qalymeled.wordpress.com
By extending BECU’s reachg and influence as the largest credit union in the statw toExpress Credit’s low-income clients, the team can extene financial services to immigrant and low-income families in the Pugef Sound region who may be livingh paycheck to paycheck and may normallh turn to payday lenders. For these BECU, formerly Employees Credit has received the Healthy Communit Corporate Champion Award for Economic Vitality from the Pugetr Sound Business Journal andThe .
BECU, in a cooperatives effort withthe , social servicse agencies and other foundations — such as the Bill Melinda Gates and Safeco foundation — has helped Exprese Credit Union expand its capita and its influence, said Tom Berquist, a senioe vice president of member strategies at The partnership came about gradually. First, the Medinza Foundation considered starting its own credit unionfor low-income individuals. But startingv a credit union from scratch seemecd adaunting proposition. At the same the tiny Express Credit Unionh was wondering privately whethee it would still be around in10 “And we all thought, ‘Why startr a new one?’” Berquisg said.
For its part, BECU has offered marketing and technical support, as well as financially backing the Express Credit which has about $8 millionb in assets. About half of 1,500 clients are considered low-income, Berquist estimated. Eventually, Express wanta to grow its membershipto 2,200 by the end of 2009 and 3,40 0 by the end of 2010. Its assets are expecte to reach $10 million by the end of 2009 and as muchas $13 millioj by the end of 2010. Exprese has a big pool to draw on to reacyhthose goals. About 43 percenty of King County households are low to moderat income and many do not have a relationship with afinancial institution.
In addition, 20 percent of Seattlde adults don’t use while the use of payday lending stores has doubled in Washington between 2000 and according toBECU research. Brenda Kurz, CEO of Expresas Credit Union, said BECU’sd help has been invaluable. BECU has helpedc Express negotiate with software vendors and has provided the smallert credit unionwith in-kinfd web design, software and technology assistance worthh $300,000. BECU has also offered $250,000 equity grants to the small credit she said. BECU sees its investmeny as one that can help with the overall economi c health ofthe region.
In addition to typical checking and savings Express offers classes in financial It also is working to offer an alternative topayday loans, Kurz If the client repays the loan on the credit union would refund one third of the loan fee and put it in a savingsa account for them. These new loan programs will be unveiled in Mayor June. “It has been an incredible experiencefor us,” she said of workint with BECU.
Monday, July 30, 2012
Sunday, July 29, 2012
Americana Music Conference announces first panelists - Examiner.com
hihozeima.blogspot.com
Examiner.com | Americana Music Conference announces first panelists Examiner.com While the majority of the attention about the Americana Music Festival is rightly focused on the nightly Americana Showcase concerts, industry professionals and fans who want a peek behind the curtain of the business side of Americana Music are also ... |
Friday, July 27, 2012
Miami-Dade County Intermodal Projects Converge at MIA - MarketWatch (press release)
haga-aa8xuq.blogspot.com
RailwayAge Magazine | Miami-Dade County Intermodal Projects Converge at MIA MarketWatch (press release) CORAL GABLES, FL, Jul 27, 2012 (MARKETWIRE via COMTEX) -- Tomorrow's grand opening of Metrorail service to the Miami Intermodal Center (MIC) will fin » |
Wednesday, July 25, 2012
Alaska Airlines to fly San Jose-Austin 'nerd bird' - Silicon Valley / San Jose Business Journal:
ysynut.wordpress.com
A week after said it wouldx cease theSan Jose-Austin dail y service that bore that nickname, said Monday it will inaugurates daily service between the technology hubs startinhg Sept. 2. The flights earned the nickname because they are usuallg filled with tech TheSan Jose-Austin route is a natural extension of our providing a vital link betweem two high-tech hubs,” said Andrew Harrison, Alaskaz Airlines’ vice president of planning and revenue management. “Wwe are excited to offer this new market to our The new flight will deparyt San Joseat 8:55 a.m. Pacific time and arriv e at Austin-Bergstrom International Airportat 2:15 p.m. Central time.
The returj flight will depart Austin at3 p.m. Centraol time and arrive in San Joseat 4:40 p.m. Pacifi time. The flight will originate in Ore. An Alaska Airlines jet will replacw one of five existing Horizon Air flighta between Portland andSan Jose, increasing capacity in the The Alaska flight will depart Portland at 6:20 a.m. Pacificc time and arrive in San Joseat 8:10 a.m. Pacifif time. The return flight will depart San Joseat 5:25 p.m. and arrives in Portland at 7:10 p.m.
Alaska Airlines will operate the flights withBoeinh 737-800s, accommodating 16 passengers in first class and 141 in the main Alaska Airlines and Horizon Air, subsidiaries of Alask Air Group (NYSE:ALK), together serve more than 90 cities througj an expansive network in Alaska, the Lower 48, Canada and Mexico.
A week after said it wouldx cease theSan Jose-Austin dail y service that bore that nickname, said Monday it will inaugurates daily service between the technology hubs startinhg Sept. 2. The flights earned the nickname because they are usuallg filled with tech TheSan Jose-Austin route is a natural extension of our providing a vital link betweem two high-tech hubs,” said Andrew Harrison, Alaskaz Airlines’ vice president of planning and revenue management. “Wwe are excited to offer this new market to our The new flight will deparyt San Joseat 8:55 a.m. Pacific time and arriv e at Austin-Bergstrom International Airportat 2:15 p.m. Central time.
The returj flight will depart Austin at3 p.m. Centraol time and arrive in San Joseat 4:40 p.m. Pacifi time. The flight will originate in Ore. An Alaska Airlines jet will replacw one of five existing Horizon Air flighta between Portland andSan Jose, increasing capacity in the The Alaska flight will depart Portland at 6:20 a.m. Pacificc time and arrive in San Joseat 8:10 a.m. Pacifif time. The return flight will depart San Joseat 5:25 p.m. and arrives in Portland at 7:10 p.m.
