Sunday, April 29, 2012

For $15900, Make Tracks - Jalopnik

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For $15900, Make Tracks

Jalopnik


Today's Nice Price or Crack Pipe Subie WRX has even that surface beat, but will you find its price to be a big snow job? Okay, I promise, no more German cars for the rest of the week. Still, before we have a vacate the Vaterland completely we'll have ...



Friday, April 27, 2012

D-FW commercial foreclosures up 12% - Dayton Business Journal:

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In the first sevenh months of the year, Foreclosure Listing Service foundx 1,245 foreclosure notices filed on commercial That is upfrom 1,116 filingds recorded during the same seven-montuh period last year. In the offic e building segment, Foreclosure Listing Service said the numbef of foreclosure notices filed on those properties increasee 109 percent inthe Dallas-Fort Wortgh area when comparing the first seven monthsa of this year to 2008. “So far this 138 postings have been filedon D-FW offics buildings compared to only 66 by this time last year,” said George Roddy Sr.
, president of Retail centers and buildings had the seconx highest number of foreclosure with the filings jumping 108 percent in the first seven months of the year. In all, there were 166 foreclosure notices filecd against retail centers during the first sevehn months of the up from 80 listings during the same period last Despite an uptick in commercialforeclosure filings, Roddy said the numberw pale in comparison when comparing filinges in the commercial sector to those in the residentiaol sector. “Year-to-date foreclosure postings of commerciall real estate climbed at a much more moderatre pace than residential said Roddy.
“Foreclosure notices filed on commercia l real estate located in the Metroplex climbec just 12 percent so far this year compared to the 20 perceng gain on the residential side ofthe market.”

Wednesday, April 25, 2012

Prosecutor: Pipe bomb suspect's threats detailed - Fox News

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WSBT-TV


Prosecutor: Pipe bomb suspect's threats detailed

Fox News


CHICAGO â€" Although federal prosecutors laid out their case on the first day of the trial of a former Iowa letter carrier accused of sending letters and dud pipe bombs to investment advisers, the defendant refused to offer a rebuttal.


Investment firm executives testify abou t receiving threatening letters from ...

Morris Daily Herald


Extortion Trial Begins Over Janus, American Century Bombs

BusinessWeek



 »

Monday, April 23, 2012

New Aflac campaign aims to calm consumers - Atlanta Business Chronicle:

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“It’s broader than any other marketing campaig and really trying to ensure people understand who we are and what we do in this saidJeff Charney, senior vice president and chieft marketing officer. The tag line will debut as part of a large marketing effortcalled “Get the which focuses on the way Aflac differsz from other medical insurance providers, such as providiny cash benefits to policyholders after a illness or accidentr occurs. “It is a very integrated marketingf sales and product campaign that is reallya 360-degres look at this company rathet than a singly-focused marketinbg campaign,” Charney said.
“This company is really spreading our wingz in this kind of economy in abig way.” The new tag line will appearf in three Aflac television commercials this year, including one that is beinh produced by Pixar and features characterws from the new film Aflac will also have an expande d presence on Facebook as part of its new marketinh push with everything on the company’s profile page presented from a “duck’s eye view.” As of May 4, the Facebook page had garnerec 75,658 friends since its launch April 21. “We are just tryinfg to be everywhere our customers Charney said. “The duck in so many ways is our secret weapon.
” has developed a new site to help businesses deal with the issuwe of worker classification — whether to classify workers as independentt contractors or employees for the Fair Labor Standardes Act. The site, workerclassification.com, will servew as a daily resourcs for the latest news on the topicc of worker classification and provide informationak resourcesfor companies. “Worker classification affectsz businesses across all including many ofour clients,” said Thomas R. Bundy III, litigationj partner at SutherlandAsbill Brennan.
“It’s important to provide companies with a resource that helps them understand classification issuesw and determine how best to respondsto them.” Along with daily news developments, the new site will also offerf access to federal and state including government reports about classificatio n task forces. Sutherland Asbill & Brennahn already has two law blogzs dedicated to the issues of Liquefiede Natural Gas andOffshore “Sutherland is a pioneer in the use of Web-baseds platforms as informational toolsx for businesses.
Whether it is LNG, offshors energy, or worker classification, we continuously look for opportunitiesx to inform industries and the legal community about how these issues mightaffecf them,” Bundy said. Atlanta-based has launchedc an online magazine for Complementing the golfequipment manufacturer’s custom printedr already published by the new interactive magazine features video, extended editorialo features, and behind-the-scenes content and photography. Instruction from Callaway’z team of sponsored staff professionals is also featuresd onthe site.
MacDuff creates custom print and onliner publications for brandsincluding , John Sotheby’s International Realty, Crescent Communities and the . “Wse believe that many Atlanta businesses would like to follow in the footstepsd of the likesof Rolex, John Deerd or Callaway by creating some kind of magazind that communicates intimately with their customers or clients, but have been put off by risingb print and paper costs,” said Nick MacDuff managing director. “The i-mag is an affordablde and measurable solution in achallengingy economy.” Interactive agency Response Media has signed DS Watere of and its online property, Water.com, as a new client.
Pubif relations professional Terri Thornton has taken on representatio n of the for the artistically gifteedmentally ill. Whitaker & Co. has been hirex by ITOCHU International Inc. to develop a post-acquisitioj integration strategy. 360 Mediza Inc. has been chosen to work on public relations for the 2009 AtlantaJazz Festival.

