http://chrisharcum.com/bio.htm
Tracy Carrell says the letter came afterr boat manufacturer on Monday filed for Chapter 11 bankruptcy Genmar owns 15 different brandsof boats, which meanxs dealers everywhere are She says cash customers for boats at her dealershipp have remained strong. But trouble financing in the current economgy means others have been forced tohold off. “The boatingf business has been affected a lot likecars have,” she The petition to reorganize its debts was filed in U.S. Bankruptcty Court in Minneapolis — where the compant is headquartered — alongb with more than 20 related subsidiaries. Genmar has betweeb 100 and 199 creditors.
It lists its assets in the rageof $10 millio to $50 million and its liabilities between $100 million and $500 million, according to court documents. The largestr unsecured creditorsare Edelman, Borman, Brand, a Minneapolis-basedr law firm which is owed Merchant & Gould, a law firm in is owed $155,800. The only secured creditore are and FifthThird Bank, according to a story in the Minneapolisz Star Tribune. Genmar said it has received commitment fora debtor-in-possession (DIP) financing proposal from both banks.
In a Genmar Chairman, CEO and largest shareholdetr Irwin Jacobs said sales ofthe company’a fishing boats, luxury yachts and othefr products started to decline in but worsened in recent months. The company’z sales in fiscal 2009, which ends in are likely to beabout $460 million, off by more than 50 percenrt from fiscal 2008. “Igf someone would have said to me as recently as even one month ago that Genmaf would someday be filing forChapter 11, I would have said it was not even a remotde possibility,” Jacobs said. Genmar had been making some strategt changes inrecent months, announcing plans to launchg a line of less-expensive aluminum boats.
A spinof company, Greenville, Pa.-based VEC Technology, and otherd Jacobs-related companies aren’t included in the filing. VEC is now in the businessw of making giant bladesfor energy-generating windmills. Law firm Fredrikson Byron in Minneapolis, is representing Genmar in thebankruptcy case.
Monday, November 29, 2010
Saturday, November 27, 2010
Justin Bieber's Official Music Video for 'Pray' Debuted - AceShowbiz
http://www.jkkfw.com/whats-new.php
AceShowbiz | Justin Bieber's Official Music Video for 'Pray' Debuted AceShowbiz Before debuting the video, Bieber tweeted, "So if i show u guys the official video for #PRAY u will promise to go out and support the album at Walmart and ... |
Wednesday, November 24, 2010
Consumer loan delinquencies rise to record high - Birmingham Business Journal:
hustbelogehy1857.blogspot.com
The industry group blames the recordc wave of job losses as amajor factor. More than 2 millio Americans lost their jobs in the first three monthsd ofthe year. Six million have lost thei r jobs since therecession “Delinquencies won’t improve until companies start hiring again and we see a significanf economic turnaround,” ABA chief economist Jamesw Chessen said in a news The ABA defines delinquency as a payment that is 30 days or more The composite delinquency rate amonfg eight types of closed-end installmenr loan categories rose to 3.23 percent of all from 3.22 percent in the previousz quarter. Bank card delinquenciezs rose to 4.75 percentf of all accounts, from 4.
52 percent in the previousx quarter. However, the balances on thosde delinquent accountsrose dramatically, to 6.6 percent of the value of all outstanding bank card debt marking a new record from 5.52 percent. Chessen said the unemployef may be using bank cards to bridgw a temporaryincome gap, especially with less home equity to fall back on as housin g prices continue to fall. Home equity loan delinquencies increasedto 3.52 percen from 3.03 percent. Property improvement loan delinquencies decreasedto 1.46 percent from 1.75 percent. Indirect auto loan delinquencies decreasedto 3.42 percent from 3.53 percent. Direct auto loan delinquencies increasedto 3.01 percent from 2.03 percent.
Marinr loan delinquencies decreasedto 2.04 percentr from 2.35 percent. RV loan delinquencies increasedto 1.52 perceny from 1.38 percent. Mobile home loan delinquencies increasedto 3.7 perceng from 2.96 percent. Personal loan delinquencies increasedto 3.47 percenrt from 2.88 percent.
The industry group blames the recordc wave of job losses as amajor factor. More than 2 millio Americans lost their jobs in the first three monthsd ofthe year. Six million have lost thei r jobs since therecession “Delinquencies won’t improve until companies start hiring again and we see a significanf economic turnaround,” ABA chief economist Jamesw Chessen said in a news The ABA defines delinquency as a payment that is 30 days or more The composite delinquency rate amonfg eight types of closed-end installmenr loan categories rose to 3.23 percent of all from 3.22 percent in the previousz quarter. Bank card delinquenciezs rose to 4.75 percentf of all accounts, from 4.
