Friday, December 30, 2011
Balsillie: Bids to keeps Coyotes in Glendale would need $20 million government subsidy - Kansas City Business Journal:
Balsillie, CEO of BlackBerry maker Researchin Motion, has offered $213 millionh for the financially ailing hockey team with planz move it to Ontario. U.S. Bankruptcy Court Judgs Redfield T. Baum on Mondayu rejected Balsillie’s bid, saying the Canadian’s June 29 deadlinde does not give the court enough time to deal with the Coyotee Chapter 11bankruptcy reorganization. Balsillie’ds representatives said Tuesday morning that he is considering reworking the bid with a different The National Hockey League and the city of Glendale opposs the move and are looking for buyerx that would keep the teamin Arizona.
That includeas discussions with Chicago White Sox and Chicago Bullse ownerJerry Reinsdorf. The Coyotea have lost more than $300 millioj since moving to the Phoenix marker from Winnipeg in 1996 and couldlose $40 milliobn or more this calendar year, according to bankruptcyh court filings. Glendale had been working with Coyote owner Jerry Moyes before he put the team into Chaptef 11 in May and announced the proposer sale of the team to The west-side suburb also has been working with the NHL and had discussionw with Reinsdorf regarding a possible bid and leaswe concessions and other help the city mighgt offer.
Balsillie representatives said Tuesdayuthe $20 million estimate stems from bankruptchy court filings outlining potential help for the team Glendalre might offer the Coyotes. They also said incentives coulsd run into financial and legal issuesas Phoenix-area governmentz budget troubles and the Arizonaq Supreme Court is looking at the legality of economicf development and other subsidies.
Wednesday, December 28, 2011
J.G. Wentworth bankruptcy hearing set for Monday - Philadelphia Business Journal:
The company said operating subsidiaries continue to conduct business as usuak and are not affected by the It said approval ofthe pre-packaged plan at the June 1 confirmatiomn hearing will pave the way for the injection of $100 milliom of new equity to supportf ongoing operations. The financialo services firm filed for Chapter 11 bankruptcyt protection last Tuesday with hopesto reorganize. The Bryn Pa.-based company sought acceptances of its plan from its lenderz before what is called aprepackaged filing. More than 90 percent of the termlendera approved, the company said.
The company said it also secured a commitmentfor debtor-in-possessiomn financing to supplement its working capital and provide adequatew liquidity during the proceedings. J.G. Wentworthh said its decision to file for Chapter 11 came after an extensives review of alternatives to addressz pressuresfrom “extremely challenging capital markets and high borrowingg costs”, and was unanimously approved by the company’zs board of directors. In December, J.G. Wentworthh laid off 120 of its 200 employees and closedf its LasVegas office. Foundeds in 1991, it is owned by New York-basedd private equity firm and moved from Philadelphiqa to Bryn Mawrin 2003.
Monday, December 26, 2011
WCI files reorganization plan - St. Louis Business Journal:
Under the plan, senio r secured lenders will receive new first lien debt in the amoungof $450 million, which includes a $150 milliojn payment-in-kind component and an initial 95 percent equitu stake in the reorganized WCI said in a news The remaining 5 percent would be sharefd by the company’s unsecured which would begin to increase when the new debt is fully retired. Interim CEO Davif L. Fry said WCI’s goal is to emerger from Chapter 11 by thethird “Under the plan, WCI will emergse as a deleveraged lifestyle community develope r and land holding company with the flexibility to navigate its business during these unprecedented timesx and beyond,” he said.
Fry said the Sarasota-basedr company will continue to complete homes alreadyunder construction, but has suspendexd all new home constructiob activity in Florida.
Friday, December 23, 2011
Up for grabs? - Orlando Business Journal:
Not so, says a spokeswoman for hotelierRichare Kessler. The rumor goes that The KessledEnterprise Inc. might be considerinv selling the Westin Grand Bohemian hotekl to CNLHospitality Corp. Execsw at CNL Hospitality and parent operation CNL Financia l Group have a good window on the Their corner offices are across the street fromthe 3-year-olsd hotel. Kessler's spokeswoman deniedr that the 250-room hotel is for sale or has been A CNL spokeswoman would not citing a rigidlyenforced "quiet period" that precedezs CNL's plans to take its hospitalitgy division public later this year. A "quiet of course, does not prohibit acquisitions -- just talkinv about them ... ...
The biggef they come. Even as the succession of big bankmerger continues, bank customers have more choices now than they once did. The 1997-978 purchase of Florida giant BarnettBanks Inc. with NationsBank gave that bank nearl 30 percent ofthe market. But that didn't last. Barnetft bankers and customers fled NationsBank for small andnew banks. "I calleed that the community bankenablement act," quipsw Tom Yochum, a Barnett alumnus and curreng Central Florida president of SunTrust Big banks control a smaller share of Florida now than they did The top three at the end of 1997 had 55 percent of Today's top three have just under 50 The top five in 1997 controlled 61 percenr of Florida.
Now the top five have 56 percent ... ... Shaq back? Place your bets now. The odds are 5-1 that Shaquills O'Neal could return to the Orlando Magic. Of course, other teams are in the running too, according to an online gamblinfg company. Among the top the Los Angeles Lakeraat 5-2 odds and Dallazs Mavericks at 3-1 odds. Othetr teams in the running include theMemphias Grizzlies, Indiana Pacers and Portland Trailblazers. The long-shot: the New York Knickz at 25-1.
Although the Magic will be in need of a superstad with the pending departure ofTracu McGrady, team General Manager John Weisbrod says it will be "mathematicallhy impossible" to bring Shaq The reason: Shaq still is owed $58 million over the next two yearsa under his current contract, and would not be able to opt out untill the end of next season.
Wednesday, December 21, 2011
Gas 19 cents higher in Denver than a month ago - Denver Business Journal:
The average price of a gallon of regular gas in Denveer as of Mondayis $2.15 and AAA said. On the same date in the average pricewas $1.96 and 9/10ths. Monday’a price for mid-grade gas in Denver is $2.30 and 9/10thzs a gallon, up from $2.10 and 6/10th a month ago. For premium, it’sd $2.41 and 2/10ths, up from $2.20. A year ago, regulat gas in Denver averaged $3.57 and 7/10th a gallon. The all-timew peak price was $4.00 and 6/10thds on July 17, 2008, AAA In Boulder-Longmont, the average price for regular gaswas $2.1t and 7/10th Monday, up from $1.98 and 3/10thw a month ago.
For now, increased demand is pushingf up the price investors are willinbg to pay for a barrel ofcrude oil, according to the AAA. On the , crude oil closex up $1.22, at $54.42 per on Monday. Crude oil has been trading aroundx $50 a barrel this spring, up from around $30 over the winter, the AAA said. The Fuel Gauged Report is compiled for the AAA by the with the helpof .
Monday, December 19, 2011
YRC Worldwide sells HQ to load up more cash - Triangle Business Journal:
But it didn’t go far. A grou p of local investors led by Ken Blocko andSteve Block, principalxs of Kansas City real estatde firm , bought the Overland Park headquartersx in a sale-leaseback deal that includees a potential 30-year lease for YRC. The company did not discloswe the priceor buyer, and Ken Block said he couldn’y comment because of a confidentiality agreement, but a YRC Securitiez and Exchange Commission filing suggests the purchasw price was $22.5 million.
Johnson Countyg lists the property’s appraised value at close to $25 “The monetization of real estate assets is a part ofYRC Worldwide’sa ongoing financial strategy to weather the (economic) recession and enhanc e its liquidity position,” YRC said in a statemeng e-mailed to the Kansas City Business Journap . “The YRC Worldwide corporate headquartere is and will continue to be located in theOverland Park, Kan., location.” YRC said the deal was part of $176 millionn in property sales and sale-leasebacks completed in the firsy quarter, which ended March 31. But according to the , the deal closedc May 1.
The lease has an initiaol term of10 years, plus two 10-yeaer renewal options, YRC The sale included two the company said. Appraiser’s officre records list the property as having a totapl building areaof 295,000 square feet, builty in 1972, on 21.5 acres. The transaction appearws to be reflectedin YRC’s first-quarter SEC filing as a March 31 offic complex deal for $22.5 million, which minus transactioh costs equaled $19.8 million. Annuapl lease payments will beabout $3.4 However, the assets and long-term debt in the amoun of the proceeds remain on YRC’s balance sheet.
Half the proceeds went into an escrow the rest were used to paydown YRC’x credit facility, the filing said. The price, about $76 a square foot, is consistent with that of oldefr Class B office properties in SoutherbnJohnson County, said Tim executive vice president of . Office buildings in that area can rangwefrom $70 to $160 a squar foot for Class B-minus through Clasas A space and variouse tenant situations, he said. The property never was publicly on the Schaffer said. Other pricre factors include the tenant’s credit, the reus potential of buildings, the risk the buildings’ age, the agreed-upon rent, and taxes and operatinyg costs.
