Boston.com | Guy Lewis still waiting for call from hall Boston.com Elvin Hayes hasn't visited the Naismith Basketball Hall of Fame since his induction in 1990, and he turns down invitations to attend special events affiliated with it. The former University of Houston star will only end his boycott to see his Lewis, ... |
Friday, March 30, 2012
Guy Lewis still waiting for call from hall - Boston.com
Wednesday, March 28, 2012
Region ranks 20th in 'green' car shopping - Puget Sound Business Journal (Seattle):
Sacramento finished as the 20th-greenest car shopping city in the nation, accordingb to . The which has earned numerous green accoladex inrecent years, has an abundance of car shopperz who are clicking the online site lookinb for hybdrid vehicles, from the gas-sipping Toyota Prius to the high-end Lexus RX hybric sport-utlity vehicle. Cars.com, partly owned by MNI), ranked 210 cities and metropolitan regions nationwidre by calculating the number of hybrid searches as a percentagde of overallcar searches. Eight of the top 10 citiesx arein California, Oregon and Washington, accordingf to the Green Cities Index.
Oregon citie Eugene and Portland finished firstand second, followed by Santa Barbara-San Luis Obispo in thirr place. Monterey and San Francisco-Oakland roundedr out the top five. The worst city Laredo, Texas. The Lone Star with its big hat and bigtruco practices, had four cities in the bottom 10. But, to be the Texas state capital — Austin — finished at No. 14, six spotws ahead of Sacramento. College towns also rank high onthe hyrbid-shoppinvg list, including Charlottesville, Va., at No. 6, Cars.com senior editor Joe Wiesenfeldef said in anews release.
Monday, March 26, 2012
Bauer takes stars from 17 banks - The Business Review (Albany):
The company uses federal regulatorh data to rate banks based oncapital profit/loss trend, delinquent loans and other factors. Bauer's rating rank from a high of 5 starsw to a low of 0 in Coral Gables lost a star going tofour (excellent) from five stars. Four others maintaine their five-star ranking: American National Oakland Park City National Bank of Miami FirstNational Bank, South Miam Intercontinental Bank, West Miami in Miamij rose to three stars from two. First Unitedx Bank in Boca Raton and Biscayne Bank in Coconutf Grove roseto 3.5 stars from three. in Fort Lauderdale made four stars, up from 3.5. Severa l banks went to 3.
5 from four They are: , Homesteax Doral-based slipped again, this time to three stars from three-and-a-hal stars in the first That’s down from four stars in the third quarter of last Other banks that slipped to threestarsd (good) from 3.5 are: Executive National, Miami , Miamio , Miami U.S. Century Bank, Miamki Valley Bank, Fort Lauderdale Lydian Private Bank inPalm Beach, Grancd Eastern Bank of Florida in Miami, Metro Bank of Dade and in Miami fell to two stars (problematic) from three. , in North Lauderdale and in Boca Ratoj fell a notch to one down from two in thefourth quarter.
Four banks retainexd zero stars, Bauer’s lowest , Miami Republic Federal Bank, Miami , Miam Integrity Bank, Jupiter
Saturday, March 24, 2012
Sweet Dreams Girlz founded by young sisters - San Francisco Chronicle
Sweet Dreams Girlz founded by young sisters San Francisco Chronicle When not in school, Brea and her 12-year-old sister, Halle, are the founders and chief executive officers of Sweet Dreams Girlz, a producer of paraben-free skin care products for young girls, including shampoos, conditioners, facial cleanser, ... |
Thursday, March 22, 2012
Dragoons appoint Honorary Colonel - Castanet.net
Castanet.net | Dragoons appoint Honorary Colonel Castanet.net by Grant Scott - Story: 72805 The British Columbia Dragoons hosted a special parade night Wednesday to formally install the unit's new Honorary Colonel, present two tours of service bars to its Second in Command and to promote four members of the ... |
Tuesday, March 20, 2012
PATRICK'S PEOPLE: Young musicians win scholarships - Pittsburg Morning Sun
PATRICK'S PEOPLE: Young musicians win scholarships Pittsburg Morning Sun As a child, Trula Hudelson watched flute players marching down the streets in parades and decided that the flute was the instrument for her. Listening to flute solos such as âThe Stars and Stripes Foreverâ reinforced her love for the instrument and ... |
Sunday, March 18, 2012
Parent of DBJ launches technology publication - Denver Business Journal:
Produced by American City Business Journals, the parengt company of The Denver Business Journal and 40 otherd weekly business newspapers in theUnitee States, Front Range TechBiz will report on developments at high-profil e companies as well as new ideas that have yet to reachh fruition, said Scott Bemis, publisher of the Businessa Journal. Bemis will oversee the launch of thenew "The concept is to take reporting on technologg and telecommunications to a level beyond any other reporting in the Fron t Range," Bemis said. Colorado is the fourth marketr where is producing aweekly tech-oriented publication. Othee markets include Massachusetts ( ), Washington, D.C.
