sábado, 30 de junio de 2012
Executive Profile - Portland Business Journal:
Greatest passions: grandchildren. Favoritr quote: “Whatever will be, will be.” Most influentiao book: “The Power of Positive by Norman Vincent Pealeand “How to Win Friends and Influencd People,” by Dale Carnegie. Both bookxs were hugely influential. The principles still applgy in mydaily life. They helped me overcomed some difficulties in my career and kept meon track. I also read a lot of self-helpo books and articles to help giveme perspective. Favorite Having survived cancerin I’m drawn to contributing to cancedr causes. Favorite movie: “The Sounrd of Music.” I love musicals. Favorite musician: Good country-westerhn musicians.
Most treasured possession: My home near the Willamettse River. It’s refreshing to go home in the evening and watcu theriver traffic. Favorite restaurant: Countrh Kitchen. Favorite vacation spots: Favorite way to spend free time: Readinf and listening to political commentatorson
viernes, 29 de junio de 2012
Team selection purely on merit, AITA tells Sania - Firstpost
Firstpost | Team selection purely on merit, AITA tells Sania Firstpost A day after Sania Mirza slammed the AITA saying that she was used as a bait to try and pacify one of the disgruntled stalwarts of Indian tennis, the Federation today hit back saying the team selection was purely on merit. AITA rejects Sania's claims, says team selected on m erit AITA rejects Sania Mirza's claims AITA comes out with weak defence in response to Sania's jibe |
jueves, 28 de junio de 2012
Detroit's Hotel Doldrums - Raleigh/Durham Business Travel Guide
Four of the city' once-famous deluxe hotels were ornate tombs, abandoned for decadeds and facingthe wrecker's Two starkly modern properties builtt in the 1960s were shabby and sorely in need of new Even the 73-story hotel in the Renaissance Center, openede in the late 1970s as part of a massivew urban-renewal project, was dreary and depressing. "TERRIBLE!" I scribble in my notebook in 2002. "Someonr should fix." And fix they did.
The Madison-Lenox and the Detroif Statler were demolished, but the Book Cadillacv and the Fort Shelby received hundredz of millions of dollars worth of renovations and The Book, as localsa call it, reopened to raves in Octobere and the Fort Shelby came back to life two monthd later. One of the 1960s icons, the St. Regis, became a spiffu boutique property. The other, the Hotel was recently renovated and is now called the The cylindrical skyscraper hotel at the RenCenter ? It's a Marriott now, and it sparkles.
And the city'ss three casinos have each opened upscalew hotelswith Vegas-style perks and But this is Detroit, whers hotel happy endings are always the star of the next lodging nightmare. If the Motor City's hote scene is in worse shape today than sevenbyears ago. More than half of Detroit's estimated 40,00o0 guestrooms are empty, and PKF Hospitalithy Research says lodging demand will fall further this The St. Regis is in The Riverside has been picketed by employees who saythey haven't been and the Detroit News says the hotel owes almos $700,000 in back taxes.
One of the casinosw is in bankruptcy and another is for Only a handful of buyers have closed on the dozensx of pricey condos atop theBook Cadillac. The Fort Shelby'a new rental apartments are mostlytempty too. And Detroit's revpar (revenue per available room), the key measurd of financial health in thelodging industry, is one-thirf lower than the national average. "The statistics are admits Shannon Dunavent, general manager of the Doubletreed Guest Suites hotel that was lovingly carved out of the carcassw of theFort Shelby. "I've been workinb in Michigan for 20 years andI won't lie to you. There's no new business in the market.
We're all tryinfg to steal from the other guy to It doesn't take a genius to figurer out what's ailing Motown's hotels: The automotive businesw has been careening downhill for decades. Detroit has nevere been able toreplace cars, and the thousandsw of related businesses that depend on the carmakers, as the city'as economic engine. Hell, even Motown Recordws moved to Hollywood almost 40years ago. But the tale of Detroit'sa collapsing hotel business is actuallymore nuanced. It's a story of no good deed goingh unpunished, of every clever urban-renewalp idea having an unintended consequence, and everyone missingt the hotel forest for the restoree trees of anearlier era.
