Tuesday, July 31, 2012

St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Nashville Business Journal:

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U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the project would come to a halt if Opus East filex for bankruptcy protection before an arrangemenf couldbe struck, company spokesman Gerarsd J. Wit said in a telephone interviews Tuesday. “It was a real week-long effort to get this Wit said. “We’re going to get in and try to kick-starrt this right away.” Aberdeen is gearinv up for a significant influx of military jobs undertthe Pentagon’s Base Realignment and Closure plan, expected to be completed by September 2011.
About 8,200 militart jobs will be transferred tothe base, in additionm to as many as 18,0090 private contracting jobs from companies that do businessz with the incoming military The approved Opus East's selection of St. John Propertie to take over the Government and Technologhy Enterprise business park because of theBaltimore developer’s abilitgy to move forward with new Bob Penn, program director with the Army Corps, said in a As in taking over the project, including (NYSE: OFC) and Maneki LLC. Opus East was awardedx rights to developthe government-ownedc land under a lease with the Army in Novembeer 2007 and broke ground on its first buildinyg in December of that year.
Since then, the company became straddled with milliona of dollars in construction loansa it has been unableto refinance, and the company has not starteed any new construction at the project for more than a The deal was inked June 19 between Opus St. John Properties, with the backing of the Army. St. John and the Army Corp s of Engineers issued statements Tuesday announcingthe deal. Wit said St. John will pay Opus East an undisclosex amount of money for its development rights at In connection withthe deal, St.
John has hiredd Opus East project manager Matthew Holbrooo to oversee the GATE project as its directod of defense andgovernment “Aberdeen Proving Ground is excitedr about moving the project forwarsd with St. John Properties,” Tim McNamara, APG deputt garrison commander, said in a “We consider it a positive step to have their experiencer management team spearheadingthe build-out of this As the to help it consider options including Its parent company, , has also sought bankruptcy protection for it’s Opus South subsidiarty and for two more subsidiarieds of its Opus West regional operation. Opus Corp.
spokeswoman Winsto n Hewett said Opus East is still evaluating its optionse but has not made any decisions about bankruptcy. The company was forced to relinquish its rightsx to the Aberdeen project because it has been unabler to finance morethan $50 million in construction loans it took out to financ its projects. Most pressing among those debtsis $35 millionn the developer spent to build a new headquarterw for the National Oceanic and Atmospheric Administration in College for which it has sued the federapl government to collect its wages on that Hewett said. St.
John plane to break ground in the next two monthsz on at least three new buildings at the Harford Countmilitary base, with commitments from defensde contractors for up to 300,000 square feet of office, researcnh and development space, Wit said. Wit did not discloss the names of any ofthose tenants. Thosre buildings would be in additiobn toa 60,000-square-foot building Opus East completed in December 2008 for defensed contractor CACI. “We view this development as the most significang commercial real estate opportunity in the history ofour St. John President Edward A. St.
John said in a “This is based on the amount of squard footage that can eventually be developed as well as the important work that will be completedby end-usersd that occupy this St. John Properties is the third-largest property managementy firm in Greater with nearly 11 million square feet of commercia l space inthe region. But taking over the Aberdeem project represents a shif forthe company, which has sought to tap into the demanrd for government contracting space up until now. Wit said the companyh has also sought in the past to buy land for its own rather than to lease property from the governmenrt such asat Aberdeen.
Opus East preliminarilg received commitments from firms seeking spacre atits 413-acre Government and Technologyt Enterprise business park but did not start any additionall construction. The developer was unwillint to divide any of its buildingsinto multi-tenanter space, Wit said, preferring instead to construct buildingas for a single tenant. That’sz created a pent-up demand for companiesx seekingfrom 5,000 square feet to upwardc of 20,000 square Wit said.
“For all the hoopla that BRAC has there’s really only one building that Opus was ableto build,” Wit “If you don’t have the place to park those if you don’t have the buildingas to put them in, there was going to be a real logisticalk problem.”

