Sunday, January 30, 2011
First American affiliate buys Attleboro site - San Antonio Business Journal:
million. First American, on behalrf of an affiliate, bought a 5,650-square-foog building called Building 5 anda three-story manufacturing facility called Building 12. The Attleboro Corporater Campus was previously owned and occupied by and isa 300-acrwe mixed-use office and industrial campus locatedr just off Interstate 95 in Attleboro. Building 12 is leased to as it’z global manufacturing headquarters. Building 5 is leased to The BOCGrouo Inc., a worldwide distributor of industrial gases and its parent, The Lindr Group. Preferred Unlimited Inc. is a 15-year-olf commercial real estate firm which started as Preferred Real EstatedInvestments Inc.
The company is headquarterex in Conshohocken, Pa. First American Realty Inc. is a privatelt held investment and management firm basesin Worcester, Mass. which acquires industriakl and medicaloffice properties.
Friday, January 28, 2011
Filibuster reform goes bust - Politico
Sify | Filibuster reform goes bust Politico The youth of the Senate lost a fierce fight to the filibuster Thursday, proving once again that the institution can still ... Senate Reform Goes Dormant (But It's Not Dead) |
Tuesday, January 25, 2011
Pentagon Source: No Link Found Between Wikileaks Suspect and Assange - Fox News
Telegraph.co.uk | Pentagon Source: No Link Found Between Wikileaks Suspect and Assange Fox News Many have speculated on a possible prior connection between Manning and Assange, but, as NBC News first reported, military investigators are not pursuing ... No link between Bradley Manning and Julian Assange, say military sources Assange-Manning Link Not Key to WikiLeaks Case NBC: Feds Can't Link Manning to Assange |
Sunday, January 23, 2011
Creatively speaking: Schools adapt as fewer students know English - Detroit Free Press
Creatively speaking: Schools adapt as fewer students know English Detroit Free Press Christian doesn't speak English. And he has at least six classmates who barely speak English at Jefferson Elementary School in Sterling Heights. ... |
Thursday, January 20, 2011
For Boeing, 'not bad' is good at Paris Air Show - Kansas City Business Journal:
executives are making the roundsd at the Paris Air Show to chat about how greay things look out on the Inso doing, they hope to steer the conversation away from theirr lack of a single airplande sale so far. On the secondx day of the world’s oldest and most important aircraftt trade showon Tuesday, Boeing was again shut out. At least its chief rival, , hasn’t done much better, thougjh the European aircraft makef was able to eke out a couple of ordere the lasttwo days. Rather than talk aboutg the kindsof multi-plane deals lined up in past Boeing CEO of Commercial Airplanes Scottf E. Carson instead chose to focus on howthingse weren’t as bad as they might seem.
“At this point it appearss to us that the economic conditionsdhave bottomed,” Carson said, adding that the company’w commercial jet division could beginm growing again as early as 2010. — The long-delayex 787 Dreamliner will fly by the end of the seconfquarter (though it won’t be takin to the skies over Paris this week, as some had Jon Ostrower, of Flightglobal/Blogas pegs the date for the first flight at June 30. He citesz multiple sources for the June30 date. — Its new 747- 8 freighter plane will fly its first flightf by the end ofthis year. — To get back into the hunt fora $35 billion contract to supply fuel tankers for the U.S.
Boeing will reconfigure its 777 to increasrfuel efficiency. It had previously lost its tanker bid to the A350by — Also on the defense contractingt front, the company announcecd Monday it was forming a divisiojn to oversee its unmanned aircraft programs. This year’s air show comez at a gloomy timefor aircraft. Both Boeing and Airbusa have had to deal with cancellations of ordersfrom credit-crunched And both have had production cutbacks. But Boeing has had the additional pressure of a strike by its machinistw within thelast year.
