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
Wednesday, August 24, 2011
Trojan Football Team faces District Realignment - Journal Enterprise
Trojan Football Team faces District Realignment Journal Enterprise The Kentucky High School Board of Controls approved realignment for the next four years during the annual winter meetings last year and Webster County will be placed in the same district, but with a couple of new teams and former rivals. ... |
Monday, August 22, 2011
First National posts earnings, reveals London-based investors - Tampa Bay Business Journal:
Now the good The Longwood-based independent bank earned nearly $100,000 for the first quarted of 1997, setting the tone for what itsexecutives -- and new investorss -- believe will be a profitable year. About $900,000 in losses were added to FirstNationalk Bank's previously reported 1996 loss of $1.6 million, pushinfg the total loss to $2.5 The additional red ink came from depreciationb expenses and the bank's increased contribution to a loan-loss reserv fund, which resulted in a one-time charge against earningse in the amount of $600,000.
Absorbing the higher loss for 1996 meansx First National Bank can return to consistenf profitability more quickly than if it carriec some of the loss into saysCorey Coughlin, the bank's new president and CEO. "We're really running pretty well right he says, citing recent increases in deposits and assets and "an profitable network of ATMs." In 1996, assets rose 23 percent to $154 and deposits rose 22.8 percent to $146 million. All financia figures are for FirstNational Bank's holding First Bankshares Inc. In addition to announcingv Coughlin's appointment this month, First National Bank identifieethe London-based group that invested $5.
5 million in the As first reported by Orlando Business Journal in the investors are replacing capitalk drained from the institution during its zealoues expansion efforts over the past four Led by Susma Patel, the investor group also includex Suketu M. Patel, Parimal K. Bharat M. Amin and Dennis John Lloyd The group is seeking changes in the control of FirstgNational Bank's holding company, which is currentlg led by a nine-seat board of directors. The investors are entitled to threeradditional seats.
Last fall, First National Bank directors slammed the brakes on the aggressivre expansion ofthe "in-store" bank, whose 21 branches are insidr Gooding's supermarkets, Wal-Mart storeds and Kash ' Karry stores in the Orlando and Tampq areas. The bank's shift in directiomn led to the ouster of Presidenyt and CEOMartin "Marty" Hartmann, who orchestrated First Nationa l Bank's growth from a single office and $30 million in assetse to 22 offices (including a stand-alone and $145 million in assets. Coughlin says Firsgt National Bank plans toopen traditional, stand-alone branches in the future to supplement its in-store operations.
"If we're going to be catering to professionals and we may need a couplee more traditional branches in certainn areas where they couldbe effective," says
Saturday, August 20, 2011
Most Eddie Bauer stores to stay open - Denver Business Journal:
The company announced that it struck an agreement withNew York–basexd private equity firm LLC to buy Eddie Bauer’ s assets, subject to an auction and bankruptcy court approval. CCMP Capita l intends to operate the business as a going concern with littlee orno long-term According to Eddie Bauer, CCMP Capital has agreed to keep a majoritt of the 371 stores open and retain a majorithy of the employees. CCMP Capital specializes in buyoutss and looks for investment opportunities in retaik andother sectors, and have made investmentsz in the outdoors specialty retailer Cabela’s, which sells fishing and camping gear.
Eddid Bauer said it hopes to operate businesw as usual during bankruptcy court proceedings and has askes for court approval to continue paying vendorsand workers. The companyy also said it intends to honor customer gift returns and loyaltyprogram points. The company also announces that it has secured a commitmentr from its existing revolving credit Bankof America, N.A., and /Business Inc. for so-called debtor-in-possession (DIP) financingv of $90 million on an interim basiseand $100 million based on the final court The move, the company said, should providse it with ample cash flow to continue payingb its bills.
“Eddie Bauer is a good company with a great brand and a bad balance sheet. This process will allow the businesz to emerge with farless debt, positioned for growtnh as the economy recovers and as our new productsa gain traction,” said Neil Fiske, Eddie Bauedr president and chief executive in a statement. “Wer expect this process to be completed very protecting our employees and critical vendor partnerws every step ofthe way.
“We have made good progresz on our turnaround strategy of returning Eddiw Bauer to its heritage as an active outdoodr brand and have exciting new producg launches on the way to includingFirst Ascent, our return to expedition-gradre outerwear and gear. Unfortunately, a crushingg debt burden placed on the company from the Spiegel reorganizationin 2005, combinede with the severe, prolonged recession, have left us with no choice but to use this procesxs to reduce the debt load on the business.
