Netgear Powerline AV 500 Adapter Kit (XAVB5001) PC Magazine Throughput speed is significantly better than what you get with Wi-Fi but the adapters tend to run a little on the hot side. It's hard to beat the convenience of a home Wi-Fi network but it can't touch wired connectivity when it comes to throughput ... |
Saturday, December 31, 2011
Netgear Powerline AV 500 Adapter Kit (XAVB5001) - PC Magazine
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Thursday, December 29, 2011
EOP cuts asset value by $229M - Silicon Valley / San Jose Business Journal:
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The 46 properties together were valuedat $535 millio n before the charge. The 41 Silico Valley properties, all research and development had a gross book valueof $380 says Diane Morefield, a senior vice presidenrt for investor relations. The company declined to say how much ofthe write-downb related to the vallet properties. EOP's assets at June 30 totaled $24.7y billion. The company acquirecd all of itsvalley R&D properties in its 2001 merged with the former of Menlo Park. The write-down follows news that EOP is also workinyg to sella 5.
1 million square-foof industrial portfolio, also acquired in the Spieker merger, to , a San Franciscol pension fund advisor that manages $20 billion in assetsw for corporate and other clients. All or nearlh all of those buildings also are in Silicon Valle and theEast Bay. "Taking an impairment is not good but to keep itin perspective, we are only impairin a small percentage of what we boughf in the Spieker merger, 5 percent of the dollar value of the original purchase," Ms. Morefield says. The companty paid $7.3 billion in cash and stock, including the assumptioj of $2.1 billion in for the Spieker portfolioin 2001, whic h included 38.
5 million square feet of office and industrial buildings, much of it in Silicon The company said from the outset that it intendee to sell the industrial buildings. Jim a senior analyst who followsd EOP for ofNewportg Beach, says the impairment merely formalizesd what has been widely understood in commercial real estate circles: "They dramatically overpaid for Spieker, and this is just truinvg up the values from an accountingg standpoint. It's not a surprise that thesd buildings are worth less than whatthey paid. They boughtf at the peak, and the leasing market has tanked, and R&sD is most vulnerable to those conditions.
" The Spieker merger was the thirr in a seriesfor EOP, he says, and questions remaijn about the wisdom of all three. But Jim a senior vice president at inSantaa Clara, says EOP has fared bettere than many. "A (40) percent write down ... that'sd not bad. We've seen some values drop more than It's not a home run, but it'sw not the biggest blunder of alltime either." The companuy is taking the write-down in anticipation of the properties' sale over then next five The buildings are not core assetes in the EOP portfolio, which the company defines as multi-tenant, Class A officw properties in markets where EOP dominates.
San Jose and San Franciscp remain coreEOP markets. During a comb through of EOP'sx entire portfolio, the company identified more propertiee that it does not believare core, Ms. Morefield said. Those buildings will also presumablgbe sold. These are the only ones that requiredfimpairment charges, however, "because their (market) values are abovwe their current book values." The propertie s were valued generally as though their futures use would be as commercial real estate, Ms. Morefield says.
many R&D and industrial propertyg owners in the valley have been pushing to havetheitr properties' zoning changed to allow residentiaol or retail redevelopment because those propertieas are so much more valuable That was considered in some cases, Ms. Morefielsd says. The 41 San Jose R&D buildings have an aggregateof 1.7 million square feet and are locatedx in Santa Clara, Cupertino, San Mountain View, Sunnyvale, Milpitas and Fremont. The two San Franciscl region offices affected, one in Redwood City and the other in haveabout 180,000 square feet combined.
The company did not releaser any information ontheir occupancy, age or Slack tenant demand in the valley for much of the last four yearas has driven users to the best quality propertiezs available, pushing office users that might have settled for R&eD buildings during the boom back into offices. Distinctionsa between the two property types are notalways however, and it's not uncommon to have significant portionzs of an R&D buildint improved to office standards. The average askingf rent for R&D properties today is less than $1 a square foot plus tenant-borner operating costs such as common-area maintenance, down from a high of more than $4.
5p a square foot a month in late according toReal Estate. Officer rents have followed the same downhill slope, going from a peak of more than $6.50 a square foot a month to about $2 a square foot a BT shows. The office rentz include charges for commonh area maintenance andthe like. R&D is the most prevalent property type inSilicojn Valley, with roughly 2 square feet of R&D buildinges for every square foot of offices. Ther are about 67 million square feet of offices inSilicobn Valley, BT says. There are 154 millionh square feetof R&D The write-down is unlikely to have dramatic or immediate markey repercussions, several sources say.
But commercial appraise Jeff Fillmore of of San Jose says it does emphasizse onekey fact: "It's a strong signalo that a major player in our markety doesn't think rebound is imminent."
The 46 properties together were valuedat $535 millio n before the charge. The 41 Silico Valley properties, all research and development had a gross book valueof $380 says Diane Morefield, a senior vice presidenrt for investor relations. The company declined to say how much ofthe write-downb related to the vallet properties. EOP's assets at June 30 totaled $24.7y billion. The company acquirecd all of itsvalley R&D properties in its 2001 merged with the former of Menlo Park. The write-down follows news that EOP is also workinyg to sella 5.
1 million square-foof industrial portfolio, also acquired in the Spieker merger, to , a San Franciscol pension fund advisor that manages $20 billion in assetsw for corporate and other clients. All or nearlh all of those buildings also are in Silicon Valle and theEast Bay. "Taking an impairment is not good but to keep itin perspective, we are only impairin a small percentage of what we boughf in the Spieker merger, 5 percent of the dollar value of the original purchase," Ms. Morefield says. The companty paid $7.3 billion in cash and stock, including the assumptioj of $2.1 billion in for the Spieker portfolioin 2001, whic h included 38.
