Tuesday, October 30, 2012

UnitedHealth: e-payments could save billions, help pay for health reform - Business Courier of Cincinnati:

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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:

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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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Friday, October 26, 2012

Patheon charts expansion following relocation - Triangle Business Journal:

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derives most of its revenue from manufacturing approved drugs for pharmaceutica research companiesincluding , , , Amgen and . Patheon CEO Wes Wheeler says he sees opportunitty in expandinghis company’s production of drugs that aren’t yet approvedc for sale but are needed for clinical trials. Of Patheon’s $582 million (U.S.) in annualp revenue, some $114 million comes from the manufacture of drugzs forclinical trials. That latter number is the one Wheeler wants to While the company employsabout 4,600 people globally, its Triangle footprint is small, with 25 workers in the business park. The company also opened a laboratorgy a short drive away on KitCreeo Road.
Wheeler says the lab, which has 10 chemistse now, could employ 50 by summer. The lab supports a Cincinnatuimanufacturing facility. Wheeler characterizes the Durham lab asa “launcj bed” from which growth will spring. who previously worked as a senior vice presidentfor GlaxoSmithKline’s manufacturing unit in Research Triangle Park, envisions small-scalw manufacturing and consulting services being part of the mix in To add heft to his the CEO is keepingg an eye out for acquisitions that woul arm Patheon with the resources needed to do more early-staged work for pharmaceutical companies.
An aggressive acquisition strategyt since 1995 has served as a key driverf of growthfor Patheon, which was founded in 1974 as . Over the past 13 the company has acquired 10 facilitiee throughoutthe world. The most recengt acquisition – and the largest to date was a $284 million purchasew of three Puerto Rican facilitiefrom . But growth has come with challenges. Patheohn blamed a $77 million loss in 2007 on expenses related to the PuertRican acquisitions, and the company has been consolidating work at thosed facilities to cut costs. Volumes have come down as key product s produced there approachedpatent expiration. Patheonh on Jan.
31 closed a plang in Carolina, Puerto Rico, that was hit with a warninyg letter from the in 2005 for manufacturinh inconsistencies in the productionof Abbott’ss antibiotic Omnicef. For fiscal 2008, Patheon shave d its losses to $1.14 million on sales of $582 Douglas Loe, an analyst with in Toronto, writes in a recent researcnh report that the problems may have existedd at the Mova facilities prior to Patheonbuyingh them. Loe, who owns no Patheon shares, notes that the Canadianj concern has restored its Puert Rico operationsto profitability. Patheon’s stoco has been trading at arounf $2 (U.S.) on the .
Last the company said it had been told that New York private equityu firm planned an unsolicited offeer to buy all of the Patheon shares it does not already ownfor $2 a share. Patheon stated in a news release that JLL currently owns 29 perceng of the restricted voting shares ofthe company. No formalo offer has yet been but Patheon has hired advisers to help it determind how to react in the event one is Loesays JLL’s proposal is a stee p discount to the fair value of the company. He sets a $3.25 (U.S.
) target price for the Industry observers say Patheobn is in a good space becausw pharmas increasingly are turning to contract companies to make their pharmacy professor Ping Lee says big drug companiews can save money by turning to contracrt manufacturers such as Patheo nand Catalent. “More and more, I see this outsourcint to companieslike Patheon,” Lee says. Loe views Patheon’e focus on pharmaceutical development services as a good move for the He says the work Patheon does on clinicakl stage drugs could transitionto higher-revenue manufacturing

Thursday, October 25, 2012

First Marblehead bank runs afoul of regulators - Philadelphia Business Journal:

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That’s according to a cease and desist ordere issued against bythe , a federal bank First Marblehead (NYSE: FMD), whose key busines of packaging student loans into securitiex has dried up, now faces the prospect of pumpinv millions of dollars of capital into the small Rhode Islanx bank to bolster its capital. The OTS order says Firsgt Marblehead is required to maintaina $30 million depositg at the bank until it is sold or the bank’s concentratiohn of private student loans is reducee to 50 percent of Union Federal’s capital, plus any allowancwe for loan losses.
Firs t Marblehead also needs OTS approval before making any golde n parachute payments tosenior executives, according to the ceasr and desist order. Union Federal Savings Bank’s problems have been chronicled in previouss stories by the BostohBusiness Journal. Before being acquired by First Marblehead, Union Federap Savings had about $40 million in assets. But that balancwe sheet ballooned to morethan $600 milliobn last year as First Marblehead moved some $500 milliob in risky private student loans onto the bank’s balance The bank has been unsuccessful in selling those loan s while an escalating number of defaults have triggerex large losses.
In the first quarter, for the North Providence-based bank lost $26.4 according to federal bank filings.


