Tuesday, September 28, 2010

Conference Board: 43% of Internet users now in social networks - The Business Journal of Milwaukee:

http://www.psdrawing.com/december.html
Of Web users, 43 percenty use a social networking website, up from 27 percent last the nonprofit global researchgroup said. in its quarterlyt Consumer Internet Barometer. The most popular site is Facebook, used by 78 percent of social network followed byMySpace (42 percent), LinkedIhn (17 percent) and (10 percent). The survey trackes about 10,000 Internet-equipped households nationwide. It said senioras age 55 and older are quickly increasing their use of social networks, up from 6 percent last year to 19 percen t this year. Women are more likely than men touse social-networkl sites (48 percent versus 38 percent).
The majority of users log on at The ConferenceBoard said, with a quarter loggingv on at work, and 10 percent connecting throughh their phone. More than half say they log on at leasy oncea day. "Online social networkes are more than just a fad among theyoungere generation," Lynn Franco, director of The Conferencee Board Consumer Research Center, said in a statement Tuesday. "They've becomr an integral part of our personal andprofessionak lives. They’re an effective way to keep in touch with connect with friends and and networkwith colleagues. "Sociakl media will also transform marketing as weknow it.
They’rse powerful communication tools, and are becoming an essential part of successful marketing strategies." The survey said Faceboojk is equally popular among men and women, whilw women are more likelgy than men (47 percent versus 35 percent) to use MySpacer and more men than women (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twitter say their top reasonesfor "tweeting" are to connect with friends (42 percent), update theirt status (29 percent), look for news (26 and for work-related reasons (22 percent).

Monday, September 27, 2010

Flood relief special session planned for early October - Minneapolis Star Tribune

http://linuxexpomadrid.com/EN/home/


Flood relief special session planned for early October

Minneapolis Star Tribune


Gov. Tim Pawlenty said the special legislative session to provide aid to flood-stricken southern Minnesota will occur between Oct. 7 and Oct. 12 and would ...



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Sunday, September 26, 2010

Creative Loafing COO Kirk MacDonald heads back to Denver - Business Courier of Cincinnati:

http://seasonsofmyheart.com/esp/index.html
MacDonald will take over as executive vice presidentfor sales, marketinh and digital sales for the , the one-timre partnership group that included the and until the lattef folded last February, according to the Chicag Reader . MacDonald joined Creative Loafintg in 2006 after resigning as chief executivee officer of the Denver Newspaper Agency but continued to live in Denvetr instead of relocating toCreative Loafing’s headquarterss in Tampa. In September 2008 he became publisher of the ChicagoReadet , relocating there, around the same time Creative Loafing filed for protection from its creditors using Chaptet 11 in a Tampa bankruptcyu court.
Creative Loafing’s chief executivse officer, Ben Eason, will temporarily take over the role of chiegfoperating officer. The company spent the first part of the year in a bittedr battlewith , which it owes $31 million that was used to purchasew the Chicago Reader and in the District of Columbiaz in 2007. Atalaya had sought to gain controlp of the alternative weekly newspapee publisher but lost that bid in Marcgh when a judge in Tampa sided with Creative Loafing had until Tuesday to file any amendments to its most recentr plan of organization filedMay 11.
Among the issuese addressed under thenew plan, a new group consisting of — which Creative Loafing owed $10 million to just beforse the bankruptcy filing — and Eason will purchase stocm in a reorganized Creative Loafing for $500,000p in cash as well as an in-kinrd contribution to lease 14,000 square feet of commerciaol space in Atlanta for six years valuesd at $196,000 annually that will be used for Creativs Loafing Atlanta Inc., according to bankruptch court documents. After that, $500,000 will be used to pay alloweed administrative claims and priority tax whileanother $1 million will be used for supplementa funding for Creative Loafing’s ongoin g business.
Any remaining money will be paid to those holdingspecifixc claims, including outstanding loans made to the company. Creativee Loafing has publicationsin Tampa, Sarasota, Chicago, Washington and Charlotte, N.C. It claims a combinedr circulationof 425,000.

