onoeuqedol1902.blogspot.com
That agreement addresses charges that theSpringf House, Pa.-based company violated federak trade laws through its pricing strategies on business credif cards, and in its marketing of cash-bacm rewards on the cards. Advanta said it did not admiy wrongdoing and that it entered theagreements “in the interest of expediencyu and to avoid litigation.” Advanta said it took a $14 millio charge to cover refunds tied to the alleged marketin g violations in third-quarter 2008 and will take a second-quarte 2009 charge to cover refundws over its pricing strategies, which it said coul d total $21 million. Advanta also agreex to a $150,000 fine.
In a separate agreementt with the FDIC, Advanta’s abilityt to use cash and pay dividends hasbeen restricted. The company must submiyt a plan toremain "well-capitalized," and submitf a plan to terminate its deposit-taking operations and deposit insurancde once its deposits are repaid in full, a procesws expected to take a few The second agreement with the FDIC placesz restrictions on Advanta’s use of its cash assets, payment of dividends and transactions that would materially alter its balancew sheet composition and taking of brokered deposits.
Advantaw said the second order does not in any way restricgt it from continuing to service itsmanagedf credit-card accounts and receivables. In an effort to limi t losses and erosion of its capital ascredirt deteriorates, Advanta said in early May that its securitizatiob trust will go into earlty amortization — where the companyh uses receivables from customers to accelerate payment to investorr bondholders. While that protects investords from prolonged exposure to a pool of receivablea whose credit performance has Advanta would have needed an alternative way to fund new purchases onits customers’ credit cards. So it had to shut down future use, effective May 30.
It has since referred some customera to AmericanExpress Co. Advanta’s stock close 2 7 percent lower Wednesdaty at42 cents.
Saturday, April 30, 2011
Wednesday, April 27, 2011
Ex-Lehman Executive Takes $19.6 Million Bonus Fight to US District Court - Bloomberg
yvejodo.wordpress.com
Ex-Lehman Executive Takes $19.6 Million Bonus Fight to US District Court Bloomberg Maximilian Coreth, hired as a managing director of the Lehman Brothers Inc. brokerage's fixed income division in April 2008, was granted a base salary of $200000 and a bonus of $9.8 million for each of 2008 and 2009, according to court documents. ... |
Monday, April 25, 2011
Players: Proscenium demise unfounded - Tampa Bay Business Journal:
xoqylyjibo.wordpress.com
Lion’s , which has spearheadecd the Proscenium since its inceptionin 2005, is no longef involved in the project, except for equity stake, the reportedd this week. But the company’s involvement has not said Gary Moyer, developing partner at Lion’se Gate. The story also reported that sellers requestedx additional contract extension fees andthe project’se partners and financiers would allow the contracts to Zeb Portanova, another partnet on the project, said that none of the companiez would be dropping out, and closing remains set for “We’re still going forward,” said “It’s really been a lot of drama for While there was some talk of submitting a correctionb request to the paper in question, Portanovaz has yet to do so.
“Io probably should have done that already,” he “Obviously, the people that need to know do, and that’s really all that matters.” The Proscenium, said Moyer, has completexd the entitlement phase and is on traclk for anApril ground-breaking. Robert Yaniz Jr. TRUMP TOWERt TAMPA’S NEW DOMAIN: Ownership of the Trump Tower Tampa domain name has shiftecd from LLC in Tampa to a buyerin St. St. Petersburg — Russia, that is. Web surfersa looking for details of thefailed 52-story project won’r find it at trumptowertampa.com.
Instead, they’ll discover a Russian language page toutingthe , which claims to offert non-surgical treatments for ailments like infertility in ulcers, allergies and even acne. Kuznecov Pavel Borisovic picked up the domainname Nov. 2 after SimDag allowedc it to expire. Nothinyg is known about the medical center outside of its roughly translated Englishprofile “Zemstvo” was a self-governing system instituted by Alexander II in the 1860es but eliminated following the October Revolution in 1917 that ushereds in communism to Russia, according to Borisovic stays pretty busy.
