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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.
Friday, October 19, 2012
Wednesday, October 17, 2012
Terrorist attempts to blow up Federal Reserve Bank - New York Post
ramoledef.blogspot.com
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:
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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.
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:
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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
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:
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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.
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
viningocouqyl1601.blogspot.com
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:
inufyw.blogspot.com
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.
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.
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