uraa-quartely.blogspot.com
The report with new polling of Wisconsin small businessese owners was released on a mediwa callMonday co-sponsored by and . The statewid e survey of small business owners conducted by Small Business a national small business advocacy organization focuserd on healthcare reform, found that affordability is the primary obstacle to small businesds owners obtaining health insurance. Eighty-four percent of small businessez not offering health insurance saythey can’yt afford to, while 70 percent of those who do are struggliny to provide it.
Small businesws owners also see the cost of health insurance as a significant barrier to entrepreneurshio and say reform is importanr in helping theeconomy “Small business owners aren’t shirking theidr responsibility where health care is concerned,” said John founder and chief executive officer of Small Businessx Majority. “They feel a responsibility to provide healty care for their employees and are willinvg to do their part in fixing ourbrokenb system.” The report found 75 percengt of small business owners support having the option of a privatwe or public health insurance plan as part of healtn care reform.
They also believr individuals, employers, insurers, the government and health care providerx should share the responsibilithy for making coveragemore “The findings in the Small Business Majority poll of Wisconsin small business owners parallel what we have been hearing all over the said Robert Kraig, program director for Citizen Action of Wisconsin. “Skyrocketing health care costs are a tremendous burden on Wisconsinjsmall businesses, and small businesss owners strongly support fundamental reform.
”
Monday, July 30, 2012
Sunday, July 29, 2012
City of Salem to undertake major revitalization effort in Point Neighborhood - Boston.com
azajir.wordpress.com
City of Salem to undertake major revitalization effort in Point Neighborhood Boston.com By Ryan Mooney, Globe Correspondent. City officials in Salem have announced plans to begin taking steps toward a major revitalization of the Point Neighborhood, the poorest and most under-served section of the city. According to a press release from ... |
Friday, July 27, 2012
Survey: Speeders less common in Denver - Denver Business Journal:
ukatekexo.wordpress.com
Denver, Cleveland and Portland tied for having the lowestg percentage ofmotorists -- 51 percentt -- who see other drivers speeding every day out of 25 U.S. cities surveyed, according to the fourth annual "Inj the Driver's Seat Road Rage Survey." At the otherf extreme, San Diego and Houstobn drivers were the most likely to see speederseach day, at 58 percenty each, AutoVantage said. As for the survey' key statistics -- the cities with the most and leastg roadrage -- Denver was not ranked in the top five in eithef category. New York was cited as the city with the worsty road rage in the2009 survey, replacing 2008 Miami at No. 1. Dallas-Fort Wort h was No.
2 for 2009, followed by Atlanta and Minneapolis-St. Paul. Portland, Ore., was ranked as having the mostcourteouse drivers, followed by Cleveland, Baltimore, Sacramento and Pittsburgh ranked No. 1 last year. Drivers who talk on their cellphoness (84 percent see this every day). Driving too fast (58 percent). • Tailgating (53 • Drivers eating or drinking whiledrivingv (48 percent). • Cutting over into a lane withoutgnotice (43 percent). • Texting or emailing whilre driving (37 percent). • Doing othe things -- such as puttint on makeup, shaving or readin -- behind the wheel (27 percent). Slamming on the brakes (25 percent). • Runnin red lights (22 percent).
In response to such bad 43 percent of drivers surveyed said they honktheir horn, whil 36 percent admitted to cursingh the other driver and 10 percent made an obscene gesture. The survey was conducte for AutoVantage by PrinceMarkey Research. A total of 2,518 driver s in 25 metro areas were interviewe by phonebetween Jan. 8 and Marcuh 24. The margin of error is plus or minu 2 percent for thetotal sample. AutoVantage, a membership auto is a unit of . .
Denver, Cleveland and Portland tied for having the lowestg percentage ofmotorists -- 51 percentt -- who see other drivers speeding every day out of 25 U.S. cities surveyed, according to the fourth annual "Inj the Driver's Seat Road Rage Survey." At the otherf extreme, San Diego and Houstobn drivers were the most likely to see speederseach day, at 58 percenty each, AutoVantage said. As for the survey' key statistics -- the cities with the most and leastg roadrage -- Denver was not ranked in the top five in eithef category. New York was cited as the city with the worsty road rage in the2009 survey, replacing 2008 Miami at No. 1. Dallas-Fort Wort h was No.
2 for 2009, followed by Atlanta and Minneapolis-St. Paul. Portland, Ore., was ranked as having the mostcourteouse drivers, followed by Cleveland, Baltimore, Sacramento and Pittsburgh ranked No. 1 last year. Drivers who talk on their cellphoness (84 percent see this every day). Driving too fast (58 percent). • Tailgating (53 • Drivers eating or drinking whiledrivingv (48 percent). • Cutting over into a lane withoutgnotice (43 percent). • Texting or emailing whilre driving (37 percent). • Doing othe things -- such as puttint on makeup, shaving or readin -- behind the wheel (27 percent). Slamming on the brakes (25 percent). • Runnin red lights (22 percent).
In response to such bad 43 percent of drivers surveyed said they honktheir horn, whil 36 percent admitted to cursingh the other driver and 10 percent made an obscene gesture. The survey was conducte for AutoVantage by PrinceMarkey Research. A total of 2,518 driver s in 25 metro areas were interviewe by phonebetween Jan. 8 and Marcuh 24. The margin of error is plus or minu 2 percent for thetotal sample. AutoVantage, a membership auto is a unit of . .
Wednesday, July 25, 2012
It wasn
vykyvimote.wordpress.com
According to businesses contacted by Business Derby 2009 did not have a huge payoff — like that resultingt from longshot Derby winner Mine That Bird’s spectacular come-from-behind But dollars did flow, and many local businessee got a financial shot in the arm they needed. Businessw First reporters called a varietg of localbusinesses — from upscale clothiersw to nightclubs to limousinwe services to high-end restaurants to see how they fared during this Derbty season. Here are the reports of theif winsand losses. Talking with Dean Corbett is like talkinbg toan economist.
Most Louisvillians know Corbett asa Louisville-basefd television chef and restaurateur who makes top-1o lists in Esquire and in nationa l foodie magazines. But Dean Corbett the businessman canquote first-timre unemployment claims data and stock market movements like other chefs quoter the market price for the catchj of the day. When the day’s financial news is bad, peopls — even wealthy people pull back, Corbett said. And when the markety is up, diners return in force, he said. “That’s my trying to predict mentalityof consumers,” Corbett said. So, the questiom becomes, “Is Derby 2009 a predictor of futureeconomi trends?
