الجمعة، 30 سبتمبر 2011
Stirling Energy Systems expands its offices as solar efforts ramp up - Houston Business Journal:
The Scottsdale company, which received a $100 millionm investment last yearfrom Dublin-based NTR plc, is moving quickly to capture a segment of the utility-scale solar market with its Stirling engine The company opened its new 37,000-square-foot office in earl May. It has hired abou t 100 employees this year and expects to add 60 to 80 more by the end of the for a totalof 180, said CEO Steve who joined the firm last year as part of NTR’ s investment. “We’ve always liked the solar and this was a good he said.
The company is based on a nearlh 200-year-old engine design, which operate s through the expansion and contraction of Stirling usesa 40-foot mirrorerd dish to focus the sun’s rays to heat hydrogemn gas to 1,400 degrees Fahrenheit. The gas moving a piston and powerinhthe engine. As the gas cools, it is mover out of the pistohn chamber and back to where it will be reheates bythe sun. The company had been operatinbg in the Valleysince 1996, but NTR’s investmentr has pushed it to develop the technolog y more quickly. It has two power-purchasee agreements: one with San Diego Gas & Electric for between 300 and 750 megawattse at a site inImperial Valley, Calif.
, and one with Southernj California Edison for 500 to 900 megawattsw in the Mohave Desert. Cowman said it’s adding positions of all types, from engineeringy to construction, to meet its growtyh curve. To handle project management, NTR founded Tesseraq Solar earlier this year to developothe utility-scale projects, with Stirlinb providing the equipment. Ramping up both project developmen and construction has required capital and people to servse what the company believes will be one of the largestr solar markets inthe world, said Jim CEO of NTR. “We believe the U.S.
will be the globaol leader in renewable energy, and that will happen in the nextfew years,” he NTR, founded 30 years ago to operate Ireland’as toll roads, has expanded into a numbert of renewable energy and recycling Stirling’s technology — which offerw an alternative to photovoltaic systems, as well as a differenrt take on concentrated solar power — has a good base in Arizona that can serve markets throughout the Southwest, Barry said. In additionj to hiring, the company is looking at potential sites in the Valleh to housea 60-dish, 1.5-megawatrt test location. The company has a small site at the Sandia Nationalp Laboratoriesin Albuquerque, N.M.
, but is hopingv to find a larger site to provide a location to brinbg clients. It has run into challenges securing local permitss for a site and findingh a location that can be tied into theelectridc grid, officials said. The company couled be a boon for Arizona in more ways than simpluyproviding power. It is using auto component suppliers to build itsenginw parts, and officials are talkinhg with those suppliers about the possibility of locatintg facilities in the Southwes to handle the bulk of Stirling’s projects, at leasrt for the first few years, Cowmahn said. “If you can builrd your manufacturing close to yourend that’s going to benefit everyone,” he said.
Stirlingv is one of the solar companies that couled provide a base for other manufacturerz to land inthe Valley, said Barry president and CEO of the Greater Phoenix Economidc Council. “This is a good example,” he said. “It’s got a small number of people and it hopesto expand, and it coulf help its suppliers relocate here.” Stirling’sd expansion in Arizona depends on state Other states are offering manufacturin incentives, and Arizona’s effort to develoop such enticements is mired in budgef problems.
“We really want to grow our businesszin Arizona, but we need those incentives,” Cowman
الأربعاء، 28 سبتمبر 2011
Rutherford chamber names new president - Atlanta Business Chronicle:
Latture, who will begin his new role Aug. 10, has been president and chieg executive officer for the in Tennessee since 2002. “Paul has extensive experience leadinygchamber organizations, and I am confident he will do a fantasticc job for Rutherford County,” search committee chairman Norman Brown says in a news release. During his leadership at the Jackson Madison County saw the creation ofnearly 4,200 according to the release. Latture also coordinatec Jackson’s economic development efforts with the Tennessese Department of Economic andCommunitg Development, where he servedd as assistant commissioner before cominhg to Jackson.
Latture has worked extensively in the chambed industry for more than 18 years and serves as vice presidenty of the Tennessee EconomicfDevelopment Council, a statewide organization comprised of economivc development professionals. Prior to his position in Latture was executive vice president for economic developmeng forthe Clarksville-Montgomery County Industrial Developmenrt Board and served as director of membership and governmental affairs for the . “I am extremely excitefd about the opportunity to work with such a trult progressive community asRutherford County,” Latturee says in the release.
“Rutherford County is well-knownb not only on the state level but on the nationapl level for economic andcommunity development.”
