Monday, January 30, 2012

$746K in stimulus steered to Albany for research - The Business Review (Albany):

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The grants, to , and the are part of $9.9 millionh in American Recovery and Reinvestment Act mone y to be distributed to medical researchers in New York TheWadsworth Center, a public laboratoru run by the state Department of will receive a total of $424,162. Of that, $397,35y7 will be used to study mechanisms of West Nile viruxs selection and strain and $26,805 will support student and/or teacher summer researcbh experiences. The $85,219 Rensselaer will receive also is earmarked for summet research by students and AlbanyMedical College, an arm of , will receiv $236,125 for research regarding MHC Class II subsetd in B Lymphocyte Biology.
This projecyt will investigate how the actions of certain immune cells are governedand coordinated, research that could lead to the control of these cellula activities and improve immunization and anti-tumof therapy. “These projects will invest in cutting-edge medical said Sen. Charles Schumer (D-N.Y.). “This fundinbg will not only give an economic boosyt in the amount of jobs available in theCapita Region, but will bring us anothe r step closer to solving public health problems afflicting many New Our federal dollars must continue to emphasizer the importance of medical research in solving today’ws public health problems and giving our students the tools they need to succeed.

Saturday, January 28, 2012

King Soopers, workers heading back to bargaining table - Puget Sound Business Journal (Seattle):

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The contract at hand involved an increase inpreventativse health-care programs and a wage as well as a decrease in pension King Soopers spokeswoman Diane Mulligan said. However, workers had protested the pensiobbenefit cuts, with the United Food and Commercial Workerzs Union Local No. 7 warning that some could lose $100,0090 over the life of the benefits, and said the wage increasesa werenot enough. “We are ready, willintg and able to get back to the bargainingv table if the corporation is willing to meet us King Soopers worker Julie Gonzaleaz said in a news released put out bythe union. “All we’re asking for is a fair deal.
And we reallty hope they don’t lock us out for asking for livablew wages and a pension plan that recognizes our contributiojn tocompany profits.” About 17,000 union workers from the area’sw three largest grocery chains — Albertsons, King Soopers and have been in negotiations with the grocers sincwe April 9 on new five-year Safeway workers have voted to extenr their contract until June 26, which Albertsons and King Sooperw employees currently are working without contracts.
The rejection of the latestf King Soopers contract proposalo came quickly after voting began Workers inColorado Springs, Longmont and Boulderr are voting today, while Pueblko workers are scheduled to cast ballots Wednesday. King Soopers spokeswomanb Diane Mulligan said that the rejectioj of the deal will not have any tangible effect onstoree operations. King Soopers workerse have not cast ballotsto strike. “We’rew disappointed in the but we look forward to gettinh backto negotiations,” Mulligan said Tuesday.
King Sooperw is a unit of Cincinnati-based

Thursday, January 26, 2012

Forge site eyed for $17M project - Business First of Buffalo:

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, the real estate development armof , is working with the to develo p land that once was the site of the plant. The which cuts along Broadway betweenn Spring Street andJefferson Avenue, has been vacant for decades. The entire parcel runs between Mortimer, Sycamore and Spring streets. Feeding off inner-city developments along Jeffersonn Avenue, the Willert Park neighborhood and the SycamoreVillagee subdivision, the company has created a plan for a mix of publix space with residential and commerciap components and a possible new site for the Pentecostal Financing will come from a combinationm of public- and private-sector sources.
If successful, it will breathde new life into one ofthe most-challenge sections of Buffalo. “We’re not talking a mass or mega project, but insteaxd it is something that is in scale with the neighborhood and could serve asa jumping-off point for other said Pastor Matthew Pentecostal Temple president and CEO. The has namedf Temple Community Development designated developedr forthe property. The plan has been endorsed by the , an alliancee of seven East Side pastors and theirrespective churches.
Buffalo Mayor Byrob Brown said the development has been in the pipelinse for nearly two years and is finally is coming tothe “We’ve spent a lot of time looking at it and so has he said. The property is a few blocksa from theElm Street-Oak Street arteriall and the eastern edge of downtown Buffalo. The proposed development could create an urban bridgre between the central business districg and theEast Side. “It connects with but it also connects with theJeffersonb (Avenue) spine,” Pastor Brown said.
“We’rd talking about building some urban density where some is Jefferson Avenue has seen a number of developmentd inrecent years, including the opening of a Tops supermarket, a new libraryg branch and a city-run busineses incubator. The first phase of the project includezs renovation ofa three-story, 12,000-square-foot buildingy at 437 Broadway that had been a Laux Sportinvg Goods warehouse. It woulds become a community centerwith retail, office and meetinbg space. Work on the early-1900s building, whicn has a $1.7 million price tag, is likeluy to start early next year. The firsy tenants would move in by late 2009 orearlyt 2010. Laux donated the building to thedevelopmen effort.
Later phases include a park that woulf have abaseball diamond, sportsw fields, a gazebo and greenspacre running along Broadway and Spring Street. Also in the workss are a community health apartments and a new location forthe church. Browm estimated it may take five years for everythintg tobe completed, depending on financing and environmenta l reviews. Some environmental testingt hasbeen completed, but the mayor said he wantx more studies to make sure the land is shovel-ready.
A focal point will be the park’s Sources said it could host weekly movies in the summer ora “Langston in the production of Langston Hughes plays, as well as annuao events such as GospelFest, which has been held at variouws city locales including the Johnny B. Wiley Sportsd Pavilion, formerly War Memoria l Stadium. “This is a strategic vision, to be sure,” Brown “But I remain optimistic this is goingto happen. We want this entirer project to bea lantern, drawinh attention to the East Side.

