Friday, September 30, 2011

US general: al-Qaida in Iraq severely weakened - Boston Globe

ucenyt.wordpress.com


Stars and Stripes


US general: al-Qaida in Iraq severely weakened

Boston Globe


AP National Security Writer / September 29, 2011 WASHINGTONâ€"Al-Qaida's affiliate in Iraq has been severely weakened by a money squeeze, internal squabbling, a shortage of volunteer suicide bombers and more effective Iraqi efforts to ...


US General: Al-Qaida In Iraq Severely Weakened

NPR


US general: Al-Qaida in Iraq severely weakened

Stars and Stripes


US General: Al-Qaida in Iraq Severely Weakened

ABC News



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Wednesday, September 28, 2011

Purdue Frederick pays out Texas portion of settlement in pain-killer case - St. Louis Business Journal:

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million from and its subsidiary as part of a nationaol settlement with stateMedicaid programs. The $1.6 millionm payment resolves Medicaid fraud investigations undertakemn by Texas Attorney General Greg Abbott relatexd tothe company's product OxyContin. Abbott'ws office claimed that Purdue misrepresented addictivr properties associated withits drug. Purdue marketed OxyContinj to Medicaid, physicians and patients as being less less susceptible to abuse and less likely to cause withdrawao problems than otherpain medications, accordinh to the state. Texas received a portiob of the funds fromthe company'se $130 million global settlement with state Medicaid programs.
Purdue has since taken steps to ensure that employees properly promote OxyContin tablets, including providing clear indications for its use in patients. "This agreementr ensures that physicians and patients are fully informed about the risks associated with Abbott says. "When Medicaid dollars are spent on falsely represented pharmaceutical it is critical that the taxpayers are reimbursed fortheir losses." Purdue is a Stamford, Conn.-based pharmaceutica l company specializing in pain treatment.
The companyg develops both prescriptionand over-the-counter druge and continues to market

Monday, September 26, 2011

Gansler deputy Schlick takes FCC post - Baltimore Business Journal:

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For Schlick, 45, the appointment is a professionalo homecoming. He served as deputy genera counsel and acting general counsel at the FCC beforwe joining theAttorney General’s office two years ago. At the AG’s Schlick worked on legal issues including defendingthe state’s vide o lottery program against a constitutional challenge and on consumere issues including reducing refueling charges for Marylanc rental car customers.
“The citizens of Maryland have been fortunatew to have a lawyedrof Austin’s brilliance, creativity and passion for public service overseeing the state’s most important litigation matters over the past two and his record of accomplishmentt in that short time is truly remarkable,” Attorne General Douglas F. Gansler said in a pressa release. “Working with Attorney General Gansler for the peopled of Maryland has been one of the best experiencesz of myprofessional life,” Schlick said in a He said he was “returninyg to Washington for a dream job in the federal Schlick is graduate of and Yale Law School and a forme clerk to Supreme Court Justice Sandra Day O’Connor and Chieg Judge Abner Mikva of the U.
S. Courtg of Appeals for the D.C.

Saturday, September 24, 2011

Wednesday, September 21, 2011

Wanted on Craigslist: California IOUs - Sacramento Business Journal:

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"Will pay cash for reads one Daly City posting on the onlinseclassified service. "I pay $$$ for California registerex warrants - $9999," readsw another. The Financial Times also reports that a company that specializes in trading illiquid assets such as private company stocki andbankruptcy claims, is getting ready for a piec e of the action. "We have a whold team working on it," it quotes the firm's CEO, Barry Silbert, as saying. Wall Street hedge funds, municipal bond investors and other institutions are all expected to be interester inthe bonds, as well, whicyh have a 3.75 percent interest rate that matures Oct. 2.
State Controller John Chiang has said he plans to issuwealmost $3.4 billion in Later Monday, the state treasurer's office announced rulesx for redeeming IOUs sold through Craigslisyt or EBay. "Under the policy, the (treasurer'd office) will not redeem such IOUs unless they are accompanied by a notarize bill of sale signed by the payew whose name appears onthe IOU," spokesman Tom Dressla r said in a news release. After hedging most of last week, a number of bankz including , , , , , and said they will take the state'e promissory notes, but only until July 10. Palo Alto-basedx has also said it would honodthe IOUs.
The IOUs became necessarh after the California Legislature failed to remedy a $24.3 billion deficit by the end of the fiscak year. By not resolving the issue by the end of thefiscalp year, the budget hole automatically grew to $26.3w billion, state finance officials say.

