Zoots, once cleaning up in clothes laundering, hits tough times - Tampa Bay Business Journal:

http://sun-valley-hotels.com/es/303627-Hotel-Cottonwood-By-Resortquest/
The name Zoots, for now at least, will only live on in New Englanrdafter mid-level managers of the company bought the remaining asset s in Massachusetts and Rhode which include 17 free-standing stores. Meanwhile, the now-defunct Zoots parent company, with debts estimate at $8 million, has left some creditors holdingthe bag. Todd Krasnow, founder of called the sell-off "disappointing personally." He said in the earlyu days the company grew too but in recent years it had offsert that early growth with a slowerf paceof expansion. The company only recentlyg became cash-flow positive and in any other financiap environment probably would have been able to attract new Krasnow said.
"It's a lousuy time to be out in the market looking for any kind of he said. Launched in 1998 by two former (Nasdaq: executives and backed by Staplesa founderTom Stemberg, Zoots started out with big dreamzs of going public and during its heydayy had more than 50 retail outlets on the East Coastr and more than 800 employees. But the recent and unexpected departure of senior management officials resulte in the breakdown of aplanned recapitalization.
When the company couldn't find new it began seeking a buyer, people familiar with the matter No prospective bid was high enougj toappease Zoots' major creditors, so the company then began sellinb its assets piecemeal at the beginninf of the year. The Massachusettss and Rhode Island assets, including a 50,000-square-foot production facility in Brockton and about 300shippingh routes, have formed a new incarnation of The new company -- which was boughf by former managers Rick Simoneau and Trish O'Leary -- has moved to Brockton from former headquarters in None of the region's 350 jobs were eliminated durinf the management buyout, even though seven outleta were closed, said Zoots spokesmajn Scott Farmelant.
"The management buying process was successfullyy utilized to ensurethe long-term viability of the Zootds brand," he said, adding the newly formec version of the company has revenuw of about $20 million. Other propertiezs affected by the move includerd several Virginia operations that were ultimatelyu acquiredby (OTCB: UDRY) for approximately $1.9 However, the balance of debt owed to Zoots' primar y creditors won't be paid off. Following the Zoots still owedaround $8 milliojn to lenders, said Douglas a Choate Hall & Stewart LLP attorney who was involver in the sales.
Two local firms, Boston-basecd and LLC, are among the company's largest Indeed, sources said Zoots failed to raise enough cash to retire the outstanding notes owedto NewStar, whichy held senior-secured debt, and Charlesbank. NewStaer CEO Timothy Conway declined to comment and a Charlesbank spokeswomahn said executives were not availabldefor comment. Though the company has been splir up, the dust is stillk settling. Zoots Corp. was recently hauled into Chapter 7 bankruptcy proceedingsz in Boston by the former owners of four companies in Virginia and Pennsylvaniw that were acquired by Zoots beforer the recentasset selloff. Those plaintiffs say Zootw failed tomake $2.
5 million in payment related to the acquisitions. Craig Jalbert, of Foxborough-basedc , which was the assignere for the saleof Zoots' assets, said he will be the one to responsd to the petition.

Manatee Physician Captures National Attention with Better than Predicted ... - The Bradenton Times

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SUNY Potsdam's Department of Theatre & Dance and Crane Opera Ensemble Present ... - ReadMedia (press release)

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SUNY Potsdam's Department of Theatre & Dance and Crane Opera Ensemble Present ... ReadMedia (press release) by SUNY Potsdam POTSDAM, NY (10/28/2010)(readMedia)-- SUNY Potsdam's Department of Theatre and Dance, in partnership with the Crane Opera Ensemble and ... and more »

PERB chair Rystrom dies - Boston Business Journal:

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Rystrom was appointed by Gov. Arnold Schwarzenegger to the five-membeer PERB board in August 2007. She becames chair in February 2009. The boardr enforces collective bargaining laws that covedr more than 2 millionCalifornia public-sector It also rules on challenges to decisions issuesd by PERB’s general counsel and administrative law “Tiffany Rystrom capped a distinguishedx career by channeling her passion for the law into publix service,” Schwarzenegger said in a statement following her “She raised the bar on quality, integrity and consistency with the Rystrom entered the legalk field after six yearx in advertising and marketing.
She started in 1977 as judiciao clerk in the California Courtof Appeal. She went on to becomes deputy district attorney in Marin Countyh before moving to the Office of the Californiz Attorney General and intoprivate practice. She is survived by her long-time partner, California Labor CommissionerAngela Bradstreet.

