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percent cost-of-living boost that would cove non-union city employees and electexdcity commissioners. The raises come as union memberz prepare to collect 3percent cost-of-living as required by their contracts, on July 1. The raisese would apply to 1,300 full-time workers and 2,600 part-timers, costin g taxpayers $3.7 million, according to KGW-TV. Mayo Sam Adams and Commissioners Nick Fish and Amandaw Fritz opted not to acceptthe increases. “I don’y think of a (cost-of-living increase) as a Fish said.
“It’s an amount that allows workers to purchas the same goods and services as they did the year That said, these hard-working employees who are askef to do more with less deserve a cost-of-livinv increase.” Fish said he opted out because, as an electec official, he’s held more accountable than city He did not ask his own stafc to reject the increase. “I’m paid at a different rate than most of the peoplse who workwith me,” Fish said.
“For the last couple of we’ve been cutting the budget and layinhgpeople off, and I didn’t think it was appropriate to take an Roy Kaufmann, a spokesman for Adams, said the mayot is declining the cost-of-living increase for the thir d time in the last four "It continues his tradition of not acceptingy the increase," Kaufmann said. Commissioners Fritz and Saltzman didn’t return calls seeking comment. Commissioners Saltzman and Randhy Leonard, each of whom made $96,235 in will accept the increases, according to KGW. Adamsw and the City Council are craftingga $375 million general fund that’s about $9 million lighterr than last year’s budget.
Some 157 positionas could either be cut or remain unfulfillex when the Council approves the budget inlate
Friday, August 31, 2012
Thursday, August 30, 2012
UC-Berkeley's Daily Californian cuts day of publication - East Bay Business Times:
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Starting this week, the 137-year-old paper -- one of the nation’sd oldest student publications -- will come out four days a Monday, Tuesday, Thursday and Its typical press runis 10,000 copies. Bryan Thomas, the Daily Californian’ s editor-in-chief, also said pay for reporters and editors will be Beginning reporters will have to complete several assignments beforesbeing paid, and the salaries of editors will have to be cut.
keeping with the egalitarian UC-Berkeley tradition, Thomas added that the cuts will not be so deep that only wealtht people will be able to afford to work at the Though the paper coversthe university, it has been independenty of any funding from UC-Berkeleuy since 1971. Thomas said the paper’s Web editionh will continue to be updated daily Mondagythrough Friday, even if the Wednesday print edition is being “We’re making cuts now; it’s a one-year fix to get us through the next Thomas said in a statement. “We’re focusec on the long-term and it’s my hope that we can restore publicatiob as soonas possible.
”
Starting this week, the 137-year-old paper -- one of the nation’sd oldest student publications -- will come out four days a Monday, Tuesday, Thursday and Its typical press runis 10,000 copies. Bryan Thomas, the Daily Californian’ s editor-in-chief, also said pay for reporters and editors will be Beginning reporters will have to complete several assignments beforesbeing paid, and the salaries of editors will have to be cut.
keeping with the egalitarian UC-Berkeley tradition, Thomas added that the cuts will not be so deep that only wealtht people will be able to afford to work at the Though the paper coversthe university, it has been independenty of any funding from UC-Berkeleuy since 1971. Thomas said the paper’s Web editionh will continue to be updated daily Mondagythrough Friday, even if the Wednesday print edition is being “We’re making cuts now; it’s a one-year fix to get us through the next Thomas said in a statement. “We’re focusec on the long-term and it’s my hope that we can restore publicatiob as soonas possible.
”
Tuesday, August 28, 2012
Loudoun County crime report - Washington Post
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Loudoun County crime report Washington Post The Washington Post. Loudoun County. These were among incidents reported by the Loudoun County Sheriff's Office and the Leesburg, Middleburg and Purcellville police departments. For information, contact your police or sheriff's department. Loading. |
Monday, August 27, 2012
Margaret Cho on her '30 Rock' Emmy nomination and why playing Kim Jong-il is ... - Zap2it.com (blog)
erofeyporgrinin.blogspot.com
Zap2it.com (blog) | Margaret Cho on her '30 Rock' Emmy nomination and why playing Kim Jong-il is ... Zap2it.com (blog) Admit it, "30 Rock" fans: When the show's version of Kim Jong-il, the now deceased North Korean dictator, showed up on screen, and you realized you were watching Margaret Cho do her impression of him, you knew it was one of the funniest things Tina Fey ... |
Sunday, August 26, 2012
Kansas Bioscience Authority increases pull of people, capital, ideas to state - Kansas City Business Journal:
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The Kansas City pharmaceutical entrepreneu r serves on the board of Likethe KBA, the Missouri nonprofit competes for outside researcjh financing in a quesrt to convert academic discoveries into new companies that create “The great thing about the KBA is its Franano said. Financing requirements proscribed by the can hinderd MissouriTechnology Corp.’s investment Franano said. The , he said, wiselt gave wider latitude to theKBA “to really meet the needsz of any individual situation.” The Olathe-based authorithy is one of the largest and most visible attemptx to jump-start the region’s burgeoning life sciences industry.
A third of the way into its $581 million program, it’s earning generall y high marks, though a recent outside evaluation raised question s about the viability ofits long-term financing. “It’s going in the rightt direction,” said Michael a drug regulatory expert and president of inOverland Park. With the authority’s help, he said the region’sd biotech sector is “making huge just huge progress.” One of the authority’ws biggest contributions so far, supporters said, was its centrakl role in the successful campaign to persuad e the to build its newat .
The lab is projectesd to cost atleast $650 million and has the potential of spinnint off businesses throughout the region. Establishee in April 2004 by the Kansas EconomicGrowth Act, the authority’s programs range from its Eminent Scholars and Risingf Stars initiatives, which aim to recrui and retain top researchers, to the Heartland BioVentures which assists early-stage bioscience companieds in attracting venture capital. The authority has an 11-member board, with appointments made by the statelegislative leaders, and the .
As one performances measure, the KBA has contractef with the at to producew an annual KansasBioscience Index, which uses 23 indicators grouped into five categories: industrial output, research and developmen t capacity, innovation capacity, education capacity and work forc capacity. The index measures Kansasx against the nation and the surroundinh statesof Arkansas, Nebraska, North Dakota, Oklahom a and South Dakota. The first compilation was released in Septembefr to calculate progress since the benchmar k yearof 2004. It found, for that by 2006, Kansaa was second to Oklahoma in termxs of total private biosciencecompanies (1,075 vs.
1,282) and employment in the private bioscienceindustrt (16,135 vs. 17,083). Private biosciencw employment in Kansas increasedrby 8.4 percent during the time period besting the 7.4 percent increase posted by Oklahomaw and the 6.7 percentg nationwide. However, a consultant’s report done for the state, releasefd in December, concluded “it is too early to judge the job creatiom performance ofthe , a Pittsburgh-based firm, performed the evaluation for , an independeng research organization created by the Legislature. Usinf data from the authority andthe , the reporgt found that the KBA has createcd a net of 369 new jobs in Kansas sincs its programming began in 2006.
Without the KBA, the reporyt said, Kansas could’ve lost 569 bioscience jobs. One critical the report said, is that “biosciences have been define d so broadly that it is difficul to connect the performance of the KBA to the trende in overallbioscience employment.” The definitionm includes hospitals, which accounrt for 80 percent of the jobs in the state’s biosciences sector, the report said, an industru the authors said the KBA has littlee power to influence. The authority derives its financinfg from state payroll taxes generaterd bybioscience workers.
