paramonaxogilozi.blogspot.com
Dubbed Axon, it is a tactica computer that includesa head-mounted video camerza and microphone designed to connect with existing polic e systems and send videos and sound to a centrao location, the company said. Coupled with Axon is Taser’s Synapsr Evidence Transfer Manager, a device that recharges the videoo systems and downloads events recordedc bythe device. Company officialsw said the devices are a way to better record the transfer of evidences over what officers see and It includes software that will show if evidencew hasbeen edited. The encryptes data collected by officers would be stored at data centeras around the country rather thanwith police.
Taset also announced the launch ofits www.evidence.com Web site, whicj will act as the gateway to the information. In an effor t to get the systemz outto agencies, Scottsdale-baseed Taser (Nasdaq:TASR) is offering to help departmentsz tap $4 billion U.S. Department of Justices grants that were rolled intothe $787 billionj stimulus plan passed by Congress in
Saturday 30 June 2012
Friday 29 June 2012
C.C. Myers clan branches out with new consulting venture - Sacramento Business Journal:
ogarawo.wordpress.com
Co-owners Janelle and Clint Myersz are now working onthe company’s firstt projects since formally launching in Septembefr 2008. The company is actinhg as an environmental consultant tothe $324 million Lincolj highway bypass project and it has contracts with the Nevads Irrigation District in Grass Valley. The woman-owned Sacramento business is focused mainly on publi cworks jobs. In additionj to project managementand consulting, MCS provides stornm water management and engineering services. MCS executive vice president Clint Myers said what sets MCS aparft from traditional consulting companies isthe principals’ experiencwe in the construction industry.
Not a lot of consultantsx have such an he said. “We’re hoping that we can fill that he added. MCS has $100,000 in backlog The company expects to be profitable in the first quartedrof 2010. Myers said MCS can help companies that once framehouses — work that has dried up in the regio n and across the country — explore other such as public contracts. The state wants to build more highway rest for example, he Janelle Myers’ experience in the industry dates back to 1990 when she helpedr start a woman-owned highway construction companyy focused on building barrier rails in Nevada and New Mexico.
She was on the board of directors until the company was sold toRancho Cordova-basee , her husband’s firm, in 2006. Clinft Myers worked as an engineer and projec managerfor C.C. Myers before going back to schoolk fora master’s degre in real estate development at the . After receivinfg his master’s, the younger Myers ran Today, C.C. Myers’ homebuildint companies — Myers Homes Myers Homes of CaliforniaLLC (licensesd in Nevada) and several subsidiaries are estimated to be worth nothing due to the depressed housinbg market. C.C. Myers Inc., majority owned by its employees, is a creditord in the Chapter 7 personal bankruptcy filedby C.C. Myerzs last year.
In these tough economic times, Clinrt Myers said MCS plans to help companies and government agenciew find creative ways toremove “fat” from theif budgets and, on the environmental come up with “solutions that are more economicallyu friendly while still preserving the quality habitat that Californisa has come to expect.” When the economy was a developer looking to get a project approvec might, for example, buy expensive mitigation credits to destroy a wetland on a projecr site in order to speed it up.
But Myerds said MCS could help such a developere find a lessexpensive alternative, such as keepin the wetland and working with the city to increase the lot MCS will compete for environmental consulting jobs with companieas such as , a Sacramento-based subsidiary of The compangy declined to comment on the new MCS’ Web site went live last and it has Facebook and LinkedIn profiles, Clint Myers “The people you have to appeal to for construction contracts are getting younger and he said. “We’re trying to find differenr ways to connect tothose people.
” For now, the compant has two employees, and a wildlife biologist on MCS plans to hire a business developmengt manager for marketing and preparing When it comes to business MCS will tap peoplde who are retired or semi-retirecd from the field. “With the family beinb in the construction industrhy forso long, there are a variety of peoplee that we’ve known over the years who are now retireds who are looking for something to do,” Clint Myer said. “Our experience, combinecd with people we’re able to bring in, can give us the abilitt to do somefairly high-end consulting for businessews wanting to grow or diversify.
” Consultants also can assistt companies transitioning from one generation to the next.
Co-owners Janelle and Clint Myersz are now working onthe company’s firstt projects since formally launching in Septembefr 2008. The company is actinhg as an environmental consultant tothe $324 million Lincolj highway bypass project and it has contracts with the Nevads Irrigation District in Grass Valley. The woman-owned Sacramento business is focused mainly on publi cworks jobs. In additionj to project managementand consulting, MCS provides stornm water management and engineering services. MCS executive vice president Clint Myers said what sets MCS aparft from traditional consulting companies isthe principals’ experiencwe in the construction industry.
Not a lot of consultantsx have such an he said. “We’re hoping that we can fill that he added. MCS has $100,000 in backlog The company expects to be profitable in the first quartedrof 2010. Myers said MCS can help companies that once framehouses — work that has dried up in the regio n and across the country — explore other such as public contracts. The state wants to build more highway rest for example, he Janelle Myers’ experience in the industry dates back to 1990 when she helpedr start a woman-owned highway construction companyy focused on building barrier rails in Nevada and New Mexico.
She was on the board of directors until the company was sold toRancho Cordova-basee , her husband’s firm, in 2006. Clinft Myers worked as an engineer and projec managerfor C.C. Myers before going back to schoolk fora master’s degre in real estate development at the . After receivinfg his master’s, the younger Myers ran Today, C.C. Myers’ homebuildint companies — Myers Homes Myers Homes of CaliforniaLLC (licensesd in Nevada) and several subsidiaries are estimated to be worth nothing due to the depressed housinbg market. C.C. Myers Inc., majority owned by its employees, is a creditord in the Chapter 7 personal bankruptcy filedby C.C. Myerzs last year.
In these tough economic times, Clinrt Myers said MCS plans to help companies and government agenciew find creative ways toremove “fat” from theif budgets and, on the environmental come up with “solutions that are more economicallyu friendly while still preserving the quality habitat that Californisa has come to expect.” When the economy was a developer looking to get a project approvec might, for example, buy expensive mitigation credits to destroy a wetland on a projecr site in order to speed it up.
But Myerds said MCS could help such a developere find a lessexpensive alternative, such as keepin the wetland and working with the city to increase the lot MCS will compete for environmental consulting jobs with companieas such as , a Sacramento-based subsidiary of The compangy declined to comment on the new MCS’ Web site went live last and it has Facebook and LinkedIn profiles, Clint Myers “The people you have to appeal to for construction contracts are getting younger and he said. “We’re trying to find differenr ways to connect tothose people.
” For now, the compant has two employees, and a wildlife biologist on MCS plans to hire a business developmengt manager for marketing and preparing When it comes to business MCS will tap peoplde who are retired or semi-retirecd from the field. “With the family beinb in the construction industrhy forso long, there are a variety of peoplee that we’ve known over the years who are now retireds who are looking for something to do,” Clint Myer said. “Our experience, combinecd with people we’re able to bring in, can give us the abilitt to do somefairly high-end consulting for businessews wanting to grow or diversify.
” Consultants also can assistt companies transitioning from one generation to the next.
Wednesday 27 June 2012
Study: Number of Global Digital TV Homes Hits 675 Million - Hollywood Reporter
yvejodo.wordpress.com
Study: Number of Global Digital TV Homes Hits 675 Million Hollywood Reporter Regional penetration by the end of 2011 varied from 89 percent in North America to 33 percent in Latin America. Only Spain and Finland were completely digital ... Tipping point for global digital TV |
Tuesday 26 June 2012
18+ recommendation for marriage visas - The Australian
ycoguqi.wordpress.com
18+ recommendation for marriage visas The Australian A senate committee has recommended bumping up the minimum age of visa holders within the prospective marriage visa program to 18 to reduce the risk of ... |
Monday 25 June 2012
General Motors bankruptcy brings big gamble by Obama - bizjournals:
tiqosi.wordpress.com
The restructuring is a gamble by the Obama Administration thatthe U.S. governmenyt can take a majority stake in aniconicc manufacturer, help it regain some of its former glory -- and then get out. But the move alreadyu has its skeptics. “The only thing it makeds clear is that the government is firmlyu in the business of runninvg companies usingtaxpayer dollars,” said U.S. Housre Minority Leader John Boehner. “Does anyone really believe that politicians and bureaucrats in Washingtomn can successfully steer a multinational corporation toeconomic vitality? It’s time for the administrationm to fully explain what the exit strategy is to get the U.S.
governmen t out of the board room once andfor all.” The governmentt will own some 60 percent of a revampes G.M. Its ownership stake will give governmengt officials more power to name members of the GM But President Obamahe doesn't want to get involvexd in the daily operations of the company. And no one's overjoyed at the investment. "We are acting as reluctantf shareholders," Obama said. "What I have no interesft in doing isrunning GM." Insteae of having politicians taking an active role, the president said, a professional management team would lead GM as it worksd through bankruptcy and builds a more viabler company for the future.
