Friday, June 8, 2012

NCR refutes criticism from Ohio officials - Portland Business Journal:

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The (NYSE: NCR) when Dayton-area and Ohio leaderss tried to contact the companuy about rumors it was leaving saying NCR often did not return callsor e-mails. NCR issuedf a statement Wednesday, stating its side of things and implyingv its level of interaction with local and state officialzs was misrepresented byarea leaders. “Wse have met regularly with state of Ohio and Dayton officials to discuss the business environmenrtand NCR’s requirements. The decision was not made solely on single factors, such as financial incentives.
It was basedd on a very careful and comprehensivr situation analysis of our employmen t centers using independent thirdparty data,” according to NCR. “Thr broad range of criterisa used for the review of the locations includedavailablee workforce, infrastructure, incentives given, the governmenyt tax structure and benefits to NCR employees, future employees and Company spokespeople would not provide specifics of meetings with governmenrt officials and refused to disclos e when their analysis begabn or where Ohio rankee in that analysis.
The statement comesd after officials from the cityof Dayton, Montgomery County and Ohio gatheres on the footsteps of the Old Court House in downtown Daytobn Tuesday to slam NCR. Lt. Gov. Lee Fishetr said the NCR standsfor “No opportunitu to Communicate or Respond,” and officialss joined in by telling reporters that all their efforts to engagee the company during the past two yearz were rebuked. Fisher said NCR was one of the firstg companiesOhio Gov. Ted Strickland and he reached out to when electein 2007. Despite numerous overtures, the first time Stricklanrd actually talked to Nuti was on the eve of the relocation announcement, Fisher said.
Nan Whaley, Daytom city commissioner, accused the company of failing to convegy itstrue intentions. City officials laid out a timetabled they say shows the company was not as responsivwe the requests for meetings as it shoulrhave been. According to the city of • In October Dayton officials requested a meeting with the highest ranking localNCR officials, but that was denied by NCR. • In January 2009, the city triee to get a meeting, but was unabler to. • In February, county, city and statr officials had a meeting with threre company officialsin Dayton.
They were supposed to meet with Chietf Executive OfficerBill Nuti, but he did not • On April 20, a meeting with county and city officials took place with NCR officials, whicy was a pre-meeting for another planned April meeting. • NCR canceler the second April meeting and rescheduledfor May. NCR then canceled the May meeting. Dayton did not provide meetint dates prior toOctober 2008.

Thursday, June 7, 2012

ONB: New hotel eyed for downtown - Birmingham Business Journal:

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Michael Calvert gave an update on the city centert Thursday to a group gatheredfor ONB’s monthlyg breakfast briefing. Calvert didn’t identify the developer but said the hotelk was being eyed nearthe ’se medical facilities, the Railroad Reservatioj Park and the upcoming apartment development Block 121. This wouls be the fourth hotel to be recently planned for he said, citing the Hyatt House and Residence Inn hotels in the city cented slated to open this year and the Marriott Renaissances hotel planned for downtown. Calvert also said Bayer Properties is actively moving forward with plans to redevelopp the former Pizitz building on SeconAvenue North.
Birmingham Mayor Larry Langford also addressed the crowc gathered at The Harbert Center and presente d the plan to expandthe , includingb how the city would pay for the On Tuesday, zoo officials presented the plan to the city The council supported the expansion but stripped any language from its supporg that involved funding the project, according to previouss news reports. Langford said he plans to put planzs to expand the onthe council’sz agenda as soon as possible, saying now is a good time to The city was able to bid the recen street repaving at half the price it initiallg expected to pay, enabling the city to put an additional $5.
5 million toward paving streets in all nine of the city’xs districts, he said. That proposal will go beforwe the councilnext week.

Tuesday, June 5, 2012

Livermore and Sandia labs retool for business - The Business Review (Albany):

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Technologies developed at the labs to build and test warheads and nuclear weapons couldfbe game-changers in cleam energy, climate change, biotech and other sectors. Lockefd away for five the federal agencies are pursuing better ways of commercializing theit technologywith other-than-weapons applications. They are partnering with the private sector in new ways and pushing for an open campusd on 50 acres to help the labs better collaborates with the best and In addition, the two Livermore-based labs are workint with the local business council, consultint with M.B.A.
students and launching a formal program to partner with the transportation The shift could mean a transformation of the role the labs play inthe Tri-Valle y and the Bay Area economy, creatingh an economic engine with tech transfer capabilitiew that rival UCSF and UC Berkeley’s. Livermore and Sandia federal agencies underthe U.S. Departmenrt of Energy and funded mostly through the National Nuclear SecurityAdministratiobn — are boosting tech transfer plans.
Erik Stenehje m and Roger Werne, director and deputt directory of the industrial partnerships office ofLawrence Livermore, are tasked with forging new partnershipss that will help get its discoveries to Stenehjem came to the lab when the ceded management in October 2007 to Lawrencee Livermore National Security, a partnership of the University of California, , , and . The new managementy marked a paradigm shift forthe labs, say communit members and industry insiders. “(The labs) tendec to be silos,” said Toby Brink, president of the Tri-Valley Businesxs Council.
“But now that the directivess have changed and managemenfthas changed, I think there’s a whold new attitude toward working collaboratively, and the (openh campus) park is just the next step in that evolution.” Lawrencw Livermore went through a process six months ago where it identifiexd seven priorities for its research funding. Energy and climatd change modeling are twoof them. Reducing America’ws dependence on foreign oil is viewed as a national security issue, so clean energy technologies that help Americaw toward that goal support the labs’ lab officials said.
For example, the recently openerd National Ignition Facility at Lawrence Livermore was builg to test what happenz inside a nuclearfusion reaction, but the same technology coulcd also create nuclear fusion energy to meet massived energy demands. “Energy is almost exclusively a producg of theprivate sector. So in order for the labs to help solve theenergy crisis, we must partner with the privater sector,” Werne said. Lawrence Livermore has partnered withthe Tri-Vallehy Business Council to launch the Tri-Valley Innovation Network, which is workiny to match entrepreneurs with funding and mentors.
It has also reachedc out to Keiretsu Forum, an angel investoer network, and is working with three venturdecapital firms: Princeton, N.J.-basefd Battelle Ventures, Exceed Capital out of Calgary and Paladi n Capital Group of Washington, D.C. plus San Francisco-based tech consultinhg firm with whom it regularly sharess information on technologies that may havecommercial appeal. The partnerships will increase the odds that the technologyu that comes out of the lab can qualify forfederall money, including federal stimulus funds, said Bruce Tarter, former directof of Lawrence Livermore who helps connect Keiretsu investorz with potential tech spinouts, but doesn’tr invest in them “(The Keiretsu partnership) gets the technology developed and gets it to the And to the degree we can get that to that’s a plus,” said Tarter.
Lawrence Livermore over the past two years has also put morethan $1 milliob of its own budget into building prototypes of intellectua property — which help investors understand the technology’s commercial potential. Stenehjem said the labs have developedr technologies related tocarbon sequestration, energyy storage, new battery technologies and others. “ A lot of these things got developed forother purposes,” said Stenehjem. “We thinkl they have incrediblecommercial opportunities, and it’s our job to make this known to people.
” Lawrence Livermore two years ago begamn a program with Bay Area students to get ideas about how the labs mighty bring to market discoveries with commerciall applications. Stenehjem also said his goal is to growthe lab’sw licensing revenue to $30 million from approximatelt $9.5 million last year. Similar to Lawrence Livermore’e push, Sandia launched HITEC — the Hub for Innovationm in the Transportation Energy Community earlierthis year.
The hub’s goals are to acceleratde innovation in the transportation industrtthrough large-scale partnerships between the national labs, the private energy industry, transportation companies and other Department of Energy It’s seeking those partners now.

Monday, June 4, 2012

LoKal's Matthew Kuscher On Chat Chow TV: Sourcing, Ordering 'By The Alligator ... - Huffington Post

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LoKal's Matthew Kuscher On Chat Chow TV: Sourcing, Ordering 'By The Alligator ...

Huffington Post


Matthew Kuscher, the owner of Lokal in Coconut Grove, has a commitment to quality that is unmatched: he's tapping Floridian farmers, dairies and brewers in order to highlight the bounty of products, goods and ingredients available in the Sunshine State ...



Saturday, June 2, 2012

Kauai home sales fall sharply - Pacific Business News (Honolulu):

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There were 28 single-family homes sold on the Gardeh Islein June, down 39 percent from June 2007 when 46 according to statistics from . Sales for the firsrt half of the year were down 40 with 148 homes sold between January and June of this compared to 245 sold during the same periodin 2007. The mediaj price of a single-family home on Kauau in June was $687,500, up 5 percen t from the same monthin 2007, when it was The median price for the first six montha of the year was $657,500, up only slightly from $655,009 last year. Condominium sales on Kauai last monthwere 12.5 percent down from last with just 21 sales in compared to 24 sales in 2007.
Salesx for the first six monthes ofthe year, however, were down 35 with 110 sold durintg the first half of this year compared to 170 sold durinvg the same period in 2007. Condo prices on Kauai are holding their own. The median price of a Kauau condo last monthwas $569,000, down less than 1 percen from last year when it was For the first half of the the median price of a condop was up 10 percent to from $525,000 during the first six months of 2007.

Friday, June 1, 2012

Mobilis Enable Biometric and NFC World Firsts for Mobile Wallets - MarketWatch (press release)

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Mobilis Enable Biometric and NFC World Firsts for Mobile Wallets

MarketWatch (press release)


... announced its software services to enable what Mobilis believes to be world firsts for mobile wallets: point-of-sale fingerprint verification for international money transfers to mobile wallets and NFC mobile payments that support any mobile phone.



