olimstgon.blogspot.com
North Carolina ranked 36th in the nation for foreclosure filingalast month. Foreclosure filings in the statde fellnearly 16.1 percent in May from April. Acrossx the country, foreclosure filings rose 18 percenty in May from ayear ago. There were 321,48 0 foreclosure filings nationwide, which affected one in every 398 U.S. Nevada, California and Florida posted the top foreclosurer rateslast month. Filings nationwidre fell 6 percent in Mayfrom Irvine, Calif.-based RealtyTrac tracks default notices, auction-salew notices and bank repossessions. Its figures exceed thosse compiled bythe N.C. Commissioner of The company counts every foreclosure including multiple filings for asinglew household.
The commissioner counts each household only regardless of the number of filingsit
Tuesday, November 29, 2011
Sunday, November 27, 2011
BDSI shares jump on FDA update - Memphis Business Journal:
steinberg-virus.blogspot.com
Shares of BDSI (Nasdaq: BDSI) reached as high as $8.299 on Monday morning befors settling back to up just1 percent, as the close of a rough day for the markets. The company said that although the FDA did not take actiojn on the drug byJune 12, as a review team told the company that the FDA will not be issuin a review extension because the agency expects to take actioj on the drug application soon. The only outstandinvg requirement for Onsolis is approval ofa “risk evaluatiojn and mitigation strategy” or REMS, a plan to managse possible risks associated with a drug. The plan is now a requiremen t for allopioid drugs.
Onsolixs is a small disk placed on the inside of the cheelk that deliversthe pain-killing drug Fentanyl. It is used for breakthroughj pain experienced bycancer patients. CEO Mark Sirgoo said in a statement that the FDA needs a littlwe more time to complete its which is consistent with other drugz that have required a Sirgo also said that some warrants have been exercise d in the last several which should allow the compang to continue its work without anyadditiona financing.
Shares of BDSI (Nasdaq: BDSI) reached as high as $8.299 on Monday morning befors settling back to up just1 percent, as the close of a rough day for the markets. The company said that although the FDA did not take actiojn on the drug byJune 12, as a review team told the company that the FDA will not be issuin a review extension because the agency expects to take actioj on the drug application soon. The only outstandinvg requirement for Onsolis is approval ofa “risk evaluatiojn and mitigation strategy” or REMS, a plan to managse possible risks associated with a drug. The plan is now a requiremen t for allopioid drugs.
Onsolixs is a small disk placed on the inside of the cheelk that deliversthe pain-killing drug Fentanyl. It is used for breakthroughj pain experienced bycancer patients. CEO Mark Sirgoo said in a statement that the FDA needs a littlwe more time to complete its which is consistent with other drugz that have required a Sirgo also said that some warrants have been exercise d in the last several which should allow the compang to continue its work without anyadditiona financing.
Friday, November 25, 2011
Commission starts work on untangling Colorado government
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With that statement, Charlie Brown, now director of the Center for Colorado’s Economid Future at the Universityof Denver, put into perspective the enormoux task facing the Fiscal Stability Commission during its first Legislators created the commission to address the sweeping question of how to fix Colorado’ss constitution and statutes to put the statr on sound financial footing for decaded to come.
Six legislators and 10 members of the publi will consider conflicting statutes likethe Taxpayer’sz Bill of Rights, Amendment 23 and the Gallagher Amendment, as well as issues such as creating a rainy-day Commission members shared their goals at the starr of the meeting and then came to agreement on the group’ws main objectives. Those, expressed by Democratic Sen. John Morsw of Colorado Springs, are to determind what role government should playin Colorado, how much that will cost and how the statr goes about paying for it in as efficien and fair a way as possible.
Tim Hume, chairmab of the board for the First Farm Bank of also found agreement from many fellow commissioners by urgingh them to put asidre ideology over the nextfour months. Hume said that whilwe the legislation enabling the commission allowes for dissenting members to produce aminoritt report, that should be an option the commissionj doesn’t use. “I think we’re really goinbg to have a challenge to get past some of the preconceiveed notions that all ofus have. But I think we’ll do a disservices to Colorado ifwe don’t get past those,” Hume told colleagues. “Io would feel that this commissiobn was a failure if we had a minority report.
” The legislators spent much of the day reviewing budgey figures and getting a lesson on how the stats makes and spends its money. Sen. Greg R-Wray, pointed out that while the commission won’ft be asked to close a projecteds budget shortfallof $384 million for the fiscal year that beganj July 1, knowledge of the immediate problem should help members determined what needs to be done in the long Rep. Mark Ferrandino, a Denver Democrat and commissiomnvice chairman, left the first eight-hour meeting optimistic about the group’s abilith to come to consensus.
He noted that most people alreadyy have expressed a willingness to look both at ways to increase revenue and methods to decreasse costsby re-examining what services the state shoulcd be offering. “We have to figur e out what kind of governmentwe want,” Ferrandin said. The commission is scheduledf to take testimony Tuesday fromgovernmen representatives, think-tank operators and business leaders.
With that statement, Charlie Brown, now director of the Center for Colorado’s Economid Future at the Universityof Denver, put into perspective the enormoux task facing the Fiscal Stability Commission during its first Legislators created the commission to address the sweeping question of how to fix Colorado’ss constitution and statutes to put the statr on sound financial footing for decaded to come.
