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Art Weiss, former executiv vice president forwealthh management, launched to revive a tax credit business he started at Allegiant. The new companh will match investors seeking federalk historic tax creditsunder $1 million with developersz using credits to finance projects. His move comes withinj days of the expiration ofhis no-compete agreement with National City Bank, which boughrt Allegiant last year. The ink's drying on a one-year contract that namesa the exclusive listing agent for the 25 unsold condods remainingat 's .
The deal came abouf as a result of a businessx relationship betweenMarian Nunn, THF's chief operating officer, and Diane Davis, a former executivee with who joined Bakewell in March as vice presideny and chief operating The condos, which range in size from 2,00 0 square feet to 5,600 square feet and in price from $910,00o to $2.65 million, have a total listinf value of about $35 million. Actof Paul Newman will take the stage withthe ( ) durinv its performance at Carnegie Hall in New York City Apriol 16. Newman has been tapped to delived the narrative portion ofthe evening's program. More than 100 SLSO supporterwsfrom St.
Louis will be in attendance, includint major donors Jack and Susan Andy andBarbara Taylor, and Jo Ann Taylotr Kindle; as well as Cindh Brinkley, president of and current SLSO The President Donna Wilkinson, SLSO board member; formed SLSO Chairman Virginia Weldon; and Randyg Adams, its president and chief executive. The just opened its redesignedf cafe, named in honor of the sassafras grove locatedx nearthe Garden's .
The remode l includes upholstered banquettes, botanical a skylight and elements such as tabletops and divide walls made of recycled and environmentally friendly did thedesign work, and handled the The project cost several hundrer thousand dollars to complete, said Peggy director of communications. Veteran St. Louis broadcaster Jay Randolphg Sr. is the host of "Jay's a handicapping television showat racetrack. Randolp h gives his picks for the day's actioj and recommendations forracing fans. The show originatess from the Fairmount paddock and is seen on monitors at the facilit as well as simulcast to racetracks acrosthe country.
For years, Randolph handlexd sports for KSDK-TV and also did play-by-playg for baseball.
Sunday, December 30, 2012
Saturday, December 29, 2012
Marketing Maven Public Relations Names Mari Escamilla Employee of the Quarter - San Francisco Chronicle (press release)
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San Francisco Chronicle (press release) | Marketing Maven Public Relations Names Mari Escamilla Employee of the Quarter San Francisco Chronicle (press release) Account Executive and Hispanic Media Manager Mari Escamilla has been selected as the Marketing Maven Public Relations 2012 Q4 Employee of the Quarter for her commitment to meeting and exceeding company and c lient goals. Escamilla truly embodies ... |
Friday, December 28, 2012
Rite Aid nixes Baltimore convention - Baltimore Business Journal:
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Rite Aid, which lost $2.9 billiojn in its latest fiscal year and is shutteringt distribution centers as it grapples with the is one of many big companies pulling out of conference planss andconventions nationwide. And such cancellations are hurtin what hospitality expertscall “destination at a time when the industry is alread struggling with the economic downturn. The nationalp drugstore chain, based in Camp Pa.
, had been one of Baltimore’as biggest conventions in recent years, bringing 6,000 peoplre to town and pumping $6 million from directy spending into the city in 2008 and morethan $7 million the year The company had originally booked 14,50 0 hotel room nights for its nine-day expo in but had to scrap the convention because of financialo pressures. The company reported fourtgh quarter revenue for fiscap 2009of $6.7 billion. “The decision stems from the economidc times,” said Ashley a Rite Aid spokeswoman.
“We felt it was necessary and similad to what other companies need to make as a Flower said the company is in discussions to reschedulse its management conference and but no definite decision has beenmade yet. Officialas declined to say when or wherew the next expo wouldtake place. “We can’g book these things overnight,” Flower said. The Baltimorr Area Convention and Visitors Association is on the hunt for new vendorzs and conferences forthe Aug. 10-19 time slot, officials said. But for hotels and restaurants inthe area, Rite Aid’a cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head concierge at .
The occupancty drop could reducethe hotel’s work concierge employees have already had theirt hours reduced to two days a week, she “It was one of the biggest [conventions]; that conference usually fills most of the city’s hotels,” O’Horabn said. Nationally, the exhibitio n industry — conventions, conferences and expo — saw an 11.6 percen t decline in attendance, shows and revenue in the first threse months ofthe year, according to the Centedr for Exhibition Industry Research. Revenue alone from conventionsdropped 19.7 percent in the firs quarter compared with the same perioxd in 2008.
Other corporations cutting back on conference s include Microsoft and which have recently canceled conferences slated for Seattleand Atlanta, respectively. The Rite Aid because it spansnine days, also enabled the 6,000 attendeed to get around the city and dine at restaurantws more frequently, restaurateurs said. That lost foot traffic will eat intorestauran sales, they said. “Oh, bummer,” said Martha Lucius, owner of Bohéme Cafe downtown. “When we lose a we lose a lot.
” Erik Miller, conciergse for , said the cancellation not only causee major vacancies for InnerHarbor hotels, but also for hotele around Baltimore/Washington International Thurgood Marshall will also take a hit. Rite Aid staged tentds and rented theentire 170,000-square-fooyt Inner Harbor museum for a party durinh its last two conventions in Baltimore. More than 3,000p people attended each event, said Chriz Cropper, the science center’sw senior director of marketing. “It was one of the biggeer rental events that we have at theScience Center,” he said.
“Obviously not to have that businesz this year will have some kind of impact on Cropper could not pinpoint how much total revenude would be lost fromthe cancellation. The eventf forced the attraction to close earlier to the publi c on the day itwas held, Cropper said, and officials hope to recovedr some of the lost income by being open for the entirs day this year.
Rite Aid, which lost $2.9 billiojn in its latest fiscal year and is shutteringt distribution centers as it grapples with the is one of many big companies pulling out of conference planss andconventions nationwide. And such cancellations are hurtin what hospitality expertscall “destination at a time when the industry is alread struggling with the economic downturn. The nationalp drugstore chain, based in Camp Pa.
, had been one of Baltimore’as biggest conventions in recent years, bringing 6,000 peoplre to town and pumping $6 million from directy spending into the city in 2008 and morethan $7 million the year The company had originally booked 14,50 0 hotel room nights for its nine-day expo in but had to scrap the convention because of financialo pressures. The company reported fourtgh quarter revenue for fiscap 2009of $6.7 billion. “The decision stems from the economidc times,” said Ashley a Rite Aid spokeswoman.
“We felt it was necessary and similad to what other companies need to make as a Flower said the company is in discussions to reschedulse its management conference and but no definite decision has beenmade yet. Officialas declined to say when or wherew the next expo wouldtake place. “We can’g book these things overnight,” Flower said. The Baltimorr Area Convention and Visitors Association is on the hunt for new vendorzs and conferences forthe Aug. 10-19 time slot, officials said. But for hotels and restaurants inthe area, Rite Aid’a cancellation stings. “That just took a big hunk out of our saidDee O’Horan, head concierge at .
The occupancty drop could reducethe hotel’s work concierge employees have already had theirt hours reduced to two days a week, she “It was one of the biggest [conventions]; that conference usually fills most of the city’s hotels,” O’Horabn said. Nationally, the exhibitio n industry — conventions, conferences and expo — saw an 11.6 percen t decline in attendance, shows and revenue in the first threse months ofthe year, according to the Centedr for Exhibition Industry Research. Revenue alone from conventionsdropped 19.7 percent in the firs quarter compared with the same perioxd in 2008.
Other corporations cutting back on conference s include Microsoft and which have recently canceled conferences slated for Seattleand Atlanta, respectively. The Rite Aid because it spansnine days, also enabled the 6,000 attendeed to get around the city and dine at restaurantws more frequently, restaurateurs said. That lost foot traffic will eat intorestauran sales, they said. “Oh, bummer,” said Martha Lucius, owner of Bohéme Cafe downtown. “When we lose a we lose a lot.
” Erik Miller, conciergse for , said the cancellation not only causee major vacancies for InnerHarbor hotels, but also for hotele around Baltimore/Washington International Thurgood Marshall will also take a hit. Rite Aid staged tentds and rented theentire 170,000-square-fooyt Inner Harbor museum for a party durinh its last two conventions in Baltimore. More than 3,000p people attended each event, said Chriz Cropper, the science center’sw senior director of marketing. “It was one of the biggeer rental events that we have at theScience Center,” he said.
“Obviously not to have that businesz this year will have some kind of impact on Cropper could not pinpoint how much total revenude would be lost fromthe cancellation. The eventf forced the attraction to close earlier to the publi c on the day itwas held, Cropper said, and officials hope to recovedr some of the lost income by being open for the entirs day this year.
Wednesday, December 26, 2012
Israel to build 942 more homes in occupied East Jerusalem - gulfnews.com
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Irish Times | Israel to build 942 more homes in occupied East Jerusalem gulfnews.com Occupied Jerusalem: Israel has advanced the process of building 942 more colony homes in occupied East Jerusalem under a new fast-track plan to tighten its grip on the territory, which the Palestinians claim as the capital of a future state. A ... The Rule of Illegal Law in Israel: Another Upcoming Eviction in East Jerusalem In Another Direct Message Against Peace; Israel Approves 942 Settlement Units 'Israel approves 1200 Jerusalem settler units' |
Tuesday, December 25, 2012
Truly Last-Minute Holiday Shopping Options for Deal Hunters – Or the Merely ... - TIME
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Truly Last-Minute Holiday Shopping Options for Deal Hunters â€" Or the Merely ... TIME Don't feel down that it's December 24 and you still have shopping to do. There are plenty of quick and easy options to considerâ€"and you may even be rewarded for waiting so long. Besides, you're hardly alone if you're shopping at the last minute. Some ... |
Medical Students Shunning Primary Care to Worsen Doctor Shortage San Francisco Chronicle 4 (Bloomberg) -- More than three-quarters of U.S. medical students continue to shun primary care for higher-paying specialties, setting the stage for a shortage of doctors as the population ages and health care expands, a study found. Among medical ... |
ABC News | AP Exclusive: China Nobel Wife Speaks on Detention ABC News AP Exclusive: China Nobel Wife Speaks on Detention. By By ISOLDA MORILLO and ALEXA OLESEN Associated Press. BEIJING December 6, 2012 (AP). Stunned that reporters were able to visit her, Liu Xia trembled uncontrollably and cried as she described ... AP Exclusive: Detained China No bel wife speaks AP Exclusive: China Nobel winner's wife c » |
Sunday, December 2, 2012
Conference Board: 43% of Internet users now in social networks - Silicon Valley / San Jose Business Journal:
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Of Web users, 43 percent use a sociak networkingweb site, up from 27 percentt last year, the nonprofit global researcyh group said. in its quarterl Consumer Internet Barometer. The most popular site is used by 78 percent of social network followed byMySpace (42 LinkedIn (17 percent) and (10 The survey tracks abouty 10,000 Internet-equipped households nationwide. It said seniords age 55 and older are quicklyu increasing their use of social up from 6 percent last year to 19 percenttthis year. Women are more likely than men touse social-networik sites (48 percent versuz 38 percent).
The majority of useras log on at home, The Conference Board with a quarter logging on at and 10 percent connecting throughtheid phone. More than half say they log on at least oncea day. ""Online social networks are more than just a fad amongg theyounger generation," Lynn Franco, directotr of The Conference Board Consumetr Research Center, said in a statemengt Tuesday. "They've become an integrak part of our personal andprofessional They’re an effective way to keep in touchj with people, connect with friendas and family, and network with "Social media will also transform marketing as we know it.
They’rre powerful communication tools, and are becoming an essentialo part of successfulmarketing strategies." The surveg said Facebook is equally popular among men and while women are more likely than men (47 percent versus 35 to use MySpace and more men than women (21 perceny versus 15 percent) use Users of the micro-blogging site Twitter say theifr top reasons for "tweeting" are to connect with friendsa (42 percent), update their status (29 percent), look for news (26 and for work-related reasons (22 percent).
Of Web users, 43 percent use a sociak networkingweb site, up from 27 percentt last year, the nonprofit global researcyh group said. in its quarterl Consumer Internet Barometer. The most popular site is used by 78 percent of social network followed byMySpace (42 LinkedIn (17 percent) and (10 The survey tracks abouty 10,000 Internet-equipped households nationwide. It said seniords age 55 and older are quicklyu increasing their use of social up from 6 percent last year to 19 percenttthis year. Women are more likely than men touse social-networik sites (48 percent versuz 38 percent).
The majority of useras log on at home, The Conference Board with a quarter logging on at and 10 percent connecting throughtheid phone. More than half say they log on at least oncea day. ""Online social networks are more than just a fad amongg theyounger generation," Lynn Franco, directotr of The Conference Board Consumetr Research Center, said in a statemengt Tuesday. "They've become an integrak part of our personal andprofessional They’re an effective way to keep in touchj with people, connect with friendas and family, and network with "Social media will also transform marketing as we know it.
They’rre powerful communication tools, and are becoming an essentialo part of successfulmarketing strategies." The surveg said Facebook is equally popular among men and while women are more likely than men (47 percent versus 35 to use MySpace and more men than women (21 perceny versus 15 percent) use Users of the micro-blogging site Twitter say theifr top reasons for "tweeting" are to connect with friendsa (42 percent), update their status (29 percent), look for news (26 and for work-related reasons (22 percent).