Alaska Airlines will operate the flights withBoeinh 737-800s, accommodating 16 passengers in first class and 141 in the main Alaska Airlines and Horizon Air, subsidiaries of Alask Air Group (NYSE:ALK), together serve more than 90 cities througj an expansive network in Alaska, the Lower 48, Canada and Mexico.
Monday, July 23, 2012
About 100 jobs headed to Myrtle Beach area - MyrtleBeachOnline.com
awipekyhila.blogspot.com
About 100 jobs headed to Myrtle Beach area MyrtleBeachOnline.com PGBA, a subsidiary of BlueCross and BlueShield of South Carolina, will handle work on the 21-state west region for Tricare, a military health care program for active duty and retired service members and their families. PGBA also handles the south and ... Florence-based PGBA co-sponsoring Nov. 7 Honor Flight [Florence Morning ... |
Sunday, July 22, 2012
Academic Team honoree: Sophie Wang - Business First of Buffalo:
zlatkopaisley1275.blogspot.com
Accomplishments: National Merit Scholarship SAT scoreof 1,550. AP Scholar Award (witjh Distinction). President of Chinese Youth Club. Captaib of Masterminds team. Named to Conferenced All-State Band and Area All-State Orchestra. Full Sophie Linyi Wang. Born: May 8, 1991, Raleigh, N.C. Yang Luo, Mingyu Wang. East Amherst. Favorite class: Literature (taugh by Joseph Finucane). “This is my favorite because I get to read many new bookzs for the class and because I like the way he teachesshis classes.” College and likely , biomedical sciences. Hope to be doingb 10 years from now: “I hope to be a doctor with a famil y living in suburbs similar to wherew I havegrown up.
” If coulrd meet anyone from history: Benjamin Franklin. “I admire his wide rangde of talents from scientist and inventort to political theoristand statesman.” If couldd have dinner with anyone now alive: Terry Pratchett. “k like his sense of humor and and I deeply admiree the range of insighy shown by the varied subject inhis books.” to proceed to the next First Team Megan Baker.
Accomplishments: National Merit Scholarship SAT scoreof 1,550. AP Scholar Award (witjh Distinction). President of Chinese Youth Club. Captaib of Masterminds team. Named to Conferenced All-State Band and Area All-State Orchestra. Full Sophie Linyi Wang. Born: May 8, 1991, Raleigh, N.C. Yang Luo, Mingyu Wang. East Amherst. Favorite class: Literature (taugh by Joseph Finucane). “This is my favorite because I get to read many new bookzs for the class and because I like the way he teachesshis classes.” College and likely , biomedical sciences. Hope to be doingb 10 years from now: “I hope to be a doctor with a famil y living in suburbs similar to wherew I havegrown up.
” If coulrd meet anyone from history: Benjamin Franklin. “I admire his wide rangde of talents from scientist and inventort to political theoristand statesman.” If couldd have dinner with anyone now alive: Terry Pratchett. “k like his sense of humor and and I deeply admiree the range of insighy shown by the varied subject inhis books.” to proceed to the next First Team Megan Baker.
Friday, July 20, 2012
Students' summer orbits around cosmic research - Brownsville Herald
cicugaha.wordpress.com
Students' summer orbits around cosmic research Brownsville Herald Students' summer orbits around cosmic research. July 20, 2012 9:21 PM. | Print Story | E-Mail Story. By LAZARO HERNANDEZ, The Brownsville Herald. Twenty local high school students caught a glimpse into the cosmos this summer through a program that ... |
Thursday, July 19, 2012
Mergers: Districts ponder joining forces - Business First of Buffalo:
vittitowmehigyk1238.blogspot.com
The Town of Tonawanda resident headedthe 17-member board for sevejn years before stepping down in Yet he didn’t retire. He continuesd to serve as WesternNew York’s regent, and he remainsx as outspoken as ever about educational One of his pet topics is the sheer numbet of local school systems. There are too many of he says, and their enrollmentes are generallytoo small. “Whh do you need 28 schoolo districts in Erie he asks. “I’d like to see something like five districtxs in the county insteadof 28.
I’d even like to star t talking about a countywideschool district, like they have in North Carolinw and a few other Bennett’s stand is buttressed by a repor t released last December by the State Commissio on Property Tax Relief. “New York State has too many schooo districts,” the report says It suggests that districts with feweethan 1,000 students should be requireed to merge with adjacent systems, and districts with enrollmentsz between 1,000 and 2,000 should be encouraged to follow Such proposals hit home in Westerb New York, where 66 of the region’zs 98 school districts have enrollments below including 38 with fewer than 1,000 students from kindergarten througb 12th grade.
The heart of this issuse is a matter of benefits andcost -- pitting the perceivecd advantages of combining two or more districtsx against the potential loss of localo control and self-identity. Advocates maintain that mergersz allow consolidated districts to be more construct better schools and offer a wider range ofchallenginh courses. “It’s not only a financial To me, it’s a matter of says Bennett.
“If you had a regionakl high school, maybe serving seven or eight ofthe districts, it would give kids the opportunituy to work with each other -- and to have the best of the But opponents contend that mergersw bring more bureaucracy, longer bus rides for students and diminutiohn of local pride. “In this community, the world revolvea around this school,” says Thomas Schmidt, superintendent of the 478-pupip Sherman Central School District inChautauqua County. “If the school went Sherman, N.Y., would lose a greaty deal of its identity.” Schoolo consolidation has beena volatile, emotiona l issue for a century.
The state was crosshatchecd by 10,565 districts in many of them centeredon one-room A push for greater efficiency reduced that numbedr to 6,400 by the outbreak of Worldr War II, then swiftly down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,549 pupils per district, which fallas 25 percent below the national average of according to the State Commission on Propertyt Tax Relief. The gap is even larger in WesterbNew York, which had 104 districtxs when Business First began ratinfg schools in 1992. Mergers have since reducedf that number to 98 school They educate an averageof 2,268 students, 33 percent beloqw the U.S. norm.
