Saturday, December 31, 2011

Charlie Baker quitting Harvard Pilgrim - Business First of Buffalo:

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"Leaving the company is not an easy decisiojnfor me, but there is no middler ground. I am either the CEO of HarvardPilgrinm – or I’m building a campaign organization. I cannot do Baker said in a statementy releasedWednesday morning. In a fairwell Baker thanked Harvard Pilgrim'sz staffers and touted the organization's successes over the years. "But I also recognizs the terrible financial and operational strain that will face state and local government in theyearsx ahead. I know both sectors pretty well — bettefr than most, I would say and I believe I canbring ideas, energy and leadership to the tasks that face stat e government in the yearsz ahead.
” Baker, a Republican, is a formeer state secretary of administration and finance. CFO Bruce Bullen will be interimn CEO atHarvard Pilgrim.

Thursday, December 29, 2011

Seventeenth Street Plaza sold to HRPT - San Antonio Business Journal:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estate investment trust that owns and operates office and industrial buildings, paid cash for the building. The salesw price was not announced. Seventeenth Street Plaza is locatefd at 122517th St., across from the Tabor Center office, retaill and hotel complex. It was developed by what’z now Jones Lang LaSalle Inc. of Chicago, and was completes in 1982. Previous owners include Equitable Real Estate InvestmentManagementt Inc. (ERE), part of the Equitable insurancde company. Australian real estate giant LendLease Corp. Ltd. took over the buildintg in the 1990s after itacquired ERE.
JPMorgan quietly put the buildingy on the market inearly 2008, askinv $385 per square foot, or roughly $250 brokers said. Brookfield Properties of New York and Toronto had the buildinyg under contract to purchase last summerfor $225 but the deal was not consummated becausee of the debt crisis’ impact on Brookfield’s said real estate brokers knowledgeable abouft the deal. As of October, the buildingt was off the market. The building, with an attached parkingh structure, is 93 percent leased and includes Ink! Coffee and Heidi’s Brooklyn Deli It is home to the headquarters of Molson Coorsx Brewing Co.

Tuesday, December 27, 2011

ICO finds Triangle

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Shortly after New Year’s Day, sporyt utility vehicles will fan throughout the regiontestinf Reston, Va.-based ’ service real-time television, navigation and emergency signals delivered by satellite to consumers in their cars. The company, which trades on the Nasdaaq stock market, already has set up some equipmen t in the Triangle forthe test. CEO Tim Bryan was unavailablsefor comment. Spokesman Chris Doherty says ICO chosethe Raleigh-Durhaj area because it has been a useful test area for othet telecom companies.
He says the Triangle’s gentlty rolling hills and tree which are similar to those found in many othert EastCoast markets, will help the company measure signal strength. Like satellite radio providers, ICO will use towere on the ground to carry signalsxaround buildings. ICO has installed 14 of thes e “repeaters” around the Raleigh-Durham area. ICO also will test in Las which offers a moreurbanb setting, along with mountains and desert. Between the two Doherty says, ICO can model how the service will work in most of the The company wants to tap the market that embracesasatellite radio, which is offered under two Sirius and XM, whichn are now owned by the same company.
“They have 20 millioj customers, which is nothing to sneeze at,” Doherty says of Siriuxs and XM. Technology research firm projects that mobilse TV subscribers will grow worldwidw to 462 million in the nextfive years. In a research director Mike Wolf says consumerz are attracted by the improving video experiencesx comingfrom larger, more powerfulo screens. ICO has signed deals with companiess including and to providetelevision content. ICO’s satellite covers most of Northn America, but the company is licensed for services only in theUnited States. ICO stilpl awaits approval of a licenss to offer service in analyst David Chamberlain saysICO isn’t exactlyy a newcomer.
ICO started in 1995 with the aim of using satellitess to provide voice and data services globally. The company was saved from bankruptcyh in 2000 by an investo group led by telecom veteraCraig McCaw, who had founded the cell phone carrier that becamer . For most of the last five ICO has been in litigation with over theaerospace giant’s failure to builde and launch 12 ICO satellites. In October, a jury awarder ICO $371 million in the case. While satellite radio points to a potentialo marketfor ICO, it also offers reason for caution, Chamberlain says. The merged has a long way to go befors itbecomes profitable.
And unlike satellite radio, ICO won’yt be the only mobile televisionsatellited player. Chamberlain says Qualcomm’s MediaFLO, which delivers video to wireless devices, is expectec to expand its geographic reach by usinbg spectrum newly available after broadcasf television becomes alldigitapl Feb. 17. Chamberlain says ICO can distinguishu itself with its navigation andcommunicatioj features, though he notes that global positioningv systems and cell phones offer similar functions.

Sunday, December 25, 2011

GM files for bankruptcy protection - The Business Review (Albany):

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Chevrolet-Saturn of Harlem Inc., a New York-based affiliat e of the Detroit automaker, was the firsgt GM affiliate to seek bankruptcuy protection Monday morning throughthe U.S. Bankrutpcy Court'ss Southern District of New York, according to coury records. The restructuring will enable GM to emergee as a viable entity under the brands namenew GM. It also will give the federal which plans to make availableaboutt $30 billion of federal assistance to support the restructuring, a largr ownership stake in the Two area companies were among the list of creditorsd in GM's filing: New York-based Bank of New York with claims of $176 million, and Downtown-based US with claims of $9.6 million.
For a list of see GM's . According to a release from theWhite House, the company plans to announcr today that it will close 11 facilitied and idle another three. GM had alreadty announced in May .

Friday, December 23, 2011

CATS names Muth interim chief - Charlotte Business Journal:

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Parker’s last day at CATS will be June 30. John a 20-year city of Charlotte employee who now servese as deputy director for developmentat CATS, will servs as interim president and CEO. Muth said Thursday he plans to put his name in the competitiom tobecome Parker’s permanent replacement, a position the city will fill in the City Manager Curt County Manager Harry Jones and one membetr of the Metropolitan Transit Commission — to be appointe by Charlotte Mayor Pat McCrory, the current MTC chairman — will decide who replaces Parker.
Walto and McCrory both attended Parker’s announcement, offering praisw and appreciation for theCATS executive’s 18-month tenurs at the helm. All three agreec that CATS is ingood shape. “Ws actually have a balanced budget, both for this year and Parker said. “We’ve had some tough decisionzs to make, but those decisionas have alreadybeen made. There are no more layoff s thatare necessary, there are no more budgety cuts that are necessary. We’re in soundf fiscal shape. And the toughg decisions that needed to be made have been made and will not beleft Parker’s successor.
San Antoniok wooed Parker in whirlwind sealing the deal with a hefty raiser and the promise of launchinga light-rail campaign CATS pays Parker just under $200,000 as president and CEO. He signesd a five-year contract in San Antonio that start his payat $250,000 and increases it to $300,0000 in the last year. Parker said compensation was a When a city is recruiting fora position, it has greaterr flexibility to offer more he said.
Parker said he never asked Waltob nor McCrory to counterd the offer because it would have been unfaitr in the current economic Beyond money, Parker cited a strong qualithy of life and the potentiak to change San Antonio’s status as the largest American city without commuteer or light-rail service. The discussions gained momentu mlast week. Parker said search firms routineltycall him, but this offer piquexd his interest and blossomed in just a few Parker called McCrory at home last week to make him awar of the potential move to San “My heart sank but I wasn’t McCrory said.
Turning to Parker, McCror y said, “I am not surprisedr someone is stealing you andyour talents.” Parkefr came to the city in 2000 as a deput director at CATS. He became an assistant city manager in2004 and, three years later, was a finalisty to replace Pam Syfert when she retirexd as city manager. Walton got the job instead and named Parker to take over CATS when Ron Tobee retired as CEO inDecember 2007. Asked what qualitiees are needed to fillhis job, Parket wiped perspiration from his forehead and said, “Somebodu who’s better in dealing with the On a more serious note, Parker described the job as one that requirex flexibility.
He ticked off a lengthy list of constituentxs who must be considered inevery decision: CATS employees, 80,00p to 90,000 daily riders, local elected state authorities and legislators, the Congressiona l delegation and business leaders. Of the latteer group, he said, “Lately, they can’t get this road-transit thingt together,” a reference to simmering debates over whethe r to add another transit tax or focus on new taxes to repair and expandroads instead. Parker’s successor inheritsa several high-profile issues in the coming including a likely choice betweenm buildinga $1 billion light-rail extensioh or a $378 million commuter rail line to the Lake Norman area.
To make that Parker suggested having the Metropolitan Transit Commission work with CATS to establishb a set of guidelines to determine which rail line is builtr next usingspecific parameters.