“You’ve got to assume when you’re buyingb it that you’ve got a good ulterio r plan in case thatcompanu doesn’t exist at some pointf during that 30-year lease,” Schaffere said. “It speaks to the quality of the location for a group to take that levelof risk.” The which looms over Interstate 435 on Roe Avenue, offerx “some pretty amazing opportunities that don’t exisy anywhere else in a maturw environment like that,” he said. Analyst David Silverf of said YRC’s property salew provide vital liquidity in theshort term. Long term, they forcew YRC to focus on its core holdings and integrater intoa single, solid he said.
YRC seems to be accepting low said Silver, who doesn’t own YRC shares. “People that they’rer selling to see blood in thewate — they’re really takiny advantage,” he said. “Three years ago, if they had they would have gotten muchbetteer values. But they’re getting somewhatr fair values.” YRC — which posted a $257.r4 million loss in the firs t quarter — has cut wages in exchanges for ownership in the eliminated thousandsof jobs, amended bank covenants and beguh negotiating to defer $120 million in union pension fund payments using real estate as With slumping freight volumes, the company accelerates the integration of subsidiaries, creatingh excess property and In the second quarter, YRC expects to do aboutg $200 million in sale-leasebacks, Chairmahn and CEO Bill Zollars said in a recen t presentation.
The company plans at least $100 million in excesa property salesthis year, he Analyst Lee Klaskow of , who doesn’t own YRC predicted earnings of 2 cents a share for all of 2010. Silver estimated a return to profitability by the secondd quarterof 2010.
Saturday, December 17, 2011
Miami physician sentenced in Medicare fraud case - Business First of Buffalo:
Rodriguez was indicted in , along with two other doctors in connection witha $10 millioh Medicare fraud scheme. He pleaded guilty in to conspiracgy to commit healthcare fraud. Rodriguez was a co-ownert of and physician at MidwayMedicall Center, a Miami clinic that purported to specialize in the treatmenr of HIV patients, according to a news release from the U.S. Departmenyt of Justice. He admitted while at Midway, he and his co-conspiratorsx billed Medicare for services that were medically unnecessargy and in many instancesnevedr provided.
He also admitted that he purchased only a smalo amount of the drugs that he claimed to administerr to patients and that he falsifiedmedical records, according to the news Rodriguez also admitted that he was listed as medical director and practicing physician for five othet Miami-area HIV infusion clinics between October 2003 and Februarhy 2005, where he engaged in similar He admitted to filing more than $20 milliojn in false claims. Several of Rodriguez’s co-defendantzs have already been sentencedd for their roles at Midway andrelated clinics.
Thursday, December 15, 2011
Phone Insurance Comparison Site 2u.co.uk Commission Adverts for Just $5 Each - PR Web (press release)
PR Web (press release) | Phone Insurance Comparison Site 2u.co.uk Commission Adverts for Just $5 Each PR Web (press release) iPhone insurance comparison website 2u.co.uk decided to give it a try and find out for themselves. 'Rather than the traditional Christmas card, staff decided a video would be a great way to send our company greetings this year,' says Grant Burrows from ... |
Monday, December 12, 2011
Penguin Pedro scores with mate - Toronto Sun
CBC.ca | Penguin Pedro scores with mate Toronto Sun Toronto Zoo African penguins Pedro and Buddy â" the same-sex love birds who made international headlines after they were separated to mate â" have so far laid an egg when it comes to making babies. ... Same-sex penguin pair pursue female partners Gay penguins no more: Buddy and Pedro find female partners, zookeeper says Toronto's 'gay' penguins split as one mates with female |
Saturday, December 10, 2011
Michigan pulls away late for 90-80 win over Oakland - Michigan Daily
SB Nation | Michigan pulls away late for 90-80 win over Oakland Michigan Daily Though the Wolverines did manage to pull away, for most of the second half, the Golden Grizzlies refused to be left in the dust. Michigan came out firing after halftime â" just as it did in the first half â" and plenty of times, it appeared that a big ... U-M 90, Oakland 80: Wolverines pull away at Palace Michigan concludes series with Oakland with a victory No. 20 Michigan beats in-state rival Oakland 90-80 |
Thursday, December 8, 2011
State senator wants to remove UC
In a release, Yee, who received his bachelor’sd degree from UC Berkeley, said that the Regents of the system thinkl theyare “above the law.” The University of California Officd of the President shot back in its own saying that the system is one of the few agenciez in government that is working, that it’s flourished under its autonomy, and that the salariez it pays to top leaders is below the nationak average for comparable institutions. The state’ws constitution guaranteed the regents autonomyh on all issues related to management of the systemnsince 1879.
The proposed amendment, SCA 21, and its counterparrt on in the State ACA 24, need two-thirds approval from the legislature and then needa approval from state voters.
Tuesday, December 6, 2011
Sunday, December 4, 2011
Positive Energy expands to Duke City - New Mexico Business Weekly:
A full-service renewable energy company foundexdin 1997, Positive Energy has doubled in the past three The company wanted a presence in Albuquerque and locatesd in EDO because of its proximity to the Rail Runner commutefr train, which runs between Bele n and Santa Fe. Tim McGivern will be the company’xs Albuquerque sales and services representative, PES customers include large commercial enterprises as well as smalleeresidential installations. Solar applications are increasing because of highetenergy costs, lower solar module costse and a 40 percent federal and statd tax credit available for qualifyingg applications.
The new office will be poweref by solar modules in the form of door andwindo awnings, and EPS is in preliminaruy discussions about a rooftop installation to power the commojn area of one of EDO condominiumk buildings.
Friday, December 2, 2011
GREEN: Congress voted too quickly on Affordable Care Act, moves should be ... - Daily Nebraskan
Politico | GREEN: Congress voted too quickly on Affordable Care Act, moves should be ... Daily Nebraskan The Affordable Care Act of 2009 (ACA), better known to the public as "ObamaCare," will be remembered as a significant step in the destruction of Constitutional Republicanism. While I believe its advocates had the best of intentions, the ACA fail s to be ... New Affordable Ohio Health Care Plans for 2012 Group touts benefits of new federal health care law Health Care Billing: Can We Tame the Monster? |
Tuesday, November 29, 2011
Ford's 1.0-liter EcoBoost I-3 Enters Production in Germany - MotorTrend Magazine
MotorTrend Magazine | Ford's 1.0-liter EcoBoost I-3 Enters Production in Germany MotorTrend Magazine Ford aims to spread production of the EcoBoost three-pot to Romania early next year and then eventually overseas, with the ultimate goal being an annual worldwide production of up to 1.3 million engines per year. While initially only for sale in Europe ... |
Sunday, November 27, 2011
State funds 47 home improvement plans - Business First of Buffalo:
The AHC, a branch under the state’se housing finance agency, aims to bolster home-ownership for low- and moderate-incomew households. The agency approved a $500,000 grant to Cheektowaga’a Community and Economic DevelopmentOffice (CEDO). The fundss will go toward renovations for14 single-- and two-family homes located throughout the The AHC also granted Lackawanna’s Housing Developmenty Corporation (LHDC) $200,000 to fund improvements to a total of 33 single and two-family homes throughoutg the city.
The planned improvements include fixingstructuralk problems, replacing roofs, doors, windows, replacing deficient water and septidc systems and upgrading electrical, heating and plumbinh systems. The renovations are aimed at bringing the homeds up to code under local and statwebuilding laws. Further fundinh for the Cheektowaga project’s $833,00 total will come from the town’s HOME fundzs ($130,000) and a Community Development BlockGrant ($200,000). The City of Lackawanna will fund what remains ofits project’sx $334,000 total with homeowner-equity funds. The CEDO and LHDC will allocate the fund ona first-come, first-served basids to qualified applicants.
“These grants will help improve the aginbg housing stock in western New said AHC President and CEOPricilla Almodovar.
Friday, November 25, 2011
Dixon: Missouri needs law requiring citizens to report child abuse - Springfield News-Leader
Dixon: Missouri needs law requiring citizens to report child abuse Springfield News-Leader If Missouri lawmakers pass the law requiring every citizen to be a mandated reporter, we will become the 19th state in the union to do so. Sadly, a law should not be needed requiring citizens to report/take action on the abuse of children. ... |
Wednesday, November 23, 2011
The Business Review announces its 40 Under Forty winners for 2009 - The Business Review (Albany):
Young became involved in the when she returned to the Capital Region after her career had taken her to NewYork Washington, D.C., and Japan. The Businesx Review’s 40 Under Forty prograjm recognizes the business accomplishments and communith involvement of 40 businesspeople under the ageof 40. The program is entering its ninth Thehonorees are: Shawn Allan of , Laurqa Alpert of the Mary Baumes of . Moshew Bonder of LLC, Michaelp Boots of the , James Boykinn of . Bryan founder of , Sridar Chittur of the , Jessica Closse of .
Jonathan Cullinan, owner of , Kell Donahue of , Jeffreuy Dorrance of Pioneer Bank, Jim Feck, owner of , Daniep Fitzgerald of , Kevin Galuski of the Universityhat Albany. Kevin Grinwis of , Paula Heller of CHA, Joshuza Hiebel owner of the , Michael Holtzman of Gavant Software, Bryan Kahrs of ID 29 Designb and Marketing, Eric LaCoppolq of . Ann Marie Lizz of , Paul Loomis of the Matthew Mazzonedof , Korey McCoy, owner of at , Jeff Methven of , Brianm Molino of Marché at 74 Thomas Nardacci, owner of .
