The Atlantic | Amnesia and the Self That Remains When Memory Is Lost The Atlantic To my amazement, he suggested that Pribram was overstating the connection between temporal-lobe memory and overall identity. Temporal lobe or not, you still like the same things, Tom argued -- your sensory systems aren't affected. If you're patient and ... |
Monday, December 31, 2012
Amnesia and the Self That Remains When Memory Is Lost - The Atlantic
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Friday, December 28, 2012
Coke to kick off FIFA trophy tour - The Business Journal of Milwaukee:
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The tour will take the solis gold trophy to86 countries, traveling 83,27r4 miles in 225 days. The trip begins 21 at FIFA headquartersin Switzerland, and ends in South Africa on May 4. Fans will get the chanced to enjoy arare close-up view of the authenti FIFA World Cup Trophy. Free tickets to the 2009/10o Trophy Tour will be made available to consumersvia Coca-Colaq promotions in countries on the route. Atlanta-based Coca-Colaa (NYSE: KO) has had a forma l association with FIFA since 1974 and an official sponsorshi of FIFA World Cupsince 1978. Coca-Cola has had stadiuk advertising at every FIFA Worlrd Cupsince 1950.
The , the , the and otherr interests are marshaling their energu behindthe U.S. Soccer Federation’s bid to hold the Worle Cup in 2018or 2022. It is likely or a replacement forthe 70,000-seat seat stadium.
The tour will take the solis gold trophy to86 countries, traveling 83,27r4 miles in 225 days. The trip begins 21 at FIFA headquartersin Switzerland, and ends in South Africa on May 4. Fans will get the chanced to enjoy arare close-up view of the authenti FIFA World Cup Trophy. Free tickets to the 2009/10o Trophy Tour will be made available to consumersvia Coca-Colaq promotions in countries on the route. Atlanta-based Coca-Colaa (NYSE: KO) has had a forma l association with FIFA since 1974 and an official sponsorshi of FIFA World Cupsince 1978. Coca-Cola has had stadiuk advertising at every FIFA Worlrd Cupsince 1950.
The , the , the and otherr interests are marshaling their energu behindthe U.S. Soccer Federation’s bid to hold the Worle Cup in 2018or 2022. It is likely or a replacement forthe 70,000-seat seat stadium.
Thursday, December 27, 2012
Pink magazine names former Best Buy exec among Top 15 women in business - Minneapolis / St. Paul Business Journal:
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This year’s list, which was titled “Glassx Breakers,” features 15 women from around the It appearsin Pink’s spring issue. “These Top 15 womenn have not taken theeasy path,” Pink Editor and CEO Cynthiwa Good said in a statement. “They serve as role modelsw for all business leaders who want to reacj back and help others achievetheidr potential.” Gilbert started WOLF — the Women’ss Leadership Forum — in while working at Richfield-based Best Buy (NYSE: The program helps companies build relationships with female employees and Gilbert spent eight years at Best Buy, most recentlyg serving as senior vice president.
She took a buyoutg earlier this year, opting to focus on WOLF full WOLF has offices in Minneapolis and New Prior to joiningBest Buy, Gilbert was a consultanrt at Deloitte for eight years. In additionh to Gilbert, the other women on this year’sw “Top 15 Women in Business” list are: Shaunna Black, Dallas-based Texas Instruments • LaVerne Council, New Brunswick, N.J.-based Johnsomn & Johnson; • Barbara Cowden, Ill.-based State Farm Mutual AutomobileInsurancr Co.; • Béatrice Guillaume-Grabisch, Atlanta-based The Coca-Cola Co.; Linda Heasley, Columbus, Ohio-based The Limitedd Stores; • Hala Moddelmog, Dallas-based Susan G.
Komen for the • Karen Peetz, New York-baesdx The Bank of New York • Laurie Robinson, New York-basecd CBS Corp.; • Elaine Sarsynski, Mass.-based Massachusetts Mutual LifeInsurance Co.; Ann Sherry, St. Leonards, Australia-based Carnivap Australia; • Laurie Tucker, Memphis, Tenn.-based FedExz Corp.; • Lisa Weber, New York-based Metlifre Inc.; • Amy Whitley, Atlanta-based UPS; • Virginia Wilson, Parsippany, N.J.-based Wyndham Worldwide Corp.
This year’s list, which was titled “Glassx Breakers,” features 15 women from around the It appearsin Pink’s spring issue. “These Top 15 womenn have not taken theeasy path,” Pink Editor and CEO Cynthiwa Good said in a statement. “They serve as role modelsw for all business leaders who want to reacj back and help others achievetheidr potential.” Gilbert started WOLF — the Women’ss Leadership Forum — in while working at Richfield-based Best Buy (NYSE: The program helps companies build relationships with female employees and Gilbert spent eight years at Best Buy, most recentlyg serving as senior vice president.
She took a buyoutg earlier this year, opting to focus on WOLF full WOLF has offices in Minneapolis and New Prior to joiningBest Buy, Gilbert was a consultanrt at Deloitte for eight years. In additionh to Gilbert, the other women on this year’sw “Top 15 Women in Business” list are: Shaunna Black, Dallas-based Texas Instruments • LaVerne Council, New Brunswick, N.J.-based Johnsomn & Johnson; • Barbara Cowden, Ill.-based State Farm Mutual AutomobileInsurancr Co.; • Béatrice Guillaume-Grabisch, Atlanta-based The Coca-Cola Co.; Linda Heasley, Columbus, Ohio-based The Limitedd Stores; • Hala Moddelmog, Dallas-based Susan G.
Komen for the • Karen Peetz, New York-baesdx The Bank of New York • Laurie Robinson, New York-basecd CBS Corp.; • Elaine Sarsynski, Mass.-based Massachusetts Mutual LifeInsurance Co.; Ann Sherry, St. Leonards, Australia-based Carnivap Australia; • Laurie Tucker, Memphis, Tenn.-based FedExz Corp.; • Lisa Weber, New York-based Metlifre Inc.; • Amy Whitley, Atlanta-based UPS; • Virginia Wilson, Parsippany, N.J.-based Wyndham Worldwide Corp.
Wednesday, December 26, 2012
Census of Agriculture forms being mailed to US farmers - In-Forum
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Census of Agriculture forms being mailed to US farmers In-Forum GRAND FORKS â€" If you're a farmer â€" or if the U.S. Department of Agriculture thinks you might be one â€" you'll soon be getting a questionnaire in the mail. The 2012 Census of Agriculture is being mailed to farmers nationwide. Conducted every five years ... Agriculture census countdown begins 2012 Census of Agricult ure now arriving in mailboxes across the US Extension Agent: 2012 census of agriculture coming soon |
Monday, December 24, 2012
Janelia Farm Research Campus to expand - Washington Business Journal:
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The plans call for the Chevty Chase nonprofit institute to build new temporart campus housing for graduate postdoctoral researchers and visiting scientists near the main entrancer of its first standaloneresearch campus, a 689-acrew expanse that opened three years ago as the first of its kind in Northern Virginia. The project, entailing 60 new one-bedroom apartments, is meant to help the researchb institute attract more scientific talenr from around the world toits 240-strongt staff.
“Graduate students and post docs are with us for a relativel y short period of time and they placse a high value on living close totheirt laboratories,” said Gerry Rubin, Janelia Farm’s director. This markds the first major expansion forJanelia Farm, toutes as a $500 million biomedical crown jewel for Norther Virginia, and a rare construction project in an otherwise gloomy commercial real estate market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-foog building, which will boasg the same curved shape as the flagship, glass-walled research building.
Ashburn-based Dietzw Construction Group willoversee construction, expectedr to begin this Labor Day weekend and be complete in a year’s time. The four-story building will include a ground flooe with common areas and covered parking for61 cars, all topped by threes residential floors. Each floor, incorporating natura light and loft-like configurations, will contain 20 one-bedroojm apartments, most including an additional den. They will join Janelisa Farm’s housing village, already composed of 21 studiozs and32 multi-bedroom apartments and by now fully occupieds by visiting staffers.
The institutee will charge the short-term residents rent to help covefr monthly expenses of thenew space. “Iyt is intended to break even,” said Avice Meehan, institutwe spokeswoman. “There’s no immediate plans for additionalphousing [after this project]. This will satisfy our need for some timeto come.” The Howard Hughes institut e has applied for up to $23 million in tax-exempgt bonds with the Loudoun County Industrial Development Authorith to finance the apartment building project and related costs -- an applicatiobn that must also go before the Loudounj County Board of Supervisors. With a $17.
45 billion endowment, Howard Hughed Medical Institutefunds long-term biomedical researcn by its 2,400 scientist employees or collaboratorsx nationwide, to the tune of $658 million last fiscal year Janelia Farm, anticipating to be fully staffed in the next two years, spent roughly $100 million on researcnh projects and operations last fiscalk year.
The plans call for the Chevty Chase nonprofit institute to build new temporart campus housing for graduate postdoctoral researchers and visiting scientists near the main entrancer of its first standaloneresearch campus, a 689-acrew expanse that opened three years ago as the first of its kind in Northern Virginia. The project, entailing 60 new one-bedroom apartments, is meant to help the researchb institute attract more scientific talenr from around the world toits 240-strongt staff.
“Graduate students and post docs are with us for a relativel y short period of time and they placse a high value on living close totheirt laboratories,” said Gerry Rubin, Janelia Farm’s director. This markds the first major expansion forJanelia Farm, toutes as a $500 million biomedical crown jewel for Norther Virginia, and a rare construction project in an otherwise gloomy commercial real estate market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-foog building, which will boasg the same curved shape as the flagship, glass-walled research building.
Ashburn-based Dietzw Construction Group willoversee construction, expectedr to begin this Labor Day weekend and be complete in a year’s time. The four-story building will include a ground flooe with common areas and covered parking for61 cars, all topped by threes residential floors. Each floor, incorporating natura light and loft-like configurations, will contain 20 one-bedroojm apartments, most including an additional den. They will join Janelisa Farm’s housing village, already composed of 21 studiozs and32 multi-bedroom apartments and by now fully occupieds by visiting staffers.
The institutee will charge the short-term residents rent to help covefr monthly expenses of thenew space. “Iyt is intended to break even,” said Avice Meehan, institutwe spokeswoman. “There’s no immediate plans for additionalphousing [after this project]. This will satisfy our need for some timeto come.” The Howard Hughes institut e has applied for up to $23 million in tax-exempgt bonds with the Loudoun County Industrial Development Authorith to finance the apartment building project and related costs -- an applicatiobn that must also go before the Loudounj County Board of Supervisors. With a $17.
45 billion endowment, Howard Hughed Medical Institutefunds long-term biomedical researcn by its 2,400 scientist employees or collaboratorsx nationwide, to the tune of $658 million last fiscal year Janelia Farm, anticipating to be fully staffed in the next two years, spent roughly $100 million on researcnh projects and operations last fiscalk year.
Sunday, December 23, 2012
Miami physician sentenced in Medicare fraud case - Pittsburgh Business Times:
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Rodriguez was indicted in , alonhg with two other doctoras in connection witha $10 milliom Medicare fraud scheme. He pleadedx guilty in to conspiracy to commit health care Rodriguez wasa co-owner of and physiciab at Midway Medical Center, a Miami clini c that purported to specialize in the treatmenrt of HIV patients, according to a news releass from the U.S. Department of He admitted that, while at he and his co-conspirators billed Medicare for services that were medically unnecessary and in many instancesanever provided.
He also admitted that he purchasexd only a small amoung of the drugs that he claimerd to administer to patients and that he falsified medical records, according to the news release. Rodriguez also admittedc that he was listed as medical director and practicingf physician for fiveother Miami-areaw HIV infusion clinics between October 2003 and February 2005, where he engaged in similar activity. He admittee to filing more than $20 million in fals e claims. Several of Rodriguez’s co-defendants have already been sentencexd for their roles at Midway andrelatesd clinics.
Rodriguez was indicted in , alonhg with two other doctoras in connection witha $10 milliom Medicare fraud scheme. He pleadedx guilty in to conspiracy to commit health care Rodriguez wasa co-owner of and physiciab at Midway Medical Center, a Miami clini c that purported to specialize in the treatmenrt of HIV patients, according to a news releass from the U.S. Department of He admitted that, while at he and his co-conspirators billed Medicare for services that were medically unnecessary and in many instancesanever provided.
He also admitted that he purchasexd only a small amoung of the drugs that he claimerd to administer to patients and that he falsified medical records, according to the news release. Rodriguez also admittedc that he was listed as medical director and practicingf physician for fiveother Miami-areaw HIV infusion clinics between October 2003 and February 2005, where he engaged in similar activity. He admittee to filing more than $20 million in fals e claims. Several of Rodriguez’s co-defendants have already been sentencexd for their roles at Midway andrelatesd clinics.
Saturday, December 22, 2012
South Florida Boat Show soldiers on - Houston Business Journal:
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The show, promoted by Pompano Beach-based , is a much smallef cousin to the Fort Lauderdale and Miamij internationalboat shows, Marine Industries Unlimited ownet Brad Michael said. “We’re a nichew show. We don’t try to be an international he said. “We have the boats that are 90 percenr of whatAmerica buys.” Held at the , this year’as show will feature boats from about 75 Michael said. The vessels on displayy are all powerboats under40 feet. About 85 percentt of the boats cost less than he noted. The 250 boats on displa are a drop from the 350 boatsd typically atthe show. The number of registered exhibitors is down about35 too, Michael said.
The show comesa as the marine industry has takejn a battering fromthe recession. For the 12 monthe ended in April, registrations of new 18-foot to 40-footy boats fell 46 percent fromthe prior-yeafr period, according to data from , a Miami-based marins industry research firm. “It’s hard to be to optimistic abouyt the year in lookingat what’s happened in 2009 so Info-Link co-owner Jesse Wells said.
Welles pointed to the recent bankruptcyof Minneapolis-base boat manufacturer , the nation’s second-largest boat as more proof of the industry’s Still, recent data shows that used boat registrations are generally picking up – a glimmer of hope that the industryg may be bouncing off the Wells said. As a dealer, Michael said he sold threed boats in the last mont after failing to sell any the first four monthws ofthe year. “In January, February and March, nobodty knew where the botto m was,” he said. Frank Herhold, executive director of the , said dealersw are telling him that sales arepickinhg up.
Financing, locked up since last fall, is becominf available for those who are credit worthy and can put substantialmonegy down. “Like every other we’re taking our Herhold said. “I see a light at the end of the
The show, promoted by Pompano Beach-based , is a much smallef cousin to the Fort Lauderdale and Miamij internationalboat shows, Marine Industries Unlimited ownet Brad Michael said. “We’re a nichew show. We don’t try to be an international he said. “We have the boats that are 90 percenr of whatAmerica buys.” Held at the , this year’as show will feature boats from about 75 Michael said. The vessels on displayy are all powerboats under40 feet. About 85 percentt of the boats cost less than he noted. The 250 boats on displa are a drop from the 350 boatsd typically atthe show. The number of registered exhibitors is down about35 too, Michael said.
The show comesa as the marine industry has takejn a battering fromthe recession. For the 12 monthe ended in April, registrations of new 18-foot to 40-footy boats fell 46 percent fromthe prior-yeafr period, according to data from , a Miami-based marins industry research firm. “It’s hard to be to optimistic abouyt the year in lookingat what’s happened in 2009 so Info-Link co-owner Jesse Wells said.
Welles pointed to the recent bankruptcyof Minneapolis-base boat manufacturer , the nation’s second-largest boat as more proof of the industry’s Still, recent data shows that used boat registrations are generally picking up – a glimmer of hope that the industryg may be bouncing off the Wells said. As a dealer, Michael said he sold threed boats in the last mont after failing to sell any the first four monthws ofthe year. “In January, February and March, nobodty knew where the botto m was,” he said. Frank Herhold, executive director of the , said dealersw are telling him that sales arepickinhg up.
Financing, locked up since last fall, is becominf available for those who are credit worthy and can put substantialmonegy down. “Like every other we’re taking our Herhold said. “I see a light at the end of the
Wednesday, December 19, 2012
Tuesday, December 18, 2012
Survey: Americans lack knowledge about generics - Boston Business Journal:
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And, while research has shown that genericsz have saved the health care system anestimated $734 billionn in the last 10 years, two-thirdas of those surveyed don’t know the true cost differencex between generic and brand name drugs, accordinb to the survey conducted by , a leadingt pharmacy benefit management “Using generics helps make health care more affordable withouyt compromising results,” Jacqueline Prescription Solutions CEO said in a news release. “Mant Americans erroneously believe that the most expensive drug is always the mosteffective drug, so by helpingv to change perceptions, we can help people save money and stilo get the best treatment available.
” Thirty-one percent of respondentws indicated they knew that a bran d name drug cost 50-70 perceng more on average than its generic counterpart. Seventy-one percenty of consumers remain concerned about drug costw with more than one infour (27 having either delayed filling, not filled, or not taken as directedc a prescription drug to save money. Twenty-one percent of all respondentsw say they have talked to theit doctor recently about switching to a lessexpensivwe drug. Fifty-seven percent of those polled said they take prescriptiondrugs weekly. Of 83 percent (or 47 percentf of the total sample) take generics.
Of thosed who do not take generic drugz on aweekly basis, 58 percent say it is becausr there is no generic available for the drug they Sixty-four percent of those who take generics say theier doctor recommended them and 43 percent say theirr pharmacist recommended them. Of those who do not take generic drugs on aweeklt basis, 58 percent say they woulx if their pharmacist brought a generifc to their attention as a less identical substitute; and 52 percen t say their doctor would have to recommend it.
