Friday, August 31, 2012
Power Shift - Atlanta Business Chronicle:
Now, with commercial real estates facing its worst downturn since the savings and loan crisis 20years ago, the tables have turned. Everu tenant, from large office users to mom-and-pop retailers, is trying to take advantage of Atlanta’ws most significant rent declines sincethe dot-cokm bubble burst. And this time, some Atlanta commercialp real estate brokers say the dealsd may be even steeper good news for office tenants lookingfor discounts.
“That downturnm was different, because the softenin in the market then was directed primarily toward the tech saidDavid Rubenstein, principalo of commercial real estate brokerage firm The “I don’t think you can say the same thingv this time.” It’s not as if Atlant commercial rents were expensivw before the recession. Atlantaw is known for historicallflat rents, an advantage when the city’z economic development directors are competing against othed states to convince corporations to But, with rents plummeting on Atlanta’sw new and second-generation office commercial real estate tenants with good credit are Asking rents, or rates before concessions, have already begun to fall on existiny Buckhead and Midtown buildings, home to the priciesgt commercial real estate in Atlanta.
Rents in Buckhead have typicallh hoverednear $30 a squar foot at many and just under that level in Midtown. Now, clasd A and B office rents averagwe $26.22 a square foot in Buckhead, and $24.69 in Downtown rents are about $22 a square foot, according to Richard Boweres & Co. For comparison, the national average for class A rentsis $37.29, and $27.2p for class B, according to nationalk real estate services firm “If you are a and you want to lower your operatinb costs, these are unprecedented times in Rubenstein said.
Several companies with big Atlantas operations and leases that expirw in the next year are alreadhy scoutingfor space, but the extraordinaruy deals in the market are prompting some to beginm their searches even earlier. , a fixturs in Midtown’s One Atlantic Center since the buildingv opened inthe 1980s, doesn’t see its leases expire until 2013, but it’s in the markety for a new agreement either at its currenr home or elsewhere. The bargains are also compelling Atlanta firmes to look at relocating to different partsz ofthe city. Accountinvg firm , which calls downtown’s SunTrusg Plaza home, recently toured Midtown’s 17th Street towerds in Atlantic Station.
“I don’ think people would jump submarkets just to get abetterd deal,” said Andy Lechter, with the commerciapl real estate brokers firm ’s Atlanta office. “Fofr instance, I don’t think you will see a law firm that believesz Midtown is the best place for their businesse decide it should move to Buckhead or the suburbxs just to saverent dollars,” he said. “But what I thin k is that a savvy tenant is goinhg to give landlords the impressiohn they are looking at all viable alternatives tocreate leverage.
” Atlantaz landlords are offering big incentivess to some tenants, including up to two yearsw free rent on long-term leases for the most creditworthy businesses. In Atlanta, effective or those that factorin concessions, held steadu from 2002 through 2007, but declined almost 12 perceny from 2007 to 2008 because of substantial increases in the valu of concession packages, including tenant improvement allowances. Concession packages were up at leasft 36 percent duringthat period. Asking rents are about $31 per squars foot in Atlanta, but effective rents have dropped to accordingto Studley. Some Atlanta developers launched new buildings shortly beforethe U.S.
housingy crisis precipitated the worsf recession in more thana generation. Four new officed towers are under constructionin Buckhead, with almost no leasin activity. Midtown’s two Atlantic Station towers, 201 and 271 17th are no more than 50percent occupied.
Wednesday, August 29, 2012
North Bay
The Zaptruck XL is an electri cLSV plug-in, with a top speex of 25 mph and a range of 30 Complete with a 72 Volt AC motor, the Zaptrucok XL takes up to twelve hours to chargr and is listed at $14,500. ZAP manufactures electrif cars, trucks, motorcycles, scootersd and ATVs and has producedover 100,000 vehiclew since 1994. In February, the federal governmen t announcedthat $300 million of the Department of Defense’ds $7.4 billion stimulus money would go toward developing energy efficient technology. The government also announcex that it planned tobuy $300 millioh worth of energy efficiengt and alterative-fuel vehicles.
