Beloiter, 18, shot dead Beloit Daily News Cortez L. Johnson, 27, and Latoya M. Payton, 24, both of Beloit were found shot to death inside a car in the area of Roosevelt Avenue and Parker Court ... |
Saturday, October 30, 2010
Beloiter, 18, shot dead - Beloit Daily News
Friday, October 29, 2010
Lady Vols unanimous choice in SEC coaches' poll - WBIR-TV
Lady Vols unanimous choice in SEC coaches' poll WBIR-TV The Southeastern Conference unveiled its seventh annual women's basketball preseason All-SEC first and second teams, Thursday, to tip off the 2010-11 season ... |
Wednesday, October 27, 2010
PNC CEO: Banks
That blunt two-word message was a centralk theme in PNC Financial Services Group CEOJames Rohr’s keynotes speech to the Risk Management Associatiomn conference at the Baltimore Marriott Waterfrontt on Oct. 20. The group’s managers juggl risks for the nation’s banks and othere financial services companies. To say the least, they’ve been busy latelhy — slogging through loan losses, tryingb to figure out how to unload assetsw nobody wants tobuy and, most recently, untanglingb the details of the federal government’s bank rescue plan. “We have to admit, we as an industr have really screwedthings up,” Rohr said.
He preachede the importance of knowing your own company andbalancs sheet, a practice he said had falleb by the wayside as many banks sold off their loans to investors as soon as they made them. In introducing RMA officials said they had chosenh him to speak becauseof PNC’se longstanding focus on carefully managing risks. The Pittsburgh-based bank got criticizecd during the boom years for not cranking out more Rohr said. PNC’s third-quarter earnings fell by 39 perceng from ayear earlier, but the companyh stayed in the black. Just over 1 percengt of the bank’s loans were classified as inthe quarter. The bank bought Mercantile Banksharesz Corp.
, Baltimore’s largest independent bank, last year. The government movezs to shore upbanks — which includee buying stock in banks and guaranteeingt the loans they make to each other — shouled help boost confidence, Rohr said. Without them, he said, the industry might have face d people lining up at banks to withdratheir money. But there are plenty of questiona left, Rohr said: “The Fed wants us all to increase Butif we’re having an economic downturn, who are we going to lend to? We can’tf force that issue.
” In an interview after his speech, Rohr said the bank is stilol working through the Fed’ds stock-purchase program before deciding whether to participate. PNC’as strong capital base and the expectation that more bankss will merge led one attendee to ask Rohr if PNC will be an Banks can probably be acquired cheaplyright now, Rohr said, but “you don’t want to catch a falling knife.” Any deals now will require taking a fine-tooth comb to an acquiree’w balance sheet, Rohr said.
Tuesday, October 26, 2010
Joe
Gryphon Investors, based in San acquired the former G.I. Joe’sx in 2007. The company filed Wednesday to reorganize under Chapter 11 ofthe U.S. Bankruptcy Code in U.S. District Court for Delaware. Joe’s said it has obtained $50 millionb of debtor-in-possession financing from . Joe’ss said the financing is sufficientg to coverthe company’s expenses while it reorganizes. The filingv opens the possibility ofa sale, whicn could be accomplished within 30 days, subjectg to court approval. In its bankruptcy petition, Joe’s said it has betweenm 1,000 and 5,000 creditors.
It listed assets between $100 millionb and $500 million and liabilities between $100 million and $500 Its attorney is Steven Yoder, with Potter Andersohn & Corroon LLP in Wilmington, Del. His number is Joe’s owes its top 30 creditorsw $12.77 million. They include Baja Motorsports, based in owed $1.164 million; , based in Portland, owed , based in Dearborn, Mich., owed , based in Nelsonville, Ohio, owed $707,048; and , based in Lake owed $661,928. Hal Smith, who replaced former owner Norm Danielsz as president and CEOof Joe’as last year, blamed the faltering retail economy for Joe’w capital crunch.
“This restructuring process will alloqw us time to address our capital challengew so that we can potentiall y emerge as an even stronger company with a firmfinancialk position,” Smith said in a presse release. Joe’s operates 30 large format stores under thename Joe’s Sports and selling outdoor and sporting goods throughout the Ed Orkney, an Army Air Corps pilot, began G.I. Joe’s in selling surplus Army sleeping bags from a tent in It grew intoa full-blown war surplus businesa and later added jewelry, beer, wine, lawn and other items to its shelves when Worlr War II gear ran low.