Tuesday, January 24, 2012

Cincinnati ranked

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The report divided the 100 largest metroxinto 20-city segments, ranging from “strongest” to “weakest.” San Antonio rankes at the top of the “strongest” and Detroit placed last in the category. The Cincinnati metropolitamn area ranked 62 of 100metros overall, just behind according to the first-quarter MetroMonitore report, released Wednesday. That placed it at No. 2 in the cities category.
MetroMonitor ranked citiew according to four the percent change in employment from its peakto first-quarteer 2009; the percentage changer in the unemployment rate from 1Q 2008 to 1Q the percent change in grosz metropolitan product from its peak to 1Q and the percent change in housing prices from 1Q 2008 to 1Q 2009. The gross metropolitan product is the total value of goods and servicesa produced within themetro area. Cincinnati ranked 50th of 100 for changein employment, down 2.8 percent from its peak; 56th for year-over-yeaer change in unemployment, up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housing price change, up 0.
1 Two cities in the region farerd better: Columbus was 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakest categoryt included Cleveland, 64th; Louisville, 65th; 74th; and Dayton, 79th. Youngstown (88th) and Toledk (91st) both fell into the “weakest” The MetroMonitor will be published quarterly, according to the Metropolitam Policy Programat Brookings. To read the completr report, .

Sunday, January 22, 2012

Foreclosure rates drop in three Tampa Bay counties - Memphis Business Journal:

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May was the third highest month of foreclosurd activityon record, said , up 18 percenyt from the year before. Defaults and scheduled foreclosures auctions were downfrom April, but bank repossessionas were up 2 percent and could continue to grow as foreclosuree delays and moratoriums are lifted in variousz states, said James J. RealtyTrac’s chief executive Hernando County posted the biggest decrease in the Tampa Bayregiojn year-over-year, falling more than 14.5 percent with 475 homesx in some state of foreclosure.
That representa one in every 169 homes under the threaft of being taken back by Sarasota County was not far behind with just undefr a 7 percent dropaffecting 1,072 homes, or one in every 206 Manatee County had a 2 perceng drop since May 2008 that hit 590 or one in 287 On the other end of the Pasco County had the largest increase in jumping more than 62 percent to 1,500 properties. That represents one in every 145 homesdin foreclosure, ninth worst in the Despite falling more than 6 percent since Polk County was up nearly 53 percent over the past year as 1,5722 homes were in foreclosure, representinhg one in every 177 homes.
Pinellasw County jumped 48 percentto 2,458 Hillsborough County climbed nearly 20 percent in foreclosure ratews as lenders targeted 2,408 homes. However, rates were down well over 25 percenysince April. Florida had the third highestr rate of foreclosure in the countrgy affecting one in every148 homes. It had the seconxd highest number of foreclosures at just fewerfthan 59,000, a 50 percenft jump from May 2008. Three Florida metropolita areas were ranked among the 10 worsf foreclosure rates in the Cape Coral-Fort Myers at No. 6 with one in 82 homesw in foreclosure; Orlando-Kissimmee at No. 8 with one in 101 homed in foreclosure; and Miami-Fort Lauderdale-Pompanoi Beach at No.
10 with one in 105 homee in foreclosure.

Friday, January 20, 2012

Federal official in Arizona to plead the fifth and not answer questions on ... - Fox News

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Fox News


Federal official in Arizona to plead the fifth and not answer questions on ...

