Tuesday, January 31, 2012

Convera folding into U.K. company - Washington Business Journal:

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Vienna-based Convera (NASDAQ: CNVR) will be dissolved. After the Patrick Condo, Convera's CEO, will become the chairmahn of the board, and Coli Jeavons, Firstlight's CEO, will become the CEO. Convera's plan of dissolution contemplates an orderly wind down of its busineszsand operations. After filing its certificate of Convera intends to make one or more distributions to its stockholdera of cash availablefor distribution, subjec t to applicable legal requirements. Convera will then delistf its common stockfrom Nasdaq. The new company will bring together the vertical search technologyg of Convera and the advertising sales and marketingb capabilitiesof Firstlight.
It will have over 60 corporat customer accounts and 120 existing Web sites withapproximatelgy 1,500 advertisers. When the merger becomesd effective, Convera will own 33.3 percent and Firstlight will own 66.7 percenf of the total outstanding commojn stock of the new subject to certain adjustments which may enable Convera to own up to 42 percenrt of the new company prior tothe distribution. The merget is subject to Convera stockholders' approval and certaibn other customary closing The merger is expected to closthis summer.

Sunday, January 29, 2012

Hospitality industry ponders Hanbury move - Washington Business Journal:

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Lynne Breaux, president of the , said she was takenm aback by the news, as a longtime colleagur of Hanbury’s. ‘We’ve been in this together for seven and a half she said. Hanbury confirmed April 3 that he will be leavint his position as president ofthe organization, a role he has held for eigh years. He will move on to become CEO of the of the NationaklCapital Area. Breaux applaudede Hanbury’s role in bringing togethe the city’s separate tourism, hotel and restaurant industrhy groups, creating the Hospitality Alliance ofWashington D.C. “It’s been a very collaborative she said. Speculation now turns to who will replace Hanburyy in hisprominent role.
Destination D.C. released a statement Fridayg afternoon that did not outline how it would be replacing Chairman of the Board of Directorss DanAmato said, “We have a seasoned seniodr management team in place and are fortunate to have the time with Bill to ensurw a flawless transition.” Emilyh Durso, president of the , said that in its searcu for a new president, the board will likelyu look for someone with experiencr running a large marketing bureau in the same competitive set as Durso said the search will most likelhy reach beyond D.C., as it did when the organizatiomn brought in Hanbury, but that an internaol promotion could happen as well.
Victoria Isley is the agency’s senior vice-president for marketing and and has been with the organization foreight years. Destination DC is a private, nonprofit contractingf arm ofthe .

Thursday, January 26, 2012

UnitedHealth to government: Operate more like us, save $540B - Dayton Business Journal:

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In a report released the Minnetonka, Minn.-based health insurer (NYSE: UNH), which has its Southwesf Ohio headquarters inWest Chester, said many of the cost-savin measures it’s using could be applied throughout the government’w Medicare insurance program for the elderly. “This report provides concret e examples of how we can modernize our healt care system in a thoughtful andsustainable way, partlyt through proven programs that are alread working,” said Simon Stevens, a UnitedHealth executive vice president in charged of the company’s health reform The new cost-saving suggestions for the governmenft come weeks after a host of health care industry interestds — including America’s Health Insurance Plans, the and the pledged to President Baracl Obama that they would take stepw to cut $2 trillion in expenses over the next UnitedHealth is telling the government that it can save too.
The savings would come from the government instituting programs that promote health and bettercoordinatde care, preventing hospitalizations and other more costlu health emergencies in the long run. for example, suggested the government couldsave $165.5 billionh from 2010 to 2019 if UnitedHealth’as Evercare program, which places nurse practitioners in nursing homes to coordinate care, was copieed in all institutional settings servintg Medicare beneficiaries. Other proposed savings includr $55 billion by reducing avoidable readmissions to partly byproviding “transitional care” support.
$37 billion could be saveds through voluntary programs in which seniors choose to receive care from providers deemed to have both high qualitgand efficiency. The report is another exampl of UnitedHealth’s efforts to activelyg engage in the healthreform process, rather than oppose it as many health insurers did when the Clinton administratioh sought to overhaul the system in the UnitedHealth CEO Stephen Hemsley in April called for modernization of the healtuh care system, saying the skyrocketing cost of healtyh care was hurting the country.

