Friday, August 31, 2012

Back-to-school helps retailers' August sales - MarketWatch

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Philadelphia Inquirer


Back-to-school helps retailers' August sales

MarketWatch


NEW YORK (MarketWatch) â€" Retailers are delivering strong sales numbers for August, boosted by back-to-school shopping, with Limited Brands Inc. and Costco Wholesale Corp. among the standouts. Limited Brands (US:LTD) reported that same-store sales ...


Retaile rs report best sales growth since March

Philadelphia Inquirer


Retailers' sales grow 6 percent in August

South Bend Tribune


US Retailers' August Same-Store Sales Top Estimates

Businessweek


The Seattle Times


 »

Thursday, August 30, 2012

Houston firms make Fortune

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(NASDAQ: TTES) came in at No. 2, follower by (NYSE: ALY) at No. 3, DXPE) at No. 5, NOV) at No. 6 and (NYSE: ATW) at No. 8. Fortund ranked companies based on their revenueand earnings-per-share growtn and three-year annualized total return to investorsx for the period ended June 30, 2008. Leadinb the pack was Tulsa, Okla.-based ARD), with a return of 107 percent. T-3 Energyu followed with 101 percent. Allis-Chalmers was highest on the list for revenuer growth at124 percent. Eleven other Houstonj companies also madethe list: No. 34 - CAM); No. 36 - (NYSE: No. 39 - (NASDAQ: OYOG); No. 42 - OII); No. 45 - (NASDAQ: TISI); No. 52 - IO); No. 55 - (NYSE: RDC); No. 59 - HLX); No.
69 - (NYSE: GLF); No. 71 - CPNO); and No. 73 - (NYSE: SII). The featured hits newsstands on Sept. 29.

Tuesday, August 28, 2012

Mayor

ibitasony.wordpress.com
The committee, led by local developeer Mark Edlen, reaffirmed its support for the controversiakl plan in a letter that arrived Wednesday at City The unanimous recommendation waswidely expected. The recommendation follow s a review of theproposed hotel’s expected financial performancr by a subcommittee convened after local hoteliers questioned basicd assumptions about the plan. After a two-hou r and 45-minute meeting, a subcommittee concludedr by a vote of thres to one that assumptions behindthe $200 million-plu project are reasonable.
The mayor’ committee is recommending that Metro and the investy upto $12 million in designin and engineering for the hotel, which would be called at the Convention Center. LLP is the architecty for the project. Roy the mayor’s spokesman, said Adams will sharde the recommendation with the City Counci l as well as Multnomah County officials andthe , whicg has the final say in the In all, 17 elected officialds will weigh in on the plan beforde it proceeds to the next step.
Although Metro is the lead the city has a major role to play because it will lend its bondinfg authority forthe hotel’s construction and will be responsible for issuing construction The mayor has been a stronh supporter of the headquarters hotel. Metro is workingv with a development team led by Garfield Traug Ashforth LLC to createthe hotel, which supporters say is neede to complete the convention center. Withoutf it, the region loses big conventionsd to cities offering better lodginv facilities at their meeting According toTravel Portland, the region lost the opportunity to book 69 conventionas in 2008.
Had they come to Portland, the city woule have booked morethan 243,000 overnight stays by Not having a hotel at the convention center costs the regional economy nearlt $41 million in business sales per year, according to Travel The added business would result in more than $3 millionh in annual state and local taxes and 820 permanent Opponents say the financial projections driving the project are unrealistidc and the hotel would amount to government-sponsored competitiom in an already weak market. The hotel would be constructeed ona two-block site adjacen t the convention center.
The Portland Development Commission paid morethan $11 milliojn for the property in anticipatiom it would someday be developedr as a headquarters hotel.

Monday, August 27, 2012

Glen Goto & Friends "We Go To Hilo" - Westcoast Rendez-Vous (blog)

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Glen Goto & Friends "We Go To Hilo"

Westcoast Rendez-Vous (blog)


Glen Goto & Friends "We Go To Hilo". Glengoto · Glen Goto received his formal musical education at Boston's Berklee College of Music as an Applied Music (Piano), Composition major. Berklee provided a great musical foundation and analysis tools he still ...



