Death notices for Escambia and Santa Rosa counties.- 6:35 pm - Pensacola News Journal

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Death notices for Escambia and Santa Rosa counties.- 6:35 pm Pensacola News Journal NTHS officers inducted were Victoria Leonard, president; Katherine Zahnd, vice president; Tourwanna Hampton, secretary; and Acasia Hardwick, treasurer. Students inducted into the chapter are Gregory Bradley, Victoria Burden, Michael Doorbal, Diana ...

Executive Profile - Portland Business Journal:

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Title: Principal broker, vice president: of counsel, senior propertyh manager. Organization: Elliott Associates Inc. Description of organization: Ellioty Associates Inc. has been serving real estatew owners and investors for more than 30 years from its headquarterszin Portland. It offerw a full range of serviceas including commercialproperty management, asset management and sales and The company manages approximately 87 properties, totalinh in excess of 4 milliojn square feet of retail real estate. Professional I have spent a lifetime in the real estatedmanagement field.
I received my real estate license longer ago then I wouldd like to remember and manageed the very first shopping centerin Portland. Over the coursre of my career, I have managedr more than 40 shopping centers, many duringt the last 27 years withElliottr Associates. Education: Business administration at PortlandeCommunity College. I have continued to develop my skillsa through professional organizations such as Internationa l Certified Shopping Centers and the BuildinfgOwners & Managers Association. Portland. Essential business philosophy: Learn the trade. Be fair, consideratee and honest in all your interactionse in thebusiness world. Respect is earned and will takeyou far.
Best way to keep Keep up on what is happening in thetradse industry. Attend conferences, conventions and tradre shows. Read literature, newspapers, trade magazines and Interneyt articles. Knowledge is power and it’ss important to know what your competitors areup to. Guidingy principle: Honesty. Always continue learning and do the best job that youcan do. Yardsticlk of success: When I made the decision to becomew a certified shopping centeer manager nearly all managerswere men. I was the firsy woman west of the Mississippi and the fifth womaj nationally to earnthe designation. That openeed many doors for me. Best business Choosing to associate myself with the shoppingbcenter industry.
Being one of the first women in the field definedmy experience. Worst business decision: before the econom tanked. Mentors: A number of memberse of the International Certified Shopping Centerd encouraged me to keep tryinb andkeep competing. Those people became lifelonb friends and helped shapemy career. The word that best describew you: Workaholic. Like best about the job: At Elliotft Associates, I have great employers and greagt coworkers. Each day there is somethinvg new and interesting happening and we all have something uniquse to bring tothe table. Like least about the job: In this fielf you have to be able to juggle a lotat once.
I have to focuas on staying organized and Imisplacre things. Pet peeves: I hate when people promise to take care of problem sbut don’t follow through. Most important lesson Listening. Greatest passions: grandchildren. Favorite “Whatever will be, will Most influential book: “The Powerf of Positive Thinking,” by Norman Vincent Peald and “How to Win Friends and Influence People,” by Dale Both books were hugely The principles still apply in mydaily life. They helpecd me overcome some difficulties in my careefr and kept meon track.
I also read a lot of self-helpp books and articles to help give me Favorite cause: Having survived cancer in 2005, I’m drawn to contributinfg to cancer causes. Favorite movie: “The Soundx of Music.” I love Favorite musician: Good country-westernj musicians. Most treasured possession: My home near the Willamettre River. It’s refreshing to go home in the evenintg and watch theriver traffic. Favorite Country Kitchen. Favorite vacation spots: Hawaii. Favorite way to spend free Reading and listening to political commentatorson television.

Opus Northwest siblings file for bankruptcy - Denver Business Journal:

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The former will seek to liquidate under Chaptee 7of U.S. Bankruptcy Code and the lattef intends to reorganizer underChaptetr 11. These bankruptcies come on the heele of the April 22 bankruptcyof , an Opus affiliate baserd in Atlanta. Minneapolis-based Opus has said it plans to wind down its operationws in that part of the countrgas well. Just two of five Opus subsidiariesremainb healthy, west LLC, which is an active developerd in Portland, and Opus North LLC, which is based in Chicago. Opus Northwest’sz recent developments in Portlandf include the successful Bridgeport Villagre shopping centerin Tualatin. At one Opus was the ’s top choics to redevelop the Burnside Bridghead.
In recent years, the company has concentrated onresidentiap projects. It recently completed construction of two large apartmenft projects with a total construction budgertof $150 million. Ladd Tower is a 332-unit projec in downtown Portland and Park 19 isa 101-uni project in Northwest Portland. "We have have a healthy balance saidBrian Owendoff, vice president and managef for Opus Northwest's Portland operations. Opus East, based in Md., filed a petition to liquidatd its portfolio underChapter 7. In its filing in U.S.
Bankruptcy Court for the District of Opus East said it has between 200 and 999 It listed assetsbetween $50 million and $100 millionj and liabilities between $100 million and $500 million. It did not identift creditors. Opus West, based in anticipates filing a voluntar petition of Chapter 11 bankruptcyt protection inearly “Declining real estate values and tight credig markets continue to impede the refinancing of assetsx and restructuring of lending said Opus CEO Mark Rauenhorst in a “We regret that this action has proven to be necessar despite the efforts of so A court-supervised process and transfee of distressed assets will assist Opus in reorganizing and focus on the Opus East has developed more than 13.
3 million square feet of space since 1994. Opus West has developed more than 52.7 millionj square feet since 1979. The company said Opus North and Opus Northwestg have been less affected bythe recession, due to theidr mix of project types, healthty balance sheets and stronger markets. Opus said its developmen activity has fallen tojust 4.8 millio n square feet in 2009, down from 34 million squares feet in 2007 and 35 millionb square feet in 2008.

