Resources to protect workers from the cold Reliable Plant Magazine Keep in mind that temperatures don't have to get below freezing for conditions to be dangerous- the right combination of low temperatures, wetness, ... |
Monday, November 29, 2010
Resources to protect workers from the cold - Reliable Plant Magazine
http://www.scghf.com/mortgagewayz/mortgagecalc.asp
Saturday, November 27, 2010
Analyst: YRC bankruptcy is
http://faststrings.com/behind-player-fieldy.html
The Overland Park trucking company’s ongoing negotiations with the unio are at riskof failing, analyst Art Hatfielde said in a “Given the developments with the negotiations between the two partieds and the increasing uncertainty pertaining to the outcome of those negotiations, we believ e a bankruptcy at YRC Worldwide is stillk likely in the near to mid-term,” he wrote. Whild the parties have kept quiet aboutthe talks, YRC reportedlgy wants to end its union pension payments for 14 which would provide savings of $500 and not make up for them.
Whilr that proposal would offer YRC significant and badly needed liquidity duringthe period, it “would face a tough and challenging road to becomingv a reality,” Hatfield wrote. “Fromn what we know, YRC would not be concedingy anything material to the pensionplans and/or its Teamsterxs employees under the proposal,” he wrote. if the proposal goes on to a vote tothe Teamster-representer employees at YRC, we believe the likelihood of a favorables vote would be low at given that the employees would be the ones to feel the brunty of these terminated payments over the long term ...
and that security provisions and protectiona for Teamsters employees are not part of the concessionz made by thecompanyy (to our knowledge).” In addition, Hatfield the Teamsters probably want payment deferrals instead, which woulfd be difficult for YRC because its lenders probably woulc be reluctant to let the company tie up assets or real estatw as collateral. And YRC probably has littlw left to offer as he said. Hatfield changed his rating on YRC sharesfrom “Markety Perform” to “Not Rated.” YRC began the recentg concessions talks with the Teamsters on June 29.
The price of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 cents to hita 52-weekk low. The previous 52-week low was $1.2p0 on Nov. 20, according to . YRC closed on Wednesda y at 89 cents, down 35 or 28 percent, on volume of 20.2 million The stock’s average dail volume the past three monthsdis 3.6 million shares. Overland Park-basedf YRC, which has roughly 49,000 employees — more than half of them uniob members — has been weighed down by debt and a lengthtyfreight recession, and lost $257.4 million in the firstg quarter. It has integrated subsidiaries, shut down facilities, laid off workeres and sold property to try to cut costs andmaintain liquidity.
Early this year, Teamsterz members agreed to a 10 percent wage cut and suspensiojnof cost-of-living adjustments through 2013 in exchangde for a 15 percent stake in the YRC also has been negotiating to defer union pension fund paymentws using company real estate as collatera l and on June 18 secured an agreement with the largesyt pension fund to defert $83 million in payments. The union has said it also is reaching out tostakeholdersd — such as pension funds and YRC’s lenderzs — to address the cash issue. YRC ranks No.
2 on the Kansass City BusinessJournal ’s list of area public
The Overland Park trucking company’s ongoing negotiations with the unio are at riskof failing, analyst Art Hatfielde said in a “Given the developments with the negotiations between the two partieds and the increasing uncertainty pertaining to the outcome of those negotiations, we believ e a bankruptcy at YRC Worldwide is stillk likely in the near to mid-term,” he wrote. Whild the parties have kept quiet aboutthe talks, YRC reportedlgy wants to end its union pension payments for 14 which would provide savings of $500 and not make up for them.
Whilr that proposal would offer YRC significant and badly needed liquidity duringthe period, it “would face a tough and challenging road to becomingv a reality,” Hatfield wrote. “Fromn what we know, YRC would not be concedingy anything material to the pensionplans and/or its Teamsterxs employees under the proposal,” he wrote. if the proposal goes on to a vote tothe Teamster-representer employees at YRC, we believe the likelihood of a favorables vote would be low at given that the employees would be the ones to feel the brunty of these terminated payments over the long term ...
and that security provisions and protectiona for Teamsters employees are not part of the concessionz made by thecompanyy (to our knowledge).” In addition, Hatfield the Teamsters probably want payment deferrals instead, which woulfd be difficult for YRC because its lenders probably woulc be reluctant to let the company tie up assets or real estatw as collateral. And YRC probably has littlw left to offer as he said. Hatfield changed his rating on YRC sharesfrom “Markety Perform” to “Not Rated.” YRC began the recentg concessions talks with the Teamsters on June 29.
The price of YRC stock (Nasdaq: plunged Wednesday, dropping as low as 89 cents to hita 52-weekk low. The previous 52-week low was $1.2p0 on Nov. 20, according to . YRC closed on Wednesda y at 89 cents, down 35 or 28 percent, on volume of 20.2 million The stock’s average dail volume the past three monthsdis 3.6 million shares. Overland Park-basedf YRC, which has roughly 49,000 employees — more than half of them uniob members — has been weighed down by debt and a lengthtyfreight recession, and lost $257.4 million in the firstg quarter. It has integrated subsidiaries, shut down facilities, laid off workeres and sold property to try to cut costs andmaintain liquidity.
Early this year, Teamsterz members agreed to a 10 percent wage cut and suspensiojnof cost-of-living adjustments through 2013 in exchangde for a 15 percent stake in the YRC also has been negotiating to defer union pension fund paymentws using company real estate as collatera l and on June 18 secured an agreement with the largesyt pension fund to defert $83 million in payments. The union has said it also is reaching out tostakeholdersd — such as pension funds and YRC’s lenderzs — to address the cash issue. YRC ranks No.
2 on the Kansass City BusinessJournal ’s list of area public
Wednesday, November 24, 2010
Solar Array, Gen. Mills detail expansions - New Mexico Business Weekly:
balamatovaegede.blogspot.com
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacilith here, Keith Bone, general manager of the loca l facility, told members of . AED held its quarterlg meeting Thursdayat . Joe president and CEO of SolarArray Ventures, outlined his company’s plan to build a massive solar manufacturingt plant on the city’s General Mills’ expansion should be completedd by November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 The expansion also brings $30 million in spending to New The Albuquerque City Council approvecd a $100 million industrial revenue bond deal for the companty in February.
BE&K Corp. from North Carolina landed the design/builr contract to build the expansion, but Bone said 80 percentt of the firm’s spending and employees will be The precast panels being used in the constructionj are manufacturedin Belen. Generaol Mills has been in Albuquerqusince 1991. Its current facility is locatede near Paseo del Norte and Edith and has 190 with an annual payrollof $12 said Bone. The 275,000-square-foot plantf produces about 135 million pounds annuallyh of 35different cereals.
The facility also has a lab on-siter where the instructions for baking General Mills products at high altitudes are The company has givenabout $5 million to area nonprofits since 1998 and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donationes illustrate one of the things the organization looks for in recruiting community involvement. Hudgins said Solar Array planas to break ground by the thirdx quarter of this year ona 225,000-square-footr thin-film photovoltaic manufacturing plant in the Corderp Mesa business park, west of the mattress The company plans to add three more buildingsz of that size as it grows, he with each facility employing abouf 225.
Its annual payroll in the first phase woulfbe $14 million. About five percenr of the jobs wouldpay $100,000, 45 percent wouls pay $70,000 and half of the jobs would pay $45,000. The capital investmenft for the first phase willbe $170 million and the companyu would spend $40 million annually for raw materials. The first phasre is expected to have a capacit of75 megawatts, but that would grow to 300 mw with the full The plant also will have a spacde that will serve as a community and educationao center. Solar Array is seeking $175 million in industrial revenu e bonds fromBernalillo County. The company is working to raise $210 million in debt and Hudgins said.
Hudgins said New Mexicio beat out two other states forthe plant, despite the fact that it did not offet the largest incentives. But the coordinatio among local and state government officials and otheer parties made New Mexicp far more efficient in establishing a planning framework that the company coulf then use to plan a budget for the hesaid “That was a majodr issue for us,” Hudgins said. He also praised the labor force here and theeducationa institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texass offices in Austin, Dallas and Houston, as well as Washington, D.C. and London, U.K. Hoffman Construction, baseed in Portland, Ore.
, is building the facility.
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacilith here, Keith Bone, general manager of the loca l facility, told members of . AED held its quarterlg meeting Thursdayat . Joe president and CEO of SolarArray Ventures, outlined his company’s plan to build a massive solar manufacturingt plant on the city’s General Mills’ expansion should be completedd by November, Bone The cereal manufacturer will hire 60 additional bringing additional payroll to the area of $3.5 The expansion also brings $30 million in spending to New The Albuquerque City Council approvecd a $100 million industrial revenue bond deal for the companty in February.
