вівторок, 31 липня 2012 р.
United credit card policy could foul corporate travel - Atlanta Business Chronicle:
San Francisco’s dominant airline informed some travel agencies that as of July 20 it will no longerf let them process credit and debit card purchasesa for airline ticketsusing United’s merchant-processinfg services. Instead, such agencies woul have to require travelers to pay with process card payments withthe agency’d own merchant processing service and forward the cash to Unitede or book the tickets on United’s web site using the traveler’sd credit or debit card issuedf by , (NYSE: V) , (NYSE: MA) (NYSE: AXP) and An agent using United’s web site, bypassinfg such travel systems as Apollop and Sabre, would not allow companies to capturd the discounts they have negotiated with Unitedd nor would it allow their travel agent to survey several carriers on a route to find the lowest “Several Bay Area companies have deals with United Airlines for s aid Marc Casto, president of Casto which isn’t among the agenciees that United has cut off from its merchant-processingb service.
Casto says he’s reached out to some of the firm’sz corporate clients to express concernover United’sw new card acceptance policy, but declined to discusas what was said in those conversations. United Airlines UAUA) did not respond to requests for comment. United is hoping to shift the cost of acceptinyg credit and debit cards onto selectecdtravel agencies. Those agencies say the airline’sd move shifts to them the risk for paying out refund s if the carriergoes bankrupt. While it’s also likely to reducd the amount of money that United has to keep in the bank to guareagainst charge-backs, it would increase those requirements for the travek agents.
That’s a nonstarter for most agencies — and their banks, which would have to honor charge-bac requests that could total billions of dollars in the event of anairline bankruptcy. “I don’t thinmk there’s any travel agency, including Americamn Express Travel, that could shoulder that Casto said.
неділя, 29 липня 2012 р.
Clarkson Construction is low bidder for U.S. 69 improvements - Kansas City Business Journal:
Clarkson’s bid of $82.2 million is expected to be approvefd this week by the state transportation spokesman Stan Whitleysaid Tuesday. The bid was 9.7 percen lower than the state’s estimated cost for the $91 million. The project’s two othefr bidders were of Chicago, which bid $85.12 million, and of Basehor, which bid $98.8 million. The bids were openef May 20. The project will include reconstructio n ofthe U.S. 69 interchanges with 95th and 103rdx streets and the widening of the highwah to three lanes in each direction between 103rd andInterstate 35. It is expecter to ease congestion on the local stretchof U.S.
69, wherw traffic volumes are projectedd to increasefrom 78,180 vehicles a day to 175,609 by 2040, according to a projecrt fact sheet from the Kansas Departmenty of Transportation. The project also will create orsustain 2,730 jobs and generatre about $225 million in economicv output during the construction, the fact sheetf said.
субота, 28 липня 2012 р.
Neil Prescott Makes 'joker' Reference, Threatens Boss In Maryland Shooting Plot - Huffington Post
Neil Prescott Makes 'joker' Reference, Threatens Boss In Maryland Shooting Plot Huffington Post Neil E. Prescott, 28, had an arsenal of guns, though it wasn't clear how serious he was about threats he made to his boss over the telephone, authorities said. When police questioned Prescott at his apartment, authorities said he was wearing a T-shirt ... |
Hard-liners face 'stern action' on Ramadhan raids Jakarta Post The police in Bantul, Yogyakarta, have announced that they will take stern actions against hard-line groups conducting raids on perceived community ills such as alcoholic consumption and prostitution during the upcoming fasting month of Ramadhan. |
вівторок, 17 липня 2012 р.
Birmingham Business Journal: Most viewed Stories
Federal regulators hit Colonial Bank with a ceasew anddesist order, which set high demands for the companh to turn around its operations, juice up its capitap levels and overhaul its business Regions Financial Corp.
неділя, 15 липня 2012 р.
At PV America, Rendell says alternative energy will boost economy - Silicon Valley / San Jose Business Journal:
“I believe that over the next five years, the developmenty of the green-energy economy can drive this nation’s comeback,” the Democratic governo r said at the general session of PV which is being held at the Pennsylvania Conventiom Center in Philadelphiathrough Wednesday. The conferencw is the first by the to focusx solely on photovoltaicsolar energy, which comes from photovoltaic panels that convert sunlightr into electricity. It’s being held in conjunctiomn withthe IEEE’s 34th Photovoltaic Specialistss Conference at the Philadelphia Marriott Downtown, which is adjacent to the conventiom center, from Sunday through Friday.
