Schramm: Time off doesn't slow Tar Heels rhythm Fayetteville Observer CHAPEL HILL - On his trip back home to Iowa during North Carolina's five-day holiday break, Harrison Barnes made it a point to grab a couple of meals at the Flying Burrito, a hometown favorite. "I say it's better than Chipotle," Barnes said. ... |
Thursday, December 29, 2011
Schramm: Time off doesn't slow Tar Heels rhythm - Fayetteville Observer
esivyjifag.wordpress.com
Tuesday, December 27, 2011
Boeing to acquire eXMeritus - Charlotte Business Journal:
ekaterinaiuvo.blogspot.com
which sells secure hardware and softwarew to the government and lawenforcement organizations, for an undisclose d sum. Executives at Boeing (NYSE: BA) say the purchaser will help extend its ability to serve the federal cyberf security andintelligence markets. “The additio n of eXMeritus to our team is a strong enhancemen t to the Boeing capabilities developed through years of experiencer on secure networks for some of the most complex systemss in nationalsecurity today,” said Boeing Integraterd Defense Systems President and CEO Jim Albaugh. Fairfax-based eXMerituzs is the fourth company that Boeing will add toits security- and intelligence-related lines of business since 2008.
Last year Boeing acquired Germantown, Md.-based Digital Receiver Technology, Herndon, Va.-based Ravenwing and D.C.-based . eXMeritus, founded in will add fewer than 30 employeesto Boeing’ds Integrated Defense Systems’ Networkj and Space Systems unit. The company’s productse are certified and accredited bythe U.S. government to operatew on the government’s trusted Boeing said the transaction, expected to closd by the end of won’t affect Boeing’s financial Boeing’s Integrated Defense Systems unit, headquarterexd in St. Louis, is a $32 billion business with 70,000 employees worldwide.
which sells secure hardware and softwarew to the government and lawenforcement organizations, for an undisclose d sum. Executives at Boeing (NYSE: BA) say the purchaser will help extend its ability to serve the federal cyberf security andintelligence markets. “The additio n of eXMeritus to our team is a strong enhancemen t to the Boeing capabilities developed through years of experiencer on secure networks for some of the most complex systemss in nationalsecurity today,” said Boeing Integraterd Defense Systems President and CEO Jim Albaugh. Fairfax-based eXMerituzs is the fourth company that Boeing will add toits security- and intelligence-related lines of business since 2008.
Last year Boeing acquired Germantown, Md.-based Digital Receiver Technology, Herndon, Va.-based Ravenwing and D.C.-based . eXMeritus, founded in will add fewer than 30 employeesto Boeing’ds Integrated Defense Systems’ Networkj and Space Systems unit. The company’s productse are certified and accredited bythe U.S. government to operatew on the government’s trusted Boeing said the transaction, expected to closd by the end of won’t affect Boeing’s financial Boeing’s Integrated Defense Systems unit, headquarterexd in St. Louis, is a $32 billion business with 70,000 employees worldwide.
Sunday, December 25, 2011
Blogs can persuade the public, but can they make money? - Washington Business Journal:
mozybyd.wordpress.com
Before you quit your day job in pursuit of online fame and know a few facts abouty what it takes to runa Don’t expect to make any quicik money. Blogging takes a considerable amount of time and In addition, you will need to keep the content fresh and constantluy market the site. In othee words, it is just like startinf any other business. But the barriere to entry are considerablylower than, say, openin a restaurant, which requires tens of thousands of dollars. And as the numberd of bloggerskeeps growing, advertisersx are catching on. Blogs that are specialized alloew advertisers to reach theirtarget audience.
Bloggers whose sites attract morethan 100,000 unique visitors a month earn $75,0090 a year on average, according to Technorati a San Francisco company that collectd data on blogs. The average U.S. blogger, pulls in just $5,060 a year. Many new bloggers count on their savingss ortheir spouse’s job to pay the But low pay has not stoppex folks from entering the There are 452,000 bloggerd in the U.S, according to the Departmenf of Labor. That is 58,00o0 more than the numbere of computer programmers. One advantage of blogs is that they offer the ability for readers to post That means readers areengageed — something that attracts advertisers.
“It pushe the brand even further and gets peopler to talk about itamongst themselves,” says Chrias Walbert, digital media manager for Media Works Ltd. in Owinges Mills, Md. “That’s the powerful things about blogs and social Perhaps one ofthe region’s most successfulo blogs is TVNewser.com, startesd by Brian Stelter while a studenrt at Towson University. The cablr news industry blog was picked upby Mediabistro.co in 2006 and got Stelter a staffc job at The . But not everyone is so At leastnot yet. Take, for instance, Fern The former brew.com. Her blog boasta an impressive list of includingformer “Wired” writer Rafae l Alvarez.
But neither the site nor the contributorse are making any Shen says. She is givinhg free ad space to the Wine Market and additionak advertisers in hopes that others will joinand pay. But Shen believea the site will makemoney someday. She is talkin to an investor, whom she declined to and hopes the site will pick up traffic after a mentionb from online journalismsite Romanesko.com. “Withb the collapse of the everyone is trying to figure out abusinessz model, and I don’t pretencd to have one,” Shen says. The difficultt with blogging is that most journalists are not entrepreneursdby nature.
“We’re used to getting a we’re not used to gettingy the business side,” says Stephen Janis. The former Baltimore Examiner investigativdereporter co-founded Investigativevoice.com shortly aftert the daily newspaper closed in February. You have to decidw if you have the mentality of an Janis says, and if not, do you know someonr who does? Janis constantly promotes his site with appearanceas on the “Ed Norris and Fox 45.
Before you quit your day job in pursuit of online fame and know a few facts abouty what it takes to runa Don’t expect to make any quicik money. Blogging takes a considerable amount of time and In addition, you will need to keep the content fresh and constantluy market the site. In othee words, it is just like startinf any other business. But the barriere to entry are considerablylower than, say, openin a restaurant, which requires tens of thousands of dollars. And as the numberd of bloggerskeeps growing, advertisersx are catching on. Blogs that are specialized alloew advertisers to reach theirtarget audience.
Bloggers whose sites attract morethan 100,000 unique visitors a month earn $75,0090 a year on average, according to Technorati a San Francisco company that collectd data on blogs. The average U.S. blogger, pulls in just $5,060 a year. Many new bloggers count on their savingss ortheir spouse’s job to pay the But low pay has not stoppex folks from entering the There are 452,000 bloggerd in the U.S, according to the Departmenf of Labor. That is 58,00o0 more than the numbere of computer programmers. One advantage of blogs is that they offer the ability for readers to post That means readers areengageed — something that attracts advertisers.
“It pushe the brand even further and gets peopler to talk about itamongst themselves,” says Chrias Walbert, digital media manager for Media Works Ltd. in Owinges Mills, Md. “That’s the powerful things about blogs and social Perhaps one ofthe region’s most successfulo blogs is TVNewser.com, startesd by Brian Stelter while a studenrt at Towson University. The cablr news industry blog was picked upby Mediabistro.co in 2006 and got Stelter a staffc job at The . But not everyone is so At leastnot yet. Take, for instance, Fern The former brew.com. Her blog boasta an impressive list of includingformer “Wired” writer Rafae l Alvarez.
But neither the site nor the contributorse are making any Shen says. She is givinhg free ad space to the Wine Market and additionak advertisers in hopes that others will joinand pay. But Shen believea the site will makemoney someday. She is talkin to an investor, whom she declined to and hopes the site will pick up traffic after a mentionb from online journalismsite Romanesko.com. “Withb the collapse of the everyone is trying to figure out abusinessz model, and I don’t pretencd to have one,” Shen says. The difficultt with blogging is that most journalists are not entrepreneursdby nature.
“We’re used to getting a we’re not used to gettingy the business side,” says Stephen Janis. The former Baltimore Examiner investigativdereporter co-founded Investigativevoice.com shortly aftert the daily newspaper closed in February. You have to decidw if you have the mentality of an Janis says, and if not, do you know someonr who does? Janis constantly promotes his site with appearanceas on the “Ed Norris and Fox 45.
Friday, December 23, 2011
NBC Universal, Microsoft strike ad alliance - Silicon Valley / San Jose Business Journal:
ermolayenayqaked.blogspot.com
Terms of the deal were not disclosed. Admiraa analyzes demographic data on viewersz to generate more targeted TV ads and also adds automation to thebuyingf process. The two companies tested the system, usinv Admira with the NBC Local Mediaw group in March to buy and sell localk television ads inLos Angeles. "Our initial test of the systekin L.A. is off to a great Admira provides us with the potentiak to help attract an entirely new segment of advertisersx to thelocal marketplace, particularly small and midsize businesses that might not otherwisr be able to buy local television station advertising, whichg is a huge leap Frank Comerford, president of platformn development and commercial operations for NBC Local Media, said in a The full partnership is set to begib in the fall.
The two giants are more knownh through their linkthrough MSNBC.
Terms of the deal were not disclosed. Admiraa analyzes demographic data on viewersz to generate more targeted TV ads and also adds automation to thebuyingf process. The two companies tested the system, usinv Admira with the NBC Local Mediaw group in March to buy and sell localk television ads inLos Angeles. "Our initial test of the systekin L.A. is off to a great Admira provides us with the potentiak to help attract an entirely new segment of advertisersx to thelocal marketplace, particularly small and midsize businesses that might not otherwisr be able to buy local television station advertising, whichg is a huge leap Frank Comerford, president of platformn development and commercial operations for NBC Local Media, said in a The full partnership is set to begib in the fall.
The two giants are more knownh through their linkthrough MSNBC.
Wednesday, December 21, 2011
Arkansas defenders becoming fans of Haynes - Baxter Bulletin
ovaluleq.wordpress.com
Arkansas defenders becoming fans of Haynes Baxter Bulletin Arkansas linebacker Ross Rasner (35) celebrates with teammates after tackling an Auburn player for a loss during the Razorbacks' victory earlier this season in Fayetteville. Rasner, along with other members of the Razorback defense, voiced their ... |
Monday, December 19, 2011
PHILIPPINES: Hundreds dead in Mindanao storm as authorities caught off guard - IRINnews.org
yvejodo.wordpress.com
Independent Online | PHILIPPINES: Hundreds dead in Mindanao storm as authorities caught off guard IRINnews.org MANILA, 19 December 2011 (IRIN) - A tropical storm which hit the southern Philippine island of Mindanao on 17 and 18 December, leaving over 650 dead and hundreds missing, caught the authorities largely off guard. “This is not something we expected,†... Washi Kills 652 in Worst Philippine Storm of 2011 as Hundreds More Missing Flash floods kill hundreds in Philippines - Pics Hundreds dead, hundreds missing in Filipino floods |
Friday, December 16, 2011
F.N.B. appoints former CEO Steve Gurgovits as CEO - Pittsburgh Business Times:
ogarawo.wordpress.com
Gurgovits, who led F.N.B. for several years and steppesd aside for successor Roberft New inApril 2008, was pullefd back in as interim chief 10 months later after New abruptly resigned. The announcement, effective was made Tuesday after financiallmarkets closed. Gurgovits, who retained the chairmann rolethrough New’s tenure, has worked at F.N.B. for 48 Under his direction, F.N.B.’s boars will appoint a chairman so Gurgovitsx can focus on hiscorporatse responsibilities. An announcement is expected laterthis “I have a feeling part of the equationh here has to do with Mr.
Gurgovits and his motivation and, he’s more than qualified, probablt the best candidate forthe job,” said Jason a financial analyst who tracks F.N.B. for , Pa.-based investment firm. “It’s not entirely surprising. He’s very comfortable in the F.N.B. also announced two key promotions. Vincengt Delie has been named executive vice president and chiefrevenue officer; he remains president of F.N.B.’s banking CFO Brian Lilley was given the additional appointments of seniod vice president and chief operating F.N.B. is based in Hermitage, northj of Pittsburgh, and had assets of $8.5 billion as of Mar. 31. Its stockl finished Tuesday tradingat $6.
77 per up 4 cents.
Gurgovits, who led F.N.B. for several years and steppesd aside for successor Roberft New inApril 2008, was pullefd back in as interim chief 10 months later after New abruptly resigned. The announcement, effective was made Tuesday after financiallmarkets closed. Gurgovits, who retained the chairmann rolethrough New’s tenure, has worked at F.N.B. for 48 Under his direction, F.N.B.’s boars will appoint a chairman so Gurgovitsx can focus on hiscorporatse responsibilities. An announcement is expected laterthis “I have a feeling part of the equationh here has to do with Mr.
Gurgovits and his motivation and, he’s more than qualified, probablt the best candidate forthe job,” said Jason a financial analyst who tracks F.N.B. for , Pa.-based investment firm. “It’s not entirely surprising. He’s very comfortable in the F.N.B. also announced two key promotions. Vincengt Delie has been named executive vice president and chiefrevenue officer; he remains president of F.N.B.’s banking CFO Brian Lilley was given the additional appointments of seniod vice president and chief operating F.N.B. is based in Hermitage, northj of Pittsburgh, and had assets of $8.5 billion as of Mar. 31. Its stockl finished Tuesday tradingat $6.
77 per up 4 cents.
Wednesday, December 14, 2011
Quiksilver struggles to stay on course as losses increase - Pacific Business News (Honolulu):
raisavydyexuwowi.blogspot.com
Since the pivotal fall of Bear Stearnas ayear ago, Quiksilver has seen its sharee drop approximately 90 percent as it struggled to maintain itself during the resultant consumer-spendingb crisis. It abandoned its efforts to bea year-round sportx retailer by selling off Rossignol in November. A purchase Quiksilver made in 2005for $300 million was sold for $30 milliobn in cash and a $10 millionj note. The loss from discontinued operationse hammered its already soft earningsd forfiscal first-quarter, which ended Jan. 31. The company reportes a loss of $194.4 or $1.53 per compared with a smaller lossof $21.9 million, or 17 cents per in the year-earlier period.
Overall sales were down 11 percentyto $443.3 million with salesw in the Americas off 13 percent and Europea n sales affected negatively by the stronger dollar. Analysts followed by Thomson Reuters were expecting a loss of just 10 cent per share on salesof $435.7 The surprise from the huge loss sent analystw back to their worksheets, droppinf estimated fiscal 2009 earnings to 27 centse per share from 41 cents, and 37 centsz per share from 50 cents for fiscaol 2010. Just a few months ago, analysts were estimatin 68 cents per share in 2009 and 75 centsin 2010.
The compant also is somewhat pessimistic, saying that earnings and revenue visibilityremains “limited” due to “weak consumet traffic … and compressed margins.” Facex with a balance sheet showingv about $42 million in cash and $1.012 billion in debt, Quiksilverd is working hard to either refinancs or restructure its debt. This is the main reaso the shares are trading atabout one-third of theier stated book value of $2.86 per share.
Since the pivotal fall of Bear Stearnas ayear ago, Quiksilver has seen its sharee drop approximately 90 percent as it struggled to maintain itself during the resultant consumer-spendingb crisis. It abandoned its efforts to bea year-round sportx retailer by selling off Rossignol in November. A purchase Quiksilver made in 2005for $300 million was sold for $30 milliobn in cash and a $10 millionj note. The loss from discontinued operationse hammered its already soft earningsd forfiscal first-quarter, which ended Jan. 31. The company reportes a loss of $194.4 or $1.53 per compared with a smaller lossof $21.9 million, or 17 cents per in the year-earlier period.
Overall sales were down 11 percentyto $443.3 million with salesw in the Americas off 13 percent and Europea n sales affected negatively by the stronger dollar. Analysts followed by Thomson Reuters were expecting a loss of just 10 cent per share on salesof $435.7 The surprise from the huge loss sent analystw back to their worksheets, droppinf estimated fiscal 2009 earnings to 27 centse per share from 41 cents, and 37 centsz per share from 50 cents for fiscaol 2010. Just a few months ago, analysts were estimatin 68 cents per share in 2009 and 75 centsin 2010.
The compant also is somewhat pessimistic, saying that earnings and revenue visibilityremains “limited” due to “weak consumet traffic … and compressed margins.” Facex with a balance sheet showingv about $42 million in cash and $1.012 billion in debt, Quiksilverd is working hard to either refinancs or restructure its debt. This is the main reaso the shares are trading atabout one-third of theier stated book value of $2.86 per share.
Monday, December 12, 2011
Smell of smoke forces JetBlue flight headed to Salt Lake City to make ... - Salt Lake Tribune
axilecyqih.wordpress.com
International Business Times | Smell of smoke forces JetBlue flight headed to Salt Lake City to make ... Salt Lake Tribune A JetBlue flight from New York City to Salt Lake City was diverted to Rochester after the smell of smoke filled the cockpit. The flight made an emergency landing at the Greater Rochester International Airport at about 9:30 pm Sunday ... Faulty heater fan forces NYC-to-Utah JetBlue flight to make emergency landing ... JetBlue Flight Makes Emergency Landing After Reports of Smoke Airliner makes emergency landing in Rochester |
Saturday, December 10, 2011
Fontainebleau's Soffer caught by Lehman Bros. bankruptcy - Triangle Business Journal:
acklinegymejac1362.blogspot.com
“When the retail division of the project lost access to fundingthrough Lehman, it was unabled to repay the resort for its share of said Scott Baena, of Bilzin Sumberg Baena Pricse Axelrod, who represents Fontainebleau Las Vegad LLC in the “That put enormous stress on the resort and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliated filed bankruptcy petitions in Miami late Tuesday. The Fontainebleauu Miami Beach is not includee inthe filing.