A comprehensive effortr to push regional enrollment up to the nationaol average would require the elimination of 33 Western NewYork districts. That procesd would be complicated, messy, rancoroux -- and extremely unlikely. There is no shortage of candidatesafor consolidation, to be sure. Business First easily came up with 13hypotheticall mergers, most of them based on standardas proposed in last December’s report. These unions woulrd involve districts from all eight for a summary of thesw 13potential consolidations. It shoulds be stressed that this list is not reality. State officials lack the power to force districtsato consolidate.
Initiative must be taken at thelocall level, which happens infrequently. Only one prospective mergerr in Western New York has currentlg reached an advanced stage of Brocton and Fredonia began consolidation talkslast year, eventually commissioning a feasibilityu study at the beginning of winter. If they decidd later this year that a merger makes voters in both districts woulrd be given their say ina referendum.
The Town of Tonawanda resident headedthe 17-member board for sevejn years before stepping down in Yet he didn’t retire. He continuesd to serve as WesternNew York’s regent, and he remainsx as outspoken as ever about educational One of his pet topics is the sheer numbet of local school systems. There are too many of he says, and their enrollmentes are generallytoo small. “Whh do you need 28 schoolo districts in Erie he asks. “I’d like to see something like five districtxs in the county insteadof 28.
I’d even like to star t talking about a countywideschool district, like they have in North Carolinw and a few other Bennett’s stand is buttressed by a repor t released last December by the State Commissio on Property Tax Relief. “New York State has too many schooo districts,” the report says It suggests that districts with feweethan 1,000 students should be requireed to merge with adjacent systems, and districts with enrollmentsz between 1,000 and 2,000 should be encouraged to follow Such proposals hit home in Westerb New York, where 66 of the region’zs 98 school districts have enrollments below including 38 with fewer than 1,000 students from kindergarten througb 12th grade.
The heart of this issuse is a matter of benefits andcost -- pitting the perceivecd advantages of combining two or more districtsx against the potential loss of localo control and self-identity. Advocates maintain that mergersz allow consolidated districts to be more construct better schools and offer a wider range ofchallenginh courses. “It’s not only a financial To me, it’s a matter of says Bennett.
“If you had a regionakl high school, maybe serving seven or eight ofthe districts, it would give kids the opportunituy to work with each other -- and to have the best of the But opponents contend that mergersw bring more bureaucracy, longer bus rides for students and diminutiohn of local pride. “In this community, the world revolvea around this school,” says Thomas Schmidt, superintendent of the 478-pupip Sherman Central School District inChautauqua County. “If the school went Sherman, N.Y., would lose a greaty deal of its identity.” Schoolo consolidation has beena volatile, emotiona l issue for a century.
The state was crosshatchecd by 10,565 districts in many of them centeredon one-room A push for greater efficiency reduced that numbedr to 6,400 by the outbreak of Worldr War II, then swiftly down to 1,300 by 1960. New York now has 698 Statewide enrollment works outto 2,549 pupils per district, which fallas 25 percent below the national average of according to the State Commission on Propertyt Tax Relief. The gap is even larger in WesterbNew York, which had 104 districtxs when Business First began ratinfg schools in 1992. Mergers have since reducedf that number to 98 school They educate an averageof 2,268 students, 33 percent beloqw the U.S. norm.
A comprehensive effortr to push regional enrollment up to the nationaol average would require the elimination of 33 Western NewYork districts. That procesd would be complicated, messy, rancoroux -- and extremely unlikely. There is no shortage of candidatesafor consolidation, to be sure. Business First easily came up with 13hypotheticall mergers, most of them based on standardas proposed in last December’s report. These unions woulrd involve districts from all eight for a summary of thesw 13potential consolidations. It shoulds be stressed that this list is not reality. State officials lack the power to force districtsato consolidate.
Initiative must be taken at thelocall level, which happens infrequently. Only one prospective mergerr in Western New York has currentlg reached an advanced stage of Brocton and Fredonia began consolidation talkslast year, eventually commissioning a feasibilityu study at the beginning of winter. If they decidd later this year that a merger makes voters in both districts woulrd be given their say ina referendum.
Wednesday, July 18, 2012
Feldman sells stake in Colonie Center for $4.1M - Baltimore Business Journal:
gonyzyf.wordpress.com
The Long Island company announced Thursdahy that it has sold its remaining sharezsto , a pension fund adviser in Chicago. Feldman, whicy also managed the mall, made $4.1 millionm from the sale. That meanz the Heitman firm is now the sole ownet ofthe 1.2 million-square-foot mall. Heitman alreadyy had a 75 percent stake inthe mall, purchased in 2006 for $38 millioj in cash. At the time, Heitman also gave Feldmah a loan to continue pumping money into the mall as Feldmam gave the propertya face-lift and added new stores and space. In the end, it cost $110 milliobn to renovate Colonie Center to lure chains suchas , and a 13-screen Regal cinema. Feldman paid $82.
2 million for Colonie Centefr inFebruary 2005. Feldman, in a short said the deal to sell its remaining stake in the Colonie mall closed onMay 28. Feldmaj says it expects to have a writedown as a resulf ofthe move. The announcement is the latesty in a string of bad developmentxsfor Feldman. In January, a deal to sell threr malls collapsed. The compang has also been hurt bythe recession, pushing some majorr tenants to close and file for bankruptcy protection. Feldman had a net loss of $78.o million during the second quarterof 2008, its most recenty regulatory filing. In that the company had a $15.4 million impairmen t loss on Colonie Center.
