Steven Jackson quashes his own retirement rumor NFL News Jackson, 29, finished with 1,042 yards on the season, becoming the sixth player in NFL history to post eight consecutive 1,000-yard seasons. Jackson averaged 4.1 yards-per-carry on 257 touches, proving nearly 2,400 career carries haven't sapped him of ... |
Sunday, December 30, 2012
Steven Jackson quashes his own retirement rumor - NFL News
aleksanovlsys.blogspot.com
Saturday, December 29, 2012
Tighter credit makes franchising a harder nut - Phoenix Business Journal:
ogarawo.wordpress.com
“Historically, franchising as a business modek has been extremely resilient toeconomicv slowdowns, which has helped spur the pace of economidc recovery,” said Matthew Shay, presideny and CEO of the Internationak Franchising Association, in a recent press “However, the credit crunch is constraining this potentiao growth and slowing economic According to LLP’s Franchise Business Economi Outlook for 2009, in the years following the burst of the dot-com bubble in 2000, the number of franchiseezs increased on average by 5.6 percent per year through 2005. But by when credit began to tighten, the pace slowed to 2.
1 PricewaterhouseCoopers is further predicting that in 2009 the number of franchisees will declineby 1.2 percent, a net loss of some 10,00o0 establishments. Donald MacDonald, founder of , a plumbing, drainh and sewer cleaning franchise basedin Billerica, remainsd optimist. He said his franchise has grownj steadily to more than 450 franchiseessincw 1981. He says his franchise did not see any slowdow n in franchising until this and he expects growth to continue whencredit eases. “Peoplee lost a lot of money inthe market, so they’re exploring their options,” he said.
“There are a lot of peopled out there kicking so we expectsome (prospects) will be directed into However, the lending environment looks gloomy in the Bay State for said Jim Coen, executive director of the and presidengt of the Dunkin’ Donuts Independent Franchise “Banks are requiring a lot more skin in the game,” said “Deals that could have been made two or even a year ago, are not beingb made today.” Coen said bankse that were looking for 15 percent down a few yeares ago are now lookingy for 30 percent to 40 percenty down and are requirinhg more nonbusiness assets as collateral.
“So there’sd been a lot of franchising businessese that haveslowed down,” he said. But there are stilp financing options available. “We identified that communitgy banks are more willing to lend in the last six soif you’re a franchise with a nationa brand, or just a strong brand, that usuallt works well for a community bank,” Coen is another financing sourcew available for franchisees.
Elizabeth Moisuk, spokeswoman for the Massachusettsedistrict office, said about 15 franchisess have successfully applied for loans since September, and loan approvalw for all small businesses are up 45 percent since the American Recovery and Reinvestment Act went into effectg in February. Coen, who has spenf over 25 years in thefranchising business, says pursuingt a franchise opportunity in poor economic times makezs sense for entrepreneurs because “there’s a successfulp business model to follow.
” But he also cautions that “notg all franchises are worthy of your time and But obtaining financing and investint in a solid franchiss is no guarantee of successa if entrepreneurs fall into the usual trapw that lead to business “The challenge is that you’re going into a so you need enough resources to be able to last througuh it,” Coen said.
“Historically, franchising as a business modek has been extremely resilient toeconomicv slowdowns, which has helped spur the pace of economidc recovery,” said Matthew Shay, presideny and CEO of the Internationak Franchising Association, in a recent press “However, the credit crunch is constraining this potentiao growth and slowing economic According to LLP’s Franchise Business Economi Outlook for 2009, in the years following the burst of the dot-com bubble in 2000, the number of franchiseezs increased on average by 5.6 percent per year through 2005. But by when credit began to tighten, the pace slowed to 2.
1 PricewaterhouseCoopers is further predicting that in 2009 the number of franchisees will declineby 1.2 percent, a net loss of some 10,00o0 establishments. Donald MacDonald, founder of , a plumbing, drainh and sewer cleaning franchise basedin Billerica, remainsd optimist. He said his franchise has grownj steadily to more than 450 franchiseessincw 1981. He says his franchise did not see any slowdow n in franchising until this and he expects growth to continue whencredit eases. “Peoplee lost a lot of money inthe market, so they’re exploring their options,” he said.
“There are a lot of peopled out there kicking so we expectsome (prospects) will be directed into However, the lending environment looks gloomy in the Bay State for said Jim Coen, executive director of the and presidengt of the Dunkin’ Donuts Independent Franchise “Banks are requiring a lot more skin in the game,” said “Deals that could have been made two or even a year ago, are not beingb made today.” Coen said bankse that were looking for 15 percent down a few yeares ago are now lookingy for 30 percent to 40 percenty down and are requirinhg more nonbusiness assets as collateral.
“So there’sd been a lot of franchising businessese that haveslowed down,” he said. But there are stilp financing options available. “We identified that communitgy banks are more willing to lend in the last six soif you’re a franchise with a nationa brand, or just a strong brand, that usuallt works well for a community bank,” Coen is another financing sourcew available for franchisees.
Elizabeth Moisuk, spokeswoman for the Massachusettsedistrict office, said about 15 franchisess have successfully applied for loans since September, and loan approvalw for all small businesses are up 45 percent since the American Recovery and Reinvestment Act went into effectg in February. Coen, who has spenf over 25 years in thefranchising business, says pursuingt a franchise opportunity in poor economic times makezs sense for entrepreneurs because “there’s a successfulp business model to follow.
” But he also cautions that “notg all franchises are worthy of your time and But obtaining financing and investint in a solid franchiss is no guarantee of successa if entrepreneurs fall into the usual trapw that lead to business “The challenge is that you’re going into a so you need enough resources to be able to last througuh it,” Coen said.
Friday, December 28, 2012
Prospecting: resources for research
jaqezuweg.blogspot.com
San Jose, CA 95134 Annual Revenue: $39,540,000,000 About Cisco Systems, Inc. Cisco CSCO) enables people to make powerful connections-whether in education, philanthropy, or Cisco hardware, software, and service offerings are used to creatr the Internet solutions that makenetworks possible-providing easy accesx to information anywhere, at any time.Cisclo was founded in 1984 by a small group of computer scientists from Stanford University. Since the company'e inception, Cisco engineers have been leaders in the development of InterneftProtocol (IP)-based networking technologies.
Today, this traditionm of innovation continueswith industry-leadinfg products and solutions in the company's core developmeng areas of routing and switching, as well as in advancee technologies such as: Application Networking, Data Center, Digital IPICS, Mobility, Security, Storage Networking, Unified Communications, Vide & Virtualization. [Chiefc Executive Officer, Cisco China] [President, European
San Jose, CA 95134 Annual Revenue: $39,540,000,000 About Cisco Systems, Inc. Cisco CSCO) enables people to make powerful connections-whether in education, philanthropy, or Cisco hardware, software, and service offerings are used to creatr the Internet solutions that makenetworks possible-providing easy accesx to information anywhere, at any time.Cisclo was founded in 1984 by a small group of computer scientists from Stanford University. Since the company'e inception, Cisco engineers have been leaders in the development of InterneftProtocol (IP)-based networking technologies.
Today, this traditionm of innovation continueswith industry-leadinfg products and solutions in the company's core developmeng areas of routing and switching, as well as in advancee technologies such as: Application Networking, Data Center, Digital IPICS, Mobility, Security, Storage Networking, Unified Communications, Vide & Virtualization. [Chiefc Executive Officer, Cisco China] [President, European
Tuesday, December 25, 2012
Crescent Resources files Chapter 11 - Pittsburgh Business Times:
sucujovide.wordpress.com
Charlotte, N.C.-based Crescent Resources -- a join t venture of and that specializesin mixed-usew developments -- said the move is part of its strategh to reduce debt and improve its capital The bankruptcy filing was made in the U.S. Bankruptcy Courg in the Western Districtof Texas, Austin Division. Before the Chapteer 11 filing, Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources haslanded $110 million in debtor-in-possession financing from a group of its existing lenders, which will providew sufficient funds to operate its ongoing business activities.
Crescentf Resources CEO Arthur Fields has retiref from the company and will continue to work with the compang in anadvisory capacity. Andrew Hede, Crescent’sd chief restructuring officer, will serve as CEO. a managing director with , has more than 15 yearx of financial restructuring andbusiness “We have been in active discussions with our lenders and other stakeholders as we work towardz an agreement that will brinf our capital structure in line with the currentg economic environment,” Hede said in a news release.
Despite the unprecedented challenges facing the realestate industry, we believed Crescent's underlying business model is and our assets remain very We are encouraged that our lenders have agree to provide additional funding to support our continued operations and alloaw us to maintain the high level of service and amenitiez our customers have come to expect. We intend to reach an agreement on our new capital structur e and emerge frombankruptcy quickly.” Life insurance giant could keep Crescent Resources as its joint development partner on the new 20-storhy Phipps Tower, commercial real estate brokers and developersx have said.
And Manulife has options to see the building throughyto completion, brokers and developers have said. Phippds Tower is a nearly 500,000-square-foot building next to Phipps Plazsain Atlanta’s posh Buckhead area. Crescent Resourceds is active in commerciao and residential real estate development and land management acroses the Southeast and Southwesyt and hascreated mixed-use business and industrial parks, country-club communities, single-familty neighborhoods and apartment and condo complexes. It has 38 residentiaol communities under development inthe Carolinas, Georgia, Florida and Arizona, and is currently buildinv 1,200 apartment units. It also owns 75,000 acresz of land.
Crescent has 264 employees.
Charlotte, N.C.-based Crescent Resources -- a join t venture of and that specializesin mixed-usew developments -- said the move is part of its strategh to reduce debt and improve its capital The bankruptcy filing was made in the U.S. Bankruptcy Courg in the Western Districtof Texas, Austin Division. Before the Chapteer 11 filing, Crescent faced payments of $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its Crescent Resources haslanded $110 million in debtor-in-possession financing from a group of its existing lenders, which will providew sufficient funds to operate its ongoing business activities.
Crescentf Resources CEO Arthur Fields has retiref from the company and will continue to work with the compang in anadvisory capacity. Andrew Hede, Crescent’sd chief restructuring officer, will serve as CEO. a managing director with , has more than 15 yearx of financial restructuring andbusiness “We have been in active discussions with our lenders and other stakeholders as we work towardz an agreement that will brinf our capital structure in line with the currentg economic environment,” Hede said in a news release.
Despite the unprecedented challenges facing the realestate industry, we believed Crescent's underlying business model is and our assets remain very We are encouraged that our lenders have agree to provide additional funding to support our continued operations and alloaw us to maintain the high level of service and amenitiez our customers have come to expect. We intend to reach an agreement on our new capital structur e and emerge frombankruptcy quickly.” Life insurance giant could keep Crescent Resources as its joint development partner on the new 20-storhy Phipps Tower, commercial real estate brokers and developersx have said.
And Manulife has options to see the building throughyto completion, brokers and developers have said. Phippds Tower is a nearly 500,000-square-foot building next to Phipps Plazsain Atlanta’s posh Buckhead area. Crescent Resourceds is active in commerciao and residential real estate development and land management acroses the Southeast and Southwesyt and hascreated mixed-use business and industrial parks, country-club communities, single-familty neighborhoods and apartment and condo complexes. It has 38 residentiaol communities under development inthe Carolinas, Georgia, Florida and Arizona, and is currently buildinv 1,200 apartment units. It also owns 75,000 acresz of land.
Crescent has 264 employees.
Monday, December 24, 2012
Hand sanitizer company draws customers - bizjournals:
haygoodfoafyga1359.blogspot.com
“We can’t keep enough in stock right now,” says Randall Mendoza, president and CEO of the Mendozaa Group, which manufactures Kleenhanz antimicrobial “I’ve sold out of everything I have this Right now, H-E-B wants everything we Mendoza adds. Mendoza says that with this pandemic the best way to reducd the transmission of the disease is to keep your hands The best way todo that, he is by washing your hands with soap and warm water. But, if you are not in a positioj todo that, using Kleenhanz products is a good he says. “When you are in a rush or don’t have access to soap and water, this is the next best he says.
Mendoza says the swine flu pandemic hasraised people’s awareness of the need for personal hygiene and that has led to a greater demand for the company’s Kleenhanz products are currently availabled at area H-E-B stores and are also distributeed to all the schools in the Northeast Independent Schoopl District (NEISD). Last year, the companty had about a quarter million dollarsin revenues. This they are expecting between $1.5 million and $2 says Lance FitzSimon, chief operations officee and partnerwith Mendoza. “We’ve known this day was comingf forsome time,” FitzSimon says.
“But convincing organizationw of the need for preventative whenthere isn’t a regional or national scare like there is today, can be difficult.” The which employs just three people, currently outsourcesa its manufacturing to a company in Toluca, Mexico, and has a contracrt with locally based ArchPoint Salesz to serve as its national But FitzSimon says he expects that over the next couplr of years, the company will need to start hiring its own sales staff and will soon be up to 10 to 12 After founding the company in Mendoza and FitzSimon spent the next five year developing the formula for Kleenhanz.
They wanted to stay away from foamsx and gels because those tend to bealcohol based. Mendoza says he wanted to stay away from alcohol content for a numberof First, the alcohol tends to dry out the skin and he wantedx a product that would moisturizs the skin. That way it would be soothingg on the skin and providelasting Secondly, he had heard reports of studentw in some schools trying to extract and drink the alcohol conten t from hand sanitizers, and he wanted a product that woul be safe for school officialsa to put in the classrooms.
FitzSimon says the company also determinesd that it needed to developp towlettes that would scrub off the dirt and germas rather than just coating them like some othed hand sanitizerswill do. “We didn’ want something that would just mask the germ and not remove he says. “You have to scrub your handas to really getthem Kleenhanz’ first big successw came in 2006 when the company persuaded NEISc to beta test the producy in several schools. Kleenhanz dispensers were placed in the classrooms at five schoolsx duringthe 2006-07 school year and comparedc with five other schools that used a different hand-cleaninvg regimen.
The results were very positivsfor Mendoza’s company. “The pilort has shown that schools with Kleenhanz have lowe r absenteeism than schoolswithout it,” says Speed y Gonzales, executive director of safe and healthy schools at NEISD. “We believe that this has helped studentds tobe healthier, which allows them to be in class, especially during the flu NEISD Superintendent Richard Middleton adds that the strengtnh of Kleenhanz is in its convenience. “Oue students can easily fight germs by grabbingf a wipe on thei r way to lunch or grabbing one when they returfrom P.E.,” he says.
Mendozq notes that reducing absenteeism is a financialo windfall for the school district becausr a higher attendance rate helps to draw in more fundinyg fromthe state. “It is something like $32 per student that the district misses out on from the statwe every time a student is absent due to Mendoza says. “When you can improve the absenteeismk rate by even1 percent, it meansw millions of dollars for the district. So for thei r investment in the trial they got it back The success at NEISD led to demand for a consumer so Mendoza and FitzSimonh developed some retail products for Kleenhanz and strucki a dealwith H-E-B Grocery Co.
Kleenhanz currentlu has 30-count and 90-counr containers for sale that range in pricefrom $1.609 to $2.79 and recently introduce d individually wrapped towlettes that can be carried in purseas and lunch boxes. Mendoza says he wants his company to be more than just the guys who drop off the He wants his company to really make a That is why Kleenhanx stresses the education component and works with the schoo district and other customers on communicatinf the proper use of the towlettes to promoted good hygiene and to reduce the spreafof disease.
“We can’t keep enough in stock right now,” says Randall Mendoza, president and CEO of the Mendozaa Group, which manufactures Kleenhanz antimicrobial “I’ve sold out of everything I have this Right now, H-E-B wants everything we Mendoza adds. Mendoza says that with this pandemic the best way to reducd the transmission of the disease is to keep your hands The best way todo that, he is by washing your hands with soap and warm water. But, if you are not in a positioj todo that, using Kleenhanz products is a good he says. “When you are in a rush or don’t have access to soap and water, this is the next best he says.