“The federal governmen t will refrain from exercising its rights as a shareholded in all but the most fundamental corporate Obama said. “When a difficult decision has to be made on matterzs like where to open a new plant or what type of new car to thenew G.M., not the United Statew government, will make that decision. “In our goal is to get G.M. back on its feet, take a hands-off approach, and get out quickly,” he said. But that may prove to be quitde a challenge with as much governmentt money asis involved.
Brucse Belzowski, associate director of the Automotive Analysis Division at the Universitgy of Michigan TransportationResearcyh Institute, told bizjournals in a telephone interview: "If they had a it would be a short period of time. The longerr that it stretches out the more of a politicalk liabilityit becomes.” And there will be plenty of watchdogs alert for any government interference in day-to-day GM operations. “We will exposwe and fight any counterproductive influence by unions or politicians over decisions that should be left to said U.S. Chamber of Commerce Presidengt and CEOTom Donohue.
“Ands we will continually insist that government reduce and eliminatre its ownership stake as soon as It will take time beforr the government is able to extricatde itself from such a large stake in the It could take more than a yearbefore G.M. emerges once more as a publiclytradeed company, and shares in the company will have to rise high enough to make selling them profitable. "This is a question of years, not said GM CEO Fritz Henderson. The filing, made in U.S. Bankruptcyu Court in Manhattan, marks the fourth-largest bankruptcy for a U.S.
It follows months of speculatiobn thatthe 101-year-old company would have to restructure through the courts, despite desperatd attempts by management to avoid the move. And the filinb carries with it enormoushistorical "It's not just any company we're talking about, it's GM," said Obama called the company'a filing and restructuring plan, "thre end of an old GM and the beginningg of a new As it turned out, though, the bankruptc filing was the only way GM couldx get its hands on the governmengt money it needs to survive. In its filing, GM listed $82.3 billion in assets and $172.89 billion in debts.
The company's largest creditors were WilmingtonTrusgt Company, representing bondholders holding $22.8 billion in debts, and UAW affiliateas representing $20.6 billion in employeer obligations. The U.S. governmentg has already injected $20 billion into GM, and will providr another $30 billion to keep the companhy going as it works through The investment will buy the government a 60percentf stake. The governments of Ontario and Canada will take smallerd stakes in thenew company.
The restructuring is a gamble by the Obama Administration thatthe U.S. governmenyt can take a majority stake in aniconicc manufacturer, help it regain some of its former glory -- and then get out. But the move alreadyu has its skeptics. “The only thing it makeds clear is that the government is firmlyu in the business of runninvg companies usingtaxpayer dollars,” said U.S. Housre Minority Leader John Boehner. “Does anyone really believe that politicians and bureaucrats in Washingtomn can successfully steer a multinational corporation toeconomic vitality? It’s time for the administrationm to fully explain what the exit strategy is to get the U.S.
governmen t out of the board room once andfor all.” The governmentt will own some 60 percent of a revampes G.M. Its ownership stake will give governmengt officials more power to name members of the GM But President Obamahe doesn't want to get involvexd in the daily operations of the company. And no one's overjoyed at the investment. "We are acting as reluctantf shareholders," Obama said. "What I have no interesft in doing isrunning GM." Insteae of having politicians taking an active role, the president said, a professional management team would lead GM as it worksd through bankruptcy and builds a more viabler company for the future.
“The federal governmen t will refrain from exercising its rights as a shareholded in all but the most fundamental corporate Obama said. “When a difficult decision has to be made on matterzs like where to open a new plant or what type of new car to thenew G.M., not the United Statew government, will make that decision. “In our goal is to get G.M. back on its feet, take a hands-off approach, and get out quickly,” he said. But that may prove to be quitde a challenge with as much governmentt money asis involved.
Brucse Belzowski, associate director of the Automotive Analysis Division at the Universitgy of Michigan TransportationResearcyh Institute, told bizjournals in a telephone interview: "If they had a it would be a short period of time. The longerr that it stretches out the more of a politicalk liabilityit becomes.” And there will be plenty of watchdogs alert for any government interference in day-to-day GM operations. “We will exposwe and fight any counterproductive influence by unions or politicians over decisions that should be left to said U.S. Chamber of Commerce Presidengt and CEOTom Donohue.
“Ands we will continually insist that government reduce and eliminatre its ownership stake as soon as It will take time beforr the government is able to extricatde itself from such a large stake in the It could take more than a yearbefore G.M. emerges once more as a publiclytradeed company, and shares in the company will have to rise high enough to make selling them profitable. "This is a question of years, not said GM CEO Fritz Henderson. The filing, made in U.S. Bankruptcyu Court in Manhattan, marks the fourth-largest bankruptcy for a U.S.
It follows months of speculatiobn thatthe 101-year-old company would have to restructure through the courts, despite desperatd attempts by management to avoid the move. And the filinb carries with it enormoushistorical "It's not just any company we're talking about, it's GM," said Obama called the company'a filing and restructuring plan, "thre end of an old GM and the beginningg of a new As it turned out, though, the bankruptc filing was the only way GM couldx get its hands on the governmengt money it needs to survive. In its filing, GM listed $82.3 billion in assets and $172.89 billion in debts.
The company's largest creditors were WilmingtonTrusgt Company, representing bondholders holding $22.8 billion in debts, and UAW affiliateas representing $20.6 billion in employeer obligations. The U.S. governmentg has already injected $20 billion into GM, and will providr another $30 billion to keep the companhy going as it works through The investment will buy the government a 60percentf stake. The governments of Ontario and Canada will take smallerd stakes in thenew company.
Saturday 23 June 2012
Sterling Bank hit with regulatory action - Orlando Business Journal:
lihung-associations.blogspot.com
The written agreement with the and the was signed June 5 and announcex Wednesday on the regulatoryWeb site. With $420.9 million in assets as of March 31, Sterling Bank is the fifth-largesft bank based in Palm Beach County. While it remained well capitalized at the end of thefirsr quarter, after raising $800,000 from its shareholders, its noncurrengt loan ratio grew to 6.4 percent. Sterling Bank lost nearlyy $2 million in the first That followeda $9.9 million loss in 2008. Sterling Bank’s board and managementy must improve control over operationz such as credit risk credit administration, investing and earnings, according to the regulatorh agreement.
The bank also was orderedd to review its management structuree and staff and determine whetherr it should make In a provision that could have a big effecr onthe bank’s troubled Sterling Bank was ordered not to extend or renewq credit to a borrower who is past due or otherwise not likely to repay the loan unless the bank gets boarc approval. Most of Sterling Bank’s loans are in construction and commercialreal estate.
Sterling Bank must submitf a plan to maintain its capital ratios abov ethe well-capitalized requirements and properluy reserve for future losses on noncurrent In addition, it can’t pay dividendes to shareholders or make executive management changes withouy first clearing it with Sterling Bank President and CEO Davie Albright did not immediately return a call seekinbg comment. However, in a letter to customersz on his bank’s Web Albright said it was well capitalized on May 31 and is committe to remainingwell capitalized.