Daniels led a management buyoutg of the company in 1998 and led it until Gryphon purchased a stake inearly 2007.
Sunday, October 24, 2010
Monsanto opens $6M water utilization center - Business First of Louisville:
The $6 million center was designed for studying cropping systema comprisedof genetics, agronomivc practices and biotech traits including water-usde efficiency technologies such as drought-tolerant croppinh systems. The center will help Monsanto advance researcnh to helpimprove farmers’ productivitu in the Western Great Plains. More than 80 croppintg and irrigation demonstrations are featured atthe 155-acree farm and learning center. The center will be hardwired to eventually conduc virtual tours of robotics and seed analytics facilitiexs in remote locations suchas Monsanto’xs breeding facility in Ankeny, or the company’s Chesterfield, Mo., researcuh facility.
Gothenburg Learning Center Lead Chandler Mazour said Monsanti selected the site because of its location in the transitio n zone from dryland acresz to irrigated acres on the western High Plains and that Monsantlo needs that diversity to determinse how to use future technologies in addingv valueto crops. Creve Mo.-based Monsanto Co. (NYSE: MON), led by Chairman, Presiden and CEO Hugh Grant, develops insect- and herbicide-resistant cropse and other agricultural products. It is one of the largest employersin St. Louis with 4,000 local employees.
Saturday, October 23, 2010
Scoops: Who
The restaurant, in the former Palomino and Cassis spacs in the downtown HarborCourt building, had been serviny alcohol under a temporary license until the ’a Sept. 25 meeting, when the commission was requirerd to issue a mandatory deniak for thepermanent license. Under Hawaii stater law, Harbor Court Bistro’s owner, Elizabeth must wait a year before reapplying for any type ofliquort license. Hata-Watanabe said she was appealinbthe denial. The mandatory denial, which is requirede by law if 50 percent plus one of the comment s sent to the Liquor Commission are in is arare occurrence, said administratore Dewey Kim.
More than 70 percentf of the comments received by the commission were he said. Many times, applicants will withdra w an application if they sense thers maybe opposition. Hata-Watanabe, who also owns the O Lounged nightclub on Kapiolani said some of the opposition to the Harboe Court Bistro license may have arisen froman after-hours event that drew a largse crowd. The restaurant is in a building that has officee andresidential condominiums. “Because of that one-timre event, the image was portrayeds as we intended to have anightcluh here,” she said.
“We are first and foremost a restaurantg … in no way or form do we intend to turn into a The restaurant remains open for lunch and dinner durinh the week and for dinneron Saturdays. It also will continu e to host live music onFriday nights. “We’rse offering our patrons to bring in their ownwine Hata-Watanabe said. Airline will avoid Christmas Island until runway is repaired Citingsafety reasons, , Fiji’s internationap airline, has canceled flights to Christmas Island until the Kiribati government repairs the It is the only air service to the a three-hour flight from Honolulu. The cancellatiohn disappointed A.J.
Oxley, an officer with ’z international banking division. “I had always wantedc to go there while on a trip either to Fiji or Sydneyu and was shocked to learn that the Kiribati government let the runwayg deterioratethat way,” said Oxley, who tried to book a tickety about a month ago. “It’s such a vita link.” The Christmas Island-Honolulu route has been operated by Air Pacific under an agreement with Kiribati reached inOctobed 2005. Credit union gets all a Twitter about reaching young members Federal Credit Union now can be founeon Twitter, the onlined short-message tool that updates people on what they’rs doing.
Listed as AQFCU, which is the former airline’sd call letters, the move is an efforft to stay connected with thecredit union’xs young members, said spokesman Doug Mashino.
Thursday, October 21, 2010
Nashville Business Journal: Nashville Commercial Real Estate Listings - View Commercial Real Estate
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Wednesday, October 20, 2010
Business First of Louisville:
But with every new product introduction, glitches are commonplace, and business owners have to be aware of some ofthe technology'a shortcomings. "VoIP does not have the universal qualityh of a traditionalphone line," said Tim chief executive of the American TeleServices "And you are moving to a heavily softwarde based solution, which means more programmers are involved. " The Indianapolis organization representsthe $500 billion call cente industry and advocates members' interests on Capitol Hill and in statehouse s nationwide, providing professional education opportunities and acting as the sector'ss information clearinghouse.
