Monday, July 30, 2012

Schwarzenegger says day of reckoning is here - Atlanta Business Chronicle:

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“California’s day of reckoninb is here,” he said. With no the state could run out of cash in 14 Three months after the state budgetwas approved, Californiza faces a $24 billion deficit. Schwarzenegger has alread y proposed massive cutsto education, health care and prisons. Now he’sw looking for structural reform to make government more efficient and stretchtaxpayer dollars. He’s asked the State Board of Education, for to make textbooks availables in digitalformats — a move that coulx save millions. In 2004, the governor talked aboug blowing up boxes andconsolidating agencies, but the initiativeas never gained traction. They’re back.
Schwarzeneggerd is proposing once again to eliminate and consolidated more than a dozenstatd departments, boards and commissions. This includew the Waste Management Board, the Courtg Reporters Board, the Department of Boatinvg and Waterways and the Inspectionb and MaintenanceReview Committee. Earlie r this year, the state began consolidating informatiojntechnology departments. Now Schwarzenegger wants to consolidate departments that oversee financial institutions and merge taxcollection operations.
In July, states leaders will receive recommendations on how to modernize thetax “This will be a tremendous opportunityu to make our revenues more reliable and less volatile and help the stat e avoid the boom and bust budgets that have brought us here Schwarzenegger told lawmakers. It’s not going to happen in 14 he said. But it could happen before the Legislature adjourns for summedr recess onJuly 17.

Sunday, July 29, 2012

Edison wins approval for solar panel installation - The Business Journal of Milwaukee:

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During the next five years Edison will own and operate 150 solar paneles that will generate 250 megawattsof power. Edisojn was also granted the ability to solicitothet solar-power companies to install similafr panel arrays and sell the power back to Edison, up to an additionapl 250 megawatts. Edison says the 500 total megawatts makes theprojecty "the largest photovoltaic prograk ever undertaken." “The program will create hundreds of neighborhoode solar power plants, strengthen local grid reliability and produce hundreds of new greenm jobs to bolster Southern California’s economic Chairman and CEO Theodore F. Craver Jr.
, said in a The first Edison site has alreadyg been completed on the roof of a distributio n warehousein Fontana. According to Edison, it is the largestt single rooftop solar photovoltaic array in the Both Southern California Edison and its parent EdisonnInternational (NYSE: EIX) are based in

Saturday, July 28, 2012

Out-of-state investor buys office building - Dayton Business Journal:

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The LLC purchased the 40 West Fourtu Centre fromfor $3.8 million in the last week of Glen Nelson, chairman of The Matrix Realty Group, said his group bought the building -- locatesd at Fourth and Main streeta -- because he thinks it is a solidx investment with good tenants. The 224,800-square-footf building is about 94 perceng occupied, with 15,000 square feet of vacant Tenants include the lawfirm , national telemarketing firm and , whicjh occupies about 80 percent of the One of Nelson's goals is to fill the building "We will push to get 100 perceny occupancy," he said. "That createsa a synergy with the rest ofthe area.
" Nelson said he plans on usinh local brokers to fill the rest of the spacw in the building. Both Nelson and John the building's property manager, said there will be extensive renovation work done onthe building. "Theres will be substantial improvements," Hoyer said. "The city will be Nelson would not give a dollar but said the Matrix Group is lookinb to make a sizeable investment in the renovation ofthe 22-story officee tower. "We brought in an interiorf decorator, and we are looking to improvewthe lobbies, the main one, each floor the elevators and the gym," Nelson said.
"Wer are going to upgrade the aestheticss andpersonal touches, give it a comfortable, personal feeling." The Matrix Group has not decided if exterior renovations will take Nelson plans to start renovation work and would like to hire local contractors to do the "We like to keep our moneyy in the area, so we hire local," Nelso n said. Tom Nikolai, vice president/general manager for Centerville-basefd , helped broker Jeff Johnsto represent Union Central onthe sale. He said the building'x main tenant, Premier Health, made it an attractive "It was very appealin because ofits tenant," Nikolai said.
Nelson also said havingy Premier as a main tenant mean a lot tohis "That's their corporate headquarters," he "I know they will do the right I feel confident that they will be therr for some time." Premier is the Dayton area'd largest hospital network with four hospitals including and . Hoyed said it was time for Unionm Central to sellthe building.

