The Future of Venture Capital Huffington Post Second, the availability of alternative sources of financing such as accelerators, angel investors, and now crowdfunding. Lastly, companies are being "acqui-hired" after raising little or no capital and before needing substantial venture capital. 2 ... |
الخميس، 30 أغسطس 2012
The Future of Venture Capital - Huffington Post
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الأربعاء، 29 أغسطس 2012
Nationwide Arena sale under discussion - Charlotte Business Journal:
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Preliminary talks have been held between Blue Jackets and FranklimCounty officials, state legislators and Nationwide Insurance executivexs over helping the National Hockey League club solvre its economic problems, Columbus Businessw First has learned. One option undedr discussion calls for the county to buythe 18,000-seagt arena from Nationwide so the team can work toward getting a better lease. The issue is likelhy to come to a head in coming weeks as lawmaker s decide whether to grant Franklin Countty the authority to impose or seek voter approval for an increaser in alcohol and tobaccoexcise taxes.
Such a provisionb could be added to the state budget bill that the Genera l Assembly must pass byJune 30. Proceedss from a higher “sin tax” could providw a revenue stream for the counthy to tap to retirs debt on bonds it would issue to financw anarena purchase, according to peopl involved in the discussions. Ohio’s beer and wine tax rates stan at 18 cents and 32 centxa gallon, respectively. There is also a $1.25 state tax on a pack of Better dealfor team? Nationwide Arenaz is owned by a partnership of Nationwidse Insurance and Dispatch Printing Co.
, with the insuree holding a 90 percent The Blue Jackets lease the nine-year-old arena and operate it, but revenue from events isn’t covering operatingy costs, said Blue Jackete President Mike Priest. That’s forcinvg the club to take money from hockey operations to make up the he said. The formulza worked in the early years of the whenthe team’s player payroll was lower and game attendancs was higher, Priest said, but it has contributer to financial losses the Blue Jacketsx have suffered in recent The club has lost a combinedc $80 million over the past sevenb years. “We have a building financial Priest said. “That leads to a team financiao issue.
If we can fix the building problem, we can fix the team problem.” Team officials are exploriny whether county ownership of the arena could result in favorable changes to theBlue Jackets’ operatingt terms, Priest said. A county agency – the Convention Facilitiesx Authority – owns the land undet the arena and the nearby Greater ColumbusConventioj Center. The county also owns Huntington Park, the home of the Columbuz Clippers in theArena District. “The countyg has not agreed to do anything,” Priest said. “Nothinh has been concluded.
” Commissioners are awarde of what the Blue Jacketsz are proposing but have not taken a position on buyinfgthe arena, said county Administratorr Don Brown. The county could not afford to buy the buildinb unless a revenue stream was guaranteecd to retire bond debt that woulrd go witha purchase, he said. Official s also would need to examine theBlue finances, lease terms and revenue from non-hockey eventxs such as concerts. The club likely would be asked to signa long-terjm lease to ensure it remains in Columbus, Browb said. “Without a covenant or guarantee like he said, “I doubt the countty would be interested.
It would not make business sense to take on ownership without beint assured of ananchor tenant.” Public-private partnerships involving professional sports arenaa and stadiums are common, Priest For example, tax revenue from alcohol and tobacci sales was used in Cuyahoga County to help finance construction of a basketball arenas for the Cleveland Cavaliers and a basebalk stadium for the Indians in the Columbus went the opposite routed in 1997 after voters defeates a tax proposal to fund construction of a downtown arena.
Nationwide and Dispatch Printing, owner of the Columbus Dispatcy and othermedia operations, stepped in to builed the $150 million arena when Worthington Industriesa Inc. founder John H. McConnell led an investors groul that landed an NHL franchise for the The privately ownedBlue Jackets, whose majority owner is Worthington Industries CEO John P. McConnell, haven’ft disclosed details of the team’s But media reports have put the team’d lease on Nationwide Arena at morethan $3 milliomn a year.
Priest said the Blue Jackets gave up severaol revenue sources to help get thearena built, includingf 15 of the arena’s 52 luxury suites that were sold for 25 yeare by Nationwide. The team gets revenue from the remaininfluxury suites, but receives no revenud from parking or arena naming rights, he Priest was asked if the Blue Jackets woul consider leaving Columbus if the arena issued is not resolved. “The very reason we are being so he said, “is to avoid having to deal with that questioj and issue.
I believe as a communituy we have the ability to find a Nationwide has participated in discussionson “public-privatw opportunities” for the Blue Jackets, includint a sale of the arena, said Eric Hardgrove, a spokesman for the Columbus-based insurer. “We are not actively looking to sellthe arena,” he said. “I t is one of the many options undedr consideration to help ensure the Blue Jacketas remaina strong, viable presence here for years to
Preliminary talks have been held between Blue Jackets and FranklimCounty officials, state legislators and Nationwide Insurance executivexs over helping the National Hockey League club solvre its economic problems, Columbus Businessw First has learned. One option undedr discussion calls for the county to buythe 18,000-seagt arena from Nationwide so the team can work toward getting a better lease. The issue is likelhy to come to a head in coming weeks as lawmaker s decide whether to grant Franklin Countty the authority to impose or seek voter approval for an increaser in alcohol and tobaccoexcise taxes.
Such a provisionb could be added to the state budget bill that the Genera l Assembly must pass byJune 30. Proceedss from a higher “sin tax” could providw a revenue stream for the counthy to tap to retirs debt on bonds it would issue to financw anarena purchase, according to peopl involved in the discussions. Ohio’s beer and wine tax rates stan at 18 cents and 32 centxa gallon, respectively. There is also a $1.25 state tax on a pack of Better dealfor team? Nationwide Arenaz is owned by a partnership of Nationwidse Insurance and Dispatch Printing Co.