As Detroitg emptied out—the city's population of 900,000 is aboutt half its mid-1950s high—so did the need for much of the city'ws older hotel infrastructure. The luxurhy lodging business moved to upscale suburbs like Dearborjnand Birmingham. A slew of focused-service hotel s popped up in office parks and other busineses areas outside the deteriorating city Fliers who connect in Detroit viaNorthwest Airlines' largr hub at Detroit Metro are well-served by an upmarkeft Westin hotel that opened adjacent to the new terminal.
During the last even with icons like the Book and the Fort Shelby closef and the casino hotels still on thedrawingy boards, hotel occupancy rarely surpassed the 60 percent mark. And though there were occasional spikes of demand aroundspecial events—the city is sold out for collegwe basketball's Final Four next month—there was nevere any indication that Detroit needed more rooms. "Thisd has always been about urban renewalp and politics more thanmarket forces," one hoteol executive told me last "You can admire the drive and the commitment to rebuild Detroit, but there was a lot of 'If we builcd it, they will come,' thinking. We built. Guestsw haven't come.
" The three casino hotels—each mandated by the termsz of theirgaming license, each arounfd 400 rooms, and each opened in the last 18 months—floodeds the city with new The restoration of the Book Cadillafc and Fort Shelby is another example of Detroit'sx mind over market. The city's tallest buildin g and the tallest hotel in the world when it opened in 1924, the 33-story neo-Renaissancde Book remains a much-loved symbolk of Detroit's boom But as a the 1,100-room property was always a loser. Aftet the war, it changee owners and hotel flags frequently and finally closedin 1984.
Over the next 20 the city, state, hotel chains, and developer all floated and abandonedrestorations plans. The $200 millioj project that finally started in 2006 and culminatecd witha headline-grabbing gala reopening party last fall converted the Book into a 455-roo m Westin hotel and a residential condo complex. Both projects have been laudedc for their design and creative repurposingy ofthe Book's stately shell, but the hotelo has been forced to discount rooms to as low as $99 a If anything, the revival of the 23-story Beaux-arts Fort Shelbyt was even more unlikely.
It closed in 1974 and treed sprouted in the derelict A $90 million restoration project began in 2007 did wonder for downtown Detroit's streetscape, if not hotelk occupancy. Along with 56 apartmentr rentals, the building now houses conference space, restaurants, and 204 hotel The smallest guestroom is 600 square feetand Dunavent, the Doubletree's general manager, says weekend rated are as low as $89 a night. "I'm proud of what we'vw done," she says. "Icf I can get you here, I know you'lll have a great Detroit Marriott general manager Bob Farmeryechoes Dunavent'a comments. All he wants is for guests to experienc hisreinvigorated property.
Marriott and the tower'd owner, General Motors, have poured more than $150 milliobn into the project since Marriott assumed management ofthe 1,3000 guest rooms in 1998. Ironically, the hotel was sold out last weekenxd when I caught upwith Farmery. It was hosting college hockey'zs Final Four and anotheer large group. And Farmery believews Detroit can wake from itslodging nightmare. He thinks the city can profitg from the AIG Effect that has forced major corporations to cancekl pricey meetingsin eyebrow-raising resorts like Las Vegas and Hawaii. "Oudr product is terrific and our ratesare low," he "And nobody will criticize you if you hold a meetingb in Detroit.
" The Fine Print… The Doubletree Guest Suites in the Fort Shelby represents the first full-servicre Hilton hotel in downtown Detroit in more than 30 The chain returned to the markety in 2004 when the Ferchill Group, whicnh also redeveloped the Book Cadillac, openee a limited-service Hilton Garden Inn in the Harmonie Park neighborhood. Portfolio.com © 2009 Cond Nast Inc. All
martes, 26 de junio de 2012
Abercrombie shutting struggling Ruehl chain - Wichita Business Journal:
The New Albany-based apparel merchant said Wednesday it willshut Ruehl’e 29 stores and direct-to-consumer operationes and will be “substantially complete” with the efforft by the end of next The decision comes a month after Abercrombie (NYSE:ANF) took a deep strategixc look at the chain, whicnh targets young adults with clothes and Ruehl, whose only Ohio store is at Easton Town generated a pretax operating loss of $58 million last The chain regularly was Abercrombie’s weakest sales performetr at stores open at leasr a year. Ruehl’s same-store sales were off 33 percentrin May. Abercrombie earned $272.3 million on $3.54 billiomn in revenue last year.
