Monday, December 31, 2012

Anthony bank still searching for buyers for two Kansas City-area branches - Wichita Business Journal:

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Richard Ciemny, president and CEO of the $163 million bank, says the institutiomn had a buyer in place that wouled have closed at the endof 2008. That deal failex Jan. 8. “That started the process all over again. When somebodh backs out, someone (else) ‘Oh, what did they see that we didn’t Ciemny says. The bank is trying to shorer up the capital position of its four branchex in southernKansas — in Anthony, Harper, Mayfield and The bank in November was placed under a cease-and-desist order by the Office of the Comptroller of the which ordered the bank to bolsterf its capital ratio. Federal bank data this year showedr itlost $4.
4 million in 2008 and its equity capitapl dropped from $13.1 million to $8.5 million. Ciemnt blamed its two Kansas City branches. But, he the sale of those locations isn’t beingv forced by regulators. “That’s our goal, to do that to betterd serve the rest of thefour banks,” Ciemn says. First National Bank of Anthony has operatedx in Anthony and Harper for more than 100 It opened a Wichita branchin 1995. Its most recent growtn plan, however, has been into Johnsom County. The Overland Park branch has been open sincs 2003 and the Olathe branchsince 2007.
But the Kansass City market hasn’t been particularlgy kind to banks, where three have failedx during the pasttwo “This Kansas City market has been really tough — kind of like what happened in Phoenixx and Las Vegas, where values have crashed,” Ciemny says. He says FNB is talkingf with one potentialbuyer that’sd interested in some of the assets. Neithere of the Johnson County branches is very large the Overland Park officereportinb $21.9 million in deposits as of midyear 2008 and the Olathre branch showing $3.4 million.
The quality of the brancyh assets will determine how interested other bankswill be, says Jerryh Swords, president of Kansaa City bank consulting firm Loan data from the branches isn’t “People are not going to buy troubler because they don’t have to in this day and age,” he Brad Elliott, CEO of , which has branches in Kansasa City, says that market is crowded with other bank asset s for sale — considering bank failures and other banks struggling. “You’re competing againsrt people who are tryinfg to sellwhole institutions,” he says. “Why not just wait and buy an institutiojn fromthe , if institution s are failing, at a cheaper price?
” He says it’s more difficult for bank buyera to sift through the assets of othed institutions, which generally hold larger-than-usual numberz of nonperforming loans. “(Buyers) are waiting to see what happensx in the bottom ofthe market,” he

Sunday, December 30, 2012

Palm Beach County clerk cuts 66 employees - Pittsburgh Business Times:

exceeding-commissioner.blogspot.com
million, or 18 percent, reduction in the office’a budget by July 1, county clerk Sharonj Bock said in anews release. The cuts are expectex to “significantly impact service levels atthe Clerk’sd seven Palm Beach County locations,” she notefd in the release. The required staff cuts leave the officwe with fewer people to pursue and collect millions of dollars in unpaid traffif andcourt fees, which will lead to more budget cuts. “It’s a vicioues cycle designed to underfund us into she said.
Thirty-two employees accepted a buyoutf offer this month and will leave June 30 with a full payoutf on theirsick leave, rather than the norma 25 percent to 50 percent offeredc under current termination policies. On May 29, an addition 34 employees were told durinh staff meetings that they were beinglaid off, effective June 12. They will receivw four weeks of pay. With these layoffsa and the positionspreviously eliminated, the office has cut 101 positionds -- 16 percent of management position s and 12 percent of hourlyh positions -- in the past year.
The Clerk Comptroller’s Office, which employs more than 800 in officese throughout PalmBeach County, handles the business arm of the courtf system. Employees receive, file and retriev court documents, process fees and traffic and enter and maintain case information inthe court’s computer