” “I’m thinking (the economy) is coming said Corbett, who owns two upscaler restaurants — Equus and An American Place — and Jack’s a New York-style bar and eatery. For Derby both restaurants and Jack’s, which serves food from neighborinvg Equus, “arguably” had one of the best years since he started in the restauranr business 25years ago. Salesz were up 10 percent fromDerby 2008. One of the most notabld changes from past years was that nearlty every reservationcame through. “In past years, we were plaguecd with the 30 percentwho don’ty call and who don’t show Corbett said.
“This year, they all showefd — and in record numbers.” Both restaurantsd sold out Friday andSaturday nights, with 230 dinersw packing into each restaurant, filling added seating. The averager 2009 Derby check was comparable to last year atabouy $100 at Equus and $150 at Corbett’s, An Americaj Place, he said. “It was great. I wish I had it every week.” Derby business was especially coming as it did after some of the worsttimes he’s ever seen. Aftef sales began weakening last October, “ig was a very long, toug h winter — as bad as I’ve ever Corbett said.
Though the Christmaz holidays and Valentine’s Day were good, businesas didn’t start to show a significant rebouncuntil April, he said. The restaurants were but decreased business meant he hadto “setr his sights lower” for projected 2009 revenue compared with 2008. At that meant changing the menu in reducing prices and reducing the number of wines he The result: “We’ve tripled business on the diningy side.” Meanwhile, Corbett he’ll be watching the businesz news, trying to plot wherw the economy is going. On Monday, he noted, the Dow Jonee Industrial Average passedthe 8,400-point up 30 percent from its lowesty point for 2009.
When the news is all gloom and doom, “witu people losing jobs and bankruptcy after people are not going to eat out atmy level,” he But when the stockm market goes up dramatically, “youi can damn well expect they’re going to come Though Corbett predicted “an interesting summer” followed by a so-s fall, “I truly feel the worst of it is
According to businesses contacted by Business Derby 2009 did not have a huge payoff — like that resultingt from longshot Derby winner Mine That Bird’s spectacular come-from-behind But dollars did flow, and many local businessee got a financial shot in the arm they needed. Businessw First reporters called a varietg of localbusinesses — from upscale clothiersw to nightclubs to limousinwe services to high-end restaurants to see how they fared during this Derbty season. Here are the reports of theif winsand losses. Talking with Dean Corbett is like talkinbg toan economist.
Most Louisvillians know Corbett asa Louisville-basefd television chef and restaurateur who makes top-1o lists in Esquire and in nationa l foodie magazines. But Dean Corbett the businessman canquote first-timre unemployment claims data and stock market movements like other chefs quoter the market price for the catchj of the day. When the day’s financial news is bad, peopls — even wealthy people pull back, Corbett said. And when the markety is up, diners return in force, he said. “That’s my trying to predict mentalityof consumers,” Corbett said. So, the questiom becomes, “Is Derby 2009 a predictor of futureeconomi trends?
” “I’m thinking (the economy) is coming said Corbett, who owns two upscaler restaurants — Equus and An American Place — and Jack’s a New York-style bar and eatery. For Derby both restaurants and Jack’s, which serves food from neighborinvg Equus, “arguably” had one of the best years since he started in the restauranr business 25years ago. Salesz were up 10 percent fromDerby 2008. One of the most notabld changes from past years was that nearlty every reservationcame through. “In past years, we were plaguecd with the 30 percentwho don’ty call and who don’t show Corbett said.
“This year, they all showefd — and in record numbers.” Both restaurantsd sold out Friday andSaturday nights, with 230 dinersw packing into each restaurant, filling added seating. The averager 2009 Derby check was comparable to last year atabouy $100 at Equus and $150 at Corbett’s, An Americaj Place, he said. “It was great. I wish I had it every week.” Derby business was especially coming as it did after some of the worsttimes he’s ever seen. Aftef sales began weakening last October, “ig was a very long, toug h winter — as bad as I’ve ever Corbett said.
Though the Christmaz holidays and Valentine’s Day were good, businesas didn’t start to show a significant rebouncuntil April, he said. The restaurants were but decreased business meant he hadto “setr his sights lower” for projected 2009 revenue compared with 2008. At that meant changing the menu in reducing prices and reducing the number of wines he The result: “We’ve tripled business on the diningy side.” Meanwhile, Corbett he’ll be watching the businesz news, trying to plot wherw the economy is going. On Monday, he noted, the Dow Jonee Industrial Average passedthe 8,400-point up 30 percent from its lowesty point for 2009.
When the news is all gloom and doom, “witu people losing jobs and bankruptcy after people are not going to eat out atmy level,” he But when the stockm market goes up dramatically, “youi can damn well expect they’re going to come Though Corbett predicted “an interesting summer” followed by a so-s fall, “I truly feel the worst of it is
Monday, July 23, 2012
NBC Universal, Microsoft strike ad alliance - St. Louis Business Journal:
jiqatili.wordpress.com
Terms of the deal were not Admira analyzes demographic data on viewerws to generate more targeted TV ads and also adds automatio to thebuying process. The two companiezs tested the system, using Admira with the NBC Localo Media group in March to buy and sell locaol television ads inLos "Our initial test of the system in L.A. is off to a greay start. Admira provides us with the potential to help attract an entirely new segment of advertisers to thelocaol marketplace, particularly small and midsize businessesd that might not otherwise be able to buy loca television station advertising, whic is a huge leap forward.
" Frank president of platform development and commercial operationx for NBC Local Media, said in a statement. The full partnershipl is set to begin in the The two giants are more known throughy their linkthrough MSNBC.
Terms of the deal were not Admira analyzes demographic data on viewerws to generate more targeted TV ads and also adds automatio to thebuying process. The two companiezs tested the system, using Admira with the NBC Localo Media group in March to buy and sell locaol television ads inLos "Our initial test of the system in L.A. is off to a greay start. Admira provides us with the potential to help attract an entirely new segment of advertisers to thelocaol marketplace, particularly small and midsize businessesd that might not otherwise be able to buy loca television station advertising, whic is a huge leap forward.
" Frank president of platform development and commercial operationx for NBC Local Media, said in a statement. The full partnershipl is set to begin in the The two giants are more known throughy their linkthrough MSNBC.
Sunday, July 22, 2012
Cruising on the canal - Silicon Valley / San Jose Business Journal:
iwyqaxewun.wordpress.com
As the 1905 folksong “Lo w Bridge, Everybody Down” tells it, Sal was a “good ol’ worker an’ a good ol’ who toiled “15 miles on the Erie Canal.” The song reflects a bygone era on thenow 184-year-old Erie Canal. In the 21st companies such as have no mules to haultheir Rather, they are driven by 225 horsepowerr and 95 horsepower diesel engines. And the longest trip is now 12 milese from Lockport to Gasport and But there is a connection betweemn earlier canal usersand today’s entrepreneurs, say Michaek and Sharon Murphy, ownera of the Lockport-based company. “I feel a definite Murphy says.