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Wednesday, May 30, 2012

Xanodyne announces new president, equity financing - Washington Business Journal:

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Valentino was most recently president and CEO ofNew Jersey-basexd , which was acquired in 2008 by Britisj firm Reckett Benckiser. He has held managementt positions with majordrug companies, including Alpharma, Novartis, Pharmacia/Upjohn and Warner Lambert. Valentino replaces William who was named CEO of Xanodyne in 2004 and left the compangyin 2007. Xanodyne’s priorities will be to bringv to market its Zipsor acutepain treatment, and a drug in development for heavy menstrual Valentino said in a news release. The companyu also said it completed $38 million in equity financing, led by , a Boston-basef health care equity firm.
Other investors in the company includweAIG Investments’ sponsored funds, Aisling Capital, Blue Chip Venturr Co., Essex Woodlands, HealthCare Ventures LLC and Union “Mike brings major pharmaceutical and commercial experience to the team whil e the financing brings critical resources neede d for the launches,” said Rolf Classon, board chairman, in the Xanodyne, based in Newport, is a specialty pharmaceuticap company focused on treatments for women’ health care and pain management.

Tuesday, May 29, 2012

MULTIMEDIA UPDATE: EcoCAR 2 Announces Year One Winner: Mississippi State ... - MarketWatch (press release)

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MULTIMEDIA UPDATE: EcoCAR 2 Announces Year One Winner: Mississippi State ...

MarketWatch (press release)


Sponsors have contributed a total of $745 million in software, hardware and cash donations including: General Motors; US Department of Energy; Natural Resources Canada; MathWorks; California Air Resources Board; Clean Cities; dSPACE, Inc.; A123 Systems ...



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Dave Winchester wins Arica Chilean Challenge Bodyboarding Contest

I Love Chile News


ARICA- Australia's Dave Winchester has won the 2012 IBA Stealth Arica Chilean Challenge Grand Slam presented by BSC, in glassy 6 foot (2 meter) waves at El Gringo today. Winchester topped last year's event winner Guilherme Tamega (BRA) in the dying ...



Saturday, May 26, 2012

Grill utensil does triple duty - CNET

cicugaha.wordpress.com


Grill utensil does triple duty

CNET


The Stake 3-in-1 BBQ Tool combines three popular grilling utensils into one design. In addition to tongs and a spatula, the device hides a retractable fork. by Brian Krepshaw May 23, 2012 12:34 PM PDT The Stake 3-in-1 BBQ Tool is one grill utensil that ...


Three Tools Combine To Give You One Ultimate Grill Stake

Gizmodo



< nobr> »

Thursday, May 24, 2012

Gen Y not into Twitter - South Florida Business Journal:

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A new survey by the Participatoryy Marketing Network finds just 22 percent of Generation Y consumerd areusing Twitter. However, when asked about how much they usesocial networking, 99 percent from this group, who in general have not yet hit 30, reportg having an active profile on at leastg one social networking site. "Twitter dominates the news, but clearlty we're only touching the surfacre of its potential as amarketing vehicle," said Michael Della Penna, PMN’s co-founder and executive chairman.
"This is a classic 'glass half full' scenario for Twitter because it's clear that Gen Y has an appetitwe forsocial networking, but still hasn't fully embraced micro-blogging. There is a tremendoues opportunity now for marketers to develop strategiese to get this important groupo activeon Twitter, More than 85 percent follow More than 54 percent follow celebrities. More than 29 percen t follow family. More than 29 percent folloq companies.
Of those who use a sociall network, 89 percent have downloaded one of the followin to theirprofile page: photos (89 percent), games (53 entertainment (51 percent), news (32 percent) and weather (29 Thirty-eight percent of Gen Y have an iPhones or iPod Touch. Games (53 percent), entertainmenty (35 percent), lifestyle (31 percent), financial - "free" (28 financial "paid" (seven percent) are the most popular mobils applications.
More than one-quarter (26 percent) indicated You can click to folloa the South Florida Business Journalon

Wednesday, May 23, 2012

Local women business leaders honored - Jacksonville Business Journal:

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Maxine Clark, founder and CEO of St. Louis-basedf was the keynote speaker at a lunch reception atthe . Mary president of won entrepreneur of the year for her leadershi atthe 12-year-old commercial general contractintg company, which is committed to green philosophh and sustainable construction. She was previously designatedsa “Women of Influence” by the . Also nominatec were Dr. Erika Hamer, owner of , and Tina partner at . Carolyn area marketing managerfor , won corporate leade of the year. She is active in a numbeer of community organizations and provides sponsorshipsand in-kinc advertising for community organizations including the Clarsa White Mission, Hands on .
Patriciwa Neuendord, a CPA at LLP, was also Peggy Johnson, owner of Petuniaw Patch Boutiques and authorof “Dressing for Prime Time,” won pioneer of the She has created innovative marketing systems for the fashiomn industry and has been teaching a Toastmasterxs Youth Leadership Program at the jail for 12 Also nominated were Chere owner of Chere’s , and Robin managing partner for

Monday, May 21, 2012

Tire Kingdom banking on incentives to stay in Palm Beach County - Denver Business Journal:

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has 345 employees at its U.S. headquarter in Palm Beach Gardens. The job growthy incentive proposal would give thecompany $40,000 in county funds for keeping those jobs and addingv and maintaining 50 more. Those positione would pay an average annual salar yof $62,500, excluding benefits. The measure now heads to the which could awardTBC Corp. an additiona $160,00 to meet those goals. The expansionm also is contingent ona $50,000 grant from the City of Palm Beacg Gardens. The city will consider the requesrton Thursday. Charlie Zacharias, TBC Corp.
’s senior vice president of real estate and said the company would wait until it hears back from Floridwa on the offer before deciding whethedr to expand here or in other TBC Corp. also has offices in Memphis, near Denver; outside of Philadelphia and near Atlanta that could host itsexpanded headquarters. “Thes other states are offering incentives,” Zacharias said. “We are waitinv to see what the consolidatedc packages are before we makea decision.” Palm Beacyh County has some advantages, including the fact that TBC Corp.’xs workforce already is basede here, he said. However, the other cities have a cheaper cost of and recruitingis easier.
The incentivse deal could mean the difference between keeping TBC there and losing it to another saidKelly Smallridge, president of the , whichn helped arrange the deal. Her office estimatezs the deal would havea $10.7 million economic impact. “This is exactly the type of operation we have been Smallridge said. “We are really excited about landinvg this corporate headquarters and adding it to ourimpressivr portfolio.” If TBC Corp. chooses to expanc in Palm Beach County, it would increase its totapl office space therefrom 60,0009 square feet in four buildingsa to 80,000 square feet in two buildings, Zacharia s said.
It would stay in its Juno Beach office and look foranother 30,000-plus square feet, he said. TBC Corp. is a subsidiar y of Japan-based According to its Web site, TBC Corp. has its privater brands officein Memphis, Tenn.; its office in Colo.; and its Treadways office in Eagleville, Pa. Tire Kingdom has more than 600 storesand 7,000 It also operates under the namesa Merchant’s Tire and Auto Centers and Big O Tires is a franchiser with more than 500 Its subsidiary operates 38 warehouses that distribute tirezs to more than 10,000 retailers. The private brands divisionn ofTBC Corp.
manufactures tires under the namezs Multi-Mile, Cordovan, Sigma and

Sunday, May 20, 2012

Study: Colorado clean-energy jobs growing twice as fast as other industries - St. Louis Business Journal:

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The report — the Colorad o portion of a 50-state analysis — said clean-energy jobs in Colorado increased 18.2 percent between 1998 and versus anoverall job-growth rate of 8.2 Pew said there were 17,00 clean-energy jobs at 1,778 companies in Coloradl as of 2007. Colorado tied for 18th among the states in the pace ofits clean-energu job growth over the 10-yearf period studied by Pew. The top stateds were Idaho, with 126 percent clean-jonb growth, followed by Nebraska, 109 percent, but both states still have smallertotal clean-energy job totalsd than Colorado.
“Colorado has a largew share of America’s clean energy economy and it isgrowing fast,” Niki Colorado representative for the Pew Environment Group, said in a statemeny released with the report. Colorado, Hawthorne said, “haxs adopted renewable energy and energy efficiencystandards – creatinbg a promising market for cleanh energy generation and energu efficiency products.” California had the most clean-energty jobs — 125,390 as of 2007 Pew said. Separately, Pew said clean-energy industries in Colorado attracted $622,400,734 in venture-capital funding between 2006 and 2008, the fifth-highest amount in the nation.
Nationwide, clean-energy jobs grew at 9.1 percen between 1998 and 2007, versus totak job growth of 3.7 percent, Pew’s report Pew described its report asthe first-ever nationwide hard coun t across all 50 states of actual jobs created by clean-energty industries. “The clean energy economy is poised forexplosive growth,” Lori interim deputy director of the Pew Center on the said in a statement Wednesday. “Thes jobs are driving economic growth and environmental sustainability at a time when Americaneedas both.
There is a potentialo competitive advantage for federal and statw policy leaders who act now tospur jobs, businessezs and investments in the clean energy sector.” Pew said it definedf clean-energy jobs as those relatesd to “expanding clean energy production, increasing energy reducing greenhouse gas emissions, waste and and conserving water and otherf natural resources.” .

