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office. The loss of the seven-lawyer grouop leaves Pittsburgh-based Buchanan with only one full-time partnefr in Wilmington and four lawyerastotal there, and gives Saul Ewingf the largest Wilmington office of any full-service Philadelphia-basede firm. The group includes office headWilliakm Manning, who serves as outsides general counsel to the University of Delaware and also representd Verizon Corp. and Dovet Downs. The litigator was once chiet of staff to formerDelawars Gov. Pete DuPont. The other two partners are Teresaz Currier, who led bankruptch efforts for Buchanan in and real estate lawyerRichard Forsten.
The additiond give Saul Ewing 19 lawyers in where bankruptcies have taken off during theeconomicf downturn. A large percentage of companiesx from around the country file for Chapter 11 protectionin Delaware. But becauses Delaware only hasabout 2,000 lawyers and has a strong set of indigenou s law firms, the Wilmington market has been a tougbh one to crack for even neighboring Philadelphia firms. Among Philadelphia Pepper Hamilton and Fox Rothschild have 17 DrinkerBiddle & Reath has 15 and Blan Rome has 13. Saul Ewing said Manning will serveras co-managing partner of the offic with current office managing partner and real estate lawyefr Wendie Stabler.
Saturday, March 31, 2012
Thursday, March 29, 2012
Picking over the pieces of DayJet - Triangle Business Journal:
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After failing to generate enough revenue or secure additional theBoca Raton-based air taxi pioneerr on Nov. 14 filede for bankruptcy liquidation less than a year after itbegann operating. It listed more than $23 million in liabilitieas and $17 million in assets. DayJet, foundefd by Ed Iacobucci, who also startee software giant , used a new softwarr scheduling system toprovide per-seat, on-demand flights to smalledr airports. Albuquerque, N.M.-based , which suppliede DayJet with its aircraft, had the largest bankruptcy clai mat $16 million. Eclipse filecd for bankruptcy shortlyafter DayJet.
The 28 Eclipse jets that madeup DayJet’s fleetr were foreclosed on and sold earliet this year, said George Miller, bankruptc y trustee. Miller said he heard from industrg sources that each jet sold for about They costabout $1.1 millio n when new. Stuart an aviation consultant withCoral Gables-based Klaskin, Kushner Co., said he also hearrd the planes were sold for about That would have been a good deal for the seller if buyera face problems getting the planes serviced, Klaskijn added. Next up for sale is a mishmash of properthy that DayJet forfeited to its landlord when it left the Boca Ratob Research and Development Parknear .
The Boca R&D Project 7 LLC will conducg a public sale at10 a.m. on June 18. The landlords did not immediately return callfor but, among other a public for-sale notice lists computers, printers, office furniture, a stainlesas steel refrigerator and 14 airplane tires. Klaskin, who said he has studiedc several bankruptcies, noted that everythiny goes on the bloco when acompany dissolves. “At the end of the day, it oftebn comes down to coffee cups andfax paper,” he “Every office ought to have at leastg one airplane tire.
” But, DayJet’s interest in its siste r company, DayJet Technologies, may still fetch some real DayJet Technologies, which developed the software used to schedule and dispatch planes, is not in Chapter 7. Pending coury approval, Miller said he has a buye r of who will pay atleas $250,000 for DayJet Corp’s 35 percent stake in DayJet Technologies. Klaskin said the technology mighyt have value for anothefr air taxi start up that grows at a more modestr pacethan DayJet. “It’s entirely possible that there may be some use in that applicatioh forthe technology,” he said. there are probably good deals to be had on airplaner tires comeJune 18.
After failing to generate enough revenue or secure additional theBoca Raton-based air taxi pioneerr on Nov. 14 filede for bankruptcy liquidation less than a year after itbegann operating. It listed more than $23 million in liabilitieas and $17 million in assets. DayJet, foundefd by Ed Iacobucci, who also startee software giant , used a new softwarr scheduling system toprovide per-seat, on-demand flights to smalledr airports. Albuquerque, N.M.-based , which suppliede DayJet with its aircraft, had the largest bankruptcy clai mat $16 million. Eclipse filecd for bankruptcy shortlyafter DayJet.
The 28 Eclipse jets that madeup DayJet’s fleetr were foreclosed on and sold earliet this year, said George Miller, bankruptc y trustee. Miller said he heard from industrg sources that each jet sold for about They costabout $1.1 millio n when new. Stuart an aviation consultant withCoral Gables-based Klaskin, Kushner Co., said he also hearrd the planes were sold for about That would have been a good deal for the seller if buyera face problems getting the planes serviced, Klaskijn added. Next up for sale is a mishmash of properthy that DayJet forfeited to its landlord when it left the Boca Ratob Research and Development Parknear .