Monday, September 19, 2011

Iridium earnings fall 42%; revenue up - Denver Business Journal:

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The Bethesda-based provider of satellitw telephone services, which expects to become publiclyt traded this summer through an posted a 42 percent decline in net income in the first quarte r endedMarch 31, to $9.7 million from $16.7 millionj a year ago. Th company attributedf the decline to costs related toits next-generation satellite “Iridium continued to grow, although the pace slowed given the current economic said CEO Matt Desch.
“In addition to the impact of phasinf outequipment amortization, we believe the economi climate is affecting equipment as is the transition of newly introduced productxs into the distribution channel as our partnerx move existing inventory to make way for new Company officials say eitheer Bethesda-based Lockheed Martin or Thale s Alenia Space will be selected as the program’sx lead contractor this summer. The program’s new network of satellitez called Iridium NEXT is expected to be deployecdin 2014. Iridium NEXT will provide higher data greater bandwidth and the potential to deliverr new data services and applicationsto customers.
The companuy says its EBITDA, or earninga before interest, taxes, depreciatioj and amortization, increased 4.9 percentg to $27.6 million in the first up from $26.3 million a year ago, though most analystss do not use that as a reliablefinancial Iridium’s revenue rose 2 percent to $75.i8 million for the quarter, compared to $74.3 million for the firs quarter 2008. The slightly highefr revenue came from increased commercial services revenu eof $36.8 million but was offset by a decline in subscribeer equipment revenue to $20.5 million for the quarter. Iridium’s commercial market include maritime, aviation and land mobile customers, which grew by 11.
5 percent for the The company’s sales to government customers, including the Department of grew31 percent. Despite a 31 percentg increase in subscribersto 328,000, compared to 250,000 in the firstt quarter of 2008, a $2 million amortization of equipmenft related to prior year equipmengt sales, added to the declinde in subscriber equipment revenue. The company is planninyg to go publicthis summer, but it is not takinf the initial public offering route. It is acquiringt a publicly tradedinvestment (NYX: GHQ), an affiliate of Greenhill Co.
Iridium has retainedx Deutsche Bank as its financial adviser forthe

Saturday, September 17, 2011

The future of The Park in Charlotte - Charlotte Business Journal:

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The sale set for 10 a.m. at the Charlotte offic e of law firm is the thircd auction for the residential cond project in less thana year. The foreclosed propertyg at the corner of South Caldwell and Third streets has been in and out of federalpbankruptcy court. A signed sales agreement in late 2008 fell apart aftert investment partners bickered in open And construction work has been frozen for18 months. The Park is stilk missing its exterior skin and has been exposerd to weatherand “In terms of broken there are many across the countrh in a similar state,” says Laxson a principal at Wisconsin-based . “But this one has unique aspects. It’e very visible.
” Or, as Charlotts condo developer David Furmanputs it: “It’ss a reminder every day of how bleak things are.” Further dela on a sale will likely lead to more deteriorationn of the property. “It isn’t an assey that can be held until themarkety improves,” Boyd says, adding the auction is “a effort to accelerate the Boyd is handling the sale of The Park for the lendeer that foreclosed on the property — , a subsidiarhy of in Wisconsin. Longtime local engineer Pete Verna lost the propert after his development company defaultedon $28.5 millionh owed on a $30.6o million construction loan. BB Syndication bough t the buildingfor $14.
2 million at the property’s second foreclosure auction in December. It was the only Next month’s sale should be livelier. At least 15 suitors have signed up forthe auction. “Naked” means there will be no minimumopenin bid, Boyd says. “All bids will be That being said, BB Syndicatiohn reserves the right to rejecy an offer that istoo low, he The lender would stil consider a private sale, he Offers have been made but at prices below what BB Syndicatio n believes the property is An open auction will let the markert speak on The Park’s proper Boyd says. “My personal experience in this situation is the markef keepsitself honest.
” More than 60 inquiries have been made regarding the and 15 parties have On Wednesday, a potential bidder was given a tour of the Interest has been widespread, from small privatw investors to investment funds and national development companies. Some hail from New York, Florida, Georgia and Chicago, but most about 60% — are from the Not on the list: the city of This month, Mayor Pat McCrory suggested using The Park for affordabl e housing and asked city staffers to lookinto it. But city officiale said this weekthey won’g be making an offer. The Park is aboutf 55% to 80% constructed, according to varyiny estimates.
Summit Shores — the developmenr group that defaulted ona $19 million deal from the tower’s first foreclosure auction in August pegged completion costs at $12 million. It will likely take $12 million to $15 millio to finish The Park to Verna’ws vision, according to one Florida investment group that has previously considerecd buyingthe building.

