Friday, April 29, 2011

At the Capitol: Legislator says gang bill will have unintended consequences - Broken Arrow Ledger

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At the Capitol: Legislator says gang bill will have unintended consequences

Broken Arrow Ledger


This legislation could have enormous unintended consequences and should be rejected.” The bill also includes provision to impose a five-year prison penalty for gang members committing a gang-related crime. Shelton said that provision is unnecessary. ...



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Tuesday, April 26, 2011

Bauer: Credit unions strong, but some downgraded - South Florida Business Journal:

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The company uses federal regulatory data to rate credit unionas based oncapital ratio, profit/loss trend, delinquent loanw and other factors. Of the 10 largest South Florida credit unions by seven suffered a loss in the fourth Despitetheir losses, six maintainec a five-star (superior) rating: Bauer downgraded IBM Southeastr Employees Credit Union and Brightstar Credit Union to four stars from five stars in the third Both suffered losses in the fourth quarter. Tropicall Financial Credit Union, South Florida’s second-largest credit uniob with $725 million in assets, was downgradec to three stars (adequate) from four stars in the fourth quarter.
The Pembroked Pines-based credit union lost nearly $4.1 million in the fourtj quarter andcounted 1.7 percent of its assetws as nonperforming. , the largest in Soutjh Floridawith $1.69 billion in remained the only credit union in the state ratec zero stars by Bauer. The Miramar-based credif union lost nearly $5.3 million in the fourtg quarter andcounted 6.1 percent of its assetxs as nonperforming. Eastern Financial had the largest quarterly loss among local credit unions. South Florida Educational had the highestquarterlhy income, with $1.1 million.
Baueer downgraded three other Soutn Florida credit unions to problematic or fell to two stars from three stars after losingnearly $3 million in the fourthg quarter and had 6.3 percent of its assets also fell to two starxs amid a quarterly was one of just four Florida creditg unions to receive a one-star (troubled) ratingv from Bauer. After getting a three-star rating in the thirxd quarter, the North Miami-based creditf union lost $226,000 in the fourth quartert and reported 10 percent of its assetzwere nonperforming.

Sunday, April 24, 2011

Mansion penthouse sells for $4 million - Atlanta Business Chronicle:

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That's a nearly 61 percent discount off the original askiny priceof $10.2 million "but it's probably more in line with said Kevin Grieco, owner of AtlantaSKYrise and a Realtorr with . The penthouse, which takes up 8,688 squarer feet of the 41st and42nd floors, went underd contract in May and closed June 1 in an all cash Grieco said, who was not surprised by the price The Mansion's condo propertiess are all shells, whichb must be built out, he "You have to put a lot of work into the unit to make it he said. "Once it is finished it will be atropht property." The penthouse sale at The Mansionm sets the tone for the rest of the luxury Grieco said.
Descante, a 7-bedroom luxury home off Tuxedko Roadin Buckhead, recently sold for $10.5 well off its original list pricw of $19 million and now The Mansion's penthouse "hasw sold at a considerable he said. "But I think theses are really more in linewith reality."

Friday, April 22, 2011

Apologetic Elena Ford pleads guilty in drunken-driving case - Detroit Free Press

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MLive.com


Apologetic Elena Ford pleads guilty in drunken-driving case

Detroit Free Press


She registered a 0.18% blood-alcohol level on a roadside breath test and 0.14% on tests at the station, well over the legal threshold of 0.08% for drunken driving. Ford was held in the Ferndale police lockup until 3:15 the next morning, ...


Elena Ford Pleads Guilty to DUI, Child Endangerment

Patch.com


Elena Ford: 'I've Learned A Valuable Lesson'

WDIV Detroit



 »

Tuesday, April 19, 2011

Jake Locker: Polian: QB accuracy can't be fixed in NFL - Rotoworld.com

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USA Today


Jake Locker: Polian: QB accuracy can't be fixed in NFL

Rotoworld.com


Colts president Bill Polian does not believe that passing accuracy can be fixed at the NFL level. Explained Polian, "I asked our staff recently, 'Does anyone here think you can teach accuracy?' The answer was no." Polian is a future H »

Sunday, April 17, 2011

WhiteGlove snags another $3.8M in funding - Austin Business Journal:

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million Series B-1 round of The funding was completed with capitao from13 investors, according to an amendexd filing with the U.S. Securities and Exchange In March, Austin-based WhiteGlove closexd on a $2.5 million Series B round of In May, the company reported raising anothetr $288,000 from two investors, according an SEC WhiteGlove has raised a totalof $6.4 millionb in venture capital since it was foundedd in 2007, CFO William Kerley said. WhiteGlove is a healtb care company that provides routine medicall care atan individual’ home or workplace.
It employs more 30 Also in March, the company reported expanding its service into the Fort Worth markey after previously operatingin Austin, San Antoni o and Dallas. At the time, WhiteGlove officials said the businese had posteda 1,200 percent increass in bookings growth for 2008 compared with 2007. In April, WhiteGlove adde d to its board of directors investorsLarry Garatoni, CEO of HQ and Jimmy Treybig, a venture partner for New Enterprise Associates.

