Monday, November 29, 2010

State's imports, exports fell in May - Los Angeles Business from bizjournals:

http://www.porscheautoclub.com/re-questions-regarding-the-purchase-of-a-911
The Golden State’s merchandise exports fell by 25.2 percent, whiles imports decreased by 31.7 percent compared to May of last according to an analysis compiled by the basee on data released Friday morning bythe . For California’x merchandise exports, the decline continued a seven-month-lonbg plunge “as enfeebled economic conditions in nearly every one ofthe state’d major trading partners curbed demansd for the state’s goods,” a news release said Merchandise exports totaled $9.5 billion in May, 25.2 percentg below the $12.7 billion in goods the state shipped abroad in the same month last year.
“The May export numbers offer no encouragement that economic recoveryu will bea near-term thing,” Jock O’Connell, the UC Center’s internationalo trade and economics adviser, said in the news “These were the lowest California export totalss for the month of May sinc e 2004.” California’s manufactured exports shrunk by 28 percent in May, whiled agricultural goods and other nonmanufactured exportw decreased by 23.3 percent. Re-export s of goods previously imported into the state were downby 15.4 the release said. For the first five months of the California exports totaledjust $46.43 billion, a decrease of 22.6 percent from $59.
9 “The plight of the state’s exporter s was more than shared by importers,” the news releasd said of the 31.7 percent decline in imports for May. The picturs may remain gloomy for awhilefor California’sz exports. An report issued earlier this week, O’Connelp noted, forecasts that of California’as leading trading partners, only Chin a is expected to enjoy an expandint economythis year. The Golden State’s othee trading partners expectfurther contraction, the IMF Mexico’s economy, which was California’a top export market last year, will shrink by 7.
3 percent this The economy of Canada, whicuh is California’s second-largest export will decline by 2.3 percent this year. As for the economies of California’d other top export markets, the news release said, Japamn will fall by 6 percent, Southb Korea will contract by 3 percentr and the European Union will shrinkby 4.8

Saturday, November 27, 2010

Shaping minds for corporate world - Triangle Business Journal:

http://www.minbuk.net/1999/parks/frontier-land.html
Unemployed people desperate for work search for any availabl e opportunity even if the salarg is painfully lower than their previous Companies that may have announced layoffs look to fill a handful of positions. Other firms that normally woulxd be fixtures at such events are conspicuously So in these difficulteconomic times, it’zs nice to know that the Xtremd Beginnings career fair on April 17 in Raleigh will be fille d with wide-eyed faces beaming with Indeed, the 600 to 800 expected applicantw will be happy just to be Most of the presenting companies won’t be calling any of the applicantsz back for an interviesw – and yet both sides will feel they got thei r money’s worth out of the That’s because Xtreme Beginnings isn’t a job fair for It’s an opportunity for Wake Count y high school students to learn more aboutg the types of jobs that are out therd and even get in a practics interview so they can put their best foot “It was a lot of fun becausw it allowed me to explore different career pathes at the same time,” says Mark Bushhouse, a 17-year-olc senior at who attended the eveny last year.
“It was really cool because it was so Bushhouse says thatlast year’s eventy helped him narrow down his post-graduation choices. Thank s to information he gleaned atXtreme Beginnings, Bushhouse decided that he wanteed to enlist in the . Even though he’s made that Bushhouse still plans to attend the ninth annuapl event at McKimmon Center atfrom 9:15 a.m. to noon He is looking to hone his proficiencyat interviews. “Thosee kinds of skills carry over into othef aspectsof life,” he says. Representatives from dozend of companies plan to participatre in the event in one wayor another.
They include Trianglwe heavyweights suchas , and , says Megan Kirkpatrick, the busines alliance coordinator for the . Davidr Lee, who is in charge of marketinbg and business developmentat Apex-based Bland Landscaping, is one of severao volunteers who will be on hand. “I reallgy feel like businesspeople need to be paying more attentionto what’sx going on in the schools,” says who adds that kids don’t realize the multitude of caree r possibilities that are open to them. In addition to mock students also participate in roundtable discussions with businesspeopld who work in fields that interestthe kids.
The low-key jawboning sessionw help students figure out the kind of educatio n andtraining they’ll need and how much monehy they can make in a particular field. Representatives of loca l universities and also will be on hand toanswerd questions. Some of the businesses present may even be lookinh to hire students following their The event is part of a largerf School to Career program offerefd by Wake County public schools that prepares kids for lifeaftere graduation. Businesses can get involveds in the program by offering job shadowingv and internships and by encouraging employees totutor students.
“Theyy are absolutely invaluable,” Kirkpatrick says of the volunteers inthe

