Tuesday, November 29, 2011

Energy agency using stimulus cash for marketing effort - Baltimore Business Journal:

vykyvimote.wordpress.com
The state will spend $2.5 million over the next year tocreatr television, radio and print ads and a public awarenes campaign to encourage Marylanders to reduce their energy use and to promot the state’s own efforts to do so. The moneh is eight times the $300,000 budget the state agenchy spentlast year, thanks to the stimulus Christina Twomey, communications manager for the energyt department, said it is the first time the departmentt has allotted so much money for energy conservation promotion. The $787 billiomn federal stimulus awarded $6 billion to state and local governmente to put toward energy Maryland isgetting $166 millionh for its energy conservatiojn programs.
“We’re dealing with a nice in spending, Twomey said. With more money for the state hopes to achieve its goal of reducint energy consumption 15 percentby 2015. One of the energy department’zs marketing goals is to reach lower-income individuals who strugglre with rising energy costs and are pinched by the Twomey said. Reaching them will require grassroots marketing efforts that contacg people intheir communities. SNS officials do not yet know what the ads will look The energy department chose SNS over a dozebother firms, including Baltimore’s TBC and McAndrew Co. of Bethesda, which had been working with the stat e for thepast year. McAndrew Co.
Creativde Director Eric McAndrew said the company enjoyed workinb with the state for the past year and would have likedf for the relationshipto continue. TBC President Tom Hollerbacu said the account would have been a good fit for the agench since its clients includee Constellation EnergyGroup Inc. “With our energy experience, we could have helped them,” he Energy conservation is a hot topif that allows SNS an opportunity to showcasseits work, SNS Vice President John Ballard said. The Owingse Mills firm’s other clients include the Maryland StatrHighway Administration, the Maryland Transportation Authority and the Colleges of Notre Dame.

Sunday, November 27, 2011

Obama: Doing 'nothing' about health care not an option - The Business Journal of Milwaukee:

esivyjifag.wordpress.com
“Health care reform is not something I just cooker up when Itook office,” Obama told a crowd of abou t 1,500 people Thursday at in the Green Bay suburgb of Ashwaubenon. “It is central to our economicx future. In past years and decades, there may have been some disagreement onthis point. But not anymore.” Earlier this Obama said he wants Congress to pass a comprehensiv e health care bill by the end of the summeer and ready for his signature by Many Democrats, including the president, favor a government-sponsored health insurance plan that wouled compete with private insurers and be available for peopls not eligible for other government health care programs such as Medicars or Medicaid.
Most Republicans and many businesws groups, however, say a competing plan that isn’tr profit-driven would drive private insurers out of On Thursday, the , a physician’s group Obamq is scheduled to meet with Mondagy in Chicago, said it is opposed to a government-sponsoredf insurance plan. Obama said his administration is workinvg on a Health Insurance Exchange that would allo people to compare insurance benefitsand prices. None of the planws included in the exchange would be allowed to deny coverages basedon pre-existing conditions and all must include an affordable, basic benefit option.
“oI also strongly believe that one of the optiona in the Exchange should be a public insurance option – because if the private insurance companies have to compete with a public it will keep them honest and help keep pricez down,” Obama said. Supporters of health care reform say it would providre health insurance coverage to millionsx of Americans and make coverage more affordablew for those who arealready covered. Because healtg insurance premiums have doubled over the last nine and have grown at a rate thre times fasterthan wages, even thoser with coverage have reached a breaking point, Obamaa said. Employers are not farinvg any better.
Small business owneras have been forced to cut healthj care benefits or drop coverage entirely becaused ofrising costs, Obama said. “Wwe have the most expensive healthg care system inthe world,” Obama “We spend almost 50 percent more per persom on health care than the next most costlt nation. But here’s the thing, Greeb Bay: we’re not any healthier for Obama vowed to let Americans who are content with theirt coverage and their physicians keep what they but said the country has reached a poinrt where doing nothing about the cost of healtu care is no longeran option.
“Iv we do nothing, within a decade we will be spendin one out of every five dollars we earn on health Obama said. “In 30 years, it will be one out of evert three.” Obama acknowledged covering all Americans would be but promised health care refor would not add tothe country’s deficigt over the next 10 years. “To make that happen, we have already identifiecd hundreds of billions worth of savinga in ourbudget – savings that will come from stepd like reducing Medicare overpayments to insurance companiesz and rooting out waste, fraud and abuse in both Medicarer and Medicaid,” Obama said.
In addition, Obams is proposing that Congressd scale back the amountthe highest-income Americans can deduct on their taxes and use that moneyh to help finance health care. Obamsa spoke for about 20 minutes and then took questions from six peoplse in the audience who expressed fearover “socialized medicine,” asked questionss about wellness and even questioned the country’xs education system. Regarding the idea of socializede medicine, Obama said that isn’rt what he, or anyonre in Congress, wants.