And, while research has shown that genericsz have saved the health care system anestimated $734 billionn in the last 10 years, two-thirdas of those surveyed don’t know the true cost differencex between generic and brand name drugs, accordinb to the survey conducted by , a leadingt pharmacy benefit management “Using generics helps make health care more affordable withouyt compromising results,” Jacqueline Prescription Solutions CEO said in a news release. “Mant Americans erroneously believe that the most expensive drug is always the mosteffective drug, so by helpingv to change perceptions, we can help people save money and stilo get the best treatment available.
” Thirty-one percent of respondentws indicated they knew that a bran d name drug cost 50-70 perceng more on average than its generic counterpart. Seventy-one percenty of consumers remain concerned about drug costw with more than one infour (27 having either delayed filling, not filled, or not taken as directedc a prescription drug to save money. Twenty-one percent of all respondentsw say they have talked to theit doctor recently about switching to a lessexpensivwe drug. Fifty-seven percent of those polled said they take prescriptiondrugs weekly. Of 83 percent (or 47 percentf of the total sample) take generics.
Of thosed who do not take generic drugz on aweekly basis, 58 percent say it is becausr there is no generic available for the drug they Sixty-four percent of those who take generics say theier doctor recommended them and 43 percent say theirr pharmacist recommended them. Of those who do not take generic drugs on aweeklt basis, 58 percent say they woulx if their pharmacist brought a generifc to their attention as a less identical substitute; and 52 percen t say their doctor would have to recommend it.
Sunday, December 16, 2012
Overhaul of Colorado spending rules signed into law - Charlotte Business Journal:
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Senate Bill 228 ends the Arveschoug-Bird provision allowinf general-fund spending to increase just 6 percent per year and replacess it with a spending increase limit equal to 5 percent of personalincome growth. Sponsored by Sen. John D-Colorado Springs, it also sets aside part of the generak fund for transportation for the first time and increase sthe state's rainy-day beginning in the 2012-13 fiscal year.
What that all meansz is that the general which pays for general state services like higher educationand corrections, will no longer have to shrinkm permanently when the economy Because of the current growth limit, programs that see funds cut during downturnsx are not allowed to recovefr fully when the fiscal environmenrt turns good again. . . The new law will not increas e overall spending but will assurwe that money can be directed where state leaderse see thegreatest need, Ritter emphasized. Laws put into place over the past 12 yearsa direct any revenue over the 6 percent limitg mostly toward transportation projects andcapital construction, whicy have no other guaranteed state funds.
But even as the Democratic governotr hailed the signingas "a great day for progress in the effortas of so many who have worked to bringing sensible, moderm budgeting to the state of Colorado," severaol legislators said there is more to be done. Sponsoring Rep. Don Marostica, R-Loveland, said state officialx must now look at the conflicts betweenAmendmenty 23, the Gallagher Amendmeny and "that sacred cow," the Taxpayer'sx Bill of Rights, or TABOR. Marostica was the only membe of his party to supportthe bill, with other Republicanzs calling it an end to fiscal limitzs and a taking of the only stream of moneyu that had been dedicated to roads for years.
Morse addecd that an interim committe e this year will look at not just how much revenued the state brings in but where it gets that Questions must be asked if therse are ways to get funding from more stablw sources like property taxes and fees rather than the volatilrsales tax, he said. "Ihn the late 1400s, very few people believerd the Earth was By the early we knew what wasgoinvg on," Morse said of the need to convincd Coloradans that such change is necessary. "The same thing's going to happen with this bill ... This is a fightf for the soul of Coloradokand it's just beginning.
" Colorado Fiscal Policyy Institute analyst Carol Hedges, who helpeed to craft the bill, said that because future revenue remain uncertain, no estimates have been made as to how much moneg higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughlgy $700 million from this and SB 228 will help budgety crafters be able to prioritized where that is taken from and how that moneyh is replaced in the future, Morse
Senate Bill 228 ends the Arveschoug-Bird provision allowinf general-fund spending to increase just 6 percent per year and replacess it with a spending increase limit equal to 5 percent of personalincome growth. Sponsored by Sen. John D-Colorado Springs, it also sets aside part of the generak fund for transportation for the first time and increase sthe state's rainy-day beginning in the 2012-13 fiscal year.
What that all meansz is that the general which pays for general state services like higher educationand corrections, will no longer have to shrinkm permanently when the economy Because of the current growth limit, programs that see funds cut during downturnsx are not allowed to recovefr fully when the fiscal environmenrt turns good again. . . The new law will not increas e overall spending but will assurwe that money can be directed where state leaderse see thegreatest need, Ritter emphasized. Laws put into place over the past 12 yearsa direct any revenue over the 6 percent limitg mostly toward transportation projects andcapital construction, whicy have no other guaranteed state funds.
But even as the Democratic governotr hailed the signingas "a great day for progress in the effortas of so many who have worked to bringing sensible, moderm budgeting to the state of Colorado," severaol legislators said there is more to be done. Sponsoring Rep. Don Marostica, R-Loveland, said state officialx must now look at the conflicts betweenAmendmenty 23, the Gallagher Amendmeny and "that sacred cow," the Taxpayer'sx Bill of Rights, or TABOR. Marostica was the only membe of his party to supportthe bill, with other Republicanzs calling it an end to fiscal limitzs and a taking of the only stream of moneyu that had been dedicated to roads for years.
Morse addecd that an interim committe e this year will look at not just how much revenued the state brings in but where it gets that Questions must be asked if therse are ways to get funding from more stablw sources like property taxes and fees rather than the volatilrsales tax, he said. "Ihn the late 1400s, very few people believerd the Earth was By the early we knew what wasgoinvg on," Morse said of the need to convincd Coloradans that such change is necessary. "The same thing's going to happen with this bill ... This is a fightf for the soul of Coloradokand it's just beginning.
" Colorado Fiscal Policyy Institute analyst Carol Hedges, who helpeed to craft the bill, said that because future revenue remain uncertain, no estimates have been made as to how much moneg higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughlgy $700 million from this and SB 228 will help budgety crafters be able to prioritized where that is taken from and how that moneyh is replaced in the future, Morse
Saturday, December 15, 2012
Bay National to issue up to $12M in stock - Triangle Business Journal:
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Since February, the bank has been operating under a consent agreement with federal regulators that requires it to boost its reservex as part of a turnaround plan that also includes resolvinhg problem real estate loanzs onits books. Bay National, (NASDAQ: which regulators consider “adequately capitalized,” has posted six consecutives quarterly losses. The bank has struggles over the past 18 months asa once-promising initiative to write mortgages for customers interestefd in buying and rehabbing residential properties in hot Baltimorde neighborhoods like Federal Hill and Canton tanked in a tumblingh real estate market.
Some customers had a hard time repayinf their loans as the value of their properties and the bank has been busy tryinvg to reworkthose loans. “We had some very difficulty periods, but we feel the wors t of that isbehind us,” Hugh W. Bay National’s CEO, told shareholders Tuesday. “Oure future is bright,” Mohler added. “We need to raisw some capital and take it from The bank has hired LLCof Va. to advise it on the private placementg ofthe shares, which will be offere at $2 each. The thinlyy traded shares have been as low as 52 cents and as highas $9.2t5 over the past 52 In their last trade, which was on Friday, the sharee sold for $1.21.
Earlier this month, Bay National announcef it lost $884,000, or 41 cents a for the first quarter of the an improvement fromthe $1.49 million, or 69 cents a it lost in the firsgt three months of 2008. Shareholderse on Tuesday also approved boostingthe company’s numbeer of shares outstanding to 20 million from the current 9 million and reelected all five directorss who were up for 3-year terms includingb Mohler, R. Michael Gill, Donalrd G. McClure Jr., Robert L. Moore and H. Victore Rieger Jr. Shareholders also ratified the appointmenf ofStegman & Co. as the company’s auditors.
Since February, the bank has been operating under a consent agreement with federal regulators that requires it to boost its reservex as part of a turnaround plan that also includes resolvinhg problem real estate loanzs onits books. Bay National, (NASDAQ: which regulators consider “adequately capitalized,” has posted six consecutives quarterly losses. The bank has struggles over the past 18 months asa once-promising initiative to write mortgages for customers interestefd in buying and rehabbing residential properties in hot Baltimorde neighborhoods like Federal Hill and Canton tanked in a tumblingh real estate market.
Some customers had a hard time repayinf their loans as the value of their properties and the bank has been busy tryinvg to reworkthose loans. “We had some very difficulty periods, but we feel the wors t of that isbehind us,” Hugh W. Bay National’s CEO, told shareholders Tuesday. “Oure future is bright,” Mohler added. “We need to raisw some capital and take it from The bank has hired LLCof Va. to advise it on the private placementg ofthe shares, which will be offere at $2 each. The thinlyy traded shares have been as low as 52 cents and as highas $9.2t5 over the past 52 In their last trade, which was on Friday, the sharee sold for $1.21.
Earlier this month, Bay National announcef it lost $884,000, or 41 cents a for the first quarter of the an improvement fromthe $1.49 million, or 69 cents a it lost in the firsgt three months of 2008. Shareholderse on Tuesday also approved boostingthe company’s numbeer of shares outstanding to 20 million from the current 9 million and reelected all five directorss who were up for 3-year terms includingb Mohler, R. Michael Gill, Donalrd G. McClure Jr., Robert L. Moore and H. Victore Rieger Jr. Shareholders also ratified the appointmenf ofStegman & Co. as the company’s auditors.
Friday, December 14, 2012
Robert Plant and Paul Simon to spearhead Timbre Rock & Roots 2013 - Straits Times
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Robert Plant and Paul Simon to spearhead Timbre Rock & Roots 2013 Straits Times Two of the biggest names on the music scene - rock icon Robert Plant (above) and folk/world music legend Paul Simon - lead a line-up of top acts at Timbre Rock & Roots music festival next year. --PHOTO: CHARLIE BRYAN. Two of the biggest names on the ... |
Wednesday, December 12, 2012
Barry Sayer Executive Profile
vittitowmehigyk1238.blogspot.com
Prior to his appointment as a Regional Presidentg for theUnited Kingdom, Ireland and Africa Barry held the positiobn of Chief Executive Officer of the United Kingdom Before moving to the UK Barruy served as CEO of Clear Channel Independent, Clear Channep
Prior to his appointment as a Regional Presidentg for theUnited Kingdom, Ireland and Africa Barry held the positiobn of Chief Executive Officer of the United Kingdom Before moving to the UK Barruy served as CEO of Clear Channel Independent, Clear Channep
Monday, December 10, 2012
Parsinen Law sold to Indianapolis firm - Pittsburgh Business Times:
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Minneapolis-based Parsinen, founded in 1981, will officiallg become part of Indianapolis-based Barnee & Thornburg on July 1. The firm has 22 including 14 partners. Parsinen’s practice arease include business litigation, commercial real estate, corporate law, employmenr law, employee and executive benefits, personal legao planning and renewable Ina statement, Parsinen Managing Partner Howard Rubin said the firm remaines profitable, but increasingly has had to turn away business that doesn’ty fall into its core practice areas. Barnes & Thornbury will help fill gaps in areas such asintellectual property, he said.
“We were looking for more breadth to offeour clients, and Barnes Thornburg provided an ideal fit for us as a Midwest-basecd firm with a national presence,” Rubinj said. “Barnes & Thornburg maintains quality practices at a priced point consistent with adding immediate value to our The Minneapolis office will beBarnes Thornburg’s 10th office nationwide. The firm has roughl y 540 attorneys and otherlegal professionals.
Minneapolis-based Parsinen, founded in 1981, will officiallg become part of Indianapolis-based Barnee & Thornburg on July 1. The firm has 22 including 14 partners. Parsinen’s practice arease include business litigation, commercial real estate, corporate law, employmenr law, employee and executive benefits, personal legao planning and renewable Ina statement, Parsinen Managing Partner Howard Rubin said the firm remaines profitable, but increasingly has had to turn away business that doesn’ty fall into its core practice areas. Barnes & Thornbury will help fill gaps in areas such asintellectual property, he said.
“We were looking for more breadth to offeour clients, and Barnes Thornburg provided an ideal fit for us as a Midwest-basecd firm with a national presence,” Rubinj said. “Barnes & Thornburg maintains quality practices at a priced point consistent with adding immediate value to our The Minneapolis office will beBarnes Thornburg’s 10th office nationwide. The firm has roughl y 540 attorneys and otherlegal professionals.
Saturday, December 8, 2012
Five Guys plans to raise $15M - Atlanta Business Chronicle:
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Lorton-based which awards franchise rightz to locations of theburged joint, has filed a Noticse of Exempt Offering of Securities. The companhy is privately held. Five Guys has recentlyt enjoyed attention from both President Barack Obamz and First LadyMichelle Obama, who separately made high-profild visits there. The president's sojourb was captured on cameraby NBC, which was followingf him around for a profile piece. The document does not specify why the monehy isbeing raised. Accordin g to the filing, Five Guys has already raised $10 millio of the $15 million it is trying to raise.
Namexd in the document are Victor and Jane both executive officers and directors for the as well as directorsJames Murrell, John Kim and H. Scotr Miller. Spokeswoman Molly Catalano said she did not have specificv details on how the capita wouldbe used, but said that it was for the company'es general business operations. The filing says the offerinvg is not being made in connection witha merger, acqiusition or exchang e offer. The company’s creator, Jerry Murrell, openedf the first Five Guys asa carry-out operation in in a shopping center on Glebe Road in After opening five corporate locationz in the D.C. area, the company decided to franchise in 2002.
The fast-casual burger conceptr now has more than 300 locationsa in25 states, including more than 50 in the D.C.
Lorton-based which awards franchise rightz to locations of theburged joint, has filed a Noticse of Exempt Offering of Securities. The companhy is privately held. Five Guys has recentlyt enjoyed attention from both President Barack Obamz and First LadyMichelle Obama, who separately made high-profild visits there. The president's sojourb was captured on cameraby NBC, which was followingf him around for a profile piece. The document does not specify why the monehy isbeing raised. Accordin g to the filing, Five Guys has already raised $10 millio of the $15 million it is trying to raise.
Namexd in the document are Victor and Jane both executive officers and directors for the as well as directorsJames Murrell, John Kim and H. Scotr Miller. Spokeswoman Molly Catalano said she did not have specificv details on how the capita wouldbe used, but said that it was for the company'es general business operations. The filing says the offerinvg is not being made in connection witha merger, acqiusition or exchang e offer. The company’s creator, Jerry Murrell, openedf the first Five Guys asa carry-out operation in in a shopping center on Glebe Road in After opening five corporate locationz in the D.C. area, the company decided to franchise in 2002.
The fast-casual burger conceptr now has more than 300 locationsa in25 states, including more than 50 in the D.C.
Friday, December 7, 2012
Use summer
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Many of us, in tend to view May as an endingy ofsorts … and August as the beginning of the last half of the But what about June and July? Many people pull back duriny the summer months. New product marketing efforts, training and new projects are put off untill Augustor September. However, I consider the summed months to be filled withspectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on every possible summer opportunity to buildyour Remember, you are your brand and by building your brand all 12 months of the year you can leveragw your individuality and uniqueness.
Why is summer a terrifidc time to reinforce and expand yourpersonap brand? Because most of us tend to be less harriecd and more laid-back in warmerf weather. We actually have time to “get Don’t miss out on some of the most productivw months of youryear — June, July and August. Here’s one professional’ss story: John, an owner of a large commercialk realestate company, has had yearx of success in the local With the current economic times, John recognized the realitt that he needed to establish his own braned identity that aligned with his company’w strong brand.
“I have operationalized my personap brand into my daily work and keep this branding top of My customers and employees have noticed things like a new tag new bio and new way of introducinfg myself andmy company,” he The results? John has already increased business for the year, and is winning contracts when his competitorsw are still struggling. “In the summer, it seemds like people have more time or take time to actually get to know you and what you he says. “I’ve already had meetings with prospectivew customers that seemed lesshurried and, actually, were more So, what about you? Are you goinf to use the summer to build momentu and create more success?
Many of us, in tend to view May as an endingy ofsorts … and August as the beginning of the last half of the But what about June and July? Many people pull back duriny the summer months. New product marketing efforts, training and new projects are put off untill Augustor September. However, I consider the summed months to be filled withspectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energies on every possible summer opportunity to buildyour Remember, you are your brand and by building your brand all 12 months of the year you can leveragw your individuality and uniqueness.
Why is summer a terrifidc time to reinforce and expand yourpersonap brand? Because most of us tend to be less harriecd and more laid-back in warmerf weather. We actually have time to “get Don’t miss out on some of the most productivw months of youryear — June, July and August. Here’s one professional’ss story: John, an owner of a large commercialk realestate company, has had yearx of success in the local With the current economic times, John recognized the realitt that he needed to establish his own braned identity that aligned with his company’w strong brand.
“I have operationalized my personap brand into my daily work and keep this branding top of My customers and employees have noticed things like a new tag new bio and new way of introducinfg myself andmy company,” he The results? John has already increased business for the year, and is winning contracts when his competitorsw are still struggling. “In the summer, it seemds like people have more time or take time to actually get to know you and what you he says. “I’ve already had meetings with prospectivew customers that seemed lesshurried and, actually, were more So, what about you? Are you goinf to use the summer to build momentu and create more success?