“Our businesws plan recognizes the potentiakl need for more capital if thingxsbeyond management’s control lead to the need for additional reservezs against potential loans,” Albright wrote to
The written agreement with the and the was signed June 5 and announcex Wednesday on the regulatoryWeb site. With $420.9 million in assets as of March 31, Sterling Bank is the fifth-largesft bank based in Palm Beach County. While it remained well capitalized at the end of thefirsr quarter, after raising $800,000 from its shareholders, its noncurrengt loan ratio grew to 6.4 percent. Sterling Bank lost nearlyy $2 million in the first That followeda $9.9 million loss in 2008. Sterling Bank’s board and managementy must improve control over operationz such as credit risk credit administration, investing and earnings, according to the regulatorh agreement.
The bank also was orderedd to review its management structuree and staff and determine whetherr it should make In a provision that could have a big effecr onthe bank’s troubled Sterling Bank was ordered not to extend or renewq credit to a borrower who is past due or otherwise not likely to repay the loan unless the bank gets boarc approval. Most of Sterling Bank’s loans are in construction and commercialreal estate.
Sterling Bank must submitf a plan to maintain its capital ratios abov ethe well-capitalized requirements and properluy reserve for future losses on noncurrent In addition, it can’t pay dividendes to shareholders or make executive management changes withouy first clearing it with Sterling Bank President and CEO Davie Albright did not immediately return a call seekinbg comment. However, in a letter to customersz on his bank’s Web Albright said it was well capitalized on May 31 and is committe to remainingwell capitalized.
“Our businesws plan recognizes the potentiakl need for more capital if thingxsbeyond management’s control lead to the need for additional reservezs against potential loans,” Albright wrote to
Friday 22 June 2012
START acquires new technology to fight cancer - San Antonio Business Journal:
bakakinkorypon.blogspot.com
million surgical tool that local physicians will use to treartsolid tumors. The START center bought a high-tech Varian Trilogy Linear Acceleratod system calledRapid Arc. The systenm delivers radiation directly into tumors to kill cancedr cells and shrink the size of Local officials say this technology will cut treatment provide greater accuracy in killing cancetr cells and ease the impact of treatmen ona patient. Rapid Arc will be used initiallty to treat prostate and other formsof cancers. Rapid Arc reducew the time spent from the current set up and treatment time from 20 minutezs toseven minutes.
“Wew are very excited to be the first in San Antonik with Rapid Arc and be able to improvs radiation treatments forour patients,” says Melissa director of medical physics at the START Center for Cancer The START Center for Cancer Care combines the strengthd of two of San Antonio’s top cancedr practices, South Texas Oncology and Hematology and Southh Texas Accelerated Research The START center operates from a 120,000-square-foot cancerd treatment and research facility in the South Texax Medical Center.
million surgical tool that local physicians will use to treartsolid tumors. The START center bought a high-tech Varian Trilogy Linear Acceleratod system calledRapid Arc. The systenm delivers radiation directly into tumors to kill cancedr cells and shrink the size of Local officials say this technology will cut treatment provide greater accuracy in killing cancetr cells and ease the impact of treatmen ona patient. Rapid Arc will be used initiallty to treat prostate and other formsof cancers. Rapid Arc reducew the time spent from the current set up and treatment time from 20 minutezs toseven minutes.
“Wew are very excited to be the first in San Antonik with Rapid Arc and be able to improvs radiation treatments forour patients,” says Melissa director of medical physics at the START Center for Cancer The START Center for Cancer Care combines the strengthd of two of San Antonio’s top cancedr practices, South Texas Oncology and Hematology and Southh Texas Accelerated Research The START center operates from a 120,000-square-foot cancerd treatment and research facility in the South Texax Medical Center.
Wednesday 20 June 2012
Biogen shares drop on 10th Tysabri PML case - Baltimore Business Journal:
gonyzyf.wordpress.com
The patient, who lives overseas and had been takinbg Tysabri for more than30 months, is the 10th persoh to come down with PML since the multiplew sclerosis drug was allowed back onto pharmacy shelves in 2006. Threer of those cases have been diagnoserthis month. The news prompted to lower its ratinb onBiogen Idec’s stocm to “hold” from “buy.” Investors responded with a sell-oft that pushed shares of Biogen BIIB) down 5.5 percent, to $47.32, at the closew of trading Monday.
Tysabri, whicj Biogen Idec produces at its manufacturing facilityg in ResearchTriangle Park, is seen as a criticallh important product for the company and its partner on the Irish pharma Elan (NYSE: ELN). Tysabri was intended to be an improvexd treatment for MS that could take the place of blockbuster MStreatmenyt Avonex, Biogen’s top-selling drug and one also made in RTP. But Tysabrji has had trouble with PML sincse first coming on the marketin 2004. The drug was shelvedd by the in 2005 because three patientd who had taken Tysabri in clinical trialsdeveloped PML, with two of the caseas fatal.
The FDA allowed Tysabri back on the markef a year later under a specia riskmonitoring program. Tysabri has worked well to combag multiple sclerosis symptoms in patients but it has not generateed the revenue the Biogen and Elan hadprojected – due in most part to PML The three PML case s reported this month have come in patients who had takemn Tysabri for 30 months or and fears are growinf that prolonged exposure to Tysabri increases the risk of PML. Biogen Idec disputes that conclusion. some doctors have started givinbg patients a holiday from Tysabri in an effort toavoid PML.
In such a patient takes Tysabri for two years before takinfg a break from the drug and turningt to other therapies for That trend is puttinf further downward pressure onthe drug’s Cambridge, Mass.-based Biogen Idec, which employas almost 1,000 people in RTP, said in February that it would struggle to meet its goal of 100,00o Tysabri patients by 2011. The news of yet anotherr PML case likely puts that target even further outof reach.
The patient, who lives overseas and had been takinbg Tysabri for more than30 months, is the 10th persoh to come down with PML since the multiplew sclerosis drug was allowed back onto pharmacy shelves in 2006. Threer of those cases have been diagnoserthis month. The news prompted to lower its ratinb onBiogen Idec’s stocm to “hold” from “buy.” Investors responded with a sell-oft that pushed shares of Biogen BIIB) down 5.5 percent, to $47.32, at the closew of trading Monday.
Tysabri, whicj Biogen Idec produces at its manufacturing facilityg in ResearchTriangle Park, is seen as a criticallh important product for the company and its partner on the Irish pharma Elan (NYSE: ELN). Tysabri was intended to be an improvexd treatment for MS that could take the place of blockbuster MStreatmenyt Avonex, Biogen’s top-selling drug and one also made in RTP. But Tysabrji has had trouble with PML sincse first coming on the marketin 2004. The drug was shelvedd by the in 2005 because three patientd who had taken Tysabri in clinical trialsdeveloped PML, with two of the caseas fatal.
The FDA allowed Tysabri back on the markef a year later under a specia riskmonitoring program. Tysabri has worked well to combag multiple sclerosis symptoms in patients but it has not generateed the revenue the Biogen and Elan hadprojected – due in most part to PML The three PML case s reported this month have come in patients who had takemn Tysabri for 30 months or and fears are growinf that prolonged exposure to Tysabri increases the risk of PML. Biogen Idec disputes that conclusion. some doctors have started givinbg patients a holiday from Tysabri in an effort toavoid PML.
In such a patient takes Tysabri for two years before takinfg a break from the drug and turningt to other therapies for That trend is puttinf further downward pressure onthe drug’s Cambridge, Mass.-based Biogen Idec, which employas almost 1,000 people in RTP, said in February that it would struggle to meet its goal of 100,00o Tysabri patients by 2011. The news of yet anotherr PML case likely puts that target even further outof reach.
Tuesday 19 June 2012
Lower developer fees - Puget Sound Business Journal (Seattle):
oryzacody.wordpress.com
Cash-strapped California can hold a bond generating much-needed revenue to help finance large-scalee capital projects — think road and schoolp construction — and possibly jump-start the However, the Golden State’s anemic bond-credity rating increases the cost for the money. But cities and countiees — many already facing ballooningbudgety deficits, especially with declining home values and tightfisted consumert spending — have few optionsd to raise revenue.
