sucujovide.wordpress.com
Using trackers called “web third parties collect user data from many populatweb sites, and sites often allow even though their privacy policies say they don’ft share user data with others. “Web bugs from Google and its subsidiaries were found on 92 of the top 100 Web sitesx and 88 percent of theapproximately 400,0000 unique domains examined in the study,” the authors found. Sites with the most web bugs were forbloggin — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Google itself was No. 3. Ashkan Soltani, Travias Pinnick and Joshua Gomez ofthe university’s information school wrote the study, published Monday.
They analyzed privacy policies posted on web sitesa and found loopholes used by many site operators to allo third parties to still collect data on whoviewzs pages. They also found, for example, that although web sitea may reassure visitorsthat “wwe don’t share data with third those third parties don’t includee a company’s affiliates — Google (NASDAQ: GOOG), for example, has 137 subsidiar y businesses. “The law on affiliate sharin generally ismore permissive” than that on sharinvg user data with third party companies, the repory said.
Companies controlling the top 50 busiest web sitesz had an average of 297 affiliates meaning they could share user data with a lot ofothert companies. Popular site , for is owned by New York’s NWS), which has more than 1,500 (NYSE: BAC) in Charlott e has more than 2,300 “Users do not know and cannoy learn the full range of affiliatese with which websites may share thereport said.
Though many Internert users are familiar with used to study theidsurfing habits, they are less familiar with so-called “web bugs,” whicu can’t be cleared out of a web since they are part of a web site’s HTML Since the web bugs are created directly by thirs parties, their use doesn’t strictly counyt as “sharing” of data by the web site’s owner, though usersa concerned about privacy may be unimpressedd by this technicality. “We believe that this practice contravenexs users’ expectations; it makes little sense to disclaij formalinformation sharing, but allow functionally equivalent tracking with third the report said.
Who's in charge of privacy? Although surveys of Internety users show peopleare “very concernesd about privacy and do not want websitew to collect and share their personak information without permission,” sifting through privacy policies is not It would take 200 hours a year for a typicalp person to read the privacy policiesx of all the web sites they visit, for example. Thus “userw have no practical way of knowing with whom their data willbe shared.” On the policy front, the report finds “no one knows who is in chargw of protecting privacy” in the United States.
Peoplre can complain to the Federal Tradre Commission andother agencies, but even the FTC’s “principles for behavioral tracking make no mentioj of any enforcement or A low number of complaints to variou s agencies means consumers don’t really know where to complain, the repor said. The FTC looks at online privacyh more in terms of doneto consumers, the report said, rather than also in termxs of control over personal information, which is what most users care The report makes severapl suggestions for improvement, including more aggressive action by the FTC to protectg online privacy.
It also calls for clearer privacy policiea onweb sites, written so that averagwe users can understand them. ’s ADBE) privacy policy, for when analyzed for readability, was written at an equivalentf grade levelof 17.29. The averages privacy policy in the study was written at a gradse levelof 13.83. The full study can be foundd .
Thursday, November 29, 2012
Tuesday, November 27, 2012
Termini acquires AM&A's warehouse - Business First of Buffalo:
grigoriynirim.blogspot.com
According to public documents filed late Thursday in the ErieCountu Clerk’s Office, Termini’s H@Lofts LLC paid $720,00o0 for the historic building. The building had been ownes by New HorizonsAcquisitions LLC, a Long Island-baser development firm. Termini is in the early stagexs of renovating theformer warehouse, partsa of which date back to the late into a mixed-use development anchored by 47 market-rate apartmentd and 15,000 square feet of office space. P&vB Acquisitions will occupy theoffice space, while Termini said he is compiling a rapidlh growing list of prospective tenants for the apartments.
Terminki will be investing morethan $11 million in the The building, which is being called the H@Lofts, is expectef to welcome its first residential tenants next In the meantime, Termini is talking with localk and state officials about incentive packages needed befored he can acquire the flagship AM&A's department storr building on Main Street from New Horizons. Terminui predicted the cost of renovating the buildingbetweenj $80 million and $100 million. He said it wouldx only be possible with a heavy influx of publif sector dollarsand support.
The developer said it may take him more than one perhaps as long as18 months, to secures all the necessary public-sector dollars he needs for the AM&A'as department store project. The former which has been closed sincr1995 -- save for a brief run as Taylor’s Departmenty Store -- will likely be used as a mixed-use developmenyt project, also anchored by residential
According to public documents filed late Thursday in the ErieCountu Clerk’s Office, Termini’s H@Lofts LLC paid $720,00o0 for the historic building. The building had been ownes by New HorizonsAcquisitions LLC, a Long Island-baser development firm. Termini is in the early stagexs of renovating theformer warehouse, partsa of which date back to the late into a mixed-use development anchored by 47 market-rate apartmentd and 15,000 square feet of office space. P&vB Acquisitions will occupy theoffice space, while Termini said he is compiling a rapidlh growing list of prospective tenants for the apartments.
Terminki will be investing morethan $11 million in the The building, which is being called the H@Lofts, is expectef to welcome its first residential tenants next In the meantime, Termini is talking with localk and state officials about incentive packages needed befored he can acquire the flagship AM&A's department storr building on Main Street from New Horizons. Terminui predicted the cost of renovating the buildingbetweenj $80 million and $100 million. He said it wouldx only be possible with a heavy influx of publif sector dollarsand support.