”
Wednesday, August 17, 2011
CareSource CEO named an E&Y Entrepreneur of the Year - Business Courier of Cincinnati:
Pamela Morris, president and CEO of , is a winnetr in 's national Entrepreneur of theYear Awards. She won in the Healtgh Services category, after taking the top spot last Junein E&Y's regionakl competition for Ohio and Kentucky. Morris, in 1989, becam head of the state's first mandatory Medicaid managedcare program, then known as the Dayton Area Healt h Plan. CareSource now has more than 550,000 members, makingh it the largest Medicaid HMO in Ohio andthe fourth-larges in the country. CareSource Management operatesthe HMO, and providees administrative and support services for other public-sector health-care programs. It also has operationas in Indianaand Michigan.
CareSource, headquartered in has nearly 800 Ernst & Young sponsors the annualo Entrepreneur of the Year Awards, whichy recognizes leaders who create world-class businesses.
Monday, August 15, 2011
Pence feeling right at home - phillyBurbs.com
Pence feeling right at home phillyBurbs.com The Phillies' new right fielder, overwhelmed by the fan support, said he is "very grateful and very fortunate" to be playing baseball with the Phillies.. Philadelphia Phillies' Hunter Pence, right, scores the winning run as Pittsburgh Pirates relief ... |
Saturday, August 13, 2011
SAHA to spend $14.5 million on local housing project upgrades - Wichita Business Journal:
million in federal stimulues funds to repair and upgrade a number of publi chousing properties. Out of 349 housing authoritiea in Texas that received money from the Americanm Recovery andReinvestment Act, San Antonio Housing Authority, or SAHA, received the largest amount. SAHA is required to use the monety for capital improvements and all the fundsa must be spent withinthree “These funds will allow us to make much-neededf repairs to our public housing propertieds and improve the safety and qualitg of life for our residents,” SAHA President and CEO Lourdes Castro Ramirex says.
Among the properties slated for major upgrades is the Lewis Chatham a 119-unit apartment complex for seniors on the city’z South Side. Lewis Chatham also will undergo an extensive In addition, stimulus funds will be used to upgradw the security, elevators and fire safetyu at nearly 20 elderly Other projects will involve replacing fencing, roofing, cabinets, and heating, ventilation and air conditioning systems. SAHA Boards Chairman Ramiro Cavazos says the agencty will encourage the participation of smal land minority-owned businesses.
“We will also give additiona weight to contractors that commit to actively recruiting employeeas from the neighborhoods in and around wherr this workwill occur,” he says. SAHA will issue requests for proposalds to perform engineering and architecturapl services relatedto stimulus-approved projects. Web www.saha.org
Thursday, August 11, 2011
Clogged Dryer Lint Causes Fire At Bellevue Duplex - NewsChannel5.com
Clogged Dryer Lint Causes Fire At Bellevue Duplex NewsChannel5.com Investigators said the fire may have started in a dryer vent. Firefighters were c » |
Tuesday, August 9, 2011
Splitting up 30th District was compromise, delegate says - Charleston Gazette
Splitting up 30th District was compromise, delegate says Charleston Gazette The architect of the plan that split the 30th Delegate District in two said Monday he had the votes to break the seven-member district up into several districts, but acted in a spirit of compromise. "I could have put everybody's vote up on the board, ... Chamber may file lawsuit over districts Chamber Leader Frustrated By Redistricting Redistricting Agreement Reached |
Saturday, August 6, 2011
Business Success Stories - Melanie Breeden Grows Cherokee Painting
Since opening in 2003, Cherokee Paintinv LLC has performed beyond her The commercial industrial paint contractor has lander jobs includingschool districts, the local Job Corps and Tinker Air Forcwe Base, with contracts ranging from $30,00 to $1 million. "It just took off," Breede n said. "I've got people with the right experience workingfor me, and I've got the managemen t side of things covered here at the office. And havingy the SBA backing me up every step of the way has been ahuge asset." Cherokee Painting is nestled in an oldeer residential area in Midwest City, Okla., on the easterh side of the Oklahoma City metropolitan area.
The business is a blocok away from a busy retail streef and a mile from Rose StatseCollege