Concert Tour Revenue, Ticket Sales Fall in 2010 - ABC News

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The Guardian

Concert Tour Revenue, Ticket Sales F »

Six Flags files Chapter 11 - Los Angeles Business from bizjournals:

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New York-based Six Flags (OTC BB: SIXF) said its reorganizatiohn plan has unanimous support ofits lenders’ steerint committee and the administrative agent for the company’s $1.1 billioj senior secured credit facility. The plan woulf deleverage the company’s balance sheer by $1.8 billion, and cut more than $300 millionb in mandatorily redeemable preferredstock obligations. The compant listed assets of $3.03 billion and debte of $2.36 billion in its filing. “The curreng management team inheriteda $2.
4 billion debt load that cannog be sustained, particularly in these challenging financiak markets,” said Mark Shapiro, president and CEO of Six Flags, in a “As a result, we are cleaning up the past and positioningt the company for future growth... Following a record year of performancwin 2008, which completed the three-year turnaround of our system-wide park operation, this action to cleab up the balance sheet paves the way for a full revivapl of the company. ” Six Flags has 97.7 milliohn shares of common stockand 1.1 million shares of preferredx stock. Six Flags’ stock closed June 12 at 26 cents a Six Flagsreported . It had a loss of $134 millionj in 2008.
Six Flags operates Valencia'x Six Flags Magic Mountain.

GSI details revenue errors, probe widens - Business First of Columbus:

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The Bedford, Mass.-based company also said its lega l counsel and audit committee were reviewing revenur bookings within its precision technology division for the same periodz to determine whether similar adjustmentasare needed. GSI (Nasdaq: GSI) said the affected revenu stemmed from accounting errors and the timiny recorded for certain Expectedadjustments include: The situation has causedr the company to delay the release of its financial resultse to regulators. Last month, GSI said it was nearing a point when it couldx restate those results and submit to regulatorzs results from its fiscal first quarter endedApril 3.
the company said its filing delays have promptee a delisting notice from the and triggered negotiations with creditorsw to restructureits . GSI said in its regulatoryu filing Tuesday that on June 11 it stood befordthe Nasdaq’s Listing Qualifications Panel to request a stay of its pending The company is still awaitinyg a ruling on the matter. In June, GSI said a declinwe in bookings in the fourth and firstg quarters forced it to restructure its operations and shave millionsw in costs fromits books. The company cut 158 workeras in the first quarter and another 16 employeesin April. Thos e changes will result in roughly $9 million in annual savings.

Reports: U.S. probes Silicon Valley tech giants' hiring - Portland Business Journal:

http://typomil.com/odkazy/weby.htm
The Washington Post and New York Timez reported late on Tuesday that the antitrust probee is centered onwhether (NASDAQ:GOOG), (NASDAQ:AAPL), (NASDAQ:YHOO), and otherss agreed not to recruit each other's employees. The stories cite unnamed sources the papers said are familiar with the The investigation is reportedly in its early with the papers saying that the government has requestedx documents and information fromtargeted companies.
The inquiryu is seen as another sign that the Obamza administration will be more aggressive on antitrusyt laws than his predecessor and Silicon Valleuy tech firms are a focus of that The Justice Department is currently also investigating a proposefd settlementbetween Google, authors and publishers to resolve a copyright dispute, the Wall Streef Journal has reported citing unnamed sources. The Federal Tradw Commission has also asked questionsx about whether having Google CEO Eric Schmidt and formerGenentech Inc. CEO Art Levinson on both the Applde and Google board is a violation ofantitrusg laws.

EXACT gets Nasdaq delisting warning - Boston Business Journal:

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The Marlborough, Mass.-based company said the letter was received Marchn 6 and specified a handful of areas of noncompliance concerninvEXACT Sciences. Among them: • The company’sd market capitalization, or the market value of its commobshares outstanding, has fallen below the exchange’s $35 million minimum. At roughly 79 centxs a share Monday, EXACT Science’xs market cap is just over $21 million. • The company’xs stockholder’s equity is below the Nasdaq’s $2.5 millionm minimum.
• The company has failexd to generate $500,000 in net income from continuing operationa in the last year or in two of the last three EXACTSciences (Nasdaq: EXAS) said it has 90 or until June 4, to regai n compliance. The company booked a net loss of $7.6 milliohn in the nine months ended Sept. 30.

Gates Foundation funds manufacturing training - Puget Sound Business Journal (Seattle):

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million grant from the to creater a national skills certification system to raise up a manufacturingb work forceamong low-income individuals. Communitu colleges throughout the country will participate in teachingh the Manufacturing Skills CertificationSystem — which is endorsedd by the . These educational programs will helpprepared students, particularly low-income young adults and transitionintg workers, with entry-level skillsx needed to succeed in a career in manufacturing. “We need to get kids engagexd in learning, and we need to give them says NAM PresidentJohn Engler.
“Moving these industry-recognized skillxs certifications into community college programs willprovide meaningful, relevany education for students and ultimately produce a highly skilledf and mobile work force – making us more competitive in the globalo economy.” The Manufacturing Skills Certificationn System will help prepare individualsa for manufacturing careers in a rangw of fields including alternative energy, aerospace and pharmaceuticals. The Manufacturing Institute isa 501(c)2 affiliate of the National Association of Manufacturers. It is based in D.C. The Bill and Melinda Gates Foundatio is basedin Seattle.

Monell's files Chapter 11 bankruptcy - Business First of Columbus:

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The beloved "meat n’ three" restaurant came to an impasse with its bank negotiating a refinance of its main which is worth more thanits debt, Monell’s attorney Ernesgt Williams says. “Monell’s obligation to its principaplcreditor matured. The bankrupty is to allos Monell breathing space to obtain replacement loans or to reorganize througha bankruptcy-court confirmexd plan of reorganization,” says WIlliams, of .
He added that Monell’z is solvent, paying its debts as they come due, and operationa would not change duringthe “It should be able to continur to deliver the same quality restauranf and catering service it has come to be knowbn for,” he says. The Nashvillr institution is based in Germantown in an house on Sixth Avenue owne by president Michael JohnAbraham King, and also leasesx a restaurant space in with a catering arm on 31st Avenue.

Economist: U.S. may see double-dip recession by late 2010 - Baltimore Business Journal:

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Those odds may seem low, but they’rse actually high since double-dip recessions are rare and the U.S. economt grows 95 percent of the saidthe chamber’s Marty Regalia. He predicted that the currenrt economic downturn will end around Septembed but that the unemployment rate will remain high throughg the first half ofnext year. Investment won’r snap back as quickly as it usuallty does aftera recession, Regalia Inflation, however, looms as a potential problem becausre of the federal government’s huge budget deficitsz and the massive amount of dollars pumped into the economgy by the , he said.
If this stimuluas is not unwound once the economg beginsto recover, higher interesft rates could choke off improvement in the housiny market and business investment, he “The economy has got to be running on its own by the middles of next year,” Regalia said. Almostr every major inflationary periodin U.S. history was precededs by heavydebt levels, he noted. The chances of a double-diop recession will be lower if Ben Bernanke is reappointed chairman of theFederapl Reserve, Regalia said. If President Obamaa appoints hiseconomic adviser, Larry to chair the Fed, that woulde signal the monetary spigot woulds remain open for a longeer time, he said.
A coalescing of the Fed and the Obamwa administrationis “not something the markets want to see,” Regaliza said. Obama has declined to say whether he willreappoint Bernanke, whose term ends in Meanwhile, more than half of small business owners expect the recessiom to last at least anothetr two years, according to a survey of Intuit Payrollp customers. But 61 percent expecr their own business to grow in the next12 “Small business owners are bullish on their own abilitiezs but bearish on the factors they can’tr control,” said Cameron Schmidt, director of marketing for .
“Even in the gloomiesrt economy, there are opportunities to A separate survey of small business owners by founrd that 57 percent thought the economy was getting while 26 percent thought the economy was More than half planned to decreasd spending on business development in the nextsix months. on the U.S. Chamber of Commerce’s Web site.

Dr. Phillips defense shines in holding back Seminole in 6A state semis - Orlando Sentinel

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Bay News 9

Dr. Phillips defense shines in holding back Seminole in 6A state semis Orlando Sentinel Just ask Seminole's human wrecking b »

Former Onyx boss Renton joins Affymax board - Pacific Business News (Honolulu):

http://www.cnqixia.com/article/But-Ive-never-been---.html
Hematide is in a Phase III trial. Rento led Onyx for nearly 15 years, stepping down in February 2008as president, CEO, chairman and a membe of Onyx’s board. At the company, he helped negotiate a development and commercialization partnership with that resulted inthe anti-cancerf drug Nexavar. Nexavar tablets, which cost abouyt $5,000 a month in the Unitede States and areapproaching $1 billion in annual are approved in more than 80 countries to treat kidnety cancer and 70-plus countries for liver cancer. Prior to joining Renton was president and COO of which acquired Cetusin 1991. Rentonb had been president of Cetussince 1990, COO sinc e 1987 and CFO from 1983 to 1987.
Rentonm also serves on the boardsof , Cepheixd and the Special Olympics of Northern

This year's 'Carol' for mature ears only - Chicago Sun-Times

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The Hindu

This year's 'Carol' for mature ears only Chicago Sun-Times In this “Christmas Carol,” despite a few new laugh-triggering bits involving Scrooge's much-oppressed clerk Bob Cratchit (the agile Ron Rains) and the ... A Christmas Carol, Alive Again in 2010 at Kansas City Rep, Review Kansas City infoZine A Christmas Carol runs through Dec. 18 Teton V »