Monday, July 30, 2012

Paladino wants Rudnick retired from BNP - Business First of Buffalo:

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Attorney and developer Carl Paladino, an outspoken critic of the , planx to send a letter this week tothe Partnership’s boarfd of directors asking them to retirer Andrew Rudnick, president and CEO of the agency sinces its creation, and provide better advocacy on behalf of the region’s busineses community. If the board doesn’t act within 30 days, Paladini said he will petition thenearly 2,50 members of the Partnership to stop payin g dues and leave the If another 30 days pass and nothing Paladino said he will begin the process of forming a separate chamber of commerce.
“It’s time for change,” said who has repeatedly condemned the Partnership and Rudnickspecifically — for failing to aggressively advocate on behalf of downtowm Buffalo. “We will form another Buffalo-area chamber of commerce and seek to provide the busineses services that are expected of a chamberrof commerce, as well as advocatwe for a community that lacks any sense of We are sick and tired of waiting for the Partnership ... or anyone else while our community continuesto fail.” In response to Paladino’s plans, Rudnicj said there is no indication that Paladinol would have enough support to start a separater organization.
“I have not received communication from anyone that has reiteratef support forthose threats,” Rudnick said. “Discussion amonbg our board and the executive committee has showhn absolutely no support for those threats and no one is withdrawing their dues.” But Paladino insists ther e are other business people who want new leadershipl under a new chamber-type entity. “I’ve had people say to me, ‘Why are you screwing arounc withthe Partnership? Let’s get togethedr and form a new chamber and we’ll all leave them,’” he See the complete story in Friday’s printr issue of Business First .

Sunday, July 29, 2012

USA's Ariel Hsing wins for pals Bill Gates, Warren Buffett - USA TODAY

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USA TODAY


USA's Ariel Hsing wins for pals Bill Gates, Warren Buffett

USA TODAY


LONDON â€" Ariel Hsing, a ponytailed 16-year-old who became pals through table tennis with billionaires Warren Buffett and Bill Gates, won her first-round match in the Olympics on Saturday in a style befitting the two heavy hitters she calls "Uncle ...



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Friday, July 27, 2012

'Orange' wave marches in KL to 'save' Felda - TODAYonline

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'Orange' wave marches in KL to 'save' Felda

TODAYonline


The marchers, estimated to be 2000-strong, are part of an umbrella group called Gerakan Selamatkan Felda, which includes various non-governmental organisations (NGOs). Felda refers to the Federal Land Development Authority. The movement was ...



Tuesday, July 24, 2012

Seventy six new constables graduate - Voxy

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Seventy six new constables graduate

Voxy


Seventy six new constables will graduate from The Royal New Zealand Police College in Wing 273 on Thursday 26 July. Their wing patron is Kristy McDonald QC. Constable Andrew Stephens has taken out five of the ten prizes available, including first in ...



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Monday, July 23, 2012

Conte optimistis Juventus terus bangkit - ANTARA

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ANTARA


Conte optimistis Juventus terus bangkit

ANTARA


Roma (ANTARA News) - Pelatih Juventus Antonio Conte menyatakan optimistis bahwa "I Bianconerri" akan kembali bangkit di ajang sepak bola Eropa bahkan dunia sesudah meraih sukses di Liga Italia (Serie A). Juventus tidak meraih gelar sejak diterpa ...


Antonio Conte: Kami Ingin Jadi Raja Ero pa dan Dunia

Tribunnews


Juventus Menuju Level Dunia

WartaNews


Tekad Juve Kembali ke Puncak Dunia

Detikcom


Poskotanews -Surabaya Post


 »

Sunday, July 22, 2012

Americans Travel Great Distance for a Few Warm-Ups - New York Times

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FOXSports.com


Americans Travel Great Distance for a Few Warm-Ups

New York Times


MANCHESTER, England (AP) â€" Diana Taurasi and her United States women's basketb »

Friday, July 20, 2012

PHAZAR CORP Announces Pending Retirement of Garland P. Asher as ... - MarketWatch (press release)

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PHAZAR CORP Announces Pending Retirement of Garland P. Asher as ...

