sucujovide.wordpress.com
WHY POSTPARTUM CARE: I originally was a labor and deliveryt nurse for24 years. At Texas Health Harrisx Southwest, we had which included caring for the patientgthrough labor, delivery, recovery, and In 2007, our unit separated into two LDR (labor, delivery, recovery) and Postpartum. All of my career, I enjoyecd the fast pace of labor and But when the unitwas separated, I chose postpartum because I wantee to spend more time with the mothers aftee they had their babies. I love educating them and watchinvg them care for their new YOUR WORK: I am the managert of the postpartum unit, where I manage 45 employees. Our unit opene d in June 2007. Our mother-baby unit is the best and we love it.
We focu s on both the mom’sa and the baby’s well-being, which includezs a lot of education for the PATIENT CARE: My philosophy is really extremelyt simple. The patient should always come first. I want for everyt mother to have the bestexperiencer possible. So if everybody (staff) treated everhy patient as they would like tobe treated, what a wonderfulp time the patient woulcd have. I truly believe in The Texaa HealthResources Promise, which is “Individualw caring for individuals, together.
”
Sunday, December 30, 2012
Saturday, December 29, 2012
Lingle orders unpaid days off for workers - Puget Sound Business Journal (Seattle):
andreychukuze.blogspot.com
In an address broadcast from theState Capitol, Lingle also said she would scale back free Medicaidc benefits to low-income adults and said the statw would delay paying some of its larger bills until July. The governo is also asking the Judiciary, the and the Office of Hawaiian Affairs to implement equivalentg furlough days or restricrttheir budgets. Hawaii law does not alloq ordering furloughs for the Departmentof Education, the Universitu of Hawaii or the Hawaii Health Systemw Corporation, but Lingle said their spending will be restricted in an amounf equivalent to the three-days-per-month The furloughs, which startg July 1, amount to about a 13.
8 percenft pay cut, or about $5,500 for a worked making $40,000 a year. As with layoffs, Linglr does not have to negotiate the furloughas with any of the unions representing state workers. Lingle has said she doesn’g want to lay off workers becauss of the disruptive effect of contract rules that would enable seniorr workersto “bump” junior workers, even if they worked in differentf state agencies. The furloughs will save $688 million. Linglse said the savings are needef to close a gapof $730 millionm between now and June 30, 2011, as forecasrt by the state’s Counci l on Revenues May 28. All told, Hawaii is expected to see tax revenu e fallby $2.
7 billion over the next two years. “If we do not implemenft the furlough plan, we wouled have to lay off up to 10,000 employeess to realize an equivalent amountof savings,” Lingl said. The state has aboug 46,000 workers, including 21,000 employees of the Departmentof Education. Lingle blamer the fiscal shortfall on the lingering recession, rising unemployment, dropping visitor arrivals, a decline in private buildinyg permits, a doubling of and record bankruptcy The state Legislature ended its sessiob last month by raising tax rates on hotekl rooms, high-income earners, luxuryy home transactions and tobacco to help meet the budge t shortfall.
But Lingle, a Republicahn whose vetoes of those measures were overridde bymajority Democrats, said she would not ask for additional tax She also rejected calls for legalizing However, Lingle noted that 70 percent of state operatinf funds go to labor costs and that the state had providedd employee wage increase of between 16 and 29 percent over the past four yearws “when our economy was thriving.
”
In an address broadcast from theState Capitol, Lingle also said she would scale back free Medicaidc benefits to low-income adults and said the statw would delay paying some of its larger bills until July. The governo is also asking the Judiciary, the and the Office of Hawaiian Affairs to implement equivalentg furlough days or restricrttheir budgets. Hawaii law does not alloq ordering furloughs for the Departmentof Education, the Universitu of Hawaii or the Hawaii Health Systemw Corporation, but Lingle said their spending will be restricted in an amounf equivalent to the three-days-per-month The furloughs, which startg July 1, amount to about a 13.
8 percenft pay cut, or about $5,500 for a worked making $40,000 a year. As with layoffs, Linglr does not have to negotiate the furloughas with any of the unions representing state workers. Lingle has said she doesn’g want to lay off workers becauss of the disruptive effect of contract rules that would enable seniorr workersto “bump” junior workers, even if they worked in differentf state agencies. The furloughs will save $688 million. Linglse said the savings are needef to close a gapof $730 millionm between now and June 30, 2011, as forecasrt by the state’s Counci l on Revenues May 28. All told, Hawaii is expected to see tax revenu e fallby $2.
7 billion over the next two years. “If we do not implemenft the furlough plan, we wouled have to lay off up to 10,000 employeess to realize an equivalent amountof savings,” Lingl said. The state has aboug 46,000 workers, including 21,000 employees of the Departmentof Education. Lingle blamer the fiscal shortfall on the lingering recession, rising unemployment, dropping visitor arrivals, a decline in private buildinyg permits, a doubling of and record bankruptcy The state Legislature ended its sessiob last month by raising tax rates on hotekl rooms, high-income earners, luxuryy home transactions and tobacco to help meet the budge t shortfall.
But Lingle, a Republicahn whose vetoes of those measures were overridde bymajority Democrats, said she would not ask for additional tax She also rejected calls for legalizing However, Lingle noted that 70 percent of state operatinf funds go to labor costs and that the state had providedd employee wage increase of between 16 and 29 percent over the past four yearws “when our economy was thriving.
”
Wednesday, December 26, 2012
Two SH 130 projects revving to go - Austin Business Journal:
bentlyoupapa1810.blogspot.com
After more than a year in the a proposed development agreement for twomassivwe mixed-use developments along State Highway 130 has come back before the Austibn City Council so more than $3 billion worth of constructiomn can start by next The agreement, which would includ e the formation of a public improvemengt district, or PID, would also represent a significant step for the city towarc land use control in parts of the SH 130 corridot that are in the city’s extraterritorial jurisdiction but outside its city The City Council was scheduled to vote on the developmenty agreement after press time on June 18.
Whispe Valley and Indian Hills, both being developed by Taurusw of TexasHoldings LP, would span more than 2,30p0 acres collectively. Whisper Valley is planned for 2,100 acres at the intersection of State Highwa y 130 and the futurre extension ofBraker Lane. It calls for 2,850 single-family units, 5,000 attached units and more than 2 milliom square feet of officeand
After more than a year in the a proposed development agreement for twomassivwe mixed-use developments along State Highway 130 has come back before the Austibn City Council so more than $3 billion worth of constructiomn can start by next The agreement, which would includ e the formation of a public improvemengt district, or PID, would also represent a significant step for the city towarc land use control in parts of the SH 130 corridot that are in the city’s extraterritorial jurisdiction but outside its city The City Council was scheduled to vote on the developmenty agreement after press time on June 18.
Whispe Valley and Indian Hills, both being developed by Taurusw of TexasHoldings LP, would span more than 2,30p0 acres collectively. Whisper Valley is planned for 2,100 acres at the intersection of State Highwa y 130 and the futurre extension ofBraker Lane. It calls for 2,850 single-family units, 5,000 attached units and more than 2 milliom square feet of officeand
Tuesday, December 25, 2012
Office Depot: CEO out, former NFL president in - South Florida Business Journal:
bertayfybuqutyp.blogspot.com
Nelson said over his four years running Office he believes the company has established a stronged platform from which to pursue growtb and meet the needsof "I firmly believe that the company's best yearsw are ahead," he said. Board member and chairman of the finance Neil R. Austrian, is to serve as interimk chairman and CEO whilwe the board conducts a search for apermanentt replacement. The board has hiredx Heidrick & Struggles to help in the Last month, Office Depot said it expects thir d quarter earnings per share to fall and does not expect to recoverd the shortfall in thefourtyh quarter.
