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Some operations and equipment from a steel stamping plany inGrand Rapids, Mich., whicb is slated to close as part of the automaker'se restructuring, will be transferred to according to Bob Wheeler, a spokesmabn for the Wentzville plant. It's not yet known how if any, Michigan employees will opt to transferto Wentzville, he GM officials called Wentzville Mayor Paul Lambui at 9 a.m. Monday to assure him the local plant wouldremain open.
"It's good that they are shippinbg in work forthis plant," Lambi "That's a positive that corporate thinks this plant will be Still, Lambi said, rival automaker Chrysleer plans to shutter its Fenton factorsw after investing $130 million in them, so it was importanf for Wentzville to not rely on GM so much and diversify its revenue stream. When Lambi took office seve years ago, Wentzville counted on GM for abouyt 55 to 60 percentf of itstotal revenue. Today, that's more like 15 percenf of the city's $24 millio n general fund, because GM pays the city abouty $3 million a year in real estat taxes, property taxes and other he said.
GM on Monday by the end of but the Wentzville plant was sparexbecause it’s the only plant where Chevrolet Express and GMC Savanq vans are made, The Wentzvillw plant will still undergo a previousl announced and other production cuts in June and July that will resulgt in the layoffs of 300 workers. Monday’s Chapter 11 filing by the 101-year-ole automaker is among the largestin U.S. historty and largest-ever U.S. manufacturing bankruptcy. GM listec $173 billion in liabilitiee and $82 billion in assets, accordingy to the filed in New York. GM to St.
largest privately held company, Enterprise Rent-a-Car, and to Chaptert 11, which allows the companyy to operate while protected fromits creditors, pushezs GM into a fast-track bankruptcy and provides $30 billionm of additional taxpayer funds to restructure. The GM plan as detailedf by U.S. officials would allow a much smallef GM to emerge from court protection within 60 to 90 The automaker has not provided an updated target for job cuts but was lookinbg toeliminate 21,000 U.S. factory jobs from the 54,000 unionm members it now employs. General Motors employs 92,000 in the Unite d States and is indirectly responsiblefor 500,000 The U.S.
government would hold a 60 percent financial interest in areorganized GM, and the UAW woule take a 17.5 percent stake. The governmentz of Canada and the province of Ontariol have agreed to a 12 percent ownership stake in exchange forfinancial aid. GM bondholderw would get 10 percent. "It’s a bittersweetg thing," Wheeler said. "You hate to have to go throughb the process of closing plants and eliminating butlook around, that’s what's goingh on with a lot of industries. Hopefullyu we can rebound, hire peoplw in the future and be the vibrant company weonce were.
" Download a copy of the
Friday, April 29, 2011
Wednesday, April 27, 2011
Top St. Louis leaders - St. Louis Business Journal:
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billion in 2008 revenue. Danforth, a grandson of Ralstonj Purina founderWilliam Danforth, represented Missouri in the U.S. Senate for 18 When the moderate Republican retire din 1995, he spearheaded the region’s revitalization effortws by founding St. Louis 2004 and changed the focus of the to developintg plant and life sciences The foundationhad $223 million in total assetw in 2007. Steve Schankman, Contemporary Productions For 40 years, Schankma has been the region’s chief impresario, bringing concerts to large and small venues, producing the two-day St.
Louis visit of Pope John Paul II in 1999 and bringing headliners to FairSaint Louis/Live on the He donated $1 million for the Schankman Familyt Plaza at the zoo. Todd Lumiere Place George’s $507 million Lumiere Place casinko complex opened at the endof 2007. He drew the winninvg hand in November when voters approved the remova of loss limits forMissouriu gamblers. Third quarter revenue at Lumierw Placewas $50.9 million in 2008. Charlier Brennan, KMOX Brennan just celebrated his 20th year at where he blends serious and entertaining interviews with breakint news and open lines onlocap radio’s top-rated weekday mid-morning shows.
He also appearas as a regular on KETC-TV’s Donnybrook. Fred Saint Louis Symphony Duringhis five-year gig at the Dallasa Symphony Orchestra, Bronstein reversed a multiyear decline in ticket sales by addingb crowd-pleasing programming. With less than one year on the job, he lookw to do the same for the ailing SLSO. The symphony reported a 12.5 percentf increase in revenue from holiday programming inDecember 2008. Bob Baer, Metro Baer is the chiec of Metro, the St. Louis transit agency that suffered a significant loss on Proposition M in The agency is seeking to pluga $50 million budget defici t in fiscal 2010 after Proposition M did not pass last Both St.
Louis city and the countu included Metro on their economic infrastructure wish so there’s hope yet. Vince Bommarito, Tony’sd Restaurant Bommarito keeps St. Louis on the international dining map. He stilo greets every Tony’s guest not just the rich and famous. An early downtown champion, Bommarito is looking at operating the proposexnew café within the sculpturd and landscape garden in the $100 million Gateway Mall. Anna International Institute Immigrant entrepreneursfuel St. Louis’ economyy and revitalize its neighborhoods. Crosslin’s International with a $5.
5 million annual budget, helps them with one-on-onre business planning, loan funds and training. The agency was the catalyst for the revitalizatio of the internationally flavoredd South Grand business district and is the saving gracew of thousands of refugees and immigrants who receivde a wide array ofresettlementf services. Dr. William Danforth, Donalc Danforth, Plant Science Center When it come sto leadership, generosity and wisdom, Danforth is at the head of the The foundation that bears his family’zs name has invested tens of millions of dollars in making St. Louise a hub for biomedical and plangsciences research.
A high-profile advocate for embryonix stemcell research, he is a Harvarx trained physician and was ’s chancellof for 24 years. The universitt officially changed the name of its Hilltopo Campus to the Danforth Campusin 2006. Davids Hoffman, Hoffman moved his $124 million headhuntinhg company headquarters from Chicago to Claytonbin 2007. It didn’t take long for him to make his mark Hoffman helped the recruit its newexecutivs director, Fred Bronstein. Joe Wiley, Quest Managementr Consultants Wiley provides executiver search and outplacement services for clients suchas , Maritz, Nestle and the Missouri Botanical Garden.
Stilol he is most closely identifiedwith SLU, wher e he was a Hall of Fame basketbalkl player and now broadcasts games. Juanita Hinshaw, H& H Advisers Less than 10 percentof St. Louis publicc company board seats are filledby women. That makesw Hinshaw, a former and executive, She sits on two of thosre boards, Insituform Technolgies and , and she has made it a goal to promotee more women forthose positions. former chairman of Dimensional Fund Advisors and a pioneetr in the developmentof small-stock investing, is bettinbg his time, attention and millions of dollars in campaigmn donations that he can reform how the State of Missourki does business.
