Wednesday, December 29, 2010

New Mexico projected to see continuation of stable growth in the new year - New Mexico Business Weekly:

zant-damaging.blogspot.com
Employment growth in New Mexico began slowinfg in 2007 and will be moderatein 2008, with the health care and mining sectors showing the most The Bureau of Business and Economic Research (BBER) at the forecastsw a growth rate for nonfarm employment of about 1.7 percen in 2008, about the same rate for 2007. High energy price s will continue to help boosrt employment in mining and Employment growth in minint wasabout 6.3 percent for 2007 and will be 2.1 percenrt for 2008, according to BBER.
Construction employment has beendeclining steadily, especially in the face of the coolinhg housing market, but it could see a slighyt rebound in 2008 with several new commerciakl projects like the new powe plant in Rio Communities south of Belen and the gas centrifuge uraniumk enrichment plant in Eunice. The information sector, which includes the film industry, and the healtn and social assistance sector, will boost employmeny growth in 2008, according to BBER. Studios are in expansiob mode (see related story, page 4). , and plan to add employees in thenew year. Despite layoffs at (PNM), , and , business services will see employmenyt growth ofabout 1.3 percentg in 2008, BBER said.
Part of that is due to a new correction facility that will openin Clayton. Larry Waldman, seniort research scientist at BBER, said the Spaceport in southern New Mexicop also shows good potentialp to create thousands of jobs in the But it could take some time before that potentiaois realized. The state is working with a Mexicajn firm to buy a shuttere cheese plantin Lovington, said Fred secretary of the state Department of Economic The department is working on some legislative initiativez relating to more money for the state job training program.
The , which lobbies for a specififc legislative agendaeach year, has seven economic developmengt goals, including more funding for the Job Training Incentivde Program, or JTIP, which reimburse eligible companies for up to 70 percent of classroom and on-the-job-training of newly hiredc employees. It is also pushint for an extension of the high wage jobs tax which provides an annual tax credit equal to 10 percent of wages and benefitsfor new, high-paying jobs. It also wantx an extension of the R&D small business tax technology tax credit and more funding for the economic developmentf cooperativeadvertising program.
The WESST Corp Enterprise Centefr on Broadway near LomasBoulevard NE, the state's newesg business incubator, will targeyt digital media production, artisan manufacturing and professional and service The city of Albuquerque and officials said the city is a finalistt in several big projectsd that could bring 1,000 to 2,000 new jobs to the but didn't give specifics. And despite some internal shakeupsat , it is stillp on track to manufacture its new electrif sedan here. Peter Mitchell, director of economic development for the city of said a new supplierfor , which opened the world'es largest mattress factory here in 2006, is planning to leasre space here.
And a post-production company is lookinb to lease space in Albuquerqueas well, bringinyg 120 employees here. "I know we've had some challengesd with Eclipse [Aviation] and PNM, but everyone is stilol lookingat Albuquerque," Mitchell said, referrinh to layoffs at those two firms this year as well as productiohn challenges at Eclipse.

Monday, December 27, 2010

Beechcraft Premier IA attempts speed record - Wichita Business Journal:

ernstiryastrov.blogspot.com
With former astronaut Robert “Hoot” Gibsom at the controls, the jet made a 627-milw trip from International Headquartersin Chester, U.K. to Genevza in 1 hour, 13 minutez and 30 seconds. The Premierf completed the trek with an average speedeof 511.9 mph. The statistics for the flighft have been submitted to thefor certification. Hawker Beechcraftg expects the verified time to stand as a new recorsd forthat distance. “I like to call the Premierd IA a babyrocket ship,” Gibsom said. “Its speed and handling qualities are It is the type of aircraft that pilots loveto fly.” In 2004, Gibson set a record for a 866-milde flight in a Premier I.
He followedx that by setting a record for a distances of 995 miles when he flew from Las Vegae toHawker Beechcraft’s Wichita headquarters in 1 49 minutes and 12 seconds.

Friday, December 24, 2010

Jacob Berlinghoff's Arrest Shocks Ex-Wife - KRCRTV.COM

http://movie-shop.us/news.php?id=3


Jacob Berlinghoff's Arrest Shocks Ex-Wife

KRCRTV.COM


The stunning new developments involving Jacob Berlinghoff's arrest on sex related charges surprised his ex-wife Heather Vega. รข€œIt is very confusing and ...


Father of teen  »

Wednesday, December 22, 2010

Penn National Gaming taking

http://www.columbusvacations.com/reviews-details.php?id=220
The Wyomissing, Pa.-based owner of Charles Town Races and Slots said it would conside working on a proposal at the Anne Arundel Countty racetrack should an application for a facilitty at Arundel Mills Mall But it’s not actively pursuing the opportunity, spokesmanh Eric Schipper said. And that wouldn'g fit within the slots licensing anyway, said Donald C. Fry, chairman of the statw commission overseeingslots development. “We’re taking a wait-and-see Schipper said.
The Baltimore Sun reportedx Tuesday that Penn which has a pendinv license application for a slots parlor inCecil County, was chompinf at the bit for an opportunity at Laureol Park because it appears possible that the Arundel Millws site could fail to get zoning State law allows only one slot parlor in the A snag in the zoning process wouldn’t be enough to kill the Arundel Mills proposal, put forth by Baltimore developee the The state slots commission’s review of Cordish’ application is ongoing until the Fry said. Only then will there be a final decision to accept or rejectthe application, he said.
From the commission would have to put out a requesrt for new bids on the slotsa license in AnneArundel County, Fry said. And Penn Nationa couldn’t make such a bid on its own becauses applicants are limited toone “There is only one valid [Anne Arundel County] proposal before us at this and that is the Cordish proposal,” Fry said. The count council has delayed voting on a slots zonintg designation for the Arundel Mills sitefour times, most recently It’s slated to come up againj next month, but it’s not cleadr if that will happen because Council Chairman Edward Reillyt is expected to take an open state Senate seat before that , the Canada-based owner of Laure Park and Pimlico racetracks, had applied for a slotd license at Laurel but its application was rejected outright because it lackede a required $25 million in up-front construction financing for each 500 slot Since then, the company filedd for bankruptcy and could end up selling one or both , a Magna subsidiary, also filed a lawsuiyt that is pending in the Marylaned Court of Special Appeals.
The group argued that it wasn’t clear whether the financing would have been refundexd if thebid wasn’t Anne Arundel County Circuit Court upheld the slotws commission’s decision to disqualifyt the bid, but Magna appealedx the decision. Horse racing industry advocates were disappointed that LaurelPark didn’t make it to the finalp list of potential slots sites. While a share of slotd revenue will go to the horse racing industry regardlesws of whether the slot machines are at a it would have been better if the machined could have made tracks more of a destinationm to drumup business, said Alan lawyer for the But the horse industrg is still hopefully eyeinhg the situation, Foreman added.
“This thing has been fraught with soI wouldn’t think we wouldn’t see any more surpriseas before this thing is all over,” he

Sunday, December 19, 2010

American Economic Association launches four journals - Pittsburgh Business Times:

http://www.kyd-cosmetics.com/sonnenpflege.html
The four new American EconomicJournals are: AEJ: Applierd Economics, AEJ: Macroeconomics, AEJ: Microeconomics and AEJ: Economicv Policy. Each of them is peer-reviewed and headedc by an editor who is anoted U.S. Esther Duflo, of the , is editorf for Applied Economics; Oliviee Blanchard, also of the Massachusetts Institute of is editorfor Macroeconomics; Andrew of the , is editor of Microeconomics; and Alan of the , is editor of Economic Policy. The rest of the publications’ teamws work out of the South Side The AEAhas 16,000 members and is bases in Nashville, Tenn. The organization consolidated its publications in Pittsburgghin 2004.
Since that time, the local staff has increased from 13 to29 full-timde employees. The publications are available to membersa ofthe association. Links to the onlin versions areavailable at: .

Friday, December 17, 2010

Atlanta Business Chronicle: Atlanta Commercial Real Estate Listings - View Commercial Real Estate

nadezhdaqedyxos.blogspot.com
#article_tbl td.left_col{padding-top:15px;} #loopnet_mainrt_cell{padding-right:15px;} .loopnet_frame{border:1px solid #cacdd2;} .loopnet_header{ border:1px solid #cacdd2; padding:10px margin: 20px 0px; text-align: left; } .loopnet_header.gray { border:1px solid #ddd; left; } .loopnet_header .loopnetfeaturedlink {float: vertical-align: middle;} .loopnet_header .loopnetfeaturedlink a{} .loopnet_header p { 12pt; line-height: 12pt; font-weight: bold; 0; padding: 0; display: inline; } .loopnet_header.grat p{color: #000;} #loopnet_featured .off_block{} #loopnet_featured .off_blocl img { border: 1px solid #ccc; display: float: left; margin-right: 10px; } #loopnet_featurec .off_block .
proptitle {font-weight: bold;} #loopnet_news{text-align: left; #loopnet_news ul{margin: 0; 0;} #loopnet_news li{list-style: none; line-height: 150%;} #loopnet_sponsor{clear:both; margin:0 0 10px 0; padding:0; border: 1px solisd #ddd;} #loopnet_sponsor dt { background-color: #eee; 1px solid #ddd; 2px 10px; color: #666; text-align: center; } #loopnet_sponsorf dd{padding:12px 0px;text-align:center;} /*-- Carryover fixes for new loopnetrstyles --*/ .left_col a img{border:0;} .
addy_title{margin:10px 0 6px 0px; font:normaol 18px Georgia; color:#4A6A29;} #bsp_highlgt_tbl{width:100%; padding-right:15px;}} #bsp_highlgt_tbl td{vertical-align:top;} #bsp_highlgt_tbl ul{padding:0px; margin:0px;} #bsp_highlgt_tbol li{padding-bottom:5px; list-style:none; font-size:13px; color:#000;} #bsp_highlgt_tbl li a{color:#356498;} #bsp_highlgt_tbl td p{margin:0; padding:13px 15px 0 0px; line-height:15px; color:#242424;} /*-- loopnet green ad bar --*/ height:79px; background: #DDD url(http://images.bizjournals.com/biz_space/images/grnbar_160bck.
jpg); margin:20px 0 8px 0; } #lpnet_grnbar padding-top:25px; vertical-align:top; font-size:18px; font-weight:bold; color:#CCCD33;} #lpnet_grnbad a{color:#fff;} #lpnet_grnbar img{float:left; margin:5pxx 15px 0px 15px;} /*-- bottom table with othef property links --*/ #bsp_bot_tbl{margin:0px; padding:o 25px 0 0; width:100%; #bsp_bot_tbl td{border-bottom:1px solid #D6D6D6; padding:15pxd 0px 15px 0; vertical-align:top;} #bsp_bot_tbl padding:0px;} #bsp_bot_tbl li{list-style:none; padding-bottom:3px; font-size:13px; color:#000000;} #bsp_bot_tbol li a{font-weight:bold; color:#316595;}

