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Phil Frigon, owner of Cantilever Wichita LLC, says it's too earlyg to tell what he'llk do with the historic site, although it's certain to matcj the feel ofOld Town. He says some new restaurants might popup there. He plans to close on the deal in90 "It will be stuff that fits in thered (with Old Town)," he says. But, "there'se too much conjecture. I haven't even closed on this." Cox has had the buildingf near Douglas and Mead on the markegt for months after moving to a larget location insouth Wichita. The compant was asking $6.5 million for the which consistsof 105,000 square feet in three buildings.
Cox spokesman Jay Allbaugh says the building will sell closes to its asking pricbut wasn't specific. "He has an entertainment and retaikl plan forthe venue, which I think is says Allbaugh. "It's kind of a win-winm deal." Frigon has invested in real estate for He has propertiesin Topeka, Manhattan and Colo. "It's just me, basically. I'm not a big company," he CB Richard Ellis in Atlantaand Wichita's Grubb & Ellis/Martens Commerciakl Group is representing Cox in the transaction. Cox will leasde back two buildings for itsown use. The site coverzs 9.4 acres. The developmentr comes as construction continueson , whicj sits just to the west.
The arenza is set for completion inJanuary 2010. Earlyu on, there was some doubt among developers about whethefr Cox would be able to find a buyer with entertainmentt plans for the facility because offinancing concerns. Some thoughtg the building would remain as an which Cox used it for duringits stay. Frigon wouldn't say where his financing on the projecty wouldcome from. But he says he'sw been impressed with the efforts to revitalizeedowntown Wichita. He praised the sales tax passed by votersz that is paying for thedowntown arena. He also spokde highly of the improvements along theArkansas River. "It's significanf what they did.
It takes a lot of foresighrt and gumption," he says. "These thingds don't happen out of thin air."
Saturday, December 31, 2011
Wednesday, December 28, 2011
Report: Zell might lose reins of Tribune - San Antonio Business Journal:
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According to the report, the company might fall into the handz of a group of banks and investorxs thatholds $8.6 billion in seniot debt. The report says that "the plan centersa on a debt-for-equity swap that probably wouldf give the senior lenders a larg majority ownership stake in thereorganizede company." The plan would also likelgy wipe out a $90 million warrang that Zell holds that would give him the right to buy 40 percentg of Tribune for about $500 The report says that Zell'x future in the company would likelh be determined by the group, as it is unclear if the grouo would want to bring in a new management, or if Zell himsel would want to remain with the company.
The reportf says that "sources closer to both the creditors and the company said it is too earl y to make such decisions and Tribune management continues to controll the process because it currentlyu has the exclusive right to proposew whatever reorganization planit wishes." Tribune throughb a buyout led by Zell. The deal left the compan with nearly $12 billion in debt. Tribune has sold off asset and cut jobs since the close of the deal to help with the debt Thecompany .
According to the report, the company might fall into the handz of a group of banks and investorxs thatholds $8.6 billion in seniot debt. The report says that "the plan centersa on a debt-for-equity swap that probably wouldf give the senior lenders a larg majority ownership stake in thereorganizede company." The plan would also likelgy wipe out a $90 million warrang that Zell holds that would give him the right to buy 40 percentg of Tribune for about $500 The report says that Zell'x future in the company would likelh be determined by the group, as it is unclear if the grouo would want to bring in a new management, or if Zell himsel would want to remain with the company.
The reportf says that "sources closer to both the creditors and the company said it is too earl y to make such decisions and Tribune management continues to controll the process because it currentlyu has the exclusive right to proposew whatever reorganization planit wishes." Tribune throughb a buyout led by Zell. The deal left the compan with nearly $12 billion in debt. Tribune has sold off asset and cut jobs since the close of the deal to help with the debt Thecompany .
Monday, December 26, 2011
Six Flags, a Gates investment, seeks Chapter 11 - Denver Business Journal:
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Six Flags’ (OTCBB: SIXF) board of directors on June 12 votes to begin reorganization proceedingsin U.S. Bankruptcy Courtf for the Districtof Delaware. The company listesd assets of $3.03 billion and debt s of $2.36 billion in its Cascade Investments, the Kirkland-basec investment firm for Bill Gates, owns 11.1 percent of the voting securities in theNew York-based company, bankruptct documents show. Cascade Investments is listed as the largesg holder ofvoting securities, followed by at 9.1 percentt and at 6.65 percent. The values of the holdingxs were unstated. However, Six Flags has 97.7 million share of common stockand 1.1 million shares of preferrefd stock.
Six Flags’ stock closed June 12 at 26 cents a That suggestsCascade Investments' staked in Six Flags could be wortnh about $2.8 million. Six Flags in 2007 sold its water-parkk properties, including Wild Waves & Enchanted Village in Federal Way, to investors in Florida. Aftefr a series of transactions, Inc. acquired Wild Waves and six other properties nationwidewfor $312 million. CNL then leased the water parks to Parc7FrOperations Corp. of Jacksonville, Fla., which operates the properties.
Six Flags’ (OTCBB: SIXF) board of directors on June 12 votes to begin reorganization proceedingsin U.S. Bankruptcy Courtf for the Districtof Delaware. The company listesd assets of $3.03 billion and debt s of $2.36 billion in its Cascade Investments, the Kirkland-basec investment firm for Bill Gates, owns 11.1 percent of the voting securities in theNew York-based company, bankruptct documents show. Cascade Investments is listed as the largesg holder ofvoting securities, followed by at 9.1 percentt and at 6.65 percent. The values of the holdingxs were unstated. However, Six Flags has 97.7 million share of common stockand 1.1 million shares of preferrefd stock.
Six Flags’ stock closed June 12 at 26 cents a That suggestsCascade Investments' staked in Six Flags could be wortnh about $2.8 million. Six Flags in 2007 sold its water-parkk properties, including Wild Waves & Enchanted Village in Federal Way, to investors in Florida. Aftefr a series of transactions, Inc. acquired Wild Waves and six other properties nationwidewfor $312 million. CNL then leased the water parks to Parc7FrOperations Corp. of Jacksonville, Fla., which operates the properties.
Saturday, December 24, 2011
Defendant in Mattapan killings may get plea deal - Boston.com
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Boston.com | Defendant in Mattapan killings may get plea deal Boston.com Amanihotep Smith, 2, and his mother, Eyanna Flonory, 21, were among four people killed in a Mattapan home invasion. (Courtesy of WCVB-TV) By Maria Cramer One of the three men implicated in the 2010 killings of four people on a Mattapan street, ... |
Thursday, December 22, 2011
Mortgage rates going up - The Business Journal of Milwaukee:
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says the average 30-year fixed-rate mortgagew rose to 4.91 percent this week, up from 4.82 percent last week. A year ago, 30-year fixed-rate mortgages were averaging 6.08 percent. While long-ter rates rose, adjustable rates fell. One year ARMs now averager 4.69 percent, down from last week' 4.82 percent. "Fixed-rate mortgages followed long-term bond yieldx higher this week as the financial markets try to discern the statee ofthe economy," says Freddie Mac FRE) chief economist Frank Nothaft. "Housing continues to be a drag on the The Commerce Department Thursday for the seconde time inthree months, up 0.
3 Median prices for new homes fell 15 percent from year ago levels, it Existing home sales rose 2.9 percent in April, but inventoriezs of homes for sale also rose sharply, according to the . Salees of distressed homes, including thosew in foreclosure, made up 45 percent of saless in April.
says the average 30-year fixed-rate mortgagew rose to 4.91 percent this week, up from 4.82 percent last week. A year ago, 30-year fixed-rate mortgages were averaging 6.08 percent. While long-ter rates rose, adjustable rates fell. One year ARMs now averager 4.69 percent, down from last week' 4.82 percent. "Fixed-rate mortgages followed long-term bond yieldx higher this week as the financial markets try to discern the statee ofthe economy," says Freddie Mac FRE) chief economist Frank Nothaft. "Housing continues to be a drag on the The Commerce Department Thursday for the seconde time inthree months, up 0.
3 Median prices for new homes fell 15 percent from year ago levels, it Existing home sales rose 2.9 percent in April, but inventoriezs of homes for sale also rose sharply, according to the . Salees of distressed homes, including thosew in foreclosure, made up 45 percent of saless in April.
Tuesday, December 20, 2011
Obama: Doing 'nothing' about health care not an option - Kansas City Business Journal:
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“Health care reform is not somethint I just cooked up when I took Obama told a crowd ofabouft 1,500 people Thursday at in the Greehn Bay suburb of Ashwaubenon. “It is central to our economic In past yearsand decades, there may have been some disagreemeny on this point. But not anymore.” Earlier this Obama said he wants Congress to pass a comprehensive health care bill by the end of the summer and readyu for his signatureby fall. Many including the president, favor a government-sponsored health insurancw plan that would compete with privats insurers and be available for people not eligible for otherd government health care programs such as Medicarror Medicaid.
Most Republicans and many business however, say a competing plan that isn’r profit-driven would drive private insurerss outof business. On the , a physician’s group Obamq is scheduled to meet with Mondahyin Chicago, said it is opposed to a government-sponsoreed insurance plan. Obama said his administrationb is working on a Health Insurancew Exchange that would allow people to compare insurance benefitsand prices. None of the plans includeds in the exchange woulcd be allowed to deny coverage basedon pre-existinhg conditions and all must include an affordable, basic benefig option.
“I also strongly believe that one of the option s in the Exchange should be a public insuranceoption – because if the privatr insurance companies have to compete with a public option, it will keep them honest and help keep pricesw down,” Obama said. Supporterx of health care reform say it would providr health insurance coverage to millionx of Americans and make coverage more affordable for those who arealready covered. Becauses health insurance premiums have doubled over the last nine and have grown at a rate threer times fasterthan wages, even those with coveragde have reached a breaking point, Obama Employers are not faring any better.
Smal l business owners have been forced to cut health care benefitss or drop coverage entirely because of rising Obama said. “We have the most expensive health care system in the Obama said. “We spend almost 50 percenyt more per person on health care than the next mostcostluy nation. But here’s the thing, Green Bay: we’re not any healthier for Obama vowed to let Americans who are contenft with their coverage and theire physicians keep whatthey have, but said the countruy has reached a pointy where doing nothing about the cost of healtbh care is no longer an option.
“Irf we do nothing, within a decade we will be spendingy one out of ever y five dollars we earn onhealth care,” Obama said. “In 30 years, it will be one out of every Obama acknowledged covering all Americans wouldbe expensive, but promisec health care reform would not add to the country’s deficit over the next 10 “To make that happen, we have alreadu identified hundreds of billions worth of savings in our budgert – savings that will come from stepse like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposing that Congress scale back the amounttthe highest-income Americans can deduct on their taxesw and use that money to help financd health care. Obama spoke for about 20 minutesa and then took questions from six peopld in the audience who expressedr fearover “socialized asked questions about wellness and even questioned the country’s education system. Regarding the idea of socializeds medicine, Obama said that isn’gt what he, or anyone in Congress,
“Health care reform is not somethint I just cooked up when I took Obama told a crowd ofabouft 1,500 people Thursday at in the Greehn Bay suburb of Ashwaubenon. “It is central to our economic In past yearsand decades, there may have been some disagreemeny on this point. But not anymore.” Earlier this Obama said he wants Congress to pass a comprehensive health care bill by the end of the summer and readyu for his signatureby fall. Many including the president, favor a government-sponsored health insurancw plan that would compete with privats insurers and be available for people not eligible for otherd government health care programs such as Medicarror Medicaid.
Most Republicans and many business however, say a competing plan that isn’r profit-driven would drive private insurerss outof business. On the , a physician’s group Obamq is scheduled to meet with Mondahyin Chicago, said it is opposed to a government-sponsoreed insurance plan. Obama said his administrationb is working on a Health Insurancew Exchange that would allow people to compare insurance benefitsand prices. None of the plans includeds in the exchange woulcd be allowed to deny coverage basedon pre-existinhg conditions and all must include an affordable, basic benefig option.
“I also strongly believe that one of the option s in the Exchange should be a public insuranceoption – because if the privatr insurance companies have to compete with a public option, it will keep them honest and help keep pricesw down,” Obama said. Supporterx of health care reform say it would providr health insurance coverage to millionx of Americans and make coverage more affordable for those who arealready covered. Becauses health insurance premiums have doubled over the last nine and have grown at a rate threer times fasterthan wages, even those with coveragde have reached a breaking point, Obama Employers are not faring any better.
Smal l business owners have been forced to cut health care benefitss or drop coverage entirely because of rising Obama said. “We have the most expensive health care system in the Obama said. “We spend almost 50 percenyt more per person on health care than the next mostcostluy nation. But here’s the thing, Green Bay: we’re not any healthier for Obama vowed to let Americans who are contenft with their coverage and theire physicians keep whatthey have, but said the countruy has reached a pointy where doing nothing about the cost of healtbh care is no longer an option.
“Irf we do nothing, within a decade we will be spendingy one out of ever y five dollars we earn onhealth care,” Obama said. “In 30 years, it will be one out of every Obama acknowledged covering all Americans wouldbe expensive, but promisec health care reform would not add to the country’s deficit over the next 10 “To make that happen, we have alreadu identified hundreds of billions worth of savings in our budgert – savings that will come from stepse like reducing Medicare overpayments to insurance companies and rooting out waste, fraud and abuse in both Medicare and Obama said.
In addition, Obama is proposing that Congress scale back the amounttthe highest-income Americans can deduct on their taxesw and use that money to help financd health care. Obama spoke for about 20 minutesa and then took questions from six peopld in the audience who expressedr fearover “socialized asked questions about wellness and even questioned the country’s education system. Regarding the idea of socializeds medicine, Obama said that isn’gt what he, or anyone in Congress,
Saturday, December 17, 2011
Carl R. Spencer - Newzjunky.com
callahamirykaan1884.blogspot.com
Newzjunky.com | Carl R. Spencer Newzjunky.com A sister, Doris, three brothers, Glenn, Sr. and Raymond, and Richard “Tony†Spencer, a brother-in-law, Lloyd Olin, two nephews, Glenn Spencer, Jr. and Allen Spencer, all died before him. Contributions may be made to the American Cancer Society, ... |
Thursday, December 15, 2011
New Bevo Mill operator picked - St. Louis Business Journal:
viningocouqyl1601.blogspot.com
L&M co-owner Milan Manjencich said his companyt plans to spendbetween $250,000 and $500,00 to renovate the South St. Louis landmark. City officialsw picked Manjencich’s proposal over because they likes the idea of it remaining arestaurangt that’s open to the said Manjencich, the former food and beveragw director at another local landmark, the Admiral riverboat and casino. Manjencich wants to rebuild Bevo Mill’s catering business, host holiday celebrations and hold Sunday brunches startingvthis fall.
He’d also like to hold Friday nightf dinner dances with jazz bands and phasd in opening the property as a When he for the propertyin April, Manjencicg said restaurateurs “dream of locations like (Bevo Mill) when you’rs in this business.” The historic restaurant in to find new reception and rehearsal dinner venues. Davird Gilbert and Patrick Viehmann operated the restaurant at Bevo at 4749Gravois Ave., and had leased the property from untill January, when the brewer to the city for a The city then becamde the restaurant’s landlord. August Buschn Sr.
built the restaurantg and five-story windmill in 1916 halfway betwee his home at and the brewery to entertain associates and use as a privatsdining hall.
L&M co-owner Milan Manjencich said his companyt plans to spendbetween $250,000 and $500,00 to renovate the South St. Louis landmark. City officialsw picked Manjencich’s proposal over because they likes the idea of it remaining arestaurangt that’s open to the said Manjencich, the former food and beveragw director at another local landmark, the Admiral riverboat and casino. Manjencich wants to rebuild Bevo Mill’s catering business, host holiday celebrations and hold Sunday brunches startingvthis fall.
He’d also like to hold Friday nightf dinner dances with jazz bands and phasd in opening the property as a When he for the propertyin April, Manjencicg said restaurateurs “dream of locations like (Bevo Mill) when you’rs in this business.” The historic restaurant in to find new reception and rehearsal dinner venues. Davird Gilbert and Patrick Viehmann operated the restaurant at Bevo at 4749Gravois Ave., and had leased the property from untill January, when the brewer to the city for a The city then becamde the restaurant’s landlord. August Buschn Sr.
built the restaurantg and five-story windmill in 1916 halfway betwee his home at and the brewery to entertain associates and use as a privatsdining hall.
