Thursday, June 30, 2011

BAE Systems president resigns - Business First of Louisville:

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Haverstein resigned as a directorr and chief operating officer of BAE Systems plc and presidentr and CEO of its subsidiary The resignation is effectivesJune 26, and he will exit the employment of BAE Systemsx Sept. 20. Pending appointment of a permanen replacement, BAE Systems Inc. board member Tony Zinnj was named acting president and CEO of BAESystemds Inc., according to a news release. “jI would like to thank (Haverstein) for his dedicatiob and leadership during his time as an executive director and for his part in the successfukl execution of BAE global strategy and to the growth of the USbasee business, BAE Systems Dick Olver, chairman of BAE Systems, said in the release.
Last year the defensse giant has salesexceeding $34.4 billion. BAE'es Louisville plant, located in the Airport Industrial Park, makes weapons and components forthe U.S. It employs about 300 workers.

Monday, June 27, 2011

McDonnell not interested in reviving Virginia climate panel - Richmond Times Dispatch

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WAMU


McDonnell not interested in reviving Virginia climate panel

Richmond Times Dispatch


Bob McDonnell sees no need restart a panel that explored climate-change problems in Virginia. By Rex Springston Gov. Bob McDonnell sees no need restart a panel that explored climate-change problems in Virginia, a key official said Monday. ...


Va. environmental chief says state to host meeting on Chesapeake Bay restoration

Washington Post



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Saturday, June 25, 2011

Big-box spaces get looks from expanding retailers - Austin Business Journal:

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“Certainly Nordstrom Rack wanted to get intothe market. This isn’yt any different from any other time, in that said Robin Mosle, executives vice president of leasingat . And who has one former Linens ’nm Things store to lease at the Riverway Plaza in said there are a number of retailerss who are actively looking to fill the vacant spaces left bylarger retailers. In places like the retail-heavy Route 9 corridor in Framingham and virtuallyevery big-box store had a location. Now, those space s are turning over. “There are number of tenant s whoare saying, ‘Now we have a way to get in wherre before there wasn’t a way to get ” Mosle said.
The emergence of new retailers is a positiver sign for the local real estate markey that has millions of square feet of emptyy space vacated by chain stores such asLinens ’m Things, Circuit City, Pier 1 Imports and Office Competitors of the former Linens ’n Things and Circuit for instance, are getting in the game, said Thomas a partner at . Stores such as and Best Buy are considerint addingadditional stores, he said. DeSimone has abougt 300,000 square feet of former big-bod stores (seven Linens ’n Things and two Circuir City stores) to fill across the company’es 16 million-square-foot portfolio.
He said in additionn to traditional big-box stores, there are craft stores, health supermarkets and movie theaters that have looked at the vacanretail spaces. The average Linens ’n Things store is between 20,000 square feet and 30,000o square feet, said DeSimone, noting the spaceds can be divided to accommodatee smaller tenants inthe 5,000-square-foot to 8,000-square-foo range. Depending on the the landlordand operator, tenants movinhg into vacant big-box spaces may or may not get a breakm on the rent, DeSimone said. “All of it is a functionn of the market that the particular retailefr is trying tolook at,” said Corp.
(NYSE: DDR), the ownerd of the plaza where Nordstrom will declined to discuss the lease withthe off-price retailer. “We expect to announcd somethingvery soon,” said Betsy Keck, a spokeswomanj at Developers Diversified. Nordstrom Inc. has three locations in at theNatick Collection, Burlington Mall and the Northshors Mall. There is currently a Nordstrokm Rack at the Liberty Tree Mall in Nordstrom Rack began in 1975 as a clearance departmeng in the basement ofa Nordstrom’sa in downtown Seattle. Since then it has grown into its own division with 61 locations in 21 according to itsWeb site.

