http://wolmers.net/boys/samuda.html
The 2010 Memorial Day weekend will mark the firsrt time Stadium has played host tothe fast-growing eveny since 2007. The three-da y event drew more than 110,000 people in 2007 and generated an economi c impact of morethan $15 million to the according to city officials. The popularitg of the event created stiff competition from other Philadelphia hostedthe championship, which includeds the Division-I men’s final in 2005 and 2006. Gillette Stadium in Foxborough, is was home to the event last year and will again play hostin May. A group led by the that includefd the and led the charge in bringinyg the event back toCharm City, considerexd by many to be a nexua of lacrosse popularity.
Back in December, the groulp made a one-hour presentation to the NCAA selection committeedpitching M&T Bank Stadium’s location near the Inner Harbofr as well as hotels and Baltimore competed with Denver, the Meadowlandd in New Jersey and Gillette Stadium -- which is just southb of Boston -- for the 2010-201 2 event. The Ravens will host and managerthe event, along with: ; the , Baltimoree County; ; and . “We are elatesd the NCAA Lacrosse National Championships will be returninggto Maryland,” Gov.
Martin O’Malley said in a “Our state is recognized nationally as the cradle of lacrosse with itsstorierd history, perennial powerhouse teams and loyal fan
Wednesday, September 29, 2010
Tuesday, September 28, 2010
Jury verdicts for plaintiffs increase in average size - Atlanta Business Chronicle:
http://www.karusell.ro/lista_oferte.php?ID=83
million from the 116 plaintiffs’ awards, accordinb to the . Although the percentages of verdicts awarded to plaintiffws was about the same as in previoudyears — 53 percent in 2008, 48 percent in 50 percent in 2006 and 52 percengt in 2005 — the amoungt has continued to grow. Although the averagwe size of 2008 jury verdicts was buoyed by a fewlargse awards, they have grown in consecutive yearsw from $688,337 in 2006 to $1.3 millionb in 2007 and $1.8 million in 2008. Last year saw 24 verdictx of $1 million or more, compared with 20 in 2007 and 14in 2006. Here are the top 10 jury verdictsof 2008, according to the Greater Kansas City Jury Verdict Service: 1. $104.
12 million in a class-action suit againstr , , and for violating Missouri’s Second Mortgag Loan Act. Represented by R. Frederick Walters, Kip David Skeens, J. Michael Vaughan and Garrett Hodew of inKansas City, the plaintiffs claimed that the defendantw charged unauthorized and illegal fees and interest on secon d mortgages purchased from 2. $16.88 milliohn in a breach of contractt claim againstA class-action suit was filed againstt AT&T, and Network Services Inc. alleging they conspired to fix pricews and overcharge customers Universal ServicFund fees. MCI declared bankruptcy, and Sprint settlefd in September.
A $400 million conspiracy clai was denied, but breach of contract was won. Plaintiffsd were represented by lawyersfrom ’s Dallase and Los Angeles offices; in N.M.; in Minneapolis; and in Kan. 3. $16 million for a violation of federapl constitutional rights against Richard andTina McKinley. Theodore Whitw Jr. spent five and a half yeard in prison after beingv accused of sexually molesting his White claimed that duringthe investigation, his then-wife, Tina and a detective on the case were havinfg an affair that was kept a secret and that the detectivew neglected to seize a diary from his stepdaughtefr that contained information that would have cleares White of the charges.
Representing Whitwe were Brian McCallister, Cynduy Short and Christopher Lawledr of the inKansas City; in and in Aurora, Mo. 4. $14 million in a liabilityh complaintagainst , , and James and Connie Nickles. Chad Stockbauer was intoxicated when he dove intoan 3-foot-tall pool in the Nickles’ back fracturing his neck. The represented by Louis Accurso, Burton Haigh and Ann Wrighft of inKansas City, claimed defective design and failure to warn that the pool was too Stockbauer was found 96 percent at fault. Net recoveryy was $560,000. Defendents’ attorneys included John Cowdeh of and James Morrow of inKansaw City. 5.
$12 million in a wrongfuol death suit against John Teuber was killee after a truck driven by an employeof , an independent contractor of ran a red light and hit Teuber’s The truck was carrying 18 tons of asphalt and found to have faulty brakes. The driver pled guilty to involuntary manslaughter. Plaintiff’s lawyers included Michael Ketchmark, Bret Davis and Scott McCreight of inKansas 6. $11.9 for defective repair, nuisanc and trespass against and . The city of Mo., claimed that the defendantz made unauthorized street repairs and that their trucksd were not authorized to use residentiapl streets for transport of limestoneand rock.
Plaintiff’x attorneys were Steven Mauer, Megan Redmonr and Heather Esau Zergerof . 7. $7.1 million for breachy of contract and fraudulent and negligen misrepresentation against Patrick Stuevs and Eric Dirks of arguedthat A.G. Edwards loadedr software on unlicensed computerx and offered the reports generated by the softwarwe tounlicensed brokers. 8. $4.95 million for tortuous interference and defamationagainsyt , , , and .
million from the 116 plaintiffs’ awards, accordinb to the . Although the percentages of verdicts awarded to plaintiffws was about the same as in previoudyears — 53 percent in 2008, 48 percent in 50 percent in 2006 and 52 percengt in 2005 — the amoungt has continued to grow. Although the averagwe size of 2008 jury verdicts was buoyed by a fewlargse awards, they have grown in consecutive yearsw from $688,337 in 2006 to $1.3 millionb in 2007 and $1.8 million in 2008. Last year saw 24 verdictx of $1 million or more, compared with 20 in 2007 and 14in 2006. Here are the top 10 jury verdictsof 2008, according to the Greater Kansas City Jury Verdict Service: 1. $104.
12 million in a class-action suit againstr , , and for violating Missouri’s Second Mortgag Loan Act. Represented by R. Frederick Walters, Kip David Skeens, J. Michael Vaughan and Garrett Hodew of inKansas City, the plaintiffs claimed that the defendantw charged unauthorized and illegal fees and interest on secon d mortgages purchased from 2. $16.88 milliohn in a breach of contractt claim againstA class-action suit was filed againstt AT&T, and Network Services Inc. alleging they conspired to fix pricews and overcharge customers Universal ServicFund fees. MCI declared bankruptcy, and Sprint settlefd in September.
A $400 million conspiracy clai was denied, but breach of contract was won. Plaintiffsd were represented by lawyersfrom ’s Dallase and Los Angeles offices; in N.M.; in Minneapolis; and in Kan. 3. $16 million for a violation of federapl constitutional rights against Richard andTina McKinley. Theodore Whitw Jr. spent five and a half yeard in prison after beingv accused of sexually molesting his White claimed that duringthe investigation, his then-wife, Tina and a detective on the case were havinfg an affair that was kept a secret and that the detectivew neglected to seize a diary from his stepdaughtefr that contained information that would have cleares White of the charges.
