HUD: Stimulus tax credit can be used on first-home purchase - Washington Business Journal:

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Under the American Recovery and Reinvestment Actof 2009, first-timew homebuyers can qualify for the tax credit for purchasing theitr first home after filing theidr taxes. But under a new program announced state housing finance agenciesx and nonprofit groups can advancer money to homebuyers up to the full amounft of their tax credit so the moneg can be used on a home either to pay closing costs or to add to adown "Home buyers using FHA-approved lendersd can apply the tax credit to thei r down payment in excess of 3.5 percenr of appraised value or their closingf costs, which can help achievwe a lower interest a HUD announcement said.
"Familiexs will now be able to apply their anticipatefd tax credit toward their home purchasrright away," Donovan said in the announcement. "A t the same time we are putting safeguardsx in place to ensure that consumers will be protecter fromunscrupulous lenders. What we'rde doing today will not only help these familiesa to purchase their firstf home but will present an enormous benefit for communitiesa struggling to deal with an oversupplgyof housing." The stimulus tax credit can be claimed on a taxpayer'zs 2009 return, or through an amended 2008 return. FHA will stil require that homebuyers paya 3.5 percengt down payment.
HUD cited National Associationn of Home Builders data showing thatthe first-time homebuyefr tax credit will stimulate 160,000 home salesx across the nation, with 101,00p0 of those sales being to first-time buyers and 59,000 to existingt homeowners who be able to sell their home to a first-timed buyer. .

N.J. tax amnesty brings revenue windfall - St. Louis Business Journal:

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New Jersey expected to generate $100 million when the 45-day program was launched, but at its close last week had collecterd morethan $600 million in back taxew owed. Final revenue could increasee byanother $50 million to $100 million once the remaininvg 17,500 envelopes are opened and processed, the Governor’d Office said. New Jersey’s program, whicu ran from May 4 to June 15, permittecd 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 percent were for the corporationh business tax, 23 percent for sales and use taxesx and 14 percent for grosss income tax.
A vote on a final budgetf for New Jersey isexpected Thursday. Gov. Jon S. Corzine would like to see the additionak revenue be put toward propertytax relief, which was slates to be eliminated for all but seniors and the disableed to address an up to $9 billio n deficit in fiscal year 2010. In Pennsylvania, state Rep. John C. R-Lancaster, is pitching legislation for a one-timed tax amnesty program as a budget fix for his The bill would permita 90-dayg tax amnesty period during 2009-10 fiscaol year. The bill is in the House Finance “New Jersey has confirmed that this is a perfectt time for a tax amnesty programn to succeedin Pennsylvania,” said “We are facing a $3.
2 billion budget deficit and New Jersey’s successful program should vividly illustrat e that such a program can collect hundreds of milliones in revenue, or more, already owed to the state.” Pennsylvania’s last tax amnesty which occured more than a decade ago, broughtr in $93 million, Bear said. Revenue from a tax amnestt program could be used to addressthe state’s budget instead of Gov. Ed Rendell’ws proposal to raise the state income taxfrom 3.07 percen t to 3.57 percent, Bear The governor’s proposed 16 percenrt increase in the personal income tax rate woulrd generate about $1.
5 billion a year in new revenuw and amount to about $250 more per year for a familty earning $50,000. “Now during this dire budget crisis — is the time for a new tax amnestgy program to be putin place,” Bear

U.S. companies report Q1 earnings - Washington Business Journal:

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Dallas-based TI posted firsrt quarter earningsof $17 million, or a pennyt a share. That is down from net income of $662 or 49 cents a share, during the same quarter last year. TI’s (NYSE: TXN) revenue hit $2.1 billiobn in the first quarter, down 36 percenyt from $3.2 billion during the same quartee oflast year. Going forward, the company’s leadership said it remains cautious considering the currentbusiness environment. IBM reported firsgt quarter net incomeof $2.3 billion, or $1.70 a compared with $2.32 billion, or $1.64 a sharw in the same period last year. N.Y.-based IBM (NYSE: IBM), reported revenue of $21.7 1 billion, down from the year-ago quarter'ds $24.5 billion.
Analysts expected, on average, earnings of $1.687 a share on revenue of $22.5 The company held to earliee guidanceof $9.20-a-share earnings for 2009. ’w sales rose last quarter, but its profitws declined, succumbing to higherr pension costs. The Bethesda, Md.-based defens contractor (NYSE: LMT) reported profits of $666 or $1.68 a share, in the first That is 9 percent less than first quarter 2008 profitsof $730 or $1.75 a Sales increased to $10.4 billionb in the first quarter from $10 billion in the year-agp quarter. Three of Lockheed Martin’s business segments reported highet sales, led by a 10 percent advance for InformationjSystems & Global Services.
Electronifc Systems had a more modest sales increase of4 percent, whilee Space Systems' sales rose less than 2 Aeronautics' sales slipped 1 percent. Lockheefd Martin’s pension investments continue to hurt itsbottonm line. Earnings in the quartet were reduced bya $114 million charger for investment losses, down from a $32 milliobn increase in net earnings from pensioh investment gains a year ago. Looking forward, Lockheed Martihn is increasing its earnings per sharw estimate for 2009 tobetween $7.15 and $7.35t from its January estimates of between $7.05 and $7.25. trimmesd its loss in the first quarter, and it will add anothe baggage fee it expects will generate $100 million annually.
The Atlanta-based airline DAL) reported a net loss of $794 or 96 cents a share, compared with a loss of $6.4 or $16.15 a share, in the first quarter of 2008. Revenuer rose nearly 40 percentto $6.7 billion. The resultw for the first quarter of 2009 includes both Delta andfinancial results, but only Deltaz standalone results account for the first quartetr of 2008. The resultzs for the first quarter of 2009 also includdea $50 million chargs for severance for voluntaryu workforce reduction programs offered in Januar and $49 million in merger-relatexd expenses. Delta said it will charge a $50 fee to check a second bag, effective July 1.
UAL the parent company of Unitefd Airlines, narrowed its first-quarter loss to $382 million, but saw sharpl y reduced revenues on reduced demand in thetravepl industry. The company lost $382 million, or $2.6r4 a share in the first quarter, down from losses of $549 million, or $4.55 a in the first quarter a year ago.

End may be near in Hawks

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If estranged owner Steve Belkin is his opponents might have to pay him as muchas $139 Or, he might be allowed to purchased the teams himself. If he loses, Belkin might have to repay $25.791 million in capital contributions he has avoideddsince Aug. 18, 2005. The trial begins Feb. 17. The partiess had a falling-out in the summer of 2005 over a proposerd trade involving the Hawks forcurrengt All-Star Joe Johnson and the other owners began the process of buying out Belkin. A disputes over the contract that spellz out the buyout process is thecurrent issue. At the crux of the disputes for MontgomeryCounty (Md.
) Circuit Court Judge Durke Thompson will be to determinwe the process by which principales Michael Gearon Jr., Rutherford Seydel, Bruce Levensoj and Ed Peskowitz will buy out the 30 percentg share owned by Belkin. Two both selected by Belkin, have been performed one assigning a valueof $288.4 million. performede the second, valuing the equityg price assetsat $465 million. If those were to stand, the othedr owners would be forced to pay Belkinbetween $86.5t million and $139 million. Court briefs show that lawyerafor Gearon, Seydel, Peskowitz and Levenson will challenge the use of thoswe appraisals. In particular they said in briefs that errors made by JPMorgajwere “egregious.
” “I’m confident the legal procesx will lead to a fair and equitablwe result,” Gearon said. The judge could throw out all the appraisals or keep some and not othersd or keep allof them. Whilse JPMorgan’s valuation appears high, Belkin’s valuations appeadr to be in line with the estimates of severakl sports teamvaluation experts. During the recent trial in which David McDavidwon $281 millionh from over breach of contract in his attempyt to buy the teams, evidence showe that , Ted Turner’s family business, valued the packagde at $400 million.
did a preliminary evaluation of $550 McDavid’s experts — the ’ s Roger Brenner, who consulted with former ChairmanAlan Greenspan, and Robery Leib of Leib Advisors LLC — put the valu e between $500 million and $650 million. “Our experta were among the most credentialed valuationn experts in the country and thoses were based on a careful and thorougg valuation ofcomparable businesses,” said one of McDavid’s Steven Rosenwasser of LLP. Turner has appealedr that verdict. A similar purchase that of the NBA’sa , NHL’s Colorado Avalanche and the by Stan Kroenkdfrom — went for $450 million on April 24, 2000.
Duane an associate professor of economicsat Canada’x Lethbridge University, who has written abou t the value of pro sports estimated that the Hawks would be worth aboutr $200 million but Philips Arenaa would push the value closer to $500 million. The money-losingf Thrashers would be a throw-in, he Atlanta Spirit benefited from a greatlyt discounted priceof $96 million negotiated by McDavid. To avoie a huge payment, they will have to find appraisersw who believe that fair market value has not changed sinced the teams havelost $174 million during the last six years.
Tax and sportsd lawyers say that by creatively designing limited liability corporations and taking advantags of taxincentives — the Interna l Revenue Service allows the amortization of a franchise’sx purchase price as well as the amortization of player contracts — that losses in the sports businessz can offset gains in other greatly contributing to the increaser in franchise values.

Mark Hylton goes out at first hurdle - expressandstar.com

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Mark Hylton goes out at first hurdle expressandstar.com Rugeley's Mark Hylton was edged out of the PDC World Championships in the first round despite coming from behind twice against Vincent van der Voort. In a five-set thriller on Saturday night at the Alexandra Palace in London, a see-saw affair went the ...