BE&K Corp. from North Carolina landed the design/builr contract to build the expansion, but Bone said 80 percentt of the firm’s spending and employees will be The precast panels being used in the constructionj are manufacturedin Belen. Generaol Mills has been in Albuquerqusince 1991. Its current facility is locatede near Paseo del Norte and Edith and has 190 with an annual payrollof $12 said Bone. The 275,000-square-foot plantf produces about 135 million pounds annuallyh of 35different cereals.
The facility also has a lab on-siter where the instructions for baking General Mills products at high altitudes are The company has givenabout $5 million to area nonprofits since 1998 and $519,000 in scholarships, Bone Don Power, chairman of AED, said the cereal company’s donationes illustrate one of the things the organization looks for in recruiting community involvement. Hudgins said Solar Array planas to break ground by the thirdx quarter of this year ona 225,000-square-footr thin-film photovoltaic manufacturing plant in the Corderp Mesa business park, west of the mattress The company plans to add three more buildingsz of that size as it grows, he with each facility employing abouf 225.
Its annual payroll in the first phase woulfbe $14 million. About five percenr of the jobs wouldpay $100,000, 45 percent wouls pay $70,000 and half of the jobs would pay $45,000. The capital investmenft for the first phase willbe $170 million and the companyu would spend $40 million annually for raw materials. The first phasre is expected to have a capacit of75 megawatts, but that would grow to 300 mw with the full The plant also will have a spacde that will serve as a community and educationao center. Solar Array is seeking $175 million in industrial revenu e bonds fromBernalillo County. The company is working to raise $210 million in debt and Hudgins said.
Hudgins said New Mexicio beat out two other states forthe plant, despite the fact that it did not offet the largest incentives. But the coordinatio among local and state government officials and otheer parties made New Mexicp far more efficient in establishing a planning framework that the company coulf then use to plan a budget for the hesaid “That was a majodr issue for us,” Hudgins said. He also praised the labor force here and theeducationa institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texass offices in Austin, Dallas and Houston, as well as Washington, D.C. and London, U.K. Hoffman Construction, baseed in Portland, Ore.
, is building the facility.
Tuesday, November 23, 2010
Marc Andreessen starts $300M VC fund - South Florida Business Journal:
http://bestwebdesignsite.com/how-do-you-choose-a-web-designer.html
billion. While the actual news that Andreessen-Horowitz was bein formed was broken in February on the Charlie RoseTV show, detaile and the official launch came on On his blog, Andreesse n wrote: "Between the two of us, Ben and I have started three companies directly, created many new productss and services, run operating businesses at high levels of angel invested in 45 tech startups in the last five years, and serverd on a broad cross-section of company boardx with some of the best entrepreneurzs and investors in the Through all this, we have worked closely togethedr for 15 years, and we could not be more excited to extendd our partnership into venture capital.
The new firm will invesrt anywherefrom $50,000 to $50 Andreessen wrote, in consumer Internet, busineses Internet (cloud computing, "software as a service"), mobilr software and services, software-powerer consumer electronics, infrastructure and applications networking, storage, databases, and other back-enrd systems. Most of the money will be invester in startups inSilicon Valley, followinvg in the VC traditio n of wanting to be within a few minutex of the headquarters of the companies they invesyt in.
“We do not think it is an accideny that Google is inMountain View, Facebook is in Palo and Twitter is in San We also think that venture capital is a high touch activity that lends itself to geographic and our only office will be in Silicon Andreessen wrote on his blog. He was also clea r about what it won'tr invest in: "We are almost certainly not an appropriat e investor for any of thefollowinh domains: 'clean,' 'green,' energy, transportation, life sciences drug design, medical devices), nanotech, movi e production companies, consumer retail, electric cars, rockeg ships, space elevators. We do not have the first clue abou any ofthese fields.
" Andreessen said he will continue as chairman of a social networking software company he , as well as remain on the board at and (NASDAQ:EBAY). Horowitzs is vice president and general manager of business technologu optimization for softwareat . (NYSE:HPQ).
billion. While the actual news that Andreessen-Horowitz was bein formed was broken in February on the Charlie RoseTV show, detaile and the official launch came on On his blog, Andreesse n wrote: "Between the two of us, Ben and I have started three companies directly, created many new productss and services, run operating businesses at high levels of angel invested in 45 tech startups in the last five years, and serverd on a broad cross-section of company boardx with some of the best entrepreneurzs and investors in the Through all this, we have worked closely togethedr for 15 years, and we could not be more excited to extendd our partnership into venture capital.
The new firm will invesrt anywherefrom $50,000 to $50 Andreessen wrote, in consumer Internet, busineses Internet (cloud computing, "software as a service"), mobilr software and services, software-powerer consumer electronics, infrastructure and applications networking, storage, databases, and other back-enrd systems. Most of the money will be invester in startups inSilicon Valley, followinvg in the VC traditio n of wanting to be within a few minutex of the headquarters of the companies they invesyt in.
“We do not think it is an accideny that Google is inMountain View, Facebook is in Palo and Twitter is in San We also think that venture capital is a high touch activity that lends itself to geographic and our only office will be in Silicon Andreessen wrote on his blog. He was also clea r about what it won'tr invest in: "We are almost certainly not an appropriat e investor for any of thefollowinh domains: 'clean,' 'green,' energy, transportation, life sciences drug design, medical devices), nanotech, movi e production companies, consumer retail, electric cars, rockeg ships, space elevators. We do not have the first clue abou any ofthese fields.
" Andreessen said he will continue as chairman of a social networking software company he , as well as remain on the board at and (NASDAQ:EBAY). Horowitzs is vice president and general manager of business technologu optimization for softwareat . (NYSE:HPQ).
Sunday, November 21, 2010
€750bn war chest stands ready for action - Financial Times
http://rollyson.net/about/quals/kmbig5.html
ABC News | €750bn war chest stands ready for action Financial Times Klaus Regling, EFSF's chief executive, assured journalists last week that the fund was poised to swing into action within five to eight days of a request. ... Irish voters reflect on EU rescue deal Crisis looming, Ireland relents and seeks a bailout |
Saturday, November 20, 2010
Palm Beach County clerk cuts 66 employees - Business Courier of Cincinnati:
http://sdimaps.com/mapsync.htm
million, or 18 percent, reduction in the office’s budget by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact service levelsx at the Clerk’s seven Palm Beacb County locations,” she noted in the release. The required staff cuts leave the office with fewer peopl e to pursue and collect millions of dollarw in unpaid traffic and court which will lead to morebudget cuts.
“It’w a vicious cycle designecd to underfund usinto extinction,” she Thirty-two employees accepted a buyout offer this montj and will leave June 30 with a full payoutt on their sick leave, rathedr than the normal 25 percent to 50 percen t offered under current termination policies. On May 29, an additiom 34 employees were told during staff meetings that they were beinblaid off, effective June 12. They will receiv four weeks of pay.
With thesee layoffs and the positionspreviously eliminated, the office has cut 101 position s -- 16 percent of management positions and 12 percent of hourlyt positions -- in the past The Clerk & Comptroller’s which employs more than 800 in offices throughout Palm Beachb County, handles the business arm of the court system. Employee receive, file and retrieve cour t documents, process fees and traffic fines, and entee and maintain case information inthe court’x computer system.
million, or 18 percent, reduction in the office’s budget by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact service levelsx at the Clerk’s seven Palm Beacb County locations,” she noted in the release. The required staff cuts leave the office with fewer peopl e to pursue and collect millions of dollarw in unpaid traffic and court which will lead to morebudget cuts.
“It’w a vicious cycle designecd to underfund usinto extinction,” she Thirty-two employees accepted a buyout offer this montj and will leave June 30 with a full payoutt on their sick leave, rathedr than the normal 25 percent to 50 percen t offered under current termination policies. On May 29, an additiom 34 employees were told during staff meetings that they were beinblaid off, effective June 12. They will receiv four weeks of pay.
With thesee layoffs and the positionspreviously eliminated, the office has cut 101 position s -- 16 percent of management positions and 12 percent of hourlyt positions -- in the past The Clerk & Comptroller’s which employs more than 800 in offices throughout Palm Beachb County, handles the business arm of the court system. Employee receive, file and retrieve cour t documents, process fees and traffic fines, and entee and maintain case information inthe court’x computer system.
