Funeral directory for Dec. 29, 2011 The Daily News Online Barth, Richard A. â€" There is no prior visitation. An anatomical gift to Boonshoft School of Medicine, Wright University, Daynton, Ohio was given. A memorial service will be at 6 pm Monday at Northgate Free Methodist Church, South Campus, 250 Bank St., ... |
Thursday, December 29, 2011
Funeral directory for Dec. 29, 2011 - The Daily News Online
edovogopu.wordpress.com
Tuesday, December 27, 2011
Pedal to Properties takes on partner, plans expansion - Memphis Business Journal:
pabigy.wordpress.com
Founded and headed by Matt Pedal to Properties is a residential real estatwe firm that gives clients the optionm of looking at homes by The company maintains a fleet of 50 Electra Cruiser bikes. Kolb has sold a 50 perceng stake in the companuy for an undisclosed sum to attorneyTim Majors, who specializee in taking regional retail businesses national. As a partner in Pedal to Majors will work out ofthe company’e Boulder office. Majors, who’s originally from Perth, Australia, approached Kolb abouy investing in the real estats firm after looking at Boulder propertiesby bicycle.
“We certainlu plan to incorporate [Tim’s] national and international brandin expertise to expand Pedal to Properties inothedr markets,” Kolb said in a statement. Pedal to Propertieds plans to look at opening brancu officesin other, unspecified U.S. markets. In May, the company launched a licensee designation for brokers interested in usinf theBoulder business’ operational formula in their The Colorado company already is working to expanrd quickly in its hometown by addiny more space and agents in downtown “I believe Pedal to Properties is in a perfect position to meet the evolving social and demographic change s going on in the United States with homebuyers,” Majorx said in a statement.
Founded and headed by Matt Pedal to Properties is a residential real estatwe firm that gives clients the optionm of looking at homes by The company maintains a fleet of 50 Electra Cruiser bikes. Kolb has sold a 50 perceng stake in the companuy for an undisclosed sum to attorneyTim Majors, who specializee in taking regional retail businesses national. As a partner in Pedal to Majors will work out ofthe company’e Boulder office. Majors, who’s originally from Perth, Australia, approached Kolb abouy investing in the real estats firm after looking at Boulder propertiesby bicycle.
“We certainlu plan to incorporate [Tim’s] national and international brandin expertise to expand Pedal to Properties inothedr markets,” Kolb said in a statement. Pedal to Propertieds plans to look at opening brancu officesin other, unspecified U.S. markets. In May, the company launched a licensee designation for brokers interested in usinf theBoulder business’ operational formula in their The Colorado company already is working to expanrd quickly in its hometown by addiny more space and agents in downtown “I believe Pedal to Properties is in a perfect position to meet the evolving social and demographic change s going on in the United States with homebuyers,” Majorx said in a statement.
Sunday, December 25, 2011
Supreme Court temporarily blocks Chrysler/Fiat merger - Business First of Buffalo:
haga-aa8xuq.blogspot.com
Supreme Court Justice Ruth Bader Ginsberg granted a motionb filed by Indiana state pensionj funds to delay the mergee between the American and Italian automakeres in whatthe U.S. Treasury Departmentf said was an administrative extensionn designed to allow sufficient time for the Supreme Court to explore whether or not a stayis needed, accordint to several published reports late The Supreme Court move extenda a stay already issued by a lowed court that was set to expirew late afternoon Monday. Fiat has given Chrysler until June 15 to finisbthe merger. Attorneys for the pensionj funds argued that they woulcd receive just pennies on the dollar fora $42 milliomn loan given to Chrysler.
However, U.S. Solicito General Elena Kagan said the imminent collapswe ofChrysler — said to be losing upward of $100 milliobn daily — was of greater concernb to government officials than the loan When Chrysler filed for it announcee it would reject 789 dealership agreements including nine in the St. Loui s metro area. Chrysler’s restructuring plan also calls for closinveight plants, including Chrysler’xs two plants in Fenton, Mo. Chrysler’s South plant in Fenton, which assemblesd minivans, was idled at the end of October.
Chrysler’s Nortu plant, which makes Dodge Ram trucks, was idled earliere this month for one to two montha and The plants hademployed 1,200 workers in down from 5,000 several years ago.
Supreme Court Justice Ruth Bader Ginsberg granted a motionb filed by Indiana state pensionj funds to delay the mergee between the American and Italian automakeres in whatthe U.S. Treasury Departmentf said was an administrative extensionn designed to allow sufficient time for the Supreme Court to explore whether or not a stayis needed, accordint to several published reports late The Supreme Court move extenda a stay already issued by a lowed court that was set to expirew late afternoon Monday. Fiat has given Chrysler until June 15 to finisbthe merger. Attorneys for the pensionj funds argued that they woulcd receive just pennies on the dollar fora $42 milliomn loan given to Chrysler.
However, U.S. Solicito General Elena Kagan said the imminent collapswe ofChrysler — said to be losing upward of $100 milliobn daily — was of greater concernb to government officials than the loan When Chrysler filed for it announcee it would reject 789 dealership agreements including nine in the St. Loui s metro area. Chrysler’s restructuring plan also calls for closinveight plants, including Chrysler’xs two plants in Fenton, Mo. Chrysler’s South plant in Fenton, which assemblesd minivans, was idled at the end of October.
Chrysler’s Nortu plant, which makes Dodge Ram trucks, was idled earliere this month for one to two montha and The plants hademployed 1,200 workers in down from 5,000 several years ago.
Friday, December 23, 2011
Black, Foamy Water Worries Fracking Neighbors - Voice of America
tosece.blogspot.com
The State | Black, Foamy Water Worries Fracking Neighbors Voice of America December 12, 2011 Black, Foamy Water Worries Fracking Neighbors Extraction of natural cause draws health concerns in Pennsylvania Rosanne Skirble | Southwestern Pennsylvania There is a lot of construction near Janet McIntyre's home in southwestern ... Fracking Opens Fiss ures Among States as Drillers Face Many Rules As shale fracking booms, environmental protection lags Shale Gas: Time to Look Before We Leap Any Further |
Wednesday, December 21, 2011
More Bay Area journalists to lose jobs - San Francisco Business Times:
sucujovide.wordpress.com
Revenue continues to slide forthe - East Bay, whichb includes the and , among other according to a memo from BANG-EB Executive Editor Kevin Keane that was postede on media blogs. “I had always held out hope that businessw would bounce back quickly enough that we would be able to avoid furthed staff reductions thisfiscal year,” Keane wrote. "Todagy we're announcing that we will be eliminatintg18 full-time positions in the newsroom (managers and rank and file by mid summer.
" Laid-off employees will get a week’sw pay for each year worked, up to 12 Employees who volunteer to be laid off would get up to an extrwa eight weeks pay, at one week’s pay per year Employees have until Wednesday to volunteer. The compant won’t challenge unemployment benefits for thoswe who volunteer for according to the MediaWorker Guild, the union representing newsroom employees. BANG-EB is ownee by MediaNews, the Denve media conglomerate that also ownsthe , the and othe r Bay Area newspapers.
Revenue continues to slide forthe - East Bay, whichb includes the and , among other according to a memo from BANG-EB Executive Editor Kevin Keane that was postede on media blogs. “I had always held out hope that businessw would bounce back quickly enough that we would be able to avoid furthed staff reductions thisfiscal year,” Keane wrote. "Todagy we're announcing that we will be eliminatintg18 full-time positions in the newsroom (managers and rank and file by mid summer.
" Laid-off employees will get a week’sw pay for each year worked, up to 12 Employees who volunteer to be laid off would get up to an extrwa eight weeks pay, at one week’s pay per year Employees have until Wednesday to volunteer. The compant won’t challenge unemployment benefits for thoswe who volunteer for according to the MediaWorker Guild, the union representing newsroom employees. BANG-EB is ownee by MediaNews, the Denve media conglomerate that also ownsthe , the and othe r Bay Area newspapers.
Monday, December 19, 2011
Ramsay stepping down as president of University of Maryland, Baltimore - The Business Review (Albany):
dyakonostrlin.blogspot.com
During his tenure, Ramsay was instrumental in launching the ambitious UMB BioPar andthe university’s west-side expansion efforts. In a letter to Ramsay said he would step down once the selectsxhis successor. “Until that time I shall continue to servre this campus to the best of my ability so that the comingy year will be at leasft as productive as what has gone Ramsay said inthe letter. Ramsay has grown UMB into a top-notch research institution, said University System of Maryland ChancellodrWilliam E.
“Brit” “It’s a different place than what hecame to,” Kirwan “He came in with a real missionh of building the quality of the institution and he has done that in an exceptionak fashion.” Kirwan said he will form a search committee to find Ramsay’s The process could take anywherwe from a few months to a year. Ramsay, 70, is the past chait of the Association of Academifc Health Centers and was recently appointed its firstforeign secretary. He also serves on the boardes ofthe , the Downtowj Partnership of Baltimore Inc.
, the and the in
During his tenure, Ramsay was instrumental in launching the ambitious UMB BioPar andthe university’s west-side expansion efforts. In a letter to Ramsay said he would step down once the selectsxhis successor. “Until that time I shall continue to servre this campus to the best of my ability so that the comingy year will be at leasft as productive as what has gone Ramsay said inthe letter. Ramsay has grown UMB into a top-notch research institution, said University System of Maryland ChancellodrWilliam E.
“Brit” “It’s a different place than what hecame to,” Kirwan “He came in with a real missionh of building the quality of the institution and he has done that in an exceptionak fashion.” Kirwan said he will form a search committee to find Ramsay’s The process could take anywherwe from a few months to a year. Ramsay, 70, is the past chait of the Association of Academifc Health Centers and was recently appointed its firstforeign secretary. He also serves on the boardes ofthe , the Downtowj Partnership of Baltimore Inc.
, the and the in
Friday, December 16, 2011
F.N.B. appoints Campbell as chairman - Kansas City Business Journal:
afanasenkobexa.blogspot.com
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead directore and serves on several He has been a directorsince 1975. “Bill is one of our longest serving and most dedicated Gurgovits said ina statement. previously said it would appoingt a new chairman to enablwe Gurgovits to focus on his corporate responsibilities and to confornmto F.N.B.’s corporate guidelines. Gurgovits, who has workexd at F.N.B. for 48 years, had taken the chairman role in April 2008 when Roberft New was named CEO and president afted anearly two-year search. New resigned 10 months later and Gurgovitsw stepped back in on an interim basis initially. He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assetse of $8.5 billion as of March 31.
Campbell formerly served as F.N.B.’s (NYSE:FNB) lead directore and serves on several He has been a directorsince 1975. “Bill is one of our longest serving and most dedicated Gurgovits said ina statement. previously said it would appoingt a new chairman to enablwe Gurgovits to focus on his corporate responsibilities and to confornmto F.N.B.’s corporate guidelines. Gurgovits, who has workexd at F.N.B. for 48 years, had taken the chairman role in April 2008 when Roberft New was named CEO and president afted anearly two-year search. New resigned 10 months later and Gurgovitsw stepped back in on an interim basis initially. He accepted the post fulltime onJune 2.
is based in Hermitage, north of Pittsburgh, and had assetse of $8.5 billion as of March 31.
Wednesday, December 14, 2011
Payroll-Tax Stalemate Lets Democrats, GOP Underscore Key 2012 Messages - NPR (blog)
doqujamup.wordpress.com
Payroll-Tax Stalemate Lets Democrats, GOP Underscore Key 2012 Messages NPR (blog) Whether Democrats win or lose on the payroll tax front, fighting for it is a key part of their message. Democrats have also argued, with support from numerous economists, that it would damage the economy to withdraw spending power from consumers right ... |
Monday, December 12, 2011
Center stage: Tamarind hopes to spur art at new digs - San Antonio Business Journal:
inofiquxi.wordpress.com
Marjorie Devon, executive director of the , says when water pools on her preseroom floor, it's not unusual for toy boatz or miniature mermaids to appear. But Devon looks forward to the day when the institut is in a building with a proper heating and ventilation system and sophisticatesd temperature controls to protect the uniqu e prints created within its And she hopes the window s facing Central will offer opportunitie to show some of the work Tamarind Renowned internationally as a center of Tamarind is preparing for a move fromits low-keuy spot at 110 Cornell SE to a far more visibler and prestigious location on Central Avenure directly across from the .
Tamarindd is in the middle of a $5 millionj capital campaign and hopes to be in the new siteby 2010. The buildinf at Central and Stanford hashouser UNM's School of Architecture & Planning, whicuh is moving onto the main campus. Preliminary designs created by architect Devendra Contractort would transform the building with open windowss onto Central and a third floor apartmen for artistsin residence. A slab of concrete in the middlre might be clad in limestone from the same quarry whers the inventorof lithography, Aloias Senefelder, got his first stone in 1798. Tamarinrd will have about 16,000 square feet of spacde versus 9,000.
"The building is at the gateway to the universityt and right in the middleof Albuquerque's culturalk corridor," Devon says. "I hope it will give impetus to art developmeng inthat area." Devon adds she would love to see more galleriesd cluster in that area as well. New infrastructure couldd bring Web streaming capabilities for workshopaas well. Tamarind will have spacre for a donated which will allow it to printr book projects by artists rather thanoutsourcinh them. The building will include an expanded gallery for print which Tamarind uses to support itseducationao programs. Only about one third of its operating budget comesfrom UNM.
So far it has raiser $930,000 from the Legislature and Devo plans to seekanother $1.5 million in the next sessiob for the building. A pending bond at UNM woulsd bringanother $1.5 million. Tamarind is require by UNM to raise $1 milliojn from private donors as To date, it has raised Artist Ed Ruscha did a benefit print for the all copies of which were UNM allowed the nonprofit to keep the $550,0090 from the sale of its current building. The universith sold the building earlieer this year to Larry owner ofthe , who plans to use it for supportr operations. Tamarind will be allowed to stay, rent-free, for threes years.
Among the corporate donors Tamarinf has attractedare , and "W see art as the foundation of Albuquerque," says Lind Wedeen, spokeswoman for First the lead donor. "Someplace like Tamarindr that has been around for so many years and is nationallu known really is a jewel for usand we'rre happy to support that." Tamarind started up in 1960 in Los Angelesa as a center for reviving the art of lithography. It moved to Albuquerque in 1970, and became part of UNM'z College of Fine Arts.
It has traines hundreds of lithographers from aroundthe Tamarind's specialty is the training of master printmakers who work in a collaborativwe effort with artists to create unique Lithographs are prints made usinvg a press to transfer an image that was createxd initially on stone or metal platee to paper. The institute has worked with hundredsof artists, most recentluy Jim Dine, and a series of works by Americajn Indian artists sent by the . Thos e prints will hang in the residencezof U.S.
ambassadors around the
Marjorie Devon, executive director of the , says when water pools on her preseroom floor, it's not unusual for toy boatz or miniature mermaids to appear. But Devon looks forward to the day when the institut is in a building with a proper heating and ventilation system and sophisticatesd temperature controls to protect the uniqu e prints created within its And she hopes the window s facing Central will offer opportunitie to show some of the work Tamarind Renowned internationally as a center of Tamarind is preparing for a move fromits low-keuy spot at 110 Cornell SE to a far more visibler and prestigious location on Central Avenure directly across from the .
Tamarindd is in the middle of a $5 millionj capital campaign and hopes to be in the new siteby 2010. The buildinf at Central and Stanford hashouser UNM's School of Architecture & Planning, whicuh is moving onto the main campus. Preliminary designs created by architect Devendra Contractort would transform the building with open windowss onto Central and a third floor apartmen for artistsin residence. A slab of concrete in the middlre might be clad in limestone from the same quarry whers the inventorof lithography, Aloias Senefelder, got his first stone in 1798. Tamarinrd will have about 16,000 square feet of spacde versus 9,000.
"The building is at the gateway to the universityt and right in the middleof Albuquerque's culturalk corridor," Devon says. "I hope it will give impetus to art developmeng inthat area." Devon adds she would love to see more galleriesd cluster in that area as well. New infrastructure couldd bring Web streaming capabilities for workshopaas well. Tamarind will have spacre for a donated which will allow it to printr book projects by artists rather thanoutsourcinh them. The building will include an expanded gallery for print which Tamarind uses to support itseducationao programs. Only about one third of its operating budget comesfrom UNM.
So far it has raiser $930,000 from the Legislature and Devo plans to seekanother $1.5 million in the next sessiob for the building. A pending bond at UNM woulsd bringanother $1.5 million. Tamarind is require by UNM to raise $1 milliojn from private donors as To date, it has raised Artist Ed Ruscha did a benefit print for the all copies of which were UNM allowed the nonprofit to keep the $550,0090 from the sale of its current building. The universith sold the building earlieer this year to Larry owner ofthe , who plans to use it for supportr operations. Tamarind will be allowed to stay, rent-free, for threes years.
Among the corporate donors Tamarinf has attractedare , and "W see art as the foundation of Albuquerque," says Lind Wedeen, spokeswoman for First the lead donor. "Someplace like Tamarindr that has been around for so many years and is nationallu known really is a jewel for usand we'rre happy to support that." Tamarind started up in 1960 in Los Angelesa as a center for reviving the art of lithography. It moved to Albuquerque in 1970, and became part of UNM'z College of Fine Arts.
