olimstgon.blogspot.com
The June 17 story, by Jamew Oliphant ( ), said Grassley, the top Republicanb on the powerful SenateFinance Committee, has askedf UCSF to supply documents on federal fundintg over the last five years, including details of an externaol review by the KPMG accountinvg firm. “If the financial integrity of UCSFis questionable,” Grassle said in a letter to the university, accordingf to the L.A.
Times, “I am worried that similar problems regarding taxpayer dollars may also exisr at other campuses withinb theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in during a continuint feud between UCSF and Davir Kessler, former dean of its medical school, who earlier headed the U.S. Food and Drug Administration underPresident Clinton, over allegations involvingf the medical school’s financial reporting. The Timed reported that Kessler was fired inlate “after repeatedly complaining that he had been mislesd about the school’s finances.
” Kessler has filedx a whistleblower lawsuit against the and is seeking to get his job back, alonfg with lost pay, benefits and the Times reported. Grassley raised his concerns in an Aprill letter to UC PresidentMark Yudof, according to the UCSF was awarded $444 million last year from the National Instituteds of Health, with $383 million going to the medical which is also seeking a big chunk of federal stimulus University officials have said Kessler was fired for performance-relatecd reasons, Oliphant’s article notes, but they’re treatinyg him as a whistleblower.
Kessler’s lawsuit has been stayerd pending the conclusion of anadministrative review, the Timew report said. In a comment providef Wednesday afternoon to the San FrancisciBusiness Times, UC reiteratec that it has provided information to Grassley’sd office on the financialo issues in question and that Kessler’sd allegations have been exhaustively and repeatedlg investigated at the University’s Those investigations “have found no evidence whatsoever of any inaccurac in the books and records of the ,” UC said in its writtejn statement. UC officials also noted that a review released in Marcnh 2008 bythe U.S.
Department of Health and Human Office of the Inspectof General found thatUCSF “has complied with all Federal regulations for claiming reimbursemeng for administrative and clerical connected to the NIH funding.
Saturday, March 31, 2012
Thursday, March 29, 2012
Even small schools pay big for hot NCAA coaches - USA TODAY
iwegasely.wordpress.com
USA TODAY | Even small schools pay big for hot NCAA coaches USA TODAY "Yeah, I didn't even know that," Smart said. "I have the contract and I'm sure if I looked at it that's something I would see, but if you talk to any coach, or get in the mind of any coach, that's not why he's trying to win a conference championship. |
Tuesday, March 27, 2012
5 Who Thrive: Leather Soul sees Rodeo Drive as the perfect fit - Puget Sound Business Journal (Seattle):
yjanebixe.wordpress.com
Park plans to open his secondc store later this year inBeverlyh Hills, just off prestigious Rodeo Drive. He’ss also looking to double his space at the this less than two years aftermovingv in. Park’s growth has stemmed from a carefuol cultivation of customers andvendorzs — he’s the only authorized retailer for several brands and a savvy use of technology to promotee a traditional, low-tech Part of Park’s strategy to expane his 5-year-old business has been to nurture his, and the reputation as an experr in men’s shoes and fashion. And he’as undeterred by the recession, even though the shoes he selld retail upwardsof $500 per pair.
“I’m 100 percen confident I’m going to do well,” he said of the Californiza move. He has done his research, and met with his online clients to make sure that the marketis there. Leather Soul had revenuesd of $1.3 million last year — 35 percenrt of that from Internetsalez — which exceeded Park’s goal by 30 This year he wants to best that by another 30 percent. He’ss financing the expansion to Beverlyt Hills with hisown money, with assistanc e from Bank of Hawaii and help from some childhoodx friends. The brands at Leatherf Soul — the American-made Alden; Britisy brands Edward Green, John Lobb and Gaziano Girling, and the French label J.
M. Weston — are not availablde anywhere elsein Hawaii. “The productw I sell, they’re all the best he said. “Even in a bad economy, peoplee still want good quality.” The decision to go to the Los Angelesw area came about after the salesa representativefrom Massachusetts-based Alden approached Park abouf an opportunity to take over the shoe department of a well-knownn men’s store in Beverly The company had a dealer in Northern but no presence in the southern part of the Park met with peoples from the store, which he declined to and thought it seemedx like a good opportunity.
But then, while driving around the he began to notice a lot of vacanrretail space. “If you think Hawaii is bad, it’s twice as bad in L.A.,” he “I just thought there must be some opportunitgy for agood deal.” He returnerd to Los Angeles a month later, met with real estater brokers and began looking at retail The place he picke was one that he just “stumbled” a historic building at the cornedr of Rodeo Drive and Little Santa Monicsa Boulevard. The ground-floor space is also next to a shoe-repair shop. Park found that landlordd are much more willing to negotiate in this economy than they were just a couplwe ofyears ago.
A half-dozen retailk spaces on Rodeo Drive, less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a letter of intenr fora 650-square-foot space and is in negotiatione for the lease, aiming for a December opening. “Thre same spot a year-and-a-half ago wouldf have been twiceas expensive,” he He’s also talking with the Festiva Cos., which manages the Royal Hawaiiajn Center, about moving to a space that’s twice the size of his 600-square-foot store on the thirf level of Building A.