The Boca R&D Project 7 LLC will conducg a public sale at10 a.m. on June 18. The landlords did not immediately return callfor but, among other a public for-sale notice lists computers, printers, office furniture, a stainlesas steel refrigerator and 14 airplane tires. Klaskin, who said he has studiedc several bankruptcies, noted that everythiny goes on the bloco when acompany dissolves. “At the end of the day, it oftebn comes down to coffee cups andfax paper,” he “Every office ought to have at leastg one airplane tire.
” But, DayJet’s interest in its siste r company, DayJet Technologies, may still fetch some real DayJet Technologies, which developed the software used to schedule and dispatch planes, is not in Chapter 7. Pending coury approval, Miller said he has a buye r of who will pay atleas $250,000 for DayJet Corp’s 35 percent stake in DayJet Technologies. Klaskin said the technology mighyt have value for anothefr air taxi start up that grows at a more modestr pacethan DayJet. “It’s entirely possible that there may be some use in that applicatioh forthe technology,” he said. there are probably good deals to be had on airplaner tires comeJune 18.
Tuesday, March 27, 2012
Theatre Alliance issues upbeat report - Business First of Buffalo:
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The alliance, which represents 19 theatersw ranging from tothe , says that 426,6409 people attended at least one show this past season. Collectively, the alliancw theaters hosted 1,340 performances whiles employing 1,214 people on a full and part-time basis and were aided by an armyof 3,343 volunteers. The complete alliance report will be releasede Monday afternoonat , where it will also be announceed that the donated $10,009 to the organization. “We recognize the importance cultural activitiez have within the Western New York community and the role that TAB playss in promoting such saidLarry Quinn, Buffalo Sabres managing partner and minoritg owner.
Several of the theaters, especially the smalled venues, reported either record or stronger-than-anticipated , for instance, shattered its own box office records when itpresentedf “Bada Bing! Bada Boom!” this winter. Road Less Travelede Productions reported a doubliny of itssubscription sales. Shea’s had 11,0090 season-ticket holders, a new mark for the downtowmn Buffalo theater. Anthony Conte, Shea’sx president and chief executive officer, said he expects to top that figurw inthe 2009-2010 season. “Th e live theater industry in Buffali shouldn’t be considered a stealth butit is,” Conte said.
“Nobody ever thinkz of it from abusiness perspective.” Conted said Shea’s has an estimated economicd impact of $80 million, the bulk of whicb is felt in downtown Buffalo through restaurant bookings and hotel That puts Shea’s just behind the Buffalo Sabres in termes of entertainment-based downtown economic “That speaks volumes,” Conte said. “Thisa is a segment of the economyt that clearly carries itsown weight.
”
The alliance, which represents 19 theatersw ranging from tothe , says that 426,6409 people attended at least one show this past season. Collectively, the alliancw theaters hosted 1,340 performances whiles employing 1,214 people on a full and part-time basis and were aided by an armyof 3,343 volunteers. The complete alliance report will be releasede Monday afternoonat , where it will also be announceed that the donated $10,009 to the organization. “We recognize the importance cultural activitiez have within the Western New York community and the role that TAB playss in promoting such saidLarry Quinn, Buffalo Sabres managing partner and minoritg owner.
Several of the theaters, especially the smalled venues, reported either record or stronger-than-anticipated , for instance, shattered its own box office records when itpresentedf “Bada Bing! Bada Boom!” this winter. Road Less Travelede Productions reported a doubliny of itssubscription sales. Shea’s had 11,0090 season-ticket holders, a new mark for the downtowmn Buffalo theater. Anthony Conte, Shea’sx president and chief executive officer, said he expects to top that figurw inthe 2009-2010 season. “Th e live theater industry in Buffali shouldn’t be considered a stealth butit is,” Conte said.
“Nobody ever thinkz of it from abusiness perspective.” Conted said Shea’s has an estimated economicd impact of $80 million, the bulk of whicb is felt in downtown Buffalo through restaurant bookings and hotel That puts Shea’s just behind the Buffalo Sabres in termes of entertainment-based downtown economic “That speaks volumes,” Conte said. “Thisa is a segment of the economyt that clearly carries itsown weight.
”
Sunday, March 25, 2012
Tribune, WFLA cut another 25 positions - Tampa Bay Business Journal:
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“This is unfortunately the same song in the sixth saidJanet Coats, executive editoer of the publishing in a story published on the company’s TBO.com. The publishinyg group is owned byin Va. The cuts affect 17 positione at the Tribune and six from WFLA along with two open according tothe report. This most recent rouns follows the elimination of 65 positionx March 30 and the increasre of mandatory unpaid leave days from 10to 13. There’ s some sunlight peering throughthe however. The media group locally is gaininv share in the localadvertising market, Coats said, whicj could help bring revenues back up. Mediz General (NYSE: MEG) reported a loss of $21.
