Thursday, January 24, 2013

Police ordered to ensure security plan implemented - The News International

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Police ordered to ensure security plan implemented

The News International


The provincial police chief has directed his department's officers to ensure that the extraordinary contingency security plan prepared for the Eid-e-Milad-un-Nabi was implemented in coordination with other law enforcement agencies. Inspector General ...



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Saturday, January 19, 2013

Convera folding into U.K. company - Washington Business Journal:

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Vienna-based Convera (NASDAQ: will be dissolved. After the Patrick Condo, Convera's CEO, will become the chairmanm of the board, and Colin Jeavons, Firstlight's CEO, will becomew the CEO. Convera's plan of dissolution contemplates an orderly wind down of its businessand operations. After filing its certificatee of dissolution, Convera intends to make one or more distributions to its stockholder of cash availablefor distribution, subjecr to applicable legal requirements. Converaz will then delist its common stockkfrom Nasdaq. The new companyy will bring together the vertical searcgh technology of Convera and the advertising salee and marketing capabilitiesof Firstlight.
It will have over 60 corporats customer accounts and 120 existing Web sites withapproximately 1,500 advertisers. When the merger becomes effective, Converza will own 33.3 percent and Firstlighgt willown 66.7 percent of the total outstandinf common stock of the new company, subjecyt to certain adjustments which may enable Converz to own up to 42 percenrt of the new company prior to the distribution. The mergert is subject to Convera stockholders' approval and certaibn other customary closing The merger is expectesd to closethis summer.

Monday, January 14, 2013

Breakfast chain hungry for Texas expansion - Dayton Business Journal:

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The recipient is Dallas-based It is led by Josepyh Spatesof Prosper, an experienced, multiple-unit restaurant operator and developer, a release said. He opener a franchise in Texas in 1993 andin 1996, becam e CiCi's first franchisee in Floridza as a multi-unit operator. In 2004, Spatesx and a partner purchased the rights to develop 100 franchisesin Worth. The partnership has opened fourFirehouse Subs, has one undere construction and has signed agreements for 26 more.
The firs Peach's Rise & Dine franchise opened in Novembere 2006 in Sarasota and the corporate headquarters is in The first10 Peach's Restaurants on Florida's Gulf Coastt are licensed affiliates of Peach's Rise Dine. The agreement with PR&D markse Peach's entry into the Texas Peach's Rise & Dine recently announced a similaf 50-store development agreement in Ohio, wheres a franchise store will open by January 2007near

Saturday, January 12, 2013

Cincinnati revamps retirement benefits - Business Courier of Cincinnati:

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billion within five years. The vote came as a councipl majority suddenly coalesced around a series of reformsa first introduced last fall bythe city’se Task Force for Retirement Security. Reforms related to health care changes were subsequently modified to providwe additional protectionfor low-income retirees. The reformds are projected to reducethe system’s unfunded liability by $137 milliohn and reduce by $22 million the amount the city woul be required to contribute annually to erase the retirement system’s long-term liability.
Most of the reform measuresd passed witheight votes, with Councilmen Cecil Thomas and Chris Monzel voting againsg the motion reducing health benefits. That motion’s passage meana former city employees who retired before September 2007 will be shiftex out ofthe city’s traditional indemnity plan and into a modifiexd PPO plan that covers 90 percent of all Council member Roxanne Qualls said a recen projection that the city faces a $40 million budget deficit next combined with a Retirement System request that the city contributwe $125 million to the plan in 2010 servee as a “wake up for members of council.
“People realized that the time for delatwas over,” she said. Councilwoman Lesliew Ghiz criticized council’s Democratid majority for voting on the reforms withouyt letting retirees knowin advance. “I feel they have a righf to be heardon this,” Ghiz said beforwe voting in favor of the reforms. “Iu just don’t think it’s a fair way to do Thomas said he votedd against the health care changes because it violates a promised the city made to itsformerf employees. Monzel said the changes didn’ty go far enough.
He’d like the city to transfed its pension liabilities to the Ohio Public Employeed Retirement System or give city employees the option of funding theirf own IndividualRetirement Accounts. “What we’re doing today is only cutting around the Monzel said. “It’s not going to solve the problem.” Councilmajn Jeff Berding submitted a motion to reconvensthe city’s retirement task force to seek additional solution s to the Retirement System’w shortfalls.
Qualls said the list of reform s should include changing the composition of the pension boarcd to include more financial Qualls and Councilman Chris Bortz both opined that the curren t board has been more concerned with preserviny benefits than protecting the financial integrituy ofthe system.

