http://alivup.wordpress.com/
The 9,100-square-foot office will be located in the spaced once occupied bya stand-alone Citibano N.A. branch, M&T Bank spokesperson Chester Bridgersaid M&T took control of the building in 2006 as part of its acquisitionn of nine Buffalo-area Citibank branches. The current M&r branch adjoined to the plazaa will close and all 23 employeezs will relocate to the new which has been designesd to meet Leadership in Energy and EnvironmentDesign standards, Bridger said.
M&T Bank recently demolished the former Citibank branch to make room for the new Lorenzo Apicella of the Pentagram architectural along with local firmwand , designed the project, which will featurde a glass exterior and an environmental-friendly plumbinbg system to conserve and reduce water use. It coulsd not be immediately determined how much the new building will It willbe “larger than the cost of an averagee branch” due to its LEED Bridger said. M&T Bank currently operates 55 branches inthe Buffalo-Niagaraw region. It is the second largesr deposit-taker in Western New York.
Thursday, July 28, 2011
Tuesday, July 26, 2011
Soros to Stop Managing Money for Outside Investors - Wall Street Journal
http://www.mamburt.info/mastering-adobe-elements-software-2
New York Times | Soros to Stop Managing Money for Outside Investors W » |
Sunday, July 24, 2011
United Auto Workers approve GM labor agreement - Kansas City Business Journal:
azajir.wordpress.com
In a Friday release, the Detroit-based automaker GM) said that the changes include modificationss to the Voluntary Employee Beneficiary Association trust for retireehealthy care, and other wage and benefit concessions designed to make GM more “The leadership demonstrated by UAW presidentt Ron Gettlefinger and UAW vice president Cal Rapson, and the hard work from the membersd of the General Motors and UAW negotiating resulted in an innovative agreement that will enablre GM to be fully competitiver and has eliminated the gap with our competitors,” Dianas Tremblay, vice president of GMs’ labor relations, said in the “Their shared sacrifices will enable GM to becomee a stronger, more viable company that will continue to deliver world-class cars and UAW Local 31’s members votedr for the concessions by roughly 63 percengt to 37 percent, President Jeff Manning said earliedr this week.
GM’s has about 2,100 uniomn and about 300 salaried workers. GM is still trying to work out a deal with its bondholderzs beforea government-imposed Monday deadline requiring the companyy to have an acceptable plan for survivint the economic crisis or file bankruptcy. A deal was announced Thursdayt asking bondholders totrade $27.2 billion of unsecuredr debt for company stock to satisfy the debt-reductionh requirement in its loan agreements with the .
An unofficialo bondholders committee and other large noteholders that combined hold about 20 percent of the unsecured notes expressed support forthe
In a Friday release, the Detroit-based automaker GM) said that the changes include modificationss to the Voluntary Employee Beneficiary Association trust for retireehealthy care, and other wage and benefit concessions designed to make GM more “The leadership demonstrated by UAW presidentt Ron Gettlefinger and UAW vice president Cal Rapson, and the hard work from the membersd of the General Motors and UAW negotiating resulted in an innovative agreement that will enablre GM to be fully competitiver and has eliminated the gap with our competitors,” Dianas Tremblay, vice president of GMs’ labor relations, said in the “Their shared sacrifices will enable GM to becomee a stronger, more viable company that will continue to deliver world-class cars and UAW Local 31’s members votedr for the concessions by roughly 63 percengt to 37 percent, President Jeff Manning said earliedr this week.
GM’s has about 2,100 uniomn and about 300 salaried workers. GM is still trying to work out a deal with its bondholderzs beforea government-imposed Monday deadline requiring the companyy to have an acceptable plan for survivint the economic crisis or file bankruptcy. A deal was announced Thursdayt asking bondholders totrade $27.2 billion of unsecuredr debt for company stock to satisfy the debt-reductionh requirement in its loan agreements with the .
An unofficialo bondholders committee and other large noteholders that combined hold about 20 percent of the unsecured notes expressed support forthe
Thursday, July 21, 2011
Missouri jobless rate resumes climb in May - Houston Business Journal:
bacijaxymu.wordpress.com
The state’s seasonally adjusted unemployment rate increase to 9 percentin May, up from 8.1 percent in April’s 0.6 point decrease in unemployment now appeara anomalous, with the May increase part of an upward trend dating back to state officials said. Approximately 272,00 0 Missourians were estimated to have been joblessd during the monthof May. Nonfarm payrol l employment decreasedby 3,700 jobs in May, marking the smallest monthlg decrease since employment begab to drop sharply last Job losses were concentrated in manufacturing (-3,700) and constructionn (-1,600), which were partly offset by gains in healthy care and social assistance and local government (900).
Over the past year, employmentt dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trendc over the year have been privater educationalservices (2,500), health care and socia assistance (6,000), federal government (2,700) and local government The national unemployment rate in May was 9.4 percent. Nonfarkm payroll employment in May was downin St. Louis by led by automobile industry layoffs and a cutbac of federal employees followinv the end ofsome pre-2010 Census activities.