Wednesday, July 25, 2012

Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - St. Louis Business Journal:

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Reinsdorf, who owns the Chicago Bulls andWhite Sox, is the lead name on the $148 millioh offer for the team, which is in Chapter 11 bankruptcy reorganization. Canadian billionaire Jim Balsilliw earlier madea $213 million offer to buy the hockey team and move it to Ontario. Reinsdorf put in his bid Friday along with Bankruptcy court filings say CEO ofNew York-based Sports Properties Acquisition will join the Kaites is an attorney with LLC in Phoenic and a principal with the Phoenix-based lobbying firm .
The firm counts Reinsdorf, the Gila River Indian Magellan Health Services and the Professiona l Firefighters of Arizona union amongits clients, accordingg to the Arizona Secretary of State’s Kaites served as a prosecutor in Maricopqa County Attorney’s office before unsuccessfulluy running for state attorney generakl in 1998. He also served in the Arizons Legislature and worked as a weathermanon KPNX-TgV Channel 12. Kaites has been a political allyof U.S. Sen. John R-Ariz., serving on his 2008 Arizona presidentiao campaign leadership teamin Arizona. Tavares served as presideny of the Montreal Expos during the time when the basebalkl team relocated toWashington D.C.
and becamd the Nationals.

Monday, July 23, 2012

Capitals name Tim Hunter assistant coach (Updated) - Washington Post (blog)

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CBC.ca


Capitals name Tim Hunter assistant coach (Updated)

Washington Post (blog)


Hunter, 51, has 13 seasons and 1041 games as an NHL assistant coach under his belt, including five in Washington from 1997-98 to 2001-02. As he joins first-time head coach Adam Oates and first-time NHL assistant coach C »

Sunday, July 22, 2012

Syria crisis: Fresh clashes rock Damascus and Aleppo - BBC News

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BBC News


Syria crisis: Fresh clashes rock Damascus and Aleppo

BBC News


Fierce fighting is reported in Syria's two biggest cities - Damascus and Aleppo - as government forces seek to regain control of rebel-held areas. The army's elite fourth division, backed by helicopters, has reportedly launched an assault on the ...


Syria: Fre sh fighting in Damascus and Aleppo

GlobalPost


Fresh clashes in two Syria cities

Channel 4 News


Fresh fighting reported in Damascus, Syria's capital

Los Angeles Times


Mmegi Online -Telegraph.co.uk -Phayul


 »

Saturday, July 21, 2012

LexisNexis data breach linked to New York mob family - Tampa Bay Business Journal:

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The New York-based compan y — which has 3,000 employees in the Dayto area — has sent 13,000 letters to former customers whose personal data may beat risk, the companyy said in a statement. The breach involvex a former customer for a companycalled , whicjh LexisNexis bought in 2004, and was announced by the U.S. Attorneyt for the Southern Distric t of Floridain May, according to a LexisNexias spokesperson. “(The) customer involved in this mattef should have provided notice to potentially affected LexisNexis said ina “However, because the customer is no longer in businessd we provided the notice.
” According to the — whichg includes CIO magazine and PC World — the New Hampshirr Department of Justice posted a documentf Friday on its Web site to informm consumers about the By Monday evening, however, the link had been The document reportedly tied a Florida man, with mob connections to the Bonannk crime family, with accessing LexisNexis data. New Hampshir officials could not be In May, LexisNexis announced it is part of a separate investigatio into alleged credit card fraud, perpetrated by formet customers of the company, according to a companyg statement. That fraud occurred from June 2004 toOctobere 2007. The U.S.
Postal Inspectio n Service released a statement thatsaid 40,00 0 letters will be sent to consumersz and 300 victims have been identified in an investigatiom concerning the breach. The companhy was part of a similar incideng in 2005 and sent letteras thento 280,000 customers who may have been victims of identityg theft. LexisNexis U.S. is a unit of plc RUK), the Anglo-Dutch publishing conglomerate. The companhy is an online information services and publishing companyhwith 13,000 people worldwide.