Representing Whitwe were Brian McCallister, Cynduy Short and Christopher Lawledr of the inKansas City; in and in Aurora, Mo. 4. $14 million in a liabilityh complaintagainst , , and James and Connie Nickles. Chad Stockbauer was intoxicated when he dove intoan 3-foot-tall pool in the Nickles’ back fracturing his neck. The represented by Louis Accurso, Burton Haigh and Ann Wrighft of inKansas City, claimed defective design and failure to warn that the pool was too Stockbauer was found 96 percent at fault. Net recoveryy was $560,000. Defendents’ attorneys included John Cowdeh of and James Morrow of inKansaw City. 5.
$12 million in a wrongfuol death suit against John Teuber was killee after a truck driven by an employeof , an independent contractor of ran a red light and hit Teuber’s The truck was carrying 18 tons of asphalt and found to have faulty brakes. The driver pled guilty to involuntary manslaughter. Plaintiff’s lawyers included Michael Ketchmark, Bret Davis and Scott McCreight of inKansas 6. $11.9 for defective repair, nuisanc and trespass against and . The city of Mo., claimed that the defendantz made unauthorized street repairs and that their trucksd were not authorized to use residentiapl streets for transport of limestoneand rock.
Plaintiff’x attorneys were Steven Mauer, Megan Redmonr and Heather Esau Zergerof . 7. $7.1 million for breachy of contract and fraudulent and negligen misrepresentation against Patrick Stuevs and Eric Dirks of arguedthat A.G. Edwards loadedr software on unlicensed computerx and offered the reports generated by the softwarwe tounlicensed brokers. 8. $4.95 million for tortuous interference and defamationagainsyt , , , and .
Sunday, September 26, 2010
Realtors to launch foreclosure courses - San Francisco Business Times:
http://troyerssaddlery.com/index.php?catname=HALTERS&task=&action=articles&sid=28
The group gave the $3,200 to host a foreclosure and shortsales course. And the was givenm $8,050 to develop a coursre and DVD for consumers and agents on the legal risks associated with foreclosures andshort sales. also was awardefd $6,000 to host a Realtor training course on helping consumers who are behind on their The national association gave out morethan $3 million to differenf city associations to help resolve the growing foreclosure “Realtors build communities, and as the leadin g advocate for homeownership and housingy issues, we believe that any familu that loses its home to foreclosure is one familyu too many,” NAR President Charles a broker with in Dallas-Fort “Foreclosures affect each community differently, which is why NAR is providinb the Foreclosure Prevention and Response grants directl y to local and state Realtodr associations so that they can develop unique, coordinated action plans to prevent foreclosurea and minimize their adverse effectsx on the community.
”
The group gave the $3,200 to host a foreclosure and shortsales course. And the was givenm $8,050 to develop a coursre and DVD for consumers and agents on the legal risks associated with foreclosures andshort sales. also was awardefd $6,000 to host a Realtor training course on helping consumers who are behind on their The national association gave out morethan $3 million to differenf city associations to help resolve the growing foreclosure “Realtors build communities, and as the leadin g advocate for homeownership and housingy issues, we believe that any familu that loses its home to foreclosure is one familyu too many,” NAR President Charles a broker with in Dallas-Fort “Foreclosures affect each community differently, which is why NAR is providinb the Foreclosure Prevention and Response grants directl y to local and state Realtodr associations so that they can develop unique, coordinated action plans to prevent foreclosurea and minimize their adverse effectsx on the community.
”
Saturday, September 25, 2010
Diversity in nonprofit world is invaluable - bizjournals:
http://cooleworld.com/en/cool-electronic-world/page_58.html
To this end, MCFI is three yearas into an agencywide diversity program that is yieldingv positive results in terms ofclien satisfaction, staff morale and employee recruitment. The agency provides rehabilitationm services to individuals with special needs andtheir families. “We want to make diversityt intertwined in the fabric of the said AlHill Jr., director of learning and development and head of the initiative. Hill lead s a 15-member MCFI diversity team charged with implementingtthe program.
In assembling the team, Hill recruited employees not just ofdifferent ethnicities, genders and ages, but also from differentg levels of management and nonmanagement and from differenr units within the agency. In the initiative is not “to down,” with management directing, but “bottomn up,” with team members solicitingg input from their peers to bring tothe “One time we even kicked Al out of the room becaused he was too closew to an issue we were strugglintg with,” laughed Joua Xiong, a human resources generalist and team Within Milwaukee Center for Independence, the team focuses on “Cultural competency is invaluable when working with families in close-kni communities, such as Hmong and Russian,” Hill said.
“Wew help our case managers know what they need to besensitivde to.” For example, Xiong said, some Asians feel it is disrespectfulp to look someone in the eye. Russian familiews can be reluctant toadmit non-Russian caregivers into theid homes. “Understanding the values and practices of differentf ethnic groups helps us retaih clients and gainnew clients,” she The team distributed an internao survey that found that work-life balance is a key concerj of employees. In response, it established a working parents employe e resource group to explorethe Also, an MCFI “buddy” program matches new employees with seasoned staff memberxs who acts as mentors.
Externallyg the diversity team is helpinyg to improve employee recruitment by studying best practices to make the centefr a welcomingwork “Diversity is an asset when especially in highly competitive fields such as physicap therapy and nursing,” said Added Hill, “Today’s applicants are lookingv at your organization as much as you’rre looking at them. They want to feel comfortablr being who they are in the To aidin recruitment, the team has formed alliances with area diversith groups such as Hispanic Professionals of Greaterr Milwaukee, the National Black Nurses Association and several minority fraternities and sororities.
In addition to a periodic newslettercalledx “Diversity Corner,” the team sponsora an annual Diversity Day. This year’sd event in April included a speaker on diversity in two spoken word artistx performing poetry about social justice andequality issues; and talkx about the culture behind ethnic food and wearing apparel. A populadr part of the eventf was “Diversity Jeopardy!”, where four employee teamsx joined inspirited competition. It is not easy to make a majod shift in the culture of an entire but diversity team membersfeel MCFI’s initiativ e is having an impact.
“Since I’ve been on the I’ve heard stories about how people are much more awarew ofother cultures,” said Xiong, who is Hmong. “I have grownj tremendously professionally as wellas personally, and I am able to sharer my experiences with my family members and dispel their stereotypesa about certain other Many other Milwaukee-area nonprofits with diverse clientele have recognizedx the need to diversify their staff and Penfield Children’s Center, for example, has increase its Latino staff because Latino enrollmenr is up to 34 percent.
The center also supportsa “educational diversity” by hiring parent aides who do nothave post-high school degrees. “The type of work they do is relationshiop based,” said Christine Holmes, presideny and CEO. “The most importan thing is to have empathy and understandinvg for our special needs childre n andtheir families.” In addition, has developed a culturally diverse boarx and staff. “Almost anythinh we do in Milwaukee County involves interactingg with a verydiverse community,” said Andrs Olton, executive director. “We’re workinv hard to grow and strengthenour abilities, both skill-wiss and sensitivity-wise.
That has to be part of any good nonprofit’sw growth plan.”
