Monday, December 31, 2012

Ohio lawmakers facing $3.2B budget hole - Dayton Business Journal:

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billion revenue shortfall for the two-year state budge t cycle beginningJuly 1. That was the estimate Pari the governor’s budget director, presenteed to a six-member House and Senatd conference committee trying to reconcile differenceas in their versions of a state budget bill for fiscaol 2010and 2011. They face a June 30 deadline to preseny a balanced budget planto Strickland. Sabetyt said new revenue estimates bythe governor’sa Office of Budget and Management are $2.3 billiob lower than projections in the spending plan the administrationb presented to the legislaturd earlier this year. That could result in a budgey gapof $3.
2 billion over the next two yearss depending on differences in spending on educatiom and Medicaid in the budget billsw that came out of the House and In addition, projected revenue for fiscal 2009, which ends June 30, is belowe the previous estimate by $912.1 million, Sabetuy said. The state will need to tap its rain y day fund to cover that gap and balancewthis year’s budget, she said. Under the revise forecasts, the state is looking at endingy fiscal 2009with $17.3 billion in tax revenue for its Generalo Fund, down more than $2 billion from 2008. General Fund tax revenuse is projected to dropto $15.9 billion in 2010 and rise to $16.2q billion in 2011.
“The picture I have paintedx for you is bleakbut realistic,” Sabety told the conferencde committee. She said the Stricklaned administration is considering a numbefr of options to covetr the shortfall in thenext budget. She did not provid specifics on what approacbh maybe taken. Stricklanx and most state legislators have said they oppos e raising taxes in the currenteconomidc climate. The governor has had to make about $2 billiom in adjustments to thecurrent two-yeaf budget, including the elimination of 3,600 state jobs, closure of a two psychiatrivc hospitals and a youth detention “Taking out $3 billiobn from the present budget (plan) is like starting all said state Rep.
Vernon D-Akron, a conference committee member. “We hope the administration willprovide leadership, guidance and ideas as we move forwarsd in this process.” Two Republicans on the conferencew committee – Sen. John Carey of Wellstom and Rep. Ron Amstutz of Woostere – also called for directioh fromthe governor. “This is more than a legislative Amstutz said. “We’re goinbg to need some assertive and seriou leadership from the executive Strickland did not attend the conferencecommitte meeting. He was travelinfg in northeast Ohio to promote his educationm reform package that is part of hisbudgetr plan.
Sabety told the conference committee that revenue forecastse by the administration over the past year have not kept pace with the fall of the nationalk andOhio economies. Ohio’s budget situatiohn is “hardly unique,” she said, citing a reporf from the National Association of State Budget Officers that founds states face aggregate budget shortfalls of atleastr $230 billion from fiscal 2009 through 2011. Her office’s new estimate projects there willbe $772 million less Generak Fund tax revenue this year than the estimatew on which the governor basedd his budget plan. The tax revenue shortfalls riseto $1.3 billiobn in fiscal 2010 and $1.1 billiomn in 2011.
A big factorr in the decline is a drop in revenue from autosalesx taxes, she said. Revenue from that source will be $96 millionn lower in 2010 and $32 million less in 2011 comparec with the earlier Therevised non-auto sales tax revenuw estimate is being reduced by $189 million in fiscak 2010 and $331 million in 2011. The declinw is due to a drop in wages and consumerd spending in the Sabety said. She said the state’s revenus stream also is being hurt by declinesin non-wage specifically the capital gains tax on equit y investments. The forecast for tax revenue from non-wage income has been loweredx by $926 million in fiscap 2010 and $601 milliob in 2011.
“This is by far he larges decline for any revenue in thereviseds forecasts,” Sabety said.

Sunday, December 30, 2012

Genshaft sets direction for Committee of 100 - Tampa Bay Business Journal:

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Their "business plan" -- goals developed by each subcommittee -- rangez from boosting the bioscience industry to establishinb Tampa as a gateway for tradew to attracting morecorporate headquarters. Intent on turning that plan into Genshaft, president of the , has asked the subcommitte e chairs to refine thosee goals to make them measurable and to report theirprogress quarterly. "She's a very goal-oriented individual. That'ds a real benefit for this Results, results, results," said Bob who heads the international subcommittew and is managing director for Florida development servicesd atin Tampa.
Genshaft is the first persob from USF to head the Committeeof 100, Tampa/Hillsboroug County's official economic development partnership. Randy Simmons, the 2003 chaif of the Committee of 100 and chairmahnof R.R. Simmons Construction Co, said Genshaf t was recruited for the chairmanship because she has successfullyh made USF a recognized part of thebusiness community. "Betty Castor (former USF president) made the community aware of USF," said Robert Clark, investor relationss subcommittee chairman and presidentof "Judy Genshaft has made the university a part of the community.
" Genshafr said the Tampa Bay area's growth is importanrt to USF and the university's growth is importangt to Tampa Bay. "As more people come here to work, they want to have educationall opportunities and vice Genshaft said. "I'm somebody that can bridgs both as the Committede of100 chair." Genshaft has revamped the adding subcommittees focused on biosciences, financial manufacturing and distribution, and attractinhg headquarters to the She called on Dr. William Dalton, chief executive of the , to lead the newluy formed biosciences group. "The communituy hasn't recognized how much biosciences is happening in Tampa Genshaft said.
"There are 370 bioscience companies, with 51,00o0 workers, already here." Dalton, in turn, is recruitingt six committee members, not all of whom he has lined up yet, to sprea d the word about the area'e existing activity and to come up with a strategh to strengthen collaborations betweenprivate industry, the university and Moffitt. "Thew university can serve as a foundation forattractingg talent," Dalton said. "Every metropolis that has gotten into biosciences has stronguniversity support.
" USF gave a big boosr to the effort, when it brokr ground in January on a $40-milliomn research park with 230,000 square feet for laboratories and offices for corporate partners. attracting bioscience firms to the area willbe "a hard nut to said Rick Siems, head of the research network subcommittee and research director for centrakl Florida for Cushman Wakefield. "The research park should help draw some of the majorr players to put satellite players in the but in order to pull aScripps that'as going to be That's going to be a long time Siems said.
Genshaft and Rod Castro, USF's associate vice president for economic development and executive director ofthe , said the Tampaa area will do well, even without the facility that will be builtt in Palm Beach County, bringing more than 500 jobs to the "We have a head start on Scripps," Castrl said. "Competition only makes us A focus on medical device and apparatus companiess would be a smart said Simmons, because those products are easier to bring to markegt than pharmaceuticals, which require millions of dollars and lots of years to develop.
"Ifc you are making catheters, you don'ty get large companies but youget high-qualituy career opportunities in moderate companies that are very stabl e and likely to stay in this community," Simmone said.

Thursday, December 27, 2012

Expenses, labor costs at National Sept. 11 Memorial & Museum soar - The Star-Ledger - NJ.com

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The Star-Ledger - NJ.com


Expenses, labor costs at National Sept. 11 Memorial & Museum soar

The Star-Ledger - NJ.com


NEW YORK â€" According to its tax records, the World Trade Center Foundation's labor costs at the National September 11 Memorial & Museum rose 58 percent in 2011. The W »

Wednesday, December 26, 2012

Zelienople, Butler Farm Show, Finleyville airports win state grants - Puget Sound Business Journal (Seattle):

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in Beaver County will receive $22,500 for a remotd communications outlet that will let pilots communicats with Pittsburgh AirTraffic Control. The Butle r Farm Show Aiport in Butler Countg willreceive $112,500 for construction of securityg perimeter fencing. And the in Washington County willreceive $127,500 to buildd a hangar, modernize its administration building and upgrade the fule farm’z credit card system. The money comes from Pennsylvania’ds tax on jet fuel and is administered bythe . The threre Pittsburgh-area grants are among 16 beinv madethroughout Pennsylvania. In all, the statre is spending $3 million and leveraging $904,800o in local matching funds.
The other projectws are: in Bucks County, which will receive $225,000 to assisf with the purchase of land below the approach to the inCambria County, which will receiv $30,000 to repair fuel facilitu equipment; in Centre County, which will receivre $750,000 for a projecgt to widen and pave the runway; in Centrw County, which will receive $123,750 to buy a jet refueling in Cumberland County, whicbh will receive $183,750 for a runwauy lighting system project; in Dauphin County, which will receive $135,90p0 for an aircraft parking and taxiwayu project; in Lancaster County, which will receive $210,000 for an aircraft parking and taxiway in Labanon County, whichj will receive $37,500 to buy snow removak and mowing equipment; in Lehigh County, whicjh will receive $58,500 for pavemen maintenance; in McKean County, which will receive $112,500 to buy 20 acresw of land for future in Montgomery County, which will receive $82,50 0 to continue the removak of runway obstructions and improve in Northampton County, which will receive $127,50o0 for new runway lights and a new electricall vault, and in Wyoming which will receive $375,000 for airfield and terminalo improvements.
“Airports are important assetsa that can attract new business andcreatw jobs,” Rendell said in a written statement announcinyg the grants. “We are making the smart investmentss necessary to increase economic vitality and facilitate the morethan $12 billionb in state revenue the aviation industry yields each By investing in our aviation asseta we can help sustain our communities and retain jobs acrosx Pennsylvania.

Monday, December 24, 2012

NACA to add more than 1,000 jobs in Charlotte - Portland Business Journal:

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The hiring will begin with the national nonprofit hostinf a job fair Fridayand Saturday. NACA focuses on lendingb to low- and moderate-income families. Gov. Bev Perdu e announced the expansion Thursday, with the statr giving NACA a $1 million grantf from the One NorthCarolina Fund. It plansd to invest more than $4 millio n here, with 1,014 jobs expected to be addexd over the nextfive years. “North Carolina remainw a strong presence inthe U.S. finance and this is a tremendous opportunity forthe Charlotte-area,” Perdue said. “Ou r top-rated business climate and skilled financial-services work forcr are attractive to growingnational operations.
” NACA is headquartered in Boston and operates more than 40 offices nationwide. It currentluy employs about 100 workers in Mecklenburg County to originat and process mortgage Underthe five-year state incentive agreement, the organizationh plans to add 550 jobs immediately. The jobs will pay an averaged annual wageof $35,982. Salariexs will range up to $80,000 annually. The hiring will focus on mortgage negotiators, customer-service representatives, call-center managerzs and mortgage counselors.
“NACA is excited that it’ds putting more than 1,000 people to work during thesew tougheconomic times,” NACA Chief Executive Bruce Marks said “Today’s announcement is more than just a sounde bite — we are following through on this investment by holdinfg a jobs fair tomorrow to hire 550 people immediately.” Perduew said Thursday that she consulted with formefr Bank of America Corp. Chairman Hugh McCollo Jr. about the deal. McCol has been a longtime supporterof NACA’as work. BofA began a partnership with NACAundere McColl’s watch in 1995 and in 2004 committed $6 billioj to its lending program.
Perdue says McColl confirmed to her that he expectex NACA could follow through on its job commitments in severalphone “When someone begins something like this in Charlotte, it alwayse grows,” McColl said in an interview “They’ll come in and find this is a good placs to find (a work force). I would hope it would be an eruptionof jobs, not just trickle down.” The grouop claims it will be the largest numbe of people hired immediately in one area and the largesg job commitment in the country since the mortgagr crisis began in 2007.
The hiring comesx as NACA embarks on a nationwide Save the Dream Marks says the added jobs are crucial as NACA leades its campaign to makemortgagees affordable. Hundreds of NACA staff will provids long-term solutions for homeowners with anunaffordable “Charlotte continues to be attractivd because of our knowledgeable financial-servicez work force and we welcome NACA’s investment in Nortg Carolina,” N.C. Sen. Dan Clodfelter said in a release.
NACA’s Counselinh Center is in the Charlottse East office park off Albemarle Road between Central Avenue and FarmPond “Charlotte continues to be recognized as a leadedr in financial services with a talented and experienced labor says Charlotte Chamber Chairman Tim “We are pleased to welcomwe NACA to the community and look forwars to the investment in jobs and presencew they will bring to our East side.” The chamber assisted NACA in its expansiom effort. Charlotte East owner Roger Kellogg, principall of , and leasinbg director Eric Speckman have workes closely with NACAsince 2007, when the nonprofigt established a small office in the park.
NACA has legally bindinhg agreements with all themajor lenders/servicers to restructurd the mortgages they service. The NACA agreementd cover more than 90 percent of homeowners with anunaffordablde mortgage. The staff from the Counseling Center in Charlotte will traveo nationwide to work on Save the Dream events where morethan 25,000 peoplew are counseled over four with thousands receiving affordable restructured mortgages with permanenyt interest rates often at 4 3 percent and 2 percent and where necessary the principao reduced. The organization, started in 1988, has the primart goal of building strong, healthy neighborhoodx nationwide throughaffordable homeownership.
NACA operationd include financial counseling, specialized mortgage services and a Home Save programn for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridat and Saturday at its Charlotte Counseling For more information about Neighborhood Assistance Corporationhof America, including employment opportunities, go to

Sunday, December 23, 2012

Remains of soldier killed in 1946 in Europe finally returning for proper burial - Fox News

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Remains of soldier killed in 1946 in Europe finally returning for proper burial

Fox News


It's a military homecoming 66 years in the making. Army Staff Sgt. Zoltan Joseph Dobovich died with seven of his fellow soldiers in a plane crash in 1946, but only now -- after countless search expeditions and with the help of DNA testing -- is his ...



and more »

Saturday, December 22, 2012

Builder Zaring declares Chapter 11 bankruptcy - Minneapolis / St. Paul Business Journal:

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Zaring’s filing in U.S. Bankruptcy Court for the Souther n District of Ohio in Cincinnati said he had estimated assets ofbetween $10 million and $50 million, and debtw in the same dollar range. A list of unsecured creditor s included a KeyBank clainof $2 million; National City $1.9 million; Fifth Third $268,500; and Anne Zaring, $250,000. The filingt did not include a scheduls of assetsand liabilities, a statement of monthlh income, a statement of financiaol affairs and other documents required under federal bankruptcy law. Zaring has 15 days from the date of his June 26 Chaptefr 11 petition to filethosse documents.
He is representesd by lawyer Richard Nelsonat Cohen, Todd, Kite & Stanfor d LLC. The bankruptcy filing follows the filingv of at least five claims and judgmentsw by various creditors against Zaring in Hamiltojn County courtin June. They resultesd from lawsuits filed against Zaring andrelated entities. They included the • Huntington National Bank vs. Scott Estridge Homeas LLC and Allen G. Zaring III, Case judgment June 29 for $3.4 • Huntington National Bank vs. Great Midwesf Development LLC andAllen G. Zarinyg III, Case #0906247; judgment June 29 for $5.3 • Huntington National Bank vs. Clayton LLC, Allehn G. Zaring III and Andrew C.
Case #0906246; judgment June 29 for $285,485. National City Bank s/b/m/t Provident Bank vs. Allen G. Zaring III, Case #0906008, judgmenr June 18 for $1.9 million. • KeyBani National Association vs. Allen G. Zaring III, Case #0905521; judgmentt June 8 for $2 Zaring was one of the Cincinnati area’s most well-known home builders beforer selling his Zaring Homed toDrees Co. in 2001. Severall family members are also involveds in building and development firms inthe area.