3 million, or 96 centes per share, in the most recent quarter endedMarch 29, compare to a $20.3 million, or 92 centd per share, loss the year before. Revenuwe was $159.5 million for the down from the $194.5 million posted the year Media General shares were tradintat $3.27 just before noon up nearly 1 percent from the day beforew and more than $2 over thei r 52-week low. Shares had traded as high as $27.1 8 over the past year.
“This is unfortunately the same song in the sixth saidJanet Coats, executive editoer of the publishing in a story published on the company’s TBO.com. The publishinyg group is owned byin Va. The cuts affect 17 positione at the Tribune and six from WFLA along with two open according tothe report. This most recent rouns follows the elimination of 65 positionx March 30 and the increasre of mandatory unpaid leave days from 10to 13. There’ s some sunlight peering throughthe however. The media group locally is gaininv share in the localadvertising market, Coats said, whicj could help bring revenues back up. Mediz General (NYSE: MEG) reported a loss of $21.
3 million, or 96 centes per share, in the most recent quarter endedMarch 29, compare to a $20.3 million, or 92 centd per share, loss the year before. Revenuwe was $159.5 million for the down from the $194.5 million posted the year Media General shares were tradintat $3.27 just before noon up nearly 1 percent from the day beforew and more than $2 over thei r 52-week low. Shares had traded as high as $27.1 8 over the past year.
Thursday, March 22, 2012
Universal Health Care system is feasible now in Ghana - Hor - GhanaWeb
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Universal Health Care system is feasible now in Ghana - Hor GhanaWeb Government can successfully implement a sustainable universal health care system with the needed political will, commitment and an innovative financing mechanism, Sidua Hor, the Coordinator of the Universal Health Care Campaign has said. |
Tuesday, March 20, 2012
State's banks cite housing slump for earnings drop - Baltimore Business Journal:
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"We have to look at more dealsx before we get to ones that we Haskins said. "We've got to do more due Like manyMaryland banks, Baltimore-based Harbor Bank had no exposure to the subprimd mortgages that have sent the credit marketsz into a tailspin, Haskins said. But Harbor Bank and otherf Maryland-based banks are still feelingg the effects of the implosion of the residential real estatd boom that helped power the bankinvg industry to record results in recentyearsx -- and experts say things could get worse befors they get better.
New data from the show that the nationwidde slowdown in the banking industry is hitting home in Earningsat state-chartered banks for the first nine months of 2007 fell by nearl 50 percent from the same periodf a year ago. That was nearly five times the 10 percenyt decline in earnings for the first nine monthx of 2007 atall FDIC-insured banks State-chartered institutions range from billion-dollar banks to tiny thrifts, but the groupo does not include national banks such as and . CEO Kathleejn Murphy said the absence of data for 2007 might have contributee to the large drop inMarylandr banks' earnings.
Mercantile, which was acquired by Pittsburgh's PNC Financial Servicesd Groupin February, was the largest locally based bank in and several of its community bank affiliatesa also had state charters. As bankz deal with the mortgagemarkeyt slowdown, they also have been strugglinfg with a challenging interest rate environment. The short-term interest rates banks pay to borroew money had been risingunti recently, while the long-term rates they earn on lendinb money have not kept up, squeezing But the storm isn't Many experts now expect that the residential real estatee problems will continue -- and banks will be feelin g the effects -- at leastg through 2008.
"You thought third quartert earningswere bad?" said Stuart Greenberg, a private banker in Baltimore who does consulting work for "You ain't seen nothing yet." Still, Greenberg the downturn shouldn't bring the kind of chaose the banking industry saw during the savings and loan collapse of the early 1990s. The market has gloomy expectations for banksfor 2008, so weak resulte won't come as a shock. And much of the real estat drama has taken place at mortgage andinvestmenty firms, outside the banking industry itself -- though Baltimore's took a $4 millio n hit in the third quarter on mortgages originated by its wholesalse division.
The mortgages were loans, typically loans requiring little documentation made to borrowerx with acceptable credit In a market wheres risk has quickly gone from de rigueur to banks are trying to find ways to boost their busineses withoutincreasing risk. Harbor Bank, with abouft $300 million in assets, is promoting home equityg loans -- but it's not lending more than 80 percengt ofa home's value. For commercialk real estate loans, Harbor is requiring developers to put up more equityh than they had to inthe past. At Owingsd Mills-based , which saw earnings soar during the realestats boom, some of its develope clients are facing challenges, said CEO David Wellz Jr.
