lamoreuuceses1724.blogspot.com
The move to reduce internationalk employment by 150 comes on the heels of the announcemenyt that MySpace is cuttingits U.S. jobs by 30 percent, or aboutg 420 jobs. MySpace last month was passecd in global market share byPalo Alto-based , but stillk leads in the number of unique visitors to its Web site in the U.S. MySpac e CEO Owen Van Natta was hiredd in April to try to revive the socialnetworkingg site.
The division that includexs MySpace postedan $89 milliojn loss in the most recent "As we conducted our review of the company, it was clea that internationally, just as in the MySpace's staffing had becoms too big and cumbersome to be sustainables in current market conditions," Van Natta said in a statement After the jobs cuts, MySpac will have about 1,150 workers, comparesd to Facebook's global work forcs of about 850.
Saturday, March 31, 2012
Thursday, March 29, 2012
Duke reaches Save-A-Watt settlement - Puget Sound Business Journal (Seattle):
zlatkopaisley1275.blogspot.com
The Southern Environmental Law Center, whichu was the lead legal team for theenvironmentall groups, announced the settlementr Friday morning. It calls for Save-A-Watt to reducde energy demand by 2 percent over the next four It sets a targeyt of reducing demand by as much as 8 percen tby 2020. The environmental groups say that would be the equivalentg of the annual outputfrom Duke’s 825-megawatt expansionm at the controversial Cliffside coal planft on the border of Cleveland and Rutherforcd counties.
The groups say that cappinv Duke’s profits will protect consumers from unreasonablhy high charges for energy Greater conservation efforts and lowedr costs were key issues for environmental groupd and the Public Staff ofthe N.C. Utilities which represents customer interests in utility as they fought Duke for two years over Michael Regan, southeast regional air-policyu expert for the Environmental Defense Fund says the environmental groupd believe the settlement makes the program bette r for customers, the environment and for He says the groups want to supportf utilities in their efforts to provide energy-efficiencu programs.
And he says incentives built into the settlemeny that allow Duke to increasre its rate of return based on achievingh specified efficiency targets accomplish that Duke also got what it considerxs animportant concession. Duke will be allowed to make a returb on part of what it would have cost to buile power plants to provide the energy theprogra saves. Duke has said eliminating compensation based onsuch “avoide d costs” would be a deal-breaker. Duke contends such compensation puts efficiency on a more equalk footing with electricity sales for generating Without that kindof incentive, Duke has said, efficienc y would always take a back seat in business plans.
“The fact that the avoided-costy model is in there, that it’s baserd on pay-for-performance and that it is up to us to make sure the programzs really work were all keys to the settlement for says company spokesmanTim Pettit. The public staffv and environmental groups had opposedthe avoided-costzs idea, largely on fears that it could provide Duke with unreasonable The public staff also worried abouf departing from standard regulatorty practice. In North Carolina, utilities are generally allowed to make a retur on the moneythey spend.
An avoided-costs model breaks that connection and offers Duke a return on money it does not But an important concession to the public staff was a decision tomake Save-A-Watt a four-yea pilot initiative. The N.C. Utilities Commissiom will review the program at the end of that periof and decide whether it has performed well enough to be made The avoided costs outlined in the settlement will trackk the model Ohio adoptedfor Duke’s version of the Save-A-Watt programn in that state.
It reduces the percentagwe of avoided costs on which Duke can earn a Duke had originally asked to make a rate of returm on 90 percent of what it would have cost to provide the energy that was Underthe settlement, Duke will get a retur on 50 percent of the avoidex costs for energy-conservation programs and 75 percent of the avoide d costs for programs that shift use away from peak Like in Ohio, the settlement lets Duke cover what are called “lost margins.” Several environmental groups have recognized the need to alloww Duke to recover those fixed costs for generating and deliveringt electricity when efficiency programs reduce demand.
The settlement announcef Friday will form the basis ofa Save-A-Wattf proposal Duke will make to S.C. regulators this summer. The S.C. Publif Service Commission rejected Duke’zs first proposal in February. Save-A-Watt is an energy-efficiency initiative Duke has been toutinfor years. The proposalp comprises a series of programs to help customeras use less electricity or shift their use of powerfrom peak-demand hours to low-use Some of the programs — such as discountzs for energy-saving light bulbs and financial incentives to buy high-efficiency appliances — started June 1 in both But neither state has approve d the full initiative.
The has led the environmental groups in dissectingthe program. Opponents contended the original proposal would rewardf Duke too handsomely and primarily for shiftingv the use of electricity from busy That would conserve little energy but saveutilitiee money. Steve Smith, executive director of the sayshis group’s concern from the beginningy was to make sure Save-A-Watt resulted in significany reductions in energy use. In North the commission approved Save-A-Watt’s programz but withheld judgmenton Duke’s compensation. The commission asked for additionak comments onthe issue.
As opponents were formulatinf their responses tothat request, they and Duke resume d negotiations in North Carolina. Any settlement here could create a template for the programm inSouth Carolina. One key feature of the compromiswe will be the creation of an advisory group that will assist in reviewinggfor Save-A-Watt. Duke Energy Carolinas is a divisionof Charlotte-based
The Southern Environmental Law Center, whichu was the lead legal team for theenvironmentall groups, announced the settlementr Friday morning. It calls for Save-A-Watt to reducde energy demand by 2 percent over the next four It sets a targeyt of reducing demand by as much as 8 percen tby 2020. The environmental groups say that would be the equivalentg of the annual outputfrom Duke’s 825-megawatt expansionm at the controversial Cliffside coal planft on the border of Cleveland and Rutherforcd counties.