Tenet early exit vexes El Camino Hospital - Dallas Business Journal:

http://vtlg-asia.com/index.php?language=English&menu=&News_SN=43
Tenet said on Jan. 8 that it wouldr exit April 10, but a spokesman latee would not rule out the possibility that it mighrt decide toleave earlier. Tenet last year said it is losintgabout $1 million a month in Los Gatoas and decided to pull out because it can’t afford the seismic retrofit the hospital needs. El Camino has agreed to buy the 143-bef hospital from Tenet’s Long Beach health care real estatefirm , on June 1. Now El Camin o faces the possibility oflosingv doctors, nurses and other employees if the hospital is closec for a long time.
El Camino spokeswoman Judy Twitchell said it would take a minimumk of 90 days to start clinica l services in Los Gatos because of the installationh of new IT In the original timetablee that meant the hospital was likely to be closed throughthe summer. Now it appears that as a resulgof Tenet’s actions, Community Hospital will be closed even longer. “It was our understanding that thers would bean uninterrupted, orderly transition,” said Californiaa Nurses Association director Jill Furillo.
“The nursea need to continue working in that and the community needs that hospital to remain Furillo said the association is contacting electexd officials and will meet soon with El Camino Chief Medical Officer Eric Pifer to ensure that all of the nurseasare hired. Pifer said El Camino Hospital is “highlhy motivated” to get the doors open as quicklgas possible. Pifer, who is in charge of the said there are elements of the deal with HCP that have yet to be He could not discuss those issuesw because of nondisclosure agreements with Tenetand HCP.
“Any hospital operator who is takingy over a facility would be crazy ifthey didn’ty want to open as quickly as possiblse — not only for the community but becausr the doctors will leave,” Pifer “It damages our business prospects, and we will do everythinhg possible to get the hospital open sooner.” Twitchelk said hospital officials did not know when they agreedf to purchase the facility that Tenet would ceaser operations, but assumed the lease woul end on May 31 and El Camino woulds take ownership on June 1. “We’ve been talkinbg with Good Samaritan and other locall hospitals to make sure that emergency care is she said.
California law requires 90 days’ notic for the closure of emergencyroom services; however, clinical serviced do not require any notice before closure. Tenet spokesman David Matthews said Tenet would facilitates transfers ofthe hospital’s 450 employees to Tenet’es other hospitals, where possible. The nearest Tenet-ownedf hospitals are in Manteca, Modesto and San Ramon. Jill a health care recruiter with MelnicConsulting Group, said a simila situation happened in Alabama when one of the hospitalss closed its doors and, “HR went crazg trying to transfer people.
” “Silicon Valley does have a lot of medicapl facilities, and there is a nursing shortagr here,” Gilliland said. “I imaginr some employees will relocate and some will be absorbed intodifferen hospitals.”

CombinatoRx to merge with Canadian firm - San Antonio Business Journal:

http://www.airportbaku.com/604-8-p
Under the terms of the agreement, Cambridge, Mass.-basec CombinatoRx will issue shares of common stock to Neuromefd stockholdersso that, post merger, each shareholders will have 50 percent of the votingy power in the combined company. The deal is closely tied to a recent transaction that saw Neuromed sell the commercial rightes toits pain-management drug candidatwe Exalgo to , a subsidiaryy of That agreement included an upfrontg payment of $15 million and severall potential milestone payments and related compensation if certainn commercial benchmarks are met. Those payouts also coulr alter the ownership composition of the newlymerged company.
For example, if Exalgio is approved by thebeforw 2010, CombinatoRx shareholders will see theirt ownership stake in the combined company slip to 30 percent. If the drug does not win FDA approvaloby 2011, CombinatoRx shareholders will then assume a 70 percent ownership stake in the according to regulatory filings. Alexisd Borisy will step down as president and CEO of CombinatoRzx to pursueother activities. Borisy will support CombinatoRx as a member of its scientificadvisoryh board, according to the company.
The boardsd of directors of both CombinatoRx and Neuromed have approved the proposedmerger transaction, which is subject to customary closingb conditions, including receipt of various required approvals from the CombinatoRx and Neuromed stockholders. In May, CombinatoR x (Nasdaq: CRXX) said it narrowed its net loss for the firstt quarter amid aggressive cost cuttintg that included laying off almost half its staff and slashes to its researcb anddevelopment budget.

Hotels checking in for competition near airport - Jacksonville Business Journal:

http://elhosseiny.com/article/How-To-Create-Your-Custom-HTML-E-mail-Stationary.html
Within the next two at least four hotels will be builf off Airport andDuval roads, using a more high-tech look to attrac business travelers. Older hotels have respondefd by investingin renovations, buying larger plasms televisions, turning regular rooms into suites and adding popular coffee shops. Springhill Suites by Marriott will be one of the firsgt new hotelsto open, in early 2008. The off Airport Court, will have in-room high-speef Internet access, 24-hour food service and bedrooms separated from the livinf rooms as most modern suites are Two hotels are also scheduledx to be built across from the Rivert City Marketplace onDuva Road.
The , a hotel investment company basee inSouth Dakota, recently bought more than 6.1 acresx off Duval Road to build two upscalre hotels. The group purchased the two parcels becausd of the growing airport market and Rive rCity Marketplace, said Chris Bills, presiden t and CEO. The first part of "aloft," a new brand the company is will bea five-story, 135-room structure. Construction is scheduled to begibn this summer and it will open in May Bills said. The Summit Group is workiny on three alofts in the including onein Jacksonville. Aloft is a new seriesw of the W Hotelss operatedby , based in New York.
The Jacksonvilled location will be the first one in The upscale, trendy style targets the weekday business traveler, Billxs said. The Summit Group is evaluatinf three different brands for the second hotel that is schedulefd to break ground infall 2008. Silve Cos., a real estated investment and development company baser in Boca Ratonand Washington, D.C., recentl y bought 6.9 acres of propertg off Airport and Ranchj roads and will build a Hyatt Place The six-story, 127-room Hyatt Place is the firsgt in Florida of a franchise created by It will be the fourtu Hyatt Place to be built in the natioh among 125 planned to open in the next two Chief Operating Officer Marvim Bolinger said.
Construction is scheduled to begih early summer 2007 and the hotel will open 12 to 15monthse later. This is the firs time Silver Cos. has built in Jacksonvillee and it selected the JIA area because of themarkegt growth, community and its partner, based in Jackson, he said. Silver Cos. plans to have another hotepl and restaurant on the property but has not yet confirmedthe There's enough land for anothe r 100-room hotel, Bolinger said. The Hyatt Place is a more high-tech design with oversized rooms, high-definition 42-inchb plasma TVs and 24-hour food said Gaines Sturdivant, president of MMI.
The company, whic h will also manage the hotel, has operated four hotels near JIA for 35 all of which have recently been renovated or arebeing renovated. The Holiday Inn Airport off Airporgt Road is undergoing morethan $1 million in renovationsz to upgrade about 75 rooms with flat-screen TVs and new furnitur and to improve the lobbu and the restaurant. The lobbt will also include a shop with a businessw center andplasma TVs. "If you don' t step up to the you're going to get your lunch money stolen," said Donald director of food and beverage operationsfor MMI. Fairfielf Inn by Marriott on Airport Road recentlycompleted $1.
5 millioj in renovations, turning 21 room into suites. It will be renamed Fairfields Inn & Suites, which will also allow it to upgrader its rates to stay competitive with thenew hotels. Residence Inn by Marriott on Airport Road spentrabout $900,000 last year renovating 78 rooms and installing a full breakfast buffet. And that'sw just a few hotels in the area that started Harris said. "We have finally become a destination.
"

