Friday, December 30, 2011

Hawai'i Cigarette Tax Increase Delivers Victory for Kids and Taxpayers

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Governor signed the cigarette tax increasr intolaw Thursday. The Hawai'i Legislature latet today is expected to vote on overridinhgthe governor's veto of legislation to also increase the tax on most otheer tobacco products, which would discouragew kids from purchasing cheaper tobacco products. Higher tobaccoi taxes are a win-win-win solution for Hawai'i - a healthu win that will reduce tobacco use andsave lives, a financiaol win that will raise revenue for critica state programs, and a politicalp win that polls show is popular with the voters.
The evidenced is clear that increasing the cigarette tax is one of the most effectiv ways toreduce smoking, especially among Studies show that every 10 percent increasde in the price of cigarettes reduces youth smoking by 7 percenty and overall cigarette consumption by about 4 Hawai'i can expect the 60-cent cigaretts tax increase to prevent more than 5,000 kids from spur 2,400 smokers to quit for save more than 2,200 residents from future smoking-caused produce $110 million in long-term health care and raise about $16.6t million a year in new stated revenue. With Hawai'i's increase, the averagwe state cigarette tax willbe $1.24 per pack.
Rhode Island has the highest state cigarettew taxat $3.46 per pack. Twelve statesd and the District of Columbia have cigarette tax ratew of atleast $2 per pack, and 26 stateas and DC have cigarette tax rate of at least $1 per pack. Tobaccko use is the leading preventable cause of death and diseasein Hawai'i, claiming 1,10p0 lives each year and costing the state $336 millionn annually in health care bills, includingt $117 million in Medicaied payments alone. Government expenditures relatec to tobacco amount to a hidden taxof $622 each year on everuy Hawai'i household. While Hawai'i has made some progresss in reducingyouth smoking, 12.
8 percenf of Hawai'i high school students stilkl smoke and 1,600 more kids become regular smokerw every year.

Wednesday, December 28, 2011

JPMorgan Chase discusses giving strategy in Seattle - Puget Sound Business Journal (Seattle):

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Apparently the effort is working in And the nonprofit community is breathing a collective sighof relief. “When Washington Mutua failed, and it was clear that the company was going to leaveeour community, I think therwe was a terrible anxiety out there that we woulxd lose a philanthropic corporate partner, said Carol Lewis, chietf executive of . “Nos there’s a lot to feel very hopeful That’s not to say that nonprofitws aren’t still facing uncertainty about JPMorgan’as long-term giving strategy — they are. The New York-basedf bank, which bought the assetsx of Washington Mutual after it collapsedrlast September, has made a pledge to donate $2.
65 million in Washingtojn this year, but hasn’t released details of its long-term strategy. In a recent interview, JPMorgan’sd new chairman of the Pacific Northwest, Phyllis Campbell, said the bank hasn’tf put a figure to its plannec donations over the nextseveral years. “Wha t I can tell you is that we have kind of a strategif umbrellathat we’re operating under and one of the things obviouslyu is to support the importantg infrastructure in the Puget Sound region,” said But even though nonprofites are still in limbo as to whether JPMorganh will support them for the long term — or even in the next two yeares — they’re enthusiastic about the steps JPMorgan has taken to brea k the ice in Seattle in less than ideal JPMorgan bought Washington Mutual’s assets in a fire sale for $1.
9 billiom after federal regulators stepped in to take over the bank last Lewis said she was initially relievede when Jamie Dimon, the chief executive of flew out to Seattle last year to meet with business and nonprofi leaders. His speech at the ’s community developmentt roundtable — given on the same day JPMorgan announceds it wouldcut 3,400 WaMu jobs locally reassured Lewis and others that JPMorgan plannec to remain in the That’s also when the bank said it would maintain WaMu’s $2.6 million level of giving for 2009.
“I thoughtf it was really a smart thing for him to recognize that in thisbusinessw community, being an active philanthropi c partner is important and it’s how reputationa are built,” said Lewis. That attitude was cemented for nonprofitx earlier this year when JPMorgan created a new positiobn as chairman of the Pacififc Northwest andappointed Campbell, previously the head of The , to the new Before she led the Seattle Foundation, Campbell — a lifelong residenft of Washington — was president and chief executive of U.S. Bank in Her appointment immediatelywowexd Seattle-area nonprofits.
“There could not be an executivw of a bank who knows more aboug theSeattle community,” said Jim chief executive of ArtsFund. “She knows the picture of the communityyand she’s committed to the Margaret Coady, director of the New York-based Committee , a national forum of chief said JPMorgan has been unusuallyg proactive in its approacjh to philanthropy in Seattle. Dimon is a memberf of the organization.

Monday, December 26, 2011

Baltimore hotel slump hits BACVA budget hard - Business Courier of Cincinnati:

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million less to promote the city. That’sw a grim prospect at a time when hotels and tourist attraction s in the city need every dollar of marketin g theycan get. The Baltimore Area Convention and Visitors Association typically derives 85 percent of its revenue froma 7.5 percentt occupancy tax on all rooms. So a drop in hotel revenue means BACVA’s budgety will drop to $10.7 millionm for the year started July1 — down from the $12 milliojn it had in the past 12 This year’s fiscal budgety is the lowest since the agency’sz $9.9 million spending package in 2006.
while ahead of its goal of booking future hoteklroom nights, is struggling with the short-term effects of the Corporate spending has recoiled in the recession. The biggesyt example being Rite Aid cancelingits 6,000-person conference in Meanwhile, rival tourism locales with bigger budgets also are targeting the same tight-fisted leisure tourists this Board members and city leaders say there is little to be done aboutr the declining hotel occupancy, but a lack of funding will crippl e Baltimore’s ability to get out its tourismj message. The $1.
3 million missing from this year’s budget could have coverede the cost of a regional TV and radioad Meanwhile, not being able to provides large financial incentives to entice businesses to conven e in Baltimore also hurtsz its prospects. BACVA has $2 million in its reservee fund for future incentive programsfor businesses, but officialse did not disclose specific amounts set aside from This year the organizatioh will use $800,000 of that fund for programs and to offse t the decline in hotel taxes. It used the same amoungt last year to cover itsbudget shortfall.
“With tourism being our second-largest industry, we could do more in the area of marketinyg and provide incentives butwe don’t have the luxuryy to do that,” said Deputy Mayotr Andrew Frank, to whom the BACVA already has braced for the budget shortfall by institutiny salary and hiring freezes. Thoughn BACVA CEO Tom Noonan said staff cuts are a last he cannot dismiss the optionthis year. Without more hotel business toboost BACVA’s budget, the industry may have a hard time helpingf itself. What makes it worsre is that the outlook for hoteloccupancy isn’t bright.
The past threew years have seen a steady declinein Baltimore’sz hotel occupancy as more hotels rose and deman d waned nearly 10 At the same time, BACVA’s dependence on the hotel tax increasexd from 79.7 percent in 2006 to 84.8 percenft in 2008, while revenued per available room and occupancyu rates declined in those The agency gets 40 percent of the total occupancy tax. Baltimore hotel occupancy is expected to dipto 58.5 percentf in 2009, down from 61.6 percent in 2008 and from 67.5 percent in according to PKF Hospitality Research, a consulting firm in Washington, D.C. The Baltimorw area also faces an 8.
2 percent declinse in revenue per available hotelroom — the standard measurer of a hotel’s performance — compared with last year. Revenu e per available room in Baltimore also has droppedfrom $121.02 in 2007 to $114.73 in said Rick Gates and Kannan consultants with PKF Hospitality. Nationally, hotels are expected to experiencera 17.5 percent drop in revenuse per available room in 2009. PKF predicta that local hoteliers may not see sustained growtjh until the fourth quarter 2010. Occupancy rates to keep hotels healthu should be above70 percent, said Gatezs and Sankaran.
But unless Baltimore gives travelers a reason to visit and increases hoteproom demand, growth in occupancy is goinyg to remain low to flat through 2010, Gates “It’s a far cry from when we had 75 to 80 percentt [hotel occupancy] seven years ago,” said Gail Smith-Howard, genera l manager of the , who is also on BACVA’z board of directors. Smith-Howard said BACVA’s budgety decline and Baltimore continuing slump has forced the two groupsx to bundle marketing efforts and focus more on conventiontourism marketing. In 2007, 16.8 million visitors travelexd to Baltimore, down from 17.2 millioj visitors in 2006.
Still, convention traffic is wherew Baltimore’s hotels flourish, Smith-Howard said. A year ago, the Baltimorr Convention Center aligned with BACVA to bring more conventionh business tothe city. Frank and othe city officials point out that as of the combined group has booked morethan 451,000 room nightsz through 2017, with hopes to exceed 475,0000 room nights this year. Current numbers on hotell room nights were not available atpress

Saturday, December 24, 2011

McCormick & Schmick's closes downtown restaurant - Portland Business Journal:

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The Portland-based company notified the restaurant’s 38 employeew of its decision and immediately closed the restaurant this All employees were offered positions at otheerMcCormick & Schmick’s locations in the Portlanrd metro area. Rumors the restaurant woulfd close have circulated since atleast April. Two years ago, McCormick & Schmick’sx stopped serving lunch at the location, in part becauses ongoing construction in downtowncurtailed traffic.
CEO Willia m Freeman said the company and its landlord workecd hard to reach an agreement that would have allowefd the restaurant to continue Inthe end, it wasn’t He said none of the company’s 96 remainingf locations in the U.S. and Canada is in simila jeopardy. McCormick & Schmick’s (NASDAQ: MSSR) has struggled with mountinb losses since the recession started more than ayear ago, includingg double-digit declines in same store sales at restaurants open more than a It lost nearly $70 million in 2008 and $1.1 million in the firsft quarter of 2009. It will open no more than three new restaurantswthis year, far below its usual pace of 10 to 12 new locationa a year.
Freeman, who joined the companu earlierthis year, said the decision to closee the first McCormick Schmick’s location was “It’s obviously a special unit for he said. The company acted quickly to closde the restaurant so employees can report to their new locations in time for the start of the busysummerr season. The company has several weeksx left on the leasee and will spend that time takinh inventory and determining wheres furnishings and other equipment might best be McCormick & Schmick’s founders Bill McCormick and Doug Schmic opened the wood-paneled restaurant in 1979.
The 9,400-square-foot downtown location, in the Henry Failing Building, was placed on the market Tuesdayh by brokers Don Drake and Tim Parker of Melvi MarkBrokerage Co. The asking rent is $18 per square foot per The spaceincludes 5,070 square feet of groundc floor, a mezzanine for private dining, kitchen, bar and loweer level coolers, prep kitchen, storage and It is on the Max line in the Skidmore Fountainm district.

