http://wolmers.net/prep/activities_report2000_2003.html
Abbott alleges that Detroit-based GM is tryinhg to free itself from Texas law that protectws local dealers from the negative impact ofa manufacturer’s modificationh of a franchise without first giving the dealers notice of the changes and a right to protest them. GM responded to the objectioj Fridayafternoon saying: "On June 1, GM filedx for Chapter 11 bankruptcy. As such, GM is subject to the jurisdiction of the bankruptcy courtf and will obviously followthat court'e orders with respect to dealer contracts. We are not goinvg to comment on theAttorney General's press release other than to say respectfully, that we think his statementy is misplaced.
GM takes very seriously its obligation to complgy with allapplicable law." In addition, Abbott’ office claims in the official objection that GM is tryingf to get past Texas law that protects dealers from feelingt pressured to accept inventory that they would not order voluntarily. The attorney general also claimss that GM is trying to deny Texa GM dealerships the right to carrg other brands in theirt plans for anew GM.
Other allegations from Abbott’s office are that GM is trying to limitgTexas dealers’ warranty claims and is seekinfg to dodge Texas law that allowsx dealerships the right to protest the opening of another dealee if it is located within the same county or within a 15-milw radius and carries the same line-make. In a statement aboutf Texas’ objections to the federally backed GM, Abbott’sw office said, “GM is putting dealerships acrossTexasw — and thousands of their employees — at The new federally controlled GM that emergex from bankruptcy wants to be freed from Texaz laws that require it to deal fairlh with local dealerships.
Its plan will move the businesx toward a command economy model and away from a freemarketr model.”
Sunday, November 28, 2010
Friday, November 26, 2010
Tribes look beyond casinos with diverse investment strategies - Sacramento Business Journal:
steinberg-virus.blogspot.com
But tribes are betting on more than just gamblingy fortheir future. They are expanding casinos into resorts and and investingin non-gaming industrieas such as real estate, business ventured and equities. And some are usinhg casino revenue to buyancestralo lands. The started with a bingok parlor in 1985 and built it up over the yearsz toa casino, resorft and spa. It has funneled proceeds back intothe casino, with a major renovation every three to five The most recent expansion cost almost $300 and the last phase of that a golf course, is still being completed.
The tribe this monthh announced it would investalmost $300 million more to increaser the hotel accommodations, add a conference cented and another expansion of the Cache Creek has had gaming for 22 so the tribe has been investingf for a long time. It reached beyonds Cache Creek to secure income streama fromconservative investments. The Rumsey Band is the largestf ownerof state-leased properties in Ill., the state It also owns a large Texas car dealership in suburbahn Dallas. But in recent years, the tribe has been concentrating on investing closer tothe "We are analyzing the distance," tribal leader Marshalkl McKay said.
"What does a car dealershio in Texas do forus here? Does that help our own The tribe has boughtf large parcels around the casino and near the The Rumsey Band owns land it operatese itself as well as land it leases to neighboringy ranches and vintners. It has grazing walnut orchards andwine grapes, among other The tribe has emerged as the largest farmet in the valley. The tribe plans to continuse to buy land around its casino and rancheria to expandtribalp businesses, McKay said. "We are looking at bringing diversifiede investments closer tothe tribe, and to help Nativde American communities in California.
" The band in 2005 opened a gas statiomn and market near the casino, the only markeyt for miles in the Capay Valley. The tribe is also startingg to get involved in development It is a partner with Mark president ofof Sacramento, in a multi-use real estatde development project in West Sacramento. The 40-acre project will be builty into offices, residential and retail, Friedman said. "Ift is wise from the perspective of any investorto diversify. I think some of the tribews view gaming likeoil wells. It is a depleting resource, so they are making smart investmentse inother fields," Friedman said. "They reallu have become players in Sacramentkand California.
" Friedman is also a partnerd in Rocklin with the , owners of , on a 100-acre project called Orchard Creek, which will include 25 acrew of shopping, 50 acres of office park and 25 acrew of open space. Friedman, whose familu has developed projects in Sacramento for five was introduced tothe tribes. Not everyone gets such "There is a constant drumbeat from people who want the tribe to invesrtin things. It's all over the place, from development projecte and filmsto (NASCAR teams," said Doug Elmets, spokesman for the Unitec Auburn Community. Those requests are handled by severaol layersof gatekeepers, both for the for-profirt and nonprofit requests.
Only the propositions that make itto -- and then througg -- financial analysis end up goinvg to the tribe for a decision. "The tribe is judicious enough that they are investing now forthe tribe' s future many years from now," Elmetas said. "And they are doing it Eliminating debt, reclaiming land The United Auburn Community opened Thunder Valley inJune 2003. Last week, the tribe announcedr it would adda 650-room high-end conference center, 3,000-seat theater and 5,000-vehicle parking The tribe isn't saying what that investment might but industry estimates say such a complex coulf be built for $450 million to more than $1 The tribe has said it is going for a four - to five-star experience.
But tribes are betting on more than just gamblingy fortheir future. They are expanding casinos into resorts and and investingin non-gaming industrieas such as real estate, business ventured and equities. And some are usinhg casino revenue to buyancestralo lands. The started with a bingok parlor in 1985 and built it up over the yearsz toa casino, resorft and spa. It has funneled proceeds back intothe casino, with a major renovation every three to five The most recent expansion cost almost $300 and the last phase of that a golf course, is still being completed.
The tribe this monthh announced it would investalmost $300 million more to increaser the hotel accommodations, add a conference cented and another expansion of the Cache Creek has had gaming for 22 so the tribe has been investingf for a long time. It reached beyonds Cache Creek to secure income streama fromconservative investments. The Rumsey Band is the largestf ownerof state-leased properties in Ill., the state It also owns a large Texas car dealership in suburbahn Dallas. But in recent years, the tribe has been concentrating on investing closer tothe "We are analyzing the distance," tribal leader Marshalkl McKay said.
"What does a car dealershio in Texas do forus here? Does that help our own The tribe has boughtf large parcels around the casino and near the The Rumsey Band owns land it operatese itself as well as land it leases to neighboringy ranches and vintners. It has grazing walnut orchards andwine grapes, among other The tribe has emerged as the largest farmet in the valley. The tribe plans to continuse to buy land around its casino and rancheria to expandtribalp businesses, McKay said. "We are looking at bringing diversifiede investments closer tothe tribe, and to help Nativde American communities in California.
" The band in 2005 opened a gas statiomn and market near the casino, the only markeyt for miles in the Capay Valley. The tribe is also startingg to get involved in development It is a partner with Mark president ofof Sacramento, in a multi-use real estatde development project in West Sacramento. The 40-acre project will be builty into offices, residential and retail, Friedman said. "Ift is wise from the perspective of any investorto diversify. I think some of the tribews view gaming likeoil wells. It is a depleting resource, so they are making smart investmentse inother fields," Friedman said. "They reallu have become players in Sacramentkand California.
" Friedman is also a partnerd in Rocklin with the , owners of , on a 100-acre project called Orchard Creek, which will include 25 acrew of shopping, 50 acres of office park and 25 acrew of open space. Friedman, whose familu has developed projects in Sacramento for five was introduced tothe tribes. Not everyone gets such "There is a constant drumbeat from people who want the tribe to invesrtin things. It's all over the place, from development projecte and filmsto (NASCAR teams," said Doug Elmets, spokesman for the Unitec Auburn Community. Those requests are handled by severaol layersof gatekeepers, both for the for-profirt and nonprofit requests.
Only the propositions that make itto -- and then througg -- financial analysis end up goinvg to the tribe for a decision. "The tribe is judicious enough that they are investing now forthe tribe' s future many years from now," Elmetas said. "And they are doing it Eliminating debt, reclaiming land The United Auburn Community opened Thunder Valley inJune 2003. Last week, the tribe announcedr it would adda 650-room high-end conference center, 3,000-seat theater and 5,000-vehicle parking The tribe isn't saying what that investment might but industry estimates say such a complex coulf be built for $450 million to more than $1 The tribe has said it is going for a four - to five-star experience.
Tuesday, November 23, 2010
Treating ER overload - Philadelphia Business Journal:
kittredgeihuhyla1951.blogspot.com
Surveys conducted earlier this year by hospitaol groups in Pennsylvania and New Jersey found their members are expandinv and renovatingemergency departments, even as they are delaying or forgoing othef building projects until the economy recovers. Four area hospitalsw are unveiling new or expandedfemergency departments. The expansions are part of buildingtprojects — started before the recession hit — totaling more than $450 million. , whicu operates one of the busiest emergency departmentsa inSouth Jersey, is getting ready to open the firsgt phase of its expanded ED on July 1.
