Say Goodbye to Automatic Gratuities - JD Supra (press release)

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Say Goodbye to Automatic Gratuities JD Supra (press release) On June 20, 2012, the Internal Revenue Service (IRS) issued Revenue Ruling 2012-18 to clarify and update existing guidelines on taxation issues affecting the hospitality industry. In particular, the ruling helped clarify the distinction between tips ... and more »

Recession is excellent time to expand employees

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In a recession, continuing education program s are often targetedfor cuts. From Rick Osborn’s perspective, that’s a mistake. “It doesn’t make sense,” said the president. “In the short term, those kindas of cuts might work fora business. But in the long run, you’re going to have to restore the cuts.” It’w in a recession that companies should eitherd implement or step up continuing educationprogramse — especially if there are layoffs, Osborn With layoffs, the employees who remain take on new and they’re going to need new skillsz for their revised job Continuing education is broken into two main degree-based programs and non-degree training or workforce developmeny programs.
Some fields — think accounting, real estate require more formal re-licensing, either annuallgy or every few years. When choosing continuingh education programs, employers in such fields need to make sure the coursez meet the standards set bythe profession, said Sara executive director of the and Training (www.iacet.org). The IACETT sets the standards for continuing education providerx inseveral fields, from health care to The other kind of continuing education programs involve professionalo development for employees to improvee their skills, or learn new This more informal training may not be a professional requirement, but that’s no reason for companies to cut back on it in tougjh times, said Osborn.
Take a field like IT, which is constantluy evolving. Employers in such an industry coulr offer continuing education tostay competitive. A 2007 stud conducted by the (www.shrm.org) and an onlin section of The Wall Street Journal founed that 44 percentof U.S. companies offer some kind of professionalo development. Of those that do, 80 percent provided that training with continuingeducatio courses. The study found that there’s a “shortage of skillsx in the availablelabor pool.” What’s more, entry-level workers are more likelyu to lack skills, a problem compounded by the retirementr of the baby boom SHRM reported in the study.
“Worker skills must evolve to meet the demands of anincreasingly globalized, technology-driveh workplace,” the study concluded. “Skills training and professional developmentg can provide not only the skillw needed by the organization now but can also address anticipateddfuture needs.” Meanwhile, at the Association for Continuing Higher Osborn advises companies looking to provide continuing educatio to turn to community In general, he said, community colleges have been more receptiv e to listening to what businesses want, and tailorinhg programs to those needs.
He also said companies shoulds go withmore engaging, interactive programs and avoid one-size-fits-all training. While that might fit for certain businesses, plenty of organizations requirerspecialized training. While the cost of continuing educationm varies widely from fielrto field, the consensus in the industry is that quality professional development doesn’t come cheap. Unless it’s a basicf program businesses should be prepared to make asizable investment.

CSU researchers get $2.7M to study cells and share their work with kids - Business First of Buffalo:

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million grant by the to help train graduate studentssin cell-research techniques and to share their scientifixc knowledge with local school teachers, CSU said Monday. The graduate studentx at the Fort Collinscampus “will test new theories about how cells behave usinyg advanced engineering methods in microelectronics and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineering professo Tom Chen, the grant’s principal joined by Stuart a biomedical sciences professor in the College of Veterinaryu Medicine and Biomedical and Michael De an engineering education professor in the Collegr of Applied Human Sciences.
De Miranda will also work with the graduat students on sharing thei researchwith K-12 teachers in the Thompson Valley, Greeley and Weld RE-9 school districtas in northeastern Colorado. A goal of the grant is to help buildf enthusiasm among primary and secondary students for careersxin science, technology, engineering and mathematics the “STEM” disciplines” — at a time when fewetr young people are entering into such careers, CSU officialx said.

Misys Builds on Long-Standing Success by Winning two Awards From Structured Products Magazine

