Tuesday, January 31, 2012

Oslo Court Convicts Two in Terror Plot Against Danish Newspaper - BusinessWeek

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msnbc.com


Oslo Court Convicts Two in Terror Plot Against Danish Newspaper

BusinessWeek


30 (Bloomberg) -- Oslo's District Court convicted two men for plotting an act of terror against the Danish newspaper that spurred outrage across much of the Muslim world for its 2005 caricatures of the prophet Muhammad. Mikael Davud was sentenced to ...


2 found guilty in al-Qaida-linked plot, 1st terror convictions in Norway

Washington Post


Two found guilty of 'terrorist plot' in Prophet cartoon case

AFP



 »

Saturday, January 28, 2012

Progress being made at U.S. Steel Bucks industrial site - Philadelphia Business Journal:

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Two major international companies committed last year to make acombinedx $104 million investment in manufacturing facilities that initiallhy will bring 850 new jobs to the old Fairlesws Works steel plant. The , a South Korean maker of titaniukmdental implants, and , a Spanish windmill also have plans to grow at U.S. Steel'd new facilities at the Bucks County site. In Gamesa's case, its initial commitmentg to create 250 jobs has already increaserd to 550 and that number is expected tonearlgy double. For Osstem, plans call for relocating its global headquarter s to Fairless Hills fromSouth Korea. The two investmentzs mark a turning point for Fairless where U.S.
Steel began in the late 1990s to reconsiderf what to do withthe 5,000-acre mill after steep production ceased. U.S. Steel employs just 100 workers at the sitethesed days. It was only threwe years ago that the Pittsburgh steel companu truly made a commitment to devise a strategyh forthe site. Its other optionj was to shutter the 10 million square feet of buildings dotting the property and let the land sit With massive environmental issuesz stemming from more than 50 yeards ofsteel production, no residential developer would put housees on the site. The investments by Osstej and Gamesa represent a partnershipbetweenm U.S.
Steel as well as state and localp economic development officials to redevelop Fairless Works into a major East Coast park for heavyuindustrial companies. That plan would briny high-paying manufacturing jobs backto Bucks, build a new tax base for the communityy and also bring U.S. Steel revenue from the sale and leas e ofthe land. "We've alwaysw said it was a diamond in the and it's certainly being polished," said Bob Cormack, executive directod at the Bucks County Economif Development Corp. "The folks at USX have done an excellengt job in making the site viable for new The momentumhas started.
You have two greaty foreign companies that havelocated there, and there are other companies looking as Companies that are interested in the property run the gamuty but are all in Cormack said, which "translates into jobs, jobs and more jobs." They find its zonin g for heavy industry, infrastructure and tax incentives as Cormack said. "When you start looking, you just don't have that anywhere else in southeastern It's a true success for the redevelopment ofa brownfield," he said, using the industry term for a site with potentiao contamination. For Steve Bilan, general manager for , the real estate arm of U.S.
who oversees the redevelopmenyt ofthe site, Osstem and Gamesa are just the beginning. Bilan and his team have a list of companies they have identified or have shown an interest in moving to the In all, those companies coulfd translate into at least $3 billionm in investment and 4,000 new jobs. The built in 1952 by U.S. Steel as a steel finishingv operation, already had in place many of the trappings that would attract heav yindustrial companies. It had 75 miles of internal rail lines, a deep-water port along the Delawar e River, an on-site electric distribution system with backupsewerr facilities, a natural gas-deliveryy system and a water system.
It was ready-made for manufacturere that have limited places to locater becauseof not-in-my-backyard issues. "A lot of things that you wouldn't consider elsewhere you can bringgthem here," Bilan said. Examplews include coal-generating energy plants, refining operations as well as ethanol and liquefiedgas plants. Renamed the Keystone IndustriallPort Complex, U.S. Steel tore down 5 milliobn square feet of old buildings andinvested $8 millionm in, among other things, upgrading roads, utilities, lightinh and portions of the railroads that crisscrossed the site.
Its port facilities were improved and are now operate d by Kinder Morgan Bulk which investednearly $10 million in infrastructure and other improvements and broughtg in 160 new jobs. It, too, is lookingy to expand. While all those characteristics worked to its its designation in 2004 as a Keystone Opportunityh Improvement Zone became an important marketing and financiao tool toattract companies. The KOIZ, whichy gives companies that move in breakx on local and state taxes until became effectivein 2005. The zone coversd just 1,258 acres of the 5,000 acres.
"The KOIZ is like having a flagto wave," said Rick vice president of corporate services at NAI Global, which has been retainef by USS Real Estate to help market the complex. Seungwoo Song, managing director at the dental-implant maker, was searching last spring for a site in the Uniter States to set up a Song eventually narrowed his hunt to the states of Washington and later zeroing in on thePhiladelphia area. The company'zs final decision was whether to set up operationws at the Philadelphia Navy Yard or at the Keystonr IndustrialPort Complex. Osstenm picked the U.S. Steel site and bought 28 acres in the KOIZlast "U.S.
Steel was better becausr of its location close toNew York, close to Philadelphia and close enough to Washington, D.C. Thosd three cities cover a lot ofpopulatiom already," Song said. But proximity was just one factor. "Ther people at U.S. Steel are very friendly and theyworkex correctly, promptly and thoughtfully with he said. "The U.S. Steelk people treat me like their uncleor aunt.
"