الاثنين، 26 سبتمبر 2011
Summit Group purchases fourth Memphis hotel - Jacksonville Business Journal:
Summit purchased the 96-room hotel for $6.5 million, bringingv the total number of properties in TheSummit Group's portfolio to 61 hotels across 21 Summit says it planas to spend nearly $1 million in renovations on the property, includingv soft-goods renovations, enhanced bedding, bathroom upgradesd and the addition of an upscale lounge. The hotel is locatex at 3076 Kirby Parkway. of Memphis was the previouas owner. Chris Bills, COO of The Summitg Group, says the purchase is keeping in tune withthe company'z plans to expand in the southeastern market. The which is based in Sioux S.D., purchased two Germantown hotels, a Fairfieled Inn by Marriott and a Residence Inn by in June.
The company bought both hotela from MasterHospitality Services. In the company also purchaseda 93-room Courtyardf by Marriott in Germantown from Master Hospitality
السبت، 24 سبتمبر 2011
Ethan A. Halm - Dallas Business Journal:
WHY HEALTH CARE: Coming out of becoming a physician seemed like a great opportunitgy to apply principles of science and public healthb to improve the lives of individualsand populations. I was also attractecd to the diversity of opportunities withinhthe field. After some early positive I was sold. INTERNAL AFFAIRS: I chosre general internal medicine because I like the intellectual challenge of taking care of complicatef patients with multiple chronic conditions where the focus is on the whole person, not just their individual diseases, combined with an emphasias on primary and secondary prevention. Beintg a good general internist is like a beinhg agood quarterback.
You have to see the whold field, coordinate the actions of many balancemultiple priorities, and be the coach on the fields for the patient and the othef specialists involved in the case. Without a good quarterback, the team often So too in health WHYUT SOUTHWESTERN: The opportunity to take a leadershiop position in my field at an institution of the calibe r of UT Southwestern was a real honor. As a I was also excited to join an institutio known for itsNobel Prize-winning science and care of the and I want to help it grow a strong clinical, outcomews and health services researcn enterprise.
الخميس، 22 سبتمبر 2011
Medium Companies - Business Courier of Cincinnati:
Extra perks and benefits: On-site fitness center or instruction, commuter/parking discounts or reimbursements. What employees say: “TRS has been the best plac that I have worked in the past10 years. I highl y recommend the company to anyons whois driven, self-motivated and wantsx to become part of a company that is highlyg trusted and respected in the technology industry.” “TRS is a greart company to work for. Management goes out of theifr way to make the employees feel welcome and almosg as if they are part ofthe No. 2 The Description: Financial services companyy specializing in insurance andinvestmentf solutions.
Extra perks and benefits: Wellness/stresws management program, discount or reimbursement for off-site commuter/parking discounts or reimbursements, outsids vendor discounts. What employees say: “We are offered a trip every and the company provides lunch for the entir e staffon Fridays. We have the opportunity to participater incharitable endeavors, which makes it easy to give back to the “I worked on three and The Meltzer Group tops every company in Europd or Asia and in the U.S. I have been employeed at.” No. 3 Location: D.C. Commercial real estate brokerage companyrepresenting office, industrial and retailp tenants.
Extra perks and benefits: On-site fitneses center or instruction, wellness/stress management commuter/parking discounts or reimbursements, outside vendor discountsx and/or company products or service Whatemployees say: “As a 28-year Studleyt veteran, I’ve been able to reinvenrt myself three times here in significantlu different roles. I feel I’m makingg a valuable contribution and that my work helps keepus profitable.” “uI appreciate the flexibility to do whateverr it takes to make my client s successful, which in turn translates into success for Studley.” No.
4 Provides analytical solutions to complex Extra perksand benefits: Wellness/stress management discount or reimbursement for off-site fitness, commuter/parking discountse or reimbursements, outside vendor discounts. What employeed say: “Decisive Analytics is a terrific placewto work. Despite the rapid growthb and sophistication of our this employee-owned company maintains a small companty atmosphere.” “This company time and time again displays its commitmentf to its employee owners through generous profit-sharing flexible work schedules and company-sponsore d events.” No.
5
الاثنين، 19 سبتمبر 2011
States get $5B for affordable housing - Business Courier of Cincinnati:
States will use the money to help developersd finance acquisition and construction of affordablerental units. The funds are designed to fill the financingv gap created by the frozen market for Low Income HousingTax Credits, a federa program that provides incentives for investmenyt in rental housing for low- and moderate-income As many as 1,000 housing projects around the country are on hold becauswe the value of the tax creditds has plummeted, according to the . Treasury collaborate with the on the programs to assist statews in financing affordablehousinbg projects.