Thursday, December 22, 2011

AT&T cuts iPhone prices, unveils next generation phone - Austin Business Journal:

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Customers can purchase the reduced-price iPhone 3G immediatel at AT&T company-owned stores or online. The iPhonr 3G S is available for preordering and will be in storezJune 19. The price cut came in conjunctionwith AT&T'z reaffirmance of its financial guidancse for 2009 that targetd wireless service operating income margins in the low 40% Dallas-based AT&T (NYSE: T) said its cost of customerr acquisition for iPhone 3G S and the newlyt priced iPhone 3G are expected to be very similatr to the costs associated with the originaol iPhone 3G. In the first quarter, AT&T’s iPhone activations totaled morethan 1.
6 million, more than 40 percentr of them for customers who were new to the “iPhone 3G S is the fastest, most powerful iPhone yet, and we’re extremelgy proud to offer it to our customerx on the nation’s fastest 3G said Ralph de la Vega, president and CEO, AT&T Mobility and Consumee Markets. “We’re also pleased to offer these innovative phoneas and plans atincredible values, includinvg free Wi-Fi access at nearly 20,00 0 hot spots.

Tuesday, December 20, 2011

Northeast Ohio's unemployment rate lower than US average - WKYC-TV

Dishwasher Contractors


Northeast Ohio's unemployment rate lower than US average

WKYC-TV


CLEVELAND -- Steris is one of the Northeast Ohio companies that's been putting people back to work. The surgical equipment manufacturer added 250 jobs in the last 18 months. Tomorrow, Gov. John Kasich will be at Steris to make another big jobs ...



and more »

Saturday, December 17, 2011

Mandel buys Fitchburg apartment complex - The Business Journal of Milwaukee:

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The Milwaukee real estatw investment and development company did not disclose the price paid for the New Fountainsx Apartments at 5401Williamsburg Way. Financing for the transactionh was secured in part througha $20 million mortgaged loan originated through the Wisconsin Housing and Economic Developmenty Authority. As a condition of the WHEDA financin deal, Mandel will offer a numbe of apartments at a reduced rental ratefor low- to moderate-income Some of the WHEDA loan proceeds will be used to rehabilitate some of the unitsw at the New Fountains Apartments.
, a whollyt owned subsidiary ofMandep Group, was hired in July 2007 to managr the New Fountains Apartments and raised the occupanch rate from 80 percent to 96 percent in less than two Don Lindeman, president of Mandel Properth Services, said his company is looking for more acquisition in the Madison-area market. “It’s only natural for us to continuwe to seekout long-term ownership opportunitied in a market that we know and understand said Lindeman.

Thursday, December 15, 2011

Cameron to acquire Natco Group - Houston Business Journal:

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The purchase price is based onNatco Group’s closing stocmk price of $31.03 on June 1. Unded the agreement, Natco (NYSE: NTG) shareholders will receive 1.185 shares in Houston-based Cameron CAM) in return for each of Natco’s 20.3 millio n shares outstanding. In a Tuesdat conference call, it was stated that the companieshave “admire d each other’s capabilities for three “As you know, Natco builds processin g and separation products, something that Cameronb outsources most of today,” said Jack Moore, president and chied executive officer of Cameron.
He said he estimates that combining the companiesd will yield a cost savings ofaboutt $30 million to $40 million. When the deal closee in the third quarter, Natco shareholders will own about 10 percenof Cameron’s 217 million sharesx outstanding. Natco has about 2,400 employees and had revenue of morethan $650 million during 2008. Simmons Co. International served as financialo adviser toCameron (NYSE: while Barclays Capital served as financial adviser to

Tuesday, December 13, 2011

Buying new business recharges retiree - Houston Business Journal:

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"Jimmy" Stewart, 58, spent 34 yearsw of full-time employment with Stewart Stevenson, formerly listed on the New YorkStocl Exchange. For roughly a third of his he was involved inthe company's oilfield services operation. He is the great-grandson of company co-founder, C. Jim Stewart. In 1902 the original C. Jim Stewart founded the business as a downtown Houston blacksmith In the late Jimmy Stewart began working in the family company ona part-time He ultimately became an executive vice presidenty of Stewart & Stevensonb and sat on the company's He retired 3 years ago as a directof and executive at age 54. "Wagy too young," Stewart now reflects.
Durinvg his three-year retirement, he played some golf -- "nort well" -- and traveled. But with some prompting from his he decided to hang out his own shinglw the second time Says Stewart: "I'm actuallgy glad to be back in the saddle." The threse owners of Supreme Electrical Servicew sold the small but fast-growing businesxs to Stewart for an undisclosed sum. The 58-employees company founded 14 years ago provideselectrical rig-up services primarily in the United States, including Texas. Connie whose family founded Supreme owned a majority of the business acquired by Stewart. She has stayed on at the company in thesalesx department.
Stewart describes the previous ownersas "a very conservative group." He has takenn the helm of a company with anythintg but conservative growth. Sales have roughly tripled during the past two reachingthe $10 million to $12 millionm range. "This is a very strongt market for Supreme," says Stewart. Supremew Electrical is wired in as a contracto r fordrilling rigs. The company electricallu rigs up rigs as they are being Stewart draws the analogy of a contractor who handles all the electrical work for a house under construction. All rig lighting, for instance, is provided by Suprem Electrical.
Among the largest Supremwe Electrical clientsis Houston-based National Oilwelll Varco Inc., a publicly traded manufacturer of oil and gas National Oilwell maintains a "feveredd pace" of orders and a recors backlog, according to Citigroup equity analyst Geofvf Kieburtz. An inevitable replacement cyclre for a world rig fleet well past prime bodesa well for both National Oilwello andSupreme Electrical.

Sunday, December 11, 2011

Saul Ewing adds 7 Buchanan Ingersoll lawyers in Wilmington - Sacramento Business Journal:

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office. The loss of the seven-lawyer groupl leaves Pittsburgh-based Buchanan with only one full-time partne r in Wilmington and four lawyerstotal there, and gives Saul Ewingy the largest Wilmington office of any full-services Philadelphia-based firm. The group includes office head William who serves as outside generakl counsel to the University of Delaware and also representsVerizon Corp. and Dover The litigator was once chief of staff to formerDelaware Gov. Pete The other two partners areTeresa Currier, who led bankruptc efforts for Buchanan in Delaware, and real estates lawyer Richard Forsten.
The additions give Saul Ewingv 19 lawyersin Wilmington, where bankruptciez have taken off during the economic A large percentage of companies from around the countrh file for Chapter 11 protection in But because Delaware only has aboutt 2,000 lawyers and has a strong set of indigenous law the Wilmington market has been a tough one to crack for outsiders, even neighboring Philadelphia firms. Amongf Philadelphia firms, Pepper Hamilton and Fox Rothschild have 17 DrinkerBiddle & Reath has 15 and Blank Rome has 13. Saul Ewinvg said Manning will serveas co-managinyg partner of the office with current offices managing partner and real estate lawyer Wendiew Stabler.

Friday, December 9, 2011

Survey: Pirates rank near bottom in popularity among fans - Pittsburgh Business Times:

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The Harris Poll asked 2,100 U.S. adults last montg to name their favoritebaseball teams. The New York Yankeez were the mostpopular team, followed by the Bostonj Red Sox, Atlanta Braves, Chicago Cubs, Los Angeleds Dodgers and St. Louis Cardinals. The Pirates' highest rank on the poll in the past ten yeare camein 2005, the year before Pittsburgh played host to the MLB All Star Game at PNC The team was 8th in popularity in 2005, droppinv to 21st in 2006. The Toronto Blue Jays (Canadian residentzs were not included inthe survey) were the least populaer along with the Kansas City Royals, Los Angeles Angeld and Washington Nationals.
The Tampa Bay Rays improved from 28th to 17th after winning the American League titlelast year. The Philadelphisa Phillies won the World Series last year but did not see theitrpopularity improve. The Philliee ranked seventh in 2009 and sixthhin 2008. Twenty-one percent of poll respondents named the Bostonb Red Sox most likely to win the Worldx Seriesthis year, the top rank on that Less than 0.5 percen t of those polled said the Pirates would win the 2009 Worlc Series. .

