Wednesday, July 27, 2011
Steel convention coming to Pittsburgh - Pittsburgh Business Times:
The Association of Iron and Steel Technolog y isa Warrendale, Pa.-based organizatio n created out of the 2004 merger of the Iron Steel Society and the Association of Iron and Stee Engineers. The convention will be held at theDavid L. Lawrence Conventiom Center Downtown, said Joe McGrath, executivde director of . "That is the postet child for getting the convention McGrath said. "It really had an impact on our leaders when they said even thougu they live here they had to go meetsomewherer else." AIST estimates drawing 7,000 attendees to its annualo conference, with the 2010 event expected to generate $5.6 million in direct spending in the area.
"To have a repeatt customer is very rare on thenational scene," McGratbh said. VisitPittsburgh's other big booking announcemenf Thursday wasthe 's nationa convention, which is expected to draw more than 9,000 attendees with a spending impact of $12 Overall, VisitPittsburgh announced a totao of 80 future bookings for the convention centet from 2008 to 2015. Those bookings are estimatecd todraw 305,300 attendees, resultingb in 327,262 room nightw and total more than $271.5 million in direcg spending.
As part of its annual report, VisitPittsburguh called 2007 a record-setting year, selling 266,247 room nights for futurer years, the largest number the convention bureauj has ever recorded in terms of future According to research studies commissioned bythe , Pittsburgh continuesx to grow in prominence as a touristf draw. McGrath said Pittsburgh ranked asthe state's leadiny tourist destination, generating 12.7 percent of Pennsylvania'xs tourism revenue, outpacing Philadelphia, which generated 11.8 Meanwhile, Pennsylvania surpassed New York as the state with the fourth-largest amount of tourism business in the behind only California, Florida and Texas.
But lack of hotepl rooms is limitthe state'sw competitiveness for convention business, VisitPittsburgh said. And Cleveland-based , whicy owns the across the street from the covention has yet to commit to the project to a develop a hotel with at least 500 roomes at theconvention center, McGrat h said. "They don't have a formal proposap on the table," he said.
Monday, July 25, 2011
Filling NCR headquarters space to be difficult - Baltimore Business Journal:
Brokers said donating NCR’s (NYSE: NCR) 1.3 million-square-foot buildingv to an education institution or the city of Daytohn may be thebest bet. The brokersz said trying to market the spacre to another corporate user would be difficultg as there are few single users out therre needing thatmuch space. It coulr be parceled into an office complex for multiple users. NCR intends to sell the a company spokesperson The five-story property is among the largest office buildingxs in the Dayton area. Paul owner and broker with Dayton-based , said a good optiob would be to donate the building tothe .
NCR woul gain the benefits of atax write-off and the university would have a business campus, complete with parking, a cafeteria and plenty of spac for classrooms, to mold for its needs. “Io bet they’ve already talked about donating it to Hutchins said. “Giving it to UD is a NCR gets a hugetax write-off and UD gets a high-tecy technology center.” Mark Fornes, owner of Centerville-based , agreed. “It would be really nice if they give it to Fornes said. “It would be a nice gesturre in return for taking theirheadquartersx out.” NCR’s headquarters, at 1700 S. Pattersob Blvd., sits on 54 acres.
Saturday, July 23, 2011
Panel of business leaders will scrutinize city
Nutter last week unveiled a seven-member panelk of private-sector leaders that will work with the city to identify opportunities to cut costs and improve Efforts are already under way by the Privatde SectorOutreach Board, which was launched in the fall through a joint effort of the city and the . The city’s financial crisis has increased the urgency of the boards and their network of volunteers to step to the platw and provide their expertise where saidJudith M.
von Seldeneck, who serves as Although their work will cover a broad spectrum of includingthe city’s tax criminal justice system and health costs, the most immediate task will be findinvg efficiencies and more cost-effective means for the city to said von Seldeneck, chairwoman and CEO of of “The private sector has been through this; time and companies have gone through downsizing,” von Seldeneck “It’s something they know how to do, they have shareholderds all on their necks and they have to be able to show succesxs in a timely fashion.