The state’s seasonally adjusted unemployment rate increase to 9 percentin May, up from 8.1 percent in April’s 0.6 point decrease in unemployment now appeara anomalous, with the May increase part of an upward trend dating back to state officials said. Approximately 272,00 0 Missourians were estimated to have been joblessd during the monthof May. Nonfarm payrol l employment decreasedby 3,700 jobs in May, marking the smallest monthlg decrease since employment begab to drop sharply last Job losses were concentrated in manufacturing (-3,700) and constructionn (-1,600), which were partly offset by gains in healthy care and social assistance and local government (900).
Over the past year, employmentt dropped by 74,300 jobs, or 2.7 The main exceptions to the downward trendc over the year have been privater educationalservices (2,500), health care and socia assistance (6,000), federal government (2,700) and local government The national unemployment rate in May was 9.4 percent. Nonfarkm payroll employment in May was downin St. Louis by led by automobile industry layoffs and a cutbac of federal employees followinv the end ofsome pre-2010 Census activities.
Tuesday, July 19, 2011
Gretzky could see big pay cut if Coyotes stay in Arizona - Nashville Business Journal:
gault-rickettsias.blogspot.com
The Coyotes are in Chapter 11 bankruptcy reorganization and owner Jerry Moyes has a deal in the workss to sell to Canadian businessmamnJim Balsillie, who wants to move the team to Hamilton. The Nationap Hockey League and city of Glendale oppose that If the Coyotes moveto Canada, Gretzkuy has said he won’t accompany the That could mean a $22 million payour in deferred compensation for who is part owner of the Coyotes. If a buyere is found to keep the team in Gretzky still could be out of hiscoachiny job. The Coyotes haven’t made the playoffs since 2002 that record remaining unchangedundetr Gretzky’s watch, which began in 2005.
If the team stays in Glendal and he keepshis job, Gretzkuy also could get hit financially, according to bankruptcgy court filings. Gretzky earns about $8 milliom annually from the Coyotes viahis $1.6 millio salary as coach and otherf compensation as part owner of the hockeyt team, according to a legal brief penned by Geraldr Sheehan, a principal with professional sports financial firm Beacon Sports Capitakl Partners LLC. Sheehan also suggests a new ownetreduce Gretzky’s compensation down to $2 He also suggests other cost-saving measures, including moving offices from leased space to Jobing.com Arena.
Revenu also could be increased by boostinyticket sales, sponsorships and suite sales and more non-sporting even t bookings at the arena, which the Coyotes lease from the city of
The Coyotes are in Chapter 11 bankruptcy reorganization and owner Jerry Moyes has a deal in the workss to sell to Canadian businessmamnJim Balsillie, who wants to move the team to Hamilton. The Nationap Hockey League and city of Glendale oppose that If the Coyotes moveto Canada, Gretzkuy has said he won’t accompany the That could mean a $22 million payour in deferred compensation for who is part owner of the Coyotes. If a buyere is found to keep the team in Gretzky still could be out of hiscoachiny job. The Coyotes haven’t made the playoffs since 2002 that record remaining unchangedundetr Gretzky’s watch, which began in 2005.
If the team stays in Glendal and he keepshis job, Gretzkuy also could get hit financially, according to bankruptcgy court filings. Gretzky earns about $8 milliom annually from the Coyotes viahis $1.6 millio salary as coach and otherf compensation as part owner of the hockeyt team, according to a legal brief penned by Geraldr Sheehan, a principal with professional sports financial firm Beacon Sports Capitakl Partners LLC. Sheehan also suggests a new ownetreduce Gretzky’s compensation down to $2 He also suggests other cost-saving measures, including moving offices from leased space to Jobing.com Arena.
Revenu also could be increased by boostinyticket sales, sponsorships and suite sales and more non-sporting even t bookings at the arena, which the Coyotes lease from the city of
Sunday, July 17, 2011
Convera folding into U.K. company - Business Courier of Cincinnati:
1189126qun.blogspot.com
Vienna-based Convera (NASDAQ: will be dissolved. After the Patrick Condo, Convera's CEO, will becomr the chairman of the board, and Colin Firstlight's CEO, will become the CEO. Convera's plan of dissolutioj contemplates an orderly wind down of its businesaand operations. After filing its certificate of dissolution, Converaw intends to make one or more distributionz to its stockholders of cash availablrfor distribution, subject to applicable legall requirements. Convera will then delist its common stockfrom Nasdaq.
The new company will brinyg together the vertical search technology of Converz and the advertising sales and marketing capabilities of It will have over 60 corporate customet accounts and 120 existiny Web sites withapproximately 1,500 When the merger becomes effective, Converaw will own 33.3 percent and Firstlight will own 66.7 percengt of the total outstanding common stock of the new subject to certain adjustments which may enablew Convera to own up to 42 percent of the new companhy prior to the distribution. The mergee is subject to Convera stockholders approval and certain other customaryclosing conditions. The mergerf is expected to closethis summer.
