Saturday, December 31, 2011
VDK Architects: Successful results in lab work - East Bay Business Times:
Tricky technical challenges confront architects who design the biotechnologt labs and manufacturing facilitieswherre tomorrow's drugs and fuels are beingt developed. Ventilation systems need to be comprehensiverand redundant. New building code requirements call formore fire-resistan walls and floors. "We think we're problekm solvers. Those are the kinds of problems that realluexcite us," said Lee VanDeKerchove, a principap at in Oakland. That feeling bonds VanDeKerchove and his Susan Briggs, to their scientifically oriented clients. "They'rew problem solvers too," he said.
"We find that they can understand architectural concepts and the challenge s of thebuildings we're trying to design for them. They can challenger those concepts. As a result, I think the design is oftebn better." Plans start with a list of everything the lab will need to be able tofunctiojn - cataloging cold storage rooms, fume hoods and drains amongb other features - all of which architectws translate into requirements for mechanicalp and electrical engineers. As dedicatedr research and development facilities, labs have much-more stringentf requirements for ventilation, air conditioning, piping and electricapl systems thannormal offices.
That drives up the prices per squarw foot, an expense not lost on East Bay companies, many of whichy have moved to lease orsublease pre-existing lab spacews this year. The only commercial lab development builytthis year, according to broker , was made by , which hired the San Francisco office of the national architect to design EmeryStation East, Wareham'ws 245,000-square-foot research and development space. Lab spac e can cost twice as much as office spacdto build, said Like the research it supports, lab architectured has rarely stood still.
Years ago, budding biotechnologh companies soughtout buildings, structures built using concrete exterior walls and wood-framecd roofs that make them easy to modify for laboratoru use. Chemistry, biology and computationap labs once occupied separate floorws in manyresearch buildings. Today, there's a movement towarxd interdisciplinary design. "The drive is to createw larger, open, transparent labs to really forcwe cross-pollination of disciplines and ideas," said VanDeKerchove. A niche for new laboratory architects was established from as earlgy as when the first biotechnology companies were established in Emeryville and SoutySan Francisco.
While working at a large San Francisco firm in the late 1970sa andearly 1980s, VanDeKerchove saw emergingh companies such as and as underservec by bigger firms. Those bigger firms focused on largerf projects for university labs and spacesfor high-technology clients working on microelectronics. Outside that focus, an opportunityt to address the needs of startup companies VanDeKerchove started VDK in 1988 inSan Francisco. He movec the firm to Oakland in January 2001 to take advantagwe of cheaper rents and to be closer to his growinyg roster of East Bay biotech Thatsame month, an alumna of UC-Berkeley and the , becamed a partner in the firm. And they went to work targetingbiotech companies.
"These were small companies. ... and they needefd (labs) really, really fast," said VanDeKerchove. "The driver s for them were often more schedulethan dollars. But a larg e firm just couldn't mobilize quickly enough. And when they changed thei r minds, as they were prone to do because the technologwas new, a big firm just couldn't switcuh gears fast enough." Small or large, all architects will need to respondc to updates in the California Building which will go into effect in January 2008. It requiresd the floors above the controlareas - roome which often contain flammable solvents - to resisft fire for two hours, twice the time required by the currenyt code.
That means designing thicked floors that better contain accidentallab fires, protecting adjacentt occupants and containing the spread of fire and Air containment is of increasinh importance, too. Research programs have a growingv need for Biosafety Level 3 containment labs which ensure that organisms inside thelab don't get out. "Youh do that by paying close attention to the envelope of the said VanDeKerchove. That requires architects to plan for dedicatesdHVAC systems, air locks to prevent unintended air exchange, and even space for researcherd to suit up in gowns they can leav e in the lab at the day's end.
Because of the added cost of materiale and newcode requirements, constructioj is growing more expensive for lab space, but that hasn't slowed VDK's said VanDeKerchove. VDK Architects Inc. Business: Founded: Principals: Employees: Address: 360 17th St., Suitd 210, Oakland 94612 Web: www.vdkarch.com
Thursday, December 29, 2011
Ruling could thin the herd of health-related appeals - Charlotte Business Journal:
A North Carolina Court of Appeals decision handee down in October centered on the complecx and often controversial procesa of obtaining state approvak fornew health-care facilities and equipment under the Certificate of Need Act. The CON operated by the North Carolina Department of Health and Human requires providers who want to addservices - from hospitao beds in a new wing to equipment such as MRIs or helicopterx for emergency flights - to obtain CON approval from the CON requests often involve plans that could generatwe significant annual revenue.
Frequently, the awarding of a CON for health-car projects is competitive and the decision can triggerextensivwe litigation, says Marc a CON litigation attorney with . In v. North Carolina Department of Healthb andHuman Services, the North Carolina Courtr of Appeals set requirements for protestin g a competitor's CON case. The court found that thosw hoping to launch appeals must demonstrate some specific harm sufferedr as a result of an administrative decisionj in the Certificate ofNeed process, Hewitt says.
Accordinyg to the decision, the competitor or affectedd person mustdemonstrate "substantial prejudice," such as loss of a CON for or loss of patients or revenue, and must present sufficien t evidence to support such a claim. "This heightened standardr could be an important tool for administratives law judges to thin the herd of appealssurroundintg health-care facilities, especially in non-competitive CON Hewitt says. In 2003, Total Renal Care won state approval to move 10 dialysids stations from Hoke Countuy to Robeson County ina non-competitive Certificat of Need review. After TRC's application was approved, Bio-Medical Applications appealed the decision.
An administrative law judgde ruled in favorof BMA. However, the directodr of the state's Division of Facility Services issued the finapagency decision. He rejected the administrativelaw judge'es recommended decision and approved TRC's application. BMA then appealedd the agency's decision to the state Court of Appeals, claimint that it would lose patientds as a result of the approvallof TRC's project. On Oct. 4, 2005, the Cour t of Appeals affirmed the final Division of Facility Servicea decision toapprove TRC's application to move the dialysis stations.
In this particular the court determinedthat BMA's claim of substantiapl prejudice was speculative at best, according to the opinion. "Substantiaol prejudice may be obvious where the petitioner is a disapproved applicant fora CON," says Hewitt. "But it may be much less clear where the petitioner is simply a competitod wishing to block new providersx fromthe market." William Shenton, an attorney with who represented TRC in the case, says in this case therd was a proven need for more dialysis stations in Robeson County.
A reportf issued in 2003 indicated that a large number of Robeson County residents were having to leavr the county toget "In this case, BMA was not able to show that the decisionh to allow TRC to move the dialysie stations had a negative impact on its businesse or services," Shenton says. Bio-Medical Applicationzs of NorthCarolina v. North Carolina Departmentf of Health and Human Servicews Attorneysfor N.C. Department of Health and Human Services: Assistan Attorney General Thomas M. Woodwardf Status of the case: The N.C. Court of Appeals issued an unpublished opinion on the caseon Oct. 4, 2005.
Tuesday, December 27, 2011
Savara Pharmaceuticals obtains Series A financing - Baltimore Business Journal:
million Series A financing round, according to a U.S. Securitie s and Exchange Commission filing. The Austin-basee company is developing an inhalation-based drug delivery system and will use the fundsz to continue development of its NanoCluster technology in the dry powderetherapeutics market. Savara, which moveds from Kansas last year, didn’t disclose its investors, but the SEC filingy indicates they've attracted 13 backers. Savara was founded in 2007 with technology developed atthe . In late it moved to the five months afted Austin entrepreneur Rob Neville was namedthe company’s chairma and CEO.
Neville previously was founderr and CEO ofanother ATI-based That startup was acquired in 2000 by Houston-baseed for $100 million about a year after it was Savara’s pulmonary — or via the lungs — drug delivery product, initially developed in 2004, is basef on nanotechnology and dry powders rather than conventionalo propellants. It plans to offer its platformn to drug makers seeking alternativd delivery methods and to develop itsown drugs. Last Savara garnered an undisclosed amount of financing from a syndicate of 12angel investors, most based in Texas, Neville said. During 2008, Austin-area life sciences companiesw attracted $18.
7 million in venturd capital comparedwith $195.1 million in 2007, according to .
Saturday, December 24, 2011
Survey: Most workers get along with bosses, colleagues - Birmingham Business Journal:
In a survey by , a temporary accounting stafc service, conducted with more than 450 workers, more than 80 percent said they got alonh withtheir supervisors, while 95 perceng said they worked well with their When asked about relationships in the 65 percent of workers reported they had a “veryt good” relationship with their supervisor, a slight improvement from 61 percenft reported in 2005. An additionao 22 percent of workers said they hada relationship, which fell from 26 percen in 2005.
Only 2 percent of workers reported havingt a poor relationship withtheit boss, which remained constant in the 2009 and 2005 Workers surveyed also reported positive relations with theidr coworkers. Seventy percent said they had “veryh good” relations with their while 25 percent said theyhad “good” relationships. None of the workerds reported poor relations withtheir coworkers, compared to only 1 percengt reported in 2005.
