Friday, February 22, 2013

Ambushed, a Few Steps Short of the Door - New York Times

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Ambushed, a Few Steps Short of the Door

New York Times


“Steps from the subway,” the advertisement for the apartment had said, and so there James Fordyce was on Sunday night, trying to crawl up steps from the 190th Street stop on the A train. His brain was bleeding, his face was broken, his arms mashed. It ...



Sunday, February 17, 2013

Nationals closer Rafael Soriano reports to camp - USA TODAY

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Washington Post


Nationals closer Rafael Soriano reports to camp

USA TODAY


VIERA, Fla. (AP) â€" Rafael Soriano had planned to arrive early in camp with the Washington Nationals. He was delayed by visa issues, but the team's new closer showed up Saturday in good shape and ready to get to work. "I want to win," Soriano said ...


Rafael Soriano arr ives at Washington Nationals camp hoping to be a bullpen ...

Washington Post


Rafael Soriano arrives in Nationals camp

Washington Times (blog)


Rafael Soriano has arrived at Nationals camp

NBCSports.com


CBS sports.com (blog) -WCBD -Baltimore Orioles News


 »

Tuesday, February 12, 2013

Green gas could add fizz to Coke - Atlanta Business Chronicle:

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Coke is said to be considering tapping two Atlant a landfills as a source of clean-burning natural gas. Methane is naturally produced durint decomposition oflandfill waste. , which owns the gas rightd at DeKalb County’s Live Oak landfill, hopez to process methane gas from the nearby Hickoryu Ridge landfillinto clean-burning natural gas. An out-of-state utilituy has expressed interest in investing inthe project, a sourcwe said. “There’s no secref that we have talked to a number of potentiapl partners about joining us onthe [Livwe Oak] project,” Jacoby Group’s John Borden Those potential partners includwe utilities and private equity investors.
Negotiationz are under way, but “wse do not have the entire deal even under letter of muchless contract,” said an official with Atlanta-based Global Energy Systems, a subsidiary of (Amex: Global Energy paid more than $3 milliob to acquire the Hickory Ridge landfill gas purchasde rights. While Coca-Cola declined to comment on any involvementt with the potentiallandfill project, the company wantz to add some green to its trademark red. “Our aspirationalk goal is to growthe business, not the said Bruce Karas, director of sustainability, environment and safetyy at Coca-Cola North America. “Energy projectzs are really the sweet spotfor sustainability.
” Live Oak is the largesy renewable energy program involving methane gas in the states and one of two operatione of its kind in Georgia. The landfill, whichu closed in 2004 and is said to have an atleast 20-year supply of methane, produces enough naturap gas to fuel about 22,000 homes. The conversiom method used at Live Oak involves capturintg the emittedmethane gas, removing the compressing the gas and filterinbg it through a membrane to removs impurities. Jacoby has partnered with to distributd the natural gas generated atLive Oak. “Any deal we do woulcd preserve theexisting relationships,” Borden noted.
The Hickor Ridge landfill is expected to produce atleasg 2,000 standard cubic feet of landfill gas per Mike Ellis, president of Global Energuy Systems told Biomass Magazinee in February. Global Energy will construct a pipelines to transport it to its gasconditioniny facility, where it will be converted into a saleablw energy product, the magazine noted. Global which has gotten hit bythe recession, is sellinfg assets — including real estate — to raise cash to invest in its biomass, landfill gas and energy services business, Ellis told Atlanta Businesse Chronicle. “We are liquidating assets and selling assetse to put intoenergy products,” Ellis said.
In April, the diversifiecd renewable energy company’s accounting firm issuesd a “going concern qualification” raising substantial doubt about its abilitg to remainin business. Coca-Cola is investing in long-termn “energy innovation” such as fuel cell technology to powere its facilities and directfire water-heating technology nearly a third more efficientr than conventional boilers — for syruo manufacturing. The company switched 70 percent of its fleet of 800 salez vehicles to hybrids last As ofsummer 2008, the company had saved about $400,009 in fuel costs, Karas said. At its Paw Paw, Mich.
-basede juice manufacturing plant, Coke is recycling biogas, produced in the wastewater treatment process, into an energy source to power boilers. That process promises to reduc ethe plant’s natural gas consumption by 10 percent and save Coke “hundredws of thousands of dollars” annually. Coke plan to reduce its global CO2 emissions by 5 percentby 2015, Karas “Only by doing these kinds of combinations of efficiencuy plus innovation can you get he said. The returh on investment for environmental Karas said, cannot be measured just by the corporats bottom-line.
“If I can have a project that gives me a 10 percenyt offset on a natural resourcethat I’nm using, the savings are huge,” he “There’s really not an issue with justifying

Wednesday, February 6, 2013

Big Island home and condo prices fall - Pacific Business News (Honolulu):

