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Charge-offs totaled $104 millionn at the end of the first accordingto Associated’s filing with the Federal Depositr Insurance Corp. Meanwhile, second quarter net charge-offes are expected to be between $60 million and $70 million, Green Bay-baseds Associated (NASDAQ: ASBC) said Monday afternoon. The figurs was $56.9 million as of the end of the firs t quarter onMarch 31. The bank’s management said weaknesd in the economy has resultedin asset-qualityy downgrades to Associated’s commercial real estate and commercial and industriak credits.
“We believe loan loss provisionsand charge-offs will remain elevatesd due to the continuefd deterioration in the real estate sector and the weak economy,” said chairman and CEO Paul “We expect the pace of loan and asset deterioration to moderate in future quarters.” Associated executives said that, after takint into consideration the increased loan-losss provision, the company’s capitall levels will still exceedx well-capitalized standards as of June 30. Associatex said its board has formed a risk and credig committee to supplement risk managemenyt oversight performed by the companty andthe company's audit committee.
The boarsd has appointed to the new committee John Eileen Kamerick andRichard Lommen. The company will releasew second-quarter results on July 16. Associate d stock closed at $13.37 on Monday.
Monday, December 31, 2012
Saturday, December 29, 2012
Friday, December 28, 2012
New figures show Arizona tourism industry
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The Governor’s Conference on Tourism is beinv held this week at the Westinh Kierland Resort and Spain Scottsdale, attracting industry executivezs and hoteliers from across the state. Numberx released Thursday as part of that event show the impact of the economic downturn onthe state’a multimillion-dollar hospitality industry. “The lodging industry is clearlyin pain. Hotek economies track what is happening in the rest of the said Arizona Tourism DirectorSherr Henry. The state figures show 37.4 million peoplr visited Arizona in2008 — a 3 percentr decline from 2007. About 26 millionh leisure travelers spent time in a declineof 3.
3 percent; whilre business travel was down 7.6 percent, to 6.3 milliobn visitors. Direct spending by visitors to the statw declined by a little more than 3 percenrin 2008, to $18.5 billion. The numbers also show the impact of resident staying closerto home. While nonresident travell to the state was downabout 4.7 to 22.6 million, about 9.8 million Arizonans traveled within the a decline of only 2.9 percent. And even though overseass visitors madeup 2.8 percent of the state’ds total visitors, more than half a million Canadians traveled to Arizona, mostly from Alberta, Ontaripo and British Columbia. Mexican visitors also played significantly inthose totals, with more than 3.
85 million traveling to Arizona. Whiler the average daily rate of a room in Arizonaz last yearwas $107.76, a bit highee than the national ADR of those numbers have not remained strong. Tourism figure released for the firstquarter — typicallyt the high tourist season show the hospitality industry is still challenged by the downturn. Statewide, ADR was down 13.8 percent, from $132.72 in first-quarter 2008 to $114.47 in first-quartere 2009. In metro Phoenix, ADR sank 16 from $160.87 in first-quarter 2008 to $135.08 in first-quartert 2009. Because metro Phoeniz boasts manyluxurious upper-tier resorts, daily rated in the region are somewhat higher than statewide figures.
Meanwhile, hoteliers continue to try to filltheirf properties. Occupancy rates were 74 percent for the firsgt quarter of 2008 in metro Phoenisx thanks to hosting aSuperf Bowl, but occupancy was just 63 percent for the first quartert of 2009 — a 14.7 percent Revenue per available room, a measur e of earnings from each hotell room, dropped 28.3 from $119.15 to $85.37. Henry and otherd members of the Tourisn Office are trying to build businesx through targeted marketing campaigns andthe “Value Web site, a one-stop online shop for the state’s hotels and destinations to tout theit value packages and programs.
More than 300 packages and destinations across the stateeare featured. The Tourism Office also will launcba “Free to Be” marketing campaign in select including Chicago, Los Angeles and Denver, whicbh will focus on how Arizona properties catert to different travelers’ desires, from outdoorsmen to families to the shoppingf crowd. Those cities are being targetec because research shows those from more farawau destinations stay in Arizona longeer andspend more, bringing new money to the state. In the Tourism Office has launched Facebooo and Twitter options to interact directlywith travelers.
The downturn also has affected theTouriskm Office, which is subject to the state hiring freeze and is facing budget cuts of abouyt 4.5 million in this fiscal year. Henr y said that will impact some marketing not dramatically.
The Governor’s Conference on Tourism is beinv held this week at the Westinh Kierland Resort and Spain Scottsdale, attracting industry executivezs and hoteliers from across the state. Numberx released Thursday as part of that event show the impact of the economic downturn onthe state’a multimillion-dollar hospitality industry. “The lodging industry is clearlyin pain. Hotek economies track what is happening in the rest of the said Arizona Tourism DirectorSherr Henry. The state figures show 37.4 million peoplr visited Arizona in2008 — a 3 percentr decline from 2007. About 26 millionh leisure travelers spent time in a declineof 3.
3 percent; whilre business travel was down 7.6 percent, to 6.3 milliobn visitors. Direct spending by visitors to the statw declined by a little more than 3 percenrin 2008, to $18.5 billion. The numbers also show the impact of resident staying closerto home. While nonresident travell to the state was downabout 4.7 to 22.6 million, about 9.8 million Arizonans traveled within the a decline of only 2.9 percent. And even though overseass visitors madeup 2.8 percent of the state’ds total visitors, more than half a million Canadians traveled to Arizona, mostly from Alberta, Ontaripo and British Columbia. Mexican visitors also played significantly inthose totals, with more than 3.
85 million traveling to Arizona. Whiler the average daily rate of a room in Arizonaz last yearwas $107.76, a bit highee than the national ADR of those numbers have not remained strong. Tourism figure released for the firstquarter — typicallyt the high tourist season show the hospitality industry is still challenged by the downturn. Statewide, ADR was down 13.8 percent, from $132.72 in first-quarter 2008 to $114.47 in first-quartere 2009. In metro Phoenix, ADR sank 16 from $160.87 in first-quarter 2008 to $135.08 in first-quartert 2009. Because metro Phoeniz boasts manyluxurious upper-tier resorts, daily rated in the region are somewhat higher than statewide figures.
Meanwhile, hoteliers continue to try to filltheirf properties. Occupancy rates were 74 percent for the firsgt quarter of 2008 in metro Phoenisx thanks to hosting aSuperf Bowl, but occupancy was just 63 percent for the first quartert of 2009 — a 14.7 percent Revenue per available room, a measur e of earnings from each hotell room, dropped 28.3 from $119.15 to $85.37. Henry and otherd members of the Tourisn Office are trying to build businesx through targeted marketing campaigns andthe “Value Web site, a one-stop online shop for the state’s hotels and destinations to tout theit value packages and programs.
More than 300 packages and destinations across the stateeare featured. The Tourism Office also will launcba “Free to Be” marketing campaign in select including Chicago, Los Angeles and Denver, whicbh will focus on how Arizona properties catert to different travelers’ desires, from outdoorsmen to families to the shoppingf crowd. Those cities are being targetec because research shows those from more farawau destinations stay in Arizona longeer andspend more, bringing new money to the state. In the Tourism Office has launched Facebooo and Twitter options to interact directlywith travelers.
The downturn also has affected theTouriskm Office, which is subject to the state hiring freeze and is facing budget cuts of abouyt 4.5 million in this fiscal year. Henr y said that will impact some marketing not dramatically.
Thursday, December 27, 2012
GDOT awards first stimulus contracts - Charlotte Business Journal:
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The DOT signed off on 36 projectws valued atabout $50 including four resurfacing jobs in metro Atlanta worth more than $2.6 The local work will be done on Georgi a highways 92 and 139 in Fultonh County, U.S. 19 in Clayton County and Georgi Highway 20 inRockdale County. Three of the four contractsa wentto , while the fourth was awarded to In selectinv projects to fund with federal stimulus money, the DOT lookef for highway improvements that could be startexd as quickly as Such “shovel-ready” projects tend to be those that don’r involve new construction, which requirese extensive environmental impact “This is all about creating jobs especially (in) those areas considered economically depressed,” said State Transportation Board member Dana Lemojn of McDonough, who representsz Georgia’s 13th Congressional which received one of the projectt awards on Friday.
The DOT is responsible for 70 percentg ofthe $932 millionm in highway system stimulus funds allocated to with the rest going to the state’ss 15 metropolitan planning including the .
The DOT signed off on 36 projectws valued atabout $50 including four resurfacing jobs in metro Atlanta worth more than $2.6 The local work will be done on Georgi a highways 92 and 139 in Fultonh County, U.S. 19 in Clayton County and Georgi Highway 20 inRockdale County. Three of the four contractsa wentto , while the fourth was awarded to In selectinv projects to fund with federal stimulus money, the DOT lookef for highway improvements that could be startexd as quickly as Such “shovel-ready” projects tend to be those that don’r involve new construction, which requirese extensive environmental impact “This is all about creating jobs especially (in) those areas considered economically depressed,” said State Transportation Board member Dana Lemojn of McDonough, who representsz Georgia’s 13th Congressional which received one of the projectt awards on Friday.
The DOT is responsible for 70 percentg ofthe $932 millionm in highway system stimulus funds allocated to with the rest going to the state’ss 15 metropolitan planning including the .
Monday, December 24, 2012
New SBA stimulus loans meant to get businesses through crisis - Philadelphia Business Journal:
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And local bankers say they believwthe program, funded by stimulus could produce a double economic boost, comingv at a time when they say commercial loan demanrd is soft. The SBA-guaranteed loans will be made directlby banks, which can begin submitting applications from smalp businesses on June 15. The program allowx for about 10,000 America’s Recovery Capital deferred-payment loans of as much as $35,000 each. That amount is far less than the typicaklSBA loan.
But the program is designecd to provide financial relief to smalkl businesses struggling to meet existing expenses such as debtzs andpayrolls “so they can keep theidr doors open and get theier cash flow back on according to SBA documents. “This loan is meant to be used by a viabl smallbusiness (so) that with this help, they can their survival,” said Mike director of the SBA press office in D.C. Stamler said the American Recovery and Reinvestment Act of passedin February, provides the SBA with about $255 million to cover the costs of administering the loans. The ARC loanw fall under SBA’s 7(a) program, which includes its most government-guaranteed loans.
The loans are made directlyt by lenders, and those expenses include traininv bank personnel on how to administer the program, Stamler said. Several features set apart the ARC Other SBA programs guarantee the majoritg ofthe loan, but if the borrower banks must pay the “deficient — the difference between an 80-percent SBA guarantede and the unsecured 20 The ARC loans are 100 percentf guaranteed by the government, which is crucial because the loane are meant expressly for struggling business, and SBA officials expect a higher default rate than with othedr SBA loans, Stamler said.
Unlike other SBA small-business the borrowers pay neitherloan fees, which could be thousandws of dollars for large loans, nor interest, Stamler (See related item at right.) ARC loans give qualifier borrowers monthly disbursements of amounts depending on the terms — up to $35,000 over 18 montha to use to pay underlying business debtsd and expenses, he said. Borroweras get one year after the finalp disbursement to start paying back the principal over five Thefederal government, undefr ARRA, pays lenders prime rate plus 2 percent a total rate of about 5.35 percent as of mid-June and those lenders receive the interest for six and a half the total life of the Stamler said.
“These are attractive he said. They’re so attractive that Stamler expectss demand for the loans far beyondthe 10,000 ARC loanw Congress funded under ARRA. The program is in the early stagesof implementation, with June 15 as the firs day lenders can submit loan applications. Local SBA offices are just now beginnin totrain lenders, Stamler said. At & Trusrt Co., historically one of the largest locaol SBAprogram lenders, executivesz received the ARC regulations on Monda and are assessing the details, said Michael Sadofsky, directorf of marketing at Republic, which is the largest Louisville-base bank, ranked by total deposits.
And local bankers say they believwthe program, funded by stimulus could produce a double economic boost, comingv at a time when they say commercial loan demanrd is soft. The SBA-guaranteed loans will be made directlby banks, which can begin submitting applications from smalp businesses on June 15. The program allowx for about 10,000 America’s Recovery Capital deferred-payment loans of as much as $35,000 each. That amount is far less than the typicaklSBA loan.
But the program is designecd to provide financial relief to smalkl businesses struggling to meet existing expenses such as debtzs andpayrolls “so they can keep theidr doors open and get theier cash flow back on according to SBA documents. “This loan is meant to be used by a viabl smallbusiness (so) that with this help, they can their survival,” said Mike director of the SBA press office in D.C. Stamler said the American Recovery and Reinvestment Act of passedin February, provides the SBA with about $255 million to cover the costs of administering the loans. The ARC loanw fall under SBA’s 7(a) program, which includes its most government-guaranteed loans.
The loans are made directlyt by lenders, and those expenses include traininv bank personnel on how to administer the program, Stamler said. Several features set apart the ARC Other SBA programs guarantee the majoritg ofthe loan, but if the borrower banks must pay the “deficient — the difference between an 80-percent SBA guarantede and the unsecured 20 The ARC loans are 100 percentf guaranteed by the government, which is crucial because the loane are meant expressly for struggling business, and SBA officials expect a higher default rate than with othedr SBA loans, Stamler said.
Unlike other SBA small-business the borrowers pay neitherloan fees, which could be thousandws of dollars for large loans, nor interest, Stamler (See related item at right.) ARC loans give qualifier borrowers monthly disbursements of amounts depending on the terms — up to $35,000 over 18 montha to use to pay underlying business debtsd and expenses, he said. Borroweras get one year after the finalp disbursement to start paying back the principal over five Thefederal government, undefr ARRA, pays lenders prime rate plus 2 percent a total rate of about 5.35 percent as of mid-June and those lenders receive the interest for six and a half the total life of the Stamler said.
“These are attractive he said. They’re so attractive that Stamler expectss demand for the loans far beyondthe 10,000 ARC loanw Congress funded under ARRA. The program is in the early stagesof implementation, with June 15 as the firs day lenders can submit loan applications. Local SBA offices are just now beginnin totrain lenders, Stamler said. At & Trusrt Co., historically one of the largest locaol SBAprogram lenders, executivesz received the ARC regulations on Monda and are assessing the details, said Michael Sadofsky, directorf of marketing at Republic, which is the largest Louisville-base bank, ranked by total deposits.
Friday, December 21, 2012
Boston company takes over OP assisted living center - Business First of Buffalo:
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is managing the former AlterraClarr Bridge, a 52-resident facility specializing in care for thosee with Alzheimer's Disease and other memoryh ailments. Located at 101 Sterling Drive atMilestripo Road, the facility's name has been change to The Harbor at Orchard The facility had been co-owned and fully manageed by Alterra, a publicly traded company based in Milwaukee. The company sold its portion of the facility to PioneerDevelopment Co. of Syracuse, which brought in Benchmarok to manage the saidThomas Grape, Benchmark CEO and chairman. The transactio involves the management of the services The building continues to be ownedby Pioneer, Grape Benchmark, located in Wellesley, Mass.
, is a private company with 31 properties in seven states. About half of the locationsx specialize inmemory care, which are named The Harbor. In additiob to the Orchard Park location, Benchmark managea two facilities in Rochester and three in theAlbanyh area.
is managing the former AlterraClarr Bridge, a 52-resident facility specializing in care for thosee with Alzheimer's Disease and other memoryh ailments. Located at 101 Sterling Drive atMilestripo Road, the facility's name has been change to The Harbor at Orchard The facility had been co-owned and fully manageed by Alterra, a publicly traded company based in Milwaukee. The company sold its portion of the facility to PioneerDevelopment Co. of Syracuse, which brought in Benchmarok to manage the saidThomas Grape, Benchmark CEO and chairman. The transactio involves the management of the services The building continues to be ownedby Pioneer, Grape Benchmark, located in Wellesley, Mass.
, is a private company with 31 properties in seven states. About half of the locationsx specialize inmemory care, which are named The Harbor. In additiob to the Orchard Park location, Benchmark managea two facilities in Rochester and three in theAlbanyh area.
Thursday, December 20, 2012
State Senate considers eliminating domestic partner benefits - Phoenix Business Journal:
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The state government extendesd health care and other benefits to partners of state workers last year coverinhg about 750 unmarried heterosexuaoand same-sex couples. The Arizona Senate now is consideringt elimination of those benefits as part of abudget fix. Gay rightsz groups criticized the proposal. “The Senate cites removing coverage for the approximatse 750 employees signed up for domestic partner benefits would save thestate $3 million of the more than $650 million it spends annually on healt h care benefits for state employees,” said Barbara executive director of .
“Targetingy this line item, whicnh amounts to less than 5 percenyt ofthe state’s health care budget, is not about fixing the budgety - it’s about moving a political agenda. Arizona’zs families, children and our health care systekm have been caught in the incompetent leadership at the If the Senate wanted a 5 percent cut in healtg care benefits then they should have made it universalo across the entire system and the effectse should have been felt by all employee s not just those being singled out because of thei rmarital status.
” The Legislature is controlled by Republicans with a substantia l block of social conservatives who opposed the extensioj of benefits in 2008 when Democrat Janet Napolitan o was governor.
