coras-newport.blogspot.com
The filing, made in U.S. Bankruptcy Courrt in Manhattan, marks the largest ever filing of its kind fora U.S. It follows months of speculation thatthe 101-year-oldd company would have to restructure through the courts, despite desperated attempts by management to avoid the move. As it turnede out, though, the bankruptcty filing was the only way GM coulr get its hands on the government moneu it needs to Inits filing, GM listed $82.34 billion in assets and $172.8 billion in debts. The company's largest creditorws are WilmingtonTrust Company, representing bondholders holdingg $22.8 billion in debts, and UAW affiliates representin $20.6 billion in employee The U.S.
government has already injected $20 billioj into GM, and will provide another $30 billion to keep the compangy going as it works through The investment will buy the governmenta 72.5 percenr stake. That will give government official s more power to name members of the GM Officials have saidthey don’t want to get involvedc in the daily operations of the company. But that may provr to be quite a challenge with as much governmeng money asis involved.
"It's not forever," Bruce Belzowski, associate director of the Automotive Analysis Division at the Universitty of Michigan TransportationResearch Institute, told bizjournals in a telephone "If they had a choice, it would be a short perioed of time. The longer that it stretches out the more of a politicak liabilityit becomes.” Still, it could take more than a year beford G.M. emerges once more as a publiclyttraded company. While most public attentio n is focusedon GM, the automaker's many suppliers are certain to be affectes President Barack Obama is slate to talk about the auto industry shortly befor e Noon.
General Motors CEO Fritz Henderson will follo with a news conference ofhis own. Obama administratio n and GM officials have said they want a much more competitive GM to emerge from the bankruptcy within 60 to 90 GM plans to sell or closw such brandsas Saab, Hummer, and Pontiac, and will shed 2,600 dealerships. The company will closew 11 U.S. manufacturing facilities by the endof 2010. Plante throughout GM's system will be idled as the company downsizes. The that GM said will be closed and their dates include two assemblyplants - Mich. (October 2009), and Wilmington, Del. (July three stamping plants including the previously announced closingv in June ofGrand Rapids, Mich.
, Indianapolis, Ind. (Decembeer 2011), and Mansfield, Ohio (Juner 2010). Powertrain facilities in Livonia, Flint and Ypsilanti, as well as Ohio, and Fredericksburg, Va. are also on the closurde list, reports. To accomplish the leaner GM, the company will be split into a new GM and anold GM. The new GM will be owner by the U.S. and Canadian the United Auto Workers Union, and currenrt bond holders in the
Sunday, December 30, 2012
Saturday, December 29, 2012
Edison wins approval for solar panel installation - Business First of Buffalo:
coras-newport.blogspot.com
During the next five years Edison will own and operate 150 solat panels that will generate 250 megawattsof power. Edison was also grante the ability to solicitothefr solar-power companies to install similar panelk arrays and sell the power back to Edison, up to an additionall 250 megawatts. Edison says the 500 total megawattds makes theproject "thr largest photovoltaic program ever “The program will create hundreds of neighborhoox solar power plants, strengthen locao grid reliability and produce hundreds of new gree jobs to bolster Southern California’s economic recovery,” Chairman and CEO Theodor F. Craver Jr., said in a statement.
The firs t Edison site has alread been completed on the roof of a distribution warehousrein Fontana. According to Edison, it is the largestt single rooftop solar photovoltaic array inthe nation. Both Southernh California Edison and its parent EdisojnInternational (NYSE: EIX) are based in
During the next five years Edison will own and operate 150 solat panels that will generate 250 megawattsof power. Edison was also grante the ability to solicitothefr solar-power companies to install similar panelk arrays and sell the power back to Edison, up to an additionall 250 megawatts. Edison says the 500 total megawattds makes theproject "thr largest photovoltaic program ever “The program will create hundreds of neighborhoox solar power plants, strengthen locao grid reliability and produce hundreds of new gree jobs to bolster Southern California’s economic recovery,” Chairman and CEO Theodor F. Craver Jr., said in a statement.
The firs t Edison site has alread been completed on the roof of a distribution warehousrein Fontana. According to Edison, it is the largestt single rooftop solar photovoltaic array inthe nation. Both Southernh California Edison and its parent EdisojnInternational (NYSE: EIX) are based in
Wednesday, December 26, 2012
Defenses will be tested when Bears, Bruins meet for first-time in Holiday Bowl - Fox News
ogarawo.wordpress.com
Texarkana Gazette | Defenses will be tested when Bears, Bruins meet for first-time in Holiday Bowl Fox News SAN DIEGO â€" Now, this could be a Holiday Bowl. The Baylor Bears (7-5), whose offense ranks first nation » |
Tuesday, December 25, 2012
Texas experiences double-digit decrease in sales-tax revenue - San Antonio Business Journal:
paramonaxogilozi.blogspot.com
percent compared to June 2008. “Thew oil and gas, construction and retail trade sectors showedcontinued weakness, resulting in a shar p decrease in sales-tax collections in June,” Combs “Contributing to the decrease was not only the weakness in these three sectors, but also the stront level of collections received from them in June In addition to the $1.57 billion set asidre for the state, Combs send $426.7 million to cities, transit systems and special-purpose taxing districts in This is down 8.8 percent from July 2008. San Antonik received a monthly sales-tax allocation checki for $14.75 million for July. This is down 14.96 percent from July 2008.
receiver a sales-tax allocation check for $6.5 million in This is down 16.71 percent from July 2008. The San Antoni Advanced Transportation District received a checkjfor $3 million. This is down 15.26 percent from July 2008. Statew sales-tax collections in June and local sales-ta allocations in July are based on retaipl sales that occurredin May.
percent compared to June 2008. “Thew oil and gas, construction and retail trade sectors showedcontinued weakness, resulting in a shar p decrease in sales-tax collections in June,” Combs “Contributing to the decrease was not only the weakness in these three sectors, but also the stront level of collections received from them in June In addition to the $1.57 billion set asidre for the state, Combs send $426.7 million to cities, transit systems and special-purpose taxing districts in This is down 8.8 percent from July 2008. San Antonik received a monthly sales-tax allocation checki for $14.75 million for July. This is down 14.96 percent from July 2008.
receiver a sales-tax allocation check for $6.5 million in This is down 16.71 percent from July 2008. The San Antoni Advanced Transportation District received a checkjfor $3 million. This is down 15.26 percent from July 2008. Statew sales-tax collections in June and local sales-ta allocations in July are based on retaipl sales that occurredin May.
Monday, December 24, 2012
Picking over the pieces of DayJet - Kansas City Business Journal:
xszeyluje.blogspot.com
After failing to generate enough revenue or secure additional theBoca Raton-based air taxi pioneer on Nov. 14 filedd for bankruptcy liquidation less than a year after it began operating. It listed more than $23 millio in liabilities and $17 million in DayJet, founded by Ed Iacobucci, who also started softwarde giant , used a new software scheduling system toprovided per-seat, on-demand flights to smaller Albuquerque, N.M.
-based , which supplied DayJet with its aircraft, had the largesty bankruptcy claim at $16 Eclipse filed for bankruptcy shortly after The 28 Eclipse jets that made up DayJet’e fleet were foreclosed on and sold earlier this year, said Georges Miller, bankruptcy trustee. Miller said he heard from industry sourced that each jet sold for about They costabout $1.1 millioh when new. Stuart an aviation consultant withCoral Gables-based Klaskin, Kushner Co., said he also heard the planes were sold for abouy $600,000. That would have been a good deal for the selle r if buyers face problems getting theplanes serviced, Klaskijn added.
Next up for sale is a mishmash of propertt that DayJet forfeited to its landlord when it left the Boca Ratobn Research and Development Parknear . The Boca R&D Project 7 LLC will conduct a public sale at10 a.m. on June 18. The landlorfd did not immediately return callfor comment, but, among other things, a public for-sale notice lists computers, printers, office furniture, a stainless steel refrigeratodr and 14 airplane tires. Klaskin, who said he has studiesd several bankruptcies, noted that everything goes on the blocok when acompany dissolves. “At the end of the day, it oftenn comes down to coffee cups and fax he joked.
“Every office ought to have at leasty oneairplane tire.” But, DayJet’s interes in its sister DayJet Technologies, may still fetcgh some real money. DayJet Technologies, which developeds the software used to schedulew anddispatch planes, is not in Chapteer 7. Pending court approval, Miller said he has a buyer of who will pay atleasrt $250,000 for DayJet Corp’s 35 percent stake in DayJe Technologies. Klaskin said the technology might have valued for another air taxi start up that growa at a more modest pacethan DayJet. “It’z entirely possible that there may be some use in that applicationb forthe technology,” he said.
there are probably good deals to be had on airplane tire s comeJune 18.
After failing to generate enough revenue or secure additional theBoca Raton-based air taxi pioneer on Nov. 14 filedd for bankruptcy liquidation less than a year after it began operating. It listed more than $23 millio in liabilities and $17 million in DayJet, founded by Ed Iacobucci, who also started softwarde giant , used a new software scheduling system toprovided per-seat, on-demand flights to smaller Albuquerque, N.M.
-based , which supplied DayJet with its aircraft, had the largesty bankruptcy claim at $16 Eclipse filed for bankruptcy shortly after The 28 Eclipse jets that made up DayJet’e fleet were foreclosed on and sold earlier this year, said Georges Miller, bankruptcy trustee. Miller said he heard from industry sourced that each jet sold for about They costabout $1.1 millioh when new. Stuart an aviation consultant withCoral Gables-based Klaskin, Kushner Co., said he also heard the planes were sold for abouy $600,000. That would have been a good deal for the selle r if buyers face problems getting theplanes serviced, Klaskijn added.
Next up for sale is a mishmash of propertt that DayJet forfeited to its landlord when it left the Boca Ratobn Research and Development Parknear . The Boca R&D Project 7 LLC will conduct a public sale at10 a.m. on June 18. The landlorfd did not immediately return callfor comment, but, among other things, a public for-sale notice lists computers, printers, office furniture, a stainless steel refrigeratodr and 14 airplane tires. Klaskin, who said he has studiesd several bankruptcies, noted that everything goes on the blocok when acompany dissolves. “At the end of the day, it oftenn comes down to coffee cups and fax he joked.
“Every office ought to have at leasty oneairplane tire.” But, DayJet’s interes in its sister DayJet Technologies, may still fetcgh some real money. DayJet Technologies, which developeds the software used to schedulew anddispatch planes, is not in Chapteer 7. Pending court approval, Miller said he has a buyer of who will pay atleasrt $250,000 for DayJet Corp’s 35 percent stake in DayJe Technologies. Klaskin said the technology might have valued for another air taxi start up that growa at a more modest pacethan DayJet. “It’z entirely possible that there may be some use in that applicationb forthe technology,” he said.
there are probably good deals to be had on airplane tire s comeJune 18.
Saturday, December 22, 2012
Newmark Homes Houston buying local TOUSA assets - Minneapolis / St. Paul Business Journal:
hustbelogehy1857.blogspot.com
TOUSA plans to complete and sell all homes currently under Moody said the new companu will be privately locally ownedand financed. “Our management team has over 70 combined experience,” he said. The new companyg plans to build 60 homes ranging in pricefrom $160,000 to more than $600,000 in the first 60 days of operation, which will officially begibn June 15. Moody said 55 employeex of TOUSA will remain with the new compant after TOUSA winds down its localbusines operations. TOUSA’s predecessor company was founded in Houston in 1983 as and completedd an initial public offering inMarch 1998. In December 1999, TOUSA Inc. acquired 80 percent of Newmark’s stock.
TOUSA Inc. also acquired 100 percenr of then-public in November 2000. On June 25, Engle merged with Newmark, and the merged companh changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it plannee to lay off 156 people in the Houstoj area from its Newmar k Homes brand beginning May 22 due to the downturn in thehousinfg market.
TOUSA plans to complete and sell all homes currently under Moody said the new companu will be privately locally ownedand financed. “Our management team has over 70 combined experience,” he said. The new companyg plans to build 60 homes ranging in pricefrom $160,000 to more than $600,000 in the first 60 days of operation, which will officially begibn June 15. Moody said 55 employeex of TOUSA will remain with the new compant after TOUSA winds down its localbusines operations. TOUSA’s predecessor company was founded in Houston in 1983 as and completedd an initial public offering inMarch 1998. In December 1999, TOUSA Inc. acquired 80 percent of Newmark’s stock.
TOUSA Inc. also acquired 100 percenr of then-public in November 2000. On June 25, Engle merged with Newmark, and the merged companh changed its name toTOUSA Inc. In March, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it plannee to lay off 156 people in the Houstoj area from its Newmar k Homes brand beginning May 22 due to the downturn in thehousinfg market.
Friday, December 21, 2012
NACA to add more than 1,000 jobs in Charlotte - Business First of Louisville:
sucujovide.wordpress.com
The hiring will begin with the national nonprofit hosting a job fair Fridatand Saturday. NACA focuses on lendinb to low- and moderate-incomre families. Gov. Bev Perduw announced the expansion Thursday, with the state giving NACA a $1 millio n grant from the One NorthCarolina Fund. It plans to invesy more than $4 milliohn here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunith forthe Charlotte-area,” Perdue “Our top-rated business climater and skilled financial-services work force are attractivse to growing national operations.
” NACA is headquartered in Boston and operates more than 40 officeas nationwide. It currently employs about 100 workers in Mecklenburtg County to originate and processwmortgage loans. Under the five-year state incentiv agreement, the organization plans to add 550 jobs The jobs will pay an average annual wage of Salaries will range upto $80,000 annually. The hirinf will focus on mortgage negotiators, customer-service representatives, call-centet managers and mortgage counselors. “NACzA is excited that it’s putting more than 1,009 people to work during these tougheconomix times,” NACA Chief Executive Brucs Marks said Thursday.
“Today’s announcement is more than just a souncbite — we are following through on this investmentf by holding a jobs fair tomorroq to hire 550 people immediately.” Perdue said Thursday that she consultedd with former Bank of Americsa Corp. Chairman Hugh McColl Jr. about the McColl has been a longtimde supporterof NACA’s work. BofA begamn a partnership with NACAunder McColl’s watch in 1995 and in 2004 committee $6 billion to its lending program. Perdue says McColll confirmed to her that he expectedc NACA could follow througuh on its job commitments in severalphond conversations.
“When someone begins something like thisin Charlotte, it alwayx grows,” McColl said in an interview “They’ll come in and find this is a good placw to find (a work force). I would hope it would be an eruptionof jobs, not just trickle The group claims it will be the largestr number of people hired immediatelt in one area and the largest job commitmenf in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarkes on a nationwide Save theDream Tour.
Marks says the added jobs are cruciak as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-term solutions for homeowners with an unaffordable “Charlotte continues to be attractive becauss of our knowledgeable financial-services work force and we welcome NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltef (D-Mecklenburg) said in a release. NACA’s Counseling Center is in the Charlott East office park off Albemarle Road between Central Avenue and FarmPond Lane.
“Charlott continues to be recognized as a leader in financial services with a talented and experiencedlabord force,” says Charlotte Chamberf Chairman Tim Belk. “Ww are pleased to welcome NACA to the community and look forward to the investmenft in jobs and presence they will brinhg to ourEast side.” The chamber assistede NACA in its expansion effort. Charlotte East ownee Roger Kellogg, principal of , and leasinh director Eric Speckman have worked closely with NACA since 2007, when the nonprofit established a small office in the park. NACA has legally bindingf agreements with all themajor lenders/servicers to restructured the mortgages they service.
The NACA agreementas cover more than 90 percenr of homeowners with an unaffordable The staff from the Counseling Center in Charlotte will trave nationwide to work on Save the Dreak events where morethan 25,000 people are counseled over four with thousands receiving affordablw restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wherr necessary the principal reduced. The organization, startedd in 1988, has the primary goal of buildint strong, healthy neighborhoods nationwidwe throughaffordable homeownership. NACA operations include financialp counseling, specialized mortgage services and a Home Save progra for homeowners with anunaffordable mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Friday and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
The hiring will begin with the national nonprofit hosting a job fair Fridatand Saturday. NACA focuses on lendinb to low- and moderate-incomre families. Gov. Bev Perduw announced the expansion Thursday, with the state giving NACA a $1 millio n grant from the One NorthCarolina Fund. It plans to invesy more than $4 milliohn here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunith forthe Charlotte-area,” Perdue “Our top-rated business climater and skilled financial-services work force are attractivse to growing national operations.
” NACA is headquartered in Boston and operates more than 40 officeas nationwide. It currently employs about 100 workers in Mecklenburtg County to originate and processwmortgage loans. Under the five-year state incentiv agreement, the organization plans to add 550 jobs The jobs will pay an average annual wage of Salaries will range upto $80,000 annually. The hirinf will focus on mortgage negotiators, customer-service representatives, call-centet managers and mortgage counselors. “NACzA is excited that it’s putting more than 1,009 people to work during these tougheconomix times,” NACA Chief Executive Brucs Marks said Thursday.
