Thursday, August 9, 2012
Short-time offer makes big difference - Philadelphia Business Journal:
But smaller numbers add up to a painfull loss for hundreds of high school studentswho won’t get to participate in a potentially life-changing experience this There’s still time for companies to step up and make a Improving economic opportunity is the best cure for so much of what ails and internships crack open a door that wouldf otherwise be closed to many inner-city youth with potential.
While not every busines can offeran internship, particularly in this those who don’t lose out on a rewardinvg opportunity to make a big difference in someone’sd life while playing a part in helping the At this writing, the chamber expects to offer less than half of the nearlu 1,500 internships created last It’s partner, the , already has prescreened 1,400 internds and expects to have more read by the deadline next week. Many will be turnexd away. The value of internshipsw is most apparent in the lives theyhave changed. A year ago, Aquinm Houston, a George Washington High Schoopl junior withgood grades, was working at McDonald’s on a tracj to become a supervisor.
He thoughtf he might attend communityg collegeafter graduation, but he had no particula r direction. An internship at changed that. Last summer, Houston worked with the insurer’s manager of work force He has continued to workpart time, helpingt to facilitate the work of the Blue IBC’s volunteer corps. His exposure to an officr environment, which included learning about appropriate attire and working in a opened up anew world. “Whejn I first came there, I wasn’t sure what I was goinfg to do,” he said of IBC. 18, has been acceptefd to , where he expects to majotr in business management inthe fall. “Iu had never been in a skyscraper.
I didn’g know how to tie a tie,” he “The experience, it really helped out with my My résumé really looks good now.” For many including Houston, the program provide a first-time office experience. It openes young eyes to standards that have to be met and goals worthworking toward. The cost of the six-week program is $1,600 for an internm who typically works 20 hours per week and attends professionalo development sessions offsiteon Fridays. In the companies have trained interns to help fill in for employeesw on vacation or carved out specia projects that would benefitthe company.
Oftenh mid-level employees get the opportunitg to supervise or mentoran intern, makint it a learning experience for both. Chambert President and CEO Mark Schweiker describedd internsas “genuinely productive.” He addeds that the structure of the programn was popular with employers and the dropofd this year isn’t for lack of but for lack of New companies to the program this year include Deloitte, Parentse Randolph, and Cephalon. Some participants put up the $1,600 to pay for the internzs to work at nonprofit With a deadline at the end of next there are still more companies in the region that could offerean internship.
Those who can step up can call 215-790-3732w or go to www.greaterphilachamber.com to get the ball
Wednesday, August 8, 2012
Hal Barry: Real estate
“The lending community — totally Barry, chairman of , told the Atlanta chapter of the Real Estat e Investment AdvisoryCouncil Dec. 11. “So, we’re in a Barry said. “We’re in a globalp meltdown in spite of the fact that real estate in my business is not allthat bad. The meltdown has got us shut downrighty now. Barry Real Estate Cos. is in a survivalo mode. Everybody is.
” Barry made the comments upon receivinyg the Hall of Distinction Awardr for decades of excellinhg in the realestate Barry, who pointed out he’es survived worse times than this, said the company would make the right moves to navigater its way out of the “perfecyt storm” that’s hitting commercial real estate. Barry Real Estatre will drop some of itsemployeee base. It is also diversifying its business by developing anew $100 millionj National Archives and Records Administration buildingh in St. Louis. Barry Real Estatee plans to break ground on the awarded by the General Services Administration earlynext year.
“The move to the GSA businesss was a move to hopefully leasesd that we can Barry said. “We see that business as beinbg a critical part of the next threes orfour years.” Barry also said that 50 Allen Plaza the giant skyscraper planner for his downtown Allen Plaza — is drawinyg attention. “Basically, it’s designed out, and we’rew in play with major tenants,” Barry “You all know it. You all know who they are.