Tuesday, December 13, 2011
Human Capital: People on the move, June 2 - Denver Business Journal:
haga-aa8xuq.blogspot.com
Goodwin Procter's Budd elected vice chairman of AAA national boars WayneBudd , senior counsel with the Boston law firm of and a membeer of the board of directorw of , was elected vice chairman of AAA’s national board of directors. Turbine taps Paradowski as CFO , a Westwood-basec online gaming technology company, appointed M. Beau Paradowsk i chief financial officer. Clough to run Leerinj Swann's MEDACorp division Health care investment bank Leerinmk Swann of Boston appointed Brenrt Clough senior managing director and head of itsMEDACorpl division.
Prior to joining Leerinl Swann, Clough was president and CEO of IntrinsiwQLLC , an oncology software and data analytics promotes Stys as VP of marketing and business dev. Shawmut Desigm and Construction in Boston promoted BrianStys , a 16-yearr veteran of the firm, to the newly-createdd role of vice president of marketinh and business development. The Protector Group Insurancde Agency adds Mullery as director of compliance and wellness of Worcester added Lauraq Ann Mullery as director of compliance and Mullery previously served as assistant vice presidenf at in Boston and vice president of majorr accounts at Thorbahn Associatesin Quincy.
Goodwin Procter's Budd elected vice chairman of AAA national boars WayneBudd , senior counsel with the Boston law firm of and a membeer of the board of directorw of , was elected vice chairman of AAA’s national board of directors. Turbine taps Paradowski as CFO , a Westwood-basec online gaming technology company, appointed M. Beau Paradowsk i chief financial officer. Clough to run Leerinj Swann's MEDACorp division Health care investment bank Leerinmk Swann of Boston appointed Brenrt Clough senior managing director and head of itsMEDACorpl division.
Prior to joining Leerinl Swann, Clough was president and CEO of IntrinsiwQLLC , an oncology software and data analytics promotes Stys as VP of marketing and business dev. Shawmut Desigm and Construction in Boston promoted BrianStys , a 16-yearr veteran of the firm, to the newly-createdd role of vice president of marketinh and business development. The Protector Group Insurancde Agency adds Mullery as director of compliance and wellness of Worcester added Lauraq Ann Mullery as director of compliance and Mullery previously served as assistant vice presidenf at in Boston and vice president of majorr accounts at Thorbahn Associatesin Quincy.
Sunday, December 11, 2011
Eastern Washington (5-3) at Cal State Fullerton (5-3) (ET) - Kansas City Star
ogarawo.wordpress.com
TitanCentral.com (subscription) | Eastern Washington (5-3) at Cal State Fullerton (5-3) (ET) Kansas City Star By Sports Network GAME NOTES: Two teams sporting identical records hit the floor at Titan Gym today as Cal State Fullerton entertains the Eastern Washington Eagles in non- conference action. The Eagles have won four of their last five outings and in ... < br />Scouting Eastern Washington |
Friday, December 9, 2011
OPEC conflicts give way to oil balance - MarketWatch
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OPEC conflicts give way to oil balance MarketWatch SAN FRANCISCO (MarketWatch) â€" The Organization of the Petroleum Exporting Countries will return to the spotlight next week as members attempt to make up for their failure to reach an oil-production agreement at the last meeting, ... |
Wednesday, December 7, 2011
HECO
ernstiryastrov.blogspot.com
The state last month awarded a four-year contract to a Californi company to take over and expanethe energy-efficiency programs that HECO runs. The program, whicn includes rebates for buying solar hot water systems and EnergyStar appliances, is fundefd by ratepayers through a monthly surcharge. HECO customer still will pay a monthly charge into theincentive program, which has been in placer since the mid-1990s. But instead of HECO handlinvg the money, the surchargee will pass through HECO into a fund at Bank of Hawaiki for the Mainland companyto tap. The Corp.
of San Diego, will be paid about 10 percenft ofthe fund’s revenues annually to run the The contract has an estimatesd value of $38 million for the first two years, which is based on the monthly surcharge paid by HECO (It’s labeled surcharge on bills.) Ray Starling, SAIC’w Hawaii program manager, said the company expects the fund will generatew $19.6 million in its first year, with 70 percent going toward rebates and incentives, about 20 percentg going toward program costs, and less than 10 percent coveringb SAIC’s services.
The idea to get HECO out of the rebatee business had been discussed for the past two yearss as part ofthe state’s push for energy efficiency under the . “In a sense, it is almost unfairf to require the electric utility to promots programs that reduce its electricity sales, when increasing electricity sales generallg increases the company’s profits,” said PUC Chairmanb Carlito Caliboso. “Some would argue that the electridc utility has a conflictg of interest whenimplementing energy-efficiencuy programs. This new structure will addressthat conflict, be it real or The state awarded the contract to Science Applications Internationak Corp.
to begin implementing programs July 1 and run them througbDecember 2013. Starling declinecd to share specific examples of new programs beinyg planned because he said the company still isnegotiatingh deals. HECO’s subsidiaries on Maui and the Big Islane run theirown energy-efficiency programs, but the new contracg will oversee programs for all three services areas. HECO started its incentive programswin 1996, and has paid out more than $70 milliohn in rebates to customers who moderatexd electrical usage and bought energy-efficient systems like solar water heaters. The average residentiakl customer paysabout $1.19 each month into the fund for energh efficiency.
HECO spokesman Darren Pai said the utilitt still is committed to promoting energy even thoughit won’t be runninvg the program. “We developed thesew programs more than a decade ago because we strongly believed in energy efficiency being as importantf as adding renewable energy Pai said. “It’s about helping customerx control theirenergy use, so we will continue to promotse these efforts regardless of who’s running SAIC is a publicly tradex company (NYSE: SAI) that callds itself a “problem solved through technology” with a focuz on national security, health and infrastructure.
It reporte annual revenue of $10 billion for the fiscal year that endedcin January. Handling energy-efficiency programs is not new for the which has also created similar programs in Wisconsinand Illinois.
The state last month awarded a four-year contract to a Californi company to take over and expanethe energy-efficiency programs that HECO runs. The program, whicn includes rebates for buying solar hot water systems and EnergyStar appliances, is fundefd by ratepayers through a monthly surcharge. HECO customer still will pay a monthly charge into theincentive program, which has been in placer since the mid-1990s. But instead of HECO handlinvg the money, the surchargee will pass through HECO into a fund at Bank of Hawaiki for the Mainland companyto tap. The Corp.
of San Diego, will be paid about 10 percenft ofthe fund’s revenues annually to run the The contract has an estimatesd value of $38 million for the first two years, which is based on the monthly surcharge paid by HECO (It’s labeled surcharge on bills.) Ray Starling, SAIC’w Hawaii program manager, said the company expects the fund will generatew $19.6 million in its first year, with 70 percent going toward rebates and incentives, about 20 percentg going toward program costs, and less than 10 percent coveringb SAIC’s services.
The idea to get HECO out of the rebatee business had been discussed for the past two yearss as part ofthe state’s push for energy efficiency under the . “In a sense, it is almost unfairf to require the electric utility to promots programs that reduce its electricity sales, when increasing electricity sales generallg increases the company’s profits,” said PUC Chairmanb Carlito Caliboso. “Some would argue that the electridc utility has a conflictg of interest whenimplementing energy-efficiencuy programs. This new structure will addressthat conflict, be it real or The state awarded the contract to Science Applications Internationak Corp.
to begin implementing programs July 1 and run them througbDecember 2013. Starling declinecd to share specific examples of new programs beinyg planned because he said the company still isnegotiatingh deals. HECO’s subsidiaries on Maui and the Big Islane run theirown energy-efficiency programs, but the new contracg will oversee programs for all three services areas. HECO started its incentive programswin 1996, and has paid out more than $70 milliohn in rebates to customers who moderatexd electrical usage and bought energy-efficient systems like solar water heaters. The average residentiakl customer paysabout $1.19 each month into the fund for energh efficiency.
HECO spokesman Darren Pai said the utilitt still is committed to promoting energy even thoughit won’t be runninvg the program. “We developed thesew programs more than a decade ago because we strongly believed in energy efficiency being as importantf as adding renewable energy Pai said. “It’s about helping customerx control theirenergy use, so we will continue to promotse these efforts regardless of who’s running SAIC is a publicly tradex company (NYSE: SAI) that callds itself a “problem solved through technology” with a focuz on national security, health and infrastructure.
It reporte annual revenue of $10 billion for the fiscal year that endedcin January. Handling energy-efficiency programs is not new for the which has also created similar programs in Wisconsinand Illinois.
Sunday, December 4, 2011
Man arrested for alleged intrusion - Minot Daily News
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Man arrested for alleged intrusion Minot Daily News A Minot man was arrested early Sunday morning after he allegedly entered and attempted to stay in an apartment against the wishes of the resident. Officers arriving on scene found Insley Evans, 31, of 213-5th Ave. NE, who was identified by the female ... |
Friday, December 2, 2011
Retailers facing rough waters in turbulent economic times - San Antonio Business Journal:
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Even before the current credit crisiw grippedthe nation, the country’s retailerx were already facing significant challenges, says Michael P. Niemira, chief economist for New York-basefd industry organization the (ICSC). Those challenges included the bankruptcie of noted retail chains like andLinens n’ Things, unseasonablyt warm weather that kept winter clothes on the rackws and rising gas prices. Add to that the clouds of uncertainty that has plaguedc many consumers for the pastseveral months. And now therse is the federal efforrt to rescuethe nation’s financiapl industry that has been dominating the headlines in recenf weeks, Niemira says.
The timinhg couldn’t have been much worse. With the 2008 holidah shopping season set to begin in less than two this new level of economic uncertainty has retailers bracing themselves for an unhappholiday season. “It’s going to be a very un-Merry Christmas,” says Tom Rohde, vice president of San Antonio firm Rohder Ottmers SiegelCommercial & Investment Realtors. “We’ved been bad. We’re going to have coal in our “It is likely this will not be a goodseason (for says Niemira, who sums up the overalpl perspective of U.S.
retailers as “Their feeling is that the tough time s that exist today will he adds, “And that’s not a pretty With so much in flux at the retailers are taking a wait-and-see attitude especially when it comes to decisions about opening new “Most retailers that I have spokejn to are planning for a tough 2008 holiday season,” says Rick founder of local retail brokerage/consultinfg firm LLC, and the Texas Statew Director for ICSC. “They are waiting until the firsy quarter of 2009 to make their 2010expansionj decisions.
” The general consensus: There’s not going to be a lot of In fact, what retaikl markets like San Antonil might see is a lot of “You’re going to see a lot of stores closer in January and February,” Rohde In a retail report released this past ICSC was projecting that by the year’s end, nearlh 144,000 stores would be closing theid doors. Indeed, many chains are not waiting for the Christmae season to comeand go.
Well-establishee names like Ann Taylor, Talbot’s, , , and the caffeinee Kahuna that is have already announced plans to shutsome “There will be more (store closings) to says Niemira, who points out that with lending marketsa at a stand-still, gone is the capitakl once available to struggling retailers. “So much dependxs on that liquidity,” he The trickle-down effect is that shopping centers here will see an increased in darkspace — be it space that brokers can’t get leased up in the firsyt place, or dark sites left behind in a retailer’s “You have to go back out to the street,” says who did just that with his Rigsby Shopping Center on the East Side after financial struggles prompted nationap chains like , Shoe Show and Claire’s Boutique to exit the center.
In some owners may find themselves in a situationb in which the space left behind by aClass A, high-profile tenantt now has to be back-filles by a Class B or C a phenomenon that can change the entirr feel of a shopping center, says Tom president and principal of Unitedf Commercial Realty (UCR) of San Antonio. But changd can be a lot better than avacanyt center. In centers like Rigsby, Rohde’s firm has begun pursuint service-oriented tenants, restaurants and medicalp groups — three groups that have continued to do well in the current economy, and thus are on the lookout for new
Even before the current credit crisiw grippedthe nation, the country’s retailerx were already facing significant challenges, says Michael P. Niemira, chief economist for New York-basefd industry organization the (ICSC). Those challenges included the bankruptcie of noted retail chains like andLinens n’ Things, unseasonablyt warm weather that kept winter clothes on the rackws and rising gas prices. Add to that the clouds of uncertainty that has plaguedc many consumers for the pastseveral months. And now therse is the federal efforrt to rescuethe nation’s financiapl industry that has been dominating the headlines in recenf weeks, Niemira says.
The timinhg couldn’t have been much worse. With the 2008 holidah shopping season set to begin in less than two this new level of economic uncertainty has retailers bracing themselves for an unhappholiday season. “It’s going to be a very un-Merry Christmas,” says Tom Rohde, vice president of San Antonio firm Rohder Ottmers SiegelCommercial & Investment Realtors. “We’ved been bad. We’re going to have coal in our “It is likely this will not be a goodseason (for says Niemira, who sums up the overalpl perspective of U.S.
retailers as “Their feeling is that the tough time s that exist today will he adds, “And that’s not a pretty With so much in flux at the retailers are taking a wait-and-see attitude especially when it comes to decisions about opening new “Most retailers that I have spokejn to are planning for a tough 2008 holiday season,” says Rick founder of local retail brokerage/consultinfg firm LLC, and the Texas Statew Director for ICSC. “They are waiting until the firsy quarter of 2009 to make their 2010expansionj decisions.
” The general consensus: There’s not going to be a lot of In fact, what retaikl markets like San Antonil might see is a lot of “You’re going to see a lot of stores closer in January and February,” Rohde In a retail report released this past ICSC was projecting that by the year’s end, nearlh 144,000 stores would be closing theid doors. Indeed, many chains are not waiting for the Christmae season to comeand go.
Well-establishee names like Ann Taylor, Talbot’s, , , and the caffeinee Kahuna that is have already announced plans to shutsome “There will be more (store closings) to says Niemira, who points out that with lending marketsa at a stand-still, gone is the capitakl once available to struggling retailers. “So much dependxs on that liquidity,” he The trickle-down effect is that shopping centers here will see an increased in darkspace — be it space that brokers can’t get leased up in the firsyt place, or dark sites left behind in a retailer’s “You have to go back out to the street,” says who did just that with his Rigsby Shopping Center on the East Side after financial struggles prompted nationap chains like , Shoe Show and Claire’s Boutique to exit the center.
In some owners may find themselves in a situationb in which the space left behind by aClass A, high-profile tenantt now has to be back-filles by a Class B or C a phenomenon that can change the entirr feel of a shopping center, says Tom president and principal of Unitedf Commercial Realty (UCR) of San Antonio. But changd can be a lot better than avacanyt center. In centers like Rigsby, Rohde’s firm has begun pursuint service-oriented tenants, restaurants and medicalp groups — three groups that have continued to do well in the current economy, and thus are on the lookout for new
Wednesday, November 30, 2011
TV ownership declines for first time in Nielsen history - Entertainment Weekly
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TV ownership declines for first time in Nielsen history Entertainment Weekly According to Nielsen Media Research's annual “Television Audience†report that was released this week, the number of households with a TV set will decline for the first time in the company's survey history (which extends back to 1970). ... For 1st time in history, TV ownership declines < /p> |
Monday, November 28, 2011
Iberia pilots to vote on strike over new airline - Reuters
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Iberia pilots to vote on strike over new airline Reuters MADRID Nov 22 (Reuters) - The pilots and crew of Spanish air carrier Iberia will decide on Nov. 30 whether to take strike action against the company's plans to launch a low-cost carrier with new, and cheaper, personnel, a union spokesman said. ... |
Saturday, November 26, 2011
Europe lagging in bid to streamline air traffic - Khaleej Times
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EurActiv | Europe lagging in bid to streamline air traffic Khaleej Times BRUSSELS â€" The European Commission told Britain, France and Germany on Friday they were f » |
Thursday, November 24, 2011
A.M. Best affirms Northwestern Mutual's high ratings - Minneapolis / St. Paul Business Journal:
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A.M. Best affirmed its financial strengthb ratings ofof A++ (superior) and issuefr credit ratings of “aaa” of Northwestern Mutual Life Insurance Co. and its subsidiargy The outlook for both ratings is the Oldwick, N.J., ratings organization said The ratings reflect Northwestern Mutual’s sizable and mature individualp life insurance franchise, conservative operating profile, strong operating performanc e and superior risk-adjusted capitalization, A.M. Best Partially offsetting those positive rating factors was the recent declinw inNorthwestern Mutual’s adjusted capital and surplus due mainlgy to realized and unrealized investmenf losses, A.M. Best said. A.M.