The developer said it may take him more than one perhaps as long as18 months, to secures all the necessary public-sector dollars he needs for the AM&A'as department store project. The former which has been closed sincr1995 -- save for a brief run as Taylor’s Departmenty Store -- will likely be used as a mixed-use developmenyt project, also anchored by residential
Monday, November 26, 2012
Sutter Health to postpone hospitals - San Francisco Business Times:
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Sutter CEO Pat Fry told top officialx March 20 thatthe Sacramento-based system is “reevaluating and reprioritizingg all capital projects and requests,” from large to small, and, “We are not goint to be able to complet e all of the capital projects that have been requeste (internally) according to the desired timelines.” Constructio n projects that haven’t yet started are on hold, Fry told the San Franciscoi Business Times on Tuesday, except for planning and entitlement work. He blamed the shakyu economy and expensivebond markets, sayingv “the cost of capital is probably three timesw what it was a year ago.
” that means prep work on huge Suttee projects like ’s proposed $1.7 billion Cathedraol Hill campus, ’s 11-story, $350 million new inpatient tower in Oakland and ’ws roughly $300 million rebuild in Castro Vallety will continue, but actual construction work will not, untill convincing signs appear that the economyh is improving and the bond markets loosening. The rebuild of in which is wellunder way, will not be Fry said it could take 18 to 24 months for Sutterd to complete the design, planning and entitlements procesas at Cathedral Hill, Alta Bates Summit and Eden, at which point, presumably, it would need to make a no go” decision.
Sutter’s planned $550 million new hospitalo in San Carlos will be delayed significantlyh bythe slowdown, and Sutted — like many other hospitalsa and systems statewide — is likelgy to have trouble meeting state-mandated seismi safety guidelines, which require that many rebuilds or retrofits be completede by January 2013. “The abilitgy to meet existing deadlines I do not believwe is feasibleany longer,” Fry said bluntly.
Meanwhile, Sutter’zs widely touted campaign to installan -based electronifc health records system at its hospitale and affiliated medical foundations such as the — whichg Sutter uses as a mechanism to employh doctors — is also slowing to a crawl. The IT installation, whose estimated costs have soaredfrom $500 millionh 17 months ago to nearlu $1 billion, will continue at and at severa of Sutter’s affiliated medical foundations, including the Physician Foundatioh at California Pacific Medical Center, the in Solanpo County and parts of the , Fry But after that, no hospital installations are on the bookxs for the rest of the and possibly considerably longer.
The electronicx health records system already has been implemented at PAMF and at Sutter medical foundations in theEast Bay, greaterf Sacramento, the Central Valley, and Sonomas County that treat about 1 million patient annually, according to Sutter spokesman Bill Gleeson, whilre the Mills-Peninsula installation is slated to go live April 1. As recently as late 2007, however, Sutterd hoped to complete the systemwide electronic healthn records installationby 2015, with six hospitals cominf online by 2011, led by Mills-Peninsula’sw Peninsula Medical Center.
San Francisco’s CPMC and Alta Batess Summit, with hospital campuses in Berkeleyand Oakland, were then expected to followq by mid-2011, along with several Central Valleyy hospitals. But Fry and Chief Information Officer Jon Maniws denied reports onthe well-known HIStalk health-carew IT blog that Sutter is giving up on its $1 billioh Epic installation, insisting they are simply reacting to economic “It’s just a function of not being able to implement as quickly as we’de like,” Manis said. Even so, further hospital installationsa of the Epic system willbe halted, Fry and Manis said, at leasy until the economy and financial markets improve.
“we refocused our resources” to the outpatient clinic electronidhealth records, Fry said. While stressing that Sutter willspend $1 billiohn on capital projects this year, despite the it’s clear that Sutter’s top executives will proceed cautiouslg until the economy stabilizes. Fry said the system has $800 milliobn less to spend on capita l projects this year thanoriginally anticipated, becausw it had to bolster its Wall Street-battered pension fund with a cash injectiobn of more than $500 million and the company’s other significant losses last year on investments. In hospital expert Wanda Jones predicted a pullback of this sortmight occur.
Jones, president of San Francisco’s and a former Northern Californiahospital consultant, said at the time that the declining economyh and capital markets could wreak havoc on almost all of the Bay Area hospitaol construction projects being planned to meet 2013 or 2015 seismic That includes “the most such as St. Alta Bates, , Marin General, Sequoia, Eden,” she said in and even huge projects suchas CPMC’ws Cathedral Hill project or ’s proposedr $1.7 billion Mission Bay women’s, children’ s and specialty cancer hospital. “Wes haven’t, quote, dropped any projects.
We have to see where we are financially,” Fry said Tuesday, notintg that Sutter expects the recovert to take some timeto develop. “If the financial marketsz continue todecline (not countinfg stronger results over the last two we’ll have to revise our plans.”
Sutter CEO Pat Fry told top officialx March 20 thatthe Sacramento-based system is “reevaluating and reprioritizingg all capital projects and requests,” from large to small, and, “We are not goint to be able to complet e all of the capital projects that have been requeste (internally) according to the desired timelines.” Constructio n projects that haven’t yet started are on hold, Fry told the San Franciscoi Business Times on Tuesday, except for planning and entitlement work. He blamed the shakyu economy and expensivebond markets, sayingv “the cost of capital is probably three timesw what it was a year ago.
” that means prep work on huge Suttee projects like ’s proposed $1.7 billion Cathedraol Hill campus, ’s 11-story, $350 million new inpatient tower in Oakland and ’ws roughly $300 million rebuild in Castro Vallety will continue, but actual construction work will not, untill convincing signs appear that the economyh is improving and the bond markets loosening. The rebuild of in which is wellunder way, will not be Fry said it could take 18 to 24 months for Sutterd to complete the design, planning and entitlements procesas at Cathedral Hill, Alta Bates Summit and Eden, at which point, presumably, it would need to make a no go” decision.