Saturday, December 1, 2012
SEE: Salma Hayek stuns in floor-length pink on the red carpet at Acapulco ... - New York Daily News
hydiuco.blogspot.com
Daily Mail | SEE: Salma Hayek stuns in floor-length pink on the red carpet at Acapulco ... New York Daily News Flashbulbs sparkled as the superstar actress appeared before the crowds in a floor-length pink dress with a floral embellishment around her waist. The 46-year-old flaunted the womanly curves that have captivated men the world over. The strapless dress ... Salma Hayek squeezes into skin-tight pink gown as she walks the red carpet at ... |
Friday, November 30, 2012
Ad vet puts brand on social networking - Boston Business Journal:
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The fast growth of social networking sitea has added to their appealamongy marketers; industry experts say the sitess hold great potential as an advertising medium that engagesx consumers by getting them to evangelize variouas brands. Indeed, advertising spending in the United Statea on social networks willhit $1.6 billion in 2008, up from $920 million in 2007, accordiny to Facebook alone has 59 million active usersz who spend an average of 20 minutess on the site each day, accordinyg to in Reston, Va., whicu tracks consumer behavior. In addition to Facebook, sitezs like , , and are also growing in popularity.
is developing OpenSocial, which will allowa for social applications to be transferable to manydifferenty sites, a feature that should expandd the reach of advertisers who develop branded "The biggest vision for us is to help brandsa tackle and be effective marketers in using socialo networking," said Tedford. "It'se a delicate balance for brands to add valure to the user experience versus just tryingto market." Branc Networks has been in stealth mode sincd its launch in August and has workedx on programs for such clients as , and 's, amonbg others. To date, Tedfordr has bootstrapped the firm, which is currentlyh cash-flow positive. He would not disclose revenue.
Branc Networks uses two products to findbrans loyalists. The first is its Brand Nets softwarew that enables companies to builsd theirown private-label social networking siteas to enlist loyal customers and encourage word-of-mouth buzz for products and The other product is "tokns," which Tedforf hopes will become a universal social networking currencty that can be exchanged for rewardss such as discounts or product not unlike frequent flier The idea behind tokns, which are currently attached to a branded Facebook gift from Puma, is to rewarc brand engagement. "Everything we're doingg today allows brands to recruit, engagde and reward their said Tedford, 38.
"We want to be on the forefront of brandxinvading Facebook." Tedford, who left Boston-basedf Arnold a year ago, has spenft the majority of his career working on the non-traditional side of At Arnold he was senioe vice president of media and marketing innovatio n for six years. He is a foundint member the and helaunched Arnold'ws ongoing relationship with word-of-mouth company "If there's any guy who understandss word-of-mouth and the behavior of consumers, it's Jamie," said Dave founder and CEO of BzzAgent in Boston. "Hd helped define how Arnold would integratwethis word-of-mouth platform into other promotional offerings.
He really helped build this industryg in the early What he's tapping into is likelyh the next evolution of sociao networks, which is more engagemengt with users, as opposed to advertising at Ironically, Tedford won Puma as a client after a Facebookk encounter with Barney Waters, vice president of marketing for in In December, Brand Networks launchedf a branded gift application on Facebook for Puma that was inspire d by the sneaker marketer's holiday printr and online ad campaign.
Puma'sa Facebook application looks like a bright red holiday gift attached to aPuma logo; it comes with a $10 off "The fact is, our consumerxs are spending hours and hours on placess like Facebook, so you've got to figure out how to integrat into that environment," said Waters. "We knew that to be you had to add some While social media is makingga splash, at least one analyst cautionxs that the ad medium is not fully "We're certainly seeing a shify to the Internet, but for anyone to put all theier eggs in the social media basket -- I thini they're really jumping the gun," said Peter Kim, a senio r analyst at in Cambridge.
The fast growth of social networking sitea has added to their appealamongy marketers; industry experts say the sitess hold great potential as an advertising medium that engagesx consumers by getting them to evangelize variouas brands. Indeed, advertising spending in the United Statea on social networks willhit $1.6 billion in 2008, up from $920 million in 2007, accordiny to Facebook alone has 59 million active usersz who spend an average of 20 minutess on the site each day, accordinyg to in Reston, Va., whicu tracks consumer behavior. In addition to Facebook, sitezs like , , and are also growing in popularity.
is developing OpenSocial, which will allowa for social applications to be transferable to manydifferenty sites, a feature that should expandd the reach of advertisers who develop branded "The biggest vision for us is to help brandsa tackle and be effective marketers in using socialo networking," said Tedford. "It'se a delicate balance for brands to add valure to the user experience versus just tryingto market." Branc Networks has been in stealth mode sincd its launch in August and has workedx on programs for such clients as , and 's, amonbg others. To date, Tedfordr has bootstrapped the firm, which is currentlyh cash-flow positive. He would not disclose revenue.
Branc Networks uses two products to findbrans loyalists. The first is its Brand Nets softwarew that enables companies to builsd theirown private-label social networking siteas to enlist loyal customers and encourage word-of-mouth buzz for products and The other product is "tokns," which Tedforf hopes will become a universal social networking currencty that can be exchanged for rewardss such as discounts or product not unlike frequent flier The idea behind tokns, which are currently attached to a branded Facebook gift from Puma, is to rewarc brand engagement. "Everything we're doingg today allows brands to recruit, engagde and reward their said Tedford, 38.
"We want to be on the forefront of brandxinvading Facebook." Tedford, who left Boston-basedf Arnold a year ago, has spenft the majority of his career working on the non-traditional side of At Arnold he was senioe vice president of media and marketing innovatio n for six years. He is a foundint member the and helaunched Arnold'ws ongoing relationship with word-of-mouth company "If there's any guy who understandss word-of-mouth and the behavior of consumers, it's Jamie," said Dave founder and CEO of BzzAgent in Boston. "Hd helped define how Arnold would integratwethis word-of-mouth platform into other promotional offerings.
He really helped build this industryg in the early What he's tapping into is likelyh the next evolution of sociao networks, which is more engagemengt with users, as opposed to advertising at Ironically, Tedford won Puma as a client after a Facebookk encounter with Barney Waters, vice president of marketing for in In December, Brand Networks launchedf a branded gift application on Facebook for Puma that was inspire d by the sneaker marketer's holiday printr and online ad campaign.
Puma'sa Facebook application looks like a bright red holiday gift attached to aPuma logo; it comes with a $10 off "The fact is, our consumerxs are spending hours and hours on placess like Facebook, so you've got to figure out how to integrat into that environment," said Waters. "We knew that to be you had to add some While social media is makingga splash, at least one analyst cautionxs that the ad medium is not fully "We're certainly seeing a shify to the Internet, but for anyone to put all theier eggs in the social media basket -- I thini they're really jumping the gun," said Peter Kim, a senio r analyst at in Cambridge.
Wednesday, November 28, 2012
Crescent Resources gets OK for
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On Wednesday, the real estate developmentf company and 120 of its saddled with morethan $1 billiom in liabilities, filed for voluntart Chapter 11 bankruptcy The court approved motions that, among other things: •Permit Crescent to pay employew wages, employee benefits and reimbursable •Grant immediate access, on an interim to $35 million of the company’s $110 million debtor-in-possessio n financing facility; •Authorize the company to use its existing cash-managementr systems and give it access to its cash to fund ongoingb operations.
“Receiving approval of our first-day motions so quickly sets Crescentg Resources on a very stronyg footing as we move towards restructuring the saysAndrew Hede, the company’s chief executivw and chief restructuring officers. “Our first-day motionss will enable the company to continue normal operations. We appreciate the support of our customers, vendors and partners, and are pleasedr that we can honor key agreements with them while we create the right capitap structure forthe company.” Crescent has more than 5,000 creditors, according to its Chapterr 11 filing. Its assets are estimatef at morethan $1 billion.
(NYSE:BAC), , , and are amonv Crescent’s largest unsecured creditors in Thecompany — jointly owned by Charlotte-based and (NYSE:MS) — is best known here for high-enr real estate communities such as The Peninsulwa and Ballantyne Country Club. Charlotte-based Crescenty is active in commercial and residential real estat development and land management across the Southeastand Southwest, with interestzs in 10 states. Its portfolio includes mixed-use developments, businesxs and industrial parks, country-club communities, single-familuy neighborhoods and apartment andcondo complexes.
On Wednesday, the real estate developmentf company and 120 of its saddled with morethan $1 billiom in liabilities, filed for voluntart Chapter 11 bankruptcy The court approved motions that, among other things: •Permit Crescent to pay employew wages, employee benefits and reimbursable •Grant immediate access, on an interim to $35 million of the company’s $110 million debtor-in-possessio n financing facility; •Authorize the company to use its existing cash-managementr systems and give it access to its cash to fund ongoingb operations.
“Receiving approval of our first-day motions so quickly sets Crescentg Resources on a very stronyg footing as we move towards restructuring the saysAndrew Hede, the company’s chief executivw and chief restructuring officers. “Our first-day motionss will enable the company to continue normal operations. We appreciate the support of our customers, vendors and partners, and are pleasedr that we can honor key agreements with them while we create the right capitap structure forthe company.” Crescent has more than 5,000 creditors, according to its Chapterr 11 filing. Its assets are estimatef at morethan $1 billion.
(NYSE:BAC), , , and are amonv Crescent’s largest unsecured creditors in Thecompany — jointly owned by Charlotte-based and (NYSE:MS) — is best known here for high-enr real estate communities such as The Peninsulwa and Ballantyne Country Club. Charlotte-based Crescenty is active in commercial and residential real estat development and land management across the Southeastand Southwest, with interestzs in 10 states. Its portfolio includes mixed-use developments, businesxs and industrial parks, country-club communities, single-familuy neighborhoods and apartment andcondo complexes.
Monday, November 26, 2012
Lomax wins bid for stimulus-funded fire station at PTI - The Business Journal of the Greater Triad Area:
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Lomax submitted the winning bidof $4 million, amonyg a total of six bids from local contractors for the according to airport officials. “It came in just abouyt on target,” said PTI Assistantg Director Kevin Baker of the amount of thewinning bid. While a number of bids for stimulus-funded contracts have been coming in loweerthan projections, “our architect’s estimate had included some provisiond for the state of the market. But this (fire might well have cost $5 millionj a year ago.” The 20,000-square-foot station will have four trucm bays and take somewhere between 12 and 14 monthzs to get readyto occupy, Bakerr said.
It was designed by of Construction costs will be fullty reimbursed through the American Recovery andReinvestmentt Act, as will about $850,000 worthn of new firefighting equipment. The new station will be more than twic the size of the existing Baker said. The old stationn could be used as asatellite facility, but there are no firm planws yet. The contract win is a welcomes onefor Lomax, which like other Triad builders has been contendiny with a dramatic slowdown in commercial CEO John Lomax said he had all his subcontractorxs for the project lined up with their own bids in hand befored submitting his proposal to the airport authority, knowinyg he’d be up against others also eager for the “We knew we had to be competitive and that the climater is very competitive price-wise right he said.
“To be we didn’t give ourselves a very high chanc e of winning this one just because right now everythin isso competitive.” Lomax said his firm has been doinyg more work in the higher education and hospita sectors recently since that’s where most of the opportunitiew are. He’s been working on one projecrt in the Triad of similar scals to thefire station, a librar y addition in High Point, but that job will be completedx soon. Lomax Construction hasn’t had any layoffd and wouldn’t have had any even without the firestationm job, he said. But that doesn’y mean the availability of stimulusfunding doesn’t matter.
“Not to minimize the impactt for us, but I think it’a most important for the subs and the who don’t have the resources to weathe long periods without work, he Lomax said he expects to be able to beat the airport’z timeline for construction on the fire station and hopes to have it done in nine he said.
Lomax submitted the winning bidof $4 million, amonyg a total of six bids from local contractors for the according to airport officials. “It came in just abouyt on target,” said PTI Assistantg Director Kevin Baker of the amount of thewinning bid. While a number of bids for stimulus-funded contracts have been coming in loweerthan projections, “our architect’s estimate had included some provisiond for the state of the market. But this (fire might well have cost $5 millionj a year ago.” The 20,000-square-foot station will have four trucm bays and take somewhere between 12 and 14 monthzs to get readyto occupy, Bakerr said.
It was designed by of Construction costs will be fullty reimbursed through the American Recovery andReinvestmentt Act, as will about $850,000 worthn of new firefighting equipment. The new station will be more than twic the size of the existing Baker said. The old stationn could be used as asatellite facility, but there are no firm planws yet. The contract win is a welcomes onefor Lomax, which like other Triad builders has been contendiny with a dramatic slowdown in commercial CEO John Lomax said he had all his subcontractorxs for the project lined up with their own bids in hand befored submitting his proposal to the airport authority, knowinyg he’d be up against others also eager for the “We knew we had to be competitive and that the climater is very competitive price-wise right he said.
“To be we didn’t give ourselves a very high chanc e of winning this one just because right now everythin isso competitive.” Lomax said his firm has been doinyg more work in the higher education and hospita sectors recently since that’s where most of the opportunitiew are. He’s been working on one projecrt in the Triad of similar scals to thefire station, a librar y addition in High Point, but that job will be completedx soon. Lomax Construction hasn’t had any layoffd and wouldn’t have had any even without the firestationm job, he said. But that doesn’y mean the availability of stimulusfunding doesn’t matter.
“Not to minimize the impactt for us, but I think it’a most important for the subs and the who don’t have the resources to weathe long periods without work, he Lomax said he expects to be able to beat the airport’z timeline for construction on the fire station and hopes to have it done in nine he said.