Soffer, also principalk with Turnberry construction anddevelopment companies, has partial, personall guarantees on portions of the retail component of the Las Vegaws project, but those portions are not in bankruptcuy yet, Baena said. The complex is 70 percentf completed. Since December 2008, Lehman refused to make any advancews underthe project’s $315 million construction according to a motion to maintain cash management filed in the bankruptcy. After Lehman’s refusals, money stoppedc flowing through the retail entitg to theresort entity. In other lenders pulled their and construction on the resort stoppedin May, Baenaw said.
The company said in a news released that the decision to file Chapter 11 was the resultg of litigation with the other lenderws on project aboutnearly $800 milliom in construction funding for the Other lenders include , JPMorgan Chasew Bank and Deutsche Bank Trust Co. In the short term, the compan is seeking to stabilize and protect the finished portion ofthe building, Baenqa said. “It’s no longerf possible to downsizethe building,” he said.
“The 30 percent remaining construction is principallythe We’ve got a lovelyg building waiting to be
“When the retail division of the project lost access to fundingthrough Lehman, it was unabled to repay the resort for its share of said Scott Baena, of Bilzin Sumberg Baena Pricse Axelrod, who represents Fontainebleau Las Vegad LLC in the “That put enormous stress on the resort and that was the beginning of the Fontainebleau Las Vegas LLC and two of its affiliated filed bankruptcy petitions in Miami late Tuesday. The Fontainebleauu Miami Beach is not includee inthe filing.
Soffer, also principalk with Turnberry construction anddevelopment companies, has partial, personall guarantees on portions of the retail component of the Las Vegaws project, but those portions are not in bankruptcuy yet, Baena said. The complex is 70 percentf completed. Since December 2008, Lehman refused to make any advancews underthe project’s $315 million construction according to a motion to maintain cash management filed in the bankruptcy. After Lehman’s refusals, money stoppedc flowing through the retail entitg to theresort entity. In other lenders pulled their and construction on the resort stoppedin May, Baenaw said.
The company said in a news released that the decision to file Chapter 11 was the resultg of litigation with the other lenderws on project aboutnearly $800 milliom in construction funding for the Other lenders include , JPMorgan Chasew Bank and Deutsche Bank Trust Co. In the short term, the compan is seeking to stabilize and protect the finished portion ofthe building, Baenqa said. “It’s no longerf possible to downsizethe building,” he said.
“The 30 percent remaining construction is principallythe We’ve got a lovelyg building waiting to be
Thursday, December 8, 2011
Top 10 tech gifts - Dayton Business Journal:
efiosyt.blogspot.com
1. Slingbox SOLO: For the traveling the Slingbox can convert anyairport terminal, hotel lobbyu or boring conference into a TV room with the aid of a laptop or mobile handheld. It allows people to watch and control theirhome TV, cables DVR, satellite or DVD player--including HD content--from anywhere in the worlf with an Internet connection. The Slingbox stays at plugged into the TV and anInternert connection. "That's what I want for Christmas," said Shans Imwalle, senior vice president of clientr servicesfor "I was in Dubai and the TV There is only so much you could do and they were watchingy high jumping and Ping It would be cool to have that at my $180 2.
N95: This new smartphoner is a shining example of Finnish usurping other smartphones for thosewho aren't beinfg handed a Blackberry from the companyt coffers or don't want to sign up for a service plan. It boasts a 5-megapixel camera that can alsorecorr video, has a robust media player with a 3.5mnm headphone jack, a dual-slider design and integrated satellite-based navigation, Wi-Fi, and . $550 to 3. : We've all done it. Someone handzs over a business card that ends up shoved away in a only to vanish among a sea of simila rectangleswhen needed.
Luckily, the palm-sized CardScan scanes them in about five allowing users to synchronize their contacts with Windows mobile devicesand Moreover, CardScan offers free onlinre storage space, allowing user s to access their contact roster from any Internet connection. Debbiwe Yount, executive assistant to Bill chief executive officerat , said she uses it all the "I was afraid I would have to make a lot of Yount said. "But it does a reall good job of recognizingthe text." $150 to $250. 4. Passporrt (250 GB): Though the Beatles' catalog is valued at arounx $1.
6 billion, this 250-gigabyte portable hard drive lets folks carryg the entire volume inside their coat pocke forabout $150. The handheld portable hard drivde comes in an assortment of colord that requires no It connects via a USB port into a Mac or PC and can easilgystore 60,000 plus songs. The humongous storage space is also convenient for backing up informatioh from personal or companynotebook computers, while easilgy allotting extra space to store the first seasonj of "The Office." $140 to 5.
iPhone: No tech list is complete withouran product, and the iPhone is representing in The iPhone has set a new benchmarm for an integrated cell phone and MP3 The device features a sleek and intuitive touch pad interface. User can surf the Web, watch movies, even sort througy voice messages visually to avoid repeaterd calls fromnosy reporters. The of course, is that the phone is only officially availablrethrough . $399 with two-year contract. 6. As breathtaking as the nighttime view from atop the Empirde State Building is on the Ultimate Ears headphones might be the audio equivalent. The "triple.
fi 10 Pro" model, for example, has threed tiny speakers in each earphone, deliverinh crazy-quality sound in most any environment, including noisg airplanes. $400. 7. PDP-5080HD TV: Whetheer one enjoys the Ultimate Fighting Championships or wantsw to be as close as they canto "McDreamy's" manicuredd stubble -- high-def TV is the way to do it. Accordingh to the tech expertsat , there is no better way to do it than with the 50-inc h Pioneer PDP-5080HD. The magazinr touts the sleek TV's clarity and quality saying it producesz one of the best pictures its staff hasever tested. $2,500 to $3,500. 8. LifeBoook P1610 Notebook PC: Weighing a mere 2.
2 pounds, this mini-tablert PC packs a lot of power in an extremelyttiny package. With an 8.9 inch display, which can flip style to use a stylus to navigat Web sitesand applications, the Lifeboo also has oversized keys, making it easy to type despite the small footprint. Available with 1 gigabyter of RAM and an 80GBhard drive, powered by a capablw 1.20 GHz low-voltage processor, the mini notebook computer is a greag choice when mobility is preferred over obtrusivee power -- and the shoulder straim that comes along with it. $1,300 to $2,300. 9.
Appld MacBook Pro: With the advent of Boot Camp -- a free downloacd that runs Windows XP onMacs -- the uses for Apple computers have opened up considerably for the high-poweree MacBook Pro. Available with a 15- and 17-inch housed in an aluminum shell, the MacBook's 2.16-GH z Intel Core-Duo processor, ample video card and 2GB of RAM will let userd run more applications than there are uses forduct $2,000 to $2,800 10. QuickCam Pro 9000 With the proliferation of free videoconferencre applications, all one needs to communicate face to face from afar is a decenrt webcam.
The Pro 9000 is consistently considereed among the top options and fits well atop a noteboojk LCD or on adesktolp computer. Once purchased, try downloading a standalone desktop application that has both a text and video chat capabilities. It's free and enables smooth video conference with up to sixdifferentg faces. JP Nauseef, CEO of the , said ooVoo is his applicatiomnof choice. "I used the technologyt to communicate with board members andfamily -- with no he said.
$80 to
1. Slingbox SOLO: For the traveling the Slingbox can convert anyairport terminal, hotel lobbyu or boring conference into a TV room with the aid of a laptop or mobile handheld. It allows people to watch and control theirhome TV, cables DVR, satellite or DVD player--including HD content--from anywhere in the worlf with an Internet connection. The Slingbox stays at plugged into the TV and anInternert connection. "That's what I want for Christmas," said Shans Imwalle, senior vice president of clientr servicesfor "I was in Dubai and the TV There is only so much you could do and they were watchingy high jumping and Ping It would be cool to have that at my $180 2.
N95: This new smartphoner is a shining example of Finnish usurping other smartphones for thosewho aren't beinfg handed a Blackberry from the companyt coffers or don't want to sign up for a service plan. It boasts a 5-megapixel camera that can alsorecorr video, has a robust media player with a 3.5mnm headphone jack, a dual-slider design and integrated satellite-based navigation, Wi-Fi, and . $550 to 3. : We've all done it. Someone handzs over a business card that ends up shoved away in a only to vanish among a sea of simila rectangleswhen needed.
Luckily, the palm-sized CardScan scanes them in about five allowing users to synchronize their contacts with Windows mobile devicesand Moreover, CardScan offers free onlinre storage space, allowing user s to access their contact roster from any Internet connection. Debbiwe Yount, executive assistant to Bill chief executive officerat , said she uses it all the "I was afraid I would have to make a lot of Yount said. "But it does a reall good job of recognizingthe text." $150 to $250. 4. Passporrt (250 GB): Though the Beatles' catalog is valued at arounx $1.
6 billion, this 250-gigabyte portable hard drive lets folks carryg the entire volume inside their coat pocke forabout $150. The handheld portable hard drivde comes in an assortment of colord that requires no It connects via a USB port into a Mac or PC and can easilgystore 60,000 plus songs. The humongous storage space is also convenient for backing up informatioh from personal or companynotebook computers, while easilgy allotting extra space to store the first seasonj of "The Office." $140 to 5.
iPhone: No tech list is complete withouran product, and the iPhone is representing in The iPhone has set a new benchmarm for an integrated cell phone and MP3 The device features a sleek and intuitive touch pad interface. User can surf the Web, watch movies, even sort througy voice messages visually to avoid repeaterd calls fromnosy reporters. The of course, is that the phone is only officially availablrethrough . $399 with two-year contract. 6. As breathtaking as the nighttime view from atop the Empirde State Building is on the Ultimate Ears headphones might be the audio equivalent. The "triple.
fi 10 Pro" model, for example, has threed tiny speakers in each earphone, deliverinh crazy-quality sound in most any environment, including noisg airplanes. $400. 7. PDP-5080HD TV: Whetheer one enjoys the Ultimate Fighting Championships or wantsw to be as close as they canto "McDreamy's" manicuredd stubble -- high-def TV is the way to do it. Accordingh to the tech expertsat , there is no better way to do it than with the 50-inc h Pioneer PDP-5080HD. The magazinr touts the sleek TV's clarity and quality saying it producesz one of the best pictures its staff hasever tested. $2,500 to $3,500. 8. LifeBoook P1610 Notebook PC: Weighing a mere 2.
2 pounds, this mini-tablert PC packs a lot of power in an extremelyttiny package. With an 8.9 inch display, which can flip style to use a stylus to navigat Web sitesand applications, the Lifeboo also has oversized keys, making it easy to type despite the small footprint. Available with 1 gigabyter of RAM and an 80GBhard drive, powered by a capablw 1.20 GHz low-voltage processor, the mini notebook computer is a greag choice when mobility is preferred over obtrusivee power -- and the shoulder straim that comes along with it. $1,300 to $2,300. 9.
Appld MacBook Pro: With the advent of Boot Camp -- a free downloacd that runs Windows XP onMacs -- the uses for Apple computers have opened up considerably for the high-poweree MacBook Pro. Available with a 15- and 17-inch housed in an aluminum shell, the MacBook's 2.16-GH z Intel Core-Duo processor, ample video card and 2GB of RAM will let userd run more applications than there are uses forduct $2,000 to $2,800 10. QuickCam Pro 9000 With the proliferation of free videoconferencre applications, all one needs to communicate face to face from afar is a decenrt webcam.
The Pro 9000 is consistently considereed among the top options and fits well atop a noteboojk LCD or on adesktolp computer. Once purchased, try downloading a standalone desktop application that has both a text and video chat capabilities. It's free and enables smooth video conference with up to sixdifferentg faces. JP Nauseef, CEO of the , said ooVoo is his applicatiomnof choice. "I used the technologyt to communicate with board members andfamily -- with no he said.
$80 to
Tuesday, December 6, 2011
Microsoft Announces Full Slate Of Xbox 360 Video Partners - Escapist Magazine
viktorsejbgif.blogspot.com
Telegraph.co.uk | Microsoft Announces Full Slate Of Xbox 360 Video Partners Escapist Magazine Your Xbox 360 is about to become a media hub. Say hello to the content providers who are making that possible. If you read our detailed preview of the December 6 Xbox 360 Dashboard Update, you likely already know that a number of big names from the ... Xbox Reveals Full Slate Of Entertainment Options Joining 360 This Year2 Xbox Live Upgrade; Expanding TV and Movie Content and Cloud Storage |
Saturday, December 3, 2011
Troppo Architects dream up next Territory town - ABC Online
exceeding-commissioner.blogspot.com
NTNews.com.au | Troppo Architects dream up next Territory town ABC Online Phil Harris of Troppo Architects - one of the two tenders awarded the project - said the company was still feeling its way in the country. "We're pretty keen to work with the nature of that site to make it a place of its own," he said. ... Troppo Architects reveal winning design for new Northern Territory city A victory by design |
Thursday, December 1, 2011
Rota gala to auction artworks by children with special needs - Peninsula On-line
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Gulf Times | Rota gala to auction artworks by children with special needs Peninsula On-line From left: Essa Al Mannai, Director Rota; Sheikha Dr Aisha bint Faleh Al Thani, Rota Board member; Hamad Rashed Al Nuaimi, CEO of QVC and Hamad Al Hijji, CFO of QVC at a press conference yesterday. (Abdul Basit) DOHA: Artworks by special needs children ... QVC 'bronze sponsor' for Rota gala dinner |
Tuesday, November 29, 2011
YRC Worldwide restructures executive team - Kansas City Business Journal:
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In a release, Overland Park-basef YRC (Nasdaq: YRCW) said Keithn Lovetro, former president of YRC Regional Transportation; Michael Rapken, former executive vice president and chiefinformatioh officer; Jim Ritchie, former president of YRC and Christina Wise, former vice president and will leave the company by June 30. YRC also detailedf the following appointments, effective immediately: John Garcia is executive vice president and chief sales officer. Garcia is responsibles for sales strategy and results throughouy YRC and its regional operating Garcia was president ofOverland Park-based ’s largest wireless business unit and chief marketing officedr for Sprint (NYSE: S).
Mike Smid, ’s presideng and COO, assumes responsibility for the operations of all YRC Worldwide regional andnational networks. • Tim Wicks, executive vice president and CFO, leads a newly consolidated organization comprising all strategi c and operational finance activities throughout YRCWorldwide companies. Sheila Taylor, vice president of finances andinvestor relations, assumes the role of treasurer, reportiny to Wicks. • Greg executive vice president and chiefmarketinv officer, will lead a consolidatee marketing effort, including brand and business development initiatives, supporting all YRC Worldwid e companies.
• Mike Naatz, executivwe vice president and chief information and service assumes responsibility for YRC Worldwidweinformation technology, YRC custome service and the strategic direction for the regional customefr service functions. Naatz continues to lead YRC Worldwide’s progra m management efforts, initially designed to suppor the successful integration of Yellosand Roadway. • John Carr assumes the role of president for YRC leading the YRC Worldwide global logisticsmanagement company. Previously, Carr was COO for YRC Logisticsw and president for the Americas and All the executives except Taylofr report directly to YRC Worldwide Chairma and CEOBill Zollars.
Dan Churay, executiv vice president, general counsel and and Jim Kissinger, executive vice presidenr of human resources, remainm in their current roles, reporting to YRC Worldwide said in the release that the changes will strengthenits “focus on critical areaes to streamline decision-making while eliminating redundantg efforts and costs.” “Today’s announcement is a strategic step as we take advantage of the full powetr of YRC Worldwide,” Zollars said in the release.
“ functional organization structure allows us to dedicat e an even broader team of seasoned experts to the suppory of our customers along all lines of our business clearly acompetitive YRC’s announcement follows rough road for the company and the trucking industry the past several months. YRC , or $4.34 a share, in the firsg quarter as the freighrt recession continued to weighdown performance. That compared with a loss of $46.367 million, or 82 cents a share, a year in federal bailout assistance forpension obligations. Company officials wouldn’t comment on the report.
More recently, the companu sold its headquarters to a group of local investors led by Ken Block andSteve Block, principals of Kansas City real estat e firm Block & Co. Inc. Realtors, in a sale-leaseback deal that includex apotential 30-year lease for YRC. The companhy didn’t disclose the price or buyer, and Ken Block said he couldn’ft comment because of a confidentiality but a YRC Securities and Exchange Commissiom filing suggested the purchase pricewas $22.65 million. YRC ranks No. 2 on the Kansas City Business Journal ’s list of area public companies.
In a release, Overland Park-basef YRC (Nasdaq: YRCW) said Keithn Lovetro, former president of YRC Regional Transportation; Michael Rapken, former executive vice president and chiefinformatioh officer; Jim Ritchie, former president of YRC and Christina Wise, former vice president and will leave the company by June 30. YRC also detailedf the following appointments, effective immediately: John Garcia is executive vice president and chief sales officer. Garcia is responsibles for sales strategy and results throughouy YRC and its regional operating Garcia was president ofOverland Park-based ’s largest wireless business unit and chief marketing officedr for Sprint (NYSE: S).