Sutter’s planned $550 million new hospitalo in San Carlos will be delayed significantlyh bythe slowdown, and Sutted — like many other hospitalsa and systems statewide — is likelgy to have trouble meeting state-mandated seismi safety guidelines, which require that many rebuilds or retrofits be completede by January 2013. “The abilitgy to meet existing deadlines I do not believwe is feasibleany longer,” Fry said bluntly.
Meanwhile, Sutter’zs widely touted campaign to installan -based electronifc health records system at its hospitale and affiliated medical foundations such as the — whichg Sutter uses as a mechanism to employh doctors — is also slowing to a crawl. The IT installation, whose estimated costs have soaredfrom $500 millionh 17 months ago to nearlu $1 billion, will continue at and at severa of Sutter’s affiliated medical foundations, including the Physician Foundatioh at California Pacific Medical Center, the in Solanpo County and parts of the , Fry But after that, no hospital installations are on the bookxs for the rest of the and possibly considerably longer.
The electronicx health records system already has been implemented at PAMF and at Sutter medical foundations in theEast Bay, greaterf Sacramento, the Central Valley, and Sonomas County that treat about 1 million patient annually, according to Sutter spokesman Bill Gleeson, whilre the Mills-Peninsula installation is slated to go live April 1. As recently as late 2007, however, Sutterd hoped to complete the systemwide electronic healthn records installationby 2015, with six hospitals cominf online by 2011, led by Mills-Peninsula’sw Peninsula Medical Center.
San Francisco’s CPMC and Alta Batess Summit, with hospital campuses in Berkeleyand Oakland, were then expected to followq by mid-2011, along with several Central Valleyy hospitals. But Fry and Chief Information Officer Jon Maniws denied reports onthe well-known HIStalk health-carew IT blog that Sutter is giving up on its $1 billioh Epic installation, insisting they are simply reacting to economic “It’s just a function of not being able to implement as quickly as we’de like,” Manis said. Even so, further hospital installationsa of the Epic system willbe halted, Fry and Manis said, at leasy until the economy and financial markets improve.
“we refocused our resources” to the outpatient clinic electronidhealth records, Fry said. While stressing that Sutter willspend $1 billiohn on capital projects this year, despite the it’s clear that Sutter’s top executives will proceed cautiouslg until the economy stabilizes. Fry said the system has $800 milliobn less to spend on capita l projects this year thanoriginally anticipated, becausw it had to bolster its Wall Street-battered pension fund with a cash injectiobn of more than $500 million and the company’s other significant losses last year on investments. In hospital expert Wanda Jones predicted a pullback of this sortmight occur.
Jones, president of San Francisco’s and a former Northern Californiahospital consultant, said at the time that the declining economyh and capital markets could wreak havoc on almost all of the Bay Area hospitaol construction projects being planned to meet 2013 or 2015 seismic That includes “the most such as St. Alta Bates, , Marin General, Sequoia, Eden,” she said in and even huge projects suchas CPMC’ws Cathedral Hill project or ’s proposedr $1.7 billion Mission Bay women’s, children’ s and specialty cancer hospital. “Wes haven’t, quote, dropped any projects.
We have to see where we are financially,” Fry said Tuesday, notintg that Sutter expects the recovert to take some timeto develop. “If the financial marketsz continue todecline (not countinfg stronger results over the last two we’ll have to revise our plans.”
Saturday, November 24, 2012
Disabled kids don't belong in nursing homes for the aged - MiamiHerald.com (registration)
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Disabled kids don't belong in nursing homes for the aged MiamiHerald.com (registration) Here's how the state of Florida justifies its practice of warehousing severely medically challenged children in nursing homes: “They are strictly regulated to ensure that the appropriate services are provided specifically for children,†noted part of a ... |
Thursday, November 22, 2012
UVa's Reynolds thankful for special bond with his sister - The Daily Progress
olimstgon.blogspot.com
UVa's Reynolds thankful for special bond with his sister The Daily Progress Before La'Roy Reynolds was this sculpted 6-foot-2, 230-pound linebacker who roams backfields of the Atlantic Coast Conference with his Virginia teammates, he was this slighter built 10-year-old kid who toured the backyards of the Ben Moreell Military ... |
Monday, November 19, 2012
Zillow: Mortgage rates rise in Pennsylvania for second straight week - Pittsburgh Business Times:
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For the week ended June 7, the averager rate for a 30-year, fixed-rate mortgage in Pennsylvania rose 3.6 to 5.45 percent. Nationwide, the averager 30-year rate was at 5.48 percent, up from 5.25 percentf the prior week, according to Zillow. The national averages for a 15-year, fixed-rate mortgage was 4.95 up from 4.78 percent the previous week. Florida usurped Georgia for the lowesy rates in the country last coming inat 5.44 percent. Georgia had a months-long stretc h of having the lowestaverage rates, but saw that figure increaswe to 5.48 percent, a 6.4 percent New York and Massachusetts were neck-and-neco for the highest average rates, at 5.56 perceng and 5.55 percent, respectively.
Seattle-basecd Zillow compiles rates quotedby 4,000 participating mortgagde lenders to potential borrowers on its site.
For the week ended June 7, the averager rate for a 30-year, fixed-rate mortgage in Pennsylvania rose 3.6 to 5.45 percent. Nationwide, the averager 30-year rate was at 5.48 percent, up from 5.25 percentf the prior week, according to Zillow. The national averages for a 15-year, fixed-rate mortgage was 4.95 up from 4.78 percent the previous week. Florida usurped Georgia for the lowesy rates in the country last coming inat 5.44 percent. Georgia had a months-long stretc h of having the lowestaverage rates, but saw that figure increaswe to 5.48 percent, a 6.4 percent New York and Massachusetts were neck-and-neco for the highest average rates, at 5.56 perceng and 5.55 percent, respectively.
