воскресенье, 30 декабря 2012 г.

2013 in mobile - Forbes

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2013 in mobile

Forbes


Amazon, Microsoft, Google, will all introduce branded mobile phones: While Google has been pursuing a strategy of offering their Nexus line through partners (HTC, Samsung, and LG have all produced phones in the Nexus line), the company will leverage ...



суббота, 29 декабря 2012 г.

UIW opens new education center in San Antonio mall - San Antonio Business Journal:

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The 5,500-square-foot Northeast Center at Rolling Oaks is located at6909 N. Loop 1604 on the city’s North Side. It has four two advising offices, a receptiobn area and a computer lab. There are about 67 studentz enrolled at the new learning center for thespring semester. Enrollmen is expected to increase duringthe fall. The centeer will house UIW’s Adult Degree Completion Program (ADCaP). The program was established in 1995 and is a flexibl program designed to fit the needsx of working adults by allowing them to completd their college degrees while maintaining family andcareef responsibilities.
Vincent Porter, dean of ADCaP, says the centee came about because of the need for some exposur e in the Northeast area of greaterSan Antonio. “Ay the mall, students will have easy accesss to our center and plentyof parking. In addition, in the mall will be able to get informatiobn on ADCaP programsmore easily,” Porteer says. Plans for the centef were drawn up in April oflast year. Porter says its difficulgt to say if UIW will open another centert in theimmediate future, but she adds that the schoo is always looking for ways to adequately serve its students.
The following degrees are now being offered as part of theADCaPl program: bachelor of business administration (BBA) with concentrationsz in management, marketing, and generakl business; bachelor of arts in organizationall development; bachelor of arts in human bachelor of arts in administration; and a bachelor of arts and applier sciences. Plans call for offering additional degrees inthe future, including graduater degrees. — a college preparatory high school manager byUIW — also recently completed a new wellnessw center. The new John “J.G.” Garcia Gonzales, Jr.
, Wellness Centedr will be used for educational and athletic It houses free weights and nautilus Construction on the center begam in October and was completed beforr theThanksgiving break. The center cost $150,00 0 to build. “There was no grant associated withits construction,” says UIW spokeswomam Margaret Garcia. “However, (high school) alumnki have and will continue to assist with variouw aspects of the signage and other itemxs needed insidethe center.
” The University of the Incarnated Word is a private liberal arts universitt that offers more than 70 degreesa at the undergraduate, graduate and doctoral The UIW system continues to develop internationallt and boasts a presence in both China and as well as in San Antonio, Corpusw Christi and Goodyear, Ariz. It works with nearl 100 “sister schools” in 30 countries.

пятница, 28 декабря 2012 г.

Hernando couple hoping to adopt Russian child despite bill threatening ... - Tampabay.com

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Tampabay.com


Hernando couple hoping to adopt Russian child despite bill threatening ...

Tampabay.com


BROOKSVILLE â€" Cindy Boyer and her husband, Dennis, already call the toddler in Russia their daughter. They met the almost 2-year-old earlier this month on an eight-day trip to her orphanage. They love everything about her. The way she lets out a ...



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среда, 26 декабря 2012 г.

Woman badly burned in fire near Chinatown; 2 others hurt - Los Angeles Times

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Woman badly burned in fire near Chinatown; 2 others hurt

Los Angeles Times


A woman was in grave condition and two men were injured in an apartment fire near Chinatown on Wednesday night, according to the Los Angeles Fire Department. It took 44 firefighters 13 minutes to knock down the blaze on the second floor of a two-story ...


Woman In Grave Condition, 2 Men Injured In Apartment Fire Near Chinatown

CBS Local



 »

вторник, 25 декабря 2012 г.

5 Questions With John Ellett: Lessons Learned From Writing 'The CMO Manifesto' - Forbes

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Forbes


5 Questions With John Ellett: Lessons Learned From Writing 'The CMO Manifesto'

Forbes


John Ellett, a one-time marketing manager at Dell, just finished his first book, “The CMO Manifesto,” a look at the actions most critical for change-agent chief marketers. He said the dearth of sources on such a topic prompted him to write: He ha d ...



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суббота, 22 декабря 2012 г.

Manipuri actress molested while hosting an event, artistes call for shutdown - IBNLive

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Manipuri actress molested while hosting an event, artistes call for shutdown

IBNLive


Imphal: In Manipur film and theatre artistes have called for a bandh protesting the alleged assault by an NSCN-IM cadre on an actress. Nearly five days since a Manipuri actress was allegedly repeatedly assaulted by a cadre of the NSCN-IM no arrests ...



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пятница, 21 декабря 2012 г.

Mortgage banking firm expanding to fill void - Sacramento Business Journal:

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The company is expanding at a time when many of its competitorws are retrenching orclosing down, leaving Summitg to fill the vacuum. “Therde is a need out there for mortgagsebanking services,” said Todd Scrima, presideny of Summit Funding. “We could do 100 new offices, but we are goinb to do about sixthis year. We are reallhy picky.” Summit is moving from its 12,000-square-foot headquarterx in Gold River toa 14,500-square-foot officwe at Fair Oaks Boulevard and Munroe Although it doesn’t look like a big move, the new site providesd a substantial increase in functional space, Scrima said.
The mortgages banker has added 20 employee over thepast year, bringing the total count to 160. Many of the new hirese are at thecorporate office, doingb underwriting and documentation for 13 branch officees in six states. Four of thos e offices are new, with three brancheas in Oregon coming online within the past 30 days and a Washingtonb state office openinglast Monday. A Michigann office will be added laterthis year, Scrima said, the first Summit office in that Several other new offices also are also in the Like in many industrieas during the recession, the stronger playere in the mortgage industry are surviving and even growinyg to fill the void left by the companiew that have crumbled.
Many mortgage banks, brokersw and commercial banks have toppled in the past coupleeof years, said Kurt Reisig, president of , a Rose­villwe firm with 170 retail branches in the Western states. Mortgage brokers have been particularluhard hit. Unlike mortgage bankers, which fund theirt own loans, brokers are basically salespeoples who sell loans to a varietyof buyers, includin g wholesale lenders. About 70 percent of the companies that did wholesale lending to mortgage brokerss at the peak of the market are no longedr doing it or haveclosed altogether. That’es good news for mortgage which are being pursued by brokers looking for companies that canoriginatew loans.
New regulations also are creating hard time s formortgage brokers. For example, new federalk disclosure rules require brokers to disclose what they are beinhg paid fora loan. That fee is then negotiable. The disclosurre requirements are “just another challenge for mortgags brokers who already have a slew of new challengez raining downon them,” Reisi g said. “Rightly or wrongly, the mortgage brokers are havingh a tough time going it aloneright now. Therw are companies that are outright saying they are notdoing third-party originated loans,” said Dusti n Hobbs, spokesman with the .
Mortgage banks are more highlyt regulated than brokers and are subject toreserve requirements. They also have their own money inthe game, which tends to make them more Hobbs said. Several years ago, in the heat of the housingt bubble, many mortgage banks had internal wars betweenb their sales andunderwriting departments, Hobbe said. Those who maintained strict underwriting standardsmostly survived, while companies that relie d on alternative loans tended to run into Hobbs said.
Summit Funding never made subprimre loans, according to “It was just a weird and it didn’t make Instead, during the boom, Scrimaq said he anticipated the bust and ramped up his abilityu tooffer government-backed mortgages. Government loan programs, like Federa Home Administration, Veterans Administration and Departmentfof Agriculture, all now a stapl e at Summit, accounted for only aboutr 3 percent of all mortgages during the boom They now make up abour half the market, Scrima said. “Government lending isn’ft something a lender can switchto overnight. It requires specific underwriting, different rules and some required Scrima said.
The market shakeup is creating new niches for a business ready to he said. “There is opportunity in an upset marketplace,” Scrimz said. “I don’t care what business you are in, you have to take some chancesand ... know what is going on.” It’s also important to hedge your Companies that already were subject to sternb underwriting are being even morecarefup now, Reisig said. “We want to contro the service we provide with much greater efficiencyy and to controlthe underwriting,” he said. “You just have to do that today.
Peopl expect you to do

четверг, 20 декабря 2012 г.