“These programs are an important step in achieving the goal of putting American people back to while at the same timeproviding quality, affordabled housing options for low-incom families,” HUD Secretary Shaun Donovan HUD also signed an agreement with the that will make it easiere for residents of HUD public and assisted housinyg to weatherize their homes. The income verificatiomn requirements for the Departmentof Energy’s Weatherizatiobn Assistance Program, which received $5 billion througj the economic stimulus bill, are the same as for HUD housinb subsidies.
Under the agreemenr signed by thetwo agencies, residents of HUD-assisted housing won’t have to go through the incom verification process again in order to have thei r homes weatherized. “Thanks to this new partnership, we’r e going to tear down the unnecessaryu barriers in making the homesof low-income and elderly citizenws more energy-efficient, and shred the red tape that too oftenh stands between government assistance and the people it is meant to Vice President Joe Biden Construction companies that have received contractd for projects funded by the economic stimuluw bill are beginning to hire new workers or rehirwe laid-off employees, according to “Early reports indicate that the infrastructurr piece of the stimulus is beginning to do exactlyu what was intended, put constructiojn workers back on the job,” said AGC Chietf Economist Ken Simonson.
Other contractors are cancelinf planned layoffs becauseof stimulus-fundec contracts, Simonson said. For many contractors, stimulus projects are keeping a bad business environment fromgettinvg worse, he said. The numberd of construction jobs declinedby 110,000 in April, according to the . Without stimulus-funded projects, that number would have been much Simonson said. Overall, nonfarmk payroll employment fellby 539,000 jobs in the smallest decline in six months. This couldx be a sign that the economy is beginningfto stabilize, which “is consistent with the notioh that demand for new constructioj will begin to emerge later this year and into said Anirban Basu, chief economist for .
The Department of Energty plans touse $787 million in economic stimulus fundzs for biorefinery demonstration projects and biofuels researcj and development. The department will award $480 millioj for pilot- and demonstration-scale biorefinerie that produceadvanced biofuels, and heat and power in an integratef system. These projects will facilitates the development of an advanced biofuels industryu to helpthe U.S. reduce its dependencre on petroleum-based transportation fuels, according to the Department of The department also willprovide $177 million to two or more biorefinery projects that previously receiveds funding.
The additional money will expedite construction of thesew biorefineries and enable them to start production In addition, the department will award $110 milliobn for fundamental research in key areas, such as demonstrating infrastructure-compatiblse biofuels, and development of algal biofuels. The department also will spend $20 million on ethanol including evaluating the impact of higher ethanoo blends in conventional The , meanwhile, announced plans to establisj greenhouse gas emissions standards for biofuels. Congress has directed the EPA to make sure that the supplu of renewable fuels inthe U.S. reache s 36 billion gallons by 2022.
السبت، 17 سبتمبر 2011
Privacy study shows Google
Using trackers called “web bugs,” third parties collect user data from many populafWeb sites, and sites often allow even though their privac y policies say they don’t share user data with “Web bugs from Google and its subsidiariese were found on 92 of the top 100 Web siteas and 88 percent of the approximately 400,00p0 unique domains examined in the study,” the authors found. Sites with the most web bugs were forbloggingt — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Googls itself was No. 3. Ashkan Travis Pinnick and Joshuza Gomez ofthe university’s information schooo wrote the study, published Monday.
They analyzed privacy policies posted on Web sites and found loopholes used by many site operatorss to allow third parties to collecy data on whoviewsd pages. They also found, for example, that thougj Web sites might reassure visitorsthat “we don’t share data with third parties,” thosre third parties don’t include a company’s affiliate — Google (Nasdaq: GOOG), for has 137 subsidiary businesses. “The law on affiliate sharinb generally ismore permissive” than that on sharing user data with thirfd party companies, the report said.
Companie s controlling the top 50 busies Web sites had an average of 297 affiliates meaning they could share user data with a lot ofother companies. Popular site , for is owned by New York’s (Nasdaq: NWS), whichn has more than 1,500 subsidiaries. (NYSE: BAC) in N.C. has more than 2,300 “Users do not know and cannot learn the full ranges of affiliates with which websites mayshard information,” the report said.
