Bloomberg | Slowing China Means Ore-Ship Rates at Lowest in Decade Bloomberg Enlarge image Slowing China Means Ore-Ship Rates at Lowest in Decade Slowing China Means Ore-Ship Rates at Lowest in Decade Carla Gottgens/Bloomberg Cargo ship Mineral Shikoku, heading for Tianjin, China, is loaded with iron ore at a ship loading ... Sl owing China Means Ore-Ship Rates at Lowest in Decade: Freight |
Friday, December 30, 2011
Slowing China Means Ore-Ship Rates at Lowest in Decade - Bloomberg
Wednesday, December 28, 2011
Browns' Joe Thomas selected to fifth Pro Bowl - Springfield News Sun
Buffalo News | Browns' Joe Thomas selected to fifth Pro Bowl Springfield News Sun Cleveland's steady left offensive tackle was selected to the AFC Pro Bowl team for the fifth straight year on Tuesday, joining H » |
Monday, December 26, 2011
Newly Engaged Hilo Man Dies In Overnight Van Crash - KITV Honolulu
Newly Engaged Hilo Man Dies In Overnight Van Crash KITV Honolulu 23-year-old Marvin Glenn S. Cascayan Died Early Sunday Morning After Crashing On Kulana Road In Paukaa What started as a night of celebration ended with tragedy on the Big Island. Celebrating his recent engagement, 23-year-old Marvin Glenn S. Cascayan ... |
Friday, December 23, 2011
Report: Maryland foreclosures fall in May - Baltimore Business Journal:
Compared with April, foreclosures fell 25 percenftin Washington, D.C. to 299; 14 perceng in Virginia to 5,385; and 2 percentr in Maryland to 3,539. Nationally, foreclosures declinedd 6 percentto 321,480 ,according to the latestf survey by Irvine, Calif.-based , a foreclosurew research firm. Virginia continued to have the highest rate of defaulty among thethree jurisdictions, with one in 608 homesw receiving a foreclosure notice. Maryland was next with a default rate of one in everh655 homes. The District’s default rate is the at one in every951 homes. The District also had the best foreclosur e performance compared with May with defaults declining 24 percenr from the yearago period.
Virginias foreclosures were 2 percent higher than Mayof 2008. Marylanf foreclosures were 51 percent higher than ayear ago. Nationally, RealtyTravc reported that foreclosures in May were 18 percenft higher than oneyear ago. One in ever y 398 U.S. homes received a foreclosurre filingin May, easing back from April’s national rate of one in every 374 the highest monthly foreclosure rate sinced RealtyTrac began issuing data in January 2005.
Wednesday, December 21, 2011
Dish Network to hand out converter boxes in Houston - Minneapolis / St. Paul Business Journal:
The estimates that 1.6 million peopl in the Houston area have ordered couponz for theirconverter boxes, but only 870,172 coupons have been redeemed as of May 30. The “Couponh Swap” program is a nationwider initiative to get customers ready for the conversio n to digital television signals onJune 12. Convertert boxes are only available to those with avalidx $40 coupon. Customers can go to Cossaboom YMCA at 7903 Soutnh Loop East onJune 5, or M.D. Anderson Family YMCA at 705 Cavalcad onJune 6. Dish Network handed out about 400 boxeas in Dallaslast weekend, according to Marcel Guajardo, a spokesmabn for the company. The current plan is to hand out abouy 400 to 500 boxesin Houston.
Guajardo said representatives from the FCC will also be on hand to answer questions related to the digital conversiomn and what households need to do to be ready forthe
Monday, December 19, 2011
Hal Leonard media venture to enhance Guitar Edge - The Business Journal of Milwaukee:
The joint venture, Guitar Edge LLC, will expanc and enhance Guitar Edge magazine into a multimediaw resourcefor guitarists. Hal Leonard'as Guitar Edge magazine debuted in the summeerof 2006. The magazines specializes in providing accurate transcription s in standard notation andguitar tablature, or for the hottest songs in all styles. The new Guita Edge will adopt the four-platform multimedia mode pioneered byPremier Guitar, a Mount Iowa-based media company that publishes Premier Guitar magazine. The strateggy features a print magazine supported by a freeonlin magazine, Web site and weekly e-newsletter. The enhancex Guitar Edge will make its debutt with the September2009 issue.
Editorial staffd from both firms will provide content for Guitar Edge and subscribers to both magazinescan opt-in for the new, free-of-charge Guitar Edge digital Jeff Schroedl, vice president of pop and standarfd publications for Hal Leonard, said the new medis will provide an additional revenue stream for its publishing partners. Publishere will be paid basedd on page views whenever readers of the magazineds view the free tab songs Premier Guitar CEO Peter Sprague said the collaboration with Hal the world's largest publisher of sheet music, could lead to a "host of new
Saturday, December 17, 2011
Big Blue Bubble releases Dark Incursion, can make use of your old 3D glasses too - DroidGamers
Big Blue Bubble releases Dark Incursion, can make use of your old 3D glasses too DroidGamers Although slightly late on release, Dark Incursion is a great retro-style Steampunk themed side-scrolling hack n; slash game for Android. It can also make use of those old 3D glasses you may have laying around. Dark Incursion is a Steampunk themed hack ... Dark Incursion launched on Android! |
Thursday, December 15, 2011
Fed e-mails critical of BofA, Lewis - Dayton Business Journal:
The e-mail messages were entered into the publiv record as partof Thursday’s hearinbg held by the U.S. House Committee on Oversightf andGovernment Reform. Lewis testifiefd for about three hours regardingthe government’sa role in BofA’s purchase of Merrill, sayint government pressure to go througu with the deal was a factor in his decision. But e-mails from varioux high-ranking Federal Reserve officials suggest regulator s thought Lewis was bluffing when he considereed backing out of theMerrill deal.
“Keb Lewis’ claim that they were surprisee by the rapid growth of thelosses (at Merrill) seemxs somewhat suspect,” Fed senior banking supervisor Tim Clark state d an e-mail to other regulators. “It calls into question the adequacyy of the due diligence process BAC has been doing in preparatiom forthe takeover.” Another e-maip from Fed counsel Scott Alvarez to Fed Chairmajn Ben Bernanke said of Lewis: “Making hard decisiond is what he gets paid for ... we shouldn’tf take him off the hook.” One e-maill said Lewis used the threat to call off the Merril l merger asa “bargaining chip.
” In testimon Thursday, Lewis denied using Merrill as a bargaining Instead, he said his concerns about the deal were but bank and federal officials agreed proceeding with the purchass using taxpayer aid was in the best interest of the financial systejm and Charlotte, N.C.-based BofA (NYSE:BAC).
Tuesday, December 13, 2011
Proposed Tennessee bill would tax visiting NBA, NHL players - Charlotte Business Journal:
Under House Bill 0019, Tennesseer would tax athletes and entertainers performinyg in the state who make morethan $50,00p0 a year. The bill would increase state revenue by morethan $1.1 million and the funds wouldd be used for juvenile court-related programs. The tax would cover opponents of the and for up to threes gamesa year. However, opponents of the woulx be exempt. Greg Campbell, president of businese operations for the Memphis said other states have similarr taxes forprofessional teams. “We are aware of the state's intentionb to pass a bill that wouls impose a privilege tax on professional basketballl players in the stateof Tennessee,” Campbell said.
“We will be keepingh a close eye on this as it continues to move througg the approval process and trustthat Gov. Bredesen and his fellow lawmakers will continus to do what is best for Tennessee and professional basketbalpl inthe state.” At least 15 otheer states have a similar tax including Illinois, Minnesota, Colorado, California, Arizona, New North Carolina, Louisiana, Oklahoma, Ohio, Massachusetts, Oregon, Indiana and Michigan has a reciprocalo law in place that charges players that play for teams with the tax but not players that play in statew without it.
Saturday, December 10, 2011
Charters, DCPS to compete more freely in HS sports - Washington Examiner
Charters, DCPS to compete more freely in HS sports Washington Examiner DC Mayor Vincent Gray plans to appoint a citywide athletic director by the end of the year, enabling charter schools to compete with DC Public Schools in tournaments like the Turkey Bowl high school football championship. It's essentially a plan to ... |
Thursday, December 8, 2011
Hearing set to certify Chinese drywall class - Denver Business Journal:
The plaintiffs’ homes were constructed with what they allegre was defectiveChinese drywall. , built the The judge also set a possible trialp date forSeptember 2010. Lawyers workingh on the case say it may be the firstf Chinese drywall case set fortrialp nationwide. High-sulfur Chinese drywall is believed responsible forstrontg odors, metal corrosion and health complaintss in thousands of homes in Florida and the Southeast. Federal class action suits were combinecd recently inNew Orleans. , The Blumsteinh Law Firm and alleg inthe Miami-Dade suit that the defectivew drywall emits toxins, includin g carbon disulfide, carbonyl sulfide and hydrogen sulfide.
They believe drywalol manufactured in China was used in as manyas 60,000 Florida homes and as many as 100,000 in the U.S. during the buildingg boom between 2004and 2007. The state case was filex in February on behalf of Jasonm and Melissa Harrell and other homeowners who purchase ddefective homes. In a preses release, the firms said the defective drywall was installedf inthe Harrell’s home by the South Kendall Construction and supplied by In an interviews in January, South Kendall Construction’s president told the Busines Journal he was investigating the problem, but he has not respondede to additional requests for Repeated attempts to speak to officials at Bannert Supply have not been successful.
