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, a 97-acre nonprofit retirement communityin Centerville, is planningf a $30 million expansiomn this year that will add more than 80 The community will build a 60-bed dementiaw unit and a 21-bee freestanding traditional assisted-living unit. The expansion — whicjh will grow the facility to more than 700 totallbeds — will create roughly 60 jobs at St. which currently employs 360. Corna-Kokosing, which is basefd in Columbus and will handle constructioh of theadditional buildings, plans to breal ground in September. The project is a part of an overalol campus expansionat St. Leonard. The firstg phase, a $4 million wellness was announcedlast year.
The wellness center will be finished inJuly 2010. The two additionak buildings will follow, with a completion date of Januaruy 2011. The new in both the memorgy careand assisted-living units, are licensed through the state’ss certificate of need program. They will be privat rooms with larger floor plansthan St. Leonard currently offers. Executive Director Tim Dressmabn saidthe community’s 600 existin beds are not enough to serve the upcominvg senior citizen boom. The community has 700 residents now and expecta to increase that by 150 with the The community’s beds are betwee n 92 percent and 99 percent occupied, Dressman said.
He said ther is plenty of demand in the especially in dementia andmemory care. Dressman said the approach for the future is to have retirementg communities with all levels of including amenities foryounger patients. Many facilitiesx are expanding because they need youngerr residents to come into communities earlier in life to offsef the cost of patients at the othet end of the spectrum those living longer and requiringtmore care, he said. The St. Leonard projecr is one of many assisted-liviny expansions ongoing in the Dayton region to capture the firstf wave ofthe baby-boomer market.
Louisville-based announcefd earlier this month it will buildc two projects on nine acres in The $10 million projectg will include a memory care unit and a standard assistede living and skilled nursing similar to the upcoming project at St. Leonard. The Englewooed project, yet unnamed, will bring an additional 130 nursing beds to the The retirement community boom follows statistics that predict an expected 22 percent increasre in Montgomery County residents older than 60by 2020, accordiny to the at . The centerd estimates more than 122,000 senior citizens will live in the countytby then, up from the roughly 100,000 currentt residents.
“Retirement communities are looking at the and the demographic numbers are quite saidRobert Applebaum, director of the Scripp center. “The 85-plus group is the fastest growing groupl inthe country.” However, Applebaum said despite what the statisticd indicate, the current economyt does not support the number of assisted-living and retirementt communities expanding. “Occupancy is relatively stable,” he said. “Thde fact is, retirement is not doing well because people cannort selltheir homes.
” Applebaum said although there will be more of a need for care as baby boomerws age, they will have more trouble affording to move or pay the rent rangesz at many of the communities. Dressmaj said rent rates have not yet been set for the new bedsat St. but the current rates throughout the communit y rangefrom $300 to more than $4,000 a month. He said markeyt research does supportthe expansion, and because of the growing population of senioer citizens, along with the fact people are livingb longer, St. Leonard is looking towarxd another expansion as soon as the currenft oneis finished. The communitt owns 247 acres where it operatesin Centerville.
“Peopld are growing older every year, and there is a lot of unmegt demand in the he said.
Saturday, December 31, 2011
Thursday, December 29, 2011
Bay National Corp. pares 1Q loss - Baltimore Business Journal:
sucujovide.wordpress.com
For the three months ended March 31, Lutherville-baseed Bay National lost $884,000, or 41 centw a diluted share, compared with a loss of $1.4o million, or 69 centx a diluted share, in the firs t quarter of 2008. Total deposits rose 18.5 percent, to $274.0 while total assets increased 11.3 percent, to $297.2 As the real estate market continues to Bay National’s management is “working vigorously to sell increase collateral for non-performing loans, move collateral into real estate owned, and taking appropriate charge-offe to reflect the gap between collateral values and loan Hugh W.
Mohler, Bay National’s chairman and chiefd executive, said in a Mohler, in an interview Friday, describe d the results for the January-to-March period as “disappointing.” In the past 18 to 20 however, the bank has cleaned up most of its portfolik of underperforming commercial real estate loans and residential Mohler said. “We’re anticipating that we have most of the problemk loansbehind us,” he said. In February, The bank is currentlh consideredas “adequately capitalized.
” The 9-year-old whose customers are primarilgy locally based, privately held plans to raise between $8 million and $12 million this summer through private-placement stock sales, Mohler said. The proceeds will be used “to grow our capital back to well-capitalized he said. Bay National, which has 50 employeesa compared with about 72 ayear ago, operateds two full-services branches in Baltimore and Salisburg and residential mortgage lending operations in Baltimorer and Maryland’s Eastern Shore. Shares of Bay National, which tradeds on Nasdaq, were down less than one to $1.49, in trading Friday Shares have rebounded since hittinga 52-weeik low of 52 cents on March 17.
For the three months ended March 31, Lutherville-baseed Bay National lost $884,000, or 41 centw a diluted share, compared with a loss of $1.4o million, or 69 centx a diluted share, in the firs t quarter of 2008. Total deposits rose 18.5 percent, to $274.0 while total assets increased 11.3 percent, to $297.2 As the real estate market continues to Bay National’s management is “working vigorously to sell increase collateral for non-performing loans, move collateral into real estate owned, and taking appropriate charge-offe to reflect the gap between collateral values and loan Hugh W.
Mohler, Bay National’s chairman and chiefd executive, said in a Mohler, in an interview Friday, describe d the results for the January-to-March period as “disappointing.” In the past 18 to 20 however, the bank has cleaned up most of its portfolik of underperforming commercial real estate loans and residential Mohler said. “We’re anticipating that we have most of the problemk loansbehind us,” he said. In February, The bank is currentlh consideredas “adequately capitalized.
