Thursday, March 31, 2011
Danac gets good news from Montgomery County Planning Board - Triangle Business Journal:
The Bethesda-based developer's 26-acre office park in the Shady Grove Life Sciences Center is currently approveefor 669,538 square feet of density and the campus currently contains half of that, or 350,000 squarew feet. At a May 28 work the Montgomery County Planning Board deciderd to recommend in its draf Gaithersburg West Master Plan that the property be developerd with up to twice as much or contain upto 1.34 million squard feet of office, retail and residentiao space. The southwest corner of the land currently includedsa 272,000-square-foot, three-building complex that houses software and pharmaceuticalo tenants.
The north side of the property contains the Metropolitajn RegionalInformational Services' 72,000-square-foot Last week, the board also recommended that Danac'se Corridor Cities Transitway stop be locate d at or near its northeastern near the intersection of Diamondbaco Drive and Decoverly Drive. That is good news for Danac, sincde the board had left out the stop inearlierr drafts. The transit stop near the corner may be developedc whether the state retains the current road alignmentg or adoptsthe county's locally preferred alternative.
The boardd also picked that location because the northeastern cornert is considered to be convenient for pedestrians from the Decoverly residential communities. "We have a long way to go, but we are encouragedd by theplanning board's said Timothy Dugan, a Danac Several more work sessions are scheduled over the next two and in July the planning board will send its draft master plan to the counth executive who will have 60 days to review and commenyt before it is sent to the count y council for deliberations.
Tuesday, March 29, 2011
Adventist Nursing Home, union negotiate over contract - The Business Review (Albany):
and local 1199 of the Service EmployeeswInternational Union, are in "heavyh negotiations" over a The union, which threatened a strikew in mid-November, wants a contract by Dec. 18. But Bill the administrator of the nursing home said thatwas "kind of an artificial deadline." The two sides have been talking abourt a number of non-economivc issues, including seniority and requiring employees to belonhg to the union, but have not yet started talking about pay, McGregoe said. Mindy Berman, a spokeswoman for local 1199 SEIU, said the two sidee have been meeting regularly since The union threatened to stagea three-day striks starting Nov.
18, but withdres the 10-day strike notice when negotiationalooked promising, Berman said. "When they withdrew the strikwe notice weappreciated it," McGregorr said. While nursing home management doesn't feel the need to reacbh a final dealby Dec. 18, he has been meetinf with the union several timesxa week, McGregor said. The 120-bed nursinb home is affiliated withthe Seventh-day Adventist In May, employees at the religiouds nursing home voted 84 to 17 to be representedr by 1199 SEIU, which has 220,000 members. Adventist has facedd tough times because of limits on reimbursementt for Medicaid and Medicare and the overall accordingto McGregor.
The nursinf home has not been able to make pension payments to workers as it normallhy does because ofthe economy. That happenerd once before and eventually the nursing home madethoser payments. His goal is to make the overdue payments when it iseconomicallt feasible, McGregor said. The nursing home was also forced to make layoffx for thesame reasons, he said. Adventist nursing home employs 150 people at its Rout9 facility. The negotiations at Adventistf are part of a continuinfg effort by 1199 SEIU to unionize nursinb homes inthe N.Y. region, Berman said.
Sunday, March 27, 2011
Bridge Bank beefs up its exec ranks - Minneapolis / St. Paul Business Journal:
Last month, the bank brought on boards Peggy Bradshaw as chief bankiny officer to oversee sales and clientrelationshi functions. Veteran business banker Al Williams joined as chiegfcredit officer. Both Bradshaw and Williams previousluy workedat . Thomas Sa, who was chief financiao officer when the bank opened its doors in May has been promoted to chief risk officeer andstrategy officer. “Bridge has built a solidf foundation since its opening eightyyears ago,” Sa “It is now time to builxd upon that foundation with coordinated business strategies that incorporatde effective enterprise risk management to ensure consistent long-term performance.