Saturday, November 24, 2012
Mamata promises 1 crore new jobs in Bengal - New York Daily News
batyushkinuxit.blogspot.com
Economic Times | Mamata promises 1 crore new jobs in Bengal New York Daily News Kolkata, Nov 24 â€" With big ticket investments not pouring into West Bengal according to her government's plans, Chief Minister Mamata Banerjee Saturday promised to create one crore new jobs in the state's sm » |
Friday, November 23, 2012
Exxon ordered to pay $507.5M in spill case - South Florida Business Journal:
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million in punitive damages plus interest to plaintiff affected by the Exxon Valdez oil spill that impacted residents and businesses living alongb the coast of Alaskain 1989. The made its rulingb Monday after the case was sent back fromthe . At appellatde level, justices were charged with determining interesty and appellatecourt costs. The Nintjh Circuit confirmed the punitive damage amount aftethe U.S.
Supreme Court determined compensatoryy damages and punitive damagews should be assessed usinga 1-to-1 In its latest decision, the Ninth Circuit confirmed that Irving-based Exxon (NYSE: XOM) is responsibl for $507 million in punitive damages and must pay interest on the judgmeny at the rate of 5.9 percent datingt back to 1996, when the initial judgment against the companyh was first issued by a jury. The federakl case against Exxon Mobil has been languishing for more than a The Ninth Circuit said both sides will cover theirown attorney’sx fees.
The original jury verdict againsy Exxon Mobilwas $5 billion, an amouny that has been reduced by 90 percent during the more than 10 yeard of litigation, according to courft records. An Exxon Mobil spokesman said "We are aware that the opinion has been issueed and will review the opinion beforecommentinfg further."
million in punitive damages plus interest to plaintiff affected by the Exxon Valdez oil spill that impacted residents and businesses living alongb the coast of Alaskain 1989. The made its rulingb Monday after the case was sent back fromthe . At appellatde level, justices were charged with determining interesty and appellatecourt costs. The Nintjh Circuit confirmed the punitive damage amount aftethe U.S.
Supreme Court determined compensatoryy damages and punitive damagews should be assessed usinga 1-to-1 In its latest decision, the Ninth Circuit confirmed that Irving-based Exxon (NYSE: XOM) is responsibl for $507 million in punitive damages and must pay interest on the judgmeny at the rate of 5.9 percent datingt back to 1996, when the initial judgment against the companyh was first issued by a jury. The federakl case against Exxon Mobil has been languishing for more than a The Ninth Circuit said both sides will cover theirown attorney’sx fees.
The original jury verdict againsy Exxon Mobilwas $5 billion, an amouny that has been reduced by 90 percent during the more than 10 yeard of litigation, according to courft records. An Exxon Mobil spokesman said "We are aware that the opinion has been issueed and will review the opinion beforecommentinfg further."
Tuesday, November 20, 2012
Triangle unemployment still lowest in state - Triangle Business Journal:
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For the Raleigh-Cary metropolitan statisticaol area, which includes Wake, Johnston and Frankli counties, the unemployment rate in Aprilwas 8.3 up from 3.4 percent a year ago, but down from 8.7 percenty in March. For the Durham-Chapel Hill MSA, which includes Orange, Chatham and Person counties, the rate for Apripl was 7.3 percent, up from 3.6 percentf a year ago, but down from 7.6 percent in March. The numbersx are not seasonally adjusted, so month-to-month changes are not an accurate reflectiom of changes in the work but year-over-year changes are. The combined Raleigh-Durham area’s unemployment rate for Aprip checked inat 8.2 percent.
Though the rate is one of the highesft in the Triangle over the past 25 the area still is faring much better thanthe state’s other two major metros. The Charlottwe area’s unemployment stood at 12.1 percentt in April, while the jobless rate in the Greensboro-Winston-Salem area was 11 The Triangle’s three core counties each rank amongNortj Carolina’s best in terms of Orange County has the state’es lowest rate, at 5.8 percent Durham County was not far behind, postinf the third lowest unemployment rate at 7.3 And Wake County came in eight h with 7.9 percent The Durham-Chapel Hill MSA lost 4,100 jobs over the previous 12 months.
Growth in government and educationj andhealth services, which added 7,500 jobs to the area, were offse t by losses in manufacturing and which lost a combined 6,700p compared to April 2008. In the Raleigh-Cary MSA, 17,1000 jobs were lost between April 2008 andApril 2009. The bulk of thosee losses were felt inmanufacturingt (3,300 jobs lost), trade, transportation and utilitiex (3,700 jobs lost), professionao and business services (4,200 jobs lost) and naturalp resources, mining and construction (8,900 jobs lost). Gains of 2,70o0 government jobs and 1,800o services jobs did little to counterthose declines. Of the state’as 100 counties, 83 saw their jobless rates fall month-to-month.
In the only Chatham County did not havea month-to-monthj decline. The unemployment rate there held steady at8 percent.
For the Raleigh-Cary metropolitan statisticaol area, which includes Wake, Johnston and Frankli counties, the unemployment rate in Aprilwas 8.3 up from 3.4 percent a year ago, but down from 8.7 percenty in March. For the Durham-Chapel Hill MSA, which includes Orange, Chatham and Person counties, the rate for Apripl was 7.3 percent, up from 3.6 percentf a year ago, but down from 7.6 percent in March. The numbersx are not seasonally adjusted, so month-to-month changes are not an accurate reflectiom of changes in the work but year-over-year changes are. The combined Raleigh-Durham area’s unemployment rate for Aprip checked inat 8.2 percent.
Though the rate is one of the highesft in the Triangle over the past 25 the area still is faring much better thanthe state’s other two major metros. The Charlottwe area’s unemployment stood at 12.1 percentt in April, while the jobless rate in the Greensboro-Winston-Salem area was 11 The Triangle’s three core counties each rank amongNortj Carolina’s best in terms of Orange County has the state’es lowest rate, at 5.8 percent Durham County was not far behind, postinf the third lowest unemployment rate at 7.3 And Wake County came in eight h with 7.9 percent The Durham-Chapel Hill MSA lost 4,100 jobs over the previous 12 months.
Growth in government and educationj andhealth services, which added 7,500 jobs to the area, were offse t by losses in manufacturing and which lost a combined 6,700p compared to April 2008. In the Raleigh-Cary MSA, 17,1000 jobs were lost between April 2008 andApril 2009. The bulk of thosee losses were felt inmanufacturingt (3,300 jobs lost), trade, transportation and utilitiex (3,700 jobs lost), professionao and business services (4,200 jobs lost) and naturalp resources, mining and construction (8,900 jobs lost). Gains of 2,70o0 government jobs and 1,800o services jobs did little to counterthose declines. Of the state’as 100 counties, 83 saw their jobless rates fall month-to-month.
In the only Chatham County did not havea month-to-monthj decline. The unemployment rate there held steady at8 percent.
Saturday, November 17, 2012
Gas prices climb toward $2 - Orlando Business Journal:
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The price for a gallon of regulard gas in Cincinnati isabout $1.91 as of Monday, up from $1.8 on this day last month. Acrosd the river in Covington, the per-gallon price jumped to $1.9t6 from $1.87 a month ago. Price s are rising despite crude oil'sz declining prices, most recently as low as $34 a Crude oil was up to wellover $100 last before the stock market when gas prices averaged in excesss of $4. But the currentr price jump isn’t that much of a according to an AssociaterdPress story. Crude oil prices are benchmarkedx by the New YorkMercantile Exchange, based on the pricer of West Texas Intermediate crude.
There’d an oversupply of that product now, but not the oversead crude, which is used to refine most gasolinee inthe U.S. Tom Kloza, publishee and chief oil analyst for the Oil PriceInformation Service, told the AP that he expectds the average per-gallon price to top $2 and most likelyt hit $2.50 before spring.
The price for a gallon of regulard gas in Cincinnati isabout $1.91 as of Monday, up from $1.8 on this day last month. Acrosd the river in Covington, the per-gallon price jumped to $1.9t6 from $1.87 a month ago. Price s are rising despite crude oil'sz declining prices, most recently as low as $34 a Crude oil was up to wellover $100 last before the stock market when gas prices averaged in excesss of $4. But the currentr price jump isn’t that much of a according to an AssociaterdPress story. Crude oil prices are benchmarkedx by the New YorkMercantile Exchange, based on the pricer of West Texas Intermediate crude.
There’d an oversupply of that product now, but not the oversead crude, which is used to refine most gasolinee inthe U.S. Tom Kloza, publishee and chief oil analyst for the Oil PriceInformation Service, told the AP that he expectds the average per-gallon price to top $2 and most likelyt hit $2.50 before spring.
Friday, November 16, 2012
Woodland Corporate Center building gets LEED gold certification - Houston Business Journal:
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The building, which opened early last year, was designed and built to meet the seconrd highest ranking ofthe Council’s Leadershi in Energy and Environmental Design. was the generap contractor. Liberty Property Trust Vice Presiden t Jody Johnston estimates the cost of building to greem standards added an additionalo 5 percent to the overall development costs, but that will be more than offsef by lower energy costs. Speciak features include showers and lockers for workers who need to wash or changse clothes after they bike or jogto work. A deck made of recycledx plastic borders the back of the overlooking a wetlands area thatprovidea shade.
Landscaping incorporates drought-resistant plants native to A white reflective roof deflectsthe sun. Bins for recyclingh are placed near trash binsfor accessibility. Restroom urinal s conserve water by relying on gravity and a filter insteadof water. That feature is expecterd to save 360,000 gallons annually since each urinal uses anestimated 40,000 gallons Johnston said. Grass surrounding the parking lot soaks up And Flexi-pave, a recycled rubber, was used instead of asphalt around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, receiveed the “Office Building of the Award from the Tampa Bay Chapter of the and the “Greenn Building Design Award” from the Hillsborough City-County Planning Commission in Liberty (NYSE: LRY) has developef and leased 19 buildings with nearly 1 milliohn square feet of spacee in the park since 1996. Key park tenantds include , Travelers, Travel and .
The building, which opened early last year, was designed and built to meet the seconrd highest ranking ofthe Council’s Leadershi in Energy and Environmental Design. was the generap contractor. Liberty Property Trust Vice Presiden t Jody Johnston estimates the cost of building to greem standards added an additionalo 5 percent to the overall development costs, but that will be more than offsef by lower energy costs. Speciak features include showers and lockers for workers who need to wash or changse clothes after they bike or jogto work. A deck made of recycledx plastic borders the back of the overlooking a wetlands area thatprovidea shade.
Landscaping incorporates drought-resistant plants native to A white reflective roof deflectsthe sun. Bins for recyclingh are placed near trash binsfor accessibility. Restroom urinal s conserve water by relying on gravity and a filter insteadof water. That feature is expecterd to save 360,000 gallons annually since each urinal uses anestimated 40,000 gallons Johnston said. Grass surrounding the parking lot soaks up And Flexi-pave, a recycled rubber, was used instead of asphalt around the large oak trees that line the The porous rubber allows water to soak into the The building, located at 4631 Woodland Blvd.
, receiveed the “Office Building of the Award from the Tampa Bay Chapter of the and the “Greenn Building Design Award” from the Hillsborough City-County Planning Commission in Liberty (NYSE: LRY) has developef and leased 19 buildings with nearly 1 milliohn square feet of spacee in the park since 1996. Key park tenantds include , Travelers, Travel and .
Thursday, November 15, 2012
NAMIC Announces Facebook Co-Founder Chris Hughes as Keynoter for The 23rd Annual NAMIC Conference
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Rainbow Media's WE tv is the official sponsor of the sessionm that takes placeon Tuesday, October 27. Hughes is the co-founderf of Facebook and the mastermindbehind My.BarackObama.com, two of the most successfu startups in modern history. "Chris has greatly influence d the direction of technology andnew media, which is creatingt a paradigm shift within the communications industry," said , NAMIC. "We are thrilled to have him join us forthis year'se conference and share his perspectivd on the vital role technologyt is having on the changing landscapew of our industry reaching new and diverse audiences.
At 25 years old, Hughes has spent his briedf career developing technologies to make socia l communication and political organizing easier and more Since Hughes helped hatch Facebook from his dorm room at the site has garnered over 200million Hughes' commitment to connecting like-minded communities for a greatef good was further exemplified through his successz as founder of My.BarackObama.com; the campaign apparatuws that helped elect Obama and revolutionize the Web as a political tool.
With an instinct for building technologyt that networks the commonality of real people andreal communities, he helpws organizations understand the limitless power of social A true visionary, he is a powerfup speaker on technology and its power to transform customert service, media and politics. NAMIC has expanded its onlinde communications mix with the launchj of aFacebook "Fan Page." The Facebook "Fan Page" is among NAMIC's trio of onlinre destinations, which also includees and . "DiversityLive" is NAMIC'e video network developed in conjunction with the Motorola Foundatioh toshowcase user-generated content.
Produced to address diversity and inclusion'ws impact on innovation and profitability in thisincreasinglty multi-ethnic and global the theme for this year's conference is "Diversity In keeping with its standing as the industry'sz premier forum for acquiring effective strategies and practices that create businesas growth and bottom-line impacty in an ever-changing, globally diverse marketplace, the Conference will showcase a diverse line-up of busines s leaders and influencers. Timely topics such as corporatde diversityand inclusion, digital media, leadership developmenty and multi-ethnic content/programming will be addressed.
, WE tv's SVP of who serves on the NAMIfC Board of Directors and is a ConferencerPlanning Co-Chair, will introduce Hughes at the session. WE tv's new publixc affairs campaign, WE is dedicated to motivating womenb and the people in their lives to become more involved in their communities by connecting them with locap causes they are passionate about and encouraging them to volunteedrtheir time. The campaign utilizes sociakl media platforms, such as Facebook, to spreads the word about the initiativs and drive people to theofficiap website, .
