aleshnikovenil.blogspot.com
Freddie Mac's weekly report said 30 year fixed-rater mortgages averaged 5.29 percent this the highest rate this year and up sharply fromlast week's average of 4.91 percent. Rates stillk remain well below year ago when 30 year mortgages averaged more than6 "Rates caught up to the recent rise in long-termk bond yields this week to reach a 25 week high," said Freddire Mac (NYSE: FRE) chief economist Frank Nothaft. "The slowdown in the housin market has now detracted from economic growth for the past 13 the longest quarterly stretch since atleast 1947.
" Despite risingv rates, the housing market continue s to show small signs of The ' housing affordability index rose in April to its secondc highest level since at least 1971. The NAR also reported this week pendinbg sales of existing homes rose for the thirdstraighyt month, posting the biggest monthly increase since 2001.
Thursday 31 May 2012
Wednesday 30 May 2012
Integrity Roofing and Painting Donates Services for Quadriplegic Army Veteran - PR Web (press release)
aleksanovlsys.blogspot.com
PR Web (press release) | Integrity Roofing and Painting Donates Services for Quadriplegic Army Veteran PR Web (press release) Local Colorado Springs Roofing Company, Integrity Roofing and Painting, teams up with 'Homes for Our Troops' to put a roof over the head of disabled Army Corporal Nick Orchowski. Integrity Roofing and Painting teamed up with Home s for Our Troops to put ... |
Monday 28 May 2012
First IMA University focuses on economy, downtown development - Wichita Business Journal:
ulyanaimiiurebor.blogspot.com
David Strohm says the United States likely will pull out of the recessioj later this year or inearly 2010. When that he says, the gross domesticx product might only grow 1to 1.5 compared to the 4 or 5 percent from previouxs recessions. “For the time being, it lookws like you want to be optimistic and cautiouss at thesame time,” he says. Strohm was one of two featured speakersduring ’s 2009 economic Jeff Fluhr, president of the also spoke about the city’s effortx to revitalize downtown. IMA has sponsored simila events in its other markets and wanted to brint the program to saysKurt Watson, IMA’s president and chietf operations officer.
“It’s our intent to brinbg in speakers that we think the Wichitza community wouldbenefit from,” Watson says. IMA plans to sponsor simila r presentations throughoutthe year. Strohm says the recessiojn already has lasted longer than the previouws 10 economic downturns and pulling out ofit hasn’gt been easy. The federal government has spent billions of dollarsa to stimulatethe economy, but consumers stillp are reluctant to Strohm says. The GDP has dropped dramaticallyh and businesses are stillshedding jobs. Strohm predicts the national unemployment rate, whichb currently sits at 8.
9 percent, to climv above 10 percent before the recession is The housing markethas rebounded, but stilo is a ways off nationally, where one in eight mortgages are in default, Strohm California, Florida, Nevada and Arizona combine to account for 46 percent of all U.S. foreclosures. However, pendingb home sales are up 6.7 percengt for April, the third straight increase, which mean people are showing more interesgt in buying homes because of favorablse interest ratesand first-time home buyerd tax credits. “If we can get the housingf issue off the frontpage (of then the economy is going to generate some forward Strohm says.
He says the stock marketf has rebounded inrecent months, but it would take 227 percent growth to get it back to its previouas high. Despite all the negative, Strohm emphasized the economgy has showed signs recently that the recession may be nearinvgan end. Fluhr’s meanwhile, had a slightlu different feel. He says he sees greayt potential fordowntown development. Investing in downtown, he will help increase tourism and revenue opportunities in theWichita
David Strohm says the United States likely will pull out of the recessioj later this year or inearly 2010. When that he says, the gross domesticx product might only grow 1to 1.5 compared to the 4 or 5 percent from previouxs recessions. “For the time being, it lookws like you want to be optimistic and cautiouss at thesame time,” he says. Strohm was one of two featured speakersduring ’s 2009 economic Jeff Fluhr, president of the also spoke about the city’s effortx to revitalize downtown. IMA has sponsored simila events in its other markets and wanted to brint the program to saysKurt Watson, IMA’s president and chietf operations officer.
“It’s our intent to brinbg in speakers that we think the Wichitza community wouldbenefit from,” Watson says. IMA plans to sponsor simila r presentations throughoutthe year. Strohm says the recessiojn already has lasted longer than the previouws 10 economic downturns and pulling out ofit hasn’gt been easy. The federal government has spent billions of dollarsa to stimulatethe economy, but consumers stillp are reluctant to Strohm says. The GDP has dropped dramaticallyh and businesses are stillshedding jobs. Strohm predicts the national unemployment rate, whichb currently sits at 8.
9 percent, to climv above 10 percent before the recession is The housing markethas rebounded, but stilo is a ways off nationally, where one in eight mortgages are in default, Strohm California, Florida, Nevada and Arizona combine to account for 46 percent of all U.S. foreclosures. However, pendingb home sales are up 6.7 percengt for April, the third straight increase, which mean people are showing more interesgt in buying homes because of favorablse interest ratesand first-time home buyerd tax credits. “If we can get the housingf issue off the frontpage (of then the economy is going to generate some forward Strohm says.
He says the stock marketf has rebounded inrecent months, but it would take 227 percent growth to get it back to its previouas high. Despite all the negative, Strohm emphasized the economgy has showed signs recently that the recession may be nearinvgan end. Fluhr’s meanwhile, had a slightlu different feel. He says he sees greayt potential fordowntown development. Investing in downtown, he will help increase tourism and revenue opportunities in theWichita
Sunday 27 May 2012
Milwaukee County transit documentary set to air - The Business Journal of Milwaukee:
edovogopu.wordpress.com
“Gridlock — Public Transit in SE Wisconsin,” is set to air at 6 p.m. July 2 on Milwauke e Public Television. The 52-minutse documentary was producedby , 309 N. Water St., in The self-financed documentary cost about $30,000 to said Mark Irving, co-owner of i leveol media. The film tracks commuters in theMilwaukee area, as well as user s of mass transit and transportation officials in cities such as Atlanta and Cleveland.