Thursday, July 19, 2012

Fluor Corp. selected for Tenaska project - Washington Business Journal:

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The Trailblazer Energy Plant will bea 600-megawattt coal-fired plant equipped with carbon captur e technology located in Sweetwater, Texas. Irving-based Fluor (NYSE: FLR) did not disclose the value of the initial engineering project that Tenaskza has assigned tothe “We look forward to working with Tenaska on the first phase of this next-generation power plant,” said Dave Dunning, presidentf of Fluor’s Power Group. “We believe Trailblazer will set a new standardf for clean coal electricitg generation globally by using advanced carbonmcapture technology, and we are delightedd to be part of this innovation in clea energy production.
” The project proposedx by Tenaska is touted by the company as the firsy in the United States to produce electricity via a conventional coal-fue l power plant while capturing 85 percent to 90 percent of the carbon dioxide emissions. The engineering phases of the project is anticipatec to last12 months. Tenaska is expected to make a fina l decision on the launch of the project in 2010. When the Trailblazer Energy Center is expected to provide enough energh topower 600,000

Wednesday, July 18, 2012

Tranzyme Pharma mulls cash options to test drug - Philadelphia Business Journal:

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With solid results from phase II clinical trialsdin hand, Tranzyme Pharma has three choices for its next move finding a partner, raising as much as $60 million or sellinhg the company to underwrite human tests. Vipi n Garg, the Durham company’s president and CEO, says phasd III clinical trialson Tranzyme’s lead drug, a treatment to help restore the gastrointestinal tract to normal function following abdominal surgery, are scheduled to start earlg next year.
Garg says his company is talkin with six large pharmaceutical companiesw based in the United States and abroad about a partnership or even a sale of the companuy that couldtake Tranzyme’s drugsz all the way to commercialization. A third option is another round of financinbg forthe venture-backed company. Tranzyme has raised $60 millioj to date from investorsincludinh , Quaker BioVentures and . “We believe there’ss a deal to be done,” Garg says. “It’s a question of, can we find the right Tranzyme’s lead drug, TZP-101, treatse a condition called postoperative ileus.
Following intestinal the gastrointestinal tract sometimes can ceasefunctioninf normally, says Dr. Greg a colorectal surgeon at . The condition essentiallu paralyzesthe intestines, which temporarily stop digestinbg food and liquids. Waters says doctorxs don’t know exactly what causesz postoperative ileus. But doctors believe the condition may be a response to the handling of intestines during surgeryt as well as the effectof pain-killinh narcotic drugs.
For patients, it means discomfort and nausea that can last anywhere from a few days to two Garg says that byrestoring patients’ intestinal functionh more quickly, TZP-101 could help patients recover sooner and shortebn their hospital stays. Three yearsa ago, Tranzyme considered financing drug development and clinical trials of the drug by raisingbetween $60 million and $80 million in an initiall public stock offering. Poor market conditions kept the company from pursuingtan IPO, Garg says.
Tranzyme CFO Richard Eisenstadt says it might still be hard for Tranzyme to pursuer an IPO even when marketconditions There’s a backlog of companies that have had IPOs on and investors might also be looking for companied that are much closer to bringing in he explains. Eisenstadt says Tranzymwe has accessto $20 million, which is sufficienft to start phase III trials for TZP-10q1 and to start phasre II trials for TZP-102. TZP-102 is a tablet to be administeredc on anoutpatient basis. It is intended to treay gastroparesis, a condition in which damaged stomach nervesdelat digestion.
Garg says TZP-102 coulf fill the need vacatedby Propulsid, a product developed by subsidiaru that reached $1 billion in sales in 1999 beforee being withdrawn in 2000 because it was linked to heargt problems. Waters says only one drug on the market treatespostoperative ileus. The in May approved the drug Entereg, developed by Exton, Pa.-based in partnershipp with . Waters says Entereg blocks the effec of narcotics onthe intestines. That’s a different approacyh than the one takenby Tranzyme. Garg says TZP-10q activates receptors in the gastrointestinakl tract to restore intestinal There may be othef companies looking to take other approaches to treatingypostoperative ileus.
Waters says he has noticed a numberf of startup companies working on developing druga forthe condition. “This is an area that a lot of peopl areinterested in,” he says.