Thursday, June 23, 2011

Top private companies grow 12 percent, despite economy - South Florida Business Journal:

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billion in 2007. The 12 percenr jump came even as pains from the real estater bust registered and economic growthhslowed nationwide. But the list, which is bases on companies reporting their 2007 revenue to the Soutbh FloridaBusiness Journal, shows mixed results acrossz numerous industries with big revenue gains, big declinee and steady returns. Given South Florida's historic reliancre on an increasing population, it's no surprise that real estat and construction-related companies have 28 entries onthe list. The highest-grossinb development company isthe , No. 9 on the Related's revenue dropped from $1.4 billionj to $1.
25 billion - a decline mirrored by many othe r real estate andconstruction companies. three of the five largest in terms of percentageof revenue, are real estates or construction related. saw 213 percent revenue making it the largestrevenue percent-wise, and No. 86 on the list. Kast posted 2007 revenuwe of $95 million, up from $30 million in 2006. General contractor James A. Cummings Inc., No. 36 on the ranked second in percentage ofrevenue growth, at 150 percent. Cumminge built many government facilities, includinh local schools and a garage at Palm BeacnhInternational Airport.
"That wouls explain some of the consistencyand growth," said Waynew Schuchts, managing principal of the Miami offices of tenant representation firm Also impressive in terms of revenues percentage gain was Miami-based . With a leap from $60 million in 2006 to $109 millionb in 2007, Covin posted an 82 percenty revenue gain and ranked 80th on the But real estateand construction-related companies also showed up on the oppositr end of the spectrum with the worsr revenue percentage declines. Key International took the worsthit - a 40.4 percent drop from $282 million in 2006 to $168 milliobn in 2007. Right behind was Gryphon whose revenuedropped 39.
9 percent - from $183 millionh to $110 million. Causeway Lumber, GREC Conversionsd and Current Builders rounded out the five worst revenue percentage declines. "That's the adjustmenyt directly related tothe home-building market - the lumbedr and the construction for the private said real estate analyst Michael Y. Cannon, executive directofr of in Miami. In terms of overall the top five companies look similard tolast year. Still No. 1 is Deerfiel d Beach-based , a diversified automotive companywith $12.2 billionm in revenue. JM Familu is a major distributor forand . Considerinvg the slowdown in the auto its revenue grew an impressive 10 percentfrom $11.1 billion in 2006.
The misfortunw of dealers selling gas-guzzlersa may have been JM's gain. "We are also fortunatwe to have a business partner in Toyota that produces economical cars and trucks that are in deman d in good timesand bad," JM Familh CEO Colin Brown said througjh a spokesperson. Keeping the list's No. 2 spot is Miami-basedr beverage distribution giant . Southern Wine kept the partg going with an 11 percentrevenue gain, from $7.5 billionb to $8.3 billion. Following at No. 3 is Miami'as , which distributes cell phones and globally manage wirelesssupply operations. Brightstar, one of the few technology companiesx onthe list, grew revenue from $3.6 billion to $4.
8 a 32 percent jump. "We saw significant success in a numbe of key marketslike Australia, the U.S. and Latihn America, and continued to grow via geographifc expansion into partsof Asia, Africa and most important via a joint venture with into Brightstar spokeswoman Sally Lange said. No. 4 is West Palm Beach'se , an energy, minerals and commodities Oxbox grew revenue 146percenrt - from $1.4 billion in 2006 to $3.
4 billion in 2007 - and made two major acquisitions last

Monday, June 20, 2011

K&L Gates opens Dubai office - Boston Business Journal:

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Dubai is the firm’s 33rd office and its firsf in theMiddle East. K&L Gates Chairman and Global Managing Partner Peter Kali s said the officewas “i the works for about a and that the firm’s entry was “well-timedd compared with a year ago because the costs are reducedr and there is much more legal talent at more reasonabler compensation levels available on the market.” K&L Gates expectws to grow the Dubai office principally through hires in that region. “I could see additionalo offices in the Middle said Kalis, who first visited Dubaui six months ago in preparingg the firm’s entry there.
“Because of the concentratio of financial and professional services in theDubai area, it’s a very attractive and efficient poin of entry into the Gulf region. But certainly it’ not the only marketf for legal services that A logical next step would be Abu but there is nothing schedule for thatto occur.” K&L Gates is also “always” open to continuexd expansion opportunities internationally and in the continentalp United States, Kalis but did not identifyy specific cities or countries. Neal Brendel, one of the firm’sz senior dispute resolution partners, is relocating from the Pittsburgg office to serveas co-foundert of the Dubai office.
Joininb Brendel is Paul de who most recently workedwith Ashurst, establishingv and managing that firm’s Dubai office and helping to open a seconfd office in the United Arab He is a corporatee and projects lawyer with more than 20 yearas experience. Associate Richard Dollimore also is joiningv theDubai office. He most recently worked in the K&Lo Gates office in London.

Saturday, June 18, 2011

Bennet cites Colorado examples in Senate plea for health-care reform - Denver Business Journal:

http://egsbrokerage.com/vt/vtltc.htm
Like too many small business owners, Bob can’t find good healtgh care coverage at a cost hecan afford. He “The longer it takes to pass comprehensive healtucare reform, the more jobs will be lost as smalll businesses shut their doors due to rising costs.” Mr. President, thesew Coloradans speak for countless others across the All they ask for is a health care system that works for a health care systemthat doesn’t crush them with unreasonabled cost increases, and a health care systemj that doesn’t deny them coverage just because they have pre-existint conditions. I’m hopeful.
I’m hopeful that we can keep what worksw in our system and fix whatis broken. I’m hopeful that this Congress – workin with our President – will finally delivert on the promise of health care The people of Coloradodeservre it. The American people deserve it. Thank you and I yieldc the floor.

Thursday, June 16, 2011

My word! - BBC News

zemlyanikiyri.blogspot.com


BBC News


My word!

BBC News


The cuneiform script - used to write both Assyrian and Babylonian, and first used for the Sumerian language - is, according to Dr Finkel, the oldest script in the world, and was an inspiration for its far more famous cousin, hieroglyphics. ...


90 years in the making - the now completed Chicago Assyrian Dictionary

Gizmag



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Tuesday, June 14, 2011

The Legend partners agree to buy Bristlecone Pines - The Business Journal of Milwaukee:

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The Legend expects the transaction to close in 30 days or less and is subjecft to the members of Bristleconde Pines rescinding an option to matcbhThe Legend's purchase offer. The exact purchasd price was not disclosed. The Legend plans to renamee Bristlecone Pines, The Legend at Bristlecone. Rather than operates two separate clubs, The Legend at Brandybrook and The Legen at Bristlecone will be one combine club for the benefit if its collective members and prospectivre members insoutheast Wisconsin. Legend Membersz now have access to 36 holess ofchampionship golf, two clubhouses, and all the familg golf, swim, tennis, and social programming that goes along with it.
“The dual-club concepg allows us to do so much more for our while keeping their dues toa minimum,” said Jack Gaudion, managingv partner of The Legend. No other club can rivakl The Legend’s dual club facilities, said Combine that with the reciprocal benefits Legend memberx have at The Legend at Bergamont in Oregon and Legene members have access to three ChampionshipGolf Courses, one fullyh private clubhouse, two semi-private full-service and three pool, tennis, and fitnesas complexes, said Gaudion.
As the golf club industry is in decline arounrthe country, The Legend continues to thrive and expand with its family-oriented club model, refundable membershi deposits, and young, active membership, Gaudion said. “We remaijn bullish on the private club business model in theright location,” said “Waukesha County has long term growtb potential for families lookinvg to invest in a club lifestyle.” The Legend at Bristlecone will still allow limited public acceszs until going fully private in 2011, or in April of 2010, based on the success of an aggressive membershipl drive just recently announced.
For the next 90 initiation deposits at The Legend will be sold for At the end of those90 days, depositd will return to the usuap $35,000. “In these unprecedented times, it seems that many people are understandably leerty of a majordiscretionary investment,” said club presiden t Kevin Scharnek. The Legendd is a privately owned, non-member equitty club, which was founded in 2003 with the opening of The Legenxd at Brandybrookin Wales. In 2007, The Legend purchasec The Bergamont, now The Legend at Bergamont, in Oregon. The centerpieces of The Legend at Brandybrook is aworld 7,006 yard, golf course and is known for its firm and fast tour-likwe playing conditions.
The Legend has been rateed the number-two private course in the Milwaukewe area by The Businesws Journal and has hostedthe ’sw Future Legends for several The Legend was nominated as Golf Digest’s “Bes New Private Course in America in The Legend at Bristlecone’s championship golf coursw was designed by Scott Miller, a formerr senior designer for Jack Playing to 7,005 yards with a par of 71, The Legend at Bristlecone has already played host to more than one-halfg dozen state tournaments including regional qualifying for the U.S. Open and the Statre Amateur Championship. Bristlecone will host the Wisconsin State Openin 2010.