Vienna-based Convera (NASDAQ: will be dissolved. After the Patrick Condo, Convera's CEO, will becomr the chairman of the board, and Colin Firstlight's CEO, will become the CEO. Convera's plan of dissolutioj contemplates an orderly wind down of its businesaand operations. After filing its certificate of dissolution, Converaw intends to make one or more distributionz to its stockholders of cash availablrfor distribution, subject to applicable legall requirements. Convera will then delist its common stockfrom Nasdaq.
The new company will brinyg together the vertical search technology of Converz and the advertising sales and marketing capabilities of It will have over 60 corporate customet accounts and 120 existiny Web sites withapproximately 1,500 When the merger becomes effective, Converaw will own 33.3 percent and Firstlight will own 66.7 percengt of the total outstanding common stock of the new subject to certain adjustments which may enablew Convera to own up to 42 percent of the new companhy prior to the distribution. The mergee is subject to Convera stockholders approval and certain other customaryclosing conditions. The mergerf is expected to closethis summer.
Thursday, July 14, 2011
BACVA tops hotel bookings goal - Baltimore Business Journal:
vavyzina.wordpress.com
The booked 522,541 future room nights in the past fiscal year, city tourism leaders said at a press conferencr Monday. The number, which passedc BACVA’s goal of 475,000 bookexd nights, is a 15.7 percent increase over nights booked thepreviousa year. In 2008, BACVA booked 451,608 future room Group business meetings comprise the new bookings and are projectedr to spend morethan $725 million in spending in the City and tourism officials credit the bookinbg success to last year’s creation of the Baltimorer Convention & Tourism Board, a joint board that overseee BACVA and the .
“Our investment in BACVA is payingy off,” Mayor Sheila Dixon said Mondayh speaking in front ofthe city’s Inne Harbor tourism center. The formation of the boar d last year has allowed BACVA and the conventioj center to bemore coordinated, Dixon said. A new plethors of hotels that openes or are under construction near the convention centere from which businesses can choose for booking s also contributed to an uptick in The $300 million publicly financed Hilton which opened last has 757 rooms and grew Baltimore’s totapl hotel room reservoir to more than 7,000.
The B&O on the corner of Charles andBaltimore streets, is expected to open as a Hotel Monaco with 208 rooms later this Baltimore can now accommodate 75 percent of the larger citywide tradeshow and convention business available in the marketplaced with the new hotels online, said BACVA CEO Tom Noonan in a Some of the conventions and groupd booked in the 2009 fiscal year includee the annual conventions, , American Association for Laboratorg Animal Science, and . Holding salex events and industry tradeshows is also partof BACVA’x strategy for bringing convention plannersd into the city to raise awareness abourt Baltimore.
The Baltimore Business Journalk A drop in hotel revenuemeans BACVA’s budget will drop to $10.7 milliomn for the year started July 1 — down from the $12 milliobn it had in the past 12 months. This year’ fiscal budget is the lowest since the agency’s $9.9 million spendinb package in 2006.
The booked 522,541 future room nights in the past fiscal year, city tourism leaders said at a press conferencr Monday. The number, which passedc BACVA’s goal of 475,000 bookexd nights, is a 15.7 percent increase over nights booked thepreviousa year. In 2008, BACVA booked 451,608 future room Group business meetings comprise the new bookings and are projectedr to spend morethan $725 million in spending in the City and tourism officials credit the bookinbg success to last year’s creation of the Baltimorer Convention & Tourism Board, a joint board that overseee BACVA and the .
“Our investment in BACVA is payingy off,” Mayor Sheila Dixon said Mondayh speaking in front ofthe city’s Inne Harbor tourism center. The formation of the boar d last year has allowed BACVA and the conventioj center to bemore coordinated, Dixon said. A new plethors of hotels that openes or are under construction near the convention centere from which businesses can choose for booking s also contributed to an uptick in The $300 million publicly financed Hilton which opened last has 757 rooms and grew Baltimore’s totapl hotel room reservoir to more than 7,000.
The B&O on the corner of Charles andBaltimore streets, is expected to open as a Hotel Monaco with 208 rooms later this Baltimore can now accommodate 75 percent of the larger citywide tradeshow and convention business available in the marketplaced with the new hotels online, said BACVA CEO Tom Noonan in a Some of the conventions and groupd booked in the 2009 fiscal year includee the annual conventions, , American Association for Laboratorg Animal Science, and . Holding salex events and industry tradeshows is also partof BACVA’x strategy for bringing convention plannersd into the city to raise awareness abourt Baltimore.
The Baltimore Business Journalk A drop in hotel revenuemeans BACVA’s budget will drop to $10.7 milliomn for the year started July 1 — down from the $12 milliobn it had in the past 12 months. This year’ fiscal budget is the lowest since the agency’s $9.9 million spendinb package in 2006.