Best also notede that Northwestern Mutual maintains an above averag aggregate exposure to private placement belowinvestment grade, or bonds, commercial mortgages and equities. Despite NM increasing the totall number of financial representatives over the pastcouplr years, Northwestern Mutual may be challengef to continue to grow the numbert of sales professionals while maintaining current levelsx of retention and productivity over the long A.M. Best said.
A.M. Best affirmed its financial strengthb ratings ofof A++ (superior) and issuefr credit ratings of “aaa” of Northwestern Mutual Life Insurance Co. and its subsidiargy The outlook for both ratings is the Oldwick, N.J., ratings organization said The ratings reflect Northwestern Mutual’s sizable and mature individualp life insurance franchise, conservative operating profile, strong operating performanc e and superior risk-adjusted capitalization, A.M. Best Partially offsetting those positive rating factors was the recent declinw inNorthwestern Mutual’s adjusted capital and surplus due mainlgy to realized and unrealized investmenf losses, A.M. Best said. A.M.
Best also notede that Northwestern Mutual maintains an above averag aggregate exposure to private placement belowinvestment grade, or bonds, commercial mortgages and equities. Despite NM increasing the totall number of financial representatives over the pastcouplr years, Northwestern Mutual may be challengef to continue to grow the numbert of sales professionals while maintaining current levelsx of retention and productivity over the long A.M. Best said.
Monday, November 21, 2011
Fred Frith at the Berkeley Arts Festival on Friday: 11.11.11 Cosmic Portal ... - Berkeley Daily Planet
wilhelminadora4287.blogspot.com
Berkeley Daily Planet | Fred Frith at the Berkeley Arts Festival on Friday: 11.11.11 Cosmic Portal ... Berkeley Daily Planet Improvisations conjured by Fred Frith; roaming drunken shaman expelling high-end drugstore vibrations on a mystical pocket fm radio and guitar along with Theresa Wong; cave dwelling amateur magician and high priestess of th e vocal disorder meet in trio ... |
Saturday, November 19, 2011
Foreclosure consultants must register with the state - Puget Sound Business Journal (Seattle):
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Brown has directed that foreclosure consultants must registere with his office and posta $100,000 bond by July 1, the latesf get-tough effort against scam artists who “prey on” consumers, especially thoses facing the possibility of losing their homes, he said in a news release Foreclosure consultants who fail to comply, will face one year in jail and as much as $25,00 per violation. “California is awash with con artistw who prey on vulnerable familiesfacing foreclosure,” Brownj said.
“By forcing foreclosure consultants to submitt detailed information to my office and posta $100,000 bond, this registrgy will help bring long-overdue transparencu to this shadowy world.” Foreclosure consultants will work with homeownersz to prevent foreclosures. But many demand "huge up-frontt costs" but fail to help financially strappedf homeowners, Brown said. Brown’s office will issue a certificatee of registration for foreclosure consultants who register and postthe $100,000 A copy of the registration form is available at http://ag.ca.gov/register.phlp under the “Foreclosure Consultant Registry.
” Foreclosure consultants must retur the completed form by July 1. Then, consumerss can call the Attorney Generall to check on the credibilitg of aforeclosure consultant.
Brown has directed that foreclosure consultants must registere with his office and posta $100,000 bond by July 1, the latesf get-tough effort against scam artists who “prey on” consumers, especially thoses facing the possibility of losing their homes, he said in a news release Foreclosure consultants who fail to comply, will face one year in jail and as much as $25,00 per violation. “California is awash with con artistw who prey on vulnerable familiesfacing foreclosure,” Brownj said.
“By forcing foreclosure consultants to submitt detailed information to my office and posta $100,000 bond, this registrgy will help bring long-overdue transparencu to this shadowy world.” Foreclosure consultants will work with homeownersz to prevent foreclosures. But many demand "huge up-frontt costs" but fail to help financially strappedf homeowners, Brown said. Brown’s office will issue a certificatee of registration for foreclosure consultants who register and postthe $100,000 A copy of the registration form is available at http://ag.ca.gov/register.phlp under the “Foreclosure Consultant Registry.
” Foreclosure consultants must retur the completed form by July 1. Then, consumerss can call the Attorney Generall to check on the credibilitg of aforeclosure consultant.
Thursday, November 17, 2011
Experience doesn't always count for managers - MLB.com
vidineevostegity.blogspot.com
Experience doesn't always count for managers MLB.com Experience. Boston ownership would not commit to Dale Sveum because of his lack of Major League experience, which consisted of 12 games with the 2008 Brewers when he replaced Ned Yost with two weeks left in the season. Sveum got into the playoffs. ... |
Tuesday, November 15, 2011
SBA chief: Lending up, long road ahead - Houston Business Journal:
esivyjifag.wordpress.com
Brown is a a sixth-generation family-owneds business with 47 employeex andabout $6 million in revenu e last year. It worked with (NASDAQ:FITB) to securw a $2 million loan to buy its headquartersxin Columbus. President Rob Hunt said the companh sidestepped payingabout $65,000 in fees aftef the SBA instituted a temporary waiver for businesses that borrow through its flagship 7(a) program. Owning the company’s headquarter s outright brings long-term security, he said, which would have been hard to find withourfederal backing. “Banks aren’t doinyg conventional loans right now,” Hunt said. “Wd simply wouldn’t have been able to do this.
” Initiatived such as the fee waiver, Mills are making a difference in a short amountgof time: More lenderes are getting into the fray while SBA-backed loan volume is up more than 25 percenft since the passage of the stimulues bill. That translates to nearly $4 billion in guaranteed $113 million of which went to Ohio businesses. But it’ds making small businesses aware of the programs onhand that’sd the key challenge going forward, she said. “All of theswe things take time,” Mills said. “Small businesses are busy runninvtheir business.
” In addition to the waivedr and an increased guarantee of 90 percen on 7(a) loans, the SBA also has offerer a surety bond guarantee of $5 up from $2 million, for businesseds competing for federal contracts. On June 15, it’s rolling out a program dubbedx America’s Recovery Capital, which offers loans of up to $35,009 for businesses struggling to makedebt payments. Thos loans are fully guaranteed and have a deferrespayment schedule. And next month, the SBA will begi n offering guaranteed loans to finance inventory for automobile dealers throughSeptember 2010.
Millse said she’s confident the agency has the right tool in place for small businesses and the outlook on theeconomy hasn’rt hurt either. “The sense from small businessed and others is that the free fall has she said. “But we still have a ways to
Brown is a a sixth-generation family-owneds business with 47 employeex andabout $6 million in revenu e last year. It worked with (NASDAQ:FITB) to securw a $2 million loan to buy its headquartersxin Columbus. President Rob Hunt said the companh sidestepped payingabout $65,000 in fees aftef the SBA instituted a temporary waiver for businesses that borrow through its flagship 7(a) program. Owning the company’s headquarter s outright brings long-term security, he said, which would have been hard to find withourfederal backing. “Banks aren’t doinyg conventional loans right now,” Hunt said. “Wd simply wouldn’t have been able to do this.
” Initiatived such as the fee waiver, Mills are making a difference in a short amountgof time: More lenderes are getting into the fray while SBA-backed loan volume is up more than 25 percenft since the passage of the stimulues bill. That translates to nearly $4 billion in guaranteed $113 million of which went to Ohio businesses. But it’ds making small businesses aware of the programs onhand that’sd the key challenge going forward, she said. “All of theswe things take time,” Mills said. “Small businesses are busy runninvtheir business.
” In addition to the waivedr and an increased guarantee of 90 percen on 7(a) loans, the SBA also has offerer a surety bond guarantee of $5 up from $2 million, for businesseds competing for federal contracts. On June 15, it’s rolling out a program dubbedx America’s Recovery Capital, which offers loans of up to $35,009 for businesses struggling to makedebt payments. Thos loans are fully guaranteed and have a deferrespayment schedule. And next month, the SBA will begi n offering guaranteed loans to finance inventory for automobile dealers throughSeptember 2010.
Millse said she’s confident the agency has the right tool in place for small businesses and the outlook on theeconomy hasn’rt hurt either. “The sense from small businessed and others is that the free fall has she said. “But we still have a ways to
Sunday, November 13, 2011
Motivating Teens: Do Young Men Have A 'Failure To Launch' Problem? - Huffington Post
uvepexatawus.blogspot.com
Motivating Teens: Do Young Men Have A 'Failure To Launch' Problem? Huffington Post For these guys, the key issues are an absence of motivation, and the lack of what DeNucci and his staff call "an early adult life plan." The Insight program, which has space for no more than 25 young men, ages 18 to 23, involves a stay of three to four ... |
Friday, November 11, 2011
N.J. Supreme Court to hear case of state judge who opposes contributing more ... - The Star-Ledger - NJ.com
ugefuk.wordpress.com
The Star-Ledger - NJ.com | N.J. Supreme Court to hear case of state judge who opposes contributing more ... The Star-Ledger - NJ.com By MaryAnn Spoto/The Star-Ledger Michael T. Dempsey/The Jersey JournalThe New Jersey Supreme Court has agreed to hear the case of Superior Court Judge Paul DePascale, who opposes contributing more toward his health benefits and pension. ... |
Tuesday, November 8, 2011
Rodney King pleads not guilty to DUI charge - CBS News
ocybakenos.wordpress.com
Rodney King pleads not guilty to DUI charge CBS News (CBS/AP) LOS ANGELES - Rodney King has reportedly pleaded not guilty to DUI charges in connection with his July arrest in Southern California. Court records show that King entered the plea in Superior Court to misdemeanor counts of driving under the ... |
Sunday, November 6, 2011
Bexar County children required to take new vaccinations - San Antonio Business Journal:
antoninahubihe.blogspot.com
Parents are required to add five new immunizationxs for the upcoming school year as a result ofstatw mandates. Metro Health anticipates these requirementss will affect upto 50,000 students in the San Antonio area. Startingv Aug. 1, K-12 students will be requiredr to take two doses of theVaricellaa (chickenpox) vaccine. Students entering the 1-6 and 8-12 gradee must continue to meet thecurrent requirement. Enterinb 7th grade students are required to take the one dose of the meningococcapl vaccine thisschool year. Students enteringv the 7th grade must havethe tetanus, diphtheria, acelluladr pertussis-containing vaccine if they’ve not had the boostefr within the last five years.
Students entering grades 8 - 12 must have the booste shot if they have not had one in the last 10 Kindergarten students statewide are now required to take two doses of hepatitixsA vaccine. Finally, K-12 studentsd must take two doses of the measles vaccinde and one dose each of the mumps andrubella vaccine. In additioh to the expanded vaccinations, studentws need to be current on previousltrequired immunizations. “These additions to the childhood immunization schedule will bring us closer in line with CDC recommendations and make Texas an even safer environment for vaccinepreventables diseases,” health director Fernando Guerra says.
Parents are required to add five new immunizationxs for the upcoming school year as a result ofstatw mandates. Metro Health anticipates these requirementss will affect upto 50,000 students in the San Antonio area. Startingv Aug. 1, K-12 students will be requiredr to take two doses of theVaricellaa (chickenpox) vaccine. Students entering the 1-6 and 8-12 gradee must continue to meet thecurrent requirement. Enterinb 7th grade students are required to take the one dose of the meningococcapl vaccine thisschool year. Students enteringv the 7th grade must havethe tetanus, diphtheria, acelluladr pertussis-containing vaccine if they’ve not had the boostefr within the last five years.
Students entering grades 8 - 12 must have the booste shot if they have not had one in the last 10 Kindergarten students statewide are now required to take two doses of hepatitixsA vaccine. Finally, K-12 studentsd must take two doses of the measles vaccinde and one dose each of the mumps andrubella vaccine. In additioh to the expanded vaccinations, studentws need to be current on previousltrequired immunizations. “These additions to the childhood immunization schedule will bring us closer in line with CDC recommendations and make Texas an even safer environment for vaccinepreventables diseases,” health director Fernando Guerra says.
Friday, November 4, 2011
Kentucky firm plans to build $15M senior housing in Saratoga Springs - The Business Review (Albany):
alharkaenu.blogspot.com
has a contract to buy two vacangt parcelsfrom Inc. to make room for a proposed 58-unit senior housing project off Morgan and Seward streets onthe city'sa west side. The four-story limestone and bricm development would featureconcierge service, a koi an Internet cafe, a wellness center and a Arcadia President Brian Durbin said the company visited 10 to 12 seniort and assisted living facilities around Saratoga Springs and the Capita Region before deciding to build. It made senss to move forward witha 58-unit project because none of the senior housing complexes that Durbin visited appeared to have problems keeping apartments rented.
"We wouldn't go into a markeyt that had a number of propertiess thatwere [only] 60 percent occupied," Durbij said. He declined to say how much rent he'lk charge for the 665-square-foot to 1,400-square-foor apartments. The project, which requires site plan approval fromthe , will be finance through a local bank or banks, but a deal has not yet been Arcadia has hired attorney Matthew Jones of in Saratoga Springxs and The landscape architectures and planning firm to help guide the project through the approval process. The from-the-ground-uop project will be a first forthe 6-year-oldf Louisville, Ky.-based company.
Arcadia owns other senior and assistex living complexes in Kentucky and but they were acquired fromothedr owners. The Saratoga Springs projecyt would be located on four acresawhere D.A. Collins had planneds to build a third phase of its Birchu Run development in thelate 1980s, accordingf to Michael Ingersoll, a partner at The LA Group in Saratogq Springs. The property had been approved for 28 but that project nevermoved forward, Ingersoll said. Arcadia was founded in 2002 by a part-time Saratoga Springs resident who ran unsuccessfullyy for Kentucky governor in 2003 and 2007.
Lunsford, a thoroughbrexd horse owner and founder of Lunsford Capital privateinvestmenr firm, currently is running for U.S. Senat in Kentucky. Durbin said he's optimistic that Arcadiaa will be successful because the demans for upscale senior housinbg is growing inSaratoga Springs. Still, the demand wasn'r enough to prevent Prestwick Chase in nearby Greenfielx from running into financial problems threeyearsd ago. That 186-unit development, whicgh opened in 1998, rebounded from bankruptcyt in 2006 after receivinga $14 millionj loan financed by the and purchased by the . Prestwickl Chase owners Fred McNearuy Sr. and Fred McNeary Jr.
coulrd not be reached for comment about the potential competition from Durbin said he hopes construction could begin in the next six montha once the projectis approved. Developers likelyg will have to addresds neighborhood traffic concerns before the planning boarssigns off. The Arcadia project is expected to creates between 20 and30 full- and part-time positionsd from sales and kitchen staff to a general manager and maintence
has a contract to buy two vacangt parcelsfrom Inc. to make room for a proposed 58-unit senior housing project off Morgan and Seward streets onthe city'sa west side. The four-story limestone and bricm development would featureconcierge service, a koi an Internet cafe, a wellness center and a Arcadia President Brian Durbin said the company visited 10 to 12 seniort and assisted living facilities around Saratoga Springs and the Capita Region before deciding to build. It made senss to move forward witha 58-unit project because none of the senior housing complexes that Durbin visited appeared to have problems keeping apartments rented.
"We wouldn't go into a markeyt that had a number of propertiess thatwere [only] 60 percent occupied," Durbij said. He declined to say how much rent he'lk charge for the 665-square-foot to 1,400-square-foor apartments. The project, which requires site plan approval fromthe , will be finance through a local bank or banks, but a deal has not yet been Arcadia has hired attorney Matthew Jones of in Saratoga Springxs and The landscape architectures and planning firm to help guide the project through the approval process. The from-the-ground-uop project will be a first forthe 6-year-oldf Louisville, Ky.-based company.
Arcadia owns other senior and assistex living complexes in Kentucky and but they were acquired fromothedr owners. The Saratoga Springs projecyt would be located on four acresawhere D.A. Collins had planneds to build a third phase of its Birchu Run development in thelate 1980s, accordingf to Michael Ingersoll, a partner at The LA Group in Saratogq Springs. The property had been approved for 28 but that project nevermoved forward, Ingersoll said. Arcadia was founded in 2002 by a part-time Saratoga Springs resident who ran unsuccessfullyy for Kentucky governor in 2003 and 2007.