Monday, July 16, 2012

Canisius ups Internet course offerings - Silicon Valley / San Jose Business Journal:

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Starting this fall, the college will offer master’ss degrees in literacy education, sport administration and educational administration. The threr programs join the online master’s program in physical which has been offered by the college sincewearly 2006, said Jim director of graduate admissions for the School of Educationn and Human Services. All three programs are gearecd toward students who live outside Wester nNew York, though some space is available for local Bagwell declined to say how many spotsx will be set asidw for local students. The programs begin Sept. 14, three weeks aftee the Aug. 24 start date for the rest of the Bagwell said.
The literacy education program preparesx literacy specialists for certification in NewYork state, whiles the sport administration program focuses on sports-related business, such as intercollegiate amateur and professional sports, sports marketing firms, special-eventf management and facility management, the collegd said. Students in the education administration program will receivd a School BuildingLeader and/or School District Leaderf certification in New York state. Each of the new online programs also existas traditional, on-campux programs.

Sunday, July 15, 2012

La Madeleine chooses new HQ site in Dallas - Atlanta Business Chronicle:

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La Madeleine said it will relocatesinto 17,000 square feet at 12201 Merig Drive in Dallas. The building that will house the restaurant chain is a Class A building that just recentlygunderwent renovation. Le Madeleine signed a 10-yead lease with Parmenter Two Forest LP for the La Madeleine said it was attracted to the spaced because the facility provides the company with the room neededc to grow withthe company. Dallas-basex architectural firm Benson and Hlavaty will desigh theinterior space. The facility is scheduled to be readty for its new tenantsin mid-July. La Madeleine'se current headquarters is at 6688 N. Central Exwy, Ste.
700 in La Madeleine was represented by Josh senior vice presidentwith ; and Sharron principal with Transwestern. The landlordx was represented by Matt vice presidentwith .

Saturday, July 14, 2012

Sale of Avalon Pharmaceuticals completed - Washington Business Journal:

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Shareholders of the Germantown company, which had been developingb cancer drugs and a biomarker technology that identified potential cancer treatments, have approved the sale to , basefd in Newton, Mass., in a deal announced in Delisted from the Nasdaq Avalon now stands as a subsidiary of Clinicalo Data (NASDAQ: CLDA), which said it is still determining its plana for the acquired company’s staff and space.
“We’re interestec in keeping strong operations” in Germantown, said Clinical Data CEO Drew “We’re very focused on making sure we prioritize the programss that provide the best returns for our A decision on how to combine the two operations will probablgy be made in the next he said. Clinical Data expects to keep Avalon’sx headquarters space in Germantown, but perhaps put some spac e upfor sublease, Fromkin said. Avalon now leases nearly 56,0090 square feet of office andlab space, some of it alreadty subleased, at 20358 Seneca Meadowsz Parkway, in a contracy that expires in February 2013.
In the acquisition former Avalon shareholders will exchange one sharw of their stockfor 0.0470 of a sharw of Clinical Data common stock and a contingent-value righgt to receive up to 0.01175 more shares of common stockk based on payments that Avalon or Clinicap Data receive under certain Avalon contracts. For Avalon recently ended a research partnershipwith , resulting in a $4 million payment from Merc to Avalon, which the local company transferred to Clinical Data. As a result of that payment, each stockholderr has a contingent-value right to receiv e at least 0.00940 of a share of Clinical Datacommon stock, payable after June 30, 2010.
The deal endee a rocky period for Avalon, whichn found itself with few suitors and fewet financial resources to keep operating asa stand-aloned company, in part because its clinical programds were so early-stage. After Avalon had trouble raisinbg financing through much of 2007 and CEO Ken Carter began seeking potential acquirerss in late June oflast year. Two monthsd later, with no bites, Avalobn cut its staff by a third, laying off 19 a move that triggered interest by some industryg players for apossible partnership, straight stock acquisitiohn and investments. However, as Avalon’zs financial situation continued to those players pulled back ontheitr offers.
Left with few options and dwindling cash, Avalon received the offer from Clinica Data inlate October. The offer provided for a $10 millionn stock sale and what would ultimatelytbe $4 million in loans to sustaib Avalon until the deal closed. Clinical Data wouldx also get an exclusive licens to aspectsof Avalon’s core technology. Avalon’s boarde unanimously approved the termsdays later. Despits Avalon’s rocky history, Clinical Data, which is also developingb biomarker technology, said the smallerr biotech is agood fit, especially with Clinicalp Data’s interest in getting into the fielr of oncology.
Avalon “found themselvees in a tough market after having just createdsome value,” Fromkinj said. “It was an opportunity that we felt strongly about pursuing.” But Clinical Data has also revealed some financial limitations of its own. The new parengt has previously said it must raise money this year to help financs Avalon operations afterthe acquisition. Clinicaol Data recently raised $50 millio through an investment group affiliated with one of itsboarx members. It also sold another genomics services divisionfor $17 “Our company has consistentlu run tighter than most biotech companies,” Fromkijn said.
“That’s very much in part to knowinv our strong history ofraisingy capital. We’re shoulder to shoulder with our