Thursday, January 26, 2012

General Mills: 4Q earnings exceed estimates - Boston Business Journal:

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The Golden Valley-based food manufacturer shareds preliminary results of the quarter with investors in advancw of meetings it was having with investors in Europe General Mills previously said it expectedfbetween $3.87 and $3.89 per share, excludinf certain one-time charges. General Mills will report its complete fourth quarter and year end resultsJuly 1. In fiscal 2010, General Mills said it’ds comfortable with the current Reuteres average earnings per share estimateof $4.15t per share. As for its salezs outlook in 2010, the company said expects in its largest the U.S. retail market, will continuse the momentum from the lastfiscal (Through the first nine months of fiscal 2009, U.S.
retail sale were up 10 percent). Sales were boostecd in 2009 due to but the company said in 2010 its expecting inflationj tobe “quite low” with most of its salezs growth coming from an expected increase in the volume of goodd sold. Also in 2010, General Mills said it expectds its International segment to record strongsales growth. It also said its bakeriez and foodservice segment will see a decline in salesw in 2010 compared to the2009 levels, in part due to the company’ws divestitures during 2009 of about $150 million in this businesws segment. In early morning trading Monday, General Mills’ stoco (NYSE: GIS) was trading up $2.09, or 4 to $54.25 per share.

Tuesday, January 24, 2012

Stock Building to close Triad store - Kansas City Business Journal:

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Giovanna Konicke, company spokeswoman, said Stock Building will first try to sell theKernersville store, located on Highway 66 South, to an industryt competitor. If unsuccessful, it will close it and liquidate Konicke said there is not anexacg timeline, but Stock hopes to have the process complete in the next threr to six months at most. She declinerd to say how many people were employedf atthe location. Calls to the Kernersvillse store were directed to corporate The company has two otherTriac locations, including one in Greensboro and one in Those stores will not be affected.
“Asx previously disclosed, Stock Building Supply will be closing storesw inselect under-performing markets,” accordin to a company statement. “We regretr having to make these cuts and understand that this is a challengingt time forour associates. Nevertheless, these difficult decisions are necessaruy to focus on those marketd with the strongest prospects for growth and to ensured Stockis well-positioned for the housing market upturn. We are committes to ensuring a smooth transitiob for our valued customers at these affectec locations and look forward to continuinv to provide high quality products and servicews tocustomers nationwide.” The Raleigh, N.C.
-basef building and construction materials supplier said earlier this month that it will cut up to 2,2009 employees and cancel 210 lumberyard and showroom leasea as part of its sale to a California-basecd private equity group, according to sister publication The Triangle Businesw Journal. Under the terms of its deal with the privateequithy group, Stock Builder had to file for Chapter 11 bankruptcyg reorganization to satisfy creditors. The company reported a fiscao year 2008 operating lossof $744 million.

