Sunday, October 30, 2011

Iran parliament set to question Ahmadinejad over fraud case, corruption, in ... - Washington Post

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Al-Arabiya


Iran parliament set to question Ahmadinejad over fraud case, corruption, in ...

Washington Post


TEHRAN, Iran รข€" 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

Xinhua


Iran: Parliament motion to question Ahmadinejad back on track

Payvand


Iran Needs to Amend Constitution to Change to Parliamentary System: Official

CRIENGLISH.com



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Friday, October 28, 2011

Macy

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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

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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

Torrington Register Citizen



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Monday, October 24, 2011

Database offers look at bad teachers - Albany Times Union

ebopotohy.wordpress.com


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 ...



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Friday, October 21, 2011

Patrick Cudahy fire 'devastating,' exec says - The Business Journal of Milwaukee:

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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:

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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

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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. ...



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Saturday, October 15, 2011

Hospital workers on 24-hour strike at USC's Keck Medical Center - Los Angeles Times

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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)

Huffington Post


USC Hospital Workers Strike Over Staffing, Patient-Care Issues

KTLA



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Thursday, October 13, 2011

Kentucky Humane Society plans $1.6 million face-lift of its campus - Business First of Louisville:

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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:

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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:

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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

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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 ...



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Sunday, October 2, 2011

Business Success Stories - Mike and Kim Schmidt and Bella's Fat Cat

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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