Thursday, November 18, 2010
SBA alters loan refinance terms - Business First of Buffalo:
http://www.jnoo.com/archives/2006/11/page/2/
The changes were authorized in the American Recovery and Reinvestmeny Actof 2009. The 504 loan program is administered through 271 Certified Development Companiea acrossthe nation. On SBA began implementing the changes by publishingv them as a permanent rule in theFederalp Register. The legislation allows 504 program projectxs to include a limited amount of debt refinancing if therer is a business expansion and the debt refinanced does not exceedd 50 percent of the projected expansion The following are some conditions under which borrowers will be eligiblwfor refinancing: • The debt beinb refinanced was incurred to acquire to construct a building or to purchasde equipment.
The assets acquired must be eligibls for financing under the504 program. The existing debt is collateralized byfixed assets. The existing debt was incurred for the benefir of thesmall business. • The new financinvg provides a substantial benefit to the borrower whenprepayment penalties, financing fees, and other financing costs are take into account. • The borrower has been currengt on all payments of existinfg debt for one year prioe to the dateof “Lower interest rates mean lower payments and less money going out the door each montyh in debt repayments.
That meanz more cash on hand to keep theitrdoors open, their employee working and to even expand and creatr more jobs,” said SBA Administrator Karejn Mills. The permanent changes allows small businesses to restructurre eligible debt to help improver their cashflow which, in turn, will enhance their viabilityt and support growth and job The 504 loan program can be used to purchaser business real estate or fixed assets, such as heavg equipment or machinery, and expand current development projects. Milla said the 504 program’s refinancing changes are the latestg in several Recovery Act provisions implemented by the SBA inrecenty weeks.
On March 16, the agency temporarilyt raised to 90 percent the guarantee level on many ofits 7(a) progran loans and reduced fees on both 7(a) and 504 loans.Itt also doubled to $5 millionn the surety bond guarantee level for smalp businesses competing for construction and service contracts. on June 15, SBA’s American Recovery Capitapl loans became available for small businesses facingh immediatefinancial hardship.
The changes were authorized in the American Recovery and Reinvestmeny Actof 2009. The 504 loan program is administered through 271 Certified Development Companiea acrossthe nation. On SBA began implementing the changes by publishingv them as a permanent rule in theFederalp Register. The legislation allows 504 program projectxs to include a limited amount of debt refinancing if therer is a business expansion and the debt refinanced does not exceedd 50 percent of the projected expansion The following are some conditions under which borrowers will be eligiblwfor refinancing: • The debt beinb refinanced was incurred to acquire to construct a building or to purchasde equipment.
The assets acquired must be eligibls for financing under the504 program. The existing debt is collateralized byfixed assets. The existing debt was incurred for the benefir of thesmall business. • The new financinvg provides a substantial benefit to the borrower whenprepayment penalties, financing fees, and other financing costs are take into account. • The borrower has been currengt on all payments of existinfg debt for one year prioe to the dateof “Lower interest rates mean lower payments and less money going out the door each montyh in debt repayments.
That meanz more cash on hand to keep theitrdoors open, their employee working and to even expand and creatr more jobs,” said SBA Administrator Karejn Mills. The permanent changes allows small businesses to restructurre eligible debt to help improver their cashflow which, in turn, will enhance their viabilityt and support growth and job The 504 loan program can be used to purchaser business real estate or fixed assets, such as heavg equipment or machinery, and expand current development projects. Milla said the 504 program’s refinancing changes are the latestg in several Recovery Act provisions implemented by the SBA inrecenty weeks.
On March 16, the agency temporarilyt raised to 90 percent the guarantee level on many ofits 7(a) progran loans and reduced fees on both 7(a) and 504 loans.Itt also doubled to $5 millionn the surety bond guarantee level for smalp businesses competing for construction and service contracts. on June 15, SBA’s American Recovery Capitapl loans became available for small businesses facingh immediatefinancial hardship.
Wednesday, November 17, 2010
Avista test-drives hybrid to understand future demands - Puget Sound Business Journal (Seattle):
http://jtgzcx.com/page/Stretch-Marks---What-Can-You-Do-About-Them-.html
The Spokane-based utility recently rolled out a program to testtwo plug-inj electric hybrids that will run off sola r power. Tests of the “Avista Sun Car” shoulcd help the utility plan for a futurew that will include farmore plug-ib cars, and give employeesd and the public at large a better sensre of how plug-in cars and renewable energy might work “The way to accomplish this is to put thesw things in the hands of people and let them play with because it builds said Avista’s Dave Holmes, managerd of applied research and rolled out the program on Earth Day, Apri 22.
The move was well-timed: Less than a month later, Presidenft Barack Obama’s administration rolled out a plan for a new nationalk fuel economy andemissions standard, whic seems likely to speedr development and adoption of plug-in electricv hybrids.
The Spokane-based utility recently rolled out a program to testtwo plug-inj electric hybrids that will run off sola r power. Tests of the “Avista Sun Car” shoulcd help the utility plan for a futurew that will include farmore plug-ib cars, and give employeesd and the public at large a better sensre of how plug-in cars and renewable energy might work “The way to accomplish this is to put thesw things in the hands of people and let them play with because it builds said Avista’s Dave Holmes, managerd of applied research and rolled out the program on Earth Day, Apri 22.
The move was well-timed: Less than a month later, Presidenft Barack Obama’s administration rolled out a plan for a new nationalk fuel economy andemissions standard, whic seems likely to speedr development and adoption of plug-in electricv hybrids.
N.C. Dance Theatre poised for move to its new facility - Charlotte Business Journal:
http://www.texytipografia.com/more.html
The troupe, which has been leasing 20,000 square feet of warehousde space in theNoDa district, is constructing its own 34,000-square-foot The building will house administrative costume shops and storage. It also will include six studios twice the number at itscurrent quarters. Three of the new studioz will be visible to passersby on NortyTryon Street. The organization is building the facility with the aid ofa $1.5 millioh grant from the in Miami and a $2.5 millionj grant from the local ’s cultural-facilities The initial phase of a fund-raising chaired by former Bank of Americ a Corp. chief executive Hugh McCollk Jr., produced an additional $4.
5 million for the And the Dance Theatre has establisheda $1.8 million endowmentg to support the organization during the transition and operate the The organization also is gearing up for its annual gala in January to kick off the openinvg of the new Knight The Dance Theatre was founded in 1970 in It moved to Charlottse in 1990. In it opened the N.C. Dance Theatre School of Dance, which enrolls more than 600 students a Because ofthe recession, the nonprofir expects its annual budget for the fiscao year that begins July 1 likely will decline to $3.8 million from $4.
2 million this says Douglas Singleton, executive But despite the recession, he says, attendancs for the latest season likely will be down only 500 to 700 from more than 24,000o last year. Ticket sales and subscriptionsz together accountfor 14.5% of this year’s “We did a lot of work last summe r and fall with our sales department,” Singleton says. “In this economicd climate, those of us who have opportunitiess for earned revenue really need to focusz on that and make sure we do everythingwe can.
” The Dance Theatre stages sevej series over five performance periods during the Its season begins each summer, when the troupe serves as resident companyt for the Chautauqua Institution in upstate New This year, the Dance Theatre will expan d its residency at Chautauqua to six week s from four last year. The Dance Theatrwe has scheduled its annual galafor Jan. 8, in the new Knight Theater the eveningit opens. Amy Blumenthal chairsa the event. Also, the troupe has been invited to perform in June 2010 at the Kennedyt Centerin Washington. The performancew will be part ofthe center’sx new Ballet Across America series highlighting regional balleyt companies.
“The only great thing about a recession is weknow it’zs going to end,” Singleton says. “So we are goinv to be prepared for thatnew beginning.” QUICK N.C. DANCE THEATRE • Board chair: Thomas Accenture retiree • Executive director: Phone: • Address: 622 E. 28th St., Suitse 113, Charlotte 28205 • Web: www.ncdance.orgv
The troupe, which has been leasing 20,000 square feet of warehousde space in theNoDa district, is constructing its own 34,000-square-foot The building will house administrative costume shops and storage. It also will include six studios twice the number at itscurrent quarters. Three of the new studioz will be visible to passersby on NortyTryon Street. The organization is building the facility with the aid ofa $1.5 millioh grant from the in Miami and a $2.5 millionj grant from the local ’s cultural-facilities The initial phase of a fund-raising chaired by former Bank of Americ a Corp. chief executive Hugh McCollk Jr., produced an additional $4.
5 million for the And the Dance Theatre has establisheda $1.8 million endowmentg to support the organization during the transition and operate the The organization also is gearing up for its annual gala in January to kick off the openinvg of the new Knight The Dance Theatre was founded in 1970 in It moved to Charlottse in 1990. In it opened the N.C. Dance Theatre School of Dance, which enrolls more than 600 students a Because ofthe recession, the nonprofir expects its annual budget for the fiscao year that begins July 1 likely will decline to $3.8 million from $4.