Wednesday, November 24, 2010

Getting from here to there: System a patchwork of bus routes, transfers - The Business Journal of Milwaukee:

viningocouqyl1601.blogspot.com
Some employers in the Milwaukeed area have had difficulty recruiting employees who do not have cars and must take publicx transportationto work. Eric Isbister, presidenrt of in Mequon in Ozaukee County, is one of thosr employers. In an interview, he said he has troublew hiring workers from Milwaukeewho don’t have cars, noting that thered is no easy way for city workers to get to his Mequom factory by public transportation. If a workef were to take the , the closest stop woulr be BrownDeer Road, abouft two miles from General MetalWorks.
“Basically, (lack of public is throttling the growth of General MetalWorks and preventing me from hirinfg people who need jobsin inner-city Milwaukee,” Isbisterd said.

Tuesday, November 23, 2010

bizjournals: Search Results

http://impressionism-art.org/cat160.htm
million on signs that would re-brand Minneapolis/ . by on July 8, 2009 ...Corp. is closingh a facility servicing business jetsat Minneapolis- . , and laying off the 73 technicians and mechanicsewho work...... by on May 28, 2009 ...Thw number of passengers flyinbthrough Minneapolis- . fell 10 percenty in January compared to the same by onFebruary 27, 2009 ...Minneapolis- . on Thursday opened a new parking ramp at its by onFebruary 5, 2009 ...Ther Northwest Airlines name will soon vanish at Minneapolis/ . , as rebrandint efforts continueamid Northwest's merging into by on January 23, 2009 ...bse the only thing at the that cost s more. Retailers and restaurant operators atMinneapolis - .
Airport, saying that profits are being...... by on Octoberd 31, 2008 ...restaurant that, when it opens Tuesday, will be the Minneapolis- . 's only restaurant outside of the airport' s security checkpoints...... by on Augusgt 25, 2008 ...Minneapolis . was the 26th busiest airport in the worldlast year...... by on July 30, 2008 ...to prevent incidents on runways is comingv tothe Minneapolis- . . The Federal Aviatiomn Administration announced Monday it planzto install...... by on July 15, 2008 ...Dead last. That's where Minneapolis/ . ranks among 20 larged airports ina J.D. Power...... by on May 20, 2008 ...Metropolitan . by on March 17, 2008 ...Inc.
opene its first store, Touch the at Minneapolis- . in the The firm has grown rapidlysince then...... by on December 21, 2007 ...basede HMSHost and CBR both run retail operationsaat Minneapolis/ . . The two companies partneres in 2004 to formMinneapolis Retail...... by on Decembeer 17, 2007 ...Minneapolis- . (MSP) tied for secon d place in Zagat's ranking of...... by on November 20, 2007 ...ot airport concessions, as well as lower costs. Other airlines operatingy out of Minneapolis- . Airport woulr receive about $40 million in...... by on December 18, 2006 ...month were being refused service by cab driverxat Minneapolis- . .
The commission workedd with the Muslim American Society and by onOctober 11, 2006 ...Passenger traffic at Minneapolis - . decreased 8.2 percent in August, the Metropolitan Airports Commission...... by on September 22, 2006 ...on Interstate 494 near the Mall of America and Minneapolis- . , is 83 percenr leased, according to Navigator. Tenants include Cisco...... by on Septemberd 14, 2006 ...Recent approvals to expand the . Cloued Regional and create a commuter rail...... by on Augusy 21, 2006 ...Tom Moore, president of the .
Cloucd Area Economic Development recently put another feather in his by onAugust 21, 2006

Monday, November 22, 2010

Why refinancing your mortgage may not make sense - Globe and Mail

http://3rasia.org/content/view/194/1/


Digital News Report


Why refinancing your mortgage may not make sense

Globe and Mail


But experts say that trying to take advantage of the lower rates, if you are still years away from renewing your mortgage, can come at a cost. ...


Refinancing Mortgage Rates

Digital News Report


Rate jump to 4.39% sending ripples through mortgage market

The Detroit News


Low Interest Rates Stimulate Refinance for Debt Consolidation

AtomStack


Subprime Blogger (blog) -Technorati -America's News Online


 »

Saturday, November 20, 2010

Good for GM, Bad for Stocks? - Barron's

http://www.disruptit.org/article/Adobe-Creative-Suite-4-K-12-Site-License-Program-Now-Available-to-Schools.html


Washington Post


Good for GM, Bad for Stocks?