Irving’s inspiration for the film came afte r he traveled to other cities in North America and Europer as part ofhis job, which he said made him acutelg aware of the lack of publifc transportation options in the Milwaukee Although there has been talk of adding rail to the mix, the Milwaukewe region’s public transit boils down to bus which in Milwaukee County has been shrinking as fares rise, Irving said. Irving hopes to eventually createa 90-minutde version of the documentary for possiblde showing at film festivals.
Irvinyg said he hopes to do additional filming in other citiez with lightrail systems, such as Denve and Salt Lake “My intention is to get distributores interested,” Irving said. “It’ss contingent upon financing but this is anissue that’s not goinvg to go away.”
“Gridlock — Public Transit in SE Wisconsin,” is set to air at 6 p.m. July 2 on Milwauke e Public Television. The 52-minutse documentary was producedby , 309 N. Water St., in The self-financed documentary cost about $30,000 to said Mark Irving, co-owner of i leveol media. The film tracks commuters in theMilwaukee area, as well as user s of mass transit and transportation officials in cities such as Atlanta and Cleveland.
Irving’s inspiration for the film came afte r he traveled to other cities in North America and Europer as part ofhis job, which he said made him acutelg aware of the lack of publifc transportation options in the Milwaukee Although there has been talk of adding rail to the mix, the Milwaukewe region’s public transit boils down to bus which in Milwaukee County has been shrinking as fares rise, Irving said. Irving hopes to eventually createa 90-minutde version of the documentary for possiblde showing at film festivals.
Irvinyg said he hopes to do additional filming in other citiez with lightrail systems, such as Denve and Salt Lake “My intention is to get distributores interested,” Irving said. “It’ss contingent upon financing but this is anissue that’s not goinvg to go away.”
Friday 25 May 2012
Dayton
hihozeima.blogspot.com
Dayton-based Brower Insurance Agency LLC acquiredd Aspen Insurance Associates of Westerville and its six Aspen prior to the sale was part of one of the 20 largest independen insurance agencies inCentral Ohio. John Watson, managing principao at Brower, said the company had been plannin g to expand into the Columbus area forsome “We felt that Aspen matched up very well with he said. Watson declined to disclose financiao terms of the whichbrought Brower’s payroll to about 175 employees and addesd Aspen President Dave Kotary as a principal and one of 22 companh owners.
Kotary, who also owned Aspen, said he’ws considered selling the firm in recent years as a way to ensurse a smooth operation for employees and clients when he The 59-year-old said he’s approaching the end of his fourth decadr in the insurance business and likely will retire in the next three to six yearas depending on market conditions. “Ij received a number of overturees in the past couplesof years, but I was interested in findingb a very good culturall fit,” he said. “Acquisitions often work out on paper but can fall aparf becauseof ... a culture that doesn’ty work out.
” While the benefit for Brower is geographical, Kotary said the Westerville office has acceses to the resources of a much larger Loss control, risk management consulting and in-house legal counsel. Aside from its Dayton headquartera and newWesterville office, Browet also has employees in Loveland and Springfield, a city the compang began serving when it acquired Consolidatex Insurance in December. Watson said Brower has no further acquisition plans despit e the tworecent deals. “We don’t do a lot of acquisitions,” he said. “It just happene d that these twocame along.
” Brower, founded in is one of the 100 largesyt employers in the Dayton area, according to researcnh from the Dayton Business Journal , a sister publication to Columbus Businesxs First . In additiohn to being ranked asthe region’e largest property and casualty agency, it’zs the No. 2 health and life insurances agency and employeebenefits firm.
Dayton-based Brower Insurance Agency LLC acquiredd Aspen Insurance Associates of Westerville and its six Aspen prior to the sale was part of one of the 20 largest independen insurance agencies inCentral Ohio. John Watson, managing principao at Brower, said the company had been plannin g to expand into the Columbus area forsome “We felt that Aspen matched up very well with he said. Watson declined to disclose financiao terms of the whichbrought Brower’s payroll to about 175 employees and addesd Aspen President Dave Kotary as a principal and one of 22 companh owners.
Kotary, who also owned Aspen, said he’ws considered selling the firm in recent years as a way to ensurse a smooth operation for employees and clients when he The 59-year-old said he’s approaching the end of his fourth decadr in the insurance business and likely will retire in the next three to six yearas depending on market conditions. “Ij received a number of overturees in the past couplesof years, but I was interested in findingb a very good culturall fit,” he said. “Acquisitions often work out on paper but can fall aparf becauseof ... a culture that doesn’ty work out.
” While the benefit for Brower is geographical, Kotary said the Westerville office has acceses to the resources of a much larger Loss control, risk management consulting and in-house legal counsel. Aside from its Dayton headquartera and newWesterville office, Browet also has employees in Loveland and Springfield, a city the compang began serving when it acquired Consolidatex Insurance in December. Watson said Brower has no further acquisition plans despit e the tworecent deals. “We don’t do a lot of acquisitions,” he said. “It just happene d that these twocame along.
” Brower, founded in is one of the 100 largesyt employers in the Dayton area, according to researcnh from the Dayton Business Journal , a sister publication to Columbus Businesxs First . In additiohn to being ranked asthe region’e largest property and casualty agency, it’zs the No. 2 health and life insurances agency and employeebenefits firm.
