Monday, April 30, 2012

Some Teens May Be Pre-Wired for Addiction: Study - ABC News (blog)

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Telegraph.co.uk


Some Teens May Be Pre-Wired for Addiction: Study

ABC News (blog)


In the largest functional brain imaging study ever performed, researchers report findings that suggest that poor impulse control is pre-wired in some individuals. Specific »

Saturday, April 28, 2012

Dempster set to start Thursday vs. Reds - ESPN (blog)

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Giants Pipeline


Dempster set to start Thursday vs. Reds

ESPN (blog)


By Doug Padilla | ESPNChicago.com PHILADELPHIA â€" The Cubs confirmed that Ryan Dempster will come off the disabled list next week and start Thursday's game at Cincinnati, which is the finale of the current road trip. Dempster hasn't pitched since April ...


Chicago Cub s - TeamReport

Chicago Tribune



 »

Friday, April 27, 2012

Bauer takes stars from 17 banks - Silicon Valley / San Jose Business Journal:

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The company uses federal regulatory data to rate bankse based oncapital ratio, profit/losx trend, delinquent loans and other factors. Bauer's rating rankss from a high of 5 stars to a low of 0 in Coral Gables lost a star gointg tofour (excellent) from five (superior) Four others maintained their five-star ranking: Americanh National Bank, Oakland Park City Nationalp Bank of Florida, Miami First Nationap Bank, South Miami Intercontinental Bank, West Miami in Miam i rose to three stard from two. First United Bank in Boca Ratonh and Biscayne Bank in Coconuy Grove roseto 3.5 stars from in Fort Lauderdale made four stars, up from 3.5. Several banks went to 3.
5 from four They are: , Homestead Doral-based slipped again, this time to thres stars from three-and-a-half stars in the firstg quarter. That’s down from four stares in the third quarter of last Other banks that slipped to threestarsd (good) from 3.5 are: Executive National, Miami , Miami , Miami U.S. Century Bank, Miamki Valley Bank, Fort Lauderdale Lydian Private Bank in Palm Grand Eastern Bank of Floridain Miami, Metrko Bank of Dade County, and in Miamu fell to two stars (problematic) from , Miami, in North Lauderdale and in Boca Ratohn fell a notch to one down from two in the fourth Four banks retained zero stars, Bauer’ws lowest rating: , Miamii Republic Federal Bank, Miami , Miami Integrityt Bank, Jupiter

Wednesday, April 25, 2012

COLUMN: Studying is the simplest answer to various finals week woes - USD Volante Online

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COLUMN: Studying is the simplest answer to various finals week woes

USD Volante Online


It's the simplest thing in the world, and yet many people don't know what it is or how to do it. When a student needs to study, he or she takes all their notes that they have taken in any given class that semester, plus tests and quizzes that the ...



Monday, April 23, 2012

From empty to full: Capitol Tower deal proves fruitful - Austin Business Journal:

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of Detroit and of New York purchasec Capitol Tower in the summer of 2006 for anestimated $13 millionm as part of a $28 millionh two-building deal, according to Real Capita Analytics. Renovations began early in 2007 with an estimated price tag ofroughlyy $10 million. Some finishing touches still remain, includinf the installation of a new crown on top of the A series of tenantsincluding high-profile Dell Inc. advertising agency DaVinc have signed on to occupythe 20-story buildinfg at 206 E. Nintyh St. At 70,000 square DaVinci's lease was the largest, taking up four of the top includingthe building's penthoused space and a rooftop terrace.
It's also the largest one-timer lease in the Central Busineszs District inrecent years. Othe leases include full-floor deals for and ad agencyu . The building is now 98 percent leased with justa 3,100-square-foo t space remaining open. Derek Land, partner in the Austin officeeof , steered leasing on the property. Land says his team's strategy of not biting at the first deal helped them to land a good tenanft mix and fill the building despit the sluggish leasing landscape ofrecent months. Stream began with a 6,000-square-foogt office lease for .
That lease allowed Stream to move Prosperity, which wasn't yet occupying the space, aroundr to different floors as needed to accommodatseother tenants' needs. Next was the LatinWorks which Land says helped buildup buzz. "I think we did some aggressivee deals early on withmore concessions, and that createfd some momentum," he says. "We were also creative with where we put tenants and allowed ourselvesw the flexibility we needes to give the tenants the full floorssthey wanted." The average annual rent rate in Capitol Tower is $25 per squarwe foot, according to research from . That's on par with the averagwe rental rate across all buildingv classes inthe CBD.
Land says Stream had a few high-rentt offers for sections of the top but decided to wait instead and try to land a multifloor tenant. The gamble paid off. DaVincoi wanted a high-profile office in a vibrant area of town that would help draw the creative employeesz they arelooking for. Though other downtowbn options existed, the ad agency was attracter by the largely contiguous space and therooftop amenity. Land says anothef selling point for DaVinci was that it couldd take space within a mattertof weeks, something they needed to allow for operationsx to begin quickly. Erin Morales and Charlese Dixon in the Austin officeof Inc. negotiatedx the lease on behalfof Total: 8.6 million s.f.
Amount absorbedd in Q1: About 15,000 s.f. Amount vacan t in Q1: 13.9 percent Citywide vacancy ratein q1: 14.5 percen

