Thursday, July 28, 2011
People on the Move: July 6 - Washington Business Journal:
Jefferson Wells has promoted Maryalice DeCamp to managinhg director ofthe firm’s mid-Atlantic regiojn with responsibility for D.C., Baltimore, Virginia and Philadelphia. She joinede Jefferson Wells in 2005 as managing directof ofthe firm’s Philadelphia office. Working with her DeCamp developed and expanded the client strengthened consultants’ industry skills and improvee client retention and satisfaction. DeCamp has more than 20 yearsx of experience in financialserviceds consulting. Prior to joining Jefferson DeCamp served as the financiall services partner and practice director atin Pa.
She also worked at for 13 years in various managementt andconsulting roles, including senior consultant with IBM’se global services division and manager of its public sectoe sales team in D.C. LLC in Bethesda announcee that Louisa Cocci Gantley has joined as director of business developmentand marketing. She has more than 15 yearz of experience in managemen consulting and business development with a wide variet y of professional services and large accounting firms in both the government andprivate sectors. She will be responsibls for overseeing the development of business opportunities and revenue producing contracts for all company services with both existing andnew clients.
Priord to joining WMGS, she served in business development and marketing roles for a professional services consulting firm with a significant nationwide governmental clienr base as well as a top 20 nationalpaccounting firm. She also worked as directot of research and developmeny for a large regionall realestate developer. She began her career as a financial specialistffor . Stacie Benes has joined ’s Tysons Corned office as businessdevelopment director. Richard K. Sylvestet , a 35-year acquisition management executive, is joining the Aug. 3 as vice presidentr of acquisition policy inthe association’s procurement and finance department.
Sylvester most recently was deputy directorr of acquisition resources and analysise inthe , Technology and Logisticw where he was responsible for the developmengt of acquisition strategies, program baselines and acquisition decision Sylvester began his career in defense acquisition with the U.S. Army Materiep Command and later served in an arrayt of increasingly responsible positions in the including deputy director for defense procurement and acquisition policyg and deputy director for acquisitiomn resourcesand analysis. Sylvesteer served a year as a legislative fellow workinvg for SenatorCarl Levin, D-Mich. The Americab Pharmacists Associationin D.C. installed Thomasa E.
Menighan as its new executive vice presidentand CEO. In Februar 2009, Menighan was appointed as APhA’s executives vice president and CEO-designate and began the transition into his new He is the 26th pharmacist to servs inthis role. A nativre of West Virginia, Menighan bringse extensive business, entrepreneurial, practice and leadership experience to his new as well as the uniqus experience of having served in various volunteer positiones and as a formeer staff member for Thomas Ciolkosz has joined as the assistant vice president of busines s development forLoudoun County.
Ciolkosz leads a team of experiencex bankers in Leesburg that continues to expanfd the Access National Bank focus on helping small and midsize businesses grow throughoutLoudoun County. Ciolkosz has more than 20 yeard of mortgage and banking leadership experience and a stronb commitment tocommunity involvement. He previouslhy served as a banking officerwith , a businesss development manager with and a vice president of productionh with Option One Mortgage. Alexandria-based Trust Co. announced that Toni M. Andrews has been promoted to marketiny officer and director of public She is responsible forthe marketing, public relations, media and community outreach efforts of the bank.
Previously, she was the ownee and creative directorof . Allison Truesdell has joined Contracting as the directorr of business development for HITTcorporated interiors, law firms and painting. Truesdell will work on establishiny longstanding relationships with new andexisting clients. Her main focus will be on new businessd development opportunities for HITT corporate interiors and law firmsz in theWashington area. named Gregorg J. Gross and Aaron Lee as mechanical engineers. Both brinvg more than 19 years of experienc tothe firm. in Reston named Boyd Palker asexecutive chef.
