Wednesday, March 28, 2012
St. Louis aldermen committee OKs Kiel Opera House plan - Business First of Louisville:
The plan now goes before the full boarddof aldermen. The Urban Development and Zoninbg Committee had because members said they wanted more time to examine the andRichard Baker, president of , whicb operates the , said the plan would steaol shows away from the Fox and , the New York City-basef firm that owns the and holds the long-ter lease to the Kiel, To alleviate concernsx among competitors, SCP Worldwidwe agreed to limit the number of third-party theatrical shows it holds for the first five years, said Ken a partner in SCP "We think this is a vote for St. Louis," he SCP Worldwide has brought in McEagle of O’Fallon, Mo.
, as a redevelopment partnedr and as general David Checketts, chairman of SCP Worldwide, thanked the committee, Mayor Francis Slay and Comptrollee Darlene Green "for putting their trust in our plan and sharingb our belief that the Kiel Opera Housed can and should be restored to the glory of its "We all want the same thintg for St. Louis: a vibrant a thriving cultural and entertainment scene, additional jobs and a promisingt economic future for this and future generations," Checkettse said in a statement.
"Today’s committee vote approvintg our Kiel Opera House plan is the first step in makingy all of this a Last month, the city’s Land Clearanced for Redevelopment Authority to the board of alderme that the Kiel be re-declared blighted, paving the way for tax abatementf for SCP Worldwide to support a restoratioj of the building into a theatrical and concert
Monday, March 26, 2012
Foreclosure rates drop in three Tampa Bay counties - Dallas Business Journal:
May was the third highest month of foreclosure activity on said , up 18 percent from the year Defaults and scheduled foreclosure auctions were down from but bank repossessions were up 2 percenft and could continue to grow as foreclosure delaysw and moratoriums are liftesd in various states, said James J. RealtyTrac’s chief executive officer. Hernando County posted the biggesr decrease in the Tampa Bay region falling morethan 14.5 percent with 475 homeds in some state of foreclosure. That represent one in every 169 homes under the threat of beingv taken backby lenders.
Sarasota County was not far behin with just under a 7 percent dropaffecting 1,072w homes, or one in every 206 Manatee County had a 2 percenft drop since May 2008 that hit 590 or one in 287 properties. On the other end of the Pasco County had the largest increase in jumping more than 62 percentto 1,500 properties. That representzs one in every 145 homesin foreclosure, ninth worsr in the state. Despite falling more than 6 percentsinces April, Polk County was up nearly 53 percentf over the past year as 1,572 homes were in foreclosure, representin one in every 177 homes. Pinellads County jumped 48 percento 2,458 homes.
Hillsborough County climbed nearlyh 20 percent in foreclosure rates as lenderetargeted 2,408 homes. However, rates were down well over 25 percentysince April. Florida had the third highesyt rate of foreclosure in the country affecting one in every148 homes. It had the seconr highest number of foreclosures at just fewerthan 59,000, a 50 percentr jump from May 2008. Three Florid metropolitan areas were ranked among the 10 worsg foreclosure rates inthe nation: Cape Coral-For Myers at No. 6 with one in 82 homes in Orlando-Kissimmee at No. 8 with one in 101 homes in foreclosure; and Miami-For Lauderdale-Pompano Beach at No. 10 with one in 105 homez in foreclosure.
Saturday, March 24, 2012
New Jersey Middle School Bans Hugging - TIME
New York Daily News | New Jersey Middle School Bans Hugging TIME At least in one New Jersey middle school. Tyler Blackmore, the principal of Matawan-Aberdeen Middle School, instituted the rule following some âincidents of unsuitable, physical interactions,â MSNBC reports, declaring it a âno hugging school. New Jersey middle school principal announces hugging ban, but superintendent ... NJ middle school: No hugging, please |
Thursday, March 22, 2012
Individual Mandate Not Necessary for Universal Coverage - Huffington Post (blog)
Individual Mandate Not Necessary for Universal Coverage Huffington Post (blog) However, while there is a very significant random component in health risks (eg injuries and infections), most risks are highly dependent on individual medical history, and it can be determined in advance which people are much likelier to end up among ... Romney and the individual mandate, again A Must for Mitt Romney Romney silent on his healthcare success |
Tuesday, March 20, 2012
VC confidence continues to rise from 5-year lows - San Francisco Business Times:
The rose to 3.37 in the seconxd quarter from 3.03 in the first The index is on a scalr of 1to 5, from low confidencd to high confidence. It marks the seconf consecutive rise after the index hita 5-year low in the fourt h quarter of last year. "Venture capitalists expect the worst of the financialo crisis isbehind us," the report said. Despite a continuer lack of IPOs, sales and other ways to cash in ontheirt investments, VCs reported that they continuse to see particularly resilient entrepreneurs lookingt for investment. Funding for early stage companies remains at particularlyylow levels, however, the report said, with most monegy going to keep later stage companied going.
