Thursday, September 30, 2010

Financial services take center stage - Washington Business Journal:

http://eaglgymnastics.net/page/Ipad-Testers---How-To-Get-A-Free-Ipad-By-Apple-Tod.html
From commercial, education and mortgage lending to privates equity andventure capital, local financial firms are among the fastest-growingf companies on the Washington Businessz Journal's list of the region's 100 bigges t public companies. It all startsw at the top. leadd this year's list, generating 2006 revenue of slightly morethan $43 Not long ago, the mortgage financer giant was embroiled in an accounting scandal that causexd it to restate about $5 billiobn in earnings from 2000 to 2002. Becaus of resulting delays in itsfinancial reporting, the McLean-basedx company didn't qualify for the Washington Businessw Journal's list of the top 100 publicf companies last year.
Freddie Mac's reclaiming of its No. 1 positiom reflects what economists view as a burgeoning economic catalyst forthe "Most Americans believe Freddie Mac, , and otherxs are still agencies of says regional economist Anirban Basu. "They are largr enough to be government agencies, but they are private-sector I think this reminds us of how importanr finance has become to the economuy of theWashington area." To put thingsx into perspective, at the beginning of the decadse about a half-dozen businesses involved in financial service s were on the Business Journal's list, collectively generating abou t $41 billion in annual revenue for 1999.
This finance, investment and banking companies reportedabout $70 billion in combined revenue in 2006. This despite the fact that Freddiew Mac's cousin, D.C.-based mortgage finance compantyFannie Mae, is not on this year's list because it is stilp tardy with its financial reporting. The revenue growt among finance companies on thethis year's when compared with 1999, is impressive. Freddie Mac's for one, soared from $3.3 billionm to $43 billion over the past seven During thesame stretch, Reston-based Sallied Mae saw its revenue climv from about $3 billion to nearly $9 billion.
McLean-baserd , which has expanded from its core credift card businessto banking, reported revenue of more than $15 billio n last year, up from $2.6 billion in 1999. Arlington-based jumped from revenuw of $123 million to about $1 billion in the same time Several companies, such as Bethesda-based and Arlington-basede , weren't even on the list seven years ago. "Financee has become a bread-and-butter in the Washington area, says Basu, who is chairmanh and CEO of SagePolicy Group, a Baltimore-based economicf and policy consulting firm. Chevy Chase-based , a commercialk lending and investment company, moved up 12 spots, supportes by an 84 percent revenue gain from ayear ago.
Americajn Capital Strategies rose10 spots, as its revenue jumped 55 percent. The Bethesdq investment business commits capital to companies in a varietytof industries, and this diversity has supportecd American Capital's strong performance. "Aq flood of money has been out saysWachovia Corp. senior economist Mark Vitner. Biotech, healtj care, telecommunications and hospitality companies joined stalwarts in the defensd and real estate sectors to round out most of the rest of thetop 100. Apartf from finance, perhaps the biggest buzz in the locakl economy over the past few years surrounds biotech andhealth care.
The concentration of drug and diagnosticd companies, particularly along the Interstate 270 corridor inMontgomerty County, has helped fuel growth in the region's economgy as a handful of companies have brought products to markeft that generate hundreds of millions of dollars in "It's the payoff of havinfg clusters" of companies concentrated in one part of the Vitner says. Two of the most profitable biotech companiexs in theWashington area, Silver Spring-base and Gaithersburg-based , are among the biggest moverd up the list from a year ago. United Therapeutica sells a drug for pulmonary arterial hypertension that hasdone well.
Digende sells a test for detecting a viru s that is the main cause ofcervicao cancer. A Dutch company recently agreed to buy Digenrefor $1.6 billion, part of a trenfd of international companies scooping up local biotechs. Health care servicesw is anotherhot space, as the baby boomerd population starts to retire, the cost of medicin e goes up and more people find themselves withouyt insurance. Rockville-based , a pharmacy benefit management company, showed 2006 revenue 83 percent higher than theprevioue year. HealthExtras has made severak acquisitions of late and has also grown throughcontracr wins.
Leading the telecom sector, Reston-base d is the list's runner-up for the seconed straight year. Although its revenue grew to $41 billion from nearlyu $29 billion, the number of employees afte r the 2005 merger with Nextel droppedfrom 79,900 to Two of the biggest moversz in telecommunications experienced strong revenud growth. D.C.-based , which is awaiting federal approval to merge withNew York-basedc , climbed 10 places on 67 perceng revenue growth.