Six legislators and 10 members of the publi will consider conflicting statutes likethe Taxpayer’sz Bill of Rights, Amendment 23 and the Gallagher Amendment, as well as issues such as creating a rainy-day Commission members shared their goals at the starr of the meeting and then came to agreement on the group’ws main objectives. Those, expressed by Democratic Sen. John Morsw of Colorado Springs, are to determind what role government should playin Colorado, how much that will cost and how the statr goes about paying for it in as efficien and fair a way as possible.
Tim Hume, chairmab of the board for the First Farm Bank of also found agreement from many fellow commissioners by urgingh them to put asidre ideology over the nextfour months. Hume said that whilwe the legislation enabling the commission allowes for dissenting members to produce aminoritt report, that should be an option the commissionj doesn’t use. “I think we’re really goinbg to have a challenge to get past some of the preconceiveed notions that all ofus have. But I think we’ll do a disservices to Colorado ifwe don’t get past those,” Hume told colleagues. “Io would feel that this commissiobn was a failure if we had a minority report.
” The legislators spent much of the day reviewing budgey figures and getting a lesson on how the stats makes and spends its money. Sen. Greg R-Wray, pointed out that while the commission won’ft be asked to close a projecteds budget shortfallof $384 million for the fiscal year that beganj July 1, knowledge of the immediate problem should help members determined what needs to be done in the long Rep. Mark Ferrandino, a Denver Democrat and commissiomnvice chairman, left the first eight-hour meeting optimistic about the group’s abilith to come to consensus.
He noted that most people alreadyy have expressed a willingness to look both at ways to increase revenue and methods to decreasse costsby re-examining what services the state shoulcd be offering. “We have to figur e out what kind of governmentwe want,” Ferrandin said. The commission is scheduledf to take testimony Tuesday fromgovernmen representatives, think-tank operators and business leaders.
Wednesday, November 23, 2011
Maryland Senator introduces bill to help save newspapers - Los Angeles Business from bizjournals:
uraa-quartely.blogspot.com
The Maryland Democrat’s Newspaper Revitalization Act would allow newspapers to operatras non-profits, if they choose, under 501(c)3 status for educational purposes, similar to public broadcastingb stations, he said in a Under this proposed arrangement, newspapers would not be allowefd to make political endorsements, but would be allowede to freely report on all issues, including politicalk campaigns. Advertising and subscription revenue would be tax exempy and contributions to support coveraged or operations could betax deductible, the senato r said. However, he said the measurr “is targeted to preserve local newspapersa serving communities and not largenewspaped conglomerates.
” And because newspaper profits have been fallinbg in recent years, no substantial loss of federal revenue is expected. “We are losinfg our newspaper industry,” said Cardin. “Thre economy has caused an immediate but the business modelfor newspapers, based on circulation and advertising revenue, is broken, and that is a real trageduy for communities across the nation and for our democracy. Cardinh added that although many newssources exist, the publicd relies largely on newspapers “for in-depthu reporting that follows important records events and exposes misdeeds.
” In he said, most if not all sources of journalistic information — from radio to television to the Internet — gatherw their news from newspaper reporters who coverr the news on a daily basis and know their Leading business executives, including billionairer investment banker Warren Hellman, recently made an overture to , whichn owns the San Francisco Chronicle , to help it become a The proposal would be for a nonprofigt corporation “to take over the Chronicle ,” with Hearstf continuing to provide some philanthropic Coblentz said. Details remain sketchy, and it’ unclear if the proposal is beingg seriously consideredby Hearst.
But there’s no doubf that the Chronicle and a host of other metropolitan dailies are seeking new Citing , the Maryland senator notexd that newspaper advertising revenue plummeted 25 percent last and circulation at many print publications fell as as many readers migratedd to the Internet, where most (but not all) news is In the statement, Cardin noted that the , , and San Francisci Chronicle , among others, have either ceased daily publication or announced they may have to stop and that other publications, including newspapersw owned by the , owners of the and , have filedd for bankruptcy “or have had to instituts severe cutbacks that have impacted news coverage.
” Cardin’ws bill came just a week after House Speaker Nancty Pelosi asked U.S. Attornehy General Eric Holder to loosen antitrust restrictions to help newspaperzs like theChronicle survive. For many, the outloolk is grim. The Post-Intelligencer , also owned by New York-basex Hearst, shuttered its print publicatio March 17 and convertedto online-only news The Rocky Mountain News closes last month. The is being sold to a turnarounfd specialist, quite possibly because of its realestate assets. Papers such as the and the are also reportede to be inpotential jeopardy.
Critics worry that the nonprofit modelp may notsuit newspapers, and that such an approacg could give government more opportunitied to control the news. And Cardin admittec as much. “This may not be the optimao choice for some major newspapers or corporatdmedia chains, but it should be an optionb for many newspapers that are strugglinbg to stay afloat.”
The Maryland Democrat’s Newspaper Revitalization Act would allow newspapers to operatras non-profits, if they choose, under 501(c)3 status for educational purposes, similar to public broadcastingb stations, he said in a Under this proposed arrangement, newspapers would not be allowefd to make political endorsements, but would be allowede to freely report on all issues, including politicalk campaigns. Advertising and subscription revenue would be tax exempy and contributions to support coveraged or operations could betax deductible, the senato r said. However, he said the measurr “is targeted to preserve local newspapersa serving communities and not largenewspaped conglomerates.
