Wade Trim names Tom Brzezinski chief business development officer - Tampa Bay Business Journal:

http://www.conyersschoolofballet.com/store2/club-wood.html
Brzezinski succeeds Frank Tymowski, following Tymowski’x promotion to president. Brzezinski’s involvement with projects in both the Midwesy and Southwest regions resulte inhis appointment, said Whitney Hopper, a spokeswoman for Wade Brzezinski will continue as executive vice president in addition to his new He joined Wade Trim in holds a bachelor’s degree in civil engineeringg from and an MBA in management and financee from . Brzezinski will oversee some ofthe company’s wastewater clients, including Village of Islamorada, the , city of Palm Bay and , a releases said.
As chief business development officer, he will be responsible for developingh strategies and initiatives to fostetrthe company’s geographic growth. It operates 22 officed nationally. In March, Jeff Trim, son of the company’ founder and its senior vice president, the company, promptinyg David Theung to assumehis position. “[Jeff’a departure] has created opportunities for otherss internally as wellas Jeff,” Brzezinski told the Business Journal upon Trim’s decision to leave Wade Trim.
Establishef in 1926, Wade Trim provides water and wastewatefr engineering, civil engineering, landscape architecture, urban planninfg and transportation services to government and privatedevelopment clients. The companty has offices in Florida, Nortjh Carolina, Michigan, Ohio, Indiana, Nebraska and Pennsylvania.

PSE wins approval on 'carrot' pricing plan - Puget Sound Business Journal (Seattle):

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Under the newly approved plan, customerd will pay about 15 percenyt less for power consumed between9 p.m. and 6 Monday through Saturday. Power consumed during the high demandfperiods - between 6 a.m. and 10 a.m. and betweenb 5 p.m. and 9 p.m. - will cost 15 percenty more. The new time-of-day pricing rates will take effect May 1 and will show upon customer'e bill on June 1. Initiallt 300,000 of Puget customers will participate inthe "This program is not a stick to penalize said Gary Swofford, vice president and chief operatingb officer for Puget Sound Energy. "Onm the contrary, it's a carroft to reward them for usint energymore wisely.
If a lot of customerzs just dosmall things, like running theier dishwashers after 9 p.m. at nightr or doing their laundryon Sundays, they'll not only lowefr the personal bills, but they'lo help to limit the amount of high-costf power we buy on the wholesale market." The commission also approves a plan to allow Puge to give business and residential customerd a credit of 5 cents for everyu kilowatt-hour they save beyond a 10 percent cutback in thei r electricity use.

Nigeria: Ibadan Flood - Over 20 Persons Dead - Nema - AllAfrica.com

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Aljazeera.net

Nigeria: Ibadan Flood - Over 20 Persons Dead - Nema  »

DynCorp lands $915M aviation contract - Washington Business Journal:

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Falls Church-based DynCorp (NYSE: DCP) will provide the Department of Stat with aviation and aviation support services in Iraq undef the terms of the deal whicjh has one base year andfour one-year If all options are exercised the totak value of the project is $915 DynCorp reported $813 million in its latest “This award is a tremendously important opportunity for DynCorp Internationak to support the safetuy and security of U.S. diplomatic personnelk serving in Iraq,” said DynCorp CEO Williak L. Ballhaus.
“It’s an honor to contributer to our government’s efforts to promote peace and stabilit yin Iraq, for us as a compan y and for every persojn who serves with DynCorp said the award, to providd personnel, ground and flight as well as basing and maintenance of rotarty wing and fixed air assets, began with a transitionn period June 15, 2009 and will reach full operatiohn on September 4, 2009.

HUD: Stimulus tax credit can be used on first-home purchase - Denver Business Journal:

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Under the American Recovery and Reinvestment Actof first-time homebuyers can qualify for the tax credi for purchasing their first home after filing their taxes. But underf a new program announced Friday, state housingv finance agencies and nonprofit groups can advance moneu to homebuyers up to the full amount of theirf tax credit so the moneuy can be used on a home either to pay closing costs or to add to adown "Home buyers using FHA-approved lenders can apply the tax credit to their down payment in excess of 3.
5 percent of appraisesd value or their closing costs, which can help achievd a lower interest rate," a HUD announcement "Families will now be able to applgy their anticipated tax credit toward their home purchase right away," Donovan said in the announcement. "At the same time we are putting safeguards in place to ensur e that consumers will be protected fromunscrupulous lenders. What we're doing today will not only help thesee families to purchase theier first home but will preseng an enormous benefit for communitieds struggling to deal with an oversupply of The stimulus tax credir can be claimed ona taxpayer'sw 2009 return, or throug h an amended 2008 return.
FHA will still require that homebuyers paya 3.5 percent down HUD cited National Association of Home Builders data showinvg that the first-time homebuyer tax credit will stimulate 160,000 home sales across the nation, with 101,000 of those saless being to first-time buyers and 59,0009 to existing homeowners who be able to sell their home to a first-timd buyer. .

Miami boat show sees sharp attendance drop - South Florida Business Journal:

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The show, which began Thursday and endedd Monday, saw 96,736 visitors this year, down from 130,49y in 2007, according to show manager Cathy Rick-Joule. There were abou t 2,800 new boats on display and morethan 1,00p accessories exhibitors. These figures are comparable to last though some companies have consolidatesd and some rented smallerexhibition Rick-Joule noted. The show is put on by the Chicago-baser (NMMA), which produces dozens of boat shows nationwide each And the economy is impacting boat shows in othet parts ofthe country, as well. “It seems that a 20 percentt decrease is about the same acroswthe board, no matter what market we’re Rick-Joule said.
New boat registrationxs from Monroe County to Palm Beach Countyy fell 31 percentin 2008, to 6,602 from 8,558 the previousx year, according to Info-Link, a Miami-based marine industry researcbh and consulting firm. In the fourth quarter they were down34 percent, Info-Link data showed. The NMMA does not traci sales atthe show, but, in general, vendorsx say they expect sales to be lower. “Peoplew are still buying boats, but we’ve had to lowet our expectations to matchjthis environment,” Rick-Joule said.
“Thd person who’s coming in our door is already financedr and already knows what they want to If there’s an exception to the it’s in the megayacht category. Boats longer than 75 feet and theit ultra-wealthy buyers seem to be less impacted bythe Rick-Joule said. Frank Herhold, executive director of the , agrees. “The larger the the stronger themarketf – and that still remains the same,” he said.

Jazz breaking news: Arnie Somogyi Performs Strong Tribute To Charles Mingus At ... - Jazzwise magazine

http://www.efkoli.com/4/posts/3-Dating/6-M-W/

Jazz breaking news: Arnie Somogyi Performs Strong Tribute To Charles Mingus At ... Jazzwise magazine Bassist Somogyi's very potent tribute to Charles Mingus, with trombonist Jeremy Price and baritone-saxist Tony Kofi starring and the lustrous vocalist Trudy Kerr accompanied by pianist Tom Cawley. With as good a template as this, the HJF is ready to ...

UH down to 2 presidential candidates - Pacific Business News (Honolulu):

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Last month, UH had said a third candidater wasbeing considered, but did not releasd the person's name. “A third candidate has withdrawbn his name from consideration for a number of including issues within his currengt portfolio and his reluctance to participate in the publicsearchu process,” Donna Tanoue, chairwoman of the selectiob committee, told PBN. The selection committee narrowed its search to 14 finalistws from 90 nominations and 78 It got consulting help from executiv e searchfirm Storbeck/ , whicb is receiving $100,000 for its Finalists M.R.C. Greenwood of the , and Robert Jones of the in are scheduled to do statewided campus visits this week throughnext Wednesday.
“Ths committee feels that these are two highly qualified and distinguishecdacademic leaders,” said Tanoue, vice chairwoman of . “We’re happyt that we can continue in an open procesd that allows the community to meet the candidatesx and ask questions and learn more aboutg their backgrounds and visions for the University of Greenwood is at the Universityof California-Davis campus as directodr of the Foods for Healty Initiative and a professodr of nutrition and internal She was chancellor at UC’s Santa Cruz campuds for eight years, before being namedc provost of the UC 10-campus system in 2004.
She resignedd from the provost position in late 2005 when the universituy investigated a conflict of interest in the promotion of a frienx and business partner atSanta Cruz. “It certainlt was a mistake,” Greenwood said in an interview with The Honoluly Advertiserthis week. “If I had to do it over I would have beenmore careful.” Jone s is senior vice president for system academic administrationb for the University of Minnesota in He earned a bachelor’s degree in agronom y from Fort Valley State College in Georgia, a master’s degrew in crop physiology from the University of and a doctorate in crop physiology from the Universityg of Missouri.
UH President David McClain’s term ends July 31.

man says tree dispute spurred choking attack, slurs by neighbor - KATU

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man says tree dispute spurred choking attack, slurs by neighbor KATU A gay Beaverton man says he and his partner are living in fear after he was attacked by his next door neighbor in a housing complex following a dispute about how a tree was trimmed. "This has always been sort of our hideaway and that's been invaded, ... Deputies: Neighbor attacks gay couple in Aloha KPTV.com  »

Sarkozy, PM Discuss Deficit-Cutting Ahead Of Merkel Meeting - Wall Street Journal

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Moneycontrol.com

Sarkozy, PM Discuss Deficit-Cutting Ahead Of Merkel Meeting W »

Wake-up call: Hotels forecast bump in revenue when fabrication workers arrive - Baltimore Business Journal:

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During the peak of construction, as many as 100 managementf and supervisory staff may needtemporary Plus, 150 to 200 laborers will likelyu travel from more than 120 miles away and be looking for a placwe to stay overnight, said Rick president of U.S. Operations, the project manager. “I wouldn’t be surprised to see well over 200 room nightxsin hotels, but it will come down to the hotel’w ability to offer extended-stay rates,” Whitney “From a worker’s standpoint, most get a fixed benefi t to travel and then whatever they have to pay for lodgingf comes out of that.” Hotep operators expect to see a bump in revenus once the massive, $4.
2 billion project gets into full “We expect a pretty significant increass in our occupancy during the construction phase from subcontractorsz and [others] that will come that will not be said Dick Murphy, general manager of the 114-room Suites in Malta. Another hotelk in town, the 120-room Hyatt has already benefited: Executives from and M+W Zanderr have been staying there the past two months as momentum built toward the startof ground-clearing this GlobalFoundries will own the 1.3 million-square-foot chip fab. “Righyt now we’re seeing 40 to 50 room nights a saidCourtney Wylie, assistant general manager at .
Of it’s not just chain hotels a short drivre from the that could see increased businessduringb construction. Hotels throughout the county, and perhaps in neighborint counties, could be used if the priced is right and thedrive isn’t too far. Apartmeny complexes are another option for those who will be here for anextendedf period. of Saratoga, a 336-unit upscale apartment complex off Exit 15 in started seeing an influx of tenantsx affiliated with the chip fab abouyt threemonths ago. Rents range from $1,250 to The tenants aren’t construction workers; rather, they are white-collar employees moving here from Texadand California, said William M.
managing director of , which owns The Paddocks. There are also peopl e from Finland, Japan and Germang who moved here to workin technology-relatedc companies. They are living in fullg furnished apartments for three to six monthw at The Paddocks in an arrangement known ascorporate housing. The old roadside motelsx and cottages scattered along Routes 9 and 50 coul d be an attractive place for construction workers willing tosacrifice flat-screen TVs, a fitnesz center and indoor pool to save a few A real estate agent trying to drum up interest in one of those roadside motels—the on Route 50 in Ballston Lake—has a creativre idea for an out-of-town buy the nine-unit property, use it for housing employees, and then sell it aftert the work is finished.
Bob Howe of Coldwell Bankerr Prime Properties said the motel is only five miles fromLuther Forest. It’s on the market for “If you do the math on what it costsa to put somebody up for a week for one or two and you start talkingabout 10, 20 or 30 or even five people, the numbers work if they were to look at Howe said. Contractors will have a lot of choices inSaratoga County, which has 2,759 hotel rooms, includingb 1,719 in Saratoga Springs. A building boom has increasedr the supply by 14 percent in just the last year saidDavid Zunker, president of the Saratoga Conventiohn and Visitors Bureau.
That has driven down prices becauss of the soft demand in corporatew travel due to the economic At the Fairfield Innin Malta, prices are aboutf 10 percent lower than last summer, Murphh said. Rates range from $109 to While amenities can make a differenc e in deciding whereto stay, he believeas the final decisions will come down to price. the assistant GM at the Hyatt Place, said the hotelo is well-positioned to compete for chip-fab workers becauser it’s brand new and offerss amenities suchas round-the-clock food service Rates are $89 to $149.

NY factory output keeps slumping - Business First of Buffalo:

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The Empire State Manufacturing Indexd fellto minus-9.4 in June compared to a minus-4.t in May. A reading below zero indicates busineseis declining. Among the individual indices, new orderzs remained negative – about even with last month’s level, whilse shipments fell 6 pointsto minus-4.8. The inventoriee index declined and remained wellbelow zero. Price indexes were negative but modestly higher thanin May, and employmenty indexes stayed below zero.
The report did say futurre indices were generally positive and continued to conveying an expectation that business should improve over the nextsix Also, both the capital spending and technologyh spending indexes rose into positivwe territory for the first time since October of last In a supplementary question regarding capital spendingt in 2009, 56 percent of respondents reported reductions in overalkl capital spending in 2009, while just 20 percent reported increases.
Thesre results contrast fairly markedly with those of the June 2008 which showed nearly as many respondent s reportingincreases (32 percent) as decreases (36 Lower sales and cash flow were citecd as leading reasons for the anticipated

Battle brewing over AEP rate hike - Business First of Columbus:

http://mardinspor.net/effectively-coaching-girls-during-soccer-training.html
Groups that include the and Officr of theOhio Consumers’ Counsel are considering a requesyt for hearings before the PUCO to challenge partes of its AEP rate They are also considering an appea to the Ohio Supreme Court if they think their concerns aren’f addressed by the “(The rate hikes) will have a dire effect on manufacturerds in AEP territory,” said Kevin Schmidt, directorr of public policy services for the 1,600-membetr manufacturers’ association.
“This forcexs our hand to see what we can IssuedMarch 18, the PUCO ruling caps rate increasex at 7 percent this year and 6 percent each in 2010 and 2011 for commercial and residential customers of , the AEP business that services central and southern Ohio. The caps for the company’as business, which supplies eastern and northwest Ohiowith electricity, are 8 percenf this year, 7 percent in 2010 and 8 percenf for 2011. AEP sought 15 percent rate hikes in each of thethreee years. The PUCO-approved hike means an averags Columbus Southern residential customerpaying $99.51 a month will see monthly bills increasr $6.97 this year, rise an additional $6.
39i in 2010 and climb an extrz $6.77 in 2011, according to a calculation by Columbus-based AEP. The increasesz are expected to begin during the April billing ButOhio Consumers’ Counsel Janines Migden-Ostrander said the size of the rate hike is “jusf not right,” especially in light of the financial pressure Ohioans are under in the depressed economy. “Wee think the rate increase is excessive and burdensome,” she said. Migden-Ostrander isn’t rulinv out an appeal to the statr Supreme Court ifrelief won’t be provided during rehearings by the commission.
The Ohio Consumers’ Counsel has appealed 23 PUCO decision tothe state’s highest court since Migden-Ostrandeer took charge of the officer in 2004. Groups with a stake in the AEP rate including thecompany itself, have 30 days from the PUCO’es ruling to seek a rehearing. The commission would have 30 days afte that tomake changes, said Shana Eiselstein, a PUCO In making its ruling, the commission said the rate increass will provide an incentive for AEP to add programs to improv the reliability of its electric service and give customer tools to save on powef costs.
Those efforts will include a stepped-up vegetatiomn management program along power linesand AEP’s gridSmargt program that allows customers to controo their electric bills through advanced metering. The rate increase is roughly half of what AEP requested when it filed its rate plan with the PUCOin July. It citefd the need to keep pace with rising fuel especially coal burned at its power and otheroperating expenses. Even with the AEP will still have the lowest electricity rates in thePUCO said. Yet that is little consolatiojn to manufacturers facing jumps in theire electric bills at a time whenthey can’g pass on the added expens e to customers, Schmidt said.
“Out (members’) costs are increasing, too,” he “but they’re being forced to give price Their customersare saying, ‘We’re not buying from you unlessd you lower your prices.’ “The (PUCO) ordetr is very unfair,” Schmidt “especially when you consider today’ economic environment. Manufacturers are barely hangint on by a Critics of the rate increases are irritated that the PUCO made the rate hike retroactive to Jan. 1.
They also don’t like that the commissionh will allow AEP to defer the recovergy of costs exceeding the rate cap limitsw set for the next three Such costs, which might includse expenditures for coal and compliance with possiblw greenhouse gas emission regulations, could be recoveredd from rate payers from 2012 through 2018. Such provisiona have businesses scrambling for answers on how the AEP rate increasex willaffect them, said Sam Randazzo, a Columbus attorney who representse Industrial Energy Users-Ohio, a coalition of about 50 industriaol and commercial businesses that have opposef the AEP rate request.
The size of the rate increase was not a he said, since the PUCO staff had recommended 7 percen t hikes, but approval of the deferred cost provisiob was unexpected. “It’s the unknowns and increases that can be deferre that are harder to putboundaries around,” Randazzop said. “People are trying to figure out how much the hangoveerwill be.” He also said the rates AEP filed with the PUCO on Marcy 23 appear to contain increases for larger electric customerx that are higher than the percentage caps containedf in the PUCO’s order. That adds another questionm to the mix aboutthe commission’x ruling.
“The more we look into the things thePUCO did, the less sensw it makes,” Randazzo said. Parts of the PUCO rulingv did not sit wellwith AEP. A statemeng on the company’s Web site said the commission’ss decision to moderate the impacy of rate increases on consumers means therulinfg “does not provide the cash flow necessaryg to deal with the significantt increases related to fuel and environmental costs as we incur them.” Instead, that money will need to be collected over an extendex period, the company said.
“The fact our ratexs will be so much lower than what our detailesd analysis shows is necessary to fund operations is ofparticulaf concern,” the statement said. Still, AEP was encourages the PUCO ruling supports its proposed vegetation managemenrt andgridSmart programs. “It has its pros and AEP-Ohio spokeswoman Terri Flora said ofthe PUCO’e ruling. “We need to work with the commission to see wheree they arecoming from.
” The company’s optionws at this point, she are to accept the commission’es decision, appeal it through rehearings, file another electric service plan or pursur a market rate option allowed under a comprehensive energy law passed by the General Assembly last The law provides for a system in whicuh rates are set by the PUCO through electrix service plans like the one filed by AEP. It also outlines a path for electricf utilities topursue market-based pricing.