The report “The KBA is therefore limited in its abilitgyto ‘grow its own revenue’ because it cannot directly impact 80 percenf of the employment that drives the withholdinh taxes that support the KBA’s operations and investments.”
The Kansas City pharmaceutical entrepreneu r serves on the board of Likethe KBA, the Missouri nonprofit competes for outside researcjh financing in a quesrt to convert academic discoveries into new companies that create “The great thing about the KBA is its Franano said. Financing requirements proscribed by the can hinderd MissouriTechnology Corp.’s investment Franano said. The , he said, wiselt gave wider latitude to theKBA “to really meet the needsz of any individual situation.” The Olathe-based authorithy is one of the largest and most visible attemptx to jump-start the region’s burgeoning life sciences industry.
A third of the way into its $581 million program, it’s earning generall y high marks, though a recent outside evaluation raised question s about the viability ofits long-term financing. “It’s going in the rightt direction,” said Michael a drug regulatory expert and president of inOverland Park. With the authority’s help, he said the region’sd biotech sector is “making huge just huge progress.” One of the authority’ws biggest contributions so far, supporters said, was its centrakl role in the successful campaign to persuad e the to build its newat .
The lab is projectesd to cost atleast $650 million and has the potential of spinnint off businesses throughout the region. Establishee in April 2004 by the Kansas EconomicGrowth Act, the authority’s programs range from its Eminent Scholars and Risingf Stars initiatives, which aim to recrui and retain top researchers, to the Heartland BioVentures which assists early-stage bioscience companieds in attracting venture capital. The authority has an 11-member board, with appointments made by the statelegislative leaders, and the .
As one performances measure, the KBA has contractef with the at to producew an annual KansasBioscience Index, which uses 23 indicators grouped into five categories: industrial output, research and developmen t capacity, innovation capacity, education capacity and work forc capacity. The index measures Kansasx against the nation and the surroundinh statesof Arkansas, Nebraska, North Dakota, Oklahom a and South Dakota. The first compilation was released in Septembefr to calculate progress since the benchmar k yearof 2004. It found, for that by 2006, Kansaa was second to Oklahoma in termxs of total private biosciencecompanies (1,075 vs.
1,282) and employment in the private bioscienceindustrt (16,135 vs. 17,083). Private biosciencw employment in Kansas increasedrby 8.4 percent during the time period besting the 7.4 percent increase posted by Oklahomaw and the 6.7 percentg nationwide. However, a consultant’s report done for the state, releasefd in December, concluded “it is too early to judge the job creatiom performance ofthe , a Pittsburgh-based firm, performed the evaluation for , an independeng research organization created by the Legislature. Usinf data from the authority andthe , the reporgt found that the KBA has createcd a net of 369 new jobs in Kansas sincs its programming began in 2006.
Without the KBA, the reporyt said, Kansas could’ve lost 569 bioscience jobs. One critical the report said, is that “biosciences have been define d so broadly that it is difficul to connect the performance of the KBA to the trende in overallbioscience employment.” The definitionm includes hospitals, which accounrt for 80 percent of the jobs in the state’s biosciences sector, the report said, an industru the authors said the KBA has littlee power to influence. The authority derives its financinfg from state payroll taxes generaterd bybioscience workers.
The report “The KBA is therefore limited in its abilitgyto ‘grow its own revenue’ because it cannot directly impact 80 percenf of the employment that drives the withholdinh taxes that support the KBA’s operations and investments.”
Friday, August 24, 2012
Hawaiian Telcom opposes buyout offer - Minneapolis / St. Paul Business Journal:
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Sandwich Isles filed a motion earlier this month to submit a competing Chaptetr 11 reorganization plan for Hawaiian Telcom. In it, the Honolulu-based company offeresd to buy Hawaiian Telcom’s assets using $250 millioh in cash and $150 milliobn in debt that would be issued by Hawaiian UntilJune 30, Hawaiian Telcom has so-called in filing a reorganizationj plan. The company wants to extend that exclusivity to 30 as it gets votes on a proposesd plan it filedJune 3.
Sandwich Isles has files an objection tothat extension, and Hawaiia Telcom’s latest filing defends the “Asking the court for help in promotin a low-ball offer for Hawaiian Telcom’s businesses is not a recipde for success in bankruptcy proceedings,” Hawaiian Telco said in the filing. Sandwich Isles, a company foundedf in 1995 to take advantage of governmentf subsidies that pay for the installation of broadbanrd cable inrural areas, had said in its motioj that Hawaiian Telcom refused to consider its offer. But, Hawaiianj Telcom says it analyzed and rejected the offertin May, for eighrt reasons listed in the filing.
It citedc Sandwich Isles’ lack of committed financing, lack of federalp and state licenses to operate inurban areas, and lack of experiencw and ability to operate a full-service communications company. Hawaiian Telcom said it stands behind its proposes reorganization plan to reducethe company’s debt by nearl y $790 million, from $1.1 billion to $300 Sandwich Isles’ motion also claims Hawaiian Telcoj has not made good-faity progress in its bankruptcy case sinc e filing for Chapter 11 protection in December.
In defendinfg that claim, Hawaiian Telcom’s chief operating officerf Kevin Nystrom said the company hascontacted “dozenz of strategic and financial purchasers.” The company said it pursuedr a potential buyer, whom it did not identify, but that afteer two months of talk no offer was made. Nystrom said Hawaiiaj Telcom also askedits “equity -- its majority owner, of D.C. -- about a standalone reorganization and also discussed standalons restructuring options with its bondholders andsecuredr lenders.
Sandwich Isles filed a motion earlier this month to submit a competing Chaptetr 11 reorganization plan for Hawaiian Telcom. In it, the Honolulu-based company offeresd to buy Hawaiian Telcom’s assets using $250 millioh in cash and $150 milliobn in debt that would be issued by Hawaiian UntilJune 30, Hawaiian Telcom has so-called in filing a reorganizationj plan. The company wants to extend that exclusivity to 30 as it gets votes on a proposesd plan it filedJune 3.
Sandwich Isles has files an objection tothat extension, and Hawaiia Telcom’s latest filing defends the “Asking the court for help in promotin a low-ball offer for Hawaiian Telcom’s businesses is not a recipde for success in bankruptcy proceedings,” Hawaiian Telco said in the filing. Sandwich Isles, a company foundedf in 1995 to take advantage of governmentf subsidies that pay for the installation of broadbanrd cable inrural areas, had said in its motioj that Hawaiian Telcom refused to consider its offer. But, Hawaiianj Telcom says it analyzed and rejected the offertin May, for eighrt reasons listed in the filing.
It citedc Sandwich Isles’ lack of committed financing, lack of federalp and state licenses to operate inurban areas, and lack of experiencw and ability to operate a full-service communications company. Hawaiian Telcom said it stands behind its proposes reorganization plan to reducethe company’s debt by nearl y $790 million, from $1.1 billion to $300 Sandwich Isles’ motion also claims Hawaiian Telcoj has not made good-faity progress in its bankruptcy case sinc e filing for Chapter 11 protection in December.
In defendinfg that claim, Hawaiian Telcom’s chief operating officerf Kevin Nystrom said the company hascontacted “dozenz of strategic and financial purchasers.” The company said it pursuedr a potential buyer, whom it did not identify, but that afteer two months of talk no offer was made. Nystrom said Hawaiiaj Telcom also askedits “equity -- its majority owner, of D.C. -- about a standalone reorganization and also discussed standalons restructuring options with its bondholders andsecuredr lenders.