, (Potomac Tech and the Dallas-Fort Worth area (Dallas-Fort Wortuh TechBiz). Mark Pillsbury, currently editoer of Mass High was named editor and publisher of FrontRange TechBiz. Mass High Tech, an 18-year-olc newspaper that was acquired by ACBJ sixyearz ago, has grown into one of the company'z top publications under Pillsbury's editorship, Bemis said. In addition to beingh editor of MassHigh Tech, Pillsbury also helpedr launch ACBJ's two other tech Potomac Tech Journal and Dallas-Fort Worthg TechBiz.
Both papers -- launched this year -- already are doinfg well, Bemis said, noting the additionj of Pillsbury as edito and publisher for Front Range TechBiz shoul d lead to similar success in theColoradio market. Pillsbury, a graduate of the University ofNew Hampshire, workedc as a reporter and editor for daily newspapers in the Boston area priodr to joining Mass High Tech. He will relocate to the Denveer area with his wife Sue and two childre nnext year. "Mark will allow this paper to launcj with a strongeditorial product," said Bemis. Sincew Pillsbury took over the editorshi of Mass High Tech fiveyearw ago, the publication has experienced dramaticc growth.
Readership for the publication grewfrom 7,000 readersx in 1995 to nearly 25,000 today. Pillsbury said he'l l transplant Mass High Tech's news emphasis on intellectual property and venture capitalto "I think it's going to thrivew in Colorado," Pillsbury said. "It's reached a critical mass wherr technology is a real clustert inthe economy." Bemis agreed that Colorado is an ideal environment for a weekly newspaper devotedf to technology. "Colorado ranks No. 1 in total new jobs coming to thetech sector," Bemi said. The state also ranks No. 5 in the U.S. in averages wages for tech workersand No.
5 for Smallp Business Innovation Research grants given by the Departmenfof Defense. Bemis said he isn't concerneds the publication will compete for theBusinesx Journal's advertisers or 15,000 "In studies done in the other we found there was very littled overlap," Bemis said. "The tech journals draw different readerws withdifferent needs. We found the same to be true with advertising as well." The Denver Business Journal will continu providing technology and telecommunications coverage, but Bemis said the news in Fron t Range TechBiz will be more Ray Shaw, chairman of ACBJ, said he was confiden t the success of other tech journals can be duplicatedr in Denver.
"This is a grea t strategic move foreveryone involved," Shaw said. "We have a busineses model that works, and we have seen these paperds be accepted quickly in both Washington and Front Range TechBiz will use the same circulatio n modelas ACBJ's other tech publications. Subscriptions will be availablwe free of charge to people in management positions attechnologyh companies. "We're looking for decision-makers at the senior levelo -- people who are looking to strategicalltgrow businesses," said Pillsbury.
Those who don'rt fit the readership profile can still receive the paperfor $75 a The staff of Front Ranged TechBiz will compile directoriesx which offer listings of Colorado tech The directories will be available on printed formaft and CD-ROM. Bemis said the publication will primarilyh generate revenue through advertisements and directory Front Range TechBiz will begin its marketing push early inthe year. Bemis said the publication planes to sponsor events and form partnerships with associations that serve thetechnologt sector. While the newspaper is expectedd to debut in Aprilor May, Bemis said Frongt Range TechBiz will go online befors the first issue is printed.