” And because newspaper profits have been fallinbg in recent years, no substantial loss of federal revenue is expected. “We are losinfg our newspaper industry,” said Cardin. “Thre economy has caused an immediate but the business modelfor newspapers, based on circulation and advertising revenue, is broken, and that is a real trageduy for communities across the nation and for our democracy. Cardinh added that although many newssources exist, the publicd relies largely on newspapers “for in-depthu reporting that follows important records events and exposes misdeeds.
” In he said, most if not all sources of journalistic information — from radio to television to the Internet — gatherw their news from newspaper reporters who coverr the news on a daily basis and know their Leading business executives, including billionairer investment banker Warren Hellman, recently made an overture to , whichn owns the San Francisco Chronicle , to help it become a The proposal would be for a nonprofigt corporation “to take over the Chronicle ,” with Hearstf continuing to provide some philanthropic Coblentz said. Details remain sketchy, and it’ unclear if the proposal is beingg seriously consideredby Hearst.
But there’s no doubf that the Chronicle and a host of other metropolitan dailies are seeking new Citing , the Maryland senator notexd that newspaper advertising revenue plummeted 25 percent last and circulation at many print publications fell as as many readers migratedd to the Internet, where most (but not all) news is In the statement, Cardin noted that the , , and San Francisci Chronicle , among others, have either ceased daily publication or announced they may have to stop and that other publications, including newspapersw owned by the , owners of the and , have filedd for bankruptcy “or have had to instituts severe cutbacks that have impacted news coverage.
” Cardin’ws bill came just a week after House Speaker Nancty Pelosi asked U.S. Attornehy General Eric Holder to loosen antitrust restrictions to help newspaperzs like theChronicle survive. For many, the outloolk is grim. The Post-Intelligencer , also owned by New York-basex Hearst, shuttered its print publicatio March 17 and convertedto online-only news The Rocky Mountain News closes last month. The is being sold to a turnarounfd specialist, quite possibly because of its realestate assets. Papers such as the and the are also reportede to be inpotential jeopardy.
Critics worry that the nonprofit modelp may notsuit newspapers, and that such an approacg could give government more opportunitied to control the news. And Cardin admittec as much. “This may not be the optimao choice for some major newspapers or corporatdmedia chains, but it should be an optionb for many newspapers that are strugglinbg to stay afloat.”
Sunday, November 20, 2011
St. Louis schools to hire School Turnaround - St. Louis Business Journal:
wanuso.wordpress.com
The school district plans to hire , a NY., company that promises academic improvement and school leadership development witha money-back The two-year program will cost $1.6 million, with each of the 16 schoolas costing $50,000 each, said Patrick Wallace, a school spokesman. The program will be funded through a state The hiring was part of 15 academic proposales that Superintendent Kelvin Adams presentedd Thursday night at a meeting of the Special Administrative Board, which runs the district. Another plan callzs for hiring more academic coaches to bolster the professional developmentof teachers.
Currently, the schoo district has about 90 of theserinstructional coaches, or aboutt one in every school and two in high Adams proposed increasing that number to 136 coachews so each school could have two. With an averags salary of $75,000 each, the program wouldd cost about $10.2 million, Wallace The school district will firstf post the job listingb internally to give preference to teachers and administratorsd who are losing their jobs when 14 schooles close at the end of thisschool year. The school district is shuttering schools, many of them at half to save money and to respond to the shrinkingstudenr population, which has decreased from 42,000 to 26,500 studentss in the last decade.
Adams also proposesd giving five schools more autonomy in operations and curriculum in exchangefor results. School districtes in Boston and Baltimore have seen schools improve with this he said. Adams also wants to expandc alternative schools for troubled students and have the school districtt partner with churches and synagoguesfor after-schoolo programs and tutoring.
The school district plans to hire , a NY., company that promises academic improvement and school leadership development witha money-back The two-year program will cost $1.6 million, with each of the 16 schoolas costing $50,000 each, said Patrick Wallace, a school spokesman. The program will be funded through a state The hiring was part of 15 academic proposales that Superintendent Kelvin Adams presentedd Thursday night at a meeting of the Special Administrative Board, which runs the district. Another plan callzs for hiring more academic coaches to bolster the professional developmentof teachers.
Currently, the schoo district has about 90 of theserinstructional coaches, or aboutt one in every school and two in high Adams proposed increasing that number to 136 coachews so each school could have two. With an averags salary of $75,000 each, the program wouldd cost about $10.2 million, Wallace The school district will firstf post the job listingb internally to give preference to teachers and administratorsd who are losing their jobs when 14 schooles close at the end of thisschool year. The school district is shuttering schools, many of them at half to save money and to respond to the shrinkingstudenr population, which has decreased from 42,000 to 26,500 studentss in the last decade.
Adams also proposesd giving five schools more autonomy in operations and curriculum in exchangefor results. School districtes in Boston and Baltimore have seen schools improve with this he said. Adams also wants to expandc alternative schools for troubled students and have the school districtt partner with churches and synagoguesfor after-schoolo programs and tutoring.
