Monday, August 30, 2010
NACA to add more than 1,000 jobs in Charlotte - Charlotte Business Journal:
The hiring will beginn immediately, with the national nonprofity hosting a job fair Fridayand Saturday. NACA focuses on lendingh to low- and moderate-income families. Gov. Bev Perdude announced the expansion Thursday, with the statw giving NACA a $1 millioj grant from the One NortnCarolina Fund. It plans to invest more than $4 millionn here, with 1,014 jobs expected to be addexd over the nextfive years. “Nortuh Carolina remains a strong presence inthe U.S. financwe sector, and this is a tremendouz opportunity forthe Charlotte-area,” Perdue said. “Our top-rated busines climate and skilled financial-services work force are attractive to growinbgnational operations.
” NACA is headquartererd in Boston and operates more than 40 officez nationwide. It currently employs about 100 workers in Mecklenburg Countg to originate and process mortgage Underthe five-year state incentive agreement, the organizationj plans to add 550 jobs immediately. The jobs will pay an averager annual wage of Salaries will range upto $80,000 annually. The hiringv will focus on mortgage negotiators, customer-servicw representatives, call-center managers and mortgage counselors. “NACA is excitec that it’s putting more than 1,000 people to work durinvg these tougheconomic times,” NACA Chief Executivwe Bruce Marks said Thursday.
“Today’s announcement is more than just a soun dbite — we are following through on this investmenrt by holding a jobs fair tomorrow to hire 550 peopl immediately.” Perdue said Thursday that she consultec with former Bank of Americw Corp. Chairman Hugh McCol l Jr. about the deal. McColl has been a longtime supportetrof NACA’s work. BofA began a partnership with NACAundef McColl’s watch in 1995 and in 2004 committedx $6 billion to its lendinvg program. Perdue says McColl confirmed to her that he expectecd NACA could follow throug h on its job commitments in severa lphone conversations.
“When someone begins somethintg like thisin Charlotte, it always grows,” McColl said in an intervieqw Thursday. “They’ll come in and find this is a good placd tofind (a work force). I would hope it woulxd be an eruptionof jobs, not just trickle The group claims it will be the largest number of people hired immediately in one area and the larges t job commitment in the countrhy since the mortgage crisis began in 2007. The hiring comesa as NACA embarks on a nationwide Save theDreanm Tour.
Marks says the added jobs are crucial as NACA leadsa its campaign to make mortgages Hundreds of NACA stafv willprovide long-term solutions for homeownerss with an unaffordable mortgage. “Charlotte continues to be attractive becauswe of ourknowledgeable financial-services work force and we welcome NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfelter said in a release. NACA’se Counseling Center is in the Charlotte East office park off Albemarlse Road between Central Avenue and FarmPond Lane.
“Charlotter continues to be recognized as a leadeer in financial services with a talentedc and experiencedlabor force,” says Charlotte Chambee Chairman Tim Belk. “We are pleased to welcome NACA to the communityu and look forward to the investmenyt in jobs and presence they will bring to ourEast side.” The chambeer assisted NACA in its expansion effort. Charlotte East owner Roger Kellogg, principal of , and leasingy director Eric Speckman have worked closelyy with NACAsince 2007, when the nonprofit establishefd a small office in the NACA has legally binding agreements with all the major lenders/servicers to restructur e the mortgages they service.
The NACA agreementzs cover more than 90 percent of homeowners with anunaffordable mortgage. The staff from the Counseling Center in Charlotte will travel nationwide to work on Save the Drea m events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgages with permanent interestt rates often at 4 percent, 3 percent and 2 percentr and where necessary the principal The organization, started in 1988, has the primaryy goal of building strong, healthyy neighborhoods nationwide through affordable NACA operations include financial counseling, specialized mortgag services and a Home Save program for homeownerzs with an unaffordable mortgage.
NACA will host a job fair from8 a.m. to 8 p.m. Fridau and Saturday at its Charlotte Counseling Center. For more information about Neighborhooe Assistance Corporationof America, including employmenft opportunities, go to www.naca.com.
Saturday, August 28, 2010
Report: Austin will be 5th fastest growing U.S. metro in coming years - Pittsburgh Business Times:
million by the year 2025, according to an analysis of governmentt databy bizjournals. The projected growth rate of Austin and its suburbs ranks 5th amongg250 U.S. metropolitan areasx studied inthe report. Bizjournals forecasta that the Austin-Round Rock area will grow nearly 87 percen t from its 2005 estimated population ofnearluy 1.5 million to a 2025 projected population of 2.7 million, an increasew of nearly 1.3 million residents.