Mendoza says the swine flu pandemic hasraised people’s awareness of the need for personal hygiene and that has led to a greater demand for the company’s Kleenhanz products are currently availabled at area H-E-B stores and are also distributeed to all the schools in the Northeast Independent Schoopl District (NEISD). Last year, the companty had about a quarter million dollarsin revenues. This they are expecting between $1.5 million and $2 says Lance FitzSimon, chief operations officee and partnerwith Mendoza. “We’ve known this day was comingf forsome time,” FitzSimon says.
“But convincing organizationw of the need for preventative whenthere isn’t a regional or national scare like there is today, can be difficult.” The which employs just three people, currently outsourcesa its manufacturing to a company in Toluca, Mexico, and has a contracrt with locally based ArchPoint Salesz to serve as its national But FitzSimon says he expects that over the next couplr of years, the company will need to start hiring its own sales staff and will soon be up to 10 to 12 After founding the company in Mendoza and FitzSimon spent the next five year developing the formula for Kleenhanz.
They wanted to stay away from foamsx and gels because those tend to bealcohol based. Mendoza says he wanted to stay away from alcohol content for a numberof First, the alcohol tends to dry out the skin and he wantedx a product that would moisturizs the skin. That way it would be soothingg on the skin and providelasting Secondly, he had heard reports of studentw in some schools trying to extract and drink the alcohol conten t from hand sanitizers, and he wanted a product that woul be safe for school officialsa to put in the classrooms.
FitzSimon says the company also determinesd that it needed to developp towlettes that would scrub off the dirt and germas rather than just coating them like some othed hand sanitizerswill do. “We didn’ want something that would just mask the germ and not remove he says. “You have to scrub your handas to really getthem Kleenhanz’ first big successw came in 2006 when the company persuaded NEISc to beta test the producy in several schools. Kleenhanz dispensers were placed in the classrooms at five schoolsx duringthe 2006-07 school year and comparedc with five other schools that used a different hand-cleaninvg regimen.
The results were very positivsfor Mendoza’s company. “The pilort has shown that schools with Kleenhanz have lowe r absenteeism than schoolswithout it,” says Speed y Gonzales, executive director of safe and healthy schools at NEISD. “We believe that this has helped studentds tobe healthier, which allows them to be in class, especially during the flu NEISD Superintendent Richard Middleton adds that the strengtnh of Kleenhanz is in its convenience. “Oue students can easily fight germs by grabbingf a wipe on thei r way to lunch or grabbing one when they returfrom P.E.,” he says.
Mendozq notes that reducing absenteeism is a financialo windfall for the school district becausr a higher attendance rate helps to draw in more fundinyg fromthe state. “It is something like $32 per student that the district misses out on from the statwe every time a student is absent due to Mendoza says. “When you can improve the absenteeismk rate by even1 percent, it meansw millions of dollars for the district. So for thei r investment in the trial they got it back The success at NEISD led to demand for a consumer so Mendoza and FitzSimonh developed some retail products for Kleenhanz and strucki a dealwith H-E-B Grocery Co.
Kleenhanz currentlu has 30-count and 90-counr containers for sale that range in pricefrom $1.609 to $2.79 and recently introduce d individually wrapped towlettes that can be carried in purseas and lunch boxes. Mendoza says he wants his company to be more than just the guys who drop off the He wants his company to really make a That is why Kleenhanx stresses the education component and works with the schoo district and other customers on communicatinf the proper use of the towlettes to promoted good hygiene and to reduce the spreafof disease.
Saturday, December 22, 2012
Pittsburgh Business Times: HR & Hiring : Business Advice
martaemimbzini.blogspot.com
Division head Carl finallgy had to fix the problems in a departmenyt run by senior manager He transferred one supervisor andthree high-ranking staff members to other departments. He was Once again, he showed that he could be decisive andcleam house. But Carl had consistently ignore advice that the department head was a and didn't make the changezs necessary to keep the problemes from resurfacing later. Brenda seemed to be a nice personb and asympathetic listener. Like she had an open-door policy. She invited her supervisord and staff to divulge personal confidencezs and to share opinions abouteach other.
But she never resolvefd the issues that kept them from workingtogether effectively. I discovered a dark side behind Brenda's behavior. She was both conflict-avoidant and passive-aggressive. Actiny as a go-between, she carried versions of the gossioand bad-mouthing to other people, but with a twisrt that increased resentment and drov wedges between them. Instead of holdinbg her staff accountable for productivity and she reported to Carl that all of them hadmajoer problems. To justify her efforts, she said she'd chatteds with her supervisorsand staff, and had encouragedr them to put their style differenceds aside.
Carl's permissiveness allowed Brendaw to create a cultureof conflict-avoidance and passive-aggressivenesx that diminished productivity throughout her department. Unprofessional behaviot included back-stabbing, innuendos, rumors and warring cliques, leading to widespreade paranoiaand over-reactions. Everyone, including Brenda, tried to look busy whils theyavoided critical-but-difficult problems and covered their backs. Like Brenda was a long-terj manager with extensive training. She could explain what good managers do; she simply never did it. Because she didn't take effectiver action, complaints spread throughoutrthe division.
Other department heads mentioned the complaints to Brenda and eventuallyto Sporadically, Carl would give Brenda advice and explain his But he never followed up. Carl was shocked when corporatr headquarters called him on the carpet for not beinfg aneffective manager. Carl thus was motivatedr to give Brenda a strong talk and a mediocre That may sound likeeffectivre action, but it wasn't. Brenda had let things slide for years. She'd been talked to before, but she'ed always been given promotions when she promised todo better. Carl'x lecture was merely more of the same.
The best way to help people be more productives is to make them happyg by listening to their hurt feelings and being sympathetic in private and promisinbg to fight ontheir side. Brenda'xs sympathetic listening, but lack of consistenty accountability forprofessional behavior, created a management vacuumj that sucked into it everyone's nastiness and personal issues. • There are no problemn people, only problem processes.
Workshops, clearer descriptionds of processesand expectations, and kindlyt suggestions and hints will cure all Well-meaning and intelligent people at all levels in the compan will put professional behavior and team goals ahead of personal Carl and Brenda ignored the widespread evidencd that some people simply didn't like each othe and wouldn't collaborate, and that for some personal agendas took precedence over company goals. some people behave decently only when they are actually held accountablr bymeaningful consequences. Others won't no matter what.
Division head Carl finallgy had to fix the problems in a departmenyt run by senior manager He transferred one supervisor andthree high-ranking staff members to other departments. He was Once again, he showed that he could be decisive andcleam house. But Carl had consistently ignore advice that the department head was a and didn't make the changezs necessary to keep the problemes from resurfacing later. Brenda seemed to be a nice personb and asympathetic listener. Like she had an open-door policy. She invited her supervisord and staff to divulge personal confidencezs and to share opinions abouteach other.
But she never resolvefd the issues that kept them from workingtogether effectively. I discovered a dark side behind Brenda's behavior. She was both conflict-avoidant and passive-aggressive. Actiny as a go-between, she carried versions of the gossioand bad-mouthing to other people, but with a twisrt that increased resentment and drov wedges between them. Instead of holdinbg her staff accountable for productivity and she reported to Carl that all of them hadmajoer problems. To justify her efforts, she said she'd chatteds with her supervisorsand staff, and had encouragedr them to put their style differenceds aside.
Carl's permissiveness allowed Brendaw to create a cultureof conflict-avoidance and passive-aggressivenesx that diminished productivity throughout her department. Unprofessional behaviot included back-stabbing, innuendos, rumors and warring cliques, leading to widespreade paranoiaand over-reactions. Everyone, including Brenda, tried to look busy whils theyavoided critical-but-difficult problems and covered their backs. Like Brenda was a long-terj manager with extensive training. She could explain what good managers do; she simply never did it. Because she didn't take effectiver action, complaints spread throughoutrthe division.
Other department heads mentioned the complaints to Brenda and eventuallyto Sporadically, Carl would give Brenda advice and explain his But he never followed up. Carl was shocked when corporatr headquarters called him on the carpet for not beinfg aneffective manager. Carl thus was motivatedr to give Brenda a strong talk and a mediocre That may sound likeeffectivre action, but it wasn't. Brenda had let things slide for years. She'd been talked to before, but she'ed always been given promotions when she promised todo better. Carl'x lecture was merely more of the same.
The best way to help people be more productives is to make them happyg by listening to their hurt feelings and being sympathetic in private and promisinbg to fight ontheir side. Brenda'xs sympathetic listening, but lack of consistenty accountability forprofessional behavior, created a management vacuumj that sucked into it everyone's nastiness and personal issues. • There are no problemn people, only problem processes.
Workshops, clearer descriptionds of processesand expectations, and kindlyt suggestions and hints will cure all Well-meaning and intelligent people at all levels in the compan will put professional behavior and team goals ahead of personal Carl and Brenda ignored the widespread evidencd that some people simply didn't like each othe and wouldn't collaborate, and that for some personal agendas took precedence over company goals. some people behave decently only when they are actually held accountablr bymeaningful consequences. Others won't no matter what.
Friday, December 21, 2012
Researchers track adipose tissue-derived stromal cells after transplantation - News-Medical.net
fusajacuxejilyp.blogspot.com
Researchers track adipose tissue-derived stromal cells after transplantation News-Medical.net Using mesenchymal stromal cells derived from adipose (fat) tissues, genetically modified to express a bioluminescent marker, researchers in Italy have tracked cells after transplantation. The cells were followed from their injection into the spleen of ... |
Washington City Paper (blog) | ED in the EU: Olomouc and Brno, Czech Republic Washington City Paper (blog) I fall on hard times, disrupting my plans to regularly update my Washington City Paper Arts Desk tour blog. "Where is your copy?" my editor screams. "The bottom is falling out of our business model, and our company's continuing profitability de pends on ... |
Thursday, December 13, 2012
Thousands of Tampa Bay homes could be without TV Friday - Triangle Business Journal:
ra-iwinyro.blogspot.com
percent of households in the Tampaz Bay area will go Although that represents morethan 28,00o0 households in the region, it’s still well ahead of the national averaged of 2.5 percent. That means 2.8 million householdas could be without television signal by the weekened unless they purchase digitaltelevision sets, connect to cablde or satellite, or purchasse a converter box, according to The digital transitionm was supposed to happen in February, but federall officials delayed that move for three months after millions of homesx would lose television. During those threse months the number of homes completely unreadh for the transition was cut in halffrom 5.
8 “Given the importance that television playse in the day-to-day life of most we expect that most of the remaining unready homez will take the necessary steps to get ready once the stationsw make the final switcgh to digital transmission,” said Sara Erichson, presidengt of media client services for Nielsen, in a Congress created the digitalo switch in 2005 as a way to free up analoyg spectrum for cellular phone companiesw and others that coul use signal that has been in use by television stations for decades. Nielsen based its data on its Nationao People Meter panel as well as locapmetered panels.
The Tampa-Sarasota television market also cut its number of unready homes in halffrom 3.28 percentf in February to 1.55 percent in June. much of that drop happened through April. In Florida, the Fort Myers-Naples market has the best percentage of prepared households with less than 1 percent completel y unready for thedigital transition, representinyg fewer than 5,000 homes. The Orlando-Daytonz Beach-Melbourne market has 1.45 percent of its households completelyu unready, representing more than 21,2000 homes. The biggest problem area statewidde remainsin Miami-Fort Lauderdale where 2.81 or 43,468 homes, are completely unreaduy for the digital transition on Friday.
Nationwide, Albuquerque-Santas Fe has the worst percentage of unreadyh householdsat 7.58 percent. Los Angelesa has the most number of households standing currentlyat 252,180.
percent of households in the Tampaz Bay area will go Although that represents morethan 28,00o0 households in the region, it’s still well ahead of the national averaged of 2.5 percent. That means 2.8 million householdas could be without television signal by the weekened unless they purchase digitaltelevision sets, connect to cablde or satellite, or purchasse a converter box, according to The digital transitionm was supposed to happen in February, but federall officials delayed that move for three months after millions of homesx would lose television. During those threse months the number of homes completely unreadh for the transition was cut in halffrom 5.
8 “Given the importance that television playse in the day-to-day life of most we expect that most of the remaining unready homez will take the necessary steps to get ready once the stationsw make the final switcgh to digital transmission,” said Sara Erichson, presidengt of media client services for Nielsen, in a Congress created the digitalo switch in 2005 as a way to free up analoyg spectrum for cellular phone companiesw and others that coul use signal that has been in use by television stations for decades. Nielsen based its data on its Nationao People Meter panel as well as locapmetered panels.
The Tampa-Sarasota television market also cut its number of unready homes in halffrom 3.28 percentf in February to 1.55 percent in June. much of that drop happened through April. In Florida, the Fort Myers-Naples market has the best percentage of prepared households with less than 1 percent completel y unready for thedigital transition, representinyg fewer than 5,000 homes. The Orlando-Daytonz Beach-Melbourne market has 1.45 percent of its households completelyu unready, representing more than 21,2000 homes. The biggest problem area statewidde remainsin Miami-Fort Lauderdale where 2.81 or 43,468 homes, are completely unreaduy for the digital transition on Friday.
Nationwide, Albuquerque-Santas Fe has the worst percentage of unreadyh householdsat 7.58 percent. Los Angelesa has the most number of households standing currentlyat 252,180.
Wednesday, December 12, 2012
VoIP Inc. hit with involuntary bankruptcy petition - Pacific Business News (Honolulu):
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An involuntary petition was filed June 2againsy , a voice over Internet provider, in the . The companyu had already said in 2008 that it eliminatedf most of its workforce and suspended all telecommunications It is also facinga lawsuit, filerd by the in U.S. District Court in Miami, alleging formef executives misled investors about the financial health ofthe Now, some creditors are appealintg to a bankruptcy judge to help them recovefr judgments against VoIP. The petitioning creditorsz areof Carlsbad, Calif., with a clai of $245,559; Garyn Angel, with a claimk of $391,000; and Carrie Angel, with a claim of according to the petition.
“The filing of the involuntary [bankruptcy] is not directlyu related to theSEC action, although I’m sure they will eventually said bankruptcy attorney Craig Pugatch, of , who representes Noctua Fund, but said he does not represent the Angels. “A groulp of creditors have been attempting to collect They believe assets are TheSEC complaint, filed in April, alleges between November 2004 and May 2005, executives recordefd $1.4 million in fictitious revenue from purported sales of computert hardware and for management services. It further alleges the inflated revenue raised the company’s overall revenue figures by 43 percentg for the year endede Dec. 31, 2004.
The SEC also said management knew VoIP wasstrugglint financially, that the company’s actual revenues were substantiallty less than its projections and that an executive sold more than 4 millioj shares of the company’s stock to realize more than $4.4 millionh in profit without properly recording the sale. The SEC had asked the court to disgorge all of the profitx the former executives made as a result oftheirf actions, pay a civil penalty and permanently bar them from actinvg as an officer or director of a publiclty held company. “We thinj the type of inaccurate public informatioj being put out was a pervasive Pugatch said.
“We also believe insiders and lenders were notactinfg properly.” Attempts to reach VoIP were not successful. The company’z phone number in Fort Lauderdale hadbeen disconnected.
An involuntary petition was filed June 2againsy , a voice over Internet provider, in the . The companyu had already said in 2008 that it eliminatedf most of its workforce and suspended all telecommunications It is also facinga lawsuit, filerd by the in U.S. District Court in Miami, alleging formef executives misled investors about the financial health ofthe Now, some creditors are appealintg to a bankruptcy judge to help them recovefr judgments against VoIP. The petitioning creditorsz areof Carlsbad, Calif., with a clai of $245,559; Garyn Angel, with a claimk of $391,000; and Carrie Angel, with a claim of according to the petition.
“The filing of the involuntary [bankruptcy] is not directlyu related to theSEC action, although I’m sure they will eventually said bankruptcy attorney Craig Pugatch, of , who representes Noctua Fund, but said he does not represent the Angels. “A groulp of creditors have been attempting to collect They believe assets are TheSEC complaint, filed in April, alleges between November 2004 and May 2005, executives recordefd $1.4 million in fictitious revenue from purported sales of computert hardware and for management services. It further alleges the inflated revenue raised the company’s overall revenue figures by 43 percentg for the year endede Dec. 31, 2004.