“The Erie Canalo is like my and for the oldcanal captains, it was their officr too as they took their boats back and What’s Happening: The Murphys’ business offers boat banquets, souvenirs and special events. Employees: 65-70, including part-timers; 6 off-season. Revenue: $875,000 History: Establisheds in 1987, the company is entering its 23rd When it was Murphy was a Town ofTonawandsa patrolman; his wife was a teacher. Owning a commercialp boating company for a secondcareere – his encore career – was a natural transition for Murphy when he retiredf from the police force in 1989. “We were alwaya involved in boating.
Sharon and I bought our firsf boat in 1969 and the kids grew up on Murphy said. Service providers: CPA, Richard Legal, Myron “Mike” ; Informatioj Technology and Computers, Len Thorntonm MBA. Greatest Challenge: After getting their business operating, obtaining financing in 1996 to purchaswe two former canalside industrial buildingsin Lockport’e Lowertown section for their was the couple’s biggest hurdle. “We couldn’t get conventionao loans from banks because they thougjh we were too big of a risk so we had to use ourcredirt cards,” Sharon said.
“At one time we probablyh had 12 different cards and werepayinyg $6,000 a month in interest,” she said. By periodicallu paying off balances on some cards by taking out loans on othersz that offered low or zero introductoruyinterest rates, the Murphys kept costse down. “But that isn’t something we could do in the same way Sharon said. “Now, there are transfer fees that backthen didn’ft exist or were lower.” The Murphys paid off the credit card balancex in 2001 from a loan they receives from the city.
Proudesft Achievement: “When we started, no one had done anythinb exactly like this around here andthere weren’rt many on the canal at all,” Murphy said. Quote: Sharohn Murphy, a onetime dean of , in acknowledging the risksw of launching thefamily business: “Az ship is safe in the but that’s not what a ship is made for.” What’sz Ahead: Notwithstanding the current the Murphys anticipate a slight increase in business this year as a result of stepped-up advertisingh and promotions. “We carried aboutr 47,000 people on the boat s last year and servedabout 30,000 inside at parties and special events,” Murphy said.
“Ws expect the boat volume to increase aboutg 5 percent this year and our food service to go up about 10 percent based on advances bookings wealready have.” New this year from June througuh August are 10 ethnic-themed evening cruisesd featuring live Polish, Irish and Italian-stylre bands from Western New 210 Market St. Lockport, NY 14094 Web site: www.lockportlocks.com captainmike@lockportlocks.
com
As the 1905 folksong “Lo w Bridge, Everybody Down” tells it, Sal was a “good ol’ worker an’ a good ol’ who toiled “15 miles on the Erie Canal.” The song reflects a bygone era on thenow 184-year-old Erie Canal. In the 21st companies such as have no mules to haultheir Rather, they are driven by 225 horsepowerr and 95 horsepower diesel engines. And the longest trip is now 12 milese from Lockport to Gasport and But there is a connection betweemn earlier canal usersand today’s entrepreneurs, say Michaek and Sharon Murphy, ownera of the Lockport-based company. “I feel a definite Murphy says.
“The Erie Canalo is like my and for the oldcanal captains, it was their officr too as they took their boats back and What’s Happening: The Murphys’ business offers boat banquets, souvenirs and special events. Employees: 65-70, including part-timers; 6 off-season. Revenue: $875,000 History: Establisheds in 1987, the company is entering its 23rd When it was Murphy was a Town ofTonawandsa patrolman; his wife was a teacher. Owning a commercialp boating company for a secondcareere – his encore career – was a natural transition for Murphy when he retiredf from the police force in 1989. “We were alwaya involved in boating.
Sharon and I bought our firsf boat in 1969 and the kids grew up on Murphy said. Service providers: CPA, Richard Legal, Myron “Mike” ; Informatioj Technology and Computers, Len Thorntonm MBA. Greatest Challenge: After getting their business operating, obtaining financing in 1996 to purchaswe two former canalside industrial buildingsin Lockport’e Lowertown section for their was the couple’s biggest hurdle. “We couldn’t get conventionao loans from banks because they thougjh we were too big of a risk so we had to use ourcredirt cards,” Sharon said.
“At one time we probablyh had 12 different cards and werepayinyg $6,000 a month in interest,” she said. By periodicallu paying off balances on some cards by taking out loans on othersz that offered low or zero introductoruyinterest rates, the Murphys kept costse down. “But that isn’t something we could do in the same way Sharon said. “Now, there are transfer fees that backthen didn’ft exist or were lower.” The Murphys paid off the credit card balancex in 2001 from a loan they receives from the city.
Proudesft Achievement: “When we started, no one had done anythinb exactly like this around here andthere weren’rt many on the canal at all,” Murphy said. Quote: Sharohn Murphy, a onetime dean of , in acknowledging the risksw of launching thefamily business: “Az ship is safe in the but that’s not what a ship is made for.” What’sz Ahead: Notwithstanding the current the Murphys anticipate a slight increase in business this year as a result of stepped-up advertisingh and promotions. “We carried aboutr 47,000 people on the boat s last year and servedabout 30,000 inside at parties and special events,” Murphy said.
“Ws expect the boat volume to increase aboutg 5 percent this year and our food service to go up about 10 percent based on advances bookings wealready have.” New this year from June througuh August are 10 ethnic-themed evening cruisesd featuring live Polish, Irish and Italian-stylre bands from Western New 210 Market St. Lockport, NY 14094 Web site: www.lockportlocks.com captainmike@lockportlocks.
com
Friday, July 20, 2012
Nasdaq boosts Facebook compensation plan to $62 million - Reuters
ibitasony.wordpress.com
CBS News | Nasdaq boosts Facebook compensation plan to $62 million Reuters WASHINGTON/NEW YORK (Reuters) - Nasdaq OMX Group Inc (NDAQ.O) plans to pay out $62 million in cash to firms that lost money in the bungled Facebook Inc (FB.O) initial public offering in May, modifying an earlier plan that drew intense criticism from ... Nasdaq to release Facebook compensation plan Nasdaq ups ante in Facebook reimbursement plan |
Thursday, July 19, 2012
Hunter's Hope picks up 1st Kemp award - Business First of Buffalo:
evlampiyacyxybyw.blogspot.com
The PARC Foundation, a national charitablr organizationunder , which runs Darien was established this year in conjunctiom with Darien Lake-owner, CNL Lifestyle Properties. One of the foundation’s first initiativex established the Jack Kemp CommunityService Award, according to PARC Managemenf Chairman and CEO Randy Drew said Kemp, a former Buffalo Bill quarterbacmk and 1996 vice presidentialp candidate who passed away last month, had planne d to be at the award ceremony. Jimmy Kemp, Jack’x son, attended in his place.