Wednesday, September 29, 2010

University of Florida third in athletic revenue - Phoenix Business Journal:

http://krakovany.sk/folklorhistoria.htm
UF generated the third-highest revenue in collegre football and in overallsports earnings, accordinfg to a report Monday in Street & Smith’zs SportsBusiness Journal. SportsBusiness Journal, citing Equity in Athletics Disclosure Act said UFreported $66.1 milliohn in football revenue in 2007-2008, behind only the ($72.9 and rival ($67.1). Texas was also the overal l top sports earnerwith $120.3 million generated from all athletic Ohio State was second with $117.9 million and Florida was thirr with $106 million. UF won colleg e football national championships after the 2006 and 2008regulare seasons, and won back-to-back men’s basketball national titlesw in 2006 and 2007.
Other Southern school s ranking in the top 20 in overall sportserevenues were: (7th, $89.3 million), (8th, $88.9 million), $88.8 million) and (12th, $84.2 million). Other Southeastern Conference schools among the top 10 earners in football wereAuburn (No. 6 with $59.7 million), Alabama (No. 8 with $57.e million) and LSU (No. 10 with $52.7 The remaining top 10 teams in footballrevenuese were: (No. 4 with $65.23 million), (No. 5 with $59.8 million), (No. 7 with $ 57.4 and (No. 9 with 53.8 million). SportsBusiness Journalk is a sister publicatiomn of the JacksonvilleBusinesd Journal.

Monday, September 27, 2010

Commercial construction expected to lag in 2010 - Baltimore Business Journal:

http://bloggmen.com/?m=20100413
The ’s Consensus Construction Forecast reported nonresidentiak construction is expected to drop by 16 percentr in 2009 and by anotheer 12 percentin 2010, said a news “This nonresidential downturn is shaping up to be the deepesft decline in nonresidential activity in over a said Kermit Baker, chief economisrt for the AIA. “However, we’re beginninv to see some moderatioh in the trends in design billingsx atarchitecture firms, so we hopefullyy are nearing the bottom of this • Retail construction is expected to drop 28 percent in 2009 and by nearlhy 13 percent in 2010.
• Hotel constructionb will drop by nearly 26 percenr in 2009 and by nearly 17 percentin 2010. Office buildings are expectedr to decrease by nearly 22 percent this year and by more than 17 percengtnext year. • Industrial facilities construction is expected to drop by a fraction of a percentr in 2009 and by nearly 29 percentfin 2010. “Commercial facilitiesx such as hotels, retail establishments and officee will feel the declinemost dramatically,” said Baker. “The institutionall market will fare much better as stimulus fundin g becomes availablefor education, health care and government facilities.
” Amusement and recreation is expected to drop nearly 21 percenrt in 2009 and by more than 8 percenr in 2010. • Construction of religious facilities shoulx fall by nearly 11 percent in 2009 and by nearlty 7 percentin 2010. • Education construction is projected to decreas by more than 8 percent this year and by a fractionn of a percentnext year. • Construction of health care facilities is expected to dropby 1.5 percen in 2009 and by a fraction of a percent in 2010. • Public safety construction is expectef torise 1.7 percent in 2009 and drop a fractiom of a percent in 2010.

Sunday, September 26, 2010

Duffie joins Littler Mendelson - Baltimore Business Journal:

http://wallpapers-dj.com/Ferrari_GTB_side_vide-5212.html
Duffie has been practicing employment and laborf law for37 years. Duffie was a managinhg partner ofHunton & Williams’ Atlanta office and later co-head for the firm’zs Labor and Employment practice. He also was a foundingh attorney of in 1978 and remained thereuntip 1988. Duffie represents companies in various industries includinghealth media, transportation and manufacturing. “Traywick is, unquestionably, one of the most accomplisher labor and employment lawyers in the saidCameron Pierce, office managing shareholdedr of Littler’s Atlanta office, in a statement.
“Notf only is he highly regarded in the Atlantalegakl community, but he brings a depth of experience and knowledgre that will provide tremendous value to our His significant experience as a triak lawyer, complex litigator and traditionalo labor lawyer will be a great resourcer for both our clients and the othe r attorneys in the firm.”

Friday, September 24, 2010

Nov. 8 trial date set in Oakland editor's death - San Jose Mercury News

http://adamswatersheds.org/conclusion.html


Nov. 8 trial date set in Oakland editor's death

San Jose Mercury News


8 trial date for two men accused of murdering an Oakland newspaper editor three years ago. However, Superior Court Judge Morris Jacobson on Thursday said ...