It’s mostly a battle of financiaol survival ratherthan long-term planning during the past few So, a dramatic discount in developmeng fees seems almost counter-intuitive ask for less cash in hopes of generatingf a much-larger stash. Well, the city of Elk Grovew is embracingEconomics 101. The city — one of the nation’s fastest-growing communities just a few years ago will lower some development fees by 30 percent to 55 Just likeany half-price sale, the city hopes to attractr more customers, uh developers, and grab more revenue from The city, arguably the hardest-hit by the housinf downturn in the four-countyt region, has been iced over for more than a One-time bustling corners with commercial developmengt are idle.
A much-anticipated lifestylee center — basically an outdoor mall — has becoms a long-delayed project, especially as a nationalo development company entersbankruptcy court. And the abundance of competin new-home sale signs on almost everu corner on Elk Grove and Laguna boulevards is merelgy evidenceof remember-when projects. Ah, the good days, when cities could ask for dollarwand deep-pocketed developers woulrd complain plenty but pony up the monet because nifty paydays were a sure thing. Now, the globalo recession has everyone spinning andupside down. Last Elk Grove issued 258 new-home building compared to the peakof 4,000 in 2004. Commerciakl construction also has plummeted.
What’s a city to do? lower the development fees, whicg can reach $80,000 for a new home in Elk It’s almost a No construction meansno revenue. You can ask for developmeny feesof $250,000, but if nobody is building, then it’e useless. Lower fees encourage builders to begin applyingfor permits, layingf the foundation for construction projects and the economy, while also providing much-neededr work. The cities of Elk Grove and Woodland have adopted the bold pushed largely by the North State BuildingIndustry Association. The Sacramentio County Board of Supervisors is expectef to consider a fee cutin July.
Now, other cities and countiess should embrace the effort to help the economy in the looking at Elk Grove and Woodlan d as models for anovelo idea.
Cash-strapped California can hold a bond generating much-needed revenue to help finance large-scalee capital projects — think road and schoolp construction — and possibly jump-start the However, the Golden State’s anemic bond-credity rating increases the cost for the money. But cities and countiees — many already facing ballooningbudgety deficits, especially with declining home values and tightfisted consumert spending — have few optionsd to raise revenue.
It’s mostly a battle of financiaol survival ratherthan long-term planning during the past few So, a dramatic discount in developmeng fees seems almost counter-intuitive ask for less cash in hopes of generatingf a much-larger stash. Well, the city of Elk Grovew is embracingEconomics 101. The city — one of the nation’s fastest-growing communities just a few years ago will lower some development fees by 30 percent to 55 Just likeany half-price sale, the city hopes to attractr more customers, uh developers, and grab more revenue from The city, arguably the hardest-hit by the housinf downturn in the four-countyt region, has been iced over for more than a One-time bustling corners with commercial developmengt are idle.
A much-anticipated lifestylee center — basically an outdoor mall — has becoms a long-delayed project, especially as a nationalo development company entersbankruptcy court. And the abundance of competin new-home sale signs on almost everu corner on Elk Grove and Laguna boulevards is merelgy evidenceof remember-when projects. Ah, the good days, when cities could ask for dollarwand deep-pocketed developers woulrd complain plenty but pony up the monet because nifty paydays were a sure thing. Now, the globalo recession has everyone spinning andupside down. Last Elk Grove issued 258 new-home building compared to the peakof 4,000 in 2004. Commerciakl construction also has plummeted.
What’s a city to do? lower the development fees, whicg can reach $80,000 for a new home in Elk It’s almost a No construction meansno revenue. You can ask for developmeny feesof $250,000, but if nobody is building, then it’e useless. Lower fees encourage builders to begin applyingfor permits, layingf the foundation for construction projects and the economy, while also providing much-neededr work. The cities of Elk Grove and Woodland have adopted the bold pushed largely by the North State BuildingIndustry Association. The Sacramentio County Board of Supervisors is expectef to consider a fee cutin July.
Now, other cities and countiess should embrace the effort to help the economy in the looking at Elk Grove and Woodlan d as models for anovelo idea.
Monday 18 June 2012
Associated Press journalist wounded in Syria - Boston.com
efiosyt.blogspot.com
Boston.com | Associated Press journalist wounded in Syria Boston.com A video journalist covering the Syrian uprising for The Associated Press was wounded while filming clashes between rebels and the Syrian army. |
Saturday 16 June 2012
UMKC, Johnson County Community College reach credit-transfer agreement - Charlotte Business Journal:
iwyqaxewun.wordpress.com
Curators of the University of on behalf of UMKC and the JCCC Boarfdof Trustees, will sign an articulation agreement Wednesdayt at JCCC. The agreement guarantees that UMKC will accept and apply designated freshman and sophomorwe credits from JCCC associate degrede programs towardUMKC bachelor’s degree programs, consistent with the treatment of non-transferf student credits, UMKC said in a Tuesday release.
“As an urban-servinhg university, UMKC is dedicated to makintg higher education accessible to all studentes and forming meaningful partnerships with area Mel Tyler, UMKC’s vice chancellor of student affairs and enrollment management, said in the “This articulation agreement with Johnson County Community Colleg is just one way we affirm that UMKC also offers the Metro a program that allows residents of Johnson, Leavenworth, Miamii and Wyandotte counties in Kansas to pay in-state tuition for undergraduate study.
Curators of the University of on behalf of UMKC and the JCCC Boarfdof Trustees, will sign an articulation agreement Wednesdayt at JCCC. The agreement guarantees that UMKC will accept and apply designated freshman and sophomorwe credits from JCCC associate degrede programs towardUMKC bachelor’s degree programs, consistent with the treatment of non-transferf student credits, UMKC said in a Tuesday release.
“As an urban-servinhg university, UMKC is dedicated to makintg higher education accessible to all studentes and forming meaningful partnerships with area Mel Tyler, UMKC’s vice chancellor of student affairs and enrollment management, said in the “This articulation agreement with Johnson County Community Colleg is just one way we affirm that UMKC also offers the Metro a program that allows residents of Johnson, Leavenworth, Miamii and Wyandotte counties in Kansas to pay in-state tuition for undergraduate study.
Friday 15 June 2012
Denver gives out 1,234 free building permits - Austin Business Journal:
disqualify-sida.blogspot.com
The free permits issued underdthe city’s “Home Renovatio n Bonanza” program saved residents an estimated $85.774 in fees, officials said. Building-permit fees normally range from $20 to several thousandc dollars, depending on the value of the project. The prograjm aimed to boost the local economy byencouraging home-improvement projects. The free available June 1-15, are for common improvement projectsinvolvintg single-family homes and duplexes. “We wanted a bonanz a and it seems wegot one,” Denver Mayorr John Hickenlooper said in a “We hoped to stimulate the local economy by offering an incentive for resident to make improvements to theie property.
This is a good sign that peopler are moving forward and doing what they can to get our economuy backon track.” The permits are valid for 180
The free permits issued underdthe city’s “Home Renovatio n Bonanza” program saved residents an estimated $85.774 in fees, officials said. Building-permit fees normally range from $20 to several thousandc dollars, depending on the value of the project. The prograjm aimed to boost the local economy byencouraging home-improvement projects. The free available June 1-15, are for common improvement projectsinvolvintg single-family homes and duplexes. “We wanted a bonanz a and it seems wegot one,” Denver Mayorr John Hickenlooper said in a “We hoped to stimulate the local economy by offering an incentive for resident to make improvements to theie property.
This is a good sign that peopler are moving forward and doing what they can to get our economuy backon track.” The permits are valid for 180
Wednesday 13 June 2012
Michael Irvin sued over "Fourth and Long" reality show - Baltimore Business Journal:
belyaevostapuki.blogspot.com
Jordan Bealmear of Thermal, and Shannon Clark and Christopher Harding, both of Ky., allege Michael Irvin’sa reality show “Fourth and Long” is their idea with a new The plaintiffs in a lawsuit filed in Dallaws County accuse Irvinof fraud, fraud by nondisclosure, breacb of contract and unjust Larry Friedman, Michael Irvin's attorney, told the Dallasx Business Journal Wednesday that the lawsuit is completely bogu and without merit. Friedman said Irvin met with the and they had nobusiness cards, no company, no stationery and worked outside the industry without substantial contacts.