Lawyer trio close firm, join Vedder Price - Washington Business Journal:

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is a boutique firm -- a platform that “hasx its pluses and minuses,” said Jagtiani, who founded the firm in 1996. “It’ds good at what it does but is limitedc in what itcan do.” Jagtiani+Guttag’s handful of lawyers interviewed 64 law firms over the past two yearw to find the right place to take theire clients to. Jagtiani said it was tough finding a rightf match for his unusualfirm -- a smal l intellectual property boutique firm. “Vedded Price was a good, solif fit,” said Jagtiani, which has clientds such areasas diagnostics, genomics, and immunotherapy. “We brought chemistry and biotechnology and they addedc substantial capabilitiesto us.
” Vedder, a 250-attornegy firm with other offices in Chicago and New York, offers a complets range of IP services, including patents, trademarkx and copyrights, as well as intellectual property litigation. The attorney trio -- all registere d to practice withthe U.S. Patent and Trademark Office -- is alreadyy working for Vedder, but Jagtiani+Guttagb on Democracy Lane is still beintg wound down and will officially close in acouple

USOC CEO: No plans to revive idea of cable network - ESPN

http://www.marbella-sotogrande.com/manilva.htm

USOC CEO: No plans to revive idea of cable network ESPN He said the USOC was targeting the first quarter of 2011 to meet with IOC leaders about the contentious revenue-sharing arrangement that remains the central ... and more »

Brothers work together to get deer out of the woods in day-long ordeal - Leader-Telegram

http://www.pstexteffects.com/fire_effect.html

Brothers work together to get deer out of the woods in day-long ordeal Leader-Telegram Brothers John and Garrett Weir of Rock Falls were coming back from a morning of hunting Monday when they encountered two giant bucks with locked antlers in ... and more »

Southwest Airlines to enter Milwaukee market - The Business Journal of Milwaukee:

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Southwest plans to release more details of its future servicfrom Milwaukee, including identifying cities that will be serveds from Milwaukee, at a later “More jobs and more flights. This is greart news for people in Milwaukede County and throughoutthe region,” Milwauker County Executive Scott Walker said. “It is yet another sign that Mitchel l International is one ofthe best-run airports in the country.” Milwaukeee County supervisor Michael Mayo Sr. said Southwest’es entry will also bring more visitors tothe area, strengthening the convention and tourism industries.
“Thiz added service will build on Mitchell’s reputation as one of the most effective and efficient airports in the United Mayo said. Southwest is the largestg low-cost airline in the U.S. The airline has built is businesds by flying multiple short trips into the secondaru majorcity airports, such as Midway in Chicago, which tend to be less The airline also uses only one type of the Boeing 737. Southwest’s “focus” or hubs, include Midway, McCarran International Airport inLas Houston’s William P. Hobby Airport and Baltimore-Washingtohn International ThurgoodMarshall Airport.
Mitchell International spokeswoman Pat Rowe said the airportt currently has gate space available on concourses D and E that couledaccommodate Southwest. “That’s something that’s still to be discussed,” Rowe Southwest reported earlier this month that revenude passenger miles increasedin April, but not enough to offseyt an expected overall revenuee decline for the second Since the airline’s available seat milese were down and load capacityt was up during the month, revenus passenger miles increased 4.
1 percent nationally from April 2008 Slumping consumer demand and a one-time fuel-related charge sent Southwest Airlines to a more than $90 million first-quartert loss. Southwest reported that the loss includesa $71 million charge related to its fuel-hedge Revenue in the quarter fell 7 percent to $2.3 billion from $2.53 billion, reflecting a declinde in demand.

U.S. Treasury Department selling TARP warrants at 34% discount - Business Courier of Cincinnati:

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Through the Troubled Asset Relief Program, knowj as TARP, the Treasury Department purchasedc preferred stock and warrants from banks in an effort to propup Warrants, which give the holder the right to buy a company’w stock at some point in the futurde for a specific price, presentes a lot of potential upside for taxpayers, shoulsd bank stock prices rise above the face value of the Many banks have sought to buy back their preferree shares and warrants from Treasury.
“Becauswe the warrants that accompanied TARP assistanc represent the only opportunity for the taxpayef to participate directly in the increase in the share prices of banks made possible bypublic money, the price at whic the warrants are sold is critical,” the panell said. The panel, charged with determiningt whether taxpayers are receiving maximum benefitf fromthe TARP, conducted its own valuation of the warrants the Treasurt holds. It found that the 11 bank s that have repurchased their warrants from the Treasury for a total amouny that the panel estimates to be only 66 percent of currenttmarket value, shortchanging taxpayers by $10 million.
The Treasur is still in the earlg stages of its warrangtrepurchase program, and the panel acknowledges that the pricees thus far may not be representative of what is to

Law firm leaves Meidinger Tower for Anchorage location - Business First of Louisville:

http://www.directgenomics.com/article/New-BIOS-Virus-Withstands-HDD-Wipes-.html
Michael Brodarick, a partner with the said it will move fromabout 5,000 squars feet on the 17th floor of the Meidinger where it has been the past 16 years, to abouty 7,000 square feet on the second floor of a building at Anchorage Crossings on Park The move is expected to take place in The building in the East End was formerlh owned and occupied by , whicjh moved out in December. The law firm will be the first tenant in the building under itsnew owner, Evergreen Real Estate LLC. Lloye & McDaniel's employment has nearl y doubled in the past five years to the current25 employees, Brodarick said. The firm has eight attorneys.
Its practice focuses on collections, bankruptcy, creditors' rightas and general corporate work. The main reasoj for the move is convenience, Brodarick "All of the attorneys live in the East End and a few of us live in and we'll be literally three minutes from the office," he said. "Our commute will go from 30 to 40 minutesa tothree minutes." Partner James Lloyd, whose father was a founding member of the firm, said the move is "almost a goingg home type of thing," because he grew up in Anchoragde and lives there now. Rent was another reason for the Brodarick said, although he declines to disclose the amount of rent at the new and curren locations.
But he said the firm, which signed a seven-year leass at the new location, will save aboutr 30 percent in rent over the term of its Rent "was not the significant, overriding Lloyd said. "And we consider this (new a prestigious property, even thoughh it's going to end up beinbg cheaper." Besides allowing more room forcurrentt employees, the new facility also will have space for "Historically, we've added one or two attorneys each year and one or two paralegalws per year," Brodarick said.
"And we'd like to continue at that The firm's lease in the Meidinger Towed expires inMay 2003, he said, and althougg the firm has signed a subtenant for its that company asked Brodarickl that its name not be disclosed. 18,009 square feet available Anchorage Crossings consistes oftwo buildings, according to Chrisx Sternberg, manager of Evergreen Real which owns the property. The majority owner of Evergreehn Real Estate isJohn Schnatter, founder and CEO of Papa John's Internationak Inc.
Lloyd & McDaniel is moving into a two-story building that has a total ofabougt 19,000 square feet, said Jeff Dreher, leasing agent with Grubg & Ellis/Commercial Kentucky, which is marketing the A smaller building on the seven-acrre site has about 6,000 squard feet, he said. Renovation of Lloy & McDaniel's space is under way and is expecteds to be complete by The work will costabout $100,000 and is being paid for by Evergreen Real It includes gutting the center of the secondc floor to create a reception area, Sternberg said. the entrance is being changed andofficew added.
Excluding the space Lloys & McDaniel is taking, the buildin g has an additional 7,000 square feet available for rent on the firstf floor andabout 5,000 square feet in the Sternberg said. Including the space in the smaller building, abouyt 18,000 remains available for lease, Dreher said. Although he has talkerd to potential tenants for other available space in the Dreher said no one else has signedea lease. "Lloyd & McDaniel represents a perfecft fit," Sternberg said. "Our idea was to try to recrui alaw firm, perhaps a CPA firm and maybre an investment brokerage Underwriters Safety & Claims Inc.
sold the property to Evergreejn Real Estatein 2000, he Underwriters leased the property from Evergreen for 18 months. At the end of Underwriters moved to itsnew 53,000-square-foot building at Eastpoiny Business Center. Although many lawyers prefe r to be downtown to be close to the Brodarick said the attorneys at his firm go to cour t only a couple of daysa "I would rather come downtown two timesz a week in the middle of the day when there'sw no traffic than five days a week during rush hour," he said.
And Brodarickm doesn't perceive the move will be a problejmfor clients, because about 80 percent of the firm'e clients are located out of Also, many other clients have offices in the East End. "Aned we're still close enough to be responsivde to ourLouisville clients," he said.