Austrian, who is to relocate from Connecticufto Florida, has been a membe of the Office Depot board sincd the 1998 merger between Office Depot and , where he had been a boarsd member since 1988. His business accomplishments include servicde as president and chief operating officer of the from 1991 toDecemberr 1999. At the NFL, Austrian had executive responsibility for all operatingb departments and business entities of the includingNFL Properties, NFL Films, and Before the NFL, from 1987 to Austrian was a managing directod of Dillon, , an investment banking where he was co-head of the leveragedd buyout group.
Before that, Austrian was chairman and CEOof /The , a joingt venture between and . Priot to that, he was CEO at Doyle, Bernbach, an advertising firm. Austrian currently serves the boarddof ( ) and the . He is on the advisoryt board of , a private equith firm. He is to continue as an Officw Depotboard member, but is to relinquisy his committee memberships during his tenure as interimk chairman and CEO. James Heskett, Officer Depot lead director, said the company appreciatesx Nelson's many contributions over the lastfour years.
"Ws are both fortunate and gratifies to have a person ofNeil Austrian's calibe on our board, who can immediately step into the rolex of chairman and CEO of the compangy while we search for a permanent replacemeny for this position," he said. Austrian said he will be workinhg closely with thesearch "I am excited by the potential in Office Depot and intend to do all I can to maximizer that potential," he said. "In particular, I am committes to continuing the strategic direction that we have establishex to grow the business and improvefinancialk performance." Shares closed up 6 cente to $15.14. The 52-week high was $19.50 on April 5. The 52-week low was $13.
60 on Oct. 22.
Nelson said over his four years running Office he believes the company has established a stronged platform from which to pursue growtb and meet the needsof "I firmly believe that the company's best yearsw are ahead," he said. Board member and chairman of the finance Neil R. Austrian, is to serve as interimk chairman and CEO whilwe the board conducts a search for apermanentt replacement. The board has hiredx Heidrick & Struggles to help in the Last month, Office Depot said it expects thir d quarter earnings per share to fall and does not expect to recoverd the shortfall in thefourtyh quarter.
Austrian, who is to relocate from Connecticufto Florida, has been a membe of the Office Depot board sincd the 1998 merger between Office Depot and , where he had been a boarsd member since 1988. His business accomplishments include servicde as president and chief operating officer of the from 1991 toDecemberr 1999. At the NFL, Austrian had executive responsibility for all operatingb departments and business entities of the includingNFL Properties, NFL Films, and Before the NFL, from 1987 to Austrian was a managing directod of Dillon, , an investment banking where he was co-head of the leveragedd buyout group.
Before that, Austrian was chairman and CEOof /The , a joingt venture between and . Priot to that, he was CEO at Doyle, Bernbach, an advertising firm. Austrian currently serves the boarddof ( ) and the . He is on the advisoryt board of , a private equith firm. He is to continue as an Officw Depotboard member, but is to relinquisy his committee memberships during his tenure as interimk chairman and CEO. James Heskett, Officer Depot lead director, said the company appreciatesx Nelson's many contributions over the lastfour years.
"Ws are both fortunate and gratifies to have a person ofNeil Austrian's calibe on our board, who can immediately step into the rolex of chairman and CEO of the compangy while we search for a permanent replacemeny for this position," he said. Austrian said he will be workinhg closely with thesearch "I am excited by the potential in Office Depot and intend to do all I can to maximizer that potential," he said. "In particular, I am committes to continuing the strategic direction that we have establishex to grow the business and improvefinancialk performance." Shares closed up 6 cente to $15.14. The 52-week high was $19.50 on April 5. The 52-week low was $13.
60 on Oct. 22.
Monday, December 24, 2012
Conference Board: 43% of Internet users now in social networks - Los Angeles Business from bizjournals:
jabire2389.blogspot.com
Of web users, 43 percent use a social networking website, up from 27 percenr last year, the nonprofit globall researchgroup said. in its quarterlu Consumer Internet Barometer. The most popular site is Facebook, used by 78 percen t of social network followed byMySpace (42 LinkedIn (17 percent) and (10 percent). The survehy tracks about 10,000 Internet-equipped householdd nationwide. It said seniors age 55 and older are quicklyg increasing their use ofsocial networks, up from 6 percengt last year to 19 percent this Women are more likely than men to use social-network sited (48 percent versus 38 percent).
The majorityu of users log on at The ConferenceBoard said, with a quarter logging on at and 10 percent connectinh through their phone. More than half say they log on at leasr oncea day. ""Online sociao networks are more than just a fad among theyoungerf generation," Lynn Franco, director of The Conference Board Consumer Researc Center, said in a statementy Tuesday. "They've become an integral part of our personap andprofessional lives. They’re an effective way to keep in toucnwith people, connect with friends and family, and networmk with colleagues. "Social media will also transform marketing as weknow it.
They’rer powerful communication tools, and are becominy an essential part of successfulomarketing strategies." The survey said Facebook is equally populart among men and women, while women are more likely than men (47 percent versus 35 percent) to use MySpace and more men than womehn (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twittere say their top reasonsfor "tweeting" are to connect with friendsx (42 percent), update their status (29 percent), look for news (26 and for work-related reasons (22 percent).
Of web users, 43 percent use a social networking website, up from 27 percenr last year, the nonprofit globall researchgroup said. in its quarterlu Consumer Internet Barometer. The most popular site is Facebook, used by 78 percen t of social network followed byMySpace (42 LinkedIn (17 percent) and (10 percent). The survehy tracks about 10,000 Internet-equipped householdd nationwide. It said seniors age 55 and older are quicklyg increasing their use ofsocial networks, up from 6 percengt last year to 19 percent this Women are more likely than men to use social-network sited (48 percent versus 38 percent).
The majorityu of users log on at The ConferenceBoard said, with a quarter logging on at and 10 percent connectinh through their phone. More than half say they log on at leasr oncea day. ""Online sociao networks are more than just a fad among theyoungerf generation," Lynn Franco, director of The Conference Board Consumer Researc Center, said in a statementy Tuesday. "They've become an integral part of our personap andprofessional lives. They’re an effective way to keep in toucnwith people, connect with friends and family, and networmk with colleagues. "Social media will also transform marketing as weknow it.
They’rer powerful communication tools, and are becominy an essential part of successfulomarketing strategies." The survey said Facebook is equally populart among men and women, while women are more likely than men (47 percent versus 35 percent) to use MySpace and more men than womehn (21 percent versus 15 use LinkedIn. Users of the micro-blogging site Twittere say their top reasonsfor "tweeting" are to connect with friendsx (42 percent), update their status (29 percent), look for news (26 and for work-related reasons (22 percent).
Saturday, December 22, 2012
Christmas specials: obscure, common, and weird - Boing Boing
ogarawo.wordpress.com
Boing Boing | Christmas specials: obscure, common, and weird Boing Boing Zack Smith has done a deep roundup of the best in Christmas Specials, "with a number of links to unedited versions of lesser-known specials including an unedited MUPPET FAMILY CHRISTMAS with original commercials, a "Shalom Sesame" from Israel with ... |
Friday, December 21, 2012
Stimulus funds lag health woes - South Florida Business Journal:
xszeyluje.blogspot.com
That’s the view of the eight-member panel of industr and medical experts who were invited by the South Florida Businesds Journal to share their views of whatthe $787 billion federal stimulus package means to the healt care sector. What emergeds was a broad discussion of how stimuluas legislation is just one piece of change needesd in an industry that has run financially amok due to an overreliancwon specialists, shortfalls in information technologty and patients who are undereducated.
The Congressionak Budget Office has projected that total nationakl spending on health care could hit 48 percentr of gross domestic product by 2050 if left To solve this problem will takemore money, in the short term. The Obama administration’sz $59 billion for health care stimuluss spendingincludes $19 billion for electronic health care records. Starting in doctors who can show meaningful use of electronixc medical records will get incentives and thosewho don’t will get declining Medicares payments. But, the old-fashioned general practitionefr may also have abig role.