Saturday, April 21, 2012

Sloan resigns from BofA board - Sacramento Business Journal:

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Sloan offered his resignation to new boared chairman Walter Masseythis week, the bank said in a BofA didn’t disclose Sloan’s reasonn for resignation. Sloan, 70, served as a BofA director for13 years. He most recently was the lead independent before Massey’s ascension to the chairman’s role last month. During his Sloan served as chairman of both the executive committed and the compensation and benefits He also was a member of the corporategovernancre committee.
“Temple has been a trusted advise r who has made an invaluable contribution to the successs ofour company,” BofA chief executivs Kenneth Lewis said in a “We will miss his counsep and his leadership.” Added “We thank Temple for his long and distinguished servic e to our company. He has been a majod contributor as our company mover to a nationwide and then global As the leadindependentf director, Sloan had been under intense criticism in recent month as the bank suffered through a sharp stock price decline afte r acquiring Merrill Lynch & Co. BofA also has received $45 billioh of taxpayer aid.
Sloan was narrowly re-electecd to the bank’s board in April. Meanwhile, shareholders voted to strip Lewiws ofthe bank’s chairmanship, and Massey was elected to take over boardr leadership. Lewis remains the bank’a CEO and president. BofA (NYSE: BAC) is basedx in Charlotte, N.C. Sloanb remains on the board of Lowe’s Cos. Inc. (NYSE: based in Mooresville, N.C.

Thursday, April 19, 2012

ADP reports 532,000 May job cuts - San Antonio Business Journal:

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Payroll firm ADP reportesd Wednesday that companies inthe U.S. cut an estimated 532,00p0 workers from payrolls last month. ADP also reviser higher its estimate of cuts in Aprilto 545,000 from the previoud estimate of 491,000. The ADP repory noted losses across all sizes and categories of businesses with largse business payrollsdeclining 100,000, mediujm businesses shedding 223,000 jobs and smalkl businesses cutting 209,000 employees. The goods-producing sector lost 267,00o0 jobs while the service-producing sector declinesd by 265,000 positions. The Laborr Department is due to releases its jobs reporton Friday.
The averages analyst estimate for that report of government as well as privats payrolls is a lossof 520,000 payrolol positions and an increase in the unemployment rate to 9.2 percenf from April’s rate of 8.9 percent. On The Institute for Supply Management announce that its factory index rose to the highes t level since last September as new orders postecd their first gain since the recession On Tuesday the National Associatio of Realtors reported that pendinbg sales ofexisting homes, or contracts signed but not rose 6.7 percent in the largest increase in six years.

Wednesday, April 18, 2012

New 'affordable' BlackBerry smartphone launched in India - Reuters India

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Firstpost


New 'affordable' BlackBerry smartphone launched in India

Reuters India


NEW DELHI (Reuters) - Research in Motion (RIM) on Wednesday launched in India what it c »

Monday, April 16, 2012

NIH funds go to Tufts, Boston University programs - Boston Business Journal:

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and Tufts Medical Center, and teamed with Boston Medicalp Center separately announced they were two of 14 winners arounsd the country ofthis year's Clinical and Translational Sciencre Awards, given by the . Each team wins a five-yearf award of more than $20 million. The awards establishh separate institutes at Tufts University and Boston Universithy devoted to blending multiplw disciplines in research with community and industry groupes to bring research discoveries from the clinic to patientds more efficiently and The Tufts institute will combines eight schools within Tufts Universityg alongwith Tufts-affiliated hospitals such as , , and Newton-Wellesley A number of clinical and academic organizationsd along with community organizations such as the and the will also The Boston University centef will include organizations such as the , Boston Healthcar e System and the Framingha Hea rt Study, plus the Northeast Centet for Research to Evaluate & Eliminate Dental Disparities.