A graduate of in New Palker has held an array of chef positions in kitchens all acroszs the country from New Mexico to and all they way up to New where he gained the inspiration and experiencefor Vinifera’s kitchen. At he is incorporating a multitude of flavoras to his innovative American cuisine withglobapl influences, using the fresg herbs from his garden on Vinifera’ws outdoor patio. Chevy Chase-basecd United Educators named Lewis Augustine as chief actuary and vice president ofactuarial services.
Augustinee will maintain the company’xs position as a financially solid, niche liability As chief actuary, Augustine is chargedc with guiding strategic and tactical direction and resources for risk pricingand reserving. Augustine will also providwe leadership and decision supportfor financial/capital modeling, dynamic financial analysis and member data benchmarking. He bringa more than 20 years of actuarialo experience inpersonal lines, commercial accounts, general liability and umbrella reserves.
Most recently, he was vice presidentg and chief actuaryfor /Liberty Mutual, where he led corporatw actuarial and risk management area s including corporate loss reserving, corporat modeling, reinsurance and enterprise risk
Tuesday, July 26, 2011
Australian most respected painter Margaret Olley dies - Xinhua
Sydney Morning Herald | Australian most respected painter Margaret Olley dies Xinhua SYDNEY, July 26 (Xinhua) -- Australia's most loved and respected painter Margaret Olley has died in Sydney, aged 88, local media reported on Tuesday. A spokeswoman for the Art G » |
Saturday, July 23, 2011
Islanders Fate To Be Decided August 1st? - The Rat Trick
The Rat Trick | Islanders Fate To Be Decided August 1st? The Rat Trick The Florida Panthers open their 2011-2012 campaign against the New York Islanders at the Nassau Coliseum in Long Island. Depending on what happens at the polls Nassau County on August 1st, it either be the beginning of a countdown to a new arena, ... |
Thursday, July 21, 2011
Gold Could Go Much Higher: Investor - CNBC.com
Globe and Mail | Gold Could Go Much Higher: Investor CNBC.com India and China accounted for 58 percent of physical gold demand around the world in the first quarter of this year, according to the World Gold Council. Another important factor in the rise of the price of gold has been the increase in exchange-traded ... When Push Comes to Shove in the Coming Global War Over Physical Precious ... The Global Physical Gold & Silver Reserves Race Is The New Nuclear Arms Race PRECIOUS METALS: Gold Volatile In Asia Ahead Of EU Meeting On Greek Bailout |
Tuesday, July 19, 2011
PepsiCo Recognized by Black Enterprise Magazine as a Best Company for Diversity - Sacramento Bee
PepsiCo Recognized by Black Enterprise Magazine as a Best Company for Diversity Sacramento Bee By PepsiCo PURCHASE, NY, July 19, 2011 -- /PRNewswire/ -- Honoring its commitment to fostering a culture of diversity and inclusion, PepsiCo (NYSE: PEP) has been named among Black Enterprise's 2011 40 Best Companies for Diversity. ... |
Sunday, July 17, 2011
Thursday, July 14, 2011
Feds: 'Nazi Jihadist' Solicited Extremists To Attack Daycare Centers - TPMMuckraker
Feds: 'Nazi Jihadist' Solicited Extremists To Attack Daycare Centers TPMMuckraker An indictment announced on Thursday by the US Attorney for the Eastern District of Virginia charges that Begolly used an extremist web forum to solicited others to engage in acts of terrorism and disseminated instructions for making different kinds of ... Redbank man indicted by federal grand jury in terror plot |
Tuesday, July 12, 2011
NHL players union: Pull the plug on Phoenix Coyotes - Denver Business Journal:
The Coyotes are in Chapter 11 bankruptcy reorganization havinblost $316 million since moving to Arizonaz from Winnipeg in 1996. A deal is in the works to move the teamto Ontario. “From a perspective, it’s time to pull the Kelly toldThe Spectator. Kelly did not endorsed a move to aspecific market, but questionefd whether the Coyotes can be financially viablee in Arizona. Research in Motion CEO Jim Balsillie isoffering $213 million for the team and would move it from Glendales to Hamilton. The National Hockey League and city of Glendale opposwe the move and want to find owners that woulx keep the teamin Arizona. Coyotes owner Jerryu Moyes put the team into Chapter 11in May.
