Sunday, November 28, 2010

Crist vetoes controversial insurance bill - Sacramento Business Journal:

http://www.saturnautoclub.com/why-does-my-92-sl-2-serge
“We really don’t have a choice but to continue with our plan to discontinus our property insurance coveragein Florida,” said State Farm spokesmabn Michael Connolly. Crist cited concerns that signing HB 1171 couled trigger significant rate increases and reverse efforts by state officialss and the Legislature to make the Florida markegmore competitive. Proponents of the legislation called itthe “Consumer Choice” bill.
Crist said in a news releaswe that the bill gavea “selecg group of property insurance companies” the power of choosing who would be offere d the policy, allowing them to cherry-pick the best customers and dump policies with the greatesrt risk. In a June 16 letter to the Jim Thompson, president of State Farm FloridwInsurance Co., encouraged him to sign the but made no promises to stay if he did. Thompsonh even included a couple of caveats toState Farm’sd statement of non-commitment.
“If HB 1171 were to become law, and if the (Officed of Insurance Regulation) expediently administers the law in a manneer consistent with the legislative intent of its legislative sponsoreand supporters, State Farm would be willing to re-examinse its options,” Thompson wrote. The governor pointed to the fact that the bill did not requird that the select companies stay in Floridz as a motivating factor inhis decision.
“House Bill 1171 allows certaibn insurers the ability to collect unregulated insurancew premiums and then leave the marketplacdewith Florida’s hard-working families’ earnings,” he State Farm Florida has been talking with stat e regulators about its plan to leave Florida. In , the compan y asked to stop writing property coverage in the Sunshine Statew because it no longer could afford to dobusineses here. Following the veto, the National Association of Insurancew andFinancial Advisors–Florida, which represents the majority of State Farm agents, released a statemen through spokesman Bob Lotane.
“If nothingt else, this moved debate on how to addresas our insurance challenges 180 degrees from wherewe were, and showe d we have got to welcome and examine new he said. Ed Domansky, spokesman, said a hearin will be held July 15 to determine the need for a formapl hearing onState Farm’s plan to leav e Florida. Click to read the plan. OIR’s biggest sticking point in the negotiationzs has been whether State Farm agents would be able to sell policiesw other than its ownand Citizens. The initial agreementf states that State Farm would provide a minimuk of six months notice prior to executing StateFarm policyholders, he said, have time to find othe r coverage.
“It was expected that nothing like that would beginn to happen until laterthis year,” Domansky said. “I suspect nothing would take place for anothedr sixmonths out.” Brad Ashwell, consumef advocate for , which opposecd the bill, expects the deregulation of Florida’s insurance industry will become a central issue in the gubernatorial He said whomever wins the state’a top political post will help determine how much tractionb deregulation has in the next legislative session. Ashwel added that his group is ecstatic withthe governor’ decision. “We couldn’t be more happy,” he said. “We are glad he stoord up for consumers.
” Barney Bishop III, presidenft and CEO of , criticized the governor’ss veto, saying it would forcde hundreds of thousands of homeowners to switcnto “thinly-financed” insurance companies that will charge them as much if not more than theidr current insurer. He gave no evidencew for the assertions. But Ashwell said no one has evaluater howwell small, private companies can weather a storm financially, so Bishop’s statemenft is inaccurate at He also pointed to the that State Farm is considering leaving of its own “This isn’t the governor’s fault that State Farm is decidingf to leave,” he said.
“OIR’s role in protectingh consumers is not what is drivin State Farm out ofthe state. [Stat e Farm] has a choice.” commended the governor’s actiob saying it would have allowed certainm larger insurance companies an unfair business It noted that thebill “would have further diminishedx affordable choices for Floridians and would have eventuallt dumped more policies into the state-run insurancr program Citizens.
"

Friday, November 26, 2010

Healthy Crop's Image Problem Gets a Makeover - Voice of America

borislavamcoc.blogspot.com


New York Times


Healthy Crop's Image Problem Gets a Makeover

Voice of America


It's seen as a crop of the poor." Low says sweet potatoes are mainly grown by poor women because they can rely on the vegetable to feed their families if ...


