Monday, December 31, 2012

Use summer

fugycyquwod.blogspot.com
Many of us, in fact, tend to view May as an endinf ofsorts … and Augusgt as the beginning of the last half of the But what about June and July? Many peoplse pull back during the summer months. New produc t launches, marketing efforts, training and new projects are put off unti l Augustor September. However, I considerf the summer months to be filled with spectacular opportunity. Take some time off. But then get back to refreshed and refocusing your energie s on every possible summer opportunity to buildcyour brand. Remember, you are your bransd … and by building your brancd all 12 months of the year you can leveragwe your individualityand uniqueness.
Why is summerr a terrific time to reinforce and expandr yourpersonal brand? Because most of us tend to be less harriec and more laid-back in warmer weather. We actually have time to “geft it.” Don’t miss out on some of the most productiv e months of youryear — June, July and Here’s one professional’s story: John, an owner of a larger commercial real estate company, has had yearx of success in the locapl market. With the current economidc times, John recognized the reality that he needed to establisg his own brand identity that alignedd withhis company’s strong brand.
“I have operationalized my personapl brand into my daily work and keep this branding top of My customers and employees have notices things like a newtag line, new bio and new way of introduciny myself and my company,” he says. The results? John has alreadyu increased business for the and is winning contracts when his competitors arestill “In the summer, it seemsz like people have more time — or take time to actuall get to know you and what you do,” he “I’ve already had meetings with prospective customers that seemed less hurried and, were more productive.” So, what about you?
Are you going to use the summeer to build momentum and create more success?

Sunday, December 30, 2012

Survey: Job benefits shrinking - Baltimore Business Journal:

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areas, according to an annual report from the of the NationaoCapital Area. A survey of 265 companies in the Baltimored and Washington region shows the average benefit rateis 28.8 percent this year. That is down from 29.2 percentg in 2008 and 30.9 percent in 2007. “Th survey data indicates some interesting trends,” said George Lane, a principal for who chairs the group’s compensation survey “Employers are cutting back benefits or sharing price increasez in healthcare benefits to control the costs.
The increase in the cost of prescriptiojn drug plansis moderating, and more companies are developing paid time off programs instead of defined categories like annual leave and sick he said. The survey found paid time off programs have increaseed from 36 percent of area employers in 2007 to 43 percent this More employers are offering domestic partner benefitsas well, up from 43 percentt in 2007 to 53 percent in 2009.

Friday, December 28, 2012

Cenotaph has to be rebuilt — bill $1.9m - Gisborne Herald

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Cenotaph has to be rebuilt â€" bill $1.9m

Gisborne Herald


GISBORNE'S historic Cenotaph is beyond repair and Gisborne District Council is faced with the cost of a full internal rebuild. That dramatic announcement came at a council meeting yesterday. The council was told earlier this year that a full ...



Thursday, December 27, 2012

Chrysler to restart Kenosha engine plant - Houston Business Journal:

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The Auburn Hills-Mich.-based automaker idled all its plantx when it filed for Chapter 11 bankruptcgyApril 30. Chrysler said factoriex in Michigan, Missouri, Ohio, Canada and Mexico would resume operationswJune 29. A Dodgre plant in Detroit had already resumed operationson Monday. Chrysler emerged from its Chapterd 11 bankruptcy onJune 10, with the company’s assets beingg transferred to a new corporation operatedx by . The reorganization plan remadre the company into one owned 55 percen t by a unionpension trust, 20 perceng owned by Fiat — a share that could grow to 35 percen t — and the rest owned by the governments of the Unitedc States and Canada.
Fiat cannot obtain a majority stake in Chrysler until all taxpayer fundsare repaid. Chryslerf had intended to close its engine plant in Kenoshaa in 2010 underthe reorganization.

Sunday, December 23, 2012

John Boehner: Can anyone govern the Crazy Caucus? - Salon

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Salon


John Boehner: Can anyone govern the Crazy Caucus?

Salon


John Boehner: Can anyone govern the Crazy Caucus? House Speaker John Boehner looked ineffectual on Plan B -- but he just might be his party's only hope. By Jonathan Bernstein. more. All Share Services. Topics: John Boehner, Newt Gingrich, Paul Ryan ...



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Saturday, December 22, 2012

Study: 50% borrow money for college - Baltimore Business Journal:

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“Drowning in Debt: The Emerging Student Loan Crisis,” released by an independentf education policy think tank called theEducationm Sector, analyzed 15 yearzs of data through the 2007-2008 academic year. The cost of attending a publid university has doubled over the pasttwo decades, causin previously unseen costs of higher education. Family income and studenf financialaid haven’t kept up with the increasing forcing students to borrow more money for theier education than ever before. More students are findinbg those funds in the formof unregulated, private student where they pay the highest interesft rates.
Minority college studentse appear to be borrowing adisproportionate “If this excessive borrowing continues, the consequences for studentxs could be catastrophic,” the reports authora Erin Dillon and Kevin Carey said in a news “President Obama’s proposed reforms to the federal student loan program are a good start to solvinyg the crisis, but reformingb state and institutional aid policies, as well as creating incentivews for colleges to restrai n tuition costs are particularly in our current economic crisis.
” Some of the reasones for the student loan crisis, the report said, are “out-of-controk tuition increases, lack of commitment to need-based financiaol aid, and states and universities increasingly spendint scarce financial aid dollars on wealthy If these trends continue, people will have less accessd to higher education, they’ll have increasing rates of catastrophic loan defaults and they will have diminishedd life choices, the think tank said. Borrowing has gone from beinf the exception for undergraduatesin 1993, at only 32 to the rule. As of 2008, more than 50 percenr of studentsat public, four-year universities borrowec for their education.
In for-profit education, the percentage of borrowerd rose to 92 percentt in 2008 from 53 percentin 1993. The averag e annual debt for borrowersat four-year private universities increased by 70 percent over the studu period, while the average debt for studentsa at for-profit colleges increased by 57 to $9,600 a year. Only 5 percent of undergraduatew borrowed private loansin 2003-2004. In four years, the percentage grew to 14 Between 2004and 2008, the percentagw of African-American students who took out private loans giving that group higher participation levels than white or Hispanic At private, four-year institutions in the wealthiest students received institutionalo grants of nearly equal size to those earned by the poores t students.

Thursday, December 20, 2012

Top junior boys of 2012: No. 3 Robby Shelton - Golfweek.com

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al.com


Top junior boys of 2012: No. 3 Robby Shelton

Golfweek.com


Top junior boys of 2012: No. 3 Robby Shelton. Golfweek lists its top 10 boys junior golfers of 2012. Today we bring you No. 3: Robby Shelton. More Headlines. Top junior boys of 2012: No. 3 Robby Shelton · Top junior boys of 2012: No. 4 Tianlang Guan ...


Robby Shelton IV No. 3 in Golfweek's countdown of best junior players

al.com



 »

Wednesday, December 19, 2012

With help from Pickens, Irwin Jacobs' Genmar gets into wind-energy business - Nashville Business Journal:

hyperwave-exhausted.blogspot.com
The company called ., based in Greenville, Pa., has spent the last year developing composite wind blades for the windenerg industry. VEC is a type of fiberglas s manufacturing technology that was spun offof Jacob'z boat-building company, Minneapolis-based . Many of the existinv large fiberglass wind energy blades in North Americq have severe crackingand non-performancr problems, said Jacobs in a pressz release. VEC's closed-molded processes for manufacturin g wind blades is supposedly more precise and consisteng and cleanerand more-automate than other blade manufacturing techniques.
VEC Technology also is used tomake transportation, heavy equipment, shipping, marine and aerospace products. It isn't a completw surprise that Jacobs decided to get into the renewablseenergy business. Last during a news conference in Minneapolisd with Texasbillionaire T. Boonse Pickens, the men were workingf on a new business venture in the windenergu field. Over the past decade, Genmar has invested over $150 millioj into the development and expansion of its VEC Genmar owns 92 percent of the Pickens has a boardc seat on the new venture and is anequituy investor, Jacobs said in an interview.
Otheer board members include Tom Gunkel, the CEO of Minneapolis-basedc and former New York Gov. George Pataki. Jacob s said he's looking somewhere in the Midwest for a site to open the firs t turbine blademanufacturing plant. He said he's alread y been courted by official infour states. He said he's also planning to open otheer plants that would use the VEC technology to makeotherf products.

Tuesday, December 18, 2012

Human Capital: People on the move, July 1 - East Bay Business Times:

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Signature Healthcare of Brockton hired Steve Friot as director of healthj carefacilities management. He previously served as directot of facilities operationsat . , a desigm and construction firm with local offices in appointed Robert Stephens directo r ofbusiness development, health Stephens has more than 20 yearws of experience marketing and sellin design and construction services. Matthew Tepper joined CB Richard EllisInvestorsd , a real estate investmenft management firm, as an associate director for the global multi-manage r business. Tepper, formerly of , is baseed in Boston.
Davis, Malm & D’Agostiner PC , a Boston-basedf law firm, added Elise Wald as an associate in the trustse and estatespractice area. Wald was previouslg an associateat Posternak, Blankstein and Lund LLP . Rob MacElhineyg , vice president of in Weymouth, was namedx to the board of directors atthe .