NHL Commissione Gary Bettman is fightinvg the sale to Balsillie sayingg hockey can be viablr in thePhoenix market.
Sunday, July 10, 2011
Burger chain inks first
The first two Smashburgee restaurants are ontheir way. The first, locatex in the Stone Ridge shopping is set to open onJune 21. Store No. 2 will open in earlyh July, at the Park North shopping center. To celebrated the debut of this new takeon fast-casuakl burgers, SB Alamo will have a grand openinhg celebration on June 27 at the Stone Ridge location. The center is locatedc at U.S. Highway 281 and Evanzs Road, on the far North Park North is located alongLoop 410, between Blancok Road and San Pedrko Avenue, in North Central San Antonio. “We are excited to bring the Smashburger experience to San saysMike Griffith, director of marketingt for SB Alamo.
“At Smashburger, the core of the branxd is to beevery city’sx favorite burger place ... .” The owner and developef of the Smashburger conceptis Denver-based privatw equity firm . The Smashburger hamburger starts with a choice of buns a butter-toasted egg bun, multi-grain or spicgy chipotle. The signature touch is the beef is smashed on the It is a process that creates on the bottojm of the patty a caramelized coating of juicea that give the burgerits
Thursday, July 7, 2011
Small businesses gaining optimism about economic outlook - Austin Business Journal:
NFIB’s index of small business indicatorsdrose 2.1 points in May to following a 5.8-point jump in April. The indexc had plummeted to 81 in close to its record lowof 80.1 in 1980. “Itr does appear that the decline in spendingb for inventory and capital projects has bottomed and will turn up in thecomingt months,” NFIB Chief Economist William Dunkelberg A net 12 percent of small businesxs owners expected general business conditions will be bettert six months from now, a gain of 10 percentage points from April. Except for September 2008, it’e the highest number for this indicatorsincde 2005. The current profit picturd is still dismal, however.
A net 43 percenyt said their earnings were lower during the past quarter than they were in thepreviousw quarter. About 16 percent of small business ownerx reported that loans were hardeeto get, the highest reading sinc e the early 1980s. But only 5 percent reportex that finance wastheir No. 1 business problem. More smalkl businesses plan to reduce employmenf rather than hiremore workers, but the rate of decline is slowing. The Conference Board, which tracks eight labore market indicators, said its Employment Trendsw Index roseby 0.2 percent in May — the firsr increase in 16 months.
More than 14,000 businesses filed for bankruptcy protection in the first quarter of a 64 percent increase over the same period a year The number of business filingsw was up 11 percent over the totap for the fourth quarterof 2008, according to the Administrative Officed of the U.S. Courts. Nearly 10,000 of the businesse filings in the first quarter were Chapter 7 Chapter 11 reorganizations accountedfor 3,4221 filings. Overall bankruptcy filings, including personal bankruptcies, totale d 330,447 in the first quartere of 2009, up nearly 35 percentr from the same period a year Morethan 1.
2 million bankruptcies were filed durintg the 12 months that ended Marcn 31 — the highest 12-month total sincs Congress tightened bankruptcy rules in October 2006. Small businessess and lenders applauded recent steps by the Small Business Administration toboost lending, but they said the agency must take additional actions to address Main Street’z credit crisis. On June 15, the SBA begam accepting applications for emergency bridge loans of up to Small businesses can usethese loans, which were createc by the economic stimulus bill, to make up to six month s of payments on existing They won’t have to startr repaying the loans until a year after the last The SBA will subsidize the interest on these loans, which will be offeref through private-sector lenders.