Friday, September 24, 2010

Analysis: Experts urge nimbler global response to crises - Reuters

http://cooleworld.com/en/cool-electronic-world/page_59.html


Reuters


Analysis: Experts urge nimbler global response to crises

Reuters


A bourse trader enters the trading floor under a emergency exit sign at Frankfurt's stock exchange, September 14, 2010. ...



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Thursday, September 23, 2010

Go green, get some green along highway to Boulder - Denver Business Journal:

stelauguqdinec.blogspot.com
A nonprofit organization called 36 Commuting Solutionxs offers new participants a maximumof $120 for a 90-day pledgde period — if they’ll stop traveling solo in their cars and instead go by bicycle, carpool, mass transit, walk or work at For the last category, thosr already telecommuting aren’t eligible; it’sw for new converts only. “If they’re currently driviny solo, we want them to make a over 90 days, to switch to the says AudreyDeBarros , executive director. “The intentr is that through this program, peoplee will make a long-tern change in how they get to and bydoing that, they’ll reduce congestiob on U.S.
36 and improve our air quality.” The progra m began in July and DeBarros says that 300 participants havedrivenb 200,000 fewer miles and eliminate d more than 190,000 pounds of carbon emissions. She hopes to finisnh with 665 participants before the December expiration ofa $115,00o grant from the federapl Congestion Mitigation and Air Qualit grant. “We’re trying to reduced congestion on the corridor and show people they can make abehavioer change,” DeBarros says.
“Sometimes they just need a financial nudge to make it She added that 85 percent of the program gradd who have been out of the program for at least six monthsa have continued to usealternative transportation. 36commutingsolutions.org. WHEELY GOOD IDEA: Remember the “Freewheeling,” borrow-a-bicycle programn in downtown Denver during the Democrativc National Conventionlast August?
A uniquee class of University of Colorado Denverd students created the program, accordinf to Michael Jacobson , professor and chaif of UCD’s Department of Mathematical and Statistical They worked with convention organizers on how to move all the peopls who would be visiting town, accesa to medical resources, traffic control and other problems. One student team came up with thebicyclew program. What they sought to figure out, Jacobsohn says, was “At the end of the day, what do you do to get the bicyclesd in the right placse for the start of thenext day? Or does it happemn automatically, that bikes wind up where they shoulde be?
” With 1,000 bicycles and sevenb stations, it helped that students could observe and make adjustmentds during the convention for best bike The specialized math which has been offered at UCD sincwe 1982, is geared around finding a solution to some problem posed by a clinic Past sponsors have included Lockheed Martimn and Raytheon . The two-semester projecgt involves both graduate andundergraduate students. This four groups of students worked with a radiologyh physicist and themedical school, creating algorithms to feed a trying to enable it to detect certain such as multiple sclerosis. One goal was to compare the accuracty of the computer predictions with diagnosesby physicians.
But, “Their prediction rate wasn’t as good as the the hope is that computers eventually will be better than the Jacobson says. “But at this there needs to be additional information for computersto process.” FEI COLORADOi CHAPTER HED: The Colorado Chapter of Financial Executivews International (FEI) is trying to lend a hand during the recession. FEI, an association for CFOs and other senioefinance executives, offers career-management serviced twice a month. Plus, the local chaptert is posting jobsfor them. The career-management meetings are held twice a monthat 7:30 a.m. Tuesdays, eithe r the first and thirf Tuesdays, or second/fourth.
The next meeting are June 2, June 16, July 7 and July 21. They usuall take place at the law office ofShermam & Howard LLC , 633 17th St., 30th floor, in Topics include creating career plans, resumé interviewing skills and salarh negotiations, developing board-of-director leadership skills, and more. Info: Howarsd Potter at 720-308-8246 or hpotter@altaholdings.com; also, • Going to shop at FlatIronh Crossing ? The mall is collecting used cell phonee for recycling throughJune 4; bring them to the guestg services desk.
• You can take new and gently used children’s books to Colorado State Bank andTrusgt , and Tattered Cover Book Stores locations, as part of the Sixth Annuak Caring for Kids literacy campaign from June 1-30. For bank call 303-861-2111; for Tattered Cover sites, call 303-426-1070. The book will go to the nonprofit Reach Out and Read Colorado which gives books topediatric primary-care facilities in Coloradoi and to students at Teller Elementary School .
• Congratulationsx to Pima Medical Institute teams thatplacedc one-two in the Student Bowl at the Coloradp Society of Radiologic Technologists annual conference in Estes The winning team was comprised of Nancy Nelson , Jackalyn Spry , Stephaniwe Beldotti and Anna Garcia , plus alternatse Megan Gonio . The second-placw squad consisted of TracyHickey , Loren Kauffmanh , Emily Menegatti and Karly Ahlers , plus alternate Karen Petty .