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Thursday, September 23, 2010

Thomson Reuters Forms GRC Unit - WebCPA

http://verwa.ru/index.php?newsid=17011


Thomson Reuters Forms GRC Unit

WebCPA


By WebCPA Staff Thomson Reuters has created a new governance, risk and compliance business unit bringing together its Complinet, Paisley, Westlaw Business, ...


Thomson Reuters Launches Governance, Risk and Compliance Business Unit

PR Newswire (press release)



 »

Tuesday, September 21, 2010

Minneapolis / St. Paul Business Journal: Starting a Business : Business Advice

http://www.dvadestudio.com/?p=1469
Opportunity No. 1: Professionalize your business structure and I frequently harangue the owners of growing familt owned companies about the need to converrt from aMom ‘n Pop business styler to a fully professional style, with a missiojn statement, a strategic plan to guide an organizational chart and job written policies and procedures, affordable benefits, and agreement on how to changee ownership and management without undue confusionh or conflict. The process can get a bit thorny sometimes, but with strong commitment, a family can professionaliz e successfully. This should be the year for your Challenge No.
1: Respond to unforeseejn business and familyfinancial demands. The 2008 economyt had the finances of many family companies flapping like bed sheetw ina windstorm. Lots of people can be leaders when timesare good, but it takesz a special person to lead when times are rough. Cash eroding markets and a near collapsew of faith in the future are challenging many busines s owners to keep their heads on to cut costs without cuttingtheir throats, and to remainh optimistic when it’s tempting to turn companh resources into personal safety nets. Opportunity No.
2: Make crucial succession decisions and act on John Davis of Harvard Business School urgea family companies to plan when the timedare good. But planninbg often has to be done even when timesare bad. Leadershipp and ownership succession always profits from a fresh look at what the familuy business needs for continued When conditions are callinyg for reviews and revisions in many succession planning can benefit from theanalysis that’x being done for other reasons. Challenge No. 2: Make cruciall succession decisions and act on On theother hand, thoughtful planning for familyt ownership continuity can be warpes by a sense of crisis brought on by tougg economic conditions.
If temporary conditionsd make you wonder if the business really is a it might be hard to see the characteristics that have made it successfu l in years past and that should be maintained into the Keep acool head. Opportunity No. 3: Buy low. What’sx Warren Buffet’s current advice to stocok investors? Buy! That perspective can be translated into goldejn opportunities for family owned companies that have a comfortable reserve and can affors the risk of expanding at the bottom of the If you have the meansto buy, the prices are not likel to get much better. Challenge No. 3: Avoid selling low.
But if you’rre an acquisition target and prefere tostay independent, put up ever y ounce of fight you have to avoid sellingb at the bottom of the market. Actually, family owned business often have greate ability to withstand tough times because they can hunker down and live off the land without being harassed byoutside shareholders. Grit your teetg and lean into the wind. Opportunity No. 4: Watcb for the opening of new businessw doors. President-elect Obama has promiseed to stimulate the economy outsidd of bloated corporations and flounderin gfinancial institutions.
That can mean new business opportunitieas for family companies in such areas as infrastructur rebuildingand defense. If you don’gt know how to pursue governmengt contracts, this would be a good time to Challenge No. 4: Grow your businesxs in a tightcredit environment. The bankerd are likely to keep wearingtheir “Just Say No” T-shirts for much of 2009. That meanx owners of family businesses of all typea and sizes should grab their bootstraps and find ways to grow and diversifgythat don’t rely on the formal financial industry. Look for familyg members and friends who have the meansw and the confidence to lend orbuy in.
Consider turninbg some unproductive assets into needed But don’t go to your credit Opportunity No. 5: Make even the greatest challenge intoan OK, maybe every cloud doesn’tt come with a built-in silver But the business-owning family that has sound core values, and its eyes on the horizon can convert even the uncertainties of 2008 into a pathwau upward in 2009. Try it and see.
And when you look back on all this and remember you read ithere

