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The two entities will begin exclusive negotiationsx to come to a definitive purchase according to anews release. The process is expected to take four to six and is also subject to various regulatory Mercy Health Partners partners operatesfive hospitals, in Western Hills, Mount Airy, Anderson Township and Clermont County, along with outpatient and othetr health care-related facilities. The purchase of located in Kenwood, will give the systemk a presence in the northeasternCincinnati suburbs. "We are alwaysd working to provide high-qualitg care.
One of the missing ingredients in covering the Greater Cincinnati area wasthe I-71 corridor," said James May, CEO of Merct Health Partners, in the release. Jewish Hospital will also join Catholic Healthcare Partners, the Cincinnati-based parent of the Merc system. Mercy recently won approval from Green Township trustees to build a new hospita near North Bend Road andInterstatse 74. When completed, the hospitalp will replace its Mount Airy and WesternHillsa facilities. The , of whicuh Jewish is a voting member along with Universityt and Fort Hamilton had been considering acquiring the hospitalas well. A purchase woulrd have made it a propertu in thehospital group, like and the .
But in the said it would also considerother partners, whilee continuing discussions with the Health Alliance.
Sunday, May 29, 2011
Friday, May 27, 2011
Bright idea: Marvin Dufner makes millions recycling bulbs - Memphis Business Journal:
http://www.simplemethods.biz/index.php?option=com_content&view=article&id=333:myths-about-sugar&catid=7:articles&Itemid=9
After building his fluorescent light bulbrecycling company, H.T.R. into a national player with customers thatincludd , Walgreens, and Lowe’s, Dufner sold the business in Marcn to Houston-based an estimated $12 million. H.T.R.’s revenu e reached $6 million last year, 17 times more than the $350,00o the company made when Dufner bought it inDecember 1999. A decad e ago, the business recycled about 30,000 fluorescent bulbs a month to keep hazardouas mercury out of landfills andwatere supplies.
That number reached about 18 million bulbs a year by the time of the Dufner andRaymond Kohout, his minority partned and chief operating officer, decided they needed to eithere invest a large amount of capital to open additionalo recycling facilities or find a strategiv partner or buyer for their business. Dufnee turned to lifelong friend Jamee Stuart ofin Clayton. Stuartg reached out to contacts atWastee Management, and after about a year of he helped broker H.T.R.
’s Dufner estimated fluorescent bulb recycling is a $100 millionh to $150 million Analyst Michael Hoffman of in Baltimore noted that garbage disposal is a $52 billion industry and medical waste disposal accounts for another $3 billion to $4 billion. Add-on services such as recyclingg can help a company win additionalmarket share. “Ond of Waste Management’s core goalas is to grow its medical waste business toabout $300 milliobn in revenue in the next 24 Hoffman said.
“Now they can walk into health-care facilitiezs and hospitals and offer to disposes of theirmedical waste, regular trash and also thei fluorescent bulbs, which for a hospital is no small Waste Management, North America’s largest waste disposal posted net income of $1.09 billion on revenue of $13.4 billio n last year and employs about Dufner, 54, grew up in Granite City and St. attending and at In 1991, he bought one of the first franchises ofEartuh City-based Dent Wizard, a companyu that provides paintless dent removal for automobiles. Dufner moved to Atlanta to run his territory of Georgiasand Alabama.
But in 1998, Atlanta-basefd acquired Dent Wizard and proceederd to buy outits franchisees. Dufnetr sold his business for about $5 million, and at age 45 founrd himself looking for anew venture. In 1999, while at the Lake of the Dufner struck up a conversation with an employee of H.T.R., a three-year-old company then based in the smalol town of Golden City in southwest Missouri. A new federal law regulatingb the management of wastre containing hazardous materials such as mercury had just gone into but H.T.R.’s 14 investorss were short on funds to take advantage of potentiall growth. Dufner bought them out “for a very low and took over the businessas president.
Dufner recruited Kohout, a friend who owned a gun storesin St. Louis and was familiar with dealingh withgovernment regulators, to help run the business and expanf its service area nationwide. They invested in some tractor-trailers and started picking up burned-out fluorescentt bulbs from all over the country and haulingf them back to Missouri for Over the nextfew years, they relocated the planf to its current location in Kaiser, Mo., near Lake As Dufner improved customer service and the speer of waste pickup using third-party freight companies, business boomed. Beginningb in 2003, H.T.R. securef contracts with Wal-Mart to pick up and recycle used bulbs.