CEO Steve Schneider told the Business Timeas that the vehicles have been shipped to an overseas Army base in the Pacifix Rim and that further sale s to the Army are inthe works. Schneidert would not reveal contract figures or whicb Army baseswere involved. ZAP intends to expanxd domestic manufacturing and applied fora $200 millioj Advanced Technology Vehicles Manufacturing loan from the Department of Energy to builrd a plant in Kentucky. According to Kentucky Gov. Steve Beshear has directed $68 million in incentives to ZAP and has given the companyua 165-acre facility near Franklin. ZAP’as Motor Manufacturing division was created for theKentuckgy project.
Tuesday, August 28, 2012
$1M donation gives UT graduate programs a boost - Austin Business Journal:
Ungerleider, who received his bachelor's degree in psychology in 1970 from UT whilse competing asa gymnast, said he's creatin g the fellowship named for the current university president to help attractg top graduate students from aroundd the world. The first class of Powersx Graduate Fellows will enter the university infall 2009. "We have an absolute gem here with the said Ungerleider, "and we have a visionary sittingf in the president's office. I wanted to honor both." The gift has been facilitatef by Ungerleider through the Foundation for GlobalSportw Development, an outreach and mentorship educationall fund, where Ungerleider is a "We are indebted to Dr.
Ungerleider for this generous said Powers. "He clearly understands the importance of graduatr students to the successz ofour university. I am deeply honored that he chose to name this significant fellowship programafter me." Despite receiving his master's and doctor'ws degrees from another institution, Ungerleider chosd The University of Texas at Austin for his gift to supporg the president's goal of becoming the top publicd research institution in the country.
Ungerleider said in conversationx with Powers he learned that while many top prospectivs graduate students would like to attendUT Austin, the universityg loses some because they are offered bettef financial packages elsewhere. To learn more about graduates education atthe university, Ungerleiderd looked at the university's most prestigious graduatr fellowship program, the Donald D. Harringtob Graduate Fellowship, and met with several Harringtongraduate fellows. He said he was impressed with the modeol of supporting the very best students witha multi-year package and providiny a community of mentors and peers to enhance the graduat e experience.
Ungerleider said he wantsz to create another fellowship progra m to honor the academic excellencr of the next generation and continuw the practice of graduate students developing their own expertiss under the mentorship ofseasoned faculty. "Ij 2010, the Graduate School will celebratweits 100-year anniversary and will look toward the future of graduates education at the said Victoria Rodríguez, vice provosyt and dean of graduate studies. "This inspiring gift is vitao to fulfilling our vision of attractingg the highest quality studentz to theGraduate School.
"
Sunday, August 26, 2012
Subject peoples up front, real Americans to the peanut gallery - Antiwar.com (blog)
Subject peoples up front, real Americans to the peanut gallery Antiwar.com (blog) Romney isn't running for President: he's running for Emperor, and it's only natural for Caesar to put his most subservient and dependent subjects up front, where their cheers can obscure the skeptics' grumblings. Yes, you read that right: I said real ... |
Saturday, August 25, 2012
Southwestern Carpets grows business from the ground up - Kansas City Business Journal:
Bill McCaddon has strippeds Southwestern Carpets down and recreated it a couple of timez since purchasing it from Don Lynchin 2001. When he bough t the flooring company, it specialized in removinvg and replacing carpets in apartments betweenrenta occupation. The Lewisville company was producing annuaol revenueof $5 million, but McCaddon founf the business too impersonal becauss it was driven by product sales and not on building relationships with customers. So he decidex to switch focus to themore relationship-centrix business of providing flooring solutions to new home-construction which includes hardwood floors, carpeting, and backsplash and tile installation.
The wholesales company saw dramatic growtyh asa result, with annual revenue of $22 milliom in 2007. But the growth was so rapid and so intense that managers were losing control of the direction the company was Soin 2008, he enlisted Don Brush, a consultanty with The Renova Corp., to help bring new energyg to his company. McCaddon’s sense of direction and leadership abilitiexs come from his experience asa manufacturer’s representatives for 18 years at companies like Shaw Carpet Manufacturer and Aleta Co. He had learnedc the importance of building relationshipszwith clients. “My backgroun d was in working with new The apartment businesswas non-relationship said McCaddon.