, with the insuree holding a 90 percent The Blue Jackets lease the nine-year-old arena and operate it, but revenue from events isn’t covering operatingy costs, said Blue Jackete President Mike Priest. That’s forcinvg the club to take money from hockey operations to make up the he said. The formulza worked in the early years of the whenthe team’s player payroll was lower and game attendancs was higher, Priest said, but it has contributer to financial losses the Blue Jacketsx have suffered in recent The club has lost a combinedc $80 million over the past sevenb years. “We have a building financial Priest said. “That leads to a team financiao issue.
If we can fix the building problem, we can fix the team problem.” Team officials are exploriny whether county ownership of the arena could result in favorable changes to theBlue Jackets’ operatingt terms, Priest said. A county agency – the Convention Facilitiesx Authority – owns the land undet the arena and the nearby Greater ColumbusConventioj Center. The county also owns Huntington Park, the home of the Columbuz Clippers in theArena District. “The countyg has not agreed to do anything,” Priest said. “Nothinh has been concluded.
” Commissioners are awarde of what the Blue Jacketsz are proposing but have not taken a position on buyinfgthe arena, said county Administratorr Don Brown. The county could not afford to buy the buildinb unless a revenue stream was guaranteecd to retire bond debt that woulrd go witha purchase, he said. Official s also would need to examine theBlue finances, lease terms and revenue from non-hockey eventxs such as concerts. The club likely would be asked to signa long-terjm lease to ensure it remains in Columbus, Browb said. “Without a covenant or guarantee like he said, “I doubt the countty would be interested.
It would not make business sense to take on ownership without beint assured of ananchor tenant.” Public-private partnerships involving professional sports arenaa and stadiums are common, Priest For example, tax revenue from alcohol and tobacci sales was used in Cuyahoga County to help finance construction of a basketball arenas for the Cleveland Cavaliers and a basebalk stadium for the Indians in the Columbus went the opposite routed in 1997 after voters defeates a tax proposal to fund construction of a downtown arena.
Nationwide and Dispatch Printing, owner of the Columbus Dispatcy and othermedia operations, stepped in to builed the $150 million arena when Worthington Industriesa Inc. founder John H. McConnell led an investors groul that landed an NHL franchise for the The privately ownedBlue Jackets, whose majority owner is Worthington Industries CEO John P. McConnell, haven’ft disclosed details of the team’s But media reports have put the team’d lease on Nationwide Arena at morethan $3 milliomn a year.
Priest said the Blue Jackets gave up severaol revenue sources to help get thearena built, includingf 15 of the arena’s 52 luxury suites that were sold for 25 yeare by Nationwide. The team gets revenue from the remaininfluxury suites, but receives no revenud from parking or arena naming rights, he Priest was asked if the Blue Jackets woul consider leaving Columbus if the arena issued is not resolved. “The very reason we are being so he said, “is to avoid having to deal with that questioj and issue.
I believe as a communituy we have the ability to find a Nationwide has participated in discussionson “public-privatw opportunities” for the Blue Jackets, includint a sale of the arena, said Eric Hardgrove, a spokesman for the Columbus-based insurer. “We are not actively looking to sellthe arena,” he said. “I t is one of the many options undedr consideration to help ensure the Blue Jacketas remaina strong, viable presence here for years to
الاثنين، 27 أغسطس 2012
Penske losing Big Lots logistics contract - San Antonio Business Journal:
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is packing up this summer at thediscount retailer’s headquarters and four other distribution facilitiesx after the merchant optes to not renew a logistics contract that expires in July. The Reading, Pa.-basesd Penske said 186 workers, including 53 in Columbus, could be affecter when its contractwith Columbus-based Big Lots expires July 31. Penskw spokesman Randy Ryerson said the company has worked with the retailersincd 1991. The 1,300-store Big Lots has chosen a new third-party logistics provider to continuew the warehousing and distribution work that Penskre performed atthe retailer’sd Phillipi Road headquarters and its distribution centers in Pa; Montgomery, Ala.
; Rancho Calif.; and Durant, Timothy Johnson, Big Lots’ vice president of strategifc planning and investor relations, said more than a dozen carriers bid for the work. He declined to disclose the company Big Lots selected tosuccees Penske. Big Lots and Penske representativewssaid they’re working with truck drivers lookinh to continue work under the new logisticxs provider. Johnson said the company met with workerw over the weekend to introducre thenew contractor. In the event that some workersare cut, Ryerson said privately held Penskse will work with the state “to make sure employees are awarre of different services.
” Penske employs about 20,00o0 workers worldwide. Asked why Big Lots opted to bid for a new contractoe after thelatest five-year contracg with Penske, Johnson said, “a lot has changedx in transportation in the past five years. We owed it to our associate s and shareholders to take a fresh look at how we handloutbound transport.” The loss of the Big Lots contract comes less than a year afterr Penske was replaced at a warehousd in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the where Penske had employede146 workers. Penske has 400 logistics centersx worldwide.
Its Central Ohio operations include a number of distribution and warehousing facilities inthe region.
is packing up this summer at thediscount retailer’s headquarters and four other distribution facilitiesx after the merchant optes to not renew a logistics contract that expires in July. The Reading, Pa.-basesd Penske said 186 workers, including 53 in Columbus, could be affecter when its contractwith Columbus-based Big Lots expires July 31. Penskw spokesman Randy Ryerson said the company has worked with the retailersincd 1991. The 1,300-store Big Lots has chosen a new third-party logistics provider to continuew the warehousing and distribution work that Penskre performed atthe retailer’sd Phillipi Road headquarters and its distribution centers in Pa; Montgomery, Ala.
; Rancho Calif.; and Durant, Timothy Johnson, Big Lots’ vice president of strategifc planning and investor relations, said more than a dozen carriers bid for the work. He declined to disclose the company Big Lots selected tosuccees Penske. Big Lots and Penske representativewssaid they’re working with truck drivers lookinh to continue work under the new logisticxs provider. Johnson said the company met with workerw over the weekend to introducre thenew contractor. In the event that some workersare cut, Ryerson said privately held Penskse will work with the state “to make sure employees are awarre of different services.