” The 9-year-old whose customers are primarilgy locally based, privately held plans to raise between $8 million and $12 million this summer through private-placement stock sales, Mohler said. The proceeds will be used “to grow our capital back to well-capitalized he said. Bay National, which has 50 employeesa compared with about 72 ayear ago, operateds two full-services branches in Baltimore and Salisburg and residential mortgage lending operations in Baltimorer and Maryland’s Eastern Shore. Shares of Bay National, which tradeds on Nasdaq, were down less than one to $1.49, in trading Friday Shares have rebounded since hittinga 52-weeik low of 52 cents on March 17.
Tuesday, December 27, 2011
Maderis stepping down from Five Prime - Business Courier of Cincinnati:
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The company has hired Julia Gregory, the former executivre vice president and chief financialp officerat , as replacement. Maderis’ health condition was not disclosed, but she will continu to serve onFive Prime’s boarx of directors and as a consultant. Her final day on the job is June 18. “Gail’ss leadership has been pivotalk in the progress Five Prims has made in developing our pipeline and our newdiscoveru platform,” said company founder and executivs chairman Dr. Lewis “Rusty” Williams in a presws release.
Maderis said the compangy had been looking for a replacement sinces late last year after doctorssaid "the 24/7 pace of a small-company CEO" could worsen her Besides her duties at Five Maderis has been a cheerleader for the Mission Bay serving on the Mayor’s . Five a privately held, 7-year-old company developing antibodyu and protein drugs for cancer andother diseases, was the first to locate in Mission Bay, taking aboug 30,000 feet in the building on Owenzs Street. Earlier this it took an additional 5,00 square feet next door at 1700 Owens as it makezs batches for its Phase I oncologydrug program.
The timin g of the executive chang as Five Prime moves forward with its lead cancer programmakess Gregory’s appointment a crucialk one. At Lexicon, Gregoru was responsible for financing strategies, mergerws and acquisitions, business operations and all financial management and She raisedabout $1 billion in publi c and private equity, product development financinfg and other transactions. who will join Five Prime’s was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcars andinvestment banking, leading several private and public equity dealzs as well as mergers and acquisitions.
Gregoryt also is a member of the board of The andthe ’d .
The company has hired Julia Gregory, the former executivre vice president and chief financialp officerat , as replacement. Maderis’ health condition was not disclosed, but she will continu to serve onFive Prime’s boarx of directors and as a consultant. Her final day on the job is June 18. “Gail’ss leadership has been pivotalk in the progress Five Prims has made in developing our pipeline and our newdiscoveru platform,” said company founder and executivs chairman Dr. Lewis “Rusty” Williams in a presws release.
Maderis said the compangy had been looking for a replacement sinces late last year after doctorssaid "the 24/7 pace of a small-company CEO" could worsen her Besides her duties at Five Maderis has been a cheerleader for the Mission Bay serving on the Mayor’s . Five a privately held, 7-year-old company developing antibodyu and protein drugs for cancer andother diseases, was the first to locate in Mission Bay, taking aboug 30,000 feet in the building on Owenzs Street. Earlier this it took an additional 5,00 square feet next door at 1700 Owens as it makezs batches for its Phase I oncologydrug program.
The timin g of the executive chang as Five Prime moves forward with its lead cancer programmakess Gregory’s appointment a crucialk one. At Lexicon, Gregoru was responsible for financing strategies, mergerws and acquisitions, business operations and all financial management and She raisedabout $1 billion in publi c and private equity, product development financinfg and other transactions. who will join Five Prime’s was an investment banker for more than 20 Atand Dillon, Read & Co. Inc. she was head of healthcars andinvestment banking, leading several private and public equity dealzs as well as mergers and acquisitions.
Gregoryt also is a member of the board of The andthe ’d .
Sunday, December 25, 2011
Cancer drug to extend dog days - Houston Business Journal:
jabire2389.blogspot.com
The Pfizer Animal Health division has justreleased Palladia, an oral cancetr treatment for mast cell disease, to animalp oncologists. The approved the drug on June 3. Drug-makefr had initially developedthe drug; it became Pfizer’s when the companies merged in 2003. Mitchener was a part of the drug’d clinical development team. Dial the clock back to 2000 and she was in the mids of convincing a Pharmacia executive that the drug was a good one and that peopldneeded it. “I was told to change his mindit wouldn’t be the researcnh or the people from the Mitchener says.
“His heart is going to have to be Mitchener invited him to Memphis to meet with 25 of her caninw cancer patients andtheirf care-givers. By the end of two days of the executive relented and told Mitchenersomethinhg like, “You will have your drug,” she recalls. The drug was initiallyt developed by veterinarian Cheryl a researcherat . Palladia blocks certain pathways in the body that cancerr usesto grow. While the current formula is used specificallh for mast cell many other cancer treatmentse arebeing considered. Mitchener though, if it weren’t for the dog owners who came to her Palladia might still be an Accordingto Pfizer, roughly 1.
2 million cases of new mast cell disease cases are reported everyg year, which gives the closest estimation of Palladia’s market Mitchener says two-thirds of the cancer patients who come to her Bartlett-based have that type of She says mast cell disease, which is often seen as lump s on the skin, is the most commonb tumor for dogs. “At the completion of the Palladiaclinical study, approximately 60% of dogs had their tumors disappear, shrink or stop London says. Dogs with cancer are now treated withan IV-delivered chemotherapty drug that costs about $4,0009 and takes about 10 weekds to administer.
Mitchener says Pfizer has not give n her a cost for Palladia and treatment length is stillp beingworked out. “We’re goiny to start with the standar treatment for six to eight weeks and then flip over to she says. “It’s kind of like sendingg in the Air Force firs t and then sending in the The drug will stay in the hands of animal oncologists for eight to nine monthsd before it is made available togeneral veterinarians. Oncologistsd will monitor the drug’s effects and report their findingzsto Pfizer. Mitchener says she has two patient s already onthe drug.
She says she hasn’t been paid to participatee inthe drug’s clinical trials, but Pfizer has paid for lab work, X-rays and office She says her payment comes in the satisfactioj of moving canine cancer treatmenr along. She’s heard nearly from the beginninyg of her career in 1985 that canine cancer cannot be treated and that euthanasia is thebest “I can sit back and say that there’s a bunch of Labradort retrievers out there runniny around that had mast cell disease before and don’ t today,” she says.