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Saturday, August 25, 2012

Children's Hospital receives $511K gift - Business First of Buffalo:

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The funding will go toward the cost of anew 128-slic CT scanner for the hospital. Wal-Mart and Sam’z Club began working with the Children’s Miraclre Network in 1987, raising funds for 170 children’sd hospitals throughout the U.S. and Canada. The local storew raised funds in 2008 througjh their annual CMN BalloonCampaign & Round Up as well as the sale of candy bars and other specialo events, including the Wal-Mart/Sam’s Club WNY Golfinh for Kids Tournament Golf. More than $790,00o was raised locally, including cash and in-kindd gifts. The Lockport Wal-Mart store was the numbere one store inthe U.S. for the second consecutiv year, raising over $114,000 in 2008.
Beside s Women & Children’s Hospital, other local beneficiaries the Food Bank of Western New Boys & Girls Clubs of Buffalo and the Salvatioh Arm. Statewide, the company and its U.S. foundation fundedc local organizations with morethan $13.3 million in cash and in-kind a 27 percent increase over last Some grants came through Wal-Mart’s Statse Giving Program, which awards grants at the state and regional levels to supporty unmet needs. In October 2008, the received $577,000 from the througjh the program.

Friday, August 24, 2012

bizjournals: Quality of life in small towns -- bizjournals.com

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Seven of the 10 highest-ranked cities that offer the best quality of life are inWestermn states, according to a new studty by Bizjournals. Topping the list is Mont., where it can get awfully cold –- even dropping below freezing on the occasional summerenight -- but there are plent y of compensations. Like the stunning view of the Rockyg Mountains. And the strong loca l economy. And the intellectual and cultural activity at MontanaStatr University. The Bizjournals study comparex the performancesof America's 577 micropolitann areas in 12 statisticao categories.
The 10 communities with the highest scoreas have been designatedas "dreamtowns," indicating that they offer an outstanding quality of life. * Its number of small businessesx grew by almost 28 percent during the past five topping all but two of the 577 communities in thestudyy group. * Bozeman's population increased by 15.3 percenr in half a decade, ranking 11th in micropolitan America. * The localp share of adults with bachelor's 41 percent, is sixth among all of the nation'zs small communities. Profiles to the top 10 dreamtownare . Bizjournals' studyy was inspired by the heavy publicx interestin small-town life and business opportunities. More than 1.
7 million peoplew move from metropolitan areas to small cities or ruralk countieseach year, according to U.S. Census Bureau The study identifies the small communities that would be most attractive to people considering sucha move. The highesy scores go to well-rounded places with strongv economies, light traffic, moderate costs of living, first-classe educational systems, and good access to big-cithy attractions. for the study's methodology. The studuy group was the nation's 577 micropolitaj areas, which are defined as regions that are economicallyy dependent on central citieswith 10,00o to 50,000 residents. All metropolitan areaws have specifically been excluded fromthe report.
for the top-to-bottok standings of all micropolitanm areas. Bizjournals has also identified the communitie s with thehighest quality-of-lifee rankings for America's four major for a region-by-region breakdown. These are the threew best small communities in each part of the according tothe study: -- East: Easton, Md.; Barre, Vt.; and N.H.-Vt. -- South: Kill Devil N.C.; Oxford, Miss.; and Hilton Head S.C. -- Midwest: S.D.; Rolla, Mo.; and Hays, Kan. -- Bozeman, Mont.; Jackson, Wyo.-Idaho; and Durango, The raw data used in study comes from twofederaol agencies, the U.S. Census Bureau and the U.S. Bureau of Economid Analysis.
All of the figures are the latest, most comprehensiver statistics available at themicropolitan level. Los Alamos, leads three of the study's 12 most management or professional jobs, most college degreesz and mostadvanced degrees. The only othere multiple winner isPalm Coast, which has seen the strongest population growth and the biggest increase in the number of small businesses. ( for the leaders in the

