Excellence in Workplace Flexibility winners named - The Business Review (Albany):

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Winners are considered leading practitionerd of workplace flexibility in Arizonaz and acrossthe nation, chamber officialsd said. The event is part of the Chandler Chamber’s management of When Work an ongoing initiative of Families andWork Institute, the Institute for a Competitive an affiliate of the U.S. Chambef of Commerce and the Twiga Applications for theAlfred P. Sloamn Awards were open to all organizations in Arizonza with more than 10 employees that have been in businesa for at least one Applicants were evaluated ina two-steop process, first comparing the employer’s applicatioh to nationally representative data from Families and Work Institute’s Nationak Study of Employers, then corroborating the employe r responses through a surveyy of employees.
The breakfast will begijn at 7:30 a.m. at Crowne Plaza San 1 San Marcos Way in downtown For more: 480-241-7128 or www.chandlerchamber.com. Arizona Foundation for Legaol Servicesand Education, Phoenix Arizona Weddings magazinew and Web site, Scottsdale Autohauds Arizona Inc., Phoenix BDO Seidman LLP, Phoenixx Chandler-Gilbert Community College, Chandle Clifton Gunderson LLP, Phoenix Contrerasw State Farm Agency Inc., Tempe Cosmopolitan Medical Glendale Custom Accounting & Tax PC, Carefree Deloitte LLP, Phoenixd Henry & Horne, LLP Johnson Bank, Phoenix Keats, Connellyy and Associates, Phoenix Intel Corp., Chandler Metro Architectur LLC, Phoenix Morrison Associates Ltd.
, Phoenix My Computer Scottsdale Neonatology Associates Ltd., Phoenix Omega Legapl Systems Inc., Phoenix Pima Council on Agingt Inc., Tucson RSM McGladrey Phoenix Raytheon Missile Systems, Tucsoh Salt River Materials Group dba Phoenizx Cement and Salt River, Scottsdale Western Internationall University, Scottsdale Campus Western International University, Phoenix Whitnybellk Perry Inc., Phoenix WorldatWork, Scottsdale Western International Chandler Campus The Go Daddh Group Inc.
, Scottsdale

Pondering the place of classic cars - Triangle Business Journal:

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Imagine a world without classicAmerican cars. Already on its way to the chassisw graveyardis Pontiac. Saturn may be ditched as but no self-respecting car aficionadk has ever put that brand intothe column. Will the 2006 Buick SUV you’rre driving now be considered a classic whenyour kids’ kids are buyinh cars? Is there a classic car anywhere in the future for Americah auto companies? These are not important questionzs as we ponder the very future of the U.S. auto but they are questionsw that strike an importanf note in the cultural fabric ofthe It’s a cliché to say that Americans develop love affairs with their automobiles.
When I was growing up, the choicess were easy – GM and Chrysler. All three companies but they’re battered and bruised and may or may not be aroundf much longer to turn out cars that the kids of todaty willconsider classics. The online site of claimsz to be the biggest marketplace in the world forclassif cars. And I’d better believe that becausew the company that owns Hemmings also owns the businese journal that pays to put food on my table and inmy bowls. Out of curiosity, I searched Hemmings’ Web site for any classifief ads for aSaturn – any any year, any model.
It returned one result, but I dare say a 2008 Saturj Sky is hardly vintage enough to be a Just someone trying to get ridof it, I reckon. A searcn on “Chevrolet” turned up 2,841 classified ads. I lickede my lips as I feasted my eyes on the photoi of a 1967 Corvette Roadster with a 327 engine and300 horses. Someone in Las Vegas will part with this creampuff for $72,500. A 1957 Chevyh Bel Air convertible, painted highland green with a fuel-injection is offered at $119,000 by someone in Ga. Way back when I really dug cars asa kid, we had to make a choicde – Ford or Chevy. My father and mother droves Fords, so I’ve alwayw had an affinity for the brand.
I lost that love in when I bought a brand new Mustant II and drove it for threyears – mostly to the repair At Hemmings’ site, I searched on Ford to see how the brand stacks up against Chevy. There were 2,029 ads for Fords not bad but abou 800 fewer thanfor Chevy. Drat. The firstr new car my parentzs bought was a 1957 FordFairlane 500. It was two-tonwe – Carolina blue and white – with tons of chrom and cool fins. My Hemmingsz search reveals that this particularmodek isn’t a biggie in the world of classics unless it’s a convertible or two-door coupe.
Drat Folks look hard for the cars they lust Underthe “cars wanted” section at Hemmings, I found this “WANTED: Good Humor ice creamn truck 1950s-1960s, good original in restorable running or not running, finders fee paid; call or …” Since I’m not gettinv any money, I won’t include the contact I currently drive a 2007 Nissan so I queried the Hemmingx search engine to find out whethe r any Xterra has made it to the classic Certainly not, I was told in no uncertaibn terms. Ask me if I’m surprised. Among the coolest classic cars I’ve seen are some that neveer made it tomass production.
The 1954 Pontiacv Bonneville Special was thefirst two-seater sports car producer by Pontiac. It was the brainchild of renowned designerHarlehy Earl, and just two prototypeds were made. Both of these gems are believedr to still bein existence, with one of them sellinh in 2006 for $2.8 million. As they say, they just don’tr make ‘em like that And may never again.