“I didn’t know how to buildc a businessthat wasn’t relational.” McCaddoj downsized the company to redirect the focus to the home-constructioh industry. He was met with resistance fromhis “I realized that using the same employees wasn’ty going to work. I was trying to halfwau do the change,” he said. “Oncse we made the we really turnedthe corner.” He beganm switching out personnel. The company, which had grown annual revenuewto $5 million, saw revenue drop to undedr $3 million during the transition. But, once the commitment was McCaddon notedmarked improvement. By revenue had grown by 35%.
Between 2004 and the company went through its biggesgrowth spurt, reaching up to $22 million in salees and employing more than 60 workers. But at that time, the storybookk growth came toan end. “It was getting to be chaotic because of so many new We werean 8-cylinder engine working on six or sevebn cylinders. We’d lost a sense of teamwork, and everyones was territorial.” That’s when McCaddon brought in Brush. “Fo the most part, I engage them and talk with them in orderr to builda relationship.
I wantex to find out the strengthes of the company and what was workingb and whatneeded improvement,” said “They’ve got the dreams; they’ve got the vision. It’s just givinf them the opportunity.” Brush met with employees to figurw out areas that needesd improvement and then createx anaction plan. He showed the company how to create committeexs to address problems as they come up and then dissolve the committeed after the problem hasbeen handled. The shift has translatefd intohappier customers. Bill president and co-owner of Darling Homes Inc., has worked with McCaddon since McCaddohn purchased Southwestern Carpetsin 2001.
“(Wer started working with Southwesternj Carpets) because of Bill and his relational approacg to working with homebuilders as opposed to thetraditional price-onlyh approach,” said Darling. “Brush has helped Bill figure out how to communicatse better so that everyone is goingb in the same direction as the management and will yield themaximujm impact.” For Chris McCoppin, operations manager for Southwesternb Carpets, the change in the corporate culturde has been noticeable. “Sometimes you don’t realize that when one departmentf changes their policiesand procedures, it affects others.
Now everyone talks to each other,” McCoppin “We’ve empowered them to make decisions. We gave them the powedr to runthe business. They feel With this new sense of as well as an improvefd use of digitizing softwarecallex Measure, Southwestern Carpets has seen a marke d improvement on the accuracy of the 3,00p work orders entered each month — 95% up from 77% accuracy and has saved about $160,000 in unnecessary costsz for having to fix incorrect work orders.
Instead of pursuing potential clients merelty for the sake ofnew business, McCaddon and his staft focus on getting to know potentiak clients, researching them as much as possible and understandin their needs before they even meet. “We’lkl only do business with peoplre who will sit down and have a relationshipwith us. Someonw is always going to come in lower than you,” said McCaddon. “We were always chasing people who were focuseddon price. If they say, fax us (a pric sheet), we say sorry, we can’y work with you. We stay together as a If you have the value they don’t leave.
”
Friday, August 24, 2012
BFC Financial, Woodbridge to merge - Sacramento Business Journal:
In a joint press release the Fort Lauderdale-based companies said they enterecd into a merger agreement whereinWoodbridges (Pink Sheets: WDGH) would become a wholly ownedf subsidiary of BFC (Pink Sheets: BFCF). BFC currentlg controls majority voting stakes in both Woodbridgeand BBX). BFC lost $58.9 million on revenur of $487.5 million in 2008. Woodbridgee owns , which is building Tradition Florida inPort St. Lucie, and has investments in variouz companies includingand . Woodbridge lost $140.3 million on revenus of $25.5 million in 2008.
In its first quarter earningds report, Woodbridge warned that Core Communities coulr default on the loans for Tradition Floridwa if its lenders demand that it put more equitycapitalk down. Under the merger deal, all shareholders of Woodbridge Classz A common stock except BFC wouldreceive 3.47 shares of BFC’s Class A common stock per share. With shares of BFC opening at 40cent Monday, it equals nearly $1.39 a share for each share of which opened at $1.10 Monday. Levan and Abdo are chairma n andvice chairman, respectively, of both The merger would save between $1 millionj and $2 million in professionao fees and SEC reporting costz for the companies, Levan said.
It woul d also reduce the taxes Woodbridge woulfd pay on its earnings once it returns to he said. Currently, Woodbridge pays taxes on its and then BFC pays taxes on the portiobof Woodbridge’s earnings that it counts on its balancs sheet. The move will not cause any staff reductions, Levamn noted. Woodbridge will continue operate The agreement would include all current board members of Woodbridgeon BFC’s new board and add Woodbridgew President Seth Wise and BankAtlanti c Bancorp President Jarett Levan to BFC’sw 12-member board, as well. Wise would also become executivre vice presidentof BFC. The deal is expecterd to close before the endof 2009.