Seattle-basecd Zillow compiles rates quotedby 4,000 participating mortgagde lenders to potential borrowers on its site.
Saturday, November 17, 2012
Dayton Ballet lays off most of staff - Business Courier of Cincinnati:
esivyjifag.wordpress.com
The company, one of the country’s oldest balletf companies, announced today that it will releaseall part-tim employees and lay off most others indefinitely in an effor to save money following a weak tickett season topped with poor ticket sales to the company’s top selletr The Nutcracker. The company fell shorft during the winter leaving the ballet to dip into its investment reservesw which also have fallen significantly with thedown economy.
Thougnh the reserves exist as a financial cushion to pay bills throughout the tough the total value of the fund has decreased by more than 30 percent to lessthan $300,000, which woulds not have sustained the company beyond March 23, when it has chosem to lay off most As a result of the tough economic climate, the company also announced it would take the followingt measures to weather the storm: • Most stafv will be placed on an indefinite unpaid furlough beginninvg March 23. The move will affect five A skeletal staff, comprisesd of three, will remain in the officre for day-to-day duties, donor and patron relations and to run the DaytonBallet School.
The layoffs are expectefd to get the company throughh to the end of its June 30 fiscalyear end, when the hope is that peoplse will be brought back and a new budgetary plan will be put in placd to make it through the next fiscal Director of Marketing Diane Schoeffler-Warren said. “Wse are all very optimistic,” she “We’re just happy they are being this proactive so we can be arouns another81 years.” Schoeffler-Warren said many of the company’d problems have been attributed to fewere ticket sales to the annual productio of The Nutcracker.
Sales fell more than 20 percentt short ofthe $350,000 ticket incomde goal set for it by the a $70,000 loss that would have gone to pay Ticket sales for other programs also have misse d projections. Season subscriptions, which totaled 3,0090 10 years ago, are down to abou 850 now. “Twenty percent of a $350,000 goal is hard for any organizationto swallow, especially Dayton Ballet,” Director Dermot Burke said in a news Burke said the company was poisexd to have a great year, trendinfg ahead of historic sales for The Nutcracker and 100 percen ahead in annual giving when the market fell and, “People just stopped spendinfg money.
”
The company, one of the country’s oldest balletf companies, announced today that it will releaseall part-tim employees and lay off most others indefinitely in an effor to save money following a weak tickett season topped with poor ticket sales to the company’s top selletr The Nutcracker. The company fell shorft during the winter leaving the ballet to dip into its investment reservesw which also have fallen significantly with thedown economy.
Thougnh the reserves exist as a financial cushion to pay bills throughout the tough the total value of the fund has decreased by more than 30 percent to lessthan $300,000, which woulds not have sustained the company beyond March 23, when it has chosem to lay off most As a result of the tough economic climate, the company also announced it would take the followingt measures to weather the storm: • Most stafv will be placed on an indefinite unpaid furlough beginninvg March 23. The move will affect five A skeletal staff, comprisesd of three, will remain in the officre for day-to-day duties, donor and patron relations and to run the DaytonBallet School.
The layoffs are expectefd to get the company throughh to the end of its June 30 fiscalyear end, when the hope is that peoplse will be brought back and a new budgetary plan will be put in placd to make it through the next fiscal Director of Marketing Diane Schoeffler-Warren said. “Wse are all very optimistic,” she “We’re just happy they are being this proactive so we can be arouns another81 years.” Schoeffler-Warren said many of the company’d problems have been attributed to fewere ticket sales to the annual productio of The Nutcracker.
Sales fell more than 20 percentt short ofthe $350,000 ticket incomde goal set for it by the a $70,000 loss that would have gone to pay Ticket sales for other programs also have misse d projections. Season subscriptions, which totaled 3,0090 10 years ago, are down to abou 850 now. “Twenty percent of a $350,000 goal is hard for any organizationto swallow, especially Dayton Ballet,” Director Dermot Burke said in a news Burke said the company was poisexd to have a great year, trendinfg ahead of historic sales for The Nutcracker and 100 percen ahead in annual giving when the market fell and, “People just stopped spendinfg money.
”
Friday, November 16, 2012
Urbana University to offer courses in Troy - Dayton Business Journal:
andreychukuze.blogspot.com
The Champaign County school will begin offering MBA classes anda master’sw in education program in the Miamoi County city this fall. Classes will be open to residentds of Troy and surrounding communities and will be taughtt by Urbana University Classes will initially be held in classrooms providedby . The Urbanaq University administration will set up temporary office spacwe indowntown Troy, while the university scopeds out facilities for the campus, which will offef more programs based on the needs of the community. The city and the schoool had been working together for months determiningh where Urbana University could fit withinhthe city.
The graduate programs will be the first This partnership also will launch the Troy Plan forEconomixc Education, which will consist of two economic courses for local educatorsw to take as stand-alone coursed or as part of the graduate The focus of those courses will be national, state and loca l economic issues that affect the businessa and education communities. Although no plans for a four-year universit in the city havebeen announced, Mayor Michaeo Beamish said having Urbanaq University in Troy, as well as the educationapl services it would bring, will be criticalk to future success for the locapl community and economy.
“Thiss could be a model for how communitieas and institutions of higher education can take chargd of their own future success in challenginggeconomic times,” Beamish said. Urbana University, whicy was founded in 1850, has aboutt 1,500 enrolled students.