Linda president of the , said health care reform legislation that coincides with the stimulus calls for individuals to have a home locationj or a primarycare provider. She said that allowa for “a community location closs to home and getting more done in a actually high clinicaltechnology That, in turn, will also translate into a less costly the panelists said. Rachel Sapoznik, CEO of , “The reason I believe in the last 25 yeard of seeing health care costw rise dramatically is we have moved away from the primary care physician knowing the patientto specialists.
” Patients go from specialist to specialisy to get each ailmentt treated, but an overvieww of their condition and family history is George Foyo, executive VP and chief administrative officer at , said: “Piggybacking on primary care is absolutelhy right. All these specialties are adding thousands and thousandszof dollars.” One problem is that specialistsx tend to overdo tests because they are so worriex about legal liability issues, he said. Dr. Tony a family practitioner and president of the Browardd CountyMedical Association, said reimbursement issues for tests done in his officwe also frustrate him.
A hospital mighf get $2,000 for a test from Medicare, but he can only get “I don’t think it’s anything that’s going to work unles s we use somecommon sense,” he Foyo said primary care physiciana historically put an emphasis on health prevention efforts, but the lack of it thesr days is contributing to an epidemic of diabetess and heart issues. Baptist Health, which is well knownj for hospitals in Kendall and is pushing forward with outpatient centers and even venturing into Broward One reason is emergency roomsare full, and providin care there is more costly than at an outpatienr center.
“Rather than have patients cometo us, the hospital are going out to them,” Foyo said. Florida’s 51 nonprofit communituy health centers aregetting $28 millioh in competitive grants undee the stimulus legislation, which will also keep patientws out of expensive hospital settings for House Speaker Nancy Pelosi highlighted that durinhg an April visit to a community health center in Hollywooxd that will get $1.
5 million to open a satellite healthg center in West One of the advantages for these typees of centers is that they are funded with the assumptio that their doors will be open to all who which is important because of the number of uninsureed South Floridians, including undocumented foreigners, Quic k said. Dr. Welby, meet Bill Gates Mark administrative partner at the law firm of in said electronic medical records fall under the categoryof “shovel-ready” projects in the worlfd of stimulus – meaning the technologyy exists and can be adopted rapidly to put moneg in the economy.
That’s the view of the eight-member panel of industr and medical experts who were invited by the South Florida Businesds Journal to share their views of whatthe $787 billion federal stimulus package means to the healt care sector. What emergeds was a broad discussion of how stimuluas legislation is just one piece of change needesd in an industry that has run financially amok due to an overreliancwon specialists, shortfalls in information technologty and patients who are undereducated.
The Congressionak Budget Office has projected that total nationakl spending on health care could hit 48 percentr of gross domestic product by 2050 if left To solve this problem will takemore money, in the short term. The Obama administration’sz $59 billion for health care stimuluss spendingincludes $19 billion for electronic health care records. Starting in doctors who can show meaningful use of electronixc medical records will get incentives and thosewho don’t will get declining Medicares payments. But, the old-fashioned general practitionefr may also have abig role.
Linda president of the , said health care reform legislation that coincides with the stimulus calls for individuals to have a home locationj or a primarycare provider. She said that allowa for “a community location closs to home and getting more done in a actually high clinicaltechnology That, in turn, will also translate into a less costly the panelists said. Rachel Sapoznik, CEO of , “The reason I believe in the last 25 yeard of seeing health care costw rise dramatically is we have moved away from the primary care physician knowing the patientto specialists.
” Patients go from specialist to specialisy to get each ailmentt treated, but an overvieww of their condition and family history is George Foyo, executive VP and chief administrative officer at , said: “Piggybacking on primary care is absolutelhy right. All these specialties are adding thousands and thousandszof dollars.” One problem is that specialistsx tend to overdo tests because they are so worriex about legal liability issues, he said. Dr. Tony a family practitioner and president of the Browardd CountyMedical Association, said reimbursement issues for tests done in his officwe also frustrate him.
A hospital mighf get $2,000 for a test from Medicare, but he can only get “I don’t think it’s anything that’s going to work unles s we use somecommon sense,” he Foyo said primary care physiciana historically put an emphasis on health prevention efforts, but the lack of it thesr days is contributing to an epidemic of diabetess and heart issues. Baptist Health, which is well knownj for hospitals in Kendall and is pushing forward with outpatient centers and even venturing into Broward One reason is emergency roomsare full, and providin care there is more costly than at an outpatienr center.
“Rather than have patients cometo us, the hospital are going out to them,” Foyo said. Florida’s 51 nonprofit communituy health centers aregetting $28 millioh in competitive grants undee the stimulus legislation, which will also keep patientws out of expensive hospital settings for House Speaker Nancy Pelosi highlighted that durinhg an April visit to a community health center in Hollywooxd that will get $1.
5 million to open a satellite healthg center in West One of the advantages for these typees of centers is that they are funded with the assumptio that their doors will be open to all who which is important because of the number of uninsureed South Floridians, including undocumented foreigners, Quic k said. Dr. Welby, meet Bill Gates Mark administrative partner at the law firm of in said electronic medical records fall under the categoryof “shovel-ready” projects in the worlfd of stimulus – meaning the technologyy exists and can be adopted rapidly to put moneg in the economy.
Thursday, December 20, 2012
Washington Convention Center Authority wants city to finance $550M hotel - Charlotte Business Journal:
ogarawo.wordpress.com
On May 29 the convention center’s boarde directed CEO Greg O’Dell to seek authority for the sale of as muchas $750 million in bonds to coved the price of the hotel, interest during insurance and other costs. The city had plannerd to finance about 25 percent of the cost of the hotelo througha $187 million tax increment financing package the passeed in 2006, which would have provided $134 million in constructio n costs. The rest was supposed to come from privatwe debt and equitypartners -- a difficulgt find in the frozenm credit markets. O’Dell said developmentr partners and Capstone Development had been dogged but unsuccessfu in their pursuit of investorsfor months.
“They’ve been pursuinb private financing and in this you know, that is very difficult. They’ve spent millionsw of dollars on this project to try to move it It really is shovel ready with the exceptionof O’Dell said. With the city losing convention business, he building a city-owned hotel was the best He envisions it will still containabour 1,100 rooms and be operated by Marriottg had previously said it would be a Marriottg Marquis. O'Dell began briefing members ofthe D.C. Councilo on the board’s proposal Monday. “Our ultimate goal is to get this projec done and get it started as soon as he said.
In particular there is increased pressurd from National Harbor inPrince George’s County, whicu opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announceed May 18 that the WaltDisney Co. had purchasex land to build a 500-room resort hotel on 15 acres there. Convincing the council to approve that amountgof spending, however, will be a tall task for He had been considerex a top candidate to replace Neil Albertr as deputy mayor for planning and economiv development, but a source close to O'Dell says he was offeredd the job and turned it O’Dell would not confirm that, but indicateed he would remain in his current post.
“Thse board and the mayor have every expectation of me completingt all the tasks I have he said. The convention center authority has an independent boarxd and the ability toissue bonds, but O’Dell said the councikl would need to expand its authority to issue bond for the hotel. The council and D.C. Mayor Adrian Fenty just finished closing a budget gapof $800 millionm for fiscal 2010 and the city faces a gap approachin g $1 billion for fiscal 2011. In D.C.
Chief Financial Officer Natwar Gandhu said he will not support issuing that amounrof debt, which he said would immediatelyh violate a 12 percent cap on city debt as a mark of expenditurews the city created on his recommendation last Gandhi is a member of the convention centefr board and attended the Friday “To be very blunt about it I was very clear in sayinhg to them that if you were to borroew $750 million that would put us way beyond the 12 percent cap we have envisionedr for the city...and I cannoy be a party to that,” Gandho said. The CFO said that he “very much” wantz a hotel for the “but I would not agree to a deallike that.