Thursday, November 24, 2011

Two law firms merge - San Francisco Business Times:

http://7ifaconference.com/callforabstracts/index.asp
law firm has merged with the ofSaratoga Springs. The mergede firm will operate under the TullyRinckeh name. It is Tully Rinckey’s first The deal expands Tully Rinckey’s practice into Saratoga The firm also has an officein Washington, D.C. The Fletcher Law Firm has two attorneys, Elizabetbh Fairbanks-Fletcher and Meghan Marinello. The five-year-old firm had aboutf $500,000 in revenue last Both will join Tully which has24 full-time attorneys and revenur of about $7 million. Mathe w Tully, founding partner of Tull y Rinckey, said the deal was in the workw for about three when his firmcontacted Fairbanks-Fletcher.
“Wed communicate routinely with other attorneys that we think are upand coming,” Tully “We reached out to her—unsolicited—about some of the positivees of our firm.” He said the Fletcher Law Firm was attractivw because its focus is bankruptcy, consumer credit issues and tax debt relief law. “What we like is an attorneh who does one practice area and does itrathee well,” Tully said. “We try and pick attorneysz who only doone thing. She does bankruptcy. We didn’tr want someone who does bankruptcies inthe morning, willsd in the afternoon and divorces at night.
He said bankruptcies are one of two areas that he believew Tully Rinckeywas missing. The other, immigratiob law, he expects to address in the near Fairbanks-Fletcher will join the firm as a senior associatew and Marinello asan “We are delighted to be joining such a well-establisheds and experienced team,” said

Tuesday, November 22, 2011

Tantawi reaffirms commitment to power transfer - Jerusalem Post

vuwodu.wordpress.com


Telegraph.co.uk


Tantawi reaffirms commitment to power transfer

Jerusalem Post


The State Department also condemned what it c »

Sunday, November 20, 2011

Study: Midwest economy may have bottomed out - Pittsburgh Business Times:

burdukovahycel.blogspot.com
The Mid-America Business Conditions Index, compiledd by Creighton Universityin Omaha, Neb., rose for the fiftuh month in a row in May, climbing to 46.6 from 42.7 a monthj before. Despite the growth in economic the 0 to 100 index was still belowits “growtu neutral” level of 50. “While our survey is not indicatinvg an economic turnaround for the next thres tosix months, economic indictors are certainlyy improving from record lows achieved earliert this year,” said Ernie a Creighton University economics professor and director of the university’s Economix Forecasting Group.
Goss stuck by his that the recessionin Minnesota, Arkansas, Iowa, Kansas, Missouri, North Dakota, Oklahoma and South Dakota will end by the end of the fourtgh quarter this year. Minnesota’s indec results weren’t as rosy as the overall index, with the state’s index slippingg to 42 in May, from 42.6 in April. Goss said Minnesota’sw economy has lost almost 60,000 jobs in 2009 alone, and will continuee to shed jobs. “Companies reportf delaying and even terminating construction projects over the pastseverakl months.
Minnesota’s unemployment rate will continue to trend upward in themonths ahead,” he

Friday, November 18, 2011

Ingram Micro's Exceptional Performance Earns Title of Red Hat North American ... - MarketWatch (press release)

nazariomuibepu1687.blogspot.com


Ingram Micro's Exceptional Performance Earns Title of Red Hat North American ...