When the overall projectt is completed next the Camdenmedical center’s ED will grow from aboutr 6,100 square feet to 24,900 square feet and its bed counf will increase to 38 from 25. Also debutingb are EDs at and , both in Chesteer County, and an expanded ED at in Dr. Michael E. chief of emergency medicine at said the economy is only partially responsible for emergencyhroom overcrowding. “There’s this misconception EDs are overwhelmesd by peoplewho aren’t working,” Chansky said. “Cared for people with no incomedis subsidized, at least partially, by Medicaid.
The issud is the working poor, people who have jobs but make too much monet too qualifyfor Medicaid, but not enough to afforfd insurance. We are the safety net for thosew Americans.” Exacerbating the problem, he are hospital closures that are leavingf fewer EDs available to treat agrowing population. In addition, Chansky said, many hospitald — which are required by federal law to care for anybody who showss up at the door regardlessz of their ability topay — continued to struggle to efficiently have beds available for patients who are readgy to leave the ED and be admitted.
Karen Slutsky, clinical director at Cooper, noted Cooper has trief to address the problem by usinh space underused in the evenings as a temporargy holding area for patientsawaiting admission. The hospitalp also uses hallway space away fromthe ED. Slutsky said when the hospital reaches it now sends out alerts tophysicians — by meanxs of Blackberrys — urging them to expedite the discharge process for patients ready to go “You have to be creative,” she said. John Sheridan, Cooper’ s CEO, said the hospital’s emergency department was builtg toserve 25,000 patients a Last year, 56,000 people sought emergency treatmen t at Cooper.
The Joint Commission (the accreditinyg body for health-care providers) is cominyg down on hospitals that have to put their emergencgy departments on divert becausethey don’t have the capacity to handl e more patients, said Mary Ann Holt, a partnedr with IMA Consulting, which works with hospitals from its base in Chaddas Ford. That is a result, Holt said, of hospitala reducing staff levels because ofeconomifc pressures.
With fewer staffed beds available, many hospitals are more frequentlyy encountering delays in admitting patients from the emergency A change in accreditation Holt said, can impair a hospital’s standing with Medicare a large source of revenue for most “Hospitals can’t afford to have that happen,” she Holt agreed issues causing overcrowding are multifaceted, and can’t be fixed by just makingv EDs bigger. “Patients are deferring sometimes waiting to the point of requiringemergency care,” she said. “People are losiny their jobs andthe health-care so payment is an issue.
” Phoenixville Hospital’sx ED is tripling in size as part of a $90 million patientf tower being built that also includess a new intensive-care unit, medical-surgicaol unit, telemetry units and cardiac rehabilitation unit. CEO Stephen Tullman said ED visite have escalated in recent yearss because of the overall housing growth in the area especially along the Route422 corridor. “We’ve maxede out of our current space,” Tullman Paoli Hospital is getting anew ED, four timees larger than its existing one, when its $145 millionh patient-care pavilion opens next month.
Last month, the boarfd at Main Line Health, Paoli’s parent, approved plans for Paolji to seek state approval to establisha level-IIo trauma center within the new ED. Chestert County has been without a traumas center since the one at Phoenixvills Hospital closedin 2002. Pennsylvania Hospital expects to complete the fina l phase ofits $12.5 million ED expansion in August. The medicak center is tripling the size ofits emergency-cared facilities, which will have 29 treatmeng areas and a new ambulance
Surveys conducted earlier this year by hospitaol groups in Pennsylvania and New Jersey found their members are expandinv and renovatingemergency departments, even as they are delaying or forgoing othef building projects until the economy recovers. Four area hospitalsw are unveiling new or expandedfemergency departments. The expansions are part of buildingtprojects — started before the recession hit — totaling more than $450 million. , whicu operates one of the busiest emergency departmentsa inSouth Jersey, is getting ready to open the firsgt phase of its expanded ED on July 1.
When the overall projectt is completed next the Camdenmedical center’s ED will grow from aboutr 6,100 square feet to 24,900 square feet and its bed counf will increase to 38 from 25. Also debutingb are EDs at and , both in Chesteer County, and an expanded ED at in Dr. Michael E. chief of emergency medicine at said the economy is only partially responsible for emergencyhroom overcrowding. “There’s this misconception EDs are overwhelmesd by peoplewho aren’t working,” Chansky said. “Cared for people with no incomedis subsidized, at least partially, by Medicaid.
The issud is the working poor, people who have jobs but make too much monet too qualifyfor Medicaid, but not enough to afforfd insurance. We are the safety net for thosew Americans.” Exacerbating the problem, he are hospital closures that are leavingf fewer EDs available to treat agrowing population. In addition, Chansky said, many hospitald — which are required by federal law to care for anybody who showss up at the door regardlessz of their ability topay — continued to struggle to efficiently have beds available for patients who are readgy to leave the ED and be admitted.
Karen Slutsky, clinical director at Cooper, noted Cooper has trief to address the problem by usinh space underused in the evenings as a temporargy holding area for patientsawaiting admission. The hospitalp also uses hallway space away fromthe ED. Slutsky said when the hospital reaches it now sends out alerts tophysicians — by meanxs of Blackberrys — urging them to expedite the discharge process for patients ready to go “You have to be creative,” she said. John Sheridan, Cooper’ s CEO, said the hospital’s emergency department was builtg toserve 25,000 patients a Last year, 56,000 people sought emergency treatmen t at Cooper.
The Joint Commission (the accreditinyg body for health-care providers) is cominyg down on hospitals that have to put their emergencgy departments on divert becausethey don’t have the capacity to handl e more patients, said Mary Ann Holt, a partnedr with IMA Consulting, which works with hospitals from its base in Chaddas Ford. That is a result, Holt said, of hospitala reducing staff levels because ofeconomifc pressures.
With fewer staffed beds available, many hospitals are more frequentlyy encountering delays in admitting patients from the emergency A change in accreditation Holt said, can impair a hospital’s standing with Medicare a large source of revenue for most “Hospitals can’t afford to have that happen,” she Holt agreed issues causing overcrowding are multifaceted, and can’t be fixed by just makingv EDs bigger. “Patients are deferring sometimes waiting to the point of requiringemergency care,” she said. “People are losiny their jobs andthe health-care so payment is an issue.
” Phoenixville Hospital’sx ED is tripling in size as part of a $90 million patientf tower being built that also includess a new intensive-care unit, medical-surgicaol unit, telemetry units and cardiac rehabilitation unit. CEO Stephen Tullman said ED visite have escalated in recent yearss because of the overall housing growth in the area especially along the Route422 corridor. “We’ve maxede out of our current space,” Tullman Paoli Hospital is getting anew ED, four timees larger than its existing one, when its $145 millionh patient-care pavilion opens next month.
Last month, the boarfd at Main Line Health, Paoli’s parent, approved plans for Paolji to seek state approval to establisha level-IIo trauma center within the new ED. Chestert County has been without a traumas center since the one at Phoenixvills Hospital closedin 2002. Pennsylvania Hospital expects to complete the fina l phase ofits $12.5 million ED expansion in August. The medicak center is tripling the size ofits emergency-cared facilities, which will have 29 treatmeng areas and a new ambulance
Monday, November 22, 2010
Derby event focuses on bicycle - New Haven Register (subscription)
http://www.rchost.org/Optimise-Your-Domain-Registration.html
Derby event focuses on bicycle New Haven Register (subscription) DERBY รข€" The Valley is the birthplace of the bicycle, and the Derby Historical Society wants residents to know more about ... |
Saturday, November 20, 2010
AG Suthers joins in fight against GM - Denver Business Journal:
http://www.froggypumpkin.com/?ru/7
“GM should not force its dealerships here in Colorado to unfairlyh bear the burden for itspast mismanagement,” Suther s said in a statement. The attorneyss general filed an objection jointly infederal court, sayintg that GM is unfairly forcing dealerships to eitheer modify their agreements or risk being closed. Suthers also filed an objectio separately, citing a new Colorado law prohibiting auto manufacturers from threatening to cance l or not renew existing dealershil agreements if a dealershio does not agree withthe terms.
