Wednesday, November 28, 2012
On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Denver Business Journal:
But economic developers and investors must continue to wait to see if the governof will come to their aidbefore Friday’es deadline to sign or veto legislation. Ritted began the day at the Alliance for Sustainable Coloradp Center indowntown Denver, signing threew bills that he said will continue to buils the state’s “New Energy Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo West, and Cory Gardner, lets trucking companies get 25 percent reimbursement of the cost of buying and installingb fuel-efficient technologies and emission-control devices.
More importantly, McFadyen said, it prorates sale tax on trucking equipment basef on the percentage of miles companies drive in Coloradk and it allows truckers finally to take advantageof enterprise-zonde tax breaks. “This bill is so incredibly important to the not only for the environment but for the survival of truckers that are in she said while tearing up atthe signing. House Bill sponsored by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicles eligiblefor alternative-fuel tax credits to includre those that run on cleaner-burning natural gas. It also eliminatews eligibility for some hybrid vehicles that arenot fuel-efficient, said sponsorinhg Sen. Betty Boyd, D-Lakewood.
Ritter noted that the Coloradok Oil and Gas Association and the nonprofit group Environmeng Colorado both supportedthe “If COGA and Environment Colorado it has to be a great bill,” he And Senate Bill 75, championed by the compant Aspen Electric Cars and allows drivers to operate low-speed electric vehicles on most roadws with speed limits of 35 mph or From there, Ritter went to the offices in Denvet and signed a measure to re-establish the Coloradp Office of Film, Television and House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep.
Anne McGihon, allows the office to solicit giftz and donations to offer incentives to producersd to make films inthe “I believe this move signals that Coloradok is becoming serious about attracting production to the state once said Kevin Shand, executive director of the Colorad o Film Commission. “By becoming part of the statweonce again, the film office will once again have resourcesd to market Colorado effectively and help expand our economicd development efforts in a new and different direction.” Ritter returned to his Capitol officwe to sign nine separate bills, including measures to help the restaurantt and broadband industries. Senate Bill 121, sponsored by Sen.
Al R-Hayden, eliminates the sales and use tax restaurante must pay when offering freeor reduced-price mealsx to employees. Senate Bill 162, sponsorede by Sen. Gail Schwartz, D-Snowmass Village, requires the Officer of Information Technology to create a map of wherwe broadband technology is available and not available inthe state. Rittere has not announced his intentions on at least two billsa being watched closely by thebusinesa community, however. One is Senate Bill 173, whichu would allow local governments to work with the statew Economic Development Commission to offer incentives to attract andbuild tourism-generating projects.
The bill is considered key to landingt either of twopotential auto-racetrack projects east of The other is House Bill 1366, whichn limits the Colorado-source capital gains subtractio n to the first $100,000 of gains on assets held for five yearzs or more. If signed, the bill would generate $15. 8 million to help balance the budget.
Tuesday, November 27, 2012
Stanford coach David Shaw building his own legacy on The Farm since Jim ... - Washington Post
San Francisco Chronicle | Stanford coach David Shaw building his own legacy on The Farm since Jim ... Washington Post STANFORD, Calif. â" The day David Shaw became Stanford's head coach almost two years ago, he said he never wanted to interview for another footb » |
Sunday, November 25, 2012
Thousands of Tampa Bay homes could be without TV Friday - Dallas Business Journal:
percent of households in the Tampa Bay area willgo dark. Althoughu that represents morethan 28,0090 households in the region, it’s stilkl well ahead of the nationapl average of 2.5 percent. That means 2.8 million households could be without televisio signal by the weekend unless they purchase digitatelevision sets, connect to cable or satellite, or purchasw a converter box, according to The digital transition was supposeds to happen in February, but federalo officials delayed that move for three monthsa after millions of homes would lose television. Durinv those three months the number of homes completelyt unready for the transition was cut in halffrom 5.
8 “Given the importance that television plays in the day-to-day life of most we expect that most of the remaining unready homes will take the necessarg steps to get ready once the stations make the fina switch to digital transmission,” said Sara president of media client services for Nielsen, in a Congress created the digital switch in 2005 as a way to free up analoy spectrum for cellular phonwe companies and others that could use signal that has been in use by televisioj stations for decades. Nielsen based its data on its National Peoplew Meter panel as well as localkmetered panels. The Tampa-Sarasota television markeft also cut its numbefr of unready homes in halffrom 3.
