Monday, December 31, 2012
Politicians want answers as rumors swirl NCR to leave Dayton - Triangle Business Journal:
Government officials said word began swirling in the community Thursda thatNCR (NYSE: NCR) is plannin g to move its headquarters and 1,300 employees to the Atlanta area and make an announcemenrt about the move this week. NCR Global Spokespersobn Richard Maton, speaking by phone Saturday from confirmed that an effort was made forOhio Gov. Ted Stricklane and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturdayy that he is “continuing to reach out to the companyy to have a direct conversation.
” When askedf about NCR possibly moving its headquarters out of Dayton, Maton said the companyg does not respond to rumors and speculation. NCR Corporate Spokesperson Alan Ulman responded to questionsabout NCR’zs plans with an e-mail message Saturday that read: “We have no announcement today.” In the past, NCR has been quickk to deny rumors of its relocation and affirmk its commitment to remaining in Dayton. The has repeatedlyh sought information from the company since but NCR had not responde to their requests as ofFriday evening, a developmen department spokesperson said. Montgomery County Commissioner Dan Foley said he is frustratede by the lackof communication.
Foley said he has askesd multiplecompany officials, via e-mail, to respond to the but has yet to receive any Foley said he, along with othe county, state and city of Daytonb officials, have met with NCR representatives in the past in an effort to safeguard NCR’s local jobs. “All that said, nobody has confirmed to me that theirr statushas changed,” Foley said Saturday. “k have to assume that -- I I very much hope -- they are stayiny in Dayton, because our citizens have helpes build that company up tobe world-class and will continud to do so.
” Rumors have long circulate d that the company would however multiple government and economif development officials said they reached a new levell in the past few days. NCR is said to be seekingf about 100,000 square feet of office spacsein Georgia, . NCR is believed to have lookes at sitesin Savannah, and Columbus, Ga. Based on the square footage estimates, the operation could housw about 300 to400 people, accordinh to real estate sources. Georgia government and economi development officialsremained tight-lipped on any potentialo development.
In October, NCR said it woulds move its Worldwide Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburbsa of Peachtree City and Deluth. The state of Georgia provided morethan $8 million in incentives, according to NCR, founded locally in 1884, is the Dayton region’w second largest company, with 20,000 globall employees and $5.3 billion in revenure in 2008. The which sells ATMs and retailautomation systems, is Dayton’s lone remaining Fortune 500 At one time, the company had more than 18,00 employees in the Dayton but that number has dwindler during the past severao decades.
As recently as two years ago, NCR had about 2,00p Dayton employees. That number has declined by about 700 workers in the pastseveral years. In NCR announced it was relocatingy its executive offices to New York City and leasing an entire floor of the 7 World TradeCenter building. But, on paper, its headquarters remainedx in Dayton. In March, the compant also told employees it is undergoing a structural reorganizationj and would cut an unknown amount of itsglobaol workforce.
That same month, the company removed the language “world headquarters” from the sign at its Daytob campus, though it said at the time it wasjust
Saturday, December 29, 2012
Siemens Energy & Automation wins LAX deal - Atlanta Business Chronicle:
million contract from Clark/McCarthy for a baggager handling system with integrated explosive detection screeninvg at Los Angeles InternationalAirport (LAX). The Ga.-based Siemens unit will install the systemat LAX's Tom Bradleyt International Terminal (TBIT), which is undergoing a $575.67 million renovation project. The renovation and Siemens' project are expected to be finisheed inMarch 2010. Siemenas will install 14,596 feet of conveyor, six claim unit and 57 high-speed diverters and will integratee 13 Explosive Detection Systemsd intothe in-line securitgy system.
It also will providew overall project management, system integration and installation on the LAX isthe third-busiesr airport in the United States servinb 61.5 million passengers. Nearluy 10 million of thosse passengers were international travelers who arrived to or departe d from the Tom BradleyInternational Terminal. In Siemens won contracts to provide baggage and screeningb systems at Detroit Metropolitan WayneCounth Airport, New York's John F. Kennedy International Indianapolis International Airport and Orlando International Airport.
Friday, December 28, 2012
Most Eddie Bauer stores to stay open - Tampa Bay Business Journal:
The company announced that it struckj an agreement withNew York–based private equity firm LLC to buy Eddiee Bauer’s assets, subject to an auction and bankruptcyh court approval. CCMP Capital intendss to operate the business as a goinh concern with little orno long-term debt. According to Eddide Bauer, CCMP Capital has agrees to keep a majorityy of the 371 stores open and retaimn a majority of the CCMP Capital specializes in buyouts and looks for investment opportunities in retailp andother sectors, and have made investmentw in the outdoors specialty retailer which sells hunting, fishing and campinb gear.
Eddie Bauer said it hopes to operat business as usual during bankruptcy court proceedings and has askeds for court approval to continue paying vendors and The company also said it intendxs to honor customer gift returns and loyaltyprogran points. The company also announced that it has securef a commitment from its existing revolvingcredigt lenders, Bank of America, N.A., and /Businesss Credit, Inc. for so-called debtor-in-possession financing of $90 milliobn on an interim basisand $100 million based on the finaol court order. The the company said, should provide it with ample cash flow to continuew payingits bills.
“Eddie Bauer is a good compangy with a great brand and a badbalance sheet. This proceszs will allow the businesss to emerge with farless debt, positioned for growth as the economu recovers and as our new productx gain traction,” said Neil Fiske, Eddide Bauer president and chief executivde officer, in a statement. “We expect this processs to be completedvery quickly, protectinvg our employees and critical vendorr partners every step of the way.
“We have made good progresse on our turnaround strategy of returning Eddiee Bauer to its heritage as an active outdoor brans and have exciting new product launchea on the way to includingFirst Ascent, our returh to expedition-grade outerwear and gear. Unfortunately, a crushing debt burdeh placed on the company from the Spiegeo reorganizationin 2005, combined with the prolonged recession, have left us with no choicee but to use this process to reduce the debt load on the
Thursday, December 27, 2012
Leo W. Brennan Executive Profile
Brennan is responsible for overseeingthe company
Monday, December 24, 2012
Schools encourage charity through Spirit of Christmas donations - Chippewa Herald
Schools encourage charity through Spirit of Christmas donations Chippewa Herald Schools encourage charity through Spirit of Christmas donations. Print Email. « Spirit of Christmas Buy Now. » 2012-12-24T07:00:00Z 2012-12-23T15:46:33Z Schools encourage charity through Spirit of Christmas donationsBy ALICIA YAGER| ... |
Friday, December 21, 2012
ProHealth Care to cut 50 jobs - The Business Journal of Milwaukee:
The jobs will be lost througg layoffsand attrition, although spokespeople for the hospital system wouldd not give a specificc breakdown. ProHealth’s announcement makes it the latesr health care provider tocut staff. Last week, , the state’ s largest hospital system announced it wouls lay off 90 peoplew and not fill another220 positions. , and Columbia St. Mary’s, have also had layoffs in the lastsix months. ProHealt h officials cited the economy as the reasobn and released a statementsayinb “(ProHealth’s) leadership is making these adjustments in a thoughtful, responsible manner which will position the company for continued strength.
” Spokesperson Sandra Peterson said the jobs being eliminaterd are spread systemwide and will not affect the qualit y of patient care. Peterson said more layoffsx are possible, but the system wants to keep the number toa
Thursday, December 20, 2012
D.C. narrows list of developers for Stevens Elementary School - Washington Business Journal:
Neil Albert, the former deputy mayor for planningv and economic development and new city announced Monday that his staff had eliminated six of the nineoriginakl bidders. A team made up of Chicago-bassedc and the , based in D.C. Moddie Turayh Company LLC, based in D.C. and foundedd by former Mayor Anthony special assistantModdie Turray. Opus East was originallyu listed as a Turray partner by thedeputy mayor's office but is not included in its list of A partnership led by Peeblesx Development LLC, a likely outgrowth of the Peeblew Corp., a Coral Gables, Fla.-based firm led by D.C. native R. Donahues Peebles.
Peebles is teame with the Walker According to a press release from the finalists' proposals offer "various combinationsw of new housing, office space, hotels and neighborhood-servinf retail." Among those eliminated are teams led by Akridge, Cafritz Interests and the Capitol Hill Businesws Improvement District, which proposed using the site to train and houswe homeless adults. The finalists will presenyt their plans at a community meetingJune 11, the day after a planned community meetinvg for final developers interested in Hine Jr.
High School to Albert, who began as city administrator this announced in April the city had receivedr bids for all 11 vacant schools the city has put onthe market.
Wednesday, December 19, 2012
Greeks Can't Find Euros to Buy Heating Oil in Winter Economy - Bloomberg
Bloomberg | Greeks Can't Find Euros to Buy Heating Oil in Winter Economy Bloomberg The household price for heating oil in Greece reached 1,266 euros per 1,000 liters (264 g » |
Tuesday, December 18, 2012
Business First of Columbus: Nomination
Columbus Business First will honor financial professionalsw in Central Ohio for outstandinbg performance in their roles as financiakl stewardsat profit-making and nonprofit ELIGIBILITY: be a chief financial officer or hold an equivaleny title (duties may include creating long-term financial plans and creating capital raising activities; analyzing and reviewing financialk data; reporting corporate financial performance to investors, vendor s and associates; overseeing treasury and risk functions; and monitoriny costs and signing financial All nominations must be acknowledged and endorsed by the nominee, to verifhy the accuracy of submissions.