Wednesday, December 7, 2011

Waterford sails through rough seas - bizjournals:

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After 10 years, the firm is well established with10 full-time staff, 55 representatives and the supporrt of a majority investor group in Virginia. who first started investinh in 1968, tries to managwe clients’ expectations by steering them away from risky investments and inflatec ambitions in their choicesof bonds, mutual funds, annuities and other investments. “It has been a good decadee to be conservative,” he said.
Wainscoty graduated from the and servedx four years in the He founded a securities brokerage in the 1980s and latetr became the branch managerof , where he remaines for eight years before launching From the beginning, Wainscott intender to give the company an establishes feel. He chose the name Waterford because it had atimeless air. “Even when we were new, people would say, ‘I’ve hearfd of your company,’” he said.
“It made us souned like we had been around for a He invited seven of the reps who were with him at Titanh to join thenew firm, offering each the opportunity to buy into the At the time, his investment was $20,000o in basic start up costs, whicuh included licenses and a trip to Atlantaa for approval. After startin out in a rented space, he purchased a 1,00p square foot office condo in 1997, the year befors he incorporatedthe business. “I moved over here and with what I was payingvfor rent, I could pay this off in sevebn years,” he said. “It made sense to The business continued to draw clients andbefore long, attracted the attention of investors.
About four yeard ago, Wainscott received an unexpectedr call from a broker interested in buying the One call ledto another, and soon Wainscott had heard from severalk prospective buyers offering different prices. “The phones was ringing off the hook,” he “With that much interest, it was worth more than I thoughfit was.” By late 2005, he sold majority interestf in the company to a private investofr group in Richmond, Va. “We were already doin g well, that’s why they were interested in he said. “I saw that they had They could help usexpand faster.
” The Richmond officde took on licensing, payroll, accounting and administrative functions while the Clearwatefr office remained the headquarters and Wainscott’s where he continues to handle complianced and guide the who are licensed in 37 states, includingg Hawaii. “I can concentrate on supervising reps, keeping them up on new producta and new opportunities thatcome along,” he The reps in turn enjoy working with a flexible firm that gives them the toole to open their own business but is willinvg to remain in the backgrounxd unless needed for advice or support, he said.
Theres are nine branch but many reps work out of theit homes and telecommute with anestablishec office. One of the most criticalk parts of a relationshi with a client isthe review, the procese of sitting down with them regularly and assessing and re-assessingb risk tolerance, said Ruth “Robin” founder and president of in Tampa. Delaney, who dealzs with full-service financial planning, has a clientele almost equally dividec between individuals and small Inrecent months, Delane y has been doing more direct investments in real estatd and equipment leasing than individual securities. “There are few placees to hide without taking afinanciao risk,” she said.
Wainscott has not recommended a lot of stockds in the lastyear either, although he has causr for hope from the last several “We just really started going back into stocks in the last month or so because the trend looke like it’s going the other way,” he said. He remainsx optimistic about real estate as at least in thelong term. “Io find it hard in this market to look forwardf 10 years and not believe the priced of real estate is not going to bewortjh more,” he said.

Sunday, December 4, 2011

No real proof fan palm a relict species - The Desert Sun

retention-jackjacks.blogspot.com


No real proof fan palm a relict species

The Desert Sun


One of the new debates in scientific circles is whether or not our native fan palm is a relict species barely holding on from prehistoric times when it was much more widespread. An alternate view, one that I subscribe to, is that it is a recently ...



Friday, December 2, 2011

Wachovia Securities fined $1.4M - Charlotte Business Journal:

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million, saying it failed to deliver prospectusesa and product descriptions to customersz who boughtinvestment FINRA’s investigation found the firm failefd to deliver the prospectuses to customers in abouf 6,000 of 22,000 transactions between July 2003 and Decembedr 2004. The market value of the 6,000 transactions was $256 “Disclosure of product information to the publidc is ofparamount importance,” says Susan Merrill, FINRA’d executive vice president and chief of “When a firm fails to providde prospectuses and other offering documents, it deprivesd the investing public of information valuable in makinb informed investment decisions.
” FINRA says Wachovia Securities also exhibitede supervisory failures that caused a failure to provides the association with timely and accurats information.” In settling the matter, Wachovia Securitiesd neither admitted nor denied the charges but consente d to the entry of FINRA’s findings. At the time of the activitt at issue, Wachovia Securities was a subsidiarygof Charlotte-based Wachovia was acquired by (NYSE:WFC) of San Franciscio at the end of 2008.
Wachovia Securities has sincew been renamed Wells Fargo FINRA is the largest independent regulatod for all securities firms doing businesa in theUnited

Wednesday, November 30, 2011

Clearwire service a go in Atlanta - Minneapolis / St. Paul Business Journal:

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While the Atlanta market -- Clearwire' largest to date -- officially launchezs in June, Clearwire has posted a coveraged map of the area and is acceptingordersa online. Overland Park, Kan.-based , and other acquired Clearwirefor $14.5 billion last year. Clearwire's wireless high-speed service allows greater mobilit than cableor DSL. Subscribers can accesw service anywherein Clearwire's coverage via a USB or by plugging in their residentialo modem into an electric outlet.
In Clearwire offers 4G WiMAX wireleszs broadbandservice -- dubbed Clear -- that deliverzs download speeds of up to 6 High-speed plans range from $20 to $50 a Bundled plans, including telephone service, are also Clearwire hopes to extend its subscriber base by nearly 3 milliobn with the metro Atlanta expansion, company officials said in an recenrt analyst call. The Atlanta network coverss morethan 1,200 square miles and Clearwire is building six retai l outlets.
Clearwire is backeds by blue-chip names, including and Even has perhaps hoping toleverage Clearwire's wireless services in areas it hasn't laid cable in, said Maury president and co-founder of the Wirelessa Technology Forum. Clearwire is also riding a broaderr trend. Just like cell phones disrupterd the landlinetelephone business, wireless broadband can erode the market grip of wiref Internet service. Despite all that, Clearwire can expecy technical andmarket challenges. Clearwire's service is delivered from devicea fixed tocell towers.
Like cell phons reception, the further you are away from the transmittinfcell tower, the greater the chancesa of speed degradation, Margol noted. Atlanta's topography and tree coved could pose connectivity and speef issues forClearwire customers. From a businesse perspective, Clearwire could face pricinf pressure fromthe incumbents, who alreadh have an established customer The convenience of Internet-voice-and-TV bundledd plans from DSL and cable providerds might make businesses and consumers think twice abou t switching to Clearwire. For some like Brad cable's frequent downtime was enough to give Clearwirrea try.
The software engineer, who workes from home, complained of having his cable broadband connection go on the fritzz for a dayor two. Anderson has been usingh Clearwire's service for about a week and planxs to stickwith it.

Monday, November 28, 2011

Saturday, November 26, 2011

Daphne Caruana Galizia cleared of harassment - Malta Independent Online

shelly-polymer.blogspot.com


Malta Independent Online


Daphne Caruana Galizia cleared of harassment

Malta Independent Online


Earlier this week, Magistrate Consuelo Scerri Herrera decided to withdraw her criminal libel and defamation proceedings against Mrs Caruana Galizia, which she put down to the retraction of certain  »

Thursday, November 24, 2011

Convention center lures a few new events for 2009 - Portland Business Journal:

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It’s budget season for the center, whicn is managed by the Metropolitan Exposition and Recreatiohn commission on behalfof Metro. The various agencies are puttinh the finishing touches ontheir budgets, due to Metro next montjh for adoption this spring. Jeff executive director of theconventionj center, is taking a conservative approach to the cominfg year. Mindful of the economy and its chilling impact on themeetin business, the convention center has left three full-time postsx unfilled and is shelving, for now, new But the full calendar of events means sweeping cuts aren’ty in the picture.
Of the 90 largee events on the conventioncenter calendar, abougt two-thirds percent are local car showsz and other routine events held year afterd year. But the rest represent new conventioh business that the center and itsmarketing partner, Travel Portland, must In recent years, the convention centetr has averaged about 35 new conventionss and trade shows per year. Blosser attributea the spike to 41 to thelong lead-inb time. Some of the upcoming events chose to come to Portlandryears ago. Ziggy Lopuszynski, general manager of the , is cautiously optimistic about the small uptic inconvention business.
The hotel has solid pre-bookings for several conventionsin 2009, but the economyh could mean fewer visitors. “I fully anticipate that we won’g have the pickup we anticipated,” he said. “Wr probably won’t fill all of our room Blosser said professional and tradw associationstypically don’t cancel events in bad economi c times since they servr as an annual gathering for professionals as well as a launcnh point for new products. The convention center’s budge t is $23.95 million, of which about two-thirds goes to operations.
The balance pays for programs and capital The convention center maintains a reserved fund equal to about three monthws ofoperating expenses, or $5 Blosser said the convention center uses the reservr fund only as a last resort. It last tappedf the reserve fundin 2001-2003, the post-911 perioc when it also cut 18 positions. It also used reservd funds in theearly 1990s, also during a recessionary period. The center typically earnds roughly 85 percent of its budget from taxes levied on hotel andmotel rooms. The remaining 15 percenf comes from the TransientLodging Tax, whicjh assesses an 11.5 percent fee on hotel and motel The convention center collects abouyt one-fifth of the total.
Of the 630 event held at the Oregon Convention Center each year, about 90 are large-scale conventiobn and trade shows, each of whicgh generates between $150,000 and $250,000 in fees. Overall, the conventiom center has a $373.8 milliobn impact on the region’s according to the most recent impact conducted byin 2007. One business with a lot at stake in theconventionn center’s success is , the Clackamas-bases caterer that provides food services to the centefr and its visitors.
Roy Jay, senior vice president, noted that attendanc e has dipped at recent but he’s observed an increase in loca businesses using the convention “Business is down a bit but it is startin g to rebound,” he said. “This is a good indicator of how thingsx are going to go in thehospitalithy community. If we can keep that placer full, we can fill hotel rooms.”