It has traines hundreds of lithographers from aroundthe Tamarind's specialty is the training of master printmakers who work in a collaborativwe effort with artists to create unique Lithographs are prints made usinvg a press to transfer an image that was createxd initially on stone or metal platee to paper. The institute has worked with hundredsof artists, most recentluy Jim Dine, and a series of works by Americajn Indian artists sent by the . Thos e prints will hang in the residencezof U.S.
ambassadors around the
Saturday, December 10, 2011
Advancing Gay and Transgender Equality Abroad - Center For American Progress
obofym.wordpress.com
Center For American Progress | Advancing Gay and Transgender Equality Abroad Center For American Progress By Jeff Krehely | December 9, 2011 On Tuesday this week, the Obama administration took two huge steps in advancing the human rights of gay and transgender people around the globe.(1) First, President Barack Obama issued a presidential memorandum titled ... Deciphering the truth and consequences of Obama's global LGBT policy Rights and wrongs The Real Ugly American |
Thursday, December 8, 2011
Weight Loss With Qnexa Stops Progression Toward Type 2 Diabetes in Obese Non-Diabetic Patients
stony-coating.blogspot.com
After 28 weeks of blood sugar levels, as measured by hemoglobin A1c (HbA1c), were lower in the patient treatedwith Qnexa, while the patients in the placebo group had a significant increase in their HbA1c levelzs (p<0.0001). The placebo-adjusted reductions in HbA1c for patients taking Qnex awere 0.11 percent and 0.10 percent for the full-dose and mid-dosd groups (p<0.0001). If HbA1c trajectories during this study were theaverage placebo-treated patient would develop diabetes, per guidelines established by the Americann Diabetes Association (ADA), in approximatelyg eight years. Patients treated with Qnexw had weight lossof 9.2% and 8.
5% on the full-dosr and mid-dose of Qnexa as compared to weight loss of 1.7% in the placebok group (p<0.001). These findings (abstract 119-OR) are being presented by , MD, Clinical Professotr of Medicineat Weill-Cornell University and Director of New York Presbyteriaj Hospital's Comprehensive Weight Control Program, and a lead investigatoe in the study, at the 69th Scientific Sessionse of the ADA. The podium presentatio n will take place during the Novel Diabetes Treatmentx in Development in Humans Sessionfrom 4:00-6:00 locaol time. Dr. Aronne stated, "Obesity is the leadinvg cause of type2 diabetes.
Studiezs have shown that type 2 diabetes can be treated effectivelyg in most patients with significant weight People with weight problems have a disease that can be obesity is more about biology and nota person'sa lack of will power, and we are in desperats need of more effective tools to help our patientxs combat this disease and the othedr serious medical conditions that arise as a resulg of weight gain. Theser study results suggest that Qnexqa is a promising pharmaceutical therapy to assistt patients in achieving weight loss and to halt the progressiojn towards type2 diabetes.
Whild the study was designed as an obesity the positive impact on glycemic endpointz suggests potential health benefits inthe non-diabetic obeser population." "Data from DM-230 showed that treatment with Qnexw will lower HbA1c in diabetic patients, but we now know that for patiente that have not been diagnosed with diabetes, Qnexsa treatment can prevent increases in HbA1c levels. Obesity is the commob cause of type 2 diabetes and other metabolicf andcardiovascular diseases. In this study, treatment with Qnexa arrestedf progression todiabetes completely.
These data highlight the importany but often underappreciated potential of treatingt the major cause of diabetes before the diseasebecomese apparent," said , president and chiedf executive officer of "We expect the CONQUER study, a large ongoin phase 3 study that includes diabetid and pre-diabetic subjects, will further demonstrate the efficacyy of Qnexa for weight loss and effectivre management of glycemic control in diabetic and non-diabetic patients.
" "The clinical program has been carefull designed to test the safety and efficac y of Qnexa in a wide rangde of healthy and co-morbid obese With the high hurdles of benefit/riski set by regulatory and reimbursement authorities, it's not enoug h for a drug to demonstrate weight loss; new obesitgy drugs should have the potential for impacting an importany down-stream consequence of obesity, diabetes. We are excited to see the resultds of the first phase 3 trial supportinvthis goal," said , Ph.D., vice president clinical development at The EQUATE study included 756 obese patients (599 females and 157 across 32 centers in the United States.
The averagwe baseline BMI of the study populationwas 36.3 kg/m2w and baseline weight was 101.3 kg. The study was a double-blind, placebo-controlled, prospective trial with subjectxs randomized toreceive once-a-dag treatment with mid-dose Qnexa (7.5 mg phentermine/46 mg topiramat e CR), full-dose Qnexa (15 mg phentermine/92 mg topiramate CR), the respectivew phentermine and controlled-release topiramate constituents, or placebo. Patientd had a four-week dose titration period followeed by 24 weeksof treatment. Subjects were asked to follow a hypocaloric diet representinva 500-calorie/day deficit and advisex to implement a simplwe lifestyle modification program.
The study found that nearluy two-thirds (66%) of patients treated with Qnexa lost 5 percent or more of theifr initial body weight atthe drug's full dose, 62 percent for mid-dosse and 15 percent for placebo. The proportiohn of Qnexa patients losing 10 percentg or more of their initial body weighgt was 41 percent for 39 percentfor mid-dose and 7 percent for Nearly one-fifth (19%) and 15 percent of the patientz lost at least 15 percent of their body weighty on the full-dose and mid-dose of Qnexaw as compared to 2 percent for the placebo Results were evaluated using ITT-LOCF, the method of analysis requiredx by the U.S. Food and Drug Administration.
Qnexas was well-tolerated, with no drug-related serious adverse events. The most commoj adverse events reported forthe mid-dose and placebo group were dry mouth, altered taste and constipation. The completioj rate for the studyu overall was70 percent. More than 300 milliomn people worldwide and approximatelty 30 percent of Americanadults (more than 60 millionb people) are obese, a chronic condition definesd by having excess body fat. As the seconxd leading cause ofpreventable death, obesity directly contributes to numerous life-threatening conditionsw including diabetes, cardiovascular disease, hypertension and stroke.
Experts agree that even a modesyt weight loss of five percentof weight, maintained over time, can bringv significant health benefits by lowering bloodr pressure and reducing the risk of diabete s and heart disease. Pre-diabetes is a conditionn where blood glucose levels are higher than normal but not yet high enoughb for the patient to be diagnosexdwith diabetes. Blood glucose levels are considered to be norma when Fasting PlasmaGlucose (FPG) is below 100 mg/dL. There are 57 million people in the United Statee and 314 million worldwidew whohave pre-diabetes.
Recent researchb has shown that long-term damagew to the body, especially the heart and circulatory may already be occurringduring pre-diabetes. Baselinre HbA1c levels were 5.48 percent and 5.42 percentr for the full-dose and mid-dos groups. The ADA guideline s suggest that HbA1c levels shouldbe 7.0 percent or Qnexa (Q-NEX-uh) is a proprietary, low controlled release formulation of phentermine and topiramate that simultaneousluy addresses both appetite and satiety -- the two main mechanisms that impacgt eating behavior -- in one daily Qnexa, an investigational drug, is an obesityg therapy being developed to addresw type 2 diabetes as well as weight loss.
In phasse 2 and phase 3 clinical trials to Qnexa has demonstrated significant weight glycemic control, and improvement in cardiovascula r risk factors. Qnexa is well with no drug-related serious adverse events reported to VIVUS is a biopharmaceutical companydeveloping next-generation therapies to address unmet needs in obesity, diabetes and sexuall health. The company's lead product in clinical development, is expected to complete phase 3 clinical trials for the treatmenr of obesityin 2009. Qnexa is also in phase 2 clinicak development for the treatment of type2 diabetes.
In the area of sexua l health, VIVUS is in phase 3 developmengtwith avanafil, a potentially best-in-class PDE5 inhibitor, and in phasew 2 development of Luramist(TM) for the treatment of hypoactive sexual desire disorder (HSDD) in women. (alprostadil), a first generation therapy for the treatmengof ED, is already on the market and generating revenue for VIVUS. For more information about the company, pleasr visit . Certain statements in this press releas eare forward-looking within the meaning of the Private Securitiee Litigation Reform Act of 1995.
These statemente may be identified by the useof forward-lookinv words such as "anticipate," "believe," "forecast,"" "estimated" and "intend," among others. These forward-lookinbg statements are based on VIVUS' current expectations and actual results coulddiffer materially. There are a number of factors that coul cause actual events to differ materially from those indicated bysuch forward-lookinbg statements.
These factors include, but are not limitedd to, substantial competition; uncertainties of patent protectionand litigation; uncertainties of governmenrt or third party payer reimbursement; reliance on sole source suppliers; limitee sales and marketing efforts and dependence upon thirdf parties; risks related to the development of innovative and risks related to failure to obtain FDA clearancesz or approvals and noncompliance with FDA regulations. As with any pharmaceutica under development, there are significan t risks inthe development, regulatory approval and commercialization of new products.
There are no guarantee s that future clinical studieas discussed in this press released will be completed or successful or that any produc t will receive regulatory approval for any indication or provee to becommercially successful. VIVUS does not undertakw an obligation to update or reviseany forward-lookinfg statement. Investors should read the risk factors set forthbin VIVUS' Form 10-K for the year endedr December 31, 2008 and periodic reports filex with the Securities and Exchange Commission. VIVUS, Inc. Investor Relations: The Trout Groupo Timothy E. Morris Brian Korb Chief FinancialOfficer 646-378-29233 650-934-5200 Media Relations: Pure Communications, Inc.
Jennifert Torres 312-624-9802 SOURCE VIVUS, Inc.
After 28 weeks of blood sugar levels, as measured by hemoglobin A1c (HbA1c), were lower in the patient treatedwith Qnexa, while the patients in the placebo group had a significant increase in their HbA1c levelzs (p<0.0001). The placebo-adjusted reductions in HbA1c for patients taking Qnex awere 0.11 percent and 0.10 percent for the full-dose and mid-dosd groups (p<0.0001). If HbA1c trajectories during this study were theaverage placebo-treated patient would develop diabetes, per guidelines established by the Americann Diabetes Association (ADA), in approximatelyg eight years. Patients treated with Qnexw had weight lossof 9.2% and 8.
5% on the full-dosr and mid-dose of Qnexa as compared to weight loss of 1.7% in the placebok group (p<0.001). These findings (abstract 119-OR) are being presented by , MD, Clinical Professotr of Medicineat Weill-Cornell University and Director of New York Presbyteriaj Hospital's Comprehensive Weight Control Program, and a lead investigatoe in the study, at the 69th Scientific Sessionse of the ADA. The podium presentatio n will take place during the Novel Diabetes Treatmentx in Development in Humans Sessionfrom 4:00-6:00 locaol time. Dr. Aronne stated, "Obesity is the leadinvg cause of type2 diabetes.
Studiezs have shown that type 2 diabetes can be treated effectivelyg in most patients with significant weight People with weight problems have a disease that can be obesity is more about biology and nota person'sa lack of will power, and we are in desperats need of more effective tools to help our patientxs combat this disease and the othedr serious medical conditions that arise as a resulg of weight gain. Theser study results suggest that Qnexqa is a promising pharmaceutical therapy to assistt patients in achieving weight loss and to halt the progressiojn towards type2 diabetes.
Whild the study was designed as an obesity the positive impact on glycemic endpointz suggests potential health benefits inthe non-diabetic obeser population." "Data from DM-230 showed that treatment with Qnexw will lower HbA1c in diabetic patients, but we now know that for patiente that have not been diagnosed with diabetes, Qnexsa treatment can prevent increases in HbA1c levels. Obesity is the commob cause of type 2 diabetes and other metabolicf andcardiovascular diseases. In this study, treatment with Qnexa arrestedf progression todiabetes completely.
These data highlight the importany but often underappreciated potential of treatingt the major cause of diabetes before the diseasebecomese apparent," said , president and chiedf executive officer of "We expect the CONQUER study, a large ongoin phase 3 study that includes diabetid and pre-diabetic subjects, will further demonstrate the efficacyy of Qnexa for weight loss and effectivre management of glycemic control in diabetic and non-diabetic patients.
" "The clinical program has been carefull designed to test the safety and efficac y of Qnexa in a wide rangde of healthy and co-morbid obese With the high hurdles of benefit/riski set by regulatory and reimbursement authorities, it's not enoug h for a drug to demonstrate weight loss; new obesitgy drugs should have the potential for impacting an importany down-stream consequence of obesity, diabetes. We are excited to see the resultds of the first phase 3 trial supportinvthis goal," said , Ph.D., vice president clinical development at The EQUATE study included 756 obese patients (599 females and 157 across 32 centers in the United States.
The averagwe baseline BMI of the study populationwas 36.3 kg/m2w and baseline weight was 101.3 kg. The study was a double-blind, placebo-controlled, prospective trial with subjectxs randomized toreceive once-a-dag treatment with mid-dose Qnexa (7.5 mg phentermine/46 mg topiramat e CR), full-dose Qnexa (15 mg phentermine/92 mg topiramate CR), the respectivew phentermine and controlled-release topiramate constituents, or placebo. Patientd had a four-week dose titration period followeed by 24 weeksof treatment. Subjects were asked to follow a hypocaloric diet representinva 500-calorie/day deficit and advisex to implement a simplwe lifestyle modification program.
The study found that nearluy two-thirds (66%) of patients treated with Qnexa lost 5 percent or more of theifr initial body weight atthe drug's full dose, 62 percent for mid-dosse and 15 percent for placebo. The proportiohn of Qnexa patients losing 10 percentg or more of their initial body weighgt was 41 percent for 39 percentfor mid-dose and 7 percent for Nearly one-fifth (19%) and 15 percent of the patientz lost at least 15 percent of their body weighty on the full-dose and mid-dose of Qnexaw as compared to 2 percent for the placebo Results were evaluated using ITT-LOCF, the method of analysis requiredx by the U.S. Food and Drug Administration.
Qnexas was well-tolerated, with no drug-related serious adverse events. The most commoj adverse events reported forthe mid-dose and placebo group were dry mouth, altered taste and constipation. The completioj rate for the studyu overall was70 percent. More than 300 milliomn people worldwide and approximatelty 30 percent of Americanadults (more than 60 millionb people) are obese, a chronic condition definesd by having excess body fat. As the seconxd leading cause ofpreventable death, obesity directly contributes to numerous life-threatening conditionsw including diabetes, cardiovascular disease, hypertension and stroke.
Experts agree that even a modesyt weight loss of five percentof weight, maintained over time, can bringv significant health benefits by lowering bloodr pressure and reducing the risk of diabete s and heart disease. Pre-diabetes is a conditionn where blood glucose levels are higher than normal but not yet high enoughb for the patient to be diagnosexdwith diabetes. Blood glucose levels are considered to be norma when Fasting PlasmaGlucose (FPG) is below 100 mg/dL. There are 57 million people in the United Statee and 314 million worldwidew whohave pre-diabetes.
Recent researchb has shown that long-term damagew to the body, especially the heart and circulatory may already be occurringduring pre-diabetes. Baselinre HbA1c levels were 5.48 percent and 5.42 percentr for the full-dose and mid-dos groups. The ADA guideline s suggest that HbA1c levels shouldbe 7.0 percent or Qnexa (Q-NEX-uh) is a proprietary, low controlled release formulation of phentermine and topiramate that simultaneousluy addresses both appetite and satiety -- the two main mechanisms that impacgt eating behavior -- in one daily Qnexa, an investigational drug, is an obesityg therapy being developed to addresw type 2 diabetes as well as weight loss.
In phasse 2 and phase 3 clinical trials to Qnexa has demonstrated significant weight glycemic control, and improvement in cardiovascula r risk factors. Qnexa is well with no drug-related serious adverse events reported to VIVUS is a biopharmaceutical companydeveloping next-generation therapies to address unmet needs in obesity, diabetes and sexuall health. The company's lead product in clinical development, is expected to complete phase 3 clinical trials for the treatmenr of obesityin 2009. Qnexa is also in phase 2 clinicak development for the treatment of type2 diabetes.
In the area of sexua l health, VIVUS is in phase 3 developmengtwith avanafil, a potentially best-in-class PDE5 inhibitor, and in phasew 2 development of Luramist(TM) for the treatment of hypoactive sexual desire disorder (HSDD) in women. (alprostadil), a first generation therapy for the treatmengof ED, is already on the market and generating revenue for VIVUS. For more information about the company, pleasr visit . Certain statements in this press releas eare forward-looking within the meaning of the Private Securitiee Litigation Reform Act of 1995.
These statemente may be identified by the useof forward-lookinv words such as "anticipate," "believe," "forecast,"" "estimated" and "intend," among others. These forward-lookinbg statements are based on VIVUS' current expectations and actual results coulddiffer materially. There are a number of factors that coul cause actual events to differ materially from those indicated bysuch forward-lookinbg statements.
These factors include, but are not limitedd to, substantial competition; uncertainties of patent protectionand litigation; uncertainties of governmenrt or third party payer reimbursement; reliance on sole source suppliers; limitee sales and marketing efforts and dependence upon thirdf parties; risks related to the development of innovative and risks related to failure to obtain FDA clearancesz or approvals and noncompliance with FDA regulations. As with any pharmaceutica under development, there are significan t risks inthe development, regulatory approval and commercialization of new products.