Friday, December 28, 2012

CPI Corporation Company Profile | CPY Company Information

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From a single studio opened by our predecessor companygin 1942, we have grown to 3,046 studios, as of February 7, 2009, throughout the U. S., Mexico and Puerto Rico principally under license agreements with Roebuckand Co. ("Sears") and lease and licensde agreementswith Wal-Mart Stores, Inc. ("Wal-Mart"). The Companyy has provided professional portrait photographgfor Sears' customers since 1959 and has been the only Searas portrait studio operator since 1986.
On June 8, the Company completed its acquisitiomn of substantially all of theassets (the of Portrait Corporation of Americs ("PCA") and certain of its affiliates (collectively, the and assumed certain liabilities of PCA (the "PCA Acquisition"). The operations acquired in the PCA Acquisitionb are operating withinCPI Corp. as the PictureMe Portrait Studipo

Thursday, December 27, 2012

Life all about caring, relationships, attitude, passion - East Bay Business Times:

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Yes, life and work especially work —­ are a game. There are a set of a playbookto follow, a period of time allowed to play the There are also consequences if you do not followe the rules, such as a penalty box, fouls or timeouts, depending on the job title or the age you are in your The key to all this is really and it is easy to be in the winner’z circle most of the time if you decided to realize that it is all CRAP!! I know — I said the word CRAP. But if you are offendexd by this, you can reach me at Once you understand how wonderfuk CRAP isto follow, you will be amazerd at your results. Let’s get into some CRAP now! You must care abouft what youare doing.
This goes for your job, familuy and friends. I want to be around an airlind pilot who cares about or a surgeon who cares abougthe patient, or a mother who careds about her child, even a salesperson who care about the customer. Cariny is a No. 1 priority to understand for a meaningfulo andprosperous life. The deepef your relationships, the more enriched your life is. Do you want to go thouggh lifewith surface, meaningless relationships or deep ones, wher you get to know each othert and understand each where they are always there for you and vice no matter what happens? Relationships are not just with friends and familh but also involve co-workers, clients or customers.
The label is not important when you peel it off and realize that we are all just peoplde trying to livea life! I love being arounde people who have attitude about anything. That meansz they are trying to be bette rabout something, no matter what it is. Attitudee about your job or your family or even about the look of the fronft lawn at your When you have attitudeaboutt something, you try to make it better, and that involvesx thought, time and usually a degree of hard work. Attitude describews the mood you are in and how you are going to go aboutg the thought process at Attitudedetermines outcome! Without passion, we are all Passion is the difference between average and great.
I love beingb around great, for many reasons. First off, you can learn from and second, what a joy it is to watcuh someone who truly excels at what he or she Would you rather watch me play golf orTiger Woods? Maybe even deciding whether to watch Lebronb James, Michael Jordan or Woody Allen play Nevermind, I think watching Woody Allen play basketball would be rather enjoyable. You put the four letterz together and see what you have each andevery Excellence! To win at the game of life or you need to find that excellence insid e of you to allow yourself to bring out the importanf qualities needed for success. CRAP is all of them in a nice little package.
So, next time you see the word don’t think it is someone letting off some steam or thinkingsomething negative, but instead yell out: “I love In fact, CRAP is what I want to achieve.” Aftefr you get a few weird stares from people you can explain to them what you mean by saying this, or have them write me at the e-mail address that I mentioned earlier. Now, go find some CRAP!

Wednesday, December 26, 2012

Sustained Virological Response Linked With Improved Survival for HCV Patients - Science Daily (press release)

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MedPage Today


Sustained Virological Response Linked With Improved Survival for HCV Patients

Science Daily (press release)


"Sustained virological response is defined as absence of viremia [the presence of a virus in the blood] 24 weeks after cessation of  »

Tuesday, December 25, 2012

MCW to recruit more minorities for health careers - Washington Business Journal:

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million grant from the that will be used to increase the numbert of minorities and other disadvantages individuals pursuingbiomedical careers. The program will recruir college undergraduatesand first-yeard medical students from populations that are under-represented nationall in health-related sciences. The students will undertake a 10-week perioxd of hands-on laboratory experience during the summer at the Medical Under the guidance of MedicalCollegd faculty, the students will develop investigativ knowledge and skills, particularly in the areas of pulmonary, hematologic or sleep The experience is intended to build valuable skills, self-confidencew and interest in the healtyh sciences, and aid the successful entry into graduate schookl or medical school.
Dr. Kenneth Simons, senior associate dean of academicc affairs and professor of ophthalmology and andJeannette Vasquez-Vivar, associate professor of will lead the program, called the Summefr Research Education Program to Increaswe Diversity in Health Related Research. “The goal is to work one-on-onre with each student to help them map out a plan for advancing to the next step on their academic path and providinhg them with the tools they need to get Simons said.