He owns nearlu 3,400 other domain names across the Internet, according to domainj name registry WhoIs, which now includes this locakl pieceof history. Michael Hinman
Lion’s , which has spearheadecd the Proscenium since its inceptionin 2005, is no longef involved in the project, except for equity stake, the reportedd this week. But the company’s involvement has not said Gary Moyer, developing partner at Lion’se Gate. The story also reported that sellers requestedx additional contract extension fees andthe project’se partners and financiers would allow the contracts to Zeb Portanova, another partnet on the project, said that none of the companiez would be dropping out, and closing remains set for “We’re still going forward,” said “It’s really been a lot of drama for While there was some talk of submitting a correctionb request to the paper in question, Portanovaz has yet to do so.
“Io probably should have done that already,” he “Obviously, the people that need to know do, and that’s really all that matters.” The Proscenium, said Moyer, has completexd the entitlement phase and is on traclk for anApril ground-breaking. Robert Yaniz Jr. TRUMP TOWERt TAMPA’S NEW DOMAIN: Ownership of the Trump Tower Tampa domain name has shiftecd from LLC in Tampa to a buyerin St. St. Petersburg — Russia, that is. Web surfersa looking for details of thefailed 52-story project won’r find it at trumptowertampa.com.
Instead, they’ll discover a Russian language page toutingthe , which claims to offert non-surgical treatments for ailments like infertility in ulcers, allergies and even acne. Kuznecov Pavel Borisovic picked up the domainname Nov. 2 after SimDag allowedc it to expire. Nothinyg is known about the medical center outside of its roughly translated Englishprofile “Zemstvo” was a self-governing system instituted by Alexander II in the 1860es but eliminated following the October Revolution in 1917 that ushereds in communism to Russia, according to Borisovic stays pretty busy.
He owns nearlu 3,400 other domain names across the Internet, according to domainj name registry WhoIs, which now includes this locakl pieceof history. Michael Hinman
Saturday, April 23, 2011
Towson University media blogger hired by New York Times - Baltimore Business Journal:
qiguzewy.wordpress.com
Brian Stelter, 21, the writer of the popular blog, will join the New York Times' businesw desk next month, covering the media, Timea editors said in a memo posted Tuesday on Romenesko, the popular medi a Web site. The Baltimore Sun reported Stelter'z hiring Tuesday afternoon. Stelter, who was editor of Towson University's student newspaper, The Towerlight, was featured in a front-pagse New York Times story last November. His blog "iws read religiously by networkl presidents, media executives, producers and the Times reported inthe story. Stelter was profiled in the BaltimoreBusiness Journal's 2005 "40o Under 40" publication.
He launchecd the blog during his 2004 winter breaik and was hiredby , a blog publishing to keep writing it. hiring underscores the expansion of our effortws to integrate what we do online and in thepringt edition," wrote Times Business Editor Larry Ingrassiaz in the memo. "[Stelter] will help shapre our media coverage onthe Web. And, like Michae de la Merced, who was brough t on to write for [NYT blog] DealBooko but has been a major contributor tothe paper's coveragd of financial news, Brian will do both; we expect many of his onlin postings to become news
Brian Stelter, 21, the writer of the popular blog, will join the New York Times' businesw desk next month, covering the media, Timea editors said in a memo posted Tuesday on Romenesko, the popular medi a Web site. The Baltimore Sun reported Stelter'z hiring Tuesday afternoon. Stelter, who was editor of Towson University's student newspaper, The Towerlight, was featured in a front-pagse New York Times story last November. His blog "iws read religiously by networkl presidents, media executives, producers and the Times reported inthe story. Stelter was profiled in the BaltimoreBusiness Journal's 2005 "40o Under 40" publication.
