yzirapogyg.wordpress.com
Those odds may seem low, but they’red actually high since double-dip recessions are rare and the U.S. economy growa 95 percent of the saidthe chamber’s Marty Regalia. He predictsd the current economic downturn will endarounsd September, but the unemployment rate will remaihn high through the first half of next year. Investmeny won’t snap back as quickly as it usually does afteta recession, Regalia Inflation, however, looms as a potential problem becausd of the federal government’s huge budgegt deficits and the massive amountg of dollars pumped into the economyg by the Federal Reserve, he said.
If this stimulue is not unwound once the economy beginsto recover, higher interesy rates could choke off improvement in the housinyg market and business investment, he said. “Ths economy has got to be runninvg on its own by the middlew ofnext year,” Regalia Almost every major inflationary period in U.S. historgy was preceded by heav debt levels, he noted. The chances of a double-dip recession will be lower if Ben Bernanke is reappointer chairman of the Federal Regalia said. If President Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that woulc signal the monetary spigot would remain open for a longeer time, he said.
A coalescing of the Fed and the Obama administratiohnis “not something the marketas want to see,” Regalia Obama has declined to say whether he will reappoinyt Bernanke, whose term ends in Meanwhile, more than half of small business owneras expect the recession to last at leasty another two years, according to a survey of Intuirt Payroll customers. But 61 percent expect their own busineses to grow in the next12 months. “Smallp business owners are bullish on theirown abilities, but bearish on the factorw they can’t control,” said Cameron director of marketing for Intuit Employee Management Solutions.
“Even in the gloomiest economy ther e are opportunitiesto seize.” A separats survey of small business ownersd by Discover Financial Services founfd that 57 percent thought the economg was getting worse, while 26 percent thought the economg was improving. More than half planned to decrease spending on businessx development in the nextsix
Friday, December 30, 2011
Tuesday, December 27, 2011
Denomination is expected in Belarus - Charter 97
avaohev.blogspot.com
Charter 97 | Denomination is expected in Belarus Charter 97 According to a Belarusian tradition, assurances of the National Bank have just supported Belarusians' misgivings. Rumours about denomination persist in Belarus. Denial of rumours by representatives of authorities are increasing these suspicions. ... National Bank to continue managed float of Belarusian rubel next year Significant fluctuation of exchange rate not predicted in Belarus in 2012. |
Sunday, December 25, 2011
PM: No place for discrimination in Israel - Jerusalem Post
srikanth-topic.blogspot.com
PM: No place for discrimination in Israel Jerusalem Post Netanyahu's comments came as one minister after the other expressed outrage at the saga of Na'ama Margolis, an eight-year-old modern Orthodox Beit Shemesh girl featured in a Channel 2 report Friday night who was spat upon and harassed by extremist ... |
Friday, December 23, 2011
Bizjournals debuts online business directory - Business First of Louisville:
burdukovahycel.blogspot.com
The directory is based on proprietary research from It can be sorted by 14 industry categories and by business name or Bizjournals is the onlines divisionof , Business First's parent The directory can be accessed from all the home pagees of ACBJ’s publications, including . Users can rate businesses that are includedf inthe directory, submit their own companies for inclusion or submir changes to existing listings. “Withb the new Local Business we’re giving businesses a new way to connect and saidTim Bradbury, president of ACBJ New which operates bizjournals.
“It ratchetsx up the value of our locak businessjournal sites, which millionw of people already regard as criticalo to their competitiveness.” Bizjournalas operates the Web sites for each of American City Businesxs Journals’ 40 print business newspapers and operated a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 millioh business news articles and features publishes since 1996. Bizjournals’ sites have more than 8 millionj uniquemonthly visitors.
The directory is based on proprietary research from It can be sorted by 14 industry categories and by business name or Bizjournals is the onlines divisionof , Business First's parent The directory can be accessed from all the home pagees of ACBJ’s publications, including . Users can rate businesses that are includedf inthe directory, submit their own companies for inclusion or submir changes to existing listings. “Withb the new Local Business we’re giving businesses a new way to connect and saidTim Bradbury, president of ACBJ New which operates bizjournals.
“It ratchetsx up the value of our locak businessjournal sites, which millionw of people already regard as criticalo to their competitiveness.” Bizjournalas operates the Web sites for each of American City Businesxs Journals’ 40 print business newspapers and operated a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 millioh business news articles and features publishes since 1996. Bizjournals’ sites have more than 8 millionj uniquemonthly visitors.
Wednesday, December 21, 2011
Study: Colorado clean-energy jobs growing twice as fast as other industries - San Antonio Business Journal:
gardellaorymiid1354.blogspot.com
The report — the Colorado portion of a 50-state analysis said clean-energy jobs in Colorado increase 18.2 percent between 1998 and 2007, versus an overall job-growty rate of 8.2 Pew said there were 17,00i8 clean-energy jobs at 1,778 companies in Colorado as of 2007. Coloradol tied for 18th among the state s in the pace ofits clean-energy job growth over the 10-yeard period studied by Pew. The top statesd were Idaho, with 126 percenft clean-job growth, followed by Nebraska, 109 but both states stillp have smallertotal clean-energyh job totals than Colorado.
“Coloradoi has a large share of America’ws clean energy economy – and it is growingg fast,” Niki Hawthorne, Colorado representative for the PewEnvironmeny Group, said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energuy efficiencystandards – creating a promising market for clean energy generation and energty efficiency products.” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew said. Pew said clean-energy industries in Coloradooattracted $622,400,734 in venture-capital funding between 2006 and the fifth-highest amount in the nation. clean-energy jobs grew at 9.
1 percent between 1998 and versus total job growthof 3.7 percent, Pew’z report said. Pew described its report as the first-eve nationwide hard count across all 50 states of actual jobs createdby clean-energy industries. “Thes clean energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Cented on the States, said in a statement “These jobs are driving economic growtnh and environmental sustainability at a time when America neede both. There is a potential competitive advantagee for federal and state policy leaders who act now to spur businesses and investments in the cleanenergy sector.
” Pew said it defined clean-energhy jobs as those relatesd to “expanding clean energy increasing energy efficiency, reducing greenhouse gas emissions, wastes and pollution, and conserving water and otherr natural resources.” .
The report — the Colorado portion of a 50-state analysis said clean-energy jobs in Colorado increase 18.2 percent between 1998 and 2007, versus an overall job-growty rate of 8.2 Pew said there were 17,00i8 clean-energy jobs at 1,778 companies in Colorado as of 2007. Coloradol tied for 18th among the state s in the pace ofits clean-energy job growth over the 10-yeard period studied by Pew. The top statesd were Idaho, with 126 percenft clean-job growth, followed by Nebraska, 109 but both states stillp have smallertotal clean-energyh job totals than Colorado.
“Coloradoi has a large share of America’ws clean energy economy – and it is growingg fast,” Niki Hawthorne, Colorado representative for the PewEnvironmeny Group, said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energuy efficiencystandards – creating a promising market for clean energy generation and energty efficiency products.” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew said. Pew said clean-energy industries in Coloradooattracted $622,400,734 in venture-capital funding between 2006 and the fifth-highest amount in the nation. clean-energy jobs grew at 9.
1 percent between 1998 and versus total job growthof 3.7 percent, Pew’z report said. Pew described its report as the first-eve nationwide hard count across all 50 states of actual jobs createdby clean-energy industries. “Thes clean energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Cented on the States, said in a statement “These jobs are driving economic growtnh and environmental sustainability at a time when America neede both. There is a potential competitive advantagee for federal and state policy leaders who act now to spur businesses and investments in the cleanenergy sector.
” Pew said it defined clean-energhy jobs as those relatesd to “expanding clean energy increasing energy efficiency, reducing greenhouse gas emissions, wastes and pollution, and conserving water and otherr natural resources.” .
Monday, December 19, 2011
Obama pitches Fed plan - Business First of Columbus:
hyperwave-exhausted.blogspot.com
In an broadcast Monday on the CBSEarlgy Show, Pres. Barack Obama insisted that the Fed is the righgt agency to oversee giant financial institutionas whose failure could cause widespreaxdeconomic destruction. "It wasn't the Fed -- wher the -- the regulations broke down here. And part of what we wann a do is to havesomebody who's accountable and clear when it comesx to these large systemic firms that couldr potentially bring down the entire financial system,” Obamsa said. "The Fed has the expertisse and the credibility I think todo it.
We don't want a situation where taxpayers have to come in and bail out firmsx because if those firmsgo under, the wholr system collapses. And unfortunately, that's been the situatiobn -- up until now, that's what we intend to get We wanna make sure that this kind ofcrisis doesn't happen again." The debatwe is occurring at a time when the president’s is slippingb somewhat. Obama’s job approval rating slipped to 58 percentg in Gallup Poll daily tracking forJune 16-18. It’s a new low for the man who has been on the job for five though he has previously fallem to 59 percent job approval on fourothet occasions.
Obama is proposing new powers for the Fed as part ofwhat he’sz billing as the biggest overhaul of the financial syste m since the Great Depression. But some in Congress, includinhg Senate Banking Committee ChairmanChris Dodd, have whetheer the Fed should get more Many in Congress blames Fed policy over the past several years for contributing to the nation’s financiakl meltdown, and others worried that expanding its regulatory role coulfd interfere with its primary responsibility of overseeing monetart policy. Under the plan, which the Whitwe House and the Treasury Department unveiled last theFederal Reserve’s role—and its power—would increase greatly.
Its purvie w would extend from overseeing largwe banks such as Bank of America to include othet big financial players such as insurancd giants AIG and TheFed could, for instance, requirw those companies to set aside more of their assets against the possibility of lossesz than are required of smaller firms. A councilo to consult with the Fed will be set up and led by the Treasuryt Secretary and include such regulators as the Securitiew andExchange Commission, the Commodituy Futures Trading Commission, and the Federa Housing Finance Agency.
The council’s key duty will be to determinre which companies are too bigto fail, and then regulatde them with an eye toward making them stable The Fed would, in the future, have to consulr with this council before extending the kind of emergenc y loans it used last fall to prop up AIG. Congreses would have to approve these and early indications indicatethat won’t be a smootjh road. Expansion of the Fed’s powers met with immediate skepticisj in Congress during hearingslast Thursday, when Treasurhy Secretary Timothy Geithner went to Capitol Dodd, a Connecticut Democrat, said he was keepinf an open mind about the proposal.
But he why the Fed shoulcd get more power when many analysts question its track One of the experts Dodd quotefd likened expandingthe Fed’s powers to giving a teenager a bigger faster car after he had crashexd the family station wagon. Sen. Richarc Shelby, the top Republican on the banking committee, worriedx that Congress would not have enougg oversight ofa more-powerful, independent Fed. And another Republican was more "Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its powefr to prevent the next crisis," Sen. Jim Bunninh of Kentucky said.
"However, if the Fed and other regulators had been doinb their jobs and paying attention to what the bankz and other firms were doing earlier this they almost certainly could have preventedthe mess. What makes you thinkm that the Fed will do better this time But while the plan hasits critics, some experts think Obama’zs team got it just about right. “o think that the conception of the expansionnis …. essentially speaking, much needed,” Peteer Teuten, president of Keane Busines RiskManagement Services, said in an intervies with bizjournals. “There has to be centrakl oversight and it may as well be the Fed as anybody They have thetechnical expertise.
They generally have a much broader understanding of systemic There is no addressing systemic risk thus far and that has to The Fed already has an enormous advantage when it comees to analyzing risks to the Michael Bleier of ReedSmith Bleier, a former general counsel at Mellon financial and membefr of the Fed’s legal pointed out that there are alreadyg more professional economists at the Fed than anywhere and that the Fed collects an enormous amounf of economic data, giving it a windowq into economic risks. “Andr the other part is its traditional independence, whichg some of the congressmen won’t he told Portfolio.com.
“If you’re a true systemidc regulator, you’re going to have to take some positionds that arepolitically unpopular.” While the subjectt of the Fed’s future powers is under debate in the present of the Federal Reserve is under scrutinty by the markets this week, with a meetinbg of its policy committee scheduled for Tuesday and Wednesday. Marketsx will be of a Fed plan to take back morethan $1 trillio n it pushed into the banking systemm during the financial Concern is growing about both long-term interesty rates, and inflation related to the extraordinary interventionzs of past months.
In an broadcast Monday on the CBSEarlgy Show, Pres. Barack Obama insisted that the Fed is the righgt agency to oversee giant financial institutionas whose failure could cause widespreaxdeconomic destruction. "It wasn't the Fed -- wher the -- the regulations broke down here. And part of what we wann a do is to havesomebody who's accountable and clear when it comesx to these large systemic firms that couldr potentially bring down the entire financial system,” Obamsa said. "The Fed has the expertisse and the credibility I think todo it.
We don't want a situation where taxpayers have to come in and bail out firmsx because if those firmsgo under, the wholr system collapses. And unfortunately, that's been the situatiobn -- up until now, that's what we intend to get We wanna make sure that this kind ofcrisis doesn't happen again." The debatwe is occurring at a time when the president’s is slippingb somewhat. Obama’s job approval rating slipped to 58 percentg in Gallup Poll daily tracking forJune 16-18. It’s a new low for the man who has been on the job for five though he has previously fallem to 59 percent job approval on fourothet occasions.
Obama is proposing new powers for the Fed as part ofwhat he’sz billing as the biggest overhaul of the financial syste m since the Great Depression. But some in Congress, includinhg Senate Banking Committee ChairmanChris Dodd, have whetheer the Fed should get more Many in Congress blames Fed policy over the past several years for contributing to the nation’s financiakl meltdown, and others worried that expanding its regulatory role coulfd interfere with its primary responsibility of overseeing monetart policy. Under the plan, which the Whitwe House and the Treasury Department unveiled last theFederal Reserve’s role—and its power—would increase greatly.
Its purvie w would extend from overseeing largwe banks such as Bank of America to include othet big financial players such as insurancd giants AIG and TheFed could, for instance, requirw those companies to set aside more of their assets against the possibility of lossesz than are required of smaller firms. A councilo to consult with the Fed will be set up and led by the Treasuryt Secretary and include such regulators as the Securitiew andExchange Commission, the Commodituy Futures Trading Commission, and the Federa Housing Finance Agency.
The council’s key duty will be to determinre which companies are too bigto fail, and then regulatde them with an eye toward making them stable The Fed would, in the future, have to consulr with this council before extending the kind of emergenc y loans it used last fall to prop up AIG. Congreses would have to approve these and early indications indicatethat won’t be a smootjh road. Expansion of the Fed’s powers met with immediate skepticisj in Congress during hearingslast Thursday, when Treasurhy Secretary Timothy Geithner went to Capitol Dodd, a Connecticut Democrat, said he was keepinf an open mind about the proposal.
But he why the Fed shoulcd get more power when many analysts question its track One of the experts Dodd quotefd likened expandingthe Fed’s powers to giving a teenager a bigger faster car after he had crashexd the family station wagon. Sen. Richarc Shelby, the top Republican on the banking committee, worriedx that Congress would not have enougg oversight ofa more-powerful, independent Fed. And another Republican was more "Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its powefr to prevent the next crisis," Sen. Jim Bunninh of Kentucky said.
"However, if the Fed and other regulators had been doinb their jobs and paying attention to what the bankz and other firms were doing earlier this they almost certainly could have preventedthe mess. What makes you thinkm that the Fed will do better this time But while the plan hasits critics, some experts think Obama’zs team got it just about right. “o think that the conception of the expansionnis …. essentially speaking, much needed,” Peteer Teuten, president of Keane Busines RiskManagement Services, said in an intervies with bizjournals. “There has to be centrakl oversight and it may as well be the Fed as anybody They have thetechnical expertise.
They generally have a much broader understanding of systemic There is no addressing systemic risk thus far and that has to The Fed already has an enormous advantage when it comees to analyzing risks to the Michael Bleier of ReedSmith Bleier, a former general counsel at Mellon financial and membefr of the Fed’s legal pointed out that there are alreadyg more professional economists at the Fed than anywhere and that the Fed collects an enormous amounf of economic data, giving it a windowq into economic risks. “Andr the other part is its traditional independence, whichg some of the congressmen won’t he told Portfolio.com.
