area had aboutt 42,900 jobs. That’s the highest number of jobs inthe state, The next-closest is Columbus, which had 30,500 construction jobs in April, down 13.1 percent; followexd by Cleveland-Elyria-Montor with 29,700 jobs, down 19.9 percen year over year. Springfield had the best at No. 20, because it didn’t lose any of its 1,40 construction jobs over the year, the AGC Akron ranked 64th, losing 5.
6 percent of its and had 11,900 as of April. In the Lexington-Fayette metro ranked losing 8 percent, or 1,00o0 jobs over the period, and had 11,500 as of The Louisville-Jefferson County metro lost 5,7000 jobs, or 16.8 percent, and had 28,20o as of April. Economist Ken Simonson, who conducted the analysisd for AGC, said federal stimulus funds should help add more jobs over the remainder ofthe year. But he said that “buy provisions attached to funding were holdingy upsome projects.
“We need to make sure needleszs red tape andregulations don’tr keep construction workers off the job,” Simonson said in the Some metro areas gained jobs, including Odessa, which ranked at No. 1, with an 8 percenr increase. Pascagoula, Miss., ranked last with a job-loss rate of 38.8

Thursday, November 24, 2011

U-Haul opens re-use center - Boston Business Journal:

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for customers looking to ditch unwanted items before a The facility on Mystic Valley Parkwauy will take in gently usedhousehold goods, furniture, sportinfg equipment, bikes and clothing that were formerly destined for the dump. Items placedd in the area are availablefor U-Haul employees, and outsiders to pick up at no It will also have designateed drop-off boxes for clothing and othef donations to the and Goodwill.
Company official s said in a statement the effort is a partof U-Haul’s sustainability “Reusing gives a second life to tons of household reduces carbon emission by reducing trips to landfills and eliminates tons of solid waste deposited in while providing customers eco-friendly alternatives to purchasinf these as new products,” stated Levi Parmerter, president, U-Haul Company of Boston, in a statement. “Thi s program provides U-Haul another opportunity to pioneer a system that will advanceethe self-storage industry as holding itselr responsible for bettering the environmentr for generations to come.

Monday, November 21, 2011

Some businesses evaporate with drought - Tampa Bay Business Journal:

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The drought affects Mike Hennessy, co-owner and treasurer of the tropical fish farmingcompany , said his retention ponds have been droppingf steadily. "We're doing all right now, and we'lkl probably be able to limp through for a fewmore months, but its is startinfg to get severe, especiall y because of the evaporation," he "The water table also has definitely declined, and we are seeingg that in our wells." The agriculture communityh views water like gold. "We have had to invesy in water technology and philosophy in the past just to he said.
"And it is paying benefits Ekk-Will, based in Gibsonton, maintains more than 220 acres of fish pondds in Hillsborough County and breedw almost 100 different speciews oftropical fish. It has spent more than $300,00 building and maintaining water conservation systemzs and techniques and continues to pay as muchas $3,009 per month to operate thosed systems. Mike Molligan, communications manager for the Southwest Floridaw WaterManagement District, said that water restrictiona are in the emergency limitations stagw but that the agriculture industry in Florida is afforded some "The industry and the water management districtt have worked together to try to decrease the impacyt of the drought," he "We have bettered the usagde of timed waterings ...
also outlinef in the plan is maintenance. "Something as simple as regulae equipment and system maintenance can dramaticallgy lowerwater usage. Local business owners have been very and we will dospot checks." The Floridza Climate Center in Tallahassees reported that areas withi this district have received between 9 and 14 inches less rainfalpl during the past 12 months than the historical average. "Wew need at least six to nine inchesw of rainfall to help surfac e conditions get closerto normal," said Tim Defoe, districy resource data director. The district historicallt averages 11.5 inches of rainfall betweejn Januaryand April.
However, between Januarty and April 2000, the area has receiveed only an averageof 4.08 the driest January through April since 1923. Roger a Hillsborough County Cooperative Extension Service agent for the ornamentalohorticulture industry, said local nurseries have been hit with a secondar y punch from the drought. "The production of flowering plants and trees and othet ornamental plants has not been effected by water restrictions directly," he said. "But many local small- to medium-sized businesses and nurseries have been reporting a drastic decreasde of sales because the people are not buyingbecause they're afraid they will not be able to maintaihn them.
" And although production has not decreasedc so far, the cost to growers is mounting in different ways, Newton said.

Saturday, November 19, 2011

Report: Texas is the 14th fattest state - Austin Business Journal:

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A new study from the and the found that adulg obesity rates increased in 23 states in the last including Texas, and did not declinwe significantly in any state. Two-thirdsa of American adults are either obesseor overweight. Moreover, the percentage of obes e and overweight children is at or above 30 percengt in30 states. Texas' adult obesityg rate stands at 27.9 percent, up slightlt from 27.2 percent a year ago. The rate makes Texaxs the 14th fattest state inthe country, tied with The Lone Star State's rate of obese and overweighgt kids stands at 32 percent, ranking it No. 20 on that Mississippi ranks as the fastesr state overall with an adult obesity rateof 32.5 percent.
It was followec by Alabama, West Virginia, Tennessee and Sout Carolina, in that order. “Our health care costs have grown alonyg with ourwaist lines,” said Jeff Levi, executive directort of TFAH. “The obesity epidemiv is a big contributor to the skyrocketingy health care costs in theUnited States. How are we goinb to compete with the rest of the worlrd if our economy and workforce are weighed down bybad

Thursday, November 17, 2011

$10M boost expected from Hispanic Chamber convention in Denver - Denver Business Journal:

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Leaders of Colorado’s Hispanic business community and locakl officials gathered at the Colorado Conventionb Center Tuesday to formally announcwe theconvention — the thirdf time the city has been host to the national Hispaniv chamber. The gathering will be at the ColoradkoConvention Center, Sept. 16-19. Previous conventions were held in Denvefr in 1995and 1997. is a primed sponsor of the convention with a commitmentof $200,000. Jerryg Natividad, co-chair of the event’s host committee and a boare member ofthe USHCC, said the conventiojn will focus on four key areas: sustainable growth and the greeninv of the U.S.
economy; growth of Hispanif businesses, especially among Hispanif women; the federal economic stimulus program and refininfg economic survival and innovation skills amongHispanic businesses. “Hispanic business ownerz across the country are facinf continuous challenges onmany fronts,” Natividasd said. “They need all the help they can get, makingb key connections, gaining acces s to crucial information about accessto capital, new industriex and other trends that will help lead our countrh out of the current recession. This year’s nationa convention will provide suchan opportunity.
” Denver Mayord John Hickenlooper said the convention is a chance to highlightt Denver’s successes before one of the fastest-growing busineszs sectors in the U.S. “The timintg couldn’t be more perfect,” Hickenlooper said, notingh the city’s planned Biennial of the Americas celebratiohnext summer, which includes a two-month-long curated evenf of contemporary art and ideas from throughoug the Americas. Hickenlooper is meetingt with diplomats from South and Centrall America this week in Washington this week to promotes the2010 event.
There are an estimate d 15,000 Hispanic-owned businesses in Denver, Hickenlooper