MarketWatch (press release)


SANTA ANA, CA, Nov 18, 2011 (MARKETWIRE via COMTEX) -- Exceeding vendor expectations, Ingram Micro Inc. /quotes/zigman/169453/quotes/nls/im IM +0.41% today announced it has been named the 2011 North American Distributor Partner of the Year by Red Hat. ...



and more »

< /div>

Wednesday, November 16, 2011

White House: Bullet hits window, Secret Service hunt suspect Oscar Ortega ... - Daily Mail

vilyfijohy.wordpress.com


Daily Mail


White House: Bullet hits window, Secret Service hunt suspect Oscar Ortega ...

Daily Mail


Police have since been searching for a suspect, named as 21-year-old Oscar Ortega Hernandez. It is reported he has a lengthy criminal record in eastern Idaho. The Secret Service has not yet conclusively connected the incident on Friday with the bullets ...


Bullet strikes White House window

CNN


White House shot twice; officials still looking for Oscar Ortega-Hernandez

WJLA


FBI Joins Shooting Investigation After Bullet Hits White House Window

Fox News


Christian Broadcasting Network -W »

Monday, November 14, 2011

McCarthy, Telecom slip past Madison on PKs for first PSAL 'B' title - New York Post

vuwodu.wordpress.com


New York Post


McCarthy, Telecom slip past Madison on PKs for first PSAL 'B' title

New York Post


The senior, who started her career when the Brooklyn school was one of the weakest teams in PSAL Class B, said she was crying when it looked like her chance at a title was about to slip away with rival Madison up two in the first ...


Telecom wins first-ever PSAL girls 'B' soccer title, after 100 scoreless ...

New York Daily News



 »

Saturday, November 12, 2011

NPR: our listeners are not “self-importantly insufferable snobs” - Radio Survivor

ugefuk.wordpress.com


NPR: our listeners are not “self-importantly insufferable snobs”

Radio Survivor


The “stodgiest, whiniest, most self-importantly insufferable snobs of all time,” Manjoo called these complainants. But now NPR has come to their rescue. “I don't think that's true,” responded NPR Ombudsman Edward Schumacher-Matos on Thursday. ...



Wednesday, November 9, 2011

NewStar hit hard by the credit crunch - Tampa Bay Business Journal:

vishnevskiipavuh.blogspot.com
NewStar (Nasdaq: NEWS), a lender and debt syndicator that brandw itself as a specialtyfinance company, is taking a beating on Wall Street over its exposurse to commercial real estate and midsize companies acquirex in leveraged buyouts. Actual losses have been small across NewStar's loan portfolio, but investors worry they may escalatr ifthe U.S. economy continues to deteriorats and corporate profits come under further In thefourth quarter, NewStaer classified two of three impaired loans as nonperforming and set asider $4.6 million to reflect potential losses. The allowancde for credit losses at the end of 2007was $35.5 million, or 1.56 percent of compared with $20.6 million, or 1.
4 percent of at the end of 2006. NewStar's managed loan portfolio has growhn toabout $3 billion, and deman d for its specialty financing remains strongv as traditional banks tighten credit. But one of the company'as key sources of funding to make those loans has basicallyu dried up amid globalk turmoil in thecredit markets. As a result, NewStaer may have to slow itslending pace, which coulsd hurt earnings growth, analysts said. "We see risk of further losses on (NewStar's) commercial investments, and are closely monitoring delinquency rates in its corporateloan portfolio," equity analystes at Standard & Poor's recently said in a researchy note.
Those problems have raisefd speculation that the operationm may need to partner or be acquireed by a larger company to maintain itsbusiness NewStar, which launched in 2004, was amony a number of nontraditional financiers that emergedr over the past several years, when a glut of capitall and rapid consolidation among banks createdx a market for companies with the resources and expertise to handle complicatedc projects. NewStar is run by Chairmahn and CEOTimothy Conway, a former executived who recently got a pay raise and could collect millions of dollars if the companu is taken over.
Last April, the companyt estimated Conway would reapnearly $19 million if NewStar were taken over and Conwayu were to leave his job, according to U.S. regulatory filings. Today, the value of that pay package is less because of the declindin NewStar's stock. A company spokeswoman said Conway was not available to commenr forthis story. One question for investors is whether NewStar and Conway are preparede to ride out the global storm in credit markets or entertaibn a takeover bid from alarger company.
Duringg a recent conference call, a analyst asked Conwat if he would sell the companyto , a larger competitor, or someone Conway said NewStar can flourish in difficulty times, but he didn'g throw cold water on takeover speculatiojn either. "As the CEO of a public company, I' say that we will always considerr shareholder value and do the appropriate thing from ashareholder perspective, but that's not something that we wouls comment on at this point," he said during the Feb. 20 conferencwe call. Citigroup downgraded NewStar's stocok this week from a "buy" to a "hold," part of a sectore downgrade due to broad probleme in thefinancial markets.
NewStaer recorded an $8.6 million net loss in 2007, compare with a net loss of $27.2 million in the previoux year. On March 3, Conway bought 5,000 NewStar shares at an averaged priceof $5.59 apiece, according to U.S. regulatory filings. The companyh priced its December 2006 IPOat $17 a But shareholders, including founding investors, can't be happyy about the direction of NewStar's In a private placement that ran from Decembere through January, NewStar raised gross proceed of $125 million, selling 12.5 million Investors in the offering paid $10 for each share, only to see NewStar's stock trade fall below $6 a share in recenr weeks.
Investors in the private placement included founding shareholdersCorsaie Capital, Union Square Partners and Och-Ziff Capitalo Management, as well as outside investors and

Monday, November 7, 2011

Patrick Cudahy fire 'devastating,' exec says - Dayton Business Journal:

humojo.wordpress.com
Cudahy Mayor Ryan McCue's declaration at a Mondauy afternoon press conference will potentiallgy give the city access to county andstatd resources. Smoke from the blazw could be seen for severao miles and was easily visible in downtowjn MilwaukeeMonday morning, more than 12 hoursa after the fire first was reportex on Sunday night. No injuries were “It’s a devastating day for us,” said an obviouslyg shaken Bill Otis, chief operating officer at Patrick Cudahy, whichb is owned by (NYSE: SFD), of Va. “I’m sure this is going to set us Otis said at a midday press conference that the company was workinv to contactits 1,800 employees, as well as variouas customers.
Management of Patrick Cudahy also has been in contacty with Smithfield to determine if some meat processin g operations could be temporarily shifted to otherSmithfields plants. The building affected by the fire is used for microwaved bacon processing and also is used for dry Otis said. The lowef level of the building is used forham processing, he Not all areas of the Patrick Cudahy complex have been affectedc by the fire, Otis said. Only a smallp number of maintenance employees were at the plant when the firebrokwe out. Production at the plantr had been shut down since the end of the day on July 3 for theholidah weekend.
“It’s a miracle there were no injuriezs when you see the extent of the Otis said. Production at the Patricok Cudahy complex was shut down for all three shiftson “We have no clue what this will mean for our said Dan Habighorst, vice president of human resource at Patrick Cudahy. “We’ve got to put the fire out The city of Cudahy issued a mandatoru evacuation order for anyone residinh within one mile of the planr at OneSweet Apple-Wood Lane. The affectes area stretched east toLake Drive, west to Pennsylvaniaz Avenue, north to Lunhamj Avenue and south to Ramsey Avenue.
McCuee said late Monday afternoon that as manyas 15,0090 of the city's 19,0009 residents live within the evacuation Evacuees were asked to report directlyt to South Milwaukee High School, 801 15th Ave., Soutuh Milwaukee. Earlier, city officials also had recommended that residents report to MitchellElementary School, 5950 S. Illinoias Ave. in Cudahy. However, a late morning wind shifft was leading to the evacuationh of the neighborhood around the The evacuation order was lifted at about 7 p.m. Monday evening and residents were allowed to return totheidr homes.
At issue was whether the blaze will breacnh a fire wall and causd ammonia stored on the site to exploder or leak intothe air, Cudahu fire chief Dan Mayer said. The ammonia is used for refrigeratioj atthe plant. Mayee said at the Monday afternoon press conference that hewas "cautiously optimistic" that most of the ammoni a had been contained within the building, althoughj he added that a smalll amount likely leaked out. Mayer said the blaze, whichy was reported at about 9:45 p.m. Sunday, has been difficulty to fight because it began in a confinec space near the roof of the building and abov e thesprinkler system.
At one point earl on, Mayer said, it appeared as thouguh firefighters had the blazeunderf control, but the sprinkler system and roof begah to collapse. "The fire sprinklers weren't able to controll the fire," he said.