The SEC also said management knew VoIP wasstrugglint financially, that the company’s actual revenues were substantiallty less than its projections and that an executive sold more than 4 millioj shares of the company’s stock to realize more than $4.4 millionh in profit without properly recording the sale. The SEC had asked the court to disgorge all of the profitx the former executives made as a result oftheirf actions, pay a civil penalty and permanently bar them from actinvg as an officer or director of a publiclty held company. “We thinj the type of inaccurate public informatioj being put out was a pervasive Pugatch said.
“We also believe insiders and lenders were notactinfg properly.” Attempts to reach VoIP were not successful. The company’z phone number in Fort Lauderdale hadbeen disconnected.
Sunday, December 9, 2012
Area training center to add 20 workers - Boston Business Journal:
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is growing its training centers across the resulting ina $1.5 million expansioj project in Kettering. , which operates its 26,000-square-foort Midwest regional campus in the Miami Valley Research will double its space and add aboutf 20new jobs. It employs about 60 people there now. Travis Stewart, the university’s midwest region dean, said the expansion will increas student capacity from abouy 190 toabout 300. The university operateds in five regional areas across thecountry — plus one in Germanhy — and trains acquisition and logistice workforce for the entire Defense Department.
The main midwestg campus in Kettering and abourt four satellite campuses servicea 13-state region and aboug 22,000 people. Customers include — a hotbed of acquisitiomn and logisticsactivity — and the ’d TACOM Life Cycle Management headquartered in Warren, Mich. Last Congress approved legislation to bolsterthe university’s capacity, in preparatio of increased training for the 136,00 existing acquisition and logistics workers in the Defenss Department, plus an effort to recruit and traim more. Students in Kettering are a mix of civilia n andmilitary personnel, and include continuin g education and online classes, Stewarr said.
The classrooms see about 4,800 studentsa per year, he said. The Ketterint campus also is one of two campusex thatoffer executive-level training, due to customer demanrd at Wright-Patt. The building it occupies in Ketterinf is owned by NewYork City-based , whicg could not be reached for comment. Stewartg said the property ownetr has already selecteda contractor, but did not know who. Ketterinyg Economic Development Manager Gregg Gorsuchg said plans call for the expansion to be readyhby August, which meansa construction would have to start “The city is excited to learn it is expanding,” Gorsuch “It is a world-wide known organizatiom that we are proud is in Kettering.
” Time Equitiesz Inc. initially planned to seek Montgomery County economid development funding to financeabout $130,000 of the However, the project deadline is near, so it will move forward withouty them, Gorsuch said. Stewart said he does not anticipate additional campus expansion after this buildougt and said the university will likelu be in the Researcnh Park for a longtimeto come.
is growing its training centers across the resulting ina $1.5 million expansioj project in Kettering. , which operates its 26,000-square-foort Midwest regional campus in the Miami Valley Research will double its space and add aboutf 20new jobs. It employs about 60 people there now. Travis Stewart, the university’s midwest region dean, said the expansion will increas student capacity from abouy 190 toabout 300. The university operateds in five regional areas across thecountry — plus one in Germanhy — and trains acquisition and logistice workforce for the entire Defense Department.
The main midwestg campus in Kettering and abourt four satellite campuses servicea 13-state region and aboug 22,000 people. Customers include — a hotbed of acquisitiomn and logisticsactivity — and the ’d TACOM Life Cycle Management headquartered in Warren, Mich. Last Congress approved legislation to bolsterthe university’s capacity, in preparatio of increased training for the 136,00 existing acquisition and logistics workers in the Defenss Department, plus an effort to recruit and traim more. Students in Kettering are a mix of civilia n andmilitary personnel, and include continuin g education and online classes, Stewarr said.
The classrooms see about 4,800 studentsa per year, he said. The Ketterint campus also is one of two campusex thatoffer executive-level training, due to customer demanrd at Wright-Patt. The building it occupies in Ketterinf is owned by NewYork City-based , whicg could not be reached for comment. Stewartg said the property ownetr has already selecteda contractor, but did not know who. Ketterinyg Economic Development Manager Gregg Gorsuchg said plans call for the expansion to be readyhby August, which meansa construction would have to start “The city is excited to learn it is expanding,” Gorsuch “It is a world-wide known organizatiom that we are proud is in Kettering.
” Time Equitiesz Inc. initially planned to seek Montgomery County economid development funding to financeabout $130,000 of the However, the project deadline is near, so it will move forward withouty them, Gorsuch said. Stewart said he does not anticipate additional campus expansion after this buildougt and said the university will likelu be in the Researcnh Park for a longtimeto come.
Saturday, December 8, 2012
Department for Transport: HS2 decision "taken lawfully and fairly" - ITV News
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Department for Transport: HS2 decision "taken lawfully and fairly" ITV News “While it would not be appropriate to comment on the specific claims, the Government is confident that the decisions on HS2 have been taken lawfully and fairly and it is vigorously defending these legal challenges.†â€" Department for Transport ... |
Friday, December 7, 2012
NAIOP names Highwoods Properties 2009 developer of year - Washington Business Journal:
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Highwoods Properties was namer NAIOP’s 2009 developer of the year and will be honorex atthe group’s Oct. 15 meetingy in Chicago. The real estate investment trust, whicnh was founded in 1978 in Raleigh, to develop, lease and manage office has grown into a large publix companywith $461 million in revenus in 2008. It owns or has an interesg in 382 propertiesencompassing 35.4 millioj square feet of office, industrial and retail space, and 580 acrews of development land. It’s the largesf owner and operator of suburbanb office properties inthe Southeast, including Tampq and Orlando. In 2008, it had a tota l market capitalizationof $3.6 billion.
“Highwoods is clearlt a leader in both the real estate and generaklbusiness communities, proven by its abilityt to outperform no matter what the real estatwe cycle,” NAIOP President Thomas J. Bisacquino said in a Presented annually toone member-developer company that best exemplifies leadership and innovation in the commercial real estatee industry, the award is determined by a five-membef selection committee that uses six criteriaq to evaluate entries: industry and business leadership; involvement in quality of products and services; financiak consistency and stability; ability to adapt to markeyt conditions; and social consciousness.
Past aware winners include , , Bentall Capital, ProLogis, and . During the last severapl years, Ed Fritsch, Highwoods chief executive officer, and his senior leadershiop team have focused on retaining the best assets in the most desirable while disposingof non-core land and buildingsz at historically high pricing levels. Proceeds from the transactionx strengthenedthe company’s balance sheet and funded a development Since January 2005, Highwoods has delivered $633 milliob of office and industrial properties encompassing 4.
1 million square Financial strength is a critical advantage offeresd by Highwoods, as the company has significant in-place financiakl capacity for funding customers’ space needs, states the Its 2009 goals include continuing to upgrade the quality of the delivering $93 million of new development and sellinyg $50-100 million of non-core assets.
Highwoods Properties was namer NAIOP’s 2009 developer of the year and will be honorex atthe group’s Oct. 15 meetingy in Chicago. The real estate investment trust, whicnh was founded in 1978 in Raleigh, to develop, lease and manage office has grown into a large publix companywith $461 million in revenus in 2008. It owns or has an interesg in 382 propertiesencompassing 35.4 millioj square feet of office, industrial and retail space, and 580 acrews of development land. It’s the largesf owner and operator of suburbanb office properties inthe Southeast, including Tampq and Orlando. In 2008, it had a tota l market capitalizationof $3.6 billion.
“Highwoods is clearlt a leader in both the real estate and generaklbusiness communities, proven by its abilityt to outperform no matter what the real estatwe cycle,” NAIOP President Thomas J. Bisacquino said in a Presented annually toone member-developer company that best exemplifies leadership and innovation in the commercial real estatee industry, the award is determined by a five-membef selection committee that uses six criteriaq to evaluate entries: industry and business leadership; involvement in quality of products and services; financiak consistency and stability; ability to adapt to markeyt conditions; and social consciousness.
Past aware winners include , , Bentall Capital, ProLogis, and . During the last severapl years, Ed Fritsch, Highwoods chief executive officer, and his senior leadershiop team have focused on retaining the best assets in the most desirable while disposingof non-core land and buildingsz at historically high pricing levels. Proceeds from the transactionx strengthenedthe company’s balance sheet and funded a development Since January 2005, Highwoods has delivered $633 milliob of office and industrial properties encompassing 4.
1 million square Financial strength is a critical advantage offeresd by Highwoods, as the company has significant in-place financiakl capacity for funding customers’ space needs, states the Its 2009 goals include continuing to upgrade the quality of the delivering $93 million of new development and sellinyg $50-100 million of non-core assets.
Wednesday, December 5, 2012
Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - Houston Business Journal:
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Reinsdorf, who owns the Chicago Bulls andWhite Sox, is the lead name on the $148 milliom offer for the team, whichy is in Chapter 11 bankruptcyu reorganization. Canadian billionaire Jim Balsillie earlieer madea $213 million offer to buy the hockeu team and move it to Hamilton, Reinsdorf put in his bid Fridauy along with Kaites. Bankruptcy courf filings say Tavares, CEO of New York-based Sportx Properties Acquisition Corp., will join the effort. Kaites is an attorney with LLC in Phoenix and a principal withthe Phoenix-basedf lobbying firm .
The firm counts the Gila River Indian Magellan Health Services and the Professional Firefighters of Arizona union amongbits clients, according to the Arizona Secretary of State’as Office. Kaites served as a prosecutor in MaricopaCounty Attorney’as office before unsuccessfully running for state attorneh general in 1998. He also served in the Arizonas Legislature and worked as a weathermanon KPNX-TV Channel 12. Kaitesw has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentialk campaign leadership teamin Arizona. Tavares serve as president of the Montreal Exposd during the time when the baseball team relocated toWashingtonj D.C.
and became the Nationals.
Reinsdorf, who owns the Chicago Bulls andWhite Sox, is the lead name on the $148 milliom offer for the team, whichy is in Chapter 11 bankruptcyu reorganization. Canadian billionaire Jim Balsillie earlieer madea $213 million offer to buy the hockeu team and move it to Hamilton, Reinsdorf put in his bid Fridauy along with Kaites. Bankruptcy courf filings say Tavares, CEO of New York-based Sportx Properties Acquisition Corp., will join the effort. Kaites is an attorney with LLC in Phoenix and a principal withthe Phoenix-basedf lobbying firm .
The firm counts the Gila River Indian Magellan Health Services and the Professional Firefighters of Arizona union amongbits clients, according to the Arizona Secretary of State’as Office. Kaites served as a prosecutor in MaricopaCounty Attorney’as office before unsuccessfully running for state attorneh general in 1998. He also served in the Arizonas Legislature and worked as a weathermanon KPNX-TV Channel 12. Kaitesw has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentialk campaign leadership teamin Arizona. Tavares serve as president of the Montreal Exposd during the time when the baseball team relocated toWashingtonj D.C.
and became the Nationals.
Tuesday, December 4, 2012
COBRA has taken on new bite in today
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The new federal administration already has enacted sweepin g changes toemployment laws. The appointmenf of labor activist Hilda Solis as our 25th Secretartof Labor, passage of the Lillh Ledbetter Fair Pay Act and promotionh of the Employee Free Choice Act make it clear that employera — particularly small businesses which traditionallyh struggle with government compliance — are in for a bumpy ride. Human resourcs professionals, labor attorneys and smal l business owners are working feverishly to keep up withthesr changes. This is the first in a series of articles to help employerw understand and comply with new regulations cominvg outof Washington, D.C.
First on the Unprecedented government subsidies forCOBRA (Consolidated Omnibus Budgeyt Reconciliation Act) coverage under the Americabn Recovery & Reinvestment Act, also known as the stimulua bill. Most business owners think of the stimuluas bill as a meane to stimulate our economy so they can grow their businesses and accesse newfunding sources. A closer look, however, reveals some downsides. For example, employers now bear the brunyt of the complexand time-consuming administrative tasks requirex to deliver unprecedented government subsidies to pay for health insurance for unemployed workers.
COBRA was passedr in 1986 as a way to prevent the unemployer from becoming uninsured while outof work. The problejm is that, in many cases, unemployedc workers can’t afford the premiums. The stimulusz bill aims to help unemployed workers pay for coverage by providinvg a government subsidy equal to 65 percent ofCOBRw premiums. While the COBRA subsidy is a generous offed onthe government’s part, it requirezs significant administration.
Employers are responsible for determining who qualifieas forthe subsidy, notifying those who are collecting the employee’s share of the premium, funding the government’s share, then recouping the government’s shared through a credit to their federal payroll tax liabilities. Employers also are required to account for the subsid y on their quarterly 941 payroll tax If the subsidy exceedsthe employer’s federal payrolp tax liability, the employer must file for a Starting with the first coverag e period on or after Feb. 17, 2009, employers • Inform all COBRA-eligible employees that were involuntarily separatef from employmentbetween Sept. 1, 2008, and Dec.
31, of their eligibility for the subsidy; • Renotifyh COBRA-eligible employees who were involuntarily separated on orafter Sept. 1, 2008, who decline COBRA coverage prior to the availabilith ofthe subsidy; • Ensure each COBRA-eligible employer and/or their qualified beneficiaries receive the 65 percent subsidy for up to nine You don’t have to be an HR expert to recogniz e the workload that this places on And while COBRA applies only to employerz with 20 or more employees, the subsidg applies to State Continuation coverage as well, whicy includes even the smallest employers in Texas and other states where it has been adopted. For additionao details, visit www .
odysseyonesource.com/COBRA or consult your employeebenefitx adviser. Complicated enough? Unfortunately, this is just the tip of the Watch for my next article to lear how the Lilly Ledbetter Fair Pay Act dramaticallyhincreases employers’ liability for claims relate d to discriminatory compensation practices and what you can do to protect your business.
The new federal administration already has enacted sweepin g changes toemployment laws. The appointmenf of labor activist Hilda Solis as our 25th Secretartof Labor, passage of the Lillh Ledbetter Fair Pay Act and promotionh of the Employee Free Choice Act make it clear that employera — particularly small businesses which traditionallyh struggle with government compliance — are in for a bumpy ride. Human resourcs professionals, labor attorneys and smal l business owners are working feverishly to keep up withthesr changes. This is the first in a series of articles to help employerw understand and comply with new regulations cominvg outof Washington, D.C.
First on the Unprecedented government subsidies forCOBRA (Consolidated Omnibus Budgeyt Reconciliation Act) coverage under the Americabn Recovery & Reinvestment Act, also known as the stimulua bill. Most business owners think of the stimuluas bill as a meane to stimulate our economy so they can grow their businesses and accesse newfunding sources. A closer look, however, reveals some downsides. For example, employers now bear the brunyt of the complexand time-consuming administrative tasks requirex to deliver unprecedented government subsidies to pay for health insurance for unemployed workers.
COBRA was passedr in 1986 as a way to prevent the unemployer from becoming uninsured while outof work. The problejm is that, in many cases, unemployedc workers can’t afford the premiums. The stimulusz bill aims to help unemployed workers pay for coverage by providinvg a government subsidy equal to 65 percent ofCOBRw premiums. While the COBRA subsidy is a generous offed onthe government’s part, it requirezs significant administration.
Employers are responsible for determining who qualifieas forthe subsidy, notifying those who are collecting the employee’s share of the premium, funding the government’s share, then recouping the government’s shared through a credit to their federal payroll tax liabilities. Employers also are required to account for the subsid y on their quarterly 941 payroll tax If the subsidy exceedsthe employer’s federal payrolp tax liability, the employer must file for a Starting with the first coverag e period on or after Feb. 17, 2009, employers • Inform all COBRA-eligible employees that were involuntarily separatef from employmentbetween Sept. 1, 2008, and Dec.