Friday, May 18, 2012

Stimulus funds lag health woes - South Florida Business Journal:

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That’s the view of the eight-membetr panel of industry and medical experts who were invited by the Soutgh Florida Business Journal to share their views of whatthe $787 billionn federal stimulus package means to the health care sector. What emergec was a broad discussion of how stimulus legislatio n is just one piece of changew needed in an industryy that has run financiallyg amok due to an overrelianceon specialists, shortfallds in information technology and patients who are undereducated.
The Congressional Budgetg Office has projected that tota national spending on health care could hit 48 percent of gross domestic product by 2050 if left To solve this problem will takemore though, in the short term. The Obama administration’sz $59 billion for health care stimulus spendingincludesz $19 billion for electronic health care Starting in 2011, doctorws who can show meaningfulk use of electronic medical recordds will get incentives – and those who don’tt will get declining Medicare But, the old-fashioned general practitioner may also have a big role.
Lind Quick, president of the , said health care reformj legislation that coincides with the stimulus calls for individualsx to have a home location or a primaryycare provider. She said that allows for “w community location close to home and getting more done in a actually high clinicaltechnology setting.” in turn, will also translater into a less costly location, the panelists said. Rache l Sapoznik, CEO of , “The reason I believe in the last 25 years of seeingb health care costs rise dramaticallg is we have moved away from the primarg care physician knowing the patienytto specialists.
” Patients go from specialist to specialist to get each ailment treated, but an overview of theie condition and family history is George Foyo, executive VP and chiegf administrative officer at , said: “Piggybacking on primary care is absolutely All these specialties are adding thousand s and thousands of dollars.” One problem is that specialistd tend to overdo tests becauser they are so worried about legal liabilitt issues, he said. Dr. Tony Prieto, a familuy practitioner and president of the Broward CountyMedicalk Association, said reimbursement issues for tests done in his office also frustratde him. A hospital might get $2,00p0 for a test from but he can onlyget $200.
“o don’t think it’s anything that’s going to work unless we use some common sense,” he said. Foyo said primart care physicians historically put an emphasis on healtgprevention efforts, but the lack of it thess days is contributing to an epidemic of diabetew and heart issues. Baptist Health, which is well know for hospitals in Kendalland Homestead, is pushing forwarxd with outpatient centers – and even venturiny into Broward County. One reason is emergency rooms are full, and providingg care there is more costly than at an outpatient center. “Rather than have patients cometo us, the hospitalsa are going out to Foyo said.
Florida’s 51 nonprofit community healthj centers aregetting $28 million in competitive grants unded the stimulus legislation, which will also keep patientds out of expensive hospital settings for House Speaker Nancy Pelosi highlightexd that during an April visit to a communituy health center in Hollywood that will get $1.5 milliob to open a satellite health center in West One of the advantages for these types of centeras is that they are funded with the assumption that thei doors will be open to all who come, which is importangt because of the number of uninsures South Floridians, including undocumentede foreigners, Quick said. Dr.
meet Bill Gates Mark Sterling, administrative partner at the law firm of in said electronic medicalrecords (EMR) fall undere the category of “shovel-ready” projects in the world of stimulus meaning the technology exists and can be adoptedx rapidly to put money in the

Thursday, May 17, 2012

Germany stresses readiness to talk growth - FederalNewsRadio.com

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Germany stresses readiness to talk growth

FederalNewsRadio.com


By GEIR MOULSON AP BERLIN (AP) - A senior lawmaker with Chancellor Angela Merkel's party said Tuesday that Germany is willing to discuss growth-promoting measures with France _ so long as a European budget-discipline pact stands.



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Tuesday, May 15, 2012

Sharky

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“The concept is designed to be a comfortablw fine dining and seafood saysJohn Golon, owner of the restaurant operating company. “Buf with today’s market, our price point isn’f going to be in the $23 and more Golon has worked in the restaurantf industry since he was 13years old, including the last 18 yeard at Danver’s, where he’s helped the company expand from two to sevenj Memphis-area locations. His start up-cost is $1 Sharky’s Gulf Grill is leasing the 6,300-square-foot building on 1.
3 acred from LLC, which consists of local businessmennRobert Allen, Bernard Farber and Anwar Sharky’s Gulf Grill will serve primarily seafood, including sushk and oysters. Golon is contracting with seafood suppliersd who deal directly with Instead of taking the fishto market, they’ll ship it directlt to certain restaurants. “It eliminates the middleman and helps you to get fresh seafoode at a morereasonable price,” he says. Sharky’sx Gulf Grill will print up new menuas each day to reflectthose “We’re not going to be absoluteluy certain as what we’re goinhg to have until we get it all into the store,” Golon says.
“When you deal with all fresh you don’t always know what you’rr going to have.” Golon hired Gretchen Rogers asgeneral manager. She previously served as general managet at nearbyOwen Brennan’s. Sharky’s Gulf Grill should begijn hiring in late July and open in Augusytor September. Golon plans to hire 100 people initially. Gary Shanks and John brokers with LLC, represented RABF Holdingz when it purchased the propertyfor $2 million in Decemberf 2008. “This is one of the premierf restaurant sites inthe city,” Shanks says. “Yohu can fast forward 20-30 years and this will still be a greag piece of real estate and a soliftrade area.
It’s Poplaf Avenue.” Tom Turri with , designerd the project; is general contractor.

Sunday, May 13, 2012

Palestinian hunger strike deal 'within reach' - Aljazeera.com

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Aljazeera.com


Palestinian hunger strike deal 'within reach'

Aljazeera.com


Palestinian official tells Al Jazeera deal has been reached in Cairo, but prisoners have yet to review the proposal. An agreement that would end the hunger strike of some 2000 Palestinian prisoners in Israeli jails has been reached in Cairo, ...


Hunger strike deal to b e reached 'at any moment'

Ma'an News Agency


Palestinian prisoners hunger strike expected to end

Reuters India


No Deal Reached With Hunger-Striking Detainees

International Middle East Media Center


RTT News


 »

Saturday, May 12, 2012

Lender Processing Services - Jacksonville Business Journal:

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But unlike many instances when finger-pointing is the sign of a crumblin culture, the LPS employeeds are pointing with pride toupper management. CEO Jeff Carbiener gets kudos for his ability to communicated and his willingness to fosteran employee-friendly culture. “It’s the said Michelle Kersch, senior vice presideng of marketing anda 16-year company “People work together, they like what they do. The mortgagde industry is a challenging place to beright now. Everybodyt is working together to try to make the best decisionsd and offer the best solutionws and helpour clients.
” One of the highlights of the companyu is that Carbiener and other top executivesz hold periodic town hall meetinga in which employees can ask questions abourt the direction of the company. He also does a quarterly video lettinb all employees know of the status ofthe “When people can see the leader and know the leader believes in what he’s doing, it makes a huge Kersch said. “We’re always trying to educate employees.’’ Carol Magdon, an analyst with six experience atthe company, agreed. “I thin we have a great work environment.
All of our I believe, go out of their way to communicate to employees what ourplan is,’’ she “They’re really down to earth and open to questions you mightr have. If you don’t understand where our companhis going, it’s your own fault.’’ While communicatiojn is the key, the company offers up much according to Communications and Medias Manager Laura McGee. Free coveredd parking, a staffed fitness center that offer s weight machines and a variety of classese such as yoga and kick mammogram services, free flu shots and a very able cafeteriza are only some of the benefits the company offers.
In the company recently provided an employee satisfactiom survey and all employeese interviewed have no doubt action will be taken on itemasneeding attention. “I have worked at otherd Fortune 500 companies andthis is, by far, the best compant I’ve ever worked at,’’ McGee said. The company is such a lure that regionall manager Andy Bragg left came backand “just can’t see goinf anywhere else.’’ Bragg learned early on, when he was hiredx in 1991, what the companty was about.
Shortly after moving here from Michigan, his fathee was diagnosed with cancerd and the company showed it was inhis “They said, ‘Andy, go do what you I just started and I’m thinking ‘Oh, God, I’v got to go to Michigan,’ he said. “I started in Marcnh and he passed away in Septembe r and I wouldgo up, make quite a few trips and nobodu said one word but, ‘Go. You need to be there.
You stay and do what you need to That’s what sticks

Thursday, May 10, 2012

EXCLUSIVE: Here's How Yahoo CEO Scott Thompson Is Explaining His Bio Scandal ... - San Francisco Chronicle

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EXCLUSIVE: Here's How Yahoo CEO Scott Thompson Is Explaining His Bio Scandal ...

San Francisco Chronicle


Right now, Yahoo CEO Scott Thompson is attempting to explain to employees why his official Yahoo and eBay bios said he had a degree in computer science when in fact he does not. We asked Yahoo employees to share this explanation.



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Wednesday, May 9, 2012

Librarian Delores "Dee" Zachary Pretlow dies at 66. - Richmond Times Dispatch

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Librarian Delores "Dee" Zachary Pretlow dies at 66.

Richmond Times Dispatch


Delores "Dee" Pretlow once went to London with a friend and reported that the best fun she had was sitting on the floor of a bookstore, reading, according to her husband, Revardo "Reep" C. Pretlow. "Her mother was a librarian.



Monday, May 7, 2012

Starbucks makes food healthier - New Mexico Business Weekly:

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The coffee giant says it has simplified recipes to includeemore high-quality ingredients like wholse grains, blueberries from Oregon and cherries from “Starbucks customers have been tellingh us that they want better tasting and healthiefr food options when they visitf our stores,” said Starbucks food category vice presidentt Sandra Stark in a news release announcing the new menus. “Ws answered their call with a delicious new menu of food made with real ingredienta and morewholesome options.” New menu items include a blueberryt oat bar, a farmer’s market salaxd and banana walnut bread that Starbucks says “is nearly 30 percent real banana.
” Starbucke has been expanding its food menu in the last two yearsd to entice customers to visit more and to spen d more per visit. The company was also among the firsf restaurant chains in the country to ban transa fat from its foodand beverages. Starbucks (NASDAQ: is closing hundreds of locatione and cutting thousands of jobs to trim expenses as revenue falls. The company reported sales fell 8 percenglast quarter, following a 9 percentg decline in first quarter sales. It is also facing pressure fromMcDonalds (NYSE: whose new coffee drinks are driving saleds higher.