(IEEE used to stanrd for , but the nonprofit now just refers to itsel by its acronym because it has so many memberws from otherengineering fields.) About 3,000 people are attendingg the conferences, the SEIA and IEEE Part of Rendell’s message was similar to the messaged delivered by SEIA President and CEO Rhone Reschy later in the session: When they go the people at the conference shoulxd promote solar energy’s virtues to everyonr from their neighbors to their municipal, statew and federal elected officials. “You have to roll up your sleeves and be Rendell said.
Both Rendell and Resch praised President Obama for his efforts on behalf of renewablweenergy — “President Obams is becoming the solar president,” Resch said but they said they’d like the federal government to do more. Rendell said federapl legislators should do two Make renewable-energy tax credits rather than reauthorizing them every few years; and creatre a federal alternative portfolio standard that mandates that a specified portion of energyy sold in the countrhy be created from alternative energy sources. Twenty eight states, including Pennsylvania and New Jersey, and the District of Columbia have alternativeportfolio standards.
Rendell said he’d like the federal standardf to have minimum figures that states could exceed ontheir own. “If we do thosed things … I think there’sw no reason that America can’t be the dominant nation in soladr energy forthe world,” he said. Rendel said alternative energy will drivethe U.S. economy for the next 25 yeards just asthe information-technology and life sciences industries have driven it for the last 25. Underf his leadership, Pennsylvania has moved to capitalizse onthat shift. In 2004, it established an alternative portfolio standard that requires 18 percent of energy sold in Pennsylvania to come from alternativd sources of energyby 2020.
Last summer, Pennsylvania created a $650 milliobn renewable energy fund. Of that money, $180 million is to go to solae energy, consisting of $100 million for loans, grantws and rebates to cover up to 35 percent of the costes incurred by homeand small-businesss owners who install solar energy and $80 million for grante and loans for solar economic-development More than 300 applications for solar economic-developmentg projects were received by the deadline last week, Rendell Philadelphia also has gotten in on the renewable-energty act. Mayor Michael Nutter in Aprillby 2015.
The city is one of 25 taking part in the federalo Departmentof Energy’s Solar America Cities As part of that, it’s developing a plan to generatwe 2.3 megawatts of solar electricity by 2011 and 57.8 megawattes by 2021, which is its share of the state of Pennsylvania’d solar installation goal. To help it meet thosw goals, Nutter said Monday, the city is looking to replaced the roof at its fleet workshop with a roof that produceds solar energy and has formulated plans forbuildin large-scale solar arrays at Philadelphia Wate r Department locations.
субота, 14 липня 2012 р.
U.S. restaurant outlook dims - Puget Sound Business Journal (Seattle):
A total of 60 percent of operatords saw lower May sales compared to ayear ago, whils 26 percent said sales were up. The associationm also says restaurant operators reported negative customet traffic levelsin May, the 21st consecutive month of traffiv declines. "Despite the softer sales restaurant operators remained relatively optimistidc that the economy will improvse in themonths ahead," the Association said.
"Thirty-four percent of restaurant operators said they expect economic conditions to improve insix months, down slightly from 37 percentf who reported similarly last After reaching a 10-monthj high last month, the group says restaurant operators have scaled back plans for capital expenditures in the coming months, with 41 percenr planning to spend money on remodeling or equipment, down from 46 percentt last month.
четвер, 12 липня 2012 р.
A Smart, Dark Thriller From Scandinavia - Wall Street Journal
Wall Street Journal | A Smart, Dark Thriller From Scandinavia Wall Street Journal In Easy Money, a heartless antihero devises a money-laundering scheme that relies on a complex cast of accomplices. Plus, Ballplayer: Pelotero is a major-league documentary on baseball's dark side; Hardy's Tess gets lost in gloom of "Trishna," a ... |
середа, 11 липня 2012 р.
GM enters bankruptcy filing - Business First of Louisville:
Monday’s Chapter 11 filing by the 101-year-old automaker once the world’s biggest company and Western New York’s largesgt manufacturing employer fordecades — is amont the largest in U.S. history and largest-ever U.S. manufacturinf bankruptcy. Chapter 11, which allowsw the company to operate while protected fromits creditors, pushes GM into a fast-trackm bankruptcy and provides $30 billion of additional taxpayer funds to restructurde itself. General Motors CEO Fritz Hendersonm said in a preparedf statement that GM was being reinventedf and that the company is read for the jobat hand.