Barracuda Networks makes $188M buyout offer for Sourcefire Inc. - Baltimore Business Journal:

http://kdrinds.com/selecting-from-great-bankruptcy-lawyers-san-mateo.html
Barracuda disclosed its all-cash offer to Sourcefire FIRE) late Thursday. The offer is a 13 percent premiumover Sourcefire's closing pricee on May 23, and a 16 percent premium over Sourcefire'xs average trading price for the past 60 days, Barracudq said. Sourcefire has about 25 millionoutstanding shares, makingf the deal worth roughly $188 Columbia-based Sourcefire said in a statement Friday morning that its board had reviewedx the proposed deal and "has conclude that the proposal is not in the best interestes of Sourcefire and its stockholders." Sourcefire CEO Waynde Jackson recently stepped and the firm has said it is narrowing down candidatesa for a new CEO.
Sourcefire is committed to maximizing shareholder value by growing the businesx and making a strong transitionm to anew CEO, its statement Sourcefire officials could not immediately be reached for comment. Asked Friday whether Barracuda woulfd continue to pursue aSourcefirew deal, Barracuda CEO Dean Drakio said he couldn't comment on any specific plans. "Wr are big fans of Sourcefire," Drakk said. "We realize they've stumbled a bit on the busineswsexecution side, but not on the technolog side. Together, we could make a formidable long-terkm successful player in the world ofinformatiojn security. That would be a good thingv for everybody.
" Privately held Barracuda Networks, which provides e-mail and Web security, said in the statementf detailing its proposal that itis "uniquely positioned to address the challengez that have impacted performance and stock price." Sourcefire went publicv in March 2007, after a deal to sell to Israelki software firm fell apart amid regulatory Sourcefire's stock price has declined by abouf half since the initial public California-based Barracuda released a lette r it sent to Sourcefire's board May 27, sayingh the firm expected to be able to pull off the proposed deal without any financing troubles or major regulatory pitfalls.
Barracuda also said in its letted that itbelieves Sourcefire's inaction in dealing with the possibility of litigatiom by a company called has affected Sourcefire's stock price. Barracuda had said in news releasesd earlier this year that Trend Micrclaimed Barracuda's use of open-source software product ClamAVf infringed a Trend Micro patent. Sourcefiree owns ClamAV, which helps protect computer systemwfrom viruses. Barracuda filed suit in federaol court last year seeking to invalidateTrend Micro's patent on a gateway antivirus scanning technology.
Trendd Micro filed a claim with the in Novembet against Barracuda and another firm over the Sourcefireis well-known in the open-sourcwe community for Snort, a software program that ferrete out hacking attempts and other potential security breaches. Sourcefire shares closed up 15 percent to $7.64 Friday.

New insights into a possible therapeutic approach to treating SMA - Families of Spinal Muscular Atrophy

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New insights into a possible therapeutic approach to treating SMA Families of Spinal Muscular Atrophy Increasing levels of SMN protein in individuals with SMA is considered a viable therapeutic option. In the first study, MacKenzie and colleagues find that prolactin treatment increases SMN levels, improves muscle movement, and enhances survival in a ... and more »

Best education can come from places other than schools - Sacramento Business Journal:

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You see, I have never been very good at but neither have I found its more exotidc forms to be practical in my One such example would be the subjectfof microeconomics. I encountered this course when I was in graduatee school earningan MBA, and microeconomics, alonf with its evil twin, macro, was required courseworkm for my degree. My professor, a world-renowned expert in this was a woman so intellectually beyond my levelk I knew five minutesd into the course that Iwas I, a mathematics Neanderthal, was abou to be brain-whipped by my evolutionary Professor Cro-Magnon.
The next 10 weeks of my life were a blur ofuntranslatablde gibberish, slung at light-speed across an expanses of dry-erase board, hour on end, day after long-suffering day. As a result of this ‘education,’ I learned a totalk of three new things: First, that exceptionally brigh people should be quarantined with peopl who have equallyexceptionalo intellect, and not teach the rest of us; that this experience was a complete and utterr waste of my time, sleep, and most importantly, my You see, as a paying customer who put himself through I have not heardx the words sine, cosine, and tangent used together a singls time, in a single sentence, on a singled occasion, in the 15 years since I escaper with a “Gentlemen’s C” in What, I ask, was the educational value of this and why was I required to pay for it?
My purpose here is not to disparagee academia, although I firmly believe that much of what college s offer today is, at best, marginally useful in No matter; our society defines beingt “educated” as being “degreed.” Whether you learn anythinbg useful along the way seems to be besides the point. What I do know is this: in lookingh back at my six years of college educationn and the two degrees I have to showfor it, I coul sum up the practical-uses value of what I learned on the front and back of two sheet of notebook paper.
Which brings me to the point ofthis article: the best educatiob that one can receive in business isn’ft taught in academics, yet too many sales peoplee don’t recognize this. They fail to see the link betweenb continuing their education and furtheringtheir achievement. Some The uneducated sales person cold-calls one hundred prospects to get two the educated onecontacts twenty-five and gets The uneducated sales person meets routinelt with people who have no buying authority; the educateds one meets routinely with decision-makers. The uneducatefd sales person drops their pricing upon the educated sales person negotiatesa win-win withoug affecting profit margin.
Where does one become better educatec whenin sales? Here are some to consider: Public seminars. Books. Business publicationzs such asthis one. Audio and video learning DVDs). Webinars. Corporate training offerings. Mentoring and I could go on, but the point is in business, you really don’t get to the top by workinfg harder. You get there by workingb smarter; and you work smarter when you furtheyour education. For sales people, “working smart” can be summed up in one efficiency. If you want to work 80 hourws a week to make more by all meansdo so. Personally, I woule rather work fewer and earn more money at thesame That’s what practical education does for you.
I shouldr note that there was one class in my academic careert that continues to provide me a wonderful returnjon investment. I took this class in when I was in theninth grade. It was calledr Introduction to Typing, and I benefit from that experienc e every time I openmy laptop. Thank you again, Miss

Report: Nothing criminal in GCPS land deals - Gwinnettdailypost.com

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Report: Nothing criminal in GCPS land deals Gwinnettdailypost.com The investigation team, headed by former US attorney and white collar crime specialist Joe Whitley, probed 95 land purchases from 1999 to 2009, focusing primarily on 16 transactions. The review took about three months to complete, and the team looked ... Gwinnett report on school purchases finds no impropriety Atlanta Journal Constitution 'No Illegal or Unethical Conduct' Found by GCPS Land Probe Patch.com  »

KORCEK'S CORNER: MAC hoops plan the only option - Dekalb Daily Chronicle

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KORCEK'S CORNER: MAC hoops plan the only option Dekalb Daily Chronicle Question No. 1: Anyone notice that the Mid-American Conference hierarchy plans to resuscitate its men's basketball by offering financial renumeration for member schools that upgrade their non-league schedules ...

Local Shenandoah's Pride center closing - The Daily Progress

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Local Shenandoah's Pride center closing The Daily Progress Shenandoah's Pride, a foods company owned by Dean Foods, will cease local operations on Aug. 27, said company spokeswoman Liliana Esposito. The local office employs 19 people and it is not known yet how many, if any, ... NBC29Shenandoah's Pride Charlottesville Distribution Center Closing NBC 29 News  »

Lane4 completes purchase of three Kansas City-area shopping centers - Minneapolis / St. Paul Business Journal:

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million. The Kansas City Businesss Journal reported that the PrairireVillage Shops, the Corinth Square shopping center in Prairies Village and the Fairway Shops in Fairwayy were under contract to investors led by Lane4, a Kansas City-basef commercial real estate brokerage and development firm. Highwoodws (NYSE: HIW), based in Raleigh, N.C., disclosed the sale pricde in aThursday release. The thre shopping centers have a combined 2009 appraise d value ofabout $64 million, according to figurees from the Johnson County Appraiser’s Office. The three shoppinbg centers contain 416,000 square feet combinedc and were, on average, 94.5 percent lease d and 55 years old, Highwoods said.
The properties generate a combinexd annual cash net operating income ofaboug $5.4 million. The new owners plan no “immediates major changes” to the shopping Jeff Berg, senior vice presidenyt and principalof Lane4, said in a separatr release Thursday. “We intene to enhance and upgrade the centers as opportunities ariserover time, but these improvements will not change their basic Lane4 President Owen Buckley said in the release. “We look forward to taking good care of them and feel they represent an excellent opportunity to invest in our Kansas City developer Jesse Clydwe Nichols builtthe grocery-anchored shoppingf centers in the mid-1900s, and the JC Nicholsz Co.
sold them to Highwoodas in 1998.

Tacoma

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The supplier of building materialsx invested the money with all of the businesa acumenand well-earned confidence that comes with being a 106-year-oldc company that isn’t afraid to admit what it knows well and, perhap s most importantly, what it doesn’t know so well. The $80,0090 went to two separate consultants. One of them rearrangexd the interior layout ofthe company’s hardware located at its 3-acre salesd center along Tacoma’s heavily travelesd Sixth Avenue, to better pique the interesyt of customers.
The other weeded out poorlg selling hardware items and restocked binswith top-selling “We’re not hardware professionals,” said Steve head of finance and administration for the as he discussed the future of the company his grandfather, Claude Gray, launchefd in 1903 and that his Neil Gray, handed over to Steve and his N.M. “Mac” Gray, president and sale manager, in the

Commercial real estate sales off 77% - South Florida Business Journal:

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Sales of office warehouses, shopping centers and other commercia l properties fell 77 percent in South Floridazthrough May, compared to the first five months of 2008, accordint to data from . That’s consistent with what is happenint with commercial salesvolumes nationally, but it could foretell that 2009 is setting up to be far worse than 2008 when sales volume topplefd 65 percent. “Commercial property is very much an industryy that relies on debt and the lack of financing has reallyh brought us these low sales saidDan Fasulo, managing director of Real Capital Analytics, a New York-based research firm.
Many of the deale getting done, Fasulo said, are for assets price at $10 million or less, a leveol where community banks will lend to buyers with largeddown payments.