Friday, November 18, 2011
Cincinnati-area firms win Ohio incentives - Birmingham Business Journal:
sunrise-invoices.blogspot.com
, a maker of marketing simulatiobn andplanning software, received $1.1 million from the Innovation Ohio Loan Fund, at an annuaol interest rate of 1 percent for the firsr year and 8 percent for five The Cincinnati-based company will use the loan to develoo a new generation of its Emerginhg Marketplace software and buy computer The $2.2 million project is expectes to create 36 jobs and retaijn 10 jobs. Two localo firms also received Job Creatiomn Tax Credits forexpansionh projects. • , a supplierd of labeling systems for thebeverage industry, was awarded a 45 percen tax credit for five years for a $1 million expansionh project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaibn 118. • won a 45 percen job credit, for a six-yeae term, for a $170,000 expansion project at its regional office The credit is valued at about $119,750 over its term. Advantage expects to creates 33 positions andretain 65. The company, headquarteredf in Spokane, Wash., provides energy managementt consulting services.
, a maker of marketing simulatiobn andplanning software, received $1.1 million from the Innovation Ohio Loan Fund, at an annuaol interest rate of 1 percent for the firsr year and 8 percent for five The Cincinnati-based company will use the loan to develoo a new generation of its Emerginhg Marketplace software and buy computer The $2.2 million project is expectes to create 36 jobs and retaijn 10 jobs. Two localo firms also received Job Creatiomn Tax Credits forexpansionh projects. • , a supplierd of labeling systems for thebeverage industry, was awarded a 45 percen tax credit for five years for a $1 million expansionh project in Mason.
The company expects to use the worthabout $52,700 over its term, to create 25 jobs and retaibn 118. • won a 45 percen job credit, for a six-yeae term, for a $170,000 expansion project at its regional office The credit is valued at about $119,750 over its term. Advantage expects to creates 33 positions andretain 65. The company, headquarteredf in Spokane, Wash., provides energy managementt consulting services.
Wednesday, November 16, 2011
Balsillie could face $100 million relocation fee for Phoenix Coyotes - The Business Journal of Milwaukee:
edibin.wordpress.com
That would be on top of his offerof $213 million for the financiallyu troubled hockey team to Coyotes owner Jerry U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentas Tuesday on whether the Coyotes can move to Canad a as part of their Chapter 11 bankruptcy reorganization. Baum is not expected to rule on themattetr Tuesday, but focused on rights and some kind of relocation fee to reimbursd the league for its lost expansion team opportunitg in Hamilton should the Coyotes move The $100 million figure was cited in court NHL Commissioner Gary Bettman declined to comment outside the downtown Phoenix bankruptcy courty on the $100 million or what a relocationj fee might entail.
The NHL and othef pro sports leagues are fighting the Coyotes move saying it coulr prompt other teams to file bankruptct in an attempt to move toothere markets. Baum, however, noted that movesa by the Baltimore Colts, San Diegio Clippers and others have not hada long-term detrimentao impact on pro sports. NHL representatives said Tuesdagy that the league will continue to fund the Coyotes througuh next season ifneed be, and its priorit y is an ownership group that would keep the team in If that’s not then bidders looking to move the team could be considered, officialss said.
Balsillie contends that NHL hockey is not financiallty viable in the Phoenixs market and is pushing for his offer to be approvefd by the endof June. The Coyotez have lost more than $300 million since moving to the Phoenix marker in 1996from Winnipeg. The court hearing was slatedx to continue Tuesday afternoon including argumentss against the Coyotes move from the cityof Glendale, which owns Jobing.com Arena where the hockey team plays.
That would be on top of his offerof $213 million for the financiallyu troubled hockey team to Coyotes owner Jerry U.S. Bankruptcy Court Judge Redfield Baum is hearing argumentas Tuesday on whether the Coyotes can move to Canad a as part of their Chapter 11 bankruptcy reorganization. Baum is not expected to rule on themattetr Tuesday, but focused on rights and some kind of relocation fee to reimbursd the league for its lost expansion team opportunitg in Hamilton should the Coyotes move The $100 million figure was cited in court NHL Commissioner Gary Bettman declined to comment outside the downtown Phoenix bankruptcy courty on the $100 million or what a relocationj fee might entail.
The NHL and othef pro sports leagues are fighting the Coyotes move saying it coulr prompt other teams to file bankruptct in an attempt to move toothere markets. Baum, however, noted that movesa by the Baltimore Colts, San Diegio Clippers and others have not hada long-term detrimentao impact on pro sports. NHL representatives said Tuesdagy that the league will continue to fund the Coyotes througuh next season ifneed be, and its priorit y is an ownership group that would keep the team in If that’s not then bidders looking to move the team could be considered, officialss said.
Balsillie contends that NHL hockey is not financiallty viable in the Phoenixs market and is pushing for his offer to be approvefd by the endof June. The Coyotez have lost more than $300 million since moving to the Phoenix marker in 1996from Winnipeg. The court hearing was slatedx to continue Tuesday afternoon including argumentss against the Coyotes move from the cityof Glendale, which owns Jobing.com Arena where the hockey team plays.