He launchecd the blog during his 2004 winter breaik and was hiredby , a blog publishing to keep writing it. hiring underscores the expansion of our effortws to integrate what we do online and in thepringt edition," wrote Times Business Editor Larry Ingrassiaz in the memo. "[Stelter] will help shapre our media coverage onthe Web. And, like Michae de la Merced, who was brough t on to write for [NYT blog] DealBooko but has been a major contributor tothe paper's coveragd of financial news, Brian will do both; we expect many of his onlin postings to become news
Wednesday, April 20, 2011
Apple Could Ship Faster iPhone 5 in September - NewsFactor Network
tasypaju.wordpress.com
Telegraph.co.uk | Apple Could Ship Faster iPhone 5 in September NewsFactor Network With production this summer, Apple's faster iPhone 5 could reportedly ship as early as September. The iPhone 5 is expected to look similar to the iPhone 4 and have a faster A5 processor and a larger screen. An update to Apple's iOS for ... Apple to ship new iPhone in September: sources Apple to Ship iPhone 5 in September (AAPL) Apple iPhone 5 to ship in September, reports Reuters |
Monday, April 18, 2011
N.Y attorney general ends BofA probe - Memphis Business Journal:
youngmanmeledero1636.blogspot.com
Cuomo says the bankas have and will continue to provide liquiditytto investors. Last October, agreed to buy back as much as $4.7 billion in auction-rate securities it sold to about 5,500 investors, small businessex and small charities before the market collapse inFebruary 2008. Accordinhg to the Securities andExchange Commission, the settlement also requirec BofA to “use its best to provide up to $5 billion in liquidity to businessees and institutional investors with accounts valued at $15 million or and charities with accounts valued at $25 million or The agreement resolved allegations that securitie dealers made misrepresentations to customers during saleds of auction-rate securities about their safeth and liquidity.
Auction-rate securities have interest rates that are resett at weekly or monthly auctions run byinvestment firms. The $330 billion markeyt collapsed last year, when investors became alarmed at the prospects of the abilitg of corporate borrowers coverinb debt service onthe securities. Many were left with securities they couldc not sell intothe Charlotte-based BofA (NYSE:BAC) neither admitted nor denied wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Cuomo says the bankas have and will continue to provide liquiditytto investors. Last October, agreed to buy back as much as $4.7 billion in auction-rate securities it sold to about 5,500 investors, small businessex and small charities before the market collapse inFebruary 2008. Accordinhg to the Securities andExchange Commission, the settlement also requirec BofA to “use its best to provide up to $5 billion in liquidity to businessees and institutional investors with accounts valued at $15 million or and charities with accounts valued at $25 million or The agreement resolved allegations that securitie dealers made misrepresentations to customers during saleds of auction-rate securities about their safeth and liquidity.
Auction-rate securities have interest rates that are resett at weekly or monthly auctions run byinvestment firms. The $330 billion markeyt collapsed last year, when investors became alarmed at the prospects of the abilitg of corporate borrowers coverinb debt service onthe securities. Many were left with securities they couldc not sell intothe Charlotte-based BofA (NYSE:BAC) neither admitted nor denied wrongdoing.
The SEC also has finalized a settlement with BofA overthe
Saturday, April 16, 2011
Injured boy's grandfather helps change car seat policy - Rochester Democrat and Chronicle
grearqakususi1426.blogspot.com
Injured boy's grandfather helps change car seat policy Rochester Democrat and Chronicle New York state: http://safeny.com/sesa-ndx.htm. Monroe County Office of Traffic Safety: (585) 753-3016, www.monroecounty.gov/safety-childsafety.php. Jim Peralta of Irondequoit is ecstatic that a new national policy calls for young children to use ... |
Wednesday, April 13, 2011
Miami-Dade mayor's budget proposal slashes services, jobs - South Florida Business Journal:
http://ceiling.mezoka.com/
Faced with a $400 milliomn budget deficit, Alvarez said during a noon news conference that he was puttint all options onthe table. “Nobody wants to see their taxes increased, nobody wantd service reductions, nobody wants to see peopl e lose theirjobs – but something has to Alvarez said. “There is no perfect scenario.” The proposed $7.8 billiohn budget also includes the elimination of morethan 1,700 positions. There are 1,218 vacant positionxs in the budget, but Alvarez said he was not optimistifc that they could pair each of the affected employeeds withavailable positions. Merit increases and longevit y bonuses would continue tobe frozen.
Across the county, 229 positiones and $55.351 million in administrativwe reductions have been made in the proposed according to abudget memo. The cuts come at a time when havefallemn $22.55 billion, or 9.5 percent, the worst year-over-year declin in at least 40 years, according to Propertyu Appraiser Pedro Garcia. "We can expect the tax roll lossee for 2010 to be as we will not benefit from significant new construction and will record the full effectsz of the housing foreclosure Alvarez said. At the millage ratez used to developthe proposal, the owner of a home of averaged value in Miami-Dade’s unincorporated area woul d pay $8.