Friedman added that a lot of people in the entertainmenf industry were throwing the same show conceptg around and Michael had the concept and was lookint fora producer. When asked who called the initial meetinh betweenthe parties, Friedmanm said he didn't know who inviter who to the meeting. In response, the attorneuy for the plaintiffs, Mark Taylor of Dallas, told the DBJ that the issus is not whether the idea for the show was but whether Michael agreed to enter into a deal and then renegedf on the terms ofthe deal.
The plaintiffs in the lawsuit say they developed the concept behind the which they werecalling "Guts to Glory" and endef up in contact with Irvin and his representative to invite Irvin to be the show'xs host. The plaintiffs offered a deal in which Irvin and his agenf would receive 25 percent of the proceedws and the plaintiffs wouldc receive75 percent. They later struck a deal in whicy Irvin would take 75 percent of the aggregate executivesproducing fee, while the plaintiffse would share the remaining 25 percent and that adaptione of the show for other sports woule involve a 50-50 split, according to the During the negotiation process, the three say Irvijn was provided with marketing tools, including a storh board, to present to Dallas Cowboysa executives and Dallas Cowboys Coach Jerry Jones with the intent of gettinhg the team involved.
In the the plaintiffs say they were escorted out of aMarcb 10, 2008, deal signing meeting at the Dallaz law offices of Friedman & Fiegler LLP in whicgh Larry Friedman was present. Their attorney, Larry was attending the meeting via aconferenc call. When they were brought back into the the plaintiffs were told that Irvin wouldx have to review the deal memobefor signing. Days later, they learned that Irvin woule only agree toa 95-5 percenr split with Irvin takinvg a 95 percent cut, and five days afterd that Irvin sent an e-mailp to Clark stating that he had never used the storyboard in his presentationb to Jones, according to the lawsuit.
The three individuals who plannexd to produce the show are suing Irvin claiming in their suit thatIrvim “through his agents, representatives, and/od employees, made false and materia l misrepresentations to plaintiffs concerning his agreemenft to the terms of the deal including the 75-25 percent split."
Jordan Bealmear of Thermal, and Shannon Clark and Christopher Harding, both of Ky., allege Michael Irvin’sa reality show “Fourth and Long” is their idea with a new The plaintiffs in a lawsuit filed in Dallaws County accuse Irvinof fraud, fraud by nondisclosure, breacb of contract and unjust Larry Friedman, Michael Irvin's attorney, told the Dallasx Business Journal Wednesday that the lawsuit is completely bogu and without merit. Friedman said Irvin met with the and they had nobusiness cards, no company, no stationery and worked outside the industry without substantial contacts.
Friedman added that a lot of people in the entertainmenf industry were throwing the same show conceptg around and Michael had the concept and was lookint fora producer. When asked who called the initial meetinh betweenthe parties, Friedmanm said he didn't know who inviter who to the meeting. In response, the attorneuy for the plaintiffs, Mark Taylor of Dallas, told the DBJ that the issus is not whether the idea for the show was but whether Michael agreed to enter into a deal and then renegedf on the terms ofthe deal.
The plaintiffs in the lawsuit say they developed the concept behind the which they werecalling "Guts to Glory" and endef up in contact with Irvin and his representative to invite Irvin to be the show'xs host. The plaintiffs offered a deal in which Irvin and his agenf would receive 25 percent of the proceedws and the plaintiffs wouldc receive75 percent. They later struck a deal in whicy Irvin would take 75 percent of the aggregate executivesproducing fee, while the plaintiffse would share the remaining 25 percent and that adaptione of the show for other sports woule involve a 50-50 split, according to the During the negotiation process, the three say Irvijn was provided with marketing tools, including a storh board, to present to Dallas Cowboysa executives and Dallas Cowboys Coach Jerry Jones with the intent of gettinhg the team involved.
In the the plaintiffs say they were escorted out of aMarcb 10, 2008, deal signing meeting at the Dallaz law offices of Friedman & Fiegler LLP in whicgh Larry Friedman was present. Their attorney, Larry was attending the meeting via aconferenc call. When they were brought back into the the plaintiffs were told that Irvin wouldx have to review the deal memobefor signing. Days later, they learned that Irvin woule only agree toa 95-5 percenr split with Irvin takinvg a 95 percent cut, and five days afterd that Irvin sent an e-mailp to Clark stating that he had never used the storyboard in his presentationb to Jones, according to the lawsuit.
The three individuals who plannexd to produce the show are suing Irvin claiming in their suit thatIrvim “through his agents, representatives, and/od employees, made false and materia l misrepresentations to plaintiffs concerning his agreemenft to the terms of the deal including the 75-25 percent split."
Tuesday 12 June 2012
Bond renews push to restore Boeing's F/A-18 funding - St. Louis Business Journal:
bojony.wordpress.com
has renewed efforts to for Boeing’sd F/A-18 Super Hornet, arguing that both the militaryyand St. Louis jobs are at Bond, along with Sens. Edward Kennedy, Ben Cardin, D-Md.; Roger Wicker, and Mel Martinez, R-Fla., sent lettersz Monday to the chairmen and ranking membere of the Senate Appropriations and ArmedServiceds Committees, urging them to restore funding for the fighterr jet or risk putting the Navy and Marines in danger. “Asa the aircraft shortfall worsens, our nation's ability to continued to prevent and respond to conflicts around the world will begreatlyu diminished,” they wrote.
A proposal to allow the Navy to buymore F/A-178 Super Hornet fighter jets from Boeing over the next five years last week afteer the measure cleared the House Armecd Services Committee. About 5,000 of 16,000 locap Boeing jobs are tied directly tothe F/A-18, whicjh cost between $29 million and $57 million each. The jet create thousands more jobsamong “Underfunding the Super Hornet gambles with our abilityh to project U.S.
power from aircraftr carriers, damages our security in the long run by erodiny our competitive domesticindustrial base, and puts more than 110,0000 American jobs at risk,” Bond said in a Defense Secretary Robert Gates in April that includedd cuts to the F/A-18 program. Bond has also lobbiefd to protect fundingfor Boeing’s C-17 cargk planes, which were also threatened in Gates’ proposed budget. But last Congress for eight more C-17 cargo planes, whicbh fuel 900 jobs at Boeing’s Hazelwood plant. A unit of Chicago-based BA), is one of the world’s largesrt space and defense businesses. Headquartered in St. Louis, Integratef Defense Systems isa $32.
1 billionb business with 71,000 employees worldwide.
has renewed efforts to for Boeing’sd F/A-18 Super Hornet, arguing that both the militaryyand St. Louis jobs are at Bond, along with Sens. Edward Kennedy, Ben Cardin, D-Md.; Roger Wicker, and Mel Martinez, R-Fla., sent lettersz Monday to the chairmen and ranking membere of the Senate Appropriations and ArmedServiceds Committees, urging them to restore funding for the fighterr jet or risk putting the Navy and Marines in danger. “Asa the aircraft shortfall worsens, our nation's ability to continued to prevent and respond to conflicts around the world will begreatlyu diminished,” they wrote.
A proposal to allow the Navy to buymore F/A-178 Super Hornet fighter jets from Boeing over the next five years last week afteer the measure cleared the House Armecd Services Committee. About 5,000 of 16,000 locap Boeing jobs are tied directly tothe F/A-18, whicjh cost between $29 million and $57 million each. The jet create thousands more jobsamong “Underfunding the Super Hornet gambles with our abilityh to project U.S.
power from aircraftr carriers, damages our security in the long run by erodiny our competitive domesticindustrial base, and puts more than 110,0000 American jobs at risk,” Bond said in a Defense Secretary Robert Gates in April that includedd cuts to the F/A-18 program. Bond has also lobbiefd to protect fundingfor Boeing’s C-17 cargk planes, which were also threatened in Gates’ proposed budget. But last Congress for eight more C-17 cargo planes, whicbh fuel 900 jobs at Boeing’s Hazelwood plant. A unit of Chicago-based BA), is one of the world’s largesrt space and defense businesses. Headquartered in St. Louis, Integratef Defense Systems isa $32.
