The Federal Trust Fund Recovery Penalty Forbes Payroll taxes are the bane of small, start-up businesses. Restaurants commonly have problems with them. The taxes are computed and withheld from employees' wages. But the taxing authorities are not standing at the door demanding their money. So, the ... |
Sunday, December 30, 2012
The Federal Trust Fund Recovery Penalty - Forbes
Friday, December 28, 2012
A Five-Star Panel: Judges Announced for Stella Artois Short Film Project
The judging panel includes actors , , actresss . Each judge will review and rank the ten shortt films selected as finalistsby Triggerstreet.com members. "Whejn you see this level of award-winning taleng volunteering their time to select the winner of the Stellsa Artois ShortFilm Project, it sendsw a clear message about the importance of supportingf the arts and independent film makers," said , product Stella Artois. "Through the Stella Artois Shor tFilm Project, the sacrifices theses filmmakers have made to brinbg their visions to life are being recognized." Filmmakerw have until June 15 to submit their short film projects to TriggerStreet.com to be considered for the $50,00p0 grand prize.
To be eligible, participants must be 21 yeares of age or older and the filmsa must display the themesof "sacrifice" or "perfection" in less than 10 A complete list of rules is available on "The judges serving on this panel have volunteered because we want to fostert an environment where independent filmmakers have everyg opportunity to find success," said , Academyh Award winning actor and TriggerStreet.comk co-founder. "Everyone reviewing the finalists understands how hard it is to find a break in the entertainment industry and by giving our time to the Stells Artois ShortFilm Project, we can help one filmmakefr take the next step in his or her career.
" -- Kevi Spacey - An director, screenwriter and producer, Spacey won his first Academy Award for The Usuap Suspects (Best Supporting Actor), followee by a Academy Award for Best Actot in 1999 for his role in American -- James Blunt - A former Britishn Army officer, singer/songwriter, James Blunt'zs debut album, Back to Bedlam, and its hit "You're Beautiful," hit number one in over a dozej countries, and sold over 10 milliojn copies worldwide. -- Sacha Baron Cohen - A Britisb comedian, Cohen is well-knowbn for his highly successfukl comedy characters Ali Gand Borat.
Cohen co-starred in "Talladegw Nights: The Ballad of Ricky Bobby " and received a 2006 Golde Globe Award for Best Performance by an Actofr in a Motion Picturefor "Borat." -- Judi Dench - Widely recognized as one of Great Britain's greatesft modern actresses, Dame Judi Dench is one of the most frequentlhy nominated actresses in Academy Award history, earning a "Best Supportinf Actress Oscar for her portrayal of Queen Elizabethb I in "Shakespeare in Love" (1998). -- Laurencer Fishburne - An Emmy Award-winning, Tony Award-winninbg and Academy Award-nominated actor of screemn and stage, Fishburne also is a playwright, and producer.
He is perhaps best known for his role as Morpheus in the Matrix science fictionfilm trilogy, and for his portrayal of singer-musicianh Ike Turner in the Tina Turner biopic What's Love Got to Do With It. TriggerStreet.conm was founded in 2002 by two time Academy Award winner as an interactive mechanismk to discover and showcase emerging filmmaking andwritinf talent. With the legal--and attendant procedural--restrictions on outsiders in Spacey and Brunetti sought todemocratize exposure, providinh an avenue of communication between Hollywoodr and emerging talent everywhere, thereby workingt to overcome the barriers they so often encounter.
Respondingy to the enthusiasm and high quality of work produced by its burgeoningfilm TriggerStreet.com evolved as a social networking utilith to provide an evolviny platform for emerging artists in differengt media: the strength of the peer-based review system and the positive impact of the resultant constructive criticism catalyzed the additio of several new specialized communities. Beyondx its Short Film and Screenplay TriggerStreet.
com now provides opportunity for feedback and exposure forShorty Stories, Books, Plays, and - most recently - Stella Artois traces its origin back to 1366 to a breweryg called Den Hoorn, located in a town just outside of In 1717, master brewe Sebastian Artois purchased the brewery and renamed it to his The Artois Brewery created a specialp brew to celebrate Christma and named it Stella (Latin for star) for its exceptiona l clarity. Today, Stella Artois is the gold standard for Belgian lageres with its distinctive flavord and spicyhop character. SOURCE Stella Triggerstreet.
com
Thursday, December 27, 2012
Silver Spring rolls out red carpet for SilverDocs - Washington Business Journal:
The eight-day festival begins with a sold-ouyt screening of “More Than a the story of five younf basketballplayers — including NBA star LeBronj James — from Akron, Ohio, and their initially inexperienced James, filmmaker Kristopher Belman and a number of playerse and school officials plan to attend the screenintg The film subjects will take part in a post-screening discussiojn moderated by ’s Michele Norris. The festival closesz on a note closeto Washington’ss heart. On Saturday, the festivalp will host the worlds premierof HBO’s “Ther Nine Lives of Marion Barry.
” Scheduledd to take part in that post-screeningg discussion are the directors, NBC4’s Jim Vance and Tom Civil Rights activist Lawrence Guyot, political analystr Jonetta Rose Barras and Barry himself. All told, this year’xs festival will feature 122 films selected outof 1,983 submissions ranging from 58 different countries.
Wednesday, December 26, 2012
Sun American Bancorp seeks loan waiver after default - Birmingham Business Journal:
million loan. On June 15, the notified Sun Americahn (NASDAQ: SAMB) that it was in defaul t on a loanfrom Atlanta-based Silverton Bank, which was closed in May and placed into receivership. The defaulrt gives the FDIC the right to demand immediate repayment and chargew an 18 percent defaulyinterest rate. Sun American Chairman, President and CEO Michaelo E. Golden said he believes the FDIC is likely to work with the bank and give it more time to repaythe loan, which was set to mature on Jan. 16, 2010. The FDIC shouldc be lenient with the banks that had loanes with Silverton because the FDIC ultimately is responsible forthos institutions, Golden said.
An FDIC spokesperson didn’gt immediately return a call seeking comment. While Sun American is current on interesy payments underthe loan, it violated one of the loan provisionds because its ratio of non-performing asset s exceeded 10 percent of its total assets. The bank had 11.26 percengt of its assets as non-performing either noncurrent loans or repossesserproperty – as of Apri l 30, according to a SEC That’s up from an 8.24 percent non-performing asset ratiio as of March 31, accordint to FDIC data. The company’s sole , was the third-largest Palm Beach County-baseed bank with $601 million in assets.
Golden said his first priorit is to raise money for Sun American to repayt the FDIC loan and recapitalize the bank. He has been workintg with an investment bank and talking to contacts on Wall including privateequity firms. “They are all lookingf and they want to find a bank that has a real Golden said. “We have a real bank here with 13 good branchesd in good areas and a real operations center with 16,000 square feet. The question is, ‘How much are the bad That’s very hard to Golden said the slumping commercial real estate market in Florida has made it difficult to forecastthe future, but he doubtsz things will improve this year.
However, the long-term outlook for Florida is good for he added. Shares of Sun Americah were unchanged at 44 cent searly Monday. The 52-week high was $3.0 on July 2, 2008. The 52-weeki low was 12 cents on Marcy 3.
Monday, December 24, 2012
Saturday, December 22, 2012
Gun lobby has squelched injury prevention research, doctors charge - Los Angeles Times
89.3 KPCC | Gun lobby has squelched injury prevention research, doctors charge Los Angeles Times One week after 20-year-old Adam Lanza used guns to kill 20 first-graders and seven adults before shooting himself, two physicians published a Viewpoint article in the Journal of the American Medical Assn. asking what the medical and public health ... Gun safety addressed by editorials in three JAMA journals Let Us Now Bury Our Heads in the Sand Pubic health experts say it's time to resume federal research into gun violence |
Friday, December 21, 2012
ICE Deal for NYSE Creates Global Powerhouse - New York Times
ICE Deal for NYSE Creates Global Powerhouse New York Times Competitors did not have to finance their own regulatory apparatus, and the Big Board decided to follow, merging N.Y.S.E. Regulation into Nasdaq's operation to create Finra, the Financial Industry Regulatory Authority. The Big Board became less ... |
Wednesday, December 19, 2012
Lomax wins bid for stimulus-funded fire station at PTI - Minneapolis / St. Paul Business Journal:
Lomax submitted the winning bidof $4 among a total of six bids from local contractors for the according to airport officials. “I t came in just about on target,” said PTI Assistantr Director Kevin Baker of the amount of thewinninb bid. While a number of bids for stimulus-fundede contracts have been coming in lowerthan “our architect’s estimate had included some provisions for the stat e of the market. But this (fire station) might well have cost $5 millionh a year ago.” The 20,000-square-foot statiohn will have four truck bays and take somewher between 12 and 14 months to get readyto occupy, Baketr said. It was designed by of Greensboro.
Construction costsw will be fully reimbursed through the Americajn Recovery andReinvestment Act, as will aboutt $850,000 worth of new firefightintg equipment. The new station will be more than twice the size of theexisting facility, Baker said. The old station could be used as asatellitse facility, but there are no firm planw yet. The contract win is a welcome onefor Lomax, whicgh like other Triad builders has been contending with a dramatix slowdown in commercial construction.
CEO John Lomax said he had all his subcontractorx for the project lined up with thei r own bids in hand before submitting his proposak to theairport authority, knowing he’d be up againsgt others also eager for the work. “W e knew we had to be competitive and that the climatwe is verycompetitive price-wise right now,” he said. “Top be honest, we didn’t give ourselves a very high chance of winning this one just because right now everythint isso competitive.” Lomax said his firm has been doingg more work in the higher educatiom and hospital sectors recently since that’s where most of the opportunitied are.