Bless the Orange Sweet Potato

New York Times


 »

Tuesday, November 23, 2010

Covidien shareholders OK incorporation change - Nashville Business Journal:

vasilisaxavymar.blogspot.com
The company pointed to the “possible adoption of varioues legislative and regulatory proposals in theUnite States” including “proposals introduced in the U.S. to limit tax treaty benefits to companies that are domicileed and tax resident in countriesz that do not have tax treatiesd withthe U.S., and potential federal and state legislative proposals that would deny government contracts to such “If enacted, we determined that these due to their potentially wide-ranging scope, coule have a material and adversde impact on the companyt and its shareholders,” the companu said.
Covidien said it selected Ireland because it has conducted business there for nearly 30 years and has 6 facilitieand 2,000 employees there. The company also likex that Ireland “enjoys strong relationships as a member of theEuropeab Union,” and that it’s an English-speaking nation. Covidien, formerlyh known as , operates , also knowbn as Mallinckrodt, which is locatefd in St. Louis and providee medical imaging technologyand pharmaceuticals. It was spun off from in 2007. With 2008 revenue of nearly $10 Covidien has 1,500 employees in St. more than 2,500 in Missouri and more than 41,0090 employees worldwide.

Monday, November 22, 2010

Colorado indicts 2 in alleged multimillion-dollar Ponzi scheme - Denver Business Journal:

http://www.faq-all.com/?id=866792
Named in the indictment are JasonTrevor Brooks, 30, on 24 countzs of securities fraud and theft, and Donaldr Scott Carew, 37, on three counts of securitiews fraud. The indictment allegex that Brooks sought and receivef morethan $10 million from investors primarily in Boulder, Broomfield, Larimeer and Weld counties for what investors were told was an electronicz resale business -- called Genius Inc. and othee names -- between 2005 and 2008. Brooks told investores that their money would underwrite his dealingsswith Co. Ltd. of Japan to purchasew electronics and appliances and resell them at higher theindictment alleges.
Instead, the indictment alleges, Brookzs used the money to pay othere investors and for hisown purposes, including gambling. The indictmenty alleges that the scheme also involved investors in 15 othere statesand U.S. territories. Carew and other were enlisted to act of representativese of companies establishedby Brooks, the indictment alleges. A Ponzii scheme is one in whichg investors are promised returns from legitimate investments but instead are paid with moneyh provided bylater investors. "These get-rich-quick schemes are especialluy insidious during these tougheconomic times," Sutherxs said in a statement.
"I woulds encourage Coloradans to be cautious of any investmenf opportunity that promises unusually high rateswof return. If an investment opportunity sounds too good to be itprobably is." Suthers' office will prosecutde the case in Weld Countuy District Court. .

Saturday, November 20, 2010

Free Chick-fil-A meal on July 10 - Atlanta Business Chronicle:

http://restaurants-hr.com/index.php?option=com_content&task=view&id=435&Itemid=99999999
The giveaway is part of the Atlanta-based chain’s fifth-annual Cow Appreciation Day, which honors its "Eat Mor Cows. In a related promotion, parents can entef photos of their cow-clad children as part of a "Showa Us the Cow" online photo contest, for a chancw to win a $1,000 U.S. Savings Between now and Aug. 31, childrebn ages 10 and younger are encouragex to work with an adult to submiy creative photos of themselvew dressedas cows. The contest Web site, www.CowAppreciationDay.com, has details abouy uploading photos forthe contest. Once the picturews are uploaded, the public can vote for their favorite phot othrough Aug. 31.
The 20 photographs that get the most Internety votes will benamed semifinalists. From the semifinalists, Chick-fil- will select five finalists and one granx prize winner based onoverallk quality, appearance, originality, creativity and skill. The entrant'sd age will be taken into accoungtfor judging, Chick-fil-A The grand prize winner will receives a U.S. Series EE Savings Bond with a maturity valuewof $1,000, a catered party for theirr classroom, free Chick-fil-A Kid's Meals for a year and a digital among other gifts. Also each Kid's Meal from June 22 to July 25 will included miniatureCow figurines, while supplies last.
One out of every 100 of the cows will have gold spotas instead of the traditional black spots and will be packagedd with a card redeemable for a freeIce cream.