Austin will see the most growtg of anyTexas city, according to the bizjournals The McAllen-Edinburg area will be the second-fastestt growing metro in Texas, ranking 22nd on the list with an estimatex 56 percent growth in Dallas/Fort Worth ranks 26th with a projected 50 percentt population increase to 8.8 million people; Houston ranks 27th with a projecterd 48 percent population increase to 7.9 million San Antonio ranks 40th with a projected 41 percentf population increase to 2.7 milliohn people. for the full bizjournals growth reporfon U.S. metro-area growth.
And for a charyt showing the breakdownacross
Thursday, August 26, 2010
Source: NCR to move headquarters, 1,300 jobs to Georgia - Kansas City Business Journal:
The (NYSE: NCR) will move its headquarteres and 1,250 jobs to Ga., as well as opening a 550,000-square-foof manufacturing operation in Macon, Ga., that will employt up to 880 Officialsfor NCR, which has 1,300 workerxs in Dayton, could not be immediately reached for commen t Monday night. An official from Ohio Gov. Ted Strickland'xs office, who spoke to the Dayton Businessz JournalMonday night, said NCR’s CEO Bill Nuti told Stricklanfd that the company has been eyeing Georgia for some time now. The , with locap officials expressing frustration that the companh was not responding totheir requests. Georgia Gov.
Sonnyu Perdue is expected to make the official announcementg Tuesday with NCR receiving tax incentivesz from the local officialsain Georgia. “They (NCR) can’t recruit talent to move to Ohio,” a source told the Chronicle. Montgomery County CommissionedrDan Foley, sounding stunned when reached Mondayu night, declined comment. In the letter Strickland sent to NCR datexd Monday and obtained by the DaytonBusiness Journal, the governor said he was tryiny “to take one last opportunityt to urge you to continuew your operations in Ohio.” In the letter, Ohio offeres NCR $31.1 million worth of incentives to keep the operationas here.
Strickland's spokesperson declined official commentr until the announcementis made. NCR's departuree would leave a vacant 1.3 million-square-foot, five-story officew building near Dayton's downtown that is already hurtin g from high vacancy rates and jobs that have been leavingv the city during the past several The lossof 1,300 high-paying jobs from the city will have a negativw impact on Dayton's income tax receiptxs at a time when the city has faced multi-million dollare budget deficits that have caused it to reduce its workforc e and cut services.
Rashad Dayton city manager, said the city reacherd out to NCR multiple times in recent and that the city did all it could to engage the OhioState Sen. Jon Husted, said he will retain hope until the company makes anofficial “We have on multiple occasion s reached out to NCR in an attempt to identifgy ways to secure their jobs and grow and be successfu l in Ohio,” Husted said Monday evening.
“I am not willing to give up Phil Parker, president and CEO, left a voicd message after business hours for a reporter Mondayt saying he had no Toni Bankston, director of marketing and communicationws for the Dayton Chamber, did not return calls seeking The Dayton Chamber is one of the lead privatd groups in the city responsible for retention of existingf companies. In October, NCR said it woul d move its Worldwide Customer Services headquarters to anAtlantq suburb, investing $15 million and creating more than 900 jobs in the suburbss of Peachtree City and The state of Georgia providerd more than $8 million in according to officials.
NCR, founded locallgy in 1884, is the Dayton region’ s second largest company, with 20,000 globa l employees and $5.3 billion in revenude in 2008. The company, which sells ATMs and retail automation is Dayton’s lone remaining Fortun e 500 company. At one time, the compant had more than 18,000 employees in the Dayton but that number has dwindled durinbg the pastseveral decades. As recently as two yearsa ago, NCR had aboutf 2,000 Dayton employees. That number has declined by about 700 workers since 2007. In 2007, NCR announced it was relocatinb its executive offices to New York City and leasinbg an entire floor of the 7 Worls TradeCenter building.
But, on paper, its headquarterws remained in Dayton. In March, the companh also told employees it is undergoing a structural reorganization and woulxd cut an unknown amount of itsglobal workforce. That same month, the companhy removed the language “world from the sign at its Dayton campus, thoughy it said at the time it wasjust temporary.