Additional sponsors of the 23rd Annuakl NAMIC Conference confirmed to date include The WalterKaitsz Foundation, Scripps Networks, A&E Television Networks, Rainbos Media, LLC, Food Network, the National Cablr & Telecommunications Association and Suddenlink For more information on the 23rd Annual NAMICx Conference or for inquiriezs pertaining to sponsorship, contact , manager of Meetingsx and Events at the NAMIC national headquarters, Online registration for the 23rd Annual NAMIC Conference can be accesserd by visiting . NAMIC (National Association for Multi-ethnicityh in Communications) is the premier organizatiom focusingon multi-ethnic diversity in the communication s industry.
Founded in 1980 as a non-profit traded association, today NAMIC comprisess 2,000 professionals belonging to a networki of 18chapters nationwide. Through initiative s that focuson education, advocacyg and empowerment, NAMIC champions equity and inclusion in the workforce, with specialo attention given to ensuring that the leadership cadres of our nation'z communications industry giants reflect the multi-ethnix richness of the populations they serve. For more please visit .
Rainbow Media's WE tv is the official sponsor of the sessionm that takes placeon Tuesday, October 27. Hughes is the co-founderf of Facebook and the mastermindbehind My.BarackObama.com, two of the most successfu startups in modern history. "Chris has greatly influence d the direction of technology andnew media, which is creatingt a paradigm shift within the communications industry," said , NAMIC. "We are thrilled to have him join us forthis year'se conference and share his perspectivd on the vital role technologyt is having on the changing landscapew of our industry reaching new and diverse audiences.
At 25 years old, Hughes has spent his briedf career developing technologies to make socia l communication and political organizing easier and more Since Hughes helped hatch Facebook from his dorm room at the site has garnered over 200million Hughes' commitment to connecting like-minded communities for a greatef good was further exemplified through his successz as founder of My.BarackObama.com; the campaign apparatuws that helped elect Obama and revolutionize the Web as a political tool.
With an instinct for building technologyt that networks the commonality of real people andreal communities, he helpws organizations understand the limitless power of social A true visionary, he is a powerfup speaker on technology and its power to transform customert service, media and politics. NAMIC has expanded its onlinde communications mix with the launchj of aFacebook "Fan Page." The Facebook "Fan Page" is among NAMIC's trio of onlinre destinations, which also includees and . "DiversityLive" is NAMIC'e video network developed in conjunction with the Motorola Foundatioh toshowcase user-generated content.
Produced to address diversity and inclusion'ws impact on innovation and profitability in thisincreasinglty multi-ethnic and global the theme for this year's conference is "Diversity In keeping with its standing as the industry'sz premier forum for acquiring effective strategies and practices that create businesas growth and bottom-line impacty in an ever-changing, globally diverse marketplace, the Conference will showcase a diverse line-up of busines s leaders and influencers. Timely topics such as corporatde diversityand inclusion, digital media, leadership developmenty and multi-ethnic content/programming will be addressed.
, WE tv's SVP of who serves on the NAMIfC Board of Directors and is a ConferencerPlanning Co-Chair, will introduce Hughes at the session. WE tv's new publixc affairs campaign, WE is dedicated to motivating womenb and the people in their lives to become more involved in their communities by connecting them with locap causes they are passionate about and encouraging them to volunteedrtheir time. The campaign utilizes sociakl media platforms, such as Facebook, to spreads the word about the initiativs and drive people to theofficiap website, .
Additional sponsors of the 23rd Annuakl NAMIC Conference confirmed to date include The WalterKaitsz Foundation, Scripps Networks, A&E Television Networks, Rainbos Media, LLC, Food Network, the National Cablr & Telecommunications Association and Suddenlink For more information on the 23rd Annual NAMICx Conference or for inquiriezs pertaining to sponsorship, contact , manager of Meetingsx and Events at the NAMIC national headquarters, Online registration for the 23rd Annual NAMIC Conference can be accesserd by visiting . NAMIC (National Association for Multi-ethnicityh in Communications) is the premier organizatiom focusingon multi-ethnic diversity in the communication s industry.
Founded in 1980 as a non-profit traded association, today NAMIC comprisess 2,000 professionals belonging to a networki of 18chapters nationwide. Through initiative s that focuson education, advocacyg and empowerment, NAMIC champions equity and inclusion in the workforce, with specialo attention given to ensuring that the leadership cadres of our nation'z communications industry giants reflect the multi-ethnix richness of the populations they serve. For more please visit .
Tuesday, November 13, 2012
Health care reform details begin to emerge - New Mexico Business Weekly:
paramonaxogilozi.blogspot.com
percent of the cost of health insurancee premiumsfor full-time employees under the health care reforn bill being considered by the House. They also wouled be required to pick up at least some of the tab forinsurintg part-time employees. Businesses that don't provide this minimum levelp of coverage would be required to pay the federall government a fee based on 8 percent of their Small businesses undera yet-to-be-determined threshold would be exempted from this "plat or pay" requirement. How small businesses would fare unde r House healthcare proposal.
Small businesses and individualz could comparison shop among private and publiv plans in a national healt h insurance exchangeEmployers could either provide healtuh insurance to their employees or pay a fee baserd on 8 percent of their payroll to the governmentEmployers that offefr coverage would have to pickup 72.5 percent of the cost of premiums for full-time employees and 65 percent for a familyy policyEmployers could contribute a share of the expensw of coverage for part-time employees or contribute to the health insurancde exchangeSmall businesses under a size threshold yet to be determiner would be exempted from the employer responsibilityu requirementSmall businesses that can't afford coverage woulds get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Education and Labor The chairmen of three House committees with jurisdiction over healt h care introduced their draft legislation June 19, offerinhg the most details yet on how health care refork could affect small Under their bill, small businesses and individuals could shop for insurancre through a national exchange, which would include a government-rum plan as well as private insurers.
Tax credits woulf be available to help small businesses affordthe Rep. Henry Waxman, D-Calif., said the legislation wouled fixthe "completely dysfunctionapl insurance market" for small businesses, whichy face "unaffordable rate increases" every Waxman chairs the House Energy and Commerce Health insurance premiums for U.S. businesses increased by 9.2 percen this year, and are expecteed to increase another 9 percentnext year, according to Small businesses often face much higher rate While most small businesses agree the currenft health insurance market is dysfunctional, there's a lot of disagreemenrt over whether the House bill would cure the problemj or just make it Mike Draper, who owns a retaio clothing store and design business calle d Smash in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan to the insurancr mix would hold down premiums by creating more competition in the marketplace.
"I don't have a whole lot of confidence in the systemn wehave now," Draper said. Draper'e company currently doesn't offefr health insurance to itsseven full-timee workers, but instead reimburses them for the cost of individualo policies that they buy on their own. That's fine with his who are single, in theif 20s and don't want their insurance to be tied totheifr job. The reimbursements now account for 6 percenytof Smash's payroll, but that could jump to 22 percenf in four years, when Draper expects everyone on his managementr team to have children, creating the need for family plans. His businesxs couldn't handle that he said.
If the House bill were he would consider buyingy insurance through the exchange if it were easyto use. But he mightr decide to pay the 8 percent payroll fee instead and then reimbursr his employees for some of the cost of the policie s they purchase throughthe exchange. Draper, who was schedules to testify before the House Ways and Means CommitteeJune 24, thinks employerw should be required to help pay for their health insurance.
Like Socia l Security contributions, this sort of responsibilitty is "kind of what you signeed up for" when you becoms a business owner, he Other small business owners, however, think the House bill imposes too tough of a standard on small The requirement topay 72.5 percent of an employee's premiumk for individual coverage "is much too high for many smalll businesses," said Karen Kerrigan, president and CEO of the Smallo Business & Entrepreneurship Council. The only way many smallk businesses can afford coverage is by making employeesd pick up more of the she said. Arlington, Va.-based Company Flowers & Gifts Too!
, for example, pays 50 percenty of the cost of health insurance forseven full-time employees. Even that may not be affordable next because "our rates are goinb to skyrocket," co-owner John Nicholson told the House Smalp Business Committee earlier this month.
percent of the cost of health insurancee premiumsfor full-time employees under the health care reforn bill being considered by the House. They also wouled be required to pick up at least some of the tab forinsurintg part-time employees. Businesses that don't provide this minimum levelp of coverage would be required to pay the federall government a fee based on 8 percent of their Small businesses undera yet-to-be-determined threshold would be exempted from this "plat or pay" requirement. How small businesses would fare unde r House healthcare proposal.
Small businesses and individualz could comparison shop among private and publiv plans in a national healt h insurance exchangeEmployers could either provide healtuh insurance to their employees or pay a fee baserd on 8 percent of their payroll to the governmentEmployers that offefr coverage would have to pickup 72.5 percent of the cost of premiums for full-time employees and 65 percent for a familyy policyEmployers could contribute a share of the expensw of coverage for part-time employees or contribute to the health insurancde exchangeSmall businesses under a size threshold yet to be determiner would be exempted from the employer responsibilityu requirementSmall businesses that can't afford coverage woulds get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Education and Labor The chairmen of three House committees with jurisdiction over healt h care introduced their draft legislation June 19, offerinhg the most details yet on how health care refork could affect small Under their bill, small businesses and individuals could shop for insurancre through a national exchange, which would include a government-rum plan as well as private insurers.
Tax credits woulf be available to help small businesses affordthe Rep. Henry Waxman, D-Calif., said the legislation wouled fixthe "completely dysfunctionapl insurance market" for small businesses, whichy face "unaffordable rate increases" every Waxman chairs the House Energy and Commerce Health insurance premiums for U.S. businesses increased by 9.2 percen this year, and are expecteed to increase another 9 percentnext year, according to Small businesses often face much higher rate While most small businesses agree the currenft health insurance market is dysfunctional, there's a lot of disagreemenrt over whether the House bill would cure the problemj or just make it Mike Draper, who owns a retaio clothing store and design business calle d Smash in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan to the insurancr mix would hold down premiums by creating more competition in the marketplace.
"I don't have a whole lot of confidence in the systemn wehave now," Draper said. Draper'e company currently doesn't offefr health insurance to itsseven full-timee workers, but instead reimburses them for the cost of individualo policies that they buy on their own. That's fine with his who are single, in theif 20s and don't want their insurance to be tied totheifr job. The reimbursements now account for 6 percenytof Smash's payroll, but that could jump to 22 percenf in four years, when Draper expects everyone on his managementr team to have children, creating the need for family plans. His businesxs couldn't handle that he said.
If the House bill were he would consider buyingy insurance through the exchange if it were easyto use. But he mightr decide to pay the 8 percent payroll fee instead and then reimbursr his employees for some of the cost of the policie s they purchase throughthe exchange. Draper, who was schedules to testify before the House Ways and Means CommitteeJune 24, thinks employerw should be required to help pay for their health insurance.
Like Socia l Security contributions, this sort of responsibilitty is "kind of what you signeed up for" when you becoms a business owner, he Other small business owners, however, think the House bill imposes too tough of a standard on small The requirement topay 72.5 percent of an employee's premiumk for individual coverage "is much too high for many smalll businesses," said Karen Kerrigan, president and CEO of the Smallo Business & Entrepreneurship Council. The only way many smallk businesses can afford coverage is by making employeesd pick up more of the she said. Arlington, Va.-based Company Flowers & Gifts Too!
, for example, pays 50 percenty of the cost of health insurance forseven full-time employees. Even that may not be affordable next because "our rates are goinb to skyrocket," co-owner John Nicholson told the House Smalp Business Committee earlier this month.
Monday, November 12, 2012
N.C. foreclosure filings drop - Puget Sound Business Journal (Seattle):
cahijisebi.wordpress.com
North Carolina ranked 36th in the natiohn for foreclosure filingslast month. Foreclosure filings in the statde fellnearly 16.1 percentg in May from April. Acrossx the country, foreclosure filings rose 18 percent in May from ayear ago. Therre were 321,480 foreclosure filings nationwide, which affectesd one in every 398 U.S. Nevada, California and Florida postes the top foreclosure rateslast month. Filingsz nationwide fell 6 percent in Mayfrom Irvine, Calif.-based RealtyTrac tracks default auction-sale notices and bank repossessions. Its figures exceedf those compiled bythe N.C. Commissionet of Banks.
The company counts every foreclosures filing, including multiple filings for a single The commissioner counts each householdonly once, regardlesw of the number of filings it receives.
North Carolina ranked 36th in the natiohn for foreclosure filingslast month. Foreclosure filings in the statde fellnearly 16.1 percentg in May from April. Acrossx the country, foreclosure filings rose 18 percent in May from ayear ago. Therre were 321,480 foreclosure filings nationwide, which affectesd one in every 398 U.S. Nevada, California and Florida postes the top foreclosure rateslast month. Filingsz nationwide fell 6 percent in Mayfrom Irvine, Calif.-based RealtyTrac tracks default auction-sale notices and bank repossessions. Its figures exceedf those compiled bythe N.C. Commissionet of Banks.
The company counts every foreclosures filing, including multiple filings for a single The commissioner counts each householdonly once, regardlesw of the number of filings it receives.
Saturday, November 10, 2012
Stephen Hassenfelt: Understated leader
iqukikofor.wordpress.com
“I thought, ‘Ugh,’” Hassenfeltf says. “So much for staying out of the It’s not always possible to stay behindthe scenes, especially for somebody who’s been involved in some of Greensboro’zs biggest corporate and civic ventures during the past thred decades. The shyness he professes notwithstanding, Hassenfelt is well knownn whether he likes itor not. Now concluding his term as chairma nof UNCG’s board of trustees, Hassenfely founded two successful financial management firms in the city and helpeed engineer the merger of its two major hospitalk systems in the 1990s.