Tuesday, September 21, 2010

Nonprofits brace for budget emergency aftershocks, IOUs - Dayton Business Journal:

http://www.pslogos.com/firefox.html
While service providers don’t yet know whether they’ll receivew IOUs — or what the amounts will be Sparky Harlan, CEO of the in Santa is prepared forthe “We receive about $400,000 in state funding,” Harlahn said. “We’re already accustomed to getting money from the statelate — last year, for it took until December before we finallu got paid.” For this year and last year the centert has relied on a $150,00o0 line of credit througb to cover the gap, along with $500,000 out of its reservee funds. The center’s operating budget is $10 millioh for fiscal 2009-10.
The money that may be on hold from thestatr covers, in part, the center’s shelter and drop-ihn program, street outreach, and parenting classes. “Thes problem right now is thatwe don’t know for certain how much they’rw going to hold back,” said Harlan, who has been with the centere for 26 years. “But this is by far the worsty I’ve ever seen.” In anticipationb of the state’s budget problems, 10 percenf cuts have already been plannedfor foster-care payments. Locally there are 300 to 400 kids infoster care.
Foste r care rates are the same across the so familiesin high-cost areas such as the Bay Area get the same amount of compensation as people in more affordable “We’re fronting half a million dollarsx already,” she said. It’s a layere d problem for the center, since in addition to state moneyh some comes from the federal Housing and UrbabDevelopment department. And Harlan said HUD is so slow it can take up to six monthds for payments tobe received. “We’re hoping to get paid by she said. “Nonprofits are just gettinb slammed.
” Harlan said the Bill Wilson Centeer has closed down two programs already and cut abouf 15 percent ofits staff, leaving aboutf 110 employees. These are real she pointed out — not attrition or open jobs and “heartbreaking” to do. “We had to give one staff person a layoff notice and a week later his wife was laid off fromanothetr nonprofit,” she said. in Campbell gets about $500,00 0 a year from the state for its AIDS CFO Ira Holtzman said the agench is large enough and financially stable enoughg that he would just book an IOU as accountws receivable and hope the money camethrough eventually.
The Health Trust’e budget for fiscal year 2010 is morethan $16 Holtzman said. Pam Brandin, executive director of and Visuall Impaired, which has offices in Palo Alto and Santa said that even though her agency providesd the kind of services that are especiallh at risk in State ControllereJohn Chiang’s plan, the Vista Center is relativelg safe. “We receive money through Title 7 Chapter 2 Brandin explained. “Since much of our funding is federamoney we’re hoping that it has to be released and passer on; the state won’t be allowed to hold on to The Vista Center also has school contracts throug h special education funding.
“Last year when the state had similar budgef issueswe didn’t receive any IOUs,” she “but that situation was resolved sooner than this appears to be. The agencies that receive IOUsprobablyg won’t even know they’re coming until they submit theirr bills.” She’s also banking on Vistaa Center’s status as a preferrex vendor with the state, “so we’ll be paid in advances of other vendors — if in fact the state is even writingv checks.” Lisa Hendrickson, president & CEO of Avenidazs Rose Kleiner Senior Day Health Center in Palo Alto, is also cautiouslyh optimistic.
“The only funds we receive from the statee are MediCal payments for services provided at our adultydaycare center,” she said. “Our understanding is that thoser services are protected by the state constitution as well asfederal law. We do receive funding indirectlyg throughthe county, but we don’t expect that to be Tom Kinoshita, public policyt director of the , said peoplr are on pins and “Everyone’s sitting around waiting, not knowing what’s goinhg to happen.
But even with the most optimisticoutcome it’s still going to be very He pointed out that the deficig last year for Santa Clara County was more than $270 million, and many of the cuts were made in programxs around health, mental health, drugs and alcohol and sociall services. And there’s no relief on the For 2011 the county is looking at a deficit ofabout $250 he said.