He was the major contributor for thenew $1.1 millio n Chess Club and Scholastixc Center of Saint Louis. Kim Restaurateur, SLU trustee, convention commissioner and civivbooster extraordinaire, Tucci can get you greagt Billikens seats or maybe George Clooney’zs autograph. As head of the St. Louis Film Office, Tucci joinedx local leaders in enticinfg Clooneywith $4 million in tax creditss to spend five months shootingh his new movie here.
John Fox Arnold, Lashlg & Baer ’s chairman, Arnold has been a go-betweenm attorney for government agencies for most of his Arnold served as special counsel for the transfer of the McKinley Bridge and was the legal brains behind the bond sale s that financed the Cross Count yMetroLink extension. Harvey Harris, The Harris is the managing partner at theStolarr Partnership, which is known for its nonprofiyt law practice. He is a former chair of Metro, and helpedc launch the CORTEXbiotech corridor. Harrisz recently sold his interestin , the group that savef the Fox Theatre. Walter Metcalfe, Metcalfe, who was Bryan Cave’sw chairman from 1994 to 2004, has been a link in many of St.
largest business deals, from luring the Rams and selling the to organizingf Grand Center andthe . He remaind a key link for the area’s power brokersd and financial backers. Tom Schlafly, Schlafly Beer Who is king of beerxs now? Schlafly opened the Tap Room brewery downtown in 1991 and a new bottlingy facility and restaurant in Maplewoosd adecade later. The latter is creditede with jumpstarting the revitalization alongManchesterd Road. Schlafly is the chair of the St. Louis Publicd Library Foundation.
billion in 2008 revenue. Danforth, a grandson of Ralstonj Purina founderWilliam Danforth, represented Missouri in the U.S. Senate for 18 When the moderate Republican retire din 1995, he spearheaded the region’s revitalization effortws by founding St. Louis 2004 and changed the focus of the to developintg plant and life sciences The foundationhad $223 million in total assetw in 2007. Steve Schankman, Contemporary Productions For 40 years, Schankma has been the region’s chief impresario, bringing concerts to large and small venues, producing the two-day St.
Louis visit of Pope John Paul II in 1999 and bringing headliners to FairSaint Louis/Live on the He donated $1 million for the Schankman Familyt Plaza at the zoo. Todd Lumiere Place George’s $507 million Lumiere Place casinko complex opened at the endof 2007. He drew the winninvg hand in November when voters approved the remova of loss limits forMissouriu gamblers. Third quarter revenue at Lumierw Placewas $50.9 million in 2008. Charlier Brennan, KMOX Brennan just celebrated his 20th year at where he blends serious and entertaining interviews with breakint news and open lines onlocap radio’s top-rated weekday mid-morning shows.
He also appearas as a regular on KETC-TV’s Donnybrook. Fred Saint Louis Symphony Duringhis five-year gig at the Dallasa Symphony Orchestra, Bronstein reversed a multiyear decline in ticket sales by addingb crowd-pleasing programming. With less than one year on the job, he lookw to do the same for the ailing SLSO. The symphony reported a 12.5 percentf increase in revenue from holiday programming inDecember 2008. Bob Baer, Metro Baer is the chiec of Metro, the St. Louis transit agency that suffered a significant loss on Proposition M in The agency is seeking to pluga $50 million budget defici t in fiscal 2010 after Proposition M did not pass last Both St.
Louis city and the countu included Metro on their economic infrastructure wish so there’s hope yet. Vince Bommarito, Tony’sd Restaurant Bommarito keeps St. Louis on the international dining map. He stilo greets every Tony’s guest not just the rich and famous. An early downtown champion, Bommarito is looking at operating the proposexnew café within the sculpturd and landscape garden in the $100 million Gateway Mall. Anna International Institute Immigrant entrepreneursfuel St. Louis’ economyy and revitalize its neighborhoods. Crosslin’s International with a $5.
5 million annual budget, helps them with one-on-onre business planning, loan funds and training. The agency was the catalyst for the revitalizatio of the internationally flavoredd South Grand business district and is the saving gracew of thousands of refugees and immigrants who receivde a wide array ofresettlementf services. Dr. William Danforth, Donalc Danforth, Plant Science Center When it come sto leadership, generosity and wisdom, Danforth is at the head of the The foundation that bears his family’zs name has invested tens of millions of dollars in making St. Louise a hub for biomedical and plangsciences research.
A high-profile advocate for embryonix stemcell research, he is a Harvarx trained physician and was ’s chancellof for 24 years. The universitt officially changed the name of its Hilltopo Campus to the Danforth Campusin 2006. Davids Hoffman, Hoffman moved his $124 million headhuntinhg company headquarters from Chicago to Claytonbin 2007. It didn’t take long for him to make his mark Hoffman helped the recruit its newexecutivs director, Fred Bronstein. Joe Wiley, Quest Managementr Consultants Wiley provides executiver search and outplacement services for clients suchas , Maritz, Nestle and the Missouri Botanical Garden.
Stilol he is most closely identifiedwith SLU, wher e he was a Hall of Fame basketbalkl player and now broadcasts games. Juanita Hinshaw, H& H Advisers Less than 10 percentof St. Louis publicc company board seats are filledby women. That makesw Hinshaw, a former and executive, She sits on two of thosre boards, Insituform Technolgies and , and she has made it a goal to promotee more women forthose positions. former chairman of Dimensional Fund Advisors and a pioneetr in the developmentof small-stock investing, is bettinbg his time, attention and millions of dollars in campaigmn donations that he can reform how the State of Missourki does business.
He was the major contributor for thenew $1.1 millio n Chess Club and Scholastixc Center of Saint Louis. Kim Restaurateur, SLU trustee, convention commissioner and civivbooster extraordinaire, Tucci can get you greagt Billikens seats or maybe George Clooney’zs autograph. As head of the St. Louis Film Office, Tucci joinedx local leaders in enticinfg Clooneywith $4 million in tax creditss to spend five months shootingh his new movie here.
John Fox Arnold, Lashlg & Baer ’s chairman, Arnold has been a go-betweenm attorney for government agencies for most of his Arnold served as special counsel for the transfer of the McKinley Bridge and was the legal brains behind the bond sale s that financed the Cross Count yMetroLink extension. Harvey Harris, The Harris is the managing partner at theStolarr Partnership, which is known for its nonprofiyt law practice. He is a former chair of Metro, and helpedc launch the CORTEXbiotech corridor. Harrisz recently sold his interestin , the group that savef the Fox Theatre. Walter Metcalfe, Metcalfe, who was Bryan Cave’sw chairman from 1994 to 2004, has been a link in many of St.
largest business deals, from luring the Rams and selling the to organizingf Grand Center andthe . He remaind a key link for the area’s power brokersd and financial backers. Tom Schlafly, Schlafly Beer Who is king of beerxs now? Schlafly opened the Tap Room brewery downtown in 1991 and a new bottlingy facility and restaurant in Maplewoosd adecade later. The latter is creditede with jumpstarting the revitalization alongManchesterd Road. Schlafly is the chair of the St. Louis Publicd Library Foundation.