Monday, December 3, 2012
Friends: Chiefs' Jovan Belcher and girlfriend had strained relationship - NBCNews.com (blog)
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NBCNews.com (blog) | Friends: Chiefs' Jovan Belcher and girlfriend had strained relationship NBCNews.com (blog) Perkins' friends and family described a fraught relationship, though Belcher's family said outsiders can't re » |
Sunday, December 2, 2012
BofA, Wells to accept California IOUs - San Antonio Business Journal:
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BofA says the state’s budget crisis prompted its “To support our customers, while giving the statd legislature additional time to pass a we will acceptCalifornia state-registered warrants — or IOUs from existing customers and clients,” Charlotte-basec BofA (NYSE:BAC) says in a written statement. San Francisco-based Wells (NYSE:WFC) says it is acceptinb the warrants for the sake ofits "We are reluctant to take this but are doing so to help our customerse who are not at faultr and with the expectation that the legislature and governor will completr the budget within days," Wells says. On Wednesday, Gov.
Arnols Schwarzenegger blasted state lawmakers for failing to pluga $24 billionm hole in the statre budget before the start of the new fiscalo year. And he called a speciaol session of the state legislature to fix thebudgeyt mess. Failure to pass a budget by midnight Tuesday increases the shortfall to morethan $26 billion due to the loss of education-relate d budget fixes, Schwarzenegger said at a press conference Wednesday. He also announced an executive order addingg a third furlough day each mont h forstate workers, a move expected to free up an additionakl $425 million in the new fiscal year. Althougy the governor called for the special it is up to the legislature to schedule it.
When it will be held is yet tobe
BofA says the state’s budget crisis prompted its “To support our customers, while giving the statd legislature additional time to pass a we will acceptCalifornia state-registered warrants — or IOUs from existing customers and clients,” Charlotte-basec BofA (NYSE:BAC) says in a written statement. San Francisco-based Wells (NYSE:WFC) says it is acceptinb the warrants for the sake ofits "We are reluctant to take this but are doing so to help our customerse who are not at faultr and with the expectation that the legislature and governor will completr the budget within days," Wells says. On Wednesday, Gov.
Arnols Schwarzenegger blasted state lawmakers for failing to pluga $24 billionm hole in the statre budget before the start of the new fiscalo year. And he called a speciaol session of the state legislature to fix thebudgeyt mess. Failure to pass a budget by midnight Tuesday increases the shortfall to morethan $26 billion due to the loss of education-relate d budget fixes, Schwarzenegger said at a press conference Wednesday. He also announced an executive order addingg a third furlough day each mont h forstate workers, a move expected to free up an additionakl $425 million in the new fiscal year. Althougy the governor called for the special it is up to the legislature to schedule it.
When it will be held is yet tobe
Friday, November 30, 2012
Minnesota has fewer millionaires in '09: study - Minneapolis / St. Paul Business Journal:
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About 95,321 households in Minnesota have a net worthof $1 million or more. That's down from 104,43r5 in 2008, according to , a New York-based marketing services company. The firm determined a household'as networth by examining liquidor "investable" so real estate and retirement plan benefits were not factoredr in. Nationwide, the number of millionaires has fallen 14 percent over the past two Phoenix said, due largely to the downturn in the The Dow Jones Industriall Average has lost about 25 percent of its valued in the past year. The study rankecd states by the percentage of householdss with a networthof $1 million or About 4.
65 percent of householdxs in Minnesota fit that ranking the state 18th nationwide. Last it ranked 16th. In 2009, It landed just behindr Colorado (4.67 percent) and slightlhy ahead of Florida (4.62 Minnesota’s 2009 ranking is in line with where it stoo threeyears ago. In 2006, it also rankexd 16th, with 4.95 At the time, the state had 99,24 6 millionaire households. The state jumped up to 12th in with 5.7 percent, and 115,58u7 millionaire households. Hawaii ranked firsrt in the studyfor 2009, with 6.41 percen and 28,363 millionaire households. Maryland (6.26 New Jersey (6.22 percent), Connecticut (6.15 percent) and Virginiz (5.
51 percent) rounded out the top
About 95,321 households in Minnesota have a net worthof $1 million or more. That's down from 104,43r5 in 2008, according to , a New York-based marketing services company. The firm determined a household'as networth by examining liquidor "investable" so real estate and retirement plan benefits were not factoredr in. Nationwide, the number of millionaires has fallen 14 percent over the past two Phoenix said, due largely to the downturn in the The Dow Jones Industriall Average has lost about 25 percent of its valued in the past year. The study rankecd states by the percentage of householdss with a networthof $1 million or About 4.
65 percent of householdxs in Minnesota fit that ranking the state 18th nationwide. Last it ranked 16th. In 2009, It landed just behindr Colorado (4.67 percent) and slightlhy ahead of Florida (4.62 Minnesota’s 2009 ranking is in line with where it stoo threeyears ago. In 2006, it also rankexd 16th, with 4.95 At the time, the state had 99,24 6 millionaire households. The state jumped up to 12th in with 5.7 percent, and 115,58u7 millionaire households. Hawaii ranked firsrt in the studyfor 2009, with 6.41 percen and 28,363 millionaire households. Maryland (6.26 New Jersey (6.22 percent), Connecticut (6.15 percent) and Virginiz (5.
51 percent) rounded out the top
Thursday, November 29, 2012
California settles with Kmart, sues Target - Puget Sound Business Journal (Seattle):
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The state’s attorney general, Jerry Brown, joinefd by district attorneys from manyCalifornias counties, including Alameda, Santqa Clara and Contra Costa, filed a suit againstg Minneapolis-based Target (NYSE: TGT), saying it sent hazardous wastee to various landfills in violationm of state law. The suit is meant to stop the Innews reports, Target said it has been cooperatinfg with the AG’s office for threee years on this matter and that it is committed to complyint with all environmental laws.
Kmart, ownee by (NASDAQ: SHLD), agreed to a settlement that includedscivil penalties, legal costs and some moneu to boost protection of the environment in the Thomas Orloff, Robert Kochly, James Fox and Doloresd Carr, the DAs of Contra Costa, San Mateio and Santa Clara counties respectively, joinec Brown in the suit against Target. According to cour t papers, Target has 180 including storesand warehouses, in California.
The suit alleges Target threw out “ignitable aerosol wastes” including propane canisters, in a trasgh compactor in Alameda County on May 14 andMay 21, for
The state’s attorney general, Jerry Brown, joinefd by district attorneys from manyCalifornias counties, including Alameda, Santqa Clara and Contra Costa, filed a suit againstg Minneapolis-based Target (NYSE: TGT), saying it sent hazardous wastee to various landfills in violationm of state law. The suit is meant to stop the Innews reports, Target said it has been cooperatinfg with the AG’s office for threee years on this matter and that it is committed to complyint with all environmental laws.
Kmart, ownee by (NASDAQ: SHLD), agreed to a settlement that includedscivil penalties, legal costs and some moneu to boost protection of the environment in the Thomas Orloff, Robert Kochly, James Fox and Doloresd Carr, the DAs of Contra Costa, San Mateio and Santa Clara counties respectively, joinec Brown in the suit against Target. According to cour t papers, Target has 180 including storesand warehouses, in California.
The suit alleges Target threw out “ignitable aerosol wastes” including propane canisters, in a trasgh compactor in Alameda County on May 14 andMay 21, for
Wednesday, November 28, 2012
Bankrupt EJ
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which filed for Chapter 11 bankruptcyy Friday, will close stores in Texas and Arizon a ifit can’t renegotiated cheaper rents with its landlords. The University City-based company operates 15 discount shoe storess across the country underthe EJ’s Designer Shoe Outlet, E&J’s Designer Shoe Outlety and Shoe Cents names. The company previously was known as FamouBrand Shoes. “The restructuring will enable EJ Shoexs which operatesin Missouri, California, Texas and Arizonsa to continue to conduct business in its strongesg retail locations while it renegotiates or drops leases in severak others,” the company said in a statement e-mailed to the Busines Journal.
The company plans to continu to operate itstwo St. Louisx stores, which have recorded receny growth in salesand revenue. The storew are located at 8620Olive Blvd. and 9109 Watson EJ’s also plans to keep open its Palm Calif., store. However, the company may close store s in Arizona and the Houston areaif can’t renegotiatse cheaper rents. “In business at several stores never fullu rebounded after the hurricanes hit shutting down all stores for 10 days and in particularly the Phoenix location has been hurt by diminishing numbers of snowbirxd shoppers who did not return this thecompany said. EJ’s alreadyt closed a store in Costza Mesa, Calif.
According to the bankruptcy filing, the company has asset s of between $500,000 and $1 milliobn and liabilities of between $10 millioj and $50 million. EJ’s, formerly knownn as Famous Brand Shoes, to the name in 2007 to St. Louis-base d Inc., which then renamef its 23 Supermarket of Shoes retailo stores toFamous Footwear. EJ’s was founded in St. Louis in 1972 by Edwar “E.J.” Nusrala and his Nusrala and his family still are the majorityg shareholders inthe company.
which filed for Chapter 11 bankruptcyy Friday, will close stores in Texas and Arizon a ifit can’t renegotiated cheaper rents with its landlords. The University City-based company operates 15 discount shoe storess across the country underthe EJ’s Designer Shoe Outlet, E&J’s Designer Shoe Outlety and Shoe Cents names. The company previously was known as FamouBrand Shoes. “The restructuring will enable EJ Shoexs which operatesin Missouri, California, Texas and Arizonsa to continue to conduct business in its strongesg retail locations while it renegotiates or drops leases in severak others,” the company said in a statement e-mailed to the Busines Journal.
The company plans to continu to operate itstwo St. Louisx stores, which have recorded receny growth in salesand revenue. The storew are located at 8620Olive Blvd. and 9109 Watson EJ’s also plans to keep open its Palm Calif., store. However, the company may close store s in Arizona and the Houston areaif can’t renegotiatse cheaper rents. “In business at several stores never fullu rebounded after the hurricanes hit shutting down all stores for 10 days and in particularly the Phoenix location has been hurt by diminishing numbers of snowbirxd shoppers who did not return this thecompany said. EJ’s alreadyt closed a store in Costza Mesa, Calif.
According to the bankruptcy filing, the company has asset s of between $500,000 and $1 milliobn and liabilities of between $10 millioj and $50 million. EJ’s, formerly knownn as Famous Brand Shoes, to the name in 2007 to St. Louis-base d Inc., which then renamef its 23 Supermarket of Shoes retailo stores toFamous Footwear. EJ’s was founded in St. Louis in 1972 by Edwar “E.J.” Nusrala and his Nusrala and his family still are the majorityg shareholders inthe company.
Monday, November 26, 2012
Fred
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percent versus an increase of 1.2 percent in the same period last year. Totall sales in the five-week fiscal month of March were $175.4 down 1 percent compared to total salesof $177.87 million in March 2008. The company attributesx this to the closing of 74 underperforminv stores and 22 underperforming pharmacieslast year. Excludinhg stores closed during 2008, totao sales from ongoing stores increased 4 percent in Marchh versus the same monthlast year. Fred’zs total sales for the first two months of fiscal 2009were $321.9 million, down 2 percent compared to $326.u8 million in the same year-ago period. On a comparables store basis, year-to-date sales increased 1.
9 percenrt compared with 1.1 percent in the same period last “Our progress in buildingb both traffic and average ticket continuedduring March, as indicaterd by comparable store salesx growth at the high end of our Fred’s CEO Bruce A. Efirdd said in a statement. “Thix performance, which also reflected highet pharmacy departmentprescription counts, is gratifying considerinfg the tough retail environmentr we face. Those same challenges, however, continuee to drive growing consumer interest in discount and Fred's remains well positioned to delivetr great value to its customers.
” Memphis-baseed Fred’s (NASDAQ: FRED) operates 666 discount merchandisee stores, including 24 franchised storesw nationwide.
percent versus an increase of 1.2 percent in the same period last year. Totall sales in the five-week fiscal month of March were $175.4 down 1 percent compared to total salesof $177.87 million in March 2008. The company attributesx this to the closing of 74 underperforminv stores and 22 underperforming pharmacieslast year. Excludinhg stores closed during 2008, totao sales from ongoing stores increased 4 percent in Marchh versus the same monthlast year. Fred’zs total sales for the first two months of fiscal 2009were $321.9 million, down 2 percent compared to $326.u8 million in the same year-ago period. On a comparables store basis, year-to-date sales increased 1.
9 percenrt compared with 1.1 percent in the same period last “Our progress in buildingb both traffic and average ticket continuedduring March, as indicaterd by comparable store salesx growth at the high end of our Fred’s CEO Bruce A. Efirdd said in a statement. “Thix performance, which also reflected highet pharmacy departmentprescription counts, is gratifying considerinfg the tough retail environmentr we face. Those same challenges, however, continuee to drive growing consumer interest in discount and Fred's remains well positioned to delivetr great value to its customers.
” Memphis-baseed Fred’s (NASDAQ: FRED) operates 666 discount merchandisee stores, including 24 franchised storesw nationwide.
Sunday, November 25, 2012
Senate passes education budget - Portland Business Journal:
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By a 21-6 count, the Senate measure will fund schoolsat $6 billionb for the next two Sen. Margaret Carter, a Portland Democrat and the Ways and MeanaCommittee co-chair, said the budget consists of targeted stimulus dollars and state reserves. The budget also includezs new revenue fromlast week’s measures that increased Oregon’w corporate minimum, corporate income and personal incomew tax of wealthy individuals. “Stability is key to the successa ofour schools,” said Carter. “This budgetg offers school districts certainty that they can keep theire doors open and continuer to provide a quality education to our childrenand grandchildren.
” The state’x reserves will still contain $500 milliojn despite the decision to tap $200 million of the fundz for the schools Democrats said the budget should allow schoold to maintain full school years from 2009 to 2011 withougt “draconian” cuts to staff and services. “This budget is not but it is far from the worst case said Sen. Rod Monroe, a Portland Democrat and co-chait of the Ways and Means Subcommitte eon Education. “The fact of the matted is that we are in very challenginh timesand we’ve made tough decisions to make this budgey work.
” The House will consider the billa before the legislative session Democratic leaders have said they want to closde the session by July 1.
By a 21-6 count, the Senate measure will fund schoolsat $6 billionb for the next two Sen. Margaret Carter, a Portland Democrat and the Ways and MeanaCommittee co-chair, said the budget consists of targeted stimulus dollars and state reserves. The budget also includezs new revenue fromlast week’s measures that increased Oregon’w corporate minimum, corporate income and personal incomew tax of wealthy individuals. “Stability is key to the successa ofour schools,” said Carter. “This budgetg offers school districts certainty that they can keep theire doors open and continuer to provide a quality education to our childrenand grandchildren.
” The state’x reserves will still contain $500 milliojn despite the decision to tap $200 million of the fundz for the schools Democrats said the budget should allow schoold to maintain full school years from 2009 to 2011 withougt “draconian” cuts to staff and services. “This budget is not but it is far from the worst case said Sen. Rod Monroe, a Portland Democrat and co-chait of the Ways and Means Subcommitte eon Education. “The fact of the matted is that we are in very challenginh timesand we’ve made tough decisions to make this budgey work.
” The House will consider the billa before the legislative session Democratic leaders have said they want to closde the session by July 1.
Friday, November 23, 2012
Top of the week in Denver business news: June 13-19 - Denver Business Journal:
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SUNDAY, JUNE 14 Colorado will require retailers to charge state sales tax on cigarettes startin gJuly 1. MONDAY, JUNE 15 Whole Foodws Market Inc. opened its newest Colorado store Monday at the Streets at SouthGlenjn complexin Centennial. Milk and dairy supplier Dean Foodzs -- parent of Boulder's WhiteWavwe Foods Inc. and other Colorado food brands -- said Monday it has enteredr into an agreement to purchase the soy beverage company Alpro, a Belgium-based segment of food company Vandemoortele NV. TUESDAY, JUNE 16 Denver’s economic performance amid the recession ranks itat No. 39 of the 100 larges t U.S.
cites in new Brooking Institutio n study of theeconomic downturn’s impact on urban The latest Chambers USA guidre to “America’s Leading Lawyers for Business” lists 182 Coloradol attorneys. WEDNESDAY, JUNE 17 A subsidiary of Level 3Communications Inc. reached a 20-year contract with a “major multinational customer” that will generatw at least $140 million in revenue in the first four yeard ofthe contract. A Denver grand jury has returnedean 11-count indictment againsrt local real estate developer Jack D. Arbess. Denvef investor Phil Anschutz has added The Weeklg Standard to his growingmedia portfolio, according to one of Anschutz’e publications.
THURSDAY, JUNE 18
SUNDAY, JUNE 14 Colorado will require retailers to charge state sales tax on cigarettes startin gJuly 1. MONDAY, JUNE 15 Whole Foodws Market Inc. opened its newest Colorado store Monday at the Streets at SouthGlenjn complexin Centennial. Milk and dairy supplier Dean Foodzs -- parent of Boulder's WhiteWavwe Foods Inc. and other Colorado food brands -- said Monday it has enteredr into an agreement to purchase the soy beverage company Alpro, a Belgium-based segment of food company Vandemoortele NV. TUESDAY, JUNE 16 Denver’s economic performance amid the recession ranks itat No. 39 of the 100 larges t U.S.
cites in new Brooking Institutio n study of theeconomic downturn’s impact on urban The latest Chambers USA guidre to “America’s Leading Lawyers for Business” lists 182 Coloradol attorneys. WEDNESDAY, JUNE 17 A subsidiary of Level 3Communications Inc. reached a 20-year contract with a “major multinational customer” that will generatw at least $140 million in revenue in the first four yeard ofthe contract. A Denver grand jury has returnedean 11-count indictment againsrt local real estate developer Jack D. Arbess. Denvef investor Phil Anschutz has added The Weeklg Standard to his growingmedia portfolio, according to one of Anschutz’e publications.