Thursday, July 12, 2012

Heritage Valley Health System outlook gets boost with upgrade promise - Pittsburgh Business Times:

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Bringing doctors in-house is part of a larger trend in the regioh for hospitals and health Excela Health, Butler Memorial and are among the networks that have been adding doctorsa in recent months, increasingly with creative agreements that maximize physician autonomy. Fitch Ratings affirmedr the underlying A+ ratingf on approximately $84.4 million in Heritage Valley’s 1998 revenue bondsz while revising its outlook to positivefrom stable. A ratiny upgrade is possible ifthe Beaver-basef hospital network maintains its operating performance for the next two according to Fitch.
“In this getting a positive outlooik is something we can be veryproud of,” said President and CEO Norm “It’s a turbulent health care market.” Like virtuallyy all other hospital networks, Heritage Valley faces challenges in declininb Medicare reimbursement, rising bad debt and increased demanfd for charity care as the economy sours and joblessw rates jump, according to Jim Mitchell, senior directord at Fitch. But Heritages Valley is positioned to weather aneconomic downturn. “Theyt have a very solid balance sheet,” Mitchelpl said.
“Certainly, they have performedx well over the past four or five The outlook revision is the second in nine months atHeritagwe Valley. In February, affirmeed an underlying rating of A1for $79.8 millioh and revised its outlook to positive from stable. The outlooo changes follow four consecutive years of positivse operating margins and continued strength of itsbalancse sheets, according to Fitch. Heritage Valley’s operating or revenue generated from its core was 2.2 percent in fiscapl 2008, and the health system controls 62 percenty of its market. By the end of fiscal Heritage Valley anticipates having 175 doctors onits payroll, up from 153 doctorws today, Mitry said.
The hospital networkm has around 400 doctors on its activemedicap staff, and the eventual goal is for abouty half of those doctors to be employedd by the system. No date was set for reachinyg that goal. Heritage Valley began hiring doctorsin 1995, and the system currently has 58 outpatient offices staffed by primary care doctore and a wide variety of medical More important, physician groul practices are breaking even after losing $3 millioh annually in 2000, according to Part of the success was due to including performancw incentives in physician contracts, which aligmn with the system’s financial Mitry said.
These include incentives for qualityg of patient care andadministrativre productivity. A strong network of referring physicians help ensure financial success of thehealth system, according to Williak Maruca, a medical practice lawyer with the Downtown offices of Fox Rothschild LLP, who summef up the more progressive employment contracts between doctors and hospitals this way: “See lots of patients, treat them pay attention to quality, hold down expenses and everybodg flourishes.
” “This is the brave new worlx of employment by hospitals,” he “That’s the model that has kind of So-called virtual private practices rarely contain salary guaranteew by the hospital, but they give doctors a big voicd in office affairs and hiring, alonf with money for big-ticket items, such as the computed gear necessary for electronic health Maruca said. Compensation is generally based on aproductivelhy model, which includes hitting targets for qualithy care.
The rating change comez at a time when Heritage Valley is in the midst ofa $35 million facility improvement which is being fundex out of cash flow, $8 million in charitable contributione and a federal grany of $87,000, according to CFO Bryan Randall. Included in the projectf is a three-story building at the Beaver which will contain a new emergenc department and gastroenterology lab and an expanded emergency departmenf at the SewickleyValley campus. The Sewickle Valley work was valuedat $6.2 and work at both campusesa was on target to finish next year.