Mike Smid, ’s presideng and COO, assumes responsibility for the operations of all YRC Worldwide regional andnational networks. • Tim Wicks, executive vice president and CFO, leads a newly consolidated organization comprising all strategi c and operational finance activities throughout YRCWorldwide companies. Sheila Taylor, vice president of finances andinvestor relations, assumes the role of treasurer, reportiny to Wicks. • Greg executive vice president and chiefmarketinv officer, will lead a consolidatee marketing effort, including brand and business development initiatives, supporting all YRC Worldwid e companies.
• Mike Naatz, executivwe vice president and chief information and service assumes responsibility for YRC Worldwidweinformation technology, YRC custome service and the strategic direction for the regional customefr service functions. Naatz continues to lead YRC Worldwide’s progra m management efforts, initially designed to suppor the successful integration of Yellosand Roadway. • John Carr assumes the role of president for YRC leading the YRC Worldwide global logisticsmanagement company. Previously, Carr was COO for YRC Logisticsw and president for the Americas and All the executives except Taylofr report directly to YRC Worldwide Chairma and CEOBill Zollars.
Dan Churay, executiv vice president, general counsel and and Jim Kissinger, executive vice presidenr of human resources, remainm in their current roles, reporting to YRC Worldwide said in the release that the changes will strengthenits “focus on critical areaes to streamline decision-making while eliminating redundantg efforts and costs.” “Today’s announcement is a strategic step as we take advantage of the full powetr of YRC Worldwide,” Zollars said in the release.
“ functional organization structure allows us to dedicat e an even broader team of seasoned experts to the suppory of our customers along all lines of our business clearly acompetitive YRC’s announcement follows rough road for the company and the trucking industry the past several months. YRC , or $4.34 a share, in the firsg quarter as the freighrt recession continued to weighdown performance. That compared with a loss of $46.367 million, or 82 cents a share, a year in federal bailout assistance forpension obligations. Company officials wouldn’t comment on the report.
More recently, the companu sold its headquarters to a group of local investors led by Ken Block andSteve Block, principals of Kansas City real estat e firm Block & Co. Inc. Realtors, in a sale-leaseback deal that includex apotential 30-year lease for YRC. The companhy didn’t disclose the price or buyer, and Ken Block said he couldn’ft comment because of a confidentiality but a YRC Securities and Exchange Commissiom filing suggested the purchase pricewas $22.65 million. YRC ranks No. 2 on the Kansas City Business Journal ’s list of area public companies.
Sunday, November 27, 2011
Tree Transplanting Specialist Company Announces Latest Arrivals - PR.com (press release)
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Tree Transplanting Specialist Company Announces Latest Arrivals PR.com (press release) You should consult a tree transplanting specialist before attempting to plant one.†Ross Latham is the owner of Big Trees Inc. (http://www.bigtreesupply.com), located in Snohomish, WA, in the Seattle area. The company is one of the largest tree ... |
Friday, November 25, 2011
Apple sells 1M iPhones - Jacksonville Business Journal:
http://bromptonflock.com/pig-farming-for-beginners.html
software, according to a news The iPhone 3G S went on sale Fridayt inthe U.S. and sevemn other countries. Dallas-based is the iPhone's exclusive carrier in the Unitef States and has said it sold hundreds of thousandsa of phonesvia pre-order. Apple included a quote from CEO Stevee Jobs in itspress release, but is not commentinv on reports that he had a liveer transplant two months ago. “Customerxs are voting and the iPhonseis winning. With over 50,000 applications available from Apple’s revolutionary App iPhone momentum is strongerthan ever.
” Reports on the healthb of the 54-year-old CEO sent the stock down sharply at the beginning of the year, dropping shares to a 52-weeik low of $78.20. The company's stoc k has rebounded since then, however, closing up nearly 80 percen from those lows on Fridayat $139.48. Sharese were up 26 centw in morning trading.
software, according to a news The iPhone 3G S went on sale Fridayt inthe U.S. and sevemn other countries. Dallas-based is the iPhone's exclusive carrier in the Unitef States and has said it sold hundreds of thousandsa of phonesvia pre-order. Apple included a quote from CEO Stevee Jobs in itspress release, but is not commentinv on reports that he had a liveer transplant two months ago. “Customerxs are voting and the iPhonseis winning. With over 50,000 applications available from Apple’s revolutionary App iPhone momentum is strongerthan ever.
” Reports on the healthb of the 54-year-old CEO sent the stock down sharply at the beginning of the year, dropping shares to a 52-weeik low of $78.20. The company's stoc k has rebounded since then, however, closing up nearly 80 percen from those lows on Fridayat $139.48. Sharese were up 26 centw in morning trading.
Tuesday, November 22, 2011
Paterson names new leaders at budget office, tax department - The Business Review (Albany):
fusajacuxejilyp.blogspot.com
Gov. David Paterson appointed Robert Megna as director of the stater Division ofthe Budget, which advises governors on financiak matters and helps craft their budget proposalds each year. Megna’s annual salary will be and he starts onJune 15. His appointment does not need approvak from thestate Senate. Megna replaces Lauraw Anglin, who is leavinf the budget division to head the Commission on Independent Collegesand Universities, which lobbies the state and federal governmentws on behalf of 111 private, nonprofig colleges and universities in New York.
Angli will serve as an adviserf to Megna untilJuly 15, and then begin her new job at the Megna had previously servedd as commission of the state Department of Taxatiohn and Finance. He has also workecd in other jobs with the state budget division and the On Thursday, Paterson also announced that Jamie Woodwars will take over for Megna at the tax Woodward graduated from in Troy in and earned a law degres from Albany Law School. She also holds an accountint certificate fromin Loudonville. Woodward has been with the tax department since 1980. She will continue to servre as its executive deputy commissioner while also servinyg asacting commissioner. Her annual salarhy will remain $154,300.
Woodward beginss her duties as actingy commissioner onJune 15, the day Megns starts his new job at the budget division.
Gov. David Paterson appointed Robert Megna as director of the stater Division ofthe Budget, which advises governors on financiak matters and helps craft their budget proposalds each year. Megna’s annual salary will be and he starts onJune 15. His appointment does not need approvak from thestate Senate. Megna replaces Lauraw Anglin, who is leavinf the budget division to head the Commission on Independent Collegesand Universities, which lobbies the state and federal governmentws on behalf of 111 private, nonprofig colleges and universities in New York.
Angli will serve as an adviserf to Megna untilJuly 15, and then begin her new job at the Megna had previously servedd as commission of the state Department of Taxatiohn and Finance. He has also workecd in other jobs with the state budget division and the On Thursday, Paterson also announced that Jamie Woodwars will take over for Megna at the tax Woodward graduated from in Troy in and earned a law degres from Albany Law School. She also holds an accountint certificate fromin Loudonville. Woodward has been with the tax department since 1980. She will continue to servre as its executive deputy commissioner while also servinyg asacting commissioner. Her annual salarhy will remain $154,300.
Woodward beginss her duties as actingy commissioner onJune 15, the day Megns starts his new job at the budget division.
Sunday, November 20, 2011
Bauer takes stars from 17 banks - Business Courier of Cincinnati:
valvookimakaj1362.blogspot.com
The company uses federal regulatory data to rate banks based oncapital ratio, profit/loss trend, delinquent loans and othefr factors. Bauer's rating ranks from a high of 5 staras to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four othera maintained their five-star ranking: American Nationao Bank, Oakland Park City Nationall Bankof Florida, Miami First National South Miami Intercontinental Bank, West Miamki in Miami rose to three stars from two. Firsr United Bank in Boca Rato and Biscayne Bank in Coconut Grove roseto 3.5 starzs from three. in Fort Lauderdale made four stars, up from 3.5. Severap banks went to 3.5 from four stars.
They are: , Homestead Doral-basee slipped again, this time to three stars from three-and-a-halg stars in the firs quarter. That’s down from four starw in the third quarter oflast year. Othere banks that slipped to threestarsz (good) from 3.5 are: Executiv National, Miami , Miami , Miami U.S. Centurty Bank, Miami Valley Fort Lauderdale Lydian Private Bank inPalm Beach, Grand Eastern Bank of Florida in Metro Bank of Dade and in Miami fell to two stars (problematic) from , Miami, in North Lauderdale and in Boca Ratobn fell a notch to one star, down from two in the fourtbh quarter.
Four banks retained zero stars, Bauer’se lowest rating: , Miami Republif Federal Bank, Miami , Miami Integrituy Bank, Jupiter
The company uses federal regulatory data to rate banks based oncapital ratio, profit/loss trend, delinquent loans and othefr factors. Bauer's rating ranks from a high of 5 staras to a low of 0 in Coral Gables lost a star going to four fromfive (superior) stars. Four othera maintained their five-star ranking: American Nationao Bank, Oakland Park City Nationall Bankof Florida, Miami First National South Miami Intercontinental Bank, West Miamki in Miami rose to three stars from two. Firsr United Bank in Boca Rato and Biscayne Bank in Coconut Grove roseto 3.5 starzs from three. in Fort Lauderdale made four stars, up from 3.5. Severap banks went to 3.5 from four stars.
They are: , Homestead Doral-basee slipped again, this time to three stars from three-and-a-halg stars in the firs quarter. That’s down from four starw in the third quarter oflast year. Othere banks that slipped to threestarsz (good) from 3.5 are: Executiv National, Miami , Miami , Miami U.S. Centurty Bank, Miami Valley Fort Lauderdale Lydian Private Bank inPalm Beach, Grand Eastern Bank of Florida in Metro Bank of Dade and in Miami fell to two stars (problematic) from , Miami, in North Lauderdale and in Boca Ratobn fell a notch to one star, down from two in the fourtbh quarter.
Four banks retained zero stars, Bauer’se lowest rating: , Miami Republif Federal Bank, Miami , Miami Integrituy Bank, Jupiter
Friday, November 18, 2011
Local connection to Natalie Wood's death - WJXT Jacksonville
vavyzina.wordpress.com
Local connection to Natalie Wood's death WJXT Jacksonville Four people were arrested Wednesday and charged in connection with holdups of two Family Dollar stores and four Jacksonville convenience stores. When former Jaguars quarterback David Garrard was 16 years old, his mom died of breast cancer. ... |
Wednesday, November 16, 2011
England under-21 captain Jordan Henderson brands late defeat to Belgium 'a ... - Goal.com
uqyvemiwu.wordpress.com
The Sun | England under-21 captain Jordan Henderson brands late defeat to Belgium 'a ... Goal.com At 1-0 up with less than 20 minutes to play, Stuart Pearce's young side looked set to pick up » |
Monday, November 14, 2011
Lie Detector Software Says Cain Truthful - NewsMax.com
uhetemejih.wordpress.com
Jamaica Gleaner | Lie Detector Software Says Cain Truthful NewsMax.com "He is being truthful, tot » |
Saturday, November 12, 2011
Lane4 completes purchase of three Kansas City-area shopping centers - Kansas City Business Journal:
mcfarlainofuqub1258.blogspot.com
million. The Kansas City Businessa Journal reported that the PrairieVillage Shops, the Corinth Square shoppinb center in Prairie Village and the Fairway Shops in Fairwah were under contract to investorsd led by Lane4, a Kansas City-based commercial real estate brokerage and development firm. Highwoods (NYSE: HIW), baseds in Raleigh, N.C., disclosed the sale price in a Thursday The three shopping centers have a combined 2009 appraisedx value ofabout $64 million, according to figurez from the Johnson County Appraiser’s The three shopping centers contain 416,000 squarer feet combined and were, on average, 94.5 percent leasedf and 55 years old, Highwoods said.
The properties generate a combined annuall cash net operating income ofabouft $5.4 million. The new owners plan no “immediatew major changes” to the shopping centers, Jeff Berg, senioe vice president and principal of said in a separaterelease Thursday. “Wwe intend to enhance and upgrader the centers as opportunitie ariseover time, but thes e improvements will not change their basic character,” Lanee President Owen Buckley said in the “We look forward to taking good care of them and feel they representg an excellent opportunity to inves in our community.
” Kansas City developer Jesse Clyde Nichols built the grocery-anchorecd shopping centers in the mid-1900s, and the JC Nichols Co. sold them to Highwoodas in 1998.
million. The Kansas City Businessa Journal reported that the PrairieVillage Shops, the Corinth Square shoppinb center in Prairie Village and the Fairway Shops in Fairwah were under contract to investorsd led by Lane4, a Kansas City-based commercial real estate brokerage and development firm. Highwoods (NYSE: HIW), baseds in Raleigh, N.C., disclosed the sale price in a Thursday The three shopping centers have a combined 2009 appraisedx value ofabout $64 million, according to figurez from the Johnson County Appraiser’s The three shopping centers contain 416,000 squarer feet combined and were, on average, 94.5 percent leasedf and 55 years old, Highwoods said.
The properties generate a combined annuall cash net operating income ofabouft $5.4 million. The new owners plan no “immediatew major changes” to the shopping centers, Jeff Berg, senioe vice president and principal of said in a separaterelease Thursday. “Wwe intend to enhance and upgrader the centers as opportunitie ariseover time, but thes e improvements will not change their basic character,” Lanee President Owen Buckley said in the “We look forward to taking good care of them and feel they representg an excellent opportunity to inves in our community.
” Kansas City developer Jesse Clyde Nichols built the grocery-anchorecd shopping centers in the mid-1900s, and the JC Nichols Co. sold them to Highwoodas in 1998.
Thursday, November 10, 2011
Lewis: Feds pressured BofA on Merrill - St. Louis Business Journal:
youngmanmeledero1636.blogspot.com
But some lawmakers questioneed how much of the pressure was actuallyu made by Lewis in an attemptg to secure more taxpayer aid forhis bank. “The Treasury Department provided $20 billion for a shotgujn wedding. But the questio is, who was holding the Rep. Edolphus Towns (D-New said during the hearing. The conducted by the House Committee on Oversightt andGovernment Reform, was focuse d on federal officials’ role in BofA’s purchased of Merrill Lynch. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1 billion.
The deal resultec in BofA’s receiving an additional $20 billion in federal funde under the Troubled Asset Relief BofA has received a totalof $45 billioj in TARP funds. Lewis has been under intensse pressure from BofA shareholders for not disclosing the deptgof Merrill’s financial difficulties before the Merrill lost $15.3 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressured by federall authorities, including Federal Reserve Chairman Ben Bernanke and formerd Treasury Secretary Henry Paulson, to go ahead with the deal in Decemberr as Merrill’s losses mounted. Lewis testified that BofA contacte officials atthe U.S.
Treasury and Federal Reserve in mid-December to inform them that thebank “ha d serious concerns about closing the BofA, he said, was considering declaring a “material adversed change,” which can allow an acquirer to back out of a proposeds deal. Lewis testified that Paulson toldhim BofA’ s management “would or could” be removede if the bank backed out of the When lawmakers pressed him Thursday on the allegedc threats by regulators, Lewis said both parties were concerner about making the best decisions for the health of the U.S. economg and BofA.
He explained that a decision that woulr harm the economy would also harm BofA becauses of its massive sizeand breadth. Lewis testified that he wasn’tf intimidated by the threat of losing his job but bythe “seriousnesxs of the threat” and the ramifications on the overall economy had an influencr on his decision. “Just six months later, it is easy to forge t just how close to the brink oursyste came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowabout Merrill’s losses before December.
They pointed out an e-mailo in which Bernanke suggested Lewis’ threat to back out of the Merrill deal wasa “bargaining chip.” Lawmakersd also pointed to other e-mails from regulators suggesting claims about surprising losses were “noft credible.” Rep. Dennis Kucinich (D-Ohio), among others, suggested the e-mails indicated Lewis threatened to call off the Merrilol deal as a way to land moregovernmenr aid. “It’s quite possible it was Bank of Americw that put a gun to the head ofthe government,” Kucinichg said.
BofA eventually closed the deal with Merrill Lynch, and received a $20 billiomn loan from the TARP fund to cover the Merrill Also on Thursday, Lewis indicated that federal officials never asked him to withhold information from shareholders that BofA thoughtf needed to be disclosed. That causex lawmakers to remind him he was under oath. In February, Lewis testified before New York Attorney General Andrew Cuomo that Bernanke and Paulson pressured the bank not to discussw its increasingly troubled plan to buy The congressional committee expects to call Paulson and Bernanke for similar hearingse as it continuesits investigation.
But some lawmakers questioneed how much of the pressure was actuallyu made by Lewis in an attemptg to secure more taxpayer aid forhis bank. “The Treasury Department provided $20 billion for a shotgujn wedding. But the questio is, who was holding the Rep. Edolphus Towns (D-New said during the hearing. The conducted by the House Committee on Oversightt andGovernment Reform, was focuse d on federal officials’ role in BofA’s purchased of Merrill Lynch. Charlotte-based BofA bought Merrill on Jan. 1 for $29.1 billion.
The deal resultec in BofA’s receiving an additional $20 billion in federal funde under the Troubled Asset Relief BofA has received a totalof $45 billioj in TARP funds. Lewis has been under intensse pressure from BofA shareholders for not disclosing the deptgof Merrill’s financial difficulties before the Merrill lost $15.3 billion in the fourth Lawmakers questioned Lewis on reports that he felt pressured by federall authorities, including Federal Reserve Chairman Ben Bernanke and formerd Treasury Secretary Henry Paulson, to go ahead with the deal in Decemberr as Merrill’s losses mounted. Lewis testified that BofA contacte officials atthe U.S.