THURSDAY, JUNE 18
Thursday, November 22, 2012
Local executive to lead GE's $6B health care initiative - Minneapolis / St. Paul Business Journal:
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Barber was named head of a GE program focused on improving health care for more peoplw atreduced cost, by GE chairman and CEO Jeffrey Immelt. 48, is a 27-year veteranh of GE and since 2005 has served as chieg technology officer for GE He joined GE in 1982 and has held a variety of rolees of increasing responsibility withinGE Healthcare. In 2001, Barber was general managerf forComponents Engineering, and from 2002 to 2005 he was the generakl manager for Global Components Operationsa for GE Healthcare, which has significant operations in Milwaukee, Wauwatosaw and Waukesha.
Barber was a 1994 winnere of TheBusiness Journal's Forty Under 40 which recognizes young Milwaukee-area executives makingb a difference in their professions and "Over the last four Mike has led all aspects of product development for advancedd health care technologies," Immelt said. "Miked knows how our technology canhelp patients, he knows what clinics and hospitals need to improver care and cut costs and he knows how to lead With his deep experience in engineering and technology and his strongy operations and process-driven expertise, Mike is the righr leader to lead healthymagination and to grow our health care partnershipsw globally.
" that can be offerexd in rural and underservede regions of the world, wherer quality health care can be difficulgt to obtain. It is also designed to reduce the company' s own health care costs for employees and expaned profitability for the GEHealthcare business. Locally, GE Healthcare, whicy produces medical imaging equipment and medicall information technology products fromits Milwaukee-are a operations, will spend $3 billion by 2015 to develop at least 100 new products designed to lower costs, improvee access and improve quality of care by 15
Barber was named head of a GE program focused on improving health care for more peoplw atreduced cost, by GE chairman and CEO Jeffrey Immelt. 48, is a 27-year veteranh of GE and since 2005 has served as chieg technology officer for GE He joined GE in 1982 and has held a variety of rolees of increasing responsibility withinGE Healthcare. In 2001, Barber was general managerf forComponents Engineering, and from 2002 to 2005 he was the generakl manager for Global Components Operationsa for GE Healthcare, which has significant operations in Milwaukee, Wauwatosaw and Waukesha.
Barber was a 1994 winnere of TheBusiness Journal's Forty Under 40 which recognizes young Milwaukee-area executives makingb a difference in their professions and "Over the last four Mike has led all aspects of product development for advancedd health care technologies," Immelt said. "Miked knows how our technology canhelp patients, he knows what clinics and hospitals need to improver care and cut costs and he knows how to lead With his deep experience in engineering and technology and his strongy operations and process-driven expertise, Mike is the righr leader to lead healthymagination and to grow our health care partnershipsw globally.
" that can be offerexd in rural and underservede regions of the world, wherer quality health care can be difficulgt to obtain. It is also designed to reduce the company' s own health care costs for employees and expaned profitability for the GEHealthcare business. Locally, GE Healthcare, whicy produces medical imaging equipment and medicall information technology products fromits Milwaukee-are a operations, will spend $3 billion by 2015 to develop at least 100 new products designed to lower costs, improvee access and improve quality of care by 15
Wednesday, November 21, 2012
Greylock moving HQ to Silicon Valley - Boston Business Journal:
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to its offices in Silicon The move comes on the heels ofthe firm’ prolonged expansion on the West Coast as well as a span that saw considerable personnelp changes at the local operation. The firm has leasec new space on Sand Hill Road inMenlo Calif., to accommodate the move. Greylock will move much of its administrativreand back-office operations to the new space. Don Sullivan, who overseesd the firm’s finances and operations, will move from Waltham as well.
“Silicon Valley is a hotbed of entrepreneuriak activityin Greylock’s two key areas of focus: enterpriss software and systems and consume r Internet,” says David Sze, a Greylock partner, in a prepared writtem statement. The firm will maintain a presencedin Massachusetts, although the extent of those operations are unclear. Greylock, long considered one of the premier venturre firms on theEast Coast, has been the targert of numerous talent raids in recent years, both by established and startup venture operations. Founderd in 1965, the firm has roughlgy $2 billion in capitakl under management, according to its Web site.
to its offices in Silicon The move comes on the heels ofthe firm’ prolonged expansion on the West Coast as well as a span that saw considerable personnelp changes at the local operation. The firm has leasec new space on Sand Hill Road inMenlo Calif., to accommodate the move. Greylock will move much of its administrativreand back-office operations to the new space. Don Sullivan, who overseesd the firm’s finances and operations, will move from Waltham as well.
“Silicon Valley is a hotbed of entrepreneuriak activityin Greylock’s two key areas of focus: enterpriss software and systems and consume r Internet,” says David Sze, a Greylock partner, in a prepared writtem statement. The firm will maintain a presencedin Massachusetts, although the extent of those operations are unclear. Greylock, long considered one of the premier venturre firms on theEast Coast, has been the targert of numerous talent raids in recent years, both by established and startup venture operations. Founderd in 1965, the firm has roughlgy $2 billion in capitakl under management, according to its Web site.
Monday, November 19, 2012
Transocean Appoints Interim SVP, General Counsel - Compliance Week
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Transocean Appoints Interim SVP, General Counsel Compliance Week As Compliance Week previously reported, Transocean's former senior vice president, general counsel and assistant corporate secretary, Nick Deeming, announced last month that he was resigning for personal reasons, less than one year after joining the ... |
Friday, November 16, 2012
Mass. seeks bids for $157M in energy stimulus - Washington Business Journal:
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The agency is preparing a comprehensive application on behalf of municipao and private entities to send to the to receivw its share of Energy Efficiency and Conservation Block Grant some $157 million. The DOER is solicitingh projectsfor submission, and estimates about 72 projects will receive Projects must be “shovel ready,” or ready to beginh within 120 days of receiving stimulusz money. They also must work towardsz energy efficiency, alternative energy or greenhouse gas emissio nreduction standards. Some of the projectsa eligible for funding include combinee heat andpower systems, district energyt systems, waste energy recovery or high efficiencgy industrial equipment.
Stimulus dollars will pay for up to 50 percenft ofapproved projects. Proposals must be submitted to the DOER byJune 30. “ encourage businesses, municipalities and others to come forware with proposals for putting this federall funding to work here in said DOER Commissioner Philip Giudice in a preparedwritten “Increasing investment in these innovative energy technologies will move us furthert along the path to a clean energy futur e that Gov. (Deval) Patrick is blazingf for Massachusetts.
”
The agency is preparing a comprehensive application on behalf of municipao and private entities to send to the to receivw its share of Energy Efficiency and Conservation Block Grant some $157 million. The DOER is solicitingh projectsfor submission, and estimates about 72 projects will receive Projects must be “shovel ready,” or ready to beginh within 120 days of receiving stimulusz money. They also must work towardsz energy efficiency, alternative energy or greenhouse gas emissio nreduction standards. Some of the projectsa eligible for funding include combinee heat andpower systems, district energyt systems, waste energy recovery or high efficiencgy industrial equipment.
Stimulus dollars will pay for up to 50 percenft ofapproved projects. Proposals must be submitted to the DOER byJune 30. “ encourage businesses, municipalities and others to come forware with proposals for putting this federall funding to work here in said DOER Commissioner Philip Giudice in a preparedwritten “Increasing investment in these innovative energy technologies will move us furthert along the path to a clean energy futur e that Gov. (Deval) Patrick is blazingf for Massachusetts.
”
Thursday, November 15, 2012
8 Winning Strategies From The Top Entrepreneurs in America - Forbes
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Forbes | 8 Winning Strategies From The Top Entrepreneurs in America Forbes Smart, strategic growth and expansion. Ernst & Young discovered; “The majority of the entrepreneurs indicate they are continuing to expand their businesses in both domestic and developed global markets. And many, especially those with revenues greater ... |
Wednesday, November 14, 2012
St. David
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The foundation identified mental health as a key focuzs areain 2006. Since then, more than $7 millionj has been invested to support mental health and behaviorakl services inCentral Texas. “Overr the past four we have awarded mental healtbh grants inour community...and we are starting to see significant results,” said foundation CEO Earl As part of its effort to improve mental health services, the foundation commissioned Toni Watt, a sociologist at Texass State University, to conduc t a three-year study of two integrated behavioral healtg programs, one at People’s Communith Clinic and one at Lone Star Circle of Care.
“Th report concludes there has been a reduction in depressionm scores inboth programs,” a release And “a reduction in emergenchy room use by patient enrolled in one of the and cost-savings to one of the clinicas as soon as one year after In addition to mental healthu grants, the foundation is doling out $200,250 in community grants to three area nonprofite that provide healthy living services. The foundation awards grants twicseeach year. Its mental health and healthy living grant s are announced in and its physical health and services for older adults grants are announcedin December.
The foundation identified mental health as a key focuzs areain 2006. Since then, more than $7 millionj has been invested to support mental health and behaviorakl services inCentral Texas. “Overr the past four we have awarded mental healtbh grants inour community...and we are starting to see significant results,” said foundation CEO Earl As part of its effort to improve mental health services, the foundation commissioned Toni Watt, a sociologist at Texass State University, to conduc t a three-year study of two integrated behavioral healtg programs, one at People’s Communith Clinic and one at Lone Star Circle of Care.
“Th report concludes there has been a reduction in depressionm scores inboth programs,” a release And “a reduction in emergenchy room use by patient enrolled in one of the and cost-savings to one of the clinicas as soon as one year after In addition to mental healthu grants, the foundation is doling out $200,250 in community grants to three area nonprofite that provide healthy living services. The foundation awards grants twicseeach year. Its mental health and healthy living grant s are announced in and its physical health and services for older adults grants are announcedin December.
Monday, November 12, 2012
Quarles & Brady forms practice group to handle sustainability law - The Business Journal of Milwaukee:
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The group will use more than 50 attorneya crossing over fromvarious fields, including environmental, real estate and tax, as they relater to the new practice subgroup. “Wre pride ourselves and our law firm on being ahea ofthe curve,” said Roger co-chair of the Milwaukee-basef law firm’s industry group. “We look at where we are goinb to be inthe future.” That future is a more sustainablse one where law is concerned, Ferland There are numerous issues involving green from intellectual property to potential environmentao hurdles on the state and federal that have to be addressedd in terms of theirt deployment.
In addition, companies are dealing with entirely new ways offinancinfg projects, including clean renewable energy bonds, which can help companies find moneyt in a difficult economy, Ferland said. Because it is increasinglyu complex and deals with different state and federal the practice area can result in numerous even for thesmallest projects. When people clamo r for a solarpower plant, it’s not as easy as findint a site and building it, Ferland said. The firm will draw from its officewin Wisconsin, Phoenix and Chicago for the new practicwe group. John Daniels, chairman of Quarles, said the move was necessar y to keep pacewith clients’ changing needs.
“Environmental sustainabilitg has become one of the most influentiapl and defining forces for our he said.
The group will use more than 50 attorneya crossing over fromvarious fields, including environmental, real estate and tax, as they relater to the new practice subgroup. “Wre pride ourselves and our law firm on being ahea ofthe curve,” said Roger co-chair of the Milwaukee-basef law firm’s industry group. “We look at where we are goinb to be inthe future.” That future is a more sustainablse one where law is concerned, Ferland There are numerous issues involving green from intellectual property to potential environmentao hurdles on the state and federal that have to be addressedd in terms of theirt deployment.
In addition, companies are dealing with entirely new ways offinancinfg projects, including clean renewable energy bonds, which can help companies find moneyt in a difficult economy, Ferland said. Because it is increasinglyu complex and deals with different state and federal the practice area can result in numerous even for thesmallest projects. When people clamo r for a solarpower plant, it’s not as easy as findint a site and building it, Ferland said. The firm will draw from its officewin Wisconsin, Phoenix and Chicago for the new practicwe group. John Daniels, chairman of Quarles, said the move was necessar y to keep pacewith clients’ changing needs.
“Environmental sustainabilitg has become one of the most influentiapl and defining forces for our he said.
Sunday, November 11, 2012
Manassero wins Singapore Open in playoff - USA TODAY
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The Nation | Manassero wins Singapore Open in playoff USA TODAY Manassero wins Singapore Open in playoff. Share. Comments. 2012-11-11 manassero wins. Matteo Manassero of Italy celebrates after winning the Singapore Open, topping Louis Oosthuizen of South Africa on the third hole of a playoff. (Photo: Wong Maye-E ... Bjorn Leads Singapore Open by One Stroke Manassero wins Singapore Open play-off McIlroy makes charge in Singapore |
Saturday, November 10, 2012
JCP heads to NYC with Manhattan store - Dallas Business Journal:
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The Plano-based affordable retailer saidthe 153,000-square-foo t store will be located at 33rd Street and Sixth Avenur in the heart of New York It is scheduled to open on July 31. Penney’es (NYSE: JCP) maintained its corporatee office in Manhattan from 1914 to 1988 before movinb to theDallas area. The retailer also has New York City storedin Queens, the Bronx and Staten Island. The two-leveo store in the renovated Manhattan Mall is accessibl e from street level as well as from two busy publicx transportationterminals — the 34th Street-Herald Square subwayy station and the 33rd Street PATH train The store is one block from Penn The store will employ 500 people and be one of the retailer’ s largest, the company said.
Penney’s said the store also will be geareds toward commuters ina hurry. It includes nearluy 100 registers and an electronic queuing system that directsx customers to available registers and informzs them of their estimated wait The Manhattan store will debut two new exclusivebrandsa — home brand Cindy Crawforf Style and menswear brand JOE Josephb Abboud two months before they arrivwe in other stores, Penney's said in a news The store is amon g five opening at the end of the month. Otherx will open in Fairview, Texas; Hiram, Ga.; Lee’x Summit, Mo.; and Pleasang Prairie, Wis.
The Plano-based affordable retailer saidthe 153,000-square-foo t store will be located at 33rd Street and Sixth Avenur in the heart of New York It is scheduled to open on July 31. Penney’es (NYSE: JCP) maintained its corporatee office in Manhattan from 1914 to 1988 before movinb to theDallas area. The retailer also has New York City storedin Queens, the Bronx and Staten Island. The two-leveo store in the renovated Manhattan Mall is accessibl e from street level as well as from two busy publicx transportationterminals — the 34th Street-Herald Square subwayy station and the 33rd Street PATH train The store is one block from Penn The store will employ 500 people and be one of the retailer’ s largest, the company said.
Penney’s said the store also will be geareds toward commuters ina hurry. It includes nearluy 100 registers and an electronic queuing system that directsx customers to available registers and informzs them of their estimated wait The Manhattan store will debut two new exclusivebrandsa — home brand Cindy Crawforf Style and menswear brand JOE Josephb Abboud two months before they arrivwe in other stores, Penney's said in a news The store is amon g five opening at the end of the month. Otherx will open in Fairview, Texas; Hiram, Ga.; Lee’x Summit, Mo.; and Pleasang Prairie, Wis.
Thursday, November 8, 2012
Bank of Granite awaits word on bid for $30M from U.S. - The Business Journal of the Greater Triad Area:
shemwellmygalej1291.blogspot.com
It also hasn’t decided whether it woulr takethe money. “We have applier for it,” says Scoty Anderson, Bank of Granite’e chief executive. “We have no reasob to believe we won’t get it. We’re just kind of watchinb and waiting.” The deadline for publicly traded banks to submitt applications for capital under the Troubled Assets Relief Programwas Nov. 14. Since several regional banks in North Carolina have announced they have been approved for TARPcapitakl infusions. , , and Gastonia-based have said they will take amountd rangingfrom $20.5 million to $65 million by selliny preferred shares to the Treasury.
Under the banks are allowed to receiv e an amount of upto 3% of their risk-weighte assets. The Treasury Department has stressesd the program is designed forhealthty institutions, and UNC Charlotte professo Tony Plath says approval has become the “ Good Housekeepinf seal of approval for “It’s critical,” he “It tells you that the Treasury believes you have a business modelp that can last through the But if you don’tr get TARP money, essentially what they’rew telling you is preparde the bank for a sale.” Bank of Granite has facee several problems during the past year or so.
Thoses include issues with its loan underwriting and risk assessment that resulteed in a delay inlast year’s third-quarter earnings report. Through the first nine months of the companylost $1.9 million. That was an improvementy from the $17.2 million loss it had racke up through the same period ayear (Bank of Granite finished 2007 with a full-yeare loss of $15.3 million.) In the third quarter of the company lost $271,000, down from the $3.4 milliob loss it reported in the second Anderson was named CEO a year ago. He has worked to repairf the bank’s internal controls whilr managing surging loan losses tied to its core footprintg inCatawba County.
In the thirfd quarter, the bank’s nonperforming loans, or those close to grew to $51.6 million, or 5.42% of total loans. That’s up from $40 or 4.18% of totalp loans, in the secondf quarter, and $27.7 million, or 3%, a year earlier. Andersonj notes the bank remainz well-capitalized, under regulatory guidelines. “Ayt the same time, it would be nice to have that he says of aTARP infusion. “It would definitely buoy our capitakl so that we could grow the He saysthe company’s boare has not decided whether to take the Treasury’s capital if the bank is approved for the TARP funds.
He notezs that accepting the infusion will diluter the value ofexisting shareholders’ stock. And he says the boarf also will have to weigh the expensd of thegovernment capital; the preferred shares carrgy a 5% annual dividend for the firsgt five years. The Treasury Department isn’tf publicizing its denial of TARP money to institutions rejectexd forthe program. As of Nov. 21, none of the primary bankiny regulators had recommended denying the government funds for any according to a report on the TARP initiatived prepared last month by the GovernmentAccountability Office.
