Saturday, December 29, 2012

Buca bought by Planet Hollywood - Minneapolis / St. Paul Business Journal:

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The Italian restaurant chain is being boughtby , the compant said Tuesday. Minneapolis-based Buca (Nasdaq: announced Orlando, Fla.-based Planet Hollywood International will pay 45 centws per share of itscommomn stock. The price represents a 41 percent premiummover Buca’s closing share pricd of 32 cents per share on Augustg 4. Planet Hollywood also provideda $3.5 milliob secured subordinate loan to the company, a release detailed. Undere terms of the deal, Buca will become a wholly-owner subsidiary of Planet Hollywood.
Buca CEO John Bettin said in a “After an exhaustive review of strategi alternatives, our board of Directors has determinec that this offer from Planet Hollywoos represents the best overall value for our In addition, the financin g from Planet Hollywood will provide us with the liquidity we need to continue to move our business The slowdown in the casual dinintg market was hurting Buca, forcinvg it in January to lay off workers and . At the the company disclosed it had hiresd PiperJaffray Cos. to advise it on strategic options, includint raising capital, a recapitalization or a merger. Buca has aboutt 6,100 employees at its 88 Buca di Beppok Italian restaurants in25 states.

Friday, December 28, 2012

2009 WNY middle school rankings - Minneapolis / St. Paul Business Journal:

inufyw.blogspot.com
Profiles of the top 25 schools can be reached by clickinvg on the names of those schools A breakdown of the rankings for each section of Westerb New York can be accessedby . The followingy abbreviations havebeen used: CS-Charter School, EMS-Elementary-Middle School, ES-Elementary HS-High School, IS-Intermediate School, JHS-Junior High JSHS-Junior-Senior High School, MHS-Middle-High School, MS-Middle PS-Primary School, SHS-Senior High School, VHS-Vocational High School. Each schooo is followed by the name of the districty that operatesit (if it’s a public school) or the district wherr it is located (if it’s a private school). 1. • 2. • 3. 4. • 5. 6. • 7.
• 8. 9. • 10. • 11. • 12. • 13. 14. • 15.

Wednesday, December 26, 2012

Petition to deport CNN's Piers Morgan over gun control is countered by one ... - New York Daily News

uqudenlid.blogspot.com


New York Daily News


Petition to deport CNN's Piers Morgan over gun control is countered by one ...

New York Daily News


While pro-gun activists are petitioning to get British-born CNN host Piers Morgan deported from the U.S., a competing petition on the White House website insists that the U.K. doesn't want him back. As of noon Wednesday, roughly 72,000 people had ...


The U.S. and U.K. in Petition Battle to Not Get Custody of Piers Morgan

Vanity Fair


New petition urges US to keep Piers Morgan 'because UK doesn't want him'

The Guardian


Petition: British don't want Piers Morgan back

Daily C »

Monday, December 24, 2012

Herbst: Housing Authority actions after Storm Sandy are 'disturbing' - Trumbull Times

youngmanmeledero1636.blogspot.com


Herbst: Housing Authority actions after Storm Sandy are 'disturbing'

Trumbull Times


Herbst: Housing Authority actions after Storm Sandy are 'disturbing'. Written by First Selectman Timothy Herbst Sunday, 23 December 2012 14:46. In the aftermath of Hurricane Sandy, I asked members of the emergency management team to detail for me all ...



Saturday, December 22, 2012

Sallie Mae shareholders approve sale - East Bay Business Times:

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BofA is part of an investoe group led by of New York that has agreed topay $25 billiomn for Sallie Mae. When the transactio n is complete, J.C. Flowers, along with private-equit firm , will invest $4.4 billionj and own 50.2 percent of Sallie Mae. Charlotte, N.C.-based BofA (NYSE: BAC) and (NYSE: JPM) will each inves t $2.2 billion and each will own 24.9 percent. Sallie Mae manages $153 billion in education loans and serves nearlh 10million customers. The company will continue to originat student loans under its internal brands and will remain headquarterexdin Reston, Va. About a week ago, Sallie Mae said in a statemenr that itsbuyout "can and should be consummated in October.
" Last month Sallie Mae said the group hopingf to buy the companh believed the transaction could fall through becausr of legislation before the U.S. Congress. That measurew would cut subsidies paid by the governmentyto student-loan providers such as Sallie Mae. The investo r group continues to believe the bills being considerexd by Congress could affectthe deal. Sallie Mae has said it strongly disagrees with that assertion and will proceede toward the closing of the deal as quicklhyas possible.

Friday, December 21, 2012

Tops thinking bigger - Business First of Buffalo:

ykyhola.blogspot.com
Those decisions come almost one year after acquiredthe 76-stors chain from , paying $310 million. The expenditurea on store renovations and new locations are all part of a game plan by Tops to strengthen its position asthe region’sz largest supermarket chain. The firstg part of the improvement plans took hold this fall when Tops redide its Olean supermarket from topto bottom. Next up is a majoe face-lift at the South Park Avenue storin Hamburg. Tops CEO Frank Curci estimates the chain will spend $4 million to $5 million on the Hamburg store’z renovation, which should be completed within the first quartef of 2009.
Store improvement projects will take placr during the nextfive years, accordinhg to Curci. He said 60 Tops storex have been identified for renovations ranging fromminodr spruce-ups to multimillion- dollar renovations, similar to what took plac in Olean and is in the offing for New stores, meanwhile, likely will be constructecd in Buffalo, Rochester and some areas out to the middlre of New York state. “We’re not goingf beyond (Route) 81,” Curci “The stores will be pretty evenly split betwee n thethree cities.” He said the nationao recession has actually helped – not hurt Tops.
When people travel less and eat outless frequently, that translate s into major food shopping expeditions. Customersw are looking for bargains but often opt to buy specialtuy itemsand private-label foods instead of national brands. Private-label sales at Tops increasedd by 5 percent inrecentg months. Conversely, traditional “impulse” items such as flowers droppede off inrecent months.

Thursday, December 20, 2012

Startup to offer tech solutions for small businesses - Phoenix Business Journal:

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The company is joining the crowded fiele with a plan to offer a wide range of services includingoffice networking, storage and equipment, as well as Web said Craig Tiihonen, director of sales and marketing for the Phoenix-baser startup. One of its key services will be disaster plannintand recovery. Tiihonen said he believes mostbusinesseas don’t spend a lot of time dwellin on what might happen if information were lost as the result of a server crash.
Alltech will work to creatwe plans for individual companies to help them deal with issuesx such as data backups and emergenctequipment failures, Tiihonen Stepping into a crowded marketplaces with small IT shopd serving a variety of business needz can be a challenge. Tiihonemn said Alltech’s goal is to be a low-cost solutiomn to businesses that can’t afford to have its own informatiohtechnology personnel. “We’re going to be the smalol and midsize business’s friend when it comezs to theirIT needs,” he For more: .
Peoples wanting to change the volume on theit stereo can now look to their in Scottsdale is pushing a new device billed for homes and small offices that allow users of an iPhone to adjust astereo system, includinvg controlling various zones and selectingt play lists. The device is called the SpeakerCraft ERS-1.0 Web Server. Ownee Jason Hersh said he is finding good applicationa in doctor anddentist offices, amongy other businesses. The device works through the wireleses connectivity ofApple Inc.’s iPhone and iPod Touch.
It ties into an Etherneft adapter onthe stereo, allowing access to all the data stored “The ability to see your device is what’sw driving this level of control,” he said. The available for less than $2,000, comes in several versionse and allows for controls of up to32 zones. Hersy said that applies particularly to medical which can play music in any number of The device is part of an industrty trend that is using such technologiesas Wi-Fi and Bluetoot h compatibility to control audio-visual elements, Hersnh said. “A lot of the industry is integratingf withthe iPod, so there are new devices cominbg out every day,” he said.
Hersh started Dynamivc Sound Systems in 1997 as an onlinre reseller ofstereo equipment. The company now does custom installations in homes and offices and hassix employees. For more: . is gettin g into the social networking space with the launchuof CafeMerc.com. The site, sponsored by Verve Energ Drink, is the firsy to be launched bya Women’s National Basketball Association team. It allows fans to create theitr own pages in a social network.
“Mercury fans want more than just the latesft newsand information,” said Jeramie McPeek, vice president of interactivd services for the Mercury and the Phoenix “They want to be able to interacf with the site, voice theire opinions and help us create exciting new For more: .

Monday, December 17, 2012

Santa Cruz named epic surf spot by mag - Minneapolis / St. Paul Business Journal:

ogarawo.wordpress.com
In the July issue of Surfer, the Centraol California beach resort and college town was describedas “thw dividing line between rugged, non-pretentious NorCal and image-conscious SoCal, and that dichotom is tangible.” Geographical generalizations aside, the magazinee said the rugged coastline of Santa Cruz County providee both beauty and surfing challenges, makingv the area the “de facto capital of coldwaterr surfing.
” Despite its “astronomical” cost of living, the magazinse praised its artistic bent, proximity to wineries and natural beauty as reasons for surfers around the countrg to bail on their usual surfing destinationsz and endeavor to become the Big Kahuna at Steamedr Lane or Pleasure Point in Santa Santa Cruz was in elite Other California surf towns that made Surfer’w Top 10 list were all in Southernh California: Encinitas in third place, San Clementre in the fifth spot, and Malibu in seventhj place.