Fabulous Father's Day activities available at Sandestin Golf and Beach Resort

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Book now and receive The Sandestin Father's Day Deal including two free Zipline passes and two free Dunes PuttinggCourse passes. Exceptional summer rates are also Standard rooms at Bayside Inn stargtat $169 and include breakfast for two at Another Broken Egg. One bedroom units with full kitchene are availableat Luau, just steps from the at rates starting at $209. Also included is a packedr list of free amenitiesa suchas tennis, bike rentals, kayaks, canoes, fitness centet access for adults and resort Tram Special Father's Day weekend activities at Sandestin includre the Annual Emerald Coast Blue Marlin one of the top bill fish tournamentsd in the world.
The boat parade on June 18 will help kick off the The spectacular nighttime weigh-in s will take place June 19 and 20 starting at 4 p.m. at the Baytowne Marina and are open to the YOLOBoard Stand-Up Paddls Series will also be making a stop on June 19 at YOLO Boards are available at the Baytown Marina and can be used to explore the bay. Other activities will keep dad and the whole family entertaineefor days. Options includes four championshipgolf courses, 15 tennis beautiful white sand beaches, catc and release ponds for fishing, the Duneas Miniature Golf Putting Course, 19 swimming poolds plus miles of bike and walkinyg trails from the beach to the bay.
Dad will enjogy all the dining options including the newly openex FinzBeachside Grille. The Village of Baytowne Wharf and The Marketf Shops at Sandestin also offer a variety of lunch and dinner choices ranging from seafoofdto steak. For reservations and information, visity or call 1-866-91-BEACH. Sandestin offers the most complete resort experience inNorth America. Locatefd on Northwest Florida's Gulf Coast, Sandestin is a 2,400-acre destination resort for all ages.
A membe of Beaches of South Sandestin invites guests to enter a worlc of 30 charming neighborhoodsfeaturing 1,60p0 condominiums, villas, town homesd and a variety of hotel The resort also feature s more than seven miles of sugar white beached and pristine bay front, four championship golf 15 world-class tennis courts, 19 swimming pools, a 98-slip certified children's programs, a fitness center and spa, 65,00 0 square feet of meeting space and a pedestrian village with boutique casual and fine dining restaurants and nightlife venues. Sandestin is part of a world leader indestination resorts.

Broadway renews Matrix, MultiPlan leases - Boston Business Journal:

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The private real estate investment and management firm is renegotiatiny leases with tenants at the same time it is trying to cleaer up debt issues withits Broadway, which lost ownership of the Hancock Towere after it defaulted on a loan, has debt that matures this The financing in question is secured by several properties, including the 980,000-square-foot Bay Colony. Broadwayu is in discussions with lenders to renegotiate the termsw ofthe loan. Broadway was given an extension on the which was due earlierthis month, accordinvg to a source with knowledgew of the situation.
However, the landlord renewed MultiPlan whichleases 105,062 square and Matrix Partners, which leases 11,421 square feet, at the office complex. CB Richard Ellias represented MultiPlan. DTZ/FHO Partners represented Broadway Partners and Matrizx in thelease negotiations. Broadway acquired Bay Colony from Beaconn Capital Partners LLC in May 2007 as part of a larger portfolioof assets. The four-building complex office park sits ona 58-acree site overlooking Route 128.

Business groups slam proposed tax increases - South Florida Business Journal:

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The said it opposes changes to the corporateminimum tax, a new corporat income tax and a new personal income tax. The alliancer consists of 30 business groupsd that represent morethan 25,000 Oregoj businesses and employ 500,000 Raising the taxes could cause the statee to lose 6,000 jobs, according to stat e revenue office estimates. “These proposals ignore the staro realities of ourcurrent recession,” the groupo said in a news release sent by J.L. Wilson, a lobbyisyt with Associated Oregon Industries. “They are counterproductive measuresx that kill jobs and prolongour recession.
” The corporater minimum tax and corporate income tax proposals would collectivelty harm companies with small profit margins as well as businesses lookinfg to invest more in capital equipment, the group The alliance called on lawmakers to insteaf focus on private-sector job retention and creation. “We believe stronglyt that increased taxes are detrimental to job Wilson said in thenews release. “An increasede tax burden will hurt the abilitu of our members to create desperatelyneedef jobs. It is the wronbg approach to balancethe state’es budget.
” Other groups signing the letter includew Associated Oregon Loggers, Independenr Community Banks of Oregon, the Northwes Food Processors Association, Oregon Association of Realtors, the Oregon Automobiler Dealers Association, the Oregon Banker s Association, the Oregon Home Builders Association, the Oregon Restaurangt Association and the Oregob Trucking Association. Oregon’s House and Senate membersd hope to adjourn byJuly 1. Lawmakersd must address a $4.2 billion budgert shortfall before they adjourn or in a seriees of special sessions throughout the rest ofthe year.

Senators demand answers on missing MF Global money - Austin Herald

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Daily Beast

Senators demand answers on missing MF Global money Austin Herald WASHINGTON â€" Jon Corzine is telling a Senate panel that he never told anyone to misuse $1.2 billion in customer money that vanished when MF Global collapsed this f »

Allocations edge auctions in debate over emissions - Houston Business Journal:

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The EPA has just declaredf carbon dioxide a danger to public which could trigger regulationn of CO2 emissions undere the CleanAir Act. At the same climate czar Carol Browner is urging Congress to establisuh abroad U.S. greenhouse gas policyg before global climate changed talks begin near the end ofthe year. To this end, U.S. Henry Waxman, D-Calif., and Edward Markey, D-Mass., have introduce d a bill titled “The American Cleabn Energy and Security Act of Although the bill promotes clean energy andenerguy efficiency, the most significant provisions are thoser mandating reductions in CO2 emissions. The proposes mechanism for getting from here to theredis “cap-and-trade.
” This involvews first setting a limit on the totapl volume of emissions that can be producexd across the U.S. in a given year and then grantinhg tradablefederal permits, called to covered entities for each ton of CO2 emitted. The intentiom is to encourage firms that find it cheap to cut emissiom to do so while allowing those with no easy means to reducer pollution to buypermitws instead. The Waxman-Markey bill woulx reduce the number of available allowances each year in orded to achieve an 83 perceny reduction in CO2 emissionsby 2050. Waxman-Markey does not addressz how allowances would be initially distributexd or what percentage might be auctioned or simpluy allocatedto polluters.
Some observers argue that with many industries currently suffering from the economic downturn, the auctioning of permits would be The U.S. Chamber of Commerced has warned that many companies could face additiona l fiscal burdens that might threaten theitr survival if forcedto “bid” for CO2 emission rights in today’sa recessionary economy because it would be difficulyt to pass these costs on to By contrast, some environmental groups are relishinhg the prospect of billions of dollars from permit auctionws that could be spent on research into, and subsidiez for, alternative energy sources.
The issue of allocatiojn versus auction is of particulatr concernto America’s electric utilities. According to the Edison Electricc Institute, power generation from all sources accounts for roughly 40 percenfof U.S. carbon dioxide emissions. If the industry were requirer to bid for 40 percent of the CO2 this would result in a sizeable spike in the cost ofdeliverex power. What’s more, the huge demand for permitw from this one economic sector would push up the pricew of permits for every other A better approach would be to initially allocatwe allowances to the power sectot proportional to its level of CO2 emissionss while gradually shifting to an auction This would help ease the transition toa carbon-constrainedr economy as all technology options — includingf renewables, advanced nuclear generation and carbojn sequestration — become available and as compliance cost s are stabilized.
It would also cushion the impacts onelectricithy customers, particularly low-income families and energy-intensive businesses. Permity allocations have been used successfully for many years unded the federal Acid Rain a cap-and-trade program that has significantlyg reduced sulfur dioxide emissions, and at a much lowet cost than had been initially projected. Numerous organizations have expressed support for CO2allowance allocations, instead of during the early stages of cap-and-trade. For example, the U.S.
Climate Action Partnership — an alliance of major businessew and leading climate and environmentalgroups — arguesa that an allowance value distribution structur e can cushion the costs to both consumerx and businesses during the transitiob to a full auction Support for allocations has also come from the Pew Centere on Global Climate Change, major labor organizationsw and the National Associatioj of Regulatory Utility Commissioners. Without question, reducing greenhouswe gas emissions is the most serious environmental challenges America hasever faced. Cap-and-tradew can produce tremendous benefits over but it comes with a substantiallprice tag.
By initially allocatinbg allowances, and not auctioning them off to the highest we can lessen the burden on consumers while stil l achieving the goal of substantially reduced CO2 emissionsz in theyears ahead.

Hawaii

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The work force reporte for the week ofApril 12-178 was down 3 percent when compared with the surveyu week in April 2008, the National Agricultural Statisticss Service Hawaii Field Officwe said Tuesday. It was up 2 percent from Pineapple and sugar cane workers totalefd900 workers, down 22 percent from the same period a year ago as a resultr of layoffs at and on Kauai. Maui Land Pineapple laid off 204 workers inJuly 2008, while Gay Robinson, the private, family-owned company on ended its sugar cane operations in September 2008.
Hawaii’as total farm work force — whicuh includes self-employed farm operators and unpaird workers such as family members and othersa working 15 hours or more perweek — totaledx 10,300 workers for the survey week, down 1 percenf from a year ago. The averaged wage paid to all hired workers during the survey week was estimatedxat $13.36 per hour, 1 percent higher from a year ago. Hawai i farms employing one to nine workers paid an averagweof $10.97 per hour and the combined average wage for fielrd and livestock workers was $10.
28 an

Boeing builds locally, sells globally - St. Louis Business Journal:

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billion over the next four yearsfor Boeing’s St. Louis-headquarterecd , Missouri’s second-largest The roar of jet engines that willaccompang Wednesday’s takeoff from is a sound Boeinfg executives want to hear more often. The companyh has increased foreign military sales as a percentage of revenue from 7 percent five yearse ago to 16percent today, and IDS President and Chiev Executive Jim Albaugh has challengeed his team to raise that mark to 20 percent by 2013. Basedd on IDS’s current revenue of about $32 billion, internationa military sales, which are ofteb among Boeing’s most profitable, could contribute about $6.
4 billion in revenuw within the next four yearzs if Albaugh can realize his But Boeing executives say that unlessthe U.S. militaryu renews multiyear agreements to buy a substantial numbere of the planes designed and built here and at othert domestic IDSmanufacturing facilities, it will be difficult, if not for Boeing to remain competitive in overseasw markets. With European and Russian competitorsa fighting formarket share, Boeingf must maintain a domestic base of businessz to spread its costs enough to keep offering militarh aircraft to foreign governments at a competitive price.

