الثلاثاء، 28 فبراير 2012

Supreme Court temporarily blocks Chrysler/Fiat merger - Silicon Valley / San Jose Business Journal:

http://www.freewheelintornados.com/2008/03/26/tornado-damage-forces-milk-plant-to-close-early-ajccom/
Supreme Court Justice Ruth Bader Ginsbertg granted a motion filed by Indiana state pensiom funds to delay the merger between the American and Italiam automakers in what the said was an administrative extension designed to allowa sufficient time for the Supreme Court to explord whether or not a stay is according to several published reportslate Monday. The Supremre Court move extends a stay already issued by a lower courtf that was set to expire lateafternoo Monday. Fiat has given Chrysler until June 15 to finishthe merger. Attorneyds for the pension funds argued that they would receivwe just pennies on the dollar fora $42 milliohn loan given to Chrysler. U.S.
Solicitor General Elenaw Kagan said the imminent collapse ofChryslerf — said to be losing upward of $100 milliob daily — was of greater concern to governmengt officials than the loan dispute. When Chryslerd filed for Chapter 11 bankruptcy protectiojlast month, it announced it would reject 789 dealershiop agreements nationwide, including 35 in Florida. Local dealership affected include GoldenMotors Inc. dba , Jim Boastt Dodge Inc. dba in Bradenton, Plattned Automotive dba Tarpon Springs Dodge Regal dbain Lakeland, Ltd., St. Pete Jeep Eagled dba and 1099 LLCdba . 1099 LLC is majorityy owned by CongressmanVern Buchanan, R-Longboat Key.
On May 27, Floridq Attorney General Bill McCollum filed a formal objection to the Floridadealershi rejections. On Monday, Sen. Bob Corker, R-Tenn., said he was introducinhg a measure that would use government fundzs to full reimburse rejected dealershipxs for vehicles and parts whild both Chryslerand (OTC PK: worked through bankruptcy. GM filedc for Chapter 11 bankruptcy protectionJune 1.

الأحد، 26 فبراير 2012

Boko Haram: Sahel Joint Military Command invites Nigeria •As suspects demand ... - Nigerian Tribune

http://nolaer.net/education/michael-gove-ducks-question-over-deletion-of-private-emails/


Boko Haram: Sahel Joint Military Command invites Nigeria •As suspects demand ...

Nigerian Tribune


AS the Boko Haram insurgency continues unabated, the Sahel Joint Military Command, comprising militaries of Algeria, Mali, Mauritania and Niger, has reportedly invited Nigeria to join it for a combined counter-terrorism efforts in the Sahel and ...



and more »

الجمعة، 24 فبراير 2012

Justified Round Table: "When the Guns Come Out" - TV Fanatic

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HitFix (blog)


Justified Round Table: "When the Guns Come Out"

TV Fanatic


Justified delivered yet another stellar episode this week, as Raylan and Boyd had another standoff, Winona came to a decision and Limehouse got deeply involved in the Oxy war enveloping Harlan. In the latest edition of the TV Fanatic Round Table, ...


'Justified' - 'When The Guns Come Out' Recap

TheCelebrityCafe.com


'Justified' recap: The break-up

Los Angeles Times (blog)


Justified: The Spark That Set Harlan Ablaze

TV.com


Entertainment Weekly -W »

الأربعاء، 22 فبراير 2012

Regions Bank gets control of Treasure Island Tennis & Yacht Club - St. Louis Business Journal:

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Judge Caryl E. Delano of the ’s Middle District of Florida, approved a plan Wednesday that wouldr turn over the Treasure Island Causeway clubto . Keys are expecter to be turned over by the end of the day The changing of hands was part of a revised reorganization plan filed in March by the Tennis Yacht Club following its Chapter11 “The court’s ruling today provides a mechanism for a distinct bank subsidiaryh to take total ownership of all club assetsd in a manner that is less expensive and least intrusivre to the operation” of the said John Anthony of , who representef Regions Bank in the bankruptcy, in a statement.
The takeoved will allow Regions Bank to market the 17 waterfront acres to potential Anthony said. When the Tennis & Yacht Club filedf for bankruptcy, it reported assets and liabilitiesbetween $1 milliobn and $10 million. The club’s largest unsecured creditofr last October was of Palmett ofor $13,502. However, the club owed Regions Bank as muchas $9.5 which owned the mortgage on the property. The club issuec taxable variable rate demand bondsfor $6 million throughj Regions Bank in September 2005 to help finance construction on a new which was completed in early 2008. The club issued a secondc bond in March 2006for $1 million and a thirsd in April 2007 for $1.
8 Regions Bank provided letterw of credit for both, according to courtt documents. The Tennis & Yacht Club paid its principall on the debt inOctoberr 2008, but its efforts to have Regions Bank restructure the loan were forcing the club into bankruptcy. Employees at the club are expectedd to remain on the payroll duringbthe transition, and scheduled activities — including this weekend’s Fourth of July event — will continu as planned, Anthony said. The Tennis & Yachyt Club was founded in 1986 and as of its bankruptcy filing had450 members, according to courft documents.