Tuesday, December 6, 2011
Delinquencies, foreclosures continue to climb - Puget Sound Business Journal (Seattle):
Four states – Florida, Arizona, California and Nevada drove up the national accounting for about 46 percent of the foreclosure starts in the and representing 56 percent of the increaswe inforeclosure starts, according to the MBA. Nevada had the highest overalkl delinquency rate across all types of loansat 11.75 followed by Mississippi at 11.7 percent and Floridza at 10.67 percent. The delinquency rate includes loan that are at least one paymentpast due, but does not includer loans in the process of foreclosure. Based on foreclosure the states with the highestt rates wereFlorida (10.56 percent), Nevada (7.83 percent) and Arizona (5.
56 percent) The numbers are higherr and are only expected to said Jay Brinkmann, chief economist for the MBA. “Thee rate of foreclosure starts remained essentially flat for the last three quartersof 2008, and we suspected that the numbers were artificially low due to various state and local moratoria, the and halt on foreclosures, and variou company-level moratoria," Brinkmann said. However, he now that the guidelines for theObama administration’s loan modificationds are known, along with an increasre in the number of vacanf homes with past due mortgages, “thed pace of foreclosures has stepped up considerably.
" There’es also been a shift away from subprimr and adjustable rate mortgages to prim fixed-rate loans falling into The foreclosure rate on prime fixed-rate loans has doublee in the last year, and, for the firsrt time since the rapid growth of subprime lending, primse fixed-rate loans now represent the largest share of new “More than anything else, this points to the impacy of the recession and drops in employment on mortgager defaults,” Brinkmann said. Lookingb ahead, he said it doesn’t appea r that the number of mortgage defaults will stargt to drop off until the employment situation gets andthat isn’t expected untilk mid-2010.
Sunday, December 4, 2011
Local home sales plummet 30% in May - Pacific Business News (Honolulu):
region plummeted 30 percent in May despits indications more potential buyers are being drawn into the real estate market by low interesrt rates and a federal tax incentivefor first-time A total of 554 new and existingf single-family homes and condominiums sold in the compared to 790 a year ago, based on preliminary figureds released today by the . The overall median sale price fell2 percent, to although prices were flat or rose in four of the six countiees where most of the sales occur. The median prics fell 7 percent in RensselaetrCounty ($170,000) and 4 percent in Saratoga Countu ($238,800).
The median price was unchanged in AlbanyCounty ($205,000) and increased 6 percenrt in Schenectady County ($160,000), 13 percent in Schoharie Countuy ($148,500) and 39 percent in Montgomerhy County ($106,700). The median is the point at whicg half of the pricese were more and halfwere less, which is considered a better gauge of the salesd market than the average. The average pricew in May fell3 percent, to $213,820. The May results don’t necessarily reflect the activity in the markey today since it takes two to three montha for a purchase contract to proceed to afinao closing.
“I will tell you it has been my experience that open houseaare active, phone calls and Internet leads are many,” GCAR Presideny Sandra Nardoci said. “The feeling is that when buyeres become confident that their jobs are secure our markeft will pickup rapidly.” GCAR Chief Executive Officedr James Ader has said the salexs report that’s compiled in July and released to the news mediq in August will provide a good readingb on how the spring market fared. There is one potentially tellingf sign of a possible the overall median sale priced has increased steadily since risingfrom $171,700 to $191,900 in May.
When only existinf homes are counted, total sales in May fell 26 That compares witha 3.6 percent declinde in existing-home sales nationally compared to a year ago. The mediahn sale price for existing homez in the Albany region increased 2 to $185,000. Nationally, the median sale price was down 16.8 percent, according to the . Albangy County: 151 closed sales, down 16 percent Rensselaed County: 53 closed sales, down 55 percentf Saratoga County: 163 closed sales, down 34 percent Schenectadyu County: 93 closed down 11 percent Schoharie County: 14 closed down 22 percent Montgomery 20closed sales, no change
Friday, December 2, 2011
Fifth Third loans decline in April to $6.2 billion - Business Courier of Cincinnati:
billion in loans in April, down from its Marchn levels, according to a report it makes tothe U.S. Treasury. Fifty Third’s loans fell about 13 percent fromthe $7.1 billionj in loans it made in March. But the figured is up from $5.5 billionm in February and $5.1 billion in Mortgage lending was a big part of theAprilo volume, thanks to lower interest rates, Fifth Third said in the Its mortgage originations jumped $260 million from March to $2.2 The vast majority of that $1.
9 billion – came from It lent nearly $400 millio for new purchases of Demand for small-business loans has been stablwe for most of the but it declined in April, Fifth Thirdx (NASDAQ: FITB) said in the report. Declining demand for home equit y and auto loans causec overallconsumer non-mortgage loan demand to fall slightlty compared with March. But credit card originationes jumped35 percent, or $55 million, to $211 “Over the past severa l months there has been a lot of focu s on increasing the bank’s already-stronv capital levels,” Fifth Third CEO Kevijn Kabat said in a news “Having a strong capital position is importan as it allows us to make loans to qualified something that we continued to do in Fifth Third, with $119 billion in assets, is Cincinnati’s largesft bank.
It has more than 1,300p banking locations in Ohio, Kentucky, Indiana, Illinois, Florida, Tennessee, West Virginia, Missouri, Georgia and North Carolina.
Tuesday, November 29, 2011
Make friends your own age - St. Louis Business Journal:
At that time, Jack Flacb was the dean of the Missourijpress corps. Right out of the script of “Front Jack chomped a cigar, was on a first-name basixs with every senator and congressman and knew whers all the bodieswere buried. And he called everyoner "Kid". Jack gave me some wonderful career advice when he said make friends yourown age.” That was a nice way of don’t steal my sources or step on my It also directed me to the very back row of the aldermanicf chambers at City Hall where I met a bright, ambitiousx alderman named Dick Gephardt.
I followed Congressman Gephardt’s storied career for many gainingsome bylines, lots of behind-the-scenes stories and my own cast of characters and list of sources. It’s a privilege to watcg your friends succeedbut it’s hard to imagine anyone today approaching Jack Flach’d Rolodex, that is if he ever took the time to writde down a phone number. there is no modern journalist who matches Jack’s style. That might be a good thing. Yet when I read the profil on Mary Nelson on Page 10this it’s all I could do to keep from shouting “o know her.” When you read the story, you’lol understand why I’m so proud of the friendship.
More you’ll realize how you can make your own friendw in places that matter by applying for one of the 900 appointmentz Mary and her staff are charges with fillingin Gov. Jay Nixon’s administration. There’es a Web site, . Whew! This is an important time to get For some of us who are in a state appointment brings opportunitieas to meetnew people, expand make a difference. For those of us fortunate enoughu to have jobs or happy as this is a chance to lend see the world from abroader perspective, make a There is a feeling of paralysis and isolationj permeating the land.
I hear my friends say they can’ft bear to listen to NPR or watch CNN becausew the barrage of newsis stultifying. (Of course my friendd wouldn’t talk about givinf up newspapers but we all know dailgy readershipis dropping.) We work hard at the to overcomw the bad news. We don’t want to be Pollyanna but we do want to chronicl sunshineand opportunity. Mary Nelson’s story this week is filledx with both. Have a great week.
Sunday, November 27, 2011
DynCorp lands $915M aviation contract - Sacramento Business Journal:
Falls Church-based DynCorp (NYSE: DCP) will providse the Department of State with aviation and aviation support serviced in Iraq under the terms of the deal whic h has one base year andfour one-year If all options are exercised the total value of the project is $915 DynCorp reported $813 million in its latesy quarter. “This award is a tremendouslyy important opportunity for DynCorp International to supporyt the safety and securithyof U.S. diplomatic personnel serving in said DynCorp CEOWilliam L.
“It’s an honor to contribute to our government’w efforts to promote peace and stabilityin Iraq, for us as a companuy and for every person who serves with DynCorp said the award, to provide personnel, groundd and flight operations, as well as basing and maintenancse of rotary wing and fixed air began with a transition period June 15, 2009 and will reachb full operation on September 4, 2009.
Friday, November 25, 2011
Amy Adams carries another âHappyâ tune with âThe Muppetsâ - NewsOK.com (blog)
NewsOK.com (blog) | Amy Adams carries another âHappyâ tune with âThe Muppetsâ NewsOK.com (blog) After singing and dancing her way through Disney's 2007 animated/live-action blockbuster âEnchanted,â the three-time Oscar nominee shares the spotlight and musical numbers with the lovable felt puppets. BEVERLY HILLS, Calif. ... |
Wednesday, November 23, 2011
Alabaster's loss is Calera's gain - Birmingham Business Journal:
Alabaster officials acknowledge that was the although they're quick to note that things are differenrt in the two years sincwe Mayor David Frings and a new City Council took office. "They're absolutel y right. Alabaster used to be an anti-commercial, anti-growth community. Actually, that'e why they hired me to turn it says Cam Ward, Alabaster' director of economic development, who is unopposed in Novembef for a seat in the Alabama Houserof Representatives.
"The Super Wal-Mart goin to Calera and the factthe (Shelbt County) airport was annexed into Calera are both due to the fact Alabasterd hasn't been friendly" to commercial developerds and the business community in general, Ward says. Rather than throa rocks, Ward commended Calera Mayor Georgs Roy and Pelham Mayor Bobby Hayes for reeling in developmentyAlabaster shunned, primarily by limitinhg extension of its sewedr system. "Alabaster is still the population center of Shelby but we're working hard to catcjh up with those two," Ward "The city has mended fences and turned around in the opposite direction.
We're extremely proactive in the business community," Mayor Frings Evidence is Alabaster wooingAronobv Realty's Whitestone Center on Alabama 119, which will be anchoreds by a Publix grocery. The Shelby West Corporate Park at the northb end of the Shelby County Airport has recently attracted new largwe warehouse tenants such as Birmingham Tobacclo andArmstrong Relocation, the local franchise of United Van Lines. But it wasn't alwayzs that way. "I told the mayor 'One of the best things that happened to you is when Alabaster shutdown development.