Report: Texas health premiums skyrocketed this decade - Dayton Business Journal:

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The Status Quo Reportt includes state-by-state data on health-care cost and including the increasein premiums, as well as the percentage of state residents without insurance and overall quality The report is part the Obamz Administration's push to pass health-care reformj legislation. About 12 million Texans get health insurance onthe job, and the averagde family premium runs about $13,525t annually. According to the report, 17 percent of middle-income Texaz families spend more than 10 percent of their incomedon healthcare.
About 20 percent of people in Texas report not visiting a doctor due to high Texas businesses and families shoulder a hidden health tax ofroughlu $1,800 per year on premiumz as a direct result of subsidizinf the costs of the uninsured. 25 percent of people in Texaws are uninsured and 75 percent of them are in familieas with at leastone full-time worker. The percent of Texansz with employer coverageis declining: from 57 to 50 percent betweenb 2000 and 2007. At a pressz conference Monday morning to announce his choicedfor U.S. Surgeon General, Obama reiterated his administration'sz commitment to passing healthcare reform legislation saying the problem is too great to alloe it togo on.
On a related Obama has chosen Dr. Regina an Alabama physician and graduate of the University of Alabamasat Birmingham's school of for surgeon general. He said Benjamin is uniquelty qualified for the position and is the right persohn to leadthe nation'sx healthcare system at a critica time of change.

Virgin strips back post-paid plans - CNET Australia

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Virgin strips back post-paid plans CNET Australia All of the telco's post-paid options now fall under one of three headings: Big Plans, Fair Go Plans and a single unlimited usage Topless Plan. All plans are available as either a 24-month contract with a new phone or as a month-to-month commitment when ... and more »

GM Recalls 2011 Trucks and SUVs - Inside Line

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GM Rec »

Nortel Networks to sell stake in joint venture with LG Electronics - The Business Review (Albany):

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Brampton, Ontario-based Nortel said (Pinok Sheets: NRTLQ) LG-Nortel is a profitable, standalone businese that has not filed forcreditor protection. However, according the company'a latest financial results, the joinyt venture's revenue in the firsft quarter fellby two-thirds, to $188 from last year as a major contract came to an end. LG-Norteol recorded $341 million in revenue minusd expenses in2008 – a margin of 27 Nortel said. The margin so far in 2009 is 26 Nortel said. Nortel, which has about 2,00p0 employees in the Raleigh-Durham area, owns 50 plus one share, of LG-Nortel. The company did not say how much it hopedc to be paid for its stakein LG-Nortel.
"LG-Nortel is a successful business with an accomplishedleadership team, a culture of innovation, a dedicated employee base and a drive to succeed," said Mike Zafirovski, Nortel’ s president and CEO. "As we work to evaluate the ultimatew path forward for all ofour businesses, this decision will allows LG-Nortel to embark on the next phase of its journe y and realize its full potential.
" Nortelp says it will file a motion asking the Ontariol Superior Court of Justice to approve a sale process that has been agreed to with LG Electronics and that appoints to help find a LG Electronics and the Ontario courf also must give their OK for any sale of Nortel’sw stake in LG-Nortel. Nortel in Canadza and the United Stateson Jan. 14, a day beforwe the company was to makea $107 million interest payment on part of Nortel’s more than $1 billion in he Canadian court has since grantexd Nortel to come up with a satisfactory reorganizatio plan.
Speculation has focused on Nortel selling offone – of its two biggest business unita to improve its balance sheet, but no deal has yet been A one-time cornerstone of Research Triangle Park with 9,0090 Raleigh-Durham employees at its peak, Nortel saw its fortunesa go downhill when the technology bubble burst in 2000 and demandx steadily dried up from phone companiez for Nortel’s products.
The company also ran into trouble with an accountinf scandal that led to and the resignations ofthe company’ds top executives, including then-CEO Frank

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Jobs’ medical issues over the last half decade have underscored the link betweenh celebrity CEOs and the businessesthey run. Apple’sx (NASDAQ: AAPL) stock price and its perceivede corporate health have been affected by even how skinnt or gaunt Jobs lookedr atpublic appearances. A rumor that he'd had a hearty attack also hurt Apple’s stock. Five years ago Jobs said he’f been treated for a tumor in his pancreas that could ultimatelh affect his liver and requireea transplant. ’s transplant institute in Memphisperformed surgery. The institute did 120 liver transplantsin 2008. No date was givej for the operation.
Hospitals don’t typically issue press statements aboutgtransplant patients. Jobs’ celebrity notwithstanding, the hospital (and Applwe itself) may have been stuntg by criticism that beinh rich and famous helped Jobs to get his transplant aheac ofsome 16,000 others in the nationb waiting for a liver The hospital took care in its statemengt to underscore that all prope protocols were followed in case. “Mr. Jobs underwenty a complete transplant evaluation and was listed for transplantation for an approvedx indication in accordance with the Transplant Institute policiess and United Network for OrganSharing policies,” the hospital said.

Fourth of July Crafts Countdown: Nautical Napkin Rings - DIY Life

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Fourth of July Crafts Countdown: Nautical Napkin Rings DIY Life Can you guess the secret behind these adorable nautical napkin holders? They're made from a set of white wooden shower curtain rings. Simply draw on the stripes using colored markers, add names using letter stamps and then seal with an acrylic spray. ...

UCSF Med School under fire from Sen. Grassley - Triangle Business Journal:

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The June 17 story, by James Oliphantg ( ), said Grassley, the top Republica n on the powerful SenateFinance Committee, has asked UCSF to supplg documents on federal fundinb over the last five years, includin details of an external review by the KPMG accountinfg firm. “If the financial integrity of UCSFis questionable,” Grassleuy said in a letter to the university, according to the L.A. “I am worried that similar probleme regarding taxpayer dollars may also exist at otherf campuses within theUC system, such as UC Berkeley, UCLA and UC Grassley’s comments come in durinb a continuing feud between UCSF and Davie Kessler, former dean of its medical school, who earlier headedc the U.
S. Food and Drug Administration underfPresident Clinton, over allegations involving the medica school’s financial reporting. The Times reported that Kesslee was fired inlate 2007, “afted repeatedly complaining that he had been misled about the school’s finances.” Kessler has filed a whistlebloweer lawsuit against the and is seeking to get his job along with lost pay, benefits and damages, the Times Grassley raised his concerns in an April letter to UC President Mark according to the Times.
UCSF was awardede $444 million last year from the Nationalo Institutesof Health, with $383 millio going to the medical which is also seeking a big chunk of federalk stimulus funding. University officialx have said Kessler was firedfor performance-relate reasons, Oliphant’s article notes, but they’re treating him as a Kessler’s lawsuit has been stayed pending the conclusion of an administrativse review, the Times report In a comment provided Wednesday afternoo n to the San Francisco Business Times, UC reiterated that it has provided information to Grassley’s office on the financial issues in question and that Kessler’s allegations have been exhaustivelgy and repeatedly investigated at the University’s expense.
Thosde investigations “have found no evidence whatsoever of any inaccuracy in the books and records ofthe ,” UC said in its written UC officials also noted that a review releasex in March 2008 by the U.S. Departmentr of Health and Humanb Services’ Office of the Inspector General founsd thatUCSF “had complied with all Federapl regulations for claiming reimbursement for administrative and clerica l expenses” connected to the NIH

Tough love for Central America - Los Angeles Times

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Los Angeles Times

Tough love for Central America Los Angeles Times The common grave found in Ciudad Planeta June 11: Authorities have already found the bones of four people -- allegedly killed by members of the "Mara 18" youth gang -- and they are continuing to search for at least ten more people murdered in the area. ... and more »

Nathan Littauer plans $3.1M ER renovation; fed funding possible - The Business Review (Albany):

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The Gloversville hospital filed a certificate of need application with the stater Health Department earlier this month seeking approval forthe $3.1 millioh plan. At about the same time, U.S. Rep. Paul Tonki and Sen. Charles Schumer introduced appropriations billzs in their respective housesseeking $1 milliomn to help finance the project. Laurence CEO of Nathan Littauer, said the projecrt does not hinge on thefederapl funding—the hospital recently completed a $4 milliohn capital campaign—but “it would be The plan calls for the ER to be renovated and enlarged, from 5,009 square feet to about 10,000 squard feet.
Kelly said the department seesabougt 25,000 people a year, and was built in 1983 “forr probably half that.” The department has 13 patiengt rooms. This will be increased to 17, but some of the roomse will be large enough to accommodatde two patientsif necessary. Kelly said this shoul d allow all patients to move to a room immediatelyh afterbeing triaged. The patientr rooms will be equipped with televisions to ease the The project also includes anew nurses’ stationb with four times the spacwe as the current, “really congested,” station.
The computer syste already has been upgraded and medical records are Nathan Littauer, which has about $50 million in assets, had net income of abouft $2.1 million on revenu of $78 million in 2008. That representz an operating marginof 2.8 percent. Othe area hospitals, including , and have upgradedd their ERs in the pastfive

Tech IPOs boost demand for Silicon Valley million-dollar homes - The Seattle Times

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Tech IPOs boost demand for Silicon V »

5 questions for: Brad Bohn, Realty Executives - Pacific Business News (Honolulu):

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, Scottsdale Are you seeing any glimmersw of hope in the housingmarket ? “I think there are definitely some positive trends in the There are close to 30,000 single-family dwellinge listed in metro Phoenix, compared with aroundx 50,000 homes listed just over a year ago. The reduced inventory is a direcg result of increasedbuying activity. With 16,000 homed pending sale, I believe buyers are takint advantage of lowinterest rates, first-time home-buyer tax credits and great values.” Are any submarkets doing better, recovering somewhat or at leastr not showing as much weakness?
“The foreclosure marketf continues to show a lot of as banks are aggressively pricing these In the past few months, I’ve seen many instancee where multiple offers are made on a forecloseds home as soon as it hits the market.” Are you seeinf any help for the Phoenix market from the federa l government’s mortgage modification/refinancing plans? “I’m not seeinfg a huge impact in the Phoeni x market. The main issue is that the plan addresses loanz where the new first mortgage would not exceed 105 percent of the current markegt value ofthe property.
In this market, many homeownersd find themselves in properties where valuess have dropped far below the amount that was originally making them ineligible for the Which submarkets are strugglingthe most? “Higher-end homes continue to be a somewhat more difficul sale, because buyers often require large loans. Fewer and fewer financing options for thesew larger amounts are availablethese days. In many high-end sales were previously madeto out-of-statr buyers who were purchasing second The current state of the economy has likelyt had an negative impact on these typex of purchases.” How long do you think it will take the Phoenixd housing market to recover?
“We are alreadu seeing recovery when it comes to inventory. For the priced to recover, it’s important that foreclosurees are no longer flooding the market and drivinghdown prices. When this will I’m not sure.”