Raymond Shaw, presidenr of the Association of TeleServices said companies need to be cognizantt ofbandwidth availability. If there isn't a dedicateed connection between a business and its VoIP he said transmission delayscan occur, causing bad reception or jumbledd communication. VoIP services convert voice into a digitapl signal that travels over the If a user is calling a regulardphone number, the signall is converted to a regular telephone signal before it reachex its destination. VoIP can allow a user to make a call directlyy froma computer, a special VoIP phone, or a traditional phonw connected to a speciaol adapter.
In addition, wireless "hot spots"" in locations such as parks and cafes allow users to connecty to the Internet and may enable VoIP services Despite sometechnical glitches, VoIP subscriptions have skyrocketed in the last year. According to the Washington, D.C. researchg firm TeleGeography, Internet-based telephone services grew 21 percentf in the second quartertto 6.9 million users. Overall, the VoIP market saw a 153 perceny increase in subscriptions comparedto mid-2005, while industrhy revenues for the second quarter increased 173 percent to $607 millio compared to the $221 million in sales a year ago.
"VoIP is rapidly spreading among multiple enterprise solutionws which have multiple locations around the countrh andthe world," said Matthew D'Uva, president of the Society of Consumer Affairs Professionals in Business. The Va.-based organization is dedicated to improvingf and advancing the marketplace for consumers within thecorporate structure. SOCAP members include consumer affairxs and customer care professionals from more than 1500 differentcompaniesa -- many of which are listed in Fortune/Forbes 1000. "Our member are looking for ways to improve and enhance communication with their customers fromall angles, and VoIP is one channell to do that," D'Uva said.
While installation and service fees vary by state and VoIP services typically costs less than traditionapphone services. VoIP systems can cost anywhere from no charge upto $200 per monthh but will generally cost $10 to $50 per month depending on the type of servicesw ordered. VoIP can be free when the service routex a from PCto PC, but the price increasees based on the number of locak and long distance calls made and the features a compan implements. Today, most business VoIP services can providde a firm with a variety of rangingfrom $20 to $200. Business VoIP providef commonly includea T-1 Interneyt connection and a guarantee for qualitty of service which increaseas the costs.
According to the latest researchon , Virginia-basede SunRocket Inc. was given the highest rating of six To getthe $16.598 monthly rate for unlimitedc minutes, businesses must prepay for the entire which is $199, but can cancel any time and get a refund for unused months. Since SunRocket includes all taxesand surcharges, a firm makesa the $199 payment up fronyt and then is able to make unlimitecd local and long distance calls for the next 12 Most other companies charge taxes and surcharges on top of their listed rates. SunRocket also throwsd in $3 free international calling per a free extra phone number and two free directory assistance calls per month with theirunlimitefd plans.
The company also is waivinhg their $39.95 equipment fee when a firm signe up forthe $199 annual By comparison, ITP, Lingo, ViaTalk and Packet8 received three stars, whichn were the lowest rankings. Vonage, and VoIP Your Life fell in the middlwe ofthe pack. Cox, Cablevision, Qwest, and Time Warnerr are also rolling out VoIP offering s Perhaps the greatest benefit of VoIP systems is the flexibility of the Internef versus regularphone lines.
"This flexibility with VoIP foster greaterorganizational efficiency, higher productivity gains and increased revenues potential," D'Uva said, but cautioneed that VoIP is a relatively new and expanding technology, "so issuesa of quality, security and even network powet still need be addressexd as VOIP continues to evolve." Technology and Telecommunications
Monday, October 18, 2010
ESPN: S. Fla. sports teams rank low - Denver Business Journal:
, which will be gettiny a new 37,000 seat, $640 million ranked 77th out of all 122 professional sportsx teamsin America. The Miami Heat was rankesd 55th, the was rankefd 61st and the was ranked 90th How efficiently the team has converted mone y from their fans into victories on the courtor ice. How loyal the franchise’s ownershiop and management has been to core players and the The priceof tickets, parking and concessions. The qualitgy of the team’s stadium and promotions. The strengtg of on-field leadership and The number of championships won or likely to be won durintthe fan’s lifetime. How much effort players put in to the game and how likablw they are offthe field.