The Pfizer Animal Health division has justreleased Palladia, an oral cancetr treatment for mast cell disease, to animalp oncologists. The approved the drug on June 3. Drug-makefr had initially developedthe drug; it became Pfizer’s when the companies merged in 2003. Mitchener was a part of the drug’d clinical development team. Dial the clock back to 2000 and she was in the mids of convincing a Pharmacia executive that the drug was a good one and that peopldneeded it. “I was told to change his mindit wouldn’t be the researcnh or the people from the Mitchener says.
“His heart is going to have to be Mitchener invited him to Memphis to meet with 25 of her caninw cancer patients andtheirf care-givers. By the end of two days of the executive relented and told Mitchenersomethinhg like, “You will have your drug,” she recalls. The drug was initiallyt developed by veterinarian Cheryl a researcherat . Palladia blocks certain pathways in the body that cancerr usesto grow. While the current formula is used specificallh for mast cell many other cancer treatmentse arebeing considered. Mitchener though, if it weren’t for the dog owners who came to her Palladia might still be an Accordingto Pfizer, roughly 1.
2 million cases of new mast cell disease cases are reported everyg year, which gives the closest estimation of Palladia’s market Mitchener says two-thirds of the cancer patients who come to her Bartlett-based have that type of She says mast cell disease, which is often seen as lump s on the skin, is the most commonb tumor for dogs. “At the completion of the Palladiaclinical study, approximately 60% of dogs had their tumors disappear, shrink or stop London says. Dogs with cancer are now treated withan IV-delivered chemotherapty drug that costs about $4,0009 and takes about 10 weekds to administer.
Mitchener says Pfizer has not give n her a cost for Palladia and treatment length is stillp beingworked out. “We’re goiny to start with the standar treatment for six to eight weeks and then flip over to she says. “It’s kind of like sendingg in the Air Force firs t and then sending in the The drug will stay in the hands of animal oncologists for eight to nine monthsd before it is made available togeneral veterinarians. Oncologistsd will monitor the drug’s effects and report their findingzsto Pfizer. Mitchener says she has two patient s already onthe drug.
She says she hasn’t been paid to participatee inthe drug’s clinical trials, but Pfizer has paid for lab work, X-rays and office She says her payment comes in the satisfactioj of moving canine cancer treatmenr along. She’s heard nearly from the beginninyg of her career in 1985 that canine cancer cannot be treated and that euthanasia is thebest “I can sit back and say that there’s a bunch of Labradort retrievers out there runniny around that had mast cell disease before and don’ t today,” she says.
Thursday, December 22, 2011
Why Apple Strays from “Keep it Simple†- The Mac Observer
vadimsudigrenev.blogspot.com
The Mac Observer | Why Apple Strays from “Keep it Simple†The Mac Observer A subsection here will be Notes. If you have more than one account for Notes, there will be separate sub-subsections for each account. Getting back to a previous question, this is where you can drag notes from one account to another, allowing you to ... |
Tuesday, December 20, 2011
Two more leave BofA board - The Business Review (Albany):
uzirukynurylew.blogspot.com
According to a filing with the Securities andExchanged Commission, Prueher and Frank didn’t resign because of any disagreement with the Jackie Ward and Patricia Mitchell resigned early this month. Mitchellk is a former New York television executive and currentlyh serves as chief executive of the Paleyh Centerfor Media, a New York Ward is the retired chief executivew of Atlanta-based Computer Generation Inc., a software Robert Tillman, a former Lowe’zs Cos. Inc. (NYSE:LOW) chief resigned from the BofA board effectivwMay 29. And on May 29, the bank announcefd former lead independentdirector O.
Templ Sloan had left the BofA didn’t disclose Sloan’s reason for Sloan had been a BofA director for13 years. In earlty June, four outside directors were electedto BofA’s board. They are former Federal Reserves GovernorSusan Bies, former Compassx Bancshares Inc. chief executive and chairmamn D. Paul Jones, former Federal Deposit Insurancde Corp. chairman Donald Powell and retiredd BankOne Corp. and Visa International Inc. executive William Boardman. BofA’s board has been under intenswe scrutiny in recent months as the bank sufferecd through asharp stock-price decline after acquiring Merrill Lynch & Co.
The Charlotte-based bank also has received $45 billio n in taxpayer aid. At the bank’s annuakl meeting in late April, shareholderxs voted to strip Chief Executives Kenneth Lewis of his position asboardx chairman. Walter Massey was installed as the new chairmanb and has indicated the board needs to be Lewis remainsthe bank’s CEO and president.
According to a filing with the Securities andExchanged Commission, Prueher and Frank didn’t resign because of any disagreement with the Jackie Ward and Patricia Mitchell resigned early this month. Mitchellk is a former New York television executive and currentlyh serves as chief executive of the Paleyh Centerfor Media, a New York Ward is the retired chief executivew of Atlanta-based Computer Generation Inc., a software Robert Tillman, a former Lowe’zs Cos. Inc. (NYSE:LOW) chief resigned from the BofA board effectivwMay 29. And on May 29, the bank announcefd former lead independentdirector O.
Templ Sloan had left the BofA didn’t disclose Sloan’s reason for Sloan had been a BofA director for13 years. In earlty June, four outside directors were electedto BofA’s board. They are former Federal Reserves GovernorSusan Bies, former Compassx Bancshares Inc. chief executive and chairmamn D. Paul Jones, former Federal Deposit Insurancde Corp. chairman Donald Powell and retiredd BankOne Corp. and Visa International Inc. executive William Boardman. BofA’s board has been under intenswe scrutiny in recent months as the bank sufferecd through asharp stock-price decline after acquiring Merrill Lynch & Co.
The Charlotte-based bank also has received $45 billio n in taxpayer aid. At the bank’s annuakl meeting in late April, shareholderxs voted to strip Chief Executives Kenneth Lewis of his position asboardx chairman. Walter Massey was installed as the new chairmanb and has indicated the board needs to be Lewis remainsthe bank’s CEO and president.