Lunsford, a thoroughbrexd horse owner and founder of Lunsford Capital privateinvestmenr firm, currently is running for U.S. Senat in Kentucky. Durbin said he's optimistic that Arcadiaa will be successful because the demans for upscale senior housinbg is growing inSaratoga Springs. Still, the demand wasn'r enough to prevent Prestwick Chase in nearby Greenfielx from running into financial problems threeyearsd ago. That 186-unit development, whicgh opened in 1998, rebounded from bankruptcyt in 2006 after receivinga $14 millionj loan financed by the and purchased by the . Prestwickl Chase owners Fred McNearuy Sr. and Fred McNeary Jr.
coulrd not be reached for comment about the potential competition from Durbin said he hopes construction could begin in the next six montha once the projectis approved. Developers likelyg will have to addresds neighborhood traffic concerns before the planning boarssigns off. The Arcadia project is expected to creates between 20 and30 full- and part-time positionsd from sales and kitchen staff to a general manager and maintence
Wednesday, November 2, 2011
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Washington Business Journal:
kittredgeihuhyla1951.blogspot.com
U.S. Army officials worked feverishly over the past week topull St. John Propertie s into the fold, fearful the project would come to a halt if Opus East filef for bankruptcy protection before an arrangement coulddbe struck, company spokesman Gerard J. Wit said in a telephonr interview Tuesday. “It was a real week-long effort to get this Wit said. “We’re going to get in and try to kick-starg this right away.” Aberdeen is gearing up for a significant influs of military jobs underthe Pentagon’s Base Realignment and Closure expected to be completed by September 2011.
Abou t 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contracting jobs from companiess that do business with the incominbg military agencies. The selected St. John Propertie s to take over the Government and Technologyu Enterprise business park because of theBaltimore developer’zs ability to move forward with new construction, Bob program director with the Army Corps, said in a statement. As in taking over the project, including (NYSE: OFC) and Manekin LLC. Opus East was awardexd rights to developthe government-owned land undetr a lease with the Army in Novembe 2007 and broke ground on its first building in Decembefr of that year.
Since then, the compangy became straddled with millions of dollare in construction loans it has been unable to refinance, and the company has not startede any new construction at the project for more than a The deal was inked June 19 betweeh Opus East, St. John Properties and the Wit said. St. John and the Army Corpzs of Engineers issued statements Tuesday announcinggthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its development rightwsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthew Holbrooko to oversee the GATE project as its director of defensre andgovernment business.
“Aberdeemn Proving Ground is excited about movin the project forwardwith St. John Properties,” Tim APG deputy garrison commander, said in a “We consider it a positive step to have their experienceds management team spearheadingthe build-out of this As the to help it consider options including Its D.C.-area projects have also been . Its parentg company, , has also sought bankruptcy protection for its Opus Southj subsidiary and for two more subsidiaries of its Opus Westregionalk operation. Opus Corp. spokeswoman Winston Hewett said Opus East is stillk evaluating its options but has not made any decisionseabout bankruptcy.
The company was forced to relinquish its rightsa to the Aberdeen project becausw it has been unable to finance morethan $50 million in construction loans it took out to financd its projects. Most pressing among those debtsis $35 million the developedr spent to build a new headquarters for the National Oceanicc and Atmospheric Administration in Collegse Park, for which it has sued the federal governmenyt to collect its wages on that Hewett said. St.
John plans to break grounc in the next two months on at leasyt three new buildings at the Harford Counttmilitary base, with commitments from defense contractor for up to 300,000 square feet of office, research and development space, Wit Wit did not disclose the namezs of any of those tenants. Those buildings wouls be in addition toa 60,000-square-foot building Opus East completefd in December 2008 for defense contractotr CACI. “We view this development as the most significant commercial real estatde opportunity in the history ofour company,” St. John Presidentf Edward A. St.
John said in a “This is based on the amount of square footage that can eventuallu be developed as well as the important work that will be completefdby end-users that occupy this space.” St. John Properties is the third-largesft property management firm inGreater Baltimore, with nearly 11 million square feet of commercial space in the But taking over the Aberdee project represents a shift for the company, whicn has sought to tap into the demand for governmengt contracting space up until now. Wit said the compan has also sought in the past to buy land for its own rather than to lease property from the governmen t such asat Aberdeen.
Opus East preliminarily received commitmentws from firms seeking space atits 413-acrre Government and Technology Enterprise business park but did not stary any additional construction. The developetr was unwilling to divide any of its buildingsinto multi-tenantes space, Wit said, preferring instead to construct buildinga for a single tenant. That’s createdx a pent-up demand for companies seekingfrom 5,00 square feet to upward of 20,000 squars feet, Wit said. “For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said.
“If you don’t have the place to park thosed people, if you don’t have the buildingsw to put them in, there was goingy to be a reallogistical problem.”
U.S. Army officials worked feverishly over the past week topull St. John Propertie s into the fold, fearful the project would come to a halt if Opus East filef for bankruptcy protection before an arrangement coulddbe struck, company spokesman Gerard J. Wit said in a telephonr interview Tuesday. “It was a real week-long effort to get this Wit said. “We’re going to get in and try to kick-starg this right away.” Aberdeen is gearing up for a significant influs of military jobs underthe Pentagon’s Base Realignment and Closure expected to be completed by September 2011.
Abou t 8,200 military jobs will be transferred to the in addition to as manyas 18,000 private contracting jobs from companiess that do business with the incominbg military agencies. The selected St. John Propertie s to take over the Government and Technologyu Enterprise business park because of theBaltimore developer’zs ability to move forward with new construction, Bob program director with the Army Corps, said in a statement. As in taking over the project, including (NYSE: OFC) and Manekin LLC. Opus East was awardexd rights to developthe government-owned land undetr a lease with the Army in Novembe 2007 and broke ground on its first building in Decembefr of that year.
Since then, the compangy became straddled with millions of dollare in construction loans it has been unable to refinance, and the company has not startede any new construction at the project for more than a The deal was inked June 19 betweeh Opus East, St. John Properties and the Wit said. St. John and the Army Corpzs of Engineers issued statements Tuesday announcinggthe deal. Wit said St. John will pay Opus East an undisclosed amount of money for its development rightwsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthew Holbrooko to oversee the GATE project as its director of defensre andgovernment business.
“Aberdeemn Proving Ground is excited about movin the project forwardwith St. John Properties,” Tim APG deputy garrison commander, said in a “We consider it a positive step to have their experienceds management team spearheadingthe build-out of this As the to help it consider options including Its D.C.-area projects have also been . Its parentg company, , has also sought bankruptcy protection for its Opus Southj subsidiary and for two more subsidiaries of its Opus Westregionalk operation. Opus Corp. spokeswoman Winston Hewett said Opus East is stillk evaluating its options but has not made any decisionseabout bankruptcy.
The company was forced to relinquish its rightsa to the Aberdeen project becausw it has been unable to finance morethan $50 million in construction loans it took out to financd its projects. Most pressing among those debtsis $35 million the developedr spent to build a new headquarters for the National Oceanicc and Atmospheric Administration in Collegse Park, for which it has sued the federal governmenyt to collect its wages on that Hewett said. St.
John plans to break grounc in the next two months on at leasyt three new buildings at the Harford Counttmilitary base, with commitments from defense contractor for up to 300,000 square feet of office, research and development space, Wit Wit did not disclose the namezs of any of those tenants. Those buildings wouls be in addition toa 60,000-square-foot building Opus East completefd in December 2008 for defense contractotr CACI. “We view this development as the most significant commercial real estatde opportunity in the history ofour company,” St. John Presidentf Edward A. St.
John said in a “This is based on the amount of square footage that can eventuallu be developed as well as the important work that will be completefdby end-users that occupy this space.” St. John Properties is the third-largesft property management firm inGreater Baltimore, with nearly 11 million square feet of commercial space in the But taking over the Aberdee project represents a shift for the company, whicn has sought to tap into the demand for governmengt contracting space up until now. Wit said the compan has also sought in the past to buy land for its own rather than to lease property from the governmen t such asat Aberdeen.
Opus East preliminarily received commitmentws from firms seeking space atits 413-acrre Government and Technology Enterprise business park but did not stary any additional construction. The developetr was unwilling to divide any of its buildingsinto multi-tenantes space, Wit said, preferring instead to construct buildinga for a single tenant. That’s createdx a pent-up demand for companies seekingfrom 5,00 square feet to upward of 20,000 squars feet, Wit said. “For all the hoopla that BRAC has there’s really only one building that Opus was able to Wit said.
“If you don’t have the place to park thosed people, if you don’t have the buildingsw to put them in, there was goingy to be a reallogistical problem.”
Monday, October 31, 2011
oc697vot.blogspot.com
A “cash for clunkers” programn proposed in the Americabn Clean Energy and Security Act wouldc give car buyers a credirt of upto $4,500 toward new-car purchases. That could reignite auto which are on pace for the worst yearsince 1979. “It’s a spectacular idea,” said Rhettf Ricart, CEO of in Columbus. “It’ll speed up The House Committee on Energy and Commercse estimatesthe one-year program coul d add as many as 1 millioh sales this year. That would be a 10 percentr boost to the 10 milliojn vehicles Americans are expected to buyin 2009, according to J.D. Powert & Associates. U.S. Rep.
Betty Sutton, D-Ohio, introduced the prograj both as an amendment to the energy bill and asstandalone legislation. U.S. Sen. Sherrod D-Ohio, stressed the importance of the bill in a May 20 discussionh with reporters about thefederapl government’s work to help the auto industry in Ohio. Browhn said he couldn’t predict the proposal’s chance of approvalo in Congress, but he’d like to see the incentives get tobuyers quickly. He said it makes sense to pass the program separateluy to getit started.
President Baracjk Obama has said he supports the House which isin committee, while the Senate is workingb on a version, which may carry higher fuel economy according to published reports. The program, which several European countrieshave instituted, would discount qualifying new-car purchases by eithee $3,500 or $4,500, depending on fuel efficiency Eligible cars for trade-in would have to be at least a year old and have a combinedd EPA fuel economy rating of 18 miles per gallon or The buyer would get a $3,500 credit if the new vehiclre gets between 4 and 9 mpg more than the trade-inb and the full $4,500 creditf if the new vehicle gets at leas 10 mpg better.
For trucks, the trade-in minimum would be 18 mpg, with a 2 mpg improvementg necessaryfor $3,500 and a 5 mpg boostf for the $4,500 credit. Large light-dutu trucks, which weigh between 6,000 and 8,500 would have a trade-in standard of 15 mpg and improvement thresholds of 1 mpg and2 mpg. Work which are more than 8,500 pounds, do not have mileagee ratings, but 2001 vehicles or older would be eligiblwe fora $3,500 credit. Though the credit would be considered cash fromthe buyer’s point of view, consumers woulfd not touch the money. Dealers woule get an electronic reimbursement from the government for the according to informationfrom Congress.
Germany, France and the Unite Kingdom have fleetmodernization programs. Germany’a program boosted auto salee by 20 percent since its February according tothe . Any increase in domestic salexsis welcome. Ricart said his dealership group, which sells six brands, five of whicj are foreign makes, expects to benefit across most ofthe nameplates. Foreign vehicles will do while Ford hasmade fuel-efficiency improvements that should attract customers as he said. “I don’t think you’ll see peoplde buying $35,000 cars, but you’ll see peopler who are looking for cars foreverydaty transport,” he said.
Ricart said the only concernm for dealers is how quickly the governmengt wouldreimburse them. The supportws the House program. “A cash for clunkers progranm gets gas-guzzlers off the road and replaces them with more fueleconomicalo vehicles,” Legislative Affairs Vice President David Regan said in a Trade-ins wouldn’t be but instead sent to a salvage operatot to be scrapped. How that would be enforced has yet tobe Regan, in an April question-and-answer sessioh posted on the organization’s Web said the two key features for dealerxs are that vouchers must be treatedd like cash from customers to lowerd the amount financed, and the prograk would have to include all car not foreign or domestic alone.
“Dealers regardless of nameplatesare suffering,” he said.
A “cash for clunkers” programn proposed in the Americabn Clean Energy and Security Act wouldc give car buyers a credirt of upto $4,500 toward new-car purchases. That could reignite auto which are on pace for the worst yearsince 1979. “It’s a spectacular idea,” said Rhettf Ricart, CEO of in Columbus. “It’ll speed up The House Committee on Energy and Commercse estimatesthe one-year program coul d add as many as 1 millioh sales this year. That would be a 10 percentr boost to the 10 milliojn vehicles Americans are expected to buyin 2009, according to J.D. Powert & Associates. U.S. Rep.
Betty Sutton, D-Ohio, introduced the prograj both as an amendment to the energy bill and asstandalone legislation. U.S. Sen. Sherrod D-Ohio, stressed the importance of the bill in a May 20 discussionh with reporters about thefederapl government’s work to help the auto industry in Ohio. Browhn said he couldn’t predict the proposal’s chance of approvalo in Congress, but he’d like to see the incentives get tobuyers quickly. He said it makes sense to pass the program separateluy to getit started.
President Baracjk Obama has said he supports the House which isin committee, while the Senate is workingb on a version, which may carry higher fuel economy according to published reports. The program, which several European countrieshave instituted, would discount qualifying new-car purchases by eithee $3,500 or $4,500, depending on fuel efficiency Eligible cars for trade-in would have to be at least a year old and have a combinedd EPA fuel economy rating of 18 miles per gallon or The buyer would get a $3,500 credit if the new vehiclre gets between 4 and 9 mpg more than the trade-inb and the full $4,500 creditf if the new vehicle gets at leas 10 mpg better.
For trucks, the trade-in minimum would be 18 mpg, with a 2 mpg improvementg necessaryfor $3,500 and a 5 mpg boostf for the $4,500 credit. Large light-dutu trucks, which weigh between 6,000 and 8,500 would have a trade-in standard of 15 mpg and improvement thresholds of 1 mpg and2 mpg. Work which are more than 8,500 pounds, do not have mileagee ratings, but 2001 vehicles or older would be eligiblwe fora $3,500 credit. Though the credit would be considered cash fromthe buyer’s point of view, consumers woulfd not touch the money. Dealers woule get an electronic reimbursement from the government for the according to informationfrom Congress.
Germany, France and the Unite Kingdom have fleetmodernization programs. Germany’a program boosted auto salee by 20 percent since its February according tothe . Any increase in domestic salexsis welcome. Ricart said his dealership group, which sells six brands, five of whicj are foreign makes, expects to benefit across most ofthe nameplates. Foreign vehicles will do while Ford hasmade fuel-efficiency improvements that should attract customers as he said. “I don’t think you’ll see peoplde buying $35,000 cars, but you’ll see peopler who are looking for cars foreverydaty transport,” he said.
Ricart said the only concernm for dealers is how quickly the governmengt wouldreimburse them. The supportws the House program. “A cash for clunkers progranm gets gas-guzzlers off the road and replaces them with more fueleconomicalo vehicles,” Legislative Affairs Vice President David Regan said in a Trade-ins wouldn’t be but instead sent to a salvage operatot to be scrapped. How that would be enforced has yet tobe Regan, in an April question-and-answer sessioh posted on the organization’s Web said the two key features for dealerxs are that vouchers must be treatedd like cash from customers to lowerd the amount financed, and the prograk would have to include all car not foreign or domestic alone.
“Dealers regardless of nameplatesare suffering,” he said.
Saturday, October 29, 2011
Quiksilver secures $150M term loan, posts 2Q profit - Puget Sound Business Journal (Seattle):
http://www.astanda.com/Download_Desktop/Icons/download36352.html
The Huntington Beach company ZQK) also posted second-quarter earnings of $2.8 million. The five-year term loan with private-equith firm Rhone was made to improve Quiksilver's liquidityh and solidify its banking relationships. As part of the termes of the loan, Quiksilver will name a pair of Rhone appointeese to its boardof directors. Quiksilve also refinanced its credit facility with anew three-year, $200 million facility led by and . The compangy is also in discussionse with its French banking partners to consolidate its Europea debts into anew multi-yea r facility.
In the company's earningd report, the company swung to profitabilith in thesecond quarter, postinv the earnings of 2 cents a which included several one-time Without the items, the earnings per share would have been 5 centsa a share. Analyst estimates placed the earnings at 9 cents a Sales dropped 17 coming inat $494.2 million. In the second quarter a year ago, the companuy lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter includef losses of $244.9 million from discontinuefd operations. Quiksilver is an apparel and accessories company. Its core brands are Roxy and DC.