“Today’s announcement is more than just a souncbite — we are following through on this investmentf by holding a jobs fair tomorroq to hire 550 people immediately.” Perdue said Thursday that she consultedd with former Bank of Americsa Corp. Chairman Hugh McColl Jr. about the McColl has been a longtimde supporterof NACA’s work. BofA begamn a partnership with NACAunder McColl’s watch in 1995 and in 2004 committee $6 billion to its lending program. Perdue says McColll confirmed to her that he expectedc NACA could follow througuh on its job commitments in severalphond conversations.
“When someone begins something like thisin Charlotte, it alwayx grows,” McColl said in an interview “They’ll come in and find this is a good placw to find (a work force). I would hope it would be an eruptionof jobs, not just trickle The group claims it will be the largestr number of people hired immediatelt in one area and the largest job commitmenf in the country since the mortgage crisis began in 2007. The hiring comes as NACA embarkes on a nationwide Save theDream Tour.
Marks says the added jobs are cruciak as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-term solutions for homeowners with an unaffordable “Charlotte continues to be attractive becauss of our knowledgeable financial-services work force and we welcome NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltef (D-Mecklenburg) said in a release. NACA’s Counseling Center is in the Charlott East office park off Albemarle Road between Central Avenue and FarmPond Lane.
“Charlott continues to be recognized as a leader in financial services with a talented and experiencedlabord force,” says Charlotte Chamberf Chairman Tim Belk. “Ww are pleased to welcome NACA to the community and look forward to the investmenft in jobs and presence they will brinhg to ourEast side.” The chamber assistede NACA in its expansion effort. Charlotte East ownee Roger Kellogg, principal of , and leasinh director Eric Speckman have worked closely with NACA since 2007, when the nonprofit established a small office in the park. NACA has legally bindingf agreements with all themajor lenders/servicers to restructured the mortgages they service.
The NACA agreementas cover more than 90 percenr of homeowners with an unaffordable The staff from the Counseling Center in Charlotte will trave nationwide to work on Save the Dreak events where morethan 25,000 people are counseled over four with thousands receiving affordablw restructured mortgages with permanent interest rates often at 4 3 percent and 2 percent and wherr necessary the principal reduced. The organization, startedd in 1988, has the primary goal of buildint strong, healthy neighborhoods nationwidwe throughaffordable homeownership. NACA operations include financialp counseling, specialized mortgage services and a Home Save progra for homeowners with anunaffordable mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Friday and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporationof America, including employment opportunities, go to
Thursday, December 20, 2012
Agilent Technologies Introduces Industry's First eMMC Compliance Test ... - Equities.com
ogarawo.wordpress.com
Agilent Technologies Introduces Industry's First eMMC Compliance Test ... Equities.com ... (http://www.agilent.com/home/leaving.html?http://www.jedec.org/), PCI-SIG (http://www.agilent.com/home/leaving.html?http://www.pcisig.com/), Video Electronics Standards Association (http://www.agilent.com/home/leaving.html?http://www.vesa.org ... |
Wednesday, December 19, 2012
Group: Palace lobbied, bought votes for RH bill | Headlines, News, The ... - Philippine Star
ogarawo.wordpress.com
Group: Palace lobbied, bought votes for RH bill | Headlines, News, The ... Philippine Star MANILA, Philippines - A former government official who witnessed the third reading proceedings at the House of Representatives called the approval of the Reproductive Health (RH) bill an "empty victory" and a result of Malacañang's interference in ... |
Monday, December 17, 2012
Wilma Dee Schumaker Shelnutt (1917-2012) - The Democrat Leader (subscription)
zlatkopaisley1275.blogspot.com
Wilma Dee Schumaker Shelnutt (1917-2012) The Democrat Leader (subscription) Wilma Dee Schumaker Shelnutt, of New Franklin, passed away Dec. 14, 2012, at the Fayette Caring Center. She was 95. She was born May 3, 1917, in Lewistown, Mo., to the late Roy and Oral Lee Barklew Roberts. Prior to retirement, she was a nurse's aide ... |
Sunday, December 16, 2012
Saturday, December 15, 2012
Raymond R. Neiser Executive Profile
kapitonragomo.blogspot.com
**All Executive profile data provided byDow
**All Executive profile data provided byDow
Thursday, December 13, 2012
Starbucks Is Reinventing the Role of Payments. Will Payments Leaders Take ... - Forbes
kapitonragomo.blogspot.com
Forbes | Starbucks Is Reinventing the Role of Payments. Will Payments Leaders Take ... Forbes Their $450 Steel card, which has already sold out and is now commanding jaw-dropping premiums on eBay, once again has Starbucks at the center of the conversation in payments. Is the Steel card just a novelty item? Or does it tap into something deeper ... |
Wednesday, December 12, 2012
Florida files suit against Arbitron, alleges bias - South Florida Business Journal:
sucujovide.wordpress.com
in an effort to stop the releasw of what the state attorneuy generalcalls “flawed radio station The , filed in Miami-Dadde County Circuit Court by Attorney General Bill alleges that Arbitron’s sampling methodology “significantly undercounts” minority listeners, and that the “flawed ratings … threaten the viability of ratio stations … that air programmingb targeted at those minorities.” Arbitronh solicits listeners intended to be representative of the market beingb measured.
They agree to have their radiio listening monitored through Portable PeopleMeters (PPMs), which recore encoded transmissions in radio frequencies detecter in the vicinity of the device. Arbitron then converts the data into ratingas of the radio stations in that Those ratings are expected to be releaser laterthis week. Advertisers rely on the ratings to determine where to buy The lawsuit allegesthat Arbitron’zs PPM service produces unreliable ratings becaus e it fails to recruit minorities as panelists and, fails to use sufficient data from minorities to calculate The suit claims that Arbitron has produced ratings in the Miami area market based on the new methodologyu that “show significant decreases for several minorit broadcasters, especially given the fact that certain minority broadcasters are not subscribing to this methodology and are thus excludedf from the ratings.
” Advertising agencies have already begujn contacting numerous minority broadcasters in the Miami market, seeking to negotiatr a 30 percent to 50 percent discount in their rates in anticipationb of the currency ratings under Arbitron’s new methodology, the suit claims. The suit claims rating for minority broadcasters in the New York radiko market have fallen 40 percent to 60 percent sincelast “with a precipitous drop in revenue, since broadcasting revenue is directlt related to ratings.” In Arbitron settled lawsuits filed in New York and New Jersey that made simila allegations.
It agreed to “substantially improve” the methodology of the Calls to Arbitron about the Florida lawsuit were notimmediately Arbitron’s PPM service is currently facing investigation by the FCC and the U.S. House of Representativess Committee on Oversight andGovernment Reform.
in an effort to stop the releasw of what the state attorneuy generalcalls “flawed radio station The , filed in Miami-Dadde County Circuit Court by Attorney General Bill alleges that Arbitron’s sampling methodology “significantly undercounts” minority listeners, and that the “flawed ratings … threaten the viability of ratio stations … that air programmingb targeted at those minorities.” Arbitronh solicits listeners intended to be representative of the market beingb measured.
They agree to have their radiio listening monitored through Portable PeopleMeters (PPMs), which recore encoded transmissions in radio frequencies detecter in the vicinity of the device. Arbitron then converts the data into ratingas of the radio stations in that Those ratings are expected to be releaser laterthis week. Advertisers rely on the ratings to determine where to buy The lawsuit allegesthat Arbitron’zs PPM service produces unreliable ratings becaus e it fails to recruit minorities as panelists and, fails to use sufficient data from minorities to calculate The suit claims that Arbitron has produced ratings in the Miami area market based on the new methodologyu that “show significant decreases for several minorit broadcasters, especially given the fact that certain minority broadcasters are not subscribing to this methodology and are thus excludedf from the ratings.
” Advertising agencies have already begujn contacting numerous minority broadcasters in the Miami market, seeking to negotiatr a 30 percent to 50 percent discount in their rates in anticipationb of the currency ratings under Arbitron’s new methodology, the suit claims. The suit claims rating for minority broadcasters in the New York radiko market have fallen 40 percent to 60 percent sincelast “with a precipitous drop in revenue, since broadcasting revenue is directlt related to ratings.” In Arbitron settled lawsuits filed in New York and New Jersey that made simila allegations.
It agreed to “substantially improve” the methodology of the Calls to Arbitron about the Florida lawsuit were notimmediately Arbitron’s PPM service is currently facing investigation by the FCC and the U.S. House of Representativess Committee on Oversight andGovernment Reform.
Tuesday, December 11, 2012
Sunday Supper recipe: Seared Scallops with Shallots & Grapefruit Sauce - Detroit Free Press
shemwellmygalej1291.blogspot.com
Sunday Supper recipe: Seared Scallops with Shallots & Grapefruit Sauce Detroit Free Press Working in batches if necessary, add the scallops (don't crowd them in the pan) and cover with a splatter screen if you have one, and cook until they are golden brown on both sides and almost firm to the touch, 2 to 4 minutes per side. Add the shallot ... |
Sunday, December 9, 2012
SEC: N.Y. investment firm misled S. Fla. seniors - Business Courier of Cincinnati:
yqyqynesara.blogspot.com
"They used free lunches as the low-tecnh bait for their high-scale said Robert Khuzami, director of the SEC's Divisiohn of Enforcement. The SEC alleges elderly and retiref investors were lured into purchasing highlyg unsuitable variable annuities with lucrative sales commissions while ignoring the financial goals of The SEC alleges thatEric J. Brownh of Highland Beach, Matthew J. Collinw of Boynton Beach, Kevin J. Walsh of Viera, and Mark W. Wellsx of Boca Raton, were among those offering and sellingthe It’s alleged that the firm and its representativea earned millions of dollars in saleds commissions.
PCS is a registered broker-dealer and wholly-ownecd subsidiary of Gilman Ciocia, an income tax preparation businesws headquartered in Poughkeepsie that offers financial servicex inNew York, New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who represents Prime Gilman Ciocia, and several of the including Collins and Wells, said the conduct at issu e in the complaint is "very old" and occurredf in the late 1990s and early 2000. He said the companyt reached a settlement with the when it was called the As part of that the company implementedsome wide-ranginf updates to its supervisorg and compliance systems in 2005, Heim said.
He addef that he didn't know why the SEC was goingb over thesame ground. "All of theser issues were addressed years ago and we feelthe company's responsr has been appropriate," he said. While Brown and Walsh have since left, Collins and Wells are still with the he said. An administrativre law judge will determine whether the allegations againstt the respondents aretrue and, if so, whether they should be ordered to cease and desist from future violations.
"They used free lunches as the low-tecnh bait for their high-scale said Robert Khuzami, director of the SEC's Divisiohn of Enforcement. The SEC alleges elderly and retiref investors were lured into purchasing highlyg unsuitable variable annuities with lucrative sales commissions while ignoring the financial goals of The SEC alleges thatEric J. Brownh of Highland Beach, Matthew J. Collinw of Boynton Beach, Kevin J. Walsh of Viera, and Mark W. Wellsx of Boca Raton, were among those offering and sellingthe It’s alleged that the firm and its representativea earned millions of dollars in saleds commissions.
PCS is a registered broker-dealer and wholly-ownecd subsidiary of Gilman Ciocia, an income tax preparation businesws headquartered in Poughkeepsie that offers financial servicex inNew York, New Jersey, Pennsylvania and Florida. Robert a NewYork attorney who represents Prime Gilman Ciocia, and several of the including Collins and Wells, said the conduct at issu e in the complaint is "very old" and occurredf in the late 1990s and early 2000. He said the companyt reached a settlement with the when it was called the As part of that the company implementedsome wide-ranginf updates to its supervisorg and compliance systems in 2005, Heim said.
He addef that he didn't know why the SEC was goingb over thesame ground. "All of theser issues were addressed years ago and we feelthe company's responsr has been appropriate," he said. While Brown and Walsh have since left, Collins and Wells are still with the he said. An administrativre law judge will determine whether the allegations againstt the respondents aretrue and, if so, whether they should be ordered to cease and desist from future violations.
Saturday, December 8, 2012
Browne
sucujovide.wordpress.com
Kerry Browne does, though. She and her husband, John have owned at 3300 Pennsylvania Ave. sinc e July 1, 1981, when they bought it from her MargieBlake Browne. Their age 4 and 6, sometimes servs up soft drinks in the she said. Her nieces and nephews work there, too. Kerryh Browne’s mother died in 2004, but she had been at the storr every day until near the end ofher Browne’s great-grandparents, Ed and Mary had started the store in the fron t of their house at 27th and Jefferson streetzs in 1887. They moved it to its current location in 1901 in what was thenthe city’s The Flavins’ daughter, Margaret, and her husband, James R.
took over the stored from them in andKerry Browne’s mother and father, Jamess R. “Bob” Browne Jr., took it over in 1956. Browne’es Irish Market & Deli dubbed North America’s oldest Irish business by the and considered to beKansas City’ss oldest retail business, according to Kerry Browne — is celebratint its 122nd anniversary with a street fair on Saturdayy that includes live music, drink and other festivities. “We found our own nichr and found ourown crowd,” Kerry Brown said. “We have several generations of The store hastwo full-time and two part-time employees. That total rises to about 12 around St.
Patrick’s Day and Christmas, she said. The cornecd beef count? They sell a couple hundred pounds a month and that much a dayaround St. Patrick’s Day. Business is good, Kerry Brownw said, and she and her husband “haven’t felt the crunch that everybodyelse feels” economically. “Wwe still get the corporate crowd for she said. The storr is split between the deli and a sectio in the building to the south that sellsIrishj imports, including foods, clothing and housewares. Kerry Browne and her uncle, Edwardc J.
Browne, own the store’d main building, the building to the south, where her great-grandparents used to live, and a thirdc building to the west, a residential In the past three years, Kerry Brownwe and McClain bought vacant land to the soutj for possiblefuture development. Browne said she and her husbane reopened the building to the south durint Thanksgiving weekendin 2008, doublinvg the store’s space. She and McClaih travel to Ireland for wares to bring back and sell in the They also meet with Irish suppliers twicea year, once in New York and once in “It’s truly a family life,” Kerry Browne “For years, we worked side by side.
We get to be with our and our customers areour friends. Few peopl e get to live their dreamevery day, and I think we More information about Saturday’s streetg fair .
Kerry Browne does, though. She and her husband, John have owned at 3300 Pennsylvania Ave. sinc e July 1, 1981, when they bought it from her MargieBlake Browne. Their age 4 and 6, sometimes servs up soft drinks in the she said. Her nieces and nephews work there, too. Kerryh Browne’s mother died in 2004, but she had been at the storr every day until near the end ofher Browne’s great-grandparents, Ed and Mary had started the store in the fron t of their house at 27th and Jefferson streetzs in 1887. They moved it to its current location in 1901 in what was thenthe city’s The Flavins’ daughter, Margaret, and her husband, James R.
took over the stored from them in andKerry Browne’s mother and father, Jamess R. “Bob” Browne Jr., took it over in 1956. Browne’es Irish Market & Deli dubbed North America’s oldest Irish business by the and considered to beKansas City’ss oldest retail business, according to Kerry Browne — is celebratint its 122nd anniversary with a street fair on Saturdayy that includes live music, drink and other festivities. “We found our own nichr and found ourown crowd,” Kerry Brown said. “We have several generations of The store hastwo full-time and two part-time employees. That total rises to about 12 around St.
Patrick’s Day and Christmas, she said. The cornecd beef count? They sell a couple hundred pounds a month and that much a dayaround St. Patrick’s Day. Business is good, Kerry Brownw said, and she and her husband “haven’t felt the crunch that everybodyelse feels” economically. “Wwe still get the corporate crowd for she said. The storr is split between the deli and a sectio in the building to the south that sellsIrishj imports, including foods, clothing and housewares. Kerry Browne and her uncle, Edwardc J.
Browne, own the store’d main building, the building to the south, where her great-grandparents used to live, and a thirdc building to the west, a residential In the past three years, Kerry Brownwe and McClain bought vacant land to the soutj for possiblefuture development. Browne said she and her husbane reopened the building to the south durint Thanksgiving weekendin 2008, doublinvg the store’s space. She and McClaih travel to Ireland for wares to bring back and sell in the They also meet with Irish suppliers twicea year, once in New York and once in “It’s truly a family life,” Kerry Browne “For years, we worked side by side.
We get to be with our and our customers areour friends. Few peopl e get to live their dreamevery day, and I think we More information about Saturday’s streetg fair .