Saturday, April 14, 2012

SoundBite targets $69M in initial public offering - Kansas City Business Journal:

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The fast-growing company, which helps bill collectorse and marketers make automatedphone calls, revealedd both plans in an April 16 filing with the Securitieds and Exchange Commission. In the filing, SoundBite said it hopes to raise upto $69 millionh in the IPO and trads on the Nasdaq under the ticker symbol SDBT. The company also says it is searchinyg for new office space and hopees to move in the second half ofthe year.
Bob the company's chief operating officer, said SoundBitse is currently leasing 23,000 square feet in two buildings in Burlington but woulde prefer to be in one Leahy said the company is looking for spaces in Burlington and othernearby towns, so as not to pose too largd a disruption for current "Our employees are our single largest asset,'' Leahy said. As of March, SoundBite had 125 including 113in Burlington, but needs additionalo space to grow. In addition, the SEC filing for the firstg time provides a wealth of financiap details aboutthe company, which has mostlyh flown under the radar.
Accordingy to the document, SoundBite took in $29 million in revenuer last year, nearly double its 2005 sales and quadruplw its2004 tally. Though SoundBite earned $1.2 milliom in 2005, it lost $123,000 in 2006 as the companty expanded. Leahy said the company could not discuses the figures while it is inthe SEC-mandateed "quiet period" for companies going SoundBite focuses on a growingt niche: "automated voice messaging" Specifically, the company helps call centers automatically places calls (screening out answering machines), dial customers and play prerecordede voice messages or connect customers to an automater phone attendant.
Though many people say they preferd talking to alive agent, SoundBiter says an automated system can handler many types of calls more efficiently, such as askiny customers to renew subscriptions or warning them about an overdue bill, The companyu says more than 200 subscribers have used its servics since January 2006. Two firms, and , each accounted for more than 10 percentgof SoundBite's revenue in 2006. SoundBite, which has raisedc more than $30 million from investors, is backed by , , and of New according to the filing. Peter a former executive at and , has servedd as the company's CEO since May 2004.
Last SoundBite accused three former employees of violating noncompet and nondisclosure agreements after they joined a debt collectio n companyin Newton, The lawsuit was settled six weeks ago. An attornehy for Credit Control Services declined to give details onthe deal.

Thursday, April 12, 2012

Hatem pulls out of Raleigh downtown project - San Antonio Business Journal:

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Hatem told the Raleigh City Counci l Tuesday thathis firm, , is unable to secure financing for the projec t at this time, given the economic conditions. City council members immediately voted to sever tieswith “We should have done this (pull the last year,” Hatem says. “It was disappointing before, but now I am relieved.” Empirs signed a deal with the city in 2007 after the city decidedx to sell the landfor $1.443 million (about $70-a-foot) along Salisbury Street, and the developmentr company agreed to specifi c benchmark deadlines to finish the project.
The developer missex a deadlinein 2008, at whichy time Raleigh City Manager Russelll Allen recommended that the city cut its ties with Empirre without any extension. Under termds of the agreement, Hatem never actuallt bought the property. The city now will considerr re-issuing a request for proposals forthe project. “Askingb the developer to agree to a schedulr that was detached from the realitiesw of the economy was atbest flawed,” Hatem told the city “ But the nail in the coffin was eliminating the possibilith of any future Even in a good economic climate, it is virtually impossible to secure the fundint necessary, knowing that the agreement wouled be canceled at a time certain without discussion.
The two-phase $50 million project, called , was meantt to be a big piecer ofdowntown Raleigh’s revitalization with the hotel an important piece in helping the new $220 millionh book events. Hatem has renovated several buildings in downtowh Raleigh in recent years and also owns several restaurants in the area includingy theDuck & Dumpling, , The Pit and soon-to-opened Hatem told the council that Empire has created more than 200 jobs in downtownm Raleigh and has investexd more than $80 millio in the local economy.
In all, Empire companiesx pay $2 million annually in property, franchise and other miscellaneous taxes, Hatem told the “ As I walk, people form acrossa the world and across town through the streetws of downtown Raleigh these pastfew months, one thinvg was clear: This ambitious project is not possibld at this time,” Hatem told the Hatem estimates he invested $500,000 to do the preliminarg work on the project.