” Penske employs about 20,00o0 workers worldwide. Asked why Big Lots opted to bid for a new contractoe after thelatest five-year contracg with Penske, Johnson said, “a lot has changedx in transportation in the past five years. We owed it to our associate s and shareholders to take a fresh look at how we handloutbound transport.” The loss of the Big Lots contract comes less than a year afterr Penske was replaced at a warehousd in Lockbourne. Chattanooga, Tenn.-based last fall stepped in at the where Penske had employede146 workers. Penske has 400 logistics centersx worldwide.
Its Central Ohio operations include a number of distribution and warehousing facilities inthe region.
الأحد، 26 أغسطس 2012
Crescent Resources files Chapter 11 - Atlanta Business Chronicle:
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Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializeein mixed-use developments -- said the move is part of its strategg to reduce debt and improve its capital structure. The bankruptc filing was made inthe U.S. Bankruptc Court in the Western District of Austin Division. Before the Chapter 11 filing, Crescent facedd payments of $50 million by the end of this year, $75 millionb in 2010 and $100 million in 2011 on its debt. Crescent Resourceds has landed $110 million in debtor-in-possession financing from a grouop of itsexisting lenders, which will provide sufficient funds to operatse its ongoing business activities.
Crescent Resources CEO Arthuf Fields has retired from the companyu and will continue to work with the companyg in anadvisory capacity. Andresw Hede, Crescent’s chief restructuringv officer, will serve as CEO. Hede, a managing directod with , has more than 15 years of financial restructuring andbusiness experience. “We have been in activs discussions with our lender s and other stakeholders as we work towardsa an agreement that will bring our capitall structure in line with the currenteconomic environment,” Hede said in a news “...
Despite the unprecedented challenges facing the real estate webelieve Crescent's underlying businesd model is solid, and our assets remain very We are encouraged that our lenderx have agreed to provide additionak funding to support our continuec operations and allow us to maintain the high leveol of service and amenities our customers have come to We intend to reach an agreement on our new capitapl structure and emerge from bankruptcy Life insurance giant could keep Crescent Resourcesw as its joint development partner on the new 20-story Phipps commercial real estate brokers and developers have said.
And Manulifes has options to see the building through to brokers and developershave said. Phipps Tower is a nearlhy 500,000-square-foot building next to Phipps Plazain Atlanta’s posh Buckheas area. Crescent Resources is active in commercial and residential real estate development and land managemenf across the Southeast and Southwest and hascreatedd mixed-use developments, business and industrial parks, country-club communities, single-family neighborhoodas and apartment and condo complexes.
It has 38 residentialk communities under development inthe Carolinas, Georgia, Texas, Florida and and is currently building 1,200 apartment It also owns 75,000 acres of Crescent has 264
Charlotte, N.C.-based Crescent Resources -- a joint venture of and that specializeein mixed-use developments -- said the move is part of its strategg to reduce debt and improve its capital structure. The bankruptc filing was made inthe U.S. Bankruptc Court in the Western District of Austin Division. Before the Chapter 11 filing, Crescent facedd payments of $50 million by the end of this year, $75 millionb in 2010 and $100 million in 2011 on its debt. Crescent Resourceds has landed $110 million in debtor-in-possession financing from a grouop of itsexisting lenders, which will provide sufficient funds to operatse its ongoing business activities.
Crescent Resources CEO Arthuf Fields has retired from the companyu and will continue to work with the companyg in anadvisory capacity. Andresw Hede, Crescent’s chief restructuringv officer, will serve as CEO. Hede, a managing directod with , has more than 15 years of financial restructuring andbusiness experience. “We have been in activs discussions with our lender s and other stakeholders as we work towardsa an agreement that will bring our capitall structure in line with the currenteconomic environment,” Hede said in a news “...
Despite the unprecedented challenges facing the real estate webelieve Crescent's underlying businesd model is solid, and our assets remain very We are encouraged that our lenderx have agreed to provide additionak funding to support our continuec operations and allow us to maintain the high leveol of service and amenities our customers have come to We intend to reach an agreement on our new capitapl structure and emerge from bankruptcy Life insurance giant could keep Crescent Resourcesw as its joint development partner on the new 20-story Phipps commercial real estate brokers and developers have said.
And Manulifes has options to see the building through to brokers and developershave said. Phipps Tower is a nearlhy 500,000-square-foot building next to Phipps Plazain Atlanta’s posh Buckheas area. Crescent Resources is active in commercial and residential real estate development and land managemenf across the Southeast and Southwest and hascreatedd mixed-use developments, business and industrial parks, country-club communities, single-family neighborhoodas and apartment and condo complexes.
It has 38 residentialk communities under development inthe Carolinas, Georgia, Texas, Florida and and is currently building 1,200 apartment It also owns 75,000 acres of Crescent has 264
السبت، 25 أغسطس 2012
Unemployed to receive extended benefits - South Florida Business Journal:
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SB 810, sponsored by Sen. Rudy Garcia, and Rep. Dave Murzin, R-Pensacola, allowa eligible Floridians to receive additional temporary unemployment compensation made availablr through the American Recovery and Reinvestment Actof 2009. “Thiz new law will provide a financial lifelinr to anestimated 250,000 Floridians who have exhausted theid unemployment benefits and boosy our state’s economy with the infusion of an estimatee $418 million in federal recovery fundsd through the end of the year,” said Cynthia the agency’s interim director. Paymentsw will begin in earlu July and will be retroactiveto Feb. 22.
The initia retroactive payments may be as highas $5,10 for some, with additionakl payments of as much as $300 a week for up to a totapl of 20 weeks, according to a news The agency has set up a Web site to begi n processing payments at .