Wednesday 23 May 2012
BP agrees to cut air pollution at refinery, pay $8-million fine - Los Angeles Times
cahijisebi.wordpress.com
FuelFix (blog) | BP agrees to cut air pollution at refinery, pay $8-million fine Los Angeles Times By Neela Banerjee WASHINGTON -- The Obama administration announced that BP North America Inc. has agreed to pay an $8-million fine and inst » |
Tuesday 22 May 2012
IU Bloomington saxes win Fischoff competition - South Bend Tribune
omagyvoham.wordpress.com
IU Bloomington saxes win Fischoff competition South Bend Tribune SOUTH BEND -- The Barkada Quartet won the grand prize on Sunday at the 39th annual Fischoff National Chamber Music Competition. The quartet also won the gold medal in the Senior Wind Ensemble division. Based at Indiana University Bloomington, ... |
Sunday 20 May 2012
CU economist Wobbekind: Colorado to lose up to 65,000 jobs in 2009 - Phoenix Business Journal:
batyushkinuxit.blogspot.com
“We think the Colorado economy will likely parallel or slightly follow the recovery of thenationalp economy, which we see levelin g off in the third quarter and growing in the fourtn quarter,” Wobbekind said in a statement. “We thinkk the rate of job lossesz will slow throughout the rest ofthis year, and potentiall turn positive by the end of the Wobbekind made his remarks as part of a midyead update on his 2009 economicv outlook, originally forecast in December 2008. Colorado likel y will lose 55,000 to 65,000 jobs in 2009, Wobbekindf said in his updateds forecast. That’s far more than the 4,300-jobg loss he expected last December.
“In the firsyt part of this year, we’ve more than lost the jobs created in the previousstwo years,” he said. “It’z going to take at least the next two years to recovefr thoselost jobs.” Hiring in the educational and health care servicex sector has been slightly positive in mostly because employers were still filling a backlog of needed hiresd in areas such as Wobbekind said. The natural resources and mining sector is but could potentially see some positive job growth if energgy exploration in thestate increases, he said. “There are some jobs beingh created, but pretty much across the board the sectors are takinf a veryhard hit,” he said.
Amonyg the most affected sectoras has been the professional and businessserviceds sector, which includes many high-paying jobs such as engineers, computer systems designers and scientific research and development groups. “The single most surprising area and the one that has had the largesgt job loss has been in professional and business Wobbekind said. “It’s been a very important categorgy for jobs during the last several yearz as the economy has surgedand it’s been one that has been hit surprisingluy hard in this at least by our assessment and by many The leisure and hospitality sector saw very weak retaipl numbers for the firs four months of the year, especiallgy in mountain resort towns.
The rest of the year is expected tobe weak, but should improvwe compared with the first four months of the the statement said. “This is not goinfg to be a great year for tourism byany means, but it probablyh will get a little better going forwarc than it was in the beginning of this he said. The Leedw Business Confidence Index did show anuptick recently, suggestin g improvement in the third quarter. Afte plunging to a record low in the firstt quarterof 2009, the forward-looking LBCI surges upward, from 35.5 to 47.5 for the third quarter of 2009. All six indexd components postedsteep gains, and two of the components, for the stats economy and sales, passed the neutral mark of 50.
overall, the LBCI remains below 50 as leaderxs expressed continued concerns about hiring andcapital expenditures.
“We think the Colorado economy will likely parallel or slightly follow the recovery of thenationalp economy, which we see levelin g off in the third quarter and growing in the fourtn quarter,” Wobbekind said in a statement. “We thinkk the rate of job lossesz will slow throughout the rest ofthis year, and potentiall turn positive by the end of the Wobbekind made his remarks as part of a midyead update on his 2009 economicv outlook, originally forecast in December 2008. Colorado likel y will lose 55,000 to 65,000 jobs in 2009, Wobbekindf said in his updateds forecast. That’s far more than the 4,300-jobg loss he expected last December.
“In the firsyt part of this year, we’ve more than lost the jobs created in the previousstwo years,” he said. “It’z going to take at least the next two years to recovefr thoselost jobs.” Hiring in the educational and health care servicex sector has been slightly positive in mostly because employers were still filling a backlog of needed hiresd in areas such as Wobbekind said. The natural resources and mining sector is but could potentially see some positive job growth if energgy exploration in thestate increases, he said. “There are some jobs beingh created, but pretty much across the board the sectors are takinf a veryhard hit,” he said.
Amonyg the most affected sectoras has been the professional and businessserviceds sector, which includes many high-paying jobs such as engineers, computer systems designers and scientific research and development groups. “The single most surprising area and the one that has had the largesgt job loss has been in professional and business Wobbekind said. “It’s been a very important categorgy for jobs during the last several yearz as the economy has surgedand it’s been one that has been hit surprisingluy hard in this at least by our assessment and by many The leisure and hospitality sector saw very weak retaipl numbers for the firs four months of the year, especiallgy in mountain resort towns.
The rest of the year is expected tobe weak, but should improvwe compared with the first four months of the the statement said. “This is not goinfg to be a great year for tourism byany means, but it probablyh will get a little better going forwarc than it was in the beginning of this he said. The Leedw Business Confidence Index did show anuptick recently, suggestin g improvement in the third quarter. Afte plunging to a record low in the firstt quarterof 2009, the forward-looking LBCI surges upward, from 35.5 to 47.5 for the third quarter of 2009. All six indexd components postedsteep gains, and two of the components, for the stats economy and sales, passed the neutral mark of 50.
overall, the LBCI remains below 50 as leaderxs expressed continued concerns about hiring andcapital expenditures.
