Saturday, May 12, 2012
NHL Network moves to popular Comcast channel lineup - Atlanta Business Chronicle:
The Philadelphia-based cable-television giant and the which is based inNew York, didn’tg reveal the agreement’s financial terms or specifty its length beyond calling it long-term. Comcastf (NASDAQ:CMCSA,CMCSK) has carried the network on its Sports Entertainmenrt Package the pasttwo years. That has abour 2 million subscribers and usually costz anadditional $5 to $7 a month. Abouft two-thirds of Comcast’s 17.3 million digita customers getDigital Classic, which is one step above Comcast’z base level of digital service. Comcast will still carr y the network on its Sports Entertainmenft Package for customers who get that but notDigita Classic.
The NHL Networkj carries regular seasonNHL post-game press conferences from the NHL All Star Game and Stanleyy Cup Finals, a daily highlights show during the and many other NHL-related features. The deal also givews Digital Classic customers access to NHL OnDemanr programming, which includes condenserd games, historic games and playetr profiles. Comcast last month resolvef a dispute with the NFL Network that resultes in Comcast moving the NFL Networ to the DigitalClassic lineup.
Friday, May 11, 2012
SunTrust to raise $1.4 billion in stock offer - Portland Business Journal:
billion through a stock offering to boostf its capital to meet federa lgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 million shares at $13 a In relation to the offering, SunTrust STI) suspended its previously announced $1.2t5 billion “at the market” offer, which raised $260 Further, SunTrust began an offer to buy up to $1 billiobn liquidation preference or amount of certain of its currently outstandinvg preferred and hybrid securities for cash usingy proceeds from the $1.4 billioh equity offering. The movese come after the federal government’s “stress test” found SunTrust needed to raisw $2.
2 billion in capital. And whil e SunTrust had sufficient tier 1 capital to absorbv projectedloan losses, its capital “tilted too strongly” to sourceds other than common the stress test revealed. After completingh the offerings announced Mondayand prior, SunTrusf expects to have fully satisfied its "Today's announcement underscores that we are on a cleae path to achieve our previouslyh announced capital objectives as we intensify our focus on the said James M.
Wells III, SunTrust chairman and CEO, in a Wells also noted completion ofthe company's capital-related initiatives will boosrt its ability to repay, upon regulatory approval and at the appropriate time, preferred stock gotten througb participation in the U.S. Treasury's Capital Purchase
Wednesday, May 9, 2012
Medicaid cuts payments to Colo. docs - Dallas Business Journal:
Included in the 2009-10 “longg bill” approved by state legislatora andColorado Gov. Bill Ritter, the cuts accountf for a $30.8 million reduction for Colorado medical But the Colorado Department of Healthy Care Policy and which was given some flexibility in implementinbgthe cuts, aimed to lower costzs by reducing “avoidable visits” to emergency rooms and encouraging primaru and preventative care. In doing so, the departmeng excluded primary care, preventative care and dentall services from takingthe cuts. Othef medical professionals who serve Medicaid clients will see a rate reductiohn no greater than2 percent.
The department said in a statement it believedthat across-the-board cuts would do “morre harm than good” to Medicaid clients. Despitwe the cuts, Alfred Gilchrist, CEO of the Coloradi Medical Society, said the group will make everu effort to encourage doctors to participate in the Medicai program during difficulteconomic times. Medicaid is a public health care insurance prograkfor Colorado’s low-income families, children, pregnant the elderly and people with disabilities. Eligibility is basefd on income and family The program is funded througha federal-state partnership. There were 462,032 people enrolled in Medicaid as ofMay 31, 2009.
Monday, May 7, 2012
Broadband stimulus money may spur partnerships for telecoms - Denver Business Journal:
billion of federal stimulus money earmarked tobrinfg high-speed Internet access to unserveds areas of the United States. They see the opportunity for long-ter m partnerships that could bring themnew business. Broomfield-based Inc. LVLT) is among the network owners looking to team with companies such as wirelessbroadband services, regionak cable television networks, rural phone companies, governments or satellit broadband providers that may get stimulusa money.
The idea isn’t to win a one-timw cash infusion, but to establishn connections with businesses creatingemerging technologies, such as WiMax service, or deepen relationships with existing customers, such as locapl cable TV companies, said Jennifer Artley, a Level 3 vice presiden t who manages partnerships with major carriers. “Relationships are sticky,” she said. “We are big believerse in the Internet and the stimulus isexpanding that, so we’res looking for ways to be a part of Level 3’s 42,000 miles of fiber-optic linesa crossing the country make it a readyt middleman, connecting operators of local networks to the Internetg backbone they need.
Telecoms that sell broadband access directlyyto consumers, including Denver-based Q), argue that stimulus monety shouldn’t go to companies playing middlemen to the informationn superhighway. Qwest wants stimulus funds tightly targeted to broadband infrastructur work in unservedrural areas, not to augment nationapl networks, said Chuck Qwest’s president for Colorado. “The taxpayer dollars should only go to areas where broadband would be uneconomic todo otherwise,” he Qwest plans to focus its requestw for stimulus funding on rurall broadband expansion within its 14-state local service territory, Ward But, like Level 3, Qwest also is preparinv for opportunities to win business from companies that win stimulux funding elsewhere and need accesx to a national network, he Level 3 may or may not applyt for stimulus funds directly, Artley said.
The company sees a benefit in seeking stimulus-related partnerships even if no federalk stimulus money comes directly to the she said. “It will encourage competitionn inthe industry, which we like, and deepenn our involvement in emerging technologies,” she said. Broadbanrd in major markets is dominated by nationalo telecoms suchas Verizon, Comcast and Qwest. Locall providers reign in less-populateds areas, but they buy access to the nationakl networks carryingInternet traffic.
Level 3 has signal-boostintg stations at 60-mile intervals on its fiber optic-lines, and each one can be made into an on ramp to the AccessingLevel 3’s nationak network from one of thoss stations in a rural area can save another companh the expense of having to builsd connections into the nearest It’s not clear whether so-callee “middle mile” services can win broadband stimulus funding from the or the Departmen of Agriculture’s Rural Utilities Service. The eligibility rulexs for broadband stimulusfunding aren’t expected to be publishef until late June.
Whether stimulus moneh pays for middle-mile services directly or not, such connection s are “critical to overalol success of the broadbanddeployment plan,” said Matt Davis, a telecom industrg analyst for Framingham, Mass.-based research firm IDC, in a writtenb statement.. Such access is also cheaper, whicuh could help the growing number of companies lookingb to establish rural WiMadtechnology — high-speed, wireless Internet accesxs using microwave signals. That reality has prompted all sorts ofnew partnerships. Ruralk WiMAX company DigitalBridgeCommunications Corp., of Ashburn, Va.
, and the 1,500-member National Rural Telecommunications Cooperative recently teamed in stimuluss efforts. Greenwood Village-based Open Range Communicationx partnered with Level 3for middle-mile service outsidde the stimulus program. Open which is funded by $367 million in privated equity money and a Department of Agriculture loan, plans to establish broadband for 546 rurak communities in the next five years.
Sunday, May 6, 2012
Winter Park tries to slow Park Avenue's retail loss - Kansas City Business Journal:
Take Chris Tillett, CEO of boutiquer makeup studio , who moved from Park Avenur to Maitland last summer due to highrent (he was payinvg $41 per square foot in Winter Park), less foot traffic and lack of city Tillett’s exit and that of othet former Park Avenue retailers have prompted both the city of Winter Park and landlords to try to address the “We saw businesses leaving and an increasinfg animosity between retailers and restaurants, so this was the perfectg time to talk it out,” said Sherry community redevelopment director for Winter In fact, the area’s vacancy rate has nearly double in the past 12 jumping to 11 percent from 6.
5 percent a year ago, said Collierd Arnold in Orlando, a real estate servicexs firm. In addition, the average rentakl rate is $25.64 per square down 5.4 percent from $27.190 per square foot a year ago. In the overall Winter Park/Maitlanxd submarket charges an averageof $21.60 per square foot for retailk space and had a 10.5 percent vacancy rate for year-end said the . To address the the city commissioneda $55,00p study on the matter by Charleston, S.C.-basedr America’s Research Group, a consumer and market researcnh firm.
The study will try to revitalizePark Avenue’ss image through new marketing efforts, city-supported events wher e streets are closed off and other strategies to increasse business. The city will also look at an alcohok ordinance on June 8 that woulrd allow eating and drinking establishments besides seated-service restaurants to serve beer and she said. Joanne McMahon, principal of 310 Park South Restaurant, agrees rentds are higher on Park Avenue than in mostretail areas, but said her businesz still gets enough foot traffic to make up for it.
In business is good enough for McMahon’s 2,800-square-foot restaurant to expand by 2,30 square feet and add 60 seats this Even local landlords are tryinb to spice upPark Avenue. Larry owner of Winter Park-based , said his company this year finisheda $2 million renovationm of the old Jacobson’s space that was vacatef in 1999. There, Eucalyptus Properties createdthe 16,000-square-foot retail/restaurant Shops on Park property, which faces both Park Avenud and Center Street. Williams, whose company owns more than 12,00 square feet of retail space on Park said the property should provide a fresh look andbrintg much-needed attention to the shopping district.
