JPMorgan Chase fails to end mortgage modification lawsuit Reuters NEW YORK (Reuters) - A federal judge rejected JPMorgan Chase & Co's (JPM.N) bid to dismiss a lawsuit accusing it of misleading thousands of cash-strapped homeowners nationwide about modifying their mortgages. U.S. District Judge Richard Stearns in ... JP Morgan Fails to End Mortgage Modification Lawsuit |
Monday, July 30, 2012
JPMorgan Chase fails to end mortgage modification lawsuit - Reuters
a-aveywe.blogspot.com
Sunday, July 29, 2012
Waterfront living offers friendly perspective - Business First of Buffalo:
jiqatili.wordpress.com
City residents interviewed for this story say there areenough amenities, minus a good mall for clothes to never leave the When their youngest child went to the Belangers moved to the waterfrontr because they work and play in the “Everything we did was downtown. We didn’tt want to keep driving says Belanger, who is chairman of Buffal Place. He says he can walk home from his job as an seniorr vice president to eat dinner and then walk to in time forface off. Davidc and Diane Cress, an optometrist., moved to Lafayette Avenu from Lake View eightr years ago so their daughter could walkto .
“I came kickin and screaming because I thought the city was so saysDavid Cress, vice president, investmenrt officer at . Cress says he discovered his negativew perception is the oppositdof reality. They and their “incredibly friendly” neighbords frequently get together for summer nights out on a sailboatthey co-own with another couple, and for wintertime pot-luck movir nights and an informal bowling league. They walk to the for food grab takeout at theGlobe Market, get a cup of coffese at Spot and dine at the diverse selection of restaurants, all on Elmwood Avenue. “It’s fun. It’x in motion. It’s alive,” says Cress.
Irving and Bettt Korn didn’t live close enough to downtown when they lived in theCampanilw high-rise at 925 Delaware Ave., so they moved to City Centrer at Main and Chippewa when it firsg opened in 1992. Betty Korn says she has everythinyg she needs within walking distance like aconvenience store, the post office, library, theater and restaurants. “I think more peoplse my age should realizre how convenientit is,” says the 80-year-old. She does driver to Tops or Wegmans for food shoppingtand Diva’s on Hertel Avenue to get her hair done. But that’ws no different than travelinh withinthe suburbs, she says.
Like Damon & Morey LLP attorney Brian Birenbach drive to groceryshop – Tops on South Park Avenue is less than five minute away from the Elk Terminal Lofts and to his barber in Williamsville. But he stays close by shopping at the and eating dinner at the onEllicottf Street, as well as walks to work and to games. “While everyone else is fighting traffic toget home, I’ m in bed,” he said. The only thingh that’s missing, for him, is a golf “There’s a big empty tract of land that would be good for a golf he says. What’s really missing? Korn woulde like to see a card shop andElmwoof Avenue-like boutiques downtown.
Bill Jones, anothef City Centre resident, agrees. He would like a newsstanx and a mixof businesses, not just bars, on “Elmwood is a great example of what shoulde be down here,” says the Cityview Propertiese partner. Medaille College student Michol Lavelle, who lives in the Hollinv Place Lofts, thinks a tanning movie rental and stores along with a Main Place Mall would benefit thedowntownb core. “Every city has an awesome mall inthe city, and we she says.
City residents interviewed for this story say there areenough amenities, minus a good mall for clothes to never leave the When their youngest child went to the Belangers moved to the waterfrontr because they work and play in the “Everything we did was downtown. We didn’tt want to keep driving says Belanger, who is chairman of Buffal Place. He says he can walk home from his job as an seniorr vice president to eat dinner and then walk to in time forface off. Davidc and Diane Cress, an optometrist., moved to Lafayette Avenu from Lake View eightr years ago so their daughter could walkto .
“I came kickin and screaming because I thought the city was so saysDavid Cress, vice president, investmenrt officer at . Cress says he discovered his negativew perception is the oppositdof reality. They and their “incredibly friendly” neighbords frequently get together for summer nights out on a sailboatthey co-own with another couple, and for wintertime pot-luck movir nights and an informal bowling league. They walk to the for food grab takeout at theGlobe Market, get a cup of coffese at Spot and dine at the diverse selection of restaurants, all on Elmwood Avenue. “It’s fun. It’x in motion. It’s alive,” says Cress.
Irving and Bettt Korn didn’t live close enough to downtown when they lived in theCampanilw high-rise at 925 Delaware Ave., so they moved to City Centrer at Main and Chippewa when it firsg opened in 1992. Betty Korn says she has everythinyg she needs within walking distance like aconvenience store, the post office, library, theater and restaurants. “I think more peoplse my age should realizre how convenientit is,” says the 80-year-old. She does driver to Tops or Wegmans for food shoppingtand Diva’s on Hertel Avenue to get her hair done. But that’ws no different than travelinh withinthe suburbs, she says.
Like Damon & Morey LLP attorney Brian Birenbach drive to groceryshop – Tops on South Park Avenue is less than five minute away from the Elk Terminal Lofts and to his barber in Williamsville. But he stays close by shopping at the and eating dinner at the onEllicottf Street, as well as walks to work and to games. “While everyone else is fighting traffic toget home, I’ m in bed,” he said. The only thingh that’s missing, for him, is a golf “There’s a big empty tract of land that would be good for a golf he says. What’s really missing? Korn woulde like to see a card shop andElmwoof Avenue-like boutiques downtown.
Bill Jones, anothef City Centre resident, agrees. He would like a newsstanx and a mixof businesses, not just bars, on “Elmwood is a great example of what shoulde be down here,” says the Cityview Propertiese partner. Medaille College student Michol Lavelle, who lives in the Hollinv Place Lofts, thinks a tanning movie rental and stores along with a Main Place Mall would benefit thedowntownb core. “Every city has an awesome mall inthe city, and we she says.
Friday, July 27, 2012
ESPN to share Spanish soccer rights with GolTV - Denver Business Journal:
takes-trendsthe.blogspot.com
One member of La Liga, Real has made headlines recently acquiring two of the biggest namesd in thesport -- Kaka and Cristiano Ronaldo's transfer recently made waves for beingg the most expensive transfer in the sport'sw history. Matches will be shown on both ESPN2w andESPN Deportes, as well as ESPN360.com. ESPN Deportese and ESPN360.com will also have rights to Copadel Rey, Spain’s domesti c cup tournament. "We’re thrilledf to work with GolTV to showcasw La Liga on ESPN for the first time to socceer fans inthe U.S.
With the pending additiomn of Cristiano Ronaldo and the timing is great to include this greag property to the ESPN Deportes as it is the most exciting soccerd league in theworlds today," Lino Garcia, general manager of ESPN Deportes, said in a
One member of La Liga, Real has made headlines recently acquiring two of the biggest namesd in thesport -- Kaka and Cristiano Ronaldo's transfer recently made waves for beingg the most expensive transfer in the sport'sw history. Matches will be shown on both ESPN2w andESPN Deportes, as well as ESPN360.com. ESPN Deportese and ESPN360.com will also have rights to Copadel Rey, Spain’s domesti c cup tournament. "We’re thrilledf to work with GolTV to showcasw La Liga on ESPN for the first time to socceer fans inthe U.S.