A renewed focus on thosw core brands are the focus ofthe company's long-ternm plan to improve profits.
The Huntington Beach company ZQK) also posted second-quarter earnings of $2.8 million. The five-year term loan with private-equith firm Rhone was made to improve Quiksilver's liquidityh and solidify its banking relationships. As part of the termes of the loan, Quiksilver will name a pair of Rhone appointeese to its boardof directors. Quiksilve also refinanced its credit facility with anew three-year, $200 million facility led by and . The compangy is also in discussionse with its French banking partners to consolidate its Europea debts into anew multi-yea r facility.
In the company's earningd report, the company swung to profitabilith in thesecond quarter, postinv the earnings of 2 cents a which included several one-time Without the items, the earnings per share would have been 5 centsa a share. Analyst estimates placed the earnings at 9 cents a Sales dropped 17 coming inat $494.2 million. In the second quarter a year ago, the companuy lost $206.2 million, or $1.59 a on sales of $596.3 million. That quarter includef losses of $244.9 million from discontinuefd operations. Quiksilver is an apparel and accessories company. Its core brands are Roxy and DC.
A renewed focus on thosw core brands are the focus ofthe company's long-ternm plan to improve profits.
Thursday, October 27, 2011
Ramsay stepping down as president of University of Maryland, Baltimore - The Business Review (Albany):
husydow.wordpress.com
During his tenure, Ramsay was instrumentapl in launching the ambitious UMB BioPark andthe university’x west-side expansion efforts. In a letter to Ramsay said he would step down once the selectshis “Until that time I shalk continue to serve this campus to the best of my abilit so that the coming year will be at least as productive as what has gone Ramsay said in the letter. Ramsag has grown UMB into a top-notch research institution, said Universitt System of Maryland ChancellorWilliam E. Kirwan. “It’s a different place than what he came Kirwan said.
“He came in with a real missionb of building the quality of the institution and he has done that in anexceptionalk fashion.” Kirwan said he will form a searcg committee to find Ramsay’s replacement. The processe could take anywhere from a few monthd toa year. Ramsay, 70, is the past chai r of the Association of Academic Healtg Centers and was recently appointes its firstforeign secretary. He also serves on the boarda ofthe , the Downtown Partnership of Baltimore Inc.
, the and the in
During his tenure, Ramsay was instrumentapl in launching the ambitious UMB BioPark andthe university’x west-side expansion efforts. In a letter to Ramsay said he would step down once the selectshis “Until that time I shalk continue to serve this campus to the best of my abilit so that the coming year will be at least as productive as what has gone Ramsay said in the letter. Ramsag has grown UMB into a top-notch research institution, said Universitt System of Maryland ChancellorWilliam E. Kirwan. “It’s a different place than what he came Kirwan said.
“He came in with a real missionb of building the quality of the institution and he has done that in anexceptionalk fashion.” Kirwan said he will form a searcg committee to find Ramsay’s replacement. The processe could take anywhere from a few monthd toa year. Ramsay, 70, is the past chai r of the Association of Academic Healtg Centers and was recently appointes its firstforeign secretary. He also serves on the boarda ofthe , the Downtown Partnership of Baltimore Inc.
, the and the in
Monday, October 24, 2011
The Politics of free trade: New Mexico edition - NMPolitics.net
bojony.wordpress.com
The Politics of free trade: New Mexico edition NMPolitics.net Martin Heinrich and Rep. Ben Ray Luján â€" voted against all three agreements. Lujan's vote against these agreements, while disappointing, is hardly surprising given that he never demonstrates any independence from his Democrat masters in the Nancy ... |
Saturday, October 22, 2011
Madoff gets 150 years in prison - Jacksonville Business Journal:
ishinlyuboqemija.blogspot.com
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarseto Madoff's scheme. The mastermind behind the biggest Ponzki schemein U.S. history was sentenced on Monday morninvg in federal court in Manhattan to 150 yearsbehinf bars, the maximum requested by federal prosecutors. Madoff's attorneh had asked for a far more lenient sentence of 12 Insentencing Madoff, U.S. District Judge Denng Chin called thefraud “staggering” and said that the “breachn of trust was massive.
” The judge describec his acts as “extraordinarily “No other white-collar case is comparable in termds of the scope, duration and enormity of the fraud and the degrees of the betrayal,” Chin said. Madof f confessed in March to 11 counts including money laundering theftand perjury, among other His victims reportedly number more than 1,3090 and stretch across the globe. Their losses are estimater at morethan $13 billion. Prior to sentencing, Chin heared from nine of the victimsd who talked about thedevastation Madoff’d fraud had caused to theie lives and their families.
Many of Madoff’sz wealthy clients lived in South Floridsa and lost their life savings tohis Fox, 86, said she is stil l furious that the and the federak government didn’t expose Madoff’s fraud “The SEC is just as guilty as Madoff and they faile d us. Nobody seems to do anything aboutg it,” Fox said. She also took issue with the largde fees being paid to people such asIrving H. Picard, the trustee who is handlinvg the liquidation ofBernard L. Madoff Investmentf Securities. “The trustee Picard is making hisown They’re paying these guys millions of It would be better to pay the investors Fox said.
Fox, a widoq who once worked as secretary in New said sheinvested $50,000 in 1987 becausr she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneg back from Social Securitypayments she’d made over the yearzs on “phantom” income from Madoff accounts. she is worried that her disbursements may eventually be targete in clawback efforts by the trustee in bankruptcy proceedings who has begunj sending out letters demandintg the return of profits derivee fromtheir investments.
Guy Fronstin a Boca Raton attorney who hasadvised Fox, said the government has “been good about refunding taxes quickly” but therse are delays in processing claims to the Securities Investor Protection “Some of the people I know are too busy with thesd other issues to really care that much about what happened today. They believed he would spends the rest of his days in Fronstin said. Jan Atlas, an attorneyu with Adorno Yoss, said he believes the cour had little choice but to levy the maximum sentencewon Madoff.
“I don’t think the victims shoulr have been victimized again by havinb him be able to leave prisonbone day,” said Atlas, whose firm continuews to advise clients about tax returnxs and possibly future claims against investment advisords who invested with Madoff. “I’m wondering if the trusted will be able to locate more than the billion plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeigtnearly $170 billion, which represents the proceeds of, and property involves in certain of his crimes, according to a news release from the U.S. Departmenft of Justice.
“While today’s sentencre is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernj District ofNew York, said in a news “We are focused on tracing, restraininf and liquidating assets to maximize recoveries for the victims.”
“I’m not surprised. That’s what he deserved,” said Adele Fox of who lost thousands of dollarseto Madoff's scheme. The mastermind behind the biggest Ponzki schemein U.S. history was sentenced on Monday morninvg in federal court in Manhattan to 150 yearsbehinf bars, the maximum requested by federal prosecutors. Madoff's attorneh had asked for a far more lenient sentence of 12 Insentencing Madoff, U.S. District Judge Denng Chin called thefraud “staggering” and said that the “breachn of trust was massive.
” The judge describec his acts as “extraordinarily “No other white-collar case is comparable in termds of the scope, duration and enormity of the fraud and the degrees of the betrayal,” Chin said. Madof f confessed in March to 11 counts including money laundering theftand perjury, among other His victims reportedly number more than 1,3090 and stretch across the globe. Their losses are estimater at morethan $13 billion. Prior to sentencing, Chin heared from nine of the victimsd who talked about thedevastation Madoff’d fraud had caused to theie lives and their families.
Many of Madoff’sz wealthy clients lived in South Floridsa and lost their life savings tohis Fox, 86, said she is stil l furious that the and the federak government didn’t expose Madoff’s fraud “The SEC is just as guilty as Madoff and they faile d us. Nobody seems to do anything aboutg it,” Fox said. She also took issue with the largde fees being paid to people such asIrving H. Picard, the trustee who is handlinvg the liquidation ofBernard L. Madoff Investmentf Securities. “The trustee Picard is making hisown They’re paying these guys millions of It would be better to pay the investors Fox said.
Fox, a widoq who once worked as secretary in New said sheinvested $50,000 in 1987 becausr she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneg back from Social Securitypayments she’d made over the yearzs on “phantom” income from Madoff accounts. she is worried that her disbursements may eventually be targete in clawback efforts by the trustee in bankruptcy proceedings who has begunj sending out letters demandintg the return of profits derivee fromtheir investments.
Guy Fronstin a Boca Raton attorney who hasadvised Fox, said the government has “been good about refunding taxes quickly” but therse are delays in processing claims to the Securities Investor Protection “Some of the people I know are too busy with thesd other issues to really care that much about what happened today. They believed he would spends the rest of his days in Fronstin said. Jan Atlas, an attorneyu with Adorno Yoss, said he believes the cour had little choice but to levy the maximum sentencewon Madoff.
“I don’t think the victims shoulr have been victimized again by havinb him be able to leave prisonbone day,” said Atlas, whose firm continuews to advise clients about tax returnxs and possibly future claims against investment advisords who invested with Madoff. “I’m wondering if the trusted will be able to locate more than the billion plusthat he’s located, and what is the real Atlas said. In addition to his priso n term, Madoff was ordered to forfeigtnearly $170 billion, which represents the proceeds of, and property involves in certain of his crimes, according to a news release from the U.S. Departmenft of Justice.
“While today’s sentencre is an important milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernj District ofNew York, said in a news “We are focused on tracing, restraininf and liquidating assets to maximize recoveries for the victims.”
Thursday, October 20, 2011
Rick Ross Postpones LA Concert, - TMZ.com
oc697vot.blogspot.com
TMZ.com | Rick Ross Postpones LA Concert, TMZ.com With his health still a major concern, Rick Ross has decided to play it easy this weekend ... rescheduling his LA concert for 2012 so he can focus on his recovery. As TMZ first reported, Rick suffered two seizures last week before a performance in ... Rick Ross Postpones Los Angeles Performance To Recover |
Tuesday, October 18, 2011
NYPD Cop Taped Making Racial Slur About Black Man After Stop-and-Frisk - ColorLines magazine
pemp66seb.blogspot.com
New York Daily News | NYPD Cop Taped Making Racial Slur About Black Man After Stop-and-Frisk ColorLines magazine A New York City Police officer has been charged with a federal civil rights violation after prosecutors said he used a racial slur while bragging that he had falsely charged a black man with resisting arrest. ... NYPD cop Michael Daragjati taped making racial slurs about black man; accused ... N.Y. officer charged with bias-based false arrest of black man NYPD Officer Charged for Lying About Raci » |
Sunday, October 16, 2011
White House wont turn over Obamas BlackBerry messages on Solyndra - Politico
uhalugupuzyma.blogspot.com
Fox News | White House wont turn over Obamas BlackBerry messages on Solyndra Politico White House Counsel Kathryn Ruemmler told House Energy and Commerce Committee leaders that they should still be happy with the trove of Solyndra-related documents they're getting from federal agencies including DOE, the Treasury Department and the ... White House counsel: Docs show no evidence that Solyndra aid was gift to ... Congress can't peek At President's Blackberry WH Nixes Hill Demand for Solyndra E-mails |
Friday, October 14, 2011
Human Capital: People on the move, July 7 - Dallas Business Journal:
http://www.jvc-abc.com/2003/news/south-korea-thailand-ready-to-battle-for-jvd-abc-title.html
, is the first graduat e of (one of the university’ s four schools) to serve as chair. She is also the daughtefr of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-based parenr company to Papa Gino’s and D’Angelo, promoter Gary Sandeen and Kathy Tirrell to executive vice president of operations forPapa Gino’s and D’Angeloi Grilled Sandwiches, respectively. , based in Boston, electex the following executives to its boarrof directors: Christopher Oddleifson , president and CEO of ; Kennet h Brennan , president of The in Norman Seppala , president of in and Kevin Bottomley , president of Danversbank .
At-larg e directors, who are appointedf for three-year terms, included Richard Bennett , president of ; John Bouche r , president of in Weymouth; John Dohertt , chairman of in Somerville; Richard Holbrook , chairman and CEO of in DennisParente , president of Foxboro Federal Savings ; and Michael Tucker , president of . Appointed at-larg e director for a one-year term was Jameds Egan , chairman of .
, is the first graduat e of (one of the university’ s four schools) to serve as chair. She is also the daughtefr of former trustee, the late Jack Papa Gino’s Inc. , the Dedham-based parenr company to Papa Gino’s and D’Angelo, promoter Gary Sandeen and Kathy Tirrell to executive vice president of operations forPapa Gino’s and D’Angeloi Grilled Sandwiches, respectively. , based in Boston, electex the following executives to its boarrof directors: Christopher Oddleifson , president and CEO of ; Kennet h Brennan , president of The in Norman Seppala , president of in and Kevin Bottomley , president of Danversbank .
At-larg e directors, who are appointedf for three-year terms, included Richard Bennett , president of ; John Bouche r , president of in Weymouth; John Dohertt , chairman of in Somerville; Richard Holbrook , chairman and CEO of in DennisParente , president of Foxboro Federal Savings ; and Michael Tucker , president of . Appointed at-larg e director for a one-year term was Jameds Egan , chairman of .
Tuesday, October 11, 2011
Ergen now ranks as richest in Colorado - Denver Business Journal:
callahamirykaan1884.blogspot.com
Forbes ranked Charlie Ergen, 54, the richesft Coloradan and No. 27 on the U.S. with a net worthn estimated at $10.2 billion. Ergenb founded satellite television company The magazines last year counted his fortuneat $7.6 Trailing Ergen are Philip Anschutz, at No. 41; John No. 188; James No. 220; Pat No. 271; and Thomas Marsico, No. 317. Marsicl dropped off the list after his last appearance in when Forbes estimated his net worthat $825 million. 52, is founder and head of and has a fortune of $1.5 billion. Of the six billionaires namesd Colorado's richest, only the second wealthiest -- Anschutz -- saw a drop in his estimated net worth, according to Forbes.
Anschutz, a 67-year-olxd financier who's made his monety from investing in everything from telecommunications tosocced teams, is worth $7.8 billion, down from $7.6 billiom in 2006. He ranked as the richesgt man in Coloradolast Malone, 66, increased his net worthy to $2.4 billion from $1.7 billion last Malone is behind the telecommunications companu . Leprino, 69, was instrumental in turning the company hisfather founded, , into the world's largesgt producer of mozzarella cheese. His fortune climbed to $2.1 billiojn from $1.5 billion. The lone woman on the list, Pat 51, is worth an estimated $1.8 billion, up from $1.4 billion in 2006.
Her grandfather founded the medicak supply company As for the richest person in theUnitecd States? Naturally, it's Bill Gates, the co-founder of Microsoft with a fortune estimated at $59 billion.
Forbes ranked Charlie Ergen, 54, the richesft Coloradan and No. 27 on the U.S. with a net worthn estimated at $10.2 billion. Ergenb founded satellite television company The magazines last year counted his fortuneat $7.6 Trailing Ergen are Philip Anschutz, at No. 41; John No. 188; James No. 220; Pat No. 271; and Thomas Marsico, No. 317. Marsicl dropped off the list after his last appearance in when Forbes estimated his net worthat $825 million. 52, is founder and head of and has a fortune of $1.5 billion. Of the six billionaires namesd Colorado's richest, only the second wealthiest -- Anschutz -- saw a drop in his estimated net worth, according to Forbes.
Anschutz, a 67-year-olxd financier who's made his monety from investing in everything from telecommunications tosocced teams, is worth $7.8 billion, down from $7.6 billiom in 2006. He ranked as the richesgt man in Coloradolast Malone, 66, increased his net worthy to $2.4 billion from $1.7 billion last Malone is behind the telecommunications companu . Leprino, 69, was instrumental in turning the company hisfather founded, , into the world's largesgt producer of mozzarella cheese. His fortune climbed to $2.1 billiojn from $1.5 billion. The lone woman on the list, Pat 51, is worth an estimated $1.8 billion, up from $1.4 billion in 2006.
Her grandfather founded the medicak supply company As for the richest person in theUnitecd States? Naturally, it's Bill Gates, the co-founder of Microsoft with a fortune estimated at $59 billion.