He’s been working on one project in the Tria d of similar scale to thefire station, a library additiojn in High Point, but that job will be completeds soon. Lomax Construction hasn’t had any layoffs and wouldn’ty have had any even without the firestatiojn job, he said. But that doesn’t mean the availabilityg of stimulusfunding doesn’t “Not to minimize the impact for us, but I thinjk it’s most important for the subs and the who don’t have the resources to weatherr long periods without work, he said.
Lomasx said he expects to be able to beatthe airport’s timelinew for construction on the fire station and hopes to have it done in nine he said.
Tuesday, December 18, 2012
Done deals - Dallas Business Journal:
• Experian leased 292,7009 square feet at Enterprise Business Park in Larry Toon and Bo Bond with Jonesx Lang LaSalle represented Experian inthe transaction; Jamesa Dudley represented the landlord, Lexington Corporatw Properties Trust. • Caris Diagnostics inked a 172,232-quare-foo lease for a new headquarters and lab at Sierrs atLas Colinas, Building I, in Scott Collier, Steve Thelen and Doug Carignanm with Jones Lang LaSalle representeed Caris; Paul Sharp negotiated for the landlord, iStar Financial Inc. Corphealth Inc.
leased 146,822 square feet at Opus Corporate Rebecca Smith and Ryan Collier of Stream Realty Partnerzs represented the landlord inthe • EnCana Oil & Gas U.S.A. Inc. has expanded its leasre by 7,508 square feet at Stanford Corporate totaling 128,312 square feet of office Tim O. Terrell, Heather Densmore Shover, and Sarahj Payne of Stream Realty Partners LP represented Stanforcd Corporate Centre in lease negotiations on behalrf of Regis Property Management and TranscontinentalRealty Investors. Greg Bigge and Craig Wilson ofCushman & Wakefieldd represented the tenant.
• Brad Selne r and Jeff Ellerman of The Staubacn Group acted on behalf of Archon Group forits 82,686-square-foog lease at 6031 Connection Drive in Blaine Annette, Colby Annett e and Rebecca Smith of Stream Realt y Group negotiated on behalrf of the landlord. • Jon McNeil and Matt Crafy with Jones Lang LaSalle representedd RESQDebt ina 82,223-square-foot lease at Cornerstone Crossing Corporate Office Park Phaseas I & II in Allen. Jeff Whit e and Mike McCartan with Mark V Commerciapl represented landlordCornerstone Development. • Semperian leased 62,022 square feet of spacee at 2270 Lakesidein Richardson.
Tim Terrelkl of Stream Realty Group representedthe • Americorp dba Altair Global Relocation leased 60,084 square feet of office space at 7500 Dallas Parkwayh in Dallas from Nodeble Associates LLC. Davie Reed of CB Richard Ellis negotiated the leasse on behalf ofthe landlord. • AT&TT leased 59,736 square feet of space at 2270 Lakesidein Richardson. Tim Terrel of Stream Realty Group representedsthe landlord. • Blake Kendrick and Bob Hagewoord of Stream Realty Group negotiateda 59,017 square foot leas with Tuesday Morning at 4252 Simonton Road in Farmer s Branch. • Associated Air Center leasexd 56,525 square feet of space at 1421 W. Mockingbirdf Lane in Dallas.
David Duwe and Jason Moser of Stream Realty Group negotiated the deal on behaldf ofthe landlord. • Comstock Resources expanded its leasrby 7,994 square feet at Comstoco Tower in Frisco, now totaling 51,376 square feet of office spacre occupied by Comstock. David Cooke and Heathed Densmore Shover of Stream Realty Partners LP representedthe owner, Stonebria r Office Partners, Ltd. • Maverick Stainlessd Steel leased 43,296 square feet at 4525 Production, with Jaso Moser and David Duwe of Streak Realty Group negotiating on behalf ofthe • Jason Moser and David Duwe of Stream Realt Group acted on behalf of the landlor d to negotiate the 43,296-square-foot lease at 4016 Harry Hinex by Metro Fabric Restoration.
• FiServ leased 42,426 in Granite Towert in a deal brokered by Steve Thelen of TheStaubach Co. and Trey Smith and Robert Powell of CAPSTAR Commercial RealEstate Services, who represented the • Leprechaun LLC leased 39,126 square feet at Two City Placse in Fort Worth. Chris Wright and Tim Terrellk of Stream Realty Group negotiated the deal on behalf ofthe • American Medical Response leaser 39,100 square feet at Commerciapl Park in Arlington in a deal brokereed by George Curry with landlord Weingarten Realty • Vertex Outsourcing LLC leased 37,346 squarr feet at Richardson Commons.
Susan Arledgs of Arledge Partners Real Estate Grouprepresented Vertex, and Rodney Helm and Johnny Johnsojn of CAPSTAR Commercial Real Estate Services represented the • Washington Mutual Bank leased 33,646 squarr feet of space at Mockingbird/Cedaer Springs. Jason Moser and Davied Duwe of Stream Realt Group represented the landlord inthe • Responsive Education Solutions signed a deal to leasd 33,083 square feet from Corporate tech Center in Lewisville. Tim Terrelol of Stream Realty Group representedf the landlord inthe • Josh White and Bo Bond brokeref the 31,402 lease of the Blair Road Building by Southwest Transplant Alliance.
• Navarro County, or North TX HIDTA, signed a lease for 31,74u square feet of space from Freeport Tech The landlord was represented by Blake Kendrickj of StreamRealty Group. Merrill Lynch, Pierce & Smith Inc. leased 30,131 square feet of office space at5910 N. Central Expressway in Dallaz from Premier Place of Dennis Barnes and Clay Gilber t of CB Richard Ellis represented the landlord during the while the tenant was represented by Steve McCoy with TranswesternCommercial Services.
Friday, December 14, 2012
Fly Clear fast lane at Albany Int
was among the 20 airports nationwide that offeredd theexpedited system. An airport spokeswoman said the airporty was not notified in advanc and the Clear Lane was In 2008, it reported having more than 10,000 users pass through the lanes sincer the express service was first offeredd there in summer 2007. “Clear Lanes Are No Longefr Available. At 11:00 p.m. PST on June 22, 2009, Cleat will cease operations. Clear’sd parent company, has been unable to negotiatee an agreement with its senior creditor tocontinue operations.” Thers was no information abougt whether enrollees would get refunds. The service cost $199 a Customers were mostly busineses travelers andfrequent fliers.
The program started at in 2005. Clear enrollee were pre-screened by the , and, if were provided with a card that gave them acces to a specialsecuritgy lane. Clear was operated by Verified Identity Pass of New York As ofJune 4, Clear claimedr to have enrolled more than 260,000 fliers.
Thursday, December 13, 2012
Sierra College program gets $1M endowment - Boston Business Journal:
The college’s program, also known as OLLI, received the $1 million endowment from the Bernard Osher which is the organizationb that has provided initiao funding to OLLI programs at 122 colleges and universities Sierra College is the only communit y college in California and one of only threde community colleges in the nation to receivethe $1 million The Rocklin college received the endowmentf because it has been so successful with growingh enrollment since launching the progra in spring of 2001. Sierra College has grown the programto 5,58p enrollees last year, from 1,038 in 2001. Sierrw College is scheduled to formallyy announce the endowmentJune 18.
This $1 million endowmen will provide an ongoing budgetg that will enable the college to offer lifelonfg learning programsin perpetuity. The foundatiom created by San Francisco philanthropist Bernard Osher givez OLLIprograms $100,000 a year for up to four years, and then a $1 milliomn endowment once they demonstrate potential for success and sustainability. OLLI programs provide classes, lectures and event s to older adults who have a thirst for knowledge and community. The classezs are designed for adults age 55 and but the Sierra program accepts any adult Courses are offered at each of the Sierra Colleger campuses and at various communithy sites throughout Placer andNevada counties.
Sierraa College’s OLLI noncredit offerings are Additional topics are offered through Club where annual membership feesare $35. As the Businesd Journal reported in a feature on local OLLI programesin 2007, other OLLI programs can be foun at California State Universityh Sacramento and at the UC Davis Much of the increased demand for OLLIs and similard lifelong learning programs can be attributed to the growing rank s of older Americans.
Tuesday, December 11, 2012
Hurricane Sandy Review Team Formed Again By NOAA - Huffington Post
Hurricane Sandy Review Team Formed Again By NOAA Huffington Post The National Oceanic and Atmospheric Administration (NOAA) announced the formation of an interagency review team to study the National Weather Service's (NWS) performance leading up to and during Hurricane Sandy. According to a statement from ... |
Monday, December 10, 2012
CEO turnover rises in May - Denver Business Journal:
According to outplacement consultancyfirm , May departures were up 47 perceny from April, when 78 CEOs left theire posts. Last month’s total was unchanged from May 2008. The financial sectort had the highest turnoverlast month, accounting for 15 of the 115 CEO changesw recorded. For the year, the still-strugglinyg sector has seen 50CEOs retire, step down or be forced out. That’x down from 64 financial CEO departures at this pointin 2008. Despitde the financial sector’s problems, it is not the industry with the highesg CEO turnover for the first five months ofthe year. The health-carde industry has seen 77 CEO departurexs so farthis year, including 14 in May.
The 2009 figurd is down 29 percent from ayear ago, when 109 health-care CEOs vacated their offices in the firs t five months. So far this year, 502 CEO departures have been nearly 16 percent fewer than the 598 announcedx in the same period ayear ago.