The creepy but much-loved Mtter Museum is evolving - Houston Business Journal:

http://biz-center.kiev.ua/zhinochi-zhurnaly/ladyboss/
— which features a collection of skulls, petrified bodies and other medicaloddities — is respondint to increased visitorship and interest, said Brandob Zimmerman, administrative coordinator/designer at the Mütter. It is the museum’se first major renovation since 1986. Five majord exhibitions will be installeddor updated. The new exhibits will open in August, though the museukm remains open duringthe work. “It’s the first in a long line of what we hope will be new Zimmerman said. The Mütter Museum, whichg was founded in 1849 and is named forbenefactor Dr. Thomas Dent Mütter, is part of the , which is at 19 S. 22nd St.
The Müttere Museum has found a passionate It has been the subject of at leastttwo books. It has been writtenb up in travel stories. Its late director, Gretchen was featured on shows rangingfrom “Lat Night with David Letterman” to “Fresh with Terry Gross. It has entries on YouTube, RoadsideAmerica.comn and Weird U.S. Last 100,000 people visited the museum, up from 60,0090 as recently as three years ago and abougt 10 times the number from adecade ago. “Thew Mütter has really changed as faras visitorship. Ten yeards ago the college was thinking of shuttinggit down. It was originally for people in themedicall profession.
Now we have school children, medicalo students and the general public,” said who has been there nearly four To reflect the changing the museum is offering fivenew exhibits, focusingf on: The assassination of Abraham including the display of a section of assassin John Wilkes Booth’s thora x that came from his autopsy. An update of its long-runnin g presidents’ exhibition, including a cancerous growth from PresidentGroverr Cleveland. “Making Skeletons Speak,” an exhibit focusinvg on the “biological profile,” or more commonly which will display skeletal remains and show how investigatorzs determine the causeof death.
A displayt of a dozen shrunken heads, from the museum’s collection as well as othedr museums andprivate collections. A collection of temporal earbones extractedby Dr. Adam Pulitzer once displayed at Philadelphia’s Centennial in 1876, as presented in theier original glass jars and display Zimmerman said the new exhibits aremore “stort focused,” and less reliant on text. They will also furthe r explore areas that other museums shyaway “A lot of museums are hesitanty to put out human remains,” he said. “That’s not reallgy an issue for us. That’as who we are.
”

Aerosonic names Kevin J. Purcell its new chief financial officer - Kansas City Business Journal:

http://www.lastingcreations.net/designers/index.html
Effective May 26, Purcell will receive an annual base salaryof $180,000, SEC filingsz said. He also has been granted stock option to purchase a totalpof 25,000 shares of Aerosonic common stock and will receives four weeks of paid vacation each In addition, Purcell is eligible to earn a performancer bonus of up to $63,000, 35 percentr of his annual base salary, in cash, stock or othetr equity compensation based on targets determined by the Beginning July 1, Purcell will be entitlex to receive fringe benefitds and employee benefit plans, filings Previously, Purcell was vice president and chief financia l officer at (NASDAQ: HRLY) and vice presidentg of finance, contracts and compliancs at .
He also has worked in the governmenft contractor advisory services groupof . A certified public accountant and certifiedcmanagement accountant, Purcell received his bachelof of business administration degree in financial accountinf at in New Rochelle, and holds an MBA from in Los Angeles, a release Founded in 1953, Aerosonic is a manufacturer of aviation productsa for commercial, business and militarty aircraft. The company also has offices in Clearwateand Earlysville, Va.

Gibson claims Grigorieva caused her own injuries - CTV.ca

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CTV.ca

Gibson claims Grigorieva caused her own injuries CTV.ca The 'Lethal Weapon' star - who is currently under investigation after being accused of domestic abuse by the Russian singer during an alleged violent row on ... and more »

Unemployment rate falls in Allegheny, Beaver counties - Pacific Business News (Honolulu):

http://www.darulghufran.org/education-for-the-young/alive-programme/
and Industry released seasonally adjusted unemploymen t figures forthe state’s countieas and metropolitan statistical areas on In Allegheny County, the unemployment rate fell from 6.6 percent in March to 6.5 percent in April. Beaver County’s went from 8.2 percent in March to 7.9 percent in April. The improvements in Alleghenyh andBeaver counties, however, were not enough to boost the seven-countyy Pittsburgh MSA, which saw its seasonally adjustedr unemployment rate increase from 7.2 percent in Marcgh to 7.3 percent in April. Pennsylvania’s unemployment rate held steadhat 7.8 percent.
When making comparisons, the Departmenf of Labor and Industry uses seasonall adjusted figures in order to account for cyclical hiring differencexsthat don’t reflect changes in the overall Employment in the seven-county Pittsburgh area continues to be stronge than many other areas. In addition to bestiny the state by half apercentage point, unemploymenf in the Pittsburgh MSA is 1.6 percentag e points lower than the Unitedr States as a whole, which has seasonally adjusted unemploymenr of 8.9 percent. Here is the breakdown acros the state: State College: 5.7 percent 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.9 percent 8.3 percent Erie: 8.
4 percent Scranton-Wilkes-Barre: 8.6 percent 8.7 percent Reading: 8.7 percent Within the Pittsburgh MSA, unemploymentr ranged from 6.5 percent in Allegheny County to 9.8 percentg in Armstrong County. Here is the breakdownh by county: Allegheny: 6.5 percent 7.3 percent Washington: 7.6 percent Beaver: 7.9 perceny Westmoreland: 8.1 percent Fayette: 8.9 perceng Armstrong: 9.8 percent

Former legislator to head state health plan group - San Francisco Business Times:

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Johnston, who served in the California Legislature for two decadesz representing theStockton area, beginsw his new role July 1. He fills a vacancgy created when Christopher Ohman left late last year to becoms senior vice president for health plan operations at Oakland-based . Charles Bacchi, who had been the association’xs vice president of legislative has held down the top job on an interikm basissince then.
“Patricmk brings a wealth of experience working withijn the state capitol and valuable expertiswe on some of the most criticak and complex public policy issuesfacing Californians,” Howardf Kahn, chair of the association’s board and CEO of the publiv , said in the June 3 Kahn said with health-care reform and budgef balancing at the top of the politicakl agendas in Washington, D.C., and Sacramento “itr was important for the board to find a CEO who is well-respecterd in Sacramento and able to build effectivd partnerships.
” Johnston served in the stated Assembly for a decade and spenrt another 10 years in the statr Senate, where he chaired the for six After leaving the Legislaturee in 2000, he’s served as the first legislato in residence at the University of California, Berkeley, Institut e of Government, served as vice chairman of the Californiza Bay-Delta Authority, taught California politics and policy as a visiting lecturer at ’xs Goldman School of Public Policy and been a privatd consultant in government relations, according to an associationb spokesman. CAHP also announced that Bacchik has been promoted to executivevice president.

Plano ISD task force's plans for nontraditional school draws traditional worries - Dallas Morning News

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Plano ISD task force's plans for nontraditional school draws traditional worries Dallas Morning News The task: to research an option for ninth- through 12th-graders that stretched traditional boundaries, provided college or career readiness and didn't ... and more »

myFreightWorld loads up cost-cutting, sales push to deliver positive results - Houston Business Journal:

http://www.kingfishconnection.com/?p=1093
Cost-cutting and a renewed sales along with a deal that positioned it in thepublixc market, have the business servicesx outsourcing company steering toward aboutf $40 million in managed revenue this year and positioned for futurs growth. myFreightWorld, based in Overland Park, offers wholesalr online services — such as Web sites, rate-quoting systems and tracking systems — for third-party logistica providers, which coordinate shipments.
The company wasn’tt losing clients, but the volumez its clients were handling had takena hit, and myFreightWorlds gets paid on a transaction “Our short-term process focus cleaned up some but we can’t stay in the short President Mike Head said. “Nobody knowa for sure whether the economy hasbottomed out, so you have to stay on your toes and have But, as Head found, some of those short-term efforts brinbg improvements that promise long-term results, as well. DRIV DOWN COSTS, NOT EFFICIENCY As business hit the Head began cutting any discretionary The company cut a quarterof workers, from abourt 55 to 40.
He tasked his informatio n technology staff with prioritizing projects that wouldx increase efficiency to make duties easie r withfewer employees. One tool they created automateed the input ofclient information. An auditinh tool that points out likely errors introublee shipments, rather than requiring someone to look througbh the entire order, brought at least four time s more productivity. Even when myFreightWorld began replacinb lostbusiness — it’s now back to, as Head put it, “pre-tsunamo levels” — the diminished staff coulxd handle the workload. Taking a hard look at processes has broughttgreater productivity, he said. The move had broadert effects, too.
Work for myFreightWorld varies based on the Insome cases, staff handles tasks such as making sure shipment arrangementx work. In other cases, clients do the tracking. So when the IT departmengt improved efficiency formyFreightWorld functions, customers felt it. , basex in Concord, Calif., has been a clienf for a coupleof years, using primarilyt the tool that helps determine the cost of Vice President Mark Christos said. The functio n has allowed the company to avoid adding staff and thus avoid layoffs when volumesfell — and increasew the productivity in that area by 15 “It’s a significant contributor to our efficiency,” Christose said.
When the job ax it didn’t touch the sales force, made up of contracy workers paid primarilyon commission. Rather, Head myFreightWorld increased the sales force from 10to 17. With suppressed volumes for existing customers, the company soughty new ones to make upthe difference. It hammered the cost-savin g potential of outsourcing to a message that rings truefor third-partg logistics providers these Industry revenue will fall abouf 7 percent to $118 billion this year, compared with $127 billiojn last year, according to , a Wisconsin-based supply-chainb research and consulting firm. That’s the first year-to-yearr drop since the firm began tracking the datain 1996.
Even in it won’t revert to 2008 levelas — the firm estimated that revenue willreach $125 “I think everybody’s looking for opportunities to save said John Wagner Jr., president of Northj Kansas City-based logistics providerr , which isn’t a myFreightWorld client. “If you can reducr your in-house staff by paying a fee, I thinlk that’s something people are looking at.” myFreightWorld also addeds IT staff, including one outside employee and another from adiffereng department. That group sped up efforts to refine electronic processesxand products.
Some enhancements adderd features to existing products that the sales forces could sell to current leveraging thesales staff’s efforts, Head The sales push has yielded results, helping speed alonv deals. For example, on April 29, the companty announced that it had reacheda four-year IT and back-office services deal with Headhaul.com that would bring an estimatee $15 million in revenue during 12 myFreightWorld leaders went through every line item on the balance questioning what value each expenditure broughtr the company and whethe r the same thing was available for less. For it stopped using an outsidwecoffee service.
Head offered one employee an extra hour of pay each day to overseer the cleanliness of the wanting to keep moneyamongb employees.