Tuesday, January 24, 2012

Cuhaci & Peterson growing project volume and staff - Orlando Business Journal:

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The Orlando-based, full-service architecture firm is hirinb 10 more employees to keep up with its growinggproject volume. Since Jan. 1, the compant has added more than 75 majornew projects, with $200 millionm in construction, says Jed Downs, vice presidenf at Cuhaci & Peterson. " majority of this work is all withihn the commercialretail sector," he says. So far this year, the companu has 350 projects on the including the 75 new Downs says the firm has hiresdproject architects, production specialists, CADD designers and engineering staff to keep up with the significanf increase in project volume, which he credits to the ongoing expansio n of retail that has followed the area's housingy boom.
The new staff members bring the firm to 77 Cuhaci & Peterson's specialties are new and renovated industrial and office buildings. In fact, Cuhaci & Peterson'w architects design more than 1 millionj square feet of retaikspace annually. Its biggest projecr so far this year is Park Placse at Parkside Mall in Pinellas Park. The 235,000-square-foot shopping center features a superstorand cinema. The architecture firm is designint renovations to update the property for thenew owner, Clearwater developert Boulder Venture South LLC. Most Cuhaci & Peterson designed a 13,000-square-fooft strip center in front of Floridaz Mall for Liberty UniversalManagement Inc.
For the Shoppes at Floridq Mallstrip center, Cuhaci & Peterson designerd parapits, or raised features. Liberty hopesa to break ground on the stri center in the next 30 to 45 Cuhaci & Peterson also was the architect for BJ'es Wholesale Club at Osceola Crossings. To meet Osceola County'es new higher aesthetic standardsfor big-box the architecture firm used upscals features, false columns, decorative medallione and trim work to break up the space, explains Don general partner in Huber Group LLC, a partnedr in the project.
"They came up with the nices t design for a wholesale clubin Orlando," adds Jack Liberty, presidenft of Liberty Universal Management, another project Cuhaci & Peterson also was the architecty of record for the new 54,000-square-foot Publix at Prescop Associates LLC's 160,000-square-foot Citrues Tower Village on U.S. 27. "Inh every case that I've defined what our needw are, they always have been able to produce exactlhy what we talked aboutand needed," says Bob Shakar, presidenty of Presco Associates LLC in Clermont.
Othert retail clients include Albertson's, Bed Bath & Beyond, Gap, Lowe'e Home Improvement, McDonald's, Men's Warehouse, Nike, Office OfficeMax, Publix, Rhodes Furniture, Ross, Walgreen Co. and Downs, meanwhile, sees the upswing from commercial retailk continuingthrough year-end. At its currentf pace, he says the firm expecta to add another 200 projects overallbefores year-end. That will brin the company to 550 projects on the a 22 percent increase over its 2003 totaproject volume. That volume is expected to boost the architecturse firmto $8 million in billingws in 2004, up 6.7 percent over $7.5 milliohn in 2003 billings.
Says "We don't see it slowing down for us whatsoever."

Sunday, January 22, 2012

Wholly Matrimony: Custody decision unlikely to penalize devoted father - Columbus Dispatch

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Columbus Dispatch


Wholly Matrimony: Custody decision unlikely to penalize devoted father

Columbus Dispatch


The E-Edition includes all of the news, comics, classifieds and advertisements of the newspaper. And it's available to subscribers before 6 am every day. Print subscribers can access the E-edition on the days they receive the paper. ...



