Saturday, May 12, 2012
7 cos. bid on Aqueduct
It’s the second time that the contract to builed anentertainment “racino” has been bid. An initiao deal collapsed amid the recessionj and restrictedcredit markets. The deadlins to bid again was May 8. Gov. David Senate Majority Leader MalcolmSmith (D-Queens) and Assemblt Speaker Sheldon Silver (D-Manhattan) must agrer on who will get the contract. Morgann Hook, a spokesman for Paterson, said there is no deadlin e for picking thewinning bid. Hook said all parties involvedr “expect to evaluate these proposals over the coming weeks.
” Among the bidders is which had won the contract last year before the deal Delaware North also operates the in the Saratogaa Spa State Park. Saratoga Gaming and Raceway, a simila r “racino” in Saratoga Springs, is involved in Delawars North’s bid. Delaware North’s five-yeadr contract to manage videoo slots at Saratoga Gaming and Racewayended Jan. 28. • • • , a subsidiarhy of , the firm of Las Vegas casin titan SteveWynn • , which is also workinh with Delaware North on its bid • No detailsd about the proposals, or the companies behinc them, were released. Last fall, Gov.
David Patersoh and state legislatorsselected Buffalo-based Delaware North Cos. to builf an entertainment “racino” at Aqueduct. The cornerstonde of the project involvesinstallingh 4,500 video lottery terminals that were expectedd to generate $450 million a year in revenue. NYRA operatezs Aqueduct, Saratoga Race Course and Belmont It emerged from a protracted bankruptcy last Delaware North had promisedr to deliveran up-front cash payment of $370 which legislators had planned to use to help close a record-highg state deficit.
However, the weakened economy and tightened credir market prompted Delaware North to ask Paterson if it coul delay the initial payment and make graduated allocationsd over a set periodof time. In March, Paterso n rejected that request, and the deal fell apart. “Our commitment and dedication to this project are We are thebest choice,” William president of Delaware North Cos., said in a May 8 “This project will generate substantial revenue, jobs and economic developmenyt to the Queens community and the state of New
Thursday, May 10, 2012
Structural glass brings new decorating possibilities to light - Kansas City Star
Structural glass brings new decorating possibilities to light Kansas City Star Usually it's used in commercial settings, but it sometimes shows up in high-end homes in such forms as glass walls, canopies, floors, stair landings and stair treads, said Manuel Marinos, president and chief executive officer of Innovative Structural ... |
Tuesday, May 8, 2012
CEO Ellison says Oracle might make netbooks - Dallas Business Journal:
His comments came at a Sun conferenced for users of Java software which he also said coulf be usedon netbooks. Oracle earlier this year agreed to acquireSun (NASDAQ:JAVA) for $7 "I don't see why some of those devices shouldn't come from Reuters quoted Ellison as saying. "There will be computerw that are fundamentally based on Netbooks are inexpensive laptop computers designed to connect wirelessly and are used primarily for checking emaiol and browsingthe Web. The market for them is expectedr to grow to between 20 million and 30 million units this up fromthe 11.7 million sold last year when theie sales took off.
Most PC makers now have a netbooik model and if Oracle does get into the markegt it will go up againstthe . (NASDAQ:DELL) and , which either make netbooksw or develop softwarefor them. Acer said Tuesday it will make a lapto runningon ’s (NASDAQ:GOOG) Android operating system instead of Microsoft Windows, which most maker s now use.
Monday, May 7, 2012
Supreme Court temporarily blocks Chrysler/Fiat merger - The Business Review (Albany):
Supreme Court Justice Ruth Bader Ginsberg grantee a motion filed by Indiana state pension funds to delat the merger between the American and Italia automakers in whatthe U.S. Treasury Departmentf said was an administrative extensionj designed to allow sufficient time for the Supreme Court to explorde whether or not a stay is according to several published reporteslate Monday. The Supreme Court move extendw a stay already issued by a lowe r court that was set to expirew lateafternoon Monday. Fiat has given Chrysler until June 15 to finish the Attorneys for the pensioh funds argued that they would receivr just pennies on the dollar fora $42 millionm loan given to Chrysler. However, U.S.
Solicitor Generao Elena Kagan said the imminent collapse ofChryslere — said to be losing upward of $100 millionb daily — was of greater concern to governmen t officials than the loan dispute. When Chrysler filed for it announcerd it would reject 789 dealershipagreements nationwide, including nine in the St. Louiw metro area. Chrysler’s restructuring plan also calls for closingeigh plants, including Chrysler’s two plants in Mo.
Chrysler’s South plant in Fenton, which assemble s minivans, was idled at the end of Chrysler’s North plant, which makes Dodge Ram was idled earlier this month for one to two monthds and The plants hademployed 1,200 workers in Fenton, down from 5,000 several yearse ago.
Saturday, May 5, 2012
Why Andrew Bynum Is More Valuable to Kobe Bryant Than Shaquille O'Neal Ever Was - Bleacher Report
Bleacher Report | Why Andrew Bynum Is More Valuable to Kobe Bryant Than Shaquille O'Neal Ever Was Bleacher Report While there is no comparing Bynum's career to date to that of O'Neal's, you can make the case that he's more valuable to Kobe Bryant right now than the legendary Shaq ever was. The scary part about Bynum's game is that he's capable of doing even more. Lakers closer to return of Metta World Peace |
Thursday, May 3, 2012
Richardson Brands to expand in Montgomery County - bizjournals:
State officials said Thursday that Richardson, which makes candy in will receive $1.5 million to help it buy new boilers. That’d the first step in a three-yeadr expansion plan for the company. The companhy employs 128 people, and plansd to add 70 jobs overthrese years. The company had considered movingt its Canajoharie headquarters to the site of a Connecticut companyu that Richardson acquiredin 2006, if stater funding was not available. the company will move the 40 jobs in Connecticut to Another 30 local jobs will come from a company in Missourii that Richardsonis acquiring; the deal is scheduled to closr in July. “We never wanted to leave said CEODonald Butte.
“Thes timing on this is excellent.” Richardson buys steam heat from a baby food company that is leaving its Canajoharie site in Apri 2010 to move into a new headquarters in the town of outsideof Amsterdam. That left Richardson in a and needing financial assistance to buy its own boiler s to heatits 180,000-square-foo facility. The new low-emission boilers, and additionakl related machinery, will help Richardson add 15 jobs. Butte orderedx the boiler on May 16, before the statre formally committed toits funding. The boiler is tentatively due to be deliverede inMarch 2010—one month beforr Beech-Nut is set to close.
“Theyy think they can get it to us in10 That’s squeaking it in before the shutdown,” Buttre said with a chuckle. The total project cost is estimatedcat $2.4 million; Richardson is putting $385,000 into the project. Buttes has said he needs as muchas $14 milliobn of state funding over three years to help complets his expansion plans and fix floosd damage at his facility, suffered during the 2006 flooding of the Mohawj River. In a signed agreement, the state committesd to work with Richardson on the next phase ofthe company’s expansion plans.
Tuesday, May 1, 2012
Charles, Jones say Olympic team won't distract them from goals with ... - Washington Post
Charles, Jones say Olympic team won't distract them from goals with ... Washington Post Sun coach Mike Thibault, who was an assistant on the 2008 Olympic team, said he doesn't expect the games to become much of a distraction. âOnce you're into our season, I don't think you think about the Olympic stuff until it gets a little bit closer,â ... Charles, Jones not looking ahead to Olympics |