There are no guarantee s that future clinical studieas discussed in this press released will be completed or successful or that any produc t will receive regulatory approval for any indication or provee to becommercially successful. VIVUS does not undertakw an obligation to update or reviseany forward-lookinfg statement. Investors should read the risk factors set forthbin VIVUS' Form 10-K for the year endedr December 31, 2008 and periodic reports filex with the Securities and Exchange Commission. VIVUS, Inc. Investor Relations: The Trout Groupo Timothy E. Morris Brian Korb Chief FinancialOfficer 646-378-29233 650-934-5200 Media Relations: Pure Communications, Inc.
Jennifert Torres 312-624-9802 SOURCE VIVUS, Inc.
Monday, December 5, 2011
Five Guys plans to raise $15M - Puget Sound Business Journal (Seattle):
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Lorton-based which awards franchise rights to locations of theburgetr joint, has filed a Notic of Exempt Offering of Securities. The company is privatel y held. Five Guys has recentlyt enjoyed attention from both President Barack Obama and First LadyMichelle Obama, who separately made high-profile visits there. The president's sojourmn was captured on cameraby NBC, which was following him around for a profile piece. The document does not specifyy why the money isbeintg raised.
According to the Five Guys has alreadyraised $10 million of the $15 milliomn it is trying to Named in the document are Victot and Jane Murrell, both executive officers and directors for the company, as well as directors James John Kim and H. Scott Miller. Spokeswoman Molly Catalanko said she did not have specific details on how the capitao wouldbe used, but said that it was for the company'es general business operations. The filing says the offerinf is not being made in connection witha merger, acqiusition or exchange offer. The company’ss creator, Jerry Murrell, opened the first Five Guys asa carry-outy operation in 1986, in a shopping center on Glebes Road in Arlington.
After opening five corporate locationzs inthe D.C. area, the company decidedr to franchisein 2002. The fast-casual burger concept now has more than 300 locationx in25 states, including more than 50 in the D.C.
Lorton-based which awards franchise rights to locations of theburgetr joint, has filed a Notic of Exempt Offering of Securities. The company is privatel y held. Five Guys has recentlyt enjoyed attention from both President Barack Obama and First LadyMichelle Obama, who separately made high-profile visits there. The president's sojourmn was captured on cameraby NBC, which was following him around for a profile piece. The document does not specifyy why the money isbeintg raised.
According to the Five Guys has alreadyraised $10 million of the $15 milliomn it is trying to Named in the document are Victot and Jane Murrell, both executive officers and directors for the company, as well as directors James John Kim and H. Scott Miller. Spokeswoman Molly Catalanko said she did not have specific details on how the capitao wouldbe used, but said that it was for the company'es general business operations. The filing says the offerinf is not being made in connection witha merger, acqiusition or exchange offer. The company’ss creator, Jerry Murrell, opened the first Five Guys asa carry-outy operation in 1986, in a shopping center on Glebes Road in Arlington.
After opening five corporate locationzs inthe D.C. area, the company decidedr to franchisein 2002. The fast-casual burger concept now has more than 300 locationx in25 states, including more than 50 in the D.C.
Saturday, December 3, 2011
Gingrich Says Obama Must Have “Cognitive Dissonance†About Plight of African ... - ABC News (blog)
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Globe and Mail | Gingrich Says Obama Must Have “Cognitive Dissonance†About Plight of African ... ABC News (blog) And I am sure for him it has to almost involve cognitive dissonance because how can he look in â€" how can he say, 'This is the community I have done so little for?' “I think as Americans, forget the president for a moment, Americans if you t ruly believe ... Yes, Newt's Up in the Polls. No, You Shouldn't Take His Candidacy Seriously. Newt Gingrich Finds Unlikely » |
Thursday, December 1, 2011
'Dog' Chapman hit with $1.8M IRS tax lien - Boston Business Journal:
ocybakenos.wordpress.com
The Honolulu-based TV bounty huntee and his wifeAlice E. Smith, known as Beth owe $1.8 million to the on 2006 and 2007 according to a federal tax lien recordedd May 19 by the Hawaii Bureau of The liens come five month s after were filed in Hawaii against the Chapmans for unpaid taxea from 2002through 2005. The Chapmans’ Los Angeles-basee accountant, Dennis Duban, told PBN in Februaryu that some of the federakl tax bills had already been paid and blamede a lag between the time of payment and the release ofthe liens. But accordingt to records on file with the Burea uof Conveyances, none of the lienz filed in January have been released.
Duban was out of the officd this week and was not availablefor comment. who owns Da Kine Bail Bonds on Queen Emma Stree and lives inHawai Kai, stars in the A&w program “Dog the Bounty Hunter.” In 2006, the IRS file liens against Chapman for almost $200,000o in 2004 income but in early 2007 Duban said thoser tax bills had been paid. The IRS had previouslh filed liens against him for unpaid 1993 and1994
The Honolulu-based TV bounty huntee and his wifeAlice E. Smith, known as Beth owe $1.8 million to the on 2006 and 2007 according to a federal tax lien recordedd May 19 by the Hawaii Bureau of The liens come five month s after were filed in Hawaii against the Chapmans for unpaid taxea from 2002through 2005. The Chapmans’ Los Angeles-basee accountant, Dennis Duban, told PBN in Februaryu that some of the federakl tax bills had already been paid and blamede a lag between the time of payment and the release ofthe liens. But accordingt to records on file with the Burea uof Conveyances, none of the lienz filed in January have been released.
Duban was out of the officd this week and was not availablefor comment. who owns Da Kine Bail Bonds on Queen Emma Stree and lives inHawai Kai, stars in the A&w program “Dog the Bounty Hunter.” In 2006, the IRS file liens against Chapman for almost $200,000o in 2004 income but in early 2007 Duban said thoser tax bills had been paid. The IRS had previouslh filed liens against him for unpaid 1993 and1994
Tuesday, November 29, 2011
Composer's concerto shows he is a man of letters - Sydney Morning Herald
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Sydney Morning Herald | Composer's concerto shows he is a man of letters Sydney Morning Herald But she was also a mother of seven and married to composer Robert Schumann, one of Brahms' greatest supporters. Much has been written about the romance between the 21-year-old composer and his patron's wife but little proved. Like many before him, ... |
Sunday, November 27, 2011
Survey: Nonprofits combating financial stress - Baltimore Business Journal:
zvonkovaleoqim.blogspot.com
The survey found that 80 percent of nonprofit organizatione are experiencing fiscal stress and close to 40 percentt of them reported the stress is or “very severe.” Of the 363 nonprofita surveyed, 51 percent of the organizations said they’ve been impactedc by declining revenue, increasing costs for health declining endowments and decreased cash flow as a result of credit and governmenyt payment delays. Organizations participating in the survey differedin size, cover all religions and represented a varietyg of fields, including children and family services, elderlt services and housing, community development, education, arts and and others.
But despite the more than 75 percent of the nonprofitsz reported they havebeen “successful” or “veru successful” in weathering the economiv meltdown. To cope with the nonprofits have been expandingfundraising efforts, targetinyg individuals, state and local government, the federal governmenft and foundations. Organizations also reporter cuttingadministrative costs, freezing salaries, postponing new hires, creatin g partnerships with other nonprofitsa and relying more on volunteers. “Ourr nation’s nonprofit organizations are displaying exceptional resilience in the face of enormou sfiscal challenges,” said Lester M.
Salamon, director of the Johns Hopkinz Center for CivilSociety Studies, in a The survey was conducted as part center’s Nonprofity Listening Post project.
The survey found that 80 percent of nonprofit organizatione are experiencing fiscal stress and close to 40 percentt of them reported the stress is or “very severe.” Of the 363 nonprofita surveyed, 51 percent of the organizations said they’ve been impactedc by declining revenue, increasing costs for health declining endowments and decreased cash flow as a result of credit and governmenyt payment delays. Organizations participating in the survey differedin size, cover all religions and represented a varietyg of fields, including children and family services, elderlt services and housing, community development, education, arts and and others.
But despite the more than 75 percent of the nonprofitsz reported they havebeen “successful” or “veru successful” in weathering the economiv meltdown. To cope with the nonprofits have been expandingfundraising efforts, targetinyg individuals, state and local government, the federal governmenft and foundations. Organizations also reporter cuttingadministrative costs, freezing salaries, postponing new hires, creatin g partnerships with other nonprofitsa and relying more on volunteers. “Ourr nation’s nonprofit organizations are displaying exceptional resilience in the face of enormou sfiscal challenges,” said Lester M.
Salamon, director of the Johns Hopkinz Center for CivilSociety Studies, in a The survey was conducted as part center’s Nonprofity Listening Post project.
Friday, November 25, 2011
Lack of Trust Underlies Greece's Debt Problem - NPR
http://property-canada.com/CanadianCities.html
Lack of Trust Underlies Greece's Debt Problem NPR Financial writer Michael Lewis talks to Renee Montagne about societal problems underlying the Greek financial crisis: loss of trust, lack of civil society and refusal to pay and collect taxes. Lewis is the author of Boomerang: Travels in the New Third ... |
Tuesday, November 22, 2011
Missouri regulators give final OK for embattled Cass Co. power plant - Kansas City Business Journal:
lehoquvuhu.wordpress.com
The said in a Thursdayy release that it had agreed tograny KCP&L Greater Missouri Operations Co. a (NYSE: GXP) subsidiary, certificates of conveniencde and necessity for the South Harper power plant andPeculiae substation. The PSC order said that because deman d is increasingin GMO’s Missouri service area — whicgh includes Cass County — and year-round peaking capability is the South Harper facility offers flexibility to serve customers. GMO met its burdeb of proof “by a preponderance of the evidence,” the order said.
Peakingf plants run only during surges in power notably the hot summer The facilities receivedall local, state and nationallty required permits, and all legal action against the facilities was resolvede or settled, the releasee said. This was the second time the PSC had approvesd such certificates forthe facilities. Litigation involving the project began inlate 2004, when angrhy county residents filed an injunction trying to blockm the plant’s construction. The former Aquila Inc., acquirerd by Great Plains in July, got certificates of conveniencwe and necessity from the PSC for the facilitiesin 2005.
Courtsw overturned the orders, and Aquila estimated it woulfd havecost $95 million to tear down and relocatee the plant. In Aquila agreed to pay $1.8 million in fines and fees toCass County. It also promised to never agaimn build a plant in the county without its to apply fora special-us permit; to take steps to controlk light, noise and radiation; and to complete othedr typical requirements with such a Aquila also agreed to meet with residents and opponents to try to resolv e complaints. The company previously had bought four housews near the plant and resold them for about 92 percent of theprice paid.
The Missouru General Assembly in May passed a bill allowing the plant to it took effect in On Sept. 30, GMO again applied to the PSC forthe
The said in a Thursdayy release that it had agreed tograny KCP&L Greater Missouri Operations Co. a (NYSE: GXP) subsidiary, certificates of conveniencde and necessity for the South Harper power plant andPeculiae substation. The PSC order said that because deman d is increasingin GMO’s Missouri service area — whicgh includes Cass County — and year-round peaking capability is the South Harper facility offers flexibility to serve customers. GMO met its burdeb of proof “by a preponderance of the evidence,” the order said.
Peakingf plants run only during surges in power notably the hot summer The facilities receivedall local, state and nationallty required permits, and all legal action against the facilities was resolvede or settled, the releasee said. This was the second time the PSC had approvesd such certificates forthe facilities. Litigation involving the project began inlate 2004, when angrhy county residents filed an injunction trying to blockm the plant’s construction. The former Aquila Inc., acquirerd by Great Plains in July, got certificates of conveniencwe and necessity from the PSC for the facilitiesin 2005.
Courtsw overturned the orders, and Aquila estimated it woulfd havecost $95 million to tear down and relocatee the plant. In Aquila agreed to pay $1.8 million in fines and fees toCass County. It also promised to never agaimn build a plant in the county without its to apply fora special-us permit; to take steps to controlk light, noise and radiation; and to complete othedr typical requirements with such a Aquila also agreed to meet with residents and opponents to try to resolv e complaints. The company previously had bought four housews near the plant and resold them for about 92 percent of theprice paid.
The Missouru General Assembly in May passed a bill allowing the plant to it took effect in On Sept. 30, GMO again applied to the PSC forthe
Sunday, November 20, 2011
FWISD favors House bill for school funding - Dallas Business Journal:
afanasenkobexa.blogspot.com
House Bill 3646, if passed, will allocate $22 million to Fort Worthj ISD, with the school district requiredr to spend about half of the fundinyg on salary hikesfor teachers, counselors, librarians and speech therapists. The remainingv $11 million will pay down the district’a deficit, the school districy said in a pressrelease Tuesday. While FWISD is not fully satisfiedx with the contents of the school district leaders contend it is far bettefr thanthe Senate’s versiobn of the bill. The school district says the ’se substitute bill will reduce the amount of monety spent on Fort Worth ISDby $9 million and cuts the amount available for pay increases.
“The days and the hours of the 81st are tickinbgaway – and the issue of schooo finance still hangs in the balance,” said Superintendent Melodgy Johnson on Tuesday. As lawmakers contend with variousx bills to determine schoolfunding initiatives, they are up againsyt a June 1 deadline, which is the last day of the 81st regula session.
House Bill 3646, if passed, will allocate $22 million to Fort Worthj ISD, with the school district requiredr to spend about half of the fundinyg on salary hikesfor teachers, counselors, librarians and speech therapists. The remainingv $11 million will pay down the district’a deficit, the school districy said in a pressrelease Tuesday. While FWISD is not fully satisfiedx with the contents of the school district leaders contend it is far bettefr thanthe Senate’s versiobn of the bill. The school district says the ’se substitute bill will reduce the amount of monety spent on Fort Worth ISDby $9 million and cuts the amount available for pay increases.
“The days and the hours of the 81st are tickinbgaway – and the issue of schooo finance still hangs in the balance,” said Superintendent Melodgy Johnson on Tuesday. As lawmakers contend with variousx bills to determine schoolfunding initiatives, they are up againsyt a June 1 deadline, which is the last day of the 81st regula session.
Friday, November 18, 2011
Fed's Beige Book: Midwest contraction
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Whereas some industries experienced substantial dropss in activity during the past six modest increases in other sectors led the Fed to characterizes theNinth District’s contraction as moderating. The Nintu Federal District includes Minnesota, Montana, Nortyh Dakota, South Dakota, the Upper Peninsulz of Michigan andnorthwestern Wisconsin. Consumer spending and tourisk werestill weak, but had “improves somewhat from the previous few months,” according to the Fed. The servicw sector continued to experience decreased employment and profits compares to ayear ago, and further profitr contraction is likely.
The Fed characterized the commerciaol real estate sectoras “anemic,” adding that residential construction continued at steadily low The residential real estate market did see more activity than in the previous reporting period. Manufacturing continuedf its slide, as did energy and mining. some wind energy projects continue to move and gold mines areat “near capacit y production.” Labor markets continued to struggle. Job cuts in Minnesota, many of them in the healtj careand medical-device fields, were cite d by the Fed in its assessment of labo conditions. Wage increases were modest, and firmsz surveyed by the Fed expect toincrease employees’ wagee by 1.
8 percent over the next year. Price increases, were “subdued,” with the rising cost of gas anotablew exception, the Fed The Fed’s next Beige Book report is due July 29.
Whereas some industries experienced substantial dropss in activity during the past six modest increases in other sectors led the Fed to characterizes theNinth District’s contraction as moderating. The Nintu Federal District includes Minnesota, Montana, Nortyh Dakota, South Dakota, the Upper Peninsulz of Michigan andnorthwestern Wisconsin. Consumer spending and tourisk werestill weak, but had “improves somewhat from the previous few months,” according to the Fed. The servicw sector continued to experience decreased employment and profits compares to ayear ago, and further profitr contraction is likely.
The Fed characterized the commerciaol real estate sectoras “anemic,” adding that residential construction continued at steadily low The residential real estate market did see more activity than in the previous reporting period. Manufacturing continuedf its slide, as did energy and mining. some wind energy projects continue to move and gold mines areat “near capacit y production.” Labor markets continued to struggle. Job cuts in Minnesota, many of them in the healtj careand medical-device fields, were cite d by the Fed in its assessment of labo conditions. Wage increases were modest, and firmsz surveyed by the Fed expect toincrease employees’ wagee by 1.
8 percent over the next year. Price increases, were “subdued,” with the rising cost of gas anotablew exception, the Fed The Fed’s next Beige Book report is due July 29.
Wednesday, November 16, 2011
Michelle Burris Executive Profile
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**All Executive profile data provided byDow Jones & Co., Inc.
**All Executive profile data provided byDow Jones & Co., Inc.
Monday, November 14, 2011
Stimulus funding boosts construction projects, but
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Stimulus-funded projects are one of the few brightt spots for theconstruction industry, along with energty projects and military base realignment work, Simonson The unemployment rate for the construction industry is more than 19 double the rate for the economy as a whole, he noted. Road repair projects can be awarded quickly comparedr with other types of construction Simonson said, which is why so many pavin crews have found work.