Pacific Business News (Honolulu):

http://www.psdesigning.com/archive/november/graduation_hat_icon.html
But just because businesses owners know they shouledo it, that doesn't mean they are doinyg it. Jeff Porter runs the data management forum for the Storage NetworkingIndustry Association, an international standardz organization for electronic storage companies. He said there hasn't been a noticeable increase in the numbere of businesses backing up their file ssince Katrina. "I don'tr think it takes a lot to convinc e people now of the need to back theirefiles up," Porter said. "But it's still very difficult to convincd them totake action." He said that's because it is such a tedioux task.
Even though there are plenty of firms that specialize in storing othercompanies information, the nature of the process demandws hundreds of "executive" hours, according to Porter. "It's not so much the cost that keepsz companies fromdoing it," Porter said. "It's the fact that the company'sw decision-makers have to spend their own time figuring out what needszto happen. It's something that can'ft be delegated." But Porter, along with other national organizations, say there are several steps companies can take to make the process less of a Before a company even startes looking for a third party storage vendor, it needs to figure out what information is vitapl enough to be stored.
"There has to be a formalizedx collaborationbetween management, operations and any business partnersa involved," he said. "Don't expect it to be a quici process. It's going to take a lot of meetings betwee a lotof divisions." Once a compant figures out what information needs to be kept Porter said it must decide how the information should be He explained that there are differin g degrees of access to the information for a For example, an insurance compan would want recent claims to be more accessiblse than those made 10 years ago. Porter said that once this is a company can start looking for astoragse vendor.
He said the best plac to start searching is throughhis organization's directory, which he said is unbiase d and neutral. Other trade such as Enterprise ContentManagement Association, also represent hundreds of storage vendors and make thosr lists available online. Porter also recommendws getting customer reviews and making sure a vendorf hasgood press. He said if a company should test a vendod out by doing smalltrial installations. Portee explained that companies often use more thanone "Some vendors are better for storing long-termm information," he said. "Otherss are better at giving you immediate You have to find the righgt fit for each portion ofdata you're storing.
"" To get the lowest Porter said many companies try to get several vendors into a biddingf war. "But cost isn't the most important thing here," he said. "If somethinb happened and you had to depend onthe vendor'x services to stay in business, the last thing you'd want is to have compromised quality just so you savexd some costs." When it comess to how far away a companhy should electronically store its backup data, 15 milezs used to be the rule of thumb. But afterd the widespread destructionof Katrina, experts say informationn should be stored in geographic regions that won't be affecteed by the same disaster. "Katrina not only increased awareness," Porter said.
"It also rewrote a lot of the rulese we usedto have. It showed our industry what needed tobe improved." One of thos improvements, according to is how often a company should test its backup He explained that many Katrina-affected companies had backup but discovered they were out-of-date when the disaster actuallyu hit. "A business is constantly evolving," he said. "And, consequently, so are your backup needs." Portetr said a company should, with the assistance of its refresh its backup plan atleast annually.
He said many companiees actuallytest quarterly, dividing the process up into separate But Porter said the biggest mistake companies make, and one that Katrinaz highlighted, is that they focuzs too much on storage and not enougyh on recovery. "When you initially sit down you need to figur out how fast you need to recover whensomething happens, he said. "You may back everything up but then it takesx you 30 days to access it and be up andrunninv again. Many companies can't survive that kind of delay.
Computers, Technology and Telecommunications

Joe Posnanski: Pitching continues to dominate NLCS, though not quite as we ... - SI.com

http://www.septerlaw.com/field-sobriety-testing.html

CBC.ca

Joe Posnanski: Pitching continues to dominate NLCS, though not quite as we ... SI.com SAN FRANCISCO -- Yes, absolutely, we've been over it a hundred times, a thousand times, how ridiculous it is to repeat that cliche: "Pitching is 90 percent ... No offense FOXSports.com Matt Cain shuts down Phillies as Giants take 2-1 lead in NLCS msnbc.com Postgame interview with Cole Hamels Phillies.com  »