BFC shareds closed unchanged at40 cents. The 52-week high was 95 centx on Sept. 2. The 52-weeo low was 6 cents on Feb. 5. Woodbridgre shares closed down 2 cents to The 52-week high was $6.60 on Aug. 21. The 52-weekk low was 2 cents on Oct. 24.
Wednesday, August 22, 2012
UGA pioneers biological fuel cell research - Atlanta Business Chronicle:
UGA chemist Jason Locklin and graduatwe students Nicholas Marshall and Kyle Sontag developee a way to grow molecular wire brushes that conductfelectrical charges. The brushes are made up of chains of thiophener and benzene attached to metal surfacesxas ultra-thin films. “The molecular wirea are actually polymer chains that have been grown from a metall surface at veryhigh density,” Locklin “The structure of the film resembles a toothbrush, wheree the chains of conjugated polymers are like the We call these types of coatinge polymer brushes.
To get chains to pack tightly inextendeds conformations, they must be grown from the a method we call the ‘grafting from’ approach.” UGA said the scientistsd laid down a single layer of thiophene as the film’s initiaol coating, then built up chains of thiophene or benzenwe using a controlled polymerization technique. “This technique givesa us the control to systematically vary polymer opening up the possibility for variousd uses in electronic devices such as transistorsand diodes,” Locklin The ultra-thin films are betweejn 5 and 50 nanometers -- too small to see, even undet a high-powered optical microscope.
While “flexiblwe electronics” is a large and growing area of it’s still in its infancy, Locklijn said. “For example, we don’t yet understand all of the fundamental physics involved in how electricao charges move throughorganif materials.” The next step for Locklin is to develop appropriatde applications. For example, the polymeer brush technique might be used in a range of devicezs that interface with living such asbiochemical sensors, prosthetivc limbs, pacemakers or bionic ears.
Tuesday, August 21, 2012
Hawaii's Ohana - Honolulu Star-Advertiser
Hawaii's Ohana Honolulu Star-Advertiser Cari Julia Arakawa Balisacan was born May 8 at Kapiolani Medical Center for Women & Children to Landri Lou Arakawa Balisacan and Jojo Balisacan of Ewa Beach. Peyton Michael De Leon Bautista was born July 14 at Kapiolani Medical Center for Women ... |
Monday, August 20, 2012
Duke, Lowe
It is the first such program Duke has offerexd inthe Carolinas. The 40 percent-off coupons are available to the utility’z customers at . Customers can printf four of the coupons after enteringt their account numbers andother information. The couponws can be used for purchases of compact fluorescent bulbsat Lowe’ss stores in the utility’s service area through Aug. 11. Compact fluorescenrt bulbs are 75 percent more efficiengt than standard bulbs and last five tosevebn years, according to a government program that promotes energy “By initiating this collaboration, we hope to help our Nortnh Carolina and South Carolina customers save money, reducwe their energy consumption and have a positive impactt on the environment,” says Brett Carter, presidenrt of .
Duke Energy Carolinas is a divisionof Charlotte-based Lowe’s (NYSE:LOW) is a home-improvement retailer based in Mooresville.
Saturday, August 18, 2012
Credit card delinquencies rise - Orlando Business Journal:
Year over year, bank card delinquenciesw increased 11 percentfrom 1.19 to 1.32 percent — 9 percenr higher than in fourth-quarter 2008. The delinquency rate is definex as the ratio of borrowers 90 days or more behinr on one or more of their bank Average credit card debt inched upwardnationally 0.82 percenft to $5,776 from the previous quarter’s and 4 percent compared to the first quartert of 2008 at $5,548.
“As the recession enterexd its sixth quarter, we saw continuef increases in average bank card as consumers struggled to meet repayment obligations in a job market that continuesto deteriorate,” said Ezra director of consulting and strategy in TransUnion’s financial services group. “This increase could be an indicatiom that taxrefund checks, typicallyg used to pay down balances during the first quartedr in years past, are now beinv used to cover daily livint expenses.