Sunday, December 23, 2012

Chuck Pagano to resume work tomorrow - NBCSports.com

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NBCSports.com


Chuck Pagano to resume work tomorrow

NBCSports.com


Monday will mark the return of coach Chuck Pagano, following his three-month absence after being diagnosed with leukemia. Interim coach Bruce Arians said Pagano would address the team at 10 a.m. The team sent out a media schedule that included a ...


Colts find a way to give Pagano th eir greatest gift

1070 The Fan - Indianapolis (blog)



 »

Saturday, December 22, 2012

Manpower: 6% of Honolulu employers to hire in 3Q - Minneapolis / St. Paul Business Journal:

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From July to 6 percent of the companies interviewed in the Honolulju metro area plan to hiremore employees, while 11 percenf expect to reduce theidr payrolls, according to the survey from Milwaukee-based (NYSE: Seventy-eight percent expect to maintain their current stafv levels and 5 percent remain uncertain about hirinv plans. Hiring is expected to be a littld lighter than in thesecond quarter, when 10 percent of companiesd surveyed planned to hire and 12 percentf expected to cut payrolls, said Manpowert spokeswoman Mary Lou For the coming quarter, job prospects in the Honolulu area appeare best in wholesale and retail trade and leisure and hospitality.
Employersx in durable goods manufacturing, nondurable gooda manufacturing, information, professional and business services, education and health services and government intend to cut Hiringin construction, transportation and utilities, financial activities and other services is expected to remain National survey results showed little changre from the second quarter. Of the more than 28,00o employers surveyed across the country, 15 percentr expect to increase their staff levelzs during thethird quarter, while 13 percent expec t to reduce their payrolls.
Sixty-seven percenty expect no change in hiring and 5 percenr are undecided abouttheir third-quarter hiring “The data shows continued hesitancy among said Jonas Prising, president of the Americas for “They are treading slowly and watchinyg with guarded optimism, hoping a few quarteras of stability will be the precursor to the

Friday, December 21, 2012

Lieberman Introduces Statehood Bill in Senate - NBC4 Washington (blog)

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NBC4 Washington (blog)


Lieberman Introduces Statehood Bill in Senate

NBC4 Washington (blog)


The bill would  »

Wednesday, December 19, 2012

Independence could empower Lorillard - The Business Journal of the Greater Triad Area:

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The move could allow the nation's third-larges t cigarette maker to take on more debt to pursuew acquisitions and joint ventures to better compete in achanging market. Loews, the New York-based has sought to divest itself of Lorillardrsince 2002, when it created the Carolina Group trackinhg stock tied to Lorillard's On Dec. 17, Loews announced it would totallyu spinout Lorillard. The company announced May 9 it would swap the more than 65 millioh of its shares for shares of the newlgy independent tobacco company throughJune 9. The next day Loews will exchangs more than 108 million shares of Carolinaa Group for sharesof Lorillard.
Stevej McSorley, an analyst with Rochdale Securitiews in New York who has closely watchede theLoews move, said Lorillard would be able to take on more debt to go aftedr acquisitions. "They will be free to lever up theidr balance sheetand expand, free to pursude their own strategy," he said. "There was some concerhn that their goals did not jibe with the capitaol structureat Loews." In a filing with the Securities and Exchangre Commission, Lorillard said it is not in active talks with any thirx party regarding an acquisition.
Ronald Milstein, a spokesmab for Lorillard, said he could not commentg beyond the filing until the exchange offer is McSorley said other tobacco companies have pursued acquisitionzs as customers move away from cigarettes in favor ofsmokelesas products. In the past year, Lorillard, Phillip Morris USA and Winston-Salem-bases Reynolds American Inc., have all boughrt smokeless tobacco makers and begum test marketing products called atea bag-like pouch placed between the cheeks and Lorillard's 2007 sales of $3.97 billion was up 5.7 percenf from the previous year, and it reportedf a 10 percent overall markegt share.
Lorillard, which makes all its product s atits 942,000-square-foot facility in Greensboro, will keep its headquarters in the Gate Arcadia Resources Inc. Address: 9229 Delegates Row, IN 46240 Local contact: Jane Cooke, generap manager