Monday, April 25, 2011
John Fritchey owes over $24000 in property taxes - Chicago Sun-Times
husydow.wordpress.com
John Fritchey owes over $24000 in property taxes Chicago Sun-Times County records show Fritchey and his wife didn't pay the property-tax bills due last April 1 and Dec. 1 for their Lincoln Park home. | Jean Lachat~Sun-Times A s an elected government official, Cook County Commissioner John Fritchey has a say in ... |
Friday, April 22, 2011
Seventeenth Street Plaza sold to HRPT - Puget Sound Business Journal (Seattle):
ramsburgsyuheo1544.blogspot.com
Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmenft trust that owns and operatese office and industrial paid cash forthe building. The sales priced was not announced. Seventeenth Streey Plaza is located at 122517th St., acrosx from the Tabor Center retail and hotel complex. It was developed by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previoues owners include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitablde insurance company. Australian real estate giant LendLease Corp. Ltd. took over the buildintg in the 1990s after itacquired ERE.
JPMorgan quietlh put the building on the markeyt inearly 2008, asking $385 per squarse foot, or roughly $250 million, brokers said. Brookfielrd Properties Corp. of New York and Torontko had the building under contract to purchases last summerfor $225 million, but the deal was not consummatedr because of the debt crisis’ impacyt on Brookfield’s lender, said real estate brokers knowledgeabl e about the deal. As of October, the building was off the The building, with an attached parking is 93 percent leased andincludes Ink! Coffee and Heidi’as Brooklyn Deli outlets. It is home to the headquarter s of Molson CoorsBrewing Co.
Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmenft trust that owns and operatese office and industrial paid cash forthe building. The sales priced was not announced. Seventeenth Streey Plaza is located at 122517th St., acrosx from the Tabor Center retail and hotel complex. It was developed by what’s now Jones Lang LaSalle Inc. of and was completed in 1982. Previoues owners include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitablde insurance company. Australian real estate giant LendLease Corp. Ltd. took over the buildintg in the 1990s after itacquired ERE.
JPMorgan quietlh put the building on the markeyt inearly 2008, asking $385 per squarse foot, or roughly $250 million, brokers said. Brookfielrd Properties Corp. of New York and Torontko had the building under contract to purchases last summerfor $225 million, but the deal was not consummatedr because of the debt crisis’ impacyt on Brookfield’s lender, said real estate brokers knowledgeabl e about the deal. As of October, the building was off the The building, with an attached parking is 93 percent leased andincludes Ink! Coffee and Heidi’as Brooklyn Deli outlets. It is home to the headquarter s of Molson CoorsBrewing Co.
Wednesday, April 20, 2011
Transwestern: Office decline not as ugly as tech wreck - Washington Business Journal:
obesonuqa.wordpress.com
According to the report, Class A office space in Dallasaveraged $21.68 per foot in Decemberf of 2006 and continued to rise until droppingb back down to $21.64 cents per squar foot in June. Meanwhile, Class B office spacew was pricedat $17.34 per square foot in Decembed of 2006 and also trended upward until falling back to $17.38 per foot in June of this Riis Christensen, senior vice president at Transwestern, said Frida that there has been "a two and a half year peel back in quoter rates." He added that 77 percent of Clasas A buildings have reduced their rates in the last six while 79 percent of Clasds B buildings have lowered rates.
Christensen said Class C buildings are feelinf the pinch of aconsumer market, wherew Class A and Class B properties are loweringb rates to stay competitive. "For successfu l businesses this is when there is a flight to quality from to 'B' or from to 'A', Christensen said. "People will upgrade, or they will use the markett to renegotiate where theyare now." The broade economy that led to the new conditions includexs a higher unemployment rate and the fact that Dallas-Fortg Worth bled 49,500 jobs in the 12-montb period ending in April, the report said. The overalkl vacancy rate in the offics market stoodat 16.9 percenft in the second quarter. That is up from 16.
7 percengt in the first quarter, but lower than the 17.2 percengt recorded a year ago, accordinhg to the report. Rents were lower in both the Classa A and B commercialp property sector in the first half of thereport indicated. In the second quarter of 2009, net absorptiobn in the industrial markettotaled 1.2 milliojn square feet, which is the same amounty recorded during the same period of 2008. The overalll vacancy rate in the second quarter alsowas 11.1 down slightly from 11.2 percent during the first but up from 9 percent compared to a year ago.
Despits changes related to the economy, Christensen added that 900,00o square feet of space was still absorbed this He believes this speaks well for how diversifiedthe Dallas-For Worth market is. "We're not seeing in the greatg recession the really big ugly losseas that we did in thetech wreck," he "Dallas is still going to be a job growthu leader, and that fuels everything," he "The regional economy is weaking, but it is outperformingf the rest of the
According to the report, Class A office space in Dallasaveraged $21.68 per foot in Decemberf of 2006 and continued to rise until droppingb back down to $21.64 cents per squar foot in June. Meanwhile, Class B office spacew was pricedat $17.34 per square foot in Decembed of 2006 and also trended upward until falling back to $17.38 per foot in June of this Riis Christensen, senior vice president at Transwestern, said Frida that there has been "a two and a half year peel back in quoter rates." He added that 77 percent of Clasas A buildings have reduced their rates in the last six while 79 percent of Clasds B buildings have lowered rates.
Christensen said Class C buildings are feelinf the pinch of aconsumer market, wherew Class A and Class B properties are loweringb rates to stay competitive. "For successfu l businesses this is when there is a flight to quality from to 'B' or from to 'A', Christensen said. "People will upgrade, or they will use the markett to renegotiate where theyare now." The broade economy that led to the new conditions includexs a higher unemployment rate and the fact that Dallas-Fortg Worth bled 49,500 jobs in the 12-montb period ending in April, the report said. The overalkl vacancy rate in the offics market stoodat 16.9 percenft in the second quarter. That is up from 16.
7 percengt in the first quarter, but lower than the 17.2 percengt recorded a year ago, accordinhg to the report. Rents were lower in both the Classa A and B commercialp property sector in the first half of thereport indicated. In the second quarter of 2009, net absorptiobn in the industrial markettotaled 1.2 milliojn square feet, which is the same amounty recorded during the same period of 2008. The overalll vacancy rate in the second quarter alsowas 11.1 down slightly from 11.2 percent during the first but up from 9 percent compared to a year ago.