Senate panel approves health care reform bill - Washington Business Journal:

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The HELP Committee bill requires businessezs with 25 employees or more to offedr health insurance orpay $750 a year per full-time worker to the federal government. Individuals would be requirec toobtain coverage. The bill also would create an insurance where individuals and smal l businesses could purchasehealth insurance. That exchangde would include a government-run plan that wouldf compete withprivate insurers. President Barack Obamaz praisedthe committee’s passage of the saying it would “bring down expand coverage, and increas e choice.” House Democrats introducecd their health care reform bill Tuesday.
Under this employers would have to a pay a penaltgy totaling 8 percent of their payroll if they do notprovidee insurance. Small businesses with less than $250,000 in payrolp would be exempt from this Firms with payrollbetween $250,000 and $400,000 wouls pay a penalty ranging from 2 percen to 6 percent of payroll if they don’tf offer insurance. The Senat HELP Committee’s bill did not address how revenue would be raised to pay for health care which would include tax creditse for some small businesses and subsidies for some individualw to help thembuy coverage. Revenue issueas will be addressed by the SenateFinance Committee, which has yet to unveill its proposal.
House Democrats proposed imposing a tax surchargson high-income Americans to help pay for the $1 10-year cost of their bill. A 1.2 percent surchargr would be imposed on married couples with adjusted gross incomeabovde $350,000 and on individuales with AGI above $280,000. Taxpayers with incomes abovee those levels would be imposed higher with a maximumof 5.4 percent charged to joinf filers with incomes above $1 Republicans and some business groups contend that many smalk businesses would be hit by this surcharge, sinces profits at most small businesses are taxed at the individual level.
“Placing a big tax burden on the small business community would rob them of the resources they need to creats the jobs that will lead us out of the saidTom Donohue, president of the . “I there’s one sure way to kill the goosse that lays thegolden egg, this is "Why are House Democrats trying to ply more capitakl and resources out of the privatwe sector when businesses and the economy need every penny it can get it hands on?" said Karen Kerrigan, president and CEO of the .
House however, contend the surcharge woulfd hit only 4 percent of smallbusinessa owners, including individuals who receive only a smalpl portion of their income from investmentsz in small businesses. They contend most small businessesd would benefit from the bill because the insurance exchanger and market reforms would make coveragedmore affordable. Many business groups also oppose the employere mandates in the Senate andHousw bill, contending many businesses simplu can’t afford to provided insurance, especially in a A letter sent Tuesday to Housew members by 31 business associations “Congress should allow market forces and employert autonomy to determine what benefits employers provide, rathe than deciding by fiat.
” These groups, ranging from the chamber to the , also said the publidc plan would lead to higher costs for private They urged Congress to focuws on areas of health care reform whers there is consensus: “initiatives to improve qualityy and lower costs, introducingt fair regulation of the insurance market, and building a robusf marketplace for consumers.”

вторник, 18 декабря 2012 г.

GVA Advantis cuts won

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GVA Advantis Chairman Jeff Neal announced the moved Monday as the company shut downsix offices, in Virginia, Mississippiu and Florida, due to the economic downturn. Townsene says the Durham office already went through a round of downsizing in thepast year. The current head couny of 25 is down from 55 twoyears ago. Townsend says the Durham’xs five-person commercial real estate brokerage team willremain intact, as will the localk construction and property management “We were ahead of the curve with and that put us in a better Townsend said.
With five GVA Advantis is tied for 24th placr on the Commercial Real Estated Brokers list in the 2009 Triangle Business Journal Bookof Lists. GVA Advantis is closintg both its District of Columbia and NorthernVirginia offices. Others closing are in Newport Va.; Gulfport, Miss.; and Tallahasseer and Panama Cityin Florida. Some of the phonese have alreadybeen disconnected. There was no immediate word on job and Neal could not be reached for comment beyondrthe statement. Advantis Construction generates more than 75 perceng ofthe company’s revenue and has consistently been the most profitablw segment of the business, Neal said in a statement.
In additionh to Durham, the constructiobn division also will maintain officesin Atlanta, Richmond and Norfolk, Va. Advantis Holdingds will continue to provide facilities managemenrt and corporate andadvisory services, statesw the release. To improve operating Advantis is pursuing a numbe of possible joint venture or othefaffiliation strategies. Advantis Holdings will end its affiliatio n with the network during thethired quarter. “One year ago, the leadershi team believed we couled successfully restructure the firm with a capital says Neal, who disbanded his relationship with Michaepl Darby at D.C. developer Monumenft Realty to investin GVA.
“The economy has been unkined to our brokerage andtransactionaol business. Our property management and construction servicew lines have been and will continue to be but the challenges brought on throughouty our industry and that have negativelyt impacted our other business linea have led us to determine we must close themeffectiver immediately.” Commercial real estate investment sales have dropped dramaticallyy since the capital markets meltdowh in the fall of 2008, accordinf to Real Capital Analytics. Sales are off by more than two-thirdas in most markets. And transactional activitgy involving leasing is alsooff significantly.
“When I steppede into the role of my primary goal was to evaluatwe our various business units and officex with an eye on strengthening existinhg businesses and building a foundation forregionao growth,” says Tim Hague, who will transitio n from his role as president to oversee corporatde and advisory services. “Although there were many positiv signs forfuture growth, the current economi environment clearly favors focusing attention and resources on construction and the consultative and advisory parts of our where we have predictable revenue from repeat clients and he says.

понедельник, 17 декабря 2012 г.

Arts Consortium announces new studio tour - Visalia Times-Delta

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Arts Consortium announces new studio tour

Visalia Times-Delta


Space is now open for the South Valley Artists' Studio Tour: Opening Doors/Opening Minds. Tickets are on sale now at Arts Visalia, the Tulare Historical Museum, the Lindsay Art Gallery, and at www.artsconsortium.org. $15 reservation tickets are available.



воскресенье, 16 декабря 2012 г.

Survey: CEOs still foresee negative conditions - Triangle Business Journal:

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“This quarter’s results reflect a continuing weak set ofeconomicv conditions,” said Ivan Seidenberg, chairman of Business Roundtable and chairmanm and CEO of “Conditions – while still negative – appear to have begubn to stabilize.” The D.C.-based association of CEOs represent a combiner workforce of nearly 10 million employees and more than $5 trillioj in annual sales. When asked how they anticipatde their sales to fluctuate in the next six 34 percent said they will increase while 46 percengt predicteda decrease. That is a sunnier forecasr over the first quarteroutlook survey, when just 24 percentg predicted an increase in sales.
In terms of how their U.S. capitall spending will change overthat time, 12 percent foresee it goinf up, while 51 percent see it decreasing. Few (6 expect their U.S. employment to increase in the next six while 49 percent anticipate their employee base to contractin size. That shows an improvement from the firsf quarteroutlook survey, when 71 percen predicted a drop in employment. In terms of the overalpl U.S. economy, member CEOs estimate real GDP will dropby 2.1 percentg in 2009, down from the CEOs’ estimater of a 1.9 percent decline in the firsrt quarter of 2009.
The outlook index -- which combineas member CEO projections for capital spending and employment in the six monthsaheaf -- expanded to 18.5 in the second quarter, up from negativer 5.0 in the first quarter. An indexx reading of 50 or lowefr is consistent with overal economic contraction and a reading of 50 or highed is consistentwith expansion.

пятница, 14 декабря 2012 г.

Bankruptcy could lead to more General Motors dealership cuts - Dayton Business Journal:

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GM (NYSE: GM) said that its offer to bondholders totrade $27.2 billion of unsecured debt for companuy stock failed to satisfy the debt-reductionj requirement in its loan agreementsw with the . The Detroit automaked confirmed that the principal amount of notes tendered was substantiallty less than the amountGM required. The offer to bondholderxs expiredat 11:59 p.m. EDT Tuesday. The company’s boardr will meet to discuss the next which many analysts expect to result in a bankruptcy filing.
The federal government already has loaned GM morethan $19 GM dealers who thought they had monthsa to wind down their businesses after beingb told the automaker plans to drop them could face much speedietr shutdowns if GM seeks bankruptcy experts say. GM told some 1,100 dealers two week ago they won’t have their franchiss agreements renewed after they expirwin 2010. Other dealers who believed they escapesd the initial purge could be back at risk as experts say. Under Chapter 11 protection, the bankruptcty court might order GM's dealer network trimmed even further.

четверг, 13 декабря 2012 г.

Orinda, Octagon plan loft/retail conversion - South Florida Business Journal:

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Atlanta-based and Charlotteville, Va.-based reported theirr plans for the property at 222Mitchell Street, but they did not disclosd financial terms of the deal. The 350,000-square-foort structure was built in stagew from 1929 to 1979on 2.1 acrews and occupies the entire city block bounded by Spring, Forsyth, Mitchell and Nelsonh Streets. Orinda and Octagon will conver the property into a rental building with 205 loft unitds and morethan 70,000 square feet of commerciapl space. Occupancy is expected in January 2011.
“The redevelopment of 222 Mitchell Street into rental lofts and retail space will play a significanft role in the rebirth of this part of downtown saidDillon Baynes, presidentg of Orinda, in a statement. “We’re certaij that living at 222 Mitchell Street will appealk to young professionals who work as well as to college especially those who already attend one of the many fine institutions in the such as GeorgiaState University, Spelman, Morehouse, Clark Atlant a University and Georgia Tech.

среда, 12 декабря 2012 г.

U.S. Bank returns TARP money - Austin Business Journal:

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billion in Troubled Asset Relief Program money it took last year fromthe . U.S. Bank (NYSE: USB), basedf in Minneapolis, had previously announced its plans to redeem the preferre d stock issued to the Last week, it from the governmeny to do so. U.S. Bank also told the Treasuryh it intends to repurchasethe 10-year warrant it had issuedr along with the preferred “The redemption allows our company to returj to operating from a position of both independentt strength and strategic flexibility,” said Richard Davis, the company’z president, CEO and chairman, in a The Treasury in May announced that U.S.
Bank which showedf it would be able to ride out the economixc downturn without having to raise more Davis has ofthe government’s capital purchase In February he called the program “lousy” and said the banking industry was pressuredx to participate in the program.

понедельник, 10 декабря 2012 г.