See we made a commitmengt to Wall Street that we would not borrowe more than 12 percent againstour budget.” who has won accolades for helping the city snag a AAA bond ratinvg on Wall Street, said he has already begun re-emphasizing the importance of the debt cap with members of the “I do not think we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partnerse continue to seek privatefinancing sources. Building a hotelk to accompany the convention center has always been part of the plan for the city but has languishe d from a seriesof complications. Construction on the Waltefr E.
Washington Convention Center, as it was namee in 2007, began in 1998 and openedx fiveyears later. D.C. planned a 1,400-room hotel, but did not controol the needed land. In 2007, the city gainedd final site control after a land swap with developert KingdonGould III. To preventr further delays Mayor Adrian Fenty downsized the project laterthat year, announcing a deal between the Marriott and RLJ Development LLC on a smaller 1,100-room Since then, the development team has also RLJ Development, founded by BET foundert Robert Johnson, was part of the deal Fentyu announced in September 2007 but isn’t any A main driver of the Marriott Senior Vice President Norman Jenkins, left the company late last year to starg Capstone, now a certifiedc business entity that partners with Speaking for the development Jenkins said it was his preference to continu seeking private financing, and said design was entitlements were in place and therew equity partners ready to invest if deb t were available.
Capstones and Quadrangle are separately planning a Courtyard by Marriotg adjacent to the hotel on landthey control. “Wer could still get there, but we got to get the banksd to play and they move at their own he said. Still, he said, “if the city decides to pursue the publif deal we willsupport them.” Jenkins said Johnson’s RLJ, with whicyh Jenkins partnered while at Marriott, pullef out of the deal shortlyh after taking an interest in it.
“Theg studied it hard, spent some resources, but theirt bread and butter is acquisitions and repositioning rather thannew development,” Jenkins Richard Bradley, executive director of the Downtowb Business Improvement District, said it is unfortunatwe that the hotel project ran into the recession but that the city needsx to “bite the bullet” and move the projec forward, citing the opportunity to grow D.C.
as a touris destination, make it a major player in conventions and grow itstax “There’s a whole set of good thingsa about moving this forward,” he
On May 29 the convention center’s boarde directed CEO Greg O’Dell to seek authority for the sale of as muchas $750 million in bonds to coved the price of the hotel, interest during insurance and other costs. The city had plannerd to finance about 25 percent of the cost of the hotelo througha $187 million tax increment financing package the passeed in 2006, which would have provided $134 million in constructio n costs. The rest was supposed to come from privatwe debt and equitypartners -- a difficulgt find in the frozenm credit markets. O’Dell said developmentr partners and Capstone Development had been dogged but unsuccessfu in their pursuit of investorsfor months.
“They’ve been pursuinb private financing and in this you know, that is very difficult. They’ve spent millionsw of dollars on this project to try to move it It really is shovel ready with the exceptionof O’Dell said. With the city losing convention business, he building a city-owned hotel was the best He envisions it will still containabour 1,100 rooms and be operated by Marriottg had previously said it would be a Marriottg Marquis. O'Dell began briefing members ofthe D.C. Councilo on the board’s proposal Monday. “Our ultimate goal is to get this projec done and get it started as soon as he said.
In particular there is increased pressurd from National Harbor inPrince George’s County, whicu opened last year with a price tag of more than $2 Its developer, the Peterson Cos. announceed May 18 that the WaltDisney Co. had purchasex land to build a 500-room resort hotel on 15 acres there. Convincing the council to approve that amountgof spending, however, will be a tall task for He had been considerex a top candidate to replace Neil Albertr as deputy mayor for planning and economiv development, but a source close to O'Dell says he was offeredd the job and turned it O’Dell would not confirm that, but indicateed he would remain in his current post.
“Thse board and the mayor have every expectation of me completingt all the tasks I have he said. The convention center authority has an independent boarxd and the ability toissue bonds, but O’Dell said the councikl would need to expand its authority to issue bond for the hotel. The council and D.C. Mayor Adrian Fenty just finished closing a budget gapof $800 millionm for fiscal 2010 and the city faces a gap approachin g $1 billion for fiscal 2011. In D.C.
Chief Financial Officer Natwar Gandhu said he will not support issuing that amounrof debt, which he said would immediatelyh violate a 12 percent cap on city debt as a mark of expenditurews the city created on his recommendation last Gandhi is a member of the convention centefr board and attended the Friday “To be very blunt about it I was very clear in sayinhg to them that if you were to borroew $750 million that would put us way beyond the 12 percent cap we have envisionedr for the city...and I cannoy be a party to that,” Gandho said. The CFO said that he “very much” wantz a hotel for the “but I would not agree to a deallike that.
See we made a commitmengt to Wall Street that we would not borrowe more than 12 percent againstour budget.” who has won accolades for helping the city snag a AAA bond ratinvg on Wall Street, said he has already begun re-emphasizing the importance of the debt cap with members of the “I do not think we want to take this We should not borrow any more than we are able to he said. He suggested that O’Dell and his partnerse continue to seek privatefinancing sources. Building a hotelk to accompany the convention center has always been part of the plan for the city but has languishe d from a seriesof complications. Construction on the Waltefr E.
Washington Convention Center, as it was namee in 2007, began in 1998 and openedx fiveyears later. D.C. planned a 1,400-room hotel, but did not controol the needed land. In 2007, the city gainedd final site control after a land swap with developert KingdonGould III. To preventr further delays Mayor Adrian Fenty downsized the project laterthat year, announcing a deal between the Marriott and RLJ Development LLC on a smaller 1,100-room Since then, the development team has also RLJ Development, founded by BET foundert Robert Johnson, was part of the deal Fentyu announced in September 2007 but isn’t any A main driver of the Marriott Senior Vice President Norman Jenkins, left the company late last year to starg Capstone, now a certifiedc business entity that partners with Speaking for the development Jenkins said it was his preference to continu seeking private financing, and said design was entitlements were in place and therew equity partners ready to invest if deb t were available.
Capstones and Quadrangle are separately planning a Courtyard by Marriotg adjacent to the hotel on landthey control. “Wer could still get there, but we got to get the banksd to play and they move at their own he said. Still, he said, “if the city decides to pursue the publif deal we willsupport them.” Jenkins said Johnson’s RLJ, with whicyh Jenkins partnered while at Marriott, pullef out of the deal shortlyh after taking an interest in it.
“Theg studied it hard, spent some resources, but theirt bread and butter is acquisitions and repositioning rather thannew development,” Jenkins Richard Bradley, executive director of the Downtowb Business Improvement District, said it is unfortunatwe that the hotel project ran into the recession but that the city needsx to “bite the bullet” and move the projec forward, citing the opportunity to grow D.C.
as a touris destination, make it a major player in conventions and grow itstax “There’s a whole set of good thingsa about moving this forward,” he
Tuesday, December 18, 2012
World Telecom Exchange opens HQ in Tysons - Kansas City Business Journal:
ogarawo.wordpress.com
World Telecom opened a 2,000-square-foot officse recently at 8201 Greensboro Drive, a 361,000-square-foot commerciap building in McLean ownedby D.C.-baseds B.F. Saul and Co. The company, a wholly-owneed subsidiary of Worldwide Telecom Xchange CarrierFZ LLC, a Dubai-based telecommunications investment company focused on aggregatingh wholesale telephony and data traffic in emerginyg markets, is a network services company that provides sales and marketing, billing and outsourced technical supporft services. To start, about six employees will be basedd at the new headquarters with room forfurthed expansion.
World Telecom’s services include call satellite services, Voice over Internet Protocol (VoIP), TDM code division multiple accesse (CDMA), WiMax and network management outsourcing. “WTXC’s success illustratexs that our region remain s a great place to start and growa business,” said Mike a vice president at Rockville-basecd Scheer Partners Inc., who brokeredc the lease. “And the commercial real estate marker is yielding opportunities for business ownersthat haven’t existes since the early part of the decade.
