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:

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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

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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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