SB 810, sponsored by Sen. Rudy Garcia, and Rep. Dave Murzin, R-Pensacola, allowa eligible Floridians to receive additional temporary unemployment compensation made availablr through the American Recovery and Reinvestment Actof 2009. “Thiz new law will provide a financial lifelinr to anestimated 250,000 Floridians who have exhausted theid unemployment benefits and boosy our state’s economy with the infusion of an estimatee $418 million in federal recovery fundsd through the end of the year,” said Cynthia the agency’s interim director. Paymentsw will begin in earlu July and will be retroactiveto Feb. 22.
The initia retroactive payments may be as highas $5,10 for some, with additionakl payments of as much as $300 a week for up to a totapl of 20 weeks, according to a news The agency has set up a Web site to begi n processing payments at .
الخميس، 23 أغسطس 2012
Led Bib @ Jazz em Agosto (4.08.2012) - RDB - www.ruadebaixo.com
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RDB - www.ruadebaixo.com | Led Bib @ Jazz em Agosto (4.08.2012) RDB - www.ruadebaixo.com Concebidos inicialmente com um sax alto e um trompete, os Led Bib apresentam-se hoje em dia com dois saxofones altos. Uma opção que, segundo Mark Holub, resulta bem pela beleza crua deste instrumento. No entanto, os dois saxos soaram por vezes ... |
الأربعاء، 22 أغسطس 2012
Preliminary figures show UCM poised for second record fall enrollment - digitalBURG.com
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Preliminary figures show UCM poised for second record fall enrollment digitalBURG.com (WARRENSBURG, Mo.) â€" Based on preliminary data released this week, the University of Central Missouri is poised to set an enrollment record for the second consecutive year. Although exact data for the fall 2012 semester will not be available until the ... |
الثلاثاء، 21 أغسطس 2012
13 swept up in mortgage fraud indictments - Business First of Columbus:
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A Franklin County grand jury indicted a group of mortgage loan officers, real estate agents, appraisers and a titlee agent on a combined 83 counts of money laundering and receiving stolen property. The group is accusecd of concocting a scheme to buy and sell housees at inflated prices and then falsify loan documentes in order to skim thousands of dollar s from each sale of 30 properties inthe region. Most of the properties had gone into foreclosurr and are in urban neighborhoods that have been buffeted by thehousin slowdown. Five of the 13 were arrestecd Wednesday, said a spokeswoman for the Attorney General’z Office. They are scheduled for arraignmenrt Thursday.
• Tim Arrington and Nina Masseria, both of Carriagee Trade Realty; • Nina Dearing and Earron West, both of • Karen Axline, of Granville; • Kevimn Gray, of Reynoldsburg; • Kevin Murphy, of Blacklick; Benjamin Tubbs, of Pickerington; Karl Mullins, formerly of Columbus and now residingin • Joseph Colegrove, no residence • Cynthia Underdew, no residence listed; • Scott Walisa, no residenced listed; and • Terri White, no residence listed. The Ohio Organized Crimew Investigations Commission and the Central Ohio Mortgage Fraud Task Forces investigated thealleged fraud.
A Franklin County grand jury indicted a group of mortgage loan officers, real estate agents, appraisers and a titlee agent on a combined 83 counts of money laundering and receiving stolen property. The group is accusecd of concocting a scheme to buy and sell housees at inflated prices and then falsify loan documentes in order to skim thousands of dollar s from each sale of 30 properties inthe region. Most of the properties had gone into foreclosurr and are in urban neighborhoods that have been buffeted by thehousin slowdown. Five of the 13 were arrestecd Wednesday, said a spokeswoman for the Attorney General’z Office. They are scheduled for arraignmenrt Thursday.
• Tim Arrington and Nina Masseria, both of Carriagee Trade Realty; • Nina Dearing and Earron West, both of • Karen Axline, of Granville; • Kevimn Gray, of Reynoldsburg; • Kevin Murphy, of Blacklick; Benjamin Tubbs, of Pickerington; Karl Mullins, formerly of Columbus and now residingin • Joseph Colegrove, no residence • Cynthia Underdew, no residence listed; • Scott Walisa, no residenced listed; and • Terri White, no residence listed. The Ohio Organized Crimew Investigations Commission and the Central Ohio Mortgage Fraud Task Forces investigated thealleged fraud.
الأحد، 19 أغسطس 2012
What time is it? Entire family shifts to living on Mars time after Curiosity ... - Washington Post
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National Post | What time is it? Entire family shifts to living on Mars time after Curiosity ... Washington Post Every mission to Mars, a sm » |
السبت، 18 أغسطس 2012
F & M Bank Corp. Reports 2nd Quarter Financial Results - Equities.com
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F & M Bank Corp. Reports 2nd Quarter Financial Results Equities.com TIMBERVILLE, VA -- (Marketwire) -- 07/20/12 -- F & M Bank Corp. (OTCBB: FMBM), parent company of Farmers & Merchants Bank, announces its financial results for the second quarter ended June 30, 2012 and its recently declared second quarter dividend. |
الخميس، 16 أغسطس 2012
الأربعاء، 15 أغسطس 2012
State Senate considers eliminating domestic partner benefits - Phoenix Business Journal:
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The state government extended health care and othef benefits to partners of statwe workers last year covering about 750 unmarriedx heterosexualand same-sex couples. The Arizona Senatw now is considering elimination of those benefits as part of abudget fix. Gay rights groupds criticized the proposal. “The Senate citee removing coverage for the approximate 750 employees signed up for domestic partnet benefits would save thestatew $3 million of the more than $650 million it spends annually on health care benefitas for state employees,” said Barbara McCullough-Jones, executivse director of .
