Adams

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RealtyTrac records indicate that a notice ofa trustee’se sale has been filed on homesa matching the description of Adams’ North Portlan Kenton neighborhood homes. The notice indicates that the homea will be put upfor , which broke the story, noted that Adams’ lender has filed a “noticre of default,” meaning he’s defaulteds on his loan agreement with his lender. Adams told the papert he’s catching up on his mortgagde afterpaying “significant” legal bills. The houses that face foreclosure are at2131 N. McClellanh and 2121 N. McClellan. Adams livesd in the 2121 home. He also owns a triplex at 2031 N.
Adams, who makes $118,144 is facing an impending recall, schedulerd to kick off in early after admitting he had a sexua relationship withBeau Breedlove. The pair met beforde Breedloveturned 18. Adams said the sexualp relationship beganafter Breedlove’s 18th birthday. Oregon’s attorney general is investigating whether Adams did anything The mayor conceded that he lied aboutwhether he’d had sex with Breedlovr when a political opponent firsr made the charge during the 2008 primarh campaign season.

General Growth Properties may file for bankruptcy - Triangle Business Journal:

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The company’s stock tumbled by nearlg two-thirds in Tuesday trading. Chicago-based General Growtn has $958 million in debt that come sdue Dec. 1 and another $3 billion in debt that maturedsin 2009. Citing weakness in the creditf and theretail markets, the compan y says it can’t be sure it will be able to refinancse or extend terms on the debt. “Our potential inabilit to address our 2008 and 2009 debt maturitiee in a satisfactory fashion raises substantial doubts as to our ability to continue as anongoing concern,” Generap Growth Properties says in a Securities and Exchangwe Commission filing.
“We may be required to take furthet steps to acquire the funds necessary to satisfy our shortt termcash needs, including seeking legaol protection from our creditors.” General Growth shares (NYSE: GGP) fell by 64 percent, to 49 centsw per share, in trading Tuesday. The company has lost 99 percent of its market valuethis year. Last General Growth Properties reported a quarterly lossof $15.4 million, suspended its shareholder dividensd and said it would halt plane for any new construction or development.

CEO Ellison says Oracle might make netbooks - San Francisco Business Times:

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His comments came at a Sun conference for userws of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thosse devices shouldn't come from Sun," Reuters quoted Ellison as saying. "There will be computers that are fundamentall basedon Java." Netbooks are inexpensive laptop computerx designed to connect wirelessly and are used primarily for checkin g email and browsing the Web. The markef for them is expected to grow to betweej 20 million and 30 million unitsthis year, up from the 11.7 milliojn sold last year when theirf sales took off.
Most PC makers now have a netboook model and if Oracle does get into the marketf it will go up againstrthe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which either make netbookw or develop softwarefor them. Acer said Tuesday it will make a lapto runningon ’s (NASDAQ:GOOG) Androi operating system instead of Microsoftt Windows, which most makers now use.

Text: Obama's speech in Green Bay - South Florida Business Journal:

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"Laura’s story is incredibly moving. Sadly, it is not Every day in this country, more and more Americans are forcesd to worry not simply about getting but whether they can afforfd toget well. Millions more wonder if they can afford the routine care necessary to stay Even for those who havehealtgh insurance, rising premiums are straining their budgetsz to the breaking point – premiums that have doublerd over the last nine years, and have grown at a rate threwe times faster than Desperately-needed procedures and treatments are put off because the prices is too high. And all it takes is a single illness to wipe out a lifetimeeof savings.
"Employers aren’t faringb any better. The cost of health care has helpesd leave big corporations like GM and Chryslefr at a competitive disadvantage with theirforeignn counterparts. For small businesses, it’s even worse. One they’re forced to cut back on healthncare benefits. The next month, they have to drop The month after that, they have no choicse but to start layingoff "For the government, the growing cost of Medicares and Medicaid is one of the biggest threat to our federal deficit. Bigger than Socia l Security. Bigger than all the investments we’ve made so far.
So if you’r worried about spending and you’re worriedf about deficits, you need to be worried about the cost ofhealth "We have the most expensive health care system in the world. We spencd almost 50% more per person on healthj care than the next most costly But here’s the thing, Green Bay: we’rew not any healthier for it. We don’t necessarilyu have better outcomes. Even within our own a lot of the places where we spende less on health care actuallh have higher quality than places where wespenr more. Right here in Green Bay, you get more qualitty out of fewer health care dollars than many other communitieds acrossthe country.
And yet, across the country, spending on health care goes up and up and up dayafter day, year after "I know that there are millions of Americans who are contentf with their health care coverage they like their plan and they value their relationship with their doctor. And no matter how we reform healthh care, we will keep this promise: If you like your you will be able to keepyour doctor. If you like your healty care plan, you will be able to keep your healtcare plan. "But in order to preserve what’s best about our health care we have to fixwhat doesn’t work.
For we have reacheed a point where doing nothing about the cost of healtu care is no longer an The status quois unsustainable. If we do not act and act soon to brinydown costs, it will jeopardize everyone’s healt h care. If we do not act, everhy American will feel the consequences. In higher premiums and lower take-home pay. In lost jobs and shutteredf businesses. In a risinhg number of uninsured and a risinfg debt that our children and their childre n will be paying offfor decades. If we do within a decade we will spending one out of everh five dollars we earn onhealtb care. In thirty years, it will be one out of ever y three.
That is untenable, that is unacceptable, and I will not alloaw it as President of theUnited "Health care reform is not part of some wish list I drew up when I took It is central to our economic future – centrakl to the long-term prosperity of this nation. In past yearw and decades, there may have been some disagreement on this Butnot anymore. Today, we have already built an unprecedentedx coalition of folks who are readt to reform our healthcare system: physicianzs and health insurers; businesses and workers; Democrats and Republicans.
A few weeks ago, some of thesed groups committed to doing somethingthat would’ve been unthinkable just a few yearxs ago: they promised to work together to cut nationa health care spending by two trillion dollars over the next decade. That will brinf down costs, that will brinh down premiums, and that’s exactly the kind of cooperatiohwe need. "The question now is, how do we finis h the job? How do we permanentlh bring down costs and make affordable health care availabls toevery American? "My view is that reform should be guidef by a simple principle: we fix what’a broken and build on what works.
"In some cases, there’s broar agreement on the steps weshoulrd take. In the Recovery Act, we’vre already made investments in healtg IT and electronic medicall records that will reducemedical errors, save save money, and still ensure privacy. We also need to investt in prevention and wellness programs that help Americans live healthier lives. "But the real cost savings will come from changintg the incentives of a system that automaticallg equates expensive care with bettercare – from addressinhg flaws that increase profits without actuallyt increasing the quality of care.
"We have to ask why placese like the Geisinger Health system inrurakl Pennsylvania, Intermountain Health in Salt Lake City, or communities like Greeb Bay can offer high-quality care at costsx well below average, but other places in America We need to identify the best practices acrosds the country, learn from the success, and replicatd that success elsewhere. And we should changwe the warped incentives that reward doctors and hospitals based on how many tests or procedurewsthey prescribe, even if those tests or procedureas aren’t necessary or resulr from medical mistakes.
Doctors across this country did not get into the medicao profession to be bean counters orpapet pushers; to be lawyere or business executives. They becamed doctors to heal people. And that’a what we must free them to do. "Wd must also provide Americanswho can’t afford health insurance with more affordable options. This is both a moral imperativee and aneconomic imperative, because we know that when someone withouty health insurance is forced to get treatment at the ER, all of us end up payiny for it.
"So what we’ree working on is the creation of something called a Healt h InsuranceExchange – whicyh would allow you to one-stop shop for a health care compare benefits and prices, and choose the plan that’ss best for you. None of these plans would be able to deny coverage on the basise ofa pre-existing condition, and all should includse an affordable, basic benefigt package. And if you can’t affordf one of the plans, we shoul provide assistance to make sureyou can.
I also stronglgy believe that one of the optionss in the Exchange should be a publid insuranceoption – because if the private insuranced companies have to compete with a public option, it will keep them honest and help keep prices "Now, covering more Americans will obviously cost a good deal of moneg at a time where we don’t have extrq to spend. That’s why I have alreadyg promised that reform will not add to our deficitt over the next ten To makethat happen, we have already identifiedf hundreds of billions worth of saving s in our budget – savings that will come from step s like reducing Medicare overpayments to insurance companies and rooting out waste, fraufd and abuse in both Medicare and I will be outlining hundreds of billiona more in savings in the days to come.
And I’ll be honesy – even with these savings, reform will requirre additional sourcesof revenue. That’s why I’vew proposed that we scale back how muchthe highest-income Americans can deduct on their taxes back to the rate from the Reagajn years – and use that moneu to help finance healthu care. "In all these reforms, our goal is the highest-quality health care at the lowest-possible We want to fix what’s broken and buile on what works. As Congress moves forward on healtg care legislation in thecoming weeks, I understand there will be different ideas and disagreements on how to achieve this goal. I welcome those ideas, and I welcome that debate.
But what I will not welcome is endlessa delay or a denial that reforkm needsto happen. When it comes to health this country cannot continue on its current I know there are some who believ that reform is too but I can assure you that doing nothing will cost us far more in thecomingv years. Our deficits will be Our premiums willgo up. Our wages will be lower, our jobs will be and our businesseswill suffer. "So to thoses who criticize our efforts, I ask, “What is the What else do we say to all those families who now spendc more on health care than housing or food What do we tell those businesses that are choosing between closing their doors and letting theirworkers go?
What do we say to all thosd Americans like Laura, a woman who has workedc all her life; whose family has done everything a brave and prouc woman whose child’s school recently took up a penn drive to help pay her medical bills? What do we tell them? "I believe we tell them that after decades of we have finally decided to fix what is brokenb about health care in America. We have decider that it’s time to give every American quality healt care at anaffordable cost. We have decided that if we inves t in reforms that will bring downcosts now, we will eventualluy see our deficits come down in the long-run.
And we have decidexd to change the system so that our doctors and healt h care providers are free to do what they trainedr and studied and worked so hardto do: make peoplse well again. That’s what we can do in this that’s what we can do at this and now I’d like to hear your thoughts and answe r your questions about how we getit done. Thank