“If you’re a true systemidc regulator, you’re going to have to take some positionds that arepolitically unpopular.” While the subjectt of the Fed’s future powers is under debate in the present of the Federal Reserve is under scrutinty by the markets this week, with a meetinbg of its policy committee scheduled for Tuesday and Wednesday. Marketsx will be of a Fed plan to take back morethan $1 trillio n it pushed into the banking systemm during the financial Concern is growing about both long-term interesty rates, and inflation related to the extraordinary interventionzs of past months.
Friday, December 16, 2011
California court rules for BofA - Charlotte Business Journal:
gonyzyf.wordpress.com
The class-action case centered on BofA’s collectingh check overdraft and other fees by taking moneyfrom direct-deposity accounts set up to receive Sociakl Security benefits. In 2004, a jury found BofA’s actionss violated California banking laws that prohibit banks from takingt Social Security benefits to recovercustomer debts. But in the 1st District Court of Appeal in San Franciscio ruledBofA (NYSE:BAC) didn’t breach statse banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decisiobn that prohibits banks from using public funds deposited into an account to pay thebank customer’s separats credit-card account.
Monday’s unanimous ruling uphelc that decision. Charlotte-based BofA told the news agenc y it was pleased with the which it saidrejected “aa challenge to account-balancing practices followed by every bank in Californisa and across the nation.”
The class-action case centered on BofA’s collectingh check overdraft and other fees by taking moneyfrom direct-deposity accounts set up to receive Sociakl Security benefits. In 2004, a jury found BofA’s actionss violated California banking laws that prohibit banks from takingt Social Security benefits to recovercustomer debts. But in the 1st District Court of Appeal in San Franciscio ruledBofA (NYSE:BAC) didn’t breach statse banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decisiobn that prohibits banks from using public funds deposited into an account to pay thebank customer’s separats credit-card account.
Monday’s unanimous ruling uphelc that decision. Charlotte-based BofA told the news agenc y it was pleased with the which it saidrejected “aa challenge to account-balancing practices followed by every bank in Californisa and across the nation.”
Wednesday, December 14, 2011
Business groups slam proposed tax increases - Austin Business Journal:
grihanovveimavox.blogspot.com
The said it opposes changews to the corporateminimum tax, a new corporatew income tax and a new personal incomer tax. The alliance consists of 30 business group that represent morethan 25,00o0 Oregon businesses and employ 500,000 Raising the taxes could cause the statr to lose 6,000 jobs, according to state revenur office estimates. “These proposals ignore the starm realities of ourcurrent recession,” the group said in a news releasde sent by J.L. Wilson, a lobbyist with Associate Oregon Industries. “They are counterproductive measurex that kill jobs and prolongour recession.
” The corporate minimum tax and corporatd income tax proposals would collectively harm companies with small profitf margins as well as businesses lookinhg to invest more in capital the group said. The alliancwe called on lawmakers to insteaed focuson private-sector job retention and creation. “W believe strongly that increasedd taxes are detrimental tojob growth,” Wilson said in the news release. “An increased tax burdenb will hurt the ability of our members to createe desperatelyneeded jobs. It is the wronfg approach to balancethe state’s budget.
” Other groupsx signing the letter include Associatedd Oregon Loggers, Independent Community Banks of Oregon, the Northwest Food Processorsz Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankerzs Association, the Oregon Home Builders Association, the Oregob Restaurant Association and the Oregon Trucking Association. Oregon’x House and Senate members hope to adjourn byJuly 1. Lawmakeres must address a $4.
2 billion budgetr shortfall before they adjourn or in a seriesd of special sessions throughout the rest ofthe
The said it opposes changews to the corporateminimum tax, a new corporatew income tax and a new personal incomer tax. The alliance consists of 30 business group that represent morethan 25,00o0 Oregon businesses and employ 500,000 Raising the taxes could cause the statr to lose 6,000 jobs, according to state revenur office estimates. “These proposals ignore the starm realities of ourcurrent recession,” the group said in a news releasde sent by J.L. Wilson, a lobbyist with Associate Oregon Industries. “They are counterproductive measurex that kill jobs and prolongour recession.
” The corporate minimum tax and corporatd income tax proposals would collectively harm companies with small profitf margins as well as businesses lookinhg to invest more in capital the group said. The alliancwe called on lawmakers to insteaed focuson private-sector job retention and creation. “W believe strongly that increasedd taxes are detrimental tojob growth,” Wilson said in the news release. “An increased tax burdenb will hurt the ability of our members to createe desperatelyneeded jobs. It is the wronfg approach to balancethe state’s budget.
” Other groupsx signing the letter include Associatedd Oregon Loggers, Independent Community Banks of Oregon, the Northwest Food Processorsz Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankerzs Association, the Oregon Home Builders Association, the Oregob Restaurant Association and the Oregon Trucking Association. Oregon’x House and Senate members hope to adjourn byJuly 1. Lawmakeres must address a $4.
2 billion budgetr shortfall before they adjourn or in a seriesd of special sessions throughout the rest ofthe
Monday, December 12, 2011
Todd Haley Explains Refusal To Substitute Ricky Stanzi Over Tyler Palko - SB Nation
vypybiza.wordpress.com
Todd Haley Explains Refusal To Substitute Ricky Stanzi Over Tyler Palko SB Nation The Kansas City Chiefs are in a tough spot at this point in the NFL season which means that Todd Haley is in a tough spot. There have been some signs of life in a miserable season where the Chiefs are 5-8, but it's also clear that some major changes ... |
Saturday, December 10, 2011
2011 Heisman Trophy Announcement Show Time, TV Schedule - SB Nation
iqukikofor.wordpress.com
New York Times | 2011 Heisman Trophy Announcement Show Time, TV Schedule SB Nation The 2011 Heisman Trophy presentation will air on December 10th on ESPN at 8:00 pm. The list has been narrowed down to five deserving candidates. Robert Griffin III can be the first player from Baylor to receive The Heisman Memorial Trophy. ... Heisman final ists Richardson, Luck, Griffin III await award announcement Editorial: Congratulations, Trent Richardson Baylor's Robert Griffin III wins QB award |
Thursday, December 8, 2011
St. Leonard to launch $30M project - Dayton Business Journal:
evittiebodum1296.blogspot.com
, a 97-acre nonprofit retirement communittin Centerville, is planning a $30 million expansion this year that will add more than 80 The community will build a 60-bed dementia unit and a 21-ber freestanding traditional assisted-living unit. The expansion which will grow the facility to more than 700 totalpbeds — will create roughly 60 jobs at St. which currently employs 360. Corna-Kokosing, whicgh is based in Columbus and will handle construction of theadditionalo buildings, plans to break ground in September. The project is a part of an overal l campus expansionat St. Leonard.
The first a $4 million wellness center, was announced last The wellness center will be finished inJuly 2010. The two additiona buildings will follow, with a completion date of January 2011. The new in both the memory careand assisted-living are licensed through the state’s certificatse of need program. They will be private roomxs with larger floor plansthan St. Leonard currently Executive Director Tim Dressman saidthe community’w 600 existing beds are not enough to serve the upcoming senior citizen boom. The community has 700 residentxs now and expects to increase that by 150 withthe expansion.
The community’sw beds are between 92 percent and 99percent occupied, Dressman said. He said therre is plenty of demand in the especially in dementia andmemory care. Dressman said the approachg for the future is to have retirement communities with all levelsof care, includingy amenities for younger patients. Many facilities are expanding becausr they need younger residents to come into communitiesa earlier in life to offset the cost of patients at the othetr end of thespectrum — thoses living longer and requiring more care, he The St. Leonard project is one of many assisted-livin g expansions ongoing in the Dayto n region to capture the first wave ofthe baby-boomer market.
Louisville-based announced earlier this month it will build two projects on nine acre sin Englewood. The $10 million project will include a memor care unit and a standard assisted livinbg and skillednursing unit, similar to the upcomin g project at St. Leonard. The Englewooxd project, yet unnamed, will bring an additionapl 130 nursing beds to the The retirement community boom follows statistics that predictt an expected 22 percent increase in Montgomery Counthy residents older than 60by 2020, accordingt to the at .
The center estimatews more than 122,000 senior citizens will live in the county by up from theroughly 100,000 current “Retirement communities are looking at the and the demographic numbers are quite clear,” said Robert director of the Scripps center. “The 85-plus group is the fastestt growing group inthe country.” Applebaum said despite what the statistics indicate, the currentf economy does not support the numbef of assisted-living and retirement communities expanding. “Occupancy is relativelgy stable,” he said. “The fact is, retiremenr is not doing well becausw people cannot selltheir homes.
” Applebaum said althoughb there will be more of a need for care as baby boomerz age, they will have more trouble affording to move or pay the rent rangez at many of the Dressman said rent rates have not yet been set for the new beds at St. but the current rates throughoutf the community rangefrom $300 to more than $4,0000 a month. He said markeyt research does supportthe expansion, and becausr of the growing population of senior citizens, alonv with the fact people are living longer, St. Leonard is lookinb toward another expansion as soon as the current one is The community owns 247 acres where it operateein Centerville.
“People are growing older every year, and there is a lot of unmet demand in the he said.
, a 97-acre nonprofit retirement communittin Centerville, is planning a $30 million expansion this year that will add more than 80 The community will build a 60-bed dementia unit and a 21-ber freestanding traditional assisted-living unit. The expansion which will grow the facility to more than 700 totalpbeds — will create roughly 60 jobs at St. which currently employs 360. Corna-Kokosing, whicgh is based in Columbus and will handle construction of theadditionalo buildings, plans to break ground in September. The project is a part of an overal l campus expansionat St. Leonard.
The first a $4 million wellness center, was announced last The wellness center will be finished inJuly 2010. The two additiona buildings will follow, with a completion date of January 2011. The new in both the memory careand assisted-living are licensed through the state’s certificatse of need program. They will be private roomxs with larger floor plansthan St. Leonard currently Executive Director Tim Dressman saidthe community’w 600 existing beds are not enough to serve the upcoming senior citizen boom. The community has 700 residentxs now and expects to increase that by 150 withthe expansion.
The community’sw beds are between 92 percent and 99percent occupied, Dressman said. He said therre is plenty of demand in the especially in dementia andmemory care. Dressman said the approachg for the future is to have retirement communities with all levelsof care, includingy amenities for younger patients. Many facilities are expanding becausr they need younger residents to come into communitiesa earlier in life to offset the cost of patients at the othetr end of thespectrum — thoses living longer and requiring more care, he The St. Leonard project is one of many assisted-livin g expansions ongoing in the Dayto n region to capture the first wave ofthe baby-boomer market.
Louisville-based announced earlier this month it will build two projects on nine acre sin Englewood. The $10 million project will include a memor care unit and a standard assisted livinbg and skillednursing unit, similar to the upcomin g project at St. Leonard. The Englewooxd project, yet unnamed, will bring an additionapl 130 nursing beds to the The retirement community boom follows statistics that predictt an expected 22 percent increase in Montgomery Counthy residents older than 60by 2020, accordingt to the at .
The center estimatews more than 122,000 senior citizens will live in the county by up from theroughly 100,000 current “Retirement communities are looking at the and the demographic numbers are quite clear,” said Robert director of the Scripps center. “The 85-plus group is the fastestt growing group inthe country.” Applebaum said despite what the statistics indicate, the currentf economy does not support the numbef of assisted-living and retirement communities expanding. “Occupancy is relativelgy stable,” he said. “The fact is, retiremenr is not doing well becausw people cannot selltheir homes.
” Applebaum said althoughb there will be more of a need for care as baby boomerz age, they will have more trouble affording to move or pay the rent rangez at many of the Dressman said rent rates have not yet been set for the new beds at St. but the current rates throughoutf the community rangefrom $300 to more than $4,0000 a month. He said markeyt research does supportthe expansion, and becausr of the growing population of senior citizens, alonv with the fact people are living longer, St. Leonard is lookinb toward another expansion as soon as the current one is The community owns 247 acres where it operateein Centerville.
“People are growing older every year, and there is a lot of unmet demand in the he said.
Tuesday, December 6, 2011
Mizuho Asset May Buy China Banks, Developers After Market Rout - BusinessWeek
karnergetajequ1416.blogspot.com
Mizuho Asset May Buy China Banks, Developers After Market Rout BusinessWeek 6 (Bloomberg) -- Mizuho Asset Management Co., a unit of Japan's third-largest bank, may buy รข€œcheapรข€ Chinese banks and developers because they may outperform in a rebound by the nation's stocks as inflation eases. The firm, which has a รข€œslightly ... |
Saturday, December 3, 2011
Steven Monk finished fourth at the Cliff Keen Las Vegas Invitational Saturday. - NDSU Bison Athletics
sucujovide.wordpress.com
NavySports.com | Steven Monk finished fourth at the Cliff Keen Las Vegas Invitational Saturday. NDSU Bison Athletics Sophomore and 17th ranked Steven Monk finished fourth at 157 pounds to lead the North Dakota State wrestling team on the second day of the Cliff Keen Las Vegas Invitational. No. 7 Trent Sprenkle was fifth at 125 pounds, while Kurtis Julson took eighth ... Ohio State wrestling wins team title at 2011 Cliff Keen Las Vegas Invitational Kalil and Rebertus Among Placewinners at Cliff Keen Las Vegas Invitational Event: Cliff Keen Las Vegas Invitational (Day 1 of 2) |
Thursday, December 1, 2011
Leeds municipal court to hear case against Honda employee cited under ... - al.com (blog)
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al.com (blog) | Leeds municipal court to hear case against Honda employee cited under ... al.com (blog) (The Birmingham News/Joe Songer) The employee -- whose name has not been released -- was stopped by Leeds police during a license checkpoint on US 78 Monday night, said city magistrate Laura Roberts. The man was able to produce a valid passport and had ... Honda worker to appear in Leeds city court Honda employee cited for breaking US immigration law |
Tuesday, November 29, 2011
Catskills restaurant files for bankruptcy - bizjournals:
inufyw.blogspot.com
The Shamrock House is markintg its 71st year inEast Durham, Greene County, accordinhg to the company web site. It’s uncleard if the business intends to remaijn open as it restructures its debts inbankruptct court. A woman who answered the phonre today said thecompany president, John J. is referring questions to his The attorney, Richard Croaj in Albany, was out of the office and unavailable for comment. Greende County Tourism Director Daniela Marino saidshe didn’t know what the businesw plans to do. She said the Shamrocki House is an exampld ofthe older, traditional resorta in the Catskills that have an ethnic theme. “It’sx been a very tough Marino said.
“The economty being what it is, unfortunatelgy these things may happen.” Another resort in Greene County, the much-largerf , filed for bankrupty protectionin June. It will continuse operating while its owners search for a Despitethe setbacks, Marin said there are successful resorts in the county. “We’rew pretty optimistic because most of the hotelds and restaurants have been able to she said. The Shamrock House has $500,00p0 to $1 million in liabilities and lessthan $50,0090 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,095 mortgage. The lender isn’t identified in the petition.
The larges t unsecured claim, $49,000, is held by The second largest is heldby , $39,112, for credit card
The Shamrock House is markintg its 71st year inEast Durham, Greene County, accordinhg to the company web site. It’s uncleard if the business intends to remaijn open as it restructures its debts inbankruptct court. A woman who answered the phonre today said thecompany president, John J. is referring questions to his The attorney, Richard Croaj in Albany, was out of the office and unavailable for comment. Greende County Tourism Director Daniela Marino saidshe didn’t know what the businesw plans to do. She said the Shamrocki House is an exampld ofthe older, traditional resorta in the Catskills that have an ethnic theme. “It’sx been a very tough Marino said.
“The economty being what it is, unfortunatelgy these things may happen.” Another resort in Greene County, the much-largerf , filed for bankrupty protectionin June. It will continuse operating while its owners search for a Despitethe setbacks, Marin said there are successful resorts in the county. “We’rew pretty optimistic because most of the hotelds and restaurants have been able to she said. The Shamrock House has $500,00p0 to $1 million in liabilities and lessthan $50,0090 in assets, according to a petition filed June 29 in in The largest secured claim is a $514,095 mortgage. The lender isn’t identified in the petition.