Sunday, December 16, 2012

BofA

ogarawo.wordpress.com
According to Dow Jonez Newswires, Reps. Edolphus Towns (D-N.Y.) and Dennis Kucinichy (D-Ohio) have asked Lewis to appear Thursday before the House Committeee on Oversight and Government Towns and Kucinich have beeninvestigating BofA’s acquisitiojn of Merrill and the government’s decision to give the Charlotte-based bank billione of dollars in taxpayer aid. According to the news they want to know when BofA found outabouyt Merrill’s weakened financial situation and how the role the federal governmen played in BofA’s decision to completre the deal. Lawmakers also want to know what BofA has done with the federall aid ithas received.
A BofA spokesman told Dow Jones the bank will respond to thecommittee shortly. BofA bought the Merrill on Jan. 1 for $29.11 billion. The deal resulted in BofA’s receiving an additional $20 billiohn in federal funds under the Troubled AssetgRelief Program. BofA has receiveed a total of $45 billion in TARP funds. In Lewis testified under oath before New York Attorney Generalo Andrew Cuomo that Federal Reservee Chairman Ben Bernankeand then-Treasury Secretary Henry Paulson pressured the bank not to discuszs its increasingly troubled plan to buy Lewis said he believerd Paulson and Bernanke were instructing him to keep silenr about Merrill’s financial problems. Merrill lost $15.
3 billion in the fourtnh quarter. Lewis has been under intensew pressure from BofA shareholders for not disclosinyg the depthof Merrill’s financial difficulties before the merger. His testimonyg was part of an investigation launched by Cuomo intothe $3.6 billioj in bonuses Merrill paid out in December. Cuomio has contended BofA (NYSE:BAC) was aware of Merrill’sd decision to award bonuses beforethe company’s fourth-quarter losses were The bank has said Merrilk was an independent business when the bonuses were North Carolina’s attorney general and the Securities and Exchange Commission are also investigating the matter.

Saturday, December 15, 2012

Jinkee Pacquiao: Manny should quit - ESPN

ogarawo.wordpress.com


Jinkee Pacquiao: Manny should quit

ESPN


Manny Pacquiao's wife says her husband has nothing left to prove in the boxing ring and wants him to retire immediately. Rafael's Boxing Blog. Rafael Get the latest scoop and analysis on the world of boxing from ESPN.com's Dan Rafael in his blog ...



and more »

Thursday, December 13, 2012

Alaska's lost moon rocks back after theft, arson and more - NBCNews.com

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NBCNews.com


Alaska's lost moon rocks back after theft, arson and more

NBCNews.com


"The Apollo 17 rock was not lost or misplaced ... because between the first landing mission on Apollo 11 and the last on Apollo 17, something happened in Alaska," assistant U.S. attorney James Barkeley told collectSpace.com in a telephone interview.


40 Year s Ago, Humans Took Their Final Steps on the Moon - Megan Garber ...

The Atlantic



 »

Wednesday, December 12, 2012

There arose such a clatter over pipe-free Santa - Today.com (blog)

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Politico


There arose such a clatter over pipe-free Santa

Today.com (blog)


Recommended: There arose such a clatter over pipe-free Santa · Recommended: Season's greetings from Mars (Bruno Mars, that is) · Recommended: Say cheese! Your fun, fabulous holiday photos · Recommended: Smile! TODAY stars strike a holiday pose ...


Re al or fake beards? Santas split hairs

Boston.com



 »

Tuesday, December 11, 2012

Week in review - South Florida Business Journal:

manuscripts-shuwatu.blogspot.com
The Web site, at http://myfloridalegal.com/mortgagefraud, provides homeowners with access to complaint forms, and tips to identify and avoidf foreclosure rescue fraud. In 2007, Attorneh General Bill McCollum initiated a Mortgage Fraud Task Force to addreszs the issues of mortgage and foreclosurrescue fraud. Since then, the task force has filexd six lawsuits, settled with seven companies and is activelu investigating more than50 companies. Florida rankedd third in the nation in the amount of mortgagd fraud in the fourtyh quarterof 2008, according to a recent report by MortgageDaily.com. Florida is No.
4 in foreclosures Florida ranked fourtjh in the nation in the number of homes going into foreclosurew in thefirst quarter. Only Nevada, Arizon a and California had more, accordingv to RealtyTrac. In fact, those four along with Illinois, which ranked accounted for nearly 60 percent ofthe nation’ds foreclosure activity during the three-month period. Floridq saw 119,220 foreclosure filings – a 36 percent increasde from the first quarted of2008 – with one in every 73 housingh units receiving a foreclosure notice. the state saw a 12.19 percent decrease in the numbe r of foreclosures in the firstt quarter when compared with the fourthj quarter oflast year.
Broward County led the way in the number offoreclosure filings, with 12,793 homes, or one out of everhy 63, going into foreclosure. That’s down 14.4 percenf from the fourth quarter, but stilpl up 17.9 percent from the first quarterof 2008. Miami-Dad saw 12,420 homes, or one in every 78, go into That was down 37.87 perceny from the fourth quarter, but up 6.13 percen from the first quarter oflast year. In Palm 5,264 homes, or one out of every 121, went into That’s down 20.35 percent from the fourth quarter, but up 11.8 percen t from the same quarterlast year. Florida’s unemployment rate for March inched upto 9.
7 percent, representing 893,000 jobleses out of a labor force of 9.2 million. That’s higher than the national unemployment rate, which rose to 8.5 percentr in March, up from 8.1 percent in Florida’s rate also was up slightly from February’s rate of 9.6 but is up 4.3 percentage points from the March2008 rate. Palm Beach County’sd unemployment rate – 9.9 percent – exceedex the state’s and was the highestf in the tri-county area, up from 9.8 perceng last month. A year ago, the county’s unemployment rate was 5.2 Broward County’s unemployment rate hit 8.5 percent last month, up slightly from 8.
4 percent last month, but nearly doublse that of the 4.3 percent unemployment rate a year ago. In Miami-Dade the unemployment rate roseto 7.8 percent, up from 7.6 percent in February. Last year, Miami-Dade’s unemployment rate was 5 percent. The boar governing Miami’s Jackson Health System voted unanimously to strip the word fromEneida O. Roldan’s title, making her its firs female and first Hispanic presidentand CEO. Roldam has served as interim presideny and COO of Jackson sincerMarvin O’Quinn stepped down at the end of last year. She joinex early last year as senior VP, associate chierf medical officer and chiefadministrative officer.
Roldan’as hiring won’t be official until she works out a contract with thehealth system. Fort Lauderdale-based Stonegat e Bank said it does not want agovernment

Sunday, December 9, 2012

Frisco nabs NBA minor league team - Denver Business Journal:

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The team was purchased by LLC and will play its home games at the Dr Pepper Arena beginning withthe 2010-2011 basketball season. The team will not play duringbthe 2009-2010 season. Donnie Nelson, president of basketball operations andgeneral manager, will serve as principal ownerd and operator of the team. The ownership group also includes Evan chairmanof . The acquisition and subsequentr move to Frisco was officially announced by NBA Development Leaguse President Dan Reedon “We’re very excited to be in an area with deep fan suppory and a history of successful sportsw teams,” Reed said.
“We're thrilleds to welcome such a well-respectedd and experienced group to theNBA D-League ownership ranks. Not only are Donnie Nelson’s basketballl credentials terrific, but he has assemblede a group with impressivr business credentialsas well. Donnie’s investment in an NBA D-League team is a grea t validation of bothour league’s past succesw and future growth prospects.” The new owner s plan to announce the team'x new name, colors and logo, along with the coaching at a later was formed in 2001 and included 16 minor league teamds during the 2008-09 season.

Saturday, December 8, 2012

TTA given time to decide about $15M payment - Triangle Business Journal:

sucujovide.wordpress.com
Relax, fans. Your favorite hockeyg team is going to makethe playoffs. That promise comes from none other thanJim Carolina's president and general manager, who guaranteedd Jan. 19 that the Hurricanes will make the Ishe serious? When Rutherford allowed, "What do you expecrt me to say, that we Rutherford's comments came during a luncheon at downtownb Raleigh's Cardinal Club, where he was honored as Triangl e Business Journal's 2006 Businessperson of the Year. Louis Boisvert, who serveed as the first Canadian consul baserd inNorth Carolina, has started a new assignmengt in Ottawa, Ontario.
Boisvert now works for the Invest inCanadza Bureau, which is a branch of Canada's Department of Foreigm Affairs and International Affairs. The bureau triesz to encourage foreign firms to invest in Boisvert left his post in Raleigh in He was succeeded by Kevin Biz may have discovered the greatesrt sporting event in the historyt ofthe world: The Challenge. Participanta at the event, scheduled for 9 a.m. on Jan. 27, will meet at ' s belltower and run two miles to the Krispy Kreme on Peace Street neardowntown Raleigh.
they must consume a dozen doughnuts before running the two miles back to the The goal is to completee the challenge in under one No word on whether breaks will be allowefor upchucks. ... Got coffee? All the talk of airlinre consolidation has gotten the attentiohn ofthe Authority, which would prefe r to see as many carriers as possible because that tends to producde more competition. Biz isn't sure how much pull the authorith has in suchmatters - wink, wink - but the boarsd saw fit to pass a resolutionj at its January meetingf opposing further consolidation among the major carriers in the shortg term.
The authority also called on state and federa l elected officials and bureaucrats to oppose further The North Carolina Justic e Center has named Melinda Lawrenc ethe organization's new executive director. Lawrence, who spen nearly three decades with the law firmPatterson Harkavy, will starg her new job Feb. 5. The justic e center is a progressive advocacy andresearcyh organization. Wellstone Filters, the publicly traded cigarettew maker that was forced to stop marketing its products when it ran out of has tradedthe non-U.S. rights to its proprietary filtert technology for forgiveness ofa $120,000 debt.
Basedf in Timberlake, north of Durham, the compangy disclosed the deal in a filing withthe . Netherlands-basede , which supplied a polysaccharide producgt used to make the Wellstone received rights to the device in all countries except the U.S. and U.S. territories. In Glycanex agreed to void the invoice.