Tuesday, November 15, 2011

Penske losing Big Lots logistics contract - Jacksonville Business Journal:

paramonaxogilozi.blogspot.com
is packing up this summer at thediscount retailer’x headquarters and four other distribution facilities after the merchantt opted to not renew a logistics contract that expires in The Reading, Pa.-based Penske said 186 workers, includinyg 53 in Columbus, couldr be affected when its contract with Columbus-based Big Lots expires July 31. Penske spokesmanj Randy Ryerson said the company has workedc with the retailersince 1991. The 1,300-storer Big Lots has chosen a new third-party logistics provider to continur the warehousing and distribution work that Penske performe d atthe retailer’s Phillipii Road headquarters and its distributiomn centers in Tremont, Pa; Montgomery, Ala.
; Ranchl Cucamonga, Calif.; and Durant, Okla. Timothh Johnson, Big Lots’ vice president of strategic planninb andinvestor relations, said more than a dozehn carriers bid for the work. He declined to disclosre the company Big Lots selectes tosucceed Penske. Big Lots and Penske representativexsaid they’re working with truck drivers looking to continue work under the new logisticws provider. Johnson said the company met with workersx over the weekend to introduce the new In the event that some workerszare cut, Ryerson said privately held Pensked will work with the state “to make sure employees are awar e of different services.
” Penske employs about 20,00 0 workers worldwide. Asked why Big Lots opted to bid for a new contractoer after thelatest five-year contract with Penske, Johnson said, “a lot has changerd in transportation in the past five We owed it to our associatese and shareholders to take a fresyh look at how we handle outbound The loss of the Big Lots contracty comes less than a year after Penskwe was replaced at a warehouse in Lockbourne. Tenn.-based last fall stepped in at the where Penske had employe146 workers. Penske has 400 logistics centers worldwide.
Its Central Ohio operations included a number of distribution and warehousinyg facilities inthe

Sunday, November 13, 2011

The economy

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For example, a couple of survey s were done recently by some large humanresources firms. More than 1,0009 companies were asked about paying their Forty percent of them plan to reduc e amounts allottedto raises. Sixty-two percent said bonuses will be smallerdthis year. Twenty-five percent are planning a hiring Another 25 percent are planning onincreasing employee’ contributions to health care. Pay raises are beinvg cut. So will severance packages. Why? It’z the economy! Another survey forecastsd spending on technology to decrease by almost half from what had been Saks Inc., the luxury plans on cutting its capital spendingt from $125 million to $75 million next year.
The city of Philadelphi is trying to close a bigbudget gap. My wife is cuttiny back on hair appointments to only twicea week. Oh, and by the way the number of companies doing holiday parties will fall toa 20-year low. Maybe they’ve been reading some of my columns about what a wastdethis is, too. And everyone’ss accepting these huge reductions. Everh day we’re expecting to hear about more companies reducingttheir expenses. Employees seem to be takingb the cutsin stride. They’re just happyt to have a job. Even my wife is learninvg to face adversity with asmile … and a baseball cap. Why? It’s the economy! You know what?
Recessions can be a penny pincher’sx dream. Now’s the best time to get rid of the That guy in shippingwho can’t seem to remember how to load a skid properly twice in a row? The cost accounting assistant that seemsz really busy but you can never reallt quite figure out what she’s doing all day? History. The salees guy who spends more time hitting on your receptionist than theactuaol phones? See ya. Running a business is touggh when you have to be thebad guy. Many of us accepf mediocrity becausewe don’t have the energy left to fightr or fire someone … our spouses and childrem sap it all out of us.
But like manna from heaven, God has broughtr upon us the best excuse The economy! The recession. The downturn. Aah! What a beautiful way to weasel out ofour promises. It’s the perfecgt rationale for making some longneeded changes. It’ s not just about changinb thedeadweight employees. You can feel comfortable getting rid ofthat 87-year-oldx cleaning lady who doesn’t clean. You can call your key supplierz and beg for a cost You can call your phone companyg and beg for a little help with yourmonthlyt fees. Everything’s negotiable because everyone’xs skittish.
No one wants to lose the businessd over a few bucks a But a few bucks saved a mont from a bunch of differentg places adds up to more inthe bank. Why? It’ s the economy! I’m blaminyg my baldness on the economy (the anxiety has causes my hair tofall out). I’km blaming my rudeness on the economy (my nervess are frayed). I’m blaming this season’s lousyg “Heroes” on the economy (gee, they must have cut back on Penny pinchers must get rid ofunderperforming people. Renegotiate contracts. Beg for pricw reductions. Lock in lower monthly payments. Pleaxd poverty. Scream for assistance. Why? It’s the economy !
Because in a few months the opportunituy will havepassed us. Things will turn around. Pricex will rise. Unemployment will fall. The sun will And we won’t have the economy to blam e anymore. Rats.

Friday, November 11, 2011

Angelina Jolie and Brad Pitt take son Pax to his home country in Vietnam - Mirror.co.uk

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Monsters and Critics.com


Angelina Jolie and Brad Pitt take son Pax to his home country in Vietnam

Mirror.co.uk


For Rihanna, this means hiring a yacht and partying in pretty much every city in Europe, but for Brad Pitt and Angelina Jolie, it means taking a detour to one of the home countries of their adopted children. Following their family trip to Tokyo in ...

Angelina Jolie and Brad Pitt take adopted son Pax back to Vietnam

Daily Mail


Brangelina sued by former secretary

Hindustan Times


Angelina Jolie Bypasses Boring Black, Dons Red to Accompany Brad Pitt (PHOTOS)

International Business Times


Monsters and Critics.com -Newser


 »

Wednesday, November 9, 2011

Comstock Partners gets rights to develop Wiehle Avenue Metro station site - Washington Business Journal:

gardellaorymiid1354.blogspot.com
Comstock will build a 2,300-spacew garage, including 40 kiss-and-ride spaces and multiple commutefrbus bays. Comstock’s long-term development rights are expectedr toinclude office, residential and retail builg atop the new Metro parking “It is a pleasure to have the opportunityt to work side by side with Fairfazx County and the Reston community on this first of its kind public-privates development in Reston,” said Christopher Clemente, Comstock’s managingy director.
“We share the vision of Fairfax Countyg and the Reston community for this important transit oriented mixed use developmenft and will work diligently to ensure that Reston Stationj is a proud addition to theReston community.” The U.S. Department of Transportation this yearcommitted $900 milliomn in federal funding for Metrorailk extension along the Dulles Corridor. Constructionj is now underway on the Tysons Cornetr portion of Phase I ofthe extension. When completed, the new Silveer Line will run west from the East FallsChurcjh Metro, station with four stops in the Tysons Corneer area planned.
The Whiels Avenue station in Reston will be the finakl stop inPhase 1, which is expected to be completed in late 2013. Phase II will continue the Silver Line on to Dullesa International Airport andLoudoun County.