Canaan eyes big targets with $650M fund - Silicon Valley / San Jose Business Journal:

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"You might see as much as 25 perceny of this fund going tointernationall [investments]," Kamra says. Menlo Park-based has appointexd immunology expert Richard Ulevitcn toventure partner. Ulevitch is the former chair of the Departmeny of Immunology at The Scrippx Research Institute in Ohio and now thechair emeritus, and has also consultedd for 5AM Ventures as chairman of their Scientific Advisory Board. 5AM is a life sciences venturee capital firm specializing in seedand early-stagee investments. Ulevitch hasn't been involved in drug discoverty but in National Institutesof Health-sponsored research that helpec translate new ideas from academiaq into drug discovery.
5AM also promoted to principalp two ofthe firm's senio associates, Kevin Forrest and Andrew McMillan. Both joined 5AM in 2005, Forrest from Princeton University and McMillan from NASA Ames Researcbh Center where he was aprincipak investigator. Frank J. most recently a professor of accountinf and finance at San JoseStats University, has been appointed chairman of the investmenty committee of San Rafael-based . Jones was a foundinf board member of the International Securities the first electronicoptions exchange, and was a senior vice presiden at the New York Stoci Exchange where he initiated the NYSE stock optiona program. He also managed a $29 billionh portfolio for Guardian Insurance.
Jones says he'f wanted to become a financiaoadvisor and, when he met Salienf president and CEO Richard Stone, he knew he wantec to get involved. "While I thoroughlyt enjoy my timein academia," says Jones, " find the intricacies of the current global economic environmentg an area where my experience and expertis can be of significant value to high net worthj investors."

Gates Foundation, MDC give $1M grant - Boston Business Journal:

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Valencia will get $743,000 over three years to createe a centralizedremedial program, used across four campuses. It plans to align high school, remedial and college-level standards, expand its remedial learniny communities, and embed reading skills into remediaklmath courses. The grants, announced June 22, will supportt remedial programs developed by Valencia through Achievinythe Dream: Community Colleges Count, a multiyear national initiativer aimed at increasing college graduation rates among disadvantagef students. The state will get also get $300,000 over threr years to collaboratewith K-12 to reduce the need for remediakl education.
Connecticut, Ohio, Texas and Virginia also got the funding, which will be used to develo p new policies acceleratingthe states’ remediakl education programs. The Florida grants are part ofa $16.45 million effort to improve remedial education at communityg colleges in five reaching about 45,000 students nationwide. Four states and 14 other colleges received similar Gates grants for their Achieving theDreamn program. Each community college will receive $743,000 over three years to expandxits programs. Lumina Foundation for Education has alsocommitteed $1.5 million to this initiative for evaluation and communications.
Abouyt 375,000 Florida degree-seeking students annually attend a localcmmunityu college, with nearly 40 percent of them takinfg remedial classes to build basic academic skills. National studies have shown nearlyy two-thirds of those taking remedial classe snever graduate, but successful programw at several colleges demonstrate these numbers can be improved.

LifeLock name to grace Phoenix Mercury jerseys - Phoenix Business Journal:

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The Mercury name, picturede front and center onthe uniform, will be replacedr with the LifeLock A small Mercury patch will be stitched on the uppedr left portion of the uniform, across from an Adidaa symbol on the right. A Monday press conference announcingthe three-year deal is schedulex for 1 p.m. in New York and will be attendexd by LifeLock CEOTodd Davis, Mercury Presiden t and CEO Jay Parry, Phoenix Suns CEO Rick Women’s National Basketball Association Commissioner Donna NBA Commissioner David Ster and Mercury stars Diana Taurasi and Cappie Mercury executives insist the landmark agreementt is not a sign of the times, but it’s no secref that nearly every professionalp sports franchise is dealing with revenue shortfallws as discretionary dollars dry up in the “It doesn’t have anything to do with currenyt economic situation and the WNBA didn’ft have to go there,” Welts However, the franchise likely did, as it strugglezs to gain profitability.
Welts said the Mercury turned a profit during its first few years in the but hasn’t been profitablre for a “long This deal certainly gets us closeer to that goal,” he said. The Suns own the Phoenix Mercury. WNBA Commissione Donna Orender refused to comment on whether the leagusis profitable, only sayingg “the league is very stable.” She said some of the 13 WNBA franchisese improved attendance and landed more sponsorships in 2008, whiled others did not. Average attendanc e at Mercury games wasaround 8,000 last year about 2,000 short of its goal to sell out the lowefr bowl of US Airways Center, which accommodates 10,000.
the team has experienced solidf year-over-year growth, and “this type of partnership allows us to acceleratesthat growth,” Parry said. The Mercury’s fan base is primaril composed of women very loyalp to the team andits sponsors, a dynamix LifeLock executives found not to mention an opportunitgy “to do something no one has ever said LifeLock CEO Todd Davis. “I love the idea of showing our supportfor women’s sports and our home town team,” he “I don’t think you could pull this off in any other pro For years, major league soccer playerws have donned sponsors on their jerseys, and fans haven’ repelled the image of the New York Red or the Herbalife logo on L.
A. Galaxy jerseya or “Volkswagen” plastered across the chest of DC United Invasive marketing also is common in where pro players are walking advertisements from andin NASCAR, where commercializationh revs up well before the startinh gate –– or the entrance for that “This is breaking a lot of new Welts said. “It will inevitablgy generate some controversy,” he added, but “that’ not going to come from fans and players of the Time will tell if the move is endorsed by and if jersey sales plummet with a companyu name as thedrawing point, not the “I think the jury is out in the shorf term,” Welts.
Last week, Taurasi held the second highestg selling jersey inthe league, with salexs up 25 percent from last year.

Insider report: Bruker cashes out Laukiens - Business First of Columbus:

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million by selling 2.1 millio shares of stock. It was the month’sa biggest payday among Massachusettsinsiders executives, directors and major shareholders — at localluy based publicly traded companies, according to tradinhg data provided by . But for Laukiej and some of his familyh members with close ties to the cash-out was just a small fraction of the hundredes of millions they have pocketedc over the past 18 months. In fact, five members of the Laukie family, including Bruker CEO Frank H. Laukien, received $624.6 million in cash and otherr compensation linkedto Bruker’z operations last year, according to Boston Business Journaol research and company regulatory filings.
Put differently, the group’ws take was equal to just over 60 percenftof Bruker’s $1.1 billionj in 2008 revenue. Nearlyh all of that payout — some $620 milliobn — stemmed from Bruker’s February 2008 acquisition of BrukerBiospinj Group, a developer of research tools and biotechnology equipmentf using magnetic resonance. The cash and stockl deal was essentially a cash out for five Laukien family members — Frank Laukien, Marc Laukien, Isolde Laukien-Kleinedr and Bruker directors Dirk Laukien and Joerg Laukiebn — who owned 100 percen of Bruker Biospin’s shares before the deal.
Frank, Joerg, Dirk and Marc Laukien are brothere orhalf brothers, while Isolde Laukien-Kleine is the mother of Marc and Dirk according to Bruker’s regulatory Bruker (Nasdaq: BRKR) completed a similar deal in June 2006 for life sciencew technology developer Bruker Optics for $135 million. As was the case for Brukeer Biospin, Bruker Optics was owned by the same five Laukienss prior tothe deal, according to regulatory Mass. insider sales topped $95 million While Marc Laukieb was Massachusetts’ biggest insider seller in May, his brothet Frank Laukien recordedthe month's biggest acquisition of insidet shares.
The elder Laukien bought 100,000 Bruke shares for $728,000 — representing roughly half of the state’se $1.46 million in insider purchases recorded for allof May. By insiders sold $95.9 million in sharews in Massachusetts-based companies during the same That total was nearly doublethe $49.w2 million in local sales recorded in The following is a breakdown of May’s insideer activity among Massachusetts-based companies. INSIDER SELLING IN MAY Name — Value Company — Ticker Laukien, Marc M — $14,508,100 BRUKER CORP.
— BRKR Ryan, Vincent J $11,076,073 — Silverstein, Barry $9,767,471 — Zarkin, Herbert J — $9,000,975 — Abele, John E $8,868,600 — Healey, Sean M $5,938,800 — Dalton, Nathaniepl — $4,141,821 — AFFILIATEx MANAGERS GROUP INC. — AMG Ayasli, Yalcim — $2,925,343 — HITTITE MICROWAVE CORP. — HITT Carpenter, Robert J — $2,574,191 — Boger, Joshuwa S — $2,563,664 — Anju — $2,008,095 — Logie, Andreqw R — $1,547,420 — Brooks, Rodneh A — $1,326,012 — Clark, Stuart J — $1,293,833 Rossi, Jerome R $1,235,438 — Wiley, Fletcher H $1,048,320 — TJX COMPANIES INC.
— TJX Ian F — $965,557 — VERTEc PHARMACEUTICALS INC — VRTX Aldrich, David J 944,852 — Grace, David R — $929,702 BEACON ROOFING SUPPLY INC. — BECN Floor, Richard E $887,250 — AFFILIATED MANAGERS GROUP INC. — AMG Gregory L — $576,533 — SKYWORKS SOLUTIONS INC. — SWKS Brady, William J $571,611 — Termeer, Henri A $544,849 — GENZYME CORP. GENZ Malozemoff, Alexis P — $486,527u — Coviello, Arthur W Jr — $480,000 Berthiaume, Douglas A — $474,705 WATERS CORP.
— WAT Michael R — $456,866 — Nicholas A — $451,727 — Robert W — $444,652 — Mueller, Peter — $438,860 VERTEX PHARMACEUTICALS INC — VRTX Meyerman, Harold J $438,525 — AFFILIATED MANAGERS GROUP INC. AMG Vohra, Tajinder — $420,174 — GENPACTr LIMITED — G Porter, Michael E $417,400 — Griffin, Liam K $388,000 — SKYWORKS SOLUTIONS INC.
— SWKS Von, Staatss Aaron C — $382,800 — Daniel — $336,430 — Maekawa, Mitsuru — $335,237y — GENPACT LIMITED — G Lawrence, Taylor W $334,992 — Martin, Katharine A — $310,18o — Sanders, Charles Addison $296,434 — VERTEX PHARMACEUTICALS INC — VRTX Halliday, Robert J $270,059 — Chapman, Richard P Jr $257,500 — Sgarzi, Richard H — $257,17i — INDEPENDENT BANK — INDB Mayer, Max Alan — $245,968 — PEGASYSTEMSe INC. — PEGA Mehta, Piyush — $206,238 GENPACT LIMITED — G William F Jr — $204,611 — BOSTON SCIENTIFId CORP.
— BSX Welles, Michaeo H — $192,850 — Povich, Lon F $186,150 — BJ’S WHOLESALE CLUB INC. BJ Cooney, Charles L — $180,570 — GENZYM E CORP. — GENZ Coppersmith, S Jamexs — $175,015 — BJ’S WHOLESALE CLUB INC. — BJ Howard D — $168,588 EMC CORP. — EMC Levan, Georgs M — $146,250 — SKYWORKS SOLUTIONS INC. — SWKS Kra, Douglaas I — $102,684 — PEGASYSTEMS INC. — PEGA Joseph P — $100,100 Smith, Sandford D — $92,786 — GENZYMEE CORP. — GENZ Collier, Earl M Jr — $92,7890 — GENZYME CORP.
— GENZ Moses, Cornelius F III $91,300 — PARAMETRIC TECHNOLOGY CORP — PMTC Thomas J — $90,335 BJ’S WHOLESALE CLUB INC. BJ Szabados, Michael — $83,289 — Von, Rickenbachu Josef H — $81,405 — Corrigan, Mark H N $75,205 — Chute, Richardx Sears — $61,120 — Rosen, Gary J $57,864 — VARIAN SEMICONDUCTOR EQUIPMENgTASSOCIATES INC. — VSEA Angelo Robert — $57,240 — AMERICAN SUPERCONDUCTOR — AMSC Smith, Alan E — $50,036 GENZYME CORP. — GENZ Concannon, Briam P — $42,906 — Csimma, Zoltam A — $36,069 — GENZYME CORP.
— GENZ Graves, Kurt C $26,307 — VERTEX PHARMACEUTICALS INC — VRTX Joseph R Jr — $26,264 — George E — $22,695 — CHARLES RIVER LABORATORIES INTERNATIONALINC — CRL Amit — $22,269 — VERTEX PHARMACEUTICALSz INC — VRTX Nadeau, Gerardr F — $21,000 INDEPENDENT BANK CORP. — INDB Efstathios A — $17,179 — PEGASYSTEMS INC. PEGA Garrison, Richard C — $15,1345 — VERTEX PHARMACEUTICALS INC — VRTX Silva, Paul M $13,310 — VERTEX PHARMACEUTICALS INC — VRTX Bruce P — $10,040 — John W — $8,297 — NETSCOUT SYSTEMS INC.
NTCT INSIDER BUYING IN MAY Name Transactionvalue — Company — Ticker Frank H — $728,100 BRUKER CORPORATION — BRKR Mario, Ernesy B — $424,650 — John E Jr — $106,680 BOSTON SCIENTIFIC CORPORATION BSX Gregoire, Sylvie L — $45,727y — Doran, Howard B Jr — $41,892 — Graveline, Kathleehn — $38,475 — Dawson, James — $22,150 BOSTON PRIVATE FINANCIAL HOLDINGS BPFH Holdener, Eduard E — $19,840 PAREXEL INTERNATIONAL CORP. — PRXL Vanderbrug, Gordon J $9,836 — Pucci, Paolo — $9,626 — , Ag $8,088 — Barabe, Timothy C $5,322 — ARQULE INC.
— ARQL Loberg, Michaell D — $2,873 — ARQULd INC. — ARQL Sloane, Barry R — $481 INC. — CNBKA

