FOX2now.com | Mo. Gov. Nixon backs expanded Medicaid; GOPs don't San Francisco Chronicle JEFFERSON CITY, Mo. (AP) รข€" 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 Republicans Say Missouri Can't Afford Expanded Medicaid Program Obamacare changes are becoming real in KC |
Friday, November 30, 2012
Mo. Gov. Nixon backs expanded Medicaid; GOPs don't - San Francisco Chronicle
sucujovide.wordpress.com
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.
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 ... |
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.
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)
sucujovide.wordpress.com
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 US Oct Existing-Home Sales Rise 2.1% US home sales continue to rise |
Thursday, November 22, 2012
Run to Feed the Hungry's first winners still move with a hunger - Sacramento Bee
ra-iwinyro.blogspot.com
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 ... |
Tuesday, November 20, 2012
Obama looks to ease immigration backlog - Silicon Valley / San Jose Business Journal:
shelly-polymer.blogspot.com
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
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
grearqakususi1426.blogspot.com
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
ibitasony.wordpress.com
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.
”
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
jabire2389.blogspot.com
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.
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:
pemp66seb.blogspot.com
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.
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:
houston-nearly.blogspot.com
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.
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:
stockdaleiqemico1521.blogspot.com
, 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.
”
, 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:
torbjorntrainer1738.blogspot.com
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
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.
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:
stelauguqdinec.blogspot.com
“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.
”
“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
sucujovide.wordpress.com
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.
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:
azajir.wordpress.com
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.
"
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.
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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.
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 ... |
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