Sunday, December 18, 2011
Dayton region's Swine Flu count climbs to 12 - The Business Review (Albany):
gorbunovabowiper.blogspot.com
The reported that as of noon June 10 ther were 47 confirmed cases of Swinre Fluin Ohio, up from 38 in the past two Clark County has the most cases of the countiea in the Dayton region. Of the six cases reported in Clarok County, Northridge Middle School students accounted for five of the And inMontgomery County, a Vandalia-Butler studentf became a confirmed case last while two Dayton Publivc Schools students were confirmed this There are four total cases in Montgomery County. There are 27,73y7 confirmed cases worldwide, according to the , with 74countriesa having at least one There have been 141 deaths confirmed caused by SwinwFlu worldwide, according to the WHO. The U.S.
has the most with 13,217 confirmed cases. There are cases now in all 50 stateasplus Washington, D.C., and Puerto Rico, accordiny to the federal . There have been 27 confirmede deaths inthe U.S. Butler County 2 (30-year-old male, 13-year-old female)Clarj County – 6 (15-year-old 25-year-old male, 12-year-old 15-year-old female, 13-year-old male, 14-year-old male) Cuyahoga County – 6 (41-year-old female, 9-year-old 14-year-old female, 14-year-old female, 13-year-olr male, 14-year-old male) Franklin County – 16 (31-year-old 33-year-old male, 18-year-old male, 20-year-old female, 19-year-old female, 21-year-olc male, 20-year old male, 22-year-olx female, 23-year-old female, 19-year-old male, 11-year-old 13-year-old female, 35-year-old female, 44-year old male, 8-year-olsd male, 41-year-old male) Lawrence County – 2 (2-year-olfd male, 8-month-old male) Montgomery Countty – 4 (16-year-old male, 13-year-old female, 9-year-old female, 17-year-ol d female) Cuyahogaw County – 2 (20-year-old female, 16-year-old female)
The reported that as of noon June 10 ther were 47 confirmed cases of Swinre Fluin Ohio, up from 38 in the past two Clark County has the most cases of the countiea in the Dayton region. Of the six cases reported in Clarok County, Northridge Middle School students accounted for five of the And inMontgomery County, a Vandalia-Butler studentf became a confirmed case last while two Dayton Publivc Schools students were confirmed this There are four total cases in Montgomery County. There are 27,73y7 confirmed cases worldwide, according to the , with 74countriesa having at least one There have been 141 deaths confirmed caused by SwinwFlu worldwide, according to the WHO. The U.S.
has the most with 13,217 confirmed cases. There are cases now in all 50 stateasplus Washington, D.C., and Puerto Rico, accordiny to the federal . There have been 27 confirmede deaths inthe U.S. Butler County 2 (30-year-old male, 13-year-old female)Clarj County – 6 (15-year-old 25-year-old male, 12-year-old 15-year-old female, 13-year-old male, 14-year-old male) Cuyahoga County – 6 (41-year-old female, 9-year-old 14-year-old female, 14-year-old female, 13-year-olr male, 14-year-old male) Franklin County – 16 (31-year-old 33-year-old male, 18-year-old male, 20-year-old female, 19-year-old female, 21-year-olc male, 20-year old male, 22-year-olx female, 23-year-old female, 19-year-old male, 11-year-old 13-year-old female, 35-year-old female, 44-year old male, 8-year-olsd male, 41-year-old male) Lawrence County – 2 (2-year-olfd male, 8-month-old male) Montgomery Countty – 4 (16-year-old male, 13-year-old female, 9-year-old female, 17-year-ol d female) Cuyahogaw County – 2 (20-year-old female, 16-year-old female)
Friday, December 16, 2011
William Boyd Printing site sold for $1.3M - Baltimore Business Journal:
uqyvemiwu.wordpress.com
Ltd., an affiliate of Cos. in Clifton closed on the $1.3 million purchase on June 3. Cass Hill intendsw to convert theformer 1.3-acre industrial site at 39-49 Sheridanj Ave. into an office/retail/residential project. The property is locate d behindthe & Suites on Chapel Street, near the heart of the city’ s entertainment district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbergof /Albany. Marc H. president of Cass Hill Development Cos.
, couldn’t be reached for Cass Hill owns severalproperties downtown, including a 30,000-square-foot office building on Monroe Streef across from the former printing Boyd Printing filed for Chapter 11 bankruptcy protection in September 2005. A federao bankruptcy judge in March 2008 approved the sale of the buildings to help satisfythe company’ s debts. Some of the company’s assets were purchaserd by Carl Johnson, an officer at Boyd Printing, who openefd a separate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzlexd before Cass Hill signed a purchas contractlast year.
Ltd., an affiliate of Cos. in Clifton closed on the $1.3 million purchase on June 3. Cass Hill intendsw to convert theformer 1.3-acre industrial site at 39-49 Sheridanj Ave. into an office/retail/residential project. The property is locate d behindthe & Suites on Chapel Street, near the heart of the city’ s entertainment district. Tony Sabatino of represented the Cass Hill was represented by Eileen Lindbergof /Albany. Marc H. president of Cass Hill Development Cos.
, couldn’t be reached for Cass Hill owns severalproperties downtown, including a 30,000-square-foot office building on Monroe Streef across from the former printing Boyd Printing filed for Chapter 11 bankruptcy protection in September 2005. A federao bankruptcy judge in March 2008 approved the sale of the buildings to help satisfythe company’ s debts. Some of the company’s assets were purchaserd by Carl Johnson, an officer at Boyd Printing, who openefd a separate corporation, Inc., in Previous deals for the Sheridan Avenue property fizzlexd before Cass Hill signed a purchas contractlast year.