Tuesday, December 20, 2011

Afilias has the data on dot-info - Kansas City Business Journal:

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Ram Mohan, chief technology officerr for , said about 700,0090 dot-info Internet addresses have been assigned sincs they were made available at the end of last That doesn't mean the dot-infio domain, as it is technically known, is going to surpases the dot-com domain anytime soon. There were aboutg 22.8 million registered dot-com domain names at the end of last accordingto SnapNames.com Inc., a Ore.-based provider of domain-name infrastructurw technology. Still, Mohan said, dot-info is experiencing "b far the most explosive growtg ofa top-level domain," since the dot-com, dot-neft and dot-org domains were introduced 17 years ago.
In while the number of dot-info domain namesa is growing, the number of Internet addresses endingin "com," and "org" actually shrunk in the last although they grew over all of 2001. (The numbersa shrink when more domain names are allowed to expird than are registered over a periocdof time.) In about 29.3 million com, net and org domain names are according to SnapNames. The larger number of names registered, especially in the dot-coj domain, was why the nonprofit decidedabouf two-and-a-half years ago to create seven new top-level domaimn names, including dot-info.
Of the seven, dot-infi is the only one that's meaning it's not reserved for any specififc typeof use, according to Roland Afilias' chief marketing officer. Each of the otheres -- dot-biz, dot-pro, dot-aero, dot-coop, dot-museun and dot-name -- is restricted; for example, dot-proo is supposed to be used by professional organizationaand individuals, such as law firms and and dot-coop is supposed to be used by Of the other six, dot-biz is the only one that's been active for even a few months, although not as long as As a result, it doesn't have as many registererd names as dot-info -- only around 472,000 compared to dot-info'sz roughly 668,000 at the end of December, according to SnapNames.
Even so, dot-biz is growing slightl y fasterthan dot-info according to SnapNames' Decembed statistics. The number of names in it grewby 46,295 that slightly more than dot-info's 46,133. So far, most of the dot-infko registrants have been from Europe, accordiny to LaPlante. "We think the reasonn for that is a lot of the European companiew came late to the parthyon dot-com," he said. But organization s in other places areusing them, too, and one reasonb is simplicity. For the Web site of the Metropolitan Transit which serves the New York state part of the New York Citymetropolitahn area, was at .
The week the World Trade Centerwas destroyed, it went from gettiny 200,000 hits per day to gettingv nearly 10 million. With that many peoplse trying to accessthe site, MTA Chairman Petee S. Kalikow decided to make the site' s address easier for them to rememberf by changing itto . (The site is still accessiblde at itsold too, and will remain so for a while.) meanwhile, are registering dot-info names for specific so that visitors to their Web sites don't have to clicl around for a while to find For example, Subaru Australia registered to make life simple for people who wanted information on its Impreza WRX Although it's the keeper of dot-info names, Afiliaxs doesn't actually sell them The company is a registry, meaning it's responsiblr for the database that keeps tracm of all Internet addresses in the dot-info Since Internet addresses actually are stringas of numbers that would be impossible for almostf everyone to remember, "fodr every single doma in name, therew is a central repository, a centrapl database that says, `Here is the name,' and, `Here is the actuao address of the machine that will responf to that name,'" LaPlante said.
Afilias also acts as a sort of wholesalerfor registrars, which are the companie s that take domain names from the public. The registrarxs can be retailers and sell thenames themselves, but they can also be wholesalers and authorize resellers to sell namesa for them. Eighteen registrars formed andown Afilias, whicjh is an Irish-based consortium that has virtually all its executives One of the 18 is TuCows Inc., the Toronto-based digital productsw company that absorbed Wayne-based Internet pioneer Infonautics Inc. in a reverswe acquisition last year. (TuCows also operates the dot-infio root, as the database that keeps tracjkof dot-info names is for Afilias.
) There are aboutf 150 registrars accredited by the Internet Corporatiohn for Assigned Names and Numbers, of whichb around 80 are registered to do businesws with Afilias. Any of them can becomer a member of Afilias if they but Afilias has to treat themthe same, whether they are or not. "We are authorized by ICANN to operatw as a sort of apublidc trust," LaPlante said. "We need to treat every registrafexactly equally." Afilias gets $5.
75 per year for each domain name it keeps in its registry, a price that's determined by ICANN, according to The registrars and resellers sell the names startinv at around $10, with the price depending on what other services, such as Web they offer with the names, he Although Afilias is pleased with how dot-info is being accepted, Mason Cole, vice president of marketing and communications, said it's too earl y to say how the domain will fare in the long run. But he and othersx at SnapNames can see the valueof it. "We'rse thinking about registering a coupleof dot-info namesz for our own business," he said.
"There's plentyh of value for the theory underlyinythe name."

Sunday, December 18, 2011

Treasury limits bonuses at TARP recipients - Business First of Louisville:

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The new rules encourage these companiez to award executives stock that must be held for a long period of timeand can’ be entirely converted to cash until the TARP moneyh is repaid to the This, the department contends, will align “executives’ incentivez with those of shareholders and taxpayers.” Kenneth Feinberg, a mediator who led the Septembed 11th Victim Compensation Fund, will reviews payments and compensation plans at companiees that have received “exceptional assistance,” includinh , , , Chrysler, , GMAC and Chrysler TARP recipients also must allow shareholdersa to vote on executive compensation packages.
They also must disclosd any perks worth morethan $25,000 made to highlyh compensated employees and justifg the benefit. The rules prohibiyt companies fromproviding “gross-up” payments to senio r executives to cover taxed due on perks. Treasury Secretaryu Tim Geithner said the Obama administration also supporta legislation that would require all publiv companies to give shareholdersa non-bindinb vote on executive compensation packages. Congress also shoulds give the Securities and Exchange Commission the power to make compensation committeesmore independent, similar to standards in placd for audit committees established by the Sarbanes-Oxley Act.
Geithnefr blamed executive compensation practices asa “contributing for the financial crisis. “Incentives for short-term gainsa overwhelmed the checks and balances meant to mitigate against the risk ofexcessx leverage,” he said. But, he added, “Wee are not capping pay. We are not setting forthb precise prescriptions for how companies shouldset compensation, whichy can often be counterproductive. Instead, we will continue to work to develolp standards that reward innovation andprudent risk-taking, withourt creating misaligned incentives.” For a full list of institutionsw that have accepted money throughg the TARP program, .

Friday, December 16, 2011

Suarez awaits outcome of racism charge - Fox News

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Telegraph.co.uk


Suarez awaits outcome of racism charge

Fox News


Liverpool striker Luis Suarez should find out today whether his defence against a racism charge has been successful. The 24-year-old, charged by the Footb »

Wednesday, December 14, 2011

Petani di Kawasan Gunung Andong Mulai Mengolah Lahan - Tribunnews

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Petani di Kawasan Gunung Andong Mulai Mengolah Lahan

Tribunnews


Tanahnya sekarang masih 'sumuk', belum pas untuk ditanami," kata Penasihat Kelompok Tani "Sidorejo" Dusun Mantran Wetan, Desa Girirejo, Kecamatan Ngablak, Kabupaten Magelang Supadi Haryono di Magelang, Minggu (4/12/2011). Ia mengatakan, sebagian petani ...



Monday, December 12, 2011

Kannapolis honored for economic strategy - Phoenix Business Journal:

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The city received the awar d in the category of Excellence in Economic Diversification which recognizes responses to plant closures and othedeconomic dislocations, that promote economic diversification. The competition is open to local, state and regional governments; and universitiea and colleges. Cabarrus and Rowan counties lost 4,300 manufacturing jobs when textilemanufacturer Kannapolis-basedPillowtex closed in July 2003. Two years later, California billionaire David Murdock announced plans forthe N.C. Researcgh Campus at the 350-acre former Pillowtex headquarters andmanufacturing site. The life-scienceas hub includes the participation ofDuke University, the UNC the N.C.
Community Colleger System, other educational institutions andbusiness partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising arouncd the campus with hopes of turning Kannapolis, a formef textile town, into a biotechu center.

Saturday, December 10, 2011

Puget Sound Business Journal (Seattle):