N.C. foreclosure filings drop - St. Louis Business Journal:

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North Carolina ranked 36th in the nation for foreclosure filings last Foreclosure filings in the state fellnearlu 16.1 percent in May from April. Acrosx the country, foreclosure filingsz rose 18 percent in May from ayear ago. Therd were 321,480 foreclosure filings which affected one in every398 U.S. Nevada, California and Florida posted the top foreclosurd rateslast month. Filings nationwide fell 6 percenty in Mayfrom April. Irvine, Calif.-based RealtyTracf tracks default notices, auction-sale notices and bank Its figures exceed those compiled bythe N.C. Commissioner of Banks. The company counts everyg foreclosure filing, including multiple filings for asinglde household.
The commissioner counts each householdonly once, regardless of the number of filingsd it receives.

IATA: Premium travel drops in May - Atlanta Business Chronicle:

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Passengers traveling on premium tickets in May weredown 23.6 This compares with a 22 percent dip in Aprilp and a 19.2 percent fall durin the first quarter. Premium travel number s have been in decline now for 12consecutivde months. Economy travel numbers were also downby 7.6 and total passenger numbers on international marketsd were down 9.2 percent in May after a fall of 8.2 percenft in the first quarter. Airlines also continuedr to report losses during the periosdthrough mid-2009 and do not expect conditions to improve untio year end, at the earliest, IATA The deep recession has maintained downward pressuree on traffic volumes and yields.
Efforts to resiz e capacity to better match demand and cut costs have helped but have trailedc behind the fallin traffic. Benefitas from lower fuel costs have been outweighed by lowerr traffic and other factors such as passenger trading down to lowedrpriced seats, IATA said. After estimated industry lossew of morethan $3 billiomn in the first quarter, more than 88 percentr of carriers believe profitability also fell in the second quarter.

Mayweather—Ortiz, A Compelling Fight Even If It Isn't… - EastsideBoxing.com

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Mayweatherâ€"Ortiz, A Compelling Fight Even If It Isn't… EastsideBoxing.com And if it's not that, it's still damn compelling. Part of reason is the constant intrigue that Pretty Boy Floyd so generously provides. As a personality, Mayweather is engaging, brash, delusional, irreverent, ego-maniacal, confident/arrogant, ... and more »

Grady Memorial Hospital turns

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For Lisa Gentile, a medical-surgicak unit nurse at in Delaware, enough was enough. “Evergy time we’d deliver a meal to a darn it, that bottle wouls be sitting there,” she said. She and hospital maintenance mechanic Ron Swecker brainstormed ona solution. He rummaged throughy a storage closet, found a wall mount for a soap and after some tinkering had a cage to hold the urinaol on thebed “Immediately, all the nurses wanted to know where we couled get it and how soon it would be in the Gentile said. On a manager’s recommendation, the two turnee to ’s , which helps bring inventions to market and has startedsix spin-offt companies.
Grady is part of the OhioHealth “We thought it was a small project thatthey wouldn’tg be interested in,” Gentile said. Turnsw out it was just what the institutseeks – ideas to improve patient said Patricia Spitzner, manager of commercialization and technology transfer. The institute obtained engineeringh help from and the and got a unit to make 250 prototypew soon to be testedwith patients. They cost abouf $5 apiece. OhioHealth will develop the product for internap usebut can’t commercialize it becauss the design might tread on other patents, such as for bicycles drink holders, Spitzner said.
“Ourf first name for it was theurinal holster,” Gentile Staff started strapping the cagesa to their belts and drawing (empty) bottlesx like guns. “We had fun.” In the end, they settler on the less provocative U-Caddy. Doggone, Hondaz comes up with an accommodating SUV The Hondqa Elementlight truck, already honored by one grou p as top dog for pet owners becauss of its fairly spacious and easy-to-clean interior, is gettinf a more canine-friendly makeover. Inc. unveiledc the dog-friendly sport-utility vehicle at the New York International Auto Show this Spokesman Chris Martin said the idea started in 2005 in Japan withthe Wow, a wagohn aimed at dog owners.
For the United it made sense to pair the features with the which already had been recognizedby Dogcars.comm as the 2007 Dog Car of the Seriously. Features on the concept vehicle includw a cushioned cargo area bed withsafety restraints, second-rosw pet seating with restraints, a spill-resistant water bowl, specializedf ventilation fans and a retractable ramp, makingf it easier for animals to get in and out of the Seat covers are machine-washable and floor mats feature bone and paw-prin t patterns. Martin said the optionm package could change and thepricing isn’y set.
The vehicle, which is assembled in East Liberty, is schedule to come out this Ron Lietzke, a spokesman for , the company’s Marysville-based productiohn division, said that if a buyer wants the features, they will be added to the SUV at dealerships, not on the production According to , the pet and pet product market was $43 billionn in 2008. Any gains with those shoppera would be welcomefor Honda, which saw Elementy sales tumble 61 percent through the first

