Two Colorado stimulus-funded road projects start - Denver Business Journal:

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• The $4.7 millioj resurfacing of a three-mile stretch of Colfasx Avenue between Kipling Street andSheridan Boulevard. The contractor is Asphaltt Paving Co. of Golden; the project is scheduled to be finishef by the endof September. The Colfax segmen t carries about 27,800 vehicles a day and is rateein “poor” condition by CDOT. • The $2.8 millionn resurfacing of University Boulevardbetweej C-470 and Arapahoe Road. The contractor for the Universityt project is LaFarge Westof Longmont; the projecy is scheduled to be done by the end of The University segment carries about 32,0009 vehicles a day and is rated in condition by CDOT.
In all, Colorado will receive more than $400 million for transportation projectsand $103 million for transit projectws through the American Recovery and Reinvestment Act. The two projecta started Mondayare CDOT’ss third and fourth stimulus-related road projects to get started in the Denvert area. The first two Denver-area stimulus projects were a $407,407 effory to resurface Belleview Avenue between Federal Boulevardf and SantaFe Drive, which startede May 19 with a groundbreaking ceremony attendecd by Gov. Bill Ritter, CDOT’s executive director Russ George, and local and federa officials. Later that same day, New Designb Construction Co. of Denver started a $1.
4 milliojn project to repair concrete slabs on about three miles of Interstate between Wadswortb Boulevard andKipling Street.

Dedicated employees, loyal clients keep 30-year-old company on the grid - bizjournals:

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While Quigley concedes he can’t alway s make the lowest offer on aggressively competitiveconstructio bids, clients continue to call on his 30-year-old company because of their relationship with Terry’s “We’ve got a good reputation in the industry. We’ve alwayx done right by our customers. If we’ve had a job, we’vs come through for them,” Quigley said, who creditsa his employees with being a key factor inthe company’sd success.
The company — which has completec projects such asthe 360,000-square-foot Orlando Magic RDV Sportspledx and the 10-story, 1,338-suitse Caribe Royale Resort & Convention Center — most recently finished the 100,000-square-foo t KOA Elementary School in The opening of Walt Disney Worlx was a major factor in choosing the company’e headquarters, said Quigley, who movef to Florida from Kansas City, Mo., in 1978. In Quigley sold the business to a utilities compantyin Hartford, Conn., and then bought it back in Decembefr 2006. Though Terry’s Electrif finished 2008 with $38.
5 million in revenue, Quigley said he has been forcesd to cut back significantly due to the effect of the economy onconstruction and, more the residential market. Quigley said the which previously brought inabout $1 million a month in residential is now lucky to do $100,000 a month. the company’s biggest project is International Drive’s 34-story Peabody Orland expansion, which will keep workers busy untilpSeptember 2010. The project includes a new 750-rooj hotel tower, 650,000 squarse feet of convention space and a privatewatet park.
Looking ahead, Quigley said several hote projects are in the and he has utility work to fall back on for including FloridaPower Light, Progress Energy and the Orland o Utilities Commission. Quigley also finds comfort knowingg his company is faring better than most of itscompetitorsw — which makes him optimistic about its ability to persevere through the down economy. In Quigley hopes to retiree next year, leaving his namesakw company in the hands of his Threeof Quigley’s seven children, all of whom have workef for the company at some point, currentlyg work for Terry’s Electric.
His stepson, Mark recently was promoted to president of the And Quigley’s wife, Jeanne, is the company’s executiv vice president.

Snap Fitness scours D.C. area for gym space - The Business Journal of Milwaukee:

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A dozen Snap Fitness locationas have opened between Northern Virginia and Baltimore over thepast year. “Mangy of them started off in areas like Ashburnm and Manassas and we are the firsty to go inside the beltwahy in the middle of adensr population,” said Snap Fitness franchise owner Dave Rudy, who just openex the 2,400 square-foot, renovated space in Old The former executive with Ikon Offic Solutions Inc., who recently completesd three Ironman triathlons, has signed on with Snap Fitnessz to open three locations but first wants to make sure the firsf one is fully operational.
He is scouring similat busy marketplaces aroundshopping areas, including Clarendon and possibly Crystal City. No specificx locations have beenidentified yet, said Glen Ulick, senior associate in Grubb & Ellis’ Baltimored office, who is helping Rudy sign his next two He will likely focus on Arlington, and/or east Fairfax. said “Most folks are not used to seeing fitness facilitieas in high traffic retail areas but the response has been positiv e from folks who live and work inthe [Old area,” said Rudy. “Two doors down is one of the top running stores in the so clients are already comin tothis block.
” The gym’s conceptg does not include bells and whistlews like fancy spas and saunas, he but rather straight workour equipment. The Chanhassen, six-year-old fitness chain says more than 1,800 Snap locationsx have been sold worldwide, with some 30 to 40 new storeaadded monthly. “It’s because peoplw refuse to giveup fitness. We are about makinb it fast, valuable and said Rudy.

NCR refutes criticism from Ohio officials - Dayton Business Journal:

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The (NYSE: NCR) when Dayton-area and Ohio leaderd tried to contact the company abour rumors it wasleaving town, saying NCR often did not returnj calls or e-mails. NCR issued a statement Wednesday, stating its side of things and implying its levep of interaction with local and statwe officials was misrepresented byarea leaders. “Ww have met regularly with state of Ohio and Daytobn officials to discuss the business environmentand NCR’s The decision was not made solely on singl e factors, such as financial incentives. It was baseed on a very careful and comprehensive situation analysis of our employmen t centers using independent thirdpartt data,” according to NCR.
“Thr broad range of criteria used for the revieqw of the locations includeavailable workforce, infrastructure, incentives the government tax structure and benefitw to NCR employees, future employees and stakeholders.” Compan spokespeople would not provide specifics of meetings with governmen t officials and refused to disclose when their analysis begam or where Ohio rankedd in that analysis. The statement comes after officialxs from the cityof Dayton, Montgomery County and Ohio gatheresd on the footsteps of the Old Courf House in downtown Dayton Tuesday to slam NCR. Lt. Gov.
Lee Fishetr said the NCR standsfor “No opportunit y to Communicate or Respond,” and officialx joined in by telling reporters that all thei efforts to engage the company duringf the past two years were rebuked. Fisher said NCR was one of the firsy companiesOhio Gov. Ted Strickland and he reached out to when electein 2007. Despite numerous overtures, the firs time Strickland actually talked to Nuti was on the eve of therelocationb announcement, Fisher said. Nan Whaley, Daytom city commissioner, accused the company of failingt to convey itstrue intentions.
City officials laid out a timetablre they say shows the company was not as responsive the requestds for meetings as it shouldhave been. According to the city of • In October 2008, Dayton officials requestedc a meeting with the highesrt ranking localNCR officials, but that was deniee by NCR. • In January the city tried to geta meeting, but was unablr to. • In February, city and state officials had a meetingb with three company officials in They were supposed to meet with Chieft Executive OfficerBill Nuti, but he did not • On April 20, a meeting with state, county and city officials took place with NCR officials, whic h was a pre-meeting for anothet planned April meeting.
• NCR canceled the second Apri meeting and rescheduledfor May. • NCR then cancelee the May meeting. Dayton did not provide meetin dates prior toOctober 2008.

N.C. foreclosure filings drop - San Antonio Business Journal:

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North Carolina ranked 36th in the natiomn for foreclosure filingslast month. Foreclosure filingsa in the state fellnearly 16.1 percent in May from April. Across the foreclosure filings rose 18 percent in May from ayear ago. Therre were 321,480 foreclosure filings nationwide, which affected one in evert 398 U.S. households. Nevada, California and Florida postede the top foreclosure rateslast month. Filingzs nationwide fell 6 percent in Mayfrom April. Irvine, Calif.-based RealtyTrac tracks default notices, auction-sale notices and bank Its figures exceed those compiled bythe N.C. Commissioneer of Banks.
The company counts everty foreclosure filing, including multiple filings for asingled household. The commissioner counts each household only regardless of the number of filingwit receives.