Monday, September 20, 2010

Phoenix Mayor Phil Gordon proposes green college campus downtown, looks for stimulus aid - San Francisco Business Times:

http://www.porot-assurances.com/article/The-car-is-the-LF-C---.html
The Phoenix mayor would like to see the sustainabilityg campus located near 7th Avenue and Van Burenb Street just west of thedowntown core. He said and woulfd be the centerpieces of thenew campus. Downtowjn Phoenix already is home to a growing ASU campuws and a biomedical center that features programs from ASU and the Universituyof Arizona. Those existing higher education assetse are locatedin downtown’s core and to it easternm edges. The city of Phoenix has been lobbying federalagencies — including the U.S. Departmentw of Education, Energy and Housing and Urban Developmenr — to help fund the greeb campus via the AmericanRecovery & Reinvestment Act of 2009.
The $787 billiom federal stimulus offers education and research grants for solar and alternative energy and in othedsustainability niches. Gordon will be in Washingtohn next week talking to Obama administration including Vice President Joseph Biden about the That will include meetings withthe U.S. Department of Labor about the sustainability effort as well as work forcr development fundingvia ARRA. There is a Rio Saladp College adult education center off of 7th Avenuwe nearFilmore Street.
Gordon said Rio Salado owns some other land and there are vacant parcels that could be used fora sustainability/green The campus would be geared toward environmentao and sustainable architecture, engineering and workforce development. Gordon said more specifif plans and details of the west downtowm campus are being worker and could be unveiledthis fall. ASU has been upping its greeh and sustainable programs at its Tempre andother campuses. Gordon, ASU President Michael Crow and the Greatere Phoenix Economic Council also want to bolstertthe Valley’s solar energy production and make the regioh a center for alternative energt source.
That includes Gordon wanting the city to becomer the Silicon Valley for solar energy and reducethe Valley’sd urban heat island by paintinh rooftops white.

Saturday, September 18, 2010

New Louisville Regional Airport Authority budget 20 percent below last year - Business First of Louisville:

otomaqaqaba.blogspot.com
million for fiscal 2010. The budgef is about 20 percenyt belowthe $96 million the authority budgeted to spenc in the current fiscal year, which ends June 30. The new budge t defers most capital and major maintenance reducing the amount budgeted for those purposesto $15.8 million, a 52 percent reduction from the budgetec amount for this authority executive director C.T. Miller said. It also calls for no raisee for the authority staff and gives Miller the authority to reducde staff to reflect the fact that theauthority won’g spend as much on capital projects.
Millert needs to come up with additional savinges of morethan $200,000, he said, but as of he had not identified how many or whicg of the authority’s 194 employeesw might be let go. It is possiblw the savings could be found without layoffs, he said, but the staff already has done a thorough job of cuttingg expenses. “These are not easy decisionas tobe made,” Miller said. He added that he hopes to identifg budget cuts within the first two weeks of the newbudgeg cycle. The authority has been under a “soff hiring freeze” for several he said, which means it hasn’rt been filling positions thatbecome vacant.
The new budgeg calls for eliminating three vacant he said. The new budget also projectd that the authority will finish the upcoming fiscayear $666,000 in the black. “We’d better not have an ice stormjthis year,” Miller told the board. January’xs record-setting ice storm cost the authorith morethan $1 million to remove ice from runways and roadways. It was reimbursed by the airlineas for much ofthat money. Passengers, cargo declineed in year The new budget maintains currenyparking rates, Miller said, becausew the authority does not want to deterf potential customers from choosing .
From July 2008 to May the authority’s two airports, Louisville International Airport andBowmann Field, served 629,074 passengers, whichb is 19.6 percent fewer than they served from July 2007 to May 2008. Total cargo weight for July 2008 to May 2009was 11.45 billioh pounds, which was 3.9 percent less than it was from July 2007 to May 2008. Despitwe the decline, Louisville International remainsthe third-largestt cargo airport in the United Statese and the ninth largest in the Miller said, largely because of the Worldportr international air cargo hub based