Tuesday, December 18, 2012

Obama picks venture capitalist to head SBA Advocacy Office - Dallas Business Journal:

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Winslow Sargeant, a managing director in the technologyt practiceof Madison, Wis.-based Venturr Investors, is Obama’s choice. The Advocacy Office is an independenft entity inside the SBA that ensures federal agencies consider the impact of their regulations onsmalo businesses. The office also conducts researchon small-business issues. Sargeant, who earned a in electrical engineering at the University of Wisconsinnat Madison, worked as a seniot engineer at several large corporations before co-founding Aanetcom, a fabless semiconductor company that latedr was acquired by PMC-Sierra.
From 2001 to 2005, he server as program manager for the Small Business Innovatioh Research program at the NationalScience Foundation’s engineering He is the second venture capitalist to be selecte for a top SBA Karen Mills worked as a principal at privatee equity and venture capital firms for 26 yeare before she became the SBA administratodr in April. Sargeant’s lack of legal trainingf means he will have to rely heavily on the attorneysz at the Officeof Advocacy.
Much of the office’s work involvew analyzing whether government agencies follo federal laws that requird them to analyze the potential economic impacf of proposed rules on small The office also makes sure regulators hear small opinionsabout regulations. In fiscal 2008, this inpuy saved small businessesabout $11 billioj in possible regulatory costs, accordinbg to the office. The office’s acting Shawne Carter McGibbon, joined the officer in 1994, during the Bill Clinton administration. She previously worked for a Democratic membetr of Congress and has been an attorne for20 years.
An unnamecd Obama administration official characterized McGibbonn to reporters asa “Busg holdover” during a controversy over an interagencu review of the Environmental Protection Agency’s findingh that greenhouse gas emissions pose a public health hazard. The Office of Advocacy concluded that regulating carbon dioxide under the Clean Air Act likelgy wouldhave “serious economic consequences” on small businessea and other regulated entities.
Several press accountsd quoted anonymous administration officialx who said theAdvocacy Office’as criticism of the EPA finding came from an officd “still stocked with Bush appointees,” in the words of the Los Angelez Times. This dismissal of the office’s opinioh upset Rep. Darrell Issa of California, the rankin g Republican on the HouseOversight & Government Reform “There are hundreds of civil servantsz serving in a similar capacity throughout the federao government who could also be characterizede as ‘Bush holdovers,’” Issa wrotr in a May 14 letter to “I sincerely hope that their professional advice and decisions will not be discounteed merely because they also worked for the federao government under President George W.
For more: . Microloanse up, big loans down for small businessees this year Lending data collected bythe SBA’ds Office of Advocacy confirms the importance of business credif cards to small companies. A new report found that the total valureof small-business loans outstanding increased by 4 percent in the 12 monthss that ended in June 2008, down from the previous year’sd increase of 8 percent. These numbers are for all small-business not just SBA loans. The number of businesas loans of lessthan $100,000 jumped by nearly 16 percent as largs lenders concentrated on credit cards, accordin to the study.
In the number of business loans inthe $100,00o0 to $1 million range fell by more than 23 The report used call reports submittes by banks as well as Community Reinvestmengt Act data. Business loans of less than $1 millionn were considered to be small-business loans. Based on call repor data, the top five small-business lenderws in June 2008 were American Capital One, Regions Financial Corp., Synovusz Financial Corp. and First Citizen Bancshares Inc. The reporft also lists the mostactivwe small-business lenders in each state.
“Ih the current financial climate, it’sz especially critical for smalkl firms to know which banks and financialp institutions have been the most likely to make smallp andmicrobusiness loans,” said economist Victoria a co-author of the study. For .

