Wednesday, February 29, 2012

Maryland unveils 10-year plan to bolster biotech - Washington Business Journal:

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Citing recommendations by his 18-month-olfd Life Sciences Advisory Gov. Martin O’Malley announced a strategivc plan he said will help turn his ambitious hopes fora nation-leadinhg biotech enterprise into The governor outlined those steps, basexd on his $1.3 billion, 10-year plan, May 20 at the BIO 2009 Conventiom in Atlanta. Most of the steps entail increasex fundingfor programs, an uphill requesr in a tough economy as the state continues to reconcile massive budget cuts.
The advisory board said it has extended timelinews for meeting those funding but some proposals were alread left onthe cutting-room floor aftedr this year’s legislative The first of the board’w steps is one O’Malley announced earlier in Rockville: Montgomerh County and Baltimore will each house a branch of a newly established Maryland Bioscience Center, a $6 million clearinghous for all of the state’s programs related to the life sciencesw industry.

Monday, February 27, 2012

HANYS official displeased with Legislature - The Business Review (Albany):

http://serviart.info/index.php?p=servicios
Daniel Sisto, president of the , spokde to health care leaders at the annual meetinbg of the about the challengesfacing health-carwe providers at both the state and federalk levels. His remarks began with a chessboard-liked PowerPoint presentation detailing the myriadx of leadership changes in Albany over the past It ended with the current status quo in thestatw Senate, with no business taking “What we have here is a leadershipo failure,” he said, adding that some elected officials are losing sighrt of their roles as servant leaders. “Our environment is to try to deal in the face ofhellaciou leadership.
” Sisto detailed how the association helped beat back billionse in proposed state Medicaid cuts and most recently with $586.6 million restored for the 2009-2010 fiscal year, despite $420.2 millio in cuts. Sisto acknowledged much of the fault lies in the collapsr ofWall Street, but said state reformss ultimately were a redistributiob of funds that left many hospitalse wanting. The association is still workin on several legislative issues on behalf of including managedcare reforms, rate freezes on physiciaj liability claims and financing from industrial developmeny agencies.
Other issues in the works include reform ofthe state’s certificate-of-need process, new payment systems for skilled nursintg facilities and workforce shortages statewide. Sisto’s talk followed an addresss by CongressmanChris Lee, R-Clarence, who criticized Presidenr Obama’s health-care reform effort while promoting the positives of a Republican Sisto told members the organization is looking at proposal s from both sides of the aisler to determine how each might affect members. It is also watching reformm efforts that have includef participationby insurers, providers, medical device manufacturere and unions.
He encouraged everyone - not just the top leaders and uniobgroup - to play a more activse advocacy role in both statew and federal reform efforts. “We have got to elevate our he said. “We need every individualo CEO to be the spokesperson to legislatorsand Congress.” He also encouraged leaderws to continue working more closely with each mostly because there simply isn’t enough money out thered to continue in the old ways of health care delivery. “Government does not want you to do more with less they just want you to do less with better outcomes,” Sisto said. “This is abourt biding time to adjust to longedterm trends.
” HANYS represents and advocates on behalft of all New York’s hospitals and healthb systems at all levels of the federalp and state government.

Saturday, February 25, 2012

Survey: Bosses concerned about Facebook, Twitter - Wichita Business Journal:

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But 53 percent of employees say contenyt posted on their Facebook and Twitter accountsx are nota boss’s concern. That beliefd is even more prevaleng amongyounger workers. Sixty-three percent of workere ages 18 to 34 say employers have no business lookint at theironline activity. But most employees (74 recognize that using online social networks make it easier to tarnisga company’s reputation.
“With the explosive growthn of onlinesocial networks, such as Facebook and rapidly blurring the lines between professional and private lives, these virtual communities have increased the potential of reputationakl risk for many organizations and theifr brands,” said Sharon Allen, chairman of the board, Deloittw LLP. “It is importan for executives to be mindful of the implicationx of this connected world and to elevat the discussion about the risks associated with it to the highes t levelsof leadership.” Just 17 perceny of executives have formal ways to monitoer the possible risks related to social network use.
But nearly half (49 percent) of employees say such stricft guidelines would not change theidrbehavior online. More than 2,000 employed adults -- half men and half womenm -- were interviewed for the survey, as well as 500 businesse executives.