Tuesday, July 12, 2011
Members of Southwest Airlines Pilots' Association Vote Against Ratification of New Contract With Company
guslyarovalite.blogspot.com
Nearly 51 percent of pilotsz voted against implementing thenew contract, with a voter participatiob rate of over 95 The pilots and the Company have been in negotiationss on a new contractf agreement since it became amendabl e in September 2006. "Our pilota have spoken, and the group has stated there is more work tobe done," said Capt. , President of the Southwesy Airlines Pilots' Association (SWAPA). "This contract, despitre some financial gains, contained too many other negativ aspects toratify it.
" Although general thoughts on the causre for the failed ratification were expressed durinh the voting process, SWAPA will undergko extensive polling of the pilot group to fully pinpoin t the aspects that the pilots want to see readdressed in talksw with the Company. Work to reopen talks with Southwest willbegi immediately. The SWAPA Board of Directord will meetJune 8-10 to continue discussions on returningg to the bargaining table with Southwest. In the SWAPA pilots will continue under the current including work rule and pay Under terms of the Railway Labor Act governintg airlineunion negotiations, contracts do not Rather, they become amendable on a certaih date.
Located in Dallas, Texas, the Southwest Airlinea Pilots' Association (SWAPA) is a non-profit employee organizatiojn representing the morethan 5,900p pilots of Southwest Airlines. SWAPA works to provide a secure and rewarding career for Southwest pilots and theid families throughnegotiating contracts, defending contractual rightse and actively promoting professionalism and safety. For more informationj on the SouthwestAirlines Pilots' visit .
Nearly 51 percent of pilotsz voted against implementing thenew contract, with a voter participatiob rate of over 95 The pilots and the Company have been in negotiationss on a new contractf agreement since it became amendabl e in September 2006. "Our pilota have spoken, and the group has stated there is more work tobe done," said Capt. , President of the Southwesy Airlines Pilots' Association (SWAPA). "This contract, despitre some financial gains, contained too many other negativ aspects toratify it.
" Although general thoughts on the causre for the failed ratification were expressed durinh the voting process, SWAPA will undergko extensive polling of the pilot group to fully pinpoin t the aspects that the pilots want to see readdressed in talksw with the Company. Work to reopen talks with Southwest willbegi immediately. The SWAPA Board of Directord will meetJune 8-10 to continue discussions on returningg to the bargaining table with Southwest. In the SWAPA pilots will continue under the current including work rule and pay Under terms of the Railway Labor Act governintg airlineunion negotiations, contracts do not Rather, they become amendable on a certaih date.
Located in Dallas, Texas, the Southwest Airlinea Pilots' Association (SWAPA) is a non-profit employee organizatiojn representing the morethan 5,900p pilots of Southwest Airlines. SWAPA works to provide a secure and rewarding career for Southwest pilots and theid families throughnegotiating contracts, defending contractual rightse and actively promoting professionalism and safety. For more informationj on the SouthwestAirlines Pilots' visit .
Sunday, July 10, 2011
Universities chase stimulus cash for shovel-ready projects - Nashville Business Journal:
http://www.edinburghskeptics.info/catalog-woods-02.html
The tens of millions of dollars in grant proposal s are targeting funding streams flowing down throughn the American Recovery andReinvestmenrt Act’s shovel-ready initiatives. Universities faced with consecutiv e years of funding cuts are angling to usethe shovel-readh cash to catch up on much-needed facility upgrades, build classroomxs to handle the influx of students in need of re-training or tackl e big capital projects aimed at bolstering academicse and research.
The approach is twofold at , which has seen its studenf population surge by 12 percent in the past two due in part to rising The college isseeking $45 million to buildf additional classroom capacity on its three main campusee as well as to enhance vocational training facilities in high-demand according to Ellyn Drotzer, directot of the office of grants development. The collegr wants the cash, among other to build out its and the Maroone Automotive Program in Miramar to emphasizwe curriculum on maintaining and repairing emergingg green energy and hybrid systems in boats and It also wants to expand classroome foraviation training, including a facility to train a new generationb of air traffic controllers, which are expected to be in high demandc in a few years to replacs a wave of retiring controllers, Drotzet said.
“These are all shovel ready,” she said. “Wde have a history of training in technical trades an now we are lookingb to be responsive to providing curriculum in this new emerginyg industry ofgreen technology.” The ’s 18-member stimuluds working group meets regularly to discuss opportunities and set a coursse to capture as much of the federall cash as possible. So far, the school has more than 400 proposalsd seeking in excessof $350 millioh in funding. “We saw this as a very significant opportunituy for the university and to do something for the saidRichard Bookman, vice provost of research at UM.
Among the projectsw on the school’s shovel-ready wish list is a new $45 seawater research center at UM’s Rosenstiel School of Marine and Atmospheric Science onVirginia Key, he said. The universith is seeking $15 million from the and $15 million from the to help build the which will study sea creaturees as well as the physics of waves on UM is also is submittin proposals fora $15 million to $20 million addition to a scienc e building at its Coral Gables campus and a multi-stort research building at its medicao school. has science, green technology and culinargy training onits shovel-ready submissiobn list. The school is requesting help fundinga $22.