Wednesday, December 14, 2011
Gates Foundation, MDC give $1M grant - Boston Business Journal:
uvepexatawus.blogspot.com
Valencia will get $743,000 over threes years to create a centralize dremedial program, used across four campuses. It plans to aligh high school, remedial and college-level standards, expand its remedial learning and embed reading skills into remedial math The grants, announced June 22, will supporg remedial programs developed by Valencia throughn Achieving the Dream: Community Colleges Count, a multiyear nationalo initiative aimed at increasing college graduatiobn rates among disadvantaged students. The state will get also get $300,00 over three years to collaboratewith K-12 to reduce the need for remedial education.
Connecticut, Ohio, Texas and Virginiwa also got the funding, whicu will be used to develop new policies acceleratingbthe states’ remedial education programs. The Florida grantzs are part ofa $16.5 million effort to improv e remedial education at community colleges in five states, reachintg about 45,000 students nationwide. Four states and 14 otherf colleges received similar Gates grants for thei r Achieving theDream program. Each community colleges will receive $743,000 over threee years to expandits programs. Luminsa Foundation for Education has alsocommittes $1.
5 million to this initiative for evaluation and About 375,000 Florida degree-seeking students annually attene a local cmmunity college, with nearly 40 percengt of them taking remediap classes to build basic academic skills. Nationakl studies have shown nearly two-thirds of those takinhg remedial classesnever graduate, but successful programs at severa l colleges demonstrate these numbers can be
Valencia will get $743,000 over threes years to create a centralize dremedial program, used across four campuses. It plans to aligh high school, remedial and college-level standards, expand its remedial learning and embed reading skills into remedial math The grants, announced June 22, will supporg remedial programs developed by Valencia throughn Achieving the Dream: Community Colleges Count, a multiyear nationalo initiative aimed at increasing college graduatiobn rates among disadvantaged students. The state will get also get $300,00 over three years to collaboratewith K-12 to reduce the need for remedial education.
Connecticut, Ohio, Texas and Virginiwa also got the funding, whicu will be used to develop new policies acceleratingbthe states’ remedial education programs. The Florida grantzs are part ofa $16.5 million effort to improv e remedial education at community colleges in five states, reachintg about 45,000 students nationwide. Four states and 14 otherf colleges received similar Gates grants for thei r Achieving theDream program. Each community colleges will receive $743,000 over threee years to expandits programs. Luminsa Foundation for Education has alsocommittes $1.
5 million to this initiative for evaluation and About 375,000 Florida degree-seeking students annually attene a local cmmunity college, with nearly 40 percengt of them taking remediap classes to build basic academic skills. Nationakl studies have shown nearly two-thirds of those takinhg remedial classesnever graduate, but successful programs at severa l colleges demonstrate these numbers can be
Monday, December 12, 2011
Companies linking up to insure themselves - San Francisco Business Times:
llrx-royce.blogspot.com
Under this model, groups of similar businesses joinforces -- under the auspices of a risk-managemeny company -- to pool resources and self-insure againsft comp-related risks, in effecyt forming the equivalent of a mutuaol insurance company. This allows medium-sized businessez to cover themselves the way giant enterprises have long donein California. More than 25 such groupsd have formed in California since January after the approach wonregulatory approval.
One of the largesty is Compensation Risk Managers of a unitof Hamilton, Bermuda-based It managesz six industry programs in the Golden for auto dealers, bankers, contractors, health-care companies such as skille d nursing facilities and hospitals, plastifc manufacturers and vintners. Thousands of companies are members, includiny nearly 700 in one restaurant industrugroup alone, but exact numbers aren'tt available. The CRM-managed winery group got off the ground inAugusr 2005, with four core including Sonoma's and Healdsburg's , according to David Ferrari-Carano's controller. It's now up to 23 wineriezs with roughly $2 millionn in annual workers' comp premiums.
"It has exceeded The group is performing very saidPeggy Phelan, Cline Cellars' director of operations and a founding boarrd member of the winery Among the biggest benefits are rate which takes participants outside of the workers ' comp industry's notorious boom-bust cycle, and having an equity interest in the group' s performance. "That's been a real plus," Phelamn said, since any surplus premiums not used to pay claim belong to theparticipatinh companies. That provides a strong incentive to implementsafety programs, she since all members see regular reports on the group's performance and any laggardds soon become obvious.
The winery group's boarxd reviews any comp claimover $10,000, to make sure that all participant s are maintaining strong safety The model only works if all member s of the group meet high underwritinyg standards -- a weak link can creatd losses for the entire group sinced members can be held liable for others ' claims. That's why professional risk-management services are neededf to safely embark on such a project and why currenrt group board members can acceptt or reject any potential new Losing steam?
As of earluy December, CRM had operations in three states, California, New York and including managing self-insured groups that include an estimatedc 425 individual companies in the six California industry Its services are sold through independengt brokers, and must follow guidelines from the state Departmenft of Industrial Relations, which regulates self-insured groupxs and individual self-insured companies through its Self Insurances Plans unit. CRM Holdings, which operates the California unit, recently purchased , a San Francisco-basec workers' comp carrier, giving it anothee finger in thelocal workers' comp pie.
after that acquisition, publicly tradedx CRM Holdings has 250 saidChet Walczyk, its COO, including 80 full-time employees employed by Majestic. For the fiscal year endefd Sept. 30, CRM managed $72.3 millio in aggregate premium revenuein California, up from $64 millio n the prior year, but just a drop in the bucket in the state'zs $21.4 billion comp market, as of year-end 2005. The companhy expects to have managed premiujm totals ofabout $200 million for California and New York in but isn't breaking out the California But it gained 130 new employerd members last fiscal year, and saw its Californiaq premium revenue under management jump 55 percent.
Other management companies in this nicheinclude , , CHSI and , accordint to Mark Johnson, who heads the DIR's self insurancee program. Other industry niches served by self-insured groups include beverags distributors, farmers, private truckers, credit unions, golf nonprofit organizations andindependent Still, group self-insurance is becoming a harded sell for some potential Bay Area participants. Several localk brokers contacted by the Business Times said interes t in this approachis waning, given perceivedr liability risks and the dramatix recent rate drops offered by traditional workers' comp insurers.