Monday, September 20, 2010

St. Thomas University Selected as a National Partner to the Cristo Rey Network

http://www.sheladiaindia.com/air-purification-with-home-air-conditioners
The Cristo Rey initiative seek to formalize and deepen strategidc relationships with colleges and universities committed to ensuringh college success for Cristo ReyNetworm students. "This partnership is an importang aspectof St. Thomas University fulfillinvg its missionof 'Developing Leadersz for Life.' Cristo Rey students represent the future of this nationh and we are honored to partne r in the preparation of the next generation of worlr leaders. The Cristo Rey network students will be an important addition to our already diverses and talentedstudent body," said St. Thomas Universityg President Monsignor .
The Cristo Rey Network, foundef in 2002, comprises 22 schools - servingf more than 5,300 students - and uses an innovative work-studyh model to provide a college prep education to economically challenged younb men and women in urban communitiea across theUnited Ninety-five percent of Cristio Rey students are racial minorities; 34 percentf are African American and 55 percent are Ninety-nine percent of the Network's 2008 graduates were accepted in a two or four year For more information .
President Casale remarked "As our nation repositions itself to meet our curreneconomic challenge, as well as domestic and internationakl threats, the education of those in our most economically disadvantaged communities is paramount. This is why St. Thomas University is committed to our partnershilp with the CristoRey Network. We can truly strengthen our nation through investment in our most precious our youth." As a St. Thomas University will provide academic leadership training, intercultural development, servicew learning experiences and retention St. Thomas University has been developing leadersz for almost50 years.
Last President Obama named former STU alumnus ambassadotr to theHoly See, representing the Unite States of America. For more information on St. Thomas academix programs and financial aid opportunities that includer funding for minority studenta that excel in the sciences and pleasevisit . SOURCE St. Thomasw University

Sunday, September 19, 2010

Small-business index gains in April - Puget Sound Business Journal (Seattle):

uvepexatawus.blogspot.com
points in April, with a majorithy of business owners expecting the economgy to improve over the next three to six The percentage of small business owners who are optimisti about the economy jumped 24 pointd inthe ' monthly survey. Salews expectations, which hit a record low in improved by20 points. Scores for six other indicators also enabling the index to riseto 86.8 — stillp far below 100, the level that reflects smalo business conditions in 1986. NFIB Chief Economist Willian Dunkelbergcautioned “the improved numbers were stilol very low,” so “no immediatwe turnabout” is likely for the economy.
About 30 percent of smalol businesses reduced employment over the pastthree months, comparedd with 4 percent that increased the size of theirr work force. “It appears that ownersw are not through withtheir labor-basexd cost cutting,” Dunkelberg said. A net 14 percenty of small-business owners reported that loans were hardeto get, the highest readinbg since the recession of the early

Friday, September 17, 2010

Forbes: Denver is America

viktorevaikubuwo.blogspot.com
“While the majority of the nation’s housing markets are still working towarda bottom, some cities are boastinyg fundamentals that make them good places to buy a home Forbes reported this week. Phoenix was ranked No. 2 on the Forbeas list, followed by San Diego and Los Angeles. The Forbes rankings seem geared more towardeach market’x current and future potential as a place to buy a since some of the citiesx at or near the top of the list are amonbg those hardest hit by the The report ranked the 25 largestr U.S.
metro areas on the basis of change in price persquare foot, frequency of real-estate transactions, and how evenlgy distributed home-sales activity is in a metrlo area. “Denver tops the list,” Forbesx said. “It had 25 percent of its propertyg sales occur within approximately 25 percent ofthe city’s ZIP This means sales in various parts of the city were fairluy evenly distributed, showing proportionate activity. The further a city deviates from the 25percent mark, the less evenly distributed the markett is in that city, and thus the lower that city Forbes also determined that average price per squares foot of housing spacr increased 5.
7 percent in Denver between February and Marcyh of this year, and that transactions decreases 8.4 percent between March 2008 and March 2009, less of a drop than many “Denver scores very well in terma of being able to bring peoplw into a stable housing market,” the magazine quoted Moody’s economisty Christopher Cornell as saying. “It has bettet growth potential than mostcities today.” Forbes listed Las Vegas, Cleveland, Seattle and Detroitr at the bottom of the 25 “There, distressed sales have kept home values down and buyeras away,” Forbes said.
It’s the seconed time in as many months that Denver has held the top spot in a rankintof real-estate potential. On May 19, Denvert was named America’s No. 1 city on the verge of recovery . Real estat e expert Barbara Corcoran, a regular guesf on the show, said Denver more than any other U.S. city is “clearlyy on a rebound.” Forbes drew its data from March 2009 RPX Monthlyy HousingMarket Report, distributed by Radar Logic a New York-based derivatives firm. .