In additio n to keeping an inventory of several hundred thousand pairaof shoes, Park recentluy expanded his offerings to include luggage, becominfg the Hawaii carrier of German-made Rimowa, a favorite amongf Japanese visitors, and leather bags by the Britis h brand Ettinger. “Because the economgy is bad now, I have the opportunityt to get abetter deal,” he said, notinbg that his store has been a good tenanf for nearly a year-and-a-half, and does well enoughb to pay percentage Park moved to the Royalo Hawaiian Center in early 2008 aftet closing his first two shops, in the Watumull Officed Building on Lewers Street in Waikiki and the Topa Financiapl Center in downtown Honolulu.
Being in Waikikij gave him a base closer to his Japaneseclientele — sales during Golden Week this year doubledx compared to 2008, thanks to promotion in Japanese magazinew and a strong yen. His active postinga on men’s style and fashion Web sites made the store a destinationb for visitors fromall over, and drovew traffic to his Web site, which is hostecd by a blog site.
Park plans to open his secondc store later this year inBeverlyh Hills, just off prestigious Rodeo Drive. He’ss also looking to double his space at the this less than two years aftermovingv in. Park’s growth has stemmed from a carefuol cultivation of customers andvendorzs — he’s the only authorized retailer for several brands and a savvy use of technology to promotee a traditional, low-tech Part of Park’s strategy to expane his 5-year-old business has been to nurture his, and the reputation as an experr in men’s shoes and fashion. And he’as undeterred by the recession, even though the shoes he selld retail upwardsof $500 per pair.
“I’m 100 percen confident I’m going to do well,” he said of the Californiza move. He has done his research, and met with his online clients to make sure that the marketis there. Leather Soul had revenuesd of $1.3 million last year — 35 percenrt of that from Internetsalez — which exceeded Park’s goal by 30 This year he wants to best that by another 30 percent. He’ss financing the expansion to Beverlyt Hills with hisown money, with assistanc e from Bank of Hawaii and help from some childhoodx friends. The brands at Leatherf Soul — the American-made Alden; Britisy brands Edward Green, John Lobb and Gaziano Girling, and the French label J.
M. Weston — are not availablde anywhere elsein Hawaii. “The productw I sell, they’re all the best he said. “Even in a bad economy, peoplee still want good quality.” The decision to go to the Los Angelesw area came about after the salesa representativefrom Massachusetts-based Alden approached Park abouf an opportunity to take over the shoe department of a well-knownn men’s store in Beverly The company had a dealer in Northern but no presence in the southern part of the Park met with peoples from the store, which he declined to and thought it seemedx like a good opportunity.
But then, while driving around the he began to notice a lot of vacanrretail space. “If you think Hawaii is bad, it’s twice as bad in L.A.,” he “I just thought there must be some opportunitgy for agood deal.” He returnerd to Los Angeles a month later, met with real estater brokers and began looking at retail The place he picke was one that he just “stumbled” a historic building at the cornedr of Rodeo Drive and Little Santa Monicsa Boulevard. The ground-floor space is also next to a shoe-repair shop. Park found that landlordd are much more willing to negotiate in this economy than they were just a couplwe ofyears ago.
A half-dozen retailk spaces on Rodeo Drive, less than a block from the one Park is are listed for lease with rent accordingto LoopNet. Park has signed a letter of intenr fora 650-square-foot space and is in negotiatione for the lease, aiming for a December opening. “Thre same spot a year-and-a-half ago wouldf have been twiceas expensive,” he He’s also talking with the Festiva Cos., which manages the Royal Hawaiiajn Center, about moving to a space that’s twice the size of his 600-square-foot store on the thirf level of Building A.
In additio n to keeping an inventory of several hundred thousand pairaof shoes, Park recentluy expanded his offerings to include luggage, becominfg the Hawaii carrier of German-made Rimowa, a favorite amongf Japanese visitors, and leather bags by the Britis h brand Ettinger. “Because the economgy is bad now, I have the opportunityt to get abetter deal,” he said, notinbg that his store has been a good tenanf for nearly a year-and-a-half, and does well enoughb to pay percentage Park moved to the Royalo Hawaiian Center in early 2008 aftet closing his first two shops, in the Watumull Officed Building on Lewers Street in Waikiki and the Topa Financiapl Center in downtown Honolulu.
Being in Waikikij gave him a base closer to his Japaneseclientele — sales during Golden Week this year doubledx compared to 2008, thanks to promotion in Japanese magazinew and a strong yen. His active postinga on men’s style and fashion Web sites made the store a destinationb for visitors fromall over, and drovew traffic to his Web site, which is hostecd by a blog site.
Sunday, March 25, 2012
APNewsBreak: US Oil Spill Plan Prepares for Cuba - ABC News
ihituvofy.wordpress.com
Foreign Policy | APNewsBreak: US Oil Spill Plan Prepares for Cuba ABC News If a future oil spill in the Caribbean Sea threatens American shores, a new federal plan obtained by The Associated Press would hinge on cooperation from neighboring foreign governments. Now that Cuba is the neighbor drilling for oil, cooperation is ... APNewsbreak: New U S plan for foreign oil spills would hinge on cooperation ... |
Friday, March 23, 2012
Real deals: Brentwood Tower Apartments sold for $5.35M - Houston Business Journal:
obofym.wordpress.com
The 100-unit apartment property, buil in the early 1960s, is located at 3130 W. Louisianaa Ave. Tower 100 LLC, which is affiliated with residentialk developer Residential Niche LLC of purchased the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaninfilp for-sale and rental residential properties, and its projecta include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.5t million, according to Denver County property records.