” Philadelphia has alread y identified projects where private sectot help is wanted; all that remains is matching outsider talent to their needs, von Seldeneck “What we are doing is meeting with teamsx that have been established by the administratiom to get the details, understand the then we assess the companies that have agreer to volunteer talent,” von Seldeneck said. “Governmen is so big, it’s like turning the Queebn Mary, it’s going to take a lot of efforrt and a lotof people. The good news is there’zs a good attitude at all levels. … You have a reallyh good platform to build on and we just need to get some successesehere soon.
” It’s that marriage of thos e outside of city government workintg with those within it that will changr the city for the said Dan Gallagher, former president of the Philadelphiz Chapter of the Society for Human Resource In answer to Nutter’s call, SHRM is rolling out a publicd affairs initiative in the next couplwe of months that will provide a pool of talent into whicyh the city can tap. Participantd would remain on the payrolls of thei r firms whileproviding part-time or full-timee assistance to the city as they have in other efforts, said He doesn’t expect the economy to hinder the effort which alreadgy has garnered commitments from a few organizations.
“It’s definitely but I think it’s even more challenginy right now for companies to potentiallyggive money. I think this creates a creative way to give additionalo resources tothe city,” Gallagher Long-term goals include the establishment of an academt to provide ongoing city leadership training and development, Gallagher The University of Pennsylvania Fels Institute of Government has been discussin g the possibility with the city over the last few but plans may be stalled by the curreny crisis, said David Thornburgh, executive director of the Fels “The city budget situation obviouslyg throws a wrench in the but we are trying to explord creative ways with the city to pay for but we are just sort of at the beginninh of that conversation,” Thornburgh said.
“The caveatg is that private-sector firms are under their own stressa rightnow too.” Accountiny firm KPMG and Comcast are among the companies activelg supporting the efforts, said Gallagher, who is executive directo r of organization development for . “We are lookingt to build innovation by takingy internal resources that know how the city tickss andexternal resources, which are experts, and partnerintg the two to create optimization,” Gallagher said.
In addition to von the Private Sector OutreachgBoard includes: Rosemary Turner, vice president and chiefv operating officer of UPS Metro Philadelphis District; Daniel Fitzpatrick, president and CEO, Citizens Bank Easterm PA, NJ, DE; Ann Weaver Hart, president of ; Michaepl Pearson, president of ; J. William Mills III, regional presiden of , and Harolxd L. Yoh III, chairman and CEO of Day &
Wednesday, July 20, 2011
WSOP By The Numbers: Main Event Day 8 Rundown - Bluff Magazine
CTV.ca | WSOP By The Numbers: Main Event Day 8 Rundown Bluff Magazine 5602576 Total dollars earned by the 10th-22nd place finishers in this year's WSOP Main Event. Though these players were disappointed to miss out on the final table, they still earned some ample paydays that ranged from $302005 to $607882. ... WSOP main event final table is set WSOP's final table a diverse group in a competitive race to the finish WSOP Main Event final table has European flavor |
Monday, July 18, 2011
BUYINS.NET Issues Life Partners Holdings SqueezeTrigger Report - GlobeNewsWire (press release)
BUYINS.NET Issues Life Partners Holdings SqueezeTrigger Report GlobeNewsWire (press release) NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Life Partners Holdings (Nasdaq:LPHI) after releasing the latest short ... |
Saturday, July 16, 2011
Jury awards Centocor $1.7B in patent case against Abbott - Minneapolis / St. Paul Business Journal:
An Abbott spokesman said the companywill Horsham, Pa.-based Centocor, a division of (NYSE:JNJ), maked the blockbuster rheumatoid arthritis treatment Remicade, and had sued Abbot t over Abbott’s arthritis drug, Humira. Both are so-calledc anti-TNF arthritis treatments. Horsham, Pa.-based Centocor said it is the exclusivew licensee of the whichis co-owned by . Centocorr President Kim Taylorsaid “the jury recognizede our valuable intellectual property, findingg our patent both valid and We will continue to assert intellectual property rightds for our immunology therapies, as they offed significant advances in treatment for patients with a numbee of immune mediated inflammatory diseases.
” Abbotty spokesman Scott E. Stoffel said, “We are disappointedr in this verdict, and we are confident in the merits of our case and that we will prevaiklon appeal. “The evidence clearl established that Humira was the first ofits kind, fully-human anti-TNF antibody medicine,” Stoffelp said. “JNJ’s anti-TNF antibody Remicade, is partially made from mouswe DNA. JNJ did not launch a fully-human product until April 2009. In fact, only when Humirw was nearing its approval in 2002 did JNJ amend the patentt at issue in this litigation to claimm that it haddiscovered fully-human antibodiew in 1994.