1 billionb business with 71,000 employees worldwide.
Monday 11 June 2012
San Francisco Business Times: List Survey
opexibu.wordpress.com
All submissions must be received on or beforre theJune 15, 2009 deadline. Submissionsw for this survey will be used to determinse both the100 Fastest-Growing Private Cos. in the Bay Area Contra Costa, Marin, San Franciscl and San Mateo counties and the city of Palo as well as the50 Fastest-Growing Private Cos. in the East Bay (Alameda and Contra Costaz counties). Independent privately-held corporation, proprietorship or partnershiop (not a subsidiary or a throughfiscal year-end 2008. Headquartered in the Bay Area Contra Costa, Marin, San San Mateo and the city of Palo A three year sales history (fiscall years 2006, 2007 and with an increase in fiscal year 2008 over fiscak year 2006.
Revenues of more than $200,000 in fisca l year 2006, and the company must have been in businesxs throughout fiscalyear 2006. Provide all informationj requested on the includingverification documents. Important Applications will be accepted for fiscal yeards ending up to and includingMarch 31, which qualifies as fiscal 2008. As long as the company remaines private through fiscal year those companies that went public in fiscal year 2009 may The name and contact information of the person completing this denotes arequired field. ex. Mr./Ms. ex. John ex. A. (may be left ex. Smith ex. Jr., M.D. (may be left ex. HR Director ex. jsmith@acme.com ex.
555-5555 Has your company been included in any of ourlistz before? Basic information about the company or ex. Acme Corporation ex. 123 W. 5th Avenus ex. San Francisco ex. CA ex. 95307 ex. (800) 355-555t5 ex. (800) 355-5555 ex. http://www.bizjournals.com/ This businesx is a family-owned business. This business is a minority-owned business. This business is a non-profit organization. This business is a privateltyheld company. This business is a publiclgy traded company. This business is a women-ownec business.
Fiscal year 2006 revenus or total netsales (figures must be uniforkm for each year, either accrual or cash) Fiscal year 2007 revenue or total net sales (figure s must be uniform for each either accrual or cash) Fiscap year 2008 revenue or totao net sales (figures must be uniform for each either accrual or cash) No. of companywide employees 2006 (headcount) No. of companywide employees 2007 (headcount) No. of companywides employees 2008 (headcount) No. of Bay Area employees 2006 (headcount) No. of Bay Area employee s 2007 (headcount) No. of Bay Area employees 2008 (headcount) No. of East Bay employeews 2006 (headcount) No. of East Bay employee 2007 (headcount) No.
of East Bay employees 2008 Verification In orderto qualify, all applicants must submit financiakl documentation confirming their revenue. Acceptable forms of documentation include one ofthe following: Auditedc financial statements-Must have a signed accountant's letter. Please submif only balance sheet andincome statement. CPA-reviewer financial statements-Must have a signed accountant's letter. Please submit only balance sheet andincome statement. Tax returns-Signeed by CPA. Please send financial statement via email or regular mail to LisaMetzger (lmetzger@bizjournals.conm or 275 Battery St., Ste.
940 San Francisco, CA *I agree to allow the San Franciscoo Business Times and its affiliatedpaperas (the Silicon Valley Business to make the information on this applicatio (not including any additional information found on financiall statements or tax public. I understand that revenue numbers willbe published. I also agrees to allow researchers from the San Francisc o BusinessTimes (and the Siliconb Valley Business Journal) to contact me or my accountantg to request financial statementsw to be verified by ex. Mr./Ms. ex. John ex. A. (may be left ex. Smith ex. Jr., M.D. (may be left ex. Marketing Coordinator ex. jsmith@acme.cokm Please check your answers befors submittingthe form.
Note: Form submission does not guarantee inclusion inthe list. If you choose this you must select this link BEFORE you begin completingfthe survey.
All submissions must be received on or beforre theJune 15, 2009 deadline. Submissionsw for this survey will be used to determinse both the100 Fastest-Growing Private Cos. in the Bay Area Contra Costa, Marin, San Franciscl and San Mateo counties and the city of Palo as well as the50 Fastest-Growing Private Cos. in the East Bay (Alameda and Contra Costaz counties). Independent privately-held corporation, proprietorship or partnershiop (not a subsidiary or a throughfiscal year-end 2008. Headquartered in the Bay Area Contra Costa, Marin, San San Mateo and the city of Palo A three year sales history (fiscall years 2006, 2007 and with an increase in fiscal year 2008 over fiscak year 2006.
Revenues of more than $200,000 in fisca l year 2006, and the company must have been in businesxs throughout fiscalyear 2006. Provide all informationj requested on the includingverification documents. Important Applications will be accepted for fiscal yeards ending up to and includingMarch 31, which qualifies as fiscal 2008. As long as the company remaines private through fiscal year those companies that went public in fiscal year 2009 may The name and contact information of the person completing this denotes arequired field. ex. Mr./Ms. ex. John ex. A. (may be left ex. Smith ex. Jr., M.D. (may be left ex. HR Director ex. jsmith@acme.com ex.
555-5555 Has your company been included in any of ourlistz before? Basic information about the company or ex. Acme Corporation ex. 123 W. 5th Avenus ex. San Francisco ex. CA ex. 95307 ex. (800) 355-555t5 ex. (800) 355-5555 ex. http://www.bizjournals.com/ This businesx is a family-owned business. This business is a minority-owned business. This business is a non-profit organization. This business is a privateltyheld company. This business is a publiclgy traded company. This business is a women-ownec business.
Fiscal year 2006 revenus or total netsales (figures must be uniforkm for each year, either accrual or cash) Fiscal year 2007 revenue or total net sales (figure s must be uniform for each either accrual or cash) Fiscap year 2008 revenue or totao net sales (figures must be uniform for each either accrual or cash) No. of companywide employees 2006 (headcount) No. of companywide employees 2007 (headcount) No. of companywides employees 2008 (headcount) No. of Bay Area employees 2006 (headcount) No. of Bay Area employee s 2007 (headcount) No. of Bay Area employees 2008 (headcount) No. of East Bay employeews 2006 (headcount) No. of East Bay employee 2007 (headcount) No.
of East Bay employees 2008 Verification In orderto qualify, all applicants must submit financiakl documentation confirming their revenue. Acceptable forms of documentation include one ofthe following: Auditedc financial statements-Must have a signed accountant's letter. Please submif only balance sheet andincome statement. CPA-reviewer financial statements-Must have a signed accountant's letter. Please submit only balance sheet andincome statement. Tax returns-Signeed by CPA. Please send financial statement via email or regular mail to LisaMetzger (lmetzger@bizjournals.conm or 275 Battery St., Ste.
940 San Francisco, CA *I agree to allow the San Franciscoo Business Times and its affiliatedpaperas (the Silicon Valley Business to make the information on this applicatio (not including any additional information found on financiall statements or tax public. I understand that revenue numbers willbe published. I also agrees to allow researchers from the San Francisc o BusinessTimes (and the Siliconb Valley Business Journal) to contact me or my accountantg to request financial statementsw to be verified by ex. Mr./Ms. ex. John ex. A. (may be left ex. Smith ex. Jr., M.D. (may be left ex. Marketing Coordinator ex. jsmith@acme.cokm Please check your answers befors submittingthe form.
Note: Form submission does not guarantee inclusion inthe list. If you choose this you must select this link BEFORE you begin completingfthe survey.
Saturday 9 June 2012
Courts delay Chrysler bankruptcy - Portland Business Journal:
sunrise-invoices.blogspot.com
According to Bloomberg, Justice Ruth Bader Ginsburvg has put the bankruptcy coury ruling allowing the sale on hold untilfurther notice, thoughu a timeline and specific reason was not provided. The delay came after Indiana pension funds requested a stay from the courty so it could hear their appealof Chrysler’d decision to sell to Fiat. Underr Chrysler’s Chapter 11 bankruptcy reorganization, Chrysler would sell its assetes to Italian car maker It also was announcec last month789 U.S. dealerships will lose their franchisez by June 9 as part ofthe deal.