Friday, April 15, 2011

URA re-releases RFP for Heppenstall site in Lawrenceville - San Francisco Business Times:

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The URA is re-releasing a request for proposals aftedr its previouslychosen developer, Urban Villages working with Boter o Development decided not to go forward with the project. Urban Villagexs and Botero were selected over oneothedr finalist, S&A Homes, in partnershi with the Lawrenceville a community nonprofit. The football field-sized parcel includesw the site on which the officd building for the Heppenstall plant once was located as well as a formedrwarehouse property.
In a prepareed statement, mayor Luke Ravenstahl describedthe property’w redevelopment as an important part of the city’a larger revisioning of the Allegheny “We have begun a planning process to creats a vision for the Allegheny riverfront and reconnecgt our neighborhoods to our naturakl amenities,” he said. "The Hatfield Streety site is one of the great opportunitie s to see this vision cometo life.” The URA wantd a developer “to purchase, design, develop and operatw or resell the site.” The URA’s effor comes as the Regional Industriall Development Corporation (RIDC) continues to redevelop the Heppenstalo complex itself.
Hatfield Streeft is considered a dividing line betweenthe neighborhood’s residentialo community and its industrial zone. As a selling point, the URA notes that the mediahn home price in central Lawrencevill has increased 64 percent in the pastthrese years, a growth rate it claims is secondc highest in the city to the South “We are excited with the real estatr appreciation that were seeing in the neighborhood,” said Rob Executive Director of the URA, as well as a Lawrencevillw resident. “And (we’re) very excited abouy the prospect of a new residential producrt and how that will add fuel tothe market.

Tuesday, April 12, 2011

College's loyalty important to city - Business Courier of Cincinnati:

http://scrubadub.com/detailguideo3.html
As Business Courier Reporter Laur a Baverman reportsthis week, the Price Hill hilltop home of will slowluy begin its $30 million transformationm this summer, the beginnings of a 10-yea r plan to build new facilities, renovate existing ones and enhanc e the brand of the oft-overlookede institution. Cincinnati Christian, formerly known as Cincinnati BiblCollege & Seminary, couls have more easily built its new campusz in some cornfield in Maso n or West Chester. But gratefully, leaders of this 82-year-olc institution have made the righgt move to keep this Cincinnati gem withijn reachof downtown.
It's been nearly three years since Cincinnatj Christian andits leader, President David announced the decision of the college'e board to remain committed to Price Hill. Anything could have happenexd in the interveningthree years. But now, it appears a lock. Cincinnati Christian will be staying put, and its boared and leadership shouldbe commended. Tuckeds off Glenway Avenue at the peak of Priced Hill are seven brick buildings overlooking thecity skyline. The 44-acre campus is quaint, like a suburban park.
Aftere months of planning, constructioj will begin on projects that eventually will allowa the school to double itscurrenf 1,100-student enrollment over the next 10 years and its visibility as a playedr in higher education in the Greated Cincinnati area. CCU has three colleges - undergraduate, graduatew and adult learning. Students completes Bible-based courses and a major of their including earlychildhood education, youthj ministry, family counseling and business Focused on building Christiajn leaders and creating positive change in the it has graduated 8,000 studentws since its founding. The president and his wife put theie money where theirmouth is.
They sold their Greemn Township home and have built a home on Cincinnati is fortunate to have this another one of thoselocap best-kept secrets. As the campus prepares for more we embrace what CCU means to our regioh and wish it and itsleaders Godspeed. That'ws an expression of respect and goodwill when addressing someond about to go on a journet or adaring endeavor. It's also a Christiabn substitute to the otherwisesacrilegiouxs "good luck," which implies that anythinvg can be random and out of the hands of God. It' clear that CCU's decision to stay put is anythintbut random.
• Cincinnati Christiann University, a 1,100-student private college in Price is beginninga 10-year renovation of its • The school's board will launch a "Beyonc the Walls" campaign in the fall to raisew $28 million. • The plan also includes work this summer on the first of three phases ofcampuswide • Trustees on May 11 approved $2 million in short-term bonds to begin work on several campus projects.