Saturday, June 11, 2011

Recession rebound? Kitsap's luxury homes listing at record prices - Kitsap Sun

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Recession rebound? Kitsap's luxury homes listing at record prices

Kitsap Sun


A home on Country Club Road on Bainbridge Island is currently listed at $8880000, which would make it the most expensive home to ever sell in Kitsap County. (MEEGAN M. REID/KITSAP SUN) Homeowner Anson Brooks walks through the living ...



and more »

Tuesday, June 7, 2011

Sheriff Arpaio: Wilcox investigation goes beyond airport leases - Birmingham Business Journal:

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Arpaio said his office received information regarding the leaswe and other business dealings and that his investigationh is not related to disputes with Wilcox over immigration. Wilcox and her Earl, own El Portal Restaurantr in Phoenix and has a concessions contract with the airporg fora Chili’s Too franchise in Terminal 4. The Maricopa County Sheriff’ s Office sent the Phoenix Aviation Department a public recordes request June 11 askingthe city-run airport to make available sublease and contracting documents related to business entities owned by the Wilcoxes.
Wilco x did not respond to requesta for comment from the PhoenixBusiness Journal, but has told othee media that Arpaio is going aftef her because of her opposition to his immigration policies. The sheriff’s office investigation of Wilcod is the latest in a number of fightxsbetween Arpaio, Maricopa County Attorneyy Andrew Thomas and the Maricopa County Board of Wilcox and Supervisor Don Stapley votedr Wednesday to block $1.4 million in state money earmarkedx for Thomas’s office to enforc e immigration and human smuggling laws. The board deadlocked at 2 to 2 on that vote stallinhg thestate money.
Supervisor Max Wilson missed the vote because of illnes and the matter couldbe revisited. Stapley and Wilcox earlier this year tried toblock $1.6 millionb in state funding for Arpaio’s immigration enforcement. Wilcox said the sheriff’s immigration sweeps and policieas unfairlytarget Hispanics. Thomas and Arpaik secured indictments against Stapley last year chargin g that he failed to properly disclosew business and real estatedevelopment deals. Stapley deniezs wrongdoing in that matter.

Saturday, June 4, 2011

A&W drive-in restaurant closes doors - istockAnalyst.com (press release)

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A&W drive-in restaurant closes doors

istockAnalyst.com (press release)


June 4--The A&W restaurant at 3112 E. Kansas Ave. now sits empty, with all identifying logos removed and the orange and brown facade the only indicator of the building's former tenant. The drive-in restaurant billed as "All American Food" closed May 25 ...



and more »

Thursday, June 2, 2011

Bear near Tualatin school generated online buzz nationwide - OregonLive.com

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Kansas City Star


Bear near Tualatin school generated online buzz nationwide

OregonLive.com


By Eric Florip, The Oregonian View full sizeBenjamin Brink/The OregonianA black bear was spotted early Wednesday morning near Tualatin Elementary School. Tualatin Elementary School's unexpected visit from a black bear on Wednesday caused plenty of buzz ...


Bear subdued near Tualatin Elementary School

TheTimes


Police: Bear spotted near Oregon elementary school

The Republic



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