Kamehameha Schools begins trustee search Bizjournals.com Members of the screening committee are Richard Coons, Wendy Crabb, George Freeland, Cheryl Kauhane Lupenui, Benjamin Matsubara, Wesley Park and Michael Rawlins. The committee will supply a list of three candidates to the Probate Court; the court will ... |
Friday, April 29, 2011
Kamehameha Schools begins trustee search - Bizjournals.com
Tuesday, April 26, 2011
Corn Premiums Rise as Rain Slows Shipments; Soybean Basis Falls - Bloomberg
Corn Premiums Rise as Rain Slows Shipments; Soybean Basis Falls Bloomberg The soybean basis declined. The spot-basis bid, or premium, for corn delivered this month rose to 59 cents to 65 cents a bushel above May futures, compared with 58 cents to 61 cents yesterday, US Department of Agriculture data show. ... |
Sunday, April 24, 2011
Suit claims alcohol wipes were unsafe - Milwaukee Journal Sentinel
Suit claims alcohol wipes were unsafe Milwaukee Journal Sentinel Triad Group, the Hartland medical products firm that has faced recent product recalls and a plant shutdown, is being sued by a client that says Triad's alcohol wipes and other items were unsafe for use in medical ... |
Friday, April 22, 2011
Obama visits Los Angeles, stopping traffic and turning heads - Examiner.com
AFP | Obama visits Los Angeles, stopping traffic and turning heads Examiner.com Some residents were frustrated with the resulting traffic problems, but most understood that the closures were necessary to ensure the safety of the Commander in Chief. In spite of the increased traffic and elongated commute times, scores of Angelinos ... No major traffic tie-ups during Obama visit to LA Obama's visit slows some LA traffic to a crawl Obama Descends on LA, Drivers Brace For Traffic Jams |
Tuesday, April 19, 2011
Mutai's win is a world record, and should be in the books - Boston Globe
ABC News | Mutai's win is a world record, and should be in the books Boston Globe On two accounts, Mutai's accomplishment does not meet the International Association of Athletics Federations standards for a world record. In a rule meant to equalize the impact of tailwinds, the association requires courses to loop around so that, ... Boston to Apply for World Record Boston Marathon officials say Geoffrey Mutai's winning time should be world record Boston Wants Mutai's 2:03:02 to Be World Record |
Sunday, April 17, 2011
More older workers worry about retirement - Wichita Business Journal:
The Arlington, Va.-based human resource firm says amongt workers 50 to 64years old, only 44 perceng are confident they will have enough money to live comfortablt five years into retirement. That is down from 63 percent in 2007. The outlooi 15 years into retirement is even with just 18 percent of older workers confident of beinbfinancially comfortable, compared to 34 percenyt in 2007. “Retirement securituy is a huge concern as individualws have seen significant amounts of theire pension and retirementsavings decline,” says Watson Wyatt Senior Retirement Consultant David Speier.
“The financial crisis has been especially damaginh to older workers who are worried about potential job losseas and have experienced highe r stress levels over thepast year.” As retirementg approaches, older workers are scrambling to shore up their savings, with 19 percent increasing their savings rate and 34 percentt considering doing so, the Watson Wyatt WW) survey says.
Friday, April 15, 2011
Victoria's Secret exec leaving for Lord & Taylor - Business First of Columbus:
Victoria's Secret's Mark Weikel, who has served as chief operating officer sincr 2003 and added the title of presidentyin January, will begin as COO at Lord Taylor April 9, the New York-based departmenyt store chain said. Jennifer Ortiz, spokeswoman for Victoria's Secret parent , said Jerryt Stritzke, COO for Victoria's Secret will oversee Weikel's responsibilities until a successofris named. Lord & Taylort runs 47 upscale specialty departmengt stores in nine states and the Districtfof Columbia. It does not have any locationsdin Ohio.
The chain is ownef by New York-based private equity firm , whicbh acquired the chain from (NYSE:FD) in Columbus-based Limited Brands (NYSE:LTD) runs 1,00 3 Victoria's Secret intimate apparel stores, alonbg with 2,795 other storees under the names Express, Limited, Bath Body Works, La Henri Bendel, Diva London and White Barn Candle Co.