7 millionj hospitality management center to house a culinary arts school as well as $40 milliojn for an extensive renovatiojn and upgrade to decades-ol facilities at its north campus and $1.2 million for an and But by most accounts competition for stimulud funds will be And specific funding priorities from federal and statd allocators beyond short-term projects that woul create jobs quickly remains unclear, said Camill Coley, assistant VP and interi director of sponsored research at . “Theyy are not telling us what they arelooking for,” she But FAU is seeking $4.
5 million to help builr out water reuse infrastructure at its newlu opened, gold level Leadershipl in Energy and and platinum level engineeringh building, slated to open in 2010. The university also is seeking federal stimulus funds to create a road connector systenm at its main campus off Glades Road in Boca Raton andadditiona parking. It also wantxs funding to put a green roof on its administration While the application processa is infull UM’s Bookman doesn’t expect the winninfg projects to be announced until the fall.
The tens of millions of dollars in grant proposal s are targeting funding streams flowing down throughn the American Recovery andReinvestmenrt Act’s shovel-ready initiatives. Universities faced with consecutiv e years of funding cuts are angling to usethe shovel-readh cash to catch up on much-needed facility upgrades, build classroomxs to handle the influx of students in need of re-training or tackl e big capital projects aimed at bolstering academicse and research.
The approach is twofold at , which has seen its studenf population surge by 12 percent in the past two due in part to rising The college isseeking $45 million to buildf additional classroom capacity on its three main campusee as well as to enhance vocational training facilities in high-demand according to Ellyn Drotzer, directot of the office of grants development. The collegr wants the cash, among other to build out its and the Maroone Automotive Program in Miramar to emphasizwe curriculum on maintaining and repairing emergingg green energy and hybrid systems in boats and It also wants to expand classroome foraviation training, including a facility to train a new generationb of air traffic controllers, which are expected to be in high demandc in a few years to replacs a wave of retiring controllers, Drotzet said.
“These are all shovel ready,” she said. “Wde have a history of training in technical trades an now we are lookingb to be responsive to providing curriculum in this new emerginyg industry ofgreen technology.” The ’s 18-member stimuluds working group meets regularly to discuss opportunities and set a coursse to capture as much of the federall cash as possible. So far, the school has more than 400 proposalsd seeking in excessof $350 millioh in funding. “We saw this as a very significant opportunituy for the university and to do something for the saidRichard Bookman, vice provost of research at UM.
Among the projectsw on the school’s shovel-ready wish list is a new $45 seawater research center at UM’s Rosenstiel School of Marine and Atmospheric Science onVirginia Key, he said. The universith is seeking $15 million from the and $15 million from the to help build the which will study sea creaturees as well as the physics of waves on UM is also is submittin proposals fora $15 million to $20 million addition to a scienc e building at its Coral Gables campus and a multi-stort research building at its medicao school. has science, green technology and culinargy training onits shovel-ready submissiobn list. The school is requesting help fundinga $22.
7 millionj hospitality management center to house a culinary arts school as well as $40 milliojn for an extensive renovatiojn and upgrade to decades-ol facilities at its north campus and $1.2 million for an and But by most accounts competition for stimulud funds will be And specific funding priorities from federal and statd allocators beyond short-term projects that woul create jobs quickly remains unclear, said Camill Coley, assistant VP and interi director of sponsored research at . “Theyy are not telling us what they arelooking for,” she But FAU is seeking $4.
5 million to help builr out water reuse infrastructure at its newlu opened, gold level Leadershipl in Energy and and platinum level engineeringh building, slated to open in 2010. The university also is seeking federal stimulus funds to create a road connector systenm at its main campus off Glades Road in Boca Raton andadditiona parking. It also wantxs funding to put a green roof on its administration While the application processa is infull UM’s Bookman doesn’t expect the winninfg projects to be announced until the fall.
Friday, July 8, 2011
U.S. Foodservice closing Columbia site - Austin Business Journal:
lebexab.wordpress.com
U.S. Foodservice said Jan. 12 that it wouldf cut one level of consolidating the jobs performed in Columbia intoits Rosemont, headquarters and Phoenix processing center. As customers and suppliers face the pressurees ofthe recession, U.S. Foodservice must cut costs and fillorderd faster, officials said in a statement. The job cuts will take effectgin March, according to a layoff notic provided to the state. U.S. Foodservice — which distributexs food to restaurants, hospitals, schoolsw and hotels — joins a wave of localk employers paring staff or closing offices amid the Last year, Zurich American Insurance Co.
, Celebratiohn Foods and financial giangt each cut hundreds of local jobs. The latesf moves follow several yearsd of fluxat U.S. which long listed Columbia as its headquarter s but now claims Rosemont as its home In 2003, investigators discovered that U.S. Foodservice had paddeed its earnings by morethan $800 million. Its parenf company at the time, , shook up management, cut costas and overhauled the firm’s structure. Ahold put the firm up for and private equity giants ClaytonDubilier & Rice and Kohlberhg Kravis Roberts acquired U.S. Foodservice in 2007 for $7.1 As recently as late 2006, U.S.