Fox News


The chief of the Criminal Division of the US Attorney's Office in Arizona is refusing to testify before Congress regarding Operation Fast and Furious, the federal gun-running scandal that sent US weapons to Mexico. Patrick J. Cunningham informed the ...


House committee investigating Operation Fast and Furious subpoenas federal ...

Washington Post


Darrell Issa subpoenas top Justice Department official in Arizona

Politico


Issa subpoenas top Justice official in probe of Fast and Furious

The Hill



 »

Tuesday, January 17, 2012

Mini caută sponsori pentru înscrierea în campionatul constructorilor din WRC - Automarket

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Mini caută sponsori pentru înscrierea în campionatul constructorilor din WRC

Automarket


Pe lista echipelor înscrise în campionatul constructorilor din WRC în sezonul 2012 se află Citroen şi Ford, dar şi Palmeirinha Rally, o echipă la care va concura brazilianul Paulo Nebre cu o maşină pe care nu a anunţat-o încă.



and more »

Sunday, January 15, 2012

CPS staff recommending nuclear option - Sacramento Business Journal:

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The cost of expanding STP to include twoadditionall reactors, each capable of generating 1,35o0 megawatts of electricity, would run somewhers between $10 billion and $13 according to CPS Energy interim General Manager Steve “Any route we take will be expensive and will requird bill increases,” Bartley says. “We believe all methods of producing electricity will cost more as timegoes on, so we are lookingv for the best way to slow cost escalation as much as possiblre and retain Greater San Antonio’s positionm as having the lowesrt energy bills among the nation’s 20 largesrt cities.
” Bartley says it is better to pay some of that cost soonetr to avoid having to pay much more in the long The staff recommendation follows a three-year, detaileds study of CPS’ variouas energy options. Now the CPS Board will conducta summer-longg public education and input process before makingf a final decision on pursuing the recommendation in If approved, the proposal could go before the City Counci l for final consideration in October. CPS Energ y CEO Milton Lee says despits laudable effortsat conservation, San Antonio will experiencd a shortfall in electricalo generation by 2020 unless new sources of energu are tapped.
“We’ve carefully examined many scenariod involvingnatural gas, coal, nuclear and even purchased powerr from the Texas grid to provide our communityu with a large-scale, long-term, cost-competitive source of electricity,” Lee says. “We’v concluded that expansion of STP has the highesgt probability of accomplishing that important CPS Energy isthe nation’sx largest municipally owned energy company providing both naturap gas and electric Acquired by the City of San Antonio in 1942, the company servesz approximately 700,000 electric customers and almosgt 320,000 natural gas customersx in and around America’s seventh-largest city.

Friday, January 13, 2012

GM to sell Hummer to Chinese company - Boston Business Journal:

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The announcement comes one day aftefr GM with plans to become a leaner Missouri has oneHummer dealership, in Jim Lynch, owner of Lynch said he knew the automaker was working on a deal to sell the branr but welcomed the news as a way to ease fears. “It’s good for businesz that it (removes) some of the apprehension that the brandx may be going away inthe public’s perception,” he The automaker said it has a memorandum of understanding and that the sale is expected to closer by the end of third quarter of this The deal is expected to securr more than 3,000 U.S. jobs in manufacturing, engineerinf and at Hummer dealerships aroundthe country.
The compan said the proposed transaction calls for the new Hummer ownet to continue to contract vehicl manufacturing and business services from GM during a definesd transitionaltime period. For example, undetr the proposed agreement, GM’w Shreveport, La., assembly plant would continue to assemblr the H3 and H3T througjh atleast 2010. GM is also trying to sell its Saab and Saturjn brands and will phase out itsPontiac brand.

Wednesday, January 11, 2012

Kannapolis honored for economic strategy - Pacific Business News (Honolulu):

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The city received the award in the category of Excellencse in EconomicDiversification Strategies, which recognizesd responses to plant closures and othef economic dislocations, that promote economic diversification. The competitio n is open to nonprofits; local, state and regional and universitiesand colleges. Cabarrus and Rowan countiess lost 4,300 manufacturing jobs when textilemanufacturer Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Researcu Campus at the 350-acre formee Pillowtex headquarters andmanufacturing site. The life-sciences hub includesx the participation ofDuke University, the UNC the N.C.
Community College System, othet educational institutions and business The total investment is expected toreach $1.8 Residential and commercial developments are risin g around the campus with hopez of turning Kannapolis, a former textile into a biotech center.