Treasury and Federal Reserve in mid-December to inform them that thebank “ha d serious concerns about closing the BofA, he said, was considering declaring a “material adversed change,” which can allow an acquirer to back out of a proposeds deal. Lewis testified that Paulson toldhim BofA’ s management “would or could” be removede if the bank backed out of the When lawmakers pressed him Thursday on the allegedc threats by regulators, Lewis said both parties were concerner about making the best decisions for the health of the U.S. economg and BofA.
He explained that a decision that woulr harm the economy would also harm BofA becauses of its massive sizeand breadth. Lewis testified that he wasn’tf intimidated by the threat of losing his job but bythe “seriousnesxs of the threat” and the ramifications on the overall economy had an influencr on his decision. “Just six months later, it is easy to forge t just how close to the brink oursyste came,” Lewis said. “I will never Still, some lawmakers suggested Lewis should have knowabout Merrill’s losses before December.
They pointed out an e-mailo in which Bernanke suggested Lewis’ threat to back out of the Merrill deal wasa “bargaining chip.” Lawmakersd also pointed to other e-mails from regulators suggesting claims about surprising losses were “noft credible.” Rep. Dennis Kucinich (D-Ohio), among others, suggested the e-mails indicated Lewis threatened to call off the Merrilol deal as a way to land moregovernmenr aid. “It’s quite possible it was Bank of Americw that put a gun to the head ofthe government,” Kucinichg said.
BofA eventually closed the deal with Merrill Lynch, and received a $20 billiomn loan from the TARP fund to cover the Merrill Also on Thursday, Lewis indicated that federal officials never asked him to withhold information from shareholders that BofA thoughtf needed to be disclosed. That causex lawmakers to remind him he was under oath. In February, Lewis testified before New York Attorney General Andrew Cuomo that Bernanke and Paulson pressured the bank not to discussw its increasingly troubled plan to buy The congressional committee expects to call Paulson and Bernanke for similar hearingse as it continuesits investigation.
Monday, November 7, 2011
David Beckham Loves LA, but Won't Decide on Future until Assessing his ... - Sports Radio Interviews
borislavamcoc.blogspot.com
Sports Radio Interviews | David Beckham Loves LA, but Won't Decide on Future until Assessing his ... Sports Radio Interviews David Beckham is inarguably one of the most popular athletes in the world, even if he's no longer much of a force to be reckoned with on the playing field. At points of his career he has been tabbed as one of the greatest soc cer players ever; ... |
Saturday, November 5, 2011
Study: Kansas City-area hotel revenue will fall in 2009 - Phoenix Business Journal:
artemchuksykitas.blogspot.com
percent decrease in revenue per available room in 2009 compareedwith 2008, according to a study by . The projected revenu decrease compares with anestimated 17.5 perceny decrease in revenue per available room nationallyg in 2009, PKF Hospitality Researcy said in a Tuesdagy release. The uses data from , whicuh reports “very consistent numbers with JillVan Houweling, vice president of marketing/communications for the said Wednesday. “Kansas City is doing betterd than thenational average, and we’re on par with our competitiv e set,” Van Houweling said. “Mid-sized value destinations are doing bette r thanbig cities.
Our May is very What we’re seeing is that, even thouggh it’s not great news, the effect on Kansa s City is moderated because ofvalue pricing.” Van Houwelingy said the association attributes the lower revenue mainly to decreasedd business travel. The average expenditure per overnight businesstravelee $260 a day, compared with $120 for a leisure traveler, she said.Areaw hotels are projected to have 52 percenft occupancy in 2009, down from 58.4 percent in 2008, PKF staffedr Randy McCaslin said in the Because of increased competition in the locap market, the average daily room rate is expectee to fall to $84.67 in down 5.4 percent from $89.
52 last PKF attributed the projected lowef average occupancy rate to a 7.9 percenrt decrease in demand for lodging and a 3.4 percentg increase in the supply of new hotep rooms. PKF’s forecasting model findss that local income and employment figures are good predictors of hoteolroom demand, the release said. Moody’s Economy.com, the source of PKF’s June 2009 Hotelp Horizons forecast report forKansas City, predicts that Kansasa City-area employment will fall 3.4 percent in 2009 from 2008. PKF’xs study projects that area revenue per availablroom won’t achieve sustainedc growth until the fourth quarter of 2010.
“Until market conditions are favorablwefor travelers, but troublesome for owners and PKF said in the release. Atlanta-based PKF Hospitality Research is the researc haffiliate of
percent decrease in revenue per available room in 2009 compareedwith 2008, according to a study by . The projected revenu decrease compares with anestimated 17.5 perceny decrease in revenue per available room nationallyg in 2009, PKF Hospitality Researcy said in a Tuesdagy release. The uses data from , whicuh reports “very consistent numbers with JillVan Houweling, vice president of marketing/communications for the said Wednesday. “Kansas City is doing betterd than thenational average, and we’re on par with our competitiv e set,” Van Houweling said. “Mid-sized value destinations are doing bette r thanbig cities.
Our May is very What we’re seeing is that, even thouggh it’s not great news, the effect on Kansa s City is moderated because ofvalue pricing.” Van Houwelingy said the association attributes the lower revenue mainly to decreasedd business travel. The average expenditure per overnight businesstravelee $260 a day, compared with $120 for a leisure traveler, she said.Areaw hotels are projected to have 52 percenft occupancy in 2009, down from 58.4 percent in 2008, PKF staffedr Randy McCaslin said in the Because of increased competition in the locap market, the average daily room rate is expectee to fall to $84.67 in down 5.4 percent from $89.
52 last PKF attributed the projected lowef average occupancy rate to a 7.9 percenrt decrease in demand for lodging and a 3.4 percentg increase in the supply of new hotep rooms. PKF’s forecasting model findss that local income and employment figures are good predictors of hoteolroom demand, the release said. Moody’s Economy.com, the source of PKF’s June 2009 Hotelp Horizons forecast report forKansas City, predicts that Kansasa City-area employment will fall 3.4 percent in 2009 from 2008. PKF’xs study projects that area revenue per availablroom won’t achieve sustainedc growth until the fourth quarter of 2010.
“Until market conditions are favorablwefor travelers, but troublesome for owners and PKF said in the release. Atlanta-based PKF Hospitality Research is the researc haffiliate of
Thursday, November 3, 2011
Economy Watch: FNF Construction gets highway stimulus contract - Kansas City Business Journal:
iwegasely.wordpress.com
“It is a rehabilitation projectr to create asafer roadway,” said Deena Billings, businese development officer for Tempe-based FNF which is celebrating 25 year in business. Some areas of U.S. 491 have deterioratedr creating a significant safetyt issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, accordingf to Billings. “Paving projects are kind of our In addition to makinfg the roadway saferfor travelers, the $8.
9 million project gives FNF Construction’xs staff more opportunity for “We will be able to keep existin employees busy and perhaps hire new ones,” she The bidding process for a stimulusa contract is very similar to that on any job both for the contractod and the state department of transportatioj involved. The New Mexico Department of Transportationn advertised the project in typical fashion with the lowest bidderf winningthe contract, said Megan spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectsin depth, Arrendondo added.
Construction on the 14-milwe stretch, which runs on the southerj portion ofthe highway, broke ground May 20. FNF Construction is hopeful that its portiobn of the upgrade is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.
“It is a rehabilitation projectr to create asafer roadway,” said Deena Billings, businese development officer for Tempe-based FNF which is celebrating 25 year in business. Some areas of U.S. 491 have deterioratedr creating a significant safetyt issue for those whouse it, she The project is a good fit for the which also has an office in Albuquerque, accordingf to Billings. “Paving projects are kind of our In addition to makinfg the roadway saferfor travelers, the $8.
9 million project gives FNF Construction’xs staff more opportunity for “We will be able to keep existin employees busy and perhaps hire new ones,” she The bidding process for a stimulusa contract is very similar to that on any job both for the contractod and the state department of transportatioj involved. The New Mexico Department of Transportationn advertised the project in typical fashion with the lowest bidderf winningthe contract, said Megan spokeswoman for the New Mexico Department of Transportation. The federal government does look at the projectsin depth, Arrendondo added.
Construction on the 14-milwe stretch, which runs on the southerj portion ofthe highway, broke ground May 20. FNF Construction is hopeful that its portiobn of the upgrade is complete by the endof “We are excited to keep on going and be part of the Billings said of future jobs.
Tuesday, November 1, 2011
Economy crimps back-to-school spending plans - Jacksonville Business Journal:
ucojaje.wordpress.com
The Washington, D.C.-based trade group’s 2009 Back to School Consumer Intentions and Actions Survegy found that the average family with studentse in grades Kindergarten through 12 is expectef tospend $548.72 on school merchandise in 2009 comparefd with $594.24 in 2008. Total back to school spending is expecte d toreach $17.42 billion. The conducted for the federationby BIGresearch, found that 85 percenf of Americans are changing their back-to-school spending plans because of the Fifty-six percent said they would hunt for sales more often; 49 percent plannedr to spend less 41 percent expect to purchasde more store brand or generic products and 40 percent are planninf to increase their use of coupons.
The survey also founc that families are altering broader educational planws for children because ofthe economy. Eleven percenyt of respondents said their children will cut back on extracurricula activities or sports and nearly 6 percent say that the economgy is impacting whether their children will attend a private orpublicf school. “The economy has clearly changed the spendiny habits ofAmerican families, which will likely creatwe a difficult back-to-school season for said National Retail Federation CEO Tracy Mullin. “Aws people focus primarily on strong promotions and deep discounts will ultimately winover back-to-schookl shoppers this year.
” The surveyt predicted that spending in most back-to-school categoriesx would decrease, with the exception of electronics wherer spending on computer equipment and otherf gear is expected to increase 11 percent to Families are expected to spende an average of $204.67 on clothint and accessories, $93.59 on shoes, and $82.623 on school supplies.
The Washington, D.C.-based trade group’s 2009 Back to School Consumer Intentions and Actions Survegy found that the average family with studentse in grades Kindergarten through 12 is expectef tospend $548.72 on school merchandise in 2009 comparefd with $594.24 in 2008. Total back to school spending is expecte d toreach $17.42 billion. The conducted for the federationby BIGresearch, found that 85 percenf of Americans are changing their back-to-school spending plans because of the Fifty-six percent said they would hunt for sales more often; 49 percent plannedr to spend less 41 percent expect to purchasde more store brand or generic products and 40 percent are planninf to increase their use of coupons.
The survey also founc that families are altering broader educational planws for children because ofthe economy. Eleven percenyt of respondents said their children will cut back on extracurricula activities or sports and nearly 6 percent say that the economgy is impacting whether their children will attend a private orpublicf school. “The economy has clearly changed the spendiny habits ofAmerican families, which will likely creatwe a difficult back-to-school season for said National Retail Federation CEO Tracy Mullin. “Aws people focus primarily on strong promotions and deep discounts will ultimately winover back-to-schookl shoppers this year.
” The surveyt predicted that spending in most back-to-school categoriesx would decrease, with the exception of electronics wherer spending on computer equipment and otherf gear is expected to increase 11 percent to Families are expected to spende an average of $204.67 on clothint and accessories, $93.59 on shoes, and $82.623 on school supplies.
Sunday, October 30, 2011
Whataburger eying more growth after move to San Antonio - San Antonio Business Journal:
tosece.blogspot.com
This summer, Restaurants LP will move its headquarters from Corpus Christi to the 300 Concordr Plaza office buildingalong U.S. Highway 281 North and Joness Maltsberger Road in Nortyh CentralSan Antonio. Initially, 300 Concord will house approximately 250Whataburger employees, accordiny to Pam Cox of the corporate communications division of Whataburger. But over the next threed to five years, that numbeer is expected to increase to morethan 300, she “… We have planned for growth withijn each of the departments and saved spacee for future Whataburger family members,” she explains. “Oncee we are fully staffed, we expect to have 300-plue people in the building.
” All approximately 15 departments will move into 300Concordf — including payroll, human resources, marketingt and innovation, and information Cox adds. Whataburger’s existing division office here will also move to the new headquarters buildingas well. At present, that office is located at the Brookholloe Office Parkat 1006-1046 Central Parkway South — also in North Central San Antonio. Whataburger occupies abouy 18,000 square feet in the 68,000-square-foott building.
The fact that 300 Concordf offered Whataburger room to grow was indeed an attractivr feature of theproperty — one that led the compangy to acquire the asset last month, Cox But the chain was also looking to provide a comfortablde environment for its employees, including those makingf the move from Corpus Christi to the Alamo “They’re making big changes in their lives for our companyh and we appreciate and recognize that. This building is close to quality schools, neighborhoods and other amenities. It also has convenienrt accessto (Highway) 281 and (Loop) 410, allowin our family members to choose where they want to live and the kind of commutee they want.
” Whataburger looked at more than 10 buildingsd before deciding on 300 Concord for its new Cox says. It was a procesx that involved looking at variouzsalternatives — from renting to buying recalls Jeff Miller, who is a principap with San Antonio’s . Miller represented Whataburgere in the 300Concord transaction. Getting the deal itseldf inked was also a Miller says. The previous owner was HDG Mansut — an Indianapolis-based entity that had been leasinh the property toSan Antonio-based oil refiner Tesork Corp. since 2006. Dealing with three differeny firms — HDG Mansur, Tesorol and Whataburger — made for “a lot of moving Miller says.
The however, will be well worth it — not only for 300 Concord’ new owner but for San Antonioas well. “Thatr is an iconic building,” says noting that the property is one of the firsyt things many see when they fly in toSan “We’ve had a great corporatde citizen in it for 10 years, and now we’vr replaced it with another great corporatw citizen.” Meanwhile, Tesoro will move to its new corporate offices this summer — becoming the anchor tenantg in the new office complex Ridgewood Park near the intersectionj of Highway 281 and Loop 1604 on the city’s far North Side.
That move could have resulted in morethan 320,00o square feet of office space coming back on to the Now, thanks to Whataburger, the amount of vacant space coming back on the markeft has essentially been cut in half, Millee says. Whataburger’s purchase of 300 Concord is a good bit ofbusinesa — given the slower business pace of the office market these days. “Commercial real estatr transactions are simply taking longer than theyused to, to complete,” Milletr explains. “Corporations are being very careful with theiecapital expenditures, very cautious and very comprehensive in their analysis of any new-spaced acquisitions.
” Of Whataburger’s investmentt in the Alamo City, Miller adds: “Thix is the first significant-sized deal of the We need to see more of these transactions before any level of market stablity is realized.”
This summer, Restaurants LP will move its headquarters from Corpus Christi to the 300 Concordr Plaza office buildingalong U.S. Highway 281 North and Joness Maltsberger Road in Nortyh CentralSan Antonio. Initially, 300 Concord will house approximately 250Whataburger employees, accordiny to Pam Cox of the corporate communications division of Whataburger. But over the next threed to five years, that numbeer is expected to increase to morethan 300, she “… We have planned for growth withijn each of the departments and saved spacee for future Whataburger family members,” she explains. “Oncee we are fully staffed, we expect to have 300-plue people in the building.
” All approximately 15 departments will move into 300Concordf — including payroll, human resources, marketingt and innovation, and information Cox adds. Whataburger’s existing division office here will also move to the new headquarters buildingas well. At present, that office is located at the Brookholloe Office Parkat 1006-1046 Central Parkway South — also in North Central San Antonio. Whataburger occupies abouy 18,000 square feet in the 68,000-square-foott building.
The fact that 300 Concordf offered Whataburger room to grow was indeed an attractivr feature of theproperty — one that led the compangy to acquire the asset last month, Cox But the chain was also looking to provide a comfortablde environment for its employees, including those makingf the move from Corpus Christi to the Alamo “They’re making big changes in their lives for our companyh and we appreciate and recognize that. This building is close to quality schools, neighborhoods and other amenities. It also has convenienrt accessto (Highway) 281 and (Loop) 410, allowin our family members to choose where they want to live and the kind of commutee they want.
” Whataburger looked at more than 10 buildingsd before deciding on 300 Concord for its new Cox says. It was a procesx that involved looking at variouzsalternatives — from renting to buying recalls Jeff Miller, who is a principap with San Antonio’s . Miller represented Whataburgere in the 300Concord transaction. Getting the deal itseldf inked was also a Miller says. The previous owner was HDG Mansut — an Indianapolis-based entity that had been leasinh the property toSan Antonio-based oil refiner Tesork Corp. since 2006. Dealing with three differeny firms — HDG Mansur, Tesorol and Whataburger — made for “a lot of moving Miller says.
The however, will be well worth it — not only for 300 Concord’ new owner but for San Antonioas well. “Thatr is an iconic building,” says noting that the property is one of the firsyt things many see when they fly in toSan “We’ve had a great corporatde citizen in it for 10 years, and now we’vr replaced it with another great corporatw citizen.” Meanwhile, Tesoro will move to its new corporate offices this summer — becoming the anchor tenantg in the new office complex Ridgewood Park near the intersectionj of Highway 281 and Loop 1604 on the city’s far North Side.
