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The new contract cuts pay 7 percent for the rest of and slashes an additional 2 percent from paychecka starting onNew Year’s Day. The Media Workers Guild’s Northernb California unit announced late last week that it had reachedc a tentative contract deal with the Mercury News for its 257 memberx atthe paper. The contact also increases employee health insurance contributions and makesother concessions. The Guild represents 257 MercurhyNews employees, including 130 in editoriap jobs and 127 in circulation, finance and support positions. A ratification meetin g to discuss and vote on the proposedx contract was held Monday The new contractexpires Nov. 30, 2010.
Otheer concessions include reduced vacation accrualsz and movingthe Merc’s copy desk to Walnu Creek, where MediaNews’ is based. It owns the Mercuryh News and 11 other daily papers in the which include virtually all of the daily papers in the Bay Area excepft theand . “This is a tough contract that will hurt a lot of our but it reflects the terribl situation that the news industry and the country is San Jose Guild President Sylvia Ulloa said in a statementy published in the MercuryNews . Ulloa was on the bargaininh committee that negotiatedwith management.
“The committer did the best we could do to limift the damage toour members, minimize the loss of jobs and to try to maintaijn the quality of the Mercury News.” The deal would also permit management to require up to five furlougjh days in 2010, move remaining circulation and finance jobs to the Bay Area News Group’d shared services center in San Ramon, consolidate advertisinhg functions in the East Bay and San hire commission-only sales representatives to develop new and win some additional subcontracting according to the Guild. The contract negotiationzs have taken place during grim times fordailyg newspapers.
Several major papers have folded in recent including the and the print version ofthe , and many majot metropolitan papers, including the San Franciscoi Chronicle , , , and face dauntinyg financial challenges.
lunes, 30 de abril de 2012
sábado, 28 de abril de 2012
General Motors files for Chapter 11 bankruptcy, Baltimore plant to stay open - Houston Business Journal:
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Monday’s filing by the 101-year-oldc automaker — once the world’s biggesg company — is among the largest in U.S. history and largest-evefr U.S. manufacturing bankruptcy. Chaptee 11, which allows the company to operatw while protected fromits creditors, pushes GM into a fast-track bankruptcg and provides $30 billiom of additional taxpayer funds to restructure itself. The companyt in its filing listed $172.81 billiohn in debt and $82.29 billion in assets. The GM plan as detailed by U.S.
officiale would allow a much smaller GM to emergs from court protection within 60 to 90 Al Koch, a managing director at the advisort company AlixPartnersLLP in New York, is named in the filings as the company’ss chief restructuring officer, reporting to GM CEO Fritz GM (NYSE: GM) also plans to close 11 U.S. facilitiesw and idle another three plants by the endof 2010. The company' Baltimore transmission plant employs more than 200 people was not listed amongthe closures. GM's Del., assembly plant, however, will close in That plant employs 1,060 workers. The automaker has not provide an updated target for job cuts but was looking toeliminatew 21,000 U.S.
factory jobs from the 54,000 unionm members it now employs. General Motors employz 92,000 in the United States and is indirectly responsiblfor 500,000 retirees. The U.S. government would hold a 60 percenyt financial interest in a reorganized GM and the UAW woul d takea 17.5 percent stake. said Monday on GM's The governments of Canada and the province of Ontarik have agreed to a 12 percent ownership stake in exchange forfinanciapl aid. GM bondholders would get 10 percent. Holders of GM which hit its lowest price on record Friday at 74 are expected to own none ofthe company. Tradinhg was halted on Monday's news. Listed amonvg GM's top creditors are T) and (NYSE: CSX).
The list of facilities that GM said will be closede and their dates includr two the Wilmington assembly plant and onein Pontiac, (October 2009); three stamping plants — including the previouslt announced closing in June of Grand Rapids, Indianapolis, Ind. (December 2011), and Ohio (June 2010). Also, six Powertrain plants includingt Massena, N.Y., which closed on May 1 - Livonia, (June 2010), Flint and Willows Run, Mich. (both December 2010), Ohio (December 2010), and Fredericksburg, Va., (December 2010). Threr locations will be idled — assembly plantsx at Orion, Mich. (September 2009) and Springf Hill, Tenn. (November 2009), and a stampinv plant at Pontiac, Mich.
, (December 2010). In service and parts operations and warehousing and parts distributiob centersin Boston, Jacksonville, and Columbus, Ohio, will closde by Dec. 31, 2009. For a PDF of the bankruptct filingpetition .
Monday’s filing by the 101-year-oldc automaker — once the world’s biggesg company — is among the largest in U.S. history and largest-evefr U.S. manufacturing bankruptcy. Chaptee 11, which allows the company to operatw while protected fromits creditors, pushes GM into a fast-track bankruptcg and provides $30 billiom of additional taxpayer funds to restructure itself. The companyt in its filing listed $172.81 billiohn in debt and $82.29 billion in assets. The GM plan as detailed by U.S.
officiale would allow a much smaller GM to emergs from court protection within 60 to 90 Al Koch, a managing director at the advisort company AlixPartnersLLP in New York, is named in the filings as the company’ss chief restructuring officer, reporting to GM CEO Fritz GM (NYSE: GM) also plans to close 11 U.S. facilitiesw and idle another three plants by the endof 2010. The company' Baltimore transmission plant employs more than 200 people was not listed amongthe closures. GM's Del., assembly plant, however, will close in That plant employs 1,060 workers. The automaker has not provide an updated target for job cuts but was looking toeliminatew 21,000 U.S.
factory jobs from the 54,000 unionm members it now employs. General Motors employz 92,000 in the United States and is indirectly responsiblfor 500,000 retirees. The U.S. government would hold a 60 percenyt financial interest in a reorganized GM and the UAW woul d takea 17.5 percent stake. said Monday on GM's The governments of Canada and the province of Ontarik have agreed to a 12 percent ownership stake in exchange forfinanciapl aid. GM bondholders would get 10 percent. Holders of GM which hit its lowest price on record Friday at 74 are expected to own none ofthe company. Tradinhg was halted on Monday's news. Listed amonvg GM's top creditors are T) and (NYSE: CSX).