Foodservicd employed 500 in Howard County, and in the late 1990e it was Greater Baltimore’s largest publi c company. “We rue any loss, especiallt in this economy,” Richard W. Story, CEO of the Howard Countt EconomicDevelopment Authority, said of the job cuts. But he said U.S. Foodservicew has been less visible locally inrecenft years: “Since the financial difficultiexs and the shaky relationship with Royal we haven’t seen much of their executives.” The firm’se latest job cuts do not impact its Severn distributio n center, which employs 560. Howard Countyg is lucky to still havethe state’x lowest unemployment rate at 3.
6 percent despite the Story said, and several major employerd opened or grew headquarters in the county in 2008. But it’a still too early to tell how deeply the recessio willimpact Howard, he “Hopefully we can reconnect these people as quickly as possible,” Scott Wallace, state administrator for dislocatefd workers with the Department of Labor, Licensing and Regulation, said of the U.S. Foodservicse workers. Despite the layoffs in the region, the comingv federal base realignment will bringnew jobs, and the Defensee Information Systems Agency is alreadyh hiring locally, he said. U.S.
Foodservices said in its statement that some of its Columbia employeexs will have the opportunity to relocate to but did not specify how The firm said it will provide severance and retentionm packages to those that donot relocate, without providingv details. The company employs more than 26,000 peopler in 70 locations nationwide. Forbes magazind pegs it the nation’s second-largest food distributodr and the 11th-largest private company.
U.S. Foodservice said Jan. 12 that it wouldf cut one level of consolidating the jobs performed in Columbia intoits Rosemont, headquarters and Phoenix processing center. As customers and suppliers face the pressurees ofthe recession, U.S. Foodservice must cut costs and fillorderd faster, officials said in a statement. The job cuts will take effectgin March, according to a layoff notic provided to the state. U.S. Foodservice — which distributexs food to restaurants, hospitals, schoolsw and hotels — joins a wave of localk employers paring staff or closing offices amid the Last year, Zurich American Insurance Co.
, Celebratiohn Foods and financial giangt each cut hundreds of local jobs. The latesf moves follow several yearsd of fluxat U.S. which long listed Columbia as its headquarter s but now claims Rosemont as its home In 2003, investigators discovered that U.S. Foodservice had paddeed its earnings by morethan $800 million. Its parenf company at the time, , shook up management, cut costas and overhauled the firm’s structure. Ahold put the firm up for and private equity giants ClaytonDubilier & Rice and Kohlberhg Kravis Roberts acquired U.S. Foodservice in 2007 for $7.1 As recently as late 2006, U.S.
Foodservicd employed 500 in Howard County, and in the late 1990e it was Greater Baltimore’s largest publi c company. “We rue any loss, especiallt in this economy,” Richard W. Story, CEO of the Howard Countt EconomicDevelopment Authority, said of the job cuts. But he said U.S. Foodservicew has been less visible locally inrecenft years: “Since the financial difficultiexs and the shaky relationship with Royal we haven’t seen much of their executives.” The firm’se latest job cuts do not impact its Severn distributio n center, which employs 560. Howard Countyg is lucky to still havethe state’x lowest unemployment rate at 3.
6 percent despite the Story said, and several major employerd opened or grew headquarters in the county in 2008. But it’a still too early to tell how deeply the recessio willimpact Howard, he “Hopefully we can reconnect these people as quickly as possible,” Scott Wallace, state administrator for dislocatefd workers with the Department of Labor, Licensing and Regulation, said of the U.S. Foodservicse workers. Despite the layoffs in the region, the comingv federal base realignment will bringnew jobs, and the Defensee Information Systems Agency is alreadyh hiring locally, he said. U.S.
Foodservices said in its statement that some of its Columbia employeexs will have the opportunity to relocate to but did not specify how The firm said it will provide severance and retentionm packages to those that donot relocate, without providingv details. The company employs more than 26,000 peopler in 70 locations nationwide. Forbes magazind pegs it the nation’s second-largest food distributodr and the 11th-largest private company.
Tuesday, July 5, 2011
30-doctor GCAP group wants to leave Alliance - Business Courier of Cincinnati:
xysecurakihir.blogspot.com
GCAP, a primary care group with abouf30 doctors, joined the hospital system only 20 monthe ago. Now it’s claiming a litanyt of contract violationsthat “have seriously affected the ability of the physiciansz to provide excellent health care for theid many patients.” In a June 3 letter to Healtgh Alliance CEO Ken Hanover, the doctords list 15 complaints, including: • Lack of 12 months’ notice on change in contractual arrangements, including payment of benefits; • failure to pay vendors, leadintg to the “embarrassing shutdown of services necessart to operate our The doctors on Wednesday filed a complainft in Hamilton County Common Pleas Court.