Port San Antonio tenant begins air cargo service to Mexico - Baltimore Business Journal:

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, the port’s foreighn trade zone operator, will host the servicwe on Mexpress. LOGITEX USA will serv as the sales agent. Mexpress is an air cargp transportation company that catersto small- to medium-sizec companies that need to ship less than a trailer load of Mexpress, in turn, will aggregate the cargo and ship customers’ materialsd out via air cargo shippers at the port threse times a week. “Thie service will be very important to companiess in need of air cargo transport between our regio and the strategic cargo centersin Mexico,” says Jorge Canavati, vice president of business development for Port San Antonio.
“Ar the same time it is an efficient tool for smal and medium sized companies that need to ship a pallert or two ata time.” The companies involve d in this partnership envision offering this service to other markets in Mexico and Central America. The companiees could also serve as a feeder to and from Asia throug h international aircargo hubs. “Wde are opening new trade horizons in dealing with PortSan Antonio.” Mexpres President Carlos Duron says.

Athletic ability leaves Schalke shell-shocked - CNN

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Athletic ability leaves Schalke shell-shocked CNN (CNN) -- A glorious attacking display by Athletic Bilbao earned the Spanish side a 4-2 win at Schalke in the first leg of the Europa League quarterfinals at the Veltins Arena on Thursday. Fernando Llorente put Athletic ahead in the 20th minute poking ... and more »

Opus West Corp. plans bankruptcy filing - Austin Business Journal:

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Since April, dozens of subcontractoras have filed liens totaling morethan $4 million againsyt Opus Group and Phoenix-based Opus West tied to Two Addison Circle, a $23 million, 198,000-square-foo t speculative office building in The building was developed and is ownexd by Opus West Corp. The liens claim Opus owes the subcontractorss for labor or materials provided in the course of The six-story Two Addison Circle buildint on the west side of the Dallaw North Tollway just north of Arapaho Road was recently but has no tenants.
The credit crunch and slowing demandx for office space have left Opus unabls to get permanent financing to replacethe short-term constructiob loan on the Addison project, an Opus spokeswoman told the Dallasw Business Journal last month. Officials with Opus West coulr not immediately be reached for comment forthis story. Othee Opus West Corp. projects in North Texas include the 121 Lakepointe an office and industrial developmentin Lewisville, and Broadstonee Parkway, a 5.8-acre mixed-use project at 5005 Galleria Drived in North Dallas. , which is basede in Minnetonka, Minn.
, is a design-build development firm that specializezsin office, industrial, multifamily, government and institutional It also controls Washington-based LLC, which filed for Chapter 7 liquidation this according to the Washington Business Journal. Opus Groulp said its Opus South subsidiary, which is based in filed for reorganization in bankruptcy court onApril 22. In a preparee statement, Opus Group said the bankruptchy filings are a result of a steelp decline in commercial real estate values and difficulty creditmarket conditions. The company also indicated that and have been less affecte d by shaky economic conditions because of their mix of projec t types instronger markets.
The company said Opus West plands to maintain its Phoenixx headquartersand "a modest presence" in Texas and California that will focuws on asset sales.

Ernst & Young names Entrepreneur of the Year winners - St. Louis Business Journal:

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The winners were announced at an event Thursda night at the Sheraton Overlan dPark (Kan.) Hotel. Winners were selectee by an independent judging panepl comprised ofregional business, academicx and community leaders. The Central Midwest progran recognizes companies basedin Iowa, Kansas, Missouri and Nebraska. The 2009 winnersz in the CentralMidwest are: Wholesale distribution category: Robert Reynolds Jr., president and CEO, Inc., based in St. Louis. Service category: Peter Spanos, foundefr and CEO, of St. Louis. • Masteer category: James Ferrell, chairman and CEO, of Overland Park, Kan. Technology category: August Grasis III, founder and of Kansas City, Mo.
• Life sciencea category: Christopher Nelson, president of , Des Iowa. • Private equity/ventures capital backed category: Dr. Nicholax Franano, chief scientific officer, and William Whitaker, vice presidentg and general counsel, , Kansa s City, Mo. • Consumer producte category: Alisa Shakespeare, president, , Davenport, Regional award winners will be eligible for consideration for theErnsg & Young LLP Entrepreneue Of The Year 2009 national awards. Winners in national categories as well as the overal nationalErnst & Young Entrepreneur Of The Year awarc winner will be announcedr Nov. 14.

D.C. wants stimulus funds for housing - Washington Business Journal:

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Recently released numbers show the need to addresa foreclosures in the city couldbe growing. Foreclosures starts — notices of comingb foreclosuresales — talliedf 911 for single-family homes in D.C. duringg the first quarter, far outpacing the 597 that were filefd for allof 2008. That means a spikd in foreclosures could be onthe way. The number also may reflect a backlog caused by a nationall foreclosure moratorium that endedApril 1. On May 4, the Department of Housing and Urba n Development issued guidelines forthe funds, called Neighborhoo d Stabilization Program 2, which will be dolledc out competitively, and D.C.
Director of Housingh and Community Development Leila Edmonds has laid out her strategy for applyinbgfor funds. Edmonds said her first two priorities are money for both the acquisition and renovation of properties that have fallejn out of use either due to marketr conditionsor foreclosure. A unique aspectf of the program is that governmentds can partner with nonprofitor for-profirt partners in seeking money. “Our goal would be to applt for acquisition of vacant orabandoned property, properties that becomse available through foreclosure specifically … and are not goinbg to move because of the market,” Edmonds said.
she said stimulus money could be used to augmentthe city’w Home Purchase Assistance Program, whicj sponsors home purchases for low- and moderate-incom residents but which is experiencing funding shortagews in the downturn. Lastly, Edmonds said she also plane to seek money for a revolving loan fund availablee for acquisitions of largerf properties that would be accessiblw bynonprofit developers. “All four of thosre are things that we do alreadyuand we’re hoping to get some funding to expand them,” Edmonds said. HUD is makinvg another $50 million available in technicaloservice grants. The deadline for application isJuly 17.

Azure Capital adds up $1.3 billion in 2008 deals - San Francisco Business Times:

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has sold or helped sell three companiew in which it wasan early, major investorf for nearly $1.3 billion. “We look prett good,” said General Partner Mike Kwatinetz, who founded Azure just before the tech bubblee burst in 2000 with threew partners who had workedd with him under famed Silicon Valley investmentt bankerFrank Quattrone. Azure’s good fortunes come in a year that has seen the lowestf number of merger and acquisition dealinvolving venture-backed companies this The firm’s most recent score was this month, when acquirerd Internet-based audio conferencing startup Inc., of Hoboken, for $26.6 million in cash, plus abouy $4.
4 million in promised performance The sale was relatively but it gave Azure — Vapps’ largesyt shareholder — a 3.6-fold returnh in less than 18 months. Azure led a $2.5 millionh Series A financing in the company inAprikl 2007. That deal paled in comparison tolast month’ss purchase by of Bill Me a service that enables Web shopperzs to extend payment for products for a fee, for $945 That deal provided an eight-times return for Azure, Bill Me Later’ largest stockholder, which invested more than $20 Azure’s third 2008 exit was the Januaryy sale of , an ethernet aggregatio company, to for about $300 million.
Azurd declined to say what it invested or what itsreturbn was. Kwatinetz founded Azure in 2000, with fellow research analyst Paul Weinstein and investmengt bankers Paul Ferris andCameron Lester, all forme colleagues at , where they workec under Quattrone in his tech (Quattrone was convicted in May 2004 on federap charges of obstruction of justice, but that conviction was and in 2006 the government dropped the charges. None of Azure’d partners were accused of wrongdoing.) Kwatinetaz says Quattrone’s tech unit, a “firm within a generated $1.5 billion in revenue a year aftere justfour years.
Azure, however, did not start off on such a The partners were able toraise $530 million in capital quickly, but at the time investore were throwing money at tech startups and valuationxs were high. Azure followed the crowd, made 20 investmentse in its firstyear — and stumbled during the dot-com bomb of 2001. Several of its initiap companies quickly sold orshut down, with no or very littlew return for Azure. “We probably were overlh aggressive thatfirst year,” admits Kwatinetz. Before their first the partners changed direction and adopted a strategt that has defined theirpractice since. They decided to slow doing only four to six deals a year.
No longer would they pay exorbitant They would focus on early stages investing when they could get a significant percentageof companies, averaginh 25 percent, and the ability to influence governance with one or two board And they would rely on their own research. While others were fleeing the tech market, Azure invested in Bill Me Later in late 2001 when the tech bubbl was bursting and the compan hadno revenue. Another 2001 bet was , a Palo Alto developere of virtualization software, in which Azuree invested $5 million. Numeroua venture capital firms checked thecompany out, but Azurre was the only one that Kwatinetz said. VMware was acquired by for $675 milliohn in December 2003.
This year, VMware will do abouy $1.8 billion in revenue. “It’s the largest software company builtt in the last10 years,” Kwatinetz said. “We pick good General Partner Paul Weinstein, who sat on the boarda of both Vapps and WorldWide Packets, said that Azure’s partnera were able to help Vapps changer its business model to providing an ongoinvg service instead of a product, and then introduceed the company to Citrix. Vapps is the firsty cash-out from Azure’s $127 million seconfd fund, raised in 2006.
With Worlr Wide Packets, originally a provider of broadbandaccess equipment, Weinstein said the company was challengecd after 2001 as the telecommunications industry contracted severely. Azure’s partnere liked the company’s technology and took theirt ownership stake from 5 to north of 20 A new executive team was recruited and WorleWide Packets’ strategy changed to focus on providing ethernet aggregatiob equipment. Then the companu won customers suchas , and . In the currenty economic doldrums Kwatinetz says he rememberse a lessonfrom 2002-2003: Invest steadilyu when the market is low.
“We’re certainly not walkingv away when valuations aremore attractive,” he “Don’t stop investing when the market is

Ahmadinejad reiterates pressure won't resolve nuclear issue - Trend.az

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Trend.az

Ahmadinejad reiterates pressure won't resolve nuclear issue Trend.az The Iranian president reaffirmed his country's opposition to having a nuclear bomb, saying such a weapon was a relict of the past century. He labeled a nuclear bomb 'an inhuman and immoral weapon.' 'We are against an atomic bomb, we would never build ...< /p> and more »

PwC hires CBRE for relocation opportunities - Atlanta Business Chronicle:

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has hired CB . as its strategic real estate advisere forthe firm’s Atlanta office. New York-basexd PwC leases about 150,000 square feet at 10 Tenth The lease expires inlate 2012. The CBRE which consists of John Shlesingerfrom CBRE’a Atlanta office and Timothy Dempsey from CBRE’s New York will examine the accounting firm’s potential relocation opportunities throughout greater Atlanta, as well as represent PwC in any discussionsw with its current landlord. PwC’s national real estate services provider, providee transaction management and project management services throughou the United States on behalfof PwC.
Aboutg 10 years ago, PricewaterhouseCoopers move d nearly 860 employeesto Midtown’s 10 Tenth St., known as the Millennium office building, located at 10th and West Peachtree streets. That deal gave a huge boosft to what was then a strugglinfg Midtownoffice market. PricewaterhouseCooper s joins many other large professional services firms that are starting their search for new leases in the Atlanta including Big Four competitore and downtown officetenant , which is currentlyh housed at SunTrust GA-MET, a real estate joint venture between Georgia-Pacifi LLC and MetLife Inc.
, recently awarded the leasinvg and management of Georgia-Pacificx Center to The firm will begin the assignmenrt on June 16. has beenmarketing and managingtthe 52-story,1.1 million-square-foot tower at 133 Peachtree St. Georgia-Pacific leases 820,000 square feet for its corporatse headquarters. Georgia-Pacific Center has about 124,000 squarer feet of contiguous space available for lease onthe 27th, 28th, 29th, 30th and 31st floors. The building is 87 percent leased. Jones Lang LaSalld Managing Director Linda Bolan willlead management-transitio efforts, while Mark Harrington and Jamilyn Boze will be responsible for the dailyg management of the property.
Jonez Lang LaSalle senior vice presidents Glenn Aspinwalpl and Jeff Frantz willlead “We’ve assembled an all-star team to work with GA-MET to furthe the success of this landmark building,” said Clarik Gore, Jones Lang LaSalle Atlanta market director. “It’s a greaty asset and a terrific opportunity to continue to prov e our capabilities and the quality of our Atlantaleadership team.” Leasing and management of the Georgia-Pacific Center adds to Jonesz Lang LaSalle’s significant downtown presence. The firm also leases 230 Peachtree Streety and manages the Unitedf Way of MetropolitanAtlanta Inc.’z downtown headquarters.
In addition, Jones Lang LaSalle’s Project and Developmenft Services team is leading the redevelopment of the Hilton Atlanta and the HyatgRegency Atlanta, after also completinv development and redevelopment effortz for the World of Coca-Cola and the Atlantza Marriott Marquis in the past two The team is also developinb Georgia State University’s $160 millionh Science Park in Atlanta’s downtown submarket. Jones Lang LaSall e leases and manages about 9 million squarw feet inmetro Atlanta. recentlu sold its Post Dunwoody apartments forabout $47 million, the largest multifamilyh transaction of the year in Atlanta and a sign that some typese of real estate lending are picking up.
In a deal that closerd in April, Post (NYSE: PPS) sold the 530-uniyt apartment complex to andfor $47.4 or $89,434 a unit. Fulton County had valued the propertyy atnearly $51 million, or about $97,000 a unit. Freddie Mac (FRE) originated a nearly $36 millionj loan to fund the transaction, according to The deal resultes in a 75 percent loanto

Who's Who in Health Care - St. Louis Business Journal:

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a catalog supplier of electronic servicing now a part ofStanley Tools. Duringv his tenure at Axia, Aggarwal was responsible for planning and mergerse and acquisitions and oversaew twomanufacturing divisions, which had a reputation for custome r service and profitable J. Hord Armstrong III, 56 chief executive and treasuree J. Hord Armstrong III founded D & K in 1987 by acquiring and merging two drug He took the company publicin 1992, and today has $600 milliom in annual sales. He started his career in banking with Morga nGuaranty Trust, and also served as chief financialk officer of Arch Mineral for six years until he foundedf D&K. Ronald Ashworth, 52 Sisters of -St.
Louixs Ronald Ashworth oversees operations throughout the eighyt states in which Sisterw of MercyHealth System-St. Louis has a He recently aidedthe system'ds local operations, Unity Health, with the acquisition of , and integrated hospital and physician practices in St. Louisa and other markets. Ashworth joinedr the system in 1991from , wher he was national director of the health-care practice. Carrol 56 Sisters of Mercy Health System-St.
Louis Carroll Aulbaugh has administrative responsibility for operationz of the Sisters of Mercy Health Louis in Arkansas andKansas - two regionsa where the group has expanded its He helped create a managedd care joint venture with , serving 21 Arkansasd counties. Aulbaugh also oversaw upgrades tothe system'ws credit ratings, which should lowet borrowing costs. Aulbaugh came to the Sisters of Mercty after serving in management positionzs with the Sisters of Charity of the Incarnatee Word Health Care Systemin Houston.
William 44 Vice president, Central States Region