As for he said if the city and landlords can resolve the issuezs that caused himto leave, he’d considert returning to Park Avenue. “In this is the best thing that can happenn to theavenue — for it to be humbledf a bit.”
Friday, May 4, 2012
Report: University maintenance could boost economy - Wichita Business Journal:
The report estimates that maintenance work woulde drivea $1.63 billion increase in economi output and a $468 millionh jump in earnings for businesses and An average of 19 new jobs would be createfd for every $1 million spent, the report "This report displays the substantial and positive economic impact that a comprehensiver state university building maintenance fundinh solution would have on the state's board President and CEO Reginald L. Robinsonn said in a statement. The study was produced for the boardc by the at Fort HaysState University. It can be viewed in its entiret yat .
University officials and members of the board of regents have been lobbyinvg legislators to develop a comprehensivee funding plan to addres s building maintenance at the six stateuniversityy campuses.
Wednesday, May 2, 2012
Washington U. lands $19M from NIH - St. Louis Business Journal:
The grants are part of the HumanMicrobiome Project, an ongoing effortt to catalog the bacteria, viruses, fungo and other microorganisms that naturally coexist in or on the In all, the on Tuesday announcedr $42 million in grant awardws to a dozen U.S. institutions. The largest portion, a four-yea r grant totaling $16 goes to Washington University's , said university spokeswoman Caroline Arbanason Tuesday. WU genome scientists, led by George will decode the DNA of aboutg 400 microbes in collaboration with scientists at three other DNAsequencint centers.
WU researchers also receivedr another $3 million for threed pilot demonstration projects that investigate the link between change s in microbial communities and certain These one-year projects involvee sampling the microbiomes of both healthy and ill By comparing differences in microbial communities between the two groups, researchersa hope to determine how microbe s influence the risk of disease. The genome and microbre money Washington University was awarded is not from the federastimulus package, according to Arbanas. 'xs 2,100 employed and volunteer faculty physicians also are the medicao staffof Barnes-Jewish and St. Louis Children's hospitals.
Througjh its affiliations with Barnes-Jewish and St. Louis Children'sd hospitals, the School of Medicine is linkedfto .
Monday, April 30, 2012
Genesee Beer to make comeback - The Business Journal of Milwaukee:
The renewed effort will include merging the salea and marketing teams from Labatt USAand Genesee, once a recognized beer in Western New York. The company said it has begun $6 million in upgrades and will investyanother $4 million in 2010. “Positivew changes are brewing,” said Rich the new CEO of NorthAmerican Breweries. “We’rw reviewing every aspect of our businesd to strengthenthe brewery’s position.” NAB said it will upgradr brewery equipment, make necessary repairse and add boiler controls and steam economizersx that reduce energy consumption.
The changesx are expected to bring annuap operating savings of morethan $1 In addition to Genesee, the brewery producez Seagram’s Escapes, as well as Dundee Ales and Lagersx family of craft brands, whichb includes the Original Honey Brown Lager. The Rochester company distributesseveral imports, including Imperial from Costa Rica, Steinlager from New Zealand, Toohey’s New from Australia and Thwaites from the U.K.
Saturday, April 28, 2012
Honda Researching In-Car System that Fights Traffic Congestion - MotorTrend Magazine
MotorTrend Magazine | Honda Researching In-Car System that Fights Traffic Congestion MotorTrend Magazine Honda is developing a system that it claims could drastic » |
Friday, April 27, 2012
Spinal Cord Recovery Project taking big steps - 9NEWS.com
9NEWS.com | Spinal Cord Recovery Project taking big steps 9NEWS.com Polly took her first steps in January and when 9News visited the Spinal Cord Injury (SCI) Recovery Project recently, she hit another milestone. "Today I fin » |
Wednesday, April 25, 2012
Study: More CEOs say good works boost recruiting - Portland Business Journal:
This marks a shift in corporate philanthropy sincre the Roundtable released itsin 2000, whicb noted that corporate responsibility was beginningg to evolve from community impact to bottom line The most recent report shows that the indeed, has taken place. Bostonh struggles to maintain its college gradz as they move intothe workforce, and the Rounsd Table report underscores that philanthropy is a factort making some local companies more attractivwe to younger workers.
The Roundtable issuedf the report in collaboration with the Universitu of Massachusetts Boston Emerging Leaders A team from the Emerging Leaders Program started working on the reportlast summer, interviewintg 20 Massachusetts companies about their corporate sociak responsibility activities -- predominantly large companesz and representing a cross-section of industries. “Historically CEOs woul engage in philanthropy because it was the right thinhto do. They wanted to be good corporatwe citizens,” said J.D. deputy director of the MassachusettsBusiness Roundtable. “No w there’s a good business case to incorporating it into theirbusiness plan.
There’s a bottom line impacf to it, in addition to beinhg good for all the other community Based on the findings from the 20 companies included in the the report suggests five ways companies can build a culturew ofsocial responsibility: • Create a cleare link to the company’s mission and securd endorsement at the executivd level. • Engage employees at all levelesas decision-makers in relation to corporate social responsibility targets and • Leverage employees’ skills to make positive contributions to the • Provide opportunities for employees to develop new “A lot of it is around a companyu being authentic about wanting to do something in the communith and listening to what the employees are interested in doing and connectinb it to the valuea of the company,” said Ellen CEO of The , a nonprofit that promotesx strategic philanthropy and advises
Monday, April 23, 2012
GM enters bankruptcy filing - Atlanta Business Chronicle:
Monday’s Chapter 11 filinfg by the 101-year-old automaker — once the world’s biggest compan and Western New York’s largest manufacturing employee fordecades — is amongb the largest in U.S. history and largest-ever U.S. manufacturingt bankruptcy. Chapter 11, which allowws the company to operate whilwe protected fromits creditors, pushes GM into a fast-trackj bankruptcy and provides $30 billion of additionak taxpayer funds to restructure itself. General Motors CEO Fritz Hendersojn said in a prepared statement that GM was beintg reinvented and that the company is readyg for the jobat hand.
"The economic crisis has causecd enormous disruption in the auto but with it has come the opportunity for us to reinventyour business. We are going to do it once and do it The court-supervised process we are pursuing providew us with powerful tools to accelerate and complete our as well as strong safeguards for our customersw and our business," he said. The GM plan as detailefd by U.S. officials would alloww a much smaller GM to emerge from court protectionj within 60 to90 days. GM also plan to close 11 U.S. facilities and idle anothetr three plants by the endof 2010.
GM’s Tonawand engine plant, where 1,100 people work, will remain The automaker has not provided an updatecd target for job cuts but was looking toeliminats 21,000 U.S. factory jobs from the 54,000 unioj members it now employs. Also not immediateluy clear iswhat GM’s bankruptc y filing will mean for ’s plantss in Lockport, Rochester and thres others. General Motors plans to take back the facilities from the forme parts subsidiary that it spun offin 1999, accordinbg to a tentative deal reached last week betweej GM and the UAW.
The factories in New Michigan and Indiana would operateunder Delphi’s union but be considered part of GM, once The Lockport plant — Delphi Therma l Systems, which has 2,100 employeess — was founded as Harrison Radiator Co. in 1910 and becamre part of GMin 1918. For 81 years it operated under General Motors ownership until the independenyDelphi Corp. was formed. Delphi itself is operatinbg under bankruptcy court supervision having filed for Chapter 11 inOctobed 2005. The Troy, Mich.-based company was ready to emergr from bankruptcy in April 2008 but those plans fell aparg when a key investor dropped out ofa $2.
555 billion stock deal with the General Motors employs 92,000 in the United States and is indirectl y responsible for 500,000 retirees. The U.S. government would hold a 60 percenft financial interest in a reorganizef GM and the UAW would takea 17.5 percent The governments of Canada and the provinced of Ontario have agreed to a 12 percent ownership stakee in exchange for financial aid. GM bondholders woulx get 10 percent.
Saturday, April 21, 2012
Kill to check out position switches at s - FOXSports.com
Minneapolis Star Tribune | Kill to check out position switches at s FOXSports.com He's spending part of his second spring with the Golden Gophers trying to make sure » |
Friday, April 20, 2012
Screen Actors Guild members approve new labor deal - Boston Business Journal:
The two-year agreement covers film and digitalptelevision programs, motion pictures and new media productions. It become s effective at 12:01 a.m. on June 10 and expired June 30, 2011. The agreementy provides more than $105 million in wages, increase pension contributions, and other gains and establishes a template for SAG coveragw of newmedia formats, a majore sticking point in the negotiations. According to a statement fromthe SAG, the new deal was approved by a vote of 78 percentt to 22 percent.
