Wednesday, February 29, 2012

U.S. may see

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The 20-34 age bracket had the lowest despite the attention lavished on youthful founders of companiese such as Facebook and Job trends may increase entrepreneurial activity amongoldef Americans. “While people under age 30 have historically jumped from jobto job, the most strikin development today has been the deep drop in the incidenc of ‘lifetime’ jobs among men over age writes Dane Stangler, senior analyst at the foundation and authoe of the study. The past year’s economic upheavals also may produced more entrepreneurs among allage “The very idea of ‘too-big-to-fail’ institutions has been permanently Stangler writes.
“Recent economic trends away from lifetime jobs and towarr more newcompanies — will thus gain even greater culturapl traction. New and stronger regulations aiming to prevent the rise of such giantg organizations also may help create amore market-oriented society.”

Monday, February 27, 2012

GM sets strict standards for remaining dealerships - Houston Business Journal:

http://rusinventor.com/p-521.html
As seeks to pare down its dealership network as it followsd Chrysler into a federally backe Chapter11 bankruptcy, the car dealershipsd that remain in business face dauntinfg new demands from the manufacturer that could bringb major changes to the way they do Not long after GM sent out letters to hundredss of dealerships telling them they would be the automaker this week sent a separate letter to thoss who would remain in business. The “participatiom letters” lay out GM’s new expectations.
No more will dealershipsx be able to sell all their GM cars undere the same roof along with the brands of othermanufacturers instead, a new policy require s some dealers to upgrade their showrooms and givezs GM greater oversight over their marketing Susan Garontakos, a spokeswoman for GM, said that betweenh 4,100 and 4,200 dealers received participation letters as the companh seeks to reduce its dealershipl network from more than 6,000 to between 3,60 0 and 3,800 by the end of 2010. Garontakosx emphasized that each participation letter and agreement sent to dealerws was individual toeach dealer’s circumstances. “Therde are different requirements for each she said.
“There are various scenarioz of what individual dealers are expecter to signup for.” Expect some consolidatiobn of car brands as sales thresholds are increased and the companu seeks to work with a smallef network of bigger dealers, she said. But Bud Smail, CEO of , a Greensburg dealership network whose stable of car brandsincludews Honda, Mazda and Kia, along with GM’sw Cadillac, GMC and the soon-to-be eliminated described the letters in bracing terms. “It’s a very difficul contract,” he said. “It’s very one-sided.
” He said Pennsylvania’ss strong franchise laws offer no given GM’s bankruptcy “GM is able to get away with this becaus e they’re in bankruptcy,” Smail “If they weren’t in bankruptcy, they wouldn’t be able to do anythiny like this.” What exactly are GM dealershipsw being asked to do? Many details remainm unknown. Smail, who is on the boardc of the , along with affiliated local trade organizations, expected to get more information from GM on June 12 when a dealert meetingis scheduled.
But GM expects its car brandw to be sold and showcased in thei owncustom showrooms, or “channeled” in company-speak: its volume sales leader; Buick and GMC, its middle price-point models, paired together; and Cadillac, GM’s premium brand, will all have to be sold in separatde showrooms. Garontakos, however, said she doesn’ty see the expectations for exclusive, stand-alone dealershipsd as new. “We want the best performingy dealers, in the best locations aligned with the brands thatthey sell,” she said. “Tha is the requirement.
” While Smail expects to sign the agreement theletterd demands, he said he won’t make any other big decisionse without more clear direction from GM. Right now, Smail sellsa GMC, Pontiac and Cadillac in one GM-dedicatede facility, which his company invested $2 milliojn to upgrade last year. Henry Syzmanski, head of the automotiver group forStrip District-based Schneider Downs & Co., said GM is expecting total commitmentf to its new plans even though the plans themselvees are subject to Dealers that “duel” or pair car brande that don’t conform to GM’s merchandising strategyt may be dropped, Syzmanski said.

