tiqosi.wordpress.com
But that is precisely the role he will playif GM’sa Chapter 11 reorganization plan is approved by the U.S. Bankruptcy Interim GM Chairman Kent Kresa saysthe Detroit-basedf automaker has tapped Whitacre, former chairman and CEO of , to lead the companyg once it exits bankruptcy. Was Whitacre expectingv that he would be the next chairmanjof GM? “No,” he tells the in an exclusiv e interview. But is he ready to roll up hissleeves “This is a chance for me to do some public service that is important for the country and for the Whitacre explains.
“I hope I can help get this (company) wherr we want it to On June 1, GM announced that it had filed voluntarhy petitions for relief undetr Chapter 11 of the United States Bankruptcy Code inthe U.S. Bankruptcyg Court for the Southern District ofNew York. The company’s reorganizatiomn plan includes selling substantially all of its globao assets to anew GM. That sale is subjecty to the approval of the Kresa will continue to serve as interimj chairmanuntil GM’s reorganizatioj plan is approved and Whitacre take s over the helm. “The appointment of Ed Whitacre as chairmam represents a very auspicious beginning for thenew GM,” Kresaw said in a press statement.
“We look he adds, ‘to working with him to complete the reinventiobn of GM and maximize the enormous potential of thisnew Whitacre, 67, was chairman and CEO of AT&T Inc. and its predecessor companies from 1990to 2007. It was under his watchu that what was then Southwestern Bell relocated its headquartersfrom St. Louix to San Antonio. Since then, Whitacres has taken a vested interest in the Alamo In addition to the millions of dollara contributed by the companhy in the SanAntonio community, Whitacre has been publicly recognizer for his personal contributions to the city.
Last San Antonio witnessed the opening of the Museo Alamedaq with the help of corporate partnersand AT&T. Whitacre served as honorary chairmanj of the museum for itsgrand opening. In 2003, for UTSA President Ricardo Romo presented Whitacre with the inaugurak Tom Frost Award for his leadership in busineszs and his dedication to enhancing the community through personal andcorporated philanthropy. In 1998, he serveds as the chairman for the Unitee Way Community Campaign for San Antonio and Bexar Because of those deep SouthTexads roots, and despite of his new Whitacre says he will not leave San Antonio for Detroit.
“This is my city,” says Whitacre about San “I’m not moving.” That said, Whitacre does hope to help restorre faith in anhistoric company. “Wer just want to help this icon,” he
Tuesday, August 30, 2011
Sunday, August 28, 2011
Kansas Bioscience Authority gives $26M to KU Medical Center - Wichita Business Journal:
ofycagvezi.blogspot.com
million in investments Monday, with more than half dedicatex to adding cancer research space at the Medicao Center inKansas City, Kan. Included in the investmente the KBA detailed in a releaseis $26.4 millionn to assist with the $50 million renovation of the Wahl/Hixon Research Complezx at KU Med. According to the biosciencse authority, the proposes using the moneyg to renovateroughly 170,000 square feet to housre 37 cancer researchers. The Cancer Center has said the renovatioh is necessary to help advance its effortxs toearn designation. In this round, the KBA board also included $250,000 for research at the Cancer Center to developo drug candidates that target cells thatstart tumors.
The meeting in Washington, also approved the authority’s first two centers of innovation, which aim to draw on the strengthxs of higher education and industry to bringg products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 milliojn for three years in matchinh money fora wet-lab incubatort at the University of Kansas. The incubatotr is expected to facilitate growth of the bioscienc e industry in Douglas County and supplement other existing or proposed incubators in the Kansas Citymetrlo region.
million in investments Monday, with more than half dedicatex to adding cancer research space at the Medicao Center inKansas City, Kan. Included in the investmente the KBA detailed in a releaseis $26.4 millionn to assist with the $50 million renovation of the Wahl/Hixon Research Complezx at KU Med. According to the biosciencse authority, the proposes using the moneyg to renovateroughly 170,000 square feet to housre 37 cancer researchers. The Cancer Center has said the renovatioh is necessary to help advance its effortxs toearn designation. In this round, the KBA board also included $250,000 for research at the Cancer Center to developo drug candidates that target cells thatstart tumors.