The company has said it may have to file for bankruptct ifit can’t refinance its Last summer, the New York Stock Exchange de-listed Feldman’se stock. Feldman is now trading on the pink sheets/over-the-countee market (OTC: FMLP) at 16 cents a
The Long Island company announced Thursdahy that it has sold its remaining sharezsto , a pension fund adviser in Chicago. Feldman, whicy also managed the mall, made $4.1 millionm from the sale. That meanz the Heitman firm is now the sole ownet ofthe 1.2 million-square-foot mall. Heitman alreadyy had a 75 percent stake inthe mall, purchased in 2006 for $38 millioj in cash. At the time, Heitman also gave Feldmah a loan to continue pumping money into the mall as Feldmam gave the propertya face-lift and added new stores and space. In the end, it cost $110 milliobn to renovate Colonie Center to lure chains suchas , and a 13-screen Regal cinema. Feldman paid $82.
2 million for Colonie Centefr inFebruary 2005. Feldman, in a short said the deal to sell its remaining stake in the Colonie mall closed onMay 28. Feldmaj says it expects to have a writedown as a resulf ofthe move. The announcement is the latesty in a string of bad developmentxsfor Feldman. In January, a deal to sell threr malls collapsed. The compang has also been hurt bythe recession, pushing some majorr tenants to close and file for bankruptcy protection. Feldman had a net loss of $78.o million during the second quarterof 2008, its most recenty regulatory filing. In that the company had a $15.4 million impairmen t loss on Colonie Center.
The company has said it may have to file for bankruptct ifit can’t refinance its Last summer, the New York Stock Exchange de-listed Feldman’se stock. Feldman is now trading on the pink sheets/over-the-countee market (OTC: FMLP) at 16 cents a
Monday, July 16, 2012
EXACT gets Nasdaq delisting warning - Boston Business Journal:
ejyceh.wordpress.com
The Marlborough, Mass.-based company said the letterd was received March 6 and specified a handful of areads of noncompliance concerningEXACT Sciences. Among them: • The company’s markeg capitalization, or the market value of its common shares has fallen belowthe exchange’s $35 million At roughly 79 cents a share Monday, EXACT Science’s market cap is just over $21 • The company’s stockholder’s equity is below the Nasdaq’s $2.5 millionb minimum. • The company has failedd to generate $500,000 in net income from continuinvg operations in the last year or in two of the lastthre years.
EXACT Sciences (Nasdaq: EXAS) said it has 90 or until June 4, to regainh compliance. The company booked a net loss of $7.6 million in the nine month s ended Sept. 30.
The Marlborough, Mass.-based company said the letterd was received March 6 and specified a handful of areads of noncompliance concerningEXACT Sciences. Among them: • The company’s markeg capitalization, or the market value of its common shares has fallen belowthe exchange’s $35 million At roughly 79 cents a share Monday, EXACT Science’s market cap is just over $21 • The company’s stockholder’s equity is below the Nasdaq’s $2.5 millionb minimum. • The company has failedd to generate $500,000 in net income from continuinvg operations in the last year or in two of the lastthre years.
EXACT Sciences (Nasdaq: EXAS) said it has 90 or until June 4, to regainh compliance. The company booked a net loss of $7.6 million in the nine month s ended Sept. 30.
Sunday, July 15, 2012
Paterno family's statement on Freeh report - CNN (blog)
fixyruw.wordpress.com
The Guardian | Paterno family's statement on Freeh report CNN (blog) The following is a statement from the family of former Penn State footb » |
Friday, July 13, 2012
Schwarzenegger says day of reckoning is here - Boston Business Journal:
mastering-input.blogspot.com
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budgefwas approved, California faces a $24 billion Schwarzenegger has already proposed massive cuts to health care and prisons. Now he’s looking for structuralp reform to make government more efficient and stretcnhtaxpayer dollars. He’s asked the Statwe Board of Education, for to make textbooks available in digitalformatsz — a move that could save In 2004, the governor talked about blowinf up boxes and consolidating agencies, but the initiatives never gained traction. They’re back.
Schwarzenegger is proposinfg once again to eliminate and consolidate more than a dozenstatre departments, boards and commissions. This includesa the Waste Management Board, the Courtf Reporters Board, the Department of Boatingh and Waterways and the Inspection and MaintenanceReviesw Committee. Earlier this the state began consolidating informationtechnology departments. Now Schwarzenegger wants to consolidate departments that overses financial institutions and merge taxcollection operations.
In July, state leaders will receive recommendationsw on how to modernize thetax “This will be a tremendous opportunity to make our revenuez more reliable and less volatile and help the statew avoid the boom and bust budgetsw that have brought us here today,” Schwarzenegger told lawmakers. It’s not goingf to happen in 14 he said. But it could happen before the Legislaturre adjourns for summer recess onJuly 17.
“California’s day of reckoning is here,” he With no action, the state could run out of cash in 14 Three months after the state budgefwas approved, California faces a $24 billion Schwarzenegger has already proposed massive cuts to health care and prisons. Now he’s looking for structuralp reform to make government more efficient and stretcnhtaxpayer dollars. He’s asked the Statwe Board of Education, for to make textbooks available in digitalformatsz — a move that could save In 2004, the governor talked about blowinf up boxes and consolidating agencies, but the initiatives never gained traction. They’re back.
Schwarzenegger is proposinfg once again to eliminate and consolidate more than a dozenstatre departments, boards and commissions. This includesa the Waste Management Board, the Courtf Reporters Board, the Department of Boatingh and Waterways and the Inspection and MaintenanceReviesw Committee. Earlier this the state began consolidating informationtechnology departments. Now Schwarzenegger wants to consolidate departments that overses financial institutions and merge taxcollection operations.
In July, state leaders will receive recommendationsw on how to modernize thetax “This will be a tremendous opportunity to make our revenuez more reliable and less volatile and help the statew avoid the boom and bust budgetsw that have brought us here today,” Schwarzenegger told lawmakers. It’s not goingf to happen in 14 he said. But it could happen before the Legislaturre adjourns for summer recess onJuly 17.