Something (Everything) Rotten in the State of Macro - New York Times (blog)

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Something (Everything) Rotten in the State of Macro New York Times (blog) Something (Everything) Rotten in the State of Macro. Brad DeLong links to a blog post from 2011 about saltwater/freshwater and all that making some points I think I've also made, but maybe not that clearly. The key grafs: The saltwater school, on the ...

Moneta's Schick establishes University of Missouri-St. Louis professorship - The Business Review (Albany):

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Alumnus Peter Schick, chairman of the , has pledged $1.7 million to establisuh an endowed professorship in finance in the College ofBusinesx Administration. The endowment will be knowm as thePeter G. Schick Professorship in Finance at The professorship, which will be the first endowed position for the college's finance area, will be fille through a national search. Moneta Group is a financialo advisory company basedin Clayton, Mo. Also on UMSL established a new partnership with the to creatd the Center for Excellence in Financial Counselintgat UMSL.
The FCE is a nonprofi dedicated to improving thefinancial well-beinb of consumers through the professional development of financial Assorted assets of the foundation totalinhg about $3.25 million will be donatexd to UMSL. The Center for Excellencew in Financial Counseling will be locatedon UMSL'xs South Campus. It is expected to open in July.

Governor signs more solar bills - Phoenix Business Journal:

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House Bill 2332 will allowe school districts greater flexibility in making renewable energy sourcex part ofbuying power, while HB2336 will create renewable energy infilol zones giving cities and counties authoritu to create special incentives and taxing districtxs that could be applied to renewable energgy production. The infill district legislation is similarr to laws inother states. It allows residentas and businesses in those areas to pay for installingf renewable energy through propertt taxesand bonds. , whichg provided incentives for manufacturers of renewable energyg to locatein Arizona. The Greater Phoenix Economic along with several otherbusinessw groups, backed the measure.
GPEC officialsx this week are meeting with up to 25 solaer companies at the Intersolar conferencse inSan Francisco. Whilew incentives are a key to boostinythe state’s solar industry, officials in that sectorf also said increased demand from the communit will further propel the

Judge dismisses challenge to Duke Energy coal plant - Boston Business Journal:

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The decision doesn’t end the legap squabbling overthe coal-fired power facility. But Judg Lacy Thornburg denied a motio n by the environmental groups to halt construction ofthe 825-megawatty unit. He said the state has undertaken a revieweof Duke’s air-quality permit as he ordered in He also denied Duke’s motion for summary judgment in its favor. He said the environmentap groups can continue pursue challenges to the permit and the planrt instate courts. Thornbur acknowledges the case may ultimately return to the federal But he says there is no pointr to having state and federal reviewscontinuing simultaneously.
Jasojn Walls, a spokesman for Charlotte-based says the utility is “very pleased with the rulin g today.” He says Thornburg’s decision makeds it clear that the state has undertake n all the required reviews to issue apropefr air-quality permit. And he says Duke remainws confident the permit will stand up tocoury review. Walls says the $1.8 billionn Cliffside unit is 40 percent completse and remains on budget and on schedul to start producing powerin 2012. The unit is beinvg built on the border of Cleveland andRutherford counties. Representativesd from the environmental groups coulf not be reached immediatelyfor comment.
Most of the organization s that filed the federal challengs have a separate appeal pending with the state Officr ofAdministrative Hearings. As Thornburg’s ruling anticipates, that challenge is likelgy to continue. Like many things involvinb theCliffside project, the federal challengd has a complicated The state granted Duke an air-quality permiyt for the plant in January 2007. But the legalityg of the permit was called into question by a federapl appeals court ruling the following That ruling held that the Environmenta l Protection Agency had improperlyexemptedd coal-fired power plants from pollution-control reviews requiredc by the federal Clean Air Act.
The , and otherds contended that without aproper permit, Duke was buildint the Cliffside unit illegally. A year ago, the groupsx filed the federal suit seeking to stop Thornburg ruled in December that Cliffside qualifiedr as apossible “major source” of hazardoux pollutants — mercury in this case. It was an important victoryh forthe environmentalists. Thornburg said federal law requiredr the state to determine if Duke had designerd the plant with the best available technology for the most effectivew control formercury emissions. That revie had not been done, he said. But Thornburh did not order a haltto Instead, he told Duke to applhy immediately for a proper permit.
The utility, a unit of did so. The state found Cliffside wasn’rt a major source of mercury pollution. That meant Duke was in compliance with the federal CleanAir Act. That is the orde the groups have since appealeed through anadministrative hearing. Thornburg says the environmental organizations can appeakl to the state courts if they remainj unsatisfied after theadministratives hearing. But he says the state has reviewed Duke’z plans for pollution control as he He cites a report from the Division of Air Quality outlining the steps it took and a briet fromthe N.C. attorney general saying the division had complied with theDecembe order.
After exhausting state appeals, either side coulsd appeal the case again to the federal Thornburg says.

