Monday, April 30, 2012
Ky. video-gaming bill dies in Senate committee - Boston Business Journal:
The Senate Appropriations Revenue Committee, on Mondaty evening, voted 10-5 against the measure, with two membersa abstaining, according to the Lexingtojn Herald-Leader. The House had previously passed the The legislation would havepermitted video-lottery terminals at Kentucky hors tracks, including Turfway Park in Florence. "The limited gaming proposal was designed to help save a signaturwe industry inperil – an industry that means 100,000 jobs and $4 billioj in investment for our state," said Gov. Stevwe Beshear in a Monday eveningg statement. "It is unfortunate that everyy voice on this critically important issue was not heard and everhy votenot counted.
" At a Frankfor press conference, Turfway Park President Bob Elliston said Turfwa could close by 2010 if Ohio passes gaming legislation and Kentucky does not. Ohio Gov. Ted Stricklans recently reversed his stance against gamblingyat racetracks.
Sunday, April 29, 2012
St. Louis-area woman wins $5.8 million in 'Girls Gone Wild' case; DVD makers ... - Washington Post
St. Louis-area woman wins $5.8 million in 'Girls Gone Wild' case; DVD makers ... Washington Post LOUIS â" The company that makes âGirls Gone Wildâ DVDs is seeking to overturn a verdict awarding nearly $6 million to a St. Louis-area woman who claims her bare breasts were recorded without permission. St. Louis Circuit Judge John Garvey last month ... |
Friday, April 27, 2012
Dayton employment to remain sluggish into third quarter - Dayton Business Journal:
Tom Traynor, an economicxs professor at Wright State and authorf ofthe report, said unemployment increases will continue at theif accelerated pace into the third quarter of this year. The Dayton Metropolitan Statistical Area, which includes Greene, Miami and Preble counties, is projecte to lose 6,000 to 7,000 jobs in the thirdr quarter. That would drop employment to 373,900, down from 380,400 in the first quarter of the year, a 2 percent The hardest-hit area is one the Dayton area has longreliedr on, manufacturing. “Manufacturing employment will fall substantially,” Traynor said.
Forecast s from the report show employment in the sectoer fallingfrom 42,300 in the first quarteer of this year to 36,100 by the thirds quarter, a nearly 15 percen drop. Durable goods manufacturing will be hit in Traynor said. “People aren’t spending. They are waitinfg to buy a new car or thatnew appliance,” he Retail and service employment are also expected to Retail employment is expected to drop to 39,109 by the third quarter, down from 40,000o in the first quarter, a 2 percent Service employment, which includes financial service, business service, utilities and leisure service, is projected to decreas to 324,200 by the third quarter, down from 326,700 in the firsrt quarter, a nearly 1 percent “The next year to year and a half will be an unpleasanrt time for the region,” Traynor said.
Construction employmenty is expected to rise as a part ofseasonak employment, to 13,400 from 11,400 in the firsty quarter, but that is 1,000 jobs fewer than the same time periodr last year. One area of employmeny that isn’t expected to be hit hard is healthy care. In fact, Traynor said he expectz health care to add some jobs by thethirc quarter, going up to 56,500 from 56,300 in the firsy quarter. He said the rate of decline in gross domestic productgwill slow, but remain negative through the third quarter and mayb into the fourth quartere of this year.
Even when GDP does becomer positive again, it will take some time for employmenft to pick up because it is a lagging indicator ofeconomidc recovery. Traynor said there is a great deal of uncertaintyt still on the national as businesses try to determine the impacgt ofgovernment actions. Traynor said the problem of high unemployment is not goin awayanytime soon. “This is somethingv we’re going to be living with for quitsa while, well into next year,” he
Wednesday, April 25, 2012
Syfy Adapting Stephen King's 'The Eyes of the Dragon;' 'The Adjustment Bureau ... - /FILM (blog)
Dread Central | Syfy Adapting Stephen King's 'The Eyes of the Dragon;' 'The Adjustment Bureau ... /FILM (blog) There are more Stephen King film and TV adaptations than most people could count â" only the most die-hard fan or serious film and TV trainspotter would be likely to remember them » |
Monday, April 23, 2012
Business groups slam proposed tax increases - Portland Business Journal:
The said it opposes changes to the corporateeminimum tax, a new corporate income tax and a new personap income tax. The alliance consists of 30 businese groups that represent morethan 25,000 Oregon businessez and employ 500,000 residents. Raising the taxezs could cause the state tolose 6,00 0 jobs, according to state revenue office “These proposals ignore the starkl realities of our current recession,” the group said in a news release sent by J.L. Wilson, a lobbyist with Associateds Oregon Industries. “They are counterproductive measures that kill jobs and prolongyour recession.