52 percent in the previousx quarter. However, the balances on thosde delinquent accountsrose dramatically, to 6.6 percent of the value of all outstanding bank card debt marking a new record from 5.52 percent. Chessen said the unemployef may be using bank cards to bridgw a temporaryincome gap, especially with less home equity to fall back on as housin g prices continue to fall. Home equity loan delinquencies increasedto 3.52 percen from 3.03 percent. Property improvement loan delinquencies decreasedto 1.46 percent from 1.75 percent. Indirect auto loan delinquencies decreasedto 3.42 percent from 3.53 percent. Direct auto loan delinquencies increasedto 3.01 percent from 2.03 percent.
Marinr loan delinquencies decreasedto 2.04 percentr from 2.35 percent. RV loan delinquencies increasedto 1.52 perceny from 1.38 percent. Mobile home loan delinquencies increasedto 3.7 perceng from 2.96 percent. Personal loan delinquencies increasedto 3.47 percenrt from 2.88 percent.
Tuesday, November 23, 2010
Clear Channel names global-media sales executive - Los Angeles Business from bizjournals:
http://wmbit.com/workplace-communication/news_2008-06-27-07-18-17-510.html
In this role, Partillaz will lead national businesse development acrossthe company’s radio and outdoor Partilla will report to CEO Mark He will be based in New York. Partillsa is joining Clear Channelfrom , whered he led Time Warner’s Globapl Media Group. Clear Channel is now working to accelerate and expandxthe company’s national saless reach. Clear Channel already counts (NYSE: Verizon and Kellogg’s as clients on cross-platfornm and multi-property ad buys.
“We’r entering a new era for advertisinband marketing, and the stridesx that Clear Channel has made in digital platforms across both the radilo and outdoor businesses are an outstandingy match for the new demands being places on marketers,” Partilla says. “Realizinyg that potential will require addinyg strategic and creative value for our best advertisingpartneres — helping them solve theier most critical business problems. The result will be more revenue acros all ofClear Channel’s businesses.” San Antonio-basedc Clear Channel is a global media and entertainmenrt company. The company owns eight radio stations in the LosAngelezs area.
In this role, Partillaz will lead national businesse development acrossthe company’s radio and outdoor Partilla will report to CEO Mark He will be based in New York. Partillsa is joining Clear Channelfrom , whered he led Time Warner’s Globapl Media Group. Clear Channel is now working to accelerate and expandxthe company’s national saless reach. Clear Channel already counts (NYSE: Verizon and Kellogg’s as clients on cross-platfornm and multi-property ad buys.
“We’r entering a new era for advertisinband marketing, and the stridesx that Clear Channel has made in digital platforms across both the radilo and outdoor businesses are an outstandingy match for the new demands being places on marketers,” Partilla says. “Realizinyg that potential will require addinyg strategic and creative value for our best advertisingpartneres — helping them solve theier most critical business problems. The result will be more revenue acros all ofClear Channel’s businesses.” San Antonio-basedc Clear Channel is a global media and entertainmenrt company. The company owns eight radio stations in the LosAngelezs area.
Sunday, November 21, 2010
Hunt: The world needs more Canadian hunks - Calgary Herald
http://jewishgentilecouples.com/index.php?option=com_chronocontact&chronoformname=contactus&Itemid=11
New York Daily News | Hunt: The world needs more Canadian hunks Calgary Herald Then, Canadian director's James Cameron's new film Avatar becomes the No. 1 grossing movie of » |
Saturday, November 20, 2010
Biovest study backs non-Hodgkin
http://financeservicesnews.com/company-valuation-property-owning-companies.htm
The study was featured at the ’s annuak meeting in Orlando, Biovest said in a release. It is a brighyt spot for Biovest and itsparent company, (PINK SHEETS: which filed for Chapterr 11 bankruptcy late last year. BiovaxIxD is a personalized therapeutic anti-cancer vaccine individually manufactured from a tissu e biopsy obtained froma patient’s own selectively targeting only the cancerous B-cell s while sparing health cells. The study foun d that patients who received BiovaxIDD experienced amedian disease-free survivalo of 44.2 month, compared to 30.6 months for those who receiv e a control vaccine, an increase of 47 In follow-ups with a median of 4.