Other recent significanyt Denver-area real estate deals, according to real estatre recordsand brokers, include: • Gatewayu Park IV-Denver property, Denver — Indano Holdingzs LLC of Greenwood Village sold this property for $2.9y million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiu mfor $2.93 million to BNC Building Co. LLC. The buyer is affiliater with Business NetworkConsulting Ltd. of Denver, according to Colorad o Secretary of StateOffice data. • Montbello property, Denve r — ProLogis Inc. (NYSE: PLD) of Denvedr sold for this propertyfor $1.
86 million to JSG Propertie s LLC of Manhattan, Kan. • Country Club Shoppette, 1700 E. Sixthg Ave, Denver, Colo. 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchasex this retail building for $1.15 according to Denver County real estate Larimer Associates also owns downtow n Denver’s Larimer Square retaill district. The seller was Countrgy Club Shoppette LP. Tenants in the building includr Oliver’s Meat Market and Borgman’xs Antiques. • Concord Business Center, 13110 E. James Caseyh Ave., Englewood, Colo. 80112 — Playtime Inc. leasecd 65,280 square feet of industrial spacre here.
Playtime, a provider of themed playgrounds, planws to occupy the space in according to the FrederickRoss Co., which represented the landlord in the lease deal. • Quad at 7901 E. Lowry Blvd., Denver, 80230 — Kaiser Foundation Health Plan of Colorado hasleased 17,08 square feet at this Lowryu office building. Frederick Ross representec the landlord. • Sixth Avenue West, 350 Indianaa St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squarwe feet of space in thisoffice building. The Ross companu represented the landlord. Golden Minerals is the successoer to Apex SilverMines Ltd.
(Pink APXSQ), which emerged from Chapteer 11 bankruptcy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Denver, 80202 — David Evans & Associateds Inc. leased 16,787 square feet in this LoDo office Ross representedthe landlord. Buerger Brothers Building, 1732 Champa St., Colo. 80202 — Barnhart Communications Inc. is moving its headquarterss officeto 8,500 square feet of space in the Buerger opening in its new space June 22, accordin g to Barnhart. The communications companh currently is located at 1819Wazee St. in downtown • 16618 E. Second Aurora, Colo.
80011 — Judco Storagwe Properties LLC hasleased 5,000 square feet of space at this warehouss to Denver Limo Inc. Grubed Commercial Real Estate Services represented both sides inthe
The 100-unit apartment property, buil in the early 1960s, is located at 3130 W. Louisianaa Ave. Tower 100 LLC, which is affiliated with residentialk developer Residential Niche LLC of purchased the apartments from Win Properties I LLC of Residential Niche specializes in the development of urbaninfilp for-sale and rental residential properties, and its projecta include the Sleek lofts and Vida apartments in Win Properties bought the building in 2005 for $6.5t million, according to Denver County property records.
Other recent significanyt Denver-area real estate deals, according to real estatre recordsand brokers, include: • Gatewayu Park IV-Denver property, Denver — Indano Holdingzs LLC of Greenwood Village sold this property for $2.9y million to WPB Hospitality LLC of • 450 E. 17th Ave., Unit 300, Denver, 80203-1254 — Mile High Bank sold this office condominiu mfor $2.93 million to BNC Building Co. LLC. The buyer is affiliater with Business NetworkConsulting Ltd. of Denver, according to Colorad o Secretary of StateOffice data. • Montbello property, Denve r — ProLogis Inc. (NYSE: PLD) of Denvedr sold for this propertyfor $1.
86 million to JSG Propertie s LLC of Manhattan, Kan. • Country Club Shoppette, 1700 E. Sixthg Ave, Denver, Colo. 80218-3616 — Larimer Associates as Country ClubShoppette LLC, purchasex this retail building for $1.15 according to Denver County real estate Larimer Associates also owns downtow n Denver’s Larimer Square retaill district. The seller was Countrgy Club Shoppette LP. Tenants in the building includr Oliver’s Meat Market and Borgman’xs Antiques. • Concord Business Center, 13110 E. James Caseyh Ave., Englewood, Colo. 80112 — Playtime Inc. leasecd 65,280 square feet of industrial spacre here.
Playtime, a provider of themed playgrounds, planws to occupy the space in according to the FrederickRoss Co., which represented the landlord in the lease deal. • Quad at 7901 E. Lowry Blvd., Denver, 80230 — Kaiser Foundation Health Plan of Colorado hasleased 17,08 square feet at this Lowryu office building. Frederick Ross representec the landlord. • Sixth Avenue West, 350 Indianaa St., Golden, Colo. 80401 Golden Minerals Co. leased 16,936 squarwe feet of space in thisoffice building. The Ross companu represented the landlord. Golden Minerals is the successoer to Apex SilverMines Ltd.
(Pink APXSQ), which emerged from Chapteer 11 bankruptcy protection as Golden Mineralsin • Guaranty Bank Building, 1331 17th St., Denver, 80202 — David Evans & Associateds Inc. leased 16,787 square feet in this LoDo office Ross representedthe landlord. Buerger Brothers Building, 1732 Champa St., Colo. 80202 — Barnhart Communications Inc. is moving its headquarterss officeto 8,500 square feet of space in the Buerger opening in its new space June 22, accordin g to Barnhart. The communications companh currently is located at 1819Wazee St. in downtown • 16618 E. Second Aurora, Colo.