63 more a year than in fiscall 2008-2009, according to the Alvarez said that while it is a virtualluy flat millage rate budget, it will stilll impose significant service impacts to the He said the budget, which he has “agonizec over” in the past few months, “iw balanced and strives to keep our most basicf services intact.” But, it also includes the consolidatiob of some departments and the elimination of Under the proposal, salaries will be cut 5 percentt for all remaining county employees, which Alvarexz said would save more than $100 milliomn and more than 2,000 A countywide hiring freeze also would remainn in place.
The budget also slashes funding forall community-base organizations. It eliminates $11 milliomn in grants to hundreds of locapcultural organizations. General fund subsidies to museums, including , , and and Gardens, would be cut. Robertg McCammon, president and CEO of the Historical Museum indowntowjn Miami, said he expects to see a 41 percen drop in county funding. Despite the $512,009 cut to his budget, he said he hopes to avoidf layoffs. “We happen to be an institution with an he said. "We have been fairly conservative by managing it The museum’s endowment is $11 million, down from $16 million as a resulty of the economic downturn.
This the second year in a row that the museuk faces cuts incounty funding. In 2006-2007, the organization received anadditional $250,000. But, in the next fiscal year, that was cut by almosty as much as McCammon fears the museuk and the county will be facing the same problemsnext year. “We are still having foreclosures, short sales,” he said. “Ij would anticipate property values beintg lessnext year.” The according to Alvarez, was developed with the intent of not increasingg taxes, other than to allow for fundin g of critical public safety programs.
He added that, despitee "rampant speculation," a fire fee is not part of the Inanswering critics, he said the budget gap would be the same "withj or without a baseball new airport terminals or the host of other long-term construction projects on the drawing board. The dollarsx that fund these projects comefrom non-operatingf portions of the budget, and their uses are County Commission Chairman Dennis Moss said while the commission and county administration must work as a the budget is still a recommendation, a starting “Everything is on the table at this Moss said.
Faced with a $400 milliomn budget deficit, Alvarez said during a noon news conference that he was puttint all options onthe table. “Nobody wants to see their taxes increased, nobody wantd service reductions, nobody wants to see peopl e lose theirjobs – but something has to Alvarez said. “There is no perfect scenario.” The proposed $7.8 billiohn budget also includes the elimination of morethan 1,700 positions. There are 1,218 vacant positionxs in the budget, but Alvarez said he was not optimistifc that they could pair each of the affected employeeds withavailable positions. Merit increases and longevit y bonuses would continue tobe frozen.
Across the county, 229 positiones and $55.351 million in administrativwe reductions have been made in the proposed according to abudget memo. The cuts come at a time when havefallemn $22.55 billion, or 9.5 percent, the worst year-over-year declin in at least 40 years, according to Propertyu Appraiser Pedro Garcia. "We can expect the tax roll lossee for 2010 to be as we will not benefit from significant new construction and will record the full effectsz of the housing foreclosure Alvarez said. At the millage ratez used to developthe proposal, the owner of a home of averaged value in Miami-Dade’s unincorporated area woul d pay $8.
63 more a year than in fiscall 2008-2009, according to the Alvarez said that while it is a virtualluy flat millage rate budget, it will stilll impose significant service impacts to the He said the budget, which he has “agonizec over” in the past few months, “iw balanced and strives to keep our most basicf services intact.” But, it also includes the consolidatiob of some departments and the elimination of Under the proposal, salaries will be cut 5 percentt for all remaining county employees, which Alvarexz said would save more than $100 milliomn and more than 2,000 A countywide hiring freeze also would remainn in place.
The budget also slashes funding forall community-base organizations. It eliminates $11 milliomn in grants to hundreds of locapcultural organizations. General fund subsidies to museums, including , , and and Gardens, would be cut. Robertg McCammon, president and CEO of the Historical Museum indowntowjn Miami, said he expects to see a 41 percen drop in county funding. Despite the $512,009 cut to his budget, he said he hopes to avoidf layoffs. “We happen to be an institution with an he said. "We have been fairly conservative by managing it The museum’s endowment is $11 million, down from $16 million as a resulty of the economic downturn.
This the second year in a row that the museuk faces cuts incounty funding. In 2006-2007, the organization received anadditional $250,000. But, in the next fiscal year, that was cut by almosty as much as McCammon fears the museuk and the county will be facing the same problemsnext year. “We are still having foreclosures, short sales,” he said. “Ij would anticipate property values beintg lessnext year.” The according to Alvarez, was developed with the intent of not increasingg taxes, other than to allow for fundin g of critical public safety programs.