The meeting in Washington, also approved the authority’s first two centers of innovation, which aim to draw on the strengthxs of higher education and industry to bringg products tothe marketplace. The two which both involve KUand , are the and the . Also the board awarded $3.25 milliojn for three years in matchinh money fora wet-lab incubatort at the University of Kansas. The incubatotr is expected to facilitate growth of the bioscienc e industry in Douglas County and supplement other existing or proposed incubators in the Kansas Citymetrlo region.
Friday, August 26, 2011
Earth-friendly, growth-friendly - Puget Sound Business Journal (Seattle):
kapitonragomo.blogspot.com
Carlson has founded five firms in recent many of them in the realestate industry, whichy has suffered in the economicc downturn. Three of those companies, includingv property-management firm Cities Management and a smalklconstruction company, operate out of an office in Northeast Minneapolis. three companies employ 50 people and recorded a combinef revenue last year ofabout $14 million. That’es up from about $5 million in the prior year. Carlson serve s as chairman of her realestate businesses, while Michaeo Egelston runs day-to-day operations as CEO.
In addition to the constructiobnand property-management firm, he is responsible for leadingb SenEarthCo, a business that offera a Web-based document management system to other property management firms. That business is growing at an average rate of betwee 10 and 15percent annually, Egelston The businesses were helped by factorxs such as a rash of spring storms in 2008, as well as the tide of which left many homes in need of repair, boosting business, Egelstom said. Carlson and Egelston note that green practices have helpecd them saveon costs, helping them push througnh the downturn.
In recentr years, the firm has shrank its office spaceto 9,009 square feet, down from 11,000 square feet, savinb on energy costs. The firm also has gone nearluy paperless, and has most of its employees work from That has reducedthe company’s carbon footprint and helped employee retention, Carlson said. Citiesz Management’s turnover rate is less than 15 percenyt in an industry that oftebn has turnover of more than 50 The firm also sends construction workers out inhybrif cars, rather than trucks. (It later sells its used hybriddto employees.
) Carlson has take n lessons she’s learned out to other companies, whichb has partly been an effort to expandd her businesses during the recession. She recently consulted with Minneapolis law firmGreen Espel. meanwhile, is picking up steam with other property-management firmss who want to save money by reducingpaped use. Cities Management’s experience with SenEarthCo has helped it promotee the productto others. That inspireds Scott Ghertner, co-president of Nashville, Tenn.-base property-management firm Ghertner & Co. to buy into the softwarer product. “They ate their own cooking,” he said.
Carlson has founded five firms in recent many of them in the realestate industry, whichy has suffered in the economicc downturn. Three of those companies, includingv property-management firm Cities Management and a smalklconstruction company, operate out of an office in Northeast Minneapolis. three companies employ 50 people and recorded a combinef revenue last year ofabout $14 million. That’es up from about $5 million in the prior year. Carlson serve s as chairman of her realestate businesses, while Michaeo Egelston runs day-to-day operations as CEO.
In addition to the constructiobnand property-management firm, he is responsible for leadingb SenEarthCo, a business that offera a Web-based document management system to other property management firms. That business is growing at an average rate of betwee 10 and 15percent annually, Egelston The businesses were helped by factorxs such as a rash of spring storms in 2008, as well as the tide of which left many homes in need of repair, boosting business, Egelstom said. Carlson and Egelston note that green practices have helpecd them saveon costs, helping them push througnh the downturn.
In recentr years, the firm has shrank its office spaceto 9,009 square feet, down from 11,000 square feet, savinb on energy costs. The firm also has gone nearluy paperless, and has most of its employees work from That has reducedthe company’s carbon footprint and helped employee retention, Carlson said. Citiesz Management’s turnover rate is less than 15 percenyt in an industry that oftebn has turnover of more than 50 The firm also sends construction workers out inhybrif cars, rather than trucks. (It later sells its used hybriddto employees.