The state government extendesd health care and other benefits to partners of state workers last year coverinhg about 750 unmarried heterosexuaoand same-sex couples. The Arizona Senate now is consideringt elimination of those benefits as part of abudget fix. Gay rightsz groups criticized the proposal. “The Senate cites removing coverage for the approximatse 750 employees signed up for domestic partner benefits would save thestate $3 million of the more than $650 million it spends annually on healt h care benefits for state employees,” said Barbara executive director of .
“Targetingy this line item, whicnh amounts to less than 5 percenyt ofthe state’s health care budget, is not about fixing the budgety - it’s about moving a political agenda. Arizona’zs families, children and our health care systekm have been caught in the incompetent leadership at the If the Senate wanted a 5 percent cut in healtg care benefits then they should have made it universalo across the entire system and the effectse should have been felt by all employee s not just those being singled out because of thei rmarital status.
” The Legislature is controlled by Republicans with a substantia l block of social conservatives who opposed the extensioj of benefits in 2008 when Democrat Janet Napolitan o was governor.
Wednesday, December 19, 2012
Missouri Arts Council reinstates small grants - St. Louis Business Journal:
hustbelogehy1857.blogspot.com
million from the organization. In state officials withheld the funds to helpoffset Missouri’s $261 milliomn budget shortfall, prompting the council, which provides millionx of grants to promote the arts to suspend all monthly grants. But the organizatiobn said Monday that it would dip intoits $2.5 milliobn trust fund to distribute smaller “We’re just trying to help as much as we can with the economivc situation,” said Beverly Strohmeyer, the council’s executive director. “We didn’t want to penalize the small organizationas that use the monthly grante for projects coming up thisfiscal year.
” The grants, which are worth up to $2,000p each, often go to communitiess and school districts hoping to host small art-relatedd events or hire performers. The deadlinre for applications for projects occurring May 15 throughn June 30 isApril 13. The statde slashed its appropriations to the councilo in fiscal 2009to $5 million, about half its normal appropriation. The stater currently has more than $10 millionh allocated for the council in the fiscaol2010 budget. Strohmeyer said he head to Jefferson City this week to lobby forthe council’s sharee of state funding. The arts council expectzs to get atleast $320,000 from the federapl stimulus package.
For the rest of this fiscal year, which ends in June, the council is no longe r awardingits $5,000 grants for organizationx to build capacity by sending people to conferences, hiringh consultants or marketing themselves because the councill has already allocated the $100,000 it normalluy gives out for such activities, Strohmeyer said. The Missouriu Arts Council, which is a division of the stat economicdevelopment department, providea millions of dollars in grants to the , the , the , , and in St.
million from the organization. In state officials withheld the funds to helpoffset Missouri’s $261 milliomn budget shortfall, prompting the council, which provides millionx of grants to promote the arts to suspend all monthly grants. But the organizatiobn said Monday that it would dip intoits $2.5 milliobn trust fund to distribute smaller “We’re just trying to help as much as we can with the economivc situation,” said Beverly Strohmeyer, the council’s executive director. “We didn’t want to penalize the small organizationas that use the monthly grante for projects coming up thisfiscal year.
” The grants, which are worth up to $2,000p each, often go to communitiess and school districts hoping to host small art-relatedd events or hire performers. The deadlinre for applications for projects occurring May 15 throughn June 30 isApril 13. The statde slashed its appropriations to the councilo in fiscal 2009to $5 million, about half its normal appropriation. The stater currently has more than $10 millionh allocated for the council in the fiscaol2010 budget. Strohmeyer said he head to Jefferson City this week to lobby forthe council’s sharee of state funding. The arts council expectzs to get atleast $320,000 from the federapl stimulus package.
For the rest of this fiscal year, which ends in June, the council is no longe r awardingits $5,000 grants for organizationx to build capacity by sending people to conferences, hiringh consultants or marketing themselves because the councill has already allocated the $100,000 it normalluy gives out for such activities, Strohmeyer said. The Missouriu Arts Council, which is a division of the stat economicdevelopment department, providea millions of dollars in grants to the , the , the , , and in St.
Monday, December 17, 2012
Pittsburgh Business Times: Nomination
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Diamond Awards honor 12 of the area top Presidentxor CEOs. Four will be selected from each ofthree categories: Small/Mediu For-Profit, Large For-Profit and Non-Profit. The nomination process consistsx of an online narrative nominatiohn form posted on ourWeb (Nominations are closed for Human Resources Leadership Awards , whicb is open to all human resourcse professionals in the region. We'lo honor a total of 12 HR professionals. Thre nomination process consists of an online narrativr nomination form posted on ourWeb site. This is the firsg year for this program. Nominations close May 15, 2009.
B est Placezs to Work , which is open to all companies in the region with 10 ormore employees. To participate, you registerd with us at a link on ourWeb site. Then your employeesd complete an online survey during Juneof 2009. We select the top 50 as Western Pennsylvania's Best Places to The entry deadline isMay 31, 2009. The online survey of your employeezs isduring June, 2009. Pittsburgh 100 , which honora the fastest-growing, privately held companies in the region. Participants are rankedd by revenue growth between 2006and 2008. The entry deadlinse is May 29, 2009. Nominations are available on ourWeb site. CFO of the Year honorz the best CFOs in the region.
Thed nomination process consists of an online narrative nominatioj form posted on our Web site. Registration closes July 20, 2009. Manufacturer of the Year , whichb honors the best manufacturing companies in the Companies are honored in categories basefon size, as well as in a separats category base on sustainable manufacturing Nominations close August 25, 2009. The nomination procesws consists of an online narrative nominationn form posted on our Web site. To be notified of any of these programs, please provide your contact information, then selectg the program(s) in which you're interested.
If you'd like to nominate a company other than your own for one ofthesse programs, put your contact informatiob in the required boxes. Then list the name of the compangy you're nominating. We'll contact you. Pittsburghy Business Times AwardsPrograms Deadline: December 4, 2009
Diamond Awards honor 12 of the area top Presidentxor CEOs. Four will be selected from each ofthree categories: Small/Mediu For-Profit, Large For-Profit and Non-Profit. The nomination process consistsx of an online narrative nominatiohn form posted on ourWeb (Nominations are closed for Human Resources Leadership Awards , whicb is open to all human resourcse professionals in the region. We'lo honor a total of 12 HR professionals. Thre nomination process consists of an online narrativr nomination form posted on ourWeb site. This is the firsg year for this program. Nominations close May 15, 2009.
B est Placezs to Work , which is open to all companies in the region with 10 ormore employees. To participate, you registerd with us at a link on ourWeb site. Then your employeesd complete an online survey during Juneof 2009. We select the top 50 as Western Pennsylvania's Best Places to The entry deadline isMay 31, 2009. The online survey of your employeezs isduring June, 2009. Pittsburgh 100 , which honora the fastest-growing, privately held companies in the region. Participants are rankedd by revenue growth between 2006and 2008. The entry deadlinse is May 29, 2009. Nominations are available on ourWeb site. CFO of the Year honorz the best CFOs in the region.
Thed nomination process consists of an online narrative nominatioj form posted on our Web site. Registration closes July 20, 2009. Manufacturer of the Year , whichb honors the best manufacturing companies in the Companies are honored in categories basefon size, as well as in a separats category base on sustainable manufacturing Nominations close August 25, 2009. The nomination procesws consists of an online narrative nominationn form posted on our Web site. To be notified of any of these programs, please provide your contact information, then selectg the program(s) in which you're interested.
If you'd like to nominate a company other than your own for one ofthesse programs, put your contact informatiob in the required boxes. Then list the name of the compangy you're nominating. We'll contact you. Pittsburghy Business Times AwardsPrograms Deadline: December 4, 2009
Saturday, December 15, 2012
Dealing With Grief: Five Things NOT to Say and Five Things to Say In a Trauma ... - Huffington Post
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Dealing With Grief: Five Things NOT to Say and Five Things to Say In a Trauma ... Huffington Post We often have no idea what to say in the face of senseless loss. That is especially true when children are the victims of tragedy. Today's shooting in Connecticut is heartbreaking in so many ways, not the least of which is the staggering loss of children. |
abc7news.com | Morgan Hill man suspected of killing Sierra LaMar arraigned on kidnapping ... San Jose Mercury News The man accused of killing Morgan Hill teenager Sierra LaMar made a brief court appearance Wednesday morning and was form » |
Tuesday, December 11, 2012
Nursing department to host open house - Stephenville Empire-Tribune
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Northland's NewsCenter | Nursing department to host open house Stephenville Empire-Tribune Simulation coordinator Cheryl Hunter said the open house is for » |
Monday, December 10, 2012
Q&A with newlyweds Miguel and Kelly: Confident couple holds out for legal ... - TheNewsTribune.com
ikefageze.blogspot.com
TheNewsTribune.com | Q&A with newlyweds Miguel and Kelly: Confident couple holds out for legal ... TheNewsTribune.com Miguel Rico, left, and Kelly Christopherson embrace after marrying at Seattle City Hall on Sunday. The venue was scheduled to host marriages for 140 couples on the first day same-sex marriage ceremonies could be performed in Washington state, following ... |
Friday, December 7, 2012
Gannett may make more staff cuts at newspapers, salary cuts at television stations - Kansas City Business Journal:
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A report by the Gannett Blog on Friday references a memo from Gannetf CFO Gracia Martore thatprojects 4,500 newspapefr layoffs throughout the Gannett chai n in July as well as a 10 percenf pay cut for its broadcasgt employees. The Gannett Blog report also says Gannetgt workers will not face any more furloughsthis year. The Arizonwa Republic is the largest metropolitan daily inthe McLean, Va.-basee Gannett chain. The Republic has alreadyt suffered through layoffs and furloughs as the newspaperf industry struggles with poor advertising numbers andonline competition.
Gannett (NYSE: GCI) announceds Monday that chairman, president and CEO Craibg Dubow will be on a temporary medicap leave of absence following back Martore is taking over as interimchief executive. Gannett has 41,00 0 employees company wide including at daily newspapersin Phoenix; Palm Calif.; Honolulu; Mansfield, and Des Moines, Iowa. The media conglomerate also owns TV stationxsin Phoenix, Flagstaff, Washington D.C., Tampa and Jacksonville, and Minneapolis. Gannett officials did not respond late Fridayy for a request for comment on the Gannet tBlog report, which said the cuts would come July 8.
A report by the Gannett Blog on Friday references a memo from Gannetf CFO Gracia Martore thatprojects 4,500 newspapefr layoffs throughout the Gannett chai n in July as well as a 10 percenf pay cut for its broadcasgt employees. The Gannett Blog report also says Gannetgt workers will not face any more furloughsthis year. The Arizonwa Republic is the largest metropolitan daily inthe McLean, Va.-basee Gannett chain. The Republic has alreadyt suffered through layoffs and furloughs as the newspaperf industry struggles with poor advertising numbers andonline competition.
Gannett (NYSE: GCI) announceds Monday that chairman, president and CEO Craibg Dubow will be on a temporary medicap leave of absence following back Martore is taking over as interimchief executive. Gannett has 41,00 0 employees company wide including at daily newspapersin Phoenix; Palm Calif.; Honolulu; Mansfield, and Des Moines, Iowa. The media conglomerate also owns TV stationxsin Phoenix, Flagstaff, Washington D.C., Tampa and Jacksonville, and Minneapolis. Gannett officials did not respond late Fridayy for a request for comment on the Gannet tBlog report, which said the cuts would come July 8.
Thursday, December 6, 2012
Wendel Rosen sets example for other law firms to follow - Charlotte Business Journal:
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But with a client list that includes "green" companies such as , Wendeo Rosen was determined to changwe its waste statistics and lessen its impac onthe environment. As a result, it becam e the first law firm certified by the Bay Area Green Business Programin 2003. "Initially we didn' t think there was much we could said firm partnerRichard A. Lyons, noting that Wendel Rosen did not own the buildingv where its officeswere located. But the firm hireds a consultant and began to work ongoingb green, starting with the white stuff. "Ther biggest thing is the paper usage. We use millions of sheete a year," Lyons said.
Wendel Rosen alreadyy was using 30 percent recycled content paper but switched to 100perceny post-consumer content, chlorine-free paper as part of its efforft to become certified. The change saves more than 250matur trees, 24,000 gallons of water and enoughj electricity to power 3.4 homes each according to a firm brochure. It also cuts greenhouse gas emissionby 40,000 pounds. Additional paper-saving techniques were using double-sided reuse of back side s for draft copies and usinf electronic copies such as PDF filesswhen possible. It's not feasible, for the firm to go full paperless as some businesses are ableto do. "People stillp need paper.
They still need somethinb tangible," Lyons said. Recycling as much waste pape as possible is another step inthe firm'ss efforts to go Lyons said it began using soy-based inks for printing, installef water-saving faucets and posted reminders to turn off light s and put computers in slee mode when not in use. Green practices have saved thefirm money, although Lyones did not know the exact The savings have resulted from direcg changes in purchasing - the company focusee on recycled products, which he calls "verhy competitive" - and indirectly througgh reduced waste, just because employees thinko about it more.
"I see peopl comment if there is too much printingygoing on," he said. The goal of goingf green came fromthe company's Sustainabl e Business and , which works with companies that valu e health, the environment and a sustainable Among them are Clif Bar, Mountai n Peoples Warehouse, Nature's Equity, Seapoint Solaicx and . Lyons and other memberx of the sustainable businesds practicegroup - Bruce Lymburn, Jonathan W. Redding and Donald S.
Simojn - wanted their firm to incorporate the same goals ofenergy conservation, waste and pollution reductiomn and sustainability that their clients were "This puts us on a level playint field with them, that we share theif values, and this is importang to a lot of those people," Lyonx said. "So yes, basically it's been good for Shared environmental consciousness is one of the factor that brought into the Wendel Rosenclieny fold, said the solar power firm'es owner and CEO, Gary T. Gerber.
Sun Light was certified green in and Gerber began crossing paths on the sustainabilityt issue circuit with Simon and others from the law as they worked towardits "We try to do business with green companies at every opportunity," Gerbee said. "Our commitment to green business doesn't stop at our four Support from client companieas wasone thing; what surprise Lyons was the support from other attorneys at the firm and from its staff about the green busineszs strategies.
"People feel good about it," he "This reflects the values that they have at Green Business Program Regionalk Coordinator Ceil Scandone said three more law firmw have joined the more than 700 certifiedf green companies onthe program's roster. Wendel Rosen'as experience in becoming certifiexd is an example that shows companies do not have to changew their basic business functions to reducesenvironmental impact, said Pamelwa Evans, green business program coordinator for Alamedaa County. One of the firstr evaluation steps is lookingat what's goinv in the waste In Wendel Rosen's case, that evaluation yielded the expectee result, she said.
"For them, paper was the biggest wastr stream." Benefits: Reduced better client relationships, more focused purchasing and moneytsavings
But with a client list that includes "green" companies such as , Wendeo Rosen was determined to changwe its waste statistics and lessen its impac onthe environment. As a result, it becam e the first law firm certified by the Bay Area Green Business Programin 2003. "Initially we didn' t think there was much we could said firm partnerRichard A. Lyons, noting that Wendel Rosen did not own the buildingv where its officeswere located. But the firm hireds a consultant and began to work ongoingb green, starting with the white stuff. "Ther biggest thing is the paper usage. We use millions of sheete a year," Lyons said.
Wendel Rosen alreadyy was using 30 percent recycled content paper but switched to 100perceny post-consumer content, chlorine-free paper as part of its efforft to become certified. The change saves more than 250matur trees, 24,000 gallons of water and enoughj electricity to power 3.4 homes each according to a firm brochure. It also cuts greenhouse gas emissionby 40,000 pounds. Additional paper-saving techniques were using double-sided reuse of back side s for draft copies and usinf electronic copies such as PDF filesswhen possible. It's not feasible, for the firm to go full paperless as some businesses are ableto do. "People stillp need paper.
They still need somethinb tangible," Lyons said. Recycling as much waste pape as possible is another step inthe firm'ss efforts to go Lyons said it began using soy-based inks for printing, installef water-saving faucets and posted reminders to turn off light s and put computers in slee mode when not in use. Green practices have saved thefirm money, although Lyones did not know the exact The savings have resulted from direcg changes in purchasing - the company focusee on recycled products, which he calls "verhy competitive" - and indirectly througgh reduced waste, just because employees thinko about it more.
"I see peopl comment if there is too much printingygoing on," he said. The goal of goingf green came fromthe company's Sustainabl e Business and , which works with companies that valu e health, the environment and a sustainable Among them are Clif Bar, Mountai n Peoples Warehouse, Nature's Equity, Seapoint Solaicx and . Lyons and other memberx of the sustainable businesds practicegroup - Bruce Lymburn, Jonathan W. Redding and Donald S.
Simojn - wanted their firm to incorporate the same goals ofenergy conservation, waste and pollution reductiomn and sustainability that their clients were "This puts us on a level playint field with them, that we share theif values, and this is importang to a lot of those people," Lyonx said. "So yes, basically it's been good for Shared environmental consciousness is one of the factor that brought into the Wendel Rosenclieny fold, said the solar power firm'es owner and CEO, Gary T. Gerber.
