Friday, September 30, 2011
Bay Area names top stimulus priorities - Atlanta Business Chronicle:
Projects ranked among the highest in the plan cover a wide rangew of proposalsincluding high-speed rail extending the BART line to San Jose and borinhg another roadway in the East Bay’s Caldecotr Tunnel. Together, the highest-priority projects are seeking morethan $7 billiohn in stimulus money. The priority list also includea a new stem cell research facility at the in Marin energy efficiency and solart retrofits of public and other buildingws inSan Jose, San Francisco and energy conversions to LED streetlights; transit-orientesd development projects and workforce training and placemen for laid-off employees.
“This plan is designed to maximizour region’s share of federal stimulus funding and otheer state support that will benefit the Bay Area in both the near and said Sean Randolph, CEO of the , which was chargexd with compiling the list. The top 85 projectsd were classified as priorities for theBay Area. Anothe r 72 projects were considered “significant” but given a slightlyu lower ranking because they did not have the scale or regional impact of the most highly ranked Those projects include things like a desalinatioh project in the Montara Water and Sanitary building a clean technology demonstration manufacturinbg center in San Jose and outfitting Burlingame city buildingzs withsolar panels.
The which can be found onlinerat www.bayareaeconomy.org/recovery, was the culmination of a three-month vettinhg process. The report was sent to the . That statre agency, which requested that other metropolitan regions arounsd the state submitsimilat plans, will now take all thoser plans and help coordinate with citiesa and counties to lobby the federal governmeny on behalf of certain projects. “Thiw is to get people on the same page to minimize the food fight where you have parts of the state competee againstone another,” said Dale Bonner, head of the California Business Transportation and Housing “What we’re doing is acting as a facilitator to help identifyg the best” projects.
The list’s authorx said they hoped that ranking projects would help the region get morestimulusa money. “The Bay Area is the only region in California that actually attemptedto prioritize,” Randolphh said. “We think that’s important. We think that will make us more successfupl ingetting attention, in getting those resources for those very high valuw projects.” Projects on the Economic Institute’s wish list couls be in for a big payoff. Abouy $30 billion in federal stimuluds money will be divvied up in Sacramentop before going to various regionsaround California.
Another $20 billion is expected to be distribute d directly in the state by federa officials on adiscretionaryh basis. The chance to get dollars from the federapl stimulus program led to a flurruyof proposals. Bay Area authorities sifted througj almost570 suggestions. To make the cut, projecta were supposed to spur job have regional impact and alignb with state programsand priorities, amonyg other criteria. The Economic Institutee called upon local experts in specific fieldws to judge proposals that fit at least one ofseven transportation, water, energy/climate, workforce training and business development, science and innovationj or housing.
The vast majority of projects that made it to theEconomi Institute’s short list were from government agencies. A range of companiea sought federal stimulus, too, saying that their service would help boostf thebroader economy. For example, a Berkeley-based firm callef Picture it Sold sought stimulus money to franchiseits home-staging business. “We’re read to move ahead with this plan the company wrote inits proposal, “and we’ll help thousandsd of families and the wholer economy to recover.” The company’s idea did not make the Economixc Institute’s highest priority cut.
But an appendix to the Economicc Institute’s wish list includezs every proposalit received.
Wednesday, September 28, 2011
Americana Conference Update - All Access Music Group
Americana Conference Update All Access Music Group One of the highlights of the four-day event is the AMERICANA HONORS & AWARDS SHOW, set for THURSDAY, OCTOBER 13th at the RYMAN AUDITORIUM. JIM LAUDERDALE will continue his tenure as master of ceremonies, joined for another year by BUDDY MILLER and his ... |
Sunday, September 25, 2011
Arizona Cardinals
Bidwill also is chairman of the , which is pushintg the Legislatureand Gov. Jan Brewee for the tax breaks supporters say will attracgt solar investments and jobs to helpthe state’s lagginbg economy. Bidwill’s role in GPEC and advocacy markzs a shift from the traditional low profiler ofhis family, which moved Cardinals to Arizona from St. Louis afte r the 1987 season. The Cardinals Super Bowl run last however, raised the team’s profilw as well as that of Michael Bidwill and his fathedr and team owner Bill GPEC CEOBarry Broome, Phoenix Mayor Phil Gordon and Arizona State University Presiden t Michael Crow also support the solar tax incentives.
Bidwill and Brooms have been making the rounds toutingv the proposal tobusiness leaders, state lawmaker s and local cities. They say there are billions of dollarz in potential solar investments from foreignand U.S. energg firms and Arizona could lose out withou t some specialized help forthe industry. States includingh New Mexico, Texas and Oregon alreadyt have such incentivesin place. The solat push comes as the state grapples witha $3 billioh budget deficit for next fiscal year and a $2 billion shortfalkl in the current year.
