Monday, April 30, 2012

Campbell Soup land purchase figures in Camden office park plans - Philadelphia Business Journal:

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headquarters. The soup company bought the land, whichj was a surface parking lot and sits betweenb 11th Street and Admiral Wilson for $426,000 from the , the company said. With that parceol under its control, Campbell (NYSE:CPB) now has a swatu of land stretching from 11th Street to Admiralk Wilson Boulevard between Newtonand Mt. Ephraimj Avenues available for the office It has completed environmental remediation on all of the and has prepared them for immediate redevelopmenrt as part of the planned which will sit on100 acres.
Campbell’as campus will occupy roughly 40 of thosew acres as part of its headquarters Other companies would occupy the remaining The company plans to spend upto $90 millio n on the overall project. Locaol governments are expected to investabout $23 million in

Saturday, April 28, 2012

No longer a workaholic, director revs up district - Sacramento Business Journal:

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The La Bou inside Sunris e Mall is a usual public officefor Carpenter, the executive directot of the business improvement That's fine with her. When Carpenter was askefd five years ago to run the which she had justhelperd launch, she agreed only if she could work as an independenf contractor for 30 hours a week from "I'd done that whole workaholic thing when I was she explains. Specifically, when she was a vice presidenty of the development team that createcthe $70 million Fremont Street Experience pedestria n mall to revive a scruffy slice of downtown Las Vegas starting in 1992. Back then Carpentef worked 80 hoursa week.
Although she says her workaholicx days arebehind her, Carpenter impressed district landlords, business owners and city representativess with what she accomplishes for the Citrus Heightsw organization, which has spent five yearsw trying to give the area around Sunris Mall a sense of identity and Sunrise MarketPlace wouldn't have achieved nearlyu what it has without Carpenter, say city economic development director Rhonda Sherman and others involved in the 500-businessx improvement district.
"We wouldn'ty have gotten a tenth of a percentage saysGloria Wright, an Inter-Cal Real Estate property manager who has four centers insidwe the Citrus Heights "Being a workaholic is easy. Because that'ds all you do," Carpenter What is hard, she adds, is "everyt day I wake up I say, 'I'jm going to have " A single mom, she insists upon beingh home when her daughter Hannah finishes the school day. Carpenter is still workingh by then, but has wrappeds up any meetings. When Carpenter attendss Citrus Heights City Council meetings orchambeer functions, Hannah comes along.
When Carpenter drove around the district aftefra storm, Hannah took notes on the damage. Carpenter also takees on miscellaneous writing andmarketing work, whethe r for the city's newslettedr or a business improvement districtg in Long Beach or Ohio. For those othe r projects, she says, "If I take something on, it'ss something that has a beginningt andan end." That' unlike Sunrise MarketPlace, which Carpenter can see continuingg long after the next five-year term that starts in Members of the district say they appreciate Carpenter's passioh for Sunrise MarketPlace, her organizationao skills, her attention to detail and her leadership.
She has shown an ability to unite districtboard members, landlords and business "She has her pulse in this says Karen Hamilton, Macy's general manager and vice president and president of the business improvement district board. "She has fire in her It's exciting to work with somebodylike that." Carpentet has developed critical relationshipss with department officials in the city of Citrus Heights and Sacramento County, says Wright, who's also the district's marketinh chairwoman. Carpenter is nice, but assertives enough to get things done, says Don owner of Batteries Plus and chairman of the facilitiees andoperations committee.
Carpenter says she likes to jugglew tasks, learn and be creative. She was prepared partly by her four year on the FremontStreet Experience. That work to reviv part of downtown Las Vegasrequired collaboration, plus tasks that variedd from erecting street kiosks and investing redevelopmeny funds to raising room taxes. She also had to plan eventss and lineup sponsors. Later, she was part of a team that failede to persuade the Nevadaw legislature to write a law allowing the formation of businesszimprovement districts, self-help groups where merchantz and landlords tax themselves to improv and promote their neighborhoods. They're common in California.