Thursday, February 23, 2012

Fraizer Campbell 'truly honoured' to be named in England squad - Goal.com

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Fraizer Campbell 'truly honoured' to be named in England squad

Goal.com


Been the longest and hardest 18 months of my life and feel truly honoured to be given a chance. Thanks for all your positive tweets means a lot!." Since returning in late January, the Yorkshireman has scored two goals and impressed under new manager ...



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Tuesday, February 21, 2012

Jay Silvia, Adam Schmidt lead Crusaders past Big Red - Worcester Telegram

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Jay Silvia, Adam Schmidt lead Crusaders past Big Red

Worcester Telegram


Holy Cross 6, Sacred Heart 1: Jay Silvia and Adam Schmidt each had a goal and an assist to lead the host Crusaders (15-13-3, 13-8-3 Atlantic Hockey) past the Big Red (3-25-3, 2-19-3). After Sacred Heart tied it, 1-1, early in the second period, ...



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Sunday, February 19, 2012

Health care reform details begin to emerge - Business First of Louisville:

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percent of the cost of health insurance premiumxsfor full-time employees under the healthb care reform bill beingt considered by the House. They also would be required to pick up at leasty some of the tab forinsuring part-time employees. Businesseds that don't provide this minimum level of coverage wouldd be required to pay the federal government a fee basede on 8 percent of their Small businesses undera yet-to-be-determinesd threshold would be exempted from this "playy or pay" requirement. How small businesses woulf fare under House healthcare proposal.
Small businesses and individuals couls comparison shop among private and public plans in a national health insurancwe exchangeEmployers could either provider health insurance to their employees or pay a fee based on 8 percentg of their payroll to the governmentEmployers that offedr coverage would have to pickup 72.5 percent of the cost of premiumw for full-time employees and 65 percent for a familhy policyEmployers could contribute a share of the expensew of coverage for part-tim employees or contribute to the healtuh insurance exchangeSmall businesses under a size thresholsd yet to be determined would be exempted from the employer responsibility requirementSmall businesses that can'f afford coverage would get a tax credit to help them pay for it House committees on Ways and Energy and Commerce, and Education and Labord The chairmen of three Hous e committees with jurisdiction over health care introduced their drafft legislation June 19, offering the most detailsd yet on how health care reform couldx affect small businesses.
Under their bill, small businesses and individualz could shop for insurance through anational exchange, whicbh would include a government-run plan as well as privat insurers. Tax credits would be available to help smal businesses affordthe coverage. Rep. Henry D-Calif., said the legislation woulxd fixthe "completely dysfunctional insurance market" for small businesses, which face "unaffordablw rate increases" every year. Waxman chairs the Houses Energy andCommerce Committee. Health insurance premium s for U.S. businesses increased by 9.
2 percent this and are expected to increase anothee 9 percentnext year, according to Small businesses often face much higher rate While most small businesses agree the current health insurancwe market is dysfunctional, there's a lot of disagreement over whether the Housse bill would cure the problem or just make it Mike Draper, who owns a retaip clothing store and design business callee Smash in Des Moines, Iowa, likes what he sees in the Draper thinks adding a public plan to the insuranced mix would hold down premiums by creatingb more competition in the marketplace. "I don'tt have a whole lot of confidence in the systemj wehave now," Draper said.
Draper's company currentlg doesn't offer health insurancer to itsseven full-time workers, but instead reimbursed them for the cost of individua l policies that they buy on their own. That'x fine with his employees, who are in their 20s and don'ft want their insurance to be tied totheir job. The reimbursementd now account for 6 percenyof Smash's payroll, but that could jump to 22 percentf in four years, when Draper expectds everyone on his management team to have creating the need for family plans. His busines couldn't handle that expense, he said. If the Houswe bill were enacted, he would consider buying insurancer through the exchange if it were easyto use.
But he mighy decide to pay the 8 percent payroll fee instead and then reimburs his employees for some of the cost of the policieas they purchase throughthe exchange. Draper, who was schedulex to testify before the House Ways and Meanx CommitteeJune 24, thinksd employers should be required to help pay for theirr employees' health insurance. Like Social Security this sort of responsibilityis "kind of what you signed up when you become a business owner, he Other small business owners, think the House bill imposes too tough of a standar on small businesses. The requirementt to pay 72.
5 percent of an employee's premium for individualo coverage "is much too high for many small saidKaren Kerrigan, president and CEO of the Smal l Business & Entrepreneurship Council. The only way many smalo businesses can afford coverage is by makinyg employees pick up more of the she said. Arlington, Va.-basedr Company Flowers & Gifts Too!, for example, pays 50 percentr of the cost of health insurancew forseven full-time employees. Even that may not be affordablrenext year, because "our rates are going to co-owner John Nicholson told the House Small Business Committewe earlier this month.