Other larg e retailers, several colleges and universities, and statesz such as Iowa and Missourio also signed up with All of the material in thebulbxs H.T.R. picked up — metal and glass — was recycled. None went to But with the boom, Dufner and Kohout also foundr themselves facinga decision: Expand to keep up with increasinhg volume, or find someone who could do so for “The right way to do it woulde be to build two more recycling plants, one on the West Coastg and one on the East to cut transportation distances and freight Dufner said. “Ray and I can’t be in thre e places at one time.
It was going to requirw a lot more capitak to open two new facilities and manag ethem properly.” So Dufner, who has children ages 3 and 5 with his Renee, decided to look for a buyer last year and eventuallyu struck the deal with Waste Management. “Wr thought H.T.R. would make a good fit for us,” said Rick senior business director forWaste Management’a WM Lamptracker division. “Over 70 percent of fluorescent lighting in the countruystill isn’t recycled properly, and that’s where we thinjk the upside is.” The and many statews are targeting a fluorescent recycling goal of aboug 75 percent, Kohout said.
Some 800 million fluorescentg lamps burn out each and now millions of residential lighrt sockets are also switchingy from incandescent to compactf fluorescent lightbulbs (CFLs). Althougg Missouri does not require residential recycling of manystates do, he said. “The timinh was perfect,” said Kohout, who continuesd to run the former H.T.R. operations withim WM Lamptracker. “We are now the largest lamp recycled inthe country, and Waste Managementy is really pushing the sustainability and recycling We’ve had nine years of double-digit growth, and we’ve just gottenm started.
” As for Dufner, he is buildingh a home in Ladue and has not decided if anything, he will do next. “A m I looking for something? Possibly, but not necessarily,” Dufne r said. “That’s how H.T.R. happened. I wasn’tg really looking and then it fell inmy
After building his fluorescent light bulbrecycling company, H.T.R. into a national player with customers thatincludd , Walgreens, and Lowe’s, Dufner sold the business in Marcn to Houston-based an estimated $12 million. H.T.R.’s revenu e reached $6 million last year, 17 times more than the $350,00o the company made when Dufner bought it inDecember 1999. A decad e ago, the business recycled about 30,000 fluorescent bulbs a month to keep hazardouas mercury out of landfills andwatere supplies.
That number reached about 18 million bulbs a year by the time of the Dufner andRaymond Kohout, his minority partned and chief operating officer, decided they needed to eithere invest a large amount of capital to open additionalo recycling facilities or find a strategiv partner or buyer for their business. Dufnee turned to lifelong friend Jamee Stuart ofin Clayton. Stuartg reached out to contacts atWastee Management, and after about a year of he helped broker H.T.R.
’s Dufner estimated fluorescent bulb recycling is a $100 millionh to $150 million Analyst Michael Hoffman of in Baltimore noted that garbage disposal is a $52 billion industry and medical waste disposal accounts for another $3 billion to $4 billion. Add-on services such as recyclingg can help a company win additionalmarket share. “Ond of Waste Management’s core goalas is to grow its medical waste business toabout $300 milliobn in revenue in the next 24 Hoffman said.
“Now they can walk into health-care facilitiezs and hospitals and offer to disposes of theirmedical waste, regular trash and also thei fluorescent bulbs, which for a hospital is no small Waste Management, North America’s largest waste disposal posted net income of $1.09 billion on revenue of $13.4 billio n last year and employs about Dufner, 54, grew up in Granite City and St. attending and at In 1991, he bought one of the first franchises ofEartuh City-based Dent Wizard, a companyu that provides paintless dent removal for automobiles. Dufner moved to Atlanta to run his territory of Georgiasand Alabama.
But in 1998, Atlanta-basefd acquired Dent Wizard and proceederd to buy outits franchisees. Dufnetr sold his business for about $5 million, and at age 45 founrd himself looking for anew venture. In 1999, while at the Lake of the Dufner struck up a conversation with an employee of H.T.R., a three-year-old company then based in the smalol town of Golden City in southwest Missouri. A new federal law regulatingb the management of wastre containing hazardous materials such as mercury had just gone into but H.T.R.’s 14 investorss were short on funds to take advantage of potentiall growth. Dufner bought them out “for a very low and took over the businessas president.