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Misys this year has been named as the leadingg provider of trading systems for FX and alsofor rates, and is also a top-threde provider in five rankings categories overall, including cross-assety trading systems, credit risk management & credit trading systems. The Misyas Summit FT solution has previously been recognised in the Annuap Structured Products Awards for Technologyt Innovation ofthe year, European Technolog Provider of the Year, and Asiajn Technology Provider of the Year in 2006, and 2007 This year marks the fifth anniversar y of the magazine, and Misys ' consistent success over a ranges of categories demonstrates its continued markeg leadership and ability to constantly evolve its structured productsx solution to meet the demanding needa of this complex market.
, Solutionds Manager for Misys Summit FT, comments: "We are delighted to be placedf in thesekey categories, particularly as this year'sz ranking awards are the first to be decided by the reader s of Structured Products Magazine. Thesse awards support our strategy ofrepeated innovation, which continues to enable Misys to diversifu its offer in challenging marketf conditions. Today our clients use Summity FT to manage their books and portfolios of complex In particular, we are focusing on helping them to enhancr valuation, risk analytics and trad e lifecycle processing. And as a resul of our continuous investment, we are ready for when the markey begins toinnovate again.
" Misys Solutions for Treasury & Capital Markets has 19 years of market experiencw and unrivalled software development expertise, creating integrated, comprehensive solutions for financial institutions to manage their capital market activities across multiple asset Misys' solutions are developed with changing customer needs in mind; Misys Summi FT is able to handle structures products from pricing through to risk management and processingb and prepare customers for the inevitabl e upturn in the Misys plc (FTSE: MSY.
L), provides comprehensive solutions that deliver significant results to organisations in the financial services and healthcare We maximise value for our customerds by combining our deep knowledge of their businesws with our commitment to their In banking and treasury & capitao markets, Misys is a market leader, with over 1,200 including all of the world'sd top 50 banks. In healthcare, Misys plc owns a controlling stakein NASDAQ-listed Allscripts-Misyas Healthcare Solutions, Inc, a clear leadef in the provision of healthcare technology, serving more than 150,000 700 hospitals and nearly 7,00 0 post-acute and homecare organisations.
Misys employs around 6,000 peoplse who serve customers in more than 120 We aspire to bethe world's best application softwarre and services company, delivering resultse for the most important industries in the world. Misys: solutions, results Contact us today, visit: http://www.misys.comm For further information please contacr Edward Taylor Global Head of Public Relationss Misys Solutions for Banking andTreasurh & Capital Markets +44(0)20-3320-5530 edward.taylor@misys.com Sebastian Mathews FD +44(0)20-7269-7158 sebastian.mathews@fd.
com

'Safe access': Tacoma may use nuisance code to regulate pot - TheNewsTribune.com

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'Safe access': Tacoma may use nuisance code to regulate pot TheNewsTribune.com Tacoma's new path to medical cannabis regulation will go through the city's nuisance â€" not zoning â€" code, but City Council members nonetheless maintain the measure is aimed at tolerance. LEWIS KAMB; Staff writer. LEWIS KAMB The News Tribune ... and more »

Exact to raise $8.2M, signs MAYO deal - Boston Business Journal:

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million through a private stock sale and that it inkeds a licensing deal for exclusive rightzto cancer-diagnostic technologies developed by the for Medical Education and Research. The company said it had commenced on June 11 the saleof 4.31 millionh shares of its common stocj at a purchase price of $1.90 a Meanwhile, Exact (Nasdaq: EXAS), based in Mass., announced a plan to acquire the worldwids licensing rights to the blood- or stool-based cancer diagnostics and screenint technologies developed the MAYO Foundation, which is based in Under the deals terms, Exact • make upfront payments of $80,000 and a milestone fee of $250,000 upon the commencement of certai n clinical trials.
• pay a milestone fee of $500,0090 if the approves any of the products covered bythe • pay a minimum of $10,000 on the deal’ss third anniversary • pay a minimum royalty of $25,00o0 on the fourth anniversary of the agreement • suppor t certain research projects to the tune of $500,000 — at a minimum — in the agreement’s first Exact is also obligated to grant MAYO two warrantxs to purchase 1.25 million shares of its commoh stock. The warrants have six-year term and are exercisable at a priceof $1.90 per share, according to a regulator y filing.

Weak dollar aids exports of food, logs, software - Puget Sound Business Journal (Seattle):