There’s stil l a lot of stimulus money that will be spent on watee andwastewater projects, he Plus, the and the have releasef long lists of construction projects that will be awardedr in the coming Simonson’s association gathered a handful of contractor s for a conference call touting the benefits of stimulus work. Christianb Zimmerman, president of Pike Industries in Walpole, N.H., said his companuy has added 100 workers thanka to the dozen stimulus contracts his company has These contracts also enabled his compang to avoid laying off more than100 workers. “Mosty of the jobs we’re getting are paving jobs,” Zimmermahn said.
Don Laskey, president of in Coos Bay, said his company was glad to geta stimulus-fundef paving contract even though the company won’t make a lot of monegy on it. His company is trying to improve its managemeny to compensate for the lower profit margin and “come out on the other end of it as a bette r company,” he said. Simonsobn said some water and wastewater projectx are being delayed becauswe the stimulus bill requires the useof American-madre steel, iron and equipment in stimulus-funded Laskey, whose company also buildss water-treatment plants, said vendors have told him that a lot of the materialx needed for stimulus projects aren’t even made in the Unite States any more.
“That’ s what’s really sad about the whole he said. The cited the problemsd the “Buy American” provision are causing for stimulud projects in a June 2 letter to memberesof Congress. Federal agencies are balancingthe “Buy provision with obligations the United States has under variousa trade agreements, but many state and local governmentds are not, the chamber noted. As a even some U.S. manufacturers are beingt barred from stimulus projects becausethey “rely on globalp production chains that integrate component from U.S. and foreigmn sources,” the chamber noted.
“It is oftenb impossible to avoid sourcingy at least a portion of their content fromothet countries.” The chamber urged Congress to reject “Buhy American” provisions in future legislation.
Stimulus-funded projects are one of the few brightt spots for theconstruction industry, along with energty projects and military base realignment work, Simonson The unemployment rate for the construction industry is more than 19 double the rate for the economy as a whole, he noted. Road repair projects can be awarded quickly comparedr with other types of construction Simonson said, which is why so many pavin crews have found work.
There’s stil l a lot of stimulus money that will be spent on watee andwastewater projects, he Plus, the and the have releasef long lists of construction projects that will be awardedr in the coming Simonson’s association gathered a handful of contractor s for a conference call touting the benefits of stimulus work. Christianb Zimmerman, president of Pike Industries in Walpole, N.H., said his companuy has added 100 workers thanka to the dozen stimulus contracts his company has These contracts also enabled his compang to avoid laying off more than100 workers. “Mosty of the jobs we’re getting are paving jobs,” Zimmermahn said.
Don Laskey, president of in Coos Bay, said his company was glad to geta stimulus-fundef paving contract even though the company won’t make a lot of monegy on it. His company is trying to improve its managemeny to compensate for the lower profit margin and “come out on the other end of it as a bette r company,” he said. Simonsobn said some water and wastewater projectx are being delayed becauswe the stimulus bill requires the useof American-madre steel, iron and equipment in stimulus-funded Laskey, whose company also buildss water-treatment plants, said vendors have told him that a lot of the materialx needed for stimulus projects aren’t even made in the Unite States any more.
“That’ s what’s really sad about the whole he said. The cited the problemsd the “Buy American” provision are causing for stimulud projects in a June 2 letter to memberesof Congress. Federal agencies are balancingthe “Buy provision with obligations the United States has under variousa trade agreements, but many state and local governmentds are not, the chamber noted. As a even some U.S. manufacturers are beingt barred from stimulus projects becausethey “rely on globalp production chains that integrate component from U.S. and foreigmn sources,” the chamber noted.
“It is oftenb impossible to avoid sourcingy at least a portion of their content fromothet countries.” The chamber urged Congress to reject “Buhy American” provisions in future legislation.
Saturday, November 12, 2011
Fight over Scana plant may hurt Duke Energy
yjanebixe.wordpress.com
If the group is successful in its appeakl tothe S.C. Supreme Court, it could forcw Duke to rethink its plans for the Lee plannednear Gaffney, S.C. At a minimum, Duke “will have to go back to the drawinfg board” with S.C. lawmakers on a measure to let Duke recover certai n costs ofthe project, says Ellen Duke’s president of nuclear The court challenge is beinhg made by the . The groupp questions the constitutionality of a2007 S.C. law that lets utilitiew recover some of their expenses for constructingf major power plants as they arebeing built.
Ruff says the high cost and long constructionh times for nuclear plants make recovery of some expensews during construction aneconomic “This is not just Duke Energy sayin g this,” she says. “The financial community is sayingg clearly it is important to have this kind of certainty of recoveryy in place if there is goinfg to be investment innucleaf energy.” The Friends of the Eartu gave notice last week that it will appeak S.C. regulators’ approval of the V.C. Summed nuclear plant to the state Supreme The appeal will be submitted bylate June, says Tom the Friends of the Earth’s southeasternh nuclear campaign coordinator.
Friends of the Earth opposed letting Duke recoved some of its planning costs for the Lee plantfwhen S.C. regulators considered that issuselast year. But the group didn’t appeal that The Summer station project calls for adding two nuclear reactorsx to an existing plantin S.C. The expansion is expectefd to costabout $9.9 The S.C. Energy Users Committee, a grou that represents industrial customers, also is appealin the state’s approval of the project. Frienda of the Earth contends the S.C. law on cost recovery shouldc bestruck down.
Bob Guild, the group’s attorney, says the legislatio n goes too far in shifting the risk in building nucleaer plants from utility investors toutilitgy customers. “The law as interpreted by the commissiomn gives the utilities a blank he contends. Once the commission approves a project, he customers have no way of challenging whether the monety is spentprudently — even if the plantr isn’t completed. But Ruff says the S.C. law allows specifi spending to be challenged later inthe process. That assurees utilities they can recover their prudent spending on She saysDuke hasn’t decided whether to seek to participate in the Summeer court case.
If the group is successful in its appeakl tothe S.C. Supreme Court, it could forcw Duke to rethink its plans for the Lee plannednear Gaffney, S.C. At a minimum, Duke “will have to go back to the drawinfg board” with S.C. lawmakers on a measure to let Duke recover certai n costs ofthe project, says Ellen Duke’s president of nuclear The court challenge is beinhg made by the . The groupp questions the constitutionality of a2007 S.C. law that lets utilitiew recover some of their expenses for constructingf major power plants as they arebeing built.
Ruff says the high cost and long constructionh times for nuclear plants make recovery of some expensews during construction aneconomic “This is not just Duke Energy sayin g this,” she says. “The financial community is sayingg clearly it is important to have this kind of certainty of recoveryy in place if there is goinfg to be investment innucleaf energy.” The Friends of the Eartu gave notice last week that it will appeak S.C. regulators’ approval of the V.C. Summed nuclear plant to the state Supreme The appeal will be submitted bylate June, says Tom the Friends of the Earth’s southeasternh nuclear campaign coordinator.
Friends of the Earth opposed letting Duke recoved some of its planning costs for the Lee plantfwhen S.C. regulators considered that issuselast year. But the group didn’t appeal that The Summer station project calls for adding two nuclear reactorsx to an existing plantin S.C. The expansion is expectefd to costabout $9.9 The S.C. Energy Users Committee, a grou that represents industrial customers, also is appealin the state’s approval of the project. Frienda of the Earth contends the S.C. law on cost recovery shouldc bestruck down.
Bob Guild, the group’s attorney, says the legislatio n goes too far in shifting the risk in building nucleaer plants from utility investors toutilitgy customers. “The law as interpreted by the commissiomn gives the utilities a blank he contends. Once the commission approves a project, he customers have no way of challenging whether the monety is spentprudently — even if the plantr isn’t completed. But Ruff says the S.C. law allows specifi spending to be challenged later inthe process. That assurees utilities they can recover their prudent spending on She saysDuke hasn’t decided whether to seek to participate in the Summeer court case.
Wednesday, November 9, 2011
Kensington Towers coming down - Dayton Business Journal:
efimtsovavadan.blogspot.com
The Kensington Towers, located just off of N. Fillmore are being razed as a prelude to the construction of the Heritag eHeights project, a continuing-care retirementr community that will target low-to-moderate inner-city residents. Heritage Heights is beingh jointly developedby , and Centerstone The Kensington Towers have been vacant since the 1970s and were abandonefd a decade later. The six towers, each sevehn stories tall, are considerexd an eyesore. “These ugly towers have been standingf vacant for30 years,” said Assemblywoman Crystal D-Buffalo.
Peoples lobbied her Assembly constituents, includint Speaker Sheldon Silver, for the $5 million needed to demolish the It took Peoples two years to securethe “Some things get done by being persistent,” she Silver, who attended Tuesday’s called the demolition “an important step in the righg direction.” “We can’t give up on our he said. Heritage Heightss will includea 192-unit senior apartment building, a 156-unit assisted living apartment building and a 320-bed skilled nursingt facility. It will take at least one year to complete the demolitiohn including removing asbestos forthe towers. The buildingxs are due to openby 2011.
“Thr towers were a symbol of the urban decline in the City of Buffalo for the past30 years,” said Mayor Byronj Brown. “Heritage Heights is symbol of the continuingf progress and growth in the Cityof Buffalo. This will literallu transform this sectionof
The Kensington Towers, located just off of N. Fillmore are being razed as a prelude to the construction of the Heritag eHeights project, a continuing-care retirementr community that will target low-to-moderate inner-city residents. Heritage Heights is beingh jointly developedby , and Centerstone The Kensington Towers have been vacant since the 1970s and were abandonefd a decade later. The six towers, each sevehn stories tall, are considerexd an eyesore. “These ugly towers have been standingf vacant for30 years,” said Assemblywoman Crystal D-Buffalo.
Peoples lobbied her Assembly constituents, includint Speaker Sheldon Silver, for the $5 million needed to demolish the It took Peoples two years to securethe “Some things get done by being persistent,” she Silver, who attended Tuesday’s called the demolition “an important step in the righg direction.” “We can’t give up on our he said. Heritage Heightss will includea 192-unit senior apartment building, a 156-unit assisted living apartment building and a 320-bed skilled nursingt facility. It will take at least one year to complete the demolitiohn including removing asbestos forthe towers. The buildingxs are due to openby 2011.
“Thr towers were a symbol of the urban decline in the City of Buffalo for the past30 years,” said Mayor Byronj Brown. “Heritage Heights is symbol of the continuingf progress and growth in the Cityof Buffalo. This will literallu transform this sectionof
Monday, November 7, 2011
Need to restructure? Try a
fusajacuxejilyp.blogspot.com
But lawyers and consultants say companiesx that need to restructure could have a bettert route than filing Chapter11 it’s known as an out-of-court It costs less than filing Chapter 11, lets a firm avoixd the stigma of bankruptcy and ofteb takes less time than bankruptcy proceedings. “Thew biggest advantage is secrecy, but not in the negative (connotation) of the said insolvency attorneyLincoln Brooks. “Most companiess survive because they’ve just needed a little time to reorganizre their houseof cards.
Every party to a workoug gets a better deal than they wouldhave Brooks, founder of Palo Alto-based insolvency boutiquer , handles out-of-court workouts exclusively now, callintg the alternative a far more appealingf process for all involved. Workouts can take on any numbe rof permutations, but typically creditors agree to give the distressed companyh time to retool the business model, offload assets if necessarhy and fashion a plan for sustainabilityh so the company survives and creditors are eventuallg made whole. For the quarter endingb Sept.
30, Chapter 11 restructuring and Chapter 7 liquidation bankruptcy filings inthe ’s Northern District of Californi increased 21 percent, accordinh to data released this montu by the . A littlre more than 300 businesses in the districtr filed for bankruptcy inthe quarter, an increase from 251 in the previouz three-month period, with two-thirdsd being Chapter 7 filings. The Northern District of California stretches from Monterehy to theOregon border, and from the coastlind to Sacramento.
While Chapter 7 represents liquidation, the ultimatre demise of a distressed company, Chapter 11 in essence provides a forbearance on creditor activity and an opportunity to restructurew thebusiness — the goal being to save the companhy and pay off creditors. But the costws are high in the associated professiona l services andcourt fees, as well as to the credibilit y of the firm’s viability. During a long run of easy when banks wereoffering so-called “covenan light loans” to compete for lenders weren’t able to declare defaults as early on, said Michae l Murphy, San Francisco managing director of , an internationalo corporate performance consultancy.
“That’s why you see so many Murphy said. “In most cases, the restructuriny options were missed.” AlixPartners servef as restructuring adviserto Sunnyvale-based and San Jose-based Murphty is now working with San Diego-based broadband and wirelesws technology outfit to restructure that company and reduce debt. What court statisticsx don’t show is the number of troubled firms engagedc in these typesof workouts, a scenarioo that is becoming prevalent as the recessio n drags on. Experts say it’e a lower-key, cost-effective procese that is usually fasterthan court-structured workouts.
“It’xs like breathing room so the companyucan say, ‘I have a plan for salvaging this businessw and paying off my debts,’” said Sblend chair of the bankruptcy, restructuring and creditors’ rights practicr at San Jose-based Remaininv out of court eliminates the uncertainty of what can occue in a bankruptcy when all creditors are asserting theie claims before a and failure to reach an agreement can forcew the company into liquidation. More than two decadew ago, Brooks of Brooks & Raub was handlint Chapter 11 cases for some ofSilicob Valley’s early computer companies.
But the intended result a restructured, solvent debtor company and satisfiesdcreditors — was difficult to achieve. Customers immediatel lost confidence inthe companies’ leading to lost sales. “They simply weren’rt buying when the companie s went intoChapter 11, so they ended up failing,” Brook s said. Chapter 11 is an expensive say lawyers andworkout consultants. Nearly all turnaround specialistsa preferthe out-of-court alternative for that according to John Giovannis, principal of in Newark. Giovannis has aided about 20 companiea in as manydifferenf industries, including construction products, agri-chemical, and drillinhg and exploration.
He called 18 of them successful. “Yoj begin to lose flexibilityt in what you haveto accomplish” once the couryt gets involved, Giovannis said. “When you’re in court, you have an enormoue amount of repeat paperwork that you have to That doubles or triples the cost of doing aninformal workout.”
But lawyers and consultants say companiesx that need to restructure could have a bettert route than filing Chapter11 it’s known as an out-of-court It costs less than filing Chapter 11, lets a firm avoixd the stigma of bankruptcy and ofteb takes less time than bankruptcy proceedings. “Thew biggest advantage is secrecy, but not in the negative (connotation) of the said insolvency attorneyLincoln Brooks. “Most companiess survive because they’ve just needed a little time to reorganizre their houseof cards.
Every party to a workoug gets a better deal than they wouldhave Brooks, founder of Palo Alto-based insolvency boutiquer , handles out-of-court workouts exclusively now, callintg the alternative a far more appealingf process for all involved. Workouts can take on any numbe rof permutations, but typically creditors agree to give the distressed companyh time to retool the business model, offload assets if necessarhy and fashion a plan for sustainabilityh so the company survives and creditors are eventuallg made whole. For the quarter endingb Sept.
30, Chapter 11 restructuring and Chapter 7 liquidation bankruptcy filings inthe ’s Northern District of Californi increased 21 percent, accordinh to data released this montu by the . A littlre more than 300 businesses in the districtr filed for bankruptcy inthe quarter, an increase from 251 in the previouz three-month period, with two-thirdsd being Chapter 7 filings. The Northern District of California stretches from Monterehy to theOregon border, and from the coastlind to Sacramento.
While Chapter 7 represents liquidation, the ultimatre demise of a distressed company, Chapter 11 in essence provides a forbearance on creditor activity and an opportunity to restructurew thebusiness — the goal being to save the companhy and pay off creditors. But the costws are high in the associated professiona l services andcourt fees, as well as to the credibilit y of the firm’s viability. During a long run of easy when banks wereoffering so-called “covenan light loans” to compete for lenders weren’t able to declare defaults as early on, said Michae l Murphy, San Francisco managing director of , an internationalo corporate performance consultancy.
“That’s why you see so many Murphy said. “In most cases, the restructuriny options were missed.” AlixPartners servef as restructuring adviserto Sunnyvale-based and San Jose-based Murphty is now working with San Diego-based broadband and wirelesws technology outfit to restructure that company and reduce debt. What court statisticsx don’t show is the number of troubled firms engagedc in these typesof workouts, a scenarioo that is becoming prevalent as the recessio n drags on. Experts say it’e a lower-key, cost-effective procese that is usually fasterthan court-structured workouts.
“It’xs like breathing room so the companyucan say, ‘I have a plan for salvaging this businessw and paying off my debts,’” said Sblend chair of the bankruptcy, restructuring and creditors’ rights practicr at San Jose-based Remaininv out of court eliminates the uncertainty of what can occue in a bankruptcy when all creditors are asserting theie claims before a and failure to reach an agreement can forcew the company into liquidation. More than two decadew ago, Brooks of Brooks & Raub was handlint Chapter 11 cases for some ofSilicob Valley’s early computer companies.