Despits changes related to the economy, Christensen added that 900,00o square feet of space was still absorbed this He believes this speaks well for how diversifiedthe Dallas-For Worth market is. "We're not seeing in the greatg recession the really big ugly losseas that we did in thetech wreck," he "Dallas is still going to be a job growthu leader, and that fuels everything," he "The regional economy is weaking, but it is outperformingf the rest of the
Monday, April 18, 2011
Cincinnati ranked
http://www.cpbdhaka.org/press3.htm
The report divided the 100 largest metroxsinto 20-city segments, ranging from “strongest” to “weakest.” San Antonip ranked at the top of the “strongest” and Detroit placed last in the category. The Cincinnati metropolitan area rankec 62 of 100metros overall, just behind Minneapolis, accordinhg to the first-quarter MetroMonitor report, released That placed it at No. 2 in the “second-weakest” citieas category.
MetroMonitor ranked cities accordinh tofour indicators: the percent change in employmenf from its peak to first-quarter the percentage change in the unemployment rate from 1Q 2008 to 1Q the percent change in gross metropolitaj product from its peak to 1Q and the percent change in housingh prices from 1Q 2008 to 1Q 2009. The groszs metropolitan product is the total value of gooda and services produced within themetro area. Cincinnati ranked 50th of 100 for changsin employment, down 2.8 percent from its peak; 56th for year-over-year changwe in unemployment, up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housing price up 0.1 percent.
Two cities in the region fared Columbuswas 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesft category included Cleveland, 64th; Louisville, 65th; 74th; and Dayton, 79th. Youngstown (88th) and Toledi (91st) both fell into the “weakest” The MetroMonitor will be published quarterly, accordinvg to the Metropolitan Policy Programat Brookings. To read the complets report, .
The report divided the 100 largest metroxsinto 20-city segments, ranging from “strongest” to “weakest.” San Antonip ranked at the top of the “strongest” and Detroit placed last in the category. The Cincinnati metropolitan area rankec 62 of 100metros overall, just behind Minneapolis, accordinhg to the first-quarter MetroMonitor report, released That placed it at No. 2 in the “second-weakest” citieas category.
MetroMonitor ranked cities accordinh tofour indicators: the percent change in employmenf from its peak to first-quarter the percentage change in the unemployment rate from 1Q 2008 to 1Q the percent change in gross metropolitaj product from its peak to 1Q and the percent change in housingh prices from 1Q 2008 to 1Q 2009. The groszs metropolitan product is the total value of gooda and services produced within themetro area. Cincinnati ranked 50th of 100 for changsin employment, down 2.8 percent from its peak; 56th for year-over-year changwe in unemployment, up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housing price up 0.1 percent.
Two cities in the region fared Columbuswas 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesft category included Cleveland, 64th; Louisville, 65th; 74th; and Dayton, 79th. Youngstown (88th) and Toledi (91st) both fell into the “weakest” The MetroMonitor will be published quarterly, accordinvg to the Metropolitan Policy Programat Brookings. To read the complets report, .
Friday, April 15, 2011
Quinn keeps mum about proposed trans fat ban - WBEZ
haygoodfoafyga1359.blogspot.com
Chicagoist | Quinn keeps mum about proposed trans fat ban WBEZ Illinois Governor Pat Quinn won't say whether he supports a state-wide ban on artificial trans fats. The ban would make it illegal for Illinois schools and restaurants to use shortening, margarine or an other parti » |
Wednesday, April 13, 2011
Bessemer banker named to FHLBank Atlanta's board of directors - Atlanta Business Chronicle:
http://bathroom-suites.webs.com/
Goodwin, president, chairman and CEO of in Bessemerd and presidentof , was elected to one of two FHABanko director slots for the statee of Alabama. W. Russell Carothers II, president, chairman and CEO of The , was re-elected to the second Alabam a directorship. He first joined the FHLBank boarrdin 2002. Also elected to a board position this month wasThomas H. Webber III, vice president and chief financia officerfor . Webber will represenft the Washington, D.C., area. J. Thomas Johnson, vice chairman and executivde vice president of First Community Bankin S.C., also was re-elected to the Directors serve three-year terms.
, one of 12 districft banks in the Federal Home Loan Bank provides low-cost financing, community developmeng grants and other services to financial institutionzs in Alabama, Georgia, Florida, Maryland, the Carolinas and Washington, D.C.
Goodwin, president, chairman and CEO of in Bessemerd and presidentof , was elected to one of two FHABanko director slots for the statee of Alabama. W. Russell Carothers II, president, chairman and CEO of The , was re-elected to the second Alabam a directorship. He first joined the FHLBank boarrdin 2002. Also elected to a board position this month wasThomas H. Webber III, vice president and chief financia officerfor . Webber will represenft the Washington, D.C., area. J. Thomas Johnson, vice chairman and executivde vice president of First Community Bankin S.C., also was re-elected to the Directors serve three-year terms.
, one of 12 districft banks in the Federal Home Loan Bank provides low-cost financing, community developmeng grants and other services to financial institutionzs in Alabama, Georgia, Florida, Maryland, the Carolinas and Washington, D.C.
Monday, April 11, 2011
NuPhysicia rolls out workplace health care telemedicine option - Silicon Valley / San Jose Business Journal:
http://www.kolombo.byethost22.com
Houston-based NuPhysicia LLC has launched a new productt line called MedicineAt Work, which the company marketxs as on-site health care for workplacee of all sizes. NuPhysicia has secured full-times physician staffing for clients of MedicineAt Work, meanin g that emergency medicine and internal medicine physicians are availablr 40 hours a week to provid e health care services to patients via advancefd video telemedicine technology. Using two-way a doctor providing services through Medicine At Work can conducyt examinationsin real-time with the help of a specially-trained, on-site paramedicd who is also a certified nutritionisty and wellness counselor. Dr.
Michael Davis, senior vice president and a physicianat NuPhysicia, says that to be able to perforn their services all the doctors need is a 12x12w room, power plug and Internet Melody Reid, executive director for employee healty services at NuPhysicia, says doctors are on duty and availabls throughout the workday via live, two-way The doctors, she says, “stand ready” to see patients, diagnose theif illness or injury, recommened care and treatment and prescribe medications when required. “The unique thing is because we utilizetelemedicine technology, we don’t require a big constructionj buildout,” Reid says.
“Wd can use unused office space ata company’s work site.” Medicine At she adds, provides the entire clinicx setup, including an exam table, desk, scaless and blood pressure cup. “By we don’t mean telephonic or e-mai care,” Reid says. “We are trult interactive through videoconference equipment and highlu specializedmedical scopes.” NuPhysicia has so far signedx on one company for the new Medicinw At Work product line. Reid declinefd to name the Houston-based company saying only that it has 730 410 of whom are at its headquarters Portable telemedicine units are set up atthe firm’sw other locations around the city.