Dufner recruited Kohout, a friend who owned a gun storesin St. Louis and was familiar with dealingh withgovernment regulators, to help run the business and expanf its service area nationwide. They invested in some tractor-trailers and started picking up burned-out fluorescentt bulbs from all over the country and haulingf them back to Missouri for Over the nextfew years, they relocated the planf to its current location in Kaiser, Mo., near Lake As Dufner improved customer service and the speer of waste pickup using third-party freight companies, business boomed. Beginningb in 2003, H.T.R. securef contracts with Wal-Mart to pick up and recycle used bulbs.
Other larg e retailers, several colleges and universities, and statesz such as Iowa and Missourio also signed up with All of the material in thebulbxs H.T.R. picked up — metal and glass — was recycled. None went to But with the boom, Dufner and Kohout also foundr themselves facinga decision: Expand to keep up with increasinhg volume, or find someone who could do so for “The right way to do it woulde be to build two more recycling plants, one on the West Coastg and one on the East to cut transportation distances and freight Dufner said. “Ray and I can’t be in thre e places at one time.
It was going to requirw a lot more capitak to open two new facilities and manag ethem properly.” So Dufner, who has children ages 3 and 5 with his Renee, decided to look for a buyer last year and eventuallyu struck the deal with Waste Management. “Wr thought H.T.R. would make a good fit for us,” said Rick senior business director forWaste Management’a WM Lamptracker division. “Over 70 percent of fluorescent lighting in the countruystill isn’t recycled properly, and that’s where we thinjk the upside is.” The and many statews are targeting a fluorescent recycling goal of aboug 75 percent, Kohout said.
Some 800 million fluorescentg lamps burn out each and now millions of residential lighrt sockets are also switchingy from incandescent to compactf fluorescent lightbulbs (CFLs). Althougg Missouri does not require residential recycling of manystates do, he said. “The timinh was perfect,” said Kohout, who continuesd to run the former H.T.R. operations withim WM Lamptracker. “We are now the largest lamp recycled inthe country, and Waste Managementy is really pushing the sustainability and recycling We’ve had nine years of double-digit growth, and we’ve just gottenm started.
” As for Dufner, he is buildingh a home in Ladue and has not decided if anything, he will do next. “A m I looking for something? Possibly, but not necessarily,” Dufne r said. “That’s how H.T.R. happened. I wasn’tg really looking and then it fell inmy
Wednesday, May 25, 2011
ADP reports 532,000 May job cuts - Nashville Business Journal:
siding types
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatedf 532,000 workers from payrolls last month. ADP also reviser higher its estimate of cuts in Aprilto 545,000 from the previous estimatr of 491,000. The ADP report noted lossesw across all sizes and categorie of businesses with large businesss payrollsdeclining 100,000, medium businesses sheddinbg 223,000 jobs and small businesses cutting 209,000 The goods-producing sector lost 267,000 jobs whilew the service-producing sector declined by 265,009 positions. The Labor Department is due to releas its jobs reporton Friday.
The averags analyst estimate for that reportt of government as well as privatde payrolls is a lossof 520,000 payroll positions and an increasew in the unemployment rate to 9.2 percent from April’e rate of 8.9 percent. On Monday, The Institute for Supplh Management announced that its factory index rose to the highestr level since last September as new order posted their first gain since therecession began. On Tuesdagy the National Association of Realtors reportedd that pending sales ofexistingf homes, or contracts signed but not rose 6.
7 percent in April, the largest increase in six
Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatedf 532,000 workers from payrolls last month. ADP also reviser higher its estimate of cuts in Aprilto 545,000 from the previous estimatr of 491,000. The ADP report noted lossesw across all sizes and categorie of businesses with large businesss payrollsdeclining 100,000, medium businesses sheddinbg 223,000 jobs and small businesses cutting 209,000 The goods-producing sector lost 267,000 jobs whilew the service-producing sector declined by 265,009 positions. The Labor Department is due to releas its jobs reporton Friday.
The averags analyst estimate for that reportt of government as well as privatde payrolls is a lossof 520,000 payroll positions and an increasew in the unemployment rate to 9.2 percent from April’e rate of 8.9 percent. On Monday, The Institute for Supplh Management announced that its factory index rose to the highestr level since last September as new order posted their first gain since therecession began. On Tuesdagy the National Association of Realtors reportedd that pending sales ofexistingf homes, or contracts signed but not rose 6.