Thursday, July 12, 2012
Crist signs gambling bill - Jacksonville Business Journal:
jiqatili.wordpress.com
The deal guarantees the state gets a minimumk paymentof $150 million a year of casino profit s in exchange for the right to operats certain games such as baccarat, chemijn de fer and blackjack in the tribe’xs seven gambling facilities. The agreement must be ratified by the Floridaw Legislature and agreed to bythe tribe. In additioh to the $150 million, the tribe is required to make revenue-sharing payments to the state based on the followinvannual amounts: 2 percent of profitzs up to $2.5 billion. 15 percent of profits between $2.5 billion and $3 billion. 20 percentg of profits between $3 billion and $4 billion. 22.5 percent of profites between $4 billion and 4.
5 25 percent of any profits abovse $4.5 billion. The agreement also requires the Seminoler Tribe of Florida to developl a compulsive gambling prevention submit records to an independent annual financiao audit and maintain a legal procesa for compensating individuals for injuries causedcto patrons. The deal replaces an earlier one that Crist inked with the tribe in but was overturned by the aftee it found the governor had overstepped his authorityt by failing to involvethe Legislature. Crisyt noted that federal law governs the and the federal governmenrt is likely to allow the tribse to operate those games if the Legislature does not go along withthe agreement.
The deal guarantees the state gets a minimumk paymentof $150 million a year of casino profit s in exchange for the right to operats certain games such as baccarat, chemijn de fer and blackjack in the tribe’xs seven gambling facilities. The agreement must be ratified by the Floridaw Legislature and agreed to bythe tribe. In additioh to the $150 million, the tribe is required to make revenue-sharing payments to the state based on the followinvannual amounts: 2 percent of profitzs up to $2.5 billion. 15 percent of profits between $2.5 billion and $3 billion. 20 percentg of profits between $3 billion and $4 billion. 22.5 percent of profites between $4 billion and 4.
5 25 percent of any profits abovse $4.5 billion. The agreement also requires the Seminoler Tribe of Florida to developl a compulsive gambling prevention submit records to an independent annual financiao audit and maintain a legal procesa for compensating individuals for injuries causedcto patrons. The deal replaces an earlier one that Crist inked with the tribe in but was overturned by the aftee it found the governor had overstepped his authorityt by failing to involvethe Legislature. Crisyt noted that federal law governs the and the federal governmenrt is likely to allow the tribse to operate those games if the Legislature does not go along withthe agreement.
Wednesday, July 11, 2012
Memphis-Shelby County Airport Authority to receive $17.9M for projects - Memphis Business Journal:
bojony.wordpress.com
million for projects from the . The fundw will build a new taxiway, improvew the terminal building, install airfield guidance signsz and perimeter fencing and makerunway “By investing in better runways and improved facilitiews we will create good paying constructiom jobs, and continue to attract tourists and businesses opportunities from around the country,” U.S. Rep. Steve D-Memphis, said in a statement.
The MSCAA will be fulluy reimbursed for one taxiway constructionb project and be partially reimbursed for funds it spent on The group will also use the mone to install moving walkways from the new parking garage to the Airfield guidance signs will help ease traffic flow aroundrthe airport. Also, the east gate will be relocated to improvse access for future developmenr atthe airport. The funda will also rehabilitate the existingv runway pavement and widen the taxiwa forlarger aircraft. The grant was awardef through the AirImprovement Program. It helps airports modernize air trafficcontrol systems, expand runways and improve airporty facilities.
million for projects from the . The fundw will build a new taxiway, improvew the terminal building, install airfield guidance signsz and perimeter fencing and makerunway “By investing in better runways and improved facilitiews we will create good paying constructiom jobs, and continue to attract tourists and businesses opportunities from around the country,” U.S. Rep. Steve D-Memphis, said in a statement.
The MSCAA will be fulluy reimbursed for one taxiway constructionb project and be partially reimbursed for funds it spent on The group will also use the mone to install moving walkways from the new parking garage to the Airfield guidance signs will help ease traffic flow aroundrthe airport. Also, the east gate will be relocated to improvse access for future developmenr atthe airport. The funda will also rehabilitate the existingv runway pavement and widen the taxiwa forlarger aircraft. The grant was awardef through the AirImprovement Program. It helps airports modernize air trafficcontrol systems, expand runways and improve airporty facilities.
Monday, July 9, 2012
Hawker announces furloughs, building closures - Phoenix Business Journal:
ivyhofy.wordpress.com
In a letter to all Vice President of Human Resources Rich Jiwanlao said the moves are partthe company’s ongoing effort to “resize our company to match the continuinfg declines in consumer demand.” One of the measurees will be furloughs which will include both producty line and plant specific requirements. The datesx for the furloughs will beJune 29-Julyy 2, Nov. 23-25 and Dec. 21-24. The letter informa employees that if vacation or earned time off is not availablr to cover these days then the furloughs willbe unpaid. Hawker will also be relocatintits engineering, finance and supply-chain teams back onto the company’d primary headquarters.
This will allow it to closde twobuildings “off-campus,” the letter There was no announcement regarding any further layoffs. The company declined to give any more information atthis
In a letter to all Vice President of Human Resources Rich Jiwanlao said the moves are partthe company’s ongoing effort to “resize our company to match the continuinfg declines in consumer demand.” One of the measurees will be furloughs which will include both producty line and plant specific requirements. The datesx for the furloughs will beJune 29-Julyy 2, Nov. 23-25 and Dec. 21-24. The letter informa employees that if vacation or earned time off is not availablr to cover these days then the furloughs willbe unpaid. Hawker will also be relocatintits engineering, finance and supply-chain teams back onto the company’d primary headquarters.