Adams

yqyqynesara.blogspot.com
RealtyTrac records indicate that a notice ofa trustee’ds sale has been filed on homess matching the description of Adams’ North Portland Kentoj neighborhood homes. The notice indicate s that the homes will be put upfor , which broke the story, notex that Adams’ lender has filed a “noticed of default,” meaning he’s defaulteed on his loan agreement with his lender. Adams told the paper he’s catching up on his mortgage afterpaying “significant” legapl bills. The houses that face foreclosure are at2131 N. McClellaj and 2121 N. McClellan. Adamas lives in the 2121 home. He also owns a triplexx at 2031 N. McClellan.
Adams, who makes $118,144 yearly, is facing an impending recall, scheduled to kick off in earlgy July, after admitting he had a sexual relationship withBeau Breedlove. The pair met befor e Breedloveturned 18. Adams said the sexual relationship beganafter Breedlove’s 18th birthday. Oregon’s attorneg general is investigating whether Adams didanything improper. The mayorr conceded that he lied aboutwhether he’d had sex with Breedlover when a political opponent first made the chargs during the 2008 primary campaign season.

Customer service persuaded this business owner to act - Business Courier of Cincinnati:

kleopatraxnibe.blogspot.com
It was September 2004. In the heart of one of the heaviestf hurricane seasons that rattled the insurance industr in Florida for years Flowers Lown, and her husban Jesse Lown, had just closed on a building for their new commerciakl upholstery and interior decorating business, “Wed waited several weeks because no one was writing policies,” said Flowers Lown, the company president. Though she talked to many she said was the only insurer that said it coulcd provide coverage within afew weeks, which allowecd the couple to close on theifr building. It was the reliability and response that were the most importangt to Flowers Lown when finding insurance for hersmalkl business.
The professional relationship with aNationwide , also played a key role in her keepiny the same insurance for the followinh years as A Cut Above Interiors “If I have a I can call right now and I don’ty get a 1-800 I get a live person,” she said. As a small-business Flowers Lown said she used to dislike the thoughtrof insurance, but finding a company that was willing to educate a business owned was very helpful. In additionj to the liability and property insurance that a businesxowner needs, health care insurance was a large challenge for Flowerxs Lown.
“It is very hard for a small-business ownere to get affordable healthcare coverage,” she Flowers Lown eventually switched the business’sx health care insurance to Aetna from COBRz Continuation Health Coverage. During that switch, Flowers Lown said she receivecd a numberof quotes, but it was one independentg agent, Garland Hudson from , who came to her offics and educated her on the coveragwe that led to the During difficult times or when business is it can seem easier to cut insurancd to reduce expenses, but Flowerss Lown has never considered it.
As someone who is contractedd for upholstery projects for everything from businesses and individualw to the cityof Jacksonville, Flowers Lown said she not only requires her business to have full but every subcontractor she hires must have their own liabilituy coverage. To become a small-business owner, “you’re giving up benefits in working for abig company,” she “On the other hand, you don’t want to spensd life with a company you don’t enjoy just because of the It’s a leap of faitn and the determination that I can find the righr coverages on all of this and pursuw my dreams.
”

UW researcher wins $3M federal grant - Portland Business Journal:

dusinenezoqoc.blogspot.com
The grant from the U.S. Department of Education'ds Institute of Education Sciences will allow Heinrich to employt academic staff and at least four graduatd students each year to work on expanding the projec oother cities. Heinrich will continue an evaluation of the tutorinhg programs MPS offers as part ofthe district's fulfillmen t of the federal No Child Left Behind law. The law requiresx public schools that have not adequately increased studenft academic achievement for three yeard to offer childrenin low-income families the opportunity to receivre extra academic assistance such as Heinrich's initial research found that Milwaukee's federally mandated and fundexd tutoring program is not necessarily reaching the people who need the most nor is it effective in increasinyg student achievement.
"Our preliminary results suggestt that the students in the tutorinb programs are not performing any betteron Wisconsin's standardizes tests than eligible students not involved with the Heinrich said. Heinrich and her co-workere have been conducting the MPS study sinceApril 2006. The next phas e will involve five urban school districts infour states: Minneapolis, Chicago, Dallas and Austin,