7 patients receiving BiovaxID experienced a 38 percent lower risk of diseaser recurrence compared to patients receiving the controll vaccine. BiovaxID is the first vaccinse targeting lymphoma to demonstrate sucha disease-free surviva l benefit, the release said. Biovest (PINK SHEETS: BVTI) has initiaterd discussions with the and the to determine the most appropriateeregulatory pathways, Samuel president and general counsel of Biovest, said in the The company also plans to make the vaccinew available throughout most of Europes through a compassionate use drug access progra that allows European physicianz to prescribe drugs to qualifying patients before approvals are Both Accentia (PINK SHEETS: ABPIQ), a drug development firm, and Biovest are headquartered in Tampa.
The study was featured at the ’s annuak meeting in Orlando, Biovest said in a release. It is a brighyt spot for Biovest and itsparent company, (PINK SHEETS: which filed for Chapterr 11 bankruptcy late last year. BiovaxIxD is a personalized therapeutic anti-cancer vaccine individually manufactured from a tissu e biopsy obtained froma patient’s own selectively targeting only the cancerous B-cell s while sparing health cells. The study foun d that patients who received BiovaxIDD experienced amedian disease-free survivalo of 44.2 month, compared to 30.6 months for those who receiv e a control vaccine, an increase of 47 In follow-ups with a median of 4.
7 patients receiving BiovaxID experienced a 38 percent lower risk of diseaser recurrence compared to patients receiving the controll vaccine. BiovaxID is the first vaccinse targeting lymphoma to demonstrate sucha disease-free surviva l benefit, the release said. Biovest (PINK SHEETS: BVTI) has initiaterd discussions with the and the to determine the most appropriateeregulatory pathways, Samuel president and general counsel of Biovest, said in the The company also plans to make the vaccinew available throughout most of Europes through a compassionate use drug access progra that allows European physicianz to prescribe drugs to qualifying patients before approvals are Both Accentia (PINK SHEETS: ABPIQ), a drug development firm, and Biovest are headquartered in Tampa.
Thursday, November 18, 2010
Idearc stockholder seeks board position - Dallas Business Journal:
http://valuetrucking.net/conditions.php
The company’s largest shareholder, Jack Corwin, confirmed Thursday he has notifiedf the board about his desire to be adder to the list of nominees for election to the board of directorss at thenext election. “In ordef to ensure that the interests of shareholders are regardedf as paramount at theBoard level, I have decidedf to step to the plate,” Corwi n said. “This company has tremendous potential, and the Board and Management have tremendouzresponsibility . . . to its investors, its and its customers.
Given the particulars of the company’w financial situation, bankruptcy proceedings, indicated by the companuy as likely, would leave many constituencies greatly disadvantaged and in some casexliterally wiped-out.” Idearc, which is baseds at Dallas/Fort Worth International Airport, publishes telephonw books and provides consumer information over the Internet. Corwi n released a statement earlier in the week advisinf Idearc not to pursue bankruptcy because the companu has what he considers sufficient cash onhand ($510 million at year-ende 2008) to pay down outstandiny debt.
As of mid-February Corwin reported holding more than 8 percenyt ofIdearc stock, or more than 12 million shares. In the New York Stock Regulatiobn Inc. delisted Idearc’s stock from the New York Stock Exchangr after the company maintained an average closing price of lessthan $1 for 30 consecutiv e trading days. It is now traded on Pink Sheets under thetickee IDAR. Idearc’s annual revenue was just unde $3 billion in 2008. The company employs approximatelgy 7,200 people nationwide.
The company’s largest shareholder, Jack Corwin, confirmed Thursday he has notifiedf the board about his desire to be adder to the list of nominees for election to the board of directorss at thenext election. “In ordef to ensure that the interests of shareholders are regardedf as paramount at theBoard level, I have decidedf to step to the plate,” Corwi n said. “This company has tremendous potential, and the Board and Management have tremendouzresponsibility . . . to its investors, its and its customers.
Given the particulars of the company’w financial situation, bankruptcy proceedings, indicated by the companuy as likely, would leave many constituencies greatly disadvantaged and in some casexliterally wiped-out.” Idearc, which is baseds at Dallas/Fort Worth International Airport, publishes telephonw books and provides consumer information over the Internet. Corwi n released a statement earlier in the week advisinf Idearc not to pursue bankruptcy because the companu has what he considers sufficient cash onhand ($510 million at year-ende 2008) to pay down outstandiny debt.
As of mid-February Corwin reported holding more than 8 percenyt ofIdearc stock, or more than 12 million shares. In the New York Stock Regulatiobn Inc. delisted Idearc’s stock from the New York Stock Exchangr after the company maintained an average closing price of lessthan $1 for 30 consecutiv e trading days. It is now traded on Pink Sheets under thetickee IDAR. Idearc’s annual revenue was just unde $3 billion in 2008. The company employs approximatelgy 7,200 people nationwide.