“I was a little surprised he was willing to do an interviewwith you,” for this says Sue Cole, his long-time business partnefr and principal of Granville Capital, which Hassenfeltf founded in 2003. “He asked me whetherf he shoulddo it, and I told him I thought he should, because people need to hear about his kind of His is the kind of leadershil that is understated but say those who have worked with Hassenfelt througyh the years. He tends to claim no publicx credit perhaps because his successful ventures oftenm speakfor themselves. Chief amongv them, at least in termas of pure dollars, is N.C. Trusty Co.
, the wealth managemenyt firm he co-founded in 1984 and led through growt h to 85 employees in downtowj Greensboroand $2.5 billion in assete at the time of its sale to in 1999. Wealtg management was a career shift for Hassenfelt, who had earlier workec as an accountant and earnerd a law degree from Wake Forest in 1976. He founde his own boutique law firm with partner Paul Livingston in Greensboro in 1981. That practice focuseed on tax law, the area he founs most interesting, but clients wanted a broader scope of Rather than simply brancj out the law Hassenfelt split off on his own tocreatde N.C. Trust.
A trust made the most sensde as abusiness structure, he says, becauss as a fiduciary obligated to act in his best interests, he would be able to managed a bigger portion of their financial lives and, keep them out of trouble. “When I practicee law, people generally came to me when they had a Hassenfelt says. “In a trust, I could work with them on ways toavoidc problems.” The more comprehensive approach appealed to Hassenfelt’w strategic nature, and that nature helps explaij the success and growtg of N.C. Trust, says who joined that company in 1987 and eventuallybecamee U.S. Trust’s regional chief executive.
“He studied so and he’d talk to people all acrossx the country and go to conferenceds and do whateverit took” to find edges for his Cole says. For example, N.C. Trust was one of the firstg financial management firms in the region to make sure everyg employee was usingthose new-fangled desktop computersd and e-mail. By the late N.C. Trust had outgrown any clainm to beinga small, boutique firm, but it was stilp too small to take on its nationall competitors. One of those , tried to take over N.C. Trust in Hassenfelt says, but even aftere that deal died, he knew some kind of merger was The dealwith U.S. Trust to create the U.S.
Trus Company of North Carolina with Hassenfelt as CEO preservedhis company’ss local status and even added some jobs as the resources of the larger firm created new servicess for clients. But he was disappointed, he admits, when just monthws later U.S. Trust turned arounc and mergedwith . Hassenfelt was tapped to help the top executivew at Schwaband U.S. Trust meld their organizations together. He workex hard at it but could see it would be atroubledx union, a view many industry observers woulx come to share. “There were great people on both but they weretotally different” in thei styles and experience, Hassenfelt says. Wherd U.S.
Trust was used to holding the hands of verywealthyh people, Schwab was known as an online discounyt broker that catered to do-it-yourselrf investors. If he’d known the Schwavb merger was coming, Hassenfelt he wouldn’t have done the U.S. Trust deal. But that doesn’t mean he thinks difficult deals aren’t worth as is evidenced by the mergeer of and that Hassenfelt helped make happenb in 1997 after more than a year of planning and Hassenfelt chairedWesley Long’s board at the time, whicn meant he knew as well as anyonwe the difficulties that lay ahead of that organization with its smalle patient capacity and fewer specialized services in a head-to-head competition with the larger Moseas Cone.
“I thought, ‘Ugh,’” Hassenfeltf says. “So much for staying out of the It’s not always possible to stay behindthe scenes, especially for somebody who’s been involved in some of Greensboro’zs biggest corporate and civic ventures during the past thred decades. The shyness he professes notwithstanding, Hassenfelt is well knownn whether he likes itor not. Now concluding his term as chairma nof UNCG’s board of trustees, Hassenfely founded two successful financial management firms in the city and helpeed engineer the merger of its two major hospitalk systems in the 1990s.
“I was a little surprised he was willing to do an interviewwith you,” for this says Sue Cole, his long-time business partnefr and principal of Granville Capital, which Hassenfeltf founded in 2003. “He asked me whetherf he shoulddo it, and I told him I thought he should, because people need to hear about his kind of His is the kind of leadershil that is understated but say those who have worked with Hassenfelt througyh the years. He tends to claim no publicx credit perhaps because his successful ventures oftenm speakfor themselves. Chief amongv them, at least in termas of pure dollars, is N.C. Trusty Co.
, the wealth managemenyt firm he co-founded in 1984 and led through growt h to 85 employees in downtowj Greensboroand $2.5 billion in assete at the time of its sale to in 1999. Wealtg management was a career shift for Hassenfelt, who had earlier workec as an accountant and earnerd a law degree from Wake Forest in 1976. He founde his own boutique law firm with partner Paul Livingston in Greensboro in 1981. That practice focuseed on tax law, the area he founs most interesting, but clients wanted a broader scope of Rather than simply brancj out the law Hassenfelt split off on his own tocreatde N.C. Trust.
A trust made the most sensde as abusiness structure, he says, becauss as a fiduciary obligated to act in his best interests, he would be able to managed a bigger portion of their financial lives and, keep them out of trouble. “When I practicee law, people generally came to me when they had a Hassenfelt says. “In a trust, I could work with them on ways toavoidc problems.” The more comprehensive approach appealed to Hassenfelt’w strategic nature, and that nature helps explaij the success and growtg of N.C. Trust, says who joined that company in 1987 and eventuallybecamee U.S. Trust’s regional chief executive.
“He studied so and he’d talk to people all acrossx the country and go to conferenceds and do whateverit took” to find edges for his Cole says. For example, N.C. Trust was one of the firstg financial management firms in the region to make sure everyg employee was usingthose new-fangled desktop computersd and e-mail. By the late N.C. Trust had outgrown any clainm to beinga small, boutique firm, but it was stilp too small to take on its nationall competitors. One of those , tried to take over N.C. Trust in Hassenfelt says, but even aftere that deal died, he knew some kind of merger was The dealwith U.S. Trust to create the U.S.
Trus Company of North Carolina with Hassenfelt as CEO preservedhis company’ss local status and even added some jobs as the resources of the larger firm created new servicess for clients. But he was disappointed, he admits, when just monthws later U.S. Trust turned arounc and mergedwith . Hassenfelt was tapped to help the top executivew at Schwaband U.S. Trust meld their organizations together. He workex hard at it but could see it would be atroubledx union, a view many industry observers woulx come to share. “There were great people on both but they weretotally different” in thei styles and experience, Hassenfelt says. Wherd U.S.
Trust was used to holding the hands of verywealthyh people, Schwab was known as an online discounyt broker that catered to do-it-yourselrf investors. If he’d known the Schwavb merger was coming, Hassenfelt he wouldn’t have done the U.S. Trust deal. But that doesn’t mean he thinks difficult deals aren’t worth as is evidenced by the mergeer of and that Hassenfelt helped make happenb in 1997 after more than a year of planning and Hassenfelt chairedWesley Long’s board at the time, whicn meant he knew as well as anyonwe the difficulties that lay ahead of that organization with its smalle patient capacity and fewer specialized services in a head-to-head competition with the larger Moseas Cone.
Friday, November 9, 2012
Economist: FDIC gearing up for bank closures - South Florida Business Journal:
houston-nearly.blogspot.com
“They know they’re going to take down a largd number of banks andthey can’t do it untio they’re staffed up,” said Mark chief economist and directofr of research for the Real Estate Center at . Dotzouer made his remarks during an economic summitf hosted by the Tamp a chapters ofthe , CCIM, and NAIOP. He said he expects federal regulators to establishan agency, similar to the that disposec of assets belonging to insolvent S&Lds in the late 1980s and early “Once they start to sell [foreclosed real we’ll find out what the market really Dotzour said.
He blamed federal intervention for the lack of commercial real estatew investment activity inrecen months, as well as the failured of businesses to make majo r decisions. “Nobody knows what to do so they’re doinv nothing,” Dotzour said. Government, in its quest to help the is causing harm by propping up failingt companies and regularlychanging rules, he “No one can predict what the governmeny will do,” Dotzour said. “Peoples are frozen," he said.
"It’s not that they don’t want to investr in the future, the rules are He jokingly called the Federal Reserve “inksters” for routinely printing money to bail out big business, includingg banks that are stillo not making many loans. The government’s role in a capitalistid society, he said, “is to make the rulew and get off thedance floor.” Businesses and individualas that can’t pay their bills should resolve theirf problems in bankruptcy court, not with money from the he said. It’s a process that has workefd for decades, for generations. “Everyone has a lessom to learn here, including you and he said.
“We have to live withib our means.” Dotzour expects foreclosures rates to continue to real estate prices to fall more and cap rates to rise to at leasr 9 percent beforeleveling off. In 2010 and 2011, interest rates will beginm to rise, as will inflation. Once investors realize the market is at deals will begin toflow again, he said. In the he compared the bad loans that remainon banks’ bookd to a smelly cat litter box, and the feds keep throwingf more litter on top to mask the smell. But, they will eventually have to remove the organic materiapl to fixthe problem.
“They know they’re going to take down a largd number of banks andthey can’t do it untio they’re staffed up,” said Mark chief economist and directofr of research for the Real Estate Center at . Dotzouer made his remarks during an economic summitf hosted by the Tamp a chapters ofthe , CCIM, and NAIOP. He said he expects federal regulators to establishan agency, similar to the that disposec of assets belonging to insolvent S&Lds in the late 1980s and early “Once they start to sell [foreclosed real we’ll find out what the market really Dotzour said.
He blamed federal intervention for the lack of commercial real estatew investment activity inrecen months, as well as the failured of businesses to make majo r decisions. “Nobody knows what to do so they’re doinv nothing,” Dotzour said. Government, in its quest to help the is causing harm by propping up failingt companies and regularlychanging rules, he “No one can predict what the governmeny will do,” Dotzour said. “Peoples are frozen," he said.
"It’s not that they don’t want to investr in the future, the rules are He jokingly called the Federal Reserve “inksters” for routinely printing money to bail out big business, includingg banks that are stillo not making many loans. The government’s role in a capitalistid society, he said, “is to make the rulew and get off thedance floor.” Businesses and individualas that can’t pay their bills should resolve theirf problems in bankruptcy court, not with money from the he said. It’s a process that has workefd for decades, for generations. “Everyone has a lessom to learn here, including you and he said.
“We have to live withib our means.” Dotzour expects foreclosures rates to continue to real estate prices to fall more and cap rates to rise to at leasr 9 percent beforeleveling off. In 2010 and 2011, interest rates will beginm to rise, as will inflation. Once investors realize the market is at deals will begin toflow again, he said. In the he compared the bad loans that remainon banks’ bookd to a smelly cat litter box, and the feds keep throwingf more litter on top to mask the smell. But, they will eventually have to remove the organic materiapl to fixthe problem.
Thursday, November 8, 2012
Longtime Lanard & Axilbund hand starts a firm with new twist - Pittsburgh Business Times:
iqukikofor.wordpress.com
“Sometimes the worst of times are the bestof times,” Soloff Soloff is undaunted. After headinf up the retail group and becoming an equitg partnerat CL&A, his experience has givem him the confidence to not only venture into a new realn of real estate but to leave the comforts of one leasing — completely behind. “I’m viewing it as a very opportunistic time to take advantagew of betterbuying opportunities,” he said.
While he hasn’t pulledr the trigger on any deals yet, Soloff is scouring the East Coast to buy or build single-tenant, freestanding properties and grocery-anchored On the bigger deals, Soloff has a public life insurance companyy he can tap as an equitu partner and will seek local partners to jointy venture on deals. sold about one home for each of its communities during its fiscalfirst quarter, reflectingy the state of paralysis of the housintg market. Toll sold 266 homes totaling $127.8 million from 258 housinfg communities from where it is activelysellingg homes, according to its quarterly report.
Thoughb the first quarter includes colder monthd in which fewer salestypically occur, during the same period a year ago, Toll sold 647 homex totaling $375.1 million from 273 What Robert Toll, CEO of the Horsham thinks would help sell a lot of houses is a $15,009 tax credit for all home buyers and not the $8,00 0 credit just for new home buyers the Obams administration has proposed, according to the company’s first-quarter conference call. Toll is holding out hope the higherf credit for all buyers will make its way back into thestimulus package. If it does, Toll believes pricezs will eventual stabilize and prospective buyera will feelmore confident, and finallty buy houses again.
“Sometimes the worst of times are the bestof times,” Soloff Soloff is undaunted. After headinf up the retail group and becoming an equitg partnerat CL&A, his experience has givem him the confidence to not only venture into a new realn of real estate but to leave the comforts of one leasing — completely behind. “I’m viewing it as a very opportunistic time to take advantagew of betterbuying opportunities,” he said.
While he hasn’t pulledr the trigger on any deals yet, Soloff is scouring the East Coast to buy or build single-tenant, freestanding properties and grocery-anchored On the bigger deals, Soloff has a public life insurance companyy he can tap as an equitu partner and will seek local partners to jointy venture on deals. sold about one home for each of its communities during its fiscalfirst quarter, reflectingy the state of paralysis of the housintg market. Toll sold 266 homes totaling $127.8 million from 258 housinfg communities from where it is activelysellingg homes, according to its quarterly report.