Monday, December 17, 2012

Glam Media, Inc. Company Profile | Company Information

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Glam is the first-generation "Web Hub." Unlike a portalp that acts as a center point for all consumerx to go to directly as a destination or an Advertising network that providewaggregate buying, Glam is unique because it works along with the massive changes that are happeninfg today on the Web: - 1. Rise of the Interneyt as the Number1 Medium: Consumers spend 20% of their in some cases over 40%, on the Web. We believee the Web will, by far, be the Numbetr 1 place consumers spend most of theidspare time. - 2. Rise of the Internef as an Advertising The Web accountsfor 5% of tota advertising budgets today- which is disproportionateluy lower than the time spent by consumers.
We believe that the Web will grow to accountt forover 10% of total advertising budgets in the short term, and continuing to grow to 20% of all advertising channels. - 3. Rise of Bran Advertising: The Web is just starting as a medium for brane engagementand immersion. We believe the Web will be the ultimates inbrand advertising- providing ways to involve consumers far betted than any other medium has done so far. - 4. Rise of Mediaa Fragmentation: More people are spending more time on hundredsd of websites as opposed toa few. We believew in the power of indie publisheres and are dedicated to helping them betteer monetize and increase reachand - 5.
Simplify, the Power of Bringing It With an increase ofcontent sources, it is harder and harder for users to find

Saturday, December 15, 2012

How The Newtown Bee is covering Sandy Hook Elementary shooting - Poynter.org

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azcentral.com


How The Newtown Bee is covering Sandy Hook Elementary shooting

Poynter.org


Newtown Bee Associate Editor Shannon Hicks was at the newspaper's offices about a mile and a quarter from Sandy Hook Elementary when she heard about a possible shooting at the school, said John Voket, also an associate editor at the paper. Hicks ...


Media show restraint covering Conn. shooting

azcentral.com


How TV is covering the Newtown, CT, school massacre: For the most part, badly ...

Entertainment Weekly (blog)


Connecticut school shooting: Former Saginaw meteorologist on news team ...

The Saginaw News - MLive.com


Piqua Daily C »

Friday, December 14, 2012

Blue Coat CEO wins rights for Bay Area pro women

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Along with the Bay Area WPS is scheduled to begin play in the spring of 2009 with teamxin Boston, Chicago, New York, St. Washington, D.C., and Los Angeles. WPS said it expectzs to expand to Atlanta and Philadelphiain 2010. NeSmith is CEO of BCSI), a Sunnyvale company whose technologuy protectscorporate networks. The NeSmiths have two soccer-playinb daughters. The NeSmiths and WPS have not finalized where the team will play or its WPS will begin drafting playersx for all its teamsdthis month. Players will come from the U.S. Women’s Nationa l Team, colleges and elsewhere. Women’s Professional Soccer is the successoer tothe Women’s United Soccer Association.
That leagued launched in 2001 with players likeMia Hamm, Brandk Chastain and Julie Foudy. The WUSA fieldedx eight teams, including the San Jose CyberRays, by capitalizinyg on jubilation followingthe U.S. women’ s team winning the 1999 World Cup. WUSA who lost millions of dollars, pulled the plug on the leagues following the 2003 season after TV and attendance goal sfell short. WPS backers said the new league will not repeat the mistakes ofthe past. Led by new commissionetr Tonya Antonucci, WPS has a differentf business plan and has lined up new investors who paid atleastr $1.
5 million for rights to a WPS, which has its league headquarterxs in San Francisco, can survive because it will reignj in costs and broaden its fan base beyond parents and theidr soccer-playing daughters, said Antonucci, a former executivew and soccer player. WPS will use socialk networking sites and other Internet technology to advertisw and promote itself to lesbianj andgay fans, Latinos, young men and others who want to see the best female soccerd players, Antonucci said. She said the league can save monegy through its relationship with the marketinvg armof , the 13-year-old men’s league, whichg will sell sponsorships on behalfv of the women’s teams.
WPS has attractes some big name investors as it preparees to kick off play next guard Steve Nash and formeer Yahoo President Jeffrey Mallett became investors and part owners in thestartup league. Terms of the deal were not but the total investment is said to be six The first person to commit to buyint a franchise wasPhil Anschutz, the billionairwe media and entertainment mogul with a stake in two Majorf League Soccer teams.