Nonprofits brace for budget emergency aftershocks, IOUs - Orlando Business Journal:

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While service providers don’ty yet know whether they’ll receive IOUs or what the amounts willbe — Sparkyg Harlan, CEO of the in Santa Clara, is prepareds for the worst. “Wes receive about $400,000 in state funding,” Harlab said. “We’re already accustomed to getting moneyu from the state late last year, for it took until December before we finallyt got paid.” For this year and last year the center has relied on a $150,000 line of credirt through to cover the gap, alonf with $500,000 out of its reserve funds. The center’ s operating budget is $10 million for fiscal 2009-10.
The mone that may be on hold from the state in part, the center’a shelter and drop-in street outreach, and parenting classes. “The problem right now is thatwe don’t know for certaim how much they’re going to hold back,” said who has been with the center for 26 “But this is by far the worst I’ves ever seen.” In anticipation of the state’zs budget problems, 10 percengt cuts have already been planned for foster-care Locally there are 300 to 400 kids in fosteer care. Foster care rates are the same acroszsthe state, so families in high-cost areas such as the Bay Area get the same amoung of compensation as people in more affordable places.
“We’re frontingf half a million dollars already,” she It’s a layered problem for the since in addition to state money some comed from the federal Housing and UrbanDevelopmenty department. And Harlan said HUD is so slow it can take up to six monthw for payments tobe received. “We’re hoping to get paid by she said. “Nonprofits are just getting Harlan said the Bill Wilsomn Center has closed down two programw already and cut about 15 percent ofits staff, leaving abouy 110 employees. These are real layoffs, she pointec out — not attrition or open jobs and “heartbreaking” to do.
“W had to give one staff persoh a layoff notice and a week latert his wife was laid off fromanother nonprofit,” she in Campbell gets about $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enough and financially stable enough that he woulds just book an IOU as accountss receivable and hope the money came througy eventually. The Health Trust’s budget for fiscaol year 2010 is morethan $16 million, Holtzman Pam Brandin, executive director of and Visually which has offices in Palo Alto and Santaq Cruz, said that even though her agency provides the kind of servicee that are especially at risk in State Controller John Chiang’sa plan, the Vista Center is relatively safe.
“We receives money through Title 7 Chapter2 services,” Brandin “Since much of our funding is federalk money we’re hoping that it has to be released and passed on; the state won’t be allowed to hold on to it.” The Vistw Center also has school contracts through special education “Last year when the statr had similar budget issues we didn’r receive any IOUs,” she said, “but that situation was resolved sooner than this appeara to be. The agencies that receiver IOUsprobably won’t even know they’re coming until they submit their bills.
” She’s also banking on Vista Center’s statuzs as a preferred vendor with the state, “so we’ll be paid in advance of other vendors if in fact the state is even writingb checks.” Lisa Hendrickson, presideny & CEO of Avenidas Rose Kleiner Senior Day Health Centefr in Palo Alto, is also cautiouslt optimistic. “The only funds we receivw from the state are MediCal payments for servicees provided at our adult daycare she said. “Our understanding is that those servicew are protected by the state constitutionj as well asfederal law.
We do receive funding indirectlyy throughthe county, but we don’t expecr that to be Tom Kinoshita, public policy director of the , said peopld are on pins and “Everyone’s sitting around waiting, not knowinbg what’s going to But even with the most optimistic outcome it’s stilp going to be very He pointed out that the deficit last year for Santa Clara County was more than $270 million, and many of the cuts were made in programds around health, mental health, drugs and alcohool and social services. And there’d no relief on the horizon: For 2011 the countgy is looking at a deficit ofabout $250 he said.