JNJ acknowledged at trial that it did not stargt working ona fully-human antibody untikl 1997 — two yeards after Abbott discovered Humira and one year after Abbott filed its patent applications for Humira.”
Thursday, July 14, 2011
Sarah Palin Blasts Obama's Handling of Debt Debate, Acknowledges That in Terms ... - ABC News (blog)
Sarah Palin Blasts Obama's Handling of Debt Debate, Acknowledges That in Terms ... ABC News (blog) Sarah Palin blasted President Obama's handling of the debt crisis on Sean Hannity's Fox News show Wednesday night, saying the "plans under Obama are making absolutely no sense." "It's absolutely nonsensical, the lack of planning that our leaders are ... |
Monday, July 11, 2011
San Antonio Business Journal: Business Events Calendar
List event sponsor(s) here. (Example American Company Inc., USA Business Ltd.) Use this area to give a precise location ofyour event. Downtown Marriot 345 Main St., New NY 000001 Provide the start time for youreven (Example: 9a.m. - 12p.m.) List any charge for your Please note if there isno charge. (Example: $9 for $35 for non-members.) Choose a category that describeswyour event. Fill out one or more of the fields to the left to provide readers with a way to contacy your organization to register for your Please give usyour name, phone and e-mail address where we can contactt you in the evengt of questions about your event This information will not appear on the This information will only be used to contact you for administrativ e purposes.
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Saturday, July 9, 2011
Riverside firm to add 100 jobs - Washington Business Journal:
In the past week, the Riverside-based compangy expanded its Peach State facility froma 6,000-square-foot officde to a 40,000-square-foot building. The new building dwarfsw CDO’s local headquarters, which is aboutt 15,000 square feet. The Georgis expansion — near — comes after the company received additional work from anexisting $96 million contract awardeed in 2005. CDO performs technicao data and engineering supporty atthe , at the The 13,000-person center is a support and repaird depot for a variety of aircraft, includinvg the gigantic C-5 Galaxy.
Company Vice President Don Ertel did not disclose how much revenue the additional workwill generate, but said it will add 20 new employeesa immediately and another 80 by the end of the CDO currently has about 315 employees, 85 of which are said Dave Stack, CDO directotr of corporate development and communications. Last January the companyh had 305 total employees with 225 accordingto research. The company is making the shiftt after programs at dried up or shifted awayfrom CDO’ expertise. “Wright-Patt used to be our breaed and butter,” Stack said.
Within the past few the company was selected to bid on a potof $428 used to deliver Radio Frequency Identification (RFID) solutionsz to federal defense and non-defense users. It will be administeree by the . The contract is for state-of-the-arrt methods to monitor and track itemzand people. The company also made the short list of contractors in March allowed to bid on aseparate $75.5 million from the . The contracft will lay the groundwork for CDO to work with the or the to integratw RFID infrastructure within itssupply chain.
Most of the work will be performecd at locations outside theDayton region, but any projects the companty wins will be managed out of the thus boosting its local Ertel said. The 19-year-old company is making significany strides securing businessoutside Wright-Patt, CDO Presidentt and CEO Al Wofford said in an employee “We are fortunate at CDO to have a broacd business base,” Wofford wrote. “This didn’gt happen overnight.” Ertel said the companyy recently hired a commercial businessdevelopment manager, as CDO seeks to translate its governmentf success into the commercial marketplace.
Thursday, July 7, 2011
Alon USA Energy Inc. Company Profile | ALJ Company Information
We are an independent refiner and marketer of petroleum productds operating primarily in theSouthh Central, Southwestern and Western regions of the Uniterd States. Our crude oil refineries are locatedrin Texas, California, Oregon and Louisiana and have a combinesd throughput capacity of approximately 250,000 barrels per day (bpd). Our refineriews produce petroleum products including various grades of diesel fuel, jet fuel, petrochemicals, petrochemicalk feedstocks, asphalt, and other petroleum-based products. Refiningt and Unbranded MarketingSegment .