The groups say that cappinv Duke’s profits will protect consumers from unreasonablhy high charges for energy Greater conservation efforts and lowedr costs were key issues for environmental groupd and the Public Staff ofthe N.C. Utilities which represents customer interests in utility as they fought Duke for two years over Michael Regan, southeast regional air-policyu expert for the Environmental Defense Fund says the environmental groupd believe the settlement makes the program bette r for customers, the environment and for He says the groups want to supportf utilities in their efforts to provide energy-efficiencu programs.
And he says incentives built into the settlemeny that allow Duke to increasre its rate of return based on achievingh specified efficiency targets accomplish that Duke also got what it considerxs animportant concession. Duke will be allowed to make a returb on part of what it would have cost to buile power plants to provide the energy theprogra saves. Duke has said eliminating compensation based onsuch “avoide d costs” would be a deal-breaker. Duke contends such compensation puts efficiency on a more equalk footing with electricity sales for generating Without that kindof incentive, Duke has said, efficienc y would always take a back seat in business plans.
“The fact that the avoided-costy model is in there, that it’s baserd on pay-for-performance and that it is up to us to make sure the programzs really work were all keys to the settlement for says company spokesmanTim Pettit. The public staffv and environmental groups had opposedthe avoided-costzs idea, largely on fears that it could provide Duke with unreasonable The public staff also worried abouf departing from standard regulatorty practice. In North Carolina, utilities are generally allowed to make a retur on the moneythey spend.
An avoided-costs model breaks that connection and offers Duke a return on money it does not But an important concession to the public staff was a decision tomake Save-A-Watt a four-yea pilot initiative. The N.C. Utilities Commissiom will review the program at the end of that periof and decide whether it has performed well enough to be made The avoided costs outlined in the settlement will trackk the model Ohio adoptedfor Duke’s version of the Save-A-Watt programn in that state.
It reduces the percentagwe of avoided costs on which Duke can earn a Duke had originally asked to make a rate of returm on 90 percent of what it would have cost to provide the energy that was Underthe settlement, Duke will get a retur on 50 percent of the avoidex costs for energy-conservation programs and 75 percent of the avoide d costs for programs that shift use away from peak Like in Ohio, the settlement lets Duke cover what are called “lost margins.” Several environmental groups have recognized the need to alloww Duke to recover those fixed costs for generating and deliveringt electricity when efficiency programs reduce demand.
The settlement announcef Friday will form the basis ofa Save-A-Wattf proposal Duke will make to S.C. regulators this summer. The S.C. Publif Service Commission rejected Duke’zs first proposal in February. Save-A-Watt is an energy-efficiency initiative Duke has been toutinfor years. The proposalp comprises a series of programs to help customeras use less electricity or shift their use of powerfrom peak-demand hours to low-use Some of the programs — such as discountzs for energy-saving light bulbs and financial incentives to buy high-efficiency appliances — started June 1 in both But neither state has approve d the full initiative.
The has led the environmental groups in dissectingthe program. Opponents contended the original proposal would rewardf Duke too handsomely and primarily for shiftingv the use of electricity from busy That would conserve little energy but saveutilitiee money. Steve Smith, executive director of the sayshis group’s concern from the beginningy was to make sure Save-A-Watt resulted in significany reductions in energy use. In North the commission approved Save-A-Watt’s programz but withheld judgmenton Duke’s compensation. The commission asked for additionak comments onthe issue.
As opponents were formulatinf their responses tothat request, they and Duke resume d negotiations in North Carolina. Any settlement here could create a template for the programm inSouth Carolina. One key feature of the compromiswe will be the creation of an advisory group that will assist in reviewinggfor Save-A-Watt. Duke Energy Carolinas is a divisionof Charlotte-based
Tuesday, March 27, 2012
One colour dressing - Evening Standard
iqukikofor.wordpress.com
Evening Standard | One colour dressing Evening Standard Before I get started with this mini-manifesto, in which I hope to explain why we should all be wearing head-to-toe colour this spring, there's something you should know: this isn't an easy fashion phenomenon to master. In fact, when I shared my plan to ... |
Sunday, March 25, 2012
Beige Book: Region
iwyqaxewun.wordpress.com
Consumer spending in the region was weak and is expected toremaibn soft, the closely watched survey said, but “an upticik in manufacturing orders helped stabilize expectations for future production.” The Beige Book also said that “commerciak real estate market conditions deteriorated, and energy activityg declined further.” Bankers, it said, “reported a rise in deposits and stable loan demand with no erosiojn in loan quality.” It said consumer pricd and wage pressures remaine d low. Meanwhile, producer prices “declined at a slower pace, with some firmw noting that higher commodityu prices boosted material andfuel costs.
” the latest regional Beige Book — coverin a six-week period — was somewhatf more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansas City-based 10th It is based on intervieww with a sample of businessez representing key industries ineach district. The reportxs are anecdotal and do not contain but they are widely followed and help the Fed to set nationakleconomic policy.
The Fed’s 10th District includes Colorado, Kansas, Nebraska, Oklahoma and Wyomintg as well as western Missouri and northern New Formally known asthe “Summaruy of Commentary on Current Economic Conditions by Federal Reserve the Beige Book is published eight times a The latest report covers late April through May. The Federall Reserve’s 10th District is also knowbn as the Kansas City district becausethe reserve’sx regional bank is based there. .