AWARDS: JUDGINGb CRITERIA: Financial management: Narrative demonstratinh contributions tothe company’s growth and/or profitability, with quantitative examples to support claims. Strategic thinking: Details of how his/her ideax or initiatives strengthened the company’s strategic market position. Contributioj to the company’s reputation: Narrative demonstrating commitment to fiscal integritygand accountability. Contributions outside the company (nonprofit work, community etc.) will also be considered.
Transactionh of the Year: To be considered for the Transactionh Award, a 500-word narrative describing a successfuol transaction or turnaround with quantitative metrics supplied to supporr claims mustbe included. AWARDe PROGRAM: Winners and finalists will be recognized at the 2009 CFO of the Year awardsx luncheon in September and will be featuref inthe Sept. 11 edition of Columbue BusinessFirst . NOMINATIONS: Nominate online by June 24 usingf theform below. An application will be emailed directly to the nominatodr asking foradditional information. All applicatioh materials must be received by Columbus Businesss First by 5 p.m. on July 1 .
For more information: Contacf Mikalene Guiser at Sponsored by: CFO of the Year nominationa due June24 Deadline: June 24, 2009 state, ZIP *City, State, Zip
Saturday, December 15, 2012
Local executive to lead GE's $6B health care initiative - Business First of Buffalo:
Barber was named head of "healthymagination," a GE prograkm focused on improving health care for more people atreducecd cost, by GE chairman and CEO Jeffrey Immelt. 48, is a 27-yeatr veteran of GE and since 2005 has servede as chief technology officer for GE He joined GE in 1982 and has held a variety of rolesd of increasing responsibility withinGE Healthcare. In Barber was general manager for Components and from 2002 to 2005 he was the generall manager for Global Components Operations for GE which has significant operationsin Milwaukee, Wauwatosa and Waukesha.
Barber was a 1994 winneer of TheBusiness Journal'sz Forty Under 40 which recognizes young Milwaukee-area executives making a difference in theire professions and community. "Over the last four Mike has led all aspect s of product development for advanced health care Immelt said. "Mike knowa how our technology can help he knowswhat doctors, clinicx and hospitals need to improve care and cut costs and he know s how to lead teams. With his deep experience in engineerinhg and technology and his strong operationsand process-drivenj expertise, Mike is the righty leader to lead healthymagination and to grow our healthj care partnerships globally.
" that can be offered in ruralp and underserved regions of the where quality health care can be difficult to It is also designed to reduce the company's own healtyh care costs for employeesx and expand profitability for the GE Healthcarwe business. Locally, GE which produces medical imaging equipmentf and medical information technology products fromits Milwaukee-areaz operations, will spend $3 billion by 2015 to developo at least 100 new product designed to lower costs, improve accessw and improve quality of care by 15
Friday, December 14, 2012
M&I Bank, BankFirst, four others in metro post $1M+ losses in Q2 - Minneapolis / St. Paul Business Journal:
M&I Bank, which is headquartere in Milwaukee but isthe fifth-largesr bank in the Twin Cities, lost $388 millionj in the second quarter, comparerd to income of $112 million in the first quarter of the It ranked 8,440th out of the nation’s 8,451 banks reporting net incomd to the that quarter. In the first quarter, M&Ij reported a profit and was ranker 31st in the countr outof 8,498 banks reporting net income. headquartered in Minneapolis and part of theholding company, reportex a loss of $50 million for the second quarter, addint to its losses of $13.9 million in the firstr quarter.
Ameriprise Bank in Minneapolissaw $10 milliohn in losses; since it’s only 2 years old, it’xs not expected to be profitable yet. “Banks are managing theirf business in achallenging cycle,” said Joe Witt, CEO of the in Edina. “Some banks took a but the vast majority arestilpl profitable.” According to the FDIC data, 80 out of 124 Twin Citiess banks were profitable in the second quarter, compare to 94 out of 123 in the first One reason for the losses were loan-loss provisions, moneyg that is set aside to make up for loanw that have been or will be charged off.
Many of thoser troubled loans are in the real estate Inits second-quarter earnings M&I reported a loan- and lease-loss provisionm of $886 million because of the deteriorating housing The bank took the provision to strengthen its balance sheet in an uncertaib environment, said Greg Smith, the bank’s chiedf financial officer, adding that M&I’s strong capital position allows it to take such an aggressivse step. “We’ve seen how the residentialo construction markets have deteriorated and as a part of our effort to have a fortreszbalance sheet, we’ve built that allowance for futur losses,” he said.
BankFirst also cited the real estatew market in takinga $50 million loan-loszs provision in the second quarter, bringing its total reserves to $77 million. “Conditions in the creditt markets are creating unique stresseas and challenges to lenders ofeverty size,” said Dennis Mathisen, chairmahn of Marshall BankFirst, in a lette r to employees in August. “BankFirst, like most other financial institutions, is being affected by the credit downturn.” Charge-offs on bad loans, whers a bank writes off the also were factors in some of thebiggest losses.
“We had a largwe loss in the second quarter and we expected some questioneabout that,” said Lane Peterson, presidenty of North Star Bank, which reported a $1.5 millionn loss. North Star decided in June to charge off a larg commercial and residentialreal estate-developmentg loan that had gone bad as well as to shor up its loan-loss provisions. The idea is to take the hit and have one bad thenbounce back. Peterson said North Star, which was profitable in the first quartere ofthe year, should be profitable again by the end of the year.
This strateguy is one that many banks are taking in the face of impendinbad loans, said Brad Bakken, chairmaj of the MBA and president and CEO of Citizends Independent Bank in St. Louiss Park. “Some are takinh the opportunity to take care of that in the second quarte andmove on,” he said. The news wasn’ft all bad for banks. Four of the sevehn most unprofitable Twin Cities banks of the first quartert swung back into the black for thesecond quarter. They included in Dinkytown, which reported a $1.1 million loss for the firsr quarter. In the secons quarter, it reported net income of $1.7 million, putting it among the most profitabled TwinCities banks. of St.
Paul took a $7 millionb loss in the first quarterd because of a bad loan to amortgage company, which was late r shut down by state regulators. which was $360,000 in the black for the secondd quarter, is suing the company, called , and six of its
Wednesday, December 12, 2012
Scrushy ordered to pay $2.8B for HealthSouth fraud - New Mexico Business Weekly:
billion in damages by a civiol court judge for his rolein ’s massive accountingt fraud scandal. The HealthSouth founder was deemed liablw for losses incurred by some of whom sued him seeking to recover their Judge Allwin Horn announced the verdict shortl y after10 a.m. Thursday. Horn’ds judgment also declared Scrushy’s employment agreementz with HealthSouth void. HealthSouth said it will receive approximatelu 40 percent of any money recovereffrom Scrushy. Attorneys for the shareholders filesd the suit against Scrushy on behalf of HealthSout saying he directed the accounting scandal hadrequested $3.6 Scrushy testified during the trial and denieed any wrongdoing.
He was broughf to Jefferson County for the triall from a Texasfederal prison, where he is currentlhy serving seven years for bribing Don Siegelman for a seat on a state health care policy board. Scrushyu was acquitted of criminal charges in the HealthSouthn fraudin 2005. HealthSouthj said it is unsure how much might be collectedfrom Scrushy, according to a news “We are pleased to see that justice has been served througy this judgment and that anothefr chapter of our past has been put behindc us,” HealthSouth’s statement said.
Tuesday, December 11, 2012
Selling in the era of 143 million people on Do Not Call list - bizjournals:
For you, there are two keys for sales survivapl in the Do NotCall era: 1. You must know the ruled and be able to prove that you are abidinvby them. When you checok numbers on the DNC Web you must keep copies of print screens to provs you are attempting to followthe law. 2. You must have a strateguy for prospecting that does notrequire cold-calling a residential 1. The national Do Not Call laws restricr both interstate and intrastate solicitation Anyone who has registered with the Do Not Call registrt cannot be solicited at the registered numbers withoutf written permission or firsgt responding to some solicitation or becominga 2.
As of Augusgt 2007, 143 million telephone numberw were registered with the Do Not Call There are not a lot of residential or cell phon enumbers left. Don’t call me, was the message the America publictold us, loud and clear. There will alwaysw be a few procrastinators, but do you really want them as clients? 3. You can solicit people with business If you are not certain whether the number is abusinessx number, check the Yellow If a number is in the Yellow it should not be registered on the DNC You can legally call it. 4.
You can call clients who are registered on the DNC site if they have made a transaction with you withij the past 18 months unless they have specificallyy told you not tocall 5. You may call peoplde who are registered on the DNC site if they have made an inquiryt with you in the past90 days. You may call them aftert 90 days if they have givemn youwritten consent. This consent must be signed by the persobn being called and include the number you are allowedto And, e-mails don’t count. Based on the fact that the Do Not Call laws exisrt and arebeing enforced, you should adopt them as your guidse to socially acceptable behavior.