Friday, February 17, 2012

Holly Energy Partners buys new pipeline - Dallas Business Journal:

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to similar facilities in Artesia, N.M. Holly Energy Partnersd paid $34.2 million in an all-cash transactiojn for the pipeline after finacing the acquisition throughj a revolvingcredit facility. In addition to the pipeline Holly Energy hasspent $7.9 million for pipeline infrastructure improvements between Holly's Lovington and Artesia refining facilities. “We are pleasedr that Holly Energy was able to acquirr another key logistic assetfrom Holly," said Matt chairman and CEO of Holly Corp. and Holly Energy.
"This pipelinde will support expanded volumex from the recent Navajo Refinery expansion and contribut e additional revenues for Holly Both Holly Energy and Holly are headquarteredin Dallas. Holly Energyg provides petroleum and crude oil transportatioh andstorage services. Holly Corp., which has a 41 percent ownershio interest inHolly Energy, is an independent oil refinedr and marketing company.

Tuesday, February 14, 2012

UC study: Casinos could create 34,000 jobs - Business First of Columbus:

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The center conducted the study for the Ohio Jobs Growth Committee, which organized the effort to place a constitutionakl amendment on the The amendment would ask voters to approvde building casinos in Cleveland, Toledo and Columbus. Wyomissing, Pa.-based (NASDAQ: PENN) and owner Dan Gilberr would be investors inthe $1 billiobn proposal. According to the study, the initiall investment and construction phase for the expected to beginin 2010, wouls create 19,000 jobs. Another 16,000 permanent jobs woulcd be created once the casinosbegaj operating, by late 2012.
The initial economif impact wouldbe $504 million for a Columbues casino; $388 million for Cincinnati; $656 milliojn for Cleveland; and $302 million for Toledo. The Ohio Jobs & Growthy Committee had until the end of June to collectthe 400,00o0 valid signatures needed to get the issue on the it said it filed 850,000 signature with the Ohio Secretary of State on June 25.

Sunday, February 12, 2012

Human Capital: People on the move, July 1 - Washington Business Journal:

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Signature Healthcare of Brockton hired Steve Friotg as director of health carefacilities management. He previouslg served as director of facilities operationzsat . , a design and construction firm with loca officesin Worcester, appointed Robert Stephenw director of business development, health Stephens has more than 20 years of experience marketing and selling design and construction Matthew Tepper joined CB Richard Ellids Investors , a real estate investmentr management firm, as an associate directod for the global multi-manager Tepper, formerly of , is based in Boston.
Malm & D’Agostine PC , a Boston-based law firm, addec Elise Wald as an associate in the trustes and estatespractice area. Wald was previouslyy an associateat Posternak, Blankstein and Lund LLP . Rob MacElhineg , vice president of in was named to the boare of directors atthe .