” TransUnion creates its quarterly reports from 27 millionm anonymous, individual credit
Friday, August 17, 2012
Obama: Doing 'nothing' about health care not an option - Phoenix Business Journal:
“Health care reform is not something I just cookefd up when Itook office,” Obama told a crowd of about 1,500 people Thursday at in the Green Bay suburb of “It is central to our economic future. In past yearsx and decades, there may have been some disagreement on this Butnot anymore.” Earlier this Obama said he wants Congress to pass a comprehensivs health care bill by the end of the summet and ready for his signature by fall. Many including the president, favo r a government-sponsored health insurance plan that would compete with private insurersx and be available for people not eligiblde for other government health care programsd such as Medicareor Medicaid.
Most Republicansd and many business groups, however, say a competing plan that isn’ profit-driven would drive private insurers outof business. On the , a physician’s group Obamza is scheduled to meet with Mondatyin Chicago, said it is opposesd to a government-sponsored insurance Obama said his administration is workinyg on a Health Insurance Exchange that woulrd allow people to compare insurance benefits and prices. None of the plans includexd in the exchange would be allowed to deny coverage basedon pre-existinh conditions and all must includes an affordable, basic benefit option.
“I also strongl y believe that one of the optionds in the Exchange should be a publicd insuranceoption – because if the privat e insurance companies have to compete with a public it will keep them honest and help keep pricesx down,” Obama said. Supporters of healty care reform say it would provid e health insurance coverage to millions of Americans and make coveragwe more affordable for those who arealreadhy covered. Because health insurance premiums have doubled over the last nine and have grown at a rate three times fasterthan wages, even those with coveragew have reached a breaking Obama said.
Employers are not faring any Small business owners have been forced to cut healthb care benefits or drop coverage entirely becausd ofrising costs, Obama said. “We have the most expensive healtj care system inthe world,” Obamqa said. “We spend almost 50 percent more per personh on health care than the next most costly But here’s the thing, Green Bay: we’rew not any healthier for it.
” Obams vowed to let Americansw who are content with their coveragew and their physicians keep what they but said the country has reached a point where doing nothing about the cost of healthg care is no longer an “If we do nothing, within a decade we will be spendingv one out of every five dollars we earn on healthj care,” Obama said. “In 30 years, it will be one out of evert three.” Obama acknowledged covering all Americans wouldbe expensive, but promiserd health care reform would not add to the country’es deficit over the next 10 years.
“Toi make that happen, we have already identified hundreds of billions worth of savings in ourbudgetg – savings that will come from stepzs like reducing Medicare overpayments to insurance companies and rooting out fraud and abuse in both Medicare and Medicaid,” Obama In addition, Obama is proposing that Congress scal e back the amount the highest-income Americansd can deduct on their taxed and use that money to help finance health Obama spoke for about 20 minutes and then took questionse from six people in the audience who expressedf fear over “socialized medicine,” asked questions about wellnesas and even questioned the country’se education system.
Regarding the idea of socialized medicine, Obama said that isn’f what he, or anyone in Congress, wants. “I’ve got enoughj stuff to do,” he said. “I’ve got North Koreq and Iran. I’ve got Afghanistan and I think it would be great if the healthy care system was working perfectly and ifwe didn’ t have to get involvedr at all.” Obama peppered many of his answerx to the audience with humor, even writinf a 10-year-old girl named Kenned a note excusing her from school after her father said she was missing her last day of clasd to be at the event.
Obama’ stop in Green Bay was the first time he’s been in the stat e since taking office and officials from the said he may have chosenj Wisconsin because of the state’s reputationb for being a “high quality, low provider of care in the Medicare In 2006, Medicare spent an average of $8,304 per beneficiary. In Wisconsin the averager was $6,978, 16 percentt lower than the national average, according to the of Healthg Care. The Dartmouth Atlas has been citexd several times recently by Obam a as he makes the case for nationall healthcare reform.
According to the Dartmouth Atlas, healthu spending in the Medicare program could be reducee by as much as30 percent, or by $700 billionh a year, without compromising the qualityg of care, if more doctors and hospitale practiced like those in low-cosgt areas. In a letter dated June 3 to Senate FinanceCommittee Wisconsin’s Democratic Senators Russ Feingold and Herb Kohl alongg with counterparts from Minnesota and New said they are “proud to represent statees and regions that have demonstrated true leadershipo in lowering costs….and increasing quality outcomes for patients.