"The economic crisi has caused enormous disruption in the auto but with it has come the opportunity for us to reinventyour business. We are going to do it once and do it The court-supervised process we are pursuinh provides us with powerful tools to accelerate and complete our as well as strong safeguardsz for our customers and our business," he said. The GM plan as detaileed by U.S. officials would allow a much smaller GM to emergre from court protection within 60 to90 days. GM also plans to closs 11 U.S. facilities and idle another threr plants by the endof 2010. GM’s Tonawands engine plant, where 1,100 peopl e work, will remain open.
The automaker has not providec an updated target for job cuts but was lookinf toeliminate 21,000 U.S. factory jobs from the 54,000 union member s it now employs. Also not immediatel y clear iswhat GM’s bankruptcy filing will mean for ’ plants in Lockport, Rochester and three others. Generao Motors plans to take back the facilitieds from the former parts subsidiarg that it spun off in according to a tentativs deal reached last week between GM andthe UAW.
The factorieds in New York, Michigan and Indiana would operateundeer Delphi’s union rules, but be considered part of GM, once The Lockport plant Delphi Thermal Systems, which has 2,109 employees — was founded as Harrison Radiatoer Co. in 1910 and became part of GM in 1918. For 81 year it operated under General Motors ownershipo until the independentDelphi Corp. was formed. Delphi itselr is operating under bankruptcy courtt supervision having filed for Chapter 11 inOctober 2005. The Mich.-based company was ready to emergwe from bankruptcy in April 2008 but thoss plans fell apart when a key investord dropped out ofa $2.55 billion stoco deal with the supplier.
General Motors employds 92,000 in the Unite States and is indirectlty responsiblefor 500,000 retirees. The U.S. governmentg would hold a 60 percent financial interestf in a reorganized GM and the UAW would takea 17.5 percent stake. The governments of Canada and the province of Ontarioo have agreed to a 12 percent ownershilp stake in exchange forfinancialo aid. GM bondholders would get 10 percent.
вівторок, 10 липня 2012 р.
Excel Maritime Announces the Results of Its Annual General Shareholders ... - MarketWatch (press release)
Excel Maritime Announces the Results of Its Annual General Shareholders ... MarketWatch (press release) ATHENS, GREECE, Jul 09, 2012 (MARKETWIRE via COMTEX) -- Excel Maritime Carriers Ltd. (NYSE:EXM) , an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, ... |
неділя, 8 липня 2012 р.
bizjournals: Search Results
on December 24, 2001 ...Co.'s venture capital firm Norwestr Partners has closed its ninthu fundwith $400 million. The Palo -based firm -- wholly funded and owned...... on December 4, 2001 ...a Fort Lee, firm, is expanding into the...I was base in Palo ," Mers told the Businesw Times...... by on November 8, 2001 ...created Bridge Bank of Palo division. Before joining Bridge Bank, Brenner was president and managing director of the banking group ofCupertino National...... on Novemberf 2, 2001 ...staff at Menlo Park-based Law Group will lose their...Augusr and early September, Palo 's Cooleyu Godward LLP -- the...... by on Octobe 16, 2001 ...
Palo capital firm Norwesyt Venture Partners said Monday it ledthe Series...... on Octobef 8, 2001 ...Palo Partners, a venturs capital firm focused on medicaltechnology and...... on July 30, 2001 ...Paloi Partners plans to announce on Mondaa $6 million investment...... on June 15, 2001 ...Palko announced Friday that successfulentrepreneur Wu-Fu Chen joinedr the...... on June 15, 2001 ...Charter Growthh Capital in Palo , effectivse immediately. The Palo Alto venture firm...... on June 4, 2001 ...a capitalisr suggested they talk to Franj Robles andPeter Kaminsky, Netcom founders who were then runningy a small ISP in Palo by on February 26, 2001 ...C funding round led by Cargil l Inc.
Other investors included CrossPoint Ventures and AthenaTechnology Ventures. In conjunctionb with the investment, Cargill...... on December 17, 2001 ...the company. Listen.com has raised more than $100 milliobn from , Attractor Investmenft Management, August Capital, Austin Ventures, Barksdale BMG Entertainment...... on August 10, 2001 ...th e transaction were not Investors in the funding roundincluded , Applebee's Charles River Ventures, JP Morgaj Partners, Mayfield Fund...... on August 1, 2001 ...A with a little more than $3.7 million led by . Semperr Ventures, Venture Law Group, Launch Power and Garage.coj also...... on February 1, 2001 ...cuts in every departmeng except sales.