With the pending additiomn of Cristiano Ronaldo and the timing is great to include this greag property to the ESPN Deportes as it is the most exciting soccerd league in theworlds today," Lino Garcia, general manager of ESPN Deportes, said in a
Wednesday, July 25, 2012
Blocking Medicaid expansion may burden hospitals - Pittsburgh Post Gazette
martaemimbzini.blogspot.com
VentureBeat | Blocking Medicaid expansion may burden hospitals Pittsburgh Post Gazette From the hospitals' perspective, expanding Medicaid was part of the bargain when they agreed to Medicare and Medicaid reimbursement cuts and a reduction in "disproportionate share" payments in talks leading up to the Affordable Care Act. The agreed-to ... Expanding Medicaid Improves Physical, Psychological, and Financial Health Rick Scott and Scott Randolph pen competing essays on Medicaid expansion Businesses will push Perry to rethink Medicaid expansion rebuff |
Monday, July 23, 2012
Senator Tasks Enugu Indigenes in US On Educational Development - AllAfrica.com
vypybiza.wordpress.com
Senator Tasks Enugu Indigenes in US On Educational Development AllAfrica.com Senator Gilbert Nnaji has urged indigenes of Enugu State living in the United States and the diaspora as a whole to contribute meaningfully to the development of education in the State. Senator Nnaji who represents Enugu East Senatorial district, made ... |
Sunday, July 22, 2012
Sources: CVS ready to enter Central Valley - Sacramento Business Journal:
titus-neither.blogspot.com
"They are making a lot of deals right saidMatt Holmes, a principakl with Bay Area brokerage , who is not working with CVS. In the four-counthy metro area, CVS has "supposedly 20 sitesz locked up," said a local real estate sourcewho didn'ft want to be named. The company'es move into Northern California would be part of an aggressivs push into the westernUnited States. CVS woulfd enter a fiercely competitive market witha half-dozen majore drugstores, the pharmacy business of supermarket and other big-box stores, and the few independent drugstores that said George Whalin, a Southern Californiwa retail consultant who grew up in "It's a brutal business today," he Drugstore companies are in part attracted to the boost in prescription businesz promised as baby boomers grow But that business won't be enough to support all the existingf and new drugstores, industry sourcesx said.
Some speculate CVS drugstorese could start opening in the regiobnext year, and the company mighg open first in the Centralp Valley south of Sacramento, where real estater is cheaper and easier to find. Representative of CVS, which operates drugstores in 38 wouldn't comment on plans for Sacramento. The compan is said to have enlisted the help oflocap brokers, but one of those brokers referrefd calls to CVS' development partner, in Pittsburgh. Armstrong referrerd calls to CVS. Retail real estate sourcesa said the drugstore chain has been scouting the Sacramentk area for at leasta year.
CVS could have been slowed in its efforts when it mergec with pharmacy benefits manager in Last year, CVS also picked up more than 700 Sav-om and pharmacies in the breakup of the CVS needs to enter Greater Sacramento with a larged enough mass, perhaps at least a dozem stores, to justify the cost of advertisinyg and a distribution center, Whalin said. But CVS wantws the same real estate that many retailersscovet -- lots on high-traffic intersectionsx that accommodate a drive-through window and quick customeer visits. This convenience helps drugstorexs compete against pharmaciesinside big-box stores such as Wal-Mart and .
"Gettinyg a prime corner is not saidBoyd Cahill, a broket with TRI Commercial/Corfac International. "Youu can get a 'C' corner, but it'ds difficult to get the 'A' The nearest CVS storese are in Reno, Carsomn City and Sparks, Nev., according to the retailer'as Web site. Walgreens starterd developing in neighborhoods with convenient locations at least adecadwe ago, and other drugstore chains have followed Whalin said. Drugstore chains also are competinf with gas stationsand fast-food restaurants for the corner On its Web site, CVS says it prefer s 11?2 to 2 acres for new stores, which are aboutr 12,900 square feet.
The company also buys existing independenr drugstores andsmall chains. Some industry observerds speculatethat , a regional chai with many older stores, might be an acquisition target by CVS or anothe r chain. Longs and representatives would not commenyt on the possible entry by CVS intoNorther California. officials did not returnj calls. CVS is aggressively expanding inSouthern California, a markegt sought by its competitors, too. CVS has becomer "the dominant power in Los Angelese with 265 stores and a pharmacy market shar eof 30.8 percent," Drug Store News reported June 25.
The trades publication said CVS had beena "birt player" in that city with abougt 20 stores until it acquiresd Albertsons Sav-on and Osco stores.
"They are making a lot of deals right saidMatt Holmes, a principakl with Bay Area brokerage , who is not working with CVS. In the four-counthy metro area, CVS has "supposedly 20 sitesz locked up," said a local real estate sourcewho didn'ft want to be named. The company'es move into Northern California would be part of an aggressivs push into the westernUnited States. CVS woulfd enter a fiercely competitive market witha half-dozen majore drugstores, the pharmacy business of supermarket and other big-box stores, and the few independent drugstores that said George Whalin, a Southern Californiwa retail consultant who grew up in "It's a brutal business today," he Drugstore companies are in part attracted to the boost in prescription businesz promised as baby boomers grow But that business won't be enough to support all the existingf and new drugstores, industry sourcesx said.
Some speculate CVS drugstorese could start opening in the regiobnext year, and the company mighg open first in the Centralp Valley south of Sacramento, where real estater is cheaper and easier to find. Representative of CVS, which operates drugstores in 38 wouldn't comment on plans for Sacramento. The compan is said to have enlisted the help oflocap brokers, but one of those brokers referrefd calls to CVS' development partner, in Pittsburgh. Armstrong referrerd calls to CVS. Retail real estate sourcesa said the drugstore chain has been scouting the Sacramentk area for at leasta year.
CVS could have been slowed in its efforts when it mergec with pharmacy benefits manager in Last year, CVS also picked up more than 700 Sav-om and pharmacies in the breakup of the CVS needs to enter Greater Sacramento with a larged enough mass, perhaps at least a dozem stores, to justify the cost of advertisinyg and a distribution center, Whalin said. But CVS wantws the same real estate that many retailersscovet -- lots on high-traffic intersectionsx that accommodate a drive-through window and quick customeer visits. This convenience helps drugstorexs compete against pharmaciesinside big-box stores such as Wal-Mart and .
"Gettinyg a prime corner is not saidBoyd Cahill, a broket with TRI Commercial/Corfac International. "Youu can get a 'C' corner, but it'ds difficult to get the 'A' The nearest CVS storese are in Reno, Carsomn City and Sparks, Nev., according to the retailer'as Web site. Walgreens starterd developing in neighborhoods with convenient locations at least adecadwe ago, and other drugstore chains have followed Whalin said. Drugstore chains also are competinf with gas stationsand fast-food restaurants for the corner On its Web site, CVS says it prefer s 11?2 to 2 acres for new stores, which are aboutr 12,900 square feet.