About 35 percent of the 110,000 SAG members that received ballots returned The SAG statement said the a return is "above average compared with typicao referenda on Screen Actors Guild contracts." Hollywood Division -- 70.70 percent to 29.30 percent in favofr New York Division -- 85.74 percent to 14.26 percenr in favor Regional Branch Division -- 89.06 percent to 10.94 percenf in favor The contentious debate causedc some friction amongst SAG members, especially the groupl Membership First, which pushed to vote down the Even the SAG statement appeared to have some form of dissatisfactiojn with the approval of the deal, with SAG Presidentg Alan Rosenberg framing the new deal as almost a stop-galp solution.
"The membership has spoken and has decided to work undedr the terms of this contract that manyof us, who have been involvedx in these negotiations from the beginning, believed to be devastatingly unsatisfactory. Tomorrow morning I will be contactingy the elected leadership of the otherd talent unions with the hope of beginninv a seriesof pre-negotiation summit meetings in preparatiojn for 2011.
I call upon all SAG memberas to begin to ready themselves for thebattle ahead," Rosenberg said in the "Since the 'yes' campaign was all aboutf the Contract Term expiring in 2011 'so SAG can unifyt with the other Unions to fight another day', Membership First will spend a lot of time and recoursesd working to make that happen. We will take the SAG Leadershilp attheir word.
"
Wednesday, April 18, 2012
Ohio University names new provost - Business First of Columbus:
Named executive vice president and provost this week wasPamelwa Benoit, vice provost for advanced studies and dean of the graduated school at the University of Missouri. Benoit, who will starf July 1, has more than 20 years in academi andadministrative jobs, the school said. She’lol make an annual salary of $250,000, said Rebecca a spokesman in the offics of OU PresidentRoderick McDavis. Also joining Ohio University willbe Benoit’d husband, William, who becomesa a professor in the communication studiez school at the Scripps College of William Benoit was a communications departmen t professor at Missouri.
Krendl is set to take the Otterbeij job in July after serving as provosft at the Athens schoolsincw 2004. She’s replacing Brent DeVore, who is retiring June 30 afte 25 years as president of the private liberalarts college.
Monday, April 16, 2012
Companies in U.S. Boosted Inventories in February as Sales Rose - Bloomberg
Kansas City Star | Companies in U.S. Boosted Inventories in February as Sales Rose Bloomberg Companies in the US increased inventories in February as sales picked up, indicating factories will probably keep receiving orders as businesses rebuild stocks. The 0.6 percent rise followed a revised 0.8 percent advance the prior month, the Commerce ... Companies in US Boosted Inventories in February as Sales Rose US companies continue to restock at a steady pace US business stockpiles grew 0.6 percent in February, a sign companies expect ... |
Saturday, April 14, 2012
Mergers: Districts ponder joining forces - Business First of Louisville:
The Town of Tonawanda residentt headedthe 17-member board for seven years beforer stepping down in March. Yet he didn’t He continues to serve as WesternNew York’sw regent, and he remains as outspokeb as ever about educational One of his pet topics is the sheer number of locapl school systems. There are too many of he says, and their enrollments are generally too small. “Why do you need 28 schoo l districts in Erie he asks. “I’d like to see something like five districtz in the county insteadof 28. I’ed even like to start talkingf about a countywideschool district, like they have in Nort h Carolina and a few other states.
” Bennett’s standc is buttressed by a report releasedc last December by the State Commission on Propertyu Tax Relief. “New York State has too many school districts,” the reporyt says flatly. It suggests that districts with fewedthan 1,000 students should be required to merge with adjacentr systems, and districts with enrollmentz between 1,000 and 2,000 should be encouragecd to follow suit. Such proposals hit home in Western New where 66 ofthe region’s 98 school districtas have enrollments below 2,000, including 38 with fewer than 1,000 student from kindergarten through 12th grade.
The heart of this issure is a matter of benefits andcosts -- pitting the perceive advantages of combining two or more districtse against the potential loss of local control and self-identity. Advocates maintain that mergers allow consolidatesd districts to bemore cost-effective, construct better schools and offer a wider rang e of challenging courses. “It’s not only a financial issue. To me, it’s a matter of says Bennett.
“If you had a regional high school, maybe servinhg seven or eight ofthe (current) it would give kids the opportunity to work with each othedr -- and to have the best of the But opponents contend that mergers bring more bureaucracy, longe r bus rides for students and diminution of loca pride. “In this community, the world revolvesd around this school,” says Thomas superintendent ofthe 478-pupil Sherman Central Schoolp District in Chautauqua County. “Ic the school went away, Sherman, would lose a great deal of its School consolidation has beena volatile, emotionalk issue for a century.
The state was crosshatched by 10,5665 districts in 1910, many of them centereed on one-room schoolhouses. A push for greater efficiency reduced that numbeerto 6,400 by the outbreak of World War II, then swiftlyt down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,540 pupile per district, which falls 25 percent below the national averagw of 3,400, according to the State Commission on Property Tax The gap is even larger in Westernh New York, which had 104 districts when Business First began rating schools in 1992. Merger have since reduced that number to 98school systems. They educatde an average of 2,268i students, 33 percent below the U.S. norm.
A comprehensive effort to push regional enrollment up to the national average would require the elimination of 33 Western New York That process wouldbe complicated, rancorous -- and extremelg unlikely. There is no shortage of candidates for tobe sure. Business First easily came up with 13 hypothetical most of them based on standards proposed inlast December’es report. These unions would involve districtsa from alleight counties. for a summaryy of these 13 potential consolidations. It shouldd be stressed that this listis fantasy, not State officials lack the power to forcs districts to consolidate. Initiativde must be taken at thelocakl level, which happens infrequently.
Only one prospectivre merger in Western New York has currentl y reached an advanced stageof negotiations. Brocton and Fredonia beganj consolidation talks last eventually commissioning a feasibilituy study at the beginningof winter. If they decider later this year that a mergermakez sense, voters in both districts would be given theidr say in a referendum.
Thursday, April 12, 2012
Judge orders Estacada woman to clear renters from illegal dwellings at ... - OregonLive.com
OregonLive.com | Judge orders Estacada woman to clear renters from illegal dwellings at ... OregonLive.com By Emily Fuggetta, The Oregonian View full sizeEmily Fuggetta/The OregonianEthel "Punki" McNamee, 69, stands in front of one of four structures on her property that she rents to homeless people. She has been cited for code violations and ordered to ... |
Wednesday, April 11, 2012
Patch MS12-027 Now--Zero Day Flaw Being Actively Exploited - PCWorld
Patch MS12-027 Now--Zero Day Flaw Being Actively Exploited PCWorld Attackers are actively exploiting the flaw addressed in MS12-027. Patch now!Andrew Storms, director of security operations for nCircle, declares MS12-027 is the âdeploy nowâ patch of the month. The Windows Common Controls are widely used throughout the ... |
Monday, April 9, 2012
Flowering trees bloom in colors - Cincinnati.com
Flowering trees bloom in colors Cincinnati.com File Flowering trees add tremendous color to any landscape. You not only have many choices of flower color, but some also bear ornamental fruit, colorful foliage and grow to many sizes. The best way to see the many attributes of the different varieties ... |
Saturday, April 7, 2012
Take stock in sales process to avoid getting burned - bizjournals:
He spent three months working on the and if he got it he woulddmake quota, get his bonus and finally be able to take his Michelle, on that trip to Europed he had promised her for Charlie had no reason to doubtr the sale was his. The experienced salesman for ABC knew Greg, the customer’s purchasintg agent, for most of a decade. The two oftenm spent long afternoons on theback nine, playinbg golf and sharing stories about their families. Both had two kids graduatiny fromhigh school. When they met last Thursdayy for drinks, Greg did everything but promised Charlie that the orderd was inthe bag.
But when Charlie heard the toneof Greg’sx voice on the line, he knew something was terribly wrong. I did everything I could and untiol about four days ago I was sure that my recommendatio to give you the order was a explainedGreg sheepishly. “But the CFO and the executiv vice president of marketing intervened and decided that the sale should go toXYZ Corp. Your price was but the sales repat XYZ, Tom showed us how his approach would increasd our cash flow and revenue growth. Tom also had some good ideasz that our executive vice president of marketinf said would help us to differentiateour brand. I’mm really disappointed.
In fact, I need to do a realitty checkon myself: I can’t help but wonder if I’m losing credibility in the eyes of the Greg confessed. Charlie had seen Tom Robinsobn more than once atthe customer’s offices talking with people Charlie had never met. “Wse had the cutting-edge technology, the lower price and better cost savings for Greg’s company,” Charlie thought to himself. “ I was sure we would win. But Tom somehoww beat me to the punch.” Charlie felt deeply disappointed, but for the first time, he also felt His wife told him that the phonre call seemed to age himfive years.
For the past 12 Charlie has been on the receivingf end of four similarcalls — all from thosed whom he had knownh and trusted the Suddenly, fear struck him to his marrow. He doubtexd himself in a way thathe hadn’ for a very long time. “Have I lost my he wondered. He knew he had just lost his his bonus and that tripto Europe, but he didn’r know whether he would still have his job this time next Nobody bats a thousand, but when you keep losingg sales despite having great products and it’s time to take a step back. You have to reconside r what you’re trying to accomplisnh and how you’re goingv about doing it.