Thursday, August 23, 2012

Greater Phoenix CVB launches social media campaign - Los Angeles Business from bizjournals:

belyaevostapuki.blogspot.com
The first contest offers a two-nightr stay at the Royal Palms Resort and Spa and a candleligt dinner for two atthe resort’s T. Cook’s. In subsequenrt weeks, similar packages are expected to be givebn away fromthe Ritz-Carlton Phoenix, Arizon Biltmore Resort & Spa, InterContinentakl Montelucia Resort and Spa, Fairmont Sheraton Wild Horse Pass Resorty & Spa, Westin Kierland, Phoenician and Arizona The contest is part of a social media marketing campaign by the Greater Phoenix CVB that also includes a new blog, Twitterf and Flickr accounts, and YouTube videos. The blog, called the Hot is a frequently updated compendiumof restaurants, shopsx and activities.
The video project, callexd “Phoenix Dream Days,” features Phoeniciansw of local and nationalo renown offering tours of theie favoritelocal hangouts. The inaugural video is hostesd by celebrity chefMark Tarbell. Blog: Twitter: YouTube: Flickr:

Tuesday, August 21, 2012

Making lasers viable business meant new lessons for CEO - Business First of Columbus:

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Enthralled by the math and science requirements required forhis two-yeafr architecture degree, the Dayton nativ was pulled toward the sciences and stayed in eventually earning his doctorate in physics. His degree and traininyg subsequently landed him at where Dulaneh began working onlaser technology. His love of however, could not erase in him a nagging senswto build. Indeed, it was that drive to creatre - and to go beyond mathematicakl formulas andcalculations - that led Dulaneyg to leave his job as a head researcherr at Battelle to found in 1995.
LSP, whichn produces high-energy lasers for industrial anddefensre applications, gives Dulaney - president and CEO - the opportunity to step outsidd the laboratory to design and build lasers that he can marketf to private industry and the government. "We want to be a manufacturer and developer of technology forour customers, and to see an impacrt of some of the things we work on. That part was missinhg while I was working at saidthe 49-year-old Dulaney. Althougn Dulaney's growth as a businessman has been graduakl and not without its bumps in the it has so farborne fruit. The Dublin-based startup employs 29 and expects to have 2007 revenues of morethan $4 million, up from $3.
5 million in 2006. Hoped are high the company can continue a 20 percengt annual revenuegrowth pace, Dulaney The company's work includes developing high-powered laserzs capable of blowing up mines from a distance, laser beamsa that strengthen metal parts for fighter planes and a partnership with to help develop a laser to inspec bonds between composite materials. The evolution of Dulaney'se role as scientist turned chief executiv e is not uncommon and a critical component of what it takes to create profitability at technology saidTed Ford, CEO of , the agency coordinatinf the area's technological development.
Ford said many times a startu is founded by a very talentef person with a set ofinnovative ideas, but eventually the company evolveds into an entity requiring as much business sense as technical know-how. Dulaney said he quicklh realized the need for somebody to be inthe driver's seat at the and today he spends nearly all of his time overseeing marketing, communications, human business development, the company's financesw and its technological direction - while hirin others to run the scientific side of the shop. "Ik found as I grew away from the (day-to-day) sciencde I didn't miss it all that he said.
"It can be really time consumingand it'a hard to get focuses on something like that when you're tryingy to run a company." Founders of tech companies aren't always willing to relinquishn control of each and every element of a business that perhapzs began with just a few employees doing it all, but such a step is Ford said. "Otherwise you limit your ability to grow becaus one person can not doit all," he And let it be clear, having a doctorat in physics never made leading a rapidly expandint business any easier, Dulaney Much of Dulaney's growth as a CEO was tied to the realizationh that although he was the company's founder, it wasn't just his livelihoo that was on the line - it was his livelihoods, too.
"It took a few years to realizw I hadthat responsibility, and to accept that it reallyu was not just me, it was he said. That realization hit home after about 18 monthsof operations, LSP moveds from leased space in the basemenr of Battelle to its Dublin location, Dulaneyu said. That his handful of employees came with him was a sign they were entrustingg their own careers to his ideas andbusinesws plan, he said. "These people were cominy with me and joining the companty and putting a lot of faith in he said. And the delegation process hasn't been cruciap just on the science side, Dulanehy said.
He's also benefited from friend and formefBattelle co-worker Ken Jones, who helpedc Dulaney navigate financial and legal hurdles in the and who continues to work part time as chiev financial officer, Dulaney said. As much as Dulaneyy had to look beyone himself to find his footing as a leadee withinthe company's walls, a scientist must also look beyon his own interests and pet projects to come up with the typea of initiatives that separate a science lab from a successful said LSP Development Manger Rich "It's easy when you startt a company to do what you want to do and sell what you want to Tenaglia said.
"But it'e a tougher assignment as you go alongg torealize you're there as a business to service the and adapt to what they need." Ford concure with the comment and says a scientistf or technical guru could easily spend all day workinb on neat projects that generate littlde interest from customers, but that's not how a business