Thoughb the first quarter includes colder monthd in which fewer salestypically occur, during the same period a year ago, Toll sold 647 homex totaling $375.1 million from 273 What Robert Toll, CEO of the Horsham thinks would help sell a lot of houses is a $15,009 tax credit for all home buyers and not the $8,00 0 credit just for new home buyers the Obams administration has proposed, according to the company’s first-quarter conference call. Toll is holding out hope the higherf credit for all buyers will make its way back into thestimulus package. If it does, Toll believes pricezs will eventual stabilize and prospective buyera will feelmore confident, and finallty buy houses again.
Tuesday, November 6, 2012
The next generation - St. Louis Business Journal:
iqukikofor.wordpress.com
Art Weiss, former executive vice president forwealth management, launchede to revive a tax credit business he startesd at Allegiant. The new companu will match investors seeking federal historic tax creditsundeer $1 million with developers using credits to finance His move comes within days of the expiratioj of his no-compete agreement with Nationa City Bank, which bought Allegiantg last year. The ink'ds drying on a one-year contract that names the exclusivr listing agent for the 25 unsold condose remainingat 's .
The deal came about as a result of a business relationship betweebnMarian Nunn, THF's chieg operating officer, and Dianed Davis, a former executive with who joined Bakewell in March as vice president and chief operating officer. The which range in size from 2,000 squared feet to 5,600 square feet and in pricde from $910,000 to $2.66 million, have a total listing valud ofabout $35 million. Actor Paul Newman will take the stage withthe ( ) during its performance at Carnegide Hall in New York City April 16. Newmajn has been tapped to deliver the narrative portion ofthe evening's More than 100 SLSO supporterw from St.
Louis will be in attendance, includinyg major donors Jack andSusan Taylor, Andy and Barbarw Taylor, and Jo Ann Taylor Kindle; as well as Cindyy Brinkley, president of and current SLSO chairman; The Presiden Donna Wilkinson, SLSO board former SLSO Chairman Virginia and Randy Adams, its president and chievf executive. The just openefd its redesigned cafe, named in honor of the sassafrazs grove located nearthe Garden'z . The remodel includes upholstered banquettes, botanical a skylight and elements such as tabletopss and divider walls made of recycled and environmentallyfriendlyy materials.
did the desigjn work, and handled the The project cost several hundrexd thousand dollarsto complete, said Peggy Lents, director of Veteran St. Louis broadcaster Jay Randolpj Sr. is the host of "Jay's Plays," a handicapping televisio n showat racetrack. Randolph gives his picks for the day'x action and recommendations for racing The show originates from the Fairmount paddock and is seen on monitorsx at the facility as well as simulcast to racetracksz acrossthe country. For Randolph handled sports for KSDK-TgV and also did play-by-plau for baseball.
Art Weiss, former executive vice president forwealth management, launchede to revive a tax credit business he startesd at Allegiant. The new companu will match investors seeking federal historic tax creditsundeer $1 million with developers using credits to finance His move comes within days of the expiratioj of his no-compete agreement with Nationa City Bank, which bought Allegiantg last year. The ink'ds drying on a one-year contract that names the exclusivr listing agent for the 25 unsold condose remainingat 's .
The deal came about as a result of a business relationship betweebnMarian Nunn, THF's chieg operating officer, and Dianed Davis, a former executive with who joined Bakewell in March as vice president and chief operating officer. The which range in size from 2,000 squared feet to 5,600 square feet and in pricde from $910,000 to $2.66 million, have a total listing valud ofabout $35 million. Actor Paul Newman will take the stage withthe ( ) during its performance at Carnegide Hall in New York City April 16. Newmajn has been tapped to deliver the narrative portion ofthe evening's More than 100 SLSO supporterw from St.
Louis will be in attendance, includinyg major donors Jack andSusan Taylor, Andy and Barbarw Taylor, and Jo Ann Taylor Kindle; as well as Cindyy Brinkley, president of and current SLSO chairman; The Presiden Donna Wilkinson, SLSO board former SLSO Chairman Virginia and Randy Adams, its president and chievf executive. The just openefd its redesigned cafe, named in honor of the sassafrazs grove located nearthe Garden'z . The remodel includes upholstered banquettes, botanical a skylight and elements such as tabletopss and divider walls made of recycled and environmentallyfriendlyy materials.
did the desigjn work, and handled the The project cost several hundrexd thousand dollarsto complete, said Peggy Lents, director of Veteran St. Louis broadcaster Jay Randolpj Sr. is the host of "Jay's Plays," a handicapping televisio n showat racetrack. Randolph gives his picks for the day'x action and recommendations for racing The show originates from the Fairmount paddock and is seen on monitorsx at the facility as well as simulcast to racetracksz acrossthe country. For Randolph handled sports for KSDK-TgV and also did play-by-plau for baseball.
Monday, November 5, 2012
Idaho Digital Learning Academy hires Starfish Retention Solutions - Charlotte Business Journal:
borislavamcoc.blogspot.com
IDLA, a 7-year-old state virtual school formed byIdaho legislature, offers online classes to students in the state. Starfish, an Arlington-basede maker of student-retention software, will help pinpoint at-risk studentsz in real time, based on their daily coursee work performance and then connect them tohelpfup resources. “One of the best ways to gauge student engagemeng is to keep track of how often they log in to theifronline courses. Unfortunately, this is also one of the greatest challenges,” said Ryan technology director for IDLA.
“With Starfish, we will know this in real and be able to reengage students and get them back in the Starfish will track when a studenty has not logged in to the course managementy system for more than a week and then let an appropriatreparty know. That same party will also be alertesd when a student gets two consecutive progress reporte with a score of less than 70 David Yaskin, founder and CEO of Starfish, is a He was the former vice presideng of product strategy and left the D.C. compan y in October 2007 to start Starfish.
IDLA, a 7-year-old state virtual school formed byIdaho legislature, offers online classes to students in the state. Starfish, an Arlington-basede maker of student-retention software, will help pinpoint at-risk studentsz in real time, based on their daily coursee work performance and then connect them tohelpfup resources. “One of the best ways to gauge student engagemeng is to keep track of how often they log in to theifronline courses. Unfortunately, this is also one of the greatest challenges,” said Ryan technology director for IDLA.
“With Starfish, we will know this in real and be able to reengage students and get them back in the Starfish will track when a studenty has not logged in to the course managementy system for more than a week and then let an appropriatreparty know. That same party will also be alertesd when a student gets two consecutive progress reporte with a score of less than 70 David Yaskin, founder and CEO of Starfish, is a He was the former vice presideng of product strategy and left the D.C. compan y in October 2007 to start Starfish.
Friday, November 2, 2012
University of Tennessee Health Science Center plans to build $50 million research center - Baltimore Business Journal:
meaning-sarajevo.blogspot.com
The building will be a mirror image ofthe 100,000-square-foot Cancer Research Building, whicy opened on Manassas in September 2007. That facility has 32 researchy laboratories, 33 offices and a 60-seat auditorium. The new tentatively called the Translational ScienceResearchg Building, will not include an auditorium and therefors will have more room for labs and offices. The TSRB will be joinedd with the Cancer Research Building by anelevated walkway. The new structure will be built just south of the existing buildingtowarde Union. Earlier this year, the state government gave UTHSC officialss permission to seeka $49 millionj bond from the Tennessee State Schoolo Bond Authority.
That bond has not yet been approved, but UTHSxC chancellor Hershel ‘Pat’ Wall says the project will get off thegroun “as soon as we get the money.” “Thizs will be a critical building for us,” Wall “It is the beginning of our new facility construction plan.” The UT system is in the midstr of a $1 billion capital campaign for infrastructure improvements acrosx all of its campuses. portion of that is $180 which will fund acquisitions, demolition, construction and renovatiobn projects.
UTHSC will pay more than $4 millionh annually to service the bond debt for the That debt willbe paid, Wall by moving heavily funded scientistsx into the new space. A portion of the funds researchersa get, mainly from the National Institutesof Health, will go to the universitg for lab space and equipment. Whilre Wall says it is not yet known what departmentzs or researchers would populate thenew building, he hopesx to move many from agingf spaces on campus, like the 80-year-olrd Crowe Research Building. Wall predicts construction to begij on the project early next year and foreseeda 2-2.5-year construction process.
president Steve Bares says the city’ss research efforts have been growinvg slower than predicted in the past fewyears because, he says, UTHSC just has not had enougg space. “Anything we can do to add space will be a kick starf to the biomedicaleffort here,” Bares “A strong UT is so importanf to the well-being of those efforts and so good researcg space makes all the difference in the When complete, the entire conjoined complex on Manassad will likely be called the Translational Sciencr Research Complex. Building I will continur to focus on cancer research from the collegexof medicine, pharmacy and dentistry.
UTHSC officials are now applyinghfor $10 million-$15 million in funds from the Americanb Recovery and Reinvestment Act to complete the CRB’s fourth floor. The space would be convertedx from shell space to laboratories thatRusty Johnson, UTHSC’s vice chancellord for research, says could create 30 new jobs and retain 25 The yet-built Building II will focus on research relatingh to cardiovascular disease, diabetes and When the CRB opened in it was the first new building to be buil t on the UTHSC campus in 17 years. The new Collegs of Pharmacy building is now undere construction at the Bioworks It is the firstmostly state-funded projec to be built for UTHSC in 20 years.
The building will be a mirror image ofthe 100,000-square-foot Cancer Research Building, whicy opened on Manassas in September 2007. That facility has 32 researchy laboratories, 33 offices and a 60-seat auditorium. The new tentatively called the Translational ScienceResearchg Building, will not include an auditorium and therefors will have more room for labs and offices. The TSRB will be joinedd with the Cancer Research Building by anelevated walkway. The new structure will be built just south of the existing buildingtowarde Union. Earlier this year, the state government gave UTHSC officialss permission to seeka $49 millionj bond from the Tennessee State Schoolo Bond Authority.
That bond has not yet been approved, but UTHSxC chancellor Hershel ‘Pat’ Wall says the project will get off thegroun “as soon as we get the money.” “Thizs will be a critical building for us,” Wall “It is the beginning of our new facility construction plan.” The UT system is in the midstr of a $1 billion capital campaign for infrastructure improvements acrosx all of its campuses. portion of that is $180 which will fund acquisitions, demolition, construction and renovatiobn projects.
UTHSC will pay more than $4 millionh annually to service the bond debt for the That debt willbe paid, Wall by moving heavily funded scientistsx into the new space. A portion of the funds researchersa get, mainly from the National Institutesof Health, will go to the universitg for lab space and equipment. Whilre Wall says it is not yet known what departmentzs or researchers would populate thenew building, he hopesx to move many from agingf spaces on campus, like the 80-year-olrd Crowe Research Building. Wall predicts construction to begij on the project early next year and foreseeda 2-2.5-year construction process.
president Steve Bares says the city’ss research efforts have been growinvg slower than predicted in the past fewyears because, he says, UTHSC just has not had enougg space. “Anything we can do to add space will be a kick starf to the biomedicaleffort here,” Bares “A strong UT is so importanf to the well-being of those efforts and so good researcg space makes all the difference in the When complete, the entire conjoined complex on Manassad will likely be called the Translational Sciencr Research Complex. Building I will continur to focus on cancer research from the collegexof medicine, pharmacy and dentistry.
UTHSC officials are now applyinghfor $10 million-$15 million in funds from the Americanb Recovery and Reinvestment Act to complete the CRB’s fourth floor. The space would be convertedx from shell space to laboratories thatRusty Johnson, UTHSC’s vice chancellord for research, says could create 30 new jobs and retain 25 The yet-built Building II will focus on research relatingh to cardiovascular disease, diabetes and When the CRB opened in it was the first new building to be buil t on the UTHSC campus in 17 years. The new Collegs of Pharmacy building is now undere construction at the Bioworks It is the firstmostly state-funded projec to be built for UTHSC in 20 years.
Tuesday, October 30, 2012
UnitedHealth: e-payments could save billions, help pay for health reform - Business Courier of Cincinnati:
tenamup.wordpress.com
A report released Tuesday by the healtg insurance giant claims the system couldsave $332 billion over the next 10 yearz if health providers update their technology. The Minn.-based parent of estimated 50 percent of the savings would go to hospitalsand doctors, 20 percentg to the federal government’s Medicare and Medicaide programs, and 30 percent to commercial payers. But UnitedHealty believes the government could institute policies to take a largert share to help pay forreform programs. “The resulting administrativs savings could help offset the subsidy cost of healty care expansion for the newly thereport said.
UnitedHealth said it drew on its expertis as one of the largest health technology companies in the Uniterd States to formulate the The number only includes administrative and doesn’t venture into how much coul d be saved in reducing wasteful medical costs what many experts have pointed to as a culpritr for driving up costs.Much of the $332 billio n in savings would come from getting rid of paper records of all types at providers. For UnitedHealth estimates morethan $108 billionm would be saved in printing, postage and administrativd costs by shifting paymentes and remittances to an electronicx format. National information systems also coulcdsave money.
UnitedHealth estimates more than $47 billiom could be saved if their was a national system to monitor and flag questionablhealth claims. This is the seconed major report UnitedHealth has issued amid the healthureform debate, which President Barack Obama considerds one of his top priorities. The health insurance giant said last month that the federal government coulrsave $540 billion in Medicared costs over the next 10 yearsa if it implemented some of the programs UnitedHealtj uses with its own
A report released Tuesday by the healtg insurance giant claims the system couldsave $332 billion over the next 10 yearz if health providers update their technology. The Minn.-based parent of estimated 50 percent of the savings would go to hospitalsand doctors, 20 percentg to the federal government’s Medicare and Medicaide programs, and 30 percent to commercial payers. But UnitedHealty believes the government could institute policies to take a largert share to help pay forreform programs. “The resulting administrativs savings could help offset the subsidy cost of healty care expansion for the newly thereport said.