” Scheefr Partners broker Ben Heller, who also worked on the added that the company “evaluated a handful of locationes in McLean and Vienna... decidint on 8201 Greensboro Drive forsevera reasons,” that included its location, “aw very fair market deal” and other appealinhg terms such as a “good cure perioc on defaults.”
World Telecom opened a 2,000-square-foot officse recently at 8201 Greensboro Drive, a 361,000-square-foot commerciap building in McLean ownedby D.C.-baseds B.F. Saul and Co. The company, a wholly-owneed subsidiary of Worldwide Telecom Xchange CarrierFZ LLC, a Dubai-based telecommunications investment company focused on aggregatingh wholesale telephony and data traffic in emerginyg markets, is a network services company that provides sales and marketing, billing and outsourced technical supporft services. To start, about six employees will be basedd at the new headquarters with room forfurthed expansion.
World Telecom’s services include call satellite services, Voice over Internet Protocol (VoIP), TDM code division multiple accesse (CDMA), WiMax and network management outsourcing. “WTXC’s success illustratexs that our region remain s a great place to start and growa business,” said Mike a vice president at Rockville-basecd Scheer Partners Inc., who brokeredc the lease. “And the commercial real estate marker is yielding opportunities for business ownersthat haven’t existes since the early part of the decade.
” Scheefr Partners broker Ben Heller, who also worked on the added that the company “evaluated a handful of locationes in McLean and Vienna... decidint on 8201 Greensboro Drive forsevera reasons,” that included its location, “aw very fair market deal” and other appealinhg terms such as a “good cure perioc on defaults.”
Monday, December 17, 2012
Blurb hires boss for new Europe HQ - Silicon Valley / San Jose Business Journal:
sucujovide.wordpress.com
The San Francisco founded in 2004, hired Wisler as General Manager of Blurb Blurb started business in 2006 and begab working with a European printer inJuly 2007. "We have been doing business internationally for some time said CEO and founderEileen Gittins, "we have a tremendouws opportunity in Europe." Customers can downloadf Blurb's BookSmart software to createe their own books; printing costs start at $12.95 and increas e with the size of the book. The company printede 90,000 titles in 2007. Wislerd joins Blurb after workinb as European Director of KodakGallery (formerly and as a strategist for . "Joining Blurb is an awesome opportunitty ...
I'm excited to introduce Blurb to a broadefrEuropean audience," he said. In 2007, international salee accounted for 17 percent ofthe company'z revenue, up from 2.5 percent. Blurg took in $10 million in 2007. The company broughr in $14 million in two rounds of venturee funding between April 2005 and August with anadditional $2.5 million of debt financingt in 2007. Major investors include and . Laterd this year, Blurb will introduce Blurb Business-to-Businesds (B3) internationally, which it said will give businessess greater color control and soft proofingof images.
The San Francisco founded in 2004, hired Wisler as General Manager of Blurb Blurb started business in 2006 and begab working with a European printer inJuly 2007. "We have been doing business internationally for some time said CEO and founderEileen Gittins, "we have a tremendouws opportunity in Europe." Customers can downloadf Blurb's BookSmart software to createe their own books; printing costs start at $12.95 and increas e with the size of the book. The company printede 90,000 titles in 2007. Wislerd joins Blurb after workinb as European Director of KodakGallery (formerly and as a strategist for . "Joining Blurb is an awesome opportunitty ...
I'm excited to introduce Blurb to a broadefrEuropean audience," he said. In 2007, international salee accounted for 17 percent ofthe company'z revenue, up from 2.5 percent. Blurg took in $10 million in 2007. The company broughr in $14 million in two rounds of venturee funding between April 2005 and August with anadditional $2.5 million of debt financingt in 2007. Major investors include and . Laterd this year, Blurb will introduce Blurb Business-to-Businesds (B3) internationally, which it said will give businessess greater color control and soft proofingof images.
Sunday, December 16, 2012
Phoenix attorney Kaites, former Expos, Nationals president part of Reinsdorf bid for Coyotes - Boston Business Journal:
sucujovide.wordpress.com
Reinsdorf, who owns the Chicago Bullzs andWhite Sox, is the lead name on the $148 million offee for the team, which is in Chapter 11 bankruptcg reorganization. Canadian billionaire Jim Balsillire earlier madea $213 million offer to buy the hockey team and move it to Ontario. Reinsdorf put in his bid Fridaty alongwith Kaites. Bankruptcy court filings say CEO ofNew York-based Sports Properties Acquisition will join the Kaites is an attorney with LLC in Phoeni and a principal with the Phoenix-based lobbying firm .
The firm countsx Reinsdorf, the Gila River Indian Community, Magellan Healthn Services and the Professionap Firefighters of Arizona union amongits clients, according to the Arizonsa Secretary of State’s Office. Kaites served as a prosecutore in MaricopaCounty Attorney’s office beford unsuccessfully running for state attorney general in 1998. He also servecd in the Arizona Legislature and worked as a weathermahnon KPNX-TV Channel 12. Kaitew has been a political allyof U.S. Sen. John McCain, serving on his 2008 Arizonas presidential campaign leadership teamin Arizona. Tavares served as presidentr of the Montreal Expos during the time when the baseball team relocate toWashington D.
C. and became the
Reinsdorf, who owns the Chicago Bullzs andWhite Sox, is the lead name on the $148 million offee for the team, which is in Chapter 11 bankruptcg reorganization. Canadian billionaire Jim Balsillire earlier madea $213 million offer to buy the hockey team and move it to Ontario. Reinsdorf put in his bid Fridaty alongwith Kaites. Bankruptcy court filings say CEO ofNew York-based Sports Properties Acquisition will join the Kaites is an attorney with LLC in Phoeni and a principal with the Phoenix-based lobbying firm .
The firm countsx Reinsdorf, the Gila River Indian Community, Magellan Healthn Services and the Professionap Firefighters of Arizona union amongits clients, according to the Arizonsa Secretary of State’s Office. Kaites served as a prosecutore in MaricopaCounty Attorney’s office beford unsuccessfully running for state attorney general in 1998. He also servecd in the Arizona Legislature and worked as a weathermahnon KPNX-TV Channel 12. Kaitew has been a political allyof U.S. Sen. John McCain, serving on his 2008 Arizonas presidential campaign leadership teamin Arizona. Tavares served as presidentr of the Montreal Expos during the time when the baseball team relocate toWashington D.
C. and became the
Friday, December 14, 2012
Skiing to a Remote Retreat in the Canadian Rockies - New York Times
ogarawo.wordpress.com
New York Times | Skiing to a Remote Retreat in the Canadian Rockies New York Times IN a secluded valley deep in the Canadian Rockies, miles from any road and even farther from the nearest chairlift, sits a luxurious cabin. Inside there's a sauna, a crackling fire and two chefs laboring in a fully stocked kitchen; outside, trackless ... |
Thursday, December 13, 2012
McDermott shown 'Mercy' - Variety
sucujovide.wordpress.com
McDermott shown 'Mercy' Variety After getting praise for his work on the first season of "American Horror Story," Dylan McDermott is returning to the genre with a role in the fantasy horror project "Mercy" for Universal Pictures and Blumhouse Productions. Pic is based on a Stephen ... |
Wednesday, December 12, 2012
Winning case - San Francisco Business Times:
ogarawo.wordpress.com
Last year the U.S. Supreme Court rulecd that states mustallow out-of-state wineries to ship directly to consumers and retailers if in-state winerie are permitted to do so. That has led a number of statesz to relaxrestrictions -- including huge ones like New York and Texads -- opening up new markets for directf shipping by Northern California producers. "We're seeing the biggest changee in the wine industry since Prohibition as a result of that saidKathleen Schumacher-Hoertkorn, CEO of the Napa-basedx wine shipping specialist.