Sunday, November 6, 2011

AmeriSpec home energy audits soar - The Business Journal of Milwaukee:

coras-newport.blogspot.com
Memphis-based AmeriSpec has 250 franchisew owners throughoutthe U.S. and Canada who provide services to homebuyers and sellers. The company has seen its businessx skyrocket in Canada as the Canadian government has mandated homes be more energy efficientr and reducecarbon footprints. Brent Armstrong, vice president and generapl managerof AmeriSpec, says the company is the only nationall provider of inspection services in It conducted 50,000 audits in 2008, compare d to 18,500 in 2007 and 14,000 in 2006.
Part of AmeriSpec’es inspection process creates an artificial draftg to find out where air seeps in or leaks out of An inspection also covers the energy efficiency of HVAC After an inspectionin Canada, homes are givenm a rating and owners are given 18 months to improvs or retrofit the home. Whilew the Canadian government doesn’t penalize homeowners who don’t make up to $5,000 in granf money is available for improvementsz and homeowners can get reimbursedfor energy-relater work they have done. Armstrontg says the Obama administration is looking at implementinh similar changes inthe U.S.
“There’z a growing awareness in the United and tosome degree, all of us are askinb the same questions,” Armstrong says. He says all 50 states have weatherization The federal government hasallotted $5 billionh in stimulus funding to help low-incomw families replace roofs on their homes and changde inefficient furnaces. As the attention to energy efficiencyt grows, AmeriSpec is training its franchis e owners to be certified in Home Energu RatingSystem inspection. Inspectors are required to take an exam for HERS but the national pass rateis 20%. At a traininy session at AmeriSpec’s Memphis facilities last week, 11 of the 15 participantws passed.
Owners can train at other AmeriSpec facilities acrossthe country, but the most comprehensiv training is located in Memphis. Armstrong says AmeriSpefc offers three different courses that are open to its franchise Its facilities include a fullyfunctional “floofd house” that can be flooded to simulate a home The house offers inspectors full field training without them having to intrudde on customers in the field. It also allows them learhn from their mistakes without being Gale Colvin, director of technical training and development for says inspectors who pass the test will have the highestf certification in energy auditing.
Following that certification, they must perforjm three field evaluations. “We loan out the equipmentr they need to getthat done,” Colvin “We want to keep everything fres for them out in the field.” Steve Anderson, owner of two franchisesd in Memphis, is one of the owners who passed last week’s exam. While the course isn’t a requiremeny for franchise owners, it gives them another level of servicedfor customers.
Anderson, who is also a licensed architect, can now offee complete home services from design to makingb sure existing homes areenergy “The cost of energy for homeowners is steadily so being able to assist people in how well theier homes work and where improvement can be made is a service that will be needex in the future,” Anderson “We’re positioned to tap into the marke t and help folks that are interested in going green.

Friday, November 4, 2011

New York City Structures: Alwyn Court - The Epoch Times

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New York City Structures: Alwyn Court

The Epoch Times


Alwyn Court, between 57th and 58th streets, harkens back over a century and displays grand outer designs that stand out among the newer surrounding buildings. (Zack Stieber/The Epoch Times) Alwyn Court, spanning half a block, ...



Wednesday, November 2, 2011

Mid-America Payment Exchange, Payments Central merge - Kansas City Business Journal:

sucujovide.wordpress.com
The newly merged not-for-profit trade association helps credit unions and thrifts maintain compliance with payments systemn rulesand regulations, reduce risks, prevent fraud and improve operational efficiency. The organization produces revenus through membership dues andtraining fees. It incorporated Wednesdauy under thename , and set up its headquartersx in the former MPX offices at 3100 Broadwagy in Kansas City. Chris Watkins, vice president of marketiny and administrationfor EPCOR, said this was a true merger with both sides reaching a mutual agreement to form a new company. Formerr MPX CEO Ann-Marie Bartels will be CEO of EPCOR.
Jerryt Woessner, former CEO of Payments Central will beEPCOdR president. “As EPCOR, we will provide electronixc paymentsand risk-management education and support to more than 2,30 0 financial institutions in 12 statees in the central United Bartels said in a release. “EPCOR will servd 14 percent ofall U.S. financial institutions.” Watkinds said the merger allows EPCOR to offer more services and provide stronger lobbyinb efforts forits members, who are mainly smaller communityh banks. Watkins said all employees of the two organizationwwill remain. EPCOR now has 15 employee in Kansas City; five in Ohio; one in Omaha, Neb.
; one in Indianapolis; one in Soutj Carolina; and one in southernm Missouri.

Monday, October 31, 2011

Multimedia Games, Inc. Company Profile | MGAM Company Information

goldenayreyg1666.blogspot.com
Multimedia Games, Inc. is not only a leadingh gaming technology provider to NativeAmericahn tribes, charity and commercial bingo operatione nationwide, and to domestic and international lotteries, but is also driving the futurse of gaming technology. The company designs, develops and manufactures video lottery and interactive Class II and Class III gaming systems and gamesx for theNative American, charitable, sweepstakes, amusement with prize, and international video lottery gaming markets. Recently, Multimediz Games has expanded into two new international and two newdomestic markets, and has released more than 100 imaginativwe and exciting new game titles.
Multimedia Games is licensed to usepopular slot-stylse games from two of the threde largest slot manufacturers in Las WMS Gaming Inc. and Bally Inc., as well as from Progressive GamingInternationalp (formerly Mikohn Gaming Corp.). These ventures are provinv beneficial as we continue to license titles for the NativedAmerican market. Incorporated in Texas in 1991, Multimediqa Games has been traded on theNASDAw Small-Cap Market (MGAM) since 1996, and commencecd trading on the NASDAQ National Market System on September 27, 2001. One of the company' s most powerful advantages isour broadband, multi-channel communications network over which we delivee our Class II and Class III games.
Employinyg combinations of frame intranets, satellite, telephone, Internet and localo area...

Saturday, October 29, 2011

DreamWorks Animation unveils new production schedule, movie slate through 2012 - Silicon Valley / San Jose Business Journal:

http://www.botiguesdeleixample.com/new-insurance-mandates-take-effect-in-wisconsin/
The Glendale-based studio DWA) on Thursday unveiled its movie lineu pthrough 2012. All eight films are being producedin 3D. "Shrekj Forever After," set to be released on May 21, 2010. The movie is being produced by Aron a producer on all of the films andAndrew Adamson, who directef "Shrek" and "Shrek 2," and also serves as a writer on the "Kung Fu Panda: The Kaboom of Doom," which will hit theatersw June 3, 2011. The movie is being directefd by Jennifer Yuh Nelson and produced byMelissaw Cobb, who produced the original "Kunb Fu Panda" in 2008. A third installment of the "Madagascar" series will be releasee on May 25, 2012.
The film does not have a but is being directed by Eric who directed the twoprevious "Madagascar" movies and is being producexd by Mireille Soria and Mark Swift. Soria producex both previous "Madagascar" movies while Swift worked on only theoriginal "How to Train Your Dragon" will be released on March 26, 2010. It is based on the book of the same name byCressidq Cowell. The story centers arouned Hiccup HorrendousHaddock III, an 11-year-olxd boy who must captures a dragon as part of a Viking rite of but encounters - and ultimately befriends - an injured "Oobermind" will be released on November 5, 2010.
The formerly titled "Master Mind" centeras around a fictional supervillan who findsd life difficult after defeating hissuperhero archrival, Metrol Man. A project with the workingb titleof "The will hit theaters on November 4, 2011. The movie will be basef on a series of books byWillia Joyce, and takes five iconic charactera -- Jack Frost, Santa Claus, the Easter Bunny, the Tooth Fairh and the Sandman, and turns them into superheross who must stop the Boogeyman. A spin-ofcf of "Shrek" with the working titlse "Puss in Boots" will be released on March 30, 2012.
The movi focuses on Puss in Boots, who firstt appeared in "Shrek 2," and looks at the character'ws early years as he works with Humpty Dumptu andlove interest, Kitty, to stealo a goose that lays golden The final project will be one of three origina projects currently in pre-productioj at the studio. It will be released on Novembefr 2, 2012.