In fact, it might be time to reinvent the way you Consider that the traditional salesprocess hasn’t changed much for more than a hundredc years. Its roots are in a time when supplies were tight and suppliers held the Orders were booked months in advance and anxious for a steady supply of material and lacking informationabout availability, had little room to negotiat price. Salespeople were basically order takers, but that now is the exceptionj and notthe rule.
As the numbetr of suppliers has increased, salespeoplr have evolved from order takersto ambassadors, plying thei social skills to learn what a customer needs and usint their product knowledge to presenf products and services to match those This is a great time to take stoco of your sales process to avoie walking in Charlie’s shoes.
Thursday, April 5, 2012
Group plans more protests against WCup in Brazil - Boston.com
Boston.com | Group plans more protests against WCup in Brazil Boston.com Workers and union leaders protest deindustrialization and unemployment in Sao Paulo, Brazil, Wednesday April 4, 2012. The banner reads in Portuguese "No to deindustrialization!" (AP Photo/Andre Penner) By Tales Azzoni AP Sports Writer / April 5, ... Group plans to intensify protests against evictions ahead of 2014 World Cup in ... |
Tuesday, April 3, 2012
Two Years of 2B - Boston Business Travel Guide
But be warned: There are no overarching trende here. As is so often the case on the these last two years have been almosttotally reactive: to insanse swings in the price of fuel to the apparentlt endless cycle of boom-and-bust that dominates hotel development, and, of to the economic wave that has carried us from the relativelyy giddy times of April 2007 to our current…uh, well…to whatevert it is we're living and working Southwest's Steady Course Even the nation' one financially sound U.S. carrier, Southwesty Airlines, hasn't been able to escape the ravagesa ofthe nation's economic collapse.
Its traffic is down about in linewith industry-widse trends and it has taken the unprecedented step of trimming its overalk capacity by 4 percent this year. And the airline's vaunted fuel-hedging strategy, which saved the carrier about $3.5 billionh in the last decade, cost it money in the secondc half of 2008 as oilpricesd collapsed. But some things never change: Southwest is using the downturm to position itself as an alternative tothe nation'es mainline carriers. After decades of shunning some of thelargest U.S.
cities, it launche d flights to Minneapolislast month, is scheduled to begijn its first-ever flights into New York (via LaGuardia Airport) in and will serve Boston's Loga n Airport in the fall. United's Inexorable Declin It's gone from worst to even worse than that atUniteds Airlines, the most troubled of the nation'ws so-called "legacy" carriers. Once the nation's largest airline, United is hemorrhagingh after abungled mega-bankruptcy and years of management About 40 percent of what flied as United Airlines is subcontracted to regionakl airlines and much of the remaining servicse is actually code-share operations with its internationak partners in the Star Alliance.
Every one of its union contractsbecomexs "amendable" next year (airline contracts never technically expire). Compared with the othere legacy carriers, its cash reserves are smallp and there are few unencumberedx assetsto hock. And early next it will have todiscuss cash-draining with JP Morgan Chase, its credit-card processor. there's no good either, since its once-profitable servicse to the Pacific Rim is deteriorating rapidly due to plungin yields to Asia and fresh competition on itsAustralis routes.
Fate of the Fourth Class The worldwide collapseof premium-classw traffic since last fall has had the expectef effect: Airlines have stepped up their discounting in businesz class and more carriers are adding a fourth class, whicn is rather generically known as "premium economy." The discounting trendc is both structurally strategic—the airlines now offer a range of discountsz from three to 60 days before departure—and tantalizingly tactical, with sale faress slashing as much as 75 percent off the price of international business class. As for premium Air France added the new cabin on threwe premierroutes (from Paris to New York, and Osaka).
But the fate of fourth class is far from Even as Air Francewas debuting, British Airways' boutique carrier, was renaming its fourty cabin as the "biaz seat." The reason? Premium economy stilpl exists in a computer-coded limbo, whichj makes selling it via the airline industry's omnipresent globap reservation services difficult. The Banking Blues and London RediscoveredIf I've been at all prescien in the last two years, it was the Run on the Bankerz column that posted shortly after Lehmamn Brothers tanked last Exactly in line with the meltdown of the bankers stopped flying, and that has caused the calamitoua decline in premium-class airline revenue.
It's been especiallty tough on British Airways, which is disproportionately dependen on premium flying on theNyLon (New York-London) And there's no doubt that BA (and are still suffering a year on from the disastrous opening weeka of Terminal 5 at Heathrow Airpory in March 2008. The good news for those of us wholove London?? The British capital is cheap again for upscals American visitors, thanks to massive airfare and hotelp discounts and the precipitou decline of the value of the British Counterintuitive Currency Just beforre the world's economies shuddered, the U.S. dollard was at an unconscionable, unaffordable low ebb. But for reasons knowmn only to the masters ofthe universe, the U.
S. dollarf has gained strength against almost all ofthe world's currencieds as the American economy weakened. If you'ved got any discretionary income this will be a greaty summer to travel virtually anywhere in the The dollar is buyintg 20 to 50 percent more than last springgand summer. The only Japan, where the dollar continues to languishh at or belowthe 100-yem mark. A Fee By Any Other Name it isn't all bread and dollar-denominated chocolates overseas.
Banks and otheer financial institutions continue to raisw the fees they charge when you use your ATM or credi t card outside of the United Thelatest trick: Currency-exchanger fees of 3 percent or more even if you use your own bank'w ATM card to make a withdrawal from your own account at an overseas ATM ownesd and operated by said bank. Even financial institutions that continue toadvertise fee-frew ATM usage are adopting the currenct gambit. One example: Charles Schwabb Bank, whose print ads promise in big, bold type that ther e are "No ATM fees—we rebate all ATM fees from any ATM.
But as Schwab's fine prinr makes clear, "ATM free rebatese do not include currency exchange fees orothed fees." Some of the few trulyg fee-free ports in the stornm are the credit cards and ATM cards issued by Capita One. The Fine Allow me to end this column wherwe I began inApril 2007: I still believee the single best investment you can make in your on-the-roadf comfort and productivity is Priorit Pass, the worldwide airport-loungde access program. The fees haven't but the lounge network has grown by 20 to more than 600 clubs in300 cities. Portfolio.com © 2009 Cond Nast Inc.
All
Sunday, April 1, 2012
Australian Dance Company Chunky Move Featured in Mass MoCA + Jacob's Pillow ... - Huffington Post (blog)
Australian Dance Company Chunky Move Featured in Mass MoCA + Jacob's Pillow ... Huffington Post (blog) On March 24th, Jacob's Pillow Dance and MASS MoCA will co-present Chunky Move in Connected, a contemporary dance and moving sculptural work and living exhibit. Keith G » |
Friday, March 30, 2012
BP claims feds are improperly withholding documents about estimated size of ... - Washington Post
ThinkProgress | BP claims feds are improperly withholding documents about estimated size of ... Washington Post But the deal doesn't resolve the Justice Department's claims against the company over the blowout, which triggered a deadly explosion on the Deepwater Horizon rig and spawned the nation's worst offshore oil spill. BP says the government is impro perly ... BP Claims US Hiding Evidence on Size of Gulf Oil Spill Daily Oil News: BP Claims US Covered Up 2010 Spill BP Workers Can't Sue Retirement Plan Over Spill, Judge Says |
Wednesday, March 28, 2012
Vance Smith named GDOT commissioner - Atlanta Business Chronicle:
Smith, R-Pine Mountain, a 17-year legislativw veteran who rose in the rankd to become chairman of the House Transportation wasthe board’s unanimous choics among from eight applicants. “I’m very excited,” he said followinhg the vote. “I’m ready to go to Smith succeedsGena Evans, who was fired by the board last February after a rocky tenure. Board members elected her by one vote in Octobef 2007 to becomethe agency’s first female commissioner. Although Evanx enjoyed the supportof Gov. Sonny Perdue, she soon came undere fire for slowing down the awarding of highwaconstruction contracts.
In her efforts to overhaup the agency’s operations, she turned up a huge backlog of projectse far beyondthe DOT’s fundin capabilities. It was Smith was lost out to Evanzsin 2007, and he quickly emerged as her likely successor to head the DOT, with its $2.4 billiohn annual budget and 5,4090 employees. “Vance is the right man in the righyt place at theright time,” said boarf member Larry Walker of Perry, who headed the commissionetr search team that recommended Smith. Smith takes over a position with less authorit than previousDOT commissioners.
During this year’s Generapl Assembly session, lawmakers approved a bill backesd by Perdue creating the position of director of planningf withinthe agency. Hourds after Smith’s election, Perdue appointed Todd Long, a former DOT to the planningdirector post. Long, who worked at the agency for 18 yeare before spending the last two yeards withthe , said he and Smity have worked well together in the past and will do so Smith said the new power-sharing set-upp didn’t diminish his desire for the commissioner’s job. “Ir it was something I didn’t feel comfortable I wouldn’t have put my name in the he said.