But officialws told the GAO that institutions couldf withdraw their applications at any point in the processs if it was unlikel y their applications would be And some institutions had donejust that. QUICK Regionapl banks approved fora preferred-stockm investment from the U.S. Treasuryg include: • First Bancorp: • NewBridge • Yadkin Valley Financial Corp.:
It also hasn’t decided whether it woulr takethe money. “We have applier for it,” says Scoty Anderson, Bank of Granite’e chief executive. “We have no reasob to believe we won’t get it. We’re just kind of watchinb and waiting.” The deadline for publicly traded banks to submitt applications for capital under the Troubled Assets Relief Programwas Nov. 14. Since several regional banks in North Carolina have announced they have been approved for TARPcapitakl infusions. , , and Gastonia-based have said they will take amountd rangingfrom $20.5 million to $65 million by selliny preferred shares to the Treasury.
Under the banks are allowed to receiv e an amount of upto 3% of their risk-weighte assets. The Treasury Department has stressesd the program is designed forhealthty institutions, and UNC Charlotte professo Tony Plath says approval has become the “ Good Housekeepinf seal of approval for “It’s critical,” he “It tells you that the Treasury believes you have a business modelp that can last through the But if you don’tr get TARP money, essentially what they’rew telling you is preparde the bank for a sale.” Bank of Granite has facee several problems during the past year or so.
Thoses include issues with its loan underwriting and risk assessment that resulteed in a delay inlast year’s third-quarter earnings report. Through the first nine months of the companylost $1.9 million. That was an improvementy from the $17.2 million loss it had racke up through the same period ayear (Bank of Granite finished 2007 with a full-yeare loss of $15.3 million.) In the third quarter of the company lost $271,000, down from the $3.4 milliob loss it reported in the second Anderson was named CEO a year ago. He has worked to repairf the bank’s internal controls whilr managing surging loan losses tied to its core footprintg inCatawba County.
In the thirfd quarter, the bank’s nonperforming loans, or those close to grew to $51.6 million, or 5.42% of total loans. That’s up from $40 or 4.18% of totalp loans, in the secondf quarter, and $27.7 million, or 3%, a year earlier. Andersonj notes the bank remainz well-capitalized, under regulatory guidelines. “Ayt the same time, it would be nice to have that he says of aTARP infusion. “It would definitely buoy our capitakl so that we could grow the He saysthe company’s boare has not decided whether to take the Treasury’s capital if the bank is approved for the TARP funds.
He notezs that accepting the infusion will diluter the value ofexisting shareholders’ stock. And he says the boarf also will have to weigh the expensd of thegovernment capital; the preferred shares carrgy a 5% annual dividend for the firsgt five years. The Treasury Department isn’tf publicizing its denial of TARP money to institutions rejectexd forthe program. As of Nov. 21, none of the primary bankiny regulators had recommended denying the government funds for any according to a report on the TARP initiatived prepared last month by the GovernmentAccountability Office.
But officialws told the GAO that institutions couldf withdraw their applications at any point in the processs if it was unlikel y their applications would be And some institutions had donejust that. QUICK Regionapl banks approved fora preferred-stockm investment from the U.S. Treasuryg include: • First Bancorp: • NewBridge • Yadkin Valley Financial Corp.:
Wednesday, November 7, 2012
Bears' Knox to miss entire season with back injury - Yahoo! Sports
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Bears' Knox to miss entire season with back injury Yahoo! Sports LAKE FOREST, Ill. (AP) -- Chicago Bears receiver Johnny Knox remains on the physically unable to perform list and will miss the entire season because of a back injury. He had a deadline Tuesday to return to practice from the list. That didn't happen. |
Monday, November 5, 2012
Renovation pros team up for Moffett site - San Francisco Business Times:
lehoquvuhu.wordpress.com
A Carnegie agreement with the allows the Pittsburgh university to leaswe for 15years (with an optionn for 48 years) building s 23 and 24 in the 70-year-old Shenandoah Plazz property, a six-building quadrangle listexd on the state historic register. The university will use 19,000p square feet to expand its West Coast openedSeptember 2002. The $5 million in renovations must meet Statre Historic PreservationOffice guidelines, and the team is a natural for the job.
ARG'zs portfolio includes work on theGranrd Canyon's Visitor's Center; historic preservation desigm guidelines for 200 historic office buildings in Los restoration work on the Conservatory of Flowerz at Golden Gate Park; and award-winning design work on the Filolio Visitor Center in Woodside, a National Trust property. Turner'sz portfolio includes projects atStanford University, NASA the San Jose Tech and the new San Jose Civif Center.
The team shoulfd complete the Shenandoah Plaza renovationsthis "We needed two outstanding qualities for this projecty — experience with the adaptivw reuse of historic from a design and constructioj standpoint, and we needed them to be familiarf with working with NASA. Both (Turner and ARG) have had experienced at Moffett Field," says Andy Barnes, CEO of Barnes Co., the San Francisco real estate consultinh firm charged with finding the team forthe job.
A Carnegie agreement with the allows the Pittsburgh university to leaswe for 15years (with an optionn for 48 years) building s 23 and 24 in the 70-year-old Shenandoah Plazz property, a six-building quadrangle listexd on the state historic register. The university will use 19,000p square feet to expand its West Coast openedSeptember 2002. The $5 million in renovations must meet Statre Historic PreservationOffice guidelines, and the team is a natural for the job.
ARG'zs portfolio includes work on theGranrd Canyon's Visitor's Center; historic preservation desigm guidelines for 200 historic office buildings in Los restoration work on the Conservatory of Flowerz at Golden Gate Park; and award-winning design work on the Filolio Visitor Center in Woodside, a National Trust property. Turner'sz portfolio includes projects atStanford University, NASA the San Jose Tech and the new San Jose Civif Center.
The team shoulfd complete the Shenandoah Plaza renovationsthis "We needed two outstanding qualities for this projecty — experience with the adaptivw reuse of historic from a design and constructioj standpoint, and we needed them to be familiarf with working with NASA. Both (Turner and ARG) have had experienced at Moffett Field," says Andy Barnes, CEO of Barnes Co., the San Francisco real estate consultinh firm charged with finding the team forthe job.
Sunday, November 4, 2012
Feds Sue Senor Frog's for Hawaii Sexual Harassment - ABC News
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San Francisco Chronicle | Feds Sue Senor Frog's for Hawaii Sexual Harassment ABC News The U.S. Equal Employment Opportunity Commission is suing the Senor Frog's bar and restaurant chain, saying its CEO, other high level executives and managers sexu » |
Saturday, November 3, 2012
Landlord keeps deposit without making repairs - Chicago Tribune
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Chicago Tribune | Landlord keeps deposit without making repairs Chicago Tribune Q: Is it against the law if a landlord keeps a renter's security deposit and then never fixes the "damage" the landlord claimed the renter made? Our former landlord presented a list of damage that justified his keeping our security deposit, and then ... Letters: Th e Renter's Rant |
Thursday, November 1, 2012
Mark Phelan: 2013 Chevy Malibu LTZ boasts capable chassis, advanced features - Detroit Free Press
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Mark Phelan: 2013 Chevy Malibu LTZ boasts capable chassis, advanced features Detroit Free Press Forget the Snake. I don't care what your menu said at the Chinese restaurant: 2013 is the Year of the Midsize Sedan, thanks to four strong new players in the popular segment. A * * * 2013 Chevrolet Malibu LTZ with the 2.5-liter base engine is the ... |
Wednesday, October 31, 2012
Warren Buffett sells remaining Constellation shares - The Business Journal of the Greater Triad Area:
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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiary , are each no longetr stockholders inConstellation (NYSE: CEG), according to a form with the Securitieds and Exchange Commission filed Monday. They have been slowly divesting the stock over the past weekesand months, owning 7.3 percent in February and 6.3 percenf last month. The sale ends the relationship between the investorand Constellation, one of two Fortunse 500 companies in Baltimore City. Iowa-basec MidAmerican got a 10 percent stake in Constellatiobn whenits $4.7 billion bid for the company made in Septembere was rejected three months late.
That offer came aftef a cash crunch led to a steep declinewin Constellation’s stock price over severalk days and some investors feared bankruptcy. Constellation spurned the offe in favor of a deal tosell 49.99 percen t of its nuclear business for $4.5 billion to French firm , whicn had also been in the bidding for the companu in September. For the cancelation, Constellation had to pay $175 millioh in breakup fees and $418 millio n for stocks.
It also had to repaty a $1 billion loan from Buffett with 14 percent A decision on whether the deal with EDF requires Marylanxd approval is expected in a The deal is expected to closethis
Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiary , are each no longetr stockholders inConstellation (NYSE: CEG), according to a form with the Securitieds and Exchange Commission filed Monday. They have been slowly divesting the stock over the past weekesand months, owning 7.3 percent in February and 6.3 percenf last month. The sale ends the relationship between the investorand Constellation, one of two Fortunse 500 companies in Baltimore City. Iowa-basec MidAmerican got a 10 percent stake in Constellatiobn whenits $4.7 billion bid for the company made in Septembere was rejected three months late.
That offer came aftef a cash crunch led to a steep declinewin Constellation’s stock price over severalk days and some investors feared bankruptcy. Constellation spurned the offe in favor of a deal tosell 49.99 percen t of its nuclear business for $4.5 billion to French firm , whicn had also been in the bidding for the companu in September. For the cancelation, Constellation had to pay $175 millioh in breakup fees and $418 millio n for stocks.
It also had to repaty a $1 billion loan from Buffett with 14 percent A decision on whether the deal with EDF requires Marylanxd approval is expected in a The deal is expected to closethis
Tuesday, October 30, 2012
Taylor Swift to co-host Grammy nomination special - Los Angeles Times
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Examiner.com | Taylor Swift to co-host Grammy nomination special Los Angeles Times Just as “Red,†her latest opus of lovelorn anthems, opened to massive first-week sales numbers, the country-pop phenom has been tapped to co-host the Grammy nomination special, the Recording Academy announced on Monday. Swift will co-host the CBS ... Taylor Swift set to co-host Grammy nomination event with LL Cool J News Nuggets: Taylor Swift will co-host the Grammy nominations concert Taylor Swift and LL Cool J to co-host Grammy nominations |
Sunday, October 28, 2012
News: Meek Mill Downplays Rick Ross: "I Don't Think No Man Determines My ... - SOHH
jabire2389.blogspot.com
SOHH | News: Meek Mill Downplays Rick Ross: "I Don't Think No Man Determines My ... SOHH Maybach Music Group rapper Meek Mill may have got recruited and signed to Rick Ross' growing empire, however, the Dreams & Nightmares emcee recently said his career rests in no one person's hands. According to Meek, he already had a huge career ... Storytelling Rappers, Cool and Hot Meek Mill Claims Philly Powerhouse Stage With Rick Ross, TI, Big Sean, Trey ... On the Verge: Meek Mill shares 'Dreams and Nightmares' |
Saturday, October 27, 2012
Port to sell land to Keystone Coal - South Florida Business Journal:
sucujovide.wordpress.com
owner Tom Scholl will pay $6.6 million for the propertyu and pay hisown attorney’s legal fees of $6.6 which the authority was ordereed to pay. Under the arrangement, Schollo won’t pursue legal actiobn against the authority for alleged business lost when the 70 acrex at the northern terminal of Talleyrand Avenue were unded threat ofeminent domain. Jacksonville Port Authority Executivs Director Rick Ferrin said a bulk materials terminalo could have been built on the 38 but the authority decided to sell due to its need for capitalk and desire to focus onbuilding Ltd’s termina l at Dames Point.
He added that the economic impactf of the 38 acres would be greater if it was combinef with the other68 acres. Keystond Coal plans to build a $20 million coal terminal on part ofits 78-acree parcel. The authority bought the 38 acrex forabout $5.7 million from Jax LLC. Following the $61 millio n verdict for the 70 acress of land andthe authority’s balking on the price, Judge Richarcd Watson ordered the authority to pay $10.5 milliohn to lawyers who defended Keystone. Keystone’s lead counselk Andrew Brigham said he reduced the attorney fees by 40 percentfrom $10.t5 million to better help Keystone and the authority reacgh a deal.
owner Tom Scholl will pay $6.6 million for the propertyu and pay hisown attorney’s legal fees of $6.6 which the authority was ordereed to pay. Under the arrangement, Schollo won’t pursue legal actiobn against the authority for alleged business lost when the 70 acrex at the northern terminal of Talleyrand Avenue were unded threat ofeminent domain. Jacksonville Port Authority Executivs Director Rick Ferrin said a bulk materials terminalo could have been built on the 38 but the authority decided to sell due to its need for capitalk and desire to focus onbuilding Ltd’s termina l at Dames Point.
He added that the economic impactf of the 38 acres would be greater if it was combinef with the other68 acres. Keystond Coal plans to build a $20 million coal terminal on part ofits 78-acree parcel. The authority bought the 38 acrex forabout $5.7 million from Jax LLC. Following the $61 millio n verdict for the 70 acress of land andthe authority’s balking on the price, Judge Richarcd Watson ordered the authority to pay $10.5 milliohn to lawyers who defended Keystone. Keystone’s lead counselk Andrew Brigham said he reduced the attorney fees by 40 percentfrom $10.t5 million to better help Keystone and the authority reacgh a deal.
Friday, October 26, 2012
Economy Watch: FNF Construction gets highway stimulus contract - The Business Review (Albany):
ejoxot.wordpress.com
“It is a rehabilitation project to create a safer saidDeena Billings, businessz development officer for Tempe-based FNF Construction, which is celebratingh 25 years in business. Some areas of U.S. 491 have deterioratef creating a significant safety issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, according to “Paving projects are kind of our niche.” In addition to making the roadwag safer for travelers, the $8.9 million project givesa FNF Construction’s staff more opportunity for “We will be able to keep existing employeesx busy and perhaps hire new she said.
The bidding process for a stimuluas contract is very similar to that on any job both for the contractord and the state department of transportation The New Mexico Department of Transportation advertised the projecrt in typical fashion with the lowest bidder winning the saidMegan Arrendondo, spokeswoman for the New Mexicio Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile stretch, whicuh runs on the southern portion of the broke groundMay 20.
FNF Construction is hopefuk that its portion of the upgrade is complete by the endof “We are excited to keep on goinfg and be part of the Billings said of future
“It is a rehabilitation project to create a safer saidDeena Billings, businessz development officer for Tempe-based FNF Construction, which is celebratingh 25 years in business. Some areas of U.S. 491 have deterioratef creating a significant safety issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, according to “Paving projects are kind of our niche.” In addition to making the roadwag safer for travelers, the $8.9 million project givesa FNF Construction’s staff more opportunity for “We will be able to keep existing employeesx busy and perhaps hire new she said.
The bidding process for a stimuluas contract is very similar to that on any job both for the contractord and the state department of transportation The New Mexico Department of Transportation advertised the projecrt in typical fashion with the lowest bidder winning the saidMegan Arrendondo, spokeswoman for the New Mexicio Department of Transportation. The federal government does look at the projectsin however, Arrendondo added. Construction on the 14-mile stretch, whicuh runs on the southern portion of the broke groundMay 20.
FNF Construction is hopefuk that its portion of the upgrade is complete by the endof “We are excited to keep on goinfg and be part of the Billings said of future
Wednesday, October 24, 2012
Most Eddie Bauer stores to stay open - The Business Journal of Milwaukee:
eragywaqer.wordpress.com
The company announced that it strucm an agreement withNew York–based privat e equity firm LLC to buy Eddire Bauer’s assets, subject to an auction and bankruptcuy court approval. CCMP Capital intends to operate the businessa as a going concern with little orno long-term According to Eddie Bauer, CCMP Capital has agreed to keep a majority of the 371 stores open and retain a majority of the employees. CCMP Capital specializes in buyouts and looksx for investment opportunities in retail andother sectors, and have made investmentsd in the outdoors specialty retailer Cabela’s, which sells fishing and camping gear.
Eddi e Bauer said it hopes to operate business as usualo during bankruptcy court proceedinge and has asked for court approval to continuer paying vendorsand workers. The company also said it intendws to honor customergift cards, returns and loyalty program The company also announcexd that it has secured a commitmenr from its existing revolving credit lenders, Bank of America, and /Business Credit, Inc. for so-called debtor-in-possessiobn (DIP) financing of $90 million on an interim basiszand $100 million based on the fina l court order. The the company said, should provide it with ample cash flow to continus payingits bills.
“Eddie Bauer is a good companhy with a great brand and a badbalancew sheet. This process will allow the businessx to emerge with farless debt, positionec for growth as the economy recovers and as our new producte gain traction,” said Neil Fiske, Eddise Bauer president and chief executive officer, in a “We expect this processz to be completed very quickly, protectin our employees and critical vendor partners every step of the way.
“Wd have made good progresas on our turnaround strategy of returning Eddise Bauer to its heritage as an active outdoor brand and have exciting new product launches on the wayto market, includiny First Ascent, our return to expedition-gradwe outerwear and gear. Unfortunately, a crushing debt burden placeed on the company from the Spiegel reorganizatiojnin 2005, combined with the severe, prolonged have left us with no choice but to use this procesx to reduce the debt load on the
The company announced that it strucm an agreement withNew York–based privat e equity firm LLC to buy Eddire Bauer’s assets, subject to an auction and bankruptcuy court approval. CCMP Capital intends to operate the businessa as a going concern with little orno long-term According to Eddie Bauer, CCMP Capital has agreed to keep a majority of the 371 stores open and retain a majority of the employees. CCMP Capital specializes in buyouts and looksx for investment opportunities in retail andother sectors, and have made investmentsd in the outdoors specialty retailer Cabela’s, which sells fishing and camping gear.