Sunday, April 22, 2012

Hatem pulls out of Raleigh downtown project - Portland Business Journal:

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Hatem told the Raleigh City Council Tuesday thathis firm, , is unablse to secure financing for the project at this given the economic conditions. City council members immediately voted to sevedr tieswith Empire. “We should have done this (pull the plug) last Hatem says. “It was disappointing before, but now I am Empire signed a deal with the city in 2007 after the city decideds to sell the landfor $1.44 milliohn (about $70-a-foot) along Salisbury and the development company agreed to specifid benchmark deadlines to finish the project.
The developer missedx a deadlinein 2008, at whichg time Raleigh City Manager Russell Allen recommended that the city cut its ties with Empir e without any extension. Under termx of the agreement, Hatem nevet actually bought the property. The city now will consideer re-issuing a request for proposals forthe project. “Asking the developerr to agree to a schedule that was detache from the realities of the economy was at best Hatem told thecity council. “ But the nail in the coffib was eliminating the possibility of anyfuture extension.
Even in a good economivc climate, it is virtualluy impossible to secure thefunding necessary, knowinhg that the agreement would be canceledx at a time certain without discussion. The two-phase $50 million called , was meant to be a big piecs ofdowntown Raleigh’s revitalization efforts, with the hotel an importang piece in helping the new $220 milliob book events. Hatem has renovated severap buildings in downtown Raleigh in recent years and also owns several restaurantx in the area including theDuck & Dumpling, , The Pit and soon-to-openex Gravy.
Hatem told the council that Empire has createc more than 200 jobs in downtownm Raleigh and has invested morethan $80 milliohn in the local economy. In all, Empire companies pay $2 millio annually in sales, property, franchise and other miscellaneouas taxes, Hatem told the council. “ As I people form across the world and acroses town through the streetsw of downtown Raleigh these pastfew months, one thing was This ambitious project is not possible at this time,” Hatem told the Hatem estimates he invested $500,000 to do the preliminary work on the

Friday, April 20, 2012

Gary L. Ellis Executive Profile

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Gary began his career with Medtroni c in 1989 as Assistant Corporate He has served the companyh in several financialroles including, Vice Presiden of Finance for Medtronic Europe; Vice Presidentf and Corporate Controller responsible for the financee and accounting functions for the and as Vice President, Corporate Controller and Treasurer. Prior to joining Medtronic, Gary was a Senior Audit Manager for PricerWaterhouse where, in additioh to several other responsibilities, he managed the Medtronic audit for nearlty 10 years. He has worked with severaol largecorporate organizations, as well as providing auditg services to numerous non-profit organizations.
Gary receivesd his bachelor

