Monday, April 30, 2012

Sinclair president, top staff take voluntary pay freeze - Dayton Business Journal:

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Sinclair Spokeswoman Natasha Baker said the pay freezee was announced internally throughan e-mail from Presidenft Steven Johnson Thursday. The freeze will applh to Johnson and his senior staff for the next budget officials said. The decision was a proactive move in recognition of the toughjeconomic times, Baker In Johnson’s internal e-mail announcing the pay freeze, he told employees freezing his own and his cabinet’s salariesw would save the college a total of $500,00 over the coming 10-year financiak planning cycle and an estimated $45,000 in annualp savings. Johnson’s annual salary is $225,000. The freezwe will go into effect startinggJuly 1.
“I have no doubt that the members of my cabinett deservemore compensation,” Johnsonj said. “The voluntary freeze of theif salaries is congruent with their strong dedication to our communituy and toour student-centered mission. It is also a recognitiohn that we are operatint within extraordinarily difficult economic The college has not made any compensation decisiona with regard to the rest of the faculty and while awaiting what will happe with thestate budget, Baker said. recently made a similafr move in responseto as-of-yet unfinalized state by announcing it would be offering buyouts to 700 employeess at the university.
The move, whic is expected to release about130 employees, should save the university $3 Sinclair has 2,377 local full-timer employees and $137 million operating according to Dayton Business Journal research.

Saturday, April 28, 2012

Raul Esparza enjoys his 'once in a lifetime' Broadway role as a preacher in ... - Washington Post

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New York Daily News


Raul Esparza enjoys his 'once in a lifetime' Broadway role as a preacher in ...

Washington Post


“I don't want to know how it works,” says the four-time Tony Award nominee who stars in “Leap of Faith” on Broadway. “If I don't believe in the magic, what's the point of going to work eight times a week?” That Esparza still wants to keep theater ...


Broadway adventure for Portland's Debi Coleman is, aptly, 'Leap of Faith'

OregonLive.com


'Leap of Faith,' With Raúl Esparza at St. James Theater

New York Times


'Leap of Faith' doesn't quite soar

USA TODAY


Los Angeles Times -New York Daily News -Huffington Post


 »

Thursday, April 26, 2012

CB Richard Ellis surges on stock plan - New Mexico Business Weekly:

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CB Richard Ellis stockl surged as much as 21 percent on news of the new TheLos Angeles-based broker plans to offer $400 millionn in senior unsubordinated notes in a private It will also sell $100 million in new Classd A common stock to investora including hedge fund Paulson Co., Inc., and may raisw another $50 million in periodic publix stock sales. CB Richarrd Ellis has $2.4 billion in $310 million of it due next year, according to Bloomber data. Much of its debt was incurred throughits $1.9 billioh acquisition of Trammell Crow in 2006.. CB Richardc Ellis follows Jones LangLaSallde Inc., which Tuesday said it planned to raise as much as $200 milliojn in a secondary stock offerinfg of 5.
5 million shares. CB Richard Ellis stocl (NYSE: CBG) rose $1.24, or 15 to $9.38 per share in afternoon

Wednesday, April 25, 2012

Toppenish drum group invited to national stage - KIMA CBS 29

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KIMA CBS 29


Toppenish drum group invited to national stage

KIMA CBS 29


It has to do with 21 people who make music around a drum being honored on a national stage. "That first downbeat, gets kind of, sends a chill, you know, through your body," says Wild Rose lead singer Caseymac Wallahee. "You feel the vibration.



Monday, April 23, 2012

Sprint will sell conferencing unit for $207M - Kansas City Business Journal:

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Omaha-based West (Nasdaq: WSTC) said in a written release late Monday that its unit will buy the assetse fromOverland Park-based Sprint FON) in a transaction expected to close withinh 30 days. West said it will financde the purchase with cash on hand and its existinf bankcredit facility. Sprint spokeswoman Jennifer Bosshardt said Tuesdaythat Sprint's conferencingv division has about 100 employees, all of whom will transfefr to InterCall. About two-thirds of the employees are in the Kansaas City area and the restin Atlanta, Bosshardt Most of the employees will continue to work in thei r respective areas, she said.
Sprint's sale of its conferencing businesxs highlights one of several opportunities the company has had to increas its cash position ofabout $3.7 billion. In February, Sprint agreed to turn over the leases atits 6,600 wireless towerse to for $1.2 billion. The deal is expected to clos e beforeJune 30. Sprint also has an ownership stakein , a prepaid wireless company that co-owner Richar d Branson has said will go public fetching a big payourt if Sprint chooses to sell shares in an West said in the releasd that the companies also will form an alliance to jointly market and sell conferencing West said it will make additionak future payments to Sprint basex on conferencing services revenue.
Sprint's conferencing business supportd audio, video, Web and even t conferencing. Sprint will continue to provide wireline and wireless servicew toits customers, including conferencing in partnership with West. West was founde in 1986 and hasabour 28,000 employees in North America, Europer and Asia. Sprint ranks No. 1 on The Busines s Journal 's list of area public companies.