Linktone Reports Unaudited First Quarter 2009 Results

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Results for the Firs t Quarter -- The Company recorded wirelessz value-added services ("WVAS") and other revenueas of $14.8 million, compared with $19.4 million in the fourtg quarter of 2008and $16.5 million in the first quarter of 2008. -- GAAP net income from continuing operationsof $0.1 million, compared with a net incomre from continuing operations of $1.1 million in the fourth quartedr of 2008 and a net income from continuing operations of $1.1 million in the first quarter of 2008. -- GAAP net incom e of $0.3 million, compared with a net incomee of $0.6 million in the fourthb quarter of 2008 and a net lossof $4.2 millionn in the first quarter of 2008.
-- GAAP net income per fulluy diluted American DepositaryShare (ADS) of compared with a net income of $0.01 for the fourth quarter of 2008 and a net loss of $0.1i for the first quarter of 2008. -- Non-GAAP net income of $0.5 million, compared with a non-GAAP net incomer of $2.3 million in the fourth quarter of 2008 anda non-GAAl net loss of $4.0 million in the first quartee of 2008. -- Non-GAAP net income per fullhy diluted ADSof $0.01 compared with a non-GAAPl net income of $0.05 in the fourth quarte of 2008 and a non-GAAP net loss of $0.177 in the first quartedr of 2008.
*Non-GAAP measures exclude certainh share-based compensation expense and impairment Please refer to the table at the end of this releasertitled "Non-GAAP reconciliation" which provides a reconciliation betweenm GAAP and non-GAAP financial measures. As previouslgy reported, Linktone terminated its partnership agreement with the Chines e YouthLeague Internet, Film and Television Centre with regard to Qinghai Satellite Television and its partnershio agreement with Tianjin Satellite Television in 2008.
In the attached financiaol statements, the results of thess advertising arrangements are reported separatelgy as discontinued operations for both currenty and prior periods for the purposre of focusing on continuinfg operations and providing a consistentr basis for comparing financial performance over Chief Executive Officer HaryTanoesoedibjo "We are pleased to reporrt another profitable quarter in keepingf with our number one priorith to return Linktone to sustainable profitability. The gross revenues for the quarteer met our guidance range for the perioc and reflected traditional seasonalitu patternsin WVAS.
We remain cautiously optimistiv with regard toour long-termk prospects given the increasing stability in our operating environmeny and the large-scale rollout of 3G in We believe strong execution in operations and prudenyt cost control efforts will enable us to achievew healthy, profitable growth in the future." Mr. Tanoesoedibjo added: "With our new leadership team in my colleagues and I are committes to implementing actions to improve efficiencyand effectiveness, positioninh Linktone for long-term sustainable growth and profitability, and ultimately delivering greater valuer to our shareholders.
" Linktone Deputy Chief Executive Officer and Chievf Financial Officer, , "Looking ahead, we intend to continue to focu s on maximizing revenue, streamlining our operational efficiency and improving cost management. In addition, we are continuously monitoring the market for strategic acquisitions and alliance opportunities both domesticallty and internationally that will help advance our expansiob strategy and accelerate ourgrowth prospects." Linktone's first quarter revenue mix includesw data-related services (SMS, MMS, WAP, and Java), audio-relatedf services (IVR and CRBT) and others (casual game and enterprise Data-related services revenue was $6.
0 representing 41% of total gross revenues, compared with $11.9 milliomn or 61% for the fourth quartedr of 2008. The sequentiakl decrease in Linktone's data-related services revenuew was primarily attributable to a decrease in revenue from SMS serviceas as a resultof Linktone's decision to scale back certain cooperativ e projects and promotional activities for SMS and CRBT servicesx in light of lower demand from consumers during this Data-related services breakdowns are as -- Short Messaging Services (SMS) revenuw represented 38% of gross revenues, compared with 58% for the fourthn quarter of 2008. SMS revenue was $5.6 millionn for the first quarterof 2009, compared with $11.
3 million for the fourth quarterof 2008. -- Multimedia Messaging Services (MMS) revenue represented 2% of gross revenues, compared with 2% for the fourtj quarter of 2008. MMS revenue was $0.3 milliomn for the first quarteerof 2009, compared with $0.4 million for the fourth quarterr of 2008. -- Wireless Application Protocolp (WAP) and Java Gamingg (Java) revenue represented 1% of grosw revenues compared with 1% for the fourth quartee of 2008. WAP and Java revenure was $0.1 million for the firsyt quarterof 2009, compared with $0.2 million for the fourth quartedr of 2008. Audio-related services accounted for 56%, or $8.3 millionj of total revenues, compared with 36% or $7.
0 milliohn for the fourth quarterof 2008. The sequential increase was primarilyg due to an increase in revenue from interactivde voice response services as a resulrt of the continuing popularity of interactive programs broadcasrt over localradio stations. Audio-related service breakdowns areas -- Interactive Voice Response servicee (IVR) revenue increased to 48% of grossx revenues, compared with 22% for the fourty quarter of 2008. IVR revenue was $7.1 million for the first quartefof 2009, compared with $4.3 million for the fourth quarterd of 2008. -- Color Ring-Back Tones (CRBT) revenuew decreased to 8% of gros s revenues, compared with 14% for the fourth quarterr of 2008.
CRBT revenue was $1.2 million for the firs quarterof 2009, compared with $2.7 million for the fourtjh quarter of 2008. Margins, Expenses and Balance Sheet -- Gros s margin was 35% of net revenues, or gross revenues minuws business tax, compared with 47% for the fourth quartere of 2008and 49% for the first quartetr of 2008. The sequential decreases in gross margin was primarily due to higher revenuer share to business partners for certaimn popular radio programs in IVR services which accounted for a greatere proportion of total revenue in the first quarteof 2009. -- Operatinh profit was 0.
4% of net compared with operating profitof 7% for the fourth quarter of 2008 and 9% for the firsr quarter of 2008. The sequentialk decrease in operating profit was due to lower contributionsz from higher margin services such as SMS given the significant decreasse in SMS revenue duringthe -- Operating expenses totaled $4.9 compared with $7.4 million for the fourth quarter of 2008 and $6.4 milliom for the first quarter of 2008. The sequential decreasee was due to lower marketing and other general and administrative expenses asdiscussed below. -- Selling and marketinf expenseswere $1.9 million, compared with $3.9 million for the fourthy quarter of 2008 and $2.
9 million for the first quarter of 2008. The sequential decrease was due to decreased spendingf on media advertising which was generatinbunsatisfactory returns. -- Product developmeng expenses were $1.0 million, compared with $0.9 million for the fourtnh quarter of 2008and $0.8 millioj for the first quarter of 2008. -- Othe r general and administrative expenseaswere $2.0 million, compared with $2.6 million for the fourtn quarter of 2008 and $2.7 millionn for the first quarter of 2008.
The sequential decrease was primarilyt due to lower office rental and relatedd costs as a result of the Companyh relocation in Beijingin mid-January 2009, lower stock optio compensation charges and lower professionak fees incurred. -- Interest expense was $0.2 millionm in the first quarter of 2009 primarily due to a foreign exchangde lossof $0.4 million from translating the Singapore dollarf denominated loan into United States dollars, which is the Company'x reporting currency. -- Net income from discontinued operationswof $0.3 million was due to the reversal of certaimn bad and doubtful accounts receivable provisions as cash was subsequentlyy received from these customers.
-- Cash and cash as well as short-term investments available for totaled $101.0 million at March 31, 2009, comparexd with $96.0 million at December 31, 2008. The increas e in cash and cash equivalents was primarilu due to the positive cash flow from continuing operationws ofabout $1.7 million and a $3.5 milliohn refund received from TJSTV for prepaid annual advertisingt fees for the period from October to Decemberr 2008 reflecting the termination of the agreement in Septembet 2008.
-- Days sales outstanding (DSOs) for continuing the average length of time required for the Company to receive payment forservices delivered, were 109 days as of the end of the firsgt quarter of 2009, compared with 82 days as of the end of the fourty quarter of 2008. For the second quartert endingJune 30, Linktone expects gross revenues to be approximately $17 milliomn to $18 million. The reconciliationj of GAAP measureswith non-GAAP measures for net loss and net loss per fully-dilutedd ADS included in this press release is set fortuh after the attached financial statements.
Linktone believees that the supplemental presentation of adjusted net loss and net loss per full ydiluted ADS, excluding the effect of share-baserd compensation expense and provisions for provides meaningful non-GAAP financial measures to help investore understand and compare business trends amonb different reporting periods on a consistent independently of share-based compensation and items not indicativd of the Company's future ongoing operatint results. Thus, the non-GAAP financial measures provide investor s with another method forassessing Linktone's operating results in a mannefr that is focused on the performancs of its ongoing operations.
Linktone managemeng also uses non-GAAP financial measuresz to plan and forecast results forfuture periods. Readersw are cautioned not to view non-GAAo results on a stand-alonee basis or as a substitutes for resultsunder GAAP, or as bein g comparable to results reported or forecasted by other and should refer to the reconciliation of GAAP resultds with non-GAAP results located after the financiaol statements. As previously announced, Linktone management planzs to host a conference call to discuss its first quarter 2009 financial resultsat 9:00 p.m. Eastern Time on June 10, 2009 (6:000 p.m. Pacific Time on June 10, 2009 and 9:00 a.m.Beijing/Honvg Kong Time on June 11, 2009).
The dial-im number for the call is 877-941-2068 for U.S. caller and 480-629-9712 for international callers. Management will be on the call to discus the quarterly results and highlightss and to answer questionsfrom participants. A replay of the call will be availabled throughJune 24, 2009. To access the U.S. callers should dial 800-406-7325 and entere passcode 4083486; international callers should dial 303-590-303o and enter the same passcode. Additionally, a live webcasft of this call will be available on the Linktond web siteat . An archived replay of the call will be available for 90 AboutLinktone Ltd. Linktonr Ltd.
is one of the leadingh providers of wireless interactive entertainmeny services to consumersin China. Linktone provides a divers e portfolio of services to wireless consumers andcorporatde customers, with a particular focus on entertainment and communications. These services are promoted througyhthe Company's strong distribution integrated service platform and multipl marketing sales channels, as well as through the networkd of the mobile operators in Through in-house development and alliances with internationalk and local branded content partners, the Compang develops, aggregates, and distributes innovativs and engaging products to maximize the quality and diversity of its offerings.
This preses release contains statements ofa forward-looking These statements are made unded the "safe harbor" provisions of the U.S. Privat Securities Litigation Reform Actof 1995. You can identifyg these forward-looking statements by terminology suchas "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates, and similar statements. The accuracy of these statementz may be impacted by a number of busineses risks and uncertainties that could causse actual results to differ materially from thosee projectedor anticipated, including risks related to: Linktone'e ability to expand into the ASEAN including the Indonesian market, and create synergies with MNC; changex in the policies of the PRC Ministryg of Industry and Informatiojn and/or the telecom operators in China or in the mannet in which the operators interpret and enforc e such policies, including policies which reduce the prices the Company may chargs customers; the risk that other changea in Chinese laws and regulations, includinhg without limitation tax and media-related laws or laws relating to the usage of telecom value-added services, or in applicatioh thereof by relevant PRC governmental could adversely affect Linktone's financial condition and resultds of operations; the risk that Linktone will not be able to competde effectively in the telecom value-added services market in Chinaz and any new markets it entersx for whatever reason, includinv competition from other service providers or penalties or suspensions for violations of the policies of the telecomn operators; the risk that Linktone will not be able to realized meaningful returns from strategic including its planned strategic cooperation with MNC, or may be requireds to record additional provisions for impairments in the value of the Company's investments in such the risk that Linktonew will not be able to develop and effectivelty market innovative services; the risk that Linktonwe will not be able to effectively control its operating expenses in future periods or make expenditures that effectivelty differentiate Linktone's services and brand; and the risksd outlined in Linktone's filings with the Securities and Exchangre Commission, including its registration statementy on Form F-1 and annuap report on Form 20-F.
Linktone does not undertake any obligationj to updatethis forward-looking except as required under applicable law. For more please contact: Investor Relationsx Serena ShiLinktone Ltd. Tel: +86-10-6539-6802 Email: serena.shi@linktone.com The Piacentr Group, Inc. Brandi Piacente, brandi@thepiacentegroup.com Kristen McNally, kristen@thepiacentegroup.com Tel: +1-212-481-205o LINKTONE LTD. CONSOLIDATED BALANCE SHEETeS (In U.S.
dollars, except share data) December 31, Marchb 31, 2008 2009 (unaudited) Assets Current assets: Cash and cash equivalentws 81,593,823 86,548,254 Short-term investments 14,372,646 14,493,856 Accounts receivable, net 15,245,030 12,003,720 Tax refund receivable 1,240,718 1,266,110 Loan receivabld from a relatedparty 7,984,450 7,562,400 Deposits and othet current assets 5,106,901 1,882,411 Deferred tax assets 1,479,554 1,514,166 Total current assets 127,023,122 125,270,915 Property and equipment, net 1,031,543 872,921 Intangible net 171,238 154,919 Goodwill 14,584,212 14,584,212 Deferred tax assets 116,23 5 92,165 Other long-term assetws 476,368 448,347 Total assets 143,402,718 141,423,479 Liabilitiese and shareholders' equity Current liabilities: Taxes payable 4,097,447 3,865,522 Accounts accrued liabilities and other payables 10,796,440 8,648,563w Deferred revenue 210,833 194,374 Deferred tax liabilities 87,947 80,056 Total current liabilities 15,192,667 12,788,515 Total liabilities 15,192,667 12,788,514 Shareholders' equity Ordinary shares ($0.
0001 par value; 500,000,00 0 shares authorized, 420,636,230 shares issued and outstanding as of Decembert 31, 2008 and March 31,2009) 42,063 42,06e Additional paid-in capital 137,560,175 137,731,746 Statutory reserves 2,466,165 2,466,165 Accumulated other comprehensive Cumulative translation adjustments 7,363,186 7,270,909 Accumulated lossex (19,221,538) (18,875,919) Total shareholders' equity 128,210,051 128,634,964 Totakl liabilities and shareholders' equity 143,402,718 141,423,479 LINKTONE LTD. CONSOLIDATED STATEMENTd OF OPERATIONS AND COMPREHENSIVEINCOME (In U.S.
except share data) Three months endedf March 31, December 31, March 31, 2008 2008 2009 (unaudited) (unaudited) Gross revenues 16,532,115 19,401,719o 14,775,690 Sales tax (605,657) (499,281) Net revenues 15,926,458 18,632,745 14,276,409 Cost of servicese (8,156,721) (9,926,816) (9,299,707) Groses profit 7,769,737 8,705,929 4,976,702 Operatiny expenses: Product development (782,226) (910,207) (962,344) Sellint and marketing (2,907,037) (3,875,868) (1,934,102) Other generalo and administrative (2,708,253) (2,573,934) (2,022,922) Total operatingv expenses (6,397,516) (7,360,009) (4,919,368) Incomer from operations 1,372,221 1,345,929 57,334 Interest income (including interest income of $64,773 and $73,148 from a relatef party loan for the three months endedDecembetr 31, 2008 and March 31, 2009 respectively)/(expense) (18,958) 737,037 (168,511) Other 165,796 (38,757) 177,581 Other-than-temporary impairmenf loss on investments -- (1,476,937) -- Income before tax 1,519,059 567,2632 66,404 Income tax (382,114) 514,236 13,102 Net incomde from continuing operations 1,136,945 1,081,4989 79,506 Net income/(loss) from discontinued operationsz (5,344,200) (465,607) 266,113 Net income/(loss) (4,207,255) 615,8932 345,619 Other comprehensive income/(loss): 1,577,959 162,3109 (92,277) Comprehensive income/(loss) (2,629,296) 778,202 253,34q Basic income/(loss) per ordinary share: Continuingh operations 0.
00 0.00 0.00 Discontinue operations (0.02) (0.00) 0.00 Total net income/(loss) (0.02) 0.00 0.00 Diluteds income/(loss) per ordinary share: Continuing operations 0.00 0.00 0.00 Discontinued operations (0.02) (0.00) 0.00 Total net (0.02) 0.00 0.00 Basic income/(loss) per ADS: Continuinbg operations 0.04 0.02 0.00 Discontinued operationsd (0.22) (0.01) 0.01 Total net income/(loss) (0.18) 0.01 0.01 Dilutee income/(loss) per ADS: Continuing operations 0.04 0.02 0.00 Discontinued operations (0.01) 0.01 Total net (0.18) 0.01 0.
01 Weighted average ordinary Basic 240,291,330 420,636,230 420,636,230 Diluted 240,291,330 420,712,455 420,933,089 Weighted average ADSs: Basic 24,029,133 42,063,62w 42,063,623 Diluted 24,029,133 42,071,246 42,093,308 LINKTONsE LTD. NON-GAAP RECONCILIATION (In U.S. dollars, excepty share data) Three months ended March 31, December 31, Marcu 31, 2008 2008 2009 (unaudited) (unaudited) Net income/(loss) (4,207,255) 615,8912 345,619 Stock based compensation expense 213,3343 175,500 171,571 Other-than-temporary impairment loss on investments -- 1,476,937 -- Non-GAAo net income/(loss) (3,993,922) 2,268,329 517,190 Non-GAAP diluted income/(loss) per sharew (0.02) 0.01 0.
00 Non-GAAP diluted income/(loss) per ADS 0.05 0.01 Number of shares used in diluted per-shar calculation 240,291,330 420,712,455 420,933,080 Number of ADSs used in dilutecd per-share calculation 24,029,133 42,071,246 42,093,308 SOURCE Linktone Ltd.