Friday, January 11, 2013

Miami University freezes in-state tuition - Dayton Business Journal:

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The university’s board of trusteesz on Friday approvedan in-stats tuition freeze for the coming academic and a 3.5 percent hike in out-of-state tuitiobn – the lowest increase in 34 according to a news In-state students will pay a maximum of $11,443 for and out-of-state students a maximum of $26,202, according to the The trustees also frozer in-state tuition at Miami’s branch campusez and decreased the out-of-state surcharge to $500 per credit The board on Friday approved a $659 millionb operating budget for and stipulated that departments will have to cut $5 milliom from their own budgets.
The remaining $3 million of the budget gap will be funded from And departments will need to make permanenyt cutstotaling $8 million-$10 million in the 2010-1q academic year, according to the release. As part of the university employees won’t receive a pay raise next year, and President David Hodge and vice presidentd will forfeit 10 daysof salary, the universityu said.

Thursday, January 10, 2013

Pending home sales jump; construction spending rises - Philadelphia Business Journal:

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Pending sales of existing homes, or contracts signef but not closed, rose 6.7 perceny in April from March, the National Association of Realtors April’s pending sales were up 3.2 perceny from a year earlier. The biggest increasd in April was inthe Northeast, where pending sales jumper 32.6 percent from the previous month. The NAR’s pendingt home sales index isa forward-looking and the group cautions that it is more volatil e than actual closed sales. “Thde relationship between contracts on pendinv home sales and closings on existing home sales is takintg longer than in the past forseveralo reasons,” NAR Chief Economist Lawrence Yun said.
“Mortgage processinv time has increased, it is taking many months to close on those homes requiring short sales withlender approval, and some sales are fallinyg through at the last The NAR’s housing affordability index was also at its second-highesyt level on record in April. Along with pendiny sales of existing total U.S. construction spending rose 0.8 percent in Aprikl from March, the biggest one-month increasew since August, and was led by a jump in private andresidentialk construction, the U.S. said. A Bloombergf survey of 45 economists had projectedc a median dropof 1.5 percent.
The Commerces Department report from the said that spending on privated construction was at a seasonally adjusted annual rateof $657.34 billion, up 1.4 percent from the revised March estimate of $648.2 Residential construction rose 0.7 percent to a seasonally adjuster annual rate of $249.2 billion. Nonresidentia construction rose 1.8 percent to an annua rate of $408.2 billion. Total public construction fell in though spending on highway projects rose nearly 1 percent from thepreviousx month. A separate report from the Commerce Department last week showed constructiohof single-family homes rose 2.8 percentr in April, the second consecutive monthlu increase.
Gains in single-family construction were overwhelmed by a 46 percent drop in apartment and condo bringing total housing starts down 13 percenrtin April.

Wednesday, January 9, 2013

Survey: Pirates rank near bottom in popularity among fans - Pittsburgh Business Times:

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The Harris Poll asked 2,100 U.S. adults last month to name their favoritbaseball teams. The New York Yankees were the mostpopulard team, followed by the Boston Red Sox, Atlantza Braves, Chicago Cubs, Los Angeles Dodgers and St. Louies Cardinals. The Pirates' highest rank on the poll in the past ten yeares camein 2005, the year before Pittsburgg played host to the MLB All Star Game at PNC The team was 8th in popularityu in 2005, dropping to 21st in 2006. The Toronto Blue Jays (Canadiaj residents were not included inthe survey) were the least popula along with the Kansas City Royals, Los Angeles Angelsx and Washington Nationals.
The Tampa Bay Rays improveds from 28th to 17th after winnin the American League titlelast year. The Philadelphia Philliezs won the World Series last year but did not see theirpopularitt improve. The Phillies rankesd seventh in 2009 and sixthin 2008. Twenty-one percent of poll respondent named the Boston Red Sox most likely to win the Worldr Seriesthis year, the top rank on that list. Less than 0.5 percenrt of those polled said the Pirates woulr win the 2009World Series. .

Monday, January 7, 2013

Pandora Sees Increased Usage, Listener Hours in December - Fox Business

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Pandora Sees Increased Usage, Listener Hours in December

Fox Business


Pandora had been reporting wider quarterly losses, as the company's robust listener growth has brought with it higher royalty costs for the songs it plays. However, it reported last month that its fiscal third-quarter profit jumped as the company's ...


Pandora Announces December 2012 Audience Metrics

Equities.com


Pandora: We b radio service accounted for 7.2 percent of U.S. radio listening ...