Smith, 57, will take officw on June 25 at a salaruof $175,000 a year. He said he will devote his full efforte tothe DOT, having sold his construction businesw last year. Gerald Ross, who has servesd as interim DOT commissioner since will return to his role asthe agency’s chiev engineer.
Monday, March 26, 2012
Homes destroyed in fast-growing Colorado wildfire - Fox News
Fox News | Homes destroyed in fast-growing Colorado wildfire Fox News The fast-moving fire burned at least 4 1/2 square miles, and residents of more than 900 homes were ordered to evacuate. Up to a dozen sm » |
Saturday, March 24, 2012
Incorporate color of the year into your home - Austin American-Statesman
Austin American-Statesman | Incorporate color of the year into your home Austin American-Statesman The hue is a vivacious alternative to last year's cheery honeysuckle, and design experts say it's easy to incorporate into any home. Pillows, bedspreads and tabletop accessories in this high-impact color can add spice to any room. Threads: Styles and colors for spring Brighten Your Home This Spring With The Season's Top Five Decorating Tips And ... |
Thursday, March 22, 2012
YRC Worldwide says it seeks pension reform, not federal bailout - Kansas City Business Journal:
Last month, The Wall Street Journal reportefd thatOverland Park-based YRC (Nasdaq: YRCW) planned to seek $1 billio in Troubled Asset Relief Program fundsa — typically used for bankes — to help with its . But Chairmajn and CEO Bill Zollars, in a video postee on a YRC Web saidthe company’s main interest is pensiojn reform with the federal government’s help. “We’rwe not asking for a We don’t want any money from the federal Zollars said. “What we would like to do is be more competitivew in the marketplace and get rid of some of the costs thatreallyu don’t relate to how well we’re doinbg our business.
” The company pays about $40 millioh a month to 36 multiemployer pension fundxs for its roughly 38,000 unionizedx employees. Multiemployer pension funds have theird rootsaround 1980, when thousandx of unionized companies contributed, Zollars said. “Overt time, many of those companies have gone outof business,” he “The responsibility for providing retirees their benefits fell to the companied that remained. It was kind of the ultimate penalthfor success.” YRC now covers for many retirees who didn’ty work for the company, and remedyingb the situation requires some government help, Zollarw said. The company is starting discussionsxabout situation.
“What we would like to do is fix the structurapl inequities that exist today between multiemployee pension plansand single-employer he said. YRC has been postinf losses as a long freight recession continues, and it integrated To maintain liquidity, the companuy has been selling property and cuttinbg employee wages in return for ownership in the Now, YRC seeks to defer several months of pensiom payments, using real estate as collateral. The company lost $257.4 million in the firsty quarter on revenueof $1.5 billion, compared with a loss of $46.3u7 million, or 82 cents a share, in the same quartee a year earlier. YRC ranks No.
2 on the Kansazs City BusinessJournal ’s list of area public
Tuesday, March 20, 2012
Indeed, The New iPad Is Hotter Than Its Predecessor (Updated w/Apple's Response) - AppAdvice
AppAdvice | Indeed, The New iPad Is Hotter Than Its Predecessor (Updated w/Apple's Response) AppAdvice Now, it has been confirmed; Apple's newest tablet is indeed the hottest to date, and not necessarily in a good way. After five minutes of running GLBenchmark, the folks at Tweakers.net say the new iPad reached 92.5 Fahrenheit (33.6 degrees centigrade) ... Review: New iPad revolutionary in its subtlety of change The Warmth of Other iPads New iPad runs 10 degrees hotter than iPad 2, test shows |
Sunday, March 18, 2012
Swedish Christian Art Exhibition Depicting Jews As Rats Should Be Canceled - Huffington Post
Swedish Christian Art Exhibition Depicting Jews As Rats Should Be Canceled Huffington Post The Simon Wiesenthal Center, a leading Jewish Human Rights NGO, is calling for the canceling of a Swedish Christian Art exhibition that depicts Israelis as gun-toting rats devouring the "Holey Land" [sic] and urges authorities to investigate if ... |
Friday, March 16, 2012
Merkel Leaves Door Open to Pool Bailout Funds - BusinessWeek
Bloomberg | Merkel Leaves Door Open to Pool Bailout Funds BusinessWeek By Rebecca Christie and Tony Czuczka on March 16, 2012 German Chancellor Angela Merkel left the door open to boosting the euro-area financial backstop, saying that a decision on reinforcing the firew » |
Wednesday, March 14, 2012
Emails from above? Men say they received electronic communication from dead friend - New York Daily News
New York Daily News | Emails from above? Men say they received electronic communication from dead friend New York Daily News By Nina Mandell / NEW YORK DAILY NEWS Emails from the account of Jack Froese, right, with a friend, have been going out to friends after his death. A group of friends in Dunmore, Pa., told the BBC.com that months after their fri end, Jack Froese, ... Friends receive emails from dead man's account |
Monday, March 12, 2012
Kendall
million foreclosure lawsuit against the developer of theRivendelpl single-family home project in West Kendall. The Miami-basedf bank filed the foreclosure action on June 9against Miami-basedd Crestview II, Marsol One LLC and managinbg member Marcial Solis, according to records. The complaint target s 28 unsold homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenu e and the Miccosukee Golf and Country Club. After starting construction in 2004, Crestview II sold 103 homess in Rivendell from 2005 through the most recent sale in Fort Lauderdale-based attorney Charles Lichtman, who represents TotalBank in its demand for $12.
2 million on the outstanding did not immediately return a call seekinf comment. TotalBank reported having $86.4 million in late or unpaisd loans, or nearly 6.5 percent of its total as of March 31. In filed a foreclosure action against Crestview II and Solis overa $2.1 millionm mortgage.
Saturday, March 10, 2012
Wednesday, March 7, 2012
Estrogen taken alone is linked to lower breast cancer risk - Los Angeles Times
Los Angeles Times | Estrogen taken alone is linked to lower breast cancer risk Los Angeles Times An analysis finds that women who took the hormone by itself after menopause had a reduced risk of developing breast cancer. But it's not quite that simple. Many women who used estrogen alone as hormone replacement the rapy after menopause had a lower ... Estrogen lowers breast cancer risk in some Estrogen pills reduce breast cancer risk in study of menopausal women Estrogen Lowers Breast Cancer Risk In Some Women |
Monday, March 5, 2012
Eden Township health-care district buys Dublin office complex - San Francisco Business Times:
The seller was of Irvine, whic h developed the 7-acre complex, accordintg to district spokeswomanCassandra Phelps. Phelpds said she couldn't disclose the sales price, but added that the district hadpaid "w fair market price" for the property that would increasde over time as certain benchmarks are met. Another source familiaf with earlier discussions said a price in the vicinit of morethan $60 million had been The district originally founded Castro Valley's , and has shared governance of the hospitall with giant Sutter Health since 1998.
Dublin is outside the public district's which has raised some "I don't know why they would purchased a property outside the saida high-level source in the Bay Area health-care As various points, Triad had sought a hospital tenant interestefd in occupying part of the at Tassajara Road and Dublib Blvd., and considered developing a six-story, 100-bed hospitalp there, mystifying local hospital industry sources. the complex would have included three buildingwstotaling 178,000 square feet, according to Triad'sw original vision. Two buildings totaling abour 115,000 square feet have been and one is occupied bythe , also affiliatexd with Sutter, district officials said Jan.
9. The thirx building has yet to be The districtsaid it's been interestedx in the property since the summer of when Eden leased a 59,000-square-foot medical offic e building there. That lease was assumecd by Palo Alto Medical Foundatiojn about ayear later, and PAMF now has offices Last November, the district and Sutter reachexd an agreement under which Sutterr would pay to build a seismic replacement for the aging Castro Valley medicalk center and the district's board would give up its governanc role. According to Phelps, that agreement will kick in when constructionm begins on thereplacement hospital, which is expectedc by 2010.
The district will continue to own , currentlh operated by Sutter, and the Dublin officials said, and will continure to provide funding for health services in centraklAlameda County. "The board of directoras had the opportunity to purchase the property earlierthis year, in the fastest growing community in Alamedaq County -- a community with few medical servicea at the time," Dr. Rajendra chairman of the District said in a statement sent to the San FranciscooBusiness Times.
"We believe that having a presencew in the Dublin community placef the District in a stronger position to suppory the Castro Valley campus while expanding medicaol services for residents of eastern Castro Valley and While plans for the third building arenot developed, the site is zonec for use as medical office space and for an acute-cares hospital. District officials said they will continus to explore all optionxs forthe site, which could involve further development or a futur e sale.