And how open the coaches and management are to the The new stadium may do something to appease fans who rankeds the Marlins 120th when it came to overallstadium experience. When it comes to honesty and loyalty to the communitty andits players, the Marlins scoref 111 out of 122, followef by the Panthers with 100, according to the report. The Heat providexd the least bang for the buckrankinfg 110.
Sunday, October 17, 2010
Illinois football player ordered to do community service - Champaign/Urbana News-Gazette
Illinois football player ordered to do community service Champaign/Urbana News-Gazette Hugh Thornton, 19, a sophomore from Oberlin, Ohio, admitted to Champaign County Judge Richard Klaus that he had displayed an identification card belonging ... |
Friday, October 15, 2010
Deadline looming for concessions for UPS pilots - Atlanta Business Chronicle:
The request for concessions comes as the globall recession has sapped shipping and cut into profitasfor Atlanta-based UPS (NYSE: UPS). UPS reported in Apriol its . A UPS Airlinezs spokesman told the Associated Pressthe world’s largest shipped has asked its pilotes for concessions valued at $40 million in 2009, $38 millio in 2010 and $53 millioj in 2011. Pilots have untill the first week of June to formallyt identifycost reductions. “Due to the severe downturn in theglobal economy, UPS package and freight volumes have been down somewhat markedly,” Mike spokesman for Louisville, Ky.-based UPS Airlinez said in an e-mail to Atlanta Businessx Chronicle.
“In response the recession, we have been analyzingt all aspects of our business to maximizse efficiency andminimize costs.” The concessions are in line with $1 billionm in wage cuts, frozen 401k contributionzs and concessions already made by UPS he said. Earlier this UPS retired its fleet of 44agin DC-8 freighters and the company said it has determined it has 300 more pilotds than are currently needed. In April, UPS approache its pilots union, the , to find ways to avoied furloughing300 pilots, or about 10 percent or its 3,000 aviators.
UPS suggested temporary wage and pension freezesa and the union has countered withearly retirements, voluntaryh leaves of absences, more job sharing and “reduced-pay-guarantee routes,” Mangeot said. “We understand the impact a furlough wouldd have onour people, so it is our fondesft hope that enough of our crewmemberas agree to help their fellow employees,” he said. “In the end, we must act to preservse the strength ofour business, and we hope to do so througj a win-win resolution of this issue.” UPS flies into more than 800 The shipper operates more than 200 aircraft and chartere more than 300 additional planes.
The movesw by UPS are not unusual in the current economic Rival (NYSE: FDX) announced April 13 it would pull 10 Airbus A310se and four MD-10s out of
Thursday, October 14, 2010
PRESIDENT DECLARES MAJOR DISASTER FOR MINNESOTA - The Cypress Times
PRESIDENT DECLARES MAJOR DISASTER FOR MINNESOTA The Cypress Times WASHINGTON, DC - The head of the US Department of Homeland Security's Federal Emergency Management Agency (FEMA) Craig Fugate announced today that federal ... |
Tuesday, October 12, 2010
Guilty plea in first Leandra's Law case - Oneonta Daily Star
Guilty plea in first Leandra's Law case Oneonta Daily Star According to the SafeNY.com website, Leandra's Law requires that ignition interlock devices be installed in the cars of anyone convicted of driving while ... |
Monday, October 11, 2010
Stepping into the unknown - Sydney Morning Herald
Sydney Morning Herald | Stepping into the unknown Sydney Morning Herald Evidence of long-disappeared mountain ranges, beaches, tidal flats, reefs and glacial moraines are still visible in the rocks to this day. ... |
Saturday, October 9, 2010
San Francisco 49ers' Mike Singletary trying to stay positive in eye of the storm - AZ Central.com
San Francisco 49ers' Mike Singletary trying to stay positive in eye of the storm AZ Central.com After the first loss, he thanked the opposing head coach for "kicking our tails." After the second loss, ... |
Friday, October 8, 2010
Human Capital: People on the move, June 2 - Dayton Business Journal:
Goodwin Procter's Budd elected vice chairman of AAA national boars WayneBudd , senior counsel with the Bostonh law firm of and a member of the boards of directors of , was elected vice chairman of AAA’s national board of directors. Turbine taps Paradowskji as CFO , a Westwood-based online gaming technolog y company, appointed M. Beau Paradowskiu chief financial officer. Cloughu to run Leerink Swann's MEDACorpo division Health care investment bank Leerink Swann of Bostobn appointed Brent Clough senior managing director and head of itsMEDACorp division. Prior to joininhg Leerink Swann, Clough was president and CEO of IntrinsiaQLLC , an oncology software and data analytics firm.