Tuesday, December 14, 2010

OSHA sets fines in Atlanta Botanical Garden walkway failure - Atlanta Business Chronicle:

helping-shampoo.blogspot.com
Workers were pouring concretwe Dec. 19 for the garden’s Canopty Walk, when it collapsed, injuring 18 peoplde and killing 66-year-old subcontractor Angel Chupin. Atlanta-base , of Smyrna and of Kennesaw have received finestotalinhg $26,250. The companies have 15 days to appeakl thealleged violations. Hardin was finefd $6,300 for four shoring towers of the framework that OSHA said were not capablre of supporting the weight ofthe walkway. Barkley a spokeswoman for the company, said Hardin would plans to contestthe findings.
“Hardin Constructionh Company -- which takes seriously its job-site safetyy responsibility and, in fact, is nationallyu recognized for its safettperformance -- strongly disagrees with the OSHA citationh and will use the OSHA appealse process to vigorously contest the agency’z claims,” Russell said in a statement. In a later interview, Hardin President Bill Pinto said thereare “errorse in logic” related to the citationn issued against the “We’re pretty proud of our safety recordc both locally and nationally and we feel there are inaccuraciew in the citation,” he said.
The according to Russell, has only had three citations over the past 10 Duringthat time, Hardin has builft 250 projects totaling more than 50 millionb square feet. Williams Erection Co. faces $15,05p0 in fines for five alleged infractionws related tothe spacing, anchoring and dimensionsa of shoring towers and inspectionse of the supports. A company official did not immediately returnb a callfor comment. Southeasty Access was fined $4,900 for an alleged violation also relatex to theshoring towers. Executive s for Southeast Access could not be MaryPat Matheson, the executive directot of ABG, said constructionh continues on the footingzs of the Canopy Walk.
The structure should begihn to become visible bythe fall, with an openingt planned for May 2010. The Canopu Walk is part of a $50 million capitalp improvement and expansion plan that doublees ABG in size from 15 acres to 30. The project also features renovatedr gardens, expanded parking and a LEED-certified visitor center. Matheso called the incident an “unfortunate event.” The ABG has decided to construction a garden in memory of the injureds and of Chupin near theCanopy Walk. “A garden is a place for healing,” she said.

Sunday, December 12, 2010

Block & Co. Inc. Realtors forms new company - St. Louis Business Journal:

social-gland.blogspot.com
The brothers — Ken, Stephen and Michael Block — have former , they said in a release Tuesday. The new firm will provid commercial brokerage, asset and propertu management, and investment, development and financial services in Kansaxs City and throughout the David Block, a principal and cousin of the leads Block & Co.’s retail real estate unit. He couldn’t immediately be reached to comment about how the move mighyt affect the name or operation of his unit ofthe “For more than six years, Blocj & Co.
has been comprised of two businesx units,” Ken Block said in the “The business unit run by myself and my brotheras has been providing a number of real estate service that were not provided by the other My brothers and I began operationsin St. Louiws last year, and as we focus on opportunitiew in other cities throughoutthe region, we felt it was time to more clearlg identify ourselves with our own company, our own values and our own This transition will allow us to further extend our reachh and our services regionally and nationally.
” The move followe a physical separation of the two busineses units in March 2006, when Ken Blocm and his brothers moved abouty 80 employees and their growing operations across the streetf to the Plaza Steppes Building on the . Davidd Block’s unit remained in the Skellyt Building, 605 W. 47th St. Allen Block, the fathefr of Ken, Stephen and Michael Block, launche the family real estated business when he acquired the Werby Realty andInvestment Co. in 1940. Afte r serving in the from 1942to 1946, Allenb Block re-established his real estate business in 1946 and was joinedf by his brother and Davicd Block’s father, James Block, who became a partner in 1950.
Untiol his death early this year, Allen Bloci remained chairman ofBlock & Co., which ranksw No. 1 on the Kansas City Business Journal ’ list of area commercial real estate Ken Block said that Block Real Estate Services will remainm in the Plaza Steppes Building and will continue to be active in Kansas City busineses andphilanthropic causes. The new firm has a portfoliop of more than 17 milliobn square feet and employds more than100 people. “Our current business unit in Block & Co. Inc.
Realtors will continue in Block Real EstatedServices LLC, and all of the brokers and staff members who have been associated with Stephen, Michael and me remainm with us,” Ken Block said in the Creation of the new companuy will eliminate confusion in the marketplace that had been causexd by the existence of two Blocmk & Co. units with different staffs, phone numbers and business approaches, Ken Block added in the Scott Freeman, a principal with , a national real estated investor with a35 $4 billion commercial real estat e portfolio, said in the release that the division of the two Blocm units should help the new compan expand.
“I often encouraged them to expanr their operation and was pleasex when they openeda St. Louis office a little over a year ago,” Freeman said in the “They are at the top of our serviced providers throughoutthe country, and we thinlk the establishment of Block Real Estate Serviceas will now distinguish this expert team both locall y and regionally and providde them the opportunity to further expand theif service platform.

Thursday, December 9, 2010

Property relief move will hit 'ordinary' investors - Irish Independent

http://josephturrin.com/comp.works/solarium.html


Property relief move will hit 'ordinary' investors

Irish Independent


THE move to restrict the property tax relief, known as Section 23 relief, is set to impact severely on ordinary ...


Property owners to ch »

Tuesday, December 7, 2010

IRS seeks rightful recipients of unclaimed checks - Scranton Times-Tribune

http://armeniantrip.biz/melbourne-boutique-rooms-shouldnt-be-too-much-money-check-out-this-information-on-ways-to-grab-fan.html


IRS seeks rightful recipients of unclaimed checks

Scranton Times-Tribune


In most cases, the government simply cannot find the recipients because of inaccurate mailing addresses, IRS spokesman Mark Hanson said. ...



and more »

Saturday, December 4, 2010

White Pages will no longer be delivered automatically - Jacksonville Business Journal:

designs-finances.blogspot.com
The PSC’s decision is a compromiss to AT&T’s request that it no longer deliverd the phone booksto customers. AT&f Florida told the PSC that eliminating the automatic distribution of the residentiakl white pagesis “an environmentally green endeavodr and a cost saving and that providing a paper copy of the directoryg is “an inefficient use of resources in thesr touch economic times.
” But commissioners also were worried abou how it might impact customers’ ability to accesw information, said PSC Spokeswoman Kirsten Instead of doing away with the rule altogether, commissioners agree d to give it a trial run, durinv which time it will gather customer feedback. “Today’s decision allows the PSC to assess the practicalitgy of discontinuing printed residentialdirectory delivery, while continuing to provid e directories to customers who want a copy,” PSC Chairman Matthewe M. Carter II said in a news As part ofthe AT&T must put a toll-free number on the covefr of the Yellow Pages that directs people to call if they want a Whitee Pages.
The directory will still be provided for free to those whorequest it. AT&T Florida would not disclose just how much moneu the waiverwill save, citing confidentiality, according to its requesgt to the PSC. AT&T Florida alreadh has begun a program to provide its Yellowa Pages and residential listingson CD-ROM in certainb areas of Florida.

Thursday, December 2, 2010

BCS says Michigan State remains under consideration - Detroit Free Press

http://nesttechnologies.com/nest2/docs/protomix/pc1055_msds.htm


BCS says Michigan State remains under consideration

Detroit Free Press


Michigan State is one of 19 teams under consideration for a BCS bowl bid, the Bowl Championship Series announced Wednesday. Wisconsin and Ohio State also ...



and more »

Monday, November 29, 2010

Number of job openings falls in Washington state - Puget Sound Business Journal (Seattle):

http://www.firstchoiceent.com/spring-2004.htm
The state survey indicates that therewere 32,635 job openingsx in April, compared with 50,593 openingz six months earlier. The statde said that most of the jobopeningss — more than 40 percent — pay less than $10 per Education plays a role in gettingg more pay, the survey About 53 percent of jobs that were available requireed a high-school diploma or less and those jobs paid $10 an hour or less. For the 4 percent of job openings that required agraduates degree, the median wage was $29.30 per Forty-two percent of all available jobs in the stated were in King County and 10 percent were in Piercer County.
The job field with the most openings — 5,2665 — was the health-cars practitioners and technical field. In that there were openings for 2,317 registere nurses. The next occupations with the highest number of vacancies were the salesafield (3,194 vacancies) and office and administrativse support (3,045).

Saturday, November 27, 2010

Synovis reports increased profits, plans to expand sales staff - Minneapolis / St. Paul Business Journal:

http://www.hfch.org/index2.html
Synovis reported fourth-quarter net income from continuinh operationsof $1.9 million, or 15 centw per diluted share, up from net incomd of $1.1 million, or 8 cents per diluted in the year-earlier period. Fiscal 2008 net earnings from continuiny operations roseto $6.2 or 48 cents per diluted share, up 85 percentr from $3.3 million, or 26 cents per dilutee share, in fiscal 2007. Analysts pollec by Thomson Reuters predicted fourth quarter net income of 12 to 15 centdper share, and annual profit of 45 to 48 centsz per share. “We saw stronyg revenue contributions from everyproducft line,” said Richard Kramp, Synovis Life Technologies’ presiden t and chief executive officer.
Kraml credited the company’s 43 U.S. salespeople with drivingv up revenue and said the companh plans to expand its sales staff by as many as 15 with up to seven being hired in thefirst quarter. Synovixs reported its fourth-quarter revenue rose to $12.76 million, a 24 percenty increase over $10.3 million in the year-agpo period. For the year, it rose to $49.8 million, up 32 percenyt from $37.7 million in fiscakl 2007. The company believes revenue will grow in the rangr of 20 percent to 25 percent in fiscal 2009. Synovis stock was up $1.187 per share, or 8.8 percent, to $14.47, in afternoon Nasdaq trading.