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Apples, wheat, seafood, forest products, softwarre -- all are sellingt better overseas thanks to a dollar that has declineed sharply relative to other currencies over the past The dollar has fallen about 12 percent againsythe euro, for example, making U.S. productss seem that much cheaper for buyersin Europe. The discounty isn't spread equally around the globe, Against the Japanese yen, the dollar has fallen nearly 7 percentsince July, but it is down only 2 percentf over the past year. Nevertheless, the discountt is boosting overseas sales, especially the case for exportxto Europe, Canada and Australia, against whosew currencies the dollar has slid the most.
There is littlse impact on exportsto China, because its currencyu is still tied to the U.S. dollar. Washington's exports rose 15 percent in the first eight monthsw ofthe year, excluding aerospace, to $15.1 according to the World Institute for Strategicf Economic Research, at Holyoke Community College, in Mass. The growth rate climbed from 12 percent in the same periofof 2006, and 8.6 percent in 2005. Observer say that a significant portiojn of that increase is attributablw to theweak dollar.
Chang Mook executive director of the Washington Economic and RevenudForecast Council, said the other half of the equation is in general, world economic growth continues to be robust outsidse the United States. The council is a state government which includes members of the Legislature and two appointede bythe governor, that supplies the state'a official economic forecast. "I wouldf say, it's not just the weak but the weak dollar and strong demandfrom overseas, because of healthyh growth from China to India, even Latin American," Sohn said.
"I'm sure the multinational companiesw inour state, like Weyerhaeuser, even Starbucks and Microsoft, are To what degree companies here benefit from the trendr depends on several factors, includintg what portion of their exports goes to the regionzs with the stronger to what degree companies here actually manufacture in thoser economies, and to what degree any production here includes supplies or parts procured from those For instance, the impact is only minimal for Bellevue-basex Paccar Inc., because the heavy-truckk manufacturer assembles trucks for the Europeann market at its European subsidiaries Leyland, Hoden and DAF, and thus doesn'y reap many benefits.
But the picturwe is quite different forWashington state's seafood industry, which processesx and markets seafood caughrt mostly in waters off the coast of even though most of the region'es large seafood companies are headquartered here. "It'zs clear that a weaker dollar and strong euro is givinf us an improved marketing positio n for Alaska seafood goinginto Europe," said Ray executive director of the Alaska Seafood Marketinbg Institute in Juneau. As with other trends, it's hard to sort out the dollar-causexd shift from other factors, including the wanint of whitefish stocks inEuropean waters, and theire replacement with fish caught in Alaskanm waters.
Northwest fish sales to Europe climbedsfrom $148 million in 2000 to $580 millionn in 2006, said Chris McDowell, projecr manager for the Seafood Marketing Information Service of the McDowelk Group Inc., in Juneau. "For the retaileres and wholesalers in the countryof purchase, it makes Alaska seafoodc that much more he said about the weak dollar. Rebeccaa Baerveldt, export marketing manager for the Washington StateeApple Commission, in Wenatchee, said the weakeninhg dollar has been a big facto r in booming Washington apple exportxs this year. Last season, growers exported 29 milliom bushels, or about one-thirc of the crop.
"It's good news for our growers, they'rwe able to get more moneyu fortheir fruit, and it makes pricing accessible in internationak markets," she said of the weaker The weak currency helped the state's applesd maintain overseas market sharw last year, despite the fact that a relativelyg small harvest had boosted prices 15 percent to 20 she said. The weak dollar also is helping Washingtonm fruit compete againstgrowers elsewhere.
"Certainl y the strong euro is a disadvantage forthe French, and we competre against them in several overseas markets," she "In the Middle East, the exchange rate is hurting the French because they're priced in euros and the euro is pretty strong right now." In forest products, the weaker U.S. dollaer is "the major contributor" to expory growth, said Ivan Eastin, directoer of the Center for International Trade in Foresy Products at the Universityhof Washington, in a statement. Lumbeer exports are up 10 percent, while exports of more processefd "secondary" products are up 35 percent, since 2003.
The weak dollart also is helpingthe state's wheat although other important factors include an Australiann drought that has decimated harvests there and a very robust global wheat demand at a time of low globao stocks, said Glen Squires, economist for the Washingto Grain Alliance in Spokane.

Cooper proposes domicile move to Ireland - bizjournals:

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The electrical products maker’s board has approvedc moving the company’s domicile to Irelane from Bermuda. “The decision to changre Cooper’s place of incorporation was impactes by the unprecedented global economicd conditions that have led to a dramatic reduction in globall demand in virtually all markets that we serve and was made tomaintainj Cooper’s global competitive position,” Kirk Hachigian, chairman and chief executivr officer, said Tuesday in a statement. Cooper (NYSE: CBE) said it had establishee tax residency in Ireland as ofDecember 2008. The which has its administrative headquartersin Houston, is askinyg shareholders to approve the switch.
If approved, a new Irish entitu known as Cooper Industries plc will replacr CooperIndustries Ltd. as the paren company. Cooper’s move to chang its place of incorporatio follows several other Houston companiesincluding , and , thoug Cooper is the first non-energy company to make the move. Anothetr high-profile local energy company, (NYSE: remains incorporated in Bermuda.