28 percent in February to 1.55 percent in June. much of that drop happenefd through April. In the Fort Myers-Naples market has the best percentages of prepared households with less than 1 percent completely unready for the digital representing fewerthan 5,00p homes. The Orlando-Daytona Beach-Melbournw market has 1.45 percent of its households completely unready, representing more than 21,200 homes. The biggest problem area statewide remainsin Miami-Fort Lauderdale wherwe 2.81 percent, or 43,4678 homes, are completely unready for the digitalk transition on Friday. Nationwide, Albuquerque-Santa Fe has the wors t percentage of unready householdsat 7.58 percent.
Los Angeless has the most number ofhouseholdw unready, standing currently at 252,180.
Saturday, November 24, 2012
WWE's 15 Most Spectacular Signature Move Variations of All Time - Bleacher Report
Bleacher Report | WWE's 15 Most Spectacular Signature Move Variations of All Time Bleacher Report There are many "WWE: All Time Greatest Finishing Moves" lists around the web, so I wanted to do something different. This slideshow will feature some amazing counters/reversals and maneuvers that caught the WWE Universe by surprise. All of these moves ... |
Wednesday, November 21, 2012
Former state senator to lead statewide health plan association - The Business Journal of the Greater Triad Area:
Johnston served in the Californi Legislature for 20 with the Assembly from 1981 to 1990 and in the Senatd from 1991to 2000. a Democrat, represented San Joaquin County in the Assembluy and served in the 5th StatdeSenate District, which encompasses Yolo County along with portionss of Sacramento, Solano and San Joaquinh counties. He served as chair of the Appropriations Committer for six years during his time inthe “Patrick brings a wealth of experience workinv within the state Capitol and valuable expertise on some of the most critical and ompledx public policy issues facing Californians,” Howars Kahn, chairman of the CAHP board of directors and CEO of , said in a news “With health care reform in Washington and our own state budget crisis, it was important for the boards to find a CEO who is well-respected in Sacramento and able to buildx effective partnershp s,” Kahn added.
Johnston will assume his new roleJuly 1. He was also the firs legislator in residence at the and served as vice chairman of theCalifornia Bay-Delta Authority, which oversee the implementation of the CALFED Bay-Delta Program. In otherf CAHP staff news, Charles Bacchi has been promoted to executive vice presidentg withthe Sacramento-based He had been vice president of legislative
Monday, November 19, 2012
Sloppy Falcons overcome errors, Cardinals - Fox News
Sloppy Falcons overcome errors, Cardinals Fox News Atlanta, GA â" The Atlanta Falcons turned the ball over six times and Matt Ryan threw a career-high five interceptions, but somehow managed to beat the Arizona Cardinals, 23-19. The Falcons (9-1) took their first lead of the game with under seven ... |
Saturday, November 17, 2012
Sancilio and Co. gets $700,000 in incentives - Triangle Business Journal:
The Town of Jupiter Economic Development Fund and Palm Beacn Gardens each gaveSCI $350,000 according to a press releaser from the , which helped facilitatd the incentives. SCI plansd to add up to seven jobs this year at its main production and warehouse facility in Riviera Beacyh with theJupiter loan. The company plansd to add approximately 18 jobs at its Palm Beacn Gardens research facility by 2010 with the Palm BeachGardens loan. The BDB estimates the total economic impac t of the SCI expansion project tobe $14.e million.
The new jobs will pay 115 percentr of thecounty “Twenty five jobs at that salary in this industru is very substantial,” said Kellg Smallridge, president and CEO of the Business Development “We are very concerne d about helping companies in our backyards – just as we are concerned aboutr attracting to new ones to our she added. Smallridge noted that the circumstances of the loan weresomewhart unique, in that Jupiter gave a loan to a Rivierza Beach enterprise, but addesd that Palm Beach municipalities are starting to think more regionally in an effort to build the growinvg biotech cluster.
“This is about the team, it’s about north county,” she said. “It’s in Riviera Beach, but it still benefits all of Nortn County.” The Town of Jupiter Economic DevelopmentrFund is, in fact, intended to stimulate biotech growt h in all of North County, said Jupiter Kate Moretto. Jupiter is actually guaranteeingthe $350,000 loan from for 36 months, Moretto Full terms of the loan were not immediately available. Palm Beach Gardenes gave Sancilio adirect $350,000 loan at 4.5 percent interes t over 36 months, said Natalie the city’s planning manager.
The city chose to go with a loan insteasd of a grantbecause it’e the right way to promote growth in bioscience and it’se a good investment, Wong added.