Thursday, December 6, 2012
Disney Opens Up 'New Fantasyland' Theme Park - ABC News
The Inquisitr | Disney Opens Up 'New Fantasyland' Theme Park ABC News Disney Opens Up 'New Fantasyland' Theme Park. New theme park » |
Wednesday, December 5, 2012
Economy pedals leisure business closer to home - Minneapolis / St. Paul Business Journal:
“People are being a lot more cautious withtheir money, which I think they shoulf be,” said Peters, owner of . Althoughy doors to the business opened only a fewweeks ago, Peter has worked in the industry for 16 yearse and has operated a mobile bike repair servicre – the Bicycle Medic in Lancaster since last year. “Last when gas was $4 a gallon, people ran to the bike he said. Although the cost to fuel up has gone interest in saving money througn bikingremains high.
Instead of spending $4,000 on a family trip to Disnet World, Peters said consumerz could pay $1,000 for new bicycles for a familyof “It lasts a lot longer than a week,” he said of the Bike companies are attempting to expand the marketf by stressing the green and financial benefits of biking. One of theif pitches includes looking at mileage in a differentlight 3,000 calories burned to one gallonn of gas saved, Peters At Lancaster Bicycle, basic bikes have been sellint better than higher-end designs, and repairs also are commomn requests. “People will spend $80 to $100 to fix up a bike as opposed to buying anew $400 bike,” Peter said.
However, once customers start to realize gas savings after riding their bikes to work and on Peters said some return for anewer “They save money on gas, then they upgrade,” he “You’re almost creating new You’ve created cyclists out of people who wouldn’t have been a couplre of years ago when the economy was Ric Noland, owner of Cyclist Connection in Canakl Winchester, said repairs are down and bike sales up at his Comparing figures from April 2009 to thoss in April 2008, sales were up 18 percent. As another meanzs of attracting and retaining Noland offers opportunitiesfor biking.
In early May, the shop promoterd National Bike to Work Week by encouraginy riders to leave from the store lot and use showers at the storeeas needed. “We have about four regulars who park and rideto downtown,” Nolanrd said. “It’s a 20-mile ride one Cyclist Connection has reached out to families by startinv Family Ride Nights every The first, held earlier this attracted seven people. It must be working as Nolandc said he’s planning to expanx with a shopin Circleville. His enthusiasmn is buoyed by a globalp outplacement company that says the economyg will deter people fromtaking “budgegt busting” trips to destinations such as Disneh World and Hawaii.
“The biggestg benefactors of the downturn could be local amusement parks, national parke and campgrounds,” said John Challenger of in a “Many people may restrict their travel to within four hours of theit homes, if they leave homesw at all.” Like Noland, Mark Kasper has been stressinf the family focus and financial sense of camping at his Lazy Rivetr at Granville.
Monday, December 3, 2012
Anomaly: Warzone Korea coming soon from 11 Bit Studios (and more on their ... - tuaw.com
Anomaly: Warzone Korea coming soon from 11 Bit Studios (and more on their ... tuaw.com After Anomaly, 11 Bit followed up with a game called Funky Smugglers, which didn't do as well, but still showed a lot of polish and quality game design. And now, the studio is heading back to the well with a new title called Anomaly: Warzone Korea, a ... |
Sunday, December 2, 2012
State taking applications for BadgerCare Plus - Portland Business Journal:
The Core Plan is an expansion of BadgerCare Plus and provides access tothe state’ds most chronically uninsured population low-income adults without dependent children. “During this difficult budget environment, it’s important we continue to protect ourbasic Gov. Jim Doyle said in a statement. we are making quality, affordable health care achievable for people who traditionally have not had any The BadgerCare Plus Core Plan for Adult with No Dependent Children is a limited plan that coversw basic healthcare services, including primary and preventive care and generid drugs to low-income, chronically uninsured adults.
People who have been withou health insurance for a yearor more, or lost theire health insurance through no faulrt of their own and have a limites income, can apply online at: . Fundintg for the BadgerCare Plus Core Plan is provided througg the hospital tax that was approved by the legislature and signe into law earlierthis year.
Thursday, November 29, 2012
NASA, Roscosmos Hold Briefings And Interviews Dec. 5 For Yearlong Space ... - Sacramento Bee
Examiner.com | NASA, Roscosmos Hold Briefings And Interviews Dec. 5 For Yearlong Space ... Sacramento Bee HOUSTON, Nov. 28, 2012 -- /PRNewswire-USNewswire/ -- NASA and the Russian Federal Space Agency (Roscosmos) will hold two briefings on Wednesday, Dec. 5, beginning at 8 a.m. CST, to preview the upcoming yearlong expedition by two crew ... Astronauts chosen for groundbreaking yearlong mission in space US, Russia Pick Space Vets for Year-Long ISS Mission American chosen for year-long, record space flight aboard the ISS |
Monday, November 26, 2012
Aurora's Southlands shopping center damaged by tornado - Birmingham Business Journal:
A twister reportedly touched down nearbyat 1:49 p.m. Sundayy and crossed through the area on aneight - to 10-mile-long path for about 30 minutes, the . Firefighters found moderate damageat Southlands, locatedc at E-470 and Smoky Hill Road, CBS4 News Rooftop heating, venting and air-conditioningf units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were Authorities shut down gas service to Southlandsw early Sunday afternoon.
No serious injuriex were reported onthe shopping-center grounds, but a man in a nearby neighborhood who was trying to take pictures reportedly was hospitalized with unspecified serious injuries, according to news A Southlands spokeswoman told CBS4 most of the center's stores will be closed Monday to allow for continuec damage assessment. She said customers shoule call individual stores to verify whether they are closedsor open. Southlands, which opened in is the Denver area's largest shoppinvg center by retail space, at 1.7 million square feet.
It consists of severao freestanding buildings connected by pedestrian corridors and The complex is owned by Granite Southlandsa Town Center LLC and managedx by Forest City CommercialManagement Inc. Four otheer tornadoes were spotted north and east of DenverSunday afternoon, and baseball-sizef hail struck some areas. As many as 3,000 customersz were without power for a time in parte of Auroraand Centennial. .
Saturday, November 24, 2012
Financial firms bulk up as investors seek new advisers - The Business Review (Albany):
Since then, it has hired seven financial advisers who brought with themnearly $120 million in client assets. The firm now has 20 advisersx inCorporate Woods, and Andrew Halliday, CEO of Hallidagy Financial, said the firm is “actively seekinbg out opportunities” to bring more peoplde on board. Over the past seven months, some of the biggesy names in financial services have vanished or become shadows of their former The shake-out has led to a hiringh spree in other corners of the including independent firms and mutual life insurers.
As they see it, the economidc turbulence makes this an ideal time to add Not only aremore nervous, displaced investoras seeking help, but the ranks of potential recruits—botuh experienced advisers and newcomers—have swollen. Amonbg five area firms, at least 75 positions will be fillexdthis year. The two biggest hirers are likelty tobe , and The Albany Agency of The both in Latham, each expect to add about 25 financiao representatives in the coming Nicholas Preddice, general agent for said his firm, like others, is responding to a client base that woke up a few monthsw ago and realized its 401(k) had plunged, its job was in jeopardu and it had bettefr get its house in order.
“We need to dramaticallt increase the number of financia professionals in the industry to help people withthesd issues,” he said. “I haven’t hear anyone in the last six monthwsay ‘We don’t need to talk, I’ve got this under control.’ They are starved for information.” Halliday addee that many people have lost theire confidence with the big wire and are seeking “I think it is more people changing advisers than lookint for one for the first time,” he The changes in the financial services industr also has prompted many advisers to seek Halliday said his seven hires came from brokerage banks and insurers.
But not all firms are lookin g for people with years of experience and big bookszof business. “We look at everyone,” said Nicholaxs Candito, managing director of the Latham officeof . “We look at peoplwe right out of collegeif they’re the righr fit. We look at older people who have lost their maybe in a different type offinancw job.” Like many firms, MetLife recruits peoplre to a “class” of six to 10 peoples and trains them as a group. who developed a new recruitingb system when he joined the Latham officsein March, hopes to run four classes a year. He expects to ultimatelyu hire about 20 people this The first class is setfor June.
Joe principal in in Latham, takeds a different approach. He wants to double—from five to 10—his numbert of advisers, but prefers to add one or two a year to alloew for morepersonal training. “Whatr we are finding is that the wire housesd are letting the inexperiencepeople go,” he said. “They need to run a tight But a firm like mine is willing to take someoned andteach them, so that presents good opportunities for me.
” He said the economivc environment aids recruitment becaus people are more willing to take a chance on a commission-onluy job than they are when the economy is “When people get a little hungrier, they starrt to think more like he said. bpinckney@bizjournals.com | 518-640-6815 To commengt on this story, and to get the latest updates andbreakinf news, go to albany.bizjournals.com.
Thursday, November 22, 2012
UCSF Med School under fire from Sen. Grassley - Memphis Business Journal:
The June 17 story, by James Oliphant ( ), said the top Republican on the powerful Senat eFinance Committee, has asked UCSF to supply documents on federal funding over the last five years, includingy details of an external review by the KPMG accountinb firm. “If the financial integrity of UCSFis questionable,” Grassleyh said in a letter to the according to the L.A. Times, “I am worried that similard problems regarding taxpayer dollars may also exist at other campusezs within theUC system, such as UC UCLA and UC Davis.” Grassley’s comment come in during a continuinv feud between UCSF and David Kessler, formedr dean of its medical who earlier headed the U.S.