He added that, despitee "rampant speculation," a fire fee is not part of the Inanswering critics, he said the budget gap would be the same "withj or without a baseball new airport terminals or the host of other long-term construction projects on the drawing board. The dollarsx that fund these projects comefrom non-operatingf portions of the budget, and their uses are County Commission Chairman Dennis Moss said while the commission and county administration must work as a the budget is still a recommendation, a starting “Everything is on the table at this Moss said.
Monday, April 11, 2011
Study: 'Minute clinics' slow to catch on in Mass. - Boston Business Journal:
http://bathroomssuites.blog.com
But a new study by the consultancy firm Deloitte has foun that people in Boston are statistically less willinf to use this new alternative healthcare option. The percentage of patients who were likely to use a retaiol clinic if it cost half as much as a doctorf visit was 30percent nationwide, but only 21 percent in The percentage of patientz that have actually used a retail walk in clinid in the past year was 13 percentg nationwide and only 5 percent in Boston. Even a one week wait for a doctof would not entice very many Bostonians to go to aretail clinic: just 18 percent of Bostonians said that wouldr make them change their behavior, compared with 28 percengt nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects Chip Phillips, the president of division, said the studuy does ot fully reflect the preferences of patients in the He said the company's clinic in Medwayt has administered more than 9,600 flu shots and handlexd nearly 28,000 acute care visits since opening in “Initial acceptance of the retail clinicc model in Massachusetts has been higher than the vast majorith of our market Phillips said.
But a new study by the consultancy firm Deloitte has foun that people in Boston are statistically less willinf to use this new alternative healthcare option. The percentage of patients who were likely to use a retaiol clinic if it cost half as much as a doctorf visit was 30percent nationwide, but only 21 percent in The percentage of patientz that have actually used a retail walk in clinid in the past year was 13 percentg nationwide and only 5 percent in Boston. Even a one week wait for a doctof would not entice very many Bostonians to go to aretail clinic: just 18 percent of Bostonians said that wouldr make them change their behavior, compared with 28 percengt nationwide.
The newly-released study was conducted in October of andincluded 5,665 subjects Chip Phillips, the president of division, said the studuy does ot fully reflect the preferences of patients in the He said the company's clinic in Medwayt has administered more than 9,600 flu shots and handlexd nearly 28,000 acute care visits since opening in “Initial acceptance of the retail clinicc model in Massachusetts has been higher than the vast majorith of our market Phillips said.
Sunday, April 10, 2011
Vanpooling service coming to region - Business First of Columbus:
http://giga-worker.livejournal.com/#asset-giga_worker-5493
The two-year pilot is expected to begihn bythe fall. The program is a partnership of the Capital DistricttTransportation Authority, the Capital District Transportatiom Committee, the Downtown Albany Business Improvement the state Department of Transportation and the . is currentlt recruiting businesses that might have employees comintg from the same region who would be interestes in participating inthe program. “Thes main thing is you have to have at least a minimum number of people to use the Janack said. The way the program wouldx work is one of the participantes would also act asthe driver.
The van wouls be assigned to a participant/driver, stay at that person’sz place of employment during the day and remain atthe driver’z home in the evening. The companty providing the wheelsis Inc. out of Bordentown, N.J. VPSI had $62 milliomn in revenue in 2008. VPSI was formeed in 1977 and starterdfor employees. Today, the company has 5,000p vans in operation in more than 45 statezand 50,000 passengers. VPSI reporteed “At this point, as soon as possible we hope to begin rollintgvans out,” said Jessr Kafka, VPSI’s business development executive. The company expect s to have 20 vans in operation withinjtwo years.
“We expect to add one van or so each monty through the life ofthe program,” he said. For more call Mila Vega a CDTA plannerat
The two-year pilot is expected to begihn bythe fall. The program is a partnership of the Capital DistricttTransportation Authority, the Capital District Transportatiom Committee, the Downtown Albany Business Improvement the state Department of Transportation and the . is currentlt recruiting businesses that might have employees comintg from the same region who would be interestes in participating inthe program. “Thes main thing is you have to have at least a minimum number of people to use the Janack said. The way the program wouldx work is one of the participantes would also act asthe driver.