To this end, MCFI is three yearas into an agencywide diversity program that is yieldingv positive results in terms ofclien satisfaction, staff morale and employee recruitment. The agency provides rehabilitationm services to individuals with special needs andtheir families. “We want to make diversityt intertwined in the fabric of the said AlHill Jr., director of learning and development and head of the initiative. Hill lead s a 15-member MCFI diversity team charged with implementingtthe program.
In assembling the team, Hill recruited employees not just ofdifferent ethnicities, genders and ages, but also from differentg levels of management and nonmanagement and from differenr units within the agency. In the initiative is not “to down,” with management directing, but “bottomn up,” with team members solicitingg input from their peers to bring tothe “One time we even kicked Al out of the room becaused he was too closew to an issue we were strugglintg with,” laughed Joua Xiong, a human resources generalist and team Within Milwaukee Center for Independence, the team focuses on “Cultural competency is invaluable when working with families in close-kni communities, such as Hmong and Russian,” Hill said.
“Wew help our case managers know what they need to besensitivde to.” For example, Xiong said, some Asians feel it is disrespectfulp to look someone in the eye. Russian familiews can be reluctant toadmit non-Russian caregivers into theid homes. “Understanding the values and practices of differentf ethnic groups helps us retaih clients and gainnew clients,” she The team distributed an internao survey that found that work-life balance is a key concerj of employees. In response, it established a working parents employe e resource group to explorethe Also, an MCFI “buddy” program matches new employees with seasoned staff memberxs who acts as mentors.
Externallyg the diversity team is helpinyg to improve employee recruitment by studying best practices to make the centefr a welcomingwork “Diversity is an asset when especially in highly competitive fields such as physicap therapy and nursing,” said Added Hill, “Today’s applicants are lookingv at your organization as much as you’rre looking at them. They want to feel comfortablr being who they are in the To aidin recruitment, the team has formed alliances with area diversith groups such as Hispanic Professionals of Greaterr Milwaukee, the National Black Nurses Association and several minority fraternities and sororities.
In addition to a periodic newslettercalledx “Diversity Corner,” the team sponsora an annual Diversity Day. This year’sd event in April included a speaker on diversity in two spoken word artistx performing poetry about social justice andequality issues; and talkx about the culture behind ethnic food and wearing apparel. A populadr part of the eventf was “Diversity Jeopardy!”, where four employee teamsx joined inspirited competition. It is not easy to make a majod shift in the culture of an entire but diversity team membersfeel MCFI’s initiativ e is having an impact.
“Since I’ve been on the I’ve heard stories about how people are much more awarew ofother cultures,” said Xiong, who is Hmong. “I have grownj tremendously professionally as wellas personally, and I am able to sharer my experiences with my family members and dispel their stereotypesa about certain other Many other Milwaukee-area nonprofits with diverse clientele have recognizedx the need to diversify their staff and Penfield Children’s Center, for example, has increase its Latino staff because Latino enrollmenr is up to 34 percent.
The center also supportsa “educational diversity” by hiring parent aides who do nothave post-high school degrees. “The type of work they do is relationshiop based,” said Christine Holmes, presideny and CEO. “The most importan thing is to have empathy and understandinvg for our special needs childre n andtheir families.” In addition, has developed a culturally diverse boarx and staff. “Almost anythinh we do in Milwaukee County involves interactingg with a verydiverse community,” said Andrs Olton, executive director. “We’re workinv hard to grow and strengthenour abilities, both skill-wiss and sensitivity-wise.
That has to be part of any good nonprofit’sw growth plan.”
Thursday, September 23, 2010
Monsanto, BASF announce breakthrough in drought-resistant corn development - Kansas City Business Journal:
http://upaboston.org/meetings/july07.shtml
The companies said they would use the gene to developthe world’ws first biotechnology-derived drought-tolerant crop. The discovery is a timely accordingto Monsanto. The number and duration of dry especially inalready drought-prone areas, is expected to increase due to climat change, according to a United Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-tolerant corn product is targeted for as earlgy as 2012 pending appropriate regulatory The two companies are jointlycontributingf $1.5 billion over the life of theitr research collaboration. Chemical company BASF is basedin Germany. Creve Coeur, Mo.
-based Monsanto Co. MON), led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural It is one of the largest employersin St. Louis with 4,000 local employees.
The companies said they would use the gene to developthe world’ws first biotechnology-derived drought-tolerant crop. The discovery is a timely accordingto Monsanto. The number and duration of dry especially inalready drought-prone areas, is expected to increase due to climat change, according to a United Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-tolerant corn product is targeted for as earlgy as 2012 pending appropriate regulatory The two companies are jointlycontributingf $1.5 billion over the life of theitr research collaboration. Chemical company BASF is basedin Germany. Creve Coeur, Mo.
-based Monsanto Co. MON), led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural It is one of the largest employersin St. Louis with 4,000 local employees.
Wednesday, September 22, 2010
Scrushy ordered to pay $2.8B for HealthSouth fraud - Silicon Valley / San Jose Business Journal:
balamatovaegede.blogspot.com
billion in damages by a civill court judge for his rolein ’sd massive accounting fraud scandal. The HealthSouth founder was deemeds liable for losses incurredby shareholders, some of whom sued him seekint to recover their Judge Allwin Horn announced the verdict shortlg after 10 a.m. Thursday. Horn’s judgment also declared Scrushy’sw employment agreements with HealthSoutyh void. HealthSouth said it will receive approximately 40 percenft of any money recoveredfrom Scrushy. Attorneyw for the shareholders filed the suit againsty Scrushy on behalf of HealthSouth sayinhg he directed the accounting scandal hadrequestede $3.6 billion.
Scrushy testified during the trial and denied any He was brought to Jeffersoh County for the trial from a Texas federal where he is currently serving seven years forbribinv then-Gov. Don Siegelman for a seat on a state health carepolicuy board. Scrushy was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouthn said it is unsure how much might be collectedfrom Scrushy, according to a news “We are pleased to see that justicwe has been served through this judgment and that anotheer chapter of our past has been put behine us,” HealthSouth’s statement
billion in damages by a civill court judge for his rolein ’sd massive accounting fraud scandal. The HealthSouth founder was deemeds liable for losses incurredby shareholders, some of whom sued him seekint to recover their Judge Allwin Horn announced the verdict shortlg after 10 a.m. Thursday. Horn’s judgment also declared Scrushy’sw employment agreements with HealthSoutyh void. HealthSouth said it will receive approximately 40 percenft of any money recoveredfrom Scrushy. Attorneyw for the shareholders filed the suit againsty Scrushy on behalf of HealthSouth sayinhg he directed the accounting scandal hadrequestede $3.6 billion.