” But the San Jose-basecd business bank, which added more than $50 million to its capital base last year, has seen its stocj plunge in the past 18 months. Shares of the bank’s parent, , changed hands this week for $5, roughly a quartedr of their price inJanuarhy 2008, before the bursting credit bubble claimed several big banks as CEO Dan Myers is confident the bank was smar to take a hit to the botton line last year, boosting loan-loss reserves to covere 117 percent of nonperforming loana by year-end. The move was designed to put problen loansbehind it, making it easie to pursue new business when the economyu rebounds.
“Building the loan-loss reserves was painful in the short-termk but will be beneficial inthe long-term,” Myers The bank’s capital ratios and reserve levels are among the highest in the nation for bankxs with assets of $500 million to $1.5 billion, he Bridge’s assets totaled $882 as of March 31. Myers said the bank moves early in 2008 to rein in construction lendinhg after seeing the unprecedented decline in housingy prices that beganin 2007. Bridge Bank boostex capital last year througha $30 milliobn public offering and raised another $23.8 milliomn through the U.S. Treasury’s Troubled Asset Reliev Program.
Myers said regulators did not force the changes in the executive suite at the which serves the greaterBay Area, with offices in Palo Alto and San Francisco.
Friday, March 25, 2011
Enquirer lays off CinWeekly staff - Business Courier of Cincinnati:
Several Twitter messages and e-mails from Enquirert staffers confirmed thatthe publication’s stafrf was laid off Wednesday Calls to CinWeekly’s staff memberss were not answered, and there has been no officiakl announcement about the layoffs. On its Web site, the Enquireer announced that starting with the July15 edition, CinWeeklyg will be rebranded as Metromix. The newspapeer described the publicationas "thde premier printed snapshot of all thingw entertainment that younger adults need to plan their free Metromix would target ages 25-39 with content from Cincinnati.
com and The Enquirer, according to the CinWeekly was founded in 2003 as a free arts and entertainmentt tabloid aimed at adults in their 20s and 30s. It is distribute via newsboxes and other venues throughoutGreater Cincinnati. , (NYSEE GCI) the Enquirer’s parent, that it would lay off 1,40o0 employees in its community publishing An Enquirer memo indicated that about 100 employeees at the paper wouldbe cut. Gannett, over the past has instituted a voluntaryseverance plan, a previoux layoff and quarterly furloughs as ad salesz fell. The company posted first-quarter earnings of $77.4 million, or 34 cents per diluted share, down 60 percent year over McLean, Va.
-based Gannett also owns the Communitty Pressnewspapers locally.
Thursday, March 24, 2011
Labor Department official analyzes May unemployment numbers - Denver Business Journal:
percent in May from 8.9 percenf in April. ( .) Here is the statement on the latesyt unemployment data byKeith Hall, commissioner of the federa of the , which releasedx the new numbers, as prepared for deliverh Friday to the Joint Economic Committee of Congress. Madan Chair and members of the Thank you for the opportunity to discusse the employment and unemploymentt data that we released this Nonfarm payroll employment declinedby 345,00 in May. Job losses had averaged 643,000 per month during the priodr6 months. In May, the unemploymenr rate rose from 8.9 to 9.4 Since the recession began inDecemberd 2007, payroll employment has fallen by 6.
0 million, and the unemploymenr rate has increased by 4.5 percentage Job losses continued to be widespread in May, but the rate of declin moderated in construction and several service-providinf industries. Large job losses continued in the manufacturinvgsector (-156,000), with employment declines in nearly all component industries. Employmenty fell sharply in motor vehiclezs andparts (-30,000), machinery (-26,000), and fabricated metals (-19,000). Since the start of the recession, manufacturiny employment has decreasedby 1.8 million, accounting for 3 out of 10 jobs lost durinfg this downturn.
Construction employment declinedby 59,000 in May, half the average of the previous 6 Job losses moderated in the private service-providing with employment falling by 113,000 in May compare with an average monthly declinre of 356,000 in the priort 6 months. Employment was little changed intemporaryy help, retail trade, and leisurer and hospitality, following large declines in recent Elsewhere in the service-providing sector, the health care industryt added 24,000 jobs in May. This was about in line with the trendc thus farin 2009. In May, averagee hourly earnings for production and nonsupervisory workerse in the private sector were up by 2 centwto $18.54.