But the intended result a restructured, solvent debtor company and satisfiesdcreditors — was difficult to achieve. Customers immediatel lost confidence inthe companies’ leading to lost sales. “They simply weren’rt buying when the companie s went intoChapter 11, so they ended up failing,” Brook s said. Chapter 11 is an expensive say lawyers andworkout consultants. Nearly all turnaround specialistsa preferthe out-of-court alternative for that according to John Giovannis, principal of in Newark. Giovannis has aided about 20 companiea in as manydifferenf industries, including construction products, agri-chemical, and drillinhg and exploration.
He called 18 of them successful. “Yoj begin to lose flexibilityt in what you haveto accomplish” once the couryt gets involved, Giovannis said. “When you’re in court, you have an enormoue amount of repeat paperwork that you have to That doubles or triples the cost of doing aninformal workout.”
Saturday, November 5, 2011
Santa Clara approves financing for 49ers stadium - Kansas City Business Journal:
fugowirik.wordpress.com
City Councilors Will Kennedy and Jamie McLeoe were the only ones to side with the dissenters in the audience who opposed any public subsidy forthe stadium. The 5-2 vote on a $79 million subsidy for the project came aftera two-and-a-half-hour presentationh and lengthy public comments that included concerns raised by the owner of California’s Great America, Cedare Fair of Sandusky, Ohio, has been negotiatinv to sell the sprawling thrill-ride park whichu is next to the proposerd stadium site to the 49ers.
An attorney representinvg the park owners, John Hickey of , askefd for a delay on the “We want to reach an agreement (to sell the but while you have been working on the term sheerfor months, we and members of the public have only had two business days to read this complex document.” Hickeu said he was surprised at earlietr comments made by Jennifer Sparacino, Santa Clara’s City Manager, that he regardedd as overly optimistic about the closenessd of an agreement between Cedar Fair and the 49ersw to sell the park.
Jed president of the 49ers, praised Santa Clara officials forcreating “the best infrastructurwe in the Bay Area” and told city officialse and a crowd of more than 150 onlookers that the proposefd 68,500-seat stadium to be built on an overflow parkinyg lot at the amusement park would not only host up to 10 NFL gamex annually, but possibly a variety of glamoroud events, including the World Cup soccer in the future. Stadiumj proponents also view it as a likely venue formajord concerts, college football bowl gamews and even the Super Bowl. “I feel the excitemenf in this city aboutthe stadium,” York said.
“Thisd deal will make Santa Clarw a better placeto live, work and play in the future.” As part of a 40-yeadr agreement with the 49ers, city officials agrees to contribute $79 million to the project, including $42 millioj in redevelopment agency funds, $20 millionn from the city-owned utility districtf to relocate an electrical substatioj near the site and $17 millioj to build a parking garage.
That figuree is well below the $222 million city officials propose d spending on the project when it was firsft proposed twoyears ago, as they cited the poor economyt and shrinking city revenue as reasons for a much-reduced Another $35 million would be raised by a tax on guestsx staying at any one of eight hotels in the city’xs North Bayshore redevelopment area surroundint Great America. City officials stress no General Fundmoney -- which pays for city services such as police, parks and libraries — will be used to pay for stadiumk construction or operations.
A Stadiuj Authority, a joint powers governing body comprisee of city and team along with the 49ers and the NFL would be responsiblwfor $825 million in stadium construction costs under the agreement.
City Councilors Will Kennedy and Jamie McLeoe were the only ones to side with the dissenters in the audience who opposed any public subsidy forthe stadium. The 5-2 vote on a $79 million subsidy for the project came aftera two-and-a-half-hour presentationh and lengthy public comments that included concerns raised by the owner of California’s Great America, Cedare Fair of Sandusky, Ohio, has been negotiatinv to sell the sprawling thrill-ride park whichu is next to the proposerd stadium site to the 49ers.
An attorney representinvg the park owners, John Hickey of , askefd for a delay on the “We want to reach an agreement (to sell the but while you have been working on the term sheerfor months, we and members of the public have only had two business days to read this complex document.” Hickeu said he was surprised at earlietr comments made by Jennifer Sparacino, Santa Clara’s City Manager, that he regardedd as overly optimistic about the closenessd of an agreement between Cedar Fair and the 49ersw to sell the park.
Jed president of the 49ers, praised Santa Clara officials forcreating “the best infrastructurwe in the Bay Area” and told city officialse and a crowd of more than 150 onlookers that the proposefd 68,500-seat stadium to be built on an overflow parkinyg lot at the amusement park would not only host up to 10 NFL gamex annually, but possibly a variety of glamoroud events, including the World Cup soccer in the future. Stadiumj proponents also view it as a likely venue formajord concerts, college football bowl gamews and even the Super Bowl. “I feel the excitemenf in this city aboutthe stadium,” York said.
“Thisd deal will make Santa Clarw a better placeto live, work and play in the future.” As part of a 40-yeadr agreement with the 49ers, city officials agrees to contribute $79 million to the project, including $42 millioj in redevelopment agency funds, $20 millionn from the city-owned utility districtf to relocate an electrical substatioj near the site and $17 millioj to build a parking garage.
That figuree is well below the $222 million city officials propose d spending on the project when it was firsft proposed twoyears ago, as they cited the poor economyt and shrinking city revenue as reasons for a much-reduced Another $35 million would be raised by a tax on guestsx staying at any one of eight hotels in the city’xs North Bayshore redevelopment area surroundint Great America. City officials stress no General Fundmoney -- which pays for city services such as police, parks and libraries — will be used to pay for stadiumk construction or operations.
A Stadiuj Authority, a joint powers governing body comprisee of city and team along with the 49ers and the NFL would be responsiblwfor $825 million in stadium construction costs under the agreement.
Thursday, November 3, 2011
Obama hints at amnesty for illegal immigrants - The Business Review (Albany):
kdrummondbs37.blogspot.com
He also praised U.S. Sen. John McCain, R-Ariz., who was at a Whit House meeting on the issue and has supporte a legal path for undocumentedx immigrants and a guestworker “What’s also been acknowledged is that the 12 millioj or so undocumented workers are here who are not paying taxes in the ways that we’d like them to be paying taxes, who are living in the that is a group that we have to deal with in a common-sense way,” Obama said after the “And I think the American people are read for us to do so.
But it’s going to requirse some heavy lifting, it’s going to require a victory of practicalityy and common sense and good policy makingover short-ter m politics. That’s what I’jm committed to doing as president.” On his formerd campaign foe, he said: “I want to especiall y commend John McCain, who’s with me today, because along with folka likeLindsey Graham, he has already paid a significant politicakl cost for doing the right thing. I stanrd with him.” Obama also said Thursday he ismakinh U.S. Homeland Security Secretary Janet Napolitano a key poinf person on the immigrationreform push.
As Arizona’s forme r governor, Napolitano signed an employer sanctionx bill into law and backed deployment of National Guard troopsw alongthe Arizona-Mexico border. She, however, was skeptical abouyt a border wall and flirted with the idea of allowinb illegal immigrants to obtainmdrivers licenses. The federal governmentt is looking to ease thenotorious wait-times for immigrantws seeking work permits. Obama said that federap agencies are working to reduce backlogs for Visa and work permit applicatione and willmove immigration-related agenciezs toward more consumer-friendly practices. The U.S.
Citizenship and Immigratioh Service has struggled with applications backlogzs frustrating immigrantswith wait-times for “In the next 90 days, USCIS will launch a vastly improved Web site that will, for the firsty time ever, allow applicants to get updatesx on their status of their applications via e-mail and text messages and online,” Obama said at the White House “And anybody who’s dealt with families who are tryingb to deal with — navigate the immigrationn system, this is goinyg to save them huge amounts of time standing in waiting around, making phone calls, beingy put on hold.
It’s an examplew of some things that we can do administratively evenas we’red working through difficult issues surrounding comprehensive We’re going to leveragew cutting-edge technology to reduce the unnecessaru paperwork, backlogs, and the lack of transparency that’s caused so many people so much heartache.”
He also praised U.S. Sen. John McCain, R-Ariz., who was at a Whit House meeting on the issue and has supporte a legal path for undocumentedx immigrants and a guestworker “What’s also been acknowledged is that the 12 millioj or so undocumented workers are here who are not paying taxes in the ways that we’d like them to be paying taxes, who are living in the that is a group that we have to deal with in a common-sense way,” Obama said after the “And I think the American people are read for us to do so.
But it’s going to requirse some heavy lifting, it’s going to require a victory of practicalityy and common sense and good policy makingover short-ter m politics. That’s what I’jm committed to doing as president.” On his formerd campaign foe, he said: “I want to especiall y commend John McCain, who’s with me today, because along with folka likeLindsey Graham, he has already paid a significant politicakl cost for doing the right thing. I stanrd with him.” Obama also said Thursday he ismakinh U.S. Homeland Security Secretary Janet Napolitano a key poinf person on the immigrationreform push.
As Arizona’s forme r governor, Napolitano signed an employer sanctionx bill into law and backed deployment of National Guard troopsw alongthe Arizona-Mexico border. She, however, was skeptical abouyt a border wall and flirted with the idea of allowinb illegal immigrants to obtainmdrivers licenses. The federal governmentt is looking to ease thenotorious wait-times for immigrantws seeking work permits. Obama said that federap agencies are working to reduce backlogs for Visa and work permit applicatione and willmove immigration-related agenciezs toward more consumer-friendly practices. The U.S.
Citizenship and Immigratioh Service has struggled with applications backlogzs frustrating immigrantswith wait-times for “In the next 90 days, USCIS will launch a vastly improved Web site that will, for the firsty time ever, allow applicants to get updatesx on their status of their applications via e-mail and text messages and online,” Obama said at the White House “And anybody who’s dealt with families who are tryingb to deal with — navigate the immigrationn system, this is goinyg to save them huge amounts of time standing in waiting around, making phone calls, beingy put on hold.
It’s an examplew of some things that we can do administratively evenas we’red working through difficult issues surrounding comprehensive We’re going to leveragew cutting-edge technology to reduce the unnecessaru paperwork, backlogs, and the lack of transparency that’s caused so many people so much heartache.”
Tuesday, November 1, 2011
Discovery Channel's 'Gold Rush' Investor Jason Otteson from Noble Bullion - Sacramento Bee
obesonuqa.wordpress.com
Discovery Channel's 'Gold Rush' Investor Jason Otteson from Noble Bullion Sacramento Bee 1, 2011 -- /PRNewswire/ -- Jason Otteson, who was featured on Discovery Channel's hit show 'Gold Rush' for the second time Friday, October 28th, is the founder of Noble Bullion, LLC. He was formerly the leader of one of the largest online precious ... |
New York Daily News | Brooklyn mother of 12 mourned, hailed a hero: Police commish Ray Kelly among ... New York Daily News Police Commissioner Ray Kelly (at left), friends and family pay their respects to Zurana Horton during her viewing Saturday at the Cornerstone Baptist Church in Brooklyn. The Brooklyn mother of 12 killed while ... Slain Mom Zurana Horton Remembered How to End Violence? Get Guns Off the Street 3 Suspects Arrested In Shooting Death Of Mother Of 12 [Video] |
Friday, October 28, 2011
At work in law - Business First of Buffalo:
vypybiza.wordpress.com
While daily news reports highlighf diminishing profits at law firms both localltand nationally, and prominent firm s such as and announce layoffs, it has been easy to overlookk those firms that have not only survived the recession thus far, but have managec to grow. Among them: . Tom Cunninghamj is one of the partnerzs at the firm and he said when times are size matters. Cunningham said his firm has seen “steadty growth” over the past two years, increasin g staff from 48 people to 63since 2007. As for the he credits the operating style ofhis nine-year-olde firm for creating a model that has made layoffa unnecessary to this point.
“A lot of our growt h is attributable to the fact that we are a midsize firm and we fill a he said. “We can provide more servicesw than thesmall firms, but we are not the big firmes who maybe aren’t priced as competitivel y as we are.” Joining Rupp Baass in the growth department is Rochester-based . John Horn, who recentlt took over as partner-in-charge of their Buffalo said his firm has felt no ill effects of the as evidenced by the 64 percenrt growth in their legal staff since 2004 and the 11 percent growt h insupport staff. He ties theie ability to prosper duringt these difficult times to the conservative nature on whicnh the firmwas founded.
“We are very disciplined; we don’t beef up duringt the boom times and we try not to pare down durin g theleaner times,” Horn said. “That consistent, conservative strategic approach has reall y worked very wellfor us.” Horn’s predecessor, Craigv Slater, said while strategic planning does factor into theif growth, he attributes some of their success to the proactive efforts of their clients. “Times are tough, and we see more of our clientw looking outside of Buffalofor business,” he said.
“As they reacn out nationally, and in some cases, internationally for new business, we Slater said the broad scopwe of practices his firm covers allows them to better handled tougheconomic times. “We don’t want to be but we are businessmen too, and we try to react to change in smarrt ways and be prepared for whatever The fact that firms are stillp hiring comes as good news to the rush ofcolleges graduates, many from the Law School, who are coming into the professio at a time of economic uncertainty marked by hiring freezes and Kimberly Georger has been a lawyef for less than a week, and yet, despite the finds herself as the newest attorneh to join Rupp Baase Pfalzgraf Cunningha m & Coppola.
Having clerked at the firm prior to passingf thebar exam, Georger said she wasn’t nervous about landingh a job, something she can’t say for her friends and felloww law school graduates. “We just had our ceremony the other day and there were a lot of peoplwe there that I graduated and theystill haven’t founc a firm,” she said. Severak firms said the process of hiring recent law schoo graduates is something that isplanneds 12-18 months in advance and offerse are usually tendered long beforde the student passes the bar, makingv it more difficult to hire based on a futurw economy. Peter Klein is a partner with and a member ofthe firm’s recruitment committee.
He said that despite the economivc turmoiland uncertainty, the firm recently brought on five new attorneys, a number he classifiede as slightly larger than in previoues years. “We consider this to be an investmenyt inour future,” he said. “You need good peopl to build yourbusiness around.” Klein said the firm will beginn to plan for their hiring class of 2010 sometime this summer or earlg fall, and while they will be bringing on new attorneys how many remain to be seen. “We have made up our minds, that we aren’gt going to stop hiring, becausse that’s not good,” he said.
“You’ved got to continue to invest in your people durinbthese times. It just becomes a questiob of how much do we Klein saidJaeckle hasn’t seen the dropoff that has led some firme to cut staff, but he doesn’yt see business soaring either. “I would say we are someplacr inthe middle,” he said. “Things aren’t as good as our reallhy good years, but these cycleas happen.
We are certainly aware of the changesd that aregoing on, and we have never discussed
While daily news reports highlighf diminishing profits at law firms both localltand nationally, and prominent firm s such as and announce layoffs, it has been easy to overlookk those firms that have not only survived the recession thus far, but have managec to grow. Among them: . Tom Cunninghamj is one of the partnerzs at the firm and he said when times are size matters. Cunningham said his firm has seen “steadty growth” over the past two years, increasin g staff from 48 people to 63since 2007. As for the he credits the operating style ofhis nine-year-olde firm for creating a model that has made layoffa unnecessary to this point.
“A lot of our growt h is attributable to the fact that we are a midsize firm and we fill a he said. “We can provide more servicesw than thesmall firms, but we are not the big firmes who maybe aren’t priced as competitivel y as we are.” Joining Rupp Baass in the growth department is Rochester-based . John Horn, who recentlt took over as partner-in-charge of their Buffalo said his firm has felt no ill effects of the as evidenced by the 64 percenrt growth in their legal staff since 2004 and the 11 percent growt h insupport staff. He ties theie ability to prosper duringt these difficult times to the conservative nature on whicnh the firmwas founded.
“We are very disciplined; we don’t beef up duringt the boom times and we try not to pare down durin g theleaner times,” Horn said. “That consistent, conservative strategic approach has reall y worked very wellfor us.” Horn’s predecessor, Craigv Slater, said while strategic planning does factor into theif growth, he attributes some of their success to the proactive efforts of their clients. “Times are tough, and we see more of our clientw looking outside of Buffalofor business,” he said.
“As they reacn out nationally, and in some cases, internationally for new business, we Slater said the broad scopwe of practices his firm covers allows them to better handled tougheconomic times. “We don’t want to be but we are businessmen too, and we try to react to change in smarrt ways and be prepared for whatever The fact that firms are stillp hiring comes as good news to the rush ofcolleges graduates, many from the Law School, who are coming into the professio at a time of economic uncertainty marked by hiring freezes and Kimberly Georger has been a lawyef for less than a week, and yet, despite the finds herself as the newest attorneh to join Rupp Baase Pfalzgraf Cunningha m & Coppola.
Having clerked at the firm prior to passingf thebar exam, Georger said she wasn’t nervous about landingh a job, something she can’t say for her friends and felloww law school graduates. “We just had our ceremony the other day and there were a lot of peoplwe there that I graduated and theystill haven’t founc a firm,” she said. Severak firms said the process of hiring recent law schoo graduates is something that isplanneds 12-18 months in advance and offerse are usually tendered long beforde the student passes the bar, makingv it more difficult to hire based on a futurw economy. Peter Klein is a partner with and a member ofthe firm’s recruitment committee.
He said that despite the economivc turmoiland uncertainty, the firm recently brought on five new attorneys, a number he classifiede as slightly larger than in previoues years. “We consider this to be an investmenyt inour future,” he said. “You need good peopl to build yourbusiness around.” Klein said the firm will beginn to plan for their hiring class of 2010 sometime this summer or earlg fall, and while they will be bringing on new attorneys how many remain to be seen. “We have made up our minds, that we aren’gt going to stop hiring, becausse that’s not good,” he said.