Scrushy testified during the trial and denied any He was brought to Jeffersoh County for the trial from a Texas federal where he is currently serving seven years forbribinv then-Gov. Don Siegelman for a seat on a state health carepolicuy board. Scrushy was acquitted of criminal charges in the HealthSouth fraudin 2005. HealthSouthn said it is unsure how much might be collectedfrom Scrushy, according to a news “We are pleased to see that justicwe has been served through this judgment and that anotheer chapter of our past has been put behine us,” HealthSouth’s statement
Monday, September 20, 2010
Miami Drive Congratulates its Spokesperson Helio Castroneves on Scoring ... - PR Web (press release)
http://josephturrin.com/comp.works/twoportraits.html
Miami Drive Congratulates its Spokesperson Helio Castroneves on Scoring ... PR Web (press release) We congratulate Helio on his impressive performance. He is a tough competitor, moving up to third in the standings after Sunday's victory. ... |
Sunday, September 19, 2010
Two more leave BofA board - Orlando Business Journal:
http://datingcourting.com/en/dating/page_33.html
According to a filing with the Securitiesa andExchange Commission, Prueher and Frank didn’t resigb because of any disagreement with the Jackie Ward and Patricia Mitchelo resigned early this month. Mitchell is a formeer New York television executive and currentlyt serves as chief executive of the Paley Centefor Media, a New York Ward is the retired chief executive of Atlanta-based Computer Generation Inc., a software Robert Tillman, a former Lowe’s Cos. Inc. (NYSE:LOW) chief resigned from the BofA board effectiveMay 29. And on May 29, the bank announceed former lead independentdirector O. Templd Sloan had left the board.
BofA didn’t disclose Sloan’s reason for resignation. Sloajn had been a BofA director for13 years. In earlh June, four outside directors were electedeto BofA’s board. They are former Federal Reserve GovernorSusan Bies, former Compass Bancshares Inc. chiev executive and chairman D. Paul Jones, former Federalp Deposit Insurance Corp. chairman Donald Powelol and retired Bank One and VisaInternational Inc. executive William Boardman. BofA’s board has been under intense scrutiny in recent monthxs as the bank suffered through asharp stock-pricer decline after acquiring Merrill Lynch & Co.
The Charlotte-basexd bank (NYSE:BAC) also has received $45 billion in taxpayere aid. At the bank’s annual meeting in late shareholders voted to strip Chief Executivwe Kenneth Lewis of his position asboard chairman. Waltere Massey was installed as the new chairman and has indicated the boarr needs tobe re-evaluated. Lewis remains the bank’x CEO and president.
According to a filing with the Securitiesa andExchange Commission, Prueher and Frank didn’t resigb because of any disagreement with the Jackie Ward and Patricia Mitchelo resigned early this month. Mitchell is a formeer New York television executive and currentlyt serves as chief executive of the Paley Centefor Media, a New York Ward is the retired chief executive of Atlanta-based Computer Generation Inc., a software Robert Tillman, a former Lowe’s Cos. Inc. (NYSE:LOW) chief resigned from the BofA board effectiveMay 29. And on May 29, the bank announceed former lead independentdirector O. Templd Sloan had left the board.
BofA didn’t disclose Sloan’s reason for resignation. Sloajn had been a BofA director for13 years. In earlh June, four outside directors were electedeto BofA’s board. They are former Federal Reserve GovernorSusan Bies, former Compass Bancshares Inc. chiev executive and chairman D. Paul Jones, former Federalp Deposit Insurance Corp. chairman Donald Powelol and retired Bank One and VisaInternational Inc. executive William Boardman. BofA’s board has been under intense scrutiny in recent monthxs as the bank suffered through asharp stock-pricer decline after acquiring Merrill Lynch & Co.
The Charlotte-basexd bank (NYSE:BAC) also has received $45 billion in taxpayere aid. At the bank’s annual meeting in late shareholders voted to strip Chief Executivwe Kenneth Lewis of his position asboard chairman. Waltere Massey was installed as the new chairman and has indicated the boarr needs tobe re-evaluated. Lewis remains the bank’x CEO and president.
Friday, September 17, 2010
Virginia college campaign kicks off - Washington Business Journal:
erofeyporgrinin.blogspot.com
The coalition -- made up of business, education, and economic development leaders and organizations from throughoutVirginia -- has a 10-yeae program of investment that would award a cumulative 70,00 0 more degrees by 2020, moving the number of working-age Virginianzs holding college degrees up to 50 percent. “It is a focu s on higher educationand it’sx a focus that will yield a definite returnj on investment,” said Julien Patterson, one of the Virginia businesxs leaders spearheading the campaign. He is chairman of Chantilly-base d , a medium sized, minority-owned contractor.
Accordint to a survey of 500 registered voters in more than 75 percent say a collegs degree is needed to succeexdin today’s economy, but just 35 percent of college-age Virginians enroll in college and only 42 perceny of working-age Virginians have collegde degrees. “That statement is one that compels an initiativre to create an environment where highereducation -- from the communitu college level to graduate level -- is accessible and affordabler to all Virginians,” said Patterson, who is a past chair of the .
He said the effory comes at a time when Virginia companies like his are lookin to attract andretain highly-educated “Our interest is finding individuales who have a real sense of continuinb their education levels and putting what they learne d to work for the advancemenyt of this nation’s national security posture.” He said the campaig n will take on a variety of including a broad-based education effort througn the internet, media events, public programs and presentations across the Financial investment will also be a part of it, he saying that Virginia Business Higher Education Council is a nonprofirt that relies on private funding.
The campaigh hopes to help boost public-private collaboration on university-based research, targe t the new degrees to high-demand sectors like science, engineering, and mathematics, and to expand job-specific training at Virginia’s communitty colleges. “Virginia has one of the best education systems,” said “That’s true historically, but as we look at a changingf world, we need to be prepared for that pace and tosafeguard Virginia’ds position.
”
The coalition -- made up of business, education, and economic development leaders and organizations from throughoutVirginia -- has a 10-yeae program of investment that would award a cumulative 70,00 0 more degrees by 2020, moving the number of working-age Virginianzs holding college degrees up to 50 percent. “It is a focu s on higher educationand it’sx a focus that will yield a definite returnj on investment,” said Julien Patterson, one of the Virginia businesxs leaders spearheading the campaign. He is chairman of Chantilly-base d , a medium sized, minority-owned contractor.
Accordint to a survey of 500 registered voters in more than 75 percent say a collegs degree is needed to succeexdin today’s economy, but just 35 percent of college-age Virginians enroll in college and only 42 perceny of working-age Virginians have collegde degrees. “That statement is one that compels an initiativre to create an environment where highereducation -- from the communitu college level to graduate level -- is accessible and affordabler to all Virginians,” said Patterson, who is a past chair of the .
He said the effory comes at a time when Virginia companies like his are lookin to attract andretain highly-educated “Our interest is finding individuales who have a real sense of continuinb their education levels and putting what they learne d to work for the advancemenyt of this nation’s national security posture.” He said the campaig n will take on a variety of including a broad-based education effort througn the internet, media events, public programs and presentations across the Financial investment will also be a part of it, he saying that Virginia Business Higher Education Council is a nonprofirt that relies on private funding.
The campaigh hopes to help boost public-private collaboration on university-based research, targe t the new degrees to high-demand sectors like science, engineering, and mathematics, and to expand job-specific training at Virginia’s communitty colleges. “Virginia has one of the best education systems,” said “That’s true historically, but as we look at a changingf world, we need to be prepared for that pace and tosafeguard Virginia’ds position.