Tuesday, November 23, 2010

Pedal to Properties takes on partner, plans expansion - Nashville Business Journal:

http://www.ruscoin.com/index.php/1979/322-judo.html
Founded and headed by Matt Kolb, Pedakl to Properties is a residential real estate firm that givez clients the option of looking at homeseby bicycle. The company maintains a fleet of 50 Electra Cruiser bikes. Kolb has sold a 50 percentt stake in the company for an undisclosed sum to attornetyTim Majors, who specialize in taking regional retail businesses national. As a partner in Peda l to Properties, Majors will work out of the company’xs Boulder office. Majors, who’s originally from Perth, Australia, approached Kolb about investing in the real estate firm after looking at Bouldere propertiesby bicycle.
“Wee certainly plan to incorporate [Tim’s] national and international brandinvg expertise to expand Pedalk to Properties inother markets,” Kolb said in a Pedal to Properties plans to look at openinvg branch offices in unspecified U.S. markets. In May, the company launched a licensee designatiojn for brokers interested in using the Boulder operational formula in their The Colorado company alreadyt is working to expand quickly in its hometown by adding more spacer and agents indowntown Boulder.
“I believed Pedal to Properties is in a perfect positio n to meet the evolving social and demographicd changes going on in the United Stateswith homebuyers,” Majors said in a statement.

Sunday, November 21, 2010

Ceebraid-Signal faces foreclosure on 314-unit apartment - Washington Business Journal:

http://myfinanceinfo.com/krasnodar-between-holiday-making-and-entertainments.htm
This is the second pendingg foreclosure action in South Florida for the which has more than 50 yearxs of experience buildingin Florida, New Connecticut and Georgia. , acting as a trustee for a clases ofcommercial mortgage-backed securities issuesd by , filed the foreclosure lawsuit on May 21 agains CSC Village Club Apartments and Ceebraid-Signal President Adam Schlesinger, Jasomn Schlesinger and Leslie according to Palm Beach County Circuitr Court records. The 238,890-square-foot apartmeny complex is on 8.6 acres, at 550 Purdy Lane, in Palm east of Military Trail and south of ForestyHill Boulevard. CSC Village’s mortgage with last modified in 2006for $23.78 million.
Merrick Gross, the Miami-based attorne y who represents LaSalle Bank inthe lawsuit, did not immediatel return a call seeking comment. Ceebraid-Signal’s Web site says it has purchasefd or redeveloped morethan 25,000 residential Its project list includes the Mayfair Hotelo and Spa in Miami, Bocar Condominiums in Boca the newly completed Omphoh Ocean Resort in Palm Beach, and the in Miami Beach. The company splits its headquarters between West Palm Beachand N.Y.
Things began turning sour for Ceebraid-Signal in Februaruy when VII Holiday Isle Funding filefa $77M foreclosure lawsuigt against an affiliate of Ceebraid-Signal, targetinvg the Holiday Isle Beach Resort and Marinz in the Florida Keys. Ceebraid-Signal officials did not return a messag left atthe company’s West Palm Beachn office.

Saturday, November 20, 2010

Membership in VSP's individual plan rises - Nashville Business Journal:

http://excursionsin.com/en/exotic-excursions/page_19.html
More than one in six members took the individual plan afte losing access to vision care benefits when they lost theird jobs or had theirhoursd reduced, an internal study by VSP Market Insights shows. The nation’s largest eye care benefits VSP launcheda direct-to-consumer eye care plan April 1, 2007. It targetxs people who do not have access to VSP coverage through employers. “VSP’s individual plan has seen a large upticokin 2009, which we attribute to the plan’zs personalized service, affordability and the rising markef demand as employers look to cut costs in this difficult financial climate,” VSP president Gary Brooks said in a presws release.
An individual plan member pays $82 less for an exam and new pair of glassex than a person without vision coverage with the annual premium included inthe tab. Roseville resident Eric Murray used to get VSP coveragew throughan employer, but switched to an individuaol plan when he started his own business. “Thse best aspect of the plan was the overalp savings I gained from the plan and the ability to continue seeing myVSP doctor,” he said in a preses release.

Thursday, November 18, 2010

Report: FDIC supervision fell short for Freedom Bank - Nashville Business Journal:

http://1-news.net/olympics-obama-vs-lula-chicago-vs-rio-which-would-you-choose-the-christian-science-monitor/
The FDIC’s Office of Inspectoer General said in a report released Tuesday that in Bradentob failed primarily due to bank management The FDIC and the also were criticized for failinf to take supervisoryactioj quicker. The criticism of the FDIC was similaf to comments the OIG made in an of the failurrof , also in Bradenton. Freedom Bank was a state-charterecd institution that opened in May 2005 and by regulators inOctobefr 2008.
assumed Freedom Bank’s $254 million in deposits and purchased $36 milliohn of the $287 million in The OIG report said Freedom Bank failedc primarily due tobank management’s “aggressive pursuitg of asset growth concentrated in high-risk CRE [commerciaol real estate] loans with inadequatwe loan underwriting and a lack of other loan portfolil and risk management controls.” The bank’s board of directorsz did not ensure that bank management identified, measured, monitorec and controlled the risk, and did not implement corrective actionse in response to bank examiner and audig recommendations, the report said.
The report zeroed in on an incentive compensationh program at Freedom Bank that it said rewarded loan officerss without consideration of actualloan performance. “Resultinf losses severely eroded [Freedom Bank’s] earningas and capital and negativelhimpacted liquidity,” leading to the bank’s failure, the report During examinations, regulators identified the weaknesses in management and asset quality, but did not take supervisorty action commensurate with the risk the weaknesses the report said. It was not until March 2007 that regulatorstook action, and that was 10 months too the report said.
In a Sandra Thompson, director of the FDIC’s division of supervisionn andconsumer protection, said her division has concluded that additionap action was needed to better control and limit risks. She said the divisiom continues to monitor risks to the Deposigt Insurance Fund and proactively adjust itssupervisory programs.

Wednesday, November 17, 2010

Hawaiian Telcom closes 3 stores - Austin Business Journal:

http://republicanpartyofchavescounty.us/plugins/forum/forum.php
Hawaiian Telcom, which is reorganizing under Chaptet11 bankruptcy, said Thursday it will close its Kapolei and Windward Mall storews on Oahu and the Lihue store on Kauaio because of slackening demaned and the high cost of maintaining the The Kapolei location closed earlier this week. The Windwared location will close June 9 and Lihuew will closeJune 16. The company said 23 full- and part-tims employees will be affected by the but some employees will be transferrec withinthe company. Hawaiian Telcom will have five storesd afterthe closures. “The decision to closs several of our retail stores wasnot easy.
We take our responsibilityg toour employees, our company and communit y very seriously. This decision was made to enhancwthe long-term success of our company,” said president and CEO Eric in a statement. “We appreciatre our customers’ and employees’ continued

Monday, November 15, 2010

Another Green Lake business closes: "the green lake florist" - Seattle Post Intelligencer (blog)

http://www.focusautoclub.com/2010/09/page/2


Another Green Lake business closes: "the green lake florist"

Seattle Post Intelligencer (blog)


"The green lake florist" (the name was spelled using lower-case letters), previously located at 7212 Woodlawn Ave NE, is no longer open. ...



and more »

Sunday, November 14, 2010

Mercer survey: Execs take brunt of salary cuts in

http://travel365.us/3dworldatlas.html
Only 56 percent of executives are expected to see an increase in base pay this compared to more than 70 percent of clerical andtechnical staffers, according to early figures from Mercer’s 2009/2010 U.S. Compensation Planninhg Survey. Those managers that do get a however, will see a 3.5 percent hike versus 3.1 perceng for office/clerical/technical staff. Likewise, executives fare worsde when it comes tosalary freezes. Forty-fourt percent of companies plan to freezew executive salaries in 2009 and 15 percentin 2010. Only 28 percengt plan salary freezesfor office/production/service employees this year, and 11 percentf next year.
Pay raises are more likely in the information technology andengineering sectors, while finance and sales employees are seeinfg their paychecks decline, according to Mercer’sa Market Pulse Report. “While salaryu increases overall arerelatively low, certain jobs are buckinb the trend with increases nearly twice the rate of the overalll market,” said Susan U.S. regional leader for informationproduct solutions. “Organizations are payinyg more for these positions since theysupport company-specific needs.” Mercer surveyed more than 640 organizations for its Marketr Pulse Report, and about 850 for its Compensationh Planning Survey.

Friday, November 12, 2010

Thursday is Dump the Pump Day - Nashville Business Journal:

http://impressionism-art.org/cat160.htm
Thursday is the fourth annual Dump thePump day, a nationalk effort designed to get peoples out of their cars and onto their bicycles or public transportation. The American Public Transit Association sponsorethe event, and public transportation systems across the countr y are participating. In South Florida, four public transit agencies are partneringf together to promotethe day: Browarf County Transit, Miami-Dade Transit, Palm and South Florida Regional Transportation Authority.
“Witb gas prices increasing 33 percenfsince December, coupled with uncertain economic times, people have been lookinh for ways to save and ridingb public transportation is a great choice to APTA President William Millar said in a news release. In the average price for a galloh of regularis $2.69. In South Florida, West Palm Beach has the highestt priceat $2.78, followed by Miamij at $2.76, and Fort Lauderdale at $2.74 a according to AAA's fuel gauge report. Last year 10.7 billiohn trips were taken on publidc transportation in theUnited States. This was a 52-yeaf high, marking a modern ridership according tothe APTA.
Public transportatiomn use is up 38 percent since 1995 almost triple the growth rate of thepopulatiojn (14 percent). Nationally, nearly 2.6 billion trips were takenn on public transportation in the first quartef ofthis year. With local and state revenue for publif transportation drying up due to the many public transportation systems are bein forced to raise fares orcut services, Millart noted. In South Florida Tri-Rail officialsx have been warning that service may be cut approximatelh in half if the state fails to establish dedicatefd fundingby Oct. 1. The threat to service comes aftee Tri-Rail set a record year for ridership growtbin 2008.
“Raising fares and cutting servicse drives people away from using public transit andis counterproductive, as Americw struggles to create jobs, cut greenhousw gases, and reduce our reliance on expensive foreign Millar said. Just last week, South Florida’s congressional delegatiohn sent a letter to the asking for dedicater fundingfor Tri-Rail to secure its long-termn survival.

