Sunday, January 29, 2012

SAHA to spend $14.5 million on local housing project upgrades - Minneapolis / St. Paul Business Journal:

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million in federal stimulus funds to repair and upgrade a number of public housing Out of 349 housing authorities in Texa s that received money from the Americab Recovery andReinvestment Act, San Antonio Housingv Authority, or SAHA, received the largesyt amount. SAHA is required to use the money for capitalo improvements and all the funds must be spent withinthree years. “These funds will alloa us to make much-needed repairs to our publidc housing properties and improve the safety and qualitu of life forour residents,” SAHA President and CEO Lourdes Castrl Ramirez says.
Among the properties slated for major upgradea is the LewisChatham Apartments, a 119-unig apartment complex for seniors on the city’ds South Side. Lewis Chathajm also will undergo anextensive modernization. In addition, stimulusz funds will be used to upgrad ethe security, elevators and fire safety at nearlhy 20 elderly communities. Other projectx will involve replacing fencing, windows, cabinets, and heating, ventilation and air conditionintg systems. SAHA Board Chairman Ramiro Cavazozs says the agency will encouragd the participation of smalland minority-owned businesses.
“We will also give additionapl weight to contractors that commitr to actively recruiting employees from the neighborhoods in and around wherr this work will he says. SAHA will issue requests for proposalzs to perform engineering and architectural servicezs relatedto stimulus-approved projects. Web site: www.saha.org

Friday, January 27, 2012

Kannapolis honored for economic strategy - Silicon Valley / San Jose Business Journal:

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The city received the award in the categorg of Excellence in EconomicxDiversification Strategies, which recognizes responses to plant closurews and other economic dislocations, that promote economic diversification. The competition is open to nonprofits; local, stat and regional governments; and universities and Cabarrus and Rowan countieslost 4,30 manufacturing jobs when textile manufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two yearss later, California billionaire David Murdoclk announced plans forthe N.C. Research Campus at the 350-acred former Pillowtex headquarters andmanufacturing site.
The life-sciencesa hub includes the participation ofDuke University, the UNC System, the N.C. Communitty College System, other educational institutions andbusinesz partners. The total investment is expected toreacyh $1.8 billion. Residential and commercial developmentes are rising around the campuz with hopes ofturning Kannapolis, a former textil e town, into a biotech center.

Wednesday, January 25, 2012

Photographer Annie Leibovitz says project that became Smithsonian exhibit ... - Washington Post

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Photographer Annie Leibovitz says project that became Smithsonian exhibit ...

Washington Post


WASHINGTON â€" Photographer Annie Leibovitz says she has come back from some dark days and revived her creativity with a new project now on view at the Smithsonian American Art Museum that marks a departure from he r popular celebrity portraits.


Annie Leibovitz opens new art show at Smithsonian

Atlanta Journal Constitution


Annie Leibovitz Finds Inspiration for New Smithsonian Exhibit

Tripped Media



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Sunday, January 22, 2012

Mattos-led company wins $26M foreclosure judgment - South Florida Business Journal:

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million foreclosure judgment on an oceanfronrt site in Sunny Isles Sunny IslesDevelopment Co., an affiliate of Boca Raton-basedd Royal Palm Homes, once had planws for a 47-story condo with 232 units callex Paramount Beach on the 2.2 acres at 16901 Collins Ave. lender iStar FM Loans sued the developet last year claiming it stopped payingt the mortgage on the vacant In February, iStar sold the delinquent mortgag e to Sunny Isles Properth Holdings, which is manageed by Mattos. After winning the $26.
2 millionh judgment on Tuesday, company will have the insided track at taking the property at the public sale on 4 inthe Miami-Dade County Mattos has been very activse in Miami real estate recently. On , a companyy affiliated with Mattos paidabout $6 millionn for 31 units at 1060 Brickell Ave. in Miami. A companyy affiliated with hisbusiness , recently paid $5.7 million for 21 units at Marins Blue in Miami. The presidenyt of Hyundai Colombia Automotriz and a former member of theColombiam Senate, Carlos Mattos was honored with the Inter-American Economivc Council’s Excellence in Leadership Award in February.

Friday, January 20, 2012

Charter sets salary, bonus for restructuring chief - St. Louis Business Journal:

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Doody, 44, will earn a base salaryu of $60,000 a month, or $720,000 a but Charter hopes it emerges from Chapter 11 bankruptctybefore then. The company hopes it emergew from bankruptcy in six monthzs orby September. Charter also plans to give Doodya $1.5 millio “emergence bonus” reduced by the sum of the base salarty paid to Doody during his term of employment, the amoun t of monthly fees paid to consultants and the $75,000 retainer paid to Dumaine. As part of the Charter CEO Neil Smit may nix the bonus at any Doody previously ledsuccessful in-court and out-of-courty restructurings, including at , a San Jose, Calif.
-based energy and , one of the nation'ws largest providers of outpatient surgery, diagnostiv imaging and rehabilitative services. HealthSouth president and CEO Jay Grinnehy credited Doody with helping the company redirect its focusw in the wake ofa multibillion-dollar corporatde accounting fraud perpetrated under prior management. Charter Doodh as an adviser and officially named him chiedrestructuring officer

Wednesday, January 18, 2012

Fortune 500 Asbury Automotive Group rolling HQ to Atlanta - Atlanta Business Chronicle:

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in September in a cost-cutting move that includes cutting 20 percent ofits workforce. Asbury (NYSE: ABG), an automotivr retail and service company now based inNew York, said it hopea to complete the move by March 2009. The company’ s employees will be housed in NalleyAutomotivd Group’s headquarters at 2905 Premiere Parkway. Asbury will brinv with it 70 jobs, paying on average at least $100,000, Nick vice president of economic developmenf withthe . "That'sd a tremendous amount of wealty coming toGwinnett County," Masino said. Asbury has 13 dealerships in metro Atlanta.
"It is no secrett that these are challenging times for auto and the opportunity to reduce costs was one reason we decided tomove Asbury's corporate headquarters to the Atlanta area," said Charles R. Oglesby, president and CEO, in a "However, this move will also enhancee our long-term growth prospects by bringing us closedr to our regional and dealershilmanagement teams." Asbury on Wednesday reported its second-quartet profit fell 47 percent to $10.9 or 34 cents a share, as its revenued fell 11 percent to $1.
32 "The economic environment and low consumer confidencse levels in the second quartedr presented a challenging backdrop for the automotive retail Oglesby said. “Soft retail salees in our key Florida markets, in resulted in a disproportionate decline inour profitability. The dramatifc increase in gas prices added furthere complexity tothe business, causing a rapid shift in customerd preference toward fuel-efficient cars, which placeed pressure on our new and used vehicle operations.
"

Monday, January 16, 2012

'Woody Woodpecker' Review - It's 'Tiny Wings', with Woody Woodpecker - Touch Arcade

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Touch Arcade


'Woody Woodpecker' Review - It's 'Tiny Wings', with Woody Woodpecker

Touch Arcade


Woody Woodpecker [99¢] is basic »