National Semiconductor to cut up to 1,725 jobs - Silicon Valley / San Jose Business Journal:

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Santa Clara-based National Semi (NYSE:NSM) also reportedf third quarter net incomeof $21.32 million, or 9 cents a share, and saless of $292 million. Compared to last sales decreased approximately 36 percent fromthe $453 milliohn reported in the third quarter of fisca l 2008, and earnings per diluted sharew declined from the 29 centsw recorded one year ago. The company, which said it expects fourth quarter sales to be down 5 to10 percent, said it is taking step s to reduce overall expense and shift more of its R&eD investments "towards new and emerging growth opportunities." The job cuts will be made worldwide in producrt lines, sales and manufacturing and support functions.
The companyy will close its assembly and test planfin Suzhou, China and its wafer fabrication plant in Arlington, The closures will occur in phases over several quarters, eventuallyu resulting in the elimination of an additional 875 The volume currently beingg supported by these two facilities will be transferred primaril to other National locations, the company said. Afterr the consolidation, National will have threee manufacturing facilities: wafer fabricatio plants in South Portland, Maine and Greenock, Scotland and an assemblu and test facilityin Malaysia.
The company expectzs to incur between $160 million and $180 milliob in charges, consisting of asset impairments andother exit-relatefd costs, of which $130 million to $145 millioh would likely be recorded in the fourthh quarter of fiscal 2009 and the remainded in ensuing quarters. National currentlhy employs about 6,500 people worldwide, and these action s will result in the elimination of 26 percent ofthe company'x workforce.

North Carolina Health and Wellness Trust Fund grants $1.9M to improve dental care - Nashville Business Journal:

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million to seven organizations to improve dental care and promotdoral health. The trust fund begab its Oral Health Initiative to increase accessz to treatment and preventative servicesfor high-need individuals, as well as to traij dentists and other oral health professionals to serve thosew people. In 2006, about 32 percent of Nortg Carolinians reported that they did not see a dentist that The percentages were highef among NativeAmericans (39 percent) African-Americans (42 and Hispanics (56 percent). "It is unfortunate that many North Carolinaw citizens do not receivee basicdental care, which is so critical for overalp good health," said Vandana Shah, HWTF executive director.
"Wes hope that these grant funds will providde more North Carolina citizens with accesss tohigh quality, accessible oral health care." Studiesw have shown connections between chronic oral infections and othe r conditions, including diabetes, heart disease, lung stroke, low birth weight and premature

Veteran newsman Hamill launches online Rocky Mountain Magazine - Denver Business Journal:

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Rocky Mountain Magazine will begin as a quarterly publicatiojn and increase its frequency to as ofte as monthly ifpublication demands, said Blair publisher for the new Hamill now works as the presentation editor for the Boulder Daily Camera and is a former Denve Post graphics editor. The magazine is laid out as a prin publication and will be an onlind feature to be in line with the environmentakl tendencies of itsexpected readers, Hamill said. Its storiex on destinations throughout the region include interactive features like mapsof hikes, slideshowsw of the areas and links to festivap information.
The debut of Rockt Mountain Magazine comes not long after Metro Mountaih Media launched a publication called Mountain Vacations that spotlights vacation destinationd in theRocky Mountains, though that publication is aimed more at affluent households in the Fronyt Range area. Metro Mountain Media is owned by Media News which also owns the BoulderDailyu Camera. And Thursday, Boulder publishing executive Jamie Pentz to offer prinft and online media and other products focused on skiing and snowboarding under the name HighCountry Media., includingg a revived Mountain Sports + Livint magazine. Rocky Mountain Magazine can be foundat .

South Africa: SA, Nigeria clarify deportation incident - 7thSpace Interactive (press release)

http://blog4realestate.com/american-real-estate-forecast-from-a-supply/

South Africa: SA, Nigeria clarify deportation incident 7thSpace Interactive (press release) The incident, which was widely reported in various Nigerien newspapers and electronic media, was labeled as harsh and unfriendly. Some media claimed that Nigeria would retaliate by sanctioning South African companies operating in Nigeria - a point that ... and more »

Seven plead guilty in federal court to illegally transporting more than 400 ... - Corpus Christi Caller Times

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Seven plead guilty in federal court to illegally transporting more than 400 ... Corpus Christi Caller Times By Michelle Villarreal CORPUS CHRISTI â€" Seven people pleaded guilty in federal court to illegally transporting more than 400 undocumented immigrants from Mexico to the Rio Grande Valley, the US attorney's office reported Monday. Armando Olmedo-Treviño ... and more »

Windows Server 8 Beta: 10 Big Feature Boosts - PC Magazine

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ZDNet (blog)

Windows Server 8 Beta: 10 Big Feature Boosts PC Magazine Microsoft has tweaked and tuned up Windows Server 8 since the Developer's Preview. Here are the biggest updates in the latest version. By Samara Lynn Microsoft made available March 1 the beta version of the Windows Server 8 operating system, ... Is Windows Server 8's H yper-V fin »

Sloan resigns from BofA board - Jacksonville Business Journal:

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Sloan offered his resignation to new board chairmabn Walter Masseylast week, the bank said in a May 29 regulator y filing. BofA didn’t disclose Sloan’s reason for As the lead independent Sloan has been under intenses criticism in recent months as the bank suffererd through a sharp stock prices decline after acquiring MerrillLynch & Co. BofA also has receiveds $45 billion of taxpayer aid. , a Houston-based investmeng firm that holds 1.1 millionh BofA shares, was among severa groups that waged a proxy againstythe country’s largest bank holding including calling for Sloan’s ouster.
Sloan was narrowl y re-elected to the bank’s board at the annual meetinvgin April. Meanwhile, shareholders votesd to strip BofA Chief Executive Kenneth Lewis ofthe bank’s chairmanship, and Massey was electes to take over board Lewis remains the bank’s CEO and Sloan, 70, served as a BofA director for 13 During his tenure, Sloan served as chairma of both the executive committee and the compensation and benefit committee. He also was a memberf of the corporategovernance committee.
“Temple has been a trusted advisert who has made an invaluable contribution to the succesd ofour company,” Lewis said in a “We will miss his counsel and his BofA (NYSE: BAC) is based in N.C.

Law firm adds focus on climate change - Denver Business Journal:

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The Denver firm said it is the firstg law firm based in the Rocky Mountains to organizw a practice group focusing on climate change law and James Holtkamp will lead the new practice He currently teaches the Law of Climate Change at the Universitty of Utah Collegeof Law. "We are at the beginninf of a legal andpolicy tsunami," Holtkampo said in a statement. "Holland & Hart is uniquelyh situated to address climate issues affecting our clientsz in the Rocky Mountain West and throughouythe world.
" "Climate change has quickly become a complex area of law and publif policy affecting wide array of clientr industries," Lawrence Wolfe, managing partner of Holland Hart, said in a statement. Wolfer became managing partner Jan. 1. "Virtually all of our cliente are or will be affected by the rapidly emerging legal issues surrounding climate change law and The Global Climate Change Group is essential for us to continuer our commitment to sophisticated clienf service in thisvital area." Areas covered by the new practicw group include industrial energy use, renewablse energy and government relations.
Holland & Hart has 350 lawyerxs in 13 offices in seven Westernh states as well asin Washington, D.C.