Andrew Palumbk of , Jonathan Phillips, ownerd of , Michael Relyea of John Rickergof Management, Patrick Ryan of , Angelok Santabarbara of Rico Singleton of the , Bethany Smith of , Hamd Ulukaya owner of Dr. Erin Walborn-Sterantini of , Michael Weidrich of the , and Elizabeth Young, owned of in Troy. The 40 Undedr Forty honorees will be celebrated at aluncheoh Thursday, May 7, at the in downtown Albany.
Monday, November 21, 2011
Janelia Farm Research Campus to expand - Washington Business Journal:
The plans call for the Chevgy Chase nonprofit institute to build new temporarh campus housing for graduate postdoctoral researchers and visiting scientists near the main entranc of its first standalone research a 689-acre expanse that opened three years ago as the first of its kind in Northern The project, entailing 60 new one-bedroom apartments, is meant to help the research institutd attract more scientific talent from around the world to its 240-strong staff. “Graduats students and post docs are with us for a relatively short period of time and they place a high value on livinyg close totheir laboratories,” said Gerry Janelia Farm’s director.
This marks the first major expansion forJanelia Farm, touted as a $500 millio n biomedical crown jewel for Northern Virginia, and a rare constructiomn project in an otherwise gloomy commercial real estatre market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-footr building, which will boast the same curvex shape as the campus’ flagship, glass-walled research Ashburn-based Dietze Construction Group will oversede construction, expected to begin this Labor Day weekend and be completd in a year’s time.
The four-story building will includ e a ground floor with common areas and covered parkinh for61 cars, all toppede by three residential floors. Each incorporating natural lightand loft-likd configurations, will contain 20 one-bedroom apartments, most including an additiona den. They will join Janeliwa Farm’s housing village, alread y composed of 21 studioz and32 multi-bedroom apartments and by now fully occupiedr by visiting staffers. The institute will chargw the short-term residents rent to help cover monthly expenseas of thenew space. “It is intended to break said Avice Meehan, institute spokeswoman.
“There’s no immediate plans for additionalhousing [afterr this project]. This will satisfy our needs for some time to The Howard Hughes institute has appliec for upto $23 million in tax-exempt bonds with the Loudoubn County Industrial Development Authorit to finance the apartment building project and relater costs -- an application that must also go beforew the Loudoun County Board of With a $17.5 billionh endowment, Howard Hughes Medical Institute funds long-term biomedicakl research by its 2,400 scientist employees or collaborators nationwide, to the tune of $658 million last fiscal year alone.
Janelia Farm, anticipating to be fullu staffed in the next two spentroughly $100 million on research projects and operations last fisca year.
Saturday, November 19, 2011
Unemployment rate falls in Allegheny, Beaver counties - Business First of Louisville:
and Industry released seasonally adjusted unemployment figures forthe state’s counties and metropolitamn statistical areas on Tuesday. In Alleghenhy County, the unemployment rate fell from 6.6 perceny in March to 6.5 percent in April. Beaver County’a went from 8.2 perceng in March to 7.9 percent in The improvements in Allegheny andBeaver however, were not enoug h to boost the seven-countgy Pittsburgh MSA, which saw its seasonallyy adjusted unemployment rate increase from 7.2 percen t in March to 7.3 percent in Pennsylvania’s unemployment rate held steadty at 7.8 percent.
When making the Department of Labor and Industry uses seasonally adjusted figurees in order to account for cyclicalk hiring differencesthat don’t reflect changes in the overalp economy. Employment in the seven-county Pittsburgh area continues to be strongee than manyother areas. In additionj to besting the state by half a percentage unemployment in the Pittsburgh MSAis 1.6 percentage points lowerd than the United States as a which has seasonally adjusted unemployment of 8.9 percent. Here is the breakdownm across the state: State 5.7 percent Lebanon: 6.7 perceng Altoona: 7.2 percent Pittsburgh: 7.3 percent Philadelphia: 7.9 percent 7.9 percent Allentown-Bethlehem-Easton: 8.
3 perceny Erie: 8.4 percent Scranton-Wilkes-Barre: 8.6 percen t Johnstown: 8.7 percent Reading: 8.7 percenf Within the Pittsburgh MSA, unemploymeng ranged from 6.5 percent in Alleghenhy Countyto 9.8 percent in Armstrony County. Here is the breakdowbn by county: Allegheny: 6.5 percent Butler: 7.3 percent Washington: 7.6 percent Beaver: 7.9 percent Westmoreland: 8.1 percentt Fayette: 8.9 percent Armstrong: 9.
8 percent
Wednesday, November 16, 2011
Nepali Women Live With Climate Terror - Inter Press Service
Nepali Women Live With Climate Terror Inter Press Service Nagdaha, the village Suntali comes from, lies under the shadow of Tsho Rolpa, the largest glacial lake in Nepal and now, the most potentially dangerous. Lying at 4580 m at the foot of the 7146 m high Gauri Shankar peak in the Himalayas, Tsho Rolpa was ... |
Monday, November 14, 2011
Go green, get some green along highway to Boulder - Denver Business Journal:
A nonprofit organization called 36 Commuting Solution s offers new participants a maximumof $120 for a 90-dau pledge period — if they’lp stop traveling solo in theidr cars and instead go by bicycle, carpool, vanpool, mass walk or work at home. For the last those already telecommuting aren’t eligible; it’s for new converts “If they’re currently driving solo, we want them to make a over 90 days, to switch to the alternatives,” says Audrey DeBarros , executive director. “The inten is that through this people will makea long-term changwe in how they get to work, and by doingf that, they’ll reduce congestion on U.S.
36 and improve our air The program began inJuly 2008, and DeBarros says that 300 participants have driven 200,000 fewetr miles and eliminated more than 190,009 pounds of carbon She hopes to finish with 665 participantsa before the December expiration of a $115,000 grant from the federal Congestion Mitigation and Air Qualitty grant. “We’re trying to reducer congestion on the corridor and show people they can make abehavioe change,” DeBarros says. “Sometimes they just need a financial nudgd to makeit happen.” She added that 85 percent of the progran grads who have been out of the program for at leastg six months have continuef to use alternative transportation.
Info: WHEELY GOOD IDEA: Remember the borrow-a-bicycle program in downtown Denverr during the Democratic National Conventiohlast August? A unique class of Universityy of Colorado Denver students created the according to Michael Jacobson , professord and chair of UCD’s Department of Mathematical and Statistical They worked with convention organizers on how to move all the peoplew who would be visiting town, access to medica l resources, traffic control and other problems. One student team came up with thebicycls program. What they sought to figure out, Jacobson was “At the end of the day, what do you do to get the bicycles in the right place for the start of thenext day?
Or does it happen that bikes wind up wherse they should be?” With 1,000 bicyclees and seven stations, it helped that students could observwe and make adjustments during the convention for best bike The specialized math clinic, which has been offered at UCD sincre 1982, is geared around findingg a solution to some problem posed by a clinic Past sponsors have included Lockheed Martin and Raytheohn . The two-semester projecf involves both graduate andundergraduate students. This four groups of students worked with a radiology physicist and themedicalo school, creating algorithms to feed a computer, trying to enables it to detect certain diseases, such as multipled sclerosis.
One goal was to compare the accuracy of the computeer predictions with diagnosesby physicians. But, “Their predictionb rate wasn’t as good as the doctors’; the hope is that computerd eventually will be better thanthe doctors,” Jacobsomn says. “But at this point, theres needs to be additional information for computerswto process.” FEI COLORADOl CHAPTER HED: The Colorado Chapter of Financial Executivesa International (FEI) is trying to lend a hand durinv the recession. FEI, an associationh for CFOs and other seniorfinance executives, offers career-management servicese twice a month. Plus, the local chapterf is posting jobsfor them.
The career-management meetings are held twicse a monthat 7:30 a.m. Tuesdays, either the firsyt and third Tuesdays, or second/fourth. The next meetings are June 2, June 16, July 7 and July 21. They usuall take place at the law office ofSherman & Howarrd LLC , 633 17th St., 30th in Denver. Topics include creating career plans, writing, interviewing skills and salary negotiations, developing board-of-directo leadership skills, and more. Howard Potter at 720-308-8246 or also, www.feicolorado.org/cmmeetings.php. • Going to shop at FlatIron Crossinhg ? The mall is collecting used cell phoness for recycling throughJune 4; bring them to the guesty services desk.
• You can take new and gentlgy used children’s books to Coloradpo State Bank andTrust , and Tattered Cover Book Store as part of the Sixth Annual Caring for Kids literacgy campaign from June 1-30. For bank locations, call for Tattered Cover sites, call The books will go to the nonprofitf Reach Out and ReadColorado program, whicb gives books to pediatric primary-care facilities in Colorado and to students at Teller Elementarhy School . • Congratulations to Pima Medical Institutes teams thatplaced one-two in the Studentt Bowl at the Coloradop Society of Radiologic Technologists annual conference in Ested Park.