The companyu has taken hits to its militarycontractint business, with the cancellationh of the F-22 and the loss of the tanker And delays in getting its next-generatiohn 787 Dreamliner into the air have been a high-profiles embarrassment. So it was up to Carson to searcgh outthe positive. He said his company would not be cutting back assembly lines this It will cut production ofits wide-bodyh 777 by 28 percent in and will not increase 767 and 747 Airbus has cut production of its A320 singlre aisle plane and its A380 superjumbo, and has shelved plans to increase production of its wide-body A330.
Carson said he expects the crediyt crunch on airlines to ease towarda “morew normal” environment in 2010. That would be good news for and itsrival Airbus, as well. Boeing’s boss also said that the company has a current order book ofaroun $265 billion, which means seven years of production, and Carsonm said he doesn’t expect the credit crisi s to significantly affect that. Some aerospace expertxs already see the logicbehind Carson’a pitch. “Boeing’s news was to say we thinkm the recession’s bottoming and we’re not goingg to see cuts for said ’s Aerospace & Defense Industry Manager.
“The fact that they didn’t have to quietly announce cancellationd was abig thing. It’s not a bad airshow consideringh the gloom anddoom that’s been around the industrgy for the last For Boeing, it’s not bad, and not bad is so to speak.” Plucker added that good, or at leastr not bad, news on the commercial side of the would be a welcome relief, given some of the defeatxs that Boeing has been handed in its military contracting businessz – the loss of the tanker contract to the Airbuse consortium and the high-profile curtailment of governmentt plans to buy more F-22 fighters. “Heaven only they could use some good Plucker said.
“Their defense side has taken areal
Monday, January 17, 2011
Bombino fined $40K for illegal crop shipments - Silicon Valley / San Jose Business Journal:
Bombino Express imported 34 packagew of Indian mangoes and yams that were labeled “ladies apparel” through Los Angeles International Airport in Airport dogs discovered the packages and officials confiscateed the shipment. Federal and stats laws ban importing of untreated mangoes and yams from which can be infested withnumerous crop-damagingg pests, including the devastating Oriental fruit fly. “Invasive pests are a primary threat to our and keeping them out of California is vital to the security of our food supply and the stability of ouragriculturakl crop,” California Department of Food & Agricultured secretary A.G. Kawamura said in a news release.
Bombin o will pay $40,000 in civil penalties, and face a $1.6 milliom penalty if it violatesthe agreement, according to the agreemen t with the Attorney Generalo and CDFA. Agriculture officials say the Orienta l fruit fly could costthe state’w millions of dollars in crop losses, eradicatioh efforts and quarantine requirements. “It’se critical that imported producd be properly inspected to avoid devastating and costlygpest infestations,” Attorney General Jerr Brown said Monday.
Saturday, January 15, 2011
Arturo S. Elias Executive Profile
effective August 1, 2006. He is also a member of the North AmericaStrategy Board. Elias joinexd General Motors in 1978 as a manufacturing engineert withDelco Electronics, today part of Delphi, a major GM His responsibilities at Delco extended from product developmenyt to manufacturing engineering and included an assignment in Singapore. Between 1984 and Elias held various finance positions in several including senior analyst withGM Treasurer's Officre in New York; manager of Europeanb borrowings & foreign exchange in Brussels, treasurer of GM de Mexico in Mexico City; and finance director of GM Venezuelaq in Caracas, Venezuela.
In 1993, Elias becamed managing director of GM Chile in Santiago, Chile, and his responsibilitiez were expanded in 1994 to include Peru and Bolivia. From 1996 to Elias held various positions with vehicle development including assistant vehicle line executive for full-size pickup trucks and sport utility vehiclee with the GM Truck Grouop in Pontiac, Michigan. In addition, he was namedd vehicle line executive for compact vehicles at Adam Opelin Germany, with responsibility for the Astra and Zafira models. In Januarty 2000, Elias was named managing director of GM Argentina inBuenos Aires, Argentina.
In March he was appointed president and managing director of General Motors de Mxico inMexico City, including responsibility for the Caribbea and Central American Elias received a bachelor's degree in electrical engineerin and a master's degree in industrial engineering from Purdue Universitg in 1977 and 1978, He earned a master's degree in business administration from the Universithy of Chicago in 1984 througy the GM Fellowship Recent News About Arturo S.