' They just didn't seem to want it," says formetr Shelby County Probate Judge Tommy Snowden, who servedd from 1977-95, and is now a residentialp and commercial real estatew agent working Calera with Re/Max First Choice in Pelham. Part of Alabaster'ws problem, Snowden says, was political infighting. "The city fathersw sort of seemed like they squabbled among while Calera was more organizedx like Pelhamand (Mayor) Bobby Hayes," Snowdejn recalls. "Alabaster made you feel like they didn't want you there," adds Mark developer of several Calera projectsz viahis I-65 Properties and Claytonb and Clayton Realty.
"Most everybody who has triesd to develop there will tell you the same Clayton says. "But it was 180 degrees when you talked with Caleras andMayor Roy. They were even easier to work with thanShelbhy County." Roy was such a help that Clayton was successfulo naming the road through his Millennium Park commercial thoroughfare "George Roy Parkway." But whilw Calera bends over backward to welcome commercial and residential Roy shrewdly uses the city's sewerd and natural gas infrastructure to Calera' s advantage. "These subdivisions said they wanted to be on oursewerr system. We told them, 'Good. Be in the Roy says proudly.
"It was our calling card to get themin Calera." Indeed, a map showsw pockets of annexed land far from Calera's town encompassing upscale subdivisions such as Waterford, Shelby Springd Farms and Willow Cove, whicg is near the Chilton County Developers are nearly unanimous in their praisee for Roy, the congenia l 74-year-old mayor, who first took officee in 1966. Roy, they say, is the key to makinv the wheels ofdevelopment turn. "I can'tt say enough good things about Mayor saysMike Graham, president of Graham and Co., developer of a $15 million, 500,000-square-foo multi-tenant warehouse in the Shelby Commerce Park on U.S. 31.
"Wheb we bring prospects to Calera, we make a point to let them meet himbecauser he's such a positive influence. He givews businesspeople the confidence that the citysupports business."
Monday, November 21, 2011
The Surprising Lives of Cycads - Scientific American (blog)
The Surprising Lives of Cycads Scientific American (blog) A cycad. OK, so what's a cycad? This is a cycad. Not dinosaur eggs -- but something that the dinosaurs might have seen. Creative Commons kiryna. Click image for license and link. Here's what they typically look like in profile. ... |
Saturday, November 19, 2011
HEI names new GM for Sheraton Music City - Nashville Business Journal:
Morrissey replaces Hugh who wasthe hotel’s generalp manager for 14 years beforse retiring this month. The plantation-style hotell on McGavock Pike sits atop 23 acres and offerds morethan 32,000 square feet of meetintg space that can host up to 1,300 guests. “Innovative, resourcefuo leaders who can motivate those around them to better serve guests are the hoteliers we seek to increasr ourbench strength,” said Michael Miner, senior vice presidenty of operations for HEI. “Jimn Morrissey has more than 20 years in the hospitalityg industry and a proven recorsd of success in such key arease asstrategic planning, budgeting, revenue optimization and gues service improvement.
” Morrissey was regionak director of sales and revenuer management for . Before he was the transition general managee of the inPanama City. “The property is the secondx largest freestanding conference hotelin Nashville, and I fullh expect we will continude to welcome guests to the Musix City with the highest quality of comforrt and service,” Morrissey said. HEI, headquartere d in Norwalk, Conn., is a hospitality investment firmthat develops, owns and operates full service hotels underd brand names including Marriott, Sheraton, Westin and Hilton.
Thursday, November 17, 2011
Tedco awards $600K to tech firms - Puget Sound Business Journal (Seattle):
The money was grantedc in collaboration withthe U.S. Army Medical Research and Materielo Command and the throughthe Ft. Detrick Technology Transfer Initiative. The purpose of the technolog transfer program is to raise awareness of new and developing technologiesd and funding them to transition as viabld projectsfor follow-on funding in the market Each company that received fundintg was awarded approximately $50,000o between March 2008 and May making up the initiative’s second round of financia l awards since its $750,000 program extension. The funds for the program’xs second phase were secured by Sen. Barbara D-Md., and Rep. Roscoe G. R-Md. “The [Ft.
Detricl Technology Transfer Initiative] program is enablin g area businesses to harness the technologies being developed at Fort Detrick and apply them to thecommerciao sector,” said Mikulski. “Thiw will lead to new productsd that have the power to creater jobs andsave lives.” Mikulski announced the firsr phase of the tech transfer prograjm in March 2005 when 11 companiea received funding.
in The company is developing a health care technology calledmiTag system, which is a scalable wireless sensor solution for improving patient in Frederick: The company is developing a technology called the GeNovz Screen to identify, isolate, and produce antibody-like in Rockville: The company is developing an on-deman biotech products including a combination vaccine against plague and anthrax. BioAssay Works LLC in Ijamsville: The compangy is developing a lateral-flow visuak diagnostic test to detect and differentiate single sample multiplepathogenic poxviruses, including variola, and monkeypox.
in Catonsville: The company is safety-testin g a medical product called ClotFoam, which is a intracavitary hemostatic agent. CynerGenw IDMP in Frederick: The company is developing, validatingv and implementing a supplemental diagnosisof Malaria, HIV, and Denguw using its Infectious Disease Multiplez Panel approach, which could allow for creation of LLC in Baltimore: The company is developing requireds components and system framework to enable conversational interfacese for telemedicine tools. Such tools would allow professionakl medics touse voice, gesture, and other human- computer interactions to access and document information in electronic medical records.
in Rockville: The company is developingh technology to preserve mammalian cells in dried formagt that can easilybe re-hydratedx for a variety of uses. LLC in The company is evaluating the effect of Imagilinj patented probiotics as a food supplement to enhance the immunse responsiveness of guinea pigs upon immunization or challenge withvirulenf pathogens. The evaluation will suggest the abilitty of Imagilin patented probiotics to enhance the immunizationh ofa vaccine. in Baltimore: The companyy is developing micropatterned substrates for viralinfectivity assays.
Juxtopia in Baltimore: The company is customizinfg its Wearable Assistance and Situational Awareness goggles and service toalloe U.S. Army combat medics to access and document information to electrical medicao recordsvia hands-free voice-requests and voice-responses. in The company is developing cell therapies to treat braimn and spinalcord injuries.
Monday, November 14, 2011
Pizza chain expands, might add 12 eateries in four years - New Mexico Business Weekly:
, which has four Triad locations, will open a site in High Poing and anotherin Winston-Salem by the end of the said Jamey Horton, principal partner for LLC, the franchisr operator for the area. The High Point site will be in Palladiun Commons near the intersection of Sameyt Driveand N.C. 68, but the site in Winston-Salemm isn’t yet determined. Horton said he is finalizin the lease for the HighPoingt site, which will be abouyt 2,600 square feet and will need $350,00p0 to $500,000 worth of It is scheduled to open in the fall, likely in September.
Additionally, Horton said he is negotiating a land purchaswe for thenew Winston-Salem He will either retrofit an existing buildingt or construct a new restaurant, which will cost up to $900,000. Dependinvg on how quickly the deal moves, it will open between Novemberand January. Each restaurantr will require about 25 to 35 including managers, cooks and delivery drivers. The projects are being financed by Hortonb and his partners inTriad Pizzeria, he said, addinyg that he has not selectede a general contractor yet.
Triad Pizzeria has Donatow locationsin Greensboro, Winston-Salem, Burlington and Horton also said he is committed to a contracf with the Columbus, Ohio-base d company to open three to four eateries annually for the next four to five Ray Collins, president of Winston-Salem-based and the broke for the Donatos deal, said the recession and real estate slumpo has made it easiet for businesses such as Triad Pizzerisa to negotiate lower construction, land and leasee costs, making expansion more feasible.
In recent other value-oriented food chains have announced expansiojn plans inthe Triad, including Charlotte-based Bojangles’ and Greensboro-based
Saturday, November 12, 2011
Resolute Games launching new iPhone app - Pittsburgh Business Times:
Seven Deaths is a fighting game that followss the lives of eightr characters through one night in Nagamachiu through a battle for control in the The game includes full stories of the characterss anddetailed backgrounds. The game will also eventuallgy include updatesfor Wi-Fi multiplayer and social media. Resolute Games has also createds otheriPhone applications, includinhg “ThumStruck,” “Segment” and “Elvis Mobile.” And Resolutw gamers will now have new, faster devicesd to play on.
At its Worldwide Developers Conference in San announced the next generatiojnof iPhone, which will downloaxd content three times faster than the curren t brand and will include a 3-megapixel autofocus It also has voice-contropl features and a built-in The 3GS also has improved battery life with up to nine hourws on WiFi, 10 hours whilde watching video, 30 hours using 12 hours using 2G talk and five hoursz using 3G talk. The new iPhone will be available in blacko and white onJune 19. It will sell for $199 for a 16GB modeol and $299 for 32GB.
Thursday, November 10, 2011
Ritz Camera to sell 400 stores - Orlando Business Journal:
The Beltsville-based privately held chaijn has won the approval of rules governin the sale of assets at 400 stores it plansdto shutter. Ritz has more 1,000 locations in 45 including six in theOrlando area. U.S. Bankruptcu Judge Mary Walrath ruledin Wilmington, Del., that biddint procedures for the stores Ritz wants to clos e are fair. She also approved Ritz's requestf to borrow $85 million from to help fund operationxs as it shuts the In court papers the company said it wants liquidatorz to bid for rights to oversee the salex byMarch 30. If more than one acceptable bidis received, it will hold an auction April 1. Ritz scheduled an April 2 hearing to approve the sale.
quotes Ritz Chief Restructuring Officer Marc Weinsweif assaying “The success of today’s hearingt positions us for a successful reorganization.” Ritz will have as many as 375 storee after the sales. Weinsweig is also quoted as saying two groupss of liquidators havemade bids. One consists of and Hilcok MerchantResources LLC. Walrath gave Ritz permissiob on March 19 to hire Gordo Brothers to shut downthe company's 130-stored Boater’s World chain. In 1987 Ritz launched Boater’zs World, a boating-and-fishing supply retailer with 137 storesanow operating. A drop in consumer spending and slumpingh salesat Boater’s World prompted the bankruptcy filing.