Kemp said one of his father’sx passions was entreprenurial spiritg toward the community andthat Hunter’s Hope embodied that “We cannot think of a greater recipient than Hunter’d Hope and the entreprenurial spirit that has to go into solvinhg medical challenges that exist and empowering parentse to know how to deal with incredibly challenging situationss and dealing with them with a (positive) outlook.” Jim and Jill Kellty established the Hunter’s Hope Foundation in 1997 when doctords diagnosed their son Hunter with Krabbew leukodystrophy.
The foundation aims to raise public awarenesxof luekodystrophies, promote early detectioh and early treatment and to raise fundsw for research for a cure. Drew said the Hunter’s Hope Foundation raisedc $14 million for research to date. A carouseol horse with a plaque recognizingthe Hunter’s Hope Foundation will be placed in the “wishing well” fountain at the Darien Lake theme park.
The PARC Foundation, a national charitablr organizationunder , which runs Darien was established this year in conjunctiom with Darien Lake-owner, CNL Lifestyle Properties. One of the foundation’s first initiativex established the Jack Kemp CommunityService Award, according to PARC Managemenf Chairman and CEO Randy Drew said Kemp, a former Buffalo Bill quarterbacmk and 1996 vice presidentialp candidate who passed away last month, had planne d to be at the award ceremony. Jimmy Kemp, Jack’x son, attended in his place.
Kemp said one of his father’sx passions was entreprenurial spiritg toward the community andthat Hunter’s Hope embodied that “We cannot think of a greater recipient than Hunter’d Hope and the entreprenurial spirit that has to go into solvinhg medical challenges that exist and empowering parentse to know how to deal with incredibly challenging situationss and dealing with them with a (positive) outlook.” Jim and Jill Kellty established the Hunter’s Hope Foundation in 1997 when doctords diagnosed their son Hunter with Krabbew leukodystrophy.
The foundation aims to raise public awarenesxof luekodystrophies, promote early detectioh and early treatment and to raise fundsw for research for a cure. Drew said the Hunter’s Hope Foundation raisedc $14 million for research to date. A carouseol horse with a plaque recognizingthe Hunter’s Hope Foundation will be placed in the “wishing well” fountain at the Darien Lake theme park.
Wednesday, July 18, 2012
Raytheon gets $260M more in weapons work - Business First of Louisville:
mcfarlainofuqub1258.blogspot.com
The larger of the two valued at $259.9 million, calls for Tewksbury, Mass.-based Raytheon to perform Blockl 1B upgradesand conversions, system overhaulss and related supplies used on the Navy’s MK-15 Phalanxd defense system. The MK-15 Phalanx is a rapid-fire, computer-controllede radar and gun system that defends targetsefrom anti-ship missiles, as well as other close-in surfac and air threats. It uses an electronicallgy controlled 20mm six-barrel Gatling-stylee gun firing at a rate of 4,500 rounds per minute. The system is installed on 187 U.S.
combar ships and is used by 20 foreign About 30 percent of the work on this contracyt will be completedat Raytheon’s Louisvillde facility in the , the former Naval Ordnance Statiom Louisville, according to a news releases from the U.S. Department of Defense. The remaindet of the work will be performedin Mass., (19 percent); Tucson, Ariz., (16 Syracuse, N.Y., (7 percent); Long Beach, Calif., (6 percent); Va., (6 percent); Burlington, Vt., (6 Palm Bay, Fla., (2 Pittsburgh (2 percent); Bloomington, (2 percent); Salt Lake City (2 percent); Norcross, Ga., (1 and New Albany, Ind., (1 percent). It is expected to be complete d bySeptember 2012. Raytheon’s second worth $5.
8 million, calls for the company to supplu “simulated infrared/visible engagement targets engagementtsimulator kits” for the Phalanx Close-In Weapon System the release said. About 15 percentr of the work will be performed in Louisville and 5 percenrin Tucson, with the rest to be done in England. Completionn is expected by January 2011.
The larger of the two valued at $259.9 million, calls for Tewksbury, Mass.-based Raytheon to perform Blockl 1B upgradesand conversions, system overhaulss and related supplies used on the Navy’s MK-15 Phalanxd defense system. The MK-15 Phalanx is a rapid-fire, computer-controllede radar and gun system that defends targetsefrom anti-ship missiles, as well as other close-in surfac and air threats. It uses an electronicallgy controlled 20mm six-barrel Gatling-stylee gun firing at a rate of 4,500 rounds per minute. The system is installed on 187 U.S.
combar ships and is used by 20 foreign About 30 percent of the work on this contracyt will be completedat Raytheon’s Louisvillde facility in the , the former Naval Ordnance Statiom Louisville, according to a news releases from the U.S. Department of Defense. The remaindet of the work will be performedin Mass., (19 percent); Tucson, Ariz., (16 Syracuse, N.Y., (7 percent); Long Beach, Calif., (6 percent); Va., (6 percent); Burlington, Vt., (6 Palm Bay, Fla., (2 Pittsburgh (2 percent); Bloomington, (2 percent); Salt Lake City (2 percent); Norcross, Ga., (1 and New Albany, Ind., (1 percent). It is expected to be complete d bySeptember 2012. Raytheon’s second worth $5.
8 million, calls for the company to supplu “simulated infrared/visible engagement targets engagementtsimulator kits” for the Phalanx Close-In Weapon System the release said. About 15 percentr of the work will be performed in Louisville and 5 percenrin Tucson, with the rest to be done in England. Completionn is expected by January 2011.
Monday, July 16, 2012
Toby Keith
grigoriynirim.blogspot.com
The restaurant — named for country singer Toby Keith and his 2003hit “I Love This Bar” has signed a lease for 15,000 square feet at The Shoppes at West End, a lifestyls center scheduled to open later this year at the intersection of Highway 100 and Interstate 394 in St. Louiw Park. I Love This Bar & Grilk will feature family an 85-foot bar shaped like a guitar, a mechanical bull and a stags that will host live entertainment several nights a including a performance by Keith atthe restaurant’d grand opening. The restaurant’s menu will feature Southern-styl fare, such as chicken-fried stea k and meatloaf.
Some of the more uniqur offerings will include fried bologna sandwichesand deep-frieds Twinkies. It will feature traditional sports-ba decor with a country flair. Thered will be lots of wood and leather, plus more than 50 plasm televisions. I Love This Bar Grill will host live entertainmentevery Thursday, Friday and Saturdag night when it first opens, then ramp up to six nightas a week over time. Therr will be seating for morethan 1,000 people. The venue also will have a retaill store selling TobyKeith merchandise, barbecue sauc e and spices. The restaurant will be owned by Arizonsa businessmanFrank Capri, who recently openesd an I Love This Bar & Grillk franchise in Mesa, Ariz.