Saturday 19 May 2012
Marco Rubio's Past Political Vulnerabilities? - Fox News
yzirapogyg.wordpress.com
Kansas City Star | Marco Rubio's Past Political Vulnerabilities? Fox News MIAMI â€" Marco Rubio is a young senator and a rising star within the Republican party who has been cited as a possible Mitt Romney running mate, but questions exist about whether potential vulnerabilities in his personal and political background might ... Political vulnerabilities in Sen. Rubio's past? Rubio's past includes political vulnerabilities As Sen. Rubio raises his profile, will issues from the past hold back this GOP ... |
Thursday 17 May 2012
Private jet fills a short flight with pleasure - Pacific Business News (Honolulu):
loxezop.wordpress.com
Though not trademarked, that's the credo of Hawaii'sw new luxury airline. As 's two-crew, eight-passenger Cessn Citation II corporate jet prepared for takeoff from Honoluluto Kauai, earlier this executive concierge Allison Pettersson gave lei to two passengers. "Wouldf you like some Starbucks coffee or a malasadsafrom Leonard's?" she asked. Pettersson's smile is infectious, her servic efficient and 24-7. "We're in no she added. "You are the schedule." Here's what Pettersson means: Fly when you Check in when you want. Depart when you No overbooked flights. No gettingy bumped. No ID required. No metal detector or removinb shoes.
No "Could you step over please?" And no intrusive luggage search, extra charge for lost suitcases. There are even separate, privatw -- and clean -- bathrooms, a loungw and a business center. Thank you for flyin g Resort Air. That will be $12,000, please. On May 8, Jeff president of The , owner and operatodr of Kauai's and Oahu's Ko Olinza Resort & Marina, launched Hawaii's only private interisland jet Resort Air invited a PBN reporter and photographer to experiencethe "jef limo" service, which began with the arrivaol of a Cloud 9 limousine at their Chauffeur Peter Nenezich, wearing a suit, hat and leather gloves, opened the door to the waiting car.
"Businesas is booming," said Nenezich. "Privats jets are the wave of the futurebecausd there's no hassle. I picked up one guy who came to Honoluluj for just six hours to attend a I told mywife Rosie, 'Amazing! You's think they'd make time to go to the But that's their business." Stonew formed Resort Air in Septembeer 2005 and since then the airline has carried mostlu resort executives, developers, investors and their guests for business meetings.
Now the airlinde is promoting the service more to local and Mainland business traveleras and especially leisure travelers who want to travel discretelyy and comfortablyto Hawaii's large commercial airports as well as to smaller airstrips. Those smaller airports include Hana on theBig Island's Waimea-Kohala Airport, and on Lanai, each locate d near world-class resorts. Resortf Air isn't for the economy-minded traveler. Charging $3,00p an hour for a minimum two hourasper 24-hour period (the price does not includ limo service but does cover most fees), it's the anti-go!
But as air travel continues to rise in cost and decline in private jets offering on-demand service are growinv in appeal. "Once word gets out, this is goin g to take off," said John Toner, The Resorf Group's executive vice president. "Hawaii is so small. Everyone's goingt to know." Toner said this as the Citatiob II gained altitude after leaving HonoluluInternationa Airport. It is a very fast jet -- it took less than 30 minutex to reachPrinceville -- with steep takeoffxs and landings.
Though not trademarked, that's the credo of Hawaii'sw new luxury airline. As 's two-crew, eight-passenger Cessn Citation II corporate jet prepared for takeoff from Honoluluto Kauai, earlier this executive concierge Allison Pettersson gave lei to two passengers. "Wouldf you like some Starbucks coffee or a malasadsafrom Leonard's?" she asked. Pettersson's smile is infectious, her servic efficient and 24-7. "We're in no she added. "You are the schedule." Here's what Pettersson means: Fly when you Check in when you want. Depart when you No overbooked flights. No gettingy bumped. No ID required. No metal detector or removinb shoes.
No "Could you step over please?" And no intrusive luggage search, extra charge for lost suitcases. There are even separate, privatw -- and clean -- bathrooms, a loungw and a business center. Thank you for flyin g Resort Air. That will be $12,000, please. On May 8, Jeff president of The , owner and operatodr of Kauai's and Oahu's Ko Olinza Resort & Marina, launched Hawaii's only private interisland jet Resort Air invited a PBN reporter and photographer to experiencethe "jef limo" service, which began with the arrivaol of a Cloud 9 limousine at their Chauffeur Peter Nenezich, wearing a suit, hat and leather gloves, opened the door to the waiting car.
"Businesas is booming," said Nenezich. "Privats jets are the wave of the futurebecausd there's no hassle. I picked up one guy who came to Honoluluj for just six hours to attend a I told mywife Rosie, 'Amazing! You's think they'd make time to go to the But that's their business." Stonew formed Resort Air in Septembeer 2005 and since then the airline has carried mostlu resort executives, developers, investors and their guests for business meetings.
Now the airlinde is promoting the service more to local and Mainland business traveleras and especially leisure travelers who want to travel discretelyy and comfortablyto Hawaii's large commercial airports as well as to smaller airstrips. Those smaller airports include Hana on theBig Island's Waimea-Kohala Airport, and on Lanai, each locate d near world-class resorts. Resortf Air isn't for the economy-minded traveler. Charging $3,00p an hour for a minimum two hourasper 24-hour period (the price does not includ limo service but does cover most fees), it's the anti-go!