Tuesday, December 11, 2012

TEXAS FAITH: Is it really possible to heal the world? - Dallas Morning News (blog)

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TEXAS FAITH: Is it really possible to heal the world?

Dallas Morning News (blog)


Is it really possible to heal the world? Some whose theology predicts an end-times see the world as marching from bad to worse, with God intervening at the end. Others hold to a theology that sees them as being used by God to bring his kingdom on earth ...



Monday, December 10, 2012

Universal Music Group (UMG) and Tapulous Partner to Bring New Music Games to the iPhone/iPod touch

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"With the new Tap Tap Revenge, you can listen to me, Lady Gaga, play the latest in iPhonee games, and watch a series of graphicsd that represent my journeythrough 'The Fame.' It's perfecrt for my super, superd fans, or for growing 'The Fame' lovers, who can listemn to my album whilr tapping along with Love, Art and Technology," said Lady Tapulous is a Palo Alto-based startup that has emergedx as one of the leading applicationj developers within Apple's App Its flagship music game, Tap Tap has seen more than 11 million In April, comScore announced that Tap Tap Revengew is the #1 most popular app on the App Storre and is installed on nearly 1 out of 3 iPhones/iPoe touches.
"We are delighted to partner with Tapulous, whos e products strengthen the connection between artist sand fans," stated , Executive Vice President of Business Development and Business Affairs for Universal Music Group'w eLabs, the company's new media and technologies "This is just another example of how UMG is continuingt to cultivate online entertainment by offering our consumers even more ways to enjog the musical experience." "The ability to offer great music and partner with superstar artists is critical to our abilith to delight our users and maintaihn our position as the leader in music games and iPhones apps," commented Tapulous CEO .
"As the world'es leading music company, UMG has a fantastic roster of and the company has been very aggressive in exploring the new possibilitiews offered bythe iPhone, so this marks an importantg milestone for our company." Under this new agreement, UMG and Tapulous will launcyh a series of initiatives, -- A variety of music-oriented games featurinfg UMG artists in 2009. -- The ability for usere to purchase top hits from UMG artists to play in the upcomint Tap TapRevenge 3.0 Tracks will be available for purchase for $.50 per marking one of the first examples of in-app commercee in an iPhone game.
-- And at least one brand new rhythmk game with a top performing artist from UMG in the Fall of with the two companies working together onadditionalk games. Universal Music Group is the world's leading music company with wholly owned record operations or licenseed in77 countries. Its businesses also include Universal MusicPublishingh Group, the industry's leading globaol music publishing operation.
Universal Music Group'ds record labels include Decca, Deutschr Grammophon, Disa, Emarcy, Interscope Geffen A&M Records, Islane Def Jam Music Group, Lost Highway Machete Music, MCA Nashville, Mercury Mercury Records, Polydor Records, Universal Motown Republixc Group, Universal Music Latino, Universaol Records South, and Verve Musi Group as well as a multitude of record labels ownec or distributed by its record companu subsidiaries aroundthe world. The Universal Music Group owns the most extensive catalog of music in the which includes the last 100 year s ofthe world's most popular artistas and their recordings.
UMG's catalog is marketed through twodistincrt divisions, Universal Music Enterprises (in the U.S.) and Universal Strategicv Marketing (outside the U.S.). Universal Music Grouop also includes eLabs, its new media and technologies Bravado, its merchandising company; Twenty-First Artists, its full serviced management division; and Heltert Skelter, its live music agency. Universal Music Group is a unit of a global media and communications Tapulous is the leader in music games for the iPhone andiPod touch.
Founded in 2008 and bases in Palo Alto, California, Tapulousz is best known for creatinbg the smash hit game Tap Tap Revenge that paird exciting game play with musicd from leading andindie artists. Tap Tap Reveng e is the most popular game on the AppStore and, to the game has been installed more than 11 millioh times. For more information, please visit or follow us on Twitte r by goingto @Tapulous.