Thursday, September 16, 2010

Gold fever strikes mom and pop prospectors - Reuters

gardellaorymiid1354.blogspot.com


Reuters


Gold fever strikes mom and pop prospectors

Reuters


Resort owner Jon Cummings demonstrates how to pan for gold in the North Fork Salmon River on the Salmon-Challis National Forest in Idaho in this July 12, ...



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Tuesday, September 14, 2010

Nationwide Arena sale under discussion - Business First of Columbus:

hibleyytogoja1273.blogspot.com
Preliminary talks have been held between Blue Jacketes and FranklinCounty officials, state legislators and Nationwide Insurance executives over helping the National Hockeyu League club solve its economic problems, Columbusw Business First has learned. One option under discussioh calls for the county to buythe 18,000-seat arena from Nationwides so the team can work toward gettingv a better lease. The issue is likely to come to a head in coming weekx as lawmakers decide whether to grant Franklib County the authority to impose or seek voter approvalo for an increase in alcohol and tobaccoexcise taxes.
Such a provisiojn could be added to the state budgetr bill that the General Assembl y must pass byJune 30. Proceeds from a higher “sih tax” could provide a revenue streamj for the county to tap to retire debt on bondws it would issue to finance an arena according to people involved inthe Ohio’s beer and wine tax rateds stand at 18 centas and 32 cents a gallon, respectively. There is also a $1.25t state tax on a pack of cigarettes. Bettee deal for team? Nationwide Arenaq is owned by a partnership of Nationwide Insuranc e and DispatchPrinting Co., with the insurer holding a 90 percenr stake.
The Blue Jackets lease the nine-year-old arena and operat e it, but revenue from events isn’t covering operating costs, said Blue Jacketds President Mike Priest. That’se forcing the club to take money from hockey operationds to make up the he said. The formula worked in the earluy years ofthe franchise, when the team’ s player payroll was lower and game attendance was higher, Priestt said, but it has contributes to financial losses the Blue Jackets have sufferef in recent years. The club has lost a combines $80 million over the past seven “We have a building financial issue,” Priest “That leads to a team financia issue.
If we can fix the building we can fix theteam problem.” Team officials are explorinbg whether county ownership of the arena coulds result in favorable changezs to the Blue Jackets’ operating Priest said. A county agency – the Convention Facilities Authority – owns the land under the arena and the nearbt Greater ColumbusConvention Center. The county also owns Huntington the home of the Columbus Clippers in theArena District. “The countg has not agreed to do anything,” Priest “Nothing has been concluded.
” Commissioners are aware of what the Blue Jacketsw are proposing but have not taken a position on buyinfthe arena, said county Administrator Don Brown. The county coulde not afford to buy the buildingv unless a revenue stream was guaranteedx to retire bond debt that would go witha purchase, he Officials also would need to examine the Blue finances, lease terms and revenues from non-hockey events such as The club likely would be askede to sign a long-term lease to ensure it remainxs in Columbus, Brown said. “Without a covenantg or guaranteelike that,” he said, “Ij doubt the county would be interested.
It would not make businesds sense to take on ownership withouy being assured of ananchor tenant.” Public-private partnerships involving professional sports arenas and stadiums are Priest said. For example, tax revenue from alcohool and tobacco sales was used in Cuyahoga County to help finance construction of a basketball arenw for the Cleveland Cavaliers and a baseballo stadium for the Indians inthe 1990s. Columbuzs went the opposite route in 1997 aftert voters defeated a tax proposal to fund constructioh of adowntown arena. Nationwide and Dispatch owner of the Columbus Dispatch and othetrmedia operations, stepped in to buil the $150 million arenza when Worthington Industries Inc.
founder John H. McConnell led an investorsa group that landed an NHL franchise forthe city. The privatelt owned Blue Jackets, whose majority owner is Worthington Industries CEOJohn P. haven’t disclosed details of the team’a finances. But media reports have put the team’s lease on Nationwides Arena at morethan $3 million a Priest said the Blue Jackets gave up severalo revenue sources to help get the arena including 15 of the arena’s 52 luxury suited that were sold for 25 years by The team gets revenu e from the remaining luxury suites, but receives no revenue from parking or arenw naming rights, he said.
Priest was asked if the Blue Jacketd would consider leaving Columbus if the arenwa issue isnot resolved. “The very reason we are bein g so proactive,” he said, “is to avoic having to deal with that questionand issue. I believre as a community we have the ability to find a Nationwide has participated in discussionseon “public-private opportunities” for the Blue Jackets, including a sale of the said Eric Hardgrove, a spokesman for the Columbus-baser insurer. “We are not actively looking to sellthe arena,” he “It is one of the many options under consideration to help ensur e the Blue Jackets remain a viable presence here for yearsw to come.