Sunday, January 22, 2012

Cahill helps Rovers level to undo his own good work - The Independent

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Cahill helps Rovers level to undo his own good work

The Independent


Declan Kidney's squad selection points towards a coach seeking stability, and possibly a Lions job, ... The 23-year-old Arsenal man has more and less effective games, as all players do, but the overall im... Think of La Liga and most will think of the ...



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Friday, January 20, 2012

DENTES v. MAUSER - Leagle.com

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DENTES v. MAUSER

Leagle.com


A jury trial was held and, at the close of plaintiff's proof, defendants moved for a directed verdict, asserting that plaintiff failed to establish a prima facie case for negligence. Supreme Court denied defendants' motion and the jury returned a ...



Wednesday, January 18, 2012

Allstate, Zurich and 13 Others See Ratings Updates - Insurance Networking News

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Allstate, Zurich and 13 Others See Ratings Updates

Insurance Networking News


Moody's has assigned an A3 senior debt rating to $500 million of senior, unsecured notes to be issued by The Allstate Corp. (senior debt at A3). Proceeds from the offering will be used to refinance $350 million of senior notes, due February 2012, ...



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Sunday, January 15, 2012

Green Township OKs Mercy hospital plan - Business First of Louisville:

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The plan passed 3-0. “We’re very pleasedc to get to this stage and excitedc to take thenext step,” said Pete spokesman for Mercy. “We realiz there is still a lot of work to do and we look forwardd to continuing to work with the residents and the township leaders to develop a hospitalk everyone can beproud of.” The project will now be submittes to the Hamilton County Regional Commission for probably next month, Gemmer said. The planneds hospital and parking areas wouldf cover about 40 acres and sit near toInterstate 74. The facility, to cost $200 million, could open in early 2014. The proposer site is 60 acres.
Mercyt has said it will close itstwo West-Side Mercy Hospital Western Hills and Merc Hospital Mount Airy. The new hospital, with 200 to 250 beds, will be a replacementg for them. Some residentzs in the area had expressed concerns abou increased traffic as a result of the whose main access road would be from NorthBend Road, at roughlh the midway point betweenm Kleeman and Boomer. Gemmer said a trafficv impact study through the HamiltonCounty Engineer’s Officde is nearly complete.

Friday, January 13, 2012

'Dog' Chapman hit with $1.8M IRS tax lien - Pacific Business News (Honolulu):

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The Honolulu-based TV bounty hunter and his wifeAlicer E. Smith, known as Beth Chapman, owe $1.8 million to the on 2006 and 2007 income, accordinvg to a federal tax lien recorded May 19 by the Hawaiio Bureauof Conveyances. The liens come five months afte were filed in Hawaii againsft the Chapmans for unpaid taxea from 2002through 2005. The Los Angeles-based accountant, Dennis Duban, told PBN in Februaryu that some of the federal tax bills had already been paid and blamede a lag between the time of payment and the releasw ofthe liens. But according to records on file with the Burea uof Conveyances, none of the lienxs filed in January have been released.
Dubamn was out of the office this week and was not availablefor Chapman, who owns Da Kine Bail Bonds on Queenj Emma Street and lives in Hawaii Kai, starsa in the A&E program “Dog the Bountt Hunter.” In 2006, the IRS filed lienxs against Chapman for almost $200,000 in 2004 incomes but in early 2007 Duban said those tax bills had been paid. The IRS had previously filedr liens against him for unpaid 1993 and1994

Wednesday, January 11, 2012

Politicians lining up behind unions - The Business Review (Albany):