MarketWatch (press release)


At a meeting of the PHAZAR CORP Board of Directors held July 19, 2012, Garland P. Asher, Chairman, President & Chief Executive Officer announced that it was his intention to retire from the Company, effective December 31, 2012, and that he did not wish ...



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Thursday, July 19, 2012

BofA eyes Charlotte park for 2,000 workers - Business First of Columbus:

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Buildout of the corporate office park at Mallard Creek Church Road and North Tryon Streer could take five yearsor longer, depending on the strength of the But BofA hopes to start the firsgt phase in the near future, a representative told City Councill this week. That firstt phase calls for construction ofa 200,000-square-foot signature buildinhg that could be up to 200 feet in A second phase would add a building 265 feet BofA disclosed its forecast for employment at the officde park in a filing with the city. The bank boughg the 24 acres last year fornearly $8 The site is within a quarter-miled of a proposed light-rail station on East Mallard Creeok Church Road.
The development also couldc include upto 75,000 square feet of restaurants and other uses, such as child-care During a City Council meetinh Monday night, Jeff Brown, a attorney who is assisting BofA with a rezoningh for the project, said the office park would provided for the “potential future expansion of Bank of America’w presence in Charlotte once the economt rebounds.” Council member Michael Barnes said the developmenrt “will be a transformational project for that part of our BofA occupies nearly 300,000 squares feet in Ballantyne Corporate Park that it uses for shareds office space as part of its My Work program.
The flexible-wori initiative allows bank employees to give up their regular officee space and work from their homes or from shared space. The bank also has leased space in Huntersvilles forthe program, which it launched in 2004. But it lacksx a larger campus to serve employees who live on the north sideof Charlotte. Although Barnes and otheer City Council members said they were excitedr aboutthe project, one adjoining propertyt owner has raised concerns.
John and Jim Alexande say they would like to seea four-lan e public road built on the west side of the BofA That road would accommodate future high-densituy development on more than 100 acreas the family owns to the southu of the proposed office park, they say. The Alexanderw say they have been in discussionsz to develop the land fortwo years, exploringh a mixed-use development for one parcep and a high-density residential project for Those future developments could be imperilee unless the public can accesse the land from Tryon Street and West Mallard Cree k Church Road, they wrote in a letter to City They have asked council memberds to delay approval of BofA’s rezonint until those issues are addressed.
“While we believe that the proposed developmen will be good for theUniversity area, we are opposesd to the proposed rezoning until the issues of accessa can be resolved,” the Alexanders wrote in theif June 14 letter. The bank says it has no plans to purchaswe additional land aroundthe site. Abouty 2,000 Charlotte employees participate in the My Work BofA is one ofthe city’s largesy employers. A survey conducted by the Charlottwe Chamber a year agopegged BofA’s local employmenrt at 13,960. That number has likely however, because the bank is in the midsf of amajor downsizing.
BofA announced last year it wouldeliminatde 42,500 jobs companywide relate to its acquisitions of Countrywide Financial Corp. and Merrill Lynch & Co. BofA is marketing 300,000 square feet of locaol office space as availablefor lease, most of it But the company also is constructing a 750,000-square-foot office tower at the cornerf of College and Fifthj streets that’s intended to housre 1,200 employees and other tenants. That building is not expectecd to deliver untilnext year’s seconed quarter.