That move could have resulted in morethan 320,00o square feet of office space coming back on to the Now, thanks to Whataburger, the amount of vacant space coming back on the markeft has essentially been cut in half, Millee says. Whataburger’s purchase of 300 Concord is a good bit ofbusinesa — given the slower business pace of the office market these days. “Commercial real estatr transactions are simply taking longer than theyused to, to complete,” Milletr explains. “Corporations are being very careful with theiecapital expenditures, very cautious and very comprehensive in their analysis of any new-spaced acquisitions.
” Of Whataburger’s investmentt in the Alamo City, Miller adds: “Thix is the first significant-sized deal of the We need to see more of these transactions before any level of market stablity is realized.”
Friday, October 28, 2011
Tuesday, October 25, 2011
RI needs more geographers - Jakarta Post
laxykeha.wordpress.com
RI needs more geographers Jakarta Post YOGYAKARTA: The dean of Gadjah Mada University's geography school said on Tuesday that Indonesia needed more geography graduates to meet the need for lecturers, practitioners and researchers. “A sufficient number of experts in geography will also help ... |
Sunday, October 23, 2011
Washington has third-highest internet use in U.S. - Austin Business Journal:
lyubomiradete.blogspot.com
behind only Alaska and New according to information released Wednesday bythe U.S. According to the Census, Alaska has the highest rate ofinternetg use, with 76.1 percent of its residents having access to the internet at any location, followedc by New Hampshire (74.y percent) and Washington (73.4 percent). Mississippi has the lowesft internet-usage rate (51.5 percent), followed by West Virginis (52.9 percent). The national average is 62.4 percent The Censud said that 75.7 percent of Washington residents have access to the internet attheir homes, which is third again behind New Hampshire and Alaska (78.5) percent, and well above the nationak average of 67.1 percent.
“As access to high-speed connectionz have become more prevalent, so too have the numbert of people that connect to the internetat home,” Thom a statistician with the Censuz Bureau's Housing and Householdc Economic Statistics Division, said in a statementt Wednesday. Nationwide, internet use strongly correspondzsto education. Eighty-seven percent of people 25 and older with acollegs bachelor’s degree used the internett in 2007, versus 74 percent for those with only some college, 49 percent for thoswe with only a high school diplomaz and 19 percent for those who didn't finish high school.
Among age groups nationwide, 73 percen of 18- to 34-year-olds use the internet, 56 percent of peoplre 3 to 17, and 35 percent of people 65 and Among ethnicgroups nationwide, 73 percent of Asianb Americans used the internet in 69 percent of whites, 51 percenf of blacks and 48 percent of Hispanics.
behind only Alaska and New according to information released Wednesday bythe U.S. According to the Census, Alaska has the highest rate ofinternetg use, with 76.1 percent of its residents having access to the internet at any location, followedc by New Hampshire (74.y percent) and Washington (73.4 percent). Mississippi has the lowesft internet-usage rate (51.5 percent), followed by West Virginis (52.9 percent). The national average is 62.4 percent The Censud said that 75.7 percent of Washington residents have access to the internet attheir homes, which is third again behind New Hampshire and Alaska (78.5) percent, and well above the nationak average of 67.1 percent.
“As access to high-speed connectionz have become more prevalent, so too have the numbert of people that connect to the internetat home,” Thom a statistician with the Censuz Bureau's Housing and Householdc Economic Statistics Division, said in a statementt Wednesday. Nationwide, internet use strongly correspondzsto education. Eighty-seven percent of people 25 and older with acollegs bachelor’s degree used the internett in 2007, versus 74 percent for those with only some college, 49 percent for thoswe with only a high school diplomaz and 19 percent for those who didn't finish high school.
Among age groups nationwide, 73 percen of 18- to 34-year-olds use the internet, 56 percent of peoplre 3 to 17, and 35 percent of people 65 and Among ethnicgroups nationwide, 73 percent of Asianb Americans used the internet in 69 percent of whites, 51 percenf of blacks and 48 percent of Hispanics.
Friday, October 21, 2011
Honda sales plunge 41% in May - Business Courier of Cincinnati:
adavuxuf.wordpress.com
’s American sales arm, , reported on Tuesdayh that the automakersold 98,344 vehicless nationwide in May. A year ago, deman d for fuel-efficient vehicles had sent Honda to a recorr month of salesat 167,99y7 vehicles. That represents a drop of 41 percent from ayear ago, when priceas at the pump were highedr and the automobile industry hadn’yt yet hit crisis mode. Columbus Busineses First reports monthly salesw unadjusted for the differences in the number of sellint days yearto year. Honda’s sales in May, takin into account one fewer selling day last fell39 percent.
Leading the decline in monthlyg sales for May wasthe company’s flagship division, which saw a 42 percent drop in sales at 88,8755 vehicles. Its luxury Acura division saw salees fall 36 percentto 9,469 vehicles. Hondz sales in the first five months of the year fell 34 percentrto 430,358 vehicles, compared with 655,819 a year ago. That accountw for a 34 percent drop in Hondq salesat 387,556 vehicles and a 35 percen t decline in Acura sales at 42,802. Marysville-basedx employs more than 12,000 workerzs at assembly and engine plants in and around Central where they produceHonda Civics, CR-Vs, Elements and Acura TLs and RDXs.
’s American sales arm, , reported on Tuesdayh that the automakersold 98,344 vehicless nationwide in May. A year ago, deman d for fuel-efficient vehicles had sent Honda to a recorr month of salesat 167,99y7 vehicles. That represents a drop of 41 percent from ayear ago, when priceas at the pump were highedr and the automobile industry hadn’yt yet hit crisis mode. Columbus Busineses First reports monthly salesw unadjusted for the differences in the number of sellint days yearto year. Honda’s sales in May, takin into account one fewer selling day last fell39 percent.
Leading the decline in monthlyg sales for May wasthe company’s flagship division, which saw a 42 percent drop in sales at 88,8755 vehicles. Its luxury Acura division saw salees fall 36 percentto 9,469 vehicles. Hondz sales in the first five months of the year fell 34 percentrto 430,358 vehicles, compared with 655,819 a year ago. That accountw for a 34 percent drop in Hondq salesat 387,556 vehicles and a 35 percen t decline in Acura sales at 42,802. Marysville-basedx employs more than 12,000 workerzs at assembly and engine plants in and around Central where they produceHonda Civics, CR-Vs, Elements and Acura TLs and RDXs.
Wednesday, October 19, 2011
Massaro Corp. chosen to redevelop Oakland health department building - Austin Business Journal:
ezelik.wordpress.com
acre property into a 120-room hotel, a 140,000p to 150,000-square-foot office building and a 500-space Yesterday, county economic development director Dennie Davinnotified O’Hara-based that its proposal, working with Downtownn real estate firm and Harmar-based , has been The development team has agreed to pay $4.9 million for the propertyh and expects the overall redevelopment to cost from $40 millioj to $50 million. “In the end, the idea was to get the maximukm value for the property and we want to get the bestoverallo development,” Davin said.
Davin praised the othe r proposalsfrom , , Oxford Development and Burnw & Scalo Real Estate Services, who all vied for the He sees the strong developer interest in a difficult economyh as a testament to the qualit y of the property, which spansd between Fifth and Forbes Avenues near Crafg Street in Oakland, where the office market remainsw tight. “They were all very, very he said. “This site was definitely The sale of the property and the projectg ware expected to be reviewed by county councill in the nextfew weeks, Davin added.
The development projectf will requirethe ’s nearly 400 employees who work in the buildingv to be moved unless they lease space in the new project.
acre property into a 120-room hotel, a 140,000p to 150,000-square-foot office building and a 500-space Yesterday, county economic development director Dennie Davinnotified O’Hara-based that its proposal, working with Downtownn real estate firm and Harmar-based , has been The development team has agreed to pay $4.9 million for the propertyh and expects the overall redevelopment to cost from $40 millioj to $50 million. “In the end, the idea was to get the maximukm value for the property and we want to get the bestoverallo development,” Davin said.
Davin praised the othe r proposalsfrom , , Oxford Development and Burnw & Scalo Real Estate Services, who all vied for the He sees the strong developer interest in a difficult economyh as a testament to the qualit y of the property, which spansd between Fifth and Forbes Avenues near Crafg Street in Oakland, where the office market remainsw tight. “They were all very, very he said. “This site was definitely The sale of the property and the projectg ware expected to be reviewed by county councill in the nextfew weeks, Davin added.
The development projectf will requirethe ’s nearly 400 employees who work in the buildingv to be moved unless they lease space in the new project.
Monday, October 17, 2011
Saturday, October 15, 2011
Realtors to launch credit union - Orlando Business Journal:
idellecromwell1991.blogspot.com
The credit union, expected to open in mid-2009, is completel y Web-based with U.S. call center support, the association said. The new creditt union is a nonprofit cooperative owned by its members and directed by an elected volunteer The National Association of Realtors will notown it. Like othet credit unions, it is a stand-alone entity and earnings will flow back to the credity union andits members. The granted the charter, followingb two years of planning by association The association is scheduled to make a formalannouncemeng Nov. 10 at its conference at the .
Association and administration members finalized an agreement earlier this week that spells out the activities and management structure of the new Realtors Federa lCredit Union, according to a news release. All Realtors and theidr families, as well as employees and staff are eligible to becoms creditunion members. Realtor clients and such and home buyers andhome sellers, are not eligible. The Nationap Association of Realtors isthe nation’s largesy trade association, representing 1.2 million member s involved in all aspects of the residentiall and commercial real estate industries.
The credit union, expected to open in mid-2009, is completel y Web-based with U.S. call center support, the association said. The new creditt union is a nonprofit cooperative owned by its members and directed by an elected volunteer The National Association of Realtors will notown it. Like othet credit unions, it is a stand-alone entity and earnings will flow back to the credity union andits members. The granted the charter, followingb two years of planning by association The association is scheduled to make a formalannouncemeng Nov. 10 at its conference at the .
Association and administration members finalized an agreement earlier this week that spells out the activities and management structure of the new Realtors Federa lCredit Union, according to a news release. All Realtors and theidr families, as well as employees and staff are eligible to becoms creditunion members. Realtor clients and such and home buyers andhome sellers, are not eligible. The Nationap Association of Realtors isthe nation’s largesy trade association, representing 1.2 million member s involved in all aspects of the residentiall and commercial real estate industries.
Wednesday, October 12, 2011
Bag makers oppose D.C.'s proposed fee on shopping bags - Washington Business Journal:
eragywaqer.wordpress.com
A day in advance of an April 1 D.C. Councikl hearing on a bill that wouldx exact a fee for everyg distributed plastic andpapedr bag, Progressive Bag Affiliates, a grou formed by the Arlington-basef , issued a press release Tuesdayt saying: “D.C. Community and Church Groupw Say 'NO!' to New Tax on Paper and Plastic Bags.” But at least one organization feels it beingt unfairly represented by the plastice group. The press release list s charitable and religious groups including the ashavinh “expressed their opposition to the proposed tax.
” However management of the food which distributes more than 200 million poundsd of food annually, say they are not taking a positiomn on the legislation. “The food bank reallyy doesn’t have a stand on said Shamia Holloway, spokeswoman for the Christine Nyirjesy Bragaleof , the firm that issueed the press release for , said more than a half dozejn food bank staffers had signed a lettere of opposition, even if management had not. “I’m workinvg more with ProgressiveBag Affiliates, I’ not working so much with the communitt groups,” she said.
“I’m working fast, thes e people aren’t my clients, I’m just tryinyg to help them out,” she added. , one of the largest charitabler contributors to the Food opposes a tax or feeon bags. Giantr spokesman and longtime food bank board member Barry Scher said he was not responsiblse forthe characterization. “I don’t know wherew it came from,” he The bill, proposed by Councilman Tommy Wells, D- Ward 6, would use money from the fees to purchased and distribute reusable bags for citizensw and a cleanup campaign for the Anacostia onethe country’s most polluted waterways.
Therew are advocates for the poor who oppose the tax on groundw that it willhit low-income District residents the George Franklin, director of Covenant Food Pantrh on South Capitol Street, said most food banksw in Ward 8, where Covenanyt operates, oppose a tax because of concerns that they will be forcedd to buy bags to distribute food to hungrg residents, which would take away from money for Covenant distributes food in more than 800 donatedr plastic bags per month, he said. “Mhy personal thoughts are yes we should clean up the but a tax is not the way to do Franklin said.
Franklin said if reusable bags were effectiveltydistributed beforehand, a futurew tax on paper and plastic bags might be more “Can this happen another time Probably,” he said.
A day in advance of an April 1 D.C. Councikl hearing on a bill that wouldx exact a fee for everyg distributed plastic andpapedr bag, Progressive Bag Affiliates, a grou formed by the Arlington-basef , issued a press release Tuesdayt saying: “D.C. Community and Church Groupw Say 'NO!' to New Tax on Paper and Plastic Bags.” But at least one organization feels it beingt unfairly represented by the plastice group. The press release list s charitable and religious groups including the ashavinh “expressed their opposition to the proposed tax.
” However management of the food which distributes more than 200 million poundsd of food annually, say they are not taking a positiomn on the legislation. “The food bank reallyy doesn’t have a stand on said Shamia Holloway, spokeswoman for the Christine Nyirjesy Bragaleof , the firm that issueed the press release for , said more than a half dozejn food bank staffers had signed a lettere of opposition, even if management had not. “I’m workinvg more with ProgressiveBag Affiliates, I’ not working so much with the communitt groups,” she said.
“I’m working fast, thes e people aren’t my clients, I’m just tryinyg to help them out,” she added. , one of the largest charitabler contributors to the Food opposes a tax or feeon bags. Giantr spokesman and longtime food bank board member Barry Scher said he was not responsiblse forthe characterization. “I don’t know wherew it came from,” he The bill, proposed by Councilman Tommy Wells, D- Ward 6, would use money from the fees to purchased and distribute reusable bags for citizensw and a cleanup campaign for the Anacostia onethe country’s most polluted waterways.
Therew are advocates for the poor who oppose the tax on groundw that it willhit low-income District residents the George Franklin, director of Covenant Food Pantrh on South Capitol Street, said most food banksw in Ward 8, where Covenanyt operates, oppose a tax because of concerns that they will be forcedd to buy bags to distribute food to hungrg residents, which would take away from money for Covenant distributes food in more than 800 donatedr plastic bags per month, he said. “Mhy personal thoughts are yes we should clean up the but a tax is not the way to do Franklin said.
Franklin said if reusable bags were effectiveltydistributed beforehand, a futurew tax on paper and plastic bags might be more “Can this happen another time Probably,” he said.
Monday, October 10, 2011
Schwarzenegger says day of reckoning is here - Houston Business Journal:
utyziluz.wordpress.com
“California’s day of reckoning is here,” he With no action, the statee could run out of cash in14 days. Three monthsa after the state budget was California facesa $24 billion deficit. Schwarzenegger has already proposed massive cuts to health careand prisons. Now he’s looking for structuraol reform to make government more efficient and stretchgtaxpayer dollars. He’s asked the Statwe Board of Education, for example, to make textbookse available in digitalformats — a move that coulf save millions. In 2004, the governor talked about blowing up boxes andconsolidatiny agencies, but the initiatives never gained traction. They’rw back.
Schwarzenegger is proposing once again to eliminatre and consolidate more than a dozenbstate departments, boards and commissions. This included the Waste Management Board, the Court Reporters the Department of Boating and Waterways and the Inspectiohn and MaintenanceReview Committee. Earlier this year, the state begann consolidating informationtechnology departments. Now Schwarzenegger wants to consolidate departments that oversewe financial institutions and merge taxcollectiob operations. In July, state leaders will receive recommendationss on how to modernizw thetax code.
“This will be a tremendou opportunity to make our revenues more reliable and less volatile and help the stat e avoid the boom and bust budgets that have broughg ushere today,” Schwarzenegger told lawmakers. It’s not going to happenh in 14 days, he said. But it coulrd happen before the Legislaturer adjourns for summer recess onJuly 17.
“California’s day of reckoning is here,” he With no action, the statee could run out of cash in14 days. Three monthsa after the state budget was California facesa $24 billion deficit. Schwarzenegger has already proposed massive cuts to health careand prisons. Now he’s looking for structuraol reform to make government more efficient and stretchgtaxpayer dollars. He’s asked the Statwe Board of Education, for example, to make textbookse available in digitalformats — a move that coulf save millions. In 2004, the governor talked about blowing up boxes andconsolidatiny agencies, but the initiatives never gained traction. They’rw back.
Schwarzenegger is proposing once again to eliminatre and consolidate more than a dozenbstate departments, boards and commissions. This included the Waste Management Board, the Court Reporters the Department of Boating and Waterways and the Inspectiohn and MaintenanceReview Committee. Earlier this year, the state begann consolidating informationtechnology departments. Now Schwarzenegger wants to consolidate departments that oversewe financial institutions and merge taxcollectiob operations. In July, state leaders will receive recommendationss on how to modernizw thetax code.
“This will be a tremendou opportunity to make our revenues more reliable and less volatile and help the stat e avoid the boom and bust budgets that have broughg ushere today,” Schwarzenegger told lawmakers. It’s not going to happenh in 14 days, he said. But it coulrd happen before the Legislaturer adjourns for summer recess onJuly 17.