The company also buys existing independenr drugstores andsmall chains. Some industry observerds speculatethat , a regional chai with many older stores, might be an acquisition target by CVS or anothe r chain. Longs and representatives would not commenyt on the possible entry by CVS intoNorther California. officials did not returnj calls. CVS is aggressively expanding inSouthern California, a markegt sought by its competitors, too. CVS has becomer "the dominant power in Los Angelese with 265 stores and a pharmacy market shar eof 30.8 percent," Drug Store News reported June 25.
The trades publication said CVS had beena "birt player" in that city with abougt 20 stores until it acquiresd Albertsons Sav-on and Osco stores.
Friday, July 20, 2012
North Korea speculation rampant in Seoul - Huffington Post
showarticle-cultura.blogspot.com
Globe and Mail | North Korea speculation rampant in Seoul Huffington Post SEOUL, South Korea รข€" The surprise news set off a predictable wildfire of speculation and rumors south of the border. Almost as soon as North Korea announced this week that its army chief had been dismissed due to "illness," the aggressive South Korean ... Murky details from North Korea lead to wild speculation in South Korean media |
Thursday, July 19, 2012
Verizon reaches growth milestone - Tampa Bay Business Journal:
yzirapogyg.wordpress.com
FiOS launched in Texas in September 2005 and soon after in the TampqBay area, which has helped fuel the growth of Verizon'w (NYSE: VZ) signature videl product. FiOS grew by 226,000 net customerds in the last quarter of 2007 along with 736,000 total all year. Througnh its partnership with , Verizon says it has more than 1.8 millio video customers. By the end of Verizon was marketing FiOS tonearly 5.9 million homee in 13 states, up by 1.2 million from the end of the thire quarter. Verizon's penetration rate for services at the end of 2007 averagesd 16 percent acrossall markets, and the company adds a new city franchisr each week.
With 1 million customers, FiOS has now surpassed and is hot on the heelss of Mediacom Communications andits 1.3 million FiOS service is now available in parts of the Tampa Bay area as well as California, Delaware, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas and Virginia.
FiOS launched in Texas in September 2005 and soon after in the TampqBay area, which has helped fuel the growth of Verizon'w (NYSE: VZ) signature videl product. FiOS grew by 226,000 net customerds in the last quarter of 2007 along with 736,000 total all year. Througnh its partnership with , Verizon says it has more than 1.8 millio video customers. By the end of Verizon was marketing FiOS tonearly 5.9 million homee in 13 states, up by 1.2 million from the end of the thire quarter. Verizon's penetration rate for services at the end of 2007 averagesd 16 percent acrossall markets, and the company adds a new city franchisr each week.
With 1 million customers, FiOS has now surpassed and is hot on the heelss of Mediacom Communications andits 1.3 million FiOS service is now available in parts of the Tampa Bay area as well as California, Delaware, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Rhode Island, Texas and Virginia.
Wednesday, July 18, 2012
Family Care becomes first discount medical plan licensed in state - Sacramento Business Journal:
proklofuxaanygez.blogspot.com
The license is valid for 24 months. The plan is availables in mostCalifornia counties, including Placer, Yolo and El Dorado. Family Care is a discount membershi program designed to save money on healthcare services; it is not healtuh insurance. The Family Care Choice progra offered bythe Houston-based company offers discounts on a variethy of doctor services and outpatient care such as physicalk therapy and mental health. It also offers discounts on pharmacy, radiology and imaging, dental, chiropractic, visionn and hearing services.
Membership is availabl to an entire household fora $99 enrollmenrt fee and monthly charge of Discounts will range from 5 percenf to 40 percent for most services. Family Care planzs are available to everyone regardless ofcitizenship status. “For over 26 years, Familu Care has provided tens of thousand of households nationwidewith cost-effective discount medical programs that comprisr a full range of health-related servicesx and the very best customer Dr.
Mike Rabie, chief executive officerd of Family Care, said in a news Discount health cards have been heavily marketed in Californi a in recent years with mixed succes and much concern about The California Department of Managed Health care has receivef more than 925 complaintsa since 2003 from victims misled by fraudulent discoungt health care companies into thinkiny they were buying health insurance or stumped by an inabilityt to find doctors who supposedly contracted with the Enforcement action and an ongoinv investigation into the growing industry prompted the departmentg to establish a licensing structure to protect consumers and providdestate oversight.
“Now, more than ever, during this time when peoplw are losing health insurance due to severw economic problems facing our government and it is in the best interesft of consumers to regulate and license legitimate discounthealth plans,” agency director Cindy Ehnes said in a news “Licensure will also ensure that consumers get the promised discounte and fully understand that thesr products are not health Discount health plans must ensure that contracted providersw agree to charge no more than the discounted They must also have written subscriber contracts that clearlgy state membership terms and conditionws and how members can cancel get a refund and contacr state regulators for help, if necessary.
For more contact familycarecalifornia.com.
The license is valid for 24 months. The plan is availables in mostCalifornia counties, including Placer, Yolo and El Dorado. Family Care is a discount membershi program designed to save money on healthcare services; it is not healtuh insurance. The Family Care Choice progra offered bythe Houston-based company offers discounts on a variethy of doctor services and outpatient care such as physicalk therapy and mental health. It also offers discounts on pharmacy, radiology and imaging, dental, chiropractic, visionn and hearing services.
Membership is availabl to an entire household fora $99 enrollmenrt fee and monthly charge of Discounts will range from 5 percenf to 40 percent for most services. Family Care planzs are available to everyone regardless ofcitizenship status. “For over 26 years, Familu Care has provided tens of thousand of households nationwidewith cost-effective discount medical programs that comprisr a full range of health-related servicesx and the very best customer Dr.
Mike Rabie, chief executive officerd of Family Care, said in a news Discount health cards have been heavily marketed in Californi a in recent years with mixed succes and much concern about The California Department of Managed Health care has receivef more than 925 complaintsa since 2003 from victims misled by fraudulent discoungt health care companies into thinkiny they were buying health insurance or stumped by an inabilityt to find doctors who supposedly contracted with the Enforcement action and an ongoinv investigation into the growing industry prompted the departmentg to establish a licensing structure to protect consumers and providdestate oversight.
“Now, more than ever, during this time when peoplw are losing health insurance due to severw economic problems facing our government and it is in the best interesft of consumers to regulate and license legitimate discounthealth plans,” agency director Cindy Ehnes said in a news “Licensure will also ensure that consumers get the promised discounte and fully understand that thesr products are not health Discount health plans must ensure that contracted providersw agree to charge no more than the discounted They must also have written subscriber contracts that clearlgy state membership terms and conditionws and how members can cancel get a refund and contacr state regulators for help, if necessary.
For more contact familycarecalifornia.com.
Monday, July 16, 2012
Hackerman donates $1M for Poly scholarship fund at Towson University - Baltimore Business Journal:
xotavaloso.blogspot.com
The scholarships would enable qualifying Poly graduate to attend the Baltimore Countyuniversity tuition-free. CEO of Towson’s , is a 1935 Poly The school, on Cold Spring Lane, is part of the . The scholarshipw will be made to graduates who intenxd to enroll at Towson in the fall term immediatel following graduatingfrom Poly. Scholarships will be made baseds onfinancial need, academic achievement or some form of exceptionao talent. Hackerman hopes the gift will attracy more students to Towson interested instudying technology, engineering and mathematics.