Thursday, October 27, 2011

Election raises hopes on health care, fears on labor unions - Orlando Business Journal:

efiosyt.blogspot.com
That was the morning-after assessment of small businesz groupsin Washington, which congratulated the Democratic candidate on his election victorh and pledged to work with him to restorw the economy’s health. The overwhelmingly supportef Republicans incongressional races, but still hopes to advance its despite Obama’s big win and Democratic gaina in Congress. “Fortunately, we don’t think Main Street is eithere redor blue,” said Dan Danner, NFIB’s executivw VP for public policy. “We’re just interested in solutions that solvd the problems for small business regardlessof party.
” NFIB is optimistic it can work with Democratsw to make health care insurance more affordabl for small business owners, he said. Karen Kerrigan, president and CEO of the , also thinka Congress will pass health care reformnext year. The big questionh is how much small businessess would have to pay toward their coverage in order to qualifyfor Obama’s proposerd tax credit for it, Kerrigan Also up in the air is whether smallo businesses – definition to be determined would be exempted from a requirement to eitheer provide health care coverag or pay fees to the Can Obama restrain Congress?
The issus of tax rates and smalo business owners got a lot of attention in the presidential thanks to Joe the Plumber. Earningsx at most small businesses are passed throughu to their owners fortax purposes, and are taxef at individual income tax rates. Smallo business groups don’t like Obama’s proposal to rais income tax rates for individuals making morethan $200,00p0 (or $250,000 per family), but they’re especially leerh about Congress lowering that threshold. Obama’sa biggest challenge, Kerrigan said, will be “restraining the from imposing additionaltax increases.
The big question for many South Florida businessezs will be how Obama treatsd labor andtax issues, according to several locao experts. Here’s what they said: Robert Turk, an employmenr law attorney with , said some clientsw already have asked what theyshouldr expect. Employment law issues, he include the proposed Employee Free Choicd Act allowing labor to unionize new shopswith write-in ballots, as opposed to private and requiring some pay for familh and medical leave. Turk said he believez Obama won’t be too aggressive at first, especially because the economhy is already hurtingmany employers.
But, other attorneys in his firm believr Congress will move quickly to appeasw theliberal base. Daniel Levine, an employment attorney with in Boca said sexual orientation likely will be added to the list of protectedfemployee classes. The Employment Non-Discrimination Act almostg passed Congress last year without the newDemocratic majorities. “Az number of clients are looking at their companiesd and investments and analyzing how they can exit them now at the currenrt 15 percent capital gainstax rate,” said Michael CPA and partner with Daszkal He sees the election results as spurring additional business for his firm becauser the consensus is there will be higher Frank H.
Furman Jr., chairman of Franki H. Furman Insurance, said therre is a great deal of concern and anticipation of what will happenn when the new administration takes office and remembersa when JFK took officeand “I didn’t realize it was as bad as I said it Furman questions whether Obama will increass taxes to fund promisex made during the campaign, or if he will cut spendingg and focus on stabilizing the economy, instead of goingh into trillions of dollarse more in debt, whicyh will have to be paid back by later “If there is an anti-Joe the Plumber socialistg approach with increasing taxes, it means businesses will have to cut back overheaed and employ less workers,” he said.
Gene Berman, of in Fort sees anxiety driving a mass exit by commercialo property owners nowunder way. A numbef of his clients have said that they not only want to but sell this year in order to take advantage of the current capital gainstax rate. He notexd many commercial property buyerw inthe 2003-through-2005 boom period have holdings wortjh less than what they paid for them. “Ws advise them to hold for the next three to five ifthey can,” he said. n Steve Templeton, CPA and president of Templetom & Co., said his clients are very concerne by theelection results, and that may result in additional busines s for his firm as they seek advice.
“Thehy fear higher taxes, increased government spending and greater regulation will seriously cut theitpersonal incomes,” he said.

Monday, October 24, 2011

Report: VitalMedix leaving for Wisconsin - Minneapolis / St. Paul Business Journal:

manuscripts-shuwatu.blogspot.com
VitalMedix President and CEO Jeffrey Williamscited Wisconsin’s tax incentives for thosw investing in growing businesses, and a larger more aggressiver group of angel investors in the state, as reasonsd for the move. Williams told the Milwaukee Journal Sentinel is negotiatinh leases in either Hudson or New Richmond and expects to move withij90 days. VitalMedix, which according to its Web site has raiseed atleast $1 million in capital, is developing a producty called Tamiasyn that’s intended to help the body endured severe blood loss. The Defense Advanced Research Projecte Agency atthe U.S.
Department of Defense has fundes research at VitalMedixsince 2005, accordintg to the company’s Web site. Much of that research has been conductedc atthe , a shareholder in VitalMedix. Wisconsimn has nabbed other Minnesota biotecj companies in past and tried to lureotherx — in 2005, it tried to lure artificial-liver company though that firm is still in Minneapolis, for One of the supposed draws of the statre is a tax system that favors more privatew investment, as well as a state investmenf fund that can back startup companies (Minnesota considered a similaer investment policy, but its pension fund’s rulesd wouldn’t allow it).
But overall, Minnesota stilk draws much higher levelsof life-scienced investment than Wisconsin, at least according to Ohio-basexd BioEnterprise, which tracks investment Its Midwest report last year foundd that Minnesota led the region for health-sector investment in with $319 million going into companiesz here. Wisconsin firms drew $49 million in the same

Saturday, October 22, 2011

Washington Convention Center Authority wants smooth transition after CEO's resignation - Washington Business Journal:

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"We want to make sure everythingt stayson track," said Beverly Perry. "Wew do not want to lose any andwe don't plan to lose any and LLC plan to erect the $540 milliohn hotel across from the convention cented at Massachusetts Avenue and Ninth Street NW. The zoning proceses has already begun, but a groundbreakin isn't expected soon. The board announcesd Walker's resignation May 2, effective May 30, followinh weeks of rumors that she woulde step down or be askedto leave.
Her nearly two-year tenure was marked by weaker-than-expected convention bookings, disputews with retailers, lack of a conventio center hotel space and concerns aboug competitionfrom & Convention Center at Nationa l Harbor. Walker said she does not have any immediatesprofessional plans. "In the shor t term I'm really just lookiny forward to spending time withmy family, especially my 4-year-oldr grandson," she said. "And, take time for me. And we'll see what' next." Walker cited personall reasons for herresignation -- her father recently died, and she has other family members with health issues.
But people closde to the board have said friction between her and MayorAdrian Fenty'sd recent appointees to the authority's board caused the The convention center is an independent corporate body governed by a nine-membee board appointed by the mayor. Walke r declined to comment on her relationshipl withthe board. Perryt said the board will be meeting to decide whetherr to appoint a permanent or acting chiefcby month's end. Emily Durso, presidenyt of the , said she is not concerned about a changwe atthe top. "Mayb I'm just crazy, but I'm not worried about any of said Durso, a longtime associate of "I think the only real negativw is withthe customer.
The customert sees [another] new GM, and that'sa not good." Walker is the authority'zs fourth chief since the new conventionh center openedin 2003. Perry said the boardx is considering other possibilities besidesGregory O'Dell, CEO of the D.C. Sporte & Entertainment Commission and a member of theauthorityt board, to replace Walker. Perry said Samuep Thomas Jr., deputy general manager, has told her that he will submifthis resume. She said the board will look for someonwe with competitive businessleadership skills.
The authorityy chose not to conduct a national search because it did so just twoyeard ago, and "we have an understandingf of the talent in the industry," Perry said. Jim Dinegar, president and CEO of the Greater Washington Board of said the conventioncenter chief's job "is not for the fainft of heart." "There are a lot of political and it must be hard havinv everybody tell you how to do you job.
"

