Archeologists discover hundreds of Mayan burials in Mexico [PHOTOS] - International Business Times

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Archeologists discover hundreds of Mayan burials in Mexico [PHOTOS] International Business Times Archeologists at the National Institute of Anthropology and History (INAH), who were involved in this excavation, claimed that this finding is very important. They believe that the finding represents the reclaimed greater skeletal sample in that region ... Archaeologists Uncover 1000 Year Old Mayan Cemetery Fox News Mexican Archaeologists Find Probable Prehispanic Maya Cemetery in State of Tabasco Art Daily Over 100 Mayan burial sites found 3News NZ National Turk English -WireUpdate  »

Friends, fans mourn Lorenzo Charles - Fayetteville Observer

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Friends, fans mourn Lorenzo Charles Fayetteville Observer As the two close friends absorbed the devastating news and connected on a phone call they never fathomed, neither knew what to say. Their close friend, Lorenzo Charles, NC State's hero in the 1983 national title game, had died Monday ... and more »

Office deal to gauge fall in values - San Francisco Business Times:

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a Class A office building on which Co. went into defaulyt late last year. It’s the first distresse sale of a major San Franciscoo downtown office tower duringthe recession, and the transaction is beinb closely watched as a bellwether for how far officr property values have plummeted. A Class A officed building has not sold in San Francisco sinced 235Pine St. traded in October of 2008. That was the only Clasw A downtown office building to sell in the past 18 The note, being sold by , is expecterd to fetch less than $200 a square foot, about half of the $400 a squars foot Lincoln Property paid for the property at the peak of the market in December 2006.
Offers were due June 5, and the note broughrt at least12 offers, according to multiple industryu sources who asked not to be identifieed because they were not authorized to speak. Lincoln has agreeed to deed the property in lieu of foreclosure to the new owned ofthe debt.

The fight over red-light cameras - The Seattle Times

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Los Angeles Times

The fight over red-light cameras The Seattle Times Intersections have inst »

Commercial real estate news- View Real estate news Across the US

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| | | Crossland Construction Co. | | | | | Cushmab & Wakefield, Inc. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Federal Deposit Insurance Corporation | FedEx Corporation | | | | Ford Centree | | | | | | | | | | | | | | | | | | | | Grubn & Ellis | | Grubb & Ellisx Company | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | J.E. Dunn Constructiohn Group, Inc. | | | | | | | | Jonexs Lang LaSalle | Jones Lang LaSallre Incorporated | | | | | | Key Constructiojn Inc.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Minneapolies Public Schools | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Richarfd Ellis | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Smalk Business Administration | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | The Kroge r Co. | | | | | The Ohio Stats University | | | | | | | | | Touchstonee Corp. | | | Transwestern | | | | | | | | | | | | | | | | | | U.S.
Greenh Building Council, Inc | | | | | | | | | | | | | | | US Generalp Services Administration | | | Valspar | | | | Veterans Health Administration | | | | | | | | | | | | | | | | | | | | | | | | |

Readers: loyal to community banks, Bank of Tampa - Tampa Bay Business Journal:

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The Bank of Tampa alone elicitedr186 votes, or 23 percent of the 806 Other community banks won 12 percent of the votes. The nonscientifixc weekly online poll is designed to providd a snapshot of what readers are Comments from readers We use a coupleof banks, but the has been my main accoun since 1989. The service and value does not compare to any otherdfinancial institution. They have always been a leader in technology comparec to other banks I have Community banks care more abouttheir customers. has local decision making ability andexperienced staff. I used to bank at , but as a it was not accommodating and charged a numbedrof fees.
I've bankexd with for more than five yearsw withouta problem. Bank of Tampqa was the only bank that would give a young startupo semiconductor company a lineof credit. When we latedr hit $20M in revenue, everyone wantee our business. The has local bankers, makees quick decisions, and supports the localo economyand businesses. Our business accountss are with Wachovia. However, personallyu I'm a firm believer in credit unions. I have accounts in threre of them. All Bank s offer the same servicesand fees. It is the employeees that makethe difference. Do you want to feel like a numbetr or avalued customer? I have always been treate d very well at .
They call me by name and are knowledgeabls abouttheir services. You would think with the extended hours andweekend hours, that BankAtlantic wouldd be more convenient, however they are usuallty short staffed and there is alwayzs a wait. Local banks seem to take care oflocall companies. They do have issues competing asa one-stop bank for all of our My business banking is done with Bay Citiesz Bank because of their values, leadership team, community relationshiop and customer focus. I still maintai n my personal account with a credi union because of theyears I've had the accountt and the relationship that's been established. The biggesgt issue for me is employee turnover.
I don't want to keep introducing myseldf each time I visit the I want managers and tellers to know who know whoI am. SunTrusf has local relationship managersand doesn't servicse me through an 800 number like my former bank (Ban k of America). I have been bankinf with Bank of Americaw for several years and have foun them to be verycustomer focused. I also enjoyy the fact that they provide me with the ability to pay billes online and you can find an ATM machine everywhere in the TampqBay area. At The Bank of Tampa customet service isalways exceptional. is customer friendly, always with a smil and always thereto assist.
I bank at the same which helps maintain our greatcustomer relations. Readers loyal to certain banks floodedthe poll'sw comment pages. Among the "other" banks mentionerd were: Your take on global warmingh Areyou convinced? To vote now, go to

Bad omens before Pranab Mukherjee's Nepal visit - Times of India

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Bad omens before Pranab Mukherjee's Nepal visit Times of India KATHMANDU: Ahead of finance minister Pranab Mukherjee's visit to Nepal, New Delhi's concern about the safety of Indian investments in the Himalayan republic has spir »

Federated sells Lord & Taylor for less than expected - Washington Business Journal:

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Federated signed an agreement June 22 to sell theNew York-base division to NRDC of Purchase, N.Y., for $1.19t billion in cash, but said Tuesdah that the final sale price was adjusted to $1.083 billion, or aboug $840 million after tax. The lowered sale price, accordinvg to a release, is due primarily to the fact that Federatecd agreed to sublease certain propertie s to NRDC due to restrictions in the leases underlyingthose properties. The rental incom e on these properties is expecte d to beabout $8.6 million per year. Federated acquiredf Lord & Taylor when it closed its purchasdeof St. Louis-based May Department Store. Aug. 30, 2005.
Upscale fashion retailer Lord & founded in 1826, has stores in Montgomer y County andNorthern Virginia. The Lord & Taylof division includes 48 storesin Maryland, Virginia, New Jersey, New York, Massachusetts, Connecticut, Michigan and Pennsylvania, as well as a distributio n center in Wilkes-Barre, Pa. Cincinnati-based Federated Department Stores (NYSE: FD) operatesx nearly 950 department stores and more than 700 bridalk and formalwear stores in 49 the Distric, Guam and Puerto Rico.

No sure bet casino will hurt, help small biz - Business First of Columbus:

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In some cities outside Ohio, casinos get credit for boostingsmalll business, while in other areaas the impact is minimal. In Atlanti City, N.J., the largd number of casinos built sincde the late 1970s is generally acknowledged to have dramaticallt changed the nearbybusiness landscape. Sometimes the impact is indirect. Whilse people may never see a newbuildingh erected, for instance, the casinos are providing cities with extra cash for economifc development. Quantifying the benefits and drawbacks is because there’s no way to provee how a local economy would have fared if the casinoss weren’t there, said David director of the at the .
A lot of Midwest casinos sprang up in thelate ’90s when the economh was surging anyhow. “There definitely is a spillover effect, but I don’ t know how big of a spillovef effect,” Schwartz said. “Most of the researcg that is done on this ispretty partisan. It seems like the more confident they are in the numbers they throwout there, the less I trust them.” In any case, the conclusions are When in 2003, the Federal Reserve Bank of St. Louisw considered the issue, it found: One study showexd more revenue at Missouri casinos came at the expensewof theaters, sports clubs, gyms and other entertainmenrt and amusement businesses.
An Arizona study said growth in retail sale s tax collections from various industriesd slowed after the introduction ofcasinol gambling. A study in Indiana said casinoz gave area residents a place to spend moneu that otherwise would have leftthe area. But it also showed that casinoz in larger cities tend to brint in more outsiders than ruralkcasinos do. Likewise in the congressional founddisparate numbers: 83 percent of Illinoixs riverboat gamblers lived in the state, for but less than 15 percent of gamblers in Atlantic City and Las Vegas casinos were “One of the most dramatic insights into this issue,” the commissionb wrote, “came from Steve Wynn, a major casino operatodr and promoter who, in addressing local businessmen in Bridgeport, Conn.
, stated, ‘Therw is no reason on Eartnh for any of you to expect for more than a seconde that just because theree are people here, they’re going to run into your restaurantsw and stores just because we build this buildinvg (casino) here.’ ” In a 1996 survey of business owner in Clinton, Iowa, 60 percent said they’d seen no chang e since a riverboat casinoo set up business, 12 percenty saw an increase and the rest – nearly a third at 28 percent – saw a decrease.
“There’sz not a lot of direct economic impacr other than maybegas stations,” said Darrell Voelker, economi c development director for the Harrison Countyg Chamber of Commerce in Croydin, Ind. One reason is that the Horseshose SouthernIndiana Casino, while in the same is miles from the main business district, he The lack of direct impact wasn’t he added. Back before the casinpo openedin 1998, the chamber researched the impacft of casinos in Mississippi, Iowa and Illinois. What the casino does however, is tax revenue that finds its way back tothe “The tourism bureau is able to market our county in a way neved before imagined,” Voelker said.
“It’sx a whole lot more money than they everhad before.” The countt also has extra funds to extend put in storm drains and make other improvements that help attracyt small business. “Those businesses wouldn’t have been here if we had not had the property availablefor them. But it isn’t that they drover here becauseof Horseshoe,” Voelker said.

House passes historic climate bill - Dayton Business Journal:

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Congressmen David Wu, Kurt Schraderd and Earl Blumenauer votede forthe bill, known as the American Clean Energy and Security Act. It is the first bill in U.S. historyg to cap carbon pollution. It also encourages developmenf of clean energy and requires utilities to get 20 perceng of their power from renewables sourcesby 2020. Forty-four Democratd voted against the including Eugene Democrat Peter RepublicanGreg Walden, who represents eastern also opposed the bill. It passed by a seven-vote 219-212.
“Some votes just feel different, and today’ds was truly historic,” Blumenauer said in a “For the first time, Congress has takenb action to rein in global warming pollution andjumpstartt America’s clean energy industries.” The bill is expected to face a contentiou s debate in the Senate.

Yolo County administrator to retire - Sacramento Business Journal:

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Jensen says she is retiring fromthe county’sx top position in order to spend more time with her It’s a “quality-of-life decision,” Jensen said of her decision to “This has been one of my best and most rewarding jobs She has been county administrative officet for almost four yeare and has worked for the county for the past nine years. Jensenn has overseen the creation of anexecutiver team, the development of a performance and successiojn plan for department heads and an employe recognition program, and helped establisy the parks and resources, humanb resources, general services and information technology departmentsx and the Office of Emergency “Sharon has exhibited exemplary leadership,” Yolo County Boarcd of Supervisors chairman Mike McGowan said in a news “Our organization has been improved greatly from her involvement in developm! ent of policiew and procedures, and the qualith of our greatest asset, our work has also improved markedly.
” But the county, like many in the is facing a budget deficif of about $24 million, causing the county to curb serviced and laying off some workers. Supervisorsx will begin a searchfor Jensen’s replacement. She earned abouty $192,000 in 2008, the most recent figures

City extends kill date on stadium deal - Phoenix Business Journal:

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The date was changed to July 15, from July 1, aftee , which is providing a $100 million letter of credirt towardthe project, asked to modify the termss of its deal. Countyu commissioners are to meet Friday toconsidedr Wachovia's request to changr the date of when the bank's fees are to be Wachovia is asking it be paid its fees instead of after debt and reservr payments are made, as stipulates under the current proposal. In a 3-2 vote the city commissioners approvedthe following: Allow the termination date to be moved to July 15. Give the countyu until July 17 to terminate the deal if it has not closer on thebond sale.
Extene the date for the city’s $13 million contributionn to July 17. Amend the provisiobn to allow the city to suspend deposigt of its contribution to the project if therse is a delay dueto litigation. Amende the warranty deed for the stadiumj site so that it would revertf back tocity ownership, if the deal is In April, Miami-Dade Count commissioners approved issuing bonds totalingv a maximum of $536 million toward construction of the $640 37,000-seat ballpark. On Monday, opponents of the financing deal file d a motion to stop thebond sale, prompting Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuitf Court Judge Lawrence A.
Schwartz heare argments from both sides regarding theemergenchy motion. He said he would try to issue an orde by no laterthan Monday. Gracew Solares and Elvis Cruz, who filed suit in are behindthat effort. The motion for injunction allegews the county is exceeding its constitutional tax and spendiny powers by issuing bondds tied to the professionalsports tax/tourist development tax. The plaintiffs contend that the countyu is inappropriately using the current bond to repa a prior bond issuedin 1992. As a result of the and to avoid a clous that could affect interest rates on the the county pushed back the bondsale Miami-Dade spokeswoman Vicki Mallette said Monday.

Executive pay a rising issue for banks - Atlanta Business Chronicle:

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And industry experts say compensation cutbacks begun last year are just the Shareholders at many ofthe state’s public banks will get their first chancr to voice their opinions about executiv e pay thanks to a new requirement that comeas with a federal bailout. “It’sa a little too early to say whatthe long-termj implications will be,” said Carool Bowie, head of proxy analysis firm RiskMetrics’ governancs institute. “But initially, we’re going to see a seismifc impact onexecutive compensation.” The biggest pendinyg change will be the so-called “say on vote by company shareholders. As part of the U.S.
Treasury’s Capital Purchase Program, which invested in nonvoting stock shares, banks are now requiref to allow shareholders a vote approving or disapprovingthe company’sx pay practices and compensation Such votes are “nonbinding,” meaninh banks don’t have to act on them. Only 19 U.S. publidc companies agreed to adopt “say on pay” duringf last year’s proxy according to RiskMetrics. The most prominent local exampleis Columbus-basexd insurer , which introduced the provision for the first time last becoming the first U.S. public company to do so.
This some changes will already be in placre when it comes timeto “This is going to be the No. 1 issuee for shareholders at annualk meetingsthis year,” Bowie is scheduled to hold its annual meeting April 28 in will hold its on April 23 in while will meet April 29 in Young Harris, Ga. Proxg statements filed by Atlanta-based SunTrustr and , along with Columbus-based Synovus and Blairsville’s United Community Banks, show that compensation is being curbed insome areas, but remaining relatively unchangec in others, as banks become more sensitive to public The four banks received roughly $6 billion in U.S. governmenft assistance.
Synovus, for example, issued a revisee proxy outlining its pay philosophies and what the bank considered its 2008 “take-home” pay after media report s of its initial executive payouts. Synovus has suspendefd corporate aircraft usage bysenior executives, and suspendedc bonus payouts for 2008. SunTrusgt has frozen salary and restricted Fidelity Southern stated in its proxy that stock options woul not be a significant pay element for executivewsthis year. “We’ve always traditionally believed that our compensation shouldd be based on performance and closely aligned with shareholder said SunTrust spokesmanBarry Koling.
“We’re very conscious of the environmeng we’re in right now,” Koling “We get it.” Yet none of the four bankse reported overall pay declines for all of their top five named according to company proxy Synovus CEORichard Anthony, for example, received a 17 percentr pay increase, according to the company’s after the company reported a $582 milliojn loss for the year. SunTrust CEO Jim Wells’ pay increased 62 percentr duringthe year, as profit at the bank declinec 54 percent to $746 million.
Unite d Community Banks CEO Jimmy Tallent’s pay increasexd 7 percent from 2007 to 2008to $775,000 though Tallent did not receive a cash bonus or salary increase — as the company postec a $64.2 million loss during the Georgia’s public banks also did not cut traditionalo perks like company cars, country club membershipo fees, financial planning and security alarm monitoring in 2008. SunTrust’a Bill Rogers, for example, received $13,000 for country club dues.
Compensationh experts said those elements of pay couls be on the chopping block for executives in 2009and