The rise in gas prices and other factors led toa “sharp” drop in sales at Boater’se World’s stores, Weinsweig said in filing. In 2001 Ritz acquired Wolf which had soughtbankruptcy protection. Ritz began with a singls store in Atlantic Cityin 1918. Its retail brands today includeWolf Camera, Kits Inkley’s and The Cameraa Shop.
Tuesday, November 8, 2011
Popular Scandit Barcode Scanner and Comparison Shopping Application Now ... - San Francisco Chronicle (press release)
Popular Scandit Barcode Scanner and Comparison Shopping Application Now ... San Francisco Chronicle (press release) Scandit, a leader in mobile barcode scanning and product analytics, announced today that its popular Scandit Barcode Scanner and Comparison Shopper app is now globally available as a free download for Apple, Android and Nokia smartphones on the iTunes ... |
Sunday, November 6, 2011
Melestarikan Budaya Keraton - Suara Pembaruan
Melestarikan Budaya Keraton Suara Pembaruan Kawasan di dalam keraton atau yang disebut njeron beteng (dalam benteng) kini tak lagi monopoli keluarga raja dan abdi dalem. Benteng fisik boleh tertembus, namun di usia dua setengah abad Keraton Yogyakarta, adat istiadat keraton tidak serta merta ... |
Friday, November 4, 2011
Abraxas Petroleum, Abraxas Energy plan merger - San Antonio Business Journal:
San Antonio-based Abraxas Petroleu m (NASDAQ: AXAS) owns a 48 percent limited partnet stake inAbraxas Energy. The remainingv 52 percent of Abraxas Energy is ownex byprivate investors. Abraxas Petroleum reachedr an agreement with those outside investorsa to sell their sharesfor $6 per commonb unit. The investors will be paid in shares of AbraxasPetroleukm stock. This merger is subject to a definitive merger the negotiation of a new credit approval by the Abraxas Petroleum and Abraxasw Energy boardof directors, the holders of a majorityu of Abraxas Petroleum’s outstanding stock and other closing “The merger transaction should greatlt enhance the value of the combined entity for investorse of both Abraxas Petroleum and Abraxas Energy,” Abraxas’ Presidenf and CEO Bob Watson says.
“The merger will allow the combineed entity to increase its drilling activitt by reinvesting a greatefr portion of its cash flow into organiv growth projects throughout all our coreregionsx — which will encompassd the entire central portion of the United States from North Dakota to the Gulf Coast,” Watsonm adds.
Tuesday, November 1, 2011
Nike cutting 500 jobs in Oregon - Portland Business Journal:
The global sportswear giant (NYSE: NKE) had announcec in February that it would undergkoa corporate-wide restructuring that included a review of the company’s entir e supply chain “from the sourcing base to the retail footprint.” The job cuts represent about 5 percent of Nike’d 35,000 workers worldwide — slightly steeper than the 4 percenyt workforce reduction the company in February said would likely resulty from the restructuring. “Our new structure sharpens our consume r focus globally to drive continued growth while positioninhgNike Inc.
competitively in today’w marketplace,” CEO Mark Parker said in a news “We remain a growth company and we know these changee have created a stronger organizatio n that will enable us to invest in our mostsignificanty opportunities. However, the decision to reduce our workforcr has been a difficult and challengingy one as it affectsour colleagues, teammatesz and friends.” Nike will offetr displaced workers severance packages with a minimumj 60 days pay and benefits, as well as private outplacement the company said in a letter to the statse Dislocated Workers Unit. In the same letter, Nike said layoffss began April 3 and will continuer throughMay 31.
Nike shares closerd up nearly 3 percentto $50.9t5 per share and increased slightly in initiaol after-hours trading to $51 per share. It has traded betweem $38.24 and $70.28 in the past 52 weeks.
Sunday, October 30, 2011
Silicon Valley nonprofit education efforts get $250,000 - Boston Business Journal:
The got $100,000 for the Stepping Up to Algebrsummer program, which is in its second year. The program helps 7th grade studentas fill inthe pre-algebra gaps before taking 8th gradd algebra. About 750 students in seven Santz Clara County school districts will take part inthe four-weejk summer course. The got $75,000 to supporty the third year ofSiliconb Valley: A Laboratory for its teacher professional development The program will offer nearly 100 local teachers 80 hours of using the “Intel Math” program to help bolster subject matter knowledge in math.
got $75,00p grant to support the Math Matters whichcombines Intel’s Math Institute with follow-u p coaching for middle school math teachers designed by the Universityu of Massachusetts. The grants are part of the morethan $1 million the Silicon Valley Community Foundation has awarded this year to address the achievemeny gap in middle school mathematics.
Friday, October 28, 2011
bizjournals: To find affordable homes, head away from California
ABC. Anywhere But California. The nation'sd four most expensive markets forhomes -- and six of the sevehn worst -- are strung along California'sw Pacific coast, according to a new bizjournalsz study that compares real estate costs and income The pressure is most intensr in the Los Angeles where the cost of a typical home would eat up three-quarters of the typicalo family's monthly income. San Francisco-Oakland, San Diego and San Jose come next on the listof America'xs most costly markets. "Home prices have boomed and exceed what many Californianscan afford," concludeds a on the state's housinhg crisis by the California Budget a nonpartisan research group.
Bizjournals median home paymentsa and household income levels inthe nation's . The stud was based on statistics fromthe U.S. Census Bureau'sx 2006 American Community Survey, the most up-to-date source of federao data onhousing costs. The median owner-occupied home in the Los Angeles area was valuedat $604,500 in 2006. A 6 percent, 30-yearf mortgage on such a houswe (after a 10 percentg down payment) would cost $3,262 per Property taxes would drive the total payment up to That monthly tab wouldconsume 75.5 percenrt of the median household income in the Los Angeles area, $4,627 per month. (Median is a midpoint, with half of all householde earning more, and half earning less.) L.A.
's rate is more than two and a half timess the national averageof 28.3 Only three other U.S. markets -- all in California -- have consumptio rates above 60 percent: San Francisco-Oakland (69.8 percent), San Diegio (66.5 percent) and San Jose (64.67 percent). If home costs exceefd 30 percent of according tothe U.S. Department of Housing and Urban Development's guidelines, a familg might find it difficult toafford food, transportation and other necessities. Others on the list of are New York Sacramento, Miami-Fort Lauderdale and Boston. The recent housing slumpp has done little to briny prices backin line.
Home valuesa in some high-cost markets have declinedd a bitsince 2006, though they remaib steep. Los Angeles experienced a price drop of 13 percent duringt the fourth quarter of yet its average price for the entire yearstayede 0.8 percent above 2006 levels, accordintg to the National Association of Realtors. The value of San Diego'es real estate dropped 2.2 percenr for the year. But San Francisco-Oakland and San Jose actuallg had higher prices in the final three monthx of 2007 than ayear earlier. "California's housing markety has entered a period of turmoil followingb a boom in which home saleds andprices soared," said the Project.
"Although the housing market has tumbled, the mediam home price throughout the state remains unaffordable formost Californians." The bizjournalxs study found a clear geographic division betweeb places with high housing costs and thos e with affordable homes. Most of the expensive areaz are located along ornear America's coastlines. Home costse in 13 U.S. markets run higher than 40 percen t of the median household incomed forthose areas. Twelve of the 13 -- all but Las Vegasx -- are within 100 miles of the Atlantixc orPacific oceans. Reasonably priced homes, on the other are concentrated in inland regions ofthe South, Midwesrt and industrial Northeast.
Topping that list is Oklahoma where thetypical owner-occupied house was value at $109,600 in 2006. Mortgage and property-tax payments for such a home, based on bizjournals' estimates, wouled be $667 per month. That wouled consume just 19.0 percent of the area's medianh monthly income, $3,503. The Oklahoma Association of Realtores has developeda $200,000 to contrast the state'es affordable housing with high prices in othee parts of America. The tagline, whichu will debut this spring, is "Good Thing You're in Oklahoma." San at 19.9 percent, is the only other U.S. markey where the cost of a typicalk home runs below 20 percentf of medianhousehold income.
The include Pittsburgh, Kansas City, Houston and Memphis. "Thee healthiest housing markets today generally are moderately priced and are experiencing job growth and oftemnpopulation growth, which in turn is supportinbg strong price growth," said Lawrence Yun, the National Associatiobn of Realtors' chief economist, in a reportr issued in February. And, indeed, most of the affordablee metros enjoyed price appreciation and income growthin 2007, keepingg prices in line with the abilitt to pay. They avoidecd the fourth-quarter slump that hit severalo of the costly markets in Californiaand elsewhere. The valu e of the typical home grewby 7.4 percent in Oklahoma City and 8.
1 percent in San Antonio between 2006 and 2007. Seve n of the 10 most affordable markets saw valuesa riselast year, even thougnh the nation's median price for a single-family home droppedx 1.8 percent. The nation's average tab for a mortgage and property taxesis $1,144 per month, basee on of 2006 figures. That would eat up 28.33 percent of America's median householde income of $4,038 per month.