Friday, December 7, 2012
Artel names Rosalind Kadasi CFO - Washington Business Journal:
bengeyqafiba1640.blogspot.com
Kadasi, who previously was the senior director of finance and compliancwe and the senior controller of SEC and management reportin g for the public services unit ofbankrupt , will be responsiblw for all of Artel’z administration functions including finance, accounting, humajn resources and contracts among othert functions. Kadasi will reporf to Artel CEOAbbas Yazdani. “Wse are delighted to have Kadasi join ARTEL at a time when we are experiencinhgsignificant growth,” said “With her extensive experience in government finance, we are confidenyt she will be an excellent addition to our senio r management team.
” Kadasi was responsible for updatingg BearingPoint’s government financial reporting that was a source of many of BearingPoint’s financial troubles. Before workinvg at McLean-based BearingPoint, Kadasi workedf for several technology companies in Virginiazincluding Nortel, where she was vice presideny of finance, AC Technologies as the company’sa CFO and Carana where she was the company’xs controller. Artel, founded in 1986, operates in 12 countries, providing IT, telecomm network and security servicesto businesses.
Kadasi, who previously was the senior director of finance and compliancwe and the senior controller of SEC and management reportin g for the public services unit ofbankrupt , will be responsiblw for all of Artel’z administration functions including finance, accounting, humajn resources and contracts among othert functions. Kadasi will reporf to Artel CEOAbbas Yazdani. “Wse are delighted to have Kadasi join ARTEL at a time when we are experiencinhgsignificant growth,” said “With her extensive experience in government finance, we are confidenyt she will be an excellent addition to our senio r management team.
” Kadasi was responsible for updatingg BearingPoint’s government financial reporting that was a source of many of BearingPoint’s financial troubles. Before workinvg at McLean-based BearingPoint, Kadasi workedf for several technology companies in Virginiazincluding Nortel, where she was vice presideny of finance, AC Technologies as the company’sa CFO and Carana where she was the company’xs controller. Artel, founded in 1986, operates in 12 countries, providing IT, telecomm network and security servicesto businesses.
Wednesday, December 5, 2012
Former local football star flounders financially - Charlotte Business Journal:
stockdaleiqemico1521.blogspot.com
million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosurre judgments on multifamily properties in theTampa area, and face a pendin g foreclosure lawsuit against a third. His Bernie Kosar’sz Steakhouse was evicted from its South Miamii spacein November. Many South Floridqa and Cleveland sports fans remember Kosadr for his stellar success on the He led UM to its firsg football national championship in then played 12 seasons inthe NFL, mostly with the . now 45, played his final season with thein 1996. The UM trustee is a minorit y owner of boththe NHL’s and the , an team that sat out the past seasomn along with the rest of the league.
The Plain Dealer reported that the Gladiatorslost $2 milliom to $2.5 million in the inaugurak 2008 season, during whic h Kosar was team presidenty and guided the team to the semi-finals. Meanwhile, the Panthera have discussed merging the team with a New York Street & Smith’s SportsBusiness Journal has reported. It appears Kosart could use some money to paymountinb judgments. In April, National City Bank won a $4.2 milliobn judgment against Kosar andBJK LLC. It was baseed on the remaining delinquent amount of a promissoryy note that was increasedto $12 million in 2005, with Kosa r as a personal guarantor.
The lawsuitr does not say what BJK and Kosar used themoney for, but it said he defaulted on the note in June 2008. Kosar’ s attorney, David Lister of Weston, did not returb repeated callsseeking comment. West Palm Beach-based attorney Michael T. who represents National City Bank, also did not return several calls. Kosar’s attempt at running some multifamil y propertieson Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalk LLC on May 11 losta $2.9 milliom foreclosure judgment to Florida Bank in Pinellas County Circuit Court. The 36-unit buildint was scheduled for public sale onJune 16. In April, Kosaf and his Oakmont LLC losta $3.
3 millioj foreclosure judgment to Florida Bank in Hillsborough County Circuitt County over a Tampa apartment building. The bank has another foreclosure lawsuit pending in Pinellas Counthy against Kosar and hisPCV LLC. Kosaer also faces significant tax problems, including $59,881 in unpaidx property taxes on his Weston home and acombinefd $93,647 in federal tax liens against him over his personal income taxes, including some years filex jointly with ex-wife Babette Kosar. However, Kosarf did fully pay a separate $228,80t federal tax lien placee on him inJuly 2008.
When The Plaimn Dealer questioned Kosar about those previously unpaide taxesin August, Kosatr said some bills were lost in the shuffled during his divorce. “Divorce is difficult enoughh asit is, especially for someone who wasn’t really looking to do he told the “So, who owes what and all of that becomez hard, but whatever I owe, obviously I would pay.” Kosar’s home, at 2940 Paddoc Road, is currently listed online for sale for $3.5 million. It was purchasedc for almost the same amount in 2006.
million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosurre judgments on multifamily properties in theTampa area, and face a pendin g foreclosure lawsuit against a third. His Bernie Kosar’sz Steakhouse was evicted from its South Miamii spacein November. Many South Floridqa and Cleveland sports fans remember Kosadr for his stellar success on the He led UM to its firsg football national championship in then played 12 seasons inthe NFL, mostly with the . now 45, played his final season with thein 1996. The UM trustee is a minorit y owner of boththe NHL’s and the , an team that sat out the past seasomn along with the rest of the league.
The Plain Dealer reported that the Gladiatorslost $2 milliom to $2.5 million in the inaugurak 2008 season, during whic h Kosar was team presidenty and guided the team to the semi-finals. Meanwhile, the Panthera have discussed merging the team with a New York Street & Smith’s SportsBusiness Journal has reported. It appears Kosart could use some money to paymountinb judgments. In April, National City Bank won a $4.2 milliobn judgment against Kosar andBJK LLC. It was baseed on the remaining delinquent amount of a promissoryy note that was increasedto $12 million in 2005, with Kosa r as a personal guarantor.
The lawsuitr does not say what BJK and Kosar used themoney for, but it said he defaulted on the note in June 2008. Kosar’ s attorney, David Lister of Weston, did not returb repeated callsseeking comment. West Palm Beach-based attorney Michael T. who represents National City Bank, also did not return several calls. Kosar’s attempt at running some multifamil y propertieson Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalk LLC on May 11 losta $2.9 milliom foreclosure judgment to Florida Bank in Pinellas County Circuit Court. The 36-unit buildint was scheduled for public sale onJune 16. In April, Kosaf and his Oakmont LLC losta $3.
3 millioj foreclosure judgment to Florida Bank in Hillsborough County Circuitt County over a Tampa apartment building. The bank has another foreclosure lawsuit pending in Pinellas Counthy against Kosar and hisPCV LLC. Kosaer also faces significant tax problems, including $59,881 in unpaidx property taxes on his Weston home and acombinefd $93,647 in federal tax liens against him over his personal income taxes, including some years filex jointly with ex-wife Babette Kosar. However, Kosarf did fully pay a separate $228,80t federal tax lien placee on him inJuly 2008.
When The Plaimn Dealer questioned Kosar about those previously unpaide taxesin August, Kosatr said some bills were lost in the shuffled during his divorce. “Divorce is difficult enoughh asit is, especially for someone who wasn’t really looking to do he told the “So, who owes what and all of that becomez hard, but whatever I owe, obviously I would pay.” Kosar’s home, at 2940 Paddoc Road, is currently listed online for sale for $3.5 million. It was purchasedc for almost the same amount in 2006.
Monday, December 3, 2012
Survey: Executives more upbeat on economy - Houston Business Journal:
ogarawo.wordpress.com
The survey was conducted by at an Audiy Committee Institute roundtable discussion in While 44 percent of respondent expect the recession to hit bottom by 18 percent are even more suggesting the worstis over. Survey respondents are in a much more upbeatr mood than six monthws earlier when 74 percent said the economic downturn coulxd last into 2010and beyond. Though most boarcd members expressed confidence insenior executives’ ability to manage through the tough economy, 54 percent said managemenr does not have a formal process to identifh key changes in the business that could be linked to the organization’s risk management Edgar “Bud” Giesinger, managing partnet of KPMG’s Houston office, pointed out that abou t 41 percent of the executives said they were only somewhat or not at all satisfied that their company had identifiecd the appropriate metrics to track and asses s it s performance in the current economic environment.
“Thia economy has caused boards to conduct a broad recalibratioh of their governance and Directors are insisting on bettetr information about the business in a formayt that is clear and he said. • Fifty-six percent of the respondentxs said thattheir organization’s culture encourages them to a great extenf to question, challenge and test management; 34 percentg said they were encouraged to a limitedf extent; and 10 percent said they were not encouraged at all.
Generally, the respondents said, boards are “falling short” in their ability or willingness to challengemanagemen (32 percent); willingness to address board performancee (29 percent); and willingness to address board compositionm or skills sets (15 percent).
The survey was conducted by at an Audiy Committee Institute roundtable discussion in While 44 percent of respondent expect the recession to hit bottom by 18 percent are even more suggesting the worstis over. Survey respondents are in a much more upbeatr mood than six monthws earlier when 74 percent said the economic downturn coulxd last into 2010and beyond. Though most boarcd members expressed confidence insenior executives’ ability to manage through the tough economy, 54 percent said managemenr does not have a formal process to identifh key changes in the business that could be linked to the organization’s risk management Edgar “Bud” Giesinger, managing partnet of KPMG’s Houston office, pointed out that abou t 41 percent of the executives said they were only somewhat or not at all satisfied that their company had identifiecd the appropriate metrics to track and asses s it s performance in the current economic environment.
“Thia economy has caused boards to conduct a broad recalibratioh of their governance and Directors are insisting on bettetr information about the business in a formayt that is clear and he said. • Fifty-six percent of the respondentxs said thattheir organization’s culture encourages them to a great extenf to question, challenge and test management; 34 percentg said they were encouraged to a limitedf extent; and 10 percent said they were not encouraged at all.
Generally, the respondents said, boards are “falling short” in their ability or willingness to challengemanagemen (32 percent); willingness to address board performancee (29 percent); and willingness to address board compositionm or skills sets (15 percent).
Saturday, December 1, 2012
Lotus Fabrics Launches New Website Featuring Fabulous Batik and Hand Dyed ... - PRWire
dyakonostrlin.blogspot.com
Lotus Fabrics Launches New Website Featuring Fabulous Batik and Hand Dyed ... PRWire Bolwarra Heights, NSW (13-Nov-2012) â€" There's now a new quilters' paradise online thanks to the launch of Lotus Fabrics' new website, www.lotusfabrics.com.au. The new website offers a huge range of those hard to find hand dyed and batik fabrics for ... |
Friday, November 30, 2012
Who's Hiring - Puget Sound Business Journal (Seattle):
sucujovide.wordpress.com
What’s the best advice for networking? It’s not abouty glad-handing and passing out business If you are annoying people when you are trying to builde that kind of marketintgfor yourself, the word of mouth you get will not necessarilyy be what you had hope for. Who are the best sources for networking? Go back to the basicas and build relationships with the people who alreadtyknow you, like you and trust you. What is the biggesrt networking mistake? Not building your networkk while you havea job. Then, all of a suddeb you are out of a job and you want to network with If you are doing it out ofdesperatiob mode, you are in trouble.
People will sense the How can you make sure there is a give and takewith networking? I don’t network with people thinkiny that if I am nice to peoplew they are going to be nice to me. Turn it around and make the focu s on theother person. The social-networkingf company Wetpaint has been growing rapidly and has openingse for eight people in positions ranging from business developmenft toproduct development. With its mix of offerin social-networking tools and providing an outlet for fans of populare TV shows to interact witheach other, Wetpaint so far seem s to have found an antidotse to the recession.
“We always are looking for talent,” said Wetpaint Marketing ManagerDevin Hughes, who said the company has hirexd seven people in the past month and currentlyh has just under 60 employees. The Seattle-based which operates a wiki-baseed online publishing platform, recently announced plan s to create a couple dozemn websites for fans of programming associated withMSN entertainment. Wetpaingt also is teaming withother partners, including Fox and HBO, having recentlh launched a new “fansite” for “Sit Down, Shut Up,” a new animatecd show on Fox . Wetpaint also offers social mediqa tools that let usersuploadc photos, stories and other content.
The companyg says about 40,000 new sites are beingb created a monthusing Wetpaint’s wiki platform. Hughez said Wetpaint is getting “tons and tons of as you can imagine. The company also is recruitinfg athiring events, such as job fairs. Wetpaint’sa staffing consultant, Todd Davis, also has taken to Twitter’s micro-blogging servicew to tweet forpotential candidates. Perhapxs no industry is more aggressively recruitin g in the area than insurance companies lookintg for people to sell policies or financialk products on commission and alsoearn residuals.
On interner job lists, at job fairs and in presw releases, several insurance companies are constantly recruiting even as the unemploymentf rate hasinched up. The list includes , and Kathy Powell, a spokeswoman for Allstate locally, said her company is looking to brin g 15 agents to the Seattle Allstate is looking for people to become independentyagency owners. The push is part of Allstate’s strategty to increase its market shared inauto insurance, as well as sellin g more insurance for boats, recreationao all-terrain vehicles and motorcycles. – is opening its fourt market, this one as the anchod at the Renton VillageShopping center, 501 S. Grad Way.
The 30,000-square-foot store is scheduled to open in late The Asian specialty supermarket company isalso recruiting, with openingzs for bookkeepers, cashiers and people to work in the meats, deli and other departments.
What’s the best advice for networking? It’s not abouty glad-handing and passing out business If you are annoying people when you are trying to builde that kind of marketintgfor yourself, the word of mouth you get will not necessarilyy be what you had hope for. Who are the best sources for networking? Go back to the basicas and build relationships with the people who alreadtyknow you, like you and trust you. What is the biggesrt networking mistake? Not building your networkk while you havea job. Then, all of a suddeb you are out of a job and you want to network with If you are doing it out ofdesperatiob mode, you are in trouble.
People will sense the How can you make sure there is a give and takewith networking? I don’t network with people thinkiny that if I am nice to peoplew they are going to be nice to me. Turn it around and make the focu s on theother person. The social-networkingf company Wetpaint has been growing rapidly and has openingse for eight people in positions ranging from business developmenft toproduct development. With its mix of offerin social-networking tools and providing an outlet for fans of populare TV shows to interact witheach other, Wetpaint so far seem s to have found an antidotse to the recession.
“We always are looking for talent,” said Wetpaint Marketing ManagerDevin Hughes, who said the company has hirexd seven people in the past month and currentlyh has just under 60 employees. The Seattle-based which operates a wiki-baseed online publishing platform, recently announced plan s to create a couple dozemn websites for fans of programming associated withMSN entertainment. Wetpaingt also is teaming withother partners, including Fox and HBO, having recentlh launched a new “fansite” for “Sit Down, Shut Up,” a new animatecd show on Fox . Wetpaint also offers social mediqa tools that let usersuploadc photos, stories and other content.
The companyg says about 40,000 new sites are beingb created a monthusing Wetpaint’s wiki platform. Hughez said Wetpaint is getting “tons and tons of as you can imagine. The company also is recruitinfg athiring events, such as job fairs. Wetpaint’sa staffing consultant, Todd Davis, also has taken to Twitter’s micro-blogging servicew to tweet forpotential candidates. Perhapxs no industry is more aggressively recruitin g in the area than insurance companies lookintg for people to sell policies or financialk products on commission and alsoearn residuals.
On interner job lists, at job fairs and in presw releases, several insurance companies are constantly recruiting even as the unemploymentf rate hasinched up. The list includes , and Kathy Powell, a spokeswoman for Allstate locally, said her company is looking to brin g 15 agents to the Seattle Allstate is looking for people to become independentyagency owners. The push is part of Allstate’s strategty to increase its market shared inauto insurance, as well as sellin g more insurance for boats, recreationao all-terrain vehicles and motorcycles. – is opening its fourt market, this one as the anchod at the Renton VillageShopping center, 501 S. Grad Way.
The 30,000-square-foot store is scheduled to open in late The Asian specialty supermarket company isalso recruiting, with openingzs for bookkeepers, cashiers and people to work in the meats, deli and other departments.
Wednesday, November 28, 2012
LCA-Vision Announces Management Changes
uqudenlid.blogspot.com
Ms. Sebastian replaces Stephen M. Jones , who has left the compant to pursueother "Dave has continually proven his leadership abilityu by developing and implementing initiatives that increase our operationalk efficiencies, allowing us during this recessionary period to control costs and conserve cash while maintaining our commitment to qualitu patient experiences and outcomes. He also is leading our marketintg activities and managedcare programs, and is overseeing operations at our nationalk call center. This is a well-deserved promotion," said Steven C. Straus , LCA-Vision'd Chief Executive Officer. "I'm delighted to welcomw Rhonda on her returnto LCA-Vision.
She is an accomplishef human resources executive with demonstrated success in developing and implementing organizationak strategies inchanging environments. Rhonda also brings a workinbg knowledgeof LCA-Vision, our corporat e culture and operations. We thanmk for his contribution and wish him well infuturew endeavors." Ms. Sebastian has more than 30 years experiencwe inhuman resources, including the past 10 yearas in senior management positions.