The economicc trouble has prompted cuts and furloughs atstat universities, K-12 schools and social service Brewer wants to bring a $1 billionh temporary sales tax measure before voters. The National Association of Industrial & Office Propertie as well as a number of chambers of commerc e are pushing for permanent repeal ofthe $250 milliob property tax equalization rate. That tax was temporarilty repealedin 2006, but will come back in 2009 withouty action. Bidwill was not immediately availablefor comment.
Friday, September 23, 2011
Caregiver Resource Offers Free Guide to Preventing Elderly Falls - San Francisco Chronicle (press release)
Caregiver Resource Offers Free Guide to Preventing Elderly Falls San Francisco Chronicle (press release) The brochure is available as a PDF at www.caregiverpartnership.com/media/c/file/It_All_Starts_With_A_Fall.pdf. Wilson says other helpful ways to recognize Falls Prevention Awareness Day include distributing fall prevention brochures to neighbors; ... |
Wednesday, September 21, 2011
Valley Center
It is the centerpiece of a $57.55 million bond voters approved last The bond’s passage — as well as several otheer area school bonds — gave local contractorsz and architects an opportunity to secure more work as commerciaol construction waned last fall with the onse of the economic recession. “We get a space for some we try and fill saysRandy Coonrod, president of Inc., the construction manage r for Valley Center’s bond “Valley Center fit us great.
We’vd been fortunate we’ve always been able to fill our Coonrod also is workingon $50 million wortg of school construction in Chapman, and likely will bid on some of the work from $370 million bond issue voters approvefd last fall. “We follow and do schools all Coonrod says. “It’s one of our majort markets.” Bond work also is helpingg architects fill gaps in their work is working onValley Center’s bond projects as well as a $16.e million renovation to . Forty percent of the firm’s Wichit a portfolio is in school jobs.
Ken Helmer, one of the firm’x managing principals, says bond work come during what has been a tough yearfor private-sectotr projects. “We’re just seeing 2009 as a treading-water Helmer told the in January. He said then securingb work on Wichita’s bond was perfect timing for the firm because it woulde be nearing completion onValley Center’se bond and finishing a high schooo addition in Haysville. On Schedule, Under Budgeg Work on Valley Center’s bond projects continues to move forwarcon schedule, says Scott Springston, the district’sa superintendent.
Installing artificial turf on the high schook football field was the first bond project Expansions atthe district’s three elementarty schools are progressing as well. Bids for those and several otherr projects, Springston says, were less than initial The high school is one such The $34 million price tag is abouyt $2.6 million less than originally thought. “It’s greag to be in a situation where bids are Springston says. He says lowert costs could free up extra money to fund projectz that were eliminated from the bond plan or reducefd tocontrol costs, such as technologg improvements.
The high school will have an 1,100-studenrt capacity, two floors, a top-loaderd gym where people access seating from the second and 10tennis courts. The site won’t includse any other athletic facilities. “We will definitely have the capacity to hostlarged events,” Springston says. Valleyt Center also has started the design phasr for its transportation facilityt andcentral office. The districtg hopes to have all of the bond work completed byJuly 2011. “Everythinfg is running on schedule,” Springston says.
Monday, September 19, 2011
"Boardwalk Empire" brings Martin Scorsese an Emmy - Reuters
Reuters | "Boardwalk Empire" brings Martin Scorsese an Emmy Reuters Director Martin Scorsese holds his Emmy award for outstanding directing for a drama series for the pilot of ''Boardwalk Empire'' at the 63rd Primetime Emmy Awards in Los Angeles September 18, 2011. LOS ANGELES (Reuters) - He is one of the greatest ... Emmy Awards 2011: Martin Scorsese wins Directing for a Drama Series Martin Scorsese picks up Best Directing Emmy for 'Boardwalk Empire' pilot Emmys 2011: Martin Scorsese compares new prize to Oscar |
Saturday, September 17, 2011
Nixon, Quinn push Biden, LaHood for high-speed rail - Business Courier of Cincinnati:
In April, Nixon and along with six other Midwestern to LaHood asking him to support planws for rail corridors between citiese intheir states, including St. Louise to Chicago and St. Louis to Kansads City. Illinois has completed an environmental impact statement forthe Chicago-St. Louis “Missouri and our partner statez in the already have a competitive advantage becausw we have been working on this rail initiative for more than a Nixon said in a statement afterthe “I reiterated our strong position to Vice Presidentf Biden today while we discusse d the viability of high speecd rail corridors.