GM files for bankruptcy, plans to transfer operations to Wentzville - Denver Business Journal:

http://seikkailupuisto.com/Adobe%20Illustrator%209.0/pr2/pr2.html
Some operations and equipment from a steeol stamping plant inGrand Mich., which is slated to closre as part of the automaker'ws restructuring, will be transferred to Wentzville, according to Bob Wheeler, a spokesmam for the Wentzville plant. It'ss not yet known how many, if any, Michigajn employees will opt to transferto Wentzville, he GM officials called Wentzville Mayor Paul Lambi at 9 a.m. Monday to assurde him the local plant wouldremaib open. "It's good that they are shippinvg in work forthis plant," Lamb i said. "That's a positive that corporate thinkes this plant willbe around.
" Lambi said, rival automaker Chrysler plans to shuttert its Fenton factors after investing $130 millionm in them, so it was importangt for Wentzville to not rely on GM so much and diversifyt its revenue stream. When Lambi took office seve n years ago, Wentzville counte on GM for abour 55 to 60 percent of itstotal revenue. Today, that's more like 15 percentg of the city's $24 million generalp fund, because GM pays the city about $3 milliom a year in real estate property taxes andother fees, he said.
GM on Mondah by the end of 2010, but the Wentzville plant was sparerdbecause it’s the only plant wheree Chevrolet Express and GMC Savana vans are The Wentzville plant will still undergo a previouslyh announced and other production cuts in June and July that will resulty in the layoffs of 300 workers. Monday’sx Chapter 11 filing by the 101-year-old automakerd is among the largestin U.S. history and largest-ever U.S. manufacturing GM listed $173 billiojn in liabilities and $82 billion in assets, according to the filerd in New York. GM to St.
largest privately held company, Enterprise Rent-a-Car, and to Chaptee 11, which allows the companu to operate while protected fromits creditors, pushews GM into a fast-track bankruptcy and provides $30 billiobn of additional taxpayer fundws to restructure. The GM plan as detailed by U.S. officialws would allow a much smaller GM to emerge from courr protection within 60 to90 days. The automakeer has not provided an updated target for job cuts but was looking toeliminate 21,000 U.S. factory jobs from the 54,00p0 union members it now General Motorsemploys 92,000 in the Unitefd States and is indirectly responsible for 500,000 The U.S.
government would hold a 60 percent financial interesy in areorganized GM, and the UAW wouldr take a 17.5 percent stake. The governments of Canada and the provincw of Ontario have agreed to a 12 percent ownershiop stake in exchange forfinanciak aid. GM bondholders would get 10 percent. "It’ a bittersweet thing," Wheeler said. "Youy hate to have to go through the process of closinyg plants andeliminating jobs, but look around, that’sd what's going on with a lot of Hopefully we can rebound, hire peopled in the future and be the vibrant company we once were.
" Download a copy of the

The Edge Articles - Western Courier (subscription)

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The Edge Articles Western Courier (subscription) "127 Hours" (2010, 7620 minutes) Directed by Danny Boyle, starring James Franco. Director Danny Boyle, the Academy-Award-winning ... and more »

Tim Leyden Executive Profile

http://letotours.com/tours/nikolaevsky_palace
Prior to his return to WD, Leyden was senior vice presidenf and chief financial officer of Sage Software a subsidiary of SageGroup PLC, a U.K. publifc company. Before that, he had worked as a managementr consultant to technology based companies duringt 2001with Pittiglio, Rabin, Todd & McGrath. In his earlier careed at WD, Leyden served in various worldwidse finance, manufacturing, and information technology capacities inthe company'sa storage controller, semiconductor and hard drive businesses, both in his natives Ireland and in the U.S. During that he worked closely withJohn Coyne, who becam e CEO of WD in January 2007.
They workex together on the acquisition and integratio teams when WD entered the hard drive businessin 1988. Leydemn received his ACMA (Associate Chartered Management certification from the Charteref Institute ofManagement Accountants, Chapter St., London. He earned a master

Narnia Themed Christmas Lights on Regent Street, London - Narnia Web

http://myfunkyfuneral.com/blog/?m=200704

Aslan's Country

Narnia Themed Christmas Lights on Regent Street, London Narnia Web Return to Narnia this Christmas as Regent Street's festive activities celebrate the cinema release of The Chronicles of Narnia: The Voyage of the Dawn ... Narnian Christmas in London and UK World Premiere Contest! Aslan's Country  »

'Average Joe' shouldn't decide Oklahoma's priorities - NewsOK.com

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'Average Joe' shouldn't decide Oklahoma's priorities NewsOK.com The priorities for the budget and appropriations are determined periodic »

Anchor Blue to close three local stores - Wichita Business Journal:

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The store closings are part ofthe Ontario-basedc retailer’s restructuring plan. Founded in 1972 as Miller's the retailer changed its name to Anchofr Blue in thelate 1990s. The company sells casual apparel for teens and young adults and has 117 storew in12 states. The entire inventoryg at shuttering stores went onsale Friday. Gordomn Brothers Group, a global advisory, restructuring and investment firm specializing in the consumer products, real estate and industrial is running the store closingv sale on Anchor Blue’sx behalf.
“These strategic stord closings will help us significantly improv operational performance as we proactively restructurw our business to conformto today’sx market,” Thomas Sands, chief executive officer of Anchor Blue Retailo Group, said in a news release. “Anyonew who lives near a closing store is encourage to take advantage of the tremendousvalues we’re offering on all merchandiswe during the sale.” Anchord Blue Retail Group is the holding company for Anchor Blue and Levi’xs & Dockers Outlet by MOST.
In the Sacramentk area, Anchor Blue will close storeds at Sunrise Mall inCitrus Heights, The Village at Sacramento Gatewa y in Natomas and County Fair Mall in Woodland.

Some grads still in demand despite economy - Atlanta Business Chronicle:

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“I graduated May 2 and started on May said Hall, 25, of Marietta, who worksd in human resources at the Atlanta officed of , a health-care technology consultant. “It’s been a but it’s going pretty Hall’s new company overlaps two sectors of the economyu that are going strong despitethe recession. University career services directors say medical and technologty companies are continuing to recruif and hire new employees even as other industriesx freeze payrolls and hand outpink slips. “When recruiteres call me to hire, they ask for computer sciencw majorsor engineers,” said Ralph Mobley, director of careefr services at Georgia Tech.
“Oue data indicate they’re doin g better in the job marketthan non-technical majors.” however, interest among employers in the Class of 2009 is The ’s spring careefr fair attracted only 145 down from 215 that sent representativesa to the Athens campus last said Scott Williams, executive director of UGA’w Career Center. Likewise, the last three quarterly career fairs held at drew abouty 20 percent fewer companies than theprevious year, said Ramona a career and employer relations specialist at the downtowmn Atlanta school.
Students are reacting to the tepied response from corporate recruiters and the tight job market it signifies by applying to graduate schoolin droves. At Georgiqa State, for example, MBA applications for the comingt school year increased 22 percent over last while the number of students seeking master of arts degreed went up19 percent. Timothy GSU’s associate provost for academic programs, said many graduatre school applicants are coming directlyy fromundergraduate programs. “The decisio n makes sense,” he said.
“Rather than face unemploymeny or takea minimum-wage job, students can increaswe their academic credentials for a time when the economhy takes a turn for the better.” The scarcitt of jobs is motivating other graduates to take a breakj from their formal educations or put off entering the workforc e to enroll in such service programx as the Peace Corps or Teacyh for America. “We’re seeing an increase in the number of studentd who want to take a year off to engagse in aworthwhile adventure, discover some things and make some said Paul Fowler, executive director of the Career Centef at .
Hall said making connections proved importantt to her landing a job so She said she met her new boss at McKessohn during a mock interview while she was an undergraduate marketing majorat UGA. “We just kept in touch,” she said. “Whenn I was having trouble finding a jobin marketing, he had a positionb open here.” Hall said it was also importantg that she was willing to be flexiblee in her job “Finding a marketing job in Atlantas right now is impossible,” she “[But] this is a big company. If I want to move over I can.” While marketing jobs aren’ft to be had, some jobs fields are still hot.
Moble said government jobs, particularly at the federal level, are in high He said one growth area isthe , createde after the Sept. 11 terrorist “Agencies like the and have been hiring for some as have agencies involvedin defense,” he said. In the privates sector, the emphasis on defense has created job opportunitiex with companies includingand , Mobley said. While it mighft be tempting for college students to tailod their majors tofit what’s hot and avoix what’s not, Williams doesn’t recommend it.
He said it’sa difficult for students choosing majorx halfway through their undergraduate studies to predict what jobs will be in demanr two years later or followinggraduate “Students need to choose their majors and careerw based on their passions,” he said. “You have to do something you’re excited to

Extended Stay Hotels files Chapter 11 - Business First of Buffalo:

http://straydogstudio.biz/seo.php?my=1&deu_i=1660-309-5655-0
The Spartanburg, S.C.-based company filed the reorganizationj petition in New York bankruptcy Secretary and General Counsel Joseph Teichman writingy that Extended Stay hadabout $7.1 billio in assets and $7.6 billion in liabilities at the end of 2008. Extendes Stay, whose more than 680 properties are managed byHVM LLC, has eigh Central Ohio sites, including those near the Mall at Tuttlee Crossing, Polaris Fashion Place and Easton Town Center. The company bills itself as the largest operatorof mid-prices extended-stay hotels in the nation.
Teichman in a courft filing on Monday wrote that the companyh sought protection from creditors amid a general downturjn in the hospitality industry and a hit taken as fewer potential customers needthe company’s “Since the typical Extended Stay customer seeks a lengthy stay basef on commercial relocation, the contraction of constructiob and new business development began to significantly and adverselu affected Extended Stay’s revenue stream,” Teichman wrote. The companh said its average revenue per room droppeed about 23 percent in the first five monthsw of the year compared with the same perioedof 2008.
As a result, it was unablew to deal with its debt burden with cash flow and is seeking a “comprehensive restructuring of the entire capital Extended Stay said it plans to run operations followinhg the Chapter 11 petition under a lender-approved arrangement using cash collateral. Debtor-in-possession financintg won’t be needed, the company About 9,900 employees work in hotels operated byExtendedf Stay. The company is in 44 states and hasaboutf 77,000 rooms.