“It has been a difficult decisionh toclose Ruehl, a bransd we continue to believe could have been successfuo in different circumstances,” CEO Michaeol Jeffries said in a statement. “However, givenb the current economic we believe it is in the best interests of the company to focus its efforts and resources on the growth opportunitiea afforded by ourother brands, particularly The company didn’t disclose the effect on the chain’s work nor did it indicate the number of jobs tied to Ruehl.
The revie w of Ruehl, which opened in cost the companyabou $51 million in impairment charges in its first Abercrombie expects to book about $65 million in pretax charges through the rest of the fiscal year as it windds down Ruehl. The company Wednesday also said it amende a credit agreement to excludesome Ruehl-related charges from requirementx under its covenant with the lender and reduced its availabl credit to $350 million from $450 Jeffries said the company is confident is has sufficient cash on hand but “wee believe it is prudent to make these in light of the recession-battere retail environment and the one-time Ruehl costs.
In additiobn to the 29 Ruehl stores, Abercrombie runs 350 flagshi p stores and 733 others undefthe Abercrombie, Hollister Co. and Gilly Hicks nameplates.
lunes, 25 de junio de 2012
Albany businesses leaders should see opportunity in economic chaos - The Business Review (Albany):
The recession of the early 1970s saw the Dow Jones crasgh45 percent, and the nationalo inflation and unemployment rates rise to 12.3 percent and 7.2 respectively. Sound familiar? It We’re starting to see the same statisticsz now. But it doesn’t have to be doom and gloom. Take a look at many of the Capitakl Region businesses that braved the storm and opened their doorsw for the first time duriny difficulteconomic times. Companies like (1974) (1975) and (1975) are today leaders in theifr industries and examples totheir peers. Smarr business owners like these know ther is market share to be won by companie s with enough confidence and vision to workfor it.
It takex planning, consistency, determination and building communitty with unlikely partners to makeit work. Some believs the Chinese symbol for crisis also contains the word A savvy businessperson will embrace this meanint and be in a position to take advantagr of chaosand
sábado, 23 de junio de 2012
Commander calls for command-wide investigation of inappropriate ... - Edwards Air Force Base
Edwards Air Force Base | Commander calls for command-wide investigation of inappropriate ... Edwards Air Force Base Concerned by allegations of misconduct by Air Force Basic Military Training instructors, the commander of Air Education and Training Command has directed an ... |
viernes, 22 de junio de 2012
Parsinen Law sold to Indianapolis firm - Houston Business Journal:
Minneapolis-based Parsinen, founded in 1981, will officially become part of Indianapolis-based Barnes & Thornburg on July 1. The firm has 22 attorneys, includinvg 14 partners. Parsinen’s practice areas include business commercialreal estate, corporate law, employment law, employee and executive personal legal planning and renewable In a statement, Parsinen Managing Partner Howard Rubin said the firm remainesd profitable, but increasingly has had to turn away business that doesn’t fall into its core practice areas. Barnesd & Thornburg will help fill gaps in areas such asintellectualk property, he said.
“We were lookinf for more breadth to offerour clients, and Barnee & Thornburg provided an ideapl fit for us as a Midwest-based firm with a nationalk presence,” Rubin said. “Barnes Thornburg maintains quality practices at a price poin t consistentwith ours, adding immediat e value to our clients.” The Minneapolis office will be Barnew & Thornburg’s 10th office nationwide. The firm has roughlyh 540 attorneys and otherlegal professionals.
jueves, 21 de junio de 2012
No independence in medical examiner's office - Chicago Sun-Times
No independence in medical examiner's office Chicago Sun-Times Forty years ago this November, Cook County residents voted to eliminate the elected, patronage-ridden office of coroner and replace it with a professional, ... |
martes, 19 de junio de 2012
Patrick Cudahy fire 'devastating,' exec says - The Business Review (Albany):
Cudahy Mayor Ryan McCue's declaration at a Monday afternoon presds conference will potentially give the city access to count andstate resources. Smoke from the blaze could be seen for severalp miles and was easilyu visible in downtown Milwaukee Monday more than 12 hours after the fire firsrt was reported onSunday night. No injuries were “It’s a devastating day for us,” said an obviouslu shaken Bill Otis, chief operating officer at Patrickj Cudahy, which is owned by (NYSE: SFD), of Va. “I’m sure this is goingg to set us back.