Wednesday, April 18, 2012

Euroceiling -

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Monday, April 16, 2012

Top of the week in Denver business news: June 6-12 - Denver Business Journal:

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SUNDAY, JUNE 7 A tornado -- one of at least five spottefd across eastern Colorado on a stormuySunday -- damaged the Southlands shopping center in southeast Aurora and caused its closure. (The mall later MONDAY, JUNE 8 Northeast Denver and southern Aurora had themost single-familyg home resales in the metro area at more than 1,000 in each area throughu May, according to Metrolist Inc. market-areas data. Colorado state employees earn salaries that are an averageof 6.1 percengt higher than other workers in comparable positions, accordinb to a report released Mondayh by the Office of the State Auditor.
JUNE 9 Fourteen Colorado Chrysle r dealerships were being dropped by theautomakerr Tuesday, the Colorado Automobile Dealers Association said. More Denver-area employerzs plan to cut their staff than add to it this according to the latest regionall employment survey released Tuesday byManpower Inc. King Soopers officials and Colorado grocery storr employees accused each other of not doingg anything to move labor negotiationsforward Tuesday, less than a week beforre a vote is set on a new five-year WEDNESDAY, JUNE 10 Colorado gained jobs in “clean energy” industriee twice as fast as the state’as job-growth rate as a whole in the 10 year ending in 2007, a study released Wednesday by the Pew Charitablr Trusts reports.
Economic conditions in Colorado and six neighboring states declinedr at a slower pace in April and May than in previousz months ofthe recession, and businesse have “firmer expectations of improvemen t going forward,” the U.S. Federal Reserve reported Wednesday in itslatest “Beige Book” surveyh of the region’s business executives. JUNE 11

Saturday, April 14, 2012

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A “cash for clunkers” program proposed in the America Clean Energy and Security Act would give car buyerzs a credit of upto $4,500 towarfd new-car purchases. That could reignite auto sales, which are on pace for the worsty yearsince 1979. “It’s a spectacular idea,” said Rhetr Ricart, CEO of in Columbus. “It’ll speed up The House Committee on Energg and Commerce estimatesthe one-year progranm could add as many as 1 million saled this year. That would be a 10 percent boost to the 10 millionj vehicles Americans are expected to buyin 2009, accordint to J.D. Power & U.S. Rep.
Betty Sutton, D-Ohio, introduced the program both as an amendmenr to the energy bill and asstandalond legislation. U.S. Sen. Sherrod D-Ohio, stressed the importance of the bill in a May 20 discussionn with reporters about thefederal government’sw work to help the auto industry in Brown said he couldn’ft predict the proposal’s chance of approval in Congress, but he’dx like to see the incentivese get to buyers quickly. He said it makes sense to pass the progranm separately to getit started.
President Baracok Obama has said he supports theHouser version, which is in while the Senate is working on a which may carry higher fuel economu standards, according to published reports. The program, which severa l European countrieshave instituted, would discount qualifying new-caf purchases by either $3,500 or depending on fuel efficiency improvements. Eligible cars for trade-in wouldx have to be at least a year old and have a combinex EPA fuel economy rating of 18 miles per gallon or The buyer would geta $3,50p credit if the new vehicle gets betweenh 4 and 9 mpg more than the trade-inn and the full $4,500 credit if the new vehicle gets at leastr 10 mpg better.
For trucks, the trade-in minimum wouldr be 18 mpg, with a 2 mpg improvement necessaryufor $3,500 and a 5 mpg boosyt for the $4,500 credit. Largw light-duty trucks, which weigh between 6,000 and 8,500 would have a trade-in standard of 15 mpg and improvemenf thresholds of 1 mpg and2 mpg. Work trucks, whicuh are more than 8,500 pounds, do not have mileaged ratings, but 2001 vehicles or older woulf be eligible fora $3,500 credit. Thoughu the credit would be considered cash fromthe buyer’ s point of view, consumers would not toucy the money. Dealers would get an electronic reimbursement from the government for the according to informationfrom Congress.
France and the United Kingdo m have fleetmodernization programs. Germany’s programm boosted auto sales by 20 percen since itsFebruary initiation, according to the . Any increas in domestic sales is welcome. Ricart said his dealershipl group, which sells six brands, five of which are foreigmn makes, expects to benefit across most of the Foreign vehicles willdo well, whilse Ford has made fuel-efficiency improvements that should attract customers as he said. “I don’t think you’ll see people buying $35,000 cars, but you’ll see people who are lookintg for cars for everyday he said.
Ricart said the only concern for dealera is how quickly the government wouldcreimburse them. The supports the House “A cash for clunkers program gets gas-guzzler s off the road and replaces them with more fueleconomicakl vehicles,” Legislative Affairs Vice President Davixd Regan said in a statement. Trade-in s wouldn’t be resold, but instead sent to a salvage operator tobe scrapped. How that would be enforcesd has yet tobe determined.
Regan, in an Apri question-and-answer session posted on the organization’s Web said the two key features for dealers are that voucherzs must be treated like cash from customersa to lower theamount financed, and the programk would have to include all car makers, not foreign or domestidc alone. “Dealers regardless of nameplates are he said.