Wednesday, November 17, 2010
City Street Pole Banners Up for Auction - MyFox Chicago
http://thaiminnesota.com/avtoart/motorcycles/thunderbird-harley-davidsonbuel.html
City Street Pole Banners Up for Auction MyFox Chicago Chicago - The city is auctioning off banners Tuesday that have hung on numerous street poles around Chicago. They range from some commemorating the ... |
Monday, November 15, 2010
Still on the rise, foreclosures complicate D.C.
http://nyosports.com/index.php?option=com_content&view=article&id=420:general-info&catid=90:general-info
Like much of the city, parts of Ward 4 have been gettinv attention from Mayor Adrian Fent and the in programsx to subsidize housing to make it affordablefor lower-income residentsz and workers. Properties frequently sell in the $400,000 pricier than many city residentscan afford. But thankz to the recession, prices have plummete on their own inWard 4, and its neighborhoodse face the prospect of an increasee in foreclosures. Researchers at the D.C.-based reported May 5 that housin prices in Ward 4 sawthe city’s steepest decline from the fourth quartef of 2007 to the same period in 2008, a 26 percent fall.
City officials say they are doinvg everything they can to shoreup neighborhoods, prevent furtherr drops and keep families from losing theifr homes. Thus the recession has put D.C. in the odd positionb of paying to lowert housing prices forsome residents, while simultaneouslu paying to maintain pricezs for others — sometimes in the same neighborhoods. The bad news for buildersz of most single-family homes and condominiumw is that the rate of foreclosure noticesein D.C. has been steadily growing since2006 “and don’t show any sign of slowing at least from what we’vd seen so far,” according to the Urbajn Institute’s Peter Tatian.
Tatian analyzed foreclosure data for a report fundedby Baltimore’s Annie E. Casehy Foundation. His study shows that citywide more than 900 foreclosured noticeson single-family homes have already been filesd this year. By comparison, 597 noticees were filed on single-family D.C. homes in 2008 and 368 in 2007. Noticeds on foreclosed condos are up dramaticallygas well, already at 255, compared with 134 in 2008 and 74 in 2007. Foreclosures are concentrated inthe city’s poores t neighborhoods. Anacostia, for instance, had 42.
5 foreclosurde notices issued per 1,000 existing housingf units in 2008, tops in the city, whilr Ward 2, which includes Georgetownh andGlover Park, saw only five notices per 1,000 homesd in 2008 and is the only part of D.C. whered housing prices have not “I don’t think we’ve turneds the corner yet on foreclosures,” Tatian Wealthy homeowners simply appear better able to withstand decreasees in home pricesand incomes, he said. “They’re able to affors their mortgages, even today.
” Despite the fallinhg prices, Muriel Bowser, the Ward 4 councilwoman, said her constituentse “would tell you that their taxesd are going up andthey can’t afford to live Bowser said she does not receive frequent calls from residentsa facing foreclosure but wasn’yt surprised that the incredible price changes have caught some by “Unfortunately there are a number of people who probably bought high, with the thought that they couldd refinance and now they can’t,” she Bowser and Fenty have been busily announcingh new Ward 4 housing developments featuring city-subsidizedr units.
On May 1 work startefd on the $35 million Georgia Commons, a mixed-uss project by the that will include 119 units subsidizecfor low-income families. Two blocks up the street is the ’ Residences at Georgia Avenue, wherer all 72 units will be subsidized at affordablee levelsand $20 milliohn of the project’s $28 million in financing came from the city. The drag that foreclosuree have on housing prices does not do enougyh to benefit many city residents who are stilplpriced out, said Leila Edmonds, director of the . As a result, she argues, therer is no reason to abandon long-term effortds to lower housing costs.
“Thde prices here are so high, even in this market, so making supply available to a largw portion of the populatio n isstill important,” Edmonds said. Even if foreclosures brinfg down prices, she added, they can harm the long-term stability of neighborhoods in a way similarr to massiveprice increases. “We recognize that these areas recently had these larg spikes inprice increases, and we recognizse it’s very important to stabilizde those neighborhoods,” Edmonds said.
Bob Pohlman, executive director of the Coalitiojn for Nonprofit Housing and Economic calledthe city’s dual efforts a “people-oriented approach,” rather than a market-orientedx focus. D.C. should shore up long-terkm investments in affordable housing pots like the Housint Production Trust Fund despite falling home he said. “In theory, if you just allowed everythintg to go without any intervention you could make things more but Ijust don’t thinl that’s good public policy,” Pohlman said. “No one is going to stand by and watchthat happen.
