Wednesday, February 29, 2012

St. Francis sisters may file HMC plan - Washington Business Journal:

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The Hawaii Medical Center had exclusive authority to file a reorganization plan for the ailingbformer St. Francis hospitals. The center submitted its plan onMarcnh 30. In denying the extension requeston Monday, U.S. Bankruptcy Court Judgw Robert Faris said this will help brinb the bankruptcy to asuccessful conclusion. On June 22, Farisx approved Hawaii Medical Center’s disclosure statement, whicyh was viewed as a key step towarf implementing the strugglinghospital system’s reorganizationb plan. Still, creditors will vote to approvw orreject HMC’s plan sometime after a hearinv scheduled for Aug. 3.
In a prepared statement, HMC Chiefd Operations and Restructuring Officer Salij Hasham saidthe company’s plan builds on the progresws made in turning around the “While we believe that our plan offers the best option for Hawaii Medical Centerd to thrive and continuee to serve the community, we know that others have their own ideas for restructuring and we welcome their participationh in the process,” he said. Officiale at Hawaii Medical Center, which bought the struggling former St. Francis hospitals in Ewa and Liliha more than two yearsd agofor $68 million, filed for Chapter 11 bankruptc last August. They have since said they paid too much and wanta do-overt of the deal.
St. Francis Healthcare System of Hawaii, the Roman Catholid religious order which provides most of the financing in the January 2007 and other creditors have objectedto HMC’s In an objection it filed with the court July 10, St. Francids officials called the planan “ill-conceived and gap-filled and said HMC officials “merely seek to prolongg exclusivity to maintain their head start and to disadvantagr others who seek a say in this reorganization, an inappropriate use of exclusivity as a meanas to pressure creditors and leverage parties in interest.” St. Francix now says it will file its own reorganizatiohn plan forthe hospitals.
“This opens the door for us to put together and submit our own plan which will be beneficialo for theother creditors, the communituy and our health-care system,” said CEO Sister Agnell Ching in a prepared statement to PBN. Hawaiki Medical Center is a partnership betweenCHA Hawaii, an affiliate of Cardiovasculatr Hospitals of America and Hawaii Physiciann Group LLC, which is a group of more than 130-Hawaij based physicians. It is Hawaii’s only for-profitt hospital system.

Monday, February 27, 2012

Skybus CEO out, successor named - The Business Journal of the Greater Triad Area:

http://collaborativeucd.com/?p=33
Hodge, 35, has served as chiegf financial officerfor Columbus, Ohio-based Skybus sinc e March 2007. Diffenderffer informed the Skybus board of directors he is resignintg to return tothe book-writingb career he left in 2005 when he joined the startu p airline as CEO. "The board has great confidence in the ability of Mike along with our president and COO Ken to lead the company into the next phase of its said C. Robert Kidder, chairman of the Skybuws boardof directors. "Mike's understanding of the keys to successdfor Skybus, his strong work ethif and his commitment to Skybus values are amony the reasons the board asked Mike to lead Skybus at this crucial phase of our growth.
" Hodge joined Skybus in 2007 after serving as a managing director and airlined industry analyst at Tiger Management, a major New York-based hedged fund that participated in the initial equity fundinv of Skybus. He is a graduate of Princetomn University and the HarvardBusiness School. Diffenderffef steps down weeks after the company bega n reducing and cutting routes and curbing expansiojn plans at its Columbus and Greensboro hubs in light of heavyt increases in fuel The airline also has raisedr its reservation charge and baggage and priority seatin fees inrecent weeks. In the third quarter of Skybus' first full quarter of the company loggeda $16.
w2 million loss on $22 million in operatingf revenue, according to statistics from the U.S. Department of

Saturday, February 25, 2012

Bogut gets positive news from ankle scan - Milwaukee Journal Sentinel (blog)

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Globe and Mail


Bogut gets positive news from ankle scan

Milwaukee Journal Sentinel (blog)


By Charles F. Gardner of the Journal Sentinel Bucks center Andrew Bogut underwent a scan on his fractured left ankle and received some positive news after the results were analyzed by team orthopedic surgeon Michael Gordon and several other specialists ...


Buck s C Bogut won't need surgery on fractured left ankle; still expected to ...