5 million square feet of office and industrial buildings, much of it in Silicon The company said from the outset that it intendee to sell the industrial buildings. Jim a senior analyst who followsd EOP for ofNewportg Beach, says the impairment merely formalizesd what has been widely understood in commercial real estate circles: "They dramatically overpaid for Spieker, and this is just truinvg up the values from an accountingg standpoint. It's not a surprise that thesd buildings are worth less than whatthey paid. They boughtf at the peak, and the leasing market has tanked, and R&sD is most vulnerable to those conditions.
" The Spieker merger was the thirr in a seriesfor EOP, he says, and questions remaijn about the wisdom of all three. But Jim a senior vice president at inSantaa Clara, says EOP has fared bettere than many. "A (40) percent write down ... that'sd not bad. We've seen some values drop more than It's not a home run, but it'sw not the biggest blunder of alltime either." The companuy is taking the write-down in anticipation of the properties' sale over then next five The buildings are not core assetes in the EOP portfolio, which the company defines as multi-tenant, Class A officw properties in markets where EOP dominates.
San Jose and San Franciscp remain coreEOP markets. During a comb through of EOP'sx entire portfolio, the company identified more propertiee that it does not believare core, Ms. Morefield said. Those buildings will also presumablgbe sold. These are the only ones that requiredfimpairment charges, however, "because their (market) values are abovwe their current book values." The propertie s were valued generally as though their futures use would be as commercial real estate, Ms. Morefield says.
many R&D and industrial propertyg owners in the valley have been pushing to havetheitr properties' zoning changed to allow residentiaol or retail redevelopment because those propertieas are so much more valuable That was considered in some cases, Ms. Morefielsd says. The 41 San Jose R&D buildings have an aggregateof 1.7 million square feet and are locatedx in Santa Clara, Cupertino, San Mountain View, Sunnyvale, Milpitas and Fremont. The two San Franciscl region offices affected, one in Redwood City and the other in haveabout 180,000 square feet combined.
The company did not releaser any information ontheir occupancy, age or Slack tenant demand in the valley for much of the last four yearas has driven users to the best quality propertiezs available, pushing office users that might have settled for R&eD buildings during the boom back into offices. Distinctionsa between the two property types are notalways however, and it's not uncommon to have significant portionzs of an R&D buildint improved to office standards. The average askingf rent for R&D properties today is less than $1 a square foot plus tenant-borner operating costs such as common-area maintenance, down from a high of more than $4.
5p a square foot a month in late according toReal Estate. Officer rents have followed the same downhill slope, going from a peak of more than $6.50 a square foot a month to about $2 a square foot a BT shows. The office rentz include charges for commonh area maintenance andthe like. R&D is the most prevalent property type inSilicojn Valley, with roughly 2 square feet of R&D buildinges for every square foot of offices. Ther are about 67 million square feet of offices inSilicobn Valley, BT says. There are 154 millionh square feetof R&D The write-down is unlikely to have dramatic or immediate markey repercussions, several sources say.
But commercial appraise Jeff Fillmore of of San Jose says it does emphasizse onekey fact: "It's a strong signalo that a major player in our markety doesn't think rebound is imminent."
Monday, December 26, 2011
Seattle, Bellevue luxury condominium towers are slow to fill up - Puget Sound Business Journal (Seattle):
ishinlyuboqemija.blogspot.com
The units — at Fifteen the Four Seasons Private Residences, Olive 8, Bellevue Towerz and Washington SquareTowers — representy the majority of large condos that have opened here in the past 18 In many cases, dozens of pre-sal agreements booked by developers have failesd to come to fruition. County recorde show just 317 unita have recorded closed sales out ofthe 1,321 offered at theser five projects, which is fewer than some of the developeres had expected to sell at this The sluggish pace of sales is ripplinyg through the region’s housing market. Developers have been forced to extend theire loans and offer extensions and other support to naildown buyers.
If saless don’t pick up, some of the pain coulc spread to lenders and others involvedwith development. Empty towers also are hardluya sales-booster for the region’s fragile housing market, whicy has only recently seen an uptick in salesd following a brutal year. “It’s a psychology question,” said Desirere Phair, regional labor economist for Seattle-King “I can imagine how people will feel lookinhg around and how confident people will feel in making The reasons for the sales slowdowhnare numerous. Some prospective buyers are havint difficulty selling their current homes to pay for their new which rangefrom $369,000 for a studio to $9.
2 million for a four-bedrooj penthouse. Some potential buyers have either lost jobs or fear they Others no longer qualify for the loan they lined up when they first agreedto buy. With housing prices still sliding, some buyersz also wonder if they might be payingttoo much. “A lot of buyersa are questioning what the real valuee of those unitsreally are,” said land use economisg Matt Gardner, a principao in market research firm Gardner Economics LLC, based in Speculators who bet that prices would rise also aren’ t closing.
Bellevue Towers is being sued by prospectivee buyers who want their earnestmonegy back, while some prospective buyers at Olive 8 are exploring legal action, the developer “Very clearly the dynamics of the economhy have changed,” said Mark Edlen, a principall at Portland-based Gerding Edlen Development, the developer of Bellevude Towers. “We’re trying to work with each individual The Puget Sound Businesss Journal used data provided by the King County Departmenyt of Assessments in calculating completed sales for each condo The records run through the first week of June and only includer sales ofcompleted units.
In some cases, developerxs have closed on more units since then that have not yet been The Olive 8 development in downtown Seattl has completed 16 sales out of 229 unitsw since it openedin April, accordingy to county data. While developer said the projec has closed at least a dozemore sales, that’s still half of the closingd it had anticipated by this time, said Presideny David Thyer. Across the lake, Bellevue Towerse has recorded just 29 sales out of 534 according tocounty records. The who say they have since closed on severaolmore units, say they didn’t have a set sales but were anticipating “more than that.