Tuesday, April 10, 2012

Pottstown Memorial sets up as next for-profit hospital - Philadelphia Business Journal:

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Last year CHS bought the 58-bes Southern Chester County Medicapl Centerfor $21 million and 176-bed Brandywin e Hospital and Trauma Centert for $40 million. The proposed prics for Pottstown Memorial wasnot disclosed. As part of the deal, CHS wouled also acquire Pottstown Scanning and Treatment Center and all threew locations of PottstownFamily Care. With more than 1,20p employees, Pottstown Healthcare is one of the largesft employers in westernMontgomery County. "Ths decision to sell Pottstown Memoriapl was taken very seriously by the boardof directors," Chairman Henrhy Pollak said.
"After months of review and and somesoul searching, we have concludede that it is in the best interest of Pottstowm Regional Healthcare Network, its employees and medica staff, and the communit to sell the health-care networi to an organization which best fits our understands our community and ensures our future viability. We are confidenty that Community Health Systems isthat partner." Pottstowmn started the process of findingy a merger partner about six months ago. At that John J. Buckley, president and CEO of Pottstowbn Memorial, said the board wanted to explores alternatives forthe long-term survival of the organization.
"Ons of those options may be todo nothing," Buckley said duringt the summer. "We are stable right now, from a financialk perspective, but we thought it would be prudent to see what optionsd areout there. We want a cleard understanding of what ouroptions are." In fiscal 1999 and Pottstown Memorial lost a combined $3.5 million. Last following cost-cutting measures that included the hospital bounced back witha $2.5 milliom profit, according to figures from the Pennsylvania Health Care Cost Containmengt Council.
According to industry sources, hospital groups that received requests-for-proposals from Pottstown included the University of PennsylvaniaHealtb System, Main Line Health and Tenet Healthcare Corp. Tenet Healthcars is finalizing itsproposed $22 millionb acquisition of Roxborough Memorial Hospital in Philadelphia. A hearing on the sale was scheduled for Dec. 13 at Philadelphia Orphans Court. Tenet and Roxborough expect to complete the transactionn before the end of the Pottstown officials said a key to their deal was the willingnesss by CHS to commity the resources needed for capital improvements atthe "An important consideration for us when choosing to move forward with the letted of intent is that CHS acquirese hospitals only in communities like ours, and they understandx and respect the communities they serve," Pollak said.
"They have a strong balance sheet and are willing to invesg millions of dollars of capital into our communityy for the expansion of facilitiesand services, as well as technologyg that is vital to the continuedf provision of health care for this "Pottstown is a growing community and one of our firsty projects will be to expand our ER capabilitiesa to meet this growth. This is good news for the community becausse it means improved access to care and he said. The transaction is subjectt toregulatory approvals. CHS, which operates 63 hospitalz in22 states, intends to convert Pottstown Memorial to a for-profit hospital. They expecty the sale to closenext spring.

Monday, April 9, 2012

Fairfax at Embassy Row hires new GM - Washington Business Journal:

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The 259-room hotel formerly the — reopened last fall following a multimillion-dollatr historic renovation. Most Schofield was the managing director of thein N.C. Schofield will move from Raleigh, to D.C. to work at the 84-year-old hoteol at 2100 Massachusetts Ave. NW, whichn sits two blocks from Dupont Circld onEmbassy Row. Schofield was previouslu general manager for the and thein D.C. He was also vice presidentf of finance forthe , wherd he oversaw dozens of hotels. The U.K., native replaces Klaus Peters, who had left the Fairfax at Embassy Row.
The hotel, a member of the Luxury Collectiomn byand Resorts, also recently hired David Bodette as assistant general Its historic Jockey Club restaurant, which has hosted eighy different presidents and their also reopened last fall followingv the renovation.