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But with every new product introduction, glitches are commonplace, and businesx owners have to be award of some ofthe technology's "VoIP does not have the universa l quality of a traditional phone line," said Tim chief executive of the Americanb TeleServices Association. "And you are moving to a heavil y softwarebased solution, which meanes more programmers are involved." The Indianapolis organization represents the $500 billion call center industry and advocatee members' interests on Capitol Hill and in statehouses nationwide, providinvg professional education opportunities and acting as the sector'e information clearinghouse.
Raymond Shaw, president of the Associationm ofTeleServices International, said companies need to be cognizanrt of bandwidth availability. If there isn'tg a dedicated connection between a business and its VoIP he said transmission delayescan occur, causing bad receptionh or jumbled communication. VoIP service s convert voice into a digital signal that travelws overthe Internet. If a user is calling a regula rphone number, the signal is converted to a regulad telephone signal before it reaches its destination. VoIP can alloww a user to make a call directly froma computer, a speciapl VoIP phone, or a traditional phone connected to a special adapter.
In addition, wireless "hot spots" in locations such as parks and cafes allow users to connecg to the Internet and may enable VoIP services wirelessly. Despite some technical glitches, VoIP subscriptions have skyrocketeed in thelast year. Accordin g to the Washington, D.C. researchb firm TeleGeography, Internet-based telephone services grew 21 percent in the second quartefrto 6.9 million users. the VoIP market saw a 153 percent increas in subscriptions comparedto mid-2005, while industryg revenues for the second quarterr increased 173 percent to $607 million compared to the $221 million in salea a year ago.
"VoIP is rapidlyy spreading among multiple enterprise solutionsz which have multiple locations aroundr the country andthe world," said Matthee D'Uva, president of the Society of Consumer Affairsx Professionals in Business. The Alexandria, Va.-base organization is dedicated to improving and advancing the marketplac e for consumers within thecorporate structure. SOCAP member include consumer affairs and customer care professionalss from more than 1500 differentcompaniees -- many of which are listed in Fortune/Forbesx 1000. "Our members are looking for ways to improve and enhance communication with their customers fromall angles, and VoIP is one channek to do that," D'Uva said.
Whiler installation and service fees vary by statseand provider, VoIP services typicalluy costs less than traditional phone VoIP systems can cost anywhere from no charge up to $200 per montgh but will generally cost $10 to $50 per monthh depending on the type of services VoIP can be free when the servicee routes a from PC to PC, but the price increaseds based on the numbetr of local and long distancer calls made and the features a company implements. Today, most business VoIP services can provids a firm with a variety of rangingfrom $20 to Business VoIP provider commonly includ a T-1 Internet connection and a guarantee for qualit of service which increases the costs.
Accordinhg to the latest researchon , Virginia-base SunRocket Inc. was given the highest ratinvg ofsix stars. To get the $16.58 monthlhy rate for unlimited minutes, businesses must prepay for theentirs year, which is $199, but can cancel any time and get a refunde for unused months. Sincee SunRocket includes all taxesand surcharges, a firm makee the $199 payment up fronrt and then is able to make unlimitedd local and long distance callzs for the next 12 months. Most other companies charger taxes and surcharges on top of theirlisted rates.
SunRocket also throws in $3 free international calliny per month, a free extra phone number and two free directorg assistance calls per montb with theirunlimited plans. The company also is waivingg their $39.95 equipment fee when a firm signa up forthe $199 annual plan. By ITP, Verizon, Lingo, ViaTalk and Packeti received three stars, which were the lowest rankings. and VoIP Your Life fell in the middlee ofthe pack.
Cox, Comcast, Qwest, and Time Warner are also rolling out VoIP offeringsw Perhaps the greatest benefit of VoIP systems is the flexibilityg of the Internet versus regularphone "This flexibility with VoIP fosters greater organizationa l efficiency, higher productivity gains and increased revenue potential," D'Uvq said, but cautioned that VoIP is a relativelt new and expanding technology, "so issues of security and even network power still need be addressed as VOIP continue to evolve.
" Computers, Technology and Telecommunication s

Wednesday, December 7, 2011

Mortgage rates fall again - Memphis Business Journal:

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's weekly rate report said 30-yeaf fixed-rate mortgages fell to an average 4.82 down from 4.86 percent last A year ago, 30-year mortgagew were averaging about6 Long-term fixed rate mortgages are now on par with many adjustablee rate mortgages. A one year ARM also averaged 4.82 percen t this week. "Long-term fixed-rate mortgage rates have remained below 5 percent for the past 10 weeke asthe U.S. Treasurgy and Federal Reserve act to keep interesg rates low throughsecurity purchases," said Freddi e Mac (NYSE: FRE) chief economist Frank "The treasury purchased $136 billion in mortgage-backed securities througyh April and the Fed bought $740 billion throughh mid-May.
" The Federal Reserve has also purchased $115 billionm in Treasury bonds since March. Homebuilder confidenc e rose this month, according to the Nationaol HomeBuilders Association, despite a drop in housinvg starts. The decline in construction was led primarilh by a continued drop in condo andapartmentf construction. The Mortgage Bankers Association also reportexd this week a continued rise inmortgage applications, led by refinancin activity. Mortgage refinancing now accounts for 74 percenrt of allmortgage applications.

Monday, December 5, 2011

Report: Foreclosures are top sellers - Nashville Business Journal:

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said banks that are willinv to deal on forecloseed units are driving the first quarter For example, Shoma at Keys Cove in south Miami-Dadde County sold the most, with 50 units closing in the firstt quarter. The Vue at Brickell sold 25 ranking it seventhon CondoReports.com’ top-10 list. “Man banks have taken ownership of units in these buildingsz and are looking toget out,” said Adam Cappel, presidentt of CondoReports.com. “Banks, either through short sales or unitsa they own as a result of are the most active sellersin today’s markegt as they are willing to accepyt market prices.
” The 10 most activre buildings produced an average of 29 sales, or one sale evergy three days. The buildings accounted for more than 11 percent of all cond salesin Miami-Dade, according to a CondoReports.com news Most of the activity is tied to individualo unit sales, and not bulk buys, Cappel “These buildings are moving toward stabilitt as speculative investors and thinly capitalized ownerz are being replaced with either owner-occupant or well-capitalized, patient investorxs buying in at a much lower cost,” Cappeol said in the statement. “Most are individual unit sales.
The studyy looked at closed salesin 2,000 condo projects with at leastr 50 units throughout Miami-Dade. The study excludedc units delivered in 2008 and 2009 becauswe those sales were likely driven bypreconstruction contracts, Cappel

Saturday, December 3, 2011

Neil Patrick Harris: 'Truly Sorry' for Saying 'Tranny' - Just Jared

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Just Jared


Neil Patrick Harris: 'Truly Sorry' for Saying 'Tranny'

Just Jared


“Truly sorry for saying the word 'tranny' on Live this week. Twice! Should have been more thoughtful. Didn't at  »

Thursday, December 1, 2011

Ali Lohan Covers 'Page Six' Magazine, Talks Plastic Surgery (PHOTO) - Huffington Post

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E! Online


Ali Lohan Covers 'Page Six' Magazine, Talks Plastic Surgery (PHOTO)

Huffington Post


While her sister Lindsay has been playing by the rules and fulfilling her court-ordered community service, 17-year-old Ali Lohan nabbed another modeling gig, this time posing for the cover of the New York Post's Page Six Magazine. ...


Ali Lohan Denies Plastic Surgery Rumors Like Only a Lohan Can

The Stir


Aliana Lohan: Naughty or Nice?

New York Post


Ali Lohan Is A Flower Child On The Cover Of Page 6 Magazine

Crushable


Us Magazine -Gather Celebs News Channel


 »

Tuesday, November 29, 2011

Depression Risk Increased In People With Migraines (And Vice Versa), Study ... - Huffington Post

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Depression Risk Increased In People With Migraines (And Vice Versa), Study ...

Huffington Post


People who get migraines are more likely to have depression than people who don't get migraines, according to a new study in the journal Headache. And the findings also suggest that people with depression have a higher risk of migraine, ...



and more »

Sunday, November 27, 2011

Foreclosure suit puts 160-acre Kendall Commons in peril - South Florida Business Journal:

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Miami-based has filed a notice of foreclosureagainst , and managersd Jose R. Boschetti and Martin Caparros Jr. The filed on March 19, seeks to seizwe most of the site, which has but no vertical construction. The site is on the sout side of Kendall Drive just east of Krome It had been approvedfor 1,256 homes, a 132,000 square feet of commerciall space, parks and a school. The lawsuig also named Miami Lakes-based Falcon which gave the developerxsa $12.2 million second mortgags for Kendall Commons in 2004. Fort Lauderdale-base d , which gave Kendall Land Developmenrta $17 million mortgager in 2004, was not named in the That loan, modified to $11.
9 million in January 2008, coveras several commercial parcels not included in City National’ss mortgage. City National’s foreclosure lawsuit is basesd onthe $33.8 million mortgag e it granted Kendall Land Developmeny in 2004. It was last modified to $22 millionb in January 2008. Office owner faces foreclosure No. 4 The head of Coral Gables-based facew his fourth foreclosure lawsuit. On Marcgh 18, Boca Raton-based filed a notice of foreclosure against Tamachn Gables Square andCarlos Gonzalez, the head of Tamach The company owns the Tamach Gablez Square Office Condominium in Coral Of the 46 office condo units, 14 have Sun American’s lawsuit is based on a mortgagd last modified at $14.
o million in December 2007. The owner of a historiv office building in West Palm Beacghfaces foreclosure. Built in the Comeau Building is listed on the National Registry ofHistorivc Places. Chicago-based planned to convert the 104,404-square-foof building, at 319 Clematis St., into a Yet, , as a truster for a collateralized debt obligatiomsecurity holder, filed a foreclosure lawsuitt against Comeau NCP based on an $8.3 milliohn mortgage obtained in 2006. Compass Bank has filed a foreclosurre action against the developer ofa 114-uniy Dania Beach condominium. The filing by the Ala.-based bank against Miami-based covers three buildings at 4151Stirlinhg Road.
Compass Bank gave Oaks Group a $17.1 million mortgagw in 2006. filed a counterclaim seeking to foreclose on a Daview office project after the developer sued the bank for failint to disburse funds under theconstruction loan. The litigatiojn surrounds the 47,000-square-foot Regency Commons, at 5251 S. Universithy Drive.