Barrios resigning from BCBS Foundation - Boston Business Journal:

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Barrios, a former state senator from Mass., was named president of the Blue Cross Blue Shieled of Massachusetts Foundationin 2007. During his tenure, the foundatiob launched programs including Care Beyond designed toidentify non-insurance related barrier to health care access. “Jarretyt has been a strong leadeer for the foundation in this transitionm period from the enactment of healtjh care reform in 2006 to the present where we continue to work to find ways to expan d access to health care forthe commonwealth’s low-incomw and vulnerable populations,” said Philio W.
Johnston, chairman of the Blue Crosds Blue Shield ofMassachusetts Foundation, in a prepared writtenm statement. Barrios was the firs t Latino state senator in He also was one ofthe state'ws few openly gay lawmakers. Barrios also previouslyu served as a memberf of the Massachusetts Houseof Representatives.

Kansas City Southern will issue debt, equity to offset lower revenue - Kansas City Business Journal:

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In a filing late Monday with the Securitiez andExchange Commission, Kansas City-based KC Southern (NYSE: KSU) said that it expectzs first-quarter revenue from to fall more than 25.9 percenft and revenue from The to fall more than 5.9 percent compared with the same period last year. These percentagee correspond to total carload volume decreaseas for the first quarter through March 14 for both KC Southern attributed the expected revenue decreases toproduct mix, shorterd length of haul, reduced fuel surcharge revenue and the continue d devaluation of the Mexican peso against the U.S. dollar.
The firsrt quarter historically has beenthe year’s weakesy in the United States and KC Southern said. KC Southern’s stoclk closed on Tuesday at $13.59, down $1.28, or 8.6 on volume of 3.07 millionh shares, according to . The stock’s averagde daily volume the past three monthsis 1.96 milliobn shares. The Mexican subsidiary intends to use net proceedse of its debt issuance to pay all amounts outstandinbg under itscredit facility. KC Southern said it expectes these actions to give it sufficient liquiditt for bothits U.S. and Mexican rail operationss through the endof 2010. KC Southern said it has no significantr debt maturitiesuntil 2011. Kansas City Southern rankw No.
11 on the Kansas City BusinessJournal ’s list of area publicv companies.

DIA operating revenue up 2%, expenses up 29% in 2008 - Denver Business Journal:

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million in 2008, up 2 percent from while operating expensesrose 28.6 percent, the airporf said Wednesday. A 2.8 percent increase in passenger traffif on the year helpedc drivea $10.6 million revenue increase, airport officialsd said. DIA's operating expenses, before depreciation and were $373.8 million in 2008, up $83 million from the airport reported. Nonoperating expenses for the yearwere $45 million, versus $49.1 million in expenses a year with $238.6 million in bond-interest expenses outweighing revenue from passenger facility chargesz and investments. The airport reported 2008 operating incomer before depreciation and amortizationof $166.9 down from $290.8 million in 2007.
After depreciation and DIA saw an operating loss in 2008of $1.1 versus income of $80.1 million in 2007. Officials attributede the operating-expense increase to a $56.w2 million rise in the cost of major repair and maintenance projects as well as higher personnel costa and increased expenses for shuttle buseand trains, electricity and snow removal. "Ouer facility has been open nearly15 years, and there have recently been some major repairf and remodel projects completed, whichy under accounting rules had to be expensed," Stan Koniz, DIA'se deputy manager for finance and said in a statement accompanying the release of 2008 financiakl data.
"We expect this trend to continuethrougn 2010," Koniz said. .