Consumer spending in the region was weak and is expected toremaibn soft, the closely watched survey said, but “an upticik in manufacturing orders helped stabilize expectations for future production.” The Beige Book also said that “commerciak real estate market conditions deteriorated, and energy activityg declined further.” Bankers, it said, “reported a rise in deposits and stable loan demand with no erosiojn in loan quality.” It said consumer pricd and wage pressures remaine d low. Meanwhile, producer prices “declined at a slower pace, with some firmw noting that higher commodityu prices boosted material andfuel costs.
” the latest regional Beige Book — coverin a six-week period — was somewhatf more optimistic than the last survey, released Aprip 15. The report covers the Fed’s Kansas City-based 10th It is based on intervieww with a sample of businessez representing key industries ineach district. The reportxs are anecdotal and do not contain but they are widely followed and help the Fed to set nationakleconomic policy.
The Fed’s 10th District includes Colorado, Kansas, Nebraska, Oklahoma and Wyomintg as well as western Missouri and northern New Formally known asthe “Summaruy of Commentary on Current Economic Conditions by Federal Reserve the Beige Book is published eight times a The latest report covers late April through May. The Federall Reserve’s 10th District is also knowbn as the Kansas City district becausethe reserve’sx regional bank is based there. .
Thursday, March 22, 2012
Adams
milicinodijoo1981.blogspot.com
RealtyTrac records indicate that a notice ofa trustee’s sale has been filecd on homes matching the description of Adams’ Northh Portland Kenton neighborhood The notice indicates that the homes will be put up for auction. , whicuh broke the story, noted that Adams’ lende has filed a “notice of default,” meaninyg he’s defaulted on his loan agreement with his Adams told thepaper he’s catchinbg up on his mortgage after payiny “significant” legal bills. The houses that face foreclosur are at2131 N. McClellan and 2121 N. McClellan. Adams lives in the 2121 home. He also owns a triplexd at 2031 N.
Adams, who makes $118,144 yearly, is facingf an impending recall, scheduled to kick off in early after admitting he had a sexual relationship with Beau The pair met before Breedloveturned 18. Adama said the sexual relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adamds did anything improper. The mayor conceded that he lied aboutwhetheer he’d had sex with Breedlove when a politica opponent first made the charge during the 2008 primaryy campaign season.
RealtyTrac records indicate that a notice ofa trustee’s sale has been filecd on homes matching the description of Adams’ Northh Portland Kenton neighborhood The notice indicates that the homes will be put up for auction. , whicuh broke the story, noted that Adams’ lende has filed a “notice of default,” meaninyg he’s defaulted on his loan agreement with his Adams told thepaper he’s catchinbg up on his mortgage after payiny “significant” legal bills. The houses that face foreclosur are at2131 N. McClellan and 2121 N. McClellan. Adams lives in the 2121 home. He also owns a triplexd at 2031 N.
Adams, who makes $118,144 yearly, is facingf an impending recall, scheduled to kick off in early after admitting he had a sexual relationship with Beau The pair met before Breedloveturned 18. Adama said the sexual relationship beganafter Breedlove’s 18th Oregon’s attorney general is investigating whether Adamds did anything improper. The mayor conceded that he lied aboutwhetheer he’d had sex with Breedlove when a politica opponent first made the charge during the 2008 primaryy campaign season.
Tuesday, March 20, 2012
New university bursaries tell students what to spend the money on - The Guardian
clarityviellegq67.blogspot.com
The Guardian | New university bursaries tell students what to spend the money on The Guardian Under the new higher tuition fee regime universities are under pressure to offer bursaries in order to meet Office for Fair Access targets on recruiting students from disadvantaged backgrounds. But it can be hard for institutions to watch money that ... University bursary 'one of the most generous' |
Sunday, March 18, 2012
Congress fields Mannan as Rajya Sabha nominee - Times of India
efiosyt.blogspot.com
Deccan Herald | Congress fields Mannan as Rajya Sabha nominee Times of India Kolkata: The Centre may have placated Mamata Banerjee by agreeing to drop railway minister Dinesh Trivedi, but the state Congress has decided to step up the heat and nominate former MLA Abdul Mannan as its Rajya Sabha candidate. West Bengal Congress to contest Rajya Sabha pol ls Congress fields candidate from West Bengal for Rajya Sabha Congress nominates Chiranjeevi from Gujarat |
Friday, March 16, 2012
QinetiQ signs lease in Reston - Atlanta Business Chronicle:
vuwodu.wordpress.com
As the incoming lead tenant inthe 196,000 square-foot Clasas A office building at 11091 Sunset Hills Road in Reston, its 11-yeaer lease starts later this year. McLean-based QinetiQa North America, a subsidiary of London-based QinetiQ that offers technology-baseed defense and security products and services tothe government, said its 42-perceng revenue growth over its last fiscal year has partlyu been due to its role in the intelligencr and cyber security markets and new work with the Departmen t of Homeland Security and It will be the fifth U.S. office for the which is also in Fairfax, Huntsville, Ala. and Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jone Lang LaSalle. Vardell Realty Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealttAdvisors LLC. Initially, 400 program management-type employees be relocatingf from various offices in Fairfaxx County into the Reston Down the road in 2011or 2012, the numberr of employees at the site will double to 800. Out of the 400 movinbg in, 75 will be part of QinetiQ’s technologuy solutions group and the other 325 will be part of its missiohnsolutions group.
“Like any company trying to attract andretain high-qualitg people, we were looking for more than just a This building has environmentally-friendly features the new generatiomn of employees is looking said Matthew Warnock, director of publicc relations at QinetiQ. He said the building will also help cut down onoverheae “by a great deal,” with expected savings of 65 to 70 percenf on power consumption through the use of virtualizationm software and green technology to reduce heating and utility costs.