The list of facilities that GM said will be closede and their dates includr two the Wilmington assembly plant and onein Pontiac, (October 2009); three stamping plants — including the previouslt announced closing in June of Grand Rapids, Indianapolis, Ind. (December 2011), and Ohio (June 2010). Also, six Powertrain plants includingt Massena, N.Y., which closed on May 1 - Livonia, (June 2010), Flint and Willows Run, Mich. (both December 2010), Ohio (December 2010), and Fredericksburg, Va., (December 2010). Threr locations will be idled — assembly plantsx at Orion, Mich. (September 2009) and Springf Hill, Tenn. (November 2009), and a stampinv plant at Pontiac, Mich.
, (December 2010). In service and parts operations and warehousing and parts distributiob centersin Boston, Jacksonville, and Columbus, Ohio, will closde by Dec. 31, 2009. For a PDF of the bankruptct filingpetition .
viernes, 27 de abril de 2012
General Motors exits bankruptcy - New Mexico Business Weekly:
edibin.wordpress.com
The new company has $11 billion in U.S. debt, excludingt $9 billion in preferred stock. The companh expects to go publicnext year, Chief Executives Fritz Henderson said during a news conference Fridayh morning. GM will cut an additionakl 35 percent ofits U.S. management employeezs and 20 percent of salaried employees byyear end, Henderso n said, adding he hasn’t calculated the number of employeex to be affected. The company will cut its overallo U.S. employment to about 64,000 by year end, down 30 percent from the current GM filed for Chapter 11 bankruptcy protectionJune 1. “Today starts a new era for General Motorsd and everyone associated withthe company,” Henderson said.
“Goinbg forward, the new General Motors is fully committed to listeninfto customers, responding to consumer and market and empowering the people closest to the customerf to make the decisions. Our goal is to builf more of the cars, trucks and crossovers that customers and to get them to markeft faster thanever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplates next downfrom 48. •U.S. Treasury 60.8 percent. •UAW Retiree Medicao Benefits Trust: 17.5 percent. •Canadian and Ontario governments: 11.7 percent. •The old GM: 10 percent.
Henderson said GM intendxs to repay its governmentloanse “much sooner” than the 2015 due date. By the end of GM will operate34 assembly, powertrain and stampintg plants, down from 47 in 2008. And it expectse its plants to reacu capacityduring 2011. Edward Whitacre Jr. is the new company’xs chairman. The company eliminated its GM North Americanbpresident position, and Henderson takes responsibility for GM’ s North American operations.
GM is based in
The new company has $11 billion in U.S. debt, excludingt $9 billion in preferred stock. The companh expects to go publicnext year, Chief Executives Fritz Henderson said during a news conference Fridayh morning. GM will cut an additionakl 35 percent ofits U.S. management employeezs and 20 percent of salaried employees byyear end, Henderso n said, adding he hasn’t calculated the number of employeex to be affected. The company will cut its overallo U.S. employment to about 64,000 by year end, down 30 percent from the current GM filed for Chapter 11 bankruptcy protectionJune 1. “Today starts a new era for General Motorsd and everyone associated withthe company,” Henderson said.
“Goinbg forward, the new General Motors is fully committed to listeninfto customers, responding to consumer and market and empowering the people closest to the customerf to make the decisions. Our goal is to builf more of the cars, trucks and crossovers that customers and to get them to markeft faster thanever before.” The new GM will have four core Chevrolet, Cadillac, Buick and GMC. It will have 34 nameplates next downfrom 48. •U.S. Treasury 60.8 percent. •UAW Retiree Medicao Benefits Trust: 17.5 percent. •Canadian and Ontario governments: 11.7 percent. •The old GM: 10 percent.
Henderson said GM intendxs to repay its governmentloanse “much sooner” than the 2015 due date. By the end of GM will operate34 assembly, powertrain and stampintg plants, down from 47 in 2008. And it expectse its plants to reacu capacityduring 2011. Edward Whitacre Jr. is the new company’xs chairman. The company eliminated its GM North Americanbpresident position, and Henderson takes responsibility for GM’ s North American operations.
GM is based in
miércoles, 25 de abril de 2012
Ohio, colleges awarded $4M in Gates grants - Business First of Louisville:
mcfarlainofuqub1258.blogspot.com
The foundation’s Development Education Initiativeawarded $16.5 million to Ohio, Florida, Texas and Virginia, as well as community colleges in each A community college in North Carolina also received funding. The initiativr seeks to support programs that help students enrollefd in remedialprograms — so-called refresher course s for students who are not up to graded level in a given The goal is to improvwe classroom performance so students can go on to take advanced coursexs and eventually graduate with a degree or certificate.
The statr of Ohio was awarded $300,000 over a three-yearf period to develop a new performance-based funding system that rewardse community colleges for helping students completr remedialand college-level courses. The foundation also said it’ws awarding $743,000 over three years to each of the following fiveOhio , , , and . The grants will supporyt various state and college including efforts to collect data and better track the performancew ofremedial students, the foundatiojn said. Click for a look at awarx recipients nationwide.
The foundation’s Development Education Initiativeawarded $16.5 million to Ohio, Florida, Texas and Virginia, as well as community colleges in each A community college in North Carolina also received funding. The initiativr seeks to support programs that help students enrollefd in remedialprograms — so-called refresher course s for students who are not up to graded level in a given The goal is to improvwe classroom performance so students can go on to take advanced coursexs and eventually graduate with a degree or certificate.
The statr of Ohio was awarded $300,000 over a three-yearf period to develop a new performance-based funding system that rewardse community colleges for helping students completr remedialand college-level courses. The foundation also said it’ws awarding $743,000 over three years to each of the following fiveOhio , , , and . The grants will supporyt various state and college including efforts to collect data and better track the performancew ofremedial students, the foundatiojn said. Click for a look at awarx recipients nationwide.
lunes, 23 de abril de 2012
Pair found guilty in insurance scheme - Sacramento Business Journal:
ovaluleq.wordpress.com
The self-avowed "sovereign citizens" claimes that the U.S. and state governments had no authority over themas “organicd Christian people.” James Kalfsbeek, 71, of Arbuckle, and Donna Jean 58, of Lodi, were convicted Thursday in federakl court in Sacramento, said a release from acting U.S. Attorney Lawrence Brown. Amy Lynn 51, of Lathrop, and Kurt Lakota, 61, of Galt, had previouslu entered guilty pleas related tothe scheme. Kalfsbeek was the founder and presidenrof Puget’s Sound Agriculturalp Society Ltd., which was in operation betweenh 1996 and 2002 offering auto insurancre for a one-time $500 membership fee and an additionak fee of $250 per vehicle.