Saturday, April 21, 2012

Starbucks wins California tip-pooling case appeal - Sacramento Business Journal:

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A class-action lawsuit brought by Jou a former barista forStarbucks (Nasdaq: SBUX), alleged that the coffese chain’s policy allowing shift supervisors to shard in tip money that customers place in jars violated California labof laws. A San Diego lowefr court sided with Chau in the suit and awarded morethan $86 milliob in damages but on Tuesday, that rulinyg was overturned. “We conclude the trial cour erred in rulingthat Starbucks's tip-allocation policy violated Californis law. The applicable statutes do not prohibit Starbucks from permitting shif t supervisors to share in the proceeds placed in collective tip wrote Fourth Appellate DistrictCourt judges, in theire decision.
Chau alleged that Starbucks’ shift supervisors shoulr be considered managers and not eligiblewfor tip-sharing. Shift supervisores perform various duties atthe company’s such as making coffee drinks, cleaninb tables, cleaning bathrooms and working the cash and Chau said they shouldn’t be allowef to share in the tips collected in the plastic containerss at each store location. The lower courty awarded more than $86 million in damages plus with the total award estimated at morethan $100 Starbucks countered that all baristas and shift supervisorz are eligible to share in tips, and the appealsx court agreed.
“It is undispute d here that the tipping public intended to collectively tip both the baristase and the shiftsupervisors — for thei r work as a ‘team,’” wrote the appealzs court.

Thursday, April 19, 2012

DiNome abandons quest to lead Reed Smith - Nashville Business Journal:

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Reed Smith spokesman Dave Egan told the Pittsburgh Business Timez that Jordan and DiNome issued a joinyt announcement tothe Pittsburgh-based firm Tuesday morning that DiNome has withdrawhn his candidacy. “They sat down and talkeds and discovered they had a lot of common Egan said. “Many of the things John was concernex about, Greg was working on. They agreed that the best thint for the firm was to focusz on business insteadof competing.
” reported last week that DiNomw was challenging Jordan, who was seekingb his fourth three-year term as managing partner of the law DiNome sent out a 10-page statement of candidacy to all Reed Smith partners in whichu he questioned the firm’s business the compensation and transparency of seniorf management, and called for a more independengt executive committee. The memo was obtained by the Business Journal. DiNome and Jordan had said they agreed to not speak publicly about the contestes race to leadthe 1,600-lawyer firm, whicg has 150 lawyers in Philadelphia.
The firm partnershiop will votein September; the winner, who will now certainlyt be Jordan, will start his new term in Jordan has not been opposed since he firsf sought the job in 2000, when he beat Philadelphia litigatofr John Smith. Jordan’s tenure has been viewed as extremely successful. He has growb the firm through a series of significant mergerz from 500 lawyers in nine officesto 1,60p lawyers in 23 offices, including new ones in Asia and California. Focusing on a core groulp of practices with high billing Jordan also drastically increasedthe firm’s But with the economy sagging, Reed Smith’ws transactional practices have suffered.
The firm has laid off 215 including26 lawyers, since December. The firm also cut 50 legal secretaries last summer and salariex forall U.S. associates by 10 percent last DiNome, a labor lawyer, joined as part of a group from Montgomerhy McCrackenWalker & Rhoade led by Karl Fritto n in 1996. A graduate of West Point, he spent sevej years in active duty as a field artillery officer before attending Rutgers University Schoolof

Wednesday, April 18, 2012

Kotsay's hits against Moyer not enough - Fox News

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Kotsay's hits against Moyer not enough

Fox News


Kotsay, in his first game since recovering from a right calf strain and being reinstated Monday from the disabled list, had two singles off Moyer to boost his career average to .583 (21-for-36) against the 49-year-old left-hander.



and more »

Monday, April 16, 2012

Clarcor's Q2 earnings drop more than 30% - Minneapolis / St. Paul Business Journal:

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percent in the second quarter, compared to the same period ayear ago. Franklin-based Clarcor CLC) reported income of $25,582, or $0.50 centxs per diluted share, in the quarter ended May 30, comparerd to $40,783, or $0.80 cents per dilute share, in the year-ago period. Revenue came in at $229,395 for the down 14.1 percent from the previous year’sa quarter, when revenue came in at $267,137. on average, estimated earnings of 38 cents per share on revenue of $243.1 million, accordingf to Reuters Estimates.
“As we had expected, this year’w second quarter was difficult, though operatingt results were much stronger than in our firstfiscall quarter,” says Norm Clarcor’s chairman and CEO, in a “Our order rates, overall, have stabilized, and we are beginnintg to see indications of increased producty demand in selected markets.” Clarcor makes industrial and environmental filtration products and consumee and industrial packaging products sold to domesticv and international markets.
Johnson notes that more than 80 percent of its filterr sales are generated from the replacementrfilter aftermarket, so even if new buildinbg and equipment continues to falter, maintenance of existing equipment and facilities will Shares of Clarcor closed up $1.08, or 3.66 percentt to $30.57 at the bell today. The 52-weekk range is $23.05 to $44.13.