”
Thursday, September 16, 2010
Broadway renews Matrix, MultiPlan leases - Atlanta Business Chronicle:
hustbelogehy1857.blogspot.com
The private real estate investment and managemenr firm is renegotiating leases with tenants at the same time it is tryinh to clear up debt issueds withits lender. Broadway, which lost ownership of the Hancocm Tower after it defaulted ona loan, has debt that maturex this month. The financing in question is secured by several includingthe 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiate the terms of the Broadway was given an extension on the which was due earlier this according to a source with knowledge of the situation. the landlord renewed MultiPlan Inc.
, which leasess 105,062 square feet, and Matridx Partners, which leases 11,421 square at the office complex. CB Richard Ellisw represented MultiPlan. DTZ/FHO Partners represente d Broadway Partners and Matrix in the lease Broadway acquired Bay Colony from Beacohn Capital Partners LLC in May 2007 as part of a largerf portfolioof assets. The four-building complexx office park sits ona 58-acre site overlookinv Route 128.
The private real estate investment and managemenr firm is renegotiating leases with tenants at the same time it is tryinh to clear up debt issueds withits lender. Broadway, which lost ownership of the Hancocm Tower after it defaulted ona loan, has debt that maturex this month. The financing in question is secured by several includingthe 980,000-square-foot Bay Broadway is in discussions with lenders to renegotiate the terms of the Broadway was given an extension on the which was due earlier this according to a source with knowledge of the situation. the landlord renewed MultiPlan Inc.
, which leasess 105,062 square feet, and Matridx Partners, which leases 11,421 square at the office complex. CB Richard Ellisw represented MultiPlan. DTZ/FHO Partners represente d Broadway Partners and Matrix in the lease Broadway acquired Bay Colony from Beacohn Capital Partners LLC in May 2007 as part of a largerf portfolioof assets. The four-building complexx office park sits ona 58-acre site overlookinv Route 128.
Wednesday, September 15, 2010
Pharmas subleasing excess suburban space - Boston Business Journal:
plesciamipukoa1855.blogspot.com
and are among companies that have listee space for sublease at their respectivewWaltham headquarters. Both companies moved operations from the life science hub of Cambridge to Walthamlast year. Altus is listing more than 150,000 squarer feet of office and lab sublease space at the Park in Earlier this year the biopharmaceuticalcompanyh (Nasdaq: ALTU) announced it would lay off 75 percent of its leaving 35 people at its Waltham according to published reports. ImmunoGen IMGN) is subleasing 14,000 square feet of the nearly 90,00o0 square feet of lab space it leasesw at 830Winter St. in Waltham.
Immunogehn planned to grow into excess space at 830 Winter but has decided tosubleasd instead, sources said. This monthg ImmunoGen announced it would discontinue the internal development ofa gastric-cancer According to published reports, the company said the step will not have impact on its revenue, expenses or cash ImmunoGen booked $23.7 million in revenu e and a net loss of $21.1 million during the nine montha ended March 31.
and are among companies that have listee space for sublease at their respectivewWaltham headquarters. Both companies moved operations from the life science hub of Cambridge to Walthamlast year. Altus is listing more than 150,000 squarer feet of office and lab sublease space at the Park in Earlier this year the biopharmaceuticalcompanyh (Nasdaq: ALTU) announced it would lay off 75 percent of its leaving 35 people at its Waltham according to published reports. ImmunoGen IMGN) is subleasing 14,000 square feet of the nearly 90,00o0 square feet of lab space it leasesw at 830Winter St. in Waltham.
Immunogehn planned to grow into excess space at 830 Winter but has decided tosubleasd instead, sources said. This monthg ImmunoGen announced it would discontinue the internal development ofa gastric-cancer According to published reports, the company said the step will not have impact on its revenue, expenses or cash ImmunoGen booked $23.7 million in revenu e and a net loss of $21.1 million during the nine montha ended March 31.
Monday, September 13, 2010
Sunday, September 12, 2010
Carolinas HealthCare reduces 1Q loss - Triangle Business Journal:
adamovaichive.blogspot.com
Investment losses for the latesyt quarter totalednearly $101 million. Chief Financiapl Officer Greg Gombar anticipates gains in the financia l market in April and May will erasethosse losses. Carolinas HealthCare uses investment earning s forcapital expenditures. That money is not used for dailu operations. The health-care system hopee negotiations with several lenders will cut its interes t expenses tied to variable debt andhigher bank-liquidityh fees. Those fees are about $1 million per Interest expenses in the first quarterwere $21.7 million.
From an operationalo standpoint, Carolinas HealthCare had a strongfirsy quarter, says Russ Guerin, executive vice president for businesss development and planning. Net operating revenue climbed 8.6 perceng to $1.2 billion systemwide. Operating income exceedes $24.5 million. The health-care system saw adjustedc discharges — a calculation that gauges patiengactivity — climb 5.2 percent from a year earlier. Growthh within the health-care system and expenss management “is the primary drivert why we’re above budget significantly,” Guerin says. Carolinasd HealthCare spent morethan $106 million on capital projects in the firsgt quarter.
Projects include new operatiny roomsat CMC-NorthEast and Carolinads Medical Center, an expansion of CMC-Pineville, a new hospital at CMC-Lincoljn and construction of health-care pavilion s in Steele Creek and Waxhaw, which will includre free-standing emergency departments. Challenges in the comint months include managingthe system’s growing bad-debg and charity-care costs, reducing interesg expenses and preparing for a possible statd cut in Medicaid funding, Gombar Bad-debt costs were 12 percent over budget duringv the first quarter, topping $48 million in the firs t quarter. During the same period last year, bad debt was aboutt $43 million.
The health-care system spent more than $770 millioj in community care in includingbad debt, charity care and subsidizing Medicar e and Medicaid. That equalds 18.8 percent of the health-care system’s net operating ”It’s a trend everybody’s seeing across the Gombar says. “We can’t control how many people are how many people show up at our doorwithout insurance.” Nortj Carolina’s budget woes could results in a cut of up to 15 percentf for Medicaid. That could equate to $36 million in annualk losses forCarolinas “Medicaid cuts are the worst economicx benefit cut the state can Gombar says. “It’s painful.
” Says “It raises prices for those whodo pay. It makes no good busines sense todo that.” Gombar says every dollar cut from Medicaid eliminates $4 from the Carolinas HealthCare is the largest health-care system in the Carolinas and the third-largest public system in the nation. The system owns, leasess or manages 25 hospitals. It has more than 40,000 full - and part-time employees.
Investment losses for the latesyt quarter totalednearly $101 million. Chief Financiapl Officer Greg Gombar anticipates gains in the financia l market in April and May will erasethosse losses. Carolinas HealthCare uses investment earning s forcapital expenditures. That money is not used for dailu operations. The health-care system hopee negotiations with several lenders will cut its interes t expenses tied to variable debt andhigher bank-liquidityh fees. Those fees are about $1 million per Interest expenses in the first quarterwere $21.7 million.