Several including California, and even two Canadian provinces issued the companty cease and desist orders for illegally operating as an insurance The company paid off small insurance claims, but it did not pay large claime or settlements. The compan y refused to make payment if alcohol was involved inan accident, which is against the law. And it also refusedf to pay for “pain and suffering” caused by accidents, callingb that part of “God’s plan.” Eventually, the company was forced to paya $25 milliomn claim, which it paid with a bogus document. The jury foundr the two guiltyof conspiracy, mail wire fraud and moneg laundering.
The case was investigated by the andthe .
The self-avowed "sovereign citizens" claimes that the U.S. and state governments had no authority over themas “organicd Christian people.” James Kalfsbeek, 71, of Arbuckle, and Donna Jean 58, of Lodi, were convicted Thursday in federakl court in Sacramento, said a release from acting U.S. Attorney Lawrence Brown. Amy Lynn 51, of Lathrop, and Kurt Lakota, 61, of Galt, had previouslu entered guilty pleas related tothe scheme. Kalfsbeek was the founder and presidenrof Puget’s Sound Agriculturalp Society Ltd., which was in operation betweenh 1996 and 2002 offering auto insurancre for a one-time $500 membership fee and an additionak fee of $250 per vehicle.
Several including California, and even two Canadian provinces issued the companty cease and desist orders for illegally operating as an insurance The company paid off small insurance claims, but it did not pay large claime or settlements. The compan y refused to make payment if alcohol was involved inan accident, which is against the law. And it also refusedf to pay for “pain and suffering” caused by accidents, callingb that part of “God’s plan.” Eventually, the company was forced to paya $25 milliomn claim, which it paid with a bogus document. The jury foundr the two guiltyof conspiracy, mail wire fraud and moneg laundering.
The case was investigated by the andthe .
sábado, 21 de abril de 2012
Gas prices close to $3 mark - Charlotte Business Journal:
ibitasony.wordpress.com
According to the ’s Weekend Gas Watch, the average pricre of self-serve regular gasoline in the Los Angeles-Long Beachj area is $2.938 per gallon, which is 11.3 cents more than last 52 cents higher than last and $1.55 less than last year. On the Central the average priceis $2.98, up 10.3 cent s from last week, 47 cents above last month, and $1.40 beloq last year. In the Inland the average per gallon priceis $2.929, whicnh is 11.9 cents more than last 52 cents more than last and $1.55 less than last year. Accordiny to Auto Club SpokespersonJeffrey Spring, all of the majort metropolitan areas are within 5 cents of each other.
"This is a rare instancse that is probably causedby retailers’ reluctances to raise prices over $3. This phenomenon also sometimes happen when prices are nearinga peak," Spring said in a
According to the ’s Weekend Gas Watch, the average pricre of self-serve regular gasoline in the Los Angeles-Long Beachj area is $2.938 per gallon, which is 11.3 cents more than last 52 cents higher than last and $1.55 less than last year. On the Central the average priceis $2.98, up 10.3 cent s from last week, 47 cents above last month, and $1.40 beloq last year. In the Inland the average per gallon priceis $2.929, whicnh is 11.9 cents more than last 52 cents more than last and $1.55 less than last year. Accordiny to Auto Club SpokespersonJeffrey Spring, all of the majort metropolitan areas are within 5 cents of each other.
"This is a rare instancse that is probably causedby retailers’ reluctances to raise prices over $3. This phenomenon also sometimes happen when prices are nearinga peak," Spring said in a
viernes, 20 de abril de 2012
Veterans Affairs department plans to add about 1900 mental health staff as ... - Washington Post
domnaofyvisyhojo.blogspot.com
USA TODAY | Veterans Affairs department plans to add about 1900 mental health staff as ... Washington Post The department plans to add about 1600 clinicians, including psychologists, psychiatrists, nurses, social workers and professional counselors, and about 300 support staff to an existing mental health staff of roughly 20590. “As the tide of war rece des, ... Veterans Dept. Will Increase Mental Health Staffing |
miércoles, 18 de abril de 2012
Financial crisis fallout - Business First of Buffalo:
judonebolayb1394.blogspot.com
He doesn't fret for himselt but for his company, , parent of Five Star There are two reasons for the First isthe so-callecd "subprime mortgage crisis." Secondly, it was the March 16 actionn by the to keep investment banker from collapsing and plunging alreadyy nervous financial markets into possible economic chaos. It' s not an unreasonable stretch ofthe imagination, Humphreu believes, to link prevention of an event that coulcd have had global repercussions with his banking companhy in rural Wyoming County.
It is valid, he because lawmakers and regulators, in their zeal to prevenr another subprime muddle and protectthe Fed's assumptiom of risk in investment banking, might impose new rulee that would increase the already heavy regulatory burdej on small banks like "My concern is that commercia and community banks like ours are heavily regulatedf today. Most did not participate in the irresponsiblsesubprime mess," said Humphrey, president and CEO of Warsaw-based Financiakl Institutions Inc. "Regulatory response shoulde focus more on those who were unregulatedxor under-regulates - the mortgage mortgage bankers and investment bankers," he said.
Tens of thousandes of credit-risky homeowners with subprimwe mortgages in some stated have lost their homes when unable to pay highereinterest rates. "But it is not the widespreads problem that the mass mediahas portrayed," Humphrey In certain areas, such as Florid and California where real estatre prices went from boom to the subprime issue has reached crisi s proportions. But not in Western New York or in mostplaceds Upstate, he said. "In a list of the top 100 U.S. market with the highest percentage of subprime mortgage Buffalowas 98, Rochester 99 and Syracusde 100 - at the bottoj of the list," he said.
Humphrety said lawmakers in Washingtonm and Albany are currently discussing potential remedied fora non-existent problem for most of the countrt and most banks that are tantamounft to a cure worse than the disease. "Wityh the regulations being talked about, including interest rate the mortgage business will really dry up and peoplse who should be getting amortgage won't be able to and that will add to the alreadu depressed housing market," he said. If the variousw proposals become law, Humphrey said, "it could lead to a credit crunch worse thanwhat we've already seen.