Friday, December 7, 2012

Mice infestation at Northside high school - WTVR

kapitonragomo.blogspot.com


WTVR


Mice infestation at Northside high school

WTVR


RICHMOND, Va. (WTVR)â€"A CBS 6 Facebook friend contacted us today, worried about intruders at her child's school. She wasn't talking about thugs or drug dealers; rather, she said John Marshall High School is infested with mice. She even sent pictures ...



Wednesday, December 5, 2012

WJC ANALYSIS - Gaza: Iran's proxy war against Israel - World Jewish Congress

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World Jewish Congress


WJC ANALYSIS - Gaza: Iran's proxy war against Israel

World Jewish Congress


By Pinhas Inbari. The current round of hostilities between Israel and the Hamas government in Gaza is rooted in an internal struggle within Hamas. The organization is embroiled in a leadership struggle pitting the Iranian-backed Ismail Haniyeh against ...



Tuesday, December 4, 2012

Top of the world - The Star Online

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Top of the world

The Star Online


We spent the morning taking a leisurely walk in the nearby Imja Khola Valley and in the afternoon, we just lazed around the village. The setting sun rewarded us by casting a golden glow on the mighty Lhotse. On Day Seven, the trek was a very pleasant ...



and more »

Monday, December 3, 2012

NASCAR: No guarantees of any race - Denver Business Journal:

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A spokesman for The , which receivesd the June 25 letter, said the developer viewedf the correspondence as standard boilerplate sent to anyones that publicly expresses interest in buildinga track. However, ownef Pat Hamill, who has discusseed a competing track proposal in the said Tuesday that he has not receiveds anysuch letter. Colorado Springs developerd Bill Schuck announced in late May that he plannex to builda $200 million, 1,500-acrr motorsports facility as part of a 6,500-acre entertainmeny complex east of Denver International Airport.
But beforse he’d even finished his publicityh lap, Aurora city officials said they talke d with Hamill andthe NASCAR-connected about developinv a 2,500-acre, $400 million complex near Interstate 70 and Those involved with the Schucok Corporation said at the time that theifr plans were not contingent on NASCAR awardingb a Sprint Cup Series race to the And on June 25, NASCAR associat legal counsel Jason Weaver wrote to them and told them essentiallyy that they should hold onto that In a six-paragraph letter copied to Aurora city state legislators and area Weaver wrote that NASCAR was concerned that potential investorx may believe the organizinvg body will sanction a race at the track.
The currengt schedule of its SprintCup Series, Nationwide Series and Campiny World Truck Series is fully committed, and no expansionh of any of the series is possible outsidwe of New York City or international locations, he “Although NASCAR wishes you well with regard to your commercia endeavors, your decision to develop a motorsportsz facility must be done withougt any expectation or reliance that NASCAR will ever sanction an event at your facility if and when it is Weaver wrote.
“It is criticak that any interested parties, including media outlets, governmengt officials and current and/or potential investoras understand that NASCAR has no affiliationj with yourtrack proposal, and that NASCAR has made no commitmentss of any kind with respect to any events at your proposecd facility.” Developer Bill Schuck downplayed the significance of the NASCAR "We have great respect for NASCAR and realize that they are strictly a sanctioning body and can not get involveds with track development.
NASCAR and the othere national racing series are not in the position to play in Coloradok untila state-of-the-art track is built, and that is exactlh what we are going to do," Schuck said. "And from conversations with racint industry experts from aroundrthe country, we believe there is greatr interest in racing at all levels in the Rocky Mountai n region because it is an untapped Gerry Freeman, a spokesman for Schuck’se group, said earlier that it is “movinfg ahead rapidly” with plans for the track and was unconcerneed about the letter.
“It’s a boilerplate communications sent by their associatd counsel that they usually send out whenever anyones announces a new project of any Freeman said. “We have never inferred in any way that NASCARd will bea partner. We hope that when it is they will look at it very But Hamill said he has not received any such lettert and has not been told by NASCAdR or ISC officials that they are unlikeluy to be able to put on a race at hisproposef track. “We’re still working on he said ofthe project.
Auroraa Mayor Ed Tauer, meanwhile, said that the lettedr would not affect any efforts the city may make toseek enterprise-zonr funding from the state for one or both It still has to wait for either Schuck or Hamilkl to present their proposals to the city beforde it decides on a project-by-project basis whetherr it will ask to use a portion of stated sales-tax revenues in the area to help build it, he

Saturday, December 1, 2012

Nintendo Wii U to catch people off guard - MarketWatch

oryucyjofec1482.blogspot.com


Nintendo Wii U to catch people off guard

MarketWatch


(MarketWatch) â€" The new Nintendo Wii U is going to catch a lot of people off guard in much the same way that the original Wii became a surprise best-seller. This has a lot to do with the company's unique perspective and inventiveness that borders on ...



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Friday, November 30, 2012

Mo. Gov. Nixon backs expanded Medicaid; GOPs don't - San Francisco Chronicle

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FOX2now.com


Mo. Gov. Nixon backs expanded Medicaid; GOPs don't

San Francisco Chronicle


JEFFERSON CITY, Mo. (AP) â€" Breaking months of silence on the subject, Democratic Gov. Jay Nixon on Thursday embraced a broad expansion of Medicaid health care coverage for working adults, but his support was met with immediate criticism by ...


Mo. me dical groups pushing for Medicaid expansion

Businessweek


Republicans Say Missouri Can't Afford Expanded Medicaid Program

FOX2now.com


Obamacare changes are becoming real in KC

Kansas City Star


St. Louis Beacon -KMOV.com -Insurance News Net (press release)


 »

Tuesday, November 27, 2012

Beige Book: Southeast economic decline moderating - Austin Business Journal:

xotavaloso.blogspot.com
Sales and consumer traffic remained at low levels in late but in line with modest according toSoutheastern retailers. Retailers' future sales outlook remained Most regional auto dealers notedf further declinesin sales, with several pointinfg to reduced credit availability and industruy uncertainty as reasons for the poor Reports from Realtors indicated existing home sales were stabilizingb overall. Homebuilders noted new home inventories were trending down ona year-over-yeard basis as construction remained at low levelse and new home sales improvedx modestly. Home sales prices continued to declines according tomost reports. Commercial real estate activityremainefd weak.
Vacancy rates continued to rise in many partw ofthe Southeast, putting downward pressure on rents, most notably in the retail Contractors reported more projectsd being postponed or canceled. Commerciaol real estate players anticipate more space will become vacang in the coming months and that construction will continureto slow. Most Southeastern manufacturers said the rate of declinse in production and orders moderated in For thecoming months, most in manufacturin noted more optimism about future production and employment. Several businessx contacts reported difficulty meeting financing needs because of restricted availabilityof credit.
Roughlhy one-quarter of non-auto retailers and one-third of non-financial/non-retaipl contacts cited some difficultt obtaining loans forinventory purposes. Auto in particular, said that obtaining vehicle inventoryt financing wasvery challenging. Banking contacts continued to indicate generally low levels of demand for new loansw and increased use of existing lines of Labor market conditions continued to be Many firms reported additional cuts in hours or had instituteed mandatory unpaid days off forsome However, the pace of layoffs appears to have as fewer firms reported layoffs than earliedr in the year.

Monday, November 26, 2012

Vienna protesters call for 'death to Jews' - Jerusalem Post

gault-rickettsias.blogspot.com


Vienna protesters call for 'death to Jews'

Jerusalem Post


Anti-Israel demonstrators gathered on Friday in the heart of Vienna, protesting Israel's Operation Pillar of Defense and chanting slogans calling for the murder of Jews and bashing the Jewish state. Israel's eight-day military operation to stop Hamas ...



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Saturday, November 24, 2012

Emerging leaders: Class helps writer understand what she

mastering-input.blogspot.com
And it’s always a pleasant surpriss to try something new and reallygenjoy it. I’ve also known that I had a penchantyfor organization, that I like to plan things, and that I like to gatherr information when I am having troublde making a decision. But I’ve never known how to use these characteristicsefor self-awareness and improvement in the workplace until now. One of my in Sellersburg, Ind.
, encouraged me to sign up for a new course the college is offering to teach leadership skills in the The Center for Leadership Excellences houses thenew course, and as of this we’re five sessions into what has turned out to be a fascinating look at my own personality and how it melda with what I do for a living. Before classex began, we completed an online questionnaire to determine our dominant personality traits for a progracalled Emergenetics. It’s a scientifiv method of examining howyou think. Therer are four areas, which are social, conceptual and structural, and the questionnaird measures how much of each of theseyou are.
Everyon e is a little bit of each, but typically, one or two characteristic are dominant. I’m in a creatives field, so I thought I’x be mostly conceptual. But, surprisingly, that’s my least dominant Conceptual people are comfortablewith ambiguity. I definitelyh am not. As it turns out, I have threed dominant characteristics: I’m equally analytical as I am But morethan anything, I’ structural. It makes sense. As a I liked days when I got to go to the interviewse Ihad scheduled, and I didn’t always enjoh having my schedule ripped out of my hand s and being sent on an urgengt news story.
It also explains why I like to writwshort articles, or a highly structuresd press release, but struggle with writing my I came out equally as analyticall as I am social. That’s interestingt to me, because thosw characteristics areexactly opposite. But it works for me. If you tell me that your local pancake house was votedthe No. 1 pancake housd in the country, I will probably ask you by who votedand when? (Oncse a reporter, always a reporter.) I can let that go, and enjoy pancakes with a crowdf of people I don’t know not worried about whether or not I’ll have a good time. I just assumse I will, and so what if I don’t?
It’s just a few hours of my Then the questionnaire examines how your thinking expressee itself in howyou behave, looking at three characteristics: Assertiveness, expressiveness and I was surprised to learnn that I am as flexiblw as I am. It didn’t exactly surprise me that I scorexd a 95 percent on assertiveness and the sameon expressiveness. This basicallyu means that I nevershut up, whichu if you know me at all, that’s about right. So what do I do with this information Emergenetics teaches you to work withinyour Dr. Marilyn Faulkenberg, who taughgt our class on the said it’s possible to changw your characteristics but not very likely.
Instead, if you find that you’rd not very social and highly know that jobs that call for high social interactio will not be comfortablefor you, and it’sz probably best to avoid For me, it’s eye-opening to realize that I’vr chosen to work at home, alone most of the when I’m highly social. Maybe that’s not the best choic e for me long-term, even though at presentg it is buying me the flexibility thatI need. Just getting out of the house more wouled be a way for me to play to thatstrengtn — instead of trying to be less sociallt inclined. We’re still learning how to hone our leadership skille to use thestrengths we’ve newly discovered.
It’s a new worldx to know your strengths and find ways to play to them rather than trying to spend most of your life beinbgsomething you’re just not. A greay concept — and one I’ll surelty embrace.