Saturday, February 25, 2012

Breathing stylish new life into a French Baroque rarity - Chicago Tribune

http://mymobif5.com/celebrites/find-out-the-sex-of-alyssa-milanos-baby/


Chicago Tribune


Breathing stylish new life into a French Baroque rarity

Chicago Tribune


In one of those happy alignments of heavenly bodies that so seldom occur in Chicago, the city is having a mini-explosion of neglected Baroque operas. Not only is Handel's "Rinaldo" to op en this week at Lyric Opera, the weekend brought an even less ...



and more »

Thursday, February 23, 2012

Sales of imported ros wines leap 42 percent - The Business Journal of Milwaukee:

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U.S. retail sales of importefd rosé wines leapt 42 percent in the 52 week period endingApril 4, compareed with a less-than-5-percent increasesz in total sales of table wines duriny the same period, according to data cited by the . The Frencj wine council, known in France as Conseil Interprofessionnel des Vins de Provencseor CIVP, said Monday the steep rise in consumption is consistent with an earlier studh by International Wine Spirit Record predicting that consumption of the popular pinkish wines worldwided will jump from 565 million bottles to 620 million by 2012. Not the CIVP expects the growing thirst forimportef rosé wines in the U.S.
market will bode well for particularly its Provencewine region. The Frencyh produce 28 percent ofworldwide rosé winese by volume, making it the leader in the according to the wine counsel, which represents 700 Provencs wineries and 55 local tradinvg companies. Provence produces 38 percent of France’s rosés, the group Separately, Nielsen figures revealed that2008 U.S. sales of table wines priced at $6 per bottlde or more jumped 24.9 percent by priced and 22.4 percent by despite a weakening economy.

Tuesday, February 21, 2012

Human Capital: People on the move, June 2 - Boston Business Journal:

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Goodwin Procter's Budd elected vice chairmab of AAA national board WaynBudd , senior counsel with the Boston law firm of and a memberf of the board of director s of , was elected vice chairman of AAA’s national boar of directors. Turbine taps Paradowski as CFO , a Westwood-basedr online gaming technology company, appointed M. Beau Paradowski chiefd financial officer. Clough to run Leerink Swann's MEDACorop division Health care investmen t bank Leerink Swann of Boston appointed Brenyt Clough senior managing director and head of itsMEDACor division.
Prior to joining Leerink Swann, Clough was president and CEO of IntrinsiQLLC , an oncology software and data analytics promotes Stys as VP of marketing and businesws dev. Shawmut Design and Construction in Boston promoted BrianStys , a 16-year veteran of the to the newly-created role of vice president of marketing and businesws development. The Protector Groupl Insurance Agency adds Mullery as directofr of compliance and wellness of Worcester adderd Laura Ann Mullery as director of compliancdeand wellness. Mullery previously served as assistan vice president at in Boston and vice president of majort accounts at Thorbahn Associatesin Quincy.

Friday, February 17, 2012

Sancilio and Co. gets $700,000 in incentives - San Antonio Business Journal:

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The Town of Jupiter Economic Development Fund and Palm Beacgh Gardens each gaveSCI $350,0000 loans, according to a presa release from the , which helpecd facilitate the incentives. SCI plans to add up to sevebn jobs this year at itsmain office, production and warehouse facility in Riviera Beach with the Jupiter The company plans to add approximately 18 jobs at its Palm Beacy Gardens research facility by 2010 with the Palm Beacuh Gardens loan. The BDB estimateds the total economic impact of the SCI expansiob project tobe $14.3 The new jobs will pay 115 percenr of the county average.
“Twenthy five jobs at that salary in this industr isvery substantial,” said Kellg Smallridge, president and CEO of the Business Development “We are very concernede about helping companies in our backyard – just as we are concernedf about attracting to new ones to our area,” she Smallridge noted that the circumstances of the loan were somewhar unique, in that Jupiter gave a loan to a Riviera Beacnh enterprise, but added that Palm Beach municipalities are starting to thin more regionally in an effort to builds the growing biotech cluster.
“Thi s is about the team, it’sw about north county,” she “It’s in Riviera Beach, but it stillo benefits all ofNorth County.” The Town of Jupiter Economicc Development Fund is, in fact, intended to stimulatr biotech growth in all of Northu County, said Jupiter spokeswoman, Kate Jupiter is actually guaranteeing the $350,00 loan from for 36 months, Moretto said. Full terms of the loan were notimmediatelyu available. Palm Beach Gardens gave Sanciliok adirect $350,000 loan at 4.5 percent interesyt over 36 months, said Natalie the city’s planning manager.
The city chose to go with a loan insteade of a grantbecause it’s the righgt way to promote growthb in bioscience and it’s a good investment, Wong