Compass Airlines cuts ribbon on Louisville maintenance facility - Pittsburgh Business Times:

http://pupilasdilatadas.com/estados-de-animo/de-amistad-y-lejania
The subsidiary opened the three-bay maintenancr facility in January but held off on the ribbonm cutting until key personnelwere hired, and they “got a little airplane grease under their nails,” Compass president Tim Campbell said during a news conference. 70 employees maintain the airline’s fleey of 36 Embraer 175 76-seat jets. which was founded in 2006 as a subsidiaryy of Northwest Airlines was acquired by Delta as part ofthe Atlanta-basedx carrier’s merger with Northwest in October 2008. The jets previouslyg had been serviced bya third-party aircrafy maintenance company, Campbell said.
Compass’ Louisville International Airport facility, located at 5101 Crittenden consistsof 42,720 square feet of aircraft hangar 11,416 square feet of shop and storage space, an 80,601-square-foot concrete apron and 33,48o square feet of parking and roadways. At the news Chantilly, Va.-based Compass showed off its firs jet painted in theDelta colors. The rest of its fleett will be converted from Northwest Airlinese colors over thenext year, Campbell said. At the news Kentucky Gov.
Steve Beshear said the Compasz investment, including its $3 millio n annual payroll, “is a tremendous economic achievemenf in the midst of some pretty tough economic InAugust 2007, the board granted the airlinee preliminary approval for $2 million in stat tax incentives for up to 10 years.

PRESS DIGEST - New York Times business news - Oct 22 - Reuters

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PRESS DIGEST - New York Times business news - Oct 22 Reuters Oct 22 (Reuters) - The following were the top stories in The New York Times business pages on Friday. Reuters has not verified these stories and does not ... and more »

Cleanup plan worries farmers - Centre Daily Times

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American Agriculturist

Cleanup plan worries farmers Centre Daily Times If the federal agency doesn't approve Pennsylvania's plan, then EPA could force its own watershed regulations on the state. This could spell big trouble for ... Farmers May Be Underreporting Chesapeake Progress American Agriculturist Pollution reduction needed for PA waters Williamsport Sun-Gazette Homebuilders: EPA shouldn't rush bay pollution limits Bizjournals.com Water Technology Online -Wisconsin Ag Connection -Wilkes Barre Times-Leader  »

5 Who Thrive: Aloha Salads grows by staying true to its mission - Kansas City Business Journal:

http://www.thenewpornigraphers.com/article/Great-Plains-Partner-Newsflash--Membership-Services-in-Dynamics-GP---Alba-Spectrum.html
The signature salad dressings are amont the reasons forthe company’s Aloha Salads continues to despite the weak and is expected to gross more than $1 million this year. A thirf location is set to open in Juneat , followedd by another in the by There are plans to franchises Aloha Salads nationally. And a California food group has agreedc to bottle four of the six sala d dressings for retail The Lufranos’ success is due to a number of They open stores only in high-profile locations and form businesse partnerships with trusted They also stick to theit core mission, which is to serve quick, healthyy foods using local ingredients.
Now their goal is to expanf strategically in anticipation ofthe economy’s rebound in 2010. “Ws have to continue reinventing ourselves to keep things fresjh for customers and attract new as well,” Chris said. “We’re not going to rush in. We’rde going to make sure we make the righft decisionsmoving forward.” Careful growth has been the company’s philosophyg from the start. In December 2004, afterd seven years away from home, the Lufranos returned to Hawaiifrom Chicago, wherew she was a patentt lawyer and he worked in finance.
For more than a they scouted potential store locations on Oahu and experimented with recipesat Sara’s parents’ home in The couple opened their first Alohaw Salads in May 2006 in a 440-square-foot space in the , using personal capitao and a $50,000 loan guaranteed by the U.S. Small Businesa Administration. The company’s creative salads — “Aloha Mediterranean,” “Maui Mozzarella” and “Ther Goddess” — instantly drew loyal One customer was local contractodFreddie Franco, owner of BEK whose building credits include Waikik DFS Galleria, Neiman Marcus and Tony Auto-plex.
He struck up a friendshipo with the Lufranos and two years later helpedx designAloha Salads’ second location in . The mall store, which openeed in March 2008, briefly experienced a double-digit drop in sales aftef health-food chain Whole Foods opened nearby late last Sales have climbed since then but are slightlybelosw target, Chris said. Franco, now an equal partner in the provided the capital to build the Kapoleij location set to opennext month. “Kapolei shoulr be really good because there’s nothinfg out there,” he said.
“We’ve been getting lots of calls askinvgwhen we’re going to build in their The 1,200-square-foot store is unique in that it will have wine pairingse with salads and a mezzanine levepl for dine-in customers, Franco said. As Aloha Salada continues to expand, the abilitgy to quickly change menu items tofit customers’ tastes will be For instance, roast beef sandwiches that did not sell well in the Kailua store have been replaced with pastram i sandwiches. Periodically introducing creative menu items also is crucial to This month, the Kahala Mall location began serving “design-your-own” omelettes, organic fruit bowls and fresh-squeezed juices.
The responsde has been overwhelming, and there are plans to servw breakfast inother locations. “We reallyy care about the food that goes out to Sara said. “People get used to what they’ree eating and don’t realize there could be so manygood

Man Shot After Argument Over Clothes Dryer - WKRC TV Cincinnati

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Man Shot After Argument Over Clothes Dryer WKRC TV Cincinnati The victim, whose name has not been released, says he was arguing with another man over who would get use of the clothes dryer when the second man pulled ... and more »

The economy

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For example, a couple of surveys were done recentlyg by some large humanresources firms. More than 1,00o companies were asked about payingtheir employees. Fortyt percent of them plan to reduced amounts allottedto raises. Sixty-two percent said bonuses will be smalletthis year. Twenty-five percent are planning a hiriny freeze. Another 25 percent are planning onincreasingf employee’s contributions to health Pay raises are being cut. So will severancre packages. Why? It’s the economy! Another survey forecasts spendingv on technology to decrease by almos t half from what had been Saks Inc.
, the luxury retailer, plans on cutting its capitall spending from $125 million to $75 millionn next year. The city of Philadelphiza is trying to close a bigbudger gap. My wife is cutting back on hair appointmentes to only twicea week. Oh, and by the way the number of companies doinh holiday parties will fall toa 20-year low. Maybe they’ve been readiny some of my columns about what a wastdethis is, too. And everyone’s accepting these huge reductions. Everu day we’re expecting to hear about more companies reducinggtheir expenses. Employees seem to be takinvg the cutsin stride. They’re just happy to have a job.
Even my wife is learningg to face adversity with a smile … and a baseball cap. Why? It’sx the economy! You know what Recessions can be apennty pincher’s dream. Now’s the best time to get rid of the That guy in shippingwho can’t seem to rememberf how to load a skid properly twice in a row? The cost accounting assistant that seems really busy but you can nevet really quite figure out what she’d doing all day? History. The sales guy who spendsd more time hitting on your receptionist than the actual phonesSee ya. Running a business is tough when you have to be thebad guy.
Many of us accepty mediocrity becausewe don’t have the energy left to figh or fire someone … our spouses and childreb sap it all out of us. But suddenly, like mannaw from heaven, God has brought upon us the bestexcuser ever. The economy! The recession. The Aah! What a beautiful way to weaselk out ofour promises. It’ss the perfect rationale for making some longneededf changes. It’s not just about changing the deadweight employees. You can feel comfortabld getting rid ofthat 87-year-old cleaning lady who doesn’gt clean. You can call your key suppliera and beg for acost reduction. You can call your phonee company and beg for a littler help with yourmonthly fees.
Everything’s negotiablr because everyone’s skittish. No one wante to lose the business over a few bucksa month. But a few bucks savedd a month from a bunch of different placex adds up to more inthe Why? It’s the economy ! I’m blaming my baldness on the economy (the anxietu has caused my hair to fall I’m blaming my rudeness on the economy (my nerves are I’m blaming this season’sd lousy “Heroes” on the economy (gee, they must have cut back on Penny pinchers must get rid of underperforminv people. Renegotiate contracts. Beg for price Lock in lower monthly payments. Plead Scream for assistance. Why? It’s the economy!
Becausde in a few months the opportunity will havepassed us. Thinga will turn around. Prices will Unemployment will fall. The sun will shine. And we won’f have the economy to blame anymore.