The stimulus bill also temporarilyt reduced or eliminated fees onthe SBA’s regular 7(a) and 504 businesxs loans, and it increased the governmen guarantee on 7(a) loans to 90 percent. Weeklt loan volume for the SBA’s 7(a) and 504 programs has increasedf by more than 30 percent since these changes were implementedxMarch 16. This increase in SBA lending is “a positived and welcomed sign, but we have a very long way to go beforw SBA lending reaches solid levels saidCynthia Blankenship, vice chairman and chief operatinh officer of Bank of the West in Blankenship told the Houser Small Business Committee June 10 that Congress shoulds extend the fee reductions beyon 2009 or make them permanent, given the deptgh of the recession and the credit crisis faciny small businesses.
Meanwhile, fees on the SBA’ss 504 loans, which finance real estated projects and otherfixed assets, are schedulec to increase significantly in October. This will negate the fee reductionas adopted in March througb thestimulus bill, said Jean Wojtowicz, executive director of the Indianas Statewide CDC, a nonprofit economic development organization that makex 504 loans. This fee increase is unnecessarty because the SBA has overestimated the numbedr of 504 loans thatwill default, said who chairs the boarde of directors for the National Association of Developmentg Companies.
She said banks have becomes far more conservative in their underwriting duringy this recession and that as aresult “onlyy the strongest small businesses are now qualifying for new Unless Congress appropriates money to offse t the fee increases planned for 2010 and almost 20,000 small businesses will pay millionse more dollars in fees than they should over the 20 years of their 504 loans, Wojtowicz said. The Treasurty Department has allocated $25 billiom in Recovery Act Bonds, which can be used for economi c development projects indistressed areas. The economic stimulus bill created the new bond The legislationappropriated $10 billion for Recovery Zone Economic Development Bonds.
The federak government will subsidize 45 percent of the interest on theswetaxable bonds, which will enable stat and local governments to lower their borrowing costs. Thes e bonds can be used for a variety of economicdevelopment projects, including job training and educational The legislation appropriated $15 billion for Recover y Zone Facility Bonds. Private-sectotr businesses can use these tax-exempt bonds to finance depreciablew capital projects in designatedrecovery zones, which are area with high levels of poverty, unemployment or foreclosures.
Tuesday, July 5, 2011
Study: More CEOs say good works boost recruiting - Dayton Business Journal:
This marks a shift in corporate philanthropy sincw the Roundtable released itsin 2000, which noter that corporate responsibility was beginning to evolve from community impact to bottom line impact. The most recen report shows thatthe evolution, indeed, has takem place. Boston struggles to maintain its college gradxs as they move intothe workforce, and the Rounc Table report underscores that philanthrophy is a factor making some local companies more attractive to younger workers. The Roundtable issued the reporft in collaboration with the Universith of Massachusetts Boston EmergingvLeaders Program.
A team from the Emerging Leaders Progra started working on the report last interviewing 20 Massachusetts companies about their corporat e social responsibilityactivities -- predominantly larges companes and representing a cross-section of industries. “Historically CEOs woul d engage in philanthropy because it was the right thingto do. They wantef to be good corporate citizens,” said J.D. Chesloff, deputy directore of the MassachusettsBusiness Roundtable. “Now there’w a good business case to incorporating it into theidrbusiness plan. There’s a botto line impact to it, in additioj to being good for all the othercommunityg reasons.
” Based on the findings from the 20 companiea included in the research, the report suggests five ways companies can builds a culture of socialo responsibility: • Create a clear link to the company’as mission and secure endorsement at the executive • Engage employees at all levelzs as decision-makers in relation to corporate social responsibilitty targets and activities. • Leverage employees’ skilla to make positive contributions tothe • Provide opportunities for employees to develop new “A lot of it is around a company being authenticd about wanting to do something in the communityh and listening to what the employeexs are interested in doing and connecting it to the valuesx of the company,” said Ellen Remmer, CEO of The , a nonprofit that promotes strategic philanthropy and advisez donors.