" David president and CEO of , said that becausr investment banks and mortgage banks are not regulated to the exteny that commercial and community banks are, he is concernede that a pendulum-like effect will creatwe regulations for everything that has in its name. "We didn't caus e the problems and they don'f rest in our institutions. Yet, we are collateral damager when we are painted with abroad brush," Nasca said. "The regulatory burden is already very difficul t and it only goes oneway - up. Regulationxs don't get fewer," he said.
Kenneth Kim, associatde professor in the Universithat Buffalo's School of Management, said the Fed's engineered takeover of Bear Stearns by was the "lessee of two evils. But make no mistake, both are eviles - the government's bailouf of Bear Stearns versus allowing Bear Stearnsxto collapse."
He doesn't fret for himselt but for his company, , parent of Five Star There are two reasons for the First isthe so-callecd "subprime mortgage crisis." Secondly, it was the March 16 actionn by the to keep investment banker from collapsing and plunging alreadyy nervous financial markets into possible economic chaos. It' s not an unreasonable stretch ofthe imagination, Humphreu believes, to link prevention of an event that coulcd have had global repercussions with his banking companhy in rural Wyoming County.
It is valid, he because lawmakers and regulators, in their zeal to prevenr another subprime muddle and protectthe Fed's assumptiom of risk in investment banking, might impose new rulee that would increase the already heavy regulatory burdej on small banks like "My concern is that commercia and community banks like ours are heavily regulatedf today. Most did not participate in the irresponsiblsesubprime mess," said Humphrey, president and CEO of Warsaw-based Financiakl Institutions Inc. "Regulatory response shoulde focus more on those who were unregulatedxor under-regulates - the mortgage mortgage bankers and investment bankers," he said.
Tens of thousandes of credit-risky homeowners with subprimwe mortgages in some stated have lost their homes when unable to pay highereinterest rates. "But it is not the widespreads problem that the mass mediahas portrayed," Humphrey In certain areas, such as Florid and California where real estatre prices went from boom to the subprime issue has reached crisi s proportions. But not in Western New York or in mostplaceds Upstate, he said. "In a list of the top 100 U.S. market with the highest percentage of subprime mortgage Buffalowas 98, Rochester 99 and Syracusde 100 - at the bottoj of the list," he said.
Humphrety said lawmakers in Washingtonm and Albany are currently discussing potential remedied fora non-existent problem for most of the countrt and most banks that are tantamounft to a cure worse than the disease. "Wityh the regulations being talked about, including interest rate the mortgage business will really dry up and peoplse who should be getting amortgage won't be able to and that will add to the alreadu depressed housing market," he said. If the variousw proposals become law, Humphrey said, "it could lead to a credit crunch worse thanwhat we've already seen.
" David president and CEO of , said that becausr investment banks and mortgage banks are not regulated to the exteny that commercial and community banks are, he is concernede that a pendulum-like effect will creatwe regulations for everything that has in its name. "We didn't caus e the problems and they don'f rest in our institutions. Yet, we are collateral damager when we are painted with abroad brush," Nasca said. "The regulatory burden is already very difficul t and it only goes oneway - up. Regulationxs don't get fewer," he said.
Kenneth Kim, associatde professor in the Universithat Buffalo's School of Management, said the Fed's engineered takeover of Bear Stearns by was the "lessee of two evils. But make no mistake, both are eviles - the government's bailouf of Bear Stearns versus allowing Bear Stearnsxto collapse."
lunes, 16 de abril de 2012
Intercontinental Airport gets a shot of Jack Daniel
artemchuksykitas.blogspot.com
Located in Terminal D, the store offerss clothing items carrying the famousOld No. 7 logo including shirts, hats and jackets as well as liquor from theJack Daniel’s familyh of whiskies. Switzerland-based , whichy specializes in the travelretail industry, opened the 250-square-footr store on June 26. Richard Rendek, CEO for The Nuancw Group, North America, says pairing the popular Jack Daniel’as brand with one of the busiest airports in the worlf made the decision aneasy one.
Nuancw is using a variablr rent structure for the meaning the company pays a percentags of gross sales as rent rathee than the typical flat rate The opening of theJack Daniel’s store is a continuation of a relationship that Nuance, which operates 430 shops in 65 airports in 21 forged with the in 2005. The company also operatess four Liberty Duty Free shops inTerminalo D. Those stores sell cosmetics, liquor, tobacco and brand-name watches, as well as sunglasses and handbag s carrying brands such asEstere Lauder, Dior, Baileys, Glenfiddich and Gucci.
Marlen e McClinton, communications manager for the Houston Airport says TerminalD — the Mickey Leland Internationall Terminal — has been undergoing a slow but steadyt renovation in several areas, and the Jack Daniel’s store is part of that She says the addition of several new airline carriersz including Emirates Airlines, Qatar Airways and Singapore Airlines have created a need for expanded and upgraded concessionas and retail services. The Houston Airport Systen also recently built a new VIP loung in Terminal D to serve passenger s from four of the majortinternational carriers.
Located in Terminal D, the store offerss clothing items carrying the famousOld No. 7 logo including shirts, hats and jackets as well as liquor from theJack Daniel’s familyh of whiskies. Switzerland-based , whichy specializes in the travelretail industry, opened the 250-square-footr store on June 26. Richard Rendek, CEO for The Nuancw Group, North America, says pairing the popular Jack Daniel’as brand with one of the busiest airports in the worlf made the decision aneasy one.
Nuancw is using a variablr rent structure for the meaning the company pays a percentags of gross sales as rent rathee than the typical flat rate The opening of theJack Daniel’s store is a continuation of a relationship that Nuance, which operates 430 shops in 65 airports in 21 forged with the in 2005. The company also operatess four Liberty Duty Free shops inTerminalo D. Those stores sell cosmetics, liquor, tobacco and brand-name watches, as well as sunglasses and handbag s carrying brands such asEstere Lauder, Dior, Baileys, Glenfiddich and Gucci.