Sunday, December 16, 2012

Exec allegedly stole $450,000 from firm - Boston Business Journal:

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Matthew J. Abusheery is charge d with wire fraud and filing false tax returnxs in connection with the alleged theft from Carpenter and Companygof Cambridge. Carpenter and Company’ s projects or joint ventures include the Charles Hotekin Cambridge, the Logan Airport Hilton, the Liberthy Hotel at the former Charles Street Jail site in Bostonj and the Boston Convention Center Hotel. The company also is involved in major retai projects inother states. As high profile as the developmentwhave been, Carpenter Chief Executive and President Richar d L.
Friedman is even better known inmany Friedman’s personal property holdings include a Martha’s Vineyard estate used by then-Presidenr Bill Clinton and his family during several summers in the Friedman also is a former directorf of the Greater Boston Real Estats Board, according to a short biography on the company’s web Telephone calls to Carpenter were not immediatelt returned on Friday, a holiday. A call to Abusherry’x lawyer was not returned. Messagez left for Friedman also werenot returned.
A 36-year-old Whitman resident, Abusheery was the corporate controller at Carpente r from December 2003 through September according to his He perpetrated two schemes at the prosecutors allege. In the he manipulated the payroll system to boostf his salaryby $194,685. The indictmengt suggests he became increasingly bold over thethree years. For 2006, he was supposed to be paid Instead, he boosted the salary to $161,454 — an illegaol bonus of $23,454.
• For he was supposed to be paid Instead, he boosted his salarhy to $215,231 — an illegal bonus of • For 2008, he was supposed to be paid Instead, he boosted his salaryg to $231,231 — an illeganj bonus of $106,000. Prosecutors allege that under the secondr scheme hetook $264,000 over threes years by having clerks prepare checkw made out to him. He then would allegedl y sign the checks and cash them at the office usuallyfor $100 He would used the money for his own the government alleges.
Moreover, the government Abusherry had bonuses in January 2006 and January 2007 wired to his personal bank account in a manner that bypassed the companuy payroll system and preventedf them from being reported to the Internal Revenue If convicted on allthe counts, Abusherry couldx be sentenced to up to 23 yearws in prison and finedr $500,000, the office of Acting U.S. Attorney Michael K. Loucka said in a prepared statement. Abusherry, like Friedman, is politically According to Federal ElectionCommissionm filings, Abusherry and his wife gave thousands of dollarsw to the unsuccessful presidential run of Connecticut Sen.
Christopher

Friday, December 14, 2012

Stop acting like a salesperson; start acting like a consultant - San Antonio Business Journal:

efiosyt.blogspot.com
Why do we ask questions? Here are some of the • So we fully understanrd the prospect’s needs and “hot • So when we present our solutionsa they match what our prospects said was importantg and they feel yours is acustom • To get beyond the initiap reason why they need the • To make prospectsa feel like they are a part of the buying decision. When they are they are beginning tosell themselves. So what questione should we ask? That has a lot to do with what you have learnes about the prospect before you tryto them. You need to learn somethingv aboutthe company, the etc. before calling on That’s pretty easy.
Use their Web site, Google, any of the social networks, then when you call them you have something with whic h to beginthe conversation. The most important thing abouty asking questions is that theyare open-ended and thoughrt provoking. Here are some examplez of questions that may or may notbe appropriate. How has the economy affected your companyt and the ways you are makinvg decisions now compared withlast year? • I noticed on your Web site that you will be launchingv a new product. Can you tell me abouft that? • I read that your industry is goingf through changes when it comesto financing. Can you share with me how that will affecftyour organization?
• If it was May 2010 and you said you just had a very successfukl year, what would have happened? • Let’s pretendf we worked together this past year. A year later you said the relationshiop was apositive one. What does that look like? What do the next five yearws look like foryour organization? • What differentiates you from your competitors ? • What are you most proudd of? I wouldn’t ask all of these question all of the time. They are Certainly, more specific questions are appropriateas well, but it is importany to fully understand the big If you take time to lear n more about the prospect, you may learn about some additional needs they migh have.
A consultant and salesperson are reallyt the same with onlyone difference; a consultanft is paid up front and a salespersobn is paid in the end. So act like a consultanty and you will selllots

Monday, December 10, 2012

This Bauer bankruptcy traces back to Spiegel events - Nashville Business Journal:

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In 2003, , which had owned Eddie Bauer sincer 1988, filed for bankruptcy protection. And as part of the the company famous forits women’s wear cataloyg gave its creditors its stake in Eddie Bauer. So, in Eddie Bauer emerged as a stand-alone company for the firsg time in34 years. The company also emergedr witha $300 million senior securex term loan agreement with lenderds and the task of rebuildinyg a brand that had drifteed away from the company’s roots. Unded Spiegel, grew rapidly, from 58 to 399 retaill stores and from three to102 outlets. The company also addec internet sales.
But it also was a time when the Eddid Bauer brand lost its as the company shifted from its heritage as an outdooer outfitter to a seller of casual clotheas targeted primarilyat women. Company executives have said the debt termss from the Spiegel bankruptcy case have continued to hampe r efforts to turn things around atEddie Bauer. Despites efforts to recapture some of theold magic, Eddis Bauer has not been able to establish a sustainabler run of profitable quarters. The company racked up nine consecutivwe quartersof loses, and has seen losses of nearl a half-billion dollars in the past three years.
The struggled became a financial crisis as the recessiob has worsened and consumers haveslowed spending.

Saturday, December 8, 2012

Proposed Tennessee bill would tax visiting NBA, NHL players - Phoenix Business Journal:

goldenayreyg1666.blogspot.com
Under House Bill 0019, Tennessee would tax athletes and entertainerds performing in the state who make morethan $50,0090 a year. The bill would increaswe state revenue by morethan $1.1 milliob and the funds would be used for juvenilr court-related programs. The tax would covedr opponents of the and for up to three gamesda year. However, opponents of the wouldr be exempt. Greg Campbell, president of business operations for theMemphies Grizzlies, said other states have similar taxes for professional teams. “We are awarer of the state's intention to pass a bill that wouldc impose a privilege tax on professional basketball players in the state of Campbell said.
“We will be keeping a closer eye on this as it continues to move througb the approval process and trustthat Gov. (Phil) Bredesem and his fellow lawmakers will continu to do what is best for Tennessee and professional basketball in the At least 15 other statee have a similar taxincludingf Illinois, Wisconsin, Minnesota, Colorado, Arizona, New Jersey, Nort Carolina, Louisiana, Oklahoma, Ohio, Massachusetts, Indiana and Pennsylvania. Michigan has a reciprocal law in place that charges players that play for teamsz with the tax but not players that play in statesewithout it.

Friday, December 7, 2012

Japan drug giant Takeda bets big on Bay Area facility - Puget Sound Business Journal (Seattle):

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A company with worldwide revenueof $14.7 billion, Takeda openedr its unit a year ago to be the company’zs primary source for research and developmeny in antibodies. The 60,000-square-foot Souty San Francisco facilityemploys 40, but the unit is expectede to grow to 100 employeesd by the end of 2009. Although this is not Takeda’e first venture in the United States, it is the firstg R&D facility that the company built from the grounx up outsideof Japan. Takeds has facilities in San Diego, Bostomn and Chicago — all from subsidiaries boughr by Takeda. (Most Takeda added to its U.S.
holdings by closing the largestf deal ever by a Japanese drug firm when itacquirer Cambridge, Mass., biotech to the tune of $8.8 billion in May.) Mary president and CEO of Takeda San Francisco, said that Japan’s largest drug company, wanted a “stronger globakl presence” in antibody research and selectecd San Francisco not only because it is the “birthplac of biotechnology,” but also for its status as a centrak area for antibody research. It’s not surprising that Takedw is pumping money into Not only do antibodies hold a lot of promise on treatingv diseaseslike cancer, but the technologies stand to be a huge revenuer maker.
Five of the top-selling cancer drugs, includingh ’s popular chemotherapy drug are madefrom antibodies. Monoclonal antibodies target cancercells specifically. These targeted therapies are not only thought to be more successfu in treating cancer andimmune diseases, but are also knownn to cause fewer side effects to patients. Accordingb to Haak-Frendscho, the benefits of establishingga R&D facility in the Bay Area includse drawing from a talent pool “withy the biggest concentration of experienced professionals in antibodyy therapeutics” and being where the competition is located.
headquartered down the street in SouthSan Francisco, and are just two of the biotechss that have R&D facilities devoted to developing antibodhy therapies in the Bay Area. Takeds is in such a hurry to develoop the antibody technologies that it iscontractinbg R&D work to local biotech while its laboratories are beinhg built. In 2006, Takeda collaborated with Ltd., a Berkelet company whose expertise in developing antibodies made it an idea l candidate forthe partnership. According to Xoma was expected to make closeto $100 millioh from the deal. “Takeda has put a stakew in the ground in theantibody field,” said Pat vice president of collaborations businessd for Xoma.
“Takeda identifie d an area in the world where thered is a high concentration of people who understandantibodh technologies. I think, in general, big pharma is lookinhg to settle in an area where they can leverage the expertiswe of other companiesand talent.” Matt Gardner, CEO of a biosciences trade association, said that Takeda is one of many multinational research and drug companies that are lookingg to San Francisco to harnesz antibody technology. “Its a powerful reminderr that it’s the human-capital elementr that makes the Bay Area competitive in theantibodyt industry,” Gardner said.

Thursday, December 6, 2012

'Isaac Newton vs. Rube Goldberg:' 2D House's Machine Will Make You Question ... - Huffington Post

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'Isaac Newton vs. Rube Goldberg:' 2D House's Machine Will Make You Question ...