Monday, August 20, 2012

Courts delay Chrysler bankruptcy - Pittsburgh Business Times:

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According to Bloomberg, Justice Ruth Bader Ginsburg has put the bankruptcyh court ruling allowing the sale on hold untilfurther notice, though a timelins and specific reason was not provided. The delay came after Indian a pension funds requested a stay from the court so it could hear theire appealof Chrysler’s decision to sell to Under Chrysler’s Chapter 11 bankruptcy reorganization, Chrysler would sell its assetsa to Italian car maker Fiat. It also was announcedx last month789 U.S.
dealershipws will lose their franchises by June 9 as part of the Chrysler has listed two Triad dealership s that will losetheir franchise: Stearns Chrysletr Jeep in Graham and City Motors, which sells Jeep, in Mike Cranford, general manager of City said he does not know if they delagy will mean anything significant for his but hopes that the courtws will more closely review the decision to cut franchises. He says if nothingb else, he’d hope Chrysler could help buy back inventorhy and not simply take awaythe brand. “If we can’g be Jeep dealer, we’d at leasgt like a chance to sell the he says.
He said the companh has managed to sell about 10 of its 16 new Jeep some at a just to getthem liquidated. Aboug five employees have beenlaid off, leavinf about 20. Another six to eight couldx be cut if thebankruptcy deal, as is, goes

Sunday, August 19, 2012

Dreadful, unlucky loss encapsulates Toronto FC season - Yahoo! Sports

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Dreadful, unlucky loss encapsulates Toronto FC season

Yahoo! Sports


Dreadful, unlucky loss encapsulates Toronto FC season. Goal.com By Rudi Schuller | Goal.com â€" 7 hours ago. Related Content. Dreadful, unlucky loss encapsulates Toronto FC season. TORONTO - With cheers of excitement from the annual Canadian ...



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Friday, August 17, 2012

Protest interrupts federal hearing in Birmingham on state immigration laws (video) - al.com (blog)

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WALA-TV FOX10


Protest interrupts federal hearing in Birmingham on state immigration laws (video)

al.com (blog)


Protest interrupts U.S. Civil Rights Commission in Birmingham A protest erupted at the U.S. Commission on Civil Rights hearing on Friday, Aug. 17, 2012, on the impact of state immigration laws like Arizona's and Alabama's. The group of protestor s stood ...


Civil rights panel consider immigration crackdowns

Macon Telegraph (blog)


Civil rights panel consider Ala immigration law

MiamiHerald.com


Mitt Romney makes fundraising stop in Birmingham

WSFA



 »

Thursday, August 16, 2012

Ryan Follows Arc of GOP Fiscal Policy - Wall Street Journal (blog)

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Wall Street Journal (blog)


Ryan Follows Arc of GOP Fiscal Policy

Wall Street Journal (blog)


Paul Ryan really is different. More than any Republican on a national ticket in his lifetime, Mitt Romney's 42-year-old vice-presidential running mate is telling voters a few economic facts: If you want to keep taxes downâ€"or reduce themâ€"you have to ...< /p>


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Tuesday, August 14, 2012

Grand jury:

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The 21-page report, “Marin General Hope is not a which is dated May 11 but was releasex onMay 14, takes the publicv district to task on a numbere of crucial issues, concluding that the Healthcare District’s rejectiojn of a 2005 offer by Sacramento-based Sutter to continue operating the facilityy and build a new hospital wing to comply with state-mandated seismix safety standards has put the 235-bed hospital “at risk.” In a summary, the grand jury said it has “grave doubts about the districg board’s chosen course of action, especiallty under the extremely difficult economicv conditions prevailing today.
” The district, run by a publiclu elected board of directors, plans to end its long-ter lease with Sutter in late June of next year and run the hospitalp as a standalone facility. The report said the board’as decision “woefully underestimates its workingcapitak needs, assumes the public will vote to tax itseltf for a new wing estimatex to cost between $350 million and $400 and implausibly takes for granted that it will be able to negotiated reimbursements from insurance companies as favorable as thoss negotiated by large healthcared systems.
” In a May 14 response, officialws at the Marin Healthcare Districg said the Grand Jury repor t “missed the mark” and topics the district had considered and rejected earlier, or that were part of a 2006 court-approvef separation agreement between Sutter and the district. “This board has alreadyg substantially explored the majorith of the recommendations contained in the report and founthem impractical, improbable and generally not in the best interest of (Marin General Hospital) or the community,” Lee Domanico, CEO of the healthcars district, said in a statement.
Sutter Health operates 26 hospitalz inNorthern California, including many of the region’s dominangt private facilities, such as San Francisco’ds , the East Bay’as , with acute-care campuses in Berkeley and Oakland, Castro Valley’z , and its in Burlingame, among The grand jury report bluntlhy argues that the district boards may be paving the way for Maribn General to become a much less significanft hospital by picking independence over a continuec relationship with Sutter.
Many observers over the years have comparedthe district’s relationshi with Sutter to a marriage gone bad, and its impending end as a bittert divorce between spouses who can’t reconcil e their differences. “(F)ailure is a real possibility,” the reporgt concludes. “But for the district that seems to be the lesser oftwo evils, with Sutter the greater evil.” In the report, the graned jury said the district’s “history and reputation of discord” puts it at an even greate disadvantage than other standalone hospitals in an era when many hospitals are part of largse systems (like , Sutter or in Northerhn California).
Other challenges include Kaiser’s roughly 40 percenyt market penetration in Marin and the fact that many Marin residents go to hospitalws in San Francisco fortheir care, bypassintg Marin General. The report also questions whethedr the district will have the financia wherewithal towithstand Sutter’s exit and run Marimn General independently, arguing that the hospital shouldx have at least $100 millioj in working capital on hand when Sutterd leaves, but is instead expected to have abougt $25 million, much of that The grand jury’s conclusion: Although it’s impressed with the dedicationb of the district board’s members, “the hospital shoul not be publicly owned and privatelty managed (as the district plan but rather should be transferrerd to a financially strong health system, such as Sutter Health, to be professionally managed.
” That would requirwe a public vote, the grand jury and such a plan should include commitmentz from Sutter or another hospital systemm to “carry on” the servicea Marin General has provided and comply with the state’s earthquake safety standards.

Monday, August 13, 2012

5 Traits of Successful Law School Applicants - U.S. News & World Report (blog)

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5 Traits of Successful Law School Applicants

U.S. News & World Report (blog)


2. Ethics: Lawyers are held to an extraordinarily strict code of conduct, and one serious infraction can lead to disbarment. No law school wants its name to be associated with such a case, so admissions officers are looking for applicants who hold ...



Sunday, August 12, 2012

Federal Capital Partners pays $55M for Shirlington Gateway - Washington Business Journal:

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"It has unrealized upside potential in theassociated free-standing bank, and considerinbg the competitive office market this propertyy is well-positioned to achieve a significant premium above the existing rental rates in the coming making it a solid investmenrt for the buyer," says Directoer Collins Ege, who handler the sale with John Kevill and Jim Molloty of the firm's capital markets team in D.C. The space therd is 92 percent leased tomultiplee tenants.
However, more than half of the leaseds expirein 2009, which could mean long-termn investment growth for the Bethesda-based Gold Star, which has more than $250 milliojn invested in the region's commercial real estate purchased the property in 2004 for $24.5 million. Real Estate Investments has appointedNew York-based as its agenct of record. The agenc will handle all activities relatedcto advertising, marketing and corporate communications for the Alexandria-base d real estate investment trust. Posnedr plans to relaunch Jayco's brand this summert with a traditional and interactive mix of marketing and It will also design a new logo and Web Jayco also has offices in McLeanand D.C.
marketing firm hired to get word out for Premier sites Premier Management Services of Vienna hashiredc & Advertising to market two commercial propertiese in Springfield. The marketing mix will includde postcards, print advertisements and public The properties, which have 70,000 square feet of officwe and retail space, are close to the Capital Beltway and Interstate 95 near the Springfiels Mall. The area is seeing a spurft of development with anew hotel, high-risre apartments, offices, shops and restaurants.
Tanenbaum brought in a production Gil Jusino, who will be responsible for productio of the postcards and print ads for the marketing

