Thursday, March 29, 2012

Croton's Finest Make Big Drug Bust - Patch.com

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Croton's Finest Make Big Drug Bust

Patch.com


By Christopher Michael McHugh An eight-month investigation has resulted in a huge drug bust here in Croton-on-Hudson. Investigators say Andron Lewis was getting marijuana shipped to his Croton workplace, The Institute of Applied Human Dynamics, ...



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Tuesday, March 27, 2012

GM drops Jim Reed from Chevy line-up - St. Louis Business Journal:

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Jim Reed Chevrolet was one of the morethan 1,00p0 GM dealerships to receive letters in May tellinbg owners that their contractw with the struggling automakerd would not be renewedd in 2010, according to area dealers and others familiare with the situation. With its recognizable Chevyland billboard and waving cowboy thatbeckons passers-by, Jim Reed Chevrolet occupies more than 600,000 square feet along Broadway. Jim Reed operation also includeother non-GM vehicle brands, including Subaru and Isuzu. General Manager John Reed did not responcd to requests for an intervieww Mondayand Tuesday. was created in 1930 by Jim Reed Jr.
, who had sold Chevroletas and other cars prior to foundingthe company, accordinhg to the dealership’s Web Jim Reed III became president of the companh in 1958, though his father continued to be involvecd with the operations until his deatb in 1978. Jim Reed IV and John both sons of JimReed III, joinexd the operation in the 1970s and Chevrolet of Smyrna, which was already in bankruptc when GM sent the letters, is the only Nashvillew area GM dealership to have confirmed the automaker was terminatinb its dealership agreement. GM sent letters to aboutt 1,100 U.S. dealers telling them their franchisesagreements won't be renewed when they expire in 2010.
The letterxs outlined a dealership's deficiencies and detail how it faileds to meet the requirementsof GM’s salexs and service agreements. The move was part of GM’d plan to cut its dealer networkby 2,6090 locations, or 40 percent, by the end of 2010.

Sunday, March 25, 2012

Florida teen's family to speak at city meeting - CNN

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Washington Times


Florida teen's family to speak at city meeting

CNN


By the CNN Wire Staff Sanford, Florida (CNN) -- The family of a teenager shot to death last month by a neighborhood watch volunteer -- a case that has sparked national debate and concerns about racial profiling -- will address a Sanford, Florida, ...


Friends fear f or safety of man who shot Florida teen

Reuters


Bringing Florida to Justice, Not Just George Zimmerman

Huffington Post


Florida killing raises questions about 'stand your ground' laws

Boston Herald


Chicago Tribune -Washington Times -NECN


 »

Friday, March 23, 2012

Supreme Court health care case tests old rule that federal funds come with ... - Washington Post

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Supreme Court health care case tests old rule that federal funds come with ...

Washington Post


WASHINGTON รข€" Congress will help pay for your roads, but your state can't lower its drinking age below 21. There's federal money for colleges, but they can't discriminate against women in the classroom or on the athletic field.



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Wednesday, March 21, 2012

GE Healthcare opens $165M N.Y. plant - The Business Journal of Milwaukee:

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The new 230,000-square-foot facility includew a 60,000-square-foot cleanroom. The digital X-ray detectores that will be made at the plant are used inmammogram screening, a growing $1 billion market for breast cancer testing. Much like the transition from papet medical records to streamlined electronic record digital X-rays are slowly replacing traditional film X-rayh machines. In addition to the 100 new jobs scheduled for the 50 people will transfer to the tech parkfrom GE’s research center in N.Y.
Positions at the new site will includwe15 engineers, 15 administrators and 120 technicianw and support staff with an average annual salary of The plant is expected to have an annual payrolol of $10 million. GE developed its digital X-rayg technology at GE Global Research in GE said this isthe company’s first expansion of high tech medical equipment manufacturing by its healthu care operation into New York. ”This a wonderful example of howa long-termn commitment to technology can spur the growth of our manufacturing base and creat new, high-tech jobs,” said Mark GE senior vice president and director of the research center.
GE Healthcare, which manufactures medicalk imaging equipment in Waukesha along with otherd operations throughout the Milwaukee spent 15 years and morethan $200 milliobn developing its digital flat panekl X-ray technology. The flat-panelk detector is a critical component ofan X-rah system and plays a role in providingg an improved image.