Sunday, April 10, 2011

Panthers launch development plan - South Florida Business Journal:

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, the real estate development that owners of the hockety franchise arenow proposing. The plan is to build the mixed-use districty on the 139 acres that surrouncd thein Sunrise. The first details of the plan are emerginb asthe team’s parent company, engages in negotiations to merge the team, its arenq management company and rights to the real estatse surrounding the BankAtlantic Center with , a public-stockk company formed last year, sources The potential deal values the asseta at $230 million, including debt, with the plum in the talkw being the possibility of developing the site aroundc the arena, said sources, who also noted that negotiationse have been taking place over the last severaol weeks.
But, both a merger and futurre site development deal are likel to need Broward County approval tomove ahead, according to Dick Brossard, interim deput Broward County administrator. The countg owns the land and the which it leases tothe “That would be a lease assignmen t and would require countuy commission approval to amende the existing lease and operating agreement,” Brossard said. He said to his knowledge, the county has not been approacherd by the Panthers about apotential merger, and has seen no forma l proposal for developing the parking lots that surrouncd BankAtlantic Center. But, Panthers owners on Feb.
26 had a pre-application conference with the to lay the groundworjk required to get entitlement s tobuild Oz, accordinvg to council documents, which provided the firsr detailed summary of the plan. Team owners have also been meetingt with local government officials to gauge their leve of acceptance for the entertainment andcommercial “A concept has been presenteds to us that they woulx like to do a theatef district with multi-use [development],” Sunrise Deputyy Mayor Donald Rosen said, noting that the city, which gave the land to county to build the “can’t do anything unless the county says it is a At the heart of the project is a Broadway-style theater to be operatedc by the New York-based , which runs about 30 theaters President James L.
Nederlander became an SSE partnefrlast year, but provided no details abouyt when Oz may rise. “Right now, there is nothing I can talk about,” he said. A projec of such magnitude would likely have to be according to government officials and real estate And the troubled economy would likely play a leadint role in the timingof that. It is unclear how the projectt wouldbe financed, but last year, when SSE firsrt began rolling out its plan to develop the aren land, it said it planned to securs private financing for the development or could seek industriapl development revenue bonds and affordable housin bonds, which require no financial commitment from the “I would call it ambitious,” Stiles Realty Presidentf Tom Kates said of Oz’s scale.
“Obviously, the catalyst is the He said the project is certainlyy viable in that but could be considered dense for itssuburbanj venue. The nearby Sawgrass International Corporatde Park houses about 4 million square feet of commercialo space on612 acres. Sunrises Mayor Roger Wishner said he is reserving judgmentt on the Oz project until he sees adetailed But, generally, he said it stands to be a stron economic engine. “Certainly, based on the conversations and discussions Ihave heard, the theater … would be a first-class theater located and this would draw a tremendous Wisher said.
According to the City of Oz Web the project would create anestimated 13,47 8 total new jobs in South Florida with a $226 milliom annual payroll at the job site and a overall $443 millionj annual payroll across the not including the theater. The question now for officials is whether a merger will be a game Sports Propertiesraised $215 milliob last year in an IPO for the purpose of buyinv companies in sports and leisure. Under federal securities it hasuntil Jan. 17 to complete a deal or the money is returned tothe shareholders. Andrew Murstein, the financiere spearheading the company and whoowns 18.
1 percent of it, declined to citing federal stock regulationsw that prohibit him from discussing unannounced The Panthers also declined to comment. As part of the prospectivw deal, the sources said, the Panthers’ ownerz would receive stock in Sports making the hockey team a unit of the public The team was publicly held before formerownet H. Wayne Huizenga sold it in 2001 to currenf general partner Alan Cohenfor $101 million. Cohehn is the founder of genericpharmaceuticapl concerns, most notably Davie-based , whicn was purchased by in 2006.

Saturday, April 9, 2011

Roaring time for kids at circuit - Malaysia Star

http://www.trustedetailer.co.uk/user_detail.php?u=vizappali


Malaysia Star


Roaring time for kids at circuit

Malaysia Star


SSKANESAN/ The Star They came from Pertubuhan Kebajikan Yayasan Anak Yatim Piatu Datul Aitam, Rumah Bakti Nur Syaheera, SMK Sultan Alam Shah and SRK Tanjung Malim Perak. “It was awesome. We got to go behind the scenes and check out how the engineers ...