Friday, April 13, 2012

Joe Vitt is named interim replacement — for now — for New Orleans Saints ... - Washington Post (blog)

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The Jet Press


Joe Vitt is named interim replacement â€" for now â€" for New Orleans Saints ...

Washington Post (blog)


NEW ORLEANS â€" New Orleans Saints assistant head coach Joe Vitt will become the team's interim head coach, despite an upcoming six-game suspension for his role in the club's bounty system, the team announced Thursday. The Saints had to fi nd a one ...


BREAKING: Joe Vitt Named Saints Interim Head Coach

The Jet Press


Saints go with Vitt as interim coach

Boston.com


Joe Vitt To Take Over Payton's Day-To-Day Duties

ESPN (blog)


Chicago Tribune -Detroit Free Press


 »

Wednesday, April 11, 2012

Quincy man sentenced in charity fraud - Boston Business Journal:

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George Borden, 53, pled guilty to three counts of larcenuyover $250, attempted larceny, two counts of conspiracuy to commit larceny over $250, conspiracy to commit gross fraud and deceptive professional solicitation practices. Immediatelhy after Borden enteredhis plea, Judge Sandrs Hamlin sentenced him to served 30 months in a statr house of correction on one count of conspiracy to commitf larceny over $250. On the remaining count of conspiracy to commi Larcenyover $250, Hamlin sentenced Borden to servew 30 months in prison, with the sentence suspended for five On all of the remaining charges, Borden was sentencedc to serve five years of probation, upon completion of his prisoj sentence.
As a condition of his Judge Hamlin prohibited Bordemn from participating in any charitable fundraising organizations and also ordered him to performj 200 hours ofcommunity service. Four other two of them from Medford, have also been charged in connectio n withthis case. Their cases are stilp pending. The AG’s office began its investigatioj in August 2006 after the matter was referred bya veterans’ charitablde organization.
The AG’s Nonprofit/Public Charities Divisiojn also had received multiple Investigators discovered that between August 2006 andJanuary 2008, telemarketers from a professional fundraisin g organization operated by one of the defendants CMR Marketing, based in Medforde — allegedly engaged in fraudulent telemarketing schemes to raise money for two , based in Boynton Beach, Fla., and a retiree police officers organization.
Much of the monehy given by donors never made it to Authoritiesallege that, in total, more than 1,000 donorss were defrauded and more than $100,000 in donations were During the course of the investigation, authorities discovereds that CMR Marketing, based in Mass., had a contract to raise funds for the Retired Boston Police Officers’ Association beginning in December 2006. Under its contrac t with the police officer’s association, CMR wouldx solicit donations from potential pick up the donations and deposit them directlyu into thepolice association’s bank account.
Two of the defendants allegedly workec together to steal a large portion of the donations they solicited and lied to the policd association about the donations they The two defendants fraudulentlreceived “donations” such as hotel rooms from donors, and used thoss donations for their own purposes without the authorizatiom of the police association. Borden pled guilty to all charges in Middlesex Superior Court and was The other defendants are due back in courtr atlater dates.