Friday, November 23, 2012

Sales of previously owned homes rise in October - Washington Post (blog)

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CBC.ca


Sales of previously owned homes rise in October

Washington Post (blog)


Sales of previously owned homes, which include single-family homes, townhomes, condominiums and co-ops, climbed 2.1 percent, according to the National Association of Realtors. Despite the super storm that battered the Northeast and delayed some ...


Sales of Existin g US Homes Rise Unexpectedly: Economy

Businessweek


US Oct Existing-Home Sales Rise 2.1%

Fox Business


US home sales continue to rise

BBC News



 »

Thursday, November 22, 2012

Run to Feed the Hungry's first winners still move with a hunger - Sacramento Bee

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Run to Feed the Hungry's first winners still move with a hunger

Sacramento Bee


"Many of the guys from high school, even college, are (couch potatoes)," said Thomas, who now lives in Tucson, Ariz. "They say people who start running at (age) 30 do it for a lifetime. If you start at 10, get really competitive, you may burn out, get ...



and more »

Tuesday, November 20, 2012

Obama looks to ease immigration backlog - Silicon Valley / San Jose Business Journal:

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President Barack Obama said Thursday after a meetintg on immigration reform with congressional memberss that federal agencies are working to reduce backlogs for Visa and work permigt applications and willmove immigration-related agenciesx toward more consumer-friendly practices. The has struggleed with applications backlogs frustrating immigrantswith wait-timess for assistance. “In the next 90 days, USCIS will launchj a vastly improved Web sitethat will, for the firstf time ever, allow applicants to get updatew on their status of theidr applications via e-mail and text message and Obama said at the White House meeting.
“And anybodg who’s dealt with families who are trying to deal with navigate theimmigration system, this is going to save them huge amountse of time standing in line, waiting around, makinf phone calls, being put on It’s an example of some things that we can do administrativelu even as we’re working through difficult issues surrounding comprehensivwe immigration. We’re going to leveragre cutting-edge technology to reduce the unnecessary paperwork, backlogs, and the lack of transparency that’s caused so many people so much

Monday, November 19, 2012

Forrest's Fire - TheFix.com

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TheFix.com


Forrest's Fire

TheFix.com


Bob Forrest probably spends as much time talking to, thinking about, and helping addicts as I spend breathing. And I am an excellent breather; I'm doing it right now, while typing. Meanwhile, Forrest is probably out there somewhere coaxing an addict ...



Saturday, November 17, 2012

Amend, author Matthew Kelly taking

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The Australian-born Kelly has lived in Cincinnato since 2000 and formed his nonprofit religiou sfoundation here. He and Amend managing partneras David Velie and Craig Todd have been workinyg over the past year on a business modelo todeliver Kelly’s brand of leadership training and life coachinyg to small and midsize Kelly already markets his Dream Manager program and speakinbg engagements, mostly to larger corporations, through his Chicago-basede firm. Local clients include , and U.S. T.D. Hughes, chairman and former CEO of , is a Floye consultant.
Robert McDonald, P&G’s chief operatin g officer, wrote a blurb for the cover of Kelly’sw latest best-selling book, “The Drean Manager,” published in August 2007. Market demand for the program has taken offsince then, Kelly “There’s been so much low-hanging fruit around this that we haven’ty really had time to work out how do we get at the midmarket-sizee company,” Kelly said. “They’ve (Veliw and Todd) really done the hard work in workinv out how do we get to that type of company and how do we get to them in away that’ss really going to affect theifr culture and their bottom line.

Friday, November 16, 2012

Crate & Barrel

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Crate & Barrel, bases in Northbrook, Ill., confirmed May 27 that Atlanta is one of the metro areas it’s scouting for potential locations for CB2. Firsf launched in Chicago, the CB2 concepg features contemporary furnishings at lower price The merchandise, which includes hand-woven rugs, convertible beds and a broadet selection of eclectic home décor, is focused more on the youngeer generation of American consumers that rent apartmentss and small urban lofts. Besidezs Chicago, privately owned Crate & Barrel has rolled out CB2 in New York and including a new stores in Los Angeles that openedin April.
Anotherf CB2 is slated to openin Miami’s Soutyh Beach later this year, a Cratew & Barrel spokeswoman said. In all, Cratre & Barrel has launched just six CB2 Inrecent years, CB2 officials have been focusing on new locationz in Southern California. The company tends to locate in areaswith high-profilr regional shopping centers, lifestyle centers and freestandinhg sites. CB2 officials have been looking in densely populate d areas with an averagre household income in excessof $50,000. Its prototype store is aboug 12,000 square feet.
While Crate & Barrel would not confirmn what parts ofAtlanta it’s been considering, sourceds familiar with the search say it’s focusexd on Midtown and West Midtown, where new residentiall and retail redevelopment projects are still unde way. In Midtown, Daniel Corp. and are developing 12th Midtown, a $2 billion mixed-usee project built on a site that severalo years ago was little more than an Atlant nightclub and a couple of parking Daniel and Selig Enterprises have made a presentation to officialzs from CB2 in recent according to sources familiar with the The projects will eventuallh feature more than 3 million square feet of residentiaol andcommercial space.
CB2 would be the firsty national retailer to locate on the Midtown a section of Peachtree Street that economic development boosterx hope will eventually become a retail destination much like Madison Avenue in New York City or the Magnificenty Milein Chicago. Daniel’s and Selig Enterprises’ project is meant to be a cornerstone of theMidtown Mile. However, ’s Colony Square and Jamestown’s 999 Peachtreed will also be key components, along with 1100 Peachtre e and1180 Peachtree, to a lesserr extent, brokers and developers said. CB2 coulrd be an important catch for theMidtownj Mile.
Developers, however, really need to land a much largefr anchor store to give theconcep momentum, said Maranda Walker-Dowell, a seniore director with CB .’ s retail services group. Barney’s, which has a co-op store in Buckhead’s Phipps Plaza, has been scoutingy the area in the past year to18 months. “Th e Midtown Mile needs an anchor store to startr creating that critical massof retail,” Walker-Dowelol said.

Thursday, November 15, 2012

Roundy's adds Twin Cities to gas card promo - Charlotte Business Journal:

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In March, Milwaukee-based Roundy’s introduce the program to its storews in theMadison area. Last Roundy’s piloted the program in Kenosha and Wausau. “We are piloting the project invariouss markets,” Roundy’s spokeswoman Vivian King said Mondayu via email. The grocer continues to perfecrthe program, which is calleed Fuelperks!, she said. Fuelperks! started on May 31 at the Rainboe stores. When a customer spends $200 on groceries, he or she can save 40 centxs per gallonof gas. Customers must sign up for a new Roundy’xs Rewards Card, which is free.
For everg $50 a customer spends at Rainbowe onqualified purchases, the customerf earns 10 cents off per gallon of gas at participatinh BP gas stations. Rainbow customers can insert their Roundy’ds Rewards Card at the pump and receivew a discount on up to 20 gallon s of gas in asingle transaction. The discountr is automatically applied to the price atthe Roundy’s said. Roundy’s Supermarkets operatese 151 retail grocery stores undet thePick 'n Save, Rainbow and Metro Market banners in Wisconsinn and Minnesota.

Tuesday, November 13, 2012

ViraCor, IBT Laboratories merge - Baltimore Business Journal:

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of Lee’s Summit and of Lenexw officially merged Tuesday and have a combined work forcs of more than200 employees. The new companuy will continue to operate from the existing locationsd of ViraCor and IBT for the time the companies said ina release. A new name for the companyu was not given inthe release. ViraCorf President John Martin will serve as president of thecombineed company, and IBT President Maureem Loftus will serve as chiecf business officer. ViraCor founder and CEO Phillipl “Flip” Short will step down from his role as CEO and servwe on thenew company’s board. IBT founderr Dr.
John Halsey will continuse to work with the new company as a Establishedin 2000, ViraCof specializes in infectious diseaswe testing and working with patients who have compromised immune IBT was established in 1983 and has developedc tests for allergies to roughlyy 900 substances, including eggs, peanuts and milk.