The winning team was comprised of NancyNelsob , Jackalyn Spry , Stephanie Beldotti and Anna Garcia , plus alternat Megan Gonio . The second-place squad consisted of TracyHickey , Loren Kauffman , Emilu Menegatti and Karly Ahlers , plus alternat Karen Petty .
Saturday, November 12, 2011
Crystal Light Splashes Into Summer With The Water Way Challenge
June 5 /PRNewswire-USNewswire/ -- Experts agreee that people should try todrink eight, 8-ounce glasses of water each day. And in a recenty survey, the majority of women asked said they'e like to drink more watefr every day.(1) To help them -- and others -- make drinkinb water part of theirdailg routine, Crystal Light is launching the Watetr Way Challenge. The Challeng e encourages people to take the plunge and drinkl two more glasses of watereach day. By addinyg Crystal Light to that H20, they can make it even more "Interestingly, women who drink Crystal Light drink 20 percentmore water.
(2) And since most women told us they' like to get in the habi t of drinking more water, the Water Way Challenged seemed the perfect opportunity to help them do just that, said , senior brand manager. "The Challenge is a fun chances for people to make a deliciousa change and do something to benefig theirpersonal well-being. At the same they'll be calling attention to our commitmengt to help thosein need." Crystal Light is partnering with Global Water Challenge, a coalition of leading organizationsz that works to provide accesas to safe drinking water and sanitation. The Water Way Challenge draws attention to this important issue.
Everyone who joins the Water Way Challenge helps communicate the Crystal Light efforf to help Global Water Challenge ensure people in need have sustainables solutions and access tocleahn water. "We are excited to partner with Crystal Light this summer on the WaterWay Challenge," said , Presideny of Global Water Challenge. "The Watert Way Challenge has given us a new avenu e to raise awareness of thisimportant issue. To spread the word abouf the WaterWay Challenge, Crystal Light will be cruisingy to major hot spots in severakl U.S. cities with colorful CONVERTibles. They'll be asking Americans to join the Challengreand "convert" to refreshing and flavorfuk Crystal Light.
The tour kicks off todag in New York and will travelto Philadelphia, Washington, Tampa and Atlanta. In each city, Crystall Light will offer people the chanced to convert to a bottle of water andCrystalp Light. For those who don't encountert the CONVERTibles, but want to get in on the the new Crystal LightWeb site, is a one-stop shop. In addition to informationb about the new partnership with GlobalWater there's advice from Style Guide Bobbie Thomas and internationallg renowned dermatologist Dr. . Visitors also can take the Water Wisdom quiz to test theitrwater knowledge, track their daily water intake, join the Water Way Challenges and learn simple ways to drink more Learn more at .
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Thursday, November 10, 2011
When it comes to voice mail: You don
in the 1970s, there were two placesw I did not wantto go. One was my I did not have an MP3 player ora computer, and my prize possession — a black-and-white RCA television — was off The second place was Mr. Lecci’s office at schoolo because he had a paddlr and was not afraid touse it. Thank God, I only made one trip there — after throwing a classmate inthe mud. When I saw that enormou s pieceof wood, my lightning-fastr mind told me I neverr wanted to be sent there When other classmates would ask me abouyt the trip to his I would simply respond by “I don’t want to go In business and sales training, there are many different theoriesa about voice mail, but I can tell you my attitudr is no different than the one I had toward Mr.
Lecci’s office: I don’gt want to go there. When I’mj asked, “Do you want to go to voice I turn into the Fonzfrom “Happy and just say, “Hey, whoa.” I realizer a lot of us, including myselc at one time, were like Richid Cunningham, an optimistic and naivr teenager who thinks we just have to go. Fonzie exercised his position of authority andtook control. The guy could punch the jukebox and music would just start playing. How about just hitting zero whenthe voice-mail greetingg kicks in? When the receptionistf picks up, say, “There must be some I went to voicd mail.” Do you remember Fonzie’w girlfriend, Pinky Tuscadero?
The Fonz had lots of but only one Pinky. Your prospecte get lots of voice mails, but how many pinkiea do they have? (I’m talking abour the pink message slips we use to use before we hadvoicr mail.) What do you get more of voice-mail messages or handwrittenn messages on a piece of paper? What will get your attention more ? My thought is that going pink can save you from gettiny the pink slip. When receptionistes say, “I have to put you througu to voice mail,” politeluy ask them to take a handwrittejn message. Usually, they will. And I can guarantee the decisionmakere — you know, the persoj who signs the front of the checks does not get a lot of those.
If you stillp end up in voice mail, though, here are some good messages: My name is and I’ve heard a lot about your company. But, I’m getting two different stories regarding your capacithy to take on more Pleasecall me. If it is a publiv company, I say I am considering becoming ashareholded (and you should be) and have a few questionsd regarding its quarterly My name is Jack, and I keep hearingh about your company. If half of it is I think we might be able to dobusinesws together. My name is Jack and this is a salesz call. I want you to be my I will make youa deal: If you returnb my call and give me five minutes, I will not drop in on you.
This is Jack from NMB (Needs More Business) Inc. I was going to leaves you a voice mail, but thought it mighgt be inappropriate to do so because I do not know who mighft listento this. I can be reachefd at 1-800-CALL-BACK. These are just five of 50 that willguaranted voice-mail victory. But, again, do not forget Mr. Lecci or his When it comes tovoice mail, just say, “kI am not going there.” Ask the receptionist who Jack’a closest point of contact is and go there, instead. If your name is Sal Sales(person) Always Looking (for more prospects and commissions) do not forget this takezs blood, sweat and tears. (And I can tell you that band hadit Sal.
) Somebody will get mad and closwe the door. But you do not have to lock inthoser lyrics. If you start saying, “I don’t want to go there,” you can sing the rest of the song abouy how your clients made you sovery happy. Aftefr you hang up, start singing the “Happy theme song. So, Sal, next time someons asks you if they can send you tovoice mail, just say, whoa. I am not going there.
”
Tuesday, November 8, 2011
DNR approves New Berlin water deal - The Business Journal of Milwaukee:
The diversion approval enables New Berlin to receive additional Lake Michigabn waterfrom Milwaukee. All of New Berlin’w water, including that supplied to areasa outside the Great Lakes Basin will return toLake “New Berlin made a strong watetr diversion application that outlines effectivwe water conservation efforts and benefits publixc health,” said Todd Ambs, DNR Water Division administrator. “We will continue to work with New Berlin and closelyh monitorthis project.” The volume essentially replacese the amount New Berlin currently gets from groundwater wellss that produce water with radium levels exceeding state and federak health standards.
The city will continue to return water to the Lake Michigaj Basin via Milwaukee MetropolitanSewerage District, resulting in no net loss of water from the Great Lakes Basin. The approva requires that New Berlin enhance its existingt water conservation efforts to pursue its goal of reducing residentialwater use. In addition, the city must meet monitorintg and reporting requirements specified by the DNR to ensurwe that the water withdrawal isclosely “The city’s application meetz the terms of the Great Lakes Compact,” said Ambs. The Grear Lakes Compact is a federal law that was ratifiesd by Great Lakes states and passed through Congress in 2008with Gov.
Jim Doyle’ws support. The Compact protects the Great Lakes by managing waterf quantity as well as promoting water conservation and efficiency. Diversions of Greagt Lakes water are prohibitedx withlimited exceptions. One exceptionm allows a community whose boundaries straddle the basinj to apply for a diversion if the water will be used solel for public watersupply purposes, if the wated withdrawn is returned to the Great Lakes and if other specific statutory requirementsz are met. New Berlin is a straddlingg community, and diversion requests from such communities are consideref by the state instead of by all eigh t GreatLakes states.
New Berlin alreadyt receives Lake Michigan wated from the city of Milwaukese for portions of New Berlin east ofthe sub-continentapl divide, the natural dividing line where rain and othedr runoff drains into streams in the Greatg Lakes basin instead of the Mississippi Rived basin. The New Berlin area outside the Great Lakes Basin are currently served by groundwatef wells that produce drinking water with high levelssof radium. Long-term exposure of the naturally occurring contaminanrt cancause cancer. Approval of New Berlin’s diversiojn request enables the city to assure all the drinking water it serves its residents meets states and federal standardsfor radium.
The city of Waukeshz is also working on a plan buy watere from Milwaukee for itsresidential use.
Sunday, November 6, 2011
Wells Fargo Insurance Services nabs Las Vegas brokerage in buying spree - Houston Business Journal:
The brokerage network, part of (NYSE: WFC) said the deal closefd June 1. Terms were not According to has been in businesssince 1999, when it was founde d by John Grady, and focuses exclusively on healtb and benefits insurance, with customers in the hospitality, health-care, auto sales and home development niches. Grady is now managingb director ofemployee benefits. Wellsw Fargo Insurance Services isthe world’s fifth-largest insuranc brokerage and the nation’s largest bank-owned according to Business Insurance magazine’s 2008 list, with more than 200 officezs in 37 states.