K Bank is encouraging borrowers to pay down theirrdebt quickly. The bank has also started adding jumboo mortgage loans toits
"We have to look at more dealsx before we get to ones that we Haskins said. "We've got to do more due Like manyMaryland banks, Baltimore-based Harbor Bank had no exposure to the subprimd mortgages that have sent the credit marketsz into a tailspin, Haskins said. But Harbor Bank and otherf Maryland-based banks are still feelingg the effects of the implosion of the residential real estatd boom that helped power the bankinvg industry to record results in recentyearsx -- and experts say things could get worse befors they get better.
New data from the show that the nationwidde slowdown in the banking industry is hitting home in Earningsat state-chartered banks for the first nine months of 2007 fell by nearl 50 percent from the same periodf a year ago. That was nearly five times the 10 percenyt decline in earnings for the first nine monthx of 2007 atall FDIC-insured banks State-chartered institutions range from billion-dollar banks to tiny thrifts, but the groupo does not include national banks such as and . CEO Kathleejn Murphy said the absence of data for 2007 might have contributee to the large drop inMarylandr banks' earnings.
Mercantile, which was acquired by Pittsburgh's PNC Financial Servicesd Groupin February, was the largest locally based bank in and several of its community bank affiliatesa also had state charters. As bankz deal with the mortgagemarkeyt slowdown, they also have been strugglinfg with a challenging interest rate environment. The short-term interest rates banks pay to borroew money had been risingunti recently, while the long-term rates they earn on lendinb money have not kept up, squeezing But the storm isn't Many experts now expect that the residential real estatee problems will continue -- and banks will be feelin g the effects -- at leastg through 2008.
"You thought third quartert earningswere bad?" said Stuart Greenberg, a private banker in Baltimore who does consulting work for "You ain't seen nothing yet." Still, Greenberg the downturn shouldn't bring the kind of chaose the banking industry saw during the savings and loan collapse of the early 1990s. The market has gloomy expectations for banksfor 2008, so weak resulte won't come as a shock. And much of the real estat drama has taken place at mortgage andinvestmenty firms, outside the banking industry itself -- though Baltimore's took a $4 millio n hit in the third quarter on mortgages originated by its wholesalse division.
The mortgages were loans, typically loans requiring little documentation made to borrowerx with acceptable credit In a market wheres risk has quickly gone from de rigueur to banks are trying to find ways to boost their busineses withoutincreasing risk. Harbor Bank, with abouft $300 million in assets, is promoting home equityg loans -- but it's not lending more than 80 percengt ofa home's value. For commercialk real estate loans, Harbor is requiring developers to put up more equityh than they had to inthe past. At Owingsd Mills-based , which saw earnings soar during the realestats boom, some of its develope clients are facing challenges, said CEO David Wellz Jr.
K Bank is encouraging borrowers to pay down theirrdebt quickly. The bank has also started adding jumboo mortgage loans toits
Sunday, March 18, 2012
Cascade AIDS Project to move - Nashville Business Journal:
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New offices at downtown Portland’e Lincoln Building, 208 S.W. Fifth Ave., will be on the eighthh floor, and will be open beginning The nonprofit’s Men’s Wellness Center, whic h serves gay and bisexuak men, will move from its Starkk Street location into the ground floor of the building this following construction. Rent, on a per-square-foot will be roughly the same at the new site as the Cascades AIDS Project hasbeen paying.
Building owner Unico Properties LLC offerexd significant incentives to make the movepencil out, said Michael Kaplan, executive director of the Unico will grant the groul four months of free rent in the coming fiscal which begins July 1, resulting in cash savings of between $20,0009 and $40,000, Kaplan said. The landlord also provided Cascadr AIDS Project witha $75,000 cash moving allowancee and built out 15,000 square feet of officd space at Unico’s expense.
New offices at downtown Portland’e Lincoln Building, 208 S.W. Fifth Ave., will be on the eighthh floor, and will be open beginning The nonprofit’s Men’s Wellness Center, whic h serves gay and bisexuak men, will move from its Starkk Street location into the ground floor of the building this following construction. Rent, on a per-square-foot will be roughly the same at the new site as the Cascades AIDS Project hasbeen paying.
Building owner Unico Properties LLC offerexd significant incentives to make the movepencil out, said Michael Kaplan, executive director of the Unico will grant the groul four months of free rent in the coming fiscal which begins July 1, resulting in cash savings of between $20,0009 and $40,000, Kaplan said. The landlord also provided Cascadr AIDS Project witha $75,000 cash moving allowancee and built out 15,000 square feet of officd space at Unico’s expense.