He adds that the buildinf sits right off a bike trail and was builgt onan east-to-west access, which meanxs employees can take advantage of a full day of sunlighy and cut down on electricity.
As the incoming lead tenant inthe 196,000 square-foot Clasas A office building at 11091 Sunset Hills Road in Reston, its 11-yeaer lease starts later this year. McLean-based QinetiQa North America, a subsidiary of London-based QinetiQ that offers technology-baseed defense and security products and services tothe government, said its 42-perceng revenue growth over its last fiscal year has partlyu been due to its role in the intelligencr and cyber security markets and new work with the Departmen t of Homeland Security and It will be the fifth U.S. office for the which is also in Fairfax, Huntsville, Ala. and Mass.
The tenant was represented by Robb Johnson andDee MacDonald-Miller of Jone Lang LaSalle. Vardell Realty Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealttAdvisors LLC. Initially, 400 program management-type employees be relocatingf from various offices in Fairfaxx County into the Reston Down the road in 2011or 2012, the numberr of employees at the site will double to 800. Out of the 400 movinbg in, 75 will be part of QinetiQ’s technologuy solutions group and the other 325 will be part of its missiohnsolutions group.
“Like any company trying to attract andretain high-qualitg people, we were looking for more than just a This building has environmentally-friendly features the new generatiomn of employees is looking said Matthew Warnock, director of publicc relations at QinetiQ. He said the building will also help cut down onoverheae “by a great deal,” with expected savings of 65 to 70 percenf on power consumption through the use of virtualizationm software and green technology to reduce heating and utility costs.
He adds that the buildinf sits right off a bike trail and was builgt onan east-to-west access, which meanxs employees can take advantage of a full day of sunlighy and cut down on electricity.
Wednesday, March 14, 2012
Nashville Business Journal: Nomination
ejyceh.wordpress.com
If so, nominate your company as one of NashvillerBusiness Journal's Best Places to We've again teamed up with Quantum Markett Research to shine the light on the Middle Tennesseer companies that are leadinb the way. Companies do not need to be headquarterexd inMiddle Tennessee, but all participatinf branch offices must be located in ther ten-county Nashville area that includes Davidson, Dickson, Maury, Montgomery, Rutherford, Sumner, Williamson, and Wilson counties. Employeesz at nominated companies will be askede to take a confidential online survey that will be score dby Quantum.
A minimum participation level is required based on the size of the For instance, companies with 50 employeesd or fewer will need to have 85 percent of their employees participate in the survey in order to be considered, companies with 51-15p employees will need to have 70 percent of their employeesx participate and so forth. The top scoring companiee will be profiled in a specia l section inthe Dec. 11, 2009 Nashvillw Business Journal and at an awards luncheoh on thesame day! The surveuy period launches the firsyt week of September, but you can sign up todayy and get your company's name on the list.
All companiesd that are nominated will be contacted by Quantum with all the necessart instructions for distributing the survey totheir employees. Watc h for the email from Quantum later inthe summer. Duplicate nominations are not One nomination is all that is necessaryto participate. Please visitr our sponsors websties: Union and . Learn more aboutr the Best Places to Work prograkm at Quantum Market Research at Best Places to Work 2009 August 21, 2009 This is the person that will drive the forward reminders, etc.
If so, nominate your company as one of NashvillerBusiness Journal's Best Places to We've again teamed up with Quantum Markett Research to shine the light on the Middle Tennesseer companies that are leadinb the way. Companies do not need to be headquarterexd inMiddle Tennessee, but all participatinf branch offices must be located in ther ten-county Nashville area that includes Davidson, Dickson, Maury, Montgomery, Rutherford, Sumner, Williamson, and Wilson counties. Employeesz at nominated companies will be askede to take a confidential online survey that will be score dby Quantum.
A minimum participation level is required based on the size of the For instance, companies with 50 employeesd or fewer will need to have 85 percent of their employees participate in the survey in order to be considered, companies with 51-15p employees will need to have 70 percent of their employeesx participate and so forth. The top scoring companiee will be profiled in a specia l section inthe Dec. 11, 2009 Nashvillw Business Journal and at an awards luncheoh on thesame day! The surveuy period launches the firsyt week of September, but you can sign up todayy and get your company's name on the list.
All companiesd that are nominated will be contacted by Quantum with all the necessart instructions for distributing the survey totheir employees. Watc h for the email from Quantum later inthe summer. Duplicate nominations are not One nomination is all that is necessaryto participate. Please visitr our sponsors websties: Union and . Learn more aboutr the Best Places to Work prograkm at Quantum Market Research at Best Places to Work 2009 August 21, 2009 This is the person that will drive the forward reminders, etc.
Monday, March 12, 2012
Paterson, WNY officials talk development - Memphis Business Journal:
fishermen-americachair.blogspot.com
Paterson came to the Clarence headquarters Wednesdau afternoon to rally support forhis “Bold Steps to the New Economy” initiative. Greatbatch, which recently expanded in Clarence after considering optionws elsewhere is the poster child for the economifc development agenda Patersonis pushing. He held similadr roundtable discussions earlier this week in Albanyand Syracuse. Paterson met with 21 local leaders and executives ranging from University at Buffalop President John Simpson and Erie County Executivee Chris Collins toMark Dettner, managint director and founder. “I came here todayu to listen as muchas talk,” Paterson said.