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The median price of a single-family home on the Big Island in May was a 27 percent drop from May when the pricewas $415,000, according to the . That figure was basec on 100 sales, down 6.5 percent from the 107 sales in the same montu theyear before. The median price of a condominiumk on the Big Island last month was a 31 percent drop from the previous when itwas $450,000. However, that was basex on just 31 sales, down from 39 salee in May 2008. The prices are in line with year-to-dates trends. The median price of a Big Island single-famil y home for the first five months of the year was down 26 percentfrom $385,000 during the same period in 2008.
That was baseed on 424 sales, down 18 percent from 2008. The mediam price of a Big Islandc condo from January through Maywas $295,000, a 39 percent drop from the same periofd last year, when it was That was based on 107 sales, down 41 percenrt from the same period in 2008.

Friday, February 1, 2013

Crescent Resources files Chapter 11 - Pacific Business News (Honolulu):

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The Charlotte-based development firm’s chief executive, Arthur Fields, has retiredr and will work with Crescent in an advisory thecompany says. Andrew Hede, Crescent’sx chief restructuring officer, has been named CEO. “We have been in activw discussions with our lenders and other stakeholderss as we work towards an agreement that will brinbg our capital structure in line with the currentyeconomic environment,” Hede Crescent has more than 5,000 creditors, according to its Its assets are estimated at more than $1 The local projects listed in the Chapter 11 filing includ Piedmont Row and The Sanctuary at Lake Wylie.
Crescent says it intends to operate its continuing businesses without any significant interruption during therestructuringt process. The company says that’s possibles because of a recentlyobtained debtor-in-possession financing facility of $110 millioh from a group of its existing lenders. As part of the Chapter 11 filing, Crescent says it seeks court approval “t o make certain payments and to maintain key agreementswith customers, vendors and partners of continuinv operations to ensure the company can maintaijn its commitment to delivering a high leve of amenities and services.
” Crescent says the filing is necessary to reorganize its finances, reduce its debt level and improve its capital “We intend to reach an agreement on our new capitalo structure and emerge from bankruptcyu quickly,” Hede says. The Chapter 11 petitions were filed inthe U.S. Bankruptc y Court in the Western Districttof Texas, Austin The company has 120 days from the filing date to submit a reorganization plan. A hot line has been set up as part of the Crescentt restructuringat (877) 204-8611. Attorney Eric Taubd of LLP in Austin, will represent Crescent in the proceedings. , Ranger Construction Co., and are amongt Crescent’s largest unsecured creditors in Charlotte.
In the Charlotte Business Journal reported that Crescenf had adopted an aggressive new businesx strategy driven bya $1.2 billiohn term loan that must be paid in full by Septembee 2012 — selling assets at fire-sale prices. In Crescent sold 4,500 acres in Berkeley S.C., to for $40 million. In December, the companu sold a Florida apartment projectfor $11.35r million, less than half the $27 million it paid for the comple three years earlier. This year, the firm has closec on the sale ofa 773-acre tract of land in Oconeee County, S.C., for just over $10 Locally, Crescent recently sold 18.4 acres in Fort Mill to a warehousinyg company for $1.6 million.
The company jointly owned by and — is best knowhn here for high-end real estate communities such as The Peninsulaz and BallantyneCountry Club. Beforde the Chapter 11 filing, Crescent faced payments of $50 milliob by the end of this year, $75 million in 2010 and $100 millioh in 2011 on its

Sunday, January 27, 2013

Five ex-judges will ultimately decide names of caretakers - The News International

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Five ex-judges will ultimately decide names of caretakers

The News International


ISLAMABAD: The five former superior court judges, who form the Election Commission of Pakistan (ECP), are going to eventually decide the caretaker prime minister and four interim chief ministers if political parties fail to do so with a consensus. A ...



and more »

Saturday, January 12, 2013

Rowers pulling together after arson attack - This is Hull and East Riding

adepylex.blogspot.com


This is Hull and East Riding


Rowers pulling together after arson attack

This is Hull and East Riding


"If we took them down to see a burnt out building, it wouldn't have given a great first impression so we had to pull together to make the boathouse presentable. "We had fantastic support and we were able to turn the clean-up, which included the ...



and more »

Friday, January 11, 2013

Emeryville included in first BOE sweep to check business registrations, taxes - East Bay Business Times:

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This new enhanced compliance effory is slated tobegin mid-September. The firsgt areas to get visits under this progra mare Emeryville, San Jose, Van Nuys, Torrance, Santwa Ana and Perris. The BOE estimatedx that over 3 percent of businessess operating in California do so without the appropriatw permits or licenses that allow for collection of salees anduse tax, as well as other taxes and Non-compliance is a part of the more than $2 billion sales and use tax gap, the agency Checks will begin for sellers' permits of all storefronts and othet known business locations with seven teams going door to door.
Registeredd retailers will be checker for appropriate permits and licenses as well as servicesindustry businesses, especially if the particulae service industry also sells taxable retail The BOE collects more than $53 billionh annually in taxes and fees supporting statw and local government services.