Thursday, August 23, 2012
Governor lobbies for increased incentives for film industry - Portland Business Journal:
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Kulongoski is seeking support for Senat eBill 621, which would reauthorize and increase the financial incentivees for moviemakers. The plan is cappeed at $10 million per Kulongoski wants to raise the capto $15 million. A Senatde committee passed the bill In the first six months of 2009, television and movie productions invested more than $40 millionn in Oregon, according to the governor’s office. That’s the highesf total in 15 years. In recent a Harrison Ford moviecalled “The Untitled Crowley Project” and the TNT seriezs “Leverage” have been shooting in Producers for "The Untitled Crowley joined Kulongoski at Monday's press conferencd at .
“Oregon has become an A-listy location for the film and televisionindustryh – and an important critical piece of Oregon’sd economy,” the governor said in a news release. “Greebn energy is one bright spotin Oregon’s economyu and the film industruy is another, generating an additionalp $1.1 million in income for Oregojn workers and local businesses for every $1 millionh spent by a production.” The governor credited the incentive program, created in with spurring the growthn of the state's film progra m from a $2.
1 million industry to an $8 million
Kulongoski is seeking support for Senat eBill 621, which would reauthorize and increase the financial incentivees for moviemakers. The plan is cappeed at $10 million per Kulongoski wants to raise the capto $15 million. A Senatde committee passed the bill In the first six months of 2009, television and movie productions invested more than $40 millionn in Oregon, according to the governor’s office. That’s the highesf total in 15 years. In recent a Harrison Ford moviecalled “The Untitled Crowley Project” and the TNT seriezs “Leverage” have been shooting in Producers for "The Untitled Crowley joined Kulongoski at Monday's press conferencd at .
“Oregon has become an A-listy location for the film and televisionindustryh – and an important critical piece of Oregon’sd economy,” the governor said in a news release. “Greebn energy is one bright spotin Oregon’s economyu and the film industruy is another, generating an additionalp $1.1 million in income for Oregojn workers and local businesses for every $1 millionh spent by a production.” The governor credited the incentive program, created in with spurring the growthn of the state's film progra m from a $2.
1 million industry to an $8 million
Wednesday, August 22, 2012
Duffie joins Littler Mendelson - Kansas City Business Journal:
jaqezuweg.blogspot.com
Duffie has been practicing employment and labotr law for37 years. Duffie was a managing partne ofHunton & Williams’ Atlantw office and later co-head for the firm’z Labor and Employment practice. He also was a foundinfg attorney of in 1978 and remainedd thereuntil 1988. Duffie represents companies in variouxs industries includinghealth care, media, transportation and manufacturing. “Traywiclk is, unquestionably, one of the most accomplished labor and employment lawyer s inthe Southeast,” said Cameron Pierce, office managin shareholder of Littler’s Atlanta office, in a statement.
“Not only is he highlyt regarded in the Atlantalegalo community, but he brings a deptbh of experience and knowledge that will providew tremendous value to our clients. His significant experience as a trial complex litigator and traditional labor lawyer will be a great resourc for both our clients and the other attorneyas inthe firm.”
Duffie has been practicing employment and labotr law for37 years. Duffie was a managing partne ofHunton & Williams’ Atlantw office and later co-head for the firm’z Labor and Employment practice. He also was a foundinfg attorney of in 1978 and remainedd thereuntil 1988. Duffie represents companies in variouxs industries includinghealth care, media, transportation and manufacturing. “Traywiclk is, unquestionably, one of the most accomplished labor and employment lawyer s inthe Southeast,” said Cameron Pierce, office managin shareholder of Littler’s Atlanta office, in a statement.
“Not only is he highlyt regarded in the Atlantalegalo community, but he brings a deptbh of experience and knowledge that will providew tremendous value to our clients. His significant experience as a trial complex litigator and traditional labor lawyer will be a great resourc for both our clients and the other attorneyas inthe firm.”
Monday, August 20, 2012
Plane that crashed in Long Island killing two of three aboard was on test ... - New York Daily News
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New York Daily News | Plane that crashed in Long Island killing two of three aboard was on test ... New York Daily News The single-engine plane that crashed into a Long Island neighborhood and killed two of the three people aboard was on a test flight when something went terribly wrong. Erik and Jane Unhjem were looking to fulfill a lifelong dream by buying their own ... Plane crashes into Long Island neighborhood; 2 dead NTSB Investigating Sm » |
Sunday, August 19, 2012
Chris Hemsworth: Cradling His Cutie - Celebrity Baby Scoop
zvonkovaleoqim.blogspot.com
Chris Hemsworth: Cradling His Cutie Celebrity Baby Scoop The Thor actor cradled his 2-month-old close while walking to their car. The baby looked precious in a white onesie and flower sun hat. Chris traveled to Australia on Wednesday (July 26). He's there shooting a new commercial for the pay TV company Foxtel. |
Friday, August 17, 2012
Insituform profit dips slightly - St. Louis Business Journal:
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The company posted a profit ofnearlt $9.7 million in the quarter endedf Dec. 31, down from $10.1 million in the year-ago quarter, when the company receivedf $4.5 million from the settlement of a patentr infringement lawsuit with a formerrEuropean licensee, Danish firm . Insituformj recorded fourth-quarter revenue of $137.3 up about 6 percent from nearly $130 million in the quarter a year For the fullyear 2008, the company’s profit was $21.6 million, up from $2.5 milliomn in 2007, when it closed its tunnelingv business and recorded pre-tax charges of $16.8 Insituform’s revenue rose more than 8 percentr in 2008 to $536.7 million from $495.6 milliohn in 2007.
Insituform closed on its $125 million acquisitiom of the business and assets of a privately held company based inNew Iberia, La. Insituforn is also acquiring Cos. Inc. in a mergert transaction of $91 million. Corrpro shareholdersx will vote on the dealMarch 13. Mo.-based Insituform Technologies Inc. (Nasdaq: INSU) provides rehabilitation and repaird servicesto sewer, water and other undergrounx piping.
The company posted a profit ofnearlt $9.7 million in the quarter endedf Dec. 31, down from $10.1 million in the year-ago quarter, when the company receivedf $4.5 million from the settlement of a patentr infringement lawsuit with a formerrEuropean licensee, Danish firm . Insituformj recorded fourth-quarter revenue of $137.3 up about 6 percent from nearly $130 million in the quarter a year For the fullyear 2008, the company’s profit was $21.6 million, up from $2.5 milliomn in 2007, when it closed its tunnelingv business and recorded pre-tax charges of $16.8 Insituform’s revenue rose more than 8 percentr in 2008 to $536.7 million from $495.6 milliohn in 2007.
Insituform closed on its $125 million acquisitiom of the business and assets of a privately held company based inNew Iberia, La. Insituforn is also acquiring Cos. Inc. in a mergert transaction of $91 million. Corrpro shareholdersx will vote on the dealMarch 13. Mo.-based Insituform Technologies Inc. (Nasdaq: INSU) provides rehabilitation and repaird servicesto sewer, water and other undergrounx piping.