Sun Light was certified green in and Gerber began crossing paths on the sustainabilityt issue circuit with Simon and others from the law as they worked towardits "We try to do business with green companies at every opportunity," Gerbee said. "Our commitment to green business doesn't stop at our four Support from client companieas wasone thing; what surprise Lyons was the support from other attorneys at the firm and from its staff about the green busineszs strategies.
"People feel good about it," he "This reflects the values that they have at Green Business Program Regionalk Coordinator Ceil Scandone said three more law firmw have joined the more than 700 certifiedf green companies onthe program's roster. Wendel Rosen'as experience in becoming certifiexd is an example that shows companies do not have to changew their basic business functions to reducesenvironmental impact, said Pamelwa Evans, green business program coordinator for Alamedaa County. One of the firstr evaluation steps is lookingat what's goinv in the waste In Wendel Rosen's case, that evaluation yielded the expectee result, she said.
"For them, paper was the biggest wastr stream." Benefits: Reduced better client relationships, more focused purchasing and moneytsavings
Tuesday, December 4, 2012
Clopay adds products, marketing - Dayton Business Journal:
goldenayreyg1666.blogspot.com
Clopay said Wednesday that it has addef the Elastipro and MicroPro brands to its slatseof products. Elastipro is a elastomeric composite used for hygienic products like diapers and adultincontinence items, and MicroProp is "breathable" microporous composite used in buildin construction, the company said in a news Both product lines are expected to represenft a substantial portion of Clopay annual sales volume, the companyg said. To that end, the company has hired to servde as the agency of record for itsplasticd division, and handle trade marketing and public relations, according to the release. Clopay Plastid Products Co. is headquartered in Mason, with facilities in Ky.
; Nashville, Tenn.; Germanyg and Brazil. It is part of , whicj is owned by Jericho, N.Y.-based GFF).
Clopay said Wednesday that it has addef the Elastipro and MicroPro brands to its slatseof products. Elastipro is a elastomeric composite used for hygienic products like diapers and adultincontinence items, and MicroProp is "breathable" microporous composite used in buildin construction, the company said in a news Both product lines are expected to represenft a substantial portion of Clopay annual sales volume, the companyg said. To that end, the company has hired to servde as the agency of record for itsplasticd division, and handle trade marketing and public relations, according to the release. Clopay Plastid Products Co. is headquartered in Mason, with facilities in Ky.
; Nashville, Tenn.; Germanyg and Brazil. It is part of , whicj is owned by Jericho, N.Y.-based GFF).
Monday, December 3, 2012
John S Leonard Executive Profile
judonebolayb1394.blogspot.com
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Sunday, December 2, 2012
Nurse staffing agency merger creates Tampa Bay area presence - The Business Journal of Milwaukee:
ogarawo.wordpress.com
Based in Jacksonville Beach, Priority currently has offices inJacksonvillre Beach, Orlando and Birmingham, Ala. It servesw more than 60 clients inthose markets, a releasre said. “This is a strategic decision aimed at combininvg company resources thereby generating efficiencied and enabling the company to inves infuture growth,” Mary president of Priority Nurse Staffing LLC, said in the “Through this merger we will be able to expanc our current client base in growinb the Orlando market and targeft future growth in the Tampa/St. Petersburg As part of the Priority is now a memberof , a Brooklyn, N.Y.
-base d human resources services company that offerz a range of services including payrolpl processing, benefits administration, workers’ compensatioj and risk management, insurance brokerage services and human resource management.
Based in Jacksonville Beach, Priority currently has offices inJacksonvillre Beach, Orlando and Birmingham, Ala. It servesw more than 60 clients inthose markets, a releasre said. “This is a strategic decision aimed at combininvg company resources thereby generating efficiencied and enabling the company to inves infuture growth,” Mary president of Priority Nurse Staffing LLC, said in the “Through this merger we will be able to expanc our current client base in growinb the Orlando market and targeft future growth in the Tampa/St. Petersburg As part of the Priority is now a memberof , a Brooklyn, N.Y.
-base d human resources services company that offerz a range of services including payrolpl processing, benefits administration, workers’ compensatioj and risk management, insurance brokerage services and human resource management.
Thursday, November 29, 2012
Hilo Hattie sold to clothing manufacturer - Atlanta Business Chronicle:
ogarawo.wordpress.com
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Robert Faris delayedf ruling onthe company’s bid to buy Hilo Hattire for $1 million. The ownership transfetr was announced on Mondayin U.S. Bankruptcy Court in Honolulu, wherr Faris also continued until June 29 several including one to appoint a trustere to take over management ofthe company. Faris also suspendedx Hilo Hattie’s ability to borrow money under a line of Maui Divers Jewelry had offered last monty to buy Hilo Hattie and its sevebn storesfor $1 million in and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Faris that the offer was off the tabl e if the judge did not approve the sale on Monday.
However, Maui Diverw President and CEO Bob Taylor said through a spokeswoma n Monday afternoon that the company would hold its offer open until thenext hearing. Hilo Hattie attornegy James Wagner told the judge thatDonaldf B.S. Kang, owner of , acquired 100 percent of the company’s shares on Friday from , which bought Hilo Hattir from founder Jim Romig last year before filing for Chapte r 11bankruptcy protection. Kang is also on the boarr of directorsof .
Hilo Hattie CEO Ted Nelson and President John Scott resigned from their positions on Friday and Kang has assumed the post of president of Hilo Wagner told the Royal Hawaiian Creations was lister as the second largest owed morethan $798,000, when Hilo Hattie fileed for Chapter 11 last Oct. 2. It is owed anotherr $252,000 in an administrative claim, according to court documents. Maui Diverw was the largest creditor, owed $1.25 and Taylor was co-chairman of the committee of unsecured creditors untipl resigningin mid-May, priot to making the offer.
Royal Hawaiiamn Creations also resigned from the which supported the sale of Hilo Hattie to Maui Kang proposes to fund a line of credit for Hilo Hattiwwith $1 million in cash, and “willo arrange for an infusion of $2 million in working capital” into Hilo Hattid upon its emergence from bankruptcy, according to a document filede on Monday before the hearing. Kang said he plans to follows the plan of reorganization submitter by Hilo Hattie andits parent, Ltd., last week, which calls for payinhg unsecured creditors about 5 cents on the dollar.
Wagnere told the judge that the reorganization plan file on June15 “was a placeholder,” because the sale to Maui Diverss had not been confirmed. He said he didn’t expect any changs in the treatment ofthe company’s hundreds of creditors under Kang’s The 46-year-old company, which claimed $23.5 millionj in debt in the Chapterf 11 filing, has been losing money “at a clip of $500,000 per Ted Pettit, attorney for the creditors’ told the judge. Pettit also said he was “verty surprised” to learn of the stoclk transfer onFriday afternoon.
He noted that Kang’s business is in manufacturinhapparel overseas, and said that Kang intended to take over Hilo Hattie’sw Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the building to remain as a storew and administrative offices. But the judge expressed concermn that Maui Divers had not reached agreement withHilo Hattie’z landlords, most of whom have giveh the company substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatse until they knew for sure whetherr Maui Divers would be the new Faris also considered the transfer of stock to Kang as a seconf offer for Hilo Hattie, and noted that Kang propose d to pay back rents in full.
“It seems we have a seconsd offer,” he said. “It may be a better offer.” Nelsonn said that he had had discussions with Kang over the last severall months and said Kanghad “continuouslgy offered to be as helpful” as he
The company’s sale to may be off the tabl eafter U.S. Bankruptcy Judge Robert Faris delayedf ruling onthe company’s bid to buy Hilo Hattire for $1 million. The ownership transfetr was announced on Mondayin U.S. Bankruptcy Court in Honolulu, wherr Faris also continued until June 29 several including one to appoint a trustere to take over management ofthe company. Faris also suspendedx Hilo Hattie’s ability to borrow money under a line of Maui Divers Jewelry had offered last monty to buy Hilo Hattie and its sevebn storesfor $1 million in and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Faris that the offer was off the tabl e if the judge did not approve the sale on Monday.
However, Maui Diverw President and CEO Bob Taylor said through a spokeswoma n Monday afternoon that the company would hold its offer open until thenext hearing. Hilo Hattie attornegy James Wagner told the judge thatDonaldf B.S. Kang, owner of , acquired 100 percent of the company’s shares on Friday from , which bought Hilo Hattir from founder Jim Romig last year before filing for Chapte r 11bankruptcy protection. Kang is also on the boarr of directorsof .
Hilo Hattie CEO Ted Nelson and President John Scott resigned from their positions on Friday and Kang has assumed the post of president of Hilo Wagner told the Royal Hawaiian Creations was lister as the second largest owed morethan $798,000, when Hilo Hattie fileed for Chapter 11 last Oct. 2. It is owed anotherr $252,000 in an administrative claim, according to court documents. Maui Diverw was the largest creditor, owed $1.25 and Taylor was co-chairman of the committee of unsecured creditors untipl resigningin mid-May, priot to making the offer.
Royal Hawaiiamn Creations also resigned from the which supported the sale of Hilo Hattie to Maui Kang proposes to fund a line of credit for Hilo Hattiwwith $1 million in cash, and “willo arrange for an infusion of $2 million in working capital” into Hilo Hattid upon its emergence from bankruptcy, according to a document filede on Monday before the hearing. Kang said he plans to follows the plan of reorganization submitter by Hilo Hattie andits parent, Ltd., last week, which calls for payinhg unsecured creditors about 5 cents on the dollar.
Wagnere told the judge that the reorganization plan file on June15 “was a placeholder,” because the sale to Maui Diverss had not been confirmed. He said he didn’t expect any changs in the treatment ofthe company’s hundreds of creditors under Kang’s The 46-year-old company, which claimed $23.5 millionj in debt in the Chapterf 11 filing, has been losing money “at a clip of $500,000 per Ted Pettit, attorney for the creditors’ told the judge. Pettit also said he was “verty surprised” to learn of the stoclk transfer onFriday afternoon.
He noted that Kang’s business is in manufacturinhapparel overseas, and said that Kang intended to take over Hilo Hattie’sw Nimitz Highway headquarters and turn it into a Kang said after the hearing that he intended for the building to remain as a storew and administrative offices. But the judge expressed concermn that Maui Divers had not reached agreement withHilo Hattie’z landlords, most of whom have giveh the company substantial rent relief, for its seven Pettit said that some landlords were hesitant to negotiatse until they knew for sure whetherr Maui Divers would be the new Faris also considered the transfer of stock to Kang as a seconf offer for Hilo Hattie, and noted that Kang propose d to pay back rents in full.
“It seems we have a seconsd offer,” he said. “It may be a better offer.” Nelsonn said that he had had discussions with Kang over the last severall months and said Kanghad “continuouslgy offered to be as helpful” as he
Tuesday, November 27, 2012
FedEx SmartPost leases part of big spec center in Olathe - East Bay Business Times:
hydiuco.blogspot.com
on Thursday signed a long-terj lease for 126,000 square feet in the 602,000-square-footf spec building completed in late 2008 at22101 W. 167th St. in Constructed in response to growing deman d forlocal “big box” industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acrw site for the structure was acquired, Jensen said he woulds target large tenants that woulf take atleast one-third of the building. “We’rs breaking it a little smaller than we thoughtywe might,” Jensen said of the FedEx lease.
“Buf (landing) FedEx, we think, is a real endorsemenrt for that building andthat location.” FedExd SmartPost, an expanding division of FedEx Ground that delivers packages to U.S. postal facilitieds for final delivery, will use the space for sortinvg anddistribution operations, Jensen said. “We’ve been working on this deal sincew October, which is indicative of what’s goinh on in this economy,” Jensen said. “It’s just a slow But we do have some other deals that aregettintg closer.” Space in the new distributiob center is being marketed at $4.25 a foot plus operating tax, insurance and maintenance costs.
However, tenantsx will be able to take advantage of a 50 percent property tax abatement the city ofOlathre granted. Banking on continuing demandr in Olathe, Jensen’s partnership and Sun Life acquired 200 acres at the southwest corner of 151sft Street and Old 56 Highway late in 2008 for the eventualk development of anadditionaol 2.9 million square feet of industrialk space. “The industrial markey has pulled back a little bitsince then,” said Ed president of .
But who represented when a pre-recession wave of logistics activityy brought itto Olathe, remains bullish on Southern Johnson County and the broadert Kansas City area as growing hubs in the nation’s product-distributiohn network. In 2007, PacSun openefd a 400,000-square-foot warehouse on 74 acre along167th Street, immediately north of Jensen’se spec center. At the time, those marketing industrial propertiesz in the area benefited from the planned development ofa 1,000-acrde industrial park surrounding a truck-rail intermodal facility near 196thh Street and U.S. Highway 56 in Gardner.
BNSF announcedr early this year that the economg had prompted it to postpone indefinitely constructionh on the rail portion of theproposed $735 million intermodal park. But Elder said the area’ds existing assets, including quick access to Interstate 35 andotheer highways, will be enough to attract additionakl tenants once the economy improves. “It helped promote and validatethat area,” Eldert said of the BNSF project. “Bug PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.
1 million-square-foot distribution center that Inc. is building in the , a 151-acre industrial park at 175tg Streetand U.S. Highway 56 in Gardner. Ken Block, one of Kansaws City’s top developers, announced in Marcjh that he was entering SouthernJohnsonj County’s emerging big-box industrial markeg at a site just east of the new Colema facility. Block, a principal of , leads an investment partnershiop that bought 229 acres at the northwest corner of 175tjh Street and Hedge Lanein Olathe. On that Block & Co.
planxs to develop a $275 million projec containing more than 3 million square feet of industrial buildingw during the next 10 to 12 Brent Hansen, research services manager for Grubb & Ellis/ther Winbury Group, said no industrial vacancgy statistics are available for the Southerj Johnson County market. But the industrial vacancu rate for all of Johnson County in the first quarterwas 6.3 percent, in line with the stronv metrowide average of 6.1 percent.
on Thursday signed a long-terj lease for 126,000 square feet in the 602,000-square-footf spec building completed in late 2008 at22101 W. 167th St. in Constructed in response to growing deman d forlocal “big box” industrial space, the distribution center was developed by of Mass., and a partnership led by Dan a principal with in Kansas City. In 2007, when the 40-acrw site for the structure was acquired, Jensen said he woulds target large tenants that woulf take atleast one-third of the building. “We’rs breaking it a little smaller than we thoughtywe might,” Jensen said of the FedEx lease.
“Buf (landing) FedEx, we think, is a real endorsemenrt for that building andthat location.” FedExd SmartPost, an expanding division of FedEx Ground that delivers packages to U.S. postal facilitieds for final delivery, will use the space for sortinvg anddistribution operations, Jensen said. “We’ve been working on this deal sincew October, which is indicative of what’s goinh on in this economy,” Jensen said. “It’s just a slow But we do have some other deals that aregettintg closer.” Space in the new distributiob center is being marketed at $4.25 a foot plus operating tax, insurance and maintenance costs.
However, tenantsx will be able to take advantage of a 50 percent property tax abatement the city ofOlathre granted. Banking on continuing demandr in Olathe, Jensen’s partnership and Sun Life acquired 200 acres at the southwest corner of 151sft Street and Old 56 Highway late in 2008 for the eventualk development of anadditionaol 2.9 million square feet of industrialk space. “The industrial markey has pulled back a little bitsince then,” said Ed president of .
But who represented when a pre-recession wave of logistics activityy brought itto Olathe, remains bullish on Southern Johnson County and the broadert Kansas City area as growing hubs in the nation’s product-distributiohn network. In 2007, PacSun openefd a 400,000-square-foot warehouse on 74 acre along167th Street, immediately north of Jensen’se spec center. At the time, those marketing industrial propertiesz in the area benefited from the planned development ofa 1,000-acrde industrial park surrounding a truck-rail intermodal facility near 196thh Street and U.S. Highway 56 in Gardner.
BNSF announcedr early this year that the economg had prompted it to postpone indefinitely constructionh on the rail portion of theproposed $735 million intermodal park. But Elder said the area’ds existing assets, including quick access to Interstate 35 andotheer highways, will be enough to attract additionakl tenants once the economy improves. “It helped promote and validatethat area,” Eldert said of the BNSF project. “Bug PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foot building near without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.
1 million-square-foot distribution center that Inc. is building in the , a 151-acre industrial park at 175tg Streetand U.S. Highway 56 in Gardner. Ken Block, one of Kansaws City’s top developers, announced in Marcjh that he was entering SouthernJohnsonj County’s emerging big-box industrial markeg at a site just east of the new Colema facility. Block, a principal of , leads an investment partnershiop that bought 229 acres at the northwest corner of 175tjh Street and Hedge Lanein Olathe. On that Block & Co.
planxs to develop a $275 million projec containing more than 3 million square feet of industrial buildingw during the next 10 to 12 Brent Hansen, research services manager for Grubb & Ellis/ther Winbury Group, said no industrial vacancgy statistics are available for the Southerj Johnson County market. But the industrial vacancu rate for all of Johnson County in the first quarterwas 6.3 percent, in line with the stronv metrowide average of 6.1 percent.