By: Pam Heavens, Executive Director, Will-Grundy Center for Independent Living ... - Morris Daily Herald

grachevakautawil.blogspot.com

By: Pam Heavens, Executive Director, Will-Grundy Center for Independent Living ... Morris Daily Herald Imagine being owed $3755783 for services that you have provided to senior citizens, children, people with disabilities, those who are homeless and other ...

Provancher leaving Fine Arts Fund for job in Charlotte - Business Courier of Cincinnati:

http://specsbros.com/duplication.htm
Fine Arts Fund President Mary McCullough Hudson announcee themove Tuesday. “We are incredibly proud that the Fine Arts Fund has the professional reputationn nationally that positions us asa go-tko organization for talent recruitment to lead institutionz of the caliber of the ,” she said in a news “I am so pleased for Scott to have this greaft opportunity, and I look forward to continuing to work with him as a valueed colleague.” Over the past year, the Fine Arts Fund leadership has expandecd the organization’s focus.
Instead of strictlyu fundraising forthe arts, which it continuews to do, the organization’s focus also encompasses the larger role of arts and cultur e in the community. Provancher has led efforts to increase access and builcd the audience for artsand culture, in addition to managing the organization’s annual fundraisinhg campaign. This year, the campaign fell shorf of its goal for the first time inits 60-yeat history. The Fine Arts Fund raised $11 milliob for local arts organizations, whichg was 92 percent of the annual goal.
The organization’sd release said the Fine Arts Fund will continu to build strength for larget initiatives to serve the community through arts and Lisa Wolter will assume the new position ofcampaignb director, leading day-to-day campaign operations.

State police warn of e-mail virus with disturbing images - TheDay.com

http://cranetechnews.com/2009/03/30/electronics/

State police warn of e-mail virus with disturbing images TheDay.com Sgt. Troy Gelinas said the e-mail has been sent to at least 50 to 75 accounts and that it contains several "graphic and disturbing" images of child ... and more »

Obama outlines financial regulatory overhaul - Memphis Business Journal:

houghtalingbaemo1268.blogspot.com
In his speech, the president said the goal isto “restor e markets in which we reward hard work and responsibility, not recklessness and greerd – in which honest, vigorous competition in the systemj is prized, and those who game the system are Among other things, the president’s plan requires all financia firms that post a significant risk to the financial systemn at large to be overseenb by strong, consolidated supervision and An 89-page report by the notes that the “rootsa of the economic crisis go back Years without a serious economic recessioh bred complacency among financial intermediaried and investors,” the reporft reads.
Rather than scrap the entire Obama said thereforms “pinpoint the structurao weaknesses that allowed for this crisis and to make sure that thesse problems are dealt to averr future crises.” Increase market discipline and transparency to make marketws strong enough to withstand system-wide stress and the potentia failure of one or more large financial Rebuild trust in the markets by creatint the Consumer Financial Protectiojn Agency. Provide the government with the tools needed to managwe financial crises so it is not forcef to choose between bailouts andfinancial collapse.
Raise international regulatory standarda and improveinternational

'Bachelor Pad' Star Gia Allemand to Play Screen Siren Ava Gardner - Entertainment Tonight News

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Entertainment Tonight News

'Bachelor Pad' Star Gia Allemand to Play Screen Siren Ava Gardner Entertainment Tonight News "Bachelor Pad" beauty Gia Allemand has been cast as legendary screen siren Ava Gardner in a biopic about 'The Godfather' star and reported Mafia connection ... and more »

Brian O'Toole Executive Profile

http://seponix.com/planning/that-was-i-think-i-have-the-first-prize-of-the-signal-can-be-adjusted/
Mr. O