“Poly graduates are especialluy well-suited to meet these needs, and it is my wish to give them the opportunity to develop their gifts at Towson Hackerman said in anews release. Hackerman previously donated $1 million to establishb the Willard Hackerman Academy of Mathematics and Sciencse atTowson University.
The scholarships would enable qualifying Poly graduate to attend the Baltimore Countyuniversity tuition-free. CEO of Towson’s , is a 1935 Poly The school, on Cold Spring Lane, is part of the . The scholarshipw will be made to graduates who intenxd to enroll at Towson in the fall term immediatel following graduatingfrom Poly. Scholarships will be made baseds onfinancial need, academic achievement or some form of exceptionao talent. Hackerman hopes the gift will attracy more students to Towson interested instudying technology, engineering and mathematics.
“Poly graduates are especialluy well-suited to meet these needs, and it is my wish to give them the opportunity to develop their gifts at Towson Hackerman said in anews release. Hackerman previously donated $1 million to establishb the Willard Hackerman Academy of Mathematics and Sciencse atTowson University.
Sunday, July 15, 2012
Greater Kansas City LISC seeks applicants for redevelopment loans - Kansas City Business Journal:
esivyjifag.wordpress.com
The loans are available through the Acquisitiobn and PredevelopmentLoan Fund, which Greatert Kansas City LISC started in 2007. The fund now has $7 milliomn from three investors: and each providede $1 million, and , of which Greater Kansas City LISC isa member, provided $5 No loans have been made from the fund, John Wood, seniot program officer for Greater Kansas City LISC, said “We’ve had some interest in it, but the projecta haven’t quite gelled,” he “The project falls through because the economy and the real estatew market has really hit us hard.
” This fund differs from othe r funds administered by Greater Kansas City LISC because it focusess on predevelopment, such as land engineering and architectural services, and environmentalo studies, Wood said. Loans will be considered to supporty development in LISC NeighborhoodsNOW communities on both sides of thestate line, the organization said in a The fund’s loans carry a 7 percent fixed interes rate, closing fees of as much as 1.5 percent and applicable legal fees. Phase I environmentak assessment and evidence of compliance with zoning and regulatory and land use requirementsx maybe required.
Since 1981, Greateer Kansas City LISC has invested morethan $106 milliomn in urban-core neighborhoods on both sideds of the state line. The loans have leveraged $567.7 million in total development.
The loans are available through the Acquisitiobn and PredevelopmentLoan Fund, which Greatert Kansas City LISC started in 2007. The fund now has $7 milliomn from three investors: and each providede $1 million, and , of which Greater Kansas City LISC isa member, provided $5 No loans have been made from the fund, John Wood, seniot program officer for Greater Kansas City LISC, said “We’ve had some interest in it, but the projecta haven’t quite gelled,” he “The project falls through because the economy and the real estatew market has really hit us hard.
” This fund differs from othe r funds administered by Greater Kansas City LISC because it focusess on predevelopment, such as land engineering and architectural services, and environmentalo studies, Wood said. Loans will be considered to supporty development in LISC NeighborhoodsNOW communities on both sides of thestate line, the organization said in a The fund’s loans carry a 7 percent fixed interes rate, closing fees of as much as 1.5 percent and applicable legal fees. Phase I environmentak assessment and evidence of compliance with zoning and regulatory and land use requirementsx maybe required.
Since 1981, Greateer Kansas City LISC has invested morethan $106 milliomn in urban-core neighborhoods on both sideds of the state line. The loans have leveraged $567.7 million in total development.
Friday, July 13, 2012
Whole Foods adopts new verification standard for private label products - Birmingham Business Journal:
uzirukynurylew.blogspot.com
Austin, Texas-based Whole Foodd (NASDAQ: WFMI), which has a store in Birminghamon U.S. 280, will work with the Non-GMOp Project, a nonprofit collaborative of manufacturers, retailers, processors, distributors, farmerds and others. The product verification program is the reportedltthe nation's first system designed to scientifically test whether a productt has met a set of defined standards for the presenc e of genetically engineered or modifieed organisms. "From the moment GMOs were approveed for use inthe U.S.
, we recognized the need for but there was no definitives standard by which to evaluate or labekl products," said Margaret Wittenberg, Whols Foods Market global vice president of quality standards. "We searched high and low for yeards for a way to do thisand now, thankfully, the Non-GM Project has answered that challengs by creating a standard and a practical systen by which manufacturers may measure their At last, shoppers concerned about foodss made with genetically modified ingredients will be able to make informe d choices.
" According to the FDA, as much as 75 percen of processed food in the United States may contai n components from genetically modified Despite the abundance of products with genetically modified ingredients, a Pew Initiativr study on food and biotechnology shows that 59 percentt of Americans are unfamiliar with the issue of geneticallyy modified ingredients in food. Whiled Federal law requires organic producer to comply withcertain non-GMO requirements identifief in the USDA organic standards, there is no standard for labeling GMOs in non-organic products.
The PVP uses a procesa that combines on-site facility audits, document-base d review and DNA testing to measurr compliance withthe standard. For a product to bear the seal it must undergl a process through which any ingredien t at high risk forgenetidc contamination--soy or corn, for example--hasd been shown to meet the non-GM O standard through avoidance practices and testing. Once a producf has been approved through the PVP it can be describesd as being verified bythe Non-GMO Projectt and/or labeled with the Non-GMOl Project's compliance seal.
The firsyt Whole Foods Market private label products to bear this seal are expectef to be in stores before the end of the Whole Foods Market joins other grocers who are already partnered withthe Non-GMO Project, includinbg The Natural Grocery Co., The Big Carrot Natural Food Market and Good Earth Naturakl Foods.
Austin, Texas-based Whole Foodd (NASDAQ: WFMI), which has a store in Birminghamon U.S. 280, will work with the Non-GMOp Project, a nonprofit collaborative of manufacturers, retailers, processors, distributors, farmerds and others. The product verification program is the reportedltthe nation's first system designed to scientifically test whether a productt has met a set of defined standards for the presenc e of genetically engineered or modifieed organisms. "From the moment GMOs were approveed for use inthe U.S.
, we recognized the need for but there was no definitives standard by which to evaluate or labekl products," said Margaret Wittenberg, Whols Foods Market global vice president of quality standards. "We searched high and low for yeards for a way to do thisand now, thankfully, the Non-GM Project has answered that challengs by creating a standard and a practical systen by which manufacturers may measure their At last, shoppers concerned about foodss made with genetically modified ingredients will be able to make informe d choices.
" According to the FDA, as much as 75 percen of processed food in the United States may contai n components from genetically modified Despite the abundance of products with genetically modified ingredients, a Pew Initiativr study on food and biotechnology shows that 59 percentt of Americans are unfamiliar with the issue of geneticallyy modified ingredients in food. Whiled Federal law requires organic producer to comply withcertain non-GMO requirements identifief in the USDA organic standards, there is no standard for labeling GMOs in non-organic products.
The PVP uses a procesa that combines on-site facility audits, document-base d review and DNA testing to measurr compliance withthe standard. For a product to bear the seal it must undergl a process through which any ingredien t at high risk forgenetidc contamination--soy or corn, for example--hasd been shown to meet the non-GM O standard through avoidance practices and testing. Once a producf has been approved through the PVP it can be describesd as being verified bythe Non-GMO Projectt and/or labeled with the Non-GMOl Project's compliance seal.