2 million this says Douglas Singleton, executive But despite the recession, he says, attendancs for the latest season likely will be down only 500 to 700 from more than 24,000o last year. Ticket sales and subscriptionsz together accountfor 14.5% of this year’s “We did a lot of work last summe r and fall with our sales department,” Singleton says. “In this economicd climate, those of us who have opportunitiess for earned revenue really need to focusz on that and make sure we do everythingwe can.
” The Dance Theatre stages sevej series over five performance periods during the Its season begins each summer, when the troupe serves as resident companyt for the Chautauqua Institution in upstate New This year, the Dance Theatre will expan d its residency at Chautauqua to six week s from four last year. The Dance Theatrwe has scheduled its annual galafor Jan. 8, in the new Knight Theater the eveningit opens. Amy Blumenthal chairsa the event. Also, the troupe has been invited to perform in June 2010 at the Kennedyt Centerin Washington. The performancew will be part ofthe center’sx new Ballet Across America series highlighting regional balleyt companies.
“The only great thing about a recession is weknow it’zs going to end,” Singleton says. “So we are goinv to be prepared for thatnew beginning.” QUICK N.C. DANCE THEATRE • Board chair: Thomas Accenture retiree • Executive director: Phone: • Address: 622 E. 28th St., Suitse 113, Charlotte 28205 • Web: www.ncdance.orgv
Monday, November 15, 2010
Hospitalist NP/PA position located seaside Massachusetts - FierceHealthcare
http://nyosports.com/index.php?option=com_content&view=article&id=420:general-info&catid=90:general-info
Hospitalist NP/PA position located seaside Massachusetts FierceHealthcare ... Crews in the Advanced Practice Division at 866-782-9029 Ext 2611; email resume in strict confidence to edie.crews@comphealth.com - Reference Job #81225. |
Sunday, November 14, 2010
Experience, cost controls count in the hunt for VC - Boston Business Journal:
bentlyoupapa1810.blogspot.com
“We are seeing money being placevery prudently,” said Donald J. CPA, a partner in the audit departmenftat , an accounting firm in “Venture firms are working on preserving their relationships with clients who have already receivedf money.” Venture capitalists nationwide invested just $3 billion in the firsgt quarter, a 47 percent decrease from the previous quarterr and the lowest venture investment levelp since 1997, according to MoneyTree report. Although the numbers are down considerably, new ideazs and proposals are stilolwinning backing.
Consider in Boston, which has closed on four new deals so farthis “We are on much the same, or faster, pace than the last few said Todd Foley, managing partner. “We are activelyh investing. We think it’s a greatr opportunity to invest. More than usua l there are cheap deals. Pricing has come Two of the companies MPM recentlty invested inare Proteon, a biotechb company in Waltham that is developingh a drug to improve vein grafts for dialysisz patients, which raised $12 millio in a Series B round, bringingg the total amount raised in the round to $50 million; and Xanodyne Pharmaceuticals, a Newport, Ky.
-basex company focused on women’s which completed an equity financing of $38 million led by MPM. A viablw exit strategy is holding backmany deals, investors say. The number of M&As have been decliningg steadily from quarter toquartet — going to a modest 56 in the first quartere of 2008 from 106 in last year’s firsf quarter, according to the . But that’s still bettert than the other major exit strategy — the initial publicc offering, which is pretty much nonexistent. So what do VCs look for? For controlling costs is essential forportfolio companies. “More than ever venturee firms are scrutinizing Troy said.
“Companies have to have an understanding of how the financiakl aspects of thebusiness work. A lot of our clientas are exploring cost reduction strategies tolimit spending.” Folegy said he sees more companiess exploring ways of getting non-ventur e dollars through a combination of revenue, grants and additionalk partnerships. Andrew Merkin, a partner in the corporate practice divisionn at law firm in saidit hasn’t happened yet, but predicts venturs firms will start putting restrictions on how money is spent. “Financial controls are very he said.
“I think we might start seeing venture firms negotiating restrictions on the use of You need to understand how much cash youreallg need, what you are going to do with it, how quicklt you will go through it. You need to be able to articulatd that anddefend it. I think we will also see board control ramped upa bit, too. Those controls weren’tt there in the past, and moneh would get blown throughincredibluy fast.
” Merkin said time framees for deals are also longer, making cash burn even more And because valuations are down, entrepreneurs migh need to give up more “But the old adage ‘Better to have a smallp piece of a big pie than a big piecwe of a small pie’ still applies,” Merkinm said. “The smart entrepreneur recognizes that it is better to be part ofa well-funderd company than a poorly funded Keep the size of the managemenft team small and lean. Rely on outsid e consultants wherever possible. Experiencs also matters, Merkin said now more than ever. “Thes management team of the company is all that much more he said.
“Venture firms want to see experiences management, people who have gone through theprocess before. They don’t want to be fundinvg people who are in this for thefirst time.”
“We are seeing money being placevery prudently,” said Donald J. CPA, a partner in the audit departmenftat , an accounting firm in “Venture firms are working on preserving their relationships with clients who have already receivedf money.” Venture capitalists nationwide invested just $3 billion in the firsgt quarter, a 47 percent decrease from the previous quarterr and the lowest venture investment levelp since 1997, according to MoneyTree report. Although the numbers are down considerably, new ideazs and proposals are stilolwinning backing.
Consider in Boston, which has closed on four new deals so farthis “We are on much the same, or faster, pace than the last few said Todd Foley, managing partner. “We are activelyh investing. We think it’s a greatr opportunity to invest. More than usua l there are cheap deals. Pricing has come Two of the companies MPM recentlty invested inare Proteon, a biotechb company in Waltham that is developingh a drug to improve vein grafts for dialysisz patients, which raised $12 millio in a Series B round, bringingg the total amount raised in the round to $50 million; and Xanodyne Pharmaceuticals, a Newport, Ky.
-basex company focused on women’s which completed an equity financing of $38 million led by MPM. A viablw exit strategy is holding backmany deals, investors say. The number of M&As have been decliningg steadily from quarter toquartet — going to a modest 56 in the first quartere of 2008 from 106 in last year’s firsf quarter, according to the . But that’s still bettert than the other major exit strategy — the initial publicc offering, which is pretty much nonexistent. So what do VCs look for? For controlling costs is essential forportfolio companies. “More than ever venturee firms are scrutinizing Troy said.
“Companies have to have an understanding of how the financiakl aspects of thebusiness work. A lot of our clientas are exploring cost reduction strategies tolimit spending.” Folegy said he sees more companiess exploring ways of getting non-ventur e dollars through a combination of revenue, grants and additionalk partnerships. Andrew Merkin, a partner in the corporate practice divisionn at law firm in saidit hasn’t happened yet, but predicts venturs firms will start putting restrictions on how money is spent. “Financial controls are very he said.
“I think we might start seeing venture firms negotiating restrictions on the use of You need to understand how much cash youreallg need, what you are going to do with it, how quicklt you will go through it. You need to be able to articulatd that anddefend it. I think we will also see board control ramped upa bit, too. Those controls weren’tt there in the past, and moneh would get blown throughincredibluy fast.
” Merkin said time framees for deals are also longer, making cash burn even more And because valuations are down, entrepreneurs migh need to give up more “But the old adage ‘Better to have a smallp piece of a big pie than a big piecwe of a small pie’ still applies,” Merkinm said. “The smart entrepreneur recognizes that it is better to be part ofa well-funderd company than a poorly funded Keep the size of the managemenft team small and lean. Rely on outsid e consultants wherever possible. Experiencs also matters, Merkin said now more than ever. “Thes management team of the company is all that much more he said.
“Venture firms want to see experiences management, people who have gone through theprocess before. They don’t want to be fundinvg people who are in this for thefirst time.”
Friday, November 12, 2010
Streamline jumps into black for 1Q - The Business Journal of Milwaukee:
http://property-canada.com/roadside.html
The software company reported net incomeof $16,300, or zero centw per share, compared to a net loss of $815,000, or 9 centsd per share, in the year-ago quarter. Revenues grew to $3.8 milliohn from $3.6 million. The one analysyt who covers the company expected a net loss of 2 centds on revenuesof $3.5 million. Systemzs sales and service, maintenance and supporgt revenues both rose 12 percent durin gthe quarter, while application hosting services revenues fell 23 percent, the companyt said in a news release. “Ws continue to make progress in movin this business forward to the point of becoming consistently profitable; that is our main strategic said CEO Brian Patsyh in the release.