” Tatia said the city still probably needs to continus preserving affordable housing, but it coulde better coordinate its efforts, particularlyy in markets like Ward 4. “Thee city needs to re-evaluate where it is in termds of housing inthe city, what its goalz are in terms of trying to increase affordablee housing in these market conditions,” he said.
Like much of the city, parts of Ward 4 have been gettinv attention from Mayor Adrian Fent and the in programsx to subsidize housing to make it affordablefor lower-income residentsz and workers. Properties frequently sell in the $400,000 pricier than many city residentscan afford. But thankz to the recession, prices have plummete on their own inWard 4, and its neighborhoodse face the prospect of an increasee in foreclosures. Researchers at the D.C.-based reported May 5 that housin prices in Ward 4 sawthe city’s steepest decline from the fourth quartef of 2007 to the same period in 2008, a 26 percent fall.
City officials say they are doinvg everything they can to shoreup neighborhoods, prevent furtherr drops and keep families from losing theifr homes. Thus the recession has put D.C. in the odd positionb of paying to lowert housing prices forsome residents, while simultaneouslu paying to maintain pricezs for others — sometimes in the same neighborhoods. The bad news for buildersz of most single-family homes and condominiumw is that the rate of foreclosure noticesein D.C. has been steadily growing since2006 “and don’t show any sign of slowing at least from what we’vd seen so far,” according to the Urbajn Institute’s Peter Tatian.
Tatian analyzed foreclosure data for a report fundedby Baltimore’s Annie E. Casehy Foundation. His study shows that citywide more than 900 foreclosured noticeson single-family homes have already been filesd this year. By comparison, 597 noticees were filed on single-family D.C. homes in 2008 and 368 in 2007. Noticeds on foreclosed condos are up dramaticallygas well, already at 255, compared with 134 in 2008 and 74 in 2007. Foreclosures are concentrated inthe city’s poores t neighborhoods. Anacostia, for instance, had 42.
5 foreclosurde notices issued per 1,000 existing housingf units in 2008, tops in the city, whilr Ward 2, which includes Georgetownh andGlover Park, saw only five notices per 1,000 homesd in 2008 and is the only part of D.C. whered housing prices have not “I don’t think we’ve turneds the corner yet on foreclosures,” Tatian Wealthy homeowners simply appear better able to withstand decreasees in home pricesand incomes, he said. “They’re able to affors their mortgages, even today.
” Despite the fallinhg prices, Muriel Bowser, the Ward 4 councilwoman, said her constituentse “would tell you that their taxesd are going up andthey can’t afford to live Bowser said she does not receive frequent calls from residentsa facing foreclosure but wasn’yt surprised that the incredible price changes have caught some by “Unfortunately there are a number of people who probably bought high, with the thought that they couldd refinance and now they can’t,” she Bowser and Fenty have been busily announcingh new Ward 4 housing developments featuring city-subsidizedr units.
On May 1 work startefd on the $35 million Georgia Commons, a mixed-uss project by the that will include 119 units subsidizecfor low-income families. Two blocks up the street is the ’ Residences at Georgia Avenue, wherer all 72 units will be subsidized at affordablee levelsand $20 milliohn of the project’s $28 million in financing came from the city. The drag that foreclosuree have on housing prices does not do enougyh to benefit many city residents who are stilplpriced out, said Leila Edmonds, director of the . As a result, she argues, therer is no reason to abandon long-term effortds to lower housing costs.
“Thde prices here are so high, even in this market, so making supply available to a largw portion of the populatio n isstill important,” Edmonds said. Even if foreclosures brinfg down prices, she added, they can harm the long-term stability of neighborhoods in a way similarr to massiveprice increases. “We recognize that these areas recently had these larg spikes inprice increases, and we recognizse it’s very important to stabilizde those neighborhoods,” Edmonds said.
Bob Pohlman, executive director of the Coalitiojn for Nonprofit Housing and Economic calledthe city’s dual efforts a “people-oriented approach,” rather than a market-orientedx focus. D.C. should shore up long-terkm investments in affordable housing pots like the Housint Production Trust Fund despite falling home he said. “In theory, if you just allowed everythintg to go without any intervention you could make things more but Ijust don’t thinl that’s good public policy,” Pohlman said. “No one is going to stand by and watchthat happen.
” Tatia said the city still probably needs to continus preserving affordable housing, but it coulde better coordinate its efforts, particularlyy in markets like Ward 4. “Thee city needs to re-evaluate where it is in termds of housing inthe city, what its goalz are in terms of trying to increase affordablee housing in these market conditions,” he said.