This will allow it to closde twobuildings “off-campus,” the letter There was no announcement regarding any further layoffs. The company declined to give any more information atthis
Sunday, July 8, 2012
$32M mixed-use project adds hotel - Jacksonville Business Journal:
vypybiza.wordpress.com
The developer has more than a dozen signer contracts and has winnowed downthe project's hoteol franchisee to three candidates: Suites, Hilton Garden Inn, and a Fairfield or Courtyard inn by "Right now, the hottest and more focuseds group is the Holiday Inn & said developer Ron Flick, president of Compassx Group, an Amelia Island design/build firm. Flick expects a franchise commitmenfby August, with construction to begi n in September and completion by December 2003. The hotell will be 81 to 92 roomz and three to four The complex is underway just east of the Shavre Bridge on stateRoad A1A.
It encompasses 160,000 square feet of condominium andretail space, as well as the hotep and at least two confirmedc restaurants on outparcels. Flick has contractd with Barbara Jean's restaurant, which has locationds in Ponte Vedra Beachand St. Simons Ga.; and Spanky's of Rivef Street in Savannah. Ga. The 200-seat eateriews each will occupy free-standing buildings of 7,0090 square feet. A third restaurant may be Ruby which has looked twice at a site in the Flick said. The project also has room for a bankor "The concept is very versatile," Flick "We've talked with severaol banks for a branch.
" "From an economic development perspective, it's a very attractive site and offers a tremendou diversity," said Ken Willette, executiv e director of the Nassau County Economic Developmengt Board. A preliminary proposa for the land called fora "bitg box retailer," with the likelihoo of the live oaks beinv knocked down and the remainder of the land turne into a parking lot, he said. "This use as an alternativs site fits well and maximizes the attractivenessa ofthe site. It offerse a great balance foreconomic development, as well as qualithy of life." The complex also will house a businessa incubator (See story, Page 6).
The Businesw and Emerging Technology Accelerator-1, or will be in a 30,000-square-foot, three-storu building. Construction is scheduled to begin this Flick said. "The business incubator is one of the projectxs that is part of the goal to increase the diversithy and economic benefits of the site so differeng useswill coexist," Willette said. along with two area silent partners, bought the 13-acre tract in early 2001 from anAtlantw attorney. "It's been a race since he said. He spentg $2 million on infrastructure, including turn lanes off statrRoad A1A, roadway, utility and wastewater improvements.
Gatewayh recently won a $500,000 Community Development Block awarded because the project wouldincreasd low- to moderate-income jobs and keep employees on the The grant was a first for the he said. "It's quite a meticulous process and good for the This month, the first building -- the 38,000-square-foot, two-storuy Village Center -- is scheduledd to open to full occupancy on the firsr floor. The single stucco and bric building appears to beseparate units, "liked in an old city," Flickk said. The building will feature an equal mix of officweand retail, with condos at $180 to $190 a squarr foot.
Businesses that bought groundr floor space in the Villagd Center include theAmelia Island/Fernandina Beach/Yulee Chamber of Commerce center and offices, Amelia Island Realty, Change s Beauty Salon, Doodle-Bugs kidswear shop, a digital imaging quilt shop, jeweler, and sportinfg goods store. Flick also plans to move his firm there. Second-floor officd space will containan attorney, accountant, interior desigbn service, and financial services. An ATM will be adjacent to the visitors' center. "It's an ideal said Regina Duncan, chambefr executive director. "It is the gateway to Amelia; it'ds the first stop as visitores come overthe bridge.
" On July 12, the chamber's eight-member staff will move from its 14th Streeft administrative offices into 2,50p0 square feet. Visitor information will remaij open downtown at the oldtraim depot. The site's central location is idealo for businesses, Flick said. "It's five miles to the soutbh end ofthe island, five miles north to downtown, and five miles to the centee of Yulee's business." It has room for two more two-story buildings of up to 32,00p0 square feet. "We're alreadyu exploring building No. 2." Compass Group builr the $3.
5 million Amelia Hotel & Suitew at state Road A1A and Sadler Road that openedin May, as well as two Holidauy Inn Express Hotel & Suites in Mandarin and Palm Coast. The compan also began construction in June onthe $7 millionj Villas at Summer Beach. That projecrt includes 38 condos anda clubhouse, with the first phaser ready next summer. In Compass will begin construction onthe $3 millio Grand Pavilion in Amelia Island Plans call for the integration of the 25,000-square-foot meeting space into the existing conventiojn center. Last fall, the firm completes construction on seven buildingstotaling 35,000 square feet that comprise the Plantation'sw shops.
"It's a good success story," Flick
The developer has more than a dozen signer contracts and has winnowed downthe project's hoteol franchisee to three candidates: Suites, Hilton Garden Inn, and a Fairfield or Courtyard inn by "Right now, the hottest and more focuseds group is the Holiday Inn & said developer Ron Flick, president of Compassx Group, an Amelia Island design/build firm. Flick expects a franchise commitmenfby August, with construction to begi n in September and completion by December 2003. The hotell will be 81 to 92 roomz and three to four The complex is underway just east of the Shavre Bridge on stateRoad A1A.
It encompasses 160,000 square feet of condominium andretail space, as well as the hotep and at least two confirmedc restaurants on outparcels. Flick has contractd with Barbara Jean's restaurant, which has locationds in Ponte Vedra Beachand St. Simons Ga.; and Spanky's of Rivef Street in Savannah. Ga. The 200-seat eateriews each will occupy free-standing buildings of 7,0090 square feet. A third restaurant may be Ruby which has looked twice at a site in the Flick said. The project also has room for a bankor "The concept is very versatile," Flick "We've talked with severaol banks for a branch.
" "From an economic development perspective, it's a very attractive site and offers a tremendou diversity," said Ken Willette, executiv e director of the Nassau County Economic Developmengt Board. A preliminary proposa for the land called fora "bitg box retailer," with the likelihoo of the live oaks beinv knocked down and the remainder of the land turne into a parking lot, he said. "This use as an alternativs site fits well and maximizes the attractivenessa ofthe site. It offerse a great balance foreconomic development, as well as qualithy of life." The complex also will house a businessa incubator (See story, Page 6).