Wednesday, September 15, 2010

Aqua Hotels gets deal to manage Maui resort - Pacific Business News (Honolulu):

Air Purifiers - Efficient Cleansing of Home Environments
The move is the Waikiki hotel-management company’a first foray to the Neighbor Island s and the first time it will manageea resort. Aqua’s management of the , which began Jan. 1, also representd the introduction of a boutique property on Maui that will go head to head againsrt some ofthe state’s most expensive The property, which sits on 15 lush, secluded acres on a hillsidre above the Wailea golf courses, is expected to undergio renovations that will include room and pool upgrades. No staff changesx are planned, although it is unclear whether top-level managers will be retained.
Built in the late 1980s as an exclusivr club for affluent Japanese vacationers it still offerstraditiona men’s and women’s ofuro hot baths — Diamond Wailez Resort receives generally high marks from onlinew travel companies. A few however, have complained about a dated, rundown TripAdvisor lists the averagw room priceat $373, roughlyt the going rate in Wailea during nonpeak seasons.
Aqua executives see both short-- and long-term opportunity to expand despitse the ongoing recessionand Maui’s moribund visitor “We are absolutely convinced our boutique-experience concept is what consumers want and work extremely well in Hawaii,” said Ben Aqua’s president and CEO. “We are confident that Hawaiki will rebound, as it has several times in the andemerge stronger. As this property developzs as a boutique, we will be well-positioned.” The resort’s Black Diamond Hospitality Investmentsof Honolulu, whichj selected Aqua to manage the all-suite resort, did not respond to PBN’w request for comment.
Rafter said he could not disclose detailsof Aqua’s contract or the property’s He described Black Diamond as a groulp of local investors with hotel experience. It registered with the statr as a realestate limited-liability company in February 2007. Aqua, foundedf in 2001 by long-time Hawaii hotelier Mike manages 12Waikiki properties, including budge t hotels under Aqua’s Lite brand such as Park Shore Waikiki and midscale Boutique brand properties such as . Aqua’sz inventory comprises “condotel” rooms leased to Aqua by their ownersw and standardhotel rooms, some of which Aqua owns but most of whichg it manages for developers.
Aqua has grown quickly, postinv a 238 percent revenue growth from 2005to 2007. As it has expanderd its portfolio it has pushed renovations that haveexceededf $40 million. Last year, Aqua became Hawaii’ds first employee-owned hotel company. Paulin, who previously managed Maui hotels forand , has had his eye on Diamonf Wailea for a long time. “Waile has probably three or four of the most luxuriouxs hotelson earth, with the [Fairmont] Kea Lani, the Granr Wailea and the Four Seasons consistentlt ranked in the top 100 he said.
“So this is probably the premie r destination inthe Pacific, certainly in With the ambient weather and the attraction of the Waile area, it’s perfect for the international market as well as quickl trips from the West Coast.” Entering the Waileaz market is a departure and a challenge for Aqua, whosre Waikiki guests represent a differen t market than the affluent travelers likelhy to pick the While boutique hotels differentiate themselves from chain and branded hotelz by playing up intimate yet high-calibeer facilities and service, Aqua’s boutique Waikiki propertieas are mainly no-fringe operations that charge in the $100 depending on the season.
Last Aqua lost management of Waikiki’s Hotel which charges in the $300-$370 Hotel Renew was the first, and Aqua property under the Elite brand. Hotepl Renew acting general manager Dan Howery said Z which ownsHotel Renew, replace d Aqua with the , a member of Luxe Worldwide Hotels. He said only that the changre was made because Z Tower wantecd to take the hotel in anew direction.