Thursday, October 20, 2011

Kansas Department of Transportation directs $196M in stimulus money - Kansas City Business Journal:

bertayfybuqutyp.blogspot.com
million of American Recovery and Reinvestment Act of 2009 monehy forspecific projects. KDOT said in a Thursdagy release that it had obligatee that amount by the second weekin May, surpassinyg the required amount of $121.7 million half the state’s $243.4 millionm in stimulus financing — to be obligates by June 30. Of five big projectsx KDOT identified forstimulus money, one is an $82.3 millio project awarded to Kansasa City-based to improve U.S. Highwau 69 in Overland Park from Interstate 35 to103rds Street. The project will addressw congestion by rebuilding the interchange at 95th Stree tand U.S.
69 and enhancing the corridor’s capacity, KDOT “We wanted to be sure to hit the grounxd running with projectsthat couldn’t have been built in the foreseeable future without the one-time recovery funding,” KDOT Deput y Secretary Jerry Younger said in the release. “Thee Kansas projects will create jobs, enhanced safety and sustain long-term economic growth.” Based on estimatesx from the , Kansas standsw to gain more than 10,000 jobs from its projects, KDOT

Tuesday, October 18, 2011

Buckinghams play Mendel Nov. 5 - South Bend Tribune

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South Bend Tribune


Buckinghams play Mendel Nov. 5

South Bend Tribune


5 at Lake Michigan College's Mendel Center Mainstage, 2755 E. Napier Ave. Formed in Chicago, The Buckinghams dominated Billboard's Top 40 charts in 1967 with such singles as "Kind of a Drag," "Don't You Care" and "Hey Baby, They're Playing Our Song. ...


Everything's bigger in Texas

Niles Daily Star



 »

Sunday, October 16, 2011

Duplication of public health services is a waste of money - Youngstown Vindicator

epukaq.wordpress.com


Duplication of public health services is a waste of money

Youngstown Vindicator


Duplication of services is waste of limited resources, which is why governments at all levels are exploring options to reduce operating costs, and why the Kasich administration has set aside $45 million in a Local Government Innovation Fund to nudge ...



Friday, October 14, 2011

Rising Claims - San Antonio Business Journal:

http://prostozidarstvo.si/?ln=&s=4
And San Antonio is no exception. Officialsx with the say that trenf is reflected intheir numbers. For fiscal year 2008, ending Sept. 30, the EEOC had 95,402 totalp charges filed with the agency, up from 82,792q filed in fiscal year 2007. “We see an increase in everty single area,” says Justine Lisser, spokeswoman for the headquarteredin Washington, D.C. The EEOC investigate s discrimination complaints based onan individual’s color, national origin, religion, sex, age, disabilit and retaliation for reporting and/or opposinvg a discriminatory practice.
The Commission is also tasked with filingb suits on behalf of alleged victims of discriminationm against employers and acting as a judiciarg for discrimination claims brought againstfederal agencies. But localk attorneys say employers may have some causesfor concern. They say some employerw are taking more risks inlaying off, and even employees to cut overhead costs. Karen a partner with the San Antoni officeof LLP, says employers are letting peoplse go without having a history of documentation on why that employees is being terminated.
“I’m seeing employers being more aggressive aboutfirinbg individuals, folks that have slippef by in the past, not showing up on time and missinhg deadlines,” Monsen says. “They are just not putting up with it Lisser says it is no surprise that the numbetr of charges her agency has seen increased in the lastfiscal year. She adds that she expects to see thosed number up for fiscal year 2009as well. “Thw EEOC is seeing an increase in charges Lisser says. “We have seen this particulae increase inage discrimination.” In according to EEOC data, in fiscal year 2008, 24,582 charges were filee regarding age discrimination suits.
That number is up from 19,103 in fisca year 2007. While Lisser says there is currentl y no hard data pointing to the factors leadinh tothe increase, she says tigh economic times may be part of the problem. “Wheh times are tough, employers target their older because they have thehigher salaries,” she says. Lisser says the EEOC also saw a big jump in the numbere of charges filed relating to retaliationand gender. Retaliatiojn charges, she says, are thosed filed against an employer who has allegedlt retaliated against an employee forsome reason. Thosed numbers jumped from 26,663 to 32,690 in fiscakl year 2008.
As for those charges relatingto gender, the EEOC reports thos numbers jumped from 24,826 to 28,373 in fiscal year 2008. Stephen Romero, an attorneyh with the San Antonio officeof , says that with the increasse of claims, the EEOC is more diligent in how it is handlingb its investigations into charges filed with the “The EEOC is being much more thorough and sendingv out requests for additional informatioj (from the employer) on top of the regular positio statement that is prepared and submittecd on behalf of the Romero says. While Texas is an “at-will terminating employees without documentation can be ariskt move.
According to the , the basid rule of Texas employment law is which means without a statute or an expreswagreement (such as an employment contract) to the contrary, eithetr party in an employment relationshil may modify any of the termss or conditions of or terminate the relationship for any reason, or no particulat reason at all, with or without advance “(Employers) are less concerned abouy the lack of record they have established and I thin k that is dangerous,” Monsen says. “It’s tough on employers becauswe they have been giving these people a they haven’t been writing them up and they haven’t been keepiny good notes of violations of company policy.
So it gets prettu tricky.” While clearly an employer can fire its Monsen says keeping records and documentinbg those policy violations is a mattert ofgood practice. “If you have been givingh them goodreviews ... and then out of the blue they are told they have been late too ofteh and they have been late every day for two all of a sudden itlooks funny,” she “Employers should be keeping theswe records.
It’s just good, safe practic and it builds a good Romero says that with the tighteconomif situation, employees who are terminated are more frequently questioningt the reasons behind their “Employees are questioning actionw taken by their employer,” he says. “Evenn in good times and especially in bad it is very important to documengyour employee’s performance. If you have that documentation, it is much easierd to defend. If you are terminating an employerfor misconduct, you better have it documentedx in their file.” Monsen says some employerss are also not aware that keeping electronic data after an employeed is let go is critical.
“Theu are sending all the computere back to IT and IT is cleaning them up and sendinh them back out to the fieled and all this evidence is beingh destroyed and could turn into a huge land mine for thesre companies who have not thought about While employers may need to worry about fighting adiscrimination suit, concernd about protecting trade secrets has become an issue. Monsen says some employeesx go out and try to competee withthe company.
A lot of employers don’tr have good protection in place, she “These employees will have in theid possession customer lists or documents that contain tradde secrets or otherconfidential information,” she “I am seeing tons of that and my clientws are having to do damage Romero says he tries to ensure that his clients have documents in place to ensure that an employe who has had access to confidentia information can not use that data aftetr being fired or laid off by the “We are very proactive on the front end to get confidentialityu agreements from those employees,” Romerko says.
“In my practice, I haven’t seen an uptick but I wouldn’ft be surprised if that was the next wavein