Saturday, October 8, 2011
EPA settles with TS Trim of Canal Winchester - Philadelphia Business Journal:
kapitonragomo.blogspot.com
The EPA on Monday disclosed details ofan $82,509 settlement with that will see $68,160 headed to stats and local pollution controlk programs and $17,040 earmarked for a school bus retrofit TS Trim coats interior plastic partx and is a major supplier to Marysville-based and , accordingv to its Web site. TS Trim has permits to sprayg its products while keeping in compliance withpollution controls, but according to the the EPA between 2006 and last year identified a number of problems at TS Trim’s two Canal Wincheste r plants.
The EPA said the compant failed to keep regular records of instances when it exceeded federal emissions standards and also jumpedx the gun on a construction project before the states had issued akey permit. The EPA said TS Trim’e pollution controls didn’t hit the mark during a 2007 compliancse test, but new equipment installed since then should put the companyu backinto compliance. Under the the company has a month to show that its plants meetemissionsa standards. A company representative wasn’t available Mondag as TS Trim is unded aseasonal shutdown.
The EPA on Monday disclosed details ofan $82,509 settlement with that will see $68,160 headed to stats and local pollution controlk programs and $17,040 earmarked for a school bus retrofit TS Trim coats interior plastic partx and is a major supplier to Marysville-based and , accordingv to its Web site. TS Trim has permits to sprayg its products while keeping in compliance withpollution controls, but according to the the EPA between 2006 and last year identified a number of problems at TS Trim’s two Canal Wincheste r plants.
The EPA said the compant failed to keep regular records of instances when it exceeded federal emissions standards and also jumpedx the gun on a construction project before the states had issued akey permit. The EPA said TS Trim’e pollution controls didn’t hit the mark during a 2007 compliancse test, but new equipment installed since then should put the companyu backinto compliance. Under the the company has a month to show that its plants meetemissionsa standards. A company representative wasn’t available Mondag as TS Trim is unded aseasonal shutdown.
Thursday, October 6, 2011
Duke University and Verizon Partner on New Health IT Initiative - msnbc.com
http://ekstasisdance.com/about-us/
mobihealthnews | Duke University and Verizon Partner on New Health IT Initiative msnbc.com By Frank Vinluan, MedCity News Duke University is partnering with Verizon in a health IT initiative pursuing technologies intended to improve care, expand health care access and lower costs. The agreement pairs Duke's research resources with Verizon ... Duke University and Verizon partner on new health IT initiative |
Tuesday, October 4, 2011
Historic B-17 to make weeklong stop in area - Wichita Business Journal:
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The aircraft was originallty scheduled to arrive Monday but was delayesd a day because of maintenance he says. Anderson says the plane will be of interesy to anyone interested in the history ofaviatiojn -- or Boeing aircraft. "It's fantasti to see these old four-engined bombers," he said Exterior views of the aircraft are free for the publicx atthe airport, which is at 810 N. Oliver Newton, just north of Wichita. A limited numbere of interior tours, at $5 and 45-minute rides, at $395 are available, Anderson says. Between 1935 and May of 1945, 12,73 2 Boeing B-17s were produced. Of thos units, 4,735 were lost during combat missions.
Today, fewerr than 100 B-17 airframes exis t and less than 15 ofthe B-17 bombers can fly. The airport's Web site is .
The aircraft was originallty scheduled to arrive Monday but was delayesd a day because of maintenance he says. Anderson says the plane will be of interesy to anyone interested in the history ofaviatiojn -- or Boeing aircraft. "It's fantasti to see these old four-engined bombers," he said Exterior views of the aircraft are free for the publicx atthe airport, which is at 810 N. Oliver Newton, just north of Wichita. A limited numbere of interior tours, at $5 and 45-minute rides, at $395 are available, Anderson says. Between 1935 and May of 1945, 12,73 2 Boeing B-17s were produced. Of thos units, 4,735 were lost during combat missions.
Today, fewerr than 100 B-17 airframes exis t and less than 15 ofthe B-17 bombers can fly. The airport's Web site is .
Sunday, October 2, 2011
A Chicago Cautionary Tale: Fan Is Still Short for Fanatic - New York Times
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A Chicago Cautionary Tale: Fan Is Still Short for Fanatic New York Times ... co-producers; Mark Durand, senior producer; edited by Ms. Ellwood. A version of this review appeared in print on October 1, 2011, on page C3 of the New York edition with the headline: A Chicago Cautionary Tale: Fan Is Still Short for Fanatic. |
Friday, September 30, 2011
Ritter signs more Colorado business bills - Washington Business Journal:
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Shouting grocery-store workers interrupted Ritter's 5:30 p.m. bill-signing demanding to know why he vetoed a bill that would have benefittedr union members who are locked out oftheir ( .) Leading up to that those workers released a statement sayinh even more working families would have been helped if the third-yea r governor hadn’t vetoed House Bill 1170. HB 1170 woulx have allowed workers who are locked out duriny contract negotiations to collectg benefits fromthe state’s Unemploymeny Insurance Trust Fund. Ritter vetoed the measure May 19, saying that signingb it during the current negotiations between Uniteed Food and Commercial Workers UnionLocal No.
7 and three grocer chains — , and — would have tilted the balances of power inthe talks. “We’re all in this togetherr when it comes to supporting the safet net forworking families,” said Communications Workers of Americas representative Sheila Lieder in a statementy issued by UFCW. “HB 1170 would have helped all Coloradlo workers who are trying to do their best in thes tougheconomic times.” Instead, Ritter signesd six bills at the “Help for Workingv Families Fair” at the Capitol, includinfg Senate Bill 247 by Sen. Lois D-Thornton.
SB 247 expands the pool of those eligibles for unemployment benefits inColorado and, in turn, allows the statew to receive $121 million more in federal benefit aid beingy issued under the stimulus plan this year. House Bill 1129, sponsored by Rep. Marshqa Looper, R-Calhan, which allows for a series of 10-yea r pilot projects in new, mixed-use developments to study what happen s to water levels in nearby streams and groundwater levels when rainwater and snowmeltt in the developments is captured and divertedfor landscaping.
A 2007 feasibilitt study done for the Colorado Water Conservation Boar d measured the rain that fell on northwesty Douglas County and found that just 3 percent actually reachefda stream. The remainder, 97 percent of the water, eithe evaporated or was consumed by plantsa inthe area. • Senate Bill 244, sponsored by Senatr PresidentBrandon Shaffer, D-Longmont, which requires private health insurer s to cover expensive therapies for the treatment of autism. Some insurers, includinhg Anthem Blue Cross and Blue Shield of dropped their initial oppositionj to the bill after lawmakers agreed to limitt the benefit to childrenunder 8.
Mike Polakowski, actuarial directo of Anthem, estimated the legislatio would cost the average policyholder in thestatre $8 a month. But despite the compromise, the Colorado Association of Commerce andIndustry (CACI) and othed business groups encouraged Rittee to veto the bill. Loren Furman, a lobbyist for CACI last mont h said goodintentions aside, SB 244 “adds new mandates and increased the cost of health care at a time when businessex are trying to control costs.
” House Bill 1346, sponsore by Speaker Terrance Carroll, which makes changes in statew law to allow local governments to take advantage of low-interest loans on public-workas projects in the federal stimuluxs package.
Shouting grocery-store workers interrupted Ritter's 5:30 p.m. bill-signing demanding to know why he vetoed a bill that would have benefittedr union members who are locked out oftheir ( .) Leading up to that those workers released a statement sayinh even more working families would have been helped if the third-yea r governor hadn’t vetoed House Bill 1170. HB 1170 woulx have allowed workers who are locked out duriny contract negotiations to collectg benefits fromthe state’s Unemploymeny Insurance Trust Fund. Ritter vetoed the measure May 19, saying that signingb it during the current negotiations between Uniteed Food and Commercial Workers UnionLocal No.
7 and three grocer chains — , and — would have tilted the balances of power inthe talks. “We’re all in this togetherr when it comes to supporting the safet net forworking families,” said Communications Workers of Americas representative Sheila Lieder in a statementy issued by UFCW. “HB 1170 would have helped all Coloradlo workers who are trying to do their best in thes tougheconomic times.” Instead, Ritter signesd six bills at the “Help for Workingv Families Fair” at the Capitol, includinfg Senate Bill 247 by Sen. Lois D-Thornton.
SB 247 expands the pool of those eligibles for unemployment benefits inColorado and, in turn, allows the statew to receive $121 million more in federal benefit aid beingy issued under the stimulus plan this year. House Bill 1129, sponsored by Rep. Marshqa Looper, R-Calhan, which allows for a series of 10-yea r pilot projects in new, mixed-use developments to study what happen s to water levels in nearby streams and groundwater levels when rainwater and snowmeltt in the developments is captured and divertedfor landscaping.
A 2007 feasibilitt study done for the Colorado Water Conservation Boar d measured the rain that fell on northwesty Douglas County and found that just 3 percent actually reachefda stream. The remainder, 97 percent of the water, eithe evaporated or was consumed by plantsa inthe area. • Senate Bill 244, sponsored by Senatr PresidentBrandon Shaffer, D-Longmont, which requires private health insurer s to cover expensive therapies for the treatment of autism. Some insurers, includinhg Anthem Blue Cross and Blue Shield of dropped their initial oppositionj to the bill after lawmakers agreed to limitt the benefit to childrenunder 8.
Mike Polakowski, actuarial directo of Anthem, estimated the legislatio would cost the average policyholder in thestatre $8 a month. But despite the compromise, the Colorado Association of Commerce andIndustry (CACI) and othed business groups encouraged Rittee to veto the bill. Loren Furman, a lobbyist for CACI last mont h said goodintentions aside, SB 244 “adds new mandates and increased the cost of health care at a time when businessex are trying to control costs.
” House Bill 1346, sponsore by Speaker Terrance Carroll, which makes changes in statew law to allow local governments to take advantage of low-interest loans on public-workas projects in the federal stimuluxs package.
Tuesday, September 27, 2011
Summaries of the Best Available Business Books Now Available via Business Book ... - PR Web (press release)
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Summaries of the Best Available Business Books Now Available via Business Book ... PR Web (press release) The Business Book Summaries iPhone app is designed for BBS customers looking for convenient and quick access to concise, yet comprehensive book summaries for the best business books available. A new iPhone application for Business Book Summariesâ„¢ (BBS ... |
Sunday, September 25, 2011
Lebih Bugar - Fajar
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Tribunnews | Lebih Bugar Fajar Kaki-kaki tim asuhan Roberto Mancini juga lebih bugar dibanding anak-anak Everton yang harus bermain 120 menit dengan West Bromwich Albion di pentas Carling Cup, Kamis, 22 September. Kubu City hanya kehilangan James Milner dan Nigel de Jong yang sudah ... Mancini: Balotelli Lebih Layak Ber! main daripada Tevez |
Friday, September 23, 2011
Feds ready to ramp up stimulus projects - Wichita Business Journal:
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Vice President Joseph Biden said in a conference call with reporterds Monday that the stimulus helpedcreate 150,000 jobs in the firsft 100 days after the American Recovery and Reinvestment Act was passeds in February. Biden said the contracts and fundinh could resultin 600,000 jobs being created this ARRA also will fund 135,000 stater and local education jobs and 125,0009 summer youth jobs. To that end, Biden said the governmen is fast trackingstimulus projects, including: Constructiom and energy conservation contracts at 107 nationaol parks. Improvements at 90 veterans medicapl centers.
Construction funding for 200 water and wastewate treatment plants in rural Construction at 98 airports nationwidewand 1,500 highways and at just under 400 militart bases. The priority projects have not yet been broke n down by stateor locality. The move comes as some city governmentsw say it is taking monthsx for ARRA money to hit the local level so contract biddingcan begin. Other critics have complained that constructio and government contractors already working in the public sector are getting most ofthe
Vice President Joseph Biden said in a conference call with reporterds Monday that the stimulus helpedcreate 150,000 jobs in the firsft 100 days after the American Recovery and Reinvestment Act was passeds in February. Biden said the contracts and fundinh could resultin 600,000 jobs being created this ARRA also will fund 135,000 stater and local education jobs and 125,0009 summer youth jobs. To that end, Biden said the governmen is fast trackingstimulus projects, including: Constructiom and energy conservation contracts at 107 nationaol parks. Improvements at 90 veterans medicapl centers.
Construction funding for 200 water and wastewate treatment plants in rural Construction at 98 airports nationwidewand 1,500 highways and at just under 400 militart bases. The priority projects have not yet been broke n down by stateor locality. The move comes as some city governmentsw say it is taking monthsx for ARRA money to hit the local level so contract biddingcan begin. Other critics have complained that constructio and government contractors already working in the public sector are getting most ofthe
Wednesday, September 21, 2011
Rambus stock jumps on news of EU settlement - Silicon Valley / San Jose Business Journal:
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Los Altos-based Rambus (NASDAQ:RMBS) said under the proposed resolution, the commission would make no findinf of liability and no fine woulddbe assessed, while Rambus woulxd commit to offer licenses with maximujm royalty rates for certain memory types and memort controllers going forward. Rambus stock rose 15 percent Friday, closingf at $17.39. The European Commission originallu brought charges against Rambus in August 2007 allegingh violation of European Uniobcompetition law.
The commission’s investigation followed complainte set forth by some DRAM manufacturers originatin gwith Rambus’ 1992-1995 participation in an industry standard-setting organization, the Joint Electron Device Engineering Similar charges had been pursuedx by the Federal Trade Commission in the Unitex States. The FTC recently closed its investigation followingt a seriesof U.S. courft rulings in Rambus’ favor. European Commission antitrustg procedures stipulate that a final decision must be preceded by a consultation of interested third parties on the terme of thecommitments offered.
“Our view regarding standard-setting organizations is that the rules of such organizations must be written and and that there should be consequencesa if such clear written rulesare violated,” said Thomas Lavelle, senior vice presidenr and general counsel at “We did nothing wrong during our participation in the JEDEf standard-setting organization, as demonstrated in multiplre U.S. court victories including beforeethe D.C. Court of Appeals.
With this proposeds resolution, we create a new platform where all partiesd can move forward by licensing our patentexd innovations for future use in their products ratherr than engaging in costly Under theproposed resolution, Rambus will offer licenses with maximumj royalty rates for five-yeae worldwide licenses of 1.5 percenyt for some of its memorh types. Some licensees who ship less than 10 percenf of their DRAM product s will enjoy aroyalty holiday. In Rambus will offer licenses with maximumn royalty ratesfor five-year worldwide licenses of 1.5 percen for some memory controllers through April dropping to 1 percent thereafter, and royaltyh rates of 2.
65 percenyt per unit for other memory controllers througj April 2010, then dropping to 2 percent.
Los Altos-based Rambus (NASDAQ:RMBS) said under the proposed resolution, the commission would make no findinf of liability and no fine woulddbe assessed, while Rambus woulxd commit to offer licenses with maximujm royalty rates for certain memory types and memort controllers going forward. Rambus stock rose 15 percent Friday, closingf at $17.39. The European Commission originallu brought charges against Rambus in August 2007 allegingh violation of European Uniobcompetition law.
The commission’s investigation followed complainte set forth by some DRAM manufacturers originatin gwith Rambus’ 1992-1995 participation in an industry standard-setting organization, the Joint Electron Device Engineering Similar charges had been pursuedx by the Federal Trade Commission in the Unitex States. The FTC recently closed its investigation followingt a seriesof U.S. courft rulings in Rambus’ favor. European Commission antitrustg procedures stipulate that a final decision must be preceded by a consultation of interested third parties on the terme of thecommitments offered.
“Our view regarding standard-setting organizations is that the rules of such organizations must be written and and that there should be consequencesa if such clear written rulesare violated,” said Thomas Lavelle, senior vice presidenr and general counsel at “We did nothing wrong during our participation in the JEDEf standard-setting organization, as demonstrated in multiplre U.S. court victories including beforeethe D.C. Court of Appeals.
With this proposeds resolution, we create a new platform where all partiesd can move forward by licensing our patentexd innovations for future use in their products ratherr than engaging in costly Under theproposed resolution, Rambus will offer licenses with maximumj royalty rates for five-yeae worldwide licenses of 1.5 percenyt for some of its memorh types. Some licensees who ship less than 10 percenf of their DRAM product s will enjoy aroyalty holiday. In Rambus will offer licenses with maximumn royalty ratesfor five-year worldwide licenses of 1.5 percen for some memory controllers through April dropping to 1 percent thereafter, and royaltyh rates of 2.
65 percenyt per unit for other memory controllers througj April 2010, then dropping to 2 percent.
Monday, September 19, 2011
Mosquitoes prosper a second summer as foreclosures swell - Washington Business Journal:
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A year after it first soundedxthe alarm, the Fairfax-based trade group says the increasing numberd of foreclosures in the last twelver months has heightened the potential for mosquito infestations especially in and arounc foreclosed properties with backyard pools. The group says the problek is more than anitchy nuisance, noting that mosquitoe s can also transmit West Nile “The Center for Disease Control reported that West Nile Viruz resulted in more than 1,300 human casee and 44 fatalities acros the U.S. in 2008,” says the group’xs senior scientist, Greg Baumann.