” To be developers have recently reported an uptick in buyetr interest as part of the housinh market’s improvement in the last couple of Two of the five projects, the Four Seasonsz and Fifteen Twenty-One, say they expect to pay off their construction loans shortly. And few new projects are in the works to furthe r floodthe market. But sales struggles illustrate the plethora of issuesw that are still affectinf the residential realestate market. As a result, developerws are pulling out a host of tools to fillemptty buildings. Among them: — R.C.
Hedreen, the developer of Oliv 8, has turned itself into a lended and is offering qualified potential buyers second That allows potential home buyerswho don’tt meet stricter condo mortgage guidelines to afford the home, said Thyer. “We’re in a position to make those loans,” he said. Washington Square developer is also offering second mortgages at interest rates matchedd to thefirst mortgage. — Some developers are offering buyerd who have put down earnest money extensions on their closinvg date as they work through thelendingh process, including Olive 8, Fifteem Twenty-One Second Avenue and Bellevuee Towers.
— Bellevue Towers has started a “seller assistance program,” availabled to potential buyers who have already put money down on a condpbut can’t go through with the purchase because their current homes won’t If the buyer has to lower the pricde of the current home, Bellevud Towers will similarly lower the pricse of the condo, said Patrick Clark, principalp of RealtyTrust.
— Washington Square, perhapa the most aggressive in its sales is offering outside real estate agents a 3 percent commission on any sales they bring to the The project also hasa lease-to-ow program under which a renter can apply up to six monthsw of lease payments to the down payment if the rented decides to buy the unit. So far 52 units have been leasefd underthe program. It’s too soon to tell how many will be convertecto sales, with the majority of the leases carryinh into 2010, said Mike Nielson, the chiegf operating officer of Washington As developers wrangle with prospective buyers for they also are working with lenders.
The units — at Fifteen the Four Seasons Private Residences, Olive 8, Bellevue Towerz and Washington SquareTowers — representy the majority of large condos that have opened here in the past 18 In many cases, dozens of pre-sal agreements booked by developers have failesd to come to fruition. County recorde show just 317 unita have recorded closed sales out ofthe 1,321 offered at theser five projects, which is fewer than some of the developeres had expected to sell at this The sluggish pace of sales is ripplinyg through the region’s housing market. Developers have been forced to extend theire loans and offer extensions and other support to naildown buyers.
If saless don’t pick up, some of the pain coulc spread to lenders and others involvedwith development. Empty towers also are hardluya sales-booster for the region’s fragile housing market, whicy has only recently seen an uptick in salesd following a brutal year. “It’s a psychology question,” said Desirere Phair, regional labor economist for Seattle-King “I can imagine how people will feel lookinhg around and how confident people will feel in making The reasons for the sales slowdowhnare numerous. Some prospective buyers are havint difficulty selling their current homes to pay for their new which rangefrom $369,000 for a studio to $9.
2 million for a four-bedrooj penthouse. Some potential buyers have either lost jobs or fear they Others no longer qualify for the loan they lined up when they first agreedto buy. With housing prices still sliding, some buyersz also wonder if they might be payingttoo much. “A lot of buyersa are questioning what the real valuee of those unitsreally are,” said land use economisg Matt Gardner, a principao in market research firm Gardner Economics LLC, based in Speculators who bet that prices would rise also aren’ t closing.
Bellevue Towers is being sued by prospectivee buyers who want their earnestmonegy back, while some prospective buyers at Olive 8 are exploring legal action, the developer “Very clearly the dynamics of the economhy have changed,” said Mark Edlen, a principall at Portland-based Gerding Edlen Development, the developer of Bellevude Towers. “We’re trying to work with each individual The Puget Sound Businesss Journal used data provided by the King County Departmenyt of Assessments in calculating completed sales for each condo The records run through the first week of June and only includer sales ofcompleted units.
In some cases, developerxs have closed on more units since then that have not yet been The Olive 8 development in downtown Seattl has completed 16 sales out of 229 unitsw since it openedin April, accordingy to county data. While developer said the projec has closed at least a dozemore sales, that’s still half of the closingd it had anticipated by this time, said Presideny David Thyer. Across the lake, Bellevue Towerse has recorded just 29 sales out of 534 according tocounty records. The who say they have since closed on severaolmore units, say they didn’t have a set sales but were anticipating “more than that.
” To be developers have recently reported an uptick in buyetr interest as part of the housinh market’s improvement in the last couple of Two of the five projects, the Four Seasonsz and Fifteen Twenty-One, say they expect to pay off their construction loans shortly. And few new projects are in the works to furthe r floodthe market. But sales struggles illustrate the plethora of issuesw that are still affectinf the residential realestate market. As a result, developerws are pulling out a host of tools to fillemptty buildings. Among them: — R.C.
Hedreen, the developer of Oliv 8, has turned itself into a lended and is offering qualified potential buyers second That allows potential home buyerswho don’tt meet stricter condo mortgage guidelines to afford the home, said Thyer. “We’re in a position to make those loans,” he said. Washington Square developer is also offering second mortgages at interest rates matchedd to thefirst mortgage. — Some developers are offering buyerd who have put down earnest money extensions on their closinvg date as they work through thelendingh process, including Olive 8, Fifteem Twenty-One Second Avenue and Bellevuee Towers.
— Bellevue Towers has started a “seller assistance program,” availabled to potential buyers who have already put money down on a condpbut can’t go through with the purchase because their current homes won’t If the buyer has to lower the pricde of the current home, Bellevud Towers will similarly lower the pricse of the condo, said Patrick Clark, principalp of RealtyTrust.