Friday, February 10, 2012

Arena Stage boosts Crystal City food scene, for now - Washington Business Journal:

dawojetos.blogspot.com
But one big question remains: What will happehn after the curtain fallson Arena’s three-yead stint in Crystal City?? Since Arena debuted its first performancwe in Arlington last December, sales at Crystal City restaurantss have jumped about 10 percen compared to the same period last year, accordinb to a survey by the Crystal City Business Improvement Jaleo Crystal City has seen between a 15 and 20 percent increase in business, said Robert Hall, generall manager, adding that other factors, such as the growing popularitt of celebrity chef and Jaleo foundefr Jose Andres, could have contributed as “I think in the beginning thered may have been some hesitation, and that Arena-goers may not have though t there were a lot of great restaurant optionse around there,” Hall said.
“Butg they’re realizing there are high-caliber places that are typically alittled upscale, for someone who doesn’t necessarily want to settler for Potbelly’s before a show.” Arena moved to its new, temporarg 460-seat quarters at 1800 S. Bell St. whiles its Southwest D.C. waterfront headquarters undergoes anearly three-year, $125 milliom renovation that will give it three theaterd with 1,390 seats. The theater company presented four showes before its season endeddin July. “I think it was a huge how it wouldturn out,” said Molly Smith, Arena’sd artistic director. “But by all accounts it’s been a greag success.
” Smith said Arena had expectedr to lose around 10 percent of its undisclosed subscriber base but lostonly 1.3 It also attracted plenty of newcomers, adding more than 5,0090 new accounts — which can be anyonew from a subscriber to a single-tickert purchaser — in the first two months in Crysta City. “We’ve also found our demographics have changedsslightly — more peopld from Virginia, and more people who are outside Maryland, Virginias and D.C.,” Smith said. In the upcoming Arena will perform six showe in Crystal City and four in the on UStreet NW. “We’rde hoping to do for U Street what we’vse done for Crystal City,” she said.
Jaleo and othere area restaurants, such as McCormick & Schmick’s and Bebo have been offering promotions for theatergoerss and some havehosted theater-related events. Jaleo co-sponsored the Criticd Association’s June conference dinner and hasa pre-theatre McCormick’s gives 15 percent off to thoses who show a ticket. The Crystal City BID is urginvg Arena to continue to do at least one show a year in Crystal City after its new space is finishedcin 2010, but Arena has yet to Smith said she is open to the idea but also hopeas the revitalized theater, formerly a theater, coul provide a home for a new company.
Angela Fox, presidenty and chief executive officer ofthe BID, said the BID has had discussionsa with other performing arts groups about taking over the spac when Arena leaves. She wouldn’t say who is interestedd but noted the BID would like to seeanother big-nam e performing group with a following whose subscribers woulx be happy to relocate. lost its home on Capitok Hill this year, but is relocating to the on H Streer NE and plans to stay there for thenear future, artistic directoe Scott Fortier said.
will become homelesds when Clark Street Playhouse just north of Crystal City is eventuallgtorn down, but artistidc director Chris Henley said the group is more interestes in Rosslyn’s former space, which is slated to become a performingy arts center. has been temporarily performingon ’s campus and will announce more permanent planas after it finishes up its season this month. It’xs possible Arlington theaters which have space now might choosesto relocate. Synetic Theater is housed in the 387-seat Rosslyn Spectrum, and it also has a five-yeaer partnership with the that endsin 2010.

Wednesday, February 8, 2012

Genpact to Provide IT Help Desk Support to Dollar General Corporation - MarketWatch (press release)

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Genpact to Provide IT Help Desk Support to Dollar General Corporation

MarketWatch (press release)


Genpact's services include providing technical and customer relations support to the more than 90000 store employees at Dollar General's 9800 stores in North America. Genpact will also be providing services for Dollar General's new stores as part of ...



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Monday, February 6, 2012

NCR a huge technology win - Business Courier of Cincinnati:

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The region’s marketers plan to leverage the NCR relocationm to sell Atlanta as a burgeoningtechnologyg hub, winning new corporate converts and continuing the virtuouas cycle. “Brand names are very important to the identitgy of a city and to its cultural saidSam Williams, president of the . “Whenb you begin to get brand nameslike , , Delta ... NCR these brand names start to tell a messag e about what yourcity is.” While a world-class “smart” workforce and low businesw costs help Atlanta’s economic developers get corporate prospects to take theid calls, having brand namesz like NCR and Corp. in the region helps close the deal.
The fact NCR picked Atlantsa from anationwide search, “says it better than anythingt we can say,” said Melanie a business development manager at the . The Brandt said, signals NCR is confidentg it can recruit tech professionale from around the world to metro Atlantaand “knoq that they are goinf to be comfortable ... living and workin and playing and raising afamily here.” Metro Atlanta is “almost always” on the shortt list for tech companies looking to relocate or expansd on the East Coast, said Vickij Horton, a location consultant involvec with Porsche’s North America headquarters relocatio to Atlanta.
While metro Atlanta is unlikely to be confuserd withtech meccas, such as Silicon Valley or Silico n Alley, its relatively low cost of infrastructure and industry clusters keep it in the crosshairds of corporate site selectors. “You don’t have to be the fastesf gazelle, you just have to be at the frontt ofthe [herd],” said Kris Miller, presidentt of Ackerman & Co., a commercial real estatw services firm. The NCR deal is an economic developmengt blockbuster. The maker of ATMs and self-service kioskse will relocate its global headquarters toDuluth — bringing about 1,250 Atlanta Business Chronicle first reported June 1.
NCR also plan to open a manufacturingv operationin Columbus, Ga., where it will employ nearly 900. As a company that straddles both technologyand manufacturing, NCR’s relocation can be used to pitc to advanced manufacturing companies, sources said. The NCR win will help open saidKen Stewart, commissioner of the Georgisa Department of Economic Development. “Companies that we go and sell to know that NCR has done its duediligence [on the region as a headquarters Stewart said. Luring a blue-chip firm such as NCR also givezs economic developers a chance to markey the region to suppliers and vendors, said Horton, principal at LLC.
“Oncee you have an NCR, or an IBM,” Horton said, theif support firms and vendors tend to gravitate to the regionbecause “theyt like to be closer to the big dog.” NCR is the latest tech company to be sold on metro Atlanta. On May 22, Atlantwa Business Chronicle reported that BlackBerry developerd plans to create about200 high-tech jobs at an Alpharetta data centerf and development operation. On May 11, Atlanta-basesd said it would add more than 600 These investments, sources said, are driven by the region’as highly educated workforce, research universities and technologh business cluster. Clusters offer Ackerman’s Miller said.
“It’s kind of like double-checkinh your work in math,” he quipped. “Ig everybody in the class gets 21 asan there’s good chance 21’s right.” Metro Atlanta’sd demographic leans toward the “young and — educated 20- to 35-year-old — that tech firms rely on to maintain vibrant and innovativse workplace cultures. NCR views the city’ academic institutions, such as Georgia Tech, not only as a labotr pool to fish but a partner for joint innovationand development, NCR CEO Bill Nuti The region’s relatively robust economy, its supply-chainm logistics infrastructure and its corporatw base, also lured NCR.
“We lookeds at all of thesw factors,” Nuti said, “and Georgia scorexd amongst the highest ofall states.”

Saturday, February 4, 2012

Warren Buffett sells remaining Constellation shares - Atlanta Business Chronicle:

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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’sx subsidiary , are each no longer stockholders inConstellationh (NYSE: CEG), according to a form with the Securitiea and Exchange Commission filed Monday. They have been slowlt divesting the stock over the past weeksand months, owniny 7.3 percent in February and 6.3 percent last The sale ends the relationship between the investort and Constellation, one of two Fortune 500 companies in Baltimore City. Iowa-basedd MidAmerican got a 10 percent stake in Constellation whenits $4.
7 billion bid for the company made in September was rejected three months That offer came after a cash crunc led to a steep declinew in Constellation’s stock price over severall days and some investors feared bankruptcy. Constellation spurnef the offer in favo r of a deal tosell 49.99 perceng of its nuclear business for $4.5 billion to Frencg firm , which had also been in the bidding for the company in September. For the Constellation had to pay $175 million in breakup fees and $418 million for stocks. It also had to repauy a $1 billion loan from Buffettg with 14percent interest.
A decisionj on whether the deal with EDF requires Marylane approval is expected in a The deal is expected to closethis

Wednesday, February 1, 2012

Scientists help define structure of exoplanets - PhysOrg.com

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Scientists help define structure of exoplanets

PhysOrg.com


In a new study, Lawrence Livermore National Laboratory scientists and collaborators came up with new methods for deriving and testing the equation of state (EOS) of matter in exoplanets and figured out the mass-radius and mass-pressure relations for ...



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