“Targeting this line which amounts to less than 5 percent ofthe state’ds health care budget, is not aboutr fixing the budget - it’w about moving a political agenda. Arizona’sa families, children and our healtu care system have been caught in the incompetengt leadership atthe Senate. If the Senate wante d a 5 percent cut in healtyh care benefits then they should have made it universakl across the entire system and the effects shoulds have been felt by all employees not just those beint singled out because of their marital The Legislature is controlled by Republicans with a substantiakl block of social conservatives who opposesd the extension of benefits in 2008 when Democratt Janet Napolitanowas governor.
The state government extended health care and othef benefits to partners of statwe workers last year covering about 750 unmarriedx heterosexualand same-sex couples. The Arizona Senatw now is considering elimination of those benefits as part of abudget fix. Gay rights groupds criticized the proposal. “The Senate citee removing coverage for the approximate 750 employees signed up for domestic partnet benefits would save thestatew $3 million of the more than $650 million it spends annually on health care benefitas for state employees,” said Barbara McCullough-Jones, executivse director of .
“Targeting this line which amounts to less than 5 percent ofthe state’ds health care budget, is not aboutr fixing the budget - it’w about moving a political agenda. Arizona’sa families, children and our healtu care system have been caught in the incompetengt leadership atthe Senate. If the Senate wante d a 5 percent cut in healtyh care benefits then they should have made it universakl across the entire system and the effects shoulds have been felt by all employees not just those beint singled out because of their marital The Legislature is controlled by Republicans with a substantiakl block of social conservatives who opposesd the extension of benefits in 2008 when Democratt Janet Napolitanowas governor.
الثلاثاء، 14 أغسطس 2012
Citizens customers face rate hike - Orlando Business Journal:
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While most of the insurer’s more than 1 millioh customers will see ratesgo up, some will see them go down as a resulft of Wednesday’s action, Citizens spokesman John Kuczwansk i said. The vote ends a three-year rate freeze that was put into effecgin 2007, when the Florida Legislature froze ratews through the end of 2009. during the last legislative session, lawmakers decided to allosw Citizens to raise its rates by up to 10 percentf to help bolster theundercapitalized insurer, while, at the same protect consumers from skyrocketiny premiums. Without the cap, policyholders would have seen rateasnearly double. However, lawmakers did not addresx the question oflowering rates.
That became an issu e of contentionat Wednesday’s meeting, and boared members agreed to allow for a decrease in premiumes of up to 10 percent, if warranted. “There was some discussio about how toaddresz that, taking into consideratiom the need for Citizens to become a more financially stables entity,” Kuczwanski said. The next step is for the recommendeed new rate structure to be presented tothe , whicyh can approve or adjust the request. Because it’sw a state-run agency, Citizens would not have the righyto appeal, Kuczwanski said.
While most of the insurer’s more than 1 millioh customers will see ratesgo up, some will see them go down as a resulft of Wednesday’s action, Citizens spokesman John Kuczwansk i said. The vote ends a three-year rate freeze that was put into effecgin 2007, when the Florida Legislature froze ratews through the end of 2009. during the last legislative session, lawmakers decided to allosw Citizens to raise its rates by up to 10 percentf to help bolster theundercapitalized insurer, while, at the same protect consumers from skyrocketiny premiums. Without the cap, policyholders would have seen rateasnearly double. However, lawmakers did not addresx the question oflowering rates.
That became an issu e of contentionat Wednesday’s meeting, and boared members agreed to allow for a decrease in premiumes of up to 10 percent, if warranted. “There was some discussio about how toaddresz that, taking into consideratiom the need for Citizens to become a more financially stables entity,” Kuczwanski said. The next step is for the recommendeed new rate structure to be presented tothe , whicyh can approve or adjust the request. Because it’sw a state-run agency, Citizens would not have the righyto appeal, Kuczwanski said.
الأحد، 12 أغسطس 2012
Southwest pilots turn down contract offer - Dallas Business Journal:
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The union, which represents Dallas-based Southwest’s (NYSE: LUV) 5,900 said 51 percent of pilots voted against the contract with 95 percent of the union participating inthe vote. The pilotd union and Southwest have been negotiating the new contracty sinceSeptember 2006. "Our pilots have spoken, and the group has stated there is more work to be said Capt. Carl Kuwitzky, President of the Southwest Airlines Pilots' Association (SWAPA). "This contract, despitwe some financial gains, contained too many other negative aspects toratift it.
" The pilots' union was not specifif about member objections to the contract, but said the association will poll its memberd to determine what elements require further discussion with the company. In a statementg issued Wednesday, Chuck Magill, vice president of flight operations at SouthwestAirlines said: "Ww are naturally disappointed and acknowledge it was a very closde vote. We reached a tentative agreemengt ingood faith, and both sides put a lot of effortt into getting to this point. We have an outstandinvg and highly productive groupof pilots, and we appreciatw their active involvement in the voting process.
We welcomee the opportunity for our negotiating teamseto re-engage and work toward an agreement that best meetse the needs of our company and our outstanding pilots during thesd challenging economic times.”
The union, which represents Dallas-based Southwest’s (NYSE: LUV) 5,900 said 51 percent of pilots voted against the contract with 95 percent of the union participating inthe vote. The pilotd union and Southwest have been negotiating the new contracty sinceSeptember 2006. "Our pilots have spoken, and the group has stated there is more work to be said Capt. Carl Kuwitzky, President of the Southwest Airlines Pilots' Association (SWAPA). "This contract, despitwe some financial gains, contained too many other negative aspects toratift it.
" The pilots' union was not specifif about member objections to the contract, but said the association will poll its memberd to determine what elements require further discussion with the company. In a statementg issued Wednesday, Chuck Magill, vice president of flight operations at SouthwestAirlines said: "Ww are naturally disappointed and acknowledge it was a very closde vote. We reached a tentative agreemengt ingood faith, and both sides put a lot of effortt into getting to this point. We have an outstandinvg and highly productive groupof pilots, and we appreciatw their active involvement in the voting process.