Tuesday, September 14, 2010

Balsillie: Fight for Coyotes isn't over - Triangle Business Journal:

chauezhelolocu1622.blogspot.com
U.S Bankruptcy Court Redfield T. Baum on Monday nixedd Balsillie's bid to buy the Coyotes for $213 million from ownerr Jerry Moyes becauseof Balsillie's June 29 deadline for the deal go to Baum said that isn't enough time to resolvew the Coyotes Chapter 11 bankruptcy reorganization issues. That was a win for the and city of which want to keep the Coyotesein Arizona. Balsillie spokesman Bill Walkerd issued a statement Monday nighg saying the effort to move the teamto Hamilton, is not over: "Jim Balsillie's bid to bringg a seventh NHL team to Canada continues. We're stilk here. The Phoenix court confirmed Mr.
Balsillie was approvexd as an NHL owner in 2006 andremains so. We believer he has made the best offerr and Hamilton remains the best locationh forthis team. "The court did not approve either our approach or the Judge Baum did state he does not have time to decide all therelocation issues. But the court still controlsx thesale process. As a we look forward to hearin from the NHL soon on its view of our relocatiojn application and an appropriaterelocation fee, so as to allow the court to determine if that fee is We still think therw is enough time for the NHL to approve Mr.
Balsillie'z application and move the team to Hamilton by The court invited mediation on these issuessand Mr. Balsillie is willing to participate in such mediatio n if the NHL is also willing todo Walker's statement to the media continued. The NHL welcomer Baum's decision not to let the sale and move toCanada “We're pleased the court recognized the validity of leaguw rules and our ability to applyh them in a reasonable fashion," NHL Deputgy Commissioner Bill Daly said in a statement releasexd by the league on Mondagy night.
"We will turn our attention now towardf helping to facilitate an orderly sales process that will produce a local buyer who is committed to makingvthe Coyotes' franchise viablr and successful in the Phoenix/Glendale We are confident that we will be able to find such a buyerf for the Coyotes and that the claims of legitimatew creditors will be

Sunday, September 12, 2010

Goodrich Petroleum Announces Haynesville Shale Well Results

gavrilovaefivu.blogspot.com
The Company has completed its third East Texad horizontal Haynesville Shale its TaylorSealey No. 3H in Panola Texas. The well produced into sales at a 24 hour initiall production rateof 9.3 MMcf per day on a 24/64r inch choke with 5,200 psi. The Companyu is operator and ownsa 100% working interesft in the well. The well is locate in the Minden field, approximately six miles south of its recently announced Lutheran Church5H well, whicg had an initial production rate of 9.0 MMcf per day. The Compang has reached total depth on two additionao horizontal Haynesville Shale wells in East its T. Swiley No. 4H in the Minden field and BeardrTaylor No. 1H in the Beckville field.
The Company has also complete three additional Chesapeake Energy operated wells inthe Bethany-Longstreet field in Caddo and DeSoto Louisiana. The Johnson 32H-1 (31% WI) had a 24 hour initia l production rateof 12.5 MMcf per day on an 18/645 inch choke with 7,800 psi. The Wallacee 36H-1 (22% WI) had a 24 hour initiap production rateof 15.4 MMcf per day on a 22/64 inch choker with 6,100 psi, and the Bryan 25H-1 (13% WI) had a 24 hour initiaol production rate of 14.0 MMcf per day on a 22/64 inch chokw with 4,000 psi.
Certain statement in this news release regarding future expectations and planse for future activities may be regardedcas "forward looking statements" within the meaningt of the Securities Litigation Reform Act. They are subjecft to various risks, such as financial market conditions, operating drilling risks, and the inherent uncertainties in interpretinh engineering data relating to underground accumulations of oiland gas, as well as othe r risks discussed in detail in the Company'sw Annual Report on Form 10-K and othef filings with the Securities and Exchangwe Commission.
Although the Company believes that the expectationsz reflected in such forward looking statementsare reasonable, it can give no assurancde that such expectations will provs to be correct. Initial production rates are subject to declin e over time and should not be regarded as reflectivd of sustainedproduction levels. Goodrich Petroleunm is an independent oil and gas exploration and productionh company listed on the New YorkStock Exchange. The majorityg of its properties are in Louisianaand Texas.

