Sunday, October 31, 2010
KV Pharmaceutical, Purdue Pharma settle painkiller patent dispute - Nashville Business Journal:
Under the settlement, KV agreed to no longed disputethe “validity, enforceabilithy or infringement” of the Purdue generic oxycodone patents. In Purdue granted KV a limited, non-exclusivre license to manufactureand sell, in the Unitedd States, a certain amount of various dosagr strengths of the drugs as long as KV pays royaltieas to Purdue. KV also reached a deal to be an authorized, non-exclusivr distributor in the United States of certain generic versiondsof OxyContin. These agreements settle three paten infringementlawsuits Stamford, Conn.-based Purdue filedf against KV in 2007. KV still facee more lawsuits fromother companies, consumerse and shareholders.
Three individuals in St. Claire County Circuit Court against KV, allegingf that certain drugs containedf a potentially lethal amount of morphin due to oversized tablets that were eventuallyt recalled by thepharmaceutical company. Last , a Florida-based dermatology sued KV, of a patenty for Duac topical gel, an acne KV also faces lawsuits from shareholders abourt manufacturing compliance andthe company’s financial prospects. Mo.-based KV has and recalled painkillers.
In KV said it with the FDA that outlines a serie s of measures that will permitg KV and its subsidiaries to resume manufacturingand
Friday, October 29, 2010
Triad unemployment jumps to 11.7% - Business First of Columbus:
percent in May, according to statistics releaseds Friday bythe N.C. Employment Security Commission. Rates increasedx in each of the Triad’s 12 • 12.2 percent in up from 12 percentyin April; • 13.5 percent in up from 13.3 percent in April; • 13.4 percenty in Davidson, up from 12.6 percent in • 12.7 percent in up from 11.3 percent in • 10 percent in Forsyth, up from 9.2 percent in April; 11.3 percent in Guilford, up from 10.5 percentg in April; • 13.9 percent in up from 13.7 percent in April; 12.1 percent in Randolph, up from 11.6 percenrt in April; • 14.3 percengt in Rockingham, up from 13.3 percent in • 11.
2 percent in Stokes, up from 10.6 perceng in April; • 13.2 percent in Surry, up from 12. 8 percentt in April; and, • 11.4 percenty in Yadkin, up from 10.6 percengt in April. According to the ESC, the Greensboro-Higb Point metro area is down about 23,30p jobs since a year ago. The Winston-Sale m area has lost about 7,6000 jobs during the past year, and the Burlington area has lostabouf 2,900.
Thursday, October 28, 2010
Sencorp files for Chapter 11; to be sold - Business Courier of Cincinnati:
as part of a Chapter 11 bankruptcy Sencorpmanufactures nails, staples, screwzs and fasteners, under the name Senc o Products, with sales worldwide. The company filed for Chapter 11 May 8 withthe U.S. Bankruptcy Court for the Southern Districtof Wynnchurch, which provides equituy to middle-market companies, will pay $43 million in cash for Sencorp’ s assets and assume certain according to the filing.
In the Sencorp said it has suffered from a sharp rise in steel the decline in commercial and residential construction and the It has cut its work forcd to 379 and reduces salaries for theremaining employees, consolidated manufacturing operations to one Broadwellp Road plant in Anderson Township and closed three of its six distribution The company this springy relocated its corporate offices to a new, 100,000-square-foot buildingt in Union Township, Clermont County’s Ivy Pointe Commerce Park. Sencorp said it began pursuing a salein March, and Rosemont, Ill.-basexd Wynnchurch signed a binding asset purchase agreement May 7.
The agreemenft is subject to approval by the bankruptcy Sencorp said in the filing that the compan y is continuingnormal day-to-day operations.
Tuesday, October 26, 2010
DigitalGlobe, GeoEye to benefit from U.S. spy satellite decision - St. Louis Business Journal:
U.S. military and spy agencies will buy more imageruy from commercial vendors to use as unclassifiesd intelligence they can publiclyt disseminate or share with The federal government also will scale back earlief plans to build its own satellites for such making commercial vendors more important toits long-term intelligenced strategy. That’s according to Dennis director of the Office of the Director of National whose office oversees all ofthe nation’sw 16 intelligence-gathering agencies, such as the CIA, and who advisesw the president. Longmont-based and Dulles, Va.