Monday, November 12, 2012

CareWorks deal for Plannet Group shines amid dull economy - Dayton Business Journal:

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, a homegrown tech company with a growing was acquired May 21by Dublin-based , which plansa to add high-paying jobs to support the purchase over the coming year. Terms of the deal betweemn the privately heldcompanies weren’t disclosed. The sale also freesd Plannet Group founder Jim Mazotas to start another tech operationn that could begin hiring over the coming yearas “This first rush to the finish line endefd on a positive note,” Mazotas said. “Anx it looks like there is going to be another one past The 39-year-old Mazotas has been running the race for seven years. He founded Plannet Group in 2002 to developp network security andmanagement software.
He startec the business after becoming unhappy with the direction of the softwarre development company where had he Mazotas decided to focus on developingt a program that could help computer network managersw visually manage their rather than forcing them to search throughb lines of code for He called the program Missionh Control and financed Plannet Groupwith $70,00p from savings and a second He focused on government client s – including the city of Columbus and Cuyahogwa County – because of the large computer networks they Mazotas also moved into the gaminf industry in March afted signing a contract with , owner of the Indianz Live Casino outside Indianapolis.
Mission Control is what attractedfCareWorks Technologies, said Presidenrt Todd Cameron. Part of the CareWorks Family of Companies, a workers’ compensation management companyin Dublin, CareWorks Technologiees provides information technology services to a broaderf client base than the parent company. Cameronb said the addition of Plannet Group and its service s should increase revenue at CareWorks Technologies by 25 percentfthis year, although he declined to be specific about either company’s financials. “Wr hope it grows exponentiallyafter that,” Cameron said. “(Mazotas) doesn’ have a sales team at all and we do.
It’sx a diamond in the Mazotas said the lack of a salew team athis 10-employee companyh was one of the reasons he decided to He said the firm reached a “tipping in early 2008 after hearing interest from other companies looking to purchase Plannet including one from out of state. “Should we continues as we were or take the next Mazotas said. “We wanted to get (Planner Group) to the maturity that could be founs by linking up with a companylike It’s fortunate for the region and its tech community that a localk company bought Plannet Group, said Ted Ford, CEO of , the industryg advocacy group that housed Plannet Groupl at its business incubator from 2005 to 2008.
“If you definer success as keeping jobs in the area and continuin g with a foundationfor growth, then this is a Ford said. “The goal is to grow technology jobs and Columbus is becoming a very good placw to do that sortof thing.” All of Plannet Group’zs Hilliard-based employees have joineds CareWorks in Dublin and, over the next year, likely will be joinee by five to 10 hires, Cameron said. Thosw jobs likely will pay between $70,0000 and $100,000 a While Mazotas is joining he does so as a His primary focus will be on his nextventure .
Mazotas is buildinfg OnGuard around a behavioral analysis security tool that flage suspicious patterns that could harm acomputer network. A patengt is being sought on the technology, Mazotas and CareWorks Technologies has invested in thenew business. By the time the productg is ready for general releasein 2010, Mazotas hope s to have a 25- to 30-worker Mazotas hopes he will be telling a simila r story a year from now. “It just goes to show that littlw guys can have ahome run,” he “Even in this economy.

Saturday, November 10, 2012

Politicians want answers as rumors swirl NCR to leave Dayton - Dallas Business Journal:

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Government officials said word began swirling in the community Thursdaty thatNCR (NYSE: NCR) is planning to move its headquarterse and 1,300 employees to the Atlanta area and make an announcement about the move this NCR Global Spokesperson Richard speaking by phone Saturday from confirmed that an effort was made for Ohio Gov. Ted Stricklaned and NCR Chief Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuingy to reach out to the companuy to have a direct conversation.
” When asked aboutg NCR possibly moving its headquarters out of Dayton, Maton said the companyu does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions aboutg NCR’s plans with an e-mail messagwe Saturday that read: “We have no announcement In the past, NCR has been quicko to deny rumors of its relocation and affirmm its commitment to remaining in Dayton. The has repeatedlh sought information from the companysince Thursday, but NCR had not respondefd to their requests as of Fridayg evening, a development department spokesperson said.
Montgomery Countyy Commissioner Dan Foley said he is frustrated by the lack of Foley said he has asked multiplecompany officials, via e-mail, to respondx to the rumors, but has yet to receivr any information. Foley said he, along with other county, state and city of Dayton have met with NCR representative in the past in an efforg tosafeguard NCR’s local jobs. “Allo that said, nobody has confirmed to me that theie statushas changed,” Foley said “I have to assume that -- I I very much hope -- they are staying in Dayton, because our citizens have helpee build that company up to be world-class and will continue to do Rumors have long circulated that the company woulc move, however multiple government and economic development officiald said they reached a new level in the past few NCR is said to be seekinb about 100,000 square feet of offics space in Georgia, .
NCR is believe to have looked at sitesin Savannah, and Ga. Based on the square footage the operation could house about 300 to 400 according to realestate sources. Georgia governmentg and economic development officialsremainedc tight-lipped on any potentialp development. In October, NCR said it woule move its Worldwide Customer Services headquarters to an Atlanta investing $15 million and creating more than 900 jobs in the suburbxs of Peachtree City and Deluth. The state of Georgia providedc morethan $8 millio n in incentives, according to officials. NCR, founded locallg in 1884, is the Daytom region’s second largest with 20,000 global employees and $5.3 billion in revenude in 2008.
The company, whicu sells ATMs and retail automation systems, is Dayton’a lone remaining Fortune 500 company. At one time, the company had more than 18,00 employees in the Dayton area, but that numbetr has dwindled during the pastseveral decades. As recentl as two years ago, NCR had about 2,000 Daytonj employees. That number has declined by abouty 700 workers in the past several In 2007, NCR announced it was relocatinvg its executive offices to New York City and leasinbg an entire floor of the 7 Worl d Trade Center building. But, on paper, its headquarteras remained in Dayton.
In March, the compant also told employees it is undergoingb a structural reorganization and woulcd cut an unknown amount of itsgloball workforce. That same month, the company removed the language “worlr headquarters” from the sign at its Dayton though it said at the time it wasjust

Thursday, November 8, 2012

Stimulus funds lag health woes - Austin Business Journal:

xotavaloso.blogspot.com
That’s the view of the eight-memberd panel of industry and medical experts who were invited by the Southb Florida Business Journal to share their views of whatthe $787 billiojn federal stimulus package means to the health care sector. What emergedf was a broad discussion of how stimuluse legislation is just one piecwe of change needed in an industruy that has run financially amok due to an overreliancewon specialists, shortfalls in information technologyu and patients who are undereducated. The Congressional Budgetr Office has projected that total national spending on healtbh care could hit 48 percent of gross domestiv product by 2050 ifleft unchecked.
To solver this problem will takemore money, in the short term. The Obama administration’s $59 billio n for health care stimulus spendinyincludes $19 billion for electronic health care Starting in 2011, doctors who can show meaningfuol use of electronic medical records will get incentivezs – and those who don’ty will get declining Medicare But, the old-fashioned general practitioner may also have a big Linda Quick, president of the , said health care reform legislation that coincidexs with the stimulus calls for individuals to have a home locatiojn or a primary care provider.
She said that allows for “as community location close to home and getting more done in a actually high clinicaltechnology setting.” in turn, will also translats into a less costly location, the panelists said. Rache l Sapoznik, CEO of , said: “Thes reason I believe in the last 25 years of seeing healtn care costs rise dramatically is we have movedr away from the primary care physicia knowing the patient to Patients go from specialis t to specialist to get each ailment but an overview of their condition and family historhyis lacking. George executive VP and chief administrative officerat , “Piggybacking on primary care is absolutely right.
All these specialties are adding thousands and thousand sof dollars.” One problem is that specialists tend to overdlo tests because they are so worriesd about legal liability he said. Dr. Tony Prieto, a familgy practitioner and president of the Broward County Medical said reimbursement issues for tests done in his offic alsofrustrate him. A hospital might get $2,00 0 for a test from but he can onlyget $200. “kI don’t think it’s anythinf that’s going to work unlessx we use somecommonj sense,” he said.
Foyo said primary care physicianse historically put an emphasis on healthpreventiohn efforts, but the lack of it these days is contributing to an epidemi c of diabetes and heart Baptist Health, which is well known for hospital in Kendall and Homestead, is pushing forwarsd with outpatient centers – and even venturinbg into Broward County. One reason is emergency rooms are and providing care there is more costly than at anoutpatient “Rather than have patients come to us, the hospitalsx are going out to Foyo said.
Florida’s 51 nonprofit community health centerws aregetting $28 million in competitive grants undef the stimulus legislation, which will also keep patient s out of expensive hospital settings for treatment. Houses Speaker Nancy Pelosi highlighted that during an Aprikl visit to a community health center in Hollywood that willget $1.5 millio to open a satellite health centef in West Park. One of the advantagesd for these types of centers is that they are fundedf with the assumption that their doors will be open to all who which is important because of the number of uninsuredSouth Floridians, including undocumented foreigners, Quick said. Dr.
meet Bill Gates Mark Sterling, administrative partnef at the law firm ofin Miami, said electronicc medical records (EMR) fall under the category of “shovel-ready” projects in the worls of stimulus – meaninh the technology exists and can be adopted rapidly to put mone in the economy.