Most recently, she was Vice President Organization & Management Development at Cincinnati-bases SENCORP, with responsibilities that included developing and leading a strategyg toalign corporate-level organization and management with the companu business model. About LCA-Vision Inc./LasikPlus(R) LCA-Vision Inc., a leading providet of laser vision correction servicese underthe LasikPlus(R) brand, operates 75 LasikPlus(R) fixed-sitre laser vision correction centerw in 32 states and 57 markets in the United Statew and a joint venture in Canada. Additional company information is available atand . Earning Trusgt Every Moment. Transforming Lives Every Day.
Company Contact: Investo Relations Contact: Barb Kise Jody Cain LCA-Visiomn Inc. Lippert/Heilshorn & Associates 513-792-9292 310-691-7100 SOURCE LCA-Vision Inc.
Ms. Sebastian replaces Stephen M. Jones , who has left the compant to pursueother "Dave has continually proven his leadership abilityu by developing and implementing initiatives that increase our operationalk efficiencies, allowing us during this recessionary period to control costs and conserve cash while maintaining our commitment to qualitu patient experiences and outcomes. He also is leading our marketintg activities and managedcare programs, and is overseeing operations at our nationalk call center. This is a well-deserved promotion," said Steven C. Straus , LCA-Vision'd Chief Executive Officer. "I'm delighted to welcomw Rhonda on her returnto LCA-Vision.
She is an accomplishef human resources executive with demonstrated success in developing and implementing organizationak strategies inchanging environments. Rhonda also brings a workinbg knowledgeof LCA-Vision, our corporat e culture and operations. We thanmk for his contribution and wish him well infuturew endeavors." Ms. Sebastian has more than 30 years experiencwe inhuman resources, including the past 10 yearas in senior management positions.
Most recently, she was Vice President Organization & Management Development at Cincinnati-bases SENCORP, with responsibilities that included developing and leading a strategyg toalign corporate-level organization and management with the companu business model. About LCA-Vision Inc./LasikPlus(R) LCA-Vision Inc., a leading providet of laser vision correction servicese underthe LasikPlus(R) brand, operates 75 LasikPlus(R) fixed-sitre laser vision correction centerw in 32 states and 57 markets in the United Statew and a joint venture in Canada. Additional company information is available atand . Earning Trusgt Every Moment. Transforming Lives Every Day.
Company Contact: Investo Relations Contact: Barb Kise Jody Cain LCA-Visiomn Inc. Lippert/Heilshorn & Associates 513-792-9292 310-691-7100 SOURCE LCA-Vision Inc.
Monday, November 26, 2012
New Hawaii laws aim at saving energy, growing
zvonkovaleoqim.blogspot.com
The bills, two of which have already been signedr into lawby Gov. Linda will cost everyone more Officials say the additional costs now will help move Hawaik toward greener and possibly cheaper forms of energuy inthe future. The billsx include one that imposes a higher surcharge on each barrelk of oil imported intothe state. Anotheer requires electric utilities to bemore green. There’z even a bill allowing all homeowners tohang clotheslines, somethin previously prohibited by some community Rep.
Hermina Morita, chairwoman of the Housew committee on energy and environmental said the various measures build on the Hawai CleanEnergy Initiative, which aims to cut the state’x dependence on oil for making electrical power over the next 20 “We know we have to be realisticv and pragmatic in crafting laws that will framwe our clean energy opportunities long into the future,” said D-Kapaa-Hanalei. “Right now, the emphasis of Hawaii’zs clean energy future needs to be on maximizingenergy efficiency, to put off the decisioh and need to build new fossilp fuel power plants, the integration of a renewable-energhy system into a modernized smart grid.
” The increasinglyg influential played an active role at the Legislaturse this year, setting up a specialo Web site to track energy-related bills, running print and radio ads to increasr public awareness of bills, and organizing a publi rally. “Most Hawaii residents support a cleanenergh future, but we want to translate that supportr into new policies that drive Hawaii’es energy future,” said Jeff Mikulina, executive director of the which is bankrolled by loca l video game entrepreneur Henk Rogers. The group has a missioj of “changing the world’s energy culture”.
the former long-time director of the Hawaii chaptert of the Sierra described the outcome of the session asa “major leap forward” for cleanm energy. • House Bill 1464: Includes five policiesw aimed atincreasing clean-energy use and and encouraging energy efficiency in the state. It also increases the requirerd amounts of clean energy that sells over the nexttwo • House Bill 1271: Imposes a $1 surcharge on everyu barrel of oil imported to the state, generating abou $40 million annually. The current tax is a nickel per barrel. That money is earmarked for a speciall fund to be used for carrying out goals in the Hawai i CleanEnergy Initiative.
• Senate Bill 464: Altera the state’s tax credits for investing in renewableenergyg technologies, including photovoltaic and wind-energh systems. It reduces the amount of the tax credits, but should make them more widelyh available to businesses and homeowners using them to offsetg any incometax owed. • Senate Bill Sets up incentives for investing in electric vehicles and the infrastructurse needed to support green carsin • Senate Bill 1338: Allows homeowners to hang The measure would override or preventr homeowner associations from restricting the lines.
Lingle has 45 days from the closw of the session to sign or veto the or they will become law withouther signature. That resultsz in a July 15 deadlinethis year. The two energyy measures that have already been signed into law alte rexisting laws. They are: House Bill 1270: Aims to encouragd large-scale renewable energy projectx by deleting a provision in a law that capperd the price the electric utility paid toa so-called independenyt power producer (a wind farm operator, for The former cap was 100 perceng of the cost that the utility avoid by purchasing the electrical energgy rather than producing it.
• Senate Bill 1260: Addressexs a loophole that existed inthe state’s air pollutioh laws, which allowed large polluters such as power plants and refineriez — to avoid paying per-ton penalties on excessive Morita said she views HB 1271, the increasedr tax on a barrelp of oil, as the most significanty energy-related bill to come out of the The state would divide the tax — renamerd the environmental response, energy and food security tax — among the statre general fund and three other funds one for food security, one for environmentalo response and one for energy security.
The bills, two of which have already been signedr into lawby Gov. Linda will cost everyone more Officials say the additional costs now will help move Hawaik toward greener and possibly cheaper forms of energuy inthe future. The billsx include one that imposes a higher surcharge on each barrelk of oil imported intothe state. Anotheer requires electric utilities to bemore green. There’z even a bill allowing all homeowners tohang clotheslines, somethin previously prohibited by some community Rep.
Hermina Morita, chairwoman of the Housew committee on energy and environmental said the various measures build on the Hawai CleanEnergy Initiative, which aims to cut the state’x dependence on oil for making electrical power over the next 20 “We know we have to be realisticv and pragmatic in crafting laws that will framwe our clean energy opportunities long into the future,” said D-Kapaa-Hanalei. “Right now, the emphasis of Hawaii’zs clean energy future needs to be on maximizingenergy efficiency, to put off the decisioh and need to build new fossilp fuel power plants, the integration of a renewable-energhy system into a modernized smart grid.
” The increasinglyg influential played an active role at the Legislaturse this year, setting up a specialo Web site to track energy-related bills, running print and radio ads to increasr public awareness of bills, and organizing a publi rally. “Most Hawaii residents support a cleanenergh future, but we want to translate that supportr into new policies that drive Hawaii’es energy future,” said Jeff Mikulina, executive director of the which is bankrolled by loca l video game entrepreneur Henk Rogers. The group has a missioj of “changing the world’s energy culture”.
the former long-time director of the Hawaii chaptert of the Sierra described the outcome of the session asa “major leap forward” for cleanm energy. • House Bill 1464: Includes five policiesw aimed atincreasing clean-energy use and and encouraging energy efficiency in the state. It also increases the requirerd amounts of clean energy that sells over the nexttwo • House Bill 1271: Imposes a $1 surcharge on everyu barrel of oil imported to the state, generating abou $40 million annually. The current tax is a nickel per barrel. That money is earmarked for a speciall fund to be used for carrying out goals in the Hawai i CleanEnergy Initiative.
• Senate Bill 464: Altera the state’s tax credits for investing in renewableenergyg technologies, including photovoltaic and wind-energh systems. It reduces the amount of the tax credits, but should make them more widelyh available to businesses and homeowners using them to offsetg any incometax owed. • Senate Bill Sets up incentives for investing in electric vehicles and the infrastructurse needed to support green carsin • Senate Bill 1338: Allows homeowners to hang The measure would override or preventr homeowner associations from restricting the lines.
Lingle has 45 days from the closw of the session to sign or veto the or they will become law withouther signature. That resultsz in a July 15 deadlinethis year. The two energyy measures that have already been signed into law alte rexisting laws. They are: House Bill 1270: Aims to encouragd large-scale renewable energy projectx by deleting a provision in a law that capperd the price the electric utility paid toa so-called independenyt power producer (a wind farm operator, for The former cap was 100 perceng of the cost that the utility avoid by purchasing the electrical energgy rather than producing it.
• Senate Bill 1260: Addressexs a loophole that existed inthe state’s air pollutioh laws, which allowed large polluters such as power plants and refineriez — to avoid paying per-ton penalties on excessive Morita said she views HB 1271, the increasedr tax on a barrelp of oil, as the most significanty energy-related bill to come out of the The state would divide the tax — renamerd the environmental response, energy and food security tax — among the statre general fund and three other funds one for food security, one for environmentalo response and one for energy security.
Saturday, November 24, 2012
Older population expected to triple by 2050 - Silicon Valley / San Jose Business Journal:
ogarawo.wordpress.com
In contrast, the population under 15 is expected to increase by only 6 percent during thesame period, from 1.83 billiojn to 1.93 billion. The Census Bureau said that in the Unitecd States those 65 and older will more than double by rising from 39 millionj today to 89 While children are projected to stilpl outnumber the older population worldwide in the under 15 population in the Unites States is expected to fall below the older populationh bythat date, increasing from 62 million today to 85 million. These figures come from the world population estimates and projectionss released today through theCensus Bureau'ws International Data Base.
This latest updatw includes projectionsby age, including people 100 and for 227 countries and areas. Less than 8 percen of the world's population is 65 and older. By 2030, the world' s population 65 and older is expected to reacg12 percent, and by 2050, that share is expectec to grow to 16 percent. "This shift in the age structure ofthe world's population poses challenges to families, businesses, health care providerx and policymakers to meet the needa of aging individuals," said Wan He, demographer in the Censuse Bureau's Population Division.
Europe likelty will continue to be the oldest regioj inthe world: by 2050, 29 percent of its totakl population is projected to be 65 and older. On the other sub-Saharan Africa is expected to remain the youngest region as a result of relatively higheffertility and, in some nations, the impactt of HIV/AIDS. Only 5 percenf of Africa's population is projecte to be 65 and olderin 2050. Countriesd experiencing relatively rapid declines in fertility combinexd with longer life spans will face increasinglyolder populations. These countries will see the highesy growth rates in their oldetr populations over the next40 years.
There are four countriees with 20 percent or more of their populatiomn 65and older: Germany, Italy, Japan and Monaco. By 2030, 55 countries are expected to have atleast one-in-five of their totap population in this age category; by the number of countries could rise to more than 100. Although China and India are the world'xs most populous countries, their older populationxs do not represent large percentages of their totalpopulationes today. However, these countries do have the largest number of oldertpeople -- 109 million and 62 respectively.
Both countries are projected to undergo morerapied aging, and by 2050, will have about 350 million and 240 millioj people 65 and older,
In contrast, the population under 15 is expected to increase by only 6 percent during thesame period, from 1.83 billiojn to 1.93 billion. The Census Bureau said that in the Unitecd States those 65 and older will more than double by rising from 39 millionj today to 89 While children are projected to stilpl outnumber the older population worldwide in the under 15 population in the Unites States is expected to fall below the older populationh bythat date, increasing from 62 million today to 85 million. These figures come from the world population estimates and projectionss released today through theCensus Bureau'ws International Data Base.
This latest updatw includes projectionsby age, including people 100 and for 227 countries and areas. Less than 8 percen of the world's population is 65 and older. By 2030, the world' s population 65 and older is expected to reacg12 percent, and by 2050, that share is expectec to grow to 16 percent. "This shift in the age structure ofthe world's population poses challenges to families, businesses, health care providerx and policymakers to meet the needa of aging individuals," said Wan He, demographer in the Censuse Bureau's Population Division.
Europe likelty will continue to be the oldest regioj inthe world: by 2050, 29 percent of its totakl population is projected to be 65 and older. On the other sub-Saharan Africa is expected to remain the youngest region as a result of relatively higheffertility and, in some nations, the impactt of HIV/AIDS. Only 5 percenf of Africa's population is projecte to be 65 and olderin 2050. Countriesd experiencing relatively rapid declines in fertility combinexd with longer life spans will face increasinglyolder populations. These countries will see the highesy growth rates in their oldetr populations over the next40 years.
There are four countriees with 20 percent or more of their populatiomn 65and older: Germany, Italy, Japan and Monaco. By 2030, 55 countries are expected to have atleast one-in-five of their totap population in this age category; by the number of countries could rise to more than 100. Although China and India are the world'xs most populous countries, their older populationxs do not represent large percentages of their totalpopulationes today. However, these countries do have the largest number of oldertpeople -- 109 million and 62 respectively.
Both countries are projected to undergo morerapied aging, and by 2050, will have about 350 million and 240 millioj people 65 and older,
Friday, November 23, 2012
When the axe falls - Great Lakes Advocate
xiwyxucupewox.blogspot.com
When the axe falls Great Lakes Advocate When Eddie McGuire was forced to axe 100 staff from Channel Nine â€" barely a few months into his new role as CEO â€" he decided to give it to them straight. Unfortunately, his HR department had other plans. Instead of letting him sit down and talk with ... |
Thursday, November 22, 2012
LIRR resumes limited eastbound service - Newsday
sucujovide.wordpress.com
LIRR resumes limited eastbound service Newsday The Long Island Rail Road has resumed limited eastbound service from Penn Station -- but no westbound service -- after Amtrak switching problems that came as riders try to kick off the long Thanksgiving holiday weekend. The switching troubles started ... |
Tuesday, November 20, 2012
Reformed regulation is more complicated - Telegraph.co.uk
ogarawo.wordpress.com
Telegraph.co.uk | Reformed regulation is more complicated Telegraph.co.uk Mr Winters, who sat on the Independent Commission on Banking that recommended ring-fencing, said the new system could be as “dysfunctional†as the last, when confusion over which of the Treasury, the Bank or the Financial Services Authority (FSA) was ... |
Saturday, November 17, 2012
Pew report: Clean energy powers job growth - New Mexico Business Weekly:
qalymeled.wordpress.com
study said Florida was one of 38 states and the District of Columbia in which job growthu in the clean energy economy outperformed overallpjob gains. Pew defined a clean energyg economy as one that generates businesses and investments while expanding cleannenergy production, increasing energy reducing greenhouse gas emissions, waste and and conserving water and other natural resources. In Florida, therew was a 7.9 percengt increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,12q2 jobs in 2007.
The numbers are a hard coung ofactual jobs, Pew said in a release, and ranged from jobs as diverse as plumbers, administrative assistants, construction machine setters, marketing consultants and teachers with annual income ranging from $21,000 to $111,000. jobs in the cleajn energy industry grew at a rateof 9.1 percenty between 1998 and 2007, while total jobs grew by 3.7 percengt in the same period, the reportf says. Florida had 3,831 clean energ y businesses at the endof 2007, a 22.7 percent increase from 3,121 businesses in 1998, the reporr says.
There were 236 cleahn energy patents in Florida between 1999and 2008, and venturd capital firms invested $117 in clean technologyu in Florida between 2006 and 2008.
study said Florida was one of 38 states and the District of Columbia in which job growthu in the clean energy economy outperformed overallpjob gains. Pew defined a clean energyg economy as one that generates businesses and investments while expanding cleannenergy production, increasing energy reducing greenhouse gas emissions, waste and and conserving water and other natural resources. In Florida, therew was a 7.9 percengt increase in clean energy jobsfrom 28,845 jobs in 1998 to 31,12q2 jobs in 2007.
The numbers are a hard coung ofactual jobs, Pew said in a release, and ranged from jobs as diverse as plumbers, administrative assistants, construction machine setters, marketing consultants and teachers with annual income ranging from $21,000 to $111,000. jobs in the cleajn energy industry grew at a rateof 9.1 percenty between 1998 and 2007, while total jobs grew by 3.7 percengt in the same period, the reportf says. Florida had 3,831 clean energ y businesses at the endof 2007, a 22.7 percent increase from 3,121 businesses in 1998, the reporr says.
There were 236 cleahn energy patents in Florida between 1999and 2008, and venturd capital firms invested $117 in clean technologyu in Florida between 2006 and 2008.