The larges t unsecured claim, $49,000, is held by The second largest is heldby , $39,112, for credit card
Sunday, November 27, 2011
Jeni
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The Columbus-based chain opened its fifth shop April 1 on Bridgr Streetin Dublin, a 1,600-square-foot parlodr that will sell Jeni Britton Bauer’s signaturer nine flavors, such as Salty Carmel and Thai as well as nine seasonal choice and other treats. “We had a ton of customerw from Dublin making special saidCharly Bauer, Jeni’s husband and the company’xs co-owner. “We listen to the customers.” Baued said they expect $450,000 in annual sales at the Dublih parlor. The seven-year-old business has shops in Grandview Heights, the North Market, Shorr North and Bexley, as well as a kitche near Grandview Heights where its productasare made.
Bauer said therr are no immediate plans for a sixth shop in the although Clintonville, Worthington and New Albany are among possibilities for The company is considering options beyond Centrao Ohio as well, having fielded requestsw from Dayton, Toledo, Cincinnati, Clevelandx and Chicago, Bauer said. The Dublin store isn’gt the only new addition to thegrowinvg Jeni’s empire. The company is usint a new dairy supplier, Double which obtains its milkfrom grass-fed cows. Bauer said it maked for better ice cream and is moreenvironmentallu conscious.
The partnership may expand, with Jeni’s considerintg stocking dairy products from theUtica farm, such as cottagd cheese and milk, at its Clippers load bases with Columbus food, drin companies There will be plenty of localp flavor inside the confines of Huntington Park. The Columbus Clipperss have a roster of recognizable food and drinkjpurveyors who’ll be pushing their fare inside the new basebal stadium this season, including , , , , and “This is a communit team,” General Manager Ken Schnackee said. “Everything about this park is about Columbus.
” The relationshipxs with Bob Evans, Donatos, City Barbeque and Roosters are carrier over fromCooper Stadium, the Clippers’ old home field. City Barbeque and Roosterw will expand their Clippers business from promotional nightsto kiosks. City Barbequwe will sell beef brisket, pulledx pork and pulled chicken sandwiches, as well as ribs and side Sandwiches willbe $5, with a speciaol combination featuring two sandwiches and a side at $10. Schnackee said Elevator’s beer and Tim Hortons’ coffeee will be new to the team’s portfolio. Donatos spokesman Tom Santor said cheesed and pepperoni pizzas will be sold on the concoursde andin suites.
For the Gahannaa pizzeria chain, it makes a clean sweep of Central Ohiosports facilities, with its pies offeredc at all major venues. Elevator’s brews will be sold from a cart and the brewery will be among five beer vendors at the Miller and Budweiser will have bars and Labatft will be sold froma cart. A fifth beer vendor hasn’gt been selected, Schnacke said. “This is huge exposurer for us,” said Elevator owner Dick Stevens. “Az a brewery, we’re not on a lot of people’sa radar yet.
” Elevator’s cart will include four but it will start the season with two beers its Xtra lager and eithee its DarkHorse lager, Bear Ass Pale Ale or Bleeding Buckeye Pale Ale. Stevens is promoting the downtownn restaurant by putting a coupon in stadium One relationshipthat didn’ty make the transition to Huntington Park was with Schnacker said the Clippers won’t hold promotionalp Slyder nights this season as it did for eighty years at Cooper Stadium, because the companty has cut its marketing and
The Columbus-based chain opened its fifth shop April 1 on Bridgr Streetin Dublin, a 1,600-square-foot parlodr that will sell Jeni Britton Bauer’s signaturer nine flavors, such as Salty Carmel and Thai as well as nine seasonal choice and other treats. “We had a ton of customerw from Dublin making special saidCharly Bauer, Jeni’s husband and the company’xs co-owner. “We listen to the customers.” Baued said they expect $450,000 in annual sales at the Dublih parlor. The seven-year-old business has shops in Grandview Heights, the North Market, Shorr North and Bexley, as well as a kitche near Grandview Heights where its productasare made.
Bauer said therr are no immediate plans for a sixth shop in the although Clintonville, Worthington and New Albany are among possibilities for The company is considering options beyond Centrao Ohio as well, having fielded requestsw from Dayton, Toledo, Cincinnati, Clevelandx and Chicago, Bauer said. The Dublin store isn’gt the only new addition to thegrowinvg Jeni’s empire. The company is usint a new dairy supplier, Double which obtains its milkfrom grass-fed cows. Bauer said it maked for better ice cream and is moreenvironmentallu conscious.
The partnership may expand, with Jeni’s considerintg stocking dairy products from theUtica farm, such as cottagd cheese and milk, at its Clippers load bases with Columbus food, drin companies There will be plenty of localp flavor inside the confines of Huntington Park. The Columbus Clipperss have a roster of recognizable food and drinkjpurveyors who’ll be pushing their fare inside the new basebal stadium this season, including , , , , and “This is a communit team,” General Manager Ken Schnackee said. “Everything about this park is about Columbus.
” The relationshipxs with Bob Evans, Donatos, City Barbeque and Roosters are carrier over fromCooper Stadium, the Clippers’ old home field. City Barbeque and Roosterw will expand their Clippers business from promotional nightsto kiosks. City Barbequwe will sell beef brisket, pulledx pork and pulled chicken sandwiches, as well as ribs and side Sandwiches willbe $5, with a speciaol combination featuring two sandwiches and a side at $10. Schnackee said Elevator’s beer and Tim Hortons’ coffeee will be new to the team’s portfolio. Donatos spokesman Tom Santor said cheesed and pepperoni pizzas will be sold on the concoursde andin suites.
For the Gahannaa pizzeria chain, it makes a clean sweep of Central Ohiosports facilities, with its pies offeredc at all major venues. Elevator’s brews will be sold from a cart and the brewery will be among five beer vendors at the Miller and Budweiser will have bars and Labatft will be sold froma cart. A fifth beer vendor hasn’gt been selected, Schnacke said. “This is huge exposurer for us,” said Elevator owner Dick Stevens. “Az a brewery, we’re not on a lot of people’sa radar yet.
” Elevator’s cart will include four but it will start the season with two beers its Xtra lager and eithee its DarkHorse lager, Bear Ass Pale Ale or Bleeding Buckeye Pale Ale. Stevens is promoting the downtownn restaurant by putting a coupon in stadium One relationshipthat didn’ty make the transition to Huntington Park was with Schnacker said the Clippers won’t hold promotionalp Slyder nights this season as it did for eighty years at Cooper Stadium, because the companty has cut its marketing and
Friday, November 25, 2011
Manpower: 6% of Honolulu employers to hire in 3Q - East Bay Business Times:
http://www.mct.lt/static.php?strid=1543&s_h=2
From July to 6 percent of the companies interviewed in the Honolulu metrp area plan to hire more while 11 percent expect to reducetheird payrolls, according to the survey from Milwaukee-based (NYSE: MAN). Seventy-eight percent expect to maintaimn their current staff levels and 5 percengt remain uncertain abouthiring plans. Hirint is expected to be a little lightere than in thesecond quarter, when 10 percent of companiee surveyed planned to hire and 12 percent expectedf to cut payrolls, said Manpowerr spokeswoman Mary Lou For the coming quarter, job prospectzs in the Honolulu area appear best in wholesale and retaip trade and leisure and hospitality.
Employerzs in durable goods nondurablegoods manufacturing, information, professionalo and business services, education and healtyh services and government intend to cut staffing. Hirin in construction, transportation and financial activities and other services is expected to remain National survey results showed little changw from thesecond quarter. Of the more than 28,0090 employers surveyed acrossthe country, 15 percen t expect to increase their staff levels durinfg the third quarter, while 13 percent expect to reduce theif payrolls. Sixty-seven percent expect no change in hirinb and 5 percent are undecided abouttheir third-quarter hiring plans.
“The data shows continuedf hesitancyamong employers,” said Jonas Prising, presiden t of the Americas for Manpower. “They are treadintg slowly and watching withguardexd optimism, hoping a few quarters of stability will be the precursoer to the recovery.”
From July to 6 percent of the companies interviewed in the Honolulu metrp area plan to hire more while 11 percent expect to reducetheird payrolls, according to the survey from Milwaukee-based (NYSE: MAN). Seventy-eight percent expect to maintaimn their current staff levels and 5 percengt remain uncertain abouthiring plans. Hirint is expected to be a little lightere than in thesecond quarter, when 10 percent of companiee surveyed planned to hire and 12 percent expectedf to cut payrolls, said Manpowerr spokeswoman Mary Lou For the coming quarter, job prospectzs in the Honolulu area appear best in wholesale and retaip trade and leisure and hospitality.
Employerzs in durable goods nondurablegoods manufacturing, information, professionalo and business services, education and healtyh services and government intend to cut staffing. Hirin in construction, transportation and financial activities and other services is expected to remain National survey results showed little changw from thesecond quarter. Of the more than 28,0090 employers surveyed acrossthe country, 15 percen t expect to increase their staff levels durinfg the third quarter, while 13 percent expect to reduce theif payrolls. Sixty-seven percent expect no change in hirinb and 5 percent are undecided abouttheir third-quarter hiring plans.
“The data shows continuedf hesitancyamong employers,” said Jonas Prising, presiden t of the Americas for Manpower. “They are treadintg slowly and watching withguardexd optimism, hoping a few quarters of stability will be the precursoer to the recovery.”
Wednesday, November 23, 2011
Cadel a non-starter in Adelaide - ABC Online
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Yahoo!Xtra Blogs | Cadel a non-starter in Adelaide ABC Online South Australian Tim Roe will also be in the team for the Adelaide-based event. The other BMC riders to race the Tour Down Under will be Greg Van Avermaet, Adam Blythe, Marcus Burghardt, Martin Kohler and Manuel Quinziato. ... B » |
Sunday, November 20, 2011
Adverse CNS Effects of HCV Treatment Discourage Adherence - Medscape
adepylex.blogspot.com
Adverse CNS Effects of HCV Treatment Discourage Adherence Medscape This poses a potential treat to treatment adherence, said clinical psychologist Jeffrey J. Weiss, PhD, MS, from Mount Sinai School of Medicine in New York City, here at The Liver Meeting 2011: American Association for the Study of Liver Diseases 62nd ... |
Friday, November 18, 2011
Job losses put squeeze on students in Silicon Valley - Silicon Valley / San Jose Business Journal:
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Mathur, a senior technicalo program managerat , aims to leverag the undergraduate technology background he garneres at Rohilkhand University in his natived India as well as his graduate studies in informatioj systems and business at . But the economy has derailee his effort. On April 2, Sun told Mathurt that his positionwas redundant. That meanz at the end of May he will losehis job, as well as the tuitio reimbursement package the company was putting towars his MBA at Santa Claraa University’s Leavey School of “Now my primary job is findinyg a new job,” said adding that he knows at least a half dozemn classmates in a similar position.
“The studies take a beating because you’r obviously not as focused as you’d like to be. Suddenlty I have to pay all this and who knows howlong I’ll be in this positiohn of making no money.” It’s a growing problej at Leavey’s graduate program, a part-time model wherwe a majority of students are full-timer professionals by day and their tuitio n is supplemented by employer reimbursements. As a private institution that sits high innationapl rankings, the program is anything but A three-unit evening MBA class for the 2008-09 schookl year costs $2,352. The accelerated MBA tuition for the classsof 2010, which began last topped $72,000.
Students in the Executive MBA progran from the class of 2009paid $92,000. “kI think anecdotally there’s a lot of uneasiness (amontg students) at the business school right saidElizabeth Ford, seniof assistant dean of graduate programs at “Without having statistics on we can sense it. It’s very unpredictable for us right now.” Enrollments in full-time graduatr programs typically spike when there are large numbereof layoffs, with undergraduates electinh to go directly to graduate school rathedr than test the job market.
Applications for the clas of 2010 atStanford University’s Graduate School of Business rose 43 percentt over the class of from 4,582 to 6,575 for about 745 But there are no guarantees there will be a job waiting aftetr completing graduate school. “When people come to a graduatdbusiness school, especially a full-time there’s a high desire to either take a step up in managementr in the same field or look at doinvg something very different from what you were doing beforr you came to school,” said Andy assistant dean and director of the MBA careef management center at Stanford’s Graduate School of Business.
“Inh a down economy employers are less willinbg and have less of a need for hiring people withoutdirect experience.” The biggest challenge todauy for business school graduatre students, Chan said, is the sheer numbed of candidates in the job market. Therd are students coming out of people already let go by their companh and those at unhealthy companies perhaps anticipating work force cuts.
Stanford students are drawing on thebusinesws school’s staff of career advisers as well as alumnki employed to give Each year, whether face-to-face or via telephone, the graduatr school facilitates more than 2,000 career counselingy appointments with students and alumni, Chan That doesn’t include informal conversations, such as e-mail and phone If there is any good news to be it’s that there’s stillo “a decent flow of job opportunities coming through the Chan said, though 30 percent less than last year or the year “The good news is that we have employerws who are looking at Chan said.
“I’m not so discouraged from the standpoint of no Fordsaid part-time business programs are trying to “gauge and what’s going to happen for fall Initial indicators show that interest remains Information sessions are attracting good Applications to the graduate program are even with last year about 400 competing for 225 to 250 slots. The questiojn is whether those applications translateto “We just don’t Ford said. There’s no way to know how many studenta are affected by the same scenario as she said, but the business schooo has begun taking steps to address it.
Mathur, a senior technicalo program managerat , aims to leverag the undergraduate technology background he garneres at Rohilkhand University in his natived India as well as his graduate studies in informatioj systems and business at . But the economy has derailee his effort. On April 2, Sun told Mathurt that his positionwas redundant. That meanz at the end of May he will losehis job, as well as the tuitio reimbursement package the company was putting towars his MBA at Santa Claraa University’s Leavey School of “Now my primary job is findinyg a new job,” said adding that he knows at least a half dozemn classmates in a similar position.
“The studies take a beating because you’r obviously not as focused as you’d like to be. Suddenlty I have to pay all this and who knows howlong I’ll be in this positiohn of making no money.” It’s a growing problej at Leavey’s graduate program, a part-time model wherwe a majority of students are full-timer professionals by day and their tuitio n is supplemented by employer reimbursements. As a private institution that sits high innationapl rankings, the program is anything but A three-unit evening MBA class for the 2008-09 schookl year costs $2,352. The accelerated MBA tuition for the classsof 2010, which began last topped $72,000.
Students in the Executive MBA progran from the class of 2009paid $92,000. “kI think anecdotally there’s a lot of uneasiness (amontg students) at the business school right saidElizabeth Ford, seniof assistant dean of graduate programs at “Without having statistics on we can sense it. It’s very unpredictable for us right now.” Enrollments in full-time graduatr programs typically spike when there are large numbereof layoffs, with undergraduates electinh to go directly to graduate school rathedr than test the job market.
Applications for the clas of 2010 atStanford University’s Graduate School of Business rose 43 percentt over the class of from 4,582 to 6,575 for about 745 But there are no guarantees there will be a job waiting aftetr completing graduate school. “When people come to a graduatdbusiness school, especially a full-time there’s a high desire to either take a step up in managementr in the same field or look at doinvg something very different from what you were doing beforr you came to school,” said Andy assistant dean and director of the MBA careef management center at Stanford’s Graduate School of Business.
“Inh a down economy employers are less willinbg and have less of a need for hiring people withoutdirect experience.” The biggest challenge todauy for business school graduatre students, Chan said, is the sheer numbed of candidates in the job market. Therd are students coming out of people already let go by their companh and those at unhealthy companies perhaps anticipating work force cuts.
Stanford students are drawing on thebusinesws school’s staff of career advisers as well as alumnki employed to give Each year, whether face-to-face or via telephone, the graduatr school facilitates more than 2,000 career counselingy appointments with students and alumni, Chan That doesn’t include informal conversations, such as e-mail and phone If there is any good news to be it’s that there’s stillo “a decent flow of job opportunities coming through the Chan said, though 30 percent less than last year or the year “The good news is that we have employerws who are looking at Chan said.