"There's interest, but not as much as there a year ortwo ago, said Pete vice president at the Fremont-based brokerage. Even so, Alexandetr said he represents 20 auto dealefr clients ina self-insured groupo and all of them have elected to renew. "It'ds still the most competitive product out he said. "It gives businesds owners controlover claims, and also the potentialp to receive dividends" from premiums that aren'yt paid out in James Carter, area president and partner at Burlingame'sa brokerage, said the model workds best for organizations whose annual comp premiumd are more than $50,000 but less than abouy $1.2 million.
Those with larger exposures are typicallyy better off seekingindividual self-insurance options. But group self-insurance can be a great way for well-managed employers in that rangs to control their risks and reapthe rewards, he said -- so much so that companiesa that exit the traditional workers' comp "roller coaster" in this way rarely
Under this model, groups of similar businesses joinforces -- under the auspices of a risk-managemeny company -- to pool resources and self-insure againsft comp-related risks, in effecyt forming the equivalent of a mutuaol insurance company. This allows medium-sized businessez to cover themselves the way giant enterprises have long donein California. More than 25 such groupsd have formed in California since January after the approach wonregulatory approval.
One of the largesty is Compensation Risk Managers of a unitof Hamilton, Bermuda-based It managesz six industry programs in the Golden for auto dealers, bankers, contractors, health-care companies such as skille d nursing facilities and hospitals, plastifc manufacturers and vintners. Thousands of companies are members, includiny nearly 700 in one restaurant industrugroup alone, but exact numbers aren'tt available. The CRM-managed winery group got off the ground inAugusr 2005, with four core including Sonoma's and Healdsburg's , according to David Ferrari-Carano's controller. It's now up to 23 wineriezs with roughly $2 millionn in annual workers' comp premiums.
"It has exceeded The group is performing very saidPeggy Phelan, Cline Cellars' director of operations and a founding boarrd member of the winery Among the biggest benefits are rate which takes participants outside of the workers ' comp industry's notorious boom-bust cycle, and having an equity interest in the group' s performance. "That's been a real plus," Phelamn said, since any surplus premiums not used to pay claim belong to theparticipatinh companies. That provides a strong incentive to implementsafety programs, she since all members see regular reports on the group's performance and any laggardds soon become obvious.
The winery group's boarxd reviews any comp claimover $10,000, to make sure that all participant s are maintaining strong safety The model only works if all member s of the group meet high underwritinyg standards -- a weak link can creatd losses for the entire group sinced members can be held liable for others ' claims. That's why professional risk-management services are neededf to safely embark on such a project and why currenrt group board members can acceptt or reject any potential new Losing steam?
As of earluy December, CRM had operations in three states, California, New York and including managing self-insured groups that include an estimatedc 425 individual companies in the six California industry Its services are sold through independengt brokers, and must follow guidelines from the state Departmenft of Industrial Relations, which regulates self-insured groupxs and individual self-insured companies through its Self Insurances Plans unit. CRM Holdings, which operates the California unit, recently purchased , a San Francisco-basec workers' comp carrier, giving it anothee finger in thelocal workers' comp pie.
after that acquisition, publicly tradedx CRM Holdings has 250 saidChet Walczyk, its COO, including 80 full-time employees employed by Majestic. For the fiscal year endefd Sept. 30, CRM managed $72.3 millio in aggregate premium revenuein California, up from $64 millio n the prior year, but just a drop in the bucket in the state'zs $21.4 billion comp market, as of year-end 2005. The companhy expects to have managed premiujm totals ofabout $200 million for California and New York in but isn't breaking out the California But it gained 130 new employerd members last fiscal year, and saw its Californiaq premium revenue under management jump 55 percent.
Other management companies in this nicheinclude , , CHSI and , accordint to Mark Johnson, who heads the DIR's self insurancee program. Other industry niches served by self-insured groups include beverags distributors, farmers, private truckers, credit unions, golf nonprofit organizations andindependent Still, group self-insurance is becoming a harded sell for some potential Bay Area participants. Several localk brokers contacted by the Business Times said interes t in this approachis waning, given perceivedr liability risks and the dramatix recent rate drops offered by traditional workers' comp insurers.
"There's interest, but not as much as there a year ortwo ago, said Pete vice president at the Fremont-based brokerage. Even so, Alexandetr said he represents 20 auto dealefr clients ina self-insured groupo and all of them have elected to renew. "It'ds still the most competitive product out he said. "It gives businesds owners controlover claims, and also the potentialp to receive dividends" from premiums that aren'yt paid out in James Carter, area president and partner at Burlingame'sa brokerage, said the model workds best for organizations whose annual comp premiumd are more than $50,000 but less than abouy $1.2 million.
Those with larger exposures are typicallyy better off seekingindividual self-insurance options. But group self-insurance can be a great way for well-managed employers in that rangs to control their risks and reapthe rewards, he said -- so much so that companiesa that exit the traditional workers' comp "roller coaster" in this way rarely
Friday, December 9, 2011
Buffalo unemployment rate soars to 9% - Business First of Buffalo:
yvejodo.wordpress.com
The state reported the unemployment rate jumped to 9 percenglast month, compared with 6.3 percent in Januaryu 2008 and 7.1 percent in December. According to statistics datinvg backto 1990, the previous monthly high was 8.8 percen in February 1992. The revised figures for the year-over-yeafr period from January 2008 to January 2009 were released The number of nonfarm jobs locallyy has decreasedby 4,600, or 0.9 percent, the report Also, this is only the sixt h time in that span that unemployment in the Buffalk area has topped 8 percent. The downward spiral is beiny felt across the state as unemployment roseto 5.4 percent for all of 2008 the highest annual level since 2004. Gov.
David Paterson, wrappingy up two days of meetings in the Buffalo noted morethan 125,000 New Yorkers have lost their jobs in the last six months. “These numbers clearly demonstrate what wealready know: New York is at the epicentere of this global fiscal and the worst is yet to come," Patersobn said, noting that almost half a million New Yorkere are collecting unemployment benefits. Rochester’s private-sector job count was relativelu flat in thepast year, dropping by 400, or 0.1 That metro area’s unemployment rate was 8 percent in Januargy 2009, compared to 5.7 percent in January 2008 and 6.7 percentt in December of last year.