Monday, November 14, 2011
Chabot College gets $3.75M in grants - San Francisco Business Times:
aleksanovlsys.blogspot.com
The Hayward community college got $1.765 million from the to help fund the FaculthyInquiry Network, a program encompassing teams from 15 community college campuses Instructors at each of the colleges will be devisint solutions for the biggest roadblocks they face in teaching basidc skills. The network will be organizedd aroundthree hubs; Chabot will be the hub for Northern California Faculty at participating collegees will receive extensive training and coaching to identify learningh styles of individual students and determine how to help them achievwe their educational goals.
Chabot has also got a grang from thefor $2 The Title III grant over five yeares will also help faculty members assess student attainmenyt of educational goals. The money will be used to set up a Centerr for Teaching and Learning that will provide tutorint and early intervention for students struggling with theitacademic loads. The Chabot the flagship of the Chabot-Las Positaws Community College District, has 15,000 students.
The Hayward community college got $1.765 million from the to help fund the FaculthyInquiry Network, a program encompassing teams from 15 community college campuses Instructors at each of the colleges will be devisint solutions for the biggest roadblocks they face in teaching basidc skills. The network will be organizedd aroundthree hubs; Chabot will be the hub for Northern California Faculty at participating collegees will receive extensive training and coaching to identify learningh styles of individual students and determine how to help them achievwe their educational goals.
Chabot has also got a grang from thefor $2 The Title III grant over five yeares will also help faculty members assess student attainmenyt of educational goals. The money will be used to set up a Centerr for Teaching and Learning that will provide tutorint and early intervention for students struggling with theitacademic loads. The Chabot the flagship of the Chabot-Las Positaws Community College District, has 15,000 students.
Saturday, November 12, 2011
Samet to construct spec building in Mebane - Triangle Business Journal:
iqukikofor.wordpress.com
The development and general contractiny company will begin constructiobn onthe 104,160-square-foot building in late summer, with completion set for January 2010. This will be the fifth speculative building that Samet has constructee in the North Carolina Industrial which is located on the Alamance County sideof Mebane, which also extends into Orange County. In May, Samet sold one of its spec buildingsz to BD for development into a planrtmanufacturing cancer-screening products. Speculative buildings are shell structures constructeds with no tenantsyet signed. The developer speculatews that it can find a company or individualp that will buy or leasrthe building.
Build-out is then customized for thenew tenant. “Spec buildings make a community more saysMac Williams, president of the Alamance Counthy Area Chamber of “ They are built for adaptability and are a grea t traffic generator for economic The host community will get a lot more looks from a widerr variety of industries and projec types when there is a building a company can customizwe and occupy in a shortt amount of time.” With the economy in recession, groundd is being broken on few spec buildings, but Rick Devenport, a Samer Corp. vice president, says the spec strategyg is a key part ofhis company’se business model.
“The buildings drive traffic tothe park, and they displah our ability as a general he says. “The speed with which a spec buildinbg can be upfit for occupancy createss acompetitive advantage.”
The development and general contractiny company will begin constructiobn onthe 104,160-square-foot building in late summer, with completion set for January 2010. This will be the fifth speculative building that Samet has constructee in the North Carolina Industrial which is located on the Alamance County sideof Mebane, which also extends into Orange County. In May, Samet sold one of its spec buildingsz to BD for development into a planrtmanufacturing cancer-screening products. Speculative buildings are shell structures constructeds with no tenantsyet signed. The developer speculatews that it can find a company or individualp that will buy or leasrthe building.
Build-out is then customized for thenew tenant. “Spec buildings make a community more saysMac Williams, president of the Alamance Counthy Area Chamber of “ They are built for adaptability and are a grea t traffic generator for economic The host community will get a lot more looks from a widerr variety of industries and projec types when there is a building a company can customizwe and occupy in a shortt amount of time.” With the economy in recession, groundd is being broken on few spec buildings, but Rick Devenport, a Samer Corp. vice president, says the spec strategyg is a key part ofhis company’se business model.
“The buildings drive traffic tothe park, and they displah our ability as a general he says. “The speed with which a spec buildinbg can be upfit for occupancy createss acompetitive advantage.”
Thursday, November 10, 2011
Global Symposium helps students integrate international experience with real ... - Red and Black
elisovadinaimar.blogspot.com
Global Symposium helps students integrate international experience with real ... Red and Black “The symposium will bring together a community that is beyond Athens,†she said. “It is a very good opportunity for students to network with those communities and learn what's happening in the world.†Beyond networking opportunities, the symposium will ... |
Monday, November 7, 2011
Poizner says no to workers' comp rate increases - Silicon Valley / San Jose Business Journal:
lehoquvuhu.wordpress.com
Poizner’s decision is in stark contrast tothe 23.7 percentr increase recommended by the . “I’m turning down the entir application,” Poizner said in a conference call withreporters Wednesday. No increase in the benchmark rate is necessaruy while additional avoidable costs can still be squeezedd out ofthe workers’ comp system, he Poizner said he’ll form a comp cost advisory group, which will be made up of a variety of industry players, to find ways to make the systenm more efficient and The commissioner also said he’d releasde a report on Wednesday identifying 27 ways for reducingy costs within the workers’ comp system, including beefing up safetty efforts in the workplace.
Poizner added that he’d like to see insurers offer more safetyincentivse programs. “California’s economy couldn’t be in worse Poizner said, noting the Golden State’ 11.5 percent unemployment. Any rate increase wouldx further harmthe state’s he said. Poizner’s benchmark base rate is only a Insurers are free to set their own Many insurers already have filed their ratee with the Department of Insurance for new and renewing policies startingJuly 1. Some insurers will charge some willcharge less, based on what they need to reserves to pay their an insurer trade group said.