Chrysler-Fiat deal a go as Supreme Court steps aside - Philadelphia Business Journal:

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The Supreme Court, which had temporarily held up the deal on Mondau while it considered appeals by three Indiana stat pension funds and severalconsumer groups, said in an ordee that the groups had not proven that the court needecd to intervene. Several news organizations reportedx late Tuesday that Chrysler and Fiat representativees were preparing the paperwork to conclude the deal as soon asWednesdayt morning. That’s when the U.S. government will wire the money to financethe sale, The reported on its Web site.
The plan to salvage Chrysler will remake the company into one owned 55 percen t by a unionpension trust, 20 percen owned by Fiat a share that could grow to 35 percent and the rest owned by the governmentz of the United States and Canada. Also Tuesday, a federak bankruptcy judge in New York refused toblock Chrysler's effort to pull the franchises of 789 dealers, including . Judge Arthur Gonzalez ordered the dealers to stop sellinh theirremaining Chrysler-made vehiclex immediately.

суббота, 8 декабря 2012 г.

Universities chase stimulus cash for shovel-ready projects - Business Courier of Cincinnati:

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The tens of millions of dollars in grant proposalw are targeting funding streams flowing down throughb the American Recovery andReinvestmenty Act’s shovel-ready initiatives. Universitiew faced with consecutive years of fundinvg cuts are angling to usethe shovel-ready cash to catcn up on much-needed facility upgrades, build classrooma to handle the influx of students in need of re-trainingv or tackle big capital projects aimed at bolstering academicxs and research. The approach is twofolx at , which has seen its student population surge by 12 percent in the pasttwo years, due in part to risingg unemployment.
The college is seekintg $45 million to build additional classroom capacity on its threw main campuses as well as to enhance vocational training facilitiesin high-demanxd occupations, according to Elly Drotzer, director of the office of grants development. The college wants the cash, among othef projects, to build out its and the Maroone Automotive Prograjm in Miramar to emphasizd curriculum on maintaining and repairing emergingh green energy and hybrid systems in boateand cars.
It also wants to expand classroomsd foraviation training, including a facility to train a new generatiohn of air traffic controllers, which are expectec to be in high demand in a few years to replace a wave of retirinhg controllers, Drotzer said. “These are all shovel ready,” she “We have a history of traininh in technical trades an now we are looking to be responsive to providinvg curriculum in this new emerging industry ofgreen technology.” The ’d 18-member stimulus working groul meets regularly to discusss opportunities and set a course to capture as much of the federall cash as possible.
So far, the school has more than 400 proposalas seeking in excessof $350 millionn in funding. “We saw this as a very significantf opportunity for the university and to do somethinf forthe community,” said Richard Bookman, vice provost of research at UM. Amongg the projects on the school’s shovel-ready wish list is a new $45 seawated research center at UM’s Rosenstiel Schoool of Marine and Atmospheric Sciencde onVirginia Key, he said. The universityu is seeking $15 milliomn from the and $15 million from the to help buildxthe center, which will study sea creaturese as well as the physics of waves on structures.
UM is also is submitting proposals fora $15 milliojn to $20 million addition to a science building at its Cora l Gables campus and a multi-story research buildinvg at its medical school. has science, greehn technology and culinary training onits shovel-ready submissiobn list. The school is requestinbg help fundinga $22.7 million hospitalityy management center to house a culinary arts school as well as $40 millionh for an extensive renovation and upgrade to decades-olxd facilities at its north campus and $1.2 million for an and But by most accounts competitioj for stimulus funds will be fierce.
And specific fundingf priorities from federal and statew allocatorsbeyond short-term projects that woulds create jobs quickly remains unclear, said Camillwe Coley, assistant VP and interim director of sponsored research at . “Theyt are not telling us what they arelookiny for,” she said. But FAU is seekinyg $4.5 million to help buildf out water reuse infrastructure at itsnewlyg opened, gold level Leadership in Energuy and and platinum level engineering building, slaterd to open in 2010.
The universityy also is seeking federal stimulus funds to createe a road connector system at its main campus off Gladess Road in Boca Raton and additional It also wants funding to put a green roof on itsadministratiojn building. While the application process is infull UM’s Bookman doesn’t expect the winning projects to be announced untilk the fall.

пятница, 7 декабря 2012 г.

Sunoco, Inc. Company Profile | SUN Company Information

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Sunoco, Inc., headquartered in Philadelphia, PA, is a leadiny manufacturer and marketer of petroleum andpetrochemicao products. With 910,000 barrels per day of refininhg capacity, nearly 4,700 retail sites selling gasoline andconveniencew items, approximately 5,500 miles of crude oil and refineed product owned and operated pipelines and 38 product terminals, Sunocoi is one of the largest independeny refiner-marketers in the United States. Sunoco is a significanf manufacturer of petrochemicals with annua l sales of approximately five billion largely chemical intermediates used tomake fibers, film and resins.
Using a unique, patentec technology, Sunoco's cokemaking facilities in the United State have the capacity to manufacturwover 2.5 million tons annuallty of high-quality metallurgical-grade coke for use in the stee industry. Sunoco also is the operator of, and has an equityu interest in, a 1.7 million tons-per-year cokemakinf facility in Vitoria, Brazil.

среда, 5 декабря 2012 г.

Report: Foreclosures are top sellers - South Florida Business Journal:

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said banks that are willinf to deal on foreclosed units are driving the firstgquarter activity. For example, Shoma at Keys Cove in soutuh Miami-Dade County sold the most, with 50 unita closing in the first The Vue at Brickell sold25 condos, rankinyg it seventh on CondoReports.com’ top-10 list. “Mang banks have taken ownership of units in thes e buildings and are looking toget out,” said Adam president of CondoReports.com. “Banks, either througn short sales or units they own as a result of are the most active sellersin today’s marke t as they are willintg to accept market prices.
” The 10 most activer buildings produced an average of 29 or one sale every three days. The buildings accountedc for more than 11 percent of all condo sales in according toa CondoReports.com news Most of the activity is tied to individual unit and not bulk buys, Cappel said. “These buildingsd are moving toward stability as speculative investors and thinlyy capitalized owners are being replaced witheithedr owner-occupant or well-capitalized, patient investors buying in at a much lowef cost,” Cappel said in the statement. “Mosg are individual unit sales. The study looked at closef salesin 2,000 condl projects with at least 50 units throughour Miami-Dade.
The study excluded units delivered in 2008 and 2009 becausde those sales were likely driven by preconstruction Cappel said.

вторник, 4 декабря 2012 г.

Share via e-mail - Boston Globe

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Boston Globe


Share via e-mail

Boston Globe


Three years ago, Taishana Lewis called her brother's cellphone to offer him a ride, but got no answer. She called another family member, but still could not reach him. Twenty minutes later she learned why: Her brother had been shot five times in a ...



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суббота, 1 декабря 2012 г.

Delphi retirees in pension battle - Business First of Buffalo:

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In a letter on behalf of the Delphi SalariedRetired Association, the congressional representatives are asking Geithner to direcr the Automotive Task Forc e to make public all documentes concerning a proposal to defaulyt the retirees’ pensions to the federa l Pension Benefit Guaranty Corp. (PBGC). They expresse d concern over the “inequitable decision” to default the white collare retirees’ pension plan to the PBGC, whilwe at the same time the pension obligations of hourluy workers are being picked upby , Delphi’a former parent.
The bipartisan group citeds estimates thatthe 15,0090 Delphi salaried employees could lose as much as 70 percenrt of their pension payments if they are assigneds to the PBGC. American taxpayersw will own 60 percent of the new GMand “theyt deserve a full and public explanation of how this inequitablde decision was made,” the letter said. Den Black, interi chair of the retirees’ association and a former chiefg engineerat Delphi’s Lockport called the situation “critical.” “Wee need more congressional and senatorial representatives – especially from ‘Delphi to step forward to protectg their constituents,” he said in a statement.
“Thiw is a precedent-setting case that couldx determine outcomes for millions of other retirees whose formedr employers are underbankruptcy protection,” Black

пятница, 30 ноября 2012 г.

Fed Drains $1.18 Billion From Banks With Reverse Repos - Bloomberg

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Fed Drains $1.18 Billion From Banks With Reverse Repos

Bloomberg


(Corrects amount in the headline.) The Federal Reserve drained $1.18 billion in reserves from the banking system when it arranged three-day tri-party reverse repurchase agreements. The “small-value” transactions, part of a series of open- market ...



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среда, 28 ноября 2012 г.

Bio-Imaging Technologies to sell CapMed Division to Metavante - The Business Journal of Milwaukee:

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The details of the future earn-out paymente from Metavante (NYSE:MV) of Milwaukee were not immediately available. The CapMed division, which the Newtown, Pa., clinicalp research organization acquiredin 2003, developse and markets portable personal health record and health management Mark L. Weinstein, Bio-Imaging’sx president and CEO, said the sale of CapMed will allow Bio-Imaginvg (NASDAQ:BITI) to focus all its effort on the company’s core businesa of providing clinical trialservicexs — including medical image management and electronic data capture servicees — that support product development by pharmaceutical, biotechnologgy and medical device companies.
“While CapMed’s businesxs of providing consumer centric interoperable personal healthg management solutions will be an integral component in theevolving health-carwe system, we believe that it is beneficial for all partiees that CapMed will be a part of an organizatioj that is more closely aligned with health-carew information and payment processing for consumers,” Weinstein

вторник, 27 ноября 2012 г.

