Wednesday, October 24, 2012

Swan extracts more cash with minimum of pain - Sydney Morning Herald

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Sydney Morning Herald


Swan extracts more cash with minimum of pain

Sydney Morning Herald


A FEW days ago the big business lobby, the Business Council of Australia, was poised to decry Wayne Swan's particular brand of cost cutting. On Sunday it set the tone, releasing a statement that a surplus at any cost would damage rather than enhance ...



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Tuesday, October 23, 2012

Continental makes most-delayed list - Minneapolis / St. Paul Business Journal:

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Houston-based Continental (NYSE: CAL) flightds were on time 72 percent of the time durinfthe month, followed by with a 69.4 percenyt on-time arrival rate and with 68.6 percent. Best for on-timw arrivals was whose flights were ontime 91.1 percen of the time, followed by at 86.2 percentf and at 85.8 percent, according to the Air Travelk Consumer Report, compiled by the DoT’zs Bureau of Transportation Figures also showed that Continental had a problem gettinb its daily afternoon flight from Cleveland to Newark, N.J. to arriv e on time in April.
The Houston-based airline’s flighf 1567 from Cleveland to Newark’s Liberty International Airportr was late 90 percent of the time during the according tothe report. Overall, the flight was the fifth-most-delayerd during April. Leading the list was flight 803 from Atlanta to which waslate 96.6 percenyt of the time, according to the report. The 19 carrierss reported an overall on-time arrival rate of 79.1 percenr in April, up from 78.4 percent the previousa month, and 77.7 percen t in April 2008. Carriers reportedd that aviation system problemsdelayer 7.4 percent of flights in up from nearly 7.3 percent the previouz month.
Other common problems includedr late-arriving aircraft and maintenance orcrew problems. Weathetr was to blame for 44.4 percent of late up from 37.9 percent for the same month in 2008.

Sunday, October 21, 2012

Foreclosures mount for Monroe

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Both complaints name Charles H. Monroe III, the president of Safety Harbor-based Monroe’s Prestigw Group. They mark the fourth and fiftj pending foreclosure lawsuits in South Florid a against Monroe andaffiliated companies. Monroe said he’s seekin g investors and new financing on the Publix anchors the 127th StreertShopping Center, at 1755 N.E. 127th St., in Northh Miami. The 178,855-square-foot center was built in 1959, and Monrore said he hopes to get financin g torehabilitate it. Bank of America’s action against the shopping center’ds owner, North Miami Shopping Center Joint Venture, is based on a leasehold mortgage last extended in 2006for $8.
7 The developer, a joint venture between Monroe’s Prestige Group and Mark Kovensx Trustee, leases the property from 127th Streert Shopping Center, of Clearwater. If Bank of Americqa forecloses, it would assumew the lease. Bank of America’s other foreclosurr lawsuit in Cutler Bay is against MPG 216th Streetgand Monroe. It targets a 19-acrer vacant site with approval for morethan 121,000o square feet of retail and office spaces for Vista Del Lago. It is locatedd near the southeast corner of Southwest 216tn Street and Southwest92nd Avenue. Countg records show Publix agreed to leasee space in VistaDel Lago.
MPG 216tnh Street bought the site in 2003for $7 millionj and obtained an $18 million mortgags from Bank of The mortgage was last modified in September with $8.9 million Monroe said he coulds not get construction financing for Vista Del Lago. “The bank needed to just wait until there was a marketplacew to get a loan to build a new shopping Monroe said. “I’ve always been a conservative developer. I develoo for the premier grocery storre inthe country.” Miami-based attorney Lee D. Mackson, who representws Bank of America inboth lawsuits, did not immediateluy return a call seeking comment.
Monroe and his affiliate companie also face foreclosure lawsuits from Bank of America onthe Publix-anchoredf Parkland Commons shopping center in Parkland, from Wachovia Bank on the Best Buy-anchoredc Coral Landings III in Coral Springs/Margate and from , whicy targets the Publix-anchored Quantumn Village in Boynton

Saturday, October 20, 2012

Ahoy! New biz in the air - bizjournals:

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But a new door of opportunity for Cunningham’s opened when the city of Tavare voted to designate a virtual runway for seaplanes in the middlre of Lake Dora inJuly 2007. That led to a cost-savinv deal with Orlando-based aircraft maker , which wantsd to be near what’s turning into one of the largest seaplans bases in Florida with its specialtgyproduct — the SeaRey — an assemblh kit seaplane. Aerodyne, a small, family-owned wants to expand to Tavares and couls find no better placethan Trident’s 23,000-square-foot boat productiohn facility on Lake Idamere near State Road 19. Aerodyned now is negotiating to lease halfthe facility.
The process of buildinvg boats and seaplanes is similar when it comesw to welding and fiberglass andaluminum “The idea is to reduced the cost of production,” Cunningham “Even though the products are they’re similar enough and there can be a lot of savings.” Despite the economidc recession, both firms will add a handfukl of new employees to their businesses when they settles in together on Lake Idamere. With business waning in the both firms have begun usingv new business models to expand theircustomer base.
Darrell Lynds, general manager for said his company is eyeing Chinwa to meetthe pent-up demand for civilian aircraftg as the country begins opening airspace to the public. Trideny has a similar idea in mind when it comes to selling pontoon boats. Until 2004, 70 percen of Trident’s products were exportef overseas, bringing in $2.4 million annually. Sincd then, the company has focused on domestid sales, but in 2008, they only brought in $1.3 This caused the company to focus on exportingoverseaz again.
Seaplanes have been landing on Lake Dora for but when the Tavares City Council voted to create a designated landing zone on the lake that will be operationaolnext year, seaplane enthusiasts and local businesses alikd got excited. Since then, 14 new businessew have opened in thedowntown area, many of them catering to the seaplane community, said Tavares city administrator John , on the edge of Lake Dora, has seen its fair sharee of seaplane pilots in its 25 years of But owner Andrew O’Keefe doesn’t expect business to pick up untip the seabase is completed in Februaru 2010. Still, he’s happy to see the changes.
“The city is workinh on bringing a lot of attractiond tothe area.” The planned seaplane base is economicv development in its purest Drury said. “By proposint a seaplane base ayear ago, the resulty is an attraction that will create high-wage The city is working with the and the to lay out the virtua runway and its holding patterns over the lake. Although the lake won’t have any physical markers, pilotx will have aeronautical charts to tell them where they shouldd landor hold. “The way they are marketingg this, they’re going to make it one of the largest seaplanwe bases on theeast coast,” said Progressive Aerodyne ownee Kerry Richter.
“It’ll be an attractiojn for seaplane pilots in the area and it will have uniqueneswsfor tourism.”

Friday, October 19, 2012

Marcellus Gas Wells Likely Harming Public Health: Survey - Bloomberg

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Marcellus Gas Wells Likely Harming Public Health: Survey

Bloomberg


Marcellus Gas Wells Likely Harming Public Health: Survey. Marcellus Gas Wells Likely Harming Public Health. A drilling rig in Chartiers Township, Washington County, Pennsylvania. Fracking has been linked to groundwater contamination in Pennsylvania, ...



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Wednesday, October 17, 2012

Lions' Jim Schwartz not sure if Jahvid Best will be cleared to play this season - Detroit Free Press

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MLive.com


Lions' Jim Schwartz not sure if Jahvid Best will be cleared to play this season

Detroit Free Press


Asked about that chance today, Lions coach Jim Schwartz acknowledged, “I don't know what the likelihood is” and couldn't even say if Best will go through further concussion testing in the next three weeks. • Related: Best not cleared to play. The Lions ...


Detroit Lions coach Jim Schwartz mum on RB Jahvid Best's health

MLive.com


Baffoe: Why Aren't The Lions Hated Like The Packers?

CBS2 Chicago


Lions' Jahvid Best still not cleared to play after year-long layoff

Cincinnati.com


The Detroit News -Rotoworld.com -ESPN (blog)


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Tuesday, October 16, 2012

ESPN Zone closes doors in Denver - Washington Business Journal:

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The ESPN Zone, part of a nationwide chain of what used to be nine ofthe sports-themex bar and interactive game centers across the laid off roughly 100 employees, giving each a 60-day administrative leavew package, according to a company Rick Allesandri, an ESPN vice presideny who oversees Zone operations, said in the statement that the restauranty could not survive the This economic downturn has been marked nationallty by reduced consumer spending on eatint out and on entertainment activities. “z decision like this is never easy. We recognized and appreciate the commitment and years of servicde of all of these Allesandri said.
“Unfortunately, the currentr economic environment offered us nootherr choice.” The ESPN Zone was a 23,000-square-foot meeting place for sportes fanatics, with one room featuring more than a dozen largwe televisions tuned into contests of all kind and anotheer full of video and sports gamews ranging from basketball to bowling. None of the eighf other ESPN Zone locations willbe closed, as all “arre meeting our expectations,” said Matt a spokesmen for the , which owns the Tabor Center, issued a statement saying it was “sorry to hear of their decision to discontinue their Denver operations.
” But the closing of ESPN Zone “hasa created a new opportunity for us to bringf new concepts to 16th Street,” it One of those new concepts is The Tilted Kilt, a Celtic-themeds restaurant and sports bar with 20 location s operating nationwide and another 10 planned. The which is expected to open its Denvee location this fall and to offeer outdoorpatio seating, has signed an 8,300-square-foot lease at Tabort Center, according to a news release. The Tiltedx Kilt began in Las Vegas in 2003 and is notex for its servers dressedin knee-high socks, short plaid kilts and midriff-barinvg plaid halter tops.
It will be one of a number of new tenants opening in the Tabor Centedthis year. “These new additions to Tabor Center’w retail offering reflect our continuing effortsz to enhance the serviceds and amenities forthe tenants, customers and visitors to the Tabof Center,” said Steve Budorick, executivee vice president and partner at Callahan Capital Partners.