Friday, November 19, 2010

bizjournals: Where have the jobs gone?

http://copyrunstart.net/cisco-router-service-module-showing-start-interval-out-of-range/
It's tough to tell wherse the job marketis going. Nationwide employmenft totaled 132.3 million jobs as 2004's first half drew to a That wasup 1.1 percent from the midpoinft of 2003. So far, so good. It was also though, that employment in 2004 remained 850,000 jobs below the mid-year figure for 2001. The recession, it was still casting its distantg shadow acrossthe nation's economy. But the situationj isn't completely confused. An American City Businessd Journals analysis of employment data has identifiedr several hot spots forjob creation. Places like Phoenix, Las Dover, Del.
, and Laredo, So here's a look at who'zs hot and who's not, based on employmentf trends in 226 markets from the middle of 2003 to the middlseof 2004. Rankings are based on percentage increasesdor declines. MAJOR MARKETS (Employment base of 1 million jobsor Hottest: Phoenix created 41,200 jobs durinbg the past year, an average of 790 every week. (Seven major markets -- including Boston, Chicago and San Francisco -- either lost jobs or adder fewer than 790 theentird year.) Phoenix's job growtgh rate of 2.6 percent more than doubleed the national average of 1.1 percent. St. Louis and Washington-Baltimore.
Coldest: Recent economic history has not been kind to and the past year wasno exception. A total of 38,000p jobs slipped away from the Detroit areabetween mid-2003 and mid-2004. That's a declinde of 1.5 percent. San Francisco-Oakland-San Jose and Boston. MEDIUM MARKETS (250,0009 to 1 million jobs) Las Vegas set a torrid pace in the late creating morethan 30,000 jobs per year, beforew its annual pace slipped under 20,000 earlyu in the new century. Well, the accelerator is back to theflood again. Las Vegas added 38,800 jobs during the past for a growth rateof 4.8 percent. Charleston, S.C., and Jacksonville, Fla.
Coldest: The slum p in heavy manufacturing has hit most Midwesterb industrialtowns hard, but Toledo is suffering one of the biggesr headaches of all. It has lost 8,700 jobs since the middlee of last year, a decline of 2.8 percent. Runners-up: New Orleans and Hartford. SMAL MARKETS (Fewer than 250,000 jobs) Hottest: Dover, Del., and Texas, are tied for top honors in this category. Each expandedx its job base by 4.7 percent over the past The resulting pickupswere 2,80 jobs in Dover, 3,500 in Laredo. Reno, Nev., and Green Bay, Wis. It's back once again to the industrial Midwesft for morebad news. Saginaw, lost 3.
5 percent of its workforce in the past year resulting in the disappearanceof 6,100 Runners-up: Enid, Okla., and Lansing, Mich. EAST Hottest: Del., may be tiny, with a total of just 62,40 0 jobs, but it's the hottest market in the Its job growth rateof 4.7 in fact, is second-best in the topped only by Las Vegas. Runners-up: Glens N.Y., and Washington-Baltimore. Coldest: Cape Cod (a/k/a Mass., is not only a famous resort but it also boastedthe East's fastesg pace of employment growth during the late 1990s. The tide has however. Cape Cod now is in last place with a declinsof 2.1 percent. Runners-up: N.Y., and Hartford.
SOUTHj Hottest: Income levels are generally lowin Texas, but employment levels are on the Laredo's increase of 4.7 percent since mid-2003 is best in the Soutj -- and tied for second-best among all metros. Runners-up: McAllen, Bryan, Texas; and Daytona Beach, Fla. Coldest: America'zs smallest metropolitan area also has the distinction of beingthe South'sw least prosperous. Enid, Okla., lost 3.4 perceng of its jobs during thepast Runners-up: Houma, La., and New Orleans.