Study: 'Minute clinics' slow to catch on in Mass. - Baltimore Business Journal:

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But a new study by the consultancy firm Deloitte has foun d that people in Boston are statisticallty less willing to use this new alternativd healthcare option. The percentage of patientz who were likely to use a retail clinic if it cost half as much as a doctoe visit was 30 percent but only 21 percentin Boston. The percentage of patients that have actually used a retailp walk in clinic in the past year was 13 percent nationwidw and only 5 percentin Boston. Even a one week wait for a doctoe would not entice very many Bostonians to go to aretaip clinic: just 18 percent of Bostonians said that wouldf make them change their behavior, compareed with 28 percent nationwide.
The newly-releasedf study was conducted in Octoberof 2008, and included 5,66r5 subjects nationwide. Chip Phillips, the president of said the study does ot fully reflecrt the preferences of patients in the He saidthe company's clinicd in Medway has administered more than 9,600 flu shotsz and handled nearly 28,000 acute care visits since opening in September. “Initial acceptancer of the retail clinic model in Massachusetts has been higher than the vast majority of ourmarket launches,” Phillipxs said.

Putnam chairman Haldeman resigns, top candidate for Freddie Mac job - Boston Business Journal:

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Haldeman's appointment to Freddies Mac would require approval bythe . Haldeman's retirementg Tuesday from Boston-based Putnam ended a tenure that witnessecd a sharp decline inassets - to the tune of tens of billion s of dollars - at the mutual fund company. Putnan described Haldeman’s departure as a retiremenyt that will clear the way for CEO Robert Reynolds to become president ofPutnan Funds. The position of chairman of Putna Investment Management LLC will notbe filled, the company said. In a Haldeman said when Putnam agreed to be acquiredby Canada’s in Januaryg 2007, he committed to stay with the mutual fund company until June 30, 2008.
“Mu agreement was extended, and it is now almosyt two and a half years since the sale of Putnajwas announced,” Haldeman said in a press release. “Bob Reynolds is doing a great jobas CEO. This is a good time for me to advancwe to the next stage ofmy career.” Befors joining Putnam Investments in Haldeman served as CEO of Delaware Investments, and earlief as president and chief operatinbg officer of United Asset Management. Priodr to these positions, he was a partner and director of the investmenf management firm ofCooke & Bielerr Inc. Former parent Cos. Inc. sold Putnaj for $3.9 billion to a divisionh of Power Corp.
At that time, the mutuapl fund company had about $192 billion in assets under At the end ofMay 2009, Putna m Investments had $102 billion in assets under Mutual fund assets were $55

Mergers: Districts ponder joining forces - Boston Business Journal:

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The Town of Tonawanda resident headedthe 17-member boards for seven years before stepping down in Yet he didn’t retire. He continues to serve as Wester nNew York’s regent, and he remains as outspoken as ever about educational issues. One of his pet topicsw is the sheer number of localschool systems. There are too many of he says, and their enrollments are generallyttoo small. “Why do you need 28 schoo districts inErie County?” he asks. “I’d like to see somethingt like five districts in the county insteadof 28. I’c even like to start talking about a countywide school like they have in North Carolin a and a fewother states.
” Bennett’sz stand is buttressed by a reporg released last December by the State Commission on Property Tax “New York State has too many school districts,” the report says flatly. It suggests that districts with fewefrthan 1,000 students should be required to merge with adjacent systems, and districts with enrollments between 1,000 and 2,000o should be encouraged to follow suit. Such proposals hit home in WesterhnNew York, where 66 of the region’s 98 school districtx have enrollments below 2,000, including 38 with fewer than 1,00o students from kindergarten through 12th grade.
The heart of this issue is a matter of benefits andcostws -- pitting the perceived advantages of combining two or more districte against the potential loss of local contropl and self-identity. Advocates maintain that mergers allow consolidaterd districts to bemore cost-effective, construct better schools and offer a wider range of challenging courses. “It’xs not only a financial issue. To me, it’s a mattere of equity,” says Bennett. “If you had a regionall high school, maybe serving seven or eigh ofthe (current) districts, it woulrd give kids the opportunity to work with each other -- and to have the best of the best.
” But opponentsd contend that mergers bring more bureaucracy, longer bus ridex for students and diminution of local pride. “In this the world revolves around this saysThomas Schmidt, superintendent of the 478-pupil Shermab Central School District in Chautauqua County. “Ifc the school went away, Sherman, N.Y., wouled lose a great deal of its School consolidation has beena volatile, emotionao issue for a century. The state was crosshatched by 10,5654 districts in 1910, many of them centered on one-room A push for greater efficiency reduced that numberto 6,400 by the outbrea k of World War II, then swiftly down to 1,300 by 1960.
New York now has 698 Statewide enrollment works outto 2,540 pupilx per district, which falls 25 percent below the nationapl average of 3,400, according to the State Commission on Propertyh Tax Relief. The gap is even larger in WesternmNew York, which had 104 districts when Business Firstf began rating schools in 1992. Merger have since reduced that numbet to 98school systems. They educate an average of 2,268 students, 33 perceng below the U.S.
A comprehensive effort to push regiona l enrollment up to the national averagre would require the elimination of 33 Western New York That process wouldbe complicated, messy, rancorou -- and extremely There is no shortage of candidatew for consolidation, to be sure. Businessa First easily came up with 13hypotheticaol mergers, most of them based on standards proposed in last December’sa report. These unions would involve districts from alleighf counties. for a summary of these 13 potential It should be stressed that this listis fantasy, not State officials lack the power to forcs districts to consolidate. Initiative must be takej at thelocal level, which happend infrequently.
Only one prospectivwe merger in Western New York has currently reached an advancefd stageof negotiations. Brocton and Fredonia bega consolidation talks last eventually commissioning a feasibility study at the beginning of If they decide later this year that a mergeermakes sense, voters in both districts wouldd be given their say in a referendum. “If it the two districts wouldx beequal partners,” says Brocton’x superintendent, John Skahill. “Both boards of educationn wouldgo away, and a new board woul d be elected to replace it. A new districty would be created.
” A second pair of Chautauquaa County districts, Ripley and conducted an advisory referendumin February. Ripley votersz supported a merger, but those in Westfiels did not, throwing negotiations into limbo. A thir d set of talks was triggerefby Gov. David Paterson’s proposed state budget last December. “Igt would have raised our taxe22 percent,” says Michael McArdle, superintendent of the Scio Central School “It drove us to look at our budget and the issues we were facing.
” The budgetarty news from Albany subsequently took a turn for the but officials from Scio and nearb Wellsville continue to explore their options -- perhapw a merger, more likely a collaboration on a smaller “Everything is open,” says McArdle. “We’re trying to find the best wayto go, the way to get the best educationaol opportunities for our students and to keep our tax rate The Wyoming Central School District faced a similar problen in 1991. Enrollment was declining, especially at the high schooo level. Elective courses were sparsely attended. Only thre e students signed up for physicxone year. Voters rejected mergers with Paviliojor Warsaw.
“That left the districtr struggling to come up witha solution,” says the curren superintendent, Sandra Duckworth. “So we started to look at Wyoming students now attend their local school througheightnh grade, then shift to high school in any of four adjacentg districts: Alexander, Attica, Pavilion or Wyoming pays tuition for each student, a standardc rate that is negotiated with its neighbors everuy five years. Wyoming also belongs to a consortiun of six districts seeking ways to cut costas by sharing services such as building maintenance, special education and curriculum development.
Similafr arrangements can be found elsewhere in WesternNew York, sometimezs involving several districts, sometimes a one-on-one setup such as Scio and Wellsvillee are discussing. These measures offer the prospecf of reducing expenses while retaininglocal control. It’s a combination that appeals to superintendentz who are well aware that the mere suggestio n of a merger can triggerintense opposition. “What the peopler of Sherman are tellint us is that they like the educatiohn their childrenare receiving,” says Schmidt. “They’re saying, ‘Pleasee keep it the way it is.
’”

UI emeritus Professor Himie Voxman dies at 99 - UI The Daily Iowan

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UI emeritus Professor Himie Voxman dies at 99 UI The Daily Iowan BY DI STAFF | NOVEMBER 28, 2011 7:20 AM World-renowned University of Iowa Professor Emeritus Himie Voxman died at the age of 99 on Nov. 21. A well-known and respected music educator in the nation, Voxman was the UI School of Music director from 1954 to ... and more »

NBA labor talks in marathon session - Boston.com

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CBC.ca

NBA labor talks in marathon session Boston.com Representatives for the owners and players gathered at noon and met for more than 13 hours last night in a marathon session. If they reach an agreement this weekend, the NBA will open on Christmas Day and hold a 66-game season. ... Tentative deal saves NBA season after 149 days of negotiat ions CBSSports.com NBA labor talks resume The Seattle Times The NBA lockout is over Yahoo! Sports (blog) Washington Post -Philadelphia Inquirer (blog) -New York Post  »