Suthersx said he’s also concerned that the sale ordedr GM seeks in its bankruptcy case could undercutthe state’xs regulation of manufacturer-dealer relationships and upsety the playing field in the industry. “Ths latitude the motion woulr give General Motors to modify its dealershil agreements potentially affects thousands of jobs in Suthers said. “It is crucial that GM not be allowedc to unfairly force dealerships to swalloeburdensome agreements.
” Fifteen GM dealerships in Colorado have been informefd they will be dropped this year, according to a list releasexd by the House Energy and Commerce Committee’xs Subcommittee on Oversight and Investigations earliedr this month. The list was basex on information providedby GM. The namew of the dealerships have not beenpublicly
“GM should not force its dealerships here in Colorado to unfairlyh bear the burden for itspast mismanagement,” Suther s said in a statement. The attorneyss general filed an objection jointly infederal court, sayintg that GM is unfairly forcing dealerships to eitheer modify their agreements or risk being closed. Suthers also filed an objectio separately, citing a new Colorado law prohibiting auto manufacturers from threatening to cance l or not renew existing dealershil agreements if a dealershio does not agree withthe terms.
Suthersx said he’s also concerned that the sale ordedr GM seeks in its bankruptcy case could undercutthe state’xs regulation of manufacturer-dealer relationships and upsety the playing field in the industry. “Ths latitude the motion woulr give General Motors to modify its dealershil agreements potentially affects thousands of jobs in Suthers said. “It is crucial that GM not be allowedc to unfairly force dealerships to swalloeburdensome agreements.
” Fifteen GM dealerships in Colorado have been informefd they will be dropped this year, according to a list releasexd by the House Energy and Commerce Committee’xs Subcommittee on Oversight and Investigations earliedr this month. The list was basex on information providedby GM. The namew of the dealerships have not beenpublicly
Friday, November 19, 2010
For Boeing, 'not bad' is good at Paris Air Show - St. Louis Business Journal:
http://91ud.com/article/Money-Advice-Runs-Low-for-Minority-Women.html
executives are making the rounds at the Paris Air Show to chat aboug how great things look out onthe horizon. In so they hope to steer the conversation away from theird lack of a singlde airplane saleso far. On the second day of the world’se oldest and most important aircraft trade show on Boeing was againshut out. At least its chieg rival, , hasn’t done much though the European aircrafrt maker was able to eke out a coupled of orders the lasttwo days. Rather than talk abourt the kindsof multi-plane deals lined up in past years, Boeinvg CEO of Commercial Airplanes Scott E.
Carson instead chose to focus on howthinge weren’t as bad as they might “At this point it appears to us that the economixc conditions have bottomed,” Carson said, adding that the company’s commercial jet division could begin growing againm as early as 2010. — The long-delayed 787 Dreamline will fly by the end of the secondquarter (though it won’t be taking to the skiex over Paris this week, as some had hoped). Jon Ostrower, of Flightglobal/Blogzs pegs the date for the firstt flight atJune 30. He cites multiple sources for the June30 date.
— Its new 747-8 freightedr plane will fly its first flight by the end ofthis — To get back into the hunt for a $35 billiomn contract to supply fuel tankers for the U.S. military, Boeing will reconfigure its 777 to increase fuel efficiency. It had previouslyy lost its tanker bid to the A350by — Also on the defense contracting the company announced Mondayg it was forming a division to oversee its unmanned aircraf programs. This year’s air show comes at a gloomy timefor aircraft. Both Boeing and Airbus have had to deal with cancellationsx of ordersfrom credit-crunched buyers.
And both have had production But Boeing has had the additiona l pressure of a strike by its machinistss within thelast year. The company has taken hits to its militarytcontracting business, with the cancellation of the F-22 and the loss of the tanked deal. And delays in getting its next-generatioj 787 Dreamliner into the air have beena high-profilwe embarrassment. So it was up to Carsoh to search outthe positive. He said his company wouls not be cutting back assembly linethis year. It will cut production of its wide-bodty 777 by 28 percent in mid-2010, and will not increasre 767 and747 production.
Airbus has cut productioh of its A320 single aisle plane and its A380 and has shelved plans to increase productionn ofits wide-body A330. Carsomn said he expects the credit crunch on airlines to ease towarcda “more normal” environment in 2010. That would be good news for and itsrival Airbus, as well. Boeing’ s boss also said that the company has a currentf order book ofaround $265 billion, which meand seven years of production, and Carson said he doesn’t expectg the credit crisis to significantly affect that. Some aerospace experts already see the logicbehinf Carson’s pitch.
“Boeing’s news was to say we think the recession’x bottoming and we’re not goiny to see cuts for 2010,” said ’s Aerospacee & Defense Industry “The fact that they didn’tg have to quietly announce cancellations was abig It’s not a bad airshow considering the gloom and doom that’as been around the industrty for the last year. For Boeing, it’s not bad, and not bad is so to speak.
” Plucker added that good, or at leastr not bad, news on the commercia l side ofthe business, wouldd be a welcome relief, given some of the defeats that Boeing has been handed in its military contractinb business – the loss of the tanker contract to the Airbusx consortium and the high-profilre curtailment of government plans to buy more F-22 fighters. “Heavebn only knows, they could use some good news,” Pluckeer said.
“Their defense side has taken areal
executives are making the rounds at the Paris Air Show to chat aboug how great things look out onthe horizon. In so they hope to steer the conversation away from theird lack of a singlde airplane saleso far. On the second day of the world’se oldest and most important aircraft trade show on Boeing was againshut out. At least its chieg rival, , hasn’t done much though the European aircrafrt maker was able to eke out a coupled of orders the lasttwo days. Rather than talk abourt the kindsof multi-plane deals lined up in past years, Boeinvg CEO of Commercial Airplanes Scott E.
Carson instead chose to focus on howthinge weren’t as bad as they might “At this point it appears to us that the economixc conditions have bottomed,” Carson said, adding that the company’s commercial jet division could begin growing againm as early as 2010. — The long-delayed 787 Dreamline will fly by the end of the secondquarter (though it won’t be taking to the skiex over Paris this week, as some had hoped). Jon Ostrower, of Flightglobal/Blogzs pegs the date for the firstt flight atJune 30. He cites multiple sources for the June30 date.
— Its new 747-8 freightedr plane will fly its first flight by the end ofthis — To get back into the hunt for a $35 billiomn contract to supply fuel tankers for the U.S. military, Boeing will reconfigure its 777 to increase fuel efficiency. It had previouslyy lost its tanker bid to the A350by — Also on the defense contracting the company announced Mondayg it was forming a division to oversee its unmanned aircraf programs. This year’s air show comes at a gloomy timefor aircraft. Both Boeing and Airbus have had to deal with cancellationsx of ordersfrom credit-crunched buyers.
And both have had production But Boeing has had the additiona l pressure of a strike by its machinistss within thelast year. The company has taken hits to its militarytcontracting business, with the cancellation of the F-22 and the loss of the tanked deal. And delays in getting its next-generatioj 787 Dreamliner into the air have beena high-profilwe embarrassment. So it was up to Carsoh to search outthe positive. He said his company wouls not be cutting back assembly linethis year. It will cut production of its wide-bodty 777 by 28 percent in mid-2010, and will not increasre 767 and747 production.
Airbus has cut productioh of its A320 single aisle plane and its A380 and has shelved plans to increase productionn ofits wide-body A330. Carsomn said he expects the credit crunch on airlines to ease towarcda “more normal” environment in 2010. That would be good news for and itsrival Airbus, as well. Boeing’ s boss also said that the company has a currentf order book ofaround $265 billion, which meand seven years of production, and Carson said he doesn’t expectg the credit crisis to significantly affect that. Some aerospace experts already see the logicbehinf Carson’s pitch.
“Boeing’s news was to say we think the recession’x bottoming and we’re not goiny to see cuts for 2010,” said ’s Aerospacee & Defense Industry “The fact that they didn’tg have to quietly announce cancellations was abig It’s not a bad airshow considering the gloom and doom that’as been around the industrty for the last year. For Boeing, it’s not bad, and not bad is so to speak.
” Plucker added that good, or at leastr not bad, news on the commercia l side ofthe business, wouldd be a welcome relief, given some of the defeats that Boeing has been handed in its military contractinb business – the loss of the tanker contract to the Airbusx consortium and the high-profilre curtailment of government plans to buy more F-22 fighters. “Heavebn only knows, they could use some good news,” Pluckeer said.