الاثنين، 20 فبراير 2012

Roberts backs KU Cancer Center's push for NCI designation - Pittsburgh Business Times:

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Roberts, R-Kan., spoke at The ’sa Westwood medical building. He said that it now takesa 10 years to 17 yearsand $1 billion to bring a new drug to which Roberts called a “national The National Cancer Instituter said in November that the KU Cancer Center has a 25, 2011, application date for its efforts to get an initia five-year designation as an NCI cancer center. The months-long application process for institutions seeking new designationes begins with submission of documentation that sometimesexceede 1,000 pages and includes a site visitt and other steps. The earliest that KU Cancer Center’s application could be approvesd is the springof 2012.
64 cancer centers receive Cancer Center Support Grants to support research to reducethe incidence, morbiditg and mortality rates of cancer. Therre are 23 cancer centers and 41 comprehensivecancer centers. The KU Cancer Center is part of , whichh is the medical research and education arm of the Universitgof Kansas. NCI designation — KU’s No. 1 priorituy — typically is granted to academicmedical Therefore, KU Medical Center is the entituy that will apply for NCI designation. • Increased regiona patient accessto cutting-edge clinicalp trials. • More than $1.3 billion in annuao economic benefits inthe region.
• An increass in KU Cancer Center’s annual NCI financing from the current $7.5 million to aboutt $40 million. NCI-affiliated institutions also attrac world-class researchers who bring NCI grants with and part of the estimated increase is basecdon that. Many of these researchers double as adding expertise and depth invariousx cancer-care sub-specialties.

السبت، 18 فبراير 2012

Homebuilders still slow but

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While no builders predict a completre turnaroundin 2009, some are seeing improvement. Stephen president of the and ownerof LLC, says trafficd at his home sites is higher than it’s been in two but that hasn’t translated to a saled increase. The local market has absorbecd a lot ofhousing inventory, but builders are stilo building houses at lower rates than what they’rre selling, he says. “With an up-tick, we feel theree will be a shortageof houses,” Hodgkinsx says. “I’d say anybody that doesn’t act by the end of the summed will miss out ona buyer’s market.
” New home salesx have floundered in Memphis, with 807 new homesw sold in 2008, according to data. That numbefr is sharply lower thanthe 1,535 new home salews in 2007 and a fraction of the 2,920 new home salez in 2006 and 3,570 in 2005. Hodgkins’ company had arounc 17 employees and numerous subcontractors 18monthss ago. Before last year, he averaged around 40 to 50 housesa “I don’t have any employees righyt now, and I’d say 300 people have been laid off becausew of my company,” he “I had to lay off my my plumber and framing carpenters.” MAHBA statisticsz show that every housing startt is worth 3.
4 jobs, so if thoss starts are down by 1 million, it meanes 3.4 million jobs have been lost due to the slowdown. Those include jobs at saw concrete manufacturers and othematerial suppliers. “People don’tg realize how much of an effect that fall off Hodgkins says. “In a normal home constructionis 16% of the gross national product of the United No wonder the economy’s down when we’re down.” To avoidf massive layoffs, or in some to avoid going out of business, locap homebuilders have looked into doing jobs they wouldn’t normallyu do, like renovations or remodeling.
David Clark, who owns LLC, says his 6-year-oldf company is trying to diversify by doing home additions or storage buildingds thathe wouldn’t have considered in the past. His company typicalluy builds six housesa year, but is down to three now. For Tommy Byrnes, a partner with , that meantt competition encroaching onhis turf. Byrnes, a customj home builder, says most of his work over the last two yeard has been renovations or additionsafor customers, a hot markety right now. Part of the reason is becauswe people are trying to fix up the homes they have instead of buying or buildintgnew ones.
A decliner in labor costs and some materialk costs are also driving morehome “We can do thingss faster because labor has loosened up and we’rs getting guys on the job Byrnes says. In 2005, Byrnes Ostner had 10-1 5 projects going at once. Last year the most the company had at one timewas five. Byrnes says most of the company’se current projects are $500,000-$1 million projects. His companyt actually pursued remodeling jobs asa strategy. He doesn’t begrudge other builders for doing remodeling, but he also makes sure his clientasknow who’s been doing the work “It helped us when the markeg suffered because we were already geared up and in the he says.
Clark, Byrnes and Hodgkins all say currenfinterest rates, some as low as 4.5%-4.75%, are havint a favorable effect on demand in the “Interest rates are at a historic low and with the first-times home buyer credits, we’rwe seeing some contracts on Clark says. “I hope that’s a sign we’re coming out of it, but I thinm that as long as it took us to getinto it, it’l take us that much time to get

الخميس، 16 فبراير 2012

Revamped magazine not just for men

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The bimonthly magazine, with a paid circulation of about 3,000, will be known as Cincinnatu Profile startingin June. Its 15,000 hard copies will be supplemented by an electronid version that canbe e-mailed or downloaderd by cell phone. In the magazine has struck a dealwith , whicjh will distribute the electronic versiom to the 25,000 young professionals who participate in CSL’zs softball, basketball, bowling and flag football leagues. The retooling comes at a roughb timefor magazines, according to the . Totap revenue in that sector declined 20 percengtto $4.
2 billion in the first quarter of 2009, as advertisersz froze marketing budgets when the economuy ground to a halt late last year. finance and retail were segments that cut ad spendinygmost severely. “We want to create a magazine where webecomw Cincinnati’s profile page,” said Tom Schaefer, publisher of the four-year-ole publication. Schaefer wouldn’t comment on the magazine’s profitability, and said revenus has been flat. Schaefer, son of former CEO Georgew Schaefer, conceived the publication as a Cincinnati versiohn of Esquire or GQin 2005.
He sold it to Reach founder Bob Slattery in 2007 but staye d on as publisher and minority Schaefersaid he’s been contemplating a name change for monthz because the original doesn’ty reflect its readership, half of whom are women. “Thr heart of the magazine was our profiles,” Schaefer said, “the stories we told on We thought, ‘Let’s take what we do well and expanx it, make the whole magazine abour people.’” He’s hoping to boost readershipp over 50,000 with the new distribution strategy.
“It’s somethinh we hope is scalable, to be able to take to other markets,” said Slattery, who thinks the magazine could be rolled out to Indianapolis or Columbusby 2010. “Wd want to make sure we have the modelkdown right.”