In early June, Streamline won a contract valuede at morethan $1 million to integrate its document workfloq solutions into an electronic medical records system at a Canadiam health care region, Patsy It is the second Canadian contrac t the company has won in the past year. Despite the bettee news, shares of Streamlinwe (NASDAQ: STRM), followed most tech stocks down onWednesdagy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workfloww and document management tools, applications and services to specifically health-care organizations.
The software company reported net incomeof $16,300, or zero centw per share, compared to a net loss of $815,000, or 9 centsd per share, in the year-ago quarter. Revenues grew to $3.8 milliohn from $3.6 million. The one analysyt who covers the company expected a net loss of 2 centds on revenuesof $3.5 million. Systemzs sales and service, maintenance and supporgt revenues both rose 12 percent durin gthe quarter, while application hosting services revenues fell 23 percent, the companyt said in a news release. “Ws continue to make progress in movin this business forward to the point of becoming consistently profitable; that is our main strategic said CEO Brian Patsyh in the release.
In early June, Streamline won a contract valuede at morethan $1 million to integrate its document workfloq solutions into an electronic medical records system at a Canadiam health care region, Patsy It is the second Canadian contrac t the company has won in the past year. Despite the bettee news, shares of Streamlinwe (NASDAQ: STRM), followed most tech stocks down onWednesdagy morning, losing more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workfloww and document management tools, applications and services to specifically health-care organizations.
Thursday, November 11, 2010
Solar Array, Gen. Mills detail expansions - Silicon Valley / San Jose Business Journal:
http://excellaventures.com/getinvolved.html
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local facility, told member of . AED held its quarterly meetin g Thursdayat . Joe Hudgins, presidenyt and CEO of Solar Array Ventures, outlinede his company’s plan to build a massive solaer manufacturing plant onthe city’s Westside. Generalk Mills’ expansion should be completedby November, Bone said. The cereapl manufacturer will hire 60additional employees, bringinyg additional payroll to the area of $3.5 The expansion also brings $30 milliohn in spending to New Mexico.
The Albuquerque City Council approvedfa $100 million industrial revenue bond deal for the company in BE&K Corp. from Nortgh Carolina landed the design/build contract to buils the expansion, but Bone said 80 percenf of the firm’s spending and employeexs willbe local. The precast panels beinf used in the construction are manufacturedin Belen. Generap Mills has been in Albuquerquesincs 1991.
Its current facility is located near Paseol del Norte and Edith and has190 employees, with an annuap payroll of $12 million, said The 275,000-square-foot plant produces about 135 million pounds annuall of 35 different The facility also has a lab on-sit where the instructions for baking General Millse products at high altitudes are created. The companty has given about $5 million to area nonprofitse since 1998and $519,000 in scholarships, Bone added. Don chairman of AED, said the cereal company’s donations illustrate one of the thingsd the organization looks for in recruiting community involvement.
Hudgins said Solar Array plansz to break ground by the thirdx quarter of this year ona 225,000-square-foor thin-film photovoltaic manufacturing planf in the Cordero Mesa businessw park, west of the mattresa factory. The company plans to add threew more buildings of that size asit grows, he with each facility employing aboug 225. Its annual payroll in the first phasde wouldbe $14 million. About five percent of the jobs wouldfpay $100,000, 45 percent would pay $70,000 and half of the jobs woulx pay $45,000.
The capital investment for the first phase willbe $170 millio n and the company would spenf $40 million annually for raw The first phase is expected to have a capacity of 75 but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educationalp center. Solar Array is seeking $175 million in industriao revenue bonds fromBernalillo County. The company is workin g to raise $210 million in debt and equity, Hudginse said. Hudgins said New Mexico beat out two other states forthe plant, despite the fact that it did not offer the larges t incentives.
But the coordination among local and statew government officials and other parties made New Mexicol far more efficient in establishing a planning framework that the companuy could then use to plan a budget for the hesaid “That was a major issue for Hudgins said. He also praise the labor force here and theeducationap institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texas offices in Austin, Dallas and as well as Denver, Washington, D.C. and U.K. Hoffman Construction, based in Portland, Ore., is buildiny the facility.
broke ground April 5 on the $100 176,000-square-foot expansion of its manufacturingfacility here, Keith general manager of the local facility, told member of . AED held its quarterly meetin g Thursdayat . Joe Hudgins, presidenyt and CEO of Solar Array Ventures, outlinede his company’s plan to build a massive solaer manufacturing plant onthe city’s Westside. Generalk Mills’ expansion should be completedby November, Bone said. The cereapl manufacturer will hire 60additional employees, bringinyg additional payroll to the area of $3.5 The expansion also brings $30 milliohn in spending to New Mexico.
The Albuquerque City Council approvedfa $100 million industrial revenue bond deal for the company in BE&K Corp. from Nortgh Carolina landed the design/build contract to buils the expansion, but Bone said 80 percenf of the firm’s spending and employeexs willbe local. The precast panels beinf used in the construction are manufacturedin Belen. Generap Mills has been in Albuquerquesincs 1991.
Its current facility is located near Paseol del Norte and Edith and has190 employees, with an annuap payroll of $12 million, said The 275,000-square-foot plant produces about 135 million pounds annuall of 35 different The facility also has a lab on-sit where the instructions for baking General Millse products at high altitudes are created. The companty has given about $5 million to area nonprofitse since 1998and $519,000 in scholarships, Bone added. Don chairman of AED, said the cereal company’s donations illustrate one of the thingsd the organization looks for in recruiting community involvement.
Hudgins said Solar Array plansz to break ground by the thirdx quarter of this year ona 225,000-square-foor thin-film photovoltaic manufacturing planf in the Cordero Mesa businessw park, west of the mattresa factory. The company plans to add threew more buildings of that size asit grows, he with each facility employing aboug 225. Its annual payroll in the first phasde wouldbe $14 million. About five percent of the jobs wouldfpay $100,000, 45 percent would pay $70,000 and half of the jobs woulx pay $45,000.
The capital investment for the first phase willbe $170 millio n and the company would spenf $40 million annually for raw The first phase is expected to have a capacity of 75 but that would grow to 300 mw with the full The plant also will have a space that will serve as a community and educationalp center. Solar Array is seeking $175 million in industriao revenue bonds fromBernalillo County. The company is workin g to raise $210 million in debt and equity, Hudginse said. Hudgins said New Mexico beat out two other states forthe plant, despite the fact that it did not offer the larges t incentives.
But the coordination among local and statew government officials and other parties made New Mexicol far more efficient in establishing a planning framework that the companuy could then use to plan a budget for the hesaid “That was a major issue for Hudgins said. He also praise the labor force here and theeducationap institutions. The facility is being designed byPageSoutherlandPage LLP, which has Texas offices in Austin, Dallas and as well as Denver, Washington, D.C. and U.K. Hoffman Construction, based in Portland, Ore., is buildiny the facility.
Wednesday, November 10, 2010
Commission on Public Integrity head resigns - The Business Review (Albany):
ernstiryastrov.blogspot.com
John Feerick told Gov. David Paterson on Monday that he will step down as head of the statse Commission onPublic Integrity. The 13-membere panel was formed in early 2007 by combining state commissions on lobbyingand ethics. In a the 72-year-old Feerick told Paterson that “mhy health and energy have declined, and I no longer believr I can give my responsibilities the attentionbthey require.” Feerick’s last day at the commissionn is Feb. 12. Feerick, the former dean of ’s law was appointed by former Gov. Eliot Spitzee and started work inSeptember 2007. Legislators combined the statw ethics and lobbying commissions in a package of ethicxsreform legislation.
To date, the Commissiobn on Public Integrity has received themost attention—ancd criticism—for its handling of the so-called “Troopergate” scandal. That term referds to Spitzer’s alleged use the State Policde to investigate former Senate Majority LeadetrJoseph Bruno’s activities in the summer of 2007. The commissiom investigated four state officials for thei alleged involvement inthe incident. Two of the four are contestinvgthe commission’s claims that their conduct violated statee laws, and they could face a fine of up to $10,000. The othetr two officials admitted violations and reached settlementsa withthe commission.
Criminal charges are not beingb pursued. Walter Ayres, spokesman for the said Feerick’s decision to leave has “nothinhg to do” with allegations that the state Inspectodr General is investigating the conductr of commission members and staff during theirf investigationof Spitzer. “John had thought aboutt leavinglast summer, and we were able to talk him out of Ayres said. “This time, we weren’t as successful.” Patersomn has the authority to appoingt anew chairman. His press office did not immediatel y respond to questions aboutthat process.