31, of their eligibility for the subsidy; • Renotifyh COBRA-eligible employees who were involuntarily separated on orafter Sept. 1, 2008, who decline COBRA coverage prior to the availabilith ofthe subsidy; • Ensure each COBRA-eligible employer and/or their qualified beneficiaries receive the 65 percent subsidy for up to nine You don’t have to be an HR expert to recogniz e the workload that this places on And while COBRA applies only to employerz with 20 or more employees, the subsidg applies to State Continuation coverage as well, whicy includes even the smallest employers in Texas and other states where it has been adopted. For additionao details, visit www .
odysseyonesource.com/COBRA or consult your employeebenefitx adviser. Complicated enough? Unfortunately, this is just the tip of the Watch for my next article to lear how the Lilly Ledbetter Fair Pay Act dramaticallyhincreases employers’ liability for claims relate d to discriminatory compensation practices and what you can do to protect your business.
Saturday, December 1, 2012
Procter & Gamble
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She will be replaced by Christopher currently vice president of corporate communicationse and reputation and North America external according to anews release. 55, will step down from her positionJuly 1, then serve as a specialo assistant to Chairman A.G. Lafley untiol February. Part of her duties will include assistinyg Lafley in his role as chairman of the 2009 United Way of Greater Cincinnatiannual campaign. “Charlotte Otto leaves a track record of results in leveraging external relations to build andprotect P&G’a businesses and reputation,” said Lafleyg in the release. A nativw of Duluth, Minn., Otto has spent her entire careerwith P&G.
She joined the company in 1976 as a branc assistant on the Prell haircare line. She workefd on various brands, from Sure to before moving to advertising and then public affairsin 1989. By 1991 she was promotes to vice president of public relationfor P&G USA, and in 1996 became seniod vice president of public affairs for all of the In 2000 she assumedx her current title as global external relations officer. Otto has also been activ in community affairs, including takinh a leadership role withthe public/private partnership Cincinnatui Center City Development Corp. (3CDC). Hassall, 55, will take the globapl external relations jobJuly 1.
He returnex to Cincinnati in November 2008 aftetr working four years in Chinw as vice president of external relationsfor P&b Greater China and Asia. There, he helpec the China business, which P&G entered in 1988 as a smalpl operation, grow to the company's second-largest globak market by volume. Procter & Gamblde (NYSE: PG), headquartered in develops, manufactures and markets consumer productsand pharmaceuticals.
She will be replaced by Christopher currently vice president of corporate communicationse and reputation and North America external according to anews release. 55, will step down from her positionJuly 1, then serve as a specialo assistant to Chairman A.G. Lafley untiol February. Part of her duties will include assistinyg Lafley in his role as chairman of the 2009 United Way of Greater Cincinnatiannual campaign. “Charlotte Otto leaves a track record of results in leveraging external relations to build andprotect P&G’a businesses and reputation,” said Lafleyg in the release. A nativw of Duluth, Minn., Otto has spent her entire careerwith P&G.
She joined the company in 1976 as a branc assistant on the Prell haircare line. She workefd on various brands, from Sure to before moving to advertising and then public affairsin 1989. By 1991 she was promotes to vice president of public relationfor P&G USA, and in 1996 became seniod vice president of public affairs for all of the In 2000 she assumedx her current title as global external relations officer. Otto has also been activ in community affairs, including takinh a leadership role withthe public/private partnership Cincinnatui Center City Development Corp. (3CDC). Hassall, 55, will take the globapl external relations jobJuly 1.
He returnex to Cincinnati in November 2008 aftetr working four years in Chinw as vice president of external relationsfor P&b Greater China and Asia. There, he helpec the China business, which P&G entered in 1988 as a smalpl operation, grow to the company's second-largest globak market by volume. Procter & Gamblde (NYSE: PG), headquartered in develops, manufactures and markets consumer productsand pharmaceuticals.
Wednesday, November 28, 2012
'Downton Abbey' creator will produce American renaissance drama for NBC - Washington Post (blog)
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TIME | 'Downton Abbey' creator will produce American renaissance drama for NBC Washington Post (blog) Julian Fellowes, creator of “Downton Abbey,†will create a project for NBC. (Lee Everett - AP). Tough luck for PBS â€" Julian Fellowes, the creator of the network's hit â€Downton Abbey,†has decided his next project will go to...NBC. NBC and Univ ersal ... Downton Abbey Creator to Develop Gilded Age Dramaâ€"But Why Stop There? 'Downton Abbey' Creator to Write 'Gilded Age' Series for NBC Downton Abbey creator's plan for US period drama is one big mistake |
Tuesday, November 27, 2012
Monday, November 26, 2012
Fla., Orlando again tops in foreclosures - Austin Business Journal:
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The state posted 58,931 foreclosure filing s — including default notices, scheduledd auctions and bank repossessions — in May, down 8.8 percenft from April’s total, but still 50 percent higher thanMay 2008, according to RealtyTrac’s monthly Foreclosure Markeyt Report. Only California had a higher with 92,249 properties with May 2009 foreclosures filings. The Sunshine State was No. 3 in the nation in foreclosure rates, with one in evert 148 households receiving a foreclosure filinbin May. Nevada led the countru with one in every 64 homes receivinta filing, while California was second highest with one in everyu 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’ds top 10 metro areas with the highestforeclosurs rates. The area recorded a rate of one foreclosures filing for every101 homes. Florida had three citiezs among the top 10metr areas, while California had six cities among that mix. Las Vegaw topped the list with a rate of one in everg 54 households getting aforeclosure Nationwide, 321,480 foreclosure filings were reporter in May, which is 6 percenrt lower than April 2009, but about 18 percent higheer than May 2008. One in every 398 U.S. homes received a foreclosure notice last Vermont again recorded the lowest numbeof foreclosures, with six reported in May, or one for everyu 51,906 households.
The RealtyTrac U.S. Foreclosure Market Reportf provides the total number of propertiesd with at least one foreclosurde filing reported during the Data is collected from morethan 2,2090 counties that account for more than 90 percent of the nation’zs population.
The state posted 58,931 foreclosure filing s — including default notices, scheduledd auctions and bank repossessions — in May, down 8.8 percenft from April’s total, but still 50 percent higher thanMay 2008, according to RealtyTrac’s monthly Foreclosure Markeyt Report. Only California had a higher with 92,249 properties with May 2009 foreclosures filings. The Sunshine State was No. 3 in the nation in foreclosure rates, with one in evert 148 households receiving a foreclosure filinbin May. Nevada led the countru with one in every 64 homes receivinta filing, while California was second highest with one in everyu 144. The Orlando-Kissimmee market took the No.
8 spot among the nation’ds top 10 metro areas with the highestforeclosurs rates. The area recorded a rate of one foreclosures filing for every101 homes. Florida had three citiezs among the top 10metr areas, while California had six cities among that mix. Las Vegaw topped the list with a rate of one in everg 54 households getting aforeclosure Nationwide, 321,480 foreclosure filings were reporter in May, which is 6 percenrt lower than April 2009, but about 18 percent higheer than May 2008. One in every 398 U.S. homes received a foreclosure notice last Vermont again recorded the lowest numbeof foreclosures, with six reported in May, or one for everyu 51,906 households.
The RealtyTrac U.S. Foreclosure Market Reportf provides the total number of propertiesd with at least one foreclosurde filing reported during the Data is collected from morethan 2,2090 counties that account for more than 90 percent of the nation’zs population.
Saturday, November 24, 2012
San Antonio is home to some of the country
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But there are thosw that are still hangingtough — including severap retailers that have a noted presence in San A Washington, D.C.-based stock researc h firm has released the results of its annua Top 20 Most Competitived Retail & Consumer Goods study. The analysis highlights those companies that have been able to keep reelinvg inthe customers, and the sales, despite the tough financial The results of the analysis, conductecd by , are based on several criteria, including a firm’sa ability to protect itself against rivalz stealing away customers, a firm’s abilit y to consistently meet the customers’ expectations, and profit Retailers were ranked according to theirr ability to build economic and consumer advantages and thus distinguish themselves from the myriad of competitors alongh the retail landscape.
A score of 100 was the highesgmark achievable. Coming in at No. 1, with a scor e of 92.7, was Coach. The luxury retailer currently has thred stores in SanAntonio — at Nortyh Star, Ingram Park Mall and The Shops at La Clothing retailers and came in at Nos. 2 and 3, with scoreds of 91.6 and 90.7, respectively. Both chains have a presence at The Jos A. Bank also has a store at Quarry Market and the Village atStone Oak. Aeropostalee has stores in North Star and Ingrak Park mallsas well. • Guess No. 6, with a score of 87; , No. 8, at 85.3; • , No. 9, at • , No. 10, at 81.8; , No. 11, at 80.9; Victoria’s Secret, No. 12, at • , No. 13, at • , No.
14, at 80.1; • , No. 15, at • , No. 17, at 78.3 • Carter’s, No. 18, at • , No. 19, at 77; , No. 20, at 76.7 Those firms in the currenyt Top 20 reportare “on tracko to emerge from the recession with greater customer and economic strength than their rivals,” accordinh to wRatings. In these chaotic times, the success of thesed companies is proof that there is stilp customer demand inthe “and the smartest companies are tapping into these new customed expectations and needs,” says Gary A.
CEO and founder of wRatings,
But there are thosw that are still hangingtough — including severap retailers that have a noted presence in San A Washington, D.C.-based stock researc h firm has released the results of its annua Top 20 Most Competitived Retail & Consumer Goods study. The analysis highlights those companies that have been able to keep reelinvg inthe customers, and the sales, despite the tough financial The results of the analysis, conductecd by , are based on several criteria, including a firm’sa ability to protect itself against rivalz stealing away customers, a firm’s abilit y to consistently meet the customers’ expectations, and profit Retailers were ranked according to theirr ability to build economic and consumer advantages and thus distinguish themselves from the myriad of competitors alongh the retail landscape.
A score of 100 was the highesgmark achievable. Coming in at No. 1, with a scor e of 92.7, was Coach. The luxury retailer currently has thred stores in SanAntonio — at Nortyh Star, Ingram Park Mall and The Shops at La Clothing retailers and came in at Nos. 2 and 3, with scoreds of 91.6 and 90.7, respectively. Both chains have a presence at The Jos A. Bank also has a store at Quarry Market and the Village atStone Oak. Aeropostalee has stores in North Star and Ingrak Park mallsas well. • Guess No. 6, with a score of 87; , No. 8, at 85.3; • , No. 9, at • , No. 10, at 81.8; , No. 11, at 80.9; Victoria’s Secret, No. 12, at • , No. 13, at • , No.
14, at 80.1; • , No. 15, at • , No. 17, at 78.3 • Carter’s, No. 18, at • , No. 19, at 77; , No. 20, at 76.7 Those firms in the currenyt Top 20 reportare “on tracko to emerge from the recession with greater customer and economic strength than their rivals,” accordinh to wRatings. In these chaotic times, the success of thesed companies is proof that there is stilp customer demand inthe “and the smartest companies are tapping into these new customed expectations and needs,” says Gary A.
CEO and founder of wRatings,
Wednesday, November 21, 2012
Raleigh-Cary second on list of 'best-performing' metros - Triangle Business Journal:
sucujovide.wordpress.com
and put together the 2008 listof America'ss "Best Performing Cities," which puts a special focus on technology growth. The list also puts Wilmington at No. 6 and Durhamm at No. 21. Last year, Wilmington ranked second on the while Raleigh was eightjh and Durhamwas 74th. Durham had the 10th larges t improvement among the 200 metropolitan areas ranked this Criteria used to put together the list includwejob growth, growth in wages, and an area’s high-tecu economic growth, the organizers say. Raleigh-Cary came in No. 1 for job growtg between March 2007 andMarch 2008. Durham ranked 11th in job growthu during thatsame period.
Durham's highes category ranking was fifth for concentration of hightech Raleigh-Cary ranked 18th in that Among other North Carolina Charlotte ranks No. 26, with Asheville No. 46, Winston-Sale No. 99 and Greensboro No. 141. Utah is No. 1 nationally, with Detroit at No. 200. To see the full . The Milken Institute is a nonpartisa n think tank basedin California. Greenstreeft Real Estate Partners is basesdin Miami.
and put together the 2008 listof America'ss "Best Performing Cities," which puts a special focus on technology growth. The list also puts Wilmington at No. 6 and Durhamm at No. 21. Last year, Wilmington ranked second on the while Raleigh was eightjh and Durhamwas 74th. Durham had the 10th larges t improvement among the 200 metropolitan areas ranked this Criteria used to put together the list includwejob growth, growth in wages, and an area’s high-tecu economic growth, the organizers say. Raleigh-Cary came in No. 1 for job growtg between March 2007 andMarch 2008. Durham ranked 11th in job growthu during thatsame period.
Durham's highes category ranking was fifth for concentration of hightech Raleigh-Cary ranked 18th in that Among other North Carolina Charlotte ranks No. 26, with Asheville No. 46, Winston-Sale No. 99 and Greensboro No. 141. Utah is No. 1 nationally, with Detroit at No. 200. To see the full . The Milken Institute is a nonpartisa n think tank basedin California. Greenstreeft Real Estate Partners is basesdin Miami.
Monday, November 19, 2012
NASCAR Sprint Cup Series Ford EcoBoost 400 - San Francisco Chronicle
kittredgeihuhyla1951.blogspot.com
San Francisco Chronicle | NASCAR Sprint Cup Series Ford EcoBoost 400 San Francisco Chronicle HOMESTEAD, FL - NOVEMBER 18: Brad Keselowski drives the #2 Miller Lite Dodge during the NASCAR Sprint Cup Series Ford EcoBoost 400 at Homestead-Miami Speedway on November 18, 2012 in Homestead, Florida. (Photo by Tom Pennington/Getty ... Keselowski wins Sprint Cup title Joey Logano Wins Pole for Homestead |
Saturday, November 17, 2012
NuStar leases new asphalt terminals - Sacramento Business Journal:
lebexab.wordpress.com
The asphalt terminals, owned by Tulsa, Okla.-base , are located in Saginaw, Texas; Gloucestefr City, N.J.; and Newport News, Va. Financial terms of the lease s werenot released. The new terminal are expected toadd 1.5 milliomn barrels of storage capacity to NuStar’as asphalt operations. “We’re excited to reachn this agreement with SemGroup as it will give us the opportunitty to generate additional sales from the asphalt produces at ourPaulsboro (N.J.) and Savannah refineries,” says Curt NuStar president and CEO.
“It’s also beneficiao to our customers because they will have greatedr access to a wide variety of locations and San Antonio-based NuStar Energy (NYSE: NS) owns and operates 8,491 miles of pipeline, 82 terminal facilities, four crud oil storage tank facilities and two asphal refineries with a combined throughput capacity of 104,00p0 barrels per day. It is one of the largest asphalt refiners and marketers inthe U.S. and the second larges independent liquids terminal operator inthe nation. NuStaf has operations in the United States, the Netherlands Canada, Mexico, the Netherlands and the Uniteds Kingdom.
The asphalt terminals, owned by Tulsa, Okla.-base , are located in Saginaw, Texas; Gloucestefr City, N.J.; and Newport News, Va. Financial terms of the lease s werenot released. The new terminal are expected toadd 1.5 milliomn barrels of storage capacity to NuStar’as asphalt operations. “We’re excited to reachn this agreement with SemGroup as it will give us the opportunitty to generate additional sales from the asphalt produces at ourPaulsboro (N.J.) and Savannah refineries,” says Curt NuStar president and CEO.
“It’s also beneficiao to our customers because they will have greatedr access to a wide variety of locations and San Antonio-based NuStar Energy (NYSE: NS) owns and operates 8,491 miles of pipeline, 82 terminal facilities, four crud oil storage tank facilities and two asphal refineries with a combined throughput capacity of 104,00p0 barrels per day. It is one of the largest asphalt refiners and marketers inthe U.S. and the second larges independent liquids terminal operator inthe nation. NuStaf has operations in the United States, the Netherlands Canada, Mexico, the Netherlands and the Uniteds Kingdom.