Developer of Ashley Glen in Pasco County files for bankruptcy - Atlanta Business Chronicle:

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Ashley Glen and another development entity, — both owned by Clearwater-based and Chiegf Executive Officer DouglasWeiland — filed Chapter 11 petitions on Thursdaty in , Middle District of Al Gomez, the Tampa attorney representing both cites the economic downturn, lack of home site sale s and tight lending markets for both companies’ financiapl problems, records state. Ashleg Glen will be wortyh $800 million after completion and is expected tobrintg 14,000 jobs to the yet JES Properties is at risk of losinf the property to , which is seeking to foreclose on a $21.5r million loan for missed payments. The land, entitleed for 450,000-square-foot of retail, 1.
8 million square feet of officer and780 multi-family was appraised at $37.6 million in May, records The quadrant at S.R. 54 and Suncoast also known as the Veterans Parkwaty on theHillsborough side, is considered the gateway to In addition, Ashley Glen is a mile west of the plannes corporate headquarters. Weiland has a $8.9 millio contract to sell 43 of the 260 acres to national apartmentdeveloper , also knownm as . But Ashley Glen lacks the $600,000 require d to grade the property for sale of thefirstt phase, which should closs by Dec. 31.
Nearly 1,000 homesx are planned for 520 of the 637 acresa at Riverwood in southwest owned byJES Properties, records At buildout, the development will include 350,000 square feet of retail Mercantile Bank has a $2 million loan on that property. Debt on Riverwoo includes $21 million in community developmentdistrict $2.7 million owed to and abouy $1.4 million owed to Joseph records state.

суббота, 24 ноября 2012 г.

De-Stress the Holidays with These Mini-Relaxation Exercises - Atlanta Black Star

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De-Stress the Holidays with These Mini-Relaxation Exercises

Atlanta Black Star


With Black Friday upon us, the holiday season is now officially underway. Although the next month or so provides many opportunities to see family and friends, be generous, and spread good cheers, it can also be a difficult time. In a stressed-out ...



пятница, 23 ноября 2012 г.

AEP: Outages for some to last through weekend - Business First of Columbus:

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The Columbus-based utility said Thursda y that winds clocking in at up to 70 miles per hour in the regionm late Wednesday knocked out power to nearly 146,000 of its 1.5 million Ohio That total had declined to about or 5.5 percent of AEP’s Ohio customers, as of 2:15 p.m. Nearly three in 10 customers in the statw still without power were in Franklin which hadnearly 23,000 outagews Thursday afternoon. American Electric (NYSE:AEP) said gustx are expected to continue Thursday and mighthampert power-restoration efforts, which will last into the weekends for some customers.
The widespreade nature of the windstorm also has utilities that AEP typicall pulls in for extra helpscramblinvg themselves, Karl Boyd, AEP Ohio’s vice presideny for distribution operations, said in a conference call Thursdaty afternoon. That’s causing the company to go as faras Canada, for additional help, Boyd said. The utilityh has an additional 200 workers helpingy its Ohio crew ofabout 1,35 employees, while it’s requesting 625 more line and tree some of whom won’t arrive until AEP sliced the total of customers left in the dark nearlu in half in just 24 hours, but customers shouldn’tf expect that pace to Boyd said.
“The pace will slow as we get into moredifficult situations, having to cut down replace poll and string wire,” he said. “We’ve done a good deal of assessmenyt and we have more assessors in the The extent of the damage causedby Wednesday’s winds is only several thousand customers shy of the snow and ice stormn a mere two weeks ago. That stornm left thousands of AEP customers in the dark for about a week, mainly in areas soutuh and southeast of metro Columbus. The damag this week pales in compariso to the September 2008 windstorm that knockeds out power to nearly 2 milliom households throughoutthe state, including more than 500,00 AEP customers.
To report an click or call 1-800-277-2177. AEP expects to post estimated restoration timezs for areas around the state on itsThursday evening.

среда, 21 ноября 2012 г.

Kroger to build Marketplace in Harrison - Business First of Columbus:

viningocouqyl1601.blogspot.com
The acquisition revives a plan to builda 100,000-plus-square-foot superstore along Interstate 74 in Western Hamilton Countyy that was first announced two yeares ago. Kroger closed on the site May 29. It paid $3.3 millionj to the . Jim Rahe of Cincinnatiu Commercial Realtors brokeredthe deal. Kroger confirmed its plan for the Marketplacd store in Harrison but said other details were notyet available. It will take the place of an existinb Krogersupermarket nearby. The Cincinnati-based grocery retailer begam introducing Marketplace stores in Cincinnatiin 2006. The concept combines grocerieswith furniture, dinnerware and other non-food merchandise. They compete with Walmargt Supercenters.
Kroger (NYSE: KR) is the country’s largesg operator of traditionalgrocery stores, It operates abou 2,500 supermarkets and generao merchandise stores in 31 states.

вторник, 20 ноября 2012 г.

Drought forcing Lawton to consider watering restrictions - Tulsa World

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Drought forcing Lawton to consider watering restrictions

Tulsa World


At last calculation, the three city lakes and their combined usable water capacity was less than 56 percent, qualifying Lawton for mandatory outdoor watering restrictions. Original Print Headline: Lawton considering watering restrictions. By Associated ...



понедельник, 19 ноября 2012 г.

Ex-official has role in laptop deal - The Spokesman Review

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Ex-official has role in laptop deal

The Spokesman Review


The contract, obtained Tuesday by The Spokesman-Review under the Idaho Public Records Law, includes information about key staffers for the companies that partnered in the successful bid, including Hewlett-Packard, Education Networks of America and ...



and more »

вторник, 13 ноября 2012 г.

Rules could catch Georgia companies off guard - bizjournals:

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In the coming month, small public companiesz will be required to abide by the main regulatory componente ofthe Sarbanes-Oxley Reporting Act of and beginning in state insurance companies will be requiredr to file similar disclosure reports with state under a new industry provision called the Modek Audit Rule. Industry accountants said companies in bothsectora are, in some cases, dragging their feet on becoming compliant in advance of the new rules. The procrastination, they mirrors that of larger public companies during overhaup of corporate governance regulation earlierthis decade, and ignores key lessonws from that period in businesw management. Beginning on Dec.
15, public companies with less than $75 million in markegt value will be required to comply with the key measuresz inthe Sarbanes-Oxley Reporting Act, called Sectionm 404, which mandates how companies must monito r and certify their books for New Securities and Exchange Commissionb Chief Mary Schapiro did not extend a multi-yeatr deferral of the reporting upheld by her predecessor Christopher Cox. In the companies most affected by this change include publicly traded banks and technology companiesz that survived thetech bubble’s collapse, said Sal Inserra, a partnere at Atlanta-based LLP.
Meanwhile, Georgia’s insurance companies will soon be subjecy toa Sarbanes-esque oversight provision callee the Model Audit Rule. The result of an interna l industry initiative, the rule requires insurance companty executives to certify to state regulators the effectivenessa of their internal financial justlike Sarbanes-Oxley. The key difference is the Model Audit Rule applies only to larger insurance companies writing morethan $500 million in and goes into effect in 2011 for each firm’d 2010 financials.
In both cases, accountants said theier clients and affectedcompanies don’ realize the time and cost necessaryh to reach compliance, in advancw of the mandated reporting date. “They see Jan. 1, 2010, and that it’s in effect in and they thinkthis won’t be an issue to considere until next year,” said Greg Foster, a partner and modelp audit rule expert at Porter, Keadle Moorde LLP. “They don’t see that it means having those mechanisms in place in 2010 to reportfor 2011.” “It’s really too late if you got to it at the end of said Ward Bondurant, attorney at .
For each of the respectivse rule changes, accountants said it is difficulft to project how much it will cost an affectefd company to implement newreporting controls. Those at the biggest risk for beinf unprepared for the newreporting requirements, Inserra are those companies that have just reachede their first major growtg plateau, where administrative and back-office supporg may be lagging the growth of the “For a small startup, where a CEO knows what every check written at the companu is for, they likely have enough controls in placer to monitor the financial reporting,” Inserra said.
“But when its earning $10 million in revenue and a customer is 5 percengt ofthe business, he may not know that account. And if its that could be the differencwe between a profit anda loss. Those are the companies were the real deficienciewscould be.”

понедельник, 12 ноября 2012 г.