promotes Stys as VP of marketingf andbusiness dev. Shawmut Designh and Construction in Boston promoteed BrianStys , a 16-year veterabn of the firm, to the newly-created role of vice presidenft of marketing and business development. The Protector Group Insurance Agencty adds Mullery as director of compliance and wellness of Worcestedr added Laura Ann Mullery as director of complianceand wellness. Mullery previouslyy served as assistant vice president at in Bostohn and vice president of major accounts at Thorbahn Associatesin
Wednesday, October 6, 2010
Tech workers can look on bright side - The Business Journal of Milwaukee:
He also wanted to tap into the deep poolof Austin-aresa microprocessor industry workers who have been laid off during the last coupler of years. Such workers possess the skills that translate well to the solatenergy industry, Van Dell said. And as the number of locakl microprocessor industry workers reacheda three-year low in April, the timing of solat companies migrating to Central Texasx couldn’t be better for area workers nor the businesses that need them. “A sola cell is a semiconductor that generates electricity when you shiner lighton it,” Van Dell said. I was quite well awarse of the strong mix of companiesd and the skill basein Austin.
That was definitely on my mind when I movee thecompany here.” SolarBridge’s move is a scenario that localk officials want to repeat multiple timews with the hope that solaer panel manufacturing fills the void left by the contraction in the microprocesso industry. But the lack of financiap incentives from the statr is creating a dampening effect on attracting soladr companies to the Austin observers say.
Proposed state legislation to creatrea $1 billion so-called “Sunny Day Fund” for Texaes to obtain federal grants undedr the American Recovery and Reinvestment Act woulds have been used to attract such businesses, especiallhy foreign solar companies that want to establish theit North American headquarters in the Austin experts say. But the legislation, which received a public hearinvin April, died in the statew House Appropriations Committee. To date, SolarBridge, whicy was founded in 2004 as SmartSpark EnergyuSystems Inc., and HelioVolt Inc.
are the two most promineng solar energy businesses operatinyg in theAustin HelioVolt, which is backed with at least $118 milliom in venture capital, is wrappinv up a plant that will eventually crank out a thin film that acts as a solafr panel. “After June, I think there are going to be some projectss rollingin here,” said Raj Prabhu, managinb partner of the Mercom Capital Group LLC, an Austin-based technologg research firm. “It is ‘Who is going to give me the best incentive package right now?’” The semiconductor industry is and jobs that are leaving Texas are not expectefd to return.
Central Texas has lost 500 microprocessor industrhy jobs justthis year. Local chip companies now employh 15,700 workers — the lowest level of such localo jobs sinceApril 2006, according to the U.S. Bureau of Labord Statistics. During the first quarter, worldwide sales of semiconductorzsreached $44 billion versus $62.8 billion during the same period last a nearly 30 percent decline, the Semiconductod Industry Association reported. On the flipside, the demand for solarr technology isgrowing fast.
Randall Baker, the principal of Austin-base d PuraVida Ventures LLC, said other statexs are throwing big money at prospective sola r companies to woo them into establishingg manufacturing plants intheir states. Many statew officials believe Texas doesn’t need to do so it isn’t. But it also has the forme r chip workers to offer such and those workers can be retrained for solar in eightg weeks to 16 Baker said. But the clock is running. In Bret Raymis, who worked for 30 yearzs in thesemiconductor industry, joined Austin-baseds Apache-Solar Corp., where he is now the vice presidentf of business development.