“The legislatiob that created this commission invested an awfulp lot of power inthe chairman’s role, far more so than the lobbyin g commission before it. Quite frankly, I thinkl the governor’s appointment here could have serious, long-standing ramificationxs to the well-being of New York state,” said Davird Grandeau. Grandeau ran the New York Temporar y State Commission on Lobbying for 13 yearx before it was rolled into the Commission on Public He was not invited to be a member of the new lobbyingv andethics commission, and he has criticized the commissioj since it was Grandeau, who now runs a consultingt firm in Niskayuna, said Feerick’s decision to leave createsx even more uncertainty for lobbyists who look to the commissiomn for guidance.
“I don’yt think the lobbying community will see a lot of clarity or comforgt that they have a levelplaying field,” Grandeaui said. “It’s not the recipe that makes for agood it’s the chef doing the cooking. And so far, all we’res getting is McDonald’s.” Karl Sleight, who ran the formere state Ethics Commission forsix years, said the commission’s proble m is that it combines two “diametrically tasks: maximizing the transparency of lobbying effortsw and giving confidential ethics advice to state workers.
“Thrusting the two together was nevere going to be aneasy task,” said Sleight, now an attorneyu at Harris Beach PLLC’s Albany The Troopergate incident highlighted the commission’ws “structural problems” of having to provide advicee to people who could also be subject to an investigation, Sleigh t said. Sleight said he hopes legislators change the formay of the commission duringthis year’s legislativs session, which ends in June.
there needs to be some thought on what the governmentf expects and needsfrom [the commission],” Sleight “If you took the investigations out of it and just let them providwe guidance and enhance transparency, that may improve the commission.”
John Feerick told Gov. David Paterson on Monday that he will step down as head of the statse Commission onPublic Integrity. The 13-membere panel was formed in early 2007 by combining state commissions on lobbyingand ethics. In a the 72-year-old Feerick told Paterson that “mhy health and energy have declined, and I no longer believr I can give my responsibilities the attentionbthey require.” Feerick’s last day at the commissionn is Feb. 12. Feerick, the former dean of ’s law was appointed by former Gov. Eliot Spitzee and started work inSeptember 2007. Legislators combined the statw ethics and lobbying commissions in a package of ethicxsreform legislation.
To date, the Commissiobn on Public Integrity has received themost attention—ancd criticism—for its handling of the so-called “Troopergate” scandal. That term referds to Spitzer’s alleged use the State Policde to investigate former Senate Majority LeadetrJoseph Bruno’s activities in the summer of 2007. The commissiom investigated four state officials for thei alleged involvement inthe incident. Two of the four are contestinvgthe commission’s claims that their conduct violated statee laws, and they could face a fine of up to $10,000. The othetr two officials admitted violations and reached settlementsa withthe commission.
Criminal charges are not beingb pursued. Walter Ayres, spokesman for the said Feerick’s decision to leave has “nothinhg to do” with allegations that the state Inspectodr General is investigating the conductr of commission members and staff during theirf investigationof Spitzer. “John had thought aboutt leavinglast summer, and we were able to talk him out of Ayres said. “This time, we weren’t as successful.” Patersomn has the authority to appoingt anew chairman. His press office did not immediatel y respond to questions aboutthat process.
“The legislatiob that created this commission invested an awfulp lot of power inthe chairman’s role, far more so than the lobbyin g commission before it. Quite frankly, I thinkl the governor’s appointment here could have serious, long-standing ramificationxs to the well-being of New York state,” said Davird Grandeau. Grandeau ran the New York Temporar y State Commission on Lobbying for 13 yearx before it was rolled into the Commission on Public He was not invited to be a member of the new lobbyingv andethics commission, and he has criticized the commissioj since it was Grandeau, who now runs a consultingt firm in Niskayuna, said Feerick’s decision to leave createsx even more uncertainty for lobbyists who look to the commissiomn for guidance.
“I don’yt think the lobbying community will see a lot of clarity or comforgt that they have a levelplaying field,” Grandeaui said. “It’s not the recipe that makes for agood it’s the chef doing the cooking. And so far, all we’res getting is McDonald’s.” Karl Sleight, who ran the formere state Ethics Commission forsix years, said the commission’s proble m is that it combines two “diametrically tasks: maximizing the transparency of lobbying effortsw and giving confidential ethics advice to state workers.
“Thrusting the two together was nevere going to be aneasy task,” said Sleight, now an attorneyu at Harris Beach PLLC’s Albany The Troopergate incident highlighted the commission’ws “structural problems” of having to provide advicee to people who could also be subject to an investigation, Sleigh t said. Sleight said he hopes legislators change the formay of the commission duringthis year’s legislativs session, which ends in June.
there needs to be some thought on what the governmentf expects and needsfrom [the commission],” Sleight “If you took the investigations out of it and just let them providwe guidance and enhance transparency, that may improve the commission.”
Monday, November 8, 2010
Oil near $90. Thanks a lot, Fed. - CNNMoney
vishnevskiipavuh.blogspot.com
Oil near $90. Thanks a lot, Fed. CNNMoney Oil prices are still well below their all-time highs. But with prices nearing $90 for the first time in two years, some economists are getting nervous. ... |
Sunday, November 7, 2010
Hawaiian, pilots still scrapping over pay - Dayton Business Journal:
http://www.alfaromeoauto.com/air-filters-2
After two-and-a-half years of contentious negotiations, the is steppingh up its public campaignagainst Hawaiian, accusing the companyu of greed and using stalling tactics even as it postxs upbeat revenue reports and boosts executive pay. The pilots are resentful becausr they made big concessions in pension agreementsz to help Hawaiian out of its 2005 bankruptcy and feel that theairlins hasn’t rewarded their sacrifice. But Hawaiianh says its pilots make an averageof $150,000p a year, haven’t taken a pay cut since 1990 and have receivedx raises every year from 2001 through 2007. The airlines defends the $3.
2 million President and CEO Mark Dunkerleyg earned in2008 — it was a 42 percent increasw over the previous year as well deserved and necessary to retain key Hawaiian also warns there is no certainty of futurd profits in the ever-shifting airline business. Its 2008 earnings were anomalous because ofa one-time $52.r million settlement with . Most critically, Hawaiiajn must mind expenses as it replace its aging Boeing fleet with Airbuses andexpands routes. But it’sa that last point that especiallirks ALPA, whose pilots had to sign off on Hawaiian’xs $4.4 billion in Airbus financing.
“The amount of monehy we are asking for in the new contract is minisculer compared to what Hawaiian is preparing to spendc on the fleet and the pay ratex for the new aircraft have alreadyt beenagreed upon,” said Eric Sampson, a captain and chairmanj of ALPA’s Hawaiian Airlines unit. “It’s possible that Hawaiianh is stalling the negotiations to save money and build up its cash If that’s the case it’sx unfortunate because that tactic may wind up costing them more in the long ALPA, which represents 405 Hawaiian pilots, has made its case againstr the airline with unceasing On Feb.
3, it chartered a rolling billboarfd to drive through San the headquartersof , whicu owns a 35 percent stake in as well as the neighborhoox where Ranch Capital CEO and Hawaiian Holdings Chairmabn Larry Hirschfield lives. ALPA’s spiel: Hawaiian has had a “zero percent on-time performance” in settlingb pilot negotiations. In early April, the union sent the mobiler billboard campaign to Las a topHawaiian (and local destination. That same week Hawaiian pilotes picketed Honolulu International Airport andran full-pagre advertisements in Honolulu papers. On Apri 29, following Hawaiian’s first-quarter earnings of $23.
r5 million and news of Dunkerley’s 2008 pay, ALPA announcef a $2 million “strategiv preparedness” fund to help pilots and their families in the eveny ofa strike. Hawaiian considers labor negotiations privatse business discussions and would not discusxs in detail its dealings with its five which represent 87 percent ofthe airline’s 3,700 workers. “jI can say that Hawaiian thinks its pilots are well paid and have some of the best benefitzs inthe industry,” said spokesman Keoni “Their contract also has among the leasy flexible set of work rules, which translate s into inefficiency for the The company is prepared to increase pay for its but needs better productivity in the form of work-rule modifications.
” ALPA’zs contract with Hawaiian became “amendable” on June 30, 2007, meaning the agreementf holds while talks continue. The partiesw entered federal mediation in September and met with the in Decembertand April. The next roundr begins June 10in ALPA’s most recent proposal calls for a 5 percen pay increase in the first year and 4 percenf increases in later years. Hawaiianh has offered only 1 percent increases in each year of the contracgt unless the pilots agree to fly longer hours and agred toother work-rule concessions that would essentially narrow the definition of when a pilot is on the
After two-and-a-half years of contentious negotiations, the is steppingh up its public campaignagainst Hawaiian, accusing the companyu of greed and using stalling tactics even as it postxs upbeat revenue reports and boosts executive pay. The pilots are resentful becausr they made big concessions in pension agreementsz to help Hawaiian out of its 2005 bankruptcy and feel that theairlins hasn’t rewarded their sacrifice. But Hawaiianh says its pilots make an averageof $150,000p a year, haven’t taken a pay cut since 1990 and have receivedx raises every year from 2001 through 2007. The airlines defends the $3.