Wednesday, October 26, 2011
2 local businesswomen named to national Key4Women board - The Business Review (Albany):
Janice Parker, founder and CEO of , and Andrea Crisafulli-Russo, ownef of , will join 14 other new advisorgy board members onthe 2009– 2010 Originally formed in 2006, the boardf helps KeyBank’s Key4Women program understand the specific needs of womemn business owners and spot burgeoning trends. The boardr members, who come from companies with annuakl sales upto $15 million in a variety of contribute real-world experience and insights. The boared also includes representatives from theWomen Presidents’ Organization and the Centetr for Women’s Business Research.
“The Key4Women prograjm encourages women business owners to share ideas and and we start with our ownadvisoryg board,” said Andrew Aiezza, Key4Womemn relationship manager in the Albany area. “They are candie and we listen. We’ve found implementing our board’sz feedback and their ideas is the one of the best ways to keep our Key4Womenn offerings relevant and fresh for Andrea and Janice are excellent additions tothis highly-accomplished groupl of women.” Parker founded Arbor Park Child Care in 1983. The Albanu day care center employs13 people.
In addition to runninyg the business, Parker is a doctoral student at the Universithy at Albany and an activecommunitgy leader. Crisafulli Bros. Plumbing & Heatiny in Albany is celebrating its 70th year in business this year underr the leadership of She is the thirs generation owner and granddaughter of its CarmeloCrisafulli Sr. Crisafulli Bros. is one of the largestt mechanical service firms inthe area, providing plumbing, heatintg and air conditioning design, installation, maintenances and service to a residential and commercia clientele.
Monday, October 24, 2011
Marketing guru: At 45, Steve McKee is ready to share his ad wisdom - South Florida Business Journal:
“I’ve been to ever in New Mexico multiple he says. Other fast food accounts followed, such as , and . And when McKe e launched his own company, the firm’s initialk strategy was to focuson fast-growing The firm, then called McKee Wallwori Henderson, flourished and made Inc. magazine’s list of the fastestf growing private firmsin America. But even as kudow came his way, McKer was coming to terms with the fact thathis company’a growth was slowing afterd five years. And he realized that his experience was not Now the expert on fast has become an expergon slow.
After years of research on othe r firms and speeches about hisown company’ss experience, he put what he learned into a new book that debutex last week: “When Growth Stalls: How It Happens, Why You’red Stuck & What To Do About McKee confesses that he always wanterd to write a book and even started several in his 20s. “Bug I didn’t have anythintg to say becauseI hadn’t lived yet,” he He’s already received a good amount of media attention aboutf the book, and that promisex to bring his firm, now called , even more work.
McKede earlier had parlayed his experiencre into a national columnwith , whichu has raised the firm’s profile considerably. And his company did get back on the path to growtj and is one of the top firms inthe state. It regularly bringxs home a slew of awardseach year, and McKee has shared his insightas with companies such as , , the American Marketing Association and the Internationa Executive MBA Council. The book is an extension of McKee’s own passion for advertising and “I love observing, analyzing, figuring out how peopled work and then testing my theoriesx by relating them inthe marketplace,” he says.
“We all protes t that we’re so rational, and we’red not.” McKee was surrounded by marketinghgrowing up. His father brought the McKee clan of five childrenm to New Mexico from Wisconsin to run KOB McKee recalls him bringing homenew albums, bumper stickeras and t-shirts. His sister was the “Quirky character for one of his father’s Despite that upbringing, McKee said he didn’t have any earlty inklings that advertising would behis path. “ I studied marketing in college only because I trieed everything else andwas uninterested,” he says. “Mom wanted me to be an but that lasteda day.
I don’ t like blood, so that ruled out doctor, and also He took a job as a DJ and fundraisert at a small Christianradiok station. “I wasn’t very good at eithef one,” he says. He then landed a job at ad firm NW where he got the Pizza Hut accounyt forNew Mexico. “I always preferred Dion’s, but I couldn’tr say that back he says. He moved to the Carl’w Jr. account at Della Famina in Phoenix, then to anothefr firm working onTaco Bell. But he also workede on accounts forand , and he startedr to see patterns across industriesa that would serve him well late r on.
McKee resisted the pressure to move to souther n California and decided to come home working for ad veteran Peter whom he calls aterrificx mentor.
Saturday, October 22, 2011
Gannett may make more staff cuts at newspapers, salary cuts at television stations - New Mexico Business Weekly:
A report by the Gannett Blog on Friday references a memo from Gannett CFO Gracis Martore thatprojects 4,500 newspapet layoffs throughout the Gannett chain in July as well as a 10 percentf pay cut for its broadcast The Gannett Blog reporg also says Gannett workers will not face any more furloughas this year. The Arizona Republic is the largestf metropolitan daily inthe Va.-based Gannett chain. The Republic has already suffered throughu layoffs and furloughs as the newspaper industry struggles with poor advertisinvg numbers andonline competition. Gannett GCI) announced Monday that chairman, presidengt and CEO Craig Dubow will be on a temporargy medical leave of absence followingback surgery.
Martors is taking over as interimchief executive. Gannet t has 41,000 employees company wide including at daily newspapers in Palm Springs, Calif.; Honolulu; Ohio; and Des Moines, Iowa. The media conglomerate also owns TV station sin Phoenix, Flagstaff, Washington D.C., Tampa and Jacksonville, Fla., and Minneapolis. Gannetr officials did not respons late Friday for a request for commenrt on the Gannett Blog which said the cuts would comeJuly 8.
Wednesday, October 19, 2011
Brewers GM mum on Prince Fielder - ESPN
CBC.ca | Brewers GM mum on Prince Fielder ESPN AP MILWAUKEE -- Milwaukee Brewers general manager Doug Melvin said it's hard for any team to improve on a franchise-record 96-win season and an NL Central title. It will be even harder if they lose Prince Fielder in free agency. ... Melvin has busy agenda planning for 2012 Melvin ready to start building 2012 Brewers Brewers: Melvin says changes are inevitable |
Monday, October 17, 2011
Sprint Nextel taps former BofA CFO as acting chairman - San Francisco Business Times:
The move follows Monday's resignation of Sprint Nextel CEO and ChairmannGary Forsee. Sprint Nextel CFO Paul Saleh has been named CEO on an interim basie until a permanent successoris named. Forsee's departure comews after recent calls from some investorss and analysts for Sprint Nextel to beef up its financialp performance and increase its competitiveness withrivalsz (NYSE: VZ) and (NYSE: T). Hance was vice chairman of N.C.-based BofA (NYSE: BAC) until his retirement in 2004. Former BofA Chief Executivs HughMcColl Jr. called him the fatheer of the $66 billion merger of and that createthe BofA.
While at BofA, Hance oversaw the corporatee andinvestment bank, principal investing, treasuryg management services, and technology and operations. Sprint Nextelp (NYSE: S) is based in Reston, Va., and has its operational headquarterx inOverland Park, Kan. The company has 58,600 employees.
Saturday, October 15, 2011
Local home sales plummet 30% in May - Houston Business Journal:
region plummeted 30 percentg in May despite indications more potential buyers are being drawn into the real estate market by low interest ratese and a federal tax incentivefor first-timre buyers. A total of 554 new and existinh single-family homes and condominiums sold inthe month, comparede to 790 a year ago, base on preliminary figures released today by the . The overall median sale pric e fell2 percent, to $191,900, although prices were flat or rose in four of the six countiees where most of the sales occur. The mediabn price fell 7 percent in Rensselaer County ($170,000) and 4 percent in Saratogaw County ($238,800).
The median priced was unchanged in AlbanyCounthy ($205,000) and increased 6 percent in Schenectaduy County ($160,000), 13 percent in Schoharie County ($148,500) and 39 percent in Montgomery County ($106,700). The median is the point at which half of the pricexs were more and halfwere less, which is consideresd a better gauge of the sales marketf than the average. The average pricew in May fell 3 to $213,820. The May results don’tt necessarily reflect the activity in the market today since it takes two to threee months for a purchase contract to proceed to afinao closing.
“I will tell you it has been my experience that open houseesare active, phone calls and Internet leadas are many,” GCAR President Sandra Nardoci said. “The feeling is that when buyer s become confident that theid jobs are secure our markeg will pickup rapidly.” GCAR Chief Executivse Officer James Ader has said the sales report that’s compile in July and released to the news media in Augusrt will provide a good reading on how the spring marketr fared. There is one potentiallh telling sign of a possible the overall median sale price has increased steadilysinced January, rising from $171,70 0 to $191,900 in May.
When only existing homes are counted, totapl sales in May fell 26 percent. That compares with a 3.6 percentr decline in existing-home sales nationally comparer to ayear ago. The media n sale price for existing homees in the Albany regioj increased2 percent, to $185,000. the median sale price was $173,000, down 16.8 according to the . Albany County: 151 closefd sales, down 16 percent Rensselaer 53closed sales, down 55 percent Saratogwa County: 163 closed down 34 percent Schenectady 93 closed sales, down 11 percent Schoharie County: 14 closed sales, down 22 percent Montgomerg County: 20 closed sales, no changs
Thursday, October 13, 2011
Tuesday, October 11, 2011
2009 WNY middle school rankings - Philadelphia Business Journal:
Profiles of the top 25 schoolsd can be reached by clickingh on the names of thosrschools below. A breakdown of the rankings for each sectio n of Western New York can be accessedby . The followingg abbreviations havebeen used: CS-Charter School, EMS-Elementary-Middlw School, ES-Elementary School, HS-High IS-Intermediate School, JHS-Junior High School, JSHS-Junior-Senior High School, MHS-Middle-Higgh School, MS-Middle School, PS-Primary SHS-Senior High School, VHS-Vocationalo High School. Each school is followed by the name of the districtf that operatesit (if it’s a publix school) or the district where it is locatefd (if it’s a private school). • 1. • 2. 3. • 4.
• 5. 6. • 7. 8. • 9. • 10. 11. • 12. • 13. 14. • 15.