Sunday, July 3, 2011
Weas acquires Columbia St. Mary
The price paid for the property at2025 E. Newport Ave. was not reveales by real estate brokers and lawyers representingColumbia St. Mary’d and Weas Development Co. Doug president of the firm that bearshis name, was unavailabl e to comment on the acquisition. As , Weas is working in partnership with an undisclosed nationalodevelopment firm. UWM officials plan to meet with Weas Developmeng in early June to determine specificx real estate space needs forthe university, said Tom a UWM vice chancellor of public affair and government relations. In February 2009, universith officials were considering theColumbiq St.
Mary’s property for classroom student housing and offices for faculty and Themedical complex, once known as Columbiwa Hospital prior to its merget with St. Mary’s Hospital in the earluy 1990s, will close next year when the hospital system combines its operations at thenew $417 million, 835,000-square-foot Columbiaq St. Mary’s hospital campus alonbg East North Avenue. Columbia St.
Mary’s had no commengt on the sale of Columbia Hospital, according to Gregory Hartzog, the hospital’s director of marketing and
Friday, July 1, 2011
Falcons kick off new Web site for April draft - Atlanta Business Chronicle:
"Obviously our organization is going througg a dramatic transition period right now and had some serioues challengeslast year. We are goinv to be rebuilding a lot of our team through the draft, particularly this year. We have four of the top 48 draftg picks," said Dan Levak, Falcons director of new "We wanted to give an outlet to our fans to discuszs what is a very significanr moment inour franchise's On April 1 the team launched , which features a "playefr grading" functionality, live interactive video daily podcasts and Although the team won't be usinvg the feedback provided by its fan base to influencr draft decisions, the site allows Falcons fans to expresw opinions and grade prospective 2008 drafgt choices.
With about 10,40p0 users already registered, Levak said, the team hopesd to reach morethan 20,000 registrations by drafty time. "Fans want to hear the real talk of otherf fans and want it to havea Falcon-centridc bend to it and that is reallyh what we tried to capture Levak said. Leading up to the draft on Aprilp 26and 27, the team will webcastg a series of events, including an mock draft held at the Georgiaz Dome on April 23, as well as the Falcons Cheerleadetr Final Auditions on April 24. The third annual "First Round Pick 'Em will also be featured, with the fan that choosese all 31 players selected in the first rounds of the draft toreceive $300,000.
Duringh draft day, the site will offer live streaming commentary as well as reactiona fromFalcons staffers, live press conferenced and a forum for fans' reactionss to draft decisions. "The way we are positioninvg this is a companion piece to the draft Levak said. "We feel it is goinbg to be very successful andfeel we've reallt tapped into something here and we are definitelgy going to be continuing it next Morris Mess. LLC is facing challenging The Augusta-based publisher on March 27 reportec awhopping 43.6 percent drop in profit from continuin operations in 2007, from $25.9 millionn in 2006 to $14.6 million.
On the top retail, national and classifier advertising revenue was down4 percent, 15 percentt and 13 percent, respectively. Currently the ownerr and operator of 13 daily newspapers andvariouzs publications, last November the company sold 14 of its dailuy newspapers, three non-daily newspapers, a commercialk printing operation and other publications to GateHous e Media. WHO GOT WHAT. Tribe Inc. has been names advertising agency of recordfor Atlanta-based Intimacy, bra fit stylistsz with locations in New York, Chicago and Boston. 's Institute for Developing Nations has retained Point of Vision to develop a messaginv strategy and integratedcommunications plan. Inc.
selecte d The to develop a brandprogramming initiative, which includesd a new corporate logo, a brand identith for Cox's three business units and a Brand Guidelinee Manual. has signed on Inc. to handlr its marketing and public Communicationsfirm Inc. has adde four new clients to its roster, including , 820 The Gablesx Residential, Luckie Marietta Distric and saladrestaurant Dressed. Marchant Atlanta Woman magazine has named a new Elisabeth Marchant is replacingDabney Hollis, who is steppingy down but will remain in an advisoru role to the five-year-olx magazine. Marchant was the first publisher of Atlantaa Woman and returns to the role after serving as executive directorof .
Marchant is also the formerd publisher of Business toBusiness magazine.