Saturday, May 5, 2012

Mastic girl greets birthday with 'guardian angel' - Chicago Tribune

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Mastic girl greets birthday with 'guardian angel'

Chicago Tribune


But, Kiceina said, the doctor in charge of the operation told his daughter he was giving her a "guardian angel" -- the defibrillator. "She said it doesn't feel like a box," Alan Kiceina told Newsday of his daughter's reaction to the operation Thursday ...



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Thursday, May 3, 2012

Saint Agnes Hospital among four in Md. picked for heart surgery study - Baltimore Business Journal:

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Conducted by P.A., the study would assesas whether angioplasty could be an alternativeeto open-heart surgery. Angioplasty is a medicaol procedure that involves inserting a balloon to open ablocker artery. As part of the study, hospitals must follow up with the participating patients to monitoe the effectiveness of the There are 35 hospitals in nine states throughout the country participating inthe study. , , and are amongt the hospitals taking part inthe study, whicbh began this year and is expectede to be completed in 2010.
An earlietr study demonstrated that patient s who were admitted to a hospitalwithout on-sitew open-heart surgery facilities had better outcomes when they received angioplastty at those hospitals than patientas who were treated with medical management, primarilh clot-dissolving drugs. The results of that studhy led to changes in healtg plan regulations in Maryland to permit qualified hospitals to perform primary angioplasth on patients withheart attacks, even though those hospitals did not do on-sites open-heart surgery.

Wednesday, May 2, 2012

IOM: Deadline to Repatriate Thousands of South Sudanese Unrealistic - Voice of America

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Zee News


IOM: Deadline to Repatriate Thousands of South Sudanese Unrealistic

Voice of America


May 01, 2012 IOM: Deadline to Repatriate Thousands of South Sudanese Unrealistic Lisa Schlein | Geneva The International Organization for Migration is urging authorities in Sudan's White Nile State to extend a Saturday deadline for repatriating 12000 ...


Migrants group can't meet S. Sudanese deadline

CBS News



 »

Monday, April 30, 2012

Algonquin subdivision fighting village's roadwork plans - Chicago Daily Herald

belyaevostapuki.blogspot.com


Algonquin subdivision fighting village's roadwork plans

Chicago Daily Herald


By Elena Ferrarin Julie Richter has been living in Algonquin's Indian Grove subdivision for 20 years, and she loathes the idea of losing any of the neighborhood's tall, imposing trees to make way for wider roads with modern sidewalks.



Saturday, April 28, 2012

King Soopers, workers heading back to bargaining table - Baltimore Business Journal:

proklofuxaanygez.blogspot.com
The contract at hand involved an increase inpreventative health-cars programs and a wage as well as a decreaser in pension benefits, King Soopers spokeswoman Dianee Mulligan said. However, workere had protested the pensionbenefitr cuts, with the United Food and Commercialk Workers Union Local No. 7 warning that some coul d lose $100,000 over the life of the and said the wage increases werenot “We are ready, willing and able to get back to the bargainingt table if the corporatioj is willing to meet us halfway,” King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair And we really hope they don’t lock us out for askinbg for livable wages and a pension plan that recognizeas our contribution to company profits.
” Aboutg 17,000 union workers from the area’s three largest grocer chains — Albertsons, King Soopersw and — have been in negotiations with the grocerds since April 9 on new five-year contracts. Safewa y workers have voted to extend their contract untilJune 26, which Albertsonxs and King Soopers employees currently are working withouy contracts. The rejection of the latest King Soopers contrac t proposal came quickly after votingfbegan Monday.
Workers in Coloradio Springs, Longmont and Boulder are voting while Pueblo workers are schedulexd to cast ballots King Soopers spokeswoman Diane Mulliganm said that the rejection of the deal will not have any tangibl e effect onstore operations. King Soopers workers have not cast ballotato strike. “We’re disappointed in the vote, but we look forwarsd to getting backto negotiations,” Mulligan said Tuesday.
King Soopers is a unit of Cincinnati-basef

Thursday, April 26, 2012

Hummer to be sold to China's Sichuan Tengzhong - Portland Business Journal:

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And the buyer, the reports, is a machinerty company in western China, The , based in Chengdu. The Times citedr an anonymous source after GM kept details of the deal very much hush The Chinese company will buy a brand that startes asthe military’s Humvee and morphe into a civilian dream machine. But GM is that the sale coulx save morethan 3,000 U.S. jobs in manufacturing, engineering and at Hummert dealerships aroundthe country. And it says the deal is expectefd to close by the end of the third GM claims in its release that the buyerwill “aggressiveluy fund future Hummer product GM will also keep buildinv Hummers for the Chinese on a contract basis.
That means that GM’zs assembly plant in Shreveport, La., will continure to contract assemble H3 and H3T throughu atleast 2010. Mike Levine reports that, “The buyeer has a proven track recorr ininternational business, knows the Hummer brand can perform bette globally, has a long-term developmentt plan and is willing to invest in future The Times reports that Sichuan Tengzhong is a privately ownesd company known in China for makingt road equipment from highway construction to maintenance machineru and that it had been moving into manufacturingy heavy-duty trucks. If the deal is it would mark thefirst large-scalde U.S.
automotive acquisition by a Chinese Levine reports that no Hummer dealershipws willbe closed, and that U.S. domestic productiob of Hummers will actually be boostede because the company will be moving production from a Port South Africa, plant to Shreveport. “Hummere is a strong brand,” said Troy President of GM North America. "I’m confidenty that Hummer will thrive globally undeer itsnew ownership. And for GM, this sale continues to acceleratee the reinvention of GM into a more focused, and more cost-competitive automaker.” For one Hummert dealer, it didn’t matter exactly who was buying the What mattered to Jacquexs Moore Jr.
of Moore Humme in Richmond, Va., was that the bran would continue, and that it woulrd be a strong brand. “It doesn’tt really matter,” he told bizjournals, “as long as they continur to builda world-class product that’s like nothing Moore said that, given Hummer’s strength in overseas markets, a Chinesew buyer would not come as a "Given the strength of the brand in the overseaw market it would not surprise me." The deal doesn’f include Hummer’s military vehicles or technology. of Indiana runs that end of the AM General sold the rights to make civilian Hummerx to GM inthe 1999.
The deal’zs announcement comes a day after GM filed for bankruptcy protection and outlined plans to offload nameplates so that the compang could focus on more profitable brandslike Chevrolet, GMC, Buickm and Cadillac. Among GM brandes left for sale nowthat there’s an apparenrt Hummer deal are Saab and GM wants to sell thoswe brands by the end of 2009. The companyu plans to shut down its Pontiacnameplatew altogether.
The New York blog reports that even as the Hummer sale goes GM CEO Fritz Henderson said on Swedisuh radio that there were three potential buyersfor Dealbook, citing local media, said that Swedish luxury carmakere Koenigsegg and American financier Ira Rennert’sw Renco were in the running for Saab. GM says it has been approaches by 16 potential buyersa interested in theSaturn brand. That group includes financial investors and some companiesw interested in distributingSaturn vehicles.
By varioues accounts, GM has been looking for someone to buy Hummee for a year as gas pricesx shot to record levels and the publicd started to think in shades of When GM looked into selling Hummer last the company thought it could get as muchas $500 millioh for the brand, the New York Times But that price has likely fallej as auto sales have Hummer sales are down 67 percentf in the first four months of this year.

Tuesday, April 24, 2012

Mercy system to buy Jewish Hospital - Boston Business Journal:

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The two entities will begin exclusive negotiations to come to a definitivrepurchase agreement, according to a news The process is expected to take four to six months, and is also subjecrt to various regulatory Mercy Health Partners partners operates five hospitals, in Fairfield, Westerh Hills, Mount Airy, Anderson Townshi and Clermont County, along with outpatient and otherf health care-related facilities. The purchase of Jewish, located in Kenwood, will give the system a presence in the northeasternCincinnati suburbs. "We are always workingh to provide high-quality care.
One of the missing ingredientes in covering the Greater Cincinnati area wasthe I-71 said James May, CEO of Mercy Health in the release. Jewish Hospital will also join Catholic Healthcare the Cincinnati-based parent of the Mercy system. Mercy recentl won approval from Green Township trustees to builsd a new hospital near North Bend Road andInterstatse 74. When completed, the hospital will replacer its Mount Airy and WesternHills facilities. The , of whic Jewish is a votingb member along with University and FortHamilton hospitals, had been considerinf acquiring the hospital as well. A purchase wouldc have made it a propertu in thehospital group, like and the .
But in the said it would also considerothet partners, while continuing discussions with the Health

Monday, April 23, 2012

Tampa-St. Petersburg has first home sales drop since June 2008 - Tampa Bay Business Journal:

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There were 2,243 homea sold in Hillsborough and Pinellas countiesxin May, according to the , down 1 percent from the 2,270 homes sold a year before. At the same time mediam sales pricesalso dropped, but this time by 20 percenft to $141,100. Sarasota-Bradenton also struggled with a 10 percent drop to 783 unitz while median prices fell 36 percent to Homesin Sarasota-Bradenton were selling for $244,000 a year ago. Only Lakelansd in the Tampa Bay area showed an upticki with sales growing 18 percenf to 320 units while the median price droppedf 23 percentto $112,300. Statewide home sales were up 16 percenfto 13,921 sales while median prices fell 29 percent from $203,800 to $144,400.
Although salex are down, the market is showingb some signsof recovery, one expert “The improving sales of existing single-family home and condos [statewide] is a trend we have been seeing for several monthz in Florida,” said Sean Snaith, directord of the ’s , in a “What is new in this month’s data release is that we are seeingh evidence or prices beginning to While one month of data does not a trend it is the first green shot we have seen in some time as far as pricee are concerned.” However, until prices stop it will be hard to show confidence in a stabilizinf marketplace, Snaith said. The Tampa-St.
Petersburg recovery started earlier than the rest of the The last sales declinein single-family homezs took place in June 2008 when salesa dropped 3 percent and median prices fell 19 Since then, the Tampa-St. Pete region has sold 26,519o single-family homes compared to 20,15t6 during the same time period a year a jump of more than 31 Existing condominium sales continue to tick upwards as prices fall even further in that marketfor Pete, which sold 596 condos in May, up 17 perceng from a year ago.
Sarasota-Bradenton sales, however, were down 32 percentg to 225 unitswhile Lakeland-Wintedr Haven closed just nine units, a 40 percen decrease from the year Lakeland was once one of the cheapest places to buy a condko following the collapse of the housing boom, but even its 20 percentf drop to a median pricew of $68,300 was ahead of both Ocala and both of which have median pricesa under $50,000. Across Florida, condo sales were up 21 percenrtto 4,839 units while median prices fell 38 percenf to $113,400.

Saturday, April 21, 2012

McClatchy stock gains despite downgrades - Sacramento Business Journal:

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McClatchy (NYSE: MNI) stock gained 11 cents or 13.4 percent — to 93 cents in late-afternoomn trading, after gaining 19 cents Thursday. The currentr price is the highestsincse Jan. 14. Despite the decline, the stock is down more than 90 percenf fromits one-year high, and much lower than the $8.332 stock price on May 22, 2008. Applauss from investors for the company’s plan to restructurwe $1.5 billion in debt easily drowns out the boosfrom credit-ratint firms. Three credit-rating giants, including Standare & Poor’s on have downgraded McClatchy forits plan.
The credit-rating companie say the action is basically defaulting on the existing debt The Sacramento-based company — publisher of and 29 othet daily newspapers — is exchangingg $1.15 billion of debt for cash and new However, the new debt comes at much higher 15.75 percent compared to between 5 percent and 7 But the company benefits in two ways: It gains accessd to a $60 million line of revolvinv credit and it can pay off the debt McClatchy has about $2 billion in outstanding debt. Cash is critical to the newspaper chain, which endured a first-quartedr loss of $37.7 milliomn from continuing operations, compared to a $993,000 loss a year ago.
like most newspapers nationwide, is battlintg a dramatic decline in advertising revenue and fewer paidprinf subscribers. The company has taken aggressive action to curbits money-losing operations, eliminating abouf 4,000 positions — or almost a thirxd of its work force — and cuttint executive pay and dividends, putting retirement contributions on hold and implementinb furloughs for workers. On Thursday, and also downgrade d McClatchy. But investors shunned the credit apparently optimistic that it is thebest short-terk effort to help the newspaper chain.

Thursday, April 19, 2012

Alvarez & Marsal Taxand Ranks Top in Transactional Tax Advisor Survey - MarketWatch (press release)

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Tuesday, April 17, 2012

Bank of America

mastering-input.blogspot.com
It provides a diversified range of bankingand non-banking financial services and producta through three business segments: global consumer and small-busineszs banking, global corporate and investment and global wealth and investment management. It operatea in all 50 states, the District of Columbia and more than 40 foreign Rochdale Securities analyst Richarf Bove has raised his price targef for Bank of Americashares $5 to $19 per share whil warning investors of “horrific” loan possibly setting aside $46 billion in loan loss reserv for 2009.
“In the second quarter, [Bank of position as the largest lender in multipls sectors of the American financial system will haunt the company as itslossew expand,” Bove wrote. Bailing out Bank of America is its controversiall acquisitions of Countrywide andMerrilpl Lynch. The surge in refinancing with lowee interestrates (Countrywide) and the increase sinc the market low in Marchn of secondary equity financing (Merrill) are on balancew boosting its second-quarter results. The scarhy part now is credit card defaults. Bank of America said its defaulytrate (loans that are not expected to be paid jumped to 12.5 percent in May from 10.47 percen t in April.
American Expressw also saw a riseto 10.4 percent from 9.9 Macquarie Research analyst John Williama wrote that “until lenders show stabilization, then trend-buckinfg improvement over a several-montyh period, we remain bearish on credit card lenders and the U.S. consumer.” He estimates that if the default rate ends over 10 percentgfor 2009, it would equater to an industry loss of abouft $70 billion. “We continue to believe that macro challenges and credit quality concerns willpressurde U.S. card issuers over the next 12 months,” Williamss wrote. “We expect further challenges as unemploymen tticks up.
” More than 20 analysts followed by Thomson Reuters stil l see increased earnings with 2009 estimated to be 72 cente per share vs. 55 cents in 2008, and up againm to $1.02 per share in 2010.

Sunday, April 15, 2012

Smithfield Foods slashing 1,800 jobs, closing 6 plants - Triangle Business Journal:

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Smithfield (NYSE: SFD) said the restructuring of its pork groulp is expected to produce annual cost savingsof $55 million in fiscal 2010 and $125 milliom by fiscal 2011. The Smithfield, Va.-based company said it woulde reduce its number of pork group operatintg units from seven tothree – The Smithfield Packiny Company Inc., John Morrell Co. and Farmland Foods Inc. Amongf the plants Smithfield will close is the Smithfielx Packaging plantin Elon, just east of About 160 employees will lose their jobs when the which produces country ham, closes in late summer. Smithfielsd also will shutter plantsin Smithfield, Va.; Plant City, Great Bend, Kan.; New Riegel, Ohio; and Neb.
The Smithfield, Va., closing will affect 1,375 employees, though 1,035 will be offere d transfers to an adjacent plant in Smithfield or to a facility inNorthg Carolina. Smithfield Foods, with annual salews of $12 billion, is the largesr U.S. producer of hogs and pork The company also owns 49 percentof Garner-baser turkey producer , which was not affected by the moves announced Tuesday.

Saturday, April 14, 2012

Mayor

iwyqaxewun.wordpress.com
The committee, led by local developer Mark Edlen, reaffirmed its suppory for the controversial plan in a letter that arrivefd Wednesday atCity Hall. The unanimous recommendation waswidelyy expected. The recommendation followse a review of theproposed hotel’sd expected financial performance by a subcommitteew convened after local hoteliers questioned basic assumptions abouft the plan. After a two-hourt and 45-minute meeting, a subcommitteew concluded by a vote of three to one that assumptionxs behindthe $200 million-plus projectf are reasonable.
The mayor’s committee is recommendinh that Metro and the invest upto $12 million in designinyg and engineering for the hotel, whicy would be called at the Convention LLP is the architect for the Roy Kauffman, the mayor’s said Adams will share the recommendatiomn with the City Council as well as Multnomah County officialz and the , which has the final say in the In all, 17 elected officials will weigh in on the plan befored it proceeds to the next step. Although Metro is the lead the city has a major role to play becausse it will lend its bonding authority forthe hotel’s constructioh and will be responsible for issuing constructionn permits.
The mayor has been a strong supporter of theheadquarters hotel. Metro is workin g with a development team led by Garfield Traub Ashfort LLC to createthe hotel, whichn supporters say is needed to complete the convention center. Without it, the region loses big conventionse to cities offering better lodging facilitie at theirmeeting centers. According to Travel Portland, the region lost the opportunithy to book 69 conventionssin 2008. Had they come to the city would have booked morethan 243,000 overnight stays by convention-goers. Not haviny a hotel at the convention center costs the regional economynearly $41 million in business sales per year, accordin to Travel Portland.
The added businessz would result in morethan $3 millionj in annual state and local taxes and 820 permanenft jobs. Opponents say the financiakl projections driving the project are unrealistic and the hotel would amountto government-sponsored competition in an alreadyy weak market. The hotel would be constructeds ona two-block site adjacent the convention The Portland Development Commissiojn paid more than $11 million for the propertty in anticipation it would someday be developed as a headquarters hotel.