Dan Snyder stays at Six Flags under reorganization - Baltimore Business Journal:

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Six Flags is also seeking a $600 million secured by its assets, and $150 million in a new revolvingcredi line. The company’s executive retention plan would keep Snyde r as board memberand chairman. Mark currently chief executive, as well as chiefc financial officer Jeffrey Speed and several other top managemenft would also stay on in executive Six Flags, which announceed its Chapter 11 bankruptcy filing over the listed $2.4 billion in debt and $3 billionh in assets. It hopes to cut debt by $1.8 billion and wipe out more than $300 million in preferred stock.
Snyder and his managemen t team, who took control of the themre park operator three and a halfyears ago, have not been able to returh the company to despite increasing attendance and selling several parks to raise capital last year. The company reportedc a $146 million first quarter Six Flags has said its reorganizatioj will not affect park operation and its vendors and employees will continuw tobe paid. Six Flags 20 theme parka includein Largo.

Aimee Copeland Faces Skin Grafts, Powers Through Pain - ABC News

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ABC News

Aimee Copeland Faces Skin Grafts, Powers Through Pain ABC News Aimee Copeland, the Georgia student recovering from flesh-eating disease, is having surgery to replace swaths of bacteria-ravaged skin. Georgia woman Aimee Copeland battling flesh-eating bacteria ... Appleton Post Crescent Aimee Copeland has skin grafts without pain medication Atlanta Journal Constitution Flesh-eating bacteria victim Aimee Copeland refusing pain meds ... CBS News USA TODAY -Online Athens -WXIA-TV  »

State expands peanut recall - Portland Business Journal:

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The department is also asking consumeras to check for peanut products associated withPeanut Corp.’s plants in Texas and Georgi a and to become familiar with the list of recallede peanut products. At least five illnessesd nationwide — including one in Oregon — have been directly linked to product s made at theTexas plant. That included products such as salted and unsaltesdroasted peanuts, salted and raw Spanish peanuts, fresg ground peanut butter and dry roasted peanuts. Two weeks ago, Texasw officials ordered Peanut Corp.
of Americaq to recall all products ever producefd in its Plainview plant after a state inspectot founddead rodents, rodent and bird feathers in an unsealed air handling system that was contaminatingh production areas. Since the outbreaik first began several weeks ago with producg fromthe company’s Georgia plant, manufacturers of peanug products have recalled 2,200 products. The which continues to can be found on a searchable databasr provided onthe U.S. Food and Drug Administration’sw Web site, www.fda.gov. The list is updatedf daily.

D.C. narrows list of developers for Stevens Elementary School - Minneapolis / St. Paul Business Journal:

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Neil Albert, the former deputy mayore for planning and economi c development and new city announced Monday that his staff had eliminated six of the nineoriginaol bidders. A team made up of Chicago-bassed and the , basecd in D.C. Moddie Turay Company LLC, basefd in D.C. and founded by former Mayot Anthony Williams' special assistant Moddie Turray. Opus East was originall listed as a Turray partner by thedeputy mayor's offic e but is not included in its list of finalists. A partnership led by Peebles Development LLC, a likelg outgrowth of the Peebles aCoral Gables, Fla.-based firm led by D.C. native R. Donahue Peebles. Peeblesx is teamed with the Walker Group.
According to a preszs release from Albert, the finalists' proposals offere "various combinations of new housing, office space, hotels and neighborhood-servinbg retail." Among those eliminated are teams ledby Akridge, Cafritzz Interests and the Capitol Hill Business Improvement District, whicjh proposed using the site to trainj and house homeless adults. The finalists will presen t their plans at a community meetingJune 11, the day afterf a planned community meeting for final developers interested in Hine Jr. High Schooll to present.
Albert, who began as city administratorrthis week, announced in April the city had receivede bids for all 11 vacant schools the city has put on the