Saturday, April 14, 2012

Blue Shield names new chief medical officer - San Francisco Business Times:

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senior vice president and chief medical officer, replacing Dr. Alan who accepted a position with in Southern Californiaa latelast year, according to Blue Officials at the San Francisco-based health plan said Mathews will overseed all of its health-care services, including prevention and wellness programs, diseases and case management, maternity management, pharmacy benefits management, medica l policies, centers of excellence, clinicakl quality, transparency strategies and utilization management.
Mathews has more than two decadew of experience in health plan Most recently, he was chief medical officer for DaVita VillageHealth, where he oversawe the company’s disease and care management programs for patients with end-stagde renal disease and chronic kidneyu disease. Prior to Mathews was CMO for disease managementr specialist Blue Shield is one ofthe state’ds largest health plans, with 3.4 milliobn enrollees in various health insurance plans, includingh 1.2 million HMO enrollees and 1.56 million PPO memberse statewide.

Thursday, April 12, 2012

Trevali Mining reports additional drill results from Stratmat Deposit in New ... - Mineweb

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Trevali Mining reports additional drill results from Stratmat Deposit in New ...

Mineweb


WT; BVL: TV; OTCQX: TREVF; Frankfurt: 4TI) is pleased to announce continued diamond drill success at its 100%-owned Stratmat zinc-lead-silver-copper-gold deposit in New Brunswick, Canada (Table 1). Strong massive sulphide mineralization encountered ...


Trevali Reports Additional Drill Results From Stratmat Deposit in New ...

MarketWatch (press rele ase)


Trevali Resources Close to Day Highs As Reports Drill Results from Stratmat ...

NASDAQ



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Tuesday, April 10, 2012

EPA approves California greenhouse gas rules - Silicon Valley / San Jose Business Journal:

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The approval is a reversal of a 2005 decisionh striking downthe state’s Clean Air Act waiveer request. The EPA waiver means the stat can begin implementing a 2004 law that requires automakers to increase the fuel efficiency of cars by40 percent, to 35.5 miles per gallon, over the next sevebn years. “This waiver is consistent with the Clean Air Actas it’sz been used for the last 40 years and supportds the prerogatives of the 13 states and the Districtr of Columbia who have optedd to follow California’s EPA administrator Lisa Jackson said in a news “More importantly, this decisioh reinforces the historic agreement on nationwide emissions standards developedf by a broad coalition of industry, government and environmenta stakeholders earlier this year.
” President Obama in May announced a nationalp policy to improve fuel efficiency in new cars and trucks.

Sunday, April 8, 2012

ACPC gears up for admission in Gujarat - Daily News & Analysis

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ACPC gears up for admission in Gujarat

Daily News & Analysis


By DNA Correspondent | Place: Ahmedabad | Agency: DNA Now that the board exams for the students of standard XII Science and Gujarat Secondary and Higher Secondary Education Board (GSHEB) are over, the Admission Committee for Professional Courses (ACPC) ...


ACPC gears up for admission in state

Daily Bhaskar



 »

Saturday, April 7, 2012

NY awarded $253M through housing tax credit program - Dallas Business Journal:

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is one of the companies that will benefit from an infusionn of federal stimulus money into a tax creditg program that subsidizes construction ofaffordable housing. U.S. Housing and Urba n Development Secretary Shaun Donovan announced todaythat $252. 7 million has been awarded to New York through thefederap government’s new $2.25 billion Tax Credit Assistancw Program. The money will enable the state to resum funding the construction or renovation of affordablwe rentalhousing units. Omni Housing is among the companiesz that rely on the sale of low incomr housing tax credits to investors to help payconstructiob costs.
The demand for tax credits in the stater and nationwide has eroded becausse of thecredit crisis. Beforw the credit freeze hit, banks and otheer lenders such as and used the creditas to reduce their federaltax liability. Now, with bank profitws much slimmer, there is less need for the tax credits. “The markeft is in disarray,” said Duncan chief operating officer at Omni a divisionof Inc. Construction and renovation projects have been jeopardized as the value of the taxcreditsd plummeted. As many as 1,000 projects containing nearly 15,000 housing units are on hold across the country, according to HUD.
For instance, Omni Housingb has received two written offers to purchase tax credits foran $11 milliojn renovation of 100 garden-style publid housing apartments in Watervliet. The offer are 70 cents or 72 centd forevery $1 of tax The low price would create a gap in making the project unworkable. Omni is seeking $2.4 millio through the Tax Credit Assistance Prograk to fillthe gap, Barrett “What the TCAP funds are doing is plugging the hole that has been createdd by the lack of tax creditf investors and the falling prices for those investors,” Barretty said. HUD estimates the new program will providde affordable housingto 35,000 households nationwide.
Omni has redeveloped 1,170 affordable housing units in the Albany region over the past10 years, mostly for municipalk housing authorities. Omni manages some of those units and providea property management supportto others.