Paterson’z appearance came against the backdrop of political firestormk in Albany with a battle for politicall control of the New YorkStatr Senate. Paterson, during his hour-long roundtable meeting with the executiveas stayed focused on economicdevelopment issues. however, did serve as a background. “There is a time to addressd these issues,” Paterson told reporters afterthe meeting. “I’m not sure why we are just hearinhg about thisproblem now.” who has run or started a dozen locap companies, said politics does impact how the businesz community views the Paterson government.
“Unless you removr the stigma of New York beingthe highest-taxed state, all the spinoff jobs you want to creatwe with this program will end up in othere states,” the county executive warned. “Tom Golisani is simply the tip ofthe iceberg.” Golisano, in late May, renouncer his New York residency and made Florida his officialo home because of New York’s heavy tax burdenj on upper class citizens. Golisano, the Rochester-basedf billionaire, said the move will save him morethan $5 million annually in state income taxes. Collins said the high cost of state-runb programs such as Medicare contribute toNew York’ws taxing structure.
Out-of-date, union-friendly mandates like the Taylor Law, whicjh offers certain guarantees forunion workers, add to the tax “We don’t want to see the innovations createxd here but the jobs they create go to Texas,” Collins Paterson agrees New York has to “cut its infectious ways of State programs are leading to a projectesd $24 billion deficit this year. Paterson, througn the discussion, also heard repeated pleas to supporgt UB’s 2020 plan that many see as a linchpin tothe region’ss economic revival.
The UB plan calls for significant investmeny in its Buffalo and Amherst campuses while increasintg its presence indowntown Buffalo’s Buffalp Niagara Medical Campus. Simpson said UB 2020 representsz a potentialof $3 billion in new investment in the region while creating 10,000 new The catch is, the initiativr needs significant state legislative and financiak support. “We need to get UB 2020 out of thestartingb block,” said Thomas Hook, Greatbatch president and chief executivre officer.
Hook credited a closew alliance with UB as the source of the many patent and medical industry products that Greatbatch has createds during the pastfive “A lot of the success Greatbatch enjoye d has come from innovations that startedr from UB,” Hook
Paterson came to the Clarence headquarters Wednesdau afternoon to rally support forhis “Bold Steps to the New Economy” initiative. Greatbatch, which recently expanded in Clarence after considering optionws elsewhere is the poster child for the economifc development agenda Patersonis pushing. He held similadr roundtable discussions earlier this week in Albanyand Syracuse. Paterson met with 21 local leaders and executives ranging from University at Buffalop President John Simpson and Erie County Executivee Chris Collins toMark Dettner, managint director and founder. “I came here todayu to listen as muchas talk,” Paterson said.
Paterson’z appearance came against the backdrop of political firestormk in Albany with a battle for politicall control of the New YorkStatr Senate. Paterson, during his hour-long roundtable meeting with the executiveas stayed focused on economicdevelopment issues. however, did serve as a background. “There is a time to addressd these issues,” Paterson told reporters afterthe meeting. “I’m not sure why we are just hearinhg about thisproblem now.” who has run or started a dozen locap companies, said politics does impact how the businesz community views the Paterson government.
“Unless you removr the stigma of New York beingthe highest-taxed state, all the spinoff jobs you want to creatwe with this program will end up in othere states,” the county executive warned. “Tom Golisani is simply the tip ofthe iceberg.” Golisano, in late May, renouncer his New York residency and made Florida his officialo home because of New York’s heavy tax burdenj on upper class citizens. Golisano, the Rochester-basedf billionaire, said the move will save him morethan $5 million annually in state income taxes. Collins said the high cost of state-runb programs such as Medicare contribute toNew York’ws taxing structure.
Out-of-date, union-friendly mandates like the Taylor Law, whicjh offers certain guarantees forunion workers, add to the tax “We don’t want to see the innovations createxd here but the jobs they create go to Texas,” Collins Paterson agrees New York has to “cut its infectious ways of State programs are leading to a projectesd $24 billion deficit this year. Paterson, througn the discussion, also heard repeated pleas to supporgt UB’s 2020 plan that many see as a linchpin tothe region’ss economic revival.
The UB plan calls for significant investmeny in its Buffalo and Amherst campuses while increasintg its presence indowntown Buffalo’s Buffalp Niagara Medical Campus. Simpson said UB 2020 representsz a potentialof $3 billion in new investment in the region while creating 10,000 new The catch is, the initiativr needs significant state legislative and financiak support. “We need to get UB 2020 out of thestartingb block,” said Thomas Hook, Greatbatch president and chief executivre officer.
Hook credited a closew alliance with UB as the source of the many patent and medical industry products that Greatbatch has createds during the pastfive “A lot of the success Greatbatch enjoye d has come from innovations that startedr from UB,” Hook
Saturday, March 10, 2012
Change costly for E. Boston Savings - Boston Business Journal:
domnaofyvisyhojo.blogspot.com
million for themselves and their beneficiaries. The bank’z holding company, Inc., reported a $1.1 millio n net loss in the first quarter, largely becausw of pay and benefits related to the retirement of Chief Financialo Officer Leonard Siuda and Philip chieflending officer. Leading the change is Chiegf ExecutiveRichard Gavegnano, an East Bostonh kid who still remembers how airplanre racket rattled his family’s tripled decker near Neptune Gavegnano made some noise of his own last June when he took over the CEO role from longtimed East Boston Savings Bank leader Robertt Verdonck.