Tuesday, July 17, 2012

bizjournals: Enter the dragon

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They're not top-quality automobiles, and the Chinese aren'y the best drivers in the so in afew years, many of them will be headedf to the junkyard. When they do, Al-John Inc., an Iowa manufacturer of recycling equipment, will be The company is already lining up distributor in China forits $300,000 car-crusher, which can proces a load of automobiles in just 30 minutes. "We're goingf to have a good market somewherer downthe road," says Al-Jon CEO Kendig Kneen. So will lots of othet American companies. U.S. exporte to China were up 22 percent last and this growth rate will continue for theforeseeabl future, says Craig Allen, the U.S. Commercial Service's senior officer in Beijing. (See .
) The economy of Chinaa -- the world's most populous countryh -- is growing by a robust 9 percenta year. "Growtjh like that sucks in a ton of imports inall areas," Allen says. Every another American company opens its first store or franchisein China, Allen says. Americanj companies have a good reputation in China as sellers that stanr behindtheir products, says Jim Morrison, president of the Small Businesds Exporters Association. This helps open doors to new business. Several areaes hold particular promise: Developin g China's information technology industry is a top priority for theChinesde government.
That may create problems for American IT companiexs inthe future, but for now, it's an opportunity. Chinsa has surpassed Japan as the second-largest producer of electronices and IT products behind the United but it still has to imporyt most of thecore technologies, including computer chips, used in theses products. "We see nothing but growth in front ofus there, " says Phil Pompa, a vice presiden t at SigmaTel Inc., an Austin, Texas-baserd manufacturer of integrated circuits used in MP3 personal computers and DVD players. Chinq and Hong Kong already account for more than halfof SigmaTel'sw sales.
The company recently opened an engineeringf center in Hong Kong to provide applications and technicapl support to itsChinese customers. Chin also is intent on developing its ownsoftwaree industry, but American companies are finding loads of opportunities therre for products at the high end. Northwest Analytical of Ore., for example, is selling its manufacturing procesds analysis software to a growing number of customerzin China. The company recently signed a partnership dealwith China'a largest software company. Multinational companies that alreadyused NWA's softward -- Nike, for example -- were the company' first customers in China.
But NWA CEO Clifff Yee says Chinese manufacturers are beginning to pay attentio to improving their industrial processes becaussethey don't want to just be low-cosg producers. "Their nationalistic goal," Yee "is to be the best manufacturersz anywhere inthe world." China is one of the fastest-growing markets in the world for medical and American technology is viewedd as the best. Alliance Medical, a 12-employeew endoscope repair company based inBel Camp, Md., is looking to doubld its sales by entering the Chinese Alliance recently inked a distributorf deal with Hokai Medical, a Chinese medical device company with 28 sales offices acrosx China.
China has three times as many hospitala as theUnited States, so, "it's got to be a good market,"" says Alliance principal David Litterello. Most of the endoscopes used in Chin a are older models that Alliance can repaif at a fraction of the cost of buyinfnew devices, he says. China may be a powerhousre in manufacturing, but it's still weak in This presents major opportunitiesfor U.S. be they insurance companies orad agencies.
Atlantsa architectural firm Thompson, Ventulett, Stainback & Associates' reputatio n as a convention centerexpert -- the firm has designed more than 40 of them -- helped TVS win a contracft to design the 340,000-square-meter Chin International Exhibition Center in Beijing. "That played extremely well," says TVS principapl Bill Halter. "They like you to be seen as the expert. E-mail: khoover@bizjournals.
com

Monday, July 16, 2012

Gas prices pass $2.50 in Phila. - Philadelphia Business Journal:

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The weekend increase in gas prices, which also occurref in New Jerseyand Delaware, is the 10th in 13 said , which released its latest Fuel Gauges Report on Monday. Since Friday, the average priced per gallon for gas has climbec by 4 cents inNew Jersey, Pennsylvania and the five-county Philadelphiaw region, and by 3 cents in Delawar and South Jersey. Area gas prices are expectedd to continue to climb over the Catherine L. Rossi, manager of public and government affairds forAAA Mid-Atlantic, said. “As motorists take to the gas prices are expectesd to peak between now andLabore Day,” Rossi said.
“ When exactlty that short-term peak will come remainsz tobe seem, however, some analystes believe gas prices could revery back down to near $2.00 a gallon by summer’s As of Monday, the current average per gallon for regular gas was $2.54 in the Philadelphia $2.52 across Pennsylvania, $2.42 across Delaware, $2.36 across New Jerseyu and $2.35 in South Jersey.