Friday, November 16, 2012
Universities chase stimulus cash for shovel-ready projects - Nashville Business Journal:
The tens of millions of dollara in grant proposals are targeting fundingb streams flowing down through the America Recovery andReinvestment Act’s shovel-ready initiatives. Universitiesx faced with consecutive years of funding cuts are angliny to usethe shovel-ready cash to catch up on much-needed facility upgrades, build classrooms to handle the influ x of students in need of re-trainingh or tackle big capital projectzs aimed at bolstering academics and research. The approacb is twofold at , which has seen its studen population surge by 12 percent in the past two due in part torising unemployment.
The college is seekinbg $45 million to build additional classrooj capacity on its three main campuses as well as to enhance vocationalk training facilitiesin high-demand occupations, according to Ellyn Drotzer, directod of the office of grants development. The college want s the cash, among other projects, to build out its and the Maroonw Automotive Program in Miramar to emphasize curriculum on maintaining and repairing emerginb green energy and hybrid systems in boatsand cars.
It also wants to expand classrooms foraviation training, including a facilituy to train a new generationm of air traffic controllers, which are expected to be in high demansd in a few years to replace a wave of retiring controllers, Drotzer “These are all shovelk ready,” she said. “We have a historgy of training in technical trades an now we are lookinb to be responsive to providing curriculum in this new emergingh industry ofgreen technology.
” The ’s 18-member stimulus working grouop meets regularly to discuss opportunities and set a coursr to capture as much of the federal cash as So far, the school has more than 400 proposalw seeking in excess of $350 million in “We saw this as a very significantf opportunity for the university and to do somethin g for the community,” said Richard vice provost of research at UM.
Among the projectws on the school’s shovel-ready wish list is a new $45 seawater researchg center at UM’s Rosenstiel School of Marinew and Atmospheric Science onVirginia Key, he The university is seekiny $15 million from the and $15 million from the to help buildr the center, which will study sea creaturese as well as the physics of wave s on structures. UM is also is submittiny proposals fora $15 milliojn to $20 million addition to a science buildinb at its Coral Gables campus and a multi-storg research building at its medical school. has green technology and culinary trainingy onits shovel-ready submission list. The school is requesting help fundina $22.
7 million hospitality management centerr to house a culinary arts school as well as $40 million for an extensive renovation and upgrade to decades-oldx facilities at its nortg campus and $1.2 million for an and But by most accountw competition for stimulus funds will be And specific funding priorities from federal and state allocatorsw beyond short-term projects that woulds create jobs quickly remains unclear, said Camillse Coley, assistant VP and interim director of sponsored research at . “They are not tellingv us what they arelooking for,” she But FAU is seeking $4.
5 million to help build out watee reuse infrastructure at its newly opened, gold level Leadership in Energy and and platinum level engineering building, slatex to open in 2010. The university also is seekinh federal stimulus funds to create a road connectodr system at its main campus off Glades Road in Boca Raton andadditional parking. It also wantse funding to put a green roof on itsadministrationb building. While the application process is infull swing, UM’s Bookmamn doesn’t expect the winnin g projects to be announced untio the fall.
Wednesday, November 14, 2012
Heathrow Limit Costs UK 14 Billion Pounds, Airport Says - Businessweek
The Guardian | Heathrow Limit Costs UK 14 Billion Pounds, Airport Says Businessweek Twenty-six emerging market destinations are connected with daily flights to other European cities, Heathrow Airport Ltd. said in a report released today in partnership with consultant Frontier Economics. Among destinations lacking links are Chengdu and ... Air ca pacity crunch costs UK $22 billion a year - study |
Saturday, November 10, 2012
Atlantic City's businesses suffering aftereffects of Sandy's devastation - The News Journal
Atlantic City's businesses suffering aftereffects of Sandy's devastation The News Journal ATLANTIC CITY, N.J. â" One of the first few days of warming sunshine to sweep across the Jersey Shore since Superstorm Sandy blew through the region brought with it better than expected crowds to the Atlantic City and Ocean City boardwalks Friday. |
Friday, November 9, 2012
Government opens window for building contracts - Washington Business Journal:
During the past five years, there has been a growing government demancdfor buildings, building materials and facilities maintenancew work. In fiscal 2008, the federal government spengtnearly $203 million for facilities maintenance and up from $152 million in fiscal Uncle Sam also spent $520 millioj on buildings and building materialas in fiscal ’08, an increaser from $453 million the previous fiscal year. The agencied looking for these services and productd span thefederal spectrum.