Sunday, October 9, 2011
Winter Park apartments sell for $4M - East Bay Business Times:
torbjorntrainer1738.blogspot.com
ONIC Golden Oaks LLC acquired the Golden Oaks apartmenta from Golden Oaks AffordablePartnerz Ltd. and Golden Oaks of Florida LP May 18, according to Orange County records. Real Estate Investment Servicese Orlando agents Patrick Skinnetr andKevin Yaryan, along with Washington agents Armanfd Tiberio, Robert Sheppard and Spencer Hurst, represented he seller, whiles Tiberio, Sheppard and Hurst also represented ONIC Goldenh Oaks. Orlando Neighborhood secured a $3.
7 million first mortgage through Seattle-based , a delegatedx underwriting andservicing lender, according to a news It also received $1 million in federalk housing funds from the Orange County Housing and Community Development Division plus additional money from a network of nonprofit organizations promotingb homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spendc $1 million improving Golden which was built in the release said. Lane Management LLC, the properth management arm of Atlanta-based Lane Co., will handl e leasing and property management.
The Orlando Neighborhood Improvement is a nonprofit developer and ownerf of affordableand mixed-income housing propertiew in Central Florida. The organization has developedor co-developed 2,5912 housing units and has 1,215 in its
ONIC Golden Oaks LLC acquired the Golden Oaks apartmenta from Golden Oaks AffordablePartnerz Ltd. and Golden Oaks of Florida LP May 18, according to Orange County records. Real Estate Investment Servicese Orlando agents Patrick Skinnetr andKevin Yaryan, along with Washington agents Armanfd Tiberio, Robert Sheppard and Spencer Hurst, represented he seller, whiles Tiberio, Sheppard and Hurst also represented ONIC Goldenh Oaks. Orlando Neighborhood secured a $3.
7 million first mortgage through Seattle-based , a delegatedx underwriting andservicing lender, according to a news It also received $1 million in federalk housing funds from the Orange County Housing and Community Development Division plus additional money from a network of nonprofit organizations promotingb homeownership and neighborhood revitalization, the release Orlando Neighborhood expects to spendc $1 million improving Golden which was built in the release said. Lane Management LLC, the properth management arm of Atlanta-based Lane Co., will handl e leasing and property management.
The Orlando Neighborhood Improvement is a nonprofit developer and ownerf of affordableand mixed-income housing propertiew in Central Florida. The organization has developedor co-developed 2,5912 housing units and has 1,215 in its
Friday, October 7, 2011
SF Mayor Newsom to Santa Clara: Don't build 49ers stadium - Charlotte Business Journal:
houghtalingbaemo1268.blogspot.com
Instead of devoting about $80 million in fundw for the proposed 68,500-seat NFL stadium, the city coulx find better things tospendc on, the San Francisco Chronicle reported that Newsom said in a meetinh with its editorial board on Monday. "That'a a lot of money to spendx on a teamthat won't even change its The Chronicle reported Newsom said. The 49era are already headquartered in Santa Clara and beganm negotiating to play in a stadium in that city after walkint away from proposals to buildf at Hunters Point Shipyard inSan Francisco.
The Sant a Clara City Council are expectesd to vote Tuesday night on a time line that wouldf put the plan forthe $937 million stadium on an electionj ballot in 2010. The city projects it will gain hundredsz of jobs and millions of dollars in annual revenue from hosting the proposed The Chronicle reported that Newsom has considerexd suing if the team tries to keep San Francisclo inits name, as the 49erz have said they intend to, but feels frustraterd about the situation: "What can I do? I can sue I can browbeat them. I'd love to keep but we can't sell our soul.
"
Instead of devoting about $80 million in fundw for the proposed 68,500-seat NFL stadium, the city coulx find better things tospendc on, the San Francisco Chronicle reported that Newsom said in a meetinh with its editorial board on Monday. "That'a a lot of money to spendx on a teamthat won't even change its The Chronicle reported Newsom said. The 49era are already headquartered in Santa Clara and beganm negotiating to play in a stadium in that city after walkint away from proposals to buildf at Hunters Point Shipyard inSan Francisco.
The Sant a Clara City Council are expectesd to vote Tuesday night on a time line that wouldf put the plan forthe $937 million stadium on an electionj ballot in 2010. The city projects it will gain hundredsz of jobs and millions of dollars in annual revenue from hosting the proposed The Chronicle reported that Newsom has considerexd suing if the team tries to keep San Francisclo inits name, as the 49erz have said they intend to, but feels frustraterd about the situation: "What can I do? I can sue I can browbeat them. I'd love to keep but we can't sell our soul.
"
Wednesday, October 5, 2011
CircuitCity.com comes back to life - Minneapolis / St. Paul Business Journal:
mesiaipuhuni1981.blogspot.com
Systemax (NYSE: SYX) said in a statement it plans to compete with other online retailer s by offeringdiscounted prices, fast shipping and a wide selectiobn of products, as well as offering photo galleries and videosw of thousands of consumer electronics and computer Before it filed for Circuit City was among Richfield-based 's biggest competitors. Systemax already has the TigerDirect.com business and acquired last year. "This acquisition and quick launch of the allnew CircuitCity.
com further solidifies Systemax's position as a leader in online retailing of value-priced, branded computers and consumerr electronics," said Richard Leeds, chairman and chief executivw officer of Systemax. "Circuit City is one of the iconif brandsin U.S. electronics retailing with a 60-yeard legacy." A check of the Web site Mondayshowed CircuitCity.com offerint everything from GPS systems to BlackBerry phones and flat-screen TVs.
Systemax (NYSE: SYX) said in a statement it plans to compete with other online retailer s by offeringdiscounted prices, fast shipping and a wide selectiobn of products, as well as offering photo galleries and videosw of thousands of consumer electronics and computer Before it filed for Circuit City was among Richfield-based 's biggest competitors. Systemax already has the TigerDirect.com business and acquired last year. "This acquisition and quick launch of the allnew CircuitCity.
com further solidifies Systemax's position as a leader in online retailing of value-priced, branded computers and consumerr electronics," said Richard Leeds, chairman and chief executivw officer of Systemax. "Circuit City is one of the iconif brandsin U.S. electronics retailing with a 60-yeard legacy." A check of the Web site Mondayshowed CircuitCity.com offerint everything from GPS systems to BlackBerry phones and flat-screen TVs.
Monday, October 3, 2011
Existing iPhone owners may face stiff upgrade cost - Denver Business Journal:
omagyvoham.wordpress.com
The prices announced, from $199 for an 16-gigabyte model to $299 for a 32-gigabytse version, only apply to "new and qualified" buyers. But existing owners who want to swap to the new devices won't get the big subsidy from the iPhone's exclusive service provider, that new customers will get. They will have to wait untio theirexisting 2-year service contract runs out to get the lowerd price. That boosts the price on the new phonesfrom $199 with a new contracr on the 16-gigabyte model to $399.
Upgrading the 32-gigabytes model will cost $499 versus $299 for new This represents a change in policy from when the current iPhone 3G was released last year and existintg owners were allowed to upgrade at the same pric asnew customers. When that however, AT&T ends up absorbing the cost of the new subsidy on the new something itapparently doesn't plan to do this MG Siegler writes on the TechCrunch blog: "Why this matterse is that the dislike of mixed with a not huge update to the iPhone and a highetr subsidized price could be a perfect storm for users that normally would not to.
I probably will because the iPhon e is integral to my work and I coulcd use more speedand power, but the fact that I’m questioniny it should say something. I didn’t questionh it for a second last year." A third and long-awaitec $99 iPhone price for the 8-gigabyte versiojn announced Monday byApplr (NASDAQ:AAPL) appears aimed at luring customers away from the new Palm Pre whoss sales began on Saturday. The Pre costs $199 with a $100 mail-inn rebate and a two-year servicw contract with (NYSE:S), its exclusivwe service provider. Palm said late on Monday that saled of the Pre broke its previousa records for anew phone, but declined to give exactg figures.
Analysts estimated that there werebetweeh 50,000 and 100,000 of the devices sold and worries that the company could face a problem in keepintg up with demand.
The prices announced, from $199 for an 16-gigabyte model to $299 for a 32-gigabytse version, only apply to "new and qualified" buyers. But existing owners who want to swap to the new devices won't get the big subsidy from the iPhone's exclusive service provider, that new customers will get. They will have to wait untio theirexisting 2-year service contract runs out to get the lowerd price. That boosts the price on the new phonesfrom $199 with a new contracr on the 16-gigabyte model to $399.
Upgrading the 32-gigabytes model will cost $499 versus $299 for new This represents a change in policy from when the current iPhone 3G was released last year and existintg owners were allowed to upgrade at the same pric asnew customers. When that however, AT&T ends up absorbing the cost of the new subsidy on the new something itapparently doesn't plan to do this MG Siegler writes on the TechCrunch blog: "Why this matterse is that the dislike of mixed with a not huge update to the iPhone and a highetr subsidized price could be a perfect storm for users that normally would not to.
I probably will because the iPhon e is integral to my work and I coulcd use more speedand power, but the fact that I’m questioniny it should say something. I didn’t questionh it for a second last year." A third and long-awaitec $99 iPhone price for the 8-gigabyte versiojn announced Monday byApplr (NASDAQ:AAPL) appears aimed at luring customers away from the new Palm Pre whoss sales began on Saturday. The Pre costs $199 with a $100 mail-inn rebate and a two-year servicw contract with (NYSE:S), its exclusivwe service provider. Palm said late on Monday that saled of the Pre broke its previousa records for anew phone, but declined to give exactg figures.
Analysts estimated that there werebetweeh 50,000 and 100,000 of the devices sold and worries that the company could face a problem in keepintg up with demand.
Saturday, October 1, 2011
Loss, sales, shares fall at Toll Brothers - Kansas City Business Journal:
gardellaorymiid1354.blogspot.com
million, and has decidesd to discontinue givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centx a share, which included pre-tax write-downs totalin $119.6 million. During the same period last year, Toll reported a $93.7 million, or 59 centsx a share, loss, which included pre-tax write-downs totaling $288.12 million. Revenue for the quartere came inat $398.3 million, a plunged of 51 percent. The average analysrt estimate forthis year’s fiscakl second quarter was a loss of 50 cents per sharer and revenue of $395 according to Thomson Reuters. Toll shares were tradinhg 6 percent lower Wednesdayat $18.35.
Thougg the housing market continue to bea challenge, Toll said it has experiencer an uptick in activity and traffic at its communities. The compangy will not provide earnings guidance becauseof “the numerous uncertaintiez related to our business,” said Joel H. chief financial officer.
million, and has decidesd to discontinue givingearnings guidance. The Horsham, Pa., company’s net loss was 52 centx a share, which included pre-tax write-downs totalin $119.6 million. During the same period last year, Toll reported a $93.7 million, or 59 centsx a share, loss, which included pre-tax write-downs totaling $288.12 million. Revenue for the quartere came inat $398.3 million, a plunged of 51 percent. The average analysrt estimate forthis year’s fiscakl second quarter was a loss of 50 cents per sharer and revenue of $395 according to Thomson Reuters. Toll shares were tradinhg 6 percent lower Wednesdayat $18.35.
Thougg the housing market continue to bea challenge, Toll said it has experiencer an uptick in activity and traffic at its communities. The compangy will not provide earnings guidance becauseof “the numerous uncertaintiez related to our business,” said Joel H. chief financial officer.
Thursday, September 29, 2011
Plaintiffs notch legal win in Ill. cigarette suit - CBS News
inufyw.blogspot.com
Plaintiffs notch legal win in Ill. cigarette suit CBS News (AP) ST. LOUIS â€" The Illinois Supreme Court on Wednesday cleared the way for plaintiffs' attorneys to push that a $10.1 billion verdict against cigarette-maker Philip Morris be revived, sending the matter back to the trial court for more hearings. ... |
Monday, September 26, 2011
Public TV business show honors local philanthropist - Tampa Bay Business Journal:
mytyhona.wordpress.com
An entrepreneur and a philanthropist, Fisher founded and served as vice chairmajn and chief financial officer until his retirementin 1980. In 1985 he endoweds the Fisher School of Accounting atthe , and later the Universityt awarded him a doctor of humane letters degree. Fishe r and his wife, Aleta, support many locaol charitable organizations. They have been active in supporting The Long Phoenix House, , Homeless Emergency Project and Clearwater for The administers their charitable funds. The focud of the program, hosted by analyst and financiall consultantGeoff Simon, represents a trend in publicx television, said Richard Lobo, president and chief executivse officer of WEDU, in a release.
"These typexs of programs are the future of publixctelevision stations. WEDU is returning to its rootsw and featuring more and morelocaol programming," Lobo said. Simonh received his an executive MBA from the Universithy of South Florida College of Businesxs Administration and an undergraduate degree with honors from the Universithy of Wisconsin Collegeof Journalism. WEDU is one of two publi c TV stations in west centrap Floridaserving Tampa, St. Petersburg and Sarasota.
WEDU is supportedf primarily through individual memberships and isthe most-watcher PBS station in Florida, broadcastiny to 16 counties, it said in the
An entrepreneur and a philanthropist, Fisher founded and served as vice chairmajn and chief financial officer until his retirementin 1980. In 1985 he endoweds the Fisher School of Accounting atthe , and later the Universityt awarded him a doctor of humane letters degree. Fishe r and his wife, Aleta, support many locaol charitable organizations. They have been active in supporting The Long Phoenix House, , Homeless Emergency Project and Clearwater for The administers their charitable funds. The focud of the program, hosted by analyst and financiall consultantGeoff Simon, represents a trend in publicx television, said Richard Lobo, president and chief executivse officer of WEDU, in a release.
"These typexs of programs are the future of publixctelevision stations. WEDU is returning to its rootsw and featuring more and morelocaol programming," Lobo said. Simonh received his an executive MBA from the Universithy of South Florida College of Businesxs Administration and an undergraduate degree with honors from the Universithy of Wisconsin Collegeof Journalism. WEDU is one of two publi c TV stations in west centrap Floridaserving Tampa, St. Petersburg and Sarasota.
WEDU is supportedf primarily through individual memberships and isthe most-watcher PBS station in Florida, broadcastiny to 16 counties, it said in the
Saturday, September 24, 2011
Cal State San Bernardino hosting cultural conference; Native American Day on ... - San Bernardino Sun
ucenyt.wordpress.com
Cal State San Bernardino hosting cultural conference; Native American Day on ... San Bernardino Sun Wally "Uncle Wally" Antone, right, of the Quechan Tribe and others sing Native American bird songs during the California Native American Day at Cal State University San Bernardino on Friday, September 24, 2010. (Al Cuizon) Gourd rattles, ... |
Thursday, September 22, 2011
Pedal to Properties leases Boulder office space - Denver Business Journal:
dawojetos.blogspot.com
The residential real estate firm’s newly leaser space is at 1949Pearl St., a location in the Pearkl Street Mall area previously occupied by Besos boutique. The space will be the company’e new flagship office, and is expecte d to open in July. “This is an excellenr location that affords us visibilityand access,” company founded and President Matt Kolb said in a statement. Pedal to Properties is a residential real estatew firm that gives clients the option of looking at homezby bicycle. The company maintains a fleet of 50 ElectraCruiser bikes. , the real estate brokerag e is expanding because of a new capital infusion from attorney Tim now half-owner and president for U.
S. operations of Pedal to Majors, who’s originally from Perth, Australia, approached Kolb about investingt his firm after looking at Bouldedr propertiesby bicycle. In additiobn to expanding in Boulder, Pedal to Properties plans to look at openinvg branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interested in using the Boulder operational formula intheir markets.
The residential real estate firm’s newly leaser space is at 1949Pearl St., a location in the Pearkl Street Mall area previously occupied by Besos boutique. The space will be the company’e new flagship office, and is expecte d to open in July. “This is an excellenr location that affords us visibilityand access,” company founded and President Matt Kolb said in a statement. Pedal to Properties is a residential real estatew firm that gives clients the option of looking at homezby bicycle. The company maintains a fleet of 50 ElectraCruiser bikes. , the real estate brokerag e is expanding because of a new capital infusion from attorney Tim now half-owner and president for U.
S. operations of Pedal to Majors, who’s originally from Perth, Australia, approached Kolb about investingt his firm after looking at Bouldedr propertiesby bicycle. In additiobn to expanding in Boulder, Pedal to Properties plans to look at openinvg branch officesin other, unspecified U.S. markets. In May, the compant launched a licensee designation for brokers interested in using the Boulder operational formula intheir markets.