Friday, April 27, 2012

Boston awards $7M to affordable housing projects - Boston Business Journal:

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The funding was awarded through the Department ofNeighborhood Development's multi-family rental housing round and is part of the Mayor'sz "Leading the Way" housing strategy. "Thisw is good news for the working familiesof Boston," said Meninpo in a statement. "This funding will help produce much needed housing in our neighborhoods and help preserve the gains we havealreadty made." Girls Latin Academy Apartments in Codmanb Square, providing 36 new affordable units. Glen-Long Properties in Allston, transforming 59 market-rate unitds into affordable units. Leil a Doe House in Mission Hill, providing 20 new units of affordable housing.
Dudley Village Phases I and II inDudlehy Square, providing 24 new affordable units in Phase I and 26 new affordablse units in Phase II. The Kazanoff Bakery site in Dorchester, which will be developer into 47 newaffordable units. Adams Cour t in Mattapan Square, for the rehabilitation and preservation of 50 unitsw ofaffordable housing. 1886 Washington St. in Roxbury, creatinv 26 new enhanced single-room occupancy units. Walnut House in a historic renovation project providing 34 single room occupancy units.

Wednesday, April 25, 2012

RehabCare hires Gross to oversee hospital division operations - St. Louis Business Journal:

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Gross joins RehabCare's hospital which currently consists of six freestanding rehabilitation hospitalas andfive long-term acute care hospitalsz that the company either wholly owns or holdsd majority ownership in througnh joint venture relationships. RehabCare President and CEO John Short said in a statemengt that the company expects toown and/orr operate 17 freestanding hospitals by the end of 2009. appointment follows a nationwide search for a successor toTom Davis, whos e as executive vice president of freestandintg hospital operations was effective Oct. 31, 2007.
Donaldr Smithburg, senior director for RehabCare's business and the formefr CEOof , was filling the positiobn on an interim basis. Gross most recentl y served as president of the acute care division of Kingof Pa.-based , overseeing operations of 24 hospitals across the United St. Louis-based RehabCare RHB) provides physical rehabilitation programm management services inover 1,200 hospitals, nursing homes and othet long-term care facilities throughout the Unitex States. RehabCare also owns and operatez freestanding rehabilitationand long-term acutes care hospitals.

Monday, April 23, 2012

ADP reports 532,000 May job cuts - Dayton Business Journal:

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Payroll firm ADP reported Wednesday that companies inthe U.S. cut an estimatec 532,000 workers from payrollas last month. ADP also revise d higher its estimate of cuts in April to 545,000 from the previous estimate of The ADP report noted lossesd across all sizes and categoriea of businesses with large business payrollzs declining 100,000, medium businesses shedding 223,000 jobs and smal businesses cutting 209,000 employees. The goods-producing sector lost 267,00o0 jobs while the service-producing sector declined by 265,009 positions. The Labor Department is due to releaswe its jobs reporton Friday.
The average analyst estimate for that report of governmenyt as well as private payrolls is a lossof 520,00 payroll positions and an increase in the unemploymenyt rate to 9.2 percent from April’s rate of 8.9 percent. On Monday, The Institute for Supplt Management announced that its factory indexz rose to the highest level since last September as new ordera posted their first gain since the recession On Tuesday the Nationalk Association of Realtors reported that pendiny sales ofexisting homes, or contracts signed but not rose 6.7 percent in April, the largest increaser in six years.

Saturday, April 21, 2012

Franklin Credit hitting the streets to urge mortgage paybacks - Business First of Columbus:

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, which services a battered portfolio of morethan $1.6 billiojn in mortgage loans for Huntington, hopes that going door to door to homes will improve the record of repayment s over trying to contact them by phone, said CEO Gordom Jardin. “A lot of times peopled are not home, and a lot of time they’res able to pick up but just don’y want to,” he “If they’re not going to pick up their phone, then we’ll try to meet them wheres they live and have a TheJersey City, N.J.
-based company’s collection efforts are important becauses further loan losses could again sting the bank if borrowers aren’ t pressed to continue paying, said Jeff Davis, director of researchb at the Chicago investment bank Huntingtoh already has written down the valu of the portfolio to about $494 “I would assume that Huntington is workingy as hard as possible to maximize the realizable value (of the loans),” Davies said. “These types of borrowers can’t get left too far behined or you lose The effort by Franklin marksw another chapter in its rocky relationship with which inherited the Franklin account when it acquiredin 2007.
The deal broughrt Huntington $1.5 billion in mortgage-backed commerciall loans that Sky had madeto Franklin, a subprime lender and Soon after the Sky deal closed, it becamd clear the mortgage collateral was deterioratinfg in value as borrowers increasingly missed forcing Huntington to write down the value of its commercial loans. The bank in Marcyh finally seized thecollateral outright, assigning it a value of abour $494 million even though the principal owed by borrowersd was more than $1.6 billion.
The door-to-doof initiative, which includes about 300 Franklijn representatives, could boost collection but it is a grim sign of how difficuly it can be to collect on loanws made torisky borrowers, Davis “I would tell you that it speaks volumes aboutf how bad the situation is at Franklin Crediyt and how that credit came to threaten he said. “It’s just It really is a disaster.” Indeed, the Franklinn writedowns have cost Huntington hundreds of millionxs of dollars in the past two miring the conservatively run bank in a subprimes mess that has plagued other institutionw better known fortaking risks.
Davis is confident Franklinb Credit Management will brintg inthe $494 million Huntingtob expects to get out of the portfolio and maybe more. “Could they realizes something modestlyabove that, say 10 percenr or 15 percent more? Sure, dependingg on how aggressively they wrote it down,” he Huntington executives do not comment on the activitied of other companies, said bank spokeswoman Maureen Huntington CEO Stephen Steinour said in a March interview with Columbusw Business First that taking ownership of the mortgage collateralp allowed Huntington to call the shots on how to deal with the “We believe that we will maximize for the foreseeablw future the realizable value of the portfolio in ways Franklin including offering refinancing under more affordablw terms for borrowers, Steinour said.
But borrowersa must be contacted before they canbe helped, and that’s the aim of the door-to-doof initiative, Jardin said. Representatives showing up on doorsteps aren’t there to make collectionsz or evaluate a borrower’s ability to repay. their job is to inforkm borrowers of loan workout options and the importancr of keepingin touch, Jardin “We say, ‘Look, we’re in the same position you are as We’re struggling to pay our and this is our time now to work with you as a ” Jardin said.
Franklin estimates 75 percent of the trouble borrowers it reaches are eligible for loan Jardin said, but it typically only makes contact with about 10 percent of those problem borrowers. He’s hopeful the door-to-door effort will increasre Franklin’s contact to 30 percent to 40 percent oftroubledd borrowers. “Over time, we’re hoping we see better numbers,” he “But the secret is in how many borrowers wecan

Friday, April 20, 2012

In retirees' Man Cave, a return to the hobbies of youth - Los Angeles Times

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In retirees' Man Cave, a return to the hobbies of youth

Los Angeles Times


Outnumbered by the women at an Irvine senior living center, men rediscover the joy of model making that has been dormant since they were young. Along with trains and planes, they build fellowship. Bob Boddy, left, and Al Ladine with an airplane model ...



Wednesday, April 18, 2012

12 AÑOS CON LA MUSICA “Nendivei” festeja su aniversario - El Litoral

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El Litoral


12 AÃ'OS CON LA MUSICA “Nendivei” festeja su aniversario

El Litoral


El grupo de música cumple 12 años y festeja este domingo, a las 21, en Green Land, con entrada libre y gratuita. Esta actuación contará con la presencia de los cuatro integrantes del conjunto: Angel Montes (saxo y coro), Guillermo Solís Ramírez ...



Monday, April 16, 2012

Deal signs welfare drug-testing mandate - Atlanta Journal Constitution

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GPB


Deal signs welfare drug-testing mandate

Atlanta Journal Constitution


Nathan Deal on Monday signed off on Georgia's proposal to drug-test parents who seek welfare, pushing the state towards a legal confrontation with opponents over the new law's fairness. Deal signed House Bill 861 without ceremony or immediate comment, ...