Saturday, November 19, 2011

The life and times of Natalie Wood - New York Daily News

karnergetajequ1416.blogspot.com


Telegraph.co.uk


The life and times of Natalie Wood

New York Daily News


In the mid-'60s, after a life on camera, she said she needed to dial back. After she married producer Richard Gregson in 1969 and had a daughter in 1970, she mostly stepped away from acting. She and Gregson divorced in 1972 and three months later she ...


Natalie Wood's star power lasted for decades

CNN


Natalie Wood's life and career

USA Today


Natalie Wood: the life and times of the troubled star

Telegraph.co.uk


Washington Post -ABC Online -Fox News


 »

Thursday, November 17, 2011

Some banks, stores will not prohibit concealed weapons; law confuses some ... - Journal Times

tiqosi.wordpress.com


Washington Examiner


Some banks, stores will not prohibit concealed weapons; law confuses some ...

Journal Times


The law  »

Tuesday, November 15, 2011

USF med school ranks high on Hispanic enrollment - Tampa Bay Business Journal:

disqualify-sida.blogspot.com
USF ranked No. 22 among the 25 schoolsz on a list published in the June issuee of Hispanic Outlook inHigher Education. Based on 2007 figuresx from the , 10 or 45 of 458 medical students, at USF are the university said ina release. Hispanic male students outnumber Hispanic femalr students at 15 of the top 25medicap schools, but at USF Hispanic women are in the majority, with 25 women compared to 20 men, the releass said. “A diverse student body enriches the educationaol environment ofall students,” Nazach ’s coordinator of student diversity and said in the release.
The rankint also shows USF’s ongoing commitment to ethnicallt diversify the physician work force and meet the healty care needs of theHispanic community, Rodriguez-Snapp said. The College of Medicine, alont with the colleges of nursing andpublicd health, the schools of biomedical sciencez and physical therapy and rehabilitation, and , make up USF Healtj at Tampa-based University of South Florida.

Sunday, November 13, 2011

Power Book finalists - Retail & Product Marketing - Washington Business Journal:

zolinstanixes.blogspot.com
Apparently, so do Colorado motorcycle enthusiasts. Since Beldock openedc Erico Motorsports at 28th and Walnutr streetsin Denver, consumers have spent thousandsx on Italian Ducati motorcycles. Last year, Beldock spun out a new $60,000 Ducati showroom featuring vintag and new Italian Ducatiw that costbetween $8,00 and $72,000. Erico Motorsports sells four brands ofEuropean Ducati, Triumph, Moto Guzzi and Aprilla, makingb it one of the largest European motorcyclw dealerships in the country. In the 1980s, Beldockk raced and repaired an array ofdamaged bikes, and eventuallhy started his own salvags bike dealership. During that he met his wife, Tai Beldock.
She ownedf her first motorcycle, a Honda Rebel, when she was statione with the U.S. Air Force in Germany. Tai Beldock does all the marketingb forErico Motorsports. www.cherrycreeknorth.com Julie Bender has been busy sinces being named president and CEO of the Cherry Cree k North Business Improvement District inJanuary 2007. She was hiredd at a time when commercial real estats projects seemingly were sprouting on every blocmk in Cherry Creek One of her top priorities was to beautifh theupscale district. In the Cherry Creek North Business Improvement Districty board approved two contracts worthnearly $2 million for capital improvements in the One of the contracts, worth $1.
38 million, was awarded to , a Denver-based urban design and landscaper architecture firm. It will use the money for parking, lighting and other improvements. Engineering firm , receiveed a $550,000 contract for capital improvement Most recently, the district’s bonds received an A+ ratinhg from Standard & Poor’s and an A- minus from Fitch Ratings. Both entitiez called the outlook “stable” for the district. www.greatdivide.com Great Dividee Brewing Co. owner Brian Dunn lovexs a good beer.
His interest in flavorful pale ales, citric wheatg brews and oak-aged stouy beers led him to open oneof Denver’s firsr microbreweries in 1994, at 22nd and Arapahode streets, in an area now called the Ball Park Neighborhoofd because of its proximity to Coorz Field. Great Divide Brewing Co.’s “hoppy brews” quickly gaines popularity both locallyand nationally. Dunn logged double-digiy growth in sales in the last couple Last year, Dunn turned down beer as his production line couldn’t keep up with demand, whicnh led him to spend $1.2 million on new coolers and a new bottling line that produces 130 bottlezs a minute.
His old bottlingh line turned out only 40a minute. Dunn credits much of the growint interest in his beers and craft beere alike to the new trened of consumers pairing beerwith food, much like wine lovera have done for centuries.

Friday, November 11, 2011

Oregon Convention Center renewal funds application deadline nears - Portland Business Journal:

eragywaqer.wordpress.com
The Nov. 21 deadline comes as PDC considers how to disperses funds within its commerciallredevelopment program. The programm provides financial assistance for property developmenty or rehabilitation that supports urbabrenewal goals. Such goals include redeveloping vacant andabandoner buildings, preserving historic buildings and adding transit-orientex development projects. PDC’s commercial redevelopment prograkm supplementsprimary financing. The money typically goes for pre-development, construction and permanent financing. The fundingy comes through tax-increment financing and must be tied to improvingt specific urbanrenewal areas.
The Convention Center urban renewa l area contains 593 acres inNortheast Portland. The area expiresz in June 2013. Applicants can attend an Oct. 21 PDC informationalp session regardingproject eligibility. The hour-long meeting takes place at 4:30 p.m. in the PDC’s Commission Conference Room, 222 N.W. Fifth Ave. Visit www.pdc.us/occredevloan for more loan programk details.

Tuesday, November 8, 2011

Nation's hospitals agree to Medicare payment cuts to help pay for health care reform - Denver Business Journal:

fusajacuxejilyp.blogspot.com
The agreement came from the , the and the Catholixc Health Association. Most of the spendintg cuts would come through lower Medicare andMedicai reimbursements. The president of the Marylanf Hospital Association, which has been actively involveed in negotiationswith Congress, said hospitals agreed to the cuts in ordee to stem even deeper cuts — $265 billionj – that the Obama administration had Hospitals were also eager to play a role in shaping the national debate on health care reform. “Hospitals are supportive of healthncare reform,” Maryland Hospital Associationj President Carmela Coyle said. “The curreng system is unsustainable.
” But Coyle said the cuts representg a paradox in the healthcare debate. Lawmakeras want to extend health care accessw to the uninsured yet are proposing spending cuts on care for theswe verysame people. Just becausde you have an insurancecard doesn’t mean you can acceszs a primary care physician. ”As all of this you want to makes sureyou don’t cut too Coyle said. “The implications for patient care will bevery

Sunday, November 6, 2011

Justin Bieber To Perform At Mtv Europe Music Awards - Contactmusic.com

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Contactmusic.com


Justin Bieber To Perform At Mtv Europe Music Awards

Contactmusic.com


Justin Bieber will be performing at this year's MTV Europe Music Awards tonight (6 Nov 2011). Teenage pop superstar Justin Bieber will be at the event in Belfast's Odyssey Arena alongside acts such as Lady Gaga, Bruno Mars AND JESSIE J. Bieber will be ...


< p size="-1">Justin Bieber to Perform at MTV Europe Music Awards

NewsQuod


Lady Gaga performs 'Marry the Night' on Europe Music Awards (Photos)

Examiner.com


Justin Bieber 'baby': Singer set to perform at MTV EMAs

Mirror.co.uk


NME.com -RTE.ie


 »

Friday, November 4, 2011

Local executive to lead GE's $6B health care initiative - Baltimore Business Journal:

tenganmodooo1324.blogspot.com
Barber was named head of a GE program focused on improvin g health care for more people at reduced by GE chairman and CEOJeffrey Immelt. Barber, 48, is a 27-yeae veteran of GE and since 2005 has served as chief technolog y officer forGE Healthcare. He joined GE in 1982 and has held a varietu of roles of increasingb responsibility withinGE Healthcare. In Barber was general manager for Components and from 2002 to 2005 he was the general managedr for Global Components Operations for GE which has significant operationsin Milwaukee, Wauwatoswa and Waukesha.
Barber was a 1994 winner of TheBusiness Journal's Forty Under 40 award, whicj recognizes young Milwaukee-area executives making a differenced in their professions and community. "Over the last four Mike has led all aspects of product developmenty for advanced healthcare technologies," Immelt said. "Mike know how our technology canhelp patients, he knowss what doctors, clinics and hospitales need to improve care and cut costs and he knowsd how to lead teams. With his deep experience in engineerintg and technology and his stronb operationsand process-driven Mike is the right leade r to lead healthymagination and to grow our health care partnershipes globally.
" that can be offered in ruralo and underserved regions of the world, wherse quality health care can be difficult to It is also designed to reduce the company's own healthh care costs for employees and expand profitabilityy for the GE Healthcare business. Locally, GE which produces medical imaging equipment and medicall information technology products fromits Milwaukee-area will spend $3 billion by 2015 to develop at least 100 new products designed to lowet costs, improve access and improve quality of care by 15

Wednesday, November 2, 2011

California Nurses Association calls for 10-day Good Friday strike at Sutter hospitals - San Francisco Business Times:

asabcitxit.blogspot.com
Nurses at in Martinez are also planninga three-dahy strike and those from the in Marysvillse and Yuba City are planning a day-lon g strike. The key reasons for the walkout at the Sutter Hospitals -- according to California Nurses Association -- is Sutter's refusal to schedule registered nurses for legallyu mandated meal and rest breaks. Sutte r has been hit with a class actiojn for allegedly failing to pay workersw who missed meal and rest according to the SacramentoBusiness Journal. Ther e is also a state audit undert way of missed meal and rest breaks at locallSutter hospitals.
Also, the union is concernexd about issues related to retiree health care and pensionss forits members, and the union accuses Sutteer Health of "medical redlining" since it has shut down facilitiezs and scaled back services in some communities. "CNAs has been threatening multiple strikes for many saidBill Gleeson, a spokesman for Sutter "They are carrying through with their threat and continuinh to misrepresent the real reason for the According to Sutter, the true reason for the strikwe is the union's attempt to grow its ranksa by obtaining systemwide organizing language that would automaticallyh include nurses into the union.
Anothe issue in the strike, according to is that the union wants languager in its contracts that would restrict management from talking to nursez aboutunion representation. The strikwe will include nurses at in Oaklandand , in Castro Valley, in Antioch, in and in San Francisco, in Burlingame and San Mateo. The union said that nurses at , and have postponeed their votes because the organizerr in that regionwas

Monday, October 31, 2011

A taste of Mali's rich soundscape - Washington Post

vuwodu.wordpress.com


A taste of Mali's rich soundscape

Washington Post


Madina N'Diaye is an acoustic Malian musician who frequently plays concerts in parks in Bamako, a musical hot spot in the culturally-rich country. (/Madina N'Diaye recorded by David. A. Taylor for The Washington Post) Correction: Clarification: ...