Thursday, November 24, 2011

NAACP scouting Baltimore sites for future national headquarters - Baltimore Business Journal:

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City economic development leaders have reached out to officialsw atthe , which is hoping to shed its longtime home in the Setoj Business Park in northwest Baltimorre for newer space. The organization is seeking about 30,000 square feet of space and has been shown a numberr of locations in the city that could fit the board memberAtwood “Woody” Collins III said during the economicf development agency’s monthly meeting Thursday morning. The organization is also considerin g locations in the SilverSpring area. Representatives from the NAACP could not be immediately reachedfor comment. BDC Presidenrt M.J.
“Jay” Brodie said his agency reached out to the NAACPl several times in the past under the leadership of NAACP ChairmanJulianb Bond, who along with former NAACP CEO Bruce Gordon said he believeed the organization should be in or as close as possible to Washington, D.C. D.C. officials had offered the NAACPl $3.5 million in funds to be used towardits $25 milliob relocation plans. But concernz surfaced soon after Gordon’s announcement, including from Baltimore officialzs who wanted to keep the organization in The NAACP has been in the city since when it moved from New Baltimore officials had proposed several alternativr locations inthe city, and offeredr the NAACP a $500,000 to keep the organizatiob in Baltimore.
Among the alternate locations was a site near Port Discovery at PowerPlant Live, planned for a $70 million redevelopment by the , and property on the city’sw west side which now serves as the worlf headquarters for . Gordon resigned from the organizatio n in March 2007 and was replaced as CEO byBenjamih Jealous. Brodie said that leadership changee opened the door for talks between the city and BDC Board Chairman Arnold Williams said he recentlty met with Jealous atthe Governor’s Mansiobn during the NAACP’s Centennial celebration May 14 in a meetingh brokered by Gov. Martinn O’Malley.
O’Malley, Williams said, suggested the NAACP consider stayingin Baltimore, Williams said optiones including access to roads, transit and Baltimore/Washington Internationao Thurgood Marshall Airport as key components to NAACP’sd site selection process.

Tuesday, November 22, 2011

Survey: Employers focus on employee retention - Tampa Bay Business Journal:

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The survey, which queried 2,50p hiring managers and humann resource professionals and morethan 4,400 workers in private sector companies, found 64 percent of employerse expecting no change in the number of full-time permanent employeea in the second quarter. “Employers want to hold on to theie talent and are taking measures to contaij costs and bring in newrevenue streams, so they can maintaih their staff levels,” CareerBuilder CEO Matt Ferguson said in a mediaq release. In terms of hiring, the Soutbh continues to perform betterr than other regions with 16 percent of hiring managers plannin to increasetheir full-time staff, comparefd with a 14 percent averagwe among other regions.
While 13 percent increased their full-time employew count in the first quarter, 14 percentf said they expected toadd full-time employees in the second quarter. And, while 26 percent reporting reducing theirt head count in thefirst quarter, just 14 percenty anticipated they will cut staff. “We’lp be looking for the market to stabilizes over the next three tosix months, when you’ll hopefullhy see job losses below 100,009 and eventually closer to zero,” Fergusobn said. When it comesd to perks and benefits, 42 percen t of employers report making cuts in the firsg quarter and 31 percen t expect there will be cuts in thesecon quarter.
The top three areas that will be impactexare bonuses, 401(k) matchinb and health care coverage, according to the survey. And if you’rde slacking off, watch out. Twenty-three percent of employers say they are taking this time toreplace lower-performing employees with top talent that may not have been availabl before. • Seventy-one percent of workers who were laid off and have not founx work said they are looking for jobs outsidee of their chosen profession eitherbecause they’rer ready for a change or there are no availablee jobs in their field.
• Thirty-nins percent of workers who were laid off and have not found work said they would consider relocating to another city or stats fora job. Twenty-one percent of all workersz surveyed are going back to school to make themselves more marketableto employers. • Forty-twop percent of employers expect to increase salariesfor full-time, permanenft employees in the secon quarter.

Sunday, November 20, 2011

Mesquite bounces Garland with field goal in OT - ESPN (blog)

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Mesquite bounces Garland with field goal in OT

ESPN (blog)


It was a bounce that went against them Friday at Cowboys Stadium, however, that forced the Skeeters into overtime against longtime rival Garland. Travis L. Brown/ESPND »

Friday, November 18, 2011

Honda makes list of best back-to-school rides - Business First of Columbus:

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The Irvine, Calif.-based publication said it based its Top 10 picksw on the best prospects for high schooll students and parents lookin g for an economical andreliable vehicle. Among Kelley’sz picks for the best new back-to-schoo cars under $18,000 was the Hondq Fit, a compact, fuel-efficient vehicle from the automaker, which houses most of its U.S. productionn in Ohio. The publication singled out the Fit’ s fuel economy of up to 35 miles per galloh andthe “clever interior of the model, which retails for aboutt $14,620.
The Fit in July saw its sales doublee to morethan 12,000 bringing sales in the first seveb months of the year beyond 52,000, up 73 percent from the year before, accordin to information from , Honda’s U.S. salesa arm. Other vehicles that made the ranks of the best new cars include theChevrolet Cobalt, Ford Focus, Hyundai Tucsoh and Mazda3. Kelley Blue Book also name d Honda’s 2004 Civic as one of the 10 best used vehiclefor car-shopping students, calling it “arguably the most prudent used-car buy out Its Blue Book value stands at $11,765.
The Cividc made the used-car list along with the 2007 Dodger Caliber, 2003 Ford Crown Victoria, 2004 Ford Focuws and 2006 Hyundai Elantra. For more informationm on the annual Kelley’zs ranking, click .

Monday, November 14, 2011

Overbrook Farm to sell off most of its horses - Minneapolis / St. Paul Business Journal:

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plans to sell off its Thoroughbref yearlings, breeding stock and most of its horses in training, starting at Kenneland’s yearling sale in “Over a period of more than 30 years my father developef Overbrook Farm into one of the most successful and respected breeding operationsa in the world,” said owner Bill Young Jr. in a news “The decision to disperse is a personal one that came afterr a great dealof thought. I simply don’t have the passiohn for the thoroughbred sport that myfather did, despite my respecyt for the business.
” Overbrook championss include 1996 Kentucky Derby winner 1999 Breeder’s Cup Classic winner Cat dual classic winner Tabasco Cat, Preaknessd Stakes winner Timber Country and Belmont Stakes winner Editor’zs Note. The dispersal will include about200 horses. The farm will continuw as a small racing stabl e under the directionof Young’s son, Chrisz Young. “Our goal is to lease the farm as aThoroughbree operation,” Bill Young said in the release. The yearlings will be sold at Keeneland’zs September Sale, which begins 14.
The weanlings, broodmares and horses of racin age will be sold duringt the November Breeding Stock and the dispersal will continue during the January Horsexs of AllAges Sale.

Friday, November 11, 2011

Arturo S. Elias Executive Profile

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effective August 1, 2006. He is also a membetr of the North AmericaStrategy Board. Elias joineds General Motors in 1978 as a manufacturing engineer withDelco Electronics, today part of Delphi, a majoe GM supplier. His responsibilities at Delco extendex from product development to manufacturing engineering and includede an assignmentin Singapore. Between 1984 and 1991, Elias held variouw finance positions in several countries, including senior analyst with GM Treasurer's Office in New manager of European borrowingws & foreign exchange in Brussels, Belgium; treasurer of GM de Mexic o in Mexico City; and finance directorr of GM Venezuela in Caracas, In 1993, Elias became managingh director of GM Chile in Santiago, Chile, and his responsibilitiesw were expanded in 1994 to includs Peru and Bolivia.
From 1996 to Elias held various positions with vehicledevelopment responsibilities, including assistant vehicle line executive for full-size pickup trucksa and sport utility vehicles with the GM Truck Group in Pontiac, In addition, he was named vehicle line executiv e for compact vehicles at Adam Opel in Rsselsheim, with responsibility for the Astra and Zafirwa models. In January 2000, Elias was named managing directorf of GM Argentina inBuenos Aires, Argentina. In Marcb 2001, he was appointed president and managingh director of General Motors de Mxico inMexick City, including responsibility for the Caribbean and Centralo American region.
Elias received a bachelor's degree in electricalp engineering anda master's degree in industrial engineering from Purduwe University in 1977 and 1978, He earned a master's degre e in business administration from the University of Chicago in 1984 throughh the GM Fellowship Recent News About Arturo S. Elias **Alpl Executive profile data provided byDow Jones & Co., Inc.

Wednesday, November 9, 2011

Arizona

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Bizjournals is a division of American CityBusinesz Journals, parent com­pany of the Phoenixx Business Journal. For the longer version of this story and the methodologu used to rank the goto . 1. Boston Celtics (NBA) 2. New York Giantxs (NFL) 3. Los Angeles Lakers 4. Montreal Canadiens (NHL) 5. Boston Red Sox (MLB) 118. Pittsburghg Pirates (MLB) 119. Atlanta Thrashers 120. Memphis Grizzlies (NBA) 121. New York Islanders 122. Detroit Lions (NFL) 1. Boston Red Sox (5) 2. Chicagoi Cubs (8) 3. Philadelphia Phillies (9) 4. Los Angeles Angels of Anaheim (13) 5. New York Mets (20) 6. New York Yankees (23) 7. Milwaukee Brewers (30) 8. Los Angele Dodgers (32) 9. Chicago Whited Sox (43) 10. St.
Louis Cardinals (44) 15. Arizona Diamondbacks (80) 1. Bosto n Celtics (1) 2. Los Angele Lakers (3) 3. Detroit Pistons (6) 4. Utah Jazz (11) 5. Clevelanf Cavaliers (15) 6. Orlando Magic (21) 7. Dallas Mavericks (26) 8. San Antoniol Spurs (28) 9. Portland Trai l Blazers (29) 10. Phoenix Suns (34) 1. New York Giant s (2) 2. New England Patriots (14) 3. Indianapolis Coltw (16) 4. Tennessee Titans (17) 5. Baltimorwe Ravens (19) 6. New York Jets (22) 7. Carolina Panthers (25) 8. Philadelphiza Eagles (36) 9. New Orleans Saints (38) 10. Pittsburghh Steelers (39) 20. Arizona Cardinals (65) 1. Montreak Canadiens (4) 2. Detroit Red Wings (7) 3. Pittsburgh Penguins (10) 4. San Jose Sharksw (12) 5.
Philadelphia Flyers (18) 6. Chicagio Blackhawks (24) 7. Calgary Flames (27) 8. New York Rangeras (31) 9. Minnesota Wild (33) 10. Washington Capitalw (41) 27. Phoenix Coyotes (107)

Monday, November 7, 2011

New Census data raise number of poor to 49 million - Reuters

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New York Daily News


New Census data raise number of poor to 49 million

Reuters


The figures were calculated by the Census Bureau under a broad new measure intended to supplement the official standard with a fuller picture of poverty in the United States. Results contrast with official poverty data, released in September, ...


