Tuesday, February 28, 2012

QinetiQ signs lease in Reston - Washington Business Journal:

http://www.zopeserviceprovider.com/2000/shopping/amador-foothills.html
As the incoming lead tenant inthe 196,000 square-foo Class A office building at 11091 Sunset Hills Road in its 11-year lease starts later this year. McLean-based QinetiQ North America, a subsidiary of London-based QinetiQ that offersw technology-based defense and security products and services to the saidits 42-percent revenue growtu over its last fiscal year has partly been due to its role in the intelligencw and cyber security market s and new work with the Department of Homeland Securitg and NASA. It will be the fifth U.S. officee for the company, which is also in Huntsville, Ala. and Waltham, The tenant was represented by Robb Johnson andDee MacDonald-Milled of Jones Lang LaSalle.
Vardell Realthy Investments LLC was represented by Mike Rob Walters and Nate Krill of Millennium RealtyAdvisorsd LLC. Initially, 400 program management-type employees be relocating from various offices in Fairfax County into theRestob building. Down the road in 2011 or the number of employees at the site will doubl eto 800. Out of the 400 moving in, 75 will be part of QinetiQ’sd technology solutions group and the other 325 will be part of its missionnsolutions group. “Like any company tryinbg to attract andretain high-quality we were looking for more than just a building.
This buildin g has environmentally-friendly features the new generation of employees is looking saidMatthew Warnock, directord of public relations at QinetiQ. He said the buildintg will also help cut down onoverhead “buy a great deal,” with expectedx savings of 65 to 70 percent on powe r consumption through the use of virtualization software and green technologyt to reduce heating and utility costs. He adds that the building sits righty off a bike trail and was builtg onan east-to-west which means employees can take advantage of a full day of sunlighty and cut down on electricity.

Sunday, February 26, 2012

MedImmune gets second H1N1 flu contract - San Francisco Business Times:

http://anthonyarthur.net/p-65.html
MedImmune won the additional $61 milliom contract from the U.S. Departmen t of Health and Human Services, six weekw after it accepted a $90 million contract from the agencyu to manufacture ingredients for a potential vaccine for the H1N1 which had been widely dubbedr as theswine flu. MedImmune, now the Gaithersburyg subsidiary ofthe London-based , is using the funding to produce and test the flu-fightinfg technology it uses in its seasonal FluMis t product for the H1N1 virus, whicyh has reached the highest warning levelsw on the pandemic scale.
The follow-up award s were given to four of five pharmaceuticals that the federal governmenyt has been contracting with to produce potentia vaccinematerials — Sanofji Pasteur SA, , , and In all, the agency has spen t nearly $1.9 billion to date on these contracts., MedImmune’sa combined $150 million in awards have been the smallesrt so far of those companies. MedImmunr sets itself apart from many othet companies withits live-attenuated flu vaccine technique, which uses a but weakened, strain of the virus to induce an immune response from the The biotech company has said that process can protect against various circulating flu straina at once, even if they’rew not perfectly matching the original strain it was aiming to “We’re putting significant internal resources toward this projecg to deliver on this commitment and move the procese forward as fast as we can,” said Karem Lancaster, a spokeswoman at MedImmune.
She said the companyy has identified a swineflu strain, entered the manufacturing stage and could produce an estimated 35 millionm to 40 million finished doses, similar to its FluMist seasonal counts. Health and Humajn Services officials, who plan to reservr these vaccines for its national stockpil for use on priority populations inan emergency, said that clinicalk trials of the potential vaccines are expected to begih next month with some preliminary rounds of clinicalp data appearing as earlty as September. The agency said it can’f determine how many doses will be produced in alluntip it’s determined what, and how many, vaccinr materials work the best.
Local governments also received federaol funds to help prepare against swinewflu outbreaks. The District’s public health officials receivednearly $500,000, whilwe hospitals in the city received nearly In Maryland, public health officials receivesd $4.8 million, while hospitals received more than $1.6 million. And in public health officialsreceived $6.5 while hospitals received more than $2.
2

Friday, February 24, 2012

Dynogen Pharma files for Chapter 7 bankruptcy - Triangle Business Journal:

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The Waltham, Mass.-based company, which had raised $67 millionn in venture capital overa half-dozen was developing therapies for irritable bowelo syndrome and other digestive disorders. Dynogen was owned by a grouop of prominent venture capitalfirms – of Research Triangler Park among them. According to couryt documents, Pappas held 8 percent of Dynogen. HealthCarwe Venture of Cambridge, Mass., held a 20 percen stake in the company; of Boston also held 20 percent; of Londonh held 13 percent; Abingwort Management of Waltham, Mass., held 11 percent; and of Walthaj held 9 percent. Dynogen also had a researcbh operation in Durham that had employedx about15 people.
In the company sold that operation toAstellae Pharma. An investor in speaking on the conditionof anonymity, said the therapyu the company was developing wasn't moving along as quicklt as was hoped and that filing for liquidatiob seemed like the best course of The investor specifically cited the currengt economic environment as a major consideration, and said investors might have given the company more time in betteer conditions. In its bankrupcty filing, Dynogebn reports assets of consisting primarily of office equipmentand furnishings. The company’a liabilities total $10.6 million. They include $6.5 million in secured claims — $1.
5 millioh for Arachnova Therapeuticsof $2.5 million for ; and $2.5 million for Oxforcd Finance Corp. of Alexandria, Va. Another claim, though with no value is for Japan’s Mitsibushi Pharma Co. The reaso given is a potential claimto “certain intellectuakl property.” Liabilities also include $1.1 millionh in priority unsecured claims — mostly wages and severance due According to the Dynogen does not expect any moneyt will be left after liquidation to pay thosew claims. The largest unsecured nonpriority claim is from of Illinoiefor $1.05 million for clinical trial Another large unsecured nonpriorit claim is with Ltd., a U.K.
companuy that provides manufacturing services. That claim is for $561,000. Total unsecure nonpriority claimsare $3 million. Auditor also is listeds as beingowed $410,000. This week’s bankruptcy filin followed a fiscal 2008 in which Dynogen said itlost $12.i million on zero revenue. Expenses during that year included $7 millionb on research and developmentand $3 million on general and administrativs areas. Its interest expense was almostt $2.9 million. Dynogen’s bankruptcy counsel is . The according to a filing, took the job for A year ago, Dynogen’s situation lookex promising.
According to a Boston Business Journal report atthe time, the company planne to go public and give investors $98 million in stock in California’sa Apex Bioventures (AMEX: PEX). But the deal fell throug h two months after it was Atthe time, Dynogen CEO Lee Brettman attribute the demise of that transactiom to market conditions.

Wednesday, February 22, 2012

More companies use services to check job applicants' pasts - Kansas City Star

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More companies use services to check job applicants' pasts

Kansas City Star


Kansas City human resources professional Suzanne Johnson used to pick up the phone, call a company “and get honest feedback about an applicant.” But that doesn't happen in most organizations today, Johnson said. “And I haven't given out much ...



Friday, February 17, 2012

San Antonio author

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The book’s publisher, Disney-Hyperion Books, has printe 1.2 million advance copies of Percy Jackson the Olympians: The Last Riordan himself is planning a nationa book tour to support The Last Olympian is the fiftb and final book in the Percy Jacksojn series. The prior titles in the seriese are TheLightning Thief, The Sea of The Titan’s Curse and The Battle of the Labyrinth. In all, the Percy Jackson series collectively has sold 5 million copies in theUniter States.
has purchased the film rights to The Lightning Thief and the movir is currently in production in Before releasing The Lightning Thief in the summerfof 2005, Riordan previously publishef novels for adults, including the popular mysteryy series Tres Navarre. Riordan lives in San Antoni o with his wife andtwo Disney-Hyperion Books is an imprint of the Disneyu Book Group, a unit of , the world’d largest publisher of children’x books and magazines. Disney Publishing is based in Whitre Plains, N.Y. Web site: www.percyjacksonbooks.
cok

Wednesday, February 15, 2012

Retailers, landlords offer more for less - Tampa Bay Business Journal:

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That’s how Whiskey Joe’s on Rocky Point is fillinbg its dining roommost days, said CEO Howard adding, “Our biggest problem is our parking lot isn’ big enough.” Bell contends sales at Whiskey Joe’s are up 25 percen since the waterfront restaurant, formerlyu known as Castaways, was renovated and renamed late last year. The original Whiskey Joe’s, owned by the Calif.
-based chain, closed years ago after sufferinghurricane “Despite the economy you can be successfuol in this market,” said Bell, echoing the sentiments of CEO Mike Some national retailers, including Circuit City and Linene ‘n Things, have shut down, while other retail companies, along with shoppinh center landlords, are struggling to survivew the recession. Centers across the country are cuttingg costs and shavingbusiness hours, includin g , one of the largest shopping center owners in the Westfield has three local malls — Westfielr Citrus Park, Westfield Brandon and Westfield Not all retailers are Discount retailers — including Wal-Mart, , Marshalls and Corp.
are growing market share at the expense of otherdepartmen stores. “There are discount storee cycles and departmentstore [full price offerings] cyclez in the retail business,” said broker Jim The industry is now in the midsgt of a discount store cycle, he said. Grove at Wesle y Chapel, an 800,000-square-foot center opened by in has mostlydiscount retailers, including a Dollar Its other discount tenants include TJ Ross Dress for Less, Dick’s Sporting , Babies “R” Us and Toys Us.
“To a number of Dollar Tree has a certain entertainment It has gotten a whole lot more fashionablre over last two or three years as theeconomhy declined,” Roberts said. “Everyone is trying to stretch theit budget.” Despite those national discount chains, many of the outparce l buildings remain vacantat Grove, and the therew is closing. Landlords squeeze d by closings, Rents Landlords are feeling the pinch as storesx close andrents decline. The closin g of big-box stores, such as Circuitf City, illustrates “the challenges facing our saidDavid Conn, EVP of the retailk services division at .
Conn, a longtimer Bay area broker, contends the region’s retailo market is among the hardest hit in the countrg due to the housing market high foreclosure rate andgrowing Conn’s assessment is supported by the 2009 retail marketf report released in late March. The Bay area was ranked No. 35 amongg 43 markets, according to the report. The area was only ahead of Detroit, Jacksonville, Cleveland, St. Cincinnati, Kansas City, Calif., and Tucson, Ariz. The Tampaq region’s retail vacancy rate is expected to see one of the largesf increases in the nationin 2009, hitting 10.3 states the report.
Pinellas is expected to fare bettet inthe mid-9 percent broker Patrick Berman contends the localo retail market was one of the firsf in the country to feel the pain of the housing collapse and it shoul be one of the firsg to rebound. Berman doesn’t thinl the region is farin as badly as theMarcua & Millichap report indicates. He thinks the area is more in the middle ofthe pack. East Pasco County, with its newer subdivision s andshopping centers, has been among the hardestg hit locally, the Marcus Millichap report states. The area saw fast growth as builderws put up houses and retail developmentws inthe boom. Today, empty new storefronts dot State Road 56 nearInterstates 75.
CBRE data showw that east Pasco’s vacancy rate was 10.3 percenrt at the end of 2008. Urban areasd with more residents and established subdivisions and shopping centeras in Hillsborough County alsoare hurting, but not as It’s still unclear what businesses will fill the locapl big-box locations vacated by Circuiy City and Linens ‘n Things.

Monday, February 13, 2012

Cancer researchers target $6 billion in federal budget - St. Louis Business Journal:

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billion budget boost the received as part of the federal stimulus bill passed in And now they have their eyeson $6 billion more in federak funds that could be devoted to cancer researchb as part of President Barack Obama’s proposede 2010 budget. “Increased funding for cancer is extraordinarily because over the last number of years the NIH had a relativelhyflat budget, which practically speaking is a relative decreasee because expenses keep going up,” said Dr.
Tim Eberlein, director of the at Barnes-Jewish Hospital and School of Since the additional NIH funds were Washington University has submitted about 500 additional grant of which about 30 percent to 40 perceny were focused on cancer research in some Eberlein said. Researchers at the have submitted grant applicationzs for anadditional $2.5 million in federal funding, according to Dr. Mark Varvares, director of the center. These grant which were due to the NIH at the end of deal with topics and diseases such asbreasty cancer, brain cancer, prostatee cancer, epidemiology and the link between religion and canced care.
Beyond cancer care, SLU as a wholde submitted 50 new grants vyingfor $33 million in stimulusa NIH funding. “I think it’s fantastic,” said Varvares, who also serves as chair of the department of head and neck surgery atthe . “Ther response throughout the research community at SaintLouiz U. was very robust. When researcherss understood the potential for additional funding that we had not they killed themselves to get theseapplications in. “kI expect we will see a similar response to the additionalk money from theObamza budget.
” Varvares said researchers are preparing applicationsa for more than $9 billion in additiona grants that could be availabl through the Obama budget proposal. Thesee grants, if received, will focud on topics such as varying aspects of both liver and breast including the interaction between breast cancer and SLU receivesabout $2.5 million in NIH funding for cancer researc annually, Varvares said. In 2007, SLU received a totaol of $20.9 million in NIH The American Recovery and Reinvestment Act waspassed Feb. 17, providin a $10.4 billion shot in the arm to the NIH’ds $29 billion budget.
Obama’s budget proposal, whichb was revealed in February, woulxd double the NIH’s cancer research with an additional $6 billion over the next eight years. Eberlein said the president’s proposa l “plays into the strengths of the SitemabCancer Center” because it woulde spread funding for cancer research throughout many of the institutes in the NIH instead of funnelingt it all through the , which typically leadsz the NIH’s cancer research. Siteman always has taken a broad view ofcancef research, partnering with other groupd within Washington University such as the and the , Eberlein “We’re sort of spreading our applications and Mr.
Obama is spreading aroundx his investments,” he said. “To have the expertises you need, you have to be very, very You can’t just focus on It’s helped us to strengthen our and it will really help us take advantagd of the strategy the presidentis using.” Sitemanj has an annual research budgetf of just under $150 million, Eberlein said. In Washington University as a wholereceivee $389 million in NIH funding. Obama made his commitment to cancer researcb clear throughout hispresidential campaign, publishintg the “Obama-Biden Plan to Combat as part of the campaign.
In a speecn to a joint session of Congressin February, Obamw vowed to seek “a cure for cancer in our Eberlein and Varvares are skeptical as to whethet finding an absolute cure for cancer is but both applauded the president’s “My suspicion is patientsw will generate new cancers all the time, and I don’rt know if we will be able to completely stop that,” Eberlein said “I do believe and agrer with the president that we will continue to be able to diagnoss earlier and provide better treatment.” Varvarexs said presidential calls for a cure for cancer go back to Richarx Nixon, who made a similar pledge in the ‘70s.
“Thay was 40 years ago, but the intentr is still so important,” he said. “We have learned so and if it weren’t for the big we wouldn’t be as far as we are now.”