7 percent in April, the largest increase in six
Monday, May 23, 2011
NCDOT awards $103M in federal stimulus work - The Business Journal of the Greater Triad Area:
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million to be spent in the Triangle, Gov. Bev Perdue’e office announced Friday. The 17 projects, which total $102.u million, stretch across 21 counties aroundthe state. Two other resurfacing projects, one on I-440 in Wake Countt and one on U.S. 64 in Nash and Edgecombe counties, will be awardeed if the low bidder demonstrates that it hasmet “goocd faith effort” requirements in attempting to reach the disadvantagec business enterprise goals set forth in the contracts. The slow economuy translated into quite a discounyfor NCDOT. The bids received on all 19 economifc recovery projects came in nearly 25percentr -- or about $36.7 million -- beloww NCDOT estimates.
Work on all contracts will start in late June orearly July. • Resurfacing and shoulderd reconstructionon 3.8 miles of I-540 between I-40 and U.S. 70 in Wake and Durhamm counties. The $2.2 million contract was awarded to of The project is scheduled to start as earluy as July 7 and is slated for completiobn byMay 27, 2010. Resurfacing 11 miles of I-40 from west of Morgaj Road in Johnston County to the SampsonCount line. The $2.2 million contract was awardes toof Wilson. The project is scheduled to begin as earlgy as July 13 and should be completedby Nov. 15. Resurfacing 23.2 miles of U.S. 64 betweenm the Franklin-Nash County line and Winstead Avenu inNash County. The $3.
3 millio n contract was awardedto S.T. Wooten Corp. The project is scheduled to starty as early as July 13 and will be completefby Nov. 15. The Federal Highwah Administration estimates thatevery $1 millionn spent on transportation creates 30 jobs. The department also awardedd contractsworth $63 million for seven non-stimulus but none of those are in the NCDOT will receive a total of $838 milliom in stimulus money, including $735 million for highwag and bridge projects.
million to be spent in the Triangle, Gov. Bev Perdue’e office announced Friday. The 17 projects, which total $102.u million, stretch across 21 counties aroundthe state. Two other resurfacing projects, one on I-440 in Wake Countt and one on U.S. 64 in Nash and Edgecombe counties, will be awardeed if the low bidder demonstrates that it hasmet “goocd faith effort” requirements in attempting to reach the disadvantagec business enterprise goals set forth in the contracts. The slow economuy translated into quite a discounyfor NCDOT. The bids received on all 19 economifc recovery projects came in nearly 25percentr -- or about $36.7 million -- beloww NCDOT estimates.
Work on all contracts will start in late June orearly July. • Resurfacing and shoulderd reconstructionon 3.8 miles of I-540 between I-40 and U.S. 70 in Wake and Durhamm counties. The $2.2 million contract was awarded to of The project is scheduled to start as earluy as July 7 and is slated for completiobn byMay 27, 2010. Resurfacing 11 miles of I-40 from west of Morgaj Road in Johnston County to the SampsonCount line. The $2.2 million contract was awardes toof Wilson. The project is scheduled to begin as earlgy as July 13 and should be completedby Nov. 15. Resurfacing 23.2 miles of U.S. 64 betweenm the Franklin-Nash County line and Winstead Avenu inNash County. The $3.
3 millio n contract was awardedto S.T. Wooten Corp. The project is scheduled to starty as early as July 13 and will be completefby Nov. 15. The Federal Highwah Administration estimates thatevery $1 millionn spent on transportation creates 30 jobs. The department also awardedd contractsworth $63 million for seven non-stimulus but none of those are in the NCDOT will receive a total of $838 milliom in stimulus money, including $735 million for highwag and bridge projects.
Friday, May 20, 2011
State employers say wages to rise 3.6 percent in
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percent statewide in 2009, according to a survey of 619 employers bythe . The report, released Sept. 19, was the organization’s 30th annualk survey of employers onwhat they’re planning for wage increasews or decreases. The projected increases are 0.1 percentg lower than the 2008 wage forecastof 3.7 “Even with an economy that is challenging both nationally and statewide — our survey indicates that Colorado employersa are continuing to project wage increasee in 2009 that are above the Denvetr inflation rate,” said Michael Severns, president of the Mountai States Employers Council, in a statement.
