Thursday, December 15, 2011

Towers of Channelside buyers lured by wrong listing prices, Realtors say - South Florida Business Journal:

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“If it’s not illegal, then it’s definitely said Lee Pitney, a real estate broker with NL Pitneyg Realty. “To advertise a price for something, get all the contracts have sales people put in a lotof work, and then say, we were wrong,’ is not supposefd to be legal.” Pitney had lined up a cash buyefr for Unit 505 in Towert 2 at the Channel District project. Dr. Brian Rau was movintg from Fargo, N.D.
, to do his residency at and was readyg to buy the unit sight unseen for bargaim basementprice $165,240, signing a contract

Tuesday, December 13, 2011

Robby Kelley Wins Giant Slalom in Panorama - SkiRacing.com

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Robby Kelley Wins Giant Slalom in Panorama

SkiRacing.com


Two of the three podium spots in the giant slalom were taken by Americans with Robby Kelley winning (1:51.79) and Brennan Rubie in third (1:52. 96). Rubie was in the lead after the first run but fell back to third after his nineteenth finish in the ...



Sunday, December 11, 2011

Euro's Preservation Worth Costs, Nobel Laureate Sims Says - BusinessWeek

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Bloomberg


Euro's Preservation Worth Costs, Nobel Laureate Sims Says

BusinessWeek


9 (Bloomberg) -- Nobel Economics Laureate Christopher A. Sims said Europe needs to preserve the euro and that the only obstacle to a functioning currency union is better fiscal coordination. “It's worth paying a price to preserve the euro,” Sims, ...


Euro Preservation Worth Cost of Rescue, Nobel Laureate Sims Says

Bloomberg



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Friday, December 9, 2011

Ion Media files for Chapter 11 bankruptcy protection - Boston Business Journal:

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The network, which is based in West Palm Beach, filed for reorganizatio n withthe ’s Southernm District of New York Tuesdayu claiming assets and liabilities of more than $1 The filing was made on behalf of 117 including Ion Media of Tampa Inc. The filing comesa as Ion agreed to a financial restructurinh that would wipe out morethan $2.7 billiohn in legacy debt and preferred stock whilwe providing Ion with $150 million in new according to a release. That’w part of an overall $300 million commitment that will convertf to equity once the restructuring is complete and be made availabler to allof Ion’s first lien senior secureds debt holders.
“We are pleased with the supporrt from our first lien senior debt holder to resolvethe company’s legacy debt issue s and fund our television growth plans,” said Brandom Burgess, Ion’s chairman and chief executive in a statement. “We are positioning the business for growtbh and will emerge form the restructuringv in a strong position to serve clientsand stakeholders.” Lowell W. Paxson founded Ion Media in 1984, basingf it in the Tampa Bay area and callingit . Originallyu owning WWQT in Clearwater, Paxson lateer worked with Roy Speer to found the , which would be sold to Barry Diller in 1996.
Followiny the sale of HSN, Paxson relocatee to West Palm Beach, divested his radioi interests and concentrated more on hisown network, called , whichg launched in August 1998. Paxson left the company in November 2005aftet , a minority owner in the started to gain a majority interest in the renaming it Ion Media Networkas in 2006.

Wednesday, December 7, 2011

Politicians want answers as rumors swirl NCR to leave Dayton - Triangle Business Journal:

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Government officials said word began swirling in the communit y Thursday thatNCR NCR) is planning to move its headquarteres and 1,300 employees to the Atlanta area and make an announcementt about the move this week. NCR Global Spokesperson Richard Maton, speaking by phoner Saturday from London, confirme that an effort was made forOhio Gov. Ted Strickland and NCR Chietf Executive Officer Bill Nuti to however they were not ableto Strickland’s spokesperson said Saturday that he is “continuing to reacjh out to the company to have a direct conversation.
” When askeds about NCR possibly moving its headquarters out of Maton said the company does not respond to rumors and NCR Corporate Spokesperson Alan Ulman responded to questions about NCR’ s plans with an e-maikl message Saturday that read: “We have no announcemenr today.” In the past, NCR has been quicik to deny rumors of its relocation and affirm its commitment to remaining in Dayton. The has repeatedl y sought information from the companysince Thursday, but NCR had not responde to their requests as of Friday evening, a developmenft department spokesperson said. Montgomery County Commissioner Dan Foley said he is frustrateds by the lackof communication.
Foley said he has askefd multiplecompany officials, via e-mail, to responrd to the rumors, but has yet to receivd any information. Foley said he, along with othee county, state and city of Dayton officials, have met with NCR representatives in the past in an effort tosafeguared NCR’s local jobs. “All that nobody has confirmed to me that theier statushas changed,” Foley said “I have to assume that -- I hope, I very much hope -- they are stayingy in Dayton, because our citizens have helped build that company up to be world-classw and will continue to do so.
” Rumors have long circulate d that the company would however multiple government and economic developmentr officials said they reachex a new level in the past few NCR is said to be seeking about 100,00p square feet of offics space in Georgia, . NCR is believed to have lookedf at sitesin Savannah, and Columbus, Ga. Based on the squar footage estimates, the operation coul d house about 300 to400 people, according to real estate Georgia government and economic development officialse remained tight-lipped on any potential In October, NCR said it would move its Worldwid Customer Services headquarters to an Atlanta suburb, investing $15 millionb and creating more than 900 jobs in the suburbsw of Peachtree City and Deluth.
The state of Georgi provided morethan $8 million in incentives, according to officials. NCR, founder locally in 1884, is the Daytonn region’s second largest company, with 20,000 global employees and $5.3 billioh in revenue in 2008. The which sells ATMs and retailautomatiojn systems, is Dayton’s lone remaining Fortunew 500 company. At one time, the company had more than 18,000 employeew in the Dayton area, but that numberr has dwindled during the past several As recently as twoyeard ago, NCR had about 2,000 Dayton employees. That number has declined by about 700 workers in the pastseveraol years.
In 2007, NCR announced it was relocatinyg its executive offices to New York City and leasing an entire floor of the 7 World TradewCenter building. But, on paper, its headquarters remainedf in Dayton. In March, the company also told employeex it is undergoing a structural reorganization and woulxd cut an unknown amount of itsglobao workforce. That same month, the companyt removed the language “world from the sign at its Dayton campus, though it said at the time it wasjust

Monday, December 5, 2011

SportsCenter anchor stresses importance of education at event - Daily Athenaeum

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SportsCenter anchor stresses importance of education at event

Daily Athenaeum


Harris, who has been with ESPN since 2003, spoke on the importance of maintaining an education in achieving career success. "If you don't have an education, you're way behind. It's like starting a 100-yard dash from the 120-yard line â€" it's ridiculous ...



and more »

Friday, December 2, 2011

Grand View, Penn Foundation closing their behavioral health unit - Nashville Business Journal:

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Both organizations are shifting theirt behavioral health focus away from inpatient care and more towardzoutpatient services. Penn Foundation of Sellersville, Pa., will continu e to operate its crisis service program through the emergencuy department ofGrand View, also in Sellersville, and its crisie telephone hotline will continue. Penn Foundation psychiatristd will remain on staff atGrand View, where they will be on call to providw consultative psychiatric services to hospital An estimated 14 full-time equivalent support staff employeea of Grand View and three Penn Foundatioj full-time equivalent employees will lose their jobs as result of the They will be encouraged to pursue othert existing opportunities with the two organizations.
“zA key factor that has led to this decision is the very reducef level of utilization that is being experienced on the behavioral health saidStuart Fine, president and CEO of Gransd View. “New medication regimens and restructured outpatient approaches to care have had a remarkablde impact uponbehavioral health. Our inpatient service that had long attended to 12 to 16 patients per day is now attendin to only six to eightsuch patients.
” Penn Foundation has piloted several programs in recengt years that are specifically designed to prevent hospitalizationm and to promote independent living and community The organization is planning an expansion of its facilities to support the community’w growing demand for several levels of outpatient services. “Penn Foundatiohn and Grand View have had a closse working relationship that extends back for over 50 saidJohn Goshow, Penn Foundation CEO. “Our organizationsw have coordinated in the development and operation of a variety of programand services.
This decision has been made jointly, and we will continure to cooperate in working to address as best we can the behavioralk health needs ofarea residents.”