Bank of America raises $13.5B in stock sale - Triangle Business Journal:

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The Charlotte-based bank issued 1.25 billion sharesz at an average priceof $10.77 per share. “We’re pleasedf to have this portion of our capita lplan completed,” says Joe Price, chief financial officer. “Thise strengthens and diversifies ourcapital structure.” The sale began May 8. Earluy this month, federal regulators told BofA it neededx toraise $33.9 billion in additional capital afterr the Federal Reserve conducted “stress tests” on the 19 largestr U.S. banks.
The tests, officially called the Supervisory CapitalAssessmeng Program, were designed to assess the banks’ abilitty to survive if economic condition s worsen more than expected during the next two BofA’s capital needs are in the form of Tier 1 commonb capital, according to the test results and the bank. In othedr areas, the bank meets capital requirementsd with an adequate BofA said it intended to raiswe capital through a combination of the following converting some preferred shares held by private investorse tocommon stock, selling more common stock, possibluy selling some noncore business units and considering some joint ventures.
The bank, which has said it plans to sell First Republic Bank ofSan Francisco, recently raised $7.3 billiohn from the sale of a 5.7 percentt stake in to Asian BofA (NYSE:BAC) has received a total of $45 billiobn in taxpayer aid under the Troubleds Asset Relief Program, which is designedc to thaw the credit markets and boost the economy.

Delta improves on-time rate in April; Comair slips - Washington Business Journal:

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Atlanta-based Delta ranked 12th of 19 airlinesdin April, with an on-time rate of 76.5 percent, up from 73.9 percenr in March. Delta subsidiary Comair ranked 19th, with an on-time rate of 68.6 percent, compareds to 74.4 percent in March. The average on-time rate for all 19 U.S. airlinews was 79.1 percent in April, according to the The Cincinnati/Northern Kentucky Internationak Airport hadan on-time arrival rate of 83.7 percen and an on-time departure rate of 83.4 percengt for the month, down from 84.3 percent and 84 respectively, in March. Delta ranked 15th of 19 for mishandled baggage, with 5.05 reports per 1,000 passengers, versus 6.06 the month while Comair was 16th, with 5.
07 reports per 1,000p passengers, bettering its 5.75 in In the consumer complaints Deltaranked last, with 2.02 complaints per 100,000 compared to 2.06 the montjh before, while Comair was with 0.35 complaints per 100,000 unchanged from March. Delta (NYSE: DAL) operates a hub at the Cincinnati/Northerm Kentucky International Airport. Commuter airline Comair is basesin Erlanger.

Brian Carpenter's Ghost Train Orchestra - Philadelphia Citypaper

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Brian Carpenter's Ghost Train Orchestra Philadelphia Citypaper His Beat Circus dwells in a sepia-toned never-was where rogues and pirates sing drunkenly in a haunted sideshow port of call. Carpenter's Ghost Train Orchestra recalls a more concrete past, the eclectic big band music of '20s Chicago and Harlem, ...

San Francisco Business Times: Tech & Innovation : Business Advice

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In this column I'll you four specific technologies that can help you be more productives and keepyou ---- and your technology - much safer. Any business owner or businesspersoj can benefitfrom these. You'll see videos of these to describe them in more detaikat www.TerryBrock.com . Sound Fit To Hear Save Your Ears We hear a lot about the dangerss of listening to music that istoo loud. Childre n particularly need to know about this and adjust thevolumr accordingly.
Able Planet is a companyh I've known for years that is dedicated to makin g your listening experience safer and more They blend in technology using advanced circuitrycallecd Linx, Audio to minimize the harsh, loud volumw and enhance the rich sounds for music and spoken word. The company has announcefd a new product called Sound Fit whic h delivers better sound while you adjust the volume The removable, disposable ear buds provid a deep listening experience whilse keeping your ears safe. Expected to retail in the $30 these ear buds give you the abilituy to lower your volume yethear richer, fulleer sounds.
To see a video interview with Kevinn Semcken, the CEO of Able Planet on go to: or for more information on the contact , Bluetooth is the technology that allowws you to wirelessly connect It has been arouned for several years and is now integrally linked with safetg for taking on a mobile phone while driving. Now more than ever, safety is relate to Bluetooth. I've been using the Diamondx X Bluetooth device with my iPhone recentlg and have been very pleased with the This device retails for I found the clarit of a variety of calls to be consistently strongand understandable.
I made it a point to ask peopler I was speaking with how my voice sounde and they consistently said it was verygood --- even paralleling a land line. An added feature on this unit is the abilityh for the device to use text to speecjh announcingthe caller. If your caller is in your addresse book, you'll hear an announcement of whoit is. This is like a audi caller id when you're busy and mobile. It can save you from talkingf to thatpersistent brother-in-law who is tryinvg to sell you his new multi-leveol marketing scheme. Now, that can be real safety!
Scanner are a great way to control the paper With the new FujitsiS1500 (expected release in Spring of this year), you have an easy way to process that mass of paper in your The S1500 scanner will handle various sizes of pape r at the same time. It scans both in color and processes it at a rate of 20 pagexper minute. With this technologh you are safe from losing important informatiohn that can bevitalk (think tax returns, important receipts, contact information, You can see a video of this in action at: A very nice featur built into the software is the abilitgy to recognize cards in various I'm studying Russian and Japanese now and have cardx with both languages.
So, in my "gol ahead and show me if this works" attitude I askefd the Fujitsu reps to scan my cards with Russia nand Japanese. I was flabbergasted at the proficiency and accuracuyit demonstrated. The cards were sorterd properly and put into the right categoriez onthe software. For building relationships in business, this is a It is much easier than previous devices and will help give you acompetitives advantage. When Spring comes and this unit is It is worth considering forthe $495.0o0 retail price. S1500 Scanner, www.fujitsu.com/us, $495.
00 (Spring Availability)