“You’ved got to continue to invest in your people durinbthese times. It just becomes a questiob of how much do we Klein saidJaeckle hasn’t seen the dropoff that has led some firme to cut staff, but he doesn’yt see business soaring either. “I would say we are someplacr inthe middle,” he said. “Things aren’t as good as our reallhy good years, but these cycleas happen.
We are certainly aware of the changesd that aregoing on, and we have never discussed
Tuesday, October 25, 2011
Catherine Ashton : "Chaos, destruction and death that is going on in Syria ... - euronews
vuwodu.wordpress.com
euronews | Catherine Ashton : "Chaos, destruction and death that is going on in Syria ... euronews I was in Tunisia two weeks ago with a task force which is bringing together lots of differents parts of the EU member states, members of the European Parliament the institutions â€" and with the financial institutions: the World Bank, the African Bank ... |
Sunday, October 23, 2011
What Steve Jobs Learned From His Biggest Failure - Huffington Post
mesiaipuhuni1981.blogspot.com
Globe and Mail | What Steve Jobs Learned From His Biggest Failure Huffington Post Walter Isaacson's authorized biography of Steve Jobs traces the Apple co-founder's career in Silicon V » |
Friday, October 21, 2011
Hudson & Marshall foreclosure auction to feature 27 Triangle homes - Puget Sound Business Journal (Seattle):
gardellaorymiid1354.blogspot.com
The Triangle auction, conducted by auction companyh , will be held on at 1 p.m. at June 27 in the Hiltonb North Raleigh, 3415 Wake Forest Road. All of the homess in the auction will be sold Buyers who wish to inspecr properties before bidding may view homeas during an open house scheduled for June 20 from1 p.m. to 3 p.m. or by contactingv the listing agent foran appointment. Propertyh and listing agent information is available onHudsonj & Marshall’s Web site, www.hudsonandmarshall.com. All homex come with title insurance paid for bythe sellers. Winningy bidders will be required to make a cash or certified check depositof $2,50 for each property. 826 Carted Ave. Durham; 101 Wake St.
Dunn; 1526 Park Place, Hillsborough; 605 Grantlandd Drive, Raleigh; 911 Lancaster St., Rockyu Mount; 2521 Friedland Place, Unit 203, Raleigh; 2312 Lindmont Durham; 740 North White St., Wake Forest; 3033 Slocomb Rd., 400 Charlotte St., Roanoke Tract 3 Redding Road, 5724 Greenpine Road, Cedar Grove; 700 South Roxboroi St., Durham; 100 Waymon Way, Clayton; 210 Barnes St., 400 Melton Road, Rocky 104 Jones Court, Princeville; 260 East Fron t St., Clayton; 11223 Raleigh Road, Four Oaks; 313 Maddux Pikeville; 210 Hardingwood Drive, Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Spring House Chapel Hill; 2515 Moores Mill Road, 301 Fox Park Road, Louisburg; 303 St., Burlington.
The Triangle auction, conducted by auction companyh , will be held on at 1 p.m. at June 27 in the Hiltonb North Raleigh, 3415 Wake Forest Road. All of the homess in the auction will be sold Buyers who wish to inspecr properties before bidding may view homeas during an open house scheduled for June 20 from1 p.m. to 3 p.m. or by contactingv the listing agent foran appointment. Propertyh and listing agent information is available onHudsonj & Marshall’s Web site, www.hudsonandmarshall.com. All homex come with title insurance paid for bythe sellers. Winningy bidders will be required to make a cash or certified check depositof $2,50 for each property. 826 Carted Ave. Durham; 101 Wake St.
Dunn; 1526 Park Place, Hillsborough; 605 Grantlandd Drive, Raleigh; 911 Lancaster St., Rockyu Mount; 2521 Friedland Place, Unit 203, Raleigh; 2312 Lindmont Durham; 740 North White St., Wake Forest; 3033 Slocomb Rd., 400 Charlotte St., Roanoke Tract 3 Redding Road, 5724 Greenpine Road, Cedar Grove; 700 South Roxboroi St., Durham; 100 Waymon Way, Clayton; 210 Barnes St., 400 Melton Road, Rocky 104 Jones Court, Princeville; 260 East Fron t St., Clayton; 11223 Raleigh Road, Four Oaks; 313 Maddux Pikeville; 210 Hardingwood Drive, Goldsboro; 12351 Honeychurch St.
, Raleigh; 3233 Gold Dust Willow Spring; 5526 Spring House Chapel Hill; 2515 Moores Mill Road, 301 Fox Park Road, Louisburg; 303 St., Burlington.
Wednesday, October 19, 2011
Teacher shortage - Tampa Bay Business Journal:
budimirukaovyril.blogspot.com
For every Ph.D. graduate looking for work, there were almost three position available. In recent years, before the budget crises cutinto hiring, it was at four and five openings for every Ph.D. graduate. The industry is as close to a crisis as it has ever been in termds of having enough warm bodies at the top levelsa of education to train the flood of folkd now signing up tobe accountants. Without proper education channelsin place, finding a qualified CPA coulde prove more difficult in the future. “We’re overrun with students wanting to major in saysRick Elam, who holds the Reynolds Professo r of Accountancy at the . Mark Wilder is acutelg aware ofthe problem.
As dean of the at Ole Wilder had the task of fillintg not one butthree doctorate-level positionsw in his department this year, the singler largest recruitment year in decades. Wilder was recently names dean afteran 18-month interim period. With 11 tenure-tracjk faculty in the classroom, threw clinical professors andone instructor, the departmeng is at its peak. “This fall we will be as fully staffessince I’ve been here at Ole says Wilder, who joined the department in 1991 at age 31. “Itf was an unusual situation hiring three at one he says. “The market is tough for those trying to hirequalityt people.
” According to research conducted by Jim Hasselback, the at the , the numbeer of accounting doctorate graduates droppedd to 116 in 2007, down from 149 in 2006. It reachef a 16-year low in 2003 when the numbert of graduateshit 103. What’s more says Hasselback, who has tracked academia numbersfor 30-pluxs years, is the number of doctorate graduates who are in the U.S. on temporarty visas, meaning most will return to theithome country, further deteriorating the The situation is further compounded by the grayingg of the academic ranks in accounting Hasselback says. Of the current 3,642 accountinhg faculty with Ph.D.s at all 91 U.S. accountinvg schools that offer doctorates, or 44.
82%, are 55 and older. The average age of retiremenr is 63.6. “Retirement loomd big on the horizon,” says Doyler Williams, former president of the American Accounting Associatiom and chairman of the board for the Associatiobto . “It’s a big issued for us.” Hasselback, Williams and like Ole Miss’ Elam, who have watcheed the profession forseveral decades, aren’ t surprised by the current situation. Elam is former director of the School of Accountancy at the and spent six yearz at the American Institute of Certifiedf Public Accountantsfrom 1989-95 where one of the divisions he managef was Academic and Career Development.
“We knew 15 yearss ago that there was a problem withthe professorate,” Elam “I think the shortage has gotten worse than we thoughy it would.” Some, like Hasselback, predict that the only way out of the crisisx will be to lower the standards for a school to be AACSB certified, meanint fewer doctorally qualified facultyh on staff. The situation is so dire that at the end of July the announced a $15 million initiative aimed at reversingt the shortage of Ph.D.
accounting The Accounting DoctoralScholars program, funded by 70 of the country’ largest firms and some state CPA societies, will pay qualifiec students an annual stipend of $30,000 while they get theif doctorate degrees in audit and tax.
For every Ph.D. graduate looking for work, there were almost three position available. In recent years, before the budget crises cutinto hiring, it was at four and five openings for every Ph.D. graduate. The industry is as close to a crisis as it has ever been in termds of having enough warm bodies at the top levelsa of education to train the flood of folkd now signing up tobe accountants. Without proper education channelsin place, finding a qualified CPA coulde prove more difficult in the future. “We’re overrun with students wanting to major in saysRick Elam, who holds the Reynolds Professo r of Accountancy at the . Mark Wilder is acutelg aware ofthe problem.
As dean of the at Ole Wilder had the task of fillintg not one butthree doctorate-level positionsw in his department this year, the singler largest recruitment year in decades. Wilder was recently names dean afteran 18-month interim period. With 11 tenure-tracjk faculty in the classroom, threw clinical professors andone instructor, the departmeng is at its peak. “This fall we will be as fully staffessince I’ve been here at Ole says Wilder, who joined the department in 1991 at age 31. “Itf was an unusual situation hiring three at one he says. “The market is tough for those trying to hirequalityt people.
” According to research conducted by Jim Hasselback, the at the , the numbeer of accounting doctorate graduates droppedd to 116 in 2007, down from 149 in 2006. It reachef a 16-year low in 2003 when the numbert of graduateshit 103. What’s more says Hasselback, who has tracked academia numbersfor 30-pluxs years, is the number of doctorate graduates who are in the U.S. on temporarty visas, meaning most will return to theithome country, further deteriorating the The situation is further compounded by the grayingg of the academic ranks in accounting Hasselback says. Of the current 3,642 accountinhg faculty with Ph.D.s at all 91 U.S. accountinvg schools that offer doctorates, or 44.
82%, are 55 and older. The average age of retiremenr is 63.6. “Retirement loomd big on the horizon,” says Doyler Williams, former president of the American Accounting Associatiom and chairman of the board for the Associatiobto . “It’s a big issued for us.” Hasselback, Williams and like Ole Miss’ Elam, who have watcheed the profession forseveral decades, aren’ t surprised by the current situation. Elam is former director of the School of Accountancy at the and spent six yearz at the American Institute of Certifiedf Public Accountantsfrom 1989-95 where one of the divisions he managef was Academic and Career Development.
“We knew 15 yearss ago that there was a problem withthe professorate,” Elam “I think the shortage has gotten worse than we thoughy it would.” Some, like Hasselback, predict that the only way out of the crisisx will be to lower the standards for a school to be AACSB certified, meanint fewer doctorally qualified facultyh on staff. The situation is so dire that at the end of July the announced a $15 million initiative aimed at reversingt the shortage of Ph.D.
accounting The Accounting DoctoralScholars program, funded by 70 of the country’ largest firms and some state CPA societies, will pay qualifiec students an annual stipend of $30,000 while they get theif doctorate degrees in audit and tax.
Monday, October 17, 2011
Kentucky gets federal funds for ferries - Business First of Louisville:
vittitowmehigyk1238.blogspot.com
The funds, which were provided as part of the Americamn Recovery andReinvestment Act, will be awarded by the for projectse in 19 states and the U.S. Virgih Islands. According to a news release from the these Kentucky counties will receive funding for projects: • Butler, $300,000 to build a new Reedxs Ferry boat; • Crittenden, $90,000 to construct and rehabilitatwe the Cave in Rock Ferry landing to reduce service • Monroe, $300,000 to replace the aging Turkey Neck Bend Ferry.
“Thre Recovery Act was put in plac quickly to rescue the economy from the worst recession since the Great Depressiohn and rebuild it for a stronger Transportation Secretary Ray LaHood said inthe “Rebuilding the nation’s infrastructure is a key part of that prescriptioj for strength.” he said. “I t creates jobs today and builds for more sustainable economymoving forward. “Ther projects we selected will help put peopled back to work and at the same time offee more access to areas that lacktransportationn options.
It is about providing more trave l choices to people from communities that need itthe
The funds, which were provided as part of the Americamn Recovery andReinvestment Act, will be awarded by the for projectse in 19 states and the U.S. Virgih Islands. According to a news release from the these Kentucky counties will receive funding for projects: • Butler, $300,000 to build a new Reedxs Ferry boat; • Crittenden, $90,000 to construct and rehabilitatwe the Cave in Rock Ferry landing to reduce service • Monroe, $300,000 to replace the aging Turkey Neck Bend Ferry.
“Thre Recovery Act was put in plac quickly to rescue the economy from the worst recession since the Great Depressiohn and rebuild it for a stronger Transportation Secretary Ray LaHood said inthe “Rebuilding the nation’s infrastructure is a key part of that prescriptioj for strength.” he said. “I t creates jobs today and builds for more sustainable economymoving forward. “Ther projects we selected will help put peopled back to work and at the same time offee more access to areas that lacktransportationn options.
It is about providing more trave l choices to people from communities that need itthe
Saturday, October 15, 2011
Sky Airlines B734 at Antalya on Oct 10th 2011, burst tyre on landing - The Aviation Herald
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Hurriyet Daily News | Sky Airlines B734 at Antalya on Oct 10th 2011, burst tyre on landing The Aviation Herald A Sky Airlines Boeing 737-400, registration TC-SKF performing flight ZY-8756 from Karlsruhe/Baden-Baden (Germany) to Antalya (Turkey) with 156 passengers and 6 crew, burst a right hand main gear tyre upon landing on Antalya's runway 18C at 12:06L ... Official: Plane lands resting on engine in Turkey after landing gear breaks ... Turkish plane makes belly landing, no injuries: report |
Wednesday, October 12, 2011
Newmark Homes Houston buying local TOUSA assets - Los Angeles Business from bizjournals:
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TOUSA plans to complete and sell all homesd currentlyunder construction. Moody said the new companhy will beprivately held, locallyh owned and financed. “Our management team has over 70 combined experience,” he said. The new compan y plans to build 60 homes ranging in pricefrom $160,009 to more than $600,000 in the first 60 days of which will officially begin June 15. Moodty said 55 employees of TOUSA will remain with the new compan y after TOUSA winds down its localbusiness TOUSA’s predecessor company was founded in Houstojn in 1983 as and completedf an initial public offering in March 1998. In December TOUSA Inc. acquired 80 percent of Newmark’es stock. TOUSA Inc.
also acquired 100 percent of then-publicf in November 2000. On June 25, Engle merged with Newmark, and the mergefd company changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it planned to lay off 156 peoplre in the Houston area from its Newmarlk Homes brand beginning May 22 due to the downturn in thehousin market.
TOUSA plans to complete and sell all homesd currentlyunder construction. Moody said the new companhy will beprivately held, locallyh owned and financed. “Our management team has over 70 combined experience,” he said. The new compan y plans to build 60 homes ranging in pricefrom $160,009 to more than $600,000 in the first 60 days of which will officially begin June 15. Moodty said 55 employees of TOUSA will remain with the new compan y after TOUSA winds down its localbusiness TOUSA’s predecessor company was founded in Houstojn in 1983 as and completedf an initial public offering in March 1998. In December TOUSA Inc. acquired 80 percent of Newmark’es stock. TOUSA Inc.
also acquired 100 percent of then-publicf in November 2000. On June 25, Engle merged with Newmark, and the mergefd company changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it planned to lay off 156 peoplre in the Houston area from its Newmarlk Homes brand beginning May 22 due to the downturn in thehousin market.
Monday, October 10, 2011
Thumbs up, thumbs down - Danbury News Times
ykyhola.blogspot.com
Thumbs up, thumbs down Danbury News Times THUMBS UP to Linda Van Valkenburgh and members of her family for entreating the Danbury City Council to name a small section of road off Pocono Lane in honor of her late father, Neil Van Valkenburgh. Naming a stretch Neil's Way pays homage to a ... |
Saturday, October 8, 2011
Comcast Corp. adds high-def channels to programming - Baltimore Business Journal:
http://www.zopeserviceprovider.com/2000/shopping/merchandise/cellar-selection-club.html
The cable giant, Baltimore's largest cable has added ABC Family, the , the Science Channel, WUTB My24 and superstatiojn WGN to its roster ofHD networks. In Philadelphia-based Comcast (NASDAQ: CMCSA) added American Movie Classics, Animal CNN, History Channel and the Learning Channel to its lineulp ofHD programming. An HD box costs Comcast subscribersx in the Baltimoreregio $7.50 per month. The cable providerf offers more than 40 networksin HD, not includin g its lineup of On-Demand programming. Comcast is looking to providde viewers with morethan 1,000 movie titlese and TV shows in HD by the end of 2008.
Comcast'ss Eastern Division has six million residential and business customersacross Maryland, Washington, D.C., New Jersey, North Carolina, Ohio, Pennsylvania, Virginiaz and West Virginia. Comcast has seen competition for digital cablse increase throughout the region in thelast (NYSE: VZ) has launche its FiOS service in Marylaned in parts of Anne Arundel, Baltimore, Howard, Montgomery, and Princs George's counties.
The cable giant, Baltimore's largest cable has added ABC Family, the , the Science Channel, WUTB My24 and superstatiojn WGN to its roster ofHD networks. In Philadelphia-based Comcast (NASDAQ: CMCSA) added American Movie Classics, Animal CNN, History Channel and the Learning Channel to its lineulp ofHD programming. An HD box costs Comcast subscribersx in the Baltimoreregio $7.50 per month. The cable providerf offers more than 40 networksin HD, not includin g its lineup of On-Demand programming. Comcast is looking to providde viewers with morethan 1,000 movie titlese and TV shows in HD by the end of 2008.
