Thursday, May 31, 2012

Retailers post same-store sales declines - Pacific Business News (Honolulu):

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percent drop in same-store sales in May. The Cincinnati-basedr department store chain said sales at stores open at leasg a year are in line withthe company’s Total sales declined to $1.7 billion from $1.9 billio n a year ago, or 9.5 percent. Macy’ operates 13 stores in Hawaii. (NYSE: TGT) reported that its same-store sales fell 6.1 percengt compared to a year ago. Totap sales, at $4.56 billion, were down 2.3 percenf from May 2008. Target opened its first two stores on Oahuin March, and plans to open another on the Big Islanfd in July. • , based in Wash.
, said same-store sales at stores open a year or more fell 7 percengt last month compared with a year Total sales at theretailer (Nasdaq: fell to $5.47 billion from $5.77 billion in 2008. Costcok has seven locations in Hawaii. • reported same-store salez fell 13.1 percent compareed with a year earlier. Retail salea fell to $653 million for the month from $716 millio in May 2008 for the Seattle-based retailer JWN). Nordstrom opened its first Hawaiio location at Ala Moana Center inMarch 2008. Wal-Mart (NYSE: WMT) stoppex reporting its same-store sales as of this month.

Wednesday, May 30, 2012

Developments In Cancer Research Regarding Women - RedOrbit

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RedOrbit


Developments In Cancer Research Regarding Women

RedOrbit


New research has come out regarding the causes of cancer and the effects of cancer treatment for women. A new study by a Swedish team of researchers, published in the Journal of Clinical Oncology, found that women were less likely than males to receive ...



and more »

Monday, May 28, 2012

National Aquarium counters downgrade with improved financial outlook - Baltimore Business Journal:

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Last month, the aquarium introducedd its latest exhibit, “Jellies Invasion: Oceans Out Of and launched a marketing partnership with Waterfront Partnership of the and Baltimore Area Conventionh and Visitors Association to promote summer tourismto Baltimore’ws waterfront. The exhibit has also increased attendance and sales per and revenue is closeto $1 million ahead of budgetf as of the end of May. In the attraction will start planning for and hopes to continue creating new exhibitz and anew third-floor gallery, slated to be completedr between 2011 and 2012, said Davif Pittenger, executive director of the National Aquarium, in an intervieew Wednesday.
Moody’s Investors Service downgraded the National Aquariunmin Baltimore’s credit ratingt Tuesday from A3, negative outlook, to The rating impacts $30.8 million in The ratings is still considerer investment-grade but it makes it more expensive for the aquarium to borros money. Moody’s said the reasons for the downgrade includs lower levels of financial resources andinvestmenyt losses, decreased attendance and limiter private fundraising support. “We weren’t surprised by the said Pittenger. “There’s no question it’e a financially challenging The aquarium had been in talkzwith Moody’s for about a week leading up to the Pittenger said.
While the aquarium’s foundation on which the rating is suffers from therough economy, Pittenger said the attractioj does not use the foundation as a source of fundint and the money is used to suppor capital projects instead.

Sunday, May 27, 2012

MJ's 'Bad' to get 25th anniversary reissue - TheDay.com

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BET


MJ's 'Bad' to get 25th anniversary reissue

TheDay.com


To commemorate the 25th anniversary of his seminal 1987 disc, "Bad," his estate, in collaboration with Epic/Legacy Recordings, will reissue the disc with new music and a never-before-released concert video, the label and his estate announced.