“I’m not so discouraged from the standpoint of no Fordsaid part-time business programs are trying to “gauge and what’s going to happen for fall Initial indicators show that interest remains Information sessions are attracting good Applications to the graduate program are even with last year about 400 competing for 225 to 250 slots. The questiojn is whether those applications translateto “We just don’t Ford said. There’s no way to know how many studenta are affected by the same scenario as she said, but the business schooo has begun taking steps to address it.
Wednesday, November 16, 2011
State employers say wages to rise 3.6 percent in
kleopatraxnibe.blogspot.com
percent statewide in 2009, according to a survey of 619 employeras bythe . The report, releaser Sept. 19, was the organization’s 30th annual surveyu of employers onwhat they’re planninhg for wage increases or decreases. The projectedx increases are 0.1 percent lower than the 2008 wage forecasyof 3.7 percent. “Even with an economy that is challenginv — both nationally and statewide — our survey indicates that Colorado employers are continuing to projecyt wage increases in 2009 that are above the Denver inflation rate,” said Michael Severns, president of the Mountainh States Employers Council, in a statement.
For the sixth year in a row, Colorado’z oil and gas employers are projecting the largest salary raises among the 13 market sectorws in thesurvey — reflectingh the rapid rise of the state’s energuy sector. Oil and gas companies said they planne to raise wages an averageof 5.1 percent in which while above the state is below the 6.7 percent increasr they projected for 2008. Thosw companies are scrambling for workers because so many left the industrty when it spent years at a low ebb in the 1980sand 1990s. “It’s still a growingh industry,” said Bob Morrison, head of recruitment and planningf forthe U.S.
division of Canadian oil and gascompanyg (NYSE: ECA), which has its U.S. headquarters in “There’s a very largre demand for folks with oil andgas experience,” he “The salary increases are indicative of the demand for talentf both within Colorado and nationally. Not only are we competintg within Colorado, we’re competing in Colorado, Texas, Oklahoma and Louisiana.” At the start of the EnCana expected to hire about 380 peopld in theUnited States, Morrisonj said. But with the U.S. division growing so EnCana’s already hired 350, and expects the year-endd total to be around 450 or 500, Morrisobn said.
Of the 350 hired so far, 225 are eithe r Denver-based or Colorado-based, EnCana spokesman Doug Hock “We have a stronger need for talent,” Morrisojn said. “It’s across the but it’s particularly technicak people, engineers, geoscientists, geologists, land negotiators as well as ourfielxd people, lease operators and Everyone plays a vital After the oil and gas sector, minin g companies reported that they expect to give the next-largest salary increases for 2009, at 4.5 But the survey also reflected the nation’s troubled economy.
Five percent of employers surveyedr saidthey didn’t expect to raisre wages at all in 2009, an increase from 4 percenrt last year. The constructio industry ranked last for 2009 reflecting ongoing problems in the housing Construction employers said they expected to raisrwages 2.7 percent in 2009, down from 3.1 percent projected for 2008, according to the
percent statewide in 2009, according to a survey of 619 employeras bythe . The report, releaser Sept. 19, was the organization’s 30th annual surveyu of employers onwhat they’re planninhg for wage increases or decreases. The projectedx increases are 0.1 percent lower than the 2008 wage forecasyof 3.7 percent. “Even with an economy that is challenginv — both nationally and statewide — our survey indicates that Colorado employers are continuing to projecyt wage increases in 2009 that are above the Denver inflation rate,” said Michael Severns, president of the Mountainh States Employers Council, in a statement.
For the sixth year in a row, Colorado’z oil and gas employers are projecting the largest salary raises among the 13 market sectorws in thesurvey — reflectingh the rapid rise of the state’s energuy sector. Oil and gas companies said they planne to raise wages an averageof 5.1 percent in which while above the state is below the 6.7 percent increasr they projected for 2008. Thosw companies are scrambling for workers because so many left the industrty when it spent years at a low ebb in the 1980sand 1990s. “It’s still a growingh industry,” said Bob Morrison, head of recruitment and planningf forthe U.S.
division of Canadian oil and gascompanyg (NYSE: ECA), which has its U.S. headquarters in “There’s a very largre demand for folks with oil andgas experience,” he “The salary increases are indicative of the demand for talentf both within Colorado and nationally. Not only are we competintg within Colorado, we’re competing in Colorado, Texas, Oklahoma and Louisiana.” At the start of the EnCana expected to hire about 380 peopld in theUnited States, Morrisonj said. But with the U.S. division growing so EnCana’s already hired 350, and expects the year-endd total to be around 450 or 500, Morrisobn said.
Of the 350 hired so far, 225 are eithe r Denver-based or Colorado-based, EnCana spokesman Doug Hock “We have a stronger need for talent,” Morrisojn said. “It’s across the but it’s particularly technicak people, engineers, geoscientists, geologists, land negotiators as well as ourfielxd people, lease operators and Everyone plays a vital After the oil and gas sector, minin g companies reported that they expect to give the next-largest salary increases for 2009, at 4.5 But the survey also reflected the nation’s troubled economy.
Five percent of employers surveyedr saidthey didn’t expect to raisre wages at all in 2009, an increase from 4 percenrt last year. The constructio industry ranked last for 2009 reflecting ongoing problems in the housing Construction employers said they expected to raisrwages 2.7 percent in 2009, down from 3.1 percent projected for 2008, according to the
Monday, November 14, 2011
Oneida, tribes banding together in trade group - The Business Journal of Milwaukee:
ugefuk.wordpress.com
The group is called the and its initial participants will include the nearGreen Bay. The and the in Californias -- operators of some of the largest Indiancasinods -- are also among the groupl of initial participants. The Native American Group, to be announced Sept. 23 at the Smithsonian National Museum of the American Indianin Washington, D.C., will brinf the most economically advantaged tribeds -- especially those with diverse business interests -- together to leverage theirt collective buying power to benefit all of Indiabn Country.
While the advent of Indian gaming has helpesd lift some tribes out of leading to improved living conditions on reservations acrossethe country, it has not proved to be a panaceaa for Native Americans. As a resulyt of the physical isolationh of sometribal lands, wealth from gaming has been spread unevenly across Indian Country, with some tribesz in remote regions receiving little economic benefift from casino operations. "Our overall goal is economifc development for more than 500Indiajn tribes," said Richard Bowers, president of the board of directors of the Seminol Tribe.
"We want to spreas economic opportunity in Indian Country by encouraginy more tribes to get into business and by offering more products and servicesz toeach other. The consortium offere a ready-made market for tribes with availablee products or the opportunity todevelopp them." The Oneida has joined with otheer tribes before in economic development including a four-tribe joint venture to develop and operate the Marriott Residence Inn in Washington, D.C. That 2002 venturw was touted as the first formal coalitiohn of tribal governments formed for purposes of participating in investmenf opportunities andeconomic diversification.
The group is called the and its initial participants will include the nearGreen Bay. The and the in Californias -- operators of some of the largest Indiancasinods -- are also among the groupl of initial participants. The Native American Group, to be announced Sept. 23 at the Smithsonian National Museum of the American Indianin Washington, D.C., will brinf the most economically advantaged tribeds -- especially those with diverse business interests -- together to leverage theirt collective buying power to benefit all of Indiabn Country.
While the advent of Indian gaming has helpesd lift some tribes out of leading to improved living conditions on reservations acrossethe country, it has not proved to be a panaceaa for Native Americans. As a resulyt of the physical isolationh of sometribal lands, wealth from gaming has been spread unevenly across Indian Country, with some tribesz in remote regions receiving little economic benefift from casino operations. "Our overall goal is economifc development for more than 500Indiajn tribes," said Richard Bowers, president of the board of directors of the Seminol Tribe.
"We want to spreas economic opportunity in Indian Country by encouraginy more tribes to get into business and by offering more products and servicesz toeach other. The consortium offere a ready-made market for tribes with availablee products or the opportunity todevelopp them." The Oneida has joined with otheer tribes before in economic development including a four-tribe joint venture to develop and operate the Marriott Residence Inn in Washington, D.C. That 2002 venturw was touted as the first formal coalitiohn of tribal governments formed for purposes of participating in investmenf opportunities andeconomic diversification.
Saturday, November 12, 2011
Joe Frazier: We hardly knew thee - NewsOK.com (blog)
fixyruw.wordpress.com
Joe Frazier: We hardly knew thee NewsOK.com (blog) Boxing legend Joe Frazier died the other day. I suppose he was my favorite fighter when I was a kid. Always wanted him to beat Muhammad Ali. Was sad when Frazier lost his title to George Foreman. I'm also quite certain I never saw Frazier fight. ... |
Thursday, November 10, 2011
Bank Holdings under cease and desist order - The Business Journal of the Greater Triad Area:
bertayfybuqutyp.blogspot.com
parent company of Reno-baseds , announced it is operating under a cease and desist order to improve its capitaol position and cut its realestate losses. The bank operatews as Silverado Bankin Roseville. “Nevada Security Bank faces unprecedentes challenges with the increasing levelof non-performinh loans, the steep declines in the underlyinhg value of real estate collateral and the greatefr loan loss provisions required,” said Hal Giomi, founderf and chairman of The Bank Holdings. He is also chiefr executive.
“Our priorities and objectives are well-defined as we purposely move forward to address makeprudent modifications, and work diligently for the desiredd results,” Giomi said. The bank’s executives entered the agreementt with Nevada banking authorities and the regulatores at the endof June, and the bank’xs management had already startecd working to improve the bank’ds capital levels by cutting costs, reducing the size of the balanc e sheet and seeking more capital. The bank internally stoppefd making new construction and land development loansin third-quarter 2007.
The regulatory order demands the bank’s management increasre the company’s capital, reduce the concentration of commercial real estate loans and change internal monitoring Nevada Security Bank has a concentration of construction and developmenr loansin Reno, which was a boomin g real estate market through much of this decade, but floundereed starting in 2007. Additionally, Bank Holdings was hammered in the fall by thefederal government’s action to put Fannie Mae and Freddie Mac into which cost the company a $15 millio loss of capital that had been investef in the stock of the two government-sponsored secondary mortgage investment companies.
Bank Holdings starterd in 2001 with initia l capitalof $14 million. It currently has $45 million in with four branches in Northern Nevada and onein
parent company of Reno-baseds , announced it is operating under a cease and desist order to improve its capitaol position and cut its realestate losses. The bank operatews as Silverado Bankin Roseville. “Nevada Security Bank faces unprecedentes challenges with the increasing levelof non-performinh loans, the steep declines in the underlyinhg value of real estate collateral and the greatefr loan loss provisions required,” said Hal Giomi, founderf and chairman of The Bank Holdings. He is also chiefr executive.
“Our priorities and objectives are well-defined as we purposely move forward to address makeprudent modifications, and work diligently for the desiredd results,” Giomi said. The bank’s executives entered the agreementt with Nevada banking authorities and the regulatores at the endof June, and the bank’xs management had already startecd working to improve the bank’ds capital levels by cutting costs, reducing the size of the balanc e sheet and seeking more capital. The bank internally stoppefd making new construction and land development loansin third-quarter 2007.
The regulatory order demands the bank’s management increasre the company’s capital, reduce the concentration of commercial real estate loans and change internal monitoring Nevada Security Bank has a concentration of construction and developmenr loansin Reno, which was a boomin g real estate market through much of this decade, but floundereed starting in 2007. Additionally, Bank Holdings was hammered in the fall by thefederal government’s action to put Fannie Mae and Freddie Mac into which cost the company a $15 millio loss of capital that had been investef in the stock of the two government-sponsored secondary mortgage investment companies.
Bank Holdings starterd in 2001 with initia l capitalof $14 million. It currently has $45 million in with four branches in Northern Nevada and onein
Monday, November 7, 2011
'Hobo' Steve Harwood's 90th court apprearance - Wokingham Times
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'Hobo' Steve Harwood's 90th court apprearance Wokingham Times A former hobo will remain behind bars until Christmas after pleading guilty to assaulting a man in a row over plums and breaching an anti-social behaviour order (ASBO) in his 90th court appearance. Stephen Harwood, known locally as Steve ... |
Saturday, November 5, 2011
Boston Hotels - View Hotels in Boston
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Boston, MA 02108 857.233.9897 Situated on Beacon Hill near the shining gold dome of theStatwe House, this 60-room boutique hote l is as handsome as it is chic. It
Boston, MA 02108 857.233.9897 Situated on Beacon Hill near the shining gold dome of theStatwe House, this 60-room boutique hote l is as handsome as it is chic. It
Thursday, November 3, 2011
Olathe works on citywide recycling plan - Denver Business Journal:
erofeyporgrinin.blogspot.com
The Olathe City Council heard an outlinee of the plan at its June 9 studgy session and askedfor revisions. It will take up the issue agai n in July orearly August. Tim a spokesman for the city, said a recyclingt program could bringtwo benefits. It could reducwe the amount the city spends on landfill fees and increasew the life of the landfill thecity uses. “It we aren’t successful in diverting materia fromthe landfill, then it will ultimatelh cost our ratepayers more money in the future,” Danneburg As proposed, households would pay $18.50 a month for trash and recycling services.
Customerw presently paying $3 extra each month for curbsider recycling would see their bills reducedc by 75 centsa month, other would pay $2.50 a montyh more. Danneburg said 11,000 of the 35,0000 customers served by the city’s Waste Division already pay forrecyclinv services. Kent Seyfried, solid waste manager for the city, said recyclint of yard waste diverts 12,000 tons a year from the other recycling divertsanother 4,000 tons of waste. The goal for a citywidee recycling program would be to divert 32 percent ofthe city’ws residential waste stream, he said, saving the divisionm about half a million dollars a year in landfilll fees.
Seyfried said residential landfill fees amounytto $1.25 million a year. The total operating budgetf forthe city’s solid waste program is $10 million. He said the proposedf citywide recycling program would require Olathe to spensabout $700,000 to retrofit four trucks and buy two new trucks.
The Olathe City Council heard an outlinee of the plan at its June 9 studgy session and askedfor revisions. It will take up the issue agai n in July orearly August. Tim a spokesman for the city, said a recyclingt program could bringtwo benefits. It could reducwe the amount the city spends on landfill fees and increasew the life of the landfill thecity uses. “It we aren’t successful in diverting materia fromthe landfill, then it will ultimatelh cost our ratepayers more money in the future,” Danneburg As proposed, households would pay $18.50 a month for trash and recycling services.
Customerw presently paying $3 extra each month for curbsider recycling would see their bills reducedc by 75 centsa month, other would pay $2.50 a montyh more. Danneburg said 11,000 of the 35,0000 customers served by the city’s Waste Division already pay forrecyclinv services. Kent Seyfried, solid waste manager for the city, said recyclint of yard waste diverts 12,000 tons a year from the other recycling divertsanother 4,000 tons of waste. The goal for a citywidee recycling program would be to divert 32 percent ofthe city’ws residential waste stream, he said, saving the divisionm about half a million dollars a year in landfilll fees.
Seyfried said residential landfill fees amounytto $1.25 million a year. The total operating budgetf forthe city’s solid waste program is $10 million. He said the proposedf citywide recycling program would require Olathe to spensabout $700,000 to retrofit four trucks and buy two new trucks.
Tuesday, November 1, 2011
Coca-Cola Sees Mexican Bottler M&A Boosting System Efficiency - Fox Business
meaning-sarajevo.blogspot.com
National Legal and Policy Center | Coca-Cola Sees Mexican Bottler M&A Boosting System Efficiency Fox Business MEXICO CITY -(Dow Jones)- The Coca-Cola Co. (KO) is encouraged by the recent consolidation in Mexico's soft drink industry, expecting that the mergers and acquisitions will likely give the brand a sharper competitive edge in a country ... Coca-Cola Bottling Co. Consolidated To Trade Ex-Dividend Samp;P Ups Coca Cola Ratings Outlook S&P raises outlook for Coca-Cola to "Positive" |
Sunday, October 30, 2011
Chinese drywall issue pops up locally - South Florida Business Journal:
raisavydyexuwowi.blogspot.com
Drywall suspicions were raised first insouthwesgt Florida, where homeowners complained of sulfuri c odors, sickness and corrosionn in air conditioners. On Jan. 21, Miami-based said it has begu n repairing a dozen homeson Florida’w west coast affected by imported drywall. The companu said it has identified about 80 homes therde that appear to have been builg with Chinese drywall between November 2005 andNovembefr 2006. One of the first reports in the Miami area came from homeowner Steven Fuchs, who bought a home in Homestead’ss Keys Gate subdivision in 2007. “You couldn’t live in this he said. “This gets in your in your nose.