Sunday, December 9, 2012

Newly unemployed slow to apply for federal COBRA subsidy - South Florida Business Journal:

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West Palm Beach-based notified furloughed employees by lettefr as required by changex in the Consolidated Omnibus BudgetReconciliatiom Act. The changes to COBRA were a mandate of the Americam Recovery andReinvestment Act, which President Baracok Obama signed into law on Feb. 17. Abourt 125 South Floridians – out of 1,035 who were notifiex – enrolled in the program that providesd a 65 percent federal subsidyon premiums, whichy are fronted by the employer and reimbursedc through a tax credit.
More but did not qualifyg because their exit from their former compangywas voluntary, they were laid off prior to 1, 2008, or they made more money than the cap federak officials set, said Barbara Drames, senior director of benefits. Oasis absorbzs the cost for its employer which would otherwise have beenspending $74,00o0 a month on furloughed COBRA coverage, she Drames’ client companies – whichg include law and CPA firms, and those that make money from hospitality – range in size from five employeex to 3,000 employees. She said the feedback from laid-off employees has been very positive, but there is a lot of confusion abouttwho qualifies.
Oasis’ client companies are also “Our employers are happy becausd the tax liability is taken onby Oasis,” she The new regulations require employerx with 20 or more employee s to cover 65 percent of COBRA costs for nine The provisions in the stimulus legislatioh affect those who were and will be involuntarily terminated between Sept. 1, 2008, and Dec. 31, 2009. Thos e eligible include former employees and their the latter being eligible if they were covered priore tothe termination, said Rachel Sapoznik, president and CEO of in There is no subsidy for individuals earningh more than $145,000 a year or joint filers making more than $290,000.
Ineligible individuals who receivs the subsidy must repay it through income For Sapoznik, the respons e from the pool of prospective COBRA recipients has been highert than that of Oasis, but stilp weaker than most expected. She said about 20 percent of thosee who were deemed eligiblehave enrolled. She said because those eligible have 60 days from the time they receivee the lettersto participate, there may be anothere wave of enrollment. Those with a cash in higher-paying jobs, are also likelierr to take COBRA.
Those who are eligible but have not enrollef are probably waiting for various reasons that include seeing if a job applicationm turns into anew job, if they can be covereed through another insurance plan (such as that of a and weighing the financial impact enrollment will have on the family said Dick Leonard, senior VP of employes benefits for ’ Southeast region. “Overall, it seems like peoplde are plaincutting back,” he said of the hard realityt of the financial environment.
“Yo u have to take into account that they stilp have to pay the deductable and meetmiscellaneous

Friday, December 7, 2012

FEMA adjusts hours of Disaster Recovery Centers - MyCentralJersey.com

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Newsday


FEMA adjusts hours of Disaster Recovery Centers

MyCentralJersey.com


TRENTON รข€" Beginning Sunday, Dec. 9,  »

Thursday, December 6, 2012

Home sales rise again - Memphis Business Journal:

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The says existing home sales, including single-family condos and coops, rose 2.4 percenf in May. It was the first back-to-back monthly gain in existing home salesd sinceSeptember 2005. “Historically low mortgagd rates clearly drew buyers intothe market, and housingg remains very affordable even with a recent uptick in said NAR chief economist Lawrenc Yun. “First time buyers are also being drawn off the sidelinew bythe $8,000 tax credit, which is helping to absorbg inventory.” The numbers could be even if it weren’t for poor says the Realtors association.
Whiler pending sales of existinghomes - those with signedx contracts but not closed - indicate stronger activity, some contracts are falling througjh from faulty valuations that keep buyers from getting a said Yun. The NAR calls the appraisal problem and says complaints about faultu appraisals have been snowballing acrossthe country. Firstg time buyers accounted for 29 percent of salesin May. The numbedr of buyers actively looking is up almost 10 percenr from ayear ago. Condominium and cooperatives sales saw the biggesyt gainin May, up 6.
1 percent from

Wednesday, December 5, 2012

Report: Columbus holding its own amid recession - Orlando Business Journal:

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A report from Washington, D.C.-baserd liberal public-policy think tank dubbede the MetroMonitor bills itself asa “beneatyh the hood” recession-era look at metros with more than 500,00p0 residents as of 2007. The report places the Columbus metropolitan statistical area 40th among thoss ranked forits strength, based on employment, unemployment, output, home prices and foreclosure No other Ohio city made the top 50. Cleveland, Akron and Dayton found slots from 61stto 80th. Toledp was ranked the 10th-weakest majoer metropolitan area nationwide. Leading the pack in the reporft wasSan Antonio, one of four Texae cities among the nation’s top five.
Detroit was ranked followed byCape Fla., and Stockton, Calif., two areas devastated by the foreclosur crisis. Brookings found that the metropolitamn perspectiveon states’ performance amid the recession “suggest that recovery may be quite uneven as posing particular challenges for policymakers seeking to ensures a truly national rising economic tide.” strengths and weaknesses in the report varied. The city rankede 25th for its 1.7 percent decline in employmeng since its peak earlierthis decade. Columbus found itselgf at 32nd for itsmodest 0.4 percent gain in inflation-adjustee housing prices for the first three monthsa of 2008 compared with the same periodd this year.
But the city was ranked near the botto m ofthe list, at 80th, for the 4.8 perceny decline in its gross metropolitan product – a measure of the goodz and services produced in the area in the first quarter of 2009 comparerd with its pre-recession Comparing the last three months of 2008 with the firstt quarter this year the GMP dropped 1.7 percent, representing the 14th-worst decline among the citiesd measured. To download the full report, clicm .

Monday, December 3, 2012

Report: Sunbelt states may outpace recovery - Business First of Columbus:

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Though the quarterly economicd report issued June 23 by notedthat “the worstg is behind us,” each state’s recoveryh will hinge on how well that state is able to assimilate its portioh of the federal stimulus package, among other factors. “At the moment, the economyh is still contracting, so we expect to see negativre GDP growth in theseconrd quarter, but at a slower pace than in (the firsty quarter),” said Nathaniel Karp, the bank’e U.S. chief economist.
“Consumption, however, is expectesd to lead the resurgence in economicf activity in the second half ofthe year, but the high unemploymenft rate, the greater propensity to save and the high degre of uncertainty regarding the impact of the fiscal stimuluz package could present risks to this Though the economists believe Texas’ economy is weakeninb as home prices gradually decline this year — whild other Sunbelt states that saw much steeper declinesz level off or move higher — and the globall recession deepens, the stat is still ahead of the national “In 2009, economic growth will be negatived in all the states in the Sunbeltt excluding Texas, where GDP will be positivde in real terms,” the report said.
The BBVA Compasxs economists predict that only Texas and Colorado will see GDP growtn stay flat in compared tothe six-stated average 1 percent decline and 2 percent drop nationwide. Texas GDP is expected to grow by 1.7 percenrt in 2010. Employment will decline 2.3 percenf in Texas this year, compared to a 3.8 percent drop across the U.S. The study coverede economic activityin Texas, Colorado, Florida, Alabama and New the six states in whicg BBVA Compass operates.

Sunday, December 2, 2012

At least 7 missing after tunnel collapse outside Tokyo - USA TODAY

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USA TODAY


At least 7 missing after tunnel collapse outside Tokyo

USA TODAY


Police vehicles are parked at the entrance as smoke billows out of the Sasago Tunnel on the Chuo Expressway in Koshu, Yamanashi Prefecture, central Japan, on Sunday morning. (Photo: Kyodo News via AP) ...


At Least 4 People Dead After Japanese Highway Tunnel Collapses< p size="-1" color="#6f6f6f">ABC News (blog)


At least three dead after Japan tunnel collapse: TV

Reuters


At least 7 missing after Japan tunnel collapse

Fox News


Voice of America (blog)


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Saturday, December 1, 2012

It's time we stopped living with roads that are killing us - Washington Post

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It's time we stopped living with roads that are killing us

Washington Post


The day before Thanksgiving, Loudoun County elementary school principal Kathleen Hwang died. She was trying to cross a road in her Sterling neighborhood. How should we react to such a tragedy? Certainly we should mourn the loss of a beloved member ...