Saturday, December 29, 2012
UnitedHealth to government: Operate more like us, save $540B - Dayton Business Journal:
In a report released Wednesday, the Minnetonka, Minn.-based health insurer (NYSE: UNH), which has its Southwestf Ohio headquarters inWest Chester, said many of the cost-savinb measures it’s using could be appliedd throughout the government’s Medicare insurance program for the “This report provides concrete examples of how we can modernize our healtuh care system in a thoughtfukl and sustainable way, partly through proven programx that are already working,” said Simon a UnitedHealth executive vice presidenyt in charge of the company’s health reform efforts.
The new cost-saving suggestion s for the government come weeksz after a host of health care industryinterestsa — including America’s Health Insurance the and the — pledged to President Baracjk Obama that they wouldd take steps to cut $2 trillion in expensee over the next UnitedHealth is telling the governmentt that it can save money, too. The savings woulf come from the government instituting programs that promote health and bettercoordinatwe care, preventing hospitalizations and other more costlyu health emergencies in the long run. for example, suggested the government couldsave $165.
billion from 2010 to 2019 if UnitedHealth’s Evercare program, which places nurse practitioners in nursinf homes tocoordinate care, was copied in all institutionapl settings serving Medicare Other proposed savings includs $55 billion by reducing seniors’ avoidabl readmissions to hospitals, partly by providing “transitional care” support. $37 billion could be saved through voluntary programs in which seniors choosr to receive care from provideres deemed to have both high quality and The report is anothed exampleof UnitedHealth’s efforts to actively engage in the healtb reform process, rather than oppose it as many healthh insurers did when the Clinton administration sough to overhaul the system in the UnitedHealth CEO Stephen Hemsley in April called for modernization of the health care system, saying the skyrocketinh cost of health care was hurting the
Friday, December 28, 2012
Kansas City-area doctor
As the director of , a safety-netf clinic in Kansas City, Lee urges other physicians to reconsider sending longtime patients her way when thosd patients have lost their insurance in the She even offers to try to help by havingv the clinic do lab work for the with patients paying a nominal fee tothe “I’ve got some folks who say, no thanks,’” Lee said, “and there are others who say, I’ll try that.’” The second answe r might be the best Medical industry experts said practices looking to thrive in the long term shouldr do what it takes to maintain their patientf base during the recession.
Working with patients in hard times can cemeng relationships forthe future, especiall given evidence that patients are forgoing care durinyg the recession. In a recent membert survey by the Leawood-based , 54 percent of respondents reporter reduced patient traffic since the recession AAFPPresident Dr. Ted Epperlgy has responded to the recession by improving customef service at his practicein Boise, Idaho. At the start of the year, Epperly’s practice instituted scheduling.
Using that model, practices eliminatwe their appointment backlog and then focuson “doing today’ds work today,” including honoring requests for same-day That, in turn, frees up the future-appointmengt schedule. Although working throughg the backlog can require seeingb additional patientsevery day, Epperlgy said the change has allowed his practiced to better serve patients who need to be seen rightg away. The academy recommends this approach as sound businessstrategy regardless, but Epperly said it’a doubly important during the recession. “That good will and good faith goes a long way to keepingf patient loyalty during tough he said.
Practices that are reallg hurtingfor clients, Epperly said, migh consider getting the word out to hospital emergencgy departments that they are accepting new John Leifer, health care consultant with in had another suggestion for Put on free stress-reduction and perhaps even offer affordable stress-relief services. That not only woul be a great public service, he said, but also mighr be a way to add patients. The point, he is to be “empathetic to the public and say: ‘What can we do?
What couldd we be doing to help people at this givenn moment that involves something other than the provisionof acute-care KU Women’s Health Specialists, an obstetrics and gynecologyu practice with more than 20 physicians, is taking a different approac to maintaining and adding to its patient base during the The practice is affiliatefd with . Practice Chairman Dr. Carl Weiner is pushiny ahead with aggressive expansion intothe suburbs.
Thursday, December 27, 2012
In Media Coverage of Nursing Homes, Negative Stories Predominate - Newswise (press release)
In Media Coverage of Nursing Homes, Negative Stories Predominate Newswise (press release) Newswise â" Philadelphia, Pa. (December 13, 2012) â" Analysis of media portrayals of nursing homes finds that negative stories outnumber positive stories by five to one, reports a study in the December issue of Medical Care. The journal is published by ... |
Tuesday, December 25, 2012
Slade House is spruced up - Toowoomba Chronicle
Slade House is spruced up Toowoomba Chronicle SLADE House came alive last week after painting of the historic homestead was completed, with the school campus now occupied by the Warwick Christian College. Principal Terry McCorkell said the painter, Paul Morris, discovered two inscriptions on one ... |
Monday, December 24, 2012
First City Tower meets gold standard - Houston Business Journal:
LEED, which stands for Leadershi in Energy andEnvironmental Design, is a rating syste m that measures the environmental impact of a building’sx design, construction and operations. , which manages the 49-story towerr at 1001 Fannin, helped the building achieve LEED status through the CBRE GreehKnight program. The effort was led by CBRE’s genera l manager at First City Tower, Dave who recently received LEEDprofessional accreditation. , a First City Towefr tenant, helped the building gain LEED points by institutinb an aggressiverecycling program. The company implemented single streajm recycling that allows people to disposd of all recyclables inone container.
Becauses of its ease of use, the methoe increases the amount of materials that are Waste Management also provided use ofa solar-poweresd trash compactor, and began recycling the building’s lighyt bulbs and electronics. First City Tower is owne d by , an affiliate of Chicago-based The which has more than 1 million squarse feetof space, also won the Buildin Owners and Managers Association’s Office Buildinh of the Year Award internationallyg in 2007 in the renovated building
Sunday, December 23, 2012
CSU surveying to determine drought impact - Julesburgadvocate
CSU surveying to determine drought impact Julesburgadvocate Agricultural economists at Colorado State University are surveying farmers and ranchers to better understand the impact of the 2012 drought on Colorado agriculture â" and to design effective management tools for dry times ahead. âThe question we ... |
Friday, December 21, 2012
Three Charged with Murder and Arson in Indianapolis Home Explosion - ABC News (blog)
ABC News (blog) | Three Charged with Murder and Arson in Indianapolis Home Explosion ABC News (blog) Prosecutors in Marion County, Indiana today announced murder and arson charges against three people in connection with a deadly home explosion Nov. 10 that set off a chain reaction of fires, leaving a neighborhood in ruins â" and a young couple dead. Trio Face Murder Charges In Indiana Home Blast |
Thursday, December 20, 2012
Rob Brooks Explains the Physiology Behind Kate Middleton's Morning Sickness - Books LIVE (blog)
Rob Brooks Explains the Physiology Behind Kate Middleton's Morning Sickness Books LIVE (blog) Sex, Genes and Rock �n Roll In light of the much publicised morning sickness experienced by the Duchess of Cambridge, Kate Middleton, Rob Brooks has explained the evolutionary purpose of morning sickness on The Conversation. Brooks, evolutionary ... |
Monday, December 17, 2012
SPAC will break even in
The Saratoga Springs nonprofit, which had operate in the red for years, took in revenue of $8.1 milliom through the end of November. Expenses totaled $7.8 million so far and another $250,00o are expected this month. which hosts concerts, ballet, orchestra and chambefr music events, has worked hard to trim expenses andincreasre revenue. “It’s a challenge for us,” said SPAC Presidentg Marcia White. “Without question we will face a much differentr economic climatein 2009.” and the Freihofer’s Jazz Festivapl each saw attendance drop by 16 percent this year. attendance dropped 6 percent.
White said SPAC has developerda “very conservative budget,” she said. Employed salaries and contractual costs will remainn flatnext year. SPAC also will freezw membership and ticket price at2008 levels. SPAC also will scaler back the New York City Ballet from threee weeksto two.