Monday, September 13, 2010

Dublin officials tout

vasilisaxavymar.blogspot.com
During an annual state of the city addresaMonday evening, Dublin Finance Director Marcia Grigsby said the city brought in 4.4 percent more incom e tax revenue last year than in 2007. “Which, in this she said, “is something other people woulfd loveto say.” The $70.2 million in tax revenue came primarilg from payroll withholdings from employees workiny in Dublin. Grigsby said 40 percenrt of the city’s income tax base comes from employers with fewer than100 workers, somethintg she credited to efforts to attract more smalpl businesses to diversity the city’s revenue base from , and othee high-profile corporate denizens.
Overall, she said city economic-developmenyt officials have secured business expansions and relocations that promises to create 662 jobs and retainanothetr 1,052. Examples last year included Cardinap Health’s headquarters expansion, the opening of , and a new officde campus for under constructioh onEmerald Parkway. Dublin City Manager Terry Foegler, a former Dublin developmenyt director hired last month aftet several yearsrunning ’s , said officials will monitotr the city’s finances throughout 2009 because of the dire economic straits many businesses find themselves in. The city has forecasft a deficitfor 2009, after posting a $4.
6 milliomn operating surplus last year, but Grigsbu said officials typically underestimate revenue during budgeting to controol spending. The city then uses surpluses on capital projectsor services. She said Dublij hasn’t run an operating deficitt inthe 20-plus years she has worked for the

Saturday, September 11, 2010

Feds: Regions, other big banks must report business loan activity - Birmingham Business Journal:

http://www.linkwin.info/index.php?s=D&c=489
The Birmingham bank, which received $3.5 billion in capitaol from thebailout package, is amon a roster of banking giant that will have to adhere to the new rulees backed by the Obamqa administration. The also will requir e all banks to report their totap lending to small businessesevery quarter, instead of just once a Bob Dickerson, executive director of the , said banks shoulds become more aggressive in their role to help the economg bounce back.
“This is one way of sayin g that, hey, if you are goingh to take theTARP money, then you are going to have to fullyt participate in the nation’s economic recoveruy by providing loans to small businesses,” he Banks doling out loans to small businessezs amid trying times is just as important as the $700 billiom bailout package was to help bolsted the broken financial system, he said. Reporting the numberss on a regular basis will hold the financiapl institutions more accountable and help create a more positiver attitude about loans available inthe market, said Rod lender relations specialist for the ’s .
“The perception now is that bankxs arenot lending,” he said. “The SBA is tryingf to get banksto lend.” Regions spokesman Tim Deighton said the company does report its businesd lending on a regular basis, but the term “small business” is defined on a bank-by-bank basis, he said. For a small bank might consider $1 millionm in sales a small while a larger bank might consider a businesswith $5 milliomn in sales a small business. “It’ws a matter of definition,” he said. U.S. Treasuryy Secretary Tim Geithner said banks should help clea up theeconomic rubble.
“We need every bank in the country to do everythingh in their power to provide the credit that small businessesd needto operate, expans and add jobs,” Geithner said. “You need to make the extra efforft to make sure that good loans are gettingh to creditworthy small businesses in order to serv the larger public good of movintg this nationtowards recovery. “And given the role many banks playe in causingthis crisis, you bear a speciall responsibility for helping America get out of Geithner said. Giovanni Coratolo, executive director of the ’es small and mid-market councils, praised the new reporting requirementsafor banks.
“You can’t fix what you can’y measure,” Coratolo said. Transparency will increase pressur e on banks to lend to small he said. Plus, “it alloww small businesses to see what banks are lending and what banks are he added.

Friday, September 10, 2010

Mighty performance from Quinn - Herald Sun

http://www.spinneret.net/authors/author-1375.html


Mighty performance from Quinn

Herald Sun


Whilst the mile rate of 1.58.3 was two seconds outside of Washakie's track record Im Themightyquinn was privately timed to run his 800 ms in a sizzling 54.7 ...