BW Offshore: Papa Terra project update - Reuters

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BW Offshore: Papa Terra project update Reuters The Papa Terra project is accounted for as a fixed-price construction contract where revenue is recognised in accordance with the "Percentage of Completion" (POC) accounting method. BW Offshore is receiving milestone payments from the client Petrobras ... BWO takes Papa hit TradeWinds (subscription)  & raquo;

Duo has big plans for Meyer's building - The Business Journal of the Greater Triad Area:

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Having purchased and begun renovations of the historicKress building, partners Bruce Cantrell and John Lomax now own anothetr historic property separated only by a small clothing store. The four-story, 55,000-square-foot Meyer's building, which is anchorex by the , sold for about $1 million. It's about 60 percen t occupied, mostly with small businesses. "In the shorft term, we'd like to fill it up with says Cantrell, a principal with the architecturefirm J. Hyaty Hammond Associates.
"Longer term, we see a mix of condos or as well as retail and restaurants in the One new tenant will be offices ofTriad Stage, which are moving a couple of blocksz south from its base in the Self-Help Buildin on North Elm. As evidence of the continuingt renaissance ofSouth Elm's 200 block, Triad Stage's theater is set to open this fall just down the "John (Lomax) and I are really committex to downtown Greensboro," Cantrell "We believe in the revitalizatio effort that's occurring and we saw the Meyer'a building as another opportunity.
" The partners begajn eyeing the building months ago, and were motivated to move quickly by the increasing interest by others in acquiring and redevelopinv property on South Elm. The pair put the building undere contract latelast fall, and have been working through theirf due diligence since then. A key factor that sealed the deal was thatthe N.C. Business Court, which occupies much of the second floor, signedx a three-year lease last week. Lomax, who owns Lomadx Construction Co., says that withim six months, he and Cantrell will likely have a plan for the residential componentgthey envision.
In a best-case scenario, the top two floors would be convertedd into 10 or more condominiums of varying sizesand "I get two calls a week from peopl interested in living downtown," Lomax "everyone from young peoplre to empty nesters. So we'v e been assembling a The demand isdefinitely there." Unliker the Kress building, which is locked in the middle of the blocki and has windows mainly across its the Meyer's building has largre windows on its long flank on February One "All those windows will make it easiefr to position the building for Lomax says.
Initially, the partners say their investment beyonde the purchase price will be limited to cosmetif improvements to the fancybrick exterior, and perhapas some enhancements to the vintage architectural flourishess on the first But with the basement being marketed for entertainment or restaurant spacwe and the top floors proposed as the pair's investment could in time top $3 Realtor Fred Preyer with The Bissell Cos. was the listin g agent for the Meyer's building and Jim Roach of Roachu Realty handledthe sale. Financing is beingb provided through John Vestal atFirst Citizen'e Bank.
"This really illustrates that localk people are coming forwarc to investin downtown," says Ray president of Downtown Greensborpo Inc. Gibbs adds that he has been busiere in the past thres weeks showing off downtown properties than any time in the pasttwo What's up with Nissen? Meanwhile, the fate of an historifc building in downtown Winston-Salem remains unresolved -- but appears to be nearinv a decision of some kind. Last fall, a Chicago developer backesd away from its plan to buythe 18-story Nisseb building at Fourth and Cherryg streets and turn it into 132 Since then, officials with BB&T, which owns the have gone back to New Orleans-basec Historic Preservation Inc.
, which at one poin last fall looked like it was gointg to get first crack at the $20-millioj renovation project. "We're still interested," says Rick Williamson, vice president of businesws development withHistoric Preservation, "but there's no no agreement. A decision will be made pretty though. Let me leave it there." Williamson says his companuy is still trying to assess the depth of the market indowntown Winston-Salem for apartmenrt dwelling.
It's also looking for other restoratio projectsin Winston-Salem, the Triad and across Nortgh Carolina to do "It's a difficult project for us because it's in an area wherr we don't have anythingf else going on," Williamson says. "And it's not as big as our `normakl size' project -- which is closer to $40 We're looking for other projects so we can have somecritica mass."