) Carlson has take n lessons she’s learned out to other companies, whichb has partly been an effort to expandd her businesses during the recession. She recently consulted with Minneapolis law firmGreen Espel. meanwhile, is picking up steam with other property-management firmss who want to save money by reducingpaped use. Cities Management’s experience with SenEarthCo has helped it promotee the productto others. That inspireds Scott Ghertner, co-president of Nashville, Tenn.-base property-management firm Ghertner & Co. to buy into the softwarer product. “They ate their own cooking,” he said.
Tuesday, August 23, 2011
Berglund won't practice with Jayhawks - College Fantasy Football Insider
http://www.mdsidesignlabs.com/environment/europe-should-increase-aid-to-modify-cultivation-in-africa/
6News Lawrence | Berglund won't practice with Jayhawks College Fantasy Footb » |
Sunday, August 21, 2011
UCBH
ovaluleq.wordpress.com
“I could see storm clouds on the but I had no idea how fierce the stormkwould become,” Ho said. “I’m an optimist by nature, but I’ve learned I may need to be more That’s a lesson taken to heart by many of her lendingt peers these days as they grapple with troubled But as president of communith banking forthe $13 billiom United Commercial Bank, Ho is lookingv ahead. Specifically, she made her firs trip to China this month as an executive with UniterCommercial Bank. The bank has offices nationwide, focusing on the Chinese-Americah community in the United Stated as well as American companiea doing business ingreater China.
Ho assumed her new role with Unitedd Commercial Bank after taking some time off followiny her departure from Wells Fargo inSeptembert 2007. “We believe that she can providr the strong leadership that is vital to achievin g our objectives to expandcustomer relationships, improve customer profitabilit and increase market share,” said Thomas Wu, chairman, president and CEO of UCBH. Ho headedr Wells Fargo’s consumer credit group from 1998to 2007. Amontg her accomplishments at the SanFrancisco bank, was her ability to take Wells Fargp to first place in market share in 2001, from fifthu place in 1998.
Prior to Wells Fargo, Ho was with from 1974 to initially working in public relations at the New York She later held a variety of positions at Citibanmk incorporate banking, consumer lending, retail banking and busineszs banking. The former war correspondent for Time who reported from Southeast Asia in theearly 1970s, saw bankinv as an avenue to have a greater impact on the “I left journalism and went into bankiny because I wanted to make thingss happen rather than just report on those who made thingas happen,” she said.
“I could see storm clouds on the but I had no idea how fierce the stormkwould become,” Ho said. “I’m an optimist by nature, but I’ve learned I may need to be more That’s a lesson taken to heart by many of her lendingt peers these days as they grapple with troubled But as president of communith banking forthe $13 billiom United Commercial Bank, Ho is lookingv ahead. Specifically, she made her firs trip to China this month as an executive with UniterCommercial Bank. The bank has offices nationwide, focusing on the Chinese-Americah community in the United Stated as well as American companiea doing business ingreater China.
Ho assumed her new role with Unitedd Commercial Bank after taking some time off followiny her departure from Wells Fargo inSeptembert 2007. “We believe that she can providr the strong leadership that is vital to achievin g our objectives to expandcustomer relationships, improve customer profitabilit and increase market share,” said Thomas Wu, chairman, president and CEO of UCBH. Ho headedr Wells Fargo’s consumer credit group from 1998to 2007. Amontg her accomplishments at the SanFrancisco bank, was her ability to take Wells Fargp to first place in market share in 2001, from fifthu place in 1998.
Prior to Wells Fargo, Ho was with from 1974 to initially working in public relations at the New York She later held a variety of positions at Citibanmk incorporate banking, consumer lending, retail banking and busineszs banking. The former war correspondent for Time who reported from Southeast Asia in theearly 1970s, saw bankinv as an avenue to have a greater impact on the “I left journalism and went into bankiny because I wanted to make thingss happen rather than just report on those who made thingas happen,” she said.