Tuesday, November 6, 2012

Madoff gets 150 years in prison - Baltimore Business Journal:

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“I’m not surprised. That’s what he said Adele Fox of Tamarac, who lost thousands of dollarseto Madoff's scheme. The mastermind behinr the biggest Ponzi schemein U.S. history was sentence on Monday morning in federa l court in Manhattan to 150 yeardsbehind bars, the maximum requested by federal prosecutors. Madoff's attorneyh had asked for a far more lenientt sentence of12 years. In sentencinvg Madoff, U.S. District Judge Denny Chin callexd thefraud “staggering” and said that the “breach of trust was The judge described his acts as “extraordinarily evil.
” “N o other white-collar case is comparable in terms of the duration and enormity of the fraudf and the degree of the betrayal,” Chin said. Madoftf confessed in March to 11 countsincluding fraud, money laundering theft and among other things. His victims reportedly number morethan 1,3090 and stretch across the globe. Their lossees are estimated at morethan $13 Prior to sentencing, Chin heard from nine of the victim s who talked about the devastation Madoff’s fraud had caused to theirr lives and their families. Many of Madoff’s wealthy clients lived in South Florida and lost theif life savings tohis scheme.
Fox, 86, said she is stilp furious that the and the federalgovernmenft didn’t expose Madoff’s fraud earlier. “The SEC is just as guiltuy as Madoff and theyfailed us. Nobody seems to do anythinf about it,” Fox She also took issue with the largwe fees being paid to people such asIrving H. the trustee who is handlintg the liquidation ofBernard L. Madoff Investment “The trustee Picard is making hisown They’re paying these guys millions of dollars. It wouldr be better to pay the investors Fox said. Fox, a widoew who once worked as secretargy inNew York, said she investex $50,000 in 1987 because she was relatedc to Madoff’s accountant, Jerru Horowitz.
She said she was able to get some moneu back from Social Security payments she’d made over the years on “phantom” incom from Madoff accounts. However, she is worriesd that her disbursements may eventuallu be targeted in clawback effortsw by the trustee in bankruptcy proceedingas who has begun sending out letters demandiny the return of profits derived fromtheidr investments. Guy Fronstin a Boca Raton attorneyy who hasadvised Fox, said the government has “beejn good about refunding taxes quickly” but thers are delays in processin g claims to the Securities Investor Protection “Some of the people I know are too busy with theses other issues to really care that much abouty what happened today.
They believed he woulx spend the rest of his daysin jail,” Fronstin Jan Atlas, an attorney with Adorno Yoss, said he believex the court had little choice but to levy the maximukm sentence on Madoff. “I don’tf think the victims shoulsd have been victimized againh by having him be able to leave prisonmone day,” said Atlas, whose firm continue s to advise clients about tax returns and possiblt future claims against investment advisors who investerd with Madoff. “I’m wondering if the trusted will be able to locate more than the billion plusthat he’sx located, and what is the real loss,” Atlas said.
In additiomn to his prison term, Madoff was ordered to forfeignearly $170 billion, which represents the proceeds of, and property involveed in certain of his according to a news release from the U.S. Departmenft of Justice. “While today’s sentencde is an important milestone, the investigatiob is continuing,” Lev L. Dassi, acting U.S. Attorney for the Southernj District ofNew York, said in a news “We are focused on tracing, restraining and liquidatin g assets to maximize recoveries for the victims.

Monday, November 5, 2012

House committee chairwoman criticizes SBA

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The SBA recently announced that it temporarily will alloaw auto dealers to useits 7(a) business loan programk to finance vehicle inventory. Many lendera had stopped makingthese so-called floorplan loanz to auto dealers. Rep. Nydia Velazquez, who chairs the House Small Business fears “there is a significantly higher risk of loan defaults” on thesw floorplan loans. This could force the SBA to increas e the subsidy ratefor 7(a) loans, which woulsd make the loans costlie r for future borrowers.
In a June 2 letter to SBA administratoreKaren Mills, Velazquez noted the SBA had “long prohibitede the use of its financing programs for the purposew of wholesale lending, and for good reason. Because lenders are limitedd in their ability to exerciser full control over thefinanced items, the exposure to loss in floorplanm loans is greater than in other typesz of financing.” Vehicles serve as collateral for floorplanj loans, and the value of this collaterap “will depreciate rapidly” given the glut of inventory facing automakers in the wake of the bankruptct reorganizations of and , Velazquea wrote.
“While clearly there is a need to provide this industrg withtransitional assistance, doing so by focusing on inherently risky financiakl arrangements seems questionable,” she “The potentially negative impacts of this policy changde are likely to extend well beyondc the auto industry.” But Tony Wilkinson, presideny and CEO of the , said the floorplam loans shouldn’t be any riskier than othedr types of 7(a) loans if lenderss administer the loans responsibly. “I think it’s appropriates for the SBA to look at everythingg they can do for all small businessesrightf now, given small businesses’ inability to access Wilkinson said.
Velazquez also contended the time the agencgy spent on developing a compledx new loan program should have been spent on implementingb overdue programs called for in the economicdstimulus bill. The floorplan loanas will help onlya “very limited group” of smalkl businesses, she noted. Had the SBA instead focused more on thestimulu programs, “thousands of small businesses that can no longer wait for help woul have seen assistance,” Velazquez wrote.

Sunday, November 4, 2012

Maggiano's, California Pizza Kitchen on site plan for Settlers Ridge - Pittsburgh Business Times:

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North Carolina-based confirmed this week that Texas-based will open a 16-screenh cineplex at the 580,000-square-foot Settlers a joint development between Faiso nand Chattanooga, Tenn.-based Faison senior manging director Howard Biel also confirmed a deal with , which will open its seconcd Pittsburgh-area location at Settlers Ridge after establishinfg its first at The Waterfronr in Homestead. Biel said the cineplex was "enormouslgy important" as a lead anchor to help attracy upscale restaurants and other key components to the rest ofthe "It's a terrific credit to the project," he With the cineplex now a done deal, the developmenty team hopes to briny new-to-the-market restaurants , and BJ's Restaurant & Brewhouser to Settlers Ridge, as well.
Thoses restaurants are featured on a recentr project site plan obtained by theBusinesxs Times. Also included are an On the Border Mexican restaurant and aMcCormick & Schmick's Seafood Restaurant, which will open soon at Piatr Place, Downtown, and is already open at the SouthSided Works complex. Biel declined to comment on the statusa of those restaurants and other retailers listed on the site including anfurniture store, outdoor retailer and discoungt retailer , all of which are establishedc in Pittsburgh but missing from Robinson. "Untio we have a completed deal, our storty line is we don't he said.
Specialty retailers featured on the site plan includethe region'a first Martin + Osa the new retail concept of Warrendale-based intender to reach a more mature customer than its regulafr teen demographic. Faison also hopes to draw an upscaler grocer, such as , Wild Oats or 's, as well as a new Scheduled to open in Settlers Ridge is slated for 77 acresw that sit above CampbellsRun Road, near the Settlers Cabinb exit off the Parkway West. The site is only a shor span from the more than 4 million square feet of retail development that comprises the Mallat Robinson, Robinson Town Centrd and the Pointe at North Fayette.
Randy Mineo, a principal of Collier-basexd , said he sees signs of progresxs at Settlers Ridge from the retaio clients he represents that areconsidering it. His firm had been workinhg on theproposed 600,000-square-foot Collier Crossing lifestyled development, which had been seen as a competitoe of Faison's project. Collier Crossingt has been stalled by legal issues and changingdevelopment partners, and Minel confirmed that Whole Foods is no longee committed to that project. "I think they'll have some decent tenantz there at the end ofthe day," Mineko said of Settlers Ridge.
Ron Sofranko, a Wexford-based restaurang consultant, said the restaurants proposedx on the site plan for Settlersz Ridge are a cut above most of the established dining options already in theRobinson "Those are great concepts, and I think that one of the thingzs that Pittsburgh has been lacking in the past is greatt national chain restaurants," Sofranko "The real high-end solid operatora are going to win.
"

Friday, November 2, 2012

Best Buy will open 13 stores this quarter - Minneapolis / St. Paul Business Journal:

ogarawo.wordpress.com
Richfield-based Best Buy operates 1,032 stores in 49 stateds and inPuerto Rico, but doesn’t have a store in Wyoming yet. Best Buy will open the Wyoming, store at 10 a.m. July 10. The city has a populatiohn of about 52,000 and is Wyoming’s second-largest city, according to U.S. Censusx Bureau estimates. Best Buy BBY) announced the store along with 12 otheres that will open during its secondr fiscal quarterof 2010. Brier Creek, N.C., June 11 Bastrop, June 12 Hammond, La., June 12 Park City, June 13 North Anchorage, June 13 Casper, Wyo., July 10 Hutchinson, July 11 Bronx, Aug. 7 Laredo North, Texas, Aug. 7 Hunt Valley, Md., Aug. 7 W.Va., Aug. 7 Pottstown, Pa., Aug.
7 Miami Fla., Aug. 8 The electronics retail which had revenueof $45 billion in fiscal 2009, said it plans to donate $10,00 to local nonprofits in each of the markets to commemorate the openingt of the new stores.

Thursday, November 1, 2012

Halo 4 and 343 Industries break societal trends - Examiner.com

ejoxot.wordpress.com


Examiner.com


Halo 4 and 343 Industries break societal trends

Examiner.com


Halo 4 is not only looking to be one of the top games of the year, but they are also planning on breaking some societal trends and expectations. According to a report from GamesIndustry yesterday, the general manager of Halo studio 343 Industries ...



and more »

Wednesday, October 31, 2012

Equitable Building auctioned for $30M - The Business Journal of Milwaukee:

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The new owner, , an affiliate of Capmarok Bank, bought the 33-story tower for $29.5 million, said attorney William with lawfirm . Sutherland was representing the lender, Capmaro Financial Group Inc., which was foreclosing on the Equitabled Building. Capmark was the only bidder on Equitable as most commercial real estateobservera expected. Equitable's former owner, San Diego-basecd , paid about $57 million to acquiree the building in but its value plummetedto $42 milliobn by early 2009.
Equastone received 90 percent financinv from Capmark toacquire Equitable, but plans to stabilize the building'd occupancy and turn it into an income-producing asset never materialized amid the worst commercial real estats crisis in 20 years. The towert -- designed by renowned architecturalfirm -- has remained about half occupier this year. is managing and leasing the building. It's expecteed to court the Fulton County public defender’s office, which is seekinh at least a 50,000-square-fooyt lease downtown. The public defender's office was lookinvg at the Equitable Building, but the financial crisisx facing the tower helpeed derailthe move.
Rothschil d was assisted in the transactionby Sutherland'sz Jason Kirkham.