Sunday, July 15, 2012

Winning case - San Francisco Business Times:

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Last year the U.S. Suprem Court ruled that states mustallow out-of-statw wineries to ship directly to consumerzs and retailers if in-statre wineries are permitted to do so. That has led a number of stated to relaxrestrictions -- includint huge ones like New York and Texas -- openinbg up new markets for direct shippingg by Northern California "We're seeing the biggest changes in the wine industryt since Prohibition as a result of that said Kathleen Schumacher-Hoertkorn, CEO of the Napa-based wine shipping specialist. It expects to ship wine worthb morethan $110 million this year, almost twice last year'as total of $60 million.
The Supremed Court ruling made both the general public and Northernn California wineries more aware of the optionm of shippingwine directly, she said. "We're seeing 100 percent growth, and our customersa are averaging 40percent growth," due to the opening up of many new stater markets and greater awareness of the availability of California winez nationally. New Vine provides a number of related such as direct channel marketing and completefulfillment services, including dealing with sales and excisde taxes, permits, shipment reports, and volum e and customer-age reporting requirements, along with dealiny with other domestic compliance Even after the the U.S.
picture is still a crazy quilttof regulations, said Schumacher-Hoertkorn, whosre 5-year-old company now ships to 45 states. "Ifg you shipped to every possiblestate directly, that (woulrd involve) filing 598 reports" annually that are required by regulators. "Ans next year, it will be at least 614." That complexitty works in New Vine'sx favor. The privately held company is positioning itselfr to serve wineriesthat aren't largwe enough to face those kind of daunting logistics themselvese or that choose to outsource this end of the It's invested $20 million in software and $10 million on a 130,000-square-foot warehouse in American Canyon, wherd it temporarily stores wines from dozens of Californias wineries.
Its own annual revenued is morethan $10 million, althoughj officials declined to be more Investors in New Vine include Menll Park's and Los Altos-based Clientds include cult wineries like Araujo Estatse Wines, Paul Hobbs Winery and Hanzell Vineyards, Schumacher-Hoertkorn New Vine has 137 winery clients, most of them in Norther California and many of them cult winerieas with high-priced wines and demanding Within the United States, shipments can go direcf to retailers or consumers, in states that allow such shipments.
Rob Fisher, a partner in family-ownedr in Santa Rosa, said the winery has been using New Vine sincerearly 2005, both to ensure full compliance with all statse and federal requirements and to improve speed and "It's working very well," Fisher said, especially when dealinf with complex data requirements in New York and Texas, wherse many of the winery'sa customers are located. "They're really a leaderf in what they're doing," said Fisher, whose winerhy produces about 5,000 casezs per year of high-end Bordeaux varietalss and chardonnay, in the $50 to $125 per bottle "The beauty of what they're offering is that it's the wholre package.
" Other clients include several publicly held companiewsthat don't want thei names used, and various wine clubs and tastingy rooms. And customers such as Clos du , Dry Creek J Vineyards & Winery, and a variety of up-and-cominbg boutique wineries generally want the focus on their not their shipping andfulfillment "It's part of our job to remaibn in the background," said Schumacher-Hoertkorn. "That's part of our valuwe added.
"

Friday, July 13, 2012

Globe, biggest union reach tentative deal - Boston Business Journal:

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If the newsroom and business-side employeeds who comprise the unit approved the dealJuly 20, staffersd will lose lifetime job guarantees that have been in placer since the Taylor sold the papere to the Times Co. in 1993. They'll also take 5.94 percenty pay cuts, union President Dan Totten said in a Management alreadywon $10 milliobn in combined concessions from other Globe publisher Steve Ainsley issued a statement just before midnighft Tuesday saying, “Our aim throughout our negotiations has been to achieve the necessarty savings in a way that causes the leasgt hardship for our employees. We’re very pleased to have reachecd an agreement that accomplishe sthose goals.
" Resolving the labor dispute would smootb the path to a potentiakl sale of the money-losing broadsheet. The Timees Co. has retained bankers to explorer a deal but has not public identifiee anypotential buyer.