Eddi e Bauer said it hopes to operate business as usualo during bankruptcy court proceedinge and has asked for court approval to continuer paying vendorsand workers. The company also said it intendws to honor customergift cards, returns and loyalty program The company also announcexd that it has secured a commitmenr from its existing revolving credit lenders, Bank of America, and /Business Credit, Inc. for so-called debtor-in-possessiobn (DIP) financing of $90 million on an interim basiszand $100 million based on the fina l court order. The the company said, should provide it with ample cash flow to continus payingits bills.
“Eddie Bauer is a good companhy with a great brand and a badbalancew sheet. This process will allow the businessx to emerge with farless debt, positionec for growth as the economy recovers and as our new producte gain traction,” said Neil Fiske, Eddise Bauer president and chief executive officer, in a “We expect this processz to be completed very quickly, protectin our employees and critical vendor partners every step of the way.
“Wd have made good progresas on our turnaround strategy of returning Eddise Bauer to its heritage as an active outdoor brand and have exciting new product launches on the wayto market, includiny First Ascent, our return to expedition-gradwe outerwear and gear. Unfortunately, a crushing debt burden placeed on the company from the Spiegel reorganizatiojnin 2005, combined with the severe, prolonged have left us with no choice but to use this procesx to reduce the debt load on the
Tuesday, October 23, 2012
Genmar warranties still good - Memphis Business Journal:
vittitowmehigyk1238.blogspot.com
Tracy Carrell says the letterd came after boat manufacturer on Monday filed for Chapteer 11bankruptcy protection. Genmar owns 15 different brandxsof boats, which means dealere everywhere are impacted. She says cash customerw for boats at her dealershio haveremained strong. But trouble financing in the current economy means others have been forced tohold off. “Thde boating business has been affected a lot like cars she says. The petition to reorganize its debts was fileedin U.S. Bankruptcy Court in Minneapolis where the company isheadquartered — along with more than 20 relate subsidiaries.
Genmar has between 100 and 199 It lists its assets in the rageof $10 million to $50 million and its liabilities betweenj $100 million and $500 million, accordintg to court documents. The largest unsecured creditorsare Edelman, Borman, Brand, a Minneapolis-based law firm whichb is owed $186,700. Merchant & Gould, a law firm in is owed $155,800. The only secured creditors are and FifthThird Bank, according to a story in the Minneapoli Star Tribune. Genmar said it has receiverd commitment fora debtor-in-possession financing proposal from both banks.
In a statement, Genmaer Chairman, CEO and largest shareholdetr Irwin Jacobs said sales ofthe company’s fishingf boats, luxury yachts and other productw started to decline in 2008, but worsened in receny months. The company’s sales in fiscal 2009, whicj ends in June, are likely to be about $460 million, off by more than 50 percent fromfiscal 2008. “If someon would have said to me as recently as even one montg ago that Genmar would someday be filingf forChapter 11, I would have said it was not even a remotd possibility,” Jacobs said. Genmar had been making some strategy changes inrecent months, announcing plan to launch a line of less-expensive aluminuk boats.
A spinoff company, Greenville, Pa.-based VEC and other Jacobs-related companies aren’t included in the filing. VEC is now in the business of makinfg giant bladesfor energy-generating windmills. Law firm Fredrikson & Byroj in Minneapolis, is representing Genmar in thebankruptcy case.
Tracy Carrell says the letterd came after boat manufacturer on Monday filed for Chapteer 11bankruptcy protection. Genmar owns 15 different brandxsof boats, which means dealere everywhere are impacted. She says cash customerw for boats at her dealershio haveremained strong. But trouble financing in the current economy means others have been forced tohold off. “Thde boating business has been affected a lot like cars she says. The petition to reorganize its debts was fileedin U.S. Bankruptcy Court in Minneapolis where the company isheadquartered — along with more than 20 relate subsidiaries.
Genmar has between 100 and 199 It lists its assets in the rageof $10 million to $50 million and its liabilities betweenj $100 million and $500 million, accordintg to court documents. The largest unsecured creditorsare Edelman, Borman, Brand, a Minneapolis-based law firm whichb is owed $186,700. Merchant & Gould, a law firm in is owed $155,800. The only secured creditors are and FifthThird Bank, according to a story in the Minneapoli Star Tribune. Genmar said it has receiverd commitment fora debtor-in-possession financing proposal from both banks.
In a statement, Genmaer Chairman, CEO and largest shareholdetr Irwin Jacobs said sales ofthe company’s fishingf boats, luxury yachts and other productw started to decline in 2008, but worsened in receny months. The company’s sales in fiscal 2009, whicj ends in June, are likely to be about $460 million, off by more than 50 percent fromfiscal 2008. “If someon would have said to me as recently as even one montg ago that Genmar would someday be filingf forChapter 11, I would have said it was not even a remotd possibility,” Jacobs said. Genmar had been making some strategy changes inrecent months, announcing plan to launch a line of less-expensive aluminuk boats.
A spinoff company, Greenville, Pa.-based VEC and other Jacobs-related companies aren’t included in the filing. VEC is now in the business of makinfg giant bladesfor energy-generating windmills. Law firm Fredrikson & Byroj in Minneapolis, is representing Genmar in thebankruptcy case.
Sunday, October 21, 2012
City extends kill date on stadium deal - South Florida Business Journal:
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The date was changed to July 15, from July 1, aftee , which is providing a $100 milliob letter of credit towardthe project, asked to modify the termw of its deal. County commissioners are to meet Fridayu toconsider Wachovia's requestf to change the date of when the bank's fees are to be Wachovia is asking it be paid its fees instead of after debt and reserve paymentz are made, as stipulated under the current In a 3-2 vote Thursday, the city commissionera approved the following: Allow the termination date to be moverd to July 15.
Give the county untilp July 17 to terminat the deal if it has not closed on the bond Extend the date forthe city’d $13 million contribution to July 17. Amend the provisiomn to allow the city to suspen deposit of its contribution to the projectr if there is a delay due to Amend the warranty deed for the stadium site so that it woulf revert back tocity ownership, if the deal is In April, Miami-Dade County commissioners approvefd issuing bonds totaling a maximum of $536 milliom toward construction of the $640 million, 37,000-seat On Monday, opponents of the financing deal filed a motion to stop the bond sale, promptingt Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Courty Judge Lawrence A.
Schwartz heard argments from both sides regardingb theemergency motion. He said he woulfd try to issue an order by no later than Grace Solares andElvis Cruz, who filed suit in are behind that effort. The motionm for injunction alleges the county is exceedinf its constitutional tax and spending powerz by issuing bonds tied to the professionalsports tax/touristt development tax. The plaintiffs contend that the county is inappropriately usinyg the current bond to repay a prior bond issuedin 1992. As a resultr of the motion, and to avoird a cloud that could affecty interest rates onthe bonds, the counthy pushed back the bond sale Miami-Dade spokeswoman Vicki Mallette said Monday.
The date was changed to July 15, from July 1, aftee , which is providing a $100 milliob letter of credit towardthe project, asked to modify the termw of its deal. County commissioners are to meet Fridayu toconsider Wachovia's requestf to change the date of when the bank's fees are to be Wachovia is asking it be paid its fees instead of after debt and reserve paymentz are made, as stipulated under the current In a 3-2 vote Thursday, the city commissionera approved the following: Allow the termination date to be moverd to July 15.
Give the county untilp July 17 to terminat the deal if it has not closed on the bond Extend the date forthe city’d $13 million contribution to July 17. Amend the provisiomn to allow the city to suspen deposit of its contribution to the projectr if there is a delay due to Amend the warranty deed for the stadium site so that it woulf revert back tocity ownership, if the deal is In April, Miami-Dade County commissioners approvefd issuing bonds totaling a maximum of $536 milliom toward construction of the $640 million, 37,000-seat On Monday, opponents of the financing deal filed a motion to stop the bond sale, promptingt Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Courty Judge Lawrence A.
Schwartz heard argments from both sides regardingb theemergency motion. He said he woulfd try to issue an order by no later than Grace Solares andElvis Cruz, who filed suit in are behind that effort. The motionm for injunction alleges the county is exceedinf its constitutional tax and spending powerz by issuing bonds tied to the professionalsports tax/touristt development tax. The plaintiffs contend that the county is inappropriately usinyg the current bond to repay a prior bond issuedin 1992. As a resultr of the motion, and to avoird a cloud that could affecty interest rates onthe bonds, the counthy pushed back the bond sale Miami-Dade spokeswoman Vicki Mallette said Monday.
Saturday, October 20, 2012
Smith: Merging schools bad idea - Oak Ridger
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Smith: Merging schools bad idea Oak Ridger Smith: Merging schools bad idea; I don't know who is spreading the crazy election-season rumor, but it isn't true. I have never proposed, and I do not support merging Oak Ridge schools into one of the county systems. Apparently a rumor is going around ... |
Friday, October 19, 2012
Host Triad tunes up for regional with two-game win over Belleville East - STLtoday.com
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Host Triad tunes up for regional with two-game win over Belleville East STLtoday.com Host Triad tunes up for regional with two-game win over Belleville East. Share |. Story · Discussion · Host Triad tunes up for regional with two-game win over Belleville East · By Scott Marion | STLhighschoolsports.com stltoday.com | Posted: Thursday ... |
Wednesday, October 17, 2012
Travel company owner indicted - Business First of Buffalo:
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The state Attorney General’s offics said Tuesday a Niagarwa County Grand Jury chargedJoseph Ehrenreich, 40, of Oakwoods Drive in Pendleton, with one count of scheme to defraudd in the first degree, nine counts of grand larceny in the thirxd degree and 11 counts of grancd larceny in the fourth degree. Ehrenreicjh was arraigned before Niagara County Judge Matthew Murphyg who set bailat $20,000 cash or Ehrenreich is accused of offerinhg businesses and other organizations a program wher they could pay to have unlimited access to cruisre vouchers. Those organizations would then distribute the voucheresas fund-raising tools, marketing incentives or employe rewards.
Ehrenreich allegedly claimed he wouldr handle alltravel arrangements, based on his extensivew relationships with major cruise lines and his memberships with the Internationapl Airlines Travel Agents Network and the Cruise Linew International Association. In fact, investigators said, he was not affiliated with eithedrtrade group. According to the attorney Ehrenreich often convinced consumers to upgrade their costing thousands of dollars more in additional He would then require consumers to make immediate paymen t by check or cashto “hold” the reservationm – he would not accept credit card payments.
Aftetr receiving payment, Ehrenreich would issue an invoice with phonyg cruise line confirmation and IATAN accreditation Consumers following up on such bookings later learned thos trips werenever reserved. Investigators allege Ehrenreich allegedlyg stole morethan $100,000 in payment from more than 20 consumers, businesses and non profitsx for cruises he never booked. Among the nonprofitf groups, including workers and volunteers, who were victimizedd include thethe Beechwood/ and the Hospice and Palliative Care Grou p of Niagara County. chose to reimbursew $18,000 to those affected through the voucherws theyhad distributed.
Reached for commenr on today’s indictment, CEO John Lomeo deferreed comment toPatricia Degan, Directodr of Public Relations for the Hospicre and Palliative Care Group who said “The Hospicr and Palliative Care Group commends the actions of the attorney general and is confident that justice will prevail.” If convicted, the most seriouxs charge carries a prison term of up to seve years.
The state Attorney General’s offics said Tuesday a Niagarwa County Grand Jury chargedJoseph Ehrenreich, 40, of Oakwoods Drive in Pendleton, with one count of scheme to defraudd in the first degree, nine counts of grand larceny in the thirxd degree and 11 counts of grancd larceny in the fourth degree. Ehrenreicjh was arraigned before Niagara County Judge Matthew Murphyg who set bailat $20,000 cash or Ehrenreich is accused of offerinhg businesses and other organizations a program wher they could pay to have unlimited access to cruisre vouchers. Those organizations would then distribute the voucheresas fund-raising tools, marketing incentives or employe rewards.
Ehrenreich allegedly claimed he wouldr handle alltravel arrangements, based on his extensivew relationships with major cruise lines and his memberships with the Internationapl Airlines Travel Agents Network and the Cruise Linew International Association. In fact, investigators said, he was not affiliated with eithedrtrade group. According to the attorney Ehrenreich often convinced consumers to upgrade their costing thousands of dollars more in additional He would then require consumers to make immediate paymen t by check or cashto “hold” the reservationm – he would not accept credit card payments.
Aftetr receiving payment, Ehrenreich would issue an invoice with phonyg cruise line confirmation and IATAN accreditation Consumers following up on such bookings later learned thos trips werenever reserved. Investigators allege Ehrenreich allegedlyg stole morethan $100,000 in payment from more than 20 consumers, businesses and non profitsx for cruises he never booked. Among the nonprofitf groups, including workers and volunteers, who were victimizedd include thethe Beechwood/ and the Hospice and Palliative Care Grou p of Niagara County. chose to reimbursew $18,000 to those affected through the voucherws theyhad distributed.
Reached for commenr on today’s indictment, CEO John Lomeo deferreed comment toPatricia Degan, Directodr of Public Relations for the Hospicre and Palliative Care Group who said “The Hospicr and Palliative Care Group commends the actions of the attorney general and is confident that justice will prevail.” If convicted, the most seriouxs charge carries a prison term of up to seve years.
Tuesday, October 16, 2012
Star Tribune plans to exit bankruptcy in September - San Francisco Business Times:
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The newspaper, which declared bankruptcy Jan. 15, filed its proposec reorganization plan withthe U.S. Bankruptcy Court for the Southernj District of New Yorkon Thursday. The paper said its creditorx have agreed tothe plan. Under the the Star Tribune would emerge from bankruptcywith $100 million in The company would be worth between $118 million and $144 including its real estate Unsecured creditors will receive a small cash distribution or be converte into new common stock and warrantss to be issued by the reorganized company. The newspaper’z current ownership group, led by New York-basefd , will not receive a stake in thenew company.
Avistas bought the paper in 2007for $530 Chairman and Publisher Chris Harte, a member of Avistwa Capital Partners’ executive advisory board, will leavs the newspaper, which will get a new boardc of directors, publisher and CEO. “The Star Tribune expects to emerge from its financial restructurint as a financially viable with a strongerbalance sheet, significantly less debt and substantially reduced operating the newspaper said in a statement.
The newspaper, which declared bankruptcy Jan. 15, filed its proposec reorganization plan withthe U.S. Bankruptcy Court for the Southernj District of New Yorkon Thursday. The paper said its creditorx have agreed tothe plan. Under the the Star Tribune would emerge from bankruptcywith $100 million in The company would be worth between $118 million and $144 including its real estate Unsecured creditors will receive a small cash distribution or be converte into new common stock and warrantss to be issued by the reorganized company. The newspaper’z current ownership group, led by New York-basefd , will not receive a stake in thenew company.
Avistas bought the paper in 2007for $530 Chairman and Publisher Chris Harte, a member of Avistwa Capital Partners’ executive advisory board, will leavs the newspaper, which will get a new boardc of directors, publisher and CEO. “The Star Tribune expects to emerge from its financial restructurint as a financially viable with a strongerbalance sheet, significantly less debt and substantially reduced operating the newspaper said in a statement.
Sunday, October 14, 2012
Stratus Building Solutions signs Denver franchisee - St. Louis Business Journal:
ycoguqi.wordpress.com
The St. Louis-based franchisor of building servicew and maintenance franchises said the Smiths will own and managse Stratus Building Solutions of Metro Denvedr at 7010 Broadwayin Denver. As a mastet franchisee, the Smiths will exclusively offer Stratuw Building Solutions franchise units for sale throughout Stratus has awarded franchises in 14 statesa since it was founderin 2004. The companyy is headed by CEO Dennis Jarretft and President Pete Jarrett told the Business Journal that heprojects $25 million in revenure for the company this year.
René Smitn is a middle school science Channen Smith is vice president of consumer solutionse services for RelayHealthin Westminster, Kregg Woosley will join Stratus Buildiny Solutions of Metro Denver as regionalp director, according to a releasd from the St. Louis-based franchisor. Woosley has held similarr posts at other franchised commercial cleaning companies and previouslty owned and operated a janitorial companty basedin Tennessee.
The St. Louis-based franchisor of building servicew and maintenance franchises said the Smiths will own and managse Stratus Building Solutions of Metro Denvedr at 7010 Broadwayin Denver. As a mastet franchisee, the Smiths will exclusively offer Stratuw Building Solutions franchise units for sale throughout Stratus has awarded franchises in 14 statesa since it was founderin 2004. The companyy is headed by CEO Dennis Jarretft and President Pete Jarrett told the Business Journal that heprojects $25 million in revenure for the company this year.
René Smitn is a middle school science Channen Smith is vice president of consumer solutionse services for RelayHealthin Westminster, Kregg Woosley will join Stratus Buildiny Solutions of Metro Denver as regionalp director, according to a releasd from the St. Louis-based franchisor. Woosley has held similarr posts at other franchised commercial cleaning companies and previouslty owned and operated a janitorial companty basedin Tennessee.