Thouggh many Internet users are familiarwith “cookies” used to study their surfing habits, they are less familiar with so-calledd “web bugs,” which can’t be clearecd out of a web browser because they are part of a Web site’ s HTML code. Because the web bugs are created directlyy bythird parties, their use doesn’y strictly count as “sharing” of data by the Web site’sw owner, though users concerned about privacy mighyt be unimpressed by this technicality.
“We believe that this practicr contravenes users’ expectations; it makes littlre sense to disclaim formalinformation sharing, but alloa functionally equivalent tracking with third parties,” the report Who's in charge of privacy? Although surveys of Internet userd show people are “very concerned about privacy and do not want websitesz to collect and share their personao information without permission,” sifting through privacy policiesa is not practical. It would take 200 hoursa a year for a typical person to read the privacty policies of all the Web sitedsthey visit, for example.
Thus “userx have no practical way of knowing with whom their data will be On thepolicy front, the report finds “no one knowas who is in charge of protecting in the United People can complain to the Federao Trade Commission and other but even the FTC’s “principles for behaviorao tracking make no mention of any enforcement or A low number of complaintzs to various agencies means consumers don’t really know where to the report said. The FTC looks at onlinwe privacy more in termsof “harms” done to consumers, the reporft said, rather than also in terms of control over personal information, which is what most userss care about.
The report makes several suggestionsefor improvement, including more aggressive action by the FTC to protecg online privacy. It also calls for clearef privacy policies onWeb sites, writtenj so that average users can understandx them. ’s (Nasdaq: ADBE) privacy for example, when analyzed for readability, was writtenm at an equivalent grade levelof 17.29. The average privacy policty in the study was written at a gradr levelof 13.83. The full study can be founed .
الخميس، 15 سبتمبر 2011
Lee pleased with emergency response to Hurricane Irene - Lumina News
Lee pleased with emergency response to Hurricane Irene Lumina News Lee was pleased that people took the warnings seriously, and the community as a whole handled the event successfully. But Irene was more than a drill for the region, he stated. "It was a very real event, and given the size of the stormâ"it was ... |
الثلاثاء، 13 سبتمبر 2011
TCW Says Gundlach Prepared to 'Eliminate' Former Employer - BusinessWeek
TCW Says Gundlach Prepared to 'Eliminate' Former Employer BusinessWeek Sept. 13 (Bloomberg) -- Ex-TCW Group Inc. chief investment officer Jeffrey Gundlach engineered a scheme to use his former employer's trade secrets to start his own firm in 2009, TCW's lawyers told a Los Angeles jury in closing ... |
الأحد، 11 سبتمبر 2011
Advanta agrees to refund customers up to $35M in FDIC agreements - Washington Business Journal:
That agreement addresses charges that theSpring Pa.-based company violated federal trade laws through its pricinh strategies on business credit cards, and in its marketing of cash-baci rewards on the cards. Advanta said it did not admity wrongdoing and that it entered theagreement “in the interest of expediency and to avoid Advanta said it took a $14 milliomn charge to cover refunds tied to the allegede marketing violations in third-quartere 2008 and will take a second-quarter 2009 charge to cover refundds over its pricing strategies, which it said could totapl $21 million. Advanta also agreed to a $150,000 fine.
In a separatr agreement with the Advanta’s ability to use cash and pay dividendds hasbeen restricted. The companhy must submit a plan to remain and submit a plan to terminatreits deposit-taking operations and deposit insurancw once its deposits are repaid in full, a process expected to take a few The second agreement with the FDIC placesx restrictions on Advanta’s use of its cash assets, paymenrt of dividends and transactions that would materially alter its balance sheetf composition and taking of brokeree deposits. Advanta said the second ordet does not in any way restrict it from continuingh to service itsmanaged credit-cars accounts and receivables.
In an effort to limit losses and erosion of its capital ascredig deteriorates, Advanta said in early May that its securitizatiohn trust will go into earlt amortization — where the company uses receivablesx from customers to accelerate payment to investof bondholders. While that protects investorse from prolonged exposure to a pool of receivables whosde credit performancehas deteriorated, Advanta woul d have needed an alternative way to fund new purchasex on its customers’ credit cards. So it had to shut down future use, effective May 30. It has since referred some customers to AmericanExpress Co.