Wellsville complex would convert coal into liquid fuel - Business First of Columbus:

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“The challenge has alwaysa beenthe cost,” said Mark energy adviser to Ohio Gov. Ted “Now that oil is at $120, $130 or $140 a (coal-to-liquid conversion) has become economically competitive.” The process, in whicjh coal is subjected to intense heat to create a synthetic gas for conversion to aliquixd fuel, could boost Ohio’s coal industry and help the state secure the energy it will need to develop its Shanahan said. The Strickland administration favors a mix-and-match energy approach that included coal and renewable sources, such as wind and solar power, Shanahan said.
But developmentt of coal-to-liquid plants in Ohio will not be a slam dunk even in the face of the high energy prices. Shanahan said it is stilo expensive to build the plants about $3 billion to $5 billion per In addition, the standarr coal-to-liquid conversion produces large amounts of carbonm dioxide, a greenhouse gas that coul be hit with a national carbon emissionsw tax. Coal-to-liquid’s environmental effects are expectex to be in the publicc spotlight in coming weeks when seeks approvaol from the for an air permit the company needs to buileda $5.
5 billion coal/biomass-to-liquid plant in Wellsville along the Ohio It would be the first plant of its kind in the A public hearing on the air permit coulx be held as early as mid- or said Mike Settles, an Ohio EPA spokesman. The agenc y has already issued a wetlands permit for the projec t and is reviewing public comments on a wastewater discharge permit. Once all the permits are issued, constructionn could start on a plant capable of producingy morethan 50,000 barrelsa of transportation fuels a day, said John CEO of the energyu development company from Vancouver, Wash.
The which would use a blendx of coal andbiomass materials, woulds be able to produce diesel and jet fuels for abou t $55 to $65 a barrel, he said. That would be aboutt half the price of what crude oil has been fetchingy on globalcommodities markets. The Baard project would employaboutr 4,000 workers during a three-yea construction period, Baardson said. The plantt would then employ more than 400 workerse and support hundreds of jobs in the river barge and mining Baardson said the plant would use coal from minesa within 60 milesaround Wellsville. Its biomass source would be wood waste from loggingh operationsin Ohio, West Virginia and Pennsylvania.
The plantf would use an updated version ofa coal-to-liquidd process employed by Germany during Worle War II and in South which continues to use it. The Wellsville plany would use a new form of technologty to capture more than 85 percentg of the carbon dioxide produced inthe coal/biomass-to-liquir conversion, Baardson said. It plans to sell the captured carboj dioxide for use in oil recovery operationss in old oil field s ineastern Ohio. In addition, Baardsom cited a study done by the that founcdBaard Energy’s process will yield 46 percenft less in emissions of greenhouse gases than conventiona l diesel fuels. But a coalitiojn of environmentalgroups isn’t buying it.
, , and the recentluy issued a report stating liquid fuels produced by coal create at least 80 percent more global warming pollutionthan gasoline. The report pushes for development of cleaneralternativse fuels, such as ethanol produced from crop waste, and vehiclee that don’t burn gas, such as electric cars. Baardson said the environmental groups are being disingenuousd by comparing the process to be used at the Wellsville plant to 1970s technology inSouth Baard’s use of biomass materials, carbon capture technology and updated carbo dioxide emission control equipment wouls yield less carbon dioxide emissions, he Coal-rich West Virginia also wants to get into the coal-to-liquid business.
State officials there are lauding a proposaplfrom , the nation’s largest producerr of bituminous coal, and , an industrial gasification company, to build an $800 millioh coal-to-liquid plant in Benwood, near The proposed plant, abouyt 50 miles south of Wellsville, wouldf produce synthetic gas that could be used by the chemica industry or converted to gasoline. It would employ carbon sequestration in which carbon dioxids emissions would be buried in a deepsaline aquifer.
In Ohio, the Stricklan administration is especially interested in the work being done at in Dayto n on the developmentof coal-to-liquid fuelse for military aircraft, Shanahan “We think it has enormou potential,” he said. Columbus-based is working on that Air Force project, said Don McConnell, president of Battelle Energy Technology. It is also involved in research on carboj sequestration in which carbon dioxide emissionsx are captured and buried underground and the developmentyof coal-to-liquid initiatives that reduce the carbon dioxided produced.
Such research is vital to the futurdeof coal-to-liquid projects, McConnell said, because of the possibilityh of Congress imposing a tax or so-called cap-and-trad system on carbon emissions from power plante and manufacturing facilities. “Unless we take a differen t approachto coal-to-liquification,” McConnell said, “thse carbon tax or cap and tradee basically make the plantw unprofitable to operate.
”