For the sixtn year in a row, Colorado’s oil and gas employerz are projecting the largest salaru raises among the 13 market sectors in the survey reflecting the rapid rise ofthe state’s energy Oil and gas companies said they plannef to raise wages an averagw of 5.1 percent in 2009, which while abover the state average, is beloqw the 6.7 percent increase they projected for 2008. Thoser companies are scrambling for workerx because so many left the industry when it spent yearsa at a low ebb in the 1980sand 1990s. “It’s still a growinv industry,” said Bob Morrison, head of recruitmentg and planning forthe U.S.
divisio of Canadian oil and gascompanty (NYSE: ECA), which has its U.S. headquarterzs in Denver. “There’s a very large demand for folks with oil and gas he said. “The salary increases are indicative of the demandc for talent both within Colorado and Not only are we competingwithin Colorado, we’re competinb in Colorado, Wyoming, Texas, Oklahomaq and Louisiana.” At the start of the year, EnCanaw expected to hire about 380 people in the United States, Morrisom said. But with the U.S. division growing so rapidly, EnCana’a already hired 350, and expects the year-end total to be around 450 or 500, Morrison said.
Of the 350 hiref so far, 225 are eithert Denver-based or Colorado-based, EnCana spokesmajn Doug Hock said. “We have a strongert need for talent,” Morriso said. “It’s across the board, but it’s particularly technica l people, engineers, geoscientists, land negotiators as well as ourfieldx people, lease operators and technicians. Everyonde plays a vital role.” After the oil and gas mining companies reported that they expect to givethe next-largestt salary increases for 2009, at 4.5 percent. But the surveg also reflected the nation’s troubled economy.
Five perceny of employers surveyed saidthey didn’t expect to raiss wages at all in 2009, an increase from 4 percentt last year. The construction industrt ranked last for2009 projections, reflectiny ongoing problems in the housintg industry. Construction employers said they expecteed to raisewages 2.7 percent in 2009, down from 3.1 percenf projected for 2008, according to the
percent statewide in 2009, according to a survey of 619 employers bythe . The report, released Sept. 19, was the organization’s 30th annualk survey of employers onwhat they’re planning for wage increasews or decreases. The projected increases are 0.1 percentg lower than the 2008 wage forecastof 3.7 “Even with an economy that is challenging both nationally and statewide — our survey indicates that Colorado employersa are continuing to project wage increasee in 2009 that are above the Denvetr inflation rate,” said Michael Severns, president of the Mountai States Employers Council, in a statement.
For the sixtn year in a row, Colorado’s oil and gas employerz are projecting the largest salaru raises among the 13 market sectors in the survey reflecting the rapid rise ofthe state’s energy Oil and gas companies said they plannef to raise wages an averagw of 5.1 percent in 2009, which while abover the state average, is beloqw the 6.7 percent increase they projected for 2008. Thoser companies are scrambling for workerx because so many left the industry when it spent yearsa at a low ebb in the 1980sand 1990s. “It’s still a growinv industry,” said Bob Morrison, head of recruitmentg and planning forthe U.S.
divisio of Canadian oil and gascompanty (NYSE: ECA), which has its U.S. headquarterzs in Denver. “There’s a very large demand for folks with oil and gas he said. “The salary increases are indicative of the demandc for talent both within Colorado and Not only are we competingwithin Colorado, we’re competinb in Colorado, Wyoming, Texas, Oklahomaq and Louisiana.” At the start of the year, EnCanaw expected to hire about 380 people in the United States, Morrisom said. But with the U.S. division growing so rapidly, EnCana’a already hired 350, and expects the year-end total to be around 450 or 500, Morrison said.
Of the 350 hiref so far, 225 are eithert Denver-based or Colorado-based, EnCana spokesmajn Doug Hock said. “We have a strongert need for talent,” Morriso said. “It’s across the board, but it’s particularly technica l people, engineers, geoscientists, land negotiators as well as ourfieldx people, lease operators and technicians. Everyonde plays a vital role.” After the oil and gas mining companies reported that they expect to givethe next-largestt salary increases for 2009, at 4.5 percent. But the surveg also reflected the nation’s troubled economy.
Five perceny of employers surveyed saidthey didn’t expect to raiss wages at all in 2009, an increase from 4 percentt last year. The construction industrt ranked last for2009 projections, reflectiny ongoing problems in the housintg industry. Construction employers said they expecteed to raisewages 2.7 percent in 2009, down from 3.1 percenf projected for 2008, according to the
Wednesday, May 18, 2011
National Guard cost-effective solution in fiscally constrained times - DVIDS
Frigidaire FRA106CT1
National Guard cost-effective solution in fiscally constrained times DVIDS “The Nation will benefit from the vast investment and experience in the Army National Guard in the future,†said Carpenter, “and in a budget-constrained environment, the Army National Guard is a cost-effective solution.†Wyatt, on the other hand, ... |
Monday, May 16, 2011
Friday, May 13, 2011
Kansas City Royals
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Cisco StadiumVision consists of 400-high definition television monitors strategically places throughoutthe stadium. The Royals control the system from a centralo location and can deliverr livegame video, concessions menus and customized fan “Technology enables us to enrich the experience for our who are celebrating 40 years of Royalz baseball this year,” Kevin Uhlich, Royalzs senior vice president of business operations, said in a Thursda release from AT&T.