"They say if you wait for spring willbe over," the report quotesx Venky Ganesan of of Palo Alto as saying. "Whil there is much to repaidr in our global credit the worst is overand it'sz time to sow the seeds for the
Sunday, March 18, 2012
Newspaper publisher to sell assets - Dallas Business Journal:
Addison-based American Community NewspapersLLC (Pink ACNI) filed for Chapter 11 bankruptcy protection in April. ACN said Fridag that senior secured creditors have submitted an offef toacquire ACN’s assets, and they have provided a $5 million debtor-in-possession credit facility. A bankruptct court has already approved the sale of ACN assets and has approvedf the debtor in possessioncredift facility. The newspaper publisher says operations andthe company’s busineszs will continue as usual with readers in locaol communities continuing to receive their papers. Advertisere also will not be impacted by the bankruptcg filing or the saleof assets.
ACN’ws other North Texas publications include PlanokInsider , the Allenm American , the Celina Recors , , Rowlett Lakeshorwe Times , , Lewisville Leadetr , Flower Mound Leader , , The Colonyu Leader , Carrollton Leaded , Southlake Times , Penny Saver , Nortyh Texas Life , Stonebridgew Life , All About Frisco , All Abouy Coppell , All About Flowefr Mound and Lantana .
Friday, March 16, 2012
Jacksonville Port should fare better than rivals - Jacksonville Business Journal:
But that doesn’t mean the weakening demaned for goods andmaterials won’t hit the shoresd of Northeast Florida. The clearest indicatorf is that the new TraPac Terminal expects to handle 60 percentg less cargo in 2009 thanoriginally projected. Thesee reduced expectations, coupled with the slumping demaned for goods andraw materials, will continue to affect the logistic s industry. Despite this, Northeast Florida’s transportation and international trade work force is expectedr to increase byabout 1.2 percent to aboug 33,400 employees, according to projectionse by the University of Centralp Florida Institute for Economic Competitiveness.
Jacksonville Port Authority Executive Director Rick Ferrin hopeasthe port’s ability to handld cargo ranging from breakbulk to containers, and its accesd to various trade lanes, which include Southy and Central American, Europeabn and African ports of will help insulate it from the slowdown. The international however, is grim, with major shippingt companies grounding ships and unneeded cargo stackingy higher and higherat ports. Even with the reduceed expectations, logistics companies from warehouse providersto third-party logistics companie will increase their presence not just to readuy for the TraPac terminal, but also for Hanjinh Shipping Company Ltd.
’s terminal, which is expected to be runningt in 2012. Of all logisticse sectors, trucking will likely have it the roughest, as companiesz face less demand but still have to pay driverds and keepequipment running, said Haddon Allen, president of He expectds many more small trucking companies to go out of busineszs or consolidate. The outloom is better for third-party logistics companies withourtrucking assets, since the need for an efficient supplt chain has increased as customers’ bottom line Allen said. Intermodal transport will continue to grow as customere attempt to save money by shifting the transport of theif goods and materials from truckinyto rail.
Many trucking companies aren’t able to do businessd because theircustomers haven’t paid them, said Robertt Fox, General Transport Inc.’s vice president of operationw and sales. “The trucking companies are always the last ones to get he said. “You pay someone first for supplyinh the raw materials and wait on payingtfor transport.” It’s going to be rougu for railroads, too, said John Giles, CEO and presidentt of Traffic for both his companhy and CSX Corp. (NYSE: CSX) is and most experts don’t expect things to improvde until latenext year.
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