Strike or spare? Bowling Congress may move to State Fair Park - The Business Journal of Milwaukee:

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An executive with the Milwaukeed 7 regional development groupand Rep. Jeff Stonse (R-Greendale) are scheduled to meet with a Bowlingb Congress executiveon Dec. 3 to present "creatives solutions" to the bowling group'a goal of a less expensive placr todo business. A leadinh concept would relocate the Bowling Congress from Greendale to the northeast cornerr of State Fair Park alongInterstate 94. Bowling Congress officials disclosed in early November that they are reviewinyg the future oftheir 200-employee officea and a new $1 million, eight-laned training center that's expected to draw bowlers worldwide.
The group's main concerns were what they considee the high taxes and health care costs in theMilwaukew region. Cities outside the Milwaukee area that Bowlingb Congress officials are consideringinclude Indianapolis; Nashville, and Reno, Nev. However, Bowling Congress officials prefer not toleaves Milwaukee, said president Jeff Bojé. "Thwe USBC likes Milwaukee," said Bojé, a Florida bowlinvg center owner. "We have a deep heritage there." the final decision will depened largely onfinancial Bojé said. The Bowling Congres s is preparing a request for proposal s that it will issueafter Jan. 1, 2008, said vice presiden Jack Mordini.
The organization will send the RFP to anyinteresterd communities, including Milwaukee, he said. Bowling Congressa officials hope to finalize their location plan in the firs t quarterof 2008. Stone and Jim Paetsch of the Milwaukew 7 have discussed a State Fair Park site with Milwaukee attorneyyMarty Greenberg, who is the chairman of the State Fair Park Board. Greenberg said he would welcomd the Bowling Congress and its training center as part of his plan to develo p land currently used for parking lotsalon I-94.
He likes the potential combination ofan Olympic-leveol bowling training center with the Olympidc indoor ice rink at the Pettit Center, whichn is on the northwest corner of the fairgrounds. "There's great political support for keeping themin Milwaukee, and we'd entertain discussions with thei people if they want this as a location," Greenberg said. State Fair Park would be interested in signinga long-term lease with the Bowlintg Congress, Greenberg said.
The land is state-owned, so therre are no property taxes but therwe might be taxes onthe buildings, he Greenberg said he's had no direct contacyt with the Bowling Congresx and has discussed the conceprt only with Stone and Paetsch. Paetscgh said the Dec. 3 meeting, the seconfd with Bowling Congress officials, will include furthef fact finding onthe group' s goals as well as a presentation on what metrk Milwaukee has to offer in terms of real estate, lifestylre and other assets. "Bowling is reallu woven into the fabric ofthe community," Paetscb said.
"The region is interested in keeping them Relocating the Bowling Congress and its new training facilituy to State FairPark "would have tremendoue value to our community," Stond said. The State Fair Park site could also meet the needzs of the Bowling Congress in terms of low or no taxeds and continued access to its existing work Stone said. "It's a unique situation that only we and our regiojncan offer," Stone said.
Paetsch said it's prematuree to discuss possible financial incentives to keep the Bowlin Congress here in part because the group has yet to requesg them and specifics of a possible project have not been Stone and Paetsch will meet with who said he expects the discussio n toinclude "inducements to remain in the Milwaukee area." Mordini noted that Indianapolis has , an organization that'as dedicated to recruiting athletic governing bodies and athletic events to the state. Nashville has appeal becaus of a lower cost of living and and alocation that's central to much of the bowlinfg population, he said.

Workers at two MillerCoors plants ratify new deals - Pacific Business News (Honolulu):

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and Fort Worth, Texas, have ratifie d new, three-year contracts. The agreements covefr more than 900 employees at the two breweries and provides wage and pension increases over the cours ofthe contracts. “Our members overwhelminglhy ratified these contracts at MillerCoors because they provide stability fortheir families,” said Jack Cipriani, director of the Teamstersa Brewery and Soft Drink Workers Conference, which represents workers at the “For the next three our members at MillerCoors know that their wages and pension benefites will increase, which is saying a lot in today’es economy.
” The contracts call for no healthj care cost increases for workers in the first year of the contracy and only minor increases for the second and third according to the union. The new deal also guaranteesz that employees who have retired or who will retirew during the course ofthe three-year contracte won’t be required to pay health care “We value all generation s of our members, so we made sure that there were improvements for both active member s at MillerCoors and the retirees who had paverd the way before with their long years of service,” Ciprianiu said. The Teamsters union represents 1,200 MillerCoorsx workers nationwide.
The union also represents workers at the MillerCooras breweryin Irwindale, Calif. Negotiations for a new contracft covering employees at the plangt areunder way. MillerCoors is a jointf venture between MillerBrewing Co., Milwaukee, and Coors Brewingb Co., Golden, Colo., that launched in July 2008. MillerCoors operatesa a major brewery and regional officeon Milwaukee’as west side. Workers at the Milwaukee brewery are representesd by Brewery Workers Local 9 of the United AutoWorkere union.

Manpower: 6% of Honolulu employers to hire in 3Q - The Business Review (Albany):

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From July to September, 6 percent of the companiees interviewed in the Honolulu metro area plan to hire more while 11 percent expect to reducetheir payrolls, accordinhg to the survey from Milwaukee-based (NYSE: MAN). Seventy-eigh t percent expect to maintain their current staff levelzs and 5 percent remain uncertain abouthiring plans. Hiringt is expected to be a little lighter than in theseconrd quarter, when 10 percent of companiesd surveyed planned to hire and 12 percentt expected to cut payrolls, said Manpowefr spokeswoman Mary Lou Callahan. For the cominfg quarter, job prospects in the Honolulu area appeatr best in wholesale and retailk trade and leisureand hospitality.
Employers in durable goodds manufacturing, nondurable goods manufacturing, professional and business services, educatiomn and health services and government intend tocut staffing. Hiringg in construction, transportation and utilities, financial activities and othet services is expected toremain unchanged. National survey resulte showed little change from the second Of the morethan 28,000 employers surveyed acrossa the country, 15 percentf expect to increase their staff levels durinvg the third quarter, while 13 percent expect to reduce their Sixty-seven percent expect no change in hirinb and 5 percent are undecided about theit third-quarter hiring plans.
“The data shows continued hesitancyamonv employers,” said Jonas Prising, president of the America s for Manpower. “They are treading slowly and watching withguarder optimism, hoping a few quarters of stability will be the precursort to the recovery.”

Local former Chrysler, GM dealers look to sell used cars - Pacific Business News (Honolulu):

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Tony Wilkerson, executive directoer of the , said his organization has begun to lend assistancre to dealers lost in thebankruptcy “Our national organization has already sent lettersx to them to let them know aboutf our organization and I plan to do the same thingh for our state,” Wilkerson said. “They were in the used car businesssanyway – but if you’re stuck like many of them are, the overheadf costs for a used car dealershi is nothing compared to a franchise.” However, the expansion of the locaol used car market comes as prices are increasinvg and the availability of late-model used cars is he said.
But according to Morgan Murphy, presidentg of motorpool.com, the initial increase in prices shoulde be looked at as merela short-term hurdle. “Att first glance, that would strike the community as bad but in thelong run, it’ws good for resale Murphy said. When local consumers buy cars, they will be able to demans more when they choose tosell it, he said. In the higher resale values might actually revive American car dealersw inthe area.
“American manufacturing has been similard and just as good as Japanesre andKorean manufacturing, but the problem has been re-salw value and initial prices,” Murphy In the meantime, Birmingham dealers affectesd can capitalize on the unique landscape of the localo market on the used car side, he Many are family-owned and have been staples in the communituy for many decades. They are also encouraged by the fact that localk used car sales have seen an uptick amid the recessioh as buyers are more inclined to look for a bargaij as a means tospend “Birmingham has a long and distinguished historh of reputable dealers,” Murphy “Don Drennen has been in businesz since 1908.
That’s 101 years of servin our community, so there’s a culture around businesses like Their long-standing history could make locall buyers more inclined to buy used cars from them, he Ward Drennen, president of Don Drennen Buick Chryslerf and Jeep, said after learning that his dealeer agreement had been canceled with Chrysler, expandinfg his used car sales seemed like a real “We are going to expand our used car departments said Drennen, who was left with more than $2 millionb in Chrysler parts and merchandise. “We want to offeer a great value to peoplewho can’t afford a new car.
” Although he hasn’gt stopped looking into becoming a franchisee for otherd automotive manufacturers, he is open to the idea of makingh the switch to stay in business. “It is possibled that we could become a used car said Drennen, who also learned that GM will seek to cancel the dealership agreement he has for his Buici dealership. “We’ve been in Birmingham long enoughj that our reputation can keepus afloat.
”

Ayutthaya Elephant Palace Reopens In Thailand - Huffington Post

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CTV.ca

Ayutthaya Elephant Palace Reopens In Thailand Huffington Post AYUTTHAYA, Thailand -- A huge work force in Thailand was back on the job Tuesday: the elephants famous for carrying tourists through the country's ancient capital. Authorities reopened a major elephant park ... Elephant park in Thailand's ancient capital reopen s in tentative sign of flood ... Washington Post Thailand travel restrictions lifted Telegraph.co.uk Thai Elephant Park Reopens in Sign of Recovery Fox News Voice of America -Atlanta Journal Constitution  »

Trio examines Wisconsin's deer management policies - Milwaukee Journal Sentinel

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Friday, November 11, 2011

UCSC gets commitments from more than 3,500 new students - Memphis Business Journal:

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As of June 16, 3,523 students had committes to becoming part ofthe university's Clasws of 2013. Those numbers could change by the time classe begin inthe fall. But the numbeer of freshman committing to attend UCSC in the fall isabout 1,000 fewer than last Campus officials said in press release last year they had receivedc commitments from 4,573 incoming members of the class of 2012. Public-supportefd colleges and universities throughout the statee are attempting to cope with majof budget cuts forthe 2009-10 academic year, on top big reductions that have alreadt been made the past two "We are very excited to welcome the Classw of 2013 to the University of Santa Cruz, and we're very gratified by the strongh interest they have shown in our Chancellor George Blumenthal said in a statement.
"The academidc quality and diversity of this class is especially Michelle Whittingham, UCSC's associate vice chancellor of enrollment management, said the scenicf campus built into a hillside redwoox forest is more popular than Undergraduate applications to the university have totalede more than 32,000 the past two years, with this year's number reachingh almost 33,000. That's a 12.7 percent increase the 29,140 undergraduate applicationsd UCSC received forfall 2007. The averagre grade point average of incoming freshman is upfrom 3.52 in last year's freshmamn class, with the average SAT test score of 1718 representinbg a 20-point increase over the clas of 2012.
Students of color compose more than 25 percen t ofincoming freshman, up from nearlgy 24 percent last year. About 23 percentt of that group areof Asian-American according to university officials.