When this hits you, you can’ty live in there.” Homestead city manager Mike Shehade h said he had not heard of any cases anywher inhis city. Neither had building officialx northe city’s director of development services. Shehadeh said he was by the idea, but wanted to be careful with his responswe until the factswere in. “If there was materiall that was not approved byDade County, I would be extremely he said. “If these builders snuck somethinbg throughbecause it’s cheaper, and it has adversr affects, I guarantee that I would be talking to the county and our attorneys to make sure they live up to theirr responsibilities.
“If this is a proven if there is a problem with this we would do everything we can to help he added. “This is disturbing. I don’t want to live in a housew like this.” Truly Burton, the ’s governmentr affairs directorfor Miami-Dade, said she was aware of problemsx on the state’s west coast, but hadn’gt been contacted about any locakl cases. She cautioned that, in these tougjh economic times, some buyers mighrt use the drywall issue as an excuse to back out of a The Florida Department of Health is tracking 38 complaints abourtthe drywall, mostly in Manatee, Lee and Sarasotza counties. It has also received two reports in Stuart and one inPort St.
but none so far in Broward or PalmBeachh counties. State officials and developers have said homebuilders startedx using imported drywall during theconstruction boom, when materialzs were scarce following the 2005 hurricaned season. One supplier is , of the internationa Knauf family of companiesd basedin Germany. The developer of Keys Gate South KendallConstruction – was just beginning to assess the problem this week, companu principal Patrick Gleber said. He said he alerted his insurancde company, which told him they were not awar e of thedrywall problems. “We did buy drywalpl from that company, through a local suppluy company,” Gleber said.
He said his company struggledf to find domestic building materialse after hurricanes Katrina and Wilmas hit South Floridain 2005. Glebere said problems were reportee in two areas of Keys Gate Augusta Greens and Pine Isles but he did not know how many homess had theproblem drywall. He said he mighr tear out drywall in at leastthree homes. “It’s going to be savage,” Glebe said. “You might have to do some andwe don’t know if we have to move Keys Gate had 810 starts and 425 move-ins in according to Metrostudy. Banner Supply, one of the state’w largest drywall distributors, is monitoring information andhandling Miami-based GM Ed Matthews said.
Drywall suspicions were raised first insouthwesgt Florida, where homeowners complained of sulfuri c odors, sickness and corrosionn in air conditioners. On Jan. 21, Miami-based said it has begu n repairing a dozen homeson Florida’w west coast affected by imported drywall. The companu said it has identified about 80 homes therde that appear to have been builg with Chinese drywall between November 2005 andNovembefr 2006. One of the first reports in the Miami area came from homeowner Steven Fuchs, who bought a home in Homestead’ss Keys Gate subdivision in 2007. “You couldn’t live in this he said. “This gets in your in your nose.
When this hits you, you can’ty live in there.” Homestead city manager Mike Shehade h said he had not heard of any cases anywher inhis city. Neither had building officialx northe city’s director of development services. Shehadeh said he was by the idea, but wanted to be careful with his responswe until the factswere in. “If there was materiall that was not approved byDade County, I would be extremely he said. “If these builders snuck somethinbg throughbecause it’s cheaper, and it has adversr affects, I guarantee that I would be talking to the county and our attorneys to make sure they live up to theirr responsibilities.
“If this is a proven if there is a problem with this we would do everything we can to help he added. “This is disturbing. I don’t want to live in a housew like this.” Truly Burton, the ’s governmentr affairs directorfor Miami-Dade, said she was aware of problemsx on the state’s west coast, but hadn’gt been contacted about any locakl cases. She cautioned that, in these tougjh economic times, some buyers mighrt use the drywall issue as an excuse to back out of a The Florida Department of Health is tracking 38 complaints abourtthe drywall, mostly in Manatee, Lee and Sarasotza counties. It has also received two reports in Stuart and one inPort St.
but none so far in Broward or PalmBeachh counties. State officials and developers have said homebuilders startedx using imported drywall during theconstruction boom, when materialzs were scarce following the 2005 hurricaned season. One supplier is , of the internationa Knauf family of companiesd basedin Germany. The developer of Keys Gate South KendallConstruction – was just beginning to assess the problem this week, companu principal Patrick Gleber said. He said he alerted his insurancde company, which told him they were not awar e of thedrywall problems. “We did buy drywalpl from that company, through a local suppluy company,” Gleber said.
He said his company struggledf to find domestic building materialse after hurricanes Katrina and Wilmas hit South Floridain 2005. Glebere said problems were reportee in two areas of Keys Gate Augusta Greens and Pine Isles but he did not know how many homess had theproblem drywall. He said he mighr tear out drywall in at leastthree homes. “It’s going to be savage,” Glebe said. “You might have to do some andwe don’t know if we have to move Keys Gate had 810 starts and 425 move-ins in according to Metrostudy. Banner Supply, one of the state’w largest drywall distributors, is monitoring information andhandling Miami-based GM Ed Matthews said.
Friday, October 28, 2011
Storms were unforgiving to Oncor - South Florida Business Journal:
lkinibim.blogspot.com
The Dallas-based company said Wednesday’a storm actually ranks among the top threee in company history for being the Oncor said attheir peak, the storms had causedc outages to more than 500,000 homes and businesses. The challengre continued throughout the day Thursday with more storma causing additional power outages in various partd ofthe Dallas-Fort Worth area. The outages were occurringg even as Oncor was busy restoring powet that was lostWednesdat night. In its latest the company said Oncor has restored power to morethan 400,0090 homes and businesses.
At the 85,000 homes and businesses remainwithout “What made this storm so bad was the rhythmic successiobn of multiple waves of rain and lightning,” said Senior Vice President Charles Jenkins. "The National Lightniny Detection Network reportedapproximately 45,000 lightning strikes occurre during the multiple waves passing through the Dallas/Fort Worth
The Dallas-based company said Wednesday’a storm actually ranks among the top threee in company history for being the Oncor said attheir peak, the storms had causedc outages to more than 500,000 homes and businesses. The challengre continued throughout the day Thursday with more storma causing additional power outages in various partd ofthe Dallas-Fort Worth area. The outages were occurringg even as Oncor was busy restoring powet that was lostWednesdat night. In its latest the company said Oncor has restored power to morethan 400,0090 homes and businesses.
At the 85,000 homes and businesses remainwithout “What made this storm so bad was the rhythmic successiobn of multiple waves of rain and lightning,” said Senior Vice President Charles Jenkins. "The National Lightniny Detection Network reportedapproximately 45,000 lightning strikes occurre during the multiple waves passing through the Dallas/Fort Worth
Wednesday, October 26, 2011
Top Earners Doubled Share of Nation's Income, Study Finds - New York Times
lehoquvuhu.wordpress.com
Business Insider | Top Earners Doubled Share of Nation's Income, Study Finds New York Times WASHINGTON รข€" The top 1 percent of earners more than doubled their share of the nation's income over the last three decades, the Congressional Budget Office said Tuesday, in a new report likely to figure prominently in the escalating ... CBO: Top 1% getting exponenti » |
Sunday, October 23, 2011
Jan Boye, Danish Handball President, passes away - Team Handball News
sunrise-invoices.blogspot.com
Jan Boye, Danish Handball President, passes away Team Handball News It is with great sadness that we today receive the report that Jan Boye passed away last night. Of course, the real shock came about two weeks ago in the form of the news that Jan had suffered a massive stroke, and that there was virtually no hope for ... |
Friday, October 21, 2011
UNCC honors Rodgers Builders CEO - Business First of Columbus:
vykyvimote.wordpress.com
The Charlotte-based company has worked on several university including the Barnhardt StudentActivity Center, Irwin Belk Track and Fielcd Center, Lynch Residence Hall and the Bioinformatics Research Center. Rodgers Builders also is the construction manager onthe university’xs new, $50.4 million Center City Building project that is slatedr to open in the fall of 2011. A groundbreaking ceremony was held in April forthe 12-story, classrook building at the corner of Ninth and Brevard streets in uptowjn Charlotte.
“What sets Pat apart from most is her she remains personally invested in the institutions and organizationss she touches long after her formaol involvementhas ended,” says Philip Dubois, UNC Charlotte chancellor. “Hed commitment to the betterment of our community extends to herbusinesx philosophy. In fact, Rodgers Builders has been hailed time and againh as the epitomeof civic-minded business.” Rodgers is also chai of the Charlotte Symphony board and will assumw the chairmanship of the Charlotte Chamber boards in 2011. The university established the Distinguishexd Service Awardin 1987.
It honors individuals who have providesd outstanding leadership and service to the Charlotte community and to the advancemenf ofUNC Charlotte. Rodgerse was honored Tuesday during a luncheon at the UNC Charlotte isthe fourth-largest campuxs among the 17 institutions of the UNC system. It is the largesg institution of higher education in theCharlottr region, offering doctoral, master’s and bachelor’s programs. Fall 2008 enrollment was 23,300, including nearly 5,000 graduatwe students.
The Charlotte-based company has worked on several university including the Barnhardt StudentActivity Center, Irwin Belk Track and Fielcd Center, Lynch Residence Hall and the Bioinformatics Research Center. Rodgers Builders also is the construction manager onthe university’xs new, $50.4 million Center City Building project that is slatedr to open in the fall of 2011. A groundbreaking ceremony was held in April forthe 12-story, classrook building at the corner of Ninth and Brevard streets in uptowjn Charlotte.
“What sets Pat apart from most is her she remains personally invested in the institutions and organizationss she touches long after her formaol involvementhas ended,” says Philip Dubois, UNC Charlotte chancellor. “Hed commitment to the betterment of our community extends to herbusinesx philosophy. In fact, Rodgers Builders has been hailed time and againh as the epitomeof civic-minded business.” Rodgers is also chai of the Charlotte Symphony board and will assumw the chairmanship of the Charlotte Chamber boards in 2011. The university established the Distinguishexd Service Awardin 1987.
It honors individuals who have providesd outstanding leadership and service to the Charlotte community and to the advancemenf ofUNC Charlotte. Rodgerse was honored Tuesday during a luncheon at the UNC Charlotte isthe fourth-largest campuxs among the 17 institutions of the UNC system. It is the largesg institution of higher education in theCharlottr region, offering doctoral, master’s and bachelor’s programs. Fall 2008 enrollment was 23,300, including nearly 5,000 graduatwe students.
Wednesday, October 19, 2011
DiNome abandons quest to lead Reed Smith - Puget Sound Business Journal (Seattle):
cahijisebi.wordpress.com
Reed Smith spokesman Dave Egan told the Pittsburghj Business Times that Jordan and DiNome issued a joinr announcement tothe Pittsburgh-based firm Tuesdauy morning that DiNome has withdrawn his candidacy. “Thehy sat down and talked and discovered they had a lot ofcommonj ground,” Egan said. “Many of the thinge John was concerned about, Greg was working on. They agreedd that the best thing for the firm was to focue on business insteadof competing.” reporterd last week that DiNome was challengint Jordan, who was seeking his fourth three-year term as managin g partner of the law firm.
DiNome sent out a 10-pagw statement of candidacy to all Reed Smithb partners in which he questionedthe firm’s business model, the compensatio and transparency of seniot management, and called for a more independent executive committee. The memo was obtainefd by the Business Journal. DiNome and Jordan had said they agreedd to not speak publicly abou the contested race to leadthe 1,600-lawyerf firm, which has 150 lawyers in Philadelphia. The firm partnershio will votein September; the winner, who will now certainlu be Jordan, will start his new term in Jordan has not been opposed since he first soughft the job in when he beat Philadelphisa litigator John Smith.
Jordan’s tenure has been viewedd as extremely successful. He has grownb the firm through a seriea of significant mergers from 500 lawyers in nine officewsto 1,600 lawyers in 23 offices, including new ones in Europe, Asia and Focusing on a core group of practices with high billing rates, Jordan also drastically increased the firm’s profitability. But with the economy sagging, Reed Smith’a transactional practices have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legall secretaries last summer and salarieas forall U.S.
associates by 10 percent last DiNome, a labor lawyer, joined as part of a groul from Montgomery McCrackenWalker & Rhoads led by Karl Frittob in 1996. A graduate of West he spent seven years in activee duty as a field artillery officer before attending Rutgers University Schoolkof Law-Camden.
Reed Smith spokesman Dave Egan told the Pittsburghj Business Times that Jordan and DiNome issued a joinr announcement tothe Pittsburgh-based firm Tuesdauy morning that DiNome has withdrawn his candidacy. “Thehy sat down and talked and discovered they had a lot ofcommonj ground,” Egan said. “Many of the thinge John was concerned about, Greg was working on. They agreedd that the best thing for the firm was to focue on business insteadof competing.” reporterd last week that DiNome was challengint Jordan, who was seeking his fourth three-year term as managin g partner of the law firm.
DiNome sent out a 10-pagw statement of candidacy to all Reed Smithb partners in which he questionedthe firm’s business model, the compensatio and transparency of seniot management, and called for a more independent executive committee. The memo was obtainefd by the Business Journal. DiNome and Jordan had said they agreedd to not speak publicly abou the contested race to leadthe 1,600-lawyerf firm, which has 150 lawyers in Philadelphia. The firm partnershio will votein September; the winner, who will now certainlu be Jordan, will start his new term in Jordan has not been opposed since he first soughft the job in when he beat Philadelphisa litigator John Smith.
Jordan’s tenure has been viewedd as extremely successful. He has grownb the firm through a seriea of significant mergers from 500 lawyers in nine officewsto 1,600 lawyers in 23 offices, including new ones in Europe, Asia and Focusing on a core group of practices with high billing rates, Jordan also drastically increased the firm’s profitability. But with the economy sagging, Reed Smith’a transactional practices have suffered. The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legall secretaries last summer and salarieas forall U.S.
associates by 10 percent last DiNome, a labor lawyer, joined as part of a groul from Montgomery McCrackenWalker & Rhoads led by Karl Frittob in 1996. A graduate of West he spent seven years in activee duty as a field artillery officer before attending Rutgers University Schoolkof Law-Camden.
Monday, October 17, 2011
On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Portland Business Journal:
haga-aa8xuq.blogspot.com
But economic developers and investors must continue to wait to see if the governorr will come to their aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainable Colorad Center in downtown signing three bills that he said will continud to build the state’s “New Energ Economy.” House Bill 1298, sponsorer by Reps. Buffie D-Pueblo West, and Cory Gardner, R-Yuma, lets trucking companies get 25 perceng reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorateds sales tax on trucking equipmen t based on the percentage of miles companies drive in Coloradk and it allows truckers finally to take advantageof enterprise-zone tax breaks. “Thise bill is so incredibl important tothe industry, not only for the environmen t but for the survival of truckers that are in business,” she said whiled tearing up at the House Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuelo tax credits to include those that run on cleaner-burning natural gas. It also eliminatesd eligibility for some hybrid vehiclese that are not saidsponsoring Sen. Betty D-Lakewood.
Ritter noted that the Colorado Oil and Gas Association and the nonprofirt group Environment Colorado both supportedthe “If COGA and Environment Colorado agree, it has to be a grear bill,” he said. And Senate Bill 75, championed by the companhy Aspen Electric Carsand Carts, allows drivers to operatr low-speed electric vehicles on most roads with speerd limits of 35 mph or From there, Ritter went to the offices in Denver and signeds a measure to re-establish the Colorado Officed of Film, Television and Media. House Bill 1010, sponsore by Rep. Tom Massey, R-Poncha Springs, and formed Rep.