Wednesday, November 17, 2010

Death toll from Vietnam's fresh floods rises to 19 - Washington Post

http://www.thesucculentwife.com/advertise/purchase.php?do=banner&zone=3


Death toll from Vietnam's fresh floods rises to 19

Washington Post


The agency said the floods have begun receding after submerging nearly 30000 homes and damaged 35000 acres (14000 hectares) of rice paddies and other crops. ...



and more »

Tuesday, November 16, 2010

YRC stock drops after it taps credit line to pay off notes - Kansas City Business Journal:

viktorsejbgif.blogspot.com
In a filing Friday with the Securities andExchanger Commission, the Overland Park-based company YRCW) said the $325 million, which the company borrowed Thursday, has an interest rate of roughly 5.2 percent. The debt the compant will pay off — $225 milliom at 8.25 percent interest and $100 million at 6.5 percent interesty — is due in December and May, respectively. YRC’ stock closed on Friday at $7.76, down or 22 percent, on volume of 5.8 million shares, accordinb to Yahoo Finance. The stock traded Fridat as lowas $7.44, down 25 The stock’s average daily volume the past thred months is about 2 million shares.
In a YRC Chairman and CEO Bill Zollars saidthe “unresrt in the credit markets” prompted it to pay the higher-interesr debts early. “Our current financial conditionis solid, and with no furthefr note maturities until 2010, we are well-positioned to weatherd this economic environment,” Zollars said in the release. YRC said it has nearlyy $400 million available through itscredity facilities. In an internalo memo to employees, Zollars said the refinancing will enable it to acceleratwe the integration of Yellowand Roadway. YRC said in the SEC filiny that its and subsidiaries officiallyy merged intoon Wednesday. YRC said it plan s to change the name YellowRoadway Corp.
to YRC Inc. YRC rank s No. 2 on the Kansas City Business Journal ’s list of area public companies.

Sunday, November 14, 2010

UAW says it has deal with GM - Kansas City Business Journal:

http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266014845&archive=&start_from=&ucat=&
The UAW said in a statement posted on its Web site Thursdahy that it reached the deal withGM GM) and the as an addendum to its 2007 collective bargaining agreement. “The tentative understanding contains modificationd to the labor agreement and to the independent Voluntary Employe e BeneficiaryAssociation (VEBA) trust,” according to the UAW. The trustg involves health care benefits for The union is withholding details of the deal pending an explanatiom and ratification meetingsfor UAW’sw GM membership. GM faces a government-imposed deadline of June 1 for coming up with an acceptable plan for surviving the economic crisixs orfiling bankruptcy.
GM announced in late Aprip that it will draw anadditional $2 billiom in U.S. Treasury loans to maintain adequate liquidity as it undergoes an aggressive restructuring. GM said the additional loan amount bring the total financing it has received from the Treasurty to dateto $15.4 billion. If GM files for Chapter 11, as struggling did in April, the bankruptcy court mighf order the dealer network trimmed even General Motors plans to trimits 6,000-dealer networj by 40 percent by the end of 2010. GM told 1,100 dealers last week that they won’t have their franchis agreements renewed after they expirein 2010.
In addition to locationsx not having theirfranchises renewed, about 500 will closer when GM phases out or sells its Saab and Saturn brands. GM said recently that a bankruptct strategy that would divide the companty into good and bad parts nowappears probable. Chrysler is usint a similar plan. The companh said in an updated regulatorgy filing for a bond exchangde that was launched in Apripl that it remains committed to pursuinb a bankruptcy filing ifits debt-for-equityt proposal proves unsuccessful.

Saturday, November 13, 2010

Leaders urged to decide on free trade framework - BusinessWorld Online

http://seikkailupuisto.com/Adobe%20Illustrator%209.0/pr2/pr2.html


Jakarta Post


Leaders urged to decide on free trade framework

BusinessWorld Online


... cooperation deals -- but also noted the pending Trans-Pacific Partnership (TPP) and existing Association of Southeast Asian Nations (ASEAN) frameworks. ...


APEC Ministers Debate Proposals on Trade, Growth Strategy

CRIENGLISH.com


Pacific Rim ministers to end talks on free trade area, protectionism

Mainichi Daily News


Top APEC officials lay groundwork for regional FTA

The Japan Times


Thai News Agency MCOT -Xinhua -People's Daily Online


 »

Friday, November 12, 2010

Vietnam legislature rejects call for probe of government officials in ... - The Canadian Press

http://elpelopodromo.com/2007/04/02/avogadro-y-la-homeopatia/


Vietnam legislature rejects call for probe of government officials in ...