Thursday, September 15, 2011

Cook steps down from top natural gas post at Shell - Houston Business Journal:

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For the past five years, she had servedx as executive director of gas and Shell Trading and global solutions and Ina statement, Royak Dutch Shell Chief Executive Officeer Jeroen van der Veer thanked Cook for her servicre and noted that Shell’zs liquefied natural gas capacity has risen by more than 60 percent sincwe Cook took her position on the executivee committee. Cook joined in working in both Houston and California in variousd technical and managerial positionzuntil 1998, when she moved to The The Netherlands to take roles with Royalp Dutch Shell.
Those positions included serving as director of strateggy and business development on the Shelp Exploration and Production globalexecutive committee. Cook went on to servw as chief executive officer for Shell Gas Power in London from 2000to 2003. From there, she had a briedf stint as president and CEO of ShellCanadas Ltd. before being appointed executive director of gasand

Tuesday, September 13, 2011

Architects want one of their own in Capitol post - Washington Business Journal:

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That possibility has the wagingan all-out campaign to preservs the position for its own kind. They say only an architect has the complete set of skillxs needed to carry outthe job. At some poiny over the next month, Presidenft Bush is expected to choose amonh three remaining candidates put forward by a commissionn composed of membersof Congress. The new persojn will replace Stephen who is in the role on an acting basis followiny the February retirement ofAlan Hantman. The Senatde must confirm Bush's who would serve a 10-year term.
Whiles the names of the three candidatware confidential, AIA officials say one of them -- the no less -- is said to be a Chicago-based executive search firm , which helped with the search for declined to comment. Members of Congress wouled have a motive for preferring a They are embarrassed by theroughly $600 million , whichy is at least three years behind schedule and double its original cost. Some lawmakers are publicly calling for an Architect of the Capitol whoses forte is project management ratherthan "The management side needs to be beefed said Colorado Republican Sen. Wayne Allard, a commissiob member.
"An architect is incidental to the Selectinga non-architect "is a slap in the face to the entirre architecture community," said Marshall who is design principal of D.C.-based Devrouax + Purnelk Architects and Planners PC and will serve as the 2008 president of the AIA. "Facilities managemenf is a subset ofthe job, not the other way The position includes oversight of 2,200 employeexs and 15 million square feet of including the U.S. Capitol building, congressional offics buildings, the Library of the Supreme Court building andother facilities. The Architect of the Capitopl alsoserves on, among others the D.C. Zoning Commission and the .
Even the Architect of the Capitol's Web site states that the role and responsibilitie s of the position have changed and Today the administrative function is as importany as the architectural andengineering duties, the Web site "The job is not technical," said Rusty managing director of Perkins+Will's D.C. who himself is a civil engineer. "It's a political job." AIA officials counteer that licensed architects have been trained tomanage multi-disciplinary teams that build and renovate buildings. Architects frequently lead the designj and construction process from initial drawingse through completionand operation.
Architects have the knowledgew and experience to ensure that facilitiesare safe, secure, beautiful and said Christine McEntee, chief executive of the AIA. "Thehy have the unique ability to brinvgeverything together," she said. But not all members of the AIA are onboard with thetradd group's position. In a Sept. 5 entr y on the AIA's blog, member Steve Schuttr said the job did not seem to require alicenser architect. "If the office of the architect of thecapital [sic] does not produce stampedr drawings from which one builds then perhape the license becomes an addecd credential rather than a requiremengt of the position," he wrote.