Sanchez named Compass Bank CEO - Houston Business Journal:

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Sanchez, who is based in Houston, has held several key positionsd with Mexicanand U.S. operatinbg units of Spanish financiagiant , which acquired Compass in 2007 for $9.1 billion. BBVA is in the midst of a rebranding campaign forits U.S. bankinh operations under the BBVACompass Sanchez, previously executive vice presidentr of community banking for BBVA’s U.S. bankintg operations, reports to José María García Meyer, BBVA country managerd for theUnited States, based at headquarter s in The Woodlands. Though Compassx is still headquarteredin Birmingham, Ala., its growtnh prospects and key executives are locate in the Houston area. Sanchex came to the U.S.
in 2005 from BBVA the company’s Mexican banking subsidiary, when he was appointex president and CEO of newlyacquiresd . García Meyer took over as Compass Bank chairma non Jan. 7, at which time Hegel, previously chief financial officer, was appointer chief executive, replacing Compass bank veteran D. Paul Jones. Last BBVA completed a key phasee of integration of its threeolder U.S. banking unitse onto the back-room product platform of company spokesman Ed Bileksaid Monday, when Laredoi National’s operations were merged and new BBVA Compass signaged was rolled out across 39 branchess in the Rio Grande The BBVA Compass rebranding campaign will come to Compass branche s in Houston and the rest of Texas in early 2009.
With the mergerr of the four U.S. banks, BBVA Compas has total assets ofabout $57.4 billioh and 579 branches spread across six states, includingf 312 in Texas and 56 in the Houstonj area.

NTS buys Plainview Apartments - Minneapolis / St. Paul Business Journal:

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Financing for the purchase, which was made througjh an NTS affiliate, , was provides by the , accordinfg to a news release. The purchass price was not disclosed. The previous owner was PlainviewqApartments LP, a Denver-based investment partnership, accordingy to online records from the Jefferson Countyt Property Valuation Administrator and the Kentuckty Secretary of State. Its assessed value for tax purposesxis $9.7 million, according to the PVA Web Occupancy at the time of the purchase was about 94 percent, the release said. NTS plan to enhance and renovate the property but no detailxs were disclosed inthe release.
The apartmenr complex was developed as part of the Plainviewplanned community, which includesd 800 single-family homes, more than 1,000 500 town homes, multiple shoppinyg centers and nearly 2 million square feet of officw space. NTS began construction and development of theplanned Louisville’s first, in the early 1970s. With the acquisition, NTS Development Co. and its affiliates now own four apartment communities in Its other holdings in the area are Hurstbourne Grand The Overlookat St. Thomas and The Willowes of Plainview.
NTS also manages 14 otherd apartment communities and 31 commercial properties with more than 5 millio n feetof office, retail and warehouser space in the Southeast.

General Dynamics closing airport facility - Minneapolis / St. Paul Business Journal:

http://www.sexingthepolitical.org/2004/2004/home.html
The closing, announced to the workers severalweekss ago, will take place by early July, said Roberyt Baugniet, a spokesman for the company’s General Dynamics Aviatio n Services subsidiary. Baugniet said the closintg was due to a declinein business-jeyt use. He said there are business-jet companies at the Minneapolixs airport that have had to scale back operations and let goof “If they reduce they don’t need servicing. That’s what we do. We’r a service business in that area,” he said.
Baugniegt said the company’s other service centers across the country will remain But even atthose centers, workersw have been let go and hours of remaining workers have been The 73 Twin Citie workers being let go are part of an broade r layoff of 1,200 General Dynamics workers that the Falla Church, Va.-based company .

Global retail provides investment opportunities - Nashville Business Journal:

http://laboureconomics.ru/firmeconomics/61-price
For the fourth time in five years, that country is considerec the most attractive forretail investment, accordinyg to ’s annual Global Retail Development Index, whichh looks at retail investment attractivenesds in 30 emerging markets. "With economifc conditions in developed markets improvingso slowly, emerginbg markets are becoming much more important sources of growthb for global retailers," Hana Ben-Shabat, A.T.
Kearneu partner and co-leader of the study, says in a news Russia, China, the United Arab Emirates, Saudi Vietnam, Chile, Brazil, Slovenia and Malaysia rounf outthe index’s 2009 top 10 As home prices decline and consumers keep tight hold of theid purse strings in the United States, global expansiob is becoming more important as a strategy for according to the global management consulting Low inflation and rent reductions of up to 40 percent in tier- 2 and tier-3 cities also help make India the most attractivd retail investment destination, the report notes.
Meantime, retailsd sales in Russia are projected to grow 15 percenyt a year over the nextfive years, whilee in China a $585 billion stimulus package and efforts to boostr economic consumption are showing earl signs of success, as retail salexs have grown in early 2009, the report

Stock Building to close Triad store - Washington Business Journal:

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Giovanna Konicke, company spokeswoman, said Stock Buildingt will first try to sell theKernersville store, locater on Highway 66 South, to an industry If unsuccessful, it will close it and liquidate inventory. Konicke said therd is not an exact timeline, but Stoc k hopes to have the process complete in the next threew to six months at She declined to say how many people were employed at the Calls to the Kernersville store were directed tocorporate offices. The compang has two other Triad locations, including one in Greensborko and onein Clemmons.
Those storeas will not be “As previously disclosed, Stock Building Supply will be closintg stores inselect under-performing according to a company “We regret having to make these cuts and understand that this is a challenginf time for our associates. Nevertheless, thes difficult decisions are necessary to focux on those markets with the strongest prospects for growth and to ensuree Stockis well-positioned for the housinvg market upturn. We are committed to ensuring a smooth transition for our valueed customers at these affecte locations and look forwardf to continuing to provide high qualit y products and services tocustomers nationwide.” The N.C.
-based building and construction materials supplier said earlier this month that it will cut up to 2,2009 employees and cancel 210 lumberyard and showroom lease s as part of its sale to a California-basede private equity group, according to sister publicatiojn The Triangle Business Journal. Under the termsw of its deal with the privateequit group, Stock Builder had to file for Chapter 11 bankruptcy reorganization to satisfy creditors.
The company reportedr a fiscal year 2008 operating lossof $744

Embarq sale ends advertising work for Nicholson Kovac - Kansas City Business Journal:

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billion merger with to form , which closesd Wednesday, Nicholson Kovac no longer will have busines with the combined company afted the end of thethirr quarter. Nicholson Kovac CEO Pete Kovac said the merger marks the end ofthe agency’sd 25-year relationship with Embarq and Sprintg Corp. before that. The agency did primarily mediqa planning workfor Embarq. “Every client is Kovac said. “It was an important It was certainly not our largest and has not been for some time CenturyLink officials invited the agency to a closed revie w but opted to retain its relationships with CenturyTel Kovac said the departureof Embarq’s business won’t lead to immediate changees in the agency’s operations.
“Our currenr plan is definitely not to make any kind of significant Kovac said. “We are not planning layoffs or anything ofthat

Orinda, Octagon plan loft/retail conversion - Dayton Business Journal:

http://babacanweb.com/daleekvart8.php
Atlanta-based and Charlotteville, Va.-based reported their planse for the property at 222Mitchelkl Street, but they did not disclose financial terms of the The 350,000-square-foot structure was built in stages from 1929 to 1979 on 2.1 acred and occupies the entire city block bounded by Forsyth, Mitchell and Nelson Streets. Orinda and Octagon will convert the property into a rental building with 205 loft unitsx and morethan 70,000 square feet of commercial space. Occupancy is expected in January 2011.
“Thee redevelopment of 222 Mitchell Streegt into rental lofts and retai space will play a significant role in the rebirtnh of this part ofdowntown Atlanta,” said Dilloh Baynes, president of Orinda, in a “We’re certain that living at 222 Mitchelk Street will appeal to young professionals who work as well as to college especially those who already attend one of the many fine institutionsd in the area, such as Georgi State University, Spelman, Morehouse, Clark Atlantsa University and Georgia

Former local football star flounders financially - Houston Business Journal:

http://telescopes-info.com/p2.html
million judgment from the latest ofhis troubles. Kosar, of and related companies also lost foreclosure judgmentx on multifamily properties in theTampaa area, and face a pending foreclosure lawsuit against a third. His Bernie Kosar’s Steakhouse was evictede from its South Miamio spacein November. Many South Florida and Cleveland sportw fans remember Kosar for his stellat success onthe field. He led UM to its firstt football national championshipin 1984, then playexd 12 seasons in the NFL, mostly with the . Kosar, now 45, playexd his final season with thein 1996.
The UM trustes is a minority owner of boththe NHL’s and the , an team that sat out the past seasonn along with the rest of the The (Cleveland) Plain Dealer reportedc that the Gladiators lost $2 million to $2.5 millio in the inaugural 2008 season, durinh which Kosar was team president and guidecd the team to the semi-finals. Meanwhile, the Panthersw have discussed merging the team with a New York Street & Smith’s SportsBusinese Journal has reported. It appears Kosar could use some money to paymountingh judgments. In April, National City Bank won a $4.2 milliomn judgment against Kosar andBJK LLC.
It was baseed on the remaining delinquent amount of a promissor note that was increasedto $12 million in with Kosar as a personalo guarantor. The lawsuit does not say what BJK and Kosarr used themoney for, but it said he defaultec on the note in June 2008. Kosar’s David Lister of Weston, did not return repeated callsseeking comment. West Palm Beach-based attorney Michael T. Kranz, who represents National City also did not returhnseveral calls. Kosar’s attempt at runningb some multifamily propertieson Florida’s Gulf Coasf did not work out too well, either. Kosar and his Boardwalk LLC on May 11 losta $2.
9 milliobn foreclosure judgment to Florida Bank in Pinellaas County Circuit Court. The 36-unir building was scheduled for public sale onJune 16. In Kosar and his Oakmont LLC losta $3.3 milliobn foreclosure judgment to Florida Bank in Hillsborough County Circuit County over a Tampa apartment building. The bank has anothert foreclosure lawsuit pending in Pinellas County againsgt Kosar and hisPCV LLC. Kosar also facea significant tax problems, including $59,881 in unpaid property taxes on his Weston home and acombined $93,647 in federal tax liens agains t him over his personal income taxes, including some years filed jointly with ex-wife Babette Kosar.
Kosar did fully pay a separate $228,806 federal tax lien placed on him inJuly 2008. When The Plain Dealeer questioned Kosar about those previously unpaid taxesin August, Kosad said some bills were lost in the shuffle during his “Divorce is difficult enough as it is, especially for someonw who wasn’t really looking to do he told the paper. “So, who owes what and all of thatbecomesa hard, but whatever I owe, obviously I wouldr pay.” Kosar’s home, at 2940 Paddock Road, is currentluy listed online for sale for $3.5 million. It was purchasede for almost the same amountfin 2006.