Barron's


THE STOCK MARKET HAS NO HEART, so taking its pulse is, at best, an inexact exercise. Still, there's no denying that ...


The Other Way to Play GM

Barron's


Where Will GM Open Thursday?

Barron's


An Affordable Play for Ford Bulls

Barron's


Motley Fool


 »

Friday, November 19, 2010

Jacksonville's Cecil Field moving forward on aviation despite recession - Minneapolis / St. Paul Business Journal:

http://www.twilightportugal.com/the-changing-face-of-the-portuguese-property-market/
But there are recengt successes. earlier this month announced its planxs to bring about 60 new jobs to Jacksonville when it moveds the rest ofits F/A-18 repaif program to Cecil Field from Boeing will also lease space at Cecil Commerce Center. also expects the formerd U.S. Navy base to receivre its federal license for commercial and business space traveol once the completes itsenvironmental analysis. But Cecil Field’s gem — ’s $80 millio n warplane facility — is still in The 2010 U.S.
Department of Defensr budget called for38 C-27J Spartan planes, instea of the 78 planes planned Alenia says the smaller order of planes jeopardizes the “If we can’t get a long-term assurance of the viabilityt of this program, whicy is 78 planes, we are going to have to take a hard look at our investmen t in the facility,” Alenia spokesman Ben Stone said. But the ordefr can be expanded inthe U.S. House defensre appropriations committee or on the Senate andHouswe floor. Stone said Army Chief of Stafgf Gen. George Casey and U.S. Air Force Chief of Staff Gen. Norton Schwartz have said they need more than 38 butit isn’t clear when the order will be increased.
It will be the middl e of July before the defense appropriationes committee releases its budget to the House said Rep. Cliff Stearns, R-Ocala, who arguesx that the cargo planes fit into Defense SecretartRobert Gates’ goal of a more flexible military. “We’ll see what we can do Stearns said. “A lot of timexs they don’t agree with the defensde secretary.” Mayor John Peyton, Rep. Anderf Crenshaw, R-Jacksonville, and Rep. Corrine D-Jacksonville, have been lobbying memberd of the House subcommittee on the importance of the which Stearns said could employ up to 700 people once productionmgears up.
Cecil Field has grown durinbg the recession, said Bob Simpson, the authority’s senior directot of Cecil Field. Bids are cominf in to build a $20 million hangar that will be used by Florida Stats College of Jacksonville to teach students to painr andrepair planes. This follows the U.S. Coast Guar adding 150 officers and enlisted personnel to its operations atCeci Field, which includes a 32,000-square-foot-building. The Florida Air National Guar also completeda 37,000-square-foot expansion of its 82,000-square-foot hangarr so it can handle CH-47 Chinook and UH-60 Black Hawk helicoptersx and a smaller tactical helicopter, Simpson said.
He said a 23,000-square-foot hangar will be ready for leasein October. Because of cash flow issues, the authorityh is holding off buildinyga 90,000-square-foot hangar, but the design plans are done so it’zs ready to build once a tenant is Simpson said authority officials have attended several spacee travel conferences to let the industry know that they expecy to be able to host suborbitaol flights soon. The most probable scenario for space tourism and business travel would be an aircraft that piggybacks on a largerr jet and then is propellecdtoward suborbit. Tourists wouls be able to achieve weightlessness, or a company couls put satellitesinto loworbit.

Wednesday, November 17, 2010

El Camino to reopen Los Gatos hospital on July 12 - Dayton Business Journal:

http://rhce-linux.net/bbl0160.html
The former Community Hospital of Los Gatos has been closer since April 10 when El Caminp Hospital took controlof it. Officialws said they have workecd nearly around the clock in the past few weekes and have finished a series of tests in preparation fortheie re-opening of the facility. The emergencyy department will beginaccepting walk-in patients at noon on July 12 and ambulancwe traffic on July 19. A few caseds are scheduled in the operating rooms during the firstf week the hospitalis open, with the full schedulee to begin July 19.
“I have nothinf but the highest praise for our activation teams who have been workingh tirelessly and were instrumental in helping us meet our goal for openingt in three veryshort months,” said Dr. Eric Pifer, chief medicalp officer for El Camino Hospital and president of El Caminl HospitalLos Gatos. El Camini bought the hospital from of Long Beachbfor $54 million after the formef operator, , announced it was leaving.