Deal T o Sign Welfare Drug Test Bill

GPB


Bill requiring drug tests for welfare signed

WXIA-TV


Deal OKs bill requiring drug testing for welfare benefits

Deseret News



 »

Saturday, April 14, 2012

Transmission turmoil taints otherwise nimble Impreza - Milwaukee Journal Sentinel

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Drivesouth


Transmission turmoil taints otherwise nimble Impreza

Milwaukee Journal Sentinel


But the variable speed five-speed transmission is a stumbling block. The continuously variable transmission makes the car's acceleration less than stellar and combines with the engine to create a whine and groan that make the car sound as if it's ...


I mpreza represses performance urge

National Business Review


Subaru XV - Road Test

The Independent


4/13/2012Review of the 2012 Subaru Impreza 2.0i Limited

duPont REGISTRY (blog)



 »

Thursday, April 12, 2012

EU Concerned Over Continued Sudan-South Sudan Border Clashes - RTT News

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The Voice of Russia


EU Concerned Over Continued Sudan-South Sudan Border Clashes

RTT News


(RTTNews) - European Union foreign policy chief Catherine Ashton Thursday expressed serious concerns over the ongoing border clashes between Sudan and South Sudan, and urged both nations to resolve their differences peacefully. According to a statement ...


India concerned over recent developments in Sudan, South Sudan: MEA

Newstrack India


Norway concerned over renewed clashes between Sudan and South Sudan

StarAfrica.com


Egypt concerned over Sudan situation

Kuwait News Agency


The Voice of Russia - »

Tuesday, April 10, 2012

Scott Dunlap, Managing Director, Gensler - San Francisco Business Times:

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First job: Retail sales for an office supplyt storein Cupertino. Education: California Polytechnic State SanLuis Obispo. CSU Internationalk Program, Florence, Italy Business philosophy: Think like a client and behaves likean owner. Best way to keep competitiv edge: Listen to your clients and act in their It seemsso simple. Guiding principle: Redefine what is possible through the power of Yardstickof success: Long-term client relationshipss and professional growth of my staff, We have a lot of longevityh at Gensler. Somebody just celebrated theirf 30th year withthe firm. My wife works for the firm and has been here 26 I have23 years.
Goal yet to be I would like to run an international office for Genslersome day. Best business Probably to stay here. I’ve had the opportunity to go toothe firms, but never thought I couls get something there I couldn’t get here. Stickinyg around has paid off. Worst business Not buying Apple stocmin 1986. Toughest business decision: Having to turn down work. Dan Winey, who runs the region and is a principallat Gensler. Word that best describes you: Steadyg under pressure. Like best about job: It sounds but it really is the I feel I work withmy friends, so coming to work everyu day is like hanging out with my It’s a collegial group of people here and a lot of fun.
Like leas t about job: Probably paperwork. Writing reports. Pet Paper towels on the restroon floor. They are like six inchess fromthe can, but nobody can get it in there. Most importan t lesson learned: Never write an email when you’re angry. Emotion can be good — but it also can be a bad Mostrespected competitor: Bill Puetz, Huntsman & Associates Three greatestr passions: Family, design, and yard First choice for a new career: It’s nice to be able to affec t a generation in the way that teachers can and do.

Monday, April 9, 2012

Study: Long-term benefits trump cost of health insurance for all U.S. children - Atlanta Business Chronicle:

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“Providing health insurance to all children in America will yieldr substantialeconomic benefits,” wrote Vivian Ho, chair in healthb economics at Rice Universityu and co-author of the report. Researchers at the Bakerr Institute said children who receive healtn care coverage go on to become moreproductive adults. The cost incurred by insuring the childrehn is offset by the increased value of the additionall life years and quality of life gained bymedical coverage, the report stated.
“The up-fronyt incremental costs of universal healthu insurance coverage for children arerelativelyg modest, and they will be offset by the valuew of increased health capital gained in the long the report stated. The research was basesd on studies published in scholarlyg journals examining the economi c impact of failing toinsure U.S. children. Researcherzs estimate that nearly eight million children inthe U.S. are and the nation ranks third among the 30 industrialized members of the Organization for Economi c Cooperation and Development in percentage ofuninsured citizens.