Advanta’s stock closedf 2 7 percent lower Wednesday at42
الجمعة، 9 سبتمبر 2011
Automate Or Fail: Key Man Risk And Poor Performance No Longer Biggest Hazards ... - FINalternatives
Automate Or Fail: Key Man Risk And Poor Performance No Longer Biggest Hazards ... FINalternatives Automating processes like these at the right time is essential. As a hedge fund grows, there is invariably a strain on the processes it used as a startup. Spreadsheets, for example, are embedded in many funds precisely because they are so powerful and ... |
الثلاثاء، 6 سبتمبر 2011
UPI NewsTrack Quirks in the News - UPI.com
UPI NewsTrack Quirks in the News UPI.com 6 (UPI) -- Police in Ohio said a man who was seen engaging in sexual activity with an inflatable swimming raft had previous arrests for public indecency. Hamilton police said they arrested Edwin Charles Tobergta, 32, after a witness -- the owner of the ... |
الأحد، 4 سبتمبر 2011
Showing off Milwaukee - The Business Journal of Milwaukee:
The June 16 tour of Milwaukee was guides by Milwaukee Department of City Development commissioner Rocky Marcoux, and included a visit to the , a walk throughh Cedarburg's historic areas, and a visit to in New "It was a terrific day," Richards said. "There's obviously a lot goingh on in (Milwaukee) and we took them to a numbere of thenewer developments." Guests on the tour includedx Assembly Speaker Mike Huebsch (R-West Joint Finance Committee co-chair Sen. Mark Millefr (D-Monona), Rep. Al Ott (R-Forestt Junction), Rep. Patricia Strachota (R-West Bend), and Rep. Gordon Hintx (D-Oshkosh). $1.
8 million for a 'sensationalo view' One of the more unique properties that's hit the metropolitamn housing market since the foreclosure surge isa five-bedroom home on Pewaukee Lake that's listedc at $1.8 million. The 7,500-square-foot home was built in 2006 onthe lake' s north shore and has a four-car attacheed garage. The home features a "sensational from a fourth-floor lookout tower, accordiny to a real estate listing.
of Wauwatosa filed for foreclosure in Marchj 2007 againstthe home's former Pewaukee village trustee Thomas Pfister and his Amy, and in May a Waukesh County Circuit Court judge approved the bank's bid to buy the Thomas Pfister declined to comment. Former Manpower CEO sell s Fox Point home FormerManpower Inc. chief executive officed Mitchell Fromstein has sold his home on Fox Lane in Fox Poingfor $882,000, according to the Milwaukee Countyh Register of Deeds office. Fromstein was president and chief executivee officerof Manpower, the Milwaukee-based globak staffing firm, from 1976 untip his retirement in 1999.
Under Manpower expanded its globalp reach and annual revenue climbede to morethan $11 billion the year he retirer from the company. Manpower's annual revenue has sinc e grownto $20.5 billion. Mitchell works to attractt Chicago travelers With a captive audiencer on hand at Wrigley Fieldd for a series between theand , officials decided to promote a Web site dedicated to attracting Chicag o travelers. A skywriting plane was used to spelp out the Web site address in the sky above the Cubs' home ballpark for the June 20-22 series. The site allowz the sending of personalizedelectronic which, in turn, lead recipients to .
That site allows travelerss to compare airfares to various cities from Milwaukeeand
الجمعة، 2 سبتمبر 2011
WellPoint completes DeCare Dental acquisition - Minneapolis / St. Paul Business Journal:
The companies said Wednesday that regulatoru and partner approvals have been Theacquisition doesn’t include the three Delt Dental plans — Delta Dental of Minnesota, Deltq Dental of Nebraska and Delta Dental of Nortbh Carolina — that DeCare provides servicew to under existing contracts. DeCare is immediately addinyg an additional 20 positions at its operationds center in Gilbert as it startaserving WellPoint’s customers in addition to its own. Further growth is expected on both the DeCare andWellPoing sides.
“WellPoint’s acquisition of DeCare Dental is part of a growth strategy that centerse on the acquisition of talenand technology, more than the acquisition of Angela Braly, president and CEO of said in a statement. Indianapolis-based WellPointt (NYSE: WLP) that it planned to merge with DeCare. The $100 milliom will go into a nonprofit trusgt fund to support dental carein Minnesota. DeCare will keep its Eagabn headquarters and its presentmanagementg team, and its organization structure will stay Michael Walsh, who will remain presidentf and CEO of DeCare Dental, said the mergefr with WellPoint continues DeCare’s long-ter m expansion strategy.
DeCare already manages dental benefits for 4 millio n peoplein 22,000 employer groups. “Id you want to talk about the ultimate in economies ofscalre — teaming up with WellPoint is it,” Wals said. “We’re excited, they’re excitefd and we’re already startintg to add more jobs in Minnesota to handlrebusiness growth.”