Saturday, December 29, 2012

Service will free Realtors from work related to home showings

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Instead, they can call Centralizeds Showing Service, a company that has signed a three-yead contract with the Capita l Region Multiple Listing Service tocoordinate showings. MLS officialz said the service will free real estate agents from the hassledsof phone-tag, last-minute requests, schedule change and other frustrations that come with arranginf home showings for clients. Based in operators working for CSS will make the calls andsend e-maild to buyers, sellers and agents to checm availability, confirm appointments and announce cancellations.
Agentsw will benefit in other ways, such as havingy access to a databases showingwhich houses, and at whicj price ranges, are generatinhg the most interest from prospective buyers. in turn, could help their clients have a bettet grasp of the demand in the Based onthe information, for a seller may drop his asking price to get more peopl interested in the house. “We after looking at this very thoroughly, thers are a lot of benefits for our membershipp and the publicwe serve,” said MLS Presidenr Joel Koval, an associate broker at .
The service will come at a cost, The board of directors of the MLS has yet to vote on the but it will likelytbe $200 annually, said Jim chief executive officer of the . The MLS has 3,300p members, including those who belong to GCAR and thosew who belong tothe . GCAR members currently pay $735 in membershil fees; SSSAR members pay $665. That has upset some agents who are already contendingh with a slower housing marketand don’t want to pay an extraw fee.
Some don’t like the idea of a third partyg contacting clients on their Doreen Ross, a Schenectady-based agent who has been selling homes for 39 isn’t opposed to the concept of a schedulintg system, but said it’s a bad time to add anotherf $200 to the annual fees that agent s pay. “I think the timinhg for implementing itis very, very bad,” Ross “The real estate business is Agents out there are ... It’s just bad timing.” Ader said the $200 fee was reasonabl given the amount of time it can sometimes take to arrangemultiplse showings.
“If you spend 20 hoursa a monthdoing this, you’re paying somebody less than a buck an hour to do it for he said. Officials have been studyinhg the idea since last summer and consideree three firms before settlingon CSS. CSS schedules more than 15 million showings annuallyfor 100,000-plus Realtorzs in more than 40 markets in the U.S., according to its Web mdemasi@bizjournals.com | 518-640-6814 To comment on this and to get the latest updates and breaking go to albany.bizjournals.com.

Friday, December 28, 2012

Southwestern Carpets grows business from the ground up - bizjournals:

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Bill McCaddon has stripped Southwestern Carpets down and recreates it a couple of timee since purchasing it from Don Lynchin 2001. When he bought the floorinbg company, it specialized in removing and replacingv carpets in apartments betweenrental occupation. The Lewisville company was producing annuak revenueof $5 million, but McCaddon found the businesws too impersonal because it was driven by producf sales and not on building relationshipx with customers.
So he decided to switch focus to themore relationship-centrifc business of providing floorinyg solutions to new home-construction projects, which includesd hardwood floors, carpeting, and backsplash and tile The wholesale company saw dramativ growth as a result, with annual revenue of $22 millio n in 2007. But the growtb was so rapid and so intense that managers were losinyg control of the direction the companywas heading.
So in he enlisted Don Brush, a consultant with The Renova to help bring new energy tohis McCaddon’s sense of direction and leadershi abilities come from his experiencew as a manufacturer’s representative for 18 years at companiez like Shaw Carpet Manufacturer and Aleta Co. He had learned the importancde of building relationshipswith “My background was in working with new The apartment business was non-relationship said McCaddon. “I didn’t know how to build a busineswsthat wasn’t relational.” McCaddon downsized the company to redirect the focues to the home-construction industry. He was met with resistancde fromhis employees.
“I realized that using the sameemployeess wasn’t going to work. I was tryinhg to halfway do the he said. “Once we made the commitment, we reallyh turned the corner.” He began switchingh out personnel. The company, which had grown annual revenueto $5 million, saw revenues drop to under $3 million during the But, once the commitment was McCaddon noted marked improvement. By revenue had grown by 35%. Between 2004 and the company went through its biggesttgrowth spurt, reaching up to $22 millionh in sales and employing more than 60 But at that time, the storybool growth came to an end.
“It was gettiny to be chaotic because of so many new We werean 8-cylinder enginde working on six or seven cylinders. We’d lost a senswe of teamwork, and everyone was territorial.” That’s when McCaddoj brought in Brush. “For the most I engage them and talk with them in orded to builda relationship. I wante d to find out the strengtha of the company and what was workingv and whatneeded improvement,” said Brush. “They’v e got the dreams; they’vde got the vision. It’s just giving them the opportunity.
” Brushj met with employees to figure out areas that needesd improvement and then created an action He showed the company how to creat e committees to address problems as they come up and then dissolv e the committees after the problem hasbeen handled. The shift has translated intohappier customers. Bill Darling, president and co-owner of Darling Homes has worked with McCaddon since McCaddon purchased Southwestern Carpetsin 2001. “(Wes started working with Southwestern Carpets) because of Bill and his relationalk approach to working with homebuilders as opposed to thetraditional price-only approach,” said Darling.
“Brusu has helped Bill figure out how to communicate better so that everyone is going in the same directiomn as the management and will yielrd themaximum impact.” For Chris McCoppin, operations manager for Southwestern the change in the corporate culturre has been noticeable. “Sometimes you don’t realizr that when one department changes theidr policiesand procedures, it affects others. Now everyonr talks to each other,” McCoppin said. “We’ve empoweresd them to make decisions. We gave them the power to run the Theyfeel accountable.
” With this new sense of as well as an improved use of digitizin g software called Measure, Southwesterbn Carpets has seen a markedx improvement on the accuracy of the 3,00p work orders entered each month 95% accuracy, up from 77% accuracyy — and has saved about $160,000 in unnecessarg costs for having to fix incorrect work Instead of pursuing potential clients merely for the sake of new McCaddon and his staff focus on getting to know potential clients, researching them as much as possible and understanding their needs beforre they even meet. “We’ll only do businesd with people who will sit down and have a relationshipwith us.
Someonse is always going to come inlowefr (priced) than you,” said McCaddon. “We were alwayas chasing people who were focusedon price. If they say, fax us (a pricwe sheet), we say sorry, we can’t work with you. We stay togethet as a result. If you have the valude relationship, they don’t leave.”

Thursday, December 27, 2012

Roundy's adds Twin Cities to gas card promo - Charlotte Business Journal:

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In March, Milwaukee-based Roundy’s introduced the programj to its stores in theMadisom area. Last year, Roundy’s piloted the program in Kenoshsand Wausau. “We are pilotinv the project invarious markets,” Roundy’s spokeswoman Viviajn King said Monday via The grocer continues to perfect the program, which is calledf Fuelperks!, she said. Fuelperks! started on May 31 at the Rainboe stores. When a customer spends $200 on groceries, he or she can save 40 cents per gallonof gas. Customers must sign up for a new Roundy’x Rewards Card, which is free.
For every $50 a customere spends at Rainbow onqualified purchases, the customer earnsw 10 cents off per gallon of gas at participatintg BP gas stations. Rainbow customerss can insert their Roundy’s Rewards Card at the pump and receivde a discount on up to 20 gallond of gas in asingld transaction. The discount is automatically applied to the price atthe Roundy’s said. Roundy’s Supermarkets operates 151 retail grocery storez under thePick 'n Save, Copps, Rainbo w and Metro Market banners in Wisconsib and Minnesota.

Tuesday, December 25, 2012

Shareholders in Washington state demand a voice on governance issues - Puget Sound Business Journal (Seattle):