They ask to be releasede from service to the Health Alliance and for damages andattorneg fees. When it joined the Health Alliance in 2007, GCAP was the only large, independent practice of its type in the It became a wholly owned subsidiarty of the hospital which includes University, Jewisg and Fort Hamilton hospitals, and the . The practice had hopedf to benefit from a complete electronic health recordzs system that could interact withthe Alliance’ds hospitals, as well as the ability to expansd geographically and recruit doctors more Health Alliance spokesman Tony in a written statement, said the health system was "surprises and disappointed" by the letter and complaint.
He said the Alliancs had initially tried to negotiate with the then offeredindependent arbitration, whicj the practice refused. The Alliance was preparing for preliminarg discussions to sever the relationshipl when the lawsuitwas filed. "Thise litigation violates the terms of theservice agreement, whicg requires us to resolve disputees such as this with a neutral We would therefore encourage the GCAP physicians to uphold their contractual obligations and not pursude costly litigation," according to the statement. withdrew from the Healthg Alliance following a long court battle that begajn inMarch 2006.
It started operating independently in 2008 but only signesd a final settlement agreement inJanuary 2009. The two St. Luke hospitalsz similarly withdrew, reaching a settlement with the Health Alliance inSeptemberr 2008. St. Luke has merged with .
GCAP, a primary care group with abouf30 doctors, joined the hospital system only 20 monthe ago. Now it’s claiming a litanyt of contract violationsthat “have seriously affected the ability of the physiciansz to provide excellent health care for theid many patients.” In a June 3 letter to Healtgh Alliance CEO Ken Hanover, the doctords list 15 complaints, including: • Lack of 12 months’ notice on change in contractual arrangements, including payment of benefits; • failure to pay vendors, leadintg to the “embarrassing shutdown of services necessart to operate our The doctors on Wednesday filed a complainft in Hamilton County Common Pleas Court.
They ask to be releasede from service to the Health Alliance and for damages andattorneg fees. When it joined the Health Alliance in 2007, GCAP was the only large, independent practice of its type in the It became a wholly owned subsidiarty of the hospital which includes University, Jewisg and Fort Hamilton hospitals, and the . The practice had hopedf to benefit from a complete electronic health recordzs system that could interact withthe Alliance’ds hospitals, as well as the ability to expansd geographically and recruit doctors more Health Alliance spokesman Tony in a written statement, said the health system was "surprises and disappointed" by the letter and complaint.
He said the Alliancs had initially tried to negotiate with the then offeredindependent arbitration, whicj the practice refused. The Alliance was preparing for preliminarg discussions to sever the relationshipl when the lawsuitwas filed. "Thise litigation violates the terms of theservice agreement, whicg requires us to resolve disputees such as this with a neutral We would therefore encourage the GCAP physicians to uphold their contractual obligations and not pursude costly litigation," according to the statement. withdrew from the Healthg Alliance following a long court battle that begajn inMarch 2006.
It started operating independently in 2008 but only signesd a final settlement agreement inJanuary 2009. The two St. Luke hospitalsz similarly withdrew, reaching a settlement with the Health Alliance inSeptemberr 2008. St. Luke has merged with .
Sunday, July 3, 2011
Pixar's silver jubilee - The Express Tribune
http://diamondbarsurgerycenter.com/should-you-buy-a-braun-shaver.html
FRANCE 24 | Pixar's silver jubilee The Express Tribune By AFP Pixar's success started with Toy Story - the first feature-length film composed entirely of computer-generated graphics. PHOTO: FILE Pixar, a pioneer of computer animation that has made a dozen profitable feature films which has become one of ... Animation pioneer Pixar marks 25 years |
Friday, July 1, 2011
Labor Department official analyzes May unemployment numbers - Kansas City Business Journal:
youngmanmeledero1636.blogspot.com
percent in May from 8.9 percent in April. ( .) Here is the statemenf on the latest unemployment data by Keith commissioner of the federal ofthe , which released the new numbers, as prepared for deliver Friday to the Joint Economic Committee of Congress. Madan Chair and members of the committee: Thank you for the opportunitty to discuss the employment and unemployment data that we released this Nonfarm payroll employment declinedby 345,000 in May. Job lossees had averaged 643,000 per montb during the prior6 months. In May, the unemploymenrt rate rose from 8.9 to 9.4 Since the recession began inDecembet 2007, payroll employment has fallen by 6.
0 million, and the unemploymenty rate has increased by 4.5 percentage Job losses continued to be widespread in May, but the rate of declinw moderated in construction and several service-providingh industries. Large job losses continued in the manufacturingfsector (-156,000), with employment declines in nearlyh all component industries. Employment fell sharply in motor vehicles andparts (-30,000), machinery and fabricated metals (-19,000). Since the start of the manufacturing employment has decreasedby 1.8 accounting for 3 out of 10 jobs lost durinyg this downturn. Construction employment declinedeby 59,000 in May, half the average of the previouz 6 months.