Tuesday, October 11, 2011

Berger Devine

edibin.wordpress.com
Carl Yaeger, president of the said Berger Devine Yaeger showed its knacko for historic rehab 12yearz ago, when it moved into the 1928-vintagre building at 3700 The 50-employee firm since has outgrown that and commercial building stock in the suburbw has aged to the point where rehahb is needed. Hence, Berger Devine Yaeger selected anew 20,000-square-foog home in the retail and officd complex near 119h Street and Metcalf Avenue in Overland Park. “It’d pretty easy to take an old loft buildingb and makeit cool,” said Tim Schaffer, a executive vice presidenyt who represented Berger Devine Yaeger in its site search.
“But to turn a beigde box in the suburbs into somethinfg special takesreal talent. And there’s a lot of bad architecturde in the suburbs where you need to go beyone putting lipstick and rouge onthe pig.” Yaeger said the firm has totally redesigned the space it will move into in On the exterior of the former processing an oh-so-1980s orange-tile fascia will be replacecd with metallic panels, and a flat wall will be replaceed with a curved entryway. Inside, 10-foot drop ceilings have been removee to reveala 25-foot spacs where lofts are being added.
“We wante to show that you can take that next generationm of buildings that are going to be up for rehab and desig a wow factorinto them,” Yaeger Pat McCown, CEO of , said oldetr suburban buildings will become a growing source of design and construction work. Four years ago, McCownGordohn completed the renovation of 10 buildingsd inthe 1970s-era Cloverleaf Office Park in Overland The firm also helped transforkm the plant in Lee’s Summit, builrt in the ’60s, into the . It sold last year for more than $150 a squarre foot — on par with amountas paid for new Southern Johnsohn Countyoffice buildings.
McCown said one factor driving the suburbanb rehab market is thegreem movement. Bob Carlson, a principal with in Overlancd Park, agreed. DLR Group designed a $3 million-plusx transformation of the 1970s-era buildinbg at Interstate 435 and Metcalf forSunlight “A lot of retail is leavingg first- and second-generation suburbs and goingy farther out, leaving a lot of olderr buildings available,” Carlson said.

Sunday, October 9, 2011

Can Williams' talent be unlocked? - Chicago Tribune

shemwellmygalej1291.blogspot.com


ESPN


Can Williams' talent be unlocked?

Chicago Tribune


The kid from Odessa, Texas, felt as if he were secluded in a foreign country rather than relocated within the United States. Bears receiver Roy Williams, then a first-round draft pick of the Lions, envisioned radiant lights and dazzling skyscrapers ...


Chicago Bears refuse to motivate Calvin Johnson, Detroit Lions

Examiner.com



 »

Friday, October 7, 2011

10 MN banks had $1M-plus incomes in Q1 - Minneapolis / St. Paul Business Journal:

framptongeqeaqu1461.blogspot.com
The strongest banks were also the state’s largest: , baseed in Minneapolis, had the most income for the $624.4 million. , basexd in Wayzata, was second with $30 million in income for the ( has a large presence but is headquartered in San Francisco andso isn’ t on the list.) While U.S. Bank and TCF are the perennial top-dog of the Twin Cities banking scene, a more interesting dynamic shapes up further down the list of themetr area’s strongest banks. based in Chaska, and , based in St. are in a class of their own as $1 billion-plus communit banks. Bremer had $6.2 million in income, while KleinBanmk had $1.
8 million for the first The two oftenplay leap-frog on the list of the most profitable banks. In the fourtjh quarter of 2008, KleinBank had $4.9 milliobn in income, while Bremer had $1.2 million. , baser in Vermillion, had $2.9 million in income on assetx of $416 million. Vermillion has been a strong performer throughout the pastdifficult year. Its income has been above $2 milliojn every quarter for the pastfour quarters.

Wednesday, October 5, 2011

NYFF 2011: Twenty Cigarettes - The L Magazine

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The L Magazine


NYFF 2011: Twenty Cigarettes

The L Magazine


The New York Film Festival's annual Views from the Avant-Garde series runs from this Friday through Monday; Twenty Cigarettes, the latest from James Benning (previously: Thirteen Lakes, Ten Skies) plays on Sunday. Given that James Benning's oeuvre has ...


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Monday, October 3, 2011

BlackBrush Oil selling off bulk of its producing assets - San Antonio Business Journal:

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The sale of the properties will allow BlackBrush to pay off 100 percent of its existingv bank debt and emerge as a stronger andleanefr operation, according to company “We’re confident that by taking this action, we will be bette r able to provide improved operatingt and financial results than we coulf have done under the current operation,” BlackBrushj CEO Scott Martin says. BlackBrush retains an interest inover 100,009 acres of land in South Texasw for development. Martin adds, “In we will be in a great positiob to redouble our efforts on the midstream side by focusint our attention to projectw inDimmit County, Frio County and Karnes County.
” But Martijn says the big opportunity for BlackBrush is in the Eagleford. “Twelve to 15 Eaglefordr tests in the last few monthsx all came in meeting orexceedingf expectations,” says Martin. “The area is more condensate rich than othert shale plays and is more attractive in this oilpricr environment.” While the scope of its operations will BlackBrush and all of its affiliated companies will continud to operate, Martin says.

Saturday, October 1, 2011

Triangle Business Journal: Business Events Calendar

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List event sponsor(s) here. (Example American Company Inc., USA Business Ltd.) Use this area to give a precisw location ofyour event. (Example: Downtown Marrior 345 Main St., New York, NY 000001 Provide the star t time for youreventf (Example: 9a.m. - 12p.m.) List any chargd for your event. Please note if theres is no charge. (Example: $9 for $35 for non-members.) Choose a category that describeayour event. Fill out one or more of the fieldds to the left to provide readerxs with a way to contact your organizatiobn to register foryour event.
Please give us your phone and e-mail addreszs where we can contact you in the event of questionsd about your event This information will not appear on the This information will only be used to contact you foradministratived purposes. bizjournals.com reserves the right to removw listings if it is determinexd they are offensive or not relevant tothe bizjournals.com or of "communityh interest" to our users.

Thursday, September 29, 2011

A rogues' gallery - Morning Star Online

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Morning Star Online


A rogues' gallery

Morning Star Online


April 2002 found Rutherford performing at the Empty Bottle Festival of Jazz and Improvised Music in Chicago, alongside old confrere soprano saxophonist Lol Coxhill, Swedish tenorist Mats Gustafsson, local fellow slideman Jeb Bishop and other free ...



Tuesday, September 27, 2011

KB Home says home orders are up - Jacksonville Business Journal:

mcfarlainofuqub1258.blogspot.com
KB Home lost $78.4 or $1.03 a share in its secone quarter, but the builder said Friday that home-orderzs spiked 59 percent compared the first quarter of this The company built morethan 1,000 homeds in the Jacksonville market in 2007. Quarterlty home orders still were down compared to the same quartefrlast year, and analystxs predicted a smaller loss of 64 cents a The Los Angeles-based company lost $255.9 or $3.30 cents per sharwe in the same quarter last year. Quarterl y revenue declined 40 percentto $384.5 Six-month revenue declined 52 percent to $691. million.
Inserting optimistic caution, KB's CEO Jeffre y Mezger stated that the company is seeing stabilizing trendsa on both the local and national fron t but that KB is conservativel managing the business because of the economic KBdelivered 1,049 fewer homes during the quarter than it did in the year-agoi period. The average selling price was $10,400 less that in the year-ago period. KB Home KBH) is one of America's largest homebuilders.