Beige Book: Region

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Consumer spending in the region was weak and is expecte d toremain soft, the closely watched survey but “an uptick in manufacturing orderz helped stabilize expectations for future production.” The Beigs Book also said that “commercial real estate market conditionds deteriorated, and energy activity declinede further.” Bankers, it said, “reported a rise in deposits and stable loan demands with no erosion in loan It said consumer price and wage pressures remainec low. Meanwhile, producer prices “declinex at a slower pace, with some firmws noting that higher commodity pricezs boosted material andfuel costs.
” Overall, the latest regional Beiged Book — covering a six-week period was somewhat more optimistic than the last survey, releasec April 15. The report covers the Fed’s Kansas City-basedr 10th District. It is based on interviews with a sample of businessez representing key industries ineach district. The reportas are anecdotal and do notcontaimn statistics, but they are widely followe d and help the Fed to set national economic policy. The Fed’s 10th Districtf includes Colorado, Kansas, Nebraska, Oklahoma and Wyoming as well as westerh Missouri and northernNew Mexico.
Formally knownb as the “Summary of Commentary on Current Economicx Conditions by FederalReservr District,” the Beige Book is publishef eight times a year. The latest report covers late Aprilthrough May. The Federall Reserve’s 10th District is also knowmn as the Kansas City district becausethe reserve’s regionall bank is based there. .

N.J. tax amnesty brings revenue windfall - South Florida Business Journal:

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New Jersey expected to generated $100 million when the 45-dau program was launched, but at its close last week had collected morethan $600 million in back taxez owed. Final revenue could increase byanothefr $50 million to $100 million once the remaining 17,500 envelopes are openefd and processed, the Governor’s Office said. New Jersey’s program, which ran from May 4 to June 15, permitte d those owing back taxesfrom Jan. 1, 2002 and to Feb. 1, to settle up without penalty and for half the interest Of the collections processedto date, 56 percenyt were for the corporationb business tax, 23 percent for sales and use taxezs and 14 percent for gross income tax.
A vote on a finalo budget for New Jersey isexpectex Thursday. Gov. Jon S. Corzine woule like to see the additional revenuwe be put toward propertytax relief, which was slatede to be eliminated for all but seniorse and the disabled to address an up to $9 billion deficirt in fiscal year 2010. In Pennsylvania, state Rep. John C. R-Lancaster, is pitching legislation for a one-timde tax amnesty program as a budget fix for his The bill would permita 90-day tax amnesty period during 2009-10 fiscal The bill is in the Housee Finance Committee. “New Jersey has confirme that this is a perfect time for a tax amnesty program to succeedin Pennsylvania,” said “We are facing a $3.
2 billion budget deficit and New Jersey’as successful program should vividly illustratd that such a program can collect hundreds of millions in or more, already owed to the Pennsylvania’s last tax amnesty program, which occure d more than a decade ago, brought in $93 million, Bear Revenue from a tax amnestyh program could be used to addresz the state’s budget deficit, insteard of Gov. Ed Rendell’s proposal to raise the states income taxfrom 3.07 percent to 3.57 Bear said. The governor’s proposed 16 percengt increase in the personal incomwe tax rate would generateabout $1.
5 billionh a year in new revenue and amount to abourt $250 more per year for a family earning $50,000. “Nos — during this dire budget crisiss — is the time for a new tax amnestuy program to be putin place,” Bear said.

Cleantech venture investing jumped in Q2 - Charlotte Business Journal:

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Global cleantech investments totallefd $1.2 billion across 94 companies, a 12 percent increase over thefirsg quarter. The increase was driven by interest inalternativ vehicles, which grabbed $236 million, and advanced batteries, whichg received $165 million. Mass., lithium ion battery maker landexa $100 million investmenf round led by Co. in April. The report’s authors say cleantecb companies will continue to be buttressede by investments by the federal government and electri power companies to complement venturwecapital investment.
“New investment tax credits are playing a majo role in making newsolar thermal, solar PV, and wind project s more economically viable for utilities, which are bringing their access to capital to the said Scott Smith, United States leader of Deloitte’s cleantecnh practice, in a statement.

EPO and OECD strengthen co-operation - European Patent Office

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EPO and OECD strengthen co-operation European Patent Office With a view to furthering their co-operation on exploring the role of patents as an economic tool, the EPO and the Organisation for Economic Co-operation and Development (OECD) have signed a memorandum of understanding, which is valid for the next ... and more »

Auto supplier Visteon files Chapter 11 - Puget Sound Business Journal (Seattle):

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Van Buren Township, Mich.-based Visteon (OTC BB:VSTN), which runs eighty plants in Ohio, said the bankruptcy applies only toits U.S. operationa and is intended to “maximize the long-term value of the The filing comes nine years after Visteon was spun off from which has lined up tosupporgt debtor-in-possession financing for its restructuring. “During the reorganizatioh period, we will seek to address our capita l structure and legacy costs that are not sustainable given the curreneconomic environment,” CEO Donald Stebbins said in a release. The companhy last year lost $681 millioh on $9.54 billion in It has lost money every year since it was separatedf from Fordin 2000.
In addition to the assistance from Ford, Visteon said it has backingg from other customers and plans to fund operations with cash andthe debtor-in-possessionb facility. The company said it has filed a numbert of motions in Delaware bankruptcy court to allosw it to continue serving customers and keeping employee Visteon employsabout 31,00p workers in 27 countries and has U.S. operationz in nine states. In Ohio, its operationsd include a 65,000-square-foot plan t in Springfield that makes and assembles fuel deliver y modulesand tanks. The company also has states operationsin Toledo, Bowling Delphos and Tiffin.

GE Healthcare opens $165M N.Y. plant - The Business Journal of Milwaukee:

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The new 230,000-square-foot facility includes a 60,000-square-foot The digital X-ray detectors that will be made at the plantr are used inmammogram screening, a growing $1 billion market for breast cancer testing. Much like the transition from paper medical records to streamlineed electronicrecord keeping, digital X-rays are slowly replacing traditional film X-ray machines. In additionh to the 100 new jobs scheduled for the 50 people will transfer to the tech parkfrom GE’sw research center in Niskayuna, N.Y. Positions at the new site will includew15 engineers, 15 administrators and 120 technicians and suppory staff with an averagre annual salary of $65,000.
The plant is expected to have an annual payrollof $10 million. GE developed its digital X-rayt technology at GE Globapl Researchin Niskayuna. GE said this is the company’sa first expansion of high tech medicap equipment manufacturing by its health care operation intoNew York. ”This a wonderfup example of howa long-term commitment to technology can spur the growt h of our manufacturing base and create new, high-tecy jobs,” said Mark Little, GE senioe vice president and director of the research GE Healthcare, which manufactures medical imaging equipment in Waukesha along with othetr operations throughout the Milwaukee area, spenrt 15 years and more than $200 millioj developing its digital flat panel X-ray technology.
The flat-panelk detector is a critical component ofan X-ray system and plays a role in providint an improved image.

Buffalo planners OK Nardin expansion - Business First of Buffalo:

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million expansion of its ClevelandAvenuer campus. The , Tuesda morning, granted unanimous approval of a mandatedd environmental impact reviewfor Nardin’xs proposed expansion. The school still needzs approval from the before construction can Nardin is proposingtwo 11,000-square-foot wings one that will serve as fine arts centet and the other for its Montessori elementary school and other elementary school functions. Construction could start by saidLeslie Johnson, Nardimn vice president of finance and The work is slated to be finished by next “This is being driven by enhanced educationa programming for our students,” Johnsonm said.
The project is beinbg financed through a capitaol campaign runby Nardin. Nardin has 930 studentd ranging from children inits pre-K to thire grade Montessori school, a traditionall elementary school and all-girls high school. The elementary schoolsd are co-ed. When Nardin firs proposed the project last some nearby residents voicedd concerns about the construction time frame and impact on such streets as Clevelands andAuburn avenues. A series of meetingd addressedthose concerns. “This project is not a surprised tothe neighbors,” said Cynthia a planning board member.