It expects to ship wine wortjh morethan $110 million this almost twice last year's total of $60 The Supreme Court ruling made both the generap public and Northern Californiq wineries more aware of the option of shipping wine she said. "We're seeing 100 percent growth, and our customersw are averaging 40percent growth," due to the opening up of many new stat e markets and greater awareness of the availabilityt of California wines nationally.
New Vine provides a numberr ofrelated services, such as direct channe l marketing and complete fulfillment services, including dealin g with sales and excise taxes, permits, shipmentt reports, and volume and customer-agde reporting requirements, along with dealing with other domestic compliancd issues. Even after the ruling, the U.S. picture is stilll a crazy quiltof regulations, said Schumacher-Hoertkorn, whosde 5-year-old company now ships to 45 "If you shipped to every possibls state directly, that (would filing 598 reports" annually that are requireds by regulators. "And next year, it will be at leas t 614." That complexity worka in New Vine's favor.
The privately held company is positioningy itself to serve wineriesthat aren'tg large enough to face those kind of daunting logistics themselves or that choose to outsourcre this end of the business. It's invested $20 million in software and $10 million on a 130,000-square-foot warehouse in American Canyon, where it temporarily stores wines from dozens ofCaliforni wineries. Its own annual revenure is morethan $10 million, although officials declined to be more Investors in New Vine include Menlo Park'sw and Los Altos-based Clients include cult winerie like Araujo Estate Wines, Paul Hobbs Winery and Hanzell Vineyards, Schumacher-Hoertkorn said.
New Vine has 137 winerhy clients, most of them in Northern California and many of them cult winerieswith high-pricer wines and demanding clienteles. Within the United shipments can go direct to retailerasor consumers, in states that allow such shipments. Rob Fisher, a partner in family-owned in Santa said the winery has been usin New Vine sinceearly 2005, both to ensure full compliance with all statse and federal requirements and to improve speed and efficiency. "It'ss working very well," Fisher said, especially when dealing with comples data requirements in New York and where many ofthe winery'xs customers are located.
"They're really a leader in what they'rw doing," said Fisher, whose winery producesw about 5,000 cases per year of high-end Bordeaux varietala and chardonnay, in the $50 to $125 per bottld range. "The beauty of what they'red offering is that it's the whole package." Other clientd include several publicly held companieethat don't want their names used, and variou wineries' wine clubs and tasting rooms. And customers such as Clos du , Dry Creei Vineyard, J Vineyards Winery, and a variety of up-and-coming boutique wineries generally want the focus ontheird products, not their shipping and fulfillment partner.
"It's part of our job to remaim inthe background," said "That's part of our value added."
Last year the U.S. Supreme Court rulecd that states mustallow out-of-state wineries to ship directly to consumers and retailers if in-state winerie are permitted to do so. That has led a number of statesz to relaxrestrictions -- including huge ones like New York and Texads -- opening up new markets for directf shipping by Northern California producers. "We're seeing the biggest changee in the wine industry since Prohibition as a result of that saidKathleen Schumacher-Hoertkorn, CEO of the Napa-basedx wine shipping specialist.
It expects to ship wine wortjh morethan $110 million this almost twice last year's total of $60 The Supreme Court ruling made both the generap public and Northern Californiq wineries more aware of the option of shipping wine she said. "We're seeing 100 percent growth, and our customersw are averaging 40percent growth," due to the opening up of many new stat e markets and greater awareness of the availabilityt of California wines nationally.
New Vine provides a numberr ofrelated services, such as direct channe l marketing and complete fulfillment services, including dealin g with sales and excise taxes, permits, shipmentt reports, and volume and customer-agde reporting requirements, along with dealing with other domestic compliancd issues. Even after the ruling, the U.S. picture is stilll a crazy quiltof regulations, said Schumacher-Hoertkorn, whosde 5-year-old company now ships to 45 "If you shipped to every possibls state directly, that (would filing 598 reports" annually that are requireds by regulators. "And next year, it will be at leas t 614." That complexity worka in New Vine's favor.
The privately held company is positioningy itself to serve wineriesthat aren'tg large enough to face those kind of daunting logistics themselves or that choose to outsourcre this end of the business. It's invested $20 million in software and $10 million on a 130,000-square-foot warehouse in American Canyon, where it temporarily stores wines from dozens ofCaliforni wineries. Its own annual revenure is morethan $10 million, although officials declined to be more Investors in New Vine include Menlo Park'sw and Los Altos-based Clients include cult winerie like Araujo Estate Wines, Paul Hobbs Winery and Hanzell Vineyards, Schumacher-Hoertkorn said.
New Vine has 137 winerhy clients, most of them in Northern California and many of them cult winerieswith high-pricer wines and demanding clienteles. Within the United shipments can go direct to retailerasor consumers, in states that allow such shipments. Rob Fisher, a partner in family-owned in Santa said the winery has been usin New Vine sinceearly 2005, both to ensure full compliance with all statse and federal requirements and to improve speed and efficiency. "It'ss working very well," Fisher said, especially when dealing with comples data requirements in New York and where many ofthe winery'xs customers are located.
"They're really a leader in what they'rw doing," said Fisher, whose winery producesw about 5,000 cases per year of high-end Bordeaux varietala and chardonnay, in the $50 to $125 per bottld range. "The beauty of what they'red offering is that it's the whole package." Other clientd include several publicly held companieethat don't want their names used, and variou wineries' wine clubs and tasting rooms. And customers such as Clos du , Dry Creei Vineyard, J Vineyards Winery, and a variety of up-and-coming boutique wineries generally want the focus ontheird products, not their shipping and fulfillment partner.
"It's part of our job to remaim inthe background," said "That's part of our value added."
Monday, December 10, 2012
Sunday, December 9, 2012
New Aquatech division builds on water treatment work - Pittsburgh Business Times:
sucujovide.wordpress.com
Aquatech supplies industrial water and wastewateer treatment systemsand services. Its ARIES divisiom will take on engineering work from other companies and provide softwarw designand consultation. "Everyone is lookinbg for engineers," said Briabn Trossman, manager of businessd developmentfor ARIES. "We were lookinv at our core competencies and thoughty we could generate a new stream of Trossmansaid ARIES, which stands for Aquatech robust integrated engineering services, should be able to pick up work from engineeringf firms that are struggling to fill theie engineer ranks or looking to speed up thei processes. Aquatech had revenue of about $150 millioh in 2007.
Trossman expects ARIEe to account for 20 percentof Aquatech'd business by 2012. Trossman said revenue from the company's core businesas continues to grow, but ARIES will help accelerated totalrevenue growth. Aquatech began forminb ARIES last fall but recently finalized its structureand First, the division provides outsourced engineering wherein the company's subsidiary office in India, can pick up design and draftingt work from U.S. firms. "W e do it at off-shore which are about half of U.S. rates, depending on the type of Trossman said.
Second, ARIES creates customj software for companies that continually designm the same pieceof equipment, such as a pump or conveyo r belt. The software, which is basedx on software Aquatech creates for its internal useyears ago, lets companies entedr product data and parameters and quickl y generate fabrication drawings. Third, ARIES will help clientse install and customize a line of software called SmartPlangt madeby Atlanta-based Given the demanrd for engineers, outsourced services may be attractive to some companies, particularlhy those with large amounts of design and drafting work, said Dave president and CEO of , based in Washington's However, Moniot said his process engineerinb company isn't interested in that option.
"I'm not a big fan of outsourciny any intellectual capitallike that," Monioft said. "I'd rather invest in the people here, and if that meansx I have to pay more and adjustg salaries twicea year, I'll adjus t salaries twice a year." The markef for digital tools in the engineerinbg and manufacturing industries, particularly the compledx systems that manage lots of data across an organization, is said Jim Phelan, spokesman for Texas-based .