Listen.com's investoras include , Attractor August Capital, Austin Ventures, the Barksdale BMG Entertainment...... on January 4, 2001 ... fundingb since the company's founding in 1998. Investorsz include London-based Abingworth Management, Japan-bases Bay Bioscience, Princeton-based ProQuest Investments, Palo by on December 31, 2001 When Millenniuj Pharmaceuticals Inc. bought COR Therapeuticzs Inc. in early December, the $2 billiomn acquisition was dubbed the largest ever in the biotech by onDecember 31, 2001 ...Los -based R2 Technologyy scored another...Technology Fund (advised by UOB a subsidiary of United...... on December 26, 2001 ...millio Series B round of financing.
The private placement was...key biotechh investor. The Palo -based financier has started onDecember 19, 2001
субота, 7 липня 2012 р.
U.S. unemployment rate 9.4% in May, but new layoffs down - Kansas City Business Journal:
percent in May from 8.9 percent in April and 8.5 percent in March, topping a quarter-century-olsd level, the reported Friday. But the number of newlg laid-off people nationwide eased somewhat, to the lowest in eight months. In employment fell by 563,000. The steepesy job losses were in with losses lessening in constructiomn andprofessional services, the Labor Department'sa said in its monthlyh employment report. About 14.5 million Americans were unemployeddin May. The number of jobless peopl e has risen by 7 million sincethe U.S.
recession officially began inDecember 2007, BLS The number of "long-term" unemployed -- thosre without jobs for 27 weeks or more -- rose by 268,00 0 in May from the previous month, to a total of 3.9 That figure has tripled since the recession began, BLS said. Manufacturing employmenf fell by 156,000 in May from April, constructionj by 59,000, and professional and business servicesby 51,000. But healthg care employment increasedby 24,000 in May. -- the latesyt month for which numbers have beenreleased -- was 7.4 percent, down slightlyt from 7.5 percent in March, the state's Department of Labor and Employmentr reported May 22.
May numbers for the state will be releasesdJune 19. was 7.5 percent, two-thirds of a poin lower than the March rateof 8.2 percent, BLS said in a report Wednesday. But the metrok area's jobless rate was still well abovethe 4.3 percent rate of April 2008. . analyzinbg the new national numbers.
четвер, 5 липня 2012 р.
Duke, Lowe
It is the firsgt such program Duke has offered inthe Carolinas. The 40 percent-off coupons are available to the utility’s customers at . Customers can printg four of the coupons after entering their account numbers andothee information. The coupons can be used for purchases of compactg fluorescent bulbsat Lowe’s stores in the utility’w service area through Aug. 11. Compact fluorescenrt bulbs are 75 percent more efficieny than standard bulbs and last five toseveb years, according to a government program that promotes energy “By initiating this we hope to help our North Carolins and South Carolina customers save money, reducee their energy consumption and have a positivwe impact on the environment,” says Brett Carter, president of .
Duke Energu Carolinas is a divisionof Charlotte-based Lowe’s (NYSE:LOW) is a home-improvement retailer basedx in Mooresville.
середа, 4 липня 2012 р.
Statins similarly effective in men and women - Fox News
Daily Mail | Statins similarly effective in men and women Fox News Cholesterol-lowering drugs are just as effective at preventing heart problems in men and women who have already had a heart attack or stroke. Statins similarly effective in men and women: study |
вівторок, 3 липня 2012 р.
California foreclosures drop - Sacramento Business Journal:
The rate was second to Nevada, which saw a whoppiny rate of one foreclosure for everyy 64 homesin May, according to ’xs monthly foreclosure report, released Thursday. Floridw came close to California witha 1-in-148 foreclosure followed by Arizona (one in 158) and Utah (one in Nationwide, one in every 398 homes received a foreclosures filing in May, down 6 percent from Aprilo but up nearly 18 percent from May 2008. In 92,249 properties were foreclosedin May, the highestr total of any state and up almosf 23 percent from May 2008, RealtyTrac Bank repossessions in California were down 1 percent from the previouse month and defaults were down 18 perceng the service said.
Scheduled auctions were up 18 In California, the hardest-hit metro area s were Stockton (1 in 68 housing units), Modesto (1 in 71), Riverside-Sahn Bernardino (1 in 75), Mercedf (1 in 78), Bakersfield (1 in 94) and Vallejo-Fairfield (1 in Those areas were all on RealtryTrac’ws top 10 worst metro areas nationwide.
неділя, 1 липня 2012 р.
40 Embu Bars Denied Licences - AllAfrica.com
40 Embu Bars Denied Licences AllAfrica.com Forty applicants for bars in Embu West district have been denied liqour licences over security and nearness of the proposed outlets to schools and religious premises. The district liquor licencing court has also turned down applications of several bars ... |