Minneapolis Star Tribune


Bucks' Bogut recovering as planned

Chicago Tribune



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Thursday, February 23, 2012

Sycamore books loss as revenue plummets - Boston Business Journal:

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million in the most recent quarter as demanr for its optical network productsremainas lackluster. The company’s stock (Nasdaq: SCMR) rose 13 percent to $3.60 a share in Thursdayt morning trading, as its loss was smaller than whatanalystws expected. The company’s stock is up 34 percengt this year. Chelmsford, Mass.-based Sycamore’s net loss for the quarter ende April 25 was nearly identical tothe company’sd year-ago performance. Revenue in the quarter rose 10 percentyto $22.98 million. In a presz release, Sycamore CEO Daniel Smith said the company continuees to operate in a challengingbusiness environment.
The company’s revenue during the firsyt nine months of its fisca l yearwas $50.1 million, compared with $100.54 million in the year-ago period. Sycamore’s balance sheey remains strongwith $714 million in cash and short-term investments. Totakl liabilities were only $32.2 million at the end of the quarter, the compan y said. The company’s market capitalizationm is about $1 billion.

Tuesday, February 21, 2012

Quebecer wins film fest nod in Berlin for War Witch - TheChronicleHerald.ca

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Sydney Morning Herald


Quebecer wins film fest nod in Berlin for War Witch

TheChronicleHerald.ca


February 21, 2012 - 4:31am By AP BERLIN (AP) â€" A Canadian filmmaker didn't win the top prize but won't return home empty-handed from the Berlin International Film Festival. Quebec director Kim Nguyen received a special mention for War Witch.


Italy basks in glow of Golden Bear: Film community elated over victory of ...

Chicago Tribune


Berlin film fest awards Canadian film's actress top prize

Vancouver Sun


Italy's 'Caesar Must Die' wins Berlin film fest

AZ Central.com


ABC Online -Daily News Egypt -StyleBistro


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Thursday, February 16, 2012

Cancer network nears $20M for research - Washington Business Journal:

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Under the program, pharmaceuticalk companies provide grants to the networjk to have oncologists at its 21 member organizationd conduct research studiesof anti-cancef drugs. During the past four NCCN hassecured seven-figure grants from more than a half-dozenj pharmaceutical and biotechnology companies, including area drug developers , , and Cephalon. Now, NCCN is lookinhg to add grants for clinical trials of cancere therapies in clinical developmeng to its oncologyresearch “We are in discussions with a couplwe of companies about pre-approval said William T. McGivney, the organization’sa CEO. “We’re getting [the researcj program] out of the pilot phase.
I think the prograkm has substantial potentialto expand.” McGivney said pharmaceuticaol companies like working with NCCN because it has developedx a track record of conducting studiesx and getting results published in leadingb medical journals. The network accomplishes both tasksx through its access to leading cancer specialists at its 21member institutions, which include Fox Chase Cancere Center in Philadelphia. Those oncologists, McGivney provide care to 160,000 new cancer patients a year, which representzs about 10 percent of all new cancer patients in theUnitexd States.
NCCN’s oncology research prograk also organizes scientific advisory boards to work with drug companieds to evaluate potential uses of promising therapeutic agentxs and provide advice on the best avenues of research to The program’s largest single grant to date came earliefr this year from Wyeth Pharmaceuticals, of Collegeville, which providex NCCN with $4 million to support clinical studies of Torisel. The drug has FDA approvalk to treat advanced renaplcell carcinoma.
Mikael Dolsten, president for researcbh and development atWyeth Pharmaceuticals, said the collaboration “represents a unique opportunity to benefit from the research expertise of NCCN and their membed institutions as we explore the potential of Torisekl in the treatment of a variety of solid While NCCN has in place a moratorium on addingf new members, it is considering lifting the ban and addinhg new cancer centers in both the United States and in other partz of the world. Such an McGivney said, would allow NCCN’s oncolog research program to get involverd in internationaldrug studies.
a nonprofit organization, was formed in 1995 primarilh to improve the quality of care beingg delivered tocancer patients. Member institutions created clinical practice guidelines for use by patientssand doctors. The McGivney said, also gave cancer centerd a way to band together tobattle managed-care companiexs which, in the early 1990s, were becoming more aggressiv e in dictating what type of care they wouldd cover. Today, McGivney NCCN’s Clinical Practice Guidelines in Oncologhy are the recognized standard clinical policy and used forcoverager decision-making by the Medicais and Medicare programs and many private insurers.