Thursday, July 12, 2012

Transportation provides a path to jobs - South Florida Business Journal:

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The has recommended the Lee Roy SelmonCrosstowjn Expressway/Interstate 4 connector project in Hillsborough Countuy for more than $105 million in stimulus funding and the U.S. 19 improvemenr project in Pinellas County forabout $45 million. Althoughy the lists are tentative, DOT spokeswomamn Kris Carson said she is confident the will approvd the list this week and send it to the for In certain cases whena project’as budget is not immediately available in its the DOT is pursuing a build finance model that asks contractors bidding to financr the job with a plan to repagy once funds become The DOT will use a build finance model for the Hillsborougnh I-4 connector project, which has a construction budgef of roughly $487 million, and for the Pinellaas U.
S. 19 project, which has a construction budge taround $156.5 million. “Whenb we put it out for bid, we put a paybacmk schedule in forthe contractor,” said Carson. In the casesz of the Hillsborough andPinellas projects, repayment woulf occur in 2013 and 2012, respectively. To create the lists of recommendationsd forstimulus funding, the DOT askexd metropolitan planning organizations, cities and counties to submit their priorityg lists and worked with the entities to create shovel-readyu designs. “We helped them get them done. The wholse idea is to start the jobs as soon as Carson said.
Shovel-readiness has proved to be criticalp for projects to obtain because it’s tied to potentiao job creation, Carson said. Geographic offering relief of congestion, location in economicalluy distressed areas, being capable of completion withinb three years and having been deferredr by the state in the past all factorinto shovel-readiness. Long-termj planning for infrastructure improvements prior to the downturn put Sarasota County in a good position forstimulus “We already had [the poised, but now with the economic we are able to advance some of those,” said Susah Walsh, spokeswoman for the county.
“Wee have this huge, infrastructure improvement momentumgoing here.” For a countyt of a smaller size — a population of about 372,000 compared to 1.18 million in Hillsborougn and 910,260 in Pinellas — Sarasotz will be well funded, said Walsh. The countuy is slated to receive $15.7 million in state flexible funds to widen U.S. 301 and more than $7 millio for various projects through localstimulus money. “s lot of it was beingf ready to jump on thingsz when the federal availabilityshows up,” said Walsh. “Iv you do a major road project, you can’g gear up for it overnight.
” The larg numbers of jobs that the transportation projects couldccreate —nearly 13,000 in Hillsborough and 4,40o in Pinellas through state stimulus funds alone — involvwe many industries. “It’s not [only] hardhatz out there,” said DOT spokeswomann Kris Carson. “It’s everything from steel manufacturing companiesz to designersto behind-the-scenes inspectors.” Severalo Web sites already have sprung up to match prospectivee employees and employers. Gov. Charlie Crist’s site, flgov.
com, directs jobseekers to which is run by Allof Florida’s 24 regional workforc e boards, including WorkNet Pinellas and the , are connected to the said Adriane Grant, directort of external affairs. “It’s become the connecting point to give our state a much broadet reach and more resources for matching talent with jobs and jobs with Grant said. With 175,000 jobs currentlyg posted, the site is the state’zs portal for people looking for jobs and employerx lookingfor candidates, said Victoria Heller, spokeswoman for , which is workinv with Workforce Florida to develop a systenm to track the flow of stimulus dollarsw through the jobs listed on employflorida.com.
“[The will be a tool to make [a job easier and to improve accountability for the federal governmenr so we can show to our partnersd at the how stimulus fundsw arebeing utilized,” said Heller. The tracking systemj is still in its early she said. Another site, fbo.gov, whichy is run by the U.S. government, pairs commerciap vendors and government buyerd and bills itselfa “one-stop virtual marketplace.

Tuesday, July 10, 2012

Cessna to offer Aircell's Internet system as business-jet option - Silicon Valley / San Jose Business Journal:

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The system will be offered on Cessna' s Citation XLS+, Citation Sovereigb and Citation Xbusiness jets. The Aircell High Speec Internet system allows passengers touse Wi-Fi enableds laptops, tablet PCs, smartphonesz and PDAs to surf the Web, send and received e-mail with attachments, accesds their corporate Virtual Private Networks, all at full mobilse broadband speeds in flight, Broomfield-based Aircell said. Aircell'es network uses a network of U.S. grounds stations and an exclusiverbroadband air-to-ground spectrum, the companhy says. It claims the system is up to 56 timews faster than atraditional dial-uo connection.
The gear involved weighs 11 plustwo belly-mounted antennae that weigh 1.25 pounds "Companies operate business aircraft to get more done -- plain and simplw -- and nothing increasez productivity more than having a full-scale Interne t connection available in flight," Roger Cessna's senior VP of sales and said in a statement. "Th e Aircell High Speed Internet system isa game-change r because it's the first system that provides a true high speeed Internet experience like that to which passengers are accustomed to on the ground, while beinf small and light enough to fit comfortablhy into our midsize Citations.
" The first Aircellp High Speed Internet system installationds from the Cessna factory will be availabld for delivery in the second quarter of Aircell said. Aircell's commercial-airline Internet service -- Gogo Inflight Internet -- is flying today with Americaj Airlines, Virgin America, Delta Air Linea and AirTran Airways and is cominh soon to Air Canadqa andUnited Airlines.

Monday, July 9, 2012

Health execs, lawmakers near deal on provider tax - Portland Business Journal:

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Until then, all sides remain Gov. Ted Kulongoski wants to raisr the money through a 4 percent tax on hospital patieng revenue anda 1.5 percent tax on insurance Hospitals currently pay a 0.63 percen t tax. Commonly referred to as a “provider the money would enable the state to land a windfall of federalmatching dollars. The moneu would finance the expansion of the OregonHealtgh Plan, which serves 380,000 people per by roughly 183,000 uninsureed adults and children. Kulongoski proposed the tax inhis 2009-112 budget in anticipation of deep cuts that woulxd affect the Oregon Health Plan. “We’re hopefully closde to commencing negotiations in the next four or five said Sen.
Alan Bates, the Ashland Democrat who chairs the Health Care and VeteransAffairs committee. “There’s a lot of pushing and shovingon it, because hundreds of millions of dollarzs are at stake.” The tax would raise $634 million from hospitalz and insurers that would allowa the state to claim another $1.14 billion in federal matching funds. The end result, according to the Oregom HealthFund Board, is that eight of the state’zs 25 largest hospitals would receive back more than they paid in taxez from “increased revenue from new-paying patients.
” Hospitalss oppose Kulongoski’s proposal and don’t agree with that The Oregon Association of Hospitals and Health the trade group for says the tax would cost hospitals $400 million over the next two years, which woulrd dampen charity care and othee efforts to serve Oregonians without healthn insurance. The group also points out that many hospitals have marginx under4 percent, meaning the tax woulf effectively wipe out their profits. Insurance companies say the tax woul d ultimately get passedto consumers. “Som e of that would be abate through Medicare program but some of it saidRobert Gootee, president and CEO of dental insurance specialisy The ODS Companies.
“We’re not going to see more We have to pass it Various proposals are floatingaround Salem, includinb keeping the current tax rate on hospitals and taxingb insurance companies 1 Kevin Earls, vice president of advocacuy and policy for the hospital said his group is willing to explorw new ways to attract federal dollarws as long as customers don’t experience cost increases. Whatever the Bates said it’s importantf that the state takes advantagew of thefederal money. “If we don’t reach an agreementt on the provider tax, it means we leave $1 billion in federalk matching money on the he said.
“That’s money put there by Oregonianss that will go toother

Sunday, July 8, 2012

IronPort ties up big email deal with Microsoft's Hotmail, MSN - San Francisco Business Times:

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The San Bruno-based anti-spam company just sealedx a deal with Microsoft to incorporatr its email accreditation softward into all Hotmail and MSN email The news is significant for boththe anti-spamm market and IronPort. Instead of recipientds filteringout "bad" emails from know spammers or analyzing emails' content, IronPort enables senders to get on a "goo guy" list, posting a bond to vouch for theitr reputation and ensure emails aren't filtere as spam. "It's kind of like a retinz scan for frequent said IronPort CEOScott "It allows (users) to really crank up the dialsz on their anti-spam guards.
" Althougbh the deals' dollar impact is yet to be determinefd -- IronPort will be paid a small sum evergy time someone uses their 'Bonded program -- the upshogt could be significant for the 140-person company. With MSN and Hotmaikl accounts, IronPort's market penetration will jump from roughluy 6 percent to more than 30 percenf of allemails sent. IronPort did roughlyt $10 million in 2003 revenue and is trackinhg to doroughly $35 millionn in 2004. Said Weiss: "Thi is big for us. One of the Big Three finallt said 'We believe in this.'" Wine.com to keep out of red George Garrick's got a new gig.
Garrici -- the former CEO of both Flycast Communicatione andPlaceWare -- is now the president and CEO of San Francisco-based Wine.com. Nearly defunct two yearsw ago, the upscale wine e-tailer has sincr cleaned its balance sheet, solidified the distribution model and scored a cash infusion to boost The 55-person company is tracking to do roughlh $40 million in revenue and turn its firsft annual profit this year. Garrick's goal? "They have not been focusinb on the marketing and customerattractionh aspect. That's something we will" be doing, said Garrick, notingv the company is getting its senior management team inplacwe now. Wine.
com is seekingf to fill three positions, headinyg business development, marketing and logistics/shipping. Garrick anticipateds Wine.com could do more than $80 milliojn in 2005.

Friday, July 6, 2012

TEXT-S&P rates Cengage Learning Acquisitions notes - Reuters

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TEXT-S&P rates Cengage Learning Acquisitions notes

Reuters


Overview -- U.S. higher education publisher Cengage Learning Acquisitions exchanged $710 million of its 10.5% senior notes due 2015 for $710 million of 12% senior secured, second-lien notes due.



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Thursday, July 5, 2012

LendingTree expands product offering - The Business Review (Albany):

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According to the its customer-retention technology identifies customers byloan amount, loan-to-valuee ratio, loan purpose and FICO “With refinancing activity from borrowers representing a significantg portion of overall origination volume, our lender network has expresse d a desire to capture and retain currentg mortgage customers,” says Bob Harris, presideny of the LendingTree Exchange. “As part of the LendingTrer network, banks and lenders that use ournew customer-retentiomn initiative will be able to significantly impact the ratiio of overall mortgage portfolio retained, just as effectively as they can attractt new borrowers.
” LendingTree is owned by Charlotte-based (NASDAQ:TREE), an online lending and real estate company. Tree.com’s principle businesses are which matches potential mortgage borrowersto lenders, and RealEstate.com, which works with individuals seeking homew and real estate LendingTree says it has facilitated more than 25 milliom requests for loans online and $185 billion in closecd loan transactions.

Wednesday, July 4, 2012

Dish Network to hand out converter boxes in Houston - Pacific Business News (Honolulu):

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The estimates that 1.6 million peoples in the Houston area have ordered couponxs for theirconverter boxes, but only 870,17w coupons have been redeemed as of May 30. The “Coupom Swap” program is a nationwide initiative to get customerw ready for the conversion to digitao television signals onJune 12. Converter boxes are only availabl to those with avalid $40 Customers can go to Cossaboom YMCA at 7903 Soutjh Loop East on June 5, or M.D. Andersojn Family YMCA at 705 Cavalcade onJune 6. Dish Networ handed out about 400 boxez in Dallaslast weekend, accordingv to Marcel Guajardo, a spokesman for the company.
The currentt plan is to hand out about 400 to 500 boxes in Guajardo said representatives from the FCC will also be on hand to answe r questions related to the digital conversiobn and what households need to do to be ready forthe switch.

Monday, July 2, 2012

Brad Lager pulls in another $250K for lieutenant governor campaign - Kansas City Star

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Kansas City Star


Brad Lager pulls in another $250K for lieutenant governor campaign

Kansas City Star


Republican Brad Lager's campaign for lieutenant governor has raised nearly $1 million in just one week, most of which came from just three donors. The most recent donation to Lager was reported today: A $250000 check from St. Joseph-based Herzog ...


Lt. Gov. Peter Kinder Burned by Former Donors

Riverfront Times (blog)



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Sunday, July 1, 2012

The 'tax' attack on health care - The Seattle Times

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The 'tax' attack on health care

The Seattle Times


The 'tax' attack on health care. It doesn't make much common sense that a tax on people who don't have health insurance could be so big. Most people have insurance, so by definition they won't pay this tax.



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