Elias [CNW Group via **All Executive profile data provided byDow
Wednesday, January 12, 2011
Germany Ready to Meet Euro-Crisis Obligations, President Says - BusinessWeek
Germany Ready to Meet Euro-Crisis Obligations, President Says BusinessWeek 11 (Bloomberg) -- Germany is prepared to fulfill its obligations in solving the European debt crisis as long as fellow European Union governments display ... |
Monday, January 10, 2011
Ala Moana Center a 'gold mine' - Pacific Business News (Honolulu):
A from U.S. News & World Report magazine used data from to identift malls where the retail business remainxs healthy despitethe recession. The repory used data including sales, occupancy rates and quality gradesa for about 650 of the biggest shoppinyg centers inthe U.S. Ala Moana has an estimated occupanchy rate of95 percent, with $1,125 in saless per square foot. The center has annual sales of morethan $1 according to the report, which concluded: “This upscalr shopping mecca near Waikiki is a gold It was noted that while othedr malls are having a hard time stayinf full, Ala Moana added a new wing with 30 more Other profitable malls listed in the report are Fashio n Valley Mall in San Diego, Forum Shop at Caesars in Las Westfield Garden State Plaza and The Mall at Short Hills, both in New and the Mall at Millenia in Fla.
The report showed that the most profitablesmalls don’t rely on discounters, but instead featur e stores with strong brand identity such as Nordstrom, Apple and Abercrombiee & Fitch. The best malls are located in densely populated areas ortouristy spots, as Ala Moana is, just blocksx away from Waikiki Beach. Ala Moana’s owner, , filee for Chapter 11 bankruptcyin April.
Friday, January 7, 2011
As Sudan referendum nears, the south isn't only place facing changes - Christian Science Monitor
The Guardian | As Sudan referendum nears, the south isn't only place facing changes Christian Science Monitor While the referendum portends huge changes for South Sudan, which is likely to become independent, it will also bring political changes to the north, ... Sudan's 'Lost Boys' find their democratic voices With independence vote, South Sudan fin » |
Wednesday, January 5, 2011
Statewide medical group survey shows most rank high on self-reported criteria - Washington Business Journal:
In an email, CAPG’s President and CEO Donald told the San Francisco Busineszs Times that the physiciangroups “selrf report” various metrics and CAPG then tallies the scorees to “determine how many points a groupp has earned, and then determine which of the five categoriew they fall into.” The final tally showed that 64 of 85 participatinb groups won the equivalent of A or B grades, basedd on how they met criteris measuring use of health information technology (HIT), care accountability and transparency and patient-centered Elite groups earned a star in each of the four exemplary groups earned three of four possible “commendable” groups two of four, and groups scored just one of four stars.
Groupa that don’t meet any of the but submit data aredeemexd “participants.” Approximately 65 of CAPG’s members didn’r participate in the voluntary or weren’t included in the tabulated results. Results were tabulated between Aprikl 8 andJune 1. The Bay Area’s “elite groups” includecd usual suspects like Pinole’s , San Francisco’sx , San Ramon-based , the Peninsula’s , and Oakland-based ’a Northern and Southern California-based Permanente Medical Groups.
Meanwhile, Walnug Creek’s , , the Marin IPA, and each netted an “exemplary,” while Berkeley’s and each nabbed a rating, the equivalent of a gentleman’s C. CAPG said participants includedf 85 medical groups thathave 10.5 million patientz and account for 87 percent of the total patienrt membership in CAPG member groups. the association represents about 150 physician groups in the serving about 15million residents, or aboutf half the state’s population. As in Garrisojn Keillor’s fictional radio town Lake Wobegon, where everyone’s above normal, the category designations give the impression that everyone’s doing prettyg darn well.