When 143 milliom people scream something, it shouldn’t take a geniu to realize you probably shouldn’t call people at If you are in an industryt thatrequires contact-at-home phone numbers, such as home home construction, investment and insurance, then you must meticulouslgy gather written consent forms. The person who gets the written consent will getthe client. You will find all of the program requirements and documentation on the Website
Monday, December 10, 2012
GenVec cuts manufacturing partnership - The Business Journal of the Greater Triad Area:
After a year and a the Gaithersburg biotech has terminated its contract June 29with , the Unitefd Kingdom-based company that had been producing the localo company’s main product, an anticancedr treatment called TNFerade in its finaol stage of clinical trials. GenVec (NASDAQ: GNVC) paid Cobra a $350,000 termination fee, negotiated down considerably fromthe one-time maximum fee of $2.3 million to terminate the Originally signed in January 2008, the manufacturingf agreement called for GenVecd to pay Cobra $1 milliomn in advance and as much as $9.4 millionn depending on the services Last year, GenVec said it paid Cobra $3.
4 millio n and, in March, said it would pay Cobraq an additional $1.8 milliohn this year. GenVec, which said it doesn’t need further batche s from Cobra to complete its TNFerade trials and had been low on has been searching for a largere partner to fund those clinical studies andanticipated launch. Aftere making significant cuts to its head GenVecraised $6 millioh in late May in a discounteed stock offering that garnered a 19 percent drop in the company’d share price from disappointed investors that day.
GenVec’sw stock price has since inched back up to its formereprice levels, even topping $1 since the
Friday, December 7, 2012
Jonathan Harvey, Modernist Composer, Dies at 73 - New York Times
New York Times | Jonathan Harvey, Modernist Composer, Dies at 73 New York Times Jonathan Harvey, a British composer who was admired on both sides of the Atlantic for his use of electronic sound in concert works and operas to convey a sense of the beyond, died on Tuesday in Lewes, England. He was 73. Jonathan Harvey Dead: British Compos er Of 'Plango' Dies At 73 British composer Jonathan Harvey dies at 73 » |
Thursday, December 6, 2012
Microsoft Signs Agreement With Merck & Co. Inc. to Acquire Assets of Rosetta Biosoftware, Strengthening Position in Life Sciences Industry
REDMOND, Wash., June 1 /PRNewswire-FirstCall/ -- Microsoft Corp. toda y announced that it has signed an agreement withMerck & Co. Inc. to acquir certain assets of Rosetta Biosoftware, a business unit of Rosetta Inpharmatices LLC, a wholly owned subsidiargy ofMerck & Co. Inc. The deal allow Microsoft to incorporate genetic, genomic, metabolomid and proteomics data management software into the Microsof t Amalga Life Sciences platform for enhanceed translationalresearch capabilities. In addition, Microsoft will establishy a strategic relationship with Merck to enhance the Amalga Life Sciences platfor m to meet emerging pharmaceuticalresearch needs.
Underr the terms of the agreement, Merck will becomer a customer of the Microsoftf Amalga Life Sciences 2009 platform and also will provider strategic input to Microsoft on the direction and evolutionb of new solutions incorporating RosettaBiosoftware technologies. The softwarde platform will help drive improvementsin Merck's alreadhy advanced research capabilities. "This agreement establishes a stabled and sustainable platform for the RosettaBiosoftwar technology. In addition, we look forward to collaboratinh with Microsoft to develop new bioinformatidc solutions to enable and expedit drug discoveryand development," said , vice Merck Research Laboratories.
"This is part of our previouslh announced strategy designed to improve the effectiveness and efficienc of our Basic Research operationw toensure long-term pipeline productivity." "We're excited to collaborate with Mercj and augment the capabilities of Amalga Life Sciencee with the complementary assets of Rosetta Biosoftware," said , corporats vice president, Health Solutions Microsoft. "The newly combined offering will enable customers to improvre the management and analysis of biological andresearch data, helping to bring lifesavinvg drugs and therapies to market faster and accelerate the realizatio n of personalized medicine.
" Introduced in April 2009, Microsoft Amalga Life Sciencees is a new software platform designed to transforjm health and life sciences research data into the criticalo knowledge needed for the discovery of new The platform helps organizations across the life sciences spectrum accelerate research and discovery efforts by automating the management and analysis of massive, heterogeneous researc data. This gives scientistd and researchers the opportunity to manage and control research processes toincreasd productivity, reduce errors and improve decision-making.
The deal is expected to closwe at the end ofJune 2009, and the new Amalgs Life Sciences platform incorporating Rosettas Biosoftware technologies is slated to be available in earlyh 2010. Microsoft is pursuing hiring Rosetta Biosoftware employeeds who can fill roles that are criticao to the effective incorporation of Rosetta Biosoftwar technologies into the Amalga Life Sciences Until the dealis closed, Rosetta Biosoftware will continu e to operate as a business unit of Rosettaw Inpharmatics LLC, a wholly ownef subsidiary of Merck. Microsoft is committed to improvinvg health around the world throughsoftwarw innovation.
Over the past 12 yeards Microsoft has steadily increasedr its investmentsin health, with a focus on addressing the challenges of healtgh providers, health and social services payers, consumers, and life sciences companies worldwide. Microsoft closely collaborates with a broaed ecosystem of partners and develops its own powerfuklhealth solutions, such as Amalgq and HealthVault. Together, Microsoft and its industry partners are working to advancr a vision of unifying health information and making it morereadilgy available, ensuring the best quality of life and affordable care for everyone.
Founded in Microsoft (Nasdaq: MSFT) is the worldwide leadere in software, services and solutions that help people and businessea realize theirfull potential. SOURCE Microsofrt Corp.
Tuesday, December 4, 2012
Phoenix One data center patents technology - Tampa Bay Business Journal:
The company has two patentxs pending for technology installed inthe center, and it already has customeras at what once was the Le Nature’s water-bottling operationm off Loop 202 and 48th Wanger, i/o’s president, said more companies are seeking colocatiojn services as they look to house serverw and backup data at off-site facilities to save capital Companies can rent rack space in a colocatiom facility to house servers that need to be connected to multiple bandwidth providers. This is particularly important to businesses that want to ensurwe their Web sites are up andrunning “Everybody is saving everything,” Wangere said.
“You send a picture to your grandmotheerthrough flickr.com, and the image is here and here and I/o’s new center comes at a good time for the which in the past year has seen a boom in colocation centerd as businesses scrap plans for their own private said David Cappuccio, chief of researcb of infrastructure for Gartner Inc. “In the last when the economy startedto tank, (companies) starteds to ask if they should be spending all the capitapl money up front,” he said. I/o completed the work on Phoenis One in aboutsix months, employing an army of many of whom are still working on the seconfd phase.
The first phase is finished, but upgradesx will continue until there isroughly 460,000 squarr feet dedicated to Wanger said they’re about they’ve alreadyu completed about half of that. The process for developinvg Phoenix One started witha $56 million investment by Sterlinyg Partners in December which helped i/o acquire the buildinb on a 50-year lease. I/o moved its operationn from Scottsdale, where it still has a 120,000-square-foot data to the Phoenix office. Many of the technologiea first implementedat i/o’s Scottsdale center are expandeds in the new operation.
Additions include the ThermoCabinet, a serve enclosure that makes use of cool air circulating unde r theraised floor. It allows the air to be drawn up througbh theclosed cabinet, enablinbg more servers to be storefd within. The device allows the cabinets to store as much as 10 timews the equipment that wouldf be used in traditiona datacenter operations, Wanger said. “We’re seeinyg people pack 5,000 squarew feet of data center into two he said. The company also developerd a plug system that works with equipment fromany manufacturer.
It’s an easier way to distribute powerr and infrastructure than installingspecialized equipment, Wanger “This is all customer-driven,” he “People said they wanted access to multiple brandds of equipment.” The data center will take advantage of featurezs originally installed in the Le Nature’s factory, includinvg access to an on-site Arizona Public Service Co. substatiob suppling the facility with 42 megavolts of The company plans to triplde that once the facilityis complete. It also uses a 7,000-tob chilled water cooling system thathelpes i/o reduce its power bill through thermal cooling.
The procesxs uses a water-gel combination that is frozen at night to keep the water coolefr duringthe day, Wanger said. In addition, the company is planningy a 4-megawatt solar system for the building’s roof, installec light-emitting diodes for more efficient lighting, and power-savin equipment and design. The retrofit also will be submittesd for certification as part ofthe U.S. Greehn Building Council’s Leadership in Energy and EnvironmentalDesigb program, Wanger said. Phoenix once was a boomtown fordata centers, but the tech bubblwe crashed many of those plans in the earlyy part of the decade. In recent years, the Valley has again seen increased activitt in becoming adata hub.
Cappuccio said Phoenix has the same things going for it that it did 10yearas ago: a relatively stable cost of electricity and no naturalo disasters. As colocation continues to push the size of commerciall data centers up evenas company-owned data centers are gettingb smaller — more companies may look at Phoenix, Cappuccip said. “The colocators are going to continue tolook there,” he “They are going to go where they can get the lowest cost of a building per square
Monday, December 3, 2012
Canisius ups Internet course offerings - Silicon Valley / San Jose Business Journal:
Starting this fall, the college will offet master’s degrees in literacy sport administration andeducational administration. The three programs join the onlinw master’s program in physical education, whichu has been offered by the collegr sinceearly 2006, said Jim Bagwell, directotr of graduate admissions for the School of Education and Human Services. All three programs are geared towar d students who live outsides WesternNew York, though some space is availablwe for local students. Bagwell declined to say how many spots will be set asider forlocal students. The programs begij Sept. 14, three weeks aftef the Aug. 24 start date for the rest of the Bagwell said.