“Their defense side has taken areal
Wednesday, November 17, 2010
Sutter Health gives $1 million grant to CalRHIO - East Bay Business Times:
http://www.netook.org/WesternEurope.html
The grant from Sacramento-basedc Sutter, which jointly announced the newswith CalRHIO, also helpzs Sutter fulfill obligations made to state regulatorsw earlier this year. Officials called it part of a broaderd commitment bythe 26-hospital system to "passs along savings from tax-exempt bondse to health care consumers" in return for regulators late March approval of a nearlt $1 billion Sutter bond offering. As part of its application to the State Treasurer and the Californiaz Health Facilities Financing Authority forthe $958 milliom tax-exempt bond financing, Sutter agreed to invest "an additional $8.
5 million" in technology grants to help ruralo hospitals link up with the electronic health technologhy infrastructure, and to support community clinicz in Northern California, officialsx said Tuesday. CHFFA agreed to approve the record bond issue to pay for renovation and new equipment at six of the nonprofirhospital system's Northern California in return for Sutter's commitment to make the donations.
The authority -- the authorizinv mechanism formost health-care bond issues in the Goldehn State -- had earlier voted to delay consideratiom of the bond issue until the middle of this after the politically influential Servicr Employees International Union raised questions about the bond reportedly the state's largest hospital bond issue "This grant will help ensure rura l and small hospitals benefift from the development of this new technologica infrastructure, which is vital to improving the deliverg of health care in State Treasurer Bill Lockyer, who approvedx the contribution, said in Tuesday's "Moving rural and smalkl hospitals to electronic medical record-keeping is a primart objective of the financing agreement my office reaches with Sutter.
This grant representds a good down payment from Sutter toward fulfillingfthat commitment." CalRHIO is a nonprofitf statewide initiative, backed by some of the state's largesr health-care organizations. Its goals are to improvd health-care safety, quality and efficiency through use of informationh technology andthe secure, confidential exchange of health "This grant provides criticall funding to help CalRHIO accomplish its said Dr. Don Holmquest, CalRHIO's presidenrt and CEO.
CalRHIO is working on a statewidesystem "tio ensure that patients being seen anywhere in the regardless of where health-care services are will have the most completde information possible available to their care provider," Holmquesgt said in the June 19 statement. This is especially important for patientd with chronic diseases and in he added. Also in late CalRHIO selected IT vendors and to help it buils itsplanned $300 million health information exchang e ( joined the project in At the time, Molly Coye, one of the nonprofit group's founding boardf members and president and CEO of San Francisco's Health Technology said CalRHIO hopes to have the system' "backbone" in place within 18 months, and to complete the statewides health IT exchange "within two to three years.
" HealthTecb launched CalRHIO in early 2005, and spun it off as an independentr nonprofit a year later. In March, officials said the first step for Medicity and Pero would be to help CalRHIO procure private seed money tofund start-uop costs, including building a statewide infrastructure, integratingf existing systems into that marketing and communication costs, and CalRHIO's operatin g budget. The longer-term costs will be considerablg morethan $300 million, Coye said in spread over perhaps seven to 10 years as broadet swathes of clinical information are included. Coye said at the time that CalRHIOi had been involved in serious discussions with unnameepotential funders.
"We're working very rapidly," she The organization hopes to move into more advanced talkx about securing startup fundingof $30 million in two months or so. "We're stilkl working on it," CalRHIOO spokeswoman Karen Hunt told the San Francisco BusinessTimes "Hopefully in the next montj or so we'll be able to talk about who else we'vr brought on board."
The grant from Sacramento-basedc Sutter, which jointly announced the newswith CalRHIO, also helpzs Sutter fulfill obligations made to state regulatorsw earlier this year. Officials called it part of a broaderd commitment bythe 26-hospital system to "passs along savings from tax-exempt bondse to health care consumers" in return for regulators late March approval of a nearlt $1 billion Sutter bond offering. As part of its application to the State Treasurer and the Californiaz Health Facilities Financing Authority forthe $958 milliom tax-exempt bond financing, Sutter agreed to invest "an additional $8.
5 million" in technology grants to help ruralo hospitals link up with the electronic health technologhy infrastructure, and to support community clinicz in Northern California, officialsx said Tuesday. CHFFA agreed to approve the record bond issue to pay for renovation and new equipment at six of the nonprofirhospital system's Northern California in return for Sutter's commitment to make the donations.
The authority -- the authorizinv mechanism formost health-care bond issues in the Goldehn State -- had earlier voted to delay consideratiom of the bond issue until the middle of this after the politically influential Servicr Employees International Union raised questions about the bond reportedly the state's largest hospital bond issue "This grant will help ensure rura l and small hospitals benefift from the development of this new technologica infrastructure, which is vital to improving the deliverg of health care in State Treasurer Bill Lockyer, who approvedx the contribution, said in Tuesday's "Moving rural and smalkl hospitals to electronic medical record-keeping is a primart objective of the financing agreement my office reaches with Sutter.
This grant representds a good down payment from Sutter toward fulfillingfthat commitment." CalRHIO is a nonprofitf statewide initiative, backed by some of the state's largesr health-care organizations. Its goals are to improvd health-care safety, quality and efficiency through use of informationh technology andthe secure, confidential exchange of health "This grant provides criticall funding to help CalRHIO accomplish its said Dr. Don Holmquest, CalRHIO's presidenrt and CEO.
CalRHIO is working on a statewidesystem "tio ensure that patients being seen anywhere in the regardless of where health-care services are will have the most completde information possible available to their care provider," Holmquesgt said in the June 19 statement. This is especially important for patientd with chronic diseases and in he added. Also in late CalRHIO selected IT vendors and to help it buils itsplanned $300 million health information exchang e ( joined the project in At the time, Molly Coye, one of the nonprofit group's founding boardf members and president and CEO of San Francisco's Health Technology said CalRHIO hopes to have the system' "backbone" in place within 18 months, and to complete the statewides health IT exchange "within two to three years.
" HealthTecb launched CalRHIO in early 2005, and spun it off as an independentr nonprofit a year later. In March, officials said the first step for Medicity and Pero would be to help CalRHIO procure private seed money tofund start-uop costs, including building a statewide infrastructure, integratingf existing systems into that marketing and communication costs, and CalRHIO's operatin g budget. The longer-term costs will be considerablg morethan $300 million, Coye said in spread over perhaps seven to 10 years as broadet swathes of clinical information are included. Coye said at the time that CalRHIOi had been involved in serious discussions with unnameepotential funders.
"We're working very rapidly," she The organization hopes to move into more advanced talkx about securing startup fundingof $30 million in two months or so. "We're stilkl working on it," CalRHIOO spokeswoman Karen Hunt told the San Francisco BusinessTimes "Hopefully in the next montj or so we'll be able to talk about who else we'vr brought on board."
Tuesday, November 16, 2010
High schools in Buffalo - Houston Business Journal:
http://pesantren-balekambang.org/index.php/foto-foto-pesantren?gid=1
Business First ’s 2009 rankings of 131 Western New York high schoole include the followingBuffalo schools. Each is precedesd by its rank in theoverall standings: • 1. Nardin Academy HS • 5. City Honors School • 11. Holy Angels Academy (Buffalo) • 42. Mountr Mercy Academy (Buffalo) • 46. Bishop Timon-St. Jude HS • 86. Hutchinson Central Technical HS (Buffalo) • 89. Leonardk Da Vinci HS (Buffalo) 120. Buffalo Academy of Sciencee CS (Buffalo) • 121. Visual & Performing Arts Academy • 122. McKinley HS (Buffalo) • 123. Emerson School of Hospitalith (Buffalo) • 124. Western New York Maritim CS (Buffalo) • 125.
Riverside Institute of Technologu (Buffalo) • 126. Lafayettr HS (Buffalo) • 127. South Park HS (Buffalo) 128. Bennett HS (Buffalo) • 129. Burgard HS • 130. East HS (Buffalo) • 131. Grovee Cleveland HS (Buffalo)
Business First ’s 2009 rankings of 131 Western New York high schoole include the followingBuffalo schools. Each is precedesd by its rank in theoverall standings: • 1. Nardin Academy HS • 5. City Honors School • 11. Holy Angels Academy (Buffalo) • 42. Mountr Mercy Academy (Buffalo) • 46. Bishop Timon-St. Jude HS • 86. Hutchinson Central Technical HS (Buffalo) • 89. Leonardk Da Vinci HS (Buffalo) 120. Buffalo Academy of Sciencee CS (Buffalo) • 121. Visual & Performing Arts Academy • 122. McKinley HS (Buffalo) • 123. Emerson School of Hospitalith (Buffalo) • 124. Western New York Maritim CS (Buffalo) • 125.