Buda City Council decision opens door for U.S. Foodservice - Austin Business Journal:

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A 5-to-2 vote to approve a new land use designatiob in partof Buda’s extraterritorial jurisdictiom - after a unanimous rejection of the land use chang proposal in April - paves the way for to build its 260,000-square-foot distribution center there. The company plansx to close its East Austin centedr and bring its roughlty 250 employees from there to with plans to hire 100 more within its firstrthree years. The Columbia, Md.
-based food distributor signed a lettedr of intent last September to buy about 40 acredin Buda, 15 miles south of Austin, with planz to build the new center in the Sunfield Municipal Utility But before it could proceed with the move, the companu needed the land-use designation in part of the MUD changee from retail and commercial to light Responding to Buda residents’ concerns about increasecd truck traffic and worries that the land use changre in the MUD was initially proposer for 160 acres the company will initially only reside on 40 acresa — the Buda council rejectee the proposed land-use change earlier this That rejection had U.S.
Foodservices lookingv at other locations to buildthe center. Warrenj Ketteman, president of Buda’s Economic Development said the land use change approved this week was for 95 a smaller parcel than originally Ketteman said documents need to be and then the company can move forward with its plans for the Buda A timeline is notyet clear.

Mild winter means easier time keeping potholes under control - Champaign/Urbana News-Gazette

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Champaign/Urbana News-Gazette

Mild winter means easier time keeping potholes under control Champaign/Urbana News-Gazette Officials are hoping a new piece of equipment might make it a bit easier. A "spray patcher" with a front-mounted boom would allow a worker to fill potholes with controls from the seat of a truck, rather than getting out with a sho vel and walking into ...

GlobalFoundries adds to executive team - The Business Review (Albany):

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billion Fab 2 chip plant in Malta, has appointed two new executives tothe company’z management team. Norm Armour was named vice president andgeneralp manager, and Eric Choh was named vice presidentf of operations, the company announcedf today. Armour will have overall responsibility for the development and execution of the Fab 2 He will managethe site. He has 28 yearsz of experience in the semiconductor industry and joins GlobalFoundriesefrom (Nasdaq: AMAT).
Prior to his work with Applier Materials, Armour served as vice president and general managerefor ’s Gresham Armour also spent six years as director of operationsw at ’ (NYSE: AMD) Fab 10 and Fab 25 in He is relocating to upstatr New York from his current home in California. Choh joinse GlobalFoundries from AMD. He will be in charged of the day-to-day operations. He will repor directly to Armour. He was a member of the Fab 25 start-upl team in Austin, and servedd as director of operationsfrom start-u to full ramp at Fab 30 in Dresden, Germany. Most he was a vice president. He, too, will relocatwe to upstate New York from his curreny homein California.
GlobalFoundriesw is owned by AMD and two investmentf firms owned by the AbuDhab government. “Norm and Eric bring a wealty of semiconductor manufacturing experience to GlobalFoundries and will play criticapl leadership roles as we build and operate the most sophisticatefd semiconductor manufacturing facility inthe world,” said Douglas CEO of Sunnyvale, Calif.-based GlobalFoundries. Site developmentf work for the project started the week ofJune 15. A grouns breaking is scheduledfor July. The plant is scheduleed to begin operations in 2012 and employ morethan 1,40o people. For a timeline on how GlobalFoundrie got tothis point, click .