Friday, November 16, 2012
MTV's 'Restore the Shore' telethon drums up support for a Seaside rebuild - The Star-Ledger - NJ.com
xiwyxucupewox.blogspot.com
The Star-Ledger - NJ.com | MTV's 'Restore the Shore' telethon drums up support for a Seaside rebuild The Star-Ledger - NJ.com restore-the-shore-mtv-telethon-jersey-shore.jpg Tonight the "Jersey Shore" cast came to the aid of Seaside, their old haunt. MTV. It wasn't their home, but for the summers, it was. Like so many visitors to the Shore, they made it their fun-time calling ... |
Thursday, November 15, 2012
Eco websites Mother Nature Network and TreeHugger merge - USA TODAY
cicugaha.wordpress.com
Eco websites Mother Nature Network and TreeHugger merge USA TODAY Ad executive Joel Babbit, left, and Rolling Stones keyboardist Chuck Leavell founded the environmental website Mother Nature Network in 2009. They're shown here at the company's Atlanta headquarters in August 2010. (Photo: Neda Abghari) ... |
Saturday, November 10, 2012
Cincinnati Things to Do - View Cincinnati Attractions
batyushkinuxit.blogspot.com
Hofbrauhaus Newport 200 E. 3rd Streety Newport, KY 41071 (859) 491-7200 Locatede on 3rd and Saratoga atthe Levee. Yes, it's a restauran and a bar, but a true must-see in German-centrix Cincinnati. America's first Hofbrauhaus featuree live oompah-music and a large outdoor beer Fun and friendly is the atmosphere in the Bier with live music and about350 seats. Many dished are prepared with ingredients speciallyh made locally for the Hofbrauhaus or importedrfrom abroad. The Bier Garden, with freshly planteds trees andshade awnings, seats 400.
The view is of Newportt
Hofbrauhaus Newport 200 E. 3rd Streety Newport, KY 41071 (859) 491-7200 Locatede on 3rd and Saratoga atthe Levee. Yes, it's a restauran and a bar, but a true must-see in German-centrix Cincinnati. America's first Hofbrauhaus featuree live oompah-music and a large outdoor beer Fun and friendly is the atmosphere in the Bier with live music and about350 seats. Many dished are prepared with ingredients speciallyh made locally for the Hofbrauhaus or importedrfrom abroad. The Bier Garden, with freshly planteds trees andshade awnings, seats 400.
The view is of Newportt
Friday, November 9, 2012
Valley Center
tenamup.wordpress.com
It is the centerpiecse of a $57.5 millio bond voters approved last June. The bond’s passage — as well as severa other area school bonds gave local contractors and architectas an opportunity to secure more work as commerciapl construction waned last fall with the onset of theeconomic “We get a space for some we try and fill it,” says Randy Coonrod, president of the construction manager for Valley Center’s bond “Valley Center fit us great.
We’ver been fortunate we’ve always been able to fill our Coonrod also is workingon $50 million worthg of school construction in Chapman, and likelt will bid on some of the work from $370 million bond issue voters approveds last fall. “We follow and do schools all Coonrod says. “It’s one of our major Bond work also is helping architectsw fill gaps in theirwork portfolios. is working on Valley Center’e bond projects as well as a $16.3 milliojn renovation to . Forty percent of the firm’ds Wichita portfolio is in school jobs.
Ken Helmer, one of the firm’xs managing principals, says bond work comes during what has been a toughn yearfor private-sector projects. “We’re just seeinf 2009 as a treading-water year,” Helmer told the in January. He said then securinh work on Wichita’s bond was perfect timing for the firm becauser it would be nearing completion onValleyt Center’s bond and finishing a high schoop addition in Haysville. On Schedule, Under Budget Work on Valleyu Center’s bond projects continues to move forwardxon schedule, says Scott Springston, the district’s superintendent.
Installing artificia turf on the high school football fielc was the first bondproject completed. Expansion s at the district’s three elementarh schools are progressingas well. Bids for thosd and several other projects, Springston were less than initial projections. The high school is one such The $34 million price tag is about $2.6 million less than originallyu thought. “It’s great to be in a situationn where bidsare under,” Springston says. He says lowere costs could free up extra money to fund project that were eliminated from the bond plan or reduced tocontrool costs, such as technology improvements.
The high schooll will have an 1,100-student capacity, two floors, a top-loadedf gym where people access seating from the second and 10tennis courts. The site won’t include any other athleti c facilities. “We will definitely have the capacituy to hostlarge events,” Springsto says. Valley Center also has starterd the design phase for its transportationj facility andcentral office. The district hopes to have all of the bond work completesd byJuly 2011. “Everything is running on schedule,” Springstonj says.
It is the centerpiecse of a $57.5 millio bond voters approved last June. The bond’s passage — as well as severa other area school bonds gave local contractors and architectas an opportunity to secure more work as commerciapl construction waned last fall with the onset of theeconomic “We get a space for some we try and fill it,” says Randy Coonrod, president of the construction manager for Valley Center’s bond “Valley Center fit us great.
We’ver been fortunate we’ve always been able to fill our Coonrod also is workingon $50 million worthg of school construction in Chapman, and likelt will bid on some of the work from $370 million bond issue voters approveds last fall. “We follow and do schools all Coonrod says. “It’s one of our major Bond work also is helping architectsw fill gaps in theirwork portfolios. is working on Valley Center’e bond projects as well as a $16.3 milliojn renovation to . Forty percent of the firm’ds Wichita portfolio is in school jobs.
Ken Helmer, one of the firm’xs managing principals, says bond work comes during what has been a toughn yearfor private-sector projects. “We’re just seeinf 2009 as a treading-water year,” Helmer told the in January. He said then securinh work on Wichita’s bond was perfect timing for the firm becauser it would be nearing completion onValleyt Center’s bond and finishing a high schoop addition in Haysville. On Schedule, Under Budget Work on Valleyu Center’s bond projects continues to move forwardxon schedule, says Scott Springston, the district’s superintendent.
Installing artificia turf on the high school football fielc was the first bondproject completed. Expansion s at the district’s three elementarh schools are progressingas well. Bids for thosd and several other projects, Springston were less than initial projections. The high school is one such The $34 million price tag is about $2.6 million less than originallyu thought. “It’s great to be in a situationn where bidsare under,” Springston says. He says lowere costs could free up extra money to fund project that were eliminated from the bond plan or reduced tocontrool costs, such as technology improvements.
The high schooll will have an 1,100-student capacity, two floors, a top-loadedf gym where people access seating from the second and 10tennis courts. The site won’t include any other athleti c facilities. “We will definitely have the capacituy to hostlarge events,” Springsto says. Valley Center also has starterd the design phase for its transportationj facility andcentral office. The district hopes to have all of the bond work completesd byJuly 2011. “Everything is running on schedule,” Springstonj says.
Thursday, November 8, 2012
National City Mortgage faces possible cuts - St. Louis Business Journal:
judonebolayb1394.blogspot.com
Spokesman Pat McMahon said PNC (NYSE: PNC) is committe d to National City Mortgage and theDaytonb area, but as a result of the it is looking to eliminate 5,800 positions throughout its geographic presence. PNC now has 2,5009 Dayton-area employees at both its banking andmortgagre operations, but McMahon wouls not say how many local workers would be cut. “Wre have a significant presencre inMiami Township, but we have said all alont there would be job impact as a part of the merged McMahon said. He said PNC is not breaking out stafrf reductions by geographic location or business but it will provide informationon “expenswe reductions” in its quarterly updates.
PNC has a goal of reducing expenseeby $1.2 billion, part of which will come through a reductioh in employment. McMahon said it is too earlu to say what the net outcome will be inMiamij Township, but the company’s long-term strategy is to grow the companyg and add jobs. “We have a meaningful presencde in theDayton area. It’s an important markert and we want to beaggressive there,” McMahobn said. As a part of the National City branch locations in the Dayton area are scheduled to begin being re-branded as PNC branchesa in the first half of 2010.
Spokesman Pat McMahon said PNC (NYSE: PNC) is committe d to National City Mortgage and theDaytonb area, but as a result of the it is looking to eliminate 5,800 positions throughout its geographic presence. PNC now has 2,5009 Dayton-area employees at both its banking andmortgagre operations, but McMahon wouls not say how many local workers would be cut. “Wre have a significant presencre inMiami Township, but we have said all alont there would be job impact as a part of the merged McMahon said. He said PNC is not breaking out stafrf reductions by geographic location or business but it will provide informationon “expenswe reductions” in its quarterly updates.
PNC has a goal of reducing expenseeby $1.2 billion, part of which will come through a reductioh in employment. McMahon said it is too earlu to say what the net outcome will be inMiamij Township, but the company’s long-term strategy is to grow the companyg and add jobs. “We have a meaningful presencde in theDayton area. It’s an important markert and we want to beaggressive there,” McMahobn said. As a part of the National City branch locations in the Dayton area are scheduled to begin being re-branded as PNC branchesa in the first half of 2010.
Monday, November 5, 2012
Clear: No refunds for members - Orlando Business Journal:
judonebolayb1394.blogspot.com
On its Web site, blamed its financial condition for its inability to handout refunds. The companu shut down its lanes at Orlando Internationao Airport and other airporta on Monday night because it failed to come to termse with amajor creditor. New York-based Verifie Identity Pass said earlier this weekit “has been unablew to negotiate an agreement with its seniotr creditor to continue operations.” Clear members paid up to $199 for an annualk membership for access to designated security lanes at participating airportsa nationwide. Members provided biometric data, which was encoded on a for the promise of a speediert and convenient trip through airport security.
In other company news, Verified Identity Pass said applicanf and member data is currently secured in accordance withthe ’s Privacy and Compliance Standards. It said it will continue to secure such information and will take appropriate stepa to deletethe information.
On its Web site, blamed its financial condition for its inability to handout refunds. The companu shut down its lanes at Orlando Internationao Airport and other airporta on Monday night because it failed to come to termse with amajor creditor. New York-based Verifie Identity Pass said earlier this weekit “has been unablew to negotiate an agreement with its seniotr creditor to continue operations.” Clear members paid up to $199 for an annualk membership for access to designated security lanes at participating airportsa nationwide. Members provided biometric data, which was encoded on a for the promise of a speediert and convenient trip through airport security.
In other company news, Verified Identity Pass said applicanf and member data is currently secured in accordance withthe ’s Privacy and Compliance Standards. It said it will continue to secure such information and will take appropriate stepa to deletethe information.
Sunday, November 4, 2012
Officer: Journalist took Novi's half-naked pic - Jakarta Post
eragywaqer.wordpress.com
Jakarta Post | Officer: Journalist took Novi's half-naked pic Jakarta Post A Taman Sari police officer, who was allegedly found to have two pictures of model Novi Amalia wearing only her underwear during her arrest, obtained them from a reporter, Jakarta Police spokesman Sr. Comr. Rikwanto said on Thursday. Rikwanto said that ... |
Friday, November 2, 2012
SHAW'S Announces Workforce Reduction - DailyFinance
iqukikofor.wordpress.com
Philadelphia Inquirer | SHAW'S Announces Workforce Reduction DailyFinance WEST BRIDGEWATER, Mass.--(BUSINESS WIRE)-- SHAW'S Supermarkets®, a subsidiary of SUPERVALU INC. (NYS: SVU) , today announced plans to reduce its store-level workforce by an estimated 700 positions. These reductions, which will occur across ... Supervalu to lay o ff 700 at its Shaw's chain Shaw's Supermarkets to cut 700 workers Shaw's Supermarkets is cutting 700 jobs, or just under 4 percent of its employees |
Thursday, November 1, 2012
Universities chase stimulus cash for shovel-ready projects - Business First of Louisville:
fusajacuxejilyp.blogspot.com
The tens of millions of dollars in grant proposals are targetinyg funding streams flowing down through the Americamn Recovery andReinvestment Act’s shovel-ready initiatives. Universities faced with consecutive yearss of funding cuts are angling to usethe shovel-readyy cash to catch up on much-needed facility build classrooms to handle the influx of studentws in need of re-training or tackle big capitak projects aimed at bolstering academice and research. The approach is twofold at , which has seen its studenft population surge by 12 percent in the past two due in part torising unemployment.
The collegd is seeking $45 million to build additionakl classroom capacity on its three main campuses as well as to enhance vocational trainintg facilitiesin high-demand occupations, according to Ellyn director of the office of grants development. The college wants the among other projects, to builsd out its and the Maroone Automotive Program in Miramar to emphasizes curriculum on maintaining and repairing emerging greej energy and hybrid systems in boatzand cars. It also wants to expand classroomss foraviation training, including a facility to train a new generatiojn of air traffic which are expected to be in high demand in a few yearz to replace a wave of retiring Drotzer said.
“These are all shovel ready,” she said. “Wer have a history of training in technical trades an now we are lookinbg to be responsive to providing curriculum in this new emerginfg industry of green The ’s 18-member stimulus workingf group meets regularly to discuss opportunitiexs and set a course to capture as much of the federapl cash as possible. So far, the schoolo has more than 400 proposals seeking in excessof $350 milliomn in funding. “We saw this as a very significantf opportunity for the university and to do something for the saidRichard Bookman, vice provost of research at UM.
Among the projectes on the school’s shovel-ready wish list is a new $45 seawateer research center at UM’a Rosenstiel School of Marine and Atmospheric Science onVirginiw Key, he said. The university is seekingb $15 million from the and $15 milliobn from the to help buildthe center, whichy will study sea creatures as well as the physic s of waves on structures. UM is also is submittinh proposals fora $15 million to $20 milliomn addition to a science building at its Coral Gable campus and a multi-story research building at its medical has science, green technologty and culinary training on its shovel-readuy submission list. The school is requestinvg help fundinga $22.
7 million hospitality management center to hous e a culinary arts school as well as $40 millionj for an extensive renovation and upgradee to decades-old facilities at its north campues and $1.2 million for an and But by most accounts competition for stimulus funds will be And specific funding priorities from federal and state allocators beyond short-term projects that would creatde jobs quickly remains unclear, said Camille assistant VP and interinm director of sponsored research at . “They are not telling us what they arelooking for,” she said. But FAU is seekinhg $4.
5 million to help buildx out water reuse infrastructure at itsnewl opened, gold level Leadership in Energyh and and platinum level engineering building, slated to open in 2010. The universit y also is seeking federal stimulus funda to create a road connectore system at its main campus off Glades Road in Boca Ratonb andadditional parking. It also wants fundingg to put a green roof on itsadministratiojn building. While the application procesx is infull swing, UM’s Bookman doesn’t expect the winning projects to be announcede until the fall.
The tens of millions of dollars in grant proposals are targetinyg funding streams flowing down through the Americamn Recovery andReinvestment Act’s shovel-ready initiatives. Universities faced with consecutive yearss of funding cuts are angling to usethe shovel-readyy cash to catch up on much-needed facility build classrooms to handle the influx of studentws in need of re-training or tackle big capitak projects aimed at bolstering academice and research. The approach is twofold at , which has seen its studenft population surge by 12 percent in the past two due in part torising unemployment.
The collegd is seeking $45 million to build additionakl classroom capacity on its three main campuses as well as to enhance vocational trainintg facilitiesin high-demand occupations, according to Ellyn director of the office of grants development. The college wants the among other projects, to builsd out its and the Maroone Automotive Program in Miramar to emphasizes curriculum on maintaining and repairing emerging greej energy and hybrid systems in boatzand cars. It also wants to expand classroomss foraviation training, including a facility to train a new generatiojn of air traffic which are expected to be in high demand in a few yearz to replace a wave of retiring Drotzer said.
“These are all shovel ready,” she said. “Wer have a history of training in technical trades an now we are lookinbg to be responsive to providing curriculum in this new emerginfg industry of green The ’s 18-member stimulus workingf group meets regularly to discuss opportunitiexs and set a course to capture as much of the federapl cash as possible. So far, the schoolo has more than 400 proposals seeking in excessof $350 milliomn in funding. “We saw this as a very significantf opportunity for the university and to do something for the saidRichard Bookman, vice provost of research at UM.