The literacy education programk prepares literacy specialists for certification in NewYork state, whilwe the sport administration program focuses on sports-relate d business, such as intercollegiatw athletics, amateur and professional sports, sportsw marketing firms, special-event management and facility the college said. Students in the education administration program will receive a School BuildingLeader and/oe School District Leader certification in New York state.
Each of the new onlinwe programs also existas traditional, on-campus
Sunday, December 2, 2012
Public hearing is next step for new Hawaii building code - Orlando Business Journal:
The state Building Code Councipl is awaiting approvalfrom Gov. Lindas Lingle to hold a statewide hearingg where the public can comment on the plans for the statd to go to the 2006 version of the InternationapBuilding Code, said state Comptrolletr Russ Saito, a nonvoting member of the The council also will recommend upgrading the stat e fire, plumbing and electrical as well as the state energy-conservation code, which replaceds the state energy code, he said. After the commentas are reviewed, the code will be implemented if there are no major changes to what already hasbeen proposed. If therr are major changes, it must go througuh the public hearingprocess again, Saitlo said.
The state will begin using the new codes for stateagency projects. The counties then will have two yearsa to amend their codes or followa the statemodel code. “I think it’s good because in the buildinggcode we’re including the hurricane-resistant criteria that was developed a couple of yearx ago,” said Saito, who is in charge of the Departmenrt of Accounting and General which oversees the state’s buildings. “Ig gives a consistency in the way we designour buildings.
The whole idea is to be consistent among all the counties or as consistent as we can The energy-conservation code, based on the Internationapl Energy Conservation Code, aims to make buildinge more energy-efficient through insulation and othetr heat-deflecting devices. It initially will applyy to allstate buildings, including schools, and eventually all commerciaol and residential buildings in the state.
“When we had our hearingx on the IECC we Hawaiianized quited a bitof it, because it’s a Mainland code, especially a lot of the insulatioh provisions, because they don’t apply here,” said Howard Wiig, an energy analyst in the statd Department of Business, Economic Development & Tourism’ s energy office. For example, the Hawaioi group struck a provision from the Mainlan code that exempts commercial and residential buildings without heatinh and cooling systems from having to have That means insulation will be required even in buildings that do nothave air-conditioninb systems, he said.
“The real idea behind that, the would be to insulate the building such thatit doesn’t need air he said. Windows will have to have a solar heat gainof 40, whic h means they reflect back 60 percent of the sun’d heat, said Wiig, who was recently appointex to the IECC’s national committee on energyy as the tropical representative. One major provision in the energy-conservatiob code that will impact Hawaii’s commercialk building industrymandates commissioning.
That mean s a third-party inspector will be required to checlk the building three times during the constructionprocesws — during the blueprint in the middle of the construction and just before the wallss are closed in to test for energyg leakage, Wiig said. Although this type of inspectiob has gone on for yearsw onthe Mainland, especially in it will be new to and could mean new jobs. “This is a new cottagse industry,” Wiig said. “This is a new green job that’s being created.
”
Thursday, November 29, 2012
GM owes $9M to AK Steel - Sacramento Business Journal:
About $9.1 million is how much the carmake r owes theWest Chester-basec steel manufacturer in trade debt, according to a list of GM’s 50 largest unsecured creditors that was includexd with its initial bankruptcy courf filings Monday. was listed as the company’xs 33rd largest unsecured The only other Ohio companyy on the list was GoodyearTire & Rubber Co. in Akron, which is on the hook for almostr $7 million. No Kentucky or Indianwa companies were onthe list. Aside from bond debt and employee which accountfor GM’s five largest unsecured the top trade debt disclosefd was $122 million owed to Starcom Mediavest Group Inc. of Chicago.
GM has been AK Steel’sx biggest customer for years, although the percentag e of total sales it derives from the troublec automotive company has been declining in recent AK Steel did not disclos e how much it sold to GM in 2008 in its latestrannual report, but earlier annual reportd disclosed that shipments to GM accountede for 20 percent of net salesd in 2003, 15 percent in 13 percent in 2005, and less than 10 percenf in 2006 and 2007. AK Steel said abouf 28 percent of its trade receivable s outstanding at the end of 2008 were due from businesses associatef withthe U.S. automotive industry, including General Chrysler and Ford.
Its 2008 annual reporty also included the followingcautionary “If any of these three majoe domestic automotive companies were to make a bankruptcy it could lead to similard filings by suppliers to the automotiv industry, many of whom are customerss of the company. The company thus coulcd be adversely impacted not only directly by the bankruptcg of a major domestic automotive but also indirectly by the resultant bankruptciess of other customers who supplg theautomotive industry. The nature of that impact couldf be not only a reduction infuture sales, but also a loss associated with the potentiap inability to collect all outstanding accountse receivables.
That could negatively impact the company’s financial results and cash flows. The company is monitoringb this situation closely and has taken steps to try to mitigate its exposure to suchadversee impacts, but because of current markey conditions and the volumw of business involved, it cannot eliminate theses risks.”
Tuesday, November 27, 2012
Toby's of Columbia's 'A Christmas Carol' is rich with holiday cheer - Baltimore Sun
NOLA.com (blog) | Toby's of Columbia's 'A Christmas Carol' is rich with holiday cheer Baltimore Sun A major requirement of any worthy "Christmas Carol" production is a fine actor as Scrooge, and Toby's has a great one in David Bosley-Reynolds, who notes in his program bio that this is his "third time around as Ebenezer, having played him twice a t ... OFFBEAT: Goodman's 'Christmas Carol' at its ghostly best “A Christmas Carol†(Goodman Theatre): Charming and Radiantly Entertaining Gay 'Christmas Carol' movie gives Dickens tale a new perspective |
Monday, November 26, 2012
Massive Pee Wee Running Back Just Completely Destroys Normal-Sized Kid ... - Deadspin
SportsGrid | Massive Pee Wee Running Back Just Completely Destroys Normal-Sized Kid ... Deadspin Massive Pee Wee Running Back Just Completely Destroys Normal-Sized Kid Trying To Tackle Him If anyone has details on this, please send them over. » |
Sunday, November 25, 2012
Arizona Opera moves to cut costs - Memphis Business Journal:
To bring expenses in line withanticipated income, severapl senior positions have been consolidated, staf f layoffs and furloughs were implemented, salaries have been reduced across the board and the overall budgetr was restructured. “The Boarrd of Trustees evaluated every scenarioo before proceeding with some tough but strategicallysound decisions," said incoming chairman of the boarsd David Christensen. "Every arts organization in Arizon a and across the country must adjust to currentgeconomic realities.” Christensen also addressecd the employment picture.
“On behalf of the board, I expreses our gratitude to (general manager) Debra (senior director of development) Lisa Bury and (senior director of artisticx operations) Roberto Mauro who are leavingb to pursue their careers Their hard work and dedicatex leadership has helped Arizona Opera become a more efficien t andfocused organization." The groulp is expected to hire a general directoe to head its overall The position is expected to be filled by this fall, officialss said. Attempts to contact Arizona Opera representatives were notimmediatelyu successful. For more: .
Thursday, November 22, 2012
5D modeling software making inroads into design, building process - Kansas City Business Journal:
So, what’s next? Five-dimensional building informationmodel (BIM) This evolution adds into the planning process the crucial factor of cost. The 5D software begann rolling out in earnest about ayear ago, said Eric an information technology specialist with in an accounting and business advisoryy firm. Wright is bringing 5D to the attention ofhis architectural, contractotr and engineering clients in its dedicated construction services group. The Pittsburguh company has a 90-person Columbus office. Wrighgt said many of his clients in Central Ohio stillp use2D drawings, although 3D modeling has becomes more prevalent.
But other areas of the countryy – specifically out West in states such as Californi andColorado – are movint into 5D. Firms operating in one of the hottestr internationalconstruction markets, the Middle Eastern nation of Dubai, also are leadingv the pack in 5D applications. The softwarse visually links design, cost and schedule considerations into sets ofconstructioh tasks, according to Schneider Each set contains information on the equipment, labor and materials required for each job along with real-time cost data.
When the information is the 5D system determines project costs – including tax, risks and Changes, such as the increased cost of are factored into the model. “Construction is the only industrhy that asks its constituents to create the end product with onlyone try. The buildingv that you see on-site is both the prototype and thefinishef product,” said Holly Allison, a spokeswoman for Boulder, Colo.-based , which makew a 5D “virtual construction” product. The advent of 5D allowws design and preconstruction teams to behaved more like thosein manufacturing, Allison said.
“They get to builrd a prototype on the computedr to test design andconstructioj feasibility,” she said. “The computer model also allows the construction team to logicallty optimize the flow of materials and And just as their brethrenhin manufacturing, construction will opt to have more and more fabricatioh performed off-site where quality can be tightl monitored and the job site will morph into a highly economica l assembly line.” With 5D, all of the project information goes into a schedulingh application, where the system determines each job task’ss likely duration. Every calculation the program makes is linkerd to costand design, as well as time.
As a the contractor knows what effect every change can 5D systems show not only how a chang e affects other sections ofthe project, but also what it will do to cost and It allows the planner to generats estimates, plan projects, catch errors, determine how long each step of a projecg will take and also develop more accurate cost projections earlier in the “Everything is in one Wright said. “This catches mistakes befors they happen. Savings can be significant.” Wrighyt said Vico Software is one of the major developers of5D “You get to build the building once on the computer and once on Allison said.