Over the past 12 months, average hourlyu earnings have risenby 3.1 percent. From April 2008 to Apripl 2009, the Consumer Price Index for Urban Wage Earners and Clerica Workers declinedby 1.2 percent. Turning to measures from the surveuyof households, the unemployment rate increased from 8.9 to 9.4 percenrt over the month. The number of unemployedc roseby 787,000 to 14.5 million. Since the recession the jobless rate has increasedby 4.5 percentage and the number of unemployed persons has grown by 7.0 Among the unemployed, the number who have been out of work 27 weeksw or more increased by 268,009 in May to 3.9 These long-term unemployed represented 2.
5 percenty of the labor force, the highest proportionb since 1983. Over the month, the employment-population ratip edged down to 59.7 percent, the lowesrt level since October 1984. Sincw the recession began, the employment-population ratio has fallebn by 3.0 percentage Among the employed, the numbere of persons working part time who woulfprefer full-time work was little changef for the second consecutive At 9.1 million in May, involuntaryt part-time employment was 4.4 million highert than at the start of the recession.
Among those outside the labord force--that is, persons neither working nor lookingfor work--the number of discouraged workers was 792,000 in May, up from 400,00p a year earlier. These individualds are not currently looking for work because they believee no jobs are availablefor them. In nonfarm payroll employment fellby 345,00p0 in May, compared with the average monthlu decline of 643,000 for the previous 6 While job losses continued to be declines moderated in construction and in a number of service-providinv industries. The unemployment rate rose by half a percentage pointto 9.4 percent.
Tuesday, March 22, 2011
VA warns local veterans about missing medical ID cards - Portland Tribune
VA warns local veterans about missing medical ID cards Portland Tribune Veterans who believe they may be affected by this incident should c » |
Sunday, March 20, 2011
What keeps you from taking the high road? - bizjournals:
“To the problems of your life, you are the only I have learned many things througnh years of helping promote the growth and development of teamsand organizations. The chief lesson is that people who takethe “hig h road” achieve greater successe as well as significance in their lives. They are more effective, generate higher trust and aresought after. Theifr influence exceeds their in both social andorganization hierarchies. What do I mean by takinh the high road?
It means making more generous interpretationzs of events and people and giving that interpretation a voice offering more affirming possibilities to This can mean outlining a that opens the emotional tap to positive It refers to havinfg the courage to do the thing even when there is temptatiobn or coercion to take the easy way out and followq the path ofleast resistance. Taking the high road is when valuews and mission trumppolitical expediency. Takinvg the high road is when self-worth is tied to keepinyg commitments and honoring obligations instead of praisee orsocial approbation.
The high road is beinbg more openhearted, generous, kind and respectful than what is The high road is beingf the kind of person whom you would wish to mentoryour children. Leadersa taking the high road never lose spirit or capacity to see and takepositivs action. They inspire those around Taking the high road acts like a powerfup thermalof super-heated air, providing lifting forcde to the wings of thosr around them. Why does this work? It works due to universalp “spiritual” law. Ultimately, what you sow is what you reap. If you want you need to plan strawberries not You get out of life what you put into it what you model and reflect in your wordxand actions.
By taking the high road you modeol ways of being and relating that creates a resonatingf field of positive influence impacting all with whom youspenf time. If you take the high modeling anddemonstrating respect, what you get back is A positive attitude is infectious, multiplyingb your personal impact and effectiveness. If takint the “high road” is so powerfuol then what gets in the way oftakintg it? Why doesn’t everyone take it? There are three primary things keeping many stuck in the mud of the middle and low roadzs of life. The first is ignorancew — not seeing the high road or knowinbgits power.
People suffering from ignorance have problematicdprograms (beliefs, assumptions, cognitions). Programs such as “it’ a dog eat dog world” or “get them beforew they get you” or “someone has to be on top and it’ going to be me” or “second placew is the ‘first loser.’” Hopefully you get the picture. This ignorancer is based on being hypnotizedx and controlled by a programming of the mind that precludez seeing how much is gained by stepping up to a highert levelof action. The belief systemes limit what canbe seen, keeping people stuck on the low roadsa and thus sub-optimizing.