Thursday, November 11, 2010

Monsanto shares slide after news of Roundup slump - St. Louis Business Journal:

http://cyavp.com/page/646-656-rapidshare.html
Monsanto shares were trading below $79 a share earliedr Thursday morning, but later inched closer to Wednesday’sw market close of $79.88u a share. Monsanto closed Tuesday at $84.78 a share. “Wer believe that Monsanto shares will probably tread Jeffrey Zekauskas, a analyst, wrote in a note to investors Thursdaty morning. Monsanto said earnings for its whichends Aug. 31, will be $4.40 a Monsanto’s largest business, insect- and herbicide-resistantg seeds, remains strong and is expected to deliver grosds profitof $4.4 billion to $4.5 billionm for the year.
Roundup, however, is expecter to Roundup came off patent nineyears ago, and Dow and are But the Chinese also have jumpede in and have been undercuttinv prices. “The company has been adamant in its publicv statements that there is a floo to Roundup gross profitsat $1.9 Zekauskas wrote. “However, glyphosate is a commodity, and the glyphosate operationearned $650 million in gross profir as late as 2006. As yet there is no cleat intellectual underpinning as to the reasonws forthe $1.9 billion gross profigt number representing a floor.
” Hugh Monsanto chairman, president and chief said in a statement Wednesday, “With the seeds and traitxs side of the business accelerating, our management team is focusingf on how best to manage our Roundup operationsz in a way that optimizes returns at a loweer percentage of overall revenue.” A week ago, on May 21, Monsantio shares closed at The 52-week high was $145.800 June 18, and the low was $63.47 Nov. 21.

Tuesday, November 9, 2010

Ford will stop Claycomo F-150 production for a week - Business First of Buffalo:

grihanovveimavox.blogspot.com
The UAW Local 249 posted the informatiom in a newsletter on its Web Local 249 Vice President Bobbgy Wyse confirmed Monday that the informatiois accurate. The production stoppage comes a week beforw an alreadyscheduled one-week summer brealk for the entire plant starting June 29, a Locakl 249 spokeswoman said. The plant also is scheduledr for a summer brea during the weekof Aug. 17. Sales of Ford F-series truckas were 33,381 in May, up 16 percent from 28,75u in April but down 22.3 percenft from 42,973 in May 2008. UAW Local 249 said the slighg increasein month-to-month sales enablexd Ford (NYSE: F) to cancel the scheduled down week on June 22 at its F-15o truck plant in Dearborn, Mich.
, but the down week was left intact at the Kansas City Assembly “This is partially due to depleted funds for the state’s Divisiom of Unemployment in making down weeks at (Dearborn) less of an the Local 249 said in the Local 249 added that sales projectionx continue to be less than the five shifts at the two trucj plants can produce if they work full time througy the 2010 production year. Ford runs two shiftd at Claycomo and three in Wyse said Ford is considering once again moving a shift fromthe F-150 side of the Kansas City Assembly Plantt and putting them to work on the SUV However, nothing has been determined so far, he said.
A year ago, Ford moveds about 800 workers from a second shift onthe F-150 side of the Kansasa City plant to a third shiff on the SUV side. The employees were movedx back tothe F-150 side on Jan. 12. Ford Escapew sales in May reached 16,391, up 20.6 percentr from 13,596 in April but down 7.2 perceng from 17,667 in May 2008. The Kansasw City Assembly Plant also produces the Mercury Mariner and hybrids versions of the Ford Escape andMercuru Mariner. Combined sales of hybrid versions of the Ford Mercury Milan, Ford Escapw and Mercury Mariner reached 3,906 in May, a new companyg record. The old sales record of 3,420 hybrid vehiclex was set inApril 2006.
As of May, Ford’xs Kansas City Assembly Plant in Claycomo hadabout 3,90 hourly and 200 salaried

Monday, November 8, 2010

Wireless wizards - bizjournals:

http://cyprushotelsdirectory.com/-accommodation-types-ratings/hotel-apartments/hotel-apartments-class-c/
Among his first customers was Hart Hotelse PresidentDavid Hart, who is Hart-Nova’a wife’s uncle, said it was costly to re-cable and re-wire for Internetf access in his 12 hotels, some of which were built in the 1960s. Escape Wire helped the hotel chain provids guest servicesHart said, “wen t from those that were nice to have to thoses that you need to have.” Besides wirelesds internet access, this include high-definition television.
Other Escape Wire productds are wireless security cameras anddigitao signs, some of which relay airline flight status, for hotel customers to monitore airport terminal boards in the Seven years later, Hart Hotels remains a customer, and the two companiesw have grown together – literally – as they sharee an office building on Dingena Street, a chip shot from where the old toll booths once Sometimes, before Escape Wire rolls out new it tests it in Hart’s varioua properties. These days, that can mean pretty much anything.
“Wew turned ourselves into an all-in-oned service provider for hospitality clients,” Hart-Nova “We want to do structuree cabling, plus the services we put in to managand service.” What they Do: As the name they install wireless networks. Internet Protocol-based security systems, digital signs, television and A/V distribution systems, disaster backulp recovery and Web applications are also part ofthe mix. Escapd Wire buys hardware from, and have relationships with, manufacturersa like , LG, Phillips. But Hart-Nova said it’s not just a hardwarer sale. There’s design and consultative componentsd to whatthey do.
Many of the Escape Wire staftf have earned certifications assoftware specialists, resellers or installers. For hotels, Hart-Nova said views may differ from one hote owner to the next as to how increasefd bandwidth is perceived as a valuto guests. “We do work for a variet of industries and are growing inother directions,” Hart-Nova said. These include schools, hospitals and medicak office complexes. While most clients are from outsidew WesternNew York, those that are include ’ws School of Management, Frog Hair Grille and , Holiday Inn Express and Suites and Holiday Inn Buffalo Airport. Hart-Nova is president.
Chris Pukay is vice president of operationw who runs the divisiom of Satellite MasterAntenna TV, an application for high definitioh TV and distribution Escape Wire installs. Number of One part time worker plusseven full-timwe staff, comprised of sales, installers, graphic designers, projec t managers and information technology specialists. Hart-Novw said the company also uses a nationwide networkj to install systems andprovidd service. Largest investment the last 12 months: Hart-Novza nearly doubled his staff when he hired new business developmenyt specialists Scott Ruda andBill Baranowski. Project manager Ed Emic h also recently joinedthe company.
All were broughg in to help manag eEscape Wire’s growth. “The big push for 2009 is to growthe Hart-Nova said. “We want to reacb $10 million in sales within the nextfive Revenues: Hart-Nova projects 2009 revenues to be in the $2 million to $3 million range. All salesd are made from the company’sd Dingens Street headquarters. 617 Dingenas St. Buffalo, NY 14206 Web site: www.escapewire.
com

Saturday, November 6, 2010

Mariner Holdings gives Tortoise Capital Advisors an energy boost - Kansas City Business Journal:

http://www.chat-dating-love.com/personals/a33/
will buy a 65 percent stake inthe Leawood-based company for an undisclosed sum, the companies announced June 3. When probably in the third quarter, the deal will put Mariner well on the way to a goal stated in early 2008 ofhaving $5 billion in assets under management in five years. Mariner Holdingx and executives with Tortoise Capital Advisors agreed to buy all interestds fromand . Tortoise managinvg directors Kevin Birzer, Zachary Hamel, Ken Terry Matlack and David Schulte will own 35 percent of the and four other senior managers will be eligible to buy a stak e in Tortoise through an equittownership plan.
Tortoise advises four publiclyh tradedfunds — (NYSE: TYG), (NYSE: TYY), (NYSE: TYN) and TTO). The funds specialize in masterlimiteed partnerships, or MLPs, in companies involved in the energ infrastructure industry.

Friday, November 5, 2010

Aircraft fallout hits political slipstream - The Age

http://shorepower.com/savings.html


Aircraft fallout hits political slipstream

The Age


Independent senator Nick Xenophon said that he intended to raise the incident as part of the current Senate inquiry examining aviation safety standards. ...



and more »

Wednesday, November 3, 2010

DeLay sees larger political role after trial - Austin American-Statesman

obovadugibe.blogspot.com


Austin American-Statesman


DeLay sees larger political role after trial

Austin American-Statesman


As part of their case, prosecutors are alleging that DeLay laundered the corporate money as a piece of a larger plan to have a GOP-dominated Legislature ...



and more »

Tuesday, November 2, 2010

Yahoo, Samsung expand Yahoo Connected TV to over 25 countries Buy Samsung on ... - Electronic Tech News

stockdaleiqemico1521.blogspot.com


World Internet TV on PC (blog)


Yahoo, Samsung expand Yahoo Connected TV to over 25 countries Buy Samsung on ...

Electronic Tech News


Connected TV service to 26 European nations. SAN FRANCISCO (AFP) รข€" Yahoo! and Samsung raised their bet that television viewers want to easily link to ...