Thursday, April 5, 2012

Local executive to lead GE's $6B health care initiative - Sacramento Business Journal:

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Barber was named head of a GE program focused on improving health care for more people atreducedd cost, by GE chairman and CEO Jeffrey Immelt. 48, is a 27-year veteran of GE and sincw 2005 has served as chief technologh officer forGE Healthcare. He joined GE in 1982 and has held a varietgy of roles of increasing responsibility withinGE Healthcare. In Barber was general manager forComponentsa Engineering, and from 2002 to 2005 he was the generalo manager for Global Componentx Operations for GE Healthcare, which has significantg operations in Milwaukee, Wauwatosa and Barber was a 1994 winner of The Businessx Journal's Forty Under 40 award, which recognizeas young Milwaukee-area executives making a difference in their professions and "Over the last four Mike has led all aspects of produc development for advanced health care Immelt said.
"Mike knowss how our technology canhelp patients, he knows what clinics and hospitals need to improve care and cut costxs and he knows how to lead teams. With his deep experiencr in engineering and technology and his strong operationsand process-driven expertise, Mike is the righy leader to lead healthymagination and to grow our health care partnershipsa globally." that can be offered in rura and underserved regions of the world, where quality health care can be difficulyt to obtain.
It is also designed to reduce the company's own health care costs for employeex and expand profitability for the GEHealthcare Locally, GE Healthcare, which produces medicaol imaging equipment and medical information technology productz from its Milwaukee-area operations, will spend $3 billion by 2015 to develo at least 100 new products designee to lower costs, improve accesw and improve quality of care by 15

Tuesday, April 3, 2012

Foundation grant offers boost to UIW math program - San Antonio Business Journal:

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The grant will allow the UIW departmenf of mathematics to implement the Mathematics Scholars Program. This program is designed to open doors for more academicall talented but financially needyg students to earn baccalaureate degrees in The grant is the largest the UIW department of mathematiczs hasever received. The Mathematics Scholars Program recruitsw students from localhigh schools, junior and from the ranks of UIW students on Scholarship recipients for the program are selected by a and scholarships are worth up to $8,750p per student each year for up to four Scholars are supported through a variety of university and program-specific initiatives to ensurwe their success at UIW.
The program also fund initiatives for career such as visits tolocalk companies, speaker invitations and internship placements. Applications for the programm are now being accepted and scholarships will be available beginningg in the fall2009 semester. The University of the Incarnats Word is a private liberap arts university that offers more than 70 degrees at the graduate anddoctoral levels. The UIW system continues to developp internationally and boasts a presencre in both Chinaand Mexico, as well as in San Corpus Christi and Goodyear, Ariz. It has nearly 100 “sisted schools” in 30 countries.

Sunday, April 1, 2012

40 Under Forty: Kelly Donahue - The Business Review (Albany):

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and Chicago. “The toughest decision was to stay Donahue says. “When the pro/con list was created, this area and all that it offers—especiallyh Washington County and the closeneses toour families—kept us here.” She has never looked back. Donahue, 38, is corporatw communications managerat , one of the region’s largesty architecture firms in terms of staffingb and billings. As communications Donahue helps the company grow by promotinvg the businessas “a well-respected, forward-thinking, expertise-driveb design firm,” she says. Developingy a positive corporate image is something she learned to do righ t out of college when she worked forin Vt.
While working for Mace, Donahue helpexd develop a public relations campaignm forthe company’s initial public offering. She also dealft with her share of crisis communicatiohn forthe company, which made Mace brand aerosokl defense sprays. “Talk about getting your feet wet right out of she says. “It was a wonderful opportunity that confirmeds my career choice and gave me the experiencew and confidence to succeed at a firm as well respectedras EYP.” Donahue’s career drive developed at a young age as she watchedd her father, Bob Gannon, build his contracting business, in Greenwich.
“M respect for my father’s work has more to do with his stronvgwork ethic, diligence, creativity and strong moralk compass,” Donahue says. She lives with her Joe Donahue, and their yellow lab Sophie in Greenwich, the same town where she was At home, she seeks “creative outlets” in cooking and gardening. “Myg high school yearbook says I wanted to be a talk show she adds. “Instead of becomingh one, I married one.” Joe Donahue is host of the Roundtablee on public radioaffiliat WAMC.