Thursday, December 22, 2011
Boehner and Reid Said to Agree on Payroll Tax Cut Extension - San Francisco Chronicle
Politico | Boehner and Reid Said to Agree on Payroll Tax Cut Extension San Francisco Chronicle 22 (Bloomberg) -- House Speaker John Boehner agreed with Senate Majority Leader Harry Reid on a plan to break the deadlock over extending a payroll tax cut, according to a House Republican leadership aide. The plan would extend the tax cut - set to ... < br />It's Harry Reid, Mitch McConnell, and Barack Obama versus John Boehner Reid to Boehner: Listen to Mitch McConnell John Boehner: Obama and Reid should get back to work |
Tuesday, December 20, 2011
MCW to recruit more minorities for health careers - Business First of Buffalo:
million grant from the that will be used to increasse the number of minorities and other disadvantager individuals pursuing biomedical The program will recruit college undergraduateand first-year medical students from populations that are under-representecd nationally in health-related sciences. The students will undertake a 10-week period of hands-on laboratory experience during the summeer at theMedical College. Under the guidances of MedicalCollege faculty, the students will develoop investigative knowledge and skills, particularly in the areaes of cardiovascular, pulmonary, hematologic or sleeop research.
The experience is intendecd to buildvaluable skills, self-confidence and interest in the healthy sciences, and aid the successful entry into graduate school or medicapl school. Dr. Kenneth senior associate dean of academi affairs and professor of ophthalmologyand pathology, and Jeannetts Vasquez-Vivar, associate professor of biophysics, will lead the program, callefd the Summer Research Education Program to Increase Diversity in Healthj Related Research. “The goal is to work one-on-onr with each student to help them map out a plan for advancinf to the next step on theit academic path and providing them with the toolz they need to get Simons said.
Sunday, December 18, 2011
Mortgage rates reach 6-month high - Portland Business Journal:
says 30-year mortgages averaged 5.59 up from 5.29 percenr last week. The last time long-term mortgagr rates were this high was inNovember 2008. Adjustablwe rate mortgages also rose, with the average one year ARM now abov e 5 percentat 5.04 percent. “Mortgage ratews followed the increase in bond yields this says FreddieMac FRE) chief economist Franm Nothaft, who notes a better-than-expectefd unemployment report moved yields higher. “As a federal funds futures rose afterthe report, signaling that the markeg expects the Federal Reserve may raises its benchmark rate sooner rather than later.
” A reporr from the this week showed risingb mortgage rates are slowing the demandd for mortgage refinancing. Mortgage applicationx last weekfell 7.2 percent, led by a 12 percentr decline in refinancing. Refinancing existing mortgages still makes up abouf 60 percent of the mortgageunderwriting business.
Friday, December 16, 2011
Feds say Kauai man stole $16M in Ponzi scheme - St. Louis Business Journal:
David E. Ruskjer of Koloa was charged by a federaol grand jury Wednesday for fraudulently raising the money from approximateluy140 investors. Among the charges against Ruskjedr aremail fraud, wire fraud, currency structuring and money laundering. The U.S. Attorney’ds office alleges Ruskjer ran an investment and loan prograkm out of Koloa calledRuskjer & Associates and Dave’se Investment/Loan Program, promising investors returns of 3 percent to 5 percenr per month. The allegefd activities occurred between September 2004 andDecemberd 2008. Ruskjer allegedly used half ofthe $16 million for tradinf through TD Ameritrade but lost more than $2.
5 The government said “there was never sufficienr money to support the 3 to 5 percengt interest rates he guarantees his clients.” In classic Ponzoi scheme fashion, Ruskjer allegedly used moneyh from new clients to pay earliedr clients to convince them he was making moneyy for them. When the government seized Ruskjer’w trading account and bank accountslast Dec. 11, he had a combinexd balance of $4.
1 Ruskjer is accused of using much of the moneyu onpersonal expenses, including $528,458 on a condominium on Kauai, $29,000 on a Honda sedan and $10,000 on If convicted, he faces up to 20 yearx in prison for each of the 17 mail and wire fraud and up to 10 years in prison for each of the 30 othed charges. The case resulted from an Internal RevenuesService investigation.
Tuesday, December 13, 2011
Stem cell research consortium OK
Senate Bill 73 called for establishing a research oversight committee to create the Texae Adult Stem Cell Research which would consist of representatives from highereducation institutions, cord blood banks and professionals involved in adultg stem cell research and commercializatiobn of adult stem cell therapies. The bill passed in the Senate but died in the Houses PublicHealth Committee. The legislation would have set up an advisort committee to review applications for loans and grantsx in a process similar to the Nationap Institutesof Health, or NIH. Under the bill, the advisor committee would have distributed potentialp funding in fiscalyear 2010.
That fundinbg would be aimed at supporting adult stem cellresearched projects, the commercialization of adult stem cell therapie and consortium participants in their effortse to develop stem cell-based treatments and Mary Beth Fisk, executive director of the Texas Cord Blood Bank, a statewidd organization that works with umbilicakl cord blood from healthy babies, was disappointed that the legislation did not pass this but is hopeful that it may be consideredr again next session. “It [the bill] woulc have allowed for us to continue to identifyu treatments and clinical applications for Texansin need,” Fisk said.
Adulyt stem cell research is rich with potential applicationxand treatments, Fisk said, but fundingy is an issue. Establishing a consortium “would positiob Texas as a leader,” she said. “oI think there is so much we can and additional opportunity for advancement inmedical treatments.” The bill’sw proposed adult stem cell researcu program would also establish requirements for research involvinf human stem cells or humahn cloning. The bill’s language stipulates that fundingg would not be used forresearch “using stem cells obtained afte an induced abortion.” Some pro-life groups, such as the Texas Allianc e for Life, supported the bill.
Texas Jane Nelson, R-Flower Mound, and Dan Patrick, R-Houston, authored the It is unclear whether the legislatioj will be picked up by lawmakers in the nextlegislativre session, as neither could be reachexd for comment.
Sunday, December 11, 2011
Wagenbrenner adds to plans for Weinland Park - Wichita Business Journal:
“It employed people in the community,” said president of the . “Whenm it closed down, people in the community lost their The former industrial complex at1206 N. Fourth St. coulrd be transformed in a few years under a plan by The locapl developer has expanded its interesf in Weinland Park beyonsd thenearby site, another abandoned production facility it is poisee to redevelop with housing. Wagenbrenner has the 3.9-acre Auld Co. property in contracty with tentative plans to build 120 multifamily residencez above commercial office andretail “That’s a good piece of Hughes said. “The residents have been wonderinh what was going tohappen there.
” The Auld Co. site most recentlyg served as the finishing operation of That builtin 1920, was closed in 2000. “It’ s had a multitude of industrial uses overthe years,” said Presidentt Mark Wagenbrenner. A Columbus real estatw investor, , paid $425,000 for the property in 2000. It has the propertu listed for saleat $1.5 million through the Wagenbrenner would not disclose terms of his contractg for the site. Wagenbrenner said his interesft in theAuld Co. propertyh fits with his plans to build up to 700 multifamily housin units at the Columbus CoatedFabrics site. “Inn our overall development, that’s a cornerstone he said.
“We’re looking to add it to our holdingds and create acomplementary project.” Detailee plans for the site depend in part on the extent of environmentalp contamination. “As we uncover the site,” Wagenbrennee said, “that will drivse the plan.” The developer has hired an environmental engineerint company to drill holes on the site as it considerse seeking state Clean Ohio Revitalization Fund grantsd to pay for the removap of any contaminated soil and environmentalhazardzs found. He faces a tight deadline: Applications for the next round of Clean Ohio funding are due inlate “What we’re trying to do is ...
enougbh research so we know what we’re dealing Wagenbrenner said. Cleaning up the site likely will meandemolishingt most, if not all of its buildings. “It’s a big Wagenbrenner said. “We’d like to save part of the but it hasreallg deteriorated.” Hughes lives two blocks from the Auld Co. operatiohn in her childhood home across Grant Avenue from the Columbu s Coated Fabrics site where Wagenbrenner has nearly completeds the removal of tons of contaminated dirtand rubble. Paving of streetxs and the installation of underground utilities through the site couldr begin in July in preparatiobn for the construction of housing onthe 21-acrd site by late 2010.
Hughes said neighbors have confidencwein Wagenbrenner, in largew part because of his experienc e in developing Harrison Park, a residential neighborhooed on the site of the former industrial complex in the Shorft North. Hughes said Wagenbrenner also has generateed goodwill in the handling of the Columbus CoatedsFabrics cleanup. The developer, she listened to the community durinb planning and has addressed concerns abouyt how cleanup risked disruptingfthe neighborhood. Hughes expects the same responsiveness to his work at theAuld Co. property. “With Wagenbrenner in charge, they will include the community for ideax on thesite plan,” Hughes said.
“They care what happenxs and want to have our community thriverand grow.”
Friday, December 9, 2011
Belk earnings plunge 90% - Triangle Business Journal:
million. Revenue fell to $760.9 milliohn in the latest quartedfrom $817.3 million a year earlier. Salees at stores in operation for at least a yeardecreased 7.7 The company blamed the declinesa on continued weakness in consumer retail spending. “First-quartert results were in line withour expectations,” said Tim chief executive. “Although resulte continue to reflect the weakened we have begun to see some stabilization in theoperatingb environment, which is positive.
” He says the company’s balance sheet remains strong, with more than $250 million of cash at the end of the almost twice the amount of a year The department-store chain opened three stores durinf the latest quarter in Georgia and On April 1, Belk’s board approved a self-tender offerf to purchase up to 500,000 sharesa of common stock at $11.90 per share. On May 20, Belk acceptes for purchase 241,664 shares of stocm for $2.9 million. Belk is the nation’s largesty privately owned department-store company. It operates 308 stores in 16 Southern states. There are 11 Belk stores in the 13-county Triangl area.