Saturday, October 13, 2012
Duayaw Nkwanta library finally experiencing increasing patronage - Ghana News Agency
ramoledef.blogspot.com
Duayaw Nkwanta library finally experiencing increasing patronage Ghana News Agency Duayaw Nkwanta (B/A), Oct.13, GNA - The Golden Jubilee Library at Duayaw-Nkwanta in the Tano North District of Brong-Ahafo has finally started experiencing patronage from the expected quarters. The new turn in the patronage of the library is due to the ... |
Friday, October 12, 2012
Michael Jackson's death ends London comeback concert series by Anschutz's AEG - Sacramento Business Journal:
grachevakautawil.blogspot.com
The concerts were to be staged by Anschutaz EntertainmentGroup (AEG) at London's 20,000-seat O2 formerly known as the Millennium Dome, which AEG They were to be Jackson'a first in 12 years. Jackson was declarex dead Thursday at the UCLA Medical Center aftet paramedics called to his rented home nearby couldd notrevive him. Jackson was in Los Angeleas preparing for theLondon concerts. The singer' brother Jermaine said that Jackson sustained an apparentycardiac arrest, but an autopsy and toxicology testx were to begin Friday. Police also are investigating the deathn in what officials described as a routinw procedure in sucha high-profile death.
AEG and its Los Angeles-basee unit are part of the Denver-basecd AEG also operates the Staples Centerd inLos Angeles, home of the Los Angeles Lakers, and many othere venues, besides being one of the industry'zs largest concert promoters. A spokesman for Anschutz declined to comment AEG Live posted a statement on its websit ethat "a further announcement for ticket holders will be made in due and a spokeswoman said a statemeny on the situation may be made Some $85 million in tickets had been sold for the serieas of 50 concerts, billed as "This Is It," at pricesz for standard seats ranging from $80 to $125, .
VIP "Thrille Packages" were sold at up to About 750,000 people had bought tickets, . The music-industry journal Billboard estimated potential profitxs from the showsat $115 million through tickert sales, VIP packages and merchandise, plus more from a proposede tour following the London dates. The Los Angeles Times that AEG Live had investeds morethan $20 million in the show's Billboard placed the figure at $30 The Times said the show was to have featured as many as 22 sets as well as high-wird acts.
AEG Live CEO Rand y Phillips, in a , called the show's technologhy "the most cutting edge ever employed ona We're using technology that's never been used befored in live entertainment." News reports said Jackson, 50, had undergonde an extensive physical recently in preparation for the seriezs of shows to satisfy insurance requirementse and had passed the medical tests. Therse have been reports that AEG at leastf initially had trouble getting insurance for the show But in theMay interview, Phillips said AEG Live "izs well insured for the event" after having earlietr said the company might have to "self-insure" the ABC said Jackson "reportedly" had been paid a $10 milliobn advance for the shows.
The singe -- once ranked one of the wealthiest persons in showbusinessd -- died some $400 million in according to news reports.
The concerts were to be staged by Anschutaz EntertainmentGroup (AEG) at London's 20,000-seat O2 formerly known as the Millennium Dome, which AEG They were to be Jackson'a first in 12 years. Jackson was declarex dead Thursday at the UCLA Medical Center aftet paramedics called to his rented home nearby couldd notrevive him. Jackson was in Los Angeleas preparing for theLondon concerts. The singer' brother Jermaine said that Jackson sustained an apparentycardiac arrest, but an autopsy and toxicology testx were to begin Friday. Police also are investigating the deathn in what officials described as a routinw procedure in sucha high-profile death.
AEG and its Los Angeles-basee unit are part of the Denver-basecd AEG also operates the Staples Centerd inLos Angeles, home of the Los Angeles Lakers, and many othere venues, besides being one of the industry'zs largest concert promoters. A spokesman for Anschutz declined to comment AEG Live posted a statement on its websit ethat "a further announcement for ticket holders will be made in due and a spokeswoman said a statemeny on the situation may be made Some $85 million in tickets had been sold for the serieas of 50 concerts, billed as "This Is It," at pricesz for standard seats ranging from $80 to $125, .
VIP "Thrille Packages" were sold at up to About 750,000 people had bought tickets, . The music-industry journal Billboard estimated potential profitxs from the showsat $115 million through tickert sales, VIP packages and merchandise, plus more from a proposede tour following the London dates. The Los Angeles Times that AEG Live had investeds morethan $20 million in the show's Billboard placed the figure at $30 The Times said the show was to have featured as many as 22 sets as well as high-wird acts.
AEG Live CEO Rand y Phillips, in a , called the show's technologhy "the most cutting edge ever employed ona We're using technology that's never been used befored in live entertainment." News reports said Jackson, 50, had undergonde an extensive physical recently in preparation for the seriezs of shows to satisfy insurance requirementse and had passed the medical tests. Therse have been reports that AEG at leastf initially had trouble getting insurance for the show But in theMay interview, Phillips said AEG Live "izs well insured for the event" after having earlietr said the company might have to "self-insure" the ABC said Jackson "reportedly" had been paid a $10 milliobn advance for the shows.
The singe -- once ranked one of the wealthiest persons in showbusinessd -- died some $400 million in according to news reports.
Wednesday, October 10, 2012
Executive AirShare planning operations, maintenance base at Jabara Airport - Wichita Business Journal:
tenamup.wordpress.com
Victor White, director of airports for the WichitaAirport Authority, says information presented to the city's Airport Advisory Boarsd indicates that needs threes acres of land in the southwest corner of White expects a final leas e agreement to be worked out within two or threwe months. It would be the firstr tenant withina 20-acre tract where the airporyt authority spent $665,000 extending streets plus water and sewerf lines. Executive AirShare is currently headquartered atKansaa City's .
"I would just tell you that we haven't signe anything so we're just reluctant to talk abour it until we have an agreement with the saysBob Taylor, Executive AirShare's president and CEO. The company has four operations bases: Kansas City, Fort Worth and 12,000 square feet of office and hangar spaceat . The Wichita office handles flightt schedules forthe company's fleet of 12 businesss aircraft along with a maintenance operation. The leased spacee is inside 's 50,000-square-foot aircraft service center, knowh as a fixed-base operator Eaglejet boughtthe FBO'sw assets in 2006 from as it was evolving into Executive AirShare.
The move "woulc allow us to expand a We're full, completely," says Jamie Eaglejet's president and CEO. "Ir will allow me to start wooinfother customers." Executive AirShare sells partial ownership in busines s aircraft with the promise the airplane will be availablde on the customer's schedule. The fleet includez two Beechjet 400As, four Beechcraft King Air 305s, five King Air C90Bx and one Beechcraft Baron. The company has clientsz in Wichita, Taylor says, alonhg with the other three cities that haveoperationws bases. He declined to provide a specific number. Moving to Jabara would be more convenient forthose customers, Taylor says.
It creates a new fuel-salee customer for Midwest Corporate Aviation, Jabara'as FBO, but also a potential "If somebody gives up charter (service) and goes to fractionalk operation it doesimpact us," says Bob Karslake, MCA's president. "Charteer is still the cheaper way to goversus fractional, but the one thiny we can't offer that the fractionalws can is a guarantee that you'll have the airplanew when you want it." MCA has been conducting a direcr mail campaign to Wichita businesses in an efforf to build business for its aircraft charter service. Businessesa that locate on Wichita Airport Authority property are responsible for payingvconstruction costs.
The airport authority retains ownership of the land and the completer structures with the business makinglease payments. Executive AirShare and the airporg authority have been workingt on the project for morethan year, White Last fall, streets and utilitiea were extended into the southwest corner at Jabara to make the land ready for "This is the first tenant to go into it and we're real excited about it," White says. "It's going to open up that wholr area. We're negotiating with some other Nothingconcrete yet." Executive Airshare Corp. Headquarters: Charlexs B. Wheeler Downtown 150 Richards Road, Suite 150, Kansas City, Mo., 64116. Telephone: 221-7200.
Top executive: Bob Taylor, president and CEO. Web .
Victor White, director of airports for the WichitaAirport Authority, says information presented to the city's Airport Advisory Boarsd indicates that needs threes acres of land in the southwest corner of White expects a final leas e agreement to be worked out within two or threwe months. It would be the firstr tenant withina 20-acre tract where the airporyt authority spent $665,000 extending streets plus water and sewerf lines. Executive AirShare is currently headquartered atKansaa City's .
"I would just tell you that we haven't signe anything so we're just reluctant to talk abour it until we have an agreement with the saysBob Taylor, Executive AirShare's president and CEO. The company has four operations bases: Kansas City, Fort Worth and 12,000 square feet of office and hangar spaceat . The Wichita office handles flightt schedules forthe company's fleet of 12 businesss aircraft along with a maintenance operation. The leased spacee is inside 's 50,000-square-foot aircraft service center, knowh as a fixed-base operator Eaglejet boughtthe FBO'sw assets in 2006 from as it was evolving into Executive AirShare.
The move "woulc allow us to expand a We're full, completely," says Jamie Eaglejet's president and CEO. "Ir will allow me to start wooinfother customers." Executive AirShare sells partial ownership in busines s aircraft with the promise the airplane will be availablde on the customer's schedule. The fleet includez two Beechjet 400As, four Beechcraft King Air 305s, five King Air C90Bx and one Beechcraft Baron. The company has clientsz in Wichita, Taylor says, alonhg with the other three cities that haveoperationws bases. He declined to provide a specific number. Moving to Jabara would be more convenient forthose customers, Taylor says.
It creates a new fuel-salee customer for Midwest Corporate Aviation, Jabara'as FBO, but also a potential "If somebody gives up charter (service) and goes to fractionalk operation it doesimpact us," says Bob Karslake, MCA's president. "Charteer is still the cheaper way to goversus fractional, but the one thiny we can't offer that the fractionalws can is a guarantee that you'll have the airplanew when you want it." MCA has been conducting a direcr mail campaign to Wichita businesses in an efforf to build business for its aircraft charter service. Businessesa that locate on Wichita Airport Authority property are responsible for payingvconstruction costs.
The airport authority retains ownership of the land and the completer structures with the business makinglease payments. Executive AirShare and the airporg authority have been workingt on the project for morethan year, White Last fall, streets and utilitiea were extended into the southwest corner at Jabara to make the land ready for "This is the first tenant to go into it and we're real excited about it," White says. "It's going to open up that wholr area. We're negotiating with some other Nothingconcrete yet." Executive Airshare Corp. Headquarters: Charlexs B. Wheeler Downtown 150 Richards Road, Suite 150, Kansas City, Mo., 64116. Telephone: 221-7200.
Top executive: Bob Taylor, president and CEO. Web .
Tuesday, October 9, 2012
Bankruptcy possible for Six Flags - Business First of Buffalo:
gault-rickettsias.blogspot.com
, which owned the Genesee County theme park from 1999 to said it is unable to meet future paymentz to investors and creditors after losinyg morethan $200 millionb in the fourth quarter last year. In its annual report last theNew York-based company (NYSE: SIX) said a Chaptet 11 filing is possible if it doesn’t reach a deal to restructure its debt. Six Flags which have traded under $1 sincd September, dropped five cents, or 26 to 14 cents in afternoon trading March 13. The stock has traded betweeh 16 centsand $2.50 during the past 52 Six Flags is the world’s largest regional theme park companyg with 20 parks across the United Mexico and Canada.
The park, which encompasses 980 acres of which 386is developed, was begun in 1961 by Buffalpo investor Paul Snyder and is now owned by CNL Incomer Properties and operated by .
, which owned the Genesee County theme park from 1999 to said it is unable to meet future paymentz to investors and creditors after losinyg morethan $200 millionb in the fourth quarter last year. In its annual report last theNew York-based company (NYSE: SIX) said a Chaptet 11 filing is possible if it doesn’t reach a deal to restructure its debt. Six Flags which have traded under $1 sincd September, dropped five cents, or 26 to 14 cents in afternoon trading March 13. The stock has traded betweeh 16 centsand $2.50 during the past 52 Six Flags is the world’s largest regional theme park companyg with 20 parks across the United Mexico and Canada.
The park, which encompasses 980 acres of which 386is developed, was begun in 1961 by Buffalpo investor Paul Snyder and is now owned by CNL Incomer Properties and operated by .
Monday, October 8, 2012
Downtown at the Gardens faces foreclosure - Atlanta Business Chronicle:
ibitasony.wordpress.com
The 337,000-square-foot shopping comple opened in 2005 with high hopex of capitalizing on the wealthy residents of northerh PalmBeach County, but it has lost many of its originall tenants. Downtown at the Gardens is ownedby , a joint ventures between Skokie, Ill.-based and the . manages the shopping Main tenants includeCobb Theater, , the , TooJay’sx and RA Sushi. Downtown at the Gardens was a success initially, but a flawedd design and expensive rent didit in, said Orin VP of ' retail services group in Boca Raton.
People frequented the movie theater and restaurantsz on the exterior ofthe project, but the retailera on the inside are dying because they get sparsr foot traffic, he said. "Iy wasn't designed to have a proper flow of traffix throughthe project," Rosenfeld "They need to get someone inside there to draw peoplde in." A message left at the managementy office of Downtown at the Gardens was not immediatelty returned. On July 1, BH AABE DATG, an affiliatr of Boca Raton-based and Rockville, Md.-baseed Berman Enterprises, filed a foreclosurde complaintagainst , according to Palm Beach County Circuit Court records.
It seeks foreclosure on the property, at 11701 Lake Victorisa Gardens Ave., based on a mortgage made for $140 The affiliate of Ashkenazy & Agus Ventures bought the shoppingg center’s mortgage from in In April, it signed a modificationh agreement withthe mall’sd owner that required it to make a $3.3 millioj escrow deposit as additional securityg until the property improves its debt services coverage ratio and its occupancy rate. West Palm Beach-basesd attorney Gary M. who represents the Ashkenazy & Agus Venture s in the lawsuit, said Downtown at the Gardensa Associates missed the June 1mortgage payment.
He said the developerr is working with his client on a smooth transitiojn to hand overthe property. They filed a joint stipulateds judgment of foreclosure proposal withthe court. “My clients are multigenerational realestate developers,” Dunkeol said. “Their intention is to invest in this projecrt and revitalize Downtown atthe Gardens. They want to make it the significan project that it was expectedto
The 337,000-square-foot shopping comple opened in 2005 with high hopex of capitalizing on the wealthy residents of northerh PalmBeach County, but it has lost many of its originall tenants. Downtown at the Gardens is ownedby , a joint ventures between Skokie, Ill.-based and the . manages the shopping Main tenants includeCobb Theater, , the , TooJay’sx and RA Sushi. Downtown at the Gardens was a success initially, but a flawedd design and expensive rent didit in, said Orin VP of ' retail services group in Boca Raton.
People frequented the movie theater and restaurantsz on the exterior ofthe project, but the retailera on the inside are dying because they get sparsr foot traffic, he said. "Iy wasn't designed to have a proper flow of traffix throughthe project," Rosenfeld "They need to get someone inside there to draw peoplde in." A message left at the managementy office of Downtown at the Gardens was not immediatelty returned. On July 1, BH AABE DATG, an affiliatr of Boca Raton-based and Rockville, Md.-baseed Berman Enterprises, filed a foreclosurde complaintagainst , according to Palm Beach County Circuit Court records.
It seeks foreclosure on the property, at 11701 Lake Victorisa Gardens Ave., based on a mortgage made for $140 The affiliate of Ashkenazy & Agus Ventures bought the shoppingg center’s mortgage from in In April, it signed a modificationh agreement withthe mall’sd owner that required it to make a $3.3 millioj escrow deposit as additional securityg until the property improves its debt services coverage ratio and its occupancy rate. West Palm Beach-basesd attorney Gary M. who represents the Ashkenazy & Agus Venture s in the lawsuit, said Downtown at the Gardensa Associates missed the June 1mortgage payment.
He said the developerr is working with his client on a smooth transitiojn to hand overthe property. They filed a joint stipulateds judgment of foreclosure proposal withthe court. “My clients are multigenerational realestate developers,” Dunkeol said. “Their intention is to invest in this projecrt and revitalize Downtown atthe Gardens. They want to make it the significan project that it was expectedto
Saturday, October 6, 2012
Ideas for Brack Tract unveiled - Business First of Columbus:
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Those were some of the elements presented in two mastetr plans by LLP intheir long-range vision for the 350-acrr tract. The firm, which was hired 13 months ago to come up with amaster plan, presented their ideas to The System Board of Regentsx and the public on June 18. “The site could and shoulcd be the western anchorof downtown. If the naturwe of downtown is taller and than this will be smaller and said a representative ofCooped Robertson.
Representatives of the firm said they envisionb a transit oriented development with a lake front districrand ‘neighborhoods’ with parks, retail and residential The plan would be carried out in phases over the next few Although the firm presented two master plans, it recommended that the boardr select its Brackenridge Villagd plan. The main difference betweenn the plans is that the Universityof Texas’ biological field lab woulfd remain in the seconrd scenario, called the Brankenridge Park plan. Undefr the Brackenridge Village plan, the UT field lab would be relocated to one of nine sites suggestexd by theplanning firm, making way for the developmentr of the property.
Developere of the tract would build diversr buildings of two to six stories and structured parking that is concealexd fromthe streets. A number of infrastructure improvements were also includingthe re-alignment of Lake Austin the creation of a parallel roadwayt between Lake Austin Blvd. and Red Bud Trail and 20 lane-miles of new local As far as internal transportation, the plannerss advised the UT board to establish a TransportatiobManagement Organization. Possible transportation solutions includerd an internalshuttle system, extension of proposed city trolley systemj and bus service.
The planner suggested a number of ideax for incorporating sustainabledesigjn elements, such as storm water management unites and a community garden. The plannera advised that graduatestudent housing, which exists on three be relocated to the Gateway site between 6th and 10th The plans call for the development of a new 825-unit studenr housing complex. Supporters of the Lionsw MunicipalGolf Course, known as received bad news when the plannerz concluded that the golf course was no longeer viable and that it be used for Whichever plan the UT regentd adopt, the firm suggested starting with the graduat e housing project in late 2010, and following up with the selection of phasr I developers in 2012.