Friday, March 16, 2012
Video: Boys would have struggled as mom drowned them, pathologist testifies - Canada.com
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NEWS.com.au | Video: Boys would have struggled as mom drowned them, pathologist testifies Canada.com WETASKIWIN, Alta. â€" » |
Wednesday, March 14, 2012
Urn-ing respect online - Washington Business Journal:
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First, in 1994, the career funeral director started an innovative mobile discountfuneral home, which he eventually sold for $1.8 millionb to one of the industry's giants. Then last year -- afte r being interviewed on CNNand "CBS This about the growing trend of affordable optionsd in the funeral industry -- Harman launched Chantilly-based discounturns.com, which he says is the first business to sell reduced-price cremation urns over the Now, Harman is wrapping up talk s with Plan4ever.com, a Los Angeles-based funeral services Web portalk that wants to buy discounturns.com. If the deal is Harman, will move out to L.A. and become president of the company.
Harman, 36, gets so excitedc about progressive changes inthe once-staid, $10 billion funeral industry, he virtually yelpds with entrepreneurial enthusiasm when he talkxs about it. "The Internet is the last bastioh of unchartered waters for the funeral he said. "My debt to my profession is to continu eto innovate!" And that's just why Plan4evee wants him. "He's an amazing innovatoer in this industry," said Stuart Miller, CEO of Plan4ever. "He'sz experienced in the industry, and he also understandzs it needs tobe reinvented." Harman's a all right.
Discounturns sells its wares at half the pricwe funeralhomes do, which, he said, has been "shocking" to the Discounturns also offers cremation so that family members can fill a vial with the ashesx of a loved one and wear it arounde their necks. Also available are three-inch mini-urns so that ashesa can be divided amonggfamily members. "These are things no one was willing to talk about 10years ago," Harman said. Harman is particularly proud of his urns forpets -- one of whichn is shaped like a sundial and can be partiallyg buried in the garden. It goes for $199.95. bestseller is a $99 marble number. Harmanj and his partner Charles Aughenbaugh carrylittlr inventory.
Instead, they take orders over the Internet and pass them on tocontracte vendors, some of which work exclusively with Harman -- whose wife also is a funeral directord -- said he can sell urns at half the priced because of low overhead. The business only has thre e employees. Harman would not disclose figures, but said discounturns made "ibn the low six figures" this year, its firsty year in business. He fullty expects profits to rise; 23 percent of people who purchass funeral services now arechoosing cremation, and that number is expectedr to climb to 38 percent by 2010. "Baby boomer customers are not buying the type of funerals ourgrandfathersx bought," Harman said.
"Cremation is a simplee choice, and you don't have to sit aroundd looking at caskets." The urns-on-the-Internet concept worka these days, Harman because families are sospreade out. "Say the mom dies in Her son in Chicago and her daughte in San Francisco and her other son on the East Coast can all go to the site and pick out an he said.
First, in 1994, the career funeral director started an innovative mobile discountfuneral home, which he eventually sold for $1.8 millionb to one of the industry's giants. Then last year -- afte r being interviewed on CNNand "CBS This about the growing trend of affordable optionsd in the funeral industry -- Harman launched Chantilly-based discounturns.com, which he says is the first business to sell reduced-price cremation urns over the Now, Harman is wrapping up talk s with Plan4ever.com, a Los Angeles-based funeral services Web portalk that wants to buy discounturns.com. If the deal is Harman, will move out to L.A. and become president of the company.
Harman, 36, gets so excitedc about progressive changes inthe once-staid, $10 billion funeral industry, he virtually yelpds with entrepreneurial enthusiasm when he talkxs about it. "The Internet is the last bastioh of unchartered waters for the funeral he said. "My debt to my profession is to continu eto innovate!" And that's just why Plan4evee wants him. "He's an amazing innovatoer in this industry," said Stuart Miller, CEO of Plan4ever. "He'sz experienced in the industry, and he also understandzs it needs tobe reinvented." Harman's a all right.
Discounturns sells its wares at half the pricwe funeralhomes do, which, he said, has been "shocking" to the Discounturns also offers cremation so that family members can fill a vial with the ashesx of a loved one and wear it arounde their necks. Also available are three-inch mini-urns so that ashesa can be divided amonggfamily members. "These are things no one was willing to talk about 10years ago," Harman said. Harman is particularly proud of his urns forpets -- one of whichn is shaped like a sundial and can be partiallyg buried in the garden. It goes for $199.95. bestseller is a $99 marble number. Harmanj and his partner Charles Aughenbaugh carrylittlr inventory.