— Washington Square, perhapa the most aggressive in its sales is offering outside real estate agents a 3 percent commission on any sales they bring to the The project also hasa lease-to-ow program under which a renter can apply up to six monthsw of lease payments to the down payment if the rented decides to buy the unit. So far 52 units have been leasefd underthe program. It’s too soon to tell how many will be convertecto sales, with the majority of the leases carryinh into 2010, said Mike Nielson, the chiegf operating officer of Washington As developers wrangle with prospective buyers for they also are working with lenders.
Saturday, December 24, 2011
Central Texas' top business and economic stories of 2011 - Austin American-Statesman
ra-iwinyro.blogspot.com
Central Texas' top business and economic stories of 2011 Austin American-Statesman By Brian Gaar It was a year of ups and downs for Austin businesses. Big employers like Samsung Austin Semiconductor and video game publisher Electronic Arts brought jobs to town, to much fanfare. But in a sign that the economic downturn's sting still ... |
Thursday, December 22, 2011
ASPCA(R) Releases New Data Concerning Spot-On Flea and Tick Control
ibitasony.wordpress.com
"Products labeled for dogs must neved be used oncats -- doinyg so can result in serious illnessx and even death," says Dr. , Medical Directo r of the ASPCA's Bergh Memorial Animal "A veterinarian must always be consultefd beforeusing spot-on flea and tick treatmente on very young, old, sick or pregnant pets." The ASPCA receivesz more than 700 calls dailg from veterinarians and pet parents, resulting in over 150,000 annualp cases involving medications, insecticides, plantxs and foods. ASPCA epidemiologist Dr. analyzed data from publix calls managed by the ASPCA regardingt flea andtick products.
The data identified two key When cats were treatedinappropriately (not per labekl directions), they are significantly more likelyt to experience severe reactions: no illness despite a call to the ASPCwA (18%), mild illness (17%), moderat e illness (45%), major illness (19%), and deathn (2%). When dogs and cats were treatedcorrectly (per labep directions), the likelihood of severe adverse reaction was significantlyu less: no illness despite a call to the ASPCw (7%), mild illness (69%), moderate illness (22%), major illnessx (2%), and death (0.1%).
"The important take-homer message is that although adverse reactions can occur with all flea andtick products, most effects are relativel y mild and include skin irritatioh and stomach upset," says Dr. , ASPCA veterinaryu toxicologist and Senior Vice President AnimaklHealth Services. "Pet parents should not discontinues using products as directed by the product labell when faced with aflea infestation." Using products as directex and making necessary adjustmenta based on health will greatly reduce adverse reactions from flea and tick or any othe medical products.
Fleas cause anemia (low blood carry tapeworms, and can transmit infectionzs suchas Bartonella; ticks transmit many diseases including Lyme Diseaser and Rocky Mountain Spotted Fever. The risk to pets from these diseases is greater than the risk of adverss reactions when products areuse appropriately. Founded in the ASPCA(R) (The American Societuy for the Prevention of Cruelty to was the first humane organization established in the and today has more than one millioj supporters throughoutNorth America. A 501 [c][3] not-for-profit the ASPCA's mission is to provide effective meanws for the prevention of cruelty to animals throughou theUnited States.
The ASPCA provides local and national leadershipin animal-assisted therapy, animal behavior, animal poison anti-cruelty, humane education, legislative services, and shelter outreach. The New York City headquartersz housesa full-service, accredited, animal hospital, adoption and mobile clinic outreach program. The Humanse Law Enforcement department enforcesNew York's animal crueltg laws and is featured on the realitt television series "Animal Precinct" on Animal For more information, please visit .
"Products labeled for dogs must neved be used oncats -- doinyg so can result in serious illnessx and even death," says Dr. , Medical Directo r of the ASPCA's Bergh Memorial Animal "A veterinarian must always be consultefd beforeusing spot-on flea and tick treatmente on very young, old, sick or pregnant pets." The ASPCA receivesz more than 700 calls dailg from veterinarians and pet parents, resulting in over 150,000 annualp cases involving medications, insecticides, plantxs and foods. ASPCA epidemiologist Dr. analyzed data from publix calls managed by the ASPCA regardingt flea andtick products.
The data identified two key When cats were treatedinappropriately (not per labekl directions), they are significantly more likelyt to experience severe reactions: no illness despite a call to the ASPCwA (18%), mild illness (17%), moderat e illness (45%), major illness (19%), and deathn (2%). When dogs and cats were treatedcorrectly (per labep directions), the likelihood of severe adverse reaction was significantlyu less: no illness despite a call to the ASPCw (7%), mild illness (69%), moderate illness (22%), major illnessx (2%), and death (0.1%).
"The important take-homer message is that although adverse reactions can occur with all flea andtick products, most effects are relativel y mild and include skin irritatioh and stomach upset," says Dr. , ASPCA veterinaryu toxicologist and Senior Vice President AnimaklHealth Services. "Pet parents should not discontinues using products as directed by the product labell when faced with aflea infestation." Using products as directex and making necessary adjustmenta based on health will greatly reduce adverse reactions from flea and tick or any othe medical products.
Fleas cause anemia (low blood carry tapeworms, and can transmit infectionzs suchas Bartonella; ticks transmit many diseases including Lyme Diseaser and Rocky Mountain Spotted Fever. The risk to pets from these diseases is greater than the risk of adverss reactions when products areuse appropriately. Founded in the ASPCA(R) (The American Societuy for the Prevention of Cruelty to was the first humane organization established in the and today has more than one millioj supporters throughoutNorth America. A 501 [c][3] not-for-profit the ASPCA's mission is to provide effective meanws for the prevention of cruelty to animals throughou theUnited States.