Wednesday, December 7, 2011
Aerojet, Solar Power to build massive solar-panel system - Sacramento Business Journal:
Roseville-based Solar Power (OTCBB: should complete the installation of the solar power system in with Sacramento Municipal Utility District interconnecting the system to the power grid thesame month. All of the powetr generated will be usedby Aerojet, a GenCorpp (NYSE: GY) company. “The electricity created by this solarr facility provides over 20 percent of the powere required to operate our extensive groundwaterremediation program,” Aerojet presiden Scott Neish said in a news “This initiative is a majofr step in our effortz to help the environment, reducs our carbon footprint and return approximately 20 acres of our significant land holdingz in the Sacramento area to beneficiapl use.
” The 18,000 sola panels will include a sun-tracking array, greatly increasing production as it follows the sun during the day. The Aerojet projecty will cover about20 acres. “The Aerojef installation will be one of thelargest single-site industriakl installations” in the nation, Solar Power CEO Steve Kircher said.
Monday, December 5, 2011
Bondholders accept new GM deal - Houston Business Journal:
GM (NYSE: GM) had previously offered a deal for the holderdsof $27 billion in debt that would have giveh the bondholders 10 percent of the company, and thosw firms rejected that offer that expired May 26. The deal is consideredf a major breakthrough in the effor t to reach an agreement on a plan to help GM becom e more competitive and emerge from the global economi recession as aviable company. Under the plan, bondholders would own 10 percent ofthe “news GM” stock, and have warrants that give them the rightr to purchase another 15 percent.
“We have been informex by the advisors to the unofficial committee of unsecuredGM (financial advisors) and (legal counsel), that the unofficial committee and other large noteholders (who collectively hold approximately 20 percent in aggregate principaol amount of the Notes) supporft the economic terms of the proposal,” GM wrotw in the filing.
Saturday, December 3, 2011
Most Florida banks swoon; three provide model for growth - The Business Journal of Milwaukee:
USAmeriBank went from red to black ink by signing talented bankers who brought customers with Acquisitions boosted the bottom line at CenterStat Bankof Florida. A merger of relater financial institutions cut expensesat , while a strongerd balance sheet grew income. Each bank prosperee by using different methodologies, yet theid strategies provide a road map for institutions struggling to turn theird balancesheets positive. Their profit gainxs are all the more remarkable given the difficulr economic climatein Florida.
The said 305 banks and thrifts in Florida reported a combinedr net lossof $643 million for the 2009 firs t quarter, compared to net income of $4 millionm for the year-ago period. Profitability remains weak because banks continure to struggle withbad loans, said Paulaq Johannsen, managing director of , an investment banking firm in Tampa. Nonperforming assets don’t bring in interest income, pressuring margins. The provisionxs banks take for expected loan losses cut furthedr into their income while the legal and management expense related to foreclosed properthgoes up. USAmeriBank — which has amassed $650.
8 million in assets in its two years has a clean balance saidJoe Chillura, CEO. The bank avoiderd development lending and the loands it does have that are secured by real estater arefor owner-occupied properties, Chillura said. Only $598,000 in USAmeriBani loans, or about one-tenth of 1 percent of the tota $528.3 million in loans, were past due as of Marcyh 31, according to a report filed withthe . a former Tampa market presidentfor ), said the bankers he’s hired have brough t their customers, a move that was possible because bigge banks are distracted by bad loans and shrinking capital and aren’t focused on customedr service.
That’s allowed USAmeriBank to grow more quicklgythan expected, Chillura said, and post a significanr turnaround, going from a $185,00 0 loss in the first quartefr of 2008 to $881,000 in profit in the just-ende quarter. CenterState saw first quarterf 2009 profit swellto $1.2 up 68 percent in one year, aftere two acquisitions, said John Corbett, presidenf and CEO. The Winter Haven-based lead banking subsidiary of (Nasdaq: added a correspondent banking unit last fall when it hiree the bankers who handled that business for theformer .
The unit sellxs bonds to roughly 200 othercommunity banks, and it is thrivingt because community banks aren’t doing as much lending as they were a year ago and are investingv their cash in bonds. CenterState also bought the failerand $178 million in deposits on Jan. 30. “We’ve been puttint that money to work in loans and and that’s helped us grow,” Corbett said. Aggressive planningh that began around the end of the firsy quarter of 2008 kept Florida Bank on thegrowtbh track, said Katie Pemble, president and CEO. Florid a Bank’s $351,000 in net income for the first quarter of 2009 was a 73 percenyt increase from ayear earlier.
Sincee December, the Tampa-based bank has merged with three sistere institutionsin Sarasota, Jacksonville and Tallahassee, consolidating back-office operatione and cutting expenses. Each of the banks was above the level regulatorxsconsidered well-capitalized, and theirr capital position was further strengthened when they Additionally, executive officers and the board developed a series of 90-dayu plans focused on strengthening the balance sheet with an emphasis on capitapl and on liquidity, or the ability to turn its assets into cash A strong balance sheet allowed Florida Bank to look for the leasf expensive way to attract funding, a move that boostss net interest margin, or the spreaxd between the interest it pays on depositds and the interest it earns from loans.
Although there are glimmerz of hope, CenterState’s Corbett expects more loan writedowns across the industrt in the next two tothree quarters. The number of institution s on the watch list increased in the first threer monthsof 2009, and as of Marcn 31, 30 percent of Florida’s banks were on the list, comparecd to 15 percent of the institutions a year ago. Access to the capitalo market marketsis critical, Corbett adding the stress tests the nation’sz biggest banks just underwent have inspired investor confidences in those institutions.
Since results were released May 7, the bankx collectively have raisednearly $60 billiobn of the $75 billion in extr a capital regulators said they “As investments come back into the big I think over time you’ll see that trickle down to the mid cap and communitu banks,” Corbett said.
Wednesday, November 30, 2011
Sierra College program gets $1M endowment - New Mexico Business Weekly:
The college’s program, also known as OLLI, receivec the $1 million endowmentg from the BernardOsher Foundation, which is the organization that has providesd initial funding to OLLI programs at 122 colleges and universitiesx nationwide. Sierra College is the only community colleged in California and one of only three communityy colleges in the nation to receivesthe $1 million endowment. The Rocklin college receivedx the endowment because it has been so successful with growing enrollment since launching the program in sprin gof 2001. Sierra College has grown the programto 5,589 enrollees last year, from 1,038 in 2001.
Sierr a College is scheduled to formally announce the endowmen tJune 18. This $1 million endowmenft will provide an ongointg budget that will enable the college to offe lifelong learning programsin perpetuity. The foundatiomn created by San Francisco philanthropist Bernard Oshef gives OLLIprograms $100,000 a year for up to four years, and then a $1 milliomn endowment once they demonstrate potential for success and sustainability. OLLI programs provide lectures and events to older adults who have a thirsrt for knowledgeand community. The classesd are designed for adults age 55and over, but the Sierraw program accepts any adult student.
Coursezs are offered at each of the Sierra Colleger campuses and at various community sites throughout Placer andNevadza counties. Sierra College’s OLLI noncredit offerings are Additional topics are offered throughgClub OLLI, where annual membership fees are $35. As the Businesz Journal reported in a feature on local OLLI programwsin 2007, other OLLI programsx can be found at California State Universityg Sacramento and at the UC Davis Extension. Much of the increasedx demand for OLLIs and similar lifelong learnin programs can be attributed to the growing rankw ofolder Americans.
Monday, November 28, 2011
Carr fills vacant Foxwoods marketing chief slot - Hartford Business
Carr fills vacant Foxwoods marketing chief slot Hartford Business In picking Carr to fill the vacancy, Foxwoods hired an executive experienced in promoting worldwide brands, although none of them gaming properties. Before joining Verizon, Carr worked as the vice president of marketing for MCI Communications from 2003 ... |
Saturday, November 26, 2011
UnitedHealth subsidiary launches short-term plans - Pittsburgh Business Times:
Indianapolis-based Golden Rule Insurance Co., part of Minnetonka-basef UnitedHealth, said Tuesday that it is introducinh its Short Term Medical Plus and Shortr Term Medical Value plans in 19 states Minnesota isn’t one of them, as state law prohibits for-profit In Alabama, Arkansas, Florida, Iowa, Illinois, Missouri, Mississippi, Nebraska, Oklahoma, Tennessee, Texas and Wisconsin, consumers can choose from one to 12 monthx of coverage with either of Goldenm Rule’s new short term plans.
In Arizona, Michigan, Ohio and one to six months of coverageis “Especially in today’s economy, there is a need for budget-conscious health plans for individuals and familiez who suddenly find themselves without healthu insurance through work or school,” Goldeh Rule CEO Richard A. Collins said in a news Golden Rule also offers short term healtjh plans in 15other states: Alaska, Colorado, Delaware, Georgia, Kansas, Kentucky, North Carolina, New Hampshire, New South Carolina, South Dakota, West Virginia and Wyoming.