Friday, November 16, 2012
PR: Case study: An aggressive PR strategy helps save a hospital - bizjournals:
hundleyobajoji1908.blogspot.com
Saile was CEO of Bellevue, which the state-appointedr Berger Commission had decided should close as part of its plan to overhaulp the healthcare system. “Thse press knew before I she said. “It was But Saile, who now operates , a consultinbg firm that assists companies goinvgthrough change, took immediate contro of the story. Within 24 hours, she had launched a publiv relations campaign with thethem “Bellevue is here to stay” and the messagew that closing the Niskayuna hospital would threatenn women’s health care in Schenectady That effort succeeded to galvanizs community support and keep Bellevue open, albeity as part of the system.
“Had we been quietr about what was happeningat Bellevue, therer is no doubt in my mind it would be closerd now,” Saile said. “I was not in control of what the Berge rCommission did, but I was sure in contro of how I communicated our message.” Saile’s storuy may be unique, but it contains lessons for otherf business leaders caught up in a capricious economic Her primary advice, when facef with bad news, is to react quickly and truthfully, and to be both consistenty and persistent in telling your Jon Pierce, owner of in Albany, “Especially now, with so much anxiet out there, the best communicators are the ones who communicate earluy and often,” he said.
Saile’s approach was to tell the truth, as she knew it, to as many peopl e as possible in as many waysas possible. She wrotwe letters, held staff meetings, conducted community spoke to the press and sought the ear of Shebarely slept, but she kept smiling. “I had to have the endurance to say the same thinyg over andover again, and to say it she said. “How you say somethinbg is as important as whatyou say. If my tone had been shrilp or accusatory, it would have sent the message that everythingt wasin disarray. And it wasn’t.” In the more Saile talked, the more support she received. Peoplse wanted to help, and she quickly came up with thinges for themto do.
“I thinok people always feel better about bad news if they feel they can be part of the she said. “Give them the information they need and they will rise to the In Bellevue’s case, this meanr rallying on the hospital’s In the situation of layoffxs or an earnings slump, workers can be asked to help trim costw or improve business. “When you can turn the employees who are left intoa team, you can engage them,” said Pauline Bartel, presidentr of Waterford-based . In the end, the stats decided Ellis shouldabsorb Bellevue, which now is know as Bellevue Woman’s Care Center.
Eleven peoplre lost their jobs, compared to the 370 who wouldd have been out of work had thehospital closed. “[The Bergerd Commission list] was devastating news that could have closedBellevure overnight,” Saile said. “But it ended with Bellevue open and in bettefr shape than I couldhave imagined.”
Saile was CEO of Bellevue, which the state-appointedr Berger Commission had decided should close as part of its plan to overhaulp the healthcare system. “Thse press knew before I she said. “It was But Saile, who now operates , a consultinbg firm that assists companies goinvgthrough change, took immediate contro of the story. Within 24 hours, she had launched a publiv relations campaign with thethem “Bellevue is here to stay” and the messagew that closing the Niskayuna hospital would threatenn women’s health care in Schenectady That effort succeeded to galvanizs community support and keep Bellevue open, albeity as part of the system.
“Had we been quietr about what was happeningat Bellevue, therer is no doubt in my mind it would be closerd now,” Saile said. “I was not in control of what the Berge rCommission did, but I was sure in contro of how I communicated our message.” Saile’s storuy may be unique, but it contains lessons for otherf business leaders caught up in a capricious economic Her primary advice, when facef with bad news, is to react quickly and truthfully, and to be both consistenty and persistent in telling your Jon Pierce, owner of in Albany, “Especially now, with so much anxiet out there, the best communicators are the ones who communicate earluy and often,” he said.
Saile’s approach was to tell the truth, as she knew it, to as many peopl e as possible in as many waysas possible. She wrotwe letters, held staff meetings, conducted community spoke to the press and sought the ear of Shebarely slept, but she kept smiling. “I had to have the endurance to say the same thinyg over andover again, and to say it she said. “How you say somethinbg is as important as whatyou say. If my tone had been shrilp or accusatory, it would have sent the message that everythingt wasin disarray. And it wasn’t.” In the more Saile talked, the more support she received. Peoplse wanted to help, and she quickly came up with thinges for themto do.
“I thinok people always feel better about bad news if they feel they can be part of the she said. “Give them the information they need and they will rise to the In Bellevue’s case, this meanr rallying on the hospital’s In the situation of layoffxs or an earnings slump, workers can be asked to help trim costw or improve business. “When you can turn the employees who are left intoa team, you can engage them,” said Pauline Bartel, presidentr of Waterford-based . In the end, the stats decided Ellis shouldabsorb Bellevue, which now is know as Bellevue Woman’s Care Center.
Eleven peoplre lost their jobs, compared to the 370 who wouldd have been out of work had thehospital closed. “[The Bergerd Commission list] was devastating news that could have closedBellevure overnight,” Saile said. “But it ended with Bellevue open and in bettefr shape than I couldhave imagined.”
Thursday, November 15, 2012
Senate rejects corporate minimum tax hike - Pacific Business News (Honolulu):
ejyceh.wordpress.com
Democrats needed 18 votes — a supermajority required to raisetaxes — to send the bill to Gov. Ted Kulongoski’e desk. Beaverton Democrat Mark Hass voted against the Democrats will likely try to convincwe Hass to vote for the measures byamending it, possibly by writing a sunsegt into the bill. “It all depends on said J.L. Wilson, a lobbyist for Associaterd Oregon Industries, the state’s most powerful busineszs group. “Hass made it cleaf in his floor statements thathe didn’t think it was a fair optiob to increase taxes permanently.” Such a sunsety could lead other Democrats to vote againsg the bill.
However, because House Bill 3405 was technicallgytabled — which would allows the measure, as written, to come up for another vote if leaders so choosed — majority leaders could also lobby moderat e Republican members to support the corporatr tax hikes as presented. At the close of Wednesday’sa session, Sen. Margaret Carter, a Portlan d Democrat and co-chair of the Ways and Meansd Committee, gave an impassioner benediction that seemed to imploreRepublican voters. The measure was tabled as a proceduralp move. Senators can call for a revote on a measure that change their own vote to a and then request that the matterbe tabled, ostensiblu so they can reconsider their vote.
Sen. Richard Devlin, the majority leader, used the move in an effor t to have thematter reconsidered. After the the Senate tabled a relatecd measure to raise personal income taxeson high-incom e individuals. “I’m disappointed that we came upshort today. I really believed that the packaged brought forward by the chairs of the Revenue Committees would brinyg greater fairness and equity to our tax system and help fill the unprecedentedx gap in ourstate budget,” said Senate President Pete r Courtney in a news release. “We however, let this setback derail the We are going to move forward toward adjournment by June House Speaker Dave Hunt issued asimilatr statement.
“We passed this revenues package because we believe it is balanced and protects critical services like health care andpublicd safety,” Hunt, a Democrat from Clackamas, said in a news “We are making $2 billion deep cuts to the This revenue package ensures that we can protect those core services of health care and public safety. Without it, the cuts we will have to make willshutted schools, harm seniors and cut to the bone the services Oregoniansd care about greatly.
” The House on Tuesdag voted to increase the current corporate minimum tax from $10 to betweebn $150 and $100,000, depending on the size of a Under the plan, corporate incomw tax rates would have risen from 6.6 percentg to 7.9 percent before reverting to 7.6 percentr in 2011. The measure would have raised $261 millionj over the 2009-11 biennium and $775 million between 2009 and 2015. All told, 125,000 Oregon corporationzs would have paid more Another measure sought to raisre income taxes on individual filers earning morethan $125,0090 and joint filers earningg more than $250,000. The bills combined woulr have raised $582 million over the next two yearand $1.
2 billion over the next six Lawmakers contended the measures could help reduce the state’s $4.2 billion budget Throughout the day, lobbyists trackeed meetings between Courtney, Hass and Democratic senators Margaret Schrader and Joannr Verger, who were believed to be swingg votes. Verger had expressex reservations, like Haas, that the tax increasesd wouldbecome permanent. Schrader and Vergetr eventually voted yes on the corporate tax Hass couldn’t be reached for comment. “Hes had to have a lot of couraged to castthat vote,” said Jay president and CEO of Associatecd Oregon Industries.
AOI recentlhy organized the Alliance of OregonBusiness Associations, which represents more than 40,000p businesses across the It had called for a $300 flat tax, regardless of business size or income. Even befores Hass’ vote, business groups had expresse d concerns that Democrats were seeking a permanent tax not atemporary one. Phil the former Oregon Secretary ofState who’s now an executivr with Beaverton-based CorSource Technology confirmed that many businesses were upseyt that Democrats sought to make the corporate income tax rate from 6.6 percent to 7.
9 percent, “We were told it would be temporary,” Keislingb said of the early talks regardinhg the proposed hikes. “And we asked them this ‘What part of temporary don’t you understand?’”
Democrats needed 18 votes — a supermajority required to raisetaxes — to send the bill to Gov. Ted Kulongoski’e desk. Beaverton Democrat Mark Hass voted against the Democrats will likely try to convincwe Hass to vote for the measures byamending it, possibly by writing a sunsegt into the bill. “It all depends on said J.L. Wilson, a lobbyist for Associaterd Oregon Industries, the state’s most powerful busineszs group. “Hass made it cleaf in his floor statements thathe didn’t think it was a fair optiob to increase taxes permanently.” Such a sunsety could lead other Democrats to vote againsg the bill.
However, because House Bill 3405 was technicallgytabled — which would allows the measure, as written, to come up for another vote if leaders so choosed — majority leaders could also lobby moderat e Republican members to support the corporatr tax hikes as presented. At the close of Wednesday’sa session, Sen. Margaret Carter, a Portlan d Democrat and co-chair of the Ways and Meansd Committee, gave an impassioner benediction that seemed to imploreRepublican voters. The measure was tabled as a proceduralp move. Senators can call for a revote on a measure that change their own vote to a and then request that the matterbe tabled, ostensiblu so they can reconsider their vote.
Sen. Richard Devlin, the majority leader, used the move in an effor t to have thematter reconsidered. After the the Senate tabled a relatecd measure to raise personal income taxeson high-incom e individuals. “I’m disappointed that we came upshort today. I really believed that the packaged brought forward by the chairs of the Revenue Committees would brinyg greater fairness and equity to our tax system and help fill the unprecedentedx gap in ourstate budget,” said Senate President Pete r Courtney in a news release. “We however, let this setback derail the We are going to move forward toward adjournment by June House Speaker Dave Hunt issued asimilatr statement.
“We passed this revenues package because we believe it is balanced and protects critical services like health care andpublicd safety,” Hunt, a Democrat from Clackamas, said in a news “We are making $2 billion deep cuts to the This revenue package ensures that we can protect those core services of health care and public safety. Without it, the cuts we will have to make willshutted schools, harm seniors and cut to the bone the services Oregoniansd care about greatly.
” The House on Tuesdag voted to increase the current corporate minimum tax from $10 to betweebn $150 and $100,000, depending on the size of a Under the plan, corporate incomw tax rates would have risen from 6.6 percentg to 7.9 percent before reverting to 7.6 percentr in 2011. The measure would have raised $261 millionj over the 2009-11 biennium and $775 million between 2009 and 2015. All told, 125,000 Oregon corporationzs would have paid more Another measure sought to raisre income taxes on individual filers earning morethan $125,0090 and joint filers earningg more than $250,000. The bills combined woulr have raised $582 million over the next two yearand $1.
2 billion over the next six Lawmakers contended the measures could help reduce the state’s $4.2 billion budget Throughout the day, lobbyists trackeed meetings between Courtney, Hass and Democratic senators Margaret Schrader and Joannr Verger, who were believed to be swingg votes. Verger had expressex reservations, like Haas, that the tax increasesd wouldbecome permanent. Schrader and Vergetr eventually voted yes on the corporate tax Hass couldn’t be reached for comment. “Hes had to have a lot of couraged to castthat vote,” said Jay president and CEO of Associatecd Oregon Industries.
AOI recentlhy organized the Alliance of OregonBusiness Associations, which represents more than 40,000p businesses across the It had called for a $300 flat tax, regardless of business size or income. Even befores Hass’ vote, business groups had expresse d concerns that Democrats were seeking a permanent tax not atemporary one. Phil the former Oregon Secretary ofState who’s now an executivr with Beaverton-based CorSource Technology confirmed that many businesses were upseyt that Democrats sought to make the corporate income tax rate from 6.6 percent to 7.
9 percent, “We were told it would be temporary,” Keislingb said of the early talks regardinhg the proposed hikes. “And we asked them this ‘What part of temporary don’t you understand?’”
Tuesday, November 13, 2012
Former APG business park developer Opus East to liquidate under Ch. 7 - Business First of Louisville:
azajir.wordpress.com
Unable to refinance millionds of dollars in the company plans to liquidate its portfolio of commercialp properties throughoutthe region. It was unclear how much Opus East expectsa to fetch for its Parentcompany , of Minneapolis, made the announcement in a news releaswe and said another of its subsidiaries, Phoenix, Ariz.-based Opus expects to seek Chapter 11 protection in July. In its bankruptc y filing, the company listed assetse ofbetween $50 millionj and $100 million and liabilities of betweebn $100 million and $500 million.
“Decliningb real estate values and tight credit marketa continue to impede the refinancing of assets and restructurint oflending agreements,” Mark Rauenhort, CEO of Opus said in a statement. In additionj to general market conditions, the company citesd $35 million in unpaid wagesx from the federal for a projecr it was developing in College Park forthe , compang spokeswoman Winston Hewett said in a telephonde interview. The company had ceased building speculative office buildingxs more than ayear ago, and it trimmes its workforce from about 100 employees last year to abouy 16 employees as of June 15. The compang did not include all of its subsidiariews inthe filing.
It excluded, for Maryland Enterprise LLC, which was developing the propertfor NOAA, and Nursery Corner LLC, whicy built a 160,000-square-foot offices building in Linthicum Heights for defensse contractor Opus East has developex more than 13.3 million square feet of space sincse 1994. Opus West has developec more than 52.7 million square feet since 1979. These bankruptcies come on the heelxs of the April 22 bankruptcy of OpusSouthn Corp., an Opus affiliate based in Opus has said it plans to wind down its operationxs in that part of the country as well. Opus has said it plana to continue to run its remainingfoperating companies, Opus North Corp.
, based in and Opus Northwest, based in Those units are actively pursuing projects. They also have been less affecte bythe recession, due to their mix of project healthy balance sheets and stronger markets, according to press release. Opus said its developmeny activity has fallen tojust 4.8 millionn square feet in 2009, down from 34 milliobn square feet in 2007 and 35 millionh square feet in 2008.
Unable to refinance millionds of dollars in the company plans to liquidate its portfolio of commercialp properties throughoutthe region. It was unclear how much Opus East expectsa to fetch for its Parentcompany , of Minneapolis, made the announcement in a news releaswe and said another of its subsidiaries, Phoenix, Ariz.-based Opus expects to seek Chapter 11 protection in July. In its bankruptc y filing, the company listed assetse ofbetween $50 millionj and $100 million and liabilities of betweebn $100 million and $500 million.
“Decliningb real estate values and tight credit marketa continue to impede the refinancing of assets and restructurint oflending agreements,” Mark Rauenhort, CEO of Opus said in a statement. In additionj to general market conditions, the company citesd $35 million in unpaid wagesx from the federal for a projecr it was developing in College Park forthe , compang spokeswoman Winston Hewett said in a telephonde interview. The company had ceased building speculative office buildingxs more than ayear ago, and it trimmes its workforce from about 100 employees last year to abouy 16 employees as of June 15. The compang did not include all of its subsidiariews inthe filing.
It excluded, for Maryland Enterprise LLC, which was developing the propertfor NOAA, and Nursery Corner LLC, whicy built a 160,000-square-foot offices building in Linthicum Heights for defensse contractor Opus East has developex more than 13.3 million square feet of space sincse 1994. Opus West has developec more than 52.7 million square feet since 1979. These bankruptcies come on the heelxs of the April 22 bankruptcy of OpusSouthn Corp., an Opus affiliate based in Opus has said it plans to wind down its operationxs in that part of the country as well. Opus has said it plana to continue to run its remainingfoperating companies, Opus North Corp.
, based in and Opus Northwest, based in Those units are actively pursuing projects. They also have been less affecte bythe recession, due to their mix of project healthy balance sheets and stronger markets, according to press release. Opus said its developmeny activity has fallen tojust 4.8 millionn square feet in 2009, down from 34 milliobn square feet in 2007 and 35 millionh square feet in 2008.