Air Cam: Auburn QB uses arm to dominate - Montgomery Advertiser

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Air Cam: Auburn QB uses arm to dominate Montgomery Advertiser The Auburn coach spent most of September fretting over tense comeback wins and keeping his team prepared for the next ... and more »

Group preserves legacy of OSS, predecessor to CIA - Washington Post

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Washington Post

Group preserves legacy of OSS, predecessor to CIA Washington Post The OSS -- the predecessor to the CIA and US Special Operations Forces -- was formed in June 1942 by order of President Franklin Delano Roosevelt. ... and more »

Associated may post 2Q net loss - Phoenix Business Journal:

http://www.antiquesauto.com/2010/08/page/2
Charge-offs totaled $104 million at the end of the firstr quarter, according to Associated’s filing with the Federal DepositrInsurance Corp. Meanwhile, second quarter net charge-offs are expecterd to be between $60 milliob and $70 million, Green Bay-based Associatefd (NASDAQ: ASBC) said Monday afternoon. The figures was $56.9 million as of the end of the firsyt quarter onMarch 31. The bank’s managementg said weakness in the economy has resultedin asset-quality downgrades to Associated’s construction, commercial real estate and commercial and industrial credits.
“Wew believe loan loss provisionswand charge-offs will remain elevated due to the continueds deterioration in the real estate sector and the weak economy,” said chairmajn and CEO Paul Beideman. “We expect the pace of loan and assegt deterioration to moderate infuture quarters.” Associated executived said that, after taking into consideration the increased loan-losxs provision, the company’s capital levels will still exceerd well-capitalized standards as of June 30. Associated said its board has formedf a risk and credit committe e to supplement risk management oversight performed by the company andthe company's audit committee.
The boarr has appointed to the new committee John Eileen Kamerick and Richard The company willrelease second-quarter results on July 16. Associate stock closed at $13.37 on Monday.

Wine Institute names Ray Chadwick chairman - San Francisco Business Times:

http://www.brandoncebenka.com/article/Wholesale-Chocolate-Business.html
The vote took plac e at the San Francisco-based Wine Institute’s 75th annual meeting on June 8, but was announced Chadwick, who has been Napa-basefd ’ president and CEO since 2001, stepa down July 1 to become a non-executive member of the DC&E’a board, according to the Institute and That move was part of a broadert reorganization announced in early Also elected tothe group’s board were Tom Klein of Healdsburg’s as first vice David Kent of the San Francisco - and Livermore-based as second vice chairman; Kathleen Heitz Myer of St. Helena’s Heitz Wine Cellars as treasurer; and José Fernándezz of as secretary.
Chadwick also serves on the boarsd of the Napa Valley a regionaltrade group. Robert “Bobby” Koch, the Institute’se president and CEO, continues as its operationak head. The group predicterd in its June 12 statementthat “the difficult economy will pose many challenges for the and Chadwick will continue the emphasis on preventing punitiv taxes from being imposed on wine, and advocatinh for reasonable and liberalized trade in the U.S. and abroad.
” Anothe r priority, the Institute said, is its “Californiza First” public-relations campaign to informm policymakers and regulatory leadersabout wine’sw “rightful place as a beveragee of moderation.” The Wine Institute memberx also elected new district- and at-large directorz and alternates at its conclave at the in Napa and added nine new winery and associate bringing its total membershipp to 1,079.
New winery members include Napa’s Fulton Family Winery and PatriciaHowe Wines, Oakhurst’zs Idle Hour Winery, Redwood City’s La Honda Fresno’s Lomac Winery, Temecula’s Lumiere Winery and Hopland’e Maracucci Farms; new associate members are San Francisco’w law firm, and Northfield, Ill.-baserd Neal & McDevitt LLC, another wine industry legal specialist. The Institute is basedf in San Francisco, with offices in Sacramentlo and Washington, D.C. Eighty vintners serve as members and alternates onits board, whichh elects a chairman and other officers annually.
Koch said the groul represents wineries that accountfor $18 billionb in retail sales and more than $1 billioj in exports to 122 nations.

Jobs paying $100K or more at WNY schools - Business First of Buffalo:

http://rethinkentertainment.com/productiondevelopment/getouttatownseasonii.html
• 76. Buffalo (lead communit superintendent), $129,000 • 76. West Senecaw (district treasurer), $129,000 • 80. Frontier (assistant superintendentt for instruction), $127,862 • 81. Williamsville $127,824 • 82. Clarence (elementary school $127,671 • 83. Salamanca $127,575 • 84. Grand Island (assistant superintendent for curriculumand instruction), $127,366 • 85. Williamsville (principal), $127,303 • 86. Bataviw (superintendent), $127,000 • 87. Amherst (assistant superintendent for administrativee services), $126,880 • 88. Williamsville (principal), $126,759 • 89. Genesee Valley (superintendent), $126,690 90.
Kenmore-Tonawanda (assistant superintendent for human $126,402 • 91. Grand Island (principal), $126,103 92. Fillmore (superintendent), $125,869 • 93. Eden $125,675 • 94. Orchard Park (assistant superintendenft for human resources), $124,788 95. West Seneca (assistant superintendent for personnel), $124,500 • 95. Williamsville (assistany superintendent for human resources), $124,500 • 95.
Williamsville (assistant superintendenty for technical services), $124,500

Busmaker Proterra eyes Charlotte region for plant - Business First of Louisville:

http://91ud.com/article/Money-Advice-Runs-Low-for-Minority-Women.html
Proterra founder and Chairman Dale Hill has so far disclosedc visiting sites in twoarea counties, including the former Alcoaw Inc. aluminum smelting plant in Stanly County. He also likes Iredellk County. Hill says his company needs “aw couple hundred thousand square feet” on 10 to 15 The value of suchan economic-development project hasn’t been disclosed. Hill is interested in Mooresville for its skilleedmotorsports workers. But the area lacksz existing buildings that fitthe bill, Hill says. The Alcow plant in Badin also has challenges. “Ig would take a lot of cleaninv up toconvert it,” Hill says.
“It couled be a candidate facility but not if we have to pay for all the The company, based in Colo., also is considering locations from Michigan to South Carolina for an East Coast plant. Regional economic-developmentr officials are interested in any manufacturing particularly one that could bring hundredsof “We’re doing what we can to make sure they take a hard look at Mooresville,” says Russ Rogerson, executive director of the “Theyu could become a significant manufacturer.” Economic-developmentr officials in Stanly County couldn’t be reached. Alcowa stopped refining aluminum in Badin in ending 95 years inthe county.
Hill, who founder Proterra in 2004, already has had some successes in producinhggreen buses. His earlier company, TransTeq, made hybrid buses that are used by the Denved RegionalTransit District’s 16th Street Mall Proterra has developed fuel-cell technology under several government The company operates from a 13,000-square-foot facility in the Coorsz Technology Center, where its research, engineering, development and prototypinvg functions are based. Hill, a formed Charlotte resident, says incentives will be key inthe company’s decisiobn on a site. Proterra will make its choicw withinsix months, he says.
An unidentified firm is leadingy Proterra’s site search and discussions about inducements, Hill “We will go where the incentivee are there toattract us.” The company was initiallyg recruited to the area for a potentialo hydrogen-powered light-rail or trolley system. Hill is scheduled to speak June 12 at the Fifth International Hydrail Conference in He says his company has the abilitty to build a transportation system that runs onhydrogen “igf we have a customer to do that.” So far, other alternative fuels have powered Hill’s buses. “Our predominantf market is battery-powered and fuel-cell-powered Its fuel-cell bus sells for $1.
7 million and its battery-electriv bus sells for $1.2 million, Hill says. Both have zero emissions. One of Proterra’se rivals, both for customers and federall funding, is now based in Charlotte: hybrid-electric busmakerd DesignLine International Holdings. A DesignLine bus currently costs about according tothe city, which plans to buy as many as 200 hybrides from either DesignLine or Gillig Corp. of San Franciscok by fiscal 2012.
QUICKm •Advocates of hydrogen-powered transportationn will meet at the Fifth Internationa Hydrail Conference onJune 11-12 at UNC •Walter Kulyk, director of the Officer of Mobility Innovation at the Federak Transit Administration, will be the keynotde speaker. •Other presenters include Dale Hill, chairmabn of Colorado-based Proterra, who has been scoutingv the region for amanufacturing site. •Details: hydrail.
org

Feds close First National Bank of Anthony - Wichita Business Journal:

http://some0ne.com/babies-toddler/news_2009-05-08-13-31-59-872.html
was closed by the on Friday night, and bought virtuallu all of its assets. The OCC said in a release that it acted after finding that Bank ofAnthonyg “had experienced substantial dissipation of assetsw and earnings due to unsafed and unsound practices.” The OCC said that the bank incurresd losses that depleted most of its capital and that therse was no reasonable expectation it could become adequately capitalizedx without federal assistance. First National Bank of Anthongy reporteda first-quarter return on assets of -12.7 The bank lost $5.1 million in the firsr quarter. The bank had six branch including one in Overland Park and one in that operated under the nameof .
The branches all reopeneed Saturday under the SNB Bank of Kansas name and are maintainingy normaloffice hours. First National Bank of Anthony had assetdof $156.9 million and depositws of about $142.5 million on Marcu 31. SNB Bank of Kansas paid about or 0.5 percent of total to buy First National Bank of Anthony’sz deposits, and SNB bought about $156.7 millio n of its assets. The retainee the remaining assetsfor disposition. SNB Bank of Kansas is basee in Hutchinson and has two branches there and one in It is a subsidiaryof (Nasdaq: a holding company based in Stillwater, with $2.9 billion in assets. The FDIC and SNB Bank of Kansaws entered into a loss share agreement onabouft $130.
5 million of First National Bank of Anthony’ assets. The FDIC estimated that the cost to the insurances fund willbe $32.2 million. Firsty National Bank of Anthony is the40th FDIC-insured institution to fail this year and the seconfd in Kansas; Paola-based failed on March 20.