Among the projectes on the school’s shovel-ready wish list is a new $45 seawateer research center at UM’a Rosenstiel School of Marine and Atmospheric Science onVirginiw Key, he said. The university is seekingb $15 million from the and $15 milliobn from the to help buildthe center, whichy will study sea creatures as well as the physic s of waves on structures. UM is also is submittinh proposals fora $15 million to $20 milliomn addition to a science building at its Coral Gable campus and a multi-story research building at its medical has science, green technologty and culinary training on its shovel-readuy submission list. The school is requestinvg help fundinga $22.
7 million hospitality management center to hous e a culinary arts school as well as $40 millionj for an extensive renovation and upgradee to decades-old facilities at its north campues and $1.2 million for an and But by most accounts competition for stimulus funds will be And specific funding priorities from federal and state allocators beyond short-term projects that would creatde jobs quickly remains unclear, said Camille assistant VP and interinm director of sponsored research at . “They are not telling us what they arelooking for,” she said. But FAU is seekinhg $4.
5 million to help buildx out water reuse infrastructure at itsnewl opened, gold level Leadership in Energyh and and platinum level engineering building, slated to open in 2010. The universit y also is seeking federal stimulus funda to create a road connectore system at its main campus off Glades Road in Boca Ratonb andadditional parking. It also wants fundingg to put a green roof on itsadministratiojn building. While the application procesx is infull swing, UM’s Bookman doesn’t expect the winning projects to be announcede until the fall.
Tuesday, October 30, 2012
Dow jumps to start June; General Moly leads Colorado gainers - Charlotte Business Journal:
ovaluleq.wordpress.com
The Dow Jones Industrial Averagr finished the trading day at up 221.11 points (2.6 percent percent). The S&o 500 closed at 942.87, up 23.73 points (2.58 The NASDAQ Composite finished at up 54.35 points (3.06 percent). Among actively traded Colorado Lakewood-based molybdenum mining company General Moly ledthe day’s gainers, up 23.94 percenrt (51 cents) to closre at $2.64. • (DPTR) — Up 15.5 perceny (31 cents) to $2.31. • — Up 10.53 percenf (10 cents) to • (PLD) — Up 9.07 percent (77 to $9.26. • (AIV) — Up 7.2 percent (68 to $10.13. Among actively tradedr Colorado stocks that declined on the day was ArcaBiopharma Inc.
(ABIO), down 44.78 percent ($4.16) to closer at $5.13. The Broomfield-based biotech said the Food and Drug Administratioh wants it to conduct more clinicap testson Gencaro, its experimental heart-failure drug that Arca want s the FDA to approve. • (NEM) — Down 1.8 percent (88 to $47.99. • (Q) Down 0.69 percent (3 cents) to • (ALTH) — Down 0.69 percentf (5 cents) to Dow Jones & Co. said Monday it is adding and Travelers Cos. to the Dow Jones Industrial Average and droppinb General Motorsand , effective June 8.
The Dow Jones Industrial Averagr finished the trading day at up 221.11 points (2.6 percent percent). The S&o 500 closed at 942.87, up 23.73 points (2.58 The NASDAQ Composite finished at up 54.35 points (3.06 percent). Among actively traded Colorado Lakewood-based molybdenum mining company General Moly ledthe day’s gainers, up 23.94 percenrt (51 cents) to closre at $2.64. • (DPTR) — Up 15.5 perceny (31 cents) to $2.31. • — Up 10.53 percenf (10 cents) to • (PLD) — Up 9.07 percent (77 to $9.26. • (AIV) — Up 7.2 percent (68 to $10.13. Among actively tradedr Colorado stocks that declined on the day was ArcaBiopharma Inc.
(ABIO), down 44.78 percent ($4.16) to closer at $5.13. The Broomfield-based biotech said the Food and Drug Administratioh wants it to conduct more clinicap testson Gencaro, its experimental heart-failure drug that Arca want s the FDA to approve. • (NEM) — Down 1.8 percent (88 to $47.99. • (Q) Down 0.69 percent (3 cents) to • (ALTH) — Down 0.69 percentf (5 cents) to Dow Jones & Co. said Monday it is adding and Travelers Cos. to the Dow Jones Industrial Average and droppinb General Motorsand , effective June 8.
Monday, October 29, 2012
LexisNexis data breach linked to New York mob family - Puget Sound Business Journal (Seattle):
belyaevostapuki.blogspot.com
The New York-based company — whic has 3,000 employees in the Daytob area — has sent 13,000 letterss to former customers whose personal data may be at the company said ina statement. The breach involved a forme customer for a companycalled , which LexisNexi s bought in 2004, and was announced by the U.S. Attorney for the Southernb District of Floridain May, according to a LexisNexisw spokesperson. “(The) customer involved in this matter should have provided notice to potentiallyaffectexd individuals,” LexisNexis said in a statement.
“However, because the customer is no longer in business we provided the According tothe — which includes CIO magazine and PC Worlr — the New Hampshire Departmenr of Justice posted a document Fridayu on its Web site to inforjm consumers about the breach. By Mondayg evening, however, the link had been The document reportedly tied aFlorida man, with mob connections to the Bonann crime family, with accessint LexisNexis data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separate investigatiomn into alleged credit card fraud, perpetrated by formet customers of the company, accordin to a company statement.
That fraud occurredf from June 2004 toOctober 2007. The U.S. Postalp Inspection Service released a statement thatsaid 40,0000 letters will be sent to consumersd and 300 victims have been identifies in an investigation concerning the breach. The company was part of a similadr incident in 2005 and sent letters thento 280,00 customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishingf conglomerate.
The company is an online information services and publishingh companywith 13,000 people
The New York-based company — whic has 3,000 employees in the Daytob area — has sent 13,000 letterss to former customers whose personal data may be at the company said ina statement. The breach involved a forme customer for a companycalled , which LexisNexi s bought in 2004, and was announced by the U.S. Attorney for the Southernb District of Floridain May, according to a LexisNexisw spokesperson. “(The) customer involved in this matter should have provided notice to potentiallyaffectexd individuals,” LexisNexis said in a statement.
“However, because the customer is no longer in business we provided the According tothe — which includes CIO magazine and PC Worlr — the New Hampshire Departmenr of Justice posted a document Fridayu on its Web site to inforjm consumers about the breach. By Mondayg evening, however, the link had been The document reportedly tied aFlorida man, with mob connections to the Bonann crime family, with accessint LexisNexis data. New Hampshire officials could not be In May, LexisNexis announced it is part of a separate investigatiomn into alleged credit card fraud, perpetrated by formet customers of the company, accordin to a company statement.
That fraud occurredf from June 2004 toOctober 2007. The U.S. Postalp Inspection Service released a statement thatsaid 40,0000 letters will be sent to consumersd and 300 victims have been identifies in an investigation concerning the breach. The company was part of a similadr incident in 2005 and sent letters thento 280,00 customers who may have been victims of identity LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishingf conglomerate.
The company is an online information services and publishingh companywith 13,000 people
Sunday, October 28, 2012
Eternal Charm Along the Hudson River - New York Times
stages-paddocks.blogspot.com
New York Times | Eternal Charm Along the Hudson River New York Times Anchored on Thomas Cole's “The Course of Empire†(1834-1836), the landscapes are part of the exhibition “Nature and the Grand American Vision: Masterpieces of the Hudson River School,†which was completing a national tour at the time of the society's ... |
Friday, October 26, 2012
Consol Energy's $11 million loss tied to mine idlings [The Pittsburgh Tribune ... - Businessweek
geqopimozaqyxyh.blogspot.com
Consol Energy's $11 million loss tied to mine idlings [The Pittsburgh Tribune ... Businessweek Sustained lower prices for dry gases -- fuels that lack liquids used to produce chemicals -- can lead to disappointing financial results from energy companies, said Rick Gordon, president of consulting firm Gordon Energy Solutions LLC of Overland Park ... |
Syrian regime and rebels constantly adapt arsenals The Associated Press By BEN HUBBARD, Associated Press â€" 1 minute ago. ALEPPO, Syria (AP) â€" It was long past midnight, but the rebel commander couldn't sleep until his fighters returned from the Turkish border with the latest shipment of gear meant to help them battle the ... |
Wednesday, October 24, 2012
Monday, October 22, 2012
McAfee launches online cybercrime aid for victims - Silicon Valley / San Jose Business Journal:
houghtalingbaemo1268.blogspot.com
Santa Clara-based McAfee (NYSE:MFE) citee Consumer Reports, which said consumers in the Unite States have lost closeto $8.5 billiob over the last two years to cybercrime. “With physical crime you know rightg away if your house has been broken into or your car has been butwith cybercrime, it’s not that obvious. Most peopls don’t even know they’re a victim, and they rarelyu know what todo next,” said CEO Dave “The Cybercrime Response Unit is an ‘onlines 911’ that can triage your situation and direcg you to recovery. We’ll get you to the righrt resources immediately.
” The site also provides a forensic scanningf tool basedon McAfee’e Global Threat Intelligence. It assesses whether an individual has malware running on his or her computert or has visited malicious Web sites that may have stolepersonal information. Specially-trained people will be available live to assisg victims by telephone in the mostseriouxs cases, McAfee said.
Santa Clara-based McAfee (NYSE:MFE) citee Consumer Reports, which said consumers in the Unite States have lost closeto $8.5 billiob over the last two years to cybercrime. “With physical crime you know rightg away if your house has been broken into or your car has been butwith cybercrime, it’s not that obvious. Most peopls don’t even know they’re a victim, and they rarelyu know what todo next,” said CEO Dave “The Cybercrime Response Unit is an ‘onlines 911’ that can triage your situation and direcg you to recovery. We’ll get you to the righrt resources immediately.
” The site also provides a forensic scanningf tool basedon McAfee’e Global Threat Intelligence. It assesses whether an individual has malware running on his or her computert or has visited malicious Web sites that may have stolepersonal information. Specially-trained people will be available live to assisg victims by telephone in the mostseriouxs cases, McAfee said.
Sunday, October 21, 2012
Gaston gets a recruiting reality check - Charlotte Business Journal:
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That strategy, however, hasn’r delivered the kind of results that woulc offset the ongoing collapse oftextile employment. Now they know why. The The county is missing just abour everything that wouldattract white-collar According to a recently completed study by a Charlotte Gaston County lacks: •Available Class-A office •Housing suitable for executives. •High-end shopping and othedr amenitiesfor higher-income residents. Also an educated work force. In the county has a shortage of potentia l employees withgraduate degrees.
Donny Hicks, executive directo r of the , says the studyy will help the county address the underlyingb needs and createa better-defined recruiting “We have guys sayin g we ought to have millions of square feet of office or offic towers. It’s just not realistic.” The $24,0090 study by Frank Warren of of Charlotter was commissioned bythe EDC. “We told them that they need to think aboutthis incrementally,” Warren says. Some Gasto n government leaders were focused on development of major officwe parks similar to Ballantyne and Whitehall in south Warren says. Instead they should thinkk in termsof 25,000- to 50,000-square-foort buildings, he says.
Developers aren’t likely to invesgt heavily in office projects in Gaston because the lease rates in thatmarket wouldn’t justify the In Charlotte, lease rates in Class- buildings in suburban markets average $23 per squarr foot. Gaston buildings might expect $15 per squard foot at the most, the study The study says fewer Gaston resident s have advanced degrees than those inMecklenburg County. Gasto n residents also lagged onSAT scores, Warren says. “The important thing is you’ve got to inves in your schools to create the perception that they are he says.
If Gaston were successful in attractingoffice developments, chancess are the executives couldn’t find Warren wrote in the report. “Most houses are not targetefd at potential officespace decision-makers or management-level The study also gives a glimpse at how competitivse the Charlotte region is for office Of the square footage planned in largde office parks in the region, 78% is in Mecklenburg. Plus, Gaston faces competition with other surrounding countiese that have been successfulp inattracting white-collar jobs, such as York County.
“Forf Mill has leveraged its I-77 access and strong school system, educatefd labor force and aggressive SouthuCarolina incentives,” Warren says. With the help of the Hicks says it will probably take 10 years to bring significant numbers of offices jobsto “And it will probably be in the back end of that 10 Gaston County, which has a total work force of posted a 15.3% jobless rate in
That strategy, however, hasn’r delivered the kind of results that woulc offset the ongoing collapse oftextile employment. Now they know why. The The county is missing just abour everything that wouldattract white-collar According to a recently completed study by a Charlotte Gaston County lacks: •Available Class-A office •Housing suitable for executives. •High-end shopping and othedr amenitiesfor higher-income residents. Also an educated work force. In the county has a shortage of potentia l employees withgraduate degrees.
Donny Hicks, executive directo r of the , says the studyy will help the county address the underlyingb needs and createa better-defined recruiting “We have guys sayin g we ought to have millions of square feet of office or offic towers. It’s just not realistic.” The $24,0090 study by Frank Warren of of Charlotter was commissioned bythe EDC. “We told them that they need to think aboutthis incrementally,” Warren says. Some Gasto n government leaders were focused on development of major officwe parks similar to Ballantyne and Whitehall in south Warren says. Instead they should thinkk in termsof 25,000- to 50,000-square-foort buildings, he says.
Developers aren’t likely to invesgt heavily in office projects in Gaston because the lease rates in thatmarket wouldn’t justify the In Charlotte, lease rates in Class- buildings in suburban markets average $23 per squarr foot. Gaston buildings might expect $15 per squard foot at the most, the study The study says fewer Gaston resident s have advanced degrees than those inMecklenburg County. Gasto n residents also lagged onSAT scores, Warren says. “The important thing is you’ve got to inves in your schools to create the perception that they are he says.
If Gaston were successful in attractingoffice developments, chancess are the executives couldn’t find Warren wrote in the report. “Most houses are not targetefd at potential officespace decision-makers or management-level The study also gives a glimpse at how competitivse the Charlotte region is for office Of the square footage planned in largde office parks in the region, 78% is in Mecklenburg. Plus, Gaston faces competition with other surrounding countiese that have been successfulp inattracting white-collar jobs, such as York County.
“Forf Mill has leveraged its I-77 access and strong school system, educatefd labor force and aggressive SouthuCarolina incentives,” Warren says. With the help of the Hicks says it will probably take 10 years to bring significant numbers of offices jobsto “And it will probably be in the back end of that 10 Gaston County, which has a total work force of posted a 15.3% jobless rate in
Friday, October 19, 2012
Report: Foreclosures are top sellers - Charlotte Business Journal:
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said banks that are willinfg to deal on foreclosed unitas are driving the firstquartetr activity. For example, Shoma at Keys Cove in soutg Miami-Dade County sold the most, with 50 unites closing in thefirst quarter. The Vue at Brickello sold 25 condos, rankinvg it seventh on CondoReports.com’ top-100 list. “Many banks have taken ownershi of units in these buildings and are lookingt toget out,” said Adam president of CondoReports.com. “Banks, either through short sales or unitds they own as a resultof foreclosures, are the most active sellerse in today’s market as they are willing to accep t market prices.
” The 10 most active building s produced an average of 29 sales, or one sale every three days. The buildings accounted for more than 11 percent of all condok salesin Miami-Dade, according to a CondoReports.cokm news release. Most of the activity is tied to individuaounit sales, and not bulk buys, Cappell said. “These buildings are movinb toward stability as speculative investora and thinly capitalized owners are beintg replaced witheither owner-occupant or well-capitalized, patient investors buying in at a much lowedr cost,” Cappel said in the statement. “Most are individualo unit sales.
The study looked at closes salesin 2,000 condo projects with at least 50 unit throughout Miami-Dade. The study excluded units delivered in 2008 and 2009 becausde those sales were likely driven bypreconstruction contracts, Cappel said.
said banks that are willinfg to deal on foreclosed unitas are driving the firstquartetr activity. For example, Shoma at Keys Cove in soutg Miami-Dade County sold the most, with 50 unites closing in thefirst quarter. The Vue at Brickello sold 25 condos, rankinvg it seventh on CondoReports.com’ top-100 list. “Many banks have taken ownershi of units in these buildings and are lookingt toget out,” said Adam president of CondoReports.com. “Banks, either through short sales or unitds they own as a resultof foreclosures, are the most active sellerse in today’s market as they are willing to accep t market prices.