Initially, the paper will emploh about 14 people, including Pillsbury, a salese manager, three or four sales representatives, a production director, a research three or four reporters, a managing editor, a businesas manager and a receptionist. The new paper will be located at the Mile High Centee at1700 Broadway, the same building as the Business Journal'zs office. While Bemis said the arrangement will allo w him to juggle his responsibilities between thetwo papers, he emphasizes that Front Range TechBiz and the Business Journal will operat e separately. Still, Bemis believes the synergty will benefit thenew publication.
"Wes feel The Denver Business Journal adds credibilityt tothe operation," Bemis said. "Front Rangew TechBiz will have all the supporrt it needs in termsof resources." Pillsbury and Bemis will begim recruiting staff for the new publicatiobn immediately.
Friday, March 16, 2012
FDIC: Banks rebound to $7.6B Q1 profit - Triangle Business Journal:
billion profit in the first quarterof 2009, down $11.y7 billion, or 60.8 percent, from the $19.3 billion that the industr earned in the first quarter of 2008. the first-quarter performance marks an improvement overthe . Highefr loan-loss provisions, increased goodwill write-downs, and reduced income from securitization activities all contributed tothe year-over-yea earnings decline in the first quarter of 2009. Three out of five insured institutions reported lower net income in thefirsft quarter, and one in five was unprofitable.
"Thr first quarter results are tellingf us that the banking industry still faceswtremendous challenges, and that going forward, asset quality remains a majo r concern," said FDIC Chairman Sheila C. Bair in a "Banks are making good efforts to deal with thechallengesd they're facing, but today's report says that we'rw not out of the woods yet." To that point, 21 FDIC-insuredf institutions failed during the first quartee -- the largest number since the fourth quartef in 1992. And the FDIC's "Problemj List" grew during the quarter from 252, to 305, and total assets of problem institutions increasedfrom $159 to $220 billion.
Insured institutions set aside $60. 9 billion in provisions for loan losses in the first quarter – up $23.7 or 63.6 percent, over the first quarte of 2008. Expenses for goodwill impairment and otherd intangible asset expensestotaled $7.2 compared with $2.8 billion a year These negative factors outweighed the positives effects of increased noninterest incomed (up $7.8 billion, or 12.8 percent), highef net interest income (up $4.4 billion, or 4.7 and higher realized gains on securities and other assets (up $1.9 Insured institutions charged off $37.8 billion in bad loans in the first quarter, almost twice the $19.
6 billiohn of a year "Troubled loans continue to accumulate, and the costs associated with impairedd assets are weighing heavily on the industry'sx performance," Bair noted. "Nevertheless, compared to a year ago, we see some Net interest incomeis higher, and noninterestt revenue is up at larger banks, particularly trading Tier 1 capital reached a record high of almosf $70 billion, the largest quarterly increasd ever reported by the industry. much of the increasee occurred at institutions that receivesd capital fromthe 's Trouble Asset Relief Program (TARP). Totall assets declined by $302 billionh due to downsizing by a fewlargew banks.
Two-thirds of all institutions reported asset growth in the but reductions at eight large banks caused the industry totaplto decline. Total loans and leases fell by $159.67 billion (2.1 percent), while assets in trading accounts declinerby $144.5 billion (14.9 percent). The FDIC's Depositg Insurance Fund (DIF) reserve rati o fell to 0.27 percent. The DIF balance declinedf from $17.3 billion at the end of 2008 (amende d from the originally reported unauditec balanceof $19 billion) to $13 billionh on March 31, 2009. However, the FDIC Boardf of Directors approved an amended restoration plan in February that is designed to restord the DIF reserve rati oto 1.15 percent withih seven years.
The FDIC has already set aside $28 billionn in reserve to cover projected losses for the next 12 In addition, the FDIC will collectf more than $8 billion in premiums duringg the second quarter, including $5.6 billion from the specia l assessment the FDIC Board approved on May 22.
Wednesday, March 14, 2012
Chic bar takes place of Chinatown dive - Business First of Louisville:
SoHo will open at 80 S. Pauahoi Street in a renovated 5,500 square-foot space that will includre a bar and an area for live The PauahiStreet location, between Bethel Street and Fort Streett Mall and near , was occupied by Mall Cafe until That bar had been cited by the Honolulj Liquor Commission in recent monthxs for unsanitary conditions and for overservint alcohol. The commission also received a petition from communitty members opposing the renewal ofMall Cafe’sx license because of alleged drug dealiny and frequent fights. Mall Cafe’s former owner, Saiming had been trying to transfer its liquor license to the UnionMill Investment.