Friday, August 10, 2012

Stimulus funds lag health woes - bizjournals:

inufyw.blogspot.com
Prieto said: “I’d rather have my old nurse that knew her rather than what hercomputer said.” He’s 61 and realizes he would need an EMR systemn by 2014, “but I might retire by then,” he Family practitioners have been a dwindlin breed in the era of specialists. Prietpo said he saw one group shrink from havingf 20 tojust “The bad news is doctorse don’t want to go into primary care,” he And medical students don’t see it as lucrative as other areas.
Foyo said he hopezs ’s new college of medicinre will focus more on primarycare But, even soon-to-retire doctors like Prieto might want to put an EMR systej in place because it will increase the valuw of their practice, said Pete chief technology and innovations officer for the Wellington-based , whicu provides an EMR system called The short-term strategy will be to put moneu in doctors’ pockets to invesrt in EMR systems, but quality of care is the long-ter m payoff, said Andrew Carricarte, president of in Miami, which also offerx an EMR system.
Disease management should be a major since many doctors still use a manuapl process to track diabetes and other Michael Kesti, CEO of , a Palmettko Bay health care management and marketinyg company, said: “The savings could be tremendous if it’s implementexd correctly, if we look at reducingv errors and saving lives.” There’s a tricklse down to businesses, as well. If healthn care costs are reduced, that shouled push down insurance premiums and leaver more money in the hands of the employerz whopay them. “Now, they got that so now they can stimulate growth and the entire Kesti said. Quantum and IOS are experiencingrapicd growth, Carricarte said.
IOS has hired 12 peoplwe in the past few months and is hiring 15 Jobs typicallypay $40,000 or Martinez, who was previously ’s site manager in Boca said Quantum has doubled in size in the past and that doesn’t include all the outlying service providers he is Widely publicized reports that Britney Spears, Farrah Fawcett and Nadya Suleman’s records were viewed by unauthorized medicap workers are raising concerns about just how well medical records are Proposed rules in the stimulus legislation would require notificatio to patients whose medicap records were exposed.
If 10 or more patienta can’t be notified, the provider must notify the news mediaa or put it on the home page of theitWeb sites. Sapoznik said patiente already worry that employers will see informationon Web-based systems. “Employees are very concerned about puttinbg theirinformation there, even though it’s privats information and the employer has no access to she said. “From the insurance perspective, they feel their system are controlled and protected forthe employees.” Oldeer patients are often stressed about going onlin to even look for a Sapoznik said. However, the hospitao association’s Quick said there are examplesa of systemsworking well.
A local federation of community health centers can know aboutr a patient visiting two different centers and what was done in and Humana have links onthei systems, but there’s no universal access across a broader spectrum.

Thursday, August 9, 2012

General Electric approved for $10M in tax rebates - Philadelphia Business Journal:

titus-neither.blogspot.com
The granted preliminary approval Thursday of a tax rebate of as muchas $10 million over 10 years to create as many as 420 according to a KEDFA filing. GE said in its KEDF filing that it mightinvest $69.2 millionb in manufacturing lines for the water heaters, for the dishwasheer and refrigerator components and for the establishmengt of the data center. It intends to invesrt $46.4 million in equipment and startul costsand $22.8 milliob for fixtures and other improvements, accordingh to the filing. The average wage and benefits package for the jobsis $27.62 per hour, and the average salary is according to the filing.
Annual payroll for the new jobsis $24 Officials with GE Consumer and GE’s Louisville-based appliance, lighting and industrial power-generation equipment subsidiary, said the waterf heater line would be the first new product platfornm at Appliance Park since 1957. “Wde appreciate the state’s support in the form of this incentive packag and want to thank all those whosupported it,” Kim Freeman, publiv relations director for GE Consumer and said in an e-mail. She added that the companyg will release more details soon on how theincentivex “will be used to create new jobs and energy-efficient product s at Appliance Park.
” Freeman declined to discussz details of the proposed data cented or in-sourcing of component s for refrigerators and dishwasherss made at Appliance Park. On Thursday, after Business First’s press deadline, Louisville Metro Council was scheduled to hear a proposalk by Louisville Metro Mayor Jerryt Abramson to createa tax-increment financing district that woulde provide GE with $2.5 million in occupational tax refundsw over 10 years if the company adds a new line to produc energy-efficient products, according to a draft of an ordinancw filed with Metro Council. Abramsobn said he and Kentucky Gov.
Stevw Beshear spent an hour discussint the future of Appliance Park with GE CEO Jeff Immel while he was in town onApril 28. Immelt provided “a clear indication” that Louisvilld would be considered for a new lineof energy-efficienr products that GE planned to build, he Abramson added that he is that the combination of city and statwe tax incentives and concessions on the part of unioj workers at GE woulx be enough to “seal the Company officials said that adding the jobs at the strugglinvg park was contingent on Internationa l Union of Electronic, Electrical, Salaried, Machiner and Furniture Workers-Communications Workers of America Local 761 members agreeing to cost-cutting measures proposed by GE Consumefr and Industrial.
Union members voted Wednesday to approve theGE proposal, whicy GE officials said would be key in bringingv a new product to the plant. Among the the company sought to freeze pay for union workers untiplJune 2011. Also, newly hired skilled-trades professional would be hired at a pay rateof $23 per hour and advanc to $25 per hour over a two-year Newly hired hourly production workers would be hiredc at a pay rate of $13 per hour and receivs annual wage increases after theif current contract expires in 2011. Freeman said the currenf starting wage for skilled workersis $31.22 per The current starting wage for productiobn workers is $15.01 per hour.
GE Consumee and Industrial’s proposal wasn’t one-sided, The company agreed to add 100 positions and brinfg anew low-cost dishwasher line to Appliance Park by Dec. 31. It also vowed to continue making top-mount refrigerators; home and 27-inch top-load washing machines at Appliance Park throughn at leastJune 17, 2011, unlesa the company decides to exit the product

Wednesday, August 8, 2012

Otterbein

caloloary.blogspot.com
The Roman Catholic university on the east side of Columbus this week hireed Shah Hasan for the newlhcreated dean’s position. Hasan had run the MBA program at Otterbeim since 2006 until the private college in Westervilles separated in March into schools of Arts and Professional Studies and graduatre programs in an effort to attract more nontraditional andgraduate students. Hasan, 52, since then has continuedx to work to redesign the business degreew fornext fall. He starts at Ohio Dominican June 1. His past teachinfg and administration experienceincludes , and .
Ohio Dominican spokesma John Palmersaid Hasan’s arrivakl comes with planned growthj for the school’s business division, which offers undergraduate and graduatw degrees. The growth that Hasan will overse includes new programs and Palmer said, adding that much of the plansz still require board approval. The university is looking to doublee its enrollmentto 6,000 in the next

Monday, August 6, 2012

Shift work may strain the heart, but study finds no additional risk of mortality - Washington Post

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Shift work may strain the heart, but study finds no additional risk of mortality

Washington Post


Compared with those who worked a regular daytime schedule, shift workers were 23 percent more likely to have had a heart attack and 24 percent more likely to have had another cardiovascular problem. Chances of an ischemic stroke were 5 percent greater ...



Sunday, August 5, 2012

CEO aims to mend mortgage giant - Dayton Business Journal:

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"It's not a perfect relationship to grow those areaxs while the mortgage sector isunder pressure," McEvoy said. "These thre e areas will provide some earnings growthubut it's going to take some But not everyone thinks National City's moves have been the rightt one. Tom Mangan, senior vice president and portfolii managerwith Beavercreek-based , said he questionds the rationale behind National City's decision to eliminate wholesaled lending. "The question I'm asking is, 'Why Mangan said.
"People are acting like there is no lighrt at the end of the But Cartellone is not dwelling on the past and is eagefr to replenish NationalCity "We've restructured the mortgage business during the last severaol months of 2007 and the decisions we've made positiom us well to meet the challenges in front of us," he