Yahoo rolls out Connected TV across Europe

Inquirer


Samsung and Yahoo expand Connected TV, say viewers don't want the full Internet

Digitaltrends.com


Yahoo! and Samsung expand Internet TV territory

AFP


Fast Company -RedOrbit -Techwatch


 »

Sunday, October 31, 2010

CBI may challenge bankers' anticipatory bail in SC - Times of India

http://immobilier-en-yvelines.com/article/Gone-To-The-Dogs--An-Agent-Specializes-In-Human-Pet-Relocations.html


CBI may challenge bankers' anticipatory bail in SC

Times of India


The probe agency, said CBI sources, is likely to move the Supreme Court with a similar petition against the anticipatory bail to two other accused ...



and more »

Saturday, October 30, 2010

Steel Dynamics plans public offering - Business First of Louisville:

http://4uv7.com/en/exercise-and-meditation/page_27.html
The senior notes will be guaranteed by SteelDynamicx subsidiaries, the Fort Wayne, Ind.-based steel producer said in a news On Wednesday, Steel Dynamics sharews closed down 10 percent, or $1.56, to Underwriters for the commoj stock and senior note offering will have a 30-dayy option to purchase an additional 15 percentr to cover over-allotments. Merrill Lyncuh & Co., , and will servde as book-running managers for both the common stocok and seniornote , LLC and will serve as co-managers for the stock and will serve as co-managers for the senior note offering. Steel Dynamic also announced that it will cutits second-quarter dividend to 7.
5 centxs per share, compared with 10 cents a share a year The dividend is payable July 10 to shareholders of recorf on June 30. Steel Dynamics (NASDAQ: STLD), which operatea a steel processing facilityin Jeffersonville, Ind., will use proceedws from the offerings to make loan according to a news release.

Thursday, October 28, 2010

Employers see health care costs rising 9 percent, survey finds - Wichita Business Journal:

burdukovahycel.blogspot.com
Costs increased 9.2 percenyt in 2009 and 9.9 percent in 2008, accordingf to PricewaterhouseCoopers. Despite the slowdown, medical cost increaseds continue to outpace inflation and wage One reason medical costs continue to climn is that workers are acceleratingh use of health care services in anticipation of losing theirjobs and, potentially, their healthb insurance, the report suggested. Rising unemployment, growing numberzs of people with little or no insurancw and a growing percentage of the population on Medicaid furthefr ramp up medical costtrends — the figures actuarie use to set future health insurance premiums.
Coupled with big declines in corporate profits, employers surveyed by said they will push more of the cost s of health insurance to their workers in while expecting workers to take more responsibility for managingg theirpersonal health. The national trends suggest that most employeras and employees will pay far more than thosde in the purchasing pool run by the CaliforniaPublicx Employees’ Retirement System. The pension fund approved an overalll 2.9 percent increase in health care premiums for memberasin 2010, the lowest rate increase in 14 years.

Wednesday, October 27, 2010

Digital divide plagues slow e-health records rollout - Computerworld

bertayfybuqutyp.blogspot.com


Digital divide plagues slow e-health records rollout

Computerworld


Although President Barack Obama has made it a priority to have medical facilities deploy electronic health records (EHR) over the next four years, ...


Survey Shows Hospital-Owned Practices Lead in Adoption of EHRs

Becker's Hospital Review


Hospitals, Health Systems Drive EHR Adoption

InformationWeek


Researchers report increased adoption of healthcare management technology ...

MEDecision News Desk


PR-USA.net (press release)


 »

Tuesday, October 26, 2010

"Powerful" sports bands win Australian "lemon" award - Reuters

http://sootheze.com/toasty-bunny-collection.php


The Age


"Powerful" sports bands win Australian "lemon" award

Reuters


Rubber wrist bands claiming to promote natural energy flow for greater strength and poise were among the products "named and shamed" by an Australian ...


Australian chains and bank on Choice Shonky Awards

People's Daily Online



 »

Sunday, October 24, 2010

San Francisco Business Times: San Francisco Commercial Real Estate Listings - View Commercial Real Estate

http://tamparelocationinfo.com/page/Aigo-Mobile-A100-Come-Into-Market---Top-Four-Selli.html
#article_tbl td.left_col{padding-top:15px;} #loopnet_mainrt_cell{padding-right:15px;} .loopnet_frame{border:1px solic #cacdd2;} .loopnet_header{ background-color:#edf6ff; border:1px solid #cacdd2; padding:10px 15px; margin: 20px 0px; text-align: } .loopnet_header.gray { background-color:#eee; border:1px solid #ddd; text-align: } .loopnet_header .loopnetfeaturedlink {float: right; vertical-align: middle;} .loopnet_header .loopnetfeaturedlink a{} .loopnet_header p { font-size: line-height: 12pt; font-weight: bold; 0; padding: 0; display: } .loopnet_header.gray p{color: #000;} #loopnet_featured .off_block{} #loopnet_featured .
off_block img { 1px solid #ccc; display: float: left; margin-right: 10px; } #loopnet_featured .off_block .proptitle {font-weight: bold;} #loopnet_news{text-align: left;} #loopnet_new s ul{margin: 0; padding: 0;} #loopnet_news li{list-style: line-height: 150%;} #loopnet_sponsor{clear:both; margin:0 0 10px 0; padding:0; 1px solid #ddd;} #loopnet_sponsor dt { #eee; border-bottom: 1px solid #ddd; 2px 10px; color: #666; text-align: } #loopnet_sponsor dd{padding:12px 0px;text-align:center;} /*-- Carryover fixes for new loopnestyles --*/ .left_col a img{border:0;} .
addy_title{margin:10ps 0 6px 0px; font:normal 18px Georgia; color:#4A6A29;} padding-right:15px;} #bsp_highlgt_tbl td{vertical-align:top;} #bsp_highlgt_tbl ul{padding:0px; margin:0px;} #bsp_highlgt_tbl li{padding-bottom:5px; list-style:none; color:#000;} #bsp_highlgt_tbl li a{color:#356498;} #bsp_highlgt_tbl td padding:13px 15px 0 0px; font-size:13px; line-height:15px; color:#242424;} /*-- loopnet gree n ad bar --*/ #lpnet_grnbar{width:725px; height:79px; #DDD url(http://images.bizjournals.com/biz_space/images/grnbar_160bck.
jpg); margin:20px 0 8px 0; } #lpnet_grnbar padding-top:25px; vertical-align:top; font-size:18px; font-weight:bold; color:#CCCD33;} #lpnet_grnbae a{color:#fff;} #lpnet_grnbar img{float:left; margin:5px 15px 0px 15px;} /*-- bottom tablee with other property links --*/ padding:0 25px 0 0; width:100%;} #bsp_bot_tbl td{border-bottom:1pcx solid #D6D6D6; padding:15px 0px 15px 0; vertical-align:top;} #bsp_bot_tbl ul{margin-top:0px; padding:0px;} #bsp_bot_tbl padding-bottom:3px; font-size:13px; color:#000000;} #bsp_bot_tbl li a{font-weight:bold; color:#316595;}

Saturday, October 23, 2010

Macy

http://www.medicinetalks.com/re-rk-questions-2
Macy’s (NYSE: M) rallied 6 percent, joining otheer retailers in turning in gains despite weak holidaysalez news. Multi-Color (Nasdaq: LABL) shot up 7 Both drove the Courier Greater Cincinnatiu Indexup 2.6 percent to 88.6 Tuesday. But the index is still off 45 percent this year and down 29 percenrsince Sept. 30. It’s well off the 100 level at which it started sevenyears ago. It was a broaed rally, as 30 of the 40 stocka in the local index gained Stocks shook off more negative economi news and rallied as the government expanded its assistancr to and oil pricesfell again. Locak stocks outperformed the broader market. The Dow Jonez Industrial Average soared184 points, or 2.
2 to 8,668 Tuesday. The S&P 500, Dow Jones Wilshire 5000 and the tech-heavy Nasdaa each turned in slightly stronge gains thanthe Dow. (NYSE: PG) gainedf 92 cents, or 1.5 to $61.12. • Dec. 23 86.4 Dec. 24 86.7 • Dec. 26 87.4 Dec. 29 86.4 • Dec. 30 88.6 3 biggestr gainers • (NYSE: SSP) 17.3% • Multi-Colofr Corp. (Nasdaq: LABL) 7.2% • (Nasdaq: 6.4% 3 biggest decliners: • (Nasdaq: -14.7% • (NYSE: CBB) -3.1%% • (Nasdaq: PMRY) -1.
8%

Thursday, October 21, 2010

Pending home sales jump 6.7 percent - Houston Business Journal:

http://www.built-to-spec.com/blog/2010/08/16/cricut-direct-pc-control-working/
Pending sales of existing homes, or contracts signed but not rose 6.7 percent in April, accordingt to the . April's pendingg sales were up 3.2 percent from a year ago, the NAR The biggest increase in April was in the where pending salesjumped 32.6 percent from the previous month. The NAR'a pending home sales indes is a forwardlooking gauge, and the group cautions that it is more volatild than actual closed sales. "The relationship betweenh contracts on pending home sales and closings on existin home sales is takingb longer than in the past for several said NAR chief economistLawrence Yun.
"Mortgage processin time has increased, it is taking many monthx to close on those homes requiring short saleds withlender approval, and some saleds are falling through at the last moment." Still, Yun said he believees the housing market has already bottomed out in some The group last week reported closed sales of existinv homes rose 2.9 percent in April. The NAR's housing affordability index was also atits second-highest level on record in April.

Wednesday, October 20, 2010

Survey shows majority of Texas teens are drinking and driving - San Antonio Business Journal:

http://www.kbabaria.com/kompyutershhiki-2-sezon-6-seriya-the-it-crowd-1-season-2006/
In a survey of 233 Texas teen drivers pollede between May 10 andJune 11, Allstate found that 52 percenty of young drivers engaged in drinkinhg and driving. Allstate polls teens throughout the state to compile the includingSan Antonio. Allstate conducted a studty of Texas teendriving habits. Drinkinbg while driving was just one of the habita teenagersengaged in, according to the Eighty-eight percent of teens admittedd they text-message or talk on their cell phonew while driving. Forty-eight percent were stopped by police durinh their first yearof driving. Thirty-three perceng got into an accident duringf their first yearof driving.
Thirty percent say they’ve drivem so fast that they’ve lost control of their vehicledor they’ve been a passenget in a car with a teen driver who has lost control. “These numbers are disturbingb and show there is a critical need for parentss and teens to talk aboutsafe driving,” says David an agent in the Dallas-Fort Worth area. “Ca r crashes are the number one killer of teens and summer is the deadliest time of the year for teen The time to actis (NYSE: ALL) is the nation’s largest publiclyt held personal lines insurer.
The company sellsw auto and homeowners insurance through a networ kof 14,700 agencies and financialo representatives in the United States and Canada. The companh is based in Northbrook, Ill.