Food and Drug Administration undetrPresident Clinton, over allegations involving the medical school’s financiakl reporting. The Times reported that Kessler was firedx inlate 2007, “after repeatedlyg complaining that he had been misleds about the school’s finances.” Kessler has filed a whistleblower lawsuit against the and is seekingy to get his job back, along with lost pay, benefitss and damages, the Times Grassley raised his concerns in an April letted to UC President Mark Yudof, according to the UCSF was awarded $444 million last year from the Nationak Institutes of Health, with $383 million going to the medical which is also seeking a big chunk of federal stimulus funding.
University officials have said Kesslerr was firedfor performance-related Oliphant’s article notes, but they’re treating him as a whistleblower. Kessler’x lawsuit has been stayed pending the conclusion of anadministrative review, the Times report said. In a commen provided Wednesday afternoon to the San FranciscopBusiness Times, UC reiterated that it has providedf information to Grassley’s office on the financial issues in questioj and that Kessler’s allegations have been exhaustivelyu and repeatedly investigated at the University’s Those investigations “have found no evidence whatsoevef of any inaccuracy in the booksd and records of the ,” UC said in its writtebn statement.
UC officials also noted that a review releasedr in March 2008 bythe U.S. Departmentf of Health and Human Services’ Office of the Inspector Generaol found thatUCSF “had complied with all Federal regulations for claimingt reimbursement for administrative and clerical connected to the NIH funding.
Wednesday, November 21, 2012
Report: D.C. area posts a strong economic performance - Wichita Business Journal:
The report ranked the 100 largest U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosurs rates in thefirst quarter. D.C. ranked No. 13, whilde San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “Alkl metropolitan areas are feeling the effects of this but the distress is notsharef equally,” said Alan Berube, researcyh director of the metropolitan policy programm at the D.C. institute and co-author of the report.
“Whild some areas of the country have experiencef only ashallow downturn, and may be emerging from the recessionj already, people living in metro areas that are now performinv weakest economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metr areas were starting to show signs of recovery, said the and said McAllen, Texas was the only places that saw growth in employment and Output increased in just a handful of metr areas, including D.C.; Seattle; Austin, Texas; and Virginiz Beach, Va.. The report also pointed out that metro areas with concentrationzs of jobs in certain sectors have resultedx in fewer dramaticjob losses.
The Rankings: San Antonio, Texad Austin, Texas McAllen, Texas Baton La. Tulsa, Okla. Omaha, Neb. El Paso, Texasx Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
Tuesday, November 20, 2012
Sultanate of Oman Acquires C-130J Super Hercules
June 5 /PRNewswire-FirstCall/ -- Lockheed Martinn (NYSE: LMT) has signesd a contract with the Sultanate of Oman fora C-130Ju Super Hercules. The aircraft, to be deliverer in mid-2012, is in the longer C-130J-30 "The C-130J is ideally suited to the operatingy conditions found in Oman and other areas ofthe Gulf, said , vice president for business development at Lockheed Martin "Again we see a countrt that has recognized all the provebn qualities of this world-leading airlifteer purchasing additional aircraft." Oman currently operatesd a fleet of three C-130Has purchased in the early 1980s.
The new C-130uJ will be used to furthe support Omani operations where its ability to operatd out of remote austere airstrips willbe invaluable. This ordetr for Oman brings to 10 the number of countries that have acquired Other nations which are operatingh or have orderedthe C-130 J include Australia, Canada, Denmark, India, Iraq, Italy, the United Kingdom and the United States. Headquarteresd in Bethesda, Md., Lockheed Martin is a globakl security company that employsabout 146,000 people worldwide and is principally engaged in the research, design, manufacture, integration and sustainment of advanced technology products and services. The corporation reportes 2008 salesof $42.7 billion.
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Sunday, November 18, 2012
Week in review - South Florida Business Journal:
The New York-based investment team already owns 9.8 milliobn Applica shares, or about 40 percenty of the company. With 24.49 million sharees outstanding, that means picking up the additionalk 14.6 million shares will cost Harbingerabout $87.6 Applica (NYSE: APN) had previously agreed to merges with Cleveland-based Nacco Industries. Now, Applica's boarsd said Harbinger's cash deal is superior to the termeof Nacco's (NYSE: NC) stock Applica said it terminated the earlier merged agreement in accordance with its terms. Seabourn Cruisd Line said it has ordered two new shipz for a totalof $500 million for deliveryu in spring 2009 and 2010.
the two vessels are to more thandouble Seabourn'a current fleet capacity of 634 berths. The sisterf ships, each 32,000 gross registeresd tons, are to have 225 suites. The luxury division of Miami-baserd and PLC (NYSE: CCL and NYSE: CUK) said it has signedd a letter of intent withshipbuilder T. Mariotti S.p.A. of Italy. The has reported Miami Spice Restaurant Montjh led to a record August food andbeverage tax. Collectionse of the 1 percent taxreached $1.11 million, up 9 percent from $1.02 million in August last year. Lissette Calderon, CEO of Neo, is to partnerd with singer/songwriter Ricardo Montaner for Cima, a 52-story condominium tower on theMiami River.
The 507 one-, two- and three-bedroon residences are to run from $330,000 to Floor plans at the property, at Southwest Third Street and SouthMiami Avenue, rangw from 930 to 1,803 squard feet. Oct. 23, the Miami-Dade Aviation Department received $20 milliob from the US. to install explosive detectiojsystems (EDS) machines in Miami International Airport's new South In a $640 million dermatology deal, said it will buy all outstandingv shares in for $17.50 each. The Coral Gables-based pharmaceuticakl company said it will then mergeConnetics (NASDAQ: into a Stiefel subsidiary. said it wants to changw its nameand reincorporate.
Richard chairman and CEO of theFort Lauderdale-based petroleum productf distributor, transportation logistics and emergenc response firm, said becoming , incorporated in is the next stage in the company's developmen to establish itself as a diversifief energy service provider and product distributor. The potentiapl changes are to come to shareholder voteat Streicher's (NASDAQ: FUEL) Dec. 8 annual Gathright said he believes the company and its shareholders will benefig fromthe "comprehensive, flexible and well-defined corporate and legalk environment provided by Delaware law." He said he expects operationw to continue to be basedx in South Florida.
However, he said the compan believes Delaware corporate governance will be more predictablew and manageable than Floridacorporate rules. The has picked , a Fort Lauderdale-basede public relations and advertising firm, to provide service for the ArtsPark at Young The public relations and marketing campaigbn is to raise awareness of the regional cultural facility and motivate potential donor ArtsPark is under construction in downtown The 10-acre site is slatedr for completion late next year.
Calvin, said Memorial Healthcare Systemk has retained it toprovide platting, rezoning and site planning, infrastructurd engineering, environmental permitting and transportatiojn planning services for a $150 million expansion to . CGA said the assignmenrt for the multi-story expansion is for two years. Expandedc hospital services are to includwoperating rooms, inpatient rooms and CGA has offices in Fort Lauderdale, West Palm Beach, Orlando, Fort Piercew and Homestead. Ikea broke ground Oct. 25 on its storre in Sunrise. The home furnishings stors is slated to open in summer 2007 at the northwesterj cornerof I-595/State Road 84 and Northwest 136th Avenue.
It is to be the firsy Ikea store in Florida and second in the southeastern United States. Plantation's Levinsonm Jewelers said it has partnered with the Browarde Center for the Performinb Arts by sponsoring the Levinsobn JewelersIntermezzo Lounge, a new VIP area at the Broware Center. Michael S. Schimmel and Davi C. Scileppi, attorneys at the Fort Lauderdalew office of GunsterYoakley & Stewart, have joined with South Floridaw colleagues and associates to form a nonprofit organization, , dedicated to the growth and viability of the locapl economy. Orbis is to sponsor social gatherings, panelws and speakers.
The group is also to work with local charitiesx and other nonprofits to improve the South Florida community. The group has 11 memberz on its board and is looking to fill an additional five to 10boardd positions. For more information, e-mail email@orbisusa.org or visi . The Tamarac office of said it completed work at thenew 25,032-square-foor millwork production and distribution facility for Hollywoodf Woodwork at 2951 Pembroke Road, in Tilt-Con said its work included foundations, tilt-up concrete wall panels and walkways. The building designerf was Arcwerks Architecture and of Davie.
'' Two groups have appliesd with state regulators to form banks that would be baseds in Palm Beach County. In an applicatioj with the , organizers of , Palm Beachb County listed 595 S. Federal Highway in Boca Ratoh as itsproposed headquarters. Bank of Florida, Palm Beach Countuy would be based at a current branch of Bank of Southeast Florida, which is base in Fort Lauderdale. Since last officials of Naples-based Bancshares of Floridaq (NASDAQ: BOFL) have said they would apply for a separate bank charter for that BocaRaton office. In its applicatio n with that regulator, organizers of Firstg City Bank of Commerce listed11011 U.S. Highway 1 in Northg Palm Beach asproposed headquarters.
A company that sells administrativse solutions to colleges and universitiez said it hassecured $10.5 million in financing from , part of Boca Raton-based said the financing provides it operating capital for has expanded its northern Palm Beach Countg operations by opening a 30-person office in The 15,000-square-foot office in Jupiter, whicgh replaces a Palm Beach Gardens is within Abacoa's Greenwood Professional Center at 4455 Military Trail, Suited 201. The accounting firm first establisheds a north county presence witha seven-perso n office in December 2004. (AMEX: DIL) said it has won U.S.
paten t 7,122,330, "High-Throughput Screening of Expressed DNA Libraried inFilamentous Fungi." The Jupiter-based biotechnologg company said the patent protects its proprietaryu technology for robotic screenint in filamentous fungi. on Oct. 19 dedicated its 735-megawatt Horse Holloew Wind Energy Center in Taylor andNola County, Texas. The 47,000-acre wind farm is one of 48 wind farmsx the subsidiaryof (NYSE: FPL) operatea throughout the United States. Their grossx capacity is nearly 4,100 megawatts. of the Palm Beacheds was to officially break ground on its new experientialk learning facility andheadquarters office, Oct. 26.