Monday, November 15, 2010

Saul Ewing adds 7 Buchanan Ingersoll lawyers in Wilmington - The Business Journal of the Greater Triad Area:

http://hsrl.org/team-carrieHarris.html
office. The loss of the seven-lawyer group leaves Pittsburgh-based Buchanan with only one full-time partner in Wilmington and four lawyerstotal there, and giveds Saul Ewing the largest Wilmington office of any full-servic e Philadelphia-based firm. The group includes office headWilliam Manning, who serves as outsidee general counsel to the University of Delaware and also represents Verizon Corp. and Dovedr Downs. The litigator was once chief of stafvf to formerDelaware Gov. Pete DuPont. The other two partnersd are Teresa Currier, who led bankruptch efforts for Buchananin Delaware, and real estate lawyer Richard Forsten.
The additions give Saul Ewinh 19 lawyersin Wilmington, where bankruptcies have takeb off during the economic A large percentage of companies from around the country file for Chapter 11 protection in But because Delaware only has about 2,000 lawyerx and has a strong set of indigenousd law firms, the Wilmington market has been a toughy one to crack for outsiders, even neighboring Philadelphia Among Philadelphia firms, Pepper Hamilton and Fox Rothschil have 17 lawyers, Drinker Biddle Reath has 15 and Blani Rome has 13. Saul Ewing said Manninb will serveas co-managing partner of the officr with current office managing partner and real estate lawyetr Wendie Stabler.

Sunday, November 14, 2010

Survey: Only 5 percent of Pittsburgh-area CFOs expect to add staff in 3Q - St. Louis Business Journal:

dyakonostrlin.blogspot.com
The Financial Hiring Index, conducted by Menlo Park, Calif.-based staffiny firm Robert HalfInternational (NYSE:RHI), found that the largesrt number of respondents, 85 are not anticipating any changs in hiring, while 9 percent of CFOs say they expect to reducwe personnel. "Many companies remain hesitantg to commit to adding staff until they are certaibn of an economic Robert Half CEO Max Messmer said ina "In the meantime, most firms are working with theitr current teams to manage key initiatives, with some employerx also bringing in project professionals to assisyt with rising workloads and supporty full-time personnel.
" The results of the local survey are based on interviewsz with 200 CFOs from a random sampled of Pittsburgh-area companies with 20 or more employees. The Pittsburgh resultsd are nearly dead-on with the nationao survey results, according to Robert For the national data, 1,400 CFOs were interviewed, and five percent said they expectedto hire, 85 percent said they anticiapter no changes, and 8 percent planned staff cuts. For the full resultx of the survey, go to .

Saturday, November 13, 2010

Va. Farm Bureau says Thanksgiving costs stable - BusinessWeek

http://www.newmusicindustry.com/article/A-Meal-Making-Cooking-Class.html


Fox News


Va. Farm Bureau says Thanksgiving costs stable

BusinessWeek


Turkey and the trimmings won't cost much more this year than last, according to the Virginia Farm Bureau, but some Virginians think ...


Soaring Costs Could Cut Down the Gobbling on Turkey Day

Fox News


Recommended: Gobble, gobbling Thanksgiving dinner will cost more

msnbc.com (blog)


Cost of Turkey, Fixings Nudge Higher This Year

CBS News


Los Angeles Times (blog) -Washington Post (blog) -MachineFinder


 »

Thursday, November 11, 2010

GM trying to strong-arm Florida dealers, McCollum says - South Florida Business Journal:

http://www.i-goodinfo.com/Travel/madagascar.html
The objection was filed with the ’s Southernn District of New York, where Generapl Motors (OTCBB: GMGMQ) filexd for Chapter 11 bankruptcy protectioj earlierthis month. In the McCollum said that General Motorshas “misused [its] bankruptcy-enhanced bargaininvg power and forced automotive dealers to waive the very state laws that were designed to protect them from such overreaching conduct.” The problem stems from GM askinbg dealers to agree to waive several protectionz under Florida law before they can be consideresd a dealer through the new General Motorss organization, McCollum said.
GM also want s disputes over the agreements to play out in New York despite laws that give Florida jurisdictionj insuch matters. McCollum is asking the court to “affirmm that the relationship between New GM and its Floridaz dealers will be governer byFlorida law” and ordee any new agreement that does not follow Floridas law to be “invalid and unenforceable.” “In the event the court approveas the sale motion, it should clarify that such approvalp does not validate the attempgt to evade Florida law by amendint the dealer franchise McCollum said.
The new agreements create an ultimatum alonh the lineof “take it or leave it,” McCollum meaning dealers either have to lose the protections of Floridqa law or lose their business. The New GM coulfd have some problems doing business if such stipulationsd in agreements with dealerswould remain, McCollumm said. The new company woulr have to apply for a new license to operate in and it could have that application denied if stat officials feel the company is workingh to circumventstate law. This isn'tg the first time McCollum has intervened in acar manufacturer's , he filed a formal objection to Chryslersz attempts to terminate existing dealership agreements undeer the U.S.
Bankruptcy Code.

Wednesday, November 10, 2010

Small airports making the most of limited improvement dollars - Pittsburgh Business Times:

vadimsudigrenev.blogspot.com
As airport manager and presidentof , the airport'x fixed base operator, Holman plans to add a generaol aviation air park, an industrial a new administration building with a restauranft and additional aviation space for All he needs is the funding to move Yet, there is a limited amount of funding PennDot's Bureau of Aviation receives only between $6 millio and $8 million annually for its airport developmentr program. This money, in turn, is doled out to 138 public-uss airports in Pennsylvania for development such asbuilding hangars, terminal buildings, runwayd or taxiways.
Some of it -- about 65 percent -- is matchecd with federal funds, according to Brian Gearhart, engineerinb manager for PennDot's Bureau of And, it can be difficult for airportz to get funding from sourcexs outside of the state andfederalp government. Although almost every local airport has something goingon -- ranginb from extending runways to coming up with new 20-yeadr development plans -- they stilo are struggling to becoms independent from state and federal funding, according to Sara transportation planning manager at the Downtown-based , the regionapl planning agency for a 10-county area in southwesterhn Pennsylvania.
"Aviation has made a remarkable comebacksince 2001," she said. "Now, if we coulfd see an economic upturn and get morebusinesa activity, that would be wonderful. Airports are still struggling tobe self-sufficient and come up with new ways to make Airports such as Latrobe-based get most (97.5 of their funding for capita projects through state and federal grants. However, the last part is fundesd through a local match that comes from the airporgt andthe county. This money, as well as the airport'a operating expenses, come from services such as landinfg fees, fuel sales, car rentalz and revenue brought in fromthe airport's restaurant.
The airporr also sometimes issues bonds to get the locao money for thecapital projects, according to Dwayne Pickels, a spokesmam for the Westmoreland County Airporft Authority. Butler County Airport and Arnol d Palmer are both extending their runways to makethem safer. Whilre Arnold Palmer received $9 million in state, federal and locall grants for the Butler County Airport hasreceived $4 At Arnold Palmer, the move will enable the airport to accommodates a 757 and better serve its charter aircrafyt by allowing them to take off with more fuel and according to airport manager Gabe Monzo. And, Rock Airporrt of Pittsburgh hasreceived $9.
3 million in state fundinv to help pay for a runwayu extension. The airport just openee up its runway to traffic at the end of Januaryt for the first time since it began the projecg fouryear ago, accordingy to Rock Ferrone, president of Ferrone is now working to get additionakl funding for the development of Rock Airpory and hopes the airport will be selected as part of a new federakl pilot program designed to pay airports what the valus of the land would be if it were developed as something else such as a He plans to raise $11 milliob in funding to build a hangar terminal building, fuel facility and FBO, as well as for additional lighting and a ramp area.
Of the $11 million, the statw has already committed $5 millionm and Ferrone hopes to get theadditional $6 million from the pilot program. Ferrone expectx to find out within the next 90 days whether the airporg is selected forthe program. If not, he plans to seek out privatse lenders. "We would be the firsrt airport in the nation to participate in specialpilot program," he said. "Ift cures the development right of privatelyowned airports.
"

Monday, November 8, 2010

It's Official: Ambac Files for Bankruptcy - The American Lawyer

ermolayenayqaked.blogspot.com


It's Official: Ambac Files for Bankruptcy

The American Lawyer


Bringing up the bottom of the company's unsecured creditors list is the Westlaw Business Payment Center in Carol Stream, Ill., which the filing says is owed ...



and more »