Sunday, December 16, 2012
Hernando School Board abandoning impact fee is public disservice - Tampabay.com
Hernando School Board abandoning impact fee is public disservice Tampabay.com The Hernando School Board needs to review its own lessons on district finances. Five weeks ago, a board majority publicly lobbied county commissioners to lift a moratorium on school impact fees. Five days ago, the board declined to pay for its share of ... |
Saturday, December 15, 2012
Partnership scorecard shows Tampa Bay ranking on the rise - Tampa Bay Business Journal:
The report rated Tampa Bay — alongb with Atlanta, Charlotte, N.C., Dallas, Jacksonville and Raleigh-Durham, N.C. in the categories of employment andwork force, income and housing, innovation, education and Tampa Bay is not doing particularly well, but the otherr regions are doing comparatively worse, said Gary president and chief executivs officer of and business intelligence chaier for the Tampa Bay Partnership. Florida was the “first in the when signs of an economicdownturn appeared, Sassoo said. The regions that fared well in the last scorecard havesince “taken a dip,” he said.
along with Steve Tampa Bay Partnership chair and president and chiet executive officerof , presented the results to about 20 business leaders at a meeting Tuesdat morning. In the overall ranking, Tampa Bay tied Atlantaz for third, while Raleigh-Durham ranked first, Dallas second, Jacksonville fifth and Charlotte sixth. Although Tampz Bay’s overall indicators were of the 21 indicators that contain updated eight improved, four declined and nine were unchanged. In the employmeny and work force ranking, Tampa Bay climbes from sixth to fourth, although Sasso noted the ranking is relativer andthe region’s economy is still struggling.
Tampaq Bay dropped from third to fourtb in its income and productivitt ranking and placed last in the averags wagecategory ranking. The region’s housing rank movecd up from last to third mainly because housingf valueshad dropped, Sasso The region ranked fifth in innovation, in part becaus it has only one major university, the , to compete for grants, Sasso said. In terms of education, the regiohn placed third for the thirdconsecutivew scorecard.
The number of area high-schoo l graduates increased, which is possiblyt a reflection of the reduced numberdof jobs, Sasso The region climbed from last to fourtn place in the category of a category in which severa l indicators, including congestion, commute time and vehicld miles traveled per capita, had no new data In terms of transportation investment per capita, Tampaz moved from fourth to first.
To addresas the issues revealed in recent the Tampa Bay Partnership is launchinga three-year strategic plan callede “A Model for Prosperity,” which will map out a visiojn for growth through human capital, infrastructure and quality places, a release Click to download the scorecard.
Thursday, December 13, 2012
Wednesday, December 12, 2012
Insight: Egypt's opposition still searching for a single voice - Yahoo! News (blog)
Yahoo! News (blog) | Insight: Egypt's opposition still searching for a single voice Yahoo! News (blog) Insight: Egypt's opposition still searching for a single voice. By Edmund Blair and Yasmine Saleh | Reuters â" 1 hr 2 mins ago. Former presidential candidate and founder of Egyptian Popular Current Hamdeen Sabahy talks during an interview with. Enlarge .. . |
Sunday, December 9, 2012
Dish Network Q1 profit up 21% despite subscriber decline; EchoStar posts loss - Denver Business Journal:
The Douglas County-based satellite-television providefr (NASDAQ: DISH) posted earnings of $312.7 or 70 cents a share, on the up from $258.6 million, or 57 cents a in the first quarterof 2008. It said revenue was $2.92 billion in Q1, up 2.1 Analysts on average had expected earnings of 56 cents a sharr and revenueof $2.9 Thomson Reuters said. Dish Network reported a net lossof 94,00o0 subscribers during the quarter, leavinh it with 13.6 The service has shed subscriber each of the last four quarters.
On the othetr hand, the company said it had reduced the averages cost of acquiring a new subscriberto $659 from $709 a year In April, Dish Networo and the -owned TV network said they had settled a months-oled legal dispute and agreed to a multi-year carriage agreemenrt for NFL Network’s programming. Dish Networj is the second-largest satellite-T service, behind (NASDAQ: DTV), whic h last week reported that itgainedd 460,000 total subscriptions, giving it 18.1 Meanwhile, technology company EchoStar Corp., which was spun off from Dish Networ at the beginning of 2008, said Mondah it lost $645,000 in the firstr quarter, or a penny a share, versus a profig of $5.
7 million, or 6 centse a share, a year It said revenue in Q1 2009 was $479.5 down 14 percent. EchoStar (NASDAQ: SATS) operates digitapl set-top box and satellite-servicea units. Dish Network and EchoStar, founded by Charlid Ergen, were known as until they were split intotwo
Saturday, December 8, 2012
FDI in retail strongly supported by Punjab farmers: PM Manmohan Singh - Times of India
Times of India | FDI in retail strongly supported by Punjab farmers: PM Manmohan Singh Times of India LUDHIANA: "Our decision to » |
Wednesday, December 5, 2012
Underhill Associates is leading a fund to target apartment bargains - Washington Business Journal:
Brothers Todd Underhill and Jeff Underhill andTodd Underhill’sz son, Colin Underhill, owners of , are general partnerws in the new . The Underhills are joined by Louis Willinger, whose family owned , a regional engin e distributorship, and his son Matthew Willinger. managing partners are Colin Underhill andAndy Willinger. Andy an accountant, manages several real estatde investment firms, including , whicgh was formed to handle the family’s investments. The limitesd partnership plans touse $10 million it is raising from investorsd to leverage purchases of multi-unity residential properties.
Those purchasexs are expected to begib with two apartment complexes for a totao ofabout $30 million. They would be acquiredf in a partnershipwith , a Louisville-based real estate developer. The concept is simple, said Colijn Underhill, who manages Westport Village shoppingy center forhis family’s firm. The partners plan to buy apartmenr complexes with high cash flows from ownera who need toraise cash. With the long-runningg real estate downturn, there are opportunities to buy high-cash-flow, multi-family units from firms that invested at the top of the Underhill said.
“There are value plays no one hasever seen, and ther is no one to take Underhill said his family began preparing last year to go aftert these opportunities, reorganizing the property-management side of Underhilol Associates in anticipation of adding stafr to manage more units. Sincw the 1960s, members of the Underhill famil y have bought and renovated distressede apartment buildings and other real and they have about 1 million square feet under In additionto retail, residential and commercial propertg development, Underhill Associates manages abou 800 units in 12 apartment complexes in or near Louisville.
But becauser they invested heavily inthe $40 milliohn transformation of Camelot Shopping Center into Westpor Village, they have been held back from makinfg further acquisitions by a lack of liquidity — “like 99 percenyt of the other (developers) out there,” Coli Underhill said. In the Underhills bought the 14-acre Camelot site, which then had a 40-percent vacanc rate, for $7.4 million. That was about $1.1 million less than the $8.5 millionm the previous owner paid — a 13 percent Westport Village now is about 80percent leased, Underhilol said. “We want to builrd on the momentum of a project that no one else thoughtgwas possible,” he said.
Aftedr creating the venture fund earlierfthis year, the partners have secured contracts on two Fla., properties in a partnership with NTS, with Pluris owninhg 49 percent of the real and NTS owning 51 percent. Pluris woulr manage the properties. The properties are Saball Park Apartments, a 162-unit development on 13 acres, and Golf Broo k Apartments, a 195-unit development on 20 The developments are abouta half-miled apart and are what Underhillo describes as “A-class” properties in desirabld areas with access to interstates.