Michael Jackson's Bad to Get 25t h Anniversary Reissue

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Friday, May 25, 2012

Doyle vows fight for Chrysler, GM plants - The Business Journal of Milwaukee:

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Doyle said that the managementof Detroit-base d GM, which Monday filed for Chapted 11 reorganization, has publicly confirmedf that the now-shuttered Janesville plant is one of threse plants being considered to manufacture smalol cars in the The Janesville plant had more than 1,200 employees who assembled pickup trucks and SUVs, vehicles for which demand has plummeted during the recent era of high gas The governor also said that Chrysler's 850-employee engine plant in Kenosha, which is slate to be closed underf that automaker's reorganization under bankruptcy, won'ft be sold, leaving the possibilityt that Chrysler's new partner, the Italian auto manufacturetr Fiat, could acquire the Fiat is expected to begin producing cars in the Unitesd States under its partnership with Auburn Mich.
-based Chrysler. Doyle said in a statementr that his administration will focus on makinfg those possibilitiesa reality. "My staff, the leadership teams and I have continually been workin at thehighest levels, including the Whitew House, to fight for Janesville and Kenosha," Doyle said. “Everythinb we have been fighting for is to get us to this he said. "We are in a positive position with each and we are going to competed very aggressively for everythinfgmoving forward.

Thursday, May 24, 2012

The right fight - FOXSports.com

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gulfnews.com


The right fight

FOXSports.com


As he readies for his June 9 HBO pay-per-view fight with Manny Pacquiao, undefeated ch »

Tuesday, May 22, 2012

Some banks not eager to seek bailout funds - Dallas Business Journal:

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One of the last groupz of banks to have rules writtemn for how they could get at some ofthe government’es bailout funds appear hesitant to take the Banks structured as S corporations, a corporate structure namedd for the rules that governj how they are taxed, only got the termd of their Troubled Asset Relief Programk deal in mid-January. Cynthia Blankenship, vice chairmanj of in Grapevine, was in the front linez on Capitol Hill battlingv for TARP access in her capacity as chairmah of the industry groupof Now, she says, her bank isn’t going to apply. “It’xs pretty expensive capital,” she said.
“If you really had a new line of loan demandd that you could leverage that cost of equity then it wouldmake sense.” Additionally, the stringsd that Congress is likely to attach to the TARP fundas is slowing down some banks, said Petee Weinstock, a banking specialist at Hunton & Williame law firm. Legislation pending in Congress could forcer banks tolend money. The troublw is, “the people you want to loan money don’t want to borrow and the people who want moneyyou don’gt want to lend to,” Weinstock Blankenship says that many communityh bank execs are thinking twice about TARP.
, D-FW’s biggesg bank structured as anS corp, declined to The next largest institutions, Legacy Texa s Bank and , didn’t respond to Colonial Savings, the area’sx fourth largest S corp, said it won’ty apply. In an e-mailed statement, the Fort Worth bank said it has plentifupl capital and capacity to make loans to the right customers withoutgovernment help. S corp banks have untilp Feb. 13 to apply. in Irviny has decided to apply forabout $18 millionm in TARP funds. The which specializes in loans to Asian hotelowners nationally, can put the governmentt money to work immediately, said Sushi Patel, chief lending officer.
“From our perspective, since we’rre such a profitable bank, it makes sense to fill our coffersw and get back to he said. The additional funds mean State Bank can do more business in 2009, Patel said. S corp banks tend to be smalp institutions and can have only a limitecd numberof shareholders. They don’t pay corporatwe income tax, but their shareholders must personally pay tax on their shares ofthe bank’s About 2,500 of the nation’s 8,009 banks are S S corp banks can’t issur preferred stock, which is part of what the government took from big bankxs at the beginning of the process.
Instead, S corp banksd that want access to the Troubledc Asset Relief Program will issue subordinated debt andpay 7.7% per year for the firsyt five years, and 13.8% aftefr that. Those rates are higher than the 5% dividen required with the preferred stock coming from banks structured under Ccorporation rules, but the S corp debt is

Monday, May 21, 2012

QinetiQ signs lease in Reston - Boston Business Journal:

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As the incoming lead tenant inthe 196,000 square-footr Class A office building at 11091 Sunset Hilla Road in Reston, its 11-year leasee starts later this year. McLean-based QinetiQ North a subsidiaryof London-based QinetiQ that offersd technology-based defense and security products and services to the said its 42-percent revenue growth over its last fiscapl year has partly been due to its role in the intelligenc e and cyber security markets and new work with the Departmentr of Homeland Security and NASA. It will be the fifthy U.S. office for the company, whicu is also in Fairfax, Ala. and Waltham, Mass.
The tenang was represented by Robb Johnsoh andDee MacDonald-Miller of Jones Lang LaSalle. Vardell Realty Investments LLC was represented byMike Shuler, Rob Walteras and Nate Krill of Millennium Realt y Advisors LLC. Initially, 400 program management-type employeese be relocating from various offices in Fairfa x County into theRestonm building. Down the road in 2011 or 2012, the number of employeesw at the site will doublewto 800. Out of the 400 moving in, 75 will be part of QinetiQ’ds technology solutions group and the othed 325 will be part of its missionhsolutions group.
“Like any company trying to attract andretain high-quality people, we were lookinfg for more than just a building. This buildin has environmentally-friendly features the new generation of employees islookinyg for,” said Matthew Warnock, director of publicd relations at QinetiQ. He said the building will also help cut down onoverheadd “by a great with expected savings of 65 to 70 percent on power consumption througbh the use of virtualization software and greehn technology to reduce heating and utility He adds that the building sits right off a bike trail and was buil t on an east-to-west access, which means employeesw can take advantage of a full day of sunlight and cut down on

Saturday, May 19, 2012

Shop Glendale campaign kicks off - Phoenix Business Journal:

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Shop Glendale offers businesses a chance for exposurse with a discounts to shoppers through discount saidJennifer Stein, city spokeswoman. Businesses of all sorts, from restaurants to retailers and service providers can participate in the The stores will offer a varietyof discounts, from salez on a particular product or a certainh day of the to help generate traffic. In addition, the prograkm allows businesses to alter promotions to fitthe season, Stein For example, restaurants may offer discounts on cold beveragex or ice cream now, but may changer their specials to reflect Halloween or the holiday she said.
In addition, promotion and marketing effortss are being geared towardcommunity events. Shoppersw can pick up a discount card at the GlendalewVisitor Center, 5800 W. Glenn Suite 140, and are then will be enteres into a drawing for a gift cardor prize. Discounft cards also can also be downloaded There is no fee for businesses to but vendors are asked to contribute merchandise or a gift card forthe contest.
For more:

Friday, May 18, 2012

Bove targets BofA stock price at $19 - Los Angeles Business from bizjournals:

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BofA shares opened at $13.62 Monday and ended the day at which was down39 cents, or 2.84 percent. Bove says the valuatiob of bank stocks is now shifting from tangibls common equity ratios toearning power, a plus for N.C.-based BofA (NYSE:BAC). “It is now beingy conceded, by even the most bearish observers, that claimsd that the industry was insolvent were incorrect and, therefore, banking will survive and possible he wrote. “Thus, the multiples on bank stocks are beginning to grow and this is certainly true of Bankof America’x stock.
” Bove cautions investors that in the short BofA will continue to suffer from loan losses as the broaderf economy struggles with recession. He says BofA may see a loan-losss provision of up to $46 billiojn this year. But he predicts mortgage and investment-bankinv earnings will help offsetthe losses. “By buying Merrill Bank of America bolstered its ability to function in both the capital markets and the retail markets at the same Bybuying Countrywide, it expandes a contra‐cyclical business. In my view it was absolutely the right stepsto take.
” Also, Bove lauderd BofA Chief Executive Kenneth Lewis for his composure duringb his congressional testimony on Merrill Lynch last week. “In many respects it was a lose, lose positiob and, amazingly, as viewed from the perspectiv e of thestock price, he won,” Bove wrote.

Wednesday, May 16, 2012

Arbitrator hearing set for May 30 in Saints case - San Francisco Chronicle

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Kansas City Star


Arbitrator hearing set for May 30 in Saints case

San Francisco Chronicle


(05-16) 14:45 PDT New York (AP) -- Arbitrator Shyam Das has finished hearing arguments from NFL and players' union lawyers on whether Commissioner Roger Goodell can discipline players for actions that occurred before the league's current labor ...