” The corporate minimum tax and corporates income tax proposals would collectively harm companies with smalo profit margins as well as businesses looking to invest more in capital the group said. The alliance called on lawmakers to instead focudson private-sector job retention and “We believe strongly that increased taxess are detrimental to job growth,” Wilson said in the news “An increased tax burden will hurt the ability of our memberws to create desperately needed jobs. It is the wronb approach to balancethe state’s budget.
” Otherf groups signing the letter includw Associated Oregon Loggers, Independent Community Banks of the Northwest Food Processors Association, Oregon Association of Realtors, the Oregon Automobild Dealers Association, the Oregon Bankersd Association, the Oregon Home Builders Association, the Oregonm Restaurant Association and the Oregon Trucking Oregon’s House and Senate members hope to adjourbn by July 1. Lawmakers must address a $4.
2 billion budge t shortfall before they adjourn or in a series of speciaol sessions throughout the rest ofthe
Saturday, April 21, 2012
PDL BioPharma's outside directors get $10K per month boost - San Francisco Business Times:
The Redwood City-based biotech (NASDAQ: said the move was necessary giventhe board's "increasedx workload." The company is lookingb to sell its antibodty humanization royalty assets, distribute to stockholders a portion of the proceedx and spin off the company'a biotech-related assets into a separate publicly traded entit y funded with $375 million cash. PDL has been withoutt a permanent CEO since Mark McDade left at the end of last Interim CEO and former boardchairman L. Patrick Gage quit in May over a disagreement oncompany strategy, and his successor as Karen Dawes, resigned at the same time for persona reasons.
Since Gage's departure, PDL has been run by a three-member Officse of the Chair ofthe Board: Laurencd Korn, Joseph Klein III and Brad Goodwin. It wasn'y clear from a company filingv Thursday withthe U.S. Securities and Exchangr Commission if the trio is considered outside directors. The retainer is retroactive to May 29 and ends upon eithedr the spinoff ofthe company's biotechnology-relatedc assets, the payment date of a distributio n of royalty income or Dec. 31. It is for each full or partia month of service on the board and is in additio to the cash compensation previously paid to eachoutsidee director, the company said.
The only directorf who is a PDL employeew isRichard Murray, who is executivre vice president and chief scientific Korn is one of PDL'xs cofounders and has been on the boardc since 1986. Klein is managing director of LLC, a financiakl consulting and investment advisory firm focus on thebiotech industry, and has been on the boared since last summer. Goodwin is cofounder and executiv chairof Asplendent, a private biotech company, and has been on the board since 2006.
The other director, Jon Saxe was elected to the boarx in 1989 and is a consultant who serves on the boards of severabiotech companies, including of PDL's outside directors last year received $818,142 in fees earner or paid in cash in additio n to option awards worth more than $1.6 million. Each board membefr who is not a PDL employee already receives a retainerof $35,000 per year. Each outsidre director on a board committeereceives $6,000 per though outside director members of the audir committee receive $12,000.
Additionally, each outside directof who leads a committeereceives $10,000 per except for the chairman of the audir committee, who receives $24,000, and the chairma n of the compensation who receives $12,000. Each outside director also receivesd cash compensation for attendanceat meetings: $2,0009 for board meetings and $1,000 for committee meetings, if attendingb in person, or $1,50 0 for board meetings and $750 for committee meetings attended by telephone. Boarf members also are reimbursed for travel expenses for boarde andcommittee meetings, and the travel expensea of board members' spouses typically have been reimbursedx by the company for an annuaol multi-day, off-site meeting.
Those reimbursements, since they are reportex as income tothe directors, are paid as a tax gross-uop to make them effectively tax neutral to the Each outside director receives options to buy 40,00 0 shares of common stock upon their election or appointmeny to the board and annual grantas of options to buy 20,000 shares. PDL $61. million on revenue of $57.3 million in the firsr quarter endedMarch 31.
Nearlt $50 million in revenue came from royalties paid by the like of for its cancerdrug
Friday, April 20, 2012
Effects of stimulation site and stimulation parameters on bladder inhibition ... - UroToday
Effects of stimulation site and stimulation parameters on bladder inhibition ... UroToday Electrical stimulation of the dorsal nerve of the penis, the compound pudendal nerve and the S1 sacral nerve have been used clinically to treat the symptoms of overactive bladder, but the relative efficacy of the three locations was unclear and the ... |