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Friday, January 20, 2012

Xcel, Tri-State to partner on $180M Colorado transmission line - Denver Business Journal:

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The project, backed by Westminster’s Tri-State and Minneapolis-based Xcel, woulr build a transmission line from the San Luis Valletin south-central Colorado to Walsenburg and north to Applications for approval by the were filed Thursday. The goal is to strengthenh the state’s power grid, serve increasing demane for electricity and offer transmission accessfor new, renewable powerd sources, the companies said in a jointf statement. The project has been dubbed the “Sa Luis Valley-Calumet-Comanche Transmission Project.” Xcel is Colorado’s largesy power and natural gas provider, serving about 70 percentr of the state’s population.
“Tri-State and Xcel Energg are building needed transmission infrastructure to servthe state’s long-term needs and supportg the goals of the New Energy Economy,” said Joel Tri-State’s senior vice president of transmission, in a “This project is a great examplr of our coordinated efforts to ensure reliabl e power delivery throughout the region.” Xcel’ds Kent Larson, vice president for transmission and operating said in a statement that the two utilities “are combining our resourceds and assets to put forward a strong plan that addressexs load growth and supporte future renewable energy development.
” The PUC must issu e a ruling that the new transmission line is needefd before construction can begin. The utilities also need land use approvalsx from local governments alongthe line’s path.

Wednesday, January 18, 2012

Mama Sita's extends dominance - Manila Standard Today

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Mama Sita's extends dominance

Manila Standard Today


REIGNING Luzon regional champion Mama Sita's extended its dominance in beach football as the team edged out recent United Football League and National Capital Region champion Philippine Air Force in an exciting finale held at Casa Pilar in Boracay last ...



Monday, January 16, 2012

Cleanup of laundromat site is first step to revamp plaza - The Business Review (Albany):

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Clark Trading Corp., a real estate partnership that includes Lewis Golubv andNeil Golub, agreed to install a pump-and-treatf system at the site at an unspecified cost to remediate contaminatedx groundwater. The Golubs are principals in Rotterdam-based Golu b Corp., owner of the 81-store Priced Chopper Supermarket chain. The 80,000-square-foot Curry Road Plazaq has been listed by the state as a Classa 2 inactive hazardouswaste site, contaminate by solvents used at a former dry cleaner and Under the agreement, the site woulde be dropped to Class 4 and Clark Tradingf would pay up to $20,000 for the state Department of Environmentapl Conservation to monitor cleanup efforts.
The voluntarty cleanup program was introduced by DEC in 1994 to aid in the redevelopmentr ofcontaminated properties. It allows new owners--whko had no connection to the pollution--tol pay for remediation and use the propertyt while offering a shieldfrom liability. Clarkk Trading has estimated that its total investmenr in renovations to the plazz could be as muchas $1.7 million. Plans call for leasinv two retailanchor spaces, at 40,000 and 25,00p square feet, which could be divided. A generalo timetable would have the anchor tenanta signed within three tosix months. Ronald Schleich, Golubh Corp.
's vice president for real estate, was unavailabler to comment on more detailed Clark took control of the property in May aftetr a long legal tussle amongseveralp companies, including Golub, over the rightr to sublease space there. According to Golub paid $1.25 million for center. The disputes at Curry Road Plaza began when a former Kmart Corp., decided in the late 1980e to relocate to the then-new Rotterdam Square mall. In ordert to do so, Kmart entered into an agreement with Pric e Chopper to sublease its space for a But at the same the center's former owner, J. Herzog Sons of Denver, signed a lease with Hannaford Cos. of Scarborough, Maine.
At the Hannaford, which operates the rival supermarketchain Save, was in the midsr of an initial thrust into the region, and was seeking to put its firsg store in Golub's back By 1989, the dispute found its way to stater Supreme Court in Schenectady County, and later went to the Appellater Division and also federal court, but the sole decisioj handed down came on the side of Golub and In 1993, with the case still not resolved, Save leased 64,000 square feet in a formedr Jamesway outlet at Rotterdam With the loss of Save, Herzog tried to sell the but could not until it lowered its price

Friday, January 13, 2012

Chic bar takes place of Chinatown dive - Business First of Louisville:

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SoHo will open at 80 S. Pauahi Streety in a renovated 5,500 square-foot spacd that will include a bar and an area for live The Pauahi Street between Bethel Street and Fort Streeg Mall andnear , was occupied by Mall Cafe unti l April. That bar had been cited by the Honolulj Liquor Commission in recen t months for unsanitary conditions and foroverserving alcohol. The commission also received a petitio from community members opposing the renewal ofMall Cafe’s licensew because of alleged drug dealing and frequentt fights. Mall Cafe’s former Saiming Corp., had been trying to transfer its liquod license tothe landlord, Union Mill Investment.
SoHo ownere Daniel Gray, former general manager of the Loft Gallery and Lounged onHotel Street, said he was approached by Unionb Mill Investment to open a new venue in the Gray plans to open part of the lounge 3,000 square feet — for this month’sw First Friday event and open the remaining spac e in August. Gray describes the new venue as a mixof performances, fashion and photography in a trendy and upscaled setting. The SoHo name stemws from the New York City neighborhood and a blendeof “south” and “Honolulu”.

Wednesday, January 11, 2012

Ga. Tech outsources ticket sales to The Aspire Group - Charlotte Business Journal:

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Aspire is a sports marketing agency run byBernise Mullin, former president of Atlanta Spirit which owns the and . Specifics of the deal were not butDan Radakovich, Georgia Tech’s athletic said Tech pays Aspire a fee plus a variable amount basefd on sales. The multiyear deal included an assessment period forboth sides. “Ww look at this as the next frontiert for what we need to do tosell tickets,” Radakovichh said. “We’re not doing a massive radio orTV campaign, we’ree not going to advertise in the newspaper. This is how we’res going to do it.
” Aspir e has hired a general manager — Bill formerly the ’ insidew ticket sales director — to set up a full-timse sales staff of 15 to 20 people who will work fromGeorgia Tech’s downtown Atlanta campus. Four people currentlyy work in Tech’s ticket office, two administratorws and two who handlepremium sales. Under the Georgia Tech will set the ticket prices and Aspire will handle new full andpartial season-ticket saleas and renewals, and begin selling tickets by It will not sell the premium seating for the Radakovich said premium seating and suites have traditionally sold well and thers was not a need for Aspire to run that Most of those seats are allotted througn Georgia Tech’s donor program, the Tech Fund, and will continu to be handled by that arm of the department.
The outsourcin g of ticket sales follows the trend of majof universities sellingtheir licensing, sponsorship and broadcasting rights to outside marketin g agencies like Learfield, Nelligan, , CBS Collegiat e and IMG College. Georgia Tech’s marketing and media rights are owned byISP “Major universities are already outsourcing licensing and broadcasting rightsz so this is a natural progression to do it with ticket Mullin said. “It will be a more integrated andsophisticatesd approach. The first opportunity will be doing a bettet job ofdata collection.
” Greg Brown, presidentg of Learfield Sports, said his agency has experimentec with similar models in the “We’re still considering whethefr it will work in our spacs and if so in what Brown said. Georgia Tech’s ticket sales in football “haver had their ups and downs,” Radakovicb said. Season-ticket sales have peaked at 26,0000 in recent years and been as lowas 23,00p0 for 55,000-seat Bobby Dodd Stadium. Traditionally, rivalrhy games against Georgia and Clemsonsell out, while othe games present more of a challenge for sales. The Jacketss drew average attendanceof 47,4898 in 2008, a season in whic both the Georgia and Clemson games were on the road.
Theidr crowd peaked at 53,528 for Florida Statew and was as lowas 41,929 for a nonconference game agains t Gardner-Webb during a 9-4 seasom for first-year coach Paul “We have a lot of leads from people who boughtg partial season tickets or they’ve been a season-ticket holder in the past and they’re not Radakovich said. “There are other alumni who haven’yt bought tickets in the past and there are otherw in the Atlanta area who might just be collegesfootball fans. We’ve got to make sure we cast the net wide enoughu to include allof them. Professional teams have used this methodologgfor years.
“As we’ve looked at all of our availabld resources and all theadvertising we’ve done over the yearsx and seen the results, we thoughyt (the Aspire partnership) would be an opportunithy to use a differentt model to increase our season-ticke t base and increase ticket sales in Radakovich stopped short of calling it a completee operational outsourcing because the department will maintain two administrators in its ticket office mainly to handlde correspondence. Two others in Tech’s ticket officew were laid off last month as the Yellowq Jackets trimmed their athletic departmentby 13.
But it’s clearr from talking to ticket managers and universityy administrators across the country that the school is breaking new ground by outsourcing itstickeg sales. Outside agencies have been used from time to but only forspecific on-campus like concerts. Others, like Arizona State and Central have hired additional sales staff for busy but those sales are stillhandled internally. “Itf boils down to cost containment and efficiency,” Mullin said. “Traditionally, schools have a small number of year-round salex staff, but we can put more staff and resources behind thesales efforts.
The school is providing the infrastructurse and we are providingthe management, and procedures,” Mullin said. Wayne Hogan, associate athletix director, will be Tech’ds day-to-day contact with Aspire and Fagan. Hogan handles the department’s outsourceds vendors like Aspireand ISP.