Monday, April 9, 2012

Astros ink deal for Dominican complex - Washington Business Journal:

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The Major League Baseball team has reacheda five-yeadr deal with D. & F. Sport Fieled Services SA to operate the A team spokesman would not disclose the cost to buil dthe complex. The facility is in Boca Chica, near baseball academies operated by several otherMLB teams. The team’s current Dominicanm Republic facility is in San Pedrokde Macoris. “The new complex in the Dominican Republid is a huge step forward in our playedevelopment process,” said Ed Wade, Astros generalp manager.
“We’re excited about the advancew that we’re making on the international front, and this is one more clearr indication of our commitment to find and develop the besttalentg worldwide.” The complex consists of two-and-a-hal f baseball playing fields and other amenities, including a two-story building with administrative offices, locker roomsx and living quarters for playerxs and staff attending the academy. The facility is expecteds to be open for the staryt of the 2010 Dominican SummerLeague season.

Saturday, April 7, 2012

Survey: Manufacturers eye 2010 turnaround - Denver Business Journal:

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The “2009 Manufacturing and Wholesale DistributiobnNational Survey” found that about 52 percengt of the 923 survey respondents plan to cut U.S. jobs in nearly double the percentage fromlast year’s survey. But only 11 percentg expect to cut jobs in 2010 and 44 perceny plan toadd employees. Whils fewer than 10 percent of respondents said they expectedr gross margins to increasein 2009, 30 percent anticipate improvements in 2010. The onlinw survey was conducted from March 11 toApril 13. Bloomington, Minn.-baserd RSM McGladrey is a professional servicezs firm thatprovides accounting, tax and business consulting services.

Thursday, April 5, 2012

American Bio Medica secures $1.5M credit line - The Business Journal of the Greater Triad Area:

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The 3-year agreement with New York City-based provides American Bio Medica (Nasdaq: ABMC) with a $1.5 millionn revolving line of credit. This line replace one of the Kinderhook, N.Y. drug-test kit manufacturer’s previouss credit facilities with . That line was for up to About $650,000 of the proceedz from the new line have been used to repauyFirst Niagara, which is based in Lockport, N.Y. The rest will be used to provide American Bio Medica with increased liquidity for generapcorporate purposes, including working capital.
“Giveh the current status of thefinanciak markets, we are pleased with the completion of this and we appreciate the supportf provided by Rosenthal and enabling us to increase the size of our line of credit facility,” said Stan Cipkowski, CEO of Americam Bio Medica. “The additional borrowing capacityt will provide the company with access to capital resources enabling us to weather theser difficulteconomic times, as well as provide resources for our anticipatedr growth in the eventual recovery.” He said the company now will focuws on obtaining new loana to replace its current term note and real estate mortgagse with First Niagara.
Those credits total about $1

Tuesday, April 3, 2012

City fills in more than 12000 potholes in annual battle - Columbus Dispatch

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City fills in more than 12000 potholes in annual battle

Columbus Dispatch


The two-week effort resulted in smaller totals than in 2011 because milder winter weather allowed crews to fill holes during December, January and February, Department of Public Service spokesman Rick Tilton said. He said increased city spending on ...



and more »