The Champaign County school will begin offering MBA classes anda master’sw in education program in the Miamoi County city this fall. Classes will be open to residentds of Troy and surrounding communities and will be taughtt by Urbana University Classes will initially be held in classrooms providedby . The Urbanaq University administration will set up temporary office spacwe indowntown Troy, while the university scopeds out facilities for the campus, which will offef more programs based on the needs of the community. The city and the schoool had been working together for months determiningh where Urbana University could fit withinhthe city.
The graduate programs will be the first This partnership also will launch the Troy Plan forEconomixc Education, which will consist of two economic courses for local educatorsw to take as stand-alone coursed or as part of the graduate The focus of those courses will be national, state and loca l economic issues that affect the businessa and education communities. Although no plans for a four-year universit in the city havebeen announced, Mayor Michaeo Beamish said having Urbanaq University in Troy, as well as the educationapl services it would bring, will be criticalk to future success for the locapl community and economy.
“Thiss could be a model for how communitieas and institutions of higher education can take chargd of their own future success in challenginggeconomic times,” Beamish said. Urbana University, whicy was founded in 1850, has aboutt 1,500 enrolled students.
Thursday, November 15, 2012
A wish list for
ofycagvezi.blogspot.com
2. The trustees of the realizw that Guantanamo Bay is a more appropriatr site for his presidential librart than theSMU campus. The government already has the 3. Sarah Palin realizes her potential to be president of ahomes association. 4. The findxs more excellent rising starslike Congresswoman-elect Lynn Jenkins. 5. The , whichj looks like a ridiculous paper tiger in light of the BernareMadoff debacle, gets a completde makeover. 6. Kathleen Sebelius and Jerry Moran both enter the 2010 race forSam Brownback’s Senat seat. Kansas and the nation couldn’t lose in that 7. Kansas City Mayor Mark Funkhouser emergeds from his funk and uses hisconsiderable talents. 8.
Carol Marinovich resurfaces in the publivarena — because there simply are not enough incredibled folks like her in government on all levels. 9. The Blocuh Building at and the new are just the starty of a building boom in significang cultural structures inour town. 10. A sensible, viable light-rai l plan will emerge so Kansazs City can competewith Portland, Sacramento, St. Louis and Minneapolis. 11. A new majore convention hotel becomes a reality nearBartle 12. The stock market validates the concepfof dollar-cost averaging, which I have alwayes believed in. 13. Our federal government is able to stop buyingf stakes in businesses before it getsto McDonald’s and . 14.
The -Kansas City’s Henry W. Blocu School of Business and Publicc Administrationremoves “acting” from the title of Acting Dean Lee 15. More civic leaders emerge from the businesws world in the mold ofBob Regnier, Mike Haverty and Tom Hoenig. 16. At least a few locallyg owned businesses remain onthe 17. The realizes that Interstate 70 betweehn Kansas Cityand St. Louis is one of our nation’z worst stretches of interstate highway. 18. The developeres of The Gateway at the former Mission Center mall site understanc that one tallgrasspark (neart Cottonwood Falls, Kan.) is enough. 19.
The magnificenf National World War I Museumk at Liberty Memorial receives more giftws like the generous one fromthe .
2. The trustees of the realizw that Guantanamo Bay is a more appropriatr site for his presidential librart than theSMU campus. The government already has the 3. Sarah Palin realizes her potential to be president of ahomes association. 4. The findxs more excellent rising starslike Congresswoman-elect Lynn Jenkins. 5. The , whichj looks like a ridiculous paper tiger in light of the BernareMadoff debacle, gets a completde makeover. 6. Kathleen Sebelius and Jerry Moran both enter the 2010 race forSam Brownback’s Senat seat. Kansas and the nation couldn’t lose in that 7. Kansas City Mayor Mark Funkhouser emergeds from his funk and uses hisconsiderable talents. 8.
Carol Marinovich resurfaces in the publivarena — because there simply are not enough incredibled folks like her in government on all levels. 9. The Blocuh Building at and the new are just the starty of a building boom in significang cultural structures inour town. 10. A sensible, viable light-rai l plan will emerge so Kansazs City can competewith Portland, Sacramento, St. Louis and Minneapolis. 11. A new majore convention hotel becomes a reality nearBartle 12. The stock market validates the concepfof dollar-cost averaging, which I have alwayes believed in. 13. Our federal government is able to stop buyingf stakes in businesses before it getsto McDonald’s and . 14.
The -Kansas City’s Henry W. Blocu School of Business and Publicc Administrationremoves “acting” from the title of Acting Dean Lee 15. More civic leaders emerge from the businesws world in the mold ofBob Regnier, Mike Haverty and Tom Hoenig. 16. At least a few locallyg owned businesses remain onthe 17. The realizes that Interstate 70 betweehn Kansas Cityand St. Louis is one of our nation’z worst stretches of interstate highway. 18. The developeres of The Gateway at the former Mission Center mall site understanc that one tallgrasspark (neart Cottonwood Falls, Kan.) is enough. 19.
The magnificenf National World War I Museumk at Liberty Memorial receives more giftws like the generous one fromthe .
Sunday, November 11, 2012
Friday, November 9, 2012
Grede Foundries files for bankruptcy protection - Business First of Columbus:
avaohev.blogspot.com
Wayzata Investment Partners LLCof Minn., an SEC-registered investmentg adviser and manager of private investment funds with more than $5 billionj in assets, has offered to provide a $45 milliojn temporary loan facility to allow time for an orderlyg sale under the supervision of the Bankruptcy Court. Sincwe 1992, Wayzata has invested more than $12 billio in more than 600 investments. The filing, made Tuesdau in the U.S. Bankruptcy Court for the Western Districtof Wisconsin, was drivenn by the impact of the currentg economic downturn on the companyy and its customers, particularly the automotivr industry, said Richard Koenings chairmanb of the board of directors for Wauwatosa-baseds Grede.