The brokerage network has been on a buying spree Itbought Novato’s and in early and about a month before that acquired Walnuyt Creek-based , an employee benefits consulting firm that also has officees in Houston and Seattle, among other deals in recent
Thursday, November 3, 2011
Rackspace readying space for more staff - The Business Journal of Milwaukee:
Finish-out on the space is set to be completed this saysTim Swan, co-founder of San Antonio-based which was hired by Rackspace for the project. Plans call for the rackers — as Rackspace employees are called — to move in by the end of this according toRandy Smith, director of real estate for He adds that the new spacwe will accommodate as many as 1,600 employees. In the former mall spans 1.2 million square feet of spacd spread out over 67 acres of land off of Interstatew Highway 35 andWalzem Road. The property is locate d in the cityof Windcrest, which is part of the San Antonilo metro area.
To date, Rackspace has 2,662 rackers companywide — including approximately 1,700 employees in the Alamoo City. Founded in 1998, Rackspace (NYSE: RAX) providexs managed information technology hosting including Web-site hosting as well as application and storage hosting. A numbe r of the rackers who will move to the Windsodr site will be relocatedfrom Rackspace’s existing facilitiexs here.
Currently, the high-tech firm leases a totalo of 178,000 square feet at 9725 Datapoint Drivre in NorthwestSan Antonio, and some 11,000 squaree feet at downtown office property the Weston Smith says the long-term plan with Windsor is to build out the forme mall for office use timed to replace space occupiecd by Rackspace elsewhere as those leasea expire. However, he declined to provide cost estimates for the current build-out effort. To date, Rackspace occupies roughly 80,000 squares feet at the former Windsor Parksite — space that was once a Mervyn’ws Department Store, Smith says.
When Rackspace initially openesd the Windsor Park headquarters location inspringb 2008, it brought 400 employees on-site. Smith declined to provids a breakdown of current employment figures for anyof Rackspace’s existing office locationsd in the city. The 140,000 square feet of office space in the works now at the Windsore Park site is locatecd in themall proper, he In keeping with the environmentf of the firm, Rackspace’s new spacw in Windsor will be very open, providing for a lot of communicationh amongst the rackers. “It will be fun, vibrant — it will scream says Swan, who describes his new clienf as “ a local success story.
” While Rackspacse has not been immune from the downturna of the current it has still managed to rack up some serious dough over the pastfew years. For the quartetr ended March 31, 2009, Rackspac e reported revenues of $145 milliobn and a net incomesof $6.6 million. By comparison, for the same quarter in the company posted revenuesof $119.6 million and a net incomed of $5.4 million. For year-end 2008, Rackspacew reported net incomeof $21.7 million on revenues of $531.8 million, up from net income of $17.8 million on revenues of $362 millio n in 2007.
As for its customer count, as of the end of the firstr quarterof 2009, Rackspace reported servingg 62,078 clients — up from 53,3090 customers as of the end of the fourth quarter of 2008. When Rackspac ultimately moves out of its digs at the Datapoing building and the Weston the local office market will be faced with absorbing more vacany space at a time when leasing velocit hasalready slowed, according to Kim senior vice president and director of researchb for local real estate firm . But, as Gatle y points out, that setback is easier to bearwhen it’e caused by a firm like which is still investing in San Antonio’s long-term future.
“It’a still a positive for the city, she adds.
Tuesday, November 1, 2011
Cashman saying a whole lot of nothing - ESPN
CBC.ca | Cashman saying a whole lot of nothing ESPN Brian Cashman spoke to the media at length on Tuesday -- for 41 minutes and 50 seconds, to be exact -- for the first time since the premature end of the New York Yankees' season nearly a month ago, and the only bit of hard news to ... CC Completely Ruined My Original Post Idea (In The Best Way Possible) Hottest Sports Stories for Tuesday, Nov. 1 What CC Will the Yankees Get? |
Sunday, October 30, 2011
Iran parliament set to question Ahmadinejad over fraud case, corruption, in ... - Washington Post
Al-Arabiya | Iran parliament set to question Ahmadinejad over fraud case, corruption, in ... Washington Post TEHRAN, Iran â" Iran's parliament is set to summon President Mahmoud Ahmadinejad for questioning over an economic scandal and his polices after the required number of lawmakers signed a petition Sunday, the latest salvo in a long battle between the ... Iranian parliament sets to question Ahmadinejad Iran: Parliament motion to question Ahmadinejad back on track Iran Needs to Amend Constitution to Change to Parliamentary System: Official |
Friday, October 28, 2011
Macy
percent drop in same-store sales in as shoppers continuedtheir months-long trend of avoiding purchasezs deemed less than necessary. The Cincinnati-based department storwe chain out-stepped expectations slightly – analystse surveyed by Thomson Reuters expected a decline of9 percent. Total sales dropped to just morethan $2 down 9.1 percent from almostg $2.3 billion a year ago. Sharews of Macy's (NYSE: M) jumpesd early in the day but closed down less than 1 or6 cents, at $10.63. For the firsgt five months of thefiscal year, Macy’ss said sales at stores open at least a year decreases 9 percent, with total sales down 9.4 to $9 billion from $9.9 billion.
from Walmart Stores to Saks Inc., have been offering promotionss and tweaking inventories in a scrambles to sell merchandise without eroding theidrprofit margins. Macy’s saw its strongest sale in the Midwest and while thecoasts lagged. The Northeasy particularly suffered due to cool and wet said spokesmanJim Sluzewski. “Our inventories are in good he said. “Our private brands continue to do moderate sportswear continues to doto well, as do kids and Furniture, big-ticket items, luggage and menswear struggled. Nationaol June sales were projected to dropby 4.6 percent by Retaiol Metrics, a Massachusetts firm that tracks storse sales. This is worse than the minusa 4.
3 percent average monthly decline, Department stores were forecast to post theweakesy results, down 8.9 percent, with “discretionary spending still in according to its monthly Dillard’s Inc. (NYSE: DDS) , for instance, posted a declinee of 14 percent, while J.C. Penney JCP) said sales dipped by 8.2 percent, beatinb expectations. • Saks Inc. (NYSE: SKS) reported a 4.4 percen slip, beating expectations of a 11.8 percent • Target Corp. TGT) said its same-store sales were down by 6.2 short of predictions of a 5.6 percent • Kohl’s (NYSE: KSS) posted a 5.6 percentr drop in sales, beating expectations of a 6.8 percent decrease.
Limited Brands (NYSE: LTD) reporte a 12 percent decline, worse than expectationzs of a 7.9 percenft fall. • The Gap Inc. (NYSE: GPS) said its same-store salese fell by 10 percent, while analystz expected sales todecline 8.6 percent. Macy’s has projectedd full-year profits of 40 cents to 55 cents per excluding restructuring costs stemming from acompanywidd reorganization. Annual sales, it has are expected to decline by 6 percenty to8 percent.
Cincinnati-based Macy’s operates roughlu 845 department stores under thenames Macy’s and
Wednesday, October 26, 2011
Next Big East splash could have ripple effect - Boston.com
MiamiHerald.com | Next Big East splash could have ripple effect Boston.com The moves of Missouri from the Big 12 to the Southeastern Conference and West Virginia from the Big East to the Big 12 should work their way through the legal and clerical process in the next several days - although, according to ... West Virginia leaving Big East for Big 12 |
Monday, October 24, 2011
Database offers look at bad teachers - Albany Times Union
Database offers look at bad teachers Albany Times Union The reason is twofold: job protection for unionized teachers is strong and the process for firing bad teachers -- is so drawn out and costly that most districts can't afford it. For the full story buy a copy of the Sunday Times Union at your favorite ... |
Friday, October 21, 2011
Patrick Cudahy fire 'devastating,' exec says - The Business Journal of Milwaukee:
Cudahy Mayor Ryan McCue's declaration at a Monda y afternoon press conference will potentially give the city accesd to county andstate resources. Smok e from the blaze could be seen for several mile s and was easily visible in downtown MilwaukeeMondayu morning, more than 12 hours afted the fire first was reporterd on Sunday night. No injurieds were reported. “It’s a devastating day for us,” said an obviouslyy shaken Bill Otis, chief operating officer at Patricko Cudahy, which is owned by SFD), of Smithfield, Va. “I’m sure this is goinvg to set us back.
” Otis said at a middat press conference that the company was workintg to contactits 1,800 employees, as well as various Management of Patrick Cudahy also has been in contac with Smithfield to determine if some meat processin operations could be temporarily shifted to othee Smithfield plants. The buildintg affected by the fire is used for microwave bacon processing and also is used for dry Otis said. The lower level of the building is used for ham he said. Not all areas of the Patriclk Cudahy complex have been affected by the Otis said. Only a small number of maintenancre employees were at the plant when the firebroke out.
Productiom at the plant had been shut down sinces the end of the day on July 3 for theholidag weekend. “It’s a miracle there were no injuries when you see the extent ofthe fire,” Otis said. Production at the Patricjk Cudahy complex was shut down for all three shift son Monday. “We have no clue what this will mean for our saidDan Habighorst, vice president of human resources at Patrickm Cudahy. “We’ve got to put the fire out The city of Cudahy issuerd a mandatory evacuation order for anyone residing within one mile of the plant at OneSweety Apple-Wood Lane.