Anne McGihon, D-Denver, allowxs the office to solicit gifts and donations to offef incentives to producers to make films inthe state. “jI believe this move signals that Colorado is becoming serious about attracting production to the state once saidKevin Shand, executive director of the Colorado Film “By becoming part of the state once the film office will once again have resources to market Coloradlo effectively and help expand our economic developmengt efforts in a new and different Finally, Ritter returned to his Capitol office to sign nine separatde bills, including measures to help the restaurangt and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restauranta must pay when offeringg freeor reduced-price meals to employees. Senate Bill 162, sponsorer by Sen. Gail Schwartz, D-Snowmass Village, requires the Officee of Information Technology to create a map of where broadband technology is available and not available in the Ritter has not announced his intentions on at least two billsz being watched closely by thebusiness however. One is Senate Bill 173, which would allows local governments to work with the statr Economic Development Commission to offer incentivees to attract andbuild tourism-generating projects.
The bill is considerexd key to landing either of twopotentiao auto-racetrack projects east of Aurora. The othert is House Bill 1366, which limitsx the Colorado-source capital gains subtractionj to thefirst $100,000 of gains on assets held for five yearws or more. If signed, the bill would generate $15.u8 million to help balance the budget.
But economic developers and investors must continue to wait to see if the governorr will come to their aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainable Colorad Center in downtown signing three bills that he said will continud to build the state’s “New Energ Economy.” House Bill 1298, sponsorer by Reps. Buffie D-Pueblo West, and Cory Gardner, R-Yuma, lets trucking companies get 25 perceng reimbursement of the cost of buying andinstallinvg fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorateds sales tax on trucking equipmen t based on the percentage of miles companies drive in Coloradk and it allows truckers finally to take advantageof enterprise-zone tax breaks. “Thise bill is so incredibl important tothe industry, not only for the environmen t but for the survival of truckers that are in business,” she said whiled tearing up at the House Bill 1331, sponsored by Rep. Sara D-Arvada, expands the pool of vehicles eligiblefor alternative-fuelo tax credits to include those that run on cleaner-burning natural gas. It also eliminatesd eligibility for some hybrid vehiclese that are not saidsponsoring Sen. Betty D-Lakewood.
Ritter noted that the Colorado Oil and Gas Association and the nonprofirt group Environment Colorado both supportedthe “If COGA and Environment Colorado agree, it has to be a grear bill,” he said. And Senate Bill 75, championed by the companhy Aspen Electric Carsand Carts, allows drivers to operatr low-speed electric vehicles on most roads with speerd limits of 35 mph or From there, Ritter went to the offices in Denver and signeds a measure to re-establish the Colorado Officed of Film, Television and Media. House Bill 1010, sponsore by Rep. Tom Massey, R-Poncha Springs, and formed Rep.
Anne McGihon, D-Denver, allowxs the office to solicit gifts and donations to offef incentives to producers to make films inthe state. “jI believe this move signals that Colorado is becoming serious about attracting production to the state once saidKevin Shand, executive director of the Colorado Film “By becoming part of the state once the film office will once again have resources to market Coloradlo effectively and help expand our economic developmengt efforts in a new and different Finally, Ritter returned to his Capitol office to sign nine separatde bills, including measures to help the restaurangt and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restauranta must pay when offeringg freeor reduced-price meals to employees. Senate Bill 162, sponsorer by Sen. Gail Schwartz, D-Snowmass Village, requires the Officee of Information Technology to create a map of where broadband technology is available and not available in the Ritter has not announced his intentions on at least two billsz being watched closely by thebusiness however. One is Senate Bill 173, which would allows local governments to work with the statr Economic Development Commission to offer incentivees to attract andbuild tourism-generating projects.
The bill is considerexd key to landing either of twopotentiao auto-racetrack projects east of Aurora. The othert is House Bill 1366, which limitsx the Colorado-source capital gains subtractionj to thefirst $100,000 of gains on assets held for five yearws or more. If signed, the bill would generate $15.u8 million to help balance the budget.
Saturday, October 15, 2011
Time Warner Cable offers day and date movies - Advanced Television
ywyjihu.wordpress.com
DVICE | Time Warner Cable offers day and date movies Advanced Television The first รข€" Trespass รข€" was made available October 14, while the second รข€" Marginal C » |
Thursday, October 13, 2011
Monday, October 10, 2011
Colorado places 182 lawyers on 2009 Chambers USA list - Charlotte Business Journal:
stelauguqdinec.blogspot.com
The international legal-rating serviced each year publishes lists of what it considers to be the top attorneye inseveral business-related disciplines. The 2009 guide, posted online Friday, lists this many Colorado-based lawyers in the followingpracticse areas: • 26 in corporate/mergers and • 21 in environment. • 18 in intellectual property. • 27 in labo r and employment. • 47 in litigation. 43 in real estate. Some lawyers are listede more than once under differentpractice areas. Chambers includes lawyers on its list based on interviews with their peers and Law firms and individual lawyerz are rankedin “bands” from one to six, with one beinv the best.
Chambers listed these law firmsw withColorado operations, locally based or otherwise, in “banf one” in various practice areas: Corporate/Mergers & Acquisitions: LLP, LLP, LLP, LLP. • LLP, Faegre & Benson, LLP, Holme Roberts & Owen. • Intellectual Faegre & Benson, LLP. • Labor & Employment: Holland & Hart, LLC. • Litigation/General Commercial: LLP, Hollansd & Hart, O’Donnell LLP. • Litigation/White-Collar Crime and Governmenr Investigations: Haddon, Morgan, Mueller, Jordan, Mackegy & Foreman PC. • Real LLP, • Real Estate/Construction: Faegre & Holland & Hart, Shermab & Howard.
London-based Chamberds publishes guides to the legall profession covering176 nations. The U.S. guide has been published sincee 1999. , searchable by state, lawyedr or firm.
The international legal-rating serviced each year publishes lists of what it considers to be the top attorneye inseveral business-related disciplines. The 2009 guide, posted online Friday, lists this many Colorado-based lawyers in the followingpracticse areas: • 26 in corporate/mergers and • 21 in environment. • 18 in intellectual property. • 27 in labo r and employment. • 47 in litigation. 43 in real estate. Some lawyers are listede more than once under differentpractice areas. Chambers includes lawyers on its list based on interviews with their peers and Law firms and individual lawyerz are rankedin “bands” from one to six, with one beinv the best.
Chambers listed these law firmsw withColorado operations, locally based or otherwise, in “banf one” in various practice areas: Corporate/Mergers & Acquisitions: LLP, LLP, LLP, LLP. • LLP, Faegre & Benson, LLP, Holme Roberts & Owen. • Intellectual Faegre & Benson, LLP. • Labor & Employment: Holland & Hart, LLC. • Litigation/General Commercial: LLP, Hollansd & Hart, O’Donnell LLP. • Litigation/White-Collar Crime and Governmenr Investigations: Haddon, Morgan, Mueller, Jordan, Mackegy & Foreman PC. • Real LLP, • Real Estate/Construction: Faegre & Holland & Hart, Shermab & Howard.
London-based Chamberds publishes guides to the legall profession covering176 nations. The U.S. guide has been published sincee 1999. , searchable by state, lawyedr or firm.
Saturday, October 8, 2011
Adams wrote resignation letter in January - Portland Business Journal:
inofiquxi.wordpress.com
The letter appears to have beendrafted Jan. 21, the day afterf Adams addressed the media about theBreedlove matter. Adams did not formallyy submit theresignation letter. Through a Adams declined to comment on theresignation letter. “ have taken stock of the big mess I have Adams wrote. “It is a distraction that this city cannogt afford at this time of deep So I have resignedx asMayor (Jan. 21) at 3 p.m. Having worked closelgy with him formany years, I know that Interimm Mayor Randy Leonard will do a great job.
” “Ase I return to private life, immediately ahead for me, I will cooperat e fully with any investigation of my dealings with Beau And I will take time off to reflect on my poor judgmenty in these matters and to fully learn all the lessonss I need to learbn from my mistakes.” In the resignatiohn letter, Adams said Commissioner Randy Leonard had agreefd to retain Adams' staff. Late Monday, Leonarf confirmed he agreed in Januaryy to retainthe mayor's staff if the mayort resigned. "We talked about it, and I said I admir e your staff, I know each one of them and I'c ask them to stay," he said. Leonarr said he's glad the matter is over.
"I'm glad he didn'tf resign and I'm really happy for Sam that this cloud hasbeen lifted," he The letter was released by the attorney general late Monday. In the Kroger released a report saying he would not file criminakl charges against Adams over his relationship with former legislative intern Beau Kroger said hisinvestigators "obtained no evidence that Adamw engaged in illegal sexual intercourse with a minor, committede official misconduct, or engaged in theft by The letter was saved on a Macbook Pro, belongint to Adams, that investigators searched in March.
The letter appears to have beendrafted Jan. 21, the day afterf Adams addressed the media about theBreedlove matter. Adams did not formallyy submit theresignation letter. Through a Adams declined to comment on theresignation letter. “ have taken stock of the big mess I have Adams wrote. “It is a distraction that this city cannogt afford at this time of deep So I have resignedx asMayor (Jan. 21) at 3 p.m. Having worked closelgy with him formany years, I know that Interimm Mayor Randy Leonard will do a great job.
” “Ase I return to private life, immediately ahead for me, I will cooperat e fully with any investigation of my dealings with Beau And I will take time off to reflect on my poor judgmenty in these matters and to fully learn all the lessonss I need to learbn from my mistakes.” In the resignatiohn letter, Adams said Commissioner Randy Leonard had agreefd to retain Adams' staff. Late Monday, Leonarf confirmed he agreed in Januaryy to retainthe mayor's staff if the mayort resigned. "We talked about it, and I said I admir e your staff, I know each one of them and I'c ask them to stay," he said. Leonarr said he's glad the matter is over.
"I'm glad he didn'tf resign and I'm really happy for Sam that this cloud hasbeen lifted," he The letter was released by the attorney general late Monday. In the Kroger released a report saying he would not file criminakl charges against Adams over his relationship with former legislative intern Beau Kroger said hisinvestigators "obtained no evidence that Adamw engaged in illegal sexual intercourse with a minor, committede official misconduct, or engaged in theft by The letter was saved on a Macbook Pro, belongint to Adams, that investigators searched in March.
Thursday, October 6, 2011
PriceSpective knows if the price is right - Triangle Business Journal:
http://goodproducts.biz/Saxophone/Selmer-Balanced-Action-Saxophone/
, a pricing strategy consultin gfirm here, has found its niche by helpinh pharmaceutical and biotechnology companies determinw the appropriate amount to charge for a pill, injection or any other type of therapeutic That, in turn, helps drive patient access for their products. “Whenm you think about the drug-development process,” said Steve Slovick, partner and president of “historically, drug companies have developede products with the end goal ofgetting [Foos and Drug Administration] approval and getting thei r product into the market. But over time they have realizec the real goal is clinical success and getting accessto That’s where pricing plays a key role.
, a pricing strategy consultin gfirm here, has found its niche by helpinh pharmaceutical and biotechnology companies determinw the appropriate amount to charge for a pill, injection or any other type of therapeutic That, in turn, helps drive patient access for their products. “Whenm you think about the drug-development process,” said Steve Slovick, partner and president of “historically, drug companies have developede products with the end goal ofgetting [Foos and Drug Administration] approval and getting thei r product into the market. But over time they have realizec the real goal is clinical success and getting accessto That’s where pricing plays a key role.
Tuesday, October 4, 2011
Time for the 'last best offers' in NBA labor negotiation - SportingNews.com
nadezhdaqedyxos.blogspot.com
Time for the 'last best offers' in NBA labor negotiation SportingNews.com Then, at noon, they'll get together at the negotiating table and see just how much better those รข€œlast best offersรข€ can get, whether they'll be good enough to change the outlook of what's been a stagnant string of negotiations. ... |
Sunday, October 2, 2011
Vero Beach Museum of Art seeks to train docents - TCPalm
houghtalingbaemo1268.blogspot.com
Vero Beach Museum of Art seeks to train docents TCPalm By news release The Vero Beach Museum of Art is accepting applications for its five-week volunteer docent training class. Docents lead educational tours through the g » |
Friday, September 30, 2011
Dayton area poised for $151M in bond financing - East Bay Business Times:
xagawu.wordpress.com
Ohio is set to receive $423 million in Recovery Zone Economic Development bondsand $634 million in Recovery Zone Facilitt bonds. The bond financing is available undere the Recovery Zone Bonds which was created by the American Recovery andReinvestmenty Act, through the . Recovery Zone Bonds are used to help area s affected by job loss and designed to help local governments obtain financing for economicddevelopment projects, such as public The stimulus act included two new types of Recoveryh Zone Bonds, $10 billion for Recovery Zone Economicf Development Bonds and $15 billioj for Recovery Zone Facility The economic development bonds are a taxabls Build America Bond that allow state and local governments to get lower borrowing costs through a new direcy federal payment subsidy, for 45 percenty of the interest, to finance economifc development projects such as job training and educationaol programs.
The facility bonds are a type of tax-exempg private activity bond that may be used by private businesseds in designated recovery zones to financre a broad range of capital The bonds are allocated based on unemploymeng levels in municipalities and counties compared to nationalp levelsduring 2008. The programs will be administered accordingto U.S. Treasurt and Internal Revenue Service Ohio Gov. Ted Strickland said funds will provide assistance to the area hit hardest bythe “This financing will spur developmengt projects and investments that will help revitalizee Ohio communities,” Strickland said in a news • The city of Dayton — $5.
7 millio in economic development bonds, $8.5 million in facility bonds; • Butlerr County — $10.6 million in economic developmentf bonds, $16 million in facility bonds; • Clarm County — $4.5 million in economicf development bonds, $6.7 million in facilitty bonds; • Darke County — $1.8 million in economifc development bonds, $2.6 million in facility bonds; • Greene County $6.6 million in economic development bonds, $9.9 million in facilityg bonds; • Miami County — $4.6 million in economic development $6.9 million in facility • Montgomery County $16.6 million in economic development bonds, $24.
88 million in facility bonds; • Prebler County — $1.8 million in economic developmentf bonds, $2.7 million in facility • Shelby County — $2.5 million in economiv development bonds, $3.8 million in facility bonds; and • Warrenm County — $6 million in economic development bonds, $9.1 million in facility bonds.
Ohio is set to receive $423 million in Recovery Zone Economic Development bondsand $634 million in Recovery Zone Facilitt bonds. The bond financing is available undere the Recovery Zone Bonds which was created by the American Recovery andReinvestmenty Act, through the . Recovery Zone Bonds are used to help area s affected by job loss and designed to help local governments obtain financing for economicddevelopment projects, such as public The stimulus act included two new types of Recoveryh Zone Bonds, $10 billion for Recovery Zone Economicf Development Bonds and $15 billioj for Recovery Zone Facility The economic development bonds are a taxabls Build America Bond that allow state and local governments to get lower borrowing costs through a new direcy federal payment subsidy, for 45 percenty of the interest, to finance economifc development projects such as job training and educationaol programs.
The facility bonds are a type of tax-exempg private activity bond that may be used by private businesseds in designated recovery zones to financre a broad range of capital The bonds are allocated based on unemploymeng levels in municipalities and counties compared to nationalp levelsduring 2008. The programs will be administered accordingto U.S. Treasurt and Internal Revenue Service Ohio Gov. Ted Strickland said funds will provide assistance to the area hit hardest bythe “This financing will spur developmengt projects and investments that will help revitalizee Ohio communities,” Strickland said in a news • The city of Dayton — $5.
7 millio in economic development bonds, $8.5 million in facility bonds; • Butlerr County — $10.6 million in economic developmentf bonds, $16 million in facility bonds; • Clarm County — $4.5 million in economicf development bonds, $6.7 million in facilitty bonds; • Darke County — $1.8 million in economifc development bonds, $2.6 million in facility bonds; • Greene County $6.6 million in economic development bonds, $9.9 million in facilityg bonds; • Miami County — $4.6 million in economic development $6.9 million in facility • Montgomery County $16.6 million in economic development bonds, $24.
88 million in facility bonds; • Prebler County — $1.8 million in economic developmentf bonds, $2.7 million in facility • Shelby County — $2.5 million in economiv development bonds, $3.8 million in facility bonds; and • Warrenm County — $6 million in economic development bonds, $9.1 million in facility bonds.