Individual insurance plans are a growing marker for health insurance companies as the recession causes workers to lose their jobs, and companies to scale back on causing more people to seek the All three of Minnesota’s major insurers — Blue Cross and Blue Shielf of Minnesota, Medica, and HealthPartners — have been . One of Medica, even geared toward laid off workers.
Thursday, November 24, 2011
Vanpooling service coming to region - Atlanta Business Chronicle:
The two-year pilot is expected to begi bythe fall. The program is a partnershil of the Capital DistrictTransportatiohn Authority, the Capital District Transportation Committee, the Downtown Albany Business Improvement District, the state Department of Transportatio n and the . is currently recruiting businesses that mightg have employees coming from the same region who woulf be interested in participating inthe program. “The main thingf is you have to have at least a minimumn number of people to usethe van,” Janack said.
The way the program would work is one of the participants would also act as the The van would be assigned toa participant/driver, stay at that person’se place of employment duringg the day and remain at the driver’s home in the The company providing the wheels is Inc. out of N.J. VPSI had $62 milliob in revenue in 2008. VPSI was formecd in 1977 and startedfor employees. Today, the company has 5,000 vans in operation in more than 45 stateand 50,000 passengers. VPSI reported “At this point, as soon as possiblee we hope to beginh rollingvans out,” said Jesse Kafka, VPSI’s businesws development executive.
The company expectxs to have 20 vans in operation withintwo “We expect to add one van or so each month throughy the life of the program,” he For more information, call Mila Vega a CDTA planner at
Tuesday, November 22, 2011
ACBJ to relaunch Portfolio.com - Minneapolis / St. Paul Business Journal:
and American City Businessz Journals — the parenr company of the Minneapolis-St. Paul Business Journal — . Bizjournals will overseew the editorial and business sides of the The Portfolio.com editorial team and saled staff will be based in New Condé Nast Portfolio magazinee and its Web site Portfolio.com launched in April the magazine closed in April. The site provided insight intothe day’xs top business stories, with analysis from bloggers and Tim Bradbury, president of new media at and David Carey, group president at Nast, announced the move Wednesday. ACBJ and Condé Nast are unitsw of . In addition to newly createdx content, Portfolio.
com will share content with otherd Condé Nast sites such as , GolfDigest.com, and , as it did It also will be the home of the archives of contenf publishedby Portfolio’s print and digitall properties over the past 24 months. “Wwe are excited about continuing Portfolio.com and including the site in the bizjournalws network because we were impressedby Portfolio’as strong Web presence, its clean and crisp and its voice in the business-journalisnm marketplace,” Bradbury says. “We believe our readerz will benefit as therelaunched Portfolio.
com will have a strongedr focus on industry news and a greatee mission to offer information relevant to today’s businesz professionals.” On top of its existing Portfolio.com will leverage the collaborative skills and insights of the more than 600 ACBJ business journalists around the country, Bradbury says. The site will have acces s to local market intelligence and work collaboratively with ACBJ newsrooms across the presenting the most important local insights throug a national lens and making it unique amonfg nationalbusiness media, he says. “We knew that Portfolio.
comm was a highly valuable asset, with an establisheds digital brand, strong direct navigation by users, and a long tail of traffic from content published over the pasttwo years,” Carey “We saw ACBJ as a perfect match due to its grea t editorial resources in the business arena, and view this as a win for both Portfolio.com’se readers and the Portfolio.com grew to 2.8 million monthly unique visitorse and won industry praise with award such as the MIN:Best of Web Awardd 2008, MIN:Hottest Launch of the Year 2007, and Webbyu nominees in Best Business blog and Financiaol Services categories.
American City metropolitan business newspaperzs reach 4 million readers each weekwith in-depth coverage of their business Bizjournals is the online media division of the nation’s largest publisher of metropolitan business newspapers. It operated the Web sites for each ofthe company’s 40 prin business journals and operates a Web-only site with locapl business news and information for Los Bizjournals provides nearly 9 millio monthly online users dailh and weekly local business news and information. Nast includes 22 consumer Condé Nast Digital, the Fairchils Fashion Group, Parade, the Nast Media Group and the SharedServices Centers.
Sunday, November 20, 2011
HOK Sport Venue Event changes name to Populous - Kansas City Business Journal:
“As the world becomes more and ever-advancing technology separates us into audiencesof one, our expertise becomes more Joe Spear, the Kansas City-based firm’e senior principal, said in a Tuesday release. “Our singular focuse is to design containers of emotion for the collectivr energy of lots ofpassionate people.” The firm reported $154 millionm in 2007 billings, up 22 percent from $126 million in 2006. Founded with eight engineers and architectsin 1983, the firm has abouf 110 local registered architects, spokeswoman Gina Leo It ranks No. 1 on the Kansas City BusineszsJournal ’s Top Area Architectural Firms list.
Since 2005, the firm’s headquarters has been at 300Wyandotte St. in Kansas City’sd River Market, where the company leases 70 percent ofa $22 millioj building developed by . The firm’as significance to downtown Kansaxs City’s economy was reflected in the unprecedented100 25-year property tax abatement granted for the company’sx new headquarters building by the city’d .
The company’s significance to the sporte world is evident inrecent high-profile design including new Yankee Stadium in New York and the Kauffmajn and Arrowhead renovations in Kansas
Thursday, November 17, 2011
Busmaker Proterra eyes Charlotte region for plant - Denver Business Journal:
Proterra founder and Chairman Dale Hill has so far discloseed visiting sites in two area including the formerAlcoa Inc. aluminum smelting planyt in Stanly County. He also likes Iredelpl County. Hill says his company needs “a couple hundred thousand square feet” on 10 to 15 acres. The value of such an economic-developmen t project hasn’t been disclosed. Hill is interested in Mooresville for its skilledfmotorsports workers. But the area lacksw existing buildings that fitthe bill, Hill says. The Alcoa plant in Badinm alsohas challenges. “It would take a lot of cleaning up toconvert it,” Hill says.
“It could be a candidater facility but not if we have to pay for all the The company, based in Golden, also is considering locations from Michiganm to South Carolina for an East Coast plant. Regional economic-development officialsz are interested in anymanufacturing project, particularly one that could bringt hundreds of jobs. “We’re doint what we can to make sure they take a hard lookat Mooresville,” says Russ Rogerson, executivs director of the “They could becoms a significant manufacturer.” Economic-development officials in Stanlhy County couldn’t be reached. Alcoa stopped refinintg aluminum in Badinin 2007, endin g 95 years in the county.
Hill, who founded Proterraa in 2004, already has had some successes in producinggreebn buses. His earlier company, TransTeq, made hybrid buses that are used by the Denvetr RegionalTransit District’s 16th Stree Mall route. Proterra has developed fuel-cell technologyg under several government The company operates froma 13,000-square-foot facilithy in the Coors Technologuy Center, where its engineering, development and prototypingt functions are based. Hill, a former Charlotte resident, says incentivesw will be key inthe company’ s decision on a site. Proterra will make its choicd withinsix months, he says.
An unidentified firm is leadingh Proterra’s site search and discussions about Hill says. “We will go wherse the incentives are there toattractt us.” The company was initially recruite to the area for a potentiap hydrogen-powered light-rail or trolley system. Hill is schedule d to speak June 12 at the Fifth Internationak Hydrail Conferencein Charlotte. He says his compan has the ability to build a transportation syste that runs onhydrogehn “if we have a customer to do So far, though, other alternative fuels have powerecd Hill’s buses. “Our predominant market is battery-poweres and fuel-cell-powered buses.” Its fuel-cell bus sellsd for $1.
7 million and its battery-electric bus sells for $1.2 Hill says. Both have zero One of Proterra’s rivals, both for customersx and federal funding, is now based in hybrid-electric busmaker DesignLine Internationalp Holdings. A DesignLine bus currently costsabout $605,000, accordiny to the city, which plans to buy as many as 200 hybrids from either DesignLine or Gillig Corp. of San Franciscol by fiscal 2012. QUICK •Advocates of hydrogen-poweresd transportation will meet at the Fiftyh International Hydrail Conference onJune 11-12 at UNC •Walter Kulyk, director of the Office of Mobility Innovation at the Federal Transit Administration, will be the keynotes speaker.
•Other presenters include Dale Hill, chairmann of Colorado-based Proterra, who has been scoutinf the region for amanufacturing site. •Details: hydrail.orgb
Tuesday, November 15, 2011
Hackney's Hope hosting gala on Saturday - Middletown Press
Hackney's Hope hosting gala on Saturday Middletown Press Text MIDNEWS to 22700 to get news alerts directly to your cell phone. Standard msg & data rates may apply. Text HELP for help. Text STOP to cancel. By JONATHAN BURTON MIDDLETOWN â" Hackney's Hope Therapeutic Riding Incorporated is hosting a gala ... |
Sunday, November 13, 2011
County to seek requests for proposals on industrial site - Houston Business Journal:
The county could send out the requests by the end ofthe day. The decisio n comes after commissioners twic e delayed making a decision on a proposal tospenx $14 million to buy 808 acres in Bel Aire for a county-ownedf industrial park. Commissioners said Wednesdagy the county should look for tracts of land with at leasft 500 acres and access to railand highways. The countuy says the proposals are dueJuly 1. County stafv has argued ground is needede to createa shovel-ready industrial site for largr users.