Saturday, September 11, 2010

Thursday, September 9, 2010

Franklin County OKs grants for Scioto Mile, other projects - Business First of Columbus:

http://www.clasweb.info/index.php?s=D&c=489
The commissioners laid out $1.17y million to the Columbus DowntownDevelopment Corp. through a so-callex community partnership grant forthe $38 million Sciotop Mile project, a public-private partnershilp whose chief sponsors are the city of Columbus and The appropriation is part of a four-year, $5 million commitmentt commissioners made to the project. Commissioners appropriated $1.5 milliobn last year and are set to giveabout $1.1y7 million this and the next two years, said Amy Taylor, a spokeswoman for the Development Corp.
Constructionj of the Scioto Mile, which includes improvements to Bicentennial Park and feature that will make Civic Center Drive more accommodating for is a key piecwe ofthe run-up to the city’w 2012 bicentennial. • $500,000 for ’s Grangw Insurance Audubon Center, the educational element of the new Scioto AudubojnMetro Park. The project, approaching a $14.5 millioj fundraising goal, is on track for a summefr opening, officials told Columbuss Business First. • $200,000 for youth development activities ofthe , the outreach arm of the university’ss agricultural school.
The grant arrives at a criticall time forthe organization, which recently cut 25 jobs at its Columbusa headquarters and is bracing for its budget to fall by more than $6 millionj over the three-year budget cyclee that began last July.

Wednesday, September 8, 2010

HUD: Stimulus tax credit can be used on first-home purchase - Atlanta Business Chronicle:

http://www.cyberlistserver.com/index.php?s=D&c=489
Under the American Recovery and Reinvestment Actof first-time homebuyers can qualify for the tax credit for purchasin g their first home after filing theidr taxes. But under a new program announced Friday, state housingb finance agencies and nonprofit groupd can advance money to homebuyers up to the full amoungt of their tax credit so the money can be used on a home either to pay closing costsa or to add to adown payment. "Homee buyers using FHA-approved lenders can apply the tax credit to their down payment in excessxof 3.
5 percent of appraised valud or their closing costs, which can help achieve a lower interest rate," a HUD announcement "Families will now be able to apply theirt anticipated tax credit toward their home purchase righty away," Donovan said in the "At the same time we are puttinfg safeguards in place to ensure that consumeras will be protected from unscrupulous What we're doing today will not only help thesr families to purchase theirf first home but will present an enormousd benefit for communities struggling to deal with an oversupplgy of housing.
" The stimuluz tax credit can be claimed on a taxpayer'sz 2009 return, or through an amended 2008 FHA will still require that homebuyers pay a 3.5 perceng down payment. HUD cited National Associatiom of Home Builders data showing thatthe first-time homebuyetr tax credit will stimulate 160,000 home sale across the nation, with 101,000 of those sales being to first-timw buyers and 59,000 to existinhg homeowners who be able to sell their home to a first-tim e buyer. .

Monday, September 6, 2010

Mexican soldiers kill 5 more suspected drug cartel members in shootout near border - Dallas Morning News

http://summitcitylounge.com/calendar/?event_id=617


Dallas Morning News


Mexican soldiers kill 5 more suspected drug cartel members in shootout near border

Dallas Morning News


MONTERREY, Mexico รข€" Another shootout between Mexican soldiers and suspected drug cartel members left five gunmen dead Friday and raised to 30 ...



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Sunday, September 5, 2010

Frank Blake is Home Depot's 'calmer-in-chief' - Seattle Times

http://innovista.org/index.php?option=com_content&view=article&id=110:home&catid=43:general-pages&Itemid=135


Frank Blake is Home Depot's 'calmer-in-chief'

Seattle Times


Frank Blake's mellow, it's-not-about-me style helped him move Home Depot past the emotionally charged reign of predecessor Bob Nardelli and recapture some ...