“Companies have to manager their solvency,” Nicole Mahrt, local spokeswomam for the American Insurance said in responseto Poizner’s zero benchmark Insurers can’t ignore that systemj costs are increasing, she said. Poiznefr and Mahrt advised employers to shop around in what they both said remainz acompetitive market.
Poizner’s decision is in stark contrast tothe 23.7 percentr increase recommended by the . “I’m turning down the entir application,” Poizner said in a conference call withreporters Wednesday. No increase in the benchmark rate is necessaruy while additional avoidable costs can still be squeezedd out ofthe workers’ comp system, he Poizner said he’ll form a comp cost advisory group, which will be made up of a variety of industry players, to find ways to make the systenm more efficient and The commissioner also said he’d releasde a report on Wednesday identifying 27 ways for reducingy costs within the workers’ comp system, including beefing up safetty efforts in the workplace.
Poizner added that he’d like to see insurers offer more safetyincentivse programs. “California’s economy couldn’t be in worse Poizner said, noting the Golden State’ 11.5 percent unemployment. Any rate increase wouldx further harmthe state’s he said. Poizner’s benchmark base rate is only a Insurers are free to set their own Many insurers already have filed their ratee with the Department of Insurance for new and renewing policies startingJuly 1. Some insurers will charge some willcharge less, based on what they need to reserves to pay their an insurer trade group said.
“Companies have to manager their solvency,” Nicole Mahrt, local spokeswomam for the American Insurance said in responseto Poizner’s zero benchmark Insurers can’t ignore that systemj costs are increasing, she said. Poiznefr and Mahrt advised employers to shop around in what they both said remainz acompetitive market.
Saturday, November 5, 2011
Networking Calendar - Silicon Valley / San Jose Business Journal:
vezasid.wordpress.com
Arizona International Growth Group, first Mondagy of the month, 7:30 a.m., 4747 N. 22nd St., Phoenix. $5. www.azigg.com. first Monday of the month, 7:30 Hilton Garden Inn, 1940 W. Pinnacle Peak Phoenix. $10. Registration required: www.ecomonday.cok or Gail, 602-524-3836. Entrepreneurial Mothers Association, first Mondayy of the month, 6:15 p.m., Radisson 7475 W. Chandler Blvd., Chandler. rsvpev@emausa.org. Phoenix CEO-CFOk Group, fourth Monday of the month, 11:30 McCormick & Schmick’s, 2575 E. Camelback Phoenix. $35. Reservations www.phoenixceocfo.com. Phoenix Green Chamber of CommerceEducational Forum, fourth Monday of the 6 p.m., location varies. Free $20 nonmembers.
602-682-5566 or www.phoenixgreenchamber.org. Securit Practitioners Forum, fourth Monday of the month, 6:30 p.m., Universithy of Advancing Technology, 2625 W. Baseline Road, Free. www.azspf.org. Success Dynamics Leads Group, Chandlere Chamber of Commerce Chapter, 7:30 a.m., Wildflower Bread Co., 3111 W. Chandler Blvd., Chandler. 480-963-4571, ext. 205, or brad@chandlerchamber.com. Businessw Builders, weekly, noon, Tutti Santi Italian Restaurant, 7575 N. 16th St., Robert Burton, 602-214-4217 or www.azbusinessbuilders.com. Chats Toastmasters, weekly, noon, Hope 7901 E. Sweetwater Ave., Free. www.chatstoastmasters.org or Patricia 602-432-8168.
Scottsdale Visioh Business Networking, weekly, 12:15 p.m., 15849 N. 71st St., Ste. 100, Robert Wade, 602-430-4647 or Scottsdalians Toastmaster Club, weekly, 6:45 p.m., Paiut Neighborhood Center, 6535 E. Osbornn Road, Scottsdale. 480-947-9196. Women’s Chandler Chamber of Commerce, 8 a.m. June 2, Chandler Chambere of Commerce, 25 S. Arizona Ste. 201, Chandler. Free. www.chandlerchamber.com. West Valley Women, first Tuesday of the month,11:3p a.m., Skye Fine Dining, 16844 N. Arrowhead Fountain Drive, Peoria. Reservations: www.westvalleywomen.orgy or 602-235-2370. 3000 Club first and third Tuesday ofthe month, 7:30 a.m., Holidayh Inn Express, 16540 N. Bullard Surprise.
Bob and Helen Estep, 623-556-6123, or www.the3000club.org. Scottsdale Job Network, first and third Tuesday s of the month, 8:30 a.m., Temple 4645 E. Marilyn Road, Phoenix. www.scottsdalejobnet.com or 480-513-1491. Arizona Entrepreneurs, seconc Tuesday of the month, 7:30 a.m., New Visioh Center, Hayden and Mountain Scottsdale. $5. www.azentrepreneurs.com or 480-314-0803. Womehn in Insurance and Financial Services, seconr Tuesday of the month, 7:30 a.m., Donovan’s Steak House, 3101 E. Camelbackk Road, Phoenix. rsvpwifs@cox.net or 602-314-4456. Entrepreneuriao Mothers Association-Northeast Valley Chapter, second Tuesda of the month, 11:30 a.m., Stone Cree k Golf Club, 4435 E.