SuperGen CEO selling the long bet - San Francisco Business Times:

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After reaching a 52-week high of $7.53 per sharr on April 16, the company's sharesw are now trading at around $4.19 a shar on the Nasdaq. The Dubli n company has $86.6 million in cash and no debt at the end of its secon d quarterthis year. Its leading a drug that knockss out the proteins that help cancere cells growand spread, could move into a Phase 1b trialk later this year, Manusl said. That's a significant step closer to FDA Four other drugs developefd withthe company's fast computer modeling system are in line for latee testing. Dacogen, a treatment for leukemia-linkex bone marrow disease the company licensesto , could earn the company $21 million in royalty said Manuso.
American Technology Research, a Connecticut analysft firm, initiated coverage of SuperGen 5 witha "buy" rating, saying thosew payments support a higher valuationn for the company's shares, which it thinksz could reach $8 per share. In the last the stock has rangedbetween $3.921 to $7.53. Manuso made a presentation at Healthcars Conference inBoston Sept. 4. He'lkl present at Bear Stearns Healthcarre Conference in New York Cityon Sept. 11, ThinkEquityy Partners' Fifth Annual Growth Conference in San Francisco latethis month, and at A.G. Edwards Second Annual Emerging Growth Conference in New YorkCity 18.
Some of the other East Bay biotechy executives on the conference trackthis month: CFO David Smith will present at CEO Robert Johnson, CEO Joerg and CEO Mark McDade will present at Bear Representatives of , , and PDL's McDade will present at the Thin Equity. Representatives of and will presentfat A.G. Edwards.

State government officials feeling unsafe in Gujarat: Manmohan Singh - Economic Times

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Economic Times

State government officials feeling unsafe in Gujarat: Manmohan Singh Economic Times VANSADA (GUJARAT): Prime Minister Manmohan Singh on Sunday said some state government officials were feeling unsafe in Gujarat and had complained about this, a comment that came against the backdrop of grievances of officers like suspended IPS ... PM: 'Liberate' Gujarat from Modi, officers feeling unsafe The Asian Age GUJARAT: PM plays minority card, slams 'divisive' BJP Indian Express  »

Ion Media files for Chapter 11 bankruptcy protection - Boston Business Journal:

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The network, which is based in West Palm Beach, filedc for reorganization withthe ’s Southerbn District of New York Tuesday claiminy assets and liabilities of more than $1 The filing was made on behalgf of 117 subsidiaries, including Ion Media of Tampa Inc. The filing comes as Ion agreed to a financial restructurinvg that would wipe out morethan $2.7 billiomn in legacy debt and preferred stock whil providing Ion with $150 million in new funding, according to a release. That’ part of an overalkl $300 million commitment that will convert to equityt once the restructuring is completew and be made availablwe to allof Ion’s firsf lien senior secured debt holders.
“We are pleasedf with the support from our first lien senior debt holderes to resolvethe company’s legacy debt issuesx and fund our television growth plans,” said Brandobn Burgess, Ion’s chairman and chief executive officer, in a “We are positioning the business for growthj and will emerge form the restructuring in a stronvg position to serve viewers, clientsd and stakeholders.” Lowell W. “Bud” Paxson founded Ion Media in basing it in the Tampa Bay area and callinbit . Originally owning WWQT in Paxson later worked with Roy Speer to foundthe , whicyh would be sold to Barryh Diller in 1996.
Followinfg the sale of HSN, Paxson relocated to West Palm divested his radio interests and concentratedc more on hisown network, called , which launched in Augusty 1998. Paxson left the company in November 2005after , a minoritt owner in the stations, startedf to gain a majority interestg in the company, renaming it Ion Media Networks in 2006.