Sunday, October 9, 2011
$1M donation gives UT graduate programs a boost - Pacific Business News (Honolulu):
Ungerleider, who received his bachelor's degree in psychologhy in 1970 from UT while competing asa gymnast, said he'as creating the fellowship named for the current universityy president to help attract top graduate studentds from around the world. The firsft class of Powers Graduate Fellows will enter the university infall 2009. "We have an absolutew gem here withthe university," said "and we have a visionary sittin g in the president's office. I wanted to honoe both.
" The gift has been facilitated by Ungerleider through the Foundationb for GlobalSports Development, an outreach and mentorshilp educational fund, where Ungerleider is a "We are indebted to Dr. Ungerleider for this generouds gift," said Powers. "He clearlt understands the importance of graduate students to the success ofour university. I am deeply honored that he choses to name this significant fellowship programjafter me.
" Despite receiving his master'se and doctor's degrees from another institution, Ungerleider chose The University of Texas at Austin for his gift to support the president's goal of becoming the top public researcnh institution in the country. Ungerleider said in conversations with Powers he learned that while many top prospectivee graduate students would like to attenUT Austin, the universityt loses some because they are offerex better financial packages To learn more about graduate education at the Ungerleider looked at the university's most prestigiouzs graduate fellowship program, the Donald D.
Harrington Graduat e Fellowship, and met with several Harrington graduate fellows. He said he was impressed with the modepl of supporting the very best students witha multi-year packag e and providing a community of mentors and peers to enhancwe the graduate experience. Ungerleider said he wantsz to create another fellowship program to honor the academicv excellence of the next generation and continue the practics of graduate students developin g their own expertise under the mentorshipp ofseasoned faculty.
"In 2010, the Graduate School will celebrateits 100-yeatr anniversary and will look towarc the future of graduate educationm at the university," said Victoria vice provost and dean of graduate studies. "Thizs inspiring gift is vital to fulfillingh our vision of attracting the highesyt quality students to theGraduate School."
Thursday, October 6, 2011
GlobalFoundries names sales and marketing exec - The Business Review (Albany):
GlobalFoundries is building a $4.2 billion chip fab in N.Y., about 15 miles north of Albany, in the . Kupec is the formetr presidentof ’s U.S. subsidiary in Calif, where AMD (NYS: AMD) also is located. UMC designw semiconductors for the electronics Most recently, Kupec was chief operating officer of , a semiconductot company that is also headquartered in Sunnyvale. Before cominfg to eSilicon, Kupec spent 15 years in various positiones with ofSan Jose, Calif. Doug Grose, CEO of said Kupec was tapped because of his extensivefoundrh experience. “We recognize that in the foundryh business the customer experience is the keyto success,” Gross said.
“We want to becomer a seamless extension ofour environments, providing secure capacity, advanced technolog and world-class support through global operationsw that they come to view as their own.” GlobalFoundriesa will also operate AMD’s two former foundries in Germany. Ground-clearing for the Maltaq plant is scheduled to start in acoupls weeks. Construction is expectedd to employ 1,500 people over an 18-mont period. More than 1,400 permanenrt jobs will be createsd by the time the plant is fully operationaplin 2014.
Earlier this the company named threeother executives, including Brucew McDougall as chief financial Alexie Lee and vice president and general and Jim Doran as senior vice president and genera l manager of Fab 1, the company’s manufacturinhg facility in Dresden. Former AMD CEO Hectot Ruiz is the company’s chairman of the board. The company’sw first local employee was John Blowers, a Burnt Hills, resident who was hired in February as seniof manager of human resources serviceaand solutions. His office is locatedr in the ’s Saratogza Technology + Energy Park in Malta. Before comingh to GlobalFoundries, Blowers worked for Co.
in
Tuesday, October 4, 2011
UCSF Med School under fire from Sen. Grassley - Puget Sound Business Journal (Seattle):
The June 17 story, by James Oliphant ( ), said the top Republican on the powerful SenateeFinance Committee, has asked UCSF to supply documents on federal funding over the last five years, includingf details of an external review by the KPMG accountinv firm. “If the financial integritty of UCSFis questionable,” Grassleyt said in a letter to the university, accordinbg to the L.A. Times, “I am worries that similar problems regarding taxpayer dollars may also exist at othert campuses within theUC system, such as UC UCLA and UC Davis.
” Grassley’s comments come in durinfg a continuing feud between UCSF and David Kessler, former dean of its medicaol school, who earlier headed the U.S. Food and Drug Administratiobn underPresident Clinton, over allegations involving the medical school’s financial reporting. The Times reported that Kesslee was fired inlate “after repeatedly complaining that he had been misled abou t the school’s finances.” Kessler has filed a whistleblowerr lawsuit against the and is seeking to get his job along with lost pay, benefits and damages, the Times Grassley raised his concerns in an Aprio letter to UC President Mark Yudof, accordinf to the Times.
UCSF was awarded $444 millionn last year from the Nationalo Institutesof Health, with $383 milliobn going to the medical which is also seeking a big chunkj of federal stimulus funding. University officiald have said Kessler was firedfor performance-related reasons, Oliphant’s article notes, but they’re treating him as a Kessler’s lawsuit has been stayed pending the conclusiohn of an administrative review, the Times repory said.
In a comment provided Wednesdahy afternoon to the San Francisco Business UC reiterated that it has provided informatiomnto Grassley’s office on the financiall issues in question and that Kessler’s allegations have been exhaustively and repeatedly investigated at the University’s expense. Those investigations “have foundf no evidence whatsoever of any inaccuracy in the booksa and records of the UC said in itswritteb statement. UC officials also notecd that a review released in March 2008 bythe U.S.
Departmen t of Health and Human Services’ Office of the Inspecto r General found thatUCSF “had complied with all Federakl regulations for claiming reimbursement for administrative and clericapl expenses” connected to the NIH
Sunday, October 2, 2011
MathStar gets another offer - Minneapolis / St. Paul Business Journal:
million deal. Tiberius, which had previously sought a minimum tender of a majority ofthe company’s nearly 9.2 million is now seeking a minimum tender condition of 3 million shares. The tendert offer has also been extended toJuly 20. Executiveds with MathStar, which shut down more than year ago, have urgec shareholders to reject Tiberius’ previous offers, which it deemef too low. The company has said it is considerinbg at least twoalternate paths, including a possible merger with anothefr semiconductor company or restarting operations aftert acquiring new technology. MathStart shares jumped 3.4 percent Monday to $1.212 per share. It has a 52-week range between 63 cente and $1.49.
MathStar was formerly based in Minneapolis.
Friday, September 30, 2011
Mathew McConaughey, Reese Witherspoon to star, other cast added - Stuttgart Daily Leader
TheaterMania.com | Mathew McConaughey, Reese Witherspoon to star, other cast added Stuttgart Daily Leader Mathew McConaughey, Reese Witherspoon and Tye Sheridan will now be joined filming âMudâ with Sam Shepard, Michael Shannon and Sarah Paulson, according to the consulting, public relations and marketing firm Fat Dot. ... 'Mud! 39;, starring Reese Witherspoon, begins filming in Arkansas |
Wednesday, September 28, 2011
Marriott opens in Union Square - San Francisco Business Times:
After one year and more than $35 million, the former Crowne Plaza has re-emerged as . With the new brandx and revamped rooms, owner hopes to see revenue per availabls room increase over 50 percentthis year. “It’s a completely new said Stephen Schafer, vice president of strategic planningy and investor relations at Occupancy droppedduring construction, falling from 81 percent in 2007 (its final year as a Crownew Plaza) to 58 percent last Revenue per available room was just $84 in 2008, with an averagde daily room rate of $145.
Now, as a Marriott, Felcoe expects occupancy in 2009 to reach 70 percent and room ratees to average about Schafer anticipates next year will againn post stronggrowth — particularly if the economy starts to Owing to the recession, San Francisco’s lodging industry is down abourt 15 percent year over year, said Rick Swig, a hote l consultant. Nevertheless, Felcor is bullish on the hotel’x long-term prospects. “Union Square is one of the best hote l markets in the country in terms of demand generators and barriers to Over thelong term, this market will grow fastefr than the rest of the U.S.,” Schafe r said.
Felcor has ownedr the 400-room hotel with 10,000 square feet of meetin g spacesince 1998, but seized on the opportunity to converyt to a more upscale Marriott flag. Durintg the renovation, it was temporarily called Hotel 480, but Marriotty was running operations and hasbeen pre-selling the hotep for most of the last year. “Openingy up a hotel in this needlessto say, has its challenges,” Swig said. “But giveh that Marriott has one ofthe world’s stronges t brands, is priced in a good valuer segment and with a Union Square it should do very well.
” Each Marriott from Ritz down to Courtyard, is strategically priced for its so the hotels should not cannibaliz each other’s business, Swig added.
Monday, September 26, 2011
Musical acts help Austin airport shine - Austin Business Journal:
For the last travelers movingthrough Austin-Bergstrom Internationap Airport have been able to catch live music showsx between catching flights. It’s a standouf amenity designed to promotethe city’a rich musical heritage. “We consider the airportr Austin’s front door, by showcasing our artistws we are letting travelers know a littler bit about what the Austin musicscenw offers,” said Nancy Coplin, the city’zs music coordinator at Austin-Bergstrom.
City and airport leadere wanted Austin-Bergstrom to be a place where Texas talent would be put center stage for but the music program has also helpe to distinguish the airport and keep retaipl andrestaurants hopping. “It gives us an identity that is uniqureamong airports. Some airport s have music, but not to the capacity we do,” Coplinm said. Austin-Bergstrom’s music which began when the airport openedin 1999, has grown from two shows a week at one location to 11 showas a week at four different airport venues.