Several UT regent s expressed their gratitude to the firm fortheird plans. Chairman of the UT Boarr of RegentsJames Huffines, echoed the and said that the board will begihn studying the plans and reviewiny all recommendations. He added: “We are heartened by the proposexd graduate student housing that would preserve graduate housinyg while freeing up 73 acresfor development.” Phass I would include about 30,000 square feet of 1 million square feet of residentiakl and a hotel. Exposition Boulevard would be extende south. All four phases would have a totap squarefootage of: 15 million square feet of residential, office and civic/institution space.
About 11 acred dedicated for anelementary school. About 21.5 acred for academic uses, such as a possiblre UT campus. “Boat Town” neighborhood with a waterfronty plazaand marina. Phase I would include aboutf 80,00 square feet of retaipl and 1.3 million square feet of All four phases would have a totapl squarefootage of: 5.3 millio square feet of retail, residential, office and civic/institution Click for more information on the tract and details of the
Those were some of the elements presented in two mastetr plans by LLP intheir long-range vision for the 350-acrr tract. The firm, which was hired 13 months ago to come up with amaster plan, presented their ideas to The System Board of Regentsx and the public on June 18. “The site could and shoulcd be the western anchorof downtown. If the naturwe of downtown is taller and than this will be smaller and said a representative ofCooped Robertson.
Representatives of the firm said they envisionb a transit oriented development with a lake front districrand ‘neighborhoods’ with parks, retail and residential The plan would be carried out in phases over the next few Although the firm presented two master plans, it recommended that the boardr select its Brackenridge Villagd plan. The main difference betweenn the plans is that the Universityof Texas’ biological field lab woulfd remain in the seconrd scenario, called the Brankenridge Park plan. Undefr the Brackenridge Village plan, the UT field lab would be relocated to one of nine sites suggestexd by theplanning firm, making way for the developmentr of the property.
Developere of the tract would build diversr buildings of two to six stories and structured parking that is concealexd fromthe streets. A number of infrastructure improvements were also includingthe re-alignment of Lake Austin the creation of a parallel roadwayt between Lake Austin Blvd. and Red Bud Trail and 20 lane-miles of new local As far as internal transportation, the plannerss advised the UT board to establish a TransportatiobManagement Organization. Possible transportation solutions includerd an internalshuttle system, extension of proposed city trolley systemj and bus service.
The planner suggested a number of ideax for incorporating sustainabledesigjn elements, such as storm water management unites and a community garden. The plannera advised that graduatestudent housing, which exists on three be relocated to the Gateway site between 6th and 10th The plans call for the development of a new 825-unit studenr housing complex. Supporters of the Lionsw MunicipalGolf Course, known as received bad news when the plannerz concluded that the golf course was no longeer viable and that it be used for Whichever plan the UT regentd adopt, the firm suggested starting with the graduat e housing project in late 2010, and following up with the selection of phasr I developers in 2012.
Several UT regent s expressed their gratitude to the firm fortheird plans. Chairman of the UT Boarr of RegentsJames Huffines, echoed the and said that the board will begihn studying the plans and reviewiny all recommendations. He added: “We are heartened by the proposexd graduate student housing that would preserve graduate housinyg while freeing up 73 acresfor development.” Phass I would include about 30,000 square feet of 1 million square feet of residentiakl and a hotel. Exposition Boulevard would be extende south. All four phases would have a totap squarefootage of: 15 million square feet of residential, office and civic/institution space.
About 11 acred dedicated for anelementary school. About 21.5 acred for academic uses, such as a possiblre UT campus. “Boat Town” neighborhood with a waterfronty plazaand marina. Phase I would include aboutf 80,00 square feet of retaipl and 1.3 million square feet of All four phases would have a totapl squarefootage of: 5.3 millio square feet of retail, residential, office and civic/institution Click for more information on the tract and details of the
Friday, October 5, 2012
Census Bureau: Cary, Raleigh among top 10 fastest-growing U.S. cities; Durham in top 20 - Portland Business Journal:
houston-nearly.blogspot.com
Raleigh, Cary and Durham rankeds among the 25 fastest growiny large cities in the nation for the 12 months that endedJuly 1, the said in its annual populatiom estimates released Wednesday. Cary, which saw its population increaserby 6.9 percent, to 129,545, as of July 1, 2008, was the nation’s third fastest growing city. Raleigh’s populatio climbed by 3.8 percent, to making North Carolina’s capitap the eighth fastest growing Durham was ranked 16th with a 3 percent Its population roseto 223,284. New Orleanss experienced an 8.
2 percent increasre in its population, which rose to making the city ravaged by Hurricane Katrina in 2005 the fastesr growing city among places with populations greaterdthan 100,000. Charlotte, which saw its populatiohn increaseby 2.7 percent, to was ranked 23rd. Only Texas with seven cities – had more cities on the list thanNorthu Carolina. Round Rock, Texas, experiencedr an 8.2 percent increase, with its population risingf to 104,446, putting the Texas city in second Colorado and California each had three cities on the top25
Raleigh, Cary and Durham rankeds among the 25 fastest growiny large cities in the nation for the 12 months that endedJuly 1, the said in its annual populatiom estimates released Wednesday. Cary, which saw its population increaserby 6.9 percent, to 129,545, as of July 1, 2008, was the nation’s third fastest growing city. Raleigh’s populatio climbed by 3.8 percent, to making North Carolina’s capitap the eighth fastest growing Durham was ranked 16th with a 3 percent Its population roseto 223,284. New Orleanss experienced an 8.
2 percent increasre in its population, which rose to making the city ravaged by Hurricane Katrina in 2005 the fastesr growing city among places with populations greaterdthan 100,000. Charlotte, which saw its populatiohn increaseby 2.7 percent, to was ranked 23rd. Only Texas with seven cities – had more cities on the list thanNorthu Carolina. Round Rock, Texas, experiencedr an 8.2 percent increase, with its population risingf to 104,446, putting the Texas city in second Colorado and California each had three cities on the top25
Wednesday, October 3, 2012
Ryc Loope out as director of MRED program at ASU - Denver Business Journal:
ysynut.wordpress.com
Loope announced he was out in an e-mail sent May 11 to supportersand colleagues. He cited the university’s decision to move the MRED progranm from the ASU College of Design tothe W.P. Careg School of Business as the reason forthe change. “Wituh the MRED program now being administratively directed from the Caregy Schoolof Business, I am required to step out of the directorshilp of the MRED program. I want you to know that I am very disappointefd not to be able to continue the effortxs we havebegun together,” Looped wrote in the e-mail. Loopd was on his way to Las Vegads for an International Council of Shopping Centers event on Fridayg and was unable tocomment further.
Joan a spokeswoman for the ASU Collegesof Design, said Loope is still with the program. “There’xs an ongoing relationship. He’s out of the director but he’s not out of MRED or she said. Details of Loope’s plans were not available One student who graduated with the inaugural clasds in 2007 said she is worriedr aboutthe changes. “My understanding is that the Careg School did not have an interest in this prograk tobegin with, and I feel they could dissolvs it in a couple of years,” said Suzanner Gammage, owner of Gammage Realty Group.
Local attornegy and MRED supporter Jordan Rose is takinga wait-and-see “In a city that is arguably the capita l of real estate in the country, I am hopeful that this move will not diminisg one of the finest programs in the country,” Rose “My law firm has hired two MRED students, and they are a rare combinatioj of business and planning. You could never find anyone like that who had been formallyt trainedbefore MRED.” Robert Mittelstaedt, dean of the Careh School, confirmed Friday that Loope remains a member of the He also said the business schookl very much supports the program. “We at W.P. Careyg were involved in MRED fromthe beginning.
We were never againstt the program,” he The curriculum will remain largelythe same, he said, with an interdisciplinart approach that includes business, law, construction and Virgil Renzulli, a spokesman for ASU President Michaelp Crow, said the changes made sense givenb the economic climate, and because the Collegr of Design was merged into the Katherinwe K. Herberger College of the That decision was made aftereWellington “Duke” Reiter stepped down as dean of ASU’s Collegd of Design to assume the presidencu of the Art Institute of Chicago.
“Thisw was an appropriate time to considerr where the Master of Real Estated Development should be properly be academicallyt andadministratively housed,” Renzulli said. “MRED is being moverd administratively tothe W.P. Caret School of Business because, in addition to curriculu m necessary forthe program, the school has supporyt resources that can benefit students and programj operations.
” Renzulli did not comment on Loope’s statuws with the university, but said, “Ryv Loope has completed his normakl three-year appointment as Professor Michael Mokwa has been appointed interim and a search has begun for a new
Loope announced he was out in an e-mail sent May 11 to supportersand colleagues. He cited the university’s decision to move the MRED progranm from the ASU College of Design tothe W.P. Careg School of Business as the reason forthe change. “Wituh the MRED program now being administratively directed from the Caregy Schoolof Business, I am required to step out of the directorshilp of the MRED program. I want you to know that I am very disappointefd not to be able to continue the effortxs we havebegun together,” Looped wrote in the e-mail. Loopd was on his way to Las Vegads for an International Council of Shopping Centers event on Fridayg and was unable tocomment further.
Joan a spokeswoman for the ASU Collegesof Design, said Loope is still with the program. “There’xs an ongoing relationship. He’s out of the director but he’s not out of MRED or she said. Details of Loope’s plans were not available One student who graduated with the inaugural clasds in 2007 said she is worriedr aboutthe changes. “My understanding is that the Careg School did not have an interest in this prograk tobegin with, and I feel they could dissolvs it in a couple of years,” said Suzanner Gammage, owner of Gammage Realty Group.
Local attornegy and MRED supporter Jordan Rose is takinga wait-and-see “In a city that is arguably the capita l of real estate in the country, I am hopeful that this move will not diminisg one of the finest programs in the country,” Rose “My law firm has hired two MRED students, and they are a rare combinatioj of business and planning. You could never find anyone like that who had been formallyt trainedbefore MRED.” Robert Mittelstaedt, dean of the Careh School, confirmed Friday that Loope remains a member of the He also said the business schookl very much supports the program. “We at W.P. Careyg were involved in MRED fromthe beginning.
We were never againstt the program,” he The curriculum will remain largelythe same, he said, with an interdisciplinart approach that includes business, law, construction and Virgil Renzulli, a spokesman for ASU President Michaelp Crow, said the changes made sense givenb the economic climate, and because the Collegr of Design was merged into the Katherinwe K. Herberger College of the That decision was made aftereWellington “Duke” Reiter stepped down as dean of ASU’s Collegd of Design to assume the presidencu of the Art Institute of Chicago.
“Thisw was an appropriate time to considerr where the Master of Real Estated Development should be properly be academicallyt andadministratively housed,” Renzulli said. “MRED is being moverd administratively tothe W.P. Caret School of Business because, in addition to curriculu m necessary forthe program, the school has supporyt resources that can benefit students and programj operations.
” Renzulli did not comment on Loope’s statuws with the university, but said, “Ryv Loope has completed his normakl three-year appointment as Professor Michael Mokwa has been appointed interim and a search has begun for a new
Tuesday, October 2, 2012
Two-tower complex stands tall in sagging S.F. market - San Francisco Business Times:
lehoquvuhu.wordpress.com
The two-tower campus that straddles the soutb financial district and SoMa is more than 95percentt leased, with just 34,000 squarde feet of vacant space, according to Christopher Roeder of , who representz the property owner alongh with Ted Davies. The latest deal signed ther e was , which will move into 30,00o square feet on the seventh floor of the soutn tower and will haveabout 10,000 squarse feet in potential expansion space. Timothy Kazul and Darin Boscy of CB represented UniteeBioSource Corp. The move representx an expansion forUnited BioSource, which providesz operational and technological services to life science companiess and currently lists eight job openings in San Francisco.
The companyh is moving from 55Francisco St. Kazulo said 303 Second St. appealed to the company becausd it gave it a chance to be in contiguousw space within walking distance ofmass transit. The deal was the seconed largest signed in the second quarterr inSan Francisco. Roeder said 303 Secondr St. has the benefit of an all-cash pensionh fund ownership in a locatiomn that attracts both the creativer ad and tech firms drawn to SoMa and more traditional downtown businesses. “It’s an ownership who appreciatews occupancy rather than squeezing everyt dollar out of every tenant andeveryg deal,” Roeder said. Key tenantsw in the building includew , , Wells Fargo and Kennedy/Jenks.
sees rentd dropping in S.F. Over the past two San Francisco’s apartment market has remained buoyant asthe for-salw housing and office sectord tumbled. Now rental housing is starting to feelthe recession, according to a new studty from Marcus & Millichap. The brokerager says city rents this year will dropanothef 8.9 percent, bringing rates back down to 2007 levels of $1,77e3 per month for a one-bedroojm apartment. The report states that job cuts are expectedc to accelerate this year as employerstrim 40,500 workers for a 4.1 percentg decline. In 2008, net losses totaled 15,700 The report predicts that vacancyy will climb 150 basis pointsto 5.
1 percent, after sheddiny 30 basis points in 2008. More East Bay commercialp condos are coming onlinwe in Walnut Creekand , a multi-phase commercial condo developmen in Walnut Creek, sold the first unit in its firsr 17,152-square-foot building. The building, which was completed earlier this month, containes nine units. The first buyeer is Laura Timmerman, a physician, who picked up a 2,250-square-fooy unit. Larry Easterly and Knute W. Bucklew of representex the developer, Vertical Ventures. The developer plans threwe phases comprisingthree single-story buildings for a combinerd 52,601 square feet at 210–298 N. Wigey Lane.
“This is the first new, state-of-the-art medicapl property in the Walnut Creek area for quiteesome time,” said Easterly. Units withihn the property are expected to sell forbetweemn $310 and $369 per square foot or to leass between $2.30 and $2.40 per square foot per month. Developer Centro City Properties recently wrapper up construction on a projecy at 13317th St. in Berkeley, knowm as Centro 1331.
The development, designed by , includexs nine two-story units that rangw in sizefrom 1,1009 to 1,500 square feet and cost between $467,000 and The units are aimed for buyeras that need space for uses such as office, studio or light The project is pursuing LEED Gold Hope Hospice, a care center for the elderly and terminalluy ill, leased 14,850 square feet in the Crossroadss Office Center in Dublin aftedr outgrowing its previous office location, also in “The site fit their needs really well and the economicss made sense,” said Dan Watson, who representedr the tenant along with Marcy Place, both with . The landlord, , representes itself in the deal.
The two-tower campus that straddles the soutb financial district and SoMa is more than 95percentt leased, with just 34,000 squarde feet of vacant space, according to Christopher Roeder of , who representz the property owner alongh with Ted Davies. The latest deal signed ther e was , which will move into 30,00o square feet on the seventh floor of the soutn tower and will haveabout 10,000 squarse feet in potential expansion space. Timothy Kazul and Darin Boscy of CB represented UniteeBioSource Corp. The move representx an expansion forUnited BioSource, which providesz operational and technological services to life science companiess and currently lists eight job openings in San Francisco.
The companyh is moving from 55Francisco St. Kazulo said 303 Second St. appealed to the company becausd it gave it a chance to be in contiguousw space within walking distance ofmass transit. The deal was the seconed largest signed in the second quarterr inSan Francisco. Roeder said 303 Secondr St. has the benefit of an all-cash pensionh fund ownership in a locatiomn that attracts both the creativer ad and tech firms drawn to SoMa and more traditional downtown businesses. “It’s an ownership who appreciatews occupancy rather than squeezing everyt dollar out of every tenant andeveryg deal,” Roeder said. Key tenantsw in the building includew , , Wells Fargo and Kennedy/Jenks.
sees rentd dropping in S.F. Over the past two San Francisco’s apartment market has remained buoyant asthe for-salw housing and office sectord tumbled. Now rental housing is starting to feelthe recession, according to a new studty from Marcus & Millichap. The brokerager says city rents this year will dropanothef 8.9 percent, bringing rates back down to 2007 levels of $1,77e3 per month for a one-bedroojm apartment. The report states that job cuts are expectedc to accelerate this year as employerstrim 40,500 workers for a 4.1 percentg decline. In 2008, net losses totaled 15,700 The report predicts that vacancyy will climb 150 basis pointsto 5.
1 percent, after sheddiny 30 basis points in 2008. More East Bay commercialp condos are coming onlinwe in Walnut Creekand , a multi-phase commercial condo developmen in Walnut Creek, sold the first unit in its firsr 17,152-square-foot building. The building, which was completed earlier this month, containes nine units. The first buyeer is Laura Timmerman, a physician, who picked up a 2,250-square-fooy unit. Larry Easterly and Knute W. Bucklew of representex the developer, Vertical Ventures. The developer plans threwe phases comprisingthree single-story buildings for a combinerd 52,601 square feet at 210–298 N. Wigey Lane.
“This is the first new, state-of-the-art medicapl property in the Walnut Creek area for quiteesome time,” said Easterly. Units withihn the property are expected to sell forbetweemn $310 and $369 per square foot or to leass between $2.30 and $2.40 per square foot per month. Developer Centro City Properties recently wrapper up construction on a projecy at 13317th St. in Berkeley, knowm as Centro 1331.
The development, designed by , includexs nine two-story units that rangw in sizefrom 1,1009 to 1,500 square feet and cost between $467,000 and The units are aimed for buyeras that need space for uses such as office, studio or light The project is pursuing LEED Gold Hope Hospice, a care center for the elderly and terminalluy ill, leased 14,850 square feet in the Crossroadss Office Center in Dublin aftedr outgrowing its previous office location, also in “The site fit their needs really well and the economicss made sense,” said Dan Watson, who representedr the tenant along with Marcy Place, both with . The landlord, , representes itself in the deal.
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