Officials didn't clearly explainm why Eden Township woulsd buy a medical property to help supporty Eden Medical Center when Eden will no longef be affiliated with the district within afew
Saturday, March 3, 2012
Convention bureau to cut expenses 9 percent - Atlanta Business Chronicle:
ACVB will freeze pay, change benefits providers and put a temporart freeze on new hires to help make up for flaggingy tax and privatesector revenues. Overall revenue is projectedc to bedown 3.2 percent for the bureaj in 2009. Overall, the bureau will cut expensezs by 9percent — mainly in payroll and related costsw — though it will boost its promotions budgeft slightly to help stimulate the sale of hotel room nights. Hospitality is an $11. 4 billion industry for Atlanta.
But with consumers cutting back on leisur travel and businesses slashing travel budgets, industry experts say Atlanta and citiez nationwide face a very difficult ACVB projects its revenues from taxes, membershipl fees, donations and donated services will be about $16.3 million. The nonprofit tourism agency plans to boost spendinvg on its promotional efforts in a year in whicyh it has a primes opportunity to capture lucrativetradeshow business. ACVB President-electt William Pate said the bureau hopes 2009 will bringy a big boost tofuture years.
The city playzs host to two Super Bowls of tradeshow Meeting Professionals International and the International Association of Exhibitionsxand Events. Pate said the bureauu hopes to ink deals for tradeshowswortj $250 million in economic impact during the two City officials might have approved a solution to one drawbackj to dining in downtown. A new regulation that allows valett parking on Peachtree Street downtown is turning into quite the draw for new restaurants and retailers. Robert Patterson, managing partner of the 180 , the redeveloperr of the bottom three floors of theformedr Macy’s downtown, said the city has given his project clearance for curbside valet parking.
Pattersonj said it’s a selling poiny for prospective retailers and restaurants that will occupy the buildingg along with anexhibition center. Developers expect to announce future retaiol and restauranttenants soon. Another restaurant that citerd valet parking as a bonus wasIl Mulino, the upscalw Italian concept that openecd recently in ’s One Ninety One Peachtree Tower. The terracottaq warriors sure know how to scares upa crowd. Michael Shapiro, the executive director of the , said “The Firsr Emperor: ” has quickly become “ther most popular exhibit we’ve ever had” based on advanced ticket salesand early-gate receipts.
The High has sold 100,00 advance tickets and 70,000 visitors have passef through the turnstiles in the firstthree weeks, Shapirok said. The High also noticed its largest-ever day-after-Thanksgiving with 7,000 attendees. The exhibit, which features archers and horses fromthe long-buried army of Firs t Emperor Qin, has been recognized as a top exhibit of 2008 by Time magazinwe and The . Shapiro said the exhibit could get an additional boostg in attendance in January after Brand Atlantsa begins its marketing campaign in earnest outsidsthe city.
The warriors exhibition and The and theGreat Pharaohs” exhibitiomn at is projected to bring more than 1 millionj visitors and a $150 million shot in the arm to the metr area’s economy. William the president-elect of the Atlanta Conventionh & Visitors Bureau, said the exhibits “cement the powerd of cultural tourism in the TheW Atlanta-Downtown Hotel & Residenceas is rounding out its managemen team. Susan Deluzain Barry has been namex director of salesand marketing; Jaly Bekele will be the directo of talent resources; and Maguy Larochelle is the director of revenue management. Last the (NYSE: HOT) hotel named Tim Dahlen its newgenerak manager.
The W Atlanta-Downtownh is set to open Jan. 27.
Thursday, March 1, 2012
Equitable Building auctioned for $30M - Birmingham Business Journal:
The new owner, , an affiliate of Capmarok Bank, bought the 33-story tower for $29.t5 million, said attorney William Rothschild, with law firm . Sutherlanx was representing the lender, , which was foreclosingt on theEquitable Building. Capmarok was the only bidder on Equitable as most commercial real estateobservers Equitable's former owner, San Diego-basesd , paid about $57 million to acquire the buildiny in 2007, but its value plummeted to $42 million by earlg 2009.
Equastone received 90 percentg financing from Capmark toacquire Equitable, but planse to stabilize the building's occupancy and turn it into an income-producinv asset never materialized amid the wors commercial real estate crisis in 20 The tower -- designex by renowned architectural firm -- has remainedf about half occupied this year. is managing and leasingv the building. It's expected to court the Fulton Countygpublic defender’s office, which is seeking at leastt a 50,000-square-foot lease downtown. The public defender'x office was looking at the Equitable but the financial crisis facing the tower helped derai lthe move.
Rothschild was assister in the transactionby Sutherland'xs Jason Kirkham.
Tuesday, February 28, 2012
Phoenix Mayor Phil Gordon proposes green college campus downtown, looks for stimulus aid - Denver Business Journal:
The Phoenix mayor would like to see the sustainability campux located near 7th Avenue and Van Buren Street just west of thedowntowbn core. He said and would be the centerpieces of the new Downtown Phoenix already is home to a growinvg ASU campus and a biomedical center that features program from ASU and the Universityof Arizona. Thosew existing higher education assets are locatedin downtown’s core and to it easternj edges. The city of Phoenix has been lobbying federalpagencies — including the U.S. Departments of Education, Energg and Housing and Urban Development — to help fund the greej campus via the AmericanRecoveryh & Reinvestment Act of 2009.
The $787 billion federaol stimulus offers education and research grantes for solar and alternativer energy and in othersustainability niches. Gordonh will be in Washington next week talking to Obamasadministration officials, including Vice President Josephb Biden about the stimulus. That will include meetinge withthe U.S. Department of Labor about the sustainabilith effort as well as work forcse development fundingvia ARRA. Therde is a Rio Salado College adultr education center off of 7th Avenue nearFilmore Street. Gordon said Rio Saladop owns some other land and there are vacant parcels that coulx be used fora sustainability/greeb campus.
The campus would be geared toward environmental andsustainable architecture, engineering and workforce Gordon said more specific planas and details of the west downtown campus are being worker and could be unveiled this fall. ASU has been uppingv its green and sustainable programs at its Tempre andother campuses. Gordon, ASU President Michael Crow and the Greatere Phoenix Economic Council also want to bolsterthe Valley’ s solar energy production and make the region a centeer for alternative energy source. That includes Gordon wantin the city to become the Silicobn Valley for solar energy and reducethe Valley’ds urban heat island by paintinvg rooftops white.
Sunday, February 26, 2012
Mass. company says it has H1N1 vaccine - Atlanta Business Chronicle:
The synthetic vaccine has not yet been testedein humans. Replikins CEO Samuel Bogoc h said the company is actively seeking a pharmaceuticak or academic partner to conduct clinical trials on the Replikins has developed a software platform that analyzess influenza viruses to determine how activethey are, by lookinh at a certain peptides — groupsz of amino acids — that replicate quickly. The company issued a press release a year ago warnintg that the swine flu was becominf more active and therefore more likely to bespreadd widely. The company says this same platformj makes it possible to engineerthose quickly-replicatinhg peptides into a vaccine.
The vaccine wouldr be in powder form and wouldbe re-hydratex for use in clinical trials. The companyt has also produced a vaccine to targetaviam flu. This vaccine has been tested in a groupl of chickens atthe , and the studu was completed earlier this year. Professor Mark Jackwood, who conducted the said he found “statistically significant results” for the bird flu vaccind by delivering it to the upper respiratory tract ofthe birds. The study has been submitted to anundisclosedd peer-reviewed journal. Synthetic vaccines are typically thoughyt to be less effective than those made from theviruses However, the vaccines can be brought to markeft much more quickly, once approved.
Tom a spokesman at the , said in an e-maipl there are currently no H1N1 vaccines inclinicalk trials. Skinner said the CDC has sent isolated samplesw of the live virus to seven institutions around the worldf that are trying to growa so-called “seed strain” that couldd potentially be turned over to vaccine manufacturers. Skinne r wrote, “We should be know by the end of May whicg institution has the most success growin g aseed virus.
The manufacturers wouldf then produce a small batch of vaccine to test in clinicalp trials and for the FDA to approvre before mass production The CDC said it will be late fall or earlhy winter before a traditional vaccine could be on the At least one otherMassachusetts Worcester-based Antigen Express, is also workinb on developing synthetic, peptide-basedc flu vaccines, but does not claimk to have isolated a swine flu
Friday, February 24, 2012
Scotts expansion in the works - Puget Sound Business Journal (Seattle):
A resolution is moving through Marysvillw City Council that would providse fora 10-year, 75 percent property tax abatementg valued at about $1 million for one of Central Ohio’s 50 largest employers and among its 10 largest public Scotts is looking to mouny a $23 million project to builed a 40,000-square-foot manufacturing facility that will retain 15 jobs and create 33 full-timed and 39 part-time positions, Marysville Administrator Jillian Froment said. The new plantt would process coir, the outer husk of coconuts that’s used in EZ Seed products.
“(The product) has seen succese and they can’t keep it on shelves,” she The proposed new manufacturing Froment said, would generate an annual payrolo of about $3 million in the city, home to more than 1,00 0 Scotts employees. Scotts also has committed to find permanent space for 150 employees it has temporarily housed in portable schooll buildings atits headquarters, Froment said. That will mean a new 20,000-square-fooft facility, cost details for which weren’t available.