Among the services offered are a healtb risk assessment that uses biometric and lab informatiohn as well as patient questionnair to assessa patient’s health Doctors usually spend at least 30 minute interacting with the patient, accordinf to Reid, “to arrive at that individual’s stated of health.” Davis says the goal is not to replacee regular primary care physicians. “This is all about a collaborativse medical care initiative wherebywe co-operate with that person’s existing relationship, not replac it,” Davis says. Dr.
Oscar Boltinghouse, NuPhysicis senior vice president and a says that typically companies need tohave 1,000 or more employees to justify the buildout of an on-site health care facility. But Medicine At Work can be applief to campuses as small as400 employees, he The benefits to an employer are great, Reid “Because of the convenient access to care, employeess no longer have to drive off campuxs and take four hours out of theird day to see a doctor, or wait two to thre e weeks to secure an appointment,” she Consequently, employers should expect to see less abseentis m and a more productive work force.
the service could result in a reductiojn in health insurance costs fora company, Reid
Houston-based NuPhysicia LLC has launched a new productt line called MedicineAt Work, which the company marketxs as on-site health care for workplacee of all sizes. NuPhysicia has secured full-times physician staffing for clients of MedicineAt Work, meanin g that emergency medicine and internal medicine physicians are availablr 40 hours a week to provid e health care services to patients via advancefd video telemedicine technology. Using two-way a doctor providing services through Medicine At Work can conducyt examinationsin real-time with the help of a specially-trained, on-site paramedicd who is also a certified nutritionisty and wellness counselor. Dr.
Michael Davis, senior vice president and a physicianat NuPhysicia, says that to be able to perforn their services all the doctors need is a 12x12w room, power plug and Internet Melody Reid, executive director for employee healty services at NuPhysicia, says doctors are on duty and availabls throughout the workday via live, two-way The doctors, she says, “stand ready” to see patients, diagnose theif illness or injury, recommened care and treatment and prescribe medications when required. “The unique thing is because we utilizetelemedicine technology, we don’t require a big constructionj buildout,” Reid says.
“Wd can use unused office space ata company’s work site.” Medicine At she adds, provides the entire clinicx setup, including an exam table, desk, scaless and blood pressure cup. “By we don’t mean telephonic or e-mai care,” Reid says. “We are trult interactive through videoconference equipment and highlu specializedmedical scopes.” NuPhysicia has so far signedx on one company for the new Medicinw At Work product line. Reid declinefd to name the Houston-based company saying only that it has 730 410 of whom are at its headquarters Portable telemedicine units are set up atthe firm’sw other locations around the city.
Among the services offered are a healtb risk assessment that uses biometric and lab informatiohn as well as patient questionnair to assessa patient’s health Doctors usually spend at least 30 minute interacting with the patient, accordinf to Reid, “to arrive at that individual’s stated of health.” Davis says the goal is not to replacee regular primary care physicians. “This is all about a collaborativse medical care initiative wherebywe co-operate with that person’s existing relationship, not replac it,” Davis says. Dr.
Oscar Boltinghouse, NuPhysicis senior vice president and a says that typically companies need tohave 1,000 or more employees to justify the buildout of an on-site health care facility. But Medicine At Work can be applief to campuses as small as400 employees, he The benefits to an employer are great, Reid “Because of the convenient access to care, employeess no longer have to drive off campuxs and take four hours out of theird day to see a doctor, or wait two to thre e weeks to secure an appointment,” she Consequently, employers should expect to see less abseentis m and a more productive work force.
the service could result in a reductiojn in health insurance costs fora company, Reid
Saturday, April 9, 2011
St. John Properties takes over Opus East business park at Aberdeen Proving Ground - The Business Journal of Milwaukee:
http://homeworker.tumblr.com/post/4419283126/sliding-doors-for-everyone
U.S. Army officials worked feverishly over the past week topull St. John Propertiexs into the fold, fearful the project would come to a halt if Opus East filed for bankruptcy protection before an arrangement could be company spokesmanGerard J. Wit said in a telephonwe interview Tuesday. “It was a real round-the-clock, week-lonb effort to get this done,” Wit “We’re going to get in and try to kick-starf this right away.” Aberdeenh is gearing up for a significant influx of military jobs undefrthe Pentagon’s Base Realignment and Closure plan, expected to be completec by September 2011.
About 8,2000 military jobs will be transferred to the in addition to as manyas 18,00 private contracting jobs from companies that do businese with the incoming military agencies. The approvedc Opus East's selection of St. John Properties to take over the Governmentg and Technology Enterprise business park because of theBaltimore developer’ws ability to move forward with new Bob Penn, program director with the Army Corps, said in a As in taking over the project, includinbg (NYSE: OFC) and Manekin LLC. Opus East was awardedf rights to developthe government-owned land undetr a lease with the Army in November 2007 and brokse ground on its first buildingv in December of that year.
Since the company became straddled with millionsz of dollars in construction loans it has been unable to and the company has not started any new constructioh at the project for more than a The deal was inked June 19 betweebnOpus East, St. John Properties, with the backing of the St. John and the Army Corps of Engineersw issued statements Tuesday announcing the Witsaid St. John will pay Opus East an undisclosesd amount of money for its developmen t rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthew Holbrook to overseee the GATE project as its directoe of defense andgovernment business.
“Aberdee Proving Ground is excited about moving the project forward with St. John Tim McNamara, APG deputy garrison said in a statement. “Ws consider it a positive step to have theirr experienced management team spearheadingthe build-oug of this project.” As the to help it considefr options including bankruptcy. Its parent , has also sought bankruptcy protectionfor it’s Opus Soutb subsidiary and for two more subsidiaries of its Opus West regionaol operation. Opus Corp. spokeswoman Winston Hewett said Opus East is stilpl evaluating its options but has not made any decisionabout bankruptcy.
The company was forced to relinquish its rightzs to the Aberdeen project because it has been unablse to finance morethan $50 million in construction loans it took out to finance its projects. Most pressing amongf those debtsis $35 million the developer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in Colleger Park, for which it has sued the federa government to collect its wages on that Hewett said. St. John plans to break ground in the next two monthse on at least three new buildings at the Harforfd Countymilitary base, with commitmentx from defense contractors for up to 300,000 square feet of research and development space, Wit said.
Wit did not disclos the names of any of those Those buildings would be in addition toa 60,000-square-foo building Opus East completed in December 2008 for defens e contractor CACI. “We view this development as the most significanr commercial real estate opportunity in the history ofour company,” St. John Presiden t Edward A. St. John said in a “This is based on the amoun t of square footage that can eventually be developed as well as the importan t work that will be completedsby end-users that occupy this space.” St.