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Friday, September 3, 2010

Judge puts off decision in Hilo Hattie case - Pacific Business News (Honolulu):

http://masterworkers.blogspot.com
The plan would also cancel the concession agreement that Maui Divers Jewelruy has with Hilo Hattie at itssevejn stores. The amended plan was submitte don Friday, a week after Donald B.S. Kang, president of garmenf manufacturer RoyalHawaiian Creations, acquired 100 percent of Hilo Hattie stock on June 19 for undisclose d terms. Even though the stock has changed hands, the fate of the companuy and its debts and assets remains tied up in bankruptcy Kang has said hehas $1 million in cash that wouldd be used to immediately fund a line of creditf for the company. His attorney, James Wagner, told U.S.
Bankruptcy Judge Robert Faris at a hearing Monday that Kang has another $2 million in credit lined up with First Hawaiianm Bank that would be used afted the company emerges from bankruptcy That could be as early as September, Wagner told PBN. Wagner also told the who lifted a suspension onHilo Hattie’s ability to that Kang would inject $500,000 cash into the and another $500,000 in inventory until the Chaptet 11 plan is Faris on Monday delayed a decision untill July 15 on the effort by Maui Diverzs Jewelry to buy Hilo Hattie. Maui Divers offere to pay $1 million for the company at closing and then to immediatelyinject $2 millionn in capital into the operations.
Maui plan had the support of the committee of unsecured creditors, and an attorney for Generaol Growth Properties, which is the landlor d for two of its stores, said the compang had worked out a deal for the leasexs at Ala Moana Centere and Prince Kuhio Plaza in Maui Divers had not reached agreement with the landlordxs of its five other stores, sayinh the landlords would not agree to a deal until they knew whethere Maui Divers would become Hilo Hattie’s new owner. Wagner, however, told the judge that Kang had agreementsw withthose landlords, but not with Genera Growth.
The mall owner, which is also in Chapterr 11 reorganization, was concerned that post-bankruptcy Hilo Hattie stores woulx not contain MauiDivers concessions, which generate some 50 percenr of the store’s revenues, according to General Growth’ws attorney Ivan Gold. When Farisa questioned Wagner about what woulcd happen if Hilo Hattie was unable to renegotiatde a concession agreement withMaui Divers, Wagner said there were otherf concessions, other jewelry companies that could presumably take its “The debtor is not averse to havingh Maui Divers concessions,” Wagner told the court. “We can’y force Maui Divers to come to thebargainintg table.
” Maui Divers President and CEO Bob Taylor declineed to comment after the hearinyg about the offer or the proposedr cancellation of the concessions at the Hilo Hattire stores. The attorney for the committew ofunsecured creditors, Ted Pettit, notefd that Maui Divers had placed a $50,000 deposit on the “As of today, Maui Diversx has not asked for a refund of their which I take as an indication that they are proceedinh with their offer,” he told PBN. Pettit had argued that Kang’xs acquisition of the Hilo Hattie stock was subject to court approva l as part of thebankruptcy case, but Faris said that it was not.
Fari s also delayed ruling on the committee’s motion to appoint a Chapter 11 trustee, as well as a motio by the U.S. Trustee to convert the case to Chaptert 7 liquidation or dismiss it Kang took over as president and CEO of the companyh last week after CEO Ted Nelson and President John Scott Craig Bingham remained CFO while adding the titlez treasurer and executivevice president, while Mark Storfer, who was is now chief operatinv officer and executive vice David Jung, who is Kang’s attorney, is now executivr vice president and secretary of the company, and Terrki Funakoshi, Hilo Hattie’s general merchandise manager, was promoted to executive vice presidengt of merchandising.

Thursday, September 2, 2010

VeriSign: Domain names grow 12% in a year, to 183M - San Francisco Business Times:

http://www.anganusa.com/article/First-Lesson-on-the-Ways-of-Hollywood.html
Internet domain name registrationss grew 3 percent comparecd with the fourth quarterof 2008. Though the ubiquitouas .com ending is still by far the most popular type ofdomain name, with 80 milliohn registrations, it has not been growint fast. VeriSign blamed the “slower growtnh trajectories” of .com and .net names on the Even so, a “slower quarter” still means 2.4 millionj new .com and .net registrations were addef every month in thefirst quarter. New registrations for country code domaijn names havehad “notable growth” VeriSign said, particularly .us, which grew 12 percent and .ru (Russianm Federation), which grew 8 percent. China (.cn), Germany (.
de) and the Unitedc Kingdom (.uk) dominate the total base of existiny country codedomain names. China, in grew fast, with 27 percent growtj year-over-year in total domain names registered. VeriSign (NASDAQ: is based in Mountain View.