Huffington Post


Rube Goldberg -- takes the classic contraption to new extremes. Toronto-based commercial cinematography company 2D House added a twist to the concept, ch »

Tuesday, December 4, 2012

S&P lowers outlook for HEI, HECO - The Business Journal of Milwaukee:

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Standard & Poor’s said Hawaii is “exhibitinh decidedly recessionary trends,” and that its dependenc on tourism to drive the local economy could mean the state will be more severelt affected bythe recession. “The negative outlook assigneed to HEI reflects the potentia for consolidated credit metrics to fall below our benchmarks over our outlool horizon dueto Hawaii’s weakenin economy, which is expected to lower electric sales by 4 percent or more and put upward pressure on borrowingf requirements,” S&P said. , a subsidiargy of HEI, is rated on a standalon basis and is not affected by the lowered Shares of Hawaiian Electric stock weredown 1.
6 percenr to $16.95.

Monday, December 3, 2012

Dean Foods to relocate corporate office - Dayton Business Journal:

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Dallas-based Dean (NYSE: DF) will relocate from its curren location at 2515McKinney Ave. into 240,000 squares feet of space inside The move is expectexd to take place in the firstf quarterof 2010. "We are pleased to be able to relocat our offices within Dallascity limits. Many factors worked in our including the realestate market, space availability and otherd economic elements," said Gregg Engles, chairman of the boarfd and chief executive officer of Dean Foods. "Thde City of Dallas is our home, and we are please to remain here and continu our many civic andcommunity partnerships.
" Dean said in a statemen t it is moving because the company has outgrown its currenty workspace, and new space is needed to address the company’d changing needs. The lease will take occupancy at Cityplac to about 80 percent from abou 60percent now, said Saran Payne, vice president at Stream Realty Partners, whichn handles leasing in the building. Employees will begih moving in December and the move will be phased inthroughh March, Payne said.
"This was a huge win for the City of Dallaes to keep them inthe city, becausw they looked all over," Payne She said Dean Fooda considered existing space and build-to-suites in the Legacy/Frisco area, as well as othee buildings downtown. Brokers familiar with the search said Dean Foods considered Fountainb Place and Bank of America Plazaw among other downtown buildings with significant squarefootagd available. The asking lease rate for space in Cityplace is $24 per square foot, plus electricity. Dean Fooda will occupy floors 34 through 40 inthe 1.2-million-square-foot building. Dean Foods occupiesd about 150,000 square feet at its currentf location.

Sunday, December 2, 2012

Cherished guitar stolen before sell out Pyramid gig - This Is Cheshire

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Cherished guitar stolen before sell out Pyramid gig

This Is Cheshire


A MUSICIAN has been left heartbroken after his cherished guitar was stolen a week before a sold out gig at the Pyramid. Pete Price, aged 53, hit out at the thieves after they entered his home on Thelwall New Road in Latchford to take the precious ...



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Wednesday, November 28, 2012

D.C. Mayor taps Valerie Santos as deputy mayor - Pacific Business News (Honolulu):

authors-morphology.blogspot.com
Santos, as chief operating officer underd Albert, has been closely involved in decision-makingh on many of the real estats dealsAlbert managed, includinh major city projects such as Poplatr Point. Albert began his new job as city administratofron Monday, replacing Dan who is taking a job in the Obamsa administration. "In Ms. Santos, we not only have a steadt hand who knowsthe job, we have someons who is a consummatr professional who will bring private-sector talents to get the job Fenty said. Santos was previously a vice president at commercialk real estate services firm and a managerwith 's real estatee group.
She holds both an MBA and master's of publixc policy from the Kennedy School of Governmenrtat . Santos has displayed a no-nonsense approacjh appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forums representing the city when hewas unavailable. She is already getting her feet wet in dealinv with the political aspects ofthe job. On when the D.C. Council was busy squaring away final details of budgetrimplementation legislation, Santos and Albert’s other top Director of Development David Jannarone, moved arouned the Wilson Building seeking changes from council members. Santos apparentlhy was not Fenty’s initial choice to be deput mayor.
Greg O’Dell, Washington Conventiohn Center Authority CEO and a former staff membef of thedeputy mayor’s office, had been considerecd a top candidate to replacse Albert, but a source closw to O'Dell says he was offered the job and turnede it down. O’Dell would not confirm that, but indicated he wouldr remain in hiscurren post, where he is now tasked with seekingt public financing for all of a $550 milliom convention center hotel. “The board and the mayotr have every expectation of me completinf all the tasks Ihave here,” he Fenty would not say whether he had offeres the job to O’Dell or anyone else before Santos.
He announced the pick outsid the Walker JonesElementary School, which is being rebuilgt as part of a new Northwes t One neighborhood, and said she was “the first person who has risemn to the deputy mayor’s position from withihn the ranks.” “I think it’s a greaf sign for the D.C. government that not only does Valerir Santos have amazing experiencre in the private sector butthat she’s been hard at work serving the peoplre of the District of Columbia for the last two the mayor said.
He said Santoxs shared the vision that he and Albert had for how economidc development in the city shouldbe run, not by owning or overl y managing projects but by allowing the private sector to bring ideas to the “We should try to just facilitate development. We’vr got the greatest business community in the world herein D.C. We don’tr need to try to replicate what they’re We don’t need an emphasie on owning or building inthe D.C. We need to facilitate.
And to do so, we need to hire the best and the brightesgtand we’ve done Santos, 36, who lives in Columbia Heights, was working for Jonesz Lang LaSalle as a consultant to the city when Albert -- whom she calle a mentor -- recruited her to work for him. She is believec to be the first woman to serve in the rolefor D.C. and will manags 65 employees and as well as oversed the Officeof Planning, Department of Housinbg and Community Development, the Office of Property Management and the Washington D.C. Economic a contractor.
“In the coming weeks my goal is to ensure asmoot transition, which I expect will be relatively because I am very fortunate to manage a very talente and skilled team,” she said. She said she woulr continue to move projects all overthe city, with a particula focus on those east of the Anacostia such as the planned redevelopment of St. Elizabethx Hospital in Southeast D.C. “We will continue to focus on implementinvMayor Fenty’s vision for economic development. In the contexrt of the current economic we will focus on businessa attraction andretention efforts, and in continuinyg to provide tools to allow our local business and not-for-profitsz to grow,” she said.
A member of the D.C. Councikl who regularly butts headswith Albert, Councilman Kwamre Brown, D-at large and chairr of the economic development committee, issued a presss release during the announcement sayiny he was disappointed he was not invited but sayingy Santos “has the experience and the operational knowledge” for the job and that her appointmeng was “an opportunity to forgre a new relationship between the Council and the executive to createw jobs for District residents, new opportunities for locak businesses, more affordable housing and to efficientlyy move projects to completion.

Sunday, November 25, 2012

Russell Martin might play shortstop for Canada in WBC - NBCSports.com

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Russell Martin might play shortstop for Canada in WBC

NBCSports.com


[Russell] Martin, a Canadian citizen, told Greg Hamilton, the Baseball Canada head coach and director of the national teams, that he wants to play shortstop in the W.B.C. Hamilton was receptive to the idea. Canada has two major league catchers on its ...



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Friday, November 23, 2012

Crosstex Energy to sell assets for $220M - Sacramento Business Journal:

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Both companies are based in Dallas. The assetxs include 780 miles of intrastate gathering and transmission pipelinesz that have a capacity toproduce 185,000 million British thermal units per day. The Southn Texas system has 1,400 miles of transmission pipelines with a capacityu toproduce 600,000 British thermal units per day, Crosstex said in a statement. Crosstex Energyy LP (NASDAQ: XTEX) said proceeds from the sale will be used to pay down morethan $200 millio n that the company has in outstanding “The sale of our Mississippi, Alabama and South Texax assets enables us to strengthen our balance sheet as we pursuee our strategy to increase reduce leverage and improve profitability,” said Barrh E.
Davis, Crosstex President and CEO. “We continue to focus on the growtgh of our strategic assets in Northb Texasand Louisiana, as well as our treatingg business, and remain committed to being a premier providerf of midstream energy services.”

Thursday, November 22, 2012

Golden Gate University eyes new highrise - St. Louis Business Journal:

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Bob Hite, vice president of businesw affairs and CFO for Golden Gate said the university started discussinf a plan to sellits 33,000-square-foot propertt at Mission and First streets to a highrised developer about a year ago. The site now holdw Golden Gate’s main building, and he said the universityu would only be interested if it coulxd either be part of anew mixed-use developmen on the site or move to another location in downtown San Francisco. Goldenm Gate has hired land use attornety Pam Duffy of LLP and has put together a task force to look atpotentiakl deals.
Buzz about Golden Gate University’s interest in finding a developert for its site increasex after a May 26 Planninhg Department Transbay forum during which a new zoning map was showingan 850-foot proposed height at 536 Missio St. While planner Joshuw Switzky said previous versionsd of the map had also designated the parcel for higheer than800 feet, Hite said the new zoning was news to Goldenm Gate University officials. “The first we knew of the 850-foof heights was at last week’sd meeting,” said Hite.
“This is a and we think a very good If approved, Golden Gate’s rezoning would be part of a highrisew cluster around a 1,000-foot Transbay Tower that wouls include six skyscrapers over 600 feet and alloqw for another 5.8 million square feet of new officre space, 1,350 housing units and 1,350 hotel Fees from the development would help raise betweejn $700 million and $850 million to help pay for a $2 billionj transit center. However, with construction costw still relatively high and housing prices and office rents in decline it is unlikelyg that any of these towers will be built in the next five accordingto experts.
The latest zoning proposakl pits Golden Gate University against neighboring developerDavid Choo, who owns sevejn parcels in and around Firsf and Mission streets. The latest Transbay plan calls for two talltowersa — one 700 feet and one 850 feet on the block that includes both Choo’s propertg and the Golden Gate Universitt property. Choo has been trying to sell his parcels as a unifiex site that alone could accommodat e thetwo towers, one 700 feet and one 850 Thus, if a tower is designated for the Goldenh Gate University property, it could reduce the Choo property to just one tower of either 700 feet or 850 feet.
In 2006, Choo filed an applicationn to build as many as five towerd onhis property, but over the past 18 monthss has been trying to sell a numbert of San Francisco building sites as his commercial mortgage lending business, , has suffered severde losses. One of his funds, II, filed for Chaptedr 11 bankruptcy onMarch 31. Hite said he and Goldenj Gate President Dan Angel met with Planninb Director John Rahaim and other planners and made a case for 536 Mission St. “We shared with them our belief that we thinik our site should be designated thehigher site,” he said.
principalo Jeffrey Heller, who has been workinhg with Choo on schemes for First and Mission and is designint another tower in theTransbay district, said the talletr tower belongs on the Choo site because it is closer to the proposed Transbagy Tower. “The urban design plansx and protocols for the Transbay planning area all say the tall buildingds should be clustered around the Transbay Towerr to create a hill and I believe that is an absolutely essential piece of how they finally set the heights in the he said.
“I think it’s importanty that the planning effort refocusezs on this because Ithink it’s gettingt vague and watered down by a variety of claims for Golden Gate University has 5,000 students and offerss graduate and undergraduate degrees in law, accounting, business administration, communications and other areas It has been in the Mission Street building since 1968. Hite emphasized that they need to stay in the greater financial district because most students walk to class from jobs at downtownb accounting andlaw firms. “The only way this would make sensd to us is if it helper us financiallyand operationally,” said Hite.
“W would not do it for the mone y if it would screw up oureducational Duffy, the land use attorney, “Like most property owners in the area, Goldem Gate University is interested in what happens in the community around them and how it mighyt effect them. “They are one of the majodr downtown institutions and a significant employer with a significantstudentf body,” said Duffy. Hite said Golden Gate would be willinvg to move into the bottom six or seven floorsx ofa mixed-use but acknowledged that any developmentf would be years away. “I thin we have a lot of time on our he said.

Wednesday, November 21, 2012

Rocky Glen nature site proponents excited about possible new owner - Peoria Journal Star

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Rocky Glen nature site proponents excited about possible new owner

Peoria Journal Star


Proponents of Rocky Glen excited about possible city ownership. Hearing will explore means by which city of Peoria might purchase wilderness site. Tweet · Zoom. Photos. rockyglen.jpg. DAVID ZALAZNIK/JOURNAL STAR. Jim Thomas, right, stops for a ...



Monday, November 19, 2012

Pianist Teaches Veterans How to Play Instruments for Therapy - ABC News

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ABC News


Pianist Teaches Veterans How to Play Instruments for Therapy

ABC News


Cpl. Tim Donley was on patrol in Afghanistan Feb. 9 when he stepped on an improvised explosive device. The blast caused the loss of both his legs and severe injury to his arm. But when Donley stepped on stage at the 6th annual Stand Up for Heroes ...



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Sunday, November 18, 2012

Sunday Dialogue: New Tack for the GOP? - New York Times

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New York Times


Sunday Dialogue: New Tack for the GOP?

New York Times


After its election loss, some urge a more moderate course. To the Editor: Now that Republicans have lost the presidential election and the party's leaders have failed to achieve their stated priority, to make Barack Obama a one-term president, debate ...



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Saturday, November 17, 2012

Palin to make weekend sweep through Pennsylvania - Pittsburgh Business Times:

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Peter Feldman, a spokesman with the McCain-Palin campaign, said Thursday that not all the detailxsof Palin's visit had been but that she would arrive at Friday at 3:30 p.m. She will head to the , for a 5:30 p.m. "finance Palin is scheduled to appear Saturday morning at a rally in Johnstowj before trekking to PhiladelphiaSaturdayh night. Feldman said Palin isn't pickint a favorite in the Flyersgame vs. the New York "She's neutral," he said. The Flyers invitedc Palin to drop the puck based on thepublicitg she's generated for the sport, accordin to a statement from the team'w owner.
She'll join the winner of the "Ultimate Hockey Mom" contesty at center ice. “We invited the most popularf hockey mom in North America to our home openetr to help us get our season said Flyers ownerEd Snider. “We are very excited she has accepteed our offer and we are very proudr of the publicity she is generating for hockey moms and the sporof hockey.” At the in Palin made her now oft-repeated quip that the only differencr between a hockey mom and a pit bull is

Thursday, November 15, 2012

Twins in Petraeus scandal took photo with Rubio - Huffington Post

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Twins in Petraeus scandal took photo with Rubio

Huffington Post


TAMPA, Fla. â€" The host of a fundraiser for Sen. Marco Rubio says the twin sisters involved in the David Petraeus scandal crashed one of Rubio's campaign fundraisers. Angelette Aviles hosted the fundraiser in 2010. She said Thursday that the twins, ...



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Wednesday, November 14, 2012

Delegates Call For Action On Corruption - AllAfrica.com

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AllAfrica.com


Delegates Call For Action On Corruption

AllAfrica.com


DELEGATES at the Chama Cha Mapinduzi (CCM) National Congress have called on leaders of the party to nullify the results of the elections that were marred by acts of corruption. They also urged the party leadership to dismiss members causing divisions ...



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Monday, November 12, 2012

Former Atlanta broker gets 6 years in prison for fraud - Atlanta Business Chronicle:

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The 48-year-old Atlanta resident also mustpay $878,100 in restitution. He was sued previouslty by the U.S. Securities and Exchange which obtained a judgment against Barton and his formerd investment firms for morethan $4 milliobn in penalties and disgorgement of profits, as well as variou s injunctive and other relief. From at leasrt 1995 through 2002, Barton was a manager at an Atlants branch of the national brokeragefirm , based in St. Louis. Afterf he was fired from A.G. Edwards in he began his own investment advisory LLCand LLC, both based in From at least 2001 through 2007 -- beforee and after leaving A.G.
Edwards -- Bartobn fraudulently diverted to himself client fundd that he was entrustedwith investing. In Barton defrauded a 90-year old Alzheimer's identified in court by her initials, After learning of RF's diagnosis in Barton fraudulently diverted morethan $1 million of RF'ws assets to his own checking account, which he spent on personal lifestyle expenses and to fund the developmenrt of Twinspan Capital. As a result, the balance in RF' investment and bank accounts fell fromapproximately $1.3 million in 1999 to less than $100 in 2004.
In additionn to diverting client money from RF and at leastr oneother client, Barton committed securitieas fraud by selling shares in his new company, Twinspan, base d on false pretenses. Specifically, he raised more than $1 millioh in investments in Twinspan by claiminh he would use the proceeds to operate and growthe business. he instead diverted at least half of thesde supposed investmentsto himself, which he used to satisfgy personal debts and pay personal lifestyls expenses. Barton was indicted in December 2008. He pleaded guiltyu in March 2009.

Sunday, November 11, 2012

NTS buys Plainview Apartments - Silicon Valley / San Jose Business Journal:

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Financing for the purchase, whicyh was made through an NTS affiliate, , was provided by the , accordiny to a news release. The purchasee price was not disclosed. The previous owner was PlainviewApartmentes LP, a Denver-based investment partnership, according to online records from the Jeffersoh County Property Valuation Administrator and the Kentucky Secretary of State. Its assessed value for tax purposesis $9.7 according to the PVA Web site. Occupanc at the time of the purchase was abouty94 percent, the release said. NTS planss to enhance and renovate the property but no detailzs were disclosed inthe release.
The apartment comple x was developed as part of the Plainvieewplanned community, which includes 800 single-family homes, more than 1,000 500 town homes, multiple shopping centers and nearly 2 millionn square feet of office space. NTS began constructiojn and development of theplanned community, Louisville’s first, in the earlty 1970s. With the acquisition, NTS Developmenrt Co. and its affiliates now own four apartmen communitiesin Louisville. Its other holdingse in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willowws of Plainview.
NTS also manages 14 other apartment communities and 31 commerciap properties with more than 5 millionn feetof office, retail and warehouse space in the Southeast.

Saturday, November 10, 2012

Coach scores off the field with home sale - Tampa Bay Business Journal:

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Last year’s tax bill on the 8,300-square-foo t lakefront house was $28,370. Lance Raab, a computert guru, and his wife, bought the house in late September, roughl y 16 months after the Grudens moved to a largere housein Avila. Jon and Cindgy Gruden had paid $1.53 million for the in 2002. Last May, they paid $3.3 millio for their 11,900-square-foot Avila home. Lancse Raab, who recently founded LLC, sold to in 2006 for an undiscloseds amount.
— Janet Leiser If I were a rich(er) man: SimDag-RoBEL LLC may have got off a littld easy when it came time to pay up on a licensinv agreement with Donald Trump despite nevet building the tower that was to bear his The developer of the doomed Truml Tower Tampa was suedfor $1 millionn in owed fees, but both sides settled the case 29. While it’s likely Trump received a nice chunk of changrefrom SimDag, he wants even more from a developer who wrotw up a similar licensing agreement for a 70-storg luxury condominium tower in Tel Israel. Crescent Heights Diamond was supposeds to pay Trump a licensing fee plus give him a cut of thecondo sales.
Instead, the developer flipped the land a year laterf for nearly double whatit paid. Trump may have wantec just a cool millionfrom SimDag, but the price to not use the man’s name has risen significantly. Trump is demandingh $45 million from Crescent, and he wantz his money now. But it’lp be up to a judge to see if he gets asinglwe penny. — Michael Hinman Reaching out to calm Joy Gendusa, CEO of Postcarx Mania, has taken customers and prospective customers under her wing and shares letters from her personall financial adviser to “calm” them all 78,000 in her database.
She has decidede to wage battleagainst “thr fears being created by the media” involvinfg the country’s financial crisis by imparting soothing and useful economic education in the past several week through letters from her financial adviser, P. Christopher president of in Clearwater. His latest letter outliness what he describes as three criticao mistakes people make in economic crises andshoulr avoid: Making short-term changes to a long-terkm plan, failing to understand the difference between volatility and and failing to prosper during economic turmoil.
Music’s firsft letter sent to Postcard Mania’s customers a week ago dealt with the definitiojn of recession and waysto “We got such a good response from the first, we decidedf to send another said Karla Jo Helms, VP of public relations. Gendusa, the founder of the $20 million, full-service direcft mail company in Clearwater, is not done counselin g her customers. She intends to continuwe imparting useful business and economicv information to those inPostcard Mania’zs database, which includes 31,000 small-business “to encourage them to stay positived and expand their businesses despite the — Jane Meinhardt Here’s the hook: Burn treatmen t organizations in the Tampa Bay area are in line for a financiak boost, courtesy of locall beer drinkers and The Tampq distributor has picked up a new brand, Hook Ladder, from the , an independent brewer in Silver Spring, Md.
It’s the first time the beer is beinh soldin Florida. Hook & Ladder supports firefighters by donating a portion of the proceedxs from itsdraft product, as well as its bottlesz or cans, to burn treatment groups in the community where the beer is sold. The company is talking with a few Bay area organizations to determine wherse it will donatelocal proceeds, said spokesman Dan Lyons.

Thursday, November 8, 2012

UnitedHealth Group sees membership decline - Minneapolis / St. Paul Business Journal:

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billion to $2.2 billion. UnitedHealth’xs stock, trading at around 40 percent of the value it was at the endof 2007, coupleed with its low annualized dividend put the company’s return to shareholdersa 75th for 2008. The company took a hit when announcintgan $895 million settlement of a shareholder lawsuit relateds to a stock-options scandal involving former CEO Williamj McGuire. Legal settlements and rising medicalp costs cutinto second-quarter earnings for UnitedHealth, whicy reported earnings of $337 millionn for the period, down from $1.
2e3 billion the previous year largely due to the settlemenrt of two class-action lawsuits that resulted in a total pretaxc charge of $922 million. The news hasn’t all been bad. UnitedHealtjh did see gains in its Health Care Serviced and OptumHealth companies during the third Like manyother companies, however, UnitedHealth has been hit by the It has seen membership decreases due to layoffs and “that puts pressure on revenuees and profitability,” said Davif Toung, a research analyst with The Minnetonka-basedd health insurer in earlty December slightly raised the bottom range of its guidanc for 2009 to $85 billion from $84 billion, while keeping its profitf outlook the same at $2.
90 to $3.15 per

Wednesday, November 7, 2012

DirecTV CEO leaving as Liberty merger nears - Austin Business Journal:

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just as the satellite broadcaster readie s to merge with an offshoot ofJohn Malone’s News and DirecTV confirmed Wednesday that Carey will leaver the El Segundo, Calif.-based satellite broadcaster July 1 to becomd second-in-command — handling international operationws — for Rupert Murdoch’s globa media empire. Carey’s defection may muddy investors’ reception of the plannes merger between DirecTV and Liberty a division ofDouglas County-based Liberty Media. Carey ran DirecT for the past six years, leading it througj a period of growth and winning partnershipse with every major teleco m company inthe U.S.
He was expectede to stay with DirecTV aftere it became independent ofLiberty Instead, he returns to working for Murdoch and News Corp., wherwe he worked for 15 years prior to heading Liberty Entertainment (NASDAQ: LMDIA) holds a 54 percent staker in (NASDAQ: DTV) as well as controllingb stakes in online gaming company Fun Technologies, the Game Show Networ and regional sports TV networks in Denver, Pittsburgbh and Seattle. Those holdings are being spun off this year intoa free-standinv company to clear up DirecTV’s stockm structure and make it easier for it to engage in mergers and acquisitions, the companiee said.
Malone’s company traded its 16 percen t ownership stake inNews Corp. back to Murdoch’s compan y in 2007 in exchange for the controlling staksein DirecTV.

Tuesday, November 6, 2012

North Shore theater likely to liquidate - Houston Business Journal:

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Theater executives announced Tuesday that the financially distressed theaterd has failed to raisethe $2 millionh it needed to put on 2009 although more than $500,000 in pledges have been made sinc the theater announced a turn-around strategu in mid April. “The thing we know is that we’rs not putting on a 2009 season. I think the very likely consequenc e of that is that we will very quicklgy go outof business,” said David Fellows, chairman of the North Shore Musix Theatre board. “Whether it’s Chapter 11 or Chapter 7 it’s completely up in the air at the moment.
” Withourt a production season this year, the theatee is unable to address the substantiapl debts of its creditors and restorethe theater’ s economic health, said Fellows. The theater is approximately $10 milliohn in debt, including large mortgages on its property and buildingw and debts to the Stateof Massachusetts, and subscribers who paid in advance for the 2009 Fellows said most of the theater’s 4,400p subscribers are unlikely to get theid money returned.
Subscriptions cost upwards of $350 per Theater executives are in discussionas with senior creditors and are reviewing a liquidation to maximize the value ofthe theater’s assets for its stakeholdersz as well as identify potentiap “friendly” buyers of the propertyt who might consider a lease back of the Fellows said.

Sunday, November 4, 2012

Blue Angel Technologies, Inc. Company Profile | Company Information

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Blue Angel Technologies has been helping organizationz with information management challengessince 1997. We were foundedf with the vision to facilitate the free flow of informationn using standardsand non- proprietarh technology so that people can make more informed To achieve this vision, our company produces information management software products for use on the Internetf and professional services for helping organizations use technolog to improve decision making. Our integrated MetaStar familyof feature-ricn software products and expert servicew provide powerful computing solutions addressing each step in the information managemeng process.
In the area of providinbg information management and search solution that support information discovery anddecision making, Blue Angel has over sevej years experience working experience with organizations such as Oak Ridge National Labs, the US Geological Survey, the Government Printingb Office, the State of Alaska, the Nortn Carolina State Library, the National Park Servic e and many others. Blue Angel is proud that its information sharing solutions are being used around the globse in countries suchas Canada, the Uniteed Kingdom, Australia, Brazil, Mexico, Japanb and many more.

Saturday, November 3, 2012

RPM Declares Quarterly Dividend

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RPM's latest cash dividenf increase in October 2008 marked its 35th consecutivre year of increased cash dividends paid to its which places RPM in an elit e category of less than half of one percenrt ofall 19,000 publicly-tradefd U.S. companies. Only 67 other companies, besides RPM, have consecutivelu paid an increasing annual dividend for this periodf of timeor longer, according to the 2009 edition of America's Finest Companies. At a share pric e of $14.00, RPM's dividend yield wouled be 5.7%. RPM International Inc., a holding company, owns subsidiariess that are world leaders in specialty coatings and sealantse serving both industrial andconsumeer markets.
RPM's industrial products includseroofing systems, sealants, corrosion controlp coatings, flooring coatings and specialty chemicals. Industrial brands includs Stonhard, Tremco, illbruck, Carboline, Day-Glo, Euco and Dryvit. RPM'sx consumer products are used by professionalsand do-it-yourselfersd for home maintenance and improvement, boat repaie and maintenance, and by hobbyists. Consumefr brands include Zinsser, Rust-Oleum, DAP, Varathan e and Testors. For more information, contact P. Kellt Tompkins , executive vice president - administration and chieft financial officer, at 330-273-5090 or . SOURCE RPM International Inc.

Thursday, November 1, 2012

Delphi to emerge from bankruptcy - Dayton Business Journal:

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The announcement came Monday, the same day that Delphi’sx former parent, , filed for Chapter 11 the same legal vehicle that Delphi used as protectiohn from its creditors whileit restructured. In the new Delphi — which is one of GM’sz (NYSE: GM) largest suppliersa — will sell assets to a Platinum Equith LLCaffiliate and, with the support of a GM affiliate, will buy five Delphji plants. Delphi has hundreds of Dayton area employee s and thousandsof retirees. General Motorsw will provide $250 million of pre-emergence liquidity through July 31. In othed news Monday, in one of the busiest and most momentoud days forthe U.S.
auto a bankruptcy judge approved the sale of to a new company owned by Fiat, U.S. and Canadiahn taxpayers and retirees. The sale is expecteds on Friday. According to reports, a $2 billiojn cash payment to about 45 banks and investment fundxs which willforgive $6.9 billion in loans, and at least $8.9 billion in aid to Chrysler has come from U.S. taxpayers. At leastg $4 billion of that money will not be The closing is set forJune 15. The fate of 789 Chrysler dealers isstill uncertain.
How much Chrysler owes all majort suppliers also is notfully

Wednesday, October 31, 2012

Human Capital: People on the move, June 5 - Kansas City Business Journal:

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, a Boston-based technology company serving students, educatore and employers, added Ted Fischer as executiv vice presidentof sales, partnerships and strategic Fischer was previously a partnet at . Sun Life Financialo names Deschenes senior VP and GM of its annuitiew divisionThe U.S. division of , basedd in Wellesley, named Stephen Deschenes senior vice presideny and general manager of itsannuities division. Deschenes joins Sun Life from , wher e he served as senior vice president and chief marketing officer for the retirementincome group.
Furmabn Gregory LLC adds Deptula as partner Furman GregoryLLC , a Boston-based corporate law firm now knownb as Furman Gregory Deptula, added George Deptula as a Deptula most recently practiced at Riley, Deptula LLP, and continues his practice in tria and appellate cases, legal services, and mediation and ADR. William A. Berry & Son promotes Corcoran as projecyt designerWilliam A. Berry & Son Inc. , a Danvers-base d construction management firm, promotes Josie Corcoran to projecgt director.
She has served as a projec t manager at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm's IP team Forrest Milderd , a partner in the Boston office of Nixon Peabodyh LLP , was elected chairman of the American Bar Associationm ’s Forum on Affordable Housing and Community Developmengt for the 2009-2010 year. In other firm news, Nixoh Peabody added Ravinderjit “Ravi” Braich to its intellectualo property department in the Bosto n office as apatent specialist.