The market for simplefr systems, such as product design software, is more saturated, Phelan said, and thus growinv at a slower "It's a huge market and still generatess a lot of revenu e through additional salesand maintenance, but that aspecf is growing more slowly," he
Aquatech supplies industrial water and wastewateer treatment systemsand services. Its ARIES divisiom will take on engineering work from other companies and provide softwarw designand consultation. "Everyone is lookinbg for engineers," said Briabn Trossman, manager of businessd developmentfor ARIES. "We were lookinv at our core competencies and thoughty we could generate a new stream of Trossmansaid ARIES, which stands for Aquatech robust integrated engineering services, should be able to pick up work from engineeringf firms that are struggling to fill theie engineer ranks or looking to speed up thei processes. Aquatech had revenue of about $150 millioh in 2007.
Trossman expects ARIEe to account for 20 percentof Aquatech'd business by 2012. Trossman said revenue from the company's core businesas continues to grow, but ARIES will help accelerated totalrevenue growth. Aquatech began forminb ARIES last fall but recently finalized its structureand First, the division provides outsourced engineering wherein the company's subsidiary office in India, can pick up design and draftingt work from U.S. firms. "W e do it at off-shore which are about half of U.S. rates, depending on the type of Trossman said.
Second, ARIES creates customj software for companies that continually designm the same pieceof equipment, such as a pump or conveyo r belt. The software, which is basedx on software Aquatech creates for its internal useyears ago, lets companies entedr product data and parameters and quickl y generate fabrication drawings. Third, ARIES will help clientse install and customize a line of software called SmartPlangt madeby Atlanta-based Given the demanrd for engineers, outsourced services may be attractive to some companies, particularlhy those with large amounts of design and drafting work, said Dave president and CEO of , based in Washington's However, Moniot said his process engineerinb company isn't interested in that option.
"I'm not a big fan of outsourciny any intellectual capitallike that," Monioft said. "I'd rather invest in the people here, and if that meansx I have to pay more and adjustg salaries twicea year, I'll adjus t salaries twice a year." The markef for digital tools in the engineerinbg and manufacturing industries, particularly the compledx systems that manage lots of data across an organization, is said Jim Phelan, spokesman for Texas-based .
The market for simplefr systems, such as product design software, is more saturated, Phelan said, and thus growinv at a slower "It's a huge market and still generatess a lot of revenu e through additional salesand maintenance, but that aspecf is growing more slowly," he
Saturday, December 8, 2012
Cousins Chairman Tom Bell retiring - Wichita Business Journal:
ogarawo.wordpress.com
Gellerstedt will remain president, the Atlanta-based real estate investment trustf said. Bell, who turns 60 this year, becamse Cousins CEO in January 2002 and chairmanm inDecember 2006. Under his the company sold nearly $3 billion in assete during the market’s peak for specia dividends totaling $12.62 a share. “There is neveer a perfect time to leave a company as respected and admiresdas Cousins, but I’m confident that afte r seven and a half years as chief executive, the companhy is ready for new leadership and renewed energy,” Bell said in a “My decision to step aside now allows our extremelt talented management team under the guidance of Larrt to make important decisions that will prepar e Cousins for the next phase of the real estat e cycle.
” Bell remains deeplgy involved in Atlanta’s civic life. He has been instrumentapl in the effort to save from financial The movement began over dinner in early 2007 when the tables conversationof A.D. Correll, former CEO of , and Bell turned to Through their leadership and donationsfrom , ’s $5 million, and . "o thought he had big shoes to fill when he took since he was replacing Tom saidHal Barry, founder of Barry Real Estate Cos. "Sinc e then, he's done an absolutely fantastic job forthat company. And what he'sw done for the city and metro Atlanta have just been overthe top.
I hope he doesn' t give up some of his effort that have meant so much to theAtlantaa community. I just admire the heck out of Gellerstedt, 53, came to Cousins CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairman and chief executive officer of the from 1986to 1998. In 1998, aftedr the sale of Beers to , he was electefd chairman and CEOof , a packaging and printed office products company. In 2000, Gellerstedtg became president and chief operating officerof , an urbamn mixed-use development company. He went on to found The Gellersted t Groupin 2003. In othee company news, Cousins’ board of directorws named S.
Taylor Glover non-executives chairman of the board. Glover joined the Cousins board inFebruaruy 2005. He is currently the president and chieft executive officerof
Gellerstedt will remain president, the Atlanta-based real estate investment trustf said. Bell, who turns 60 this year, becamse Cousins CEO in January 2002 and chairmanm inDecember 2006. Under his the company sold nearly $3 billion in assete during the market’s peak for specia dividends totaling $12.62 a share. “There is neveer a perfect time to leave a company as respected and admiresdas Cousins, but I’m confident that afte r seven and a half years as chief executive, the companhy is ready for new leadership and renewed energy,” Bell said in a “My decision to step aside now allows our extremelt talented management team under the guidance of Larrt to make important decisions that will prepar e Cousins for the next phase of the real estat e cycle.
” Bell remains deeplgy involved in Atlanta’s civic life. He has been instrumentapl in the effort to save from financial The movement began over dinner in early 2007 when the tables conversationof A.D. Correll, former CEO of , and Bell turned to Through their leadership and donationsfrom , ’s $5 million, and . "o thought he had big shoes to fill when he took since he was replacing Tom saidHal Barry, founder of Barry Real Estate Cos. "Sinc e then, he's done an absolutely fantastic job forthat company. And what he'sw done for the city and metro Atlanta have just been overthe top.
I hope he doesn' t give up some of his effort that have meant so much to theAtlantaa community. I just admire the heck out of Gellerstedt, 53, came to Cousins CUZ) when the REIT bought his , in June 2005. Gellerstedt served as chairman and chief executive officer of the from 1986to 1998. In 1998, aftedr the sale of Beers to , he was electefd chairman and CEOof , a packaging and printed office products company. In 2000, Gellerstedtg became president and chief operating officerof , an urbamn mixed-use development company. He went on to found The Gellersted t Groupin 2003. In othee company news, Cousins’ board of directorws named S.
Taylor Glover non-executives chairman of the board. Glover joined the Cousins board inFebruaruy 2005. He is currently the president and chieft executive officerof
Thursday, December 6, 2012
DHL moving sorting operations to Cincinnati - Business Courier of Cincinnati:
sunrise-invoices.blogspot.com
Jonathan Baker, a spokesman for the German-ownedf parcel delivery service, said the move back to the Cincinnati area will mean the creationh of about180 full-time and 646 part-timer jobs in the region. DHL employs 350 hourly workerd and 130 management and professional staff at the Wilmington Air where thousands of jobs have disappeared as the company scale d back its services with cargo carriet Baker said all DHL employees in the southwest Ohio city will be offeredx positions at theexpanded Cincinnati-area The company also plans to offer jobs to current and forme ABX employees, more than 3,200o who have lost their jobs in the past severa l months.
The latest wave of cuts for ABX, file with the Thursday, will cost 518 jobs and end byMay 15. As many as 8,000 jobs are expected to disappeadwith DHL’s exit from the Clintobn County community. Gov. Ted Strickland in a joinft statement with other Ohio officials on Fridaycallex DHL’s announcement “another unfortunate blow to the peoples of southwest Ohio.” Baket said the transition from the Wilmingtob Air Park to Cincinnati should be completed by mid- to late For Wilmington, that will mean a phased-in draw down of At DHL’s existing facility in Erlanger, Ky., the companyh employs about 200 back-office employees, Baketr said.
The company moved most its operationa out of Erlanger when it acquired Airborne Express in 2003 and consolidatex its sorting hubwith Airborne’xs hub in Wilmington. At the same time, it spun off Airborne’ws air cargo operations into ABX, which has since then operatef the Wilmington hub for DHLundert contract. DHL announced last year that it was quitting its loss-making domestic U.S. parcel delivery businesss to concentrate on internationalparcel deliveries. It will handle internationaol parcel shipments into and out of theUnitefd States, but it will no longer handle domestiv shipments within the country.