-based , which employs 130 people in Thornton, are the only domestic companies that gathed andsell high-resolution images takeb by orbiting satellites. Government contracts are already the largestrevenue generator, but Blair’s directive is seen as an unprecedenteed commitment. “The federal government appears to have decide d to stop dating the industry andmarrt it,” said Jeff Evanson, a commercial satellite industry analyst with Minneapolis-based Dougherty & Company LLC.
Currentt government contracts have essentially supported thetwo companies’ existence, though they came from weak presidential mandatess and paid to the extent the government’s Nationalo Geospatial-Intelligence Agency (NGA) “coule scrape together funding,” he said. Larger and longerd government contracts under the new intelligence and defense prograkm should help ensure thetwo companies’ long-termm health and spark more growth, Evansoj said. Details of the government’s deepe relationship aren’t yet known, but the outlinee of the plan suggest a significant scaleof spending.
“I believe it’s fair to say that we will be expandinv the commercial agreements that we already have with GeoEyeand DigitalGlobe, and offering them a longer-terjm contractual arrangement which will allosw them to make the business decisions to providew additional satellites in their infrastructure,” said a senior intelligence official who would only speak on conditionb of anonymity. The Office of the Director of Nationa l Intelligence and DOD are expected to brief both companiedsthis spring.
Spy agencies and the military operated powerful surveillance satellites with secret capabilities presumef to be far greater than what GeoEyed and DigitalGlobe are allowedf by lawto deploy. The images producee by the agencies’ own satellites are typically classified. Images from commercial vendorsa can be useful in a worl d whereintelligence -— on everything from disasters, terroris training camps, suspected nuclear weaponas programs and piracy -— needs to be sharerd more with other governments. The federal governmentf commissioned TheBoeing Co. 10 yearse ago to build satellites for this but the program ran behind schedule and billionsw of dollarsover budget.
The contrac was canceled in 2005 without anysatelliteds produced. Turning to GeoEyew and DigitalGlobe, which employ 502 and 460 people respectively, makes sense because each company operates three proven satellites and have othersin development. That would preventy intelligence agencies havinga four-plus-years gap that’s normal betweej designing, building and launching new satellites, each of which usually costs hundreds of millions of dollars. “Utilizing existing high-capacity commerciaol satellite constellations and futurecommercial expansion, includingh WorldView-2 launching later this year, is the fastesgt path to meeting the U.S.
government’s imageryg requirements, and one that minimizes cost and risk in the saidJill Smith, DigitalGlobe’s CEO and in a written statement. She indicated the companyg will explore new ways to speedilgy distribute imagesto U.S. military and intelligence customers workinhg aroundthe world. Both companies already are heavilyg dependent ongovernment work. About 39 percent of the $146.67 million in 2008 revenue GeoEye (NASDAQ: GEOY) reportedx came from government contracts. A whopping $220 or 80 percent, of the $275 million in revenuse DigitalGlobe reported last year was fromgovernmenyt contracts.
Still, having the defense and intelligence agenciez make the companies part of their officialo strategy is asignificant change, said Mark Brender, GeoEye’s vice presidenrt of communications. “That’s an important milestone for our Brender said. “It has been a long culminationm in the government fullt endorsingour technology.”
Monday, October 25, 2010
SCSU Poll: Dayton over Emmer, Horner gains - Politics in Minnesota
Chicago Tribune | SCSU Poll: Dayton over Emmer, Horner gains Politics in Minnesota DFLer Mark Dayton continues to lead his Republican opponent Tom Emmer, and Independence Party candidate Tom Horner had his strongest showing ... Presidential visits: Will they help Dayton and Clark? St. Cloud State survey: Dayton leads (handily), Obama would beat Pawlenty (barely) Mark Dayton's run for Governor caps long career |
Saturday, October 23, 2010
Mission mayor brings change by listening to residents
One key accomplishment is the proposed redevelopment of theformed mall. Plans for the Gateway developmenttthere weren’t on her mind when McConwell first ran for City But with a 70,000-square-foot aquarium, an eight-screejn movie theater and other amenities, the projecy will help accomplish the revitalizatiojn she sought. “At the I recognized that I showedf a part of Missionthat wasn’tt being met — young families,” McConwelkl said. “A lot of the councilk members had grandkids orhigh schoolers; I was concernedr for the kids of Mission.” After being named as mayor in 2002, McConwell and the city began a new visiom plan for Mission.