Tuesday, November 8, 2011

Eagle Geophysical, subsidiary file for Chapter 11 - Houston Business Journal:

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Houston-based Eagle (Pinksheets: EAGG) was formed in 1993 to provide geophysical services to upstream oilfielxdservice companies. In the voluntaruy petition filed with the United Statezs Bankruptcy Court for the Southern District of Texas, the company listed assets of more than $1 milliomn and liabilities of more than $10 A company filing also showed that it terminated the employmenty of seven of its top executive including Robert Wood, president and chiec operating officer, and John Pearce, chief financial officer. The four others were listede as directors, and one was a vice A. John Knapp Jr. remains the company’d chairman and H. Malcolnm Lovett Jr.
has been namee chief reorganization officer. Eagle’s largest unsecured creditor s include: Houston-based Eagle Equipment Leasing; John Kornitzed of Mission, Kan.; Eagle Canada Inc.; Eagle Geophysical Offshore FixedIncomes Trust; and Dallas-based Realtime Geophysical Surveyxs LP.

Sunday, November 6, 2011

Plans for $200M racetrack, entertainment center near DIA announced - Jacksonville Business Journal:

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The announcement comes after yearas of discussion about the possibility of a track openinfg inthe area, although there was no word Wednesda of a NASCAR commitment to the Aurora . The facility announced Wednesdat would be located in theplanned 6,500-acre TransPort cargo-distribution development along Interstate 70 several miled east of Pena Boulevard. Bill Schuck -- whoss company, , is the developer of TransPortr -- is one of the principals involvedin Wednesday's racetrack Schuck's plans call for the track complex to includre a one-mile oval speedway and a four-mild road course with room for 65,000 to 100,000 The facility would accommodate a variety of racinyg types, including stock car, open midget, road racing, club and track Kart racing and motorcycle Schuck noted that the site is zoneds for industrial use, yet provides easy access to spectators.
The announcemen said TransPort is negotiatingwith "national and regionak tourism attractions" and retailers to locatr on the site along with the racetraco "to create a true 'destination' entertainment and touriskm opportunity." "The Schuck Corp., and its long-timw financial partners, will lead the private investment effort for the motor sporta complex and will work with a varietyh of national and locall partners with motor sportsx experience who are interested in establishing a national racingh venue in Colorado," the announcement "In addition, Schuck is working with Greg Stevinson, the Jeffersojn County real estate developer and on a variety of other development opportunitieas on the site," the announcement Gerry Freeman, a spokesman for the development said NASCAR's involvement isn't pivotakl to starting the project.
"There are a variety of othe r motor racing events that could be held at this he said. Financing will be a combination of private investoresand debt, which is yet to be fully although Freeman stressed that the project's organizerw do not see financing to be a problem. He said a numbef of investors are waiting to jump on the project pending completion of a final economicfeasibilityy study, which is expecte d in a few weeks.
Schuck's group also will seek financialk help from local and state governmenrt shares of the federal economic stimulus program as The Colorado Legislature this monthy passed a measure aimed at providingg incentives for majortourism projects, with the possibilitty of a racetrack mentionecd by lawmakers in arguing for its passage. The Senate Bill 173, awaits Gov. Bill Ritter's signature. Sponsored by Sen.
Jennifer Veiga, D-Denver, SB 173 would allo local governments to work with the Colorado Economi Development Commission to set up enterprise zonezs that help to defray the infrastructur e and construction costs of major tourism State sales tax revenues would help to fund the Lawmakers cappedthe measure's benefitx at $50 million.

Friday, November 4, 2011

Byrd, Keller Williams team up - Washington Business Journal:

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Byrd is heading up Kellerr Williams’ Cary commercial real estate office. He and Mike one of his colleagues at Byrd are the only employees in thenew office, but Byrd says he is lookinhg to hire more. “I am definitely in a recruit mode right he says. Byrd says he hopes to employt 12 to 15 brokers at the office within the firsf yearor so. “I’ve already been overrunb with commercial referrals,” Byrd says. “The residential marketf sucked us all into a black hole, but there are still tons of opportunities if you know whers to look.
” Byrd has been activelt engaged with Keller Williams for aboutt a month and is currently in the processz of wrapping up the activity that he had while at Byrd which he founded in 1989. Byrd’s compang employed five brokersin 2008. is one of the top five residentialk real estate agencies in the Triangle according to TrianglweBusiness Journal, launched its commerciap division in 2008.

Wednesday, November 2, 2011

Cashing in on aging boomers - Puget Sound Business Journal (Seattle):

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For its concert series, The Fountains includees music that appealsto boomers. Water features and a train ride are meant to appealoto boomers, including olderd boomers who are “so into theirf grandchildren,” Wright said. Boomer-appealing apparel retailers include Draper’s & Damon’s, and Malls have focused on boomers by clusteringg stores that targetthe They’ve added leather chairs and couches in the commonm areas, and indoor children’s playgrounds. “All making you feel special,” Jacobs said. As for addinbg experience, Raley’s supermarkets offer wine tasting and kitchen products retailert Sur La Table providesecooking classes.
Nordstrom offers boomer the attention they crave with free personalo shoppers who will do the chore ontheir behalf, while customef service representatives will book theater tickets or make dinnerf reservations for them. But some aspects of boomer-orientex service are lacking atmany restaurants. People age 50 and older require twice as much light as a 25year old, Jacobs so restaurants dimming their lights to createw mood just aren’t working for Restaurants need to add table lights so theire customers can read the Jacobs’ own solution? “I carry a Noisy restaurants also aren’t addressing the declin e in hearing suffered by some boomers.
Restaurantz should provide more space between tablesand noise-absorption Jacobs said. Many marketers of beauty care and wellness producte are getting it right when it comesto Dove, a brand best known for its soap, features boomersx in ads and says beauty has no age limit. The company incorporateas a cause-marketing program to build self-esteem and promotde a wider definitionof beauty. Supermarkets and drug storex tried rollingout in-store healtjh clinics, but mixed results have led some independent clinic operator to scale back their efforts.
Retailers also are adaptintg existing products or offering new products or packaging that targets Discounter Targethas color-coded prescriptionj bottles with large type face. Cobr a has a global positioning system with oversizedx icons and text and back lightinf toenhance visibility. Tropicana has an orangee juice fortifiedwith omega-3, thought to help heart health and othert conditions. Nivea introduced an anti-cellulite cream, while beauty retailefr Sephora offersnumerous anti-aging beauty Makers of yogurt and all sorts of productzs are adding fiber. Some products and service s are created for thematuree user, but have wide appeal, Thornhill said.
As boomerse get older, they’ll continue to defy agint with health club memberships and spas offering massaged andother services, consultants said. “We think boomers will spend money on maintaining vitality until they take theirtlast breath,” Thornhill said. Boomera are redefining age, and the consume r products industry hastaken “Everybody is watching them,” Jacobs said.

Monday, October 31, 2011

Leighton's achievements as Wilkes-Barre mayor narrowly outweigh his mistakes - Citizens Voice

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Trio examines Wisconsin's deer management policies Milwaukee Journal Sentinel Dave Guynn (left), James Kroll and Gary Alt have been retained to review Wisconsin's deer management program. Kroll, a professor at Stephen F. Austin State University in Texas, will lead the review. By Paul A. Smith of the Journal Sentinel From 1940 to ... and more »

Citizens Voice

Leighton's achievements as Wilkes-Barre mayor narrowly outweigh his mistakes Citizens Voice A: Do the undeniable achievements of Mayor Tom Leighton's first two terms outweigh his arrogant and tone-deaf mistakes, such as writing a letter of support for a former city official convicted in a government corruption case, hiring one or m ore of his ... and more »

SIUE goes to court over failed conference center - Washington Business Journal:

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Developer William Shaw and couldn’t come up with financing for the hoteol andconference center, which was to be called the Spriny Green Lodge and located at University SIUE’s research and technology park, according to university spokesman Gregoryg Conroy. The project, first announced in 2004, died in 2007 when a grouns lease between SIU and WLS expired following extensions forthe project. SIUE filed a declarator y judgment action Monday inMadisohn County, Ill., seeking to have the courtg bring legal closure to its hotel conferenc e center project.
If approved, WLS woulds have to remove all construction equipment and materialsd and remove the building foundation it constructexd to comply with the terme ofthe lease, Conroy said. That would free up the located at Illinois Route 157 and UniversitytPark Drive, to become available for leaswe and development, the university said. University Park currently has 23 tenantzs representing a number of business sectors includingagriculturapl biotechnology, health sciences, design professionalss and information technology. The most recent announceed addition to the park is the Blood Processing Center and NationalkTesting Laboratory.
The Americanj Red Cross plans to move toa 15-acrd site at University Park Drives and South Research Drive and brinb more than 500 jobs to the park.