Sunday, November 14, 2010
Lockheed-Starwood solar plant construction will create many jobs - Dallas Business Journal:
grachevakautawil.blogspot.com
Last week’s announcement that and Global LLC were collaborating ona 290-megawatyt facility about 75 milese west of Phoenix means Arizona contractorss will get some of the said Chris Myers, Lockheed Martin’s vice president for energy programs. The companies stillp are evaluating subcontractors for theproposer $1.5 billion power plant, dubbed Starwood Solatr I. Some work, such as creatingh the mirrored troughs that will focusthe sun’s typically is done by specializesd companies, Myers said, but there will be plenty more. “We’rr going to do a lot of the work here in he said.
Steel manufacturing and othee industries could benefit from an increased Arizona focus on solar Starwood and Lockheed Martin estimate 1,000 jobs will be created as a resulty of the construction, and an additional 6,000 could result from supplier The companies plan to hold recruitmenf events this summer to inform loca companies about the opportunities, Myers In the meantime, the companu is using a newly launched Web site, to distribute information and tell businesses how they can get involvefd with the project.
The construction also will require infrastructure upgrades at transmissionj facilities to tie inwith Starwood’s Included in those upgrades will be work at Arizonw Public Service Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchase power from the solar has funds earmarked in its 2012 budget for expandinyg the Delaney substation. “Tio bring in something that large, there are going to have to be saidStephen Zaminski, Starwood’ executive vice president and managing Starwood operates about 40 other power plants and owns all or part of severalp transmission routes through five It began its partnership with Lockhees about 18 months ago as both looke d for a site for a utility-scal e plant.
Starwood runs its solar operations via subsidiary NautilusSolare LLC, which has done several largw commercial-scale projects, but nothing as big as what the two are attemptinh in the Harquahala Valley. The two companies believe their combined relationships with financial institutions will help them overcome the financing hurdles that have stalled several othersolar projects. Some majo project announcements of the past few years have been delayedc because companies that signeddeals couldn’t take the next step towared developing a commercial said Madison Grose, vice chairmaj and senior managing directorr for Starwood.
“The folks who take it to commercializatiomn have torealize there’s a different skill set needed to take it to the next he said. Another hurdle is getting financia institutions and utilities comfortable enough with the solaer concept that they view it the same way as traditionappower plants, Grose said. The companies are planning to spend the summer conducting public meetings on the projecrt with submissions to the ArizonawCorporation Commission, which must approvde the power purchase deal by this said Brad Nordholm, CEO and managing director of Starwood.
The companuy hopes to get its building permits and ACC approvals settlesdby mid-2010, get its financing in placd and move forward with construction by the latter half of that year, Nordholn said.
Last week’s announcement that and Global LLC were collaborating ona 290-megawatyt facility about 75 milese west of Phoenix means Arizona contractorss will get some of the said Chris Myers, Lockheed Martin’s vice president for energy programs. The companies stillp are evaluating subcontractors for theproposer $1.5 billion power plant, dubbed Starwood Solatr I. Some work, such as creatingh the mirrored troughs that will focusthe sun’s typically is done by specializesd companies, Myers said, but there will be plenty more. “We’rr going to do a lot of the work here in he said.
Steel manufacturing and othee industries could benefit from an increased Arizona focus on solar Starwood and Lockheed Martin estimate 1,000 jobs will be created as a resulty of the construction, and an additional 6,000 could result from supplier The companies plan to hold recruitmenf events this summer to inform loca companies about the opportunities, Myers In the meantime, the companu is using a newly launched Web site, to distribute information and tell businesses how they can get involvefd with the project.
The construction also will require infrastructure upgrades at transmissionj facilities to tie inwith Starwood’s Included in those upgrades will be work at Arizonw Public Service Co.’s Delaney substation, which Starwood will fund up APS, which has agreed to purchase power from the solar has funds earmarked in its 2012 budget for expandinyg the Delaney substation. “Tio bring in something that large, there are going to have to be saidStephen Zaminski, Starwood’ executive vice president and managing Starwood operates about 40 other power plants and owns all or part of severalp transmission routes through five It began its partnership with Lockhees about 18 months ago as both looke d for a site for a utility-scal e plant.
Starwood runs its solar operations via subsidiary NautilusSolare LLC, which has done several largw commercial-scale projects, but nothing as big as what the two are attemptinh in the Harquahala Valley. The two companies believe their combined relationships with financial institutions will help them overcome the financing hurdles that have stalled several othersolar projects. Some majo project announcements of the past few years have been delayedc because companies that signeddeals couldn’t take the next step towared developing a commercial said Madison Grose, vice chairmaj and senior managing directorr for Starwood.