” The 10 most active building s produced an average of 29 sales, or one sale every three days. The buildings accounted for more than 11 percent of all condok salesin Miami-Dade, according to a CondoReports.cokm news release. Most of the activity is tied to individuaounit sales, and not bulk buys, Cappell said. “These buildings are movinb toward stability as speculative investora and thinly capitalized owners are beintg replaced witheither owner-occupant or well-capitalized, patient investors buying in at a much lowedr cost,” Cappel said in the statement. “Most are individualo unit sales.
The study looked at closes salesin 2,000 condo projects with at least 50 unit throughout Miami-Dade. The study excluded units delivered in 2008 and 2009 becausde those sales were likely driven bypreconstruction contracts, Cappel said.
Thursday, October 18, 2012
Salafists blamed for destroying Morocco stone carvings - BBC News
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BBC News | Salafists blamed for destroying Morocco stone carvings BBC News The rock engravings date back more than 8,000 years and include an image of the Sun depicted as a pagan god. "They were destroyed several days ago," said Aboubakr Anghir of the Amazigh League for Human Rights. "One of the carvings, c » |
Wednesday, October 17, 2012
'Voluntary Career Break' For Hong Kong Workers - Wall Street Journal (blog)
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Wall Street Journal (blog) | 'Voluntary Career Break' For Hong Kong Workers Wall Street Journal (blog) The company is also launching a “voluntary career break†program, which allows such staff to take extended holidays ranging between two weeks and six months, during which they are paid 20% of their regular salary. Some three-quarters of PwC's revenue . .. |
Monday, October 15, 2012
Steroid Shot Near Spine Gives Illness an Opening - New York Times
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Steroid Shot Near Spine Gives Illness an Opening New York Times One of the many troubling aspects of the national meningitis outbreak caused by a tainted steroid drug is that so many people are at risk: 14,000 are thought to have been exposed, mostly through injections near the spine for back or neck problems. The ... |
Sunday, October 14, 2012
Poizner questions selling State Fund assets - Los Angeles Business from bizjournals:
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“I am troubled by the details of the Poizner said in comments released to the San Francisco Business Timeson Thursday. “It specifically removes my participation from a transactionh that affects a company that writes more than one out of evertyfive workers’ compensation policies and is the largest insurancee company in the state.” Schwarzenegger’s proposal suggests that a sale of unspecifiede assets could raise $1 billion, but therer are no indications that the number corresponds to any specific tangible interest by would-be buyers.
who was pointedly left out of discussionas about theproposed sale, as was state Attornegy General Jerry Brown, said a “hasthy or ill-considered sale could wreak havoc on the already-volatile compensation market.” The governor has proposed selling assetes of San Francisco-based State Fund to help fill the state’z looming $24.3 billion budget Schwarzenegger’s revised budget, rejiggered after California voterw rejected a bevy of ballot propositions last month intendeed to right the state’s fiscal ship, is now beinyg considered by the state Legislature.
State Fund, California’sa insurer of last resort in the workers’ comp saw its share of the state comp market soar above 50 percent in the early yeards ofthe decade, when many private insurers stopped writinbg new business here. It still controlled abougt 23 percent of the market last selling closeto $1.7 billion in It covers an estimatee 180,000 or so small businesses, many of whic would have trouble finding affordable comp coverage from otherr carriers, according to Poizner and insurance industrgy sources.
In his statement to the San FranciscoiBusiness Times, Poizner mentioned construction firms and smal l farms as businesses that often cannot find coverage in the privatd market. “Any sale would have ramificationsthroughout California’s business affecting the availability and cost of compensation insurance for all (of) California’ss employers,” said Poizner, a Republican who is a contendere for his party’s nomination to replace who cannot run for reelectioh due to term limits. “Great care must be takenh to ensure that a sale of Statw Fund assets does not place additional stresson California’x already-reeling economy,” Poizner said.
Rachel a spokeswoman for the governor’s office, told the Businesse Times earlier this weekthat Schwarzenegger’s proposal is basefd on a determination to maintain a souncd workers’ comp system in California, keep at least part of Stated Fund intact, “and achieve the highest value for the state.” But some insurancse industry executives agree with Poiznef that the sale of a portion of State Fund coulr be risky. “It’s kind of Dave De Wenter, executive vice president and COO ofthe Torrance-based told the Business Times earlie in the week, predicting that such a sale coule turn into a huge boondogglee and damage State Fund’s financialo stability.
“It just sounds crazu to me,” Scott president of the Smalo Business Californiaadvocacy group, who also runs a San Franciscoo insurance brokerage that sells State Fund policies, in commentsz to the Los Angeles “Most of the smalol businesses that are with State Fund are therse because they can’t go anywhere If they are a more risky type of business, their ratexs will go way up.
”
“I am troubled by the details of the Poizner said in comments released to the San Francisco Business Timeson Thursday. “It specifically removes my participation from a transactionh that affects a company that writes more than one out of evertyfive workers’ compensation policies and is the largest insurancee company in the state.” Schwarzenegger’s proposal suggests that a sale of unspecifiede assets could raise $1 billion, but therer are no indications that the number corresponds to any specific tangible interest by would-be buyers.
who was pointedly left out of discussionas about theproposed sale, as was state Attornegy General Jerry Brown, said a “hasthy or ill-considered sale could wreak havoc on the already-volatile compensation market.” The governor has proposed selling assetes of San Francisco-based State Fund to help fill the state’z looming $24.3 billion budget Schwarzenegger’s revised budget, rejiggered after California voterw rejected a bevy of ballot propositions last month intendeed to right the state’s fiscal ship, is now beinyg considered by the state Legislature.
State Fund, California’sa insurer of last resort in the workers’ comp saw its share of the state comp market soar above 50 percent in the early yeards ofthe decade, when many private insurers stopped writinbg new business here. It still controlled abougt 23 percent of the market last selling closeto $1.7 billion in It covers an estimatee 180,000 or so small businesses, many of whic would have trouble finding affordable comp coverage from otherr carriers, according to Poizner and insurance industrgy sources.
In his statement to the San FranciscoiBusiness Times, Poizner mentioned construction firms and smal l farms as businesses that often cannot find coverage in the privatd market. “Any sale would have ramificationsthroughout California’s business affecting the availability and cost of compensation insurance for all (of) California’ss employers,” said Poizner, a Republican who is a contendere for his party’s nomination to replace who cannot run for reelectioh due to term limits. “Great care must be takenh to ensure that a sale of Statw Fund assets does not place additional stresson California’x already-reeling economy,” Poizner said.
Rachel a spokeswoman for the governor’s office, told the Businesse Times earlier this weekthat Schwarzenegger’s proposal is basefd on a determination to maintain a souncd workers’ comp system in California, keep at least part of Stated Fund intact, “and achieve the highest value for the state.” But some insurancse industry executives agree with Poiznef that the sale of a portion of State Fund coulr be risky. “It’s kind of Dave De Wenter, executive vice president and COO ofthe Torrance-based told the Business Times earlie in the week, predicting that such a sale coule turn into a huge boondogglee and damage State Fund’s financialo stability.
“It just sounds crazu to me,” Scott president of the Smalo Business Californiaadvocacy group, who also runs a San Franciscoo insurance brokerage that sells State Fund policies, in commentsz to the Los Angeles “Most of the smalol businesses that are with State Fund are therse because they can’t go anywhere If they are a more risky type of business, their ratexs will go way up.
”
Saturday, October 13, 2012
Fred Weber wins $4M Mississippi River Bridge contract - Pittsburgh Business Times:
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awarded Fred Weber a $4.44 million contract Wednesday to remov and replace the Madison Streetand St. Louis Avenu bridges over Interstate 70 indowntown St. Louis. The majority of work on this projecyt will start afterHighway 40/Interstate 64 reopens between Kingshighway and Interstat e 170. Crews will remove the St. Louis Avenue bridge first and then remove and replacee the MadisonStreet bridge. Duringf work to remove the MadisojStreet bridge, crews will also removr the Cass Avenue bridge in preparation for replacing that bridgew later in 2010. This work is part of preliminary work on a new Mississippijriver bridge, which is expected to reduc e congestion on the Poplar Streetf Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largesr privately held companiesin St. Louies with $353.3 million in revenur in 2008. The commercial construction firm is also workinyg onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gateway the consortium of contractors performing $535 million worth of improvementsx on Highway 40/Interstate 64.
awarded Fred Weber a $4.44 million contract Wednesday to remov and replace the Madison Streetand St. Louis Avenu bridges over Interstate 70 indowntown St. Louis. The majority of work on this projecyt will start afterHighway 40/Interstate 64 reopens between Kingshighway and Interstat e 170. Crews will remove the St. Louis Avenue bridge first and then remove and replacee the MadisonStreet bridge. Duringf work to remove the MadisojStreet bridge, crews will also removr the Cass Avenue bridge in preparation for replacing that bridgew later in 2010. This work is part of preliminary work on a new Mississippijriver bridge, which is expected to reduc e congestion on the Poplar Streetf Bridge.
Maryland Heights, Mo.-based Fred Weber is one of the largesr privately held companiesin St. Louies with $353.3 million in revenur in 2008. The commercial construction firm is also workinyg onthe $245 million reconstruction of AmerenUE’s Taum Sauk Reservoir in Johnson’s Shut-Ins state park and is part of Gateway the consortium of contractors performing $535 million worth of improvementsx on Highway 40/Interstate 64.
Thursday, October 11, 2012
Small-business indicators up - Tampa Bay Business Journal:
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Most of the gain in the ’ Index of Small Businese Optimism was due to an increase in the numbefrof small-business owners who expectr business conditions to improve in the next six Before last month, most small-business owners thought the economty would get worse; now a net 4 percenr think it will get More small businesses reduced employment than added and NFIB predicts the unemployment rate will stay abovre 6 percent in the coming months. The survey also found weak numbers for capital expendituress as well as plans for investmentz innew equipment.
“While Fed policy may be keeping financinhgcosts low, the weak economy has reduce the need for expansion and new and put pressure on cash flows, inducing owner to postpone discretionary capital outlays,” said NFIB Chieft Economist William Dunkelberg. Inflation was tied with weak sales as the biggest problemfacing small-business Only 2 percent said the cost and availability of credit was their biggest problem. Consumer bankruptcy filings were up 29 percentf in August compared with the same month ayear ago, accordinhg to the . Consumers filed 96,4123 bankruptcy cases this August — the highest monthl y number since new bankruptcy rules went into effecf inOctober 2005.
The changes force more debtors to pay off more oftheirt debts. Despite these tougher there is “a growing trend of U.S. consumers to seek bankruptcy as a way out offinanciaol problems,” said ABI Executive Director Samuel While consumers account for most bankruptcy filings by businesses also were up dramatically. Business filingx totaled 33,882 in the 12-month perioxd that ended June 30, 2008, a 42 percent increase over theprevious 12-month period. Institutional investors ownerd 76 percent of the stock ofthe nation’zs 1,000 largest corporations at the end of according to a new report by the Conferencer Board.
That’s another record high for institutional which are defined aspension funds, investment insurance companies, banks and Twenty years ago, institutional investors owned only 47 percent of the stocki of the 1,000 largest U.S. corporations.
Most of the gain in the ’ Index of Small Businese Optimism was due to an increase in the numbefrof small-business owners who expectr business conditions to improve in the next six Before last month, most small-business owners thought the economty would get worse; now a net 4 percenr think it will get More small businesses reduced employment than added and NFIB predicts the unemployment rate will stay abovre 6 percent in the coming months. The survey also found weak numbers for capital expendituress as well as plans for investmentz innew equipment.
“While Fed policy may be keeping financinhgcosts low, the weak economy has reduce the need for expansion and new and put pressure on cash flows, inducing owner to postpone discretionary capital outlays,” said NFIB Chieft Economist William Dunkelberg. Inflation was tied with weak sales as the biggest problemfacing small-business Only 2 percent said the cost and availability of credit was their biggest problem. Consumer bankruptcy filings were up 29 percentf in August compared with the same month ayear ago, accordinhg to the . Consumers filed 96,4123 bankruptcy cases this August — the highest monthl y number since new bankruptcy rules went into effecf inOctober 2005.
The changes force more debtors to pay off more oftheirt debts. Despite these tougher there is “a growing trend of U.S. consumers to seek bankruptcy as a way out offinanciaol problems,” said ABI Executive Director Samuel While consumers account for most bankruptcy filings by businesses also were up dramatically. Business filingx totaled 33,882 in the 12-month perioxd that ended June 30, 2008, a 42 percent increase over theprevious 12-month period. Institutional investors ownerd 76 percent of the stock ofthe nation’zs 1,000 largest corporations at the end of according to a new report by the Conferencer Board.
That’s another record high for institutional which are defined aspension funds, investment insurance companies, banks and Twenty years ago, institutional investors owned only 47 percent of the stocki of the 1,000 largest U.S. corporations.
Wednesday, October 10, 2012
Nokia Lumia 810: Hands on with T-Mobile's first Windows 8 phone - CNET
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TechCrunch | Nokia Lumia 810: Hands on with T-Mobile's first Windows 8 phone CNET Nokia and T-Mobile had a little surprise waiting for us when we landed in San Diego for MobileCon. The Nokia Lumia 810, a variant of the Nokia Lumia 820 for AT&T, will support T-Mobile's fastest HSPA+ 42 network. T-Mobile is keeping quiet on pricing or ... T-Mobile Gets a Nokia Windows Phone 8 of its own T-Mobile's Nokia Lumia 810 â€" We Go Hands On, But This Phone's Liter » |
Monday, October 8, 2012
Irwin Union parent faces NYSE delisting - Business First of Louisville:
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Columbus, Ind.-based Irwin Financial (NYSE: IFC) has 45 days to submiyt a plan toNYSE officials, the company said in a news If the plan is accepted, Irwin Financial’ss stock will continue to tradew on the NYSE, and the company’zs financial performance will be reviewe quarterly. Irwin Financial on May 11 reporteda $94 millio first-quarter loss on the heels of a $104 million loss in the fourthu quarter of 2008. The which has been stung by badmortgage loans, is tryingb to restructure its businesz to shift its focus from mortgage and home-equity lendinfg and equipment leasing to community banking.
Irwin Financial continues to pursue a plan to develooa public-private partnership with Columbus, Ind.-based engine-makerd and four other investors, which have agreed to buy up to $34 millioh of common shares after shareholders have been givem the first opportunity to invest in the offering. Thoss investors include Irwin Financial chairman and CEO Will Mille and his family members andHenry B. Schacht, a formed chairman and CEO of Cummins and Each ofIrwimn Financial’s board members also has promisedf to invest in the offering, whicj must meet the approval of banking regulatorsd and the .
If the funding plan is Irwin Financial should be able to meetNYSE requirements, the company said in the
Columbus, Ind.-based Irwin Financial (NYSE: IFC) has 45 days to submiyt a plan toNYSE officials, the company said in a news If the plan is accepted, Irwin Financial’ss stock will continue to tradew on the NYSE, and the company’zs financial performance will be reviewe quarterly. Irwin Financial on May 11 reporteda $94 millio first-quarter loss on the heels of a $104 million loss in the fourthu quarter of 2008. The which has been stung by badmortgage loans, is tryingb to restructure its businesz to shift its focus from mortgage and home-equity lendinfg and equipment leasing to community banking.
Irwin Financial continues to pursue a plan to develooa public-private partnership with Columbus, Ind.-based engine-makerd and four other investors, which have agreed to buy up to $34 millioh of common shares after shareholders have been givem the first opportunity to invest in the offering. Thoss investors include Irwin Financial chairman and CEO Will Mille and his family members andHenry B. Schacht, a formed chairman and CEO of Cummins and Each ofIrwimn Financial’s board members also has promisedf to invest in the offering, whicj must meet the approval of banking regulatorsd and the .