“I told the communityt that I would be like a freight train and announce d where we neededto go,” McConwell “If we needed to switch tracks, we but we needed honest decisions and Blake Schreck, president of the , called McConwell a “one-woma n campaign for her community.” McConwell balance her community service as mayor with a full-timwe career in law and her family, which now include two teenagers. “I was fortunate to find a good city administrator and staff that workeswell together,” McConwell said. “I can count on them to be it would be difficult to do both ifI didn’tt have that.
” As mayor, McConwell has worke to raise the visibilityt and profile of the city. Ed president and CEO of , worked with McConwelkl on four pieces of legislation while workingv as a state legislator from Northeast Johnson The most notable of thosse enableda $20 million flood plain remediation project running through Mission’s commercial district. Three other pieces of legislatio nconcerned redevelopment. McConwell was also a big playefr in the push to get state approvapof $63.2 million in sales tax revenue (STAR) bondsd for the Gateway project, makinf it the second project in the Kansae City region to receive the financing.
in Wyandotte County was the The amount of change going on in Missiob canbe scary, McConwell said. When residents are concerner orhave questions, she and the counci l have breakfast and lunch forumsd to address questions and go over plans. McConwello and the council have formed committees for community members to discus their visions forthe city. “I couldn’t dream this up on my McConwell said. “We get everyone’sx brains together.” O’Malley said Mission has a strontg senseof community. “Laura has been a big part of advocating and supportinvthose things,” O’Malley said.
McConwell said she is committefd to the community and itsfuturew vision. “The reward is everyone feels they have a hand in McConwell said.
Friday, October 22, 2010
Tourism group honors best of tourism promos - New Mexico Business Weekly:
The Tourism Industry AssociationRecognition Awards, or TIARzA Awards, highlight excellence and creative accomplishmentf in travel marketing and The Farmington Convention and Visitors Bureau, which hosted the TANM conference, took home the awarx for . The village of Chamq won an honorable mention for its visitors The best went to the Chocolate Turtle Bed Breakfastin Corrales. Buffalo Thunder Resort Casino receivedhonorable mention. Buffalo Thunder took top honors for best prinft advertising and for outstanding new event for its grand opening last The Rio Rancho Conventionand Visitor’ss Bureau “Pork & Brew” was namecd top outstanding recurring event.
Roswell’s UFO Festival earne an honorable mention inthat category. The most innovative promotion award went to the Albuquerque Conventiojn and Visitors BureauHoliday Video, “Life of a Brown Pape r Bag.” The award for most successful publixc relations effort was divided into threre categories. Bishop’s Lodge Ranch Resort Spa won the private sector category for its 90thanniversary celebration. The Albuquerqus Convention and Visitors Bureau earned top kudos forits , with the town of Taos takinh honorable mention for its annuapl public relations campaign. And the top award for press toura went tothe state’s North Centrapl Tourism Region.
More information is available at TANM's . Next year’se Governor’s Conference on co-sponsored by TANM and the New MexicoTourisjm Department, will be at Buffal o Thunder Resort & Casino in Santa Fe, April
Wednesday, October 20, 2010
Army-Navy game coming to FedEx Field - Business First of Buffalo:
The , the and Destinationj D.C. have announced that the 112thy Army-Navy game will be played at in Marylandon Dec. 10, 2011. Alonv with the football game, the evengt brings with it a weekendd ofancillary events, including the Army-Navy “This is a phenomenal achievement by the threew organizations to secure such an historic event for our nation’ capital,” said Robert president of the Greater Washington Sports Alliance. “With nearlyt a half million active and retire military personnel currently living in our region and the histori memorials that honorour nation’ws service men and it just makes sense to have a game of this magnituder played in Washington.
” The event is part of an eight-year packagexd announced Tuesday by the and the . Philadelphiaq will host the gamein 2010, 2012, 2013, 2015 and 2017. The game will take placre in Baltimore in 2014and 2016.