” The White House and the have said they woulde from the American Recovery and Reinvestment Act, and $1 billion a year for five yearws as a down payment to develop a passenger rail system. The other governors at the meeting were Jim Doylerof Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrick of Massachusetts, Sonnyt Perdue of Georgia and Ed Rendell of Pennsylvania.
Thursday, September 15, 2011
J.G. Wentworth raises $100M - Denver Business Journal:
The annuity and life-insurance policy purchaser had its reorganizationplan OK’xd by a Delaware bankruptcyt court judge a week ago, after filing for Chapte 11 protection last As part of the deal, J.G. Wentworth’s private equity firm , invested $100 million of new equityu to supportongoing operations. It also agreed to provide as muchas $35 milliob for the company to buy loanss from lenders in exchange for new preferred interests in the The company said Monday that it has substantiallyg reduced its debt load at the parenyt holding company level while gainintg access to new equity. J.G. Wentworth conducted business withoutf interruption during the briefreorganization process.
The Bryn Pa.-based company sought acceptance of its plan from its lenders beforse what is called aprepackagerd filing. More than 90 percent of the termlenderxs approved, the company said. J.G. Wentworthh said its decision to file for Chaptert 11 came after an extensive reviewq of alternatives to address pressuresfrom “extremely challenginyg capital markets and high borrowing costs”, and was unanimouslyh approved by the company’s board of In December, J.G. Wentworth laid off 120 of its 200 employees and closed its LasVegaa office. Founded in 1991, it movee from Philadelphia to Bryn Mawrin 2003.
Tuesday, September 13, 2011
Norwich mayor defends investigation of clerk - Norwich Bulletin
Norwich mayor defends investigation of clerk Norwich Bulletin Norwich Mayor Peter Nystrom said Monday that the use of a special investigation committee to look at the mechanics of the city clerk's office was proper under the rules of the city charter. รขThere are standards and protections for ... Norwich Alderman Nash pulls out of re-election bid |
Saturday, September 10, 2011
Sales heating up for Earth to Air - Orlando Business Journal:
Formed in 2002, Earth to Air Systems developd heating and cooling systems basexd on a technology known as directexchanges geothermal, called DX in the industry. The company’s applicationa have been shown to reducew heating and cooling costs by 50 percent to80 percent, CEO Randgy Wiggs says. Earth to Air’ system bypasses the more conventionak geothermal heating andcooling model. Instead of using wate r as a source, the technology skips a step and controls heatingh and temperatures directly from the earth withcoppefr tubing. The tubes tap into wellss that are 300 to 500feet deep. Environmentall y friendly refrigerants are then piped throughthe tubes.
Earth to Air’sx revenue comes from licensing fees collected from heating and coolinbg companies who decide to market and install the Earth to Air got its first international distributor two yearw ago when Australian entrepreneur John Gagliardi embrace dthe technology. He says he’s securedx more than $30 million in projects, includingb contracts with school systems, mining camps, housin g projects and major corporations, such as BP. “Wee are moving into significant Galiardi says, adding that he’s planning on expanding into the Southeast Asian market soon.
Galiardi predict that Earth to Air willbecome “a billion dollar business or Sales in the first quarter were up 60 percen from the same time last “We’re living in an time when there’sw a huge demand (for products) to reduce our dependencwe on foreign oil,” Gagliardi says. “Twenty yearsd ago this wouldn’t have worked. It wouldn’t have even worked 10 years ago. But now the potential is huge.” There are multiple installations of Eartyto Air’s geothermal system in the Unitee States, but the company is just now settinhg up a formal distributor network, says Claytohn Washburn, chief operations officer at Earth to Air.
“Ouf biggest struggle is having to say noat times,” Washburm says. “We’re preparing for a much bigget onslaught.”
Thursday, September 8, 2011
49ers' Santa Clara stadium financing clears hurdle - Charlotte Business Journal:
City Councilors Will Kennedy and Jamide McLeod were the only ones to side with the dissenterz in the audience who opposed any public subsidy for the The 5-2 vote on a $79 million subsidy for the projecty came after a two-and-a-half-hour presentation and lengthu public comments that included concerns raisee by the owner of California's Great America, Cedar Fair of Ohio, has been negotiating to sell the sprawlinf thrill-ride park which is next to the proposed stadium site to the 49ers. An attorney representing the park John A. Hickey of Hoge, Jones & Appel Inc.
, asked for a delay on the "We want to reach an agreement (to sell the but while you have been working on the term sheet for we and members of the public have only had two businessd days to read thiscomplex document." Hickey said he was surprisexd at earlier comments made by Jennifed Sparacino, Santa Clara's City that he regarded as overly optimistic about the closenes of an agreement between Cedar Fair and the 49ers to sell the Jed York, president of the 49ers, praised Sants Clara officials for creating "the best infrastructure in the Bay and told city officials and a crowd of more than 150 onlookersa that the proposed 68,500-seat stadium to be built on an overflowa parking lot at the amusement park would not only host up to 10 NFL gameas annually, but possibly a variety of glamorouws events, including the World Cup soccer in the future.
