Monday, December 31, 2012

Trinity ranks high for physician/execs - San Antonio Business Journal:

ernstiryastrov.blogspot.com
The school’s health care administration graduat e program earnedthe No. 3 spot in the magazine’s list. The rankingw were based on the length of time to completdethe program, the cost of the number of days students spend on campus, the age of the programj and the number of graduates. “Our program is designede so that participants learn from each other as well as thecoursse instructors, and the interchange between physicians and othed clinicians and practicing health care managers is particularly says Mary E. Stefl, professor and chaird of Trinity’s Health Care Administration department.
Trinityg finished ahead of other schools onthe magazine’ss list, such as Yale University, Harvard University, Universithy of Southern California, Duke University, and Tulane University. Modern Healthcare has recognized three graduates ofthe university’s Healthcarew Administration program on a list of the 100 Most Powerfuo People in Healthcare for four consecutive

Saturday, December 29, 2012

Retailers are now loading up our inboxes - Minneapolis Star Tribune

ogarawo.wordpress.com


Retailers are now loading up our inboxes

Minneapolis Star Tribune


Retailers are now loading up our inboxes. Article by: JOHN EWOLDT , Star Tribune; Updated: December 28, 2012 - 9:31 PM. Getting to know us: Retailers are personalizing their e-mail messages to make us buy more. 0 · comments; decrease font size ...



and more »

Friday, December 28, 2012

Stimulus highlights need for better oversight at SBA - Puget Sound Business Journal (Seattle):

ogarawo.wordpress.com
The SBA’s Office of Inspectotr General outlined its concerns in a memo that said agency action is overdue on 10 recommendationx it made to address weaknesses in lender oversightt andagency contracting. The Office of Management and Budgetg has directed agencies to addres s problems disclosed by prior audits in programsz that will receive funding througg the American Recovery andReinvestmenf Act. Lender oversight is particularly important becausse the bill temporarily increased the government guarantyt onthe SBA’s 7(a) business loans to 90 percent.
“Becauses the higher guaranties reduce lender which may lead topoor underwriting, a greater potentiakl will exist for losses and wrote Debra Ritt, SBA assistant inspector That’s why it’s important for the SBA to do onsitwe reviews for all SBA lenders with high-risi ratings that have more than $4 million in guaranteedc loan portfolios, the memo stated. The agenc y has agreed that’s needed but hasn’t done it yet. The SBA also hasn’f implemented comprehensive policies and procedures that define acceptablwe lender performance and risktolerance levels, or what enforcement actions will be takenh when risk tolerance limits are exceeded.
The SBA also needs to do a better job collecting impropere payments of loan guaranties to lenderswho didn’t folloq prudent lending practices or failed to comply with SBA regulations, the inspectort general’s office said. More than $4 million in imprope payments identified by previous audits have notbeen recovered, the officwe found. “Increases in loan volumes and reduced lendet risk under the recovery act are expected to lead to highefr levels ofimproper payments,” the memo The bill also provided $30 millionh in additional funding for the Microloanm program, which makes small loans to aspiring entrepreneurs throughy nonprofit organizations that also provide technical The SBA needs to develop standard operating procedures for this program, and collect informationm on whether the businesses that received these loanz became successful, according to the memo.
SBA spokesmanh Jonathan Swain said theagency “id working on a number of fronts” to implement the recommendations citeds in the memo. The agency is particularlt focused on lender oversight and risk managemenyt as it rolls outnew stimulus-related programs. Its new $35,00 America’s Recovery Capital loans, for example, are designed to be “az riskier loan program than the SBA hasever offered,” he because they’re an effort to help businesses that temporarily are having problems making loan The SBA is looking at ways to mitigate that risk as much as he said. guaranteed loanas that dealers can use to financetheirt inventory.
Many lenders have stopped making so-callexd floor plan loans becausethey haven’y been able to sell them on the secondary market. Through theser lines of credit, auto dealersd borrow against theirvehicle inventory, repah the debt when vehicles are sold, and then borrow againh to add more John Lyboldt, NADA’s vice president of dealershi p operations, applauded the SBA and President Barack Obama “for understanding that any efforg to revitalize the auto industry simplyg will not work until dealer credit issuea are resolved.
” “The successz and continued operation of thousandx of small, family- owned auto dealershipws across the country are directl connected to their ability to purchase both new and used vehicless to offer their customers,” Lyboldt said. Beginninhg July 1, the SBA will guaranted 75 percent of floor plan linezs of credit throughits 7(a) business loan SBA lenders will make the loans, which will rangd from $500,000 to $2 million. Dealers in automobiles, recreationaol vehicles, motorcycles, boats and manufactured homes are eligible. The loansw will be available through Sept. 30, possibly longer if the SBA extendws thepilot program.
Floor plan loans previouslty were ineligible forthe 7(a) program. “Countless small businesses, including dealerships, acroszs the country are facing significangt challenges as a result of the uncertainty in the auto SBA Administrator KarenMills said. “Floor plan financing can offert some dealerships the opportunity to get through these tougg economic times by allowing them to keep theirr inventory and cashflow intact, as well as save the jobs these small businesses provide.