In this worlc today, who knows when they are going to makea But, I can tell you this that we have an Barry received the Hall of Distinctiohn Award from last year’ss recipient Steve Selig, president and chairman of the boarf of The honor recognizes the people and commercialp real estate projects that have made the most dramati c impact on metro Atlanta. Previous inductees include Jim chairman and CEOof , and Jim president and CEO of Barry, reflecting on year in the business, said his parentzs had a huge influence on him. His mother gave him the optimis m every developer needs in theworsty times, and his father drovee him to prove all the doubters wrong.
“Step by I had to find out and provew to myself that if I want to do bydarn it, I’m going to make it Barry said. “Well, you know what happened. I founc out I could do it. I developef that confidence. If there is somethingt worthwhile doing, you go after it and make it The bad news isI can’f quit.” SKC Inc. is setting asidwe 61 acres of its Covington plant to be sold and potentially redeveloped with upto 435,00p square feet of stores and at least 75 residentialk units, according to a filing with state SKC launched its plant 11 yeards ago at Highway 142, Interstate 20 and Hazelbrand Road in a an area zonedr for industrial development.
But, a new across the street reflecta how the area has since blossomed withcommerciakl projects. SKC filed plans for the new projecty Dec. 2. Its size means that it would fall under the guidelines ofa “development of regionalo impact.” SKC will have to show statd planners how it plans to deal with the effects the projecf may have on traffic and Shelley Stiebling, planning director with the city of Covington, said SKC wantsx to rezone the property for mixee use and could market it to a The project is slated to be completed by 2011.
“Whayt they propose to do fits in exactly withthe commercial-mixes use development in the area,” Stiebling Sandy Springs marketing firm LLC recentlyg purchased 7820 Roswell Road from for $2 Planet Studio continues to grow, and owninfg its own building gives it the flexibility to said Larnie Higgins, the firm’s president. The 12,000-square-foot former medical office buildingb is at the corner of Morgan Falld andRoswell roads. Ryan vice president with Ackerman & Co.
, and Jeremyu Rosenthall, formerly with Ackerman and nowwith , brokerec the sale for Atlanta
Monday, August 6, 2012
You Can Now Configure Your MacBook Pro Retina In Any Way You Want - Gizmodo
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Sunday, August 5, 2012
PHOTOS: 'Happy Trails' at Groundbreaking Ceremony in Broadneck - Patch.com
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Saturday, August 4, 2012
IRC, FHWA gear up for Materials Conference - Modern Tire Dealer
IRC, FHWA gear up for Materials Conference Modern Tire Dealer FHWA is partnering with the non-profit Industrial Resources Council (IRC) to provide this forum for highway engineers to describe best practices in the use of high volume recycled materials in sustainable pavement systems. รขDOT's and other project ... |
Thursday, August 2, 2012
Overbrook Farm to sell off most of its horses - Pacific Business News (Honolulu):
plans to sell off its Thoroughbred breeding stock and most of its horseesin training, starting at Kenneland’s yearling sale in September. “Overd a period of more than 30 yearz my father developed Overbrook Farm into one of the most successful and respected breeding operations inthe world,” said owner Bill Yount Jr. in a news release. “The decision to disperswe is a personal one that came afterf a great dealof thought.
I simply don’tt have the passion for the thoroughbred spor t that myfather did, despite my respect for the Overbrook champions include 1996 Kentucky Derbu winner Grindstone, 1999 Breeder’s Cup Classi c winner Cat Thief, dual classic winner Tabasco Cat, Preaknesas Stakes winner Timber Country and Belmont Stakes winner Editor’d Note. The dispersal will include abouf200 horses. The farm will continue as a small raciny stable under the directionof Young’s son, Chris Young. “Ou r goal is to lease the farm as aThoroughbrerd operation,” Bill Young said in the release. The yearlingsa will be sold at Keeneland’s September Sale, which begins Sept. 14.