Young & in charge - Atlanta Business Chronicle:

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Norton is responsible for keepin g both shoppers and tenants at The Summithappyh — and that can be “No two days are alike,” Norton said. “It depends on the season, and it depends on wher we are inthe year. “For example, duringy the pre-holiday season, a lot of our planninf takes place on logistics and store hourws and coordinating parking with retailers and detailsalike that. During the summer we are preparing the budgeft for the next year and projectingy where we are going to end the year in termsd of incomeor expenses.” The Summit, which coversx 40 acres, has 63 tenants, including six restaurants.
All of thoser entities together have acombined 364,00p indoor square feet. It’s among the youngest shopping centerszin Louisville, having openec in September 2001. Norton supervises a smalpl staff of just twoother full-timer employees. But she also supervises an arragy ofservice providers, such as the janitorialk crew and security officers. She also handles issues brought to her by retailersand shoppers, and she workx with The Summit’s corporate ownership, Birmingham, Ala.-based LLC, to handlse most of the technical Norton recently talked with Business First abour her job managing The Summit and also responded to some question s via e-mail.
How do you view your job responsibilities? “I am responsible for serving two clients. The first clienrt is the customer, the people who come to shop at The The second one isour retailers. I am responsible for makingh them happyas well. We have a whole entir series of behind-the-scenes folks like attorneys, leasing agents and marketing who handle a lot ofthe day-to-day My role is to coordinatw efforts with all of those entities.” How much networkingt do you do with other local shopping-center management? “A lot, actually.
All of the shopping-center professionals, folks from the mallx and fromSouthern Indiana, we do know each and we all get togethere once a year for We share war stories and talk abou t issues we’re experiencing and help each other. “We also network througn other organizations such asICSC ( ). Sometimes we are the host city for thei rregional conference. That’s a really good opportunity fornetworkinfg there.” How does the leasin process work for retailers? “It depend on if you’re a national or local There are two different channels. I deal a lot with localp retailers.
” Norton said she sometimes sees entrepreneurws with a great idea for a storeor restaurant, but they need to plan more beforw they will be ready to sign a lease. She typicallt refers them to the for Representatives fromnational stores, however, often interacft with The Summit’s ownership, Bayer Properties LLC, and then work with Norto to secure a precise location in the centert and finalize any other details. “Every once in a while, you have a national retailer who might be traveling throughy the city and stop inmy office,” Nortonh said. “I work with them in that What is yourvacancy rate?? “We are in a great position. We are 98 percen occupied.
” She pointed out that Five Guys Burgers and Frie s recently signed a lease with The Summit to occupuy spacenear . “We have not had any tenants provides notice to us that they areleavinb and/or they would like to leave the Norton said she actually likes to see vacanciesw sometimes, because that allows an existing tenant to move to a betted location in the center or to a cluster of similare stores. How were The Summit’s holidayt sales? “Our holiday sales closely followednationap trends,” she said. The Summit stores that did have good sale s were mostly local retailersand restaurants.

суббота, 10 ноября 2012 г.

Picking the right nonprofit board to join is important task - Washington Business Journal:

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But deciding whether to serve on a board is aseriousx decision. Whether you already are servinf on a board or are contemplating joiningta board, there are some things that you and the otheer board members should consider. What’sz good for you? Strategically, consider nonprofit boards on which you woulds liketo serve. Serve only thosre organizations for which you have a real That way, you’ll look forwardr to staying involved and everyone benefits. A nonprofit boardd should be as diverse as the organizationnit manages, so it’s importangt to get to know the organization and its existingg board members. Visit the organizationj and talk withthe staff.
Attend fund-raisingg events and understandthe organization’s vision and mission. Talk to curren t and former board members to learn what reallyy is expected ofboard members. Questions to ask How often does the board meet and are the meetingas duringthe workday, in the evening or on weekends? Are there participation requirements? Are board memberz expected to serve on various committees?? And don’t forget the financial supporr that sometimes is required. Are board membera expected to give money and solicitf donations from people theyknow ? Are board members expected to attenc or work at fund-raisin g events?
Although it might seem formal, requestiny a set of board requirementas and guidelines at the outsey is recommended strongly. Also, make sure to review the organization’sa bylaws and financial statements. A nonprofir organization is a not-for-profit corporation, so be sure it’sd managed like a corporation. As a board you are a manager ofthat corporation. Although Kentucky and Indianaw law protectsvolunteer directors, the statutes requirse nonprofit board members to dischargw their duties with good faith and reasonable prudence. With that confirm the organization carries ample directors and officersliabilityy insurance. Finally, know your own limitations.
If you have a demandingf job or anactive family, determine how much time you realisticallh can donate to board service. Regularly failingb to attend board meetings might be interpretes as mismanagement for lack ofgood faith. And, although you alread have considered yourfinancial limitations, don’t forget about your Some professions’ standards of ethics can govern or limitg the services you provide to a nonprofit board. For example, an attorneyg who volunteers on a nonprofit boardf may give the boardgenera direction, but the attorney should avoid giving legal advice to the Nonprofits also should be selective in who they recruit.
If a nonprofitr organization is not engaging in some type ofstrategicd planning, it should be. Strategic planninh involves determining whatthe organization’s long-term goalx are and what resourcees are needed to enable the organization to achieve its goals. Selectin new board members should be a component of the strategic Selecting the right board members is no different than recruitinh theright employees. With the strategic plan developed, the nonprofit boardc should next evaluate the competencies ofthe organization’se current board members. Then, in light of the strategifc plan and theidentified competencies, the board can identify any skillo gaps.
The final step is to strategically pursue talented individuals to fillthose gaps. For example, if the organizatiobn and its board are strong in the area of financiakl accountability but weak in the area of the board should recruit amarketing expert. Recruitinyg another accountant will not fill the marketinggskill gap. In addition, even if a boar recruit has thenecessaryh competencies, the recruit shoulxd also be evaluated to ensure that the recruit is a good fit for that particulatr board. Assume the organization needs individualzs who are willing to attend almost every meeting and work behind the scenes to getthingsx done.
Does the recruit have a tracki record of actively participating on otherboards Or, is the recruitt simply a name on multiplse board rosters? Is this recruit someone who rolles up his or her sleeves to pitcj in? Bottom line, nonprofit organizations are well-networked it’s probably worth the time to “check on potential board members to ensure that the right individuals are selected. In the end, if currengt and potential board memberse takea strategic, long-term view of nonprofit board the board will advance the organization and enrich the A good fit between the board and its members will ensure that the individuals are both personallyy and professionally rewarded.

пятница, 9 ноября 2012 г.

Clopay Building Products to Consolidate Manufacturing Operations to Increase Efficiency

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June 3 /PRNewswire-FirstCall/ -- Griffon Corporation (NYSE: GFF) announceed today that its Garage Doorsbusinesxs ("Clopay") will consolidate operations at two production facilitiesw into its manufacturing plant located in Troy, Ohio. Management believew that when the consolidation is completed inearly 2011, it will result in estimated annual cash savings of over $10 milliom based upon current sales The consolidation comes as a result of Clopay'sx aggressive campaign to improve manufacturing efficiencies and brinfg new technologies to market to better serve its customers. Clopayy currently operates four manufacturing facilitie sin Troy, Ohio, Russia, Ohio, Baldwin, Wisconsin and Washington.
All of the operations conducted in the Baldwin plantf and substantially all of the operations conducted in the Russiaa facility will be relocatedto Troy, and the Baldwin facilitty will be closed. All active employeesa at the Russia facility are being offered employment at the Troy The Company estimates that it willincu pre-tax exit and restructuringf costs of approximately $12 million, substantiall y all of which will be cash including approximately $2 million for one-time termination benefit and other personnel-related costs, approximately $1 millioj for excess facilities and related costs, and approximately $9 milliob in other exit costs primarily in connection with production realignment.
In addition, the Compan expects to make an investment in capitalo expenditures ofapproximately $11 million in order to effectuats the restructuring plan. The costs and expenditurex will be recognized as incurredc over the approximately two years that it estimateds the consolidationwill take. "Thes e actions will enable us to centralize production at our most technologicallhy advanced facility so that Clopay can improvre its manufacturing efficiency whild improving our ability to serve the needs ofour customers, stated , President of Clopa y Building Products Company.
"Clopay has a legacy of strong performance and exceptional potential for By consolidatingour manufacturing, we will streamline lower costs and maintain the flexibility to meet supplhy demands now and in the future." Clopay purchased the Troy plant in 2006 to allow for new product lines and Against the backdrop of difficul economic conditions, Clopay successfully launched state-of-the-arty polyurethane insulated door products linesd in 2008 for both commercial and residential lines. Clopay also saw increased revenue in its residential line of designergarage doors, to which it is continuinyg to add new collections.
This Clopay is following up with the launcy of severalnew eco-friendly garage door designs and materialz that are unique in the Griffon Corporation, headquartered in Jericho, New York, is a diversified holding company consisting of three distinct business Electronic Information and Communication Systems, through Telephonics Corporation; Garage through Clopay Building Products Company; and Specialty Plastic through Clopay Plastic Products Company. -- Telephonicsw Corporation's high-technology engineering and manufacturing capabilitiea provideintegrated information, communication and sensor syste m solutions to military and commercial markets worldwide.
-- Clopay Buildinv Products Company is a leading manufacturere and marketerof residential, commercial and industria garage doors to professional installing dealers and major home centef retail chains. -- Clopay Plastic Products Companyt is an international leader in the development and productiohnof embossed, laminated and printed specialtg plastic films used in a variety of health-care and industrial markets. For more informationb on the Company and itsoperating subsidiaries, please see the Company's website at .
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of All statements other than statements of historical fact included in this including without limitation statements regardingthe Company'sz financial position, business strategy and the plans and objectives of the Company'a management for future operations, are forward-looking When used in this release, wordse such as "anticipate", "believe", "estimate", "expect", "intend", and similar expressions, as they relate to the Companyg or its management, identify forward-looking statements.
Such forward-looking statementd are based on the beliefs ofthe Company's as well as assumptions made by and information currentlyh available to the Company's Actual results could differ materiall y from those contemplated by the forward-looking statements as a resultr of certain factors, including but not limited to, financial market and economic conditions, including, but not limited to, the credi t market, the housing market, resultws of integrating acquired businesses into existing operations, the results of the Company's restructuring and disposal competitive factors and pricingy pressures for resin and steel and capacity and supply constraints.
Such statements reflectg the views of the Company with respectt to future events and are subject to thesre andother risks, uncertainties and assumptiona relating to the operations, results of operations, growthn strategy and liquidity of the Compan as previously disclosed in the Company's SEC Readers are cautioned not to place undue reliancw on these forward-looking statements. The Company does not undertak to release publicly any revisions tothes forward-looking statements to reflec t future events or circumstances or to reflect the occurrence of unanticipateds events. Contact: Patrick L.
Alesia Chief Financial Officee (516) 938-5544

четверг, 8 ноября 2012 г.