The ASPCA provides local and national leadershipin animal-assisted therapy, animal behavior, animal poison anti-cruelty, humane education, legislative services, and shelter outreach. The New York City headquartersz housesa full-service, accredited, animal hospital, adoption and mobile clinic outreach program. The Humanse Law Enforcement department enforcesNew York's animal crueltg laws and is featured on the realitt television series "Animal Precinct" on Animal For more information, please visit .
Tuesday, December 20, 2011
Drew Miller relishes expanded role with Red Wings - The Detroit News
wilhelminadora4287.blogspot.com
Drew Miller relishes expanded role with Red Wings The Detroit News By Ted Kulfan Justin Abdelkader battles with Oilers' goalie Nikolai Khabibulin during the first period. (John Ulan / Associated Press) Edmonton, Alberta รข€" There were times last season that left Drew Miller wondering what more he could do. ... |
Sunday, December 18, 2011
Cordray pans Chrysler sale over dealer worries - Dayton Business Journal:
ocybakenos.wordpress.com
Cordray and officials from nine other states filer a limited objection and statemengt in support of auto dealers this week in of New Attorneys general argued thesale shouldn’t alloq the bankrupt automaker to escape requirement of state laws, including those pertaininb to the termination of dealership agreements. “On less than 30 notice, Chrysler proposes to reject dozens of dealerf agreementsin Ohio,” Cordray said in a release. “Somre consideration should be given to those andChrysler shouldn’t be allowed to disregarde its obligations under Ohio law.” Chrysler announcedr in mid-May its plan to cut 789 dealerships from its .
Automotive News reported this week that a Bankruptcu Court hearing has been set for June 3on Chrysler’sd move to revoke the franchises. Cordray previouslyy has filed objections to the sale over the effectsethat Chrysler’s deal to emerge as a new company undee a partnership with Italian automaker Fiat could have on Ohio’s Lemon Law and its workers’ compensation system. Cordray said attorneyxs from Ohio and other states are negotiating withAuburn Mich.-based Chrysler on both issues.
Cordray and officials from nine other states filer a limited objection and statemengt in support of auto dealers this week in of New Attorneys general argued thesale shouldn’t alloq the bankrupt automaker to escape requirement of state laws, including those pertaininb to the termination of dealership agreements. “On less than 30 notice, Chrysler proposes to reject dozens of dealerf agreementsin Ohio,” Cordray said in a release. “Somre consideration should be given to those andChrysler shouldn’t be allowed to disregarde its obligations under Ohio law.” Chrysler announcedr in mid-May its plan to cut 789 dealerships from its .
Automotive News reported this week that a Bankruptcu Court hearing has been set for June 3on Chrysler’sd move to revoke the franchises. Cordray previouslyy has filed objections to the sale over the effectsethat Chrysler’s deal to emerge as a new company undee a partnership with Italian automaker Fiat could have on Ohio’s Lemon Law and its workers’ compensation system. Cordray said attorneyxs from Ohio and other states are negotiating withAuburn Mich.-based Chrysler on both issues.
Thursday, December 15, 2011
Buffalo unemployment rate soars to 9% - Business First of Buffalo:
fugycyquwod.blogspot.com
The state reported the unemploymeny rate jumped to 9 percentlast month, comparedd with 6.3 percent in January 2008 and 7.1 percenf in December. According to statistics dating backto 1990, the previouxs monthly high was 8.8 percenyt in February 1992. The revised figures for the year-over-year perios from January 2008 to January 2009 werereleaser Thursday. The number of nonfarm jobs locally has decreasedby 4,600, or 0.9 the report said. Also, this is only the sixtbh time in that span that unemploymenty in the Buffalo area has topped 8 The downward spiral is being felt acroses the state as unemployment roseto 5.4 percentr for all of 2008 the highest annual level since 2004. Gov.
Davic Paterson, wrapping up two days of meetings in theBuffaloo area, noted more than 125,00o New Yorkers have lost their jobs in the last six “These numbers clearly demonstrate what we alreadyg know: New York is at the epicenterr of this global fiscal crisis, and the worsyt is yet to come," Paterson said, noting that almosy half a million New Yorkers are collectinyg unemployment benefits. Rochester’s private-sector job count was relativelgy flat in thepast year, dropping by 400, or 0.1 That metro area’s unemployment rate was 8 percent in January 2009, compared to 5.7 percent in Januar y 2008 and 6.7 percent in December of last year.
Amonb other Upstate New York metropolitan areas, Albany lost 6,4009 private-sector jobs in the past year, a fall of 1.5 with an unemployment rate of 7.1 Syracuse was down 2,000 such or 0.8 percent, while the jobleszs rate was 8.3 percent. Glens Falls had the highesty unemployment rateat 9.3 percent. One bit of good news was foun in aseparate report. The New York Employee Confidencew Indexrebounded 9.6 points to 45.5 in January, according to the latest (Corp.) Employment Report. The monthlhy survey of New York workers, conductedx by Rochester-based , shows that more workers are confidentf in their ability to find anew job.
nearlh half (48 percent) of workers surveyed reported that they were confidentf in their ability to find anew job, an increass of 15 percentage points from December. slightlyy more workers (10 percent) believed more jobs are available, a five-percentage-point increasre from the previous month. 65 percent of workers are confidenft in the future of theircurrent employer, an increase of six percentagde points from December.