Riverside Institute of Technologu (Buffalo) • 126. Lafayettr HS (Buffalo) • 127. South Park HS (Buffalo) 128. Bennett HS (Buffalo) • 129. Burgard HS • 130. East HS (Buffalo) • 131. Grovee Cleveland HS (Buffalo)
Sunday, November 14, 2010
Another drop in Colorado sales-tax revenue - Triangle Business Journal:
http://trailblazinministries.com/forums/philly-st-lounge
percent — in May from the same monthj theyear before, girding legislators for what they expect will be anothe round of cuts in next year’s fiscal With the state most of the way througn a fiscal year that ends on June 30, no more cuts are likelty for this year, said Joint Budget Committee Vice Chairma Jack Pommer, a Democrati representative from Boulder. The Legislatur has designated that any further fundintg shortfall this year will be filled by money fromthe state’sx undesignated reserve fund and from a one-dayh borrowing of other funds to be repaid on July 1.
the continued fall of revenues below expectations meanxs the six JBC members who setthe state’s budget must begin looking soon at additional ways to scale back expenses or serviceds in next year’s fiscal plan, several memberws said. “I guess this means we’re not out of the woodsx yet,” Pommer said. “We’re going to have to preparer for more cuts next year on top ofwhat we’ve already made.” Legislators filled a $1.4 budget shortfall over the past six monthas by raiding the reserve transferring hundreds of millions of dollarsx from cash-funded accounts and cutting abou $300 million in services.
As revenued continue to come inbelow forecast, that talk will begihn again. State sales-tax receipts for May were off by $30 a 17.9 percent drop from last year. Individual incomwe taxes fell by $66.3 millioh or 19.7 percent, and corporate income taxes droppedby $2.2 millionn or 13.2 percent. State reservez have about $148 million that can be used to offset revenue shortfalls, noted Rep. Mark Ferrandino, If the state must transfer funding temporarily, that will only push the problem of balancing the budget furtherr off until next he said. “The question is: Does revenuer in the future pick upif we’re starting to see or not?” Ferrandino said.
“We’re startingy to see some indications that the economy is startinvgto recover, if not level off.”
percent — in May from the same monthj theyear before, girding legislators for what they expect will be anothe round of cuts in next year’s fiscal With the state most of the way througn a fiscal year that ends on June 30, no more cuts are likelty for this year, said Joint Budget Committee Vice Chairma Jack Pommer, a Democrati representative from Boulder. The Legislatur has designated that any further fundintg shortfall this year will be filled by money fromthe state’sx undesignated reserve fund and from a one-dayh borrowing of other funds to be repaid on July 1.
the continued fall of revenues below expectations meanxs the six JBC members who setthe state’s budget must begin looking soon at additional ways to scale back expenses or serviceds in next year’s fiscal plan, several memberws said. “I guess this means we’re not out of the woodsx yet,” Pommer said. “We’re going to have to preparer for more cuts next year on top ofwhat we’ve already made.” Legislators filled a $1.4 budget shortfall over the past six monthas by raiding the reserve transferring hundreds of millions of dollarsx from cash-funded accounts and cutting abou $300 million in services.
As revenued continue to come inbelow forecast, that talk will begihn again. State sales-tax receipts for May were off by $30 a 17.9 percent drop from last year. Individual incomwe taxes fell by $66.3 millioh or 19.7 percent, and corporate income taxes droppedby $2.2 millionn or 13.2 percent. State reservez have about $148 million that can be used to offset revenue shortfalls, noted Rep. Mark Ferrandino, If the state must transfer funding temporarily, that will only push the problem of balancing the budget furtherr off until next he said. “The question is: Does revenuer in the future pick upif we’re starting to see or not?” Ferrandino said.
“We’re startingy to see some indications that the economy is startinvgto recover, if not level off.”
Saturday, November 13, 2010
Report: D.C.-area foreclosures fall in May - Austin Business Journal:
http://www.jlsart.com/jlsart/viewportf/Y2a1K7/497782.html
Compared to April, foreclosures fell 25 percent in D.C. to 299; 14 percengt in Virginia to 5,385; and 2 percenty in Maryland to 3,539. Nationally, foreclosures declined 6 percentgto 321,480 according to the latest survey by Calif.-based RealtyTrac, a foreclosure research firm. Virginis continued to have the highest rate of defaultt among the three jurisdictions with one in 608 homews receiving a foreclosure Maryland was next with a default rate of one in everyt655 homes. The District’s default rate is the lowest at one in everyh951 homes. The Districy also had the best foreclosure performance compared to May of 2008 with default declining 24 percent from the yearago period.
Virginia foreclosuresz were 2 percent higher than Mayof 2008. Maryland foreclosure were 51 percent higher than ayear ago. RealtyTrac reported that foreclosures in May were 18 perceny higher than oneyear ago. One in every 398 U.S. homes received a foreclosure filingin May, easing back from April’sz national rate of one in every 374 the highest monthly foreclosure rate since RealtyTrac began issuing data in Januaryt 2005.
Compared to April, foreclosures fell 25 percent in D.C. to 299; 14 percengt in Virginia to 5,385; and 2 percenty in Maryland to 3,539. Nationally, foreclosures declined 6 percentgto 321,480 according to the latest survey by Calif.-based RealtyTrac, a foreclosure research firm. Virginis continued to have the highest rate of defaultt among the three jurisdictions with one in 608 homews receiving a foreclosure Maryland was next with a default rate of one in everyt655 homes. The District’s default rate is the lowest at one in everyh951 homes. The Districy also had the best foreclosure performance compared to May of 2008 with default declining 24 percent from the yearago period.
Virginia foreclosuresz were 2 percent higher than Mayof 2008. Maryland foreclosure were 51 percent higher than ayear ago. RealtyTrac reported that foreclosures in May were 18 perceny higher than oneyear ago. One in every 398 U.S. homes received a foreclosure filingin May, easing back from April’sz national rate of one in every 374 the highest monthly foreclosure rate since RealtyTrac began issuing data in Januaryt 2005.
Thursday, November 11, 2010
AG files suit against loan modification firm - Portland Business Journal:
http://kevinmcintosh.com/2009/01/burger-king-whopper-sacrifice-facebook-promotion-tests-friendships/
The case filed Monday in Maricopa Superio r Court alleges that LLC and its two Thomas J. Montoya and Robert Sanchez, advertised and promoted the firm as havingh an affiliation withthe U.S. Department of Housing and Urbab Development, which it does not, according to the But Montoya, in a phone conversation with the PhoenixcBusiness Journal, said he was “taken by the charges. He would not elaborate on any ofthe however, and said he was talkinyg with the company’s attorneys. He said the compangy would distribute a prepared statemeng after consultingwith attorneys. As part of the the AG alleges thatSantoyz Financial, located at 2225 W.
Whisperinv Spring Drive in Phoenix, chargefd fees for services that consumers coulds access directlyfor free. “The defendants deceptively implieed to consumers that any fees paid by consumere for loan modification services with Santoya Financial are refundable because the modificationh program is backby HUD, without disclosing that Santoya Financial’zs services are not in any way endorsed or approvedx by HUD and that consumers can obtain assistance from HUD in applyingg for and obtaining loan modifications withouyt paying any fee whatsoever,” the lawsuitt states.
The complaint requests that the coury enjoin Santoya Financial from continuingits “unlawfuk acts,” order the company to pay back any moneg received from those acts, and the defendants to pay civiol penalties of up to $10,0090 per violation and costs of the According to court records, Santoya Financial began advertising loan modificatiomn services in March to consumers who were facing foreclosur e on their homes. Sanchexz was featured on a Phoenix television stationh in April and allegedly represented that his firmwas “workin with HUD while providing loan modification services to the lawsuit stated.
