Monday, January 31, 2011

Gas prices continue to rise - Philadelphia Business Journal:

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The average retail price of a gallon of regular unleadede in Florida rose 6 centsto $2.47 last according to . West Palm Beach had the highesyt price per gallon of unleaded regular inthe tri-count area at $2.56 a gallon, up from $2.176 a month ago. Regular gas in Miami is sellinh for just a pennyt lessat $2.55, up from $2.1w3 a month ago. Fort Lauderdale reported the cheapest pricewat $2.52, up from $2.11 last month. "Thew current retail price trend has been pusheds byrefinery reductions, crude and wholesale price but not by consumer said Gregg Laskoski, managing director of publi relations, AAA Auto Club South. Crud oil on the closed last weekat $66.31 a up $4.
64 a barrel over the previousx week. However, for gas prices to hit $3, crud would need to trade at about $100 per well above even the highest projections this yearof $70 to $75, accordinvg to Tom Kloza, publisher and chief oil analyst at .

Friday, January 28, 2011

Maryland awarded $44M in stimulus funds for affordable housing - Baltimore Business Journal:

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• Annapolis Gardens and Bowman Courtin Annapolis, the redevelopmentt of 150 affordable family units; and, Penn Square, a new project that will create 91 garden-style family units near North and Pennsylvaniaq avenues in West Baltimore. Projects in Allegany, Kent and Somerset countieds will also receive a portionm ofthe funds, part of the American Recovery and Reinvestment Act. The $44 millionm was awarded to the Maryland Department of Housinyg andCommunity Development. Gov. Martin O’Malley praisede the funding award.
“Recovery and Reinvestment fund have allowed us to upgrade our infrastructure and sustaibn our first rateeducationall system, and we are proud to have the federal government partner with us in investinb in the many programs and servicee that can benefit Maryland’s families durintg this time of economic difficulty,” O’Malleyg said in a statement.

Wednesday, January 26, 2011

Web site tracks feds' IT spending - Jacksonville Business Journal:

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Vivek Kundra, chief information officer for thefederalo government, announced the new tool at the in New York City on The online dashboard provides charts and graph to make the data on governmen t technology spending more accessible and usabls after it is submitted to the through various federal agency The new site includes information about more than 7,000 federal information technology including performance data so that projecty progress can be assessed over More detailed data pertaining to at least 800 of thosee investments that the government considersz “major” are also available to the public on the new according to the Personal Democracy Forum’d Web site.
The chief information officers at individual government agencies will now be responsible for maintaininfg on a monthly basis certain data that they providee viaa back-end interfacse of the Web site. Stil l being tested, the site reportedly may have bugs that need tobe

Sunday, January 23, 2011

SEC accounting standards move to hit private, public firms - Orlando Business Journal:

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The has released a timetable of necessarh steps before adopting International Financial Reportintg Standards and abandoning Generally Accepted AccountingPrincipless (GAAP), the system in place in the Unitedr States since the The commission said it would decide by 2011 whethe to require the switch in anothef three years. About 100 countries, including memberw of the European Union, use the internationapl standards, which are based on guidinb principles more than the detailed prescriptive rulesof "The United States is the outsider lookinv in right now," said John managing partner of the Columbus, Ohio, office of LLP.
"This makes a lot of sense, that we should have a standard accounting language acrossthe world. When you look at a set of financial statements it ought to be readablde by someone in Chinwand London." The switch woulsd affect not just annual reports but everything about a businesz from the compensation plan to an insurancre company's actuarial tables. The differences can be subtlew -- like encountering a "lift" in England instead of an elevatoer -- but they add up. A studhy of 129 companies by analysyt Jack Ciesielskiof Baltimore-based accounting research firm found two-thirda reported higher profits under internationall standards than under GAAP.
Just two of the companied ended up with the same earningw when followingboth systems. "There may not be a lot of companies that want to be pioneers in this but therde could besome advantages," McEwan Even companies that have only U.S. operationse are preparing for the switch because they haveinternationao competitors. "It's going to providew a benefit of comparability thatjust doesn'rt exist today," said Joe Buonaiuto, senior vice presidentt and controller at Columbus-based (NYSE: AEP).

Friday, January 21, 2011

Report: Foreclosures are top sellers - San Francisco Business Times:

http://rebix.net/analog-electronics/frequency/
said banks that are willin to deal on foreclosed units are driving the firstquartee activity. For example, Shomza at Keys Cove in south Miami-Dade Count sold the most, with 50 unitsd closing in thefirst quarter. The Vue at Brickell sold 25 ranking it seventhon top-10 list. “Many banks have taken ownership of units in thesew buildings and are looking to get saidAdam Cappel, president of “Banks, either through short sales or units they own as a result of foreclosures, are the most activer sellers in today’s market as they are willingb to accept market prices.” The 10 most activse buildings produced an average of 29 or one sale every three days.
The buildingse accounted for more than 11 percent of all condo sales in according toa CondoReports.com news release. Most of the activituy is tied to individuaounit sales, and not bulk buys, Cappepl said. “These buildings are movingh toward stability as speculative investors and thinlyt capitalized owners are being replaced witheither owner-occupantf or well-capitalized, patient investors buyinf in at a much lower Cappel said in the statement. “Most are individua l unit sales. The study looked at closesd salesin 2,000 condo projects with at leasrt 50 units throughout Miami-Dade.
The study excluded units deliveref in 2008 and 2009 because those sales were likely driven bypreconstruction contracts, Cappel said.

Tuesday, January 18, 2011

Rosetta Stone sues Google for trademark infringement - Washington Business Journal:

http://floatation-tank.com/floatation-therapy-featured-in-first-magazine/
The Arlington-based language learning company said in announcinfg its legal action that a June 2009 policyu change by Google that would allow advertiseras in its Adword advertising program to use trademark termds in ad text even if they do not own the trademark or have expliciyt approval from the owner to use it is behinfthe suit. “Google’s search engine is helpiny third parties mislead consumers and misappropriate Rosetta Stone trademark s by using themas ‘keyword’ triggers for paid advertisements and by using them within the text or titlew of paid advertisements,” said Rosetta Stone’s general counsep Michael Wu.
“Google and its advertisers benefity financially from and trade off the goodwill and reputation of Rosettw Stone without incurring the substantial expense that Rosettaq Stone has incurred in building upits popularity, name and brand loyalty,” Wu Rosetta Stone (NYSE: RST) said it is is seekinv injunctive relief to prevent Google GOOG) from selling the Rosetta Stone trademarkes or other terms confusingly similar for use in Google’s Adwords advertisinyg program. The case was filed in the U.S.
Districf Court for the Eastern Districtof

Saturday, January 15, 2011

UCLA researchers claim coffee can help prevent Type II diabetes - Contra Costa Times

http://uuo-ununoctium.info/xlv/5.html


UCLA researchers claim coffee can help prevent Type II diabetes

Contra Costa Times


Coffee can prevent Type II diabetes, and researchers at UCLA have just identified why, it was reported Saturday. And the magic ingredient is a protein, ...



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