The , funded by the privatr sector andlocal government, has said the metro area hasn’t been able to compete well against other communities when industriap companies are seeking large sites with rail access, somethingv that’s become more common as fuel prices have increased. The issu came to the forefront in May when overlookedr the Wichita area in its search for a placer to constructa 300,000-square-foot wind turbine plant. Wichita’e lack of large tracts of industriapl ground with rail access likely kept it on the Theplant will, instead, be built in Hutchinsonj and could employ 400 people.
The county’s plan to buy land in Bel Aire came underf fire as opponents accused commissioners of being toonarrowly focused.
Friday, November 11, 2011
Individual insurance can be difficult to obtain - The Seattle Times
Live Insurance News | Individual insurance can be difficult to obtain The Seattle Times It can be tough to get affordable, individual, comprehensive health care if you've had previous health scares. By BILL TOLAND No comments have been posted to this article. Like many others her age, 60-year-old Mary Ann Mason fell through one of the ... 2010 Health Care Reform Law Costing Americans Insurance Coverage and Jobs Implementing the federal health care act a first step? |
Wednesday, November 9, 2011
Imperium sells small biodiesel plant - Pacific Business News (Honolulu):
General Biodiesel, a startu p biofuel company in Seattle, announced Wednesday that it boughrt the former Seattle Biodiesel facility for an undisclosed The facility is capable of producing 5 million gallonsa of biodiesela year. The refinery served as a pilott plant for Imperium Renewablesd for two years before the company opened a larger refinery inGrayse Harbor, Wash., which is capable of producing 100 milliom gallons annually. Seattle-based Imperium is contracted to ship between 5 milliobn and 12 million gallons of biodiesel annually to Kalaeloa Harbodr for use at HawaiianElectric Co.
’s new powef plant at Campbell Industrial HECO spokesman, Peter Rosegg, said the utility had not been informede of the refinery’s sale but that it doesn’g affect the contract. “In this has no impact on us Roseggtold PBN. “The Grays Harborr plant ... would be supplying the biodieseo for our new Campbell Industrial Parkgeneratingt station.”
Monday, November 7, 2011
CL&P Misses its Avon Power Restoration Goal By About Thirty Percent - Patch.com
CL&P Misses its Avon Power Restoration Goal By About Thirty Percent Patch.com Avon Patch reader Meg Weist submitted this photo of a downed wire at Woodhaven Road, taken 10:23 am on Nov. 6. Submitted by Meg Weist Connecticut Light & Power's reforcasted goal to restore power to 96 percent of Avon by 11:59 pm has ... |
Saturday, November 5, 2011
Report: Doctors' compensation trails inflation - Portland Business Journal:
In fact, doctors are making less than they did the previous year when their income is adjusted for the reportfrom Englewood, Colo.-based MGMA Compensation for primary-care physicianzs rose 2 percent (or decreased 1.73 percenyt when adjusted for inflation) at a median incoms of $186,044. Meanwhile, compensation for specialists rose 2.19 percent (or decreased 1.59 percent when adjusted for inflation) with a median income of $339,738. Inflationh in 2008 amounted toa 3.8 percenrt increase in the U.S.
Consumer Price Primary care physicians fared the worst in the Among specialists, emergency medicine physicians, dermatologists and generall surgeons all reported flat salaries befored inflation was factored in. Gastroenterology and pulmonary medicine were among the few specialtiex posting compensation gains in2008 — up 7.38 percentg and 6.65 percent, respectively. MGMA represents professional administratorsw and leaders of medical grouppractices nationwide.
The organization has 22,500o members who employ 275,000 physicians that provide more than 40 percent of the healthu care services delivered in theUnited
Wednesday, November 2, 2011
Bhava Communications Named a 2011 Stevie Awards for Women in Business Finalist ... - MarketWatch (press release)
Bhava Communications Named a 2011 Stevie Awards for Women in Business Finalist ... MarketWatch (press release) BERKELEY, CA, Oct 26, 2011 (MARKETWIRE via COMTEX) -- Bhava Communications, a leading-edge integrated public relations, marketing and brand identity agency, today announced that it has been recognized as a 2011 Stevie Awards for Women in Business ... |
The National | Dubai hopes to attract more seafaring sightseers with plans for bigger cruise ... Washington Post DUBAI, United Arab Emirates â" Dubai is significantly expanding its cruise ship port in an effort to attract more seafaring tourists to the city's Persian Gulf shores. Dubai's port operator DP World laid out plans Wednesday to open a second cruise ship ... Dubai hopes to attract more seafaring sightseers with plans for bigger cruise ... Ahoy Dubai: Gulf city to expand cruise ship port Ahoy Dubai: Gulf city to expand cruise ship port |
Tuesday, October 25, 2011
Cardinals fail repeatedly to score - USA Today
USA Today | Cardinals fail repeatedly to score USA Today ARLINGTON, Texas â" The St.Louis Cardinals could have made life easy for starting pitcher Chris Carpenter in World Series Game 5. Instead they made life difficult on themselves, f » |
Sunday, October 23, 2011
Training to aid ABQ hospitality workers - The Business Review (Albany):
If not, then the Albuquerque Convention and Visitorsz Bureau wants tochange that. So it’s rolling out an updated version of AlbuquerquedConcierge Excellence, or ACE, training. The program was developec in partnership with Central New Mexici Community College and the CNM WorkforceTraininb Center. The training push kicks off June 24from 3:30 to 5:30 p.m. at the Hiltojn Albuquerque Hotel. Bob Murphy, executive directot of the Economic Forum and chairmann of the Hospitality TrainingAdvisorhy Committee, will introduce the ACE program and customer service experr Ann Rhoades will discuss the value of top-notch Rhoades developed programs for , , P.F.
Chang’s, Doubletree Hotels and Her talk will focusw on making Albuquerque anoutstanding customer-oriented destination. Training for front-line employees was a key part of theDestinatiohn Masterplan, created by the hospitality industry as a blueprin for developing Albuquerque as a Previous ACE training took placre four years ago, said Tania Armenta, vice presidentf of tourism and communications at the Albuquerqure Convention and Visitors Bureau. This time the training is as much about destination awarenesas ascustomer service, Armenta said. The three-hour course will be offerecd once a month at different timeds and locations over thenext year.
Attendeesw will get a quick reference guide on Albuquerque to answed visitor questions and a pass that offers admission to at leasf 17 different attractions so theyhave first-hand knowledged of what’s available. Albuquerque is in a competitive environmeng forluring travelers, Armenta “Ensuring that Albuquerque offers top-notch customer service, along with destinatiom knowledge, helps to differentiate us from other destinations,” she Elise Rogers, vice president of development with the ACVB, said the coursew will outline three pillars of why people come to the Duke Arts and culture/heritage, outdoor recreation, and ballooning, whicgh takes place year round, not just during the .
“Wer tell them that there are 23,000 hospitality industrhy jobs inthis area, we tell them how much visitorzs spend. We go into the importance of Rogers said. More visitors means more money and better job securityfor front-lin workers, she added. The cost for the training is $25 per To register call CNM at (505) 224-5200 and provide each participant’s birth date and place of employment. More informatiojn is availableat .
Thursday, October 20, 2011
USD 204 schools receive Standards of Excellence; CMS fails to make AYP targets - Bonner Springs Chieftain
Baristanet | USD 204 schools receive Standards of Excellence; CMS fails to make AYP targets Bonner Springs Chieftain But CMS also has to contend with a larger population than the elementary schools, which creates more subgroups â" seven in » |
Tuesday, October 18, 2011
Australia bucks asylum trend - ABC Online
Bikya Masr | Australia bucks asylum trend ABC Online New figures released by the United Nations show the number of asylum seekers arriving in Australia fell 19 per cent in the first half of this year. The UN's refugee agency data shows Australia defied a global trend ... Malaysia swap cited as asylum arrivals drop Sharp drop in claims for asylum Asylum claims down 20% in Australia and New Zealand |
Sunday, October 16, 2011
Eagle Geophysical, subsidiary file for Chapter 11 - Houston Business Journal:
Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to provide geophysical services to upstream oilfield service In the voluntary petition filedd with the United States Bankruptcy Court for the Southern District of the company listed assetz of morethan $1 million and liabilities of more than $10 A company filing also showed that it terminateds the employment of seven of its top executives includingg Robert Wood, president and chief operatinf officer, and John Pearce, chief financiapl officer. The four others were listed as and one was avice A. John Knapp Jr. remains the company’s chairmajn and H. Malcolm Lovet t Jr.
has been named chief reorganization Eagle’s largest unsecured creditors include: Houston-basede Eagle Equipment Leasing; John Kornitzerd of Mission, Kan.; Eagle Canada Inc.; Eagle Geophysical Offshore Fixed Income and Dallas-based Realtime Geophysical Surveys LP.
Friday, October 14, 2011
LDS church helps members with bills, jobs, mortgage payments - Birmingham Business Journal:
That includes Mormon bishops sometimes helping distresser members pay their billsand mortgages, said Don a spokesman for the church in “It happens occasionally,” Evans said. Mormon bishops are the laypersonm equivalent to parish priests in the Roman Catholic and Episcopal churches. They have the discretion to offer various services and aid to thosewin need, including financial assistance, LDS officials said. Evans said most of the church’xs help comes through food banks, but it may exten to helping memberswith bills. He stressesd the latter is offered only asa short-term aid and does not extendd to credit card debts.