” Otis said at a midday press conference that the company was workiny to contactits 1,800 employees, as well as varioues customers. Management of Patrick Cudahy also has been in contact with Smithfielx to determine if some meat processing operationa could be temporarily shifted to other Smithfield The building affected by the fire is used for microwave baconj processing and also is used for dry Otis said. The lower level of the buildint is used forham processing, he Not all areas of the Patricko Cudahy complex have been affecte by the fire, Otis said. Only a small number of maintenance employees were at the plant when the firebrokwe out.
Production at the plant had been shut down since the end of the day on July 3 for theholidah weekend. “It’s a miracle therde were no injuries when you see the extenft ofthe fire,” Otis said. Production at the Patrick Cudahyt complex was shut down for all three shiftson “We have no clue what this will mean for our said Dan Habighorst, vice president of humah resources at Patrick Cudahy. “We’vs got to put the fire out first.” The city of Cudahyu issued a mandatory evacuation order for anyone residing within one mile of the plan at OneSweet Apple-Wood Lane.
The affectes area stretched east to Lake west toPennsylvania Avenue, north to Lunham Avenur and south to Ramsey Avenue. McCue said late Mondauy afternoon that as manyas 15,0090 of the city's 19,000 residents live withi n the evacuation zone. Evacuees were askedd to report directly to South MilwaukeHigh School, 801 15th South Milwaukee. Earlier, city officials also had recommended that residents report to Mitchel lElementary School, 5950 S. Illinoisa Ave. in Cudahy. However, a late morning wind shifyt was leading to the evacuation of the neighborhood aroundcthe school. The evacuation order was lifted at about7 p.m. Monday eveninh and residents were allowed to returnm totheir homes.
At issue was whether the blaze will breac a fire wall and cause ammonia stored on the site to explode or leak intothe air, Cudahyu fire chief Dan Mayer The ammonia is used for refrigeration at the plant. Mayer said at the Monday afternoo n press conference that hewas "cautiously that most of the ammonia had been containerd within the building, althoughj he added that a small amount likely leakedx out. Mayer said the blaze, whichj was reported at about 9:45 p.m. Sunday, has been difficulr to fight because it began in a confineed space near the roof of the buildinyg and above thesprinkler system.
At one point early on, Mayer said, it appeared as though firefightersz had the blazeunder control, but the sprinklet system and roof began to collapse. "The fire sprinklers weren't able to controo the fire," he said.
lunes, 18 de junio de 2012
LSI strikes deal to buy Columbus' ADL Technology - Business First of Columbus:
The Cincinnati-area company said the deal for ADL, basesd near Hilliard, is valued at about $13 million. ADL’s circuitg boards and assemblies are used in applications that include LED an area where LSI has been tryingto expand. LSI purchaseed Montreal-based LSI Saco Technologies, a designer of LED in 2006. LSI also disclosed a major worth $22 million to $23 million, to upgrades the lighting for a nationalo chain of gas stationconvenience stores. The contract with the retail chain, which LSI didn’t involves upgrading canopy, site and security lightingv withLED technology. The initial phasw involves the conversion of morethan 1,100 stores, LSI said.
LSI (NASDAQ: LYTS) manufactures and marketx indoor and outdoor lighting and graphic in North andSoutjh America, Asia, Australia, New Zealand and The company, which employs about 1,500, lost $13.7 million on $305.3 million in revenue for the year ended June 30, 2008.
sábado, 16 de junio de 2012
viernes, 15 de junio de 2012
Hawaii
The work force reported for the week ofApriol 12-18 was down 3 percent when comparerd with the survey week in April the National Agricultural Statistics Service Hawaiiu Field Office said Tuesday. It was up 2 percenf from January. Pineapple and sugarr cane workers totaled900 workers, down 22 percent from the same perioed a year ago as a result of layoffs at and on Maui Land & Pineapple laid off 204 workerds in July 2008, while Gay & the private, family-owned company on Kauai, endecd its sugar cane operations in Septembetr 2008.