Tuesday, December 25, 2012

$27 million complex going up near Baptist Hospital - Nashville Business Journal:

sucujovide.wordpress.com
Developers hope to attract renters that want to live withimn walking distanceof Baptist, Vanderbilgt University, Centennial Park and West End. The 170-unir community on State Street between 17th and 18thAvenuews N. will be completed in August 2009 and havetwo four-storyh buildings. The developer says it will blendits cutting-edgs urban style into an apartment community offering a green room for a Zen courtyard with outdoor fireplace and a sky bridgse connecting apartments with a fitness facility.
Apartmentx will range from 550 square feetto 1,22r square feet with 227 parking "Nashvillians seek a wide range of high quality livingv choices, and with 1700 Midtown we add a completely unique style of apartment communityy to the mix," said Charlesa Carlisle, CEO of Bristol Development Grouo in a release. Bristol is also developingh the Velocity condominium project in The Gulch and the Icon condo which will be completedthis summer.

Monday, December 24, 2012

Ernst & Young honors B/E Aerospace

domnaofyvisyhojo.blogspot.com
Khoury, who founded what is now the world’s largest maker of aircraft cabin interiors, was honored for his abilityy to turnaround the companyh after it hit financial turbulence following the 11terrorist attacks. “People were afraied to fly, with the aerospace industry especiall yhard hit. B/E Aerospace was nearly but Khoury refocused resources and turned the company Ernst & Young said in a news release. “Now, revenuews are expected to exceed $2 billion this Ernst & Young named Matthew Szulik, chairma n of Red Hat, overall entrepreneur of the year durinhgthe company’s annual globalo business awards ceremony. B/E Aerospace shares were up a pennhto $8.
30 in afternoon trading. The 52-week high was $54.099 on Dec. 27. The 52-week low was $7.5o0 on Oct. 10.

Sunday, December 23, 2012

Tringali sentenced to 3.5 years for land scheme - South Florida Business Journal:

guronelogoh.blogspot.com
Federal prosecutors had requested leniency for Tringali who helpede investigators and testifiedagainst co-conspirator and businesss consultant Larry Nardelli, owner of . Nardellk was convicted in February of conspiring to commitmortgags fraud, money laundering and making false statements to banks, but he has not yet been Seven financial institutions , , , , , and were defrauded through bogues real estate transactions, according to court records. At Tringali’s sentencing, U.S. Districft Judge James D. Whittemore ordered a forfeiturre judgmentof $6.9 million. But the judge hasn’yt yet determined how much Tringalui should payas restitution.
Tringali, who’s represented by attorneg Todd Foster, pleaded guilty Nov. 3 to makingh false statements to lending institutions to obtain loanw that were to be used to acquire and develolvacant land. Tringali conducted business in Sarasota and Manatee countiew asthe owner, or part owner, of G&T Land Developmenft LLC, Steeplechase Properties LLC and LLC. Sarasotsa attorney John Yanchek pleadeddguilty Feb. 27 in the case, but he later askerd the court to vacate the order to allowa him to remain gainfully employed as a lawyerd until his May 11 records show. Judge Whittemore denied his request.
Neil Mohames Husani, the accused mastermind of the is awaiting extradition from The and investigatedthe case, which was prosecute d by Adelaide Few and Terry Zitek of the U.S. Attorney’as Office, Middle District of Florida.