They include the General Services the departments of Agriculture andVeterands Affairs, and the individual branches of the A convergence of two forcesw in particular is opening a window of opportunity now for companied in the building The first is the push to go green. The new administrationj continues to emphasize to government agencies the importancwe of buying more green servicessand products. High on that list is the creatiob ofgreen buildings. The second factor is the American Recoveruy andReinvestment Act, bettef known as the stimulus act. Most stimulus fundse are highly focusedon “shovel ready” renovation and maintenance projects.
The $787 billion Recoverg Act was signed intolaw Feb. 17. Its purposer is to preserve andcreate jobs, provider investments to increase economic efficiency and boosft the economy. The largest sharee of GSA investment infiscalk ’09 has been designated for blue-collar operations and maintenancde services. The next largest is for land and The GSA wasallotted $5.5 billio n to convert federal buildings into high-performancse green buildings. These buildings generally combine energyu efficiency and renewable energy production to minimizerenergy use. The Air Force was allotted $1.
5 billionj to improve, repair and modernize Defense Department facilities, restore and modernize real propertincluding barracks, and investy in energy efficiency. The Social Securitu Administration was givenabout $1 billion for infrastructurw improvements, including about $500 millioj for a new data center. The Bureahu of Land Management wasallottexd $125 million for management of landsa and resources on all bureau including maintenance, rehabilitation and restoration of facilities, property, trailsa and lands and for remediation of abandonexd mines and wells.
The legislation provided an additional $180 millio n for other activities on all Bureau of Land Managementy landsincluding construction, reconstruction, decommissionin g and repair of roads, bridges, trails, property and facilitiesa and for energy-efficient retrofitws of existing facilities. The U.S. Geological Survey was allotted $140 million for investigations and researchfor repair, construction and restoratio of facilities; equipment replacement and including stream gauges and seismic and volcan o monitoring systems; national map activities; and other critical deferred maintenance and improvemenf projects. The Veterans Affairs Departmentreceived $1.
2 billion for constructioj and improvements at VA hospitalss and other medical long-term care facilities serving veterans and VA national That is just a snapshot. If you want to do businesxs withthe government, the best way to stargt is to get a GSA Schedules contract. The Recovery Act has created opportunities throughout government for a broaf rangeof contractors, and most agencies will buy thoses services and products througjh the GSA Schedules Program.
Thursday, November 8, 2012
Loft project begins at AM&A's warehouse - Business First of Buffalo:
Developer Rocco Termini has crews workinfg on interior demolition as well asasbestos removal, in the former Adam Meldrum & Anderson Co. Inc. warehouse on Washingtonb Street. The century-old building is being renovatef intoa mixed-use complex, anchored by 48 market-rate P&B Acquisitions, a loca debt collections agency, is leasing all 15,000 squared feet of the building’s office With the move, P&B hopeas to add 50 employeeds to its 120-person Termini has been securing financing and approvald for the $11 million project for nearluy two years. That includes incentives offered by the througuh itsadaptive re-use program and New York Stat e Historic Tax Credits.
Dubbed the AM&A’s Loftas after the building’s former tenant, the eight-stor y structure has been vacant for nearlg15 years. It was closed when the , which acquire the AM&A’s chain in 1993, closed the flagship Buffalol department store and the The store and warehouse are connecte via a tunnel that cuts underneathWashington AM&A’s Lofts will have 36 one-bedroom units and a doze two-bedroom units. Monthly rents will range from $795 to It’s the latest in a series of residential-fueled downtownj projects that Termini has completed inrecentg years, including developments along Ellicott, Oak and Pearo streets.
“When people say, ‘I Rocco says, ‘I can,’ ” said Michael Schmand, executive “Rocco has been doing some greag work indowntown Buffalo.” Termini said he remainx interested in buying and renovating the AM&A’s flagship store, but only if he can securer tax credits and incentives from New York
Monday, November 5, 2012
Organizers say HSBC Champions will be elevated to official PGA Tour event in ... - Washington Post
The Guardian | Organizers say HSBC Champions will be elevated to official PGA Tour event in ... Washington Post Organizers also announced that the tournament will return to Shanghai permanently in 2013 after being held this year at Missing Hill Golf Club in Shenzhen. » |
Saturday, November 3, 2012
Advanta agrees to refund customers up to $35M in FDIC agreements - Boston Business Journal:
That agreement addresses charges that theSpring House, Pa.-bases company violated federal trade laws throughh its pricing strategies on business creditt cards, and in its marketing of cash-back rewardws on the cards. Advanta said it did not admit wrongdoinv and that it entered theagreements “in the interesrt of expediency and to avoid litigation.” Advanta said it took a $14 milliojn charge to cover refunds tied to the allegecd marketing violations in third-quartefr 2008 and will take a second-quartert 2009 charge to cover refunds over its pricing strategies, which it said could totapl $21 million. Advanta also agreed to a $150,000 fine.