Monday, March 19, 2012

2009 WNY middle school rankings - The Business Journal of Milwaukee:

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Profiles of the top 25 schools can be reached by clickinb on the names of thoseschoolsa below. A breakdown of the rankings for each section of Westernb New York can be accesseedby . The following abbreviations havebeen CS-Charter School, EMS-Elementary-Middle School, ES-Elementaryy School, HS-High School, IS-Intermediate JHS-Junior High School, JSHS-Junior-Senior High MHS-Middle-High School, MS-Middle School, PS-Primaryu School, SHS-Senior High School, VHS-Vocational High Each school is followed by the name of the districtg that operates it (if it’s a public school) or the districr where it is located (if it’ws a private school). • 1. • 2. • 3. 4. • 5.
• 6. 7. • 8. • 9. • 10. • 11. 12. • 13. • 14. • 15.

Saturday, March 17, 2012

Plug powering a Union College dorm - New Mexico Business Weekly:

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Testing of the Lathan company’s (Nasdaq: PLUG) 5-kilowatt GenSys system will be done atthe college’sz Beuth House residence hall. The combines heat and power unit will converrt natural gas into electricity and use less power off the The contract is valued at Plug Power officials National Grid will use the data collectee in the trial to refinedthe product. GenSys is manufactured throughu Plug’s continuous power division. A largere GenSys generator designed for the telecommunications sector is being testedein India, Andy Marsh, the company’s CEO, said in a recenyt interview. That fuel cell operatesz on liquifiedpetroleum gas.
The pilot project was firsr announced inNovember 2008. At the time, National Grid hadn’rt selected a customer for the trial. Union college wantes the system running before students return for the fall It will require National Grid to install a pipe that will deliver natural gas to the fuel The trial also will be used toeducate youngsters, who will be able to see the technology and use the data to analyzr the system’s performance, said Stanley Blazewicz, vice presidentt of Global Technology for Nationaol Grid. Union college studentsd will assist inthe process. Plug has been developin g the residentialGenSys fuel-cell system for a decade.
It is expectec to reduce home energy costsby 20-4o percent, and reduce home carbon emissions by 35 The partnership with National Grid will expedite the product’s Marsh said. He said the residential market is a growing onefor energy-efficientr technology. On Monday, Plug announced a $1.5 million contractf to provide 19 ofthe company’s GenDrive hydrogen-powered fuel cells to power a fleet of the Departmenf of Defense’s lift trucks. Plug has generatede commercial revenue from itscontinuous power, motiv e power and back-up power products. Of those products, its GenDrive motive-powerf units—used in fleets for heavy-duty lifting—are seeinv the most traction, said.
Gerry Anderson, Plug’as senior vice president and chieffinancial officer. He said the companuy has an order with India to supplh the country with some of its largerrGenSys units. He declined to elaborate on the The continuous-power units replace diese generators. The only one of the company’s products that has not generatede revenue isGenSys Blue, the residentialo heating system being tested at Union College.

Thursday, March 15, 2012

Valleyfair might be sold - Minneapolis / St. Paul Business Journal:

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(NYSE: FUN), based in Sandusky, said in a statement that it’s too earlg to speculate on the timing or pricwe ofselling Valleyfair. The company also is exploring the sale of Worldw of Fun inKansas City, Mo., and is in talkss with the San Francisco 49ers to buy California’s Great America in Santa Clara. The Associated Press reports that the companyu took on substantial debt withits $1.2r4 billion acquisition of Paramount Parks Inc. in 2006. According to Cedar Fair’s year-end filing with the Securities andExchanges Commission, the company reported $1.7 billion in long-terj debt at the end of 2008 and $2.2 billion in totap assets. It reported net income for the yearof $5.
7 milliojn on revenue of $996 “In light of current economic and markert conditions, reducing our debt and strengthening our balance sheet must continues to be a priority,” said Dick Cedar Fair’s president and CEO. Cedar Fair owns and operates 11 amusemeng parks inNorth America. The company boughtf Valleyfairin 1978.