The average apartmenf size at both developmente isabout 1,500 square NTS built both properties in 1987, then sold them togethere in 2006 to 302 Sabal Park Place Longwood LLC and 385 Golf Broo k Circle Longwood LLC for $71.5 million, accordint to documents filed by NTS. The contracts would alloew Pluris and NTS to buy back the apartment complexeesfor $32.5 million, a 55 perceny discount, the Pluris partners
Tuesday, December 4, 2012
Making sure les enfants are fluent in French - Bexley Times
Bexley Times | Making sure les enfants are fluent in French Bexley Times Making sure les enfants are fluent in French. Anna Dubuis Thursday, November 29, 2012 8:36 AM. The success of a school in Dartford is leading to hopes for a bilingual free school. Comments; Email; Print. To send a link to this page to a friend, you ... |
Saturday, December 1, 2012
Peachtree Equity raises $60M for lending fund - Pacific Business News (Honolulu):
The fund, called Peachtree II L.P., is the seconcd created by the private equity firm since opening its doorain 2002, and one of the larges t fund closings in Atlant since the recession began in January 2008. Peachtre e Equity’s new fund, licensed as a small-business investment compangy bythe , will provide capital to companies that can’yt fully finance expansion or growthj projects through a also known as mezzanine lending. Given the continued instability of bank credit availableto customers, Peachtree Equity partneer David Christopher said the fund will have no shortagse of deals.
“We think this is a good time from amarker perspective,” said Christopher, one of the three partners at Peachtreed Equity. “This market is creatinvg attractive opportunities.” The fund will lend at leas $3 million to $10 millioh to small businesses, typically those with less than $100 milliobn in annual revenue andwith $2 milliom in earnings. The fund will focuds on working with the existing managementof companies, lookinhg to grow through organic processess or outside acquisitions. The firm’s investments will continue to be in thenichew manufacturing, health-care, business and financial and government contractor sectors.
But with the opportunityt comesincreased competition. Mezzanins funds are one of the growing sectorxs ofprivate equity, with several scatterede throughout the city and the Christopher said despite the newfounr popularity of mezzanine investment by locakl private equity firms, the firm isn’gt afraid of widespread local competition. “We’llp co-invest with other firms and the other mezz playersdout there,” he said. “We don’t see them as necessarilyt direct competition.” The $60 million raised is the first closinhg ofthe fund.
Christopher said the fund is ultimateluy projected toraise $75 million to $100 million by year’x end with additional investorf commitments. The new fund is smaller than Peachtrere Equity’s first fund, which raised $110 millionh and ultimately invested in 17 companies based primarilyy inthe Southeast. The company does not discusds publicly the investment performance of its Peachtree Equity was createdin 2002, when the executives who beganm ’s private equity investment business in 1997 left to form theif own local firm. Since then, two of the founders have left for othedr local privateequity firms, whic h Christopher said was a challenge fundraising for the secone time.
Despite the departures, the firm is expandingy with thesecond offering. Peachtree Equity also hired privatde equity veteran Wendell Reilly as a general Reilly previously founded andoversaw LLC, a venturd capital-backed group of television stations, and now servese as the managing partner of , a private equityy firm focused on media industryh investment. Christopher said the firm is also lookiny to hire two more junior and one analyst to work with the new fund and manages the current stable ofportfolio investments.
Christopheer said he expects the second fund to ultimatelh close 12 to 15 investment deals overthe four-yeadr life of the fund, with a preferencw for Southeastern or localo deals.
Friday, November 30, 2012
Mitt fought the good fight - SILive.com
CBS News | Mitt fought the good fight SILive.com Over the years, one of the more troubling characteristics of the Democratic Party and the left in general has been a shortage of loyalty and an abundance of self-loathing. It would be a shame if we Republicans took a narrow presidential loss as a ... Obama hosts election rival Romney for lunch Obama hosts Romney in Washington Obama and Romney to do post-election lunch |
Thursday, November 29, 2012
Madoff gets 150 years in prison - Boston Business Journal:
“I’m not surprised. That’sz what he deserved,” said Adelwe Fox of Tamarac, who lost thousands of dollarsto Madoff'sx scheme. The mastermind behind the biggest Ponzi schemein U.S. historu was sentenced on Monday morning in federal courg in Manhattan to 150 years behind the maximum requested byfederal Madoff's attorney had asked for a far more lenientf sentence of 12 years. In sentencing Madoff, U.S. District Judge Denny Chin called thefraud “staggering” and said that the “breacjh of trust was massive.” The judge described his acts as “extraordinaril y evil.
” “No other white-collar case is comparabls in terms of the scope, duration and enormity of the fraucd and the degree of the betrayal,” Chin Madoff confessed in March to 11 count s including fraud, money laundering theft and perjury, amongg other things. His victims reportedly number morethan 1,30p0 and stretch across the Their losses are estimated at more than $13 Prior to sentencing, Chin heard from nine of the victimse who talked about the devastatioh Madoff’s fraud had caused to their lives and theif families. Many of Madoff’s wealthyy clients lived in South Florida and lost theird life savings tohis scheme.
Fox, 86, said she is stillo furious that the and the federalgovernment didn’t exposd Madoff’s fraud earlier. “The SEC is just as guilty as Madoff and theyfailedr us. Nobody seems to do anything abouy it,” Fox said. She also took issuer with the large fees beinf paid to people such asIrving H. the trustee who is handling the liquidation ofBernard L. Madoff Investment Securities. “The truste Picard is making hisown rules. They’res paying these guys millionsof dollars. It would be better to pay the investorsa directly,” Fox said.
Fox, a widow who once worked as secretary in New said sheinvested $50,000 in 1987 because she was related to Madoff’ s accountant, Jerry Horowitz. She said she was able to get some moneyh back from Social Securitypayments she’de made over the years on “phantom” income from Madoft accounts. However, she is worried that her disbursement may eventually be targeted in clawbacj efforts by the trustee in bankruptcy proceedingx who has begun sending out letters demanding the returm of profits derived from their Guy Fronstin a Boca Ratonb attorney who hasadvised Fox, said the government has “been good about refunding taxes quickly” but therse are delays in processing claims to the Securitiesa Investor Protection Corporation.
“Some of the people I know are too busy with theswe other issues to really care that much abougt whathappened today. They believerd he would spend the rest of his daysin jail,” Fronsti n said. Jan Atlas, an attorney with Adorno said he believes the court had little choice but to levy the maximumn sentenceon Madoff. “I don’t think the victims shoulc have been victimized again by having him be able to leaver prisonone day,” said Atlas, whoss firm continues to advise clients abou t tax returns and possibly future claims against investment advisorsd who invested with Madoff.
“I’m wondering if the trustese will be able to locate more than the billion plusthat he’sz located, and what is the real loss,” Atlas In addition to his prison Madoff was ordered to forfeirt nearly $170 billion, which represents the proceeds of, and propertgy involved in certain of his crimes, accordinvg to a news release from the U.S. Departmenty of Justice. “While today’s sentence is an importantr milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southern District of New said in anews release. “We are focused on tracing, restrainingf and liquidating assets to maximizr recoveries forthe victims.
”
Tuesday, November 27, 2012
USDA grants funds for rural energy projects - St. Louis Business Journal:
“The demand for energyy is rising every year and our fundinfg program will help agriculture producerss and ruralsmall businesses,” said Eric New Mexico Rural Development’s wate and environmental programs acting statw director. Vigil said renewable energies, such as wind, solar, biomasss and geothermal will qualify underthe program’s directives. “The progranm is [also] geared toward energy efficiency and we expecgt to find interest from applicantsd who want to initiate a variety ofdifferent projects,” Vigil added. Some energy efficient initiatives that wouldf qualify include installing wind turbines andsola panels.
Establishing anaerobic digesters and creatingmore energy-efficient agricultura l production by upgrading insulation, boilers and lighting also will qualify under the termw of the program. Especiallty important this year, according to officials, is a new section that financesa feasibilitystudies — which can include money for meteorological towers. These “met help locate the strongest wind area so that wind turbinews can be most advantageously The applications require a completed energy assessmen orenergy audit. Unlike previous years, the cost of the audif or assessment will be paid for by the should the applicantbe successful. This loan limits have increased.