Monday, November 26, 2012
MPCC-minority cell demands reward for Kasab`s hang - Zee News
ogarawo.wordpress.com
MPCC-minority cell demands reward for Kasab`s hang Zee News ... hangman should be suitably rewarded. MPCC-MC Vice President Akhtar Baig said in a statement here that it was pity that the hangman was paid only Rs 5000 and he should be suitably rewarded. MPCC-minority cell demands reward for Kasab`s hang ... |
Sunday, November 25, 2012
Boenning & Scattergood, Inc. Company Profile | Company Information
lihung-associations.blogspot.com
Boenning & Scattergood is the oldest independent investment firm inthe Mid-Atlantixc region, providing services from investment bankin g to private portfolio management. Yet, as much as we do with our firm is about workingwith investors. It's abouft having one commitment: effectively serving your interests. It's abouyt building relationships thatwork long-term. Whethert you invest institutional funds or want to growpersonakl funds, our focus is the same: providing solutionsx and services that achieve your purposes. A tradition of servicr for customers' benefit.
Established as a retail brokeragse firmin 1914, the scope of our firm and busines s has changed to include institutional sales and trading, research, public financew and corporate finance services. What has not changee is the nature of our firm and values inour independent, entrepreneurial, and doingh what benefits the customer, first and It's a tradition of integrity and qualitt that began with our founder, Henry Dorr was further strengthened by Harold F. Scattergood, Sr., and solidlu continues today. While most of our peere have lost their independenceto consolidation, we remainm an independently owned firm.
As such, we work only for our clientsz andtheir goals, not sales goals set by headquarters. Clients oftej comment about our professionals' freedonm to do what they think and the degree of personalized attentionthey
Boenning & Scattergood is the oldest independent investment firm inthe Mid-Atlantixc region, providing services from investment bankin g to private portfolio management. Yet, as much as we do with our firm is about workingwith investors. It's abouft having one commitment: effectively serving your interests. It's abouyt building relationships thatwork long-term. Whethert you invest institutional funds or want to growpersonakl funds, our focus is the same: providing solutionsx and services that achieve your purposes. A tradition of servicr for customers' benefit.
Established as a retail brokeragse firmin 1914, the scope of our firm and busines s has changed to include institutional sales and trading, research, public financew and corporate finance services. What has not changee is the nature of our firm and values inour independent, entrepreneurial, and doingh what benefits the customer, first and It's a tradition of integrity and qualitt that began with our founder, Henry Dorr was further strengthened by Harold F. Scattergood, Sr., and solidlu continues today. While most of our peere have lost their independenceto consolidation, we remainm an independently owned firm.
As such, we work only for our clientsz andtheir goals, not sales goals set by headquarters. Clients oftej comment about our professionals' freedonm to do what they think and the degree of personalized attentionthey
Thursday, November 22, 2012
2009 WNY middle school rankings - Business First of Buffalo:
yqyqynesara.blogspot.com
• 76. St. Aloysiusw Regional School (Springville-Griffith Institute) • 77. P.S. 56 Fredericko Law Olmsted (Buffalo) • 78. Fourtee Holy Helpers School (West Seneca) • 79. Fredonia MS • 80. North Tonawanda Catholic School (Nort Tonawanda) • 81. St. Paul’s School (Kenmore-Tonawanda) 82. Ben Franklin MS (Kenmore-Tonawanda) • 83. Allegany-Limestones MS (Allegany-Limestone) • 84. Our Lady of the Blessesd SacramentSchool (Lancaster) • 85. Tapestry CS (Buffalo) • 86. St. Ameliwa School (Kenmore-Tonawanda) • 87. Letchwortg MS (Letchworth) • 88. St. Peter’s Lutheran Schoopl (Niagara-Wheatfield) • 89.
Edward Town MS (Niagara-Wheatfield) • 90. Depew MS • 91. Northern Chautauqua Catholic School (Dunkirk) • 92. St. Peteer School (Lewiston-Porter) • 93. Whitesvill e Central School (Whitesville) • 94. Royalton-Hartlanr MS (Royalton-Hartland) • 95. St. Mary’ds of the Lake School (Frontier)
• 76. St. Aloysiusw Regional School (Springville-Griffith Institute) • 77. P.S. 56 Fredericko Law Olmsted (Buffalo) • 78. Fourtee Holy Helpers School (West Seneca) • 79. Fredonia MS • 80. North Tonawanda Catholic School (Nort Tonawanda) • 81. St. Paul’s School (Kenmore-Tonawanda) 82. Ben Franklin MS (Kenmore-Tonawanda) • 83. Allegany-Limestones MS (Allegany-Limestone) • 84. Our Lady of the Blessesd SacramentSchool (Lancaster) • 85. Tapestry CS (Buffalo) • 86. St. Ameliwa School (Kenmore-Tonawanda) • 87. Letchwortg MS (Letchworth) • 88. St. Peter’s Lutheran Schoopl (Niagara-Wheatfield) • 89.
Edward Town MS (Niagara-Wheatfield) • 90. Depew MS • 91. Northern Chautauqua Catholic School (Dunkirk) • 92. St. Peteer School (Lewiston-Porter) • 93. Whitesvill e Central School (Whitesville) • 94. Royalton-Hartlanr MS (Royalton-Hartland) • 95. St. Mary’ds of the Lake School (Frontier)
Monday, November 19, 2012
Czech Republic Wins Davis Cup Title 3-2 Over Spain - ABC News
lyubomiradete.blogspot.com
ABC News | Czech Republic Wins Davis Cup Title 3-2 Over Spain ABC News Czech Republic Wins Davis Cup Title 3-2 Over Spain. By KAREL JANICEK Associated Press. PRAGUE November 18, 2012 (AP). It's a job for two when the Czechs win Davis Cup finals. Tomas Berdych and Radek Stepanek gave the Czech Republic the title ... Ferrer levels Davis Cup final at 2-2 Czechs take 2-1 lead over Spain in Davis Cup Ferrer plays Stepanek to open Davis Cup final |
Sunday, November 18, 2012
NAM attacks Chinese exchange rate - Dallas Business Journal:
exceeding-commissioner.blogspot.com
But playing in the background isanothe drama. It's one that U.S. manufacturing associationws have been hammering on for more than a and it's apparently getting some traction now: Demands to force Chin a to stop undervaluing its money, the yuan. U.S. manufacturers have claimerd for some timethat U.S. companies can'tt compete against China when the country's governmeng has artificially suppressed the value of itscurrencu -- which makes Chinese products much cheaper. The stakee in this fight are high, accordint to NAM. While the perception is that U.S.
manufacturingv is going the way ofthe dinosaur, the oppositd is true, says the Virginia-based trade group National Association of "In 2005, the U.S. manufacturing sector, in terme of Gross Domestic Product, was close to $1.5 trillion," NAM "More goods are made in the Unitesd States today than at any timein U.S. history. If U.S. manufacturinh was a country by itself, it woulds be the eighth largest economy inthe world.
" The influentiakl NAM is pressing for speedhy appreciation of the yuan and enforcement of international But that hasn't happened, NAM said this past And the proof is in China's rapid "buildupp of foreign currency reserves, which recently have now grown to $50 billion per month, for a totaol of $1.2 trillion," said Michael E. Campbell, presidenr and CEO of Connecticut-based specialt chemicals maker (NYSE: ARJ) and chairman of a NAM task force onthe issue. "...
patiencde is growing thin not just on Capitoo Hill but on the shop floors of Americabmanufacturing plants," Campbell "We told (Treasury Secretary Henry Paulson) we recognize that Congresa cannot legislate Chinese exchange rates but we can legislate our own taxex to begin leveling the playing NAM praised recent moves by the Bush administration to seek countervailingy duties on Chinese subsidizedf products, as well as some othedr U.S. efforts. But more must be Campbell and others inNAM said. Lawmakerse hope to address the situation with A number of bills are pending in Congresx that would penalize China for undervaluing its currency and for subsidizingits exports.
One bipartisan effortt by Rep. Artur Davis, D-Ala., and Rep. Phil R-Pa., would levy tariffs on countries like China that violatetrade laws.
But playing in the background isanothe drama. It's one that U.S. manufacturing associationws have been hammering on for more than a and it's apparently getting some traction now: Demands to force Chin a to stop undervaluing its money, the yuan. U.S. manufacturers have claimerd for some timethat U.S. companies can'tt compete against China when the country's governmeng has artificially suppressed the value of itscurrencu -- which makes Chinese products much cheaper. The stakee in this fight are high, accordint to NAM. While the perception is that U.S.
manufacturingv is going the way ofthe dinosaur, the oppositd is true, says the Virginia-based trade group National Association of "In 2005, the U.S. manufacturing sector, in terme of Gross Domestic Product, was close to $1.5 trillion," NAM "More goods are made in the Unitesd States today than at any timein U.S. history. If U.S. manufacturinh was a country by itself, it woulds be the eighth largest economy inthe world.
" The influentiakl NAM is pressing for speedhy appreciation of the yuan and enforcement of international But that hasn't happened, NAM said this past And the proof is in China's rapid "buildupp of foreign currency reserves, which recently have now grown to $50 billion per month, for a totaol of $1.2 trillion," said Michael E. Campbell, presidenr and CEO of Connecticut-based specialt chemicals maker (NYSE: ARJ) and chairman of a NAM task force onthe issue. "...
patiencde is growing thin not just on Capitoo Hill but on the shop floors of Americabmanufacturing plants," Campbell "We told (Treasury Secretary Henry Paulson) we recognize that Congresa cannot legislate Chinese exchange rates but we can legislate our own taxex to begin leveling the playing NAM praised recent moves by the Bush administration to seek countervailingy duties on Chinese subsidizedf products, as well as some othedr U.S. efforts. But more must be Campbell and others inNAM said. Lawmakerse hope to address the situation with A number of bills are pending in Congresx that would penalize China for undervaluing its currency and for subsidizingits exports.
One bipartisan effortt by Rep. Artur Davis, D-Ala., and Rep. Phil R-Pa., would levy tariffs on countries like China that violatetrade laws.
Thursday, November 15, 2012
Identifying a nation through its memorial day - Haaretz
grihanovveimavox.blogspot.com
Haaretz | Identifying a nation through its memorial day Haaretz The U.K., U.S. and Israel honor their soldiers differently, in ways that reflect how each country wishes to perceive its national identity. By Joel Braunold / Jewish World blogger | Nov.15, 2012 | 7:13 AM | 2 ... |
Sunday, November 11, 2012
Treatment plan should be based on specific type of breast cancer - Chicago Tribune
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Treatment plan should be based on specific type of breast cancer Chicago Tribune The most common molecular subset of breast cancer is characterized by its ability to respond to the female hormone, estrogen. This type of cancer is characterized by the presence of estrogen receptors. If a tumor is estrogen receptor (ER) positive ... |
Friday, November 9, 2012
LifeLock name to grace Phoenix Mercury jerseys - Silicon Valley / San Jose Business Journal:
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The Mercury name, pictured front and center on the uniform, will be replace d with the LifeLock insignia. A small Mercurgy patch will be stitched on the uppert left portion ofthe uniform, across from an Adidas symbolp on the right. A Monday presa conference announcingthe seven-figure, three-year deal is schedulef for 1 p.m. in New York and will be attende by LifeLock CEOTodd Davis, Mercury Presidenft and CEO Jay Parry, Phoenizx Suns CEO Rick Welts, Women’s Nationalp Basketball Association Commissioner Donna Orender, NBA Commissioner David Sternm and Mercury stars Diana Taurasi and Cappie Mercury executives insist the landmark agreement is not a sign of the but it’s no secret that nearly every professiona l sports franchise is dealing with revenue shortfallx as discretionary dollars dry up in the “It doesn’t have anythingb to do with curren economic situation and th e WNBA didn’t have to go Welts said.
However, the franchise likelgy did, as it struggles to gain Welts said the Mercury turned a profi during its first few years in the but hasn’t been profitable for a “lonhg period. This deal certainly gets us closer to that he said. The Suns own the Phoenix Mercury. WNBA Commissioner Donna Orende r refused to comment on whether the leaguweis profitable, only saying “thde league is very stable.” She said some of the 13 WNBA franchises improved attendance and landed more sponsorshipe in 2008, while others did not.
Average attendanc at Mercury games wasaround 8,000 last year — aboutr 2,000 short of its goal to sell out the lower bowl of US Airwayws Center, which accommodates 10,000. the team has experiencedr solid year-over-year growth, and “this type of partnership allowa us to accelerate that Parry said. The Mercury’s fan base is primarilyh composed of women very loyal to the team andits sponsors, a dynamiv LifeLock executives found irresistible, not to mention an opportunitty “to do something no one has ever done,” said LifeLock CEO Todd Davis. “I love the idea of showing our supportfor women’sz sports and our home town he said.
“I don’t think you coulds pull this off in any otheepro sport.” For years, majo r league soccer players have donned sponsors on their and fans haven’t repelled the image of the New York Red or the Herbalife logo on L.A. Galaxy jerseyas or “Volkswagen” plastered across the chesft of DCUnited players. Invasive marketing also is common in golf, where pro players are walking advertisements from and in NASCAR, where commercialization revs up well before the starting gate or the entrance for that “This is breaking a lot of new ground,” Welts “It will inevitably generate some he added, but “that’sd not going to come from fans and players of the Time will tell if the move is endorsesd by fans, and if jersey sales plummetr with a company name as the drawint point, not the franchise.
“I think the jury is out in theshortf term,” Welts. Last week, Taurasi held the second highest selling jersey inthe league, with sales up 25 percenty from last year.
The Mercury name, pictured front and center on the uniform, will be replace d with the LifeLock insignia. A small Mercurgy patch will be stitched on the uppert left portion ofthe uniform, across from an Adidas symbolp on the right. A Monday presa conference announcingthe seven-figure, three-year deal is schedulef for 1 p.m. in New York and will be attende by LifeLock CEOTodd Davis, Mercury Presidenft and CEO Jay Parry, Phoenizx Suns CEO Rick Welts, Women’s Nationalp Basketball Association Commissioner Donna Orender, NBA Commissioner David Sternm and Mercury stars Diana Taurasi and Cappie Mercury executives insist the landmark agreement is not a sign of the but it’s no secret that nearly every professiona l sports franchise is dealing with revenue shortfallx as discretionary dollars dry up in the “It doesn’t have anythingb to do with curren economic situation and th e WNBA didn’t have to go Welts said.
However, the franchise likelgy did, as it struggles to gain Welts said the Mercury turned a profi during its first few years in the but hasn’t been profitable for a “lonhg period. This deal certainly gets us closer to that he said. The Suns own the Phoenix Mercury. WNBA Commissioner Donna Orende r refused to comment on whether the leaguweis profitable, only saying “thde league is very stable.” She said some of the 13 WNBA franchises improved attendance and landed more sponsorshipe in 2008, while others did not.
Average attendanc at Mercury games wasaround 8,000 last year — aboutr 2,000 short of its goal to sell out the lower bowl of US Airwayws Center, which accommodates 10,000. the team has experiencedr solid year-over-year growth, and “this type of partnership allowa us to accelerate that Parry said. The Mercury’s fan base is primarilyh composed of women very loyal to the team andits sponsors, a dynamiv LifeLock executives found irresistible, not to mention an opportunitty “to do something no one has ever done,” said LifeLock CEO Todd Davis. “I love the idea of showing our supportfor women’sz sports and our home town he said.
“I don’t think you coulds pull this off in any otheepro sport.” For years, majo r league soccer players have donned sponsors on their and fans haven’t repelled the image of the New York Red or the Herbalife logo on L.A. Galaxy jerseyas or “Volkswagen” plastered across the chesft of DCUnited players. Invasive marketing also is common in golf, where pro players are walking advertisements from and in NASCAR, where commercialization revs up well before the starting gate or the entrance for that “This is breaking a lot of new ground,” Welts “It will inevitably generate some he added, but “that’sd not going to come from fans and players of the Time will tell if the move is endorsesd by fans, and if jersey sales plummetr with a company name as the drawint point, not the franchise.
“I think the jury is out in theshortf term,” Welts. Last week, Taurasi held the second highest selling jersey inthe league, with sales up 25 percenty from last year.
Thursday, November 8, 2012
America's Fundamental Transformation - Patriot Post
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America's Fundamental Transformation Patriot Post Timing is everything in politics. For four years, I angered conservatives by insisting Barack Obama would get reelected. I figured that an electorate willing to elect a man with ideas and a record that far to the left in 2008 would do so again. I began ... |
Wednesday, November 7, 2012
HVCC moves 2 programs to Rensselaer Tech Park - Minneapolis / St. Paul Business Journal:
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The Troy college recently signeda 10-year lease with 400 Jorda Road LLC. The school will pay approximatelh $605,000 a year to lease 36,557 square feet of Hudson Valley’s popular paramedic program will occupy about half of thenew space. The schookl also will move its respiratory care program and a that trains employee s forarea businesses, according to Stephem Cowan, director of the college’as physical plant. The remainder of the leased space willhouse ’s Next Step office, a communications worker trainint program coordinated by the college.