Tuesday, October 19, 2010
Study: Colorado clean-energy jobs growing twice as fast as other industries - Triangle Business Journal:
The report — the Colorado portionm of a 50-state analysie — said clean-energy jobs in Colorad increased 18.2 percent between 1998 and 2007, versusw an overall job-growth rate of 8.2 percent. Pew said ther e were 17,008 clean-energy jobs at 1,7789 companies in Colorado as of 2007. Colorado tied for 18th among the statexs in the pace ofits clean-energy job growtbh over the 10-year period studied by Pew.
The top statese were Idaho, with 126 percenr clean-job growth, followed by Nebraska, 109 percent, but both statesd still have smallertotal clean-energy job totals than “Colorado has a large share of America’ clean energy economy – and it is growing fast,” Niki Colorado representative for the Pew Environment Group, said in a statemenr released with the Colorado, Hawthorne said, “has adopted renewable energy and energyg efficiency standards – creating a promising marke t for clean energy generation and energy efficiencu products.
” California had the most clean-energy jobs — 125,390 as of 2007 — Pew Separately, Pew said clean-energy industries in Coloradok attracted $622,400,734 in venture-capital fundinyg between 2006 and 2008, the fifth-highest amount in the Nationwide, clean-energy jobs grew at 9.1 percent between 1998 and versus total job growt h of 3.7 percent, Pew’s report said. Pew described its reporty as the first-ever nationwide hard count acroses all 50 states of actual jobs createdby clean-energy industries.
“Thr clean energy economy is poised forexplosived growth,” Lori Grange, interim deputy director of the Pew Center on the States, said in a statement “These jobs are driving economix growth and environmental sustainabilithy at a time when America needsd both. There is a potential competitive advantage for federakl and state policy leaders who act now to spur businesses and investments in the clean energy Pew said itdefined clean-energy jobs as thosse related to “expanding clean energg production, increasing energy efficiency, reducing greenhouse gas waste and pollution, and conserving waterd and other natural resources.” .
Monday, October 18, 2010
Ping, Universal Avionics named top state manufacturers - Silicon Valley / San Jose Business Journal:
The awards, given out Friday, dubbed Phoenix-based Ping as manufacturerd of the yearand Tucson-based Universao Avionics as the small manufacturer of the year. “This year’ws winners exemplify dedication to productt innovation and a commitmentf to the stateof Arizona,” said Mark chairman of the AMC and vice chair of the Arizona Chambef of Commerce and Industry. Ping, whichu has become a leader in golfclub manufacturing, is celebratint 50 years of business. The company has been innovating in golf design since Karsten Solheim developed the firsft Ping putter in hisRedwood City, garage, taking the name from the sound the club made when it strucm a ball.
Ping now employs 800 people and is able to develoa custom-fit set of clubs within 48-hourws of the time an ordee is placed. Universal Avionics has been in businesdssince 1981. Founded by business jet pilot Hubergt Naimer, the company startee out developing flight management systemw for business and transport The company now manufactures a range of avionics systems for various aircraft from helicopters to commercial It works through a networjk of 224authorized dealers, and its products are offered as factory-installed options on 21 aircraft.
Saturday, October 16, 2010
Friday, October 15, 2010
BOCC hears about poorly worded book - Monte Vista Journal
BOCC hears about poorly worded book Monte Vista Journal Jim Liest, Cheryl Santi, Collete Skeff and Ray Skeff came before the commissioners to object to a mistake made in the issue's wording in information mailed ... |
Wednesday, October 13, 2010
Atlanta airport may raise $800M - Houston Business Journal:
officials have set in motion aprocessd that, if approved by Atlanta City would allow for the sale of bonds to investors by the end of potentially saving the billion-dollar-plus project from a near certaim shutdown. The airport is also looking to refinancee upto $590 million in existing generakl revenue bonds at a better interesf rate. The fate of the Maynar d Holbrook Jackson International Terminal has been caught in a dispute between the city and over anew 30-yeat airport master lease and future capita l projects at the world’s busiest The city aborted a move to raisr $600 million in new debt afteer Delta pulled its support for the bond package last Septembe r and frozen credit markets prevented the airport from goinf forward.
Lease negotiations with Delta are but airport spokesman John Kennedy declined to discuss details ofthe talks. “This is the firsy step in the process toward raising the bond money for completioj of the international terminal by Kennedy said, declining further comment. Airpor t General Manager Ben DeCosta was at a conferencein Philadelphia, and was unavailable for A request for comment from Delta officials was not immediatelg returned. Construction in recent months hasn’t slowed, but fresh bond financin g is critical to avoifd a suspension of work on the Delta and the city have agreesd that construction will continue on the internationall terminal for as long as fundshold out.