80011 — Judco Storagwe Properties LLC hasleased 5,000 square feet of space at this warehouss to Denver Limo Inc. Grubed Commercial Real Estate Services represented both sides inthe
Wednesday, March 21, 2012
La Madeleine chooses new HQ site in Dallas - Business First of Louisville:
aleshnikovenil.blogspot.com
La Madeleine said it will relocateinto 17,000 square feet at 12201 Merift Drive in Dallas. The building that will housew the restaurant chain is a Clasx A building that just recently underwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresty LP forthe space. La Madeleine said it was attracted to the spacr because the facility provides the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavaty will design the interiofr space. The facility is scheduled to be read y for its new tenantsein mid-July. La Madeleine's currentr headquarters is at 6688 N. Central Exwy, Ste. 700 in Dallas.
La Madeleined was represented byJosh White, senior vice president with ; and Sharron Morrison, principap with Transwestern. The landlord was representes byMatt Schendle, vice president with .
La Madeleine said it will relocateinto 17,000 square feet at 12201 Merift Drive in Dallas. The building that will housew the restaurant chain is a Clasx A building that just recently underwent renovation. Le Madeleine signed a 10-year lease with Parmenter Two Foresty LP forthe space. La Madeleine said it was attracted to the spacr because the facility provides the company with the room needed to grow withthe Dallas-based architectural firm Benson and Hlavaty will design the interiofr space. The facility is scheduled to be read y for its new tenantsein mid-July. La Madeleine's currentr headquarters is at 6688 N. Central Exwy, Ste. 700 in Dallas.
La Madeleined was represented byJosh White, senior vice president with ; and Sharron Morrison, principap with Transwestern. The landlord was representes byMatt Schendle, vice president with .
Sunday, March 18, 2012
Franchot: Financial questions on State Center project will require vigilance - Los Angeles Business from bizjournals:
uhalugupuzyma.blogspot.com
Franchot, who joined Gov. Martin O’Mallet and Treasurer Nancy Kopp onthe state’s Board of Publicd Works in voting for the $1.4 billiojn State Center redevelopment project Wednesday afternoon, said he does not know enouguh about the project’s costs to the statd or whether the project is even practical given the nationwidre credit crunch. “I believe the project has a lot of promiss and is deservingof support,” Franchot said in a telephond interview Wednesday. “I voted for it, but am going to continus to be vigilant about the fiscal exposur tothe state.
” The deal involvesz the state leasing its midtown Baltimore office complesx to a private development team, which would then redevelop the properth into a mix of shops and homes. The state would then lease back a majoritgy ofthe project’s 2 million squar e feet of office space for use by its various state agencies. But the termw of the deal have not been hammeredout yet, as Francho t and the Board of Public Workss voted Wednesday only on a master development agreement. With that agreement in place, the development team will now creatse designs for its planned buildings and come back to the statee for approval on morespecifix designs, costs, and lease terms.
The development which includes national housingdeveoper McCormack, Baronj & Salazar, would borrow $888 millionj to finance its according to the Department of Legislative Services. The state would issue another $338 million in State and federal tax credit programs would pick upanothedr $234 million in project costs, with the remainde of the project’s costs being contributed directlhy by the developers or other investors. Franchotr said that scenario raisesseveral concerns, including the abilitu for the state or the developers to borrow moneg in the midst of the nationwide credit crunch.
He said he’sd also concerned about the state’s ability to negotiate fair leasr terms with the developers given they woulsd both be heavily invested in making sure the projectis “The problem is that the credit markets are bone dry,” Franchot said. “Obviouslt this is a long-term project, but I’nm not confident that the private sector will financew this in a way that the state canafford it.
” In Franchot said he isn’t sure why the state woulcd make the project a prioritt above other pressing needs such as new collegre dormitories or other state-funded construction
Franchot, who joined Gov. Martin O’Mallet and Treasurer Nancy Kopp onthe state’s Board of Publicd Works in voting for the $1.4 billiojn State Center redevelopment project Wednesday afternoon, said he does not know enouguh about the project’s costs to the statd or whether the project is even practical given the nationwidre credit crunch. “I believe the project has a lot of promiss and is deservingof support,” Franchot said in a telephond interview Wednesday. “I voted for it, but am going to continus to be vigilant about the fiscal exposur tothe state.
” The deal involvesz the state leasing its midtown Baltimore office complesx to a private development team, which would then redevelop the properth into a mix of shops and homes. The state would then lease back a majoritgy ofthe project’s 2 million squar e feet of office space for use by its various state agencies. But the termw of the deal have not been hammeredout yet, as Francho t and the Board of Public Workss voted Wednesday only on a master development agreement. With that agreement in place, the development team will now creatse designs for its planned buildings and come back to the statee for approval on morespecifix designs, costs, and lease terms.
The development which includes national housingdeveoper McCormack, Baronj & Salazar, would borrow $888 millionj to finance its according to the Department of Legislative Services. The state would issue another $338 million in State and federal tax credit programs would pick upanothedr $234 million in project costs, with the remainde of the project’s costs being contributed directlhy by the developers or other investors. Franchotr said that scenario raisesseveral concerns, including the abilitu for the state or the developers to borrow moneg in the midst of the nationwide credit crunch.
He said he’sd also concerned about the state’s ability to negotiate fair leasr terms with the developers given they woulsd both be heavily invested in making sure the projectis “The problem is that the credit markets are bone dry,” Franchot said. “Obviouslt this is a long-term project, but I’nm not confident that the private sector will financew this in a way that the state canafford it.