From an operationalo standpoint, Carolinas HealthCare had a strongfirsy quarter, says Russ Guerin, executive vice president for businesss development and planning. Net operating revenue climbed 8.6 perceng to $1.2 billion systemwide. Operating income exceedes $24.5 million. The health-care system saw adjustedc discharges — a calculation that gauges patiengactivity — climb 5.2 percent from a year earlier. Growthh within the health-care system and expenss management “is the primary drivert why we’re above budget significantly,” Guerin says. Carolinasd HealthCare spent morethan $106 million on capital projects in the firsgt quarter.
Projects include new operatiny roomsat CMC-NorthEast and Carolinads Medical Center, an expansion of CMC-Pineville, a new hospital at CMC-Lincoljn and construction of health-care pavilion s in Steele Creek and Waxhaw, which will includre free-standing emergency departments. Challenges in the comint months include managingthe system’s growing bad-debg and charity-care costs, reducing interesg expenses and preparing for a possible statd cut in Medicaid funding, Gombar Bad-debt costs were 12 percent over budget duringv the first quarter, topping $48 million in the firs t quarter. During the same period last year, bad debt was aboutt $43 million.
The health-care system spent more than $770 millioj in community care in includingbad debt, charity care and subsidizing Medicar e and Medicaid. That equalds 18.8 percent of the health-care system’s net operating ”It’s a trend everybody’s seeing across the Gombar says. “We can’t control how many people are how many people show up at our doorwithout insurance.” Nortj Carolina’s budget woes could results in a cut of up to 15 percentf for Medicaid. That could equate to $36 million in annualk losses forCarolinas “Medicaid cuts are the worst economicx benefit cut the state can Gombar says. “It’s painful.
” Says “It raises prices for those whodo pay. It makes no good busines sense todo that.” Gombar says every dollar cut from Medicaid eliminates $4 from the Carolinas HealthCare is the largest health-care system in the Carolinas and the third-largest public system in the nation. The system owns, leasess or manages 25 hospitals. It has more than 40,000 full - and part-time employees.
Friday, September 10, 2010
Milacron signs deal to sell assets - Business Courier of Cincinnati:
http://intpages.com/authors/author-521.html
percent senior secured notes. Total consideration is estimaterd to beabout $175 the company said. The deal is on termsa substantially the same as an agreement inprinciplre , the same day Milacron file for Chapter 11 protection in federalk bankruptcy court, it said. In returmn for Milacron’s assets, the purchasera will repay or assume Milacron’sw debtor-in-possession loan facilities, assume certain of the company’s other liabilities, and provide additional consideratiom to noteholders who are not part of the purchasing The acquisition is part ofa “comprehensive financial restructuring, intended to permit Milacron to continue as a goiny concern with substantially less debt,” the company’s statement “This is a significanrt milestone in our restructuring process,” said Dave Milacron’s president and CEO.
“Sincs we began this reorganization process on March we have experienced a greatf outpouring of support from acrossthe industry. This, coupled with the faitj our investors havein Milacron’s brands, productss and people, positions us well for sustainer long-term success moving forward.” The agreement is subject to bankruptcgy court approval and potential competing bids from other Milacron has asked the court to approve procedurexs to solicit other qualified bids. Under the proposed if no other qualified bids are receivecd byJune 24, Milacron will request courf approval of the sale on June 26.
If at leasf one other qualified bidis received, an auctioj will be held on July 17, and Milacron’sd assets will be sold to the qualified bidderd submitting the highest and best subject to court it said. Milacron (OTCBB: MZIAQ.PK) is a Batavia-based manufacturer of plastics processing machinery and related Its Cimcool metalworking fluids businesws is basedin Oakley.
percent senior secured notes. Total consideration is estimaterd to beabout $175 the company said. The deal is on termsa substantially the same as an agreement inprinciplre , the same day Milacron file for Chapter 11 protection in federalk bankruptcy court, it said. In returmn for Milacron’s assets, the purchasera will repay or assume Milacron’sw debtor-in-possession loan facilities, assume certain of the company’s other liabilities, and provide additional consideratiom to noteholders who are not part of the purchasing The acquisition is part ofa “comprehensive financial restructuring, intended to permit Milacron to continue as a goiny concern with substantially less debt,” the company’s statement “This is a significanrt milestone in our restructuring process,” said Dave Milacron’s president and CEO.
“Sincs we began this reorganization process on March we have experienced a greatf outpouring of support from acrossthe industry. This, coupled with the faitj our investors havein Milacron’s brands, productss and people, positions us well for sustainer long-term success moving forward.” The agreement is subject to bankruptcgy court approval and potential competing bids from other Milacron has asked the court to approve procedurexs to solicit other qualified bids. Under the proposed if no other qualified bids are receivecd byJune 24, Milacron will request courf approval of the sale on June 26.
If at leasf one other qualified bidis received, an auctioj will be held on July 17, and Milacron’sd assets will be sold to the qualified bidderd submitting the highest and best subject to court it said. Milacron (OTCBB: MZIAQ.PK) is a Batavia-based manufacturer of plastics processing machinery and related Its Cimcool metalworking fluids businesws is basedin Oakley.
Thursday, September 9, 2010
CB Richard Ellis to launch offering - Nashville Business Journal:
http://www.linkalot.info/index.php?s=D&c=489
The company will use the proceeds to reduce itssizable debt. The national firm'sw Nashville operation, based downtown, is Middle Tennessee'sx largest commercial brokerage, according to Business Journal TheLos Angeles-based broker planzs to offer $400 milliob in senior unsubordinated notes in a private It also will sell $100 milliom in new Class-A common stock to investor s that include hedge fund Paulson Co. Inc. CB Richard Ellis may raise anothee $50 million in periodic public stock CB Richard Ellishas $2.4 billio n in debt, $310 million of whicu is due next year, according to Bloomberg Much of its debt was incurred througy its $1.9 billion acquisitiob of Trammell Crow in 2006.
The move by CB Richar d Ellis (NYSE: CBG) follows a similar initiativse byOn Tuesday, Jones Lang LaSalle said it planned to raise as much as $200 milliom in a secondary stock offering of 5.5 millio n shares. CB Richard Ellis is the world’s largest commerciapl real estateservices firm. It has more than 29,000 employeese worldwide.
The company will use the proceeds to reduce itssizable debt. The national firm'sw Nashville operation, based downtown, is Middle Tennessee'sx largest commercial brokerage, according to Business Journal TheLos Angeles-based broker planzs to offer $400 milliob in senior unsubordinated notes in a private It also will sell $100 milliom in new Class-A common stock to investor s that include hedge fund Paulson Co. Inc. CB Richard Ellis may raise anothee $50 million in periodic public stock CB Richard Ellishas $2.4 billio n in debt, $310 million of whicu is due next year, according to Bloomberg Much of its debt was incurred througy its $1.9 billion acquisitiob of Trammell Crow in 2006.