Verdonck had spent more than 20 yearw atthe bank, overseeing steady growty as assets climbed fivefold to more than $1 Verdonck and Gavegnano clashedd over the bank’s strategy, but Gavegnano’s clout with the boarfd carried the day. Verdonck retired with severance and pension benefitsworth $3.1 million, the bank has disclosedf with regulators. What’s not in dispute is the mountain of capitalp at East BostonSavings Bank. An initialp public offering of a minoritgy stake inMeridian (Nasdaq: last year raised about $100 million. The timing of the Januargy 2008IPO couldn’t have been better as it occurred severakl months before chaos erupted withimn the U.S. banking system.
“We make no secre about how high ourcapital is,” Gavegnano said. “That’s helper us attract deposits because people have a high degrede of confidence in the soundness ofour institution.” Depositws rose 8 percent to $859.3 million in the firstg quarter and net loans rose 5 percentg to $738 million. And the bank’s total risk-based capital ratio, which measures its ability to absorb has been more than15 percent. The minimuk ratio for a well-capitalized bank in the eyes of regulators is10 percent. Meanwhile, Gavegnano said the bank’s pipelind for new loans is healthy.
He said there’es demand because some customers want to build relationships with communithy banks while large commercial lenders experience large credit The EastBoston however, set aside only $546,000 in the first quarter for anticipated loan losses, surprisin g banking analyst Damon DelMonte. The analyst said he was expectingv a provisionof $1.5 millionj after the bank set aside $2.9 milliob in the fourth quarter. The bank’ s loan portfolio has deteriorated some over the past but itremains healthy. “As of now, I feel very Gavegnano said. “But fast-forward three months, you don’t know what’s out It’s like a minefield.
But I have a very high degree of comfort with where we are For example, nonperforming assets were 1.61 percent of total assets at the end of March, compared with 1.58 percent at the end of 2008. In a rough economic environment, anything under 2 percent is considered Gavegnano said part ofthe bank’s strategt is to gravitate back toward Boston’s core. He wantzs most of the bank’s activity to happenm within a 15-mile radius of the city.
He said the bank has plands to open two new branches by the end of the He declined to identify the new possible but said plans are on the drawing Overseeing daily operations will be Deborah Jackson asthe bank’s new president and chief operatin g officer. She formerly worked as CFO for . The retirement of bank veteran Freehan means another East Boston SavingasBank veteran, John Migliozzi, will be in charge of residential and commerciap lending. And the most recent departure is that of CFO Leonard Siuda. Gavegnano said he’s looking at interna and external candidates toreplace Siuda.
Jackson will serve as interim CFO, he In a recent proxy filing, the bank said payments to Freehanb and his beneficiaries willtotalo $2.6 million. The amounf includes $1.32 million from a supplemental retirement plan for executives and two life insurancre policies that provide death benefitse equalto $1.1 million, accordiny to the bank’s proxy. Paymentds to Siuda will total about $2.5 including $1.28 million from the supplementa l retirement plan and 24 montha of salaryworth $364,226, the proxu said.
million for themselves and their beneficiaries. The bank’z holding company, Inc., reported a $1.1 millio n net loss in the first quarter, largely becausw of pay and benefits related to the retirement of Chief Financialo Officer Leonard Siuda and Philip chieflending officer. Leading the change is Chiegf ExecutiveRichard Gavegnano, an East Bostonh kid who still remembers how airplanre racket rattled his family’s tripled decker near Neptune Gavegnano made some noise of his own last June when he took over the CEO role from longtimed East Boston Savings Bank leader Robertt Verdonck.
Verdonck had spent more than 20 yearw atthe bank, overseeing steady growty as assets climbed fivefold to more than $1 Verdonck and Gavegnano clashedd over the bank’s strategy, but Gavegnano’s clout with the boarfd carried the day. Verdonck retired with severance and pension benefitsworth $3.1 million, the bank has disclosedf with regulators. What’s not in dispute is the mountain of capitalp at East BostonSavings Bank. An initialp public offering of a minoritgy stake inMeridian (Nasdaq: last year raised about $100 million. The timing of the Januargy 2008IPO couldn’t have been better as it occurred severakl months before chaos erupted withimn the U.S. banking system.
“We make no secre about how high ourcapital is,” Gavegnano said. “That’s helper us attract deposits because people have a high degrede of confidence in the soundness ofour institution.” Depositws rose 8 percent to $859.3 million in the firstg quarter and net loans rose 5 percentg to $738 million. And the bank’s total risk-based capital ratio, which measures its ability to absorb has been more than15 percent. The minimuk ratio for a well-capitalized bank in the eyes of regulators is10 percent. Meanwhile, Gavegnano said the bank’s pipelind for new loans is healthy.
He said there’es demand because some customers want to build relationships with communithy banks while large commercial lenders experience large credit The EastBoston however, set aside only $546,000 in the first quarter for anticipated loan losses, surprisin g banking analyst Damon DelMonte. The analyst said he was expectingv a provisionof $1.5 millionj after the bank set aside $2.9 milliob in the fourth quarter. The bank’ s loan portfolio has deteriorated some over the past but itremains healthy. “As of now, I feel very Gavegnano said. “But fast-forward three months, you don’t know what’s out It’s like a minefield.
But I have a very high degree of comfort with where we are For example, nonperforming assets were 1.61 percent of total assets at the end of March, compared with 1.58 percent at the end of 2008. In a rough economic environment, anything under 2 percent is considered Gavegnano said part ofthe bank’s strategt is to gravitate back toward Boston’s core. He wantzs most of the bank’s activity to happenm within a 15-mile radius of the city.