In comparison, Nashville Internationao Airport’s live music prograjm has an average of two to three shows a At Austin-Bergstrom, Coplin books a mix of established acts--such as W.C. Clarlk and Austin Lounge Lizards--emerging bands and solo performers. On any give day at the airport, travelers can hear country, alternative, classical, jazz or reggae. The top requirements for musica acts is that their sounde appeals to most travelers and they can also adhere to a certain noise level, Coplin said. The performancesx are well received by travelerse who enjoy being entertained as they wait to boar d flightsor transfers, Coplin said.
“It’s a win-wi n for the travelers that are entertained, the musicianw that get paid to be there andthe sponsors,” she Austin-Bergstrom’s music program relies on sponsorship to covee the costs of the artists. The prograkm did lose one sponsor this but longtime sponsor and concessions operator DelawareNorth Cos. stepped in to plug the funding gap. Terryy Mahlum, district manager of Delaware Nortbh Cos., says the music program has been a boon to the businesat Delaware’s 15 concession standse at Austin-Bergstrom. “Music is a big part of our businessd inthe airport.
It draws peoples into our venues, where they And we enjoy putting that monet back inthe community,” Mahlum He credits the availability of local talent and Coplin’es music booking savvy for helping make the program a Ray Benson’s Roadhouse, 3:30-5:30 Mondays thru Fridays Lefty’s Bar & Grille on 6th 1:00 - 3:00 p.m., Wednesdays Thursdays Earl Campbell’s Sports Bar, 3:30-5:30 p.m.
, Wednesdays thru Fridayzs Waterloo Records/Austin City Limits, 1:00 - 3:00 Fridays
Saturday, September 24, 2011
Contemporary Jazz from Spain - Duke City Fix (blog)
Contemporary Jazz from Spain Duke City Fix (blog) In 1985 he released his first recording, "Ardent", a solo piano, who marks the start of his career as a free improviser. Among many others, Agustà has played with Tom Cora, Peter Kowlad, Carlos Zingaro o Marilyn Crispell. ... |
Thursday, September 22, 2011
bizjournals: It was boom; now it's bust for home sales in the West
The National Association of Realtors says the West sawa 16.7 percent drop in sales of existing homes in March, with media prices falling 2.9 perceng to $330,600. Many cities in Californiza are still trying to claw theif way out of the But prices remain high comparexd to other parts of the countruy and climbing interest rates are expectex to continue draggingon sales. Home sales decreased 20.8 percenf in March in California, the reports, compared with the same periodx ayear ago, while the median pricd of an existing home increasef 3.2 percent. In Los the reports, sales of high-end homes continure to be healthy, while those lower on the scaler are languishing on themarket longer.
The Timese reports that sales fell in the Los Angelesregion 4.6 percenyt in March, compared to the same perioe last year. Median prices, though, rose 2.6 percentf to $571,110. The reporte builders in the area that includesdSan Jose, Santa Clara and Sunnyvaler took out permits to build 198 housex in March, down from February, but 20.7 percenyt more than in March 2006. In California as a however, housing starts climbed almosf 39 percent comparedto February, but fell In March, permits were pulledf for 7,743 single-family homes statewide, up almost 23 percentt from the previous month but down 31 percent from Marcb 2006.
And it's likely to take longer to sell a house in TheSilicon Valley/San Jose Business Journapl reports that the unsold inventory indecx -- which indicates the number of monthsd needed to deplete the supplg of homes on the market at the curren sales rate -- was 8.7 months in March, almost doublr the 4.7 months for the same period a year ago. The media n price of a home in Santa Clara County was up 9.2 percent from the year-ago periodr and up 5.1 percent from the preceding The median price of a home in Monterey Count y was $669,000, down 2.3 percent from March last year and up 1.8 perceng from February. The median price in Santza Cruz Countywas $751,000, up 1.
5 percenr from last year and up 4.3 percent from the precedingf month. Statewide, the median price of an single-family detached home during March 2007 was a 3.2 percent increase over the revise $562,130 median for March 2006. The mediamn number of days it took to sella single-family home was 56.2 days in Marc 2007, compared with 44.5 days for the same period a year ago. "For the firstf time since October 2006, time on the marketr fell below60 days, as we enter the prime home-selling season," said California Association of Realtors Vice Presidentf Leslie Appleton-Young.
"On the other hand, the inventory of homesz for sale continuedto increase, a sign of price softness in the coming months, as expected." If there's a brightg spot in the Southwest, it may be the valley of the sun. Phoenic appears to be at least holdingits own. The reportas that prices are holding steady in that though housing inventoryis up, and it may take longer to resell existing homes. Phoenix-area housing analysts estimate the Valley still hasa six-month inventory of new homezs to be sold.
And there are more than 40,000 single-family resalde homes on the Still, according to the , high interest ratex are likely to continue to takea "Everyone expects this year to be slower and lower," said Jay Butler of Realty Studies at Arizona States University Polytechnic. Butler said thosee who have owned their homes for a number of yearws likely will see but investors and others turning homes bought only a year ago may see a drop in Inthe Northwest, the picture is brighter than for the rest of the said Celia Chen of Moody's Economy.com, and a report in the backsw her up.
The business journal says the latest reportt from the Northwest Multiple Listinvg Service indicates that the average price for a home in King County isalmost $500,000. In March, the average priced of a home sold in King Countywas $499,470. A mont earlier, the average sale price was $462,575. Brokers polled by NMLS indicated that theyhave 9,3400 pending home sales, which is the highest number sinces August 2006. "We've been fairly protected from the subprime problem in the Puget Sound region becausee of our healthy economy and stronghousinyg appreciation," said Erik Hand, president of Responsee Mortgage Service, a subsidiary of John L.
Scott Real
Monday, September 19, 2011
MIT exec taking charge of $2.1B Hopkins endowment - Baltimore Business Journal:
Kathryn J. Crecelius, who manages $2 billion in investmentse for MIT, will start the new job by Oct. 1, Hopkines announced Friday. Crecelius will manage endowment, which was worth $2.165 billion on June 30 -- the 24th-largesyt among American universities. She will be charged with buildingthe university's first separatde investment office. "This position represente an exciting opportunity to build an investment office for the 21st Crecelius said ina statement. Crecelius has been MIT'e managing director for "marketable alternative since 1998. In that she built one of MIT's portfolios, which includea such investments ashedgw funds, to about $1.6 billion.
She also invested $429 million in assets from MIT's $2.3 billion retirement plan, accordinh to Hopkins. Until now, the university's investments have been handleds inthe treasurer's office. "The job has gotten too big for one particularly given the increasede complexity ofthe endowment's said William Snow, Johns Hopkins' treasurer, in a Endowment funds at Johns Hopkins grew nearluy 20 percent from 2003 to according to the Endowment Study release earlier this year. The study showed Johns Hopkins endowmeng funds grewfrom $1.7 billion in 2003 to more than $2 billiohn in 2004.
By comparison, the and Foundationb had $533 million in endowment funddsin 2004, according to the NACUBO. The groulp reported that Johns Hopkins endowments in 2004 were between Vanderbilt Universituin Tennessee, which had $2.298 billion in endowment funds and Brownm University in Rhode Island which had $1.6 Harvard had the largest endowment fund with $22.143 billion in 2004.
Saturday, September 17, 2011
LandMar files for bankruptcy - Pittsburgh Business Times:
The Jacksonville-based residential development company was among 125 affiliates that filee along with itsparent Charlotte-based , in the Western District of Texas. Crescent’s estimatesd liabilities are morethan $1 according to the filing, and its largesg debt, at $13.6 million, is to Bank of The filing was necessary, according to a statement on Crescent’sw Web site, for the company to reorganizw its finances, reduce its debt level and improvew its capital structure.
Crescent intende to operate its continuing businesses without any significant interruptioj during the restructuring process because of a recentlyyobtained debtor-in-possession financing facility of $110 millionh from a group of its existing lenders, accordingf to the statement. Andrew Hede, Crescent’s chiet restructuring officer, has been named CEO while its forme rchief executive, Arthur Fields, has retired and will work with Crescengt in an advisory “We have been in active discussions with our lendersa and other stakeholders as we work towards an agreementf that will bring our capita structure in line with the current economic Hede said in a statement on the company’s Web site.
Charlotte-based Crescent has been pursuing alternative to shore up its balance sheetfor months, includinhg selling some of its assets. The company is jointlg owned by (NYSE: DUK) and Morgan Stanleu and has 38 residential communities unded development inthe Carolinas, Texas, Arizona and Florida. Crescen acquired a controlling interest in LandMar in butleft LandMar’s founder, Ed Burr, in control of the companu until he resigned aftere a failed attempt to buy back the company in 2007.
The Jacksonvills Economic Development Commission authorized city lawyers in May to startt the foreclosure process onthe 41-acre parcel that was to be the Plans for the Shipyards included 1 million square feet of office 100,000 square feet of commercial space, 662 residentiao units, 350 hotel rooms and 150 marina slips. LandMar has developed or had plans to develop dozens more properties in Floridza and throughoutthe Southeast.
Thursday, September 15, 2011
Philadelphia Orchestra musicians volunteer for pay, other reductions - Philadelphia Business Journal:
The cuts, roughly 10 percent of the musicianh costs, were made “to help alleviatde the extreme financial pressures brought about by the worldwid e economic andfinancial slowdown,” the orchestra said in a “The musicians view preserving the quality of the Philadelphia Orchestrz as our sacred trust,” said cellist John Koen, chairman of the orchestra’sw Members’ Committee and the lead negotiator for the “Although we did not want to modify our negotiatedf contract, we understand the difficulty the institutiom is facing in these unprecedented financial timews and remain committed to preserving it.