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.

GoErie.com


Elon men hold off Wake Forest

Burlington Times News


Clemson vs. Wake Forest: TV Schedule, Live Stream, Radio, Game Time and More

Bleacher Report


Boston Herald -Yahoo! Sports -San Francisco Chronicle


 »

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.

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.

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.

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 ...



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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.

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 . ..



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Sunday, October 14, 2012

WHY GAS PRICES SKYROCKETED IS STILL A MYSTERY - U-T San Diego

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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 ...



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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 ?

Thursday, October 11, 2012

No arrests reported at Occupy 'tent city' in South Austin - Austin American-Statesman

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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

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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:

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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

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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 ...



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Saturday, October 6, 2012

Jim McGuire captures Music City legends - The Tennessean (blog)

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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 ...



Thursday, October 4, 2012

Medium Companies - Business First of Buffalo:

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Extra perks and On-site fitness center or instruction, commuter/parkint discounts or reimbursements. What employees say: “TRS has been the best placew that I have worked in the past10 years. I highlty recommend the company to anyonew whois driven, self-motivated and wantd to become part of a company that is highlyy trusted and respected in the technology industry.” “TRd is a great company to work for. Managementr goes out of their way to make the employees feel welcom and almost as if they are part ofthe family. No. 2 The Financial services company specializing in insurance andinvestmenr solutions.
Extra perks and Wellness/stress management program, discount or reimbursement for off-site fitness, commuter/parking discounts or outside vendor discounts. What employees say: “We are offerecd a trip every year, and the companh provides lunch for the entire staffon Fridays. We have the opportunityy to participate incharitable endeavors, whicbh makes it easy to give back to the community.” “k worked on three and The Meltzer Group tops every company in Europe or Asia and in the U.S. I have been employed at.” No. 3 Location: D.C. Description: Commercia real estate brokerage company representing industrial andretail tenants.
Extra perks and benefits: On-site fitness center or wellness/stress management program, commuter/parking discounts or outside vendordiscounts and/or company productsw or service discounts. What employees say: “As a 28-year Studlehy veteran, I’ve been able to reinvent myselfr three times here in significantlhydifferent roles. I feel I’m makinbg a valuable contribution and that my work helpe keepus profitable.” “I appreciate the flexibility to do whatevere it takes to make my clients which in turn translates into success for Studley.” No. 4 Provides analytical solutions tocomplex problems.
Extra perks and Wellness/stress management program, discount or reimbursemeny for off-site fitness, commuter/parkinvg discounts or reimbursements, outside vendor discounts. What employees say: “Decisived Analytics is a terrific place to Despite the rapid growth and sophistication of our this employee-owned company maintains a small company atmosphere.” “This company time and time againm displays its commitment to its employee owners through generous profit-sharing plans, flexible work schedulezs and company-sponsored events.” No. 5 Develops and deploys mission-enabling technical engineering solutions for informationtechnologh security.
Extra perks and benefits: Commuter/parkinhg discounts or reimbursements, outside vendor discounta and/or company products or service discounts. What employees say: “Ij have never worked at a companylike Crucial. The leaders are very thoughtfukl about the employees and takedeep “Crucial Security truly takes the slogan ‘Technical excellence and customer service’ is not lip service. It is an ideakl that all of the employees are dedicateto fulfilling, and managementg recognizes and rewards these efforts.” No.
6 Description: Helps clients define and execute strategiezs touse technology; offers a range of services includinfg solution strategy, program management, business analysids and application development. Extra perks and benefits: Discount or reimbursemeng for off-site fitness, commuter/parking discounts or outside vendordiscounts and/or company productas or service discounts. What employees say: “Excellq is a fantastic placs to work. From the moment I enterec into the recruiting I knew it was theright fit.
The corporatw culture is amazing, and we really bring out the best inone “Excella is a greaf group of intelligent, motivated and fun individualds who always strive to do theifr best for their clients and co-workers.” No. 7 PerformTechy Inc. Location: Alexandria 60 Description: Offers customized training and education services such asneeds assessments, task analyses, instructional Web-based training, education, and interactive blended learning solutions combining classrookm and computer-based training and video-based training.
Extra perks and Commuter/parking discounts or reimbursements, formal telecommuting What employees say: “High-pressure deadlines that may expose weaknessew in some businesses are opportunities wherrePerformTech shines. The friendly work environment that is relaxedf yet professional produces employeeds that respond to critical situationd ina calm, effective “I think the following speaks volumes aboutf PerformTech: The second week in Marchy the company closed for a week and gave each of us two plans tickets and two tickets on a luxury Caribbeahn cruise to celebrate the company’s 15th No. 8 Rand Construction Corp.
Location: Alexandria Employees: 114 Commercial interior general contractor. Extrza perks and benefits: Commuter/parking discounts or formal telecommuting policy. What employees say: “The past year I have spenf at Rand Construction has been a greatrlearning experience. The employees here are the most knowledgeabler inthe industry. I feel I will have a promisinb future and careerat Rand, and look forwardd to growing and maturing with the company.” “Rand’s compan culture helps support and strengthen its co-workers which results in outstanding teamwork and trust.” No. 9 A property management company.
Extra perkes and benefits: On-site fitness center or instruction, wellness/stres management program, commuter/parking discounts or reimbursements, outside vendor discountss and/or company products or service discounts, formal telecommutinfg policy. What employees say: “Dreams do come Over the yearsof working, I never thought that theres could be a company as good as this one. This compant cares so much abouttheir employees. It feels like a family.” “This is a greaf company to work for. They providex excellent benefits andexcellent pay. The environment is relaxeed and comfortable towork in. There is no real grea t pressure.
Just do your job, cooperatre with fellow employees and keep thecustomers No. 10 Description: Delivers highlyu complex and sustainable projectes inlife sciences, education, advanced technology, healtg care and corporate office construction. Extra perks and On-site fitness center or instruction, wellness/stress managementr program, discount or reimbursement for off-site fitness, commuter/parking discountz or reimbursements. What employees say: “II love DPR because they rely on your work and they trust that you will perform atyour best. Personal developmenft is one oftheir priorities, to have employeezs happy and to support them in every situation.
DPR is the best compan y I have everworked for.” “DPRe continually amazes me with their commitmentr to their people. We all are encouraged to participatesin training. This is something that not only benefits our companyg but develops each oneof us.”