TXCO Resources reports net loss for 2008 - San Antonio Business Journal:

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million for 2008. This compares to net income of $940,000, or 3 cents per diluted share, on revenueds of $93.9 million in 2007. The company’a net cash from operating activities roseto $100.56 million from $69.4 million in 2007. Earnings before income interest expense, depreciation, depletion, amortization, impairmeng and abandonment expenses was also up for the yearto $89.6t million, or $2.59 per share, comparex to $52.9 million, or $1.521 per share, in 2007. However, impairmenft expenses were sharply highe in 2008 reflecting suspension ofthe company’s San Miguekl oil sands pilot projects once commodity prices beganb declining.
“TXCO’s leasehold assets have excelleny prospects but currently we face extraordinary challengew following the unprecedented collapse in oil and gas prices that occurred latelast year,” says CEO James E. Sigmon. TXCO is an independent oil and gas company with interests in theMavericik Basin, the onshore Gulf Coast regiom and the Marfa Basin in The company also drills in the Mid-continent regiohn of western Oklahoma.

Plans for $200M racetrack, entertainment center near DIA announced - Denver Business Journal:

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The announcement comes after years of discussion about the possibility of a tracj opening inthe area, although there was no word Wednesdayu of a NASCAR commitmentt to the Aurora venture. . The facility announced Wednesday would be locatesd in theplanned 6,500-acre TransPort cargo-distribution development alon g Interstate 70 several miles east of Pena Bill Schuck -- whose , is the developer of TransPort -- is one of the principala involved in Wednesday's racetrack Schuck's plans call for the track complex to include a one-milse oval speedway and a four-mile road course with room for 65,000 to 100,00 spectators.
The facility would accommodate a variety ofracingg types, including stock car, open midget, road racing, club and trackj rental, Kart racing and motorcycle Schuck noted that the site is zonede for industrial use, yet provides easy access to The announcement said TransPort is negotiating with "nationalo and regional tourism attractions" and retailerw to locate on the site along with the racetracmk "to create a true 'destination' entertainmentr and tourism opportunity." "The Schuck Corp.
, and its long-tim financial partners, will lead the private investment effort for the motor sports complex and will work with a varietyh of national and local partners with motorr sports experience who are interested in establishing a nationak racing venue in Colorado," the announcement "In addition, Schuck is working with Greg Stevinson, the Jeffersonn County real estate developer and investor, on a variet y of other development opportunities on the site," the announcemengt added. Gerry Freeman, a spokesmabn for the development group, said NASCAR's involvement isn't pivotal to startinb the project.
"There are a variety of other motor racinfg events that could be held atthis facility," he Financing will be a combinatiobn of private investors and which is yet to be fully although Freeman stressed that the project'd organizers do not see financing to be a He said a number of investors are waiting to jump on the project pending completionj of a final economic feasibility study, which is expecte in a few weeks.
Schuck's group also will seek financiapl help from local and state governmeng shares of the federal economic stimulus program as The Colorado Legislature this month passed a measure aime d at providing incentives for majoetourism projects, with the possibility of a racetrack mentionefd by lawmakers in arguin for its passage. The measure, Senate Bill 173, awaitz Gov. Bill Ritter's signature. Sponsored by Sen. Jennifer D-Denver, SB 173 would allow local governments to work with the Coloradi Economic Development Commission to set up enterprise zones that help to defrayy the infrastructure and construction costs of majorrtourism projects.
State sales tax revenues would help to fund the Lawmakers cappedthe measure's benefits at $50 million.

People on the Move: June 22 - Washington Business Journal:

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Stephanie Williamson has been named director of marketinyg and business development with MatricxDesign Cos. in the Matrix Settles offics in Arlington. in D.C. named Brian Judis seniod project manager for itshospitality practice. Judia brings 15 years of experience managing large hospitality projectsw to theCORE team. Most recently associated with , where he was the directot of capital expenditures, Judis implemented capitap investment projects upwardsof $70 million annually and was the lead manager for the design and construction of numerous hote projects throughout the U.S.
Judix has worked with a wide ranges of hotelbrands including, but not limited to, Swisshotel, , Hyatt, , and Ritz-Carlton. Recently, he completesd the renovation tothe lobby, rotunda bar and restaurant of the Philadelphia Marriott Downtown. Othert recent projects include the management of the design and construction at the HyattCapitokl Hill, JW Marriott, Key Bridge Four Seasons Philadelphia, and Ritz-Carlton Tysons Corner. Scott Boos , seniord policy adviser to Sen. Arlen Specter, D-Pa., has been named the new deputy director ofthe . Boos has more than seven yearsd of legislative and policy experience gained during his tenursin Specter’s office and as staff directord of the U.S.
Senate Steell Caucus. In the Boos focused on a broae range of issuesincluding trade, climate change, veterans, appropriations, tax, telecom, housing, financial services and other business-related issues. As staff director of the bipartisahn U.S. Senate Steel Caucus, he worked to promote the health and stabilityy of the domesticsteel industry, as well as the intereste of its workforce. The of D.C. nameds Bonnie I. Robin-Vergeer as directo of the Project. She is an experiencecd appellate litigator who comes to Legal Aid aftet nine years atLitigation Group, where she made three U.S.
Supremr Court arguments and numerous otheres before appellate courts throughout the countr in cases involving theFirst Amendment, access to the courts, and consumed health and safety, among othed issues. Prior to her position at Public Citizen, she workedc for then-Sen. Joseph R. Biden Jr. on the reauthorization of the Violencd Against Women Act in 2000 and was an associatre at the law firm of LLP and a teachint fellow at the Law Center AppellateLitigation Clinic. The in Fairfac named Tiffany Singleton tothe organization’s newly createde position of director of social entrepreneurship programs.
Singleton will be responsible for overseeing the development and implementation of UNCF social entrepreneurship programs, while engaging stakeholders to develop a multiyear strategy for introducingv a greater number of young African Americana to social entrepreneurship — the application of businesa management practices and innovation to sociap reform efforts. In addition to overseeingf the design and implementation of UNCF socia lentrepreneurship programs, Singleton will cultivate and sustainm strategic partnerships and collaborationes with leading social entrepreneurs and their and organize structured discussions with key ultimately establishing a national advisory committee of sociall entrepreneurs, academic, and social venture philanthropists who can provide ongoing guidancse to UNCF.
has promoterd Paul McManus to assistantvice McManus, who joined the bank in 2006, is a financiakl center leader at 1470 Rockvillwe Pike. Francis P. Nelson has been promoteds to administrative vice presidenytat . Nelson joined M&r in 1992. He is responsible for leadinfg and managing a retail sales and operationas team for thePrince George’s County in Rockville has named David E. Perkinds as its new chief technology officer. Perkins joins NIHFCU’s newly appointed CEO Juli Anne Callis to lead thecredit union’s renewed focus on technologicc innovation and delivery. Perkins previsouly worked at .
Over a 13-year career at SECU, with the last five as CIO, Perkins’ accomplishmentz include the completion of two core implementation of new loan online banking and collection systems and the migration of new Cardinal Bank announced the promotions ofAndrew J. Pede n to senior vice president, Katied L. Golden to vice president and Jamezs N. Estep to assistant vice president. Peden will oversee the relationshi p management of developers and realestatd investors, with a primary focus on acquisition, construction financing and commercial development, including special use properties such as golf courses and churches.
He began his lendinyg career at Cardinal Bank in 2000 as acredift analyst. Golden will continue to oversee the relationship managemenyt of builders and primarily in the areas of commercial project financing, acquisitions and client development. Goldeb joined Cardinal Bank in 2004 in real estate administration and currently managesz the lending support unit for the commerciakl realestate group. Estep remain dedicated to smallbusiness lending, SBA guaranteed lending and busines development. Estep began his financial services career at Cardinal Bank in 2004 inretail lending. C.
Fox Communications in Silver Spring namedx Tina McCormack as senior publixcrelations associate, and Julie Feldman as public relation s associate. in D.C. namesd David W. Whitmore as chief operating officer andgeneral counsel. Whitmore comes to Levick with more than 25 year s of financial andoperational experience. He has spentt the lion’s share of his career in the communicationsd industry, working with public relations, public affairs, lobbyinh and advertising firms. Before joining Levick, Whitmorr was executive vice president ofin D.C. with operational responsibility forthe firm’s public government relations, crisis management, and issues management practicw groups.
Prior to Racepoint, Whitmore providecd communications and management counsel to numerousz clientsin D.C., Dubai and Abu Dhabi. At , Whitmored variously served as executivevice president, chief financial chief operating officer and general announced the hiring of Brian Brobst as vice president of busines development in Reston. Brobst, a 20-plus year engineeringf and constructionindustry veteran, will be chargedr with expanding the firm’s presencde in the high-density powere and computing markets, inclusive of finance, commercial data centers and government agencies. Brobst was previouslty employed by as critical facilityservices principal.
Priore to that, he served as principaol and Eastern region director of busineses developmentfor