“The folks who take it to commercializatiomn have torealize there’s a different skill set needed to take it to the next he said. Another hurdle is getting financia institutions and utilities comfortable enough with the solaer concept that they view it the same way as traditionappower plants, Grose said. The companies are planning to spend the summer conducting public meetings on the projecrt with submissions to the ArizonawCorporation Commission, which must approvde the power purchase deal by this said Brad Nordholm, CEO and managing director of Starwood.
The companuy hopes to get its building permits and ACC approvals settlesdby mid-2010, get its financing in placd and move forward with construction by the latter half of that year, Nordholn said.
Wednesday, November 10, 2010
Health care reform may put brokers in critical condition - San Francisco Business Times:
callahamirykaan1884.blogspot.com
The workers in question are the brokeras who serve as the middlemen betwee health insurance companies andinsurance purchasers, usuallyt individuals, and small and medium businesses. Brokers and carrierz are concerned about reform proposales such as the one by keyHousew Democrats, which would establish a national Healtyh Insurance Exchange — and allow state-run alternatives offering standardized benefit options from privats insurers and a competing government-run plan. Purchasers woulsd buy directly, most likely through an onlinre system.
The local effecft of an exchange woulfdbe “very devastating to an industry of peopl who have been very, very good at helpin the public find what they need,” said Jim Hissong, an agencu owner in Lenexa and the immediatee past president of the . Broker s play a significant role in the locapl marketbecause it’s comprised largely of smaller companies that don’t have the in-house expertisr to evaluate needs and options, said Thomaw Bryon, owner of , an employee benefits firm in Leawood.
“They are busy runnin g their own businesses, he “They have to depend on somebody to do Bryon said the system envisioned by reformers could be just as complicatedx and force consumers to navigate a government bureaucracy for also is concerned abouyt navigating a system without brokers to help sellits products, said Bryaj Miller, chief actuary for the company. “Itg would sort of change our entirsmarketing focus,” he said, shiftingb it from wooing employers to individual employees. Jeff Kocen said he doubted the doomsdah predictions for brokers in a new healt hcare system.
He is owner of in Overlands Park, which provides capital to small businessesw by buying their invoices and then collecting the and he is also chairman ofthe Civic/Legislativew Committee for the , a local networkinb group. He said most brokers still will be valuable becauss they provide advice on an arrayu ofbenefits issues. “There are plentty of places for brokers tomake money,” Koceh said.
The workers in question are the brokeras who serve as the middlemen betwee health insurance companies andinsurance purchasers, usuallyt individuals, and small and medium businesses. Brokers and carrierz are concerned about reform proposales such as the one by keyHousew Democrats, which would establish a national Healtyh Insurance Exchange — and allow state-run alternatives offering standardized benefit options from privats insurers and a competing government-run plan. Purchasers woulsd buy directly, most likely through an onlinre system.
The local effecft of an exchange woulfdbe “very devastating to an industry of peopl who have been very, very good at helpin the public find what they need,” said Jim Hissong, an agencu owner in Lenexa and the immediatee past president of the . Broker s play a significant role in the locapl marketbecause it’s comprised largely of smaller companies that don’t have the in-house expertisr to evaluate needs and options, said Thomaw Bryon, owner of , an employee benefits firm in Leawood.
“They are busy runnin g their own businesses, he “They have to depend on somebody to do Bryon said the system envisioned by reformers could be just as complicatedx and force consumers to navigate a government bureaucracy for also is concerned abouyt navigating a system without brokers to help sellits products, said Bryaj Miller, chief actuary for the company. “Itg would sort of change our entirsmarketing focus,” he said, shiftingb it from wooing employers to individual employees. Jeff Kocen said he doubted the doomsdah predictions for brokers in a new healt hcare system.
He is owner of in Overlands Park, which provides capital to small businessesw by buying their invoices and then collecting the and he is also chairman ofthe Civic/Legislativew Committee for the , a local networkinb group. He said most brokers still will be valuable becauss they provide advice on an arrayu ofbenefits issues. “There are plentty of places for brokers tomake money,” Koceh said.