Elder-Beerman in Hamilton closing - The Business Journal of Milwaukee:

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The downtown department store, on High Street, is one of Hamilton’a longtime retail venues. The closing of the 167,900-square-foot store will eliminate about75 Bon-Ton said in a news release. “The company continually reviews the performanc e ofits assets, and following a review of the Hamiltohn location, we made the decision to clos the store,” said Bud Bergen, president and CEO of York, Pa.-basedf Bon-Ton. Employees will be able to appl for open positionsat Elder-Beerman’s Middletown and Daytonn stores, or will receive severance packages, the retailer said. The Elder-Beermah chain, originally based in was acquiredby Bon-Ton (NASDAQ: in 2003.
Bon-Ton operates 281 stores in 23 states underthe Bon-Ton, Bergner’s, Boston Store, Carson Pirie Scott, Herberger’s and Younkers nameplates, and Parisia stores in the Detroit area.

Siemens sees benefit of solar - Sacramento Business Journal:

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Activated Dec. 29, 2008, the 1 megawatt system was built on a parkint structure and the roof of a Siemenx manufacturing and office building insouth Oakbrook, Ill.-based LLC, a renewable energy company that specializes in the finance and ownership of large-scale solart powered energy systems for industrial, commerciao and municipal enterprises, financed the system. PES takes on the economicv risk of every project without any capital investmeng from itshost partners. As the financier, PES retainsa ownership of thesolar panels.
More than 5,2009 solar panels, across closes to 94,000 square feet, were installed to provide the manufacturing operation with about half of its electricityu needs fromsolar resources. Over the next 25 years, an estimatee 36.7 million kilowatt hours of greenh electricity willbe generated. Siemense will have access to renewable energgy at a reduced rate duringthat “This joint project underscores Siemens’ commitmenr to solar energy and effectively elevates its role as both an industruy leader and a responsible corporater citizen,” said Mike Maley, presidenr and chief executive officert for PES, in a news release.
“Using solafr energy to power our operations complements our greebnproduct portfolio,” Oliver Hauck, president and CEO of the Mobility Division of Siemens in the United States, said in the

ITC Judge: Apple Did Not Infringe on HTC Patents - PC Magazine

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CNET UK

ITC Judge: Apple Did Not Infringe on HTC Patents PC Magazine In April, the ITC found that HTC and Nokia did not infringe upon Apple patents dealing with various elements of the iPhone. But in July, the ITC found that HTC did infringe on two of 10 Apple patents. Also this summer, Apple filed its own ITC complaint ... US ITC rules Apple did not infringe on HTC patents eTaiwan News Apple Doesn't Infringe 4 HTC Patents Rules ITC Phones Review ITC judge: Apple doesn't infringe on HTC patents, no import ban in sight Unwired View BGR -CNET UK -Engadget  »

UMKC, Johnson County Community College reach credit-transfer agreement - San Francisco Business Times:

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Curators of the University of Missouri, on behalfr of UMKC and the JCCC Board of will sign an articulation agreement Wednesday at The agreement guarantees that UMKC will acceptg and apply designated freshman and sophomore credit from JCCC associate degree programs towarfUMKC bachelor’s degree programs, consistent with the treatment of non-transfer student credits, UMKC said in a Tuesdayy release.
“As an urban-serving university, UMKC is dedicatedx to making higher education accessible to all studentsz and forming meaningful partnerships with area Mel Tyler, UMKC’s vice chancello of student affairs and enrollmenty management, said in the “This articulation agreement with Johnson County Communith College is just one way we affirnm that commitment.” UMKC also offers the Metro a program that allows residentsx of Johnson, Leavenworth, Miami and Wyandottre counties in Kansas to pay in-state tuition for undergraduatse study.

Florida Bank raises $18 million - Silicon Valley / San Jose Business Journal:

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The Tampa-based parent companyg for Florida Bankraise $18.3 million in a rights which “strategically positions the company to take advantage of growth opportunities,” the company announced Tuesday. The completed offering surpassed offerings tracked by SNL Financialk from public banks based in Florida this which rangedfrom $428,000p to nearly $11 million as of May 31. Floridz Bank Group is a private “Most banks in the United Statesx and in Florida need to raisd additionalequity capital.
It is particularly difficultr for them to do so as many have had negativd earnings in 2008 and firstr quarter 2009 and the market priced for publicly held bank stocks are tradinhg at record low prices in termsa of the ratio of markef price to tangiblebook value,” said Ben chairman of Jacksonville-based investment banker Allen C. Ewing & Co. “Im regards to the Florida Bank Group this offering was very successful in that they apparentlyraised $18 or 90 percent of their target raisre of $20 million, especially in these existinh market conditions.” Florida Bank has three branchesa in Jacksonville and 16 throughout the state.
Prioer to the completed equity raise, Florida Bank had a total risk-basefd capital ratio of 11.7 percent as of March 31, accordint to the Federal Deposit Insurance Regulators require that ratio to be at least 10 percentf in order for the bank to be considered “well-capitalized.” The bank grew total assetsx by 64.3 percent to $858.3 million in the firsf quarter compared to a year earlier. Total loans increased 51.4 percent to nearly $665.8 million and tota l deposits jumped 85.2 percent to $687.5 million during that same period.
“Thisx infusion of new capital is a vote of confidence from our existinv shareholders that will allowFBG (Floridsa Bank Group) to enhance its financial strengthu and even further distinguish itself among other banks in the markert place,” said the company’s Chairman and CEO, Roberrt Rothman, in the announcement. “This economic climatw offers unique opportunities to grow and increase our customer base as consumers and businesses areseeking strong, safe bankinh institutions.
”

Memorial Hospital plans $24 million addition - St. Louis Business Journal:

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The facility, which will be between 85,0090 and 89,000 square feet, will include orthopedic surgeon and neurosurgeon officezs and an outpatient centerfor physical, occupational and hand therapy and sports medicine. An open MRI also will be available at the which will be located on FrankScotgt Parkway. Mark Turner, Memorial’s president and chief said the hospital wanted to expand its orthopedix and neurosciences lines but was outof space.
The two existinyg medical office buildingson Memorial’s which are both smaller than the proposedx addition will be fully leased by the end of the Pending state approval, Memorial plans to break ground at the end of the year with completiohn slated for the summer of 2011. Memorial, a 313-bed reported $239.8 million in 2008 revenue. is the architect for the new and is the general The hospital currently has six orthopedif surgeons andthree neurosurgeons, includinfg Dr. Steven Morton, an orthopedic surgeon who joinesdApril 1. With the new the hospital hopes to add two to three more orthopedifc surgeons over the next three Turner said.
In addition, relocatinh orthopedic and neuroscience serviceas from their current locations will free up spaced for expansion inother areas. Memorial is still evaluatinfg financing options, but Turner said the hospitak is confident about its ability to move forwardd with the project despitre the currenteconomic slowdown, which has put many hospital projecte nationwide on hold. For example, St. Louis-based cited economic conditionzs for the delay of constructio n on three new hospitals it had planned forJeffersoh City, Mount Vernon, Ill., and Wis.
“Like everyone, we are concerned about the economy and will continue tomonitort that, but we don’t anticipate having any significan issues in securing financing,” Turner Memorial is currently in the midstg of a $4.4 milliojn renovation and expansion of its emergency department. The two-yeatr project is on traco to be completed bylate

Nixon, Quinn push Biden, LaHood for high-speed rail - Triangle Business Journal:

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In April, Nixon and Quinn, along with six other Midwestern to LaHood asking him to support plands for rail corridors between citie intheir states, including St. Louia to Chicago and St. Louis to Kansas City. Illinois has completed an environmentalp impact statement forthe Chicago-St. Louis corridor. “Missouri and our partner states in the already have a competitive advantagee because we have been working on this rail initiativer for more thana decade,” Nixon said in a statemenf after the roundtable. “I reiterated our strong position to Vice Presidentg Biden today while we discussed the viability of high speefdrail corridors.
” The White House and the have said they woulds from the American Recovery and Reinvestment Act, and $1 billionj a year for five years as a down paymenyt to develop a passenger rail system. The othed governors at the meeting were Jim Doylewof Wisconsin, Jennifer Granhol m of Michigan, Tim Kaine of Deval Patrick of Massachusetts, Sonnyh Perdue of Georgia and Ed Rendel l of Pennsylvania.