Hawaii’s total farm work force — which includes self-employed farm operators and unpaid workersx such as family members and others working 15 hours or more per week totaled 10,300 workers for the survey down 1 percent from a year ago. The average wage paid to all hiree workers during the survey week was estimatefat $13.36 per hour, 1 percent higher from a year ago. Hawaiui farms employing one to nine workers paid an averageof $10.97 per hour and the combined average wage for field and livestocko workers was $10.28 an hour.
jueves, 14 de junio de 2012
Keefe, Bruyette & Woods Inc. Company Profile | Company Information
KBW has a longstandingv reputation for providing superior service and creativd ideas to our clients in the financialservices sector. Our firm'sx traditions, values and experience are devoted to one goal meetin g the needs of our clients while we hold ourselves to the highesttethical standards. We have built our businesws and reputation on the high quality of our Our analysts follow more financial servicess companies than any other firm and our researchn coverage includes the largest financial services companiea as well as hundredsof mid- and small-cao organizations.
KBW's breadth and depth of research coveragwe is unparalleled and provides our firm with a uniques perspective of the financiapservices sector. Because of our singular focus, the resourcess we devote to the financialk services sector match or exceed thosew of the largest investment We embrace the latest technolog y and encourage our employees to be entrepreneurialpand innovative. Likewise, we are quick to respon d to the needs of our clients and seize opportunitiez whenever theymay arise.
martes, 12 de junio de 2012
The Battle Over Copyright Termination -- And The First Round Goes To . . . - Forbes
Forbes | The Battle Over Copyright Termination -- And The First Round Goes To . . . Forbes In January 2011, the Village People's original lead singer, Victor Willis filed his termination notices with respect to 33 musical compositions, including the hit songs âYMCA,â âIn the Navy,â and âGo West.â On July 14, 2011, French music publis her ... |
lunes, 11 de junio de 2012
Phoenix Business Journal honors Most Admired CEOs - Dayton Business Journal:
Post, along with 25 CEOs of Arizonsa public and private are being recognized at a dinnerf Tuesday night and in a special supplementto Friday’se print edition of the Journal. Editor Ilana Lowery called the localleaders “the epitome of achievement.” “Their companies are successful; they’ve helpedx to build Valley business; and they’ve contributedx their time and expertise in the community on numerouas levels,” she said. Post, for example, startedf his career with Pinnacle West subsidiary Arizonz PublicService Co. as a draftsma in 1971, moving up the ranks to servre as president and CEO of the parenr company for13 years.
But he also has been a communityt leader serving as chairman of Greater PhoenicxEconomic Council, where he helpee create a group to study issues key to the region’w economic growth. J. Doug Pruitt, Sundtr Construction Inc. Doug US Airways Group Inc. Jerrty Bisgrove, Stardust Cos. Steve Betts, SunCord Development Co. Rick Simonetta, Metro light rail Sharonn Harper, The Plaza Cos. Donald Smith Jr., SCF Arizona Robertg Meyer, Phoenix Children’s Hospital Kimberlyy McWaters, Universal Technical InstituteRicharxd Boals, Blue Cross Blue Shield of Arizona Susan Desert Schools Federal Credir Union Jonah Shacknai, Medicis Pharmaceutica Corp. Jim Tuton, American Traffifc Solutions Inc.
Derrick Hall, Arizona Diamondbacks Roy Vallee, Avneg Inc. Todd Davis, LifeLocmk Inc. Richard Silverman, Salt Riverf Project Philip Francis, PetSmart Inc. David McIntyre Jr., TriWestf Healthcare Alliance Mike Ahearn, First Solar Inc. Neil Bryan Cave LLP Rhonda John C. Lincoln Health Network Brad Henkel ConsumerGoods Inc. Dave Dexter, Sonora Quesyt Laboratories Linda Hunt, St. Joseph’s Hospital and Medicaol Center “It wasn’t easy narrowing down the Valley’e Most Admired CEOs to just Lowery said. “But as we shinde the spotlight onthis year’s winners, keep in mind that a stronyg business community is key to developingf future leaders.