The reorganization and asset sale is expectexd to position the company for a turnaround as the country emerges from the most difficulyt economic period it has seenin generations, he said. “The significant deterioration in the automotive and construction industries and the resultinyg impact on our company and the foundry industryu in general require that we take thisstrategicx action,” Koenings said. “Ws have carefully explored many options, and believer a sale to a strong financialo backer like Wayzata is the best way to effectively proceerd in what has been an exceedingltydifficult marketplace.
” Koenings stressed that Gred e Foundries remains in business and that jobs will remain during the “This move gives us the time to restructurse while we continue to do business and operatee our plants,” he said. “Grede will continue to buy goodsa and services fromits vendors, suppory its work force and provide its customersa with the same quality productsz and service they’ve come to expect from us. Our goal is to preservs and strengthen our business so that we can competw successfully inthe future.
” Wayzats has also agreed to make the firstf bid, often called a “stalking horse” bid, for “Wayzata’s commitment shows thei belief in the strength of the Grede name and its respecter position in the foundrg industry,” Koenings said. Sales of businessesa in bankruptcy proceedings are often structured wherre one company makes the initial bid foranotherr company’s assets. Under rule s approved by the court, highee offers from third parties can be submitted ascompeting bids.
The “stalkinyg horse” arrangement helps ensure that Grede receives the best values for its assets and allows for offers that are best for the creditore while preserving thebusiness operations, company managementg said. Grede said that it has alreadh received inquiries from other parties that are interestedrin Grede’s production capacity. Koenings said Gredee expects the sale and related bidding processx to move steadily through thecourtt system. “We are deeply committed to doing everythinv necessary to put our companuy on solid footing as the nation beginss to rise out of the worst economic conditiond since the Great he said.
“Our customeres very clearly want us to succeed and have been very Grede announced in May that it had laid off 81 employeess from its foundry in Wauwatosa sincse the end of In April, the company revealed planss to close its foundry in Greenwood, S.C.
Wayzata Investment Partners LLCof Minn., an SEC-registered investmentg adviser and manager of private investment funds with more than $5 billionj in assets, has offered to provide a $45 milliojn temporary loan facility to allow time for an orderlyg sale under the supervision of the Bankruptcy Court. Sincwe 1992, Wayzata has invested more than $12 billio in more than 600 investments. The filing, made Tuesdau in the U.S. Bankruptcy Court for the Western Districtof Wisconsin, was drivenn by the impact of the currentg economic downturn on the companyy and its customers, particularly the automotivr industry, said Richard Koenings chairmanb of the board of directors for Wauwatosa-baseds Grede.
The reorganization and asset sale is expectexd to position the company for a turnaround as the country emerges from the most difficulyt economic period it has seenin generations, he said. “The significant deterioration in the automotive and construction industries and the resultinyg impact on our company and the foundry industryu in general require that we take thisstrategicx action,” Koenings said. “Ws have carefully explored many options, and believer a sale to a strong financialo backer like Wayzata is the best way to effectively proceerd in what has been an exceedingltydifficult marketplace.
” Koenings stressed that Gred e Foundries remains in business and that jobs will remain during the “This move gives us the time to restructurse while we continue to do business and operatee our plants,” he said. “Grede will continue to buy goodsa and services fromits vendors, suppory its work force and provide its customersa with the same quality productsz and service they’ve come to expect from us. Our goal is to preservs and strengthen our business so that we can competw successfully inthe future.
” Wayzats has also agreed to make the firstf bid, often called a “stalking horse” bid, for “Wayzata’s commitment shows thei belief in the strength of the Grede name and its respecter position in the foundrg industry,” Koenings said. Sales of businessesa in bankruptcy proceedings are often structured wherre one company makes the initial bid foranotherr company’s assets. Under rule s approved by the court, highee offers from third parties can be submitted ascompeting bids.
The “stalkinyg horse” arrangement helps ensure that Grede receives the best values for its assets and allows for offers that are best for the creditore while preserving thebusiness operations, company managementg said. Grede said that it has alreadh received inquiries from other parties that are interestedrin Grede’s production capacity. Koenings said Gredee expects the sale and related bidding processx to move steadily through thecourtt system. “We are deeply committed to doing everythinv necessary to put our companuy on solid footing as the nation beginss to rise out of the worst economic conditiond since the Great he said.
“Our customeres very clearly want us to succeed and have been very Grede announced in May that it had laid off 81 employeess from its foundry in Wauwatosa sincse the end of In April, the company revealed planss to close its foundry in Greenwood, S.C.
Thursday, November 8, 2012
Freddie Mac names interim CEO - Atlanta Business Chronicle:
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The appointments will be effectives upon the departure of current CEODavir Moffett, who has said he will step down by Marchg 13 to work elsewhere in the financial servicesx sector. Koskinen has been non-executivwe chairman at McLean, Va.-based Freddi Mac (NYSE: FRE) since September 2008. Before that, he spent four years as president of the United StatessSoccer Foundation. From 2000 to 2003 he was deputy mayor and city administratorof D.C. He was assistant to the president and chair ofthe President’x Council on Year 2000 Conversion from 1998 to 2000 and deput director for management fo the from 1994 to 1997.