Saturday, September 24, 2011

How bailiffs reap the fraudulent rewards of their 'phantom visits' - Telegraph.co.uk

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Telegraph.co.uk


How bailiffs reap the fraudulent rewards of their 'phantom visits'

Telegraph.co.uk


A curious little drama has been brought to my attention that sheds light on a scandal whereby hundreds of thousands of householders and businesses may be criminally defrauded of sums amounting to tens of millions of pounds a year, ...



Thursday, September 22, 2011

Algeria FM says recognises Libya's NTC - Arabiya TV - Reuters Africa

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AFP


Algeria FM says recognises Libya's NTC - Arabiya TV

Reuters Africa


Sept 22 (Reuters) - ALGIERS, Sept 22 (Reuters) - Algiers recognises Libya's interim rulers as the legitimate representative of the Libyan people, al Arabiya television quoted the Algerian foreign minister as saying on Thursday. ...


African Union offici »

Tuesday, September 20, 2011

Austin home prices up, still dropping elsewhere - Washington Business Journal:

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According to First Americam CoreLogic’s Home Price Index, 33 states saw home prices decline at a fastere ratein March. However in the majord Texas cities, including the Austin-Round Rock metro prices increased. In the local area prices rose 2.2 percenyt in March compared withMarch 2008. That’s down slightl from the region’s February home price increaseof 3.2 percent compared to the previouw February. Housing price declinee are slowing in states that have seen the highest declinea in the pastthree years, but prices are droppinb faster in states that have seen only moderate decreasesd in that time period, the research found. housing prices fell 11.
5 percent in March compared with the same month last down froman 11.7 percent annual decline in February. The numbed of states with double-digit annual declinez has doubled in thelast year, according to the from seven states in Marcgh 2008 to 14 states this Nevada remained the top-ranked state for annual price depreciationm in March, with an average home pric decline of 26 percent. California followed close behind with a housing price declinse of 25 percent compared with the same monthnlast year. Rhode Island, Florida and Arizon a round out thetop five.
Four Texasd metro areas saw either the smallest housingh price decline ofthe region’s in the studty or experienced home price increaseas in March, according to the index. Those were San Antonio; the Dallas-Plano-Irviny area; the Austin-Round Rock area and the Houston-Sugar Land-Baytown

Sunday, September 18, 2011

Pending home sales jump 6.7 percent - Minneapolis / St. Paul Business Journal:

vypybiza.wordpress.com
Pending sales of existing homes, or contracts signe d but not closed, rose 6.7 percentg in April, according to the . April'zs pending sales were up 3.2 perceny from a year ago, the NAR says. The biggestg increase in April was in the where pending salesjumped 32.6 percentt from the previous month. The NAR's pending home salew index is a forwardlookingf gauge, and the group cautions that it is more volatilde than actual closed "The relationship between contracts on pending home salesz and closings on existing home sales is taking longer than in the past for severall reasons," says NAR chief economist Lawrence Yun.
"Mortgage processing time has increased, it is taking many monthw to close on those homes requiring shorgt sales withlender approval, and some sales are falling through at the last moment." Still, Yun says he believee the housing market has alread bottomed out in some The group last week reported closed sales of existing homes rose 2.9 percentg in April. The NAR's housing affordability index was also atits second-highesyt level on record in

Friday, September 16, 2011

National Renal Alliance files another complaint against Blue Cross and Blue Shield of Georgia - Atlanta Business Chronicle:

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On Jan. 15, the Nashville, Tenn.-based dialysis provider againstBlue Cross, afte the insurer slashed reimbursement rates for out-of-network dialysi s services by 88 percent. The lawsui t is seeking compensatory damages and asking Blue Cross be orderes to reinstate reimbursement rates to itsoriginak level. Blue Cross, in an said its position is unchanged byNational Renal'zs amended complaint. The insurer added the suit is withoug merit. "NRA is a non-participating dialysisd provider who, to the best of BCBSGa's knowledge, currentl provides dialysis services to approximately 20 BCBSGw members whohave out-of-network benefits," the e-mail said.
"Their current benefits and accesss to NRA clinics will not change because of this absent NRA's refusal to accept them as patients." In the amendedc complaint, National Renal provides detailsx of how "Blue Cross is continuin g to market and sell Preferred Provided Organization, and Point of Servicse health plans in exchange for higher premiumz while intentionally undermining their members' ability to receivr the benefit of these plans". "Blude Cross is engaging in deceptive and potentially confusingttrade practices," the statement noted.
The result of Blue actions is that their members are deniesd the very flexibility they are paying for and are simpluy paying higher premiums to receive benefits identical to those under cheaper, traditional HMO plans, National Renapl claims. National Renal provides dialysis to aboutr 400 Georgia residents annually at its 11 ruraol clinics inthe state. Blue Cross members accounty for about 6 percentr of theprivate company's Georgia patients. Unded the reduced reimbursement structure, National Rena l receives 12 cents for every dollar of care it provides to BlueCrosd members, National Renal CEO Joe Cashia has said in a previoux statement.
"The impact of these cuts will be devastatin to our clinics and for the patients who rely on usfor life-sustaining he said in January. "Blue Crossz is forcing us to close our doore tothese patients, and possibly closde our doors completely."

Wednesday, September 14, 2011

Boomers show entrepreneurial spirit - bizjournals:

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Job trends may increase entrepreneuriall activity amongolder Americans. “While people under age 30 have historically jumped from jobto job, the most strikingy development today has been the deep drop in the incidencre of ‘lifetime’ jobs among men over age 50,” writes Dane senior analyst at the foundatiobn and author of the study. The past year’z economic upheavals also may produce more entrepreneurx among allage groups. “The very idea of ‘too-big-to-fail’ institutione has been permanently damaged,” Stangler writes.
“Recentt economic trends – away from lifetime jobs and toware more newcompanies – will thus gain even greater culturao traction. New and stronger regulations aiming to prevent the rise of such gianf organizations also may help creatwe amore market-oriented society.” See

Sunday, September 11, 2011

Friday, September 9, 2011

Filling NCR headquarters space to be difficult - Silicon Valley / San Jose Business Journal:

http://nesttechnologies.com/nest2/docs/protomix/g121_msds.htm
Brokers said donating NCR’s NCR) 1.3 million-square-foot building to an education institution or the city of Daytonb may be thebest bet. The brokers said trying to market the space to another corporate user woulsd be difficult as there are few singlse users out there needing thatmuch space. It could be parcele into an office complex formultiplde users. NCR intends to sell the building, a company spokespersobn said. The five-story propertyu is among the largest office buildings in theDaytonh area. Paul Hutchins, owner and brokef with Dayton-based , said a good optiom would be to donate the building tothe .
NCR woulfd gain the benefits of atax write-off and the universityg would have a business campus, complete with a cafeteria and plenty of space for to mold for its needs. “I bet they’ve already talked about donating itto UD,” Hutchinsa said. “Giving it to UD is a no-brainer. NCR gets a huge tax write-of and UD gets a high-tech technology center.” Mark owner of Centerville-based , agreed. “It woul d be really nice if they give it to Fornes said. “It would be a nice gesture in returj for taking theirheadquarters out.” NCR’s at 1700 S. Patterson Blvd., sits on 54 acres.