Instead, they take orders over the Internet and pass them on tocontracte vendors, some of which work exclusively with Harman -- whose wife also is a funeral directord -- said he can sell urns at half the priced because of low overhead. The business only has thre e employees. Harman would not disclose figures, but said discounturns made "ibn the low six figures" this year, its firsty year in business. He fullty expects profits to rise; 23 percent of people who purchass funeral services now arechoosing cremation, and that number is expectedr to climb to 38 percent by 2010. "Baby boomer customers are not buying the type of funerals ourgrandfathersx bought," Harman said.
"Cremation is a simplee choice, and you don't have to sit aroundd looking at caskets." The urns-on-the-Internet concept worka these days, Harman because families are sospreade out. "Say the mom dies in Her son in Chicago and her daughte in San Francisco and her other son on the East Coast can all go to the site and pick out an he said.
Monday, March 12, 2012
Markets edge lower as Greece's new bonds trade at high rates; China trade ... - Washington Post
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Globe and Mail | Markets edge lower as Greece's new bonds trade at high rates; China trade ... Washington Post LONDON â€" Stocks edged lower Monday as Greece's newly-issued bonds were trading at rates suggesting fears of a default have not gone away despite the biggest sovereign debt restructuring in history. Though last week's bond swap with investors â€" th e ... Markets edge lower on long-term Greece concerns U.S. edge higher as Europe nears final Greece deal US edge higher as Europe nears final Greece deal |
Saturday, March 10, 2012
Linda Robertson: Without Scott, Miami in trouble - Sacramento Bee
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USA TODAY | Linda Robertson: Without Scott, Miami in trouble Sacramento Bee By LINDA ROBERTSON ATLANTA - The University of Miami basketb » |
Thursday, March 8, 2012
San Antonio ranks among top 15 cities in job growth - San Antonio Business Journal:
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The San Antonio Metropolitan Statistical Area, whicbh includes Bexar, Comal, Guadalupe and Wilso counties, posted an 8.7 percent increase in nonfarm jobs durinvgthe period. The number of nonfarm jobs in the area increaseedfrom 571,000 in 1993 to 620,700o in 1995, according to the study. The compiled by American City BusinessJournals ( ) -- the parenf company of the San Antonio Businesxs Journal -- examined employment statistics from the nation's 100 largest metropolitann areas. The annual averages were compiled bythe U.S. Burea of Labor Statistics. Las Vegas rankedd first for the period, posting a 20.37 percent increase in jobs betweehn 1993and 1995.
The Austin-San Marcos area rankecd second, with an increase of 13.86 percent. Honolulu was last on the experiencinga 1.54 percent decline in employmenr between 1993 and 1995. It was the only city on the list to experiencew an overall job loss durinthe period. The nation's 11 fastest-growing labor according to theACBJ study, are locate in the Western or Southern United which have been hot spots for job creation in recent years. "The state of Texas has led the nation in job and most of the growth in Texaes has been concentrated in central Texas along the Interstatew Highway35 corridor," says M.
Ray president and chief executive officer of The Perrymahn Group economic consulting Mario Hernandez, chief executive officer of the San Antoniio Economic Development Foundation, says a numberf of significant new employers located here between 1993 and such as World Savingzs and Loan Association, which operates a majorf service center facility in San Antonio. " think part of it is also a lot of companied that came to town in 1990 or 1991 geare up and conducted a lot of new hires at that Hernandez says. "We've got West Telemarketing, which now has aboug 5,000 employees, QVC Inc., which has about 2,000 employees. All of that hiring has takej place since 1990or so.
" Constructionj is the sector that led in job growth in the San Antoni area, with the number of new jobs increasint 20.5 percent between 1993 and 1995. Service-sector employmenft grew 12.9 percent during the same making itthe second-fastest growinb sector. The slowest growing segment in the Alamo City was thegovernment sector, which posted job growth of only 2.9 percenft between 1993 and 1995. No sectoer of San Antonio's economy experienced a drop in according tothe data. Doug McMurry, executive vice presidentr of the AssociatedGeneral Contractors' San Antonio says commercial construction in the area begab to take a serious upswing in 1994.
McMurrgy says the area's commercial contractors have not seen a boom in offices building and manufacturingplant construction, but they have landed numerousw contracts to build hotels, schools, shoppingy centers and grocery stores. "Wew haven't seen this many people employedf in construction in San Antonioo in along time," McMurr y says. Perryman adds that single- and multi-family residentiakl construction in Texas also is on an Manufacturing employment in San Antoniioincreased 4.1 percent between 1993 and 1995. That appears modestf in comparisonto Austin-San Marcos, which recorde an increase of 15 percent in manufacturinf employment during the period.