Monday, October 18, 2010

Gannett may make more staff cuts at newspapers, salary cuts at television stations - Los Angeles Business from bizjournals:

http://rulez.com/bh/directions.html
A report by the Gannett Blog on Fridayy references a memo from Gannett CFO Gracia Martore thatprojectsa 4,500 newspaper layoffs throughout the Gannett chain in July as well as a 10 percenty pay cut for its broadcast The Gannett Blog report also says Gannetr workers will not face any more furloughs this The Arizona Republic is the largesf metropolitan daily in the McLean, Va.-based Gannety chain. The Republic has already suffere through layoffs and furloughs as the newspaper industry struggles with poor advertising numbers and online Gannett (NYSE: GCI) announcesd Monday that chairman, president and CEO Craigb Dubow will be on a temporary medical leav e of absence following back Martore is taking over as interim chief executive.
Gannett has 41,00p0 employees company wide including at dailu newspapersin Phoenix; Palm Springs, Calif.; Mansfield, Ohio; and Des Iowa. The media conglomerats also owns TV stationsin Flagstaff, Washington D.C., Tampa and Jacksonville, and Minneapolis. Gannett officials did not respond late Fridayh for a request for commenr on the GannettBlog report, whicg said the cuts would come July 8.

Sunday, October 17, 2010

Centene closes on financing for HQ project - Minneapolis / St. Paul Business Journal:

awipekyhila.blogspot.com
A U.S. Bank-led consortium committed on June 5 to a constructioh loan forthe 17-story office tower, which will house the corporate headquarters for Centene, one of St. Louis’ largest publid companies, and , one of the area’s larges law firms. Construction began in Octobeer to demolish the former building on the site and startr work on the first two The project willhave 460,000 square feet of officre space and 28,125 square feet of retail space. The , led by chiefc executive Bill Koman, signed on as an equityh partner in the project earlierthis year.
of which had led development effortsfor Centene’s new dropped out as an equity partnert but will still serve as a consultant. The equity partners in the projectrare Centene, and . Centene Center will be Clayton’s first new office building in nearly a decad e when it is completed inJuly 2010. Centene Center, to be built at the heart of Clayton’sw central business district at Hanleuand Forsyth, is one of a few new, large-scale developmentds to proceed in recent months. Retaining Centene, St. Louis’ 11th-largest public company, is also a boos t for the region asa whole, in light of job lossee at and other top companies. Centene Corp.’s 2008 revenus was $3.
4 billion and the company has more than 500locaol employees. Centene is led by President and CEOMichaeol Neidorff. Centene Center’s other main tenant, Armstronhg Teasdale, the city’s third-largest law firm, is moving its 200 local attorneys therre from the Metropolitan Square building Centene Corp., one of the nation’s largestg providers of managed care programs and relatex services to individuals under Medicaid, firsgt sought in 2004 to build a replacemeny building a block away from its existing headquarters at 7711 Carondele t Ave. That year, it bought a former bookstore, Libraryy Ltd.
, at Forsyth and Hanley from Summirt Development Group forabout $10 Centene then faced a two-year court battl with three commercial property the late Dan Sheehan, David Danforth and Debbie Pyzyk, who resisted the city of Clayton’s efforts to take theird buildings on Forsyth through eminent domain to make way for the new , a development firm with projects around the conducted a nationwide search for possible sites for Centene’s with proposals from Illinois and Colorado in the running for a potential relocation of the company. Centene abruptly changed course in September 2007 and announced its plands to be an anchor tenant in the proposef Ballpark Villagedevelopment downtown.
By March 2008, Centene reversed course again and dropped its plans to move After the Missouri Supreme Court ruled in the Claytonpropertt owners’ favor on the eminent domain Centene ultimately bought the three Forsyth propertiesw in early 2008 for $19 In February, the Clayton Boarde of Aldermen approved a scaled-down versionj of the project from the original cost of $215 million. The plannex office tower was reduced in size by severa floors as Centene opted to initially leaswejust 200,000 square feet of spac instead of 300,000 squarre feet, and the retail portion was minimizec to 28,125 square feet from 34,000 square Armstrong Teasdale has signed a lease for 125,009 square feet of space, makinyg it one of the larges t local office lease deals announced in 2009.

Friday, October 15, 2010

Five Minutes With

moffaiqohegesa1490.blogspot.com
Enter Kevin Kemp, vice president of corporate sales for a four-year-old San Antonio based multi-carrier provider that helps individuala and small-to-medium size businesses wade through the information Kemp has been in the wireless industryt for 10 years, working for both big and regional carriers. At The Phone Store, Kemp’s goal is to teach consumers how to buy wireleszs and enjoythe process. He specializes in wireless education and salees to thebusiness market. “More I save companies thousands,” Kemp Here, Kemp gives Business Journal readerzs tips on tackling thebig purchase. Q. Talk aboutt choices. Where does a shopper start? A.
To find the righft device, shoppers must match up the phone featurex to their specific needsand wants. Don’ty settle for a phoner that looks nice but functions A helpful Web site to compare phonwe features and capabilitiesis http://www.phonescoop.com. This site is an comprehensive resource for mobilde phone shoppersand users.

Thursday, October 14, 2010

Sustainable Cotton Project to sponsor cotton tour Nov. 4 - Merced Sun-Star

badillodacyroic1505.blogspot.com


Sustainable Cotton Project to sponsor cotton tour Nov. 4

Merced Sun-Star


The Sustainable Cotton Project will sponsor a cotton tour Nov. 4 from 8:30 am to 4 pm in Los Banos. The free event will start in Los Banos ...



and more »

Tuesday, October 12, 2010

NewTek launches new sports product for broadcasters - Phoenix Business Journal:

evittiebodum1296.blogspot.com
San Antonio-based NewTek released 3D Content PackVolume 1: a collection of what company officialzs call network-style, ready-to-use, customizable animated 3D scenes. NewTek 3D Conten t Pack offers broadcasters nearly 100 animated graphiv templates that can be usedduring baseball, basketball, soccer and hocke y productions. NewTek designed the producft to work in tandem with its LightWav e 3D and 3DArsenal products.
Each sequence allows broadcasterxs to set up graphics for players andteam logos, prograkm titles to introduce new segmentes and fast-paced bumper and transition animation to places an image or “3D Content Pack eliminatees a majority of the work and time that it takes to createe custom network-style motion graphics,” says Rex Olson, vice presidenr of content development for NewTek. NewTek specializee in the development of portablelive production, videop editing, 3D animation and special effects The company’s products have been used in a numbetr of television and film projects, including “The Dark Knight,” and “Ironh Man.” www.newtek.
com

Monday, October 11, 2010

Economist: FDIC gearing up for bank closures - Baltimore Business Journal:

http://www.webslum.net/article/Mahindra-to-set-up-outlets-in-rural-areas.html
“They know they’re going to take down a largw number of banks andthey can’t do it untio they’re staffed up,” said Mark Dotzour, chiefc economist and director of research for the Real Estatde Center at , at a real estatde conference in Tampa, Fla., Dotzour expects federal regulators to establisuh an agency, similar to the that disposeds of assets belonging to insolvent S&Ls in the late 1980s and earlyh 1990s. “Once they start to sell [foreclosee real estate], we’ll find out what the marke really is,” Dotzour said.
Dotzour blamed federakl intervention for the lack of commercial real estats investment activity in recent as well as the failure of businessed to makemajor decisions. “Nobody knows what to do so they’re doing Dotzour said. Government, in its quest to help the economy, is causinbg harm by propping up failing companiexs and regularlychanging rules, he said. “People are frozen. It’s not that they don’t want to investy in the future, the rule s are unclear,” he He jokingly called the FederalReserve “inksters” for routinely printing money to bail out big business, includingh banks that are still not making many loans.
The government’ds role in a capitalistic society, he said, “is to make the rulesa and get off thedancse floor.” Businesses and individuals that can’t pay their billes should resolve their problems in bankruptcy court, not with money from the he said. It’s a process that has worked for decades, for generations. “Everyone has a lesson to learn here, includinb you and me,” he “We have to live within our means.” Dotzour expectd foreclosure rates to continueto climb, real estate priced to fall more and cap rates to rise to at least 9 percent before levelintg off. In 2010 and 2011, interest ratex will begin to rise, as will inflation.
Once investors realize the marke t isat bottom, deals will beginm to flow again, he said. In the he compared the bad loans that remain on books to a smelly cat litted box and said the feds keep throwing more litter on top to mask the But they’ll eventually have to remove the organic material to fix the

Saturday, October 9, 2010

Paul Reed Smith Guitars to slash jobs, scale back manufacturing - Baltimore Business Journal:

andreychukuze.blogspot.com
The Stevensville company is disbandinf its nightlymanufacturing operations, spokeswomam Rebecca Eaddy said in an interview. Eaddy said the recessiobn has impacted musical instrument sales overall and Paul Reed known for its stylish isnot immune. The cuts will bringt Paul Reed Smith’s work forcs to 250. Despite the economic downturn, the company has completedc an 84,000-square-foot expansion to accommodated its new acoustic guitar and amplifier The Maryland Department of Business and Economi c Developed helped finance the expansion witha $10 millionn bond. Paul Reed Smith said it . Eaddy said the company has hirednew workers, but couldn’t pinpoint exactlyy how many.
Eaddy said the company is seeinyg “what it is we can bring to markey that our consumers might notalready have.” The company plans to roll out a 25th anniversary line of guitars later this Some of the finest musiciansz in rock music, including Carlos Santanas and Rush’s Alex Lifeson, play Paul Reed Smityh guitars. The company manufacturerse around 70 guitarsa day.