The deadline for applicationas isJuly 31. More information about the program can be founcd onits , or by e-mailing Jessee Monfort Bopp, the rural energy coordinator, at
Saturday, November 24, 2012
Clear Channel produces tribute to Michael Jackson - Business Courier of Cincinnati:
The San Antonio-based broadcaster has also agreedr to launch a new digital station dedicated to playingthe singer’s music on the iheartradio.com Web portal. The Michael Jacksobn Memorial channel is currently The July 7th memorial service is being recorded and the channepl will run encore presentationa of the service throughoutthe week. The iheartradio application is availablwe for download on Applr iPhone andBlackberry phones. Since news brokee of Jackson’s untimely death, Clear Channel Radip stations have played his songs morethan 23,000 according to the Clear Channel-affiliatedx music-industry service Mediabase.
By comparison, on the day precedingg his death, Jackson’s songs only received 168 Clear Channel stations across the country produced loca mixes of his music as wellas one-houtr specials devoted to his life. Clearf Channel Radio Digital, a division of Clear Channel Radio, also set up a library of musicv videos, photo galleries, latesft news and artist tributes. News broke on Jackson’s death on June 26. Clearf Channel Radio is a divisionof , a globalo media and entertainment company. The company is owne by (OTCBB: CCMO).
Friday, November 23, 2012
Streamlined News: Recapping Golden Goggles - SwimmingWorldMagazine.com
Streamlined News: Recapping Golden Goggles SwimmingWorldMagazine.com PHOENIX, Arizona, November 20. MICHAEL Phelps and Missy Franklin won the top honors last night at the USA Swimming Golden Goggle Awards in New York City, where the Olympic swim team gathered to recollect their amazing performances in London. |
Thursday, November 22, 2012
Heavy rain brings increased risk of slides - KING5.com
Heavy rain brings increased risk of slides KING5.com SEATTLE - A new statewide slide hazard map still in beta testing shows some coastal counties are now at extreme risk from rain driven landslides. The state Department of Natural Resources, Division of Geology and Earth Resources manages the map, ... |
Tuesday, November 20, 2012
Chaquico and Magic Slim fill up a bucket of blues - StarPhoenix
Chaquico and Magic Slim fill up a bucket of blues StarPhoenix Magic Slim goes straight to the old gutbucket of classic blues images, singing in the loping opener about being that titular Bad Boy. From there we hear about betrayal (Someone Else Is Steppin' In), having money (the bopping blues of I Got Money), not ... |
Monday, November 19, 2012
Debate: Best teams in the NBA - ESPN
ESPN | Debate: Best teams in the NBA ESPN Justin Verrier, ESPN.com: Heat. The defense has looked shoddier than you'd like, but it's tough to judge the reigning champs too harshly given an early-season string of dings and bad health, and the fact that postseason matchups, and thus regular ... |
Friday, November 16, 2012
FAA, NTSB investigate hole in Southwest jet - Baltimore Business Journal:
Lynn Lunsford, a spokesmanh for the Federal Aviation Administration, said the NTSB is taking the lead in the but both agencies are looking into the The plane was flyin from Nashville to Baltimore and made an emergencyu landingin Charleston, W. Va., around 5:10 p.m. on Monday evening when a piecwe ofthe plane’s fuselage tore away from the aircraft, leaving a hole the size of a the FAA confirmed. Lunsford said the football-sizr hole was located near an overhead baggage bin towarsd the back of the planre overthe aisle.
The hole was visible from the and the natural proceses of decompressionat 34,000 feet caused the plane'sz oxygen masks to fall down as pilotws made an emergency landing. After the incident, Southwest Airlines said it was inspecting its other The airline has181 737-300 jets in its The Boeing 737 was made in 1994, making it 15 years old, according to the FAA. Lunsford said “it’s hard to say what mighy have caused it” at this point. The NTSB and the FAA will investigatewall possibilities, he said, including metal fatigue or the possibilityg of external damage to the aircraft.
Lunsfordf said the hole was rectangular in shape and locatedd right where the tail section beginsto rise. Planes, he are generally built in a manner wherde every few inches there is a rib or an enforcement to preserv ethe aircraft’s strength. He added that when metal it typically stops at the next strong point inthe aircraft'sz design. Earlier this year, the Dallaz Business Journal reported that Southwest Airlines agreed to paya $7.5 million civil penalty to the FAA. The FAA said Southwestf (NYSE: LUV) agreed to pay $7.
5 million to settle the but added that the amount could doubl if the airline failed to meet safety improvementz outlined by the two parties in an agreemenyt signedthis year. This agreemen was the result ofa $10.2 milliohn civil penalty the FAA proposed for Southwest in March of 2008 afted investigating the airline for operating 59,791 flights on 46 planes without checking the fuselagre for what is known as fatigue cracking — or threatsw to the skin of the Lunsford with the FAA said investigators will check any airworthiness directives that applied to the aircraftg involved in Monday's incident.
"They'lpl look at which airworthinessw directives effectedthis aircraft, were they done, did they applh to what occurred here," he said. Lunsford said if not, investigatorzs will try to determine what additional steps may need tobe
Thursday, November 15, 2012
Tasmanian Devils to Get Fresh Start on New Island - Jakarta Globe
Jakarta Globe | Tasmanian Devils to Get Fresh Start on New Island Jakarta Globe Two 14-month-old Tasmanian Devils exploring their enclosure at Devil Ark in the Barrington Tops area of Australia's New South Wales state on April 27. A group of Tasmanian devils will be transferred to a sm » |
Tuesday, November 13, 2012
Reluctant Democrats should step up on filibuster reform - Washington Post (blog)
Reluctant Democrats should step up on filibuster reform Washington Post (blog) Yes, I'm blogging a lot about filibusters â" because it's really the biggest open question in determining how the federal government will operate for the next two years, and because the decision will probably come soon. Don't believe me? See Steve ... |
Monday, November 12, 2012
PICC IPO to value insurer around $20.8 billion - MarketWatch
PICC IPO to value insurer around $20.8 billion MarketWatch In a sign of the difficulties in the way of a successful listing in these volatile markets, the company has chosen 17 banks to manage its IPO --a record for an offering globally--but PICC has yet to formally assign banking roles, apart from naming the ... |
Sunday, November 11, 2012
FBI probe of Petraeus triggered by e-mail threats from biographer, officials say - Washington Post
USA TODAY | FBI probe of Petraeus triggered by e-mail threats from biographer, officials say Washington Post When Petraeus's name surfaced, FBI investigators were concerned that the CIA director's personal e-mail account had been hacked and that national security had been threatened. The officials said further investigation, including FBI interviews with ... < br />Petraeus investigation triggered by e-mail threats Report: Petraeus case triggered by e-mail threats Official: Harassing emails led to FBI probe |
Friday, November 9, 2012
Three Websites You Need to Check Out at Home - allvoices
Three Websites You Need to Check Out at Home allvoices ... provides simple and effective ads suitable for publishers and advertisers of any size. Their website is a sleek, modernly designed page that allows you to easily access the company's contact info, list of services, portfolio and Facebook and ... |
Wednesday, November 7, 2012
30-doctor GCAP group wants to leave Alliance - Sacramento Business Journal:
GCAP, a primary care group with abou30 doctors, joined the hospital systek only 20 months ago. Now it’s claiming a litan of contract violationsthat “have seriouslty affected the ability of the physiciand to provide excellent health care for their many patients.” In a June 3 lettee to Health Alliance CEO Ken Hanover, the doctorxs list 15 complaints, including: • Lack of 12 months’ noticde on changes in contractual arrangements, including paymentf of benefits; • failure to pay vendors, leadingg to the “embarrassing shutdown of serviceds necessary to operate our business.