Tuesday, September 20, 2011
Drop in bookings may spur ski resorts to offer incentives - Denver Business Journal:
inofiquxi.wordpress.com
Boulder travel company SkiColorado.com had a 30 percenrt decline in advanced room bookings at Colorado ski resorts in September fromSeptember 2007. Last ski the company fed $13 million in revenue into the Coloradooski industry, which was up 15 percent from the 2006-2007 season. SkiColorado.co forecasts a 15 percent dip in bookings for theupcoming season. As a result, the companyy laid off seven employeesthis fall. we had to let our lowesft production salesagents go,” said Kristenn Cherry, director of operations. in August, we hire five to seven sales agents.
” The company booked 25,000 room nightd at Colorado mountain resorts last ski with condominiums accounting for 70 percenft ofthe bookings, multimillion-dollar homesx for 10 percent to 15 percent, and the rest goinv to hotels. , whicy owns and operates Vail, Beaverr Creek, Breckenridge and Keystone in Colorado, alonbg with several hotels, reported a 17 perceny drop in advanced bookingsthrough Sept.
25, accordingg to its fourth-quarter earnings report releasedlast Ski-pass sales were down 8 “As an update on our season pass salezs and lodging booking for the upcominyg season, we’ve certainly begun to see the impact of the currenr economic softness during thesd unprecedented times,” Vail Resorts CEO Rob Katz said in the fourth-quartef conference call last month. “Whether these results represeny guests delaying their purchases or signs of a visitation declinre for the upcoming season is not somethinb we candiscern yet, as we clearly have less visibilityt into these early-season indicators.
” also has made fewerf season-pass sales, but spokeswoman Leigh Hierholzedr declined to quantify the decrease. Another online bookinb company, Ski.com, said booking have been down. “It’s down in the single said Dan Sherman, Ski.com spokesman, adding that the company expectsthis season’s bookings to be on pace with two years ago. To boosr business, Ski.com and mountain resorts are offering booking incentivexto consumers, such as free lift free spa credits and packagwe deals, earlier than usual.
tracks ski resort trendas each year, and CEO Melanie Mills said this season will be an excellengt time to watchfor “It’s going to be a great winte for those who live on the Front Rangee in Colorado, because I imaginde there’s going to be a lot of greaft deals to get people to ski in the she said.
Boulder travel company SkiColorado.com had a 30 percenrt decline in advanced room bookings at Colorado ski resorts in September fromSeptember 2007. Last ski the company fed $13 million in revenue into the Coloradooski industry, which was up 15 percent from the 2006-2007 season. SkiColorado.co forecasts a 15 percent dip in bookings for theupcoming season. As a result, the companyy laid off seven employeesthis fall. we had to let our lowesft production salesagents go,” said Kristenn Cherry, director of operations. in August, we hire five to seven sales agents.
” The company booked 25,000 room nightd at Colorado mountain resorts last ski with condominiums accounting for 70 percenft ofthe bookings, multimillion-dollar homesx for 10 percent to 15 percent, and the rest goinv to hotels. , whicy owns and operates Vail, Beaverr Creek, Breckenridge and Keystone in Colorado, alonbg with several hotels, reported a 17 perceny drop in advanced bookingsthrough Sept.
25, accordingg to its fourth-quarter earnings report releasedlast Ski-pass sales were down 8 “As an update on our season pass salezs and lodging booking for the upcominyg season, we’ve certainly begun to see the impact of the currenr economic softness during thesd unprecedented times,” Vail Resorts CEO Rob Katz said in the fourth-quartef conference call last month. “Whether these results represeny guests delaying their purchases or signs of a visitation declinre for the upcoming season is not somethinb we candiscern yet, as we clearly have less visibilityt into these early-season indicators.
” also has made fewerf season-pass sales, but spokeswoman Leigh Hierholzedr declined to quantify the decrease. Another online bookinb company, Ski.com, said booking have been down. “It’s down in the single said Dan Sherman, Ski.com spokesman, adding that the company expectsthis season’s bookings to be on pace with two years ago. To boosr business, Ski.com and mountain resorts are offering booking incentivexto consumers, such as free lift free spa credits and packagwe deals, earlier than usual.
tracks ski resort trendas each year, and CEO Melanie Mills said this season will be an excellengt time to watchfor “It’s going to be a great winte for those who live on the Front Rangee in Colorado, because I imaginde there’s going to be a lot of greaft deals to get people to ski in the she said.
Sunday, September 18, 2011
Finding reasons, solutions when buying decisions are put on hold - Minneapolis / St. Paul Business Journal:
oryucyjofec1482.blogspot.com
The challenge is determining if the delah is adisguised objection, an unresolved concern, an excusde or real. Most how can you get to the truth and move thesale forward? Buyers are like Wall Street: Neither likes Understanding risk can help you smooth the progress toward a Caution is an indication of risk and it’s rampant right now. Sellers become too, not wanting to hear a negative But consider that getting a negative decision now is bettef than getting one after investing energy and resources pursuing a prospect for weekds oreven months.
Try facilitating a discussion around best-case and worst-case What is the worsgt case if theydo nothing, and what is the best case if they move forward? What is the worst-case scenario if they buy now, and what is the best case if they delah the decision? Having this conversation gives you the opportunity to influence theitr thought process and provide input into the scenarios. Threre common themes emerge as reasons fordelayed decisions, whic are incomplete or poor initial qualification, unansweresd concerns and changes in priorities. Where you are, what to do Did you just take the prospect’zs word that they coulds benefit fromwhat you’re selling?
Qualifying the need means gaining evidencs that their situation justifies the purchase. For everyone wants new office furniture, but how does not buyingy it now affectthe company? It coulde range from lost productivity to poor market image to no effect at all. If there’ds evidence of significant impact, the urgency to make a purchaseis It’s also important to acquire the perspectiv of all involved decisiohn makers to identify roadblocks.
It’s rare for everyone to agreew on needs and priorities within a Withoutthis information, it’s difficult to implemenft a strategy to move Opportunities that need funding or that are waiting for fundinf are less likely to closwe than those that have a budgety allocated. Risk-adverse sellers avoid having the early crucial conversationa about budgetsand money. Hoping that traditional benefits will carryu the decision is riskier than having a direct and franlk discussion about the investment requirements early in thesalew process. There is a difference between not having the budget and being unwilling to invesrtthe budget.
One is a logistical problekm while the other is a perceiveedvalue problem. You can’t fix logistics, but you can address In a cautionary climate, you must run an game and qualify thoroughly. A presentatioj or proposal that is prematurse will automatically generatea stall. Buyers unconsciously go through three major phasesof First, they evaluate if they have a need that is severde enough to fix. Once a need is clear, the assessmen of options occurs.
The challenge is determining if the delah is adisguised objection, an unresolved concern, an excusde or real. Most how can you get to the truth and move thesale forward? Buyers are like Wall Street: Neither likes Understanding risk can help you smooth the progress toward a Caution is an indication of risk and it’s rampant right now. Sellers become too, not wanting to hear a negative But consider that getting a negative decision now is bettef than getting one after investing energy and resources pursuing a prospect for weekds oreven months.
Try facilitating a discussion around best-case and worst-case What is the worsgt case if theydo nothing, and what is the best case if they move forward? What is the worst-case scenario if they buy now, and what is the best case if they delah the decision? Having this conversation gives you the opportunity to influence theitr thought process and provide input into the scenarios. Threre common themes emerge as reasons fordelayed decisions, whic are incomplete or poor initial qualification, unansweresd concerns and changes in priorities. Where you are, what to do Did you just take the prospect’zs word that they coulds benefit fromwhat you’re selling?
Qualifying the need means gaining evidencs that their situation justifies the purchase. For everyone wants new office furniture, but how does not buyingy it now affectthe company? It coulde range from lost productivity to poor market image to no effect at all. If there’ds evidence of significant impact, the urgency to make a purchaseis It’s also important to acquire the perspectiv of all involved decisiohn makers to identify roadblocks.
It’s rare for everyone to agreew on needs and priorities within a Withoutthis information, it’s difficult to implemenft a strategy to move Opportunities that need funding or that are waiting for fundinf are less likely to closwe than those that have a budgety allocated. Risk-adverse sellers avoid having the early crucial conversationa about budgetsand money. Hoping that traditional benefits will carryu the decision is riskier than having a direct and franlk discussion about the investment requirements early in thesalew process. There is a difference between not having the budget and being unwilling to invesrtthe budget.
One is a logistical problekm while the other is a perceiveedvalue problem. You can’t fix logistics, but you can address In a cautionary climate, you must run an game and qualify thoroughly. A presentatioj or proposal that is prematurse will automatically generatea stall. Buyers unconsciously go through three major phasesof First, they evaluate if they have a need that is severde enough to fix. Once a need is clear, the assessmen of options occurs.
Friday, September 16, 2011
Clear: No refunds - Houston Business Journal:
amesit.wordpress.com
On its Web site, blamed its financial conditionb for its inability to handout refunds. The company shut down its lanes at and other airports on Mondauy night because it failed to come to termd with a major New York-based Verified Identity Pass said earlier this week it “hass been unable to negotiate an agreement with its senior creditor to continud operations.” Last March, the companyu reported 20,000 registered travelers in metro Atlanta. Clear memberas paid up to $199 for an annual membership for accesz to designated security lanes at participatingairportz nationwide.
Members provided biometric data, which was encoded on a for the promise of a speedier and convenientf trip through airport CLEAR lanes opened at the airporf about the same time as an expansion of the main securitt lanesat Hartsfield-Jackson. The new additions includede lanes designed specifically forexperienced travelers. Airport officiala have said the added lanez have kept security wait times beloe 10 minuteson average, whicj might have made CLEAR lanes less advantageous to In other company news, Verified Identity Pass said applicanf and member data is currently secured in accordance with the ’d Security, Privacy and Compliance Standards.
It said it will continuw to secure such information and will take appropriat steps to deletethe information.
On its Web site, blamed its financial conditionb for its inability to handout refunds. The company shut down its lanes at and other airports on Mondauy night because it failed to come to termd with a major New York-based Verified Identity Pass said earlier this week it “hass been unable to negotiate an agreement with its senior creditor to continud operations.” Last March, the companyu reported 20,000 registered travelers in metro Atlanta. Clear memberas paid up to $199 for an annual membership for accesz to designated security lanes at participatingairportz nationwide.
Members provided biometric data, which was encoded on a for the promise of a speedier and convenientf trip through airport CLEAR lanes opened at the airporf about the same time as an expansion of the main securitt lanesat Hartsfield-Jackson. The new additions includede lanes designed specifically forexperienced travelers. Airport officiala have said the added lanez have kept security wait times beloe 10 minuteson average, whicj might have made CLEAR lanes less advantageous to In other company news, Verified Identity Pass said applicanf and member data is currently secured in accordance with the ’d Security, Privacy and Compliance Standards.
It said it will continuw to secure such information and will take appropriat steps to deletethe information.
Wednesday, September 14, 2011
Shoe print found in search for autistic boy lost in forest - Los Angeles Times
ymekovo.wordpress.com
Shoe print found in search for autistic boy lost in forest Los Angeles Times San Bernardino County Sheriff's Lt. Rick Ells told KTLA News that searchers found what they believed to be a shoe print in the forest. More than 60 deputies and California Highway Patrol officers are looking for the boy, and a helicopter is in the air, ... |
Sunday, September 11, 2011
Tech companies help clients win stimulus funds - Silicon Valley / San Jose Business Journal:
coeragnheidur3778.blogspot.com
By helping their clients get some ofthe $100 billion in federal stimulus money earmarked for technologyu spending, companies like , , and hope to stem an expected revenue decline as corporations and institutions cancel projectw in the economic downturn. Cisco Systems Inc. (NASDAQ:CSCO) has set up with videods and links to information on what fundsa are available and how to IBM (NYSE:IBM) is offering a software program designex to help companies monitor how they're spending stimulusz funds and has held online seminarz on how federal funds are being distributed.
Its efforts were criticizecd last month, however, by labor groupzs who said it was trying to capitalizw on federal tech stimulus spending whilesendingy U.S. jobs to India. The Wall Streer Journal reports that Oracle has also scheduled an event for this month in whichn it will offer advice on how to winstimuluzs money, while Microsoft (NASDAQ:MSFT) has trained sales staff to help customerzs apply for funding. , whichn is supported by funds from a numbet of tech companies in the partneredwith Washington, D.C.
-based LLC on a March 27 symposium on stimulus “Even the most sophisticatefd organizations are still tryinv to get their arms aroun d the stimulus funding because they realize this is an incredibls business opportunity,” said Al Gordon, CEO of Nationaol Strategies.
By helping their clients get some ofthe $100 billion in federal stimulus money earmarked for technologyu spending, companies like , , and hope to stem an expected revenue decline as corporations and institutions cancel projectw in the economic downturn. Cisco Systems Inc. (NASDAQ:CSCO) has set up with videods and links to information on what fundsa are available and how to IBM (NYSE:IBM) is offering a software program designex to help companies monitor how they're spending stimulusz funds and has held online seminarz on how federal funds are being distributed.
Its efforts were criticizecd last month, however, by labor groupzs who said it was trying to capitalizw on federal tech stimulus spending whilesendingy U.S. jobs to India. The Wall Streer Journal reports that Oracle has also scheduled an event for this month in whichn it will offer advice on how to winstimuluzs money, while Microsoft (NASDAQ:MSFT) has trained sales staff to help customerzs apply for funding. , whichn is supported by funds from a numbet of tech companies in the partneredwith Washington, D.C.
-based LLC on a March 27 symposium on stimulus “Even the most sophisticatefd organizations are still tryinv to get their arms aroun d the stimulus funding because they realize this is an incredibls business opportunity,” said Al Gordon, CEO of Nationaol Strategies.
Friday, September 9, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - Business First of Buffalo:
http://gipnotizer.com/Privacy-Policy/
That would be on top of his offerdof $213 million for the financiallgy troubled hockey team to Coyotes ownert Jerry Moyes. U.S. Bankruptcy Court Judgse Redfield Baum is hearin arguments Tuesday on whether the Coyotez can move to Canada as part of theird Chapter 11bankruptcy reorganization. Baum is not expectecd to rule on thematter Tuesday, but focusedx on rights and some kind of relocation fee to reimbursde the league for its lost expansioh team opportunity in Hamilton should the Coyotes move there.
The $100 millionj figure was cited in court NHL Commissioner Gary Bettman declined to commen t outside the downtown Phoenix bankruptcy court onthe $100 millio or what a relocation fee might entail. The NHL and othere pro sports leagues are fighting the Coyotes move sayingb it could prompt other teamsx to file bankruptcy in an attempt to move to other markets. Baum, however, noted that moves by the Baltimored Colts, San Diego Clippers and othera have not hada long-term detrimentaol impact on pro sports.
NHL representatives said Tuesday that the league will continued to fund the Coyotes through next season ifneed be, and its priorit y is an ownership group that would keep the team in If that’s not possible, then bidders looking to move the team couldf be considered, officials said. Balsillie contends that NHL hockey is not financiallyg viable in the Phoenix marke t and is pushing for his offer to be approved by the end of The Coyotes have lost morethan $300 millionj since moving to the Phoenixz market in 1996 from Winnipeg. The court hearing was slaterd to continue Tuesday afternoon includintg arguments against the Coyotes move from the cityof Glendale, whicbh owns Jobing.
com Arena where the hockey team
That would be on top of his offerdof $213 million for the financiallgy troubled hockey team to Coyotes ownert Jerry Moyes. U.S. Bankruptcy Court Judgse Redfield Baum is hearin arguments Tuesday on whether the Coyotez can move to Canada as part of theird Chapter 11bankruptcy reorganization. Baum is not expectecd to rule on thematter Tuesday, but focusedx on rights and some kind of relocation fee to reimbursde the league for its lost expansioh team opportunity in Hamilton should the Coyotes move there.
The $100 millionj figure was cited in court NHL Commissioner Gary Bettman declined to commen t outside the downtown Phoenix bankruptcy court onthe $100 millio or what a relocation fee might entail. The NHL and othere pro sports leagues are fighting the Coyotes move sayingb it could prompt other teamsx to file bankruptcy in an attempt to move to other markets. Baum, however, noted that moves by the Baltimored Colts, San Diego Clippers and othera have not hada long-term detrimentaol impact on pro sports.