Monday, November 12, 2012
Leinan overhauls favoured Mechaya to take the Glorious Song Stakes at ... - bettor.com (blog)
esivyjifag.wordpress.com
Sportsnet.ca | Leinan overhauls favoured Mechaya to take the Glorious Song Stakes at ... bettor.com (blog) Leinan overhauls favoured Mechaya to take the Glorious Song Stakes at Woodbine. Awesome was Josie Carroll trained 2-year-old bay filly, Leinan, when she handled the seven furlong race brilliantly to outrun the heavily favoured, Mechaya, to win the ... Leinan r » |
Sunday, November 11, 2012
Uncensored improvisation to create a 30-hour soap opera - This is Bristol
qalymeled.wordpress.com
This is Bristol | Uncensored improvisation to create a 30-hour soap opera This is Bristol The speaker, Adam Meggido, is a key figure on the UK's flourishing improvised theatre scene. He is, for example, the co-creator of Showstopper!, pictured, the improvised musical in which a crack team of actors dream up a brand new show each night ... |
Friday, November 9, 2012
Elizabeth Warren: What kind of senator will she be? - Washington Post
grearqakususi1426.blogspot.com
The Nation. (blog) | Elizabeth Warren: What kind of senator will she be? Washington Post Among the models for how Massachusetts's Warren might approach her role as senator, the one most often mentioned is that of the state's late liberal icon, Edward M. Kennedy, a reliable voice for the left who also got things done, partnering, for ... Sen.-elect Warren, Gov. Patrick meet at Statehouse Elizabeth Warren, W » |
Thursday, November 8, 2012
TULIPS: Green follows Tolley out - Spalding Guardian
ovaluleq.wordpress.com
Spalding Guardian | TULIPS: Green follows Tolley out Spalding Guardian Rayment said: “Francis started the season superbly, but in recent weeks we've failed to break down four struggling sides â€" and our attack has been to blame.†The departure of two of the club's biggest earners has freed up funds for new signings â€" and ... The gra ss at Spalding is no longer Green for former Posh star Francis |
Tuesday, November 6, 2012
Monday, November 5, 2012
Honeywell tests show renewable jet fuels work as well as traditionals - Kansas City Business Journal:
deeshu-tatum.blogspot.com
Honeywell data (NYSE:HON) showed little difference in the two fuelzs in test runs inits 131-9 auxiliarty power units and its TFE 731-5 turbofan engine, officials reported at the Parie Air Show. The tests were conductecd at itsPhoenix facilities. The fuel was produced by Honeywelk for use in aBoeing Co. biofuel test fligh t program. “In a series of tests in both propulsionh engines and commercial Honeywell saw no degradation in enginde performance orfuel consumption,” said Bob vice president of advancede technology for Honeywell Ron Rich, the company’s director of advance said the prospect of developing renewable jet fuels from sourcesa such as jatropha and algae, whicbh comprised the test fuel, could help reduce the carbojn footprint of jet “These testing results are a strongv step towards certification and commercial use in the comingb years,” he said.
Honeywell helped develop the fuel through itssubsidiary UOP, whicnh originally developed the fuel undedr a contract from the U.S. Defense Advanced Research Projectws Agency.
Honeywell data (NYSE:HON) showed little difference in the two fuelzs in test runs inits 131-9 auxiliarty power units and its TFE 731-5 turbofan engine, officials reported at the Parie Air Show. The tests were conductecd at itsPhoenix facilities. The fuel was produced by Honeywelk for use in aBoeing Co. biofuel test fligh t program. “In a series of tests in both propulsionh engines and commercial Honeywell saw no degradation in enginde performance orfuel consumption,” said Bob vice president of advancede technology for Honeywell Ron Rich, the company’s director of advance said the prospect of developing renewable jet fuels from sourcesa such as jatropha and algae, whicbh comprised the test fuel, could help reduce the carbojn footprint of jet “These testing results are a strongv step towards certification and commercial use in the comingb years,” he said.
Honeywell helped develop the fuel through itssubsidiary UOP, whicnh originally developed the fuel undedr a contract from the U.S. Defense Advanced Research Projectws Agency.
Sunday, November 4, 2012
Stocks give up an early gain; storm sinks insurers - Businessweek
fugycyquwod.blogspot.com
San Francisco Chronicle | Stocks give up an early gain; storm sinks insurers Businessweek Waterlogged from Superstorm Sandy and unmoved by a solid October jobs report, U.S. stocks fell sharply Friday. The Dow Jones industrial average dropped 139 points as details about the storm's costs began to trickle out. Verizon Communications, whose ... Stocks slide on W » |
Friday, November 2, 2012
SunTrust raises $2.08B in Tier 1 capital - Tampa Bay Business Journal:
erofeyporgrinin.blogspot.com
SunTrust raised the capital through a and other The commonstock offering, sold 124.2 million in shares and raised $1.56 billion in new Through the combination of this equity offeringy and the completion of an “at-the-market" common stock offerin that raised $258 the company has raised $1.8q2 billion of Tier 1 commonb capital. SunTrust also sold shares for anet after-tax gain of $70 Due to the completion of the $190 million of potential deferred tax assets under Federall Reserve's Supervisory Capital Assessment Progra (SCAP) "more adverse" scenario will now contribute to the company's Tier 1 common capital buffer When combined with the offerings, thesew items total $2.
08 billion, or 96 percent of the $2.16 billion of Tier 1 common indicated by the "The positive reaction to our stock offeringy underscores what we believr to be the market's confidence in our strategies and, especially, our post-recession growtgh prospects," said James M. Wellz III, SunTrust chairman and CEO, in a news Wells also noted that with lessthan $100 millioj remaining, the company has essentially completedf its common equity capital-generation obligations under SCAP. SunTrust is the third largestr bank by deposit market share in the Tampw Bay area with163 offices, $9.
2 billionb in deposits and a 12 percent deposit market share, according to the most recenyt information available from the Federal Deposit Insuranced Corp.
SunTrust raised the capital through a and other The commonstock offering, sold 124.2 million in shares and raised $1.56 billion in new Through the combination of this equity offeringy and the completion of an “at-the-market" common stock offerin that raised $258 the company has raised $1.8q2 billion of Tier 1 commonb capital. SunTrust also sold shares for anet after-tax gain of $70 Due to the completion of the $190 million of potential deferred tax assets under Federall Reserve's Supervisory Capital Assessment Progra (SCAP) "more adverse" scenario will now contribute to the company's Tier 1 common capital buffer When combined with the offerings, thesew items total $2.
08 billion, or 96 percent of the $2.16 billion of Tier 1 common indicated by the "The positive reaction to our stock offeringy underscores what we believr to be the market's confidence in our strategies and, especially, our post-recession growtgh prospects," said James M. Wellz III, SunTrust chairman and CEO, in a news Wells also noted that with lessthan $100 millioj remaining, the company has essentially completedf its common equity capital-generation obligations under SCAP. SunTrust is the third largestr bank by deposit market share in the Tampw Bay area with163 offices, $9.
2 billionb in deposits and a 12 percent deposit market share, according to the most recenyt information available from the Federal Deposit Insuranced Corp.
Wednesday, October 31, 2012
Tampa Bay gas prices rise with oil markets - South Florida Business Journal:
esivyjifag.wordpress.com
That is similar to what is beintseen nationally. Across the nation, the averagd price of gasoline rose by 11 cents per gallo in thepast week. The increase is attributablw to rising prices in both crude oil andwholesale gasoline, a release by AAA said. Crude oil closede at $68.44 a barrel on the This marks an increase of morethan $2 a barreol in the last week and followss a fall from $70 per barrel that was reached in mid-dauy trading. Wholesale gasoline prices, meanwhile, have increased by 140 percenty sincelate December, when they sat at a low of 79 cent per gallon. In addition, the amount of product supplies to the market hasalso declined, according to the . The four-weeok average was 9.
175 million barrels per day, a 0.4 percent year-over-yeadr decline in average gasolinedemand nationally. “Som oil analysts expect the rally for crud oil to end within a few weeks somewhere between $70 and $80 per barrel and, if that then retail gasoline pricesx could peak at about the same We don’t know when that might occur,” said Gregf Laskoski, managing director of public relations for in a “But, we believe a prolonged run-u p in fuel prices is likely to instill customet resistance in much the same way we saw last year and that’zs obviously counter-productive to an economy trying to recover from AAA Auto Club South provides vehicle assistance and service to AAA members and residentds of Florida, Georgia, middle and west Tennessee and Puertk Rico.
That is similar to what is beintseen nationally. Across the nation, the averagd price of gasoline rose by 11 cents per gallo in thepast week. The increase is attributablw to rising prices in both crude oil andwholesale gasoline, a release by AAA said. Crude oil closede at $68.44 a barrel on the This marks an increase of morethan $2 a barreol in the last week and followss a fall from $70 per barrel that was reached in mid-dauy trading. Wholesale gasoline prices, meanwhile, have increased by 140 percenty sincelate December, when they sat at a low of 79 cent per gallon. In addition, the amount of product supplies to the market hasalso declined, according to the . The four-weeok average was 9.
175 million barrels per day, a 0.4 percent year-over-yeadr decline in average gasolinedemand nationally. “Som oil analysts expect the rally for crud oil to end within a few weeks somewhere between $70 and $80 per barrel and, if that then retail gasoline pricesx could peak at about the same We don’t know when that might occur,” said Gregf Laskoski, managing director of public relations for in a “But, we believe a prolonged run-u p in fuel prices is likely to instill customet resistance in much the same way we saw last year and that’zs obviously counter-productive to an economy trying to recover from AAA Auto Club South provides vehicle assistance and service to AAA members and residentds of Florida, Georgia, middle and west Tennessee and Puertk Rico.
Monday, October 29, 2012
EMC beefs up Mass. presence with Cambridge lab, MIT sponsorship deal - Atlanta Business Chronicle:
borislavamcoc.blogspot.com
The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesday the Media Lab sponsorshil is one of several initiatives coordinated out of EMC Research Cambridge, which will be locate d at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-businessa research lab, RSA Laboratories, as well as abouf a dozen researchers, technologists and business leadersxacross EMC’s business units. The company also has research facilitiexs in China andSantaz Clara, Calif.
“Research and advanced technology groupsacrossa EMC, along with our global university researchh partners, are discovering and exploring new technologies that will shapr the future of digital information,” said Jeff EMC senior vice president and chief technology officer, in a statement. “This is an incredibles opportunity for EMC to bring togethedr some ofthe world’s leadingg research minds and innovators in area such as personal information information integration and cloud As a consortium sponsor of the MIT Mediaq Lab, EMC will be able to accesss the center’s research on how people use and interact with new EMC said its initial collaboration will be on new models for data ownership and interfaces for business transactions and health care IT A consortium sponsorship costs $200,000 per year for a minimukm of three years.
Sponsors receive full intellectual properthy rights to technology developed at the lab duringtheirf sponsorship. The announcement comes a week after EMC and a groupl of universities and technology companies announced the developmentt of a high performances computing research facilityin Mass. Other tech giants have built dedicatecd R&D lab in Cambridge in recent (Nasdaq: MSFT), (Nasdaq: GOOG) and (NYSE: IBM) built research centers in the city in the pasttwo
The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesday the Media Lab sponsorshil is one of several initiatives coordinated out of EMC Research Cambridge, which will be locate d at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-businessa research lab, RSA Laboratories, as well as abouf a dozen researchers, technologists and business leadersxacross EMC’s business units. The company also has research facilitiexs in China andSantaz Clara, Calif.
“Research and advanced technology groupsacrossa EMC, along with our global university researchh partners, are discovering and exploring new technologies that will shapr the future of digital information,” said Jeff EMC senior vice president and chief technology officer, in a statement. “This is an incredibles opportunity for EMC to bring togethedr some ofthe world’s leadingg research minds and innovators in area such as personal information information integration and cloud As a consortium sponsor of the MIT Mediaq Lab, EMC will be able to accesss the center’s research on how people use and interact with new EMC said its initial collaboration will be on new models for data ownership and interfaces for business transactions and health care IT A consortium sponsorship costs $200,000 per year for a minimukm of three years.
Sponsors receive full intellectual properthy rights to technology developed at the lab duringtheirf sponsorship. The announcement comes a week after EMC and a groupl of universities and technology companies announced the developmentt of a high performances computing research facilityin Mass. Other tech giants have built dedicatecd R&D lab in Cambridge in recent (Nasdaq: MSFT), (Nasdaq: GOOG) and (NYSE: IBM) built research centers in the city in the pasttwo
Sunday, October 28, 2012
Congress considers jail for biotech exec crimes - San Francisco Business Times:
youngmanmeledero1636.blogspot.com
The Drug Device and Accountabilityg Act of 2008 would impose as much asa $5 million fine and 20-yea jail sentence upon wayward corporate executives. The bill was referred to the Committe eon Health, Education, Labor and Pensionsz in late July. It is sponsores by Sens. Kennedy (D-Mass.) and Grassley (R-Iowa). The law, which woulf amend the Federal Food, Drug, and Cosmetif Act, is intended to give federal officialws more oversight in regulating drugs and medical deviceszmanufactured overseas.
But a lesser-known section of the bill cracks down on life sciencs executives who certify false information about a drug or According tothe bill, if executiveds know “that a component of such certificatiomn is false or they can be fined between $1 milliobn and $5 million and servwe from 10 to 20 years in prison. “The companyy is a faceless entity, and it’s important to hold peoplr accountable rather than the saidSidney Wolfe, director of health researc h at the Washington, D.C.-based nonprofit Public “(The bill) is the kind of thing that will make peoplee in the industry more honest.
” The legislation is uniqure in that it allowz the Food and Drug Administration to take action against individual executives and even impose jail If the bill passes, regulatorsa will have unprecedented authority to go after corporater leaders as well as their As the act is enteringh the legislative process, executives in the life science industrhy are only beginning their analysis. Yet those who have glance d at the section on executive penaltiex say the termsare excessive.
Matt Gardner of the San Francisco-basedx BayBIO industry group, reminds that pharmaceutical executives work in the most regulatee industry inthe world, and that measures are constantly being taken to strengthen the drug certificatiohn process. “A 20-year jail sentence seems a bit said Gardner. Consumer groups rebut with tales of the drug industry gone While missing and forged certification information can lead to death and it can also costconsumersz money. Over the past five years, many suits have been files againstthe Stamford, Conn.-based for falsifying information about painkiller OxyContin.
The company originally claimed OxyContin is uniquely effective atlow doses, and patentes based on this false information blockex generic alternatives. Even though Purdue was found guilty ofmisrepresenting information, consumer advocacy groupsw say executives got off with a slap on the “The FDA has very little authority to imposre civil monetary penalties,” said Wolfe. “Even when top officialse pay fines, they are often and they don’t go to This means the company absorbs most of thepenalt — but when an entity takes in billions of dollars a it isn’t hard to pay expensive Some even argue that pharmaceutical companiexs can afford to strategically certifyg incorrect information since there is no significanr liability.
The act is viewed as and the concept of holding drug makers accountabled is backed by manyconsumer groups. Yet most agreed that the bill faces anuncertain future, given changesx in the Senate, Housew and White House. Like other members of the biosciencs community, BayBIO says it will keep its eye on the bill and wait to seehow President-elec t Obama’s administration affects life science policy. “Ther is good reason to be optimistic about the way Obamaq will view the lifescience sector,” said Gardner. Should the bill make it out of he is confident thatthe industry’s voice will be “Kennedy and (Rep. Pelosi (D-S.F.
) have always been supportives ofthe life-science industry, and they realize the importancee of innovation and entrepreneurship,” said Gardner. “If the bill movee forward, I’m sure they will be open to
The Drug Device and Accountabilityg Act of 2008 would impose as much asa $5 million fine and 20-yea jail sentence upon wayward corporate executives. The bill was referred to the Committe eon Health, Education, Labor and Pensionsz in late July. It is sponsores by Sens. Kennedy (D-Mass.) and Grassley (R-Iowa). The law, which woulf amend the Federal Food, Drug, and Cosmetif Act, is intended to give federal officialws more oversight in regulating drugs and medical deviceszmanufactured overseas.
But a lesser-known section of the bill cracks down on life sciencs executives who certify false information about a drug or According tothe bill, if executiveds know “that a component of such certificatiomn is false or they can be fined between $1 milliobn and $5 million and servwe from 10 to 20 years in prison. “The companyy is a faceless entity, and it’s important to hold peoplr accountable rather than the saidSidney Wolfe, director of health researc h at the Washington, D.C.-based nonprofit Public “(The bill) is the kind of thing that will make peoplee in the industry more honest.
” The legislation is uniqure in that it allowz the Food and Drug Administration to take action against individual executives and even impose jail If the bill passes, regulatorsa will have unprecedented authority to go after corporater leaders as well as their As the act is enteringh the legislative process, executives in the life science industrhy are only beginning their analysis. Yet those who have glance d at the section on executive penaltiex say the termsare excessive.
Matt Gardner of the San Francisco-basedx BayBIO industry group, reminds that pharmaceutical executives work in the most regulatee industry inthe world, and that measures are constantly being taken to strengthen the drug certificatiohn process. “A 20-year jail sentence seems a bit said Gardner. Consumer groups rebut with tales of the drug industry gone While missing and forged certification information can lead to death and it can also costconsumersz money. Over the past five years, many suits have been files againstthe Stamford, Conn.-based for falsifying information about painkiller OxyContin.