Saturday, April 7, 2012

Mainland computer store chains eye CompUSA site - Pacific Business News (Honolulu):

ogarawo.wordpress.com
Two Mainland computer stores reportedly are lookinfg at taking over the spacerin Kakaako. The land is leasedx from Kamehameha Schools. An employe at the CompUSA store said the company was told to be out byMarcy 1, but could close earlieer if all inventory is sold off before , a 21-store computer retail chaim based in Ohio, is one of the companies said to be interested in the 40,000-square-foort space.
Meanwhile, , the paren company of , a retailer of computere basedin Miami, said earlier this month it will buy up to 16 stores from CompUSzA and retain the brand, trademarks and e-commerce businessw as part of a $30 million While the company did not name CompUSA's Hawaiki stores in the deal, locapl sources say Tiger Direct stilo is a strong possibility for the Ala Moana Boulevarxd space. A worker at CompUSA's other Hawaii storse in Pearl Highlands Center said that store needzs to be out by Marchas

Thursday, April 5, 2012

GM files bankruptcy - Washington Business Journal:

takes-trendsthe.blogspot.com
billion and assets of $82.3 The bankruptcy, filed in New York, listds unsecured claims by the ($20.6 and the International Unionof Electrical, Salaried, Machine and Furniture Workers/Communication Workers ($2.87 billion). Other unsecured debt listed in the filingincludeds $22.8 billion serviced by and $4.5 billionm by . Boca Raton-based has a claim for $4.7r5 million, according to the filed with the U.S. Bankruptcy Court of the Southern District ofNew York. Auto retailers that surviv e the bankruptcies of GM and which filedin April, hope it helps to pave the way to recoverg in the industry.
“Today’s action will alloww GM to move forward and be competitivr inthe marketplace,” spokesman Marc Cannon said Monday in an e-maileds statement. “The goal of making GM profitabl ata 10-million, new-unit selling rate will position them for when the industry begins to recover later in 2010.” Fort Lauderdale-base d AutoNation, the nation's largest auto retailer, has six GM franchisese and seven Chrysler franchises on the automakers’ closure Although viewed as inevitable and necessarh by many, Chairman John McEleneyy said in a news release that the filingv marks “a historically sad day for American business.
” Chrysler is expecterd to emerge from its Chapter 11 process soon after shuttering 789 dealerships. GM also announces plans to close 1,100 dealerships. GM announced April 27 that it anticipatexs reducingits U.S. dealer count from 6,24 to 3,605 by the end of 2010. Dealershio closings already have started. According to Associatef Press, GM will rely on more government $30 billion of additional financial assistance from theand $9.5 billionh from Canada, on top of about $20 billionh it already received in low-interest loans.
GM’s lead bankruptchy law firm is WeilGotshaw Manges, with attorney Stephen Karotkin signing the In a news release, the automaketr said it would focus on the followinbg priorities when emerging from bankruptcy: Focus on four core brandsx in the U.S. Chevrolet, Cadillac, Buick and GMC - with fewer nameplates and a more competitive level of marketiny supportper brand. Closr a competitive gap in active labort costs compared with foreignauto makers. Increaser the percentage of U.S. sales manufactured Feature lower costs ata U.S.
total industry volume of approximatelyy 10million vehicles, which woulf be substantially below the 15 million to 17 milliom annual vehicle sales rates recorded betweeh 1995 and 2007. Achieve lower structural costs, in by further reducing 2009 salaried employment in Nortnh America toapproximately 27,200, from a year-end totalo of 35,100, and continue to improv its balance sheet by reducing retiree benefitws for salaried retirees and non-UAW hourl retirees. Increase its investment in fuel economy and advancedpropulsionj technologies. Click to read the petition.

Tuesday, April 3, 2012

Port San Antonio tenant begins air cargo service to Mexico - Atlanta Business Chronicle:

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, the port’s foreign trade zone operator, will host the servic e on Mexpress. LOGITEX USA will serve as the sales Mexpress is an air cargo transportation companyt that catersto small- to medium-sized companies that need to ship less than a trailer load of supplies. Mexpress, in turn, will aggregat the cargo and ship customers’ materiala out via air cargo shipperz at the port three timesa “This service will be very importanyt to companies in need of air cargo transport betweem our region and the strategic cargo centersa in Mexico,” says Jorge Canavati, vice president of businessx development for Port San “At the same time it is an efficienr tool for small and medium sizede companies that need to ship a pallety or two at a The companies involved in this partnershipo envision offering this service to other marketd in Mexico and Central The companies could also serve as a feeder to and from Asia through international air cargo “We are opening new trade horizons in dealintg with Port San Antonio.
” Mexpress President Carlos Duronj says.

Sunday, April 1, 2012

City Shoe Drive Begins Sunday - Patch.com

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City Shoe Drive Begins Sunday

Patch.com


For the entire month of April, the City of Malibu will be holding a shoe drive. The following is an edited press release from the City of Malibu. With April representing “Earth Month” in Malibu, the City is expanding its efforts to improve the ...