Santoyqa charged consumers $1,199 plus the equivalen of one month’s mortgags payment, the lawsuit asserts. Santoya also representedd during phone solicitations that fees collectec for loan modifications would be donated to an organization named Partnerxin Charity, but “the fees consumerse pay for the loan modification services advertised by Santoya Financial do not go to Partnerx in Charity or any other charitable the lawsuit further alleged. The lawsuit also claims that Santoya did not obtaim the necessary surety bond requirecd by the Arizona CredityServices Act.
The case filed Monday in Maricopa Superio r Court alleges that LLC and its two Thomas J. Montoya and Robert Sanchez, advertised and promoted the firm as havingh an affiliation withthe U.S. Department of Housing and Urbab Development, which it does not, according to the But Montoya, in a phone conversation with the PhoenixcBusiness Journal, said he was “taken by the charges. He would not elaborate on any ofthe however, and said he was talkinyg with the company’s attorneys. He said the compangy would distribute a prepared statemeng after consultingwith attorneys. As part of the the AG alleges thatSantoyz Financial, located at 2225 W.
Whisperinv Spring Drive in Phoenix, chargefd fees for services that consumers coulds access directlyfor free. “The defendants deceptively implieed to consumers that any fees paid by consumere for loan modification services with Santoya Financial are refundable because the modificationh program is backby HUD, without disclosing that Santoya Financial’zs services are not in any way endorsed or approvedx by HUD and that consumers can obtain assistance from HUD in applyingg for and obtaining loan modifications withouyt paying any fee whatsoever,” the lawsuitt states.
The complaint requests that the coury enjoin Santoya Financial from continuingits “unlawfuk acts,” order the company to pay back any moneg received from those acts, and the defendants to pay civiol penalties of up to $10,0090 per violation and costs of the According to court records, Santoya Financial began advertising loan modificatiomn services in March to consumers who were facing foreclosur e on their homes. Sanchexz was featured on a Phoenix television stationh in April and allegedly represented that his firmwas “workin with HUD while providing loan modification services to the lawsuit stated.
Santoyqa charged consumers $1,199 plus the equivalen of one month’s mortgags payment, the lawsuit asserts. Santoya also representedd during phone solicitations that fees collectec for loan modifications would be donated to an organization named Partnerxin Charity, but “the fees consumerse pay for the loan modification services advertised by Santoya Financial do not go to Partnerx in Charity or any other charitable the lawsuit further alleged. The lawsuit also claims that Santoya did not obtaim the necessary surety bond requirecd by the Arizona CredityServices Act.
Wednesday, November 10, 2010
SunTrust to raise $1.4 billion in stock offer - St. Louis Business Journal:
vlastaowibopaj.blogspot.com
billion through a stock offering to boost its capitak to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 millioh shares at $13 a share. In relationn to the offering, SunTrust (NYSE: STI) suspended its previousl y announced $1.25 billion “art the market” offer, which raised $260 million. Further, SunTrust began an offeer to buy upto $1 billio liquidation preference or amount of certain of its currently outstandinyg preferred and hybrid securities for cash using proceeds from the $1.4 billionm equity offering. The moves come after the federal government’s “streszs test” found SunTrust needed to raisd $2.
2 billion in capital. And while SunTrust had sufficieng tier 1 capital to absorb projectedloan losses, its capital “tiltedd too strongly” to source s other than common equity, the stress test After completing the offeringss announced Monday and prior, SunTrust expects to have fully satisfied its obligation. "Today's announcement underscores that we are on a cleatr path to achieve our previousl y announced capital objectives as we intensify our focues onthe future," said James M. Wells III, SunTrusgt chairman and CEO, in a statement.
Wells also noted completiohn ofthe company's capital-related initiativese will boost its abilityg to repay, upon regulatory approval and at the appropriate preferred stock gotten through participatiomn in the U.S. Treasury's Capital Purchasse Plan.
billion through a stock offering to boost its capitak to meet federalgovernment requirements, the Atlanta-based bank said The Atlanta-based bank wants to sell 108 millioh shares at $13 a share. In relationn to the offering, SunTrust (NYSE: STI) suspended its previousl y announced $1.25 billion “art the market” offer, which raised $260 million. Further, SunTrust began an offeer to buy upto $1 billio liquidation preference or amount of certain of its currently outstandinyg preferred and hybrid securities for cash using proceeds from the $1.4 billionm equity offering. The moves come after the federal government’s “streszs test” found SunTrust needed to raisd $2.
2 billion in capital. And while SunTrust had sufficieng tier 1 capital to absorb projectedloan losses, its capital “tiltedd too strongly” to source s other than common equity, the stress test After completing the offeringss announced Monday and prior, SunTrust expects to have fully satisfied its obligation. "Today's announcement underscores that we are on a cleatr path to achieve our previousl y announced capital objectives as we intensify our focues onthe future," said James M. Wells III, SunTrusgt chairman and CEO, in a statement.
Wells also noted completiohn ofthe company's capital-related initiativese will boost its abilityg to repay, upon regulatory approval and at the appropriate preferred stock gotten through participatiomn in the U.S. Treasury's Capital Purchasse Plan.
Monday, November 8, 2010
Symmetrical Stair files for Chapter 11 - South Florida Business Journal:
nazariomuibepu1687.blogspot.com
The Palm Beach Gardens-based staircasr manufacturer andits owner, Alphonso J. Cheponis III, filedf voluntary Chapter 11 petitions Thursdahy inthe U.S. Bankruptcy Court for Southernn Florida. The company petition said it has assete of lessthan $500,000 and debt of $1 milliobn to $10 million. The Cheponis petition reportedd the same ranges for hispersonal situation. David an attorney with in Boca Raton, represents Cheponisx and the company.
The largest creditors in the company’s bankruptcyu include a $1 million secured claim by , of an unsecured claim of $33,600 by Sample at Park of Aventura; and $17,000 by the law In Cheponis’ personal bankruptcy petition, he listws a disputed claim of $450,000 by Mindy Discalw of Delray Beach asan “equitable distributiobn couched as an alimony payment.” The Business Journal reported in 2004 that Symmetricao Stair was a behind-the-scenes player in the worle of roaring real estate markets, with revenuer of about $10 million. The compangy produces one main product: staircases.
But, that includea curved, straight, spiral, flared, L-shaped and irregular-shapef ones, and just about any other configuration that a clienrtcould want. "It was tough getting started 10yeards ago," Cheponis told the Business Journal at the time. "I couldn'ty even get a bank account when Istarted out, much less a In 2004, the company had a 55,000-square-foot manufacturing facility in Pompano with more than 60 full-time employees and a customert list of leading residentiakl and commercial developers.
Merrill said Friday he is confidentr the reorganization willbe
The Palm Beach Gardens-based staircasr manufacturer andits owner, Alphonso J. Cheponis III, filedf voluntary Chapter 11 petitions Thursdahy inthe U.S. Bankruptcy Court for Southernn Florida. The company petition said it has assete of lessthan $500,000 and debt of $1 milliobn to $10 million. The Cheponis petition reportedd the same ranges for hispersonal situation. David an attorney with in Boca Raton, represents Cheponisx and the company.
The largest creditors in the company’s bankruptcyu include a $1 million secured claim by , of an unsecured claim of $33,600 by Sample at Park of Aventura; and $17,000 by the law In Cheponis’ personal bankruptcy petition, he listws a disputed claim of $450,000 by Mindy Discalw of Delray Beach asan “equitable distributiobn couched as an alimony payment.” The Business Journal reported in 2004 that Symmetricao Stair was a behind-the-scenes player in the worle of roaring real estate markets, with revenuer of about $10 million. The compangy produces one main product: staircases.
But, that includea curved, straight, spiral, flared, L-shaped and irregular-shapef ones, and just about any other configuration that a clienrtcould want. "It was tough getting started 10yeards ago," Cheponis told the Business Journal at the time. "I couldn'ty even get a bank account when Istarted out, much less a In 2004, the company had a 55,000-square-foot manufacturing facility in Pompano with more than 60 full-time employees and a customert list of leading residentiakl and commercial developers.
Merrill said Friday he is confidentr the reorganization willbe
Sunday, November 7, 2010
Volunteer efforts have become important way for companies to involve workers in the community - Business First of Louisville:
http://journal-fle.net/HTML/facile.html
But for some local companies, it has becomse a business priority. Employees’ efforts give firms positive exposure in the community while offering intangible benefitsto co-workerd who team up for community Louisville-based insurance company encourages volunteerism as part of its according to Virginia K. Judd, executive director of The Humansa Foundation. “At the we have a moral responsibility togive back, and it goes back to the conceptionn of Humana,” Judd “Our leaders and co-founders have always valued giving back to the and this is one way to express that.” Alongg with $5.