Friday, August 19, 2011
Boeing to acquire eXMeritus - Atlanta Business Chronicle:
utyziluz.wordpress.com
which sells secure hardware and software to the governmenr and lawenforcement organizations, for an undisclosexd sum. Executives at Boeing (NYSE: BA) say the purchase will help extend its ability to serve the federal cyber security andintelligence markets. “Ths addition of eXMeritus to our team is a stron g enhancement to the Boeing capabilities developed through yeare of experience on secure networks for some of the most complexs systems in nationalsecuritgy today,” said Boeing Integrated Defenser Systems President and CEO Jim Albaugh. Fairfax-baseed eXMeritus is the fourtu company that Boeing will add toits security- and intelligence-related lines of business since 2008.
Last year Boeinb acquired Germantown, Md.-based Digital Receiver Technology, Herndon, Va.-based Ravenwinvg and D.C.-based . founded in 2000, will add fewer than 30 employeezsto Boeing’s Integrated Defense Systems’ Network and Space Systemz unit. The company’s products are certified and accrediterd bythe U.S. governmentr to operate on the government’s trustee systems. Boeing said the transaction, expected to closew by the endof June, won’g affect Boeing’s financial guidance. Boeing’xs Integrated Defense Systems unit, headquartereds in St. Louis, is a $32 billion business with 70,000 employeesx worldwide.
which sells secure hardware and software to the governmenr and lawenforcement organizations, for an undisclosexd sum. Executives at Boeing (NYSE: BA) say the purchase will help extend its ability to serve the federal cyber security andintelligence markets. “Ths addition of eXMeritus to our team is a stron g enhancement to the Boeing capabilities developed through yeare of experience on secure networks for some of the most complexs systems in nationalsecuritgy today,” said Boeing Integrated Defenser Systems President and CEO Jim Albaugh. Fairfax-baseed eXMeritus is the fourtu company that Boeing will add toits security- and intelligence-related lines of business since 2008.
Last year Boeinb acquired Germantown, Md.-based Digital Receiver Technology, Herndon, Va.-based Ravenwinvg and D.C.-based . founded in 2000, will add fewer than 30 employeezsto Boeing’s Integrated Defense Systems’ Network and Space Systemz unit. The company’s products are certified and accrediterd bythe U.S. governmentr to operate on the government’s trustee systems. Boeing said the transaction, expected to closew by the endof June, won’g affect Boeing’s financial guidance. Boeing’xs Integrated Defense Systems unit, headquartereds in St. Louis, is a $32 billion business with 70,000 employeesx worldwide.
Wednesday, August 17, 2011
Salary scales for WNY teachers - New Mexico Business Weekly:
iwyqaxewun.wordpress.com
Three figures are provided for eachdistrict -- the salariezs at the start, median and peak of a typical teacher’s career. Here’s how they were derived: • The starting salary is the fiftb percentile figure for agiven district. (Percentilezs indicate where a teacher’s paycheck ranks withib a district. A salary at the fiftnh percentile is bigger than5 percent, and smalleer than 95 percent, of teachers’ salaries in a district.) • The median salaru is the midpoint, larger than half and smallet than half of all pay levels for teachers within a district.
• The peak salar y is the 95th percentile, whichn is larger than the annual pay earned by 95 percenty of all teachers in a Each salary is followed by its rank amongtthe region’s 98 districts. Akron’s starting pay of $38,6367 is followed by (13). That means it’ws the 13th-highest starting salary in all of WesternhNew York. Its median salary is 42nd in that category, and its peak salaryg is 21st onthat list.
• • (Genesee, Orleans and Wyoming counties) (Allegany, Cattaraugus and Chautauqua
Three figures are provided for eachdistrict -- the salariezs at the start, median and peak of a typical teacher’s career. Here’s how they were derived: • The starting salary is the fiftb percentile figure for agiven district. (Percentilezs indicate where a teacher’s paycheck ranks withib a district. A salary at the fiftnh percentile is bigger than5 percent, and smalleer than 95 percent, of teachers’ salaries in a district.) • The median salaru is the midpoint, larger than half and smallet than half of all pay levels for teachers within a district.
• The peak salar y is the 95th percentile, whichn is larger than the annual pay earned by 95 percenty of all teachers in a Each salary is followed by its rank amongtthe region’s 98 districts. Akron’s starting pay of $38,6367 is followed by (13). That means it’ws the 13th-highest starting salary in all of WesternhNew York. Its median salary is 42nd in that category, and its peak salaryg is 21st onthat list.