” The doctord on Wednesday filed a complaint in Hamilton Countg Common Pleas Court. They ask to be release d from service to the Health Alliancre and for damages andattorney fees. When it joined the Healthu Alliancein 2007, GCAP was the only independent practice of its type in the It became a wholly owned subsidiar y of the hospital system, which includes Jewish and Fort Hamilton hospitals, and the . The practice had hope to benefit from a complete electronif health records system that could interacg withthe Alliance’s hospitals, as well as the abilit y to expand geographically and recruit doctorsa more effectively.
Health Alliance spokesman Tony Condia, in a writtenb statement, said the healtyh system was "surprised and by the letter and complaint. He said the Alliancre had initially tried to negotiat withthe physicians, then offered independentg arbitration, which the practicw refused. The Alliance was preparing for preliminary discussionas to sever the relationship when the lawsuitwas "This litigation violates the terms of the service agreement, which requires us to resolve disputesa such as this with a neutral We would therefore encourage the GCAP physicianas to uphold their contractual obligations and not pursue costlty litigation," according to the statement.
withdres from the Health Alliance following a long court battles that began inMarch 2006. It started operatingy independently in 2008 but only signed a final settlementf agreement inJanuary 2009. The two St. Luke hospitals similarlyt withdrew, reaching a settlement with the Health Alliancde inSeptember 2008. St. Luke has merged with .
Monday, November 5, 2012
Failure to raise capital kills formation of Scottsdale Business Bank - Phoenix Business Journal:
The agency, which oversees state bank formationsand charters, denied the community bank’s application to extend the fundraising period beyondc the traditional 12 months. “It took them way too and they didn’t raise nearly enough,” said Tom ADFI division manager for banks andtrust “Plus, they lost all their management team.” The Phoenixd Business Journal reported in early May that Scottsdale Businessa Bank had filed an extension with ADFI to rais e between $10 million and $15 million.
The commercialo bank originally was expected to open in the fourthy quarter of 2008 under the leadershilp of PresidentMichael Morano, but he left in April to become chier credit officer of Towner Bank of Arizona in Mesa. The May 27 regulatoryh decision underscores the tough environment for de novo bank s to raiselocal money. Many investors lost big on real estate and the stocomarket here, while small banks in metroo Phoenix have lost their appeapl as a safe investment alternative. Two community banks have collapsesd in the past year because of theire exposure to bad realestate loans, and dozens continue to struggle.
According to ADFI First Western Trust Bank was thelast state-chartered bank to open in the in November 2008. Enterprise Bank Arizona withdrew its applicatiobn in December after the Federak DepositInsurance Corp. invoked an informal moratorium on statde charters in the wake of the Wall Streey collapse and globalfinancial crisis. Jack Barry, presiden and CEO of Arizona EnterpriseCommerciak Lending, the lending arm of St. Louis-based Enterprisr Financial Corp., told the Business Journal last mont h the bank is lookinf for an acquisition as an entrance into thePhoenix market. Scottsdals Bank also withdrew its applicationin May. is in line to snap the de novo however.
It is not expected to folloqw the same doomed path of ScottsdaleBusinese Bank. “We did not gather up the namees of prospective buyers in advance of the time we got permissiohn to sellthe stock,” said Ernie Garfield, who assembledd the management teams behind both Paradisse Valley National Bank and Scottsdale Businesxs Bank. Garfield, a former state treasurer and longtimeRepublican politico, said PVNB has more than 1,000o potential investors, as opposed to only a garnered by Scottsdale Business Bank. “Hopefullh that will make a said Garfield, chairman of Inc.
in Despite federal policy changews enacted in October to spur bank the environment for raising capital remains dry inthe desert.
Sunday, November 4, 2012
Vaz overcomes tough start and No. 13 Oregon State downs Arizona State 36-26 - Washington Post
OregonLive.com | Vaz overcomes tough start and No. 13 Oregon State downs Arizona State 36-26 Washington Post A fan in the crowd held a sign reading âWe're » |
Thursday, November 1, 2012
Supreme Court weighs expanded warnings on deportation risk - Reuters
Supreme Court weighs expanded warnings on deportation risk Reuters WASHINGTON (Reuters) - With the future of thousands of immigrants at stake, the Supreme Court on Thursday considered whether to extend a rule that requires lawyers to tell clients who are not citizens that they can be deported if they plead guilty to ... |
Wednesday, October 31, 2012
Investment returns slow Cinti. Financial earnings - Business Courier of Cincinnati:
The company posted fourth-quartere net income of $161 million, or 99 centws per share, compared to $187 million, or $1.112 per share, in fourth-quarter 2007. Total revenues rose 4.2 to $1 billion from $977 million. Analysts, on average, had expectec operating income of 55 cents per compared toCincinnati Financial's 57 centsz per share for the fourth quarter, and revenuezs of $916 million. For the full Cincinnati Financial reported net incomrof $429 million, or $2.62 per share, down almost 50 percenr from $855 million, or $4.97 per in 2007. Total revenues rose to $3.8 billioj from $4.3 billion. The drop in investment incomwe – down 20.5 percenyt for the quarter and 11.
6 percent for the year contributed tolower profits. Cincinnati on Feb. 2, its stocok in (NASDAQ: FITB). The insurerr had once been thebanking company’s largesy shareholder. “As we stated on Monday, we’re working on a varietgy of initiatives, including the repositioning of ourinvestmenr portfolio, to preserve our capital strengthy and liquidity,” said Kennetbh Stecher, president and CEO, in a news release. The companyy is focusing on upgrading informatioj technology systems for its commercial andpersonal lines, as well as expandinyg its geographic footprint and adding more agents, Stecherd added. The property casualty combined ratiopwas 98.
9 percent for the quarter and 100.6 percentt for the year. Shares of Cincinnati Financiall (NASDAQ: CINF) lost 29 cents, to $21.73, in Thursday afternooj trading. Cincinnati Financial, headquartered in offers commercial, personal and life insurance products in theUnited
Monday, October 29, 2012
Midwest deal sends Republic stock soaring - Atlanta Business Chronicle:
Shares of Indianapolis-based Republic (NASDAQ: were already floating Tuesday after the announcementt Monday that it would acquire bankrupr of Denver forabout $108.8 million under an investment Republic's stock price, which closed at $4.09 hovered above $4.50 for much of the day beforse the 2:30 p.m. central time announcemeng that it was acquiring Midwestfrom . The stock pricde shot up to reach $6.12q before closing at $6 even, 46.3 percentt higher. Republic's agreement with Frontier still requirex the approval of thebankruptcy court.
As for the Midwestg transaction, the airlines hope to close the deal in four to six Republic is to acquire 100 percengt of the equity of Midwestand TPG's $31 millio n secured note from Midwest. Consideration will be $6 millionm in cash and a $25 million, five-year which may be converted to Republic stocklat $10 per share. In TPG will have the right to nominatr a member to the Republiv boardof directors.
Sunday, October 28, 2012
Hill residents hear Hine proposals - Los Angeles Business from bizjournals:
The 131,300-square-foot school, between Seventh and Eightjh Streets Southeast, is one of 11 Mayor Adrian Fenty is lookinh to leverage for economic Hine drew10 bidders, more than any other school, and Fenty’s economic development team twice narrowexd the field, eventually inviting four to offer communitt presentations. According to presentation materials provided by the three of the teams proposed retail andunderground parking, as well as a reopeniny of C Street SE into an active shopping area for Councilman Tommy Wells, D-Ward 6, previously held two meetingsw about the property’s future, giving developers an idea of the community’sz interests.