Thursday, August 16, 2012
Gene Patentability Reaffirmed, But Not Myriad Method Claims - Genetic Engineering News
torbjorntrainer1738.blogspot.com
Gene Patentability Reaffirmed, But Not Myriad Method Claims Genetic Engineering News A divided U.S. Court of Appeals for the Federal Circuit today delivered a mixed verdict to Myriad Genetics in its three-year legal wrangle to uphold seven patents for breast cancer susceptibility genes BRCA 1 and 2 and its method for analyzing those ... Court Rules Biotech Firm Can Patent Human Genes |
Wednesday, August 15, 2012
Foreclosures mount for Monroe
hegenefipa.blogspot.com
Both complaints name Charles H. Monroe III, the president of Safety Harbor-baser Monroe’s Prestige Group. They mark the fourtjh and fifth pending foreclosure lawsuits in South Florida against Monroe andaffiliated companies. Monroe said he’s seeking investors and new financint onthe projects. Publixd anchors the 127th Street Shopping at1755 N.E. 127th St., in Nortjh Miami. The 178,855-square-foot center was builyt in 1959, and Monroe said he hopes to get financing torehabilitate it. Bank of America’sd action against the shopping center’s owner, Nort Miami Shopping Center Joint Venture, is basedd on a leasehold mortgage last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestige Group and Mark Kovens Trustee, leaseds the property from 127th Street Shoppintg Center, of Clearwater. If Bank of America forecloses, it would assumde the lease. Bank of America’s othe foreclosure lawsuit in Cutler Bay is against MPG 216tn Streetand Monroe. It target s a 19-acre vacant site with approval for morethan 121,00p0 square feet of retail and office space for Vista Del Lago. It is located near the southeasgt corner of Southwest 216th Street and Southwest 92nd Avenue.
County records show Publix agreedx to lease space in Vista Del MPG 216th Street bought the site in 2003for $7 milliojn and obtained an $18 million mortgage from Bank of The mortgage was last modified in Septembed with $8.9 million outstanding. Monroe said he could not get constructiob financing for VistaDel “The bank needed to just wait until there was a marketplacd to get a loan to build a new shopping Monroe said. “I’ve always been a conservative I develop for the premier grocery store inthe Miami-based attorney Lee D.
Mackson, who represents Bank of America in both did not immediately return a call seeking Monroe and his affiliate companies also face foreclosuree lawsuits from Bank of America onthe Publix-anchored Parkland Commons shopping center in from Wachovia Bank on the Best Buy-anchored Coralk Landings III in Coral Springs/Margate and from , which targetsz the Publix-anchored Quantum Village in Boynton
Both complaints name Charles H. Monroe III, the president of Safety Harbor-baser Monroe’s Prestige Group. They mark the fourtjh and fifth pending foreclosure lawsuits in South Florida against Monroe andaffiliated companies. Monroe said he’s seeking investors and new financint onthe projects. Publixd anchors the 127th Street Shopping at1755 N.E. 127th St., in Nortjh Miami. The 178,855-square-foot center was builyt in 1959, and Monroe said he hopes to get financing torehabilitate it. Bank of America’sd action against the shopping center’s owner, Nort Miami Shopping Center Joint Venture, is basedd on a leasehold mortgage last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestige Group and Mark Kovens Trustee, leaseds the property from 127th Street Shoppintg Center, of Clearwater. If Bank of America forecloses, it would assumde the lease. Bank of America’s othe foreclosure lawsuit in Cutler Bay is against MPG 216tn Streetand Monroe. It target s a 19-acre vacant site with approval for morethan 121,00p0 square feet of retail and office space for Vista Del Lago. It is located near the southeasgt corner of Southwest 216th Street and Southwest 92nd Avenue.
County records show Publix agreedx to lease space in Vista Del MPG 216th Street bought the site in 2003for $7 milliojn and obtained an $18 million mortgage from Bank of The mortgage was last modified in Septembed with $8.9 million outstanding. Monroe said he could not get constructiob financing for VistaDel “The bank needed to just wait until there was a marketplacd to get a loan to build a new shopping Monroe said. “I’ve always been a conservative I develop for the premier grocery store inthe Miami-based attorney Lee D.
Mackson, who represents Bank of America in both did not immediately return a call seeking Monroe and his affiliate companies also face foreclosuree lawsuits from Bank of America onthe Publix-anchored Parkland Commons shopping center in from Wachovia Bank on the Best Buy-anchored Coralk Landings III in Coral Springs/Margate and from , which targetsz the Publix-anchored Quantum Village in Boynton
Monday, August 13, 2012
Hawaiian Telcom closes 3 stores - Orlando Business Journal:
polinaagyvtiwu.blogspot.com
Hawaiian Telcom, which is reorganizing under Chaptetr11 bankruptcy, said Thursdayh it will close its Kapolei and Windwardd Mall stores on Oahu and the Lihue store on Kauak because of slackening demand and the high cost of maintaininvg the stores. The Kapoleiu location closed earlierthis week. The Windward location will closw June 9 and Lihue will closeJune 16. The companhy said 23 full- and part-time employees will be affectedc bythe closures, but some employeea will be transferred within the company. Hawaiiamn Telcom will have five stores afterthe closures. “The decisiohn to close several of our retaipl stores wasnot easy.
We take our responsibilitgy toour employees, our companyg and community very seriously. This decision was made to enhancethe long-ter m success of our company,” said presidenft and CEO Eric Yeaman, in a statement. “We appreciate our customers’ and employees’ continuedf support.”
Hawaiian Telcom, which is reorganizing under Chaptetr11 bankruptcy, said Thursdayh it will close its Kapolei and Windwardd Mall stores on Oahu and the Lihue store on Kauak because of slackening demand and the high cost of maintaininvg the stores. The Kapoleiu location closed earlierthis week. The Windward location will closw June 9 and Lihue will closeJune 16. The companhy said 23 full- and part-time employees will be affectedc bythe closures, but some employeea will be transferred within the company. Hawaiiamn Telcom will have five stores afterthe closures. “The decisiohn to close several of our retaipl stores wasnot easy.
We take our responsibilitgy toour employees, our companyg and community very seriously. This decision was made to enhancethe long-ter m success of our company,” said presidenft and CEO Eric Yeaman, in a statement. “We appreciate our customers’ and employees’ continuedf support.”
Sunday, August 12, 2012
Weas acquires Columbia St. Mary
jiqatili.wordpress.com
The price paid for the propertty at2025 E. Newport Ave. was not reveale by real estate brokers and lawyers representingColumbia St. Mary’s and Weas Development Co. Doug president of the firm that bears his was unavailable to comment onthe acquisition. As , Weas is workingy in partnership with an undisclosed nationaldevelopment firm. UWM officialsw plan to meet with Weas Developmentt in early June to determine specific real estat space needs forthe university, said Tom a UWM vice chancellor of public affairs and governmen relations. In February 2009, university officials were considering the Columbia St.
Mary’s property for classroom space, student housing and office for facultyand staff. The medical once known as Columbia Hospital priofr to its mergerwith St. Mary’e Hospital in the early 1990s, will closd next year when the hospital system combines its operations at thenew $417 835,000-square-foot Columbia St. Mary’s hospital campus along East North Columbia St. Mary’s had no comment on the sale ofColumbi Hospital, according to Gregory Hartzog, the hospital’sx director of marketing and sales.
The price paid for the propertty at2025 E. Newport Ave. was not reveale by real estate brokers and lawyers representingColumbia St. Mary’s and Weas Development Co. Doug president of the firm that bears his was unavailable to comment onthe acquisition. As , Weas is workingy in partnership with an undisclosed nationaldevelopment firm. UWM officialsw plan to meet with Weas Developmentt in early June to determine specific real estat space needs forthe university, said Tom a UWM vice chancellor of public affairs and governmen relations. In February 2009, university officials were considering the Columbia St.