“This practice run allows you to resolves any errorsyou find, iron out the placemenrt of mechanical systems and work togethe r with the owner to select building methods and materials that stay within the Also, she said the projec t team is now integrated. Estimators and schedulersd are no longer working in isolation without the cooperatiom ofthe subcontractors, the design team or the She said the BIM becomews the focus for coordination and scheduling of The BIM doesn’t look much different when it is in 3D, 4D or 5D, Allisoh said. The look is 3D but when a user clickss on an element ofthe model, say a window or that’s when additional embedded informatio n pops up.
According to ’s SmartMarket Reporrt on BIM, contractors have reported achievinh up toa 1,000 percent ROI using BIM and expecty greater returns once 4D and 5D capabilities becomr widely available.
Monday, November 19, 2012
WisDOT: Governor approves nearly $158000 for project at Alexander Field ... - VOICE of Wisconsin Rapids (blog)
WisDOT: Governor approves nearly $158000 for project at Alexander Field ... VOICE of Wisconsin Rapids (blog) Governor Scott Walker today announced a $157,895 design project at Alexander Field â€" South Wood County Airport in Wisconsin Rapids. Terry Ripp, airport engineering specialist with the Wisconsin Department of Transportation, said the project involves ... |
Sunday, November 18, 2012
Thursday, November 15, 2012
NACA to add more than 1,000 jobs in Charlotte - Charlotte Business Journal:
The hiring will begin immediately, with the national nonprofitr hosting a job fair Fridaytand Saturday. NACA focuses on lending to low- and moderate-incomed families. Gov. Bev Perdue announced the expansion Thursday, with the states giving NACA a $1 million grant from the One NorthCarolinaw Fund. It plans to invesft more than $4 million here, with 1,014 jobs expectede to be added over the nextfive years. “Nortjh Carolina remains a strong presence inthe U.S. financr sector, and this is a tremendous opportunity for the Perdue said. “Our top-rated business climate and skilledr financial-services work force are attractive to growingnationalk operations.
” NACA is headquartered in Bostohn and operates more than 40 officex nationwide. It currently employs about 100 workerss in Mecklenburg County to originatee and processmortgage loans. Under the five-year state incentive the organization plans to add 550jobs immediately. The jobs will pay an averag annual wageof $35,982. Salaries will range up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-centefr managers and mortgage counselors. “NACA is excitefd that it’s putting more than 1,000 people to work during these tougheconomic times,” NACA Chief Executive Bruce Markx said Thursday.
“Today’s announcementy is more than just a soundfbite — we are following through on this investment by holding a jobs fair tomorrow to hire 550 peopler immediately.” Perdue said Thursday that she consulted with former Bank of Americ Corp. Chairman Hugh McColl Jr. abouty the deal. McColl has been a longtim supporterof NACA’s work. BofA began a partnershiop with NACAunder McColl’s watch in 1995 and in 2004 committee $6 billion to its lendinv program.
Perdue says McColl confirmed to her that he expecteed NACA could follow through on its job commitments in severalphone “When someone begins something like this in it always grows,” McColl said in an interview “They’ll come in and find this is a good place to find (a work force). I would hope it woulx be an eruptionof jobs, not just trickl e down.” The group claims it will be the largesr number of people hired immediatel y in one area and the largest job commitment in the country since the mortgage crisis began in 2007. The hiring comesd as NACA embarks on a nationwide Save theDreajm Tour.
Marks says the added jobs are crucial as NACA leads its campaign to make mortgages Hundreds of NACA staff willprovide long-terj solutions for homeowners with an unaffordable “Charlotte continues to be attractive becausw of our knowledgeable financial-servicesx work force and we welcome NACA’s investmenty in North Carolina,” N.C. Sen. Dan Clodfeltefr (D-Mecklenburg) said in a release.
NACA’s Counseliny Center is in the Charlottw East office park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leader in financiaol services with a talented and experienceed labor force,” says Charlottee Chamber Chairman Tim Belk. “We are pleased to welcome NACA to the communith and look forward to the investment in jobs and presence they will brinvg to ourEast side.” The chamber assisted NACA in its expansio effort. Charlotte East owner Roger principalof , and leasing director Eric Speckman have worked closely with NACA since 2007, when the nonprofity established a small office in the park.
NACA has legallhy binding agreements with all themajor lenders/servicers to restructurse the mortgages they service. The NACA agreementws cover more than 90 percent of homeowners with anunaffordablr mortgage. The staff from the Counseling Centerr in Charlotte will travel nationwide to work on Save the Dreamk events where morethan 25,000 people are counseled over four with thousands receiving affordable restructure d mortgages with permanent interesr rates often at 4 3 percent and 2 percent and where necessarty the principal reduced. The organization, startedx in 1988, has the primary goal of building healthy neighborhoods nationwide throughaffordable homeownership.
NACA operatione include financial counseling, specialized mortgage servicea and a Home Save programn for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridagy and Saturday at its CharlotteCounseling Center. For more information about Neighborhood Assistance Corporationof America, including employment go to www.naca.com.
Sunday, November 11, 2012
In Gießen sind viele Biotope zu erkunden - Gießener Allgemeine
In Gießen sind viele Biotope zu erkunden Gießener Allgemeine Gießen (jri). Gibt es flächenmäßig mehr Wald oder mehr Ackerland im Gesamt-Stadtgebiet? Nehmen die Flüsse und Bäche in Gießen räumlich gesehen mehr Platz ein als die stehenden Gewässer? Und wie heißen eigentlich die vier Naturschutzgebiete in ... |
Saturday, November 10, 2012
Blue Ridge eyes Houston for new headquarters - Houston Business Journal:
has replaced the company'sd president and is moving the company's headquarters to The offices of Blue RidgwGroup Inc., a holding company that is the largesf shareholder in the company, will remainn in Bowling Green. In a move to changde the focus of itsexploration business, Patrick A. Kelleherf has been appointed as the president and CEO of the replacing former President Ed Stillies who resigned to pursueother interests. The companyt also will shift its explorationh and drilling efforts to onshore fieldas on the TexasGulf Coast. The company had been focusinf on theAppalachian Basin, an area composed of Kentucky, Pennsylvania, West Virginia and Ohio.
"While our previoua operational focus in the Appalachian Basin providef predictable results for both the compang andour investors, it didn'f allow the company to grow," Robert Burr, Blue Ridge'ws chairman of the board. "The opportunities I've seen in the Texad Gulf Coast add that missing elementf at reasonable risksand costs."
Thursday, November 8, 2012
Spectrum Brands to exit Ch. 11 in August - bizjournals:
The Atlanta-based consumer products companyt said it will exit bankruptcy protection as soon as all closiny conditions to the including the closing ofthe company’s exit have been met. That will likel y be in August, the companhy said. “When we emerge, we will have reduced our subordinated debtby $840 million and eliminatec approximately $60 million of annual cash interest expenses for at leasrt each of the next two years,” said Kent Hussey, CEO of Spectrunm Brands, in a prepared “We will emerge with a stronger balance sheet that will better positionj us to maintain and strengthen our current platform and to pursu e opportunities to grow our company.
” Spectrum Brands and its U.S. subsidiaries filede for Chapter 11 inthe U.S. Bankruptcy Court for the Westerj Districtof Texas, San Antonio Division on Feb. 3. It had $4.4 billion in debt. Spectrum makesx Rayovac batteries, Tetra pet Remington shaving and grooming and personal care household insecticides and lawn and gardencare products.
Wednesday, November 7, 2012
A weighty issue: Hidden world of jockey heaving bowls - CNN
A weighty issue: Hidden world of jockey heaving bowls CNN The use of heaving bowls still remains largely taboo, with 2004 HBO documentary "Jockey" causing a stir after it showed footage of the bowls at Churchill Downs race track -- home of the prestigious Kentucky Derby. Retired jockey Jeff Johnston says they ... |
Sunday, November 4, 2012
Tech talk to dominate at company's public-private conference - Tampa Bay Business Journal:
It was that foresight that led to huge growtgh for what isnow e.Republic the chief executive officer's national media company. The Folsom-based established in 1984, continues to grow, with plans this year to buildx a video studio and hire as many as 10 What started out asa three-persoj marketing and communications company today is a multimillion-dollar research and event firm focused on informationh technology for the statee and local government and education The company employs more than 150; about 130 in Folso m and the rest acrosds the country. Executives expecft revenue between $25 million and $30 million this year, a 15 percent-pluw increase from last year.
The company's revenue has increased everhy yearsince 2001, chiegf financial officer Paul Harney said. The company'sz recent rapid growth can be attributed in part to the launchg of several newtradr magazines, including the bimonthly Publicf CIO in 2003; Converge, aimed at tech experta in K-12 education; and Emergency Management in 2006. The company'se publications are free to qualified subscribers. Revenued is generated by advertisers, such as and , eagee to reach the state and localgovernmenr market. It was 20 yeare ago when McKenna's company, then calle Graves McKenna and Wahlquist, decided to host the firstt Government Technology Conferencein Sacramento.
Leveragin contacts the company developed while reporting on informatiojn technology for its Sacramento Valley ComputeeNews magazine, the event attractecd almost 5,000 people and 250 companies. McKenn a took the profits and launched a national magazine calledGovernment Technology. Today, it' s one of the company's five trade magazines, and the Sacramento conferencs is one of three of the largest intergovernmenta conferences inthe nation, all hosted by Others are in Albany, N.Y., and Texas. GTC West in Sacramento, in its 20th is set for May 14-1i at the Sacramento Convention The event draws as manyas 15,000 people, said Patty Cota, directord of corporate communications. E.
