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 ... |
воскресенье, 30 декабря 2012 г.
2013 in mobile - Forbes
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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.
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
tatyanagepoji.blogspot.com
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 ... |
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 |
вторник, 25 декабря 2012 г.
5 Questions With John Ellett: Lessons Learned From Writing 'The CMO Manifesto' - Forbes
firukendu-anchored.blogspot.com
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 ... |
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 ... |
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
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.”
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.
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.
“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:
olimstgon.blogspot.com
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.
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.
”
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.
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.
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.
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.
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.
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 ... < nobr>and more » |
понедельник, 3 декабря 2012 г.
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
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
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