Tuesday, February 14, 2012

Possible new use for Adolor drug abandoned - Philadelphia Business Journal:

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Alvimopan is the active ingredient in an Adolor drug that received Food and Drug Administratioj approval in March as a treatment for patients suffering frompostoperativ ileus, a gastrointestinal disorder, following bowel resection surgery. Adolor of Exton, Pa., developed Entereg in a partnershipp withGlaxoSmithKline (NYSE:GSK), which earlier this year declined its option to develo p the drug as a treatment for chronicf OBD. “Over the past few we have conducted an extensive analysiw of ourOBD program,” said Michael R. Adolor’s president and CEO.
“While we have made the difficult decision to discontinue developmengt of alvimopanin OBD, we remaim committed to finding treatments for the millions of patients sufferinhg from this debilitating condition.” Adoloer said the decision was based primarily on the cost of additiona l clinical trials and the limited “commercial life” remaininv before the company’s patents expire for alvimopan in OBD. Doughertyg said the company is focusing its futurw efforts in chronic OBD on asecond proprietary, smalol molecule drug it has in developmenyt to treat the condition.
Adolor is also continuing its developmengt of two pain relief products in a partnershipl withPfizer (NYSE:PFE).

Sunday, February 12, 2012

NBC Universal, Microsoft strike ad alliance - bizjournals:

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Terms of the deal were not Admira analyzes demographic data on viewers to generatre more targeted TV ads and also adds automatioh to thebuying process. The two companiess tested the system, using Admira with the NBC Local Mediaz group in March to buy and sell locall television ads inLos Angeles. "Our initiall test of the systein L.A. is off to a great start. Admira provided us with the potential to help attractg an entirely new segment of advertiserx to thelocal marketplace, particularly smalk and midsize businesses that might not otherwise be able to buy locakl television station advertising, which is a huge leap forward.
" Frank Comerford, president of platform development and commercial operations for NBC Local Media, said in a The full partnership is set to begin in the The two giants are more known through their link through MSNBC.

Friday, February 10, 2012

Governor's Exporter of the Year talks tons of abalone - Pacific Business News (Honolulu):

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The annual award is grantedd to acknowledge outstanding contributions to exporting from The nomination and judging process is managed by the Departmenytof Business, Economic Development and Tourism with supportf of other state and federal agenciesa as well as businesses. Hawaii is quickly becoming the abalone producing capital ofthe world, outpacing competitores in California, Australia and Japan, thanks in whole to Big Islansd Abalone and its cutting-edge production and marketinv techniques.
Big Island Abalone is an aquaculture business operatinbg in the Hawaii Ocean Sciences and Technologyy park at Keahole Point on the Big When it reaches fullproduction capacity, the abalonee company will produce upward of 100 tons of abalon e annually. A majority of its product is consumecin Japan, to whicg 90 percent of the product is shipped Last year, the Big Island Abalonr boasted that it would double the state's $22 milliob in aquaculture exports by the end of 2003, the corporatio n Web site reported. One of the ways the company planned to accomplish that feat was pairing up with othedr corporations to sell abalone innontraditional ways.
In 2002 Big Islane Abalone teamed upwith Jalpak, a largew travel agency, to deliver "Jalpak omiyage gift The omiyage gift packs consist of six chilled, live abalonee packed neatly in carry-on cases for visitor s from Japan. Another marketing technique employed by Big Island Abalone is the brandinyg of Kona Coast Abalone asa premium, reliablre and predictably priced sourcre of abalone. Each year, Big Island Abalone's holding tanks in Tokyo keep the smorgasbord of abalone fresh and aliveaftef transport. Even Chef Morimoti and Chef Tan of the popular televisionshow "Thde Iron Chef" wanted in on the action.
Morimotlo said he wishes to include the producty in his chain of and Tan is developing product lines along with abalone producersin Japan. Big Islansd Abalone was selected forthe Governor' Exporter of the Year Award from a field of applicants involved in The annual awards also include accolades in seveb categories of export: Blue Planet Software Inc. won as Exportef of High Technology. Blue Planet is knownb for developing Tetris, a staple among computer games, and for pairin g up with Japanese software-maker G-Modr to redesign games softwarse to be compatible with mobile Another Exporter of High Technology award went to Oceanicx ImagingConsultants Inc.
for its development of sea-flood imaging software and systems that acquird data forunderwater mapping. Oceanic Imaginbg was originally formed in the ManowInnovation Center. Makai Ocean Engineering Inc. won the Exporterr of Professional Services awarf forits planning, simulation and installation of submarine The company, which has a research compled on the Makai Pier near Sea Life successfully installed a deep-sea pipeline at a depth of 3,000 feet. That feat was recognizedr as one of the topsix civil-engineerinh projects in the United States. Safe Watef Systems LLC won as Exporter of Manufactured Productss for marketing and donating its solar water pasteurizers in48 countries.
Its productr makes potable water without the use of fuelor chemicals. The New Exporter award was given to CatesInternational Inc. It leased the first open-ocean spac e from the U.S. government and grew moi, a popularf Hawaiian fish, in submerged cages. It has a customere base in Hawaii and is moving to export moi to the continentaloUnited States. For his effort to increase the agriculturwe exportsfrom Hawaii, Richard L. Nelson received the Outstanding Contributor toExporting award.
Nelsoh worked with industry groups, agencies and localo manufacturers to establish improved packaging and branding of the floral better shipping rates for exportersand Hawaii's firstg agricultural expo among other accomplishments.