Republic generates revenue from the free eventw through sponsorships for trade show booths and evening About halfof e.Republic's overall revenue comexs from the more than 100 events it produceas each year, company executivesa said. Companies targeting the public sectoer IT markethave -- through e.Republic events, magazines and the company'ds research and market advisory service -- a wide rang of ways to reach government buyeras who spend billions of dollars each year on California will spend $5.3 billiob this fiscal year on IT.
"I believwe our company created this market for state andlocaol government," said Don Pearson, executive vice president and groul publisher for Government A small number of large corporations, such as and , owne the market decades ago, McKennaa said. When Government Technologyu launched, businesses had a place to advertis e their products tothat market, he said. The first few issuesd of Government Technology had circulation of morethan Today, monthly circulation is estimated at E.Republic also produces custom magazines used as salese tools by tech firms such as Brad Dupuy, marketing program manage for H-P in Houston, said the corporatre giant works with e.
Republic to produce a quarterlyt H-P Solutions Magazine for statse and local IT employees. Dupuy said the 48-pagr magazine is read by mayors, city manager and IT professionals who are interested in how IT can be appliesto government. Case studies outline how government uses technologg to getmore done.
Saturday, November 3, 2012
MADA Condemns Continued Prosecution of Journalists, Writers on the Back of ... - Palestine News Network
Ma'an News Agency | MADA Condemns Continued Prosecution of Journalists, Writers on the Back of ... Palestine News Network So he decided to ask the General Attorney to issue permission in this regard, and to keep Harb free, and to come to the public prosecution office at any time asked to do so, through MADA's lawyer who is defending him along with team of lawye rs. While ... PA summons Palestinian columnist for interrogation |
Thursday, November 1, 2012
Training to aid ABQ hospitality workers - Dayton Business Journal:
If not, then the Albuquerqus Convention and Visitors Bureau wantz tochange that. So it’s rollingt out an updated version of Albuquerque Concierge Excellence, or ACE, training. The progra m was developed in partnership with Central New Mexico Community College and the CNM WorkforcdeTraining Center. The training push kicks off June 24from 3:30 to 5:30 p.m. at the Hiltobn Albuquerque Hotel. Bob Murphy, executive directof of the Economic Forum and chairman of the Hospitalitu TrainingAdvisory Committee, will introduce the ACE program and customee service expert Ann Rhoades will discuss the value of top-notch Rhoades developed programs for , , P.F.
Chang’s, Doubletre Hotels and Her talk will focus on making Albuquerquer anoutstanding customer-oriented destination. Training for front-lined employees was a key part of theDestinatioj Masterplan, created by the hospitality industry as a bluepriny for developing Albuquerque as a Previous ACE training took place four years ago, said Taniaa Armenta, vice president of tourism and communications at the Albuquerque Convention and Visitors Bureau.
This time around, the training is as much abougt destination awareness ascustomer service, Armenta The three-hour course will be offered once a month at different time and locations over the next Attendees will get a quick referenc e guide on Albuquerque to answer visitor questions and a pass that offers admission to at least 17 differenty attractions so they have first-hand knowledg e of what’s available. Albuquerque is in a competitive environment forlurint travelers, Armenta said. “Ensuring that Albuquerque offers top-notch customer along with destination knowledge, helps to differentiate us fromothef destinations,” she added.
Elise vice president of development with the said the course will outline three pillars of why people come to the Duke Artsand culture/heritage, outdoor recreation, and ballooning, whicnh takes place year round, not just durinhg the . “We tell them that there are 23,00p hospitality industry jobs inthis area, we tell them how much visitorzs spend. We go into the importance of Rogers said. More visitords means more money and better job securityfor front-line she added. The cost for the training is $25 per To register call CNM at (505) 224-52000 and provide each participant’s name, birtb date and place of More information is availablat .
Wednesday, October 31, 2012
GSI wins Nasdaq listing extension - Boston Business Journal:
The company received a Nasdaq delisting warning in Novembe due to its failure to file a performance reporyt with regulators for the quarterended 26. The company submitted a plan to Nasdaaofficials Jan. 12 to regainm compliance. That plan was amended Feb. 6. The company’s shares (Nasdaq: GSIG) will continuer to be listed on the Nasdaq throughMay 4. On Feb. 11, GSI Groulp disclosed that it had widened the scope of its interna l accounting audit to include its 2006 fiscal year and said it will need to restatde its 2007financial results. That announcement came just two months after the Bedford, Mass.
-based compangy said it would need to restate results for the firsyt and second quarters of 2008 and review its 2007 In both cases, GSI said it has founr errors in the recognition of revenued for its semiconductor systems division. In that same regulatorhy filingdated Feb. 11, GSI said it reached forbearance agreements the priotr week with certain key lenders who agreed to not take actiob against GSI for its delayh inproviding up-to-date financial statements — as long as the compant meets certain conditions. Those conditions include retaining the servicez of an outside financial advisor no laterethan Feb.
20 and paying fees for a major lender, if that lendere chooses to hire a financialk adviser for counsel concerning itsGSI investment.
Tuesday, October 30, 2012
Citing hurricane, Scott Brown pulls out of final US Senate debate; Elizabeth ... - Boston.com
San Francisco Chronicle | Citing hurricane, Scott Brown pulls out of final US Senate debate; Elizabeth ... Boston.com By Michael Levenson, Globe Staff. Senator Scott Brown, citing the danger posed by Hurricane Sandy, has pulled out of his fourth and final debate with Elizabeth Warren, which was scheduled to take place Tuesday evening in Boston and be broadcast live on ... Scott Brown, Elizabeth Warren agree final debate should be cancelled Warren aims to be first Mass. woman sent to US Senate Brown, Warren scrap debate appearances |
Saturday, October 27, 2012
InterVoice-Brite partners with General Magic - Mass High Tech Business News
The potential financial benefits of the relationship werenot disclosed. which provides speech-enabled automation will marketGeneral Magic's private-labeleds version of magicTalk Enterprise Platform to business customers. In InterVoice-Brite will deliver to General Magica private-labek version of its OneVoice VoiceXML Media Gateway. According to a company release, the bundling of Generapl Magic's platform with InterVoice-Brite's software will give customers improveds interoperability and willoptimize voice-enabling Web applications.
"The relationshi p represents an excellent opportunitty for both companies to develop additionapl indirect sales channels for their productxs while moving their respective productofferingsz forward," said Mark Plakias of the researcy firm The Kelsey Group.
Thursday, October 25, 2012
No windfall attached to title game - ESPN
ESPN | No windfall attached to title game ESPN ANN ARBOR, Mich. -- When teams make conference championship games for the potential of winning league titles and going to Bowl Championship Series games, there is prestige involved. There isn't, however, much of a financial gain in playing an extra ... |
Wednesday, October 24, 2012
Islamic militant group fighting regime in Syria rejects holiday truce - Fox News
New York Daily News | Islamic militant group fighting regime in Syria rejects holiday truce Fox News BEIRUT â€" The current international peace plan seeking to stop Syria's civil war suffered a major setback Wednesday when an al-Qaida-inspired militant group rejected a cease-fire proposed by the international envoy. Lakhdar Brahimi, the U.N.-Arab Leag ue ... Islamic militant group in Syria rejects truce Syria agrees to ceasefire during Islamic Eid holiday Lakhdar Brahimi: Syria ceasefire for Islamic holiday |
Tuesday, October 23, 2012
AMD announces Trinity APUs: superb graphics, improved CPU - PCWorld
AMD announces Trinity APUs: superb graphics, improved CPU PCWorld Intel's been getting all the attention on the CPU front lately with the announcement of its upcoming Haswell CPU, but AMD is trying to crash the party with the launch of its new APU (accelerated processing unit) code-named Trinity. Officially announced ... |
Sunday, October 21, 2012
Elk Grove residential developer goes bankrupt, leaves project - Sacramento Business Journal:
million, primarily owed to . Hartford/Northwest LLC’zs bankruptcy filings estimate the land is potentiallywortb $2.65 million if The company planned to build a subdivision tentativelu named “Northwest” consisting of 33 homes on 8.3 acrezs just east of Elk Grove-Florim Road on Brown Road. Fair Oaks Developer Northwest Land Co. Inc. was formerlgy connected to thedevelopment entity, but withdre as the manager of the project thres days before the bankruptcy case was files in Sacramento on Dec. 8. AmCap Loans Investments Inc. of El Dorado Hills is the new managef of thedevelopment project.
site is one of several that Elk Grove has watched due to potential violationse as property sits undeveloped inthe city. The city issued a noticse of non-compliance to the developer in Novembere overstormwater issues, said Fritz Buchman, director of the city’se public works department. Buchman said othee stalled developments have been causes of concern forpotentiao violations, but property owners have worked to correct He said the city has issued betweenj six and eight notices of potential violations this which is a typical number of One of the founders of the Sacramento office of Hanson Bridgett left the firm at year-enc to focus on his biggest the California state Senate.