Delta officialsx have said the airline wantx a new lease completed to ensure its operatingf costsat Hartsfield-Jackson remain competitive before making substantial commitmentws in capital for futuree airport projects. Though Delta has been stung by the globall cut back in and is planning significant cuts ininternationall capacity, the carrier would likely need the gatex once the economy rebounds. The up-to-$80 million in new debt would be repaid through passengedfacility charges, airline landing and lease and other airport revenue. Sources familiart with the lease talks have said Deltq wants to complete a new lease agreement before Mayo r Shirley Franklin leavesoffice Dec. 31.
The currenf lease expires in September 2010. Sources familiar with the matteresaid Hartsfield-Jackson can re-enter the bond market with or withouyt the support from the world’s largest On June 8, Fitch Ratings affirmed the airport’s solidd A-plus bond rating and revised Hartsfield-Jackson’s bond rating outlool from negative to stable. According to the 53-pags draft bond package, has determinesd the bonds to be is the bond registrar and paying agent of the An underwriter was not identified in the It is not clearif Atlanta-basedx Delta (NYSE: DAL) is on-board with the new bond Though conditions in the bond market have improved sincd last September, it stands to reason the city would not try this route again if Delta would publiclyu oppose the move.
In a recentf interview, Franklin said the city has neve r gone to market for airport bonds without the backin of Delta and the other She added that she coule not imagine the city seeking to issue airport bond swithout Delta’s support. The building was designed with Delta’w international ambitions in mind. Delta is expected to take half its In January, it was revealed Deltwa pulled its support for the originao bond package, telling bond underwriter in a September lette r that the airport’s vision of future projectss was too grand in scaled and didn’t include a sixth runway that Hartsfield-Jackson carrierx want.
Tuesday, October 12, 2010
Sunday, October 10, 2010
Census: American Internet use surges - Phoenix Business Journal:
That's according to a report released Wednesdag bythe U.S. Census Bureau, whichu also shows that 62 percent ofthe nation's householdes report using the Internet at home in 2007, an 18 percen t increase from 1997. Among households using the net in 82 percent reported usinga high-speed connection, and 17 percent used a dial-uop connection. “As access to high speed connections have become more so too have the number of peoples that connect to the Internet at saidThom File, a statisticiajn with the Census Bureau Housinf and Household Economic Statistics Division. “These data give us a better understanding of who is usinyg the Internet andfrom where.
” Among the New Hampshire had the highest rate of Interneft use for those age three and older in 2007 at 82 percent. Mississippji and West Virginia had the lowesg rates of use at abou t52 percent. Roughly 60 percent of Texans used the net in thedata shows. Internet usage also varied by educationand race. For individuals 25 and older witha bachelor’a degree, 87 percent reported going online from some locationn in 2007. About half (49 of those with only a high school diplomaw reported usingthe Internet, compared with 19 percent for thoses without a high school diploma. Meanwhile, 69 percent of whites lived in households withInternetr use.
The same was true for 51 percentfof blacks, 73 percent of Asians and 48 percengt of Hispanics.
Saturday, October 9, 2010
Brewers among tops in fan satisfaction - The Business Journal of Milwaukee:
According to the “Ultimate Standings: Fan Satisfaction Rankings” in ESPN The Magazine'ws most recent issue, the Brewers trailedr only the of Anaheim for fan satisfaction amontMLB teams. The Angels were number one in all of sportsain 2009. More than 50,000 fans participated in the which rated each franchise ineighg categories. The Brewers placed among the top franchises in the categories ofaffordability (third), stadiu experience (third), bang for the buck and ownership (14th).
“This is our annuakl report card as graded by the and we are pleased that fans value the Brewers and Millee Park experience so saidRick Schlesinger, Brewers executive vice president – businessx operations. “At all levels of our we continue to focus on delivering a consistently competitivr teamand best-in-class entertainment experience, and we know that we need to make this our top priorit y every day.” The Brewers have risen in the overalol rankings for all sports in each of the past five In 2004, the franchise rankerd 112th before jumping to 45th in 2005. The Brewersx moved up to 17th in 2006, 16th in 2007 and 13th in 2008.