Make the right decision for your next event - Washington Business Journal:

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In response, many healthy companiesz are scrambling to cancel key gatherings that coulde havea positive, measurable impact on their bottokm lines, simply to avoid the “AIGv Effect.” So how do you decider if now is the right time for an event? And if you proceed, how do keep your business from being the subjecg of the next big news story? Deliberate and thoughtfull program design is a must.
So too is a clear and measurable plan that isconsistently documented, monitored and According to the EventView 2009 surveyy released by Meeting Professionals 53 percent of respondents believe that event marketinb is the “discipline that best accelerates and deepens relationshipz with target audiences.” However, event marketintg is not always the best In better economic times, AIG’s decision to spend $440,000 for a division that generates billions of dollars may be a smartf one. Today, meeting decisions must be considered in verybroade contexts; look beyond your department and your organization to the overall state of your industry.
Think about your audiencs and your messages. Launching a new rolling out asales plan, increasing motivationm levels, and communicating the currenty state of your business are very good reasonds for a meeting. Purely celebratory or recreational events maynot be, especiall in today’s economic With the increased scrutiny on corporates meetings and events, you must carefully research your and analyze the implicationsx of every decision. Then, document the thinking behinrd your choices and how you spent your When it comes to managing your destination is akey consideration. So too is the visibilit of your event.
For a salea training function, do you need to fly everyone to a destinatiojn or will a locakl venue work justas well? Consider your audiencee when selecting a hotel. For custome r programs, four or five starz may be most appropriate but fortraininf sessions, a three-star property may be fine. Do you need to broadcastg your meetingbeyond attendees? If not, you can forego luggager tags and signage with your company logo at the hotel. It mightf seem obvious, but some well-intentionerd businesspeople fail to establish cleafr and measurable goals for theitr events that directly align withthe company’s overall business goals.
For example, you’re having a salexs meeting to impact performance. What percentagr increase do you expect and in whattime frame? Can you answer yes to the question, “dp my event goals contribute directly to the organization’s If not, it’s time to Corporate financial decisions are drawing more attention than so deliberate budgeting, transparent spending, and completed reconciliation are critical. Get three - to five bids for every expensew and use a system tocompare them. Pricde is important, but quality, customer service, experiencew in your industry and specific experiencer with your type of prograk may be otherdefining factors.
Assign a weighty to each standard and rank each on a one tofive Finally, develop detailed line item budgetw that track every component of spending, no matter how small. Requirew your vendors to provide line-item billintg with complete back-up. If you’re called upon to justify your spendingg ona program, you’ll be able to responed quickly, effectively, and credibly. How will you measure results ? First, evaluate the right things. It’sx tempting to focus on food andhotel quality, but businessz outcomes are what matter. Second, design a measurement syste beforethe meeting, and include in the planning the peopled who will be doinb the reporting.
Finally, measure results multiple times—perhaps immediatelgy followingthe meeting, at 30 days and in six Keep the reporting tool simple—with two to three key questions—and you’lkl get responses. Documented business results are more critical than ever; if your company’s marketing decisions are you’ll need to show direct and positive outcomes that stackl up against company If you’re a healthy company, consider that meetings and eventsz are still a vital tool in your marketintg mix. So don’t limit yourself out of fear ofnegatives spin.
But do be responsible, judicious and A well-designed, measured and documented eventg might be just the thing to generateincrementakl revenue, motivate your achievers to outperfork their quotas, and strengthen relationshipsa with key clients.

Yahoo! confirms WNY site - San Francisco Business Times:

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Yahoo!, Tuesday morning, confirmed it will be buildinbgthe 190,000-square-foot center that could employ, initially, 125 people. Yahoo! has pegger a 30-acre site in the park for the Yahoo!’s decision is considered a major especially against a backdrop of a weakened economty where unemployment has increased in past year in Erie Countgto 8.1 percent from 5.5 percent and in Niagaraa County to 9.3 percen t from 6.6 percent. “This is a big win for the saidTom Kucharski, president and chief executive “We won the day.” Yahoo! was being courted by severalo states including Ohio, Pennsylvania and Illinoiws for the center. All offerex a handsome array of incentives.
“When a high tech company like Yahoo!! picks a community like WesternNew York, it’s like a said Sen. Charles Schumer, New York’s seniort senator, who played a key role in Lockport landing the data The region crafted its own aggressivwe incentive package including the offering 15 megawattsdof low-cost hydropower that could save Yahoo ! an estimated $100 million over a 15-year period. also offere job training grants andother incentives. High level pitchez also came from Gov. Davi d Paterson and Schumer. Schumer made personal callxs to Yahoo!
CEO Carol Bartz to push the Kucharski said it also helped that the region offerexa half-dozen sites and not just a singulard location. It also helped that a friendship quicklyt developed betweenthe Yahoo!! site selection team and the local economicv development community. “We developed a nice relationship with them and that helpedf makethis happen,” Kucharski said. “Theyt were impressed that every time they we could assemble our team on a very short noticr and give them the answersxthey wanted.” Construction on the data center will begin in said David Dibble, Yahoo! senior vice president. The center will be open by May.
Kucharskji said there is a myriad positives that will comefrom Yahoo!’s The BNE will use it in its outreach to other companies it is courting, he said. “It confirmss our ability to attract high tech and highprofiles companies,” Kucharski said. “To get a name company like Yahoo ! says a lot to the rest of the industriesout there.” Yahoo! joins the rankz of , that have either opened or expande d back office operations in the region in recenyt years. “You add it into the mix of the some of the otherfcompanies we’ve landed and it becomes a very impressivde list,” Kucharski said.

Houston Restaurants & Houston Dining Guide

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Damian

Out-of-pocket costs rising for health insurance - Jacksonville Business Journal:

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The study, authored by researchers from the Nationa Opinion Research Center and Watsohn Wyatt Worldwide and funded by TheCommonwealtn Fund, examines trends in employer-sponsores insurance from 2004 to 2007. It foundf rising rates of underinsuranceand unaffordability, particularly for poorerd and sicker people. In 2007, adults with employerd coverage faced an averageof $729 annuallty in out-of-pocket costs for medicalo services, including deductibles and othedr forms of cost sharing such as copayments and That represents a 34 percent increasee from 2004, when the average out-of-pocket burden was $545.
Healtj plans covered a slightly smalletr percentage of overall expenses in 2007 than but growth in overall health spending was the chief culprit behindrising out-of-pocket costs, according to the study. “The yearxs from 2004 through 2007 were a periodf ofeconomic expansion, yet risinfg health care costs still eroded the valu of employer-sponsored coverage,” said lead authodr Jon Gabel. “Historically, employees have been askeed to shoulder even more ofthe cost-sharing burden durin difficult economic times such as the Unite d States is now experiencing.
Hence, it is imperative that health care reform include constraints onhealtbh spending, or else health insurance will becomes unaffordable for low- and middle-incoms Americans, and reform itsel f will be unsustainable.”

Foreclosures mount for Monroe

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Both complaints name Charles H. Monrod III, the president of Safety Harbor-based Monroe’s Prestige Group. They mark the fourth and fifth pending foreclosurd lawsuits in South Floridaq against Monroe and affiliated Monroesaid he’s seeking investors and new financingg on the projects. Publix anchors the 127tyh StreetShopping Center, at 1755 N.E. 127th St., in North The 178,855-square-foot center was built in and Monroe said he hoped to get financing torehabilitate it. Bank of America’ s action against the shopping center’s owner, North Miami Shoppinfg Center Joint Venture, is based on a leasehold mortgages last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestige Group and Mark Kovens Trustee, leases the property from 127tjh Street Shopping Center, of If Bank of America forecloses, it would assume the Bank of America’s other foreclosure lawsuit in Cutle r Bay is against MPG 216th Streef and Monroe. It targets a 19-acrwe vacant site with approval for morethan 121,000 square feet of retail and office space for Vist a Del Lago. It is located near the southeast cornerr of Southwest 216th Street and Southwesg92nd Avenue. County records show Publix agreeed to lease space in VistaDel Lago.
MPG 216th Street bought the site in 2003for $7 millio and obtained an $18 millionj mortgage from Bank of America. The mortgage was last modified in Septemberwith $8.9 million outstanding. Monroe said he coulds not get construction financing for VistaDel Lago. “Thew bank needed to just wait untilo there was a marketplace to get a loan to builx a newshopping center,” Monroe said. “I’ve alwayes been a conservative developer. I develol for the premier grocery store inthe country.” Miami-based attorney Lee D. who represents Bank of America in both did not immediately return a callseekingy comment.
Monroe and his affiliates companies also face foreclosure lawsuits from Bank of America onthe Publix-anchored Parkland Commons shopping centerd in Parkland, from Wachovia Bank on the Best Buy-anchoresd Coral Landings III in Coral Springs/Margate and from , which targets the Publix-anchored Quantum Village in Boyntobn Beach.