If the funding plan is Irwin Financial should be able to meetNYSE requirements, the company said in the
Sunday, October 7, 2012
William Boyd Printing site sold for $1.3M - The Business Review (Albany):
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Ltd., an affiliate of Cos. in Clifton Park, closed on the $1.3 million purchaswe on June 3. Cass Hill intendd to convert theformer 1.3-acre industrial site at 39-49 Sheridan Ave. into an office/retail/residentiall project. The property is located behind the Suites onChapel Street, near the heart of the city’s entertainmenr district. Tony Sabatino of representexd the seller. Cass Hill was represented by Eileem Lindbergof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachefd for comment.
Cass Hill owns several propertiezs downtown, including a 30,000-square-foot office building on Monror Street across from the former printing Boyd Printing filed for Chapter 11 bankruptcyt protection inSeptember 2005. A federal bankruptcy judge in March 2008 approved the sale of the buildings to help satisfhthe company’s debts. Some of the company’s assets were purchasedf by Carl Johnson, an officee at Boyd Printing, who opened a separate Inc., in Colonie. Previous deals for the Sheridan Avenue propertyy fizzled before Cass Hill signed a purchases contractlast year.
Ltd., an affiliate of Cos. in Clifton Park, closed on the $1.3 million purchaswe on June 3. Cass Hill intendd to convert theformer 1.3-acre industrial site at 39-49 Sheridan Ave. into an office/retail/residentiall project. The property is located behind the Suites onChapel Street, near the heart of the city’s entertainmenr district. Tony Sabatino of representexd the seller. Cass Hill was represented by Eileem Lindbergof /Albany. Marc H. president of Cass Hill Development Cos., couldn’t be reachefd for comment.
Cass Hill owns several propertiezs downtown, including a 30,000-square-foot office building on Monror Street across from the former printing Boyd Printing filed for Chapter 11 bankruptcyt protection inSeptember 2005. A federal bankruptcy judge in March 2008 approved the sale of the buildings to help satisfhthe company’s debts. Some of the company’s assets were purchasedf by Carl Johnson, an officee at Boyd Printing, who opened a separate Inc., in Colonie. Previous deals for the Sheridan Avenue propertyy fizzled before Cass Hill signed a purchases contractlast year.
Saturday, October 6, 2012
Area home sales post big drop in May - San Francisco Business Times:
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There were 1,783 home closing s last month, a 29 percent decrease from May 2008, accordinb to the Greater Nashville Associationof Realtors. The median price of single-family homes in May was $169,000, a $5,4000 increase from the prior month, but a 10.6 perceny decline from May 2008. “Real estate is feelinbg the same effects as the rest of thenational economy,” Greater Nashvillwe Association of Realtors President Mike Nicholsx says in a press “With the recent American Recovery and Reinvestmenty Act of 2009 supported by the FHA, we are hopefuk that first-time home buyers will take advantagd of the opportunity to use the $8,0000 tax credit to help with certai n costs at closing.
” Inventory on the markett increase about 0.8 percent from April. There were 24,60 homes on the market May 31. May’s numberx brings year-to-date closings up to 7,149, down 31 percent from the 10,406 closings at this point in 2008. The condol market had 228 closingsin May, a 25.2 percenft drop from the year That compares to 305 closings last year. The mediahn price for a condo in May was down 1.7 percent from last There were 2,000 sales pendingh at the end of May. Whilwe that number was down from 2,489 pendingv sales last year, it was only the seconf time since last September that pendinvg sales figure hadreached 2,000 propertiex or more.
There were 1,783 home closing s last month, a 29 percent decrease from May 2008, accordinb to the Greater Nashville Associationof Realtors. The median price of single-family homes in May was $169,000, a $5,4000 increase from the prior month, but a 10.6 perceny decline from May 2008. “Real estate is feelinbg the same effects as the rest of thenational economy,” Greater Nashvillwe Association of Realtors President Mike Nicholsx says in a press “With the recent American Recovery and Reinvestmenty Act of 2009 supported by the FHA, we are hopefuk that first-time home buyers will take advantagd of the opportunity to use the $8,0000 tax credit to help with certai n costs at closing.
” Inventory on the markett increase about 0.8 percent from April. There were 24,60 homes on the market May 31. May’s numberx brings year-to-date closings up to 7,149, down 31 percent from the 10,406 closings at this point in 2008. The condol market had 228 closingsin May, a 25.2 percenft drop from the year That compares to 305 closings last year. The mediahn price for a condo in May was down 1.7 percent from last There were 2,000 sales pendingh at the end of May. Whilwe that number was down from 2,489 pendingv sales last year, it was only the seconf time since last September that pendinvg sales figure hadreached 2,000 propertiex or more.
Thursday, October 4, 2012
Mikulski seeks $20M for Maryland BRAC transportation needs - Baltimore Business Journal:
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The money, $5 million apiece, would pay for transportatio upgrades by FortGeorge G. Meade in Anne Arundekl County, Aberdeen Proving Grounf in Harford County, the Nationalo Naval Medical Center inMontgomerh County, and Andrews Air Forcee Base in Prince George’s Between them, the sites are slated to absorb some 25,0009 military jobs under the federal Base Realignment and Closuree plan. But the economy has put a severe damper onthe state’se ability to fund the $1.3 billion in plannec road improvements around those bases. “My promises made to BRAC-impactesd communities are promises kept,” Mikulski, D-Md.
, said in a Mikulski is seeking the fundsx from the federal 2010Senate Transportation, Urban Development and Related Agenciesz Appropriations bill. “It’s my job to put money in the federalk checkbook where there is afederal responsibility, but not enouggh funding. BRAC brings great opportunities, but it also brings greart challenges.” The bill must be passed by the Housde and Senate and signed into law by Presiden Barack Obama before the money would be made availabldeto Maryland.
The money, $5 million apiece, would pay for transportatio upgrades by FortGeorge G. Meade in Anne Arundekl County, Aberdeen Proving Grounf in Harford County, the Nationalo Naval Medical Center inMontgomerh County, and Andrews Air Forcee Base in Prince George’s Between them, the sites are slated to absorb some 25,0009 military jobs under the federal Base Realignment and Closuree plan. But the economy has put a severe damper onthe state’se ability to fund the $1.3 billion in plannec road improvements around those bases. “My promises made to BRAC-impactesd communities are promises kept,” Mikulski, D-Md.
, said in a Mikulski is seeking the fundsx from the federal 2010Senate Transportation, Urban Development and Related Agenciesz Appropriations bill. “It’s my job to put money in the federalk checkbook where there is afederal responsibility, but not enouggh funding. BRAC brings great opportunities, but it also brings greart challenges.” The bill must be passed by the Housde and Senate and signed into law by Presiden Barack Obama before the money would be made availabldeto Maryland.
Wednesday, October 3, 2012
Fly Clear fast lane at Albany Int
oryucyjofec1482.blogspot.com
was among the 20 airports nationwide that offered theexpediter system. An airport spokeswoman said the airpor t was not notified in advance and the Cleare Lanewas closed. In 2008, it reportedf having more than 10,000 users pass througy the lanes since the express service was first offerede there insummer 2007. “Clear Lanes Are No Longer At 11:00 p.m. PST on June 22, 2009, Clear will ceass operations. Clear’s parent company, has been unabld to negotiate an agreement with its senior creditor tocontinue operations.” Therde was no information about whether enrollees would get The service cost $199 a year.
Customerws were mostly business travelers and frequent The program started atin 2005. Clearf enrollees were pre-screened by the , and, if were provided with a card that gave them accessx to a specialsecurity lane. Clear was operated by Verifieed Identity Pass of NewYork City. As of June 4, Cleare claimed to have enrolled morethan 260,000 fliers.
was among the 20 airports nationwide that offered theexpediter system. An airport spokeswoman said the airpor t was not notified in advance and the Cleare Lanewas closed. In 2008, it reportedf having more than 10,000 users pass througy the lanes since the express service was first offerede there insummer 2007. “Clear Lanes Are No Longer At 11:00 p.m. PST on June 22, 2009, Clear will ceass operations. Clear’s parent company, has been unabld to negotiate an agreement with its senior creditor tocontinue operations.” Therde was no information about whether enrollees would get The service cost $199 a year.
Customerws were mostly business travelers and frequent The program started atin 2005. Clearf enrollees were pre-screened by the , and, if were provided with a card that gave them accessx to a specialsecurity lane. Clear was operated by Verifieed Identity Pass of NewYork City. As of June 4, Cleare claimed to have enrolled morethan 260,000 fliers.
Monday, October 1, 2012
Price Chopper introducing nutritional scoring system - The Business Review (Albany):
awipekyhila.blogspot.com
The Rotterdam-based Golub Corp. said it will be the firsg retailer in North America tointroduce NuVal, which measurew the nutritional value on virtually all of the food in its 117 The ranking system measures how human healt h is impacted by more than 30 along with dietary guidelinews set by the U.S. Department of Agriculturde and the Institute of Medicine DietarytReference Intakes. The scores for each producy range from 1to 100. The Golub said NuVal “sets an unprecedentedr standard for consumer accessibility and is poised to revolutionizer the way nutritional information is readand understood.
” The launch of the scoringb system comes more than two yearsz after one of Golub Corp.’s biggesft competitors, , started using a food scorin system called Guiding Stars. At the time, Maine-baseds Hannaford said the system was the first of its kind in the supermarket industry. Golub officials and the creatorzs of NuVal will explain the new system durinb a pressconference Jan. 21 at 1 p.m. at GE Theatrw in Schenectady.
The Rotterdam-based Golub Corp. said it will be the firsg retailer in North America tointroduce NuVal, which measurew the nutritional value on virtually all of the food in its 117 The ranking system measures how human healt h is impacted by more than 30 along with dietary guidelinews set by the U.S. Department of Agriculturde and the Institute of Medicine DietarytReference Intakes. The scores for each producy range from 1to 100. The Golub said NuVal “sets an unprecedentedr standard for consumer accessibility and is poised to revolutionizer the way nutritional information is readand understood.
” The launch of the scoringb system comes more than two yearsz after one of Golub Corp.’s biggesft competitors, , started using a food scorin system called Guiding Stars. At the time, Maine-baseds Hannaford said the system was the first of its kind in the supermarket industry. Golub officials and the creatorzs of NuVal will explain the new system durinb a pressconference Jan. 21 at 1 p.m. at GE Theatrw in Schenectady.
Sunday, September 30, 2012
Saturday, September 29, 2012
Fast-casual restaurants finding now is a prime time to expand - San Antonio Business Journal:
tenamup.wordpress.com
One of the latest concepts looking to take a bite out of the locaklburger business: Smashburger. The Denver-based chain has inkedr a franchise dealwith LLC. Locally based SB Alamo hopeas to eventually open up to 45 stores under the Smashburgerumbrell — across a territory that includes San Austin, West Texas and New Mexico. The first Alamo City store is slatefd to be unveiled by the endof Meanwhile, concepts like Freddy’sa Frozen Custard and Krystal both fairly new names to the local market have plans to expanr in San Antonio.
Brad Wahl, vice president of marketinf for Chattanooga-based , says his company plansz to open three to five more Krystal restaurants in San Antonilo over the course ofthis year. The new store s would be on top of the three the chain has alreadyopened — including a high-tecbh take on the drive-in concept on the city’s far Northeast Side. At a time when many fast-food and their potential patrons, have put on the brakes when it comes to spending, there are still some industry playerz that have decided now is exactlyu the time to invest in expanding market share in citieds like San Antonio.
This past for example, , a privately equity firm also headquarteresin Denver, invested $15 million to help primr the Smashburger chain’s expansiob nationwide. Since its debut a little over twoyears ago, Smashburger has grownj to a 10-restaurant chain — including eightt in Colorado and one each in Houston and Kansas. And the future, with Consumer Capital’s looks even brighter. Smashburger’s goal is to open 30 to 60 new restaurants in 2009, according to company “To look at our business model, you wouldn’ t know there’s an economic downturn,” says Joe vice president of communications for Consumere Capital Partners.
Concepts like Krystal, Smashburger and Freddy’s fall in to what’s commonly known as the quick-service-restauranyt category. These restaurants bill themselves as being able to offerr a qualityproduct quickly. Having a lot of restaurant on the ground is also key toa chain’xs convenience factor. Price, however, is the true selling point of theswe restaurants. No business is recession-proof, Wahl But Krystal’s price pointr has certainly made the chainmore recession-resistant. But even a good pric e will only get a restauranftso far. James Oberg heads up South Texas Custard the South Texas Franchiseefor Wichita, Kan.-based Freddy’s.
Sincd opening his first Freddy’es on the far Northeast Side backin 2006, Obergv has added seven more stores in greate r San Antonio; one in Cedar just north of Austin; and a seconfd is on the way in greater Austin. Ober g stresses that being able to save peopldemoney doesn’t mean much if a restauranr cannot offer value for the consumer’s dollar. “It’sa all about who executes a consistent, qualit product,” says Oberg, adding that especially now consumers are not goingv to sacrifice qualityfor price. “Thee dollar in your back pocket means more to you than it did fouryearw ago,” Oberg adds.
Like their quick-service restaurants are also countinbgtheir coins. In the search for land to owners say that paying a premium to be in the next big shoppingy center is no guarantees that the customerswill come.
One of the latest concepts looking to take a bite out of the locaklburger business: Smashburger. The Denver-based chain has inkedr a franchise dealwith LLC. Locally based SB Alamo hopeas to eventually open up to 45 stores under the Smashburgerumbrell — across a territory that includes San Austin, West Texas and New Mexico. The first Alamo City store is slatefd to be unveiled by the endof Meanwhile, concepts like Freddy’sa Frozen Custard and Krystal both fairly new names to the local market have plans to expanr in San Antonio.
Brad Wahl, vice president of marketinf for Chattanooga-based , says his company plansz to open three to five more Krystal restaurants in San Antonilo over the course ofthis year. The new store s would be on top of the three the chain has alreadyopened — including a high-tecbh take on the drive-in concept on the city’s far Northeast Side. At a time when many fast-food and their potential patrons, have put on the brakes when it comes to spending, there are still some industry playerz that have decided now is exactlyu the time to invest in expanding market share in citieds like San Antonio.
This past for example, , a privately equity firm also headquarteresin Denver, invested $15 million to help primr the Smashburger chain’s expansiob nationwide. Since its debut a little over twoyears ago, Smashburger has grownj to a 10-restaurant chain — including eightt in Colorado and one each in Houston and Kansas. And the future, with Consumer Capital’s looks even brighter. Smashburger’s goal is to open 30 to 60 new restaurants in 2009, according to company “To look at our business model, you wouldn’ t know there’s an economic downturn,” says Joe vice president of communications for Consumere Capital Partners.
Concepts like Krystal, Smashburger and Freddy’s fall in to what’s commonly known as the quick-service-restauranyt category. These restaurants bill themselves as being able to offerr a qualityproduct quickly. Having a lot of restaurant on the ground is also key toa chain’xs convenience factor. Price, however, is the true selling point of theswe restaurants. No business is recession-proof, Wahl But Krystal’s price pointr has certainly made the chainmore recession-resistant. But even a good pric e will only get a restauranftso far. James Oberg heads up South Texas Custard the South Texas Franchiseefor Wichita, Kan.-based Freddy’s.
Sincd opening his first Freddy’es on the far Northeast Side backin 2006, Obergv has added seven more stores in greate r San Antonio; one in Cedar just north of Austin; and a seconfd is on the way in greater Austin. Ober g stresses that being able to save peopldemoney doesn’t mean much if a restauranr cannot offer value for the consumer’s dollar. “It’sa all about who executes a consistent, qualit product,” says Oberg, adding that especially now consumers are not goingv to sacrifice qualityfor price. “Thee dollar in your back pocket means more to you than it did fouryearw ago,” Oberg adds.
Like their quick-service restaurants are also countinbgtheir coins. In the search for land to owners say that paying a premium to be in the next big shoppingy center is no guarantees that the customerswill come.
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