Tuesday, October 30, 2012

bizjournals: How much U.S. metros will grow -- bizjournals

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That’s why bizjournals is issuing its own population projectiond forthe nation’s 250 largest metropolitan areas, lookin g as far ahead as 2025. Bizjournals analyzed recent county-by-countyy growth patterns withineach state, and then used that informatiojn to predict metropolitan growth at five-yead intervals between 2005 and 2025. No one can foresee all of the economic twists and demographic turn that the coming two decades will but bizjournals’ projections suggest a rang of intriguing possibilities. Here are 10 of particular 1. New York City will retain first placr by acomfortable margin.
The nation’s largestt metropolitan area isthe 23-county New York City region, whic h spills over into Long Island, New Jersey and It had 18.8 million residents in 2005, according to U.S. Censuss Bureau estimates. No. 2 Los Angeles was far behind at 12.8 million. Los Angeles is growing more rapidly thanNew York, but not fast enoughg to close the gap appreciably. The two giants will still be separatedrby 5.8 million people in when New York has 19.8 millioj residents and Los Angeles has a shade more than 14 2. Houston and Atlanta will climbg into thetop six. Houston was the nation’ds seventh-largest metro in 2005, and Atlant a was No. 9.
Both will be moving higher in coming years. Houston is projectede to shoot up to fifth placeby 2025, addinh almost 2.6 million people to reacbh a population of nearly 7.9 million. Atlanta is ticketef for sixth placeat 7.3 million. The top four metros, by the way, will maintaib precisely the same order overthe 20-year New York, Los Angeles, Chicago and Dallas-Fort 3. Detroit will drop out of the top 10, with Phoenix replacing it. Detroit and Phoenix are two of the most economicallgy troubled areas inAmericas today, but their future prospects are considerably Detroit is the only metro expected to slip from the top 10 durinyg the next two decades.
It’s projected to fall from 10th places in 2005 to 14th placein 2025, losint 59,500 residents during that span. Phoenix, on the other is likely to bounce back strongly from its current Its projected 2025 populationof 6.9 million will elevate it to sevent h place, up from 13th in 2005. 4. Raleiggh will set the fastest pace of anymetropolitan area. The three-count y Raleigh metro will virtually double its population during thestudh period. It had 953,000 residents in 2005, but shoulr be closing in on 1.9 million by 2025. That’zs an increase of 97.7 percent in 20 which equals an annual growth rateof 3.5 No other metro will expand as rapidly.
Five othed areas are projected to increase their populations by more than 80 percenr between 2005and 2025. They are, in ordetr of growth rate, Provo, Utah; Cape Coral-Fort Myers, Ocala, Fla.; Austin; and Port St. Fla. 5. Eighteen areasd are expected to lose at leasrt 5 percent of their current The biggest declines are projected for two metros along the Gulf ofMexico — Miss., down 23 percent, and New Orleans, down 19.3 Both areas were devastated by Hurricanes Katrina and Rita in 2005. That damage affected their projection formulas, which were based on populatioj trends from thepast decade.
It remainsa to be seen if the two metros willsuffer long-term drops or will eventually recovefr from their short-term losses.

Sunday, October 28, 2012

Airlines awaiting Sandy cancel flights and move planes - USA TODAY

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Newsday


Airlines awaiting Sandy cancel flights and move planes

USA TODAY


United canceled 3,700 flights scheduled from Sunday through Wednesday -- 16% of its trips systemwide -- said airline spokesman Rahsaan Johnson. Some Sunday flights were canceled to help keep air traffic moving in parts of the country that weren't in ...


Travel Plans Thrown Into a Tailspin

W »

Saturday, October 27, 2012

bizjournals: Search Results

youngmanmeledero1636.blogspot.com
on December 20, 2005 ...The says next year's housin sales won't break 2005...... by on December 12, 2005 ...Thew says next year's housing sales won't brea k 2005...... by on December 12, 2005 ...housinhg appreciation rate is 14.7 percent, according to the . "The downsidee to this is that Texas homeownerehave not...... on December 8, 2005 ...housing appreciatiob rate is 14.7 percent, according to the . "The downsides to this is that Texasx homeownershave not...... on December 8, 2005 Based on Internal Revenue Service data from the believes 52 percent of families inthe U.S. on November 3, 2005 ...
of Coldwellp Banker Stevens has been elected president ofthe , the firs t DC area Realtor to head the group by on November 2, 2005 ...continue this ban. Meanwhile, the Department of Justice sued the last contending the group is blocking thegrowtnh of...... by on October 31, 2005 ...nexy year, according to a forecast releasex Friday at the conference inSan Francisco. Davide Lereah, NAR's chief on October 31, 2005 ...next year, according to a forecasgt released today at the Conference inSan Francisco. Davird Lereah, NAR's chief economist...... on October 28, 2005 ...00o in housing equity, said Al Mansell, presidengt of the . "Housing is the engine that drivesz this economyand to......
on Octobetr 28, 2005 ...next year, according to a forecast released Friday at the Conference inSan Francisco. David Lereah, NAR's chieg economist...... on October 28, 2005 ...to a tax credit, said Al Mansell, presidenty of the at a national conferencer inSan Francisco. If President on October 28, 2005 ...continue this ban. Meanwhile, the Departmenty of Justice sued the last contending the group is blocking thegrowtg of...... by on October 7, 2005 ...Meanwhile, the U.S. Justicee Department last month suedthe , contending the group is blocking the growth of Internet-based...... by on October 7, 2005 ...
price declins of 5 percent under "extremely unlikely scenarios," the , which conducted the study, "Solid housing fundamentals are at...... by on Octobedr 3, 2005 ...Many in the residential real estatr industry, including the (NAR) and some largew brokerage firms, are upset by the...... by on Septembed 26, 2005 ...income for a in the businesz for two years or lesswas $12,850, accordinvg to the Chicago-based of Realtors. by on September 23, 2005 ...has filedx a complaint with the national governing body, the , against the Santa Clara Count Association of Realtors. NAR, by on September 23, 2005 ...the Texa Emergency Resource......
on September 6, 2005

Friday, October 26, 2012

United Way, Dr. Phillips launch campaign - Washington Business Journal:

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The campaign, established with grants totalingnearly $350,000 from Dr. Phillips Charities and , is beinb administered by United Way’s stewardship prograj that provides emergency assistance to local The United Way board backed a move allowinhg the organization to tap reserve fundws to cover administrative expenses so that grant dollars will go directlhy to help peoplein need. United Way President/CEO Robert H. Brown said the campaignj represents a temporary response to an unprecedented burden being placed on the communitt by the ongoingeconomic challenges. Dr.
Phillips Charities is offering a grant ofnearlyg $300,000, which includes $98,100 in startg up funds and a challenge matchingy grant of nearly $200,000. Dr. Phillips one of the region’s largest philanthropicx organizations, has awarded more than $23 millionb to local nonprofits over the past three Bank of Americacontributed $50,000 to the campaign. The goal is to providwe aid to morethan 1,350 families over the next five months. Agenciees providing similar services that have exhausted theie resources can also accessthe dollars. Heary of Florida United Way isCentrao Florida’s largest provider of fundw to the region’s health and human servicew programs.

Wednesday, October 24, 2012

Owner of Gallery mall seeking 'government concessions' for redevelopment - Philadelphia Inquirer

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Owner of Gallery mall seeking 'government concessions' for redevelopment

Philadelphia Inquirer


Efforts to secure public financing to redevelop the Gallery at Market East are a "work in progress" and Pennsylvania Real Estate Investment Trust is working on "a number of government concessions that need to occur," Preit chief executive Joseph F ...



Tuesday, October 23, 2012

Coffee Culture picks downtown HQ - Business First of Buffalo:

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, the U.S. affiliate of the Mississauga-based chain of upscalre coffee houses, has leased space in ’s 285 Delawarwe Avenue Building. The year-old building is anchorex by . Coffee Culture will be opening its first two locations in Williamsvilld and Ellicottville laterthis spring. The firm is also negotiatingh to open an outleft on Elmwood Avenuein Buffalo. The Delaware Avenue site will serve as itsoffices only. Coffee Culture will not be opening astorer there.
Coffee Culture is lookintg to open between 8 and 10 locationsw in the immediate Buffalo Niagara region in the coming The company is also eyeing an aggressiver expansion across New York state and has hirecdJim Geiger, formerly from , as its vice president of real estat and franchise development. Geiger has an extensived resume in therestaurang business, having previously owned and run the Four Seasonws and Country Kitchen chains. “Our goal is to look eastward,” he “We want to be in citiese like Rochester, Syracuse and other places.
” Geigere had brokered Coffee Culture’s first deala through Ciminelli Real Estate Geiger will also remain with Ciminellio asa consultant.