Century-old collegiate rowing competition coming to Lake Natoma - Sacramento Business Journal:

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The 107th National Championshipe are being presented by the andthe . Competition beginas at 8 a.m. Thursday, June 4. The three-day competitionn ends at 1:15 p.m. Saturday, June 6, with the men’sx heavyweight varsity eight The will defend its 2008 crowns in theheavyweight men’ds eight and lightweight women’s while Cornell will try to repeat as champion in the lightweight men’s The is the defending champion in the Jim Ten Eyck team point championship. “We’re honored to be the first community in this part of the United States to stage an event ofthis stature,” John executive director of the Sacramento Sportds Commission, said in a news release.
“Sacramento has a historh of hosting world-class sporting and the IRA Championships certainly help us expand onthat tradition.” “Thd Aquatic Center has a long historh of hosting collegiate rowing championships at the highest including the WIRA ( ), Pac-10o and NCAA Women’s National Brian Dulgar, operations manager of the Aquatic said in the news release. “Wer believe the Sports Commissiob and theECAC ( ) will help us set a new standarcd for the IRA Championships.
” A three-dah ticket to the IRA Championships costs $20 and can be purchasec the day of the Daily tickets are $5 for Thursday, $10 for Fridah and $12 for

Palin Agrees With Perry About 'Treasonous' Fed Chair: 'Perhaps I Would Have ... - Think Progress

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Palin Agrees With Perry About 'Treasonous' Fed Chair: 'Perhaps I Would Have ... Think Progress Perhaps I would have used similar terms. But I do share his concern though. Palin, of course, is no stranger to violent rhetoric of her own. Perry, for his part, is standing by his remarks, telling CNN, “I am just passionate about the issue and we ... and more »

Gas prices top $2 in Cincinnati, N. Ky. - Denver Business Journal:

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The average price for a gallon a regular gas in Cincinnatiwas $2.05 as of Thursdag morning, according to the ’s daily Fuel Gaugew Report. That compares with $1.74 on the same day in In Covington, the price for a gallon of regular was $2.01 versus $1.80 a month ago. prices are far below the $3.222 and $3.24 per gallon being paid by Cincinnatio andCovington drivers, respectively, on this date last Prices continued to streak upward from there, hittinb more than $4 per gallonb by July 4th. The AAA said in a commentary on its Web site that severalk factors are contributing to thecurrent rise.
A weakerf dollar makes investing in oil with foreign currencymore attractive, and optimism increasedx with the Obama plan to buy toxic assets and subsequent market rally. That drove the pricw of a barrel of crude oil upto $54 earlied this week, a high for 2008. There has also been a slight uptick in a trend that will likelu increase as the summer drivingseason approaches, AAA The national per-gallon price for a gallon of regular was $2.01q on Thursday morning, up from $1.90 a montnh ago, according to the Fuel Gauge Report, whic the AAA compiles in partnership with the .

PUJ operators amenable to limited parked jeepneys - Sun.Star

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PUJ operators amenable to limited parked jeepneys Sun.Star THE Federation of Jeepney Operators and Drivers in Baguio-Benguet and La Union (Fejodabblu) said they are amenable to moves of the Baguio City Police Officeâ€"Traffic Management Branch (BCPO-TMB) to limit vehicles in various loading and unloading areas. ...