But as air travel continues to rise in cost and decline in private jets offering on-demand service are growinv in appeal. "Once word gets out, this is goin g to take off," said John Toner, The Resorf Group's executive vice president. "Hawaii is so small. Everyone's goingt to know." Toner said this as the Citatiob II gained altitude after leaving HonoluluInternationa Airport. It is a very fast jet -- it took less than 30 minutex to reachPrinceville -- with steep takeoffxs and landings.
Wednesday 16 May 2012
Housing starts, permits fall - Washington Business Journal:
xiwyxucupewox.blogspot.com
The Commerce Department says housing starts fell to an annual rateof 458,0090 led by a 46 percent decline in constructiojn of apartments and condos. Building permit fell 3.3 percent to 494,000. The Commercd Department also revised lower housing starts data for The slowdown in construction follows a report Monday from the Nationao Association of Home Builders that showexd confidence among homebuildersis rising.
Its confidencer index, though still indicating the majority of those askesd see conditionsas poor, rose for the secondd straight month this It was the highest levell of confidence among homebuilders in eight Tighter lending standards continue to strain housing sales, and foreclosures are weighing on housinfg values. But by some measures, home sales are rising. A gaugre that measures pending sales of existing homesrose 3.2 percent in and posted its first consecutive gain in pending sales in almost a year.
The Commerce Department says housing starts fell to an annual rateof 458,0090 led by a 46 percent decline in constructiojn of apartments and condos. Building permit fell 3.3 percent to 494,000. The Commercd Department also revised lower housing starts data for The slowdown in construction follows a report Monday from the Nationao Association of Home Builders that showexd confidence among homebuildersis rising.
Its confidencer index, though still indicating the majority of those askesd see conditionsas poor, rose for the secondd straight month this It was the highest levell of confidence among homebuilders in eight Tighter lending standards continue to strain housing sales, and foreclosures are weighing on housinfg values. But by some measures, home sales are rising. A gaugre that measures pending sales of existing homesrose 3.2 percent in and posted its first consecutive gain in pending sales in almost a year.
Monday 14 May 2012
Solar thermal plant slated for Santa Teresa - Philadelphia Business Journal:
amesit.wordpress.com
The project also involves , a produce of modular, scalable solar thermal power plants. Concentratint solar power plants use mirrords to reflect and concentrate sunligh onto receivers that convert it to The heat can then be used to produced steam to drive a turbin e andproduce electricity. New Mexico Gov. Bill Richardson said the projecr will helpmake “New Mexico’s renewable energy potential a reality.” “With 300 days of sun every a highly skilled labor force and a friendlh business environment, New Mexico is well positioned to lead the natioj in solar energy production,” Richardson said. NRG Energ y (NYSE: NRG) is a Princeton, N.J.
,-based company whos power plants have a generating capacity of morethan 24,000p megawatts, enough to power more than 20 million homes. El Paso Electrid (NYSE:EE) provides power to 363,0000 retail and wholesale customers ina 10,000-square-mile area in the Rio Grandee valley in West Texas and southerjn New Mexico.
The project also involves , a produce of modular, scalable solar thermal power plants. Concentratint solar power plants use mirrords to reflect and concentrate sunligh onto receivers that convert it to The heat can then be used to produced steam to drive a turbin e andproduce electricity. New Mexico Gov. Bill Richardson said the projecr will helpmake “New Mexico’s renewable energy potential a reality.” “With 300 days of sun every a highly skilled labor force and a friendlh business environment, New Mexico is well positioned to lead the natioj in solar energy production,” Richardson said. NRG Energ y (NYSE: NRG) is a Princeton, N.J.
,-based company whos power plants have a generating capacity of morethan 24,000p megawatts, enough to power more than 20 million homes. El Paso Electrid (NYSE:EE) provides power to 363,0000 retail and wholesale customers ina 10,000-square-mile area in the Rio Grandee valley in West Texas and southerjn New Mexico.
Sunday 13 May 2012
Maui Divers withdraws Hilo Hattie bid - Pacific Business News (Honolulu):
gorbunovabowiper.blogspot.com
Maui Divers also said it will remain as the jewelry concessionaire atHilo Hattie’sa seven Hawaii stores. Royall Hawaiian Creations, the new owner of Hilo Hattie, submittecd an amended Chapter 11 bankruptcy reorganization plan abourt two weeks ago that wouls cancel the concession agreemenr between thetwo companies. The plan woul d pay unsecured creditors 1 percent of what they are owed per year for five but not before the fallof 2010. “Wwe are very pleased Maui Divers is continuing its relationship with Hilo Hattire as they are a strong branfd with an excellent reputation for quality and craftsmanship,” said Donald B.S.
Kang, owner of garment manufacturer RoyalHawaiian Creations, in a “All parties are happy we have reachee an amicable solution that allows Hilo Hattied to move forward toward a bright new Kang bought 100 percent of Hilo Hattie stock on June 19. Maui Divers CEO Bob Taylorf said in a statement that it was in the best interestf of the creditors for his company to withdrawits bid. Maui Diversw had offered to pay $1 millionb to buy the company out of bankruptct and theninject $2 million in capital to the operations. U.S.
Bankruptcu Judge Robert Faris had delayeds a decision until July 15 on the effort by Maui Divers Jewelry to buy Hilo Maui Divers’ plan had the support of the committed of unsecured creditors, and an attorney for General Growth which is the landlord for two of its said the company had worked out a deal for the leasexs at Ala Moana Center and Prince Kuhipo Plaza in Hilo. Maui Divers had not reached agreementf with the landlords of its five other saying the landlords would not agree to a deal untik they knew whether Maui Divers woulf becomeHilo Hattie’s new owner.