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Thursday, April 7, 2011

BACVA launching multicultural tourism promotion to lure visitors - San Antonio Business Journal:

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In a bid to get locals to plan and hold theitr family reunionsin Baltimore, BACVA will spend $300,00 0 to highlight the and other city resource that might contain family histories and other information. In the future BACVA planx to expand the effort to attracgtdifferent groups, including Hispanic as well as gay, bisexual and transgender people, CEO Tom Noonan said. Noonamn outlined the plans at a press conference that featured impersonatorsz dramatizing the lives ofBillie Holiday, Frederick Douglass and Harriet Tubman, all born in Baltimore.
A new print ad featuring the wax figure of President Barack Obama at the National Grear Blacks in Wax museum in Baltimore will aid themarketinfg campaign. It will run in two national Heart & Soul and Radio advertisements will airin Va., Philadelphia and D.C. BACVA wants to tout Baltimore’s black venues and attractions, since an estimatedf 21 percent ofthe city’s visitorss are African-American, said Noonan. The Africa n American Travel Conference also plans to hold its conventiob at the convention center inApripl 2012.
The group will bring 2,500 group travepl planners and will take upto 1,000 room about 300 during the weekend, Noonan Landing the 2012 convention coincides with BACVA’s plans to focusz on the War of 1812 and other historicapl events to attract visitors.

Tuesday, April 5, 2011

U.S. job picture mostly dark - Charlotte Business Journal:

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According to ADP, U.S. companies cut an estimated 532,00 0 workers from their payrollslast month. The report note s losses across all sizes and categories of with large-company payrolls declining 100,000. Midsized businesses shed 223,000 jobs, while smal businesses cut 209,000 employees. The goods-producing sectorr lost 267,000 jobs, while the service-producing sector declinef by 265,000 positions. The report also revisex upward its estimate of job cuts in Aprilto 545,000p from 491,000. Meanwhile, Challenger Gray Christmas says employersannounced 111,182 plannedd job cuts last month — 16 percent fewer than the 132,590o announced in April. But the May number was 7.
4 percenty higher than the 103,522 job cuts announced for the same montb ayear ago. According to the Challengeer report, employers have announcerd 822,282 job cuts so far this year. That’s more than doublwe the 394,193 announced last year through May. While job cuts remained well abovelast year’es pace, May marked the fourth consecutive month with a decline in job-cuy announcements. Since reaching a peak of 241,749 in January, job reductionse have declined an averageof 17.5 percent per month. Chief Executive John Challenger remains cautious abour thejob market’s prospects. “This decline in job cuts coulsbe short-lived,” he says.
“The second quarter is typicallhy the lowest quarter of the year when it comed tojob cuts. Corporate downsizing may continue to remain slow during thesummere months, but if the past is any we could see the pace accelerate again in the latter half of the thirrd quarter through the end of the On Monday, The Institute for Supply Management said its factorgy index rose to the highest level since last Septembed as new orders posted their first gain since the recession beganm in December 2007. On Tuesday, the Nationak Association of Realtors reported that pending sales of existing or contracts signed but not yet rose 6.7 percent in Apri from March. April’s pending sales were up 3.
2 percengt from a year ADP (NASDAQ:ADP) markets technology outsourcinh services. The company is based in New Challenger, Gray & Christmas is an outsourcing consulting companuy basedin Chicago.

Sunday, April 3, 2011

Chinese company to buy Hummer - Silicon Valley / San Jose Business Journal:

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When GM, which filed for bankruptch protection Monday, announced earlier Tuesday that a buyet had been found forthe off-road vehicle line, the name was not immediatel y disclosed. Tengzhong, a major industrial machinery will acquire the rights to the Hummer along with a senio management andoperational team. It will also assume existing dealer agreements relatingbto HUMMER’s dealership network. It is contemplated that Tengzhon will, as part of the enter into a long-term contract assembly and key component and material supply agreemengwith GM. In an earlier statement, GM said it expecte the deal if successful to secure morethan 3,000 US jobs.
The final terms of the scheduled to close in thethird quarter, are subjecg to final negotiations. The cost of the transactioh wasnot revealed. is acting as exclusive financial advisoer and is acting as international legal counseo to Tengzhong onthis transaction. Citi is acting as financiakl advisorto GM.

Friday, April 1, 2011