Ohio jobless rate tops 11 percent for June - Business First of Columbus:
The state’s jobless rate continued its steadgmarch upward, rising from 10.8 percent in May. The unemploymenft rate stood at 6.4 percent in June 2008. The reported the stated lost 33,000 nonfarm jobs last month, pushing down the numberf of employed Ohioans toabou 5.1 million. The ranks of those withourt jobs and actively looking for work climbedto 666,200 in Ohio’s unemployment ranks have increasef by 279,000 persons from June the state reported. “Ohio’s labor market continued to weakenin June,” Job and Family Services Director Douglas Lumpkinb said in a release.
“Significant job lossez in boththe goods-producing and service-providintg industries led to an increase in the unemploymenf rate to 11.1 percent.” Ohio’s seasonally adjusted unemploymentg rate hasn’t been at 11.1 percent sinc the midst of the 1981-82 recession in Decembed 1981. Immediately following the end of that recessio n inNovember 1982, the state jobless rate climbed to 13.8 percent in December and January 1983. It droppesd below 11 percent inOctober 1983. Most industries in the statre performed poorlyin June, the government Ohio officials said manufacturing lost 15,4009 jobs last month, and the service-producinyg work force dropped 15,100 jobs.
The constructiobn sector continuedto shrink, too, losing 2,5000 jobs. While usually a traditionap growth area inpoor economies, the governmeng sector cut 6,000 jobs. The professional and business servicess sector followedclosely behind, eliminating 5,600o positions in the month. Thosee companies that did hire last month operate in the financialo services andinformation sectors, which added 1,10o0 and 500 jobs, respectively. The decline in the manufacturing work forcre over the prior 12 monthsreached 134,000, most of it amonh durable goods makers amid a recessioj that has squeezed consumers, who have cut back on purchases of big-ticket items, such as cars and appliances.
The only employmen segments that have added jobs in the past year are the educatio and healthcare sectors, up 13,800 and the hospitality and leisuree industry, up a modest 1,600 the state reported.
Tuesday, August 24, 2010
Buffalo dealer happy with Saab-GM deal - Business First of Buffalo:
“We are happy to be going back to aSwedisgh company,” said Robert Georgiev, sales managerd at in Kenmore. Sweden’s Koenigsegg, the maker of luxur sportscars, has agreed to buy Saab from bankrupt The announced Tuesday, is expected to close by the end of the thir quarter of 2009 and includes an expectedf $600 million funding commitment from the European Investment Bank (EIB) guaranteed by the Swedis h government. Additional support is to be providecd by GM and tofund Saab’es operations and product program according to statements from the companies. GM said on June 12 that it wantds its200 U.S. Saab dealerzs to sign a proposed agreement by Fridahy to prepare forthe sale.
Georgiev said the Kenmor e dealership has not yet received the agreement but intendes to sign it whenit arrives. The agreement will allos two possibilities: For a dealer to continuse selling Saabs under thenew owner, or, if GM can’t close a deal on Saab, for an orderly wind down with GM offeriny dealers a payout. Checkpoint and Cappellino’s Towne Pontiac, GMC, Hummer, Saab in Clarence are the only Saab franchisecd dealers in theBuffalo area. Like its U.S. Saab has been in bankruptcy It becamea wholly-owned subsidiar of GM in 2000.
Sunday, August 22, 2010
Palin an interested spectator in Alaska primary - Los Angeles Times
Boston Globe | Palin an interested spectator in Alaska primary Los Angeles Times The ex-governor supports a political unknown campaigning against Sen. Lisa Murkowski. A Murkowski win would be the latest in a string of setbacks for Palin. ... A proven senator: Lisa Murkowski deserves another term Murkowski makes the case for Senate seniority KSTK Interview: Senator Lisa Murkowski |
Friday, August 20, 2010
Analysis: No major Haiti risk seen from Wyclef election bar - Reuters
msnbc.com | Analysis: No major Haiti risk seen from Wyclef election bar Reuters PORT-AU-PRINCE (Reuters) - If protests do break out in Haiti to contest Friday's decision to bar hip-hop star Wyclef Jean from running for the presidency of his earthquake-shattered homeland, they may only be short-lived. ... Wyclef Jean can't run for president Wyclef Jean vows to help Haiti after presidential bid rejected Haiti council: Wyclef Jean can't run for president |
Wednesday, August 18, 2010
Nearly 1 in 5 Americans Thinks Obama Is Muslim, Survey Shows - FOXNews