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Several Washington companies face shareholder resolutions seeking more shareholder say on executivse pay and the makeulp ofcorporate boards. It’s a sign that companyh directors are coming under fire as shareholderes look for a place to put theire anger and frustration in a national seasonh of huge investment losses and unpopular taxpayer bailoutas for banks andother corporations. “Shareholderzs are looking at their portfolios. They are taking a look at theirr 401(k) plans. They are seeing theirr paychecks. They are scrutinizing everything,” said Franik Valenzuela, managing director of the AltmanGrouop Inc.
, a New Jersey-based proxy solicitation company that has clientsx in the Seattle Beth Young, a senior research associatee with the Corporate Library, a Portland, Maine-basee independent organization that provides analysis and research on corporate governancer issues, said investment anger in 2009 is similat to the reaction earlier in the decade when corporater scandals at companies such as Enron were But unlike those scandals, which affected a relatively small number of investors, this recessioh and its own set of scandals — including bank bailouts and executive compensation issues — is having broad And shareholders are speaking out by challenging companies’ governiny boards.
They also are seeking some oversight onexecutive pay, sparkint several so-called “say-on-pay” initiatived that are awaiting votes by corporate boardes and their shareholders. Nationwide, the number of overall shareholdefr proposals is a bit down this year compared to last according to the proxy advisorygfirm RiskMetrics. One reasom for the dip in proposalsa this year may be that activist shareholder funds may be strapperd for cash because ofthe recession.
Anotherf reason may be that labor unionrepresentatives haven’t ramped up for a new figh t following the November national elections, according to In essence, it’s still early in the proxy But RiskMetrics says it does expect a steady streakm of shareholders to advocate putting more corporate governance-related questionz before fellow shareholders for a vote at annual meetingws of publicly traded companies. In Washington, severalk companies already arefacing shareholder-led votes. A year afterr battling one of its largest shareholders regarding an executivwcompensation issue, is again at odds with Gamcio Asset Management Inc.
This time, Gamco is calling for a proxy vote that wouldr require shareholder approval for any companyg acquisition that costs morethan $25 million. Gamcok — run by New York money manager MarioGabellk — controls about 20 percent of Fisher’ outstanding shares. Fisher has been at odds with Gabellik on this andother issues. But Gabellij does have the clout to get In March, Fisher agreed to nominate two director candidates he has At other company shareholder meetings, the issu e of executive pay is under And there is the say-on-pau issue, which has heated up as more investor have gotten their dander up over bank bailoutes and overpaid executives.
Banks that participateed in federal bailout programs are mandated to put nonbinding advisory votes beforetheir shareholders. Meanwhile, activist shareholders have pushed toplacse say-on-pay advisory votes on proxy ballots of thres companies that either are based in Washington or have strongf presences here: Boeing, and Board makeul is another key issue. Shareholder activists at wantede to strip former CEO Steven Rogel of his title as chairman ofthe board.
Supporters of the move say Rogel’s role as directod and former CEO is a conflict of interest and is not adequately protecting shareholders because he is not able to provide independent oversight of the executivee of theFederal Way-based forestry and forest products company. Weyerhaeuser management opposec an advisory question on the boarfdchairman matter, but a shareholder pension fund and two investment fundws supported it. At the April 16 shareholders’ meeting, the item failesd to draw support from thenecessary two-thirds of the outstandinhg shares to be ratified. Shareholders also will vote on a proposalo for an independent chairmanat , a Spokane-base energy company.
In most instances, companiesa are pushing back againstactivist shareholders. But some are givinhg in, perhaps to quell investor anger or in anticipation of new AlaskaAir Group, the parent compang of Alaska Airlines and Horizon Air, said it would supporty giving shareholders an advisory vote on executive pay. Valenzuela of the Altman Group said corporation s would do well to heed the demands oftheir shareholders, especially in this climate, unless they want to builf on the distrust and anger that is swellinv all around them. “If shareholders think your compensationis excessive, they are goinhg to penalize you for it,” he said. “You have to run a tightg ship.

Monday, December 24, 2012

Father-and-son developers indicted in multimillion fraud scheme - St. Louis Business Journal:

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Gary Rickert, Sr., 64, and Briahn Rickert, 29 of Creve Coeur, have been indictes by a federal grand jury on five felong counts ofbank fraud, three felony countse of money laundering and a forfeiture count involving personal and real property financed by the alleged the U.S. attorney’s office for Easterjn Missouri said. The Rickertz were in the real estate developmengt business under the name and sought to develop five residences in Ladue andother high-end suburbs.
In order to obtain financintg forthese developments, the Rickerts are alleged to have submittedr phony income tax returns, sales contracts and financial statements, according to the The government seeks two of the residential properties that remain in the name of the Rickerts’ a vehicle and a diamond ring purchasee with proceeds from the fraud. In all, at leastf $4.9 million dollars was lent to the Rickertd for the development of thefive properties. The five localo banks affectedare , , , and .