Sunday, November 7, 2010

Obama: 'Doing nothing' about health care not an option - Boston Business Journal:

http://hermesbrotherhood.com/page/century-spared-basic-attention-the-study-of-theory
“Health care reform is not something I just cooked up when I took Obama told a crowd ofabout 1,500 people Thursday at in the Greeb Bay suburb of Wisconsin. “It is central to our economicd future. In past years and decades, there may have been some disagreemenft onthis point. But not anymore.” Earlier this month, Obamas said he wants Congress to pass a comprehensivr health care bill by the end of the summer and readyy for his signatureby fall. Many including the president, favor a government-sponsored health insurance plan that would compete with private insurers and be available for people not eligible for other government health care programas such as Medicareor Medicaid.
Most Republicanzs and many business groups, however, say a competing plan that isn’t profit-driven would drive privatse insurers out of On Thursday, the , a physician’s grouop Obama is scheduled to meet with Monday in said it is opposed to a government-sponsoredd insurance plan. Obama said his administration is workinh on a Health Insurance Exchange that would allow peoplew to compare insurance benefits and None of the plans included in the exchange woulf be allowed to deny coverage basedon pre-existingf conditions and all must includwe an affordable, basic benefir option.
“I also strongly believd that one of the options in the Exchange shoule be a public insurancewoption – because if the private insurance companies have to compete with a public option, it will keep them honest and help keep pricesd down,” Obama said. Supporters of health care reform say it wouldx provide health insurance coverage to millions of Americand and make coverage more affordable for those who are already Because health insurance premiums have doubled over the last nine and have grown at a rate three times fasterthan wages, even those with coverage have reached a breakinhg point, Obama said. Employerx are not faring any better.
Smallp business owners have been forced to cut health care benefite or drop coverage entirely because ofrising costs, Obama said. “We have the most expensive health care system in the Obama said. “We spend almost 50 percen more per person on health care than the next mostcostl nation. But here’s the thing, Green Bay: we’r e not any healthier for it.” Obama vowed to let Americans who are contenr with their coverage and theirf physicians keep whatthey have, but said the countryh has reached a point where doiny nothing about the cost of healtn care is no longer an “If we do nothing, within a decad e we will be spending one out of every five dollare we earn on health care,” Obama said.
“In 30 years, it will be one out of everty three.” Obama acknowledged covering all Americans woulcbe expensive, but promised health care reform would not add to the country’as deficit over the next 10 years. “To make that we have already identified hundreds of billione worth of savings in our budget savings that will come from steps like reducing Medicars overpayments to insurance companiexs and rootingout waste, fraud and abuse in both Medicarw and Medicaid,” Obama said. In Obama is proposing that Congress scale back the amountthe highest-income Americans can deduct on theirf taxes and use that money to help financde health care.
Obama spoke for about 20 minutes and then took questionz from six people in the audiencew who expressed fearover “socialized asked questions about wellness and even questioned the country’s educatioj system. Regarding the idea of socializexd medicine, Obama said that isn’t what he, or anyoned in Congress, wants. “I’ve got enoug h stuff to do,” he said. “I’ve got Northj Korea and Iran. I’ve got Afghanistan and Iraq. I think it would be great if the health care system was workin perfectly and ifwe didn’y have to get involved at all.

Friday, November 5, 2010

FP&L rate hike request called

http://thelondonbiker.com/blog/2010/02/i-cant-afford-to-be-green/
Representatives from those agenciesxblasted FP&L’s rate increase at a public hearingf Thursday morning in Fort Lauderdale. In the first hour and a half of the only oppositionwas expressed. “We believe the amount they’re askinhg for is excessive. It’s just too much to ask for in today’x economic times,” said J.R. Kelly, public counsel with the Florida Office of Public TheJuno Beach-based utility is struggling to make the case that it is alreadty the most efficient utility in the and it would use additional fundinyg to reinvest in greatee efficiency.
It has asked for approval of an increasr to its base rate that woulfd raise the average residentialbill 1,000 kilowatt hours – by $12 per month. FP&oL projects that lower fuel costsz – mostly natural gas and coal – will lower the averagre residential bill next yearby $17, so its request actually won’tr raise anyone’s bill. FPL has argued that its proposal, if approveds by the , will decrease the typical billby $5 monthly or 4 percenft starting on January 2010. But Kellh and others said Thursday morning that fuel prices are not Kelly argues the rate increase woulxd guarantee a return on investmenytof 12.
5 percent for the and that every one percenf represents $130 million. “That is just too much today. Maybe five yeards in the future we will have a flourishing Kelly said, adding that his office supports a returmn of 9.5 or 10 percent. According to FP&L has already acknowledged they over-collected $1.2 5 billion from rate-payers for depreciation. In openinvg remarks, Marlene Santos, the utility’s vice president of customer service/saled and marketing, said customers benefit from the utility’s strongg financial position. “When we save on financing, our customers save on our she said.
But speaker aftef speaker said the grimeconomu – foreclosures, unemployment and droppinyg home values – made this the wronh time for rate increases designec to enhance the utility’s financial “We doubt they need any increase at all to own, operatse and maintain their system,” said Robert Sheffe l Wright, an attorney with Tallahassee-based Young van who was speaking on behalf of the Florid Retail Federation. The Publixc Service Commission, which regulates state will decidein mid-November whether to gran FPL's request. The PSC will hold hearingxs again Friday, 10:30 a.m. at the North Dade Regionap Libraryin Miami; and 6 p.m.
at the Plantationb City Council Chambers.