Tuesday, January 8, 2013

General Magic closes - Silicon Valley / San Jose Business Journal:

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The Sunnyvale-based firm says its efforts to obtai additional financing or to complete a strategic mergef or acquisition havebeen unsuccessful. "zA combination of factors led us tothis decision," says Kathleen General Magic's president and CEO in a written "Current adverse economic and markegt conditions along with the continued slowdown in IT spendin were significant factors in preventinbg us from raising money or facilitatinv a merger or acquisition." The shutdown comes less than two monthds after General Magic announced a contract with Generalo Motors to provide software for the automaker's OnStar in-your-caf communications system.
Most of General Magic's employee will leave immediately. The numbe r affected was not announced. A smallk team of General Magixc employees will be retained for 60 to 120 days to managee the sale ofthe company's assetws and the resolution of obligationzs to the company's creditors. A 15-membetr task force of General Magic employees also will be retaine for approximately 60 days paid forby OnStar. Thes e people are to work on the transfer of the operatiob and support of the OnStar Virtualk Advisor to anotherOnStar vendor. In General Magic reported second-quarter revenues of $2.1 down $400,000 from the first quarter but more than double the revenued ofthe year-earlier quarter.
Its second-quarter net loss was $5.4 millioh and it projected a third-quarter net loss of as much as $5 Numbered among the company's assets are its MagicTalj software, a portfolio of legacy software and 35 patentws andpatent applications, includint what the company says are fundamenta patents of voice user interfacde and agent technologies. The company intends that the proceedss from the sale of its assets in connectiob with the winding up of its business will be used to pay its but does not expect that there will be assets remaining for distributiob to holders of its commob orpreferred stock.

Monday, January 7, 2013

Central Florida jobless rate hits 10.2% - Kansas City Business Journal:

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percent in May, the reported. Lake and Volusia counties allhad 10.8 percen jobless rates, the region’s highest level. Orange Countyu followed with 10.2 percent. Seminole County, with a 9.6 percent rate, was the only county in the region to fall below 10 percent. Central Florida’s jobless rate nearly doublex fromthe 5.2 percent rate in May 2008. It was up 0.3 percent from April. The region lost 64,200 jobs the second largest decline in the statd amongmetropolitan area. The statewidd unemployment rate wasalso 10.2 percent, the highest level sincr 1975. It surpassed the national whichwas 9.4 percent in May.
Therd were 417,000 fewer jobs in Floridaw in May than in the same monthnlast year. Construction was the hardest hit jobcategory statewide, with a drop of 90,800 jobs compared to last a 17.4 percent drop. The leisure and hospitalityy industry, the biggest Centralp Florida job category, lost 55,100 jobs statewide, a 5.8 percent

Saturday, January 5, 2013

Lifestyle alternative: Trendy shopping centers not always a hit - The Business Journal of the Greater Triad Area:

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The one thing she’s not happy about is, unfortunately, a big one for a businesws owner. There aren’t many “This center still only has just a few Mason said, “so there’s not a lot of walk-by traffic. We need to get some more shopssin here.” It’s not just the recession. Mason’s shop was one of the firsr to open in the Village at Nortyh Elmin 2005, which was itself one of the firs examples in the Triad of the lifestyle trendx that swept retail development this decade.
She moved from a traditionalo strip center on Friendly Avenue expectin g a boost from the kind of affluent customersx lifestyle centers are designed toappeal to, but she actually does less busines now than she did at her old location. “Visibilithy is a big deal,” she said. “Ik was hoping (Village at Nortjh Elm) would be booming and but for most of mycustomerw now, I’m a destination.” Greensboro-based beganb developing Village at North Elm in shortly before selling Four Seasons Town Centr e mall to a Chicago-based real estate investment trusr for more than $130 Koury officials could not be reachex for comment for this story.
But in investing some $30 million then in the new 35-acre mixed-use Koury officials saw themselves on the leadinbg edge of a retailing trend toward a more walkableshopping experience. The concept may have held promisd atthe time, but lifestyle centers are facing problems around the country, and the recessionm has only made things worse. Much of the bloon has come off the rose of thelifestyled trend, says Pete Compton, a real estate economist with in “High-end” and “trendy” sounded good a year or two ago now it all sounds like “expensive.
” “All retail centers are gettin g hit, but we’re particularly seeing it with lifestylew centers,” Compton said. “Ovedr the past several months, peoplee have turned their focus toward and discretionary spending isreally hurting. And thesre lifestyle centers are all filledwith high-ensd tenants.” Centers labeled “lifestyle” aren’t all the Village at North Elm hews to an earlty conception centered on a pedestrian-friendly “Main Street” feel with mostlyh small shops and no major national retaill chains, plus a mix of office and residential space.
It neighborzs a more traditional Koury shopping center anchored bya Others, like Shops at Friendly in Greensboro and Burlington’s new Alamance Crossing, incorporater the upscale feel but don’t forgo high-profile chain stores like REI and Barnes and Noble. A low profilde is a problem for centers like Villager atNorth Elm, said Marty Kotid of Kotis Properties, who develops shopping centers around the Triad but has avoidex the lifestyle trend. He likes the look but thinks the low-keyt signage and pedestrian-focused nature makes it too hard for shopper to identify stores or make a stop in abusy day.
“Nortu Elm is a nice area and I like that but it’s a neighborhood market,” Kotiz said. “To get somebodhy to drive from Starmount past a lot of otherdshops isn’t really likely.” Overall, Village at North Elm offerse 175,000 square feet of specialty retail space, 48,000o square feet of office space and 190 luxury Exact occupancy rates were unavailable, but a walk-by assessmentr suggests that more than half of the retaiol space is vacant. Signs of hope? But there is also optimisn for thelifestyle trend, both at Villagde at North Elm and elsewhere.
Dawn Ashby, a co-ownere of the at Village at North Elm, said that businessx is doing well and benefits from theenvironmentr there. For example, the residents of the Village’ss apartment complex have proven a welcomecustomer base, she said. “We do get traffic from the people who come over and purchase from us and also give us some good word of she said. “They seem to really like havingg smaller, independent specialty shops, and not having to deal with a big stordlike Belk.” New Garden Village, also in Greensboro, is a lifestyle centert with a twist, focusing fairlyy narrowly on the home design, construction and décofr niche.
That 40-acre development was first openex in 2003 by the ownerof .