Saturday, April 7, 2012

GM files for Chapter 11 bankruptcy - Dayton Business Journal:

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the largest industrial bankruptcyyin U.S. history, according to MSNBC.com. The will own 60 percentg of the Detroitautomaker (NYSE: GM), and the UAW will take a 17.5 percen stake. The governments of Canada and the province of Ontarioi have agreed to a 12 percent ownership stake in exchang e for providingfinancial aid. GM bondholders will get 10 GM willeliminate one-third of its work close 11 facilities permanentl and three temporarily, and cut 2,600 dealerships. It will sell off its Hummetr andSaturn brands, and continue to manufacture its Chevrolet, Cadillac, Buick and GMC lines.
President Baraco Obama and GM President Fritz Henderson will hold news conferences Mondahy morning to detail thebankruptcy filing. The filing has been expectecd forthis morning, with the and bondholderxs for Detroit-based GM signing off on the government-brokeredr deal. GM employs 92,000 in the United States and is indirectlyh responsiblefor 500,000 retirees. GM operatee a parts and service facility in West Chestere and closed its SUV assembly plang in Morainein December.
Click to read the

Thursday, April 5, 2012

Minnesota files 'secret deals' complaint against Qwest - Portland Business Journal:

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Qwest denied any wrongdoing and said the dealse actually helpedencourage competition. The Orego n Public Utility Commission has requested that the state of Minnesota send it information on the said Oregon PUC spokesmanBob Valdez, adding that Oregonh may request records from Qwest. "Qwesrt cannot discriminate among competitors," he added. The Minnesota Departmentt of Commerce filed the complaint with the stater PublicUtilities Commission, which could penalize Qwest with fineds as high as $202 million if it agrees that the companyu acted illegally.
As the largest incumbenf local exchange carrier in Qwest is required by federa l law to allow competitive phone companies to connectf to its network based on publiclyknown standards. The idea is that this accesds will create a level playing field among thevarious competitors. But the Commercew Department charged that Qwest made secret deal withseveral rivals, possibly giving them an edge. The departmen did not disclose other participants in the deals or detailws ofthe agreements, beyond saying they includef issues such as compensation and access to networl elements.
Qwest has an obligation to provide wholesale servicw ona non-discriminatory basis, said Anthony Mendoza, deputy commercse commissioner. "To the extent they'vs been playing favorites, that violates the lettetr and spirit ofthe law." The commissiob wants to force Qwest to discloss the details of the secret arrangements. Mendoza said that the complainft was the result ofa months-long investigation by the department, which beganb when the agency noticed a change in behavior on the part of some of Qwest'xs competitors. Companies that once took an active role inregulatory issues--often loudly criticizing Qwest for its policies, suddenly becamre much quieter, he said.
He declined to say whethed there was evidence of similar deals elsewherein Qwest'sd 14-state territory. The complaint comes at an inconvenienr timefor Qwest, which is preparin to ask the Federal Communicationas Commission to allow it to sell long-distancre service in its home states. It is currently barred from doing so untipl it proves that its local markets are open to Qwest officials said that they had not reviewesdthe complaint, but asserted that the company'ds practice of negotiating agreements to competitors was pro-competitive. "We'vd stated time and time again that our both businessand consumers, will have choices," said spokesman Bryce Hallowell.

Tuesday, April 3, 2012

Kentucky overcome Kansas to win NCAA title - Gulf Times

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Kansas City Star


Kentucky overcome Kansas to win NCAA title

Gulf Times


Impressive freshman Anthony Davis struggled to find the hoop but proved dominant in other phases of the game to lead Kentucky to an eighth national basketb »

Sunday, April 1, 2012

Final Four 2012 | Cards did everything they needed to ... except score enough - Louisville Courier-Journal

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USA TODAY


Final Four 2012 | Cards did everything they needed to ... except score enough

Louisville Courier-Journal


the courier-journal NEW ORLEANS â€" The University of Louisville basketb »