New data show gr im picture of poverty

msnbc.com


Official Poverty Measure (Again) Underestimates a Growing Crisis

Policyshop (blog)


Census: 49 million in poverty

Politico


USA Today -Washington Post (blog) -The Associated Press


 »

Saturday, November 5, 2011

Green Township OKs Mercy hospital plan - Wichita Business Journal:

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The plan passed 3-0. “We’re very pleased to get to this stager and excited to take the next saidPete Gemmer, spokesman for Mercy. “Wde realize there is still a lot of work to do and we look forwarsd to continuing to work with the residents and the townshipp leaders to develop a hospital everyonde can beproud of.” The projecr will now be submitted to the Hamiltom County Regional Commission for consideration, probably next Gemmer said. The plannex hospital and parking areas would covee about 40 acres and sit near toInterstate 74. The facility, to cost $200 could open in early 2014. The proposex site is 60 acres.
Mercy has said it will closed itstwo West-Side hospitals: Mercy Hospital Westerj Hills and Mercy Hospital Mount The new hospital, with 200 to 250 will be a replacement for them. Some residents in the area had expressed concernes about increased traffic as a result of the whose main access road would be from NorthnBend Road, at roughly the midway point betweeb Kleeman and Boomer. Gemmer said a traffic impact study through the Hamilton County Engineer’s Office is nearly complete.

Thursday, November 3, 2011

Filene

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The two companies said they willpay $62.4 millionm for Filene's, according to . Approvalk of the sale is subject to a hearingg set for Wednesday before a federal bankruptcy judgein Delaware. Filene’s had originall agreed in early May to sell most of its storea and assets to Crown Acquisitionsfor $22 million in a deal that left the door open for competinf bids. Men’s Wearhouse then emerged as the winning biddefr inan auction, agreeing to pay $67 million for Crown objected to the Men’s Wearhouse deal, sayinv the transaction didn’t follow bidding In a second court-supervised auction, Syms and Vornado emergec as the winning bidder It was not clear if Syms would acquire all of Filene’as stores.
Both Men’s Wearhousw and Crown had planned to acquire and keep opena majority, but not all of Filene’sx locations. Filene’s Basement filed for bankruptcy protection just monthss after closingseveral locations. This is Filene’es Basement’s second bankruptcy filing. The 100-year old retailer filed for bankruptcyy protection in 1999as well.

Tuesday, November 1, 2011

U.S. Bank returns TARP money - Atlanta Business Chronicle:

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billion in Troubled Asset Reliec Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previouslyh announced its plans to redeem the preferred stock issuecd tothe Treasury. Last week, it from the government to do so. U.S. Bank also told the Treasury it intende to repurchasethe 10-year warrant it had issued alon with the preferred stock. “The redemption allows our companty to return to operating from a positionn of both independent strength andstrategicf flexibility,” said Richard Davis, the company’s president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank which showedc it would be able to ride out the economic downturb without having to raise more Davis has ofthe government’s capital purchass program. In February he callerd the program “lousy” and said the bankingf industry was pressured to participate inthe

Sunday, October 30, 2011

Free meals for public officials? - Jacksonville Business Journal:

hydiuco.blogspot.com
The FBI is investigatiny how former Polk school districtg facilities managers accepted fishing trips to theFlorida Keys, meals at restaurants, tickets to games and other freebies from companies seekin g work. One businessperson told the he heard an official discuss acollege foundation’s need for donationsz at a meeting on a multimillion-dollatr construction project. Ken Simonson, chief economisyt for the of America, said competition is undoubtedly Some contractors are working at cost just to keepemployeez busy, said Simonson, who will speak to the locap AGC chapter on May 19 at 7:30 a.m.
at the in “At some point, contractors won’t be able to continue giving awaytheir business,” Simonson said. He predicts that general contractors and subcontractorsz should begin calling people back to work this Companies looking for work should follow newsfrom Gov. Crist’ws office, the , local governmentsa and water andsewer districts, he said. And regularly check agc.org/stimulus. — Janet Leiser FLORIDA WINS AT LOSING: What’s tougherr on restaurateurs: Michigan’s auto crisis or the collapse of the Floridahousing bubble?
Florida is, said , whichg operates restaurants in both In Michigan, Diversified’s 10 Buffalo Wild Wings operations remaih “solid performers … despite the impactr of the automobile sector on the Michigan the company said in an annual repor t filed March 31 with the . But its restaurantsd in Riverview and North Port underperformecdlast year, as they were “severely affected by the meltdown in the Florida residential real estater market and the subsequent impact on the Florida economy.
” Diversified (OTC BB: DFRH), whicy also has affiliated restaurants unded management in Brandon, FishHawmk Ranch and Sarasota, said the cost of doingg business in Florida is higher than in Michigab because of minimum wage, insurance premiumsa and other factors including the “increased costx associated with chicken wings.” — Margie Manninvg

Thursday, October 27, 2011

OI Reports Third Quarter 2011 Results - Daily Markets

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PV-Tech


OI Reports Third Quarter 2011 Results

Daily Markets


Adjusted net earnings (non-GAAP) were $0.84 per share, compared to $0.83 per share in the third quarter of 2010, with some benefit from a lower annual effective tax rate. Third quarter adjusted net earnings improved from second quarter 2011 results of ...


Perrigo Reports Record Quarterly Revenue and Adjusted Earnings and Raises Full ...

MarketWatch (press release)


JMP Group Reports Third Quarter 2011 Financial Results

Business Wire (press release)


Graphic Packaging Corp Q3 Adj Net Income Rises - Quick Facts

RTT News



 »

Tuesday, October 25, 2011

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Sunday, October 23, 2011

Skylight board offers to rehire Theisen, but he refuses - The Business Journal of Milwaukee:

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The board announced its intention to establish negotiations with Theisenj that would have returned him to his artistic leadership position at the Skylighy following a board meeting that saw supporters of Theiseb and the Skylightdemonstrating outside. In June, the Skylight eliminated his job, along with four in a cost-cutting move that attracted widespread criticism amony the arts community and calls to haveTheisen reinstated. "Thes board sincerely hopes Bill will agrer to return to The Skylight as artistix director forthe company's 50th anniversary season," the boardf said in a statement.
"We continue to respect Bill's artistic ability and his value to The Skylight and the Milwaukeearts community." In his own statementr late Friday, Theisen said he coulsd not return. "I am sad to say it is not an optiob for me to return to the Skylight in the capacityt of artistic director under the current he said. "I feel there has been a breach of trust and am quite certain that I wouldr not be able to successfully continuew my duties inthe position." In its the board did not detail how the rehiringv of Theisen would affect the company's The elimination of the five positions were an effort to cut an expectesd $200,000 shortfall in the 2009-2010 season.
"Ourr old organizational structure is not fiscally sustainable in theseeconomic times," the statement said. "Thre board's strategic plan emphasizes establishing an overall structure including artistic administratiohn that will work for The Skylight now and can be adaptex whenfinances improve." At the time of his the board offered Theisen the option of directing, on a freelancse basis, the five Skylight shows in the 2009-2010o season that he was expected to directt as artistic director. He subsequently agreede to direct four ofthe shows.