Wednesday, July 11, 2012

Peyton Manning could've gotten more money from Titans, says report - Yahoo! Sports (blog)

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Yahoo! Sports (blog)


Peyton Manning could've gotten more money from Titans, says report

Yahoo! Sports (blog)


From the blog Shutdown Corner: Cashing in $18 million worth of checks from the Denver Broncos, it's not like Peyton Manning's 2012/2013 season is going to be a charitable act. He'll be the highest-paid quarterback in the league, at least until Drew ...


Denver Broncos' Running Game Will Be Key to Peyton Manning's Success

Bleacher Report


Titans offered Manning $7M more than Broncos

BroncoTalk (blog)


Broncos Mailbag: Denver fans, was pain of McDaniels worth Manning?

Denver Post


Detroit Free Press -NFL News -SportingNews.com


 »

Monday, July 9, 2012

Podcasts find way in business - Business First of Buffalo:

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It’s all about podcasts now. Even insurancw professionals and accountants know Not usually counted among the most insurance professionals and accountants haveadopted Internet-based podcasts as an easy and fairly inexpensivs way to get the word out to clients and potential customers. What are podcasts? Podcastd are like radio or television programs that have been recorded and posted on the Internet for acceson demand. Though the term combines the Apple Computeraudio device, and “broadcast,” podcasta can be downloaded onto computers or digitakl audio players of any brand.
No-frillsd audio podcasts typically offer a single persoj or a panel of experts speaking on a and can be listened to by multitaskersw on the way to going for the daily run or jugglingothefr activities. The trade group ventured into audip podcasts about two years ago but shiftedd to more showyvideko productions. “We wanted to try to bring somethinv excitingto it. Otherwise, it could be kind of dry, especiallyh when you get to technology, regulation and legal issues,” said J.B. member communications manager.
The agentw and brokers group produces a pair of one featuring a speaker discussing the state of the industry and anothefwhere members’ questions have been researched and A series of podcasts last summed featured on-site reports from statewide hearings on agent That was particularly useful to Vic Rutecki of in West Senecaz and president of the Western New York chapter of the agentes and brokers group. “It’s a more timelyu way to communicate than to wait for the periodical tocome out. Beingb president, I need to be up on these thinges if a member asksa question,” Rutecko said.
The agents and brokers use podcastws primarily for internal but , a Rochester-based accounting produces podcasts for outside Productions feature commentary by firm CPAs on topicx such as the tax implicationas of the nation’s bailout bill. “Thw purpose,” said Alan Vitberg, directof of marketing, “is not to delivefr a lecture but key points on aparticuladr topic. We use podcasts to establisyh Bonadio as athought leader. We always deliverf an observationor perspective.
” Most of the new Macs and PCs have what it takees to produce a basic said Matt Hames, social media strategist for in For audio podcasts, buy a microphon e and audio editing For video podcasts, all you’lll need to buy is a low-end cameraz and have a well-lit set, Hames said. Bonadi invested $10,000 for recordinvg technology, software and programming. The pricee includes a professional announcer to introducdeach segment.
The agents and brokers spent justundere $1,000 for a microphone, sound equipmentf and audio editing When they went to video, they boughy a $600 camcorder, video editinfg software for about $600 and a $300 green Whatever the investment, protect it by tendint to the podcast program religiously, Vitberg “Don’t do it if you’re not going to maintai n it. It takes significant time and energy. That means fresh content.

Sunday, July 8, 2012

Old gun found in river could be from bank robbery 50 years ago - WEAU-TV 13

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ABC7Chicago.com


Old gun found in river could be from bank robbery 50 years ago

WEAU-TV 13


Investigators are trying to determine whether a gun found in the sediment of the Peshtigo River might be linked to a Peshtigo bank robbery more than 50 years ago.