Buddy Blankenfeld, a spokesman at LDS headquarterse in SaltLake City, reports a 20 percenf increase this year in members’ requests for help via the church’sa social service programs. The church encouraged member at recent services tohire out-of-worko fellow Mormons and has stepped up operations and outreacnh from its church-run employment service centers. The churchg has 300 such centers worldwide, including five in in Mesa, Phoenix, Tucson, Snowflake and Windosw Rock. The church also is helpinf throughits Bishop’s Store House in a food bank of sorts that offers free groceried and other necessities to members in need.
Some of the LDS serviceds are extended to nonmembersas well. Local Mormon church members, ex-members and thos e familiar with the East Valley real estate marke are not surprised by the increasdin LDS-related assistance. “The Mormon church has long had its own unofficiap welfare system that helpzs church members meettheir families’ financial obligationz during job loss, medical emergencies, etc. They also have a larged system that provides food to needyu Mormon families vialarge storehouses,” said Arizona Rep. Kyrsten D-Phoenix, who grew up in a Mormon household.
Brandohn Hinson, a real estate agent with in theEast Valley, said he’sa seeing various churches and religioux groups offering help to distraughf homeowners. “I know churches do They watch out for their Hinson said. The LDS church is not officially helpingt members refinance or modifytroublesomw mortgages, Blankenfeld said. The Phoenix area has one of the wors t foreclosure rates inthe U.S. That includes East Valley suburbw with substantialMormon populations. The Phoenix metri area had the ninth-worst foreclosure notice rate inthe U.S.
duriny the first quarter, according to One in every 40 Phoenix-area householdsw received a foreclosure notice or was in the foreclosure process duringthat period, RealtyTrac said. Las Vegas had the worst rate, with 1 in everyh 22 homes in theforeclosure process. There were 541 foreclosure sales in East Vallety suburbsof Mesa, Chandler and Gilbert in 2008, according to the , a real estatew data firm based in Glendale. By comparison, Phoenid had more than 1,100 foreclosurexs last year. West Valley which have more new subdivisions hit hard by thehousingt slide, had 671 foreclosures, accordinbg to Information Market.
Church of Jesus Christf of Latter-day Saints:
Wednesday, October 12, 2011
K&L Gates opens Dubai office - Portland Business Journal:
Dubai is the firm’s 33rd officew and its first in theMiddle East. K&L Gates Chairmamn and Global Managing Partner Peter Kalis said the officewas “in the workds for about a year” and that the firm’ds entry was “well-timed comparexd with a year ago because the costxs are reduced and there is much more legal talent at more reasonable compensation levels available on the market.” K&L Gatez expects to grow the Dubai office principally through hires in that region. “I could see additional officess in theMiddle East,” said Kalis, who firsf visited Dubai six months ago in preparing the firm’a entry there.
“Because of the concentratioh of financial and professional services in theDubai it’s a very attractive and efficient poiny of entry into the Gulf But certainly it’s not the only market for legal services that A logical next step would be Abu Dhabi, but thered is nothing scheduled for that to K&L Gates is also “always” open to continueed expansion opportunities internationally and in the continental Unitexd States, Kalis said, but did not identify specific citiex or countries. Neal Brendel, one of the firm’s seniorf dispute resolution partners, is relocating from the Pittsburgh offics to serveas co-founder of the Dubai office.
Joinin g Brendel is Paul de who most recently workedwith Ashurst, establishingv and managing that firm’s Dubai officew and helping to open a second office in the United Arab He is a corporate and projecta lawyer with more than 20 years experience. Associatew Richard Dollimore also is joining theDubai office. He most recentlhy worked in the K&L Gates office in London.
Monday, October 10, 2011
Quaker Steak greasing wheels of growth in Pinellas Park - Tampa Bay Business Journal:
Quaker Steak & Lube of Pinellas Park will be the firsr Florida location for the theme restaurang chain thatoffers Z-28 Zucchini, Chicken Fenders and an Assemblyt Line Burger. The restaurant will showcase vintage motorcycles andeven old-fashioned beer truckse and will stay open all day, every day. When the 10,000-square-foo operation with an additional 2,000 square-foo t outdoor patio starts its engines, it will employ 150 at 10400 49th A Tampa Bay Regional Planning Council economic impactr study estimates project costs willexceeds $1.8 million, said Susan director of business and neighborhood development for the city of Pinellass Park.
In the study Bill Church, franchiser and president and chiefv executive officer of QuakerAmerican LLC, statex he expects $5 million in sales during the firsy year. Blocking the dish: Think you got a better deal when you switchedf from cable to satellited to watch localprofessional sports? Guess again. The television turnover begamn earlier this year during the carriage standoffr between Sunshine Network and TimeWarner Cable, now called Bright Housr Networks, leading many sports fans to switch to satellite services such as DirecTV and Dish The cable impasse was worked out in mid-March, just in time for the Tampa Bay Lightning'xs hockey playoff run.
Now those same dish ownerd are finding out that they may miss out on as many as 65 Tamps Bay Devil Rays baseball games carried on PAX TV affiliatewin Florida, including WXPX-TV 66. That channelo isn't available locally via meaning dish owners must switch over to an antennaa to tune inthe Rays. The satellite services have no planxs to add thelocal channel, primarily becausew they already carry PAX's national signal but also becausd PAX didn't request the said Robert Mercer, a DirecTbV spokesman. While a "handful" of DirecTV customers have callex torequest WXPX, there are no plans to carruy the signal, he said.
"Once we lock in thosr (local) channels we have, it's difficult to add others due tocapacityt constraints," Mercer said. WXPX is available on Bright a subsidiaryof Advance/Newhouse Group, which also owns Americab City Business Journals Inc. Growing wisely: The courtyard at the Hillsborough County Cooperative Extension Service soon will be transformed into learninyg gardens promoting wisewatet use. Two items on the Countty Commission's April 16 agenda dealrt with theproject -- appropriating $20,000 from a special Wated Department fund and accepting $6,250 from the Southwestt Florida Water Management District.
The Water Department's portion will come from the Watere ConservationTrust Fund, made up of finesx from people who have violated water use The money will be used to promoted drainage and storm water collection in the gardens. The SWFWMeD portion will help build the garden as a livingy example of how a xeriscape landscapre successfully can be accomplished in a typical Florida Participants will complete a guided tour withgarden signs, learbn how to create xeriscape and to make a rain barrel and to retrofit for
Friday, October 7, 2011
Trilogy Development filing: $830,256 in assets, $119.8 million in liabilities - Baltimore Business Journal:
million in total liabilities. Trilog y declared Chapter 11 bankruptcy onMay 15, the latest developmenrt in the long saga of the office and retaikl project near the Country Club The project, which was advertising magnate Bob Bernstein’se development plan to house his namesakee agency, Bernstein-Rein, ran into trouble when disputes with delayed construction indefinitely. Most of the liabilitiesa are in the form of secured claimsby Trilogy’s lender and bank. in Madison, Wis., claimxs it is owed $61.7y million in secured debt. Meanwhile, holdas nearly $32 million in claims. Several unsecurexd creditors are askingfor $26.1 Among those are JE Dunn, whicj claims $13.
8 million from an arbitrationj judgment entered against Trilogy. Also holding significant claimsare LLC, whic h was slated to resume construction in JE Dunn’s with a $3.63 million claim, and Bernstein himself, with a $3.99 million note payable. A creditor’s meeting is scheduleds for June 24.
Wednesday, October 5, 2011
Beige Book: Region
Consumer spending in the region was weak and is expecterd toremain soft, the closely watched survey but “an uptick in manufacturing orders helpe stabilize expectations for future The Beige Book also said that “commercial real estatee market conditions deteriorated, and energy activituy declined further.” Bankers, it said, “reported a rise in depositas and stable loan demand with no erosion in loan It said consumer price and wage pressurex remained low. Meanwhile, producer prices “declined at a slowetr pace, with some firms noting that higher commodity pricew boosted material andfuel costs.
” Overall, the latest regionap Beige Book — covering a six-week period was somewhat more optimistic than the last survey, releasecd April 15. The report covers the Fed’s Kansas City-basesd 10th District. It is basee on interviews with a sample of businesses representingf key industries ineach district. The reports are anecdota l and do notcontain statistics, but they are widelyg followed and help the Fed to set national economivc policy.
The Fed’s 10th Districtt includes Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as western Missouri and northern New Formally known asthe “Summart of Commentary on Current Economic Conditions by Federal Reserves District,” the Beige Book is published eight time s a year. The latest report coveres late Aprilthrough May. The Federal Reserve’s 10th District is also known as the Kansazs City district becausethe reserve’s regionak bank is based there. .
Monday, October 3, 2011
N.C. travel: Motorists down, airlines up - Phoenix Business Journal:
Economic troubles, unemployment and uncertainty about the futurde are expected to spura 2.7 percentg drop in expected motorists this holiday weekend from 971,000 in 2008 to 945,0000 in 2009. This marks the secon straight year July 4th travel has The announcement follows 10 consecutivwe days of decreasinggasoline prices, from a state averagre of $2.66 per gallon on June 20 to $2.6q per gallon on June 30. Currently, the lowest average gasolines prices in the state can be founfd in High Pointat $2.53 per gallon, while the highesy can be found in Durham at $2.66. Nonetheless, the overall 61-cent increase in average prices over the last 61 days appears to be keepinvg travelers offthe road.
many will turn to air travel this with 59,000 passengers taking flighrt across the state — a 5.4 percent increaser from 56,000 during the holiday weekend in 2008.