In a separate agreement with the FDIC, Advanta’se ability to use cash and pay dividende hasbeen restricted. The companhy must submit a plan toremain "well-capitalized," and submi a plan to terminate its deposit-taking operations and depositr insurance once its deposits are repaid in full, a procesz expected to take a few years. The second agreementg with the FDIC places restrictionson Advanta’s use of its cash payment of dividends and transactions that woulx materially alter its balance sheet composition and taking of brokered Advanta said the second order does not in any way restrict it from continuingh to service its managed credit-card accounta and receivables.
In an effort to limit losses and erosiohn of its capital ascredit deteriorates, Advanta said in early May that its securitization trust will go into earlgy amortization — where the company uses receivablesx from customers to accelerate payment to investo r bondholders. While that protects investors from prolonge exposure to a pool of receivables whose credit performancehas deteriorated, Advanta would have needer an alternative way to fund new purchases on its credit cards. So it had to shut down future use, effective May 30. It has since referred some customer to AmericanExpress Co.
Advanta’s stock closesd 2 7 percent lower Wednesday at42
Friday, November 2, 2012
UAW Local 31 approves GM concessions - Kansas City Business Journal:
UAW Local 31’s membera voted for the concessionsx by roughly 63 percent to37 percent, Presidenrt Jeff Manning said. GM’s has abou 2,100 union and about 300 salariexd workers. The vote comes the day after GM’x bid to stave off its bondholders came up pushing the company closer to a bankruptcy GM said Tuesday that its offer to bondholders totrade $27.2q billion of unsecured debt for company stock failed to satisfy the debt-reductionj requirement in its loan agreements with the . The Detroirt automaker (NYSE: GM) confirmed that the principal amountt of notes tendered was substantiallhy less than the amount GM The offer to bondholders expiredat 10:59 p.m.
The company’s board will meet to discuss the next which many analysts expect to resulty in abankruptcy filing. The federal governmeng already has loaned GM morethan $19 billion. GM facee a government-imposed Monday deadline for coming up with an acceptablew plan for surviving the economic crisiws orfiling bankruptcy.
Thursday, November 1, 2012
Doyle signs state budget, kills county sales tax - The Business Journal of Milwaukee:
Overall, the new state budget cuts overall spendingvby $3 billion, doing so while cutting 1,0009 state employees, imposing across-the-board budget cuts for statwe agencies and the rolling back of 2 percent pay raises for states employees that were to take effect this State agencies also are directed to review all service contracts to reducde personnel costs. Despite the reductionsx in spending, Doyle's office said the budgef ensures that state schools will see an increasdeof $107 million over the next two years from federaol and state funding. The budget also continues to invest in the BadgerCarew Plus program that provides health coveragefor low-income families and adults.
“Throughoutf this process, I have believe that the choices we make will reveao clearly who we are and whatwe value,” Doyle said. “k knew that if we came worked hard and made therighg choices, we could pass a budget that protected priorities like education, health care and public safety." Doyl vetoed a proposed sales tax that woulde have funded the creation of a Milwaukee County Transir Authority while keeping a Southeasternn Regional Transit Authority and an $18 car rental fee to fund the regiona l authority. The regional authority is viewesd to be key to the establishment of a KRM rapix rail system connecting Racineand Kenosha.
Doyle also used his veto authority to slasn a proposed limit on the state film incentivesa packagefrom $1.5 millionn a year to $500,000 a The incentives package will providr refundable tax credits for in-state spendinbg on film productions. Doyle had proposed killing theprevious program, which provide a 25 percent tax credit for all dollars spent on because he claimed the costs were too The $1.5 million spending limit was proposefd and qualifying expenditures clarified under the new spendinv bill. In a statement, Milwaukewe County Board Chairman Lee Holloway calledcthe governor's veto of the Milwaukee Countyu Transit Authority a "serioues setback" for the .
"Our mass transit systejm provides the economic infrastructure for Milwauke e Countyand beyond," said Holloway, addinhg that without the tax, the estimates bus service will be reducedd by 35 percent in less than seven months. Holloway called on the governord and the Legislatureto "remedy this “Last November, Milwaukee County voters supportef property tax relief via a sales tax for transit, culture and emergency medical services," he said. "While today’ veto was disappointing, I call on the governorf and the Legislature to take this as an opportunitu to swiftly enact separate enabling legislation that fulfills the wishes ofthesde voters.
"