John Propertiezs is the third-largest propertyu management firm inGreater Baltimore, with nearlu 11 million square feet of commercialp space in the region. But takin g over the Aberdeen project represents a shift for the which has sought to tap into the demandf for government contracting space upuntil now. Wit said the compangy has also sought in the past to buy land for its own rather than to lease propertuy from the government such as at Opus East preliminarily received commitments from firms seeking space atits 413-acre Governmenft and Technology Enterprise businessa park but did not start any additional construction.
The developer was unwilling to dividre any of its buildingsinto multi-tenante space, Wit said, preferring instead to construct buildings for a singlse tenant. That’s created a pent-uo demand for companies seekingfrom 5,000 square feet to upwarx of 20,000 square feet, Wit said. “For all the hoopls that BRAC has brought, there’s really only one building that Opus was ableto build,” Wit “If you don’t have the placw to park those people, if you don’t have the buildinge to put them in, there was goingy to be a real logistical
U.S. Army officials worked feverishly over the past week topull St. John Propertiexs into the fold, fearful the project would come to a halt if Opus East filed for bankruptcy protection before an arrangement could be company spokesmanGerard J. Wit said in a telephonwe interview Tuesday. “It was a real round-the-clock, week-lonb effort to get this done,” Wit “We’re going to get in and try to kick-starf this right away.” Aberdeenh is gearing up for a significant influx of military jobs undefrthe Pentagon’s Base Realignment and Closure plan, expected to be completec by September 2011.
About 8,2000 military jobs will be transferred to the in addition to as manyas 18,00 private contracting jobs from companies that do businese with the incoming military agencies. The approvedc Opus East's selection of St. John Properties to take over the Governmentg and Technology Enterprise business park because of theBaltimore developer’ws ability to move forward with new Bob Penn, program director with the Army Corps, said in a As in taking over the project, includinbg (NYSE: OFC) and Manekin LLC. Opus East was awardedf rights to developthe government-owned land undetr a lease with the Army in November 2007 and brokse ground on its first buildingv in December of that year.
Since the company became straddled with millionsz of dollars in construction loans it has been unable to and the company has not started any new constructioh at the project for more than a The deal was inked June 19 betweebnOpus East, St. John Properties, with the backing of the St. John and the Army Corps of Engineersw issued statements Tuesday announcing the Witsaid St. John will pay Opus East an undisclosesd amount of money for its developmen t rightsat Aberdeen. In connection with the St. John has hired Opus East project manager Matthew Holbrook to overseee the GATE project as its directoe of defense andgovernment business.
“Aberdee Proving Ground is excited about moving the project forward with St. John Tim McNamara, APG deputy garrison said in a statement. “Ws consider it a positive step to have theirr experienced management team spearheadingthe build-oug of this project.” As the to help it considefr options including bankruptcy. Its parent , has also sought bankruptcy protectionfor it’s Opus Soutb subsidiary and for two more subsidiaries of its Opus West regionaol operation. Opus Corp. spokeswoman Winston Hewett said Opus East is stilpl evaluating its options but has not made any decisionabout bankruptcy.
The company was forced to relinquish its rightzs to the Aberdeen project because it has been unablse to finance morethan $50 million in construction loans it took out to finance its projects. Most pressing amongf those debtsis $35 million the developer spent to build a new headquarters for the Nationall Oceanic and Atmospheric Administration in Colleger Park, for which it has sued the federa government to collect its wages on that Hewett said. St. John plans to break ground in the next two monthse on at least three new buildings at the Harforfd Countymilitary base, with commitmentx from defense contractors for up to 300,000 square feet of research and development space, Wit said.
Wit did not disclos the names of any of those Those buildings would be in addition toa 60,000-square-foo building Opus East completed in December 2008 for defens e contractor CACI. “We view this development as the most significanr commercial real estate opportunity in the history ofour company,” St. John Presiden t Edward A. St. John said in a “This is based on the amoun t of square footage that can eventually be developed as well as the importan t work that will be completedsby end-users that occupy this space.” St.
John Propertiezs is the third-largest propertyu management firm inGreater Baltimore, with nearlu 11 million square feet of commercialp space in the region. But takin g over the Aberdeen project represents a shift for the which has sought to tap into the demandf for government contracting space upuntil now. Wit said the compangy has also sought in the past to buy land for its own rather than to lease propertuy from the government such as at Opus East preliminarily received commitments from firms seeking space atits 413-acre Governmenft and Technology Enterprise businessa park but did not start any additional construction.
The developer was unwilling to dividre any of its buildingsinto multi-tenante space, Wit said, preferring instead to construct buildings for a singlse tenant. That’s created a pent-uo demand for companies seekingfrom 5,000 square feet to upwarx of 20,000 square feet, Wit said. “For all the hoopls that BRAC has brought, there’s really only one building that Opus was ableto build,” Wit “If you don’t have the placw to park those people, if you don’t have the buildinge to put them in, there was goingy to be a real logistical
Thursday, April 7, 2011
Comair expects 100 additional furloughs - Business Courier of Cincinnati:
metal doors
The announcement follows a memo July 6 by PresidenftJohn Bendoraitis, who said that under the additional furloughs would be unavoidable. Delt on July 2 said it would cut September capacity out ofthe Cincinnati/Northern Kentucky International Airport by 17 That includes the elimination of flights as close as Dayton and as far-offv as Amsterdam (in It will result in a declind in peak-day flights to 215 in from 270 in In his memo, Bendoraitis said Comair in the second half of August expects to see a 9 percent declinew in block hours (hours during whichg the planes are earning Come September, he expects a 20 percent decline in blocm hours from the beginning of August.
Comaire does not expect furloughs amongflightg attendants. Spokeswoman Christine Wever, in an said the carrier is working with the Air Line PilotasAssociation “to explore every avenue for mitigating the “The number of furloughs could be reduced baseds on the voluntary options we are able to put in she wrote. Erlanger-based Comair is based at the CVG, the seventh-largesr hub operated by Atlanta-based Delta (NYSE:DAL).
The announcement follows a memo July 6 by PresidenftJohn Bendoraitis, who said that under the additional furloughs would be unavoidable. Delt on July 2 said it would cut September capacity out ofthe Cincinnati/Northern Kentucky International Airport by 17 That includes the elimination of flights as close as Dayton and as far-offv as Amsterdam (in It will result in a declind in peak-day flights to 215 in from 270 in In his memo, Bendoraitis said Comair in the second half of August expects to see a 9 percent declinew in block hours (hours during whichg the planes are earning Come September, he expects a 20 percent decline in blocm hours from the beginning of August.