Friday, October 21, 2011

Fire and ice: It's going to be a long winter wherever you live - Detroit Free Press

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Fire and ice: It's going to be a long winter wherever you live

Detroit Free Press


There's a great winter coming â€" if you rent skis, sell heat or operate a snow removal service. If you're just trying to stay warm and drive from Point A to Point B without skidding into a light pole, it could be a long few months. ...



and more »

Monday, October 17, 2011

Workout groups remade - Philadelphia Business Journal:

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“We are definitely seeing increased demand, particularly from banks with $1 billion to $10 billioj in assets, for chief credit officers and seasone d professionals dealing with loan saidAlan Kaplan, who runs the Wynnewood-based staffing agency. “But many of these people are at the end of theit careers or retired so the taleny pool isnot plentiful. Up and comer have not been trained in these workout skills becauses these problems have not existex for such a long periodof time.” Bankas have either transferred people over from slower departments or hiredx from outside the company.
Harleysville National Bank even hiredf two retired workout specialists to assisty with the increasing number of troubled Paul Geraghty, CEO of parent company , said he increasesd workout staffing by movingv some personnel from the real estate origination adding another through last year’s merger with and luring a few senioer people out of retirement from Geraghty’s days at CoreStatexs Bank. “Their experience was in and they will workflexible schedules, so it Geraghty said.
“I’m seeing people that I haven’t worked with for a said Barry Bressler, a bankruptcy lawyef with who represents Harleysville National and othere banks inreal estate-related Jim Lynch, a principalk in , a private equity fund that invests in underperformingf banks, said during the economic slowdowhn of the late 1980s, banks put seasonecd professionals in workout departments. But by the workout professionals were no longeein demand. “So many of them retireds and there was no need to replace them because the economyu was so strong forso long,” said Lynch, an executivde at several different Philadelphia bankws for 36 years before joining Patriort in 2007.
Lynch said workout professionals try to maximize the valude of the troubled asset for the bank as quickluas possible. But bankers said the problejm has been that lenders have had to hold onto sour loanzs that they used to be able to sell for a discounterd price to hedge funds orother investors. Tim Rowland, chiedf credit officer for , said the Lancaster-based bank has always maintained a workout which it calls its specialassets department, for commercia loans. The current group of three professionals includes two veterana and one person hired within the past year to fill avacancu — a search process that took more than six months.
Rowlan said the reason it took so long is that the talent pool is scarcse and Fulton had trouble finding the right Hesaid Fulton, whichu operates Fulton Bank in southeastern Pennsylvania and The Bank in Soutj Jersey, also reassigned some business loan originators and has askec senior-level executives to become more directly involvecd with customers and assis the full-time workout staff. Mike Quick, chief credit office for Lititz-based , said he saw this credit implosiomn coming three years ago and beganadding staff. More Quick said he hired one person four monthss ago and still seeks a few more workout Susquehanna always had workout staff on the consumefr side but not forcommercial loans.
“It was not a majofr issue because real estate property values kept appreciating so therr wasno need,” Quick said. “The last time therd was a problem was 15 to 20 yeares ago and a lot of thosre peoplehave retired, so we have moved people from othed departments. “I’m 61 yeards old and this is my sixthdown cycle. But we don’gt have a lot of peoplee who have been through theseesituations before.” Analyst Jason O’Donnell, who tracks a numbedr of local banks for , said largert community banks have been hiring workout staffd at an accelerated rate in recent months becausw they realize that the credit situation is not going to improvre anytime soon.
“Credit losses have not peakerdand won’t for two or thre quarters at best,” O’Donnell said.

Friday, October 14, 2011

Untangling the Web - Business First of Louisville:

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Commercial real estate, on the otherf hand, has been a littlw slower to plunge intothe surf. Increasingly, though, companies are establishingv individualized sites. And they're doing so with one goal in "To promote our companuy and our product," said Lewis director of commercial leasing and land salezat , . The company, which has more than 2.1 million squarse feet under management, has had a Web site for more thanthrewe years. Robert Moore Jr., president of Harry K. Moore agrees, saying the priority is "first and foremost, to make our phons ring.
" "We want to post information that is meaningful and information that enticez the surfer or reader to have to askthe `Is there another way I can leveragee the information that is on the screen?' said Moore, whose company managee more than 2.8 million square feet and is on the Web at . They'vw operated the site for aboutfour years, he Commercial real estate representatives say they have had varyinfg responses to their Web but they're continuing to develol the amount and type of information they post on the Interneft and expect e-commerce to play a larger role in the industrhy in the future. How effectivee are they?
Web sites are importan t marketing tools, say local commercial property but they disagree on their leve lof effectiveness. David Fenley, president and CEO of Fenley Real Estatdon U.S. 42, attributes a large part of his company' s growth to its Web site, , which was launchefd in 1998. The company currently manageasabout 1.4 million square feet for close to 100 companies. He said about 20 percentg of his business has come through the Mostof Fenley's clients are nationalk companies located outside Kentucky. So prior to coming to they can visit the Web site and prequalifyg properties thatinterest them, whicuh saves time.
The Web site listes specific property information, including ceiling heights, electrical capacity and location, he And before the Web site was he would have had to mail or fax the Fenley said. Typically, Fenley said, having the information available on the Web site speedse up the deal by three to five Web sites do make it easier for client s to weed out properties that do not meettheir needs, agrees Bob Duane, president of Duane Realty Inc.
in For example, 25 potential property sitess easily can be narrowef down to five or six possibilitiesw through information availableon companies' Web sites, Duane But, Duane said, he attributes only "a handful" of dealw for his property management division to the company's Web at . The company has had a Web site for four to five he said. Moore, whose company is located on La Grangde Road nearOxmoor Center, has seen similatr results. "I would say I could count those onone hand," Moorr said of deals his company has closed as a resultf of initial contact through its Web site.
In the Web site for Moser a residential development being handled byDuane Realty, gets "hundrede of hits a week," Duanee said. It's located at . Some prospective clientsz who havevisited NTS's site probably were previousl y unaware of the company's Borders said. The located on Linn Station Road, marketsa property in Atlanta, Florida, Virginia, Louisville and While the company has not tracked the specificf role of theWeb site, Borderws said, "I think more and more peoplde are looking on the Internet.
" It is sometimese difficult to quantify results of a Web site because prospectivr clients do not always say wherse they have heard of the company or said Phil Scherer, president of Grubb & Ellis/Commercial Kentuckuy Inc., a company with almost a million square feet under managementg in the Louisville area and locatexd in Meidinger Tower. The company has had its Web , for about three years, Schere r said. He said he has been pleases with its effectiveness inmarketingv properties.

Wednesday, October 12, 2011

Search called off for missing Calif. man in Kauai - Sacramento Bee

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Search called off for missing Calif. man in Kauai

Sacramento Bee


AP KOLOA, Hawaii -- The search for a California man missing since leaving his condo in Kauai last week has ended without an explanation of what happened to him. Members of the US Coast Guard, Kauai police and fire departments and the Civil Air Patrol ...



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Monday, October 10, 2011

Belgium's Dexia Woes Echo Irish Bank Rescue Crisis: Euro Credit - San Francisco Chronicle

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CTV.ca


Belgium's Dexia Woes Echo Irish Bank Rescue Crisis: Euro Credit

San Francisco Chronicle


Oct. 10 (Bloomberg) -- Dexia SA's collapse is driving up borrowing costs for Belgium, echoing Ireland's predicament and presaging what other nations forced to provide yet more funds to their banks may encounter. The extra yield, or spread, ...


Dexia nationalised for a high price

Presseurop - English


France, Belgium reach deal on Dexia bank

The Australian


Dexia board set to meet as break-up looms

Economic Times



 »

Saturday, October 8, 2011

University of South Florida hospital now in stasis - Tampa Bay Business Journal:

http://www.lamontanita.org/bodmin_09-15-1999.htm
USF is working with , a New York investment banking and financial advisory firm, to find a partner to provide fundintg and operational support, said Dr. Stephen senior VP and CEO of and dean ofthe . That procesas will lead to USF submitting a stronger applicationj for a certificate of need for theplanned hospital, said Michaelk Hoad, a spokesman for USF Health. The university was facin g a March 11 deadline to turn in a full applicatiojn to the Florida Agency for for theproposedr hospital, after filing a letter of intent to seek the CON in February. The plan now is to submift the applicationin August, Hoad said.
Several health systeme already are interested in a Klasko said in a memo to the USFHealtbh faculty. The executive committee of the USF boardx of trustees endorsed themove Feb. 26, when it voterd to give USF President Judy and the College of Medicinethe go-ahead to search for strategic options for a partnership, the memo The partnership would support all aspects of the USF clinical including the proposed hospital as well as the newlyh opened , which is an outpatientg center on the Tampza campus, the and clinical researchh activity.
“Our goals are clear: We’ree looking for non-governmental partners for the necessary capital and operational support toassure long-term excellence in education, researc and our community mission,” Klasko wrote in the It’s common for universities to consider all their options, including partnering with both nonprofit and for-profit groups, said Richard VP of the in Washington. He cited , whichg is a partnership between George Washingtobn University and a subsidiaryof (NYSE: UHS), the King of Pa., system that owns and . USF last year worke d with on an unsuccessful CON submitted by BayCare for a hospital in southeasgtPasco County.
An earlier effor in the Florida Legislature foran on-campu s university exemption to the CON requirementws did not advance. While the capitap markets are not ingood shape, “a good project that makew sense can probably find Gundling said. USF hasn’t said how much it expects to spends on theplanned 100-bed hospital, although a ballpark estimate for academic medical facilities is between $2 million and $3 millionb per bed. The hospital would have a focue on chronic illnesses such as diabetees but also offergeneral care.

Thursday, October 6, 2011

Can relationships with a big age gap ever work? - Daily Mail

http://www.helmitechnologies.com/tech_showcase/technology-showcase-remoteapps-ltd.html


Daily Mail


Can relationships with a big age gap ever work?

Daily Mail


Clinical psychologist Linda Blair considers whether relationships with a big age-gap can ever work. Demi, these recent allegations must be extremely upsetting for you. You and Ashton had appeared to be very much in love. Now it looks as if it may be ...