FOXNews | Nearly 1 in 5 Americans Thinks Obama Is Muslim, Survey Shows FOXNews AP Aug. 18: President Barack Obama gestures as he speaks during a reception at the Columbus Anthenaem in Columbus, Ohio. A recent poll shows an increase in the number of Americans who incorrectly believe that Obama is a Muslim. ... Americans uncertain about Obama's faith Poll shows more Americans think Obama is a Muslim Poll: One In Five Americans Believes Obama Is A Muslim |
Tuesday, August 17, 2010
Activists vow to fight on after court puts same-sex marriages on hold - CNN
msnbc.com | Activists vow to fight on after court puts same-sex marriages on hold CNN By the CNN Wire Staff (CNN) -- An appeals court ruling temporarily blocking same-sex marriages from resuming in California drew strong reactions from opponents and supporters of the state's controversial 2008 referendum on the issue. ... Prop. 8: Appeals court puts ruling on hold Headlines: Quick hits California Gay Marriage Ban Will Continue During Court Appeal |
Sunday, August 15, 2010
Obama, daughter swim in Gulf in act of reassurance - AFP
Sydney Morning Herald | Obama, daughter swim in Gulf in act of reassurance AFP PANAMA CITY, Florida รข" US President Barack Obama and his daughter have taken a dip in the Gulf of Mexico in an attempt to reassure Americans that, despite a massive oil spill, its waters remain safe for tourists. The president, First Lady Michelle ... Mosque divide enters Florida politics Obama takes plunge, swims in Gulf Obama says gulf beaches are 'open for business' |
Friday, August 13, 2010
Obama to sign bill approving $600 million for border security - CNN
Los Angeles Times | Obama to sign bill approving $600 million for border security CNN By the CNN Wire Staff President Obama is expected to sign a bill on Friday to provide more funding for border security. Washington (CNN) -- President Obama will sign a bill Friday that provides $600 million in emergency funding to help secure the ... Obama to sign $600 million border security bill Senate passes border security bill Sound of one man voting: Chuck's 'voice' OKs border bill |
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Wednesday, August 11, 2010
Less than 3000 votes between Deal, Palin-backed Handel in Georgia - CNN
msnbc.com | Less than 3000 votes between Deal, Palin-backed Handel in Georgia CNN (CNN) -- An incumbent US senator with help from the White House held off a tough primary ch » |
http://gingerprintblog.com/2008/03/walden-pond.html
Monday, August 9, 2010
RPT-Fiorina, Hurd: no practitioners of 'The HP Way'? - Reuters
msnbc.com | RPT-Fiorina, Hurd: no practitioners of 'The HP Way'? Reuters The founders of Hewlett-Packard (HPQ.N) -- some say Silicon V » |
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Saturday, August 7, 2010
Taliban kills 10 aid workers in Afghanistan - Los Angeles Times
Boston Globe | Taliban kills 10 aid workers in Afghanistan Los Angeles Times The dead include six Americans, part of a medical team providing eye care in a northern province. The Taliban claims the workers were spies and preachers of Christianity. Dirk Frans, director of The International Asisstance Mission, speaks in his ... 6 Americans on Medical Team Killed in Afghanistan Attack kills US, foreign doctors on medical mission in northern Afghanistan British doctor and nine others killed in Afghanistan ambush |
livejournal.com
Thursday, August 5, 2010
Prop 8 judge to religious believers: It's not about you - USA Today
The Hindu | Prop 8 judge to religious believers: It's not about you USA Today The ruling overturning Proposition 8 -- the ban on gay marriage in California -- is a fascinating document. If you have 20 minutes (you might skip some legalese) to read the ruling you will find Chief US District Judge Vaughn Walker's portrait of 21st ... Proposition 8 Struck Down: Do You Think Gay Marriage Should Be » |
blogspot.com
Tuesday, August 3, 2010
Ground Zero Mosque -- NYC Landmarks Commission Clears Way for Islamic Center - Wall Street Journal
New York Daily News | Ground Zero Mosque -- NYC Landmarks Commission Clears Way for Islamic Center W » |
victoria0douglas.wordpress.com
Sunday, August 1, 2010
BP Readies Permanent Plug of Gulf's Macondo Well After Storm Delayed Work - Bloomberg
Kansas City Star | BP Readies Permanent Plug of Gulf's Macondo Well After Storm Delayed Work Bloomberg The Transocean Development Driller II works to drill the backup relief well at the BP Plc Macondo well site in the Gulf of Mexico. Photographer: Derick E. Hingle/Bloomberg BP Plc plans to start ... Oil-damaged wetlands may just have to wait it out New Gulf oil spill mystery: How much dispersant did BP use? Congressman: Too much dispersant used in oil spill |
victoria0douglas.wordpress.com