Academic Team honoree: Grace Cannon - Business First of Buffalo:

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Accomplishments: Class valedictorian. SAT score of 1,600o (perfect). Perfect score on threr Regents exams; scores of 98 or 99 on four Captain of ScholasticBowl team. Named to All-County Full name: Grace Elizabeth Cannon. Born: Apri 15, 1991, Amherst. Parents: Deirdre Timothy Cannon. Residence: Akron. Favorite class: Literature (taughg by Matthew Baumgarten). “It’s my favoritr for everything it has taught me about myself and other College andlikely , linguistics. Hope to be doing 10 years from now: “k hope to be living overseas, working and travelingy as a translator, and volunteering my spare time tocommunitg education.” If could meet anyone from Mother Teresa.
“She is my choice because of the respect I have for her life and because when Iwas little, I wanterd to grow up to be If could have dinner with anyone now alive: Paulo Coelho. “His writing fascinates me.” to proceesd to the next FirstTeam honoree: Cary Chester.

Brady's legacy, Gronkowski's ankle and why 2007 means nothing - WEEI.com

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Midwest Sports Fans

Brady's legacy, Gronkowski's ankle and why 2007 means nothing WEEI.com Bill Belichick will tell us nothing, Rob Gronkowski will tell us nothing, but we'll read into what wasn't said, body language, level of limping, size of boot,  »

Extended Stay Hotels files Chapter 11 - Charlotte Business Journal:

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The Spartanburg, S.C.-based company filed the reorganization petitionb in New York bankruptcy court, Secretary and General Counsep Joseph Teichman writing that Extendec Stay had about $7.1 billion in assetd and $7.6 billion in liabilities at the end of 2008. Extendedr Stay, whose more than 680 properties are managee byHVM LLC, has eight Centrak Ohio sites, including thosew near the Mall at Tuttle Polaris Fashion Place and Easton Town Center. The company bille itself as the largest operatorrof mid-priced extended-stay hotels in the nation.
Teichman in a court filing on Monday wrote that the company soughr protection from creditors amid a genera l downturn in the hospitality industry and a hit take n as fewer potential customers needthe company’s “Since the typical Extended Stay customer seek a lengthy stay based on commercial relocation, the contraction of constructiojn and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” Teichmamn wrote. The company said its average revenue per room droppee about 23 percent in the first five month of the year compared with the same periorof 2008.
As a result, it was unabler to deal with its debt burden with cash flow and is seekingta “comprehensive restructuring of the entire capital Extended Stay said it planes to run operations following the Chapter 11 petition under a lender-approver arrangement using cash collateral. Debtor-in-possession financin g won’t be needed, the company said. Abouf 9,900 employees work in hotels operated byExtendexd Stay. The company is in 44 states and hasabout 77,000p rooms.

CalPERS committee OKs health care rate increases - Los Angeles Business from bizjournals:

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Rate proposals approved by the committee will go to the full CalPERa Board of Administration foractioj Wednesday. Basic HMO rates for state workerd will rise an averageof 3.43 percent in 2010, down from almostr 6.6 percent in 2009. The rate hikes run from a low of 0.32 percen t for Blue Shield Net Value to a highof 4.9 percent for Kaiser. Figures for public agency workers vary by Medicare HMO rates for all workerzs and regions will increase an averag eof 0.27 percent in 2010, but vary from a 12.27 drop for membersw of Blue Shield Access+ to a 6.5 percent increase for Kaiser members.
“We are extremely pleased to presenfthese rates,” Gregory Franklin, assistant executive officerr of CalPERS health benefits branch, told committede members Tuesday. “Negotiations were extremely tough. There were many optionsz and extra meetings on what we werelookintg for: affordability.” The Kaiser rates were achieved by aligning them with the Blue Shielxd benefit design, Franklin said. Kaiser will eliminat e chiropractic benefits next year and increase the copaymen t fora 100-day supply of prescription drugs. CalPERSx kept the lid on increases atits self-funder preferred provider organization plans by usinf $46.7 million in surplus reserves to “buy rates.
The average PPO rate increaswe for state workers in 2010is 3.29 but it runs from a low of 1.38 percent for PERS Selecrt to a high of 12 percent for PERSCare. Medicarde PPO rates will increase an averageof 0.27 percent in all but they range from a 12.27 percentg drop for Blue Shield Access+ to a 6.5 percent increase for Kaiser coverage. Committee chair Priyaa Mathur applauded the plans and CalPERSe staff for the goodrate news, adding that the small increases in 2010 are due to cumulative changes over the last severak years to operate the healtuh benefits program more cost-effectivelu without jeopardizing quality of care.

Speech issues cut short Giffords's return to Congress - Sydney Morning Herald

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ABC News

Speech issues cut short Giffords's return to Congress Sydney Morning Herald Gabrielle Giffords … recovering. Photo: AP WASHINGTON: For months, the US congresswoman Gabrielle Giffords, who was shot in the head in an assassination attempt last year, sign »

A&R Development picked for $17M Jonestown project - Houston Business Journal:

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The project falls into the city’s aims to remake Centralk Avenue, which has seen a wave of new development in receny years building off the success of nearby Harbor East. A&R, led by Anthony Rodgers, hopes to builcd a mixed-use development including 107 rental 18,000 square feet of retail space and 156 parking said Tuesday it awarded the firm exclusive negotiatinyg rights forthe city-owned land at 110 S. Centra Ave. and 1120 Granby St. The properties combine for about 29,00 square feet. The BDC, the city’as economic development arm, offered the and two others, up for redevelopmen t in August 2008.
“These properties give the city the opportunity totake vacant, underutilized properties and have them renewed as private enterprises that will generate taxes and enhancd the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodide said in a statement. The city also tapped Mitey LLC to negotiats for a second siteat 1301-1309 E. Lombard St. Miteyh is a real estate company formedby Gerry’s Tire which hopes to use the propertyh to expand its adjacent business. Mitey planes to use the 4,518-square-foot property in the shortt term as a temporary parking lot for its businessz and would expand ontothe city-owned propertgy in the future.
The city is reserving the rights for thethired property, at 130 S. Central Ave.

N. Ky's Vision 2015 releases third annual progress report - Business Courier of Cincinnati:

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Northern Kentucky Tri-ED oversees the primary industr y job goal ofcreating 14,3090 net new jobs, which will enablr the region to meet the goal of creatin g 50,000 net new jobs by 2015. In 2007, 2,540 net new primary jobs were created, puttingf the organization at 17.8 percent of its goal. Job creatioh data for 2008 won’t be available untikl September. “Even though the country is experiencinvg turbulenteconomic times, we estimate that Northernm Kentucky will only be slightlh behind the target goal of 4,290 primarhy industry jobs for 2007 and 2008,” the repor t said. The report heralded the job creation as one ofthe community’z top “wins” for the year.
Other wins • An expected $571 millionn in economic impact through the creation of 20 new or expande business investmentsand 3,395 jobs created; The launch of LaunchPad, a partnershipo between • Progress beinbg made since the launch of the Catalyticc Development Funding Corp. of Northerh Kentucky; • Announcement of a bold vision of open space and entertainment venues forthe riverfront; And the success of variousx regional stewardship initiatives, such as service “Vision 2015’s role in the community is dynamixc and often hard to explain,” Vision 2015 Chairman A.J. Schaefferr said in a news release.
“Fodr this year’s report, we felt it was important to emphasizeVisionj 2015’s purpose and the different roles we play in the effort to advancwe the community’s goals outlined in the The report will be available on the Visio n 2015 Web site at www.Vision2015.org.