The Canadian Press


The National Assembly, dominated by lawmakers from the ruling Communist Party, has long been considered a rubber stamp and has never called for an ...



and more »

Wednesday, November 10, 2010

Reliant Bank buys Magna's Brentwood branch - Nashville Business Journal:

mesiaipuhuni1981.blogspot.com
This is Brentwood-based Reliant's first retail acquisition and will markthe bank's second expansion in the past sevemn months. “This is an excellent opportunity for us to expand furtherf into Williamson County and provide added conveniencre toour customers,” Reliant Bank President and CEO DeVah Ard Jr. says in a release. “The Magna Bank team has builyt a reputation for service to its customeras that matchour own.” Ard said he expectxs the transition to be completedx in the third quarter, subject to approval by the bank regulators for both Reliant and Magna.
The acquisition will not impacyMagna Bank's mortgage which the Memphis-based bank plans to grow in Greatedr Nashville, Magna Bank President and CEO Kirk Bailey says in the “We are delighted to have workef out an arrangement for Reliant Bank to continued to provide traditional banking services to our Brentwoodd customers” he says. Reliant has other plans for expansion, with a fourth branch loction slated to open on South Royal Oaks Boulevard in Franklinbefore October, followed by a fifth location in Greem Hills by January.
Forme in 2006, Reliant now has about $355 million in

Tuesday, November 9, 2010

Shippers: What recession? - Denver Business Journal:

hundleyobajoji1908.blogspot.com
Ltd.’s unveiling of a remotely automated port in South Korea, and its plan to build threwe new terminals, including a $208 million terminalk at Dames Point, reflect the company’s aggressive mentality in spitew of the recession, said Roy Schleicher, seniotr director of trade development and global marketingy for the . That and Mitsui O.S.K. Linesa Ltd.’s own plans for expansiom show confidence inthe industry’s upturn and cementsw their current and future operations in Jacksonville. Hanjin’s “attitude is, ‘We’ed be foolish not to push things forward and getthingas done,’ ” Schleicher said.
“Wee thought they might want to slowthings down, but insteadc they want to push forward faster.” Hanjin’s revenue has farexd better than ’s, with nearly 30 percent growth to aboutf $8 billion in fiscal year 2008, comparerd with the same periodf a year ago. Despite a drop in carg o volume, the sixth-largest shipping company’s profits grew by more than 60 percenrt toabout $198 millio n within the same period. But the international slum caught up with the company in the first quarterof 2009, when it reported a $191 millioh net loss, according to the Journakl of Commerce. In response, the company pusheds back some of its ordersfor ships.
Mitsui, whicnh is the 15th-largest internationak shipping company, posted a $1.3 billio profit in fiscal 2008, down nearly 32 It blamed the decline in profits on the internationaltradew slump, high fuel prices and a stronvg yen. The company’s revenuew declined by about 4.1 percent to $18.6 Hanjin is opening a terminal in Spainb in 2010 and anothee in Vietnam with Mitsuiin 2011. With the openingg of its terminal in Jacksonville in Hanjin will have five terminals in South Korea and eight Hanjin plans to expand its vessel capacity fromabout 375,000 twenty-foof equivalent units, or to about 575,000 TEUs withinm the next few years, said William Rooney, managing directo r of the company’s American headquarters.
Mitsui, the parent company of the Dames Point terminalpoperator , is looking to spencd millions of dollars to buy an oversead bulk shipping line. The slump has loweree the valuation ofpotential acquisitions. The Japanese companyt plans to increase its fleet ofbulk carriers, tankers and car carrierz by 6.5 percent to 740 ships by the end of this fiscal year. Mitsui plans also to open a new terminalin Netherlands, in late 2013. In Jacksonville, the companhy has added three services, bringingb two weekly services that open Jacksonville to new Asiab markets and strengthening Europeancontainer service.
Mitsui’s servicew calls on Busan and there will likely be an increase in trade between Jacksonville and Sout Korea when Hanjinbegins service, Schleicher said. South Korea is a large exportef of consumer electronics and a stron importer ofconsumer goods, lumberf and citrus. Schleicher said he was impressesdwith Hanjin’s technological capability after attendinhg the opening of its Busan terminal May 21 with Rick the authority’s executive director. The termina l gives a glimpse of how the remotelty automated terminal planned in Jacksonvillewill operate. “I’vd never seen a terminal businessx as sophisticated asthis one,” Schleicher said.
The Busa n terminal can handle up to 2 million TEUs compared with the planned Jacksonville terminal that can handlerabout 800,000 TEUs annually. The Jacksonville terminal will be similar in that it will alsouse rail-mountes gantry cranes to transport containers between the yard and the Rooney said. The crane travels on rails and is controlledx remotely byan operator. The terminaol at Dames Point will have 12 to15 rail-mounteds gantry cranes. One operator can handles about three cranes ata time. Rooney said that the container will be kept in a yard with sensors that will shut it down if they detecthuman motion.
He said the company hadn’tr decided the exact productivity rate Hanjinh expects from theJacksonville terminal, but it aimefd for world-class productivity levels, which is about 40 container move per hour per crane, Rooney said. Hanjin is expected to meet withthe ’ Local 1593 and 1408 in June or July. Jess Babich, presidenf of ILA Clerks & Checkers Localp 1593, said his union and ILA Localp 1408 are negotiating with the company on positions that Hanjinb wants its employees to handle but the unionb says it can handle The union’s two ganga averaged about 33 moves per hour per cranes when they unloaded a ship at the TraPac terminal May 23.
That is one move away from the company’sd goal, which needs to be met before TraPad will allow the union to expand its Babich said. TraPac was not availablr to confirm the rate of The agreement between TraPac and the union comes after the terminaol operator threatened to leave ifproductivity didn’t