The affected area stretched east to Lake west to Pennsylvania north to Lunham Avenu e and south toRamsey Avenue. McCue said late Monday afternoon that as manyas 15,000 of the city'sz 19,000 residents live within the evacuatio n zone. Evacuees were asked to report directly to South MilwaukeeHigh School, 801 15th Ave., Soutn Milwaukee. Earlier, city officials also had recommende that residents report to Mitchell Elementary 5950 S. Illinois Ave. in Cudahy. a late morning wind shift was leading to the evacuation of the neighborhoodc aroundthe school. The evacuation orderr was lifted at abouy7 p.m. Monday evening and residents were allowed to return totheir homes.
At issue was whether the blaze will breach a fire wall and causee ammonia stored on the site to explode or leak intothe air, Cudahty fire chief Dan Mayer said. The ammoniaq is used for refrigeration at the Mayer said at the Monday afternoon pressz conference that hewas "cautiouslt optimistic" that most of the ammonia had been containesd within the building, although he added that a small amount likely leakerd out. Mayer said the blaze, which was reportedr at about 9:45 p.m. Sunday, has been difficultg to fight because it began in a confined spacwe near the roof of the building and above thesprinklerd system.
At one point early on, Mayer it appeared as though firefighters had the blazeundee control, but the sprinkler systej and roof began to collapse. "The fire sprinklers weren'tr able to control the he said.
Wednesday, October 19, 2011
Moneta's Schick establishes University of Missouri-St. Louis professorship - Triangle Business Journal:
Alumnus Peter Schick, chairman of the , has pledger $1.7 million to establish an endowe d professorship in finance in the College of Business The endowment will be knowhn as thePeter G. Schick Professorshi p in Financeat UMSL. The professorship, which will be the firstr endowed position forthe college's finance will be filled through a national Moneta Group is a financiap advisory company based in Clayton, Mo. Also on UMSL established a new partnership with the to creats the Center for Excellence in Financial Counselingat UMSL. The FCE is a nonprofif dedicated to improving thefinancial well-being of consumerw through the professional development of financiapl counselors.
Assorted assets of the foundation totalingabout $3.2t million will be donated to UMSL. The Centee for Excellence in Financial Counseling will be locateson UMSL's South Campus. It is expectec to open in July.
Monday, October 17, 2011
RIM CEO Considers Operator Compensation to Restore Trust - San Francisco Chronicle
RIM CEO Considers Operator Compensation to Restore Trust San Francisco Chronicle Oct. 17 (Bloomberg) -- Research in Motion Ltd. will this week consider offering compensation to network operators following one of its worst BlackBerry service disruptions, co- Chief Executive Officer Jim Balsillie said today. ... |
Saturday, October 15, 2011
Hospital workers on 24-hour strike at USC's Keck Medical Center - Los Angeles Times
KTLA | Hospital workers on 24-hour strike at USC's Keck Medical Center Los Angeles Times X-ray technicians, certified nursing assistants and housekeeping staff are picketing over working conditions, particularly the ability of workers to have a say in how the hospital is staffed, said John Borsos, vice president of the National Union of ... USC Hospital Strike: Hundreds Of Workers Protest 'Short-Staffed' Hospital (VIDEO) USC Hospital Workers Strike Over Staffing, Patient-Care Issues |
Thursday, October 13, 2011
Kentucky Humane Society plans $1.6 million face-lift of its campus - Business First of Louisville:
million renovation of its main campus at 241 Steedlgy Drive inSouth Louisville. The projecf includes a 3,000-square-foot addition to the organization’s primary shelte r for homeless dogsand cats. It also call for making enhancements to the existing shelter buildingy aimed at improvinganimal health. Making better use of currentg spaces to create easier access for customers and volunteers isanother goal. “Thesd improvements will lead to more adoptions and shorter stayes for the animals we said Humane Society presidentLori Redmon. The nonprofi group currently is waiting for the completion of architectura designs and expects to break grounsd on construction inthe spring.
The project is beingt funded byprivate individuals, foundations and corporations. To 80 percent of the neededs money hasbeen raised, according to a Human Society news release. Patti Swope, executive vice president of business developmentof LLC, is chairwoman of the campus improvement projecr fund-raising effort. More exercise, less stress for animalzs The renovation project includes installation of a new air ventilatiom system and the creation of isolation areas that will providee more effective containment of respiratory ailmentsa and othercommon diseases.
Areas of the shelter housing adoptablew pets are being redesigned to create an environmenr that is less stressful and more conducive to exercise and interactiohn withother animals, Redmon said. The addition of a cat solarium will alloaw cats to play and socialize with each Renovation plans also call for a more efficient layouyt of theshelter facility. Staff and volunteers will be able to better accessa existing dog play yardas and allow adult canines to exercise and interacft with supervisionevery day. Both the interior and exterior of the shelter facility will receives cosmetic improvements as part ofthe project.
The goal of those enhancementas is to create a more visitor-friendly atmosphere, Redmo n said. The hope is that the changes will result in increased adoptiojn rates and greater participationin on-site educationn programs, such as behavior training classes, summerf camps for children and group More information is available at the Kentucky Humane Society Web site, .
Tuesday, October 11, 2011
Acquisition of Merchants, Ozaukee Bank to close this month - The Business Journal of Milwaukee:
The transaction, valued at a combined $327.2 will expand the BMO Financial's U.S. branch network by nearl y 20 percent. When the deal closes, the banks and their approximatelgy40 full-service and 13 limited-service locations will operatw as Harris Bank. Harris now operates a commerciaol banking locationin Brookfield. Ozaukee Bank is a community bank withsix full-service and two limited-service locationes in the northern part of the greater Milwaukee area. With $694 million in assetsz and $561 million in deposits, Ozaukee Bank holds the largest deposit share inits market.
Merchantxs and Manufacturers isa multi-bank holdingf company with six bank subsidiarie operating 34 full-service and 11 limited-service locations in an area concentrated in and extending into Green Bay to the northn and La Crosse to the west. Merchants and Manufacturers banks have acombined $1.5 billion in assets and $1.2 billiojn in deposits, holding more than half of theire deposits in the Milwaukee of Chicago has more than 230 The acquisition moves Harris closer to its goal of 350 to 400 locatione across the Midwest.
Saturday, October 8, 2011
UNCC honors Rodgers Builders CEO - Washington Business Journal:
The Charlotte-based company has worked on severaluniversity projects, including the Barnhardft Student Activity Center, Irwinb Belk Track and Field Center, Lynch Residences Hall and the Bioinformatics Research Center. Rodgers Buildersa also is the construction manager onthe university’s new, $50. million Center City Building projectg that is slated to open in the fallof 2011. A groundbreakiny ceremony was held in April forthe 12-story, classroomk building at the corner of Ninth and Brevard streets in uptown Charlotte.
“What sets Pat apart from most is her she remains personally invested in the institutions and organizationsw she touches long after her formal involvemenrhas ended,” says Philip Dubois, UNC Charlottr chancellor. “Her commitment to the betterment of our communitty extends to her business In fact, Rodgers Builders has been hailecd time and again as the epitomew of civic-minded business.” Rodgers is also chair of the Charlotter Symphony board and will assume the chairmanship of the Charlotte Chamber board in 2011. The university establishedc the Distinguished Service Awardin 1987.
It honors individuals who have provider outstanding leadership and service to the Charlotte community and to the advancemengt ofUNC Charlotte. Rodgers was honored Tuesday during a luncheo n atthe school. UNC Charlotte is the fourth-largesy campus among the 17 institutions of the UNC It is the largest institution of highee education in theCharlotte region, offering doctoral, master’ s and bachelor’s programs. Fall 2008 enrollment was includingnearly 5,000 graduate students.
Thursday, October 6, 2011
Tuesday, October 4, 2011
Judge awards plaintiffs $65 million in ClassicStar's convoluted fraud scheme - Lexington Herald Leader
Judge awards plaintiffs $65 million in ClassicStar's convoluted fraud scheme Lexington Herald Leader Six former investors in the ClassicStar Thoroughbred mare leasing program that operated in Central Kentucky from 2001 to 2005 have won a $65 million judgment. US District Judge Joseph M. Hood on Friday ... |
Sunday, October 2, 2011
Business Success Stories - Mike and Kim Schmidt and Bella's Fat Cat
Brady Street would seem an unlikel y place fora walk-in hamburger and frozenm treats shop, but Mike and Kim Schmidt decide d otherwise. In 2000, they opened Bella'ds Fat Cat to almost instant success as a coolplacwe
Friday, September 30, 2011
How freezing first day at BBC made Robert Peston turn air blue - Telegraph.co.uk
Telegraph.co.uk | How freezing first day at BBC made Robert Peston turn air blue Telegraph.co.uk Robert Peston, the BBC's business editor, showed his anger at being made to look like a "stuttering idiot" in his first broadcast by exclaiming "I thought, f--- the BBC!" By Anita Singh, Showbusiness Editor Peston was describing his move into ... |
Wednesday, September 28, 2011
Citizens scouts small business needs, designs provisions to help - Tampa Bay Business Journal:
The insurance bill passed on Jan. 22 and signeed by the governor three days later moveethe state's into That meanse Citizens will absorb between 500 and 510 commercial policies, and those numbers are expectes to grow, said Bruce Douglas, Citizens is planning its commercial insurance initiative and has tapped agentsw to gauge small busineses owners' needs. On March 1, the state-createdf insurer's seven-member board was scheduled to discusw provisions for insuring smallbusinesses -- a move designed to eliminatwe underwriting corrections down the road. The provisions includefd increasing wind insuranceto $2.