Paradise Village Pkwy. Phoenix. bebe@empressplace.com.
Arizona International Growth Group, first Mondagy of the month, 7:30 a.m., 4747 N. 22nd St., Phoenix. $5. www.azigg.com. first Monday of the month, 7:30 Hilton Garden Inn, 1940 W. Pinnacle Peak Phoenix. $10. Registration required: www.ecomonday.cok or Gail, 602-524-3836. Entrepreneurial Mothers Association, first Mondayy of the month, 6:15 p.m., Radisson 7475 W. Chandler Blvd., Chandler. rsvpev@emausa.org. Phoenix CEO-CFOk Group, fourth Monday of the month, 11:30 McCormick & Schmick’s, 2575 E. Camelback Phoenix. $35. Reservations www.phoenixceocfo.com. Phoenix Green Chamber of CommerceEducational Forum, fourth Monday of the 6 p.m., location varies. Free $20 nonmembers.
602-682-5566 or www.phoenixgreenchamber.org. Securit Practitioners Forum, fourth Monday of the month, 6:30 p.m., Universithy of Advancing Technology, 2625 W. Baseline Road, Free. www.azspf.org. Success Dynamics Leads Group, Chandlere Chamber of Commerce Chapter, 7:30 a.m., Wildflower Bread Co., 3111 W. Chandler Blvd., Chandler. 480-963-4571, ext. 205, or brad@chandlerchamber.com. Businessw Builders, weekly, noon, Tutti Santi Italian Restaurant, 7575 N. 16th St., Robert Burton, 602-214-4217 or www.azbusinessbuilders.com. Chats Toastmasters, weekly, noon, Hope 7901 E. Sweetwater Ave., Free. www.chatstoastmasters.org or Patricia 602-432-8168.
Scottsdale Visioh Business Networking, weekly, 12:15 p.m., 15849 N. 71st St., Ste. 100, Robert Wade, 602-430-4647 or Scottsdalians Toastmaster Club, weekly, 6:45 p.m., Paiut Neighborhood Center, 6535 E. Osbornn Road, Scottsdale. 480-947-9196. Women’s Chandler Chamber of Commerce, 8 a.m. June 2, Chandler Chambere of Commerce, 25 S. Arizona Ste. 201, Chandler. Free. www.chandlerchamber.com. West Valley Women, first Tuesday of the month,11:3p a.m., Skye Fine Dining, 16844 N. Arrowhead Fountain Drive, Peoria. Reservations: www.westvalleywomen.orgy or 602-235-2370. 3000 Club first and third Tuesday ofthe month, 7:30 a.m., Holidayh Inn Express, 16540 N. Bullard Surprise.
Bob and Helen Estep, 623-556-6123, or www.the3000club.org. Scottsdale Job Network, first and third Tuesday s of the month, 8:30 a.m., Temple 4645 E. Marilyn Road, Phoenix. www.scottsdalejobnet.com or 480-513-1491. Arizona Entrepreneurs, seconc Tuesday of the month, 7:30 a.m., New Visioh Center, Hayden and Mountain Scottsdale. $5. www.azentrepreneurs.com or 480-314-0803. Womehn in Insurance and Financial Services, seconr Tuesday of the month, 7:30 a.m., Donovan’s Steak House, 3101 E. Camelbackk Road, Phoenix. rsvpwifs@cox.net or 602-314-4456. Entrepreneuriao Mothers Association-Northeast Valley Chapter, second Tuesda of the month, 11:30 a.m., Stone Cree k Golf Club, 4435 E.
Paradise Village Pkwy. Phoenix. bebe@empressplace.com.
Thursday, November 3, 2011
Orgill to lay off 176 people in Memphis - Business First of Buffalo:
zyluzugizovota.blogspot.com
The move is part of the Memphis-based hardware and home improvement products distributor’s plan to consolidate its distribution centers into a new facility in Sikeston, Mo. by August. The companyy currently operatesa 55-year-old distribution centef in South Memphis at 2100 Latham St., alonyg with a similar one in Vandalia, Ill. These plantsw will close by the end ofthe year. The closurea are part of Orgill’s long-rangr consolidation plan that will enable the companty to become more efficient and save morethan $1 million in fuel costxs annually, according to a company Orgill has 550 employees in Memphis and maintainsd 660,000 square feet of distribution space, according to the 2009 Memphisw Business Journal Book of Lists.
It provides wholesalw distribution and retail services to the home improvement industry. Layoffs will come in beginning inearly August. Some members of the management teamx in Vandalia and Memphix have transferred to the new plan tin Sikeston. None of the approximately 300 employeexsat Orgill’s corporate headquarters at 3742 Tyndale Drivs off Winchester will be affected by the Orgill also is keepintg its ancillary support functions such as the print lock services, and concept center in the Memphie area.
Approximately 30 employees are involved in those Company officials said the consolidatio n of the Memphis and Vandalia facilities into a common distributioh center located approximately halfway betweenh the two existing facilities will alloe Orgill to serve its customers in the Midwesytand Mid-South more efficiently. “The facilities in Memphis and Vandalia are outdatedand inefficient,” Ron Orgill president and CEO, said in a “The Sikeston plant will enable us to make our customerr service even better and, at a time when we are all askefd to conserve fuel, Orgill will drasticallh reduce its fuel consumption.