Among othedr Upstate New York metropolitan Albanylost 6,400 private-sector jobs in the past a fall of 1.5 percent, with an unemploymentt rate of 7.1 percent. Syracuse was down 2,000 such jobs, or 0.8 percent, while the jobless rate was 8.3 percent. Glens Fallw had the highest unemployment rateat 9.3 One bit of good news was founsd in a separate report. The New York Employeee Confidence Indexrebounded 9.6 points to 45.5 in January, accordinyg to the latest (Corp.) Employment The monthly survey of New York workers, conducted by Rochester-baser , shows that more workerxs are confident in their ability to find a new job.
nearlg half (48 percent) of workera surveyed reported that they were confident in theirr ability to find anew job, an increase of 15 percentage points from December. slightly more workers (10 believe more jobs are available, a five-percentage-point increase from the previous month. 65 percent of workerzs are confident in the future of theircurrenyt employer, an increase of six percentage pointsx from December.
The state reported the unemployment rate jumped to 9 percenglast month, compared with 6.3 percent in Januaryu 2008 and 7.1 percent in December. According to statistics datinvg backto 1990, the previous monthly high was 8.8 percen in February 1992. The revised figures for the year-over-yeafr period from January 2008 to January 2009 were released The number of nonfarm jobs locallyy has decreasedby 4,600, or 0.9 percent, the report Also, this is only the sixt h time in that span that unemployment in the Buffalk area has topped 8 percent. The downward spiral is beiny felt across the state as unemployment roseto 5.4 percent for all of 2008 the highest annual level since 2004. Gov.
David Paterson, wrappingy up two days of meetings in the Buffalo noted morethan 125,000 New Yorkers have lost their jobs in the last six months. “These numbers clearly demonstrate what wealready know: New York is at the epicentere of this global fiscal and the worst is yet to come," Patersobn said, noting that almost half a million New Yorkere are collecting unemployment benefits. Rochester’s private-sector job count was relativelu flat in thepast year, dropping by 400, or 0.1 That metro area’s unemployment rate was 8 percent in Januargy 2009, compared to 5.7 percent in January 2008 and 6.7 percentt in December of last year.
Among othedr Upstate New York metropolitan Albanylost 6,400 private-sector jobs in the past a fall of 1.5 percent, with an unemploymentt rate of 7.1 percent. Syracuse was down 2,000 such jobs, or 0.8 percent, while the jobless rate was 8.3 percent. Glens Fallw had the highest unemployment rateat 9.3 One bit of good news was founsd in a separate report. The New York Employeee Confidence Indexrebounded 9.6 points to 45.5 in January, accordinyg to the latest (Corp.) Employment The monthly survey of New York workers, conducted by Rochester-baser , shows that more workerxs are confident in their ability to find a new job.
nearlg half (48 percent) of workera surveyed reported that they were confident in theirr ability to find anew job, an increase of 15 percentage points from December. slightly more workers (10 believe more jobs are available, a five-percentage-point increase from the previous month. 65 percent of workerzs are confident in the future of theircurrenyt employer, an increase of six percentage pointsx from December.
Wednesday, December 7, 2011
The Multilateralist: Reconsidering Bolton at the UN - Foreign Policy (blog)
ysynut.wordpress.com
The Multilateralist: Reconsidering Bolton at the UN Foreign Policy (blog) Putative GOP frontrunner Newt Gingrich made waves today by announcing that he would appoint John Bolton--the bete noire of internationalists--as his Secretary of State. That announcement got all the expected reactions. Over the years, Bolton has become ... |
Monday, December 5, 2011
Prosecutor: NJ man weighed down car seat with tire iron, then threw daughter ... - Washington Post
ukatekexo.wordpress.com
The Star-Ledger - NJ.com | Prosecutor: NJ man weighed down car seat with tire iron, then threw daughter ... Washington Post FREEHOLD, NJ â€" A New Jersey man accused of killing his 2-year-old daughter weighed her car seat down with a car jack before throwing it into a creek with the child still strapped inside, a prosecutor said Monday. The child was “awake, . .. Prosecutor: Morgan Weighted Seat With Car Jack Prosecutor: NJ man weighed down toddler's car seat with car jack to ensure death Prosecutor: NJ Man Threw Girl's Car Seat In Creek |
Saturday, December 3, 2011
Thursday, December 1, 2011
Some industries see higher sales taxes as better fix - bizjournals:
qalymeled.wordpress.com
Some of the businesses that back Brewer’s plan don’t want new taxesa imposed specifically on them if a broader sales tax increase is not Business lobbyists and those familiar with the budget issues say othetr alternatives couldhit utilities, alcohol distributors and retailers with new taxews to help close the deficit. Vice President Martim Shultz saidthe Phoenix-based parent of supports Brewer’ds budget plan because the statwe needs to find new revenue to avoidd further cuts to education and health programs.
“An increas e of some kind of revenue is necessary to clossthis deficit,” Shultz said, adding that could includee a 1-cent state sales tax increase or expandinv sales taxes to personal services, whichu currently are not taxed. However, APS and Pinnacle West opposde a Democratic proposalimposinhg $233 million in new taxes on nonrenewable energy production and consumption. Shultz said utilityy consumers already are subject tosales taxes, and Pinnacle West is against utility-specific The Brewer tax push is coupled with spending cuts and would alloq the Legislature to curb voter-mandated spendingv to help close a $3 billion budget defici for fiscal 2010 and equally large shortfallx expected for the next few years.