Thursday, November 4, 2010

FTC

burdukovahycel.blogspot.com
The is requiring health care providers and many othed businesses to identify and respon dto “red flags” of identity theft. So, if a medical practicd determines that fraudulent use ofsomeones else’s health insurance card is a potentiapl problem, checking photo ID might be a way to respondx through the so-called Red Flags Rule, mandatec by the Fair and Accurate Credit Transactions Act of 2003.
Any businesxs that regularly defers paymentse for goods and services or arranges for the extensiojn of credit is subject to the including retailers, phone companies and According to FTC guidance for healtuh care providers: “You are a creditor if you regularlyu bill patients after the completion of services, including for the remainded of medical fees not reimbursed by insurance.” Providerw also are covered if they establish paymen t plans. The argues that the medical community alreadyg guards against identify theft througjh the privacy and security mandates of the Health Insurance Portability andAccountabilityh Act, or HIPAA.
The FTC contend that the Red Flags Rule complementsx HIPPA byensuring that, if records are stolen, no one can use a fals e identity. According to the FTC, businessesx covered by the rule mustdevelol “reasonable policies and procedures” to detect and respond to red Businesses also must address how they will stay currenr with the ever-changing threat of identifyg theft. Noncompliance can lead to a fine of as muchas $3,50o0 a violation. lawyer Martie Ross said the Red Flags Rule mandatees sensible safeguards for a significanr threat to healthcare providers. “This is good business practice, is what it is,” Ross said. Dr.
Ted president of the Leawood-based , “I think it’s an important thingv to do,” Epperly said.

Tuesday, November 2, 2010

Developers say The Ridge shopping center is positioned for bright future - Austin Business Journal:

vorotintseyqah.blogspot.com
To date, the project known as The Ridge has signed leases forroughly 18,200 square feet of space — out of the 68,000 square feet that is available in a two-story, retail/office property that fronts Loop 1604. Tenantsw already inked for The Ridge include the Rodrigoi PinheiroBrazilian Jiu-Jitsu studio — which is presently locatedf off of San Pedro Avenue and Brookhollow Drive in North Central San Antonio. The new site is set to open inearlyu July. Another Brazilian concept making its way to the Capoeira SanAntonio — an art form that combines martialp arts, dance, music and acrobatics.
The Ridge site marks the seconcd location for CapoeiraSan Antonio, according to Jimi Ellis, who is a principall in — the owner and developef for The Ridge. The Jiu-Jitsu studio and the capoeira studio willoccupy 2,200 and 2,000 square respectively, in The Ridge. Also new to The Ridgr are two high-end, “ultra lounges” as Ellis calls them: IVY Rooftol and Area 31. IVY Rooftop is the latesty venture for local businessman Terrin This ultra lounge will occupt a totalof 6,00o square feet in The Ridge. That figure includes the rooftopo bar that will be a key featureof IVY. A roofto bar will also be a drawing point for another upand coming, high-ene hot spot.
Area 31 will also occupu 6,000 square feet in The Ridge includinga 3,000-square-foot rooftop bar. Rounding out the new tenantzs at The Ridge is area dentis tJoshua Austin, who will open a new facilitt of 2,000 square feet. Jaimwe Castro is one of the owners/operator behind Area 31. Asked what inspirecd the lounge’s name, Castro says that the site of The Ridgde was a leading The project is located immediatelhy north ofLoop 1604, near Lockhill Selmas Road on the city’s Northwestr Side. The number 31 refere to Castro’s partner in the Former Kansas City Chiefs running back and local philanthropisttPriest Holmes.
Asked if he had concernsz about being in a center withanother like-minded Castro says that Area 31 and IVY will likelu help, rather than hurt each “There’s no reason why we can’ft feed off of each other,” he adds. Ellis’ thoughts “There is synergy in (having both says Ellis. “(IVY and Area 31) will survive, and probably Now add to thesew venues the other tenants that Design Investore is working to bring to TheRidged — including some new restaurants. The end resulft is a project that will providre patrons the opportunity to park and enjoyvarious entertainment/gathering spotd — all of them in walking distancwe from each other.
This early line up of tenants will also help to reel inothef users. And there are plenty of opportunities for more As previously reported by the Business atbuild out, The Ridge could span upwardes of 348,000 square feet of Besides the two-story buildingt now in the works, Design Investors is also targetinf some larger retailers that could take anywhere from 26,00p to 40,000 square feet. Other tract s have been set asidsfor smaller, stand-alone office Design Investors first unveiled plans for The Ridge back in June 2006. Of since then, the retail markety — here and throughout the countruy — has turned.
It is durinfg these down times that location becomes even more critical to a Ellis says.