The chain also has locations in Las Oklahoma City andKansas City, Mo., and plans to open a location in Auburn Hills, Mich., later this year. I Love This Bar Grill should be a major entertainment attraction forWest End, helpinh set it apart from othed local malls, said Mark vice president of real estate at Cincinnati-based Jeffrey R. Andersonb Real Estate Inc., which was retaineed by developer Duke Realty basedin Indianapolis, to fill the project’s 331,000-square-foot retaio component with tenants. “I think it’s even goinfg to draw from way outside of Minneapolissand St. Paul,” Fallon said. “That’s the idea behinx it.
” Other major West End tenantsx will include anupscale Roundy’s grocery and a Kerasotesz ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End becauses Minnesota is a strong market for countruy music andthere aren’t any significant musicc venues in the western suburbs, said Dick Grones, principal at Edina-based Cambridge Commercial Realty. “Livr entertainment in the suburbs is reallyy hardto find. And that’as a strong ingredient to stir into the mix for the centert because it brings an additional demographic that they might notget otherwise.
” I Love This Bar Grill selected West End over the , where anothedr celebrity-backed country music bar, Gatlijn Brothers Music City Grille, used to have a location. Costs may have playex a role inthat decision, but I Love This Bar & Grilo will generate more attention at West End than it woul d have at Mall of America, Grones said. “The y can really stand out [at West End] and not have so many othetr entertainment venues tocompete with.
”
The restaurant — named for country singer Toby Keith and his 2003hit “I Love This Bar” has signed a lease for 15,000 square feet at The Shoppes at West End, a lifestyls center scheduled to open later this year at the intersection of Highway 100 and Interstate 394 in St. Louiw Park. I Love This Bar & Grilk will feature family an 85-foot bar shaped like a guitar, a mechanical bull and a stags that will host live entertainment several nights a including a performance by Keith atthe restaurant’d grand opening. The restaurant’s menu will feature Southern-styl fare, such as chicken-fried stea k and meatloaf.
Some of the more uniqur offerings will include fried bologna sandwichesand deep-frieds Twinkies. It will feature traditional sports-ba decor with a country flair. Thered will be lots of wood and leather, plus more than 50 plasm televisions. I Love This Bar Grill will host live entertainmentevery Thursday, Friday and Saturdag night when it first opens, then ramp up to six nightas a week over time. Therr will be seating for morethan 1,000 people. The venue also will have a retaill store selling TobyKeith merchandise, barbecue sauc e and spices. The restaurant will be owned by Arizonsa businessmanFrank Capri, who recently openesd an I Love This Bar & Grillk franchise in Mesa, Ariz.
The chain also has locations in Las Oklahoma City andKansas City, Mo., and plans to open a location in Auburn Hills, Mich., later this year. I Love This Bar Grill should be a major entertainment attraction forWest End, helpinh set it apart from othed local malls, said Mark vice president of real estate at Cincinnati-based Jeffrey R. Andersonb Real Estate Inc., which was retaineed by developer Duke Realty basedin Indianapolis, to fill the project’s 331,000-square-foot retaio component with tenants. “I think it’s even goinfg to draw from way outside of Minneapolissand St. Paul,” Fallon said. “That’s the idea behinx it.
” Other major West End tenantsx will include anupscale Roundy’s grocery and a Kerasotesz ShowPlace Theatre 14-screen movie complex. I Love This Bar Grill should be successful at West End becauses Minnesota is a strong market for countruy music andthere aren’t any significant musicc venues in the western suburbs, said Dick Grones, principal at Edina-based Cambridge Commercial Realty. “Livr entertainment in the suburbs is reallyy hardto find. And that’as a strong ingredient to stir into the mix for the centert because it brings an additional demographic that they might notget otherwise.
” I Love This Bar Grill selected West End over the , where anothedr celebrity-backed country music bar, Gatlijn Brothers Music City Grille, used to have a location. Costs may have playex a role inthat decision, but I Love This Bar & Grilo will generate more attention at West End than it woul d have at Mall of America, Grones said. “The y can really stand out [at West End] and not have so many othetr entertainment venues tocompete with.
”
Sunday, July 15, 2012
Lee seeks 23% pay cut from Post-Dispatch union - Birmingham Business Journal:
belyaevostapuki.blogspot.com
The newspaper publishing company proposed pay cuts of 15 percent in thefirsr year, and 5 percent each in the second and third years of the according to information posted on the St. Louiss Newspaper Guild’s Web Lee declined to comment about the proposed concessions andcontract “We have always refrained from making any comment or discussinh the substance of the negotiations,” said Dan Hayes, a spokesmaj for Lee. On Thursday, Guild members voteed 100-27 to agree to a second week of furloughsx but only if Lee agreed to no layoffs duringcontract negotiations, according to the Guildd Web site.
Lee also proposed the followingcontract changes, accordingb to the Guild Web • Cutting unpaid maternity leave in to 12 weeks maximum The right to fire employees on sick leave after three montha of absence. The contract now allowsw 18 months. The Guild proposed longer funeral leave for the death of spousesand children, a larger cell-phone reimbursement, a mileagee increase, enhanced severance packages aftee layoffs, additional holidays, a 401(k) match of up to 5 percentf and overtime eligibility for columnists and outside ad reps.
Last month, the Post-Dispatcyh in its circulation andclassified departments, whichb are
The newspaper publishing company proposed pay cuts of 15 percent in thefirsr year, and 5 percent each in the second and third years of the according to information posted on the St. Louiss Newspaper Guild’s Web Lee declined to comment about the proposed concessions andcontract “We have always refrained from making any comment or discussinh the substance of the negotiations,” said Dan Hayes, a spokesmaj for Lee. On Thursday, Guild members voteed 100-27 to agree to a second week of furloughsx but only if Lee agreed to no layoffs duringcontract negotiations, according to the Guildd Web site.
Lee also proposed the followingcontract changes, accordingb to the Guild Web • Cutting unpaid maternity leave in to 12 weeks maximum The right to fire employees on sick leave after three montha of absence. The contract now allowsw 18 months. The Guild proposed longer funeral leave for the death of spousesand children, a larger cell-phone reimbursement, a mileagee increase, enhanced severance packages aftee layoffs, additional holidays, a 401(k) match of up to 5 percentf and overtime eligibility for columnists and outside ad reps.
Last month, the Post-Dispatcyh in its circulation andclassified departments, whichb are
Friday, July 13, 2012
MDHA will pick winning contractor for $340M convention center job in July - San Francisco Business Times:
cicugaha.wordpress.com
By the end of July, MDHA will selecy one of three teams that have bid to handle the general contracting work for the Musiv City Center convention facility that willanchofr downtown's SoBro -- or South of Broadway -- The project is estimated at about $340 million but overall costas tied to the project coulf approach $600 million. A key componen t in the agency's award of the constructio contract will be the participation of minoritgowned businesses, both directly via the winning team and indirectlt through contributing subcontractors. There are six black-ownee builders represented on the three teamssplacing bids.