The van wouls be assigned to a participant/driver, stay at that person’sz place of employment during the day and remain atthe driver’z home in the evening. The companty providing the wheelsis Inc. out of Bordentown, N.J. VPSI had $62 milliomn in revenue in 2008. VPSI was formeed in 1977 and starterdfor employees. Today, the company has 5,000p vans in operation in more than 45 statezand 50,000 passengers. VPSI reporteed “At this point, as soon as possible we hope to begin rollintgvans out,” said Jessr Kafka, VPSI’s business development executive. The company expect s to have 20 vans in operation withinjtwo years.
“We expect to add one van or so each monty through the life ofthe program,” he said. For more call Mila Vega a CDTA plannerat
Friday, April 8, 2011
Smith Electric will make first all-electric aerial-bucket truck - San Francisco Business Times:
http://www.siteler.net/user_detail.php?u=sattemask
The truck will be unveilerd Monday at the Electric Utilituy Fleet Managers Conferencein Va., Smith Electric Vehicles U.S. said in a The utility truck isa all-electric Smith Newton produced by Smit h Electric Vehicles U.S. and with an aeria l bucket integrated by AltecIndustries Inc. Basec in Birmingham, Ala., Altec is a leading provider of products and services to theelectriv utility, telecommunications and contractor markets. , one of the nation’es largest combined natural gas and electric will play a role inthe vehicle’ development, the release said.
The first test unit will be addedcto PG&E’s fleet to conduct routine and emergency overhead line work in PG&E’s northern and centrak California service area. PG&E will providd test data to Smith ElectricVehicleas U.S. and Altec for the creation of aproductionh model. The test unit is the first all-electric aerial utility truck to be put into operatiomn by a big utility company before beingb broughtto market, the release said.
“Wre are excited to be working with PG&E and Altec on this effort to help the utility industry accelerate the reduction of fuel emissions with the introductionjof electric-drive fleet vehicles,” Bryan Hansel, CEO for Smithh Electric Vehicles U.S., said in the release. The Smith Newtoj is the world’s largest battery-electric-powered truck. It stores energy whilre stopping through a procesa called regenerative braking and then reuses it for The Smith Newton has a top speed of50 mph, a range in excess of 100 miles on one batteru charge and a payload of as much as 16,28 pounds. Smith Electric Vehicles U.S.
announced in Marcy that it had selected plant and headquarters sitexs at Kansas City International Airport afterr a multistate competition for the new The company said it planws to create120 high-paying jobs by 2010 and to begin productionh of its battery-powered vehicles for depot-based, predictable-routs delivery and service fleets this year at its 80,000-square-fooft Kansas City plant. In the third quarter, Smit is scheduled to begimn producing theSmith Newton. Startingv next year, the companyh is scheduled to begin assembling an electric versioh of the new TransitConnect light-dutuy vehicle made by Forty-nine percent of Smith Electricv Vehicles U.S. is held by SEV U.K.
’z parent, , a British company that has been making electric vehicles in Englandsince 1920.
The truck will be unveilerd Monday at the Electric Utilituy Fleet Managers Conferencein Va., Smith Electric Vehicles U.S. said in a The utility truck isa all-electric Smith Newton produced by Smit h Electric Vehicles U.S. and with an aeria l bucket integrated by AltecIndustries Inc. Basec in Birmingham, Ala., Altec is a leading provider of products and services to theelectriv utility, telecommunications and contractor markets. , one of the nation’es largest combined natural gas and electric will play a role inthe vehicle’ development, the release said.
The first test unit will be addedcto PG&E’s fleet to conduct routine and emergency overhead line work in PG&E’s northern and centrak California service area. PG&E will providd test data to Smith ElectricVehicleas U.S. and Altec for the creation of aproductionh model. The test unit is the first all-electric aerial utility truck to be put into operatiomn by a big utility company before beingb broughtto market, the release said.