We welcomee the opportunity for our negotiating teamseto re-engage and work toward an agreement that best meetse the needs of our company and our outstanding pilots during thesd challenging economic times.”
السبت، 11 أغسطس 2012
Off-duty NYPD officer shot during fight with gal pal's estranged husband - New York Daily News
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New York Daily News | Off-duty NYPD officer shot during fight with gal pal's estranged husband New York Daily News An off-duty Brooklyn detective was shot late Friday night in New Jersey during a dispute with his love interest's estranged husband, police sources and neighbors of the suspect said. The estranged husband -- who has not yet been identified -- arrived ... Off-Duty NYPD Officer Shot in NJ |
الجمعة، 10 أغسطس 2012
Use of new security method urged to fight fraud, viruses - Washington Business Journal:
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Leading the charge to fortify the Interneyis Reston-based Public Interest which administers the .org domain. The compant joined with other Internet players to form the DNS Industrgy Coalition tocombat domain-name fraud — a type of data hijackingh that can lead to breaches and other DNS is short for domain name DNSSEC, lingo for “DNS security.” The method uses domain name security extensions to verify sources of data and properly direcr people to intended Web sites rather than fake thus preventing theft and the distribution of software that causes computer DNSSEC implementation can be daunting and costly in both labord and cash, said Rodney Joffe, senio vice president and technologist for Sterling-based which operates the .
biz and .us Internet domains. “For large companies like us, [the investment] is in the millionse of dollars.” Nevertheless, the coalition is growing and gaininhgmomentum — good news for companiez providing related security software and outsourced support services. The coalitioj formed an implementation review team in March and is developinfDNSSEC procedures, hoping to begin beta testinhg in the first half of this year.
“We are doinyg an assessment ofexternal factors, looking at the infrastructure acrossz the DNS, the levels of softwars people are using and whether they are DNSSEC-aware,” said Lancre Wolak, Public Interest Registry’s director of marketing and product management. By May, the group hope to show that its software can integratse with otherindustry software. Several informationn technology services and softwarecompanies — such as NeuStar, Mountain Calif.-based with offices in D.C. and and Secure64 Software Corp. in Greenwood Village, Colo. already provide managed DNS servicezs to their customers and are beginning to offeer DNSSECtools commercially.
The which began with seven industry members last now has30 members. Its most recent endorsementa came fromVint Serf, ’s vice presideny and chief Internet evangelist, and Dan Kaminsky, famoua in the security arena for uncovering the criticakl vulnerability in the Internet’s DNS that was exploitedd by the Kaminsky bug. A number of domain registries also have joinedxthe group, including , whichg operates the .edu registry from offices in D.C. and Colo., VeriSign, which operates the .com, .tv and .cc registries, and NeuStar.
Sinc e the Kaminsky bug discoverylast summer, Internet industry leaders are more aware of the Web’a infrastructure’s vulnerability and the rising cost of Internet The secure flow of traffic across the Internet’sz domains has become a priority. U.S. computer systems attacks that were reportedr to the FBIcost $265 millionj in 2008, a 10.9 percent increasr from 2007, according to the bureau’s March cybercrime report. cybercrimes have led to an undergrounc economy ofstolen information, primarily bank account and credi card data, valued at $7 according to security company in Cupertino, Calif.
From Symantec’ Security Operations Center in Alexandria and the company responded to morethan 1.6 millionn new threats, a 265 percent increase from 2007, according to an April 14 report. Despite the high implementationj costof DNSSEC, Alexa Raad, CEO of the Publicf Interest Registry, said the question no longer is do we reallhy need it? The issue now is, how do we implement it? “Ultimately, you can’t think of the cost in absolutd terms,” she said, addingv that the costs of lost assets dwarf the cost of implementing The federal government apparently agrees. An Office of Management and Budgeg mandate in August 2008 requiring thatthe .gov and .
mil domainzs be secured by this December. Federal DNS softward vendors have responded with programes to alleviatesome labor-intensive processes related implementation and maintenance.
Leading the charge to fortify the Interneyis Reston-based Public Interest which administers the .org domain. The compant joined with other Internet players to form the DNS Industrgy Coalition tocombat domain-name fraud — a type of data hijackingh that can lead to breaches and other DNS is short for domain name DNSSEC, lingo for “DNS security.” The method uses domain name security extensions to verify sources of data and properly direcr people to intended Web sites rather than fake thus preventing theft and the distribution of software that causes computer DNSSEC implementation can be daunting and costly in both labord and cash, said Rodney Joffe, senio vice president and technologist for Sterling-based which operates the .
biz and .us Internet domains. “For large companies like us, [the investment] is in the millionse of dollars.” Nevertheless, the coalition is growing and gaininhgmomentum — good news for companiez providing related security software and outsourced support services. The coalitioj formed an implementation review team in March and is developinfDNSSEC procedures, hoping to begin beta testinhg in the first half of this year.
“We are doinyg an assessment ofexternal factors, looking at the infrastructure acrossz the DNS, the levels of softwars people are using and whether they are DNSSEC-aware,” said Lancre Wolak, Public Interest Registry’s director of marketing and product management. By May, the group hope to show that its software can integratse with otherindustry software. Several informationn technology services and softwarecompanies — such as NeuStar, Mountain Calif.-based with offices in D.C. and and Secure64 Software Corp. in Greenwood Village, Colo. already provide managed DNS servicezs to their customers and are beginning to offeer DNSSECtools commercially.
The which began with seven industry members last now has30 members. Its most recent endorsementa came fromVint Serf, ’s vice presideny and chief Internet evangelist, and Dan Kaminsky, famoua in the security arena for uncovering the criticakl vulnerability in the Internet’s DNS that was exploitedd by the Kaminsky bug. A number of domain registries also have joinedxthe group, including , whichg operates the .edu registry from offices in D.C. and Colo., VeriSign, which operates the .com, .tv and .cc registries, and NeuStar.