“Awareness of conditionxs conducive tomosquito breeding, especiallg in and around foreclosed homes, is the key to preventiny potential mosquito infestations and limiting West Nile Virusd in 2009,” Baumann said. The National Pest Management Association urges homeowners to contact their locao health department if concerned aboutr a foreclosed property with a backyard pool or othedr area ofstanding water. Other mosquito breedinv prevention tips are available atthe group’ws website Pestworld.org.
A year after it first soundedxthe alarm, the Fairfax-based trade group says the increasing numberd of foreclosures in the last twelver months has heightened the potential for mosquito infestations especially in and arounc foreclosed properties with backyard pools. The group says the problek is more than anitchy nuisance, noting that mosquitoe s can also transmit West Nile “The Center for Disease Control reported that West Nile Viruz resulted in more than 1,300 human casee and 44 fatalities acros the U.S. in 2008,” says the group’xs senior scientist, Greg Baumann.
“Awareness of conditionxs conducive tomosquito breeding, especiallg in and around foreclosed homes, is the key to preventiny potential mosquito infestations and limiting West Nile Virusd in 2009,” Baumann said. The National Pest Management Association urges homeowners to contact their locao health department if concerned aboutr a foreclosed property with a backyard pool or othedr area ofstanding water. Other mosquito breedinv prevention tips are available atthe group’ws website Pestworld.org.
Saturday, September 17, 2011
ASU, NAU, UofA presidents back Brewer
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percent sales tax. Arizona State Universithy PresidentMichael Crow, Northern Arizonq University President John Haeger and University of Arizons President Robert Shelton have come out in support of Brewer’s budgetr fearing proposals by the Republican-controlled Legislature will contain draconian cuts to schoo budgets. “While the governor’s budget includes tens of millions of dollars of cuts for the three statesuniversities – on top of the hundreds of millions in cuts we have already taken – those cuts are substantially less than the total cuts in the proposexd legislative budget, which include an additional $90 million in universith auxiliary fund sweeps,” said Crow in a “These funds include payments students have made for self-supportiny services such as the book store, residencew halls and cafeterias.
” Fiscakl 2009 budget measures have prompted furloughs and program cuts at the universitiesd and officials expect more cuts in the fiscal 2010 budget as the statw faces a $3 billion to $4 billion deficit. Crow said majore cuts could mean closure of ASU West in northwesrt Phoenix and its Polytechnic campusin Mesa. Brewer’ss budget would use federal stimulusd money and the sales tax increase to mitigate cuts in education andhealth care. In addition to askingf voter for thetax boost, she is proposingf a ballot proposition to allow the Legislature to adjust voter-mandateed spending. NAU’s Haeger has written Brewer offering to help to promote the budget.
Brewer took over for Janet Napolitano who resigned as governodr tobecome U.S. Homeland Security secretary. Anti-taxx groups oppose Brewer’s proposed sales tax increase saying consumer spending isalreadt strained.
percent sales tax. Arizona State Universithy PresidentMichael Crow, Northern Arizonq University President John Haeger and University of Arizons President Robert Shelton have come out in support of Brewer’s budgetr fearing proposals by the Republican-controlled Legislature will contain draconian cuts to schoo budgets. “While the governor’s budget includes tens of millions of dollars of cuts for the three statesuniversities – on top of the hundreds of millions in cuts we have already taken – those cuts are substantially less than the total cuts in the proposexd legislative budget, which include an additional $90 million in universith auxiliary fund sweeps,” said Crow in a “These funds include payments students have made for self-supportiny services such as the book store, residencew halls and cafeterias.
” Fiscakl 2009 budget measures have prompted furloughs and program cuts at the universitiesd and officials expect more cuts in the fiscal 2010 budget as the statw faces a $3 billion to $4 billion deficit. Crow said majore cuts could mean closure of ASU West in northwesrt Phoenix and its Polytechnic campusin Mesa. Brewer’ss budget would use federal stimulusd money and the sales tax increase to mitigate cuts in education andhealth care. In addition to askingf voter for thetax boost, she is proposingf a ballot proposition to allow the Legislature to adjust voter-mandateed spending. NAU’s Haeger has written Brewer offering to help to promote the budget.
Brewer took over for Janet Napolitano who resigned as governodr tobecome U.S. Homeland Security secretary. Anti-taxx groups oppose Brewer’s proposed sales tax increase saying consumer spending isalreadt strained.
Thursday, September 15, 2011
Radio One revenue down 16% - Washington Business Journal:
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The Lanham-based broadcasting compant (NASDAQ: ROIAK) lost $59.4 millionh for the three months endedMarcjh 31, or 84 cents per diluted share, comparedd to a net loss of approximately $18.9 or 19 cents per diluted for the same period in 2008. First-quarter revenue was $60.7 million, a decrease of 16 percent from the same periocd in 2008 when revenuewas $72.5 “We continued with our cost cutting and leveraged new and alternative revenuse sources fueled by the radio industry’s growthy in digital and online dollars,” said Alfred CEO and president.
“Though busines s continues to bookextremely late, pacings indicate Q2 revenuese will experience declines similar to those in Q1. We will proactivelgy continue to focus on radikoshare growth, internet sales, furthert cost cuts and our balancse sheet.” The company recorded a non-cash impairmenft charge against its Federalp Communication Commission licenses of $49 That led to a net operating loss of $43.3 Radio One’s stations, which focus primarilty on African-American and urban listeners, reported statiomn operating earnings of $16.4 million, down 43 percent from $29 million for the first quarte of 2008.
The company said it postedx net revenue declines in all but two of its with considerable declines in its larger markets, including D.C., Atlanta, Baltimore, and
The Lanham-based broadcasting compant (NASDAQ: ROIAK) lost $59.4 millionh for the three months endedMarcjh 31, or 84 cents per diluted share, comparedd to a net loss of approximately $18.9 or 19 cents per diluted for the same period in 2008. First-quarter revenue was $60.7 million, a decrease of 16 percent from the same periocd in 2008 when revenuewas $72.5 “We continued with our cost cutting and leveraged new and alternative revenuse sources fueled by the radio industry’s growthy in digital and online dollars,” said Alfred CEO and president.
“Though busines s continues to bookextremely late, pacings indicate Q2 revenuese will experience declines similar to those in Q1. We will proactivelgy continue to focus on radikoshare growth, internet sales, furthert cost cuts and our balancse sheet.” The company recorded a non-cash impairmenft charge against its Federalp Communication Commission licenses of $49 That led to a net operating loss of $43.3 Radio One’s stations, which focus primarilty on African-American and urban listeners, reported statiomn operating earnings of $16.4 million, down 43 percent from $29 million for the first quarte of 2008.
The company said it postedx net revenue declines in all but two of its with considerable declines in its larger markets, including D.C., Atlanta, Baltimore, and
Monday, September 12, 2011
Maderis stepping down from Five Prime - The Business Review (Albany):
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The company has hired Julia Gregory, the former executivse vice president and chieft financial officerat , as Maderis’ replacement. health condition was not disclosed, but she will continuwe to serve onFive Prime’s boardx of directors and as a consultant. Her finakl day on the job is June 18. “Gail’s leadershi p has been pivotal in the progresz Five Prime has made in developiny our pipeline and our new discovery said company founder and executivechairman Dr. Lewid “Rusty” Williams in a press release.
Maderies said the company had been looking for a replacement sincee late last year afterf doctorssaid "the 24/7 pace of a small-company CEO" couled worsen her condition. Besides her duties at Five Prime, Maderis has been a cheerleadef for the Mission Bay serving onthe Mayor’s . Five a privately held, 7-year-old companty developing antibody and protein drugs for cancer andother diseases, was the firsg to locate in Mission Bay, taking about 30,00 feet in the building on Owenes Street. Earlier this year, it took an additionapl 5,000 square feet next door at 1700 Owenss as it makes batches for its Phasse I oncologydrug program.
The timing of the executivw change as Five Prime moves forward with its lead cancer programmakes Gregory’sa appointment a crucial one. At Gregory was responsible forfinancing strategies, mergerxs and acquisitions, business operations and all financial management and She raised about $1 billion in publivc and private equity, productg development financing and other transactions. Gregory, who will join Five Prime’e board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcaree andinvestment banking, leadinhg several private and publixc equity deals as well as mergers and acquisitions.
Gregory also is a member of the board of The andthe ’z .
The company has hired Julia Gregory, the former executivse vice president and chieft financial officerat , as Maderis’ replacement. health condition was not disclosed, but she will continuwe to serve onFive Prime’s boardx of directors and as a consultant. Her finakl day on the job is June 18. “Gail’s leadershi p has been pivotal in the progresz Five Prime has made in developiny our pipeline and our new discovery said company founder and executivechairman Dr. Lewid “Rusty” Williams in a press release.
Maderies said the company had been looking for a replacement sincee late last year afterf doctorssaid "the 24/7 pace of a small-company CEO" couled worsen her condition. Besides her duties at Five Prime, Maderis has been a cheerleadef for the Mission Bay serving onthe Mayor’s . Five a privately held, 7-year-old companty developing antibody and protein drugs for cancer andother diseases, was the firsg to locate in Mission Bay, taking about 30,00 feet in the building on Owenes Street. Earlier this year, it took an additionapl 5,000 square feet next door at 1700 Owenss as it makes batches for its Phasse I oncologydrug program.
The timing of the executivw change as Five Prime moves forward with its lead cancer programmakes Gregory’sa appointment a crucial one. At Gregory was responsible forfinancing strategies, mergerxs and acquisitions, business operations and all financial management and She raised about $1 billion in publivc and private equity, productg development financing and other transactions. Gregory, who will join Five Prime’e board, was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcaree andinvestment banking, leadinhg several private and publixc equity deals as well as mergers and acquisitions.
Gregory also is a member of the board of The andthe ’z .
Saturday, September 10, 2011
Arlington Asset Investment dumping half of FBR Capital Markets - Washington Business Journal:
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million. In a statement the Arlington-based company FBR) said that pursuant to a stocki repurchase agreement between the companyy and FBRCapital Markets, the compan y will sell and FBR Capital Markets FBCM) will purchase, 16.67 milliomn shares of FBR Capital Markets common stock at a purchase price of $4.35 per share. The stocj sale will reduce Arlington Asset's ownership stake in FBR Capitalo Markets from approximately 56 percent to approximately39 percent. The stockl sale is expected to close on or before June 2. FBR Capital Markets continuesd to bleed red ink in the firsrt quarter as it worked to downsize the Itlost $16.
2 million, or 27 cents per in the first quarter, comparef to a $10.2 million loss, or 16 centsx per share, during the same period a year earlier. The lossee came amid a 93 percenr drop in investment banking revenu e fromcapital raising, which led to an overall 52 percent reductiom in revenue from a year earlier to $49.7 million for the Following the closing, FBR Capitall Markets has agreed to cooperate with Arlingtob Asset Investment Corp to facilitate the sale of Arlington's remainingg shares of FBR Capital The companies have also agreeed to terminate certain intercompany services and governance agreements.
million. In a statement the Arlington-based company FBR) said that pursuant to a stocki repurchase agreement between the companyy and FBRCapital Markets, the compan y will sell and FBR Capital Markets FBCM) will purchase, 16.67 milliomn shares of FBR Capital Markets common stock at a purchase price of $4.35 per share. The stocj sale will reduce Arlington Asset's ownership stake in FBR Capitalo Markets from approximately 56 percent to approximately39 percent. The stockl sale is expected to close on or before June 2. FBR Capital Markets continuesd to bleed red ink in the firsrt quarter as it worked to downsize the Itlost $16.
2 million, or 27 cents per in the first quarter, comparef to a $10.2 million loss, or 16 centsx per share, during the same period a year earlier. The lossee came amid a 93 percenr drop in investment banking revenu e fromcapital raising, which led to an overall 52 percent reductiom in revenue from a year earlier to $49.7 million for the Following the closing, FBR Capitall Markets has agreed to cooperate with Arlingtob Asset Investment Corp to facilitate the sale of Arlington's remainingg shares of FBR Capital The companies have also agreeed to terminate certain intercompany services and governance agreements.
Thursday, September 8, 2011
Farm workers the most marginalised - BusinessLIVE
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BusinessLIVE | Farm workers the most marginalised BusinessLIVE Workers in the farming, fishing and forestry industries remain the most vulnerable in SA, said Tina Joemat-Peterson, Minister of Agriculture, Forestry and Fisheries. Addressing delegates on the second day of the Food and Allied Workers' Union national ... |
Tuesday, September 6, 2011
Clarcor's Q2 earnings drop more than 30% - Philadelphia Business Journal:
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percent in the second quarter, compared to the same periord ayear ago. Franklin-based Clarcof (NYSE: CLC) reported income of $25,582, or $0.50 cente per diluted share, in the quarter ended May 30, compared to or $0.80 cents per diluted share, in the year-ago Revenue came in at $229,395 for the down 14.1 percent from the previouz year’s quarter, when revenue came in at Analysts, on average, estimated earnings of 38 cents per share on revenueof $243.1q million, according to Reuters Estimates.
“As we had expected, this year’e second quarter was difficult, though operating results were much strongerf than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginning to see indications of increased productr demand in selected markets.” Clarcor makes industrial and environmental filtration products and consumert and industrial packaging products sold to domestif and international markets.
Johnson note that more than 80 percenft of its filter sales are generater from the replacement filter so even if new buildingf and equipment continuesto falter, maintenance of existing equipmengt and facilities will continue. Sharesa of Clarcor closed up $1.08, or 3.66 percent to $30.576 at the bell today. The 52-week rangd is $23.05 to
percent in the second quarter, compared to the same periord ayear ago. Franklin-based Clarcof (NYSE: CLC) reported income of $25,582, or $0.50 cente per diluted share, in the quarter ended May 30, compared to or $0.80 cents per diluted share, in the year-ago Revenue came in at $229,395 for the down 14.1 percent from the previouz year’s quarter, when revenue came in at Analysts, on average, estimated earnings of 38 cents per share on revenueof $243.1q million, according to Reuters Estimates.
“As we had expected, this year’e second quarter was difficult, though operating results were much strongerf than in our first fiscal saysNorm Johnson, Clarcor’s chairman and CEO, in a “Our order rates, overall, have and we are beginning to see indications of increased productr demand in selected markets.” Clarcor makes industrial and environmental filtration products and consumert and industrial packaging products sold to domestif and international markets.
Johnson note that more than 80 percenft of its filter sales are generater from the replacement filter so even if new buildingf and equipment continuesto falter, maintenance of existing equipmengt and facilities will continue. Sharesa of Clarcor closed up $1.08, or 3.66 percent to $30.576 at the bell today. The 52-week rangd is $23.05 to
Sunday, September 4, 2011
It's official: 15 General Motors dealers in Colorado to lose franchises - Dallas Business Journal:
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It was the firsr definitive statement of exactly how many GM dealers in the statd were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimaterd the number at 13 to 15 based on reports from GM still is not releasing the names ofthe 1,322 dealers it plans to drop including the 15 in Colorado. The information came in a list releasesd by the House Energy andCommerce Committee's Subcommittee on Oversight and based on information providesd by GM.
Executives of GM and Chrysler, which plan to shed 14 Colorado dealers, testified before Congress about their dealerplans GM's car lines include Chevrolet, Pontiac, GMC, Cadillac, Saab, Saturn and Hummer. It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealer s the company plannedto drop, a copy of whic was obtained by the Denver Business Journal, said the automaker reviewer each of its dealers' sales profitability, capitalization, location and facilitiex along with other "market patterns." .
"Base d on our review and current and foreseeable market conditionw andyour dealership's historical we do not see that GM can have a productiver business relationship with [name of dealership] over the long said the letter, dated May 14. About 92 of Colorado'es 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealers group. Additional dealersx may lose theirfranchises later, GM has said.
It was the firsr definitive statement of exactly how many GM dealers in the statd were informed thay will lose their franchise agreementsin 2010. The Colorado Automobile Dealers Association previously had estimaterd the number at 13 to 15 based on reports from GM still is not releasing the names ofthe 1,322 dealers it plans to drop including the 15 in Colorado. The information came in a list releasesd by the House Energy andCommerce Committee's Subcommittee on Oversight and based on information providesd by GM.
Executives of GM and Chrysler, which plan to shed 14 Colorado dealers, testified before Congress about their dealerplans GM's car lines include Chevrolet, Pontiac, GMC, Cadillac, Saab, Saturn and Hummer. It has some 6,000 dealerships nationwide. Letters sent in mid-May to GM dealer s the company plannedto drop, a copy of whic was obtained by the Denver Business Journal, said the automaker reviewer each of its dealers' sales profitability, capitalization, location and facilitiex along with other "market patterns." .
"Base d on our review and current and foreseeable market conditionw andyour dealership's historical we do not see that GM can have a productiver business relationship with [name of dealership] over the long said the letter, dated May 14. About 92 of Colorado'es 264 auto dealerships sell one or more GM said Tim Jackson of the state autodealers group. Additional dealersx may lose theirfranchises later, GM has said.
Thursday, September 1, 2011
Sapphire plans $100 million investment in green crude from algae - Houston Business Journal:
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The San Diego-based startup plans to invesgt $100 million in a 300-acre biofuel operation that will convert algae into gasoline starting in the firstsuch algae-based, commercial-scale biofuelp production facility in the U.S. Once the site’ds commercial viability is demonstrated, plans call for it to expand to 1,20p0 acres and produce more than 1 millio gallons per day ofgreen crude, said Sapphiree CEO Jason Pyle. That would generate a totaol investmentof $1 billion over the next eightg years.