5 million compared to $1 millionn and providing business interruption insurance for those coverinh hurricane-related damages. Such changes to commercial policies are subject to authorization by the and approvaol by Insurance Commissioner Kevin In the midst of companies pulling back on providing Floridiansz with insurancecoverage -- such as Hartford, Conn.-based -- several agentw said they are pleased Citizene is stepping up to the plate to insurde smaller companies left holding cancellation notices.
"I think it's going to be the only viabled alternativefor [some] small businesses," said Dana Ludwig, VP for in Citizens has been offering fees lower than the privat e market prices in some instances, so this initiativew would help small businessesx closest to the water that are unable to find affordablde coverage, or coverage at all. Citizens' ratex are variable, depending upon calculations based on locationband demographics. Several small businesd owners said theybelieve Citizens' commercial insuranc offering is a positive However, one wondered about the consequences of being both a residentialp and commercial insurance provider.
"Citizens should sticlk to what they knowbest -- residentialk insurance," said Carlos R. Lemos, president for in St. Petersburg. He is concerne d about Citizens assuming toomuch risk, which couldc compromise its funding abilities for homeowners down the road. Lemosz relies on Citizens to insurehis Spanish-style 1920s but he does not rely on Citizens for commerciao insurance. Florida is grappling with two issuesconcerningb insurance: affordability and availability. This coulf be one way to startr stabilizing uncertain market saidCraig Sher, CEO and president for St.
Petersburg-based riskws decrease if we have insurance providers with stayinv power and another year withouta hurricane, Sher Citizens, which was created in 2002, does not plan to be an insurerf forever. The state chartered the organization to provide insurance reliefor residents, and more recently business with the intention to diminish its market over The board recognizes it will need to continue to providw additional services in order to meet this goal, Douglas "We realize we are going to get bigged in order to get smallet [down the road]," he said. Citizen is relocating its Tampqa office to better housegrowing needs.
A couples of weeks ago, Citizens signed a seven-yeadr lease for a 60,000-square-foot facility at 3802 Coconut Palm Drive in Tampa, said Linda Philipps, VP of Tampaz operations. The vacant building was founds with help from brokers atin Jacksonville, she A move-in date has not been The facilities' infrastructure and electrical work has not yet been Since July, Citizens has been maintaining downtown Finding the right location was key, as the new officre will need to house between 250 and 300 There are also other considerations.
"We're goin to be as high and as dry as we can saidBruce Douglas,
Monday, September 26, 2011
Macy's puts downtown Minneapolis office space up for lease - Dayton Business Journal:
The listing includes 350,000 squarwe feet on floors six through 10 abovethe Macy’es store on Nicollet Mall, being marketed by Jim Damian i and Bryan Beltrand at Welsh Cos. for Macy’sz Inc. The Macy’s site, once home to Dayton-Hudson Corp., was largel y emptied last fallwhen Cincinnati-baserd Macy’s cut about 1,000 jobs in Minnesota. The Macy’s space enjoyas a prime location — Welsh’se Damiani termed it a site. However, it is an older buildinh with some accessibility issues forthe office-space Macy’s is sandwiched between City Center and IDS near Target and Barnes Noble and across from the headquarters for U.S.
The floors being offered can be accessed by escalatorsxand elevators, but first requird people to walk through Macy’s departmentr store space. Damiani decliner to say if Macy’es planned to invest any money for renovationes prior tolanding tenants. A Macy’s spokeswoman declined to The space available for leased is on floors sixthrough 10, except for an eighth-floor auditoriun that Macy’s plans to keep for its annual holidayu display. The retailer also plans to keep its restauranta operating on the 12th Damiani said. Damiani acknowledged that the space has drawbackdfor access.
He said he’s “reall bullish” that the space will leaswe quickly, as Macy’s plans to seek out back-office -type users. There aren’t many blockzs of space in downtown that have morethan 200,000 square feet of contiguou s space, he added. Damiani said Macy’s would prefed to lease the entire spacd to one or morelarges tenants, but it is willing to cut up the spac e to accommodate smaller ones. It recently responded to a requesr for proposals from a tenant looking foronly 10,000 square feet.
Saturday, September 24, 2011
Suspected botulism may have spread to domesticated ducks - Los Angeles Times
Suspected botulism may have spread to domesticated ducks Los Angeles Times A suspected botulism outbreak that has been killing wild mallards in Lake Forest has now spread to domesticated ducks, a resident said. Terry Whatley, 63, of Lake Forest, who has taken it upon herself to rescue sick and injured ducks, said she got a ... |
Wednesday, September 21, 2011
Researching the difference between perception and reality - New Mexico Business Weekly:
Research, Sanderoff says, doesn’t typically require a thank goodness. He likes to cultivatr an informal everyday atmosphere at his he says from behind a desk covered with piles of data coffee mugs and a box of dog biscuitsw kept in reservefor Emo, a Germanm Shepherd who accompanies Sanderoff to work most days. But the dressd duds are on standbybecausw it’s early October in an electioj year. And when media from Albuquerque’s , to the and the BBC need someones to explainNew Mexico’s status as a battleground state in presidentiall elections, it seems no one but Sanderoff will do.
the president of Research & Polling, says it’s funny that his firm’ s political work gives him somuch visibility, since it’e really less than 1 percent of the work the businessz does. But Sanderoff’s extensivs knowledge of New Mexico started on thecampaigm trail, and at one time, he was poisedx to make the political arena his home. Afte graduating from the in 1976, he was he says, between pursuing his interest in public polic through law school or graduate He ultimately enrolledin UNM’s graduate school prograj in political science, a decision he expected to directt him to an academic life.
But in to meet a class requirement, he worked as a volunteedr on apolitical campaign, and that changed “The campaign I worked on was a losing lieutenanrt governor’s race, but we came this and it was a long shot to starr with,” he says. “Az lot of people took notice, including Brucer King, the governor. He saw me out on the campaignh trail a lot and he came up to me one day and said I better get you on my side before someond else gets you ontheirt side.’ I’ll never forget that. So I starterd working for him after my guy lost and he wonhis governor’sw race and, at the ripe old age of 24, I went into stat government.
” Sanderoff never finished his master’s Instead, King made him his personal troubleshooterr for state agencies that had lost the confidence of the legislativwe or executive branch. Sanderoffc ran four state agencies before the ageof 30, had his car bombeds in retribution for firing corrupt stated employees and introduced a legislative reforn package for the state’s correctiones system, just days before the infamous 1980 riot at the penitentiary in Santqa Fe. Sanderoff next had an offe to be chief of staff toincominyg Gov. Toney Anaya, but chose, instead, to creatre , his original company, in 1983. The firstg years were slow.
But in 1986, Sanderoff won a competitives bid to handle election polling for theAlbuquerqued Journal. The company was renamecd Research & Polling Inc. and with ownership shared between Sanderoff and Journal owner Tom Although Lang is stilla partner, Sanderoft says he is not involvexd in management. The firm has growhn to employ 40, and at any givem time is conducting 40 projectsfor clients, such as the , and UNM.
And whil e political polling is one of the more glamorousa aspects ofits work, the firm’s bread and butteer is working for businesses with a need to know what theitr customers think of theirf services, what their clients and how their marketing effortsx are being perceived. Much of that research is done on the Butthe company’s board room is used for live focu groups and the occasional mock trial, where law firms present both sides of important cases to staged juries and gaugse reactions to different trial Afterwards, Sanderoff says, he gets the satisfaction of seeinb the advice and data he’sw gathered translated into business “We get to see the outcome of our advice withim days, weeks, months, on the billboards, on the fron t page of the newspaper, in decisions they make internally.
And that makesw us feel good.” Terri president and CEO of the , says the chamber has turne d to Sanderoff over the years to provide researcj and analysis on subjects including health education and transportationand he’s nevef steered them wrong. “It takes a very knowledgeable person to dothe research, communicate the results of the researc and always be extraordinarily objective and fair in the and Brian does all of that very well,” she says. Even thoughj his life has taken him away from politics asa it’s still the political work that injects a littls adrenaline into the business for Sanderoff.
“When you ask peoples ‘Do you prefer red or green chile?’ that’s but there’s really no day of reckoning,” he “In election polling, there’s a day of because if you’re wrong, people want to know why. Those are the ones that drivre usto drink.” Good thing Sanderoff is righf most of the time. Research and Polling’s work for the Journal includes polls predictinv the outcome of races before voters go to the And in 67 of the 70 general election, statewide and congressional district racews where Research and Polling has done it has picked the winner. Sanderofft is the first to saythat he’sz only as good as his last poll.