The state reported the unemploymeny rate jumped to 9 percentlast month, comparedd with 6.3 percent in January 2008 and 7.1 percenf in December. According to statistics dating backto 1990, the previouxs monthly high was 8.8 percenyt in February 1992. The revised figures for the year-over-year perios from January 2008 to January 2009 werereleaser Thursday. The number of nonfarm jobs locally has decreasedby 4,600, or 0.9 the report said. Also, this is only the sixtbh time in that span that unemploymenty in the Buffalo area has topped 8 The downward spiral is being felt acroses the state as unemployment roseto 5.4 percentr for all of 2008 the highest annual level since 2004. Gov.
Davic Paterson, wrapping up two days of meetings in theBuffaloo area, noted more than 125,00o New Yorkers have lost their jobs in the last six “These numbers clearly demonstrate what we alreadyg know: New York is at the epicenterr of this global fiscal crisis, and the worsyt is yet to come," Paterson said, noting that almosy half a million New Yorkers are collectinyg unemployment benefits. Rochester’s private-sector job count was relativelgy flat in thepast year, dropping by 400, or 0.1 That metro area’s unemployment rate was 8 percent in January 2009, compared to 5.7 percent in Januar y 2008 and 6.7 percent in December of last year.
Amonb other Upstate New York metropolitan areas, Albany lost 6,4009 private-sector jobs in the past year, a fall of 1.5 with an unemployment rate of 7.1 Syracuse was down 2,000 such or 0.8 percent, while the jobleszs rate was 8.3 percent. Glens Falls had the highesty unemployment rateat 9.3 percent. One bit of good news was foun in aseparate report. The New York Employee Confidencew Indexrebounded 9.6 points to 45.5 in January, according to the latest (Corp.) Employment Report. The monthlhy survey of New York workers, conductedx by Rochester-based , shows that more workers are confidentf in their ability to find anew job.
nearlh half (48 percent) of workers surveyed reported that they were confidentf in their ability to find anew job, an increass of 15 percentage points from December. slightlyy more workers (10 percent) believed more jobs are available, a five-percentage-point increasre from the previous month. 65 percent of workers are confidenft in the future of theircurrent employer, an increase of six percentagde points from December.
Tuesday, December 13, 2011
Google agrees to $125M settlement of publishers
xysecurakihir.blogspot.com
Google, the Authors Guild and the Association of Americaj Publishers said Tuesday that the searc h giant will pay to settlsethe three-year-old class-action lawsuit over book-scanning. The moneg paid by Mountain View-based Google (NASDAQ: will be spent on claims by authors and publishers and to coveelegal fees. Suits were filed on behalf of the Cos. MHP), (NYSE: PSO), (NYSE: JW-A) and , whic is owned by (NYSE: CBS). The fundsa will also help set up the BookRight Registry, an independent nonprofit that will act as a go-betweenh for rights-holders, allowing them to decide whethedr to participate in Google’s scanning The settlement must be approverd by the U.S.
District Court for the Southerhn District ofNew York. The suit was filed afted Google began its project to allow users to searchy the contents of thousands of bookxin 2004, working with organizations includinv the universities of California, Wisconsin and Michigan and . Googlre worked to spin the news positivelt on itsofficial blog, emphasizing the “truly nature of the agreement and not mentioning the dollar amount of the settlemenf in the blog entrgy at all. That news was in a separate press release.
In an issuer statement on its web site, Google comparex its book search project toJohnannex Gutenberg’s development of the printing press in the 15th “The result of his labors was an invention that took the world’sd information and made it exponentially more accessiblee and useful,” Google says of Gutenberv on its site. The statement written before thesettlemenyt — goes on to question the reasons publishers disagreed with Google over the
Google, the Authors Guild and the Association of Americaj Publishers said Tuesday that the searc h giant will pay to settlsethe three-year-old class-action lawsuit over book-scanning. The moneg paid by Mountain View-based Google (NASDAQ: will be spent on claims by authors and publishers and to coveelegal fees. Suits were filed on behalf of the Cos. MHP), (NYSE: PSO), (NYSE: JW-A) and , whic is owned by (NYSE: CBS). The fundsa will also help set up the BookRight Registry, an independent nonprofit that will act as a go-betweenh for rights-holders, allowing them to decide whethedr to participate in Google’s scanning The settlement must be approverd by the U.S.
District Court for the Southerhn District ofNew York. The suit was filed afted Google began its project to allow users to searchy the contents of thousands of bookxin 2004, working with organizations includinv the universities of California, Wisconsin and Michigan and . Googlre worked to spin the news positivelt on itsofficial blog, emphasizing the “truly nature of the agreement and not mentioning the dollar amount of the settlemenf in the blog entrgy at all. That news was in a separate press release.
In an issuer statement on its web site, Google comparex its book search project toJohnannex Gutenberg’s development of the printing press in the 15th “The result of his labors was an invention that took the world’sd information and made it exponentially more accessiblee and useful,” Google says of Gutenberv on its site. The statement written before thesettlemenyt — goes on to question the reasons publishers disagreed with Google over the
Sunday, December 11, 2011
Collegiate appoints board members - Houston Business Journal:
wilhelminadora4287.blogspot.com
• Nelea Absher, vice president and associate general counsel, • Anne-Marie Brown, founder, Suzanne Oldham, founder, Tuffy Wood, managing director, Morgann Keegan & Co. • Cindy Skarbek, director of the Bashar Masri, director and senio r engineerof . Four trustees were reappointed tothe school’sd board. They are: • Marine management consultantyBarker Price, who will serve as boar president for the 2009-1o0 school year; • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice • Former Brown-Forman vice chairwoma and CFO Phoebe Wood, who will serve as treasurer; and Former management consultant Leslie Geoghegan, who will serve as Corrie Nichols, president of the Louisville Collegiate School Parents Association, will serve as parent representativre on the board.
Former Brown-Forman president Bill Street, whose term on the board was named adirector emeritus.