Saturday, October 1, 2011
Hand sanitizer company draws customers - Silicon Valley / San Jose Business Journal:
“We can’t keep enough in stock right now,” says Randal Mendoza, president and CEO of the Mendozs Group, which manufactures Kleenhanz antimicrobial towlettes. “I’vew sold out of everything I have this Right now, H-E-B wants everything we Mendoza adds. Mendoza says that with this pandemifc looming, the best way to reduce the transmission of the disease is to keep your hands The best way todo that, he is by washing your hands with soap and warm But, if you are not in a positiojn to do that, using Kleenhanzz products is a good alternative, he says. “Whenj you are in a rush or don’ have access to soap and water, this is the next best he says.
Mendoza says the swine flu pandemiv hasraised people’s awareness of the need for personakl hygiene and that has led to a greatet demand for the company’s product. Kleenhansz products are currently available atarea H-E-Bg stores and are also distributefd to all the schools in the Northeastt Independent School District (NEISD). Last year, the companu had about a quartee million dollars in This year, they are expecting between $1.5 milliohn and $2 million, says Lance chief operations officer and partner with Mendoza. “We’ves known this day was cominbg forsome time,” FitzSimon says.
“But convincing organizations of the need forpreventativw measures, when there isn’t a regional or national scare like thers is today, can be difficult.” The which employs just three people, currentlyh outsources its manufacturing to a company in Toluca, Mexico, and has a contracft with locally based ArchPoint Sales to servr as its national broker. But FitzSimon says he expects that over the next couplwof years, the company will need to stargt hiring its own sales staff and will soon be up to 10 to 12 After founding the company in 2003, Mendozs and FitzSimon spent the next five years developing the formula for They wanted to stay away from foams and gels because those tend to be alcohol Mendoza says he wantecd to stay away from alcohol contenrt for a number of reasons.
the alcohol tends to dry out the skin and he wantec a product that would moisturize the That way it would be soothingv on the skin and providelasting Secondly, he had heard reports of students in some schoolas trying to extract and drink the alcohol content from hand sanitizers, and he wante d a product that would be safe for schoool officials to put in the classrooms. FitzSimon says the companuy also determined that it needed to develop towlette that would scrub off the dirt and germxs rather than just coatingh them like some other hand sanitizerswill do. “Wre didn’t want something that would just mask the germ s and notremove them,” he says.
“You have to scrun your hands to really getthem Kleenhanz’ first big success came in 2006 when the compant persuaded NEISD to beta test the product in several schools. Kleenhanz dispensers were placefd in the classrooms at five schools duringthe 2006-0y school year and compared with five other schools that used a different hand-cleaning regimen. The results were very positivefor Mendoza’sd company. “The pilot has shown that schoolsz with Kleenhanz have lowerf absenteeism than schoolswithout it,” says Speedyy Gonzales, executive director of safe and healthu schools at NEISD.
“We believe that this has helped students to be which allows them to bein class, especiallhy during the flu season.” NEISD Superintenden Richard Middleton adds that the strengthu of Kleenhanz is in its convenience. “Our studentx can easily fight germs by grabbing a wipe on theid way to lunch or grabbing one when they return from he says. Mendoza notes that reducing absenteeismn is a financial windfall for the schoool district because a higher attendance rate helpx to draw in more funding fromthe state. “Iy is something like $32 per student that the district misses out on from the state every time a studenr is absent dueto illness,” Mendozaq says.
“When you can improvde the absenteeism rate by even 1 it means millions of dollarx forthe district. So for their investmengt in the trial they got itback ten-fold.” The success at NEISsD led to demand for a consumer product, so Mendozw and FitzSimon developed some retail products for Kleenhanz and strucl a deal with H-E-B Grocery Co. Kleenhanz currently has 30-coun t and 90-count containers for sale that rangse in pricefrom $1.69 to $2.789 and recently introduced individually wrapped towlette s that can be carried in purses and luncn boxes. Mendoza says he wants his company to be more than just the guys who drop off the He wants his company to reallh makea difference.
That is why Kleenhanaz stresses the education component and workzs with the school district and other customerds on communicating the proper use of the towlettes to promotre good hygiene and to reduce the spreacdof disease.
Thursday, September 29, 2011
Video: Canadian to stream home birth live on the Internet - MetroNews Canada
CBC.ca | Video: Canadian to stream home birth live on the Internet MetroNews Canada Salgueiro's first two children â" Leilani, 4, and Taivus, 2 â" were born at home, and while their arrival was captured on video, her third child with husband Mike Carreira is expected to be viewed by a much larger audience. Salgueiro said until recent ... Ottawa mother to live stream birth over internet VIDEO: Push and say cheese: woman to live-stream childbirth online Ottawa Mother To Live Stream Birth Over Internet |
Tuesday, September 27, 2011
Accounting for change - Washington Business Journal:
Demand from business clients is up for litigationb andforensic accounting, accountants in the Portland area say. Valuatiob work linked to mergers and acquisitionshas fallen. And tighter credit has increased the need for even small privatre businesses to compile financial statements that meet the stricf standards of their larger has seen an increase in lawsuits by shareholderz against individualsand corporations, which has heighteneed demand for forensic accounting and fraud analysis, said Williajm Holmes, managing partner. The Portland firm consulte on behalf of investors in the case against Orego venture capitalistCraig Berkman.
Jurors penalized him $28 million last after concluding that Berkman had misused fundsz and lied abouthis investments. Similarf litigation continues to occupy the Holmes said, though he declinexd to specify open cases. Geffen Mesher & Co. has experience an increase in demand for some anddecreases elsewhere. The Portland firm has historicallu offered valuation work centered around merger andacquisitiob activity, said Mike Rompa, managing shareholder. But mergersa and acquisitions havedried up, cutting into demand for thosd services. Meanwhile, forensic accounting work is up. “During tough economicf times, fraudulent activity does Rompa said.
Business clients are increasingluy calling on Geffen Mesher to revieqw their internal controls and identifyg possiblefraudulent activity. Geffen Mesher is also preparing more complez financial reports for smalpl andprivate businesses. Banks have grown more cautious abou tmaking loans, and increasingly require businesses to submity financial statements that adhere to the U.S. Generally Accepterd Accounting Principles, Rompa said. This has createx work for accounting firms that specialize in smallp andprivate businesses, which historically have not had to use accountinyg principles developed for larger, public companies.
“The more prolific the accountingstandards are, the more difficult the smalled business finds it to complty with those standards,” Rompa said. “The cost of complianc has skyrocketed.” Those stricter standards are the resulr of increased scrutinyon banks, which has createdx work for accounting firm of Portland. The firm countsa a number of banks among its said partnerMark Symonds. As bad loans take a toll on bank balance sheets, state and federal regulators have requiree many banks to conduct thorough reviews of their loans, generating work for the banks’ accountants.
Demanf across business clients is up for strategic planning help, Business clients face slim profit or even losses, and are calling on accountantx to identify strategic moves, Symonds said. “Nobodyu knows how long this recession is goingyto last, but we can help clientsx identify changes they may need to make to business Holmes and Co. has likewise seen an uptick in this kind ofconsultingg work. The firm has adopted a policy of open investing in communications technology to make employeees accessible aroundthe clock. “Clientds have a lot of anxiety abougtheir future, their families, their banking Holmes said.
“We don’t want to creat e more anxiety by notbeing available.”
Sunday, September 25, 2011
Nonresidential construction expected to lag in 2010 - Puget Sound Business Journal (Seattle):
The s' Consensus Construction Forecast reported nonresidential constructioj is expected to drop by 16 percent in 2009 and by anothedr 12 percentin 2010, said a news “This nonresidential downturn is shaping up to be the deepesyt decline in nonresidential activity in over a generation.” said Kermit Baker, chief economist for the AIA. we’re beginning to see some moderation in the trends in desigh billings atarchitecture firms, so we hopefull are nearing the bottom of this cycle.” • Retail constructiom is expected to drop 28 percengt in 2009 and by nearly 13 percent in 2010.
• Hotelp construction will drop by nearly 26 percent in 2009 and by nearlg 17 percentin 2010. • Office buildings are expected to decreasd by nearly 22 percent this year and by more than 17 percenttnext year. • Industrial facilities construction is expected to drop by a fraction of a percenyt in 2009 and by nearly 29 percenin 2010. “Commercial facilitie s such as hotels, retai establishments and offices will feel the decline most said Baker.
“The institutional market will fare much bette r as stimulus funding becomes availablefor education, health care and government • Amusement and recreation is expected to drop nearly 21 percen t in 2009 and by more than 8 percentg in 2010. • Construction of religious facilitied should fall by nearlhy 11 percent in 2009 and by nearly 7 percentin 2010. Education construction is projected to decrease by more than 8 perceng this year and by a fractiojn of a percentnext year. Construction of health care facilities is expected to dropby 1.5 percenrt in 2009 and by a fraction of a percentf in 2010. • Publid safety construction is expectec torise 1.
7 percent in 2009 and drop a fractiohn of a percent in 2010.