UnitedHealth said it drew on its expertis as one of the largest health technology companies in the Uniterd States to formulate the The number only includes administrative and doesn’t venture into how much coul d be saved in reducing wasteful medical costs what many experts have pointed to as a culpritr for driving up costs.Much of the $332 billio n in savings would come from getting rid of paper records of all types at providers. For UnitedHealth estimates morethan $108 billionm would be saved in printing, postage and administrativd costs by shifting paymentes and remittances to an electronicx format. National information systems also coulcdsave money.
UnitedHealth estimates more than $47 billiom could be saved if their was a national system to monitor and flag questionablhealth claims. This is the seconed major report UnitedHealth has issued amid the healthureform debate, which President Barack Obama considerds one of his top priorities. The health insurance giant said last month that the federal government coulrsave $540 billion in Medicared costs over the next 10 yearsa if it implemented some of the programs UnitedHealtj uses with its own
Monday, October 29, 2012
Tedco awards $600K to tech firms - Atlanta Business Chronicle:
ejoxot.wordpress.com
The money was granted in collaboration withthe U.S. Army Medicalo Research and Materiel Command and the throughthe Ft. Detrick Technology Transfere Initiative. The purpose of the technology transfer programj is to raise awareness of new and developin technologies and funding them to transitiomn as viable projectsfor follow-on funding in the market place. Each company that receivedc funding was awardedapproximately $50,000 between March 2008 and May making up the initiative’s secons round of financial awards since its $750,000 programn extension. The funds for the program’s secondf phase were secured by Sen. Barbara D-Md., and Rep. Roscor G. Bartlett, R-Md. “The [Ft.
Detrico Technology Transfer Initiative] program is enabling area businessed to harness the technologies being developed at Fort Detrickm and apply them to thecommerciapl sector,” said Mikulski. “This will lead to new producta that have the power to create jobs andsave lives.” Mikulski announcerd the first phase of the tech transfee program in March 2005 when 11 companies received funding. in Rockville: The company is developingt a health care technology called miTag which is a scalable wireless sensor solution for improvinfgpatient flow. in The company is developing a technology callesd the GeNova Screento identify, and produce antibody-like molecules.
in The company is developing an on-demand biotecu products including a combination vaccind against plague and BioAssay Works LLCin Ijamsville: The compangy is developing a lateral-flow visual diagnostic test to detecy and differentiate single sample multiple pathogenic including variola, vaccinia, and in Catonsville: The company is safety-testingf a medical product called ClotFoam, which is a intracavitary hemostatic agent. CynerGene IDMP in Frederick: The companhy is developing, validating and implementing a supplemental diagnosisof HIV, and Dengue using its Infectiousz Disease Multiplex Panel approach, which could allow for creatioh of biosensors.
LLC in Baltimore: The companyu is developing required components and systejm framework to enable conversational interfaces for telemedicine Such tools would allow professional medics touse gesture, and other human-- computer interactions to accesx and document information in electronic medicak records. in Rockville: The company is developingh technology to preserve mammalian cells in dried format that can easilybe re-hydrated for a variety of LLC in Frederick: The company is evaluatinf the effect of Imagilim patented probiotics as a food supplement to enhance the immune responsivenesd of guinea pigs upon immunization or challenger with virulent pathogens.
The evaluation will suggest the ability of Imagilin patented probiotics to enhance the immunization ofa vaccine. in The company is developing micropatterned substrates for viralinfectivityt assays. Juxtopia in Baltimore: The compangy is customizing its Wearable Assistance and SituationaAwareness (WASA) goggles and service to alloqw U.S. Army combat medics to accesds and document information to electricao medical recordsvia hands-free voice-requestsz and voice-responses. in Baltimore: The companyh is developing cell therapies to treat brain and spinaplcord injuries.
The money was granted in collaboration withthe U.S. Army Medicalo Research and Materiel Command and the throughthe Ft. Detrick Technology Transfere Initiative. The purpose of the technology transfer programj is to raise awareness of new and developin technologies and funding them to transitiomn as viable projectsfor follow-on funding in the market place. Each company that receivedc funding was awardedapproximately $50,000 between March 2008 and May making up the initiative’s secons round of financial awards since its $750,000 programn extension. The funds for the program’s secondf phase were secured by Sen. Barbara D-Md., and Rep. Roscor G. Bartlett, R-Md. “The [Ft.
Detrico Technology Transfer Initiative] program is enabling area businessed to harness the technologies being developed at Fort Detrickm and apply them to thecommerciapl sector,” said Mikulski. “This will lead to new producta that have the power to create jobs andsave lives.” Mikulski announcerd the first phase of the tech transfee program in March 2005 when 11 companies received funding. in Rockville: The company is developingt a health care technology called miTag which is a scalable wireless sensor solution for improvinfgpatient flow. in The company is developing a technology callesd the GeNova Screento identify, and produce antibody-like molecules.
in The company is developing an on-demand biotecu products including a combination vaccind against plague and BioAssay Works LLCin Ijamsville: The compangy is developing a lateral-flow visual diagnostic test to detecy and differentiate single sample multiple pathogenic including variola, vaccinia, and in Catonsville: The company is safety-testingf a medical product called ClotFoam, which is a intracavitary hemostatic agent. CynerGene IDMP in Frederick: The companhy is developing, validating and implementing a supplemental diagnosisof HIV, and Dengue using its Infectiousz Disease Multiplex Panel approach, which could allow for creatioh of biosensors.
LLC in Baltimore: The companyu is developing required components and systejm framework to enable conversational interfaces for telemedicine Such tools would allow professional medics touse gesture, and other human-- computer interactions to accesx and document information in electronic medicak records. in Rockville: The company is developingh technology to preserve mammalian cells in dried format that can easilybe re-hydrated for a variety of LLC in Frederick: The company is evaluatinf the effect of Imagilim patented probiotics as a food supplement to enhance the immune responsivenesd of guinea pigs upon immunization or challenger with virulent pathogens.
The evaluation will suggest the ability of Imagilin patented probiotics to enhance the immunization ofa vaccine. in The company is developing micropatterned substrates for viralinfectivityt assays. Juxtopia in Baltimore: The compangy is customizing its Wearable Assistance and SituationaAwareness (WASA) goggles and service to alloqw U.S. Army combat medics to accesds and document information to electricao medical recordsvia hands-free voice-requestsz and voice-responses. in Baltimore: The companyh is developing cell therapies to treat brain and spinaplcord injuries.
Sunday, October 28, 2012
Maximize your first 30 minutes with Windows 8 - PCWorld (blog)
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LAPTOP Magazine (blog) | Maximize your first 30 minutes with Windows 8 PCWorld (blog) It's likely most early Windows 8 adopters will be using displays that lack Windows 8's ten-point multi-touch capability, though a few may spring for some of the shiny new systems that bring the touch interface to mainstream laptops and » |
Bleacher Report | No. 14 Clemson Tigers at Wake Forest Demon Deacons: Preview, prediction, TV ... CBSSports.com (blog) Wake Forest -- Cornerback Kevin Johnson has interceptions in each of his last two games and also recovered a fumble Saturday. You going? Ranking the road trip: Wake is 3-1 at home during Thursday night games, including a 12-7 win over Clemson in ... Wake Forest might not have to do more with less for much longer. Elon men hold off Wake Forest Clemson vs. Wake Forest: TV Schedule, Live Stream, Radio, Game Time and More |
Monday, October 22, 2012
GM to sell Hummer to Chinese company - The Business Journal of Milwaukee:
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The announcement comes one day after GM filed for Chapter 11 bankruptcy protection with plans to become aleaned company. The Milwaukee-area's only Hummer dealership is run by Bergstro Automotive and is locatedon Milwaukee's far northwesf side. The automaker said it has a memorandum of understanding (MoU) and that the sale is expected to close by the end of third quartef of this year. The deal is expecteed to secure morethan 3,000 U.S. jobs in engineering and at Hummer dealerships arounfthe country. The company said the proposedc transaction calls for the new Hummer owner to continue to contract vehicle manufacturing and business servicew from GM during a defined transitionakltime period.
For example, under the proposed GM’s Shreveport, La., assembly plant woulfd continue to assemble the H3 and H3T through atleast 2010. GM is also trying to sell its Saab and Saturmn brands and will phased out itsPontiac brand.
The announcement comes one day after GM filed for Chapter 11 bankruptcy protection with plans to become aleaned company. The Milwaukee-area's only Hummer dealership is run by Bergstro Automotive and is locatedon Milwaukee's far northwesf side. The automaker said it has a memorandum of understanding (MoU) and that the sale is expected to close by the end of third quartef of this year. The deal is expecteed to secure morethan 3,000 U.S. jobs in engineering and at Hummer dealerships arounfthe country. The company said the proposedc transaction calls for the new Hummer owner to continue to contract vehicle manufacturing and business servicew from GM during a defined transitionakltime period.
For example, under the proposed GM’s Shreveport, La., assembly plant woulfd continue to assemble the H3 and H3T through atleast 2010. GM is also trying to sell its Saab and Saturmn brands and will phased out itsPontiac brand.
Sunday, October 21, 2012
New Resource Bank gets cease-and-desist order from regulators - San Francisco Business Times:
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The $166 million San Francisci bank gota cease-and-desist order from the and the Californis Department of Financial Institutionsw on May 29. The bank was ordered to pay particula r attention to its lending polices relating to constructioj loans as well as loans made to bank The bank said the order was basedr onthe bank’s condition on Sept. 30, and that it has alreadyh made some progress on meeting theregulators demands. “New Resourcew Bank currently has high levelzs of capitaland liquidity,” Vincent Siciliano, presidentt and CEO, said in a statement.
“Like many financial we are facing a challenging economicd climate that resultedin under-performing loans in the real estate construction and developmenty sector. “We are working with borrowers to reduceeour problem-loan exposure and have made significant Siciliano said. The bank raised almosr $15 million in a stocm offeringlast September. As of March 31, the bank said its risk-basee capital ratio was 18.97 percent -- almosgt double the 10 percent benchmark of a bank considered well In addition to bringing on Sicilianoas CEO, the bank also hired Bill Peterson as chief credit officer and Charmaine Detweilet as chief financial officer.
The bank’sx board also recently elected Mark Finser as He has 25 years of experience insociap finance. New Resource Bank, now serving 2,000 clients, opened in Octoberr 2006 to promote green businesseeand practices.
The $166 million San Francisci bank gota cease-and-desist order from the and the Californis Department of Financial Institutionsw on May 29. The bank was ordered to pay particula r attention to its lending polices relating to constructioj loans as well as loans made to bank The bank said the order was basedr onthe bank’s condition on Sept. 30, and that it has alreadyh made some progress on meeting theregulators demands. “New Resourcew Bank currently has high levelzs of capitaland liquidity,” Vincent Siciliano, presidentt and CEO, said in a statement.
“Like many financial we are facing a challenging economicd climate that resultedin under-performing loans in the real estate construction and developmenty sector. “We are working with borrowers to reduceeour problem-loan exposure and have made significant Siciliano said. The bank raised almosr $15 million in a stocm offeringlast September. As of March 31, the bank said its risk-basee capital ratio was 18.97 percent -- almosgt double the 10 percent benchmark of a bank considered well In addition to bringing on Sicilianoas CEO, the bank also hired Bill Peterson as chief credit officer and Charmaine Detweilet as chief financial officer.
The bank’sx board also recently elected Mark Finser as He has 25 years of experience insociap finance. New Resource Bank, now serving 2,000 clients, opened in Octoberr 2006 to promote green businesseeand practices.
Friday, October 19, 2012
Archway doubles in size with acquisition of Resolve division - Business Courier of Cincinnati:
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has completed its purchase of the supply chain management divisionof Toronto’se Resolve Business Outsourcing Income Fund. Archway paid aboutf $21 million for the divisionm ofResolve (TSX: RBO.UN). The deal includec client contracts, eight American locations and fiveCanadian locations, as well as approximately 800 employees, according to a presxs release from Resolve. As a result of the deal, Archway has nearlg doubled in size to annual revenuews ofabout $200 million and close to 1,500 employeesw and 3.5 million squarse feet of distribution space, Archway said in its press Archway is a marketing operationx management company that assists firmw with rebates and consumer promotions.
It is also one of the largestf managers and inNorth America. Archway has more than 40 clients, including Mars, Ford, MasterCard, Subway, Taco and Microsoft. Resolve’s supply chain management divisiomn has approximately 225 clientsincluding Honda, Miller Brewing, Pepsi, Staples, Philip Morris, Procter & Gamble and Kimberly-Clark. Archwa y said this deal will help it gain more economiesa of scale and land more business in the turbulent fulfillment andpromotionds industry. “Major brands are streamlining their marketingh resources and looking for partners they can count on to performm the work ofmultiple vendors,” stated Mike president of Archway.
“More importantly, they need to be confidenyt that their partners are goinhg to be in business tomorroq andnext year.” Archway is privately held. In Novembeer 2008, Tailwind Capital Partners and Black Canyon Capital acquire d the company along with the Archway management team.
has completed its purchase of the supply chain management divisionof Toronto’se Resolve Business Outsourcing Income Fund. Archway paid aboutf $21 million for the divisionm ofResolve (TSX: RBO.UN). The deal includec client contracts, eight American locations and fiveCanadian locations, as well as approximately 800 employees, according to a presxs release from Resolve. As a result of the deal, Archway has nearlg doubled in size to annual revenuews ofabout $200 million and close to 1,500 employeesw and 3.5 million squarse feet of distribution space, Archway said in its press Archway is a marketing operationx management company that assists firmw with rebates and consumer promotions.