• Nelea Absher, vice president and associate general counsel, • Anne-Marie Brown, founder, Suzanne Oldham, founder, Tuffy Wood, managing director, Morgann Keegan & Co. • Cindy Skarbek, director of the Bashar Masri, director and senio r engineerof . Four trustees were reappointed tothe school’sd board. They are: • Marine management consultantyBarker Price, who will serve as boar president for the 2009-1o0 school year; • Merrell Wall general manager of the Monogram line for , and 1974 who will serve as vice • Former Brown-Forman vice chairwoma and CFO Phoebe Wood, who will serve as treasurer; and Former management consultant Leslie Geoghegan, who will serve as Corrie Nichols, president of the Louisville Collegiate School Parents Association, will serve as parent representativre on the board.
Former Brown-Forman president Bill Street, whose term on the board was named adirector emeritus.
Friday, December 9, 2011
Reed Smith managing partner challenger DiNome withdraws candidacy - Business First of Louisville:
iwegasely.wordpress.com
John DiNome, a partner in the Pittsburgh-based law firm’s Philadelphi a office, withdrew his candidacy for managinfpartner Tuesday. The announcement was made internally via an internao joint announcement issued by DiNome and incumbentGregorg Jordan. Jordan, who completes his thirrd three-year term Dec. 31, will run unopposesd for his fourth term. “They sat down and talked and discovered they had a lot ofcommonn ground,” said Reed Smith Chieg Marketing Officer David Egan. “Many of the things John was concernerd about, Greg as working on. They agreee that the best thing for the firm was to focud on business insteadof competing.
Reed Smith is Pittsburgh’xs second-largest law firm and eighth-largest private company, During Jordan’ds tenure, Reed Smith grew from a regionao firm with 500 lawyers in nine officesx to an international powerhousewith 1,6834 lawyers in 23 offices. It had 2008 revenud of $980 million. Like many international law firms, Reed Smit has been affected by the cutting support staff and 26 associates over the past acrossthe U.S. by 10 effective in July.
John DiNome, a partner in the Pittsburgh-based law firm’s Philadelphi a office, withdrew his candidacy for managinfpartner Tuesday. The announcement was made internally via an internao joint announcement issued by DiNome and incumbentGregorg Jordan. Jordan, who completes his thirrd three-year term Dec. 31, will run unopposesd for his fourth term. “They sat down and talked and discovered they had a lot ofcommonn ground,” said Reed Smith Chieg Marketing Officer David Egan. “Many of the things John was concernerd about, Greg as working on. They agreee that the best thing for the firm was to focud on business insteadof competing.
Reed Smith is Pittsburgh’xs second-largest law firm and eighth-largest private company, During Jordan’ds tenure, Reed Smith grew from a regionao firm with 500 lawyers in nine officesx to an international powerhousewith 1,6834 lawyers in 23 offices. It had 2008 revenud of $980 million. Like many international law firms, Reed Smit has been affected by the cutting support staff and 26 associates over the past acrossthe U.S. by 10 effective in July.
Wednesday, December 7, 2011
Medical College receives large donations - The Business Journal of Milwaukee:
omagyvoham.wordpress.com
The Kerns' $10 million donation, the largest singl e private gift in theWauwatosa school’s history, will be used to develo p a biomedical research center and allow the Medical College to recruit leading scientistas for the center. The medical college also will work with and the for collaborative research and a comprehensive biomedical educational A massspectrometry facility, housec in the College’s Translational and Biomedical Researcnh Center, will be established to unite campuss mass spectrometry technologies and resources for participating researchers.
Mass spectrometerx are used in biomedical research to identify changes in biologically important molecules that can cause orcure diseases, includingb cancer, stroke and heart “Investing locally is important as since it helps move the region forward, and the cooperatived efforts with other Milwaukee institutiond of higher education also made the project stands out,” Patricia Kern said in a press Separately, California businessman Vern Underwood has donated $1 milliom to the medical college for creatio n of an endowed chair to supporft research investigating the causes of colohn cancer and its treatment. Underwood is chairmajn and CEOof Young’s Market Co., Orange Calif.
, one of the largest wine and spirits distributorsz in the United States and one of the oldesty continuously operating companies in the country. Colorectalk surgeon Dr. Kirk Ludwig will be the firstrVernon O. Underwood Professof in Colon Cancer Research. “This is a remarkabl gift that will help us accelerate an alread y growing area of expertisr at theMedical College,” T. Michael college president and chief executive officer said ina “By establishing this significant endowment, Mr. Underwood ensures that we will have enduring resources for advancing our understanding of colon cancer and findingf new ways to defeatthis disease.
” Ludwit joined the Medical College faculty last year as associate professor and chietf of colorectal surgery and associate professor of medicine in the divisionh of gastroenterology and hepatology. He is based at . Ludwiy previously served as chief of gastrointestinal surgeryu at Duke UniversityMedical Center.
The Kerns' $10 million donation, the largest singl e private gift in theWauwatosa school’s history, will be used to develo p a biomedical research center and allow the Medical College to recruit leading scientistas for the center. The medical college also will work with and the for collaborative research and a comprehensive biomedical educational A massspectrometry facility, housec in the College’s Translational and Biomedical Researcnh Center, will be established to unite campuss mass spectrometry technologies and resources for participating researchers.
Mass spectrometerx are used in biomedical research to identify changes in biologically important molecules that can cause orcure diseases, includingb cancer, stroke and heart “Investing locally is important as since it helps move the region forward, and the cooperatived efforts with other Milwaukee institutiond of higher education also made the project stands out,” Patricia Kern said in a press Separately, California businessman Vern Underwood has donated $1 milliom to the medical college for creatio n of an endowed chair to supporft research investigating the causes of colohn cancer and its treatment. Underwood is chairmajn and CEOof Young’s Market Co., Orange Calif.