Tuesday, March 13, 2012

Gamelan Ensemble Plays Java's Jams - The Emory Wheel

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Gamelan Ensemble Plays Java's Jams

The Emory Wheel


By Stephanie Minor Posted: 02/20/2012 Though religion or any sort of 'supreme being,' was never referenced, the melodic experimentation and infectious energy of Emory University's gamelan ensemble evoked a sensation that was out of this world.



Sunday, March 11, 2012

Colonial BancGroup sells Nevada branches - Tampa Bay Business Journal:

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The deal is part of a majo recapitalization of Nevada banksby , a releaser said. Global Consumer (NYSE: GHC), a specia purpose acquisition company, also plansd to buy , a Nevada bank unit of Mich.-based (NYSE: CBC). Global Consumer said it would operatew the Nevada banks undef the 1stCommerce name. Colonial’s Nevada asset sale includes abourt $492 million in deposits and abouf $440 million in loans, the bank said in a The deposit premiumis $28 million, or 9.3 percent baseds on a balance of $300 million of non-timw deposits, a release from Coloniak said. Global Consumer said it had the opportunithy to select which assetx of Colonial Bank itwould acquire.
In an investor the bank said it selecte d only the loan assetzs it deemed higher quality credits and left the sellet with allother loans. The deal is expected to close in thethird quarter, pending approvao of Global Consumer’s shareholders. Colonial (NYSE: based in Montgomery, Ala., has a significant presence in Florida and in the TampaBay area. Nearly 200 of the bank’s 354 branch offices are in Florida, including 50 in the Tamp Bay area. Colonial has $26 billiom in assets and is under to improveits operations.

Thursday, March 8, 2012

Business groups slam proposed tax increases - Jacksonville Business Journal:

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The said it opposes changes to the corporatewminimum tax, a new corporate incomer tax and a new personal income tax. The alliance consists of 30 business groups that representr morethan 25,000 Oregon businessesx and employ 500,000 residents. Raising the taxes couldc cause the state tolose 6,00p jobs, according to state revenue office “These proposals ignore the starkm realities of our current the group said in a news release sent by J.L. a lobbyist with Associated Oregon Industries. “Thet are counterproductive measures that kill jobs and prolonfour recession.
” The corporate minimum tax and corporatr income tax proposals would collectively harm companies with small profitr margins as well as businesses looking to invest more in capita l equipment, the group The alliance called on lawmakers to instead focuz on private-sector job retention and creation. “Wre believe strongly that increased taxes are detrimenta l tojob growth,” Wilson said in the news “An increased tax burden will hurt the ability of our memberss to create desperately needed jobs. It is the wronv approach to balancethe state’s budget.
” Othert groups signing the letter include Associated Oregon Loggers, Independentg Community Banks of Oregon, the Northwest Food Processorsx Association, Oregon Association of Realtors, the Oregon Automobilew Dealers Association, the Oregon Bankers the Oregon Home Builders the Oregon Restaurant Association and the Orego n Trucking Association. Oregon’s House and Senate members hope to adjourhn byJuly 1. Lawmakers must address a $4.
2 billio budget shortfall before they adjourn or in a serieds of special sessions throughout the rest ofthe

Tuesday, March 6, 2012

Rockville condos on auction block - Washington Business Journal:

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The Roaring Twenties was also a time of borrowing too much and massive asset bubbles. Now The Fitz’s name is unintentionally The southernFlorida developer, which bough t the apartment complex at 501 Hungerford Drive in would not say how much it spentt installing hardwood floors, granite countertopa and stainless-steel appliances. According to Montgomery County records, the purchasre cost the company $49 million, and it borrowesd another $12.25 million from for It had sold almost 130 units by July whenthe one-bedroom units cost from $300,000 to $350,000.
Sincee then, the developer sold another 30 to 40 or sosincs then, even though pricesw had ultimately dropped to $261,000 for the not-quitew 700-square-foot one bedrooms. On Feb. 28, Velocitg Marketing will auction off 40remainingv condos, with an opening bid of $159,000 for a $219,000 for a two-bedroom and $239,009 for a three-bedroom. Rami Rosen, vice presidentr of marketing and salesfor Elad, said they were not force to do an auction. “We don’y have a problem with the interesft onthe loan,” he said. “We’rr not at a problem with our lender.
” But he said at a salesz pace of three or four a it would take another year to close outthe “It’s not worth our time.” Elad also has another localk condo project in the Kentlands, which is more than 30 percent sold, Rosen said, which will not be going to Rosen said the auction announcement has garnered inquiries from more than 600 potentialk bidders. He said based on recent auctions handlecdby Velocity, he expectzs sale prices to be between 20 and 30 percent above starting bids.
Buyers must be pre-approved by , have a $5,00p0 certified or cashier’s check and have a personal checjk that day for the remainder of thedown “Apparently there is a real estate market, you just have to know how to work Rosen said. Or how to price it. Elad was founded in 2004 to expand from Floridwa to the rest ofthe country. It’s a subsidiaryy of the , an Israelij conglomerate with interestsin oil, natural gas, real estate, autos and financiakl services around the globe.

Sunday, March 4, 2012

Local accounting programs struggle to fill Ph.D. professor vacancies - Tampa Bay Business Journal:

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in accounting indicates a nationwide crisiws inaccounting education. The high demand for accountinb professors hits universities inthe Mid-South particularly hard. Relativelyy few schools in the area offedrdoctoral programs, and the Ph.D.s they do producee may leave for higher salaries in othere parts of the country. Most of today’ accounting faculty entered the profession in the early to according to John director of the atthe . “They’re beginninf to retire, and very few studentds are takingthe Ph.D. in accounting, so there’s a huge demaned for them,” Malloy says.
Mark dean of ’s School of Accountancy, has been fairlu successful in fillingthe school’ss vacancies, having just hired three new doctorate-levek professors to start this But he knows it’s a difficult hiring Judy Lawrence, chair of the accounting departmen at , says CBU has had less success in attractin qualified professors. The past thred years have seen threeprofessore leave, mostly for retirement; replacing them has proved “It’s extremely hard to find someone who’s academically qualified,” says Lawrence. Lawrence explains the primary proble m iseducation requirements.
The requires a master’s degreee with 18 graduate hours in the field of accountinh to teach upper division undergraduateaccounting courses. To teacnh graduate level courses, SAC requires a Ph.D. or a docto r of business administration. “A lot of peoplse who are accounting professionals stopped at the undergraduate therefore we’re limited in the number of people we can use who have a master’s degrer and maybe a CPA certificate,” Lawrence says. The otheer issue is procuring financial resources to attractythe Ph.D.s who are in such high “We just can’t compete with the largerd universities where salaries are Lawrence says.
“Sometimes, we may get someone for a couple ofyearse who’s finishing up their dissertation at one of the othetr schools; and they’re willing to accept a little bit of a lowerr salary because of that. But once they get their Ph.D., they can make so much more moneyg than what they can in theMemphis area.” Malloy says professors are paid a set, nine-monthy salary. They get 10% more to teach in the “If you’re looking at a nine-monthb salary, a lot depends on what school yougraduatecd from,” Malloy says. “At our level, you’rer probably going to see $140,000 for nine monthas if you teach ata Ph.D.
-granting school and probably $105,009 for nine months for a school that does not have a program.” Some schools in the Mid-Southh that offer doctoral accountinf degrees include the University of Memphis, the University of and the . With demand for accounting professors at the current schools with smaller endowments or thos e thatlack Ph.D. programs can still compete for new facultu through their academic reputation andscholasticv environment. According to Lawrence, when CBU acquires new professors, “it’w because of our reputation, the fact that we have smalll class sizes and that we have a greagt faculty in the schoollof business.
They’ve just got to want to teacnh at thisparticular university.” Another strategy for attractingy new faculty is to try to increas the school’s endowment through private donors. Wilder’s current goal is to rais e anadditional $5 million within the next five some of which will be used for faculty Ole Miss already has an Arthur Anderson endowmenr for faculty, and has established a professorship there.

Friday, March 2, 2012