Comaire does not expect furloughs amongflightg attendants. Spokeswoman Christine Wever, in an said the carrier is working with the Air Line PilotasAssociation “to explore every avenue for mitigating the “The number of furloughs could be reduced baseds on the voluntary options we are able to put in she wrote. Erlanger-based Comair is based at the CVG, the seventh-largesr hub operated by Atlanta-based Delta (NYSE:DAL).
Wednesday, April 6, 2011
SBA urged to do more to boost lending to address credit crisis - Pittsburgh Business Times:
gardellaorymiid1354.blogspot.com
On June 15, the SBA began accepting applications for emergency bridgw loans of upto $35,000. Small businesses can use thesed loans, which were created by the economicdstimulus bill, to make up to six monthes of payments on existing They won’t have to start repaying the loanxs until a year after the last disbursement. The SBA will subsidiz the interest onthese loans, which will be offeredx through private-sector lenders.
The stimulus bill also temporarily reducefd or eliminated fees onthe SBA’ regular 7(a) and 504 businesss loans, and increased the government guarantee on 7(a) loans to 90 Weekly loan volume for the SBA’s 7(a) and 504 programse has increased by more than 30 percent sinc e these changes were implemented March 16. This increasew in SBA lending is “a positivwe and welcomed sign, but we have a very long way to go beforse SBA lending reaches solid levels saidCynthia Blankenship, vice chairman and chiefd operating officer of Bank of the West in Grapevine, Blankenship told the House Small Business Committee June 10 that Congres s should extend the fee reductions beyond 2009 or make them given the depth of the recessionm and the credit crisis facing small businesses.
Meanwhile, fees on the SBA’xs 504 loans, which finance real estater projects and otherfixed assets, are schedulexd to increase significantly in October. This will negate the fee reductionx adopted in March through thestimulus bill, said Jean executive director of the Indiana Statewider CDC, a nonprofit economicc development organization that makes 504 loans. This fee increasse is unnecessary because the SBA has overestimatecd the number of 504 loans thatwill default, said Wojtowicz, who chairss the board of directors for the National Associationn of Development Companies.
She contendws banks have become far more conservative in their underwritingb duringthis recession, “and only the strongest smal businesses are now qualifying for new loans.” Unless Congresx appropriates money to offset the fee increases planned for 2010 and almost 20,000 small businesses will pay millions more dollars in fees than they should over the 20 yearzs of their 504 loans, Wojtowicz said. David Bofill, owner of two boat dealerships onLong N.Y., praised the SBA’s recent decisio to let vehicle and boat dealers use 7(a) loans to financse their inventory, at least through Sept. 30, 2010.
Most lenderas have stopped makingthese so-called “floorplan” loans, forcing many dealers to close their doors, Bofill said. The new SBA prograkm can be “a critical lifeline, but problems Bofill said. The SBA needs to “make the progra m permanent and do it he said. “It will be very difficulf to attract a lender to develop a floorplan program when the program is only slateds to lasta year,” Bofill said.
The size of thesse lines of credit also need to be expandeedbeyond $2 million, because most smalp boat dealers have inventory worth much more than
On June 15, the SBA began accepting applications for emergency bridgw loans of upto $35,000. Small businesses can use thesed loans, which were created by the economicdstimulus bill, to make up to six monthes of payments on existing They won’t have to start repaying the loanxs until a year after the last disbursement. The SBA will subsidiz the interest onthese loans, which will be offeredx through private-sector lenders.
The stimulus bill also temporarily reducefd or eliminated fees onthe SBA’ regular 7(a) and 504 businesss loans, and increased the government guarantee on 7(a) loans to 90 Weekly loan volume for the SBA’s 7(a) and 504 programse has increased by more than 30 percent sinc e these changes were implemented March 16. This increasew in SBA lending is “a positivwe and welcomed sign, but we have a very long way to go beforse SBA lending reaches solid levels saidCynthia Blankenship, vice chairman and chiefd operating officer of Bank of the West in Grapevine, Blankenship told the House Small Business Committee June 10 that Congres s should extend the fee reductions beyond 2009 or make them given the depth of the recessionm and the credit crisis facing small businesses.
Meanwhile, fees on the SBA’xs 504 loans, which finance real estater projects and otherfixed assets, are schedulexd to increase significantly in October. This will negate the fee reductionx adopted in March through thestimulus bill, said Jean executive director of the Indiana Statewider CDC, a nonprofit economicc development organization that makes 504 loans. This fee increasse is unnecessary because the SBA has overestimatecd the number of 504 loans thatwill default, said Wojtowicz, who chairss the board of directors for the National Associationn of Development Companies.
She contendws banks have become far more conservative in their underwritingb duringthis recession, “and only the strongest smal businesses are now qualifying for new loans.” Unless Congresx appropriates money to offset the fee increases planned for 2010 and almost 20,000 small businesses will pay millions more dollars in fees than they should over the 20 yearzs of their 504 loans, Wojtowicz said. David Bofill, owner of two boat dealerships onLong N.Y., praised the SBA’s recent decisio to let vehicle and boat dealers use 7(a) loans to financse their inventory, at least through Sept. 30, 2010.
Most lenderas have stopped makingthese so-called “floorplan” loans, forcing many dealers to close their doors, Bofill said. The new SBA prograkm can be “a critical lifeline, but problems Bofill said. The SBA needs to “make the progra m permanent and do it he said. “It will be very difficulf to attract a lender to develop a floorplan program when the program is only slateds to lasta year,” Bofill said.
The size of thesse lines of credit also need to be expandeedbeyond $2 million, because most smalp boat dealers have inventory worth much more than
Monday, April 4, 2011
Aetna - Dallas Business Journal:
http://www.ukbirmingham.com/user_detail.php?u=emaxallolitax
But is using its own work force to shine a light on preventativemedicine — maintaininf a healthy lifestyle in order to avoid drug s and surgery. Through a suitde of wellness programs, the firm has challengef its employees, from the company president on down, to take bettetr care of themselves. “If we can get workers to be we’ll have a more productive work saidRalph Holmes, Aetna’s president of small and middle markets. “And they more productivd they are, the more productive we are as a A key initiative isthe company’s “Getg Active Aetna” program, a 16-week nutrition and fitnessw competition between Aetna employeese throughout the country.
The which takes place during thesumme months, involves individuals and teams logging their daily eating and physica l fitness activities to earn points, and choosing rewardzs such as flat-screen televisions and based on their point totals. More than half of the company’ s 35,500 employees participated in its mostrecent “Getg Active Aetna” program, and the results were Of the participants who responded to an online surveyh following the program, 54% said they lost weight; 79% experiencef higher energy levels; 49% slept better and 35% reportes improvement in a pre-existing condition.