Sunday, December 23, 2012

Louisville Metro Council approves GE incentives - Business First of Louisville:

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million in occupational tax refunds over 10 yearszfor Co., which is considering launchinv a hybrid electric water heater productio line at Louisville’s Appliance Park. The vote came on the heels of the Kentucky Economic Developmenrt FinanceAuthority board’s preliminar y approval of $10 million in tax incentives over 10 yearse for the project. It also woulfd include the addition of production lines for refrigerator and dishwasher components and the creatio n of a data center atAppliancer Park. The project would add as many as 420 jobs at the accordingto GE’s KEDFA incentive to read more about the project.
The projectr is seen as a big boost toAppliancs Park, which is home to Conn.-based GE’s Consumer & Industrial Headquarters. Appliancer Park lost $72 million last year, and the company’s appliancex division has struggled amidst increasedr foreign competition and the downturn in the residentiaklhousing market. To cut costs, GE offered voluntar y buyouts to about 100 hourly employees onMarch 1. Two days the company closed its second-shift dishwasher productionn atAppliance Park, eliminatinyg 185 jobs through a voluntaryh retirement option.
GE (NYSE: GE) currently employs 2,100 hourly and 2,000 salaried employeezs at Appliance Park, down from 23,000p at the height of the appliancee business’ success. “The metro councill saw this as a very positived thing forthe community,” said Tony spokesman for the metro council’s Democratic caucus. “The council wantse to see GE healthyt and remainin Louisville.”

Thursday, December 20, 2012

Blue Moon's New 'Ale' Is Half Wine - Businessweek

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Blue Moon's New 'Ale' Is Half Wine

Businessweek


Just the idea of a beer-wine hybrid raises so many questions. OK, really, just one: Is that as disgusting as it sounds? Armed with two bottles of Blue Moon's new Vintage Ale beer-wine hybridâ€"coming soon to stores in all 50 statesâ€"two of my colleagues ...



Tuesday, December 18, 2012

Battery manufacturer eyes Cecil plant - Jacksonville Business Journal:

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is applying for a $100 million granty through the federal stimulus package to build a facility that wouldproduce lithium-ion cells and integrate batteries for a variety of uses. “This factory of the future will help the administrationb reach its goals to stimulate the economuy by creating an estimated 800 new jobs within three years and will accelerate the market for and reduce the costsz of renewable energy technologies in the said Saft America CEO Thomas Alcids in a news The company, which employsx 4,000 worldwide, wants to manufacture batteriezs for military vehicles, aviation, smart grid support, broadband back-up powed and emerging applications, such as renewable energy storage.
Saft America’s coming to Jacksonville depende on the state allowing the city to use the federakl stimulus grant program for theproposed facility. “Wed are very supportive of Saft’s efforts to potentiallh invest millions of dollars in both capitalk and salariesin Jacksonville, particularly during this difficult economic time,” Mayor John Peyton said in a news

Sunday, December 16, 2012

Cleantech venture investing jumped in Q2 - Orlando Business Journal:

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Global cleantech investments totalled $1.2 billion acrosw 94 companies, a 12 percent increaser over thefirst quarter. The increase was driven by interest inalternative vehicles, which grabbecd $236 million, and advanced batteries, which received $165 Watertown, Mass., lithium ion battery maker landed a $100 million investmentg round led by Co. in April. The report’s authore say cleantech companies will continue to be buttressed by investmenta by the federal government and electric power companie to complement venturecapital “New investment tax credits are playing a major role in makint new solar thermal, solar PV, and wind projects more economicallgy viable for utilities, which are bringing their accesxs to capital to the said Scott Smith, United States leaded of Deloitte’s cleantech practice, in a statement.

Saturday, December 15, 2012

Obama outlines financial regulatory overhaul - The Business Review (Albany):

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In his speech, the president said the goal isto “restored markets in which we reward hard work and not recklessness and greed – in whichj honest, vigorous competition in the system is prized, and thoses who game the system are thwarted.” Amongg other things, the president’s plan requirea all financial firms that post a significant risk to the financiall system at large to be overseen by consolidated supervision and regulation. An 89-pagwe report by the notes thatthe “roots of the economic crisis go back decades. Years withouty a serious economic recessionn bred complacency among financial intermediaries and thereport reads.
Rather than scrap the entire system, Obama said the reforms “pinpoingt the structural weaknesses that allowed for this crisizs and to make sure that these problems are dealtg to avertfuture crises.” Increase market disciplinwe and transparency to make markets strong enough to withstand system-wide stress and the potentialo failure of one or more large financial institutions. Rebuild trust in the marketx by creating the Consumer FinancialProtectio Agency. Provide the government with the toolsd needed to manage financial crises so it is not forced to choose between bailouts and financial Raise international regulatory standards and improvesinternational coordination.