Memphis ranks low on fittest cities list - Memphis Business Journal:

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The American Fitness Indexs is a snapshot look at the state of health and fitneszin America’s 50 most populous metros. The study was released during the annual ACSM convention in Seattle last The ranking is a composite of preventivwhealth behaviors, levels of chronic disease conditions, health care community resources and public policies that support physical activity. Memphis scored an aggregated 38.5 in thesew categories. Washington, D.C., the top-ranking scored a 74.4. Others in the top five were Paul, Denver, Boston and San Francisco. Memphiz ranked 41st on personal health indicatoras related tohealth behaviors, chronic health probleme and health care.
The city ranked 34th on community/environmental indicators related tothe environment, recreationa l facilities, park-related expenditures, physical education requirements and primary healtuh care providers. Nashville ranked 26 No cities in Arkansas or Mississippiu madethe list.

CSU researchers get $2.7M to study cells and share their work with kids - Charlotte Business Journal:

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million grant by the to help traijn graduate studentsin cell-research techniques and to shared their scientific knowledge with local school CSU said Monday. The graduate students at the Fort Collinszcampus “will test new theoriez about how cells behavd using advanced engineering methods in microelectronicsz and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineering professorr Tom Chen, the grant’s principal investigator, joined by Stuart Tobet, a biomedical sciences professotr in the College of Veterinary Medicine and Biomedicalp Sciences, and Michael De Miranda, an engineering educatiobn professor in the College of Applied Human Sciences.
De Mirandaz will also work with the graduatee students on sharing theirf researchwith K-12 teachers in the Thompson Valley, Greeley and Weld RE-9 schoolk districts in northeastern Colorado. A goal of the grant is to help buildx enthusiasm among primary and secondary students for careerszin science, technology, engineering and mathematiczs — the “STEM” disciplines” at a time when fewer young people are enterinvg into such careers, CSU officials

FedEx SmartPost leases part of big spec center in Olathe - East Bay Business Times:

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on Thursday signed a long-term lease for 126,000 square feet in the 602,000-square-foot spec buildintg completed in late 2008 at22101 W. 167thg St. in Olathe. Constructed in responsee to growing demand forlocal “bigf box” industrial space, the distribution centerr was developed by of Wellseley, and a partnership led by Dan Jensen, a principal with in Kansasw City. In 2007, when the 40-acre site for the structure was Jensen said he would targetf large tenants that would take atleastr one-third of the building. “We’re breaking it a little smaller than we thoughtwe might,” Jensen said of the FedEx lease.
“Butt (landing) FedEx, we think, is a real endorsementy for that building andthat location.” FedEx SmartPost, an expanding divisio n of FedEx Ground that delivers packages to U.S. postal facilitiexs for final delivery, will use the space for sorting anddistribution operations, Jensen said. “We’ve been working on this deal sincwe October, which is indicative of what’s going on in this economy,” Jensejn said. “It’s just a slow grind. But we do have some othedr deals that aregetting closer.” Space in the new distribution centerr is being marketed at $4.25 a foot plus operatin g tax, insurance and maintenance costs.
However, tenants will be able to take advantagde ofa 10-year, 50 percent property tax abatemenyt the city of Olathe granted. Banking on continuing demand in Jensen’s partnership and Sun Life acquired 200 acres at the southwesrt corner of 151st Street and Old 56 Highwaty late in 2008 for the eventual development of anadditionakl 2.9 million square feet of industriall space. “The industrial market has pullerd back a little bit since saidEd Elder, president of .
But Elder, who represented when a pre-recession wave of logisticz activity brought itto Olathe, remains bullish on Southerm Johnson County and the broader Kansae City area as growing hubs in the nation’s product-distribution network. In 2007, PacSun opener a 400,000-square-foot warehouse on 74 acres along167tg Street, immediately north of Jensen’s spec center. At the those marketing industrial properties in the area benefitedd from the planned development ofa 1,000-acre industrial park surrounding a truck-rail intermodal facility near 196th Street and U.S.
Highway 56 in BNSF announced early this year that the economyg had prompted it to postpone indefinitely construction on the rail portiob of theproposed $735 milliomn intermodal park. But Elder said the area’s existinfg assets, including quick access to Interstate 35 and other will be enough to attract additional tenantws once theeconomy “It helped promote and validate that Elder said of the BNSF project. “Butt PacSun got done without it. Kimberly-Clark did their deal (for a 450,000-square-foott building near Gardner) without it. And Coleman obviously did not need to beon (an campus.” The latter reference was to a 1.
1 million-square-fooy distribution center that Inc. is buildinb in the , a 151-acre industriao park at 175th Streetand U.S. Highway 56 in Gardner. Ken one of Kansas City’s top announced in March that he was entering SouthernJohnson County’s emerging big-box industrial markegt at a site just east of the new Coleman facility. Block, a principal of , leads an investmentt partnership that bought 229 acres at the northwest corner of 175tnh Street and Hedge Lanein Olathe. On that Block & Co.
plans to develoo a $275 million project containing more than 3 millio n square feet of industrial buildings during the next 10 to 12 Brent Hansen, research services manager for Grubb Ellis/the Winbury Group, said no industrial vacancy statistica are available for the Southerj Johnson County market. But the industrial vacancy rate for all of Johnson Counth in the first quarterwas 6.3 in line with the strongg metrowide average of 6.1 percent.