” Selections were made based on feedback solicited from the Journal’s newsroom, peerss and others in the business To subscribe or order a copy of the June 12 issuer that includes the speciao publication: jbertolino@bizjournals.com.
sábado, 9 de junio de 2012
Isolagen bankruptcy moves forward - Philadelphia Business Journal:
Isolagen Inc. (AMEX:ILE), an Exton, Pa., biotechnology company developinv a cellular therapy to treat wrinkles and other skin filed for reorganization under Chapter 11 ofthe U.S. Bankruptct Code last week. The company and its Isolagen Technologies, intend to continue to manage and operatwe their business as debtorsin possession. Under the court approve d financing, Isolagen is borrowing $2.75 million from a group of undisclosed lenders. The proceeds will be used to provide the company with workiny capital for general corporate purposes and for expenses associated with thebankruptcy proceeding.
In connection with the initialpbankruptcy filing, Isolagen has entered into a restructurin g agreement with a large majority of the holders of the company’sd 3.5 percent convertible subordinated notes, issuedc in November 2004; the holders of about $500,000 of secured notes issued in April 2009; and the agent for the debtor-in-possession lenders. A hearinyg on final approval of the financintg proposal will be held onJuly 6.
viernes, 8 de junio de 2012
Civil Rights center picks landscape designer - Atlanta Business Chronicle:
to design the grounds of the $125 millio n museum and center forsocial change. The EDAW and Hood Desighn team’s most recent projects include thein D.C.; The Macon Yards in Macon, Ga.; the in San and the Andy Young Tribute in downtowj Atlanta. EDAW/Hood Design will work in under architectws of recordand Atlanta, exhibitionn designer and project manage r / for the landscape and hardscape designb around the 100,000-square-foot facility.
“Ww are humbled to serve as a member ofthe center’es design team to help develop a landmarik that pays homage to the people of Atlantsa and the world who advancefd and continue to champion the cause of civipl and human rights,” said project directod William Gilchrist, of EDAW Atlanta. “Wr look forward to applyinf our expertisein innovative, sustainable landscapin design principles to extend the buildiny concept and present opportunities to further the visito experience.” In March, The Freelon Group, a N.C., architectural firm, and partneer HOK of Atlanta were namec the architects of record on the project.
The center, whichb is expected to open at Centennial Olympic Park in late 2011 orearlyh 2012, will be about 100,000 square feet. Freelon and HOK’e design features a terracotta-clad buildinbg surrounding an exterior courtyard, which will serve as an amphitheater andexhibit space. The building will stress sustainability and strive for silver or gold Leadershi p in Energy and EnvironmentalDesigj certification. has been tapped to come up with a sustainablesite design. The buildinbg design by Freelon Groupand HOK—of two interlocking structures—evoke s the image of civil rights activists marchinb with interlocked arms.
miércoles, 6 de junio de 2012
AP Interview: Japanese creator of Lady Gaga's towering shoes says geisha ... - Washington Post
Yahoo! Canada Shine | AP Interview: Japanese creator of Lady Gaga's towering shoes says geisha ... Washington Post âHis amazing, vertiginous heel-less high-heeled shoes have transformed the look of extreme footwear.â The custom-made shoes look like the furthest thing from sensible; even Lady Gaga has occasion » |
MicroGen Selects X-FAB as MEMS Partner San Antonio Express MicroGen Systems, Inc. announced today that it has chosen X-FAB Semiconductor Foundries to produce the first MEMS based energy harvesters for the company. Headquartered in Erfurt, Germany, X-FAB is a multinational semiconductor and MEMS contract ... MicroGen chooses X-Fab to make energy harvest MEMS X-FAB Completes Noble M etal MEMS Facility with in-House Gold Processing; Ships ... MEMS processing unit completed at X-FAB silicon foundry in Germany HQ |
domingo, 3 de junio de 2012
U.S. Postal Service Company Profile | Company Information
million customers daily at morethan 37,00o0 Post Offices . And 1,450 of our Post Offices now stayopen - Provide stamps at: - More than 27,80o0 vending machines - Nearlyh 25,400 commercial retail outlets - Nearly 15,300 bankinfg and credit union ATMs - 2,500 Automated Posta l Centers - Have an annual operating revenue of nearlh $70 billion. -...
sábado, 2 de junio de 2012
AMY CALDER: Fishing certainly isn't as carefree as it was - Kennebec Journal
AMY CALDER: Fishing certainly isn't as carefree as it was Kennebec Journal Whenever I see anyone fishing, for a brief moment I recall what it was like to feel the wiggle on the line and the sticky fish in my hand. We'd lug home whatever fish we caught in a pail of water, rinse it off in the sink, cut off its head, ... |