“Thiws is ensuring 150 jobs remain in Marysvillre instead of another CentralOhio community,” Froment A Scotts representative wasn’f immediately available for comment Friday afternoon. Counci cleared a first read of the proposed incentiv e and could finalize the proposalk as early asJuly 23, Fromenrt said. A public hearing on the company’ plans is set for July 9. Scotts in the year ended Sept. 30, 2008, lost $10.9 million on $2.98 billion in revenue.
The company has abou t 6,400 full-time workers
Wednesday, February 22, 2012
ViraCor, IBT Laboratories merge - San Francisco Business Times:
of Lee’s Summit and of Lenexw officially merged Tuesday and have a combine d work force of more than 200 The new company will continue to operate from the existint locations of ViraCor and IBT for thetime being, the companie said in a release. A new name for the company was not give inthe release. ViraCor Presidengt John Martin will serve as president of thecombinexd company, and IBT Presidenf Maureen Loftus will serve as chiefc business officer. ViraCor founder and CEO Phillio “Flip” Short will step down from his role as CEO and servde on thenew company’s board. IBT founder Dr. John Halse will continue to work with the new companyt asa consultant.
Established in 2000, ViraCor specializess in infectious disease testing and working with patients who have compromise dimmune systems. IBT was established in 1983 and has developed testw for allergies to roughly 900 including eggs, peanuts and
Monday, February 20, 2012
Chatham creates School of Sustainability and the Environment - Pacific Business News (Honolulu):
The school is expected to providwe undergraduate, graduate and professionakl programs to prepare students to identify and solves challenges related to the environmentand sustainability. The University will begin a search for a and will house thenew school'xs operations at its Eden Hall Farm Campus in north of Pittsburgh. The administration anticipates that the programs offered through the School will both attract new students and drivd the Eden HallFarm Campus’ master plan. The first progranm offered through the new school willbe Chatham' newest graduate program, the Mastedr of Arts in Food Studies.
The degrewe is designed to provide studentswith "a deep understandinh of the issues surrounding food such as the environmentakl costs of food production and distribution, cultural issues, sustainability of communities, and safety of the food according to a releass from the school. Classes will begi n in spring 2010 at the Eden Hall Farm campus and the Shadysidre campusin Pittsburgh's East End, and will include courseds such as agricultural productiohn systems, food processing, industrializatioj and waste, food, sustainability and health, and food and culture.
Friday, February 17, 2012
Colonial Bank files three foreclosures - Tampa Bay Business Journal:
As the Montgomery, Ala.-based bank searches for additionap money to boost its capital Colonial Bank reportedthat 9.2 percenf of its construction and development loans were past due as of Dec. 31. Loan s in South Florida have added to its OnMarch 13, Colonial Bank fileed a notice of foreclosure against Miami-basede Bentley Bay Boys, which owns commercial parcels near the Bentle Bay Condominium on South Beach. The lawsuit also named Bentlet Bay Boys managing membersGino Falsetto, Vittoriol Gerri and Jacob I. Sopher.
Florida Developmenr Associates builtthe 25-story Bentley Bay on the nort side of the MacArthur Causeway entrancde to South Beach in 2004, but the developet filed for Chapter 11 reorganization. Bentley Bay Boys acquirerd the unfinished commercial space inside the condo out of the bankruptcyh casein 2006. That same it got a $4.4 million mortgagew from , which was later acquired by Colonial Bank. The mortgage was increased to $6.8 millionh in 2007. Bentley Bay Boys went into default afte r it stopped monthly paymentsin December, according to a copy of the which was provided by Coloniao Bank’s attorney, Mark R. King with Miami-based Walker, Waechter, Poitevent, Carrere and It says $4.
8 plus interest, is due to Colonial The lawsuit asks the judgee to appoint a As guarantors ofthe Sopher, Gerri and Falsetto owe Coloniakl $3.4 million, the complaint On the same day Colonial Bank file a foreclosure lawsuit against Bentley Bay Boys, the developer sued the alleging Colonial Bank breached the loan agreement by refusing to fund a construction draw for tenanft improvement at the property, according to a copy of the complaint, whichg was provided by the developers’ Mark D. Solov, of in Miami. The developers reachedx a lease agreement to open a restaurant therer withThomas Billante, who owns such Miami-area restaurants sas Luna Carpaccio and Trattoria Rosalia.
It would have been called Fisherman’zs Bay. That lease agreement requiref Bentley Bay Boys tofund $1.5 million in improvementzs for the tenant. However, the complainrt says, Colonial Bank refused to pay for constructiojn draws under the previously approvedr advance so it could makethoses improvements. Fisherman’s Bay terminated the lease “It was becoming apparent that the bank was lookiny for any possible excusw to avoid funding thetenantf improvements,” the complaint by Bentley Bay Boys “The owner was concerne that the bank was suffering ill effect as a result of the worsening financial capitao markets throughout the country; there would have been no reason for the bank to considef foreclosing when the owner had made consistenr payments over the life of the loan.
” Colonial Bank also wants to foreclosse on a 67-unit apartment building in On March 16, Colonial Bank filefd a notice of foreclosure againsty Amanda Palms and its four managers Lee Ramirez, Pedro Carrillo, Charbel Abud and Felix Amanda Palms bought the building, at 6425 W. 24th in 2005 for $6.4 million and obtainedr a $6.2 million mortgage from Commercial Bank of No units in the condo conversion projecttwere sold. The complaint against Amandas Palms saysthe $6.2 million remaininvg on the loan matured, and the developerr owes $128,536 in past-due propertu taxes to Miami-Dade County.
The complaint asked for a receiver to take overthe property, accordingg to a copy of the complain t provided by King. The Cypressw Trail Condominium, west of West Palm is another target of a Colonial Bankforeclosure lawsuit. The six buildingsa at 3430 Cypress Trail, west of Florida’s Turnpike, has 72 Miami-based MG Properties sold 30 units and the bank filed the foreclosurew lawsuiton Wednesday, seekingy to seize the rest. The lawsuit also named MG Properties principals Roger Miller andKenneth M. Gordon. The stafcf at the MG Properties was not aware of the and said they would leavre a message withthe managers.
who represents Colonial Bank in this as well, provided a copy of the It says MG Properties took a $7.6 millionn mortgage with the bank in 2005 and did not pay the remaininbg $2.1 million when it came due. The lawsui asks that a receiverbe appointed.
Wednesday, February 15, 2012
Paulson didn
Paulson is testifying befor e the U.S. House Committee on Oversight andGovernmenft Reform. In prepared remarks submitted to the he says he acted appropriately in Decembedwhen Charlotte-based BofA threatened to back out of the In a transcript those remarks, Paulson acknowledges he told BofA Chiev Executive Kenneth Lewis that backing out of the agreemengt would be seen as a lack of judgment. He also told Lewiz such a move may put his future with the bank in according tothe transcript.
BofA in Decembedr threatened to back out of a deal to buy Merrillfor $50 billionb and declare a “materially adversr change” related to higher-than-expected fourth-quarter lossews at the investment bank and brokerage. Paulson’s prepared testimonyu says Treasury officials and federal regulatorwsinvestigated BofA’s threat and decided it woulrd not be legally valid to declared a MAC. Paulson says dropping the deal wouldx have been harmful to both parties and thegreaterd economy. “I believe my remarks to Mr. Lewis were Paulson says in the “If Bank of America exercised the MAC such an action would show a colossal lackof judgment.
“jI further explained to him that, unded such circumstances, the Federal Reserve could exercis e its authority to remove management and the board of Bank of By reminding Lewis ofthe Fed’s powers, Paulsenm intended to “deliver a strony message ... that it would be unthinkable for Bank of America to take this destructive action for which therse was no reasonable legal basids and which would show a lackof judgment,” accordinbg to the transcript. BofA eventually followed through with the MerrillLynchu purchase, buying it Jan. 1 for $29.1 billion.
The value of the deal droppeed from theoriginal $50 billiom because Merrill’s stock price fell precipitously after the deal was BofA agreed to the purchase afte r federal officials said they would support the deal with taxpaye r aid. BofA in January received an additional $20 billionm in Troubled Asset Relief Program money relatedc to theMerrill purchase. The bank has received a totap of $45 billion from the program.
Monday, February 13, 2012
YRC Worldwide says it seeks pension reform, not federal bailout - Kansas City Business Journal:
Last month, The Wall Streett Journal reported thatOverland Park-basef YRC (Nasdaq: YRCW) planned to seek $1 billion in Troubled Assety Relief Program funds typically used for banks — to help with its . But Chairman and CEO Bill Zollars, in a vide posted on a YRC Web site, said the company’s main interestf is pension reform with thefederal government’s help. “We’rer not asking for a bailout. We don’tt want any money from the federaol government,” Zollars said. “What we would like to do is be more competitivre in the marketplace and get rid of some of the costx thatreally don’t relate to how well we’r e doing our business.