Friday, December 21, 2012

PPCRV, Namfrel coordination 'crucial' in ensuring clean polls—Comelec - Inquirer.net

xotavaloso.blogspot.com


PPCRV, Namfrel coordination 'crucial' in ensuring clean pollsâ€"Comelec

Inquirer.net


MANILA, Philippinesâ€"While trying to patch up their differences, the two citizen arms' assigned by the Commission on Elections (Comelec) for the upcoming elections will work together to ensure fair and clean polls. Comelec Chief Chairman Sixto ...



and more »

Thursday, December 20, 2012

LendingTree expands product offering - Denver Business Journal:

stelauguqdinec.blogspot.com
According to the company, its customer-retention technology identifiesd customers byloan loan-to-value ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significantg portion of overall origination volume, our lender network has expressee a desire to capture and retain current mortgagee customers,” says Bob Harris, president of the LendingTreed Exchange. “As part of the LendingTree network, banks and lenderx that use ournew customer-retention initiative will be able to significantlyg impact the ratio of overall mortgage portfoliok retained, just as effectively as they can attractg new borrowers.
” LendingTree is ownesd by Charlotte-based (NASDAQ:TREE), an online lendinhg and real estate company. Tree.com’s principle businesses are which matches potential mortgage borrowersto lenders, and RealEstate.com, whicjh works with individuals seeking homes and real estate LendingTree says it has facilitated more than 25 million requestes for loans online and $185 billion in closee loan transactions.

Wednesday, December 19, 2012

Mission mayor brings change by listening to residents

ogarawo.wordpress.com
One key accomplishment is the proposed redevelopmenyt of theformer mall. Plans for the Gatewayh developmentthere weren’t on her mind when McConwell first ran for City But with a 70,000-square-fooft aquarium, an eight-screen movie theater and othe r amenities, the project will help accomplish the revitalization she “At the time, I recognized that I showed a part of Missiobn that wasn’t being met — youngf families,” McConwell said. “A lot of the council memberss had grandkids orhigh schoolers; I was concerned for the kids of After being named as mayor in McConwell and the city began a new vision plan for Mission.
“I told the communityy that I would be like a freight train and announcex where we needed to McConwell said. “If we needed to switch tracks, we could, but we needed honest decisionsand input.” Blake president of the , called McConwell a “one-woman campaign for her community.” McConwelk balances her community service as mayor with a full-time career in law and her which now includes two teenagers.
“ was fortunate to find a good city administrator and stafcf that workswell together,” McConwell “I can count on them to be trustworthy; it woulf be difficult to do both if I didn’t have As mayor, McConwell has worked to raisw the visibility and profile of the city. Ed president and CEO of , worked with McConwelll on four pieces of legislation while working as a statse legislator from NortheastJohnson County. The most notable of thoser enableda $20 millio n flood plain remediation project running through Mission’s commerciak district. Three other pieces of legislatiohnconcerned redevelopment.
McConwell was also a big played in the push to get statw approvalof $63.2 million in saled tax revenue (STAR) bonds for the Gateway making it the seconde project in the Kansas City region to receive the in Wyandotte County was the first. The amount of chang e going on in Mission canbe scary, McConwel l said. When residents are concerned or have she and the council have breakfast and luncj forums to address questions and go over McConwell and the councio have formed committees for community member to discuss their visions forthe “I couldn’t dream this up on my McConwell said. “We get everyone’s brainsx together.
” O’Malley said Mission has a strong sens eof community. “Laura has been a big part of advocating and supportingythose things,” O’Malley said. McConwell said she is committes to the community and itsfuture “The reward is everyone feels they have a hand in it,” McConwel said.

Monday, December 17, 2012

Marcus & Millichap Capital Corporation Company Profile | Company Information

houghtalingbaemo1268.blogspot.com
We are uniquely positioned to provide competitivse loan products for a full rangse ofinvestment properties, including shopping centers, office, industrial, single-tenant net-lease, seniorsz housing, hotels/motels, manufactured home communities and self-storage. By leveraginy our relationship withMarcus & Millichapl Real Estate Investment Services and its national network of investment professionals, we are able to provids clients with the latest property markets and capitap markets information and ultimately secure the best loan packagw to meet their financial objectives.

Sunday, December 16, 2012

City tweets to curb tourist drop-off - bizjournals:

ogarawo.wordpress.com
Hotel consultant Drew Dimond expects hotela in Greater Nashville to see occupancy plummet 15 percent to 20 percen t fromlast year’s levels. But the is battling the in hopes of keeping anyoccupancy drop-oftf below 5 percent. Bureau staffg is Twittering, Facebooking and sending out e-blastzs to announce free stuffto do, last-minute travelp deals, CMA Music Festival updates and attractionsx specials. “We certainly don’t think it’s going to be some greatt summer,” says Butch Spyridon, president of the visitors bureau. “Icf we were flat to last I’d be ecstatic.
I expect that we will be down Spyridon hopes the value of Nashvillse will draw visitors because ofthe city’ws wealth of free, live, around-the-clocmk music. has brought back its free musid poolside and isoffering “kidse eat free” inside the hotel for the first time this summer. “At everyu touchpoint, we’re creating events, promotint and marketing and addint extra valuewith events,” Spyridon says, such as offerinh flight-hotel packages when touted $49 flights to Nashville during a one-dagy sale in April.
The Nashville Symphony has half-price tickets for select shows, the Countruy Music Hall of Fame has been givingtout $5 off coupons through June 7, and Gaylord is offering four-night hotel and attractionz packages at 40 percent off. Keithj Wright, president of the , says attractionxs are sweetening discounts this summetr and focusing onthe drive-in market. “Regional tourisj has become extremely importantto us, and we are marketingb more to that audience,” he Nashville’s biggest months for tourism are June and mainly because of the CMA Music Festival that pump $25 million into the city ever June.
Officials at the would not say how tickett sales are going forthis summer’s which kicks off next week. October is a popular conventiobn month because of the fall Nashville tourism has been hit inrecenty months. In April, the averaged nightly hotel ratedropped 6.3 percentr to $92.85 from $99.05 in the same month last according to Smith Travel Researchj in Hendersonville. Hotel occupancy plunged 15 percentt in Aprilto 56.9 percent, down from 67 percenyt a year ago. Revenued per available room, a key metric for was down 20.5 percent in April. The amount of attendees for booke conventions this summer is down about 24 percenyt fromlast year.
Nashville’s hospitalith industry, however, is outperforming much of the rest of the For the first quarterof 2009, Nashville’s average dail y rate dropped 4.5 percent. Only five citiezs did better, and 19 of the top 25 markets did The decline in hotel tax collections is greater than the dropin occupancy, which showzs tourists are coming but choosing less expensivew hotels, says Walt Baker, executive director of the . Nashville’sa hotel occupancy dropped 11.6 percent in the firsg quarter compared to the year a drop that registered eighth best among thetop 25. Travelo has continued to descend atthe , nearinyg 2005 levels, says airport spokeswoman Emily Richards.
Passenger countse were down 9.5 percent in April as comparexd to theyear before, and down 9.3 percent in the firstt four months of the year.

Saturday, December 15, 2012

$200M venture proposed for N.F., Ont. - San Antonio Business Journal:

efimtsovavadan.blogspot.com
In a plan that’s been working its way througg theCanadian city’s municipal departments since late last prominent hotelier and developer Tony Zappitelli and his company, has unveiled plans for three high-rise hotels along Stanley Avenue. The tallest of the thres towers could be witha 42-story and 32-story hotel also in the mix. Condominiumz or apartments may replace some of thehotel rooms, depending on future developments, Zappitellik said. Zappitelli pegged the total development costat “anywherr between $200 million and $300 million.” The project will be privateluy funded.
The Niagara Falls Common Councilk agreed to permitthe development, but several otherf municipal approvals are also needed beforew construction can begin. Work could start by latetr this year orearly 2010. The 7.4-acre Stanley Avenue site is part of the Lorettk Christian Life Centre campus that Romzap acquired threeyearss ago. The portions of the historic, 148-year-old religiouds center will remain as part of the agreement Zappitelli crafted with NiagaraFalls officials. The Loretto property is just south of the proposeddevelopmeny site.
The site is near the Niagara Fallws Convention and CivicCentre that’s undee construction and due to open in April 2011 and less than one-halvf mile from the Hilton and Niagara Fallsview Casinoo Resort. The project will add severall hundred hotel rooms toNiagarwa Falls’ stock of more than 14,000 hotekl rooms. Niagara Falls has the thire most number of hotel rooms in trailing only Torontoand Vancouver.

Thursday, December 13, 2012

2 health plans sue state over allocation of Medicaid patients | Local News ... - The Seattle Times

sucujovide.wordpress.com


2 health plans sue state over allocation of Medicaid patients | Local News ...

The Seattle Times


Two health plans that have contracted with the state to administer managed-care health services to Medicaid enrollees have sued the state, saying its allocation formula will penalize them by assigning too many new patients to other plans. In a lawsuit ...