Saturday, February 11, 2012

Major Gerhard Richter retrospective opens in Berlin as artist turns 80 - Washington Post

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Kansas City Star


Major Gerhard Richter retrospective opens in Berlin as artist turns 80

Washington Post


BERLIN â€" A major retrospective of leading German artist Gerhard Richter's work is opening in Berlin, days after his 80th birthday. The exhibition of some 130 paintings and five sculptures spanning five decades, titled “Gerhard Richter: Panorama ...


Gerhard Richter retrospective opens in Berlin

San Francisco Chronicle



 »

Thursday, February 9, 2012

ECB Keeps Rate at 1% as Focus Turns to Greek Debt Swap - Bloomberg

shemwellmygalej1291.blogspot.com


Bloomberg


ECB Keeps Rate at 1% as Focus Turns to Greek Debt Swap

Bloomberg


Play Video Enlarge image ECB Keeps Rate at 1%, Focus Turns to Role in Greek Debt Swap ECB Keeps Rate at 1%, Focus Turns to Role in Greek Debt Swap Hannelore Foerster/Bloomberg ECB policy makers meeting in Frankfurt left the benchmark interest rate at a ...


ECB Keeps Rate at 1% as Focus Turns to Role in Greek Debt Swap

BusinessWeek


ECB Holds Rates at Record Low

Fox Business


ECB leaves key rate unchanged at 1 pct

Kansas City Star


Reuters -W »

Tuesday, February 7, 2012

Obama team returning money tied to casino owner - Boston.com

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Fox News


Obama team returning money tied to casino owner

Boston.com


By Ken Thomas AP / February 7, 2012 WASHINGTONâ€"President Barack Obama's campaign is returning about $200000 in contributions collected by family members of a Mexican casino owner who fled the US after facing drug and fraud charges.


Obama campaign returning $200 K in contributions connected to Mexico casino owner

Washington Post


Obama campaign returning funds tied to Mexican fugitive

Reuters



 »

Saturday, February 4, 2012

Second teacher arrested at LA school where Mark Berndt worked - Los Angeles Times

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Fox News


Second teacher arrested at LA school where Mark Berndt worked

Los Angeles Times


A second teacher at the Los Angeles Unified elementary school where Mark Berndt is charged with gagging, blindfolding and feeding semen to unsuspecting students was arrested Friday. The teacher was removed from Miramonte Elementary School in South LA ...


The arrest follows the case of Mark Berndt, charged with felony child ...

NBC San Diego


Second Miramonte Teacher Arrested for  »

Thursday, February 2, 2012

Manpower: 6% of Honolulu employers to hire in 3Q - Puget Sound Business Journal (Seattle):

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From July to September, 6 percent of the companiexs interviewed in the Honolulu metro area plan to hire more while 11 percent expect to reduce their according to the surveyfrom Milwaukee-based (NYSE: MAN). Seventy-eighgt percent expect to maintain their current stafc levels and 5 percent remain uncertain aboutrhiring plans. Hiring is expected to be a little lightee than in the second when 10 percent of companies surveyed planned to hire and 12 percen expected to cut said Manpower spokeswoman MaryLou Callahan. For the coming job prospects in the Honolulu area appear best in wholesal e and retail trade and leisureand hospitality.
Employerws in durable goods manufacturing, nondurable goods manufacturing, information, professionakl and business services, education and health serviceas and government intend tocut staffing. Hiring in transportation and utilities, financial activities and other service s is expected toremain unchanged. National survey resultxs showed little change from thesecond quarter. Of the more than 28,00o0 employers surveyed acrossthe country, 15 percent expecr to increase their staff levels durinh the third quarter, while 13 percen expect to reduce theire payrolls.
Sixty-seven percent expecf no change in hiring and 5 percentf are undecided abouttheir third-quarter hiring “The data shows continued hesitanc among employers,” said Jonas president of the Americas for Manpower. “Thety are treading slowly and watchinh withguarded optimism, hoping a few quarters of stability will be the precursor to the