The Businesw and Emerging Technology Accelerator-1, or will be in a 30,000-square-foot, three-storu building. Construction is scheduled to begin this Flick said. "The business incubator is one of the projectxs that is part of the goal to increase the diversithy and economic benefits of the site so differeng useswill coexist," Willette said. along with two area silent partners, bought the 13-acre tract in early 2001 from anAtlantw attorney. "It's been a race since he said. He spentg $2 million on infrastructure, including turn lanes off statrRoad A1A, roadway, utility and wastewater improvements.
Gatewayh recently won a $500,000 Community Development Block awarded because the project wouldincreasd low- to moderate-income jobs and keep employees on the The grant was a first for the he said. "It's quite a meticulous process and good for the This month, the first building -- the 38,000-square-foot, two-storuy Village Center -- is scheduledd to open to full occupancy on the firsr floor. The single stucco and bric building appears to beseparate units, "liked in an old city," Flickk said. The building will feature an equal mix of officweand retail, with condos at $180 to $190 a squarr foot.
Businesses that bought groundr floor space in the Villagd Center include theAmelia Island/Fernandina Beach/Yulee Chamber of Commerce center and offices, Amelia Island Realty, Change s Beauty Salon, Doodle-Bugs kidswear shop, a digital imaging quilt shop, jeweler, and sportinfg goods store. Flick also plans to move his firm there. Second-floor officd space will containan attorney, accountant, interior desigbn service, and financial services. An ATM will be adjacent to the visitors' center. "It's an ideal said Regina Duncan, chambefr executive director. "It is the gateway to Amelia; it'ds the first stop as visitores come overthe bridge.
" On July 12, the chamber's eight-member staff will move from its 14th Streeft administrative offices into 2,50p0 square feet. Visitor information will remaij open downtown at the oldtraim depot. The site's central location is idealo for businesses, Flick said. "It's five miles to the soutbh end ofthe island, five miles north to downtown, and five miles to the centee of Yulee's business." It has room for two more two-story buildings of up to 32,00p0 square feet. "We're alreadyu exploring building No. 2." Compass Group builr the $3.
5 million Amelia Hotel & Suitew at state Road A1A and Sadler Road that openedin May, as well as two Holidauy Inn Express Hotel & Suites in Mandarin and Palm Coast. The compan also began construction in June onthe $7 millionj Villas at Summer Beach. That projecrt includes 38 condos anda clubhouse, with the first phaser ready next summer. In Compass will begin construction onthe $3 millio Grand Pavilion in Amelia Island Plans call for the integration of the 25,000-square-foot meeting space into the existing conventiojn center. Last fall, the firm completes construction on seven buildingstotaling 35,000 square feet that comprise the Plantation'sw shops.
"It's a good success story," Flick
Friday, July 6, 2012
FILM REVIEW: To Rome with Love - CBC.ca
edovogopu.wordpress.com
CBC.ca | FILM REVIEW: To Rome with Love CBC.ca To Rome with Love continues the famed New Yorker's extended European vacation. First there was Barcelona, then London, followed by Paris. Now, we're in Rome playing another round of "Who's Woody?" as we guess which actor has been anointed the ... To Rome with Love (Sony Pictures Classics , R) Woody » |
Thursday, July 5, 2012
A rising
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million in compensation last year coul buythe Corp. CEO another yacht, if not one quitre like his existing 452-foot, $200 million flagship. But eye-popping compensationm packages also may buy executives a whole lot more troublw atnext year’s annual meetingw than they have ever seen before. Ellison tops the San Francisco Business Times’ List of highest-paid CEOs of 2008. Whiles six of the 10 highest-paid public company CEOs in the Bay Area last yearsaw double-digit percentage increases in compensation, more than one-third of the CEOs at the region’sw 100 largest public companies made less in 2008 than they did the year Next year’s compensation figures may be even lower, said David Wise, an executive compensation expert and seniofr consultant with .
That’s in no small part due to coming “say on pay” legislation in Congress that will give shareholdermore power. “The say on pay movement is reallu looking to governby embarrassment,” Wise “Shareholders will have an annualp opportunity to tell directors how they feel and director embarrassment can be a powerful
million in compensation last year coul buythe Corp. CEO another yacht, if not one quitre like his existing 452-foot, $200 million flagship. But eye-popping compensationm packages also may buy executives a whole lot more troublw atnext year’s annual meetingw than they have ever seen before. Ellison tops the San Francisco Business Times’ List of highest-paid CEOs of 2008. Whiles six of the 10 highest-paid public company CEOs in the Bay Area last yearsaw double-digit percentage increases in compensation, more than one-third of the CEOs at the region’sw 100 largest public companies made less in 2008 than they did the year Next year’s compensation figures may be even lower, said David Wise, an executive compensation expert and seniofr consultant with .
That’s in no small part due to coming “say on pay” legislation in Congress that will give shareholdermore power. “The say on pay movement is reallu looking to governby embarrassment,” Wise “Shareholders will have an annualp opportunity to tell directors how they feel and director embarrassment can be a powerful
Wednesday, July 4, 2012
Survey: Hiring slowly improving - Portland Business Journal:
grachevakautawil.blogspot.com
Those two sectors employ more than 90 percent ofthe nation’s private-sectot workers. The Alexandria-based association’s report is based on a monthly survey of humamn resource professionals at more than 500 manufacturing and 500servicese companies. Employment expectations for June aredown 37.1 percenft in manufacturing and down 8.2 percen t in the services segment. In the manufacturing sector, 24.5 percent plan to hire in June, whichu is the highest percentage of such companiew that said they will add jobs sinceNovembet 2008. In addition, 25.9 perceny said they will trim payrolls. In the servicesx sector, a net total of 24.8 percent of corporationz will create jobsin June, with 41.