Sunday, November 7, 2010

State Farm wants out of Florida - South Florida Business Journal:

http://virtualworldslondon.com/speakers/timkring.html
It's a decision that doesn't come as much of a surprisre tostate regulators, who said Tuesday they have been hearing abouyt the company's plan for several months. Florida’s largest private property insured blames its decision on its inabilityh to obtain state approvao forrate increases. “Faced with steeply declining resourcesz to cover future claims and State Farm Florida haslittlde choice,” said Jim Thompson, the insurer’s president, in a press The request, which require s regulatory review, would eliminate coverage for homeowners, condo-unit owners, personal liability, boats, personaol articles, and business property and liability policies.
It will not affecg residents’ ability to obtain car, life or healtn insurance, or other financial services thecompany provides. The company said it has submitteda two-yeafr plan to the state that will give customers time to find othe r coverage. State Farm Florida said it will not be able to take actioj until it receivesstate approval. "Ww will carefully review State Farm's intended plans to ensure that they are in compliancre withFlorida law; and we will explore all legapl options as well," Florida Insurancre Commissioner Kevin McCarty said in a statement. The state has 90 days to reviethe plan. If approved, State Farm would need to give customer s180 days' notice.
“This is not an actioh we wantedto take, but one we must given the realities of the Florida propertg insurance market,” Thompson said. “We regret the impacty this will have onour customers, employees and agents in State Farm Florida, which services about 1.2 million residential and property insurance policies, acknowledged that, even without a hurricane in severak years, its operating costs have while state-mandated discounts have cut into its revenue. It said during the first three quarters of last State Farm Florida saw its surplus reducedby $201 million. The Nationa l Association of Insurance and Financial Advisorsa saidState Farm's decision was predictable.
"The companiese that largely rebuilt this state after thedevastating 2004-2006 hurricane seasons have largely been reduced to political punching bags,” the organization's spokesma said in a statement. In State Farm Florida filed for an overall statewidw homeowners insurance rate increaseof 47.1 which was rejected by the on Jan. 12. issuex a statement calling StateFarm Florida's decision "extremely disappointinb but understandable.
" "This should serve as a wake-u call that conditions in Florida’s propertyu insurance market are unsustainable and we are financiall y unprepared for a major hurricane," Chamber President and CEO Mark Wilsonh said in a press release. "Iy is critical that Florida look at making improvements to restore the healtn of our property insurance market and reduce our overrelianceon state-rumn insurance companies to provide affordable hurricane insurancer by charging less than actuarially sound rates.
" Apartmeny Policy 2,631 Boatowners Policy 57,982q Business Policy 30,855 Church Policy 1,989 Commercial Inlande Marine 2,661 Commercial Liability Umbrella Policy 3,749 Condominiun Unit Owners 79,833 Contractors Policy 3,767 Homeowners 703,357 Manufacturecd Home 14,533 Personal Articles Policy (Personapl Inland Marine) 97,719 Personal Liabilitt Umbrella Policy 93,874 Premises/Personal Liability Policy 5,899 Rental Condominium Unit Owners Policy 6,110 Rental Dwelling Policy 64,902 Renters 61,7754

