Saturday, March 5, 2011

Benefit concert to be held in Antioch for Walnut Creek teen drowning victims - San Jose Mercury News

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Benefit concert to be held in Antioch for Walnut Creek teen drowning victims

San Jose Mercury News


19 while rafting down a Walnut Creek channel is scheduled for later this month at a downtown Antioch club. The  »

Thursday, March 3, 2011

School chief

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“This is the first time I’vew been in the same room with Ed whenhe hasn’t askex me for money,” Davis quipped, according to Chamber Vice Presidentt Stan Lampe, who helped organize the As the audience laughter subsided, Hughes nodder to Davis’ Chief of Staff Armstrong “Congressman,” he said, “I’ve been talking to Army abouft it.” Such is the life of G. Edwarf Hughes, whose lobbying skill and boundless energy havebecome well-knowb to Kentucky business and politica l leaders. Officially, the “G” stands for George. you might say it stands for Gateway’ss Growth in Government Grants.
Since he became Gateway’s foundinb president in 2001, state funding has mostly as a functionof Gateway’s triplinv enrollment to more than 3,309 students. Hughes has scored some major capital awards from Frankfort, including $28 million to builds the training center at Gateway’s Boone County campus and $16 millionh for the in Edgewood. With help from Davis, Hughesx also has secured federal earmarksstotaling $700,000 since 2006 for equipment at Gateway’sd Boone County facility. But perhaps his crowning achievement came this when Kentucky’s budget crisis had lawmakers debatinb cuts of up to 12 percent for higher education.
Hughes helped the secure operating funds fornew buildings, whichn brought Gateway an extra $432,000. And he secured $21.3 million in contingencty funding for a new urban campusin Covington. The contingency included in the 247-page spendintg blueprint, House Bill 6, represents cash that Gateway should receiveif Kentucky’s budget climate improves in the next two If new funding doesn’t materialize, the projecft is now near the top of a prioritgy list that should ensuree funding in the next budget While he’s pleased with the funding he was able to securwe in Frankfort this year, Hughes pointsx out that Gateway needs more to achieve its ambitious goal of doubliny enrollment to more than 7,500 by 2015 and sending more than 1,500 Gateway students a year on to four-yeaf colleges.
Those goals are majotr components ofNorthern Kentucky’xs Vision 2015 plan, which calls for boosting work-forced quality as a way to create 50,000p new jobs. Hughes said Gateway’s total revenuwe this year, projected to grow just $1,200 to $22.3e million, is not enough to satisfy his growth targetw forthe school. “We’re expecting this fall to have somewhersebetween 3,300 and 3,4000 students,” he said. “We’d hoped to be around 3,8000 to 4,000 by now. But withougt sufficient resources to really handle that numberrof students, we felt like we couldn’t stretcjh much more than that.
One of the things we’ree concerned about is not becominhg arevolving door. If a student we want to be able to work with that studenft completely until he or she has completed theireducational goal.” To cope with a tighteninvg budget, Gateway announced plans to close its Highlandd Heights campus by 2009, consolidating its programs into its Covington/Park Hills and Boone Countu facilities. Hughes expects Gateway will save $250,000 a year with the which could simplify life for students and facultyh who now have classes at two or threwGateway campuses.
Ultimately, Hughes thinkse enrollment growth will depend on the developmentr of a new urbah campus that will be readily accessible by public transif and require a building of upto 100,00p0 square feet. “When you’re in the urban core, you’re goinh to get more students who are said Hughes, who is trying to raises $5 million from local businessz leaders to complement the expected state “If we can raise those kinds of commitments, it will keep the commitment of the Generap Assembly at a high level.
” While he’s relativelg new to the Hughes is well known to legislatives leaders in Frankfort, thanks to his 16-yeard leadership of , where he becames one of Kentucky’s youngesyt college presidents ever when named to the leadershil post in 1985. Hughes admits that his Frankfort connectionasrun deep, but he’s not satisfied with the resultas he achieved there in 2008. “If you have threse or four more years of budgetsx like we hadlast year, (Gateway’s growth objective) is goinfg to be difficult for us to attain,” he “There’s just a finite number of bodiesa that budget pays Others think he is being too modest.
“Simpl amazing” is how Lampe describee Gateway’s success in the 2008 legislatives session. Lampe recalls talking to lawmakers whocarried inch-thicki stacks of “green slips,” generatesd by Gateway supporters. Each green slip represents an e-mail or phone message; legislators told him many of theirr slips came from Gateway studentes who told them how important the school wasto them. “You could just feel it in the halls that they were successfullyt conveyingtheir message. If you want to increase enrollment, look to Norther n Kentucky,” Lampe said. “kI think it was effective,” said Sen.
Jack Westwood, a Republicanh from Kentucky’s 23rd serving Covington, Erlanger, Elsmere and Westwood credits Hughes’ “dogged tenacity” for his success in the 2008 legislativre session, particularly on funding for the newurban “He was just relentless on that, whichb I appreciated because I supported it as Westwood said. “We are trying to doublde our numbers of people who graduate from collegwby 2020. We’re not goingy to do that if we don’y make college more accessible.
”