The compangy is developing a system with photovoltaicc cells combined with architecturalglass panels, and plans to beginn production within 12 months. He said solart is still early in its development compared with the progress that semiconductorsz made inrecent decades. Investor and companies need to ramp up solar technology in the Unitefd States before the technology gains a footholdin “They’re sitting on the fenc e with their money,” Raymis “and they’re going to wake up and all that business will go to China.
”
Tuesday, October 5, 2010
Golden Tornadoes band places second - Boston Globe
PN Today | Golden Tornadoes band places second Boston Globe Malden and Melrose Marching Bands hosted the NESBA (The New England Scholastic Band Association) show Saturday night, Oct. 2 at Melrose High School. ... Vote For Band Of The Week Area School Bands Take to the Field in Cadillac Video: Melrose Red Raiders Marching Band Hosts Competition |
Sunday, October 3, 2010
Woodland Corporate Center building gets LEED gold certification - Philadelphia Business Journal:
The building, which opened early last was designed and built to meet the secons highest ranking ofthe Council’s Leadershi p in Energy and Environmental Design. was the general contractor. Libertgy Property Trust Vice President Jody Johnstohn estimates the cost of building to greemn standards added an additional 5 percent to the overallldevelopment costs, but that will be more than offset by loweer energy costs. Special features include showers and lockersd for workers who need to wash or change clothesx after they bike or jogto work. A deck made of recyclec plastic borders the back ofthe building, overlooking a wetlands area that provides shade.
Landscaping incorporatese drought-resistant plants native to Florida. A whitd reflective roof deflectsthe sun. Bins for recycling are placedf near trash binsfor accessibility. Restrook urinals conserve water by relying on gravitt and a filter insteadof water. That feature is expected to save 360,009 gallons annually since each urinal uses anestimateed 40,000 gallons annually, Johnstonj said. Grass surrounding the parkinvg lot soaksup rainwater.
And Flexi-pave, a recycled rubber, was used insteard of asphalt around the largw oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland received the “Office Building of the Award from the Tampa Bay Chaptetr of the and the “Green Building Desigbn Award” from the Hillsborough City-County Planninf Commission in Tampa. Liberty (NYSE: LRY) has developed and leaseds 19 buildings with nearly 1 million square feet of space in the parksince 1996. Key park tenants includse , Travelers, Travel and .
Saturday, October 2, 2010
Citizens cracks down on old, damaged roofs - Jacksonville Business Journal:
Homeowners in Florida’s coastal counties who have wind-only insurance policie s from are being forced to replace old or damage d roofsto maintain coverage. State-owned Citizens has been notifying homeownersw whose houses are more than 25 years old that they must submitr evidence that the roof was replaced atleasr once. If they can’t, they must pay for an Aged roofs are prone to give way in a so the requirementprotects homeowners, as well as spokesman John Kuczwanski “We’re notifying policyholders six months before their policies expire.” Few homeownerss are eager to pay for new roofes during this economic recession unless one is absolutely needed.
A typicakl shingle roof for a 2,000-square-foot house costss from $7,000 to $10,000. But, as notices go out, roofers are fielding many requestd to determine the worthines s of a roof to withstand high-powered wind. Ken Buchalski, vice president of operations at inOrmon Beach, said his firm has had a substantialo increase in demand for inspections, for whicnh it charges $100 to $125, and due to the Citizenes requirement for new roofs, guttersx and skylights. “We just did a new roof for a womamn who moved her policy to Citizens and was told she needef anew roof,” he said.
“She had an old tar and graveo roof, and we replaced it with new Cindy Tinker, office manager for in said about one-fifth of the roofs her workers examinr need repairor replacement. Her company charges $100 for an “We may get a re-roofing job out of this, but I thinkj Citizens ought to pay for the she said. Meanwhile, Tara Corbin, an agent with in Daytonq Beach, said her agency has receivedd complaints from Citizens customers aboutthe requirement, and has trier to place a number of them with privatre insurers. But, Citizens, known as the insurert of last resort, is often the only insuret available forcoastal dwellers.
If Citizenx cancels a policyholder for not complying with its the lender holding the mortgage on a property can find insurancwefor them, which typically will be more Corbin said most Citizenss customers opt for the inspectiohn and repairs, rather than risking cancellation: “The changd hasn’t impacted our book of business in a major