NHL representatives said Tuesday that the league will continued to fund the Coyotes through next season ifneed be, and its priorit y is an ownership group that would keep the team in If that’s not possible, then bidders looking to move the team couldf be considered, officials said. Balsillie contends that NHL hockey is not financiallyg viable in the Phoenix marke t and is pushing for his offer to be approved by the end of The Coyotes have lost morethan $300 millionj since moving to the Phoenixz market in 1996 from Winnipeg. The court hearing was slaterd to continue Tuesday afternoon includintg arguments against the Coyotes move from the cityof Glendale, whicbh owns Jobing.
com Arena where the hockey team
Wednesday, September 7, 2011
Study: Florida a judicial
dudorovanaapyh.blogspot.com
The report, which lists what it callsa some ofthe nation’s “mosr unfair civic court jurisdictions” notes that “many judges in Soutyh Florida continually allow the plaintiffs' bar to push the envelopes of civil justice. And with the state'se high court as unpredictable asit is, there's no confidencd that improper trial court rulings will be corrected on The report is being criticized by the , whicn represents trial lawyers, as "widely debunked" and funder by "negligent corporations and industries to undermine the civik justice system.
" "ATRA's tobacco and insurance financierds spend millions on junk reports so they can continue theie negligent behavior and avoid accountabilty," Jon CEO of the American Association for The foundation, meantime, notes that lawsuit abuses have a negatived impact not only on the nation’w economy, but also on individual state’s economies. "Evergy dollar spent defending against a speculative lawsuitr is a dollarthat won't be spent on researcb and development, capital investment, worker training or job creation,” ATRF President Tigeer Joyce said.
“Unfortunately, for those living in Hellholexs jurisdictions during this economic it can be that much harder to find or keep a job and get criticall healthcare services, as employers and doctors are driveb away by the threat of costly litigation." Click for the full
The report, which lists what it callsa some ofthe nation’s “mosr unfair civic court jurisdictions” notes that “many judges in Soutyh Florida continually allow the plaintiffs' bar to push the envelopes of civil justice. And with the state'se high court as unpredictable asit is, there's no confidencd that improper trial court rulings will be corrected on The report is being criticized by the , whicn represents trial lawyers, as "widely debunked" and funder by "negligent corporations and industries to undermine the civik justice system.
" "ATRA's tobacco and insurance financierds spend millions on junk reports so they can continue theie negligent behavior and avoid accountabilty," Jon CEO of the American Association for The foundation, meantime, notes that lawsuit abuses have a negatived impact not only on the nation’w economy, but also on individual state’s economies. "Evergy dollar spent defending against a speculative lawsuitr is a dollarthat won't be spent on researcb and development, capital investment, worker training or job creation,” ATRF President Tigeer Joyce said.
“Unfortunately, for those living in Hellholexs jurisdictions during this economic it can be that much harder to find or keep a job and get criticall healthcare services, as employers and doctors are driveb away by the threat of costly litigation." Click for the full
Monday, September 5, 2011
Boston-area home prices rose 3.7% in May - Boston Business Journal:
http://big-pop.net/?f=5&n=7
percent in May, offering a rare piec of positive news in a housing market that has tumblexdsome 10.8 percent since its peak in 2006. The locapl real estate data was part of a broaderf study of home prices that showeda 1.6 percen t increase in the United States from the end of April through the end of May. Nationally, home prices are stillk down 10.5 percent year-over-year. The report, by LLC, showesd the strongest gain inthe Northeast, where prices rose 3.2 percent.Suffolk County saw the strongest gain rising 5.9 percent over May's Still, Suffolk County home prices, which includess sales in Boston proper, are down some 18.2 percent sincer the peak, according to IAS.
Other counties to see increases in May includedMiddlesecx (4.5 percent), Plymouth (2 percent), Essex (3.2 and Norfolk (1.9 percent). On a year-over-year basis, pricex were down across the boardcin Massachusetts, with Norfolk (down 11.8 and Essex (13.7 leading the declines among local In the West, prices rose 0.9 percent, the smallesg jump in the IAS report. The South, the only regioj to see a house price drop in rose 1.1 percent in May. Dave McCarthy, presidentt and CEO of IntegratedAssef Services, called the results encouraging, though he said the data “hardlyu signals a turn in the national housing market.” Las Vegas saw home priced continue to drop, the report said.
There they fell 0.9 percentt in May. Integrated Asset Services is privatelyg held and basedin Denver. It specializes in defaulrt mortgage services.
percent in May, offering a rare piec of positive news in a housing market that has tumblexdsome 10.8 percent since its peak in 2006. The locapl real estate data was part of a broaderf study of home prices that showeda 1.6 percen t increase in the United States from the end of April through the end of May. Nationally, home prices are stillk down 10.5 percent year-over-year. The report, by LLC, showesd the strongest gain inthe Northeast, where prices rose 3.2 percent.Suffolk County saw the strongest gain rising 5.9 percent over May's Still, Suffolk County home prices, which includess sales in Boston proper, are down some 18.2 percent sincer the peak, according to IAS.
Other counties to see increases in May includedMiddlesecx (4.5 percent), Plymouth (2 percent), Essex (3.2 and Norfolk (1.9 percent). On a year-over-year basis, pricex were down across the boardcin Massachusetts, with Norfolk (down 11.8 and Essex (13.7 leading the declines among local In the West, prices rose 0.9 percent, the smallesg jump in the IAS report. The South, the only regioj to see a house price drop in rose 1.1 percent in May. Dave McCarthy, presidentt and CEO of IntegratedAssef Services, called the results encouraging, though he said the data “hardlyu signals a turn in the national housing market.” Las Vegas saw home priced continue to drop, the report said.
There they fell 0.9 percentt in May. Integrated Asset Services is privatelyg held and basedin Denver. It specializes in defaulrt mortgage services.
Saturday, September 3, 2011
Colorado skier visits down 5.5% for the season - Portland Business Journal:
opexibu.wordpress.com
percent from last year, reported But the state’s ski resorts had an upticj in visits by Front Range andMelanie Mills, Ski Country’s president and CEO, pronounced herself “very happy with where visitation is for this “The travel industry as a whole was put to the test this past Mills said in a “But visitation numbers show not only the enduringh value of a Colorado ski but the strong commitment our resident skiing and riding community has to our state’ss signature sports.” Ski Country is a marketingg and trade group for 22 Colorado mountain resorts. Those member resorts alone recorder 6.79 million skier visits this season, down 6.
9 perceny from the previous year, Ski Countrgy said. Member resort numbers for 2008-09 were down 3.9 percent from the average of the last five SkiCountry said. Ski Country said that in-states resort visits were up 2.5 percent over last as Front Range residents took advantaged of bargains and stayed closer to home to keep down vacatio n andrecreations costs. Ski areas operated by Broomfield-basedx aren’t members of Ski Those resortsinclude Breckenridge, Vail, Beaveer Creek and Keystone. Vail Resorts last week said its total skier visits at all itsresorts — includinf Heavenly in California-Nevada — were down 5.3 percentf from the previous season.
percent from last year, reported But the state’s ski resorts had an upticj in visits by Front Range andMelanie Mills, Ski Country’s president and CEO, pronounced herself “very happy with where visitation is for this “The travel industry as a whole was put to the test this past Mills said in a “But visitation numbers show not only the enduringh value of a Colorado ski but the strong commitment our resident skiing and riding community has to our state’ss signature sports.” Ski Country is a marketingg and trade group for 22 Colorado mountain resorts. Those member resorts alone recorder 6.79 million skier visits this season, down 6.
9 perceny from the previous year, Ski Countrgy said. Member resort numbers for 2008-09 were down 3.9 percent from the average of the last five SkiCountry said. Ski Country said that in-states resort visits were up 2.5 percent over last as Front Range residents took advantaged of bargains and stayed closer to home to keep down vacatio n andrecreations costs. Ski areas operated by Broomfield-basedx aren’t members of Ski Those resortsinclude Breckenridge, Vail, Beaveer Creek and Keystone. Vail Resorts last week said its total skier visits at all itsresorts — includinf Heavenly in California-Nevada — were down 5.3 percentf from the previous season.
Wednesday, August 31, 2011
Economic summit: Alex Sanchez advises against overspending - South Florida Business Journal:
haygoodfoafyga1359.blogspot.com
In the wake of the “liquidity between 2003 and 2007, Floridiane should return to fundamentals andstay "calm and Sanchez said. Bankers still want to make loans and most bankers are workingwith "folks in need," he “If a banker does not make loanse the bank does not make money,” he A bank would rather arrange a payment plan to keep peopled in their homes than foreclose, he said. Sanchezz showed less patience with realestatd “flippers,” even those left with severalp condos and facing foreclosure. He said the only flipperz he wants to see in the state are in the Throughoutthe address, Sanchesz stressed the importance of regulation.
Regulators have the power to keepmoney safe, he said. A crowd of 150 businesspeopld turned out for the Wednesdahy morning meeting atthe . of Palm Harbotr sponsored the event. Florida Bankers , , and also sponsored the breakfast
In the wake of the “liquidity between 2003 and 2007, Floridiane should return to fundamentals andstay "calm and Sanchez said. Bankers still want to make loans and most bankers are workingwith "folks in need," he “If a banker does not make loanse the bank does not make money,” he A bank would rather arrange a payment plan to keep peopled in their homes than foreclose, he said. Sanchezz showed less patience with realestatd “flippers,” even those left with severalp condos and facing foreclosure. He said the only flipperz he wants to see in the state are in the Throughoutthe address, Sanchesz stressed the importance of regulation.
Regulators have the power to keepmoney safe, he said. A crowd of 150 businesspeopld turned out for the Wednesdahy morning meeting atthe . of Palm Harbotr sponsored the event. Florida Bankers , , and also sponsored the breakfast
Monday, August 29, 2011
Ky. video-gaming bill dies in Senate committee - Charlotte Business Journal:
oryzacody.wordpress.com
The Senate Appropriations Revenue Committee, on Monday voted 10-5 against the measure, with two members according to theLexington Herald-Leader. The House had previousl y passedthe bill. The legislation would have permitted video-lottert terminals at Kentucky horse tracks, includiny Turfway Park in Florence. "The limited gaming proposal was designed to help save a signaturer industry inperil – an industry that meansd 100,000 jobs and $4 billion in investmeng for our state," said Gov. Steve Besheare in a Monday evening statement. "It is unfortunated that every voice on this critically importany issue was not heard and everyh votenot counted.
" At a Frankforty press conference, Turfway Park President Bob Elliston said Turfwagy could close by 2010 if Ohio passes gamingf legislation and Kentucky does not. Ohio Gov. Ted Stricklandx recently reversed his stance against gamblingat
The Senate Appropriations Revenue Committee, on Monday voted 10-5 against the measure, with two members according to theLexington Herald-Leader. The House had previousl y passedthe bill. The legislation would have permitted video-lottert terminals at Kentucky horse tracks, includiny Turfway Park in Florence. "The limited gaming proposal was designed to help save a signaturer industry inperil – an industry that meansd 100,000 jobs and $4 billion in investmeng for our state," said Gov. Steve Besheare in a Monday evening statement. "It is unfortunated that every voice on this critically importany issue was not heard and everyh votenot counted.
" At a Frankforty press conference, Turfway Park President Bob Elliston said Turfwagy could close by 2010 if Ohio passes gamingf legislation and Kentucky does not. Ohio Gov. Ted Stricklandx recently reversed his stance against gamblingat
Saturday, August 27, 2011
Jacobs Accepts No. 2 Role in the Giants' Backfield - New York Times
ycoguqi.wordpress.com
New York Daily News | Jacobs Accepts No. 2 Role in the Giants' Backfield New York Times EAST RUTHERFORD, NJ â€" A year ago, Brandon Jacobs seemed combative and frustrated, his disappointment about the role he was given in the Giants' running game evident. This season, Jacobs has appeared more accepting and at ease, ... JACOBS ADDS GASOLINE TO HIS OWN FIRE Jacobs out to prove himself again Giants' Brandon Jacobs ready to carry the load again at running back again as ... |
Thursday, August 25, 2011
Tuesday, August 23, 2011
Bankruptcy judge OKs sale of GM's assets - Tampa Bay Business Journal:
http://www.astanda.com/Download_Network_and_Internet/FTP_Clients/index3.html
led by the U.S. government. Judge Robert Gerbert of the U.S. Bankruptcy Court for the Southern District of New York overroder the objections of several agreeing with GM that the sale was needec to keep the automaker in Gerber approved the sale toNGMCO Inc., an entity fundedx by the U.S. Treasuryt Department. Gerber’s order included a four-day stay before the sale could close. The Detroit-based company for Chapter 11 bankruptcygJune 1. Gerber's decisioj sets the stage for the new GM to emergee frombankruptcy Thursday. Besides the U.S.
the Canadian government and health-care trust for the Unitedd Auto Workers will have stakes in the new NGMCO will change its name to GeneralMotorzs Co. and continue to operate under GM’x corporate and sub-brands, GM (NYSE: GM) said in a Monda release. The government hopes to take GM publifin 2010. In the meantime, the old GM will change its name to MotorasLiquidation Co. and will remaimn in bankruptcy as trusteew wind downthe business. GM that as part of its it will lay offanother 21,000 close at least a dozen plants and end its relationshipa with about 6,000 dealers, including some 38 in Missour and 66 in Illinois.
As of the end of Missouri had 160 GM dealerships and Illinoishad 315. GM planw to cut a shift from its Wentzville plant in 887 workers, or nearly half its hourlg work force there. Feeling pressur e from more than a dozenm attorneysgeneral nationwide, including from Missouri and Illinois General Motors Corp. has agreed to assume liability for injurieas drivers suffer from car defectd after the automaker emerges from Buton Monday, the Chicago-based filed notice of appeal on behalf of individuals who have sued GM with product-liabilitty claims.
led by the U.S. government. Judge Robert Gerbert of the U.S. Bankruptcy Court for the Southern District of New York overroder the objections of several agreeing with GM that the sale was needec to keep the automaker in Gerber approved the sale toNGMCO Inc., an entity fundedx by the U.S. Treasuryt Department. Gerber’s order included a four-day stay before the sale could close. The Detroit-based company for Chapter 11 bankruptcygJune 1. Gerber's decisioj sets the stage for the new GM to emergee frombankruptcy Thursday. Besides the U.S.
the Canadian government and health-care trust for the Unitedd Auto Workers will have stakes in the new NGMCO will change its name to GeneralMotorzs Co. and continue to operate under GM’x corporate and sub-brands, GM (NYSE: GM) said in a Monda release. The government hopes to take GM publifin 2010. In the meantime, the old GM will change its name to MotorasLiquidation Co. and will remaimn in bankruptcy as trusteew wind downthe business. GM that as part of its it will lay offanother 21,000 close at least a dozen plants and end its relationshipa with about 6,000 dealers, including some 38 in Missour and 66 in Illinois.
As of the end of Missouri had 160 GM dealerships and Illinoishad 315. GM planw to cut a shift from its Wentzville plant in 887 workers, or nearly half its hourlg work force there. Feeling pressur e from more than a dozenm attorneysgeneral nationwide, including from Missouri and Illinois General Motors Corp. has agreed to assume liability for injurieas drivers suffer from car defectd after the automaker emerges from Buton Monday, the Chicago-based filed notice of appeal on behalf of individuals who have sued GM with product-liabilitty claims.
Saturday, August 20, 2011
MLB Standings Update: Only 13 Teams Are Legitimately In Contention With 7 ... - SB Nation
vavyzina.wordpress.com
MLB Standings Update: Only 13 Teams Are Legitimately In Contention With 7 ... SB Nation As the season begins to wind down, only 13 teams can truly be considered to be in contention for either a division title or a Wild Card, although I will add one more team this week that is on the very edge of contention. With seven weeks to go, ... |
Thursday, August 18, 2011
Tuesday, August 16, 2011
IN RE ADOPTION OF MODULE 3 HOUSING ELEMENT - Leagle.com
vuwodu.wordpress.com
IN RE ADOPTION OF MODULE 3 HOUSING ELEMENT Leagle.com IN RE ADOPTION OF MODULE 3 HOUSING ELEMENT AND FAIR SHARE PLAN INSTRUCTIONS BY THE EXECUTIVE DIRECTOR OF THE HIGHLANDS COUNCIL. Kevin D. Walsh argued the cause for appellant Fair Share Housing Center (Fair Share Housing Center, attorneys; Mr. Walsh, ... |
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