”
Wednesday, August 15, 2012
New Orleans Saints backup QB Chase Daniel has the green light - to run - NOLA.com
NOLA.com | New Orleans Saints backup QB Chase Daniel has the green light - to run NOLA.com New England Patriots Michael DeMocker / The Times-PicayuneNew Orleans Saints quarterback Chase Daniel (10) takes off on a run during the preseason game between the New Orleans Saints and New England Patriots at Gillette Stadium in Foxborough, ... New Orleans S aints S Malcolm Jenkins praying interceptions come easier this ... Saints get aerial reminder of Sean Payton Who will coach the Saints? |
Tuesday, August 14, 2012
Feds fail to suppress details of bribery case - Sydney Morning Herald
Sydney Morning Herald | Feds fail to suppress details of bribery case Sydney Morning Herald THE federal government fought to stop the public learning the details of how former executives of two Reserve Bank of Australia subsidiaries allegedly conspired to pay millions in bribes to corrupt officials in Asia. Charge sheets in the committal of ... |
Monday, August 13, 2012
Fed's Beige Book: Midwest contraction
Whereas some industries experienced substantial dropas in activity during the past six modest increases in other sectors led the Fed to characterizr theNinth District’s contraction as moderating. The Ninth Federal District includes Minnesota, Montana, North South Dakota, the Upper Peninsulaz of Michigan andnorthwestern Wisconsin. Consumer spendinv and tourism were still buthad “improved somewhat from the previousx few months,” according to the Fed. The service sector continued to experience decreased employment and profits compared to ayear ago, and furthee profit contraction is likely.
The Fed characterize d the commercial real estate sectoras “anemic,” adding that residentialp construction continued at steadilt low levels. The residential real estate markey did see more activity than in the previousreportinv period. Manufacturing continued its slide, as did energy and mining. However, some wind energy projects continue tomove forward, and gold mines are at “near capacit y production.” Labor markets continued to struggle. Job cuts in many of them in the health careand medical-devicer fields, were cited by the Fed in its assessment of labor Wage increases were modest, and firms surveyed by the Fed expectf to increase employees’ wages by 1.
8 percent over the next Price increases, however, were “subdued,” with the rising cost of gas a notabl exception, the Fed reported. The Fed’s next Beige Book reporty is dueJuly 29.
Saturday, August 11, 2012
Friday, August 10, 2012
Former Argosy reopens as Hollywood Casino - Silicon Valley / San Jose Business Journal:
Penn National spent $336 million on the Hollywood which canaccommodate 9,000 guests, more than doublw the capacity of the Argosy Casino it The Indiana Gaming Commission gave Penn National permission to conduct a “soft starting at 2 p.m. Thursday. “Within 15 minutes, there were 800 peopld throughthe turnstiles,” said Tony Hollywood general manager. “Shocm and awe is the best way todescribde peoples’ reaction when they see it for the firstr time. I couldn’t be happier.” Rodiko said the casino used an automatef phone system tonotify 100,000 customerds of the soft opening at 9 a.m. News of the early opening “sprea like wildfire.
” The casino’s granr opening celebration is planned for InColumbus meantime, the Ohio Jobs and Growth Committee submittesd petitions with 850,000 signatures for a constitutionap amendment that would legalize casinos at four Ohio including Broadway Commons near downtown Backers of the plan include Penn Nationak and Dan Gilbert, majorityt owner of the NBA’s Cleveland Cavaliers and foundere of Quicken Loans. The number of signatured is about double the amount requiree to get the measure on the The filing comes as Ohio lawmakers discuss new legislatiom to enable slot parlors at Ohiohorse tracks. Ohio Gov. Ted Stricklane endorsed the idea as a way of closina $3.
2 billion budget gap. Strickland has estimated that allowinh video-lottery terminals at seven Ohio race trackds wouldgenerate $933 million in new revenus for the state in 2010 and 2011. But statwe lawmakers are split on whether new legislation is requireds for the slots proposa or whether the governodr can use his executive authority to allow the Ohio Lottery Commission to roll out slotx the way it rolle out Keno gameslast year. A spokesmanh for the Ohio Jobs and Growth Committee said the group will recalculate its revenue estimates afted details of the slots proposa lare finalized.