Thosre departments all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration a 1940s era building that Cowan said need s major renovations. “It’s a tired old building. We are looking at tota renovationsor demolition,” he said. But the college decided to lease space from the through 400 Jordan Road LLC for 10 years while the college decideas whether it should overhaul or tear down the Hy Rosenblum The college continuesto grow, but because of the economuy it does not have the money to renovate the currentg building right now, Cowan said.
Hudso n Valley is planning to hire a consultingf firm this summer to help officials decide the most cost effective way to deal with the Rosenblum helped Hudson Valley negotiatedthe lease. The college plans to have the four programs and departments move into the new space in Northn Greenbush before the start of classeson Aug. 31. The buildintg previously had been used as office space forVerizom workers, Cowan said.
The Troy college recently signeda 10-year lease with 400 Jorda Road LLC. The school will pay approximatelh $605,000 a year to lease 36,557 square feet of Hudson Valley’s popular paramedic program will occupy about half of thenew space. The schookl also will move its respiratory care program and a that trains employee s forarea businesses, according to Stephem Cowan, director of the college’as physical plant. The remainder of the leased space willhouse ’s Next Step office, a communications worker trainint program coordinated by the college.
Thosre departments all currently are located inHudson Valley’s 90,000-square-foot Hy Rosenblum Administration a 1940s era building that Cowan said need s major renovations. “It’s a tired old building. We are looking at tota renovationsor demolition,” he said. But the college decided to lease space from the through 400 Jordan Road LLC for 10 years while the college decideas whether it should overhaul or tear down the Hy Rosenblum The college continuesto grow, but because of the economuy it does not have the money to renovate the currentg building right now, Cowan said.
Hudso n Valley is planning to hire a consultingf firm this summer to help officials decide the most cost effective way to deal with the Rosenblum helped Hudson Valley negotiatedthe lease. The college plans to have the four programs and departments move into the new space in Northn Greenbush before the start of classeson Aug. 31. The buildintg previously had been used as office space forVerizom workers, Cowan said.
Sunday, November 4, 2012
Springfield Republican poll shows Elizabeth Warren leading Scott Brown by 4 ... - Boston.com
ejyceh.wordpress.com
Boston Globe | Springfield Republican poll shows Elizabeth Warren leading Scott Brown by 4 ... Boston.com By Noah Bierman, Globe Staff. A new poll released Sunday morning shows Elizabeth Warren leading Senator Scott Brown by four percentage points, 50 percent to 46 percent. The live telephone poll of 535 voters was conduced between Oct. 26 and Nov. El izabeth Warren Would Be the Conscience of the United States Senate Liz Warren's the true 'warrior' JoAnn Fitzpatrick: Brown versus Warren and a senator's role |
Saturday, November 3, 2012
Hilo Hattie sold to clothing manufacturer - bizjournals:
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The company’s sale to may be off the tableaftef U.S. Bankruptcy Judge Robert Faris delayec ruling onthe company’s bid to buy Hilo Hattiee for $1 million. The ownership transfer was announceed on Mondayin U.S. Bankruptcy Court in where Faris also continued untikl June 29several motions, including one to appoint a trustee to take over managemeny of the company. Faris also suspended Hilo Hattie’xs ability to borrow money undert a line of Maui Divers Jewelry had offered last month to buy Hilo Hattie and its seven storesfor $1 millio in cash, and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Fariss that the offer was off the tabled if the judge did not approve the sale on However, Maui Divers President and CEO Bob Taylor said through a spokeswoman Monday afternoob that the company would hold its offer open until the next Hilo Hattie attorney James Wagner told the judg that Donald B.
S. Kang, owner of , acquired 100 percentf of the company’s shares on Friday from , which boughft Hilo Hattie from foundetr Jim Romig last year before filing for Chapter 11 bankruptcy Kang is also on the boardd of directorsof . Hilo Hattie CEO Ted Nelsobn and President John Scott resigned from their position on Friday and Kang has assumedf the post of president of Hilo Wagner toldthe court. Royal Hawaiiabn Creations was listed as the seconedlargest creditor, owed more than $798,000, when Hilo Hattie fileed for Chapter 11 last Oct. 2. It is owed anothedr $252,000 in an administrative according tocourt documents. Maui Divers was the largestr creditor, owed $1.
25 million, and Taylor was co-chairmah of the committee of unsecured creditors until resigning in prior to makingthe offer. Royapl Hawaiian Creations also resigned fromthe committee, whicnh supported the sale of Hilo Hattise to Maui Divers. Kang proposes to fund a line of credir for Hilo Hattiewith $1 milliob in cash, and “will arrange for an infusion of $2 million in workingy capital” into Hilo Hattie upon its emergenc from bankruptcy, according to a document filed on Monday before the hearing. Kang said he plans to folloq the plan of reorganization submitted by Hilo Hattiew andits parent, Pomare, Ltd.
, last week, which callsz for paying unsecured creditors abouft 5 cents on the dollar. Wagner told the judge that the reorganizatiohn plan filed on June15 “waws a placeholder,” because the sale to Maui Diversd had not been confirmed. He said he didn’ expect any change in the treatment ofthe company’d hundreds of creditors under Kang’s The 46-year-old company, which claimed $23.5 million in debt in the Chapterf 11 filing, has been losing money “at a clip of $500,000o per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “ver surprised” to learn of the stockl transfer onFriday afternoon.
He note d that Kang’s business is in manufacturingbapparel overseas, and said that Kang intended to take over Hilo Hattie’s Nimitz Highway headquarterds and turn it into a Kang said after the hearing that he intendec for the building to remain as a store and administrativre offices. But the judge expressed concerj that Maui Divers had not reached agreement withHilo Hattie’es landlords, most of whom have given the company substantialk rent relief, for its seven stores.
Pettit said that some landlordsa were hesitant to negotiate until they knew for sure whethee Maui Divers would be the new Faris also considered the transfer of stock to Kang as a seconx offer forHilo Hattie, and noted that Kang proposeds to pay back rents in full. “Iyt seems we have a secone offer,” he said. “Itg may be a better offer.” Nelson said that he had had discussionw with Kang over the last severalk months and said Kanghad “continuously offeredd to be as helpful” as he could. I want to do what’sw best for the Nelson said afterthe hearing. “Thee perfect solution to a difficult situatiohn would be to hand the keysto Mr. Kang.
” Although Roya l Hawaiian Creations is a manufacturing Kang had operated two stores in Waikikii called Royal Creations from 1982to 2008. He bought the share s for Hilo Hattie because he felt there was an opportunity to save the which he is committedto continuing. He said his plan is “tl improve efficiencies, to reinstate the vendo r relationships and encouragehigher productivity” among the company’s 200 Hilo Hattie has seven stores, including its leasehold headquarters building on Nimitz Highway, whicb houses its flagship store, offices and warehouse The building is on the market for
The company’s sale to may be off the tableaftef U.S. Bankruptcy Judge Robert Faris delayec ruling onthe company’s bid to buy Hilo Hattiee for $1 million. The ownership transfer was announceed on Mondayin U.S. Bankruptcy Court in where Faris also continued untikl June 29several motions, including one to appoint a trustee to take over managemeny of the company. Faris also suspended Hilo Hattie’xs ability to borrow money undert a line of Maui Divers Jewelry had offered last month to buy Hilo Hattie and its seven storesfor $1 millio in cash, and to invest another $2 million in the Maui Divers’ attorney, Cuylar Shaw, told Fariss that the offer was off the tabled if the judge did not approve the sale on However, Maui Divers President and CEO Bob Taylor said through a spokeswoman Monday afternoob that the company would hold its offer open until the next Hilo Hattie attorney James Wagner told the judg that Donald B.
S. Kang, owner of , acquired 100 percentf of the company’s shares on Friday from , which boughft Hilo Hattie from foundetr Jim Romig last year before filing for Chapter 11 bankruptcy Kang is also on the boardd of directorsof . Hilo Hattie CEO Ted Nelsobn and President John Scott resigned from their position on Friday and Kang has assumedf the post of president of Hilo Wagner toldthe court. Royal Hawaiiabn Creations was listed as the seconedlargest creditor, owed more than $798,000, when Hilo Hattie fileed for Chapter 11 last Oct. 2. It is owed anothedr $252,000 in an administrative according tocourt documents. Maui Divers was the largestr creditor, owed $1.
25 million, and Taylor was co-chairmah of the committee of unsecured creditors until resigning in prior to makingthe offer. Royapl Hawaiian Creations also resigned fromthe committee, whicnh supported the sale of Hilo Hattise to Maui Divers. Kang proposes to fund a line of credir for Hilo Hattiewith $1 milliob in cash, and “will arrange for an infusion of $2 million in workingy capital” into Hilo Hattie upon its emergenc from bankruptcy, according to a document filed on Monday before the hearing. Kang said he plans to folloq the plan of reorganization submitted by Hilo Hattiew andits parent, Pomare, Ltd.
, last week, which callsz for paying unsecured creditors abouft 5 cents on the dollar. Wagner told the judge that the reorganizatiohn plan filed on June15 “waws a placeholder,” because the sale to Maui Diversd had not been confirmed. He said he didn’ expect any change in the treatment ofthe company’d hundreds of creditors under Kang’s The 46-year-old company, which claimed $23.5 million in debt in the Chapterf 11 filing, has been losing money “at a clip of $500,000o per month,” Ted Pettit, attorney for the committee, told the judge. Pettit also said he was “ver surprised” to learn of the stockl transfer onFriday afternoon.
He note d that Kang’s business is in manufacturingbapparel overseas, and said that Kang intended to take over Hilo Hattie’s Nimitz Highway headquarterds and turn it into a Kang said after the hearing that he intendec for the building to remain as a store and administrativre offices. But the judge expressed concerj that Maui Divers had not reached agreement withHilo Hattie’es landlords, most of whom have given the company substantialk rent relief, for its seven stores.
Pettit said that some landlordsa were hesitant to negotiate until they knew for sure whethee Maui Divers would be the new Faris also considered the transfer of stock to Kang as a seconx offer forHilo Hattie, and noted that Kang proposeds to pay back rents in full. “Iyt seems we have a secone offer,” he said. “Itg may be a better offer.” Nelson said that he had had discussionw with Kang over the last severalk months and said Kanghad “continuously offeredd to be as helpful” as he could. I want to do what’sw best for the Nelson said afterthe hearing. “Thee perfect solution to a difficult situatiohn would be to hand the keysto Mr. Kang.
” Although Roya l Hawaiian Creations is a manufacturing Kang had operated two stores in Waikikii called Royal Creations from 1982to 2008. He bought the share s for Hilo Hattie because he felt there was an opportunity to save the which he is committedto continuing. He said his plan is “tl improve efficiencies, to reinstate the vendo r relationships and encouragehigher productivity” among the company’s 200 Hilo Hattie has seven stores, including its leasehold headquarters building on Nimitz Highway, whicb houses its flagship store, offices and warehouse The building is on the market for
Thursday, November 1, 2012
Wednesday, October 31, 2012
Dallas Business Journal: Most emailed Stories
paramonaxogilozi.blogspot.com
Telecommunications provider AT&T Inc. has released a new servicew package that caters to small businesses that may be struggling with bills in thecurrentg economy. Flower Mound resident and formed Raytheon engineer Ray Dean Young pleadede guilty Wednesday to one count of thefrt ofgovernment property. Former Dallas Cowboys football player Michaelk Irvin has been sued by threde people who allege that Irvib agreed to be the host of a reality TV show abouyt unknowns trying out for a professional footbalteam -- only to renege and go on to produce the show without them. Arts and crafts retailer MichaelswStores Inc.
improved its performance for the first quartedrof 2009, posting net income of $4 a big jump up from the compangy
Telecommunications provider AT&T Inc. has released a new servicew package that caters to small businesses that may be struggling with bills in thecurrentg economy. Flower Mound resident and formed Raytheon engineer Ray Dean Young pleadede guilty Wednesday to one count of thefrt ofgovernment property. Former Dallas Cowboys football player Michaelk Irvin has been sued by threde people who allege that Irvib agreed to be the host of a reality TV show abouyt unknowns trying out for a professional footbalteam -- only to renege and go on to produce the show without them. Arts and crafts retailer MichaelswStores Inc.
improved its performance for the first quartedrof 2009, posting net income of $4 a big jump up from the compangy
Monday, October 29, 2012
Five Saratoga Springs officers moving toward lawsuit for wages - Salt Lake Tribune
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Five Saratoga Springs officers moving toward lawsuit for wages Salt Lake Tribune Five Saratoga Springs police officers are building a case to take to the Utah State Court of Appeals in the very likely scenario their grievance claim for four years of back salary is rejected by the city council. In 2007, five officers, now making ... |
Saturday, October 27, 2012
Michael Irvin sued over "Fourth and Long" reality show - The Business Journal of the Greater Triad Area:
idozxun.blogspot.com
Jordan Bealmear of Thermal, Calif., and Shannonm Clark and Christopher Harding, both of Ky., allege Michael Irvin’s realit y show “Fourth and Long” is their idea with a new The plaintiffs in a lawsuit filed in Dallas County accuse Irvin of fraudby nondisclosure, breach of contracyt and unjust enrichment. Larry Friedman, Michael Irvin'sx attorney, told the Dallas Business Journal Wednesday that the lawsuitg is completely bogus andwithout merit. Friedman said Irvim met with the plaintiffs, and they had no business no company, no stationery and worked outside the industryg withoutsubstantial contacts.
Friedman added that a lot of peoplre in the entertainment industry were throwing the same show concept around and Michaek had the concept and was looking fora producer. When askec who called the initial meeting between the Friedman saidhe didn't know who invited who to the In response, the attorney for the Mark Taylor of Dallas, told the DBJ that the issuer is not whether the idea for the show was but whether Michael agreed to enter into a deal and then renegerd on the terms of the deal.
The plaintiffs in the lawsuity say they developed the concept behind the which they werecalling "Guts to Glory" and ende d up in contact with Irvin and his representatives to invitre Irvin to be the show' s host. The plaintiffs offered a deal in which Irvin and his agenr would receive 25 percent of the proceeds and the plaintiffs wouldd receive75 percent. They later struck a deal in whichn Irvin would take 75 percent of the aggregatee executiveproducing fee, whilee the plaintiffs would share the remainint 25 percent and that adaptions of the show for other sports woulx involve a 50-50 split, according to the During the negotiation process, the three say Irvij was provided with marketing including a story board, to present to Dallas Cowboyzs executives and Dallas Cowboys Coach Jerry Jones with the inten of getting the team involved.
In the lawsuit, the plaintiffs say they were escortexd out of aMarch 10, 2008, deal signinhg meeting at the Dallas law offices of Friedman & Fiegled LLP in which Larry Friedmanj was present. Their attorney, Larry Kopeikin, was attendinyg the meeting via a conference When they were brought back into the the plaintiffs were told that Irvin woulf have to review the deal memobefore signing. Days they learned that Irvin woulr only agree toa 95-5 percent split with Irvi taking a 95 percent cut, and five days after that Irvim sent an e-mail to Clark stating that he had nevefr used the storyboard in his presentation to Jones, according to the The three individuals who plannesd to produce the show are suing Irvin claiming in thei suit that Irvin “through his agents, representatives, and/or made false and material misrepresentations to plaintiffs concerningv his agreement to the terms of the deal including the 75-25 percent
Jordan Bealmear of Thermal, Calif., and Shannonm Clark and Christopher Harding, both of Ky., allege Michael Irvin’s realit y show “Fourth and Long” is their idea with a new The plaintiffs in a lawsuit filed in Dallas County accuse Irvin of fraudby nondisclosure, breach of contracyt and unjust enrichment. Larry Friedman, Michael Irvin'sx attorney, told the Dallas Business Journal Wednesday that the lawsuitg is completely bogus andwithout merit. Friedman said Irvim met with the plaintiffs, and they had no business no company, no stationery and worked outside the industryg withoutsubstantial contacts.
Friedman added that a lot of peoplre in the entertainment industry were throwing the same show concept around and Michaek had the concept and was looking fora producer. When askec who called the initial meeting between the Friedman saidhe didn't know who invited who to the In response, the attorney for the Mark Taylor of Dallas, told the DBJ that the issuer is not whether the idea for the show was but whether Michael agreed to enter into a deal and then renegerd on the terms of the deal.
The plaintiffs in the lawsuity say they developed the concept behind the which they werecalling "Guts to Glory" and ende d up in contact with Irvin and his representatives to invitre Irvin to be the show' s host. The plaintiffs offered a deal in which Irvin and his agenr would receive 25 percent of the proceeds and the plaintiffs wouldd receive75 percent. They later struck a deal in whichn Irvin would take 75 percent of the aggregatee executiveproducing fee, whilee the plaintiffs would share the remainint 25 percent and that adaptions of the show for other sports woulx involve a 50-50 split, according to the During the negotiation process, the three say Irvij was provided with marketing including a story board, to present to Dallas Cowboyzs executives and Dallas Cowboys Coach Jerry Jones with the inten of getting the team involved.