Thursday, December 20, 2012

Baltimore City Council paves way for slots near M&T Bank Stadium - Puget Sound Business Journal (Seattle):

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Baltimore City is one of five locations approve d last November for slotmachine parlors. Baltimore City Entertainment Group, a group that includes the heads ofand , wantx to build a facility with as many as 3,75p0 machines on Lot J, a city-owned parking lot in the city'sz Carroll Camden neighborhood. The precise location could change, however, and Baltimore City Entertainmenf is in negotiations to move its project toa 11-acre property known as Gateway South.
But the city must change its zoningv code before the Maryland Video Lottery Facilitt Location Commission will award the development team the licensee it needs to build the Two City Councilcommitteeas — the Land Use and Transportation Committed and the Urban Affairs and Aginvg Committee — voted Thursday to let those zoning changesd move forward to the full City Council for consideration.
City Council Presidenft Stephanie Rawlings-Blake said the committees' action was in stark contrast to deliberationz in AnneArundel County, where County Council has delayed changing the county'ds zoning laws to allow a slots parlod to be built at the Arundel Mills shopping Going into the process, she said, the city moved to narrowly defines where slots can be built, whereas there were fewed geographic restrictions placed on potential gambling facilitiexs in Anne Arundel County. The geographic boundarie s where a facility can be built in each county were specifier in a referendum adopted by votersin November.
"We're definitely on the right path," Rawlings-Blake said durinfg the committee hearings. "We did our work up identified a location that had very little impacton residents." Anne Arundel anticipated developera would apply to build a casino at Laureo Park race track, and many county officialsa were surprised when Baltimore developer the submitted an application to build one at Arundelo Mills instead. But council members in Anne Arundek County delayed June 1 changing their zoning code to allowslots parlors. Meanwhile, a second developer, , has come forward to say it may seek permissiojn to build a slots parlor at Laurel Park ifCordish Co.
's proposal fallzs through. The Baltimore committees voted on two bills pertainingto slots. The firstr would change zoning inthe city's B-2 and M-2 district s to include video lottery terminals among the permitteed uses. The second would change the zoning of the property at 301Stockholmk St. President M.J. "Jay" Brodie said the city doesn'yt plan to relocate the animak shelter toanother location. But Brodie said the city wantz to changethat property's zoningy to give the slots developers the ability in the futur to expand their facility in the evenr the animal shelter moves to another location.

Wednesday, December 19, 2012

Job-loss rates hold steady in Texas - San Antonio Business Journal:

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percent, which is below the U.S. nationalk unemployment rate of 8.5 percent, the said according to seasonallyadjusted numbers. The statde has lost 173,900 jobs in the past while the U.S. in the past year has lost 5.2 millionm jobs, the Texas Workforce Commission When breaking out the job lossedby market, the Dallas-Fort Worth Arlington area had an unemploymenr rate of 6.6 percent, which is improved from a 7 percent rate in but still deeper than the 4.1 percent rate experiencedr in April of 2008. Meanwhile, the Dallas-Plano-Irvingh market had a 6.7 percent unemployment rate, down from 7.1 percen t a month earlier, but deeper than the 4.1 perceng unemployment rate experienced ayear ago.
The Fort Worth-Arlington market had hit 6.6 percen in April, down from 6.8 percenf a month earlier, but still deeped than the 3.9 percent rate experienceds last year. The metro numbers are not seasonally Employees in Texas in a recent survey conducted by indicated that the Texas Employee Confidencde Indexrose 6.1 points to 50.8, indicating that employeesz are more confident in their companies and more optimistic about the future of their jobs. The Spherionn Employment Report said the survey is conducted byHarrix Interactive.
Based on the survey results, Spheriob said 42 percent of the workers interviewed believe the economty isgetting weaker, but that is 23 pointe down from March survey responses on that question. Abouyt 9 percent of up from 5 percent, believe that more jobs are The report also said 72 percent of worker are confident intheir employer’s future, whicg is up from 68 percent in

Tuesday, December 18, 2012

Gary M. Rodkin Executive Profile

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About Gary M. Rodkin Gary chief executive officer, joined ConAgraa Foods in Octoberof 2005. Underd his leadership, the company has transformed itsel f from a holding company for dozens of brands and businesses to a more unified operating In fact, Rodkin

Sunday, December 16, 2012

Phoenix City Councilwoman Maria Baier named Arizona State Land Commissioner - The Business Journal of Milwaukee:

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Baier will step down from the Phoenix City Counciol to take the state job whichu oversees the State Land Department and salesof state-ownedr lands to private developers. Such sales have pretty much come to a halt in the wake of the real estat e slide in thePhoenisx market. Baier was elected to the Phoenix council in 2007 and representwDistrict 3. She previously served as CEO of , a real estatse industry trade organization that advocates forresponsiblde development. Previous State Land Commissioner Mark Winkelmanj resignedin May. Winkelman was appointed by formert Gov. Janet Napolitano, who herself resigned in to become U.S. Homelandr Security Secretary.
Many of Napolitano’s cabinet directorsd have stepped down and Brewer has appointedc herown picks. In a statement released today by the city of Baier said she looks forward thenew challenges. Baier officially will resign on Wednesdayh and the city will need to schedul e a special election to fillthe vacancy. She representw portions of north and northeast Phoenix includinf the Paradise Valley Mall and Moon Valleyh areas and portions of the Bell Road and Interstatd17 corridors.

Saturday, December 15, 2012

Refi rally for TexasLending.com - Memphis Business Journal:

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As many as 120 loan underwriters, accounting professionals, loan processors, loan closerz and clerical positions payingbetween $30,00 0 to more than $100,000 a year will be added, said Kevi Miller, president, CEO and founder of TexasLending.com. The jobs will be addef beginning in August and will be phasedd in during the next six to nine he said. The company has 160 employees now, down from 180 at the peak of the Northn Texas housing boom twoyears ago. Low mortgage ratexs and Miller’s expectation of climbing home sales are spurringthe company’ss growth, he said.
“We expectt rates to be low for the next year and a then we expect home purchasing to be strong after thatin Texas,” he said. The local housing marker certainly has a lot of groundto New-home sales in the Dallas-Fort Worthu area were down 40% for the first four months of the year comparedf to the same period in and sales of pre-owned single-family homesx were down 24% during that period, accordin to housing market analyst David director of the Dallas office of Metrostudy. There were 4,19 1 new-home closings and 18,442 resales in the area through he said.
Brown expects 2009 sales to trail year-agio numbers for the remainder ofthe “We do expect to begin to see some modesy recovery in terms of transactions beginninb in 2010, assuming we see the national economy begin to turn aroun and we see the jobs picture begin to he said. About 70% of TexasLending.com’a business today is compared with 40% to 50% at this time last year, Millerr said. TexasLending.com closes $60 million to $80 million in monthlyy loan volume now, or about $850 millionb annually, Miller said.
With the additional Miller’s goal is to reach $3 billionn to $4 billion in annualo loan volume in the nextfive years, he The company provides residential mortgage loans in Oklahoma, Florida, Michigan, Missouri and Colorado, servicing all of them from the Dallaa office. For the week ending May 22, mortgagwe loan application volume nationwide wasup 28.5%% compared with the same week one year earlier, accordinyg to a weekly survey by the Mortgages Bankers Association. Refinancings made up 69.3 of the mortgage activity. Loan volume in Texas was $11.76 billion in the firsty quarter ofthis year, down slightlyy from $12.
4 billion in 2008, accordingg to the Texas Mortgage Bankerds Association statistics. Mortgage industryh employment in Texas fell by more thana 30% from 2007 to but has since stabilized, said Scotf Norman, vice president of the Texas Mortgage Bankers Norman said he’s heard anecdotallt that the surge in refinancinge is prompting mortgage lenders to add employees, but he did not have specififc industry employment numbers. To make room for new TexasLending.com has signed a lease for 69,0090 square feet in its existing locationj at 4100 Alpha Road in Dallas more than triple the size itcurrentluy occupies, said Ben Hautt with the commercial real estat e firm Stream Realty Partners LP.
Hautt recently left Stream’s Dallas officr to launch the company’s officr in Atlanta, where he is managing TexasLending.com will begin moving into its expandedc spacein August, after the completion of renovations that are now undefr way. After expanding, TexasLending.com will occupy all of the fourth and fifth floor and part of the first floor inthe 11-story building, Hautt said. “It’s an expansion, and today that’s not something you see a lot Hautt said. “They’re thriving in the currengt economy.” The 227,000-square-foot building at 4100 Alpha Road is part of The an 11-building office complex nortyh of Interstate 635 off Midway Road.
The askingt lease rate for the space isabout $16.50 per squars foot. Hautt and Stream Realty colleagues Ben Sumnere and Chad Henningsrepresented TexasLending.com in the and Buddy Tompkins and Seth Thatchefr of commercial real estate firm GVA Cawleuy represented the landlord. Hauttg said TexasLending.com searched the market beforse deciding to expand within itsexistinbg building.

Thursday, December 13, 2012

UAW to rally at Delphi Thermal - Business First of Buffalo:

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Called “Save America”, the demonstration sponsored by UAW Regionb 9 is scheduled to starty at3 p.m. at the plant, 200 Upperr Mountain Road. Scheduled speakers include Region 9 DirectotJoe Ashton, William Pienta, directore of the United Steel Workers District 4, the mayorsa of Lockport, Buffalo and Rochester, Kenmore Chevrolet auto dealer Duanse Paddock and others. In the auto industry, which is fightinyg for survival, the loss of every factorgy job translates into as many as nine additionalo job losses in related manufacturing orservicwe industries, the union stated in a news release.
“Locao government, from the municipalities and school systemsd to county and state will all eventuallg feel the pain of reduced income along with the problemse of maintaining public services in an environment of increasingb costs andshrinking budgets,” the release

Tuesday, December 11, 2012

Lichborne: Why unholy death knights aren't popular - Joystiq

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Lichborne: Why unholy death knights aren't popular

Joystiq


All through the Mists beta, there was a large clamoring for an overhaul to the spec that never really came, and while Blizzard did add some decent quality of life and power changes, overall, many death knights felt the base flaws remained. As it's ...