GDOT awards first stimulus contracts - Houston Business Journal:

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The DOT signed off on 36 projects valued ataboutr $50 million, including four resurfacing jobs in metrlo Atlanta worth more than $2.6 million. The local work will be done on Georgia highways 92 and 139 inFulton County, U.S. 19 in Clayton County and Georgiaa Highway 20 inRockdale County. Three of the four contract s wentto , while the fourth was awardexd to In selecting projects to fund with federal stimulus the DOT looked for highway improvementas that could be started as quickly as possible. Such projects tend to be thosethat don’t involve new which requires extensive environmental impact studies.
“This is all abouyt creating jobs … especially (in) those areas considered economicallyu depressed,” said State Transportation Board member Dana Lemonnof McDonough, who represents Georgia’s 13th Congressional which received one of the project awards on The DOT is responsible for 70 percenr of the $932 million in highway system stimulus funds allocated to Georgia, with the rest goiny to the state’s 15 metropolitab planning organizations, including the .

Palm names Rubinstein new CEO - Silicon Valley / San Jose Business Journal:

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Sunnyvale-based Palm (NASDAQ:PALM) said Colligan plans to take sometime off, then join privat e equity firm in Menlo Park. Palm said Rubinstei joined the company as executive ehairman in Octobere2007 "to help bring innovation back to the “I am very excited about taking on this expanded role at said Rubinstein in a preparer statement. “Ed and I have workesd very hard together the pasttwo years, and I’m grateful to him for everything he’s done to help set the company up for success. With Palm webOS we have 10-plus yeares of innovation aheadof us, and the Palm Pre is alread one of the year’s hottest new products.
Due in no smalo part to Ed’s courageous leadership, we’re in greaft shape to get Palm back tocontinuoua growth, and we plan to keep the trajectoryu going upward.”

Teaneck Zoning Board Approves PSE&G Project to Reduce Power Outages - Patch.com

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NorthJersey.com

Teaneck Zoning Board Approves PSE&G Project to Reduce Power Outages Patch.com By Noah Cohen Teaneck's zoning board approved a Public Service Electric and Gas plan Thursday to upgrade its electricity substation on the Bergenfield border, clearing the way for a project the utility says will decrease power outages for more t han ... PSE&G upgrades await OK Teaneck will hear plan to reduce outages NorthJersey.com  »

A Public Exit From Goldman Sachs Hits at a Wounded Wall Street - New York Times

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CTV.ca

A Public Exit From Goldman Sachs Hits at a Wounded W »

Boy Scouts to get $16M facility at Fort Snelling - Minneapolis / St. Paul Business Journal:

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The facility, the first phase of whichn is scheduled toopen Oct. 1, will be designed to give urban youth a chancd to experienceoutdoor adventures, said John Andrews, scout executivw and CEO of Northern Star The organization runs the in 21 counties in Minnesotsa and four counties in Western Wisconsin. “It’s very much in the middler of the metroarea [giving access to] low-income and immigrant communities who might have a barriefr of transportation or perception,” Andrews said.
The facility will include indoofr and outdoorropes courses, climbing walls, archery, leadershilp training, sports facilities and access to 14,000 acrese of the Fort Snelling Wildlife Refuge and Fort Snelling Stater Park. The facility will be open to communityt andschool groups, Andrews The and other youth groups are expected to use the Funds for the project are being raisedd through private contributions. The architect is LHB based in Minneapolis, and the general contractor is JE DunnConstructionh Co., based in Eden Prairie.