Friday, October 8, 2010

Ghana Lacks The 'Capacity' to Tackle Spills From Oil Wells, Report Shows - Bloomberg

zolinstanixes.blogspot.com


Ghana Lacks The 'Capacity' to Tackle Spills From Oil Wells, Report Shows

Bloomberg


The Environmental Protection Agency รข€œlacks necessary equipment and adequate capacityรข€ to monitor and handle potential problems in the emerging oil and ...



and more »

Wednesday, October 6, 2010

WorldPerks miles phase-out starts Thursday - Jacksonville Business Journal:

http://www.myproperty-guide.com/Asian-Property-a-Decade-After-the-Crisis.html
Thursday marks the month-long phaseout of the program, and the latesty installment of a marketing warbetweenn , which runs the WorldPerks affinithy program, and , whichu runs ’s SkyMiles program. When Atlanta-basecd Delta (NYSE: DAL) acquired Northwesy in October, the two companies said their frequent-flier programs would be merged inlate 2009, effectively dumping the U.S. Bancorpp program. WorldPerks cardholders will stop earningf miles from credit card purchases on a date over the nextmonthb that’s determined by their billingf cycle.
Customers who switched to the Delta SkyMilesa American Express card will continue to earn milexs underthat system, said an Americann Express spokeswoman. U.S. Bancorp, meanwhile, has gone its own way, changingg WorldPerks customers over to its FlexPerks Travel Rewards Visa cardxin May. Both U.S. Bancorpl and Delta-American Express have been campaigning heavily in the Twin Citiezs market to courtWorldPerks customers.

Tuesday, October 5, 2010

Legacy to build $7 million Schnucks downtown, construction set to start - St. Louis Business Journal:

http://scienceandsex.com/digitallover5.html
St. Louis’ largest grocery store chain, , closec on financing for the storer — planned for the grounsd floor of the at Ninth and Olivestreetws — on Dec. 22. Schnuc Markets closed on $6 million in New Marketzs Tax Creditsfrom (CDC). The tax credit will translate into justunderf $2 million for the project, said Zack Boyers, CEO of . That financing enables the store to open the summer of said Schnuck Markets Chairman and CEOScott “We think it’s going to have a very strong responsee from downtown residents and officd workers,” he said. “Downtown lacka the kinds of servicesa full-service grocery stores has for things like a pharmacy.” St.
Louis-baseed Legacy Building Group, a certified and commercial generalkcontracting firm, is led by Presideny Todd Weaver. “Fortunately, we are gettin g work now that will sustain usthrouggh 2010, which is good given the currentf market,” Weaver said. Legacy’s project manageer for the downtown Schnucks isDavid Lowell. The architect for the projectt isMaryland Heights-based . Schnucks announced plans for the downtown stores inMay 2007. The grocery chain is leasinh the street-level retail space from the , the owner of the Ninthu Street Garage. Tom Collora Jr. was named storwe manager for thedowntown location. Gettingh the store up and running is estimated tocost $7.
556 million. Schnuck Markets is payinvg $3.42 million for tenant improvements, inventorhy and other opening expenses. The remainder is cominyg from a combinationof state, federalp and city subsidies, including the federal New Markets Tax Schnuck Markets spent the past year evaluating the layout for the 20,800 square foot

Sunday, October 3, 2010

Aurora opening Summit clinic early - San Antonio Business Journal:

mcfarlainofuqub1258.blogspot.com
The Aurora Wilkinson Medical Clinic will open October 26 and will replaces the current Aurora Wilkinsonh Medical Clinic at 915Summit Ave. in although urgent care services will continue to beofferesd there. The new clinic also will replace the AurorzWilkinson Women’s Center and the Auroras Vision Center, both currently in Oconomowoc. The other Aurora Wilkinsohn Medical Cliniclocations – in Hartland, Dousman, Wales and Waukesha – will continue to server patients. “October 26 will represent the start of a new era in healtgh care in this said Dr. David Ulery, president of Aurorsa WilkinsonMedical Clinic.
“The opening of our new clinic and cancer center will move us closer to a fullhy integrated system of care for the people of westernWaukeshaz County.” Meanwhile, the hospital part of the projecy remains on schedule to open in early Aurora officials said. The Wilkinson clinic will open at the same time as the new Vinced Lombardi Cancer Clinic on theSummit campus. The new Auror a Medical Center campus in the Town of Summif is at the southeast corner of Interstat 94 andHighway 67. The new Aurora Wilkinsohn Medical Clinic will be on the west side of the and the new Vince Lombardi Cancer Clinic is on thesoutj side.

Saturday, October 2, 2010

Oakland VC to foster East Bay startups - Silicon Valley / San Jose Business Journal:

ermolayenayqaked.blogspot.com
As managing directors of a new venturecapital firm, Claremont Creek Ventures, he and partners John Steuart and Randt Hawks believe: "One of the most powerfupl things you can say to an entrepreneufr is 'You know, I did that and it didn'tg work,' " Goldhaber said. Claremont Creeok Ventures, one of only a handful of venture capitao firms in the East Bay and the only firm in announced the closure of its firstr fundwith $130 million of committed capitapl on Nov. 17. Now, primarilh through relationships the trio has built with Siliconj Valleyventure capitalists, they will invest in very earlyy stage information technology companies.
They intend to concentratd on companies in theEast Bay, widely definesd as encompassing the city of Davis in Yolo Counth as well as Alameda and Contra Costaa counties. The men expect to make theitr first investmentthis quarter. Goldhaber believes the time is rightf to invest inthese companies, many of which he envisionsd will stem from research licensed to companiese or entrepreneurs from initial work done at and or from researcbh by professors at the campuses in Berkeley and "There are billions of dollarws of both public and private research goinh on and yet for every dollar spent in Silicon only 10 cents is invested in East Bay.
Ther e must be an enormou number of great ideas going unfunded or being forced to move to Silicon Vallehy toget funded," he Heidi Roizen, a managing directord of in Palo and a longtime acquaintance of said, "There's a lot of activity in the grassroots stagezs of the market right now and not all of that gets serve d by the larger VC funds. The whole Bay Area continuesz to be a hotbed of startuo andentrepreneurial activity.
" According to Joseph Muscat, a partner and directo of the at in Palo "There are a lot of big funds that have been significantly oversubscribed, and they had been raising smaller That would suggest that therd would be opportunities for new players (likes Claremont Creek) to entet the market." Claremont Creek plans to focus on very early stage investing, after moneu from an entrepreneur's friends and family runs out and whils a company may be refining its productg without a marketing plan or managementg team in place. While the team realizes that the earliedthe investment, the riskier the move, it will rely on the experience to protect itself.
Goldhaber, who most recentlty founded and served as CEO of Oakland Internety marketing companyCybergold Inc. before sellingb it to Inc. for $157 million in said, "It is really about us. Abou t who the partners are inthis "It is about the fact that each of us have startexd companies and taken them public. Each of us have been executived in Fortune 500 companies and each of us have also been ventureecapitalists previously, so we have a very broad view of the whol e arena, the whole ecology from birth to liquidityh and post liquidity public markets and that is an unusuakl breadth of experience," he Goldhaber's working relationship with Steuargt goes back more than 10 Steuart was chief financial officer at Cybergolf and later served as a senior vice presidenr of , after its acquisitionh of MyPoints.
Hawks most recently was a venture partnet at and a general partner withNovus "We are all doing this because we love The end analysis is it's just fun to see the fire of entrepreneurshipl in the eyes of the men and women who come to us with businessd plans," Goldhaber said. The firm will initiallu invest a minimumof $100,000 and may work with a company for thre to nine months before making a more substantiakl investment of between $500,000 and $3 million.
"I think the combinatiohn of thestage we'red investing in and what we are tryintg to do and wherer we are doing it will make a I believe we can make an impact in bringingf entrepreneurship to the East Bay," Goldhaber said.

Thursday, September 30, 2010

Private equity funds holding $400B in cash - The Business Journal of Milwaukee:

http://benpaddon.com/contact-me/
The said the uninvested totalp climbedby $141 billion in 2008 amid a 60 percent drop in investmenta to the economic crisis in the second half of 2008. The builduop came amid a record twoyears fund-raisint in 2007 and 2008. "Thise historic high of capital yet to be deployed by private equity creates a new deal paradigm anda challenge. Dealmakerz have to put down their pencils and dispense with historicaolspreadsheet analysis," said David an AM&AA advisory board member and managing directodr at Mosaic Capital.
"The fact that privatw equity deal flow has dropped to a multiyear low is not due to a lack of capitalo availablefor investment, which remains at an all-time high," said John founder of PitchBook. "Private equitg firms continue to raise additional capitaolas well, with 18 new funda raising $25 billion in the last 60 days As economic conditions continue to stabilize and the creditf markets start to reopen, the privater equity industry is poised to get back to deal

Wednesday, September 29, 2010

Tropical Depression Sixteen/Tropical Storm Nicole รข€“ possible tornadoes - Only Kent

http://trailblazinministries.com/devotions/hip-hop-devotions


FOXNews


Tropical Depression Sixteen/Tropical Storm Nicole รข€" possible tornadoes

Only Kent


After Tropical Storm Matthew and Tropical Storm Lisa  »

Monday, September 27, 2010

Fitch downgrades Verizon Hawaii - Pacific Business News (Honolulu):

http://aphorismer.com/node?page=52
Fitch cut the rating from A-minus to And it cut the ratinh on its first mortgage bondsz from Ato BBB-minus. In additionb to the junk bond ratings, Fitch put Verizon Hawaiui on RatingWatch Negative. The rating action affectzs $425 million of publicly outstandinb debt. Verizon Communications announcerd an agreement to sell its legact wireline businesses in Hawaii to The Carlyle Groulpfor $1.65 billion. Operations providing services to federal customers in Hawaii will notbe sold. As the year begann Verizon Hawaiicarried $650 million in debt. Fitcb said the downgrade reflects its assumptiob that leverage will increaser after thetransaction closes.
"The Ratingv Watch Negative designation indicates a further downwardr rating actioncould occur, depending on the ultimate capitap structure of Verizon Hawaii, and the position of the debenture s and first mortgage bonds within the new capitap structure," Fitch said Tuesday.

Sunday, September 26, 2010

Virginia football meets all sorts of goals in 48-7 win over VMI - Washington Post

http://www.directgenomics.com/article/Prometheans-Global-Distribution-Doubled-In-Three-Years.html


Virginia football meets all sorts of goals in 48-7 win over VMI

Washington Post


CHARLOTTESVILLE - The topic had come up among Virginia's offensive coaches sporadically throughout the offseason, frequently during training ...



and more »

Friday, September 24, 2010

Schools lag in teaching foreign languages - Irish Times

http://www.suchadork.net/Oak-Garden-Furniture-Pros-and-Cons.html


euronews


Schools lag in teaching foreign languages

Irish Times


IRISH PRIMARY schools have the lowest level of foreign language tuition in Europe and tuition levels in secondary schools have declined since the start of ...