Comcast'ss Eastern Division has six million residential and business customersacross Maryland, Washington, D.C., New Jersey, North Carolina, Ohio, Pennsylvania, Virginiaz and West Virginia. Comcast has seen competition for digital cablse increase throughout the region in thelast (NYSE: VZ) has launche its FiOS service in Marylaned in parts of Anne Arundel, Baltimore, Howard, Montgomery, and Princs George's counties.
Thursday, October 6, 2011
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Phoenix Business Journal:
http://capitalrealestatewa.com/about-felixstowe-a-record-of-felixstowe-felixstowe-a-flavorsome-coastal-town.html
U.S. Army officials worked feverishlg over the past week topull St. John Properties into the fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangementt couldbe struck, company spokesmanb Gerard J. Wit said in a telephone interviewa Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-staryt this right away.” Aberdeen is gearing up for a significanty influx of military jobs underthe Pentagon’xs Base Realignment and Closure plan, expected to be completedr by September 2011.
About 8,200 military jobs will be transferrexd tothe base, in additiomn to as many as 18,000 private contracting jobs from companiew that do business with the incoming militaryt agencies. The approved Opus East's selection of St. John Propertiews to take over the Government and Technologyg Enterprise business park because of theBaltimorw developer’s ability to move forwardr with new construction, Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekij LLC.
Opus East was awarded rights to develop the government-owned land under a lease with the Army in Novembert 2007 and broke grouncd on its first building in December of that Since then, the company became straddled with millionx of dollars in construction loanxs it has been unable to and the company has not startes any new construction at the project for more than a year. The deal was inkeed June 19 betweenOpus St. John Properties, with the backinhg of the Army. St. John and the Army Corps of Engineers issued statements Tuesday announcing the Witsaid St. John will pay Opus East an undiscloseed amount of money for its developmenyt rightsat Aberdeen. In connection with the St.
John has hired Opus East projec manager Matthew Holbrook to oversee the GATE projectr as its director of defense andgovernmenrt business. “Aberdeen Proving Ground is excitex about moving the project forwardwith St. John Tim McNamara, APG deputy garrisom commander, said in a “We consider it a positive step to have their experienced management team spearheadingthe build-out of this As the to help it consider optionsw including bankruptcy. Its parent company, , has also sought bankruptcy protectionfor it’ws Opus South subsidiary and for two more subsidiariesa of its Opus West regional operation.
Opus spokeswoman Winston Hewett said Opus East is still evaluating its options but has not made any decisionxabout bankruptcy. The company was forced to relinquish its rights to the Aberdeen project because it has been unablwe to finance morethan $50 million in construction loanx it took out to finance its projects. Most pressing amongb those debtsis $35 million the developer spent to build a new headquartersw for the National Oceanic and Atmospheric Administration in College for which it has sued the federall government to collect its wages on that Hewett said. St.
John plans to break groundx in the next two months on at leasrt three new buildings at the Harford County military base, with commitments from defensde contractors for up to 300,000 square feet of research and development space, Wit said. Wit did not disclose the namew of any ofthose tenants. Those buildings woulr be in addition toa 60,000-square-foof building Opus East completed in Decembedr 2008 for defense contractotr CACI. “We view this developmeng as the most significant commerciaol real estate opportunity in the history ofour company,” St. John Presidenty Edward A. St.
John said in a “This is based on the amount of squar e footage that can eventually be developed as well as the importanf work that will be completedby end-users that occupyh this space.” St. John Properties is the third-largest propert y management firm inGreater Baltimore, with nearluy 11 million square feet of commercial spacd in the region. But takingb over the Aberdeen project represents a shift forthe company, whichy has sought to tap into the demand for government contracting space up untikl now.
Wit said the company has also soughr in the past to buy land for itsown developments, rathee than to lease property from the government such as at Opus East preliminarily received commitments from firmds seeking space at its 413-acre Government and Technology Enterpriss business park but did not staryt any additional construction. The developer was unwillinv to divide any of its buildingdsinto multi-tenanted space, Wit said, preferring instead to construct buildings for a single tenant. That’d created a pent-up demand for companies seekingtfrom 5,000 square feet to upwarsd of 20,000 square feet, Wit said.
“For all the hoopl a that BRAC has brought, there’s really only one buildinvg that Opus was able to Wit said. “If you don’t have the place to park thosde people, if you don’tf have the buildings to put them in, therr was going to be a real logistical problem.”
U.S. Army officials worked feverishlg over the past week topull St. John Properties into the fearful the project would come to a halt if Opus East filedc for bankruptcy protection before an arrangementt couldbe struck, company spokesmanb Gerard J. Wit said in a telephone interviewa Tuesday. “It was a real week-long effort to get this done,” Wit “We’re going to get in and try to kick-staryt this right away.” Aberdeen is gearing up for a significanty influx of military jobs underthe Pentagon’xs Base Realignment and Closure plan, expected to be completedr by September 2011.
About 8,200 military jobs will be transferrexd tothe base, in additiomn to as many as 18,000 private contracting jobs from companiew that do business with the incoming militaryt agencies. The approved Opus East's selection of St. John Propertiews to take over the Government and Technologyg Enterprise business park because of theBaltimorw developer’s ability to move forwardr with new construction, Bob Penn, program director with the Army said in a statement. As in taking over the including (NYSE: OFC) and Manekij LLC.
Opus East was awarded rights to develop the government-owned land under a lease with the Army in Novembert 2007 and broke grouncd on its first building in December of that Since then, the company became straddled with millionx of dollars in construction loanxs it has been unable to and the company has not startes any new construction at the project for more than a year. The deal was inkeed June 19 betweenOpus St. John Properties, with the backinhg of the Army. St. John and the Army Corps of Engineers issued statements Tuesday announcing the Witsaid St. John will pay Opus East an undiscloseed amount of money for its developmenyt rightsat Aberdeen. In connection with the St.
John has hired Opus East projec manager Matthew Holbrook to oversee the GATE projectr as its director of defense andgovernmenrt business. “Aberdeen Proving Ground is excitex about moving the project forwardwith St. John Tim McNamara, APG deputy garrisom commander, said in a “We consider it a positive step to have their experienced management team spearheadingthe build-out of this As the to help it consider optionsw including bankruptcy. Its parent company, , has also sought bankruptcy protectionfor it’ws Opus South subsidiary and for two more subsidiariesa of its Opus West regional operation.
Opus spokeswoman Winston Hewett said Opus East is still evaluating its options but has not made any decisionxabout bankruptcy. The company was forced to relinquish its rights to the Aberdeen project because it has been unablwe to finance morethan $50 million in construction loanx it took out to finance its projects. Most pressing amongb those debtsis $35 million the developer spent to build a new headquartersw for the National Oceanic and Atmospheric Administration in College for which it has sued the federall government to collect its wages on that Hewett said. St.
John plans to break groundx in the next two months on at leasrt three new buildings at the Harford County military base, with commitments from defensde contractors for up to 300,000 square feet of research and development space, Wit said. Wit did not disclose the namew of any ofthose tenants. Those buildings woulr be in addition toa 60,000-square-foof building Opus East completed in Decembedr 2008 for defense contractotr CACI. “We view this developmeng as the most significant commerciaol real estate opportunity in the history ofour company,” St. John Presidenty Edward A. St.
John said in a “This is based on the amount of squar e footage that can eventually be developed as well as the importanf work that will be completedby end-users that occupyh this space.” St. John Properties is the third-largest propert y management firm inGreater Baltimore, with nearluy 11 million square feet of commercial spacd in the region. But takingb over the Aberdeen project represents a shift forthe company, whichy has sought to tap into the demand for government contracting space up untikl now.
Wit said the company has also soughr in the past to buy land for itsown developments, rathee than to lease property from the government such as at Opus East preliminarily received commitments from firmds seeking space at its 413-acre Government and Technology Enterpriss business park but did not staryt any additional construction. The developer was unwillinv to divide any of its buildingdsinto multi-tenanted space, Wit said, preferring instead to construct buildings for a single tenant. That’d created a pent-up demand for companies seekingtfrom 5,000 square feet to upwarsd of 20,000 square feet, Wit said.
“For all the hoopl a that BRAC has brought, there’s really only one buildinvg that Opus was able to Wit said. “If you don’t have the place to park thosde people, if you don’tf have the buildings to put them in, therr was going to be a real logistical problem.”
Tuesday, October 4, 2011
Uninsured travellers believe the government will pay health bills - Daily Mail
xysecurakihir.blogspot.com
Daily Mail | Uninsured travellers believe the government will pay health bills Daily Mail A new survey has revealed that 20 per cent of British travellers do not take out insurance before going abroad - a shortf » |
Sunday, October 2, 2011
Gov.: GlobalFoundry
haga-aa8xuq.blogspot.com
billion computer chip plant in Malta, Gov. Davide Paterson said today. The deal was reached between theand U.S. the firm working on the GlobalFoundry’s Fab 2 Paterson said the “labor peace agreement” will be signedx this week. Paterson said he intervened inthe process, whichg led to the two parties negotiatinbg for the past several weeka to work out the details of the construction agreement. Under the local building trades have pledged not to strikes or engage in other actions that wouldimpede construction. “The collaborationm of GlobalFoundries with the local buildingt trades is a model of the privat sector and organized labor working Paterson said.
It will take about two years and 1,500p workers to build the 1.2 million-square-footy plant. When the plant is completed, there will be 1,40o0 GlobalFoundry’s workers making an average salaryof $60,000 a The plant’s annual payroll will be more than $88 million. “This Project Labor Agreement is truly an accomplishmen t for the people of the Capital Region and theentired state,” said Robert Mantello, president of the Greater Capital District Building and Construction Trades Councilp AFL-CIO. Ed Malloy, president of the , said the laboer agreement means the chipplant “wilol be constructed in the best interest of the New York statr taxpayers.
”
billion computer chip plant in Malta, Gov. Davide Paterson said today. The deal was reached between theand U.S. the firm working on the GlobalFoundry’s Fab 2 Paterson said the “labor peace agreement” will be signedx this week. Paterson said he intervened inthe process, whichg led to the two parties negotiatinbg for the past several weeka to work out the details of the construction agreement. Under the local building trades have pledged not to strikes or engage in other actions that wouldimpede construction. “The collaborationm of GlobalFoundries with the local buildingt trades is a model of the privat sector and organized labor working Paterson said.
It will take about two years and 1,500p workers to build the 1.2 million-square-footy plant. When the plant is completed, there will be 1,40o0 GlobalFoundry’s workers making an average salaryof $60,000 a The plant’s annual payroll will be more than $88 million. “This Project Labor Agreement is truly an accomplishmen t for the people of the Capital Region and theentired state,” said Robert Mantello, president of the Greater Capital District Building and Construction Trades Councilp AFL-CIO. Ed Malloy, president of the , said the laboer agreement means the chipplant “wilol be constructed in the best interest of the New York statr taxpayers.
”
Friday, September 30, 2011
Nonprofits brace for budget emergency aftershocks, IOUs - Kansas City Business Journal:
zemlyanikiyri.blogspot.com
While service providers don’t yet know whether they’llp receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe worst. “Wse receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statdlate — last year, for it took until December before we finally got For this year and last year the center has relieds on a $150,000 line of credit througbh to cover the gap, alonf with $500,000 out of its reserve funds. The center’s operatinb budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatse covers, in part, the center’s shelter and drop-in program, street outreach, and parenting “The problem right now is that we don’g know for certain how much they’r e going to hold back,” said who has been with the centet for 26 years. “Buy this is by far the worst I’ve ever seen.” In anticipationj of the state’s budget problems, 10 percenyt cuts have already been plannedfor foster-care payments. Locallyt there are 300 to 400 kids infostetr care.
Foster care rates are the same acrosdsthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordable places. “We’re fronting half a million dollaras already,” she said. It’s a layered problem for the center, sincre in addition to state money some come s from the federal Housing and UrbamDevelopment department. And Harlan said HUD is so slow it can take up to six monthss for payments tobe received. “We’rse hoping to get paid by July,” she said. “Nonprofitx are just getting slammed.
” Harlan said the Bill Wilsonn Center has closed down two programds already and cut about 15 percenft ofits staff, leaving abouyt 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “Wer had to give one staff person a layoffv notice and a week later his wife was laid off fromanothed nonprofit,” she said. in Campbell gets about $500,000 a year from the statew for itsAIDS services. CFO Ira Holtzmanh said the agency is large enough and financially stable enougyh that he would just book an IOU as accountsa receivable and hope the money camethrough eventually.
The Healthh Trust’s budget for fiscal year 2010 is morethan $16 million, Holtzmabn said. Pam Brandin, executive director of and Visually Impaired, which has offices in Palo Alto andSants Cruz, said that even though her agency provides the kind of servicex that are especially at risk in Statr Controller John Chiang’s plan, the Vista Centerd is relatively safe. “We receivwe money through Title 7 Chapter2 services,” Brandin explained. “Since much of our fundin is federalmoney we’re hoping that it has to be releasecd and passed on; the state won’t be allowed to hold on to it.
” The Vistaa Center also has school contracts through speciao education funding. “Last year when the state had similafr budget issueswe didn’t receivew any IOUs,” she said, “but that situationb was resolved sooner than this appearss to be. The agenciexs that receive IOUsprobably won’t even know they’re cominv until they submit their bills.” She’se also banking on Vista Center’s statud as a preferred vendor with the “so we’ll be paid in advance of other vendors — if in fact the state is even writinf checks.
” Lisa Hendrickson, presidentf & CEO of Avenidas Rose Kleinefr Senior Day Health Center in Palo Alto, is also cautiouslu optimistic. “The only funds we receive from the state are MediCalp payments for services provided at our adultdaycare center,” she “Our understanding is that those services are protected by the stater constitution as well as federaol law. We do receive fundingh indirectly throughthe county, but we don’t expecr that to be affected.” Tom public policy director of the , said peopls are on pins and needles.
“Everyone’s sitting around waiting, not knowing what’s going to But even with the most optimisticoutcomw it’s still going to be very ugly.” He pointeed out that the deficit last year for Santa Clarwa County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugz and alcohol and social services. And there’s no reliecf on the horizon: For 2011 the county is lookinv at a deficit ofabout $250 he said.
While service providers don’t yet know whether they’llp receive IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe worst. “Wse receive about $400,000 in state Harlan said. “We’re already accustomed to getting money from the statdlate — last year, for it took until December before we finally got For this year and last year the center has relieds on a $150,000 line of credit througbh to cover the gap, alonf with $500,000 out of its reserve funds. The center’s operatinb budget is $10 million for fiscal 2009-10.
The money that may be on hold from thestatse covers, in part, the center’s shelter and drop-in program, street outreach, and parenting “The problem right now is that we don’g know for certain how much they’r e going to hold back,” said who has been with the centet for 26 years. “Buy this is by far the worst I’ve ever seen.” In anticipationj of the state’s budget problems, 10 percenyt cuts have already been plannedfor foster-care payments. Locallyt there are 300 to 400 kids infostetr care.
Foster care rates are the same acrosdsthe state, so families in high-cost areas such as the Bay Area get the same amounr of compensation as people in more affordable places. “We’re fronting half a million dollaras already,” she said. It’s a layered problem for the center, sincre in addition to state money some come s from the federal Housing and UrbamDevelopment department. And Harlan said HUD is so slow it can take up to six monthss for payments tobe received. “We’rse hoping to get paid by July,” she said. “Nonprofitx are just getting slammed.
” Harlan said the Bill Wilsonn Center has closed down two programds already and cut about 15 percenft ofits staff, leaving abouyt 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “Wer had to give one staff person a layoffv notice and a week later his wife was laid off fromanothed nonprofit,” she said. in Campbell gets about $500,000 a year from the statew for itsAIDS services. CFO Ira Holtzmanh said the agency is large enough and financially stable enougyh that he would just book an IOU as accountsa receivable and hope the money camethrough eventually.
The Healthh Trust’s budget for fiscal year 2010 is morethan $16 million, Holtzmabn said. Pam Brandin, executive director of and Visually Impaired, which has offices in Palo Alto andSants Cruz, said that even though her agency provides the kind of servicex that are especially at risk in Statr Controller John Chiang’s plan, the Vista Centerd is relatively safe. “We receivwe money through Title 7 Chapter2 services,” Brandin explained. “Since much of our fundin is federalmoney we’re hoping that it has to be releasecd and passed on; the state won’t be allowed to hold on to it.
” The Vistaa Center also has school contracts through speciao education funding. “Last year when the state had similafr budget issueswe didn’t receivew any IOUs,” she said, “but that situationb was resolved sooner than this appearss to be. The agenciexs that receive IOUsprobably won’t even know they’re cominv until they submit their bills.” She’se also banking on Vista Center’s statud as a preferred vendor with the “so we’ll be paid in advance of other vendors — if in fact the state is even writinf checks.
” Lisa Hendrickson, presidentf & CEO of Avenidas Rose Kleinefr Senior Day Health Center in Palo Alto, is also cautiouslu optimistic. “The only funds we receive from the state are MediCalp payments for services provided at our adultdaycare center,” she “Our understanding is that those services are protected by the stater constitution as well as federaol law. We do receive fundingh indirectly throughthe county, but we don’t expecr that to be affected.” Tom public policy director of the , said peopls are on pins and needles.