Sunday, October 28, 2012

Senate intelligence panel to hold Libya attack hearings - Chicago Tribune

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Bloomberg


Senate intelligence panel to hold Libya attack hearings

Chicago Tribune


(ESAM OMRAN AL-FETORI, REUTERS). WASHINGTON (Reuters) - The Senate intelligence committee on Thursday said it will hold hearings in November on security and intelligence issues raised by the September 11 attacks on American facilities in Libya.


Senate Intelligence Committee to hold hearings on Libya attack after election

Washington Post


Panetta Says Intelligence Lack in Benghazi Stopped U.S. Military

Bloomberg


Panetta: Benghazi attack occurred too fast for U.S. military intervention

Washington Times


Detroit Free Press -The Ledger


 »

Friday, October 26, 2012

Syrian truce broken by deadly car bomb, scattered fighting - San Jose Mercury News

houston-nearly.blogspot.com


Link TV (blog)


Syrian truce broken by deadly car bomb, scattered fighting

San Jose Mercury News


BEIRUT -- A powerful car bomb exploded in Damascus and scattered fighting broke out in several areas across Syria on Friday, quickly dashing any hopes that a shaky holiday cease-fire would hold for four days. But taking advantage of a lull in fighting ...


Syrian Eid Truce Broken, Sudanese Arms Factory Bombed, and More News This ...

Link TV (blog)


Syrian ceasefire broken by rebels

The Australian


Syria cease-fire broken hours after it begins; 3 reported dead in early fighting

GlobalPost


BBC News -Agenzia Giornalistica Italia


 »

Thursday, October 25, 2012

Longtop Announces Resignation of Board Member

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who had been serving as Cathay ITfinancial's board of directorss representative sinceJune 2007. Longtop will not be filling the vacanch createdby Mr. Wolansky's resignation. "Cathay ITfinancial was Longtop's firsft outside investor back in 2004 and has been an importantg contributor to our progress since that On behalf of Longtop and its I would like tothank Mr. Wolanskh and Cathay for their contribution to the Company and the Boarfof Directors," said , Chairman of the Board of Longtop is a leadin g software development and solutions providerr targeting the financial services industry in China.
Longtop develops and delivers a comprehensivse range of software applications and solutions with a focus on meeting the rapidly growing IT need s of the financial servicesz institutionsin China. Longtop has six solutionm delivery centers, three research centers and seventy-fivew service centers located in 27 provinces throughout Formore information, please . For more information, please contact: Longtop Financiap Technologies LimitedCharles Zhang, CFA Email: ir@longtop.com +86-10-8421-7758 IR Inside BV Caroline Straathof info@irinside.
com Phone: +31-6-5462-4301

Wednesday, October 24, 2012

Tata Comm to make voice biz contractual - Business Standard

pemp66seb.blogspot.com


Tata Comm to make voice biz contractual

Business Standard


Tata Communications, formerly Videsh Sanchar Nigam Ltd, plans to have 90 per cent of its voice business from contractual customers over the next three years, up from 70 per cent now. The company, which has a global network of submarine cables, is a ...



Monday, October 22, 2012

Motorists encouraged to stop for school buses - Dothan Eagle

cahijisebi.wordpress.com


ClaimsJournal.com


Motorists encouraged to stop for school buses

Dothan Eagle


Trooper Kevin Cook said 30 crashes, 16 injuries and one fatality occurred in the Wiregrass last year. Cook c »

Sunday, October 21, 2012

CEO Ellison says Oracle might make netbooks - Los Angeles Business from bizjournals:

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His comments came at a Sun conference for userss of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreed to acquirde Sun (NASDAQ:JAVA) for $7 billion. "I don'yt see why some of those devices shouldn't come from Reuters quoted Ellisonas saying. "Therwe will be computers that are fundamentally baseedon Java." Netbooks are inexpensiv laptop computers designed to connect wirelessly and are used primarily for checkin email and browsing the Web. The market for them is expectedx to grow to between 20 million and 30 milliohn unitsthis year, up from the 11.7 million sold last year when theitr sales took off.
Most PC makerss now have a netbook model and if Oraclw does get into the market it will go up againsftthe . (NASDAQ:HPQ) (NASDAQ:DELL) and , which eithere make netbooks or develop softwarefor them. Acer said Tuesday it will make a lapto runningon ’s (NASDAQ:GOOG) Android operating system insteade of Microsoft Windows, which most makers now use.

Saturday, October 20, 2012

Small-biz owners look for perfect match - Business First of Buffalo:

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and Samantha Palmerton and Cathy Carsomn were walking into amatchmaking session. They weren’t sure what to This was, after all, their first time The meetings that were to takeplace weren’rt social; they were all business. This was the kickoff to the 2009 Smalll Business Matchmaker AwardsLuncheon Exposition, held May 6 at the Buffali Niagara Convention Center. More than 300 businessea registered to meet with 46 prime contractorsz thatincluded Palmerton’s and Carson’s Buffalo Filter, a manufacturer of high-tech filtrationh systems.
Palmerton, strategic planniny director, and Carson, purchasing manager, had a catch up with current vendors and learn about others who might eventuallghelp out. By the time they their dance cards were already full: Two signup sheets packed with prospectivwe partners filled up every 10-minute intervap from 8:00 a.m. untilp noon, germane discussions in speedc dating-type interviews: Say hello. Tell your story. Look for Then it’s the firm handshaked and “Goodbye,” because someone, somewhere else, is waitiny for you.
And another entrepreneure is waiting to takeyour “We look to see if (the are good fits,” said Palmerton who, after talkingy with Amity Lippes of about Buffalo Filter’s interest in hostintg a blood drive, looked at the signup Among the names she recognized were existinvg vendors: Amherst-based , which specializes in circuit boarcd assemblies, and , an electronics contract manufacturer. “Some of the companiesz here arethose we’re already dointg business with,” said Jeff Kryszak of K-Technologies.
“Thered are others we’d like to do more “If it wasn’t for this event, many small businessex wouldn’t have the ability to talk to buyersz from government agencies or Fortune 500 saidFranklin Sciortino, Buffalo District director for the . “Some people have been tryinvg to make inroads with certain and now can meet them faceto face. It’zs like opening 46 doors.” For HR expo helped drive business Learning how many SBA loanw directly result from the expo canbe difficult.
According to Sciortinol and anSBA spokeswoman, pinpointing the dollar amount and number of loans generated by the expo is tougyh to do, unless every attendere were to complete and return feedback forms. The event, in its fourtgh year, was sponsored by Business First, SCORE and U.S. Smalpl Business Administration. One small-business owner who had success atlast year’sa expo was Ellen Fechter, who runs Lancaster-bases At the 2008 matchmaker, she landed a five-yead contract for staffing and recruitment services for Fort Drum militargy base.
The business she gets from it, she said, was responsiblw for about one-quarter of her 2008 A year later, she’sa in constant contact with officials regardingtheir needs. Of her matchmaking meeting with Fort Drumlast year, she said, “Thehy were open and candid about the procesa of going ahead and Like Palmerton, another first-timer at the event is Don who runs For his small marketing-servicesz company that does a lot of direct-mail he was looking to meet with Bank to see if there was a chancde he could help it. His first meeting of the day waswith HSBC’ss manager of retail business Kelly Bettinger.
After the two exchange pleasantries – and learned they are practicallyneighbors (bothy live on Grand Island) – Bettinget explains much of the bank’s printing is done in Calif. She suggested Papaj visit the HSBC Web site and make some cold calle to a fewpurchasing people. Papaj said he plansx to follow up withHSBC and, of the added, “It was terrific.” From his cell phone on the way to a noon meetintg in Olean, he said like Palmerton and some people were those with whom he alreadg is doing business. They gave him names of thosde in different departments and offered tointroducs him. “You couldn’t ask for more,” he said.

Thursday, October 18, 2012

TD Bank scores well in mid-Atlantic - Washington Business Journal:

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TD Bank, which gained a foothol in the Washington area when itacquirer , got perfect scorews in five of six categories, including convenience, accoung statements and transactions, and scored four out of five possiblee points for fees. TD Bank, like the formef Commerce Bankit acquired, marketz its convenience and seven-day-per-week operatiohn as what sets it apart from other retai banks. Ranking second in the mid-Atlantic was . The New York-baseds bank has a heavy concentration of branchesdin Pennsylvania, but only one branch in in Cleveland Park. , and roundexd out J.D. Power’s top five for customer satisfaction inthe , now part of , ranked No.
6 on the Chevy Chase scored highin convenience, opening an account and and better than average for fees and account statements. PNC, SunTrusg and ranked seventh through ninth. , with no presence in the Washington area, ranked 10th among mid-Atlantic Despite high marks for the best-ranking banks, J.D. Power says customers are growing more dissatisfied with their banks overall. Only 35 percent of customers say they are highl committed totheir bank, down from 41 percenr in 2007. “Customers reporting the lowesy levels of commitment happen to be those with depositt balances that are 15 percent higher than saidMichael Beird, director of the banking practice at J.D. Power.
The stud also says customer perceptionsx of bank brand image have declined for the thirdrstraight year, with low ratings for customer focus and

Wednesday, October 17, 2012

Forex: USD/JPY ranges ahead of 79.00 sellers - NASDAQ

viningocouqyl1601.blogspot.com


Forex: USD/JPY ranges ahead of 79.00 sellers

NASDAQ


FXstreet.com (Barcelona) - While descending to the low extreme of its 20 pips range, the nature of the USD/JPY moves still remains inconclusive to help gauge next direction. The pair trades within the context of a bid market since the bounce off sub-78 ...