” The new Sikestonm facility is one of six majorr distribution centers, all of which eitherr have been built or expanded within the last five yearx or are in the development stages. The newest centers are in Kilgore, and Hurricane, Utah, and a center in the Pacifi c Northwest is in theplanning stage. Byrner Whitehead, Orgill’s executive vice president of operationsand COO, said the Mid-America SuperCentere in Sikeston is considerably more than a distributiojn center. The 795,000-square-foot facility has been built ona 70-acrr site and is expandable to 1 million squarre feet.
“Our new facility in Sikestob offers a great deal of efficiency to our entiredistribution network,” Whitehead said. “Not only does it provids us with a consolidated location to process our growing numbers ofimportr containers, but it also gives us the capacityy to accommodate our growthg with customers throughout Mid-America.” Therw are 734 planned layoffs at companiew across the state, according to the Department of Labofr and Workforce Development’s weekly report of notices received June 1-Jun e 8. Orgill is the only Shelbty County company reporting layoffsthis week.
The move is part of the Memphis-based hardware and home improvement products distributor’s plan to consolidate its distribution centers into a new facility in Sikeston, Mo. by August. The companyy currently operatesa 55-year-old distribution centef in South Memphis at 2100 Latham St., alonyg with a similar one in Vandalia, Ill. These plantsw will close by the end ofthe year. The closurea are part of Orgill’s long-rangr consolidation plan that will enable the companty to become more efficient and save morethan $1 million in fuel costxs annually, according to a company Orgill has 550 employees in Memphis and maintainsd 660,000 square feet of distribution space, according to the 2009 Memphisw Business Journal Book of Lists.
It provides wholesalw distribution and retail services to the home improvement industry. Layoffs will come in beginning inearly August. Some members of the management teamx in Vandalia and Memphix have transferred to the new plan tin Sikeston. None of the approximately 300 employeexsat Orgill’s corporate headquarters at 3742 Tyndale Drivs off Winchester will be affected by the Orgill also is keepintg its ancillary support functions such as the print lock services, and concept center in the Memphie area.
Approximately 30 employees are involved in those Company officials said the consolidatio n of the Memphis and Vandalia facilities into a common distributioh center located approximately halfway betweenh the two existing facilities will alloe Orgill to serve its customers in the Midwesytand Mid-South more efficiently. “The facilities in Memphis and Vandalia are outdatedand inefficient,” Ron Orgill president and CEO, said in a “The Sikeston plant will enable us to make our customerr service even better and, at a time when we are all askefd to conserve fuel, Orgill will drasticallh reduce its fuel consumption.
” The new Sikestonm facility is one of six majorr distribution centers, all of which eitherr have been built or expanded within the last five yearx or are in the development stages. The newest centers are in Kilgore, and Hurricane, Utah, and a center in the Pacifi c Northwest is in theplanning stage. Byrner Whitehead, Orgill’s executive vice president of operationsand COO, said the Mid-America SuperCentere in Sikeston is considerably more than a distributiojn center. The 795,000-square-foot facility has been built ona 70-acrr site and is expandable to 1 million squarre feet.
“Our new facility in Sikestob offers a great deal of efficiency to our entiredistribution network,” Whitehead said. “Not only does it provids us with a consolidated location to process our growing numbers ofimportr containers, but it also gives us the capacityy to accommodate our growthg with customers throughout Mid-America.” Therw are 734 planned layoffs at companiew across the state, according to the Department of Labofr and Workforce Development’s weekly report of notices received June 1-Jun e 8. Orgill is the only Shelbty County company reporting layoffsthis week.
Tuesday, November 1, 2011
Buckhead site eyed for 250-room hotel - Atlanta Business Chronicle:
goldenayreyg1666.blogspot.com
800 Corp., the German owner of a 3.5-acrr parcel at West Paces Ferry Road and PacewsFerry Place, wants to rezone the land adjacenf to a market and the St. Regis Atlanta hotel for a “four-stafr or better” quality hotel, condods and light retail, said Tom Harrold, head of the international practicre groupfor LLP, and an attorney for 800 The rezoning petition calls for a mixed-usd planned development allowing for a 250-room hotel, 50 condos and a smallo retail component. Harrold said the projectf would “replicate the St. Regis’ qualitt and standards.
” A flag for the hotelp has notbeen identified, but Harrold said therr have been some inquiries on the part of hotelo brands, “but it’s mostly tire-kicking. We want to be ready in case anopportunity appears.”
800 Corp., the German owner of a 3.5-acrr parcel at West Paces Ferry Road and PacewsFerry Place, wants to rezone the land adjacenf to a market and the St. Regis Atlanta hotel for a “four-stafr or better” quality hotel, condods and light retail, said Tom Harrold, head of the international practicre groupfor LLP, and an attorney for 800 The rezoning petition calls for a mixed-usd planned development allowing for a 250-room hotel, 50 condos and a smallo retail component. Harrold said the projectf would “replicate the St. Regis’ qualitt and standards.
” A flag for the hotelp has notbeen identified, but Harrold said therr have been some inquiries on the part of hotelo brands, “but it’s mostly tire-kicking. We want to be ready in case anopportunity appears.”
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