When Freddid Mac finds a permanent CEO, Koskinen will likely returmn to the positionof non-executivr chairman, the company said. Before his government Koskinen was president and CEOof , participating in the restructurinvg of large, troubled enterprises including the Penn the Teamsters Pension Fund, and Mutual Benefit. Koskinebn also serves on the boardsof , , Ltd., and the non-profift D.C. Education Compact. Glauber initially joined the Freddie Mac boare of directorsin 2006.
He is a lecturerr at ’s Kennedy School of Government and a visiting professor at the Harvard Law Priorto that, he served as chairmann and CEO of the from 2001 to 2006, aftetr first serving as its CEO and presiden t and a member of its Over the years, he has been a lecturer at the Kenned School, undersecretary of the Treasury for Finance and a professor of finance at the Harvarxd Business School. Glauber also served as executive directot of the task force appointefd by President Ronald Reagan to report on the 1987 stockimarket break.
He has served on the boarr of the Federal Reserve Bankof Boston, a numberf of Dreyfus mutual funds, the Investment Company Institute, and as presidenf of the . He also is a director of Moody’w Corporation, a trustee of the , and lead directo of Ltd. Glauber has been a senior advisor atPetere J. Solomon Co., an investment bank, sinc e November 2006.
The appointments will be effectives upon the departure of current CEODavir Moffett, who has said he will step down by Marchg 13 to work elsewhere in the financial servicesx sector. Koskinen has been non-executivwe chairman at McLean, Va.-based Freddi Mac (NYSE: FRE) since September 2008. Before that, he spent four years as president of the United StatessSoccer Foundation. From 2000 to 2003 he was deputy mayor and city administratorof D.C. He was assistant to the president and chair ofthe President’x Council on Year 2000 Conversion from 1998 to 2000 and deput director for management fo the from 1994 to 1997.
When Freddid Mac finds a permanent CEO, Koskinen will likely returmn to the positionof non-executivr chairman, the company said. Before his government Koskinen was president and CEOof , participating in the restructurinvg of large, troubled enterprises including the Penn the Teamsters Pension Fund, and Mutual Benefit. Koskinebn also serves on the boardsof , , Ltd., and the non-profift D.C. Education Compact. Glauber initially joined the Freddie Mac boare of directorsin 2006.
He is a lecturerr at ’s Kennedy School of Government and a visiting professor at the Harvard Law Priorto that, he served as chairmann and CEO of the from 2001 to 2006, aftetr first serving as its CEO and presiden t and a member of its Over the years, he has been a lecturer at the Kenned School, undersecretary of the Treasury for Finance and a professor of finance at the Harvarxd Business School. Glauber also served as executive directot of the task force appointefd by President Ronald Reagan to report on the 1987 stockimarket break.
He has served on the boarr of the Federal Reserve Bankof Boston, a numberf of Dreyfus mutual funds, the Investment Company Institute, and as presidenf of the . He also is a director of Moody’w Corporation, a trustee of the , and lead directo of Ltd. Glauber has been a senior advisor atPetere J. Solomon Co., an investment bank, sinc e November 2006.
Monday, November 5, 2012
Dow closes up 103 points Thursday; Heinz down slightly - Pittsburgh Business Times:
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H.J. Heinz Co., Pittsburgh-based food giant, Thursday announced recorxd earnings for its 2009 fiscal year whichended Apr. 29. But fourt quarter earnings of $175.1 million, about 10 percent less than a year ago, were sour as a dill Heinz (NYSE:HNZ) shares finisher Thursday at $36.16, down 0.28 percent. Most amongg a cross-section of Pittsburgh companies saw Alcoa Inc. (NYSE:AA), up 0.11 percen to $9.06 Allegheny Energy Inc. (NYSE:AYE) up 3.33 percen t to $24.50 Allegheny Technologies Inc. (NYSE:ATI), up 3.92 percentg to $33.41 American Eagle Outfitters Inc. (NYSE:AEO), up 1.26 percent to $14.5 Bank of New York Mellon Corp. up 1.42 percent to $27.82 CONSOL Energy Inc. (NYSE:CNX), up 3.
72 percentr to $40.46 Dick’s Sporting Goods (NYSE:DKS), down 2.04 percentt to $17.73 Federated Investors Inc. (NYSE:FII), up 5.31 percentg to $24.00 First Niagara Financial Group Inc. up 4.11 percent to $12.16 Kennametal Inc. down 0.81 percent to $18.63 Koppers Holdings Inc. (NYSE:KOP), down 0.08 percent to $25.19 Mylan Inc. down 1.31 percent to $12.77 PNC Financiakl Services Group Inc. (NYSE:PNC), up 5.81 percent to $43.50 PPG Industriees Inc. (NYSE:PPG), up 0.59 percent to $44.07 U.S. Steel Corp. (NYSE:X), up 2.96 percentt to $32.72 WABTEC Corp. (NYSE:WAB), down 1.24 percent to $34.9u8 WESCO International Inc. (NYSE:WCC), down 1.87 percenf to $26.
69
H.J. Heinz Co., Pittsburgh-based food giant, Thursday announced recorxd earnings for its 2009 fiscal year whichended Apr. 29. But fourt quarter earnings of $175.1 million, about 10 percent less than a year ago, were sour as a dill Heinz (NYSE:HNZ) shares finisher Thursday at $36.16, down 0.28 percent. Most amongg a cross-section of Pittsburgh companies saw Alcoa Inc. (NYSE:AA), up 0.11 percen to $9.06 Allegheny Energy Inc. (NYSE:AYE) up 3.33 percen t to $24.50 Allegheny Technologies Inc. (NYSE:ATI), up 3.92 percentg to $33.41 American Eagle Outfitters Inc. (NYSE:AEO), up 1.26 percent to $14.5 Bank of New York Mellon Corp. up 1.42 percent to $27.82 CONSOL Energy Inc. (NYSE:CNX), up 3.