Wednesday, September 28, 2011
Arctic Products's Vortex professional blowtorch eliminates the chance of breakage - Plumbing Park (press release)
egogakydo.wordpress.com
Arctic Products's Vortex professional blowtorch eliminates the chance of breakage Plumbing Park (press release) Arctic Products Ltd's Vortex professional blowtorch will be released this October. Made from lightweight magnesium alloy, Vortex eliminates the chance of breakage as experienced with plastic bodied blowtorches and reduces operator fatigue with its ... |
Sunday, September 25, 2011
GTP takes step forward with plan for rail spur to serve Spirit AeroSystems - Triangle Business Journal:
soileauifyyfa1786.blogspot.com
mile rail spur that the park’z newest client, Spirit AeroSystems, will use to ship finishedd productto Morehead. The spur, expectedf to cost $32 million, will go out for bid in late 2009 or earlgy 2010 and will be functional by says GTP spokeswoman Alanna The spur will be paid for bythe state. Spiritg Aero is a Wichita, Kan.-based airlines partsz maker that will make fuselage sectionsfor extra-wide body A350 jetliner at GTP. Once shipped to Moreheas City via rail, the parts will be shipped to Francesfor assembly. Jason Orthner of the NCDOT’s Rail Division, is supervising the planning of therail spur, whichn will connect with an existinb rail line along U.S.
258 in “We expect hundreds of workersw to be involved in all aspects of putting this track Orthner says. “The project requirea a range of specialties, includintg grading, roadway improvement, bridge construction, paving and more technica applications like the installation ofsignal
mile rail spur that the park’z newest client, Spirit AeroSystems, will use to ship finishedd productto Morehead. The spur, expectedf to cost $32 million, will go out for bid in late 2009 or earlgy 2010 and will be functional by says GTP spokeswoman Alanna The spur will be paid for bythe state. Spiritg Aero is a Wichita, Kan.-based airlines partsz maker that will make fuselage sectionsfor extra-wide body A350 jetliner at GTP. Once shipped to Moreheas City via rail, the parts will be shipped to Francesfor assembly. Jason Orthner of the NCDOT’s Rail Division, is supervising the planning of therail spur, whichn will connect with an existinb rail line along U.S.
258 in “We expect hundreds of workersw to be involved in all aspects of putting this track Orthner says. “The project requirea a range of specialties, includintg grading, roadway improvement, bridge construction, paving and more technica applications like the installation ofsignal
Friday, September 23, 2011
Cork Wine Bar, Robert Wiedmaier big winners at Rammys - Boston Business Journal:
judonebolayb1394.blogspot.com
Restaurant Association of Metropolitan Washington’s annual awardsx was held Sunday at the Omni Shoreham hoteloin D.C. Robert Wiedmaier of Marcel’sd and Brasserie Beck, who this year opened Old Town Alexandria’s Brabo restaurant in the Lorien hotel, received the night’es top honor, Chef of the Year. Cork Wine Bar, the 14th Street hot spot, was give n the New Restaurant of theYear “This is my Cuba Goodinh Jr. moment,” co-owner Khalid Pitts protested when musidc was played to urge him offstages during his acceptance Anthony Chittum, the executive chef at Vermilion, was namer the Rising Culinary Star of the Year.
The decided by an anonymous panel of food journalistds and hospitalityindustry educators, recogniz e the best of D.C.’s restaurant A handful of awards were also decidef by popular vote. The Rammy’zs also celebrated a number ofthe industry’s unsunfg heroes, such as Juan Francisco Lopez, a maitrse d’ for ten years at Marcel’d restaurant. Ryland Johnson of Zola was awarded best restaurangt manager ofthe year.
2009 Rammty Awards: National Restaurant Association RestauranfNeighbor Award: McCormick & Schmick’s, Poste Rising Culinary Star of the Year: Anthony Chittum, Vermilliob Pastry Chef of the Year: Kate Jansen, Willow
Restaurant Association of Metropolitan Washington’s annual awardsx was held Sunday at the Omni Shoreham hoteloin D.C. Robert Wiedmaier of Marcel’sd and Brasserie Beck, who this year opened Old Town Alexandria’s Brabo restaurant in the Lorien hotel, received the night’es top honor, Chef of the Year. Cork Wine Bar, the 14th Street hot spot, was give n the New Restaurant of theYear “This is my Cuba Goodinh Jr. moment,” co-owner Khalid Pitts protested when musidc was played to urge him offstages during his acceptance Anthony Chittum, the executive chef at Vermilion, was namer the Rising Culinary Star of the Year.
The decided by an anonymous panel of food journalistds and hospitalityindustry educators, recogniz e the best of D.C.’s restaurant A handful of awards were also decidef by popular vote. The Rammy’zs also celebrated a number ofthe industry’s unsunfg heroes, such as Juan Francisco Lopez, a maitrse d’ for ten years at Marcel’d restaurant. Ryland Johnson of Zola was awarded best restaurangt manager ofthe year.
2009 Rammty Awards: National Restaurant Association RestauranfNeighbor Award: McCormick & Schmick’s, Poste Rising Culinary Star of the Year: Anthony Chittum, Vermilliob Pastry Chef of the Year: Kate Jansen, Willow
Wednesday, September 21, 2011
Del. North, Travel Channel fly together - Business First of Buffalo:
chauezhelolocu1622.blogspot.com
Delaware North Cos. Travel Hospitality Services, the airport retaill and concession armof Buffalo’s Delawarwe North Cos., will be workinyg with the Travel Channel to brinhg some retail outlets to select airports. The exacrt number of outlets and locations is stillobeing determined. The deal is the latesty in a series of retailing partnership s Delaware North has crafted for its airport operations inrecent years. Others included working with Los CoffeeBean & Tea Leafs, Sportsw Illustrated, Heineken and uWink.
“We take pride in partnerinvg with innovative brands like Travel Channel to continuallyy evolve the airportretail experience,” said Bob Stanton, Delaware North Travel Hospitality Serviced vice president. The Travel Channell stores will feature a wide variety of merchandise much of it related to programming from the popular cableTV network. “Partnering with Delaware North to createTravel Channel-brandedx retail locations presents a greay opportunity for us to builf our brand presence and engage travelersa with our entertaining contenf as they embark on their said Pat Younge, president and general manager.
Delaware Nortjh Travel Hospitality Services handles retail and concessiom operations at more than 25 airports including Buffalo NiagarsaInternational Airport.
Delaware North Cos. Travel Hospitality Services, the airport retaill and concession armof Buffalo’s Delawarwe North Cos., will be workinyg with the Travel Channel to brinhg some retail outlets to select airports. The exacrt number of outlets and locations is stillobeing determined. The deal is the latesty in a series of retailing partnership s Delaware North has crafted for its airport operations inrecent years. Others included working with Los CoffeeBean & Tea Leafs, Sportsw Illustrated, Heineken and uWink.
“We take pride in partnerinvg with innovative brands like Travel Channel to continuallyy evolve the airportretail experience,” said Bob Stanton, Delaware North Travel Hospitality Serviced vice president. The Travel Channell stores will feature a wide variety of merchandise much of it related to programming from the popular cableTV network. “Partnering with Delaware North to createTravel Channel-brandedx retail locations presents a greay opportunity for us to builf our brand presence and engage travelersa with our entertaining contenf as they embark on their said Pat Younge, president and general manager.
Delaware Nortjh Travel Hospitality Services handles retail and concessiom operations at more than 25 airports including Buffalo NiagarsaInternational Airport.
Monday, September 19, 2011
Carolinas HealthCare reduces 1Q loss - Triangle Business Journal:
gonyzyf.wordpress.com
Investment losses for the latest quarter totalednearlt $101 million. Chief Financial Officer Greg Gombar anticipates gainzs in the financial markef in April and May will erasethoss losses. Carolinas HealthCare uses investment earningse forcapital expenditures. That money is not used for dailgy operations. The health-care system hopes negotiations with several lenderw will cut its interest expenses tied to variabl debt andhigher bank-liquidity fees. Those fees are abouft $1 million per Interest expenses in the first quartertwere $21.8 million.
From an operational standpoint, Carolinasz HealthCare had a strongfirstg quarter, says Russ Guerin, executivee vice president for businessw development and planning. Net operating revenue climbed 8.6 percentt to $1.2 billion systemwide. Operatinf income exceeded $24.5 million. The health-care systemj saw adjusted discharges — a calculation that gauges patienfactivity — climb 5.2 percent from a year Growth within the health-care system and expense management “is the primary driver why we’re abovse budget significantly,” Guerin says.
Carolina s HealthCare spent morethan $106 millio on capital projects in the first Projects include new operating rooms at CMC-NorthEas and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospita l at CMC-Lincoln and construction of health-care pavilions in Steelew Creek and Waxhaw, which will include free-standing emergench departments. Challenges in the cominb months include managingthe system’s growing bad-debtr and charity-care costs, reducing interest expensea and preparing for a possibles state cut in Medicaid funding, Gombard says. Bad-debt costs were 12 perceng over budget during thefirstt quarter, topping $48 million in the first quarter.
During the same period last year, bad debt was aboutg $43 million. The health-care system spent more than $770 millionb in community carein 2008, including bad charity care and subsidizing Medicarw and Medicaid. That equals 18.8 percenr of the health-care system’s net operating revenue. ”It’s a trends everybody’s seeing across the country,” Gombar says. “We can’g control how many people are how many people show up at our doorwithoutg insurance.” North Carolina’s budget woes could results in a cut of up to 15 percenft for Medicaid. That could equate to $36 million in annualo losses forCarolinas HealthCare.
“Medicaisd cuts are the worst economic benefiy cut the statecan make,” Gombad says. “It’s painful.” Says Guerin: “It raises prices for those whodo pay. It makes no good business sense to do Gombar says every dollar cut from Medicaideliminatees $4 from the economy. Carolinas HealthCare is the larges health-care system in the Carolinas andthe third-largesrt public system in the nation. The system leases or manages 25 hospitals. It has more than 40,00 0 full- and part-time employees.
Investment losses for the latest quarter totalednearlt $101 million. Chief Financial Officer Greg Gombar anticipates gainzs in the financial markef in April and May will erasethoss losses. Carolinas HealthCare uses investment earningse forcapital expenditures. That money is not used for dailgy operations. The health-care system hopes negotiations with several lenderw will cut its interest expenses tied to variabl debt andhigher bank-liquidity fees. Those fees are abouft $1 million per Interest expenses in the first quartertwere $21.8 million.
From an operational standpoint, Carolinasz HealthCare had a strongfirstg quarter, says Russ Guerin, executivee vice president for businessw development and planning. Net operating revenue climbed 8.6 percentt to $1.2 billion systemwide. Operatinf income exceeded $24.5 million. The health-care systemj saw adjusted discharges — a calculation that gauges patienfactivity — climb 5.2 percent from a year Growth within the health-care system and expense management “is the primary driver why we’re abovse budget significantly,” Guerin says.
Carolina s HealthCare spent morethan $106 millio on capital projects in the first Projects include new operating rooms at CMC-NorthEas and Carolinas Medical Center, an expansion of CMC-Pineville, a new hospita l at CMC-Lincoln and construction of health-care pavilions in Steelew Creek and Waxhaw, which will include free-standing emergench departments. Challenges in the cominb months include managingthe system’s growing bad-debtr and charity-care costs, reducing interest expensea and preparing for a possibles state cut in Medicaid funding, Gombard says. Bad-debt costs were 12 perceng over budget during thefirstt quarter, topping $48 million in the first quarter.
During the same period last year, bad debt was aboutg $43 million. The health-care system spent more than $770 millionb in community carein 2008, including bad charity care and subsidizing Medicarw and Medicaid. That equals 18.8 percenr of the health-care system’s net operating revenue. ”It’s a trends everybody’s seeing across the country,” Gombar says. “We can’g control how many people are how many people show up at our doorwithoutg insurance.” North Carolina’s budget woes could results in a cut of up to 15 percenft for Medicaid. That could equate to $36 million in annualo losses forCarolinas HealthCare.
“Medicaisd cuts are the worst economic benefiy cut the statecan make,” Gombad says. “It’s painful.” Says Guerin: “It raises prices for those whodo pay. It makes no good business sense to do Gombar says every dollar cut from Medicaideliminatees $4 from the economy. Carolinas HealthCare is the larges health-care system in the Carolinas andthe third-largesrt public system in the nation. The system leases or manages 25 hospitals. It has more than 40,00 0 full- and part-time employees.
Saturday, September 17, 2011
North Shore life sciences incubator wins grant - Boston Business Journal:
lehoquvuhu.wordpress.com
has received a $50,000o planning grant from the . The MTC’s grantg will help the newly incorporatecd fund a feasibility study as well as an analysise of other area lifesciences incubators. The will designh the study and play a role inthe Accelerator’ business plan development. Houseds in Beverly’s Cummings Center, the incubatod hopes to provide early stage biotechnology and medicaol device firms subsidizedlaboratory space, equipment, professional services, mentotr and investor access in hopesd that the company would remaim on the North Shore once graduatingf from the incubator.
“Building upon existing industry clusteres is an effective way to strengthen a regionapl economy and the proposed Accelerator in Beverly is designed to do just saidstate Rep. Mary Grant of Beverly, in a “The Cummings Center in Beverlg is already host to 30 lifesciencez companies, and the Accelerator will attract othersa and strengthen our regional life sciences cluster.” The Acceleratod will be chaired by CEO Harry McCoy and forme r fellow Martha Farmer will assume the role as presidengt of the Accelerator.
has received a $50,000o planning grant from the . The MTC’s grantg will help the newly incorporatecd fund a feasibility study as well as an analysise of other area lifesciences incubators. The will designh the study and play a role inthe Accelerator’ business plan development. Houseds in Beverly’s Cummings Center, the incubatod hopes to provide early stage biotechnology and medicaol device firms subsidizedlaboratory space, equipment, professional services, mentotr and investor access in hopesd that the company would remaim on the North Shore once graduatingf from the incubator.
“Building upon existing industry clusteres is an effective way to strengthen a regionapl economy and the proposed Accelerator in Beverly is designed to do just saidstate Rep. Mary Grant of Beverly, in a “The Cummings Center in Beverlg is already host to 30 lifesciencez companies, and the Accelerator will attract othersa and strengthen our regional life sciences cluster.” The Acceleratod will be chaired by CEO Harry McCoy and forme r fellow Martha Farmer will assume the role as presidengt of the Accelerator.
Thursday, September 15, 2011
Report: Foreclosures are top sellers - St. Louis Business Journal:
bestimmung-amendments.blogspot.com
said banks that are willing to deal on foreclosed units are drivinh the firstquarter activity. For example, Shoms at Keys Cove in south Miami-Dade Countgy sold the most, with 50 units closing in the firstr quarter. The Vue at Brickelpl sold 25 condos, rankingf it seventh on CondoReports.com’ top-10 list. “Man y banks have taken ownership of unit s in these buildings and are lookinf toget out,” said Adam Cappel, president of “Banks, either through short sales or unitsd they own as a result of are the most active sellere in today’s market as they are willing to accept markegt prices.
” The 10 most active buildings produced an average of 29 or one sale ever y three days. The buildingsd accounted for more than 11 percent of all condko salesin Miami-Dade, according to a CondoReports.comm news release. Most of the activity is tied to individuaunit sales, and not bulk buys, Cappel “These buildings are moving toward stability as speculative investors and thinly capitalized owners are beinb replaced with either owner-occupant or well-capitalized, patienr investors buying in at a much lowere cost,” Cappel said in the “Most are individual unit sales. The study lookedf at closed salesin 2,000 condol projects with at least 50 unitsw throughout Miami-Dade.
The study excluded units delivered in 2008 and 2009 becausre those sales were likely drivemn bypreconstruction contracts, Cappel said.
said banks that are willing to deal on foreclosed units are drivinh the firstquarter activity. For example, Shoms at Keys Cove in south Miami-Dade Countgy sold the most, with 50 units closing in the firstr quarter. The Vue at Brickelpl sold 25 condos, rankingf it seventh on CondoReports.com’ top-10 list. “Man y banks have taken ownership of unit s in these buildings and are lookinf toget out,” said Adam Cappel, president of “Banks, either through short sales or unitsd they own as a result of are the most active sellere in today’s market as they are willing to accept markegt prices.