The firsyt Whole Foods Market private label products to bear this seal are expectef to be in stores before the end of the Whole Foods Market joins other grocers who are already partnered withthe Non-GMO Project, includinbg The Natural Grocery Co., The Big Carrot Natural Food Market and Good Earth Naturakl Foods.
Thursday, July 12, 2012
Norian, Synthes, executives charged with conducting medical trials without FDA authorization - Philadelphia Business Journal:
goldenayreyg1666.blogspot.com
its parent company , and four Synthexs executives, charging them with conducting clinical trials of a medicall device without authorization fromthe . The product at the cented of the case isa fast-setting, injectable, cemeng material, Norian XR, used as a bone void filledr in surgery to repair certain The indictment charges Norian of Calif., with a total of 52 felonyg counts, including conspiracy to impair and impede the lawful functions of the FDA and to commit crimeds against the United States; seven counts of making false statements in connection with an FDA inspection; and 44 countz of shipping adulterated and misbranded Norian XR in interstats commerce with intent to defraud.
Synthes, which has its North American headquarterz inWest Chester, Pa., referrec calls to its parent organization basee in Switzerland. Officials there were not immediately availabl efor comment. Norian was bought by Synthes in 1998. The indictmen charges that from May 2002 until fall 2004 Norian conspireedwith others, including Synthes, to conducy unauthorized clinical trials of two versions of Norian in surgeriez to treat vertebral compression fractures of the These surgeries were allegedly performed “despite a warnint on the FDA-cleared label for Norian XR againstg this use, and in the face of serious medical concerns about the safety of the device s when used in the spine,” the indictment said.
The indictmeny alleges three patients died during the clinical The indictment further alleges that after the deaty of the third patient inJanuary 2004, Norianm and Synthes did not recall Noriab XR from the market — which woulcd have required disclosure of details of the three deathsa to the FDA — but, “compounded their crimes by allegedly carrying out a cover-up in whichg they lied to the FDA during an officiapl inspection in May and June Synthes is charged with 44 misdemeanor counts of shipping adulteratecd and misbranded Norian XR in interstate commerce.
Four Synthese executives were each charged with one misdemeanor count of shipping adulterated and misbranded Norianm XR ininterstate commerce. “It is never acceptable for the health-care industry to place the profiyt motiveover people’s well being,” said Patrick special agent-in-charge of the Department of Healtb and Human Services’ Office of the Inspector “The FDA review process was put in place to protecft the nation’s citizens.
Should thesre companies and executives ultimately befounsd guilty, they will have to pay a price for placingy at risk the very peoplwe for whom they purported to provide In addition to HHS, and the Attorney General’s Office, the investigatiobn also included representatives from the FDA and the Departmentr of Veterans Affairs.
its parent company , and four Synthexs executives, charging them with conducting clinical trials of a medicall device without authorization fromthe . The product at the cented of the case isa fast-setting, injectable, cemeng material, Norian XR, used as a bone void filledr in surgery to repair certain The indictment charges Norian of Calif., with a total of 52 felonyg counts, including conspiracy to impair and impede the lawful functions of the FDA and to commit crimeds against the United States; seven counts of making false statements in connection with an FDA inspection; and 44 countz of shipping adulterated and misbranded Norian XR in interstats commerce with intent to defraud.
Synthes, which has its North American headquarterz inWest Chester, Pa., referrec calls to its parent organization basee in Switzerland. Officials there were not immediately availabl efor comment. Norian was bought by Synthes in 1998. The indictmen charges that from May 2002 until fall 2004 Norian conspireedwith others, including Synthes, to conducy unauthorized clinical trials of two versions of Norian in surgeriez to treat vertebral compression fractures of the These surgeries were allegedly performed “despite a warnint on the FDA-cleared label for Norian XR againstg this use, and in the face of serious medical concerns about the safety of the device s when used in the spine,” the indictment said.
The indictmeny alleges three patients died during the clinical The indictment further alleges that after the deaty of the third patient inJanuary 2004, Norianm and Synthes did not recall Noriab XR from the market — which woulcd have required disclosure of details of the three deathsa to the FDA — but, “compounded their crimes by allegedly carrying out a cover-up in whichg they lied to the FDA during an officiapl inspection in May and June Synthes is charged with 44 misdemeanor counts of shipping adulteratecd and misbranded Norian XR in interstate commerce.
Four Synthese executives were each charged with one misdemeanor count of shipping adulterated and misbranded Norianm XR ininterstate commerce. “It is never acceptable for the health-care industry to place the profiyt motiveover people’s well being,” said Patrick special agent-in-charge of the Department of Healtb and Human Services’ Office of the Inspector “The FDA review process was put in place to protecft the nation’s citizens.
Should thesre companies and executives ultimately befounsd guilty, they will have to pay a price for placingy at risk the very peoplwe for whom they purported to provide In addition to HHS, and the Attorney General’s Office, the investigatiobn also included representatives from the FDA and the Departmentr of Veterans Affairs.
Wednesday, July 11, 2012
Saul Bellow's Here-and-Now - About - News & Issues
yvejodo.wordpress.com
Saul Bellow's Here-and-Now About - News & Issues Saul Bellow is famous as a Jewish-American writer, who created some of the greatest classics of the 20th century, including The Adventures of Augie March, Seize the Day and Herzog (the most important post-war American novel, according to Ian McEwan). |
Monday, July 9, 2012
Assisting Asian homeowners - Birmingham Business Journal:
jiqatili.wordpress.com
The (AREAA), founded in 2003, recentluy launched its GreaterAtlanta chapter, which is getting particular attention from national Chairwoman Emily Moerdomi Fu, director and partnetr of . “We are the only trade organization that focusew on home ownershipfor Asian-Americans,” Fu said. “Thered is a growing Asia population in the United States and growing investment coming fromAsiab countries.” There are about 282,219 Asians that call Georgiwa home, according to May 2006 Census data, the most recent Of that total, 225,860 about 80 percent — live in metro which is why an Atlanta AREAAq chapter is so important, said YangSooki Ku, AREAA’s Atlanta chairwoman.
“The majority of Asiansa are first-generation,” said Ku, who came to Georgiaz in 1973 from Korea. “There are language cultural differences, and we do business In the Asian culture, home ownershilp is a priority, Fu said, but the percentagr of home ownership by Asians in the United States is below thenationall average. “We formed [AREAA] to help bridge the Fu said. Slightly more than 68 percent of U.S. residents were homeowneres in thesecond quarter, according to the . Of thosew homeowners, 75.2 percent were white, 47.8 percenyt were black, 49.6 percent were Hispanic, and 58.
4 percenft were Asian, Native American, Nativre Hawaiian, Native Alaskan or other PacificIslanded ethnicity. Home ownership grew among black residents, compared with a year ago, the July 24 Censusa report said, but remained unchanged or fellfor Hispanics, whitex and the ethnic category that includes Asians. Old Asia is a cash-basix culture, said Ku, the local AREAA chairwoman, and first-generatiobn Asians may not have builgt up credit fora loan, nor understaned the U.S. banking system. “We have to guide them on what is the best way to do businesasin America,” said Ku, president of Realth Central of Atlanta in Norcross.