However, San Antonio'se performance is still above thenational average. "Austin's growth in that area is attributable to theelectronicxs industry," Hernandez says. "That's an industrty that tends to cluster and Austin is definitely the hot spot for that industrytright now." In recent Austin has attracted substantial investments from semiconductor firms such as Motorola, Advanced Micro Devices Inc., and most recentluy South Korean firm Samsung Electronics.
Hernandez says San Antonioi has had difficulty gaining similar momentunm in attracting technology firms because the city does not havea world-classe research and engineering university like the Universitg of Texas at Austin. In says Michael Harris, executive directo r of the San AntonioManufacturerss Association, San Antonio's inability to develop alternat e sources of water supply has preventeds it from attracting more investment from semiconductof manufacturers, which typically are heavy water "San Antonio has an uncertain future in terms of the water which scares off the semiconductor people," Harris
The San Antonio Metropolitan Statistical Area, whicbh includes Bexar, Comal, Guadalupe and Wilso counties, posted an 8.7 percent increase in nonfarm jobs durinvgthe period. The number of nonfarm jobs in the area increaseedfrom 571,000 in 1993 to 620,700o in 1995, according to the study. The compiled by American City BusinessJournals ( ) -- the parenf company of the San Antonio Businesxs Journal -- examined employment statistics from the nation's 100 largest metropolitann areas. The annual averages were compiled bythe U.S. Burea of Labor Statistics. Las Vegas rankedd first for the period, posting a 20.37 percent increase in jobs betweehn 1993and 1995.
The Austin-San Marcos area rankecd second, with an increase of 13.86 percent. Honolulu was last on the experiencinga 1.54 percent decline in employmenr between 1993 and 1995. It was the only city on the list to experiencew an overall job loss durinthe period. The nation's 11 fastest-growing labor according to theACBJ study, are locate in the Western or Southern United which have been hot spots for job creation in recent years. "The state of Texas has led the nation in job and most of the growth in Texaes has been concentrated in central Texas along the Interstatew Highway35 corridor," says M.
Ray president and chief executive officer of The Perrymahn Group economic consulting Mario Hernandez, chief executive officer of the San Antoniio Economic Development Foundation, says a numberf of significant new employers located here between 1993 and such as World Savingzs and Loan Association, which operates a majorf service center facility in San Antonio. " think part of it is also a lot of companied that came to town in 1990 or 1991 geare up and conducted a lot of new hires at that Hernandez says. "We've got West Telemarketing, which now has aboug 5,000 employees, QVC Inc., which has about 2,000 employees. All of that hiring has takej place since 1990or so.
" Constructionj is the sector that led in job growth in the San Antoni area, with the number of new jobs increasint 20.5 percent between 1993 and 1995. Service-sector employmenft grew 12.9 percent during the same making itthe second-fastest growinb sector. The slowest growing segment in the Alamo City was thegovernment sector, which posted job growth of only 2.9 percenft between 1993 and 1995. No sectoer of San Antonio's economy experienced a drop in according tothe data. Doug McMurry, executive vice presidentr of the AssociatedGeneral Contractors' San Antonio says commercial construction in the area begab to take a serious upswing in 1994.
McMurrgy says the area's commercial contractors have not seen a boom in offices building and manufacturingplant construction, but they have landed numerousw contracts to build hotels, schools, shoppingy centers and grocery stores. "Wew haven't seen this many people employedf in construction in San Antonioo in along time," McMurr y says. Perryman adds that single- and multi-family residentiakl construction in Texas also is on an Manufacturing employment in San Antoniioincreased 4.1 percent between 1993 and 1995. That appears modestf in comparisonto Austin-San Marcos, which recorde an increase of 15 percent in manufacturinf employment during the period.
However, San Antonio'se performance is still above thenational average. "Austin's growth in that area is attributable to theelectronicxs industry," Hernandez says. "That's an industrty that tends to cluster and Austin is definitely the hot spot for that industrytright now." In recent Austin has attracted substantial investments from semiconductor firms such as Motorola, Advanced Micro Devices Inc., and most recentluy South Korean firm Samsung Electronics.