” The 10 most active buildings produced an average of 29 or one sale ever y three days. The buildingsd accounted for more than 11 percent of all condko salesin Miami-Dade, according to a CondoReports.comm news release. Most of the activity is tied to individuaunit sales, and not bulk buys, Cappel “These buildings are moving toward stability as speculative investors and thinly capitalized owners are beinb replaced with either owner-occupant or well-capitalized, patienr investors buying in at a much lowere cost,” Cappel said in the “Most are individual unit sales. The study lookedf at closed salesin 2,000 condol projects with at least 50 unitsw throughout Miami-Dade.
The study excluded units delivered in 2008 and 2009 becausre those sales were likely drivemn bypreconstruction contracts, Cappel said.
Monday, September 12, 2011
Crosscheck to acquire Forum Systems - Boston Business Journal:
ramoledef.blogspot.com
The Waltham, Mass., Web-services company will blen Newton, Mass.-based Forum Systems’ serviced into Crosscheck’s offerings to better assist companiesz building andimplementing software-as-a-service business applications. Mahmoonn Yunus, former Forum Systems president and chieftechnologyg officer, will run Crosscheck Networks as president and CEO. Forum Systemd will operate as a wholly owne subsidiary run by vice president of operationsRizwan Mallal.
Forum Systems will move to Walthamm and the combined compan y will employ about40 “This acquisition is the natural progression of the relationshipo between our companies and addresses the changingt requirements of customers,” Mallal said in a statement. more than ever in these difficulteconomic times, organizationa are seeking competitive By facilitating more collaborative, interoperable and automated processes, we are helpingb enterprises compress project timelines, reducer time-to-market and ultimately publish their services more quicklt than ever before.
”
The Waltham, Mass., Web-services company will blen Newton, Mass.-based Forum Systems’ serviced into Crosscheck’s offerings to better assist companiesz building andimplementing software-as-a-service business applications. Mahmoonn Yunus, former Forum Systems president and chieftechnologyg officer, will run Crosscheck Networks as president and CEO. Forum Systemd will operate as a wholly owne subsidiary run by vice president of operationsRizwan Mallal.
Forum Systems will move to Walthamm and the combined compan y will employ about40 “This acquisition is the natural progression of the relationshipo between our companies and addresses the changingt requirements of customers,” Mallal said in a statement. more than ever in these difficulteconomic times, organizationa are seeking competitive By facilitating more collaborative, interoperable and automated processes, we are helpingb enterprises compress project timelines, reducer time-to-market and ultimately publish their services more quicklt than ever before.
”
Saturday, September 10, 2011
CEO Hanway stepping down at Cigna - New Mexico Business Weekly:
xosawewaqa.wordpress.com
The Philadelphia-based company said Hanway, 57, has led the company for a He will be replaced as CEO by Cign a President and Chief Operating OfficeeDavid M. Cordani, 43. Cordani will not be as the company has decided to separate the chairmahn andCEO positions. Independent director Isaiah Harrisw Jr. will be non-executived chairman. Cigna said it has been planninfa “disciplined and comprehensive succession process” for a Cordani joined Cigna in 1991 and prior to his appointment as president of Cigna HealthCare in served as president of Health Segmentzs for Cigna HealthCare and as senior vice president and chief financial office r of Cigna HealthCare.
He also serves as controller for the company and as presidentr of theHealthCare unit’s southeast Prior to joining the Cordani was with a predecessor firm of Cordani serves on boards of directorz for the National Association of Manufacturers, the Connecticutt Business and Industry Association, and the Cignq Foundation. He holds a bachelor’s degree in science from Texas A&M Universityu and graduated witha master’s degrere in business administration from the University of Cordani also is a chartered financial consultan and a certified public accountant. Harris, 56, has been a directort of the companysince 2005.
He held numerous executived positions with oversight responsibilities for various finance and operational functions atBellSouth (now part of AT&T) untill 2007, including as president and chief executiv e officer of BellSouth Advertising and Publishinb Group and as chief financial officer of BellSoutb Telecommunications Inc. Harris previously served as vice president and corporate controller ofSupervalu Inc. and also spenft 13 years with KPMG as a certifiedpublivc accountant. Harris is currently a director of Deluxe and an independent trustee of Wellsw FargoAdvantage Funds. Hanway was namex chairman and chief executive office of Cignain 2000.
Prior to that, he served the companyh as president and chief operating officerr and held a numbe r of management andexecutive roles. Hanway joined a predecessor to Insurance Co. of North America, in 1978 as assistanf controller. That company merged in 1982 with Connecticut Genera toform Cigna.
The Philadelphia-based company said Hanway, 57, has led the company for a He will be replaced as CEO by Cign a President and Chief Operating OfficeeDavid M. Cordani, 43. Cordani will not be as the company has decided to separate the chairmahn andCEO positions. Independent director Isaiah Harrisw Jr. will be non-executived chairman. Cigna said it has been planninfa “disciplined and comprehensive succession process” for a Cordani joined Cigna in 1991 and prior to his appointment as president of Cigna HealthCare in served as president of Health Segmentzs for Cigna HealthCare and as senior vice president and chief financial office r of Cigna HealthCare.
He also serves as controller for the company and as presidentr of theHealthCare unit’s southeast Prior to joining the Cordani was with a predecessor firm of Cordani serves on boards of directorz for the National Association of Manufacturers, the Connecticutt Business and Industry Association, and the Cignq Foundation. He holds a bachelor’s degree in science from Texas A&M Universityu and graduated witha master’s degrere in business administration from the University of Cordani also is a chartered financial consultan and a certified public accountant. Harris, 56, has been a directort of the companysince 2005.
He held numerous executived positions with oversight responsibilities for various finance and operational functions atBellSouth (now part of AT&T) untill 2007, including as president and chief executiv e officer of BellSouth Advertising and Publishinb Group and as chief financial officer of BellSoutb Telecommunications Inc. Harris previously served as vice president and corporate controller ofSupervalu Inc. and also spenft 13 years with KPMG as a certifiedpublivc accountant. Harris is currently a director of Deluxe and an independent trustee of Wellsw FargoAdvantage Funds. Hanway was namex chairman and chief executive office of Cignain 2000.
Prior to that, he served the companyh as president and chief operating officerr and held a numbe r of management andexecutive roles. Hanway joined a predecessor to Insurance Co. of North America, in 1978 as assistanf controller. That company merged in 1982 with Connecticut Genera toform Cigna.
Thursday, September 8, 2011
Jillian A.S. Roman Appointed Co-Liaison Counsel In In re Pelvic Mesh/Gynecare ... - PR Web (press release)
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Jillian A.S. Roman Appointed Co-Liaison Counsel In In re Pelvic Mesh/Gynecare ... PR Web (press release) Cohen, Placitella & Roth, PC announces that attorney Jillian AS Roman was appointed Co-Liaison Counsel in the consolidated In re Pelvic Mesh Litigation, which is currently underway in New Jersey state court. Cohen, Placitella & Roth is pleased to ... Jillian A.S. Roman Appointed Co-Liaison Counsel In In re Pelvic Mesh/Gynecare ... |
Tuesday, September 6, 2011
Amazon steps up social media efforts - Reuters
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Reuters | Amazon steps up social media efforts Reuters SAN FRANCISCO (Reuters) - Amazon.com Inc is stepping up social media efforts after the largest Internet retailer partially missed one of the hottest technology trends of recent years. Amazon hired a director of social media, ... |
Sunday, September 4, 2011
Saad Group Investment Unit Sues Founder Al-Sanea in London Court - Bloomberg
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Saad Group Investment Unit Sues Founder Al-Sanea in London Court Bloomberg The investment unit of Saad Group, a Saudi company whose businesses range from construction to health care, sued its billionaire founder Maan al-Sanea, one of Saudi Arabia's richest men, in a UK court. ... |
Friday, September 2, 2011
Sovereign
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“I’ve been on the operationalp side forfive years. I didn’tg want to manage people the rest ofmy life,” said who is in his 50s. He remaina chairman of the bank and its holding company and is spending an increasing amounrt of time communicatingwith Sovereign’es 450 shareholders. “When times get bad, shareholders becomw more interested intheir investment,” he said. Multiple sources who asked not to be identified said Salley was forcefd from his roleas CEO.
When asked abouyt the veracity of that version of Salley said: “That was kind of set,” adding that bank Presidenft and Chief Operating Officer Tom Mastor has been taking on more of the bank’s day-to-daty operations for the past 18 Salley has moved his officd out of Sovereign’s headquarters office in Far North Dallas. No one at Sovereigmn is taking on theCEO title, accordinfg to the bank. By moving out of the Salley said this allows Mastor and company to take full rein of the He has moved his office in with agroupo that’s involved with raising $100 million for the bank and a relaterd distressed-asset investment fund.
The bank is looking for additiona capital to acquire failed bankssin Texas. The fund, called Cogent Opportunity FundI LP, woulr be built around buying distressed assets from failer banks acquired by Sovereign. One-quarter of the $100 milliohn will go directly into the and theremaining three-quarters will be directe d to the fund, Salley said. “Myg goal as chairman is to go from $775 million (in totalo assets) to $2 billion,” Salley said. “Th best way to do that is to buyfailed banks.” Otherd principals in the Cogent fund include David formerly of Lone Star Funds, and Richard Hill of Hill Partnersz in Austin.
Active fundraising is set to begin in the next few Salley said. Sovereign’s strategy is a good one, but the Dallae bank isn’t the only one to put it in saidDan Bass, managing director of the Carson Medlin Co. investmentf bank. “It’s a good strateghy conceptually, but there’s a lot of competition,” he said. “There’x so much excess cash in the marketplace.” Salley and company started Sovereign Bank in 2004 aftef selling First Mercantile Bankto Alabama’s Colonialp Bank in December 2001 in a stock deal then valued at $67 Sovereign raised more than $30 milliojn in initial capitalization.
At the time, it was secondc only to Texas CapitalBank TCBI), which raised $80 million to start in 1998. Sovereigm had $774 million in total assets as ofMarcu 31, making it by far the largest Texaxs bank created in the past five years. Sovereign has 10 officesd — eight in Dallas-Fort Worth and two in the Austi area. The bank focusesx on midsized businesses and real estatesdevelopment projects. Despite headwinds in the Sovereign is still growing and remains In fact, the bank notes in a lettefr to shareholders that it finished 2008 as the largesr bank chartered in 2004 and the second-mosf profitable from that class.
Still, Sovereign has felt It produceda $321,000 profiyt in the first quarter, down from $445,000p in the first quarter of 2008. For all of the bank produced a $1.7 million profit. Sovereigj has been profitable since 2006.
“I’ve been on the operationalp side forfive years. I didn’tg want to manage people the rest ofmy life,” said who is in his 50s. He remaina chairman of the bank and its holding company and is spending an increasing amounrt of time communicatingwith Sovereign’es 450 shareholders. “When times get bad, shareholders becomw more interested intheir investment,” he said. Multiple sources who asked not to be identified said Salley was forcefd from his roleas CEO.
When asked abouyt the veracity of that version of Salley said: “That was kind of set,” adding that bank Presidenft and Chief Operating Officer Tom Mastor has been taking on more of the bank’s day-to-daty operations for the past 18 Salley has moved his officd out of Sovereign’s headquarters office in Far North Dallas. No one at Sovereigmn is taking on theCEO title, accordinfg to the bank. By moving out of the Salley said this allows Mastor and company to take full rein of the He has moved his office in with agroupo that’s involved with raising $100 million for the bank and a relaterd distressed-asset investment fund.
The bank is looking for additiona capital to acquire failed bankssin Texas. The fund, called Cogent Opportunity FundI LP, woulr be built around buying distressed assets from failer banks acquired by Sovereign. One-quarter of the $100 milliohn will go directly into the and theremaining three-quarters will be directe d to the fund, Salley said. “Myg goal as chairman is to go from $775 million (in totalo assets) to $2 billion,” Salley said. “Th best way to do that is to buyfailed banks.” Otherd principals in the Cogent fund include David formerly of Lone Star Funds, and Richard Hill of Hill Partnersz in Austin.
Active fundraising is set to begin in the next few Salley said. Sovereign’s strategy is a good one, but the Dallae bank isn’t the only one to put it in saidDan Bass, managing director of the Carson Medlin Co. investmentf bank. “It’s a good strateghy conceptually, but there’s a lot of competition,” he said. “There’x so much excess cash in the marketplace.” Salley and company started Sovereign Bank in 2004 aftef selling First Mercantile Bankto Alabama’s Colonialp Bank in December 2001 in a stock deal then valued at $67 Sovereign raised more than $30 milliojn in initial capitalization.
At the time, it was secondc only to Texas CapitalBank TCBI), which raised $80 million to start in 1998. Sovereigm had $774 million in total assets as ofMarcu 31, making it by far the largest Texaxs bank created in the past five years. Sovereign has 10 officesd — eight in Dallas-Fort Worth and two in the Austi area. The bank focusesx on midsized businesses and real estatesdevelopment projects. Despite headwinds in the Sovereign is still growing and remains In fact, the bank notes in a lettefr to shareholders that it finished 2008 as the largesr bank chartered in 2004 and the second-mosf profitable from that class.
Still, Sovereign has felt It produceda $321,000 profiyt in the first quarter, down from $445,000p in the first quarter of 2008. For all of the bank produced a $1.7 million profit. Sovereigj has been profitable since 2006.
Tuesday, August 30, 2011
William McGirt: The face of the PGA Tour playoffs, the example of how to ... - Washington Post
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William McGirt: The face of the PGA Tour playoffs, the example of how to ... Washington Post By AP, NORTON, Mass. รข€" For a guy who grew up in the South, the happiest times for William McGirt are coming to Boston. This is where McGirt and his wife, Sarah, decided to spend their honeymoon seven years ago when he was just starting out a career in ... |
Sunday, August 28, 2011
Colorado skier visits down 5.5% for the season - Orlando Business Journal:
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percent from last year, reported But the state’s ski resorts had an uptic in visits by FrontRange residents, and Melanise Mills, Ski Country’s president and CEO, pronounced herselfc “very happy with where visitatioj is for this season.” “The travel industry as a whold was put to the test this past Mills said in a statement. “But visitation numbers show not only the endurinf value of a Colorado ski but the strong commitment our residenyt skiing and riding community has toour state’es signature sports.” Ski Country is a marketing and trade group for 22 Colorado mountain resorts. Thoser member resorts alone recorded 6.
79 million skierr visits this season, down 6.9 percent from the previousz year, Ski Country said. Memberr resort numbers for 2008-09i were down 3.9 percen t from the average of the last five SkiCountry said. Ski Country said that in-statre resort visits were up 2.5 percent over last as Front Range residentsa took advantage of bargainsa and stayed closer to home to keep down vacationj andrecreations costs. Ski areas operated by Broomfield-basecd aren’t members of Ski Country. Thoser resorts include Breckenridge, Vail, Beaver Creeko and Keystone. Vail Resortas last week said its total skiere visits at all itsresorts — including Heavenlhy in California-Nevada — were down 5.
3 percent from the previoue season.
percent from last year, reported But the state’s ski resorts had an uptic in visits by FrontRange residents, and Melanise Mills, Ski Country’s president and CEO, pronounced herselfc “very happy with where visitatioj is for this season.” “The travel industry as a whold was put to the test this past Mills said in a statement. “But visitation numbers show not only the endurinf value of a Colorado ski but the strong commitment our residenyt skiing and riding community has toour state’es signature sports.” Ski Country is a marketing and trade group for 22 Colorado mountain resorts. Thoser member resorts alone recorded 6.
79 million skierr visits this season, down 6.9 percent from the previousz year, Ski Country said. Memberr resort numbers for 2008-09i were down 3.9 percen t from the average of the last five SkiCountry said. Ski Country said that in-statre resort visits were up 2.5 percent over last as Front Range residentsa took advantage of bargainsa and stayed closer to home to keep down vacationj andrecreations costs. Ski areas operated by Broomfield-basecd aren’t members of Ski Country. Thoser resorts include Breckenridge, Vail, Beaver Creeko and Keystone. Vail Resortas last week said its total skiere visits at all itsresorts — including Heavenlhy in California-Nevada — were down 5.
3 percent from the previoue season.
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