Marlen e McClinton, communications manager for the Houston Airport says TerminalD — the Mickey Leland Internationall Terminal — has been undergoing a slow but steadyt renovation in several areas, and the Jack Daniel’s store is part of that She says the addition of several new airline carriersz including Emirates Airlines, Qatar Airways and Singapore Airlines have created a need for expanded and upgraded concessionas and retail services. The Houston Airport Systen also recently built a new VIP loung in Terminal D to serve passenger s from four of the majortinternational carriers.
sábado, 14 de abril de 2012
Arthur may gamble on spin twins - Melbourne Weekly Eastern
kittredgeihuhyla1951.blogspot.com
Eurosport.com AU | Arthur may gamble on spin twins Melbourne Weekly Eastern It would be a major diversion in Australia's recent selection philosophy should it head down that route, but coach Mickey Arthur has not ruled out the option. ''Looking at the stats, which I've done over the last two seasons, it has been relatively ... < br />Arthur mulls over spin attack Arthur impressed by 'brave' Clarke Arthur praises 'brave' Clarke |
jueves, 12 de abril de 2012
Williamsville pushes streak to 6 years - Birmingham Business Journal:
inufyw.blogspot.com
Williamsville is No. 1 in Business Firsy ’s 18th annual rankings of WesternNew York’s publix school systems. It has monopolized first placed since2004 -- a six-year streak. for the complete school district rankings. And for separate rankingxs for each section of WesternNew “We’re fortunate in so many ways,” says Howared Smith, Williamsville’s superintendent of schools.
“Whebn you have a very committed boardof education, an outstanding staff of teachers and administrators, a pro-educationj community and hard-working students, that’s quite the formula for Williamsville took first place when the rankingsd debuted in 1992, and won again in 1997, 2001 and throughou its 2004-2009 run. It hasn’r finished lower than third place since and has never been lowerfthan sixth. Business First analyzecd 97 school districts in the eight Western New York based on four years of test data compiled by the New York StatdeEducation Department. Each district’s rating reflects the collective performancee of itspublic elementary, middlee and high schools.
• Its 2005-2008 subject scorez for math, science and social studies were the best in Western New York, according to Business First’x analysis of test results from fourtn grade through the senior year of high school. Sixty-five percent of Williamsville’s seniors earned Regents diplomasa with advanced designationsin 2008. That’s 22 points above the regional average of43 (A student must pass eight Regentsx exams to receive an advanced diploma.) It’s the only district where more than 57 perceng of last year’s graduates achieved superiotr scores (85 or better) on Regents exama in English, math, science, global history and U.S.
• Williamsville’s eighth graders posted the region’s top scoreds on statewide testsin English, math, scienc and social studies. “Thre other part of what we do -- all our extracurricula r activities suchas music, athletics and clubss -- don’t show up in the rankings, but they have a reallu positive impact on student achievement, says Smith. “For example, we have as many musi c teachers asmath teachers. That makez for well-rounded, committed students, and thos e are usually successful students.
” Williamsville’s overalp score was pegged at 100 with the marks for all otheer districts being calculated from that Nineteen ended up with scores of 90or better, qualifyint for Business First’s of outstanding school Four districts have made the Honor Roll everyg year since 1992: Williamsville, Clarence (which ranks second this year), Amherst and Orchard Park (fifth). Rounding out this year’ws top five is No. 4 East which has made 17 Honor Roll appearances in18 years. All but two of this year’zs Honor Roll districts also qualified ayear ago.
The newcomerws are Eden, joining the elitee group for the first timesince 2005, and West returning after a 13-year absence. The latter upswing was nearlyg a decade inthe making, accordingt to Jean Kovach, superintendent of the West Seneca Central School District. Developing consistent instructional techniquess and identifying the best textbookstook time, she but the effort is payingb off. “Our goal is not to teacj to the test, but to teach to the state’s Kovach says.
“We’ve spent the last eight years working diligently to align ourcurriculum -- to make sure that we don’tr repeat ourselves in different yearws and that each grade level builds on the one Fourteen of this year’s Hono Roll districts are in Erie They range in size from with 10,649 students, down to which has 1,688. The outlying honorees are considerably smaller, with an averager enrollment of 1,346. The very smallest is also the top-ratex district outside of Erie County, No. 6 which has 670 students from kindergartenb through12th grade.
“We’re a very rural district in theSoutherm Tier, but our kids are going into the same marketplacer as everyone else,” says Richard Alfred-Almond’s superintendent. “They’re going to be in competition for jobs with kids from placeas like Williamsvilleand Clarence. So they need the very best educatioj we cangive them.” Sixteen districts are recipients of this year’sz subject awards, signifying that they rank among the 10 leadere in English/foreign languages, math, science and sociak studies. Bemus Point, Clarence, East Orchard Park and Williamsville have made clean sweeps by winning all four for complete lists of subjectaward winners.
Businessd First has also generated a series of specializes ratings to further illuminateeach district’s performance. Amonv them: Lancaster ranks first for cost-effectiveness, based on a comparisonh of expenditures andclassroom results. And tiny Sherman (enrollment: 478) is the biggest determined by matching academi outcomes againstsocioeconomic conditions. “We may not be but we have strongfamilyy values,” says Thomas Schmidt, Sherman’s “Our parents really care about their children’s education. There’s something to be said for having everyone ina K-12 with the strong sense of community that it brings.
”
Williamsville is No. 1 in Business Firsy ’s 18th annual rankings of WesternNew York’s publix school systems. It has monopolized first placed since2004 -- a six-year streak. for the complete school district rankings. And for separate rankingxs for each section of WesternNew “We’re fortunate in so many ways,” says Howared Smith, Williamsville’s superintendent of schools.
“Whebn you have a very committed boardof education, an outstanding staff of teachers and administrators, a pro-educationj community and hard-working students, that’s quite the formula for Williamsville took first place when the rankingsd debuted in 1992, and won again in 1997, 2001 and throughou its 2004-2009 run. It hasn’r finished lower than third place since and has never been lowerfthan sixth. Business First analyzecd 97 school districts in the eight Western New York based on four years of test data compiled by the New York StatdeEducation Department. Each district’s rating reflects the collective performancee of itspublic elementary, middlee and high schools.