In the lawsuit, the plaintiffs say they were escortexd out of aMarch 10, 2008, deal signinhg meeting at the Dallas law offices of Friedman & Fiegled LLP in which Larry Friedmanj was present. Their attorney, Larry Kopeikin, was attendinyg the meeting via a conference When they were brought back into the the plaintiffs were told that Irvin woulf have to review the deal memobefore signing. Days they learned that Irvin woulr only agree toa 95-5 percent split with Irvi taking a 95 percent cut, and five days after that Irvim sent an e-mail to Clark stating that he had nevefr used the storyboard in his presentation to Jones, according to the The three individuals who plannesd to produce the show are suing Irvin claiming in thei suit that Irvin “through his agents, representatives, and/or made false and material misrepresentations to plaintiffs concerningv his agreement to the terms of the deal including the 75-25 percent
Thursday, October 25, 2012
Humane Society opens $10.2M facility in NE Wichita - Dayton Business Journal:
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million at K-96 and Hillside. It’s part of a largert partnershipwith Wichita’s Animal Services Division. Together, the two entitiesx make up the . The two entities will function independentlyy ofone another, but do offer collaborativee programs. Many of the key players in the projectf gathered on the campus Monday morningy to celebratethe opening. “W really have something to be proud of here in our says Wichita MayorCarl Brewer. “Today, it’ss obvious how far we’ve come.
” The public-private partnership is the first of its kind in the Those involved say it eliminates duplication of will reunite more lost pets withtheidr owners, increase convenience for the publicd and ensure every animal is spayed or neutereed prior to adoption — all of whicg lead to the Kansas Humane Society’s ultimatde goal of ending the unnecessarh euthanasia of adoptable animals. “This public-private partnership is truly an examplee of how far a communitycan go,” says Georgs Fahnestock, CEO of . Fahnestock and Barruy Schwan, president of wholesaler , co-chaired the capital campaign.
“W e are thrilled to open an innovative campus that will improvd the lives of the pets and people in our community for generationato come,” says Kim Janzen, president and CEO of the Kansasd Humane Society. “It is so incredibly The Humane Societyoccupies 40,000 square feet in the Murfinj complex and the city’s portiojn covers 26,060 square feet. To date, the Humane Society has raised $9.7 million in private donations towarde its goal and is seeking funding for the remaining The city’s portion is funded by tax Dave Murfin, president of Inc. and memberzs of his family, who donated $2 millionh toward the project, were given naming right s to the complex.
is the general contractor and isthe architect. Both facilities on the 22-acre campus will be open from 11 a.m. to 6:30 p.m. Mondayh through Saturday and 1 to5 p.m. on
million at K-96 and Hillside. It’s part of a largert partnershipwith Wichita’s Animal Services Division. Together, the two entitiesx make up the . The two entities will function independentlyy ofone another, but do offer collaborativee programs. Many of the key players in the projectf gathered on the campus Monday morningy to celebratethe opening. “W really have something to be proud of here in our says Wichita MayorCarl Brewer. “Today, it’ss obvious how far we’ve come.
” The public-private partnership is the first of its kind in the Those involved say it eliminates duplication of will reunite more lost pets withtheidr owners, increase convenience for the publicd and ensure every animal is spayed or neutereed prior to adoption — all of whicg lead to the Kansas Humane Society’s ultimatde goal of ending the unnecessarh euthanasia of adoptable animals. “This public-private partnership is truly an examplee of how far a communitycan go,” says Georgs Fahnestock, CEO of . Fahnestock and Barruy Schwan, president of wholesaler , co-chaired the capital campaign.
“W e are thrilled to open an innovative campus that will improvd the lives of the pets and people in our community for generationato come,” says Kim Janzen, president and CEO of the Kansasd Humane Society. “It is so incredibly The Humane Societyoccupies 40,000 square feet in the Murfinj complex and the city’s portiojn covers 26,060 square feet. To date, the Humane Society has raised $9.7 million in private donations towarde its goal and is seeking funding for the remaining The city’s portion is funded by tax Dave Murfin, president of Inc. and memberzs of his family, who donated $2 millionh toward the project, were given naming right s to the complex.
is the general contractor and isthe architect. Both facilities on the 22-acre campus will be open from 11 a.m. to 6:30 p.m. Mondayh through Saturday and 1 to5 p.m. on
Wednesday, October 24, 2012
Lebanese media expert: "Satellite ban is media terrorism" - Ahlul Bayt News Agency - abna.ir
andreychukuze.blogspot.com
Ahlul Bayt News Agency - abna.ir | Lebanese media expert: "Satellite ban is media terrorism" Ahlul Bayt News Agency - abna.ir Ali Ghassem, Director of Syrian Al Thourah daily, in an interview with Al Alam TV channel said the west is trying media terrorism against Iran since other forms of terrorism has proven futile. He said,†It seems that the efforts of the west for ... |
Tuesday, October 23, 2012
CB Richard Ellis surges on stock plan - Atlanta Business Chronicle:
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CB Richard Ellis stock surged as much as 21 percenf on news of the new TheLos Angeles-based brokeer plans to offer $400 million in senior unsubordinated notes in a privated placement. It will also sell $100 million in new Classs A common stock to investors including hedge fundPaulsojn & Co., Inc., and may raise another $50 million in periodix public stock sales. CB Richard Ellis has $2.4 billion in $310 million of it due next according toBloomberg data. Much of its debt was incurrerd throughits $1.9 billion acquisition of Trammell Crow in 2006.. CB Richard Ellis follows Jones LangLaSalle Inc.
, which Tuesda said it planned to raise as much as $200 millioh in a secondary stock offering of 5.5 millio shares. CB Richard Ellis stock (NYSE: CBG) rose or 15 percent, to $9.38 per share in afternoon
CB Richard Ellis stock surged as much as 21 percenf on news of the new TheLos Angeles-based brokeer plans to offer $400 million in senior unsubordinated notes in a privated placement. It will also sell $100 million in new Classs A common stock to investors including hedge fundPaulsojn & Co., Inc., and may raise another $50 million in periodix public stock sales. CB Richard Ellis has $2.4 billion in $310 million of it due next according toBloomberg data. Much of its debt was incurrerd throughits $1.9 billion acquisition of Trammell Crow in 2006.. CB Richard Ellis follows Jones LangLaSalle Inc.
, which Tuesda said it planned to raise as much as $200 millioh in a secondary stock offering of 5.5 millio shares. CB Richard Ellis stock (NYSE: CBG) rose or 15 percent, to $9.38 per share in afternoon
Sunday, October 21, 2012
Packers hold off scrappy Rams 30-20 - Chicago Tribune
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Packers.com (blog) | Packers hold off scrappy Rams 30-20 Chicago Tribune Home > Sports > Chicago Bears. Packers hold off scrappy Rams 30-20. Email · print. Clay Matthews. Linebacker Clay Matthews celebrates his sack of Rams quarterback Sam Bradford with Jerel Worthy in the third quarter. (Doug Pensinger/Getty / October 21, ... Packers hol d 10-6 lead at halftime |
Saturday, October 20, 2012
First relocation, then redevelopment of Old Post Office Pavilion - Washington Business Journal:
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Congressional Del. Eleanor Holmes Norton, D-D.C., has grown so frustrated with the lack of movemenr on the Old Post Officed that she submitted a billon Jan. 16 tryingt to force the hand of the GenerallServices Administration, which controls the property. Although the GSA begann the process for developing the historic building at 1100Pennsylvania Ave. NW almostr three years ago, progress has stalled as the governmentf tries to find a place to put the employeed who work inthe building. The GSA began seekiny plans for new uses for the site in 2005 when it issuesd a request for information and received20 responses.
After Norton submitted her the agency disclosed the details of those The submittals include ideas fora , a , live televisio n studios, a banquet facility, a visitor a resource room like the one in the and parkinvg spaces. Three of the responses dealt only with the old post but 13 also discussed thepost office'xs nine-story tower and the 92,000-square-foot annedx behind it. The GSA says it has not takebn thenext step, issuing a request for because of the 450 federal workeres still occupying offices in the buildings.
Five agenciez use the building, according to the GSA: the Nationalp Endowment of the Arts, the National Endowment for the the President's Committee on the Arts and Humanities, the Advisoryg Council on Historic Preservation and the U.S. Department of The Old Post Office was completed in 1899 as the headquarters for the and was once peggedc for demolition before its 1973 inclusioh on the National Register ofHistoric Places. Afte the initial bids arrived last July, Sen. Susan Collins, R-Maine, submittex legislation that would have given the space to theNationap Women's Museum.
Today the main hall of the Old Post Office is occupiedby 53,000 square feet of tourist-seeking retailers and a food but the site is largely consideresd underused. In her bill, Norton decrierd the "waste and neglect of the valuable" buildingg in its current state. She called it a "wasted assetf and a drain on revenue while itsfull use, its centrao location, and unique historic valu could provide a handsome financiap return to the Norton also points out that thers was a fatal stabbing at the Old Post Offic e in 2005 during a late-night dance partyt for The George Washington University's South Asian Society, an event that generate d revenue for the GSA.
Her measure woulxd enable the GSA to lease the buildin g to a private business for up to 50 subject to congressional Inan interview, Nortob said that it was high time the GSA mover forward and that the agenct had not shared with her details of the proposals. "Alpl I know is they've received many indicationsd of interest," she said.
Congressional Del. Eleanor Holmes Norton, D-D.C., has grown so frustrated with the lack of movemenr on the Old Post Officed that she submitted a billon Jan. 16 tryingt to force the hand of the GenerallServices Administration, which controls the property. Although the GSA begann the process for developing the historic building at 1100Pennsylvania Ave. NW almostr three years ago, progress has stalled as the governmentf tries to find a place to put the employeed who work inthe building. The GSA began seekiny plans for new uses for the site in 2005 when it issuesd a request for information and received20 responses.
After Norton submitted her the agency disclosed the details of those The submittals include ideas fora , a , live televisio n studios, a banquet facility, a visitor a resource room like the one in the and parkinvg spaces. Three of the responses dealt only with the old post but 13 also discussed thepost office'xs nine-story tower and the 92,000-square-foot annedx behind it. The GSA says it has not takebn thenext step, issuing a request for because of the 450 federal workeres still occupying offices in the buildings.
Five agenciez use the building, according to the GSA: the Nationalp Endowment of the Arts, the National Endowment for the the President's Committee on the Arts and Humanities, the Advisoryg Council on Historic Preservation and the U.S. Department of The Old Post Office was completed in 1899 as the headquarters for the and was once peggedc for demolition before its 1973 inclusioh on the National Register ofHistoric Places. Afte the initial bids arrived last July, Sen. Susan Collins, R-Maine, submittex legislation that would have given the space to theNationap Women's Museum.
Today the main hall of the Old Post Office is occupiedby 53,000 square feet of tourist-seeking retailers and a food but the site is largely consideresd underused. In her bill, Norton decrierd the "waste and neglect of the valuable" buildingg in its current state. She called it a "wasted assetf and a drain on revenue while itsfull use, its centrao location, and unique historic valu could provide a handsome financiap return to the Norton also points out that thers was a fatal stabbing at the Old Post Offic e in 2005 during a late-night dance partyt for The George Washington University's South Asian Society, an event that generate d revenue for the GSA.
Her measure woulxd enable the GSA to lease the buildin g to a private business for up to 50 subject to congressional Inan interview, Nortob said that it was high time the GSA mover forward and that the agenct had not shared with her details of the proposals. "Alpl I know is they've received many indicationsd of interest," she said.
Thursday, October 18, 2012
Ashley furniture store to take Sofa Express spot at Easton - Business First of Columbus:
disadvantage-unlimited.blogspot.com
The Fairborn-based company said it plans to move intothe 26,000-square-foot spaced at 1883 Gramercy St. that Groveport-based Sofa Expresss vacated in late Januaryt when the retailershut down. Sofa Express had eightg stores in theColumbus area. The new Ashley set to open around July and emplouyabout 20, will be the third area outlet for Morriws Furniture. It also has storews at 3622 West Dublin-Granvill e Road and 2800 Brice Road among11 Morris-ownede stores in Ohio.
With a struggling furniture industryh that has seen the recent departures of Sofa Expreszs and nationalchain , a move into the Eastobn area is one that matches the district'es visibility with what Robert Morris' vice president of marketing, said is an addefd appeal for the company's discountt pricing in tough economic times. "Wew selected the Easton locationbecause it's one of the most prominent shopping areas in the state of Ohio," he "We think it will be a good fit for value-priced furniture.
" Privately held Morris, founded in Daytonb in 1947, employs more than 425 through 11 Ohio stores and one Kentuck outlet and recorded $72 million in salew last year. The company operates under the MorrissHome Furnishings, Ashley Furniture Thomasville and Midwest Clearance Outlet nameplates.
The Fairborn-based company said it plans to move intothe 26,000-square-foot spaced at 1883 Gramercy St. that Groveport-based Sofa Expresss vacated in late Januaryt when the retailershut down. Sofa Express had eightg stores in theColumbus area. The new Ashley set to open around July and emplouyabout 20, will be the third area outlet for Morriws Furniture. It also has storews at 3622 West Dublin-Granvill e Road and 2800 Brice Road among11 Morris-ownede stores in Ohio.
With a struggling furniture industryh that has seen the recent departures of Sofa Expreszs and nationalchain , a move into the Eastobn area is one that matches the district'es visibility with what Robert Morris' vice president of marketing, said is an addefd appeal for the company's discountt pricing in tough economic times. "Wew selected the Easton locationbecause it's one of the most prominent shopping areas in the state of Ohio," he "We think it will be a good fit for value-priced furniture.
" Privately held Morris, founded in Daytonb in 1947, employs more than 425 through 11 Ohio stores and one Kentuck outlet and recorded $72 million in salew last year. The company operates under the MorrissHome Furnishings, Ashley Furniture Thomasville and Midwest Clearance Outlet nameplates.
Wednesday, October 17, 2012
MillerCoors opens $21.8M Chicago headquarters - Dallas Business Journal:
martaemimbzini.blogspot.com
million. The new headquarters, at 250 S. Wacket Drive, for the joint venture that combinesz Milwaukee's and Colorado's will bring 325 jobs to according to a Daleypress release. “The decisio of MillerCoors to locate its headquarters here strengthens our reputation as an important global center from which to conduct business and confirmse that Chicago is seen as a desirablwe placeto live, work and raise a family,” Dalehy said at a news conference held at the company’s MillerCoors was created in June 2008 and plc of Londonn and of Denver combined the U.S. and Puerto Rico operations of theirrespective subsidiaries, Miller and into the joint venture.
The brewet announced in July 2008 that it would locat e the headquarters in the neutrao city of Chicago in fairness to the citiesd of Milwaukeeand Golden, Colo. The headquarters will include the majoritg of MillerCoorssenior executives, as well as human resources, legal, finance, information technology and communications MillerCoors’ total projects costs are currentlt estimated to be $21.8 million and include substantial tenant build-out as well as improvements to a rivetr walk just west of the building.
The city of Chicagoi agreed toprovide $6 millio n in tax incremental financing funds for redevelopment of the In addition, the state of Illinois pledged an economic package of roughlyg $18 million to lure MillerCoorsd to Chicago over Dallas. MillerCoors has applied for silveer level certification under the Leadership in Energy and Environmenta lDesign (LEED) Green Building Rating System of the U.S. Greehn Building Council.
million. The new headquarters, at 250 S. Wacket Drive, for the joint venture that combinesz Milwaukee's and Colorado's will bring 325 jobs to according to a Daleypress release. “The decisio of MillerCoors to locate its headquarters here strengthens our reputation as an important global center from which to conduct business and confirmse that Chicago is seen as a desirablwe placeto live, work and raise a family,” Dalehy said at a news conference held at the company’s MillerCoors was created in June 2008 and plc of Londonn and of Denver combined the U.S. and Puerto Rico operations of theirrespective subsidiaries, Miller and into the joint venture.
The brewet announced in July 2008 that it would locat e the headquarters in the neutrao city of Chicago in fairness to the citiesd of Milwaukeeand Golden, Colo. The headquarters will include the majoritg of MillerCoorssenior executives, as well as human resources, legal, finance, information technology and communications MillerCoors’ total projects costs are currentlt estimated to be $21.8 million and include substantial tenant build-out as well as improvements to a rivetr walk just west of the building.
The city of Chicagoi agreed toprovide $6 millio n in tax incremental financing funds for redevelopment of the In addition, the state of Illinois pledged an economic package of roughlyg $18 million to lure MillerCoorsd to Chicago over Dallas. MillerCoors has applied for silveer level certification under the Leadership in Energy and Environmenta lDesign (LEED) Green Building Rating System of the U.S. Greehn Building Council.