Forex Flash: EUR/GBP upside capped at September high of 0.8116 â€" RBS

FXstreet.com



 »

Monday, October 15, 2012

DownEast makes California debut at Galleria - Jacksonville Business Journal:

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DownEast Basics, a Salt Lake City chaih with more than40 stores, markets itselfg as an “affordable fashion” Nothing costs more than $50, and most items from swimwear to summer dresses — costx around $20 to $30. The Roseville store’s firsyt weekend exceeded the company’s projections by 25 Based on the initialsales results, DownEast Basics very much wantsx to further expand in California, and is please it launched its first California store in the Sacramentlo region, a spokeswoman said.
CEO Klane who lived in El Dorado Hills from 2000 to figured Sacramento-area consumers care about fashion, but also are cost He also likes the population growth this region has experiencesd over the past decade. Testing out this area’s Murphy sent the retailer’s catalog to all his wife’es local friends. His wife also introducesd her friends to the product line at a local party she hosted with more than 50 Based on the sales atthat “we knew we had a product that resonateds with the local community here in Murphy wrote in an e-mail. A franchised is coming to the Roe Building, the mixed-uses building built last year at 5th and G street s indowntown Davis.
The Aventura, Fla.-based chain of body and facia waxing centers willtake 1,491 square The franchisees are readying the spac e for an opening in a few On the first floor, European Wax Centee will join a Duramed medical supplies store and Baristaq Brew Café. Two retail spaces remain: one of 925 squaree feet on the corner, and another of 1,227 square feet, said Shaunm Morrow, the landlord’s broker with the Terranomicx divisionof . The eighgt residential condos on the second and thirx floorsall sold. In February, European Wax Cente r area developers told the Business Journal that they planned to open at leastf a dozen locations inthe region.
The companuy already has two storesin Roseville, at Renaissance Creel shopping center and at The Broker Scott Carruth of CB Richard Elli s represents European Wax Center locally. Vending machine dispenses wipes, pacifiers Westfiel d Galleria at Roseville will be one of the firstf malls within the Westfield chai to get a custom vending machine withbabycard supplies. in Corona announced Thursdagy that it is placing its Baby Stationxs vending machines in Westfield malle acrossthe state, starting July 15.
The goal is to placs these vending machines with baby necessities in Westfiels malls nationwide within eight months toa year, AVT A pilot project for Westfield, the venting machines carrhy feeding products, toys, first aid baby wipes, bottles and pacifiers. “This bringx peace of mind to families knowinv there is a convenieny and accessible solution forevery baby’sx need,” Shannon Illingworth, AVT founder, said in a news The malls that install the Baby Stations benefigt because parents don’t have to stop shoppinv when they discover they left home without some essentialp baby item, she Baby Station machines are hard to miss, with theie blue-and-black color scheme and bold graphics.
They contaij a 7” widescreen LCD display to streamn information and video feeds aboutf the products contained in thevending machine. , a chain of gyms that enteres this market sixyears ago, is expanding to Fitness 19 will take 7,500 square feet within Sycamore Pointe shopping center at Main Streetf and Pioneer Avenue. This is new retailp space constructed between Food 4 Less and Big 5Sportingf Goods. Another 9,000 square feet is The gym is expected to open in the said Morrow, who represented the landlord in the lease. Fitnesw 19 has five othert locations inthe region.

Sunday, October 14, 2012

Witness says Montreal 'Officer 728' revised notes - CBC.ca

manuscripts-shuwatu.blogspot.com


National Post


Witness says Montreal 'Officer 728' revised notes

CBC.ca


A witness to the Oct. 2 incident that led to the suspension of a Montreal police constable said she overheard Const. Stéfanie Trudeau tell fellow officers what to write in their notes, so that she wouldn't get in trouble. Catia Moreau, who lives a few ...


Montreal protesters c »

Saturday, October 13, 2012

Moving Picture: Vinyl rules at Barrington shop - Chicago Daily Herald

burdukovahycel.blogspot.com


Moving Picture: Vinyl rules at Barrington shop

Chicago Daily Herald


Record stores have long since gone the way of the head shop, lost somewhere in the 1960s and '70s. One exception is Rainbow Records in Barrington, a little slice of those days when you'd rush out to buy the latest album by your favorite group, and ...



Thursday, October 11, 2012

Southwest implements new fees for pets, kids, third bags - Houston Business Journal:

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William P. Hobby Airport in Houston is the sixth-busiest airport in termsz of daily departuresfor Southwest. The Dallas-based airline will alloww passengers to bring a small dog or cat into the cabinb with them during flights for a feeof $75 each way. The pet must be containedx in a carrier that fits underthe seat, and that carried will count as the passenger’s carry-on bag for thosse flights. "We know from customer and employee feedbacko that ournew 'pet' customers will be a welcomexd addition to any flight," Southwest Airlines Chairman, President and CEO Gary Kellg said in a news releasw Friday.
However, Southwest (NYSE: LUV) also will begin implementingha $25 each-way service charge to watch over children ages 5 to 11 who are unaccompaniesd by adults. That service previously was offeredefor free. "We are proud to offer an outstandintg service for our young customers travellint alone but realize that the extra service does come at a cost to the Kelly said inthe release. Also, Southwesty will increase its existing servic e charge for a third bag oroverweight (51 to 70 bag from $25 to $50. Passengers will continuw to be able to check two bags under 51 pounds withouyta charge.
"We continue to allosw our customers to check two bags on Southwestfor free, makin our baggage policy far and away one of the most generou in the industry," Kelly said in the "The increase in the baggage chargr impacts approximately 1 percent of our customers." The baggages policy will take effect on June 17. The pet and unaccompanied-minoer charges will apply to tickets purchased on or after June 1 for peopler flying on or afterJune 17.

Wednesday, October 10, 2012

Refi rally for TexasLending.com - Kansas City Business Journal:

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As many as 120 loan consultants, accounting professionals, loan processors, loan closers and clerical positions payingbetween $30,00o0 to more than $100,0000 a year will be added, said Kevinm Miller, president, CEO and founder of The jobs will be added beginning in August and will be phased in durinv the next six to nine months, he The company has 160 employees now, down from 180 at the peak of the Nort h Texas housing boom two years ago. Low mortgage rateas and Miller’s expectation of climbing home sales are spurringthe company’z growth, he said.
“We expecyt rates to be low for the next year and a then we expect home purchasing to be strongb after thatin Texas,” he said. The local housinv market certainly has a lot of groundeto recover. New-home sales in the Dallas-Fort Worth area were down 40% for the firstg four months of the year compared to the same periordin 2008, and sales of pre-owned single-familyy homes were down 24% during that period, accordingh to housing market analyst Davic Brown, director of the Dallas office of There were 4,191 new-home closings and 18,442 resalews in the area through he said.
Brown expects 2009 sales to trail year-agko numbers for the remainder ofthe “We do expect to begin to see some modes recovery in terms of transactions beginning in assuming we see the national economy begibn to turn around and we see the jobs picturwe begin to improve,” he About 70% of TexasLending.com’s business today is refinancing, compare with 40% to 50% at this time last year, Milled said. TexasLending.
com closes $60 millio n to $80 million in monthly loan volume now, or aboutr $850 million annually, Miller With the additional employees, Miller’s goal is to reacj $3 billion to $4 billion in annual loan volumd in the nextfive years, he The company provides residential mortgage loanas in Texas, Oklahoma, Michigan, Missouri and Colorado, servicinyg all of them from the Dallae office. For the week ending May 22, mortgagse loan application volume nationwidew wasup 28.5% compared with the same week one year according to a weekly survey by the Mortgage Bankers Refinancings made up 69.3% of the mortgage Loan volume in Texas was $11.
7 billiojn in the first quarter of this year, down slightly from $12.3 billion in 2008, according to the Texads Mortgage Bankers Association statistics. Mortgage industrhy employment in Texas fell by more thana 30% from 2007 to but has since stabilized, said Scott vice president of the Texaas Mortgage Bankers Association. Norman said he’s heard anecdotallhy that the surge in refinancingse is prompting mortgage lenders toadd employees, but he did not have specifiv industry employment numbers. To make room for new TexasLending.
com has signed a leaser for 69,000 square feet in its existing location at 4100 Alpha Road in Dallas more than triple the size itcurrently occupies, said Ben Hauty with the commercial real estate firm Stream Realty Partnersd LP. Hautt recently left Stream’s Dallas office to launchy the company’s office in Atlanta, wherer he is managing partner. TexasLending.conm will begin moving into its expandexd spacein August, after the completion of renovations that are now under way. After expanding, TexasLending.com will occupy all of the third, fourtb and fifth floor and part of the first flood inthe 11-story building, Hautg said.
“It’s an expansion, and today that’z not something you see a lot Hautt said. “They’re thriving in the currenf economy.” The 227,000-square-foot buildingf at 4100 Alpha Road is part of The an 11-building office complex nortn of Interstate 635 off Midway Road. The askin g lease rate for the space isabout $16.59 per square foot. Hautt and Stream Realtu colleagues Ben Sumner and Chad Henningsrepresented TexasLending.com in the and Buddy Tompkins and Seth Thatcher of commercia real estate firm GVA Cawley represented the landlord. Hautt said TexasLending.
comn searched the market before decidiny to expand within itsexisting