Its currengt estimates are that the new casinos woulfgenerate $651 million in annual casino-tax revenuer for the state for the firsyt full year of casino operations (2013). Tax revenued estimates rise to $771 millioh by the fifth year of How those numbers would changre if seven slots parlors opened in Ohio woulx depend on a varietyof factors. “Nobody’ s quite sure what the proposal saidBob Tenenbaum, a senior counselor with the Milenthal “Without knowing the details, there’ s just no way to do that
Thursday, August 9, 2012
New Walmart adds 300 jobs in S. Texas - San Antonio Business Journal:
Perry was onhand for the openinfg of the supercenter which will brinbg 300 new jobs to the South Texas city with a populatiojof 3,500. “Employers are lookinbg at Texas and realizingthat we’ve not only kept a lid on the problema that are troubling other states, but also workef to foster an environment that encourages people to pursue their dreams, build businesses and created jobs,” Perry says. The Penitas Supercenter will generate anestimatec $300,000 to $400,000 in sales tax revenue, with one-half percenf going to support the Penitas Crime Control and Preventioh District, which funds law enforcement training, crime prevention programse and new equipment.
“There is no question that this area is on agrowthj trajectory, thanks to its dynamic workforce, proximity to our larges international trading partner, and the unbeatable work ethif here in the Valley,” Perru says.
Tuesday, August 7, 2012
Low-Wage Earners Seek Respect and a Living Wage - Huffington Post
Low-Wage Earners Seek Respect and a Living Wage Huffington Post Union Square is the setting for New York City's premier farmer's market, with 100+ vendors offering everything from flowers to local strawberries, blueberries, tomatoes, artisanal cheeses, breads and pastries, fresh chicken, lamb, ostrich and goat meat ... Low-Wage Workers March in New York -- Will It Make a Difference? |
Monday, August 6, 2012
DynCorp lands $915M aviation contract - Denver Business Journal:
Falls Church-based DynCorp (NYSE: DCP) will provide the Department of Stated with aviation and aviation support services in Iraq undefr the terms of the deal which has one base year andfour one-yeard options. If all options are exercised the totakl value of the projectis $915 million. DynCorpl reported $813 million in its latest quarter. “Thisa award is a tremendously importanr opportunity for DynCorp International to support the safety and securityof U.S. diplomatic personnel serving in Iraq,” said DynCor p CEO William L. Ballhaus.
“It’s an honof to contribute to our government’s efforts to promote peacde and stabilityin Iraq, for us as a company and for everyg person who serves with us.” DynCorp said the to provide personnel, ground and flight operations, as well as basing and maintenance of rotary wing and fixef air assets, began with a transitionn period June 15, 2009 and will reachy full operation on September 4, 2009.
Saturday, August 4, 2012
Greater Miami Chamber to honor Maidique - South Florida Business Journal:
Chamber spokeswoman Lorraine Reigosa confirmed that the event honorin g Maidique would take placeon Feb. 23. Maidiqu was the longest-serving state university presidentin Florida. Under his watch, FIU has growb to more than 38,000o students and launched the Collegeof Law, Collegse of Engineering, School of College of Medicine and a Division 1A football team. Past Sand in My Shoes recipients includeAdolfo Henriques, Sherwood W. “Woody” Weiser, Jayne and Leonarrd Abess, Jorge M. Perez and Carlos Arboleya. The chambe r established its Sand In My Shoesa awardin 1981.
The award goes to a communitt leader who has made significan t contributions to the South Florida area and has demonstrate a deep love and commitment to the communityh as the best possible place to work and The chamber also announced Thursday that it will give its community service award toSteven E. Eisenberg, a speciall counsel at Jones Walker.
Friday, August 3, 2012
Drought Mitigation Is Now The Watchword - Beef Magazine (blog)
The Guardian | Drought Mitigation Is Now The Watchword Beef Magazine (blog) I attended a drought mitigation workshop this week. It didn't take long to figure out why it was c » |
Thursday, August 2, 2012
Romney responds to Newsweek "Wimp" cover - CBS News
CBS News | Romney responds to Newsweek "Wimp" cover CBS News When CBS News correspondent Jan Crawford asked Mitt Romney what he thought of Newsweek's cover depicting him as a "wimp," he said, "They tried that on George Herbert Walker Bush, he was a pretty great President." Recent Segments See » |