” The company pays about $40 milliohn a month to 36 multiemployer pensiom funds for its roughly 38,000 unionizexd employees. Multiemployer pension funds have theifr rootsaround 1980, when thousands of unionized companiews contributed, Zollars said. “Over time, many of those companies have gone outof business,” he “The responsibility for providing retireexs their benefits fell to the companies that remained. It was kind of the ultimat penaltyfor success.” YRC now covers for many retireews who didn’t work for the company, and remedying the situationn requires some government help, Zollars said. The company is startin g discussionsabout situation.
“Whaft we would like to do is fix the structural inequitied that exist today between multiemployer pension plansand single-employerd plans,” he said. YRC has been postinv losses as a long freightrecession continues, and it integrateds subsidiaries. To maintain liquidity, the compangy has been selling propert and cutting employee wages in return for ownershiop inthe company. Now, YRC seekds to defer several months ofpensionj payments, using real estatee as collateral. The company lost $257.43 million in the firstr quarter on revenueof $1.5 compared with a loss of $46.376 million, or 82 cents a share, in the same quarteer a year earlier. YRC rankzs No.
2 on the Kansas City Business Journal ’e list of area public companies.
Saturday, February 11, 2012
Click to rate Rating 4 - Daily Mail
Click to rate Rating 4 Daily Mail Love the sub-heading for this story ..... "Cold snap strikes again as hots of Football League games are called off" ....... priceless! The views expressed in the contents above are those of our users and do not necessarily reflect the views of ... |
Thursday, February 9, 2012
India's my home now: Mia Evonne Uyeda - Daily News & Analysis
Daily News & Analysis | India's my home now: Mia Evonne Uyeda Daily News & Analysis By L Romal M Singh | Place: Bangalore She's as pretty as pretty gets and defines the word bubbly like she's the only personification of the sprightly adjective â" Mia Evonne Uyeda, is as crazy and full-of-fun as her VJ-avatar portrayed her a few years ... < br /> |
Tuesday, February 7, 2012
Beyoncé Steps Out For the First Time Since Giving Birth - The Daily Blabber from iVillage
Us Magazine | Beyoncé Steps Out For the First Time Since Giving Birth The Daily Blabber from iVillage Beyoncé has made her first public appearance since giving birth to baby Blue Ivy. The new mama looked gorgeous Monday night as she stepped out to support her husband Jay-Z who performed two shows at Carnegie H » |
Swamy relied on 31 key documents The Asian Age The special court holding trial in the 2G scam case could not be convinced by Janata Party president Subramanian Swamy to make a case of âcriminal culpabilityâ against Union home minister P. Chidambaram for CBI probe into the case on the basis of 31 ... |
Thursday, February 2, 2012
Libby starts as Stetson president - Tampa Bay Business Journal:
The former president of in Columbia, Mo., is set to spened her first official day as Stetson president July 13 meetingtwith faculty, staff and students and touring the DeLanfd campus. Stetson, an independent, private, liberao arts university with programs in musicand law, also has a campuas Gulfport and satellite centers in Tampa and The university is celebratinbg its 125th anniversary this Libby was named by the universityg in November to succeed Doug Lee, who recentlyt retired after 22 years as president. Libby was selected from a pool of 75 applicant s followinga 15-month national search. Her inauguration will be held Marcnh 20, during Stetson’s homecoming.
Since 2003, Libby has been presiden t of Stephens, the nation’s second-oldest women’s She is credited with increasing full-time undergraduates residential enrollment by 72 percent sinced assumingthat post. She also launched a fundraisintg campaign, improved campus facilities, initiated an aggressive strategic planning process andretailored Stephens’ academic She was previously vice president for business affairs and chief financial officer at , Greenville, from 1995 to 2003. She has 28 years of administrativ e and teaching experience in highet education at various A nativeof Brooklyn, N.Y., Libby received her doctorate in educational administration from the .
Her undergraduatew degree, in biology with a concentrationin genetics, is from . She receives a master’s degree in business administration with a concentration in financdefrom Cornell’s Johnson Graduate School of Management.
Tuesday, January 31, 2012
Bremerton-based contractor Dimension 4 closes; last 35 workers lose jobs - Kitsap Sun
Bremerton-based contractor Dimension 4 closes; last 35 workers lose jobs Kitsap Sun By Rachel Pritchett Dimension 4 leased the old Medical Dental Building in downtown Bremerton in 2004, completely renovated it and moved its headquarters there. The company, hailed in the late 1990s and early 2000s as part of a new wave of tech firms, ... |
Sunday, January 29, 2012
Humana, BG Medicine partner on study - Business First of Louisville:
More than 6,800 Humana customers in Chicago and Soutu Florida have enrolled inthe trial, Louisville-based Humana (NYSE: HUM) said in a news release. The studh was open to men ages 55 to 80 and womebn ages 60to 80. Participants took a detailes survey and underwent variouesclinical tests, including an advancesd ultrasound scan of arteries in the neck and a CT-scanh measurement of calcium deposits in the coronary They also provided blood samples.
“There is an increasing gap betweeb what research is teaching academic scientists and the real world ofclinical medicine,” Carol McCall, vice president of researcy and development for Humana, said in the “With pioneering studies such as this one, BG Medicine and Humans are employing a new approach to research — with the help of our health-plamn members who volunteer to find solutions that can provide better medical care for lower Humana, which holds a minority equity interest in Mass.-based BG Medicine, is being paid for its services. More informatioh about the study can be foundat .
Friday, January 27, 2012
Conversing with the Competition: Detroit Lions at New Orleans Saints - Sidelion Report
Conversing with the Competition: Detroit Lions at New Orleans Saints Sidelion Report It will be just about a month between meetings but Saturday's game between the Detroit Lions and New Orleans Saints will have a whole different feel this time around. The Saints will be looking to undo the pain caused by a Wild Card loss in Seattle ... |
The Narrative Richness of âMarriage Materialâ New Yorker (blog) So it is with Joe Swanberg's films; he has the intuition of a journalist or diarist regarding the narrative richness of his life and the lives of the people around him, and he comes up with distinctive, ever-evolving ways of capturing the details, ... |
Friday, January 20, 2012
Kaiser Permanente considering a new location - Atlanta Business Chronicle:
Kaiser Permanente has about 200,000 square or the equivalent of roughlhyeight floors, scattered throughout Piedmong Center 9-12. It will be scouting buildings in Buckhead and Central Perimeter for at least that much office space and possibly Kaiser Permanente’s lease in Piedmont Centert expires at the end of 2011. It wants to finalize a new deal byearlty 2009, according to commercial real estate sourcews familiar with the process. After two decades in Piedmont Center, Kaiser says it’sx time to consider a move.
It also wantw to test the waters because in the softofficee market, large tenants with strong credirt are able to get big Kaiser would have good leverage in Buckhead, where four office towersa are in various stages of and Pope & ’s 3630 ’s Two Alliance ’s Terminus 200 and ’sw Phipps Tower. Despite softening demand, about 1.9 million square feet of officd buildings areunder construction, with no new tenants signesd to leases, according to Kaiser will also give Central Perimeter a hard look, where ’s 400 Perimeter Center Terracse and 66 Perimeter Center have the space to land the managecd care organization.
Kaiser could also renew in Piedmont Center and expaned to other office buildings withinthe ’s David Demarest and William Propst are representing Kaisef Permanente. Architectural and engineering firmStevens & recently renewedx its lease at downtown’ds 100 Peachtree, better known as the Equitable The firm, whose roots reacj deep into Atlanta’s will lease 26,700 square feet, or about a floofr and a half, at one of the city’s landmark office towers. Stevens & Wilkinsohn Stang & Newdow has been a fixture downtown sinc the early20th century. The firm Stevenws & Wilkinson was founded at 140 Peachtree Jan. 1, 1919.
Years later, it merged with Stang Newdow. Its lease at Equitable extendsthrough 2015. It has been housedr in the buildingsince 1969. “We explored the possibility of movintto Midtown, but we have all this history said Lee Morris, executive vice presiden and general counsel. “There was a strong feelinfg here, among the folks that spentf their whole career withthis firm, that we shoulds remain downtown.” Stevens & Wilkinson Stang & which has almost 80 people on its staff, will use the additionapl room for meeting space.
San Diego-based Equastone LLC , whic h purchased the 33-story Equitable Building in May is carrying out a series of improvements at the and dealt with damage the buildingg sustained in the March tornado that struck The building is partof Atlanta’s rejuvenater Central Business District near Centennial Olympic Park. Morris said downtowjn has benefited from Georgia StateUniversitgy ’s expansion. Stevens & Wilkinson Stangb & Newdow has designed some of the district’se recent additions, including the Embassy Suites hotel and Acquarium HiltomnGarden Inn.
It also worked on the city’zs historic downtown developments, including Techwoodr Homes — the first publiv housing project inthe U.S. and the Central Libraryy at One MargaretMitchell Square. “Our long history and commitmenr to downtown is very special to me and many othersz atthis firm,” Morris The team of Addison Meriwether, John O’Neill, Chris White, Allison Bitteol and Travis Jackson represented Stevense & Wilkinson Stang & Newdow.
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