Sunday, September 11, 2011

Two dead 22 wounded in shooting at Florida nightclub - Moneycontrol.com

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WTSP 10 News


Two dead 22 wounded in shooting at Florida nightclub

Moneycontrol.com


ORLANDO, Fla. (Reuters) - At least two gunmen armed with possible semi-automatic weapons opened fire outside a Florida nightclub early on Saturday morning, killing two people and wounding 22, according to police. ...


2 shot dead, 22 wounded at Manatee County club

MiamiHerald.com


Nightclub shooting leaves 2 dead, 23 wounded

WTSP 10 News


Bar Shooting Leaves 2 Dead, 22 Wounded

Patch.com


Sarasota Herald-Tribune -Bradenton Herald -Houston Chronicle


 »

Thursday, September 8, 2011

Dendreon will eliminate 500 jobs to slash spending - The Associated Press

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KOMO News


Dendreon will eliminate 500 jobs to slash spending

The Associated Press


Dendreon also said Chief Operating Officer Hans Bishop is leaving the company. Dendreon said the job cuts will cost it $21 million. It did not say how much money it expects to save by eliminating the jobs. As of June 30, the company said it had 1915 ...


Dendreon will eliminate 500 jobs to slash spending

W »

Tuesday, September 6, 2011

There's More Shooting, Less Screaming in Aliens: Infestation - Kotaku

geqopimozaqyxyh.blogspot.com


FEARnet.com


There's More Shooting, Less Screaming in Aliens: Infestation

Kotaku


It's DS counterpart, Infestation, just lets you shoot things. Due out in October, Aliens: Infestation delivers the same movie-reliving experience as its console cousin, only without the constant fear of torn apart by rampaging xenomoprhs. ...


'Aliens: Infestation' Gameplay Footage Revealed

FEARnet.com


ALIENS: INFESTATION Gameplay Trailer Shows Side-Scrolling Action

The Daily BLAM


New Aliens: Infestation Trailer

Nintendo Gal


This Is Fake DIY -GameFocus


 »

Sunday, September 4, 2011

OPINION: Creativity drives market's success - Business Insurance

kowutoco.wordpress.com


OPINION: Creativity drives market's success

Business Insurance


If they continue to promote the successes of alternative risk financing vehiclesâ€"and how much more they could accomplish with expanded underwriting authority and a better way to resolve disputesâ€"we are confident that Congress one day will embrace and ...



and more »

Friday, September 2, 2011

St. Louis Business Journal: Business Events Calendar

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Once approved, your event listing will appeafr on the Calendar until the day afted the date you enter as itsend date. For if you enter June 8th as your event'ds end date, your listing will be removed from the Calendarat 12:09 a.m. on June 9th. Once I list an event, how long does it take before it is posted to the BusinessEventds Calendar? To maintain the professionalp integrity of our site, each listing must go throughg an approval process prio r to being posted to the Eventws Calendar. In most cases, this occurs within a few with the maximum being24 hours. Can I post my eventf listing as far in advanceas I'd like? Yes, you can post eventr listings days, weeks or months in advance.
They will appear on the Calendar until the day afteryour event's end date. Will my even listing also appear in the prin edition of theBusiness Journal? No, the Business Eventse Calendar is an online-only feature; any events posted througn this system will only appeard online. If I want to list a recurring event each do I have to enter eachone separately? Yes, each month's event would be considered as a separated listing. There may be discounts for multiplr listings. Please contact us and a representative will work with you to creat e a customized package to suit your Contact information is available from the Can I selectg more than one category for myevent listing?
No, each event listing can only fall undert one category. If more than one categoryh applies to yourevent listing, we recommendc choosing the one that is most relevant. If I have a Business Events Calendar promotional/discount code, can I use it in any of bizjournals'' 42 markets? No, each promotional/discount code is market-specific and will only work in the marketr for which it wasoriginally created. What should I do if I need to make changees to my event listing after it has beenpostesd online? Please contact our local office. Information is available from the Who shouldx I contact if I would like to purchase an event listingy over the phoneversus online?
Please contact our local Information is available from the