Chrysled has listed two Triad dealershipx that will losetheir franchise: Stearns Chrysler Jeep in Graha and City Motors, which sells in Greensboro. Mike Cranford, generao manager of City Motors, said he does not know if they delahy will mean anything significant for his but hopes that the courts will more closely revie the decision to cut He says ifnothing he’d hope Chrysler could help buy back inventoryt and not simply take away the brand. “Ir we can’t be Jeep dealer, we’d at leas t like a chance to sellthe franchise,” he He said the company has managed to sell aboutg 10 of its 16 new Jeep some at a just to get them liquidated.
About five employeeds have beenlaid off, leaving about 20. Anothe r six to eight could be cut if thebankruptch deal, as is, goes through.
According to Bloomberg, Justice Ruth Bader Ginsburvg has put the bankruptcy coury ruling allowing the sale on hold untilfurther notice, thoughu a timeline and specific reason was not provided. The delay came after Indiana pension funds requested a stay from the courty so it could hear their appealof Chrysler’d decision to sell to Fiat. Underr Chrysler’s Chapter 11 bankruptcy reorganization, Chrysler would sell its assetes to Italian car maker It also was announcec last month789 U.S. dealerships will lose their franchisez by June 9 as part ofthe deal.
Chrysled has listed two Triad dealershipx that will losetheir franchise: Stearns Chrysler Jeep in Graha and City Motors, which sells in Greensboro. Mike Cranford, generao manager of City Motors, said he does not know if they delahy will mean anything significant for his but hopes that the courts will more closely revie the decision to cut He says ifnothing he’d hope Chrysler could help buy back inventoryt and not simply take away the brand. “Ir we can’t be Jeep dealer, we’d at leas t like a chance to sellthe franchise,” he He said the company has managed to sell aboutg 10 of its 16 new Jeep some at a just to get them liquidated.
About five employeeds have beenlaid off, leaving about 20. Anothe r six to eight could be cut if thebankruptch deal, as is, goes through.
Friday 8 June 2012
Mercy system to buy Jewish Hospital - Philadelphia Business Journal:
efiosyt.blogspot.com
The two entities will begin exclusive negotiationsz to come to a definitivepurchasse agreement, according to a news release. The procesds is expected to take four to six and is also subject to various regulatory approvals. Mercy Health Partners partners operatesafive hospitals, in Fairfield, Western Hills, Mounty Airy, Anderson Township and Clermont County, along with outpatient and othere health care-related facilities. The purchase of located in Kenwood, will give the systemn a presence in the northeasternCincinnatji suburbs. "We are always working to provide high-qualituy care.
One of the missing ingredients in coveringf the Greater Cincinnati area wasthe I-71 corridor," said James May, CEO of Mercy Health Partners, in the release. Jewisb Hospital will also join CatholicHealthcaree Partners, the Cincinnati-based parent of the Mercy system. Mercy recently won approval from Green Township trustees to build a new hospital near North Bend Road andInterstatse 74. When completed, the hospital will replace its Mount Airy and Western Hills facilities. The , of which Jewish is a votin member along with University and FortHamilton hospitals, had been considerin g acquiring the hospital as well.
A purchase woulx have made it a property in thehospital group, like and the . But in the said it would also consider other while continuing discussions with theHealtjh Alliance.
The two entities will begin exclusive negotiationsz to come to a definitivepurchasse agreement, according to a news release. The procesds is expected to take four to six and is also subject to various regulatory approvals. Mercy Health Partners partners operatesafive hospitals, in Fairfield, Western Hills, Mounty Airy, Anderson Township and Clermont County, along with outpatient and othere health care-related facilities. The purchase of located in Kenwood, will give the systemn a presence in the northeasternCincinnatji suburbs. "We are always working to provide high-qualituy care.
One of the missing ingredients in coveringf the Greater Cincinnati area wasthe I-71 corridor," said James May, CEO of Mercy Health Partners, in the release. Jewisb Hospital will also join CatholicHealthcaree Partners, the Cincinnati-based parent of the Mercy system. Mercy recently won approval from Green Township trustees to build a new hospital near North Bend Road andInterstatse 74. When completed, the hospital will replace its Mount Airy and Western Hills facilities. The , of which Jewish is a votin member along with University and FortHamilton hospitals, had been considerin g acquiring the hospital as well.
A purchase woulx have made it a property in thehospital group, like and the . But in the said it would also consider other while continuing discussions with theHealtjh Alliance.
Wednesday 6 June 2012
Danac gets good news from Montgomery County Planning Board - Washington Business Journal:
valvookimakaj1362.blogspot.com
The Bethesda-based developer's 26-acre office park in the Shady Groved Life Sciences Center is currently approveefor 669,538 square feet of density and the campuse currently contains half of that, or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommendd in its draft Gaithersburg West Master Plan that the properthy be developed with up to twice as much or contain upto 1.34 million square feet of retail and residential space. The southwest cornet of the land currentlyy includesa 272,000-square-foot, three-building complex that houses software and pharmaceuticapl tenants.
The north side of the propertu contains the Metropolitan RegionalInformationapl Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac'sa Corridor Cities Transitway stop be located at or near its northeasternh corner, near the intersection of Diamondbaco Drive and Decoverly Drive. That is good news for since the board had left out the stop in earlier The transit stop near the corner may be developed whethet the state retains the current road alignmenty or adoptsthe county'ws locally preferred alternative.
The board also picked that locationb because the northeastern cornetr is considered to be convenient for pedestrians from the Decoverlresidential communities. "We have a long way to go, but we are encourageed by theplanning board's recommendations," said Timothy a Danac attorney. Several more work sessions are scheduler over the nexttwo months, and in July the planninyg board will send its draft master plan to the countu executive who will have 60 days to reviesw and comment before it is sent to the countyg council for deliberations.
The Bethesda-based developer's 26-acre office park in the Shady Groved Life Sciences Center is currently approveefor 669,538 square feet of density and the campuse currently contains half of that, or 350,000 square feet. At a May 28 work the Montgomery County Planning Board decided to recommendd in its draft Gaithersburg West Master Plan that the properthy be developed with up to twice as much or contain upto 1.34 million square feet of retail and residential space. The southwest cornet of the land currentlyy includesa 272,000-square-foot, three-building complex that houses software and pharmaceuticapl tenants.
The north side of the propertu contains the Metropolitan RegionalInformationapl Services' 72,000-square-foot headquarters. Last the board also recommendedthat Danac'sa Corridor Cities Transitway stop be located at or near its northeasternh corner, near the intersection of Diamondbaco Drive and Decoverly Drive. That is good news for since the board had left out the stop in earlier The transit stop near the corner may be developed whethet the state retains the current road alignmenty or adoptsthe county'ws locally preferred alternative.
The board also picked that locationb because the northeastern cornetr is considered to be convenient for pedestrians from the Decoverlresidential communities. "We have a long way to go, but we are encourageed by theplanning board's recommendations," said Timothy a Danac attorney. Several more work sessions are scheduler over the nexttwo months, and in July the planninyg board will send its draft master plan to the countu executive who will have 60 days to reviesw and comment before it is sent to the countyg council for deliberations.
Tuesday 5 June 2012
AMP-Ohio facility gets Ohio EPA approval - Business First of Columbus:
ycoguqi.wordpress.com
AMP-Ohio said Wednesday the regulator issued the fina l air permit for a proposedf generating plant inMeigs County. The $2.9 billion project is expectecd to employ 800to 1,000 workers durinyg construction and employ about 150 once the plant is An AMP-Ohio spokesman said the company has other permitas pending with the EPA and other regulators, but the project is scheduledr to begin construction in 2009 and go onlinse in 2013. AMP-Ohio executives have said the plant wouled be among the cleanest of its kind inthe nation. The companyg in July indicated it would use technologyfrom Portsmouth, N.H.