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Wednesday, September 8, 2010

Free buses bring Chapel Hill livability award - Minneapolis / St. Paul Business Journal:

http://cogizz.com/index.php?s=D&c=428
The home of the , Chapel Hill beat out more than 200 municipalitiea across the nation to claima first-place City Livability Award. Chapepl Hill won for cities with populationws of fewerthan 100,000. Charleston, won for cities with populations of morethan 100,000. The contestg was judged on three criteria: mayoral creativity and innovation, and the broaed impact on the quality of life for The U.S. Conference of Mayors honored Chapeol Hill for its decision in 2002 to no longert charge fares to any rideer on itsbus system, the organization said in a pres release.
While many bus systemsx in collegetowns don’t charge studentsx and faculty to a scant few provide free service to all riders. The town implemented the fare-fre system to encourage people to take the bus and leavew their carsat home. The plan worked. Ridershipl on Chapel Hill transit has more than doubled since fares were eliminated going from 3 million in 2002 to a projectesd 7 millionthis year. “Thee Chapel Hill Public Transit system is the foundation of oursustainabl future,” Foy said in a press “This bus system makes Chapel Hill continue to be the kind of placew people love; for us it is an investment and it has paid off big time.
” The town says it is plannin a “community event” to celebrate the livability awarxd and that it will release details soon.

Tuesday, September 7, 2010

Audit shows surplus decline at Pinnacol - Kansas City Business Journal:

http://articlenlinkdirectory.com/authors/author-3384.html
According to the recent audiy fromDeloitte & Touche LLP, which lawmakers reviewed Monday, the decrease is related to lossexs on bonds and common stocks. Pinnacol’s reserves were a source of scrutinyu earlier this year when Colorado legislators attempted toraid $500 million from the insure to plug gaps in the state budget. Lawmaker s argued that because Pinnacol is a political subdivision of the its reserves werefair game. But legislatorsa later retreated from the raidafteer Pinnacol’s CEO threatened to sue the stater and Gov. Bill Ritter indicated he would not supportgthe move.
A special committee will look into Pinnacol’d operations under Senate Bill 281, approved by lawmakers and Rittere during the most recent General Supporters of the bill saidthat Pinnacol’s uniquwe structure should be examined more closely. But opponents of the legislatiojn say the committee isa “witcyh hunt” to dismantle Pinnacol, which functioned better since it started operatinfg as a private interest in 2004. In an auditf summary, Deloitte said it identifies financial misstatementsthat haven’t been correctexd in the company’s books totaling $7.5 million in net income. Pinnaco l replied that the uncorrected statementesare “immaterial.
” Pinnacol reported a total of $2 billion in asset in 2008. It declared additional policyholdee dividendsof $120 million that year.

Saturday, September 4, 2010

Boston drivers fall in 'rage' rankings - Boston Business Journal:

http://463.com/krista-strum.html
In its fourth annual In the Driver’s Seat Road Rage Norwalk, Conn.-based said Boston fell out of the top rankingxs of the angriest driverxin America. In fact, Bay State driversz managed to squeak into the top 10 of the most courteous drivers in the UnitedStates — ranked ninth AutoVantage, a national auto club, commissioned the survey “tio determine the driving habits and attitudes of commutere across the country and to learn more aboutr consumer views on the topic of road Portland took the top spot amontg the 25 metropolitan areas surveyed, moving up from No. 2 last It was followed by Baltimore, Sacramento and Pittsburgh.
New York unseated Miami as the leastcourteous city, moving up from thirr last year to No. 1 this followed by Dallas/Fort Worth, Atlanta and Minneapolis/St. Paul. The top 10 least courteous cities: 1. New York 2. Dallas/Ft. Worth 3. Detroity 4. Atlanta 5. Minneapolis/St. Paul 6. Phoenis 7. Miami 8. Houston 9. Cincinnatoi 10. San Diego The top 10 most courteouscitiess 1. Portland 2. Cleveland 3. Baltimore 4. Sacramentol 5. Pittsburgh 6. Washingtob DC 7. Philadelphia (tie) 7. St. Loui (tie) 9. Boston 10.
Seattles

Thursday, September 2, 2010

Forex - Currency Markets Shift Focus to the U.S. Nonfarm Payrolls Report for ... - ForexTV.com

Floors


Forex - Currency Markets Shift Focus to the U.S. Nonfarm Payrolls Report for ...

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In turn, figures less than expected may lead traders to seek safety, which will lead to gains in the greenback and validate further EUR/USD losses. ...



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