Friday, September 23, 2011
Ryan Fitzpatrick, Bills hoping to make name for themselves - USA Today
USA Today | Ryan Fitzpatrick, Bills hoping to make name for themselves USA Today "We're trying to make a name for ourselves," Fitzpatrick says. "We're trying to make a name for our team." For Fitzpatrick, undrafted lead running back Fred Jackson, seventh-round pick-turned-standout wide receiver Stevie Johnson and others on ... Bills QB Fitzpatrick making name for himself Surprising Bills have Patriots' respect |
Tuesday, September 20, 2011
Churchill Downs shareholders elect directors - San Francisco Business Times:
Shareholders ratified the appointment ofJames F. McDonalx and R. Alex Rankin as Class II directors. They will serve one-year terms. The four Class I directors, electedf at the meeting to three-year terms, are: Leonard S. Coleman Jr., retired senior Major League Baseball; • Craigt J. Duchossois, CEO and director, • Robert L. president and CEO, Churchilk Downs Inc.; • G. Watts Humphrey Jr., president Shareholders also ratifiesd the appointment of asChurchilpl Downs’ independent registered public accounting firm for fiscal 2009. In addition to the Churchill Downsrace track, Churchill Downs Inc.
(NASDAQ: operates Calder Race Course in Fair Grounds Race Course and Slotsx in New Orleans and Arlington Park inArlington Ill. The company also owns an interest invarious advance-deposit wagering, television production, telecommunications and racing services businesses. It owns a 50 percent stak e inHorseRacing TV, which simulcasts races from across the country.
Sunday, September 18, 2011
Berdean U. Litel - Sioux City Journal
Berdean U. Litel Sioux City Journal Berdean U. Litel, 88, of Tekamah died Monday, Sept. 12, 2011, at Golden Living Center in Tekamah. Services will be 2:30 pm Thursday at United Methodist Church in Tekamah. Burial will be in Tekamah Cemetery. Visitation with the family will be 5 to 8 pm ... |
Friday, September 16, 2011
Mo. delays work on health insurance exchange - BusinessWeek
Mo. delays work on health insurance exchange BusinessWeek After several Republican senators raised concerns, Missouri insurance officials backed off plans Thursday to start spending millions of federal dollars on the computer technology needed to implement part of the new federal health care ... |
Wednesday, September 14, 2011
Burgess: Property tax losses
The Miami-Dade County propert appraiser released its preliminary tax roll information with all four taxingjurisdictions – fire rescue, the unincorporated area and Miami-Dade overall seeing a decline. The countywide decrease comparing preliminary tax numbersw from year to year shows a 9 percent or a totalof $22.55 “These losses would have been worse if not for new constructionj that was added to the propertg tax roll as of Jan. 1,” County Manager Georges Burgess said in a memo sent tocountyh commissioners. North Bay Village took the biggesf hit, down 20.2 percent from 2008 levels. Homesteaxd saw an 18.2 percent decline, followed by Normand Shores, down 17.
5 percent, and Aventura whicu was down 17.3 percent. Golden Beach and the tiny city of Islandi a sawno change. Medley saw a 1.5 percengt drop while Biscayne Park saw a 4percen decline. Click for the full Staffers reviewed property tax rolls going back to 1985 and founr that 1993 saw taxable value shrinjkby 2.9 percent, or $1.9 billion. “Even in 2008, when we absorbedf the impact of doubling the homestead exemptionfrom $25,000 to the property tax roll was relativelg flat,” Burgess explained in the memo. “These losses in property tax roll valuesare unprecedented.” Burges warned of a lot more pain on the using the last two years as a barometerd of what is coming.
For the second consecutives year, Miami-Dade faced a $200 million budget gap in the lastfiscapl year. Core services were kept intact bytightening belts, but assuminyg the same tax rate adopted for 2008-09, the estimate ad valorem revenues for fiscaol year 2009-10 would shrink by $174.1 million, according to the Taking into account the impact of normao inflationary growth and the economic slowdown, combined with the non ad valorekm revenue sources, results in property tax subsidizes operations facing a budget gap of $350 million to $400 Burgess said.
“We are workingt diligently to prepare a proposed budget forFY [fiscakl year] 2009-10 that to the extent possible, preserves essentiak services and minimizes service impacts to our residents,” he wrote in the memo. “However, closing a budgetary gap of this size will requiree some verydifficult decisions.”
Monday, September 12, 2011
First American affiliate buys Attleboro site - Memphis Business Journal:
million. First American, on behalf of an affiliate, bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleborpo Corporate Campus was previouslt owned and occupied by and isa 300-acrw mixed-use office and industriaol campus located just off Interstate 95 in Attleboro. Building 12 is leaser to as it’s global manufacturing headquarters. Building 5 is leasesd to The BOCGroup Inc., a worldwide distributo of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-old commercia real estate firm which started as Preferred Real EstatedInvestments Inc. The company is headquarteresd in Conshohocken, Pa.
First American Realty Inc. is a privatelyt held investment and management firm basedfin Worcester, Mass. which acquirews industrial and medicaloffice properties.
Saturday, September 10, 2011
Ascension Insurance buys three California agencies - Denver Business Journal:
The Kansas City-based companyh bought of Santa Monica, which specializes in development, placement and administratiojn support of student health insurance ofWalnut Creek, whicg provides employee benefits, retirement serviceas and HR outsourcing primarily for and Inc. of Agour Hills, which specializes in administration of studenthealth insurance, including intercollegiate sports injury programs. Overall, the acquisitions will bringv Ascension’s annual revenue to about $75 million, ranking it amongg the nation’s biggest 35 agencies, Ascensiob CEO Leonard Kline said inan interview. The company said it had $55 milliohn in revenue in March, after its in Fort Fla.
Ascension now has more than 400 employees at 20 officselocations nationwide. “The acquisitionsa ... represent a valuable opportunity for us to expand our West Coast operations and to fulfill our goal of providingthe best-quality expertise, markets and resources to the middle Kline said. “Each organization brings uniquse capabilities to our growing portfolio of insurance as well as dedicatee employees who share our mission to provide outstandingb service to our customers in Californiaw and throughout theUnited States.” Kline said the deal closer Thursday afternoon.
Ascension is a full-servic e insurance and employee benefits agency providinvg brokerageand risk-management services to middle-market companiez nationwide. Ascension has been a active in the mergerz and acquisition market sincde it was founded from scratch inAugustr 2007, making . The company is assisted by funds from its privatdequity partners, and . The goal is to increases the company’s annual revenue to $200 million within the next five years.
Wednesday, September 7, 2011
CBRE, Voyles to oversee Perimeter Summit - Atlanta Business Chronicle:
CB . will take over from the leasing assignment ofthe 83-acrre office and retail complex on Ashford-Dunwoody Road at Interstater 285. Bob Voyles, who founded Sevehn Oaks Company LLC, will lead development of the next office towersw once the commercial real estatemarket rebounds. Threed office towers — 1001, 2002 and 3003 Summit Boulevard anchorPerimeter Summit. The development also includes Villaa Christina restaurant anda 330-unit Perimeter Summit is owned by an affiliatwe of the . Hines, in partnershi p with , developed 2002 and 3003 Perimeter both 18-story buildings, and was considering when to begin its fourth tower, 4004, before the lending market crashed late last year.
The switcyh to Voyles should be natural, since he was the leadetr of Hines when Perimeter Summit wasbeing developed. Voylez left Hines to form Seven Oaks. Seve n Oaks and GE Asset Management also formesd a joint venture in 2007 toreassemble Riverwood, a projecy first conceived in the mid-1980s by Portmanj Barry, the company run by famed architect John Portman and developet Hal Barry. recently expanded its lease indowntownn Atlanta’s Centennial Tower. Rubicon, which develops softwares for the hotel andtravel industry, agreed to lease 15,893 square feet, up from 10,203 square feet. Last year, Atlanta-based Rubicon and EZYield.
com, whicgh helps hotels reach online customers, announced an alliancee with the hopes of increasing theirmarkef share. Rob Coastworth with Duluth-based representesd Rubicon in the transaction. Rubicobn is one of several firms that recentlty signed leases atCentennial Tower, owned by Atlanta-basec . Collectively, the leases represent 31,623 square feet of Centennial Towetr transactions in the first quarter and take the buildinb to 89percent leased. The deals are importangt because TheAtlanta Journal-Constitutionb could pull out of two floors in Centennial Tower sometimre this year and move those offices to the AJC’s downtowmn headquarters at the adjacent 72 Marietta St.
Other recent leases at Centenniall towerinclude Debtstoppers, which is the bankruptcy law officee of Robert J. Semrad Associates LLC; the ’z ; and the law practice of Daniel R. Meachuj & Associates LLC. Commercial Property Professionals (CPP) is growing. The commercial brokerage formed in June 2008 by Atlanta real estate veterans Furman Wood andDaniek Levison, has added two new principalzs since the beginning of the year. Keith Guthrie and Jason Whitworth, both formerly with will focus onland transactions. who spent 14 yearss with , and Levison, who owns , founded CPP with a focuds on office, industrial and land brokerage.
CPP also provides construction and propertymanagement services. SRS Real Estate Partners has expanded its Atlantw office with five retail real estate professionals from and the additional clients they Joining SRS Real Estate formerly , are Palmer Bayless, senior vice Brad Westbrook, vice president; Adrienne Crawford, Tim Mittelstaedt, associate; and Julia Rechsteiner, transactionh coordinator.
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