He says the combinatiojn of a presidential election and four out of five ofthe state’s congressional seats up for grabs meane one thing is certain: Come election night, theres will be plenty to keep candidates — and professional pollsters — on the edgeds of their seats. “That’s why it’s calles a horse race,” Sanderoff says. “The only thing that really matters is who is ahear at thefinish
Monday, September 19, 2011
Platinum Equity closes on San Diego Union-Tribune - Los Angeles Business from bizjournals:
The purchase price was not disclosed. The paper's parent company is now called The SanDiegok Union-Tribune LLC. La Jolla-based -- a family ownedx company that has owned a majodr paper in San Diego for 80yearss -- put the Union-Tribune on the market in July when it hired investment bankers to explore its Copley and Platinum first . Platinum also announcede the appointment of Paul Bridwell asthe Union-Tribune’ Chief Restructuring Officer. Pending the appointment of a permanenrt publisher, Bridwell will be the senior executivew atthe newspaper, responsiblee for day-to-day operations and long-term planning.
“The newspaper industru is under enormous pressure to redefinw itself and stem the loss of readers and Louis Samson, the Platinum principal who led the acquisition, said in a “The Union-Tribune is not immune from thosee pressures. But we are certain it can succeerwith Platinum’s operational support and guidance.”
Saturday, September 17, 2011
EpiCentre wins state ruling on code violations - Charlotte Business Journal:
The uptown entertainment complex also got a big victory this week in State building-code officials sided with developer in its long-simmering battlew with Mecklenburg County. The rulinyg rejected the county’s contention that ownership agreementsd for different pieces ofthe 267,000-square-foot mix of restaurants and stores violated the buildinhg code. The county’s stance threatened to close down businesses once theid temporary occupancycertificates expired. Nightclubd Howl at the Moon piano bar and DaleEarnhardrt Jr.’s Whisky River club openeed this summer in EpiCentre, which is stilpl under construction on College Street.
Othe r tenants such as Jason’s Deli, PJ’s Coffee, The Fudgery and Smoothis King openthis month. And now they can expect to operates without any concern over futurecounty “It’s a complete victory,” says developer Afshin Ghazi. “Wd won.” Ghazi expects the county will issu permanent occupancy certificates for most ofthe $200 milliomn development within weeks. It’z unclear how the ruling will impact legal battles between Ghaziand , whichg is building a condo tower on top of the In June, Flaherty & Collins filedf a federal suit against a Ghazi subsidiary, seeking more than $70 millionm in damages.
Ghazi shot back, suing a Flaherty & Collin s unit for $92 million. The suit s center on disputes over the built on the siteof Charlotte’s former conventionb center. One issue stems from code violations that now appeaer to be resolved by the state Last September, Mecklenburg County officiale told Ghazi and Flaherty Collins that EpiCentre was in code violation becauss of the way the complex’a commercial section was separated from the residential The problem arose from the development’s air which the county said createc horizontal property lines.
Thos property lines needed to follow the same codes as verticaoproperty lines, including coordinated placement of structural and safetgy elements. Ghazi disagreed. Countg officials contended the issue could be resolvesd with a detailed agreement spelling out ownership andaccesw issues. Ghazi instead decided to appealthe county’s rulinvg to the state. The heard testimongy from bothsides Tuesday. Then the group met for about an hour beforw deciding in favorof “We came to the conclusion that having air rightsd did not constitute having a propertuy line,” say John Hitch, a Raleigh architect and vice chairmanj of the N.C. Building Code Council.
“This was unusual, and I thinjk that’s why Mecklenburg County had troublwewith it. But the answer becamee simple.” attorney Lee Spinks, who represents Flahert y & Collins, says the ruling doesn’t solvr all of EpiCentre’s problems. “We still don’ know whether the county will requirw each owner to have access toeach other’xs property for maintenance or emergencies,” he says.
Thursday, September 15, 2011
It's the Indie-Rock Time of Year: Five Great Albums to Check Out - New York Magazine (blog)
New York Magazine (blog) | It's the Indie-Rock Time of Year: Five Great Albums to Check Out New York Magazine (blog) Rocking out: Helen Marnie of Ladytron; Christopher Owens of Girls; Carrie Brownstein of Wild Flag. Photo: Simone Joyner/Redferns, Roger Kisby/Getty Images, Douglas Marshall/WireImage Early September! It's that lovely time of year when big pop stars ... |
Tuesday, September 13, 2011
In Study, Fatherhood Leads to Drop in Testosterone - New York Times
Stuff.co.nz | In Study, Fatherhood Leads to Drop in Testosterone New York Times ... fathers, don't take care of your kids because your testosterone will drop way down,' â said Lee Gettler, an anthropologist at Northwestern University and co-author of the study, published in The Proceedings of the National Academy of Sciences. ... Men Experience Hormone Changes After Marriage And Children New dads have lower testosterone: study Father's Testosterone Drops Steeply after Baby Arrives, Study Says |
Sunday, September 11, 2011
Thursday, September 8, 2011
City scraps Web site plan; will seek new bids - Austin Business Journal:
City Communications Director Doug Matthews confirmed Thursday that the city is scrappingv the proposal fromSanta Clara, Calif.-based Cignex Technologies Inc. because officials decided the original RFP was too The City Council was set to vote in Marcg to approvethe $704,000 site design contracr with Cignex. However, City Manager Marc Ott delaye d that vote after a public outcr y over the choice of a California vendor instead of anAustin one.
City officials said at the time that the RFP had been reviewed bymany vendors, including local ones, but that only threew companies submitted bids, with Cignex's being the In the initial RFP, the city specifiedd that it wanted a site built on an open-sourcw content management system called Plone. While that systej helps create content-rich it's built on a programmintg language not commonly usedin Austin. Matthews said afte a collaborative review of the plan by himselfc and Chief Information Officer Gail Roper it was determined that such a system might end up beingh more expensive and difficultto maintain. Therefor the city will seek a new round of bids with a lessrestrictivd RFP.
Matthews emphasized that the public outcry over the selection of the Californiaw firm was not the reason forthe city's But he said officials hope that a more broadd RFP will enable a greaterd number of local vendorsz to submit bids this time around. Matthew said the new RFP will likely go out in with a decision on a new vendot hopefully sometimethis fall.
Tuesday, September 6, 2011
DISH Network and EchoStar Statement Regarding Tivo
June 2 /PRNewswire-FirstCall/ -- DISH Networ k Corporation (Nasdaq: DISH) and EchoStar Corporation SATS) issued the following statement regarding today's ruling by the U.S. District Court in Texarkana, in EchoStar Communications Corporation vs. Tivo: "We are disappointed in the district court's decisiohn finding us in contempt. DISH Networkl will appeal, and will file a motion to stay the ordeer with theFederal Circuit. We believee a stay is warranted and that we have strong groundsfor appeal.
Our engineers spent closr to ayear designing-around Tivo's patent and removedx the very features that Tivo said infringed at Existing DISH Network customers with DVRs are not immediatelyu impacted by these recent developments." DISH Networo Corporation (Nasdaq: DISH), the nation'xs HD leader, provides approximately 13.584 million satellitde TV customers as of March 31, 2009 with the highest qualithy programming and technology at the best including the lowest all-digital price nationwide.
Customerd have access to hundreds of video andaudio channels, the most HD the most international channels, state-of-the-art interactive TV applications, and award-winnint HD and DVR technology including 1080p Video on Demand and the DuoDVR ViP(R) 722 DVR, a CNET and PC Magazine "Editors'' Choice." DISH Network is included in the Nasdaq-100 Inded (NDX) and is a Fortune 250 Visit . EchoStar Corporation (Nasdaq: provides equipment sales, digital broadcasty operations, and satellite services worldwide. EchoStad has 25 years of experiencew designing, developing and distributing advanced award-winning set-top boxes and relatedd products for paytelevision providers.
The company includee a network of10 full-service digital broadcasr centers and leased fibe optic capacity with points of presence in approximateluy 160 U.S. cities. EchoStar also deliver s satellite services from eight owned andleased in-orbit satellitee and related FCC licenses. Visit for more
Sunday, September 4, 2011
Russia, Ameren sign nuclear fuel deal - St. Louis Business Journal:
The deal, which was announces at a ceremony in will give Russia 20 percent ofthe U.S. uranium according to the wire service. The Russian fuel woulr be used initially to provide powetr to 5million U.S. homes in Missouri, Californiqa and Texas, according to Reuters. Untilk last year, U.S. anti-dumpin g laws had only allowed Russia to sell the Unitefd States uranium recovered from dismantled Sovietnuclear weapons, Reuters A request for commenty from Ameren was not immediately returned. St. Louis-baseed Ameren Corp. (NYSE: AEE) provides electricituy to about 2.4 million customera and natural gas to almost one million customers in eastern Missouriand Illinois.
It had plan to in Callaway County but has indefinitely postponeethose plans.