Tuesday, October 16, 2012
Signs show Tampa market unfriendly to Lightning - Houston Business Journal:
haygoodfoafyga1359.blogspot.com
The Tampa market, which has been home to the teamsincs 1992, exhibits five of 10 possible danger signs that coulr affect its existence according to a study conducted by sister publication Business First of Buffalo . Many of the teams that couldc be in danger if the was to ever to consider contracting arein non-traditional hockey market such as the south and the areas the NHL has expanded to in recent “Before doing any study just putting in my two centse — I would have said it has been a disaster,” Ted president and chief executive officefr of in Toronto, said. after doing the study, putting the numbere together, I can say it has been a disaster.
” Therw are a number of areas plaguinygthe Lightning, the study said, including the placement of potential fans’ personal income as well as 2008-09 attendance in the bottonm one-third of the entire NHL. The Lightning’s , was below 90 percent capacity on average duringb the mostrecent season, while the financial valude of the franchise, as estimated by , has droppesd at least 50 percent below the NHL medianj during the past Of course, the Lightning’zs other big problem is its location south of the 38th parallel, considered the southern borded of the traditional hockey market.
Other teams on the list are scatteresd throughout areas with warmer led bythe , which exhibit eight of the 10 dangetr signs including low franchise value, low net incomde and competition with the . in Miami are right behind with most of the same issueseas Phoenix, followed by the and the . The only northerm team to be listed among the top five threatene teams isthe , which is generallhy suffering from a region with lowerd population and lower income for its residents. “This is not a happty thing by any stretch,” Rechtshaffen “Buffalo is a great hockey market. There are lots of hockey fans Theproblem is, those hockey fans don’t have enough money to spend on tickets.
” The NHL has not made any indication that it would contract from 30 teams, howeve r of the four major professional sports leagues in the United the NHL has the smallest fan base and the lowest level of television revenue The league remains extremely popular in Canadq where six of the 30 teama are based. Plus, hockey fans are consideref to be more affluent than the other according to a 2004 study bythe . “Ax a business, I think the NHL needz to contract,” Rechtshaffen said.
“But if the possibilityt remains of moving teams and generating more the NHL obviously would prefer tomove
The Tampa market, which has been home to the teamsincs 1992, exhibits five of 10 possible danger signs that coulr affect its existence according to a study conducted by sister publication Business First of Buffalo . Many of the teams that couldc be in danger if the was to ever to consider contracting arein non-traditional hockey market such as the south and the areas the NHL has expanded to in recent “Before doing any study just putting in my two centse — I would have said it has been a disaster,” Ted president and chief executive officefr of in Toronto, said. after doing the study, putting the numbere together, I can say it has been a disaster.
” Therw are a number of areas plaguinygthe Lightning, the study said, including the placement of potential fans’ personal income as well as 2008-09 attendance in the bottonm one-third of the entire NHL. The Lightning’s , was below 90 percent capacity on average duringb the mostrecent season, while the financial valude of the franchise, as estimated by , has droppesd at least 50 percent below the NHL medianj during the past Of course, the Lightning’zs other big problem is its location south of the 38th parallel, considered the southern borded of the traditional hockey market.
Other teams on the list are scatteresd throughout areas with warmer led bythe , which exhibit eight of the 10 dangetr signs including low franchise value, low net incomde and competition with the . in Miami are right behind with most of the same issueseas Phoenix, followed by the and the . The only northerm team to be listed among the top five threatene teams isthe , which is generallhy suffering from a region with lowerd population and lower income for its residents. “This is not a happty thing by any stretch,” Rechtshaffen “Buffalo is a great hockey market. There are lots of hockey fans Theproblem is, those hockey fans don’t have enough money to spend on tickets.
” The NHL has not made any indication that it would contract from 30 teams, howeve r of the four major professional sports leagues in the United the NHL has the smallest fan base and the lowest level of television revenue The league remains extremely popular in Canadq where six of the 30 teama are based. Plus, hockey fans are consideref to be more affluent than the other according to a 2004 study bythe . “Ax a business, I think the NHL needz to contract,” Rechtshaffen said.
“But if the possibilityt remains of moving teams and generating more the NHL obviously would prefer tomove
Sunday, October 14, 2012
Hammons leaving Vision 2015 - Business Courier of Cincinnati:
afyfojahejus.blogspot.com
John Domaschko, a member of the Vision 2015 executivee committee, will serve as interim presiden t until a successoris named, according to a news He will begin his duties Jan. 1. Hammons will serve as an advisert to the group untilSeptemberf 2009. Vision 2015 is a nonprofit group that led the processz to developa 10-year strategic plan for Northern Kentuckyh that includes six economic and quality-of-life The Covington-based nonprofit has a smalk paid staff and a contingent of volunteers to help executes the plan. Hammons, who had served as presidenty of advocacy group Forward Quesysince 1996, became presidenr of Vision 2015 after the strategicd plan process was completed in 2005.
“Mike’s deep passion for the community was a driving forcwe in countless initiatives that have elevate d Northern Kentucky to where we are said A.J. Schaeffer, chairmaj of the Regional Stewardship the volunteer group that is part ofVisioj 2015. Vision 2015 will conduct a search for apermanengt president, according to the release.
John Domaschko, a member of the Vision 2015 executivee committee, will serve as interim presiden t until a successoris named, according to a news He will begin his duties Jan. 1. Hammons will serve as an advisert to the group untilSeptemberf 2009. Vision 2015 is a nonprofit group that led the processz to developa 10-year strategic plan for Northern Kentuckyh that includes six economic and quality-of-life The Covington-based nonprofit has a smalk paid staff and a contingent of volunteers to help executes the plan. Hammons, who had served as presidenty of advocacy group Forward Quesysince 1996, became presidenr of Vision 2015 after the strategicd plan process was completed in 2005.
“Mike’s deep passion for the community was a driving forcwe in countless initiatives that have elevate d Northern Kentucky to where we are said A.J. Schaeffer, chairmaj of the Regional Stewardship the volunteer group that is part ofVisioj 2015. Vision 2015 will conduct a search for apermanengt president, according to the release.
Saturday, October 13, 2012
Mercury News workers OK 9% pay cut - San Francisco Business Times:
jiqatili.wordpress.com
The new contract cuts pay 7 percent for the rest of and slashes an additionalo 2 percent from paychecks starting onNew Year’s Day. The Medis Workers Guild’s Northern California unit announcesd late last week that it had reached a tentativd contract deal with the Mercury News for its 257 memberz atthe paper. The contact also increasees employee health insurance contributions and makeswother concessions. The Guild represents 257 MercurgNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratification meeting to discuss and vote on the proposedr contract was heldMonday afternoon. The new contract expire s Nov. 30, 2010.
Other concessions include reduced vacationn accruals and movingthe Merc’s copy desk to Walnutf Creek, where MediaNews’ is based. It owns the Mercurg News and 11 other dailh papers inthe region, which includr virtually all of the daily papers in the Bay Area except the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terrible situation that the news industry and the countryis in,” San Jose Guilc President Sylvia Ulloa said in a statemenrt published in the Mercury News . Ulloas was on the bargaining committew that negotiatedwith management.
“Th e committee did the best we could do to limig the damage toour members, minimize the loss of jobs and to try to maintainn the quality of the Mercury The deal would also permit management to requirre up to five furlough days in 2010, move remaining circulationm and finance jobs to the Bay Area News Group’ds shared services center in San Ramon, consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new business, and win some additiona subcontracting rights, according to the Guild. The contract negotiationz have taken place during grim times fordailyg newspapers.
Several major papers have folded in recent including the and the print version ofthe , and many majofr metropolitan papers, including the San Francisco Chronicle , , , and face dauntingf financial challenges.
The new contract cuts pay 7 percent for the rest of and slashes an additionalo 2 percent from paychecks starting onNew Year’s Day. The Medis Workers Guild’s Northern California unit announcesd late last week that it had reached a tentativd contract deal with the Mercury News for its 257 memberz atthe paper. The contact also increasees employee health insurance contributions and makeswother concessions. The Guild represents 257 MercurgNews employees, including 130 in editorial jobs and 127 in circulation, finance and support positions. A ratification meeting to discuss and vote on the proposedr contract was heldMonday afternoon. The new contract expire s Nov. 30, 2010.
Other concessions include reduced vacationn accruals and movingthe Merc’s copy desk to Walnutf Creek, where MediaNews’ is based. It owns the Mercurg News and 11 other dailh papers inthe region, which includr virtually all of the daily papers in the Bay Area except the and . “Thix is a tough contract that will hurt a lot of our but it reflects the terrible situation that the news industry and the countryis in,” San Jose Guilc President Sylvia Ulloa said in a statemenrt published in the Mercury News . Ulloas was on the bargaining committew that negotiatedwith management.
“Th e committee did the best we could do to limig the damage toour members, minimize the loss of jobs and to try to maintainn the quality of the Mercury The deal would also permit management to requirre up to five furlough days in 2010, move remaining circulationm and finance jobs to the Bay Area News Group’ds shared services center in San Ramon, consolidate advertising functions in the East Bay and San hire commission-only sales representatives to develop new business, and win some additiona subcontracting rights, according to the Guild. The contract negotiationz have taken place during grim times fordailyg newspapers.
Several major papers have folded in recent including the and the print version ofthe , and many majofr metropolitan papers, including the San Francisco Chronicle , , , and face dauntingf financial challenges.
Friday, October 12, 2012
NetApp acquires Data Domain for $1.5 billion - Triangle Business Journal:
8511ysu.blogspot.com
billion cash and stocl deal, a merger of two data storagew companies that both have facilities inthe Triangle. “Our objectiver will be to amplifyData Domain’s success, grow Data Domain’s revenuez as quickly as today’s economy will allow, and creatse systems and incentives within NetApp to nurturw Data Domain to its fullesr potential,” NetApp Chairman and CEO Dan Warmenhoven said in a statement. Data Domain’s boardd of directors has approvedthe deal. The transactionm is expected to close in two tofour months. Calif.-based NetApp employs more than 700 in ResearchTrianglde Park.
Data Domain last year announced plana to open an operations center in the Triangle that the companuy envisioned becoming comparable to itsSanta Clara, headquarters. The company’s East Coast operationd are led by Ken who held a similar role for Data Domain specializesin de-duplication, a storage technology that eliminatez duplicate files so data storage takes up less NetApp says Data Domain’s technology complements NetApp’s offering. NetAp p said it would operate Data Domain as a productf linewithin NetApp’s operations.
billion cash and stocl deal, a merger of two data storagew companies that both have facilities inthe Triangle. “Our objectiver will be to amplifyData Domain’s success, grow Data Domain’s revenuez as quickly as today’s economy will allow, and creatse systems and incentives within NetApp to nurturw Data Domain to its fullesr potential,” NetApp Chairman and CEO Dan Warmenhoven said in a statement. Data Domain’s boardd of directors has approvedthe deal. The transactionm is expected to close in two tofour months. Calif.-based NetApp employs more than 700 in ResearchTrianglde Park.
Data Domain last year announced plana to open an operations center in the Triangle that the companuy envisioned becoming comparable to itsSanta Clara, headquarters. The company’s East Coast operationd are led by Ken who held a similar role for Data Domain specializesin de-duplication, a storage technology that eliminatez duplicate files so data storage takes up less NetApp says Data Domain’s technology complements NetApp’s offering. NetAp p said it would operate Data Domain as a productf linewithin NetApp’s operations.
Wednesday, October 10, 2012
Sarah Brightman will sing in space - NBCNews.com (blog)
borislavamcoc.blogspot.com
NBCNews.com (blog) | Sarah Brightman will sing in space NBCNews.com (blog) Soprano superstar Sarah Brightman has confirmed that she's planning a flight to the International Space Station and hopes to sing a song in orbit â€" but not until after she finishes up the worldwide concert tour that she's just about to start. We've ... Sarah Brightman, alien life-forms and why, in space, no one should have to ... Phantom Star Sarah Brightman Drops $51 Million for Space Vacation |
Tuesday, October 9, 2012
Court shown graphic footage of Brazilian student 'Tasered to death' by ... - Daily Mail
cicugaha.wordpress.com
Daily Mail | Court shown graphic footage of Brazilian student 'Tasered to death' by ... Daily Mail Users will be shown images of products and encouraged to flag them Forget the 'like' button… Facebook is now testing a 'want' button for products that will pave the way... The Collegiate Reformed Church, under the shadow of the Empire State build ing ... Tasered student's agony Tasered student's agony shown in court Footage of Sydney tasering released |
Sunday, October 7, 2012
Most Eddie Bauer stores to stay open - Business First of Columbus:
xotavaloso.blogspot.com
The company announced that it struc an agreement withNew York–based privatde equity firm LLC to buy Eddie Bauer’s assets, subject to an auctiobn and bankruptcy court approval. CCMP Capital intendzs to operate the business as a goinfg concern with little orno long-term According to Eddie Bauer, CCMP Capital has agreedd to keep a majority of the 371 stores open and retainh a majority of the employees.
CCMP Capita specializes in buyouts and looks for investment opportunitie in retail andother sectors, and have made investmentsw in the outdoors specialty retailer Cabela’s, whichu sells hunting, fishing and camping Eddie Bauer said it hopes to operatr business as usual during bankruptcu court proceedings and has asked for court approval to continure paying vendors and workers. The company also said it intendas to honor customergift cards, returns and loyalty progran points. The company also announced that it has securef a commitment from its existing revolving credit Bankof America, N.A., and /Business Inc.
for so-called debtor-in-possession (DIP) financing of $90 millionj on an interim basisand $100 milliob based on the final court order. The move, the compant said, should provide it with ample cash flow to continuer payingits bills. “Eddie Bauef is a good company with a greaty brand and a badbalance sheet. This process will allowe the business to emerge with far less positioned for growth as the economy recovers and as our new product sgain traction,” said Neil Fiske, Eddie Bauerf president and chief executive officer, in a “We expect this process to be completed very protecting our employees and critical vendor partnerds every step of the way.
“We have made good progresds on our turnaround strategy of returninf Eddie Bauer to its heritages as an active outdoor brand and have exciting new product launches on the wayto market, including First our return to expedition-grade outerwear and gear. a crushing debt burden placede on the company from the Spiegel reorganizationnin 2005, combined with the prolonged recession, have left us with no choice but to use this process to reduce the debt load on the
The company announced that it struc an agreement withNew York–based privatde equity firm LLC to buy Eddie Bauer’s assets, subject to an auctiobn and bankruptcy court approval. CCMP Capital intendzs to operate the business as a goinfg concern with little orno long-term According to Eddie Bauer, CCMP Capital has agreedd to keep a majority of the 371 stores open and retainh a majority of the employees.
CCMP Capita specializes in buyouts and looks for investment opportunitie in retail andother sectors, and have made investmentsw in the outdoors specialty retailer Cabela’s, whichu sells hunting, fishing and camping Eddie Bauer said it hopes to operatr business as usual during bankruptcu court proceedings and has asked for court approval to continure paying vendors and workers. The company also said it intendas to honor customergift cards, returns and loyalty progran points. The company also announced that it has securef a commitment from its existing revolving credit Bankof America, N.A., and /Business Inc.
for so-called debtor-in-possession (DIP) financing of $90 millionj on an interim basisand $100 milliob based on the final court order. The move, the compant said, should provide it with ample cash flow to continuer payingits bills. “Eddie Bauef is a good company with a greaty brand and a badbalance sheet. This process will allowe the business to emerge with far less positioned for growth as the economy recovers and as our new product sgain traction,” said Neil Fiske, Eddie Bauerf president and chief executive officer, in a “We expect this process to be completed very protecting our employees and critical vendor partnerds every step of the way.
“We have made good progresds on our turnaround strategy of returninf Eddie Bauer to its heritages as an active outdoor brand and have exciting new product launches on the wayto market, including First our return to expedition-grade outerwear and gear. a crushing debt burden placede on the company from the Spiegel reorganizationnin 2005, combined with the prolonged recession, have left us with no choice but to use this process to reduce the debt load on the
Saturday, October 6, 2012
Super DIRT Week track prep team provides Grade 'A' racing - Syracuse.com (blog)
jaqezuweg.blogspot.com
Syracuse.com (blog) | Super DIRT Week track prep team provides Grade 'A' racing Syracuse.com (blog) “Larry and his family have been staples at tracks around Central New York for years, and Chad, who's also my brother-in-law, works with me down at Lernerville Speedway,†said Risch, who is the general manager of the popular half-mile track in Sarver ... |
Friday, October 5, 2012
Small business pushes credit card reform - Boston Business Journal:
elisovadinaimar.blogspot.com
It’s a figure a group of small busineses owners say credit cardcompanies don’t want but one that consumers need to know. “Thre continuing burden of or swipe fees on small businesa owners has become heavier and heavierto bear. It is the seconx largest expensebehind payroll. It is somethinv we are extremely worried saidJim Smith, president of the Florida Petroleum Marketer and Convenience Store during a Monday news conference.
Credi card companies, on the other say the fees are simply the cost of doing Credit card swipefees – called interchange fees by the big bankes that set these rates – are a percentag of each transaction that Visa and MasterCard and theid member banks collect from retailers every time a credit or debif card is used. These fees average aboug 2 percent inthe U.S., according to the , the associatiobn for convenience and petroleum retailing, which put togetherr Monday’s news conference. In 2008, credit card fees cost U.S. convenienc e stores $8.4 billion, compared with $5.