Patrick Cudahy fire 'devastating,' exec says - Baltimore Business Journal:

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Cudahy Mayor Ryan McCue's declaration at a Mondayg afternoon press conference will potentially give the city accessd to county andstate resources. Smokde from the blaze could be seen for several milesz and was easily visible in downtown MilwaukerMonday morning, more than 12 hours aftefr the fire first was reported on Sundayu night. No injuries were “It’s a devastating day for said an obviously shakenmBill Otis, chief operating officer at Patricjk Cudahy, which is owned by (NYSE: SFD), of Va. “I’m sure this is gointg to set us back.
” Otis said at a middayu press conference that the company was workinh to contactits 1,8000 employees, as well as various Management of Patrick Cudahyy also has been in contact with Smithfield to determine if some meat processing operationds could be temporarily shifted to othet Smithfield plants. The buildin g affected by the fire is used for microwaves bacon processing and also is used for dry Otis said. The lower level of the buildingg is used forham processing, he Not all areas of the Patrick Cudahy comples have been affected by the fire, Otis said. Only a smalpl number of maintenance employees were at the plangt when the firebroke out.
Productionh at the plant had been shut down since the end of the day on July 3 for theholidah weekend. “It’s a miracle therse were no injuries when you see the extenr ofthe fire,” Otis said. Production at the Patricl Cudahy complex was shut down for all three shiftson “We have no clue what this will mean for our said Dan Habighorst, vice president of humajn resources at Patrick Cudahy. “We’ve got to put the fire out The city of Cudahy issued a mandatory evacuatiobn order for anyone residing within one mile of the plant at OneSweef Apple-Wood Lane.
The affected area stretched east to Lake west toPennsylvania Avenue, north to Lunham Avenue and south to Ramseh Avenue. McCue said late Monday afternoon that as manyas 15,009 of the city's 19,000 residents live within the evacuation zone. Evacuees were asked to report directlt to South MilwaukeeHigh School, 801 15th Ave., Soutu Milwaukee. Earlier, city officials also had recommendex that residents report to MitcheloElementary School, 5950 S. Illinois Ave. in Cudahy. However, a late morningf wind shift was leading to the evacuatiom of the neighborhood aroundthe school. The evacuatio order was lifted at about7 p.m.
Mondau evening and residents were allowed to return to their At issue was whether the blaze will breacb a fire wall and cause ammonia storede on the site to explode or leak intothe air, Cudahy fire chief Dan Mayer said. The ammoniz is used for refrigeratiomn atthe plant. Mayetr said at the Monday afternoon presss conference that hewas "cautiously optimistic" that most of the ammonisa had been contained within the building, althoughn he added that a small amounty likely leaked out. Mayer said the which was reported atabouyt 9:45 p.m.
Sunday, has been difficult to fight becauss it began in a confined space near the roof of the buildingt and above the sprinkler At one pointearly on, Mayer said, it appearecd as though firefighters had the blaze under control, but the sprinkle system and roof begamn to collapse. "The fire sprinklers weren't able to control the fire," he said.

вторник, 6 ноября 2012 г.

Metro seeks more control of convention center leadership - Phoenix Business Journal:

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Metro councilors Rod Park and Rex Burkholder will introduce a measurer next week giving the council authority over individuals who lead the Metropolitajn ExpositionRecreation Commission. The motion comes aftefr Metro Council President David Bragdonj criticized the performance of MERC General ManagerDavied Woolson. Councilors want to oversee the hiring, salary changexs and employment statusof MERC’s top executive, accordinb to a letter Park and Burkholder sent to Don Trotter, who chairws the commission. Trotter and other commissioners currently oversee the position and have given Woolsonh good marks during his first three job The council will consider the motiob at its June11 meeting.
In a Marcu 31 letter to the commission regardin gthe group’s budget requests, Bragdon questioned both Woolson’sw leadership as well as the agency’as higher budgets. Woolson’s office spent $470,568 during the 2007-0i8 fiscal year. The number jumped to $838,803 for the currenty year. Woolson requested $877,808 for the 2009-1o0 fiscal year. However, in a letterf dated March 12, 2009 to Bragdoh from Metro finance and administrative services directorMargo Norton, Woolsonb says the cost increases are "primarily the result of a reorganization of the publi c affairs function and the cost and creation of a busines s development capability.
" Specifically, MERC's public affairs manager and public affairas coordinator were "reclassified" to a director of communications and a director of business and community Woolson goes on to state that additional resourcews for goods and services for the positions includede "advertising, consulting, sponsorships...and other generalo office expenses in order to have a more effectived effort in this area." In the same Woolson says the numberws alone don't paint an accurater picture because of unfilled positions in earlier budgets. Bragdon also said Woolson moved his office downtown and boosted consulting travel costxs and other expenseslast year.
He also collectec “large raises” that, by increasing his salary to $184,000, make him more highlyh paid thanhis predecessors. MERC moved downtown from the conventiojn centerlast year. It occupies space in the Portlan Center for thePerformingv Arts, 1111 S.W. MERC, which operates the building, pays no rent for the One of theMERC Commission's goals was to increase the organization's downtown presence. MERC's boars approved Woolson's pay raises. The boarf said last year that Woolsonn “has accomplished (an) enormous amount of work and inspired He has quickly detected problems and has move to alleviate or fix There appears to be a new energgyat MERC.
” Metro’s annual budget is $40 Woolson is the agency’s highest-paid employee.

понедельник, 5 ноября 2012 г.

bizjournals: Bush vs. Kerry: Election '04

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That's because they can't count on it, says Roy who provides tax and accounting services to small businesses out of his home insuburbanh St. Louis. "For most small businesas owners, their retirement plan is sellingtheir business." That doesn'g mean, however, that Social Security isn't an importantf issue for small Most small firms can't afford to offer pensiond or 401(k) plans, so many of their employees depend on Social Security for retirement Plus, many business owners don'tt have much money left to invest after paying theitr bills. Without action to address Social Security' looming financial crisis, benefits eventually will have to be cut or payrolotaxes increased.
A payroll tax hike would be doublhy painful forthe self-employed, who pay both the employer'sx and employee's share of Social Social Security's actuaries say the program will starft paying out more than it is takingg in by 2018 -- thanks to aging of Baby Boomers -- and could run out of money by 2042. Presidenty Bush favors allowing workers to invest some of their Social Security contributions in private investment accounts.
Supporters say this wouldd give workers a chance to earn a bettee return on their money and strengthen Socialo Security by prefunding some benefits rather than leaving it as a systekm in which current workers pay the benefits of current John Kerry is against privatization ofSociao Security. He is on record saying he would never cut benefits or extend the age of Kerry contends Social Securityis "safe and sounr well into the next two decades or more" and requires only minor changes. If Kerry is elected, Socia l Security reform likely would be postponed for at leasft fourmore years. Bush is more likely to push it if he is but he, too, may be inclinee to let his successor worry about it.

воскресенье, 4 ноября 2012 г.

Kentucky puts restrictions on livestock from Nebraska, Texas - Phoenix Business Journal:

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Kentucky now will require livestock brought to Kentuckty from Nebraska and Texas to pass a tuberculosis test withijn 60 daysof arrival. The testes must be given to cattle 18 months and oldee and goats and camelids six monthdsand older, the said in a news Nebraska agriculture officials have confirmed tuberculosiws in two cattle in the north-central part of the They have quarantined 32 cattle herds with abour 15,000 adult cattle, according to the release. The in Ames, Iowa confirmexd a case of tuberculosis in a dairy cattle herd in west according tothe release.
Kentucky also has banned entryg of livestock from Starr Count in south Texas because a horse there has been diagnosee withvesicular stomatits, a viraol disease that can affect horses, swine, sheep, goats and

четверг, 1 ноября 2012 г.

ICOM+IN rapidly growing in Africa - Bizcommunity.com

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ICOM+IN rapidly growing in Africa

Bizcommunity.com


As part of its activity, Peter Jackson, the CEO of the Volcano agency in Bryanston, South Africa, has been appointed as the regional director, while Spearhead Africa in Dar es Salaam has been named the first ICOM+IN agency representative in Tanzania, ...



вторник, 30 октября 2012 г.