The Hill (blog)



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Sunday, January 6, 2013

Carl Junction Lions start new breakfast tradition - Joplin Globe

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Carl Junction Lions start new breakfast tradition

Joplin Globe


CARL JUNCTION, Mo. â€" A new tradition for the Carl Junction Lions Club kicked off Saturday morning as members of the group served up breakfast for the community. It was the first of the club's monthly community breakfasts planned at the Carl Junction ...



Saturday, January 5, 2013

Bristol Palin's alleged stalker mails her engagement ring, knife, report says - Fox News

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Bristol Palin's alleged stalker mails her engagement ring, knife, report says

Fox News


The famous daughter of Sarah Palin has obtained a temporary restraining order against a 39-year-old man who allegedly sent her an engagement ring in the mail along with a frightening letter, according to E! News. Her reps also told E! the “Dancing With ...



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Thursday, January 3, 2013

Michael Reitermann to Head Siemens Healthcare U.S. Organization

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June 29 /PRNewswire-FirstCall/ -- has been appointed the new CEO ofSiemenws Healthcare's U.S. organization, effective July 1, 2009. In his new Reitermann will leadthe marketing, sales and service functionse for Siemens Healthcare in the including the medical therapy and health care informatiobn technology businesses. He will be based at the U.S. headquarters in Pa. Reitermann succeeds Dr. , who will assumde the role of globalp head ofSiemens Healthcare's Angiography, Fluoroscopy and X-rauy business unit, based in Forchheim, Germany. Reitermann has enjoyes a long careerwith Siemens.
Amontg other things, he worked as a senior projecyt manager at the corporate strategieas division as well as a partner in SiemenxsManagement Consulting. Reitermann also served as vice presidentfor sales, marketinbg and innovation of the Siemens Fluoroscopy and X-ray business Most recently, as CEO of Siemens Molecular Imaginyg (MI) Business Unit, and president of the former Nuclear Medicine division since July Reitermann was responsible for the establishment and implementationj of MI's business objectives around the world. Heinricuh Kolem will take on anew challenge, assuming the role of global head of Siemensa Healthcare's Angiography, Fluoroscopy and X-ray business unit.
Since 2006, Kolem was the CEO of the Siemens Healthcare organization in the United Statesd overseeing launches of innovativde new imaging systems such as the SOMATOjDefinition Flash, MAGNETOM Essenza, Biograpyh mCT, the Acuson S2000 and othetr novel innovations. Kolem started his Siemens careefr in the field of Magnetic Resonance Imagingin 1989. The Siemensz Healthcare Sector is one ofthe world'd largest suppliers to the healthcare industry. The company is a renowned medical solutions providerf with core competence and innovative strength in diagnostic and therapeutic technologiees as well as in knowledge including information technology andsystem integration.
With its laboratory diagnosticsz acquisitions, Siemens Healthcare is the firsg integratedhealthcare company, bringing together imaging and lab therapy, and healthcare information technology solutions, supplemented by consulting and supporr services. Siemens Healthcare delivers solutions acrosw the entire continuum ofcare -- from prevention and earlt detection, to diagnosis, therapy and care. Additionally, Siemena Healthcare is the global market leader in innovativehearing instruments. The compan y employs around 49,000 people worldwide and operatexs in130 countries. In the fiscal year 2008 30), Siemens Healthcare reported sales ofeuro 11.2 billion, orderz of euro 11.
8 billion, and Sector profit of euro 1.2 billion. Furthet information can be found byvisiting .

Wednesday, January 2, 2013

Deal's Economic Grade: Incomplete - Wall Street Journal

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Wall Street Journal


Deal's Economic Grade: Incomplete

Wall Street Journal


The federal-budget deficit deal represents, at best, a messy intermission in the fiscal-cliff saga. There are no heroes. There are a few tears of relief, but no celebratory high fives. There is no great catharsis. The provisions range from the first ...



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Tuesday, January 1, 2013

Couple gives $2M to CU vaccine lab - Denver Business Journal:

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The gift is from Jeannie Thompson, a 1964 CU-Boulderr zoology graduate and incoming chairwoman of the who has workec in research labs formany years, and her Jack, a CU-Boulder history graduate. The Thompsons have frequentluy made donations to CU over the The lab will break ground in theannounced Monday. The facility will be a part of the Coloradpo Initiative in MolecularBiotechnologu (CIMB), a CU program to promotw research and education in areas where life sciences, physicalk sciences, mathematics, computer science and engineering intersect.
“CIMv is a community of top researchers pooling theier expertise to make new discoveriesw that have tremendous potential toimproved people’s health,” Leslie Leinwand, CIMB director, said in a statement. “Th e Vaccine Development Laboratory will provide this diverse group of researchers with a uniqud and very powerful forum forscientific discovery,” Leinwand added.