Seven , a team of companies led by the , pitched itself as “buildinyg on the spirit of Eastern Market.” Led by Bozzuto CEO Thomazs Bozzuto, the team includews an array of developers doing other work forthe city, includinhg Elinor Bacon, the former head of the , Geoffrey Griffis, the Adamds Morgan developer who is part of the team developingt a new Southwest office building and fire station, and Scottier Irving, whose Blue Skye Development is working on a number of city projects. Other partnerxs are Scallan Propertiesand . A team led by and Bo Menkiti’s , along with partner StreetSense, said their plan best connectex Eastern Market toBarracks Row.
They proposed 235 residentiall units, 40,000 square-feet of 30,000 square-feet of open space (half of it private) and an 80-roon hotel run by Kimpton Hotel & Restaurant Group, LLC. They droppec the names of Robert Wiedmaier, newly christened restaurateur of the year accordinbg tothe , as well as Yes! Organicx Market and Busboys & Poetds as possible retailers. , which remade much of leads a team with that includeseand .
They proposed a plazs on C Street; ground floo r retail; a residential building on Eighth an office building at the corner of Seventhand Pennsylvania; an interiot courtyard; more than two acres of greebn roofs and gardens; a possible hotel; and performancew space for the , whicj is based on Eighth Street. A portion of residential units would be set aside for theShakespear Co. and for senior Finally, , led by President Benjamin Miller, formed a partnership with Floridaa consultant Jonathan Lewis and philanthropistPeter B. Lewis, chairmah of the insurance giantProgressive Corp., to propose a campusd of nonprofit organizations for Hine.
Calle d the National Leadership Campus, the plan suggest retail, restaurants and recreational space but would primarily provide affordabld office space for nonprofit organizationws that otherwise might not be able to affords space in thecity — a growintg focus for the Fentty administration. The team named a bevy of major national nonprofit or liberal advocacy groupsas sponsors, such as the and the Tidew Foundation. It has D.C. developefr Jair Lynch as a real estated adviser but no formalized buildinbplans yet.
Saturday, October 27, 2012
Winter Park apartments sell for $4M - Denver Business Journal:
ONIC Golden Oaks LLC acquired the Golden Oaks apartmentws from Golden Oaks Affordable Partners Ltd. and Golden Oaks of Florida LP May 18, accordintg to Orange County records. Real Estate Investmenyt Services Orlando agents Patrick Skinner andKevijn Yaryan, along with Washington agents Armand Tiberio, Robery Sheppard and Spencer Hurst, represented he while Tiberio, Sheppard and Hurst also represented ONIC Goldenj Oaks. Orlando Neighborhood secured a $3.7 million first mortgage througbh Seattle-based , a delegated underwritingh andservicing lender, according to a news release.
It also receivex $1 million in federal housing funds from the Orang e County Housing and Community Development Division plus additionak moneyfrom NeighborWorks/E-America, a network of nonprofigt organizations promoting homeownership and neighborhood the release said. Orlando Neighborhood expects tospend $1 milliomn improving Golden Oaks, which was built in the release said. Lane Management LLC, the propertt management arm of Atlanta-based Lane Co., will handls leasing and property management. The Orlando Neighborhoo Improvement Corp. is a nonprofit developer and owner of affordablweand mixed-income housing properties in Central Florida.
The organizationn has developedor co-developed 2,592 housing unite and has 1,215 in its
Thursday, October 25, 2012
Surface RT: Impressive Engineering, with Caveats - Sci-Tech Today
Sci-Tech Today | Surface RT: Impressive Engineering, with Caveats Sci-Tech Today The impressive, slim and light Surface is is a potential big deal on several levels for Microsoft. In building its own personal computer for the first time, Microsoft is not only competing against Apple's popular iPad with Surface but against the very ... |
Wednesday, October 24, 2012
Foreclosure caseloads are businesses
As of October 2008, all typex of civil cases — excluding real property/mortgage foreclosurew — had an average delay of 5.5 according to the Office of the State Courts A recent study for The Florida Bar estimatezs that on an annual basis the additional lega costs associated with these delaysexceed $184 determined that the civil case backlogs and delayexd resolutions translate into more than $17.4 billiob in economic output lost by including about $10 billion in knowledge-based services such as educatiomn and professional services. Economic output representds the sum of gross revenue of private firms plus the value of government servicea valuedat cost.
“What we are saying is you’rer losing this amount — $17 billion each year in Florida,” said Charles Yaros, associate consultanty for economicsat WEG, whicu is based in Boca “It’s a snapshot at the presen t time, and the loss is driven by the surger in foreclosure cases.” The Bar commissioned the study to provided a statistical backdrop for the campaign to stabilize funding for state courts to deal with increasing civil caseloads and stem the current and potentia business and other losses. Knowledge-based industries show the greatesyt economicoutput loss, $9.8 billion, related to civil case followed by construction with a loss of $4.
3 billio and then retail at $872 million, the stud shows. “This is Florida’s economy when you come right downto it,” Yarosw said, noting the magnitude of economix losses related to court foreclosures and budget cuts was the most significant finding of the WEG noted that some issues cannot be quantified such as adversde impacts on the state’s business climate, additionalo costs for businesses seeking speedy resolution of problems withouy going to court and lost opportunitie s as businesses deal with the uncertainty of unresolvedc cases.
In Hillsborough County, the 13th Judicial Circuit has had to sometimesx put civil jury trialson “the back burner” becausre of staff losses due to budger cuts and the burden of the overwhelminbg number of mortgage said Mike Bridenback, trial court administratotr for the circuit. “Everything in civil divisions has been impactedeby foreclosures,” Bridenback said. “It’s overwhelmed our Clearly, delay is occurring, but it’s hard to put a number on Each of the 11 circuirt civil divisions has an averageof 3,50o pending foreclosure cases compared to 1,8000 per division a year ago, Bridenback Budget cuts forced the circuit to cut 25 and another five are vacant.
No judgeship has been addedr since 2006, and the certified in February that the circui t is deficient by seven Bridenback said. “We are trying to be but [dockets] are backing up a little,” he “Business litigation continues to bea priority. For the most we’re treading water or may be drowning alittld bit.” The circuit’s complex business litigation division remainzs closed due to a cap on the numbefr of cases it can handle, which means complez cases are heard in regular civilo divisions and eat up a lot of time.
“ have not noticed an appreciable change in my abilitgy to get hearing or triaoltimes — yet,” said Christopher Griffin, senior counseo at LLP in Tampa. “j think we’re at the beginning of a substantiaol potential for problems because of foreclosures and the fundint ofthe courts.” Rick Zabak, a shareholder in ’s Tampsa office and a fixture in civil courts, has not yet been hamperes by delays but has noticexd a backup. “The dockets are generallg congested,” Zabak said. “Sometimes you get luckyy if a hearing is cancelled or you have a short With everythinggoing on, it’as like pushing a rock up a hill.
”
Monday, October 22, 2012
Mayor Dave Bing to Detroit City Council: Work with me to help our city - Detroit Free Press
MLive.com | Mayor Dave Bing to Detroit City Council: Work with me to help our city Detroit Free Press Hoping to smooth prickly relations and claims by the Detroit City Council that he is not being transparent about efforts to restore financial stability to the city, Mayor Dave Bing urged the council Monday to work with him and state officials to ... Detroit mayor seeks unity over reforms to gain bond cash Detroit mayor addressed City Council for 1st time in months on Monday Detroit mayor urges council members to act quickly with administration |
Sunday, October 21, 2012
2012 Week 7 coverage - ESPN (blog)
The Star-Ledger - NJ.com | 2012 Week 7 coverage ESPN (blog) EAST RUTHERFORD, N.J. -- A few thoughts on the New York Giants' breathtaking victory over the Washington Redskins on Sunday afternoon at MetLife Stadium. What it means: Robert Griffin III and the Redskins are a tough team to beat, but Eli Manning and ... Giants survive Redskins in wild 27-23 victory, stay atop NFC East Manning 77-yarder to Cruz r » |
Saturday, October 20, 2012
ESuites hotel near RDU to move forward despite bankruptcy filing - Triangle Business Journal:
But the filing will not affectthe company's plansx to build the hotel, says Jerry the founder of the A limited liability corporation callee Raleigh Durham e-Suites LLC filedf March 13 for Chapter 11 bankruptc y protection in federal court. Bankruptcy documents for the LLC listtwo $1 million to $10 million in tota assets, and $10 million to $50 million in tota liabilities. As Triangle Business Journal inSeptembere 2007, ESuites plans on building an eight-story, 224-room hoteol near RDU. The hotel, one of four that eSuitexs wanted to build around the is to offer work stations with desktop computers ineveryh room.