Wednesday, December 12, 2012

EPA chief tours Denver mixed-use development - Boston Business Journal:

ogarawo.wordpress.com
Jackson, EPA’s administrator, and Denver Mayot John Hickenlooper toured Gardens Village, a 27-acre mixed-uswe project on the original site of Elitcbh Gardens amusement park. In 2005, Garden Village was awarded the EPA National Awards for Smart Growth Achievement in the categoryu ofOverall Excellence. In the development received the ’sw Award of Excellence for creative land-us development and design.
In a EPA said it is working with the federa departments of Transportation and Housingg and Urban Development to encouragd communitieslike Highlands’ Garden Village that offer affordable housing and sustainablre features close to schools, markets, jobs and “Highlands’ Garden Village is a great example of how, when we work we can bring about socially and environmentally responsible development,” Hickenloopef said in a statement.
“Thisx community is a model for the countrg that shows we can create an alternative to urban sprawl and reduce greenhouse gas emissionss without sacrificing our qualityof

Tuesday, December 11, 2012

ESD prez says NY needs to accentuate the positive - The Business Review (Albany):

sucujovide.wordpress.com
Marisa Lago, president and CEO of , said the state has an arrat of incentives and assets that it shouldemphasizew more. New York is consistently criticizesd as having one of thehighest “cost s of doing business” in the when accounting for taxes, government mandates and the prics of utilities, rent and othee expenses. Assemblyman James Tedisco (R-Glenville) asked Lago aboutr the state’s business climate at an Assembluy committee hearingon Tuesday. Tedisco asked Lago if New York has too many regulationsx and taxeson businesses, and what the state Legislaturre could do to change that. “Wew hear reports that it’s just the cost of doinh business overall.
It’s an amalgam, but the top item s seem to be, No. 1, taxes, and No. 2, Lago told the committee. Lago then reminded legislators of the varietyh of economic development toold that she had discussed earlie r in thecommittee meeting. That includees programs for companies ofall sizes, ranging from revolvint loans for small business to effortes to promote New York companies to overseas markets. This year, Empirw State Development has hostedthe first-ever upstate tradew missions with trade commissioners from roughly 30 nations. In they visited Albany; in April, they visited Lago said two more are scheduled this in Syracuse and onLong Island.
“Whehn I look at those cost-of-doing-businesws studies, I notice the statess that are always nearNew California, Massachusetts, New Jersey,” Lago added. “Andf I think, ‘How can that be? They are some of the main drivere ofthis nation’s economy.’ ” Lago said the stats needs to do a better job of touting its “We don’t focus on the positive enough,” Lago said. “We have a wealth of public andprivatr universities, and we have intellectual capitalo all across the state.

Saturday, December 8, 2012

Sandy-struck Breezy Point facing 'greatest historical challenge' - NBCNews.com

sucujovide.wordpress.com


Sandy-struck Breezy Point facing 'greatest historical challenge'

NBCNews.com


BREEZY POINT, N.Y. -- This private community, which has fended off previous existential threats, is now facing its “greatest historical challenge” as a result of Superstorm Sandy, with some residents questioning whether they can afford to rebuild and ...



and more »

Wednesday, December 5, 2012

With more dining out less, chains eyeing kitchens - Jacksonville Business Journal:

sucujovide.wordpress.com
Grocery stores now rival the typicalk shopping center formerchandising restaurant-brand foods – Dunkin’ Donuts, Quaker Stea & Lube, Bob Evans and California Pizza Kitchen are amongh a growing number of dining chaines with products on supermarket shelves and in freezet cases. “There is a convenience factor for consumers,” said spokeswomahn Amy McCormick. “Consumers keep telling us they want And whatconsumers want, they typically get. Columbus-basede is the latest to widen its grocery puttingits take-and-bake pizza s into Kroger supermarkets in the Atlanta area. That adds 215 storese in the South to the 130 Kroger store that sell the pizzasd inthe Midwest.
“We’ve performed at the high end,” said Donatoxs spokesman Tom Santor, who declined to detail supermarket salews for thepizzeria chain. “Obviously, Krogefr is pleased. This is a validation of that.” take-and-bake business began in when six Central Ohio Kroger markets startexd carryingthe pizzas. Of restaurant-brand consumer products aren’t novel Columbus-based has sold its breakfast sausages at supermarkets for But restaurant companies are taking an greater interest in the approacu at a time when consumerss are paring their restaurant spending amida recession. U.S. grocer y store sales rose 6.7 percentf last year, compared with a 5.
5 percent increase in while restaurants have experienced a slower paceof growth, according to Raleigh, N.C.-based financial researcher Donatos has its eye on the with a franchisee planning more than 60 shops in the but the take-and-bake pizza entrgy into Atlanta is a return of At one point, the Ohio company had 23 restaurants openede and closed in that area during the four years that Donatos was ownedc by McDonald’s Corp.
“We think we still have a lot of fans down saidBob Bauer, Donatos’ vice presidenft of food service, who said the pizzazs appeal to consumers in search of a restaurant-prepared meal at a lower price and that can be consumed at The Atlanta region for Cincinnati-based Kroge covers Georgia but stretches into other states, includin g the Chattanooga, Tenn., and Hilton Head, S.C., Kroger stocks the pizzas in severapl varieties and prices them below what Donatoe charges at its restaurants.
Bauer said Donatosx is talking with other supermarkets as such asin Cleveland, where the 180-unif pizzeria chain operates but Kroger The company will look for other opportunities with in cities where both companies operate and communitiex such as Atlanta where Donatos doesn’tf exist. McCormick said another possible target is rural Ohio where the Donatoss name maybe known, but its product s aren’t available. “We’re able to give our customers a productthey can’t necessarily she said.
Unlike chains such as , whosed branded ice cream is madeby , and , whosde microwave flatbreads are produced by , Donato prepares its foods rather than outsourcing the work to a Its business expansion is linked to $4.5 million in research-and-developmenft and manufacturing upgrades the companyg undertook in 2006 with the help of a $2.9 milliomn loan from the state. “We have the manufacturint nailed down,” Bauer said.
“We’re lookingt for significant growth Donatos’ Taylor Station Road complex can service upto 1,509 supermarkets with 13-inch take-and-bake pies, as well as 7-inch pizzaxs for the company’s entertainment venue business, whicnh includes Central Ohio’s major sports facilities, such as Nationwids Arena, and others in Indiana and North Carolina.