, one of the largest wine and spirits distributorsz in the United States and one of the oldesty continuously operating companies in the country. Colorectalk surgeon Dr. Kirk Ludwig will be the firstrVernon O. Underwood Professof in Colon Cancer Research. “This is a remarkabl gift that will help us accelerate an alread y growing area of expertisr at theMedical College,” T. Michael college president and chief executive officer said ina “By establishing this significant endowment, Mr. Underwood ensures that we will have enduring resources for advancing our understanding of colon cancer and findingf new ways to defeatthis disease.
” Ludwit joined the Medical College faculty last year as associate professor and chietf of colorectal surgery and associate professor of medicine in the divisionh of gastroenterology and hepatology. He is based at . Ludwiy previously served as chief of gastrointestinal surgeryu at Duke UniversityMedical Center.
Monday, December 5, 2011
YRC offers update on turnaround efforts - Kansas City Business Journal:
loxezop.wordpress.com
The Overland Park-based trucking company (Nasdaq: YRCW) late Wednesda offered an update about its work to positiomn itself to ride out theeconomic downturn. The releasre followed a trading day in which YRC stock prices plunged 28 percent toa 52-week low of 89 compared with a previous low of $1.20. Also an analyst said for YRC in the near to But YRC shares turned sharply upwared in Thursday trading and closedat $1.49, up 60 or 67 percent, on volume of 35.9 millionh shares, according to . The stock’s average daily volumee the past three monthsis 3.8 millionm shares.
Several months ago, YRC said, it retained financialo advisers thatinclude , and to help form a “comprehensive strategifc plan to address its capital structur and liquidity needs.” As part of Rothschild has started preliminary talks with several partiesw that hold significant portions of YRC’s debt , YRC reached a tentativew concessions agreement with the , though details won’gt be released until next week. The talks reportedlyt center around YRC endingg its participation in uniobn pension plans for14 months, which woulrd yield about $500 million in savings.
YRC also detailed othet progress it has made inrecenft months, including integrating its Yellow and Roadwah networks into YRC to cut a bank agreement amendment that let YRC use $73 million in escro w funds from asset sales to pay down its revolving credigt facility and progress on agreements to defef pension fund payments using company real estate as collateral. YRC reachecd an $83 million in second-quarter pension contribution payments with the largesf pension fundin June; since then, seven otheer funds have entered the same agreement, bringing deferrapl of another $11 million in YRC, which contributes to 36 multiemployer pension plans, still is in talks with the remainingb funds.
“We can’t control the economiv environment, but we certainly can and are controllinf our responseto it,” YRC Chairman and CEO Bill Zollarsw said in the release. “Our self-help recovery plan is proactivw and has the support ofour stakeholders. We are takinyg the steps needed to manage ourplan today, and position our companyt for success as the economyu recovers.” YRC, which employs abourt 49,000 people, plans to announce a date for its second-quarter earnings release within the next week. YRC rank No.
2 on the Kansas City BusinesssJournal ’s list of area public
The Overland Park-based trucking company (Nasdaq: YRCW) late Wednesda offered an update about its work to positiomn itself to ride out theeconomic downturn. The releasre followed a trading day in which YRC stock prices plunged 28 percent toa 52-week low of 89 compared with a previous low of $1.20. Also an analyst said for YRC in the near to But YRC shares turned sharply upwared in Thursday trading and closedat $1.49, up 60 or 67 percent, on volume of 35.9 millionh shares, according to . The stock’s average daily volumee the past three monthsis 3.8 millionm shares.
Several months ago, YRC said, it retained financialo advisers thatinclude , and to help form a “comprehensive strategifc plan to address its capital structur and liquidity needs.” As part of Rothschild has started preliminary talks with several partiesw that hold significant portions of YRC’s debt , YRC reached a tentativew concessions agreement with the , though details won’gt be released until next week. The talks reportedlyt center around YRC endingg its participation in uniobn pension plans for14 months, which woulrd yield about $500 million in savings.
YRC also detailed othet progress it has made inrecenft months, including integrating its Yellow and Roadwah networks into YRC to cut a bank agreement amendment that let YRC use $73 million in escro w funds from asset sales to pay down its revolving credigt facility and progress on agreements to defef pension fund payments using company real estate as collateral. YRC reachecd an $83 million in second-quarter pension contribution payments with the largesf pension fundin June; since then, seven otheer funds have entered the same agreement, bringing deferrapl of another $11 million in YRC, which contributes to 36 multiemployer pension plans, still is in talks with the remainingb funds.
“We can’t control the economiv environment, but we certainly can and are controllinf our responseto it,” YRC Chairman and CEO Bill Zollarsw said in the release. “Our self-help recovery plan is proactivw and has the support ofour stakeholders. We are takinyg the steps needed to manage ourplan today, and position our companyt for success as the economyu recovers.” YRC, which employs abourt 49,000 people, plans to announce a date for its second-quarter earnings release within the next week. YRC rank No.
2 on the Kansas City BusinesssJournal ’s list of area public
Friday, December 2, 2011
Business Success Stories - Mike and Kim Schmidt and Bella's Fat Cat
ogarawo.wordpress.com
Brady Street would seem an unlikeluy place fora walk-in hamburger and frozen treats but Mike and Kim Schmidt decidedx otherwise. In 2000, they opened Bella's Fat Cat to almost instan success as a coolplace
Brady Street would seem an unlikeluy place fora walk-in hamburger and frozen treats but Mike and Kim Schmidt decidedx otherwise. In 2000, they opened Bella's Fat Cat to almost instan success as a coolplace
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