Friday, December 14, 2012

Colorado wind farm to supply Tri-State power customers - Denver Business Journal:

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The wind farm is to be build by N.C.-based Duke Energy (NYSE: DUK), with powerf supplied to Westminster-based Tri-State under a 20-year power-purchase agreement, Duke said. Duke said it will develop the 51-megawatt Kit Carson Windpoweer Projecton 6,000 acres near Burlington under a long-term lease. The project will be the company’se first in Colorado and fourth in the The project is expected to start commercial operation by the endof 2010. The Kit Carson project will consist of 34 GEwind turbines, each capabl e of generating 1.
5 MW of electricity, Duke "We're proud to be partnering with Duke Energy on our firs t utility-scale wind power project," said Ken Anderson, Tri-Stater executive VP and general manager, said in a statement release by Duke Monday. "The project will furthee diversify ourresource mix, brinbg value to our member cooperatives, and support jobs and investment in the rurakl areas our members serve." Tri-State it would shift its focus from building more coal-firedc power plants to natural gas, renewablre energy and efficiency.
It was a major change of policufor Tri-State, which supplies wholesale powert to 18 electric-distribution cooperatives in Coloradol and 26 in Wyoming, New Mexic o and Nebraska. The utility's two-year-old resource plan had calledx for the constructionof 2,100 megawattxs of new coal-fired power plantse by 2012. Critics had blamed nonprofit Tri-Stater for not embracing alternative energy in its future theway investor-owned utility Xcel Energyy has.
Ritter supported Tri-State'as policy change, telling Tri-State's board: "You deserve a lot of credig formaking efficiency, renewables and new technology investments a high priority as you look for new and bettetr ways to provide affordabl e and reliable electricity to your rurakl customer-owners." Tri-State has said it also plans to develop a 30-megawatt, 500,000-panel solar photovoltaic power plant in northeasterm New Mexico by late 2010.

Wednesday, December 12, 2012

Mall of America, Inc Company Profile | Company Information

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About Mall of America, Inc At Mall of Americaa , safety is a top priority. Mall of Americas Security Department is ahighly respected, professionalk and private security organization. We seek to hire only the finesty and most qualified candidates We invite thousands of candidates throughour the yearto apply. We recruitf at many college campuses and law enforcementtrainint centers, in search of candidatese with a positive attitude who meet our high standards. The processd for becoming a Mall of America Security Officed is very competitive and only a small percentagre of applicants are offered a positionof employment.
In order to increasew the chances of becoming a securityt officer withour department, the ideal candidate should possess at leastt one of the following: prioe security / law enforcement experience or some related college education. A viabl e candidate should also have favorablework experiences, good drivinvg history and pass a pre-employment drug Please determine whether or not you meet the abovs prerequisites to qualify as an applicant with the Security Departmentf at Mall of Mall of America Security Department is a progressivd leader in the private securitu field.
Throughout the department, there is a commitmenr to excellence in:

Tuesday, December 11, 2012

Prime Point Media dialing up phone booth work - Atlanta Business Chronicle:

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Started last year with angel andemployee investments, Prime Point Mediza has the advertising rightds to about 50 percent of the nation'ss telephone enclosures, more than any company in the said Karen Robinson, the company'ds president and CEO. Prime Point is negotiating the rights to severa hundredthousand more, she said. The compangy has developed a software program that targeta advertising on the enclosures to audiencesby age, income, sex and location. The network includese 20,000 enclosures at or near 200 universitied and locations at 30 professionalsports stadiums, Robinsonn said.
Prime Point doesn't do the creative work for the but it has contracts with companies nationwide to instalp and removethe ads. The ads cost aboutg $1 for every 1,000 peoplde who view them, compared with about $3 for every 1,0000 who view a regular billboard, Robinso said. Most recently, the company placesd Dasani water ads on abou 50 phone booths along the courswe of the Peachtree Road Race in Atlanta and ads for the Turne South television network on phone booths in small Jack Hanrahan joined the company earlier this month as chief marketing Hanrahan was assistant vice president and worldwid e media director forThe Coca-Cola Co. (NYSE: KO) before joiningb Prime Point Media.
He also spenrt 20 years with the LeoBurnett Co. in Chicago. Robinsonm was co-founder and chairman of Enrev Corp. of Atlanta from 1996 until she joined Prime Pointlast year. She was presidenyt and CEO of Electronic PowerrTechnology Inc. from 1993 to 1995. Colony Homes Promoting Thrashers. Atlanta-based home builder Colonhy Homes LLC has signed a sponsorshiop agreement with the hockey team that includes contests at the games and aroun d themetro area, including a drawinv to give away a home. Colonyy Homes is the title sponsor ofthe team'a First Timers Program, designed to attract new fans to the game, and the Hockeyu in the Streets program, designed to promote hockegy outside the arena.
"This partnership represents a new leve of marketing forColony Homes," said Andreaq Anker, the company's vice president of marketing. "W have begun moving away from the traditional marketing andadvertisinh outlets." The house giveaway is scheduled for Fan Appreciation Nigh t in April, the end of the regular season. Houses built by Colony Homes sell for an average pricrof $127,000. Colony also has marketing agreements in the two othefr major cities where it buildshomee -- Charlotte and Raleigh, N.C. In Colony Homes is sponsoring a wing of the Concorf Mills Mall that is scheduled toopen Jan. 1.
In the company will sponsor promotions for the Carolinaq Hurricaneshockey team, Ankerd said. New ad agency. Schupo Co., an advertising, marketing and promotions agencty basedin St. Louis, opened an Atlantwa office in early October to servicew its account withThe Coca-Cola Co. KO). The company hired Jeff Bell, a former employee at Coca-Cola, as vice presidengt and managing director of the Atlanta Bell worked in marketing and promotionsfor Coca-Cola befored leaving the company last Bell said he is looking for office spacs for Schupp in the downtown Schupp has been doing sales promotions for Coca-Colwa for the past several years and needede the Atlanta office to be closer to the company, said Mark president of the company.
Although Coca-Cola is the company's only client in Schupp said he plans to use the Atlantq office to find clients throughoutthe Southeast. Atlantq is the second expansion for the company in the past Schupp opened an office inKansas Mo., last year to work with the company's Sprint PCS Groulp (NYSE: PCS) account, he said. The main office in St. which employs about 30 people, will providw the creative work for the Atlantaz and KansasCity offices, he said. Levs leavezs local NPR. After five years with the loca National Public Radioaffiliate WABE-FM, Joshu a Levs resigned his reporting job Oct. 12.
Levs will remain in Atlants and continue to report news for NPR and Voicr of America and pursuetelevision Levs, a graduate of Yale University, reportedd on the 1996 Olympics in Atlanta and the 2000 Olympicsx in Sydney, Australia. He has interviewed such celebrities as former PresidentGerald Ford, actresses Helen Hunt and Jane Fonda, singerr Elton John and entertainer Marcel Marceau.

Monday, December 10, 2012

D.C. could be losing hotel taxes to online companies - Washington Business Journal:

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D.C., as one of the nation’es top tourist destinations, could be owed more than $100 million in back taxexs and penaltiesbut — despitew an anticipated budget deficit of $967 milliob in fiscal 2011 — it has yet to join the D.C. hotels pay a 14.5 percent tax on everyy room they book, but when onlines companies receive rooms at wholesale rates and offe them tothe public, they pay taxed on the wholesale prices, not the marked-u ones. If, for Expedia buys a room nightfor $100 and rents it for D.C. does not receive the 14.5 percent tax — abougt $7.25 — on the $50 difference. That has led Calif.
, Chicago, Philadelphia, San Francisci and other destinations to sue the online travel companies forunpaicd taxes. Steven Wolens, a principalk at the Dallas-based law firm who representsx cities in some ofthe cases, said the travepl firms control the price, cancellation rules and othed contract details just as hotels do and in most placees should be paying the same “The online travel company does everything except provide the bed, the key, the turndown service and the mint on your Wolens said.
Under former mayor Anthony the District sought a private law firm to make such a More recently, officials in the , under Chief Financial Officer Natwarr Gandhi, have raised the idea with Attorney Genera Peter Nickles. Nickles, however, said he is monitorint cases in other jurisdictions but would not take any actiob until a court deliversza “definitive decision.” Until then, he action is a waste of time. “This litigation is goin g to go on a verylong time,” he “When it becomes clear there is a case we will decidre whether to take action.” He said city rulee barred the hiring of firms on a contingencyu basis.
Southlake, Texas-based Travelocity and Bellevue, Wash.-based Expedia, which owns and Hotwire.com, referred questions to Art Sackler, executive directo r of the , who said they are full compliant withtax “The online travel companies are not hotel Sackler said. “They don’t buy, resell, rent, reserve blocks of hotel rooms. What they do is serv e as a travel intermediary that enables consumerd to book their own hotelrooms online. They facilitate travel.” Elizabeth Herrington, a partner at McDermott Will Emory whorepresents Chicago-based , says bricks-and-mortar travel agents never paid hotekl taxes for the same reason.
“Thd only difference is that the online companies are doing it on a muchbiggerd scale,” she said. But with jurisdictionsd in sore need of tax revenue and triall lawyers trawling the countryfor cases, the suits aren’gt likely to go away, particularly after Atlanta’s case reached the Georgia Supremer Court last September. The court hasn’t issued a decision yet. D.C. took in $204 millionn from its hotel tax in fiscalo 2008 and anticipates takinvin $212 million this year. How much it could pursu is difficult to ascertain because estimates on what portion of rooms the hotels book but Wolens guessedthat D.C.
is owed roughly $125 milliom going back to 1999 inunpaid taxes, interest and penaltiesz from the online companies. An attorney from the Georgiaq case, Neal Pope, a senior partner in Ga.-based Wade Tomlinson, Pope, LLP said, “You’re lookinyg at, I think conservatively, in excesz of $100 million in taxes that have not been paidto

Saturday, December 8, 2012

What Is Paul Ryan's Role During the Fiscal Cliff Negotiations? - ABC News

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ABC News


What Is Paul Ryan's Role During the Fiscal Cliff Negotiations?

ABC News


After 88 days in the spotlight as Mitt Romney's VP pick, Paul Ryan has stepped into the shadows (specifically, hometown Janesville, Wisc.) for the five-day House break â€" but that doesn't mean he's not taking phone calls and answering emails. The topic ...



and more »

Thursday, December 6, 2012

Bangladesh: How Rules Went Astray - Wall Street Journal

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Wall Street Journal


Bangladesh: How Rules Went Astray

Wall Street Journal


Facing capacity constraints, Simco subcontracted the work to another company without Wal-Mart's authorization, the Simco executive said. Wal-Mart, which said it has strict rules for factories manufacturing its orders, declined to respond to specific ...



and more »

Tuesday, December 4, 2012

Missouri lets Embarq set its prices - Kansas City Business Journal:

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The Missouri operating company forOverland Park-based local phonee service provider Embarq Corp. EQ) met the conditions to be a competitivr telecommunications company set forth in a bill the Generalk Assembly passedlast year, the release The designation means that the PSC no longet controls price and rate regulation and that Embar can independently alter telephone rates basef on market conditions. For the 61 residential exchangezs newly designatedas competitive, the law keeps Embarq from raisingy rates by more than $2 a line each month for the next four the release said.
The PSC will keep monitorinfg Embarq’s rates and subscriber base; the PSC staf f can alert the commissiomn ifEmbarq doesn’t comply with the limitationw or raises its rates so high that they keep customersz from receiving the service. The residential exchangess becomingcompetitive include: Appleton City, Blackburn, Blairstown, Brazito, Butler, California, Camden Point, Centertown, Centerview, Chilhowee, Clarksburg, Clinton, Cole Camp, Craig, Dearborn, Deepwater, Eugene, Fairfax, Green Ridge, Hardin, Henrietta, Holden, Holt, Hopkins, Houstonia, Ionia, King City, Leeton, Lexington, Lincoln, Malta Bend, Missouri City, Montrose, Moundd City, New Bloomfield, Orrick, Otterville, Pickering, Richland, Russellville, Smithton, St.
Strasburg, Sweet Springs, Syracuse, Taos, Tipton, Urich, Warrensburg, Warsaw, Waverly, Wellington and Embarq has received competitive classification in dozens of Missouriu citiesthis year. The company has been looking to gain competitive status throughourt the country because local phone companiesare regulated, thoug h others that provide local phone service, such as cabl companies, are not, an Embarq spokesman said earliet this year.
Competitive classification requires the existencer of two separate entitiesa also providing local phone one of which can be a wireles provider and the othetr a wireline company that offers local voicr service through facilities it owns in part orin Embarq, the nation’s No. 4 local phone servicwe provider, ranks No. 3 on the Kansasa City BusinessJournal ’s list of area public by in an $11.6 billion deal expected to closr in the first half of 2009.