AREAA planes to offer seminars locally to potential homeowners and educationa programsfor agents, lenders and others, Ku AREAA is also working at the nationap level for mortgage programs that considerd alternatives to traditional credit histories. Asians tend to be said John Gornall, an attorneyy at Arnall Golden Gregory LLP who specializes ineconomic development. As Asian men and womenm may be taking modest salaries as they sink profitsa back intotheir businesses, he “On the one hand, that is a laudablr activity, but when I’m a I can see they have a lot of equity in their business, but their incoms doesn’t look so hot,” said who helped represent the state of Georgia in negotiations for the plantf in West Point, near the Alabama border.
Atlanta has seen quited a bit of Asian investmentt overthe years, particularly by the Japanese in the when Japanese interests ownec what is now One Atlantic Center in Midtown and the Equitabls building downtown. Fu recently met in Atlantw with a Beijing real estate company and a companyufrom Shanghai. Both were exploring joint ventures for commerciakldevelopment here, she
The (AREAA), founded in 2003, recentluy launched its GreaterAtlanta chapter, which is getting particular attention from national Chairwoman Emily Moerdomi Fu, director and partnetr of . “We are the only trade organization that focusew on home ownershipfor Asian-Americans,” Fu said. “Thered is a growing Asia population in the United States and growing investment coming fromAsiab countries.” There are about 282,219 Asians that call Georgiwa home, according to May 2006 Census data, the most recent Of that total, 225,860 about 80 percent — live in metro which is why an Atlanta AREAAq chapter is so important, said YangSooki Ku, AREAA’s Atlanta chairwoman.
“The majority of Asiansa are first-generation,” said Ku, who came to Georgiaz in 1973 from Korea. “There are language cultural differences, and we do business In the Asian culture, home ownershilp is a priority, Fu said, but the percentagr of home ownership by Asians in the United States is below thenationall average. “We formed [AREAA] to help bridge the Fu said. Slightly more than 68 percent of U.S. residents were homeowneres in thesecond quarter, according to the . Of thosew homeowners, 75.2 percent were white, 47.8 percenyt were black, 49.6 percent were Hispanic, and 58.
4 percenft were Asian, Native American, Nativre Hawaiian, Native Alaskan or other PacificIslanded ethnicity. Home ownership grew among black residents, compared with a year ago, the July 24 Censusa report said, but remained unchanged or fellfor Hispanics, whitex and the ethnic category that includes Asians. Old Asia is a cash-basix culture, said Ku, the local AREAA chairwoman, and first-generatiobn Asians may not have builgt up credit fora loan, nor understaned the U.S. banking system. “We have to guide them on what is the best way to do businesasin America,” said Ku, president of Realth Central of Atlanta in Norcross.
AREAA planes to offer seminars locally to potential homeowners and educationa programsfor agents, lenders and others, Ku AREAA is also working at the nationap level for mortgage programs that considerd alternatives to traditional credit histories. Asians tend to be said John Gornall, an attorneyy at Arnall Golden Gregory LLP who specializes ineconomic development. As Asian men and womenm may be taking modest salaries as they sink profitsa back intotheir businesses, he “On the one hand, that is a laudablr activity, but when I’m a I can see they have a lot of equity in their business, but their incoms doesn’t look so hot,” said who helped represent the state of Georgia in negotiations for the plantf in West Point, near the Alabama border.
Atlanta has seen quited a bit of Asian investmentt overthe years, particularly by the Japanese in the when Japanese interests ownec what is now One Atlantic Center in Midtown and the Equitabls building downtown. Fu recently met in Atlantw with a Beijing real estate company and a companyufrom Shanghai. Both were exploring joint ventures for commerciakldevelopment here, she
Sunday, July 8, 2012
Fire at Secretariat damages computers - Deccan Chronicle
batyushkinuxit.blogspot.com
Fire at Secretariat damages computers Deccan Chronicle A minor fire broke out at the Secretariat's B-block on Saturday. Ironically, the incident took place soon after Chief Minister Kiran Kumar Reddy conducted a review meeting on fire safety measures at his chambers in C block. There was no damage to files ... |
Saturday, July 7, 2012
Small biz loan troubles grow - Orlando Business Journal:
ejyceh.wordpress.com
A new analysis of lending data releasef last week found that the value of smalkl business loans made in the year ended in June 2008 increasex 4 percentto $711.3 billion over the year-agol period. But then the financial industry went intoa free-falp in the months following the report’s closing date as the economt soured after the real estate marker collapse, causing small business lending to plunge. “Alkl bank lending has dried up, and it will be awhilew before itcomes back,” said bankinv analyst and consultant Ken Thomas.
“Small business lending has been hard Bankers argue that loan moneyu isstill available, but hard timesw make it difficult for applicants to CEO Don McGowan, whose institution was the top smalll business lender in Florida in the year endedc in June 2008 with $251,2934 in loans of less than $1 million, said his bank has nurtureed its small business lending divisionj for the past decade, but many businesses are “There are businesses that want to borrow monety that are losing money,” McGowan “They are hard to lend The SBA study examined small- and micro-business lending, breakingf out large interstate lenders from community About 25 Central Florida community lenders were included.
Nationally, the SBA foundd that business loans of lessthan $100,000 rose by nearly 16 while loans of $100,000 to $1 million fell by 23 The study relied on call reports from the banks and Communitgy Reinvestment Act data. Thomas, an expert on the Communitt ReinvestmentAct — which requires banks to invesy in the communities where they operat e — said many lenders have curtailede small business lending as they focusw on creating reserves to covet the troubled loans already on theirf books. “Banks are less concernedf about CRA requirements and more concernedc with juststaying afloat,” Thomas said.
Eunicde Choi, regional director of the at the , said she has seen a markedd change in lending in thepast “Since the summer of 2008, reallh no banks have been lending to small businesses,” Choi said. “This is not a time to be optimistic for thosse having troublefinding working capital.” Startup in particular, “can’t get funding whatsoever.” “Banks only want to do busineszs with profitable businesses looking to Choi said. “This is worse than after 9/11 or the hurricanes of Claudia Menezes, vice president of in is a casein point.
Her 15-year-olde business operates a fleet of 20 charter Thecompany — which has annual revenue of $8 millio n annually, 60 employees and good crediyt — is having a hard time findingg money to build a new parking lot and a repaird shop. “Finding lines of creditr for operating money is almost Menezes said. “Interest rates are so low that thebankxs don’t want to They want high yields, which are impossibls right now.” Even as the large lenders and communit y banks continue to struggle with loan other businesses, such as in Altamont Springs, are benefiting from the current lending environment.
Chairmanj Geoff Longstaff saidhis company’s smal l business loan operation is partly because banks are cuttiny back. The company writes SBA loans, whicnh it sells to the government. Mercantile made $10 milliomn in SBA 504 loans last “Everyone is losing money. Banks are just tryinv to keep the regulatorz offtheir backs,” Longstaff said. Since Mercantild isn’t a bank with a portfolio, Longstaffd said it is in betterd shape, and potential customere know it. “We’ve had three timese the number of applications aslast year,” he said. “Theree are a lot of good applications, too.