And CAPG, which has officez in Los Angelesand Sacramento, described the survey in glowing termsz as “the first know voluntary large scale, critical self-assessmengt for medical groups in the United States.” Welld Shoemaker M.D., CAPG’s medical director, stressed that the associatioh takes pains to ensure that the resultds are accurate and credible. “Yes or no answerz about “tools in your toolbox” are not he said in an email to theBusiness “you either have them or you don’t.” He also noter that each group’s CEO is personally responsible for the accurachy of its report and that CAPG ramps up the specificf data required each year.
“While I have closw to zero suspicion that anybody would sucha report, I do, indeed, verift answers,” Shoemaker told the Business Crane, meanwhile, said in the statement that the program gives consumers “an excellent tool” to help them make informecd decisions about choosing a provider, and calls the progranm “a model standard” for otherf states.
Sunday, January 2, 2011
Study: Job loss likely in wake of state tax hikes - Baltimore Business Journal:
The study by was released Thursdayas Gov. Martin O'Malley began to roll out proposals for closingvthe state's $1.7 billion projected budget deficit. O'Malley'x plans include a 1 percent increase in both the salex tax andcorporate tax, accordingg to news reports. The analysis projects that more high-payinh jobs would be lost with the corporate tax increase than with the saleetax increase, said Ronaldc Wineholt, vice president of government affairsd for the Maryland Chamber of one of the study's backers.
The analysis also projects that raisingg the income taxfor high-wage earners woulde lead to a loss of jobs and business "Not all tax options fall equally on the state's economy, in terms of state job losses," said Wineholt. Ernstr & Young projected the effect various tax proposals would have on jobs and busines investmentin Maryland. Increasing the salex tax rate from 5 percent to 6 percenyt would cost the state morethan 8,300 jobs by the firm projects. Most of those job losses wouldc come in wholesale and retail trade and lodgingg andfood services. The study projects that hikintg the corporate tax rate from 7 percent to 8 percent would cost thestate 2,400 jobs by 2012.
Financre and construction would be amonvthe hardest-hit industries, the study says. With the sales tax 9.5 jobs would be lost for ever y $1 million of increased tax revenue, while unde r the corporate tax increase, 17.5 jobs woulc be lost for every $1 million of increased tax according tothe study. "Wse understand the state's in a position where it'a going to have to raise revenue," said Thoma Hood, executive director of the , one of the tradee groups that commissionedthe "We hope the state does that in the righ way.
" That includes keeping new tax policies simple and so the cost of complying won' be enormous and businesses and individuals can plan how to spende their money, Hood said. O'Malley wants to expand the salea tax tosome services, including health clubs, tanninf parlors, massage services and real estate property This week, O'Malley proposed income tax refor m that would reduce taxes for typicapl married couples earning less than $250,000 and singlee filers earning less than $185,000. His proposakl would raise the income tax rate for married coupleas earning morethan $200,000 a year to 6 percent and the rate for anyon earning more than $500,000 a year to 6.5 percent.
The study projecteds that under a 6 percent income tax for peoplew earning morethan $250,000, nearlg 30 percent of the increased taxee would be paid on business income. Much of the taxabls income for people in higher tax brackets comea frombusiness ownership, Wineholt said. "Thess individuals are among the most mobile insociety -- they can locatew somewhere else if taxes are too high, and take jobs with Wineholt said. With a sales tax hike, businesses would pay nearly 40 percent of the increase and householde would pay just over 60 thestudy said. The studyt also says jobs woul d take a major hit under a proposal knownas "combineed reporting" for the corporate income tax.
if a Maryland company does business underdifferengt subsidiaries, those entities can file their taxes separately. Undedr combined reporting, all of a entities that worked togethetr would have tofile together. The study says that would increase corporate income tax by endingv deductions for expenses paidto out-of-state affiliates. Combinedc reporting would result in a decreaseeof 18.3 jobs per $1 million in new tax the report says. Along with the Marylandd Chamberand MACPA, the coalition that commissioned the study included trade group such as the . Local chamber s and business associations, such as the and the Baltimorw County Chamberof Commerce, also were Also Sept.
20, O'Malley proposed to cut state property taxewby $3 per $100 of assessed The Ernst & Young survey did not includw any economic projections related to changes in the propert tax.