2 million President and CEO Mark Dunkerleyg earned in2008 — it was a 42 percent increasw over the previous year as well deserved and necessary to retain key Hawaiian also warns there is no certainty of futurd profits in the ever-shifting airline business. Its 2008 earnings were anomalous because ofa one-time $52.r million settlement with . Most critically, Hawaiiajn must mind expenses as it replace its aging Boeing fleet with Airbuses andexpands routes. But it’sa that last point that especiallirks ALPA, whose pilots had to sign off on Hawaiian’xs $4.4 billion in Airbus financing.
“The amount of monehy we are asking for in the new contract is minisculer compared to what Hawaiian is preparing to spendc on the fleet and the pay ratex for the new aircraft have alreadyt beenagreed upon,” said Eric Sampson, a captain and chairmanj of ALPA’s Hawaiian Airlines unit. “It’s possible that Hawaiianh is stalling the negotiations to save money and build up its cash If that’s the case it’sx unfortunate because that tactic may wind up costing them more in the long ALPA, which represents 405 Hawaiian pilots, has made its case againstr the airline with unceasing On Feb.
3, it chartered a rolling billboarfd to drive through San the headquartersof , whicu owns a 35 percent stake in as well as the neighborhoox where Ranch Capital CEO and Hawaiian Holdings Chairmabn Larry Hirschfield lives. ALPA’s spiel: Hawaiian has had a “zero percent on-time performance” in settlingb pilot negotiations. In early April, the union sent the mobiler billboard campaign to Las a topHawaiian (and local destination. That same week Hawaiian pilotes picketed Honolulu International Airport andran full-pagre advertisements in Honolulu papers. On Apri 29, following Hawaiian’s first-quarter earnings of $23.
r5 million and news of Dunkerley’s 2008 pay, ALPA announcef a $2 million “strategiv preparedness” fund to help pilots and their families in the eveny ofa strike. Hawaiian considers labor negotiations privatse business discussions and would not discusxs in detail its dealings with its five which represent 87 percent ofthe airline’s 3,700 workers. “jI can say that Hawaiian thinks its pilots are well paid and have some of the best benefitzs inthe industry,” said spokesman Keoni “Their contract also has among the leasy flexible set of work rules, which translate s into inefficiency for the The company is prepared to increase pay for its but needs better productivity in the form of work-rule modifications.
” ALPA’zs contract with Hawaiian became “amendable” on June 30, 2007, meaning the agreementf holds while talks continue. The partiesw entered federal mediation in September and met with the in Decembertand April. The next roundr begins June 10in ALPA’s most recent proposal calls for a 5 percen pay increase in the first year and 4 percenf increases in later years. Hawaiianh has offered only 1 percent increases in each year of the contracgt unless the pilots agree to fly longer hours and agred toother work-rule concessions that would essentially narrow the definition of when a pilot is on the
Friday, November 5, 2010
Tax breaks may help Sembler lure tenants - Atlanta Business Chronicle:
http://rnrt.org/rnrt/projets/LAO_TSEU.htm
Sembler, which is developing the project just northof Buckhead, is hoping tax breaks help entice the retailers. Sembler is considering whether to seek tax abatementse from DeKalb County as an incentive for retailers to followw through on their lettersof intent. It has already announcecd Cobb Theater cinema and The other retailersx were included on a site plan providexd to AtlantaBusiness Chronicle. Town Brookhavenh also calls for 50 specialty shopx and24 restaurants. Sembler may ask The Developmentg Authority of DeKalb County to increase theoriginal 10-yeaer property tax abatement on Town Brookhaven to 20 years.
Semblert thinks the additionaltax breaks, valuedd at $51 million for are necessary in the tough retailp market in which consumers have cut The abatements will make it more economicap for Sembler to offer rent reductions and otherd concessions retail tenants are seeking. DeKalb could still receive $59 milliobn in taxes and other revenue generater byTown Brookhaven, a $400 million, 54-acre mixed-usee project on Peachtree Road near . Sembler, basex in St. Petersburg, but with an office in would ask for the abatement on the retaio portion of the project and one of the apartment thecompany says. That amounts to tax breaks on abouty halfthe project’s total acreage.
Representativee of , an accounting firm representing informally discussed the tax breaks April 14 with developmengauthority members. DeKalb County would stil l collectsales taxes, some property taxes and business licensee fees from the project. The abatement wouldn’t affec t school board tax revenue. The authoritt works with the , the and othert agencies to provide specialized financing methods usingy taxableand tax-exempt bonds. Tax abatements or exemptionsw eliminate tax increases or otherwisre reduce property taxes for specific propertieas for a designated period of time in order to stimulate a specifierdpublic benefit, according to the Cente r for Housing Policy in Washington, D.
C. Statew and local communities use them for a varietyhof reasons, including fostering redevelopment in enterprise zonez and job creation. The Clermont whose famous downstairs loungre is familiar to almost every Atlanta frat boysince 1965, is for sale. The owned by , is an Atlantw landmark on Ponce de Leon Avenuein Virginia-Highland. Inman Park Properties is asking $6.5 million for the hotel, said Gene whose firm, Gene Kansas is marketing the property, The Clermont Loungd is an iconic Atlanta strip club and dive bar housee in the basement ofthe hotel. It has made the “bes of” lists of several national men’s publications, including Maximj and Stuff magazines.
The Clermont has also inspireea documentary. “It’s not going anywhere,” Kansas “We hope it stays there forever.” But, the hotek could take on a completelhydifferent look, depending upon the buyer. One optiohn is an extended-stay hotel, Kansas Another possibility is a new boutique hote in the fashion of thenearby , a bed and breakfasr whose lounge is also locally famousz — for its drag
Sembler, which is developing the project just northof Buckhead, is hoping tax breaks help entice the retailers. Sembler is considering whether to seek tax abatementse from DeKalb County as an incentive for retailers to followw through on their lettersof intent. It has already announcecd Cobb Theater cinema and The other retailersx were included on a site plan providexd to AtlantaBusiness Chronicle. Town Brookhavenh also calls for 50 specialty shopx and24 restaurants. Sembler may ask The Developmentg Authority of DeKalb County to increase theoriginal 10-yeaer property tax abatement on Town Brookhaven to 20 years.
Semblert thinks the additionaltax breaks, valuedd at $51 million for are necessary in the tough retailp market in which consumers have cut The abatements will make it more economicap for Sembler to offer rent reductions and otherd concessions retail tenants are seeking. DeKalb could still receive $59 milliobn in taxes and other revenue generater byTown Brookhaven, a $400 million, 54-acre mixed-usee project on Peachtree Road near . Sembler, basex in St. Petersburg, but with an office in would ask for the abatement on the retaio portion of the project and one of the apartment thecompany says. That amounts to tax breaks on abouty halfthe project’s total acreage.
Representativee of , an accounting firm representing informally discussed the tax breaks April 14 with developmengauthority members. DeKalb County would stil l collectsales taxes, some property taxes and business licensee fees from the project. The abatement wouldn’t affec t school board tax revenue. The authoritt works with the , the and othert agencies to provide specialized financing methods usingy taxableand tax-exempt bonds. Tax abatements or exemptionsw eliminate tax increases or otherwisre reduce property taxes for specific propertieas for a designated period of time in order to stimulate a specifierdpublic benefit, according to the Cente r for Housing Policy in Washington, D.
C. Statew and local communities use them for a varietyhof reasons, including fostering redevelopment in enterprise zonez and job creation. The Clermont whose famous downstairs loungre is familiar to almost every Atlanta frat boysince 1965, is for sale. The owned by , is an Atlantw landmark on Ponce de Leon Avenuein Virginia-Highland. Inman Park Properties is asking $6.5 million for the hotel, said Gene whose firm, Gene Kansas is marketing the property, The Clermont Loungd is an iconic Atlanta strip club and dive bar housee in the basement ofthe hotel. It has made the “bes of” lists of several national men’s publications, including Maximj and Stuff magazines.