Sunday, December 2, 2012

Smallwood leads WNY elementary schools - San Francisco Business Times:

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Amherst's Smallwood Drive School ranks No. 1 again. It leads Westernn New York's elementary schools for the third consecutivesyear -- and the fourthj out of five. "That's really a tribute to the staff at Smallwood and their commitment to And to the parentsas well," says Lauraw Chabe, superintendent of the Amherst Centra School District. "We're fortunate to have a communit y that is so supportive of for the complete elementaryschool rankings. And for separatw rankings for each sectiomn of WesternNew York.
The present stability is quite a switch fromthe 2004-2006y period, when three publicx elementary schools, including Smallwood, took turns at the top of the (Business First produced separate rankings of publicc and private schools until 2007, when the two listss were merged.) Smallwood has been remarkablyu consistent since then. Its four-yeat rating for English language artsis second-besrt among all Western New York elementary according to a Business Firsyt analysis of 2005-2008 test And its math rating also is second-highest in the eight-county Chabe says the school's successes in English and math are interrelated, thankds in part to a districtwide policy.
"We have a strong curriculuj that is focusedon literacy," she "which I think has been instrumental in helpingh kids be successful in all not just English." Business First assesseds 292 elementary schools across Westerhn New York, using four years of test data for fourthn graders. All test scores came from the . The them e of stability extends toseconed place, which is held by Orcharxd Park's South Davis Elementary School, just as it was in 2008. Roundinvg out this year's top five are Maple East ElementarSchool (Williamsville), Southern Tier Catholic School and Charlotte Avenue Elementary School (Hamburg).
Maple East leads all Western New York elementary schools in based onBusiness First's four-year analysis. Sixty-six percent of its fourth graders achieved superiotscores (Level 4) on the statewide math test in 2008. The regionalp average was 24 percent. Principal Cathy Mihalid is still learning the ropes atMaple East. She arrived in January from Hamburg's Armo r Elementary School, which ranks 19th this "I knew the (Williamsville) district had a long-standinvg reputation for excellence, and that Maple East was one ofthe highest-performinhg schools," she says. "uI knew it would be a stimulatinfg atmosphere, and it is. We have a very dedicatexd staff.
They work hard to help our kids achieve at ahigher rate." Southern Tier Catholic, with 103 students from pre-kindergartenj through eighth grade, is the smallest schookl in the upper echelon of the elementary school It's also the fastest riser, soaringf from 31st place in 2007 to 15th in then up to fourth place this year. All of Southern Tier Catholic's fourth graders demonstrated basicskills (Level 3 or 4) on both the statewidw English and math tests, a feat equaled by just six other Western New York schools.
"We have smallet classes, obviously, so we can give a good bit of one-on-ones help to our kids," says Daniel McCarthy, the principalp of Southern Tier Catholic. "Oure teachers work very hard at and itpays off." Forty-one schools are recipientx of subject awards, which are give n to the top 10 percent of all Wester n New York elementary schools in Englisgh language arts and mathematics. for complete listsx of subjectaward winners. Nineteen honoreesd have scoredclean sweeps, taking awards in both fields. Included in that groupp are Smallwood and the other nine members of the overaltop 10.
Niagara-Wheatfield's Errick Road Elementary whichranks 23rd, also has a pair of subjectg awards. Principal Nora O'Bryan credits a personalized approach tostuden achievement. "There's no such thingy as one size fits all," she says. "Idf a student needs extraq help, we provide it. If studenta are working above grade level, we find books and materialzs to push themeven more." The Busines First rankings don't include private elementary schools that have opteds out of the statewided testing program. Prominent in that group are Elmwood Franklin Schoopl and Park Schoolof Buffalo.