Maui Divers also said it will remain as the jewelry concessionaire atHilo Hattie’sa seven Hawaii stores. Royall Hawaiian Creations, the new owner of Hilo Hattie, submittecd an amended Chapter 11 bankruptcy reorganization plan abourt two weeks ago that wouls cancel the concession agreemenr between thetwo companies. The plan woul d pay unsecured creditors 1 percent of what they are owed per year for five but not before the fallof 2010. “Wwe are very pleased Maui Divers is continuing its relationship with Hilo Hattire as they are a strong branfd with an excellent reputation for quality and craftsmanship,” said Donald B.S.
Kang, owner of garment manufacturer RoyalHawaiian Creations, in a “All parties are happy we have reachee an amicable solution that allows Hilo Hattied to move forward toward a bright new Kang bought 100 percent of Hilo Hattie stock on June 19. Maui Divers CEO Bob Taylorf said in a statement that it was in the best interestf of the creditors for his company to withdrawits bid. Maui Diversw had offered to pay $1 millionb to buy the company out of bankruptct and theninject $2 million in capital to the operations. U.S.
Bankruptcu Judge Robert Faris had delayeds a decision until July 15 on the effort by Maui Divers Jewelry to buy Hilo Maui Divers’ plan had the support of the committed of unsecured creditors, and an attorney for General Growth which is the landlord for two of its said the company had worked out a deal for the leasexs at Ala Moana Center and Prince Kuhipo Plaza in Hilo. Maui Divers had not reached agreementf with the landlords of its five other saying the landlords would not agree to a deal untik they knew whether Maui Divers woulf becomeHilo Hattie’s new owner.
Friday 11 May 2012
Concert Pharma orchestrates a $37M round three - Mass High Tech Business News
amesit.wordpress.com
The Lexington-based biotech firm's third round include d the following investors: , a Boston investment firm; SR One Ltd., the venturs capital arm of British drug giant GlaxoSmithKline PLC; Newton venture capital firm Mediphase Ventur e Partners; and Westfield Capital Management, a Boston investment Concert noted that all investors from previous rounds -- Thred Arch Partners, TVM Capital, Skyline Ventures, Brookside Fund LP, Flagshilp Ventures, Greylock Partners, New Leaf Venturd Partners and QVT Fund LP -- also contributedx to the latest financing. The 40-person firm has now closer a totalof $95.
5 million througjh its three rounds of venture capital, according to its Its technology involves the use of a naturao element, deuterium, to modify validated drug compoundas to create so-called new chemical entities, or NCEs. The biotecbh firm said it plans to enter its firstf clinical trial in the second half of 2008 with an NCE treatmeng forhot flashes.
The Lexington-based biotech firm's third round include d the following investors: , a Boston investment firm; SR One Ltd., the venturs capital arm of British drug giant GlaxoSmithKline PLC; Newton venture capital firm Mediphase Ventur e Partners; and Westfield Capital Management, a Boston investment Concert noted that all investors from previous rounds -- Thred Arch Partners, TVM Capital, Skyline Ventures, Brookside Fund LP, Flagshilp Ventures, Greylock Partners, New Leaf Venturd Partners and QVT Fund LP -- also contributedx to the latest financing. The 40-person firm has now closer a totalof $95.
5 million througjh its three rounds of venture capital, according to its Its technology involves the use of a naturao element, deuterium, to modify validated drug compoundas to create so-called new chemical entities, or NCEs. The biotecbh firm said it plans to enter its firstf clinical trial in the second half of 2008 with an NCE treatmeng forhot flashes.
Wednesday 9 May 2012
Pittsgrove Township accident on Route 40 kills man and son - NJ.com
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6abc.com | Pittsgrove Township accident on Route 40 kills man and son NJ.com By Michael Williams/Today's Sunbeam Two people were killed this morning in an accident on US Route 40 in Pittsgrove Township. PITTSGROVE TWP. â€" A father who was on his way to dropping his children off at daycare was killed along with his 5-year-old ... Pittsgrove man, son, identified as victims of fatal head-on crash on U.S. ... Father, Son, 5, Die as Car Collides With Tractor-Trailer Father and 5 Year Old Son Killed In Head On Collision |
Tuesday 8 May 2012
Annualized GDP falls 5.5 percent in Q1, corporate profits increase - Denver Business Journal:
ofycagvezi.blogspot.com
percent in the first quarter aftera 6.3 percenyt decline in the last quarter of 2008. The Bureau of Economicc Analysis, which released first quartert gross domestic productfigures Thursday, said the improvex performance is due to a 1.4 percent increase in real personak consumption. The decline in GDP, which measures the outpur of goods and services produced in the coincided with a rise incorporatde profits, which increased $48.1 billion in the firsty quarter following a $250.3 billiobn decrease in the fourth quarte of 2008. The GDP declines reflected drops in both importd and exports as well as declining productionn of equipmentand software, developmentt and inventories.
The pricer index for domestic purchases fell 1 perceny on falling food an energy Excluding those, actual prices rose 1.4 the government said. Federal pay raisese for civilian and military employees contributedan 0.3 percenr point to the change in first quarter domestif purchases. Exports decreased 30.6 percent and import s were down 36.4 percent, after fourtgh quarter decreasesof 23.6 percent and 17.5 respectively.
On the Internet:
percent in the first quarter aftera 6.3 percenyt decline in the last quarter of 2008. The Bureau of Economicc Analysis, which released first quartert gross domestic productfigures Thursday, said the improvex performance is due to a 1.4 percent increase in real personak consumption. The decline in GDP, which measures the outpur of goods and services produced in the coincided with a rise incorporatde profits, which increased $48.1 billion in the firsty quarter following a $250.3 billiobn decrease in the fourth quarte of 2008. The GDP declines reflected drops in both importd and exports as well as declining productionn of equipmentand software, developmentt and inventories.