Security Bank CFO leaving - Atlanta Business Chronicle:

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McLemore leaves July 13. Michael B. senior vice president and CFO of Securityt Bank ofBibb County, was named interim CFO. "Jinm has been a valued member of the Security Bank management team for the pastseve years, and we wish him succesz in his new said Tony E. Collins, president and CEO, in a Macon-based Security Bank, Georgia’as fourth-largest bank with $2.8 billion in is under federalregulatory oversight. And Security Bank of Gwinnett County had the highes t problem loan ratio of any Georgiza bank in thefirsrt quarter. One-half of the bank’s $210 million loan portfoliop is in some stage of delinquencyor default.
The bank is one of five ownee by Security Bank that is undef a regulatory watch and In a March Securities and Exchange Commission the auditor for SecurityBank (NASDAQ: SBKC) revealecd doubts about the institution’s ability to survive as a going Auditor McNair, Mclemore, Middlebrooks & Co. LLP said it has “uncertainty about the [Security Bank's] ability to meet obligations coming due in The bank hasroughly $300 million in totao borrowed funds, according to its annua l report. That figure is 45 perceng higher thanthe bank’s $204 million debt levekl in 2007. Security Bank trimmed its lossto $18.
5t million in the first quarter and withdrew its application to participate in the TARP Capitao Purchase Program.

Exact to raise $8.2M, signs MAYO deal - Memphis Business Journal:

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million through a private stocik sale and that it inked a licensing deal for exclusiv rightsto cancer-diagnostic technologiesz developed by the for Medical Education and Research. The company said it had commencedc on June 11 the saleof 4.31 millionb shares of its common stock at a purchas price of $1.90 a share. Exact (Nasdaq: EXAS), based in Mass., announced a plan to acquirs the worldwide licensing rights tothe blood- or stool-basedf cancer diagnostics and screening technologies developed the MAYO which is based in Minnesota.
Under the deals terms, Exac will: • make upfront paymentxs of $80,000 and a milestone fee of $250,000 upon the commencemenrt of certainclinical • pay a milestone fee of $500,000p if the approves any of the productd covered by the agreement. • pay a minimunm of $10,000 on the deal’s third anniversary pay a minimum royaltyof $25,000 on the fourtjh anniversary of the agreement support certain research projects to the tune of $500,00o0 — at a minimum — in the agreement’s first Exact is also obligated to grant MAYO two warrantsx to purchase 1.25 million shares of its common The warrants have six-year terms and are exercisabler at a price of $1.
90 per according to a regulatory filing.

Honeywell tests show renewable jet fuels work as well as traditionals - Business First of Louisville:

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Honeywell data (NYSE:HON) showed little difference in the two fuel in test runs inits 131-9 auxiliar y power units and its TFE 731-5 turbofajn engine, officials reported at the Paris Air The tests were conducted at its Phoenix facilities. The fuel was producedf by Honeywell for use in aBoeing Co. biofuelo test flight program. “In a series of testws in both propulsion engines andcommercial APUs, Honeywellk saw no degradation in engine performance or fuel said Bob Smith, vice presiden of advanced technology for Honeywell Ron Rich, the company’s director of advances technology, said the prospect of developingf renewable jet fuels from sources such as jatrophqa and algae, which comprised the test fuel, coul d help reduce the carbon footprint of jet travel.
“These testing results are a strong step towards certification and commerciakl use in the coming he said. Honeywell helped develop the fuel througn itssubsidiary UOP, which originally developeds the fuel under a contract from the U.S. Defensde Advanced Research Projects Agency.

Palo Alto Chamber wants business registry - Silicon Valley / San Jose Business Journal:

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"Like our city, our businesses are feeling the grear strain of thecurrent economy; the timing of this tax is ill adviserd for the economic health of Palo said Paula Sandas, CEO of the Palo Alto Chamberf of Commerce. The Chamber is advocatinvg for a Business Registry in Palo fromwhich "concrete data will be gathered identifyingh the number and types of local After gathering the data on local businesses, the Chambedr is eager to collaborate with the city and the broadet business community with a blue ribbon task forcd in open, thorough the Chamber said in a prepared statement.
The tax proposaol is headed to the Palo Alto City Council for approvao and the city plans to then put the question to voterwsin November. Earlier this montn the city’s four-member finance committes deadlocked on whether the tax oughgt to be assessed against gross receipts or the number of butthe nine-member council could go with a thircd option, a flat business tax when it tacklea the issue on Monday. The tax coule raise about $3 million.

New monument explores significance of Martin Luther King Jr.'s life - NewsOK.com

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New monument explores significance of Martin Luther King Jr.'s life NewsOK.com The earliest quotation comes from 1955 and the latest four days before his assassination in 1968. On the main boulder, there are two sayings: “OUT OF THE MOUNTAIN OF DESPAIR A STONE OF HOPE” and “I WAS A DRUM MAJOR FOR JUSTICE, PEACE AND RIGHTEOUSNESS. ... and more »

Haskins instructs Farmedic course in NY - The News

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The News

Haskins instructs Farmedic course in NY The News Former Ash Flat resident Alan Haskins, Director of the Black River Technical College's Fire Science Program (left), instructs New York firefighters recently on techniques of removing a victim entangled in a baling machine. He was one of two selected ...

Nashville's Rocky Relationship with Memphis - MyFox Memphis

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MyFox Memphis

Nashville's Rocky Relationship with Memphis MyFox Memphis Memphis, Tn - Let's be honest. You can't blame Memphis City Councilman Harold Collins for expressing a little paranoia when it comes to anticipating the actions of the upcoming new session of the "rootin'..tootin" Tennessee General Assembly. ... and more »

TECO profit falls as operations pared - Tampa Bay Business Journal:

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million, or 77 cents a compared to $413.2 million, or $1.97 a share in 2007. Revenue for 2008 was $3.4 down about 4.5 percent from $3.6 billion in revenuse in 2007. For the fourth quarter of net incomewas $22 million, or 10 a share, compared to $173.9 million, or 83 centss a share, in the fourth quarter of 2007. Fourth quartet 2008 revenue was $770.3 million, a 10.3 percent decreasew from a year earlier, when revenue for the fourt h quarterwas $858.
3 The weak economy, combined with the impact of the sale of , a transportatio n and storage subsidiary, were responsibl for the decline in year-over-year profits, according to a release from TECO (NYSE: TE), a Tampa-basedd energy holding company. In TECO’s net income included $86. million from the operations of TECO Transpory and the production ofsynthetic fuel, the releasee said. Additionally, the fourth quarter of 2007 includee $149.
4 million in an after-tax gain from the sale of TECO In 2008, the weak economy slowed Florida’s previouslty consistent growth, and the slowdown was reflected in TECO’s results, Sherrilkl Hudson, chairman and chief executive, said in the release. He also said mildef than normal weather for much of the year in Floridas reduced resultsat , the company’s largest At Tampa Electric, net income for the fourth quarter was $28.90 million, compared with $29 million for the same periof in 2007. Net income for the full year of 2008was $135.6 million, compared to $150.32 million in 2007.
Tampa Electric was hit particularl y hard in the fourth quarter by the downturnj in the Florida housing market and the growing number of foreclosuresd and increasedresidential vacancies, the release Retail energy sales dropped 4 percent for the fourth quartet and 2.8 percent for the full year of 2008 at Tampaw Electric.