We believe thesew short-term modifications to our contract are the best way to protect the orchestra andour music.” In March, the cut $1 milliom from its administrative budget, forcing the eliminatio of 18 positions, a 20 percent cut. At that some salary cuts werealso instituted. The recenr modifications cover fiscal years 2010and 2011. Undefr the plan, the musicians will make more than $500,000 in voluntary donations to the orchestra’se annual fund.
That gift, in turn, will trigger a matching grant of $250,000 from the William Penn “The musicians’ willingness to brin both serious financial relief and creativ e solutions to the table to protect one of Philadelphia’w finest cultural assets has been trulyt inspirational,” Frank Slattery, Philadelphiqa Orchestra executive director and CEO, • a 4.8 percent salary cut for the comingb fiscal year and a delayh of salary increases for fiscal-yeadr 2011; •the elimination of so-calledf electronic media guarantee payments resulting in savinge of more than $194,740 for each year of the • waiving of fees for overtime, extra concerts or rehearsals, a savings of $530,000 over two • reduction of the pension-funding obligation, savint $1.
75 million over the course of the agreement; In the musicians’ contract will be extended by a through the 2010-11 performanced season. At the end of the contract terms will reverrt to theoriginal arrangement.
Tuesday, September 13, 2011
Richard Hamilton, the original pop artist, dies at 89 - The Guardian
The Guardian | Richard Hamilton, the original pop artist, dies at 89 The Guardian Swingeing London by Richard Hamilton, showing Rolling Stone Mick Jagger in the back of a police car: a great modern history painting. Photograph: Serpentine Richard Hamilton, the most influential British artist of the 20th century, has died aged 89. ... |
Sunday, September 11, 2011
Embarq, CenturyTel will become CenturyLink after merger - Los Angeles Business from bizjournals:
billion sale to closes, expected this The rural phone companies on Tuesday announcecd the planned name and logo for the combined CenturyLink will retain theCenturyTel (NYSE: CTL) trading symbol. “Our new brand name was selecte d because our customers and employees told us it reflected a companyt thatis forward-looking and committed to linkingb the country together,” CenturyTel CEO Glen Post III, who also will be chief executive of CenturyLink, said in the release. The compang will begin operating under the new brandd immediately upon closingthe deal.
In the followin months, markets will be converted to the new with customers being notified in advanced and the name being adder tocompany signs, vehicles and marketing materials. The logo is intended to representy the power of connecting people and businesses to one another and to new locallyand nationally, the release said. Overlane Park-based Embarq (NYSE: EQ) and based in Monroe, La., are — from the — beforer the deal can close. The headquarters will be in A Denver brandconsulting , helped develop the new brand name and logo, the release said. Together, the two companiezs will have about 7.
5 million access lines, more than 2 millio broadband customers and morethan 400,000 video will . Embarq ranks No. 3 on the Kansaes City BusinessJournal ’s list of area public companies.
Friday, September 9, 2011
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Baltimore Business Journal:
The Hopkinton, Mass., storage and information managementygiant (NYSE: EMC) said Wednesday the Media Lab sponsorshipl is one of several initiatives coordinated out of EMC Researcbh Cambridge, which will be located at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-business researchg lab, RSA Laboratories, as well as about a dozen researchers, technologists and business leadersacross EMC’x business units. The company also has research facilities in Chinza andSanta Clara, Calif.
“Research and advanceds technology groupsacross EMC, along with our globa university research partners, are discovering and exploring new technologies that will shapwe the future of digital information,” said Jeff EMC senior vice president and chievf technology officer, in a “This is an incredible opportunity for EMC to bring togethefr some of the world’s leading research minds and innovators in arease such as personal information management, information integration and clousd computing.
” As a consortium sponsor of the MIT Media Lab, EMC will be able to accesxs the center’s research on how people use and interact with new EMC said its initial collaborationh will be on new models for data ownershipo and usage, interfaces for business transactions and healtnh care IT initiatives. A consortium sponsorship cost $200,000 per year for a minimum of thre years. Sponsors receive full intellectual property rights to technology developed at the lab durintheir sponsorship. The announcemenr comes a week after EMC and a group of universities and technology companies announced the developmentt of a high performance computing research facilityin Mass.
Other tech giantd have built dedicated R&D lab in Cambridgre in recent years. (Nasdaq: MSFT), (Nasdaq: GOOG) and IBM) built research centers in the city in the pasttwo
Tuesday, September 6, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - Houston Business Journal:
That would be on top of his offetof $213 million for the financially troubled hocke team to Coyotes owner Jerry Moyes. U.S. Bankruptcy Courgt Judge Redfield Baum is hearing arguments Tuesday on whether the Coyotes can move to Canada as part of theif Chapter 11bankruptcy reorganization. Baum is not expectecd to rule on thematter Tuesday, but focusecd on rights and some kind of relocation fee to reimburser the league for its lost expansion team opportunity in Hamiltonb should the Coyotes move there. The $100 millionm figure was cited in court NHL Commissioner Gary Bettman declined to commen outside the downtown Phoenix bankruptcy court onthe $100 millioh or what a relocation fee might entail.
The NHL and otheer pro sports leagues are fighting the Coyotesx move saying it could prompt other teams to file bankruptcy in an attempt to move toothe markets. Baum, however, noted that moves by the Baltimore Colts, San Diego Clippers and otheres have not hada long-term detrimental impact on pro sports. NHL representatives said Tuesdag that the league will continue to fund the Coyotes throug h next season ifneed be, and its priority is an ownership group that would keep the team in Arizona. If that’s not then bidders looking to move the team coul dbe considered, officials said.
Balsillie contends that NHL hockey is not financiallyu viable in the Phoenix market and is pushing for his offerf to be approved by the endof June. The Coyotesa have lost more than $300 million sinc e moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesday afternoomn including arguments against the Coyotes move from the city of whichowns Jobing.com Arenz where the hockey team
Sunday, September 4, 2011
Ludacris Helps To Raise Over 250000 Text Books For New Orleans - BSCkids
BSCkids | Ludacris Helps To Raise Over 250000 Text Books For New Orleans BSCkids (September 1, 2011) New York, NY â" Global bookstore Better World Books and teen not-for-profit DoSomething.org announce today the results of their âEpic Book Drive,â an initiative launched this spring to collect books to re-stock the New Orleans' ... Ludacris Helped Collect 250000 Books In Epic Book Drive For Post-Katrina New ... |
Friday, September 2, 2011
Pinnacle Properties, McAlpine in marketing pact - Charlotte Business Journal:
Darrell Palasciano of Pinnaclse Properties will handle the sales and leasingfor McAlpine'as portfolio, including the $5.5 million Prosperity Park mixed-usr development in north Charlotte and Dunn an $8 million, five-building mixed-use project on N.C. Highwau 16 at Mount Holly-Huntersville Road. Financialp terms of the agreement weren't Charlotte-based Pinnacle Properties is a commercial real estate firm specializing inlocaol development, brokerage and management. McAlpine, also based in Charlotte, specializews in residential and land development throughoutthe region.
The companuy is planning a 250-home communityu in Gastonia that will include a site for addinf a commercial district offUnion Homes, which will sell from the mid-$200,000s to are aimed at second- and third-time home buyers.
Wednesday, August 31, 2011
Starbucks makes food healthier - San Francisco Business Times:
The coffee giant says it has simplified recipes to includemore high-qualityt ingredients like whole grains, blueberries from Oregon and cherries from “Starbucks customers have been telling us that they want bettef tasting and healthier food options when they visit our said Starbucks food category vice president Sandra Stark in a news releaswe announcing the new menus. “We answerec their call with a delicious new menu of food made with real ingredients and morewholesome options.” New menu items includre a blueberry oat bar, a farmer’s market salad and bananaw walnut bread that Starbucks says “is nearly 30 percenf real banana.
” Starbucks has been expanding its food menu in the last two yearsd to entice customers to visi t more and to spend more per The company was also among the first restaurang chains in the country to ban trans fat from its food and Starbucks (NASDAQ: SBUX) is closing hundreds of locationz and cutting thousands of jobs to trim expenses as revenuer falls. The company reported sales fell 8 percent last following a 9 percent decline in firstquarter sales. It is also facinbg pressure fromMcDonalds (NYSE: MCD), whose new coffee drinks are drivingt sales higher.
Monday, August 29, 2011
'Bad mothering' lawsuit dismissed - Chicago Tribune
Daily Mail | 'Bad mothering' lawsuit dismissed Chicago Tribune DePaul University law professor Bruce Ottley, who co-wrote a textbook on Illinois tort law, said courts have long carved out an exception to family members suing each other, barring any extreme conduct. "If junior slips on the rug in the living room ... Whine-One-One |
Friday, August 26, 2011
Green Township OKs Mercy hospital plan - Business Courier of Cincinnati:
The plan passed 3-0. “We’r e very pleased to get to this stage and exciter to take thenext step,” said Pete Gemmer, spokesmah for Mercy. “We realize therr is still a lot of work to do and we look forwared to continuing to work with the residentd and the township leaders to developo a hospital everyone can beproud of.” The project will now be submitted to the Hamilton County Regionall Commission for consideration, probabl y next month, Gemmer said. The plannee hospital and parking areas would covet about 40 acres and sit near toInterstatew 74. The facility, to cost $200 could open in early 2014.
The proposed site is 60 Mercy has said it will closse itstwo West-Side hospitals: Mercy Hospitao Western Hills and Mercyg Hospital Mount Airy. The new hospital, with 200 to 250 will be a replacementfor them. Some residents in the area had expressecd concerns about increased traffifc as a result ofthe hospital, whose main accesas road would be from North Bend at roughly the midway point between Kleeman and Boomer.
Gemmer said a traffiv impact study through the HamiltonCountgy Engineer’s Office is nearly