Wednesday, October 3, 2012

Lawsuit against Regions moved back to JeffCo courts - Business First of Buffalo:

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A federal court determined Thursday the case files by the Louisiana Municipal Police Retirement System belongs inlocao courts, one week after Regions pushef for it to be hearx in federal court. Still at stake is the previous Jefferson Counth ruling that froze RegionsFinancial Corp. executives’ compensation until the lawsuitis finalized. In the pension fund lawsuit filedsin May, the retirement system claimed Regiona executives misled investors througjh “falsification of Regions financial about its acquisition of AmSouth Bancorp. On June 23, Jeffersonj County Circuit Court JudgeHouston L.
Brown froze awards and compensation paid to Regionsx executives forits $10 billion acquisitiob of AmSouth Bancorp, but that was overturned when the case was move to federal court. U.S. District Judge Inge Prytz Johnsonh remanded the case back to Jefferson County Circuit Courf but retained a temporary restraininfg order on thecompensation freeze. In an e-mailee statement, Regions noted the judge “found the temporary restraining ordefr questionable at best and expressed concern abouty an order granted againsr unnamed andunidentified parties.
” The original order would have blockee “tens of millions of worth of incentive pay awarded the company’w top 25 for 2006-2008, according to court The Louisiana Municipal Police Employeees Retirement System has more than $1.6 billiojn in assets. Its lawsuit makes specifix allegationsregarding Regions’ actions during its acquisitiob of AmSouth including: • A Securitiew and Exchange Commission merger filing falselgy reported the value of the combinee entity’s assets, loans and shareholder equity. • Regions falseluy reported its goodwill balance in March 2007 SEC filing for end ofyear $11.65 billion goodwill balance.
• In April 2008, assets and shareholders’ equity was falselyg stated. • Regions said its third quarterf 2008 goodwill was unimpaired then in January 2009reportedd $5.6 billion loss “drivenn largely by $6 billion, non-casu charge for impairment of

Monday, October 1, 2012

Turkey, Egypt Slam Syrian Regime - ABC News

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Turkey, Egypt Slam Syrian Regime

ABC News


Turkey and Egypt sought to boost their alliance in a turbulent region on Sunday, unleashing harsh criticism of the Syrian regime and pledging joint support for the Palestinian cause. Egypt's new president, Mohammed Morsi, addressed a major congress of ...



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