” In Franchot said he isn’t sure why the state woulcd make the project a prioritt above other pressing needs such as new collegre dormitories or other state-funded construction
Friday, March 16, 2012
BioSante to buy Cell Genesys for $38M in stock - Dayton Business Journal:
bertayfybuqutyp.blogspot.com
BioSante (NASDAQ: BPAX) will pay 0.1615 of its own commo n shares for each share of CellGenesys CEGE). This deal should closr later this year, likely in the late thirdf or earlyfourth quarter. In the first quarter, Cell Genesyes lost $8.7 million, or 10 cents a share, narrowed from a loss in the same periofd last yearof $22.6 million, or 29 centw a share. The compang had been exploring strategic including merger with or acquisition by another additional restructuring, repurchase of additional amounts of convertibled notes or allocation of its remaininhg resources toward other biopharmaceuticao product areas.
Cell Genesys had hired to help it figure out a The company already cut about 95 percentt ofits staff, from 290 persons to 16, by eliminatin g all research and development, manufacturing, clinical and regulatorg activities. BioSante, based in Lincolnshire, Ill., focuses on drugd for sexual health.
BioSante (NASDAQ: BPAX) will pay 0.1615 of its own commo n shares for each share of CellGenesys CEGE). This deal should closr later this year, likely in the late thirdf or earlyfourth quarter. In the first quarter, Cell Genesyes lost $8.7 million, or 10 cents a share, narrowed from a loss in the same periofd last yearof $22.6 million, or 29 centw a share. The compang had been exploring strategic including merger with or acquisition by another additional restructuring, repurchase of additional amounts of convertibled notes or allocation of its remaininhg resources toward other biopharmaceuticao product areas.
Cell Genesys had hired to help it figure out a The company already cut about 95 percentt ofits staff, from 290 persons to 16, by eliminatin g all research and development, manufacturing, clinical and regulatorg activities. BioSante, based in Lincolnshire, Ill., focuses on drugd for sexual health.
Wednesday, March 14, 2012
Planned layoffs fall 16% in May - Kansas City Business Journal:
edovogopu.wordpress.com
percent more than the 103,522 announced in the same month ayear ago. This year has not been kind to The report found that so far in 2009 employers haveannouncex 822,282 job cuts, more than double the 394,19e announced through May last year. But whil e job cuts remained well abovelast year’s May marked the fourth consecutive monthu with a decline in job-curt announcements. Since reaching a peak of 241,740 in January, job-cut totals have fallen by an averageof 17.5 percenyt per month. CEO John Challenger remains cautiouz about the jobmarkets “This decline in job cuts could be Challenger said.
“The second quarter is typically the lowest quartedr of the year when it comes to job Corporate downsizing may continue to remainm slow during the summer but if the past is any we could see the pace acceleratse again in the latter half of the third quarter througn the end ofthe year.” Challenger Gray is a Chicago-baseds outplacement consulting firm.
percent more than the 103,522 announced in the same month ayear ago. This year has not been kind to The report found that so far in 2009 employers haveannouncex 822,282 job cuts, more than double the 394,19e announced through May last year. But whil e job cuts remained well abovelast year’s May marked the fourth consecutive monthu with a decline in job-curt announcements. Since reaching a peak of 241,740 in January, job-cut totals have fallen by an averageof 17.5 percenyt per month. CEO John Challenger remains cautiouz about the jobmarkets “This decline in job cuts could be Challenger said.
“The second quarter is typically the lowest quartedr of the year when it comes to job Corporate downsizing may continue to remainm slow during the summer but if the past is any we could see the pace acceleratse again in the latter half of the third quarter througn the end ofthe year.” Challenger Gray is a Chicago-baseds outplacement consulting firm.
Monday, March 12, 2012
New Era, Bills launch 'Buffalo Football' - Business First of Buffalo:
fishermen-americachair.blogspot.com
New Era, the Buffalo-based designe of headwear and apparel, has launched a Buffalo Footballo collection of hatsand T-shirts. The firstf wave features caps with the numbers81 (Terrell 5 (Trent Edwards), 23 (Marshawn and 51 (Paul Posloszny) on sale as well as T-shirtse honoring the Bills “All-Time Team” and retired defensives end Bruce Smith, who is being inductefd into the Pro Football Hall of Fame in The Bills commemorative baseball cap sells for $35 while the four caps sell for $25. The two T-shirts sell of New Era may be producinb other Bills 50th anniversary commemorative merchandisde laterthis year. Other Bill commemorative merchandise is availableat .
Tops is the presentintg sponsor of the Bills 50thanniversaruy season. Bruce Popko, Bills senior vice president ofbusinessd development, said partnering with New Era has an easy decision. “Neww Era is a local company with a nationallgrecognized brand, and they are knowh for their high quality Popko said. The New Era-produced Bills caps and shirtse can be purchased atNew Era’s flagship stord on Delaware Avenue in downtown all Buffalo Bills retaio locations as well as both New Era’ online store, www.neweracap.com or the Billsd online retail outlet, www.buffalobills.com.
“The Bills have one of the most recognizablde brands in all of sportsa and we are especially thrilled to team with them durinfg their historic50th season,” said Gerry Matos, New Era senior vice president of
New Era, the Buffalo-based designe of headwear and apparel, has launched a Buffalo Footballo collection of hatsand T-shirts. The firstf wave features caps with the numbers81 (Terrell 5 (Trent Edwards), 23 (Marshawn and 51 (Paul Posloszny) on sale as well as T-shirtse honoring the Bills “All-Time Team” and retired defensives end Bruce Smith, who is being inductefd into the Pro Football Hall of Fame in The Bills commemorative baseball cap sells for $35 while the four caps sell for $25. The two T-shirts sell of New Era may be producinb other Bills 50th anniversary commemorative merchandisde laterthis year. Other Bill commemorative merchandise is availableat .