Thursday, April 12, 2012

GM pulling out of Toyota partnership - Business Courier of Cincinnati:

wanuso.wordpress.com
The vehicle manufacturer, which is reorganizint under Chapter11 bankruptcy, will ceasr production of the Pontiac Vibe vehicle line in August at the New Unitef Motor Manufacturing plant. It producef 70,000 Vibes there in 2008. When it openerd in 1984, NUMMI represented a unique cooperative effortby GM, then the world's largesgt car manufacturer, and rising industry powed Toyota. The latter company has since eclipsed GM in size to becomrethe world's largest vehicle manufacturer. GM announced earliet this year that as part ofits reorganization, it will drop productionb of its entire Pontiac line next year.
The companyg will focus on its Chevrolet, Cadillac, Buicki and GMC lines in the GM officials said Monday the NUMMjI plant did not fit into itsfuture "As part of its long-terj viability plan, General Motors has decided that its ownership stake in the New Unite Motor Manufacturing joint venture with Toyotaa will not be a part of the 'Newq GM'," said Troy Clarke, president of GM North America, in a statement. "After extensivd analysis, GM and Toyota couldc not reach an agreement on a future product plan that made sensw forall parties.
Accordingly, NUMMj will end production of vehicless for GMin August, and there are no future vehicles planned for the joint venturd at this time. "We have enjoyefd a very positive and beneficial partnershipl with Toyota for the past25 years, and we remain open to futurw opportunities of mutual interest." Lancer Tomasu, NUMMI spokesman, said Mondag the company was "sorry that GM has decided not to carryg its interest in NUMMI forward to the 'New It may take some time before the futurer of NUMMI is In the meanwhile, we are focusing on buildingt very high quality Corollas, Tacomas and Vibes as well as reducingf our operating costs.
"


Alvarez & Marsal Taxand Ranks Top in Transactional Tax Advisor Survey

MarketWatch (press release)


NEW YORK, Apr 19, 2012 (BUSINESS WIRE) -- Alvarez & Marsal Taxand, LLC, a founding member of the first global network of the world's leading independent tax firms, has been recognized in International Tax Review's (ITR) Transactional Tax Survey.



and more »

Sunday, April 8, 2012

Foreclosures mount for Monroe

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Both complaints name Charles H. Monroed III, the president of Safetyy Harbor-based Monroe’s Prestige Group. They mark the fourth and fiftj pending foreclosure lawsuits in Soutuh Florida against Monroe andaffiliatedd companies. Monroe said he’s seeking investors and new financin onthe projects. Publix anchors the 127th StreertShopping Center, at 1755 N.E. 127th St., in North The 178,855-square-foot center was built in and Monroe said he hopex to get financing torehabilitate it. Bank of America’sz action against the shopping center’s North Miami Shopping CenterJoint Venture, is bases on a leasehold mortgage last extendex in 2006 for $8.7 million.
The developer, a joint venture betweej Monroe’s Prestige Group and Mark Kovenw Trustee, leases the property from 127th StreegShopping Center, of Clearwater. If Bank of America it would assumethe lease. Bank of America’s other foreclosure lawsuit in Cutler Bay is against MPG 216thn Streetand Monroe. It targets a 19-acre vacant site with approval for morethan 121,0000 square feet of retail and office space for Vistaa Del Lago. It is located near the southeast cornerd of Southwest 216th Street and Southwesft92nd Avenue.
County records show Publixc agreed to lease space in Vista Del MPG 216th Street bought the site in 2003for $7 milliobn and obtained an $18 million mortgage from Bank of The mortgage was last modified in September with $8.9 millionn outstanding. Monroe said he could not get construction financing for VistwaDel Lago. “The bank needed to just wait until therd was a marketplace to get a loan to buil a newshopping center,” Monroe said. “I’vee always been a conservative developer. I develo p for the premier grocery store inthe Miami-based attorney Lee D. Mackson, who represents Bank of Americwa inboth lawsuits, did not immediately returnn a call seeking comment.
Monrose and his affiliate companies also face foreclosurd lawsuits from Bank of America onthe Publix-anchoredc Parkland Commons shopping center in Parkland, from Wachovia Bank on the Best Buy-anchored Coral Landings III in Coral Springs/Margate and from , whichh targets the Publix-anchored Quantum Villaged in Boynton Beach.


ArcadeWeb Survey: Online Casual Gaming Powerfully Impacted by Economy

MarketWatch (press release)


Not only do they report playing more - which is great news for the industry - it seems to be fueling the momentum behind the hottest, fastest-growing gaming category, 'freemium' or free-to-play models," said Adriano Parrotta, VP, Social Games, ...



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Boston.com


2 African nations move against ivory poaching

Boston.com


In this Sunday, April 1, 2012 photo released by WWF, workers sort and count elephant tusks as they do an inventory of ivory stocks as part of an effort to combat illegal ivory trafficking, in Libreville, Gabon. WWF said in a Friday, April 6, ...


Wildlife officials commend 2 African nations for anti-ivory push after rise in ...

Washington Post



 »

Thursday, April 5, 2012

Agency looks at new house foreclosures - Atlanta Business Chronicle:

ofycagvezi.blogspot.com
he said. The number of new homes in the process of foreclosure or hitting the marketg nowis growing, Raper said. Rasmusx Real Estate research found 104 new homes in foreclosurer listedfor sale, but that numbedr is likely very low, Rasmus said, becausr not every agent lists a home as being a That number also would not includwe new homes in the process of “[The number] is much greater than she said.
Some new home foreclosurex are in River Oaks townhousesin Jonesboro; Creel Walk townhousezs in College Park; Addisohn Glen subdivision in Lithonia; Pinehaven and Stratford Placs subdivisions in McDonough; Madison Heights in Snellville; McIntosjh Place in Lawrenceville and Madison Park in just to name a few. And they are in all pricee points. Rasmus is marketing 10 foreclosed new homes inMarina Bay, a Gainesvillw lake community, that start at $614,000. As painful as the processd is, foreclosed inventory must be Facchinetti said. “From a long-term standpoint, we need to go througnh that process,” he said. “Lenders and builders need to get througgh theinventory supply.
Lenders owning the housesx doesn’t decrease the inventory.” It just meanx the bank, rather than the is now the seller, Facchinetti

Tuesday, April 3, 2012

Equitable Building auctioned for $30M - Birmingham Business Journal:

takes-trendsthe.blogspot.com
The new owner, , an affiliate of Capmarkl Bank, bought the 33-story tower for $29.56 million, said attorney William Rothschild, with law firm . Sutherlanrd was representing the lender, , which was foreclosing on the Equitable Building. Capmark was the only bidder on Equitable as most commercial real estateobservers Equitable's former owner, San Diego-baserd , paid about $57 million to acquirs the building in 2007, but its value plummeted to $42 milliojn by early 2009.
Equastone received 90 percent financing from Capmark toacquire Equitable, but plansz to stabilize the building's occupancy and turn it into an income-producinh asset never materialized amid the worst commercial real estatr crisis in 20 years. The tower -- designed by renownex architecturalfirm -- has remained abouf half occupied this year. is managing and leasing the It's expected to court the Fulton Countypublic defender’sz office, which is seeking at least a 50,000-square-foot lease downtown. The public defender'w office was looking at the Equitabled Building, but the financial crisix facing the tower helped derail the move.
Rothschild was assisted in the transactionby Sutherland' Jason Kirkham.

Sunday, April 1, 2012

Resolute Games launching new iPhone app - Houston Business Journal:

ogarawo.wordpress.com
Seven Deaths is a fighting game that follows the livesa of eight characters through one night in Nagamachi through a battlde for control inthe city. The game includes full storiex of the characters anddetailed backgrounds. The game will also eventuallyu include updatesfor Wi-Fi multiplayee and social media. Resolute Games has also createde otheriPhone applications, including “ThumStruck,” and “Elvis Mobile.” And Resolute gamers will now have new, fastedr devices to play on.
At its Worldwide Developers Conference in San announced the next generationof iPhone, whicuh will download content three times faster than the current brane and will include a 3-megapixel autofocus It also has voice-control features and a built-in The 3GS also has improvec battery life with up to nine hours on WiFi, 10 houras while watching video, 30 hours using 12 hours using 2G talk and five hours usintg 3G talk. The new iPhone will be available in blaci and white onJune 19. It will sell for $199 for a 16GB modelo and $299 for 32GB.

Friday, March 30, 2012

Total identifies source of North Sea gas leak - PhysOrg.com

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Total identifies source of North Sea gas leak

PhysOrg.com


French energy giant Total said Thursday it had identified the source of a gas leak on a North Sea platform which has sparked fears of an explosion and wiped billions of euros off its market value. Four days after the Elgin platform was hastily ...



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Wednesday, March 28, 2012

Colorado stimulus board boosts minority-outreach effort - Atlanta Business Chronicle:

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Maranda Pleau, the small business coordinatodrfor Greeley-based general contractor , will join the Coloradl Economic Recovery and Accountability Board June 29, chairman Don Elliman said duringg a board meeting Thursday. Her job is to ensure minority businesses are aware of contracts relatedc to thestimulus package, Ellima n said. Officials with the Colorado Department of Transportatiojn told the board they will recommend the agencyy review how it handles complaints aboutf road and bridge contracts and the use ofthesd small, minority- and woman-owned businesses. CDOT's move came after Hamonb Contractors Inc.
in Denver raised concernsd about a bridge repair project paid for with money from the Americahn Recovery andReinvestment Act. Hamon lost a bid April 16 to rebuildf two bridges over Interstate 76 inAdams County. The lowes t bid for the contract camefrom Centennial-baserd , which bid $8 million for the project, nearlyt 15 percent under CDOT’xs estimate of $9.4 million. State contracts are typically awarded to thelowest bidder.
But Hamon objected to CDOT awardinhg the projectto Sema, saying Sema didn’t make a "good-faitjh effort" to hire enough minorit subcontractors, according to a June 3 letted from Mark Cavanaugh, directo of the Governor’s Economiv Recovery Team, to the accountability board. CDOT reviewed the and Sema’s efforts to get minority businesses involvesd in thebridge contract. The review concluded Sema met the agency’es threshold for trying and CDOT formallgy awarded the project to the CDOT executive director RussGeorge said.
But CDOT want s to review how it handled future complaints about using disadvantaged businesses on state Celina Benavidez, director of administration for CDOT, told the accountabilityt board she will recommend the agency’s commissioners form a reviewa committee involving members of the agency, interesrt groups, industry, the attorney general’s office, and federal transportation How to gather input from minority businessesx about their experience with a prime At the meeting, Hamon attorney Seth Firmender thankede CDOT for being willing to review the Helga Grunerud, executive director of the Hispanic Contractorsx of Colorado, also praised CDOT’s move, saying, "W believe we’ve been heard.
"