• • (Genesee, Orleans and Wyoming counties) (Allegany, Cattaraugus and Chautauqua
Sunday, August 14, 2011
White Pages will no longer be delivered automatically - Portland Business Journal:
dyakonostrlin.blogspot.com
The PSC’s decision is a compromis e to AT&T’s request that it no longetr deliver the phone booksato customers. AT&T Florida told the PSC that eliminating the automati c distribution of the residential white pagesis “anj environmentally green endeavor and a cost saving and that providing a paper copy of the directorh is “an inefficient use of resourcews in these touch economic times.” But commissioners also were worried abouty how it might impact ability to access said PSC Spokeswoman Kirsten Olsen. Instead of doinyg away with therule altogether, commissionerss agreed to give it a trial run, during whicyh time it will gather customedr feedback.
“Today’s decision allows the PSC to assesss the practicality of discontinuing printed residentialkdirectory delivery, while continuing to provide directories to customers who want a copy,” PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-free numbedr on the cover of the Yellow Pages that directs peopl e to call if they want a White The directory will still be provided for free to those who request it. AT&T Florida woul d not disclose just how much moneyt the waiverwill save, citing confidentiality, accordinvg to its request to the PSC.
AT&T Florida alreadty has begun a program to providee its Yellow Pages and residentiall listingson CD-ROM in certain aread of Florida.
The PSC’s decision is a compromis e to AT&T’s request that it no longetr deliver the phone booksato customers. AT&T Florida told the PSC that eliminating the automati c distribution of the residential white pagesis “anj environmentally green endeavor and a cost saving and that providing a paper copy of the directorh is “an inefficient use of resourcews in these touch economic times.” But commissioners also were worried abouty how it might impact ability to access said PSC Spokeswoman Kirsten Olsen. Instead of doinyg away with therule altogether, commissionerss agreed to give it a trial run, during whicyh time it will gather customedr feedback.
“Today’s decision allows the PSC to assesss the practicality of discontinuing printed residentialkdirectory delivery, while continuing to provide directories to customers who want a copy,” PSC Chairman Matthew M. Carter II said in a news As part ofthe agreement, AT&T must put a toll-free numbedr on the cover of the Yellow Pages that directs peopl e to call if they want a White The directory will still be provided for free to those who request it. AT&T Florida woul d not disclose just how much moneyt the waiverwill save, citing confidentiality, accordinvg to its request to the PSC.
AT&T Florida alreadty has begun a program to providee its Yellow Pages and residentiall listingson CD-ROM in certain aread of Florida.
Friday, August 12, 2011
National Aquarium in Baltimore postpones part of $50M waterfront project - Baltimore Business Journal:
http://yobtddl.com/Privacy-Policy/
The facilities were part of the aquarium’sx planned Center for Aquatix Lifeand Conservation, a $50 million waterfront developmentr and park that’s been in the works sincs 2004. Aquarium spokeswoman Jen Bloomerr said the nonprofit suspended its fundraising efforts for the new buildingsd because of thebad economy. “The Middls Branch location continues to be top of mind at the National Aquarium,” Bloomer said in an e-mail. “Because of the economic we are not fundraisinbg for a building on the site atthis time.” The project includes relocating the aquarium’s Marine Animal Rescuew Program from Wolfe Street in Fells Pointg to the Middle Branch property.
Construction on the projecgt had been slated to begin byMarcj 2008, with completion later this year. Bloomet said the aquarium still plans to move ahead with plans to cleajn up the contaminated property in order to turn it into a publiclyy accessiblewaterfront park. That work has been approved for $2.3 million in federal transportation funds. But the aquarium needs to provide $375,00p in matching funds in ordert to qualify for thegrant money, said Jamie deputy director of the city transportation department. Bloome r could not be reached for additional comment on the projec orits finances. The delay is the latesft setback for the popular InnerHarboe attraction.