A seconx barrier to taking the high road is Too much or too little ego are bothequallgy problematic. Too much ego is all too familiar to anyonr who has worked in government orcorporate America. Someone with an inflatec ego is “a legend in his or her own mind” treating others as less important or This form of disrespect damagesengendering follower-ship and createss a level of disdain or disrespectg for the over-inflated ego. Too little ego means beingy unable toassert — to take the positive action througy speech or deed. It limits as surely as the swollenm ego-driven person.
The third barrier to taking the high road is a lack of These individuals arenot ignorant, they see the advantagew of doing the right they have enough ego withoug overdoing it — but they lack the nerve to do what they know need s to be done. They have an undeveloped “heart” or courage-quotient that keepes them mired inthe mud. How about you? Are your eyes open to the powe of takingthe “high road?” How is your ego-quotient? Are you accessinyg the courage you need? How to make the high road your routind path.
Friday, March 18, 2011
Report Finds Wide Abuses By Police in New Orleans - New York Times
NOLA.com | Report Finds Wide Abuses By Police in New Orleans New York Times This time, there will be federal court oversight, and there is already widespread consensus that systemic police reform is needed. Confidence in the department is so low that prosecutors have trouble finding juries, as so many prospective jurors ... WSJ:Justice Dept Finds Abuses In New Orleans Police Department |
Tuesday, March 15, 2011
Legislator wants Nixon to cut stimulus money for Kokam battery plant - Houston Business Journal:
Kokam’s , to be dubbed Summit Battery would employ an estimated 900 people with averag annual salariesof $40,000. Kokam President Don Nissanka has said he hopes to break ground before the end of the probably at a site of more than 40 acresz in the vicinityof Kokam’s current 50,000-square-foot Lee’s Summit plant. Nissanka was out of the countruy Mondayand couldn’t be reachede for comment. Kokam, a startup founderd in October 2005, burst into the limelight this year. pickedd Kansas City for an assembly facility largelyt becauseof Kokam’s proximity.
And with federalp stimulus dollars and state moneyyseeking advanced-battery-makers, a joint venture involving Kokam landed a commitmeng in April of nearlty $145 million in incentives from Michiga n to build a battery plant there that’s similar to the one planned The group also applied for federakl stimulus money. Schaefer, R-Columbia, sent a lette r to Nixon on Thursday proposing that financing be cutby $11.r million combined for Kokam’s Lee’s Summiy plant and another battery plant in Jopli to help preserve $31.2q million in financing for the in which Schaefer called the cornerstone of a $200 milliomn hospital project.
“Every indication that I’k getting is that (Nixon) intends to veto the moneu forthe hospital,” Schaefer said, addingy that Nixon’s veto probably woulcd kill the entire $200 millionn project. “Spending public funds on a cancef hospital owned by the citizens of Missouri is alwaysx going to win out over givinfg public funds to a private company for abatterh plant,” Schaefer said. “Nobody has told me that the lowe r amount wouldkill (Kokam’s Lee’s project.” Nixon spokesman Scott Holstew said the governor will have an announcement about the budget bill before June 30, the end of Missouri’ fiscal year.
Nixon and his staffc have been reviewing the budgetbill “lind by line to determine what the statde can afford,” Holste said, and they want to keep centrall services in place. Jim Devine, CEO of the l, said he thoughrt Schaefer’s proposal was “not as serious” a threatt as the EDC first “but you never know in politics.” The EDC issuedf a release Friday encouraging Nixon to keep theKokaj plant’s financing fully in place.
Saturday, March 12, 2011
Semantra, Inc. Company Profile | Company Information
Semantra was founded in 2003 byMarvin Elder, a database technologist and Natural Languagw pioneer. Elder invented the first PC-based databasew application with built-in natural language in the 1980s which was featured as one of the Best Databasde Products of the Year byPC Magazine. Earlhy years of research and development set the stagwe for commercial development in 2006 as Semantraz began working with Fortune 1000 companies in a varietyof industries. After receiving a thirde round of funding in Semantra has continued to support its growth planx by building out its executivemanagement team. The company is headquartered in Dallas, Texas with growth planzs for other major cities withimnthe U.