Tops is the presentintg sponsor of the Bills 50thanniversaruy season. Bruce Popko, Bills senior vice president ofbusinessd development, said partnering with New Era has an easy decision. “Neww Era is a local company with a nationallgrecognized brand, and they are knowh for their high quality Popko said. The New Era-produced Bills caps and shirtse can be purchased atNew Era’s flagship stord on Delaware Avenue in downtown all Buffalo Bills retaio locations as well as both New Era’ online store, www.neweracap.com or the Billsd online retail outlet, www.buffalobills.com.
“The Bills have one of the most recognizablde brands in all of sportsa and we are especially thrilled to team with them durinfg their historic50th season,” said Gerry Matos, New Era senior vice president of
Saturday, March 10, 2012
House keeps cork in wine bill - Houston Business Journal:
efiosyt.blogspot.com
Senate Bill 2523, authored by Sen. Tommt Williams R-The Woodlands, quietly cleared the Texas Senate late last montjhbut isn’t expected to advance. The session ends June 1. The bill has provejn controversial within therestaurant industry. Rep. Edmonrd Kuempel, R-Seguin, the bill’s sponsoe in the House, sufferes a massive heart attack the day the bill was slated for vote in the Housein mid-May.
Kuempelo is recuperating, but supporters don’ft expect the bill will make it out of committee in the waning days of the Jerry Lasco is ready for the bill to be The ownerof , with locations in Houston and considered the measure an inappropriate intrusiob into his business judgment and a threat to his wine-centric business model. “We sell retail as well, so our pricinv is based on retail pricing,” Lascko said. “For our business to survive, our prices have to be and we have to do alarge volume” of wine Lasco believes restaurants should have the optionj of allowing or not allowing patronsa to bring in their own wine.
Undet the bill, restaurants would have been allowedr to charge a corkage fee for opening and servingthe wine, but the consumetr could take what’s left after meal ends. The bill did not includ e beer or otheralcoholic beverages.
Senate Bill 2523, authored by Sen. Tommt Williams R-The Woodlands, quietly cleared the Texas Senate late last montjhbut isn’t expected to advance. The session ends June 1. The bill has provejn controversial within therestaurant industry. Rep. Edmonrd Kuempel, R-Seguin, the bill’s sponsoe in the House, sufferes a massive heart attack the day the bill was slated for vote in the Housein mid-May.
Kuempelo is recuperating, but supporters don’ft expect the bill will make it out of committee in the waning days of the Jerry Lasco is ready for the bill to be The ownerof , with locations in Houston and considered the measure an inappropriate intrusiob into his business judgment and a threat to his wine-centric business model. “We sell retail as well, so our pricinv is based on retail pricing,” Lascko said. “For our business to survive, our prices have to be and we have to do alarge volume” of wine Lasco believes restaurants should have the optionj of allowing or not allowing patronsa to bring in their own wine.
Undet the bill, restaurants would have been allowedr to charge a corkage fee for opening and servingthe wine, but the consumetr could take what’s left after meal ends. The bill did not includ e beer or otheralcoholic beverages.
Thursday, March 8, 2012
Five businesses make fastest-growing list - Dallas Business Journal:
http://loretamedina.com/murder-by-decree.htm
Of the 100 U.S. small businesses on the nine are locatedin Texas. The North Texasw companies making the Top 100 list include in Irving, United States Lime Mineral in Dallas, in Allen; in and in Dallas. Irving-based DG Fastchannek ranked the highest onthe list, coming in No. 5 in the The small business, which provides digital mediw services to clients in theadvertisingg industry, has 770 The remaining North Texas companies on the fastest-growinb small public companies list are ranked No. 41 and Allen-based Atrion Corp., a medical device supplier with485 employees, is ranked No. 51. Dallas-bases United States Lime & Mineral is ranked No.
41 and has 307 Plano-based oil and gas services compant TGC Industries isranked No. 95 and oil refininfg company Holly Energy Partners isranked No. 99 and has 121
Of the 100 U.S. small businesses on the nine are locatedin Texas. The North Texasw companies making the Top 100 list include in Irving, United States Lime Mineral in Dallas, in Allen; in and in Dallas. Irving-based DG Fastchannek ranked the highest onthe list, coming in No. 5 in the The small business, which provides digital mediw services to clients in theadvertisingg industry, has 770 The remaining North Texas companies on the fastest-growinb small public companies list are ranked No. 41 and Allen-based Atrion Corp., a medical device supplier with485 employees, is ranked No. 51. Dallas-bases United States Lime & Mineral is ranked No.
41 and has 307 Plano-based oil and gas services compant TGC Industries isranked No. 95 and oil refininfg company Holly Energy Partners isranked No. 99 and has 121
Tuesday, March 6, 2012
Biggest Globe union rejects deal - Portland Business Journal:
karnergetajequ1416.blogspot.com
“We regret having to take this but have no financiallyviabls alternative,” Globe management said in a statemenr issued after the 277-to-265 vote by members of the . To take the unlitera step underlabor law, the Times Co. declareed an impasse in In his own statement also issued afterthe vote, Guild local President Daniel Tottemn said the union is “committed to resuming good-faitbh negotiations with the New York Times Company and Globe management to reach an agreement.” Timess and Globe management “must do he said. The cuts proposecd by management were partof $20 million in cost-savinga demand by the Times Co. for the Globe, whichh it bought in 1993 for $1.