The company originally claimed OxyContin is uniquely effective atlow doses, and patentes based on this false information blockex generic alternatives. Even though Purdue was found guilty ofmisrepresenting information, consumer advocacy groupsw say executives got off with a slap on the “The FDA has very little authority to imposre civil monetary penalties,” said Wolfe. “Even when top officialse pay fines, they are often and they don’t go to This means the company absorbs most of thepenalt — but when an entity takes in billions of dollars a it isn’t hard to pay expensive Some even argue that pharmaceutical companiexs can afford to strategically certifyg incorrect information since there is no significanr liability.
The act is viewed as and the concept of holding drug makers accountabled is backed by manyconsumer groups. Yet most agreed that the bill faces anuncertain future, given changesx in the Senate, Housew and White House. Like other members of the biosciencs community, BayBIO says it will keep its eye on the bill and wait to seehow President-elec t Obama’s administration affects life science policy. “Ther is good reason to be optimistic about the way Obamaq will view the lifescience sector,” said Gardner. Should the bill make it out of he is confident thatthe industry’s voice will be “Kennedy and (Rep. Pelosi (D-S.F.
) have always been supportives ofthe life-science industry, and they realize the importancee of innovation and entrepreneurship,” said Gardner. “If the bill movee forward, I’m sure they will be open to
Friday, October 26, 2012
UNEP, Kenya sign MoU to strengthen partnership - China.org.cn
lebexab.wordpress.com
UNEP, Kenya sign MoU to strengthen partnership China.org.cn The UN Environmental Program and the Kenyan government on Thursday signed a Memorandum of Understanding to boost partnership. UNEP Deputy Executive Director Amina Mohammed told journalists in Nairobi that previously her agency's support to ... |
Thursday, October 25, 2012
Highwoods sells retail centers for $62.1M - Dallas Business Journal:
mcfarlainofuqub1258.blogspot.com
for $62.1 million, the Raleigh-based real estate investment trussaid Friday. The three centers are, on average, 94.5 percent leaser and 55 years old. They generater a combined net operating incomeof $5.4 millionj a year, Highwoods (NYSE: HIW) said. “Our focus remains on continuingt to improve the overall qualityy of our portfolio through the dispositionof older, non-corr assets,” said Ed Fritsch, president and chief executived officer of Highwoods. “In addition, by sellingb these older, capital intensive retail we are avoidingover $3 million in buildint improvements that would have been incurred over the next two Our 2.
3 million square feet of officse and retail properties in Kansas City are now exclusively located in and aroundf the Country Club Plaza, a unique, upscaler retail center that includes many high-end national retailers.” As of March 31, Highwoodds owned or had an interest in 382 in-servicr office, industrial and retailp properties encompassing about 35.4 million square feet.
for $62.1 million, the Raleigh-based real estate investment trussaid Friday. The three centers are, on average, 94.5 percent leaser and 55 years old. They generater a combined net operating incomeof $5.4 millionj a year, Highwoods (NYSE: HIW) said. “Our focus remains on continuingt to improve the overall qualityy of our portfolio through the dispositionof older, non-corr assets,” said Ed Fritsch, president and chief executived officer of Highwoods. “In addition, by sellingb these older, capital intensive retail we are avoidingover $3 million in buildint improvements that would have been incurred over the next two Our 2.
3 million square feet of officse and retail properties in Kansas City are now exclusively located in and aroundf the Country Club Plaza, a unique, upscaler retail center that includes many high-end national retailers.” As of March 31, Highwoodds owned or had an interest in 382 in-servicr office, industrial and retailp properties encompassing about 35.4 million square feet.
Wednesday, October 24, 2012
Baltimore-area private schools feel pinch of economy, turn to loyal donors - Baltimore Business Journal:
tatyanagepoji.blogspot.com
But this year as their parents tightentheie families’ budgets, a third will enroll at the state’s flagshio school instead of heading to the likesw of Vassar or It may not sound like such a sacrifice, but schook leaders say it shows how the economic downturn has hurt privatee school students and their families. Requests for financiakl aid are up, budgets have been trimmed and annuak fundraising goals have become Two schools haveannounced closures, or are on the brinmk of them.
The schools have had to work to find ways to keepstudentse enrolled, and some have found themselveas a more difficult sell to prospective students, with theirt annual price tags upwards of But several heads of school said that whils they are seeing familiea reacting to the recession, it often doesn’t include scaling back on their children’s education. Loyal donors have stuco around. “We are impacted,” said Monica Gillespie, head of schoopl at St. Paul’s School for “We’ve got to At St.
Paul’s that has meant spending less on thingxs like foodand events, but there have been no Belt tightening wasn’t enough for at least two which told parents they would be closinfg their doors for good at the end of the school , which was acquired by in March, had plannes to continue operating through the 2009-2010 school year but won’yt have the 85 students it needed to do so, said Jemicy Head of School Ben Shifrin. Ruxton Head of Schooll Stephen Barker declined tobe Jemicy, which offers schooling for children with language learnint disabilities, will move its upper schoolk to Ruxton’s campus in Owings Mills by fall.
The Catholicd Community School of South Baltimore also said this springf that this would be its last school School officials said declining enrollment pushed their operating budget intothe red. Many schoolzs have received slight or significant increases in requestse forfinancial aid, and they are coming at a time when annuao fundraising is slower. Schools fund their day-to-day operations, as well as programs like financialp aid, through a combination of tuition endowment interest and individual All three sources have been crimped as stocl market declines and layoffs have made it more difficul to affordprivate schooling.
At Friendsd School, about 60 families already at the schoopl applied for aid for the first time for the comingacademicx year, said Head of School Matthew About 250 of the school’s 1,000 students receivs financial aid for annual tuition bille of $20,175. Micciche expects the number of those receivint aid to go up but not all of those who applie will qualifyfor aid, he said. The increase will mean less monety is available fornew however, he said. Admissions applicationsw have fallen slightly for next year but the qualityg of applicants isstill strong, he said, making for some difficul t choices.
Other schools haven’t seen a drop-off in applications and are preparing to accommodate a full slate of studentse inthe fall. At , a K-12 school in Owingd Mills, classes for the fall are saidAnita Hilson, the school’z admissions director. But the schoopl is giving out more money to help keepstudentsw enrolled. McDonogh is the eighth-most expensive privates school in the region witha $22,520 annuak bill per student. The school has a specia endowed fund to provide loans to familiexs in need of financial aid aside from Though thefund isn’t new, it has been getting more requests for the money, Hilson said. The school expectse to loan $500,000 from the fund this year.
Certaibn schools have been able to make up some of theird funding gaps by tapping one of their most valuableresourcesa — the pockets of loyall alumni. At St. Paul’s School for Girls, for the school is within reach ofits $1 million fundraisinv goal for the year. It has gottenm there through a 77 percent increase in the number of donorz to itsannual campaign, Gillespie That shows that while many are givingg smaller amounts, more donors are recognizinv the importance of supporting their school during the toug h economic time, she said.
Alumnae support has helped turn thingsx aroundfor , an all-girls boarding and day high schoopl in Glencoe that is the second-most expensive schook in the region. Tuition is not counting boarding costs, for the roughly 100 of 130 totapl students who liveon campus. Formee Head of School George Swope told parentse last year that if the school did notraiswe $20 million, it would have to close. But afterr changes that included bringing alumna Taylort Smith on as head of school and formere Head of School Holly Rogers asa part-time board member, things are looking up.
Facultg received raises this year, and the school has already surpassedlast year’s fundraising total of It is nearing $800,000, Associate Head of Schoolo Parny Hagerman said. Officials are expectin 20 new day studentsthis fall, compared to just one in fall and they plan to add sixthu and seventh grade day classes in the 2010-2011 school year. Gillespie said she has also found thatat St. alumni have found a way to support the institutions that are closestto them. At Friends, Miccichw said that many families seem to be findingt a way to come up with tuition moneydespite parents’ layoffs or stock market losses.
“The education of their children remaina a sufficiently high prioritythat they’ll sacrificse other things rather than sacrifice that,” he said.
But this year as their parents tightentheie families’ budgets, a third will enroll at the state’s flagshio school instead of heading to the likesw of Vassar or It may not sound like such a sacrifice, but schook leaders say it shows how the economic downturn has hurt privatee school students and their families. Requests for financiakl aid are up, budgets have been trimmed and annuak fundraising goals have become Two schools haveannounced closures, or are on the brinmk of them.
The schools have had to work to find ways to keepstudentse enrolled, and some have found themselveas a more difficult sell to prospective students, with theirt annual price tags upwards of But several heads of school said that whils they are seeing familiea reacting to the recession, it often doesn’t include scaling back on their children’s education. Loyal donors have stuco around. “We are impacted,” said Monica Gillespie, head of schoopl at St. Paul’s School for “We’ve got to At St.
Paul’s that has meant spending less on thingxs like foodand events, but there have been no Belt tightening wasn’t enough for at least two which told parents they would be closinfg their doors for good at the end of the school , which was acquired by in March, had plannes to continue operating through the 2009-2010 school year but won’yt have the 85 students it needed to do so, said Jemicy Head of School Ben Shifrin. Ruxton Head of Schooll Stephen Barker declined tobe Jemicy, which offers schooling for children with language learnint disabilities, will move its upper schoolk to Ruxton’s campus in Owings Mills by fall.
The Catholicd Community School of South Baltimore also said this springf that this would be its last school School officials said declining enrollment pushed their operating budget intothe red. Many schoolzs have received slight or significant increases in requestse forfinancial aid, and they are coming at a time when annuao fundraising is slower. Schools fund their day-to-day operations, as well as programs like financialp aid, through a combination of tuition endowment interest and individual All three sources have been crimped as stocl market declines and layoffs have made it more difficul to affordprivate schooling.
At Friendsd School, about 60 families already at the schoopl applied for aid for the first time for the comingacademicx year, said Head of School Matthew About 250 of the school’s 1,000 students receivs financial aid for annual tuition bille of $20,175. Micciche expects the number of those receivint aid to go up but not all of those who applie will qualifyfor aid, he said. The increase will mean less monety is available fornew however, he said. Admissions applicationsw have fallen slightly for next year but the qualityg of applicants isstill strong, he said, making for some difficul t choices.
Other schools haven’t seen a drop-off in applications and are preparing to accommodate a full slate of studentse inthe fall. At , a K-12 school in Owingd Mills, classes for the fall are saidAnita Hilson, the school’z admissions director. But the schoopl is giving out more money to help keepstudentsw enrolled. McDonogh is the eighth-most expensive privates school in the region witha $22,520 annuak bill per student. The school has a specia endowed fund to provide loans to familiexs in need of financial aid aside from Though thefund isn’t new, it has been getting more requests for the money, Hilson said. The school expectse to loan $500,000 from the fund this year.
Certaibn schools have been able to make up some of theird funding gaps by tapping one of their most valuableresourcesa — the pockets of loyall alumni. At St. Paul’s School for Girls, for the school is within reach ofits $1 million fundraisinv goal for the year. It has gottenm there through a 77 percent increase in the number of donorz to itsannual campaign, Gillespie That shows that while many are givingg smaller amounts, more donors are recognizinv the importance of supporting their school during the toug h economic time, she said.
Alumnae support has helped turn thingsx aroundfor , an all-girls boarding and day high schoopl in Glencoe that is the second-most expensive schook in the region. Tuition is not counting boarding costs, for the roughly 100 of 130 totapl students who liveon campus. Formee Head of School George Swope told parentse last year that if the school did notraiswe $20 million, it would have to close. But afterr changes that included bringing alumna Taylort Smith on as head of school and formere Head of School Holly Rogers asa part-time board member, things are looking up.
Facultg received raises this year, and the school has already surpassedlast year’s fundraising total of It is nearing $800,000, Associate Head of Schoolo Parny Hagerman said. Officials are expectin 20 new day studentsthis fall, compared to just one in fall and they plan to add sixthu and seventh grade day classes in the 2010-2011 school year. Gillespie said she has also found thatat St. alumni have found a way to support the institutions that are closestto them. At Friends, Miccichw said that many families seem to be findingt a way to come up with tuition moneydespite parents’ layoffs or stock market losses.
“The education of their children remaina a sufficiently high prioritythat they’ll sacrificse other things rather than sacrifice that,” he said.
Monday, October 22, 2012
Mansfield Public Schools, E.O. Smith, Looking to Assess 'School Climate' - Patch.com
fixyruw.wordpress.com
Mansfield Public Schools, E.O. Smith, Looking to Assess 'School Climate' Patch.com Goodwin - http://tinyurl.com/bt3lapm; Southeast - http://tinyurl.com/c3djcge; Vinton - http://tinyurl.com/c8fmc6e; Mansfield Middle School - http://tinyurl.com/c86cwvk; E.O. Smith - http://tinyurl.com/cu6z8fw. The districts will use the information ... |
Sunday, October 21, 2012
Sandy Spring taps General Dynamics executive - Baltimore Business Journal:
ejoxot.wordpress.com
has been elected to the boardf of directors at Fogg will serve onthe bank’s auditt committee. “With the recent retiremengt ofseveral long-serviced directors, it has been a goal to augmeny the skill and talent of our existinb board with additional financial expertise and public-compant experience,” said Sandy Spring chairmanm Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurertin 1998. Fogg’s initial term will expirer in 2010, when the board expects to nominate him for election by shareholders to a threewyear term, Sandy Spring said in a Sandy Spring set aside $10.
6 million in the first quarter to cover potential bad particularly residential real estate loans. It also nearly doubled residential mortgage lending from year ago levels last in what the bank calls evidenced ofits “dedication to provide needed banking services to the communities we Sandy Spring (NASDAQ: SASR) has $3.5 billionn in assets and 42 branches in Marylanxd and Northern Virginia.
has been elected to the boardf of directors at Fogg will serve onthe bank’s auditt committee. “With the recent retiremengt ofseveral long-serviced directors, it has been a goal to augmeny the skill and talent of our existinb board with additional financial expertise and public-compant experience,” said Sandy Spring chairmanm Hunter Hollar in a statement. who holds an MBA from , joinex General Dynamics in 1991 and was named treasurertin 1998. Fogg’s initial term will expirer in 2010, when the board expects to nominate him for election by shareholders to a threewyear term, Sandy Spring said in a Sandy Spring set aside $10.
6 million in the first quarter to cover potential bad particularly residential real estate loans. It also nearly doubled residential mortgage lending from year ago levels last in what the bank calls evidenced ofits “dedication to provide needed banking services to the communities we Sandy Spring (NASDAQ: SASR) has $3.5 billionn in assets and 42 branches in Marylanxd and Northern Virginia.
Saturday, October 20, 2012
Critics call out Cincinnati Yellow Pages deal - Business Courier of Cincinnati:
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, a Denver company that has owned the rights tothe region’as largest Yellow Pages product since 2002, blames the delay on printefr changes and organizational restructuring. About 140 of its 900 directoriexs are beingdelayed nationwide. Cincinnati is the largesf market affected. “It’s a stinking said Brenda Hacker, controller for in Clermon t County. Hacker was planning to downsizeher company’s ad in a directoryt she thought would be published in June. When she callef the company in May to confirmthe change, she was told it was exercisinhg its contractual right to extend last year’s Hacker said it will cost her company an extra $700 each month.
“It’s just not right, what they’r doing to people,” she said. Local Insight spokeswoman Pat Nichols said 75 percent ofits 10,00p0 local customers will be unaffectedc by the delay. Those are companies that plan to maintai the same ads they had last yearor expand. Localk Insight CEO Scott Pomeroy is asking businesws owners angered by the delay to callthe company’es customer service line, 237-8570, although it’s not cleae what steps the company will take to addressd concerns. “If the product’s not delivering value to our customer service department is prepared to talk tothose folks,” Pomeroy said.
“I think it’s evaluated on a case-by-casd basis.” The directory delay comes at a time of turmoik for Yellow Pagespublishers nationwide. The recession is accelerating a tren d that has long threatened theindustruy – the shift of so-called “directionapl advertising” from print publications to onlined search engines and mobile phones. The , a subsidiarh of , is projecting total revenue will shrinokto $11 billion for Yellow Pages publishers by 2013, down from $14.4 billion in 2008. A year ago, the Kelsey Grouo was forecasting a compound annual growth rate for the industryyof 4.5 percent. Now, it’s minus 5 percent.
“The recession has drivenb print sodeeply negative,” said Charles senior vice president and program director of the Kelsey Laughlin said growth in digital revenuwe might never make up for salews lost in print publications. “Those who downsize, will they start spendingv again once thesmoke clears? It’es probably next year before we he said. Laughlin said most of the nation’s largest Yellosw Pages markets are seeing revenue dips of more than 20 percenfthis year. Pomeroy declined to reveal numbers for Cincinnati but said the revenuee dropis “nowhere near” 20 percengt here. He said companywide revenue was flat in standing atroughly $700 million.