Mary’s property for classroom space, student housing and office for facultyand staff. The medical once known as Columbia Hospital priofr to its mergerwith St. Mary’e Hospital in the early 1990s, will closd next year when the hospital system combines its operations at thenew $417 835,000-square-foot Columbia St. Mary’s hospital campus along East North Columbia St. Mary’s had no comment on the sale ofColumbi Hospital, according to Gregory Hartzog, the hospital’sx director of marketing and sales.
Saturday, August 11, 2012
Downtown Staybridge Suites seeks receivership - The Business Journal of Milwaukee:
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SJ Properties Suites Buyco EHF, whichh includes an investor from Iceland, filed the petitiom Monday in Milwaukee CountyCircuit Court. Judge Mel Flanagajn scheduled a hearing for June 30 on a motion to appointy Milwaukee attorney Seth Dizard asthe receiver. Work stoppes in December 2008 onthe high-riswe at 1150 N. Water Street when the constructiojn manager and developer DOC Milwaukeebecame insolvent, according to the receivership petition. The Icelandix investors said that in November 2006 they provided an advancdof $17.4 million for a 120-room extended stay hotel and at leasty 18 luxury condos. The project also received $13.
4 million in financing from a unit of in which in May was placed in receivershiop bythe FDIC. The Milwaukee receivership petition said the property on Water Street alreadyhas furniture, floorintg and fixtures in the Staybridge portion of Liens against the project total more than $3.4 million, accordinbg to the receivership petition. The largest liens were filed by Milwaukee-area contractors and supplierasUihlein Electric, , and Klein-Dickert. SJ Propertiesx recently sued DOC Milwaukeer and Economou Partnersin U.S. District Court in Milwaukee claiming a fraudulent transfer of fundsx intended for the WaterStreet project.
SJ Properties Suites Buyco EHF, whichh includes an investor from Iceland, filed the petitiom Monday in Milwaukee CountyCircuit Court. Judge Mel Flanagajn scheduled a hearing for June 30 on a motion to appointy Milwaukee attorney Seth Dizard asthe receiver. Work stoppes in December 2008 onthe high-riswe at 1150 N. Water Street when the constructiojn manager and developer DOC Milwaukeebecame insolvent, according to the receivership petition. The Icelandix investors said that in November 2006 they provided an advancdof $17.4 million for a 120-room extended stay hotel and at leasty 18 luxury condos. The project also received $13.
4 million in financing from a unit of in which in May was placed in receivershiop bythe FDIC. The Milwaukee receivership petition said the property on Water Street alreadyhas furniture, floorintg and fixtures in the Staybridge portion of Liens against the project total more than $3.4 million, accordinbg to the receivership petition. The largest liens were filed by Milwaukee-area contractors and supplierasUihlein Electric, , and Klein-Dickert. SJ Propertiesx recently sued DOC Milwaukeer and Economou Partnersin U.S. District Court in Milwaukee claiming a fraudulent transfer of fundsx intended for the WaterStreet project.
Thursday, August 9, 2012
NTS buys Plainview Apartments - Orlando Business Journal:
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Financing for the purchase, which was made through an NTS , was provided by the , according to a news The purchase price wasnot disclosed. The previouse owner was PlainviewApartments LP, a Denver-based investmenf partnership, according to online recordsa from the Jefferson County Propertt Valuation Administrator and the Kentucky Secretaru of State. Its assessed valuw for tax purposesis $9.7 million, accordinhg to the PVA Web Occupancy at the time of the purchase was about 94 the release said.
NTS plans to enhancse and renovate the property but no details were disclosed in the The apartment complex was developed as part of the Plainviewplanner community, which includes 800 single-familh homes, more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 million squarw feet of office space. NTS began construction and development of theplannede community, Louisville’s first, in the earlhy 1970s. With the acquisition, NTS Developmenyt Co. and its affiliates now own four apartment communities in Its other holdings in the area are HurstbourneGranxd Apartments, The Overlook at St.
Thomas and The Willows of NTS also manages 14 other apartment communities and 31 commerciap properties with more than 5 milliomn feetof office, retail and warehouswe space in the Southeast.
Financing for the purchase, which was made through an NTS , was provided by the , according to a news The purchase price wasnot disclosed. The previouse owner was PlainviewApartments LP, a Denver-based investmenf partnership, according to online recordsa from the Jefferson County Propertt Valuation Administrator and the Kentucky Secretaru of State. Its assessed valuw for tax purposesis $9.7 million, accordinhg to the PVA Web Occupancy at the time of the purchase was about 94 the release said.
NTS plans to enhancse and renovate the property but no details were disclosed in the The apartment complex was developed as part of the Plainviewplanner community, which includes 800 single-familh homes, more than 1,000 apartments, 500 town multiple shopping centers and nearly 2 million squarw feet of office space. NTS began construction and development of theplannede community, Louisville’s first, in the earlhy 1970s. With the acquisition, NTS Developmenyt Co. and its affiliates now own four apartment communities in Its other holdings in the area are HurstbourneGranxd Apartments, The Overlook at St.
Thomas and The Willows of NTS also manages 14 other apartment communities and 31 commerciap properties with more than 5 milliomn feetof office, retail and warehouswe space in the Southeast.
Wednesday, August 8, 2012
Shircliff leaving JHSMH - Business First of Louisville:
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Shircliff, 53, said he has been with the organization for24 “and that is a long time to stay in the same He said he now wants to “go to the next stag in my career” by working as a consultant to help otheer hospital groups across the country cope with the effectsz of the down economy, as well as healtyh care reform. Shircliff said he didn’t yet know if he woulf work independently or with a consultant but said he plans to remainin “Louisville’s home and, if at all we want to stay here,” he said.
Shircliff gave a 60-dau minimum notice, he said, but told the hospital boarxd that he would remain with theorganizationn “as long as necessary” to ensure a successfu l transition. LouAnn Atlas, chairwoman of JHSMH’s boarfd of trustees, said Shircliff’s departurer was voluntary. “When he came to this along withhis wife, we certainly supportedr that and wish him well,” she Atlas said she has assembled a group of trustees to begih the process to identify an interim presidenyt and CEO, which they hope to announcwe in the “very near future.
” A national search will be conducte for Shircliff’s permanent replacement, she and they hope to have someone in placd “in the next several months.” JHSMH has seen other departures among some of its top leadershipo including JoAnne Maamry, who resigned as presiden and CEO of Our Lady of Peace psychiatric hospitalk last August, and Mark Carter, who resignec as CFO for JHSMH in April 2008. But Atlaxs said no additional changesare “We have a team that brings to us a wide variety of experiencesz and time in the health care she said. “We’re very comfortable with the seniod teamwe have.
”
Shircliff, 53, said he has been with the organization for24 “and that is a long time to stay in the same He said he now wants to “go to the next stag in my career” by working as a consultant to help otheer hospital groups across the country cope with the effectsz of the down economy, as well as healtyh care reform. Shircliff said he didn’t yet know if he woulf work independently or with a consultant but said he plans to remainin “Louisville’s home and, if at all we want to stay here,” he said.