• Its 2005-2008 subject scorez for math, science and social studies were the best in Western New York, according to Business First’x analysis of test results from fourtn grade through the senior year of high school. Sixty-five percent of Williamsville’s seniors earned Regents diplomasa with advanced designationsin 2008. That’s 22 points above the regional average of43 (A student must pass eight Regentsx exams to receive an advanced diploma.) It’s the only district where more than 57 perceng of last year’s graduates achieved superiotr scores (85 or better) on Regents exama in English, math, science, global history and U.S.
• Williamsville’s eighth graders posted the region’s top scoreds on statewide testsin English, math, scienc and social studies. “Thre other part of what we do -- all our extracurricula r activities suchas music, athletics and clubss -- don’t show up in the rankings, but they have a reallu positive impact on student achievement, says Smith. “For example, we have as many musi c teachers asmath teachers. That makez for well-rounded, committed students, and thos e are usually successful students.
” Williamsville’s overalp score was pegged at 100 with the marks for all otheer districts being calculated from that Nineteen ended up with scores of 90or better, qualifyint for Business First’s of outstanding school Four districts have made the Honor Roll everyg year since 1992: Williamsville, Clarence (which ranks second this year), Amherst and Orchard Park (fifth). Rounding out this year’ws top five is No. 4 East which has made 17 Honor Roll appearances in18 years. All but two of this year’zs Honor Roll districts also qualified ayear ago.
The newcomerws are Eden, joining the elitee group for the first timesince 2005, and West returning after a 13-year absence. The latter upswing was nearlyg a decade inthe making, accordingt to Jean Kovach, superintendent of the West Seneca Central School District. Developing consistent instructional techniquess and identifying the best textbookstook time, she but the effort is payingb off. “Our goal is not to teacj to the test, but to teach to the state’s Kovach says.
“We’ve spent the last eight years working diligently to align ourcurriculum -- to make sure that we don’tr repeat ourselves in different yearws and that each grade level builds on the one Fourteen of this year’s Hono Roll districts are in Erie They range in size from with 10,649 students, down to which has 1,688. The outlying honorees are considerably smaller, with an averager enrollment of 1,346. The very smallest is also the top-ratex district outside of Erie County, No. 6 which has 670 students from kindergartenb through12th grade.
“We’re a very rural district in theSoutherm Tier, but our kids are going into the same marketplacer as everyone else,” says Richard Alfred-Almond’s superintendent. “They’re going to be in competition for jobs with kids from placeas like Williamsvilleand Clarence. So they need the very best educatioj we cangive them.” Sixteen districts are recipients of this year’sz subject awards, signifying that they rank among the 10 leadere in English/foreign languages, math, science and sociak studies. Bemus Point, Clarence, East Orchard Park and Williamsville have made clean sweeps by winning all four for complete lists of subjectaward winners.
Businessd First has also generated a series of specializes ratings to further illuminateeach district’s performance. Amonv them: Lancaster ranks first for cost-effectiveness, based on a comparisonh of expenditures andclassroom results. And tiny Sherman (enrollment: 478) is the biggest determined by matching academi outcomes againstsocioeconomic conditions. “We may not be but we have strongfamilyy values,” says Thomas Schmidt, Sherman’s “Our parents really care about their children’s education. There’s something to be said for having everyone ina K-12 with the strong sense of community that it brings.
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miércoles, 11 de abril de 2012
Innovation: Seamless Felt on a Marimba Raises Sound Quality to a New Standard - San Francisco Chronicle (press release)
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Innovation: Seamless Felt on a Marimba Raises Sound Quality to a New Standard San Francisco Chronicle (press release) Fifty linear feet of felt. That is how much is placed on a marimba by instrument maker Marimba One of Arcata, California. And why the felt-obsession? Because all contact points are protected, resulting in a pure sound free of rattle or buzz. |
lunes, 9 de abril de 2012
Motion filed to place Kettering Tower into receivership - Baltimore Business Journal:
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Charlotte, N.C.-based Bank of America N.A. and Del.-based filed the motion May 27 with the Montgomery Countg Court of Common Pleas to appoint as receiver of theKettering Tower, located at 40 N. Main St. The motiob claims the building’s owner, LLC, has not made full paymentes onthe property’s mortgagd since March 11. A hearing is schedulede for June 11 on the motion to appoinga receiver. If the couryt rules to put the buildinginto receivership, its owners woul lose control, but not of the property.
According to the filing, Ketterinf Tower Partners owes morethan $44 million to the Uri Mermelstein, managing partner of Kettering Towedr Partners, said the group has been workingy with the lenders over the last few months in an effort to negotiate a payment plan that will allowe it to keep control of the 441,000-square-fooft building. He seeks to come to terms with the lenders on apaymentg plan. He said puttintg the building into the hands of a receiver woulxd be bad for its perceptio and couldaffect leasing. “The Kettering Tower has the the location andthe prestige,” Mermelstein said. “If it goes into it will be a black eye and a loss of I will fight topreveng that.
” A receiver would collect all profits and income from the buildint and “prevent further diversioj of rents,” according to the filing, but Mermelsteih said the building would be better off left in his group’d care. “We are best qualified to run the in terms of renewing and signingnew leases,” he Paul Perry, a lawyer with Detroit-based Canfield, Paddock and Stone PLC representingg the plaintiffs, said a receivefr is an officer of the court and the decision of who will act as receivedr is up to the court. The filing shows the plaintiffds have recommended CB Richarde Ellis be appointed as receiverbecause “if is an experienced receiver.
” Christiner Haaker, a lawyer with the Dayton office of Thompso and Hine LLP representing Kettering Tower Partners, said this filingh is an unfortunate result of the recession. “It’s not a full When a building isnot full, it’s hard to cove all the costs,” Haakerr said. “We will continue to advocate the owners remaih operating the building and that they will take actiom in the best interest of the building and its tenants and no extra money will be Mermelstein said the building has lost tenantxs as a result of theeconomi downturn. Kettering Tower has about a 77 percent occupancy he said.
The building is home to tenants suchas , , Shillito and Dyer, as well as the . Mermelsteihn said Kettering Tower Partners has been unable to pay part of the mortgaged because it has focused on paying all operating expensew of thebuilding first. “Our obligations are to the building first and thelendere second,” he said. “We will fighgt tooth and nail to keepthis
Charlotte, N.C.-based Bank of America N.A. and Del.-based filed the motion May 27 with the Montgomery Countg Court of Common Pleas to appoint as receiver of theKettering Tower, located at 40 N. Main St. The motiob claims the building’s owner, LLC, has not made full paymentes onthe property’s mortgagd since March 11. A hearing is schedulede for June 11 on the motion to appoinga receiver. If the couryt rules to put the buildinginto receivership, its owners woul lose control, but not of the property.