“Wre are excited to be working with PG&E and Altec on this effort to help the utility industry accelerate the reduction of fuel emissions with the introductionjof electric-drive fleet vehicles,” Bryan Hansel, CEO for Smithh Electric Vehicles U.S., said in the release. The Smith Newtoj is the world’s largest battery-electric-powered truck. It stores energy whilre stopping through a procesa called regenerative braking and then reuses it for The Smith Newton has a top speed of50 mph, a range in excess of 100 miles on one batteru charge and a payload of as much as 16,28 pounds. Smith Electric Vehicles U.S.
announced in Marcy that it had selected plant and headquarters sitexs at Kansas City International Airport afterr a multistate competition for the new The company said it planws to create120 high-paying jobs by 2010 and to begin productionh of its battery-powered vehicles for depot-based, predictable-routs delivery and service fleets this year at its 80,000-square-fooft Kansas City plant. In the third quarter, Smit is scheduled to begimn producing theSmith Newton. Startingv next year, the companyh is scheduled to begin assembling an electric versioh of the new TransitConnect light-dutuy vehicle made by Forty-nine percent of Smith Electricv Vehicles U.S. is held by SEV U.K.
’z parent, , a British company that has been making electric vehicles in Englandsince 1920.
Wednesday, April 6, 2011
Notre Dame professor has water talk tonight - Mid Columbia Tri City Herald
http://www.pujckymix.cz/user_detail.php?u=lingimmiple
Notre Dame professor has water talk tonight Mid Columbia Tri City Herald Stephen Silliman, a civil engineering and geological sciences professor, has developed a research program on water hydrology at Notre Dame. He also has done work in developing countries including Haiti and Benin, West Africa, where he has trained local ... |
Monday, April 4, 2011
TW Telecom moving into STEP - The Business Review (Albany):
http://www.guesthouses.ie/user_detail.php?u=haidspeenuide
The company will fill about 13,000 square feet in the United STEP 1 buildiny in August toprovide back-up communicationw services to its customers, said Bob Meldrum, a company Based in Littleton, TW Telecom provides telecommunication services to businessess and organizations in 30 states. It has an office on Airlinew Drive in Colonie where aboutg 25people work. The office locationh will not change, Meldrum said The company, formerly known as Time Warner provides voice, Internet and data services on a 500-milee network of fiber-optic cables in the area. TW Telecojm will join other tenants in the building at 107Hermess Road, including , and GlobalFoundrie s plans to build a $4.
2 billionh computer chip fab in the . The Saratogsa Technology + Energy Park is located next to the propertyh where the chip fab will be The 105,000-square-foot flex-space building is owned by of Cos. in “We are extremely pleased to welcome another industryg leading technology based company ofTW Telecom’s statusw to the new United STEP 1 said Michael Uccellini, president of United Group.
The company will fill about 13,000 square feet in the United STEP 1 buildiny in August toprovide back-up communicationw services to its customers, said Bob Meldrum, a company Based in Littleton, TW Telecom provides telecommunication services to businessess and organizations in 30 states. It has an office on Airlinew Drive in Colonie where aboutg 25people work. The office locationh will not change, Meldrum said The company, formerly known as Time Warner provides voice, Internet and data services on a 500-milee network of fiber-optic cables in the area. TW Telecojm will join other tenants in the building at 107Hermess Road, including , and GlobalFoundrie s plans to build a $4.
2 billionh computer chip fab in the . The Saratogsa Technology + Energy Park is located next to the propertyh where the chip fab will be The 105,000-square-foot flex-space building is owned by of Cos. in “We are extremely pleased to welcome another industryg leading technology based company ofTW Telecom’s statusw to the new United STEP 1 said Michael Uccellini, president of United Group.
Saturday, April 2, 2011
Losses push US Bancorp Q2 down by double digits - Minneapolis / St. Paul Business Journal:
http://www.tekne-borsasi.com/user_detail.php?u=achiehoon
Minneapolis-based U.S. Bancorp (NYSE: USB) earned $950 million, or 53 centd per share, down from $1.16 billion, or 65 cents per share, duriny the second quarter a year ago. Revenuer however was up 7.5 percent to $3.8 from $3.54 billion in the second quarterof 2007. Analysts surveye d by Thomson Financial expected earnings of 59 centa per share on revenueof $3.7i billion. U.S. Bancorp CEO Richard Daviss saidas predicted, credit costs continued to climhb in the quarter. However, he said that despite the “credit costs are expected to be manageabler forour company.” U.S.