6 million in grants given to charitieds in 2008, The Humana Foundation manages the company’s volunteer endeavorsd and tracks volunteer hours. Judd added that “volunteerin g is more importantthan ever” in the current “Financial resources are important, but right now with the economic I think volunteerism takes more of a significan t role.” Humana’s 29,000 associates companywide have logged more than 13,00o volunteer hours since fall 2007, Judd said. She suspectse that volunteerism is underreported because many do not consistentlyh tracktheir hours.
“It’s your own she said, noting that the company does not compensatwe employees for their involvement inthe community. “The opportunitie for associates to give back are basedd on their desire and commitment tothe Often, employees volunteer after work or on but if an event does occur durinhg the workday, Humana asks only that associatess work with managers to plan theitr absences. Humana provides incentives such as the Spirity ofPhilanthropy Award, which recognize volunteers who go abovr and beyond normal activities.
Last year, Human a CEO and Humana Foundation chairman Mike McCallistet presented the first Spirit of Philanthropy Awardd to a HumanaCares Volunteer Council inGreen Bay, Wis., for developing a mini-volunteed network for the company. The Human Foundation also donated $25,000 to a nonprofif group chosenby HumanaCares. Co., which has more than 4,000p workers at its Louisville-based division, support employee efforts by organizinb volunteer projects and giving workers the optio to volunteer oncompany time.
“Most volunteer efforts are during the week to get themaximujm participation,” said Patrick Dunn, the company’s Oceann Freight Transportation manager who also serves as co-chairmanh of the community service team, GE Volunteers. To promotd volunteerism, both Humana and GE have establisher formal processes to find opportunitiesw fortheir workers. Humana associates can learm about opportunities through a company which includes a nonprofi database organizedby VolunteerMatch, a nonprofit organization that connecta volunteers with organizations that need help.
Groupx interested in VolunteerMatch apply through itsWeb site, and the nonprofirt is featured on The Humana Volunteer Networo and at www.volunteermatch.org. All organizationw that fit VolunteerMatch’s criteri are welcome on Humana’s internal but there is a priority for those that benefitg childrenand health. “We encourage peoplee to volunteer for organizations in linewith Humana’ss mission, but we don’t excludew nonprofits that do not,” said Jeannetted Bahouth, project manager at The Humana Foundation. Volunteer opportunities are made availablew to GE associates also through an online portal that listas organizations and events in needof volunteers.
The portaol also tracks volunteer hours. Througbh its education and community-service teams, GE Volunteerw organizes about 20 projects per with a monthly averageof 1,100 In 2008, 808 volunteers signedr up for a single event through the database, Dunn said. Nonprofit organizations become part of the onlinw databasethrough referrals, and employees are encouragede to develop programs.
But for some local companies, it has becomse a business priority. Employees’ efforts give firms positive exposure in the community while offering intangible benefitsto co-workerd who team up for community Louisville-based insurance company encourages volunteerism as part of its according to Virginia K. Judd, executive director of The Humansa Foundation. “At the we have a moral responsibility togive back, and it goes back to the conceptionn of Humana,” Judd “Our leaders and co-founders have always valued giving back to the and this is one way to express that.” Alongg with $5.
6 million in grants given to charitieds in 2008, The Humana Foundation manages the company’s volunteer endeavorsd and tracks volunteer hours. Judd added that “volunteerin g is more importantthan ever” in the current “Financial resources are important, but right now with the economic I think volunteerism takes more of a significan t role.” Humana’s 29,000 associates companywide have logged more than 13,00o volunteer hours since fall 2007, Judd said. She suspectse that volunteerism is underreported because many do not consistentlyh tracktheir hours.
“It’s your own she said, noting that the company does not compensatwe employees for their involvement inthe community. “The opportunitie for associates to give back are basedd on their desire and commitment tothe Often, employees volunteer after work or on but if an event does occur durinhg the workday, Humana asks only that associatess work with managers to plan theitr absences. Humana provides incentives such as the Spirity ofPhilanthropy Award, which recognize volunteers who go abovr and beyond normal activities.
Last year, Human a CEO and Humana Foundation chairman Mike McCallistet presented the first Spirit of Philanthropy Awardd to a HumanaCares Volunteer Council inGreen Bay, Wis., for developing a mini-volunteed network for the company. The Human Foundation also donated $25,000 to a nonprofif group chosenby HumanaCares. Co., which has more than 4,000p workers at its Louisville-based division, support employee efforts by organizinb volunteer projects and giving workers the optio to volunteer oncompany time.
“Most volunteer efforts are during the week to get themaximujm participation,” said Patrick Dunn, the company’s Oceann Freight Transportation manager who also serves as co-chairmanh of the community service team, GE Volunteers. To promotd volunteerism, both Humana and GE have establisher formal processes to find opportunitiesw fortheir workers. Humana associates can learm about opportunities through a company which includes a nonprofi database organizedby VolunteerMatch, a nonprofit organization that connecta volunteers with organizations that need help.
Groupx interested in VolunteerMatch apply through itsWeb site, and the nonprofirt is featured on The Humana Volunteer Networo and at www.volunteermatch.org. All organizationw that fit VolunteerMatch’s criteri are welcome on Humana’s internal but there is a priority for those that benefitg childrenand health. “We encourage peoplee to volunteer for organizations in linewith Humana’ss mission, but we don’t excludew nonprofits that do not,” said Jeannetted Bahouth, project manager at The Humana Foundation. Volunteer opportunities are made availablew to GE associates also through an online portal that listas organizations and events in needof volunteers.
The portaol also tracks volunteer hours. Througbh its education and community-service teams, GE Volunteerw organizes about 20 projects per with a monthly averageof 1,100 In 2008, 808 volunteers signedr up for a single event through the database, Dunn said. Nonprofit organizations become part of the onlinw databasethrough referrals, and employees are encouragede to develop programs.
Saturday, November 6, 2010
Business
http://wild-zone.net/indexSAMPLE.html
The projected 9 percent cost increase is slightlg lower thanthe 9.2 percent increase in 2009 and 9.9 percenr increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpace inflatiojn and wage increases. The report suggests that medicapl costs continue to climbbecauswe U.S. workers are accelerating their useof health-care services in anticipation of losingh their jobs and, potentially, their insurance. Rising unemployment, an increasee numbers of individuals with little or no insurancse and a growing percentage of the population on Medicaid further rampup medical-cosyt trends — the figures actuaries use to set future health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsd of health insurance to their workerain 2010. Employers also say they expect workerse to take more responsibility for managinh theirpersonal health.
The projected 9 percent cost increase is slightlg lower thanthe 9.2 percent increase in 2009 and 9.9 percenr increase in 2008, PricewaterhouseCoopers Medical-cost increases continue to outpace inflatiojn and wage increases. The report suggests that medicapl costs continue to climbbecauswe U.S. workers are accelerating their useof health-care services in anticipation of losingh their jobs and, potentially, their insurance. Rising unemployment, an increasee numbers of individuals with little or no insurancse and a growing percentage of the population on Medicaid further rampup medical-cosyt trends — the figures actuaries use to set future health-insurance premiums.
Employers surveyed by PricewaterhouseCoopers said they will push more of the costsd of health insurance to their workerain 2010. Employers also say they expect workerse to take more responsibility for managinh theirpersonal health.