Tuesday, April 12, 2011
Proposed Columbus biogas facility clinches air permit - Business First of Columbus:
The agency issued the permit to Schmack BioEnergyof Cleveland, which is working with Kurt Bros. Inc. to a $10 millioh anaerobic digester facility at the formerColumbus trash-burning poweer plant site off Jackson Pike. It will take treatedx sewage sludge and food waste suchas fats, oils and greasew and convert them to compressed natural gas to fuel city of Columbuz vehicles. The EPA said the air permig it issued this week sets limitations on emissions and establishees a number of regulations aimed at complying with federal and statdair standards, minimizing odors and protecting publicv health.
The agency has set a 30-dayg window on appeals to the permit with the that expires at the end ofthe month. The EPA has yet to give fina l approval to two surfaces water permits for the A public meeting is scheduledfor 6:30 on Wednesday at New Horizons United Methodist 1665 Harrisburg Pike.
Monday, April 11, 2011
Sale of Avalon Pharmaceuticals completed - Philadelphia Business Journal:
Shareholders of the Germantown company, which had been developinvg cancer drugs and a biomarker technology that identifies potentialcancer treatments, have approved the sale to , basedd in Newton, Mass., in a deal announcex in October. Delisted from the Nasdaq exchange, Avalon now stande as a subsidiary of ClinicalData CLDA), which said it is still determining its planz for the acquired company’s staff and space. “We’re interested in keepingg strong operations” in Germantown, said Clinical Data CEO Drew “We’re very focused on makin sure we prioritize the programs that provide the best returnse forour shareholders.
” A decisionb on how to combine the two operationa will probably be made in the next he said. Clinical Data expects to keep Avalon’s headquarters spacse in Germantown, but perhaps put some space up for Fromkin said. Avalon now leases nearly 56,000 squarr feet of office and lab some of it already at 20358 SenecaMeadows Parkway, in a contractr that expires in February 2013. In the acquisition deal, formerr Avalon shareholders will exchange one share of theirf stockfor 0.0470 of a share of Clinicalo Data common stock and a contingent-value righyt to receive up to 0.
01175 more shares of commonh stock based on payments that Avalon or Clinical Data receive undet certain Avalon contracts. For instance, Avalon recentlh ended a research partnershipwith , resulting in a $4 million payment from Merck to which the local company transferredc to Clinical Data. As a result of that payment, each stockholder has a contingent-value right to receive at least 0.00940 of a share of Clinicapl Datacommon stock, payable aftere June 30, 2010.
The deal ended a rockyh periodfor Avalon, which found itself with few suitorsx and fewer financial resources to keep operating as a stand-alonr company, in part because its clinical programs were so After Avalon had troublew raising financing through much of 2007 and 2008, CEO Ken Cartet began seeking potential acquirers in late June of last Two months later, with no bites, Avalon cut its stafft by a third, layinyg off 19 people, a move that triggered interesyt by some industry players for a possibled partnership, straight stock acquisition and investments. However, as Avalon’x financial situation continued to those players pulled back ontheitr offers.
Left with few options and dwindling Avalon received the offer from Clinicalp Data inlate October. The offert provided for a $10 million stock sale and what woulcd ultimatelybe $4 million in loan to sustain Avalon until the deal Clinical Data would also get an exclusive licensre to aspects of Avalon’s core technology. Avalon’se board unanimously approved the terms days Despite Avalon’s rocky history, Clinical Data, which is also developinh biomarker technology, said the smaller biotech is a good fit, especiallu with Clinical Data’s interest in getting into the field of Avalon “found themselves in a toughg market after having just created some Fromkin said.
“It was an opportunity that we felt stronglyabouf pursuing.” But Clinical Data has also revealedx some financial limitations of its own. The new parenyt has previously said it must raise money this year to help finance Avalon operations afterthe acquisition. Clinicalp Data recently raised $50 million through an investmengt group affiliated with one of its board It also sold another genomics services divisionfor $17 “Our company has consistently run tighter than most biotech companies,” Fromkin said. “That’s very much in part to knowinf our strong history ofraising capital.
We’re shoulde to shoulder with our
Saturday, April 9, 2011
NYSE stocks posting largest volume decreases - BusinessWeek
NYSE stocks posting largest volume decreases BusinessWeek Atlas Energy LP : Approximately 101300 shares changed hands, a 89.6 decrease from its 65-day average volume. The shares fell $.10 or .4 percent to $22.73. Blackrock New York Municipal 2018 Term Trust : Approximately 300 shares changed hands, ... |
Thursday, April 7, 2011
It
Even though he didn’t have prior legislativ agreement, Gov. Steve Beshear decided to go “alk in” when he called a special sessioj of the to begin onJune 15. In addition to addressingv thebudget shortfall, Beshead included legislation to allow video-lottery terminals at Kentucky’se horse tracks, legislation to create a public authority to find ways to fund majotr transportation projects and a packag of new economic development incentives. The authority legislatiohn andthe $75 million bill designecd to lure a NASCAR Sprint Cup race to Kentucku and increase incentives for the expansioh of existing businesses appear to have a good chance of beinb passed.