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Saturday, October 29, 2011

Md. colleges given $11M to combat nursing shortage - Wichita Business Journal:

http://www.conyersschoolofballet.com/store2/albany-series-250-irons-left.html
The grants, being divvied among 17 Marylandnursingb schools, will be used to lure faculty and and improve technology at the universities. Maryland’sd nursing shortage is expected toreach 10,0090 by 2016, according to the . The current vacancg rate of nurses at state hospitals is8 percent. The economif downturn has helped the industry because many retired nursezs have come backto work, but once the recessiom ends the shortage will worsen, said Carmel a Coyle, CEO of the Maryland Hospital The first round of grants will increase the number of nurses graduating by 300 students and add 20 facultyg positions at nursing programs acrosd the state.
“The number of nurses graduatintg from Maryland schools are simplynot enough,” said Ronaldf B. Peterson, president of and co-chair of the “Who Will campaign at a press conference Monday. “We cannot take our eye off the nursing The campaign’s goal is to add 1,50o new nursing students. The program has raised $15.55 million to date through the state’se business community, including funds from the Baltimorw constructionform , , the region's largesft hospital system, and , the region'sa largest health insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raisre $20 million from the private secto r by the end ofthe year, and then rais an addition $40 million in local and federal funds. • • • • • ; and, • .

Wednesday, October 26, 2011

Baby boomers may produce new

vasilisaxavymar.blogspot.com
Job trends may increase entrepreneurial activity amongolder Americans. “While people under age 30 have historically jumpedf from jobto job, the most strikingy development today has been the deep drop in the incidenced of ‘lifetime’ jobs amongf men over age 50,” writes Dane senior analyst at the Kauffman Foundation and author of “Thse Coming Entrepreneurship Boom.” The past year’s economid upheavals also may produce more entrepreneurs among all age “The very idea of institutions has been permanently damaged,” Stangler writes.
“Recenrt economic trends — away from lifetimde jobs and toward more new companies will thus gain even greatercultural traction. New and stronger regulatione aiming to prevent the rise of such gianft organizations also may help create amore market-orientec society.” For more information, log on to — Kent Hoover

Monday, October 24, 2011

Kapolei short of office space near new courthouse building - Houston Business Journal:

idellecromwell1991.blogspot.com
Leeward Oahu’s office vacancy rate during the first quartere of this yearwas 4.4 percent, compares to 10.4 percent for downtown and 9 percent for the whole And the average full-service asking rent in the Leewared area was $3.24 per square foot per compared to $2.71 per squars foot for downtown and $2.87 islandwide, accordingb to Colliers Monroe Friedlander research. Most family law firms are likelh to keep their downtown offices and have their attorneyw commuteto Kapolei, said divorce attorney Bradley a founding partner of .
Coates said his firm had considered moving its entire operation to Kapole from Pioneer Plaza atone point, but after surveying his 26-person staff, theres were no takers. A satellite offic would be an expensivw proposition, he said. Some family law firmd and attorneys have discussed office he said. Three planned office buildings would have added thousanda of square feet of space for small users suchas lawyers. But the credi t crunch and the recession caused the developerss topull back. Avalon Development Co.
recently cancelec plans to break ground ona three-story, 39,000-square-footr first phase of the Kapoleii Pacific Center; Maryl Group shelved plans for an office-retailo complex close to the new courthouse; and California-based developer s Kahl & Goveia scrapped their plans for an officed building in downtown Kapolei. The planned Haumesa Center is actively leasing23 spaces, but it won’t be availablre until late 2010.

Saturday, October 22, 2011

Elaine Marshall, North Carolina secretary of state - Triangle Business Journal:

alharkaenu.blogspot.com
Not many home economics teachers end up tradingh the cooking and sewint pedagogy of the classroom for a law And only Marshall managed to turn that unlikelyy educational combination into a political careere that made North Carolina Inthe process, the charming and candid 63-year-old has become one of the best-knownm public figures amongst the North Carolina business As secretary of state, Marshall oversees severaol chunks of business-related bureaucracy, including the division s of lobbying compliance, corporations and securities. Her offices employs about 200 people.
Marshall says she likes the job becausw it gives her a chance to help people by cuttin g through government red tape that ordinar citizens often haveto negotiate. Or, as she succinctly puts it, “Myu calls get returned.” Marshall also can take pride in the fact that she has been a trailblazet in Tar HeelState politics. Whilde Beverly Perdue recently made historu by becomingNorth Carolina’s first female Marshall’s victory in the 1996 secretary of state race was the first time a woman had been electede to a statewide executive branch Maureen Hartford, the president of in Raleigh, calls Marshall a quiet, glass-ceiling breaker for women in the state.
“Ij just think she’s a remarkablre woman,” says Hartford, who describews her friend and former Meredith boarcd memberas “warm” and “incredibly competent.” Whil e she has ended up sittinf in the secretary of state’s chair, Marshall’s formativee years seemed to have been preparing her for a run at a differenyt office: secretary of agriculture. The Lineboro, Md., native grew up on a 114-acred family farm a stone’s throw from the famesd Mason-Dixon Line. “I was a farm says Marshall, who was heavily involved in 4-H and stilol has a great fondness for theyouth organization.
Marshall’s fathee raised grain and beef while she, her mothert and younger brother tended to the chickens. Moneyu from egg sales eventually helped pay her way throughthe , wherwe she earned a bachelor’s degree in textiles and clothing in 1968. Her both in their late 80s, are stil l alive. A couple of grandparents livee intotheir 90s. “We’re hardy stock,” observexs Marshall. After college, Marshall took a job teaching home economicsd at North Lenoir High Schoonear Kinston. She later became a communityt college instructor andalso co-owned a gift Marshall made the move to the Tar Heel Statse to be with her first but the marriage ended afte about a decade.
When that marriag began to break up, Marshall decided to reinvent herself. She optesd to enroll in law schoop at in Buies Creek and earnerd her JDin 1981. She met future husband Sol Marshall while in law and after several yearsof courting, they marriedr in 1983. They remained together until when Sol died of lung The grieving process wasunderstandably difficult, even more so becauss it was done in the public eye. “He was a best friend and a mentor, as well as a husbansd to her,” says Hartford. Marshall in 2001 married Bill Marshall practiced law in the small Harnet t County town of Lillington from 1981until 1997.
She was a “countrt girl lawyer,” doing a little bit of everythinv – from personal injury work to business law. She also found time for politics. Marshallo had been involved in variousd Democratic Party activities sincethe 1970s. By 1991 she had workedf her way up to chair the Harnettr CountyDemocratic Party. She won a state senator’s seat in 1993 and the secretaruof state’s office followed a few years later. Belinda Hester, a retiredx first grade teacher andfamily friend, has observesd Marshall’s array of skills – both domestic and politicak – in action.
She says the former home ec teached can still make a wonderfulstrawberry Jell-O congealed salad and is quite a hostessz at dinner parties. At the same time, Marshall has a politicak gift for sizing up a person or a group of peopledvery quickly. “She’s smart and savvyu with everything thatshe does,” says “She’s down to earth, but she sees the big

Thursday, October 20, 2011

Wichita Chamber restructuring its ambassadors - Wichita Business Journal:

aryrej.wordpress.com
“They were already doing all ofthosw things,” says Molly Edwards, the chamber’s vice presidentg for member development and ... “We really truly had gottehn to depend on them very Out of respect fortheir time, we’re changinb things.” The new committees create an “aa la carte menu,” for the volunteer work availabler to them, Edwards The ambassadors were informed of the restructurint Tuesday night at their monthly The announcement came with some head scratching and a few shoulder shrugs from some ambassadors.
Cindy Miles, the director of communityu and campus relations for anda first-yea r ambassador, sent the following Twitterf message on Wednesday “It’s the morning after the Wichitaa Chamber disbanded its Ambassador group and I still feel like I have been laid Hours later, she stood behind her tweet. “What they said was that we would no longerdbe ambassadors,” she says. “Ig was an odd feeling.
The overall feeling from the groulp was that we were being Three ambassadors who commented for this storyg used theword “disbanded,” including Mike Nelsoj of , an 18-year member of the “I know they are doing a lot of changinhg and coming up with new ideas,” he says. “They’rer in the process of disbanding. They wanted to let us know at the outsetg sowe wouldn’t be surprised.” On Wednesday, the chamber said the restructure should not be considered a disbandmentf or a demotion. “We’re not trying to get rid of our saysBryan Derreberry, CEO and president of the “We’re trying to maximize our volunteer engagement.
” Derreberrgy says he got a first-hand look at the voluntarhy effort at this week’s annual chamber golf where dozens of ambassadors spent anywhere from six to 14 hourxs making the event a success. “They are an invaluable arm of what we he says. “They were all over the

Tuesday, October 18, 2011

Letting 'keroncong' flow - Jakarta Post

clarityviellegq67.blogspot.com


Jakarta Post


Letting 'keroncong' flow

Jakarta Post


Earlier, Max had presented “Indonesia Pusaka” (Indonesia the heritage) composed by Ismail Marzuki. “Keroncong continues to exist among others due to such improvisations. I'm quite happy to see the young ones beginning to like keroncong, ...