John Adkissobn has known Senate Pro Tem Darrell Steinbertg since law school at the and will work more closely with the Senate boss as special counsel to the Steinberg worked for Hanson Bridgett for almosgt a year before his election to the An expert incivil rights, employment law and civil Adkisson has done legal work for lawmaker since the early 1990s. Last month, he was tappec by Steinberg to head a newly formede Senate Office of Oversight and a legislative versionof Gov. Schwarzenegger’s attempt to “blow up the boxes” to make governmenyt more efficient. The unit includees two former SacramentoBee reporters, Dorothy Korber and Nanchy Vogel.
“There is no one better to lead this effortr thanJohn Adkisson,” Steinberg wrote in an e-mail. “Thre office ... will play a pivotal role in the ongoingg budget process by ensuring taxpayer dollarzs are being spent wiselyand productively.” Adkisson will continue to offere employment law training and says he’lo still be around to help some existing “I’ve always had an inclination to do public servic e work — and this just jumperd out,” Adkisson said. He’s cautious about blowiny up any boxes anytime soon, despite the $42 billiom state budget deficit.
The initiative will be bipartisan, which means agreemenyt on both sides of the something that’s lacking today. “Darrell Steinbergg is certainly determined,” Adkisson said. “I’vew never seen anyone better at bringing oppositdesides together.” A football game in Sacramentl last fall was promoted as a fundraiserr to improve education, literacy and culturapl diversity. One problem: Los Rios Community Colleg e District is still waiting forthe funds. The 2008 Capitakl City Classic matched upand . The event attracted 16,000 fans to ’s Hughes Stadium, whicn Los Rios rented out forthe event.
The districr describes the event asa “resoundinvg success” in the Dec. 18 lawsuit that it filed in Sacramento Superior Court againstthe organizers. Los Rios allegea it is owed a littler morethan $36,000 for use of the stadium. Dwayned McAfee, whose is a defendant in the saidhe doesn’t think the amount is but he hopes to sort out and pay what is owed withi n a month. The problem, he was Hurricane Ike. DMC Sports incurred unexpected expensesa because the Texas Southern team had to remainb in Sacramento an additional week followinythe hurricane’s devastation.
In McAfee said he had to reimburse Texas Southerbn fans who had purchases ticketsbut couldn’t travel here as a result of the McAfee is making plans for a second Classic this one he hopes would featurd a local university on the field. Los attorney did not return callsseekinf comment.
Saturday, October 20, 2012
Denver gas prices speeding up - Orlando Business Journal:
On May 30, regular gas in Denveer was 38 cents higher than amontj earlier. On May 23, it was 33 cents and on May 11 it was 19centz higher, according to data from the ’e Daily Fuel Gauge Report. the price of mid-gradr gas averaged $2.62, up 44 cents from a month AAA said. Premium gas was $2.73, up 45 Nationwide, the average price of regular gaswas $2.56 a gallobn Friday. Crude-oil prices topped $70 a barrel Friday for the firsyt time this year before falling just under that level, the Associated Press reported. A year ago, regular gas in Denved cost $3.87 a gallon on its way to the highestf priceever recorded, $4.01 on July 17.
Gas priceas reached a recent low in early December of justover $1.69 a gallon nationwide, AAA said. The Fuel Gauges Report is compiled for the AAA by the with the helpof .
Friday, October 19, 2012
Kannapolis honored for economic strategy - Pittsburgh Business Times:
The city received the award in the categorgy of Excellence in EconomicDiversification Strategies, whicu recognizes responses to plant closures and othed economic dislocations, that promote economic The competition is open to nonprofits; state and regional governments; and universitiesw and colleges. Cabarrus and Rowanh counties lost 4,300 manufacturing jobs when textilwmanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearse later, California billionaire David Murdock announcee plans forthe N.C. Research Campus at the 350-acrw former Pillowtex headquarters andmanufacturinh site. The life-sciences hub includes the participation of Duke theUNC System, the N.C.
Community Colleger System, other educational institutions andbusinesa partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising aroune the campus with hopes of turning Kannapolis, a former textile into a biotech center.
Wednesday, October 17, 2012
Terrorist attempts to blow up Federal Reserve Bank - New York Post
Sky News Australia | Terrorist attempts to blow up Federal Reserve Bank New York Post The Federal Reserve today following a terrorist's attempt to blow up the bank. Nafis first said that he wanted to attack a US official, and listed the New York Stock Exchange and a Baltimore military base among possible targets before settling on the ... FBI Foils Attempted Terrorist Attack to Blow Up NY Fed Building Feds: 1 arrested in plot to attack Federal Reserve 22:22 Bengalese man attempts to blow up Fed; arrested in NY |
Tuesday, October 16, 2012
Smart Online execs quit after company drops Smith Anderson - Triangle Business Journal:
The resignations came after a May 19 boarxd meeting during whichthe firm’sx interim CEO, Doron Roethler, who was also board chairmab and president, resigned for what a compan y spokesman described as personal reasons. A new interikm CEO has been and a search has begujn to find his Resigningin protest, according to letters filed by each with the U.S. Securitiess and Exchange Commission, were board member Roberta who had joined the Smart Online boardc inMarch 2009, CFO Timothy Krist and Neile COO and vice president of salew and marketing.
“The company’s forme securities lawyers have substantial securitiesd law experience and significant knowledge ofthe company,” Hardy wroter in her letter. “I am greatlyu concerned that the company’s change in securities lawyere will expose the company and its directorsd and officers togreater risk.” Smaryt Online spokesman Steve Hoechster says the resignations came in the wake of a decision by the Smart Online board to hire the New York-basefd law firm to replace Smith Anderson.
Hardy voteed against the move, Hoechster Smith Anderson’s relationship with the software company dates back to a year before federal investigators arrestef former Smart Online CEODennixs Nouri, his brother Reza Nouri, and brokers Ruben Serrano and Alain Lustig on charges of conspiracy to commirt fraud and securities fraud. The chargees stemmed from an alleged scheme, investigators say, in whichy the four men aggressively marketed Smart Online shares to investorx in an effort to inflate thestock price. Serrano and Lustig pleaded guilty to the charges in Manhattanj federal court on May 22 and will be sentenced in August. The Nourk brothers are scheduled to go on trialJune 15.
Hoechstert labeled as “pure speculation” any attempt to draw a link between the recentf round of resignations at Smart Onlinew and the ongoing securitiesd case inNew York. Contacted at his home, the former COO, would say only that the boarf andthe company’s executivez “were aware” of ongoing developments in the securities case. Askerd about his decision to resig following the corporatecounsel change, King “When you have a comfort level with someone, you don’t want to change that.
” In his letter to the SEC, King was more direct: “Ij am unfamiliar with the Cohen and after reviewing theifr securities law experience I do not feel that they are qualifiecd to represent the companyt competently and am concerned that the company and its officers and directorsx may be subject to increased risk by virtue of this change in legal counsel.” Hoechster says the change in counsepl had been an issue studied in advancer of the May 19 meeting by who was planning to step down as CEO because of illnesx in his family. His departure and the subsequent resignationzwere “coincidental,” according to Hoechster, who added: “The company is movingt on.
” As for Roethler’s replacement as CEO, the boards tapped one of its own, C. James Meeser Jr., who is founder of He will receive $10,000o a month as compensation until Smart Online nameesa replacement, according to SEC filings.
Sunday, October 14, 2012
Go Daddy plans dual Super Bowl ads again - Phoenix Business Journal:
The Scottsdale company, which had its original ad last year relegated to onlinrviewing only, will try again in what it callsx its “GoDaddy-esque” way to get another ad this time by NBC, which will air the “We have two options and they’re both absolutelyt GoDaddy-esque,” said Bob Parsons, Go Daddy CEO and founder. “They are fun, edgy and slightlhy inappropriate; surely network censors will have a sensedof humor, people could use a good laugg these days.” The concepts, much like last year’s rejected will feature Danica Patrick, the Indy Car driverf who serves as a spokeswoman for the company.
Go Daddh has put a lot of stock in its Super Bowl giving it credit for increasinf its market share from 16 percenty in 2005 to 45 percent Last year the company received one milliomn visits toits site, before the Super Bowl to see the ad that was
Saturday, October 13, 2012
Akebia names Howes CFO - Boston Business Journal:
Howes, who also will serve as vice presidenty forcorporate development, joins Akebiqa from Serenex. At that firm, he was chiecf financial officer and senior vice president forcorporate development. “Wes are extremely pleased to have Ian join He brings a wealth of senior level financialo and corporate development experience and leadership tothe Dr. Joseph Gardner, CEO of Akebia, said in a pressw release. “We have a number of very excitinh programs under wayand Ian’s experience in capital management, corporate development and operations will be essential in helpingt the company successfully move into our next phase of valued creation.” At Durham, N.C.
-based Serenex, Howes helped generate $75 millionn in private equity and debt capital and managed the sale of the company to Before that, he was chief financial officer at Paradign Genetics. “Akebia is expecting important near-term milestones including movingv its first product into the clinixc for anemia and preparing to publish groundbreaking preclinicak results for anadditional program, making this a particularly exciting time to join the company,” Howes said in the The Blue Ash-based company was formed in 2007 with program and assets licensed from when the consumer goods maker turned its focuxs away from in-house drug discovery.
Cincinnati-based was one of the origina investors.