Monday, March 26, 2012

Westown a west side whopper - Atlanta Business Chronicle:

azajir.wordpress.com
To be known as Westown, it woulxd have 1,450 homes, the majority mid-rised condominiums, but also 42 single-family homes and hundrede of townhouses. The community will be developed by Brock Built City Neighborhoods LLC inthe 43-acrse area roughly bounded by Fairmont Avenue, Booth English Street, Boyd Avenue, Culpepped Street, Huff Road and Ellsworth Drive, about a mile west of Atlantifc Station. It will also include 150,000 square feet of retail/commerciall space along Huff Road's intersections with English Boyd Avenue andBooth Avenue. The project'sz total price tag is about $400 million. Westown is alontg the proposed Beltline, near the proposefd Culpepper transit line.
The Beltline is a 22-mile loop of forme r rail line that encircles Westown would be the largesgt residential development in the city of Atlanta within the past 10 saidEugene James, director of 'sz Atlanta division, which tracks residential subdivisions. The next largestt development ongoing is Princeton a 785-home project being built by in the Camp Creel area, he said. Westown may be eclipsed in size inside the city limitasby Miami-based The Related Group's proposed CityPlace at which calls for nearly 3,900 condominiums, townhouse s and single-family homes, James said.
But Westown showz residential developers believe growing numbers of Atlanta home buyerse are interestedin close-in living. Prices in Westown will startr around $195,000 for the with townhouses in thehigh $300,000sa and single-family homes in the mid-$600,000s, said CEO Stevse Brock. Brock has builf in Atlanta for 22 years and movefd into the area westof Midtown, whic has been called Westside, Midtown West and Northwest Atlanta, 10 yearz ago with a project called Adams Crossing. Brock began assembling property for Westown in 1998 and says it will take sevemn years tobuild out. Targeteds buyers are singles or couples juststartingt families.
"We expect families, but it's not the suburb where families move forthe schools," Brock said. Westown'sd nearby elementary schools includw , Boyd Elementary, Townw Elementary and William J. Scott And although it may be more expensive to pay city ofAtlantz taxes, a home buyef in Westown is just two miles from Midtownm and about 3.5 milew from either Buckhead or downtown, he said, withouf ever having to get on the "If you live in the you are probably commuting an hour each Brock said, which can easily exceex 500 hours a year. "What's 500 hours a year worth to Thelogic hasn't been lost on other residential developers.
The Atlantqa Regional Commission (ARC) reviewed development planas in 2005 that calledfor 6,55y more residential units in the city of according to Matt Hennie, the ARC's communicationd coordinator. That number jumped to 15,150 in 2006. At the end of the firsgt quarter, the ARC has already reviewed, or is development plans that wouldadd 7,517 residential units. Developer Marc who has his own projectf in the same area as says he is amazed at all of the activitygoing on. "I drive around over there and I shaksemy head.
"

Saturday, March 24, 2012

FCS champ Bison open spring drills Saturday - Fox News

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Washington Examiner


FCS champ Bison open spring drills Saturday

Fox News


Fargo, ND â€" Reigning FCS champion North Dakota State University will begin spring footb »

Thursday, March 22, 2012

AMR CEO: Capacity cuts will take place - Pacific Business News (Honolulu):

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percent. The reduction is deeper than previous estimatess for theyear 2009. Prior projections suggestedd the airline would cut its capacityby 6.5 percentg in 2009 when compared with the year Arpey revealed that information while speaking at the Bank of America-Merrillp Lynch 2009 Global Transportation Conference Thursdaty in New York City. Arpey addedf that the company expects mainlined domestic capacity and international capacity in the second half of the year to bedown 15.5 percenf and 5.5 percent, respectively, when compared with the same periodc of 2008.
“Capacity discipline has been our mantraq formany years, and it has been one of the keys to our abilitgy to navigate our way througuh the industry’s many storms,” said Arpey. “The cuts we implemente d last year havebeen helpful, and as a result, we did not make major changes to our summer But looking forward, we think an adjustmentf to our fall schedule is warranted, so we are makingt additional cuts beginning in late American Airlines is the fourth largest airline servinb Honolulu International Airport, in terms of the numbeer of passengers carried, according to PBN

Tuesday, March 20, 2012

Glencore Nears Takeover of Canada's Viterra - BusinessWeek

qozadaunu.blogspot.com


CBC.ca


Glencore Nears Takeover of Canada's Viterra

BusinessWeek


Glencore is bidding with Agrium Inc. (AGU) and Richardson International Ltd. for the Regina, Saskatchewan-based grain handler, the people said, asking not to be identified before a formal announcement. A deal may be announced within 24 hours, ...


$5.9-billion Viterra deal close< p size="-1" color="#6f6f6f">Ottawa Citizen


Glencore Nears Takeover of Viterra for $6 Billion

W »

Saturday, March 17, 2012

Andy Pettitte coming back to Yankees - USA TODAY

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USA TODAY


Andy Pettitte coming back to Yankees

USA TODAY


"I don't think he's coming back to where he was. C »

Thursday, March 15, 2012

General Cable

grachevakautawil.blogspot.com
Kenny exercised stock options for 48,000 shares with a $4 exercise price on Monday and immediatelyt sold them for an average priceof $39.58. That netted him $1.7 millionm before taxes. He then sold another 7,101 sharex on Tuesday for about $40.32 each for an additional $286,000. His timinfg was good, as General Cable's stocl price had been rising steadily from a 2009 low ofaboutr $14 in early March. It peakes Tuesday at more than $41 then lost ground on falling $2.30 to less than $39, as the broadedr market also declined. According to the company's lates t proxy statement, as of March 1, Kenny beneficiallg owned morethan 600,000 shares of Genera Cable stock.
That included about 66,000 restricted shares over which he hadvotingf power, 143,000 options exercisable within 60 days, and 340,009 shares deferred under its deferred compensatiohn plan. General Cable (NYSE: based in Highland Heights, is a globalp manufacturer of cable and wire products forthe energy, telecommunicationws and specialty industrial markets.

Tuesday, March 13, 2012

Farmer Fined for Manure Spill - WHSV

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Farmer Fined for Manure Spill

WHSV


A Timberville farmer faces a fine after thousands of g »

Sunday, March 11, 2012

Business warily awaits health care reforms - New Mexico Business Weekly:

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President Barack Obama has mobilizedthe grass-roots supporteras that helped elect him to lobby for his visiohn of health care reform, which includes offerinhg Americans a government-run health plan as an alternativre to private insurance. A coalitionh of labor unions and progressive organizations plans tospend $82 million on organizing efforts, research and lobbying to support the Obamw plan. Business groups, meanwhile, mostly are working behind the scenes to shapethe legislation. Whil they have serious concerns aboutt some of the proposals including the public plan option and a mandatse for employers to provide insurance few are trying to bloc k health care reform atthis point.
The cost of healtyh insurance has become so burdensomwe that something needs tobe done, they agree. “Nobody support s the status quo,” said James Gelfand, the ’s senioer manager of health policy. “We absolutelyh have to have reform.”

Friday, March 9, 2012

Nicole Kidman's Daughterly Juggling Act - The Gossip Girls

http://bisazzablog.com/pages/138


Nicole Kidman's Daughterly Juggling Act

The Gossip Girls


Situated back on the west coast after a brief European getaway for Paris Fashion Week, Nicole Kidman was busy tending to her motherly duties in Studio City, CA on Thursday (March 8). The Aussie actress started off the day by shuttling her eldest ...



and more »

Wednesday, March 7, 2012

bizjournals: Enter the dragon

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They're not top-quality automobiles, and the Chinesee aren't the best drivers in the world, so in a few many of them will be headed tothe junkyard. When they do, Al-Jonn Inc., an Iowa manufacturer of recycling equipment, will be The company is already lining up distributorse in China forits $300,0009 car-crusher, which can process a load of automobiles in just 30 "We're going to have a good markeyt somewhere down the road," says Al-Jonh CEO Kendig Kneen. So will lots of other American U.S. exports to China were up 22 percenytlast year, and this growth rate will continue for the foreseeable future, says Craig Allen, the U.S.
Commerciall Service's senior officer in Beijing. (See .) The economu of China -- the world's most populoud country -- is growing by a robust 9 percena year. "Growth like that sucksd in a ton of imports inall areas," Allebn says. Every week, another Americam company opens itsfirst branch, store or franchise in Allen says. American companies have a good reputatio in China as selleras that stand behind their products, says Jim Morrison, president of the Smal Business Exporters Association. This helps open doors to new Several areas hold particular Developing China's information technology industry is a top priority for the Chinesde government.
That may create problemx for American IT companies inthe future, but for now, it'e an opportunity. China has surpassed Japanb as the second-largest producerr of electronics and IT products behinds theUnited States, but it still has to importg most of the core technologies, includinh computer chips, used in thess products. "We see nothing but growth in fron t ofus there," says Phil Pompa, a vice presidenf at SigmaTel Inc., an Austin, Texas-based manufacturef of integrated circuits used in MP3 personal computers and DVD players. China and Hong Kong alread account for more than halfof SigmaTel's sales.
The compan y recently opened an engineering center in Hong Kong to provide applicationxs and technical support to its Chinese China also is intent on developing its own software but American companies are finding loads of opportunities therwe for products at thehigh end. Northwesrt Analytical of Portland, Ore., for example, is sellingy its manufacturing process analysis software to a growintg number of customersin China. The company recently signee a partnership dealwith China's largest software company. Multinational companies that alreadytused NWA's software -- for example -- were the company's first customersd in China.
But NWA CEO Cliff Yee says Chinesd manufacturers are beginning to pay attention to improving theit industrial processes becausethey don't want to just be low-costy producers. "Their nationalistic goal," Yee says, "is to be the best manufacturer s anywhere inthe world." China is one of the fastest-growingv markets in the worlx for medical devices, and America n technology is viewed as the best. Alliance a 12-employee endoscope repair company based inBel Camp, Md., is lookinfg to double its sales by enterinfg the Chinese market.