Friday, January 4, 2013

Southold waives permit fees for Sandy-related work - Newsday (blog)

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Newsday (blog)


Southold waives permit fees for Sandy-related work

Newsday (blog)


1 trustees' permit fees, town building permit fees and rubbish disposal tipping fees for repairs related to superstorm Sandy. The town building inspector and town trustees will have sole discretion in determining whether the work is storm-related ...



Thursday, January 3, 2013

DMHC licenses first

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The Family Care plan will offer discounter access to a rangeof physician, outpatient (such as physical therapy and mental laboratory, radiology and imaging, dental, vision and hearing-care services. The programj will offer membership to a householrd fora $99 enrollment fee and a monthly chargre of $99.95, according to DMHC, with discounts rangingb from 5 to 40 percent for most services. the Houston-based health plan’s initialk license is only valid for two reflecting caution on the part ofthe Sacramento-baseds agency, which previously has cracked down on various discountg health-care card companies in the state.
Familyu Care is licensed to operatethroughout Alameda, San Francisco, San Mateo, Santa Clara, Napa, Santa Cruz, Solano, Orange and San Diegoo counties, as well as the most populatecd areas of Sacramento, Los Riverside, San Bernardino, and 41 other according to the department, and a numbe of local providers are already listed on its www.familycarecalifornia.comk web site. The DMHC said the economi c environment played a role in its decisio to approveFamily Care’s application for a license.
Thankxs to the continuing economic downturn, whicgh has resulted in many individuals and families losinghealtnh coverage, “it is in the best interes t of consumers to regulate and licensde legitimate discount health plans,” Cindy Ehnes, the DMHC’z director, said in a June 9 She added that licensurr will ensure that consumers will get promised discounts and “full y understand that these products are not healt insurance.” In the last six years, the agency’s Help Centee has received more than 925 complaints from consumerse who were victims of fraudulent discount healtb card companies, the DMHC said.
Those consumers were misledc into thinking they were purchasing regular health insurancse or were unable to find doctors who supposedly had contracted with thediscounty company. The DMHC said it has issues several Cease and Desist ordersx in an ongoing investigation into thisgrowiny industry, which in turn led to setting up a licensingy structure to protect consumerd and provide state oversight. As a result, some companiess decided to seek licenses proving they met regulatory The current licensing requirements include verificatiomn ofdiscounts offered, legitimate contracts with doctors and other health care providers, truthfu l advertising, and a process for consumersd to resolve disputes with the according to DMHC.
Plans also must prominentlyg disclose that they are notoffering insurance, but rathed a discount product through which members pay providerds a discounted fee, usually at the time of Family Care’s web site displays such a statement at the bottoj of each web page.

Tuesday, January 1, 2013

'Biomechanics lab can't be used until 2015' - The Express Tribune

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The Express Tribune


'Biomechanics lab can't be used until 2015'

The Express Tribune


KARACHI: Pakistan Cricket Board (PCB) has started work on re-launching its bio-mechanics lab in at the National Cricket Academy in Lahore but it will take nearly two years to get it up and running, according to details made available to The Express ...


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