The ranked 13th overall, taking the top ranking in stadium experience. The rankexd 110th, with rankings of 116tb -- or seventh worst -- in three stadium experience, players and title track, a measure of championships won or expectedr in the lifetime ofcurrent fans.
Thursday, October 7, 2010
Keeping employees healthy - Business First of Buffalo:
It’s been no surprise the health of U.S. workerse is on the The (www.cdc.gov/nchs) says 62 percent of adults are notphysically active, as of 2007, and only 24 percent are active three to four times a For every dollar a company spends on health and in two to five years, it coule see another $3 to $4 in according to a 2005 study by the Americam Journal of Preventive Medicine (www.ajpm-online.net). It makes sense: healthier employees coul cost companies less in healtuh careand worker’s compensation claims, analysts say. And a healthierr work force may also mean fewere days lostto absenteeism. in Md.
, which employs 140, startesd its wellness initiatives by waiving the joininhg fee and offering a discountedd monthly rate for fitnessclub memberships. They decided to step it up a notcb and give employees 10 Weight Watchers meetinvg voucherseach year, and waivex the joining fee, as well as offerinh the diet program’s online services for free up for a certaim dollar amount. The company’s employeee assistance program is also at no costto “They’ve been really appreciative of the programs we have in place,” said Mary Ung, humaj resources partner at the Jessica Sheffield, a corporate wellness director with Bricok Bodies in Cockeysville, Md.
, says the key ingredient to creatingf an effective wellness plan is upper managementr support. Having a vision for goals and objectives, as well as beingv able to provide a budget and methodwsof communication, all fall under upper management’s • A written plan that detailxs all wellness goals, activitiese and outcomes; • Data collection, which can includ health risk assessments, screenings and employee feedbackj surveys; • On-site exercise programs, weight managemenyt classes, subsidized health club memberships, team-basex fitness challenges, stress management resourcez and smoking cessation programs; • Evaluation of the programs and and, • Collaboration with internal wellnesse resources and partnerships with third-party wellneses providers.
Companies also say realizing that not everyone is goinyg to join the firsrt session or activity also keepsthe program’s expectationd realistic. “The important thing is to not thinkj you’re going to create the perfect wellneszs fair or program that willsolves everyone’s issues first time out of the said Barbara Girodo, director of human resourcese and safety for the Kane Co. in Md. , which employs 500 full-time workers, had its firsty wellness fair insprint 2007. Girodo says the success of the fair has encouraged the company to plan for two fairin 2009. Kane Co.
spendsa about $30-$50 on each employee, and with about a 70 percenr turnout at thewellness fairs, she said the compan y spends around $15,000 on a wellness fair. Whilw it can be expensive, Girodo said, “whebn you think about medical costs, that’sd half the battle.” The fair included a representative to talk to employees about theire retirement plans and worries in theailingh economy, diabetes representatives, medical insurancde providers, and an employeee assistance program provider to address familty issues and how to manage the work-lifd balance.
Because of the economy, some top programa that have been requested by employeesare anti-smoking programs, mental health programes and curbing drug costs. Especiall y in these economic times, workers are stressed in all aspects of and considering most of their time is spenyt inthe office, it’s important to take responsibility for balanc e in employees’ mental health, Girodo Cost-shifting strategies also provide opportunities for employeesd to make choices at the drug stores that ultimately impact overall health insurance costs.
Wednesday, October 6, 2010
Chuck Sykes stumps for Tampa Bay Rays through ABC - Tampa Bay Business Journal:
Chuck Sykes, president and chief executive officefrof (NASDAQ: SYKE), hosterd a breakfast in early March for 10 businessw leaders and three Rays executives. Representing the Rays were presidengMatt Silverman, vice president and chief sale officer Mark Fernandez and senior vice president of developmentt and business affairs Michae l Kalt. The Rays talked to the group abouty how to get involved with the team through events, sponsorships or tickets. Sykea is planning more breakfastws as part of the corporat e involvement committee that he he told the ABCboard Tuesday. “We’re not trying to replaces what the Raysare doing,” Syke said.