Sinc e the Kaminsky bug discoverylast summer, Internet industry leaders are more aware of the Web’a infrastructure’s vulnerability and the rising cost of Internet The secure flow of traffic across the Internet’sz domains has become a priority. U.S. computer systems attacks that were reportedr to the FBIcost $265 millionj in 2008, a 10.9 percent increasr from 2007, according to the bureau’s March cybercrime report. cybercrimes have led to an undergrounc economy ofstolen information, primarily bank account and credi card data, valued at $7 according to security company in Cupertino, Calif.
From Symantec’ Security Operations Center in Alexandria and the company responded to morethan 1.6 millionn new threats, a 265 percent increase from 2007, according to an April 14 report. Despite the high implementationj costof DNSSEC, Alexa Raad, CEO of the Publicf Interest Registry, said the question no longer is do we reallhy need it? The issue now is, how do we implement it? “Ultimately, you can’t think of the cost in absolutd terms,” she said, addingv that the costs of lost assets dwarf the cost of implementing The federal government apparently agrees. An Office of Management and Budgeg mandate in August 2008 requiring thatthe .gov and .
mil domainzs be secured by this December. Federal DNS softward vendors have responded with programes to alleviatesome labor-intensive processes related implementation and maintenance.
الأربعاء، 8 أغسطس 2012
Medicare: Moses Cone may lose payments - The Business Journal of the Greater Triad Area:
cicugaha.wordpress.com
The federal Centers for Medicare and Medicaid Servicees inspected the hospitallast Friday, followingg the hospital’s announcement that 33 infants in the neonatal intensived care unit may have been exposedx to the H1N1 virus, otherwise known as swine flu. In a legal notice published in Friday’s edition of the News Record of Greensboro, Medicare officials said the hospitalo was found not in compliance of issues surrounding itsgoverning body, patient rightx and infection control. The legal noticr incorrectly said the findings were related to CarolinasMedica Center-Northeast, which is in Concord and not affiliated with Moseds Cone Health System, said Doug a Moses Cone spokesman.
Allred said Mosese Cone expects that Medicare officials will conduct another investigation beforeJuly 12, and the hospital expectas to address their concerns and remainb eligible for Medicare payments. Allred did not immediately know how much the hospital collectsfrom Medicare, but it is a significant portion of most hospital’z payments. Joan Wessman, Moses Cone’s chiev nursing officer, said such notices are “not highly unusual,” but hospital are almost always able toaddress Medicare’s concerne and remain in complianc e and eligible for payments.
Wessman said the hospitalk already had most of its action plan preparex before Medicare officials visited last but the hospital had to wait until the official notices came to officially submitthe “We expected this might happen,” Wessman said. “We have put most everything we need to do in There is just a formao process we have togo through.” In an updat e about the infants on Fridah afternoon, Moses Cone said the incubation period for the infantsd catching the flu has passed. The hospital said 11 of the 33 infante believed to have been expose d to H1N1 have been discharged to and none of them have exhibited symptomsx ofthe flu.
The federal Centers for Medicare and Medicaid Servicees inspected the hospitallast Friday, followingg the hospital’s announcement that 33 infants in the neonatal intensived care unit may have been exposedx to the H1N1 virus, otherwise known as swine flu. In a legal notice published in Friday’s edition of the News Record of Greensboro, Medicare officials said the hospitalo was found not in compliance of issues surrounding itsgoverning body, patient rightx and infection control. The legal noticr incorrectly said the findings were related to CarolinasMedica Center-Northeast, which is in Concord and not affiliated with Moseds Cone Health System, said Doug a Moses Cone spokesman.
Allred said Mosese Cone expects that Medicare officials will conduct another investigation beforeJuly 12, and the hospital expectas to address their concerns and remainb eligible for Medicare payments. Allred did not immediately know how much the hospital collectsfrom Medicare, but it is a significant portion of most hospital’z payments. Joan Wessman, Moses Cone’s chiev nursing officer, said such notices are “not highly unusual,” but hospital are almost always able toaddress Medicare’s concerne and remain in complianc e and eligible for payments.
Wessman said the hospitalk already had most of its action plan preparex before Medicare officials visited last but the hospital had to wait until the official notices came to officially submitthe “We expected this might happen,” Wessman said. “We have put most everything we need to do in There is just a formao process we have togo through.” In an updat e about the infants on Fridah afternoon, Moses Cone said the incubation period for the infantsd catching the flu has passed. The hospital said 11 of the 33 infante believed to have been expose d to H1N1 have been discharged to and none of them have exhibited symptomsx ofthe flu.
الثلاثاء، 7 أغسطس 2012
Woodland Corporate Center building gets LEED gold certification - San Francisco Business Times:
bertayfybuqutyp.blogspot.com
The building, which opened earlh last year, was designed and built to meet the second highest ranking ofthe Council’s Leadershipp in Energy and Environmental Design. was the generall contractor. Liberty Property Trust Vice President Jody Johnston estimatex the cost of building to green standards added an additional 5 perceny to the overalldevelopment costs, but that will be more than offsey by lower energy costs. Speciap features include showers and lockers for workerw who need to wash or changed clothes after they bike or jog to A deck made of recycled plastic borders the back of the overlooking a wetlands area thatprovides shade.
Landscaping incorporatex drought-resistant plants native to Florida. A whiter reflective roof deflectsthe sun. Bins for recyclinh are placed near trash bins for Restroom urinals conserve water by relyinbg on gravity and a filter instead of That feature is expected tosave 360,009 gallons annually since each urinal uses an estimated 40,000 gallons annually, Johnston said. Grass surroundin the parking lot soaksup rainwater. And a recycled rubber, was used instead of asphalgt around the large oak trees that linethe lots.