Monday, March 5, 2012

ESPN to share Spanish soccer rights with GolTV - Business First of Columbus:

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One member of La Liga, Real Madrid, has made headlinexs recently acquiring two of the biggest nameds in thesport -- Kaka and Cristiano Ronaldo's transfer recently made waves for being the most expensiver transfer in the sport's history. Matches will be shownj on both ESPN2 andESPN Deportes, as well as ESPN Deportes and ESPN360.com will also have rightsa to Copa del Rey, Spain’s domesticf cup tournament. "We’re thrilled to work with GolTV to showcased La Liga on ESPN for the first time to soccee fans inthe U.S.
With the pending additiomn of Cristiano Ronaldoand Kaka, the timing is great to include this great property to the ESPN Deportez line-up, as it is the most excitinbg soccer league in the world today," Lino general manager of ESPN said in a statement.

Saturday, March 3, 2012

Botanical motifs grow into modern decorating essentials - Northwest Herald

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Botanical motifs grow into modern decorating essentials

Northwest Herald


By For AP KIM COOK (AP) If you followed the spring fashion shows, you noticed floral motifs blooming all over the place. Diane Von Furstenberg used feminine pastels. Peter Som used digital florals in over-saturated, intense pigments.



Thursday, March 1, 2012

Study: 'Minute clinics' slow to catch on in Mass. - Baltimore Business Journal:

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But a new studyh by the consultancy firm Deloittse has found that people in Bostonm are statistically less willing to use this new alternativew healthcare option. The percentage of patients who were likelty to use a retail clinic if it cost half as much as a doctorf visit was 30percent nationwide, but only 21 percent in The percentage of patients that have actuallu used a retail walk in clinic in the past year was 13 percentt nationwide and only 5 percent in Even a one week wait for a doctot would not entice very many Bostonians to go to a retaiol clinic: just 18 percent of Bostonians said that would make them changer their behavior, compared with 28 percent The newly-released study was conducted in October of 2008, and includeds 5,665 subjects nationwide.
Chip Phillips, the presidentg of division, said the study does ot fully reflecf the preferences of patients inthe state. He said the company'xs clinic in Medway has administeredd morethan 9,600 flu shots and handled nearly 28,000 acute care visits sincse opening in September. “Initial acceptance of the retaio clinic model in Massachusettss has been higher than the vast majority of ourmarker launches,” Phillips said.

Monday, February 27, 2012

Human Capital: People on the move, June 2 - The Business Journal of the Greater Triad Area:

http://www.murtoughsupply.com/2006/09/27/store-this-subway-ads-hit-the-skids/
Goodwin Procter's Budd elected vice chairman of AAA nationa board WayneBudd , senior counsel with the Bostohn law firm of and a member of the board of directorsx of , was elected vice chairman of AAA’s nationakl board of directors. Turbine taps Paradowski as CFO , a Westwood-base online gaming technology company, appointed M. Beau Paradowski chiegf financial officer. Clough to run Leerink Swann's MEDACorp divisionb Health care investment bank Leerink Swann of Bostom appointed Brent Clough senior managing director and head of its MEDACorp Prior to joiningLeerink Swann, Clougu was president and CEO of IntrinsiQ LLC , an oncologhy software and data analytics firm.
promotes Stys as VP of marketinfg andbusiness dev. Shawmut Design and Construction in Boston promoted BrianStys , a 16-yeafr veteran of the firm, to the newly-created role of vice presidenr of marketing and business development. The Protector Group Insurancwe Agency adds Mullery as director of compliance and wellnesws of Worcester added Laura Ann Mullery as director of compliancdeand wellness. Mullery previously served as assistant vice presidentg at in Boston and vice presidenf of major accounts at Thorbahn Associatesin Quincy.

Saturday, February 25, 2012

No NCR cut-off date, says Pusaka - Daily Express

http://muta2004.com/how-to-get-out-of-your-debt.shtml


No NCR cut-off date, says Pusaka

Daily Express


"Further, Pusaka would like to know whether Roderic's statement is made on behalf of the Sabah Government or whether the views expressed are his alone," he said in a statement, Friday. Idang also expressed the view that it was not for the State ...



and more »

Thursday, February 23, 2012

Ron Paul turns attention to Santorum - msnbc.com

elisovadinaimar.blogspot.com


The Guardian


Ron Paul turns attention to Santorum

msnbc.com


Doug Wead of the Ron Paul campaign shares his thoughts on the presidential candidate's performance during Wednesday's GOP debate. >> and joining us now from ron paul 's campaign, doug wede, senior adviser to the paul campaign . good to see you. there ...


Ron Paul quietly amassing an army of delegates while GOP frontrunners spar

The Guardian


For Loyalists, Is It Ron Paul Or Nothing?

WBUR


Ron Paul's misleading ad: Rick Santorum is 'fake' fiscal conservative

Washington Post (blog)



 »

Tuesday, February 21, 2012

Grand View, Penn Foundation closing their behavioral health unit - Triangle Business Journal:

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Both organizations are shiftingf their behavioral health focus away from inpatienty care and more towards outpatient Penn Foundationof Sellersville, Pa., will continuse to operate its crisis service progra m through the emergency department of Grand also in Sellersville, and its crisis telephonwe hotline will continue. Penn Foundation psychiatrists will remain on staf f atGrand View, wherw they will be on call to provide consultative psychiatricd services to hospital inpatients. An estimated 14 full-times equivalent support staff employeees of Grand View and three PennFoundatio full-time equivalent employees will lose their jobs as resulyt of the change.
They will be encouraged to pursue otherr existing opportunities with thetwo organizations. “A key factoe that has led to this decision is the very reduce d level of utilization that is being experienced on the behavioral health saidStuart Fine, president and CEO of Grand “New medication regimens and restructured outpatient approachesx to care have had a remarkablew impact upon behavioral health. Our inpatient service that had long attendedr to 12 to 16 patients per day is now attending to only six to eighysuch patients.
” Penn Foundation has piloted several programs in recent years that are specifically designed to prevent hospitalization and to promote independent living and community involvement. The organization is planning an expansionm of its facilities to supportthe community’s growingy demand for several levels of outpatient services. “Pennb Foundation and Grand View have had a closs working relationship that extends back for over 50 saidJohn Goshow, Penn Foundationn CEO. “Our organizations have coordinated in the developmentg and operation of a variety of programs and services.
This decision has been made jointly, and we will continued to cooperate in working to addresws as best we can the behavioral healthj needs ofarea residents.”

Sunday, February 19, 2012

Report: California to shed 1M jobs during recession - Portland Business Journal:

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The pace of private-sector job losses will slow over the nextfew months, but state and local government layoffs are the Business Forecasting Center at the said in its latesgt California and Metro Forecast released Wednesday. The forecasf said California’s unemployment will peak at 12.3 percenrt early next year, and will remainj in double-digits until the end of 2011. The center produces quarterly economic forecasts of theUnited States, Californi a and nine metro from Sacramento to Fresno and the San Francisco Bay In the Sacramento area, unemployment will rise from 11.1 percen t this year to peak at 11.4 percent next year, before dippingf to 10.
2 percent in 2011, the report Unemployment is expected to reach 9.2 percenyt in 2012. The Sacramento area is forecast to rebounde in the third quarter of next when job growth will improvseto 0.8 percent. A “strong rebound is expected to take placd in professional and and educational and health services the report saidof “Job growth is expecter to have its first positiver full year at 2.0 percenr in 2011.” Sacramento’s real personak income, meanwhile, will grow at a slow rate of 1.5 perceny next year.
San Jose and San Francisco will be the firsr metro areas in Northern California to return totheire pre-recession employment levels, in the second and thirsd quarters of 2012, respectively, the study Sacramento and Merced will be among the last north state metr areas to regain peak employment, in fourth-quarter 2013. Vallejo is last, with a return expectede in the second quarterof 2014. The Centra l Valley will be hard hit by the combinatio n of recent state tax increases and massive expectedfbudget cuts, the Business Forecastinv Center said.
“The state budget crisis is a dangerous aftershock to a regionm still reeling from theforeclosure earthquake,” Jeff Michael, director of the Businessd Forecasting Center, said in a news The Central Valley is an economic disastere area, but most of its “economic shocks are cyclical in nature rather than permanent changesx such as closed military bases,” the news release • Construction continues to lead job losses in percentage terms, declining another 15 percent to 110,000 in 2009. • Manufacturing will lead the decline in 2009, losing 135,000 jobs this year. • Retaipl sales will not return to their 2007 levekuntil 2011.
• New car and trucok sales will fallbelow 1.06 million in after exceeding 2 million for most of the Sales will gradually increase as the economy reaching 1.46 million next and 1.73 million in 2011. • Housiny starts hit bottom in 2009at 36,00p units, more than 80 percent below the levels seen in 2004 and 2005. Housinf starts will be back to 100,0009 units in 2011, and exceed 150,000 by 2013. Health care is the only sectoe that will not shrinkthis year. The gain of 13,000 healtn care jobs, or 0.9 percent, is the slowest growtyh this decade. • Personalk income declines 0.8 percent in 2009.
Nonfarm payrolls will declineby 1,020,0000 jobs statewide during the two-year • The California economy will finallgy hit bottom in the fourth quartedr of this year, and will begin a multi-year recovery. It will be 2013 befor e many key economic indicators such as unemploymenft return tohealthy levels. • The state’ss recession should end in the last quarter ofthis year, but the job markegt will remain weak through most of next year.