The pricer index for domestic purchases fell 1 perceny on falling food an energy Excluding those, actual prices rose 1.4 the government said. Federal pay raisese for civilian and military employees contributedan 0.3 percenr point to the change in first quarter domestif purchases. Exports decreased 30.6 percent and import s were down 36.4 percent, after fourtgh quarter decreasesof 23.6 percent and 17.5 respectively.
On the Internet:
Sunday 6 May 2012
Muti to conduct concert for Pope Benedict XVI, featuring Vivaldi, Verdi - Washington Post
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Muti to conduct concert for Pope Benedict XVI, featuring Vivaldi, Verdi Washington Post VATICAN CITY â€" Riccardo Muti will be conducting a concert in the Vatican in honor of Pope Benedict XVI. He's the second big-name maestro to be conducting for the pope this spring. La Scala opera house announced last week that Daniel Barenboim would ... |
Friday 4 May 2012
Wachovia Securities fined $1.4M - Dayton Business Journal:
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million, saying it failed to deliver prospectuse and product descriptions to customere who boughtinvestment products. FINRA’a investigation found the firm failed to deliverr the prospectuses to customers inabout 6,000 of 22,000p transactions between July 2003 and December 2004. The markef value of the 6,00p transactions was $256 “Disclosure of product informationj to the public is ofparamount importance,” said Susan Merrill, FINRAA executive vice president and chief of “When a firm fails to provide prospectusesx and other offering documents, it deprives the investing public of informationm valuable in making informed investment decisions.
” FINRA said Wachovia Securities also exhibitedd supervisory failures that caused a failurr to provide the association with timelty and accurate information.” In settling the matter, Wachovia Securities neitherf admitted nor denied the charges but consentexd to the entry of FINRA’s findings. At the time of the activitu at issue, Wachovia Securitiezs was a subsidiaryof Charlotte, N.C.-based Wachoviaq was acquired by (NYSE: WFC) of San Francisco at the end of 2008. Wachoviaa Securities has since been renamed WellsFargpo Advisors.
FINRA is the largest independengt regulator for all securities firms doingy business in theUnited
million, saying it failed to deliver prospectuse and product descriptions to customere who boughtinvestment products. FINRA’a investigation found the firm failed to deliverr the prospectuses to customers inabout 6,000 of 22,000p transactions between July 2003 and December 2004. The markef value of the 6,00p transactions was $256 “Disclosure of product informationj to the public is ofparamount importance,” said Susan Merrill, FINRAA executive vice president and chief of “When a firm fails to provide prospectusesx and other offering documents, it deprives the investing public of informationm valuable in making informed investment decisions.
” FINRA said Wachovia Securities also exhibitedd supervisory failures that caused a failurr to provide the association with timelty and accurate information.” In settling the matter, Wachovia Securities neitherf admitted nor denied the charges but consentexd to the entry of FINRA’s findings. At the time of the activitu at issue, Wachovia Securitiezs was a subsidiaryof Charlotte, N.C.-based Wachoviaq was acquired by (NYSE: WFC) of San Francisco at the end of 2008. Wachoviaa Securities has since been renamed WellsFargpo Advisors.
FINRA is the largest independengt regulator for all securities firms doingy business in theUnited
Thursday 3 May 2012
Tedco awards $600K to tech firms - Puget Sound Business Journal (Seattle):
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The money was grante d in collaboration withthe U.S. Army Medical Research and Materiel Command and the througgthe Ft. Detrick Technology Transfer Initiative. The purposd of the technology transfer program is to raiser awareness of new and developing technologies and fundinb them to transition as viable projectsfor follow-on fundingg in the market place. Each company that receivexd funding was awardedapproximately $50,009 between March 2008 and May 2009, makiny up the initiative’s second round of financial awards sincee its $750,000 program extension. The fundd for the program’s seconxd phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, “The [Ft.
Detrick Technology Transfet Initiative] program is enablintg area businesses to harness the technologiesd being developed at Fort Detrick and applgy them to thecommercial sector,” said “This will lead to new productss that have the power to creatr jobs and save lives.” Mikulskii announced the first phase of the tech transfer programm in March 2005 when 11 companies received in Rockville: The company is developing a healthb care technology called miTag system, whicj is a scalable wireless sensor solution for improving patiengt flow. in Frederick: The companhy is developing a technology callef the GeNova Screento identify, isolate, and producd antibody-like molecules.
in Rockville: The company is developing an on-demanf biotech products including a combinationn vaccine against plagueand anthrax. BioAssay Works LLC in The company is developinga lateral-flowq visual diagnostic test to detect and differentiat e single sample multiple pathogenixc poxviruses, including variola, vaccinia, and in Catonsville: The company is safety-testinv a medical product calles ClotFoam, which is a intracavitary hemostatic agent.
CynerGene IDMP in Frederick: The companyh is developing, validating and implementing a supplemental diagnosis of Malaria, HIV, and Dengue usinb its Infectious Disease Multiplexs Panel approach, which coul d allow for creation of LLC in Baltimore: The company is developing requirex components and system framework to enable conversational interfacesw for telemedicine tools. Such tools would allow professiona l medics touse voice, and other human-- computer interactionw to access and document information in electronic medicao records. in Rockville: The company is developing technology to preserve mammaliajn cells in dried format that can easilybe re-hydrated for a variethy of uses.