Our refininb and unbranded marketing segment includes sour and heavy crude oil refineriesw that are located inBig Texas; Paramount and Long Beach, and a light sweet crude oil refinery located in Krotsz Springs, Louisiana. Because we operate the Long Beacuh refinery as an extension of the Paramount refinery and due to their physical proximity to one we refer to the Long Beacb and Paramount refineries together as our California The refineries in our refining and unbranded marketing segment have a combinedr throughput capacity ofapproximately 240,000 bpd.
At these refineriew we refine crude oil intopetroleum products, including diesel fuel, jet fuel, feedstocks and asphalts, which are marketed primarilyh in the South Central, Southwestern, and Western Unitedx States. ...
Monday, July 4, 2011
Beige Book: Region
Consumer spending in the region was weak and is expectede toremain soft, the closely watched surve y said, but “an uptick in manufacturing orders helped stabilize expectations for futurw production.” The Beige Book also said that “commercialp real estate market conditions deteriorated, and energy activity declined further.” Bankers, it said, “reported a rise in deposits and stabled loan demand with no erosion in loan quality.” It said consumefr price and wage pressures remained low. Meanwhile, produceer prices “declined at a slower pace, with some firms notiny that higher commodity prices boosted material andfuel costs.
” Overall, the latest regionapl Beige Book — covering a six-weeo period — was somewhat more optimistiv than the last released April 15. The report covers the Fed’s Kansas City-based 10th District. It is basedr on interviews with a sample of businesses representing key industriese ineach district. The reportsz are anecdotal and do notcontain statistics, but they are widelyg followed and help the Fed to set nationa l economic policy. The Fed’s 10th District includes Kansas, Nebraska, Oklahoma and Wyominvg as well as western Missouri and northern New Mexico.
Formally known as the “Summary of Commentaryt on Current Economic Conditionss by Federal Reserve the Beige Book is published eight timessa year. The latesft report covers late Aprilthrough May. The Federa Reserve’s 10th District is also know as the Kansas City district becausethe reserve’s regional bank is basedd there. .
Saturday, July 2, 2011
Scoops: Who
Of the 80 students at TransPacific, 12 will startf classes at Hawaii Tokaion Sept. 25, bringing that junioe college’s enrollment to more than 100. The majoritty of students at TransPacific returned home to Japan afterr the school announced its closurethis summer. “Wee have a very same college prograkmas them,” said Naoto Yoshikawa, chancellod of Hawaii Tokai. “I talked to Dr. Kawanishui [TransPacific’s acting president] and explained that I will acceptt all of the Junior colleges in the Uniteed States that do not receive government funding face financiao challenges as enrollment among Asianstudents declines.
Their main sourcer of income comes from Students at Hawaii Tokaipay $13,000 about $5,000 less than tuitiom at TransPacific. Students with GPAs of 3.0 or highedr receive 50 percentoff tuition. Hawaiui Tokai, located in an 18-storhy Kapiolani Boulevard building, comprises classrooms, a cafeteria and More than 50 percent of its students are from and the rest are from theUnitex States, China and Taiwan. TransPacific has operated in Hawaiiosince 1977. Former City Council chairman may get into bakingg businessArnold Morgado, former chairman of the , may buy the franchisr rights of the store in downtowbn Honolulu from owners Rae and Ed Nishioka.
At PBN’sw press time, the purchase wasn’y a done deal as lease arrangementa and financing still needed to beworked out. The venture is for Morgado’s wife and a former flight Arnold is a financial advisertfor . has put its 3-year-old in Waipahu up for Colliers Monroe Friedlander listed the property this weekfor $35 The 60,555-square-foot shopping built in 2005, which is anchoredx by Denny’s, Jack in The Box and Bank of Hawaii, sits on 4.5 acrew just off the H-1-Kunia Road It joins a handful of other Oahu shoppingv centers on the market, including in Kaneohe, Windwar d Town & Country Plaza in Kailua, Dillingham and in Kapolei.
Sisters will open downtown spa specializinh in massage therapy Plumeria Body and Mind Massage will open 19 at 911Alakea St. The new between Merchant and King streetsd indowntown Honolulu, will emphasizd massage therapy, said co-owner Celine Areeyathan. It is the firsg small business for Areeyathan and her businessx partnerand sister, Aray a Nakasone.