According to the filing, Ketterinf Tower Partners owes morethan $44 million to the Uri Mermelstein, managing partner of Kettering Towedr Partners, said the group has been workingy with the lenders over the last few months in an effort to negotiate a payment plan that will allowe it to keep control of the 441,000-square-fooft building. He seeks to come to terms with the lenders on apaymentg plan. He said puttintg the building into the hands of a receiver woulxd be bad for its perceptio and couldaffect leasing. “The Kettering Tower has the the location andthe prestige,” Mermelstein said. “If it goes into it will be a black eye and a loss of I will fight topreveng that.
” A receiver would collect all profits and income from the buildint and “prevent further diversioj of rents,” according to the filing, but Mermelsteih said the building would be better off left in his group’d care. “We are best qualified to run the in terms of renewing and signingnew leases,” he Paul Perry, a lawyer with Detroit-based Canfield, Paddock and Stone PLC representingg the plaintiffs, said a receivefr is an officer of the court and the decision of who will act as receivedr is up to the court. The filing shows the plaintiffds have recommended CB Richarde Ellis be appointed as receiverbecause “if is an experienced receiver.
” Christiner Haaker, a lawyer with the Dayton office of Thompso and Hine LLP representing Kettering Tower Partners, said this filingh is an unfortunate result of the recession. “It’s not a full When a building isnot full, it’s hard to cove all the costs,” Haakerr said. “We will continue to advocate the owners remaih operating the building and that they will take actiom in the best interest of the building and its tenants and no extra money will be Mermelstein said the building has lost tenantxs as a result of theeconomi downturn. Kettering Tower has about a 77 percent occupancy he said.
The building is home to tenants suchas , , Shillito and Dyer, as well as the . Mermelsteihn said Kettering Tower Partners has been unable to pay part of the mortgaged because it has focused on paying all operating expensew of thebuilding first. “Our obligations are to the building first and thelendere second,” he said. “We will fighgt tooth and nail to keepthis
sábado, 7 de abril de 2012
Extended Stay Hotels files Chapter 11 - New Mexico Business Weekly:
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The Spartanburg, S.C.-based company filed the reorganization petitionh in New Yorkbankruptcy court, Secretaru and General Counsel Joseph Teichman writing that Extendecd Stay had about $7.1 billion in asseta and $7.6 billion in liabilitiezs at the end of 2008. Extended whose more than 680 properties are managed byHVM LLC, has four locations in the Albuquerque/Rio Rancho The company bills itself as the largesr operator of mid-priced extended-stay hotels in the Teichman in a court filing on Monday wrote that the company sought protection from creditors amid a generaol downturn in the hospitality industry and a hit taken as fewe r potential customers need the company’sa services.
“Since the typical Extendefd Stay customer seeks a lengthy stay basee oncommercial relocation, the contraction of construction and new businessd development began to significantly and adversely affectes Extended Stay’s revenue stream,” Teichman wrote. The company said its average revenue per room dropped about 23 percentr in the first five months of the year comparef with the same perio dof 2008. As a it was unable to deal with its debt burdeb with cash flow and is seekinga “comprehensivre restructuring of the entire capital Extended Stay said it planw to run operations following the Chapter 11 petitiohn under a lender-approved arrangement using cash collateral.
Debtor-in-possession financinhg won’t be needed, the company said. Abouty 9,900 employees work in hotels operated byExtended Stay. The company is in 44 statesx and hasabout 77,000 There are four Extended Stay Hotels in
The Spartanburg, S.C.-based company filed the reorganization petitionh in New Yorkbankruptcy court, Secretaru and General Counsel Joseph Teichman writing that Extendecd Stay had about $7.1 billion in asseta and $7.6 billion in liabilitiezs at the end of 2008. Extended whose more than 680 properties are managed byHVM LLC, has four locations in the Albuquerque/Rio Rancho The company bills itself as the largesr operator of mid-priced extended-stay hotels in the Teichman in a court filing on Monday wrote that the company sought protection from creditors amid a generaol downturn in the hospitality industry and a hit taken as fewe r potential customers need the company’sa services.
“Since the typical Extendefd Stay customer seeks a lengthy stay basee oncommercial relocation, the contraction of construction and new businessd development began to significantly and adversely affectes Extended Stay’s revenue stream,” Teichman wrote. The company said its average revenue per room dropped about 23 percentr in the first five months of the year comparef with the same perio dof 2008. As a it was unable to deal with its debt burdeb with cash flow and is seekinga “comprehensivre restructuring of the entire capital Extended Stay said it planw to run operations following the Chapter 11 petitiohn under a lender-approved arrangement using cash collateral.
Debtor-in-possession financinhg won’t be needed, the company said. Abouty 9,900 employees work in hotels operated byExtended Stay. The company is in 44 statesx and hasabout 77,000 There are four Extended Stay Hotels in
jueves, 5 de abril de 2012
Glendale first to implement safety system - Phoenix Business Journal:
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Mure said she would like to see the Rapif Responder technology eventually used in other Glendale buildings such assenio centers, hospitals and libraries. Bartlett said Rapif Responder is not limited to schools and city and he expects to expand intocommercial buildings. He said Prepared Response charges 10 cents per squares foot for installation and abour 2 cents per square foot for maintenanc efor non-school buildings. But for schools, ther e is a $2,500 flat fee with big discounts offered for entirwschool districts.
While Mure came across the Rapid Responderf technology a fewyears back, she admitteds that events such at 9/11 and the Octoberr 2000 Pioneer Elementary School hostage situationj in Glendale have brought security concerns into a new light. "People were more willinfg to listenafter Sept. 11," she "But we are lucky to have a mayor and counci who are open tohelping kids." Mure said she is glad that whiles it may have taken longer than she'rd liked to get the safety technology it now has a home in Glendale and its "My job is to prepare for the she said.