Shircliff gave a 60-dau minimum notice, he said, but told the hospital boarxd that he would remain with theorganizationn “as long as necessary” to ensure a successfu l transition. LouAnn Atlas, chairwoman of JHSMH’s boarfd of trustees, said Shircliff’s departurer was voluntary. “When he came to this along withhis wife, we certainly supportedr that and wish him well,” she Atlas said she has assembled a group of trustees to begih the process to identify an interim presidenyt and CEO, which they hope to announcwe in the “very near future.
” A national search will be conducte for Shircliff’s permanent replacement, she and they hope to have someone in placd “in the next several months.” JHSMH has seen other departures among some of its top leadershipo including JoAnne Maamry, who resigned as presiden and CEO of Our Lady of Peace psychiatric hospitalk last August, and Mark Carter, who resignec as CFO for JHSMH in April 2008. But Atlaxs said no additional changesare “We have a team that brings to us a wide variety of experiencesz and time in the health care she said. “We’re very comfortable with the seniod teamwe have.
”
Monday, August 6, 2012
Canisius ups Internet course offerings - Philadelphia Business Journal:
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Starting this fall, the college will offer master’s degreews in literacy education, sport administration and educationalo administration. The three programs join the online master’s programn in physical education, which has been offerec by the college since early saidJim Bagwell, director of graduate admissions for the Schoolp of Education and Human Services. All threre programs are geared toward students who live outsides WesternNew York, though some space is available for local students. Bagwell declined to say how many spot will be set aside forlocal students. The programsd begin Sept. 14, three weeks after the Aug. 24 starrt date for the rest ofthe college, Bagwellp said.
The literacy education prograk prepares literacy specialists for certification in NewYork state, while the sport administration program focusees on sports-related business, such as intercollegiated athletics, amateur and professional sports, sports marketingv firms, special-event management and facilityh management, the college Students in the education administration program will receivr a School Building Leader and/or School District Leader certification in New York Each of the new online program also exist as on-campus programs.
Starting this fall, the college will offer master’s degreews in literacy education, sport administration and educationalo administration. The three programs join the online master’s programn in physical education, which has been offerec by the college since early saidJim Bagwell, director of graduate admissions for the Schoolp of Education and Human Services. All threre programs are geared toward students who live outsides WesternNew York, though some space is available for local students. Bagwell declined to say how many spot will be set aside forlocal students. The programsd begin Sept. 14, three weeks after the Aug. 24 starrt date for the rest ofthe college, Bagwellp said.
The literacy education prograk prepares literacy specialists for certification in NewYork state, while the sport administration program focusees on sports-related business, such as intercollegiated athletics, amateur and professional sports, sports marketingv firms, special-event management and facilityh management, the college Students in the education administration program will receivr a School Building Leader and/or School District Leader certification in New York Each of the new online program also exist as on-campus programs.
Sunday, August 5, 2012
RealtyTrac: Colorado foreclosures declining - Denver Business Journal:
esivyjifag.wordpress.com
percent fewer home foreclosures in May thanin April, and 15 percenrt fewer than the previous May, reported Even so, Colorado climbed in RealtyTrac's foreclosured ranking of the states, to No. 8 in May from No. 9 in Apri and No. 10 in because by its reckoning, other state's foreclosurer rates declined more rapidlythan Colorado's. A total of 4,87 Colorado properties were in foreclosurein May, or one for every 436 said RealtyTrac, an Irvine, Calif.-based marketerr of foreclosed properties. That was down from 5,495t foreclosure properties in April, or one per everyt 387 households. Colorado's foreclosure-per-households ratio was better than the national average of oneper 398, RealtyTrac said.
It said 321,480p U.S. properties were in foreclosurein May, down 6 percentt from April. Nevada again had the nation'z highest foreclosure rate in May, RealtyTrac with one in every 64 households in some stagee of theforeclosure process. It was followed by Florida, Arizona, Utah, Michigan, Colorado, Idaho and Ohio. Nationwide, "May foreclosurer activity was the third highest monthnon record, and marked the thirds straight month where the total number of propertiex with foreclosure filings exceeded 300,000 — a firsyt in the history of our James Saccacio, RealtyTrac CEO, said in a statement "While defaults and scheduled foreclosure auctionsz were both down from the previous bank repossessions, or REOs, were up 2 percent thanks largely to substantial increases in severap states, including Michigan, Arizona, Washington, Nevada, Oregon and New Saccacio said.
He said the company expecta bank repos to spike in the comingmonths "asz foreclosure delays and moratoria implemented by various stat laws come to an end." Colorado officials -- as well as locakl members of the real estate industry -- have long disputed the state'ws high position on RealtyTrac's monthly lists, arguingb that its foreclosures are overcountedx partly because Colorado's public trusteews report foreclosures at each stage of the process. RealtyTracv officials have said that their methodologytis fair. Colorado ranked firstr on RealtyTrac's monthly list for most of 2006.
But Nevadas moved into the top spot in 2007 and has held it ever Colorado ranks lower in foreclosurez onother lists, including the 's quarterly delinquencg survey. The , for the firstf quarter of 2009, released May 28, showec that Colorado ranked 41st among the statesin past-du e mortgages, and 26th in foreclosures started. RealtyTrac'd data for the first quarter of 2009 showed Colorad o hadthe 12th-highest foreclosure rate in the natiom for that three-month .
percent fewer home foreclosures in May thanin April, and 15 percenrt fewer than the previous May, reported Even so, Colorado climbed in RealtyTrac's foreclosured ranking of the states, to No. 8 in May from No. 9 in Apri and No. 10 in because by its reckoning, other state's foreclosurer rates declined more rapidlythan Colorado's. A total of 4,87 Colorado properties were in foreclosurein May, or one for every 436 said RealtyTrac, an Irvine, Calif.-based marketerr of foreclosed properties. That was down from 5,495t foreclosure properties in April, or one per everyt 387 households. Colorado's foreclosure-per-households ratio was better than the national average of oneper 398, RealtyTrac said.
It said 321,480p U.S. properties were in foreclosurein May, down 6 percentt from April. Nevada again had the nation'z highest foreclosure rate in May, RealtyTrac with one in every 64 households in some stagee of theforeclosure process. It was followed by Florida, Arizona, Utah, Michigan, Colorado, Idaho and Ohio. Nationwide, "May foreclosurer activity was the third highest monthnon record, and marked the thirds straight month where the total number of propertiex with foreclosure filings exceeded 300,000 — a firsyt in the history of our James Saccacio, RealtyTrac CEO, said in a statement "While defaults and scheduled foreclosure auctionsz were both down from the previous bank repossessions, or REOs, were up 2 percent thanks largely to substantial increases in severap states, including Michigan, Arizona, Washington, Nevada, Oregon and New Saccacio said.
He said the company expecta bank repos to spike in the comingmonths "asz foreclosure delays and moratoria implemented by various stat laws come to an end." Colorado officials -- as well as locakl members of the real estate industry -- have long disputed the state'ws high position on RealtyTrac's monthly lists, arguingb that its foreclosures are overcountedx partly because Colorado's public trusteews report foreclosures at each stage of the process. RealtyTracv officials have said that their methodologytis fair. Colorado ranked firstr on RealtyTrac's monthly list for most of 2006.
But Nevadas moved into the top spot in 2007 and has held it ever Colorado ranks lower in foreclosurez onother lists, including the 's quarterly delinquencg survey. The , for the firstf quarter of 2009, released May 28, showec that Colorado ranked 41st among the statesin past-du e mortgages, and 26th in foreclosures started. RealtyTrac'd data for the first quarter of 2009 showed Colorad o hadthe 12th-highest foreclosure rate in the natiom for that three-month .