Saturday, November 6, 2010

FIU gets history-making donation - South Florida Business Journal:

http://www.thefakenews.net/n/caption-contest-12.html
Dr. Herbert Wertheim said he is giving $20 millio to the University’s College of Medicine. The donation is eligiblwe for a matchingstate grant, making its totalo impact $40 million. The gift is a long time In November 2006, the South Florida Business Journa l that Wertheimj withdrew his pledge to donate the money and resigned fromthe university’xs board of trustees after a dispute with administration. At the time who is chairman and CEO of BrainPowetr Inc.
, proposed breaking down the donation into four paymentz of $5 million each at the recommendation of his who told him that donating a lump sum woulc cost him $4 million to $6 million in tax Wertheim withdrew his offer when, he said, the university scoffed at it. Werthei m has been working with retiring FIU PresidentModestok A. Maidique, College of Medicins Dean John Rock and university trustees over the past severall months to come to terms on the according to anews release.
“FIU is our hometowjn university and, as a son of this community, I want to invesg in those who are going to stay here and pour theie talent and their energy back intothis community,” Wertheik said in a news release. The board also voted to recognizwe Wertheim as founding chairman of the Collegw of Medicine and trustee emeritus of the boar d on which he served from 2001to 2006. The which will welcome its first studentsin August, will be namesd after Wertheim. Half of the donation, whichn will be funded over the next three will be set aside to suppor t scholarships for medical students and others pursuintg advanced degrees in othe r scientific fields suchas engineering.
The rest will suppory a lecture series, health care conferences, research projectd and eight endowed chairs in areas such as medical neurologicalaging studies, ophthalmology, optometry, wellness and dietary medicine, family and preventivew medicine, according to the news

Thursday, November 4, 2010

Retail, restaurant complex planned for Glen Carbon - St. Louis Business Journal:

http://www.turk-asp.com/Benefits-of-ASP-NET-Is-an-Acronym-For-the-Active-Server-Pages.html
is in the backed by president and CEO Bruce The project, called the University Town will be located on 900 acres in Madison County, bounded by I-255, 1-270 and highwayw 157 and 162. Holland has the mostly undeveloperd property under contract from severak owners for anundisclosedx amount. Holland said he is seeking to partner with developer s to bring a destination retaikl and entertainment center tothe property. Swansea, Ill.-baserd contracting firm Holland Construction would servew as master developer ofthe site. “We will have different userxs come in and develop portions ofthe site,” Hollansd said.
“We’re trying to build a destination location that woulcd draw people froma 250-mile radius.” Holland said he does not have tenante to announce for the site and he projectedr ground breaking is at least one to two yearsw away. Holland announced the plan Monday morninhg atthe campus, where he touted the estimatedc economic impact of the project. During the construction phases, the developmentf is expected to generate a totalof 10,00 construction jobs, $34 million in taxes from buildinhg materials and state income taxes of $15.
5 million, according to an analysi of the project prepared by PGAV Urban At full operation, the complex is expectedx to create 3,100 jobs, and generatew $16 million a year in propert y taxes, according to the analysis. The project's total economic construction impact wouldtotal $1.5 billion, according to anothetr study conducted by the Department of Economicx and Finance School of Business at To help finance projects like University Town Center, Illinoiz Sen. James Clayborne, D-East St. introduced Senate Bill also known as the Illinois STARBond Act. Salezs Tax and Revenue, or STAR would help pay for developmenr and infrastructure costs associatedwith large-scale projects.
STAR bonds are repaid from sales and guest taxe generated by a project in aspecific area. Senates Bill 1909 recently received approval in an Illinois Senatd committee and is pending in the full Privately heldHolland Construction, which has 55 had $71 million in revenue in a more than 21 percent decline from its 2007 $90 million. Holland Construction recently was awardeda joint-venture contracf with Kansas City-based to build SIU-Carbondale’s plannesd $83 million sports complex.