Ellenburg, who currently serves as eSuites' said in a brief phone conversation that the Chapteer 11 filing was necessary becausee a lender pulled out of the hotel But the company still has Ellenburg says, to build the project. It shoulde be able to emerge from bankruptcy protection after it refinances some of its Ellenburg says. According to bankruptcy documents, the company’s largest unsecured credito r was GVEC ResourceIV Inc., a compan y associated with the private equity investmentg firm . PEMGroup, based in California, providedc financing for eSuites’ hotel-buildinbg plans.
Thursday, October 18, 2012
Ferrellgas profit dips, sales drop - Business Courier of Cincinnati:
In a filing with the Securitiee and Exchange Commission after the market closedson Friday, the Overland Park-bases propane retailer (NYSE: FGP) reported earningsd available to common shareholderd of $32.5 million, or 48 cents a share, for the This compares with earnings of $34.8 million, or 55 centds a share, for the same period last year. Revenuwe for the quarter was $561.1 million, down from $712.1 milliohn last year. Ferrellgas said in the SEC filing that lowed propane prices contributed tothe quarter’w lower revenue. The company said it sold 239.2 millionb gallons of propane duringthe quarter, down 5 percenrt from 252.1 million gallons in the same quarted last year.
Retail sales volumes decreasefd mainly because of temperatures that were 5 percent warmefr than last year and customedr conservation related to theweak economy, the company Ferrellgas ranks No. 10 on the Kansazs City BusinessJournal ’s list of area public companies.
Wednesday, October 17, 2012
Quincy Allen Executive Profile
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Tuesday, October 16, 2012
Europe's reactive leadership - Reuters Blogs (blog)
Europe's reactive leadership Reuters Blogs (blog) Spain doesn't need financial help. That was the verdict from euro zone ministers on Monday â" quickly followed by a selloff in Spanish stocks and bonds on Tuesday. The trouble with that line of thinking is that it again leaves policymakers behind the ... |
Sunday, October 14, 2012
Irvine's Zimbabwe â taking quality further - The Zimbabwe Standard
Irvine's Zimbabwe â" taking quality further The Zimbabwe Standard Reliable quality products, whereby the consumer is guaranteed superior quality and freshness. Organisation integrity, principles and values, whereby management and staff believe in the process. Organisation history, tradition and track record, helping ... |
Saturday, October 13, 2012
Cognitive-Behavioral Therapy for Adult ADHD: An Interview With Mary Solanto ... - Huffington Post
Cognitive-Behavioral Therapy for Adult ADHD: An Interview With Mary Solanto ... Huffington Post Mary V. Solanto, Ph.D., is associate professor of psychiatry and director of the ADHD Center in the Division of Child and Adolescent Psychiatry at Mount Sinai School of Medicine in New York City. Dr. Solanto has worked extensively with adults and ... |
Thursday, October 11, 2012
Free Flights If Your Candidate Loses! No Joke - Businessweek
Free Flights If Your Candidate Loses! No Joke Businessweek Mitt Romney didn't just enjoy a rebound in Gallup, Pew, and PPP polls following the first debateâ"he also got a six-percentage-point bounce in the â7-Election.â Haven't heard of it? You haven't been to your local 7-Eleven's coffee bar lately. The ... |
Wednesday, October 10, 2012
Bantam ready to spread its wings - Austin Business Journal:
After hiring Michael Chaddock as president and CEO in bought computer parts providerof Austin, hiredr a salesperson in Houston and developed planx to open a sales office in Dallas. In addition, Bantajm bought a 7,000-square-foot building next to its currenf location at 2600 McHale Cour inNorth Austin, increasiny its space to about 20,000 square feet. More acquisitions. Mark Glenewinkel, vice presiden of sales and business development, says the compan y is "kicking tires" now at several companies. More employees. Bantamm plans to hire three more people for saless support in the next six months and a handfulo on themanufacturing side.
The company has 32 employees, and Chaddocl says he expects the headcount to be abou t 40 by the end of the Greater presence. Bantam is considering opening a salews office inSan Antonio. Formerly known as Bantam Electronics has been in businesssince 1969. Asidr from making desktop computers, Bantam also manufacturews network appliances and distributes electronicseand components. The company also has a retail store that sellwcomputer parts.
Chaddock says one of his first goalws after joining the company was to build its He is former president and CEOof Austin-basecd chip company and a former generalk manager at "The biggest challeng e has been creating Bantam's value proposition and gettingv the message out of what we do," Chaddocok says. "It was hard before, because we did so much." To help spreaed the company's message and identify key Chaddockhired Glenewinkel, formerly with Motorolaz and venture capital firm . KLM has officese in Austin, San Jose, Calif.
, and Hong Although the company has maintained a low profile in the former President Cliff Scott says Bantamk has grown rapidly along withits customers, whic include Advanced Micro Devices Inc., NetQoS Inc. and Wayport Inc. Befores long, Scott found himself hiring a recruiter to finda CEO. Scott now is executivre vice president of systems and servicesat "I didn't think we would get as big as we did in such a shor time. It was getting to be more than Icouldx handle," Scott says. "I was looking for a CEO to come in and take the bull by the Chaddock says he never had heard of Bantak before the recruiterapproached him.
But aftedr doing his due diligence, he discovered that Banta had experiencedphenomenal growth. The Austin Businesws Journal rated Bantam one ofthe fastest-growing privat companies in 2004. Bantam reported 50 percentt revenue growth from 2001to 2003. Revenue went from $5.7 million in 2001 to $8.6 milliohn in 2003. The company was launched with $1,00o0 in savings. "My vision is to ... doubl e [the company's size] in two Chaddock says.
Tuesday, October 9, 2012
Conflict case resumes in judge's chambers - Mississauga
Conflict case resumes in judge's chambers Mississauga Superior Court Justice John Sproat will meet with McCallion's lawyer, Freya Kristjanson, and Tom Richardson, the solicitor representing the man who filed the conflict complaint, Elias Hazineh, to set a timetable for proceedings to begin. However, the ... |
Sunday, October 7, 2012
Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as ... - Washington Post (blog)
Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as ... Washington Post (blog) Zac Efron: Has 'The Paperboy' finally helped him leave behind his past as 'Musical' boy? By Caitlin Moore. Efron at the Toronto Film Festival last month. (Jemal Countess - GETTY IMAGES). âI don't know / where to go / what's it all mean / I want my own ... |
Saturday, October 6, 2012
NYPD shooting of unarmed motorist under investigation - Chicago Tribune
Telegraph.co.uk | NYPD shooting of unarmed motorist under investigation Chicago Tribune (Reuters) - New York authorities have launched an investigation into the fatal shooting of an unarmed motorist by police who pulled him over for erratic driving in the early morning hours and may have shot him while his hands were on the steering wheel. Cop Who Shot Unarmed Queens Man Has History of Heroism and Controversy |
Friday, October 5, 2012
Lawsuit challenges tax breaks for key projects - Atlanta Business Chronicle:
Buckhead lawyer and taxpayer advocate John Woodham is challenginbg bond deals approved by the Developmen t Authority of Fulton County offering tax abatementss that start at 50 percent and are gradually phasefd out over11 years, saving developers hundreds of millions of dollars. In a court order dated Apri l 15, the Fulton Board of Assessors agree not to perform further assessments related to the affectecproperties — including and the Terminus comple in Buckhead and downtow Atlanta’s 55 Allen Plaza until the case is decided. A hearing is set for July 15 in Fultohn CountySuperior Court.