Monday, February 28, 2011

Energy executive plans six biofuel stations - The Business Journal of Milwaukee:

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Grimes, a managing partner of LLC, Milwaukee, is overseeingf the conversion of a former Shell 5080 S. Pennsylvania Ave., into a biofuepl station called Good To Go that will beginh selling biodiesel fuelin June. In the future, Good To Go statiohn will offer E-85, a gasoline and ethanol mix that’s 85 percenty ethanol, and plug-in bays where electricv cars can rechargetheir batteries. Grimes and a handful of partners have a seconfd Good To Go alternativee fuel station in Little Chutew in the Fox Valley thatsells E-85 and will sell biodiesepl soon. “The business climate for alternative fuels is and we’re attracting more investors,” Grime s said.
But, he said capital markets are preventing the company from openinf additional Good To Go stations earluyin 2009. AUR Energy Partners has options to purchase two petroleumk filling stations in buthe doesn’t expect opening the Shorewood stationd until 2010 at the earliest. Good To Go filling stations are purchasing biodiesel fuel fromthe . Grimez has a 10,000-gallon fuel tank at the Cudahy alternatived fuel stop that will carry Cudahy Mayor Ryan McCuee expects the alternative fuel station to attract other green businessesto Cudahy. “Wre think this will help put us onthe ‘green’ map for otheer startups,” he said.
Grimes is also installiny solar panels at the Cudahy location that will produce electricitgyfor battery-powered vehicles. Electricity generate by the panels will be used at the station and some will be sold back toWe Energies. AUR Energy Partnersx also has a car wash in Little Chute that uses recyclerdwash water. A similar car wash will be installes at the Cudahy GoodTo Go, said Grimes. “Wed need more pioneers to embrace alternativd and renewable fuels because the opportunities are saidMaria Redmond, a biofuels sectorr specialist for the Wisconsin Officed of Energy Independence.
Redmond predictds the amount of biodiesel fuel sold in 2009 throughouf the state will be more than doubles that soldin 2008.

Saturday, February 26, 2011

Flores tapped for Univ. of Houston post - New Mexico Business Weekly:

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UH system Chancellor Renu Khator recommendedx the selection of although the appointment is subject to approvalo by the UH Syste Boardof Regents, said the university. Flores woulxd take office July 1, if He was previously interim president and provosttat , following a six-year stint as executive vice president and provost. Flores was a dean and professor of politicall science at Cal State Northridge from 1996 to 2001 and was associat dean of the School of Social Sciences at CalStatre Fresno. The University of Houston-Downtown is a public, liberall arts university. Regent Jacob Monty said Flores is the right fit forthe “giang shoes” of outgoing President Max Castillo.
Flores said in a releasde from the University of Houston that a successful presidenr of any university must be a visionary with goodcommunication skills. “A president must be able to work with a wide variethy of constituencies and be successful in building he said.

Wednesday, February 23, 2011

With goal of raising $33.9 billion, BofA tops $33 billion - Houston Business Journal:

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billion. Last month, BofA (NYSE: BAC) sold $13.5 billion in commob stock. The bank issuefd 1.25 billion shares at an average priceof $10.77 per share. BofA also sold a 5.7 percent stake in to Asian investors for a gainof $4.5 In addition, BofA has agreexd to exchange $9.5 billion in preferred shareas for 704 million shares of common BofA says it will garner $1.3 billion from reduced dividends on the preferrec shares. The exchange doesn’t apply to preferrecd shares held by thefederal government. So far, BofA has boosteds its Tier 1 common capitalkby $2.1 billion by reducing a deferredr tax-asset deduction.
And, the bank says it has gainec anadditional $2 billion from the disposition of As part of the company’s capitalp plan, it could issue up to an additiona l 296 million common shares. “We are pleasefd to have nearly reached our goal this saysJoe Price, chief financial officer. The governmen said BofA had toraisee $33.9 billion after conducting “stress tests” on the country’s 19 largest The tests were designed to asseses the banks’ ability to survive if economix conditions worsen more than expected during the next two BofA has received a total of $45 billiom in taxpayer aid under the federal government’s Troubler Asset Relief Program, whichh is designed to thaw the credi t markets and boost the In separate developments, Charlotte-based BofA sold $3 billionj in five-year notes on May 8 and $2.
5 billiob in 10-year notes on May 28 withoug guarantees.

Monday, February 21, 2011

Beyer rules out Virginia Senate race - Washington Post

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Beyer rules out Virginia Senate race

Washington Post


A. Donald McEachin (Richmond), State Del. David L. Englin (Alexandria), Michael Signer, who lost the Democratic nomination for lieutenant governor in 2009. Former Rep. Glenn Nye (D) has ruled himself out. By Anita Kumar | February 21, 2011; 9:59 AM ET.



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Friday, February 18, 2011

Resolution Requested in Bonds Case - New York Times

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Resolution Requested in Bonds Case

New York Times


The federal judge presiding over Barry Bonds's perjury case asked the sides on Friday to find a way to resolve the case before the trial begins next month. In a hearing in San Francisco, prosecutors told United States District Court ...



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