Both were on the way to passage durinhgthis year’s regular session before being derailed by minore differences between the House and We hope the expected battle over expanding gaming will not hurt the chances of the other two The completion of the Ohio River Bridgee project, which calls for two new bridge s over the Ohio River and a reconfiguration of Spaghettji Junction, is vital to the futurr of the Louisville region. The projec will alleviate already serious traffic congestionn and make the area a more viablw place todo business.
Establishing a public authorit y to develop funding mechanisms and to work with a counterpar t in Indiana is needed to move theproject
Tuesday, April 5, 2011
Ala health agency testing bacteria found in lab - BusinessWeek
The Birmingham News - al.com (blog) | Ala health agency testing bacteria found in lab BusinessWeek Health investigators were trying to determine whether bacteria found in a laboratory of a company that supplied contaminated intravenous feeding bags matched organisms linked to an infection outbreak in six Alabama hospitals where nine people died ... State: Answers on way in Ala infection outbreak Link sought between lab bacteria, deadly outbreak State won't let Ala pharmacy reopen amid probe |
Sunday, April 3, 2011
Homebuilder McStain files for Chapter 11 - Kansas City Business Journal:
The Louisville-based company declared $10 million to $50 million in assets, and the same rangwe in liabilities. McStain -- whic h does business as McStainNeighborhoods -- has told customers it plans to sell its finisher homes and complete those that are underr construction. The filing does not affect the Indiamn Peaks South neighborhood because of a separatrownership structure. In February of this year, McStain told customerw on its websitethat “we have been assuresd by our bankers and other professionalk associates that we are healthier than most of the private builderz they deal with. … To paraphrase Mark Twain: ‘The rumors of our demise have beengreatly exaggerated.
’ Rumors that we filede for bankruptcy are simply not true.” Other Colorado builders to declare Chapter 11 recently include Villagd Homes of Colorado in Greenwood Village, which had last year’s largest local bankruptcy reorganization with $138.4 milliob in debt, and Tousa Inc., the Florida-based parentt of Colorado’s Engle Homes Inc. John Laing Homes of Calif., which was active in metro filed Chapter 11 earlythis year. McStain’w largest unsecured creditors include Scheer’s Inc. of Illinoia (which is owed $10.85 Key Bank ($3 million), CRE400o Centennial LLC-Crestone ($2 million) and Williaj and Associates ofBoulder ($1.
54 million), according to the bankruptcyg filing. Other unsecured creditors include FirstNational Bank, GE Namaste Solar Electric Inc., Guy’s Floor Service Inc. and the City and Counth of Denver (sales tax). McStain has take n significant steps to cut costs and shore up its flaggin g business in thelast year. The builder’sx former president and CEO, Eric voluntarily left the company in late summerr 2008 tosave money, and was replaces by McStain co-founder Tom Hoyt. Hoyt took the titlesd president andboard chairman.
McStain Enterprises also closedf its physical headquarters operation in Louisville last Atthat time, McStain had 21 down from 75 people early last fall and from a peak of 115 a few yearws ago. Remaining employees were to create avirtual office, using cell phones and Tom and Caroline Hoyt, with their frienxd David Stainton, started McStain in 1966, when they boughgt a small Boulder custom buildeer called Horizon Building Co. Over the years, the partnera built the company from a simple customj builder to a designer and developerof master-planned communitiesa such as Indian Peaks in Lafayette and MeadowView in They also moved into energy-efficient housing.
McStain has worked on several urbaninfill projects, as well, includingf ones in Denver’s Lowry and Stapleton neighborhood s and Belmar in Lakewood.
Saturday, April 2, 2011
Action hero Jackie Chan and friends raise money for Japan - Monsters and Critics.com
ABC News | Action hero Jackie Chan and friends raise money for Japan Monsters and Critics.com Hong Kong - Action hero Jackie Chan and a line-up of Asian stars have raised more than 25 million Hong Kong dollars (3.2 million US dollars) for the Japanese relief effort with a concert in Hong Kong, the actor said Saturday. ... Jackie Chan leads Japan charity gig Jackie Chan Takes Action |