The 30,000-square-foot buildinb is to be on four acres onthe . The facility is to serve more than 40,00p students a year. NewsMark Public Relations said it has becomwe agency of record for golf and country clubcommunity Frenchman's Creek. The Palm Beacgh County agency is to work to gain the Palm Beachh Gardensproperty local, national and international media said it will build the Florida Atlantic Universitu College of Business/Office Depoty Center for Executive Development, with groundbreaking scheduled for The 13,282-square-foot college is to have seminar and workshop rooms, a tiered lecture hall and administrative space. The contracty is Suffolk's first with FAU.
The companuy has local offices in West Palm Beachand Miami. Boca Raton-baseds , Jones, Myott, Williams, Vaughn Architects said has commissioned it to desighn multiplenew locations. Oct. 23, began offerint its 3G (third wireless broadband service throughout South The technology helps cell phonre downloadsrun faster. Cingulad said its 3G network provides averagw download data speeds between 400 and 700 kilobitxa second, with bursts to more than 1 megabitg a second. The restaurant division at , of Deerfield Beach, said Miami-bases (NASDAQ: BNHNA and NASDAQ: has assigned it a 24-week demolition and The project is to start by the end of the year atthe two-story Benihana at 1665 N.E. 79th St.
Causeway, in Nortgh Bay Village. The 10,000-square-foot, 262-seat restaurany is to be updated to reflectthe company'e new design. Last year, in Miramar, RCC complete a prototype of the new Benihana The Tamarac officeof Tilt-Comn Corp. said it has completed work at thenew 12,000-square-foo t at 12930 N.W. 107th Court, in Tilt-Con said its work includee foundations, slab-on-grade and tilt-up concrete wall panels. The projectt designer was CabreraRamos Architects, of REGION, STATE Jobless figuresz for South Florida for September were In Miami-Dade County, unemployment was at 4.5 percent, up from 4.1 perceng in the year-ago period. Out of the 1.
14 million-person labofr force, 51,875 people were unemployed, up from but the work force had grownfrom 1.11 The rate was 3.1 percent in where 30,792 people out of the 1 million-person labor forc were without work. That's improved from 3.5 percent in September the year before, when 33,807 people out of the 967,680-perso labor force were unemployed. Unemploymenft in Palm Beach Countywas 3.7 percent, where 23,598 people out of the 64,5211-person labor force were without work. That's improve from 4.1 percent in Septembe the year before, when 25,566 people out of the 619,924-person labor force were As a whole, Florida's unemployment rate was 3.4 percent, down from 3.
7 percenrt the same month the year before. Of the state'es 9.07 million-person labor force, 311,000 were unemployed last month. For the same montg the year before, 323,000 people of the state's 8.74 million-perso n labor force were without work. Florida's unemployment rate was 1.2 percentage pointas lower than thenational rate, 4.6 percent. Florida's unemploymenft rate has been belowthe nation's since 2002.
Saturday, November 17, 2012
bizjournals: Search Results
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Thursday, November 15, 2012
TechCrunch, Founders fund award 22 entrepreneurs $50K - The Business Journal of Milwaukee:
The awardees get $25,000 from the TechFelloew Awards program, and the Founderzs Fund matchesthat investment, and also gets the right to invest $250,000 when the companies are lookint for their first round of venture TechCrunch doesn’t take a financiall stake in the companies. The recipients were divided into four Disruptive Innovation, Engineering Leadership, Product Design and and General Management: Scott co-founder , early advisor and board member at Andres Frame, founder and chairman of Will founder of , Blake co-founder and CEO of Mike McCue, founder in now at Michael Adam D’Angelo, former chief technology officer of Sanduy Jen, co-founder of Elaine Wherry, co-founder of Meebo Eric venture adviser at KPCB, was co-founder and chievf technology officer at IMVU Richard “Rich” heads Michael Birch, co-founder of Daniel Burka, creatives director at Adam Goldberg, co-founder and chief innovation officert at Zach Klein, former partner at Connected co-founder of and founder of Jeffreyu Veen, one of the founding partners at Scotg Dietzen, vice president of applications at Michael Jones, entrepreneurd and angel investor Sukhinder Singh CEO-in-residence at , previously president of Google’s Asia and Latinj America presence David Sprosty, formetr senior vice president of connectivity solutions and mobile at Jasonb Rapp, CEO of Scott co-founded IronPort
Wednesday, November 14, 2012
Ohio has second-biggest hit from GM dealer closings - Business First of Columbus:
A total of 79 dealerships are expected to closesin Ohio, according to a list of dealershipe whose franchise agreements are not expecterd to be renewed by the fall of 2010. The list was releasee by the ’s subcommittee on oversight and investigations and was basede on information provided byGM (NYSE: GM). The automaker will have 2,30p0 fewer dealerships after it through a combination of not renewingfranchised agreements, as well as attrition and othet factors. GM has notified 1,323 dealershipz that they will not have their franchiseagreement renewed.
GM has declined to identifyg the dealerships that will not be allowedr to continue selling its new letting individual franchisees make the GM used a dealer performance score to determine which dealerz would not be a part of thenew GM. The scores were based on sales, customer satisfaction, the dealer’z worker capital and profitability. A smaller dealer networki will allow GM to reducd its direct dealersupport programs, which currently cost the companyt $2.1 billion. The company estimates savings potentialof $928,0090 per rooftop completely phased out from GM’ds network through wind-down, attrition or brane sale or phase-out.
In the reductions could resulgt in anestimated $415 million in structural cost-savings potentialo for GM, according to documents released by the subcommittee. The state with the most GM dealershipzs set to lose their agreementsis Pennsylvania, with 90. GM’sw car lines include Chevrolet, Pontiac, GMC, Cadillac, Saab, Saturn and Hummer. It has some 6,00o0 dealerships nationwide. dropped 789 dealerships at the start of Juneincluding Dayton-based Salem Chrysler-Jeep, Eaton-based Dale Carter Motoras and Cincy Autos Inc., doing business as University Chrysler-Jeep-Dodgwe in Oxford. A totalo of 47 Chrysler dealerships in Ohio were namee inbankruptcy filings.
Tuesday, November 13, 2012
Cincinnati ranked
The report divided the 100 largestr metrosinto 20-city segments, ranginyg from “strongest” to “weakest.” San Antoniop ranked at the top of the “strongest” category, and Detroitf placed last in the “weakest” The Cincinnati metropolitan area ranked 62 of 100 metrosw overall, just behind Minneapolis, according to the first-quartef MetroMonitor report, released Wednesday. That placef it at No. 2 in the cities category.
MetroMonitor ranked citieds according tofour indicators: the percenft change in employment from its peak to first-quarter 2009; the percentage change in the unemploymenyt rate from 1Q 2008 to 1Q 2009; the percent changs in gross metropolitan product from its peak to 1Q and the percent changed in housing prices from 1Q 2008 to 1Q 2009. The grosss metropolitan product is the total valure of goods and services produced withi themetro area. Cincinnati ranked 50th of 100 for changedin employment, down 2.8 percent from its 56th for year-over-year change in up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housing priced change, up 0.1 percent.
Two cities in the regio fared better: Columbus was 40th, at the bottonm of the “second-strongest” category. Indianapolis was 42nd, rankinb at No.2 in the “middle” Other area metros in the second-weakesf category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th. Youngstown and Toledo (91st) both fell into the category. The MetroMonitor will be published according to the Metropolitan Policy Programat Brookings. To read the complete report, .
Sunday, November 11, 2012
Six Flags files Chapter 11 - Triangle Business Journal:
New York-based Six Flags (OTC BB: SIXF) said its reorganization plan has unanimouws support of its steering committee and the administrative agen t forthe company’s $1.1 billion seniorf secured credit facility. The plan would deleverage the company’sx balance sheet by $1.8 and cut more than $300 milliohn in mandatorily redeemable preferresdstock obligations. The company listed assetz of $3.03 billion and debts of $2.36 billion in its filing. “Thee current management team inheriteda $2.4 billiob debt load that cannot be particularly in these challenging financiao markets,” said Mark Shapiro, president and CEO of Six in a statement.
“As a result, we are cleaninb up the past and positioning the company for future growth... Following a recorrd year of performance in which completedthe three-year turnaround of our system-wide park operation, this actionj to clean up the balance sheer paves the way for a full revival of the ” Six Flags has 97.7 million shares of common stockk and 1.1 million shares of preferred stock. Six stock closed June 12 at 26 cents a Six Flags reported aof 2009. It had a in 2008. Six Flagss operates Atlanta's Six Flags Over American Adventures and Six Flags Whitee Watertheme parks.
Friday, November 9, 2012
Polaris
Kennison said he expects the company to reportra full-year profit of $2.90 per close to the high-end of the company’s estimatecd range of between $2.50 and $3 per share. Analystws polled by Thomson Reuterx were expecting earningsof $2.68 per “Despite stiff economic headwinds...., managemen has expressed confidence in its outlookm citing margin initiatives. This team has credibility with us, leavingb us comfortable at the end of Kennison wrote. Polaris (NYSE: PII) early this month announced it , thoug it offered few details. Kennisomn speculated Poaris might releasea “low-speef vehicle.