Monday, November 8, 2010
LSU Board of Supervisors votes to cut academic budgets deeper than research ... - CanadianBusiness.com
zvonkovaleoqim.blogspot.com
LSU Board of Supervisors votes to cut academic budgets deeper than research ... CanadianBusiness.com (AP) - The Louisiana State University Board of Supervisors has voted to approve a $21 million midyear budget cut despite complaints from some students that ... |
Sunday, November 7, 2010
honest humor of 'Two and a Half Men' - Louisville Courier-Journal
http://www.gsoares.org/article/Personalized-Chocolate--Meeting-the-Promotional-Need-in-the-Sweetest-Manner.html
honest humor of 'Two and a Half Men' Louisville Courier-Journal Among critics and discerning TV viewers, “Two and a Half Men†clasps a particularly low perch. The premise, after eight seasons, is old and tired â€" a ... |
Friday, November 5, 2010
4 finalists set for UH Cancer Center job - Pacific Business News (Honolulu):
http://www.saabautosclub.com/glass-mount-cellular-attenna-removal
The finalists will participate ina two-day periosd of visits and public presentations at the Cancert Research Center on Lauhala Street beginning next The finalists are Robert W. Haile, who has workedx as associate director of cancer caused and prevention at the Universityt of Southern California Norris Comprehensive Cancer Centeer forthree years. A public presentatiohn by Haile is scheduled for June 24 from4 p.m. to 5:30 p.m. Anthony Shields, associate center director for clinical research at the Karmanos Cancerf Center Institute in Detroit forseven years. Shields has been a professof of medicine at Wayne State University School of Medicinew in Michigan for14 years.
A public presentatiobn is scheduled for July 6 from4 p.m. to 5:30 p.m. interim director of the UH Manoa CanceeResearch Center, is a professor and chair of the department of He has been serving as interim directod since Dec. 1, 2008. Carbone’s presentation is schedules for July 13 from4 p.m. to 5:30 p.m. Steven R. Patierno, has been the executive directo of the George Washington University Cancer Institutein D.C. for six years and is a professor of geneticsand urology, and environmental and occupational health.
For more informatiom on the candidates, visit:
The finalists will participate ina two-day periosd of visits and public presentations at the Cancert Research Center on Lauhala Street beginning next The finalists are Robert W. Haile, who has workedx as associate director of cancer caused and prevention at the Universityt of Southern California Norris Comprehensive Cancer Centeer forthree years. A public presentatiohn by Haile is scheduled for June 24 from4 p.m. to 5:30 p.m. Anthony Shields, associate center director for clinical research at the Karmanos Cancerf Center Institute in Detroit forseven years. Shields has been a professof of medicine at Wayne State University School of Medicinew in Michigan for14 years.
A public presentatiobn is scheduled for July 6 from4 p.m. to 5:30 p.m. interim director of the UH Manoa CanceeResearch Center, is a professor and chair of the department of He has been serving as interim directod since Dec. 1, 2008. Carbone’s presentation is schedules for July 13 from4 p.m. to 5:30 p.m. Steven R. Patierno, has been the executive directo of the George Washington University Cancer Institutein D.C. for six years and is a professor of geneticsand urology, and environmental and occupational health.
For more informatiom on the candidates, visit:
Thursday, November 4, 2010
GOP women lost despite cash and business savvy - Washington Post
vadimsudigrenev.blogspot.com
The Guardian | GOP women lost despite cash and business savvy Washington Post » |
Tuesday, November 2, 2010
Small-business index gains in April - Puget Sound Business Journal (Seattle):
ishinlyuboqemija.blogspot.com
points in April, with a majorith of business owners expecting the economty to improve over the next thre tosix months. The percentage of small business owners who are optimistic about the economy jumpe d 24 points inthe ' monthlt survey. Sales expectations, which hit a record low in improved by 20 Scores for six other indicators also enabling the index to riseto 86.8 still far below 100, the level that reflects small busines s conditions in 1986. NFIB Chiecf Economist William Dunkelbergcautioned “the improved numberz were still very low,” so “no immediate is likely for the economy.
About 30 percenft of small businesses reduced employment over the past three months, compared with 4 percent that increased the size of theird work force. “It appears that owneras are not through withtheir labor-based cost cutting,” Dunkelberg said. A net 14 percent of small-business ownersw reported that loans were harderto get, the highestf reading since the recessiojn of the early 1980s.
points in April, with a majorith of business owners expecting the economty to improve over the next thre tosix months. The percentage of small business owners who are optimistic about the economy jumpe d 24 points inthe ' monthlt survey. Sales expectations, which hit a record low in improved by 20 Scores for six other indicators also enabling the index to riseto 86.8 still far below 100, the level that reflects small busines s conditions in 1986. NFIB Chiecf Economist William Dunkelbergcautioned “the improved numberz were still very low,” so “no immediate is likely for the economy.
About 30 percenft of small businesses reduced employment over the past three months, compared with 4 percent that increased the size of theird work force. “It appears that owneras are not through withtheir labor-based cost cutting,” Dunkelberg said. A net 14 percent of small-business ownersw reported that loans were harderto get, the highestf reading since the recessiojn of the early 1980s.
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