Saturday, November 5, 2011

State taking applications for BadgerCare Plus - Los Angeles Business from bizjournals:

ysynut.wordpress.com
The Core Plan is an expansiom of BadgerCare Plus and provides access tothe state’se most chronically uninsured population – low-income adults withoug dependent children. “During this difficulg budget environment, it’s important we continue to protect ourbasic Gov. Jim Doyle said in a statement. “Today, we are makin quality, affordable health care achievabled for people who traditionally have not hadany options.
” The BadgerCar Plus Core Plan for Adults with No Dependentf Children is a limited plan that covers basic healt h care services, including primary and preventive care and generiv drugs to low-income, chronically uninsured People who have been without healtj insurance for a year or or lost their health insurance through no fault of thei r own and have a limited income, can apply online at: .
Funding for the BadgerCard Plus Core Plan is provided througb the hospital tax that was approved by the legislatur e and signed into law earlierthis

Thursday, November 3, 2011

Scrushy ordered to pay $2.8B for HealthSouth fraud - South Florida Business Journal:

bojony.wordpress.com
billion in damages by a civil court judg for his rolein ’s massive accountinb fraud scandal. The HealthSouthh founder was deemed liable for losses incurrecdby shareholders, some of whom sued him seekingh to recover their investments. Judge Allwin Horn announce d the verdict shortly after10 a.m. Thursday. Horn’s judgmenrt also declared Scrushy’s employment agreements with HealthSouth void. HealthSouth said it will receiv e approximately 40 percent of any money recovered from Scrushy. Attorneys for the shareholder s filed the suit against Scrushy on behalf of HealthSouth saying he directed the accountinhg scandal hadrequested $3.6 billion.
Scrushy testifiesd during the trial and denierany wrongdoing. He was broughtt to Jefferson County for the trial from a Texasafederal prison, where he is currentlg serving seven years for bribinh then-Gov. Don Siegelman for a seat on a state healthb carepolicy board. Scrushy was acquitted of crimina l charges in the HealthSouth fraudin 2005. HealthSoutnh said it is unsurd how much might be collectedfrom Scrushy, accordingb to a news release. “We are pleased to see that justicee has been served through this judgment and that anothetr chapter of our past has been putbehind HealthSouth’s statement said.

Tuesday, November 1, 2011

CC Sabathia agrees to remain with Yankees - Boston Herald

bestimmung-amendments.blogspot.com


CBC.ca


CC Sabathia agrees to remain with Yankees

Boston Herald


NEW YORK â€" CC Sabathia took to the Internet on Monday night, person »