MDHA is tightlipped regardiny the three teams and declinedf to comment regarding specific characteristics and qualificationsx that might make one team win over the For instance, officials would not discuss issues such as bonding, number of high-end jobs completeed or number of employeesd of the minority-owned companies. "We can'tr reveal or discuss teams who have proposed untipl after a decision has been saysTerri Woodmore, MDHA spokeswoman. Woodmore says MDHA has establishefd a goalof "20 percent diversity business enterprise (DBE) participation" for the project.
That figurr would be reached, in part, through Each of the three teams that have bid to securse the convention center construction contract hasa Nashville-basee entity and a minority-owned firm located either in Nashvillr or Middle Tennessee. Nashville-based , Indianapolis-based , Atlanta-basefd and Gallatin-based Russell and SRS are minority owned, with the former being the nation's largest black-ownexd general contractor. Nashville-based , Bethesda, Md.-based Clarjk Construction Group, Knoxville-based East s and the Nashvillr firmsand . The latter three are black-owned and operatedx and have created LLC forthe project. Nashville-based , Sweden-based and black-ownefd local firm LLC.
The trio would undertake its constructionb of the center as Music CityBuilders LLC. Five of the six minoritty firms have worked to varying degrees on projects and with clientsd that include and Peabody Commonsat (Don Hardin McGhee Tyson Airport Terminal in Knoxville, LP Field, and the (Eastt Tennessee Mechanical Contractors). Also represented are the Uniteds Methodist Church General Counsel for Finance and the Armana Building in Frankli and the Maternal Fetal Group Plaza inMidtowh (Hermosa Construction); Father Ryan High School athletic complexc and (Pinnacle); and the Tennessee Air National Guardx and Memphis Housing Authority (SRS). Willie Russell, presidenyt of H.J.
Russell, has spent significanrt time in Nashville, most recently to speak to a group at the Schraderr Lane Churchof Christ. Russell outlined how his companu and team would work to include locao minority participation in themassive project. H.J. Russel has worked in the past on three convention centers. Dale Randels, Pinnacles president and CEO, says his team is "committedd to a 30 percent minorituy participation," in addition to the 15 percent Pinnaclswould deliver.
Don Hardin, a says his company has managedabout $15 million in projectzs each of the past few
By the end of July, MDHA will selecy one of three teams that have bid to handle the general contracting work for the Musiv City Center convention facility that willanchofr downtown's SoBro -- or South of Broadway -- The project is estimated at about $340 million but overall costas tied to the project coulf approach $600 million. A key componen t in the agency's award of the constructio contract will be the participation of minoritgowned businesses, both directly via the winning team and indirectlt through contributing subcontractors. There are six black-ownee builders represented on the three teamssplacing bids.
MDHA is tightlipped regardiny the three teams and declinedf to comment regarding specific characteristics and qualificationsx that might make one team win over the For instance, officials would not discuss issues such as bonding, number of high-end jobs completeed or number of employeesd of the minority-owned companies. "We can'tr reveal or discuss teams who have proposed untipl after a decision has been saysTerri Woodmore, MDHA spokeswoman. Woodmore says MDHA has establishefd a goalof "20 percent diversity business enterprise (DBE) participation" for the project.
That figurr would be reached, in part, through Each of the three teams that have bid to securse the convention center construction contract hasa Nashville-basee entity and a minority-owned firm located either in Nashvillr or Middle Tennessee. Nashville-based , Indianapolis-based , Atlanta-basefd and Gallatin-based Russell and SRS are minority owned, with the former being the nation's largest black-ownexd general contractor. Nashville-based , Bethesda, Md.-based Clarjk Construction Group, Knoxville-based East s and the Nashvillr firmsand . The latter three are black-owned and operatedx and have created LLC forthe project. Nashville-based , Sweden-based and black-ownefd local firm LLC.
The trio would undertake its constructionb of the center as Music CityBuilders LLC. Five of the six minoritty firms have worked to varying degrees on projects and with clientsd that include and Peabody Commonsat (Don Hardin McGhee Tyson Airport Terminal in Knoxville, LP Field, and the (Eastt Tennessee Mechanical Contractors). Also represented are the Uniteds Methodist Church General Counsel for Finance and the Armana Building in Frankli and the Maternal Fetal Group Plaza inMidtowh (Hermosa Construction); Father Ryan High School athletic complexc and (Pinnacle); and the Tennessee Air National Guardx and Memphis Housing Authority (SRS). Willie Russell, presidenyt of H.J.
Russell, has spent significanrt time in Nashville, most recently to speak to a group at the Schraderr Lane Churchof Christ. Russell outlined how his companu and team would work to include locao minority participation in themassive project. H.J. Russel has worked in the past on three convention centers. Dale Randels, Pinnacles president and CEO, says his team is "committedd to a 30 percent minorituy participation," in addition to the 15 percent Pinnaclswould deliver.
Don Hardin, a says his company has managedabout $15 million in projectzs each of the past few
Thursday, July 12, 2012
Crucial time for condos - Birmingham Business Journal:
vypybiza.wordpress.com
South Florida Business Journal analyzed deed filings througg July 9 for14 Miami-Dade County condo towers that are now closinfg units. Closing rates varied dramatically, with projects closerf to water, nightlife and urban work centera outpacing those on the fringes of the Based ondeed data, price does not appear to be the primaryy factor on closing ratios. is performing well with threed Miami-Dade projects, each at a different price and each achieving a high level of succesa at theclosing table.
The Loft Downtown II and 50 both indowntown Miami, and Apogee, in South Beach, have closede on 80 percent or more of their The consistent factor among the threre was their highly desirable locations. Longtimed Miami real estate operatorRafael Kapustin, who sold Relatecd the Loft site, said he wasn’t surprised by the typexs and locations of projects holding up well, even in the face of a real estat downturn. In downtown Miami specifically, he the density of units and proximity to offic centers creates theNew York-style scalr and convenience that many buyers hunger for. Each projecft also targets a niche.
Loft II was markete d as affordableto single, young 50 Biscayne was pitched to middle-class couples and Apogee to the polo crowd. High-end luxury condominium Apogee has closed 66 of its 67 unitsesince January. Loft II is with 88 percent of its units havintg closed since October oflast year. 50 Biscayn e has closed on 79 percent of its according tocourt records. Oscar who runs Related’s affordable division, said the numbedr of units closed at Loft II is closer to 95 attributing the lower deed numbeer to a countyrecording lag. He said the Relater brand, the quality of the product and its locatiohn were all key toLoft II’s success.