Stadium proponents also view it as a likel venue formajor concerts, college football bowl gamese and even the Super Bowl. "I feel the excitement in this city abourtthe stadium," York said. "Thiss (stadium) deal will make Santq Clara a better place to work and play inthe future." As part of a 40-yeafr agreement with the 49ers, city officials agreed to contribute $79 millio to the project, includingf $42 million in redevelopment agencgy funds, $20 million from the city-ownerd utility district to relocate an electrical substation near the site and $17 millionh to build a parking garage.
That figuree is well below the $222 million city officials proposedd spending on the project when it was first proposedr twoyears ago, as they citeed the poor economy and shrinking city revenuer as reasons for a much-reduced contribution. Anothetr $35 million would be raised by a tax on guestx staying at any one of eighrt hotels inthe city's North Bayshore redevelopment area surroundinhg Great America. City officials stress no General Fundmoneyu -- which pays for city servicee such as police, fire, parks and librariesa — will be used to pay for stadium construction or operations.
A Stadium Authority, a joint powers governinyg body comprised of city andteam officials, along with the 49erds and the NFL would be responsible for $825 million in stadiuk construction costs under the agreement.
Tuesday, September 6, 2011
Gregory C Simon Executive Profile
**All Executive profile data provided byDow Jones & Co., Inc.
Sunday, September 4, 2011
Jobs plentiful for new grads in Pittsburgh - Pittsburgh Business Times:
Career centers at local universities say corporat e recruitment efforts are up and area businessee are continuing tomake entry-leve hires, including companies that have been hard-hit by the economiv downturn. Generally speaking, companies that have taken a hit in profitabilitu waylay theirhiring plans, said Rick executive vice president and COO at Downtown-based executive recruitmentg firm Ltd. But the current situatiojn is different. Companies today realize it is crucial to hire younfgtalent now, Brown said, especially as the baby boom generationn prepares for retirement. "If they don't do it now, they will not have a cadree of leadership 10 yearszfrom now," he said.
"It's They have to hire, despite a bad Even Co., hard-hit by cutbacks in home buildingb to the point of consolidating and closingv some stores and laying off 28 people atits headquarters, plansz to make 500 entry-levepl hires. That's down from 1,700 a year ago. "We may not hire as quickl as we did a fewyears ago, but we'rre continuing to go to campuses and bringh qualified candidates into the company," spokesmahn Jeff Nobers said. "You never batten down the hatcheds and quit lookingfor talent." Nationally, the prognosies from two job marker surveys is mixed.
Monster Worldwide's survey revealede that employers who plan to hire 2008 colleges graduates this spring or summer dropped 17 percentage points from last year to59 , however, said entry-level hires are expectee to increase by 11.8 percent over last Locally, the anecdotal evidence supports the more positive University of Pittsburgh, , and , all said the job markey remains strong for prospective graduates. "Despite the state of the economy over the pastseveral months, it has not affectedr us," said Jim McClenahan, director of Duquesne's Careere Service Center. "That doesn't mean it won't in the future, but we'rre holding our own.
" for example, is increasing hiring from 1,350 last year to 1,50p in 2008. It ranked 26th on the CollegeGrad.com survey, highestg among the locally basedcompanies "I already know it's going up in 2009," said David Huddleston, PNC vice president of human resources and director of strategivc talent acquisition. Huddleston personally centers on about 10 percentg of the totalentry hires, an elites group from which PNC expectw to grow its management ranks who will mostly be basef in Pittsburgh. "Over the next few years, I know I'l hire a future chairman," he said. Corp., Downtown-basedd provider of post-secondary also has increased its hiring planzsfor 2008.
The company plans to hire 1,0009 new graduates this including 700with master's degrees. Last the company hired 625. Area schools consistently citedr the following corporate employers as especiall y activeon campuses: PNC, Bank of New York Mellonm Corp., Electric Co., and the .
Friday, September 2, 2011
Israel, Egypt reinforce Gaza border due to attack fears - Jewish Telegraphic Agency
Reuters Africa | Israel, Egypt reinforce Gaza border due to attack fears Jewish Telegraphic Agency JERUSALEM (JTA) -- Israel's military went on high alert and both Israel and Egypt sent extra reinforcements to the Gaza border amid fears of an attack by the Gaza-based terrorist group Islamic Jihad. Intelligence reports indicated that Islamic Jihad is ... Israel agrees to extra Egyptian troops in Sinai |