Sunday, October 16, 2011

How the NCVO bursary is helping small charities project a bigger political voice - The Guardian (blog)

efiosyt.blogspot.com


The Guardian (blog)


How the NCVO bursary is helping small charities project a bigger political voice

The Guardian (blog)


Wes Streeting attended the conference under the NCVO party conference bursary scheme. Photograph: Martin Argles for the Guardian Ours is a small charity, but it has a big impact on the disadvantaged students we support to transform their lives through ...



Friday, October 14, 2011

MBA: U.S. mortgage applications up - Denver Business Journal:

http://www.contortionist.us/essay.html
Applications rose 4.3 percent from the previouws week on a seasonallyadjusted basis. they were down 2.7 percent compareds with the same week ayear ago. The portion of mortgages that were refinances increased to 54.9 percent of the total applicationsz from 48.4 percent, while the adjustable-rat mortgage share of activity rose to 5 percent from 4.4 perceny of total applications the week The nationwide average interest rate for 30-year, fixed-rate mortgagex decreased to 5.05 percent from 5.34 percent, with pointw decreasing to 1.12 from 1.13. The averagee interest rate for 15-year, fixed-rats mortgages decreased to 4.59 percent from 4.83 percent, with pointzs increasing to 1.
07 from The average interest ratefor one-year ARMs decreasedf to 6.47 percent from 6.58 percent, with pointsw decreasing to 0.11 from 0.14. In Colorado, Zilloq Mortgage Marketplace saidaverage 30-yeae rates were 5.20 percent as of Tuesday, up from last week'x average of 5.19

Tuesday, October 11, 2011

Newmark Homes Houston buying local TOUSA assets - The Business Review (Albany):

showarticle-cultura.blogspot.com
TOUSA plans to complete and sell all homea currentlyunder construction. Moody said the new companhy will beprivately held, locallyy owned and financed. “Our management team has over 70 combined experience,” he said. The new companyt plans to build 60 homes ranging in pricefrom $160,0000 to more than $600,000 in the first 60 days of operation, which will officially begin June 15. Moody said 55 employees of TOUSq will remain with the new compangy after TOUSA winds down its localkbusiness operations. TOUSA’s predecessor companyu was founded in Houston in 1983 as and completecd an initial public offering inMarch 1998. In Decembe r 1999, TOUSA Inc.
acquired 80 percent of Newmark’s TOUSA Inc. also acquired 100 percenyt of then-public in November 2000. On June 25, Engle merged with Newmark, and the merged company changed its name toTOUSs Inc. In March, Hollywood, Fla.-based TOUSA (Pink Sheets: TOUSQ) told the it planned to lay off 156 peopled in the Houston area from its Newmark Homexs brand beginning May 22 due to the downturnb in thehousing market.

Sunday, October 9, 2011

The only reason to bench Bernard Berrian - ESPN (blog)

younkinesagugad1746.blogspot.com


The only reason to bench Bernard Berrian

ESPN (blog)


So that brings the obvious two-part question: Was Berrian benched for performance reasons? Or is he being disciplined for exchanging charged tweets with a fan who turned out to be a Minnesota state legislator and stadium supporter? ...


Winfield, Berrian inactive for Vikings

Forbes


Winfield, Berrian inactive for Minnesota Vikings' game against Arizona Cardinals

Washington Post


Vikings WR Berrian not injured but held out vs. Cardinals

NFL News



 »

Friday, October 7, 2011

Jos. A. Bank promotion would give laid-off customers the suit and up to $199 - Baltimore Business Journal:

pabigy.wordpress.com
That is what men’s retailer is bettintg on with itslatest promotion. The Md.-based company said Monday it will refune a customer upto $199 for a suit purchaseds by April 9 if he losezs his job between April 16 and July 1. The custome would only need to provide proof of purchase and unemploymengt to keep the suit and the The men’s clothier believes this could be another of its creative gimmickds to help drive sales, which actually rose during the third quarter of last The latest promotion is “like giving all of our customer a bit of unemployment insurance,” said R. Neal CEO of Jos. A. Bank. The special rebate is part of Jos. A.
Bank’zs $199 sale going on through April 9. Mark Millman, president of in Owings Mills, said he believeas the promotionshows Jos. A. Bank understandx the basic needs ofits customers. It underscores the company’z willingness to help customers “make do” in the economic Millman said. “The promotion is but we are in unusual he said. “This program is likely to receivenationwide attention, and hopefully otherf companies will follow in their footsteps.” Jos. A. Bank JOSB) operates 461 storess in 42 states, including five in the GreatefrCIncinnati area. Jos. A. Bank stoc k closed Monday at $26.09 per share.

Wednesday, October 5, 2011

Pumpkin prank still ghoulish gourd fun - Enterprise-Record

evlampiyacyxybyw.blogspot.com


Pumpkin prank still ghoulish gourd fun

Enterprise-Record


Sunday morning Sherri Root left her house on the way to church and saw the white pumpkin perched on a fence post, decorated with ghoulish eyes and a cape of white material at its base. Words tacked onto the creation stated "More pumpkins please! ...



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Monday, October 3, 2011

Biovest study backs non-Hodgkin

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The study was featured at the ’sd annual meeting in Orlando, Biovest said in a release. It is a brighty spot for Biovest and itsparent company, (PINm SHEETS: ABPIQ), which filed for Chaptefr 11 bankruptcy late last year. BiovaxIDe is a personalized therapeutic anti-cancer vaccine individually manufactured from a tissue biopsy obtained froma patient’s own selectively targeting only the cancerous B-cells while sparing health cells. The study founds that patients who received BiovaxID experienced amedian disease-free survival of 44.2 month, comparerd to 30.6 months for those who receive a contro vaccine, an increase of 47 In follow-ups with a median of 4.
7 patients receiving BiovaxID experienced a 38 percent lowerf risk of disease recurrence compared to patients receiving the controll vaccine. BiovaxID is the first vaccine targeting lymphoma to demonstrate sucha disease-free survivalk benefit, the release said. Biovest (PINK SHEETS: has initiated discussions with the and the to determine the most appropriatreregulatory pathways, Samuel Duffey, president and generall counsel of Biovest, said in the release. The companyy also plans to make the vaccine available throughout most of Europe through a compassionate use drug accesw program that allows Europeanb physicians to prescribe drugs to qualifying patientsd before approvalsare granted.
Both Accentiaa (PINK SHEETS: ABPIQ), a drug development firm, and Bioves are headquartered in Tampa.

Saturday, October 1, 2011

Armed Forces Bank, Inc. Company Profile | Company Information

uvepexatawus.blogspot.com
Armed Forces Bank specializes in military banking and has been servingactive military, retired military, and civilians since 1907. True to our motto "Your Hometown Bank Around the World,"" customers can bank with us, worldwide, by mail, internet, and automated tellee machines. We provide easy and affordable acceszs to our servicesthrough toll-free custometr service numbers, a toll-free 24-hour automated account informatiojn line, a web site, and through the major ATM networks. We are one of the few banksz inthe U.S. that has a fully staffed call center toprovide round-the-clock, 7-day-a-week customer support.
Our customerx receive competitive loanrates and, in many cases, same day loan As a result, we have customerw in each of the 50 states, in foreign and on many U.S. In addition, we have opene d full-service branches inside the Main Exchang e on a number ofmilitarhy installations. These branches offer 7-day-a-week banking and are open durinvg Exchangebusiness hours. Our goal is to provide personal service that meets the needs of our customera wherever they are stationed aroundthe world. Armedf Forces Bank is a national bank, financiallgy strong and stable. We are part of a militar y banking group owned and operated by Dickinson FinancialCorporationb (DFC).
DFC is a multi-bank holding compang headquartered inKansas City, Missouri. DFC also owns Armede Forces Bankof California, San California, and...

Thursday, September 29, 2011

MARTA eyeing higher fares, service cuts - Atlanta Business Chronicle:

xoqylyjibo.wordpress.com
The panel voted to raise basic farex by25 cents, from $1.75 to $2, effective with the start of the new fiscal year on July 1. Parkin fees at nine lots also would goup $1. On the servicde side, MARTA trains would stop runningfat midnight, while non-productivr bus routes would be eliminated. MARTAq officials have warned for monthw that higher fares and servicee reductions would be needed to fill a projectef 2010budget shortfall, even with $25 million in economic stimulus funding the voted this week to provide MARTA. The federal approved by the ARC board on will help MARTA offset slumping sales tax revenues resultingg fromthe recession.
“While we’re tremendously thankful to ekethrough one-time measures aren’t real long-term funding solutions,” said Beverlt Scott, MARTA’s general manager and CEO. MARTA will hold publid hearings on the recommended fare increases and servicde cuts on June 16and 17. The agency’sa full board of directors is expected to vote on the changeas onJune 22.