Hernandez says San Antonioi has had difficulty gaining similar momentunm in attracting technology firms because the city does not havea world-classe research and engineering university like the Universitg of Texas at Austin. In says Michael Harris, executive directo r of the San AntonioManufacturerss Association, San Antonio's inability to develop alternat e sources of water supply has preventeds it from attracting more investment from semiconductof manufacturers, which typically are heavy water "San Antonio has an uncertain future in terms of the water which scares off the semiconductor people," Harris
Tuesday, March 6, 2012
Ignoring Intelligence Reports: 'Let's Make War' – OpEd - Eurasia Review
paramonaxogilozi.blogspot.com
New York Times | Ignoring Intelligence Reports: 'Let's Make War' â€" OpEd Eurasia Review Israel has ignored it for over 30 years. Yet the US and the EU choose to impose vicious economic sanctions on Iran, and threaten military action, while taking no such measures against Israel… not even uttering a word of criticism. O bama, Israel and AIPAC: two dueling videos World considers US, Israel threat not Iran: Chomsky What Israel re » |
Sunday, March 4, 2012
GSK cancels Synta deal, teams with Dr. Reddy's - Triangle Business Journal:
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Worldwide rights to the cancer drug elesclomol will revert to which may pay GSKa low, single-digigt royalty on any potential future salesx of elesclomol, the Lexington, Mass.-based company said in a pressa release. “We appreciate GSK’s contributions to this program and understandstheir decision,” said Safi R. Synta’s CEO. The deal with Dr. Reddy'ds gives GSK (NYSE: GSK) exclusive rights to market the India-based company's drugs in all developing countriesd expectfor India. Dr.
Reddy's sells or is developing 100 branderd pharmaceuticalsin fast-growing therapeutic segments such as diabetes, oncology, gastroenterology and pain GSK has about 5,000 employees in the Raleigh-Durham
Worldwide rights to the cancer drug elesclomol will revert to which may pay GSKa low, single-digigt royalty on any potential future salesx of elesclomol, the Lexington, Mass.-based company said in a pressa release. “We appreciate GSK’s contributions to this program and understandstheir decision,” said Safi R. Synta’s CEO. The deal with Dr. Reddy'ds gives GSK (NYSE: GSK) exclusive rights to market the India-based company's drugs in all developing countriesd expectfor India. Dr.
Reddy's sells or is developing 100 branderd pharmaceuticalsin fast-growing therapeutic segments such as diabetes, oncology, gastroenterology and pain GSK has about 5,000 employees in the Raleigh-Durham
Thursday, March 1, 2012
Supreme Court temporarily blocks Chrysler/Fiat merger - Silicon Valley / San Jose Business Journal:
tatyanagepoji.blogspot.com
Supreme Court Justice Ruth Badef Ginsberg granted a motion filed by Indiana statew pension funds to delay the merger between the American and Italiam automakers in whatthe U.S. Treasury Departmentg said was an administrative extension designee to allow sufficient time for the Supreme Courtg to explore whether or not a stay is according to several published reportxslate Monday. The Supreme Court move extends a stay already issued by a lowed court that was set to expire lateafternoon Monday. Fiat has given Chrysledr until June 15 to finishthe merger. Attorneys for the pensiom funds argued that they would receiv just pennies on the dollar fora $42 millionn loan given to Chrysler. However, U.
S. Solicitoer General Elena Kagan said the imminent collapse of Chrysler said to be losing upwardof $100 million daily was of greater concern to government officialz than the loan dispute. When Chrysler filed for it announcexd it would reject 789 dealershioagreements nationwide, including nine in the St. Louisd metro area. Chrysler’s restructuring plan also callsa for closing eight including Chrysler’s two plants in Fenton, Mo.
Chrysler’s Sout h plant in Fenton, which assembles minivans, was idled at the end of Chrysler’s North plant, which makes Dodge Ram was idled earlier this month for one to two months and The plantss hademployed 1,200 workers in Fenton, down from 5,000 several years ago.
Supreme Court Justice Ruth Badef Ginsberg granted a motion filed by Indiana statew pension funds to delay the merger between the American and Italiam automakers in whatthe U.S. Treasury Departmentg said was an administrative extension designee to allow sufficient time for the Supreme Courtg to explore whether or not a stay is according to several published reportxslate Monday. The Supreme Court move extends a stay already issued by a lowed court that was set to expire lateafternoon Monday. Fiat has given Chrysledr until June 15 to finishthe merger. Attorneys for the pensiom funds argued that they would receiv just pennies on the dollar fora $42 millionn loan given to Chrysler. However, U.
S. Solicitoer General Elena Kagan said the imminent collapse of Chrysler said to be losing upwardof $100 million daily was of greater concern to government officialz than the loan dispute. When Chrysler filed for it announcexd it would reject 789 dealershioagreements nationwide, including nine in the St. Louisd metro area. Chrysler’s restructuring plan also callsa for closing eight including Chrysler’s two plants in Fenton, Mo.
Chrysler’s Sout h plant in Fenton, which assembles minivans, was idled at the end of Chrysler’s North plant, which makes Dodge Ram was idled earlier this month for one to two months and The plantss hademployed 1,200 workers in Fenton, down from 5,000 several years ago.
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