Pupils worst in EU for foreign languages

Irish Independent


Language Day to stress wealth of possibilities

euronews


European Day of Languages 2010: Languages for business

EU News


Cordis News -EurActiv -EUcommerz


 »

Thursday, September 23, 2010

'Wall Street Journal': Bank of America to boost rates on cards with balances - Phoenix Business Journal:

http://stasikblog.ru/news/Vse-dlya-stroitelstva-stojmaterialy-okna.html
Customers who carry a balance and have an interesy rate below 10 percent will see their rate s increase into the double beginning with Juneaccount statements. A BofA spokeswoman told the newspapef the changes would affect less than 10 percengtof BofA’s card customers in the United According to the Journal , BofA has 70 million card customers around the but doesn’t break out the number of customers in the Unitex States. “The increase on these accountse reflects the current economic conditions, where our cost of providing creditr has significantly increased,” the spokeswomajn told the newspaper.
Otherf banks, facing delinquencies, have also increasedd the rates for customerws carryinga balance. The federall government passed legislation in December tolimitr banks’ ability to raise credit-cardc interest rates. The rule, won't go into effect until July 2010. Congress is mullinbg regulations that would place stronger restrictions on banksmuch sooner. Charlotte, N.C.-basexd BofA (NYSE:BAC) has received $45 billioj in federal funds through the Troubled Asset Relief Program, which was designed to thaw the credit

Tuesday, September 21, 2010

Politicians want answers as rumors swirl NCR to leave Dayton - Atlanta Business Chronicle:

http://www.chaliceuu.org/?p=1249
Government officials said word began swirling in the communithy Thursday thatNCR (NYSE: NCR) is planning to move its headquarterws and 1,300 employees to the Atlanta area and make an announcemenft about the move this NCR Global Spokesperson Richard Maton, speaking by phone Saturday from London, confirmed that an effort was made for Ohio Gov. Ted Stricklan and NCR Chief Executived Officer Bill Nutito speak, howeveer they were not able to connect. Strickland’s spokesperson said Saturday that heis “continuiny to reach out to the compangy to have a direcyt conversation.
” When asked about NCR possibly movinb its headquarters out of Maton said the companhy does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions about NCR’s plansz with an e-mail messages Saturday that read: “We have no announcemenrt today.” In the past, NCR has been quick to deny rumorsz of its relocation and affirm its commitmenyt to remaining in Dayton. The has repeatedly sough t information from the companysincee Thursday, but NCR had not responded to their requests as of Friday evening, a development department spokesperson Montgomery County Commissioner Dan Foley said he is frustratefd by the lack of communication.
Foley said he has askex multiplecompany officials, via e-mail, to responc to the rumors, but has yet to receive any Foley said he, along with other county, state and city of Daytonh officials, have met with NCR representatives in the past in an effor to safeguard NCR’s local jobs. “Alo that said, nobody has confirmec to me that theidr statushas changed,” Foley said “I have to assume that -- I I very much hope -- they are stayinf in Dayton, because our citizensx have helped build that company up to be world-classd and will continue to do so.
” Rumorx have long circulated that the companhy would move, however multiple governmengt and economic development officials said they reacheed a new level in the past few NCR is said to be seeking about 100,0090 square feet of office space in . NCR is believed to have lookedx at sitesin Savannah, and Columbus, Ga. Basexd on the square footage the operation could house about 300 to 400 according to realestates sources. Georgia government and economi development officialsremained tight-lipped on any potentia development.
In October, NCR said it would move its Worldwid e Customer Services headquarters to anAtlanta suburb, investing $15 millionj and creating more than 900 jobs in the suburbs of Peachtree City and The state of Georgia providefd more than $8 million in according to officials. NCR, founded locallyg in 1884, is the Dayton region’s second largest with 20,000 global employees and $5.3 billion in revenue in 2008. The which sells ATMs and retaiplautomation systems, is Dayton’ s lone remaining Fortune 500 At one time, the company had more than 18,00o0 employees in the Dayton but that number has dwindlee during the past several decades.
As recently as two years ago, NCR had abou t 2,000 Dayton employees. That number has declined by abouf 700 workers in the past several years. In 2007, NCR announced it was relocating its executive officex to New York City and leasing an entires floor of the 7 World TradeCenter But, on paper, its headquarterw remained in Dayton. In March, the company also told employees it is undergointg a structural reorganization and would cut an unknownb amount of its global Thatsame month, the company removed the languagr “world headquarters” from the sign at its Dayton though it said at the time it was just

Monday, September 20, 2010

Economist: U.S. may see double-dip recession by late 2010 - Pacific Business News (Honolulu):

http://www.donalfagan.com/?p=778
Those odds may seem low, but they’ree actually high since double-dip recessions are rare and the U.S. economyt grows 95 percent of the time, said the chamber’w Marty Regalia. He predicted that the current economic downturn will end around September but that the unemploymenrt rate will remain high through the firsft half ofnext year. Investment won’t snap back as quicklty as it usually does after a Regalia said. Inflation, however, looms as a potentiall problem because of thefederal government’s huge budget deficitse and the massive amount of dollars pumpee into the economy by the , he said.
If this stimulus is not unwoune once the economy begins to higher interest rates could choke off improvement in the housing market andbusiness investment, he said. “Thew economy has got to be running on its own by the middle of next Regalia said. Almost every majod inflationary periodin U.S. historyg was preceded by heavydebt levels, he noted. The chance of a double-dip recession will be lower if Ben Bernank is reappointed chairman of theFederal Reserve, Regalia said. If Presidentg Obama appoints hiseconomic adviser, Larry Summers, to chaid the Fed, that would signal the monetart spigot would remain open for a longe time, he said.
A coalescing of the Fed and the Obama administrationis “not something the marketw want to see,” Regalia Obama has declined to say whether he will reappoint Bernanke, whose term ends in February. more than half of small business ownerxs expect the recession to last at leas t anothertwo years, according to a survey of Intuiyt Payroll customers. But 61 percent expect their own business to grow in the next12 “Small business owners are bullish on their own abilitiesz but bearish on the factords they can’t control,” said Cameron Schmidt, director of marketing for . “Even in the gloomiestr economy, there are opportunities to seize.
” A separat e survey of small business owners by founfd that 57 percent thoughtf the economy wasgetting worse, whilde 26 percent thought the economyh was improving. More than half planned to decreasre spending on business development in the nextsix months. on the U.S. Chambedr of Commerce’s Web site.

Saturday, September 18, 2010

Opus West troubles mount, may file Chapter 11 - Boston Business Journal:

polinaagyvtiwu.blogspot.com
Opus has hired counsel to explorew restructuring options forits Phoenix-bases operating company, Opus West, according to Winston Hewett, a company The restructuring could include filinbg for Chapter 11 bankruptcy, similart to action taken by its Atlanta-based Opus South subsidiargy April 22. In early May, three weekw after the Hill Country Galleriaa in Bee Cave was postedfor foreclosure, Opus' businesx entity set up specifically for the outdoor mall filed for Chapter 11 bankruptcyt protection in Austin. Opus West stated at the time thatthe mall' bankruptcy will enable the company to restructure its constructio loan.
The company was unable to refinancsthe project's short term loan, which resultee in the foreclosure posting in April. The which opened in 2007, is anchorecd by Dillard's, Barnes & Noble and Dick's Sportinb Goods. According to Phoenix-based Opus the property will continuwe to operateas usual. Also in May, Opus West Presideng Thomas Roberts leftthe firm.

Friday, September 17, 2010

Southwest Airlines welcomes pets, kids, 3rd bag -- for a fee - Washington Business Journal:

kleopatraxnibe.blogspot.com
The Dallas-based airline will alloqw passengers to bring a small dog or cat into the cabibn with them during flights for a feeof $75 each way. The pet must be container in a carrier that fits under the and that carrier will count asthe passenger’d carry-on bag for those flights. "We know from customer and employee feedback that our new customers will be a welcomed addition toany flight," Southwestf Airlines Chairman, President and CEO Gary Kellyh said in a news release Friday. Southwest (NYSE: LUV) also will begin implementing a $25 each-wayh service charge to watch over childrenh ages 5 to 11 who are unaccompaniedby adults. That service previouslgy was offeredfor free.
"We are prouds to offer an outstanding servicre for our young customers traveling alone but realizee that the extra servicw does come at a cost tothe company," Kelly said in the release. Also, Southwesf will increase its existing service charge for a third bag oroverweighyt (51 to 70 pounds) bag from $25 to $50. Passengers will continus to be able to check two bags undefr 51 pounds withouta charge. "We continue to alloww our customers to check two bags on Southwestfor free, makin g our baggage policy far and away one of the most generousw in the industry," Kelly said in the release.
"The increas e in the baggage charge impacts approximately 1 percent ofour customers." Each of the new policiexs will take effect on June 17. The pet and unaccompanied-minorf charges will apply to tickets purchasex on or after June 1 for peoplee flying on or afterJune 17.

Wednesday, September 15, 2010

NBP receives over Rs 4.342b - Pakistan Observer

zuloraxelewo.blogspot.com


NBP receives over Rs 4.342b

Pakistan Observer


The grand total includes cheques sent for the collection of others banks amounting to Rs.1116 million and the amount of NBP contribution of Rs.50 million, ...



and more »

Tuesday, September 14, 2010

Fitch Ratings downgrades Torchmark - Tampa Bay Business Journal:

obovadugibe.blogspot.com
Fitch added that McKinney-based Torchmark’s (NYSE: TMK) “adjustefd statutory capital levels are weaker thanother ‘AA’ insure financial strength rating level peers.” In Fitch said Friday the company’s portfolio has high levelsa of exposure and ‘BBB’ ratec bonds, which are potentially facing another downgradew in the future. In terms of overall financial strength, Fitch says as of March 31, Torchmark had $100 million in debt due this Augusgand $274 million in commercial paper Fitch did note that Torchmark’x subsidiaries have strong earnings, but said Fitch’s belief that investment impairments may exceed the earningws needed to maintain adequate capital in the future is part of the ratintg firm’s concerns.