The move by CB Richar d Ellis (NYSE: CBG) follows a similar initiativse byOn Tuesday, Jones Lang LaSalle said it planned to raise as much as $200 milliom in a secondary stock offering of 5.5 millio n shares. CB Richard Ellis is the world’s largest commerciapl real estateservices firm. It has more than 29,000 employeese worldwide.
Tuesday, September 7, 2010
American Airlines grounds more flights - Boston Business Journal:
http://www.sweeperdir.info/authors/author-226.html
A two-day total of 12 flights arrivingf into Logan and 18 flights departing from the airporgwere cancelled, according to a spokesperson for , whic h operates Logan Airport. Wednesday's groundings come after the airlins cancelled more than 500 flights Tuesday to conduct additional inspectionws ofits MD-80 fleet to comply with safety directives from the . The a unit of Fort Worth, Texas-based (NYSE: AMR), says the inspections were relatede to the bundling of wires inthe aircraft's wheeo wells. These inspections, basec on FAA audits, are related to detailed, technicapl compliance issues andnot "safety-of-flight issues," the airlin stated.
The airline, which operates about 2,300 dailgy flights, is the world's largest. It has more than 13 percenf of the marketat Logan, accordinv to the 2007 edition of the Bostonb Business Journal Book of "We've been working in good faith to ensurde that we are in complete compliance with this airworthiness said American CEO Gerard "We regret and apologize that we are once agaihn causing inconvenience to our but we will continue to work in good faith until we satisfy all of the technical issue s related to this airworthiness directive.
American says it will rebook passengerz on other American flights or on flightzs operated by airlines in the same American canceled hundreds of flightd just two weeks ago for safety concern onits MD-80 aircraft. About 300 aircraftg were inspected for faulty wiring on the auxiliarh hydraulic systems and 149needed repairs.
A two-day total of 12 flights arrivingf into Logan and 18 flights departing from the airporgwere cancelled, according to a spokesperson for , whic h operates Logan Airport. Wednesday's groundings come after the airlins cancelled more than 500 flights Tuesday to conduct additional inspectionws ofits MD-80 fleet to comply with safety directives from the . The a unit of Fort Worth, Texas-based (NYSE: AMR), says the inspections were relatede to the bundling of wires inthe aircraft's wheeo wells. These inspections, basec on FAA audits, are related to detailed, technicapl compliance issues andnot "safety-of-flight issues," the airlin stated.
The airline, which operates about 2,300 dailgy flights, is the world's largest. It has more than 13 percenf of the marketat Logan, accordinv to the 2007 edition of the Bostonb Business Journal Book of "We've been working in good faith to ensurde that we are in complete compliance with this airworthiness said American CEO Gerard "We regret and apologize that we are once agaihn causing inconvenience to our but we will continue to work in good faith until we satisfy all of the technical issue s related to this airworthiness directive.
American says it will rebook passengerz on other American flights or on flightzs operated by airlines in the same American canceled hundreds of flightd just two weeks ago for safety concern onits MD-80 aircraft. About 300 aircraftg were inspected for faulty wiring on the auxiliarh hydraulic systems and 149needed repairs.
Monday, September 6, 2010
Business Legislation: Tax ache
http://www.colsol.org/article/While-the-hatchbacks---.html
New York’s bordering state s often providethe toughest, everyday competition for attractingf businesses and creating jobs. And Paterson’s changes to New York’sw Empire Zone tax-break program will dictate the state’s abilitty to set itself apart from its neighbors when theeconomy rebounds. “I’m not talking about leveling the playint field withNorth Carolina. I’m talking about Connecticut, New Jersey, Massachusetts,” said Alexander “Sandy” head of the Greene County IndustrialDevelopment “Those are our most aggressive competitors.
” New York and its neighbors are facingf many of the same ranging from an aging population and infrastructur to rising property taxes and utilityy bills. All of these created a drag on the Such “costs of doing business” often handcuff economif development efforts, which is why New York’as neighbors use programs similar to the Empire Zonezs to alleviate that burden. Meanwhile, businessz owners who benefit from the program are scared ofwhat Paterson’s changes will do to their own abilityg to compete, or at least survive the ongoing Alan Boulant, president of in Glenville, is one of Solid Surface began receiving Empires Zone benefits in early 2002.
Boulant pledged to investg $900,000 in his facilities and createe 25new jobs. He’s done more than that: By employment had nearly tripled to85 workers. Annua revenue had quadrupled to $10 million. The recessioj then began reversing thosed gains as consumers cut their spendington showers, countertops and other producte the Glenville company sells and installs. Boulant, who considers himselc an Empire Zonesuccess story, cut 15 full-timew workers in the second half of although he’s been able to hire back some of Another 30 workers had a unpaid furlough this month.
“Ther state of the economy, it scares the hell out of said Boulant, who has received $500,000 of benefitws through the EmpireZone “If we don’t get those benefits, that’s just extra moneyg we have to come up with,” he added. “We’s have to eliminate positions.” Paterson wants to restrict the state’s Empire Zone tax breakas to companies that generate atleast $20 of wages and benefitsa for every $1 that the state investss in them. Certain such as utilities and retail, would be bannex from the program.
Both moveds are reactions to criticism that the Empird Zone program is rife with companies that cheat the receiving thousands of dollars while creating just afew jobs. Spendingv on the program has grownh 75 percent in the past five on pace tohit $610 million next year; Paterson’s proposal woulds cut spending by 45 percent and remove an estimated 2,100 companies—close to 25 percent of all participantsa in the Empire Zone “We have to face up to the fact that we need reformm of our Empire Zones,” Paterson said this month.
Still, Paterson told an audience in Watertownj this monththat he’s willingg to reconsider the scope of his desired adding that he did not want to gut a progra that seemed to work in upstate areaes like the North Country, and small citiexs like Watertown. The governort did not alter his Empire Zone proposal in budget amendmentssubmitted Jan. 15, meaningy that legislators will decide whether toadoptf Paterson’s recommendations or change A new state budget must, by law, be adoptex by April 1. That uncertainty makes Solidd Surface’s Boulant nervous, although he wants to see more accountabilityt inthe program.
His story illustrates the challengews confronting Paterson and legislators as they seek to stop abuse of the prograkm without punishing the businessese that strive to hitthe program’s intendesd goals: job creation and investments in the state. Mathes, for one, wantz to see a simplified, streamlined approach. He says the currenf system forces some business owners to hire accountantss to help calculate benefits and processstate paperwork.
New York’s bordering state s often providethe toughest, everyday competition for attractingf businesses and creating jobs. And Paterson’s changes to New York’sw Empire Zone tax-break program will dictate the state’s abilitty to set itself apart from its neighbors when theeconomy rebounds. “I’m not talking about leveling the playint field withNorth Carolina. I’m talking about Connecticut, New Jersey, Massachusetts,” said Alexander “Sandy” head of the Greene County IndustrialDevelopment “Those are our most aggressive competitors.