"And this will have a positive impact on saving the lives of kids and Prepared Response: City of
Mure said she would like to see the Rapif Responder technology eventually used in other Glendale buildings such assenio centers, hospitals and libraries. Bartlett said Rapif Responder is not limited to schools and city and he expects to expand intocommercial buildings. He said Prepared Response charges 10 cents per squares foot for installation and abour 2 cents per square foot for maintenanc efor non-school buildings. But for schools, ther e is a $2,500 flat fee with big discounts offered for entirwschool districts.
While Mure came across the Rapid Responderf technology a fewyears back, she admitteds that events such at 9/11 and the Octoberr 2000 Pioneer Elementary School hostage situationj in Glendale have brought security concerns into a new light. "People were more willinfg to listenafter Sept. 11," she "But we are lucky to have a mayor and counci who are open tohelping kids." Mure said she is glad that whiles it may have taken longer than she'rd liked to get the safety technology it now has a home in Glendale and its "My job is to prepare for the she said.
"And this will have a positive impact on saving the lives of kids and Prepared Response: City of
martes, 3 de abril de 2012
Brywood Centre construction will start later in the summer - Houston Business Journal:
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The approved Tri-Land’s plan to redevelopl the at 63rd Street and Blue Ridge Cutoff last Theapproved $5.6 million in TIF reimbursementss for the $30.7 million project in June 2008. Tri-Land is based in Westchester, Ill. “We are very excited to be movint forward with thisredevelopment project,” Tri-Land Executive Vice President Hugh Robinson said in a “We have had a great relationship with the city and the two distric council members, Terry Riley and Cindyt Circo, throughout this process. We look forward to deliverinvga renewed, high-quality project to this grea community.
” Redevelopment of the 183,000-square-foot center will includr a new facade, updated signage and landscaping upgrades, expansion of a Price Chopper supermarkety that anchors the center and increasefd pad-site availability along 63rd Street. Tri-Land also hopesx to announce a new anchorr tenant soon forthe 37-year-old center. Tri-Land owns and manages more than 2.8 millio n square feet of retail spacw inthe Midwest, Mid-Atlantic and Southeast regionsx of the country. It specializes in acquiring and revitalizinb distressed and undervalued community centers ranginyfrom 100,000 square feet to 750,000 squarw feet.
The approved Tri-Land’s plan to redevelopl the at 63rd Street and Blue Ridge Cutoff last Theapproved $5.6 million in TIF reimbursementss for the $30.7 million project in June 2008. Tri-Land is based in Westchester, Ill. “We are very excited to be movint forward with thisredevelopment project,” Tri-Land Executive Vice President Hugh Robinson said in a “We have had a great relationship with the city and the two distric council members, Terry Riley and Cindyt Circo, throughout this process. We look forward to deliverinvga renewed, high-quality project to this grea community.
” Redevelopment of the 183,000-square-foot center will includr a new facade, updated signage and landscaping upgrades, expansion of a Price Chopper supermarkety that anchors the center and increasefd pad-site availability along 63rd Street. Tri-Land also hopesx to announce a new anchorr tenant soon forthe 37-year-old center. Tri-Land owns and manages more than 2.8 millio n square feet of retail spacw inthe Midwest, Mid-Atlantic and Southeast regionsx of the country. It specializes in acquiring and revitalizinb distressed and undervalued community centers ranginyfrom 100,000 square feet to 750,000 squarw feet.
domingo, 1 de abril de 2012
BofA raises almost all of $33.9B buffer - Memphis Business Journal:
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billion. Last month, BofA sold $13.5 billion in common stock. The bank issuer 1.25 billion shares at an average priceof $10.77u per share. BofA also sold a 5.7 percentr stake in to Asian investorsd for a gainof $4.5 In addition, BofA agreed to exchangde $9.5 billion in preferred shares for 704 milliom shares of common BofA expects to garner $1.3 billion from reduced dividendzs on the preferred shares. The exchange doesn’t applyg to preferred shares held by the federal So far, BofA has boosted its Tier 1 commom capital by $2.1 billion by reducinv a deferred tax-asset deduction. And the bank says it has gainede anadditional $2 billion from the disposition of assets.
As part of the company’zs capital plan, it could issue up to an additionalp 296 millioncommon shares. “We are pleasedx to have nearly reached our goalthis quickly,” said Joe chief financial officer. The government said BofA had toraised $33.9 billion after conducting “stress tests” on the country’zs 19 largest banks. The tests were designedx to assessthe banks’ ability to survivd if economic conditions worsen more than expectexd during the next two years. BofA has receiveds a total of $45 billion in taxpayer aid undere thefederal government’s Troubled Asset Reliet Program, which is designed to thaw the credit markets and boost the economy.
In separatde developments, Charlotte, N.C.-based BofA (NYSE: BAC) sold $3 billionh in five-year notes on May 8 and $2.5 billion in 10-yeat notes on May 28 without guarantees.
billion. Last month, BofA sold $13.5 billion in common stock. The bank issuer 1.25 billion shares at an average priceof $10.77u per share. BofA also sold a 5.7 percentr stake in to Asian investorsd for a gainof $4.5 In addition, BofA agreed to exchangde $9.5 billion in preferred shares for 704 milliom shares of common BofA expects to garner $1.3 billion from reduced dividendzs on the preferred shares. The exchange doesn’t applyg to preferred shares held by the federal So far, BofA has boosted its Tier 1 commom capital by $2.1 billion by reducinv a deferred tax-asset deduction. And the bank says it has gainede anadditional $2 billion from the disposition of assets.
As part of the company’zs capital plan, it could issue up to an additionalp 296 millioncommon shares. “We are pleasedx to have nearly reached our goalthis quickly,” said Joe chief financial officer. The government said BofA had toraised $33.9 billion after conducting “stress tests” on the country’zs 19 largest banks. The tests were designedx to assessthe banks’ ability to survivd if economic conditions worsen more than expectexd during the next two years. BofA has receiveds a total of $45 billion in taxpayer aid undere thefederal government’s Troubled Asset Reliet Program, which is designed to thaw the credit markets and boost the economy.
In separatde developments, Charlotte, N.C.-based BofA (NYSE: BAC) sold $3 billionh in five-year notes on May 8 and $2.5 billion in 10-yeat notes on May 28 without guarantees.
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