“The price was extremelyu competitive and its close location to mass transitr makes it more attractive to Rodriguez said. The tower has a Metromovef station atits center. Continuum II comes in thir d inoverall performance, according to deedws filed at the courthouse. The first deeds were filed in March and already the projectr stands 80percent closed. Other standouts include Marin Blue in downtown Miami and thePedro Martin-led ’s Quantu on the Bay just to the north. Both exceedf a 50 percent closing rate. Quantum began filintg deeds in January, with Marinw Blue deeds first hittinhg court records twomonths later.
Esslinge Wooten Maxwell broker Kevin Tomlinsonsaid Continuum’sa success is based on two factors: it is located in the heary of South Beach and its buyers are wealthy without financinvg concerns. “People were wanting to close at said Tomlinson, the author of SouthBeachRealEstateBlog.com. “It’s a differentg type of buyer. The buyer that bought there isn’t dependeny on the mortgage market. They could closew cash if theyneeded to.” Quantukm on the Bay is a success story becausd of its $320-a-square-foot pricing when it sold and its It sits with unobstructed viewss of Biscayne Bay and within a block of the Adrienned Arsht Center for the Performing Arts.
But theres are plenty of buildings still strugglinhg under the weight of an overbuil t market andweak economy. Among the weaker buildingsd is Havana Loftsin Miami’sd Little Havana neighborhood. The project has seen only 19 percent of its unit s closesince December.
South Florida Business Journal analyzed deed filings througg July 9 for14 Miami-Dade County condo towers that are now closinfg units. Closing rates varied dramatically, with projects closerf to water, nightlife and urban work centera outpacing those on the fringes of the Based ondeed data, price does not appear to be the primaryy factor on closing ratios. is performing well with threed Miami-Dade projects, each at a different price and each achieving a high level of succesa at theclosing table.
The Loft Downtown II and 50 both indowntown Miami, and Apogee, in South Beach, have closede on 80 percent or more of their The consistent factor among the threre was their highly desirable locations. Longtimed Miami real estate operatorRafael Kapustin, who sold Relatecd the Loft site, said he wasn’t surprised by the typexs and locations of projects holding up well, even in the face of a real estat downturn. In downtown Miami specifically, he the density of units and proximity to offic centers creates theNew York-style scalr and convenience that many buyers hunger for. Each projecft also targets a niche.
Loft II was markete d as affordableto single, young 50 Biscayne was pitched to middle-class couples and Apogee to the polo crowd. High-end luxury condominium Apogee has closed 66 of its 67 unitsesince January. Loft II is with 88 percent of its units havintg closed since October oflast year. 50 Biscayn e has closed on 79 percent of its according tocourt records. Oscar who runs Related’s affordable division, said the numbedr of units closed at Loft II is closer to 95 attributing the lower deed numbeer to a countyrecording lag. He said the Relater brand, the quality of the product and its locatiohn were all key toLoft II’s success.
“The price was extremelyu competitive and its close location to mass transitr makes it more attractive to Rodriguez said. The tower has a Metromovef station atits center. Continuum II comes in thir d inoverall performance, according to deedws filed at the courthouse. The first deeds were filed in March and already the projectr stands 80percent closed. Other standouts include Marin Blue in downtown Miami and thePedro Martin-led ’s Quantu on the Bay just to the north. Both exceedf a 50 percent closing rate. Quantum began filintg deeds in January, with Marinw Blue deeds first hittinhg court records twomonths later.
Esslinge Wooten Maxwell broker Kevin Tomlinsonsaid Continuum’sa success is based on two factors: it is located in the heary of South Beach and its buyers are wealthy without financinvg concerns. “People were wanting to close at said Tomlinson, the author of SouthBeachRealEstateBlog.com. “It’s a differentg type of buyer. The buyer that bought there isn’t dependeny on the mortgage market. They could closew cash if theyneeded to.” Quantukm on the Bay is a success story becausd of its $320-a-square-foot pricing when it sold and its It sits with unobstructed viewss of Biscayne Bay and within a block of the Adrienned Arsht Center for the Performing Arts.
But theres are plenty of buildings still strugglinhg under the weight of an overbuil t market andweak economy. Among the weaker buildingsd is Havana Loftsin Miami’sd Little Havana neighborhood. The project has seen only 19 percent of its unit s closesince December.
Wednesday, July 11, 2012
Tourism Push Targets State House Landmark - Wall Street Journal
oryzacody.wordpress.com
Tourism Push Targets State House Landmark Wall Street Journal Despite a multimillion-dollar tourism campaign touting Connecticut's role in the Revolutionary War, an 18th-century landmark in downtown Hartford remains closed on Sundays. |
Monday, July 9, 2012
Advanta agrees to refund customers up to $35M in FDIC agreements - Houston Business Journal:
edovogopu.wordpress.com
That agreement addresses charges that theSprinfg House, Pa.-based company violated federal trad laws through its pricing strategies on business credit and in its marketing of cash-baclk rewards on the cards. Advanta said it did not admit wrongdoinv and that it enteredf theagreements “in the interest of expediency and to avoi litigation.” Advanta said it took a $14 million chargwe to cover refunds tied to the allegexd marketing violations in third-quarter 2008 and will take a second-quartetr 2009 charge to cover refundss over its pricing strategies, which it said could totalk $21 million. Advanta also agreed to a $150,0000 fine.
In a separate agreement with the FDIC, Advanta’z ability to use cash and pay dividends has been The company must submiyt a plan to remain and submit a plan to terminateits deposit-takintg operations and deposit insurance once its deposits are repaid in full, a procesxs expected to take a few years. The second agreemengt with the FDIC places restrictionson Advanta’se use of its cash payment of dividends and transactions that would materiallu alter its balance sheet composition and takinyg of brokered deposits. Advanta said the second order does not in any way restric t it from continuing to service itsmanaged credit-card accountsw and receivables.
In an effort to limit lossees and erosion of its capital ascredift deteriorates, Advanta said in early May that its securitization trust will go into earlu amortization — where the company uses receivable from customers to accelerate payment to investor bondholders. While that protectd investors from prolonged exposurre to a pool of receivables whose creditf performancehas deteriorated, Advanta would have needed an alternative way to fund new purchasews on its customers’ credir cards. So it had to shut down future use, effective May 30. It has since referred some customere to AmericanExpress Co. Advanta’s stock closed 2 7 percent loweer Wednesday at42 cents.
That agreement addresses charges that theSprinfg House, Pa.-based company violated federal trad laws through its pricing strategies on business credit and in its marketing of cash-baclk rewards on the cards. Advanta said it did not admit wrongdoinv and that it enteredf theagreements “in the interest of expediency and to avoi litigation.” Advanta said it took a $14 million chargwe to cover refunds tied to the allegexd marketing violations in third-quarter 2008 and will take a second-quartetr 2009 charge to cover refundss over its pricing strategies, which it said could totalk $21 million. Advanta also agreed to a $150,0000 fine.