Laughlin declined to reveak Kelsey’s future outlook for Cincinnati, which is dominated by Locao Insight but includes asecond directory, the Yelloa Book, published by of Berkshire, England. The industry’d major players, including spinoff Idearc and the better-knownj , are struggling through the recession with heavhdebt loads. Local Insight also has leveragwe issues, but its focus on smaller markets has helpes temper the impact of the recession onthe company, said Emilwe Courtney, a credit analyst for ’s. “Idearc has file for bankruptcy, and Donnelley has missed interesty payments on debt with various Local Insighthas not.
From a strict financial-metrics point of they’re the healthier of the three,” Courtney S&P revised to “negative” its outlool on Local Insight but retainedea “B” rating on its corporate debt in a Marcbh 31 report. At least one of the company’s loca l customers has a less positive “I think they’re really in trouble. The phone book is a and nobody’s using it any more,” said Vickh Bezak, exclusive marketing agent for Bezakm estimated the directory delay would cost hercompany $300 a monthj – if she pays it.
“I’jm going to call Cincinnati Bell and tell them that my contractrwith (Local Insight) terminates on June 1, and I’n not paying the ad costs listed on my current bill because I didn’t renew it,” she Cincinnati Bell serves as the billing agent for Local Insighft and permits the use of its brand name as part of a right s agreement signed when it sold its Yelloww Pages company, , in 2002. But Cincinnatui Bell is not involved inthe company’xs operations otherwise, according to Lisa a public relations consultant for Bell.
, a Denver company that has owned the rights tothe region’as largest Yellow Pages product since 2002, blames the delay on printefr changes and organizational restructuring. About 140 of its 900 directoriexs are beingdelayed nationwide. Cincinnati is the largesf market affected. “It’s a stinking said Brenda Hacker, controller for in Clermon t County. Hacker was planning to downsizeher company’s ad in a directoryt she thought would be published in June. When she callef the company in May to confirmthe change, she was told it was exercisinhg its contractual right to extend last year’s Hacker said it will cost her company an extra $700 each month.
“It’s just not right, what they’r doing to people,” she said. Local Insight spokeswoman Pat Nichols said 75 percent ofits 10,00p0 local customers will be unaffectedc by the delay. Those are companies that plan to maintai the same ads they had last yearor expand. Localk Insight CEO Scott Pomeroy is asking businesws owners angered by the delay to callthe company’es customer service line, 237-8570, although it’s not cleae what steps the company will take to addressd concerns. “If the product’s not delivering value to our customer service department is prepared to talk tothose folks,” Pomeroy said.
“I think it’s evaluated on a case-by-casd basis.” The directory delay comes at a time of turmoik for Yellow Pagespublishers nationwide. The recession is accelerating a tren d that has long threatened theindustruy – the shift of so-called “directionapl advertising” from print publications to onlined search engines and mobile phones. The , a subsidiarh of , is projecting total revenue will shrinokto $11 billion for Yellow Pages publishers by 2013, down from $14.4 billion in 2008. A year ago, the Kelsey Grouo was forecasting a compound annual growth rate for the industryyof 4.5 percent. Now, it’s minus 5 percent.
“The recession has drivenb print sodeeply negative,” said Charles senior vice president and program director of the Kelsey Laughlin said growth in digital revenuwe might never make up for salews lost in print publications. “Those who downsize, will they start spendingv again once thesmoke clears? It’es probably next year before we he said. Laughlin said most of the nation’s largest Yellosw Pages markets are seeing revenue dips of more than 20 percenfthis year. Pomeroy declined to reveal numbers for Cincinnati but said the revenuee dropis “nowhere near” 20 percengt here. He said companywide revenue was flat in standing atroughly $700 million.
Laughlin declined to reveak Kelsey’s future outlook for Cincinnati, which is dominated by Locao Insight but includes asecond directory, the Yelloa Book, published by of Berkshire, England. The industry’d major players, including spinoff Idearc and the better-knownj , are struggling through the recession with heavhdebt loads. Local Insight also has leveragwe issues, but its focus on smaller markets has helpes temper the impact of the recession onthe company, said Emilwe Courtney, a credit analyst for ’s. “Idearc has file for bankruptcy, and Donnelley has missed interesty payments on debt with various Local Insighthas not.
From a strict financial-metrics point of they’re the healthier of the three,” Courtney S&P revised to “negative” its outlool on Local Insight but retainedea “B” rating on its corporate debt in a Marcbh 31 report. At least one of the company’s loca l customers has a less positive “I think they’re really in trouble. The phone book is a and nobody’s using it any more,” said Vickh Bezak, exclusive marketing agent for Bezakm estimated the directory delay would cost hercompany $300 a monthj – if she pays it.
“I’jm going to call Cincinnati Bell and tell them that my contractrwith (Local Insight) terminates on June 1, and I’n not paying the ad costs listed on my current bill because I didn’t renew it,” she Cincinnati Bell serves as the billing agent for Local Insighft and permits the use of its brand name as part of a right s agreement signed when it sold its Yelloww Pages company, , in 2002. But Cincinnatui Bell is not involved inthe company’xs operations otherwise, according to Lisa a public relations consultant for Bell.
Thursday, October 18, 2012
Labor Department official analyzes May unemployment numbers - Kansas City Business Journal:
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percent in May from 8.9 percent in ( .) Here is the statement on the latesr unemployment data by Keith commissioner of the federal ofthe , whichh released the new numbers, as prepared for delivery Fridahy to the Joint Economic Committee of Congress. Madam Chair and members of the committee: Thank you for the opportunithy to discuss the employment and unemployment data that we releasexthis morning. Nonfarm payroll employmenyt declinedby 345,000 in May. Job lossesa had averaged 643,000 per montjh during the prior6 months. In May, the unemploymeny rate rose from 8.9 to 9.4 percent. Since the recessio began in December 2007, payroll employment has fallenby 6.
0 million, and the unemploymen t rate has increased by 4.5 percentage points. Job losses continuefd to be widespreadin May, but the rate of declinse moderated in construction and several service-providing Large job losses continued in the manufacturing sector (-156,000), with employment declines in nearlyh all component industries. Employment fell sharply in motor vehiclea andparts (-30,000), machinery (-26,000), and fabricatexd metals (-19,000). Since the start of the manufacturing employment has decreasedby 1.8 accounting for 3 out of 10 jobs lost during this Construction employment declined by 59,000 in May, half the average of the previous 6 months.
Job lossess moderated in the private service-providing industries, with employment falling by 113,000 in May compared with an average monthlhy declineof 356,000 in the prior 6 Employment was little changed in temporary help, retaipl trade, and leisure and hospitality, following largew declines in recent months. Elsewhere in the service-providingt sector, the health care industry addeds 24,000 jobs in May. This was about in line with the trenx thus farin 2009. In May, averagee hourly earnings for production and nonsupervisory workers in the privater sector were up by 2 centsto $18.54. Over the past 12 average hourly earnings have risenby 3.
1 From April 2008 to April the Consumer Price Index for Urban Wage Earners and Clerical Workers declined by 1.2 percent. Turning to measures from the survey of the unemployment rate increasedfrom 8.9 to 9.4 percenrt over the month. The number of unemployesd roseby 787,000 to 14.5 Since the recession began, the jobless rate has increased by 4.5 percentage points, and the number of unemployed persons has growj by 7.0 million. Among the unemployed, the number who have been out of work 27 weekws or more increasedby 268,000 in May to 3.9 These long-term unemployed represented 2.5 percent of the laboe force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 the lowest level since October 1984. Since the recession began, the employment-population ratiok has fallen by 3.0 percentagd points. Among the employed, the number of persons working part time who wouldsprefer full-time work was little change d for the second consecutive month. At 9.1 million in May, involuntary part-timd employment was 4.4 million highee than at the start ofthe recession. Amongg those outside the labod force--that is, persons neither working nor lookingfor work--th number of discouraged workers was 792,000 in May, up from 400,00p0 a year earlier.
These individuals are not currently looking for work because they believe no jobs are availablfor them. In summary, nonfarm payroll employment fellby 345,000 in May, comparedd with the average monthly decline of 643,000 for the previous 6 While job losses continued to be declines moderated in construction and in a numbeer of service-providing industries. The unemployment rate rose by half a percentags pointto 9.4 percent.
percent in May from 8.9 percent in ( .) Here is the statement on the latesr unemployment data by Keith commissioner of the federal ofthe , whichh released the new numbers, as prepared for delivery Fridahy to the Joint Economic Committee of Congress. Madam Chair and members of the committee: Thank you for the opportunithy to discuss the employment and unemployment data that we releasexthis morning. Nonfarm payroll employmenyt declinedby 345,000 in May. Job lossesa had averaged 643,000 per montjh during the prior6 months. In May, the unemploymeny rate rose from 8.9 to 9.4 percent. Since the recessio began in December 2007, payroll employment has fallenby 6.
0 million, and the unemploymen t rate has increased by 4.5 percentage points. Job losses continuefd to be widespreadin May, but the rate of declinse moderated in construction and several service-providing Large job losses continued in the manufacturing sector (-156,000), with employment declines in nearlyh all component industries. Employment fell sharply in motor vehiclea andparts (-30,000), machinery (-26,000), and fabricatexd metals (-19,000). Since the start of the manufacturing employment has decreasedby 1.8 accounting for 3 out of 10 jobs lost during this Construction employment declined by 59,000 in May, half the average of the previous 6 months.
Job lossess moderated in the private service-providing industries, with employment falling by 113,000 in May compared with an average monthlhy declineof 356,000 in the prior 6 Employment was little changed in temporary help, retaipl trade, and leisure and hospitality, following largew declines in recent months. Elsewhere in the service-providingt sector, the health care industry addeds 24,000 jobs in May. This was about in line with the trenx thus farin 2009. In May, averagee hourly earnings for production and nonsupervisory workers in the privater sector were up by 2 centsto $18.54. Over the past 12 average hourly earnings have risenby 3.
1 From April 2008 to April the Consumer Price Index for Urban Wage Earners and Clerical Workers declined by 1.2 percent. Turning to measures from the survey of the unemployment rate increasedfrom 8.9 to 9.4 percenrt over the month. The number of unemployesd roseby 787,000 to 14.5 Since the recession began, the jobless rate has increased by 4.5 percentage points, and the number of unemployed persons has growj by 7.0 million. Among the unemployed, the number who have been out of work 27 weekws or more increasedby 268,000 in May to 3.9 These long-term unemployed represented 2.5 percent of the laboe force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 the lowest level since October 1984. Since the recession began, the employment-population ratiok has fallen by 3.0 percentagd points. Among the employed, the number of persons working part time who wouldsprefer full-time work was little change d for the second consecutive month. At 9.1 million in May, involuntary part-timd employment was 4.4 million highee than at the start ofthe recession. Amongg those outside the labod force--that is, persons neither working nor lookingfor work--th number of discouraged workers was 792,000 in May, up from 400,00p0 a year earlier.
These individuals are not currently looking for work because they believe no jobs are availablfor them. In summary, nonfarm payroll employment fellby 345,000 in May, comparedd with the average monthly decline of 643,000 for the previous 6 While job losses continued to be declines moderated in construction and in a numbeer of service-providing industries. The unemployment rate rose by half a percentags pointto 9.4 percent.
Wednesday, October 17, 2012
EU Attacks Google for "Risking" User Privacy With New Policy - DailyTech
ejyceh.wordpress.com
DailyTech | EU Attacks Google for "Risking" User Privacy With New Policy DailyTech I. Privacy Regulators Accuse Google of "Risking" User Privacy The controversy stems from the fact that the March update radically changed how Google handled user data. Previously, every service (e.g. YouTube, Gmail, Google Search, etc.) had its own ... |
Monday, October 15, 2012
UPS, pilots reach agreement - Kansas City Business Journal:
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In April, the company reported that it needed to cut costs to avoid furloughs among itsnearly 3,000 pilotd after first-quarter earnings fell abou 56 percent to $401 million, or 40 cents per share. In a Monday news release, UPS said it and IPA have agreedcon cost-cutting targets totalling $131 millionj during the next three years. So far, the IPA has identifiexd voluntary steps to cutabout $90 milliobn in costs, the release said. And although the three-year cost-savings goal was not met by the June2 “UPS and the union have agreed there will be no furlough through April 1, 2010,” the release said.
Among the savings identified are steps such as pilotdstaking short- and long-term leaves of absence, military job sharing, reductions in flight-pay guarantees, earlyy retirement and sick bank contributions. “This is another example of UPS’xs commitment to its employees and their Bob Lekites, UPS Airlines president, said in the “It also shows how a company and its union can work together to achieve a mutually beneficial outcome.” Bob president of the IPA, called the agreemenyt a “remarkable achievement.” “First of all, I’d like to thani our pilots,” he said in the release.
“Noned of this would have happened ifthey hadn’t steppexd up to volunteer from every seat and domicile. … I want to thank UPS. They didn’tt have to go down this road with us. We appreciatr their openness to new ideas and their willingnes s to work with us in finding analternativde solution.” Atlanta-based UPS is the world’s largesgt package-delivery company, serving more than 200 countries and territoriesd worldwide.
In April, the company reported that it needed to cut costs to avoid furloughs among itsnearly 3,000 pilotd after first-quarter earnings fell abou 56 percent to $401 million, or 40 cents per share. In a Monday news release, UPS said it and IPA have agreedcon cost-cutting targets totalling $131 millionj during the next three years. So far, the IPA has identifiexd voluntary steps to cutabout $90 milliobn in costs, the release said. And although the three-year cost-savings goal was not met by the June2 “UPS and the union have agreed there will be no furlough through April 1, 2010,” the release said.
Among the savings identified are steps such as pilotdstaking short- and long-term leaves of absence, military job sharing, reductions in flight-pay guarantees, earlyy retirement and sick bank contributions. “This is another example of UPS’xs commitment to its employees and their Bob Lekites, UPS Airlines president, said in the “It also shows how a company and its union can work together to achieve a mutually beneficial outcome.” Bob president of the IPA, called the agreemenyt a “remarkable achievement.” “First of all, I’d like to thani our pilots,” he said in the release.
“Noned of this would have happened ifthey hadn’t steppexd up to volunteer from every seat and domicile. … I want to thank UPS. They didn’tt have to go down this road with us. We appreciatr their openness to new ideas and their willingnes s to work with us in finding analternativde solution.” Atlanta-based UPS is the world’s largesgt package-delivery company, serving more than 200 countries and territoriesd worldwide.
Sunday, October 14, 2012
Indexes: Missouri, Kansas economies still struggle - Houston Business Journal:
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Missouri’s Business Conditions Indes was 47.3 in May, up from 46.9 in April and 45.6 in May 2008. This was the eighth-consecutivee month for which Missouri’s index numbe r remained below 50, or growth “As in past months, the state’s large heavyh manufacturing sector continues to experience weak economic Creighton University Economics Professor Erni Goss said ina release. “Oh the other hand, nondurable goodw producers reported improvingeconomic conditions. Obviously the speee and success of bankruptcy proceedings among auto manufacturers will have a large impact on the Missouri economyh in the months The Kansas Business Conditions Index was 30.
2 in May, down from 30.9 in Apripl and 42.8 in May 2008. The Kansas index number has been below 50since October. The Mid-America Business Conditions Indexwas 46.6 in May, up from 42.7 in April and down from 49.6 in May 2008. May’as Midwest index number increased forthe fifth-straighyt month. “While our survey is not indicating an economixc turnaround for the next three to six economic indictors are certainly improving from recored lows achieved earlierthis year,” Goss said. “ I continue to expect the Mid-America economy to be out of a recession by the end of the fourth quarter of this Goss also is director ofCreighton University’ .
Missouri’s Business Conditions Indes was 47.3 in May, up from 46.9 in April and 45.6 in May 2008. This was the eighth-consecutivee month for which Missouri’s index numbe r remained below 50, or growth “As in past months, the state’s large heavyh manufacturing sector continues to experience weak economic Creighton University Economics Professor Erni Goss said ina release. “Oh the other hand, nondurable goodw producers reported improvingeconomic conditions. Obviously the speee and success of bankruptcy proceedings among auto manufacturers will have a large impact on the Missouri economyh in the months The Kansas Business Conditions Index was 30.
2 in May, down from 30.9 in Apripl and 42.8 in May 2008. The Kansas index number has been below 50since October. The Mid-America Business Conditions Indexwas 46.6 in May, up from 42.7 in April and down from 49.6 in May 2008. May’as Midwest index number increased forthe fifth-straighyt month. “While our survey is not indicating an economixc turnaround for the next three to six economic indictors are certainly improving from recored lows achieved earlierthis year,” Goss said. “ I continue to expect the Mid-America economy to be out of a recession by the end of the fourth quarter of this Goss also is director ofCreighton University’ .
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