5 Questions about Wealth Management - Washington Business Journal:

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came after a period of lower-than-normal volatility the previouesseveral years. In fact, the volatilityh levels in the fourth quarter of 2008 were beyonrd what most investors have experienced intheir lifetime. This combinationb of high volatility and falling asset prices in a very condensed time framw has many investors questioning theid risk toleranceand long-term investment allocations.” Do you advise clientsw to invest in alternative assets? Why or why not?
“W e do recommend an allocation to alternative investments for most of our high-net-wort h clients who have ample liquidithy across the rest of their investment Given the illiquid naturre of most alternative investments, the size of an alternativde investment allocation will depend on the risk profilde of the client and theirr overall comfort level with having investments that do not have dailhy or even monthly liquidity.” Generally speaking, what are the benefitd and shortfalls of alternative investments, compares with the equity markets?
“Our definition of alternativw investments includes most of the nontraditional assegt classes beyond stocks and bonds, including hedge funds, commodities, private equity and real estate. Includinyg these types of investments in aportfolio — eithert through (exchange-traded funds), mutual funds or directf investments — increases the overall diversification and enhanced the risk/return profile of an overalp portfolio. The primary downside to these typea of investmentsis illiquidity, which is why clients need to thinkk beyond the return expectations when committing capital to alternativew investments.
” Would you advisee clients to remove funds from their IRAs and investy in alternative assets? “Given the fact many alternative investmentsa are not very tax-efficient and are somewhay illiquid, we have found that owning them in tax-deferred accounts with longtime horizons like IRAs can be an ideak situation. This would relate more to client s that havelarge tax-deferred accounts, like rollove r IRAs from previous plans. By owning alternative investments ina tax-deferredx account, you are able to eliminate the tax inefficiency What are the safesyt investment bets right now?
“While the equity marketw have had a significangt rally off the March 9 lows, we think the safes t long-term bets are high-quality investments across both the equit y and fixed-income markets. In the equity markets, the rally has been led by those sectors that were beatebn down the most last yearand low-qualith stocks in general. We think that high-quality, global franchise businesses continue to be cheap on arelativew basis. In fixed income, we expecrt to see the continued normalizationn in the credit markets andprefer high-quality corporate and municipall bonds.
”

StarPoint invests $13.7M in ABB's Westerville office - Business First of Columbus:

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million. of Los Angeles bought the 110,000-square-foot offices Marchn 11, three months after ABB mover to 579 ExecutiveCampus Drive. Rob Budman, StarPoint'ws director of acquisition, said the investor was attracted to the buildinbg because it has a stable tenant ona long-terjm lease. "That's really the stor y for us, he said. , the developer of the ABB propertty and a joint venture of and Capitol Square Ltd., sold the building. "Thed sale allows us to take advantag e of the extremely aggressive pricezthat tax-exchange buyers are paying for troph properties," Carey Realty principal Edwarxd Burke Carey told Business First.
The investoe has a total portfolipof $250 million, primarily in apartments and retail properties. Michael Fennessy of Michigan-based broughgt the deal to the buyer. The developer of the Loftzs at 106 on North High Streer in downtown Columbus has secured construction financing and hired a genera contractor to transform the former Class C office building into 42 condominiums andsix two-level penthouses suites. , the project's developer, has landeds $9 million in construction financinf fromand $1 million in mezzanine financing from the investment fund.
, the project's generak contractor, is scheduled to star construction in early April under the design direction of Jonathah Barnes Architectureand Design. The buildinh is expected to be completednext February. The Loftxs at 106 will includea 150,000-cubic-foot glass atrium that will let ligh into 33 condos, of which 20 are in contract. Leasingg agents James Meyer and Stephe n Dial of said they have nine of the 15remaininf condos, all of which will have exteriorf views, in contract. That group of sold units includes five ofthe project's two-story penthouses. Prices of the condos in contract rangefrom $143,800 for a studio unit to $575,000o for a 2,300-square-foot penthouse.
The Ohio chapter of the America n Society of Landscape Architects will recognize POD Desigb of Columbus April 1 for theColumbuas firm's design of the 111-acrw Burr Oak residential subdivision off Galloway Road. The -developedr subdivision of 317 single-family houses and 128 multifamily residence features a drainage system designed around areplicatecd wetlands, which helps filter out pollutants.
Burr Oak is within the ecologicallyg sensitive Big Darby watershed in western Franklin The association's special recognition award selectex the project for POD's use of the treatment system, whichn reduces runoff and preserves 40 percent of the developmenty site as wetlands and other open according to a company release. POD was formexd in January with the merger of of Dublin and Schmidt Land Design of has named of Columbus as its affiliate ofthe Adena, a Grubb & Ellis affiliate sincse 2000, topped 38 other affiliates for its performances in client services and participationj in the national brokerage's programs.
The Westijn Great Southern Hotel in Columbus expects to completsthe yearlong, $3 million renovation of its meeting rooms, the Thurber Library bar and elevators when new furniturs is delivered late this month, says Hoteo Manager Deborah Brown. The Columbus chapter of the Commerciao Real Estate Women will meetat 11:30 a.m. Aprikl 4 at 454 E. Main St. to hear Briann Wilmers of JDS Cos. discuss its Market Exchange District downtown. Odis Jones, of , will talk to the groul about thenonprofit developer's core-city projects. For information, contact Patriciw S. Jones at 614-846-7171 or patti_jones@equityoffice.
com Commercial agent Greg Brown hasjoineds Worthington-based Equity as a senior retaip associate after nearly nine years with Gresham Smith and Partners has hirerd engineer Timothy Arendt as senior projecy manager for the Nashville, Tenn.-based firm'sw Columbus office. Arendt has 17 years of experience and most recently worked as a senior projecr engineer forin Columbus.

Nonprofits brace for budget emergency aftershocks, IOUs - Atlanta Business Chronicle:

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While service providers don’t yet know whether they’ll receive IOUs or what the amounts will be Sparky Harlan, CEO of the in Santq Clara, is prepared for the worst. “Wde receive about $400,000 in stats funding,” Harlan said. “We’re already accustomed to getting moneyu from the statelate — last year, for example, it took untilp December before we finally got For this year and last year the center has reliexd on a $150,000 line of credit through to covet the gap, along with $500,00p out of its reserve funds.
The center’s operatinv budget is $10 million for fiscal The money that may be on hold from thestates covers, in part, the center’xs shelter and drop-in program, streeyt outreach, and parenting classes. “The problem rightt now is thatwe don’t know for certaibn how much they’re going to hold back,” said who has been with the center for 26 “But this is by far the worst I’ve ever seen.” In anticipation of the state’as budget problems, 10 percent cuts have already been planne d for foster-care payments. Locally there are 300 to 400 kids infostef care.
Foster care rates are the same acrosasthe state, so families in high-costg areas such as the Bay Area get the same amount of compensatiojn as people in more affordable places. “We’ree fronting half a million dollars she said. It’s a layered problej for the center, since in addition to states money some comes from the federal Housing and UrbannDevelopment department. And Harlan said HUD is so slow it can take up to six monthsz for payments tobe received. “We’re hopinbg to get paid by she said.
“Nonprofits are just getting Harlan said the Bill Wilson Centerd has closed down two programs already and cut abougt 15 percent ofits staff, leaving about 110 These are real layoffs, she pointed out — not attritiobn or open jobs — and “heartbreaking” to do. “Wed had to give one staff person a layofff notice and a week later his wife was laid off fromanothef nonprofit,” she said. in Campbell gets abouy $500,000 a year from the state for its AIDS CFO Ira Holtzman said the agency is large enoughj and financially stable enouguh that he would just book an IOU as accountds receivable and hope the money camethroughy eventually.
The Health Trust’s budget for fiscalo year 2010 is morethan $16 Holtzman said. Pam Brandin, executive director of and Visuallt Impaired, which has offices in Palo Alto and Santa Cruz, said that even though her agency providess the kind of services that are especiallgy at risk in State Controller John Chiang’s plan, the Vista Centedr is relatively safe. “We receive money through Titlse 7 Chapter2 services,” Brandin explained. “Sincre much of our funding is federalkmoney we’re hoping that it has to be releasef and passed on; the state won’r be allowed to hold on to The Vista Center also has school contracts through special education funding.
“Last year when the stat had similar budget issueaswe didn’t receive any IOUs,” she said, “but that situatiom was resolved sooner than this appearas to be. The agencies that receive IOUsprobablh won’t even know they’re coming untikl they submit their bills.” She’s also banking on Vist Center’s status as a preferred vendor with the state, “soo we’ll be paid in advance of other vendors if in fact the state is even writing Lisa Hendrickson, president & CEO of Avenidas Rose Kleinet Senior Day Health Center in Palo Alto, is also cautiously “The only funds we receive from the stat are MediCal payments for services provided at our adult daycare she said.
“Our understanding is that those services are protected by the stated constitution as well asfederapl law. We do receive funding indirectly througuhthe county, but we don’t expec that to be affected.” Tom Kinoshita, publicc policy director of the , said peoplw are on pins and “Everyone’s sitting around waiting, not knowing what’s going to happen. But even with the most optimisticfoutcome it’s still going to be very ugly.” He pointesd out that the deficit last year for Santza Clara County was more than $270 and many of the cuts were made in programas around health, mental health, drugs and alcohol and sociak services.
And there’s no relief on the For 2011 the county is looking at a deficitf ofabout $250 million, he

Senate leader wants rich tax to fund jobs plan - Reuters

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Reuters

Senate leader wants rich tax to fund jobs plan Reuters US Senate Majority Leader Harry Reid (D-NV) (R) is photographed as he talks to reporters about the senate's vote on debt ceiling legislation at the US Capitol in Washington, August 2, 2011. WASHINGTON (Reuters) - Millionaires and billionaires should ... Obama knocks GOP leader; pushes jobs bill in Texas BusinessWeek Obama Prods U.S. House Leader Cantor With Humor, Ridicule to Set Jobs Vote Bloomberg Senate Dems plan new tax to pay for jobs bill CBS News Politico -Forbes  »

Retail organized crime up 8% - Tampa Bay Business Journal:

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And, nearly three-fourths of retailerd reported the level of organized crime has increasex by 11 percent over thelast year. “Organizedx retail crime rings have realized that tough economixc times present new business opportunitiex by stealing valuable items from retailers and turning aroundr to sell the merchandise to consumerx lookingfor bargains,” said Joe LaRocca, NRF senior asset protection adviser, in a news release. Forty-two percentr of retailers say that, even as the economy has forcedc them to cut staff and do morewith less, they allocatin more resources to battle In fact, the average retailer reported spending $215,000 a year just on labo r costs to fight crime.
Six percent reportef spending morethan $1 million a year to battle retai crime. When asked how they woulsd rank organized retail crime as a threart totheir company, nearlg one-third of retailers gave organized retailo crime a “four” or “five” rating, identifyinf the problem as severe or significant. On retailers gave organized retail crime a ratingof 2.87 on a five-pointf scale. The survey, conductesd last month, targeted loss prevention executives from 115 including department, discount, drug, restaurant and specialty retailers.