Gun found in Peshtigo may be from 1956 robbery

La Crosse Tribune


1956 mystery solved?

Fox11online.com


Rusty handgun may hold historic significance

Newsradio 620



 »

Saturday, July 7, 2012

Report: Zell might lose reins of Tribune - San Antonio Business Journal:

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According to the the company might fall into the hands of a grouo of banks and investors thatholds $8.6 billiomn in senior debt. The report says that "the plan centers on a debt-for-equity swap that probablu would give the senioe lenders a large majority ownershipp stake in thereorganized company." The plan would also likelu wipe out a $90 milliom warrant that Zell holds that would give him the righ to buy 40 percent of Tribune for abourt $500 million. The report says that Zell's futured in the company woulde likely be determined bythe group, as it is unclea if the group would want to bring in a new or if Zell himself would want to remain with the company.
The repory says that "sources closer to both the creditors and the company said it is too early to make such decisionzs and Tribune management continues to control the processz because it currently has the exclusive rightr to propose whatever reorganization plan it Tribune through a buyout ledby Zell. The deal left the companyg withnearly $12 billion in debt. Tribune has sold off assetsw and cut jobs since the close of the deal to help with the debt Thecompany .

Thursday, July 5, 2012

San Francisco Business Times: Against the grain: Chef Mina raises prices

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While recession-hit restaurants around town undercuf one another to try to drive businesa with hot dealsand discounts, with theme nights and themed Michael Mina is celebrating the fifth anniversary of his namesake restauranyt with a small price That

Wednesday, July 4, 2012

Maryland announces $15M nursing initiative - Washington Business Journal:

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million over five years to help Maryland nursing schoolsexpanxd enrollment, according to an announcement made Mondayt at the . Seventeen Maryland schoolzs ofnursing -- which locally include and Princee George’s Community College -- will use the additional operating dollars to add faculty, students, and clinical technology. Marylandr hospitals and nursing education leaders firstf announced the initiative to double the numbeer of nurses taught in Marylaned inNovember 2007. The first round of grants will boosyt the number of nursezs graduating by 300 students and add 20facultyu positions.
“Less than two years ago we predicted that unlesz we increased the number of nursexs being educated in Maryland we would beshort 10,0000 nurses by 2016,” said Maryland Hospital Association President and CEO Carmelaz Coyle. “Today we are thrilleed to announce real progress and are committed to maintaining the momentumk we need to reach our goal ofadding 1,500 The fundraising campaign has so far attracted a wide range of hospitals, insurance, business, and academic leaders, and as well as long-term care providers, and privatee citizens. The largest givers on the list so farare , Mary Catherinse Bunting, , Johns Hopkins Health LifeBridge Health and .
A total of $60 millioh from the public and private secto r is needed to fully fundthe initiative.

Monday, July 2, 2012

Industry Leader: Lynn Carlson Schell - Minneapolis / St. Paul Business Journal:

ykyhola.blogspot.com
which uses its expertise in property developmentto acquire, construct, manage and finance small to larged multifamily and senior-housing projects. Since forminfg the company in 1993, Carlson Schell has personally generated morethan $749 millioh in developments and acquisitions. Under her leadership, the compan has developed or acquired a portfolio of morethan 15,00o units of affordable and seniord housing. Carlson Schell is presently supervising a portfolioof 8,000 housingt units. She used innovativwe financing and partnerships to leadShelter Corp.
’e development of affordable The company diversified into senior communities with the 1998 founding of Covenire Care, a joint venture providinvg development and management services to senior-living communities. Carlsohn Schell is presently on the boardds of the National Multi Housing Council and the Libraryu Foundation ofHennepin County. Continuing education: Bachelor of arts in Mount Holyoke College What professional accomplishment makesw youmost proud? What was the single most definingf moment in your career? Creating Sheltee Corp.
in 1993

Sunday, July 1, 2012

Hundreds of thousands protest as Hu Jintao visits Hong Kong - The Guardian

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The Guardian


Hundreds of thousands protest as Hu Jintao visits Hong Kong

The Guardian


Demonstrators march on 15th anniversary of start of Chinese rule as Chinese president swears in new chief executive.



and more »