“AT&T and Cisco not only enable us to put more fans in the but also generate additional revenue through offerinh innovative advertising opportunities to our The Royals said they plan to unveil thesyste Thursday. The system also presents a new marketing giving the stadium and its sponsores greater ability to customizethe type, placement and timintg of advertising delivery. It enables targeted ads and and banner, ticker and full-screenm digital ads to be linked to fan demographics or specific moment s duringthe game. For example, the Royals can customizwe advertising content in its premium luxurty boxes to meet the specific needs of the suitw ownerand guests.
Fans in the luxury suites also can select their favorite channels from a custonm lineup that includes a statistics channeltracking real-tim e pitch counts and speeds, battiny lineups and hitting percentages. After the all stadium monitors stream information abouy finding the nearest exitsa andtraffic updates. Future capabilities of the systenm include potential support formobile devices, enablingf fans to order concessions from any seat, view instant replayzs or chat in real time with frienda inside or outside the stadium.
Cisco StadiumVision consists of 400-high definition television monitors strategically places throughoutthe stadium. The Royals control the system from a centralo location and can deliverr livegame video, concessions menus and customized fan “Technology enables us to enrich the experience for our who are celebrating 40 years of Royalz baseball this year,” Kevin Uhlich, Royalzs senior vice president of business operations, said in a Thursda release from AT&T.
“AT&T and Cisco not only enable us to put more fans in the but also generate additional revenue through offerinh innovative advertising opportunities to our The Royals said they plan to unveil thesyste Thursday. The system also presents a new marketing giving the stadium and its sponsores greater ability to customizethe type, placement and timintg of advertising delivery. It enables targeted ads and and banner, ticker and full-screenm digital ads to be linked to fan demographics or specific moment s duringthe game. For example, the Royals can customizwe advertising content in its premium luxurty boxes to meet the specific needs of the suitw ownerand guests.
Fans in the luxury suites also can select their favorite channels from a custonm lineup that includes a statistics channeltracking real-tim e pitch counts and speeds, battiny lineups and hitting percentages. After the all stadium monitors stream information abouy finding the nearest exitsa andtraffic updates. Future capabilities of the systenm include potential support formobile devices, enablingf fans to order concessions from any seat, view instant replayzs or chat in real time with frienda inside or outside the stadium.
Wednesday, May 11, 2011
Tech sector finds mixed bag in Phoenix, U.S. firms cut payroll - Phoenix Business Journal:
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A study released Monday by Challenger, Gray & Christmaas found that tech industry layoffs in the second quartert amountedto 33,891 in the a 60 percent drop from the first quarter. The studuy also found the second-quarter job cuts were aboutt equal to the second quarter of before the worst of the financial crisis rockefthe economy. The local technology sector has been up and depending onthe industry, according to Arizona Workforce, a research publication by the Arizona Department of Commerce. Computer and electronivc parts manufacturers droppedabout 1,200 jobs from May 2008 to but aerospace manufacturers added about 500.
Also down was which shed about 1,600 jobs in the Phoeni x area from May 2008 to and professional, scientific and technical which lost nearly 10 percenyt of the sector’s May 2008 work force of roughlyy 101,000 in the past year. At the same the report shows that losses from Aprio to May were much smaller or flat in most ofthose sectors. “The downturn in the economy has affected each sectot ofthe high-tech industry differently,” said Jim Garnett, executiver director for TechAmerica in Phoenix. “In a recen ranking by the Bureau of Labor while Arizona’s manufacturing employment is down over the year by 5.
1 the state had one of the smallest percentag e losses compared to all From April to May, computer and electronic parts lost 200 jobs while aerospacw gained 300 jobs,” he said. Although the rate of layoffs appearss tobe slowing, the U.S. tech industrhy lost 118,108 jobs in the first six months of 2009, the largest decline in the past seven
A study released Monday by Challenger, Gray & Christmaas found that tech industry layoffs in the second quartert amountedto 33,891 in the a 60 percent drop from the first quarter. The studuy also found the second-quarter job cuts were aboutt equal to the second quarter of before the worst of the financial crisis rockefthe economy. The local technology sector has been up and depending onthe industry, according to Arizona Workforce, a research publication by the Arizona Department of Commerce. Computer and electronivc parts manufacturers droppedabout 1,200 jobs from May 2008 to but aerospace manufacturers added about 500.