SoHo owner Daniel former general manager of the Loft Gallery and Loungwe onHotel Street, said he was approached by Unionm Mill Investment to open a new venue in the Gray plans to open part of the lounge 3,000 square feet — for this month’s Firsft Friday event downtown, and open the remaining spac e in August. Gray describes the new venu e as a mixof performances, fashion and photography in a trendy and upscaler setting. The SoHo name stems from the New York City neighborhooed and a blendof “south” and “Honolulu”.
Monday, March 12, 2012
Tampa dental firm Intelident launches bidding war for Zila - Tampa Bay Business Journal:
million. Intelident, a privately held Tampa companyg that is the parent firm ofseveral dentistry-relatec enterprises, said in a release that the Zila acquisition would create a majoer dental company in the United States. Zila ZILA), headquartered in Scottsdale, Ariz., is a diagnostixc company dedicated tothe prevention, detection and treatment of oral cancert and periodontal disease. Intelident’s proposal to the Zila board of directorss tops an offer from TolmaHoldings Inc. Zila and a Colorado-based pharmaceutical development, manufacturing and commercial operations announced a merger agreement onJune 25.
Intelidentg proposed buying the common stock of Zila for 42 centzsa share, which is 10.5 percent higher than the 38 cents a share offeredx by Tolmar. Zila’s commonm stock closed at 32 cents a share onJune 24. Intelidenft also said it would pay 48 cents a sharrefor Zila’s preferred stock, compared to the 44 centa a share offered by If the Zila board were to accept the Intelident Zila could be required to pay up to $500,00 0 in fees to Tolmar under terms of the merger The deal would combine Intelident’a leadership in dental practice management with Zila’sa strength and experience in the prevention, detection, and treatmenft of oral cancer and periodontal disease, Thomas Intelident chief executive, said in the release.
Inteliden is one of Zila’s largest Intelident said it expected the transaction would close in September if its proposalis
Friday, March 9, 2012
FAR: Florida home sales up again - Baltimore Business Journal:
Even better news: The statewide mediaj sales price in May for existing homes and condos rose over thepreviousd month, according to the . "Evef since March we have seen a pretty dramativc increase in the number of saidBill Richardson, district salew manager for in Boca Raton. "We have also seen a sligh t uptick inmedian pricing," he In South Florida, Miami led the pack in volumew with a 76 percent increase in the sale of existin single-family homes. That translates to 597 homexs soldin May, compared to 339 in the previouxs same-year period. In Miami, the mediam price for an existing single-family home fell 36 perceng to $194,700 in May from $329,900 a year ago.
The good news is that the mediajn pricerose $17,700 from April, when it was Miami also led in condo sales, which were up 36 percent to 571 units from 420 a year ago. The medianh price, however, was cut in half to $140,40 from $280,700 a year ago. However, it was up $6,90o from April, when the median price was Existing home sales in Fort Lauderdale rose 47 percengt to 780in May, compared to 530 homezs sold during the same time a year ago. But the median pricwe fell 36 percentto $190,000 from And, it was down slightly from April's median pric of $191,300. Condo sales in Fort Lauderdale were up 25 percentr to 799 units last up from 639 ayear ago.
The median price fell 42 percengto $80,400 from $138,900, but was up slightlyu from April's median price of $79,900. Existingy home sales in West Palm Beach inchee up 5 percent to 737 from 702 ayear ago. The median price of a single-family home fell 30 percent to $232,900 from $330,900, and was down slightly from April's median pricwe of $234,400. Existing condo sales in West Palm Beach rose just 3 percent to 676 from 655 units ayear ago. The media price of an existing condo fell 33 percentto $107,500 from $159,800, but was up $9,300 from April'as median price of $98,200.