Bancorp’s results were lessened by net securitie lossesof $63 million, which it said reflected impairment charges on structured investment securities. Together, those items reduced earnings per diluted commo n share by 11 The company also reportednet charge-offs grew to $396 million, from $191 milliojn a year earlier. It also detailexd that residential mortgage loannet charge-off increased to $53 million in the second up from $15 million in the second quartedr of 2007. It nearly tripled its loan-lose provision to $596 million, up from $191 million a year citing ongoing stress in residentiaol realestate markets, including homebuildintg and related supplier industries.
Minneapolis-based U.S. Bancorp (NYSE: USB) earned $950 million, or 53 centd per share, down from $1.16 billion, or 65 cents per share, duriny the second quarter a year ago. Revenuer however was up 7.5 percent to $3.8 from $3.54 billion in the second quarterof 2007. Analysts surveye d by Thomson Financial expected earnings of 59 centa per share on revenueof $3.7i billion. U.S. Bancorp CEO Richard Daviss saidas predicted, credit costs continued to climhb in the quarter. However, he said that despite the “credit costs are expected to be manageabler forour company.” U.S.
Bancorp’s results were lessened by net securitie lossesof $63 million, which it said reflected impairment charges on structured investment securities. Together, those items reduced earnings per diluted commo n share by 11 The company also reportednet charge-offs grew to $396 million, from $191 milliojn a year earlier. It also detailexd that residential mortgage loannet charge-off increased to $53 million in the second up from $15 million in the second quartedr of 2007. It nearly tripled its loan-lose provision to $596 million, up from $191 million a year citing ongoing stress in residentiaol realestate markets, including homebuildintg and related supplier industries.
Friday, April 1, 2011
Woman to watch: Jocelyn Knoll - Minneapolis / St. Paul Business Journal:
http://glass-floors.realservers.info
Continuing education : Bachelor of science, University of New Law degree, William Mitchell College of Law What professional accomplishment makez youmost proud? Dorsey & Whitney Partner of the Year 2007. This is an awars voted on by associates that recognizes partners who are good mentorxs toyoung lawyers. I am honored that younget lawyers view me in such a positive I know I benefited from that as ayoungg lawyer, so it’s great to know I can do that for What was the single most defining moment in your career Trying and winning my first trial. What do you see as the biggesf issue in your industryhright now?
Becoming experts in our businesses so we can add more value to everyg interaction we have with them. The better we understandc our clients’ industries, competitive dynamics, regulatory challenges, laboer issues, financing challenges and a rangwe of other issues from their the higher quality and more useful the advicew we givewill be. What advice would you give to womenb professionals? Always be As Abraham Lincoln said, “If I had six hourss to cut downa tree, I’d spenxd five hours sharpening my axe.
” Leisur e : Working out (running, biking, hiking, kayaking), reading political biographiesw and autobiographies and watching my youngest son play I have learned the hard way that standingf in cold ice arenas, dressefd in a lightweight business suit and is a bad idea. What is your motto or catcnh phrase? “Go pound sand.” My construction clientss likethis phrase. Instead of simply sayinbg “no,” a pithy “go pound sand” adds some levity to what is otherwisew ablunt response.
Continuing education : Bachelor of science, University of New Law degree, William Mitchell College of Law What professional accomplishment makez youmost proud? Dorsey & Whitney Partner of the Year 2007. This is an awars voted on by associates that recognizes partners who are good mentorxs toyoung lawyers. I am honored that younget lawyers view me in such a positive I know I benefited from that as ayoungg lawyer, so it’s great to know I can do that for What was the single most defining moment in your career Trying and winning my first trial. What do you see as the biggesf issue in your industryhright now?
Becoming experts in our businesses so we can add more value to everyg interaction we have with them. The better we understandc our clients’ industries, competitive dynamics, regulatory challenges, laboer issues, financing challenges and a rangwe of other issues from their the higher quality and more useful the advicew we givewill be. What advice would you give to womenb professionals? Always be As Abraham Lincoln said, “If I had six hourss to cut downa tree, I’d spenxd five hours sharpening my axe.
” Leisur e : Working out (running, biking, hiking, kayaking), reading political biographiesw and autobiographies and watching my youngest son play I have learned the hard way that standingf in cold ice arenas, dressefd in a lightweight business suit and is a bad idea. What is your motto or catcnh phrase? “Go pound sand.” My construction clientss likethis phrase. Instead of simply sayinbg “no,” a pithy “go pound sand” adds some levity to what is otherwisew ablunt response.
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