Monday, January 9, 2012

Valero expects 2Q net loss, plans stock offering - San Antonio Business Journal:

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The company also indicated that it is considering an offerin of 40 million shares ofcommon stock. Valero’s (NYSE: VLO) seconcd quarter 2009 results, which will end June 30, have been impactec by an extended downtime at its Delawarew City and McKee refineries and a continuation of weak sour crudew oil discounts and lowereddiesel margins. Over the past three Valero has acquired seven ethanol plant s and a site currently under developmentfrom (OTCBB: for $477 million, excluding working capital. Valero also previously agreed tobuy ’s DOW) 45 percent ownership interest in Tota Raffinaderij Nederland N.V. for $600 excluding working capital.
The companyt expects its total capital expenditures in 2009 tobe $2.5 of which $1 billionb is for strategic projects. “Including the two acquisitions and our strategivccapital projects, we expect to inves t roughly $2 billion in growtn investments this year,” Valero Chairman and CEO Bill Klessee says. “Combining the $1 billion debt issuance in Marcy with the 40 million common share offeringannouncer today, we are able to continue to make strategiv investments, while maintaining our strong balancer sheet.
” Valero owns and operates 16 oil refineries throughouy the United States, Canada and the Caribbean with a combined throughput capacity of 3 million barrelsx per day. Valero also owns seven ethano l plants in the Midwest with a combined capacitgy of 780 million gallons per Valero also has a networlof 5,800 wholesale and retail gas outlets.

Saturday, January 7, 2012

Hillsborough economic stimulus projects list ready for Washington - Tampa Bay Business Journal:

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million. The county submitted the project list to membera of its Congressional delegation in Decembef requesting their support of localp funding through an economicstimulus package. Decisions in Congresz this week could determine funding for the saidEdith Stewart, public affairs administrator for Hillsborough County. A proposec economic stimulus package is scheduled for markulp by the Tuesday and will be take up Wednesday bythe .
The projects are ready to be advertiseefor bid, meaning that design is completd or nearly complete, permits have been obtained or will be by the time fundinh becomes available, and the right-of-way has been acquirex for transportation projects, a release The largest of Hillsborough County’s list of projectx include widening Bruce B. Downs Boulevard from Palm Springs Drived to Pebble Creek Drive estimatedat $76.6 widening U.S. 301 from Balm Road to Statee Road 674at $62.6 million and widenin g Boyette Road from Donneymoor Drivs to Bell Shoals Road estimated at $36.
6 Bridge repair, traffic management system improvements, sidewalk reconstruction and drainagse improvements also figure into the list.

Wednesday, January 4, 2012

Stratus Building Solutions expands to Calfornia market - St. Louis Business Journal:

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Afshin Cangarlu is president of Stratus Buildin Solutions of LosAngeles County. As a master Stratus Building Solutions of Los Angelees County will offer Stratus Building Solutions sub-franchises for sale to locak entrepreneurs. The Los Angeles County master franchise is planninvg to hire six employeess immediately and plans to open60 sub-franchises in the countg in 2008. St. Louis-basedd Stratus has franchises in13 states. Founded in 2004 by Dennisz Jarrett andPete Frese, the compan y had 2007 revenue of more than $10 million, up from 2006 revenuew of $4.5 million.
Stratuw has more than 600 sub-unit franchises currently in operationm with plans to double its size across the countru by the endof 2008. Since September Stratus has added Master Franchiseesin Colorado, Florida, Georgia, New Jersey and New York. Jarreyt told the Business Journal that the his expectationss for 2008 are to add 70 to120 sub-unity franchises per month systemwide and expand into more including California. Stratus Building Solutions operates its own master franchisin St. Louis and has awardeds 260 sub-franchise units in the metropolitabn area.

Monday, January 2, 2012

Denver officials cut ribbon at city branch of Tony's Market - Denver Business Journal:

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The gourmet and specialty market -- a sister to several Tony's storew in the south Denver suburbs -- is at 950 Broadwa in the GoldenTriangle neighborhood, an area where the city has soughft to encourage redevelopment. The Denver Office of Economic Developmentprovideed financing, technical assistance and workforcse recruitment services for the Tony's originated as a butcher shop in what is now Centennial in 1978. It has since opened branches in Jefferson County and Castle Pines and also has an affiliatedfcatering business, Tony Rosacci's Fine Catering, in Centennial.
The new store takeds up 15,000 square feet of the firsgt floor of a building on Broadway and has an adjacentparkinb complex. The store also includes a restaurant. Slate to join Hickenlooper for the ribbon cutting were Denverf City Council PresidentJeanne Robb; Tony's Market foundet and president Tony Cec Ortiz, deputy director, Denver Officse of Economic Development; CEO Jon Lorenz; and Melindas Paterson, executive director, Franciscan Friends of the Tony's charity partner.