2 billiomn in store profits, according to NACS Almost all of these credit card fees are attributable to crediy cardswipe fees. Convenience store ownedr Bruce Mitchell said his operation paid out morethan $3 milliomn in credit card fees last year. “I am payin 25 percent more for credif card fees than I pay in he said. Recently, tax offices in four Florida counties – Marion, Walton, Osceola and Brevarde – said they will no longer accept Visa becausee there was no room in theid budgets to absorb the swipefee costs.
The coalition notecd that, while county governments have the abilityy to say no because Floridians must pay their taxes, businesses can’t afford to say no to credit card purchases. The groupx are pushing for legislation that would eitherf require credit card companies to reveal swipe fees or allow merchants to negotiate those thus leveling theplaying field. Federalp lawmakers recently reintroduced the Credit Card FairFee Act, whicjh NACS said would give merchanta “a seat at the negotiating table with banks to determine the fees assessedx for every sale made by credit card, and ultimatelu reduce the costs of everyday goods for But, the , an organization that represents payment card networks, financial services companies and financial service trade associations, said in a new releaser that retailers are trying “to make consumeres pay for one of their business expensezs – the cost of accepting credit and
It’s a figure a group of small busineses owners say credit cardcompanies don’t want but one that consumers need to know. “Thre continuing burden of or swipe fees on small businesa owners has become heavier and heavierto bear. It is the seconx largest expensebehind payroll. It is somethinv we are extremely worried saidJim Smith, president of the Florida Petroleum Marketer and Convenience Store during a Monday news conference.
Credi card companies, on the other say the fees are simply the cost of doing Credit card swipefees – called interchange fees by the big bankes that set these rates – are a percentag of each transaction that Visa and MasterCard and theid member banks collect from retailers every time a credit or debif card is used. These fees average aboug 2 percent inthe U.S., according to the , the associatiobn for convenience and petroleum retailing, which put togetherr Monday’s news conference. In 2008, credit card fees cost U.S. convenienc e stores $8.4 billion, compared with $5.
2 billiomn in store profits, according to NACS Almost all of these credit card fees are attributable to crediy cardswipe fees. Convenience store ownedr Bruce Mitchell said his operation paid out morethan $3 milliomn in credit card fees last year. “I am payin 25 percent more for credif card fees than I pay in he said. Recently, tax offices in four Florida counties – Marion, Walton, Osceola and Brevarde – said they will no longer accept Visa becausee there was no room in theid budgets to absorb the swipefee costs.
The coalition notecd that, while county governments have the abilityy to say no because Floridians must pay their taxes, businesses can’t afford to say no to credit card purchases. The groupx are pushing for legislation that would eitherf require credit card companies to reveal swipe fees or allow merchants to negotiate those thus leveling theplaying field. Federalp lawmakers recently reintroduced the Credit Card FairFee Act, whicjh NACS said would give merchanta “a seat at the negotiating table with banks to determine the fees assessedx for every sale made by credit card, and ultimatelu reduce the costs of everyday goods for But, the , an organization that represents payment card networks, financial services companies and financial service trade associations, said in a new releaser that retailers are trying “to make consumeres pay for one of their business expensezs – the cost of accepting credit and
Wednesday, October 3, 2012
It's show time: Obama, Romney meet in first debate - Boston.com
pemp66seb.blogspot.com
Toledo Blade | It's show time: Obama, Romney meet in first debate Boston.com Five weeks before Election Day, early voting is under way in scattered states and beginning in more every day. Opinion polls show Obama with an advantage nation » |
Tuesday, October 2, 2012
Silicon Valley business leaders keep eye on Washington energy tax plans - New Mexico Business Weekly:
plesciamipukoa1855.blogspot.com
Formally known as the American Clean Energy andSecuritt Act, the legislation establishes a new market in the selling and trading of carbon allowances. The currentg proposal calls forthe U.S. to reduce carbohn emissions by 17 percent from 2005 levelxby 2020. Barry president and CEO of Los Gatos-based Akeena said cap and trade won’rt make anyone’s stock rise but it has the potential to increasde the economic viability of renewable energy across the The devil, though, is going to be in the “The reality is whether it’s cap and tradew or a carbon tax, it will fundamentally increasd the economic viability of non-carbohn energy solutions, making wind, solar and energy conservatio n more attractive,” Cinnamon said.
“And the valley is becoming a hub ofthoser industries.” Tom Tansy, vice president of marketing and busines development at Fat Spaniel a San Jose-based provider of management servicesd for renewable energy systems, said the company is watching the bill and has been pushinf for this type of legislation for “We’re reinforcing to our elected officials that this makes perfecty sense for our world and our industry,” Tansy said. “There is a ton of researcb about the benefits of cap and and there is enough movement in our governmenf now to makeit happen.
” Companiesz that reduce their emissions could make money by selling what they don’t use to thosd who need more carbon credits, such as utilitiese and manufacturers. Opponents fear that such a system is a tax in disguisd and would result in massive coststo consumers. According to an Environmentapl ProtectionAgency analysis, the act coulds create a market for carbonn credits worth at leastg $4 billion annually in the U.S. throug 2030. New sources of energy are expected to increaswe inthe U.S. by 65 percent by and 92 percent are expected to be low Opponents of the bill have calleds it everything froma “cap and tax boondoggle” to a bureaucrat’zs dream. Former U.S.
Secretarhy of State Condoleezza Rice, speakinyg at the Silicon Valley Energyh Summit at Stanford University in late said cap and tradde is an easily abused system and that a carbom tax would be a better way to approachn reducing greenhouse gas While Cinnamon agreedwith Rice’s statement that carbom cap and trade could be abusee or manipulated, “it’s up to our Legislature to set up a programm to achieve the goals of reducing carbon-based emissions with the simplest way and least chance of abuse.
” Although the bill faces fiercde opposition from coal producerz and states that rely heavily on California’s Pacific Gas and Electric has a cleaner portfolip than many utilities in other parts of the country. Brian Hertzog, PG&E’se Washington, D.C.-based director of corporate relations, said the frameworkj presented in thebill won’t have any substantial cost impactf on PG&E customers in the near term because the companhy is relatively well-prepared. “When you look at our portfolioi in terms of our carbon intensituy and what the impact will be once we put a pricreon carbon, it will be a much lowe r impact than you will see Hertzog said.
Important elements for any potential energu legislation include consumer protection andcost containment, he said. Peter Nieh, managing director at Lightspeed Venture Partners in Menlo Park and leadefr ofthe firm’s cleantech investments, believes cap and tradse has the potential to level the energy playing field because it takes away coal’s competitivde price advantage. “Hopefully everybody stands to win, but that’es what the debate is about,” Nieh “If you integrate this across society, it’sx the matter of the cost and whobears it. Alternative forms of energy standto win.
”
Formally known as the American Clean Energy andSecuritt Act, the legislation establishes a new market in the selling and trading of carbon allowances. The currentg proposal calls forthe U.S. to reduce carbohn emissions by 17 percent from 2005 levelxby 2020. Barry president and CEO of Los Gatos-based Akeena said cap and trade won’rt make anyone’s stock rise but it has the potential to increasde the economic viability of renewable energy across the The devil, though, is going to be in the “The reality is whether it’s cap and tradew or a carbon tax, it will fundamentally increasd the economic viability of non-carbohn energy solutions, making wind, solar and energy conservatio n more attractive,” Cinnamon said.
“And the valley is becoming a hub ofthoser industries.” Tom Tansy, vice president of marketing and busines development at Fat Spaniel a San Jose-based provider of management servicesd for renewable energy systems, said the company is watching the bill and has been pushinf for this type of legislation for “We’re reinforcing to our elected officials that this makes perfecty sense for our world and our industry,” Tansy said. “There is a ton of researcb about the benefits of cap and and there is enough movement in our governmenf now to makeit happen.
” Companiesz that reduce their emissions could make money by selling what they don’t use to thosd who need more carbon credits, such as utilitiese and manufacturers. Opponents fear that such a system is a tax in disguisd and would result in massive coststo consumers. According to an Environmentapl ProtectionAgency analysis, the act coulds create a market for carbonn credits worth at leastg $4 billion annually in the U.S. throug 2030. New sources of energy are expected to increaswe inthe U.S. by 65 percent by and 92 percent are expected to be low Opponents of the bill have calleds it everything froma “cap and tax boondoggle” to a bureaucrat’zs dream. Former U.S.
Secretarhy of State Condoleezza Rice, speakinyg at the Silicon Valley Energyh Summit at Stanford University in late said cap and tradde is an easily abused system and that a carbom tax would be a better way to approachn reducing greenhouse gas While Cinnamon agreedwith Rice’s statement that carbom cap and trade could be abusee or manipulated, “it’s up to our Legislature to set up a programm to achieve the goals of reducing carbon-based emissions with the simplest way and least chance of abuse.
” Although the bill faces fiercde opposition from coal producerz and states that rely heavily on California’s Pacific Gas and Electric has a cleaner portfolip than many utilities in other parts of the country. Brian Hertzog, PG&E’se Washington, D.C.-based director of corporate relations, said the frameworkj presented in thebill won’t have any substantial cost impactf on PG&E customers in the near term because the companhy is relatively well-prepared. “When you look at our portfolioi in terms of our carbon intensituy and what the impact will be once we put a pricreon carbon, it will be a much lowe r impact than you will see Hertzog said.
Important elements for any potential energu legislation include consumer protection andcost containment, he said. Peter Nieh, managing director at Lightspeed Venture Partners in Menlo Park and leadefr ofthe firm’s cleantech investments, believes cap and tradse has the potential to level the energy playing field because it takes away coal’s competitivde price advantage. “Hopefully everybody stands to win, but that’es what the debate is about,” Nieh “If you integrate this across society, it’sx the matter of the cost and whobears it. Alternative forms of energy standto win.
”
Sunday, September 30, 2012
Saturday, September 29, 2012
Hospitality service firm challenges single-family home rental ban - South Florida Business Journal:
lihung-associations.blogspot.com
Miami Beach-based filed a lawsuit in Miami-Dade County Circuit alleging the city's prohibition on single-family home rentals of less than six monthes is unconstitutional because it underminesthe owner's propert y rights. Villazzo, which provides services - from chauffeurs to homew - to the rich and famous, also alleges the city nevef turned the policyinto law, makint it unenforceable. "Despite its failure to have codifiedthis administration'sd interpretation, the city continue to enforce it and give it full legal forcee and effect," the lawsuit says of the seven-year-old The complaint, filed Sept.
17 in Miami-Dadwe County Circuit before JudgeKevin Emas, namews Villazzo and the 9,900-square-foot waterfront mansion it owns at 10 Palm on Palm Island, as plaintiffs. Plaintiff's attorney John Shubin said city planning directoe Jorge Gomez authoredthe "administrative as a reaction to complaintz from disgruntled neighbors about fly-by-night renters, their "party houses" and "obnoxious behavior." Gomeaz did not return several calls seeking comment. Jose Miami Beach's attorney, said the case was frivolouss andthe city's position was legally sound.
He would not comment on allegation s made inthe lawsuit, including the fact that city stafc is executing a policy that was not approvexd by the commission. In the last decade, Miamk has become a chic location for internationally televised event like theLatin Grammys, the MTV Videol Music Awards, and the Superd Bowl. Post-event parties held in waterfronty mansions have gotten as much press as the events Some hostsof "hip-hoo parties" from a few years ago charged to get in, turningg events in single-family neighborhoods into a commercial enterpris - another city no-no, according to Villazzp principal Richard Freeman.
The city'sz code enforcement department cited the owner ofa single-family home on Pine Tree Drivw because of a party sponsored by fashion and perfume companuy Chanel, said Kevin an broker based in Miami The city interprets corporate sponsorshipl of a party as a commercialo enterprise, which is prohibited in single-family Short-term rentals are a hot topic in vacation destinations such as Key West and Miami with local officials claiming they spur crimes and drive up traffic in residential neighborhoods. The issue has taken on nationao prominence as propertyrights organizations, such as the Calif.
-based , have filed lawsuits againsyt governments across the country - including Brevard which challenged prohibitions on vacatiob rentals. Freeman characterizes the city policy asan antibiotic, a broadc remedy to the issue the city was tryinvg to address. "The city can't say no to any hip-hol - that's discrimination. So, it has to either pass a law or enforced a law or interpret existingy laws in a way that woulcd be a broad net that would not be guilty of Freeman said. "This is like sayingt 'because some people drive recklessly, then we will ban all driving.
'" Tomlinso said demand for high-end, short-term home rentale was high in theearly 1990s, but has diminished because of the advent of high-end condo-hotelzs such as the Setai in South He said EWM doesn'tt rent houses for less than six months becauser of the prohibition, but it can rent luxurt condos in the Setai, Acoya and other buildings if the condominium documents alloqw it. He said one housed in high demand on North Bay Road has a monthly carryinbg costof $40,000 and rents for $80,000 a But Freeman said most owners aren'rt in it to make a profit, they want to reduce their carrying costs.
He said like his Villazzo partner, Christian Jagodzinski, primarily live and spenc most of their time in Europe or Latin Renters are at the top ofthe "wealth seeking homes valued at betweenn $5 and $25 million. Thirty-day leasesa were typical, but now run to seven months. Well-heeled renters from the Northeast seek luxurious accommodations without goinf toa resort. Some celebrities seek out single-family mansionds because they want to avoiethe paparazzi. "Clients from Latin America have severalp children and are afraid of kidnappingxand don't want to go to a Freeman said.
Miami Beach-based filed a lawsuit in Miami-Dade County Circuit alleging the city's prohibition on single-family home rentals of less than six monthes is unconstitutional because it underminesthe owner's propert y rights. Villazzo, which provides services - from chauffeurs to homew - to the rich and famous, also alleges the city nevef turned the policyinto law, makint it unenforceable. "Despite its failure to have codifiedthis administration'sd interpretation, the city continue to enforce it and give it full legal forcee and effect," the lawsuit says of the seven-year-old The complaint, filed Sept.
17 in Miami-Dadwe County Circuit before JudgeKevin Emas, namews Villazzo and the 9,900-square-foot waterfront mansion it owns at 10 Palm on Palm Island, as plaintiffs. Plaintiff's attorney John Shubin said city planning directoe Jorge Gomez authoredthe "administrative as a reaction to complaintz from disgruntled neighbors about fly-by-night renters, their "party houses" and "obnoxious behavior." Gomeaz did not return several calls seeking comment. Jose Miami Beach's attorney, said the case was frivolouss andthe city's position was legally sound.
He would not comment on allegation s made inthe lawsuit, including the fact that city stafc is executing a policy that was not approvexd by the commission. In the last decade, Miamk has become a chic location for internationally televised event like theLatin Grammys, the MTV Videol Music Awards, and the Superd Bowl. Post-event parties held in waterfronty mansions have gotten as much press as the events Some hostsof "hip-hoo parties" from a few years ago charged to get in, turningg events in single-family neighborhoods into a commercial enterpris - another city no-no, according to Villazzp principal Richard Freeman.
The city'sz code enforcement department cited the owner ofa single-family home on Pine Tree Drivw because of a party sponsored by fashion and perfume companuy Chanel, said Kevin an broker based in Miami The city interprets corporate sponsorshipl of a party as a commercialo enterprise, which is prohibited in single-family Short-term rentals are a hot topic in vacation destinations such as Key West and Miami with local officials claiming they spur crimes and drive up traffic in residential neighborhoods. The issue has taken on nationao prominence as propertyrights organizations, such as the Calif.
-based , have filed lawsuits againsyt governments across the country - including Brevard which challenged prohibitions on vacatiob rentals. Freeman characterizes the city policy asan antibiotic, a broadc remedy to the issue the city was tryinvg to address. "The city can't say no to any hip-hol - that's discrimination. So, it has to either pass a law or enforced a law or interpret existingy laws in a way that woulcd be a broad net that would not be guilty of Freeman said. "This is like sayingt 'because some people drive recklessly, then we will ban all driving.
'" Tomlinso said demand for high-end, short-term home rentale was high in theearly 1990s, but has diminished because of the advent of high-end condo-hotelzs such as the Setai in South He said EWM doesn'tt rent houses for less than six months becauser of the prohibition, but it can rent luxurt condos in the Setai, Acoya and other buildings if the condominium documents alloqw it. He said one housed in high demand on North Bay Road has a monthly carryinbg costof $40,000 and rents for $80,000 a But Freeman said most owners aren'rt in it to make a profit, they want to reduce their carrying costs.
He said like his Villazzo partner, Christian Jagodzinski, primarily live and spenc most of their time in Europe or Latin Renters are at the top ofthe "wealth seeking homes valued at betweenn $5 and $25 million. Thirty-day leasesa were typical, but now run to seven months. Well-heeled renters from the Northeast seek luxurious accommodations without goinf toa resort. Some celebrities seek out single-family mansionds because they want to avoiethe paparazzi. "Clients from Latin America have severalp children and are afraid of kidnappingxand don't want to go to a Freeman said.
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