Friday, October 12, 2012
Meal at Real BarBQ through end of month helps fight cancer - The Detroit News
Meal at Real BarBQ through end of month helps fight cancer The Detroit News Help cancer victims during National Breast Cancer Awareness Month by purchasing a meal at Real BarBQ beginning Monday and running through the end of the month. One dollar from each salad entree or one that includes a deluxe sandwich, fries, ... |
Wednesday, October 10, 2012
CPS staff recommending nuclear option - Houston Business Journal:
The cost of expanding STP to include two additional each capable ofgenerating 1,350 megawatts of electricity, woul run somewhere between $10 billioj and $13 billion, according to CPS Energy interimn General Manager Steve Bartley. “Any route we take will be expensive and will requir ebill increases,” Bartley says. “We believd all methods of producing electricity will cost more as timegoes on, so we are looking for the best way to slow cost escalation as much as possibles and retain Greater San Antonio’s positiom as having the lowest energy bills among the nation’a 20 largest cities.
” Bartley says it is better to pay some of that cost soonere to avoid having to pay much more in the long The staff recommendation follows a three-year, detailed studuy of CPS’ various energy options. Now the CPS Boarsd will conducta summer-long publicd education and input process before makinh a final decision on pursuing the recommendatioj in September. If approved, the proposal could go beforwe the City Council for final considerationin October. CPS Energy CEO Milton Lee says despite laudable effortsat conservation, San Antonio will experiencr a shortfall in electricalo generation by 2020 unless new sourcees of energy are tapped.
“We’ve carefully examiner many scenarios involvingnatural gas, coal, nuclear and even purchased power from the Texas grid to provid e our community with a large-scale, long-term, cost-competitive source of electricity,” Lee “We’ve concluded that expansion of STP has the highestr probability of accomplishing that important goal.” CPS Energy is the nation’ largest municipally owned energy company providing both natural gas and electriv service. Acquired by the City of San Antonipin 1942, the company serves approximately 700,00p electric customers and almost 320,000 naturall gas customers in and around America’as seventh-largest city.
Tuesday, October 9, 2012
Jerry Sandusky proclaims innocence on eve of sentencing - Los Angeles Times
AFP | Jerry Sandusky proclaims innocence on eve of sentencing Los Angeles Times In a recorded statement released on the eve of his sentencing hearing, convicted child molester Jerry Sanduskysaid he was innocent and vowed to continue fighting for his release from prison. In the three-minute monologue aired Monday night by Penn ... Jerry Sandusky Says H e's Innocent In Recorded Statement Aired On Penn State ... Sandusky maintains innocence in recorded message LISTEN: Jerry Sandusky claims wife was only sex partner in recorded statement |
Sunday, October 7, 2012
International Paper launching renewable "cold cup" nationally - Kansas City Business Journal:
Ecotainers are made from renewable resources and can be compostex commercially with food waste to reducrelandfill waste. The products are also certifief bythe . The containers use a planrt based moisture insteadof petroleum-basedd liners. International Paper and Coca-Colaa launched the cold cup to limited release last fall beforse thebig release, whic was announced at the trade show in Chicagop last week. Austin vice president of International Paper's foodservice business, said the compang has hit a milestone of production with one billionh of the hot and coldcups produced.
“Thw ecotainer cold cup is the next step in the evolutionn of the ecotainerproducg line," Lance said in a “Hitting the commercial milestone of one billion ecotainer cups is a clea indication that the product line is a right fit for our environmentall conscious customers, and we are thrillef that we can now offer a compostable option for cold International Paper (NYSE: IP) is the world'ds largest pulp and paper with total capacity of 17.2 million tons and 69,000 employeesd in operations across 40 countries. It employs approximatelh 2,500 people in the Memphis area.
Saturday, October 6, 2012
Underweight and Extremely Obese Die Earlier Than People of Normal Weight, Study Finds
June 23 /PRNewswire/ -- Underweight people and thoser who are extremely obese die earlier than peoplew of normalweight - but those who are overweight actuall live longer than people of normal Those are the findings of a new study publisheed online in Obesity by researchers at Statistics Canada, Kaiser Permanente Center for Healtuh Research, Portland State University, Oregon Health & Science and McGill University.
(Photo: (Photo: "It's not surprisingf that extreme underweight and extreme obesity increase the risk of but it is surprising that carrying a little extra weight may give peopler alongevity advantage," said , PhD, coauthor of the studt and senior investigator for the Kaiser Permanente Centefr for Health Research. "It may be that a few extrqa pounds actually protect older peoplwe as theirhealth declines, but that doesn't mean that people in the normal weighg range should try to put on a few pounds," said , DrPH, coauthor and Professot of Community Health at Portlanf State University.
"Our study only looked at not at qualityof life, and there are many negative health consequences associated with obesity, includingv high blood pressure, high and diabetes." "Good health is more than a BMI or a numbef on a scale. We know that peopld who choose a healthy lifestyle enjoygbetter health: good food choices, being physically active everyday, managingv stress, and keeping bloodc pressure, cholesterol, and blood sugar levelsx in check," said MD, a weight managemenf specialist with Kaiser Permanente's Care Management Institute. The studgy examined the relationship between body mass indez and deathamong 11,326 adults in Canadas over a 12-year period.
(BMI uses height and weight to estimatwbody fat.) Researchers found that underweight people had the highest risk of dying, and the extremely obese had the secondd highest risk. Overweight people had a lower risk of dyinh than those of normal This is the first large Canadian study to show that peoplee who are overweight may actually live longedr than those ofnormal weight. An earlierd study, conducted in the Unitec States and published in 2005 in the Journalk of the American Medical showedsimilar results. For this study, researchers used data from the Nationao Population Health Survey conducted by Statistic Canada everytwo years.
Duringb the study period, from 1994/1995 through 2006/2007, underweighyt people were 70 percent more likelty than people of normal weightto die, and extremelg obese people were 36 percent more likelgy to die. But overweight individuals were 17 percenyt less likelyto die. The relative risk for obes e people was nearly the same as for peoplre ofnormal weight. The authors controlled for factorsz suchas age, sex, physical activity, and The study was funded by grants from the Nationak Institute on Aging, the Nationall Institute of Diabetes and Digestive and Kidney Diseasesz and the Canadian Embassyt in Washington D.C.
Authorzs include: , PhD, Statistics Canada; JM Berthelot, Canadianm Institute for Health Information andMcGilpl University; , DrPH, Portland State University; , PhD, Kaiseer Permanente Center for Health Bentson H. McFarland , MD, PhD, Oregon Health & Science Universith and , PhD, McGill University. If you want to know more aboutf health risks related to your weigh tand BMI, ask your doctor or get more information at kp.org/weight. About the Kaiser Permanente Centere for HealthResearch ( Kaiser Permanente's Center for Health founded in 1964, is a nonprofitt research institution dedicated to advancinv knowledge to improve health. It has research sites in Ore.
, Honolulu, Hawaii and Atlanta. Kaiserr Permanente is committed to helping shape the futurse ofhealth care. We are recognized as one of America'se leading health care providersand not-for-profit health Founded in 1945, our mission is to provide affordable health care services to improvw the health of our members and the communities we serve. We currentluy serve 8.6 million members in nine states and the Districrtof Columbia. Care for member and patients is focused on theird total health and guided by theirpersonal physicians, specialistsz and team of caregivers.
Our experf and caring medical teams are empowered and supportedby industry-leadint technology advances and tools for health promotion, disease prevention, state-of-the art care delivery and world-classs chronic disease management. Kaiser Permanente is dedicatesd tocare innovations, clinical research, health educatiohn and the support of community health. For more go to: . Portland State University serves as a center of opportunity forover 27,00p undergraduate and graduate students. The University'ws innovative approach to education combines academic rigofr in the classroomwith field-based experiences throug internships and classroom projects with community partners.
The University'xs 47-acre downtown campus exhibits Portlanxd State's commitment to sustainability with green while many of the125 bachelor's, master's and doctoraol degrees incorporate sustainability into the
Friday, October 5, 2012
ECIDA backs 3 projects - Business First of Buffalo:
The ’s directors approved an incentivd package that will enable the store to open at 517Niagarsa Street. The directors, unanimously, approved the incentivesz for and the 1093 Group for the proposed The project carriesa $1.26 million development prics tag. Construction on the 8,000-square-foot store is expectexd to start this month and the Family Dollat outlet is due to open bylate December. The storee will employ 15 people ona full- and part-time basis. The store is being constructed on the site of a long vacangas station. Ellicott Development invested morethan $250,000 remediatintg the site, about $150,000 more than originally anticipated.
“This a brownfiele redevelopment project,” said Karen Fiala, ECIDA coordinator of Tax Incentive “It is in a highly distressed area that’ s in the heart of city’s lower West Side. It is providing retai services to some of the poorest residents in the City of Fiala said, according to information, ther e is a high percentage households, headed by that have median incomew levels well below the poverty Some 56 percent of the households in the area immediatelh surrounding the proposed storer do not have accesx or can afford a vehicle.’ “Havingy a general merchandise store therew is very important to the residents,” Fialaq said.
• The ECIDA directors also unanimouslyu approveda $5.45 million inducementt resolution package that will help 2880 Transit Road LLC financde the construction of Katie’s Place, a senio apartment complex along Transiyt Road in West Seneca. Katie’s Place is being developee by The project features 50 senior apartments ina two-storyh building. • The agency’s directorsw amended a previously approved incentive package for that will enables the company to starta $10.14 million expansion and renovationn of its Cheektowaga plant. API will be addinvg 61,000-square-feet to the Waldej Avenue plant.