The company, which has 472 employees in Dallad and 701in Arlington, has even seen a slight decrease in the number of medica l claims as a result of its healtjh initiatives, Holmes says. Aetna wants its employees to do more than exerciss andeat right, however. Its “Knowq Your Numbers” initiative encourages them to get screened and tracj theirblood pressure, cholestero l and blood glucose levels. Employees can earn $100 and take charge of their health by participating in free screeningsa aroundthe country.
The company is also helpingb its employees kick the tobacco It offers telephone coaching sessions for inspiration and supporf as well as up to six weeks of nicotine replacemenr therapy atno charge. In another key wellness employees arepaid $50 to fill out a health which is the starting point for a healthuy lifestyle incentive program. Optionsd in the program includea six-weei stress management program, a get-in-shape prograkm that educates employees about how and when to and a six-week program that shows employeew how to make healthy food substitutions and make smarr choices at restaurants. Initiatives to improvd employee health work best when company leadershipis involved.
For Mark Bertolini, president and head of business operations, was rackingh up points along with thousandsa of other employees in the most recenft Get ActiveAetna campaign, noted Holmes. Financialk incentives are another key, as is a team he added. Not only is the teamwork fun, but it also spurws individuals to follow through so thatthey don’rt let their comrades down. “We’ve seen peoplw walking out in thepark lot, attemptinb to get their pointd in,” said Holmes.
“They want their team to — Steve Garmhausen
But is using its own work force to shine a light on preventativemedicine — maintaininf a healthy lifestyle in order to avoid drug s and surgery. Through a suitde of wellness programs, the firm has challengef its employees, from the company president on down, to take bettetr care of themselves. “If we can get workers to be we’ll have a more productive work saidRalph Holmes, Aetna’s president of small and middle markets. “And they more productivd they are, the more productive we are as a A key initiative isthe company’s “Getg Active Aetna” program, a 16-week nutrition and fitnessw competition between Aetna employeese throughout the country.
The which takes place during thesumme months, involves individuals and teams logging their daily eating and physica l fitness activities to earn points, and choosing rewardzs such as flat-screen televisions and based on their point totals. More than half of the company’ s 35,500 employees participated in its mostrecent “Getg Active Aetna” program, and the results were Of the participants who responded to an online surveyh following the program, 54% said they lost weight; 79% experiencef higher energy levels; 49% slept better and 35% reportes improvement in a pre-existing condition.
The company, which has 472 employees in Dallad and 701in Arlington, has even seen a slight decrease in the number of medica l claims as a result of its healtjh initiatives, Holmes says. Aetna wants its employees to do more than exerciss andeat right, however. Its “Knowq Your Numbers” initiative encourages them to get screened and tracj theirblood pressure, cholestero l and blood glucose levels. Employees can earn $100 and take charge of their health by participating in free screeningsa aroundthe country.
The company is also helpingb its employees kick the tobacco It offers telephone coaching sessions for inspiration and supporf as well as up to six weeks of nicotine replacemenr therapy atno charge. In another key wellness employees arepaid $50 to fill out a health which is the starting point for a healthuy lifestyle incentive program. Optionsd in the program includea six-weei stress management program, a get-in-shape prograkm that educates employees about how and when to and a six-week program that shows employeew how to make healthy food substitutions and make smarr choices at restaurants. Initiatives to improvd employee health work best when company leadershipis involved.
For Mark Bertolini, president and head of business operations, was rackingh up points along with thousandsa of other employees in the most recenft Get ActiveAetna campaign, noted Holmes. Financialk incentives are another key, as is a team he added. Not only is the teamwork fun, but it also spurws individuals to follow through so thatthey don’rt let their comrades down. “We’ve seen peoplw walking out in thepark lot, attemptinb to get their pointd in,” said Holmes.
“They want their team to — Steve Garmhausen
Saturday, April 2, 2011
Moyes wants more info from Reinsdorf, NHL on Coyotes bid - South Florida Business Journal:
http://www.sgblog.com/home/user_detail.php?u=daperartyrell
Attorneys for Moyes are askingthe U.S. Bankruptcu Court in Phoenix to require more information from his business partners and the regarding his bid to buy the The Reinsdorf ownership team includes Phoenidx attorney John Kaites and sports executivweTony Tavares. It has the backingf of the NHL, which opposes a Moyes-backed bid to sell the Coyote s to Canadian billionaireJim Balsillie. CEO of BlackBerry maker Researchin Motion, has made a $213 milliohn cash offer for the Coyotese and would move them to Hamilton, Ontario. Moyeas would get $100 million out of the Balsillie deal.
The Reinsdortf bid does not list how much Reinsdorf might get from his It focuses largely on refinancing and reworking thehockegy team’s debts. Reinsdorf owns the Chicago Bullz and ChicagoWhite Sox, and it appearas his bid involves littld or no cash. Moyes wants U.S. Bankruptcy Court Judge Redfield Baum to have the NHL and the Reinsdorff ownership group disclose more information abouttheir bid, includinhg financing and dealing with unsecured debts -- includinbg money owed to Moyes, who says he has put $300 milliobn into the team.
The Moyezs camp also is pointing out that the NHL said there have been severakl bids to keep the teamin Glendale, but only the one led by Reinsdorfc was presented to Baum. Moyea put the Coyotes into Chapter 11 bankruptctin May, and part of the team’s reorganizationm was to involve a sale to Balsillie. The NHL and city of Glendal e started talking to Reinsdorfd about buying the team before the Chapter11
Attorneys for Moyes are askingthe U.S. Bankruptcu Court in Phoenix to require more information from his business partners and the regarding his bid to buy the The Reinsdorf ownership team includes Phoenidx attorney John Kaites and sports executivweTony Tavares. It has the backingf of the NHL, which opposes a Moyes-backed bid to sell the Coyote s to Canadian billionaireJim Balsillie. CEO of BlackBerry maker Researchin Motion, has made a $213 milliohn cash offer for the Coyotese and would move them to Hamilton, Ontario. Moyeas would get $100 million out of the Balsillie deal.
The Reinsdortf bid does not list how much Reinsdorf might get from his It focuses largely on refinancing and reworking thehockegy team’s debts. Reinsdorf owns the Chicago Bullz and ChicagoWhite Sox, and it appearas his bid involves littld or no cash. Moyes wants U.S. Bankruptcy Court Judge Redfield Baum to have the NHL and the Reinsdorff ownership group disclose more information abouttheir bid, includinhg financing and dealing with unsecured debts -- includinbg money owed to Moyes, who says he has put $300 milliobn into the team.
The Moyezs camp also is pointing out that the NHL said there have been severakl bids to keep the teamin Glendale, but only the one led by Reinsdorfc was presented to Baum. Moyea put the Coyotes into Chapter 11 bankruptctin May, and part of the team’s reorganizationm was to involve a sale to Balsillie. The NHL and city of Glendal e started talking to Reinsdorfd about buying the team before the Chapter11
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