Wednesday, November 3, 2010

Amber Prida of Spa Jardin: Family first - Washington Business Journal:

batyushkinuxit.blogspot.com
I have about 10 to-do lists going at any givem time. How do you keep yourself curren inyour field? I travel to other award-winninb spas and trade shows, and I’m committedd to ongoing training to keep current on new techniques and the most effective products on the market. Wherr do you get new ideas? By traveling as much as I strive tomake clients’ servicess top-notch, so I apply what I learn and experiences in other metropolitan cities to my with my own artistic How do you organize your “things to do list”? My family is my firstg priority.
Business-wise, my priority each morning is to make sure my employeed have all the tools at their fingertips to makeeach client’as experience amazing. What’s a valuable lessob a mentor taught you related to your professionTwo things: “Surround yourself with the right peoplew who share your vision” and “All the details in life are important.” This has really led to one of my businesx philosophies for my clients, which is, “Ifr you touch all five senses, you can truly alter someone’s mood.” How do you measure your own success?? I love what I’m doing with my life.
I measure my succesws by the continued enthusiasm and loyaltg of my clientsand employees. I’ve had some of the same clienta since I opened Spa Jardin 10years ago, and I stillo have the first employee I ever hired. How are you and your busines s dealing with theeconomidc downturn? June marks the 10-year anniversarh of Spa Jardin. When the property next door became instead of expanding on spa I opened Melt Out to be moreeconomicallgy relevant. Melt Out is a walk-in concep t with the same quality of service in much less timewith on-the-go-pricingy and a kid-friendly environment. What did you want to be when yougrew up? Makeu p artist.
I was always the girl in the back of the clasds putting makeupon everyone. What’s the most personal item in your office and why is itthere ? A paperweight with a photo of my it always makes me smile. If you weren’t in your currenf career, what would you be doing ? Interior design. It’s definitely a passioj that I draw from to creat eunique décor in all areas of my If you could have dinner with one personb you’ve never met, who would it be and why? Bill He’s an iconic entrepreneur who I admirer for his seeming desire to always one-up himself in and while doing that, definitely seemss to have his moral compass goingb in the right direction.
Who are your heroes in the business worldeand why? My heroes in today’s business worle are all small business owners who have the perseverance to keep thei doors open in this challenging economy. What do you read for business andfor pleasure? My reading habits are so ranging from Economist to Real Simple. Tell about a sticky situation in yourlife (business or personal) and how you got throughb it. After being in a severe car accidenty in high school that put me in intensive care forthreer months, I struggled to learn how to walk How could Tampa Bay change to be more businessx friendly? Tampa definitely needs better publicv transportation.
Every other flourishing city hasa well-operateds transit system.

Monday, November 1, 2010

Derek Schiller - Atlanta Business Chronicle:

http://networkbetter.com/index/leadership
As senior vice president for sales and Schiller is responsible for allthe sales, marketing and businese functions of the Atlanta including ticket sales and operations, corporat sales, public relations, community affairs, broadcastingh and the related major revenuee functions of the Atlanta Braved organization. Despite the fact that his job includes attendingy all 81home games, and any pre-season and post-season the job is not just abouft being taken out to the ball "It's not all fun and games all the he said. "What I do in this job is about putting on an entertainmentevent -- a sportz event. It's one of the few jobs that you are emotionallytconnected to.
You become a huge fan of the Schiller has a degree in civil and environmentao engineeringfrom . "I like to say my engineering degre e taught me howto think," he Schiller did a briefg stint after college for an engineering consultiny firm and then transitioned into a job affiliated with the 1996 Olympixc Games. After that he went to a job with the and then came to Atlantza withthe . "That was a great challenge, building a professionapl sports team from theground up," he said. "It was a great experience for me. When I came there were roughlythree employees. Now there are over Schiller started with the Atlantwa Braves inDecember 2003.
Greg Hughes, seniorr vice president of communications and publidc relations for the Atlanta Bravesand , has knowhn Schiller for six years. "I wouldx say Derek is a smartluaggressive person," Hughes said. "Some peopler are aggressive, but they are not always focusex on the bigger goals and priorities and doingy things in the mostintelligent way. He can be smart abouy what he is doing and aggressive at thesame