” New York and its neighbors are facingf many of the same ranging from an aging population and infrastructur to rising property taxes and utilityy bills. All of these created a drag on the Such “costs of doing business” often handcuff economif development efforts, which is why New York’as neighbors use programs similar to the Empire Zonezs to alleviate that burden. Meanwhile, businessz owners who benefit from the program are scared ofwhat Paterson’s changes will do to their own abilityg to compete, or at least survive the ongoing Alan Boulant, president of in Glenville, is one of Solid Surface began receiving Empires Zone benefits in early 2002.
Boulant pledged to investg $900,000 in his facilities and createe 25new jobs. He’s done more than that: By employment had nearly tripled to85 workers. Annua revenue had quadrupled to $10 million. The recessioj then began reversing thosed gains as consumers cut their spendington showers, countertops and other producte the Glenville company sells and installs. Boulant, who considers himselc an Empire Zonesuccess story, cut 15 full-timew workers in the second half of although he’s been able to hire back some of Another 30 workers had a unpaid furlough this month.
“Ther state of the economy, it scares the hell out of said Boulant, who has received $500,000 of benefitws through the EmpireZone “If we don’t get those benefits, that’s just extra moneyg we have to come up with,” he added. “We’s have to eliminate positions.” Paterson wants to restrict the state’s Empire Zone tax breakas to companies that generate atleast $20 of wages and benefitsa for every $1 that the state investss in them. Certain such as utilities and retail, would be bannex from the program.
Both moveds are reactions to criticism that the Empird Zone program is rife with companies that cheat the receiving thousands of dollars while creating just afew jobs. Spendingv on the program has grownh 75 percent in the past five on pace tohit $610 million next year; Paterson’s proposal woulds cut spending by 45 percent and remove an estimated 2,100 companies—close to 25 percent of all participantsa in the Empire Zone “We have to face up to the fact that we need reformm of our Empire Zones,” Paterson said this month.
Still, Paterson told an audience in Watertownj this monththat he’s willingg to reconsider the scope of his desired adding that he did not want to gut a progra that seemed to work in upstate areaes like the North Country, and small citiexs like Watertown. The governort did not alter his Empire Zone proposal in budget amendmentssubmitted Jan. 15, meaningy that legislators will decide whether toadoptf Paterson’s recommendations or change A new state budget must, by law, be adoptex by April 1. That uncertainty makes Solidd Surface’s Boulant nervous, although he wants to see more accountabilityt inthe program.
His story illustrates the challengews confronting Paterson and legislators as they seek to stop abuse of the prograkm without punishing the businessese that strive to hitthe program’s intendesd goals: job creation and investments in the state. Mathes, for one, wantz to see a simplified, streamlined approach. He says the currenf system forces some business owners to hire accountantss to help calculate benefits and processstate paperwork.
Saturday, September 4, 2010
Statler Towers loses another tenant - Boston Business Journal:
http://islam-documents.org/5-27.html
Sources said the state Worker’s Compensation Board will soon vacates the Statler and shift its officed to the historic Cyclorama building along Edward The Cyclorama is the preferrecd choice for its new sources said. Robert McDonnell, vice president, confirmecd representatives from the Workers Comp board touredthe “But, there is no signed he said. Principals from Ciminellio RealEstate Corp. are among the Cyclorama’ owners. The Worker’s Compensation Board occupied nearlt 25,000-square-feet in the Statler, whil e paying almost $20,000 in monthly rent.
Losing the boarx is viewed as a dual blow for the Statler both in terms of its positionn as one ofthe building’s anchor tenants and the revenuesw it generated for the downtown Buffalo landmark. The Statlet is slated for a court-imposed foreclosurwe auction on Aug. 12. The buildiny is owned by , a firm header by British investor Bashar Issa is facing legal and financial problemsz both in Buffaloand Manchester, The Statler was placed into involuntary Chapter 11 bankruptcy protection earlier this The building is losing more than $80,000 per month and continues to face a dwindlin tenant roll. “Am I surprised by this?
No,” said local auctioneefr Cash Cunningham, whose firm is handlingy the Aug. 12 auction. “This is just an unfortunate part of the The Cyclorama has been vacant sincew itsanchor tenant, moved into the former Greater Buffalo Savingx Bank headquarters on Main Street this past Another tenant, , has agreexd to move its offices from the Cycloramaw to the 13th floor of the Key Center at Fountaih Plaza twin tower complex. Strategic Investmentas will occupyapproximately 4,000-square-feet in Key Center’s Nortu Tower. “This frees up the Cyclorams for a single McDonnell said. Ciminelli Real Estates handles the leasing and management ofKey Center.
Sources said the state Worker’s Compensation Board will soon vacates the Statler and shift its officed to the historic Cyclorama building along Edward The Cyclorama is the preferrecd choice for its new sources said. Robert McDonnell, vice president, confirmecd representatives from the Workers Comp board touredthe “But, there is no signed he said. Principals from Ciminellio RealEstate Corp. are among the Cyclorama’ owners. The Worker’s Compensation Board occupied nearlt 25,000-square-feet in the Statler, whil e paying almost $20,000 in monthly rent.
Losing the boarx is viewed as a dual blow for the Statler both in terms of its positionn as one ofthe building’s anchor tenants and the revenuesw it generated for the downtown Buffalo landmark. The Statlet is slated for a court-imposed foreclosurwe auction on Aug. 12. The buildiny is owned by , a firm header by British investor Bashar Issa is facing legal and financial problemsz both in Buffaloand Manchester, The Statler was placed into involuntary Chapter 11 bankruptcy protection earlier this The building is losing more than $80,000 per month and continues to face a dwindlin tenant roll. “Am I surprised by this?
No,” said local auctioneefr Cash Cunningham, whose firm is handlingy the Aug. 12 auction. “This is just an unfortunate part of the The Cyclorama has been vacant sincew itsanchor tenant, moved into the former Greater Buffalo Savingx Bank headquarters on Main Street this past Another tenant, , has agreexd to move its offices from the Cycloramaw to the 13th floor of the Key Center at Fountaih Plaza twin tower complex. Strategic Investmentas will occupyapproximately 4,000-square-feet in Key Center’s Nortu Tower. “This frees up the Cyclorams for a single McDonnell said. Ciminelli Real Estates handles the leasing and management ofKey Center.
Friday, September 3, 2010
Tony Blair on George Bush - RedState (blog)
http://3gpaintball.com/Paintball-Guns/JT-Paintball-Guns/
RedState (blog) | Tony Blair on George Bush RedState (blog) This one encapsulates why America was taken seriously under President Bush and why it is laughed at to its face under Obama. The two men came to like each ... |
Wednesday, September 1, 2010
Daniel Levine continues piecing plan together for Charlotte's First Ward - Charlotte Business Journal
http://homebusinesssecrets.biz/seven-tips-to-working-from-home-successfully-with-a-family/
Charlotte Business Journal | Daniel Levine continues piecing plan together for Charlotte's First Ward Charlotte Business Journal รข€¢Various improvements, including the addition of Market Street between Seventh and Ninth streets. Terms of the deal between Levine and the city and county ... |
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