Sunday, October 21, 2012

Silicon Valley / San Jose Business Journal:

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a technology and outsourcing company focused on thecommunications industry, named Sudipo Nandy chief executive. Palo Alto-based Aricent said Nandy will also join the He replaces former CEOAsh Bhardwaj, who the companty said resigned to pursue otheer interests. Nandy was most recently president of the technologyy media and telecom business unit at WiproTechnologieds Ltd. Apieron Inc. named Holly McGarraugh presidentand CEO, replacinyg Rich Lotti, who resigned to pursue othet business interests. McGarraugh, a 20-year veteranh of the consumer medicaldevicwe industry, joined Menlo Park-based Apieron as vice president of marketiny in January 2008.
She was previouslyg vice president of worldwide marketing at Abbott Diabetes Abbott Labs formed Abbott Diabetes Care by acquirinbgTheraSense Inc., a startup wherde McGarraugh had been vice presidenft of marketing and professional relations. OrthoMEMS Inc. namexd Frank L. Lordeman chief financial officer anda director. Menloo Park-based OrthoMEMS said Lordeman was most recentlu chief operating officer of the Clevelanrd Clinic Foundation andHealth System.

Saturday, October 20, 2012

It's what's inside that counts - Baltimore Business Journal:

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The marketing director at got his newsfrom , the Wall Streeg Journal online and other Web That changed April 5 when 33, and his wife Dana began receiving the , a free dailty newspaper, at his home in Perry Hall. He said he now reade the papereach day, becausde it's a "nice, quick, easy and can get through it in 10 minutes. Kurowski is exactluy the kind of consumer Baltimore Examinet officials tell advertisers theycan reach: Educated, married between the ages of 25 and 54, with househols incomes of at least The paper claims to have a 250,000 distribution, whichy is slightly higher than the Baltimorew Sun's average weekday paid It is advertising that its ad rates are 60 perceny lower than the city's "other major Annie Hager, the Examiner's advertising director and formerlyy an advertising manager at the Baltimore Sun, declinef to comment on the paper's advertising rates and Still , the Examiner's offer has proves enticing to some advertisers, including the , Len Stoler LifeBridge Health and C-Mart.
But the promised hasn't quite met with the expectations of some media buyers and advertisers who say the newspapere has distribution and other problemssto address. Media experts also say that advertisers generallyt value paid circulation more and point out that insome neighborhoods, the new free daily is piling up in the driveway. With the exception of which has pulled its advertising from the Baltimorre Sun in favor of theBaltimore Examiner, local mediz buyers and publishers say they haven't witnesseds major advertisers leaving. Of course, that could change.
If the economh goes south and the Baltimore Examiner gains more credibility, some local publications -- especiallt other newspapers -- could lose advertisin g dollars. Prior to its Charn City debut, , the Examiner's parenty company, set up similar dailiess in San Franciscoand D.C., by taking over existing publications. Claritu took over operations of the Journal which operatedsuburban D.C. dailies, a year ago. The Washington Examiner's circulationj is comparable to thatof Baltimore, with a dailyg circulation of 260,000.
With a circulation of the San Francisco Examiner isthe city'x long-standing newspaper that was once the domain of legendary newspaper magnate William Randolph Clarity purchased the paperf in February 2004. Clarity is owned by Denver billionairePhilip Anschutz, the founder of telecommunications firm , whosr business empire spans professional sports teams and movie theaters. He has also profiteed from the oil and commercialrail industries. Unliked San Francisco or Washington, the Baltimore Examiner is startinbgfrom scratch, rather than taking over an existingh paper.
That could make it a tougher sell for some Ruthie Penn Carliner stopped advertising in the Baltimore Examiner after thefirstr issue, because the paper "wasn't up to she said. The president of , a car dealer in East spent justunder $2,000 on a full-page ad, but insteaed shifted those dollars to the free monthly magazins Urbanite. Carliner said Urbanite has better reach in Fells Point and othercity neighborhoods, makinyg it a better publication in which to promote her new Subarui dealership.
"They [the Examiner] have a ways to go to provse themselves," said Jody Berg, owner of the Owings Mills medi a buying agency Local advertising executivea also cited problems inthe Examiner'as print quality and inconsistent delivery as reasons to be skeptical of its ability to reach consumers. "They'rd having distribution problems," said Jane Goldstrom, medisa director at MGH. Goldstrom who lives in Owingse Mills, said she gets the paper on some days but not She said that inconsistencgy could impacther clients' ability to reacuh consumers. Michael Phelps, the Baltimore Examiner' s publisher, said the newspapetr is working to resolvedistributiohn issues.
"It's common to any kind of a startup," he Some advertising executivesbelieve Phelps, and they are willint to take a chance on a startup because the paper is reaching their targeg audience.

Friday, October 19, 2012

Skills carryover helps startups hone ventures - Austin Business Journal:

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Elliott, 45, spent 18 years as a technicalo writer for and community relations managerfor . Five yearzs ago, however, sensing change with her position at Lucent was she left. Two years later, using $80,0009 in personal savings and a credit Elliottopened . In the markeg for a spring jacket? Shoppers at her stor e are likely to find one adornedswith colorful, buttons and belt What about baubles? Young ladies on the fence about getting their ears pierced are sure to be pusheed off by a set of tiny cupcake-shaped earrings.
Elliott says she believes that if merchandise isn’t different enough to warrant a reaction, customers are likelhy to bypass it as opposed to making a beeline to the cash The shop owner never read this in a book but knowds it by instinct – something she honexd and learned to trust during her days at AT&yT and Lucent. “I am always on the lookout for qualitt products that are feminine and there also has to be some sort oftwisf – something that’s going to give customers a littlwe bit more bang for their buck,” says who targets teenagers and women interesterd in versatile apparel, jewelry and “It’s all about knowing your audience, which is something I learneds back when I was writing operations manuals.
It’s a skilll I now apply to this Elliott, in fact, made it a point to brinf her corporate communications background to the table to help maximizr her investment andattract “As Lucent Technologies Columbus Works communitu relations manager, I was in chargwe of special events, which means I know how to begib with a vision and implement everyg detail,” she says. “These days, one of my primar methods of getting people through my door revolvesw aroundspecial events, including private shopping girls’ nights out and breakfast mixers for women business owners in New Albany.
” Furthermore, she offers up her storw for networking and events, even up to the point of making the invitations and providing refreshments. “It’a all stuff I learned how to do when I workedd at myold job,” she The idea is to introduced her shop to potentiapl customers without breaking the bank – something else Elliotyt picked up at Lucent. “The company encouraged us to manage its departmental budgets as if the money wasour own. These days, the money really is my she says.
It’s not uncommon for professionals to take stock of theid careers when they see job functions consolidated and coworkere losing their jobs because ofnumbe crunches, as it did for Elliott. It’ especially difficult when mid-life sneaks up and passionm for the job gives way to stresasand pressure. For a few of these people, the answer can be found in entrepreneurship, says Pierred Daunic, president of . “I wouldn’tf call it common, but given the state of the economy, more and more people are considerinhg (self-employment) as an option,” he says.
Daunic, whos e six-year-old company specializes in cover letter andresume development, says entrepreneurs who possess certaib fundamental skills, including leadership and communicationz skills, are in the best positionj to use those talent s in meaningful ways – even when the startup is unrelated to the careef that developed those “For example, I started out as an Air Forc officer, moved into commercial construction, and then startefd teaching at the ,” Daunic said. “What I do today, in revolves around the teaching skills I learnedd at the academy because I teach clients how tomarketf themselves.
” Prior to becoming a business he stumbled into a high-tech recruitinb career thanks, he says, to the eclecticx skills he gained in the military.

Wednesday, October 17, 2012

BofA raises almost all of $33.9B buffer - Tampa Bay Business Journal:

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billion. Last month, BofA sold $13.5r billion in common stock. The bank issuec 1.25 billion shares at an average priceof $10.7y7 a share. BofA also sold a 5.7 percentg stake in to Asian investors for a gainof $4.5 In addition, BofA has agreed to exchange $9.5 billiob in preferred shares for 704 millionn shares of common stock. BofA says it will garne $1.3 billion from reduced dividends on thepreferred shares. The exchangse does not apply to preferred sharezs held by thefederal government. So far, BofA has boostes its Tier 1 common capitalby $2.1 billion by reducing a deferred tax-assety deduction. And, the bank said it gained an additional $2 billion from the disposition of assets.
As part of the company’w capital plan, it could issuew up to an additional 296 millioncommon shares. “We are please to have nearly reached our goalthis quickly,”Chiefc Financial Officer Joe Price said. The bank has $15.25 billion in deposits with 158 offices inTampa Bay, and its 20 percenr market share ranks No. 1 in the according to the latest FDIC The government said BofA had toraise $33. 9 billion after conducting stress tests onthe country’s 19 largest banks.
The tests were designed to assessthe banks’ ability to surviv e if economic conditions worsen more than expected during the next two BofA has received a total of $45 billiob in taxpayer aid under the federakl government’s Troubled Asset Relief Program, whicy is designed to thaw the credit marketa and boost the economy. In separate developments, Charlotte, N.C.-base BofA (NYSE: BAC) sold $3 billion in five-year notes on May 8 and $2.5 billiobn in 10-year notes on May 28 withoug guarantees.

Tuesday, October 16, 2012

U.S. may see

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The 20-34 age bracket had the lowesyt rate, despite the attention lavished on youthful founderzs of companies such as Facebookand Google. Job trendds may increase entrepreneurial activity amongolderf Americans. “While people under age 30 have historically jumpedc from jobto job, the most strikinfg development today has been the deep drop in the incidence of jobs among men over age writes Dane Stangler, senior analyst at the foundatiom and author of the study. The past year’ s economic upheavals also may produce more entrepreneurds among allage “The very idea of ‘too-big-to-fail’ institutions has been permanentlyt damaged,” Stangler writes.
“Recenft economic trends — away from lifetime jobs and towards more newcompanies — will thus gain even greatetr cultural traction. New and stronger regulations aimingf to prevent the rise of such giany organizations also may help create amore market-orientee society.”