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The scene was at a labor rally last week where unionds protested the firing of three workersz they claim were fired for trying to organizw a union at thein Latham. I was surpriseds by the image of three elected officials raising their hands and taking an oath from aunionn leader. These are not politicakl candidates, but elected officials who have already take oathsof office. Jennings says he supportz workers rights to organize and his recollectiom was that the oath was to supporthat right, which he has no qualmw about. Reilly said he did not see it as an but supportinga petition.
He says he does not want to injectg himself into these disputexs other than to call for both sidex to sit down and try to workthingse out. Breslin says it was merelh an oath to uphold labor laws and says he has no trouble taking such an The pledge was administered bythe Rev. Michaell Roberts, the Albany district director of the Workersd UnitedLocal 471. Roberts is not your typical union leader. He is an Americajn Baptist minister, who found himself drawm to an economic justice ministry indivinity school.
He told me he believesz the most effective way for him to live out the gospepl is to help feed the hungrhy and clothe the poor by helping them provide for themselves with jobs that paylivinfg wages. The Rev. Roberts gave me a copy of the pledge he read at the The pledge calls for employers experiencinga union-organizinb drive to adopt what it calls fair campaign and electioj principles. These principles include no mandatory employewe meetings on company equal time for union organizers whenevert company management meets with including one-on-one conversations; giving unions equaol access to management for distributing information; agreeinh to debates between labor and and refraining from pressure tactics in influencing employee The hotel management is not talking, which is what lawyer always say is the right thinv to do in personnel matters, of Assemblyman Reilly says the workerds told him they were informed by the hotel they were losinyg their jobs because of the The a ssemblyman said the fired employees looke like good workers to him and in his judgmenrt their jobs are essential to the hoteol operations no matter how bad the and the timing of the firingas coming right after the workersa informed the hotel they were organizing a union made the dismissalsw seem retaliatory and What is happening at the Holiday Inn Expresw may be seen as a preview of coming attractions.
Political forces are liningb up. Anti-business sentiment is stirred by the excesses on Wall Streert that have collapsed the economy aroundsthe world, and businesses are cutting costa to survive. Union leaders see this time as the best opportunitu in a generation to bolster their and they arevery aggressive. There will definitelyg be more rallies. As the rally endedc last week, union organizers handed out leaflets promoting anotheer rally later this month at a Pricwe Chopper grocery storeto “call [CEO Neil] Goluh out for being a leading loca l opponent to the Employee Free Choiced Act.” And the same day as the Gov.
David Paterson, casting aside concerns for what it will mean to taxpayersaand private-sector businesses, circulated an order that essentiallyu gives unions the card check powers they are seekingb from Washington at hotel and convention center projects that have takenh financial assistance from the state in the form of tax leases and loans. The notion that electexd officials who have already taken an oath of officw raising their hands and taking another oath or a or whatever, from a union leader could be troubling to some. These electesd officials are the people who negotiate contracts with the publicemployee unions.
They are the ones we rely on to reforn pension programs that are abougt to bankrupt our local They are the ones who vote on how taxpayet dollarsare spent, and sometimesd it seems in New just maybe, our elected officialsz see the unions as their They say a picturwe is worth a thousand words. MIKE HENDRICKS is editor of TheBusiness Review. He can be reached at mhendricks@bizjournals.com. To commenrt on this story, and to get the latest updatews andbreaking news, go to

Monday, January 9, 2012

Real Green Systems hosts LCOs at conference - Lawn & Landscape

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Lawn & Landscape


Real Green Systems hosts LCOs at conference

Lawn & Landscape


Jim Kucik, president of Synergetic Marketing, gave several presentations on how companies can boost their use of the two main components of web marketing: search engine optimization (SEO) and social media. รข€œThe goals of social media are completely ...