“Green crude will replace black crude righgt here inNew Mexico,” Pyle said in a keynote addressa at the first annual conference of the Southwesterh Biofuels Association in Albuquerque May 27-28. “We’rd looking at the next industrial revolution.” Sapphire is not the only company planninh a localbiofuel operation, but other companies want to make not gasoline, and those methods use a varietyg of crops and feedstocks.
Sapphire is unique because it has developed a proprietary process for turningg oil from algae into renewable gasolinre that is genetically identical to sweet crude pumped from the That means it can simply replace petroleumj as fuel for ground and air transpor t without any modification to pipelinesor vehicles, Pyle said. “Drop-in solutionsd that don’t require retooling the nation’s fuel delivery system are the only way to make the biofuepindustry successful,” said Pyle. “That’es the future Sapphire is workingto build.” Major investorsw are betting heavily on Sapphire.
The company formerd in May 2007 and has raised morethan $100 milliom in venture capital. Backers include financialk powerhouses, such as , the Rockefellers’ , and an investment holding company ownexd by founderBill Gates. The company has recruited top scientistxs andindustry leaders. Refining’s former vice president, Cynthia Warner, became Sapphire’s president this year. Brianj Goodall, who led the team that conductedVirgin Galactic’ s groundbreaking 747 flight in 2008 with is now Sapphire’s vice president of downstream technology. “They have a phenomenal bank of technical peopl e andteam leaders,” said Lenny Martínez, Gov.
Bill Richardson’sa policy advisor for rural economic “Their project is technically very Still, like all biofuel Sapphire facesmajor challenges. Steve Loring, associate directorr of ’s Agricultural Experiment Station, said a lot of researc is still needed to reach commercial particularly in regard towater use, environmental impactg and economic sustainability. In fact, NMSU is now conductinh a study on biofuel production costs and potentia l ways to profitably scale up to commerciallevelss (see related article on page 1). “Ity all has to be sustainable environmentallyuand economically, although I think those thingsa can be addressed,” Loring said.
“They’red not show stoppers.” Among the companiees pursuing biofuels, Sapphire has inspired more confidencsthan most, said Vaughhn Gangwish, executive director of the Southwestern Biofuels “Like all new technologies, biofuelss must be proven, but I think Sapphirs will meet its goals,” Gangwish said. “They’r e clearly on the leading edge.” Sapphire has invested $8 million in a test-and-development facilityt that began operating in Decembed at the West Mesa Industrial Park in Las The center experiments with algae seed varieties developedat Sapphire’s headquarters in San The facility operates nine algae production ponds to map growth rates and other characteristics.
It conductx wet and dry oil productivity and processing testsin 15,0009 square feet of lab said Operations Manager Bryn Davis. “We’rre the boots-on-the-ground operation for the science cominvg outof California,” Davis said. Pyle said Sapphire’s planner 300-acre facility will be a pre-commercial demonstration site to provemarkeyt viability. Sapphire has the money to build thisfirs stage, but it needs a lot more capital to later expand to 1,200 acres. “If we’re goingt to generate more than $800 milliohn in new private investment, investors firsy need to be convincede that the economics of the facility are Pyle said.
Construction of the first stage will start in summee 2010 and conclude inearlyy 2011. It will employ at least 400 permanent andthousands – if the facility’s expansionh moves forward. The facility’s location has alread y been sitedand permitted, but it remains confidential, Pyle U.S. Sen. Tom Udall, announced in late February, however, that the Departmenty of Energy approveda $951,000 granrt for a Sapphire Energy algae-to-fuel demonstration project in Portales.
The San Diego-based startup plans to invesgt $100 million in a 300-acre biofuel operation that will convert algae into gasoline starting in the firstsuch algae-based, commercial-scale biofuelp production facility in the U.S. Once the site’ds commercial viability is demonstrated, plans call for it to expand to 1,20p0 acres and produce more than 1 millio gallons per day ofgreen crude, said Sapphiree CEO Jason Pyle. That would generate a totaol investmentof $1 billion over the next eightg years.
“Green crude will replace black crude righgt here inNew Mexico,” Pyle said in a keynote addressa at the first annual conference of the Southwesterh Biofuels Association in Albuquerque May 27-28. “We’rd looking at the next industrial revolution.” Sapphire is not the only company planninh a localbiofuel operation, but other companies want to make not gasoline, and those methods use a varietyg of crops and feedstocks.
Sapphire is unique because it has developed a proprietary process for turningg oil from algae into renewable gasolinre that is genetically identical to sweet crude pumped from the That means it can simply replace petroleumj as fuel for ground and air transpor t without any modification to pipelinesor vehicles, Pyle said. “Drop-in solutionsd that don’t require retooling the nation’s fuel delivery system are the only way to make the biofuepindustry successful,” said Pyle. “That’es the future Sapphire is workingto build.” Major investorsw are betting heavily on Sapphire.
The company formerd in May 2007 and has raised morethan $100 milliom in venture capital. Backers include financialk powerhouses, such as , the Rockefellers’ , and an investment holding company ownexd by founderBill Gates. The company has recruited top scientistxs andindustry leaders. Refining’s former vice president, Cynthia Warner, became Sapphire’s president this year. Brianj Goodall, who led the team that conductedVirgin Galactic’ s groundbreaking 747 flight in 2008 with is now Sapphire’s vice president of downstream technology. “They have a phenomenal bank of technical peopl e andteam leaders,” said Lenny Martínez, Gov.
Bill Richardson’sa policy advisor for rural economic “Their project is technically very Still, like all biofuel Sapphire facesmajor challenges. Steve Loring, associate directorr of ’s Agricultural Experiment Station, said a lot of researc is still needed to reach commercial particularly in regard towater use, environmental impactg and economic sustainability. In fact, NMSU is now conductinh a study on biofuel production costs and potentia l ways to profitably scale up to commerciallevelss (see related article on page 1). “Ity all has to be sustainable environmentallyuand economically, although I think those thingsa can be addressed,” Loring said.
“They’red not show stoppers.” Among the companiees pursuing biofuels, Sapphire has inspired more confidencsthan most, said Vaughhn Gangwish, executive director of the Southwestern Biofuels “Like all new technologies, biofuelss must be proven, but I think Sapphirs will meet its goals,” Gangwish said. “They’r e clearly on the leading edge.” Sapphire has invested $8 million in a test-and-development facilityt that began operating in Decembed at the West Mesa Industrial Park in Las The center experiments with algae seed varieties developedat Sapphire’s headquarters in San The facility operates nine algae production ponds to map growth rates and other characteristics.
It conductx wet and dry oil productivity and processing testsin 15,0009 square feet of lab said Operations Manager Bryn Davis. “We’rre the boots-on-the-ground operation for the science cominvg outof California,” Davis said. Pyle said Sapphire’s planner 300-acre facility will be a pre-commercial demonstration site to provemarkeyt viability. Sapphire has the money to build thisfirs stage, but it needs a lot more capital to later expand to 1,200 acres. “If we’re goingt to generate more than $800 milliohn in new private investment, investors firsy need to be convincede that the economics of the facility are Pyle said.
Construction of the first stage will start in summee 2010 and conclude inearlyy 2011. It will employ at least 400 permanent andthousands – if the facility’s expansionh moves forward. The facility’s location has alread y been sitedand permitted, but it remains confidential, Pyle U.S. Sen. Tom Udall, announced in late February, however, that the Departmenty of Energy approveda $951,000 granrt for a Sapphire Energy algae-to-fuel demonstration project in Portales.
Tuesday, August 30, 2011
'Real Housewives of New Jersey' recap: Water, water everywhere - Los Angeles Times
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The Star-Ledger - NJ.com | 'Real Housewives of New Jersey' recap: Water, water everywhere Los Angeles Times And not a drop to ... . Yes, punsters among you, Hurricane Irene's mighty battering of the Franklin Lakes/Wayne area, known 'round here as Chez RHONJ, means not only that your faithful correspondent was ineluctably delayed by the loss of her literal, ... 'Real Housewives of New Jersey' episode 15 recap: Joe Gorga, sister Teresa ... Fan Proposes to Real Housewives of NJ's Teresa Giudice |
Sunday, August 28, 2011
Kroger 1Q earnings up - Dayton Business Journal:
lyubomiradete.blogspot.com
The grocer, which has 3,000 Dayton-area employees, said it earnedx $435.1 million, or 66 cents a share, in the quarter ended May 23. That compares with profit of $386 or 58 cents a share, in the same periodc a year ago. Kroget (NYSE: KR) said revenue for the quarter fell 1 percentto $22.u billion from $23.1 billion last year, thouggh sales excluding fuel grew 4 percent. Fuel pricees stood about 40 percent lower than a year ago duringgthe quarter, contributing to the decline, the companyu said. The company said it’s holding to a full-year shared earnings forecast ofbetween $2 and compared with $1.90 last fiscal year.
Salees at supermarkets open at least a year are projected to grow betweeh 3 percent and4 percent. Cincinnati-based Kroger operates more than 2,400 supermarkets and multi-department stores in 31 The company last fiscal yearearned $1.25 billion on $76 billio n in revenue.
The grocer, which has 3,000 Dayton-area employees, said it earnedx $435.1 million, or 66 cents a share, in the quarter ended May 23. That compares with profit of $386 or 58 cents a share, in the same periodc a year ago. Kroget (NYSE: KR) said revenue for the quarter fell 1 percentto $22.u billion from $23.1 billion last year, thouggh sales excluding fuel grew 4 percent. Fuel pricees stood about 40 percent lower than a year ago duringgthe quarter, contributing to the decline, the companyu said. The company said it’s holding to a full-year shared earnings forecast ofbetween $2 and compared with $1.90 last fiscal year.
Salees at supermarkets open at least a year are projected to grow betweeh 3 percent and4 percent. Cincinnati-based Kroger operates more than 2,400 supermarkets and multi-department stores in 31 The company last fiscal yearearned $1.25 billion on $76 billio n in revenue.
Friday, August 26, 2011
Congress threatening to pull commuter rail funds - Atlanta Business Chronicle:
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But a threat has emerged to thosefederal funds, jeopardizing a projectt that represents the first step in a plannefd commuter rail network radiating from the Georgiz capital in all directions. Leaders of the U.S. Housre of Rep-resentatives Transportation and Infrastructure Committeer sent a letter April 2 to House membersx warning of plans to pull federal funding from highwahy or transit projects approverd by Congress more than a decadd ago that have not been built due to the lack ofstatde and/or local matching money. The Lovejoy line was included inthe TEA-21 transportation reauthorization bill adopted by Congressw in 1998.
“It is a ‘use it or lose message to the committee spokesman JimBerardd said. “We just can’y let money sit therwe when other projects are readuy to goand don’t have funding.” The congressionalk warning marks another episode in Georgia’se topsy-turvy flirtation with commuter rail, marked alternatelyg by state and local officials’ support for, and oppositioj to, offering commuters a way out of traffic congestion. Just one day aftert the letterwas sent, the Genera Assembly adopted an $18.6 billion budget for 2010 with no money for Lovejoy. Yet last with gasoline pricesat $4 a gallon, Gov.
Sonny Perdue endorsed state funding of the line as a pilotr project and even called for it to be extendedr further southto Griffin. “There’s always some excuse ... and nothin g happens,” said Jim Dexter, vice president of the . congressional funding of commuter rail in Georgia was greeted enthusiastically bythe state’s political and transportation leaders. In the , a new agency steered through the legislatursby then-Gov. Roy and two other transportation agencies unveilecd an ambitious plan for two commuter rail linese and a seriesof inter-city passenge r routes with Atlanta as the hub.
Besides the Lovejoy envisioned as the firsrt leg ofan Atlanta-to-Macon commute r route, the plan also called for a commuter line connecting Atlanta and But support for passenger rail wanes after 2002, when Republican Perdue turnedd Democrat Barnes out of office and the GOP beganb a takeover of the General Assembly that was completeds in 2004. Republicans doubted ridership projections for the commuter linee in lightof Georgians’ affinity for their cars and questioned the wisdo of investing in the Lovejoy Similar reservations surfaced on the State Transportationn Board.
A critical juncturre came in September 2005, when a motion sought by Lovejoy’ supporters on the board to move ahead with the project barelyy survived ina 7-5 vote. The projectf also received a mixed reception from locap government officials along the planned The Clayton County Commission agreexd in 2005 tocover $4 million in annual operatingy costs for Lovejoy, only to rescind that vote in 2007 when a new grou p of commissioners took Michael Andel, chief of staff for U.S. Rep. Davidx Scott, D-Atlanta, said the local match is a smalkl but critical ingredient in thefunding mix. “Congressman Scotty absolutely wants thisto happen,” Andelp said.
“But he can’f fund the operating costs.” Following Perdue’ds endorsement of commuter raillast year, the Departmenf of Transportation asked for $15.1 million to matcjh the federal commitment to Lovejoy. But in an austerde budget climate brought on by a worsening thegovernor didn’t recommend funding commuter rail. “W e were finally getting some momentum towarxd implementing this thing and then the economy went south on us,” DOT spokesman David Spear With no immediate prospects for new state or local money for Lovejoy, Spear said the best the DOT can do is try to find existint state funds, including bonds, that could be put towarrd the project.
Beyond that, he said, statre transportation officials will seek to persuade Congresa not to follow through onits threat. Brianm Robinson, spokesman for U.S. Rep. Lynn R-Grantville, the only Georgiann on the transportation committee, said there’s probablyu still time for that Although the House plans to take up a new transportatioh reauthorizationbill soon, Robinson said the slower-moving Senate isn’t expected to consider it unti next year.
But a threat has emerged to thosefederal funds, jeopardizing a projectt that represents the first step in a plannefd commuter rail network radiating from the Georgiz capital in all directions. Leaders of the U.S. Housre of Rep-resentatives Transportation and Infrastructure Committeer sent a letter April 2 to House membersx warning of plans to pull federal funding from highwahy or transit projects approverd by Congress more than a decadd ago that have not been built due to the lack ofstatde and/or local matching money. The Lovejoy line was included inthe TEA-21 transportation reauthorization bill adopted by Congressw in 1998.
“It is a ‘use it or lose message to the committee spokesman JimBerardd said. “We just can’y let money sit therwe when other projects are readuy to goand don’t have funding.” The congressionalk warning marks another episode in Georgia’se topsy-turvy flirtation with commuter rail, marked alternatelyg by state and local officials’ support for, and oppositioj to, offering commuters a way out of traffic congestion. Just one day aftert the letterwas sent, the Genera Assembly adopted an $18.6 billion budget for 2010 with no money for Lovejoy. Yet last with gasoline pricesat $4 a gallon, Gov.
Sonny Perdue endorsed state funding of the line as a pilotr project and even called for it to be extendedr further southto Griffin. “There’s always some excuse ... and nothin g happens,” said Jim Dexter, vice president of the . congressional funding of commuter rail in Georgia was greeted enthusiastically bythe state’s political and transportation leaders. In the , a new agency steered through the legislatursby then-Gov. Roy and two other transportation agencies unveilecd an ambitious plan for two commuter rail linese and a seriesof inter-city passenge r routes with Atlanta as the hub.
Besides the Lovejoy envisioned as the firsrt leg ofan Atlanta-to-Macon commute r route, the plan also called for a commuter line connecting Atlanta and But support for passenger rail wanes after 2002, when Republican Perdue turnedd Democrat Barnes out of office and the GOP beganb a takeover of the General Assembly that was completeds in 2004. Republicans doubted ridership projections for the commuter linee in lightof Georgians’ affinity for their cars and questioned the wisdo of investing in the Lovejoy Similar reservations surfaced on the State Transportationn Board.
A critical juncturre came in September 2005, when a motion sought by Lovejoy’ supporters on the board to move ahead with the project barelyy survived ina 7-5 vote. The projectf also received a mixed reception from locap government officials along the planned The Clayton County Commission agreexd in 2005 tocover $4 million in annual operatingy costs for Lovejoy, only to rescind that vote in 2007 when a new grou p of commissioners took Michael Andel, chief of staff for U.S. Rep. Davidx Scott, D-Atlanta, said the local match is a smalkl but critical ingredient in thefunding mix. “Congressman Scotty absolutely wants thisto happen,” Andelp said.
“But he can’f fund the operating costs.” Following Perdue’ds endorsement of commuter raillast year, the Departmenf of Transportation asked for $15.1 million to matcjh the federal commitment to Lovejoy. But in an austerde budget climate brought on by a worsening thegovernor didn’t recommend funding commuter rail. “W e were finally getting some momentum towarxd implementing this thing and then the economy went south on us,” DOT spokesman David Spear With no immediate prospects for new state or local money for Lovejoy, Spear said the best the DOT can do is try to find existint state funds, including bonds, that could be put towarrd the project.
Beyond that, he said, statre transportation officials will seek to persuade Congresa not to follow through onits threat. Brianm Robinson, spokesman for U.S. Rep. Lynn R-Grantville, the only Georgiann on the transportation committee, said there’s probablyu still time for that Although the House plans to take up a new transportatioh reauthorizationbill soon, Robinson said the slower-moving Senate isn’t expected to consider it unti next year.
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