The weanlings, broodmares and horsesa of racing age will be sold during the Novembedr BreedingStock Sale, and the dispersaol will continue during the January Horses of All Ages
Wednesday, August 1, 2012
Duke seeks 12.6% N.C. rate increase - The Business Journal of Milwaukee:
percent in North Carolina, a move that woule add about $11 per month to average residential customer’zs bill. Duke filed the proposed increase Tuesdayy withthe N.C. Utilities The new rates, if approved, would take effect Jan. 1. The rate increased would net Dukeabout $496 million in additional revenuse from ratepayers. Reaction to the proposerd increase cameswiftly Tuesday. Jim executive director of the N.C. Wastee Awareness and Reduction Network, called it “aa slap in the face of its customersa — many of whom are already struggling during this deepprolongedf recession.
” Warren said his organization, a frequenf critic of Duke, would oppose the increase at hearingsd before the utilities commission. Brettr Carter, president of Duke Energy says the utilityknowzs it’s a difficult time to be raising But he says Duke has workefd hard to keep the increase down. He says the calculationz of Duke’s experts justified a larger increase. But Duke proposes takin g a lower return on equity than its estimatescalled for. And it also included no adjustment for inflation in the figures it has submittesd tothe commission. That cut about $150 milliojn from Duke’s overall increase, Carter says.
Without thosw steps, the rate increase would have averagec 17 percentor more. But Duke couldd not avoid an increase altogether, he According to its rate filinbg withthe commission, Duke made an overallp rate of return of just 5.88 percengt in 2008. Under the rates N.C. regulators approved in Duke was allowed to make a rate of returj ofabout 8.5 percent. Carter says current ratee will not allow Duke to coverr itsoperating costs, expand its operation s to provide reliable and environmentally souns service, and give its shareholder s a decent rate of return.
The largest part of the increasee comes from costs toinstall pollution-control equipment on Duke’ s largest coal plants, build and acquire additional plantd and upgrade its transmission and distributionj systems. Duke has spent $4.8 billion on those projectsx in the lastthree years. About $700 million of that representas N.C. customers’ share of the costs so far forthe 825-megawattf expansion of the Cliffside coal plant in Clevelan d and Rutherford counties, Carter Additional costs include scrubbers installecd to remove pollutants from emissions at the largee Allen and Marshall coal plants Duke operates.
Duke has warnex that plant construction and environmental controls will pushup rates. Carte r emphasizes that even withthis increase, Duke will remainm the lowest-cost electric utility in the region and one of the lowest-cosgt in the nation, he Warren says future increasesz could be higher than Duke is particularly as the company turns its attentionm to nuclear energy with its proposef Lee Nuclear Station near Gaffney, S.C. “Our analysis shows that under Duke’s expansion rates will rise dramatically,” he says. “And if nuclear and coal costxscontinue increasing, power bills could easil y double.” He says N.C.
WARN will continuee to press its argument to the commissiomthat Duke’s planned expansions are Duke’s proposed increases vary amonv customer classes. Residential rates would increaseaboutr 13.5 percent. For the average residential that would amountto $11 more per General-service rates for commercial and small-manufacturiny customers would increase 9.8 percent. Industrial customers wouls see the largest Their rates would goup 15.25 percent. That woul d wipe out most of the gainss industrial customers received twoyeard ago. Their rates were cut 15.64 percenyt overall in 2007, the largest cut in that rounsof rate-setting.
But with the increases on the othef classesof customers, he the rates for industrial customers remain in balance, Carter says. Duke intendx to seek rate increases in South Carolina as The utility is likely to submit that request in the next montjor so. Duke has consistently warnec that rates will increase as new plants are built in the The company last proposed a rate hikein 2007, when it soughty a 3.6 percent average increase. But it ended up agreeint to cut average ratesabout 7.5 percengt instead. That turned what woulf have beena $140 millionh increase in revenue to a reduction of more than $280 million. Customerz are unlikely to have the same luckthis time.
In that rate Duke was able to cut the propose d increase in large part because of changes in how Duke was allowee to recover the costs of scrubbere installed on coal plantsz toreduce pollution. The last time Duke got a generap rate increase in NorthCarolina — not connected to fuel which can be adjusted annually — was in 1991.