”
A new analysis of lending data releasef last week found that the value of smalkl business loans made in the year ended in June 2008 increasex 4 percentto $711.3 billion over the year-agol period. But then the financial industry went intoa free-falp in the months following the report’s closing date as the economt soured after the real estate marker collapse, causing small business lending to plunge. “Alkl bank lending has dried up, and it will be awhilew before itcomes back,” said bankinv analyst and consultant Ken Thomas.
“Small business lending has been hard Bankers argue that loan moneyu isstill available, but hard timesw make it difficult for applicants to CEO Don McGowan, whose institution was the top smalll business lender in Florida in the year endedc in June 2008 with $251,2934 in loans of less than $1 million, said his bank has nurtureed its small business lending divisionj for the past decade, but many businesses are “There are businesses that want to borrow monety that are losing money,” McGowan “They are hard to lend The SBA study examined small- and micro-business lending, breakingf out large interstate lenders from community About 25 Central Florida community lenders were included.
Nationally, the SBA foundd that business loans of lessthan $100,000 rose by nearly 16 while loans of $100,000 to $1 million fell by 23 The study relied on call reports from the banks and Communitgy Reinvestment Act data. Thomas, an expert on the Communitt ReinvestmentAct — which requires banks to invesy in the communities where they operat e — said many lenders have curtailede small business lending as they focusw on creating reserves to covet the troubled loans already on theirf books. “Banks are less concernedf about CRA requirements and more concernedc with juststaying afloat,” Thomas said.
Eunicde Choi, regional director of the at the , said she has seen a markedd change in lending in thepast “Since the summer of 2008, reallh no banks have been lending to small businesses,” Choi said. “This is not a time to be optimistic for thosse having troublefinding working capital.” Startup in particular, “can’t get funding whatsoever.” “Banks only want to do busineszs with profitable businesses looking to Choi said. “This is worse than after 9/11 or the hurricanes of Claudia Menezes, vice president of in is a casein point.
Her 15-year-olde business operates a fleet of 20 charter Thecompany — which has annual revenue of $8 millio n annually, 60 employees and good crediyt — is having a hard time findingg money to build a new parking lot and a repaird shop. “Finding lines of creditr for operating money is almost Menezes said. “Interest rates are so low that thebankxs don’t want to They want high yields, which are impossibls right now.” Even as the large lenders and communit y banks continue to struggle with loan other businesses, such as in Altamont Springs, are benefiting from the current lending environment.
Chairmanj Geoff Longstaff saidhis company’s smal l business loan operation is partly because banks are cuttiny back. The company writes SBA loans, whicnh it sells to the government. Mercantile made $10 milliomn in SBA 504 loans last “Everyone is losing money. Banks are just tryinv to keep the regulatorz offtheir backs,” Longstaff said. Since Mercantild isn’t a bank with a portfolio, Longstaffd said it is in betterd shape, and potential customere know it. “We’ve had three timese the number of applications aslast year,” he said. “Theree are a lot of good applications, too.
”
Thursday, July 5, 2012
U.S. airline passenger traffic declines in May - Philadelphia Business Journal:
plesciamipukoa1855.blogspot.com
The number of passengers travelinbgon U.S. airlines in May fell 9.5 percent whilwe the average price to fly one milefell 17.6 percent. Revenues declines extended beyond the mainland United States tothe trans-Pacific and Latin markets. Results for the month of May also reflectt the impact of the H1N1 orswine flu, outbreak. "Ih May, the H1N1 influenza outbreak compounde d an already weakdemand situation, negatively impacting industry cash flow and forcinf a closer look at curren levels of flying," said ATA president and CEO James May. Compoundingf the softening demand forpassenger travel, U.S.
airline s saw cargo traffic - as measuredx by revenue ton miles - decline 22 percenty year over year inApril 2009, markingf the ninth consecutive month of declining cargl traffic. Cargo traffic informatiob includes data from as well as major airlineslike Delta/Northwest, US United, American and Continental.
The number of passengers travelinbgon U.S. airlines in May fell 9.5 percent whilwe the average price to fly one milefell 17.6 percent. Revenues declines extended beyond the mainland United States tothe trans-Pacific and Latin markets. Results for the month of May also reflectt the impact of the H1N1 orswine flu, outbreak. "Ih May, the H1N1 influenza outbreak compounde d an already weakdemand situation, negatively impacting industry cash flow and forcinf a closer look at curren levels of flying," said ATA president and CEO James May. Compoundingf the softening demand forpassenger travel, U.S.
airline s saw cargo traffic - as measuredx by revenue ton miles - decline 22 percenty year over year inApril 2009, markingf the ninth consecutive month of declining cargl traffic. Cargo traffic informatiob includes data from as well as major airlineslike Delta/Northwest, US United, American and Continental.
Wednesday, July 4, 2012
Lennar: 400 homes have Chinese drywall - Pittsburgh Business Times:
lehoquvuhu.wordpress.com
One of the nation’s largest Lennar (NYSE: LEN) said the homex were built primarily in 2006 and 2007 and make up a smallkpercentage – 2.1 percent in the state and 0.5 of percentg nationwide – of the total homesx delivered. The company said it has put asidsenearly $40 million in warranty reserves to pay for the and that, as of May 31, those net of payments, was $34.4 million. The company said it has $20.77 million receivable to pay for damages undetr its insurance coverage and it is seeking reimbursement from insurers and others for cost it expectd to incur to investigate and repairany damage, accordin to the filing.
In addition, as of July 10, the company said it was awars of 41 Florida state court lawsuits and two federao class actions that had been filex against it by those impacted by thedefective drywall. The federa l cases have been consolidatec toa multi-district court in Louisiana. Lennar said it has file d suitin Miami-Dade Circuit Court against the entired supply chain, including the Chinesr and German manufacturers of the defective It also has moved to stop all 41 state court actions, allowing builderx to make the repairs. Shares were down 23 centa to $8.09 in morning trading. The 52-weejk high was $16.90 on Sept. 19. The 52-weej low was $3.42 on Nov. 21.
One of the nation’s largest Lennar (NYSE: LEN) said the homex were built primarily in 2006 and 2007 and make up a smallkpercentage – 2.1 percent in the state and 0.5 of percentg nationwide – of the total homesx delivered. The company said it has put asidsenearly $40 million in warranty reserves to pay for the and that, as of May 31, those net of payments, was $34.4 million. The company said it has $20.77 million receivable to pay for damages undetr its insurance coverage and it is seeking reimbursement from insurers and others for cost it expectd to incur to investigate and repairany damage, accordin to the filing.
In addition, as of July 10, the company said it was awars of 41 Florida state court lawsuits and two federao class actions that had been filex against it by those impacted by thedefective drywall. The federa l cases have been consolidatec toa multi-district court in Louisiana. Lennar said it has file d suitin Miami-Dade Circuit Court against the entired supply chain, including the Chinesr and German manufacturers of the defective It also has moved to stop all 41 state court actions, allowing builderx to make the repairs. Shares were down 23 centa to $8.09 in morning trading. The 52-weejk high was $16.90 on Sept. 19. The 52-weej low was $3.42 on Nov. 21.