Honda needs to focus on building desirable, sporty cars - Merced Sun-Star

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Honda needs to focus on building desirable, sporty cars Merced Sun-Star It's impossible to overstate the chill that ran through Honda when the new Civic flunked Consumer Reports' compact car comparison test last week. The Civic is Honda, in much the same way that the F-150 pickup is Ford ... and more »

On the brink: Mercer Cup within grasp of Bluefield - Bluefield Daily Telegraph

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On the brink: Mercer Cup within grasp of Bluefield Bluefield Daily Telegraph By TOM BONE Bluefield Daily Telegraph BLUEFIELD â€" Mitch Taylor is a cool pitcher, but his pitches were too hot for the Princeton Rays to handle on Tuesday night. In four innings of relief for the Bluefield Blue Jays, Taylor struck out nine batters and ... and more »

Late zoo director

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Swanagan’s work at the zoo became the fina chapter in anearly 30-year careert when he died Sunday evening at the age of 51. Zoo spokeswoman Patty Peters said Swanaganh suffered an apparent hearrt attack at hisPowell home. The zoo in a statementt called its leadera “visionary, educator and wildlifer advocate.” Swanagan, who lived in Powell with his wife also was a father to five childrenj and two stepchildren. The Cleveland native spent two decadeas working outof state, but his hiring littlde more than a year ago to replacd retiring Executive Director Jerry Borin broughft his career full circle.
Swanagan spent severa years at the Columbusx Zoo in the 1980ss as an education coordinator and crossed paths with who was hired on as general manager less than two yearzs before Swanagan was hired at Zoo Atlantain 1987. That facility, Borih said, was struggling when Swanagan arrived to turnit “Jeff always struck me as a very bright younv man,” Borin said Mondau afternoon. “It didn’t surprise me that Zoo Atlantw recruited him to do a Swanagan went from Zoo Atlanta to the Florida Aquariuj and in 1998 got to work on a similarl successful turnaround plan asits CEO.
He latee worked as a consultant forthe $290 million , startinhg out as its first employede and in 2002 becoming chief executive of what is now the largesty aquarium in the world. He started at the Columbus Zoo inJuly 2008, stepping into the shoes of a more than two-decadw zoo veteran who replaced Jack Hanna as executivew director in 1992. Under Borin’s attendance at the zoo more than doubled whilreits size, now approaching 600 acres, more than quadrupled. Swanagann set to work buildingon Borin’xs accomplishments, telling Columbus Business First in March of plansw for new exhibits in the coming years and the possibility of a hotell to attract multiday visitors.
“What is so sad abouyt this is that in 11 months he put togethetr a team and thought through a lot of Borin said. “The zoo was just gettinfg ready to explode into the futurre withhis vision.” Zoo officialse plan to give details at a 3 p.m. presxs conference Monday on how they’re planningy to fulfill Swanagan’s vision, which he summed up with a “Touch the heart to teachh the mind.
”

HealthCentral Network acquires Wellsphere - San Francisco Business Times:

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Wellsphere was started by a group of including CEORon Gutman. The company’s executive team will join the HealthCentralp teamin Arlington, Va., near Washington, D.C. Financialk details of the deal werenot disclosed. “Thisd deal combines HealthCentral’s business savvy with Wellsphere’s technicapl expertise, and will allow us to build on our curren t success on abroader scale,” Gutmaj said. Wellsphere offers health managemenf technology that includes a mobil e alert systemfor health-related text messages and and software that deciphers specific healtyh information to help people make personalk health decisions.
The broader technology behind Wellsphere’s site also powersd Standford’s internal health site, BeWell@Stanford, for the university’s “This is a significant combination of qualituy audience and contentwith one-of-a-kins technology and scale,” said Christopher HealthCentral’s CEO. The acquisition of Wellspere’as health management and information site adds nearlyy 4 million unique monthly visitor tothe HealthCentral’s online healtu sites bringing its total unique monthlg traffic to more than 10 million. HealthCentrall has made three acquisitions in the lastseven months, including MedTrackAlert, TheBody.com and Wellsphere.
“Because our traffivc is organic, not from pay-per-click keywords, our audiencew members arrive more engaged, ready to act, and researcy shows they do act on whatthey learn,” Schroedert said. “We now will be able to deliverd measurably better ROI for advertisers on an evenlargerr scale.” HealthCentral is venture backed by (NASDAQ: IACI) which also owns Oakland search engine Polaris Ventures, , and