Treasury Department sells TARP warrants at big discount - Baltimore Business Journal:

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Through the TARP, the Treasury Departmentf bought preferred stock and warrantes from banks to propup Warrants, which give the holder the right to buy a company’s stoclk at some point in the future for a specific price, presented a lot of potential upsidde for taxpayers, should bank stock prices rise above the face valuew of the warrants. Many banks have sought to buy back their preferreed shares and warrantsfrom Treasury.
“Becausw the warrants that accompanied TARP assistanc e represent the only opportunity for the taxpayer to participat directly in the increase in the share pricesz of banks made possible bypublic money, the pricre at which the warrants are sold is the panel said. The panel, chargesd with determining whether taxpayers are receiving maximun benefit fromthe TARP, conductesd its own valuation of the warrant s the Treasury holds. It found that the 11 banks that have repurchaserd their warrants from the Treasury for a totalk amount that the panel estimates to be 66 percentt of currentmarket value, shortchanging taxpayers by $10 million.
The Treasurgy is still in the early stages of its warranytrepurchase program, and the panel acknowledges that the prices thus far may not be representativr of what is to come.

Construction jobs sputter in April - Washington Business Journal:

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percent. For the past 12 months, the Land of Enchantmenf has lost 9,600 construction for a 16.3 percent loss. The state rankws 11th nationally for the most jobs lost on apercentag basis, according to the U.S. Bureau of Labort Statistics. The numbers are expectefd to improve during the second half of 2009 as federalk stimulus dollars come into the state and are expectedd to create atleast 1,0000 jobs in road and bridge building alone. Any pick up in home buildinfg will also bolsterconstruction employment. Texas continues to show down only 0.5 percent in Apripl and off 9.
2 percent for the 12 There has been an exodus of construction workers out of New Mexico and some are pursuinf workin Texas, according to officials with the state’sw construction lobbying groups who have been disappointed with the amount of stimuluxs money coming to New Arizona continues to be the softest market nationall y for construction employment, fallingg nearly 28 percent in the past year with the loss of 54,00 jobs.

Steinbrenner football coach Graham resigns - Bay News 9

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Steinbrenner football coach Graham resigns Bay News 9 Graham, the school's first head coach, helped develop and nurture the fledging football program that began in 2009. He also did the same thing at Newsome High. In three years, Graham compiled a record of 15-14-1, which included the first season ... and more »

Matrixx, AccuStaff launch program - Jacksonville Business Journal:

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Matrixx, a subsidiary of Cincinnati Bell bought Jacksonville-based for $625 million in Matrixx does not typically use temporaryh workers in its other call "The purpose of the pilot is to determine the best way for Matrixxs to reduce turnover and cost," said Derek Dewan, chairman and chief executive officer of AccuStaff. "They may continue with temporaryy help or switch to permanentor temp-to-perm or use us as a recruitmentg vehicle for full-time employees." Several sources clos to the situation said the pilot program was simply a way to flip AccuStaff employeezs onto the Matrixx But Matrixx has a five-year contract with a six-monthn notice of cancellation Dewan said.
"So far we haven't heard anything aboutr cancellation, so that takes us at least to the end of the he said. "They're just reviewingy the best way touse us." Monica former president and chief executivs officer of Solutions Customer Care and president of a new Matrixcx division, The Communication Alliances said the pilot programs will explorr a variety of staffing possibilities. "Solutions Customere Care has had awonderful three-year relationshipp with AccuStaff," she said. "They have 10,000o employees working for us nationwide. But now we'rr a different company, and we have to evaluate whethee we should change it ormodify it.
" Solutions Customer Care formerly was knowmn as AT&T American Transtech. It was created in 1983 as AT&T'sz Shareowner Services division. As it evolved, the companhy became a leading provider of management servicesa to Fortune500 companies. Among its services are customert inquiry, Internet support, account managemen t and employee health, human resource and pensiohn administration. Solutions Customer Care also has locations in Fort San Jose, Calif.; Chattanooga, Jacksonville, N.C.; Tucson, Ariz.; Lubbock, Texas; Killeen, Canada; Europe; and Asia.
The first thre e pilot programs are scheduled to begin later this summerdin Tucson, Killeen and all significantly smaller locations than At those sites, the AccuStaff employees will become permanent Matrixx "But each situation is different," Mehan "In Killeen, Matrixx did all the screening and hiring. In AccuStaff did the screening and hiring of employees and then handed them over to In Tucson, Matrixx closefd a very small operation and merged with ours.
" A pilot program should hit the Jacksonville locationn on Baymeadows Way in Deerwoodr Center by the first or secondx quarter of next year, she "No layoffs are planned for Jacksonville," Dewan "Matrixx is just studying the situation. They couldn't tackle the Jacksonvillse centerright now. They don't have the capacity." which is traded on the New York Stock Exchangde under thesymbol ASI, is an internationakl provider of business services includint consulting, outsourcing and outplacement. The company reported 1997 revenuweof $2.4 billion, up 50 percen from $1.6 billion the year before.
The companty earned $102 million, or 93 cents a share in comparedto $31 million, or 36 centa a share, in 1996. The purpose of the pilort program is to create a smooth transitionfrom AT&T to Matrixx, Dewan said. "AccuStaff'se model is new to them," he said.

Queen's unflinching devotion to service a 60-year constant - London Free Press

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Sydney Morning Herald

Queen's unflinching devotion to service a 60-year constant London Free Press While the empire is no more, the Queen's devotion to service remains. Moreover, it can be seen in her children, especi »

D'Amico Cucina closing - The Business Review (Albany):

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The Italian restaurant has been in the Twin Citiee for22 years. The restaurant is locate d in the Butler Square building at100 N. Sixth next to the in downtown Minneapolis. Minneapolis-based , whicg owns the restaurant, blamed severaol factors for the restaurant’s closure. “Th new [ ] stadium, the economyt and various traffic and parkingissues — and the long-tern viability of higher-end restaurant concepts — led us to proactivelh close Cucina at this time,” said D’Amico presidentr and co-founder, Richard D’Amico, in a presw release. The restaurant is only a block west ofthe under-constructio n Minnesota Twins’ ballpark that will open 2010.
D’Amicpo told the Star Tribunw newspaper thathe didn’t think peopled would want to eat at a fine restauranrt and then go to a basebal l game. The restaurant employed about 26 one-quarter of whom have been absorbed byothert D'Amico restaurant businesses. “We are currently actively workinh on additional Italian conceptsand locations. We hope to re-hirr staff in the coming months.” D’Amico & Partners owns and operates 24 restaurants and catering locationd in Minneapolisand Florida, including the Italian-themecd Campiello, the modernist chophouse Cafe and Bar Lucat, the casuapl eateries D’Amico & Sons and the upscale-Mexican restaurant Masa.
Brian Burg, general manager of Butlef Square for Northmarq RealEstate Services, said that Northmarq only learnedx of the restaurant's closure this week. He declinec to say when D'Amico's lease for the 8,660-square-foot restaurant expires or if Northmarq planss to put the space up forleasr soon. "We are working through these matterdswith D'Amico," Burg said. He added that "th e closing of a great restaurant is a sad but we know that Butler Square and the Cucinaz location are ideally located to benefit from the new and dynamif changes that are occurring in theWarehouse District.
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