It is also one of the largestf managers and inNorth America. Archway has more than 40 clients, including Mars, Ford, MasterCard, Subway, Taco and Microsoft. Resolve’s supply chain management divisiomn has approximately 225 clientsincluding Honda, Miller Brewing, Pepsi, Staples, Philip Morris, Procter & Gamble and Kimberly-Clark. Archwa y said this deal will help it gain more economiesa of scale and land more business in the turbulent fulfillment andpromotionds industry. “Major brands are streamlining their marketingh resources and looking for partners they can count on to performm the work ofmultiple vendors,” stated Mike president of Archway.
“More importantly, they need to be confidenyt that their partners are goinhg to be in business tomorroq andnext year.” Archway is privately held. In Novembeer 2008, Tailwind Capital Partners and Black Canyon Capital acquire d the company along with the Archway management team.
Thursday, October 18, 2012
Challenges Facing Cowboys This Week - ESPN (blog)
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Challenges Facing Cowboys This Week ESPN (blog) The Carolina Panthers are hoping the bye week has helped wipe the slate clean after their disappointing 1-4 start and they'll come back on Sunday re-energized. Quarterback Cam Newton, for one, said he feels refreshed. Last year's AP Offensive Rookie of ... |
Wednesday, October 17, 2012
Census Bureau: Cary, Raleigh among top 10 fastest-growing U.S. cities; Durham in top 20 - Houston Business Journal:
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Raleigh, Cary and Durham ranked among the 25 fastest growingg large cities in the nation for the 12 months that endedJuly 1, the said in its annual population estimatews released Wednesday. Cary, whicuh saw its population increasby 6.9 percent, to 129,545, as of July 1, was the nation’s thirx fastest growing city. Raleigh’s population climbed by 3.8 to 392,552, making North Carolina’s capital the eighth fastesft growing city. Durham was rankedr 16th with a 3percent increase. Its population rose to New Orleans experiencedan 8.
2 percenft increase in its which rose to 311,853, making the city ravaged by Hurricande Katrina in 2005 the fastest growing city amontg places with populations greater than 100,000. which saw its population increaseby 2.7 to 687,456, was ranked 23rd. Only Texas with seven cities – had more citiexs on the list thanNorth Carolina. Rounf Rock, Texas, experienced an 8.2 percent increase, with its population risingf to 104,446, putting the Texas city in seconfd place. Colorado and California each had threr cities on the top25 list.
Raleigh, Cary and Durham ranked among the 25 fastest growingg large cities in the nation for the 12 months that endedJuly 1, the said in its annual population estimatews released Wednesday. Cary, whicuh saw its population increasby 6.9 percent, to 129,545, as of July 1, was the nation’s thirx fastest growing city. Raleigh’s population climbed by 3.8 to 392,552, making North Carolina’s capital the eighth fastesft growing city. Durham was rankedr 16th with a 3percent increase. Its population rose to New Orleans experiencedan 8.
2 percenft increase in its which rose to 311,853, making the city ravaged by Hurricande Katrina in 2005 the fastest growing city amontg places with populations greater than 100,000. which saw its population increaseby 2.7 to 687,456, was ranked 23rd. Only Texas with seven cities – had more citiexs on the list thanNorth Carolina. Rounf Rock, Texas, experienced an 8.2 percent increase, with its population risingf to 104,446, putting the Texas city in seconfd place. Colorado and California each had threr cities on the top25 list.
Monday, October 15, 2012
Giants/St.Louis mayoral wagers now involve Twitter - San Francisco Chronicle (blog)
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San Francisco Chronicle (blog) | Giants/St.Louis mayoral wagers now involve Twitter San Francisco Chronicle (blog) Mayor Ed Lee's friendly bet with St. Louis mayor Francis Slay now involves 2012-era Internet embarrassment for the mayor of the team that loses the NLCS faceoff between the Giants and the Cardinals. The requisite food aspect is included â€" San . .. |
Sunday, October 14, 2012
WHY GAS PRICES SKYROCKETED IS STILL A MYSTERY - U-T San Diego
authors-morphology.blogspot.com
WHY GAS PRICES SKYROCKETED IS STILL A MYSTERY U-T San Diego News». WHY GAS PRICES SKYROCKETED IS STILL A MYSTERY. Market overreaction, possible collusion considered after spike. Comments ( ). Share: TweetFacebookEmail; PrintSave. Photo of ... |
Friday, October 12, 2012
Poll: Most don't want higher income taxes - Los Angeles Business from bizjournals:
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This week, State Controller John Chiang said the stateis "lesds than 50 days away from a meltdown of Statwe government." Many say additional fees and/or taxed are impossible to avoid if the stat is going to continue That was the subject of this week's Los Angeles Businessx from bizjournals Business Pulse survey. The resultd of the question "Would you pay more in personalk state income taxes to reduce the budget shortfalklin California?
" broke down as follows: "Californiaq already is the most heavilyh taxed state in the If our elected officials haven't figured out how to work within the currentf budget restraints how will givinfg more money to them make them more These clowns need to figure it out prontko or let's get rid of them and startf over." "The 'tax and spend' party has killed the goldenm goose. Now they have to face the reality of reduced revenues and limited borrowing Welcome to the realworld - our "I have to live within a budget and so do they!
" "I say because current government officials have clearly demonstrated via theire prior spending decisions that they do not support economic prosperity for the majority of Californians." This week'z question continues on the topic of prosperity, or lack in these tough economic times. Go to our homepaged and vote in ournew ?
This week, State Controller John Chiang said the stateis "lesds than 50 days away from a meltdown of Statwe government." Many say additional fees and/or taxed are impossible to avoid if the stat is going to continue That was the subject of this week's Los Angeles Businessx from bizjournals Business Pulse survey. The resultd of the question "Would you pay more in personalk state income taxes to reduce the budget shortfalklin California?
" broke down as follows: "Californiaq already is the most heavilyh taxed state in the If our elected officials haven't figured out how to work within the currentf budget restraints how will givinfg more money to them make them more These clowns need to figure it out prontko or let's get rid of them and startf over." "The 'tax and spend' party has killed the goldenm goose. Now they have to face the reality of reduced revenues and limited borrowing Welcome to the realworld - our "I have to live within a budget and so do they!
" "I say because current government officials have clearly demonstrated via theire prior spending decisions that they do not support economic prosperity for the majority of Californians." This week'z question continues on the topic of prosperity, or lack in these tough economic times. Go to our homepaged and vote in ournew ?
Thursday, October 11, 2012
No arrests reported at Occupy 'tent city' in South Austin - Austin American-Statesman
grearqakususi1426.blogspot.com
No arrests reported at Occupy 'tent city' in South Austin Austin American-Statesman Update, 2:35 p.m.: A newly reorganized group of Occupy Austin members was dispersed Thursday morning after setting up a “tent city†campsite in South Austin overnight. Occupy member Peter Cooper said the group was approached by police at a vacant lot ... |
Wednesday, October 10, 2012
From a TV show, a new Romney slogan: 'Clear eyes and full hearts, America can ... - Washington Post
elisovadinaimar.blogspot.com
Politico (blog) | From a TV show, a new Romney slogan: 'Clear eyes and full hearts, America can ... Washington Post WASHINGTON â€" “Clear eyes and full hearts â€" and America can't lose.†It's Mitt Romney's campaign trail twist on the inspirational slogan from “Friday Night Lights,†the gritty but poignant TV series about footb » |
Monday, October 8, 2012
Health reform details emerge - Minneapolis / St. Paul Business Journal:
eragywaqer.wordpress.com
percent of the cost of health insurance premiumszfor full-time employees under the health care reformk bill being considered by the They also would be required to pick up at leasrt some of the tab for insuring part-tim employees. Businesses that don’t provide this minimum level of coveragee would be required to pay the federal government a fee basedr on 8 percent of their Small businesses undera yet-to-be-determined threshold wouldr be exempted from this “play or pay” requirement.
The chairmen of three House committee with jurisdiction over health care introducede draft legislationJune 19, offeringf the most details yet on how health care reforkm could affect small businesses. Under the small businesses and individuals coulc shop for insurance through anationall exchange, which would include a government-run plan and privatse insurers. Tax credits would be available to help small businessesw affordthe coverage. Health insurance premiums for U.S. businesse s increased by 9.2 percent this and are expected to increase another 9 percenytnext year, according to PricewaterhouseCoopers. Small businesses ofteh face much higherrate hikes.
While most small businessea agree the current health insurance marketis dysfunctional, there’s a lot of disagreementy over whether the House bill would cure the problem or just make it Mike Draper, who owns a retail clothingh store and design business calleed Smash in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan would hold down premiumas by creating more competition in the marketplace. Draperd doesn’t offer health insurance to itssevem full-time workers, but reimbursez them for the cost of policies they buy on theif own. That’s fine with his employees, who are single and in theire 20s.
The reimbursements now account for 6 percenyof Smash’s payroll, but that could jump to 22 percent in four when Draper expects everyoner on his management team to have children, creatinhg the need for family plans. His businesds couldn’t handle that expense, he said. If the Housre bill were enacted, he would considetr buying insurance through the exchange if it were easyto use. But he might decide to pay the 8 percenty payrollfee instead, then reimburse his employees for some of the cost of the policiesa they purchase through the exchange. Drape r thinks employers should be requirede to help pay fortheir employees’ health insurance.
Like Sociakl Security contributions, this sort of responsibility is “kinxd of what you signed up for” when you becomer a business owner, he said. Other small business owners, however, thino the House bill imposes too tough of a standardc onsmall businesses. The requirement to pay 72.5 percent of an employee’se premium for individual coveragew “is much too high for many small businesses,” says Karemn Kerrigan, president and CEO of the SmalloBusiness & Entrepreneurship Council. The only way many smalkl businesses can afford coverage is by making employees pick up more of the she said. Arlington, Va.-based Company Flower & Gifts Too!
, for example, pays 50 perceny of the cost of health insurance forseveh full-time employees. Even that may not be affordabldenext year, because “oudr rates are going to skyrocket,” co-owner John Nicholson told the House Small Business Committee earlier this
percent of the cost of health insurance premiumszfor full-time employees under the health care reformk bill being considered by the They also would be required to pick up at leasrt some of the tab for insuring part-tim employees. Businesses that don’t provide this minimum level of coveragee would be required to pay the federal government a fee basedr on 8 percent of their Small businesses undera yet-to-be-determined threshold wouldr be exempted from this “play or pay” requirement.
The chairmen of three House committee with jurisdiction over health care introducede draft legislationJune 19, offeringf the most details yet on how health care reforkm could affect small businesses. Under the small businesses and individuals coulc shop for insurance through anationall exchange, which would include a government-run plan and privatse insurers. Tax credits would be available to help small businessesw affordthe coverage. Health insurance premiums for U.S. businesse s increased by 9.2 percent this and are expected to increase another 9 percenytnext year, according to PricewaterhouseCoopers. Small businesses ofteh face much higherrate hikes.
While most small businessea agree the current health insurance marketis dysfunctional, there’s a lot of disagreementy over whether the House bill would cure the problem or just make it Mike Draper, who owns a retail clothingh store and design business calleed Smash in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan would hold down premiumas by creating more competition in the marketplace. Draperd doesn’t offer health insurance to itssevem full-time workers, but reimbursez them for the cost of policies they buy on theif own. That’s fine with his employees, who are single and in theire 20s.
The reimbursements now account for 6 percenyof Smash’s payroll, but that could jump to 22 percent in four when Draper expects everyoner on his management team to have children, creatinhg the need for family plans. His businesds couldn’t handle that expense, he said. If the Housre bill were enacted, he would considetr buying insurance through the exchange if it were easyto use. But he might decide to pay the 8 percenty payrollfee instead, then reimburse his employees for some of the cost of the policiesa they purchase through the exchange. Drape r thinks employers should be requirede to help pay fortheir employees’ health insurance.
Like Sociakl Security contributions, this sort of responsibility is “kinxd of what you signed up for” when you becomer a business owner, he said. Other small business owners, however, thino the House bill imposes too tough of a standardc onsmall businesses. The requirement to pay 72.5 percent of an employee’se premium for individual coveragew “is much too high for many small businesses,” says Karemn Kerrigan, president and CEO of the SmalloBusiness & Entrepreneurship Council. The only way many smalkl businesses can afford coverage is by making employees pick up more of the she said. Arlington, Va.-based Company Flower & Gifts Too!
, for example, pays 50 perceny of the cost of health insurance forseveh full-time employees. Even that may not be affordabldenext year, because “oudr rates are going to skyrocket,” co-owner John Nicholson told the House Small Business Committee earlier this
Sunday, October 7, 2012
Profits jump at M&S and Zara supplier Ciel Textiles - Reuters
qalymeled.wordpress.com
Profits jump at M&S and Zara supplier Ciel Textiles Reuters Listed on Mauritius's secondary Development and Enterprise Market, Ciel Textiles said earnings per share rose to 4.50 rupees from 1.86 rupees a year earlier. The shares closed at 16.50 rupees on Wednesday. ($1=30.4500 Mauritius rupees) (Reporting by ... |
Saturday, October 6, 2012
Jim McGuire captures Music City legends - The Tennessean (blog)
ethelbertdiya3334.blogspot.com
The Tennessean (blog) | Jim McGuire captures Music City legends The Tennessean (blog) The canvas isn't the biggest deal about McGuire, though. It's cool and everything, but not magic. I've taken a few photos on my smartphone of folks sitting in front of that backdrop, and they look like cute little photos. Then I've seen the shots ... |
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