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


รข€œTruly 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


 »