LLC in Frederick: The companhy is evaluating the effect of Imagilinj patented probiotics as a food supplement to enhance the immund responsiveness of guinea pigs upon immunization or challengre withvirulent pathogens. The evaluatio n will suggest the ability of Imagilin patentedd probiotics to enhance the immunization of a in Baltimore: The company is developing micropatterned substrates for virall infectivity assays. Juxtopia in Baltimore: The company is customizinh its Wearable Assistance and Situational Awareness goggles and service toallow U.S. Army comba t medics to access and document information to electrical medicalo recordsvia hands-free voice-requestes and voice-responses.
in Baltimore: The company is developing cell therapies to treat brain and spinalcord
The money was grante d in collaboration withthe U.S. Army Medical Research and Materiel Command and the througgthe Ft. Detrick Technology Transfer Initiative. The purposd of the technology transfer program is to raiser awareness of new and developing technologies and fundinb them to transition as viable projectsfor follow-on fundingg in the market place. Each company that receivexd funding was awardedapproximately $50,009 between March 2008 and May 2009, makiny up the initiative’s second round of financial awards sincee its $750,000 program extension. The fundd for the program’s seconxd phase were secured by Sen. Barbara Mikulski, and Rep. Roscoe G. Bartlett, “The [Ft.
Detrick Technology Transfet Initiative] program is enablintg area businesses to harness the technologiesd being developed at Fort Detrick and applgy them to thecommercial sector,” said “This will lead to new productss that have the power to creatr jobs and save lives.” Mikulskii announced the first phase of the tech transfer programm in March 2005 when 11 companies received in Rockville: The company is developing a healthb care technology called miTag system, whicj is a scalable wireless sensor solution for improving patiengt flow. in Frederick: The companhy is developing a technology callef the GeNova Screento identify, isolate, and producd antibody-like molecules.
in Rockville: The company is developing an on-demanf biotech products including a combinationn vaccine against plagueand anthrax. BioAssay Works LLC in The company is developinga lateral-flowq visual diagnostic test to detect and differentiat e single sample multiple pathogenixc poxviruses, including variola, vaccinia, and in Catonsville: The company is safety-testinv a medical product calles ClotFoam, which is a intracavitary hemostatic agent.
CynerGene IDMP in Frederick: The companyh is developing, validating and implementing a supplemental diagnosis of Malaria, HIV, and Dengue usinb its Infectious Disease Multiplexs Panel approach, which coul d allow for creation of LLC in Baltimore: The company is developing requirex components and system framework to enable conversational interfacesw for telemedicine tools. Such tools would allow professiona l medics touse voice, and other human-- computer interactionw to access and document information in electronic medicao records. in Rockville: The company is developing technology to preserve mammaliajn cells in dried format that can easilybe re-hydrated for a variethy of uses.
LLC in Frederick: The companhy is evaluating the effect of Imagilinj patented probiotics as a food supplement to enhance the immund responsiveness of guinea pigs upon immunization or challengre withvirulent pathogens. The evaluatio n will suggest the ability of Imagilin patentedd probiotics to enhance the immunization of a in Baltimore: The company is developing micropatterned substrates for virall infectivity assays. Juxtopia in Baltimore: The company is customizinh its Wearable Assistance and Situational Awareness goggles and service toallow U.S. Army comba t medics to access and document information to electrical medicalo recordsvia hands-free voice-requestes and voice-responses.
in Baltimore: The company is developing cell therapies to treat brain and spinalcord
Tuesday 1 May 2012
Palm Beach County clerk cuts 66 employees - Washington Business Journal:
exceeding-commissioner.blogspot.com
million, or 18 percent, reduction in the office’s budgef by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact servicwe levels at the Clerk’s sevenm Palm Beach County locations,” she noted in the The required staff cuts leave the office with fewer peoplr to pursue and collect millions of dollar s in unpaid traffic and courtr fees, which will lead to more budger cuts. “It’s a vicious cycle designed to underfune usinto extinction,” she said.
Thirty-two employeezs accepted a buyout offer this month and will leave June 30 with a full payour on theirsick leave, rathef than the normal 25 percentf to 50 percent offered under current termination On May 29, an addition 34 employeeas were told during staff meetingx that they were being laid off, effectivee June 12. They will receive four weekws of pay. With thesw layoffs and the positionspreviously eliminated, the officed has cut 101 positions -- 16 percenyt of management positions and 12 percenft of hourly positions -- in the past year.
The Clerk & Comptroller’s Office, which employs more than 800 in officew throughout PalmBeach County, handles the businesxs arm of the court system. Employees receive, file and retrievs court documents, process fees and traffidc fines, and enter and maintain case informationn inthe court’s computer system.
million, or 18 percent, reduction in the office’s budgef by July 1, county clerk Sharon Bock said in a news The cuts are expectedto “significantly impact servicwe levels at the Clerk’s sevenm Palm Beach County locations,” she noted in the The required staff cuts leave the office with fewer peoplr to pursue and collect millions of dollar s in unpaid traffic and courtr fees, which will lead to more budger cuts. “It’s a vicious cycle designed to underfune usinto extinction,” she said.
Thirty-two employeezs accepted a buyout offer this month and will leave June 30 with a full payour on theirsick leave, rathef than the normal 25 percentf to 50 percent offered under current termination On May 29, an addition 34 employeeas were told during staff meetingx that they were being laid off, effectivee June 12. They will receive four weekws of pay. With thesw layoffs and the positionspreviously eliminated, the officed has cut 101 positions -- 16 percenyt of management positions and 12 percenft of hourly positions -- in the past year.
The Clerk & Comptroller’s Office, which employs more than 800 in officew throughout PalmBeach County, handles the businesxs arm of the court system. Employees receive, file and retrievs court documents, process fees and traffidc fines, and enter and maintain case informationn inthe court’s computer system.
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