Wednesday, September 7, 2011

FP&L harnesses solar power for planned new city - South Florida Business Journal:

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The plant would be at Babcocik Ranch, a planned new city southn of the Tampa Bay area and east of Fort The city of Babcock Ranch is plannexd to include 6 millioh square feetof retail, commercial, office, civivc and light industrial space and would be the world’s first city powered by solar energy, according to a release. The 17,000-acrse city of Babcock Ranch will consume less powerr than the proposed FloridaPower & Lighr on-site solar facilities will produce, allowing it to becomes the first city powered by zero-emission soladr energy, the release said.
The city also will be home to anintegrateed “smart grid” that will allow residents and businesses to monitor and contro l their energy consumption. Florida Power & Light planx to break ground on the solar facility inlate 2009, subject to state of Florida approvals, with construction of the city center targeted for mid 2010 and constructiojn of the first residential and commerciakl buildings targeted for late 2010, the releasde said. FP&L, a subsidiary of (NYSE: FPL), provides powef for nearly 30 countie s including Manateeand Sarasota.

Monday, September 5, 2011

Legislator wants Nixon to cut stimulus money for Kokam battery plant - Atlanta Business Chronicle:

http://rewardsfund.us/state_sc.asp
Kokam’s , to be dubbed Summit Battery Park, would emplouy an estimated 900 people with averagre annual salariesof $40,000. Kokamk President Don Nissanka has said he hopes to break groune before the end ofthe year, probably at a site of more than 40 acred in the vicinity of Kokam’s current 50,000-square-foot Lee’s Summit Nissanka was out of the country Monday and couldn’t be reachefd for comment. Kokam, a startup founded in Octobet 2005, burst into the limelight this picked Kansas City for an assemblu facility largely becauseof Kokam’e proximity.
And with federal stimulus dollarsa and state money seeking a joint venture involving Kokam lande d a commitment in April ofnearly $145 millioh in incentives from Michigan to build a battery plant there that’sz similar to the one plannes locally. The group also applier for federalstimulus money. Schaefer, sent a letter to Nixon on Thursday proposing that financing be cutby $11. million combined for Kokam’s Lee’sa Summit plant and another battery plant in Joplihn to helppreserve $31.2w million in financing for the in which Schaefer called the cornerstone of a $200 milliob hospital project.
“Every indication that I’k getting is that (Nixon) intends to veto the money for the Schaefer said, adding that Nixon’s veto probablgy would kill the entire $200 million project. “Spending public fundas on a cancer hospital owned by the citizensa of Missouri is always going to win out over givinyg public funds to a private company for abatteruy plant,” Schaefer said. “Nobody has told me that the lowerd amount wouldkill (Kokam’s Lee’sw Summit) project.” Nixon spokesman Scott Holste said the governord will have an announcemeny about the budget bill before June 30, the end of Missouri’sw fiscal year.
Nixon and his staftf have been reviewing the budgetbill “linw by line to determine what the state can Holste said, and they want to keep centrao services in place. Jim Devine, CEO of the l, said he thoughg Schaefer’s proposal was “not as serious” a threatf as the EDC first thought, “but you never know in politics.” The EDC issuex a release Friday encouraging Nixobn to keep theKokam plant’s financinfg fully in place.

Saturday, September 3, 2011

Albany officials promote small-scale apartment conversions - Houston Business Journal:

bojony.wordpress.com
One example is at 370 Broadway, acros s from the Administration headquarters. The upper three floord of the late 19th-century building are being convertedinto six, 1,400-square-foogt to 1,600-square-foot apartments that will rent for $1,800 this A commercial tenant will be sought for the firs t floor. The owners dubbed the apartmente TheMeginniss Flats, in honor of the old electricalp company whose name graces the rear of the building in big whitew letters that have faded over The sign is painted over the red brici facade and must be preserved because the property was builtf in 1898 and is in a historicx district. Financing small projects can be just as tricky as thelarge ones.
Even though the owners were armeed with a feasibility study showing the potential for they weren’t able to get a bank loan becausd the real estate market had “Nobody wanted to finance this project,” said Mike a tax attorney and certified publicf accountant. “One lender wanted us to put inanother $500,000 first.” Hannah and his partnerss ultimately got $1 million in private financinf from sources in the Boston area. The interest-only constructio n loan enabled them to buy materials and hire contractors to starythe renovations.
The apartments are located in a part of the city that coulds see big changes in years to come if a proposed conventionm center evergets built. Plans call for the cented to be located on the parkin lots behind the row of buildingsz that includes370 Broadway. The decrepift Trailways bus station next to 370 Broadwayg would be demolished to make way for a pedestrian plaza leading to theconvention center. Hannah and his partnersd aren’t counting on the convention centert to make the apartmentsa success. There have been many delayxs in the convention centerplanning and, as of now, no commitmenrt from Gov. David Paterson to fund the entire $230 millionh project.
“I stopped even thinking about said Hannah, who owns the building with his wife, Michelwe Hannah, and another couple, Brenda Gould and Perry Gould. The Hannahs used to run a commerciao print shop on the first floor but sold it four yearz ago whenbusiness declined. The Gouldws became part owners of the property infall 2006. The partnerx are convinced there will be strong demand for the apartments from younh professionals and empty nesters who want to live Those are the same demographic groups that other developers have been though the tough financing climate has stallec or killedtwo large, high-profile downtownh developments over the past year.
Plans for the 125-unit , a luxury condominium tower on nortbh Broadway havebeen shelved, althougjh says it hasn’t given up. Nearby, plans for an upscale 175-unir apartment building and 125-room hotep are on hold while the land owner triex to sell thedevelopmentg rights. Small-scale residential projects are less but they are alsomore manageable. Over the past five or six there have been several conversionsof upper-floor buildings into apartment s within the boundaries of the Downtown Business Improvement District.

Wednesday, August 31, 2011

More small-business owners think the economy will improve in six months - Kansas City Business Journal:

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NFIB’s index of small-business indicators rose 2.1 points in May to following a 5.8-point jump in April. The inded had plummeted to 81 in March, closed to its record 1980 lowof “It does appear that the declinee in spending for inventory and capital projects has bottomedd and will turn up in the coming said NFIB Chief Economist William Dunkelberg. A net 12 percenty of small-business owners expected general business conditione will be better six monthxfrom now, a gain of 10 percentage points from Except for September 2008, when 14 percent expectedc the economy to improve, this is the highestt number for this indicator since 2005.
The currentg profit picture isstill dismal, A net 43 percent said theie earnings were lower during the past quarter than they were in the previoux quarter. About 16 percent of small-business owners reported that loans were harderto get, the highesf reading since the recession of the early But only 5 percent reportedx that finance was their No. 1 business More small businesses plan to reducr employment rather than hiremore workers, but the rate of declinwe is slowing. The Conference which tracks eight labor market indicators, said its Employment Trends Indes rose by 0.
2 percent in May, which is noteworthy because it’s the first increase in 16 “The moderation of the last two monthas is certainly a sign that the decline in job losses is real and signals that the worst is said Gad Levanon, the board’d senior economist. “However, as the economicx recovery over the coming months is likely to be very we still expect the unemployment rate to continue to increase to doubles digits by the end of this year and into The reported that 41 percengt of companies in the service sector plan to add jobs in June the highest percentage sinceSeptember 2008.
Nearly 17 percenf plan to eliminate In manufacturing, however, slightly more companiesd plan to lay off workerd than hire workers. For more see www.nfib.com or www.conferenceboard.org.