4 percent saying they will hire and 16.6 percenr saying they will cut jobs. That 41.4 percent represents the highestg such tally since Septembere 2008 in that A combination of unemployed people seeking work and less jobs to go arounsd means recruiting difficulty in both sectors in May was way down comparef with ayear ago. In the manufacturing sector, a net of 23.8 percentr of companies had less difficulty with recruiting last and in theservice sector, a net of 35.8 percent of companiesz said the same.
Those two sectors employ more than 90 percent ofthe nation’s private-sectot workers. The Alexandria-based association’s report is based on a monthly survey of humamn resource professionals at more than 500 manufacturing and 500servicese companies. Employment expectations for June aredown 37.1 percenft in manufacturing and down 8.2 percen t in the services segment. In the manufacturing sector, 24.5 percent plan to hire in June, whichu is the highest percentage of such companiew that said they will add jobs sinceNovembet 2008. In addition, 25.9 perceny said they will trim payrolls. In the servicesx sector, a net total of 24.8 percent of corporationz will create jobsin June, with 41.
4 percent saying they will hire and 16.6 percenr saying they will cut jobs. That 41.4 percent represents the highestg such tally since Septembere 2008 in that A combination of unemployed people seeking work and less jobs to go arounsd means recruiting difficulty in both sectors in May was way down comparef with ayear ago. In the manufacturing sector, a net of 23.8 percentr of companies had less difficulty with recruiting last and in theservice sector, a net of 35.8 percent of companiesz said the same.
Monday, July 2, 2012
BankAtlantic seeks foreclosure on Jupiter site - South Florida Business Journal:
grihanovveimavox.blogspot.com
The Fort Lauderdale-based bank (NYSE: BBX) filef the lawsuit on May 8 in Palm Beacb County Circuit Court against Severn Jupiter and managinv members Patrick McAteer andDouglas J. In 2007, Severn Jupiter bought the 2-acre at 1116 Love St. in Jupiter, for $10.5 The site is just east of A1A and withinn view ofthe city’s historical lighthouse. It includes 2,78 square feet of residentia l property built in 1955 and a according to county property There is no record of Shortly afterthe purchase, Severn Jupiter obtained a $6.3 million mortgages from BankAtlantic and a $3.7 million mortgagew from Narberth, Pa.
-based Royal Bank In April 2008, BankAtlantic extended the maturitu of the full outstanding principao of its loan to March 27. The foreclosurew also names RoyalBank America. Wilto Manors-based attorney Richard who represents BankAtlantic in the did not immediately respond to a callseeking comment.
The Fort Lauderdale-based bank (NYSE: BBX) filef the lawsuit on May 8 in Palm Beacb County Circuit Court against Severn Jupiter and managinv members Patrick McAteer andDouglas J. In 2007, Severn Jupiter bought the 2-acre at 1116 Love St. in Jupiter, for $10.5 The site is just east of A1A and withinn view ofthe city’s historical lighthouse. It includes 2,78 square feet of residentia l property built in 1955 and a according to county property There is no record of Shortly afterthe purchase, Severn Jupiter obtained a $6.3 million mortgages from BankAtlantic and a $3.7 million mortgagew from Narberth, Pa.
-based Royal Bank In April 2008, BankAtlantic extended the maturitu of the full outstanding principao of its loan to March 27. The foreclosurew also names RoyalBank America. Wilto Manors-based attorney Richard who represents BankAtlantic in the did not immediately respond to a callseeking comment.
Sunday, July 1, 2012
Berkshire Hills to raise $30M in offering - The Business Review (Albany):
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According to a filing with the U.S. Securities and Exchange Pittsfield, Mass.-based parent of expect to sell 1.24 million shares of common stock (Nasdaq: at about $24 a The shares are coveredx by a shelf registration filed in 2006 to allow the companu to raise capitalas needed. Michael Daly, presiden t and CEO of Berkshire, said the bank is lookingh for growth in many of its key business linessand “we believe that it is timely to increasee our capital base to take advantages of future opportunities that may develop in the curren environment.
” Daly said the companyh will to use the offering proceeds for general corporate purposex which may include support for organic growtn and “opportunistic acquisition-based growth.” Berkshire already has announced one that of (OTB: of Worcester, Mass. , L.P. is acting as lead manager for thestocjk offering, with as co-manager. Both firmd are based in New York City. Berkshire also has appliedr for regulatory approval to repurchasethe $40 million in preferredx stock and warrants it issuee to the U.S.
Department of Treasury in connection withthe government’s Capital Purchase If the application is approved, Berkshire expectws to repurchase the preferred stock with cash on hand, and to ente r into negotiations with the Treasury to repurchased the related warrants for common Berkshire Bank has its New York state headquarter s in Albany, and nine area
According to a filing with the U.S. Securities and Exchange Pittsfield, Mass.-based parent of expect to sell 1.24 million shares of common stock (Nasdaq: at about $24 a The shares are coveredx by a shelf registration filed in 2006 to allow the companu to raise capitalas needed. Michael Daly, presiden t and CEO of Berkshire, said the bank is lookingh for growth in many of its key business linessand “we believe that it is timely to increasee our capital base to take advantages of future opportunities that may develop in the curren environment.
” Daly said the companyh will to use the offering proceeds for general corporate purposex which may include support for organic growtn and “opportunistic acquisition-based growth.” Berkshire already has announced one that of (OTB: of Worcester, Mass. , L.P. is acting as lead manager for thestocjk offering, with as co-manager. Both firmd are based in New York City. Berkshire also has appliedr for regulatory approval to repurchasethe $40 million in preferredx stock and warrants it issuee to the U.S.
Department of Treasury in connection withthe government’s Capital Purchase If the application is approved, Berkshire expectws to repurchase the preferred stock with cash on hand, and to ente r into negotiations with the Treasury to repurchased the related warrants for common Berkshire Bank has its New York state headquarter s in Albany, and nine area
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