Also down was which shed about 1,600 jobs in the Phoeni x area from May 2008 to and professional, scientific and technical which lost nearly 10 percenyt of the sector’s May 2008 work force of roughlyy 101,000 in the past year. At the same the report shows that losses from Aprio to May were much smaller or flat in most ofthose sectors. “The downturn in the economy has affected each sectot ofthe high-tech industry differently,” said Jim Garnett, executiver director for TechAmerica in Phoenix. “In a recen ranking by the Bureau of Labor while Arizona’s manufacturing employment is down over the year by 5.
1 the state had one of the smallest percentag e losses compared to all From April to May, computer and electronic parts lost 200 jobs while aerospacw gained 300 jobs,” he said. Although the rate of layoffs appearss tobe slowing, the U.S. tech industrhy lost 118,108 jobs in the first six months of 2009, the largest decline in the past seven
Monday, May 9, 2011
Green Township OKs Mercy hospital plan - Triangle Business Journal:
http://www.indabamusic.com/people/403765016
The plan passed 3-0. “We’re very pleased to get to this stagre and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realize there is still a lot of work to do and we look forwarf to continuing to work with the residentsd and the township leaders to develop a hospital everyoner can beproud of.” The project will now be submitterd to the Hamilton County Regional Commission for consideration, probably next month, Gemmer The planned hospital and parkinb areas would cover about 40 acrezs and sit near to Interstate 74. The to cost $200 million, could open in early 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Side hospitals: Mercy Hospital Western Hills and Mercy Hospital Mount Airy. The new with 200 to 250 beds, will be a replacement for Some residents in the area had expressed concernsw about increased traffic as a result of the whose main access road would be from NorthhBend Road, at roughly the midway point between Kleeman and Boomer. Gemmer said a traffic impactt study through the Hamilto nCounty Engineer’s Office is nearl y complete.
The plan passed 3-0. “We’re very pleased to get to this stagre and excited to take the next saidPete Gemmer, spokesman for Mercy. “We realize there is still a lot of work to do and we look forwarf to continuing to work with the residentsd and the township leaders to develop a hospital everyoner can beproud of.” The project will now be submitterd to the Hamilton County Regional Commission for consideration, probably next month, Gemmer The planned hospital and parkinb areas would cover about 40 acrezs and sit near to Interstate 74. The to cost $200 million, could open in early 2014.
The proposed site is 60 Mercy has said it will close itstwo West-Side hospitals: Mercy Hospital Western Hills and Mercy Hospital Mount Airy. The new with 200 to 250 beds, will be a replacement for Some residents in the area had expressed concernsw about increased traffic as a result of the whose main access road would be from NorthhBend Road, at roughly the midway point between Kleeman and Boomer. Gemmer said a traffic impactt study through the Hamilto nCounty Engineer’s Office is nearl y complete.
Friday, May 6, 2011
Wednesday, May 4, 2011
Biogen confirms Icahn ally is on board - Kansas City Business Journal:
http://master-view.livejournal.com/5870.html
Shareholders were to elect four directors at the Biogen was pushing for the reelection of all ofthe company’zs existing directors, while Icahn was angling to seat four new According to Biogen Idec, shareholderes appear to have reelected current directors Robert Pangia and William D. Young, and elected Icahnj ally Alexander Denner. Biogen Idec official say the vote for the fourth seat is too closewto call. Biogen said the company will rely on the tabulation of votes by its independent inspectoof elections, IVS Associates, before announcing the remainingt director to serve on the Bruce R.
Ross, Bioge n Idec’s chairman, said, “We welcome our new director to the boarf and look forward to workinhg together to build on our strongt track record ofdelivering value. While we awaitt the outcome of the vote for the remaining we would like to express our gratitude for the supporr ofour stockholders.” in a filing with the Securities and Exchang e Commission, accused the company of preventing the voted cast from being counted. “If the board is Richard Mulligan, a prominent scientisrt and physician, may be kept from legitimatelhy being elected tothe board.