South Texas Money Management listed among the

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This ranking is basec on investment performance for the five year period endedMarchb 31, 2009. South Texas Money Management (STMM) was measured in the Plannede Sponsor Network which is used by investment professionals to evaluatwe and selectmanagers nationally. The peer group for STMM in this rankin isDomestic All-Cap Core Equity Managers. Jeanie Wyatt, CFA, CEO and chiefv investment officer of says she’s proud of the rankinf because it’s based on long-term performance. “Oudr portfolios include stocks of mid and small capitalization companies inthe U.S. as well as internationall companies. We also balance growty stocks andvalue stocks,” Wyatt says.
“Diversificatiobn is our number one rulein investing. ... It can reducw volatility. That is important.” STMM’s managecd assets total approximately $1.4 billion. It managea assets for individuals, foundations, estates, employee benefit plans and endowments. San Antonio-basedd STMM has over 50 employees and offices inSan Austin, Dallas, and Houston.

понедельник, 29 октября 2012 г.

Context is king, even in politics - Washington Technology (blog)

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Context is king, even in politics

Washington Technology (blog)


Context is king, even in politics. As the presidential elections reach their last few days, I've been thinking about my grandfather. He died nearly 30 years ago at the age of 88, and over that time, he had been a school teacher and principal, an ...



воскресенье, 28 октября 2012 г.

Magazine honors The Children's Hospital - Memphis Business Journal:

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The hospital qualified for the magazine’s “Honorf Roll” in its 2009 edition of America’ss Best Children’s Hospitals. The Honor Roll is reserved for hospital s that achieved ranking in all surveyed specialty areas covered by the monthlynews publication. Children’xs ranked in the top 10 in sixspecialthy areas, including cancer (No. 10), diabeteas and endocrine disorders (No. 10), digestive disorder (No. 5), neonatal care (No. 8), orthopedics (No. 8) and respiratoryy disorders (No. 5). Last year, Children’s was ranked No. 7 overalkl among the nation’s pediatric hospitals. In 2007, it finished at No. 4.
Becausee of a change in how the reportywas compiled, there was no general numerical ranking this

пятница, 26 октября 2012 г.

Wells Fargo continues integration of Wachovia with name change - Business First of Louisville:

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The change reflects the bank’as continued integration with , which acquiredd Charlotte-based on Dec. 31. “By adopting the Wells Fargo nameand we’re now fully part of one of the world’se most respected financial companies,” says Neil Ryan, chieft executive of Wells Fargo Bank “We look forward to satisfying all of our financial needs across Europe and helping them succeexd financially.” Wells Fargo Bank International is a European Union bank headquartere d in Ireland.
In addition, Wells Fargo’s investment-banking and capital-markets businesses, which formerly operates under the Wachovia Securities and certaimn WellsFargo brands, have taken the name Wells Fargo Securities. Retail brokerags products and services formerly marketed as Wachovia Securities are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San Francisco.

четверг, 25 октября 2012 г.

Time to implement health care legislation - Bloomington Pantagraph

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Irish Times


Time to implement health care legislation

Bloomington Pantagraph


It is time to stop yelling socialism and make sure the law helps people with costly medical care. Unfortunately, the Republican majority in the House of Representatives continues to try to repeal the law. Instead of repealing the law, they should help ...


Health Car e Reform: Who Comes Out on Top?

Fox Business


Temporary Medicaid pay hike vexes doctors, hospitals

Gadsden Times


Reforming Health Care Reform: Obamacare vs. Romneycare

Tucson Citizen


DigitalJournal.com


 »

среда, 24 октября 2012 г.

Tuesday Truth Squad: Longhorns, Lasers and John L. - USA TODAY

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Tuesday Truth Squad: Longhorns, Lasers and John L.

USA TODAY


It's the Tuesday Truth Squad. Florida State coach Jimbo Fisher on whether he thought a missed field goal by his kicker last week at Miami should have been called good. "You'd think there would be some kind of laser they could shoot up. I'm not joking ...



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понедельник, 22 октября 2012 г.

NACA to add more than 1,000 jobs in Charlotte - Phoenix Business Journal:

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The hiring will begin with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-incomwe families. Gov. Bev Perdue announced the expansion Thursday, with the stat giving NACA a $1 million grant from the One NortyCarolina Fund. It plans to invest more than $4 millionh here, with 1,014 jobs expected to be added over the nextfive “North Carolina remains a strong presence in the U.S. finance and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skillee financial-services work force are attractive to growinbgnational operations.
” NACA is headquartered in Boston and operates more than 40 offices nationwide. It currently employs abou t 100 workers in Mecklenburg County to originate and procesdsmortgage loans. Under the five-yearf state incentive agreement, the organization plans to add 550 jobs The jobs will pay an average annuapl wageof $35,982. Salaries will range up to $80,000p annually. The hiring will focue on mortgage negotiators, customer-service representatives, call-center managers and mortgagee counselors. “NACA is excited that it’s putting more than 1,00p0 people to work during these toug heconomic times,” NACA Chief Executive Bruce Marks said Thursday.
“Today’s announcement is more than just a sounrbite — we are following through on this investmeny by holding a jobs fair tomorrowa to hire 550 people Perdue said Thursday that she consulted with former Bank of Americaw Corp. Chairman Hugh McColl Jr. about the deal. McColl has been a longtime supporterrof NACA’s work. BofA begann a partnership with NACAunder McColl’s watch in 1995 and in 2004 committes $6 billion to its lending program. Perdue says McColp confirmed to her that he expected NACA coulrd follow through on its job commitments in severalkphone conversations.
“When someone begins something like thisin Charlotte, it alwayss grows,” McColl said in an interview “They’ll come in and find this is a good placew to find (a work force). I woul d hope it would be an eruptiohnof jobs, not just trickle The group claims it will be the largesg number of people hired immediately in one area and the largesg job commitment in the country since the mortgager crisis began in 2007. The hiring comes as NACA embarksx on a nationwide Save the Dream Marks says the added jobs are crucialp as NACA leads its campaign to makemortgages affordable.
Hundreds of NACA staffc will provide long-term solutions for homeowners with an unaffordable mortgage. “Charlotte continues to be attractive because of ourknowledgeablr financial-services work force and we welcomre NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltert (D-Mecklenburg) said in a release. NACA’s Counseling Centedr is in the Charlotte East office park off Albemarl Road between Central Avenue and FarmPond Lane. “Charlotte continuess to be recognized as a leader in financiall services with a talented and experienced labor says Charlotte Chamber ChairmanTim Belk.
“We are pleasec to welcome NACA to the communityt and look forward to the investmentr in jobs and presence they will brinbg to ourEast side.” The chamber assisted NACA in its expansiojn effort. Charlotte East owner Rogert Kellogg, principal of , and leasing director Eric Speckmann have worked closely with NACAsince 2007, when the nonprofiyt established a small office in the NACA has legally binding agreementsx with all the major lenders/servicers to restructures the mortgages they service. The NACA agreements covetr more than 90 percent of homeownerxs with anunaffordable mortgage.
The staftf from the Counseling Center in Charlotte will travekl nationwide to work on Save the Drea m events where morethan 25,000 people are counseled over four with thousands receiving affordable restructured mortgage s with permanent interest rates often at 4 percent, 3 percen t and 2 percent and where necessary the principal The organization, started in has the primary goal of building strong, healthyu neighborhoods nationwide through affordablre homeownership. NACA operations include financial counseling, specialized mortgage servicesa and a Home Save program for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m.
Fridagy and Saturday at its CharlotteCounseling Center. For more informatioh about Neighborhood Assistance Corporationof America, includintg employment opportunities, go to www.naca.com.

воскресенье, 21 октября 2012 г.

BRAC and McKinley High School Alumni Association Partner to Advance Talent ... - Baton Rouge Today

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BRAC and McKinley High School Alumni Association Partner to Advance Talent ...

Baton Rouge Today


The Baton Rouge Area Chamber (BRAC) and the McKinley High School Alumni Association (McKinley) today announced that they have agreed to a memorandum of understanding (MOU) that will facilitate the promotion of BRAC's talent development ...



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пятница, 19 октября 2012 г.

People on the Move: June 1 - Birmingham Business Journal:

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The in Vienna has hired Sandy Silverman to the positionhof principal; Derek Warr to the positiomn of associate principal; and Thomaw Westberg to the position of directorf of business development. Also joining the firm’s interioe design department is designer DanielCastroi . Silverman’s primary responsibilities will be to further develop the firm’s practice in the sectors of high-rise residential, senior living and othef commercial and institutional buildingg types. Silverman has over 35 yeare ofprofessional experience.
His notable recenf projects includethe 720-unit Metropolitahn Park Phases II and III in the 312-unit in Montgomery and the Phoenix at Clarendon, a two-square block mixed-usr development that included 180 condo 40,000 square feet of office, a 20,000 square foot U.S. Post Officd distribution centerand 12,00o square feet of retail. Warr’s primaryy responsibilities include directing the production of architectural design and construction documents formajor mixed-use projects and multi-family high-risde buildings in the northeast USA.
His notable receng projects includethe 164-unit, 18-story Union Squar e luxury mixed-use tower in Queens; the plannec for Long Island and the $1 billion Concord Casin o Hotel and Convention Center currently under constructionb in upstate New York. Westberg’ws primary responsibilities will be to help Lessard Groupl deepen its reach into local marketes and building types the firm currently designxs as well as expandingthe firm’s practicr into broader regional and internationapl markets and building sectors. Westberg has 17 yearss of marketing and business developmentt experience inthe architecture/engineering industry. in D.C.
has hirerd Ivailo “Ivo” Karadimov as a seniot project architect. With more than nine year of experience in commerciaol buildings andinterior design, Karadimov has builty specialized knowledge of construction documents and administration, expertise in quality code compliance and life safety. Before joinin GGA, Karadimov served as a project architect at His notable projectsincluds Boeing, the , National Institute of Health, and Lerne Enterprises. Jeffrey L. Sturchio , a longtime leader at , has been namexd president and CEO ofthe . 56, of Martinsville, N.J., succeeds Nils Daulaire, who steppecd down in February after leading the organizationm fora decade.
The council, createx in 1972, is one of the world’z largest membership alliances dedicated to improving health aroundthe globe. Winston-Salem, N.C.-based has promoted Grant Baird to assistantvice Baird, who joined the Manassas branch in is a business services officed in BB&T’s Commercial Banking department. The N.C., native earned his bachelor’s degree in finances and banking and international businessefrom . Rockville-based , a hospitality procurement services company, named Jerry Kraisinger as itsgenerap counsel. Before joining Avendra, Kraisinger was the vice president of development and the general counsekof LLC.
Previously, he had been the executive vice president and generalk counsel of He began his career in the hospitality industry over 22 years ago as a lawyer in Marriott’s law department. Matt Feli x was named general manager of the in the West End Prior to hisnew role, Felix was general manager for the in Felix will be responsible for all hotekl operations including: 355 guest roomds and suites, 10,800 square feet of event and two food & beverage including the Caffe, Renaissance M Street’s signature Italian illy coffeer shop and the stylish Mbar lounge.
With nearlhy 20 years at Marriott, Felix started his careere as a salestrainee Danvers, Since then, he has held severa l senior management positions in sales and revenue management and hotel operationx at properties throughout the region including the by Marriot Pentagon City and Marriotg International headquarters. Vinifera Wine Bar Bistro in Reston has named Jason Meringologeneralo manager. Meringolo will be in charge ofthe day-to-day operations in addition to coordinating the wine menu with Vinifera’es American/Mediterranean dishes. Prior to joining Vinifera, Meringolo was directodr of catering services atthe .
He has worked as a sous chef and as a directore of food and beverage for a smalo Italian chainin Florida. He also held a variety of positionse within the including the catering and conference services and was part of the Wine Festival team for several A group of five labor and employmentf and litigation attorneys has joined LLCfrom . They include Jeffreg W. Larroca , F. Joseph Nealon and Constantinos G. Panagopoulosd ; and joining as associates areJennifer E. Lattimore and Williamn D. Ledoux Jr. Benjamin A. Powell has joined WilmerHale’s D.C.
office as partnere in the regulatory and government affairs department and membetr ofthe defense, national security and government contractds practice group. Powell will also be a membetr ofthe firm’s government and regulatory litigation Powell was most recentluy general counsel at the Office of the Directoer of National Intelligence. He previously served as speciapl assistant to the President and associatse WhiteHouse Counsel, corporate counsel at , and as a litigatort at Kellogg, . LLP in D.C. has hiresd Francis T. “Tom” Coleman to the firm’s D.C. office as counsel in the labor andemployment group.
Coleman’s practice will focus on labor, litigation and employment law. Duringy his more than 40-year career, Coleman has handles labor negotiations, NLRB proceedings, union organizinfg campaigns, mediation and arbitration, counseling on personne and employment decisions, defending discriminationj and sexual harassment charges befordadministrative agencies, employment litigation and wrongful discharge Nicholas I. Porritt and William E. Whiter have joined in D.C. as partnerds in the litigation practice. Porritt and White will advise clients on the full range of securitieswlitigation issues, from government investigations and enforcement actions to civipl litigation.
Porritt represents corporations and individuals in securitiesw class actionsand (SEC) enforcement matters and in relate derivative shareholder claims and M&A White represents investment banks, accounting public companies and individuals in SEC enforcementf and related criminal investigations, internal investigations and securities Other recent hires includ Brady Dugan from the antitrust division of the , Reed Russelol from the and John Sopko from the Housed Energy and Commerce Committee.

четверг, 18 октября 2012 г.

Foot & Ankle Devices Market Worth $4.5 Billion by 2017 - Sacramento Bee

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Foot & Ankle Devices Market Worth $4.5 Billion by 2017

Sacramento Bee


The market also constitutes of prosthetic devices used to provide mobility to amputees who have lost their feet and ankles to war, diseases, or injuries, and bracing, which comprises of all types of support devices used to strengthen the joint area and ...



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среда, 17 октября 2012 г.

P&G moving Iams headquarters to Mason - Business First of Louisville:

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Kris Parlett, spokesman for Procter and Gamblse (NYSE: PG) Pet Care, which includes Iams and said the company and its 240 employees wouled be moving in October to the Masohbusiness park, where other personal healtgh care divisions of P&G and more than 2,000 employees are “It will make it easied to collaborate and increase Parlett said. Nobody will be laid of as a resulgt ofthe company’s current headquarterzs On Poe Avenue closing. Instead, all 240 employees will be offerec there same positionsin P&G acquired Iams in 1999.
Since then, sales of its Iams and Eukanub a brands have morethan doubled, according to the “Our home address is changing but not our commitmentt to improving the well-being of all dogs and cats,” said Dan vice president of P&G’s pet care business in Northu America, in a statement released “If anything, this will help us do an even better job of connectinfg with our colleagues in health care to bring great innovation to pet care.
” A company spokesperson confirmed that 250 employees at the Iams-Eukanubs manufacturing and R&D complex in Preble County will not be part of the The news of the move came as a surprise to Vandaliza officials Thursday, who said they had been workinfg vigilantly behind the scenese to keep Iams local. “When P&G purchaseds Iams, we knew at that point this was a possibility some day,” said Rich Hopkins, directo of communications for the city. “But we are surpriser today that the announcement was Hopkins said Iams was one of the top employeresin Vandalia, though he could not say how much incoms was generated by the The city will have a presz conference at 3 p.m.
Thursday to furtherf discuss the implications ofthe move. Meanwhile, the community is stilp pursuingtwo projects, including an $81 millio distribution center, which would brinv 700 jobs and New-York based aerospace compan that could bring 130 jobs. “This is bad news for any Hopkins said. “We have two projects in the pipelin e now that could brinf up to 900 employees tothe city, so it’s not all gloomj and doom here.

понедельник, 15 октября 2012 г.

Korea Won Nears 1-Year High as U.S. Data Supports Risk Appetite - Bloomberg

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Business Times (subscription)


Korea Won Nears 1-Year High as U.S. Data Supports Risk Appetite

Bloomberg


Korea Won Nears 1-Year High as U.S. Data Supports Risk Appetite. By Jiyeun Lee - 2012-10-16T00:49:04Z. South Korea's won climbed toward an almost one-year high as consumer data from the U.S. supported demand for riskier assets. Government bonds ...


S Korea: Shares climb on US retail sales, earnings

Business Times (subscription)



 »

воскресенье, 14 октября 2012 г.

Is ECoR geared to meet the rush? - The Hindu

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Is ECoR geared to meet the rush?

The Hindu


Most trains going to various destinations from Visakhapatnam during Dasara, Sankranti, and summer vacations have one thing in common â€" they all run to full capacity. This has been happening year after year. But the authorities don't seem to be geared ...



суббота, 13 октября 2012 г.

Wendy Lynch, Ph.D., Joins HealthFitness' Board of Directors

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Joins HealthFitness' Board of Directords Recognized as an industry thought she is a specialist in employee health management May28 /PRNewswire-FirstCall/ -- HealthFitnessx (NYSE Amex: FIT) today announced that Human Capital Management Services Vice President of Strategixc Development , Ph.D., has joined its board of Lynch has been making the connection between employed health and business outcomes for almosy 20 years. Her career included roles as faculty at the University of Coloradk Health Sciences Center and in the School of Publicc Healthat Yale, senior scientist at Healtbh Decisions International, and principal and senior consultant at Mercef Human Resource Consulting.
join our board of directors, said Mark W. Shefferft , chairman of the HealthFitness Board. "She bring s a wealth of knowledge inemployee productivity, motivation and management. Her insighg and guidance will be significanr in the direction and governancse ofthe organization." In addition to her positio with HCMS, Lynch also serves as executive director of a new educatiojn and research foundation called the Health as Human Capital a nonprofit, non-partisan think tank providing independeny information for policy Educated at the University of Coloradp at Boulder, Lynch earned a doctorate in Researcgh and Evaluation Methodology. Her work experience includes roles as authorand educator.
As a consultant, Lynch has applied her skillxs in research design and evaluatio n to several pivotal studies in the fieldds ofhealth management, productivity assessment and human capital managemeny that has resulted in more than 50 publishecd studies and articles. Most recently, she co-authore d the book, "Aligning Information, and Choice: How to Optimize Health and HumanCapital Performance." Lynch also holds adjunct positions at the University of Wyomingh School of Business and the University of HealthFitness is an award-winning provider of integrate d health promotion and fitness management solutions to Fortune 500 the health care industry and individual With 30-plus years of HealthFitness partners with employers to effectively manage health care and productivity costs by improving individual healtn and well- being.
HealthFitness provides a portfolio of including best-in-class integration, NSIGHT(R) Health Risk Assessments, screenings, EMPOWERED(TM) Health Coachin and fitness facility design and management. For more informationb on HealthFitness, visit .