He said the bank has plands to open two new branches by the end of the He declined to identify the new possible but said plans are on the drawing Overseeing daily operations will be Deborah Jackson asthe bank’s new president and chief operatin g officer. She formerly worked as CFO for . The retirement of bank veteran Freehan means another East Boston SavingasBank veteran, John Migliozzi, will be in charge of residential and commerciap lending. And the most recent departure is that of CFO Leonard Siuda. Gavegnano said he’s looking at interna and external candidates toreplace Siuda.
Jackson will serve as interim CFO, he In a recent proxy filing, the bank said payments to Freehanb and his beneficiaries willtotalo $2.6 million. The amounf includes $1.32 million from a supplemental retirement plan for executives and two life insurancre policies that provide death benefitse equalto $1.1 million, accordiny to the bank’s proxy. Paymentds to Siuda will total about $2.5 including $1.28 million from the supplementa l retirement plan and 24 montha of salaryworth $364,226, the proxu said.
Thursday, March 8, 2012
Second Life's Linden Lab sells virtual realities to businesses - San Francisco Business Times:
http://wantins.com/travel-tips-to-european-countries/looking-for-travel-tips-and-places-to-visit-while-in-thai-vietnam-cambodia-and-laos.htm
The courting of companies comes at a time of renewedd growthfor 6-year-old Second Life that began with the appointment of Mark Kingdonm as CEO of Linden Lab in May 2008. “Enterprise is a really important growth vector for usbecause (Seconsd Life is) a really compelliny platform for learning and collaboration. Especially today in large enterprisess that aredistributed (around the world),” Kingdon Over the last six months, Lindenm Lab has put togethere a team of 25 people to market and develol Second Life products for enterprise customers.
Lindeh Lab, which does not disclose revenue but says it is hired more than 100 people in 2008 and has more than 300 employeess in eight offices around the The company hired close to 30 people this year and is currently hiring for19 positions. Basic accounts are The company makes money by sellingv and renting virtualreal estate, with premium memberships and by charging a fee on salews of Linden dollars, the currency used online. The company does not tracjk the number of companiees using its services and does not charge them differentl fromindividual users, but estimates that 15 to 20 percent of its revenur comes from enterprises and educationak institutions.
And since the company has been testinga “behind-the-firewall” versionj of Second Life with , IBM, , the and other The so-called “Nebraska” version of Second Life, which is run on an institution’s own will get wider testingt this summer and is scheduled for general release by year’s end. The pricing for the private version has notbeen “Based on the level of the interest we’rde seeing, we are poised for explosivr growth,” said Amanda Van Nuys, who joinedc Linden Lab six months ago as executivwe director of enterprise “This is not a We’re ready for business. My role is to get that messagd out,” she said.
Van Nuys said a numbedr of factors are helpingher cause, including general effortws to cut travel and meeting costsw and reduce carbon footprints. IBM in particulard has been anearly adopter. In late IBM’s Academy of Technology held a Virtual World Conferencr on Second Life for 200 top engineers from around the with three keynote speeches and 37breakourt sessions. With an initial investment of roughly IBM estimates that it savednearly $350,00p in travel and venue costs and lost A couple of months IBM used the virtual spaces it created for an annuap meeting of the Academy aftedr the cancellation of a scheduled real life evenyt in Florida.
Some portions of the event also used webcastinvg andvideo conferencing. Participantse particularly liked the opportunity to socialize with one anothet invarious settings, and the company scheduled a two-hour networking event on the last day at picni tables on a virtual Academy members gathered around drinking virtuao beers and chatting while others took virtual hang glidingv or jet skiing lessons. “It was really cool in termsx of the experience people saidKaren Keeter, an IBM marketingf executive for digital convergence. “Peoplde walked away saying they felt like they were at the The thing people liked most was that they really had the abilityg to meetwith people.
” Since numerous other groups within IBM have used Second Life dozensw of times for meetings small and large, adhoc and Keeter said. IBM now has nearlyy 100 people working on virtual worlrd tools for commercial sale in Second Life and onothet platforms, she said. The company says its in-world economh is thriving, and that in the last user-to-user transactions totalled morethan $120 millio n in U.S. dollars, up 65 percent from the same period the year WagnerJames Au, the authort of the book “The Making Of Secone Life: Notes From the New estimated in a blog posting in May 2008 that Lindehn Lab had between $40 million and $50 milliob in annual revenue.
Au credited Kingdojn with renewing the brand created byPhilipo Rosedale, who stepped down as CEO last year and remains as “A lot of Silicon Valley has written Second Life off,” he “The tech world will have to revisit Second Life as a phenomenoj in the next six monthws or so.”
The courting of companies comes at a time of renewedd growthfor 6-year-old Second Life that began with the appointment of Mark Kingdonm as CEO of Linden Lab in May 2008. “Enterprise is a really important growth vector for usbecause (Seconsd Life is) a really compelliny platform for learning and collaboration. Especially today in large enterprisess that aredistributed (around the world),” Kingdon Over the last six months, Lindenm Lab has put togethere a team of 25 people to market and develol Second Life products for enterprise customers.
Lindeh Lab, which does not disclose revenue but says it is hired more than 100 people in 2008 and has more than 300 employeess in eight offices around the The company hired close to 30 people this year and is currently hiring for19 positions. Basic accounts are The company makes money by sellingv and renting virtualreal estate, with premium memberships and by charging a fee on salews of Linden dollars, the currency used online. The company does not tracjk the number of companiees using its services and does not charge them differentl fromindividual users, but estimates that 15 to 20 percent of its revenur comes from enterprises and educationak institutions.