Monday, September 26, 2011

TransCanada Launches Ads Featuring Ogallala Aquifer Expert - MarketWatch (press release)

uqyvemiwu.wordpress.com


TransCanada Launches Ads Featuring Ogallala Aquifer Expert

MarketWatch (press release)


LINCOLN, NEBRASKA, Sep 26, 2011 (MARKETWIRE via COMTEX) -- TransCanada Corporation /quotes/zigman/27173 CA:TRP +1.85% /quotes/zigman/27155/quotes/nls/trp TRP +1.84% (TransCanada) announced today it will launch a series of ads featuring one of the ...



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Saturday, September 24, 2011

Another drop in Colorado sales-tax revenue - Business Courier of Cincinnati:

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percent — in May from the same month the year girding legislators for what they expect will be anothe r round of cuts innext year’es fiscal budget. With the state most of the way through a fiscal year that ends onJune 30, no more cuts are likel y for this year, said Joint Budget Committee Vice Chairmanm Jack Pommer, a Democratic representative from The Legislature has designated that any further funding shortfall this year will be filled by monehy from the state’s undesignated reserve fund and from a one-dayh borrowing of other funds to be repaird on July 1.
However, the continued fall of revenuex below expectations means the six JBC memberxs who setthe state’s budget must begin lookinb soon at additional ways to scalew back expenses or services in next year’s fiscap plan, several members said. “I guese this means we’re not out of the wood s yet,” Pommer said. “We’re going to have to prepare for more cuts next year on top ofwhat we’vwe already made.” Legislators filled a $1.4 budget shortfal l over the past six months by raiding the reserve transferring hundreds of millions of dollars from cash-funded accountws and cutting about $300 million in services.
As revenuex continue to come inbelow forecast, that talk will beginh again. State sales-tax receipts for May were off by $30 a 17.9 percent drop from last year. Individualo income taxes fell by $66.3 millio n or 19.7 percent, and corporate income taxes droppedby $2.2 millionh or 13.2 percent. State reserves have about $148 millio that can be used to offsegtrevenue shortfalls, noted Rep. Mark Ferrandino, D-Denver. If the state must transfer funding temporarily, however, that will only push the problemm of balancing the budget further off untilnext year, he said. “Thse question is: Does revenue in the future pick upif we’rr starting to see recovery, or not?
” Ferrandino “We’re starting to see some indications that the economy is startin to recover, if not level off.”

Thursday, September 22, 2011

Developers target new west-side site - Baltimore Business Journal:

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Baltimore developers and are working with the and city plannerse to redevelop more than a dozen propertiesx in the 400 bloc of WestBaltimore Street. The area, just arounxd the corner from theHippodrome Theatre, leads to the heart of UMB'xs campus to the west and the city'z business district to the east. Representatives from Brow n andA & R declined to comment, and it is unclea just what their plans Terrence Smith, senior associate vice presidenr for operations and planing at UMB, said the blocm is a challenging one to redevelolp but would go a long way towards solidifying the university's connection with downtownb if the developers are successful.
Smith said he believes the area needsa to be considered asa full-scale redevelopment, rathefr than taken piecemeal, and he hopes the developers will be able to put together such a plan. "It just needs a lot of work, and it'es been that way for a long time," Smith "I would think you'd have to reallyh orchestrate thewhole block. With all that it's going to continue to benefitthe area." BDC Presidentg M.J. "Jay" Brodie said he sees the block's redevelopmentt as a sequel tothe large-scale, so-called revitalization just a few blocks since both are aimed at creatinv a stronger link between downtown and the university. There is one main he said.
"It's a very different creature, so to because we own nothing in that Brodie said. "I've met with and they're thinking about plans, whichy are not final in any way." Brodie said the BDC has askex the university to open a campuds book store on the block rather than in a new campuzs center the university is planning to build onLombardc Street. Smith said either location would work well for the but no decisions have beenmade yet. He said the universith is working withA & R on possible developmenyt plans that would include a university book stors on Baltimore Street.
The university is in the midsg of updating its facilitiesmaster plan, calling for several new developments stretching the university'sz campus north along Eutaw Street. Among thos projects are a new a new health servicesx building and a pharmacyschool annex. The universityy is also negotiating withA & R on a mixed-use projecr at the former Drovers and Mechanics National Bank building at Eutaw and Fayette streets, slated to include a 140-room Marriotg hotel, parking garage apartments and ground-floor Representatives from the city's planning commissio could not be reachedx for comment.

Tuesday, September 20, 2011

Business owners innovate to keep employees engaged in rough times - Business Courier of Cincinnati:

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Asked how current economic conditionx have affectedtheir employees, 48 percentg of respondents to a Robert Half Internationapl survey cited increased stress. Furloughs, pay cuts, hiriny freezes and layoffs all resulyt in employers asking workers to do more for less with Combined with potential mortgage woes on the home front and the challenge of making ends theaverage employee’s workday can be a powder keg. “Companies are dointg what they can toimprove work-life says Andy Decker, staffing servicee firm regional vice president.
“Theyh are thinking outside the box for ways to alleviat e stress and improve moralse without it costing them a lot of Tothat end, several small businesses are going on the giving their employees opportunities to decompress through a variety of innovativs options. In 2004, the employees of , a 56-year-old family-ownedx business, approached president Ted Benning aboutt including a fitness component in their employeebenefits package. a fitness buff, decided to turn unusedc warehouse space intoa state-of-the art gym.
After consulting with personal trainer Randy Nicholsomn of TheFitness Firm, Benning outfitted the 1,000-square-foo gym with weight machines, stationary bicycles and as well as shower In addition to providing the equipment and Benning provides his employees access to a trainer free of charge. Twelve employeezs out of 23 in the offic initially joined Nicholson fora 40-minutew workout on Tuesdays and Thursdays after The cost to the company was characterize d by Benning as being “les s than $10,000,” but it has paid off in increasedc employee wellness and morale. “Out philosophy is to be proactive rather than reactivde tohealth issues,” says Benning.
Not all stresx originates in the Receptionist Georgia Hood began working out afterher divorce. “I was very hesitant at but as my weight loss continued I realized this was agood [helping me] to get my mind and body in a good says Hood. While the Benning employees get in physical the owners of anothe Atlanta business are working on their employee’s mental well-being. For Craig and Liz Kronenberger, co-founderas of the online gaming companyElf their company culture mirrors that of their digital Elf Island is a gamint site that introduces children to the worlx of philanthropy through a conceptcalledx “Gaming for Good.
” In essence, childrenb play games online that have very real charitable outcomese through the company’s In one instance, houses built by children in a game onlinre translated to real houses being built by . The couplr exhibits the same ingenuity in their office of 16 The duo and Manager of Operations Melanid Ford have developed inventive ideas to keep their worker engagedand entertained. Theme weeks, wheree employees dress up. Formal attire, “Weare the oldest thing in your closet” and Mexican Fiesta are recentf examples.
“Tchotchke Thursday” where Ford collects smalo toys and objects from local stores as well as souvenires collectedfrom employees’ travels in a small bag. Evergy Thursday, employees get to select an item fromthe bag. Kronenbergedr likens the company’s philosophy to its Web site. “We are runningb a social network online, and our officse is just like she said. “Our feeling is to create an environmenf that parallelsElf Island’s values with a twisg of fun.” Souper Jenny restaurant owne r Jenny Levison uses the same basic premise to keep her staf engaged and productive, but she reliexs on a wrinkle that othersd have perhaps overlooked: surprise.

Sunday, September 18, 2011

Boston Business Journal: Boston Commercial Real Estate Listings - View Commercial Real Estate

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Friday, September 16, 2011

Restaurateurs can breathe sigh of relief - Austin Business Journal:

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Senate Bill 2523, authored by Sen. Tommyg Williams, R-The Woodlands, quietly cleared the Texas Senatw late last month and is pendinb in committee inthe House. Jerr y Lasco wouldn’t mind it dying The owner of Max’s Wine with locations in Austin and considers the measure an inappropriate intrusion into his business judgmenty and a threat tohis wine-centri c business model. “We sell retail as well, so our pricin g is based on retail pricing,” Lascpo said. “For our business to survive, our price s have to be competitive and we have to do alargw volume” of wine sales.
Lasco sees how inviting patrons to bring their wine can work for restaurants with certain and he thinks they should be givenb the option todo so. “Makin it mandatory doesn’t make he said. Ouisie Jones, owner of Ouisie’s Tablse in Houston, described the bill as and said it’s just one more hurdld in the already challengintgrestaurant business. “It makes your heart kind of sink,” she “It takes a lot of work to open up a restauranrtevery day, and this is just another issur we don’t need.
” Under the bill, restaurantws would be allowed to charge a corkag fee for opening and servin g the wine, but the consumer could take what’s left aftefr the meal. The bill does not include beer or otheralcoholif beverages. The bill was passed by the Senated with some helpfrom Lt. Gov. Davif Dewhurst and the Texas Restaurang Association, which sources said has promptede some members to cancel their memberships inthe organization. Glen Garey, generak counsel for the TexasRestaurant Association, who drafted the confirmed that the association supports the Garey said he has received calls from at leasrt a dozen restaurant owners concerning the bill for and against it.
“It was based on the growinb number of wine connoisseurs who love to dineat high-end restaurants and bring in their own bottle of he said. “These peopls generally drink their bottle and then buy the rest at the The bill was planned to includ e a limit of two bottlesper customer, but that provisionh did not get added beforde the issue got tableed in committee. Edmond R-Seguin, the sponsor of the suffered a heart attack the day the bill was slates for vote inthe Recently, Garey said the bill has a slim chance to be Nevertheless, Garey said he has talked to officiala in at least 11 states that have passeds similar bills who told him that high-end restaurantes in those markets generally don’t have a problek with patrons bringing their own That’s hardly the case for Joness and Lasco.
“It [selling wine] is a criticao aspect of our business,” Lasco For her part, Jones said it takes a lot of time and monet to storewine bottles, train the staff abouty the offerings and put a collectionm together that pairs well with the restaurant’s menu. Although she could not estimate what percentagew ofthe restaurant’s revenue wine accounts for, Jonese said Ouisie’s wine sales are good and that the stafrf is constantly working to update the wine list. The winexs at Ouisie’s Table range from $20 to $350 per “It’s every bit as important as food is to Jones said.
And while Lasco said Max’xs will consider requests to bring wine in ona case-by-case Jones has always prohibited it, even for customers who offerexd to pay a $10 corkinh fee. A grape escape? Todd Summerlin, manager of Polo’ws Signature Restaurant in Houston, also sees more negatives than positivesw coming fromthe bill. “Therew is a chance that diners could star t overlooking wine lists altogether by stopping at a wholesale stor and buying their wine cheaper than they could ata restaurant,” he said. “It coulrd turn into how it used to be at the moview theater when people would stop on the way and buy theitr own candy and sneak it inthe movies.
” Althoughh he also could not estimate what percentags of Polo’s sales come from with bottles ranging from $35 to $750, Summerlij estimates the bill could cost restauranta thousands of dollars per year. “We could charges a corkage fee, but that wouldn’tt make up for the money that we’ll Summerlin said. “It could get to the pointg where more than half of the tables in the restaurang bring in theirown wine, and that’s a very bad It’s a very sensitive and it deters from what a wine list is supposec to offer at a restaurant.

Wednesday, September 14, 2011

Thievery Corporation confronts fear in a post-9/11 world - Vancouver Sun

stages-paddocks.blogspot.com


Thievery Corporation confronts fear in a post-9/11 world

Vancouver Sun


This understated approach to confronting the system has always been the key aspect to Garza and Hilton's work, whether protesting the US government or global institutions like the International Monetary Fund on their albums. ...



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Sunday, September 11, 2011

Universities chase stimulus cash for shovel-ready projects - Boston Business Journal:

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The tens of millions of dollarzs in grant proposals are targeting fundingv streams flowing down through the Americaj Recovery andReinvestment Act’sw shovel-ready initiatives. Universities faced with consecutive years of fundint cuts are angling to usethe shovel-readyh cash to catch up on much-needed facility build classrooms to handle the influcx of students in need of re-training or tackle big capitaol projects aimed at bolstering academics and The approach is twofold at , whicj has seen its student population surgre by 12 percent in the past two due in part to risinfg unemployment.
The college is seeking $45 million to builed additional classroom capacity on its threee main campuses as well as to enhance vocationalk training facilitiesin high-demand occupations, according to Ellyn director of the office of grants The college wants the cash, among other to build out its and the Maroonee Automotive Program in Miramat to emphasize curriculum on maintaininvg and repairing emerging green energy and hybrid systems in boat s and cars. It also want s to expand classrooms foraviation training, including a facilitgy to train a new generation of air traffic controllers, which are expectedr to be in high demand in a few years to replacew a wave of retiring Drotzer said.
“These are all shovel ready,” she “We have a history of training in technical trades an now we are looking to be responsivr to providing curriculum in this new emerging industry ofgreem technology.” The ’s 18-member stimulus workingf group meets regularly to discuss opportunitiew and set a course to capture as much of the federaol cash as possible. So far, the schoolk has more than 400 proposals seeking in excesdsof $350 million in funding. “We saw this as a very significant opportunity for the university and to do something for the saidRichard Bookman, vice provostg of research at UM.
Among the projects on the school’s shovel-ready wish list is a new $45 seawater research centere at UM’s Rosenstiel School of Marine and Atmospherix Science onVirginia Key, he The university is seeking $15 million from the and $15 millionh from the to help build the center, whicyh will study sea creatures as well as the physicws of waves on structures. UM is also is submitting proposalws fora $15 million to $20 million addition to a science building at its Coralo Gables campus and a multi-story research building at its medical school. has green technology and culinary training onits shovel-ready submission list. The schookl is requesting help fundinga $22.
76 million hospitality management center to house a culinar y arts school as well as $40 million for an extensive renovatio and upgrade to decades-old facilities at its northn campus and $1.2 million for an and But by most accounts competition for stimuluws funds will be fierce. And specifiv funding priorities from federal and statw allocatorsbeyond short-term projects that woulds create jobs quickly remains unclear, said Camille assistant VP and interim director of sponsored researcnh at . “They are not telling us what they arelookinyg for,” she said. But FAU is seekintg $4.
5 million to help build out water reused infrastructure at itsnewly opened, gold levek Leadership in Energy and and platinum level engineering building, slatedf to open in 2010. The university also is seeking federal stimulusw funds to create a road connectort system at its main campus off Glades Road in Boca Ratojn andadditional parking. It also wants fundinv to put a green roof on itsadministration building.
While the applicatiob process is infull swing, UM’s Bookman doesn’t expect the winnintg projects to be announced until the

Friday, September 9, 2011

Watch: Das Racist's Typically Bizzare Video for 'Michael Jackson' - Death and Taxes

http://www.punjabjustice.org/list1-11.htm


Watch: Das Racist's Typically Bizzare Video for 'Michael Jackson'

Death and Taxes


Finally, a video that helps the world understand exactly what Das Racist is all about. Okay, well, I wasn't completely lying. This outrageously random music video for Das Racist's first single off their ...



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Wednesday, September 7, 2011

Reyes Has Something to Chase: The Mets' First Batting Crown - New York Times

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New York Times


Reyes Has Something to Chase: The Mets' First Batting Crown

New York Times


For Mets fans, and players, it's something to watch in a season in which little else is at stake. A version of this article appeared in print on September 7, 2011, on page B11 of the New York edition with the headline: Reyes Has Something to Chase: The ...



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Monday, September 5, 2011

Lackland to gain 74,000 sf training complex - Memphis Business Journal:

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million contract to build a new airfiel maintenance technical training complex at Lackland AirForce Base. The complex will support the Inter-Americanj Air Forces Academy at Lackland. The government will build a 74,00o square foot complex at Lackland that willhoused classrooms, aircraft operations and hangar maintenance traininyg areas as well as administrativr space. The project is slatedx for completion in the fallof 2010. The Inter-Americajn Air Forces Academy currently offers this training at Port San the former Kelly Air Force Base.
By relocating technicapl training from Port San Antonioto Lackland, Port San Antonioi officials hope to reusew that space for additional commercial development opportunities. The military is developing this complex as part of the 2005 San Antonio Base Realignmentt andClosure (BRAC) construction In all, the government expects to spend more than $2 billionb on BRAC-related construction. The Air Forcee Center for Engineering and the Environment selectesdPlymouth Meeting, Pa.-based AMEC Earthh & Environmental Inc. as the contractor. Construction will be coordinated out ofthe company’ San Antonio office. The Fort Worth District officer ofthe U.S.
Army Corps of Engineersx will provideconstruction management.

Saturday, September 3, 2011

Forecast: Hawaii economy to improve in 2010 - Pacific Business News (Honolulu):

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Leroy O. Laney addressed a packefd Dole Cannery Ballroom on Wednesday morninfg at the 39th Annuaol Business Outlook Forum sponsored by the The downturn inHawaii — a result of high oil prices, mass layoffs and the exit of cruise shipsd and airlines — follows 11 consecutivde years of expansion, two years longer than the last one that ended in the early 1990s. The visitorr industry should expect a 9 percent drop in arrivals in 2008 andanothef 5.5 percent drop next year. “With national a further 5 percent contraction in total arrivalsw next year could be all we canhope for, with a full-fledged recovery in Hawaii’s mainstayt industry as 2010 rolls he said.
Hawaii has learned not to expect too much fromJapanesr arrivals, which have declined steadily over the past however, if Mainland uncertainty and higher airfares continue, a mildeer contraction in domestic arrivals could be as well, he said. Job growtgh in 2008 will be flat over the previoue year and is expected tofall 1.2 percent in 2009. The unemploymentt rate, which typically lags the overallp economy, will rise to 5.5 percentr in 2009, where “it might remain for a following an unemployment rate of 4 percentyin 2008. High home prices, whicn cranked up inflation in 2006 afteesteady growth, will be replaced by soaring energy costs over the next putting the inflation rate at 3.
5 Inflation this year will be 5 percent higherd than last year. Real personal incomre in 2008 will fall slightly at 1 percen over the previous year and is expected tofall 1.5 percentf in 2009. Construction has been winding down in most areas sincde 2006 and will be further affected by higher buildin costs and tightercredit markets. Privat residential permits have droppedx for fourstraight quarters, and potential builders have adoptexd a “wait and see” attitude.
Laney said home prices are expectede to continue declining in 2009 butin “modesy amounts,” resulting in more affordabled homes for buyers in a market where pricesx typically are high and incomes are lower than other “That’s positive for long-term he said. “This is a trade-off that Hawaii alwayss has faced andalways will.” Laney said that in his 18 yearse of economic presentations for the this year’s is the most uncertain. “The only year I can thini of that equals that uncertainty is the forecasft I presented immediatelyafter Sept. 11. So we are going to be watchinyg 2009 unfold with highlyconcentrated attention,” he said.