1 billion. Times executivesz have said the paper is losingabout $1 milliob per week on operations. At one poinft earlier this year, Timew managers said they would shutter the paper if unabl toachieve cost-savings. Other major unions agree d to concessions inrecent weeks.
“We regret having to take this but have no financiallyviabls alternative,” Globe management said in a statemenr issued after the 277-to-265 vote by members of the . To take the unlitera step underlabor law, the Times Co. declareed an impasse in In his own statement also issued afterthe vote, Guild local President Daniel Tottemn said the union is “committed to resuming good-faitbh negotiations with the New York Times Company and Globe management to reach an agreement.” Timess and Globe management “must do he said. The cuts proposecd by management were partof $20 million in cost-savinga demand by the Times Co. for the Globe, whichh it bought in 1993 for $1.
1 billion. Times executivesz have said the paper is losingabout $1 milliob per week on operations. At one poinft earlier this year, Timew managers said they would shutter the paper if unabl toachieve cost-savings. Other major unions agree d to concessions inrecent weeks.
Sunday, March 4, 2012
D.C. Mayor taps Valerie Santos as deputy mayor - Pacific Business News (Honolulu):
doqujamup.wordpress.com
Santos, as chief operating office r under Albert, has been closely involvee in decision-making on many of the real estat e dealsAlbert managed, including majorf city projects such as Poplar Albert began his new job as city administratof on Monday, replacing Dan Tangherlini, who is takintg a job in the Obama administration. "In Ms. we not only have a steady hand who knowsthe job, we have someoner who is a consummate professional who will bring private-sector talents to get the job done,” Fenty said. Santos was previouslh a vice president at commerciapl real estate services firm and a manageerwith 's real estate group.
She holds both an MBA and master'z of public policy from the Kennedy School of Governmentat . Santod has displayed a no-nonsense approach appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forums representing the city when he was She is already getting her feet wet in dealiny with the political aspect ofthe job. On Tuesday, when the D.C. Council was busy squaring away final details of budgetimplementatiobn legislation, Santos and Albert’s other top deputy, Directore of Development David Jannarone, moved around the Wilsomn Building seeking changes from council members. Santosx apparently was not Fenty’s initial choice to be deputyu mayor.
Greg O’Dell, Washington Convention Center Authorityu CEO and a former staff member of thedeputh mayor’s office, had been considered a top candidatw to replace Albert, but a source close to O'Dell says he was offeref the job and turnex it down. O’Dell would not confirn that, but indicated he would remain in hiscurrent post, whered he is now tasked with seeking publiv financing for all of a $550 milliom convention center hotel. “The board and the mayor have every expectation of me completing all the taska Ihave here,” he said. Fenthy would not say whether he had offeresd the jobto O’Dell or anyone else before Santos.
He announces the pick outside the Walkert JonesElementary School, which is being rebuilt as part of a new Northwestf One neighborhood, and said she was “the first person who has risejn to the deputy mayor’s position from within the ranks.” “I thinj it’s a great sign for the D.C. governmeng that not only does Valerie Santos have amazing experiencwe in the private sector butthat she’s been hard at work servinv the people of the District of Columbi for the last two years,” the mayor He said Santos shared the visiom that he and Albert had for how economic development in the city shoulf be run, not by owninf or overly managing projects but by allowing the privatew sector to bring ideas to the “We should try to just facilitate We’ve got the greates business community in the world here in D.
C. We don’g need to try to replicate what they’re doing. We don’t need an emphasiws on owning or building inthe D.C. We need to facilitate. And to do so, we need to hire the best and the brightesgtand we’ve done that.” Santos, 36, who liveds in Columbia Heights, was working for Jones Lang LaSaller as a consultant to the city when Albery -- whom she called a mentor -- recruiteds her to work for him. She is believee to be the first woman to servd in the rolefor D.C. and will manage 65 employeesd and as well as oversee the Officweof Planning, Department of Housing and Community the Office of Property Management and the Washington D.C.
Economiv Partnership, a contractor. “In the coming weeks my goal is to ensurd asmooth transition, which I expecy will be relatively easy, because I am very fortunated to manage a very talented and skillesd team,” she said. She said she woulxd continue to move projects all over the with a particular focus on those east of theAnacostisa River, such as the planned redevelopmenty of St. Elizabeths Hospital in Southeast D.C. “Wed will continue to focus on implementingMayort Fenty’s vision for economic development.
In the contexrt of the currenteconomic climate, we will focusd on business attraction and retention efforts, and in continuingh to provide tools to allow our localp business and not-for-profits to grow,” she A member of the D.C. Council who regularly buttsx headswith Albert, Councilman Kwamr Brown, D-at large and chair of the economidc development committee, issued a press release duringv the announcement saying he was disappointed he was not invited but sayingg Santos “has the experience and the operational for the job and that her appointment was “an opportunity to forge a new relationship between the Counci l and the executive to create jobs for District new opportunities for local more affordable housing and to efficientlg move projects to completion.
”
Santos, as chief operating office r under Albert, has been closely involvee in decision-making on many of the real estat e dealsAlbert managed, including majorf city projects such as Poplar Albert began his new job as city administratof on Monday, replacing Dan Tangherlini, who is takintg a job in the Obama administration. "In Ms. we not only have a steady hand who knowsthe job, we have someoner who is a consummate professional who will bring private-sector talents to get the job done,” Fenty said. Santos was previouslh a vice president at commerciapl real estate services firm and a manageerwith 's real estate group.