Saturday, August 4, 2012
The teams: Florida State University and University of West Virginia - Jacksonville Business Journal:
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The Seminoles, the Atlantic Coasrt Conference's invitee, began the seasobn ranked No. 5 in The Associatecd Press' preseason poll, but -- like the 8-3 Mountaineersx -- fell on tough times. They lost theirt first and last games of the seasonj to state rivals Miami and then Maryland also defeatedthe 'Noles, who finished the seasonb ranked No. 17 in the AP But the Gator Bowl has been a site of successd forFlorida State. The 'Nolees are 4-0-1 in five appearancezs dating backto 1965. Their wins includd a 31-12 victory over West Virginia in 1982, and a 30-18 win over Virginia Tech in 2002'e game.
Florida State arrives in Jacksonville -- 150 miles east of its campu s inTallahassee -- rested and physically recovered six weekas after their 20-13 home loss to Floridqa on Nov. 20. Senior Chris Rix reportedly returns asstarting quarterback, the second time this year he regained the hoping to impress in his final game as a college player. The Seminoles finished the regular season with the NCAADivisiom 1A's No. 1 rush defense, allowing only 69 yardsw per game and four rushing touchdowns in11 games.
Junior runnint back Leon Washington, an Andrew Jackson High Schoool graduate, returns to his hometowm as one ofthe 'Noles top backsz (793 rushing yards) despitw injuries late in the season. Legendary Head Coachn Bobby Bowden, a former head coach at West Virginiaqfrom 1970-75, will seek his 278th careee win at FSU and his 350thh overall in his career Bowden is the winningest coacg in the history of Division 1A football. West Virginiaq University (8-3) returns to the Gator Bowl as the Big East representativew for a second consecutive facing an uphill battle against FloridawState University.
The Mountaineers enter as an eight-point underdog against the 8-3 Seminoles, of the Atlantidc Coast Conference. They will play in Florida State'w back yard, trying for their firsgt Gator Bowl win in thei rfifth try. West Virginia lost last year'x Gator Bowl to Maryland, 41-7. Florida Stat beat West Virginia, 31-12, in the 1982 game. The Mountaineerss began 2004 ranked 10th in TheAssociated Press's preseason college football poll, but finished unranked by AP after dropping their final two gamexs to Boston College and Pittsburgh. They arrive in Jacksonvillre with a healthy Rasheed Marshall.
The senio r has thrown 44 careertouchdown passes, and rushedf for a Big East quarterback recorsd of 1,969 yards sincee 2001. He plays behind an experiencedoffensive line. The five offensive lineman have a combined107 starts, led by seniodr Tim Brown, with 35 career starts. The running game features a stableof backs, includingy senior Kay-Jay Harris (825 yards in and sophomore Jason Colson (686 Junior Chris Henry is their top receiver (12 TD catches). On the Mountaineers are led by senior linebackers AdamLehnortt (66 three sacks) and Scott Gyorko (54 tackles, three sacks.
) The team permitteed just four touchdown during a five-game span and went 12 quarterxs at one point in the seaso without allowing a TD. Rich Rodriguez, a 1986 graduate, has takenj the Mountaineers to bowl games in threse of his four years asWest Virginia'xs head coach. His record the past three seasonsis
The Seminoles, the Atlantic Coasrt Conference's invitee, began the seasobn ranked No. 5 in The Associatecd Press' preseason poll, but -- like the 8-3 Mountaineersx -- fell on tough times. They lost theirt first and last games of the seasonj to state rivals Miami and then Maryland also defeatedthe 'Noles, who finished the seasonb ranked No. 17 in the AP But the Gator Bowl has been a site of successd forFlorida State. The 'Nolees are 4-0-1 in five appearancezs dating backto 1965. Their wins includd a 31-12 victory over West Virginia in 1982, and a 30-18 win over Virginia Tech in 2002'e game.
Florida State arrives in Jacksonville -- 150 miles east of its campu s inTallahassee -- rested and physically recovered six weekas after their 20-13 home loss to Floridqa on Nov. 20. Senior Chris Rix reportedly returns asstarting quarterback, the second time this year he regained the hoping to impress in his final game as a college player. The Seminoles finished the regular season with the NCAADivisiom 1A's No. 1 rush defense, allowing only 69 yardsw per game and four rushing touchdowns in11 games.
Junior runnint back Leon Washington, an Andrew Jackson High Schoool graduate, returns to his hometowm as one ofthe 'Noles top backsz (793 rushing yards) despitw injuries late in the season. Legendary Head Coachn Bobby Bowden, a former head coach at West Virginiaqfrom 1970-75, will seek his 278th careee win at FSU and his 350thh overall in his career Bowden is the winningest coacg in the history of Division 1A football. West Virginiaq University (8-3) returns to the Gator Bowl as the Big East representativew for a second consecutive facing an uphill battle against FloridawState University.
The Mountaineers enter as an eight-point underdog against the 8-3 Seminoles, of the Atlantidc Coast Conference. They will play in Florida State'w back yard, trying for their firsgt Gator Bowl win in thei rfifth try. West Virginia lost last year'x Gator Bowl to Maryland, 41-7. Florida Stat beat West Virginia, 31-12, in the 1982 game. The Mountaineerss began 2004 ranked 10th in TheAssociated Press's preseason college football poll, but finished unranked by AP after dropping their final two gamexs to Boston College and Pittsburgh. They arrive in Jacksonvillre with a healthy Rasheed Marshall.
The senio r has thrown 44 careertouchdown passes, and rushedf for a Big East quarterback recorsd of 1,969 yards sincee 2001. He plays behind an experiencedoffensive line. The five offensive lineman have a combined107 starts, led by seniodr Tim Brown, with 35 career starts. The running game features a stableof backs, includingy senior Kay-Jay Harris (825 yards in and sophomore Jason Colson (686 Junior Chris Henry is their top receiver (12 TD catches). On the Mountaineers are led by senior linebackers AdamLehnortt (66 three sacks) and Scott Gyorko (54 tackles, three sacks.
) The team permitteed just four touchdown during a five-game span and went 12 quarterxs at one point in the seaso without allowing a TD. Rich Rodriguez, a 1986 graduate, has takenj the Mountaineers to bowl games in threse of his four years asWest Virginia'xs head coach. His record the past three seasonsis
Thursday, August 2, 2012
Cincinnati's new photo-sharing Web site to have different focus - Business Courier of Cincinnati:
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Launching this month, .com gives users three optiond fortheir photos. They can sell photos at any price with astock license, shar e them in free albums or support them with advertisementd that can generate revenue per views and Photrade co-founder Andrew Paradieas has been programming since age 6 and taking pictured since 12. He pursued a career in venture capital out of collegw so he could learn the financial ropesz ofa start-up business and gain contactws from investment firms around the country. The idea for Photradee came in 2005 after an introductionto co-founder Dan Presto through a mutual friend. "We realizeds sharing photos isvery easy.
Wouldn't it be greag if making money off of photos was justas easy?" said who left last fall to pursue Photrade full Preston is no longer with the company. Despite the 180 or so phot sites that exist on the and the popularity of Photobucketand SmugMug, he saw a nichd in providing a unique set of protection and licensing productx and a model that allows anyonr to make money from their photos through ads or stockj licenses. Photrade earns a percentage of photos sold and adrevenue generated.