Tuesday, February 14, 2012

National Semiconductor will cut 500, sell two divisions - San Francisco Business Times:

8511ysu.blogspot.com
The work force reduction is expected to be hardesyt hitin manufacturing, sales and marketing the Santa Clara-based company said. Nationall Semiconductor has about 10,000 employeees worldwide. Additionally, National Semiconductor said it would sell its InformationAppliancwe unit, which makes a geode and its cellular baseband business which makes chips for cell phones. The work force coupled with the two jettisoned should save the companyabout $15 millio n quarterly. The cost to initiate the job cuts andbusinesas sell-off is estimated between $35 million and $45 milliom for the fiscal third quarter ending Feb. 23.
The compang has been posting profits for the past three consecutivedfiscal quarters, but reported a net loss of $37. million for the quarter endee Feb. 24, 2002. The company had eliminated 150 jobs in May 2002 in anearliere cost-cutting initiative.

Sunday, February 12, 2012

Colleges to bring SBDC to New Albany - Business First of Buffalo:

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It will be located in the PurdusTechnology Park, off Charlestown Road, near Interstatde 265 in New Albany. The IEDC hasn’r had a presence in New Albany since January when the IEDC closed the New Albany office ina cost-cuttinv measure and moved the economixc development field office for southeast Indiana to Madison. It will continur to operate the Madison the IEDC said in anews release. The new southeasr office will serve Bartholomew, Clark, Decatur, Floyd, Franklin, Harrison, Jefferson, Jennings, Ripley, Scott and Switzerland “We appreciate the great partnership we have had with the Madisoh Area Chamber over the years and look forwars to our continued workwith them,” Jeff the IEDC’s state SBDC director, said in a news “Looking ahead, we have three diversre partners coming together in a news relationshipo to foster the developmenyt and growth of small businesses acrosx Sout heast Indiana.
” The New Albany SBDC office will be one of 10 sitez across Indiana, where developing companies can receivd low-cost assistance from the universities, the IEDC and the . Cliente will have access to Ivy Tech resourcexs at the communitycollege system’s multiplw campuses in southeastern Indiana. in New Albanyy will provide faculty andstudent engagement, entrepreneurshipp training and CEO roundtables, the release said. Purdue Universitu will provide access to as well as university extensionagency programs. More informatiobn about the Southeastern Indiana SBDC can be obtainede at or bycalling (888) 472-3244.

Friday, February 10, 2012

Wednesday, February 8, 2012

Kingpin investors raise energy stakes - Minneapolis / St. Paul Business Journal:

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A bevy of high-profile asset managersw and hedge fund gurus returned to buying mode after taking financial lumpas in the second half of 2008 when the valued of energy company shares tanked along with the pricew of oil andnatural gas. Prominenft investors such as all-star asset manager Paul Tudor energymaverick T. Boone Pickens and hedge fund investor Georgee Soros dipped their toes in the energy pool once again and grabbex multiple stakes inHouston companies, according to regulatorhy statements filed this Jones, who oversees Tudor Investment Corp.
, found bargain in 10 Houston-based energy companies or majod players with a significant presence in the and also took a new positionb in Waste Management still a big favorite of Microsoft founder Bill Gates. Pickens, who has spen the past 12 months lobbying for his plan to help the countrty kick the importedoil habit, still knows a fossil-fuelp bargain when he sees one. The Texads oil maven took new positions in a wide ranges of energy companieswith beaten-down stock prices at the end of a year that the bellwether Philadelphia Oil Service Indec dipped nearly 60 percent. Pickensw dabbled in services players such asSchlumberger Ltd. and Halliburton Co.
, naturalo gas shale producer Chesapeake Energy and high-profile exploration and production companyy Anadarko Petroleum Corp. Soros took even biggetr bites inthe process, gaining new positions in services playere Nabors Industries Ltd. and Weatherford Internationa Inc. — after selling off his Schlumbergedstake — while adding to his position in Besides his substantial switch into Weatherford, Soros made anothert big move in late April involvin a Houston-based company by adding 3 milliojn more shares of Plains Exploration and Productiojn Co., boosting his stake to nearly 6.5 milliomn shares.
Energy analysts and asset investmeng managers who follow these movers and shakers say that after energ y stock prices kept climbing in 2007 toward lofty highesin mid-2008, it’s been a while since the notiomn of value investing could be applied to the sector. “Timing is says Eddie Allen, senior partner with Eaglew GlobalAdvisors LLC. “There may have been an over-reaction in the fall with the sell-ofg of oil stocks. There’s still a lot of volatility to deal but these investors did well in anticipating therise (in oil that we’ve seen so far this year, from the mid-$30z to $60.
” Allen says that value investors are still playinb a bit of a waiting He notes that stock prices are natural gas has not followed oil’s recoverg in 2009, and there are concerns that pricese could stay depressed as inventoriess build. There is also more he adds, about possible consolidation as mid-cap explorationn and production companies eye the pickings amonhgsmaller competitors. Dan co-president and head of researchat Tudor, Holt & Co. Securities Inc., says Soros and Tudor might have even addes more shares during the quarter if energy stocke had not rallied and move a bit higherthan expected.
“Thes market took off so strongly in the firs quarter that investors took a pause waitingv for a pullback thatnever came. They might have wanted more but the stockd got away a little bit onthe upside,” Pickerinbg says. All things considered, energy was the hottes t investment gamein town. Says Pickering: “Thre overall theme here is that investors became reengaged in whichdramatically out-performed the rest of the market in the firstr quarter, as people were just less terrified aboug the state of the world The energy resurgence party had some notabld no-shows. While Pickens and Soros were pickinygnew favorites, other big-names investors were still cleaning house.
Warren Buffett sold 13.7 milliomn ConocoPhillips shares in the quarter to reducw his stake to a stilllsizable 71.2 million shares. Buffet conceded to shareholderzs of his BerkshireHathawah Inc. asset management firm that his huge investment in ConocoPhillips last year when oil pricesx peakedat $147 a barrel was a

Monday, February 6, 2012

Kannapolis honored for economic strategy - San Francisco Business Times:

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The city received the aware in the category of Excellence in EconomicDiversification Strategies, whic recognizes responses to plant closures and other economic that promote economic diversification. The competition is open to local, state and regional governments; and universitiezs and colleges. Cabarrus and Rowan counties lost 4,30p manufacturing jobs when textilemanufacturetr Kannapolis-basedPillowtex Corp. closed in July 2003. Two years California billionaire David Murdock announced plans forthe N.C. Research Campus at the 350-acrw former Pillowtex headquarters andmanufacturing site. The life-scienced hub includes the participation of Duke theUNC System, the N.C.
Community Collegw System, other educational institutions andbusinessz partners. The total investment is expected toreach $1.8 Residential and commercial developments are rising around the campux with hopes of turning Kannapolis, a formeer textile town, into a biotech

Saturday, February 4, 2012

Malaria kills twice as many as thought, study finds - Montreal Gazette

ermolayxitpev.blogspot.com


The Guardian


Malaria kills twice as many as thought, study finds

Montreal Gazette


Malaria kills more than 1.2 million people worldwide a year, nearly twice as many as previously thought, according to new research published on Friday that questions years of assumptions about the mosquito-borne disease. Past studies had overlooked ...


Mala ria kills twice as many as thought: study

Reuters


Malaria may kill twice as many people as believed, study says

Los Angeles Times


Malaria kills twice as many people as previously thought, research finds

The Guardian



 »

Wednesday, February 1, 2012

Twitter says TV series isn't official - Dallas Business Journal:

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and had announced they are unscripted competitiob in which players will use Twitter while on the traipof celebrities. on Tuesday said that while it has signexd ita non-exclusive contract with Reveillwe and Brillstein,it simply allows them to move forwardf with their concept. The blog said there are multiple companies are now workingy on TV projects related tothe service, so there may stil be a project that delvews into how many characters can be squeezed into a Twittefr series. "There is no officiak Twitter TV show—although if there were it woule be funto cast!" the blog said. Reveillse has been involved in scripted seriesincluding "Ther Office" and "The Tudors.
" It has also done reality shows including "The Biggestr Loser" and "American Gladiators." Brillstein'sd shows include "Real Time with Bill Maher" and "The