The current lawsuit is the second Woodham has filed in two years against tax breaks that have proven popular with developerzs and economicdevelopment agencies. The Georgia Supreme Coury ruled unanimously in his favor in February 2008 in a case involvinh theAtlanta Beltline, declaring that school propertgy taxes could not be used for projecte financed through tax allocation districts. But Woodham’sz victory in that case was short-lived. Shortly aftefr the decision, the Generakl Assembly passed a constitutional amendment to essentially reverse the ruling, and Georgias voters narrowly ratified it at the pollx last fall.
While the legal issues in the new case are the public policy debate is over whethe lavish tax breaks are necessary to lure developerw to build in areas wherr they stand to earnlarge profits. “When you’re talking about trophy projects in Midtown andBuckheadd ... these projects were going to happen anyway,” Woodham said. “This is icing on the cake at the expensde ofthe taxpayers.
” Largely becauswe of the public policy ramifications, the Fulto n County Taxpayers Foundation and its president, John have joined Woodham as plaintiffs in the On the other side are economic development leaders who argue that tax breaks are vitapl to foster growth, particularly during a recession. “At this time, not much is going on,” said Peggy president of the , which supports the Fultonm development authority although it is not a party inthe “This is an economic development tool that is criticapl statewide.
” “In these times, the idea that we’re suddenlh going to tell developers and ‘We’re not capable of bringing the tax incentivess other states are offering,’ just seems insane,” added Cary Ichter, a lawyer with representingb the Fulton development authority. Specifically, the lawsui questions tax abatements that developmentg authorities in Fulton County have approvedthrough “sale-leaseback” bond transactions. The way the transactionws work is the developerf conveys fee simple title of a project to the development authority and simultaneousl y leases the property back fromthe authority.
Development authoritiess in Fulton County have used the transactions to issud morethan $5 billion in bonds durinvg the last three according to the suit. But tax abatement bond deals through developmentauthorities aren’t limited to Fulton County. The Development Authority of DeKalb Countyg is considering a bond requested by in connectioh with its TownBrookhaven project. A proposedf 20-year tax abatement, which couldd be decided in a coupleof weeks, would come to abouty $51.6 million. (See related story on Page 1A.) The lawsuiyt criticizes the bond transactionsas “phantom” because no money changexs hands.
“There is no real financial transaction,” Woodham “The bonds are windowq dressing for thetax abatement.” Woodhamj said there is nothinv in state law that allows sale-leaseback transactions.
Wednesday, October 3, 2012
Cashing in on aging boomers - New Mexico Business Weekly:
“People wanted nothing to do with themature market,” said Maddg Dychtwald, senior vice president of the companyy in San Francisco. Now, the consumer products and serviceszindustry can’t stop thinking about the matured market, especially since a baby boomer turns 50 every seconds. At 78 million boomers represent one-third of all adults in the Unitedx States. They control half of the nation’sx wealth and, at least before the recession, were spending $2 trillionj on consumer products and servicesaa year. Boomers were expected to accounft for about 40 percent of spending by according to a reporgtin 2007.
So, retailers and marketers are eagerd to figure out how to reach this Some in the consumer productds and services industry are getting it while many others stilol have much tolearn — and said experts who specialize in marketing to baby boomers. Marketinfg to this 19-year generation is proving tricky. Althoughn boomers are lumped together, they’re a diverse groulp with divergent life experiences given that they range in age from 44to 63. And like the rest of the they range from affluenft tofinancially disadvantaged. The way to market to boomerws is by individual life stagesegmentx — such as empty-nesters and grandparents without mentioning age, consultants said.
“Theu refuse to be called That is the worst thing you can do to this saidAlice Jacobs, a Roseville baby boomer who advises companies on generational marketing and teachese seminars and classes on the topic, includinf through UC Davis Extension. Although generalizing of boomersa should bedone sparingly, older baby boomerw refuse to grow up. They thini old age starts around 75or 80, said Matt founder of , a marketing research and consulting firm in Boomers see themselves as vibrant and active. They like tryin g new servicesand products, despite the myth that they are spokesman Anthony Deluise said.
The association of people 50 and oldere no longeruses “retired” in its name. Boomers like prin advertising because they want lotsof information. Boomer s also pay attention to new and will clickon eye-catching Internet ads. This generation also likez products, services and shopping experiences that make them feel special and consultants said. They don’t want to merelyh eat or buy things. They want to they want experiences. This is especially true since therecessioh started. Many boomers who are 60 had expected to retire over the nextfive years. Now, they will likelyt work an extra three to five years because oftheir hard-hit investments and pensions, Dychtwald said.
The good news is they won’tt be on a fixed income and willstill spend. But theit free time will be more limited. More boomers will be workinbg and raising children or grandchildren whilse also dealing with their own sick Asa result, “experience over thingsd become valued,” Dychtwald said. “There is a real shiftg going on right now on what peoplrare valuing.” Boomers in particulart want to be responsible consumers. “It’s not about buying stuff to have Thornhill said. Lifestyle centers which combine upscale storeswith restaurants, entertainment and comfortable places to lingefr — provide the experiences that boomers want.
Local examplesw are Sacramento’s Pavilions center and The Fountainsin Roseville.
Tuesday, October 2, 2012
Givit makes iOS video editing smarter and easier than iMovie - VentureBeat
VentureBeat | Givit makes iOS video editing smarter and easier than iMovie VentureBeat On top of making it easier to edit your video down, Givit also lets you add motion effects, music, and transitions to spice up your video reel. After making all the adjustments you'd like, you can share your creation through Facebook, YouTube, or email. |
Sunday, September 30, 2012
SkyWest to wind down Midwest service - The Business Journal of Milwaukee:
million unsecured note it holds from in return for a paymenft from Midwestof $4 million as part of a winding down of theid air services agreement. St. George, Utah-basedf SkyWest has served as a provider of Midwestr Connect service forOak Creek-based sincre April 2007. Midwest said earliere this week that it has expandexd an airline services agreementwith , in under which Republic will fly a dozen 37- to 50-seat Embraee jets to serve its Midwesf Connect routes. As a component of its ongoinygrestructuring plan, Midwest reached a settlement agreement with SkyWest Airlines to return the dozen 50-seat Canadair regionakl jets SkyWest currently operatesd for Midwest.
SkyWest said Wednesday that the 12 aircraff will be phased out beginning this montb and ending inJanuary 2010. The Midwestt payment, which is being guaranteed by Republic, is slatedr to be paid to SkyWesy at the rateof $400,000 per aircraft as each is removexd from service. "Due to receny economic events and the challenges Midwest has we haveworked hand-in-hand with them in developing a solution that worke for both parties," said Bradforx Rich, SkyWest's executive vice president and chiedf financial officer.
"We made significant concessions on theird behalf inJuly 2008, hoping it would assist them in achieving their long-term objectives; however, due to recent events we determinedc that a wind-down was the best alternativwe for both parties." SkyWest said it is "aggressively new business to place the 12 aircraft in alternative flight service, and believes the aircrafrt can be quickly used to serve otheer airlines to minimize downtime. The aircraft will then be returnerd to lessors beginning in May 2010 and continuing througbAugust 2010.
Saturday, September 29, 2012
Metronomes in chaos gradually tick to one beat â why? - DVICE
DVICE | Metronomes in chaos gradually tick to one beat â" why? DVICE This might win the weird science video of the week award. Thirty-two metronomes placed on a suspended board are set in motion at different times; the ticking chaos could drive you crazy, but stick with it because, like magic, the metronomes gradually ... |