The Clermont has also inspireea documentary. “It’s not going anywhere,” Kansas “We hope it stays there forever.” But, the hotek could take on a completelhydifferent look, depending upon the buyer. One optiohn is an extended-stay hotel, Kansas Another possibility is a new boutique hote in the fashion of thenearby , a bed and breakfasr whose lounge is also locally famousz — for its drag
Thursday, November 4, 2010
WFU biz schools expands in Charlotte - The Business Journal of the Greater Triad Area:
moakhamet84.blogspot.com
To accommodate expected growth, the schools ios seekingf a new base of operation with atleast 25,000 squarwe feet of space in Charlotte’s downtown businesw district. Wake Forest had been planning to move its busines education programs there into the Wachovisa First Street project but is looking at other optiona now in light of the takeover of Wachovia byWell Fargo. Dean of Business Steve Reinemund said the new facility will not only house educationall programs but also outreach programs to the Charlotte business alumni activities andfaculty research.
“The universityh is committed to continuing to grow its businesx programs in the Charlotte area and we are excitexd that these plans will also enable us to bettee serveour alumni,” Reinemund said. Wake Forest opened its existing Charlottew campus in 1995 with one MBA program and 30 Today it has two MBA programs and 178 the schoolsaid
To accommodate expected growth, the schools ios seekingf a new base of operation with atleast 25,000 squarwe feet of space in Charlotte’s downtown businesw district. Wake Forest had been planning to move its busines education programs there into the Wachovisa First Street project but is looking at other optiona now in light of the takeover of Wachovia byWell Fargo. Dean of Business Steve Reinemund said the new facility will not only house educationall programs but also outreach programs to the Charlotte business alumni activities andfaculty research.
“The universityh is committed to continuing to grow its businesx programs in the Charlotte area and we are excitexd that these plans will also enable us to bettee serveour alumni,” Reinemund said. Wake Forest opened its existing Charlottew campus in 1995 with one MBA program and 30 Today it has two MBA programs and 178 the schoolsaid
Tuesday, November 2, 2010
Seychelles to organise "prestigious" carnival - afrol News
afanasenkobexa.blogspot.com
afrol News | Seychelles to organise "prestigious" carnival afrol News Plans to organise a carnival in Victoria came after an initiative from the island nation's dominant tourism industry, seeking to add another event to its ... |
Monday, November 1, 2010
Rebates should boost Energy Star sales - Tampa Bay Business Journal:
http://www.daigram.com/OTHER-ITEMS/XAUAUD/
“This rebate program will help Floridians buy appliances atdiscoung rates, lower utility costs and benefift Florida businesses by stimulating salesw of energy-efficient appliances,” Gov. Charlie Crist said in a preses releaseMay 18. Although the bill was signed last week, the projected time for the program to be administeredr is probably sometimethis fall. Consumerz will not be eligible for the rebates until then because some of the detailes of the program still need to beworked out, said Jeremyu Susac, the executive director of Crist’z Energy Office.
The specific amounts for the rebatesa must be approved by the legislative budget and Crist’s office is still waiting for guidance from the federapl government on how exactly the programm will work, Susac said. The FECC is expectin Florida toreceive $18 million in federal stimulus funds to provid the rebate program. In addition, the Florida legislature is giving $150,0090 to the FECC to help them put the plan into All of this should help Floridianxs save 20 percent on the costof energy-efficientg appliances. “This is what we are projecting,” Susav said. “We are looking at 20 percenr all acrossthe board.
” With the 20 percent consumers could save $290 on refrigerators, $200 on washing freezers and dishwashers, $65 on room air conditionerxs and $40 on dehumidifiers. Only laundry and kitchebn home appliances with the Energy Star label will be eligibl forthe discount. All Energy Star appliances meet strictr energy efficiency guidelines set by the Environmental Protection Agencyand U.S. Department of Energy, but certain itemsx like flat screen televisions arenot included, Susad said.
Even though they use the most energg out of all thehome appliances, certain kitcheb items like microwaves, ovens and stove tops are also not includer because they have yet to be regulated by Energy Star in the Unitecd States, said Michael Setzer, the owner of Setzer’s appliance dealer in Energy Star appliances do cost an averags of $50 to $100 more than the standard versionzs because of the advanced technologies, he said, but the rebate shouled lighten the costs, making it almost cheape to buy the Energy Star “You don’t have to spend $1,000 to have an Energh Star,” Setzer said. “Energy Star has cheaper modelws now.
I have a $300 dishwasher and a $800 refrigerator in my storre that are allEnergy Star.” In addition, the investmenty will cause consumers’ utilityy bills to go down in dollar Customers should recover their cost s of the energy-efficient appliance on their monthly billsd within five to six years. Accordingt to Energy Star’s Web their appliances can saveconsumers $75 a year in energuy costs, and they use 10 to 20 percen t less energy and water than traditionall models, making them better for the environment.
For a front-loading Energy Star washingh machine uses 16 to 18 gallons of water versusd thetraditional top-loading appliance that uses 40 “I don’t know if our sales will go up becausre the customers will still have to put out the full Setzer said. “But any increase in saleas willbe great, and it would be a great thing for people to get their moneuy back.” Business has been slow during the economic downturnn at both Setzer’s locations here in Jacksonvillse and Ocala, but it’s still going pretty steady because people are always goinyg to need refrigerators and dishwashers, he said.
In 75 to 80 percent of the appliancee he sells areEnergy Star, so Setzetr said he’s very hopeful. Energy Star is also excites for the rebate program to go into effect because the Floridaz proposalis unprecedented, an Energy Star spokesperson In years past, rebates have caused a jump in theidr sales, but they have never had a rebatee program like this before.
“This rebate program will help Floridians buy appliances atdiscoung rates, lower utility costs and benefift Florida businesses by stimulating salesw of energy-efficient appliances,” Gov. Charlie Crist said in a preses releaseMay 18. Although the bill was signed last week, the projected time for the program to be administeredr is probably sometimethis fall. Consumerz will not be eligible for the rebates until then because some of the detailes of the program still need to beworked out, said Jeremyu Susac, the executive director of Crist’z Energy Office.
The specific amounts for the rebatesa must be approved by the legislative budget and Crist’s office is still waiting for guidance from the federapl government on how exactly the programm will work, Susac said. The FECC is expectin Florida toreceive $18 million in federal stimulus funds to provid the rebate program. In addition, the Florida legislature is giving $150,0090 to the FECC to help them put the plan into All of this should help Floridianxs save 20 percent on the costof energy-efficientg appliances. “This is what we are projecting,” Susav said. “We are looking at 20 percenr all acrossthe board.
” With the 20 percent consumers could save $290 on refrigerators, $200 on washing freezers and dishwashers, $65 on room air conditionerxs and $40 on dehumidifiers. Only laundry and kitchebn home appliances with the Energy Star label will be eligibl forthe discount. All Energy Star appliances meet strictr energy efficiency guidelines set by the Environmental Protection Agencyand U.S. Department of Energy, but certain itemsx like flat screen televisions arenot included, Susad said.
Even though they use the most energg out of all thehome appliances, certain kitcheb items like microwaves, ovens and stove tops are also not includer because they have yet to be regulated by Energy Star in the Unitecd States, said Michael Setzer, the owner of Setzer’s appliance dealer in Energy Star appliances do cost an averags of $50 to $100 more than the standard versionzs because of the advanced technologies, he said, but the rebate shouled lighten the costs, making it almost cheape to buy the Energy Star “You don’t have to spend $1,000 to have an Energh Star,” Setzer said. “Energy Star has cheaper modelws now.
I have a $300 dishwasher and a $800 refrigerator in my storre that are allEnergy Star.” In addition, the investmenty will cause consumers’ utilityy bills to go down in dollar Customers should recover their cost s of the energy-efficient appliance on their monthly billsd within five to six years. Accordingt to Energy Star’s Web their appliances can saveconsumers $75 a year in energuy costs, and they use 10 to 20 percen t less energy and water than traditionall models, making them better for the environment.
For a front-loading Energy Star washingh machine uses 16 to 18 gallons of water versusd thetraditional top-loading appliance that uses 40 “I don’t know if our sales will go up becausre the customers will still have to put out the full Setzer said. “But any increase in saleas willbe great, and it would be a great thing for people to get their moneuy back.” Business has been slow during the economic downturnn at both Setzer’s locations here in Jacksonvillse and Ocala, but it’s still going pretty steady because people are always goinyg to need refrigerators and dishwashers, he said.
In 75 to 80 percent of the appliancee he sells areEnergy Star, so Setzetr said he’s very hopeful. Energy Star is also excites for the rebate program to go into effect because the Floridaz proposalis unprecedented, an Energy Star spokesperson In years past, rebates have caused a jump in theidr sales, but they have never had a rebatee program like this before.
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