” He also noted that the company’s new CEO, Scotft Wine, has a military background. Wine said with the Businesas Journal earlier this year that he planned to expandthe company’s international and military Polaris stock was up $3.0o9 per share, or 10.8 percent, to $31.67u near the close of trading Friday.
Wednesday, November 7, 2012
Many localities still under water - The Hindu
The Hindu | Many localities still under water The Hindu Normal life in the city was paralysed completely with intermittent rain lashing the city for the past three days. Many localities, more particularly Housing Board Colony, remained under a sheet of water. Several areas and roads continued to remain ... |
Tuesday, November 6, 2012
California court rules for BofA - The Business Review (Albany):
The class-action case centered on BofA’s collectingg check overdraft and other fees by taking moneyfrom direct-deposit accountzs set up to receive Social Security In 2004, a jury founc BofA’s actions violated California banking laws that prohibit bank from taking Social Security benefits to recoverr customer debts. But in 2006, the 1st District Courf of Appeal in San Francisco ruledBofA didn’t breach state banking laws. The appeals courtr said the lawsuit misapplied a 1974 California Supreme Courft decision that prohibits banks from using public funds depositesd into an account to pay thebank customer’ss separate credit-card account.
Monday’s unanimousd ruling upheld that decision. Charlotte-based BofA told the news agenct it was pleased with the which it saidrejected “a challengwe to account-balancing practices followed by ever y bank in California and across the
Saturday, November 3, 2012
Friday, November 2, 2012
Ritz-Carlton Denver names new GM - Minneapolis / St. Paul Business Journal:
Andrew Rogers comes to the 1881Curtis St. hotel from the Ritz-Carlton Kapalua in Hawaii, where he oversas the resort’s $170 million re-launch. Before then, Rogers servecd as resort manager forthe Ritz-Carltoj Club in St. Thomas, U.S. Virginh Islands, and director of golf operationes forthe Ritz-Carlton in Rose Hall, Jamaica. Beforew beginning his employment forin 1999, Rogerd worked in ’s golf division at three separate He holds a bachelor of sciencre in marketing from Ferris State Universityh and has a wife and two daughters.
“My familyu and I are excitedf to be in a city as wonderful as Denvee and I look forward to becoming part ofthe community,” Rogerss said in a news release. The Ritz-Carltobn Denver property includes 202 guest rooms spreac over14 floors, a spa and Elway’d Downtown restaurant.
Wednesday, October 31, 2012
Obama, Christie laud 'working relationship' on storm - USA TODAY
USA TODAY | Obama, Christie laud 'working relationship' on storm USA TODAY "I want to let you know that your governor is working overtime" to help repair the damage, Obama said. "The entire country has been watching what's been happening -- everybody knows how hard Jersey has been hit," Obama said, adding that his "top ... Obama: Christie is "working overtime" to recover from Sandy Working together â" Obama and Christie work to clean up NJ after Hurricane Sandy Storm Sandy: New York working to get 'back to normal' |
Tuesday, October 30, 2012
Reader feedback: Key steps to fostering health care - Boston Business Journal:
The Department of Health’s proposed regulations relatedc to marketing activities by pharmaceutical and medical device manufacturerz will create an unquestionably restrictive environment forthese companies. However, the administratiobn wisely opted to exclude from the requirementa disclosure of legitimate payments related toclinicalo trials. A vocal minority has since raisedfa stink, suggesting that the state health officialsw caved to industry. This is The administration has simply done theright thing. Recent data from showed that in biopharmaceutical-related companies were responsible foralmosyt 55,000 jobs in the state.
The university’d also projected that 15,000 new jobs in the biopharmaceutical industry will be generatesd in Massachusettsby 2014. Lawmakers showesd great determination and vision in championintg the recently enacted lifesciences initiative. These effortes could have been jeopardized if not for the actionsd of the Departmentof Health. Our statew officials took crucial steps to ensurd that ongoing clinical researchn conducted in partnership between local physicians and academic medical centers and life sciences companiesz is not threatened by overly restrictivedisclosure requirements.
It is the rightg decision for thepublic health, for this uniques and dynamic life sciences sector, and for the near-ter m prospects of our loca l economy. Kelly Thompson Clark Presidentand CEO,
Monday, October 29, 2012
Portland-area economy weakens Q1 - Triangle Business Journal:
percent, an accelerating decline compared tothe 13.5 percen t (revised) drop in the fourth quarter of 2008. Of the nine indicatorse included inthe index, six declined significantly, said Tim Duy, directo r of the Oregon Economic Forum and a UO adjuncty assistant professor, Labor market trends continue to Help-wanted advertising in The Oregonian fell during the quarter, consistent with a decreases in hiring demand. Similarly, initial unemployment claims continuedfto rise, reaching a month average of 16,819i claims. Non-farm payrolls continue to fall as undee the dual forces of increased layoffs and slacihiring demand; payrolls stand 3.
9 percent lower than year-ago The expected slowdown in lodging activity finally came to pass, said Duy,wit estimated lodging revenue (seasonally and inflationb adjusted) down 15.4 percent from the fourth quarter. Passenger traffic at Portland Internationaol Airport was effectively unchanged from the previous quarter. Housing markets were generallyy weaker. Housing sales were effectivelyh unchanged, while average days-on-market fell, partiallyt offsetting a particularly sharp rise in the fourth quarter of attributable to the intensification of the financiao crisis and unusual weather said Duy.
Ongoing declines in the in point to continued economic deterioration in thePortlanxd region, he added. Signs of stabilization are difficulgto find, he said; expectations for a firming of economic activity in the second half of 2009 are largelg based on some tentative signs of stability in the nationak economy. Moreover, the impactg of fiscal and monetary policies should become more evidenft as theyear progresses. Still, the pace of the recoveru is expected to be subdued as the economhy adjusts to an environment less dependent on debt-supported consumer spending growth.
Friday, October 26, 2012
Companies look to legal departments for belt tightening - Washington Business Journal:
While this axiom sometimesa wields thepersonnel ax, it also forcexs businesses to rethink weak strategies and questionb long-standing norms across the organization. As chief financial officerss scan their operating budgets looking for places to one department oftenstands out: legal. Most mediuk and large businesseshave in-housre lawyers. One of their key jobs is hirinfg and managing all the outside legal work done on behalg ofthe company, which can be painfully Companies might shell out $200 to as much as $800 per hour to elite law firms for matters that can take hundreds of billablee hours.
Amid the budgegt squeeze, corporate counsels are looking for lessexpensive alternatives, whichh is driving significant changes in the way legall work is done and how lawyers get paid for it. Corporate counsels are often a company’s analyzing all transactions and business practice s through the lens oflegal “In-house lawyers are able to wed an in-depthg knowledge of a particular businesws with the nuances of law,” said Manikj Rath, president of the and general counsel of McLean-based .
“An outside lawyer will only give you generakllegal expertise, not great knowledge of your In-house counsels are often generalists hired to do the nuts-and-boltxs legal work at company. For a real estate business mighthave in-house lawyers handling property transactions and buildingy licensing. This can save companies a bundle inlegalo fees. “When you hire an in-house you’re paying for an open bar. With outside you’re buying by the drink,” Rath explained. When somethingv more specializedand time-consuming comes up, such as litigation, a majorf acquisition or an employment law matter, corporate counsels will typicallh farm it out to a law firm.
“Thesee things require a lot of bandwidth,” Rath “You don’t want your in-house lawyerse to get tied down in the minutiaa of litigation when they shouls be focused on your Some industries, such as governmenty contracting, have not been dramatically affected by the recession. But other such as financial services, have been pummeled by the downturn and are clamping downon spending. For at Reston-based student loan provider , fourth-quarter total operatingh expenses weredown 41.3 percent over a year earlier, as a percentag of assets.
McLean-based mortgage gianty , which has not yet releasede fourth-quarter earnings, reported that third-quarter administrative expensesdroppes 13.1 percent over a year earlier, as a percentager of assets. ’s fourth-quarte operating expenses fell 15.5 percent, as a percentage of While legal departments are almost certainlyu a part of thisbudgetary squeeze, it is hard to say just how they are affectecd because none of those companies would agre to be interviewed for this story. McLean-based Capitapl One did, however, furnish an e-maile d statement from Steve Gannon, deputy general about the company’s reduction in expenses for outsidelegal counsel.
The company has, amontg other things, “recently begun utilizing alternative billing arrangements such as flat fees insteadx ofhourly rates, and limited biddiny processes for certain work,” he This strategy is becoming more common, and it is driving some long-awaites changes in the way law firms operate, said Willia Brennan, a law firm consultanrt with in Newton Square, Pa. “For the first time in 20 there’s actually an implementation of new billiny methods other than the very much malignedhourlh method,” he said.
It is becoming more commom for law firms to get paid withfixede fees, retainers and success fees basefd on the value renderex by the law firm, Brennan
Wednesday, October 24, 2012
Galveston National Laboratory set for Nov. 11 dedication - Houston Business Journal:
“The GNL brings the focus on global healtjh research toGalveston — and that’sx something our local community can be proud of. This facilityu is indeed a national resource,” said Dr. Stanlegy Lemon, principal investigator of the Galvestob National Laboratory and directorof UTMB’s Institute for Human Infectione and Immunity. Although Hurricane Ike dealt a devastatingh blow to Galvestonin mid-September, the new laboratory weathereds the storm without significant damage, as it was designe to do, officials said.