North Carolina Attorney General wins court order against Peak Fitness - Triangle Business Journal:

dusinenezoqoc.blogspot.com
The purpose of the bondxs is to guarantee customer repayment if Peak Fitnessw runs into furtherfinancial troubles. All of the Peak Fitnese clubs are organized under a holding One group of fourRaleigh clubs, LLC, filed for Chapte r 11 bankruptcy in April. Cooper’s office, whicjh filed suit against the company on Wednesday, announced a consent judgment in the signed by Wake County Superioer Court Judge Paul Ridgeway.
Under the ruling, Peak Fitness won’t collect prepayments from customers until the companyh can secure bonds for each of its In addition, the company will be requirec to submit sworn statements of its liabilities to Cooper’sa office twice a This week’s court action isn’t Cooper’s first run-in with the company. In January his office won a first court order that “made substantial changes to customerf service, contracts and billings at all 28 (Peak health clubs across North Carolina,” accordiny to a statement released by Cooper’s office.
At the time, Peak Fitnes also agreed to designate a single poin t of contact to handle consumerf complaints and to give advancee notice to gym members and theAttorney General'd office when a health club closed or transfered memberships. The gym also agreex to purchase and maintainappropriate bonds. Sinc e the January action, Cooper’s office says, Peak Fitnesa has closed gyms in Charlotte, Garner, Knightdale, Raleighj and Winston-Salem. Cooper says it was in March that his officw received notification thatPeak Fitness' bonding company would be canceling all of the firm’s bondsz as of May 12.
That same he adds, his office failed to receive swornj statements from the company on all its clubsd and that the firm understated its liability byapproximately $2 million. “Peajk Fitness has not been able to secure replacement bonds,” according to Cooper’s statement. “ These bonde are required by state law to reimburse consumers if the healthj club closes and thecompany doesn't have monet to refund consumers who paid in advance.” In the past five Cooper's office says, it has received more than 500 complaintds regarding Peak-related health clubs.

Crate & Barrel

http://comviva.com/careers/openings_fr.htm
Crate & Barrel, based in Northbrook, Ill., confirmede May 27 that Atlanta is one of the metrpareas it’s scouting for potential locations for CB2. First launched in Chicago, the CB2 concept featuresd contemporary furnishings at lowerfprice points. The merchandise, whicyh includes sofas, hand-woven rugs, convertible beds and a broadetr selection of eclectichome décor, is focusexd more on the younger generation of Americaj consumers that rent apartments and smalpl urban lofts. Besides Chicago, privately owned Crates & Barrel has rolled out CB2 in New Yorkand California, includinhg a new store in Los Angeleas that opened in April.
Another CB2 is slated to open in Miami’sa South Beach later this a Crate & Barrel spokeswoman In all, Crate & Barrepl has launched just six CB2 Inrecent years, CB2 officials have been focusing on new locations in Southern California. The company tendzs to locate in areaswith high-profile regional shopping lifestyle centers and freestanding sites. CB2 officials have been looking in densely populated areas with an averagee household income in excess of Its prototype store isabout 12,000 square feet.
While Crat & Barrel would not confirm what partzs ofAtlanta it’s been considering, sources familiar with the search say it’x focused on Midtown and West where new residential and retail redevelopmenr projects are still under way. In Daniel Corp. and are developing 12th Midtown, a $2 billion mixed-use projec built on a site that several years ago was littlse more than an Atlanta nightclub and a couple ofparking lots. Daniel and Selig Enterprisesd have made a presentation to officialxs from CB2 in recent according to sources familiar withthe process. The projects will eventuallhy feature more than 3 million square feet of residentiall andcommercial space.
CB2 would be the first nationak retailer to locate on theMidtown Mile, a sectiomn of Peachtree Street that economic developmenrt boosters hope will eventually become a retail destination much like Madison Avenue in New York City or the Magnificen t Mile in Chicago. Daniel’s and Selig project is meant to be a cornerstonee of theMidtown However, ’s Colony Square and Jamestown’sx 999 Peachtree will also be key components, alonbg with 1100 Peachtree and 1180 Peachtree, to a lesser brokers and developers said. CB2 coulsd be an important catch for theMidtowj Mile.
Developers, however, really need to land a much larger anchore store to give theconcept momentum, said Marand a Walker-Dowell, a senior director with CB .’ s retail services group. Barney’s, which has a co-op store in Buckhead’d Phipps Plaza, has been scoutinf the area in the past year to18 months. “Ther Midtown Mile needs an anchor store to start creating that critical massof Walker-Dowell said.

CEO Ellison says Oracle might make netbooks - Boston Business Journal:

http://excursionsin.com/en/exotic-excursions/page_19.html
His comments came at a Sun conference for usersw of Java software which he also said could be used on Oracle (NASDAQ:ORCL) earlier this year agreed to acquire Sun for $7 billion. "I don't see why some of thosde devices shouldn't come from Sun," Reuters quoted Ellisonn as saying. "There will be computers that are fundamentallyu basedon Java." Netbooks are inexpensivre laptop computers designed to connect wirelessly and are used primarily for checkin g email and browsing the Web. The market for them is expectes to grow to betweem 20 million and 30 million units this up fromthe 11.7 million sold last year when theidr sales took off.
Most PC makers now have a netbooko model and if Oracle does get into the market it will go up againstthe . (NASDAQ:HPQ) (NASDAQ:DELL) and , whicj either make netbooks or develop softwarefor them. Acer said Tuesday it will make a laptop runninhon ’s (NASDAQ:GOOG) Androixd operating system instead of Microsoftr Windows, which most makers now use.

WaMu

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The renovations include about 30 branches in the TampawBay area, said Nancy Norris, a spokeswomann for Chase. Chase has hiredx contractors, who are currently hiring subcontractors for the Norris said. The branches slatexd for remodeling were builtwith WaMu’s patentexd “Occasio” design, intended to emulate a retaik store environment. Instead of standing behind the traditionalk windows withcash drawers, tellers help customers from kioskds in a circular layout and direcr those needing cash to machines.
Chase will eliminates the free-standing “teller towers” and cash-dispensing machines and replacse them with atraditional layout, includinf teller windows behind glass and offices wher e bankers can sit with customers to discuss Two Tampa branches, at 144 Westshors Blvd. and at 16069 Tampa Palms Blvd., servee as test locations and were remodeled in Februaryand March. They were not conducivwe to the traditional teller so they have a modifiec version of the designj that is planned for theremainingt branches, Norris said. The project raises a debatr aboutbanking styles. The traditional branches are more practicalo and more conduciveto privacy, Norrixs said.
But branches designee as retail stores allow banks to be more responsive tocustomerr needs, said John chairman and CEO of Piloty Bank. Since 2006, Pilot, a Tampa-based community has opened retail store-style offices in Temple Terrace and Lakeland with service islands fromwhicb “universal bankers” can serve any customed requirement. “It’s an environment where we can engage the have real conversationswith them, understand theid needs and be responsive to them,” said Chase aggressively pushes cross selling in its branches, industrh observers say. “It’s about transactions for Puffer said. “For us, its about interaction with our clients.
” Pilot plans to convert three other offices in Tampa to the Puffer said. JPMorgan Chase (NYSE: JPM) boughty most of WaMu’s banking operations for $1.9 billion in after the housing market downturn caused losses at what had been the larges thrift in the United States and it was seizefdby regulators. While Chase historically has had a strongb presence inthe state, including aboutr 3,800 people providing mostly back office functions at five offices in the Tampa area, the WaMu deal instantly elevatedf Chase to one of the larger retaiol banking players in the Florida banking market.
Even aftert closing 25 WaMu offices in Chase now has 247 branches in all but 20 of them branches that it picked upfrom WaMu. Only market leaders BAC), Wachovia, (NYSE: STI) and RF) have more branches. (NYSE: which bought on Dec. 31, has said it will rebrand the Wachoviw offices over the next three Chase has been rolling out the WaMuconversions gradually. In Marcj it rebranded 708 WaMu officezin California, spending $375 million. Another 700 branches in Georgia and other states are scheduled for conversion in thethird quarter, followeds by 800 more branches in the western Unitef States in the fourth quarter, according to a Februaryg presentation for investors by the bank.
With its push into Florida, Chasee named Rich Sawyer as retailmarket manager, overseeiny a branch network in Tampa, Orlando, the Space Coast and 55 branchess in the Atlanta area. Chase is expectede to detail its commercial banking strateghy for Floridanext month.