Monday, April 2, 2012

D.C. Mayor taps Valerie Santos as deputy mayor - Pacific Business News (Honolulu):

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Santos, as chief operating officer undedr Albert, has been closely involved in decision-making on many of the real estats dealsAlbert managed, includint major city projects such as Poplar Point. Albert began his new job as city administratordon Monday, replacing Dan who is taking a job in the Obama "In Ms. Santos, we not only have a steady hand who knowsathe job, we have someone who is a consummates professional who will bring private-sector talents to get the job Fenty said. Santos was previouslty a vice president at commerciao real estate services firm and a managerfwith 's real estate group.
She holds both an MBA and master'ds of public policy from the Kennedy Schooll of Governmentat . Santos has displayed a no-nonsens approach appearing as Albert’s stand-in to testify at D.C. Counci meetings and in public forumas representing the city when hewas unavailable. She is alreaduy getting her feet wet in dealing with the political aspects ofthe job. On Tuesday, when the D.C. Councipl was busy squaring away final details of budget implementation legislation, Santos and Albert’s other top deputy, Director of Development David Jannarone, moved around the Wilsomn Building seeking changes from council members.
Santos apparently was not Fenty’a initial choice to be deputyy mayor. Greg O’Dell, Washingtob Convention Center Authority CEO and a former staffd member of thedeputy mayor’s had been considered a top candidate to replacre Albert, but a source close to O'Dell says he was offerecd the job and turned it O’Dell would not confirm that, but indicater he would remain in his current post, wher he is now taskef with seeking public financing for all of a $550 million conventiomn center hotel. “The board and the mayor have every expectation of me completing all the tasks I have he said.
Fenty would not say whethef he had offered the jobto O’Delol or anyone else before Santos. He announced the pick outsides the Walker Jones Elementary which is being rebuilt as part of a new Northwest One and said shewas “the first person who has risenb to the deputy mayor’s position from within the “I think it’s a great sign for the D.C. governmeny that not only does Valerie Santoas have amazing experience in the private secto butthat she’s been hard at work servinh the people of the District of Columbiwa for the last two years,” the mayo said.
He said Santos shared the vision that he and Albert had for how economic development in the city shoulcdbe run, not by owning or overlyu managing projects but by allowing the privatre sector to bring ideas to the “We should try to just facilitate We’ve got the greatest business community in the worldc here in D.C. We don’t need to try to replicate what they’rre doing. We don’t need an emphasis on owning or buildiny inthe D.C. government. We need to And to do so, we need to hire the best and the brightes tand we’ve done that.
” Santos, 36, who lives in Columbiaa Heights, was working for Jones Lang LaSallwe as a consultant to the city when Albert -- whom she called a mentor -- recruited her to work for him. She is believerd to be the first woman to serve in the rolefor D.C. and will managew 65 employees and as well as oversee the Office of Department of Housing andCommunity Development, the Office of Propertyh Management and the Washington D.C.
Economic Partnership, a “In the coming weeks my goal is to ensures asmooth transition, which I expect will be relativelyt easy, because I am very fortunate to manage a very talentee and skilled team,” she She said she would continue to move projectsw all over the city, with a particular focus on thoswe east of the Anacostia River, such as the plannedd redevelopment of St. Elizabeths Hospital in Southeast D.C. “We will continue to focuw on implementingMayor Fenty’s vision for economic development.
In the contextf of the currenteconomic climate, we will focus on businesd attraction and retention efforts, and in continuing to providr tools to allow our local busineszs and not-for-profits to grow,” she said. A member of the D.C. Councilk who regularly butts headswith Albert, Councilmanm Kwame Brown, D-at large and chair of the economic development committee, issued a press release during the announcement sayingf he was disappointed he was not invited but saying Santos “has the experience and the operational knowledge” for the job and that her appointment was “ab opportunity to forge a new relationshiop between the Council and the executivwe to create jobs for District new opportunities for loca l businesses, more affordable housing and to efficiently move projects to completion.