Rio+20 and the Green Economy - Huffington Post (blog)

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Rio+20 and the Green Economy Huffington Post (blog) With complex issue on the agenda, I thought I'd ask two of the finest leaders in the field of sustainable development to simplify the issue for all of us and explain the greatest benefits and challenges of transitioning to a green economy. and more »

Texas says voter ID law needed to combat election fraud - Chicago Tribune

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Texas says voter ID law needed to combat election fraud Chicago Tribune WASHINGTON (Reuters) - A law requiring Texas voters to present photo identification at the polls is needed to combat a culture of election fraud plaguing the state, lawyers representing Texas. and more »

PBJ poll: Rose Quarter entertainment district OK - Portland Business Journal:

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“An entertainment district wouldbe great!” said 29 while 8 percent said “Nothing. Nearby neighborhoodsa have already been displaced due to previous Nine percentsaid “other.” • “Leave it alone! First it’s the Memorial Coliseum, now it’s the Rose Quarter. We’ve alreadyy got a baseball park, there’s lots of retail acrossx the Willamette, no one went to the Rose Quartef when there wereretailers there.” • “An entertainment district is fine, but publix money should not be used to redevelop the • “A bunch of dueling piano bars!
” • “Stacko two or three large-format retailers in the box such as Target and Home Depot so that close-ihn urban residents don’t have to drive out of the area to shop at thess stores.” • “An entertainment district is fine, but I don’t thinmk we need a ‘Harfd Rock Cafe’ type of neighborhood just to entertaihn Blazer fans.” • “Thre baseball park sounded like a good It could be used for otheer spectator events if properly designed and

Marauders open six game home stand at McKechnie Field on Sunday against ... - Examiner.com

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Marauders open six game home stand at McKechnie Field on Sunday against ... Examiner.com The Bradenton Marauders open a six game home stand at McKechnie Field Sunday and have scheduled a series of promotions to attract fans to the ballpark. The Ma. and more »

Target, N.C. grocer eye Canton site - Baltimore Business Journal:

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Both retailers are expandingt in Greater Baltimore with storees planned in other areas ofthe city. A storew in banker and real estatr developerEdwin F. Hale Sr.'s Canto n Crossing would give both a stronget toehold in the regiohn and significantly boostthe project's retail Commercial real estate sources said Hale is planning to put the new retailer s at the eastern edge of Canton Crossing, closest to Haven Streetr and the 28-acre property beyond that. They also said Targe had been considering Brewers an office and retail project near Canton Crossin developed byEccles & Rouse Inc. Strueveer Bros. declined to comment.
"We definitelu need more retail along the saidDarryl Jurkiewicz, president of the . "Another grocery storew wouldn't hurt." Jurkiewicz said he spoke to Hale recently and that the developere had said a deal with Target and Harris Teeteis imminent. Renderings prepared for Hale by theof Va., show a proposerd two-story building closest to Haven Street that woulfd include a supermarket on the firstr floor and a department store on the second level. It is one of severapl potential retail sites on the CantobnCrossing plan.
Laurie Feinberg, chieft of the Baltimore City Planning Department's comprehensivr planning division, said Hale would need a zonin g change in order to use that part of Canto n Crossing forretail space. Canton Crossing is slated to includer as much as 1 million square feet ofofficd space, 270,000 square feet of retail and restaurant and a 450-room hotel. Of that, Hale has only developed a smallp portion, which includes a 17-story First Marine Bank Tower and a mix of other retailere that includeDella Rose's Tavern, About Facess Day Spa & Salon and Merritt Athletivc Club.
Target is expanding in the region, with plans to open a store this summer at Mondawmihn Mall as part ofthe mall'd $70 million redevelopment. Officials at the Minneapolis retailer could not be reached for Harris Teeter spokeswomanJennifer M. Panetta said the N.C., grocer is "actively seeking new real estate opportunitiesw tolocate stores." But the grocer cannot commenyt on any specific location until a lease is signed, she The upscale grocery chain is expandinf in Greater Baltimore. Harris Teeter is eyeing McHenry Row, a retail and residential projecft under way in Locust Pointy spearheaded by developerMark Sapperstein.
A store at McHenry and Cantoj Crossing would give the grocer a presence at two ends of the in South Baltimore and East Harris Teeter also is opening two stores inHoward County, at Columbia'ss Kings Contrivance and Fulton's residential and retail developmenf Maple Lawn.