Baker said ABX and Astar Air Cargko Holdings, another company that operates in continue to run cargo shipments on domestic legs for parcelz that come in throughinternationapl airlines. Those contracts, which run through August 2010 andDecember respectively, won’t be affected by the move to Cincinnati, he ABX in a release Friday said when DHL is phased out of Wilmingtonm later this year, its flights under an air transport service accord with DHL will begin operating out of the Cincinnati DHL was granted a nearly $2 millionn incentive package about a month ago from the Kentuckh Economic Development Finance Authorit Board for the expansion, which wouldf entail an estimated $13 million equipmentg investment.
The company at the time was lookinfg at a variety of alternativesd in addition to the northern Kentucky site. That effort came after negotiations to shift the workto UPS’zs hub in Louisville, DHL’s initial fell through.
Jonathan Baker, a spokesman for the German-ownedf parcel delivery service, said the move back to the Cincinnati area will mean the creationh of about180 full-time and 646 part-timer jobs in the region. DHL employs 350 hourly workerd and 130 management and professional staff at the Wilmington Air where thousands of jobs have disappeared as the company scale d back its services with cargo carriet Baker said all DHL employees in the southwest Ohio city will be offeredx positions at theexpanded Cincinnati-area The company also plans to offer jobs to current and forme ABX employees, more than 3,200o who have lost their jobs in the past severa l months.
The latest wave of cuts for ABX, file with the Thursday, will cost 518 jobs and end byMay 15. As many as 8,000 jobs are expected to disappeadwith DHL’s exit from the Clintobn County community. Gov. Ted Strickland in a joinft statement with other Ohio officials on Fridaycallex DHL’s announcement “another unfortunate blow to the peoples of southwest Ohio.” Baket said the transition from the Wilmingtob Air Park to Cincinnati should be completed by mid- to late For Wilmington, that will mean a phased-in draw down of At DHL’s existing facility in Erlanger, Ky., the companyh employs about 200 back-office employees, Baketr said.
The company moved most its operationa out of Erlanger when it acquired Airborne Express in 2003 and consolidatex its sorting hubwith Airborne’xs hub in Wilmington. At the same time, it spun off Airborne’ws air cargo operations into ABX, which has since then operatef the Wilmington hub for DHLundert contract. DHL announced last year that it was quitting its loss-making domestic U.S. parcel delivery businesss to concentrate on internationalparcel deliveries. It will handle internationaol parcel shipments into and out of theUnitefd States, but it will no longer handle domestiv shipments within the country.
Baker said ABX and Astar Air Cargko Holdings, another company that operates in continue to run cargo shipments on domestic legs for parcelz that come in throughinternationapl airlines. Those contracts, which run through August 2010 andDecember respectively, won’t be affected by the move to Cincinnati, he ABX in a release Friday said when DHL is phased out of Wilmingtonm later this year, its flights under an air transport service accord with DHL will begin operating out of the Cincinnati DHL was granted a nearly $2 millionn incentive package about a month ago from the Kentuckh Economic Development Finance Authorit Board for the expansion, which wouldf entail an estimated $13 million equipmentg investment.
The company at the time was lookinfg at a variety of alternativesd in addition to the northern Kentucky site. That effort came after negotiations to shift the workto UPS’zs hub in Louisville, DHL’s initial fell through.
Wednesday, December 5, 2012
The FAA is on recruiting blitz despite the down economy - San Antonio Business Journal:
ogarawo.wordpress.com
Air traffic controllers have almost always been inshor supply, but that shortage coul d soon be exacerbated over the next few yearss if recruitment efforts are unabls to fill the slots that will soon be vacatexd by controllers hitting their mandatory retirement age. Tom San Antonio air traffic manager and Lone Stardistricft manager, says there is a nationwide effort currently under way to attract more recruit s as the FAA prepares to replacew the wave of controllers who joinex the agency in the wake of President Ronald Reagan’s decision to fire the striking air traffidc controllers in 1981.
“This is a greaty opportunity for people interested in aviation to put theid names inthe hat,” Bowmanb says. The FAA opened a public bid for air traffic controllers onJuly 6, allowing interestefd parties to fill out an onliner job application. To qualify for employment, an applicant must be 18 yeareof age, have a high school diplomaw or GED, and at least three years of progressived work experience and/or college Qualified applicants are invited to take an aptitude test to determinde whether the FAA will consider them for employment.
Air traffic controllers have almost always been inshor supply, but that shortage coul d soon be exacerbated over the next few yearss if recruitment efforts are unabls to fill the slots that will soon be vacatexd by controllers hitting their mandatory retirement age. Tom San Antonio air traffic manager and Lone Stardistricft manager, says there is a nationwide effort currently under way to attract more recruit s as the FAA prepares to replacew the wave of controllers who joinex the agency in the wake of President Ronald Reagan’s decision to fire the striking air traffidc controllers in 1981.
“This is a greaty opportunity for people interested in aviation to put theid names inthe hat,” Bowmanb says. The FAA opened a public bid for air traffic controllers onJuly 6, allowing interestefd parties to fill out an onliner job application. To qualify for employment, an applicant must be 18 yeareof age, have a high school diplomaw or GED, and at least three years of progressived work experience and/or college Qualified applicants are invited to take an aptitude test to determinde whether the FAA will consider them for employment.
Tuesday, December 4, 2012
Drexel University hires recruitment director - Sacramento Business Journal:
ykyhola.blogspot.com
Nancy Thompson brings 18 years of marketingv and recruitment experience tothe post, Drexe l officials said in a news release Thursday. Thompson was most recently the director of graduate external program s at CaliforniaState University, Sacramento. She also served as the directord of the working professional mastersa of business administration programm at the Universityof California, Davis, and was instrumentall in getting the progra established in San Ramon. Thompson also was site coordinatotr for the degree completion programn at San JoseChristian College’s Rocklim campus, now .
“I am delighted to welcomee Nancy Thompson to theDrexel family,” Carl Oxholm III said in a news release. He is Drexel’as senior vice president, dean and chief executive officer of the SacramentoGraduates Center. “Nancy’s career in higher education has been focused on theworkingv adult,” he said. “She realizes first-hand how innovative Drexel’es approaches are, and how they will ensure that our students who face challengingf personal and professional obligations have the maximum opportunity to succeed in anationally top-ranked master’s program.
” The 20,000-square-foor center opened in January at One Capitolk Mall, and offers 10 master’s programs and one doctoral program. Its initial master’s programs include business administration, higher information systems, and library and information science. In Drexel will add six master’s programs in: engineering management; nursingy education and faculty role; nursin leadership in health systemsz management; public health; science of human resource development; and a doctorate in higher education administration.
Nancy Thompson brings 18 years of marketingv and recruitment experience tothe post, Drexe l officials said in a news release Thursday. Thompson was most recently the director of graduate external program s at CaliforniaState University, Sacramento. She also served as the directord of the working professional mastersa of business administration programm at the Universityof California, Davis, and was instrumentall in getting the progra established in San Ramon. Thompson also was site coordinatotr for the degree completion programn at San JoseChristian College’s Rocklim campus, now .
“I am delighted to welcomee Nancy Thompson to theDrexel family,” Carl Oxholm III said in a news release. He is Drexel’as senior vice president, dean and chief executive officer of the SacramentoGraduates Center. “Nancy’s career in higher education has been focused on theworkingv adult,” he said. “She realizes first-hand how innovative Drexel’es approaches are, and how they will ensure that our students who face challengingf personal and professional obligations have the maximum opportunity to succeed in anationally top-ranked master’s program.
” The 20,000-square-foor center opened in January at One Capitolk Mall, and offers 10 master’s programs and one doctoral program. Its initial master’s programs include business administration, higher information systems, and library and information science. In Drexel will add six master’s programs in: engineering management; nursingy education and faculty role; nursin leadership in health systemsz management; public health; science of human resource development; and a doctorate in higher education administration.
Subscribe to:
Posts (Atom)