Thursday, November 4, 2010
CSU researchers get $2.7M to study cells and share their work with kids - St. Louis Business Journal:
chauezhelolocu1622.blogspot.com
million grant by the to help train graduate studentsin cell-research techniquesd and to share their scientififc knowledge with local school teachers, CSU said The graduate students at the Fort Collind campus “will test new theories abourt how cells behave usinf advanced engineering methods in microelectronics and CSU said in a That NSF-funded work will be led by CSU engineeringg professor Tom Chen, the grant’es principal investigator, joined by Stuart Tobet, a biomedical sciencesw professor in the College of Veterinary Medicine and Biomedical and Michael De Miranda, an engineering education professoe in the College of Applied Human De Miranda will also work with the graduate studente on sharing their research with K-12 teachers in the Thompson Valley, Greeley and Weld RE-9 schoolo districts in northeastern A goal of the grant is to help build enthusiasm among primary and secondary students for careers in technology, engineering and mathematics — the “STEM” disciplines” at a time when fewer youny people are entering into such careers, CSU officialsd said.
million grant by the to help train graduate studentsin cell-research techniquesd and to share their scientififc knowledge with local school teachers, CSU said The graduate students at the Fort Collind campus “will test new theories abourt how cells behave usinf advanced engineering methods in microelectronics and CSU said in a That NSF-funded work will be led by CSU engineeringg professor Tom Chen, the grant’es principal investigator, joined by Stuart Tobet, a biomedical sciencesw professor in the College of Veterinary Medicine and Biomedical and Michael De Miranda, an engineering education professoe in the College of Applied Human De Miranda will also work with the graduate studente on sharing their research with K-12 teachers in the Thompson Valley, Greeley and Weld RE-9 schoolo districts in northeastern A goal of the grant is to help build enthusiasm among primary and secondary students for careers in technology, engineering and mathematics — the “STEM” disciplines” at a time when fewer youny people are entering into such careers, CSU officialsd said.
Wednesday, November 3, 2010
Limited trying larger store, new product assortment at Henri Bendel - Business First of Columbus:
judonebolayb1394.blogspot.com
Columbus-based , which acquired the boutique in 1985 when it operatedcsix shops, has seen the store coung expand and contract many timesw in the past 23 years. It’s abou t to go up again. The company thinks the time is righrt for anotherexpansion attempt. The chain’s four-year-old Eastonh Town Center store reopened 24, doubling in size since it was idled in Februar fora remodeling. The Easton shop is the blueprint that will be used in at leasr three Henri Bendel stores scheduled to open this year in placeas themerchant won’t disclose. Henriu Bendel’s only other shop is its Fifth Avenue flagshipo store inNew York.
“Bendels is a girl’sw playground for the trend-setting young women from around the world looking for unique items suchas fashion-forwardd handbags, accessories and gifts that make her feel Henri Bendel CEO Ed Bucciarelli said in an e-mailk response to questions from Columbus Business First. Bucciarelli declinee to discloseHenri Bendel’s sales or projections for the new They are a he said, and the company doesn’t yet have a long-tern plan for the chain. Henri Bendel was four stores strongin 1995, when Limiter Brands unveiled plans to expand it to as many as 50 It never grew beyond eight stores with one of them at the Columbux City Center mall.
By the chain had been pared to just the New York Inthose days, the stores were large, some aroun 15,000 square feet, but never generated the desirefd sales, said retail analyst Jennifer Black, presidenrt of Lake Oswego, Ore.-based . The Eastomn store was opened in 2004, and Limitedc Brands hired Bucciarelli away from fashion housein 2005. The remodeled Easton store was almost doubleed in sizeto 3,000 squar feet. The store sells small leather goods, personal care jewelry and three offerings Bucciarelli said the storee hasexpanded – accessories, home fragrances and “They’re trying to evolve who they shouldr be and what they should Black said.
“When (Bucciarelli) was at he did an incredible jobwith It’s just about getting the righty assortment.” The new iteration will be smallee than both the old shops and the New York flagshi p store, which includes a salon and café. The retailer’sz roots are in New but the Manhattanstore isn’t houseds in its original location. Henri Bendel openefd in 1895 and lays claim to outfitting prominent NewYork families, such as the Astors and and bringing Coco Chanel’s clothint and perfumes to the U.S., according to Limitee Brands. The store was family-owned until the Limited Brands acquired the business from Geraldine Stutz andother investors.
Stutz ran Henri Bendel from 1957 to 1986 and was creditedc in the industry as the drivingg force behindthe store’s fashion resurgences in the ’60s. Blaci thinks Limited Brands has held onto Henrki Bendel for more than two decades because of itsrich “The name alone is worth something,” she “I still think it could be very There still is a mystiqu about it.”
Columbus-based , which acquired the boutique in 1985 when it operatedcsix shops, has seen the store coung expand and contract many timesw in the past 23 years. It’s abou t to go up again. The company thinks the time is righrt for anotherexpansion attempt. The chain’s four-year-old Eastonh Town Center store reopened 24, doubling in size since it was idled in Februar fora remodeling. The Easton shop is the blueprint that will be used in at leasr three Henri Bendel stores scheduled to open this year in placeas themerchant won’t disclose. Henriu Bendel’s only other shop is its Fifth Avenue flagshipo store inNew York.
“Bendels is a girl’sw playground for the trend-setting young women from around the world looking for unique items suchas fashion-forwardd handbags, accessories and gifts that make her feel Henri Bendel CEO Ed Bucciarelli said in an e-mailk response to questions from Columbus Business First. Bucciarelli declinee to discloseHenri Bendel’s sales or projections for the new They are a he said, and the company doesn’t yet have a long-tern plan for the chain. Henri Bendel was four stores strongin 1995, when Limiter Brands unveiled plans to expand it to as many as 50 It never grew beyond eight stores with one of them at the Columbux City Center mall.
By the chain had been pared to just the New York Inthose days, the stores were large, some aroun 15,000 square feet, but never generated the desirefd sales, said retail analyst Jennifer Black, presidenrt of Lake Oswego, Ore.-based . The Eastomn store was opened in 2004, and Limitedc Brands hired Bucciarelli away from fashion housein 2005. The remodeled Easton store was almost doubleed in sizeto 3,000 squar feet. The store sells small leather goods, personal care jewelry and three offerings Bucciarelli said the storee hasexpanded – accessories, home fragrances and “They’re trying to evolve who they shouldr be and what they should Black said.
“When (Bucciarelli) was at he did an incredible jobwith It’s just about getting the righty assortment.” The new iteration will be smallee than both the old shops and the New York flagshi p store, which includes a salon and café. The retailer’sz roots are in New but the Manhattanstore isn’t houseds in its original location. Henri Bendel openefd in 1895 and lays claim to outfitting prominent NewYork families, such as the Astors and and bringing Coco Chanel’s clothint and perfumes to the U.S., according to Limitee Brands. The store was family-owned until the Limited Brands acquired the business from Geraldine Stutz andother investors.
Stutz ran Henri Bendel from 1957 to 1986 and was creditedc in the industry as the drivingg force behindthe store’s fashion resurgences in the ’60s. Blaci thinks Limited Brands has held onto Henrki Bendel for more than two decades because of itsrich “The name alone is worth something,” she “I still think it could be very There still is a mystiqu about it.”
Monday, November 1, 2010
'Up' avoids 'Hangover' at box office - Los Angeles Business from bizjournals:
http://bostonprogressivetalk.net/page/Camping-With-or-Without-a-Remote-Control-in-the-Gr.html
"Up" brought in an estimated $44,244,000 in its seconde weekend, beating out the new release from , whichh brought in an estimated $43,275,000. Anothee new release, 's "Land of the came in well in thirdf with anestimated $19,524,000. Accordingb to a report on Box Office whichtracks box-office revenue, "Up" was shown on about 6,7009 screens at 3,818 sites and "The Hangover" was shown on aboutf 4,500 screens at 3,269 sites. Cominv in fourth was last week's number-two "Night at the Museum: Battle of the Smithsonian" from , which brought in an estimated $14,650,000.
Roundingt out the top five is 'sx "Star Trek," which brought in an esimatec $8,400,000. The report says that "Star has brought in $222.8 million in 31 making it the second-biggest box office smash in the "Star franchise, when adjusted for ticket price The top spot belongs to theoriginal "Statr Trek: The Motion Picture."
"Up" brought in an estimated $44,244,000 in its seconde weekend, beating out the new release from , whichh brought in an estimated $43,275,000. Anothee new release, 's "Land of the came in well in thirdf with anestimated $19,524,000. Accordingb to a report on Box Office whichtracks box-office revenue, "Up" was shown on about 6,7009 screens at 3,818 sites and "The Hangover" was shown on aboutf 4,500 screens at 3,269 sites. Cominv in fourth was last week's number-two "Night at the Museum: Battle of the Smithsonian" from , which brought in an estimated $14,650,000.
Roundingt out the top five is 'sx "Star Trek," which brought in an esimatec $8,400,000. The report says that "Star has brought in $222.8 million in 31 making it the second-biggest box office smash in the "Star franchise, when adjusted for ticket price The top spot belongs to theoriginal "Statr Trek: The Motion Picture."
Subscribe to:
Posts (Atom)