Friday, August 3, 2012

Valley Center

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It is the centerpiece of a $57.5 million bond voterss approvedlast June. The bond’s passags — as well as severa l other area schoolbonds — gave local contractorsa and architects an opportunity to secure more work as commercial constructionm waned last fall with the onset of the economic recession. “We get a space for some we try and fill saysRandy Coonrod, president of Inc., the constructionn manager for Valley Center’s bond work. “Valley Centerr fit us great. We’ve been fortunat we’ve always been able to fill our programs.
” Coonrod also is workint on $50 million worth of school constructionin Chapman, and likely will bid on some of the work from $370 million bond issue voters approved last “We follow and do schools all Coonrod says. “It’s one of our major Bond work also is helping architects fill gaps in their work is working onValley Center’s bond projects as well as a $16.32 million renovation to . Forty percent of the firm’e Wichita portfolio is in school jobs.
Ken Helmer, one of the firm’z managing principals, says bond work comes duringh what has been a tough yearfor private-sector “We’re just seeing 2009 as a treading-water year,” Helmer told the in He said then securing work on Wichita’s bond was perfec timing for the firm because it woulds be nearing completion on Valle Center’s bond and finishing a high school addition in On Schedule, Under Budget Work on Valley Center’s bond projects continues to move forwar d on schedule, says Scott Springston, the district’s Installing artificial turf on the high school football field was the first bond projectf completed.
Expansions at the district’s three elementary schools are progressingas well. Bids for thoses and several other projects, Springston says, were less than initiapl projections. The high school is one such example. The $34 millionj price tag is about $2.6 million less than originally “It’s great to be in a situationb where bidsare under,” Springston says. He says lowe r costs could free up extra moneyu to fund projects that were eliminate d from the bond plan or reducedx tocontrol costs, such as technologu improvements.
The high school will have an 1,100-studen capacity, two floors, a top-loaded gym whered people access seating from thesecond floor, and 10 tennies courts. The site won’tr include any other athletic facilities. “Wse will definitely have the capacity to hostlarge events,” Springstonb says. Valley Center also has starter the design phase for its transportationm facility andcentral office. The district hopes to have all of the bond work completefd byJuly 2011. “Everything is runnin on schedule,” Springston says.

Thursday, August 2, 2012

Clopay consolidating operations to Troy - Dayton Business Journal:

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The move, announced Wednesday, will add 300 The company would not disclose its total but said the Troy plant will have less than 500 workerds afterthe consolidation. The projecty will be completed inearluy 2011. Mason-based Clopay currently operates four manufacturing facilities in Russia — northwest of Dayton in Shelby Countty — ; Baldwin, Wis. and Auburn, Wash. All of the operationd conducted in the Baldwin planty and substantially all of the operationxs conducted in the Russiq facility will be relocatexd to Troy and the Baldwih facility willbe closed.
All active employeew at the Russia facility are being offered employment at theTroy , the parent company of Clopay, said it will take a charges of about $12 million for pre-tacx exit and restructuring, and make a capital investment of about $11 million. Jericho, N.Y.-baser Griffon (NYSE: GFF) is a diversified holding company.

Wednesday, August 1, 2012

PBA backs expanded River District renewal area - St. Louis Business Journal:

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Sandra McDonough, the alliance’zs president and CEO, told the Portlansd City Council on June 17 that the city needd to do everything it can to provideemore jobs. The council is reconsiderin g expanding the River District by nearly 42 as well as increase the amount of bonds the city can assumew to fund projects withibnthe district. The council and the Portland Development Commissionh had first sought the expansion nearly two years ago but were thwarteed bya citizens’ group complaint.
The Friendsa of Urban Renewal group had charged that the River Districgexpansion proposal, which would have also redirectecd $20 million in district-generatecd funds to a new East Portlandx elementary school, didn’t fit technical urban renewal The council will vote on the measurew next week. McDonough said urban renewal providesa funding for investmentsin infrastructure, social services and public-privater partnerships. “We need to create jobs,” she said. “We have an opportunityh to do just that by adopting theserevisedx findings, which address the issues that have been raiseds about the River District expansion.
We can then move forward with the importan t projects that depend onthese funds.” City Commissioner Nick Fish has said that the constructiob of a new homeless services centerr could depend on urban renewal funds if construction is to beginm this year. McDonough said the alliance backs usinb urban renewal funds to buildthe center.