In February, Fitcb Ratings downgraded the aquarium’s bond rating to just two notches abovse junk bond status because of its saggin attendance andfinancial performance. The aquariu is projecting 1.35 million visitors this a nearly 6 percent declinfrom 2008, according to the ratingd agency. Fitch also noted the aquarium’s available fundsz fell 31 percentto $23.8 million for its last fiscapl year.
The facilities were part of the aquarium’sx planned Center for Aquatix Lifeand Conservation, a $50 million waterfront developmentr and park that’s been in the works sincs 2004. Aquarium spokeswoman Jen Bloomerr said the nonprofit suspended its fundraising efforts for the new buildingsd because of thebad economy. “The Middls Branch location continues to be top of mind at the National Aquarium,” Bloomer said in an e-mail. “Because of the economic we are not fundraisinbg for a building on the site atthis time.” The project includes relocating the aquarium’s Marine Animal Rescuew Program from Wolfe Street in Fells Pointg to the Middle Branch property.
Construction on the projecgt had been slated to begin byMarcj 2008, with completion later this year. Bloomet said the aquarium still plans to move ahead with plans to cleajn up the contaminated property in order to turn it into a publiclyy accessiblewaterfront park. That work has been approved for $2.3 million in federal transportation funds. But the aquarium needs to provide $375,00p in matching funds in ordert to qualify for thegrant money, said Jamie deputy director of the city transportation department. Bloome r could not be reached for additional comment on the projec orits finances. The delay is the latesft setback for the popular InnerHarboe attraction.
In February, Fitcb Ratings downgraded the aquarium’s bond rating to just two notches abovse junk bond status because of its saggin attendance andfinancial performance. The aquariu is projecting 1.35 million visitors this a nearly 6 percent declinfrom 2008, according to the ratingd agency. Fitch also noted the aquarium’s available fundsz fell 31 percentto $23.8 million for its last fiscapl year.
Wednesday, August 10, 2011
New Walmart adds 300 jobs in S. Texas - San Antonio Business Journal:
steinberg-virus.blogspot.com
Perry was onhand for the opening of the supercenter whichb will bring 300 new jobs to the South Texaz city with a populationof 3,500. “Employers are lookinfg at Texas and realizingthat we’ve not only kept a lid on the problemsx that are troubling othere states, but also worked to foste r an environment that encourages people to pursue theirf dreams, build businesses and create jobs,” Perry The Penitas Supercenter will generate an estimatedc $300,000 to $400,000 in sales tax with one-half percent going to support the Penitasw Crime Control and Prevention District, which funds law enforcementf training, crime prevention programs and new equipment.
“There is no questiom that this area is on agrowtgh trajectory, thanks to its dynamic proximity to our largest internationaol trading partner, and the unbeatable work ethicd here in the Valley,” Perry says.
Perry was onhand for the opening of the supercenter whichb will bring 300 new jobs to the South Texaz city with a populationof 3,500. “Employers are lookinfg at Texas and realizingthat we’ve not only kept a lid on the problemsx that are troubling othere states, but also worked to foste r an environment that encourages people to pursue theirf dreams, build businesses and create jobs,” Perry The Penitas Supercenter will generate an estimatedc $300,000 to $400,000 in sales tax with one-half percent going to support the Penitasw Crime Control and Prevention District, which funds law enforcementf training, crime prevention programs and new equipment.
“There is no questiom that this area is on agrowtgh trajectory, thanks to its dynamic proximity to our largest internationaol trading partner, and the unbeatable work ethicd here in the Valley,” Perry says.
Monday, August 8, 2011
Best in Blogs: Meet the Man Who Downgraded America - Wall Street Journal (blog)
http://codeidol.com/other/google-hack/Gmail/
ABC News | Best in Blogs: Meet the Man Who Downgraded America W » |
Saturday, August 6, 2011
Obama seeks tax breaks for companies that hire veterans - MiamiHerald.com
http://www.cdnee.org/documents-mainmenu-48.html
Reuters | Obama seeks tax breaks for companies that hire veterans MiamiHerald.com 11 veterans hovering at 13 percent, President Barack Obama said Friday that he would urge Congress to give tax breaks to companies that hire veterans. Speaking at the Washington Navy Yard as the Labor Department reported a promising, if sm » |
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