Monday, December 10, 2012

Nashville Business Journal:

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and McCaskill was with Dollar General Corp. in Cathy Tyler , human resources manager, was promotedr to director of human resources at SaintThoma Hospital. Tim Walsh was named Eastern Region sales representative and Kellgy Milton was named contract and pricing coordinator at HealthcardManagement Systems. Previously, Milton was with Coventry Healty Care and Walsh was with Avega Health Systemsd inEl Segundo, Calif. Brown Danie , Compass Capital, was named to the Williamsohn Medical Center boardof trustees.
Pierre Massio n , assistant professor of medicine and cancer biology atthe Vanderbilt-Ingram Cancetr Center, was awarded a $450,000 Advancedr Clinical Research Award from The ASCO Foundation of the Americaj Society of Clinical Oncology, to continue his lung cancer Marilyn Dubree , chief nursing officed for Vanderbilt University Hospital and the Monroe Carell Jr. Children’x Hospital at Vanderbilt, was named chief nursing officerr for all Vanderbilt University MedicalCenter operations.
At Alive Jason Guy was named director ofhuman resources; Trish Bilbrey was named provider educator; Katherine Campbellk was named nurse at the residence; Jarefd Porter was named marketing and communications and Amanda Stuard was named team secretary for the west Previously Guy was with Topnotcnh Resort and Spa in Stowe, Vt.; Bilbrey was with Farragut Health Care Center in Campbell was with Saint Thomas Hospital; and Portere was with the Green Hills News .

Sunday, December 9, 2012

Japan Suspends Beef Imports From Brazil on Mad-Cow Disease - Businessweek

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The Malaysian Insider


Japan Suspends Beef Imports From Brazil on Mad-Cow Disease

Businessweek


Japan, Asia's largest beef buyer, suspended imports of the meat from Brazil after a cow in Parana state tested positive for mad-cow disease. “We suspended imports from Brazil as soon as an outbreak of BSE was confirmed,” the Ministry of Agriculture ...


Japan halts beef imports from Brazil over BSE link

Reuters



 »

Friday, December 7, 2012

Morgan Stanley Alters Broker Pay Plan as Revenue Bonus Takes Hit - Businessweek

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CNBC.com


Morgan Stanley Alters Broker Pay Plan as Revenue Bonus Takes Hit

Businessweek


Morgan Stanley (MS), the brokerage with the biggest corps of financial advisers, changed its wealth- management compensation plan to encourage brokers to increase revenue and  »

Thursday, December 6, 2012

Magazine honors The Children's Hospital - Houston Business Journal:

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The hospital qualified for the magazine’e “Honor Roll” in its 2009 edition of America’x Best Children’s Hospitals. The Honor Roll is reservee for hospitals that achieved ranking in all surveyed specialtyt areas covered by the monthlgnews publication. Children’s ranked in the top 10 in six specialtyg areas, including cancer (No. 10), diabetes and endocrinre disorders (No. 10), digestive disorders (No. 5), neonatal care (No. 8), orthopedicd (No. 8) and respiratory disorders (No. 5). Last Children’s was ranked No. 7 overalkl among the nation’s pediatric hospitals. In 2007, it finishex at No. 4.
Because of a change in how the reporrtwas compiled, there was no general numerical ranking this year.

Wednesday, December 5, 2012

More community banks ready for launch - San Francisco Business Times:

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The two proposed banks -- in in San Franciscoi -- are gearing up as they seek regulatory approval s and prepare toraise capital. These are good times to be a so the two join a flourishinh crop of startup banks in the in San Francisco is raising capital to open its doorsa laterthis year. Diablo Valley Bank brokew ground this month on its new administrative and banking officdein Danville. And San Mateo-based plansd to open additional officeas on the Peninsula to capture more deposits to meet robust loan NewResource Bank, which plans to operatde with an environmental slant, has some big names behinx it including legendary investment banker Bill Hambrecht, founder of + Co.
, and his son Bob "Green businesses are among the fastest-growing sectors of the economyu and are exemplified by the clean energy and green building sectors. The Bay Area has the leadinv clusters ofgreen businesses,," said Peterd Liu, a former executivse with and who will be the bank's chief businesas development officer. Others involved in the bank includ eClay Jones, former chief operating officer with Greater Bay Bancorp.'s , who will be presiden t and CEO of the bank. Jones previousl worked at Silicon Valley Bank andComericq Bank. Daniel Yohannes, who was previously with , will serve as chairman. Chris Olson, formerly with and Mt.
, will be chietf operating officer and chiefcrediyt officer. Members of the new bank's boare will include longtime San Francisco bankefrFran Streets; Bob Epstein, co-founder; Rick Holmstrom, co-foundef and vice chairman of Palo Alto real estatee firm ; and Mike van den Akker, co-founder of wealth management firm Bakerf Street Advisors. New Resource Bank'zs organizers also include Lisa Gansky, founder and formetr CEO of ; Bill Wolf, former president of the ; and Hal director of environmental programs atthe .
The proposer New Resource Bank, to be headquartered in a ground-floorf location at Fremont andHoward streets, plans to raisee $20 million to $22 million, subject to getting the necessary regulatory approvalsz to open its doors. In downtown Oakland, the proposee Alta California Bank will be a whollhy owned subsidiaryof ., which has banking operations in Arizona and Southern California. Arnold Grisham, presidenyt and CEO of the proposed bank, is organizing a pool of locak investors to investbetween $7 million and $9 millionm of new capital in Wester Alliance. Alta California Bank is then expected to be capitalizedcwith $25 million.
Local investors are considered an essentia l ingredient in launching acommunity bank, because they're seen as an initiapl customer base and an extension of the new bank's marketingb team. Alta California's additionall capital, up from initiall plans to raise $20 million, will alloe the bank to open withthree offices: the headquarteres at 1951 Webster St. in Oakland as well as a location in Piedmont and a loan production officse inWalnut Creek. "We feel Alameda and Contra Costw countiesare underbanked," said Grisham, a 30-yeafr veteran of the banking industry. Grisham was president of Oakland-baseed , now part of .
He's also a formed executive vice president in Oaklandf forWells Fargo. Sedrick Tydus, a formerd executive vice president of in San isjoining Grisham's team as chief operatingg officer. Grisham more recently headed Oakland-baser , a financial services executive search firm that he startef withhis daughter, Kristiner Grisham Halliman. She will continue to run that

Monday, December 3, 2012

Top Ten Tips for 2009 Hurricane Season Planning from SunGard Availability Services

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June 3 /PRNewswire/ -- With the onset of the 2009 hurrican season, has outlined its top ten tips for disaster By followingthese steps, organizations will be better preparedr to keep their systems, processes and peopler up and running during and afte r a major storm. "Today, many organizations are focusedon short-tern pressures to reduce spending, and because of may not be properly testing their recovery plans," said , directort of crisis management at SunGarf Availability Services.
"We have seen all too often organizationsd neglect key elements of theirf programs only to realize the grave consequenceswhen it's too As hurricane season approaches, it is imperativde that companies reexamine and re-test existing plans, making sure they aligbn with the current state of the businesx - from both IT and business proces perspectives - in case a major stormm should occur. For those organizationzs facing travel restrictions due tobudget constraints, new modeas of testing - such as remote or virtualized testing - provided cost-effective alternatives to more traditional methods." 1. Regularly test your disasterd recovery plan. Simply having a plan in placwe isnot enough.
Develop and regularly test your crisis communication plan so that the firs time it is executed is not during an Remember to test under realistic conditions and make the plan robusty enough to address extended recovery that may require utilizationj ofnew facilities, relocation of stafvf and involvement of outside 2. Revisit and reassign responsibilities. Factor in changes to your organizatiom caused by recent layoffsand restructurings. Assign new responsibilitiesa to employees based on the current organizational structure andavailabler resources.
Test this updated plan to ensure all toolse and protocols are in placs to operate duringa disaster, reaching out to all partsa of the organization and employe family members as well as government agencies and emergency responders. 3. Make sure your notification systejmis up-to-date. Critical during any potential notification should be an integral part ofan organization'sz disaster recovery plan. Make sure all contact numbers are allowing the organization to get in touchn with key personnel in the eventy ofan emergency. This will also help prioritized methods of communication and track which employees havereceivefd messages. 4. Put your peopl first.
Employees are the heart of an organization; however, many human resources aspects are frequently overlooked in disasterrecovery planning. Businesses must identify alternate locations where employees can go in the event a primary work locatioh is unavailable and address the physical safety andpsychological well-beinfg of employees. Assign backup rolew for the inevitable timesz when key players are not availablweor missing, and time-sensitive actions need to be taken. Employ crosxs training to have alternative contacts readgyto go. 5.
Don't wait to If an organization has access to hot orcold back-upl sites, a common mistake is to wait too long beforew declaring an emergency and relocatinh personnel. If an organizationn is located in an area for which a governmenrt evacuation order hasbeen issued, it shoulrd declare and relocate 6. Don't forget about your Develop procedures for technical recovery scriptx that will be deployed to help get your IT infrastructur e upand running. Make the scripts comprehensived and easy to understand so people who are not familiarr with them can easilyfollow 7. Keep your vendor list current.
Strictlyg enforce change management and contro l processes to help ensure vendof contacts are current so vital serviceas will be quickly availablewhen needed. 8. Considerr the impact outside ofyour organization. In the eventy of a disaster, will your vendorsw be able to perform theird roles in supporting your critical technical infrastructure andbusiness processes? Considerd looking at secondary providers as a precaution. Take time to evaluats whether support or maintenance contracts need to be extendec or have levels ofsupport modified. 9. Evaluatew readiness and completeness of offsitwedata storage. Paper records and backupo tapes may betotally lost, destroyed or unavailable.
Developp contingencies in the event deliveryyof offsite-stored data is Investigate using electronic media - through disk to disk backuo - to help safeguard and provide backup 10. Take the guesswork out of server Should adisaster occur, re-building servers from the groundf up consumes time and stretcheds internal IT resources. Consider workingv with a third-party provider that can simplify thesre processes by rebuilding your operatint systems on its ownservers - enablingv a speedy and more cost-effective "Just because hurricane season has begun does not mean there isn't time to prepare," said Mr. DiLossi.
"Organizations oftenm get overwhelmed by disaster recovery planning but inthe short-ternm they can take the first steps of updating notification coordinating with outside vendors/agencies and testing current plans. It cannot be said enougb times - test the way you recover the wayyou test." SunGardd Availability Services provides process expertise and automation combinexd with an enterprise-class IT infrastructure - a protocol-independentf network, hardened facilities and redundangt power systems. In addition, the companuy has a 100 percent success rate helpintg customers to recover inits 30-yeadr history.
SunGard Availability Services provides disaster recovery managedIT services, information availability consulting services and businesas continuity management software to more than 10,000 customeras in North America and Europe. With four millioh square feet of datacentef andoperations space, SunGard assists IT organizationsz across virtually all industry and governmen sectors prepare for and recover from emergenciesw by helping them minimize their computer downtime and optimizer their uptime.
Through direct sales and channel partners, we help organizations ensure their people and customers have uninterruptedd access to the information systems they need in order to do To learn more, visit or call 1-800-468-7483. SunGardr is one of the world'a leading software and IT services SunGard serves morethan 25,000 customerx in more than 70 countries, including the world'ss 25 largest financial services companies. SunGard provides softwarew and processing solutions forfinancial services, higher education and the public sector. SunGarde also provides disasterrecovery services, managed IT information availability consulting services and business continuity managementy software.
With annual revenue exceeding $5 billion, SunGarxd is ranked 435 on the Fortune 500 and is the larges t privately held business software and serviced company on the Forbes list of private Based on information compiledby Datamonitor*, SunGars is the third largestf provider of business applications softwar e after Oracle and SAP. Continuity, Insurancer & Risk has recognized SunGard as service provider of the year an unprecedentedfive times. For more please visit SunGardat . *January 2009 Technology Vendors Financiakl Database TrackerTrademark Information: SunGard and the SunGard logo are trademarks or registered trademarks of SunGarsd Data Systems Inc. or its subsidiaries in the U.S.
and othedr countries. All other trade names are trademarks or registereds trademarks of theirrespective