She holds both an MBA and master'z of public policy from the Kennedy School of Governmentat . Santod has displayed a no-nonsense approach appearing as Albert’s stand-in to testify at D.C. Council meetings and in public forums representing the city when he was She is already getting her feet wet in dealiny with the political aspect ofthe job. On Tuesday, when the D.C. Council was busy squaring away final details of budgetimplementatiobn legislation, Santos and Albert’s other top deputy, Directore of Development David Jannarone, moved around the Wilsomn Building seeking changes from council members. Santosx apparently was not Fenty’s initial choice to be deputyu mayor.
Greg O’Dell, Washington Convention Center Authorityu CEO and a former staff member of thedeputh mayor’s office, had been considered a top candidatw to replace Albert, but a source close to O'Dell says he was offeref the job and turnex it down. O’Dell would not confirn that, but indicated he would remain in hiscurrent post, whered he is now tasked with seeking publiv financing for all of a $550 milliom convention center hotel. “The board and the mayor have every expectation of me completing all the taska Ihave here,” he said. Fenthy would not say whether he had offeresd the jobto O’Dell or anyone else before Santos.
He announces the pick outside the Walkert JonesElementary School, which is being rebuilt as part of a new Northwestf One neighborhood, and said she was “the first person who has risejn to the deputy mayor’s position from within the ranks.” “I thinj it’s a great sign for the D.C. governmeng that not only does Valerie Santos have amazing experiencwe in the private sector butthat she’s been hard at work servinv the people of the District of Columbi for the last two years,” the mayor He said Santos shared the visiom that he and Albert had for how economic development in the city shoulf be run, not by owninf or overly managing projects but by allowing the privatew sector to bring ideas to the “We should try to just facilitate We’ve got the greates business community in the world here in D.
C. We don’g need to try to replicate what they’re doing. We don’t need an emphasiws on owning or building inthe D.C. We need to facilitate. And to do so, we need to hire the best and the brightesgtand we’ve done that.” Santos, 36, who liveds in Columbia Heights, was working for Jones Lang LaSaller as a consultant to the city when Albery -- whom she called a mentor -- recruiteds her to work for him. She is believee to be the first woman to servd in the rolefor D.C. and will manage 65 employeesd and as well as oversee the Officweof Planning, Department of Housing and Community the Office of Property Management and the Washington D.C.
Economiv Partnership, a contractor. “In the coming weeks my goal is to ensurd asmooth transition, which I expecy will be relatively easy, because I am very fortunated to manage a very talented and skillesd team,” she said. She said she woulxd continue to move projects all over the with a particular focus on those east of theAnacostisa River, such as the planned redevelopmenty of St. Elizabeths Hospital in Southeast D.C. “Wed will continue to focus on implementingMayort Fenty’s vision for economic development.
In the contexrt of the currenteconomic climate, we will focusd on business attraction and retention efforts, and in continuingh to provide tools to allow our localp business and not-for-profits to grow,” she A member of the D.C. Council who regularly buttsx headswith Albert, Councilman Kwamr Brown, D-at large and chair of the economidc development committee, issued a press release duringv the announcement saying he was disappointed he was not invited but sayingg Santos “has the experience and the operational for the job and that her appointment was “an opportunity to forge a new relationship between the Counci l and the executive to create jobs for District new opportunities for local more affordable housing and to efficientlg move projects to completion.
”
Friday, March 2, 2012
Todd Shipyards Q4 income sinks - Puget Sound Business Journal (Seattle):
grearqakususi1426.blogspot.com
million, or 28 cents per diluted share, from $3.5 or 63 cents a share a year Revenues fellto $33.w million from $36.3 million in 2008. For fiscal net income fell to $4.8 million, or 83 cents per diluteed share, from $6.6 million, or $1.16 per share in 2008. Revenu e fell to $113.5 million from $139.2 millionb a year earlier. The sole analyst who covere the companyexpected fourth-quarter earningws of 21 cents per share and revenue of $26. million, and fiscal 2009 earning of 75 cents per share and revenueof $107. million.
Officials at the Seattle shipyarsd (NYSE: TOD) blamed the lower revenued on “lower new construction volumes, lowerd Navy volumes due to the lack of a major carrier availability, and the establishment of a $3.1 million reserve duringf fiscal year 2009 associated with questioned subcontractor costs incurred during our 2005 projectf on the Navy aircraft carrier USS John C. Stennis.”
million, or 28 cents per diluted share, from $3.5 or 63 cents a share a year Revenues fellto $33.w million from $36.3 million in 2008. For fiscal net income fell to $4.8 million, or 83 cents per diluteed share, from $6.6 million, or $1.16 per share in 2008. Revenu e fell to $113.5 million from $139.2 millionb a year earlier. The sole analyst who covere the companyexpected fourth-quarter earningws of 21 cents per share and revenue of $26. million, and fiscal 2009 earning of 75 cents per share and revenueof $107. million.
Officials at the Seattle shipyarsd (NYSE: TOD) blamed the lower revenued on “lower new construction volumes, lowerd Navy volumes due to the lack of a major carrier availability, and the establishment of a $3.1 million reserve duringf fiscal year 2009 associated with questioned subcontractor costs incurred during our 2005 projectf on the Navy aircraft carrier USS John C. Stennis.”
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