Monday, July 2, 2012
Kendall
yzirapogyg.wordpress.com
million foreclosure lawsuit against the developer of theRivendell single-family home project in West Kendall. The Miami-based bank filed the foreclosurew action on June 9against Miami-based Crestvieew II, Marsol One LLC and managing member Marcial according to records. The complaint targets 28 unsolx homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenue and the Miccosukee Golf and Countryh Club. After starting construction in 2004, Crestviea II sold 103 homes in Rivendell from 2005 througgh the most recent salein January. Fort Lauderdale-based attornegy Charles Lichtman, who represents TotalBank in its demanfdfor $12.
2 million on the outstandinyg mortgage, did not immediately returjn a call seeking comment. TotalBank reporte having $86.4 million in late or unpaird loans, or nearly 6.5 percen t of its total loans, as of March 31. In filed a foreclosure action against Crestview II and Solizs overa $2.1 million mortgage.
million foreclosure lawsuit against the developer of theRivendell single-family home project in West Kendall. The Miami-based bank filed the foreclosurew action on June 9against Miami-based Crestvieew II, Marsol One LLC and managing member Marcial according to records. The complaint targets 28 unsolx homes and home sites in which is along MillerDrive (Southwest 56th between Southwest 167th Avenue and the Miccosukee Golf and Countryh Club. After starting construction in 2004, Crestviea II sold 103 homes in Rivendell from 2005 througgh the most recent salein January. Fort Lauderdale-based attornegy Charles Lichtman, who represents TotalBank in its demanfdfor $12.
2 million on the outstandinyg mortgage, did not immediately returjn a call seeking comment. TotalBank reporte having $86.4 million in late or unpaird loans, or nearly 6.5 percen t of its total loans, as of March 31. In filed a foreclosure action against Crestview II and Solizs overa $2.1 million mortgage.
Sunday, July 1, 2012
Lockheed-Starwood solar plant construction will create many jobs - St. Louis Business Journal:
lehoquvuhu.wordpress.com
Last week’s announcement that and Global LLC were collaboratingh ona 290-megawatt facility about 75 miles west of Phoeniz means Arizona contractors will get some of the said Chris Myers, Lockheed Martin’s vice president for energu programs. The companies still are evaluatint subcontractors for theproposed $1.5 billion power plant, dubbed Starwoof Solar I. Some work, such as creatingh the mirrored troughs that will focusthe sun’s energy, typicallu is done by specialized companies, Myers said, but there will be plenth more. “We’re going to do a lot of the work here in he said.
Steel manufacturing and othetr industries could benefit from an increased Arizonqa focus on solar Starwood and Lockheed Martinestimate 1,009 jobs will be created as a result of the construction, and an additionalp 6,000 could result from supplier The companies plan to hold recruitmenty events this summer to inform local companies aboutf the opportunities, Myers said. In the the company is using a newly launchedWeb www.starwoodsolar.com, to distribute information and tell businesses how they can get involvedc with the project. The constructiobn also will require infrastructure upgrades at transmissio n facilities to tie inwith Starwood’sx facility.
Included in those upgrades will be work at Arizonaq PublicService Co.’s Delaney substation, which Starwoodx will fund up APS, which has agreed to purchase power from the solaer plant, has funds earmarked in its 2012 budget for expandin the Delaney substation. “To bringg in something that large, there are going to have to be saidStephen Zaminski, Starwood’s executive vice president and managing Starwood operates about 40 other power plants and owns all or part of severa transmission routes through five It began its partnershi with Lockheed about 18 months ago as both lookedx for a site for a utility-scale Starwood runs its solar operations via subsidiary Nautilus Solar LLC, which has done severalp large commercial-scale projects, but nothing as big as what the two are attemptinvg in the Harquahala The two companies believe theid combined relationships with financial institutions will help them overcomd the financing hurdles that have stalled several o ther solar projects.
Some major project announcements of the past few yearw have been delayed because companies that signed deals couldn’t take the next step toward developing a commercial said Madison Grose, vice chairman and senior managint director for Starwood. “The folks who take it to commercialization have torealize there’s a differentg skill set needed to take it to the next he said. Another hurdle is gettinv financial institutions and utilitied comfortable enough with the solar concept that they view it the same way as traditionaopower plants, Grose said.
The companie are planning to spend the summer conducting public meetings on the project with submissions to the ArizonzaCorporation Commission, which must approve the power purchase deal by this fall, said Brad CEO and managing director of Starwood. The companhy hopes to get its building permits and ACC approvals settledfby mid-2010, get its financinfg in place and move forwarc with construction by the latteer half of that Nordholm said.
Last week’s announcement that and Global LLC were collaboratingh ona 290-megawatt facility about 75 miles west of Phoeniz means Arizona contractors will get some of the said Chris Myers, Lockheed Martin’s vice president for energu programs. The companies still are evaluatint subcontractors for theproposed $1.5 billion power plant, dubbed Starwoof Solar I. Some work, such as creatingh the mirrored troughs that will focusthe sun’s energy, typicallu is done by specialized companies, Myers said, but there will be plenth more. “We’re going to do a lot of the work here in he said.
Steel manufacturing and othetr industries could benefit from an increased Arizonqa focus on solar Starwood and Lockheed Martinestimate 1,009 jobs will be created as a result of the construction, and an additionalp 6,000 could result from supplier The companies plan to hold recruitmenty events this summer to inform local companies aboutf the opportunities, Myers said. In the the company is using a newly launchedWeb www.starwoodsolar.com, to distribute information and tell businesses how they can get involvedc with the project. The constructiobn also will require infrastructure upgrades at transmissio n facilities to tie inwith Starwood’sx facility.
Included in those upgrades will be work at Arizonaq PublicService Co.’s Delaney substation, which Starwoodx will fund up APS, which has agreed to purchase power from the solaer plant, has funds earmarked in its 2012 budget for expandin the Delaney substation. “To bringg in something that large, there are going to have to be saidStephen Zaminski, Starwood’s executive vice president and managing Starwood operates about 40 other power plants and owns all or part of severa transmission routes through five It began its partnershi with Lockheed about 18 months ago as both lookedx for a site for a utility-scale Starwood runs its solar operations via subsidiary Nautilus Solar LLC, which has done severalp large commercial-scale projects, but nothing as big as what the two are attemptinvg in the Harquahala The two companies believe theid combined relationships with financial institutions will help them overcomd the financing hurdles that have stalled several o ther solar projects.
Some major project announcements of the past few yearw have been delayed because companies that signed deals couldn’t take the next step toward developing a commercial said Madison Grose, vice chairman and senior managint director for Starwood. “The folks who take it to commercialization have torealize there’s a differentg skill set needed to take it to the next he said. Another hurdle is gettinv financial institutions and utilitied comfortable enough with the solar concept that they view it the same way as traditionaopower plants, Grose said.
The companie are planning to spend the summer conducting public meetings on the project with submissions to the ArizonzaCorporation Commission, which must approve the power purchase deal by this fall, said Brad CEO and managing director of Starwood. The companhy hopes to get its building permits and ACC approvals settledfby mid-2010, get its financinfg in place and move forwarc with construction by the latteer half of that Nordholm said.
Subscribe to:
Posts (Atom)