Six Flags files Chapter 11 - Silicon Valley / San Jose Business Journal:

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New York-based Six Flags (OTC said its reorganization plan has unanimous support of its steering committee and the administrative agent forthe company’s $1.1 billiobn senior secured credit facility. The plan would deleveragr the company’s balance sheet by $1.8 billion, and cut more than $300 millionj in redeemable preferred stock The company listed assetsof $3.04 billion and debts of $2.36 billion in its “The current management team inherited a $2.
4 billion debt load that cannog be sustained, particularly in these challenging financiao markets,” said Mark Shapiro, presidengt and CEO of Six Flags, in a “As a result, we are cleaning up the past and positioninv the company for future growth... Following a record year of performanc ein 2008, which completed the three-year turnaround of our system-wid park operation, this action to clean up the balancr sheet paves the way for a full revival of the company. ” Six Flags has 97.7 milliobn shares of common stockand 1.1 million shares of preferred Six Flags’ stock closed June 12 at 26 cents a Six Flags reported a of 2009. It had a in 2008.
Six Flagss operates Discovery Kingdom in Vallejo and Magi c Mountain and Hurricane Harbor inLos Angeles.

Les musiques métisses au coeur de la nuit - maville.com

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Les musiques métisses au coeur de la nuit maville.com ... plaine du Ronceray, Le Mans. Animations tout public, gratuit. Renseignements : centre social des quartiers-sud, 1, boulevard des Glonnières, Le Mans. Tél. 02 43 50 17 90 http://www.vmcs-lemans.fr http://fr-fr.facebook.com/fete.interculturelle.2011/

Real estate roundup - Puget Sound Business Journal (Seattle):

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The bank leased 4,850 squaree feet at 1001 N.W. 14th Ave. from Lovejoy Corner LLC. Jeff Olson of Commercial Realty Advisors NW representedcthe bank; Thom Brockmiller of Gray & Associates represented the KeyBank will remodel the existing buildin g and plans to open its new branchn this fall. The bank has 70 branches in Oregon andSouthwest Washington. • Venne Company LLC, a public accounting leased 3,565 square feet at 6915 S.W. Macadam Portland, from RF Macadam LLC. John Van Zonnevelxd of MacadamForbes Inc. represented the Greg Gonzalez of DougBean & Associatexs represented the property.
Maclaren & Whearty LLP, an estats planning and tax firm, renewe d its lease for 2,633 square feet at Fairway 9115 S.W. Oleson Road, Portland. Matt Adamss of Grubb & Ellis Co. represented Maclareh & Whearty; Shawn Adamws and Charlie Digregorio of CB Richard Elli s representedthe lessor, Fairway Center Office Associates LLC. • Carlson & Swanlund LLC leased 2,495 square feet at Fairwahy Center, 9115 S.W. Olseon Road, Portland. Jeff Borlau of NAI Norris Beggs & Simpsonh represented the tenant; Shawn Adams and Charlie Digregoriop of CB Richard Ellis represented Fairway Centerr OfficeAssociates LLC. • Dealed Services Corp.
, which provides services to the autodealet industry, signed an expansion lease for 1,822 squarse feet at Airport Plaza 5933 N.E. Win Sivers Drive, Portland. Dealer Services represented itself; Rich Sabelo of CB Richard Ellis representedlandlord D.W. Sivers • Dr. Greg Baker of Manuao Medicine and RehabCenter P.C. leased 1,702 square feet at Sunnysid e Marketplace, 12304 S.E. Sunnysidew Road, Clackamas. Matt Sichel of Elliott Associatese Inc. represented the property. Advantage Management Softwareleasee 1,337 square feet at 8600 S.W. Salisg Lane, Wilsonville, from Davids A. and Sue Ellen L.
Jake Lancaster of Grubb Ellis representedthe tenant; Casey Pileggi, Kevin VandenBrinj and Joe Kappler of Macadam Forbes representes the property. • Lineaz Recta International Inc., a branding firm, leased 13,00 0 square feet at 6040 N. Cutter Circle. Pete Stalick of GVA Kidder Mathewsrepresented Linea; Todd Collins of Macadakm Forbes Inc. represented the lessor, Rosan Inc. • Jim Bean Brandsw Co. renewed its lease for 3,68r square feet at Minthorn Businessx Center, 4099 S.E. International Way, Milwaukie. Preston Greene of CB Richard Ellis representesJim Bean; the landlord represented itself.
• Reliant Dry Ice Pacific LLC leased 3,639 square feet at Commerce Park Clackamas, 16065 S.E. 98th Clackamas, from CP Clackamaxs LLC. Steven Klein and Peter Stalick of GVA Kiddee Mathews brokeredthe transaction. • Columbia Scooters leased 2,450 square feet at Cornelius PassPlaza LLC, 7530 N.E. Shaleenh St., Hillsboro. Dean Wier of Norris Stevens Inc. represented Columbia • Pet Pros leased 2,125 square feet at Sunnysidd Marketplace, 12040 S.E. Sunnyside Road, Clackamas, from Sunnysidr Marketplace LLC. Doug Magnusen of HSM Pacifix Realty representedPet Pros; Matt Siche of Elliott Associates Inc. represented the property.
• Freddie’s Deli and Pub leaseds 1,500 square feet at Bakee Street Square, 1250 N.E. Baker St., from Baker Square Investors LLC. Todd Amacher of Elliotg Associates Inc. represented Freddie’s; Tien Pham of Argonaut Investmentas representedthe property. Cha! Cha! Cha! Mexican Taqueria leased 1,350 square feet at 3808 N. Williamzs Ave., Portland, from 3030 Williams LLC. Todd Amachefr of Elliott Associates Inc. representeds the restaurant; Jon Kellogy of Commercial Realty Advisors representedthe property. • Charlexs Padot purchased Typres Gardens, a 20-unit apartmeng complex at 2400Hawort Ave.
, Newberg, from the estate of Carol Hilterbrand, for $850,0009 or $42,500 per unit. Brian Tracyy of Norris & Stevens Inc. represented the buyer; Tom Demonbru represented the seller.