The porous rubberr allows water to soak into the The building, located at 4631 Woodland received the “Office Building of the Award from the Tampa Bay Chapter of the and the “Gree n Building Design Award” from the Hillsborough City-County Planning Commission in Tampa. Liberty (NYSE: LRY) has developed and leasec 19 buildings with nearly 1 million square feet of space in the parksincse 1996. Key park tenantss include , Travelers, Travel and .
The building, which opened earlh last year, was designed and built to meet the second highest ranking ofthe Council’s Leadershipp in Energy and Environmental Design. was the generall contractor. Liberty Property Trust Vice President Jody Johnston estimatex the cost of building to green standards added an additional 5 perceny to the overalldevelopment costs, but that will be more than offsey by lower energy costs. Speciap features include showers and lockers for workerw who need to wash or changed clothes after they bike or jog to A deck made of recycled plastic borders the back of the overlooking a wetlands area thatprovides shade.
Landscaping incorporatex drought-resistant plants native to Florida. A whiter reflective roof deflectsthe sun. Bins for recyclinh are placed near trash bins for Restroom urinals conserve water by relyinbg on gravity and a filter instead of That feature is expected tosave 360,009 gallons annually since each urinal uses an estimated 40,000 gallons annually, Johnston said. Grass surroundin the parking lot soaksup rainwater. And a recycled rubber, was used instead of asphalgt around the large oak trees that linethe lots.
The porous rubberr allows water to soak into the The building, located at 4631 Woodland received the “Office Building of the Award from the Tampa Bay Chapter of the and the “Gree n Building Design Award” from the Hillsborough City-County Planning Commission in Tampa. Liberty (NYSE: LRY) has developed and leasec 19 buildings with nearly 1 million square feet of space in the parksincse 1996. Key park tenantss include , Travelers, Travel and .
الأحد، 5 أغسطس 2012
Cahaba Heights pharmacy to reopen today, four days after bomb scare - al.com (blog)
efiosyt.blogspot.com
al.com (blog) | Cahaba Heights pharmacy to reopen today, four days after bomb scare al.com (blog) CVS bomb scare 719.jpg The Birmingham News/William C. Singleton IIIVestavia Hills police close a street near the CVS pharmacy in Cahaba Heights after a suspicious package and threatening note were found by CVS employees. The store will reopen this ... UPD ATE: CVS store reopens, after suspicious package found last week |
السبت، 4 أغسطس 2012
Citigroup, Texas Instruments Lead 7% Rise in U.S. Bond Offerings - Bloomberg
ejyceh.wordpress.com
Citigroup, Texas Instruments Lead 7% Rise in U.S. Bond Offerings Bloomberg Texas Instruments sold $1.5 billion of bonds at unprecedented rates for three- and seven-year debt and Citigroup raised $1.25 billion, according to data compiled by Bloomberg. Sales of $24.7 billion compare with $23 billion last week and a 2012 weekly ... |
الجمعة، 3 أغسطس 2012
Stephen L. Hines - Dallas Business Journal:
lebexab.wordpress.com
PRIMARY FOCUS: Primary care medicine is “relationship medicine.” The combinatiobn of science and interpersonal relationships provides both intellectual and spirituaplrewards — I couldn’t be in a bette r professional place to nurture both my mind and my YOUR WORK: As medical director of the Goldeb Cross Academic Clinic, I get to be a teachere of medical residents, a physician liaison with the Methodist Health System Foundation, a community health educator, and an overseer of patient care in our When I began this position in the fall of I became the firsgt full-time attending physician in the All these aspects of my job have evolved over time as needss and opportunities have presented themselves.
It’s been a wonderfup place to develop a number of health careinitiativex — especially those that serv an underserved patient population. BIGGEST CHALLENGE: Providinhg optimal patient care for people with limited resource and no health insurancre is ahuge challenge. A significant number of our patientsd must choose between purchasing medications and buying food or payingy rent andutility bills. Generouas donations provided by our Methodist Foundationb through its Golden Crosa Fund allow us tooffer full-time socia worker support and a stronbg medication assistance program.
The level of care we can providde to our underserved patient population is elevatede considerably byMethodist Foundation’s mission to support the clinic and its
PRIMARY FOCUS: Primary care medicine is “relationship medicine.” The combinatiobn of science and interpersonal relationships provides both intellectual and spirituaplrewards — I couldn’t be in a bette r professional place to nurture both my mind and my YOUR WORK: As medical director of the Goldeb Cross Academic Clinic, I get to be a teachere of medical residents, a physician liaison with the Methodist Health System Foundation, a community health educator, and an overseer of patient care in our When I began this position in the fall of I became the firsgt full-time attending physician in the All these aspects of my job have evolved over time as needss and opportunities have presented themselves.
It’s been a wonderfup place to develop a number of health careinitiativex — especially those that serv an underserved patient population. BIGGEST CHALLENGE: Providinhg optimal patient care for people with limited resource and no health insurancre is ahuge challenge. A significant number of our patientsd must choose between purchasing medications and buying food or payingy rent andutility bills. Generouas donations provided by our Methodist Foundationb through its Golden Crosa Fund allow us tooffer full-time socia worker support and a stronbg medication assistance program.
The level of care we can providde to our underserved patient population is elevatede considerably byMethodist Foundation’s mission to support the clinic and its
الأربعاء، 1 أغسطس 2012
Admiral Insurance Company Announces Erich W. Bublitz To Present At The ... - MarketWatch (press release)
savimy.blogspot.com
Admiral Insurance Company Announces Erich W. Bublitz To Present At The ... MarketWatch (press release) Admiral Insurance Company is a licensed insurer in the states of Delaware and New Jersey and a surplus lines insurer in all remaining states. For the states in which it is an eligible surplus lines insurer, Admiral Insurance Company's products are not ... |
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