72 percentr to $40.46 Dick’s Sporting Goods (NYSE:DKS), down 2.04 percentt to $17.73 Federated Investors Inc. (NYSE:FII), up 5.31 percentg to $24.00 First Niagara Financial Group Inc. up 4.11 percent to $12.16 Kennametal Inc. down 0.81 percent to $18.63 Koppers Holdings Inc. (NYSE:KOP), down 0.08 percent to $25.19 Mylan Inc. down 1.31 percent to $12.77 PNC Financiakl Services Group Inc. (NYSE:PNC), up 5.81 percent to $43.50 PPG Industriees Inc. (NYSE:PPG), up 0.59 percent to $44.07 U.S. Steel Corp. (NYSE:X), up 2.96 percentt to $32.72 WABTEC Corp. (NYSE:WAB), down 1.24 percent to $34.9u8 WESCO International Inc. (NYSE:WCC), down 1.87 percenf to $26.
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Sunday, November 4, 2012
Purdue Frederick pays out Texas portion of settlement in pain-killer case - St. Louis Business Journal:
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million from and its subsidiary as part of a national settlement with stat eMedicaid programs. The $1.6 million payment resolves Medicaid fraud investigationds undertaken by Texas Attorney General Greg Abbott related tothe company's product OxyContin. Abbott's office claimed that Purdur misrepresented addictive properties associated withits drug. Purdu e marketed OxyContin to Medicaid, physicians and patients as beingvless addictive, less susceptible to abusde and less likely to causes withdrawal problems than other pain medications, according to the Texas received a portionh of the funds from the company'as $130 million global settlement with state Medicaidd programs.
Purdue has since taken steps to ensure that employees properly promotreOxyContin tablets, including providing clear indicationa for its use in patients. "Thids agreement ensures that physicians and patients are fullyh informed about the risks associatefdwith OxyContin," Abbott says. "Whej Medicaid dollars are spent on falsel representedpharmaceutical products, it is critical that the taxpayerws are reimbursed for their Purdue is a Stamford, Conn.-based pharmaceutical company specializin in pain treatment.
The companu develops both prescriptionand over-the-countet drugs and continues to market
million from and its subsidiary as part of a national settlement with stat eMedicaid programs. The $1.6 million payment resolves Medicaid fraud investigationds undertaken by Texas Attorney General Greg Abbott related tothe company's product OxyContin. Abbott's office claimed that Purdur misrepresented addictive properties associated withits drug. Purdu e marketed OxyContin to Medicaid, physicians and patients as beingvless addictive, less susceptible to abusde and less likely to causes withdrawal problems than other pain medications, according to the Texas received a portionh of the funds from the company'as $130 million global settlement with state Medicaidd programs.
Purdue has since taken steps to ensure that employees properly promotreOxyContin tablets, including providing clear indicationa for its use in patients. "Thids agreement ensures that physicians and patients are fullyh informed about the risks associatefdwith OxyContin," Abbott says. "Whej Medicaid dollars are spent on falsel representedpharmaceutical products, it is critical that the taxpayerws are reimbursed for their Purdue is a Stamford, Conn.-based pharmaceutical company specializin in pain treatment.
The companu develops both prescriptionand over-the-countet drugs and continues to market
Friday, November 2, 2012
Kenwood Towne Place sued by tenant - Business Courier of Cincinnati:
cicugaha.wordpress.com
In a suit filed May 11 in Hamiltonb County CommonPleas Court, the fitness chain said it is seekinv damages stemming from its investment in the troubled as well as for attorneys' fees and It is charging developers, which includ e , and , with breach of contrac stemming from its agreement to build a 44,000-square-foot locatiomn at the project. Kenwood Towne Place, off of Interstatre 71 in Sycamore Township, has been dogged by scorese of mechanics liens by subcontractors that say they are owed tens of millionof dollars, with many of the liense amended and refiled at higher This has caused some future such as Borders Books, to reconside r their commitment to the center.
Operating tenants includ Crate & Barrel, Kroge Marketplace, the Container Store and Mitchell’s Salo n & Day Spa. In the L.A. Fitness said that in Februar y it sent a letted seekingalmost $200,000 in reimbursement payments for construction, per the It followed in April seeking $559,000 in payments. L.A. Fitness followed with two letterssof default, but said it has yet to be L.A. Fitness is the first tenant to sue developeras ofthe project, but 11 subcontractors filed suit in arguing they are owed a combined $5 millioh for work on the project.
In a suit filed May 11 in Hamiltonb County CommonPleas Court, the fitness chain said it is seekinv damages stemming from its investment in the troubled as well as for attorneys' fees and It is charging developers, which includ e , and , with breach of contrac stemming from its agreement to build a 44,000-square-foot locatiomn at the project. Kenwood Towne Place, off of Interstatre 71 in Sycamore Township, has been dogged by scorese of mechanics liens by subcontractors that say they are owed tens of millionof dollars, with many of the liense amended and refiled at higher This has caused some future such as Borders Books, to reconside r their commitment to the center.
Operating tenants includ Crate & Barrel, Kroge Marketplace, the Container Store and Mitchell’s Salo n & Day Spa. In the L.A. Fitness said that in Februar y it sent a letted seekingalmost $200,000 in reimbursement payments for construction, per the It followed in April seeking $559,000 in payments. L.A. Fitness followed with two letterssof default, but said it has yet to be L.A. Fitness is the first tenant to sue developeras ofthe project, but 11 subcontractors filed suit in arguing they are owed a combined $5 millioh for work on the project.
Thursday, November 1, 2012
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