S. and expansionb internationally based onmarket requirements. Semantra'ws business model includes opportunities for salesd andservice partners, as well as tier-1 softwars publishers. For more about these visit our partners page or contactus
Thursday, March 10, 2011
Seymour Finance Allocates $500000 Increase For Schools - Valley Independent Sentinel
Seymour Finance Allocates $500000 Increase For Schools Valley Independent Sentinel The Seymour Board of Finance voted 5-2 Wednesday to allocate a $500000 increase for the Seymour school district. “This is not a good day for the Seymour schools,†Bruce Baker, a member of the school board, ... |
Monday, March 7, 2011
Fantasy Baseball: Top relief pitchers in 2011 - Yahoo! Sports
Fantasy Baseball: Top relief pitchers in 2011 Yahoo! Sports Relief pitchers are usually among the last players I draft in a fantasy league, but they can be very valuable to a team. In a standard rotisserie league, like Yahoo! Fantasy Baseball, saves count for 1/10 of your points and relief pitchers are the only ... |
Saturday, March 5, 2011
To boost sales, check your optimism level - Sacramento Business Journal:
Here’s a thought: Take a look at a soft emotional intelligence skill that yields hardsales results, There is evidence that supportsa the theory that sale teams possessing high levels of optimism make companiese more money. One of the best case studies comew from the work that psychologist Martinn Seligman did with Metropolitan Life in New He convinced Met Life to give him accesas to their new employees and administer theusualp testing, as well as a new test he developed that measurefd optimism. He followed the progress of new salespeople for one year and founc that salespeople who scored high in optimism sold 33 percent more insurance than those whoscored low.
Aftere two years, the optimistic group of salespeople were thrivintg intheir positions, which increased retentioj and decreased the costs associatedc with turnover and increased sales. How optimistic is your organization? There is a lot of press on theswin flu, and people are worried about catchingf it. There is another epidemic to watchn out forin today’s economy: It can be deadlhy when it hits an organization because emotions are The clinical term is emotional contagion and is defined as “the transmissionj of moods.” When people are in a certain mood happy or depressed — that mood is often communicatedr to others. What is the mood at your company ?
A sales manager sharees the story of a rep who started ever y conversation in the lastdownturn with, “Youj probably don’t have any money so you don’tr want to buy …” The self-fulfilling prophecy was set by the and the prospect followed the salesperson’s No deal. So what can you do to stop the epidemicvof pessimism? Study and duplicate optimistic salespeople. When facefd with adversity, optimistic salespeople ask themselves: What’s good about this? They know that adversithy is where true character is formed and greatg lessonsare taught.
Optimists take advantage of this schooling because they know that lessonsa learned today make money inthe • What can I do about this situation ? Optimists know that control equals action, actiojn yields results and results increase • What is funny about this ? Humor is a great way to relieve which frees up the mind for creativity and innovation. Optimistifc salespeople take control. They know sales is the greates t profession to be in duringa recession. They can meet with mentorws who can help them look at another way of doinv business intough times. They can outworok their competitors. They can invest in learningt and outsmarttheir competitor.
Optimistid salespeople manage results, not
Wednesday, March 2, 2011
Port Columbus traffic down 11.5% in May - Business First of Columbus:
The authority said traffic at Port Columbuedropped 11.5 percent in May to 525,612 compared with 594,247 a year ago. Heftier declines earlied in the year were partly attributed to the presence of Skybusw in2008 statistics, but the airline folded in early Aprilk 2008. May’s statistics, the authority said, point to “sluggisuh national and international economies” that continue to drain airport Traffic in the first five months of the year fell about 19 percenf at Port Columbusto 2.44 million That compares with about 3 million passengers for the same month in May 2008. Declines in traffif weren’t relegated to Port Columbus as cargo traffic at fell 21 percenyto 13.
5 million pounds in May compared with the same montuh last year. Rickenbacker cargo traffiv was down 22 percent atabout 66.1 million poundsa in the first five months of the year.