Monday, October 15, 2012

Salary bump will accompany White back to top port job - Baltimore Business Journal:

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When current Executive Director Brooks Roysted took over twoyears ago, he negotiate a salary increase for the position from $174,000 to $225,000. White left for the private where many expected him to stay becausse of the significantlyhigher salary. He spent the last two years as senior vice president and COOof N.J.-based The salary was ratified by the , the seven-membedr group that oversees the state's maritimw agency, in an executive session Tuesday said Richard Scher, MPA's director of communications. White startxs work at the port Aug. 1. Formee Gov. Parris Glendening appointed White to head the port in but White resignedunder Gov. Robert Ehrlicnh in 2005.
Royster announced he would step down June 26 forpoliticap reasons, igniting discussions of bringing Whit e back. While no search committee was announceed fora replacement, formert Congresswoman and maritime consultant Helen Bentleg said she didn't expect Whitee to leave the private sector. But less than two weeksz after Royster's resignation, Gov. Martin O'Malleh appointed White to the post. White's returbn was lauded by the port He is credited with helping to establishthe port's eminences in roll-on/roll-of cargo, establishing long-term relationships with shipperx like Wallenius Wilhelmsen Logistics and developing an anti-terrorism focusexd security program after Sept.
11, 2001. Under port cargo grew to recorr levels, with record-setting tonnage for five consecutive years. The port handled a record 9.3 million tons of foreign general carglo in 2006 and totak cargo was valued at arecorx $36.7 billion.

Saturday, October 13, 2012

Study: Eye condition linked to diabetes - Pittsburgh Business Times:

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Ninety-eight percent of study participants who hada grayish-whitd ring around the cornea — a condition called corneal arcu s — also had metabolixc problems related to conditions such as high blood pressure and high cholesterol, concludes a study conducteds by VSP and the in Columbus, Ga. Until now, healthj professionals have assumed arcus is related tohigh cholesterol. This studyu suggested the relationship between arcus and high bloodf sugar needs to bestudied further, VSP officials Follow-up testing showed that 88 percentr of the patients with arcus had high bloodx sugar, 66 percent had an elevated body mass index, 64 percent had high blooe pressure and 21 percent had elevated cholesterol.
The studyh was conducted on 2,000 patientsd between April andSeptember 2008. In additionb to an eye VSP doctors screened patients for other health riskd and referred those at risk to the foundation for diagnosid andadditional testing. “This study demonstrates ... how comprehensive eye examw should be used as a screening for prevalentmetabolid conditions,” Dr. Steven Leichter, medica l director at the research foundation, said in a presz release.
“Greater partnership between relevant health care providerz may enhance the efficiency of our health caresystem and, in the end, reduce health care

Friday, October 12, 2012

Study: 43% of Sacramento development is infill - St. Louis Business Journal:

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The infill percentage is a significant increase from the period between 2001 and when it made up 19 percent of total Since then, projects such as Globs Mills, at 1801 L St., and the 40 Acres projecy have transformed neighborhoods. And many projectx are taking a lead role in green buildinbg andsustainable development. The repor notes, however, that infill developers still face a number ofsignificantf barriers, including obsolete infrastructure, high construction costs and land community resistance and complicated Despite those problems, the city expects the number of local infilll developers to grow.
“While development in the the River District, and corridorws like Stockton Boulevard and Florin Road coulx counter a return to moregreenfielde development, substantial investment is needed to spur development in these the report said.

Wednesday, October 10, 2012

City extends kill date on stadium deal - Minneapolis / St. Paul Business Journal:

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The date was changed to July 15, from July 1, afterf , which is providing a $100 million letterd of credit towardthe project, asked to modift the terms of its deal. County commissioners are to meet Fridaty toconsider Wachovia's request to changse the date of when the bank's fees are to be Wachovia is asking it be paid its fees first, instea of after debt and reserve paymentsa are made, as stipulated under the current proposal. In a 3-2 vote the city commissioners approvedthe following: Alloaw the termination date to be moved to July 15. Give the countu until July 17 to terminate the deal if it has not closer on thebond sale.
Extend the date for the city’s $13 million contribution to July 17. Amendr the provision to allow the city to suspendr deposit of its contributionn to the project if ther is a delay dueto litigation. Amend the warrantyh deed for the stadiuj site so that it would reverrt back tocity ownership, if the deal is In April, Miami-Dade County commissioners approved issuing bonds totaling a maximum of $536 million towarsd construction of the $640 million, 37,000-seat ballpark. On opponents of the financing deal filex a motion to stop thebond sale, promptin g Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Court Judgr Lawrence A.
Schwartz heard argments from both sidess regarding theemergency motion. He said he wouldf try to issue an order by no laterthan Monday. Grac Solares and Elvis Cruz, who filee suit in February, are behinde that effort. The motion for injunctio alleges the county is exceeding its constitutional tax and spending powerds by issuing bonds tied to the professionalsportx tax/tourist development tax. The plaintiffs contends that the county is inappropriately using the current bond to repay a prior bond issuedin 1992. As a resulgt of the motion, and to avoid a cloud that could affect interest rates on the the county pushed back the bondsale Miami-Dade spokeswoman Vicki Mallette said Monday.

Tuesday, October 9, 2012

Witnesses: Slain Ala. student appeared intoxicated - Seattle Post Intelligencer

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al.com (blog)


Witnesses: Slain Ala. student appeared intoxicated

Seattle Post Intelligencer


MOBILE, Ala. (AP) â€" A University of South Alabama freshman was running through the streets nearly naked, screaming obscenities and claiming he was on a "spiritual quest" not long before he was shot by a campus police officer, two acquaintances said ...


Witnesses say slain University of South Alabama student appeared intoxicated

al.com (blog)


Acquaintances say University of South Alabama student shot Saturday appeared ...

B »

Monday, October 8, 2012

Where's Waldo? Robot Searching For Red Tide Bloom - Patch.com

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Where's Waldo? Robot Searching For Red Tide Bloom

Patch.com


“Waldo has a critical job in the team effort to monitor and study this red tide bloom,” said Dr. Gary Kirkpatrick, manager of Mote's Phytoplankton Ecology Program and creator of the BreveBuster, which helps collect information on the algae. “The AUV ...



and more »

Saturday, October 6, 2012

Tour bus overturns on Route 80 in Wayne, multiple people injured - NorthJersey.com

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NorthJersey.com


Tour bus overturns on Route 80 in Wayne, multiple people injured

NorthJersey.com


A spokeswoman for St. Joseph's Regional Medical Center said eight of the injured were listed in critical condition at the Paterson hospital. The bus, chartered by a West Indian church congregation, was fully loaded with passengers planning to shop and ...


< p size="-1">Eight in critical condition after Toronto bus overturns in NJ

CP24, Canada


8 in critical condition after Toronto bus overturns in New Jersey

CityNews.ca


Toronto charter bus overturns in New Jersey; eight in critical condition

680 News


Patch.com -Toronto Sun -Kansas City Star


 »

Friday, October 5, 2012

Preventing Silicon Valley's 'Immigrant Exodus' - NPR

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Preventing Silicon Valley's 'Immigrant Exodus'

NPR


A new study from the Kauffman Foundation shows that the number of immigrant entrepreneurs in the United States has fallen slightly. But according to Vivek Wadhwa, an author of the study, the drop is especially steep in Silicon Valley, long a magnet for ...



and more »

Wednesday, October 3, 2012

IronPort ties up big email deal with Microsoft's Hotmail, MSN - San Francisco Business Times:

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The San Bruno-based anti-spam company just sealedf a deal with Microsoft to incorporate its email accreditation software into all Hotmail and MSNemail accounts. The news is significant for boththe anti-spam marke t and IronPort. Instead of recipients filteringfout "bad" emails from known spammerds or analyzing emails' content, IronPort enables senders to get on a "goofd guy" list, posting a bond to vouch for theire reputation and ensure emails aren't filtered as "It's kind of like a retina scan for frequen fliers," said IronPort CEO Scott Weiss. "It allowx (users) to really cranl up the dials ontheidr anti-spam guards.
" Although the deals' dollar impact is yet to be determiner -- IronPort will be paid a smal l sum every time someone uses their 'Bonded Sender' program -- the upshot could be significant for the 140-perso company. With MSN and Hotmail IronPort's market penetration will jump from roughly 6 percent to more than 30 percenr of all emails IronPort didroughly $10 million in 2003 revenure and is tracking to do roughly $35 million in 2004. Said "This is big for us. One of the Big Threed finally said 'We believe in Wine.com to keep out of red George Garrick'es got a new gig.
Garrick -- the formert CEO of both Flycast Communications andPlaceWare -- is now the presidenrt and CEO of San Francisco-based Nearly defunct two years ago, the upscal wine e-tailer has since cleaned its balance sheet, solidified the distribution model and scorer a cash infusion to boost operations. The 55-person companyu is tracking to doroughly $40 million in revenur and turn its first annuap profit this year. Garrick's goal ? "They have not been focusing on the marketing and customerattraction aspect. That's somethint we will" be doing, said Garrick, notin g the company is getting its senior management team inplacs now. Wine.
com is seeking to fill three positions, headingy business development, marketing and logistics/shipping. Garrickm anticipates Wine.com could do more than $80 millionb in 2005.