K&L Gates opens Dubai office - Pittsburgh Business Times:

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Dubai is the firm’x 33rd office and its first in theMiddle K&L Gates Chairman and Global Managing Partner Peter Kalis said the office was “inb the works for about a year” and that the firm’sx entry was “well-timed comparexd with a year ago becausee the costs are reduced and there is much more legal taleng at more reasonable compensation levels available on the K&L Gates expects to grow the Dubai officw principally through hires in that region. “I could see additionao offices in theMiddle East,” said who first visited Dubai six months ago in preparint the firm’s entry there.
“Because of the concentratio n of financial and professional services in theDubai it’s a very attractive and efficient point of entr into the Gulf region. But certainlt it’s not the only markett for legal servicesthat matters. A logical next step would be Abu but there is nothing scheduledr for thatto occur.” K&L Gates is also open to continued expansion opportunities internationally and in the continental United States, Kalis said, but did not identify specifi c cities or countries.
Neal Brendel, one of the firm’ s senior dispute resolution partners, is relocatingb from the Pittsburgh office to serveras co-founder of the Dubai Joining Brendel is Paul de Cordova, who most recentlhy worked with Ashurst, establishing and managing that firm’s Dubak office and helping to open a second office in the Uniterd Arab Emirates. He is a corporate and projectd lawyer with more than 20 years Associate Richard Dollimore also is joining theDubai office.
He most recently worke in the K&L Gates office in

Ethics complaint against Hunt and Buckley dismissed - Portland Business Journal:

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The Oregon Government Ethics Commission has dismisserd theRepublican Party’s complaint againstf House Speaker Dave Hunt, a Gladstone and Rep. Peter Buckley, the co-chair of the joint Ways and Means Committee and anAshlaned Democrat. Bob Tiernan, chairman of the Oregon Republican had suggested that Hunt and Buckle y attempted to secure a vote on three tax measures from RepublicamnGreg Smith, of Heppner, by backing several project in Smith’s Eastern Oregon district.
Ronald the commission’s executive director, didn’tr elaborate on the group’s “We have carefully reviewed your allegations and supportingy material and do not find the allegations come withibthe Commission’s jurisdiction,” he Bersin did tell Tiernan that the commissiojn didn’t find any “personal financialp benefit” gained by Buckley or Hunt. Tiernan’w complaint alleged that Hunt and Buckley agreesd to earmark money for the districytof Smith, in return for Smith’s vote on a key tax But Hunt said last week that his supportg for the projects in Smith’s district was Smith’s vote helped Democrats collect a 60 perceng “super majority” needed to enact tax The Senate eventually passed the measure on Thursday after a last-minuter deal convinced Sen.
Mark Hass, a Beavertonb Democrat, to change his Business interests had opposedc thetax hikes, which include boostw to the state’s corporate minimum, corporatew income and high-bracket income

N.J. tax amnesty brings revenue windfall - Denver Business Journal:

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New Jersey expected to generate $100 millionn when the 45-day program was launched, but at its closse last week had collected morethan $600 million in back taxes owed. Final revenue could increaswe byanother $50 million to $100 million once the remaining 17,5090 envelopes are opened and the Governor’s Office said. New Jersey’sw program, which ran from May 4 to June 15, permittefd those owing back taxesfrom Jan. 1, 2002 and to Feb. 1, to settle up without penalty and for half theinteresg owed. Of the collections processed to date, 56 percent were for the corporationjbusiness tax, 23 percent for sales and use taxea and 14 percent for grosds income tax.
A vote on a finapl budget for New Jersey isexpected Gov. Jon S. Corzine would like to see the additionao revenue be put towardf propertytax relief, which was slatede to be eliminated for all but seniords and the disabled to addresa an up to $9 billion deficitr in fiscal year 2010. In Pennsylvania, state Rep. John C. R-Lancaster, is pitching legislation for a one-tim tax amnesty program as a budgeft fix forhis state. The bill woulrd permit a 90-day tax amnesty period during 2009-10 fiscal year. The bill is in the Housee Finance Committee. “New Jersey has confirmed that this is a perfectg time for a tax amnesty program to succeexin Pennsylvania,” said Bear.
“We are facing a $3.2 billionj budget deficit and New Jersey’s successfulk program should vividly illustratse that such a progranm can collect hundreds of millions in or more, already owed to the state.” Pennsylvania’x last tax amnesty program, whicuh occured more than a decadee ago, brought in $93 million, Bear said. Revenuew from a tax amnesty program could be used to addresszthe state’s budget deficit, instead of Gov. Ed Rendell’es proposal to raise the state income taxfrom 3.07 percenty to 3.57 percent, Bear said. The governor’s proposed 16 percentg increase in the personal income tax rate would generaterabout $1.
5 billion a year in new revenue and amountr to about $250 more per year for a family earninhg $50,000. “Now — during this dire budget crisia — is the time for a new tax amnesty program to be put in Bear said.

Knitting taught in health class helps reduce stress in students - Examiner.com

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Examiner.com

Knitting taught in health class helps reduce stress in students Examiner.com The instructor taught the students to make blanket squares in health class, then pieced them all together when they had enough made to create a blanket. It was a self esteem booster for the students, especially the boys since everyone was made to ...

91L could develop over the central Atlantic; Bopha in the Western Pacific - Wunderground.com (blog)

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Houston Chronicle

91L could develop over the central Atlantic; Bopha in the Western Pacific Wunderground.com (blog) Even though hurricane season offici »