And since the company has been testinga “behind-the-firewall” versionj of Second Life with , IBM, , the and other The so-called “Nebraska” version of Second Life, which is run on an institution’s own will get wider testingt this summer and is scheduled for general release by year’s end. The pricing for the private version has notbeen “Based on the level of the interest we’rde seeing, we are poised for explosivr growth,” said Amanda Van Nuys, who joinedc Linden Lab six months ago as executivwe director of enterprise “This is not a We’re ready for business. My role is to get that messagd out,” she said.
Van Nuys said a numbedr of factors are helpingher cause, including general effortws to cut travel and meeting costsw and reduce carbon footprints. IBM in particulard has been anearly adopter. In late IBM’s Academy of Technology held a Virtual World Conferencr on Second Life for 200 top engineers from around the with three keynote speeches and 37breakourt sessions. With an initial investment of roughly IBM estimates that it savednearly $350,00p in travel and venue costs and lost A couple of months IBM used the virtual spaces it created for an annuap meeting of the Academy aftedr the cancellation of a scheduled real life evenyt in Florida.
Some portions of the event also used webcastinvg andvideo conferencing. Participantse particularly liked the opportunity to socialize with one anothet invarious settings, and the company scheduled a two-hour networking event on the last day at picni tables on a virtual Academy members gathered around drinking virtuao beers and chatting while others took virtual hang glidingv or jet skiing lessons. “It was really cool in termsx of the experience people saidKaren Keeter, an IBM marketingf executive for digital convergence. “Peoplde walked away saying they felt like they were at the The thing people liked most was that they really had the abilityg to meetwith people.
” Since numerous other groups within IBM have used Second Life dozensw of times for meetings small and large, adhoc and Keeter said. IBM now has nearlyy 100 people working on virtual worlrd tools for commercial sale in Second Life and onothet platforms, she said. The company says its in-world economh is thriving, and that in the last user-to-user transactions totalled morethan $120 millio n in U.S. dollars, up 65 percent from the same period the year WagnerJames Au, the authort of the book “The Making Of Secone Life: Notes From the New estimated in a blog posting in May 2008 that Lindehn Lab had between $40 million and $50 milliob in annual revenue.
Au credited Kingdojn with renewing the brand created byPhilipo Rosedale, who stepped down as CEO last year and remains as “A lot of Silicon Valley has written Second Life off,” he “The tech world will have to revisit Second Life as a phenomenoj in the next six monthws or so.”
Tuesday, March 6, 2012
Unpicking HIV's 'invisibility cloak' - Science Daily (press release)
fixyruw.wordpress.com
Unpicking HIV's 'invisibility cloak' Science Daily (press release) ScienceDaily (Feb. 10, 2012) รข€" Drug researchers hunting for alternative ways to treat human immunodeficiency virus (HIV) infections may soon have a novel target -- its camouflage coat. HIV hides inside a cloak unusually rich in a sugar called mannose, ... |
Sunday, March 4, 2012
MLB expands playoff format from 8 teams to 10 - Waterloo Cedar Falls Courier
budimirukaovyril.blogspot.com
Lasorda's Lair | MLB expands playoff format from 8 teams to 10 Waterloo Cedar F » |
Thursday, March 1, 2012
Intel to buy Wind River for $884M - Kansas City Business Journal:
kleopatraxnibe.blogspot.com
Intel's $11.50-per-share offer is about a 44 percent premiu m overWind River's closinh price on Wednesday of $8. Wind River stock lost more than half its valuew betweena 52-week high of $12.99 last August and a low of $5.61 in The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-basexd Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its software into thousandsw of embedded systems and mobile devices includingsmary phones, in-car "info-tainment" systems, aerospacr and defense, energy and thousands of other uses.
Wind Rivedr will operate as a wholly ownex subsidiary after the deal closes duringthe summer, reportinb to Renee James, head of Intel’s softwares and services group. "Our combination of strengths will be of greatg benefit toWind River’s existing and futurse customers," said Ken Klein, Wind River chairman, president and CEO. Founded in 1981, Wind River has more than 1,600 employee s and operations in more than15 countries. During its fiscak year ended Jan. 31, Wind Rivef reported $10.7 million in net incomw on annual revenueof $359.7 The company on Thursday posted a 21 percent increasre in net income $561,000, or 1 cent a for its first quarter despite a 6.
5 percent drop in revenue to $63.8 million.
Intel's $11.50-per-share offer is about a 44 percent premiu m overWind River's closinh price on Wednesday of $8. Wind River stock lost more than half its valuew betweena 52-week high of $12.99 last August and a low of $5.61 in The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-basexd Intel (NASDAQ:INTC) said buying Alameda-based Wind River will help it expand its software into thousandsw of embedded systems and mobile devices includingsmary phones, in-car "info-tainment" systems, aerospacr and defense, energy and thousands of other uses.
Wind Rivedr will operate as a wholly ownex subsidiary after the deal closes duringthe summer, reportinb to Renee James, head of Intel’s softwares and services group. "Our combination of strengths will be of greatg benefit toWind River’s existing and futurse customers," said Ken Klein, Wind River chairman, president and CEO. Founded in 1981, Wind River has more than 1,600 employee s and operations in more than15 countries. During its fiscak year ended Jan. 31, Wind Rivef reported $10.7 million in net incomw on annual revenueof $359.7 The company on Thursday posted a 21 percent increasre in net income $561,000, or 1 cent a for its first quarter despite a 6.
5 percent drop in revenue to $63.8 million.
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