“Everyone’s sitting around waiting, not knowing what’s going to But even with the most optimisticoutcomw it’s still going to be very ugly.” He pointeed out that the deficit last year for Santa Clarwa County was more than $270 million, and many of the cuts were made in programs around health, mental health, drugz and alcohol and social services. And there’s no reliecf on the horizon: For 2011 the county is lookinv at a deficit ofabout $250 he said.
Tuesday, September 27, 2011
Sunday, September 25, 2011
Washington, D.C. Technology Jobs - View Washington, D.C. Technology Jobs
efimtsovavadan.blogspot.com
View Technology Jobs View ExecutiveJobs D.C. Academic Jobs D.C. Accounting Jobs Washington, D.C. Marketing Jobs D.C. Allied Health Jobs Washington, D.C. Finance Jobs Washington, D.C. Biotechnologu Jobs Washington, D.C. Consulting Jobs D.C. Dental Jobs Washington, D.C. Food Servicd Jobs Washington, D.C. Government Jobs D.C. Healthcare Jobs D.C. Hospitality Jobs Washington, D.C. Hotel Jobs Washington, D.C. Human Resources Jobs Washington, D.C. Insurance Jobs D.C. Legal Jobs Washington, D.C. Mediqa Jobs Washington, D.C. Mortgage Jobs Washington, D.C. Nursingh Jobs Washington, D.C. Pharmaceutical Jobs D.C. Physician Jobs Washington, D.C. Real Estatr Jobs Washington, D.C.
Restaurant Jobs Washington, D.C. Sales Jobs Washington, D.C. Socialo Services Jobs Washington, D.C. Technology Jobs D.C. Travel Jobs
View Technology Jobs View ExecutiveJobs D.C. Academic Jobs D.C. Accounting Jobs Washington, D.C. Marketing Jobs D.C. Allied Health Jobs Washington, D.C. Finance Jobs Washington, D.C. Biotechnologu Jobs Washington, D.C. Consulting Jobs D.C. Dental Jobs Washington, D.C. Food Servicd Jobs Washington, D.C. Government Jobs D.C. Healthcare Jobs D.C. Hospitality Jobs Washington, D.C. Hotel Jobs Washington, D.C. Human Resources Jobs Washington, D.C. Insurance Jobs D.C. Legal Jobs Washington, D.C. Mediqa Jobs Washington, D.C. Mortgage Jobs Washington, D.C. Nursingh Jobs Washington, D.C. Pharmaceutical Jobs D.C. Physician Jobs Washington, D.C. Real Estatr Jobs Washington, D.C.
Restaurant Jobs Washington, D.C. Sales Jobs Washington, D.C. Socialo Services Jobs Washington, D.C. Technology Jobs D.C. Travel Jobs
Friday, September 23, 2011
Colorado skier visits down 5.5% for the season - Minneapolis / St. Paul Business Journal:
tulusenoveb.blogspot.com
percent from last year, reported Thursday. But the state’s ski resortds had an uptick in visit by FrontRange residents, and Melanie Ski Country’s president and CEO, pronounced herseltf “very happy with wherre visitation is for this season.” “Thde travel industry as a whole was put to the test this past Mills said in a statement. “Bu t visitation numbers show not only the enduriny value of a Coloradoski vacation, but the strong commitment our resident skiing and riding community has to our state’xs signature sports.” Ski Country is a marketingy and trade group for 22 Colorado mountaim resorts. Those member resorts alone recorderd 6.
79 million skier visits this season, down 6.9 percen t from the previous year, Ski Country said. Membe resort numbers for 2008-09 were down 3.9 percenr from the average of the last five SkiCountry said. Ski Countruy said that in-state resort visits were up 2.5 percent over last as Front Range residents took advantage of bargains and stayer closer to home to keep down vacatiomn andrecreations costs. Ski areas operateed by Broomfield-based aren’t members of Ski Those resortsinclude Breckenridge, Vail, Beaver Creekm and Keystone. Vail Resorts last week said its total skiert visits at all itsresorts — includinbg Heavenly in California-Nevada — were down 5.
3 percentg from the previous
percent from last year, reported Thursday. But the state’s ski resortds had an uptick in visit by FrontRange residents, and Melanie Ski Country’s president and CEO, pronounced herseltf “very happy with wherre visitation is for this season.” “Thde travel industry as a whole was put to the test this past Mills said in a statement. “Bu t visitation numbers show not only the enduriny value of a Coloradoski vacation, but the strong commitment our resident skiing and riding community has to our state’xs signature sports.” Ski Country is a marketingy and trade group for 22 Colorado mountaim resorts. Those member resorts alone recorderd 6.
79 million skier visits this season, down 6.9 percen t from the previous year, Ski Country said. Membe resort numbers for 2008-09 were down 3.9 percenr from the average of the last five SkiCountry said. Ski Countruy said that in-state resort visits were up 2.5 percent over last as Front Range residents took advantage of bargains and stayer closer to home to keep down vacatiomn andrecreations costs. Ski areas operateed by Broomfield-based aren’t members of Ski Those resortsinclude Breckenridge, Vail, Beaver Creekm and Keystone. Vail Resorts last week said its total skiert visits at all itsresorts — includinbg Heavenly in California-Nevada — were down 5.
3 percentg from the previous
Wednesday, September 21, 2011
Finding tenant will be difficult - Business Courier of Cincinnati:
ovaluleq.wordpress.com
The 1.3 million-square-foot building is one of the largesr properties inthe area, with more square footagew than the Kettering Tower, One Daytonb Centre and the KeyBan k Tower combined. Paul Hutchins, owner and broker with Dayton-basecd , said only a few users could fill theentired campus, and those types of tenants rarelyg come along. “You would have to look for somebodh looking for acorporate headquarters,” Hutchins said, notint that would be a difficult task in the currentr environment. Mark Fornes, owner of Centerville-based , agreed that a one-shot tenant would be hard to “There’s not too many 1 million-square-foot usersd running around,” Fornes said.
According to Montgomerh Countyproperty records, the buildinhg is valued at $31.4 million and sits on 54 acres. An emptu NCR headquarters would bump the Dayton market officre vacancy ratefrom 21.2 percengt to 27.6 percent. Fornes said the sheer size of the building presents thebiggest challenge. But he said the in the city of Dayton but not in the centraklbusiness district, makes it a differentt animal. “You have the free It makes it more like a suburban center in acentral location,” Fornes Hutchins said by dividing the propertt to become a multi-tenant it would take eight to 10 yearx to completely fill the facility, which is locate d at 1700 S. Patterson Blvd.
He said the regiom could get lucky and find a user that wantd to relocateits headquarters, but it would take proactivr government action. Even though the costse to subdivide the building wouldbe large, Forneas said the building woul d fill up quicker with a combination of smaller users, rather than hunting for one giantt tenant. Hutchins said the only problem with doing that is the operational costs. For it to make sense to maintain the building, the firsr tenant would have to fill at least 200,000 squard feet of space. Anything smaller would be a highlgy inefficient useof space, he said. There are some potential optionws forthe campus.
A larg e defense contractor might be interested inthe facility, Hutchines said, as it offers a campud setting, is wired for high-techu capabilities and has plenty of nearbyg amenities. Brokers said donating the building to an educatiojn institution or the city of Daytonj may be thebest option. Hutchins said a good optiobn would be giving the buildinbg tothe . NCR would gain the benefitsw of atax write-off and the universityy would have a business campus, complete with parking, a cafeteria and plenty of spacer for classrooms, to mold for its “I bet they’ve already talked about donating it to Hutchins said.
“Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tech technology center.” Fornes also said donation to a university would make “It would be reallh nice if they give it to Fornes said. “It would be a nice gesture in return for takinbg theirheadquarters out.” NCR said Wednesday that Los Angeles-based will be marketint the headquarters. CB Richard Ellix also was selected by NCR in the firsty quarter of this year to handlefacilitiesa management, transaction management, lease administration and project management serviced across the company’s 5.5 million-square-foot real estate portfolio.
CB Richard Ellisz officials could not be reached for commengt forthis story.
The 1.3 million-square-foot building is one of the largesr properties inthe area, with more square footagew than the Kettering Tower, One Daytonb Centre and the KeyBan k Tower combined. Paul Hutchins, owner and broker with Dayton-basecd , said only a few users could fill theentired campus, and those types of tenants rarelyg come along. “You would have to look for somebodh looking for acorporate headquarters,” Hutchins said, notint that would be a difficult task in the currentr environment. Mark Fornes, owner of Centerville-based , agreed that a one-shot tenant would be hard to “There’s not too many 1 million-square-foot usersd running around,” Fornes said.
According to Montgomerh Countyproperty records, the buildinhg is valued at $31.4 million and sits on 54 acres. An emptu NCR headquarters would bump the Dayton market officre vacancy ratefrom 21.2 percengt to 27.6 percent. Fornes said the sheer size of the building presents thebiggest challenge. But he said the in the city of Dayton but not in the centraklbusiness district, makes it a differentt animal. “You have the free It makes it more like a suburban center in acentral location,” Fornes Hutchins said by dividing the propertt to become a multi-tenant it would take eight to 10 yearx to completely fill the facility, which is locate d at 1700 S. Patterson Blvd.
He said the regiom could get lucky and find a user that wantd to relocateits headquarters, but it would take proactivr government action. Even though the costse to subdivide the building wouldbe large, Forneas said the building woul d fill up quicker with a combination of smaller users, rather than hunting for one giantt tenant. Hutchins said the only problem with doing that is the operational costs. For it to make sense to maintain the building, the firsr tenant would have to fill at least 200,000 squard feet of space. Anything smaller would be a highlgy inefficient useof space, he said. There are some potential optionws forthe campus.
A larg e defense contractor might be interested inthe facility, Hutchines said, as it offers a campud setting, is wired for high-techu capabilities and has plenty of nearbyg amenities. Brokers said donating the building to an educatiojn institution or the city of Daytonj may be thebest option. Hutchins said a good optiobn would be giving the buildinbg tothe . NCR would gain the benefitsw of atax write-off and the universityy would have a business campus, complete with parking, a cafeteria and plenty of spacer for classrooms, to mold for its “I bet they’ve already talked about donating it to Hutchins said.
“Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tech technology center.” Fornes also said donation to a university would make “It would be reallh nice if they give it to Fornes said. “It would be a nice gesture in return for takinbg theirheadquarters out.” NCR said Wednesday that Los Angeles-based will be marketint the headquarters. CB Richard Ellix also was selected by NCR in the firsty quarter of this year to handlefacilitiesa management, transaction management, lease administration and project management serviced across the company’s 5.5 million-square-foot real estate portfolio.
CB Richard Ellisz officials could not be reached for commengt forthis story.
Monday, September 19, 2011
Apple stock down on new iPhone, but no Jobs - Business First of Louisville:
titus-neither.blogspot.com
The stock finished trading at $143.85, down 0.57 after being down as more than 3 percenf earlier inthe day. Speculation ahead of the San Franciscol event centered on if CEO Steve Jobs would make his firsf appearance since taking medicap leave earlier this year and whether the compan would unveil its nextgeneratio iPhone. Jobs didn't make an appearance, but Bloomberbg News cited unnamed sources Monday who said that he had been activelt involved inthe company's preparation for Monday's The new iPhone is nearly three times faster to downloas Web page and comes with a 3-megapixel autofocue camera.
It also has voice-control features and a built-in The 3GS also has improvedf battery life with up to nine houron WiFi, 10 hours while watching 30 hours using audio, 12 hour s using 2G talk and five hours usintg 3G talk. It also features a new built-inb digital compass for instant navigation. The new iPhone, availables in black and white onJune 19, will sell for $199 for a 16GB modelk and $299 for 32GB. — New versions of the MacBoo Pro. A 15-inch version that starts at $1,699, a lower-priced 17-inch that starts at $2,499 and a 13-incnh version that starts at $1,199.
— Lowee prices for the MacBook Air ultra-thin line, cutting $700 off the 128G B model to $1,799 and cuttingb $300 off the base model at — A new versionb of the Mac operating system, Snow Leopard, that is faster to instalo and takes up 6 gigabytes less hard drive The new operating system comesd with a new version of the Safarik Web browser that Apple says is more robust and faster thanprevioues versions.
— New iPhone software including ability to cut and pastde data and an alert feature that helpse users find their device or remotely wipe its memory clean if it gets stolebn and later restore it using an iTunes Apple said at the conference that it has now sold more than 40 milliob iPhones and iPod Touches and that usersa of the devices have a choice of morethan 50,00 0 software applications they can download.
The stock finished trading at $143.85, down 0.57 after being down as more than 3 percenf earlier inthe day. Speculation ahead of the San Franciscol event centered on if CEO Steve Jobs would make his firsf appearance since taking medicap leave earlier this year and whether the compan would unveil its nextgeneratio iPhone. Jobs didn't make an appearance, but Bloomberbg News cited unnamed sources Monday who said that he had been activelt involved inthe company's preparation for Monday's The new iPhone is nearly three times faster to downloas Web page and comes with a 3-megapixel autofocue camera.
It also has voice-control features and a built-in The 3GS also has improvedf battery life with up to nine houron WiFi, 10 hours while watching 30 hours using audio, 12 hour s using 2G talk and five hours usintg 3G talk. It also features a new built-inb digital compass for instant navigation. The new iPhone, availables in black and white onJune 19, will sell for $199 for a 16GB modelk and $299 for 32GB. — New versions of the MacBoo Pro. A 15-inch version that starts at $1,699, a lower-priced 17-inch that starts at $2,499 and a 13-incnh version that starts at $1,199.
— Lowee prices for the MacBook Air ultra-thin line, cutting $700 off the 128G B model to $1,799 and cuttingb $300 off the base model at — A new versionb of the Mac operating system, Snow Leopard, that is faster to instalo and takes up 6 gigabytes less hard drive The new operating system comesd with a new version of the Safarik Web browser that Apple says is more robust and faster thanprevioues versions.
— New iPhone software including ability to cut and pastde data and an alert feature that helpse users find their device or remotely wipe its memory clean if it gets stolebn and later restore it using an iTunes Apple said at the conference that it has now sold more than 40 milliob iPhones and iPod Touches and that usersa of the devices have a choice of morethan 50,00 0 software applications they can download.
Saturday, September 17, 2011
New Zealand pulls out of Durban III over anti-Semitism - Jerusalem Post
mozybyd.wordpress.com
Reuters UK | New Zealand pulls out of Durban III over anti-Semitism Jerusalem Post BERLIN - New Zealand Foreign Affairs Minister Murray McCully announced on Friday that New Zealand will boycott the Durban III conference on September 22 because the anti-racism event is plagued by anti-Semitism. In a statement issued to The Jerusalem ... As UN revisits an painful chapter, some wonder why AJC Lauds New Zealand's Decision to Skip Durban 3 NZ refuses to join UN party |
Thursday, September 15, 2011
LendingTree expands product offering - Business First of Louisville:
bafepexu.wordpress.com
According to the company, its customer-retention technology identifies customers byloan loan-to-value ratio, loan purpose and FICO scores. “Wituh refinancing activity from borrowers representingh a significant portion of overall origination our lender network has expressed a desirse to capture and retain currenttmortgage customers,” says Bob Harris, president of the LendingTree “As part of the LendingTree banks and lenders that use our new customer-retentiob initiative will be able to significantly impac the ratio of overall mortgage portfolio retained, just as effectively as they can attractr new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an online lendinyg and real estate company. Tree.com’s principle businesses are which matches potential mortgage borrowers to and RealEstate.com, which works with individuales seeking homes and real estate agents. LendingTree says it has facilitaterd more than 25 million requests for loans onlineand $185 billionj in closed loan transactions.
According to the company, its customer-retention technology identifies customers byloan loan-to-value ratio, loan purpose and FICO scores. “Wituh refinancing activity from borrowers representingh a significant portion of overall origination our lender network has expressed a desirse to capture and retain currenttmortgage customers,” says Bob Harris, president of the LendingTree “As part of the LendingTree banks and lenders that use our new customer-retentiob initiative will be able to significantly impac the ratio of overall mortgage portfolio retained, just as effectively as they can attractr new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an online lendinyg and real estate company. Tree.com’s principle businesses are which matches potential mortgage borrowers to and RealEstate.com, which works with individuales seeking homes and real estate agents. LendingTree says it has facilitaterd more than 25 million requests for loans onlineand $185 billionj in closed loan transactions.
Monday, September 12, 2011
Billy Hunter tells players to be ready for end of lockout: A fan's reaction - Yahoo! Sports
karnergetajequ1416.blogspot.com
Billy Hunter tells players to be ready for end of lockout: A fan's reaction Yahoo! Sports Is the NBA lockout about to end? The way the spokespeople have been talking lately, the season is as good as over. The NBA owners want to strip the players of astronomical amounts ... |
Saturday, September 10, 2011
Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1 - Reuters
vasilisaxavymar.blogspot.com
Text-Fitch affirms Deutsche Bank Securities COMM 2010-C1 Reuters DE) Securities COMM 2010-C1 commercial mortgage pass-through certificates. A detailed list of rating actions follows at the end of this release. The affirmations are due to stable performance of the collateral and sufficient credit enhancement to the ... Fitch Affirms Deutsche Bank Securities COMM 2010-C1 Fitch Affirms Deutsche Bank Securities COMM 2010-C1 |
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