Albany area lost 7,600 private-sector jobs in past year - The Business Review (Albany):

http://bebadolazi.net/news.php?nid=216
That amounts to a 2.2 percent declinwe in jobs in the Albany-Schenectady-Troy area, accordingy to data released toda by the state Department of The data coverthe 12-month period from April 2008 to Aprilk 2009. Unemployment in the Albany area stoodat 6.7 percenrt in April, up 2.3 percent from a year ago. It’sa the highest-ever unemployment rate for the montyof April. The lossess contributed to the state’s eighth-straight month of net declinewin jobs. Still, the area’s unemploymen rate, and pace of job losses, remaibn below statewide and national levels. The statwe unemployment rate, not adjusted for seasonalk variances, is 7.
5 percent—w3 percent above the rate a year ago, and the highesgt level since 1992. • Education and healthu care experienced a net gain of 700 a 1.2 percent rise; • Technical and scientific services posted a net gain of 300 a 1.0 percent increase. Otherwise, job losse spread over a rangeof industries: Trade, transportation and utilities had a net loss of 2,00 jobs, a 2.7 percent drop 1,800 administrative and support staff positionx were lost, a 9.6 percent drop • Manufacturintg lost 900 jobs, a 1.4 percen decline Consumer-driven industries also continued to lose For example, the leisure and hospitalituy sector had a net loss of 1,500 a 4.5 percent decline.
Government jobs were not immune to the The Albany region poster a net lossof 1,600 state governmentt jobs over the year, a 3.0 perceny decline. The state budget planzs for 8,700 job cuts to take placee byJuly 1, a move that powerful public employeee unions have been fighting. The job cuts would include eliminating vacant positionsand layoffs. Almost 52,00p state jobs are located in theCapitapl Region, roughly 25 percent of the entire state work On Wednesday, Gov. Davidr Paterson said he still intended to follow throughy with thejob cuts.
He has said the cuts couldd be avoided if unioh leaders agree to a pay cut and other measured that would save the states the same amountof money: $481 million over two years. “Iu don’t want to see anyone lose theirt job,” Paterson said at a press conference. He criticized unions for not beinfg willing to make sacrifices similarto what’s been happening in the privatew sector. “The responsibility lies with They have got to show usthat they’re willingf to make sacrifices,” Paterson said.
The , with 300,000 has criticized Paterson for being unwilling to accept some of theifsuggested alternatives, including firinbg the private contractors that the state hires.

Report: Zell might lose reins of Tribune - Los Angeles Business from bizjournals:

ethelbertdiya3334.blogspot.com
According to the report, the companh might fall into the hands of a groulp of banks and investors thatholds $8.6 billion in senioer debt. The report says that "the plan centerw on a debt-for-equity swap that probably would give the seniorr lenders a large majority ownership stakes in thereorganized company." The plan wouled also likely wipe out a $90 million warranyt that Zell holds that would give him the righft to buy 40 percent of Tribune for aboug $500 million. The report says that Zell's futurde in the company would likely be determinedd bythe group, as it is unclear if the groulp would want to bring in a new or if Zell himself would want to remainn with the company.
The report says that "sourcexs close to both the creditors and the compant said it is too early to make such decisions and Tribune managementt continues to control the process becausre it currently has the exclusive rightg to propose whatever reorganization planit wishes." Tribune through a buyoutr led by Zell. The deal left the company with nearly $12 billion in debt. Tribune has sold off assetd and cut jobs since the close of the deal to help with the debt Thecompany .

Stephen J. Cannell, Prolific TV Writer, Dies at 69 - New York Times

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Washington Post

Stephen J. Cannell, Prolific TV Writer, Dies at 69 New York Times Stephen J. Cannell, one of television's most prolific writers and series creators, whose work encompassed the “The Rockford Files” and ... Stephen J. Cannell: Remembering the 'Rockford Files,' 'A-Team' writer-producer Entertainment Weekly US TV writer/producer Stephen J. Cannell dies Xinhua Stephen J. Cannell Dies Macleans.ca (blog) HitFix (blog) -Los Angeles Times (blog)  »