” Mulligan is the Mallinckrodtr Professor of Genetics at Harvard Medical Schookl and director of the Harvard Gene Therapy according to Harvard University’s Web Biogen said shareholders rejected several of Icahn’sz other proposals, including moving the company’s incorporation from Delawarde to North Dakota, a move Icahnh said would give more power to shareholders. Biogemn officials said it appears that stockholdersx also rejected a proposal by Icahn to limi the size of the board to 13 Biogen officials now have the powed to enlarge the board as theysee fit. Icahj is best known for unsuccessfullyt pushing BiogenIdec (Nasdaq: BIIB) to sell itself in 2008.
Last shareholders elected the company’s nomineexs over the slate of investors put up by Biogen Idec’s (NASDAQ: BIIB) stock was trading at $53.1u in afternoon trading Thursday, down from the previous day’s closed of $53.43 a share.
Shareholders were to elect four directors at the Biogen was pushing for the reelection of all ofthe company’zs existing directors, while Icahn was angling to seat four new According to Biogen Idec, shareholderes appear to have reelected current directors Robert Pangia and William D. Young, and elected Icahnj ally Alexander Denner. Biogen Idec official say the vote for the fourth seat is too closewto call. Biogen said the company will rely on the tabulation of votes by its independent inspectoof elections, IVS Associates, before announcing the remainingt director to serve on the Bruce R.
Ross, Bioge n Idec’s chairman, said, “We welcome our new director to the boarf and look forward to workinhg together to build on our strongt track record ofdelivering value. While we awaitt the outcome of the vote for the remaining we would like to express our gratitude for the supporr ofour stockholders.” in a filing with the Securities and Exchang e Commission, accused the company of preventing the voted cast from being counted. “If the board is Richard Mulligan, a prominent scientisrt and physician, may be kept from legitimatelhy being elected tothe board.
” Mulligan is the Mallinckrodtr Professor of Genetics at Harvard Medical Schookl and director of the Harvard Gene Therapy according to Harvard University’s Web Biogen said shareholders rejected several of Icahn’sz other proposals, including moving the company’s incorporation from Delawarde to North Dakota, a move Icahnh said would give more power to shareholders. Biogemn officials said it appears that stockholdersx also rejected a proposal by Icahn to limi the size of the board to 13 Biogen officials now have the powed to enlarge the board as theysee fit. Icahj is best known for unsuccessfullyt pushing BiogenIdec (Nasdaq: BIIB) to sell itself in 2008.
Last shareholders elected the company’s nomineexs over the slate of investors put up by Biogen Idec’s (NASDAQ: BIIB) stock was trading at $53.1u in afternoon trading Thursday, down from the previous day’s closed of $53.43 a share.
Monday, May 2, 2011
Minnesota loses 7,500 more jobs in October - Minneapolis / St. Paul Business Journal:
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Minnesota’s unemployment rate remains below the national rateof 6.5 after U.S. employers cut a total of 240,0000 jobs last month. In October, the state’s stronges industries were education and healthservices (up 1,7090 jobs), leisure and hospitalitt (up 1,000) and government (up The weakest sectors were transportatioh and utilities (down 4,800 jobs), manufacturinyg (down 2,000) and construction (down 1,900). DEED also announcedr that the state’s September employment figures were adjusted upwardby 1,5090 jobs. For the year, job growthn has declined 0.6 percent in Minnesota and 0.8 percenft for the nation. So far this the state has lost 25,900 jobs.
“The state and national economies continue to be tested by a broad slowdown that has hit many DEED Commissioner Dan McElroy said ina “Despite the challenging job market, financial activities as well as education and health servicew continue to post surprisingly strong employment numbers in Minnesota.”
Minnesota’s unemployment rate remains below the national rateof 6.5 after U.S. employers cut a total of 240,0000 jobs last month. In October, the state’s stronges industries were education and healthservices (up 1,7090 jobs), leisure and hospitalitt (up 1,000) and government (up The weakest sectors were transportatioh and utilities (down 4,800 jobs), manufacturinyg (down 2,000) and construction (down 1,900). DEED also announcedr that the state’s September employment figures were adjusted upwardby 1,5090 jobs. For the year, job growthn has declined 0.6 percent in Minnesota and 0.8 percenft for the nation. So far this the state has lost 25,900 jobs.
“The state and national economies continue to be tested by a broad slowdown that has hit many DEED Commissioner Dan McElroy said ina “Despite the challenging job market, financial activities as well as education and health servicew continue to post surprisingly strong employment numbers in Minnesota.”
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