“We’re trying to accelerate their efforts.” Steve chairman of (NASDAQ: TECD), is explorinb putting on similar events inPinellad County. Sykes also is trying to partnefr with the resurrectedin Pinellas, chaired by David Feaster, president of . Clutch formed in 1998 when theRays began, was a business-networkintg group that facilitated interactions between the team and businessz community. Clutch Hitters disbanded within two yearz but is reforming and currently has more than 50 ABC is a coalition of business leaders working to bette r engage the community with the One of its tasks is to research and recommend a site for a new Majodr LeagueBaseball stadium.
Monday, October 4, 2010
Downtown Staybridge Suites seeks receivership - San Francisco Business Times:
SJ Properties Suites Buyco EHF, which includes an investot from Reykjavik, Iceland, filed the petition Mondayt in Milwaukee CountyCircuit Court. Judge Mel Flanaga n scheduled a hearing for June 30 on a motionh to appoint Milwaukee attorney Seth Dizard asthe receiver. Work stoppex in December 2008 onthe high-rise at 1150 N. Water Street when the construction manager and developefr DOC Milwaukeebecame insolvent, according to the receivershil petition. The Icelandic investora said that in November 2006 they provided an advanceof $17.5 million for a 120-room extended stay hotel and at least 18 luxury condos. The project also received $13.
4 million in financing from a unit of in which in May was placed in receivership by the The Milwaukee receivership petition said the property on Waterr Street alreadyhas furniture, flooring and fixtures in the Staybridgew portion of project. Liens against the project total morethan $3.4 according to the receivership petition. The largest liens were filed by Milwaukee-arez contractors and suppliersUihlein Electric, , and SJ Properties recently sued DOC Milwaukee and Economou Partnersz in U.S. District Court in Milwaukee claiming a fraudulent transfer of funds intendexd for the WaterStreety project.
Sunday, October 3, 2010
Depression lingers after oil spill, survey finds - Houston Chronicle
WKRG-TV | Depression lingers after oil spill, survey finds Houston Chronicle Before the BP oil spill, the Gulf Coast was a place of abundant shrimping, tourist-filled beaches and a happy if humble lifestyle. ... Gulf oil spill: Lingering disaster? ALEX MILLS: Gulf spill issues toughest for Dems Gulf: Restoration complex process |
Friday, October 1, 2010
Mattel, Fisher-Price pay $2.3M fine - Los Angeles Business from bizjournals:
million civil penalty for violations of the federal lead pain banin children’s toys. The civill fine comes after the completed an investigationj into the importing and selling of toys with lead paint levels that exceededthe .06 percent lead by weighyt limit that is federally mandated. According to the CPSC, whicn recently crafted the Consumer Product Safet yImprovement Act, aimed at toughening requirements for lead and phthalates in children’s Mattel imported up to 900,000 non-compliantr toys between July 2006 and September 2007. Fisher-Price imported over 1 millionm non-compliant toys between July 2006 andSeptember 2007.
Amonh the toys in question were the populart Sargetoy car, various Barbie products and some Go Diego Go Most of the toys that had excessive levels of lead were shipped to retail stores for sale to the In 2007, a took place where abourt 95 Mattel and Fisher-Price toy modeles were determined to have exceeded the lead limit. Lead can be toxif if ingested by young children and can caus e serioushealth problems. The topic of lead paint in children’zs products has been a hot buttom issue asof late, with the rollout of the controversial CPSIA of 2008.
Toy manufacturers and retailersa have said the new regulationsare vague, costlhy and arbitrary, often requiring the duplicate testing of products. Some smaller manufacturers say the laws threaten to put them out of Thiscivil penalty, which is the highest for violations involving importation or distribution of a regulated product, is the third highesgt of any kind in CPSC history. “Thes e highly publicized toy recallse helped spur Congressional action last year to strengthen CPSC and make even stricterf the ban on lead paint on said CPSC Acting ChairmanThomas Moore.
“Thias penalty should serve notice to toy makerd that CPSC is committed to the safetyyof children, to reducinv their exposure to lead, and to the implementation of the Consumetr Product Safety Improvement Act.” Mattel was unable to be reached for commen Monday morning, though a representative said they would have a response later in the day. Despite agreeinh to pay $2.3 million in penalties, Mattel and Fisher-Pric deny that they knowingly violatedfederal law, as alleged by CPSC