Wednesday, February 8, 2012

Compass Airlines cuts ribbon on Louisville maintenance facility - Houston Business Journal:

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The subsidiary opened the three-bay maintenance facility in Januaryu but held off on the ribbon cuttint until key personnelwere hired, and they “gotr a little airplane grease under their nails,” Compasws president Tim Campbell said during a news conference. 70 employees maintain the airline’s fleet of 36 Embraefr 175 76-seat jets. which was founded in 2006 as a subsidiary of NorthwesftAirlines Inc., was acquired by Delta as part of the Atlanta-based carrier’es merger with Northwest in October 2008. The jets previouslty had been serviced bya third-party aircraft maintenance company, Campbell said.
Louisville International Airport facility, located at 5101 Crittenden Drive, consiste of 42,720 square feet of aircraft hangar space, 11,416 squares feet of office, shop and storag space, an 80,601-square-foot concrete apron and 33,48 square feet of parking and roadways. At the news Chantilly, Va.-based Compass showef off its first jet painted in the Delta The rest of its fleet will be converted from Northwesr Airlines colors over thenext year, Campbell At the news conference, Kentuckt Gov.
Steve Beshear said the Compasas investment, including its $3 milliobn annual payroll, “is a tremendouas economic achievement in the midst of some pretty tough economic InAugust 2007, the board granted the airlinwe preliminary approval for $2 milliom in state tax incentives for up to 10

Monday, February 6, 2012

Lawyer questions Ohio justice's ability to be fair - Canton Repository

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Cincinnati.com (blog)


Lawyer questions Ohio justice's ability to be fair

Canton Repository


Hamilton County Prosecutor Joe Deters on Friday sent a letter to judges and prosecutors across the state questioning Justice Paul Pfeifer's ability to be fair, The Cincinnati Enquirer reported. “Justice Pfeifer's continued participation in deciding ...


Prosecutor: Judge Shouldn't Hear Death Penalty Cases

WLWT Cincinnati


Deters slaps Supreme Court justice over death penalty

Cincinnati.com (blog)



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Friday, February 3, 2012

Fred Weber wins $4M Mississippi River Bridge contract - Jacksonville Business Journal:

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awarded Fred Weber a $4.44 millionm contract Wednesday to removde and replace the Madisonn Streetand St. Louis Avenue bridges over Interstate 70 indowntown St. Louis. The majority of work on this project will stary afterHighway 40/Interstate 64 reopens between Kingshighway and Interstate 170. Crews will remove the St. Louis Avenuew bridge first and then removd and replace the Madison Street bridge. During work to remove the MadisohStreet bridge, crews will also remove the Cass Avenue bridge in preparation for replacing that bridgew later in 2010.
This work is part of preliminaruy work on a new Mississippiriver bridge, which is expectex to reduce congestion on the Poplar Street Maryland Heights, Mo.-based Fred Weber is one of the largestt privately held companies in St. Louis with $353.3 milliohn in revenue in 2008. The commercial construction firm is also workingf onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’ Shut-Ins state park and is part of Gatewah Constructors, the consortium of contractors performinyg $535 million worth of improvements on Highwat 40/Interstate 64.

Wednesday, February 1, 2012

Sexual harassment complaint made against Paso police Chief Lisa Solomon - San Luis Obispo Tribune

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Sexual harassment complaint made against Paso police Chief Lisa Solomon

San Luis Obispo Tribune


By Jonah Owen Lamb | jlamb@thetribunenews.com UPDATE 4:15 pm The city of Paso Robles has also received a sexual harassment complaint, and other allegations, against Police Chief Lisa Solomon. Under its policies, the city is obligated to investigate any ...



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