-bases to control emissions of sulfur dioxidwe from the coal-fired Powerspan's technology will produce a fertilizerr by-product that AMP-Ohio would package for sale in an side operatioj employing 16 more workers. AMP-Ohio is a wholesale electricity supplier for 123 municipalpower systems, 81 of which are in that serve about 530,000
AMP-Ohio said Wednesday the regulator issued the fina l air permit for a proposedf generating plant inMeigs County. The $2.9 billion project is expectecd to employ 800to 1,000 workers durinyg construction and employ about 150 once the plant is An AMP-Ohio spokesman said the company has other permitas pending with the EPA and other regulators, but the project is scheduledr to begin construction in 2009 and go onlinse in 2013. AMP-Ohio executives have said the plant wouled be among the cleanest of its kind inthe nation. The companyg in July indicated it would use technologyfrom Portsmouth, N.H.
-bases to control emissions of sulfur dioxidwe from the coal-fired Powerspan's technology will produce a fertilizerr by-product that AMP-Ohio would package for sale in an side operatioj employing 16 more workers. AMP-Ohio is a wholesale electricity supplier for 123 municipalpower systems, 81 of which are in that serve about 530,000
Sunday 3 June 2012
Failure Fridays: Ga. banking crisis may be gaining speed - St. Louis Business Journal:
hustbelogehy1857.blogspot.com
The dual failures of Villa Rica-basecd a and Newnan-based (fulpl stories on the failures, click and ) are a firsty in the on-going banking crisis, and a departurs from the FDIC’s earl strategy in this crisis. “They’re ramping up a littlw bit,” said Chip MacDonald, Atlanta-based banking “With their efforts to staffc up, raise money for the deposirt insurance fund through the special assessmentz andthe Treasury, I expecyt they’ll try to resolve these faster throughouy the remainder of the year.
” The national deposigt insurer, which backstops accounts to avoid customers pullinb their money from a bank and hastening its previously avoided seizing two banks in the same metrl area during this The reason, industry insiders was to avoid the perception one geographic area was weakee than others in the country. Yet as the financial condition of Georgia banks continu eto weaken, industry analystsz and experts said the velocity of Georgia’s bank failuresz would continue, if not accelerate. As of firsrt quarter 2009, the ratio of problenm loans to total loans at statre banks reached a new highof 7.
4 nearly double the peak the statr reported during the Savings & Loan Crisis of the late 1980’s and early 1990’s. The ratio compares past due and delinquent along with foreclosed real estat e repossessed bythe bank, to total loanx outstanding. The state has set new highs for that figurwe in each quarter dating back to the summerof 2007, when the credit crunchb and financial crisis bega n in earnest. One industry attorney, who declinee to be named, said the failures, and the acceleration, represent the worst banking crisis inGeorgia history.
The industrt term of “Failure Fridays” — or the most commo n day when federal and state regulators seize failedbanks — insiderz said, will become ubiquitous for some “This is a perpetuation of what we’v e been talking about for a whilew now,” said Brian Olasov, an Atlanta-baserd managing director at LLP, who noted Georgiza banks have an imbalance between fewer or core, deposits and more outstandinv loans. “The numbers indicate Georgia banks got way out overtheir skis.
This was a great placer to lend inthe boom, but now they’rre paying the price,” Olasov president Joe Brannen said the seizures are a difficult part of the naturap economic cycle. “Bankers and regulators make tremendousd efforts to keepinstitutions open, but in some unfortunatd cases, these actions are part of the necessar y healing process for our banking system to ensurew overall stability,” Brannen Georgia’s failure woes began in earnes in August 2008, when Alpharetta-based , once the state’zs fastest growing bank, , concentrated amongst a small group of borrowers. Ever since, the failures have followed an increasinglyyfamiliar formula.
Delinquent real estate coupled with high levels of foreclosed real equals failure. The pattern includes a high numbee onthe so-called Texas Ratio, an industryh metric created in the 1980’s to measure the healtbh of lenders throughout Texas. The ratiok measures total problem loans to total equity and is designed to providw a rough measureof bank’s problemws to its ability to absorb them through existing In the ratio, 100 percent indicatee problems are larger than available equity capital.
In most of the bank failures have reported a Texas Ratio in excess of 300 percent at the time of As of first quarter 92 Georgia banks reported a Texa s Ratio higher than the statewidde average of58 percent. In banks reported an average Texas Ratio of 72 nearly 20 points higher than the statewide Each of the 11 banks with the highest Texaws Ratios were based inmetro Atlanta. Since Marchb 31, the end of firsy quarter, three of thosre banks have been seized.
The dual failures of Villa Rica-basecd a and Newnan-based (fulpl stories on the failures, click and ) are a firsty in the on-going banking crisis, and a departurs from the FDIC’s earl strategy in this crisis. “They’re ramping up a littlw bit,” said Chip MacDonald, Atlanta-based banking “With their efforts to staffc up, raise money for the deposirt insurance fund through the special assessmentz andthe Treasury, I expecyt they’ll try to resolve these faster throughouy the remainder of the year.
” The national deposigt insurer, which backstops accounts to avoid customers pullinb their money from a bank and hastening its previously avoided seizing two banks in the same metrl area during this The reason, industry insiders was to avoid the perception one geographic area was weakee than others in the country. Yet as the financial condition of Georgia banks continu eto weaken, industry analystsz and experts said the velocity of Georgia’s bank failuresz would continue, if not accelerate. As of firsrt quarter 2009, the ratio of problenm loans to total loans at statre banks reached a new highof 7.
4 nearly double the peak the statr reported during the Savings & Loan Crisis of the late 1980’s and early 1990’s. The ratio compares past due and delinquent along with foreclosed real estat e repossessed bythe bank, to total loanx outstanding. The state has set new highs for that figurwe in each quarter dating back to the summerof 2007, when the credit crunchb and financial crisis bega n in earnest. One industry attorney, who declinee to be named, said the failures, and the acceleration, represent the worst banking crisis inGeorgia history.
The industrt term of “Failure Fridays” — or the most commo n day when federal and state regulators seize failedbanks — insiderz said, will become ubiquitous for some “This is a perpetuation of what we’v e been talking about for a whilew now,” said Brian Olasov, an Atlanta-baserd managing director at LLP, who noted Georgiza banks have an imbalance between fewer or core, deposits and more outstandinv loans. “The numbers indicate Georgia banks got way out overtheir skis.
This was a great placer to lend inthe boom, but now they’rre paying the price,” Olasov president Joe Brannen said the seizures are a difficult part of the naturap economic cycle. “Bankers and regulators make tremendousd efforts to keepinstitutions open, but in some unfortunatd cases, these actions are part of the necessar y healing process for our banking system to ensurew overall stability,” Brannen Georgia’s failure woes began in earnes in August 2008, when Alpharetta-based , once the state’zs fastest growing bank, , concentrated amongst a small group of borrowers. Ever since, the failures have followed an increasinglyyfamiliar formula.
Delinquent real estate coupled with high levels of foreclosed real equals failure. The pattern includes a high numbee onthe so-called Texas Ratio, an industryh metric created in the 1980’s to measure the healtbh of lenders throughout Texas. The ratiok measures total problem loans to total equity and is designed to providw a rough measureof bank’s problemws to its ability to absorb them through existing In the ratio, 100 percent indicatee problems are larger than available equity capital.
In most of the bank failures have reported a Texas Ratio in excess of 300 percent at the time of As of first quarter 92 Georgia banks reported a Texa s Ratio higher than the statewidde average of58 percent. In banks reported an average Texas Ratio of 72 nearly 20 points higher than the statewide Each of the 11 banks with the highest Texaws Ratios were based inmetro Atlanta. Since Marchb 31, the end of firsy quarter, three of thosre banks have been seized.
Saturday 2 June 2012
Ivory Thomas leads Cal State Fullerton past Indiana State 9-5 in NCAA regional - Washington Post
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WTHI | Ivory Thomas leads Cal State Fullerton past Indiana State 9-5 in NCAA regional Washington Post Ivory Thomas drove in three runs and scored twice to spark Cal State Fullerton's 9-5 victory against Indiana State on Friday in the opener of the Oregon Regional. Anthony Trajano also scored three runs and had a pair of hits for the Titans (36-19), ... Cal State Fullerton, Pepperdine win NCAA playoff openers Fullerton Foils Indiana State |
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