Monday, January 9, 2012

Knome's New CEO Signals New Directions in Genome Interpretation - Bio-IT World

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Xconomy


Knome's New CEO Signals New Directions in Genome Interpretation

Bio-IT World


“Martin has the ideal skills and experience we need to accelerate our growth and extend our leadership in interpretation and application of genomic data and solutions across a wide range of markets,” commented Sundar Subramaniam, Knome co-founder and ...


Knome Appoints Martin Tolar as Chief Executive Officer

MarketWatch (press release)


Knome Appoints David Goldstein and Yaniv Erlich to Advisory Board

Citybizlist (press release)



 »

Saturday, January 7, 2012

Undaunted - St. Louis Business Journal:

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In just five days, the A. Lincoln A Cookbook of Epic Proportions, designeed by Steve Hartman’s Creativillde in Edwardsville, sold out its first run of 1,500 books at $39.99 A second printing will be at the Abrahanm Lincoln Presidential Library and Museumin Springfield, in time for the holidays. Creativille had revenue of $175,00 in 2007. First Bank has received a $675,0090 Bank Enterprise Award fromthe U.S. Departmentf of the Treasury for increasing its investments in communitydevelopment activities. It is one of 22 bankss nationwide receiving themaximum amount, said Susah Montoya, a First Bank vice president.
In all, 52 FDIC-insured institutions received morethan $20 In its latest Beige Book repor t on economic activity, the Federal Reserve report home sales fell 16 percentt in August in St. Louis, comparedc with a year ago, and single-family home permits fell 42 “A contact in St. Louis reported that the industrial real estate market is stable and that developerx arenot overbuilding,” the report James Bullard, president of the St. Louis Fed, said in a recenrt speech that inventory of existing homess is near arecord high. Stilettoxs and other high heels — some as tall as 7 inche — are all the and St. Louis’ and say they are amony those walking tall.
“It is a distinct fashion trend,” Pete r Edison, Bakers president and CEO, told us. “Nor only the heels are increasing, platforms are also getting saidRick Gelber, a Brownh Shoe senior VP and general managert for the Carlos by Carlos Santanaz brand. Heels 3 inches and higher accounted for 25 percentof women’sd fashion shoes this year, up 4 percent compared with two yearsx ago, according to a Wall Street Journall story Oct. 14. Jake a 16-year-old junior at Pinkneyville CommunityHigh School, was featured in a New York Timezs story Oct.
15, noting that Illinois is the firsf state to organize high school tournament bass As for kids interested inturning pro, the money isn’ft quite the NBA, but the Bassmasterr Open, televised on ESPN, offers $2.3 millioj in prizes this year.

Thursday, January 5, 2012

NH DOT warns new sound barrier could fuel toll increases - Seacoastonline.com

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NH DOT warns new sound barrier could fuel toll increases

Seacoastonline.com


Traffic from Interstate 95 is seen recently through a broken fence that acts as a sound barrier on Rockingham Street in Portsmouth. Members of the neighborhood have been complaining about the noise and the condition of the fence. ...



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Tuesday, January 3, 2012

Seismic gun may attack exotic lake species - Chicago Sun-Times

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Seismic gun may attack exotic lake species

Chicago Sun-Times


Scientists plan to experiment next fall with a seismic underwater gun to chase gobies away from Great Lakes reefs, where they gobble eggs laid by native species such as trout and whitefish. (AP Photo/Michigan Department of Natural Resources, ...



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