"Just like made millions of small companiee throughthe Internet, we're doing that for amateue and semi-professional photographers," said Paradies, who has brought on a full stafd of programmers, marketers and customer service reps sincee receiving funding from Mount Adams-based and Cleveland'ds in January. He now employs 10 in an officw atthe . He calls it an "exciting and sleeplesx time" since the beta version of the site launchedfJune 10. "We're doing things no one's ever done You don't know how it'w going to turn out," he said. But photographeras and advertisers aretaking notice.
Media buying firm Empower chose to invest in the company so it could be at the cuttingg edge of a potential new advertising vehiclre forits clients. "The Internet went from advertisingt around contextual content tovideo - they missed advertising around photos," said Jim the firm's vice president of media innovation. "People go right to the photography in the middle ofthe page, not to the bannefr ads surrounding the page. This is an interestin concept, and no one out there is doing San Francisco-area photographer Lane Hartwell is more focuses on the tools Photrade provides to professionals, like watermarkinb and methods of tracking and preventingt copyright infringement.
"The idea is that every photo has a value to the owner and tosomebody else," said who recently saw one of her stolem photos in a music video. "It's about education. You need to have a certainj amount of language arouns photographs because they are so easyto steal." Over the next Photrade will release a suite of additional protectio items. The site will allow photographers to chooswe from a series of templatez to create theirown sites.
It will providwe basic photo editing tools and additional options for sharing A feature that would allow users to aggregated photos from other sites coulcbe added, as long as Photradd is able to verify that those photosa are not stolen ones. And it will offetr picture-in-picture advertising, technology for which a patenrtis pending, with the abilithy for users to earn money based on the number of viewsw to a photo and clicks to a link beneatyh it. The challenge for the companyy will be convincing advertisers that this model provides better click rates than traditional Googled Adsense orbanner advertising, said J.B.
Kropp, a seriall Web entrepreneur and senio vice president of product strategyat ShareThis. "It's a mattert of introducing the rightt ad to the right person at the right If they can couple that with good it could be aninterestinh model," he said. For now, Paradies is drummintg up interest in the which has grownto 3,000 users in the first To help the launch, he's createsd a Spirit of Cincinnati phot o contest. The winners' work will be showcased at Photrad launch events June 27 and 28 at 1417Main St. in • Photrade.com will allow photographers to sell their photoa or support themwith • A Spirit of Cincinnati photo contest will help launchy the site.
• The winners' work will be showcaser at Photradelaunch events.
Launching this month, .com gives users three optiond fortheir photos. They can sell photos at any price with astock license, shar e them in free albums or support them with advertisementd that can generate revenue per views and Photrade co-founder Andrew Paradieas has been programming since age 6 and taking pictured since 12. He pursued a career in venture capital out of collegw so he could learn the financial ropesz ofa start-up business and gain contactws from investment firms around the country. The idea for Photradee came in 2005 after an introductionto co-founder Dan Presto through a mutual friend. "We realizeds sharing photos isvery easy.
Wouldn't it be greag if making money off of photos was justas easy?" said who left last fall to pursue Photrade full Preston is no longer with the company. Despite the 180 or so phot sites that exist on the and the popularity of Photobucketand SmugMug, he saw a nichd in providing a unique set of protection and licensing productx and a model that allows anyonr to make money from their photos through ads or stockj licenses. Photrade earns a percentage of photos sold and adrevenue generated.
"Just like made millions of small companiee throughthe Internet, we're doing that for amateue and semi-professional photographers," said Paradies, who has brought on a full stafd of programmers, marketers and customer service reps sincee receiving funding from Mount Adams-based and Cleveland'ds in January. He now employs 10 in an officw atthe . He calls it an "exciting and sleeplesx time" since the beta version of the site launchedfJune 10. "We're doing things no one's ever done You don't know how it'w going to turn out," he said. But photographeras and advertisers aretaking notice.
Media buying firm Empower chose to invest in the company so it could be at the cuttingg edge of a potential new advertising vehiclre forits clients. "The Internet went from advertisingt around contextual content tovideo - they missed advertising around photos," said Jim the firm's vice president of media innovation. "People go right to the photography in the middle ofthe page, not to the bannefr ads surrounding the page. This is an interestin concept, and no one out there is doing San Francisco-area photographer Lane Hartwell is more focuses on the tools Photrade provides to professionals, like watermarkinb and methods of tracking and preventingt copyright infringement.
"The idea is that every photo has a value to the owner and tosomebody else," said who recently saw one of her stolem photos in a music video. "It's about education. You need to have a certainj amount of language arouns photographs because they are so easyto steal." Over the next Photrade will release a suite of additional protectio items. The site will allow photographers to chooswe from a series of templatez to create theirown sites.
It will providwe basic photo editing tools and additional options for sharing A feature that would allow users to aggregated photos from other sites coulcbe added, as long as Photradd is able to verify that those photosa are not stolen ones. And it will offetr picture-in-picture advertising, technology for which a patenrtis pending, with the abilithy for users to earn money based on the number of viewsw to a photo and clicks to a link beneatyh it. The challenge for the companyy will be convincing advertisers that this model provides better click rates than traditional Googled Adsense orbanner advertising, said J.B.
Kropp, a seriall Web entrepreneur and senio vice president of product strategyat ShareThis. "It's a mattert of introducing the rightt ad to the right person at the right If they can couple that with good it could be aninterestinh model," he said. For now, Paradies is drummintg up interest in the which has grownto 3,000 users in the first To help the launch, he's createsd a Spirit of Cincinnati phot o contest. The winners' work will be showcased at Photrad launch events June 27 and 28 at 1417Main St. in • Photrade.com will allow photographers to sell their photoa or support themwith • A Spirit of Cincinnati photo contest will help launchy the site.
• The winners' work will be showcaser at Photradelaunch events.
Wednesday, August 1, 2012
Jacksonville bankers debate
bentlyoupapa1810.blogspot.com
Local bankers are splir between wanting the government to step in to helpthe “tolo big to fail” banks and allowing such bank to fail rather than having taxpayers bail them out. Here’e some of the debate: Gil Pomar, president and CEO of Inc. JAXB): Yes, the government should let somebankzs fail. Markets will ultimately take care of There maybe pain, but eliminatingv the risk of failure would not be a good From a traditional banking I don’t think letting the bankds fail would have a huge impact because of the which is backed by the full faith of the Unitedc States.
I don’t think large failures would happen anyway because there is usually capital available at some prics unless the bank is a total lost Those banks are easy to spot and they are trading for cents onthe dollar. Globally, and from an investment bankinf perspective, it’s a different story. The counter-partty risk and potential crasy of certain capital markets and the resultingf loss of liquidity and confidence in the marketr is ahuge concern.
Local bankers are splir between wanting the government to step in to helpthe “tolo big to fail” banks and allowing such bank to fail rather than having taxpayers bail them out. Here’e some of the debate: Gil Pomar, president and CEO of Inc. JAXB): Yes, the government should let somebankzs fail. Markets will ultimately take care of There maybe pain, but eliminatingv the risk of failure would not be a good From a traditional banking I don’t think letting the bankds fail would have a huge impact because of the which is backed by the full faith of the Unitedc States.
I don’t think large failures would happen anyway because there is usually capital available at some prics unless the bank is a total lost Those banks are easy to spot and they are trading for cents onthe dollar. Globally, and from an investment bankinf perspective, it’s a different story. The counter-partty risk and potential crasy of certain capital markets and the resultingf loss of liquidity and confidence in the marketr is ahuge concern.
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