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Tuesday, October 4, 2011

Tonawanda Coke gets Schumer's attention - Business First of Buffalo:

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Citing data from an and funded Schumer said Tonawanda Coke is responsible for releasingg tons of toxic chemical compounds into WesternmNew York’s air each year, resultingv in levels up to 75 times higher than (DEC) recommendes guidelines in some areas. While the plany has attempted to reduce levels ofcertaihn toxins, Schumer said more needs to be done to reduce the amount of benzene released into the air.
A studyu funded by the EPA and DEC between July 2007 and July 2008 revealeed benzene levels in areas in and around the Town of Tonawandaz are up to 75 times highere than state DEC recommended According tothe , long-term exposure to benzene causes harmful effects on the body and immuned system. According to a statement released by Schumer’s office, residents of the Town of Tonawandsa and the surrounding areas have reportexd health problems due to exposure to the toxic Serious diseases such as fibromyalgia and many types of cancert are occurring at irregularly high rates and residents are frequently experiencing headaches and increased asthma and Schumer’s letter to Crane reads, in “It is not acceptable to allow the statux quo to continue, with ever increasing healthn problems for Tonawanda residents.
I urge you to act swiftlty to put in place the measures that will bring the benzene emissions from Tonawanda Coke into compliance ... It is no coincidence that those suffering from serious healthh problems live in close proximity to the Tonawanda Coke Crane was not available to comment regarding the studyuor Schumer’s letter.

Saturday, October 1, 2011

DAS manager at center of probe over COBRA checks - San Antonio Business Journal:

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The Office of the State Inspectotr General, in a report released Tuesday, outlinec an investigation intothe department, specifically the operatio n that administers the Consolidated Omnibusa Budget Reconciliation Act, or COBRA, That piece of 1986 federal legislation allows unemployed workers to buy health insurance coverage for up to 18 David Holbrook, chief of the COBRA division sincew last year, is the target of the state’s efforg to fire him after investigatora said hundreds of COBRA payment checkas went missing under his Investigators found more than 500 checks, about 200 more than originallhy thought, valued at about $214,000 in a credenz in Holbrook’s office on April 10.
Holbrook, 45, by that time was on paid administrativ e leave and no longet had anoffice key. He denied any knowledge of the checks or how they got into his According tothe report, it was uncleafr if he was purposefully holding the The department said Tuesdat there was “no indication that premium fundsz were misappropriated.” A key factor behind the missing the probe found, was a “dualo accounting process” that was employed becausew the department opted not to switcyh its COBRA records to a new Ohio Administrativ e Knowledge System, or OAKS, aime d at improving operations.
That combined with the retirement ofthe division’w former chief, triggered what the report calledr a “disaster” in processing. The probe also found who once worked in the stated Department of Natural Resources and Department ofYout Services, had a recorde of inappropriate conduct in states jobs that was described as a “patter of dishonest behavior.” At the Administrativew Services Department, he earned a base annual wage of The department in a statement Tuesda y said it has put in place stronger controls on COBRA specifically switching to OAKS, and workefd with those affected by the misplaced The state probe had recommended changes to COBRsA processing operations along with an audit.
The Departmentr of Administrative Services also indicated disciplinary actions mightg notbe over. “We are reviewing the Inspecto General’s report and determining the appropriatee course of action for otheremployees involved,” Directord Hugh Quill said. Investigators also looked into anonymouzs tips thatHolbrook didn’t follo w time reporting policies and refused to pay employeeds for denied vacation time they were permitted to cash in.
The inspector’x office found some instances of wrongdoinbg or omissionson Holbrook’s part and that of the departmeny at large, recommending that the vacation policy itself be

Thursday, September 29, 2011

Photos: Legitimizing bikes in pedestrian crossings - Tucson Velo

buluhofuce.wordpress.com


Tucson Velo


Photos: Legitimizing bikes in pedestrian crossings

Tucson Velo


The above sign along Ft. Lowell precedes the crossing. The idea is to alert motorists that both pedestrians and bicyclists will use the light. The signs are in addition to the pavement marking showing cyclists they should ride on the sidewalk to ...



and more »

Tuesday, September 27, 2011

Rehabbed Allston site lands first tenant - Boston Business Journal:

qalymeled.wordpress.com
The lease, announced Thursday by on behalf ofthe site’z landlord, includes 2,400 square feet on the firsgt floor of 226 Harvard Ave. and 11,000 square feet on the secondr floor. The three-story, 30,000-square-foo t building was developed on aspeculative basis, or without a tenant, beginninh in the first quartef of last year, said Jasomn Weissman, the founder and principal of Boston Realtyt Advisors. The Beyda Family purchased the site, which was previously a gas in Octoberof 2007. “There’x not many retail deals that have happenedat all, nothing in the last six said Weissman.
Weissman is seeking other retail and officde tenants for the remainder of the building which is located between a TJMaxs andStaples stores. Asking rents for retaikl space in the buildingare $52 per squars foot and the third floor office space coulcd rent for about $30 per square foot. Urban Outfitters was founded in 1970 and operate s more than 130 storexs in theUnited States, Canada and Europe. The storr sells women’s and men’s clothing and items for the home gearexdtoward 18- to 30-year-olds.

Sunday, September 25, 2011

Her basic instinct? Sell - Los Angeles Times

Electrolux Refrigerators


Los Angeles Times


Her basic instinct? Sell

Los Angeles Times


Stone, 53, starred in the '90s films "Total Recall," "Basic Instinct" and "Casino," for which she was nominated for an Academy Award. More recent work includes "The Burma Conspiracy" (2011) and several appearances on "Law & Order: Special Victims Unit" ...



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Friday, September 23, 2011

Florida Gov. Rick Scott to Newsmax: GOP Must Repeal 'Job Killer' Obamacare - NewsMax.com

plesciamipukoa1855.blogspot.com


Palm Beach Post


Florida Gov. Rick Scott to Newsmax: GOP Must Repeal 'Job Killer' Obamacare

NewsMax.com


Rick Scott tells Newsmax that Obamacare is “the biggest job killer ever” and “absolutely has to be repealed” to get the American economy going again. Scott, who is in Orlando for the P5 (Presidential 5) conference the Florida GOP is hosting, ...


Scott won't release Florida inmate with leukemia

MiamiHerald.com


Scott: Dump jobs agency leadership, board

Orlando Sentinel


Gov. Scott and others look at extracting courts from foreclosure process

Sarasota Herald-Tribune


Bloomberg -Palm Beach Post -WPBF West Palm Beach


 »

Wednesday, September 21, 2011

Is President Obama engaging in 'class warfare'? - msnbc.com

ejyceh.wordpress.com


Globe and Mail


Is President Obama engaging in 'class warfare'?

msnbc.com


Do you agree with Republicans that President Obama's proposals to raise taxes on wealthy Americans constitute “class warfare”? Higher taxes on the wealthy are reasonable IF they are put in tandem with major program cuts, cutting the size of government, ...


Fox Again Cries "Class Warfare"

Media Matters for America


Republicans Cry "Class Warfare"  »

Monday, September 19, 2011

First rise in Colorado online help-wanted ads since August reported - Denver Business Journal:

qozadaunu.blogspot.com
That's up from 57,100 ads in according to the Conference Board's monthly reportt on online job demand. In May 2008, Coloradoo had 117,600 job ads online. The figures include both new andcontinuinbg ads. As for just new onlin e help-wanted ads, Colorado had 41,600 in May, up from 34,300 in April, the Conference Board said. In the Denvere area, there were 39,900 online job ads in May, up from 34,2009 in April and down from 74,200 the previous May. Onlinew job ads were up in 43 statesin May. The tota among all 50 states was 3,367,000 in May, up 250,000 from the previous month.
"The May bounced in labor demand is a verywelcomr sign," Gad Levanon, senior economist at the Conference said in a statement. "Apriol and May are both months when businesses typically step up thei demandfor workers. This year, whiler April was weak, by May employers were placing ads for workers in numerous locations acrossthe nation." In a separatwe calculation of "supply-demand rate" — the numbet of unemployed people in a state divide d by the number of onlines job ads — Colorado had 3.53 unemployed for evert online job listing in April, the latest month for whicy data are available. The national averager was 4.
40 unemployed per posted job, the Conferenc Board said. .

Friday, September 16, 2011

Human Capital: People on the move, July 1 - Portland Business Journal:

eragywaqer.wordpress.com
Signature Healthcare of Brockton hireds Steve Friot as director of health carefacilities management. He previouslty served as director of facilities operationsat . , a desighn and construction firm with local officesin Worcester, appointed Robert Stephenw director of business development, health care. Stephense has more than 20 years of experience marketing and selling desigbn andconstruction services. Matthew Tepper joinerd CB Richard EllisInvestors , a real estate investmentg management firm, as an associates director for the global multi-manager business. Tepper, formerly of , is based in Boston.
Davis, Malm D’Agostine PC , a Boston-base law firm, added Elise Wald as an associate in the trustsw and estatespractice area. Wald was previously an associaterat Posternak, Blankstein and Lund LLP . Rob MacElhineyt , vice president of in Weymouth, was named to the boarcd of directors atthe .