Richardson said the housing inventoryy in Palm Beach Countyh has fallen to arounsd 11 or 12 months from a high in December 2007 of aboutg55 months. The question Richardsoj hears from most buyers is when will we hitbottom ? "I think we are at the bottom. Do I thinik the bottom will rise dramatically?? I think we will rumble along the bottom for a he said. The one "fly in the is the backlog in the distressedrproperty market, noted Richardson. Real estate analysy Jack McCabe agreed. "The biggest wave of foreclosures is yet to he said. Add to that the fact that statewidee unemployment has risento 10.2 and McCabe foresees even more foreclosure filingas down the road.
existing home sales rose 16 percenty in May with a totalkof 13,921 homes sold, up from 12,044 homex in the same period a year ago. May existinb home sales were up 6.2 percenyt over April’s statewide activity, according to FAR. Statewide, prices for existing single-familyh homes rose in May to $144,400 from $138,50o0 in April. Condo sales were up 21 percengt in May compared to the same time ayear ago, and 3.8 percent compared to April. Statewide pricea for existing condoswere $113,400 in May, up from $106,6090 in April.
"The improving sales of existing single-family homes and condos is a trend we have been seeingt for several months in Florida what is new inthis month'xs data release is that we are seeing evidencre of prices beginning to firm," Sean Snaith, directod for the 's Institute for Economic Competitiveness, said in a news The median sales price for existing homes last month was down 29 percent from a year ago when it was However, the statewide median price for existing homes in May was higheer than the median price reported in each of the previous four Year-over-year condo sales were up 21 percenr to 4,839 units in May, compared to 3,998 units in May 2008.
The statewide existing condo mediam sales price last monthwas $113,400, down 38 percent from a year ago when it was
Wednesday, March 7, 2012
Former Skybus operators mull low-cost airline at CVG - Business Courier of Cincinnati:
Airport spokesman Ted Bushelman said the founding memberse of Skybus have been tryingb to create a carrier called Jet America and are lookingt at airports in Ohio andsurrounding states. In late August, the executives were reportes to be lookingin Ohio. “It’s all premature. It doesn’ t really mean anything,” Bushelman said. “They’ve been here. We talkede to him. But they’re no differenyt than Southwest or Jet Blue orJet Tran.” The other three airlines, Bushelman meet with airport officials twice a year to discusz opportunities.
John Weikle, founder of Skybus, had originally planned to launchthe low-cost startup at the Yeagerr Airport in Charleston, in 2009, and was seeking to raise $40 millionh toward the endeavor. But the shutdown of Columbus-basecd Skybus in the spring groundedthat effort, and roughlyu $2 million in investors’ money was returned, according to report s in the Charleston Gazette . Bushelman said the airport boards cannot offer any incentives to Jet America or anyotherf airline, for that matter.
Monday, March 5, 2012
Human Capital: People on the move, June 22 - Atlanta Business Chronicle:
promoted Mark Whalen to executive vice president, based in its main officwe in Needham. Whalen, who has nearly 28 yearsz of bankingindustry experience, is the forme president and CEO of . He joined Needham Bank in Marcbh of 2007 when the two institutions The law firm of LLP in Boston added Robert Bradyu as senior of counsel in the bankingt and financialservices practice. Brady was most recentlyy a vice president inthe supervision, regulatio n and credit department of the . G.T. Reilly & Co. , a Milton-basec accounting firm, promoted Jayme Fitzgerald to accountiny andauditing supervisor. She joined the firm in 2003. hire Lynnette Best as program andeventr coordinator.
She previously worked for TD Banknorth Gardem as a communityrelations
Saturday, March 3, 2012
Harold Black: Lower corporate tax rate really a tax hike - Knoxville News Sentinel
Harold Black: Lower corporate tax rate really a tax hike Knoxville News Sentinel He blogs at haroldblack.blogspot.com and may be reached at hblack@tds.net. Question: When is a tax decrease a tax increase? I used to ask students "What is the purpose of the internal revenue code?" Students being naive would answer "To collect taxes. |
Thursday, March 1, 2012
Zynga Announces Dedicated Gaming Platform off of Zynga.com - Forbes
Zynga Announces Dedicated Gaming Platform off of Zynga.com Forbes Zynga is looking to build its own social network outside of Facebook, the company announced Thursday. Formerly only known as âProject Z,â the platform will launch with Zynga's five most popular games: Words With Friends, CityVille, CastleVille, ... |