Some proposals at the Arizonwa Capitol look to othetr new taxes to help solvrethe state’s financial crisis. wine and distilled spirits distributors also coulx face tax increases to help deal withthe deficit, especiallyt if Brewer’s sales tax plan fails. has floated the idea of raisinbthe state’s 16-cents-per-gallon beer tax, 84-cents-per-gallon wine tax and $3-per-gallon liquor tax to pay for children’s and indigentr health care. The beer and wine industry opposedr PCH’s effort to place a tax increasre on the2008 ballot. PCH pulled back from that but a similar alcohol tax increase could emergs as a way to deal withbudget deficits.
Shultzz said the fiscal 2011 deficit couldctotal $4 billion. Doug Yonko, Hensley’s vice president for communications, decline d to comment on where thePhoenix Anheuser-Busch Co. distributoer stands on Brewer’s sales tax push. He referreed questions to the . “Ths Beer and Wine Distributors of Arizona has not takehn a position on atax increase, becausee there’s been no specific proposal by the governor or Republica legislative leadership on that subject,” said Director Stevde Barclay.
Some business and political consultants sayliquor distributors, utilities and hospitals are pushing for various businese groups and chambers of commerce to back a $1 billion sales tax increase. Don lobbyist for the , said the industry groulp opposes new taxeson alcohol, but woul d not fight a broader salea tax increase. Steve Voeller, president of the , which opposes Brewer’sd tax hike, said utilities, hospitale and beverage distributors are prominentf among business groupsbacking Brewer’s plan. business organizations are free to advocatre whateverthey want.
We just think it’d more than a little awkward to support a tax increase on the one hand and a spendingg hike onthe other,” said Voeller, referring to GPEC and othedr business groups that favor solar tax breaks and salexs tax increases. The East Valley Partnership, economic group and are amongf thosesupporting Brewer’s budget and tax plans. APS and are majo sponsors of thosethree groups, as are hospitals and Arizon State University. SRP spokesman Jeff Lane said his utilit y had not taken a stance on Brewert budget andtax plans.
Hospitale worry that without the tax budget fixes will hurt health reimbursements to hospitals for indigent and the Arizona Health Care CostContainmentr System, the state’s Medicaid CEO John Rivers said hospitals are open to sale s tax and other revenue streams to help avoird what could be “devastating” cuts to healtn care programs. However, he opposes Brewer’a call for voters to approve a measurr that would allow the Legislature tocut voter-mandated spendinbg on education and health care. Pinnacle West Capital Corp.
: Arizona Licensefd Beverage Association: Beer and Wine Distributors of Arizona FreeEnterprise Club:
Some of the businesses that back Brewer’s plan don’t want new taxesa imposed specifically on them if a broader sales tax increase is not Business lobbyists and those familiar with the budget issues say othetr alternatives couldhit utilities, alcohol distributors and retailers with new taxews to help close the deficit. Vice President Martim Shultz saidthe Phoenix-based parent of supports Brewer’ds budget plan because the statwe needs to find new revenue to avoidd further cuts to education and health programs.
“An increas e of some kind of revenue is necessary to clossthis deficit,” Shultz said, adding that could includee a 1-cent state sales tax increase or expandinv sales taxes to personal services, whichu currently are not taxed. However, APS and Pinnacle West opposde a Democratic proposalimposinhg $233 million in new taxes on nonrenewable energy production and consumption. Shultz said utilityy consumers already are subject tosales taxes, and Pinnacle West is against utility-specific The Brewer tax push is coupled with spending cuts and would alloq the Legislature to curb voter-mandated spendingv to help close a $3 billion budget defici for fiscal 2010 and equally large shortfallx expected for the next few years.
Some proposals at the Arizonwa Capitol look to othetr new taxes to help solvrethe state’s financial crisis. wine and distilled spirits distributors also coulx face tax increases to help deal withthe deficit, especiallyt if Brewer’s sales tax plan fails. has floated the idea of raisinbthe state’s 16-cents-per-gallon beer tax, 84-cents-per-gallon wine tax and $3-per-gallon liquor tax to pay for children’s and indigentr health care. The beer and wine industry opposedr PCH’s effort to place a tax increasre on the2008 ballot. PCH pulled back from that but a similar alcohol tax increase could emergs as a way to deal withbudget deficits.
Shultzz said the fiscal 2011 deficit couldctotal $4 billion. Doug Yonko, Hensley’s vice president for communications, decline d to comment on where thePhoenix Anheuser-Busch Co. distributoer stands on Brewer’s sales tax push. He referreed questions to the . “Ths Beer and Wine Distributors of Arizona has not takehn a position on atax increase, becausee there’s been no specific proposal by the governor or Republica legislative leadership on that subject,” said Director Stevde Barclay.
Some business and political consultants sayliquor distributors, utilities and hospitals are pushing for various businese groups and chambers of commerce to back a $1 billion sales tax increase. Don lobbyist for the , said the industry groulp opposes new taxeson alcohol, but woul d not fight a broader salea tax increase. Steve Voeller, president of the , which opposes Brewer’sd tax hike, said utilities, hospitale and beverage distributors are prominentf among business groupsbacking Brewer’s plan. business organizations are free to advocatre whateverthey want.
We just think it’d more than a little awkward to support a tax increase on the one hand and a spendingg hike onthe other,” said Voeller, referring to GPEC and othedr business groups that favor solar tax breaks and salexs tax increases. The East Valley Partnership, economic group and are amongf thosesupporting Brewer’s budget and tax plans. APS and are majo sponsors of thosethree groups, as are hospitals and Arizon State University. SRP spokesman Jeff Lane said his utilit y had not taken a stance on Brewert budget andtax plans.
Hospitale worry that without the tax budget fixes will hurt health reimbursements to hospitals for indigent and the Arizona Health Care CostContainmentr System, the state’s Medicaid CEO John Rivers said hospitals are open to sale s tax and other revenue streams to help avoird what could be “devastating” cuts to healtn care programs. However, he opposes Brewer’a call for voters to approve a measurr that would allow the Legislature tocut voter-mandated spendinbg on education and health care. Pinnacle West Capital Corp.
: Arizona Licensefd Beverage Association: Beer and Wine Distributors of Arizona FreeEnterprise Club:
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