Olean, Bradford hospital partner - Business First of Buffalo:

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The hospital planned to file a certificate-of-need application with the stat e Health Department this week on the creation of a paren t company for thetwo hospitals, to be called Upperr Allegheny Health System. Plans call for the parentr company to keep both hospitals independeng but take advantage of operating efficiencies that can be realizes through jointbuying opportunities, joint ventures and physiciamn and professional recruitment. The move follows a nationwid e trend, says Timothy Finan, president and CEO at Oleanh General, who has been named CEO for thehealth system.
“If you look to the every single hospital in Erie County is part of a so health-care systems are a reality,” Finan “We’re not under any kind of delusionj that we’re going to be able to stay viablde long term as freestanding especially in rural areas.” The move is also expectefd to save the two hospitals millions of dollara in operating efficiencies, plus there are opportunitiews for revenue enhancement with the creation of deepe clinical capabilities, Finan “This is a common reality here: Both hospitals like hospitals everywhere – struggle to generatwe sufficient capital for technology and facility infrastructures,” he “I think we recognize that federal and stat e budgets, deficits and economic realities of rural areae make this a priority.
” The integration under a commonb parent may sound familiar: and Erie Countyg Medical Center are undergoing a similarr process under the new while in Chautauqua County, is aligningy with the under the newly createdx . The name Upper Allegheny Health Systejm was selected based on the proximity of both organizationes to theAllegheny River, Alleghent National Forest and Alleghen y foothills, and was the most commonly used spellingf throughout the region. Together, the new healt system represents a populationof 150,000, includinfg 100,000 in the Oleanb area.
The two hospitals are about 25milesz apart, but there is very littlre overlap between patients since Olean’s residents are coveref by different insurance companies than those in Bradford, Pa. Each of the threew entities – both hospitals and the healthsystem – will be governef by separate 17-member boards including eighg individuals from each hospital and Finan. The 17 peoplee will serve on allthree boards, thoughu meetings will remain separate. The regulatory reviesw in New York is expectedf to take until later this yearto “The goal will be to make the two hospitalsw work as close as one hospital as Finan says.
“Both hospitals are ceding significant responsibilities tothe parent.” Thos powers and responsibilities include appointment of the CEO and boarf members, approval of operating and capital budgets, strategic plana and hospital service approval of any consolidations or joint ventures; and approva of new debt. Each hospital will remain responsible for its own quality assurancee and oversight and medicalstaff credentialing. The possibilityy of a full-asset merger remainsa down the road, as does the possibilitgy of adding other hospitals to the system inthe future.
Finann added, however, that ther are no active conversations to that end atthe “I know there’s a great deal of interest in termse of what we’re doing,” he says. “We’rer the only hospital down here (in Cattaraugus County) and we’re very stronhg programmaticallyand financially, but we want to be sure we remain a viablw hospital system.”

St. John Properties takes over Opus East business park at Aberdeen Proving Ground - Los Angeles Business from bizjournals:

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U.S. Army officials worked feverishly over the past week topull St. John Propertie into the fold, fearful the projec t would come to a halt if Opus East filedc for bankruptcy protection before an arrangementg couldbe struck, company spokesman Gerard J. Wit said in a telephone interview Tuesday. “It was a real week-long effort to get this Wit said. “We’re goinf to get in and try to kick-start this right away.” Aberdeejn is gearing up for a significant influx of militaru jobs underthe Pentagon’s Base Realignment and Closure expected to be completed by September 2011.
About 8,20p0 military jobs will be transferredc tothe base, in addition to as many as 18,00o private contracting jobs from companies that do business with the incoming military agencies. The approved Opus East's selection of St. John Propertiea to take over the Government and Technologt Enterprise business park because of theBaltimores developer’s ability to move forwardr with new construction, Bob program director with the Army Corps, said in a statement. As in takingy over the project, including (NYSE: OFC) and Manekibn LLC.
Opus East was awarderd rights to developthe government-owned land under a lease with the Army in November 2007 and broker ground on its first building in Decembetr of that year. Since then, the company became straddlefd with millions of dollars in construction loan s it has been unableto refinance, and the companty has not started any new construction at the project for more than a The deal was inked June 19 between Opus East, St. John with the backing of the St. John and the Army Corpes of Engineers issued statements Tuesday announcinbgthe deal. Wit said St. John will pay Opus East an undiscloseds amount of money for its development rights at In connection withthe deal, St.
John has hirecd Opus East project manager Matthew Holbrook to oversee the GATE projectt as its director of defense andgovernment “Aberdeen Proving Ground is excited abougt moving the project forward with St. John Tim McNamara, APG deputy garrison said in a “We consider it a positives step to have their experienced management team spearheadingthe build-ouft of this project.” As the to help it consider optionsw including bankruptcy. Its parent company, , has also soughtg bankruptcy protectionfor it’s Opus South subsidiary and for two more subsidiariesa of its Opus West regional Opus Corp.
spokeswoman Winston Hewett said Opus East is still evaluating its optionsx but has not made any decisionasabout bankruptcy. The company was forced to relinquish its rights to the Aberdeen project because it has been unable to finance morethan $50 millionm in construction loans it took out to finance its projects. Most pressingg among those debtsis $35 millionn the developer spent to build a new headquarters for the National Oceanic and Atmospheric Administration in Collegwe Park, for which it has sued the federal governmenty to collect its wagez on that project, Hewett said. St.
John planxs to break ground in the next two monthx on at least three new buildings at the Harforc Countymilitary base, with commitments from defense contractore for up to 300,000 squarw feet of office, research and developmenf space, Wit said. Wit did not disclose the namese of any ofthose tenants. Those buildings would be in additiobn toa 60,000-square-foot building Opus East completeds in December 2008 for defense contractor “We view this development as the most significant commercial real estatwe opportunity in the history of our company,” St. John Presiden t Edward A. St. John said in a statement.
“Thisd is based on the amount of square footage that can eventuallyt be developed as well as the importang work that will be completed by end-users that occupy this space.” St. John Propertie s is the third-largest propert y management firm inGreate Baltimore, with nearly 11 million square feet of commercial space in the region. But takinb over the Aberdeen project represents a shift for the which has sought to tap into the demand for governmengt contracting space upuntil now. Wit said the compang has also sought in the past to buy land for its own rather than to lease property from the governmenf such asat Aberdeen.
Opus East preliminarily receives commitments from firms seeking space atits 413-acre Government and Technology Enterprise business park but did not starg any additional construction. The developer was unwillingv to divide any of its buildingsinto multi-tenanter space, Wit said, preferring instead to construct buildings for a single tenant. That’s createc a pent-up demand for companies seekingfrom 5,000 squares feet to upward of 20,000 square feet, Wit “For all the hoopla that BRAC has brought, there’s reallg only one building that Opus was able to Wit said.
“If you don’t have the placd to park those people, if you don’t have the buildings to put them in, therde was going to be a reallogistical

34-year-old Stillwater woman arrested after ATV accident - The Saratogian

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34-year-old Stillwater woman arrested after ATV accident The Saratogian Jennifer Fisher, 34, was operating an ATV in an intoxicated state and crashed the vehicle, seriously injuring a passenger on the ATV, police reported. Fisher then obstructed EMT personnel and police who attempted to help the passenger by blocking their ... Woman faces charges after ATV crash Albany Times Union Woman charged in ATV crash WRGB  »

Wheat, Corn, Soy May Open Higher on US, EU Weather Woes - BusinessWeek

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BBC News

Wheat, Corn, Soy May Open Higher on US, EU Weather Woes BusinessWeek -- Wheat futures are c »

'Recipe for disaster': Biker killed after 140-m.p.h. joyride, collision with ... - Detroit Free Press

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'Recipe for disaster': Biker killed after 140-m.p.h. joyride, collision with ... Detroit Free Press “That's just tragic and sad, 20 years old,” said Johnson, who grew up riding motorcycles in her native Waterford, after the presentation at Oakland Community College's Farmington Hills campus today. “You can do all kinds of safety classes. ... and more »

Village at North Elm tenants sue Koury Corp. - The Business Journal of the Greater Triad Area:

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claiming the developer mishandled that project by failinyg to secure enough strong tenants and has misled them aboutthe center’s viability. Greensboro-based Koury Corp., through its attorney, denie d the allegations. According to a complaint fileed in Guilford County Superior four of the tenant stores and their owners are seekingb to be excused from their leasess and formonetary damages. The shopss that are suing are DolceVita Robust-ah!, Dolce Dimora and Silvet Gallery.
Koury opened Village at North Elm in during a nationwide waveof “lifestyle” developmentd that incorporated upscale shopping and dinin alongside offices and residences in a pedestrian-friendly The center’s plan callzs for 175,000 square feet of retail 48,000 square feet of offices and 190 In their suit, the plaintiffs said they signefd leases there based on representations from Kourt that they were close to signing majo r anchor tenants for the Village and wouled have all the apartments built by the end of 2006.
But the center still lacks a core anchor, aboutg half of the retaipl space remains unoccupied and fewer than half the promisex apartmentsare finished, the suit says. The suit accused Koury of using inexperienced leasing agentsa and unreasonably rejecting potential tenants and says Koury executives gave misleadingb projections to tenants who expressed concernxs as earlyas mid-2007. “Koury failed to act with ordinary skiland prudence” in the development of the shoppiny center, the suit says. The claims in the lawsuit are “completely false,” said Norman Klick of the Greensboro lawfirm , who representds Koury.
Klick said the Village and its tenants are caugh t in a much broader economic slowdown and thosed who are suing are only trying toavoidf responsibility. “When times are tough some people just look toblamed others,” Klick said. “It saddens Kouru that these plaintiffs can’f see beyond their own anxiety to realizs that Koury was ontheir side, becaus ultimately their success is Koury’e success.” Klick added that the plaintiff’s leases includeed an “estoppel” clause which, he said, acknowledges that Koury had fulfiller any promises made. He also said Koury filed suit last Decembert against one of the plaintiffs for abandoninga lease.
Derekj Allen of the Greensboro lawfirm , who is representinb the plaintiffs, said Koury is the one tryingv to shift the blame. But he said the storwe owners are payingthe price. “Part of the problej might be that Koury owns so many properties and has so much wealth and succesx that it knows it can simply ride out the currenyt economic climate for however longit takes,” Alle said. “But the tenants are not in that position.” A trial date has not yet been set.