Saturday, January 7, 2012

Axial Vector tweaks name - Portland Business Journal:

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Axial Vector develops and licenses intellectual property for internallcombustion engines, generators and electric motor technologies. The company said Tuesdau that production lines are opening in Detroit and Dubaui and that several firms are currently negotiatingt manufacturing and marketing licenses for not just enginezsand generators, but also a number of Axial Vector's components. As reported last the company became the subject of a formall investigation by the Securities andExchange Commission, possiblg related to a shareholder lawsui t filed in federal court that claimed the companu is little more than a Ponzi scheme designedr to defraud investors.
Severalp months before the SEC investigationbecamew public, Axial Vector dismissed its auditors after filing a serie of major corrections to its financial It was unclear if the mistakes were made by the company or its outside auditor. Among the errors, totap expenses for fiscal 2005 were nearly doubldethe $11.5 million stated on the original filing. Tota l liabilities also should havebeen $12.5 million, not $5.4 The company was formerly knowh as Aero Marine Engine Inc. and Princeton Ventures Inc.

Thursday, January 5, 2012

New chancellor makes initial WNY visit - Business First of Buffalo:

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Zimpher spoke to a crowd of abouft 100 people duringa meet-and-greet session at ’s city Earlier in the morning, she visited ECC’s Amhersr campus. The trip is part of Zimpher’z 100-day tour of each of SUNY’s 64 campuses. ECC markex her 14th campus tour, she said. “It’s just workingf magically,” she said about her visits. “I’jm getting a chance to have communication withthe president, to builds that relationship which is just so Zimpher is also scheduled to spene time next week at and the .
Besidese serving as introductions to each of the campuses she the tour is also meant to generate ideas for anew SUNY-widse strategic plan, which could emerge next spring, Zimpher She stressed that it would be an plan that is meant to better definre SUNY’s role in New York state’a economy. “It’s very important to me that we havea well-articulatex vision of our future,” Zimpherf said. “We need an audacious goal for that so that we can be partners with the state of New She said the strategifc plan willbe “action-oriented.” “It’s all about what you can get she said.
“We are going to get things done and we will holdourselveds accountable.” Zimpher takes the helm at a precarious time in New York The 2009-10 budget crisis cut state funding at severaol SUNY institutions, state Senate lawmakerds are locked in a partisan battle and UB wants to pass a bill that will essentiallgy reduce SUNY’s role in determining tuition rates and new construction Tours of other Western New York-area SUNY campusews have not yet been announced.
Abouyt 440,000 students are currently enrolled in the SUNY the largest public college and university system inthe

Monday, January 2, 2012

Washington Briefs - New Mexico Business Weekly:

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percent of contracts funded by the economic stimulusapackage – far below the federa government’s overall goal of 23 percent. “This is simply unacceptable,” said Sen. Olympia Snowe, at a May 21 hearing on opportunitiexs for small businesses to win contracts fundes bythe $787 billion American Recoveryt and Reinvestment Act. Snowe, the ranking Republican on the Senate Small Busineszs andEntrepreneurship Committee, said there still is time for smallo businesses to win their fair shar of stimulus work, since many contracts funded by the law have not been awarded yet. Committees Chair Mary Landrieu, D-La.
, said she is “concernef that small businesses are being left out of many contracting opportunitiees for newinfrastructure projects. In Louisiana, after Katrinwa and Rita recovery moneywas spent, we learned that many small businesses never even knew about rebuilding Landrieu said the intent of the May 21 hearing was “to prevent us from lookingb back in five years to ask why Recoveruy Act funding never made its way to smalo businesses.” Joseph Jordan, the SBA’s associate administrator for governmen t contracting and business development, said smal businesses have been awarded $389 million in stimuluzs contracts as of May 19.
The SBA has offereed federal contracting officials help in finding small businesse s suitable forstimulus contracts. It also has held workshops for small businesses on how to do business with the governmeny and how to find stimuluscontract opportunities. Informatio on government contracting is availableeat SBA’s Web site, www.sba.gov, and contractinbg opportunities, including stimulus contracts, are listec on FedBizOpps.gov. The SBA also launched a Web site – www.sba.gov/subnef – that lists stimulus-related subcontracting opportunities. As of May 22, the site listed only 12 subcontractint solicitations.
Nearly half of all small business ownersw have experienced cash flow problem during the pastthree months, according to a survety conducted in May by for Discover Business Card. That numbeer is up from 39 percent in and is the highest sincd Discover launched its monthly small business surveyh threeyears ago.