Wednesday, September 14, 2011

Carl Lewis says battle over NJ Senate race strengthened his candidacy - The Star-Ledger - NJ.com

afanasenkobexa.blogspot.com


Kansas City Star


Carl Lewis says battle over NJ Senate race strengthened his candidacy

The Star-Ledger - NJ.com


Kim Guadagno's attempt to toss him from the b »

Monday, September 12, 2011

Architecture billings stabilize in April after March

afukakuja.wordpress.com
The organization’s Architecture Billings Indexs rating for the monthwas 42.8, down slightlu from 43.7 in March. It was the firstt time since August and September 2008 that the indexd was above 40 for consecutive theAIA said, but still does not show a demanc for design services. The organization considers a billing increase to be any scorwabove 50. The new projectsd inquiries index wasat 56.8, up slightly from 56.
6 in “The most encouraging part of this news is that this is the seconfd month with very strong inquiries for new A growing number of architecturr firms report potential projects arisingv from federal stimulus funds,” AIA Chief Economis Kermit Baker said in a statement. too many architects are continuing to reporty difficult conditions to feel confideng that the economic landscape for the constructiomn industry will improvevery quickly. What thesee figures mean is that we could be seeiny things turn around over a periocd ofseveral months.” The largest number of billing came in the mixed-practice secto (44.2), followed by institutional multifamily residential (43.
2) and commercial/industrial (41.7).

Saturday, September 10, 2011

South Wichita highway project to begin in July - Kansas City Business Journal:

http://www.jurnalcelebes.com/store2/l32x.html
Tom Hein, a spokesman for the , says the $25 milliob project is expected to go out for bidsin July. It is on the state’se list of projects to be funded by the federal government’s $787 billion economic stimulus bill, to be signex Tuesday by President Barack Obama. The interchange long has been among Wichita’se worst. It is near the south Wichita entrance to theKansads Turnpike. But southbound traffic exiting onto 47th Street tendw to back up ontothe highway.
Among other Hein says that southbound ramp will be lengthened and some ofthe interchange’ws circle ramps will be Stoplights also will be installecd at either end of the bridgse spanning the interstate to ease turna onto 47th. Hein says the project wasn’tg part of the state’sz 1999 highway plan but was made a priorityt forthe state’s next transportation plan, whicy was slated to be crafted this The project also was bolsteredc by a proposed retail development by Jay Maxwell on the southwestg side of the interchange, Hein says. KDOT will hold an informationaol meeting about the project from 4 to7 p.m. Thursdaty at the , 101 E. Pawnee.

Thursday, September 8, 2011

Labor MP in prostitute scandal - Crikey

obesonuqa.wordpress.com


Labor MP in prostitute scandal

Crikey


“He [Thomson] may survive, however, because stupidity is not a bar to holding public office. His situation is illustrative of the awful truth that scandal can rear its ugly head at any time. This government needs all its MPs to behave perfectly for ...



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Tuesday, September 6, 2011

Rep. Perlmutter to work on measures to help car dealers - Denver Business Journal:

avaohev.blogspot.com
Both companies have filed for Chapterd 11bankruptcy protection, and both have notified dealersz in Colorado -- at least 12 for Chrysler; at least 13 for GM -- that they will lose theier franchises to sell new cars. "As we work our way throug h the aftermath of both the Chrysler andGM bankruptcies, I am committer to trying to cushion the blow to the partiesa caught in the aftermath of the bankruptcy and I am in the process of workinhg on measures to help dealerships who are losing franchises as part of the bankruptcyg agreements transition and develop news business models," D-Golden, said in a statemenrt late Monday.
Perlmutter is a memberd of the House FinancialServices "My thoughts are with these businesses, their employees and the families as they work througg these difficult times," Perlmutter said. "I will continue to folloew this situation and work with the House Financial Servicezs Committee to take appropriate action wherde necessary to help stabilize our auto industry because it is essentialk to ournational security, protectintg American jobs and maintaining the manufacturing industry in this country to keep our auto industryt running.
" Tim Jackson, president of the Colorado Automobile that he and some Colorado car dealerxs plan to travel to Washington soon to try to convinces lawmakers to come to the dealers' aid through Perlmutter said he concurs with the decisiom of both automakers, guide d by the Obama to seek Chapter 11 protection whilew they re-organize. "I believe Chapterd 11 is only way for GM to restructuree and deal with their financial situation in a complete fashion to come up with an organization that can competseand succeed," Perlmutter said.

Saturday, September 3, 2011

First National enters agreement with OCC - Sacramento Business Journal:

tosece.blogspot.com
The agreement is an outgrowth of an OCC examinationh of the Winter Park lender in It addresses five areas of concern and requires to the bank to form a compliancer committee composed of members of its boarfdof directors. The bank is undeer orders to add procedures to monitofr its commercial real estate loan It also must implement a plan to managed loans that are deemed weak and in jeoparduyof deteriorating. • Establishment of a prograj to ensure an adequate allowance for loan andleaser losses. • Agreement not to accept brokered depositxin exc.
ess of 10 percent of totao deposits without OCC permission • Development of a three-yeadr plan of operations that incorporates conditions of the First National Chairwoman Susma Patelk said in a written statemenf that the bank has taken steps she believes put it in compliancde with the agreement. She said regulatoru agencies are tightening standards for lenders as theeconomy deteriorates. “The downturbn in real estate valuations in the Florida marketis well-publicized and, as a result, regulatory agenciea are expecting a higher standard of procedural monitorinf of loans secured by commercial real she said.

Thursday, September 1, 2011

Recession continues to weaken air travel - Pittsburgh Business Times:

rmerujopi.blogspot.com
Passenger revenue dropped 18 percentin April, marking the sixtyh straight monthly decline. The number of passengers travelinfgon U.S. airlines in April fell 6.3 while the average price to fly one miledroppef 12.6 percent. April results partially reflectf the shift in the Easter holidayg from March last year to Aprithis year, ATA said. U.S. airlines also saw cargol traffic -- as measured by revenue ton mileas -- dive 21 percent in March, matching the declines measured in January and February and markin the eighth consecutive month of declinincargo traffic. Notably, cargp traffic in the Pacific region fell28 percent.
Aprilo 2009 cargo data is not yet “The latest reports show the scope and deptnh ofthe recession’s continuedd toll on commercial aviation,” said ATA Presidentr and CEO James C. May, in a news “The industry is seeing less demansd inthe cabin, as well as in the carg holds -- clear signs of the widespreadr slowdown in global economic activity.”

Tuesday, August 30, 2011

Alarming trend of violence in Nigeria - UPI.com

uvepexatawus.blogspot.com


Globe and Mail


Alarming trend of violence in Nigeria

UPI.com


LONDON, Aug. 29 (UPI) -- The bombing of a UN building in Nigeria, claimed by Islamist group Boko Haram, is part of a troubling trend in the country, a scholar notes. Nigerian President Goodluck Jonathan was quoted by the BBC during the weekend as ...


Economic neglect, corru! ption fuel Nigerian militants

Globe and Mail



 »

Sunday, August 28, 2011

NCSU chancellor: Mary Easley should resign - Triangle Business Journal:

ukatekexo.wordpress.com
Oblinger made his view known on Mondah after participating in a groundbreaking ceremony onCentennial Campus, NCSU spokesmann Keith Nichols said. When asked by a reporter if he thought Easlegshould resign, Oblinger said, “It’s in the best interest of the The response from the chancellor came in the wake of the resignationws of both Provost Larry Nielsen and of McQueen Campbell, chairmab of the NCSU Board of The resignations came amidst concerns that they actedx improperly in the Easley hiring. Nielsejn and McQueen both have deniedany wrongdoing. In disputee are the circumstances around the hirin of Easley in 2005 to help with managing a speaked series atthe university.
That position which came witha $90,000 a year salaruy – was expanded last summer to include leadin the creation of an academicx center for law enforcement and first responders. With the addexd responsibilities, Easley’s salary was increased to $170,000 in

Friday, August 26, 2011

For Frittelli, an opportunity to quell a quest, enrich a rivalry - Austin American-Statesman (blog)

srikanth-topic.blogspot.com


For Frittelli, an opportunity to quell a quest, enrich a rivalry

Austin American-Statesman (blog)


Texas senior Dylan Frittelli of South Africa marched through his first match at the 111th US Amateur with nary a concern, bouncing Jim Markovitz of Bridgeville, Pa., 5 and 4. ...



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Tuesday, August 23, 2011

Sieger Suarez firm HQ faces foreclosure - South Florida Business Journal:

http://silentpwr.com/aboutus.htm
FirstBank Florida filed a foreclosure action on May 13 againsyGS2 Corp., Charles M. Sieger, Jose Suarez and Ronald I. It is based on a $3.9 milliomn mortgage covering the 30,454-square-foot office building at 5996 S.W. 70th St., in Sieger and Suarez are partnerw in the Sieger SuarezArchitecturao Partnership, whose projects include 50 Biscayne in Trump International Sonesta in Sunny Isles Portofino Tower in South Beachu and the St. Regis, Bal Harbour, which is now under according to itsWeb site. GS2 is a real estat firm affiliated with Sieger Suarez Architectural Partnership and managedby Gaines.
Miami-based attorney Cherish Thompson, who representds FirstBank Florida inthe lawsuit, did not immediately return a call seekingy comment. Not only has the near halt in new condo project s hurtarchitectural firms, but Sieger Suarez has struggled with its own fora into condo development. has pendingy foreclosure lawsuits against three Miami Beach projectss that were under construction by affiliates of thearchitectural firm: Terra Beachside Terra Beachside Villas II and Cabansa on Collins. Sieger did not immediatelhy return a callseeking comment.