Sunday, December 2, 2012

BofA raises almost all of $33.9B buffer - Atlanta Business Chronicle:

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billion. Last month, BofA sold $13.54 billion in common stock. The bank issuedr 1.25 billion shares at an average priceof $10.77y per share. BofA also sold a 5.7 percent stake in to Asiaj investors for a gainof $4.5 In addition, BofA agreed to exchange $9.5 billiojn in preferred shares for 704 million shares of commomn stock. BofA expects to garnerf $1.3 billion from reduced dividends on thepreferre shares. The exchange doesn’t apply to preferred sharew held by thefederal government. So far, BofA has boostefd its Tier 1 common capitalby $2.1 billiom by reducing a deferred tax-asset deduction.
And the bank says it has gainee anadditional $2 billion from the disposition of As part of the company’w capital plan, it coulsd issue up to an additional 296 million commoh shares. “We are pleased to have nearlgy reached our goalthis quickly,” said Joe chief financial officer. The government said BofA had toraise $33. 9 billion after conducting “stress tests” on the country’xs 19 largest banks. The tests were designedx to assessthe banks’ ability to survivs if economic conditions worsen more than expecteed during the next two years.
BofA has receivedd a total of $45 billion in taxpayer aid undee thefederal government’s Troubled Assetr Relief Program, which is designed to thaw the credit marketss and boost the economy. In separate developments, N.C.-based BofA (NYSE: BAC) sold $3 billionm in five-year notes on May 8 and $2.5 billionb in 10-year notes on May 28 withour guarantees.

Saturday, December 1, 2012

Syrian Internet Connections Cut for Second Day - Pittsburgh Post Gazette

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Telegraph.co.uk


Syrian Internet Connections Cut for Second Day

Pittsburgh Post Gazette


BEIRUT, Lebanon -- Activists in Syria reported on Friday that Internet connections were cut for a second successive day, fanning speculation among opponents of President Bashar al-Assad about the government's intentions in coming days. But some ...


Syria s uffers Internet blackout as connections switched off

Reuters


Surprising video shows Syrian Internet connections dropping one by one

Washington Post (blog)


Syria caused Internet blackout, security firm says

CNN


NBCNews.com


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