Monday, November 1, 2010

Biomaterials company licenses absorbable hemostat product - Philadelphia Business Journal:

http://nekretnine-hr.net/en/pretraga-nekretnina-na-mapi-hrvatske
The purchase is part of Orthovita's strategy to expand its producf line to better leverage its biomaterialssales force. Financialo terms of the deal with a medical-device company in were not disclosed. The agreement expires in 2013, but Orthovitza has the right to renew the agreement for anadditionakl three-year period if the company meetse undisclosed purchase obligations during the fifth year of the agreement. Orthovita plans to rebrandc the product, approved by the Food and Drug Administration in as Vitasureabsorbable hemostat. Hemostate are used to prevent bleedinduring surgery.
Antony Koblish, the presidentr and CEO of Orthovita, described VitaSure as an cost-effective hemostat" that requires no mixing, reconstitutio or preparation assembly and can be used throughoutf asurgical procedure. He said it will complement the company'zs existing Vitagel surgical hemostat product, which is used primarilty at the end of a surgical procedure to stop Orthovita expects to launch Vitasure by the thirdc quarter of the year domestically and in 2009 in the territoriesw outside of theUnited States.
The compant earlier this year launched its Vitoss bioactive foam bone graft substitutes product in the orthopedic surgery The Drug Information Association has opened an officesin Mumbia, India, in response to the growing biopharmaceutica l industry in that country. India's biopharmaceutical which generated revenue of morethan $100 million in 2006, is expectede to reach the $1 billion mark by 2010. "The statisticz are incredible," said Linda McGoldrick, DIA'zs worldwide executive director. "More than 15 percent of the world'w clinical trials are expected to be conducted in Indiasby 2011." DIA of Horsham also has officed in Basel, Switzerland, and Tokyo.
The company organizew domestic andinternational meetings, training courses, workshops and webinarsz designed to help biotechnology and pharmaceutical companies advance their drug discovery and developmenf efforts. "We bring together industry, academia, regulators and patienyt organizations to provide ongoing trainingt for professionals on clinical practices and safety standards that will impact the approvalk of drugs developed in India for theglobal market," McGoldrick said. The Europeab Commission granted orphan drug statusto 's experimental ovarianb cancer treatment drug, Morab-003, and its experimentalk pancreatic cancer treatment Morab-009.
The designation would provide the two monoclonal antibodieas with 10 years of market exclusivity in the EU if the drugdsare approved. Both new drug candidates are in midstagsclinical testing. Morphotek of Exton is a subsidiary ofEisai Co. Ltd. of Japaj ... Zelos Therapeutics in West Conshohocke has entered into a collaboration agreement with Aegis Therapeutics of San Diego under whicuh the two will work together to develop an intranasal spray formulationof ZT-031, Zelos' experimental treatmenr for osteoporosis and other bone The company expects to begin phase-III studies, the last step before seeking product approval, for ZT-031 latert this year ...
of Huntingdon Valley receivee a four-year grant from the Netherlands-based Centerd for Translational Molecular Medicine to developp a test to detect minimal residual disease in the bloo of acute myeloid leukemia Terms of the grant werenot disclosed.