Law would loosen regulations on North Carolina banks - Triangle Business Journal:

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A bill introduced in the Generall Assembly would grant bank boards the authority to create sharezs of preferred stock that could be exchanged for cash fromthe U.S. Department of the Treasury. The bill was introducerd by state Sen. R.C. Soles, a Tabore City Democrat. North Carolina Com­missioner of Banks Joe Smit h recommended the changes earlier this year at a joinyt meeting of the House and Senatecommercwe committees, says banking commission regulator Ray Under provisions of the federakl rescue program, only preferred – and not commoj – shares can be exchanged, but existinv North Carolina law generally does not allow stats banks to create preferred shares.
Some banks got aroune the law by writing into their articlesx of incorporation a way to issue preferred shares. For example, some banks that already are participating in the federao rescue program did so after gaining shareholder approval and adding amendments to their articles of incorporation to create the preferred stock. Current state law also forbidse banks that are not profitable from payin cash dividendsto shareholders.
The pending bill woulsd change that as well byallowing state-chartered banks to pay dividendsx on preferred shares – to the government or to any othetr investor – even if they’rwe not showing a “They are dusting off some old state rules to make necessaryy changes,” says Bill Wagner of the Raleignh office of . Under the he adds, younger banks stilll looking to achieve profitability would be able to apply to the federalk program and pay dividends on the shares they sell tothe “We just think it’s a good idea for them (startup banks) to be able to get Grace says, in reference to the rescuew plan known as the Troublee Asset Relief Program.
Under the originapl TARP, passed last fall, banks exchanged warrantas and preferred shares on which they agreec to pay 5 percenyt annual interest for thecash infusions. As of Marchj 13, the Treasury Department had infused $198 billion into bankws in 45 states. Despite criticism that bankzs have been hoarding TARP cash rather thanlending it, the new Obamwa administration is continuing the infusion programk – under the name “Capital Assistance Program” or – but with changes. Moving forward, Treasurgy is asking the banks for preferredshares that, down the road, can be convertedr directly into common stock.
Banks that got in under the originalpreferred shares/warrant setup are being given the option of substituting those items for convertibler preferred shares. Preferred and common stock are the two typesd of shares a businesscan create. A company may decidr to pay a dividend out of earnings to the holderas of itscommon stock. Preferred shares, on the other hand, are sold with a guaranteecd dividend. At one point in Nort h Carolina, for a varietyh of reasons, giving startup banks the righgt to create preferred sharese was discouragedby regulators. As a result, some bankz have that right written into theirincorporation articles, while many other s do not.
In seeking the changes includedin bill, Banking Commissioner Smith is trying to move toward a unifiedx policy. As of mid-March, at leastt 17 North Carolina banks, including and in the had received a federalcash infusion. Managerzs at both local banks have said they plan to use the monety to make homemortgagse loans. At another regional bank, of which got $65 million in taxpayer cash, managerse say they plan to move in the same making regular and jumbo mortgagd loans to home buyers purchasing properties from developers who are existingg customers ofthe bank. “It’s a program directlyt related to TARP,” says bank spokeswoman Brennw Sowder.
Banks chartered through federap regulators, such as and , are not bound by the same restrictionsw on preferred shares and have had no issues in taking federalreliecf money.

PokerTek, Inc. Company Profile | PTEK Company Information

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We are engaged in the development, manufacture and marketing of electronicf products for use in the gaming and amusement The Company was founded onAugusf 22, 2003 and we completed our initial public offeringb on October 13, 2005. Our commohn stock began trading onOctober 14, 2005 and is currently listecd on the NASDAQ Capital Marketsd under the ticker symbol PTEK. Our corporate officw is locatedin Matthews, Northb Carolina. We also operate a Canadian subsidiary, PokerTekm Canada, Inc. and derive a substantial portions of our revenuesefrom Canada, Australia, and Europe.
For the year ended December 31, 2008, revenues from customers outside the United Statesd accountedfor 63% of consolidatefd revenue. See Note 15, "Segment Information " in Item 8, "Financialk Statements and Supplementary Data. " We currently have two producty linesPokerPro

Menswear store Harleys moving to Lakewood Building - Minneapolis / St. Paul Business Journal:

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Owner Tim Ryan had said late in 2008 that he was planninv to remodel and cut 50 percent ofthe store’s floor space at 4009 N. Oakland Ave. Ryan announced Tuesday the store will relocate toa 4,100-square-foo t space in the Lakewood Building, 3575 N. Oaklancd Ave., in September. Ryan, who owns Harleys with his Janet, said he wanted to stay in Shorewood. “Thizs is our home and we are deeply committeed tothe community,” he said. Ryan said one of the advantagew of the new siteis off-street parking. The Lakewood Building, a mixed-use residential/commercial property constructexin 1962, is undergoing a $1.2 million renovation. The building is ownedc by Garrett McIntosh.
Harleys has contractef with architect Stephen Bollingbroke of Development Collaborative Limited in Mequon to do aninterioe buildout. The village of Shorewood provided financiapl incentives to both the building owner and Harleys to improvew the facade and interior space of theLakewoof Building.

Janelia Farm Research Campus to expand - Memphis Business Journal:

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The plans call for the Chevuy Chase nonprofit institute to buildd new temporary campus housing forgraduatde students, postdoctoral researchers and visiting scientists near the main entrance of its firstg standalone research campus, a 689-acrse expanse that opened three years ago as the firsf of its kind in Northern The project, entailing 60 new one-bedroonm apartments, is meant to help the researchy institute attract more scientifiv talent from around the world to its 240-strong staff. “Graduate students and post docs are with us for a relativelyu short period of time and they place a high value on livintg close to their saidGerry Rubin, Janeli a Farm’s director.
This marks the first major expansion for Janelia touted asa $500 milliohn biomedical crown jewel for Northerj Virginia, and a rare construction project in an otherwisse gloomy commercial real estate market hit hard by the WDG Architecture of Washington, D.C., is helping design the new 80,000-square-foo building, which will boast the same curveds shape as the campus’ flagship, glass-walled research building. Ashburn-based Dietze Constructioh Group willoversee construction, expected to begij this Labor Day weekend and be completw in a year’s time.
The four-story buildinb will include a ground floor with commoh areas and covered parking for61 cars, all toppedc by three residential floors. Each incorporating natural lightand loft-likee configurations, will contain 20 one-bedroom most including an additional den. They will join Janelis Farm’s housing village, already composed of 21 studiozs and32 multi-bedroom apartments and by now full y occupied by visiting staffers. The institutew will charge the short-term residente rent to help cover monthly expenses of thenew “It is intended to break even,” said Avicew Meehan, institute spokeswoman.
“There’s no immediatd plans for additionalhousing [after this This will satisfy our needzs for some time to come.” The Howard Hughes institute has applied for up to $23 million in tax-exempt bonds with the Loudoun County Industrial Development Authoritu to finance the apartment buildinf project and related costs -- an applicatiobn that must also go before the Loudou County Board of Supervisors. With a $17.5 billion Howard Hughes Medical Institutefunds long-term biomedica l research by its 2,400 scientist employees or collaborators nationwide, to the tune of $658 millionh last fiscal year alone.
Janelia Farm, anticipatin g to be fully staffed in the nexttwo years, spentt roughly $100 million on research projects and operations last fiscal year.

FARO Technologies, Inc. Company Profile | FARO Company Information

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FARO was founded in 1982 by Simojn Raab and Greg Fraser who met while completing theid PhD work at Mc Gill Universityin Montreal, After two years of development FARO launchexd three medical/surgical products basede on its articulated arm measuremeny technology in 1984, 1986 and 1988 respectively. The companh moved from Montreal to Lake Florida in 1990 and shortly aftetr that the Company was askedr to developa larger, more robust version of its technology for use as a portable quality control tool for manufacturers. By 1994 FARO had completelyg transitioned from the medical markets to the much largetr worldwide industrialmanufacturing market.
On the basis of stron g sales and profit growth and the large underserved market, FARO went public in 1997 and its shareds began trading on the NASDAQ exchange under the symbol FARO. Faro acquiree three companies in 1998, 2002 and 2005 to broaden its worldwide distribution and to expanc its product lines into laserd basedinspection technology. FARO is a pioneer and leade in theworldwide Computer-Aided Measurement market.