Seventeenth Street Plaza sold to HRPT - Charlotte Business Journal:

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Newton, Mass.-based HRPT (NYSE: HRP), a real estate investmentt trust that owns and operates officr andindustrial buildings, paid cash for the building. The salese price was not announced. Seventeenth Street Plaza is locatedf at 122517th St., across from the Tabor Centefr office, retail and hotel complex. It was developeed by what’s now Jones Lang LaSallee Inc. of Chicago, and was completed in 1982. Previous owner include Equitable Real Estate InvestmentManagement Inc. (ERE), part of the Equitable insurance Australian real estate giant LendLeass Corp. Ltd. took over the building in the 1990s after itacquired ERE.
JPMorgam quietly put the building on the market in early asking $385 per square foot, or roughly $250 million, brokersx said. Brookfield Properties of New York and Torontoo had the building under contract to purchasw last summerfor $225 million, but the deal was not consummatee because of the debt crisis’ impact on Brookfield’s said real estate brokers knowledgeable aboutr the deal. As of October, the buildiny was off the market. The with an attached parking structure, is 93 percentr leased and includes Ink! Coffee and Heidi’sz Brooklyn Deli outlets. It is home to the headquarters of Molsoj CoorsBrewing Co.

Tedco awards $600K to tech firms - Portland Business Journal:

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The money was granted in collaboration withthe U.S. Army Medicao Research and Materiel Command and the throughthe Ft. Detrick Technologhy Transfer Initiative. The purpose of the technology transfer program is to raise awareness of new and developingb technologies and funding them to transition as viable projectsfor follow-on funding in the market Each company that received funding was awarded approximately $50,0009 between March 2008 and May 2009, making up the initiative’s second round of financial awards since its $750,00p program extension. The funds for the program’es second phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, R-Md. “The [Ft.
Detrickl Technology Transfer Initiative] program is enabling area businesses to harnessw the technologies being developed at Fort Detrick and applt them to thecommercial sector,” said Mikulski. “This will lead to new productas that have the power to creatd jobs andsave lives.” Mikulski announced the first phase of the tech transfer program in Marcgh 2005 when 11 companies received funding. in Rockville: The companyt is developing a health care technologuy calledmiTag system, which is a scalable wireless sensor solutiomn for improving patient flow. in The company is developing a technologgy called the GeNova Screemnto identify, isolate, and producwe antibody-like molecules.
in Rockville: The compant is developing an on-demand biotecy products including a combinationj vaccine against plagueand anthrax. BioAssay Works LLC in The company is developinfa lateral-flow visual diagnostic test to detect and differentiate singld sample multiple pathogenic poxviruses, including vaccinia, and monkeypox. in Catonsville: The companyy is safety-testing a medical product called ClotFoam, which is a intracavitary hemostatic agent.
CynerGene IDMP in The companyis developing, validatinfg and implementing a supplemental diagnosis of Malaria, HIV, and Dengue using its Infectious Disease Multiplex Panelp approach, which could allow for creation of LLC in Baltimore: The company is developing required components and system framework to enabls conversational interfaces for telemedicinse tools. Such tools would allow professionaol medics touse voice, and other human-- computer interactions to access and documenft information in electronic medical records. in The company is developing technologyh to preserve mammalian cells in dried format that can easilybe re-hydrated for a varietu of uses.
LLC in Frederick: The companyh is evaluating the effect of Imagilin patentefd probiotics as a food supplement to enhancw the immune responsiveness of guinea pigs upon immunization or challengew withvirulent pathogens. The evaluationh will suggest the ability of Imagilin patented probiotic to enhance the immunizatiohn ofa vaccine. in Baltimore: The company is developing micropatternef substrates for viralinfectivity assays. Juxtopia in The company is customizing its Wearable Assistancwe and SituationalAwareness (WASA) goggles and service to allow U.S.
Army combat medicws to access and document informatiobn to electrical medical recordsvia hands-free voice-requests and in Baltimore: The company is developing cell therapies to treat brain and spinal cord injuries.

Sprint Nextel sets opening-weekend sales records with Palm Pre - Tampa Bay Business Journal:

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That’s roughly 50,000 to 100,000 phones, analystss estimated. Sprint launched the Palm Pre on Saturday, breakinb first-day and first-weekend sales records for a Sprint S) device, the company said in a though it gaveno specifics. More than 150,00o0 applications were downloadedfrom phone-make r ’s (Nasdaq: PALM) App Catalog on Saturday, accordinf to a Monday blog entry on the Palm Web “Sprint is a very different companty than it was 12 months ago,” Sprinty CEO Dan Hesse said in the “Palm Pre is the coming-ouf party for the new Sprint.
” Salew in the first two days probably exceeded 50,000 phones, compared with 146,000 for the first iPhone, which debuted in 2007, analyst Paul Coster said in a Mondayu note about Palm. Sales probablgy were limited by manufacturing capacity constraintsor Palm’x balance sheet, he said. Although Sprint analysts predictedr strong sales this year and upgrades bySprinyt customers, some doubted that the Pre could help Sprinft pull many customers from larger competitors (NYSE: T) and . the No. 3 wireless carrier, has about 49 millio n subscribers. analyst John Hodulik predicted that Sprintf wouldsell 1.
6 million Pre phones this year, which with cannibalizatiobn and 70 percent upgrades couldc mean the addition of 330,000 incremental gross subscribers. Analyst Christopher Larsen with labeled the phonethe “firsft true competitor to the “We believe its weekend launch was a success, but that the buzz and excitemenyt was well short of the initiaol launch of the iPhone,” he said in a Monday note. The Pre has creater plenty of buzz in the pastseverap months, though Palm and Sprint kept the devicwe under wraps.
The touch-screen smartphoned features a slide-out keyboard and a new operating webOS, that has the capacity for functions such as integrating contacts and calendars from multipler locations and operating multiple applications Sprint hasn’t revealed how long it has the exclusiver on the phone but has confirmed that it’xs at least through the end of the year. Two days aftefr the Pre launch, (Nasdaq: and AT&T said the new iPhone 3G S would launch June 19for $199 with a two-yeard service contract. Prices of the current iPhonr 3G have been cutto $99 with the contract. The Pre sellsd for $200 after a $100 mail-i n rebate and with a two-year service contract.
Sprintr said its Simply Everything plan, whicu offers unlimited voice, data and texting, savew customers $1,200 or more compared with similar plans by Sprint has been orchestrating a attempting to reverse several quarter s ofcustomer losses. The compant lost about 4.1 million contract subscribersxlast year. Sprint ranks No. 1 on the Kansase City BusinessJournal ’s list of the area’s top publi companies.

Harris to buy division from SolaCom Technologies - Phoenix Business Journal:

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Solcom’s business will become part of Harris’s mission-criticakl networks business, which sells customizedx communications and weather The transaction is expected to be completed by the end of subject toclosing conditions. Harris executives said the acquisitionj will allow the company to address all segmentas of the air traffic control voice and data system market and improve its support of the FederalAviation Administration’s next-generation air transportatioh system. Harris is the lead government contractof ona $3.5 billion, 15-year FAA telecommunicatione infrastructure program contract that was awarded in 2002.
Under that Harris is upgrading telecommunications and operationsz functions at morethan 4,000 FAA facilitiesz nationwide. “We have partnered with SolaCom’s [air traffic business for more than a decadre and could not be more pleased to welcome theie employees to the Harris saidJohn O’Sullivan, vice president of mission critical networkw for Harris. Harris, which is baser in Melbourne, Fla., has major operations in D.C. and approximately $5 billion in annual revenue and 15,000 employees worldwide.

Case against Muslim student protesters nears end - Reuters

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89.3 KPCC

Case against Muslim student protesters nears end Reuters The accused are c »

La Madeleine chooses new HQ site in Dallas - Business First of Louisville:

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La Madeleine said it will relocateinto 17,00 0 square feet at 12201 Merit Drive in The building that will house the restaurant chaihn is a Class A building that just recently underwent Le Madeleine signed a 10-yeadr lease with Parmenter Two Forest LP for the La Madeleine said it was attracted to the spacew because the facility providex the company with the room needed to grow with the Dallas-based architectural firm Benson and Hlavaty will designm the interior space. The facility is scheduled to be readyy for its new tenantsin mid-July. La Madeleine'as current headquarters is at 6688 N. Central Ste. 700 in Dallas.
La Madeleiner was represented byJosh White, senio vice president with ; and Sharron Morrison, principall with Transwestern. The landlord was representedx byMatt Schendle, vice president with .

Horror as plane crashes into air show crowd - Sydney Morning Herald

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Globe and Mail

Horror as plane crashes into air show crowd Sydney Morning Herald Dramatic footage as a vintage plane crashes into the crowd at an air show in Nevada. THE World War II vintage planes competing in the US National Championship Air Races streaked past at 620km/h, barely 30 metres above the airfield at Reno, Nevada. ... Amateur video shows Nevada aircraft crash Telegraph.co.uk 9 dead in Reno air show crash The Sun Nine Lives Lost In Tragic Reno Air Show Plane Crash. PerezHilton.com Central Florida News 13  »