Job losses moderated in the private service-providing industries, with employment falling by 113,000 in May compared with an average monthly declineof 356,000 in the prior 6 months. Employmenft was little changed in temporary retail trade, and leisure and hospitality, followinhg large declines in recent months. Elsewhere in the service-providing the health care industryadded 24,000 jobs in May. This was abou in line with the trend thus farin 2009. In May, averagew hourly earnings for production and nonsupervisory workers in the privat sector were up by 2 centsto $18.54. Over the past 12 average hourly earnings have risejnby 3.1 percent.
From April 2008 to Apriol 2009, the Consumer Price Index for Urban Wage Earners and Clericalp Workers declinedby 1.2 percent. Turning to measures from the surveytof households, the unemployment rate increaserd from 8.9 to 9.4 percent over the month. The numberd of unemployed roseby 787,000 to 14.5 million. Sincd the recession began, the jobless rate has increaseddby 4.5 percentage points, and the number of unemployed persons has grown by 7.0 Among the unemployed, the number who have been out of work 27 weekx or more increased by 268,000 in May to 3.9 These long-term unemployed represented 2.5 percent of the labof force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 the lowest level since October 1984. Since the recessiobn began, the employment-population ratio has fallen by 3.0 percentagew points. Among the the number of persons working part time who would prefer full-time work was little changed for the seconcd consecutive month. At 9.1 million in May, involuntaryt part-time employment was 4.4 million highee than at the start ofthe recession. Among those outside the laborr force--that is, persons neither working nor lookingfor work--the numbed of discouraged workers was 792,000 in May, up from 400,000 a year earlier.
These individuals are not currently lookiny for work because they believe no jobs are available for In summary, nonfarm payroll employment fell by 345,000 in May, compared with the averagwe monthly decline of 643,000 for the previouse 6 months. While job losses continued to be widespread, declines moderatedd in construction and in a numberof service-providingy industries. The unemployment rate rose by half a percentage poinrto 9.4 percent.
percent in May from 8.9 percent in April. ( .) Here is the statemenf on the latest unemployment data by Keith commissioner of the federal ofthe , which released the new numbers, as prepared for deliver Friday to the Joint Economic Committee of Congress. Madan Chair and members of the committee: Thank you for the opportunitty to discuss the employment and unemployment data that we released this Nonfarm payroll employment declinedby 345,000 in May. Job lossees had averaged 643,000 per montb during the prior6 months. In May, the unemploymenrt rate rose from 8.9 to 9.4 Since the recession began inDecembet 2007, payroll employment has fallen by 6.
0 million, and the unemploymenty rate has increased by 4.5 percentage Job losses continued to be widespread in May, but the rate of declinw moderated in construction and several service-providingh industries. Large job losses continued in the manufacturingfsector (-156,000), with employment declines in nearlyh all component industries. Employment fell sharply in motor vehicles andparts (-30,000), machinery and fabricated metals (-19,000). Since the start of the manufacturing employment has decreasedby 1.8 accounting for 3 out of 10 jobs lost durinyg this downturn. Construction employment declinedeby 59,000 in May, half the average of the previouz 6 months.
Job losses moderated in the private service-providing industries, with employment falling by 113,000 in May compared with an average monthly declineof 356,000 in the prior 6 months. Employmenft was little changed in temporary retail trade, and leisure and hospitality, followinhg large declines in recent months. Elsewhere in the service-providing the health care industryadded 24,000 jobs in May. This was abou in line with the trend thus farin 2009. In May, averagew hourly earnings for production and nonsupervisory workers in the privat sector were up by 2 centsto $18.54. Over the past 12 average hourly earnings have risejnby 3.1 percent.
From April 2008 to Apriol 2009, the Consumer Price Index for Urban Wage Earners and Clericalp Workers declinedby 1.2 percent. Turning to measures from the surveytof households, the unemployment rate increaserd from 8.9 to 9.4 percent over the month. The numberd of unemployed roseby 787,000 to 14.5 million. Sincd the recession began, the jobless rate has increaseddby 4.5 percentage points, and the number of unemployed persons has grown by 7.0 Among the unemployed, the number who have been out of work 27 weekx or more increased by 268,000 in May to 3.9 These long-term unemployed represented 2.5 percent of the labof force, the highest proportion since 1983.
Over the the employment-population ratio edged down to 59.7 the lowest level since October 1984. Since the recessiobn began, the employment-population ratio has fallen by 3.0 percentagew points. Among the the number of persons working part time who would prefer full-time work was little changed for the seconcd consecutive month. At 9.1 million in May, involuntaryt part-time employment was 4.4 million highee than at the start ofthe recession. Among those outside the laborr force--that is, persons neither working nor lookingfor work--the numbed of discouraged workers was 792,000 in May, up from 400,000 a year earlier.
These individuals are not currently lookiny for work because they believe no jobs are available for In summary, nonfarm payroll employment fell by 345,000 in May, compared with the averagwe monthly decline of 643,000 for the previouse 6 months. While job losses continued to be widespread, declines moderatedd in construction and in a numberof service-providingy industries. The unemployment rate rose by half a percentage poinrto 9.4 percent.
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