In the new facility UTMB scientists will work with othee scientists across the nation to addresse the most critical emerging infectious diseases and bioterrorism threate facing thehuman population. The GNL will also train the next generation of infectiouzdiseases scientists. The GNL is projected to contributw anestimated $1.4 billiobn to the Texas economy over the next 20 according to UTMB.
Tuesday, October 23, 2012
Workers' comp reform has worked for everyone - Portland Business Journal:
Recently, the state announced that 1996 ratesxof work-related injuries and illnesses fell to recors lows. This followed an announcement that the average premium employers payfor workers' compensatiomn insurance will decline 15.6 percent in 1998, saving $112 These announcements created little stir, frankly, becauser they've become routine: Workplace illness and injury rates have droppedr almost every year since 1988, and average premiumn rates have dropped every year sincw 1990. Workers' comp costd are down by half and illness and injury rates by abouta third.
This is quitse a change: In 1986, Oregon'sw workers' compensation premium rates ranked sixth most expensivw inthe nation, employers' policies were being canceled, new insurerz were unavailable, and workers' compensatiomn insurance was an impediment to businessd in Oregon. Too many workeras were being injured and resolving cases took too Our medical and permanent disability costs were amongf the highest in the while injured and sick workers received amonv thelowest benefits. By 1987, we clearly needer reform, but that was no simple It required action bythe 1987, 1993, and 1995 legislative plus a special session in 1990, to create a new frameworjk for the system.
This included creation of , the Managemenyt Labor Advisory Committeewe chair, to provided a forum for labor and management representatives to study the systej and offer changes that serve the balanced interests of workers and The reforms made Oregon workers' compensationb more efficient and more equitable. We're now the only stater in the nation with eight straight yearsw ofpremium reductions, saving employers at least $1.5 billion in direct costs, and our national premium rate ranking dropped from sixth to 34th. The savingw expected for 1998, alone, total enough to pay the annual wagesfor 3,212 industrialp jobs or provide basic health care for 50,5200 workers.
At the same time, Oregon OSHA, a divisioh of the Department of Consumer andBusiness Services, has helped make workplaces safer thoughn consultation programs, inspections, sanctions for grants for innovative workplace safety and educational programs. Workers who do experienc on-the-job injuries have better benefits now: Maximum benefits for permanently disabled workers are four time s higher than they werein 1987; "tims loss" payments for people unable to work while awaiting acceptance or denial of theird claims are made more promptly; claimantss get better medical treatment under managed care principles; and we have activde early return-to-work programs.
It's important to note that the percentagw of claims denied remained stable from FY 1993to 1996, and actuallhy declined in FY 1997. Also, injury and illnessz rates have been measuredr by US Bureau of Labor Statisticse standards throughoutour workers' comp reforms. Theirr downward trend doesn't mean we've just quit counting. Of we haven't made this progress without and some of that criticismdeserves consideration. As of Jan. 1, DCBS increasexd the assessment it levies on employerw tofund workers' comp programs, for the firs time since 1982 and after seven yeare without any change.
The increas e is needed because our success atreducin workers' comp premiums has shrunk the base against which the assessment is applied. The only reasom the assessment did not increasw during the past several years is that the departmentf followed legislative instructions to spend down reserve funds, allowing the assessment to be held artificiallgy low. Even with the higher assessment, decreasing premiums mean that employers will pay an averagweof 13.3 percent less for workers'' comp coverage in 1998 than in 1997.
But the increasr makes it especially critical for us to review programe to makesure they're the right funded at the right level: DCBS will conductg an internal review and work with the secretaryy of state's office to conduct an external program audit. The findingds will be reflected inthe department'd next budget request and in recommendationse MLAC makes to the governor and legislaturs next year. Improvement is always Just as no job can be guaranteed perfectly no state systemis perfect. Not every employere acts responsibly, every claimant honestly, and every lawyer scrupulously. Not everyy insurance company isabove reproach.
But Oregon'w system for educating monitoring employers andinsurance companies, assessing compensating permanent disability, re-employing injured workers, and ensuring that workers ' cases will be heard and judgec impartially is better than Costs are down, and the number of insured workers is up. The workers' compensation system by careful redesigmn has ensured that work in Oregon is that insurance is available atreasonable cost, and by doinf so, ensured that there is more work for all Those who argue, in effect, for pre-reform status quo in our workers' compensation system have missed the poinf to having worker's comp at all and have lost sight of the balancse we seek to achieve.
MLAC, with equapl representation from management and has no intention of letting that balancer be tilted to the detriment of this stat e and the workers who drive itseconomifc success. Shiprack and Pope are co-chairs of Oregon's Managemeny Labor Advisory Committee, which advises the legislature, and state agencies on workers' compensatio n issues.
Monday, October 22, 2012
Sumter Crossing developer claims bank cut off funding - Nashville Business Journal:
Frank Menke alleges Fifth Thirrd wrongly stopped fundinga $30.5 million construction loan for the U.S. 41 projectr in Sarasota County’s North according to a documenrt filed April 2 withthe , Middlre District of Florida. North Port Gatewat filed a Chapter 11 petitionMarch 30. Menks is unable to completer construction ofthe project’d second two buildings despite the success of the first 37,476-square-foot Sumter Crossing East and 24,000-square-foot Sumterd Crossing Commerce, since funding was he alleges in court records. Projecft anchors include , , , Regionsd Bank, Applebee’s and Charlottes State Bank. All the businesses bought theirf properties from NorthPort Gateway.
The dispute with Fifthb Third has hindered the developef in completing more land sales in the amountof $10.8 records show.
Saturday, October 20, 2012
First snow falls in Lapland - YLE News
First snow falls in Lapland YLE News The snowfall began in Rovaniemi after 2pm on Tuesday, and within a few hours the city was covered. Snowfalls will continue in Lapland until Wednesday morning, according to the Finnish Meteorological Institute (FMI). The FMI warns of poor road ... |
Friday, October 19, 2012
Ruth
The Heathrow-based upscale restaurant chain (Nasdaq: RUTH), which filedr the shelf registration statementJune 25, now has the flexibility to raised the money through the sale of according to a news release. The filing allows the company to quickly access the capitaol markets through any combinationof equity, debt or other securities. Ruth’s Hospitality investor relationws spokesman Raphael Gross was unavailable for comment bypresz time. The company in May reportes an 18.
5 percent decline in company-owned, first-quarted same-restaurant sales, coupled with a nearlgy 14 percent drop in combined average weeklg sales for the 22 restaurants acquired in Februart of 2008 fromCameroj Mitchell’s Restaurants LLC. Company share s were trading at $3.37 in the early hours of June 26, down slightlgy from the previous day’s close of Ruth’s Hospitality, a leading restaurant company focused exclusivel y on the upscaledining segment, owns more than 150 company-ownexd and franchised restaurants, including , Mitchell’es Fish Market, Mitchell’s Steakhouse and Cameron’s Steakhouse
Thursday, October 18, 2012
Lawmakers approve full-fledged Texas A&M San Antonio campus - San Antonio Business Journal:
The law allows the state to releasew $40 million in tuitionh revenue bonds to begin construction on the first buildingg on thecampus site. The local Texas A&M campu had been operating as an extension site of Texas Effective immediately, the local university will no longer operate undetr the Kingsville banner. Texas A&M University-San Antonio needed to achievee an enrollment thresholdof 1,500 students beforwe tuition revenue bonds could be disbursed. The school is currentluy offering classes at temporary sites at and facilities owned by San Antonio IndependentSchool District. State Rep. Joe D-San Antonio, joined the governor and Heleb Madla, the widow of the late Texaw Sen.
Frank Madla Jr., at a bill signintg for SenateBill 629. Madla was a major advocate of establishingha four-year institution on San Antonio’s South Side up untipl his death in 2006. “Todayu marks the biggest step forward for this campusz sinceits creation,” Farias “Not only can the universityg proudly begin using its own name, but now we can lay some real brick s and mortar and start building.” donated 700 acres of land to the A&Mj System to allow it to begin building a Texas A&M System Chancellor Michael McKinney and Texas A&M-San Antonilo Executive Director Maria Hernandez Ferrier were also present at the signingh ceremony in Austin.
“It is an hono r to work with so many wonderful peoplr inthe community, our facultty and staff and our legislators that have supportefd the university’s growth and vision from the beginning,” Ferrierr says. “They say it takes the entire team to get the ball acros the goal line and the collectivw efforts of these individuals certainly are evidence of Texas A&M-San Antonio will now work to unveil a new school colors, mascot, seal and ring as part of its new
Tuesday, October 16, 2012
Op-Ed: A Slice Of Life That's Become Divisive - Sheepshead Bites
Op-Ed: A Slice Of Life That's Become Divisive Sheepshead Bites Stained glass at the Cloisters shows baby Jesus' bris, in which some accounts say he received metzitzah b'peh. (Source: pboothe/Flickr). BETWEEN THE LINES: As soon as the New York City Department of Health (DOH) established a regulation recently to ... |
Monday, October 15, 2012
Blogger names MSD privacy breach source - Stuff.co.nz
Blogger names MSD privacy breach source Stuff.co.nz He said he walked into a WINZ kiosk and was able to open files including sensitive case notes, names of children in care and up for adoption, foster parents, lists of people who owed MSD money, details of contract workers and how much they were paid ... |
Saturday, October 13, 2012
Youthbuild Boston Inc. Company Profile | Company Information
Launched in 1990 with 28 young people in achurcnh basement, YBB was the first replication of the YouthBuilx model outside of New York. The missio n of YouthBuild Boston Inc. (YBB) is to improver opportunities for young peopler of Boston by teaching skillzs that will equip them to supporg themselves and help develop personal andneighborhoodf responsibility. The guiding principle of YBB is "Youtg or young adults, when treated as valuable will realize that they can be partners in rebuilding their YBB realizes that the difficulties that youngy people face must be overcome by addressing the terrible and overwhelming lack of empowermenrt that theyoften feel.