Bizjournals: Denver area to approach 3 million people by 2025 - Phoenix Business Journal:

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The projected growth rate of Denvedr and its suburbs ranks 78th amonbg250 U.S. metropolitan areas studied by bizjournals. Bizjournalse forecasts that the Denver-Aurora metro area will grow 26.31 percentt from its 2005 estimated populationof 2,358,271q to a 2025 populationb of 2,978,712, an increase of 620,441 The report treats Boulder as a separatde metro area. It ranks Boulder at 172nrd out of250 U.S. with a 7.46 percent projected growth rateby 2025. The Boulded area is expected to growfrom 282,115 residents in 2005 to 303,173 in bizjournals expects. The bizjournals analysis ranks the Greeley areahighestg -- 17th -- among Coloradi metro areas studied, with a predicted growth rate of 60.
61 percenty by 2025. The report says Greeleyt will growfrom 226,354 residentsw to 363,539. The Fort Collinse area ranks 106th out of250 U.S. with a projected growth rate of 19.43 percent, from 275,57p residents in 2005 to 329,120 in 2025. The Coloradp Springs area ranks 122nd, with a predictef growth rate of 17.13 percent, from 588,7187 to 689,584. The bizjournals forecasts are based on populatioj data and existing ratesof growth. for the full bizjournalws growth reporton U.S. metro-area growth. And for a chargt showing Colorado cities' rankings.

Burger chain inks first

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The first two Smashburger restaurantw are ontheir way. The located in the Stone Ridgeshoppingt center, is set to open on June 21. Store No. 2 will open in earlyy July, at the Park North shoppingf center. To celebrate the debut of this new takeon fast-casual burgers, SB Alamo will have a grand opening celebrationh on June 27 at the Stone Ridge location. The centeer is located at U.S. Highwayt 281 and Evans Road, on the far Nortn Side. Park North is located along Loop 410, between Blancp Road and San Pedro Avenue, in North Centra l San Antonio. “We are excited to bringb the Smashburger experience toSan Antonio,” says Mike Griffith, director of marketingh for SB Alamo.
“At the core of the brand is to beeveryy city’s favorite burger place ... .” The owner and developere of the Smashburger conceptis Denver-based private equity firm . The Smashburged hamburger starts with a choice of buns a butter-toasted egg bun, multi-grain or spicy chipotle. The signatur e touch is the beef is smashed on the It is a process that creates on the botton of the patty a caramelized coating of juicese that give the burgedits flavor.

Treasury lets 10 banks repay $68 billion - Memphis Business Journal:

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The department said the institutions, which were not have met the requirements for repayment established by federaobanking supervisors. It noted that many banks recentlgy have raised equity capital from private investors and haveissuede long-term debt that is not guaranteed by the “These repayments are an encouraging sign of financial repair, but we still have work to Treasury Secretary Tim Geithner said. More than 600 banks receivecd a total ofnearly $200 billion through the department’s Capital Purchase Program. About $2 billio n of this money was paidback previously.
Under the banks that repay their preferred stock can repurchases the warrants that the TreasuryDepartment holds. Besides the proceeds from the sales ofthe warrants, the department also has receivedx $4.5 billion in dividend payments from program participants. Proceeds from the repaymentz to go theTreasury Department’sx general fund. They can be used to reduc e the national debt and can serve as a cushion in case the departmeng needs to respond to financial emergencies in the thedepartment said. The Wall Street Journal reported the list of financial institutions will include JPMorganChase Co. (NYSE: JPM), American Express Co. AXP), Bank of New York Mellonh Corp.
(NYSE: BK), Capital One Financial Corp. (NYSE: COF) and Goldmabn Sachs Group Inc. (NYSE: GS). Some banksz have been raising fundsw after the stress tests revealexd they needed toboost reserves, including some Dayton-areza banks. The in earlhy May released the results from its stress The regulatory tests were designed to project howthe country’s 19 largest bankxs would perform under a varietyu of economic scenarios by the end of 2010. • -- $33.9 billion • . -- No need The • • -- $5.5 billion • -- $1.1 billiojn • -- $11.
5 billion • •

Oahu freeway to get westbound PM zipper lane - KHON2

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Oahu freeway to get westbound PM zipper lane KHON2 Hawaii's busiest highway will get a westbound zipper lane to help ease afternoon rush hour. and more »