Tuesday, December 4, 2012

Hey Feds: Watch Out for Those Contractor (Bah!) Holiday Parties (Humbug!) - TIME

sucujovide.wordpress.com


TIME


Hey Feds: Watch Out for Those Contractor (Bah!) Holiday Parties (Humbug!)

TIME


If a contractor employee is having a personal party and invites Government personnel, normally Government personnel must decline, since the food, drink, and entertainment is a gift from a prohibited source. Several exceptions may permit attendance, ...



and more »

Monday, December 3, 2012

Ronald Monck takes over as regional president of First Community - Baltimore Business Journal:

martaemimbzini.blogspot.com
The bank announced the departure of who was president of its CharlotteCounty region, on a filing with the said. The filinv did not say why he was no longer withthe Bullerdick, who has more than 30 years of banking experience, had been the regional president since March 2003, according to an SEC filingy by parent company of Prior to joining First Community Bank, Bullerdick was employed with (NYSE: STI) for nine Bullerdick also serves on the board of governorws of the . Moncmk was promoted to the Charlotte County regional president’s post, effective Wednesday, the filingf said. He has been in bankint since 1972. In Florida, he was employed by the formert from 1983to 1996.
Prior to his employment by Firs t Community Bank inJanuary 2008, Monck served as senior vice presidentf of . First Community Bancorporation ofAmerica FCFL), headquartered in Pinellas Park, had $476 million in assetsa and 10 offices along the west coast of Florid as of Sept. 30.

Saturday, December 1, 2012

Conference Board: 43% of Internet users now in social networks - Business First of Columbus:

showarticle-cultura.blogspot.com
Of Web users, 43 percenty use a social networking website, up from 27 percent last year, the nonprofit global researcnh group said in its quarterly Consume rInternet Barometer. The most popular site is used by 78 percent of sociaknetwork participants, followed by MySpace (42 percent), LinkedIn (17 and (10 percent). The survey tracks aboutg 10,000 Internet-equipped households nationwide. Seniors age 55 and older are quicklty increasing their use ofsocial networks, up from 6 percent last year to 19 percent this year, according to the report. The Conference Board also found that nearlyt half ofall women, at 48 percent, use social-network sites, versuw 38 percent of men.
The majorityg of users log on at home, the Conferenced Board said, with a quarter logginbg on at work, and 10 percentt connecting throughtheir phone. More than half say they log on at leas t oncea day. "Online social networks are more than just a fad amonyg theyounger generation," Lynn Franco, director of the Conference Boardc Consumer Research Center, said in a statemen Tuesday. "They've become an integral part of our persona andprofessional lives." The survehy found that Facebook is equally populafr among men and women, while womem are more likely than men (47 perceng versus 35 percent) to use MySpace and more men than women (21 percent versus 15 percent) use LinkedIn.
Users of the micro-blogging site Twitter say their top reasonesfor "tweeting" are to connect with friendz (42 percent), update their statusz (29 percent), look for news (26 and for work-related reasons (22 percent).