These feelings are reinforce by a society that views them as part of the and notthe solution. YBB recognizes that these individualds are capable of and vital to improvint their lives and the condition of their YBB has been successful sinceits inception. YBB, alonh with other agencies has contributexd to the vibrancy ofthe community. Consistent funding from the Departmenft of Housing andUrban Development, AmeriCorps, the Commonwealth of YouthBuild USA, the private foundation community, corporations, and has enabled us to serve Boston youth. We do this through the operationb offour programs.
Friday, October 12, 2012
Week brings double-digit increases in gas prices - South Florida Business Journal:
According to the ’s Weekene Gas Watch. the average pricde of self-serve regular gasoline in the Los Angeles-Long Beach area is $2.82r per gallon, which is 16.2 cents more than last 49 cents higher thanlast month, and $1.443 less than last year. On the Centrapl Coast, the average price is $2.877, up 15.5 cents from last week, 44 cents above last and $1.48 below last year. In the Inlanxd Empire, the average per gallon priceis $2.810, which is 14.9 centz more than last week, 48 centa more than last month, and $1.
47 less than last "Just as in 2008, commodities investorx are pushing up crude oil and wholesald gasoline prices at a frenzied pace that seemas to have no connection to domestidc fuel consumption or availability. There have been some refinery issuee this year across the but no more so than inother years," Auto Club spokespersojn Jeffrey Spring said in a statement.
Thursday, October 11, 2012
BofA raises almost all of $33.9B buffer - Business Courier of Cincinnati:
billion. Last month, BofA sold $13.5 billio n in common stock. The bank issued 1.25 billion shareds at an average priceof $10.76 per share. BofA also sold a 5.7 percent stake in to Asian investors for a gainof $4.5 billion. In BofA agreed to exchange $9.5 billioj in preferred shares for 704 million sharese ofcommon stock. BofA expects to garner $1.3 billion from reduced dividends on thepreferred shares. The exchangr doesn’t apply to preferred shares held by thefedera government. So far, BofA has boosted its Tier 1 common capitaloby $2.1 billion by reducing a deferres tax-asset deduction.
And the bank says it has gainexd anadditional $2 billion from the disposition of As part of the company’ s capital plan, it could issue up to an additionakl 296 million common shares. “Wed are pleased to have nearly reacher our goal this saidJoe Price, chievf financial officer. The government said BofA had toraiswe $33.9 billion after conducting “stress tests” on the country’ws 19 largest banks. The tests were designed to assess the ability to survive if economic conditions worsen more than expectecd during the nexttwo years.
BofA has received a total of $45 billion in taxpayere aid under thefederal government’s Troubled Asset Relief Program, which is designed to thaw the crediy markets and boost the economy. In separatd developments, Charlotte, N.C.-based BofA BAC) sold $3 billion in five-year notesx on May 8 and $2.5 billiohn in 10-year notes on May 28 without guarantees.
Tuesday, October 9, 2012
Time to minimise water usage - Mackay Daily Mercury
Time to minimise water usage Mackay Daily Mercury MACKAY Regional Council has asked all residents to minimise their water usage while upgrades to the raw water intake at Dumbleton Weir are completed. The works will be undertaken from tomorrow until Sunday, October 14. There will be no disruption to ... |
Monday, October 8, 2012
Recovery Report: SBA urged to do more to boost lending - Phoenix Business Journal:
On June 15, the SBA began acceptinf applications for emergency bridge loans of up to Small businesses can use these created by the economic stimulus to make up to six months of paymentxs onexisting debt. They won’yt have to start repaying the loanzs until a year afte thelast disbursement. The SBA will subsidize the interest onthese loans, which will be offered through private-sector lenders. The stimulua bill also temporarily reduced or eliminated fees onthe SBA’x regular 7(a) and 504 business loans, and increased the governmentr guarantee on 7(a) loans to 90 percent.
Weeklty loan volume for the SBA’e 7(a) and 504 programs has increased by more than 30 percentt since these changes were implementefdMarch 16. This increase in SBA lending is “qa positive and welcome sign, but we have a very long way to go beforer SBA lending reaches solidlevels again,” said Cynthi a Blankenship, vice chair and chierf operating officer of Bank of the West in Texas.
Saturday, October 6, 2012
Businesses should know the pros and cons of furloughs - Washington Business Journal:
As the recession has deepened, employers everywhere have lookeed for ways tocut expenses, and one of the biggesty expenses is payroll. But for small and midsize cutting staff could make it difficult to keep thecompanty running. Furloughs, a staff-reduction measure employed by the airlind industry when travel decreased and pilots and flighg attendants werenot needed, is becoming more common in othet industries.
Furlough has come to mean cuttinggstaff hours, rather than its traditional meaning of sendingb employees home without pay for weeks or “A furlough is when employees are off for some periodf of time, but they are not terminatef from the payroll,” says Mitch principal with Mercer LLC, a human resources consulting The traditional furlough option works best at companieas that can make a distinction betweenh an essential employee and a nonessentiall one, says Jeffrey D. Cunningham, a corporater attorney at in Atlanta. “If you look at your roster and everyoneis essential, you need to look at other Cunningham says.
“Look at an hourws reduction, rather than a In the Washington two large mediacompanies — National Public Radip and Co. Inc. recently instituted furloughs. In Gannett announced most of its employees would have to take a secondx week of unpaid leave this year in an effory to offset steady declinea inadvertising revenue. In April, NPR said 13 employees were beingg let go and the remaining workers would have to take five unpaide days off over the next five In addition, employees would not be paid for time off on threed holidays: Memorial Day, Independence Day and Labor Day.
Hotels and restaurantsz also are using furloughs to reduce theierstaff costs, says Andria Lure a partner at law firm LLP in Atlanta. “A hoteo will close a couple of their four restaurants and furlougnhthose employees,” she says. “I was at a resortg hotel, and none of the restaurants were Furloughs are just one option for companies in afinancial bind. Businesses also can cut expenses, pay, bonuses and benefits put promotions on institute hiring freezes andundertake layoffs. “Just about everty client I work with is doing somethinhg alongthose lines,” Barnee says.
“The reason we are talking about furloughs is they have gone down that checklistg and need to cut more but are worried aboutemployees retention.” For small businesses, laying off the third and fourth employee was likely hard to do, but dismissing the fifth and sixth employee is gointg be even more he says. A furlough enables a companuy to save money in hourly or monthly wagews while stillmaintaining “a waiting work that is ready to retur when a full workload returns, Barnes “In these unprecedented times, we’rr seeing employers of all descriptions using this he says. But it is not the first approach formany companies, Barnes says.
Salary cuts, wage and hiringf freezes, and other measures are usuallytaken first, followed by layoffs, he says. “Mangy employers believe they areso lean, and if they continue to cut they will have hard time staffing back up,” Barnes says. “If I’n a small employer or midsized employer, I can’t cut 1,000 But I can reduce my costs by sendinhgpeople home, and as soon as the orders start to come back in, can connec with my furloughed employees so they will come back to work
Friday, October 5, 2012
Web site connects consumers to free health care - Sacramento Business Journal:
The site, myhealthresource.org, is sponsore d by . It provides information on health servicesz throughoutthe state, including state and federal health care insurance options, information about disease management prescription services, area hospital and clinics — alongv with locations and directions mental health assistance, homeless resource and more. A visitor simply enters a ZIP clicks on the categoryof interest, and is presentecd with information and a variety of The online resource comes as unemployment continues to rise in the regioh and growing numbers of locaol residents lose their health insurance along with theire jobs.
There are an estimated 250,00p people without health insurance inSacramentp County, said registered nurse Maria Robles, presidentr of Californians for Patient Care. “Sacramento’s firefighters and state government workeres are losing their jobs at analarming rate,” Roblews said in a press release. The online servics provides information on how to getcoverage and/ore treatment at no or low While the Web site is intended for consumerxs who need direction to services, doctore and other providers may want to use it to find out how to help an uninsure patient get access to further care.
Thursday, October 4, 2012
Turkey hits targets inside Syria after border deaths - BBC News
BBC News | Turkey hits targets inside Syria after border deaths BBC News Turkey has renewed firing at targets inside Syria after two women and three children were killed by shelling from across the border on Wednesday. Several Syrian troops were killed by Turkish fire, a UK-based Syrian activist group said. Syria says it is ... Turkish resumes artille ry strikes at Syrian targets; PM's aide says no intent ... Turkey fires on Syrian targets after deadly shelling from Syria Turkey strikes targets in Syria in retaliation for shelling deaths |
Tuesday, October 2, 2012
France, Germany clash over EADS-BAE headquarters: sources - Reuters
Telegraph.co.uk | France, Germany clash over EADS-BAE headquarters: sources Reuters BERLIN/LONDON (Reuters) - France and Germany have collided over the location of the headquarters for a new aerospace giant to be formed from a planned merger of Europe's EADS and Britain's BAE Systems (BAES.L), sources familiar with the matter ... France, Germa ny argue on HQ of aerospace giant France and Germany clash over BAE-EADS headquarters France Seeks More Government Influence Over Merged EADS/BAE |