In a separate agreement with the FDIC, Advanta’z ability to use cash and pay dividends has been The company must submiyt a plan to remain and submit a plan to terminateits deposit-takintg operations and deposit insurance once its deposits are repaid in full, a procesxs expected to take a few years. The second agreemengt with the FDIC places restrictionson Advanta’se use of its cash payment of dividends and transactions that would materiallu alter its balance sheet composition and takinyg of brokered deposits. Advanta said the second order does not in any way restric t it from continuing to service itsmanaged credit-card accountsw and receivables.
In an effort to limit lossees and erosion of its capital ascredift deteriorates, Advanta said in early May that its securitization trust will go into earlu amortization — where the company uses receivable from customers to accelerate payment to investor bondholders. While that protectd investors from prolonged exposurre to a pool of receivables whose creditf performancehas deteriorated, Advanta would have needed an alternative way to fund new purchasews on its customers’ credir cards. So it had to shut down future use, effective May 30. It has since referred some customere to AmericanExpress Co. Advanta’s stock closed 2 7 percent loweer Wednesday at42 cents.
Sunday, July 8, 2012
Jerome Contamine Executive Profile
hydiuco.blogspot.com
Jrme Contamine is a Graduate of EcoldPolytechnique (X), France
Jrme Contamine is a Graduate of EcoldPolytechnique (X), France
Friday, July 6, 2012
The Board of LBi International NV Notes the Press Speculation That Has Arisen ... - MarketWatch (press release)
uraa-quartely.blogspot.com
The Board of LBi International NV Notes the Press Speculation That Has Arisen ... MarketWatch (press release) AMSTERDAM, THE NETHERLANDS, Jun 25, 2012 (MARKETWIRE via COMTEX) -- The Board of LBi International N.V. ("LBi" or the "Company") (euronext amsterdam:LBI), notes the press speculation that has arisen following the recent announcement of ... EIN PRESSWIRE: A Press Release distribution service of EIN News |
Thursday, July 5, 2012
Another drop in Colorado sales-tax revenue - Austin Business Journal:
proklofuxaanygez.blogspot.com
percent — in May from the same month the year girding legislators for what they expect will be another roun d of cuts innext year’s fiscal budget. With the statwe most of the way through a fiscal year that ends onJune 30, no more cuts are likelh for this year, said Joint Budger Committee Vice Chairman Jack Pommer, a Democratixc representative from Boulder. The Legislaturee has designated that any furthet funding shortfall this year will be fillefd by money fromthe state’ss undesignated reserve fund and from a one-day borrowingf of other funds to be repaids on July 1.
However, the continued fall of revenues beloq expectations means the six JBC members who setthe state’e budget must begin looking soon at additionalk ways to scale back expensexs or services in next year’s fiscal plan, several memberw said. “I guess this means we’rew not out of the woods Pommer said. “We’re going to have to prepare for more cuts next year on top ofwhat we’ved already made.” Legislators filled a $1.
4 budget shortfalol over the past six months by raiding the reserve transferring hundreds of millions of dollars from cash-funde d accounts and cutting about $300 million in As revenues continue to come in belowq forecast, that talk will begin again. State sales-tax receipts for May were off by $30 a 17.9 percent drop from last Individual income taxes fellby $66.3 milliomn or 19.7 percent, and corporats income taxes dropped by $2.2 million or 13.2 State reserves have about $148 million that can be used to offsey revenue shortfalls, noted Rep. Mark D-Denver.
If the state must transfe funding temporarily, however, that will only push the proble of balancing the budget further off untiknext year, he said. “The question is: Does revenuew in the future pick upif we’rwe starting to see recovery, or Ferrandino said. “We’re starting to see some indications that the economy is startingto recover, if not leve off.”
percent — in May from the same month the year girding legislators for what they expect will be another roun d of cuts innext year’s fiscal budget. With the statwe most of the way through a fiscal year that ends onJune 30, no more cuts are likelh for this year, said Joint Budger Committee Vice Chairman Jack Pommer, a Democratixc representative from Boulder. The Legislaturee has designated that any furthet funding shortfall this year will be fillefd by money fromthe state’ss undesignated reserve fund and from a one-day borrowingf of other funds to be repaids on July 1.
However, the continued fall of revenues beloq expectations means the six JBC members who setthe state’e budget must begin looking soon at additionalk ways to scale back expensexs or services in next year’s fiscal plan, several memberw said. “I guess this means we’rew not out of the woods Pommer said. “We’re going to have to prepare for more cuts next year on top ofwhat we’ved already made.” Legislators filled a $1.
4 budget shortfalol over the past six months by raiding the reserve transferring hundreds of millions of dollars from cash-funde d accounts and cutting about $300 million in As revenues continue to come in belowq forecast, that talk will begin again. State sales-tax receipts for May were off by $30 a 17.9 percent drop from last Individual income taxes fellby $66.3 milliomn or 19.7 percent, and corporats income taxes dropped by $2.2 million or 13.2 State reserves have about $148 million that can be used to offsey revenue shortfalls, noted Rep. Mark D-Denver.
If the state must transfe funding temporarily, however, that will only push the proble of balancing the budget further off untiknext year, he said. “The question is: Does revenuew in the future pick upif we’rwe starting to see recovery, or Ferrandino said. “We’re starting to see some indications that the economy is startingto recover, if not leve off.”
Wednesday, July 4, 2012
Lamb Of God Singer Receives Support From Slash, Sebastian Bach - MTV.com
ukatekexo.wordpress.com
E! Online | Lamb Of God Singer Receives Support From Slash, Sebastian Bach MTV.com Many members of the metal community spoke out in support of Lamb of God singer Randy Blythe over the weekend. Lamb of God Singer Randy Blythe Arrested as Part of Manslaughter Probe of ... Prague Police Held Randy Blythe in Manslaughter Investigation Lamb of God singer Randy Blythe still in Prague prison |
Monday, July 2, 2012
Don't Publish That Book! - Forbes
tenamup.wordpress.com
Forbes | Don't Publish That Book! Forbes A modicum of self-restraint would help new authors develop a career, rather than scratch a short-termist publishing itch. |
Sunday, July 1, 2012
Siri hears you, but often responds incorrectly - San Francisco Chronicle
xoqylyjibo.wordpress.com
Siri hears you, but often responds incorrectly San Francisco Chronicle Of 1600 common searches, the speech technology accurately resolved the request 62 percent of the time on a loud street and 68 percent in a quieter setting, according to a report released Friday by investment bank Piper Jaffray Cos. The report graded ... |
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