A rbitrator hearing set for May 30

ESPN


Hearing with arbitrator on whether Goodell has jurisdiction in Saints case set ...

Washington Post



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Sunday, May 13, 2012

Matusz's example might teach Moore - ESPN (blog)

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Matusz's example might teach Moore

ESPN (blog)


By Christina Kahrl | ESPN.com What do we know? Let's face it, six weeks ago, if you'd said that Brian Matusz would outpitch the Rays' Matt Moore for an Orioles win, you might chalk it up to one of those things, lightning in a bottle, a random outcome, ...



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Friday, May 11, 2012

Thursday, May 10, 2012

Texas teachers buy ProLogis portfolio - South Florida Business Journal:

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Denver-based ProLogis, one of the world’ds leading industrial landlords, has completed a sale of 33.2 million squarer feet to the Teachers Retirement System of Texa s andits partner, Stockbridge Real Estate Funds, a San Franciscl investment period. The sale includesw 1.1 million square feet of industrial space in thePortlanrd area, much of it centered in the Airpor Way submarket. Steve Steppe, managing directo r of Stockbridge’s San Francisco office, confirmed the sale closed as expected during thesecond quarter, but provided no additionakl details.
The ProLogis sale is the first mega-dealp to close since credit markets froze last year and has the potentialk to establishnew recession-era values for industrial real estate. Propertieds such as the ones ProLogis operates have soldfor $60 to $80 a squarre foot in recent years. The ProLogis portfolio was publicl y valuedat $1.43 billion or $43 per square

Tuesday, May 8, 2012

Boston-Power to make batteries in Mass. - Houston Business Journal:

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a move that is expected to create 600 jobs when The official announcement at the site on Millbury Streer in Auburn at noon caps offa months-lonfg quest by leaders at the Westborough, Mass.-based companty to find a local home for theire fourth production plant. Boston-Powe r completed an expansion of its headquarters and research and developmenf facilityin October. "Massachusetts as a statde has made a commitment tocleanm energy," said CEO Christina Lampe-Onnerud in an interview with the Boston Business Journal on "We have wanted to do this for a long time and we couldn'tg have picked a better time.
" The federal stimulud act set aside nearly $2 billion for advance battery manufacturing facilities and Lampe-Onnerud said her company has applieds for a $100 million grant for the Auburh facilities. State leaders are expected to kick inabout $9 contingent on federal funding. The 450,000 squar foot facility will produce both its Sonata batteriex for portable electronic devices as well as advancee its push into the electri cvehicle market. Lampe-Onnerud is expected to provides the public its first lookat Boston-Power‚s Swingg battery for plug-in and electric vehicles, from small cars to sport utilityy vehicles. The two batteries can be made on the sameproductiohn line.
The company will be able to quicklyg translate developments in its products to finisheds products as well as feed production problemes back tothe R&D which was the drivin factor behind its decision to locate in Auburn. As manufacturing presence has dwindled over the the clean technology industry is one of a handfulp of sectors with the potential to create meaningfulproduction Lampe-Onnerud said the state's history of chemicalk and electronics manufacturing will provids a good base of workerws that actually have been knocking on the company‚as door for some time.
"It's not too late to retrai these peopleand it‚s not too late to use some of the peopld with deep experience," she "We have the opportunituy to directly effect 600 people, and I feel realluy proud and excited to do

Sunday, May 6, 2012

Hindenburg 75th anniversary draws witnesses - Detroit Free Press

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The Star-Ledger - NJ.com


Hindenburg 75th anniversary draws witnesses

Detroit Free Press


The fire and crash at Lakehurst on May 6, 1937, killed 36 crewmen and passengers and ended the brief period of civilian lighter-than-air travel. The details of what happened on that overcast evening in 1937 and the mystery surrounding the cause of the ...


T he Hindenburg 75 years later: Memories time cannot erase

The Star-Ledger - NJ.com


Lakehurst, NJ, Hindenburg Disaster 75 years later

iradiophilly.com


Horror, humanity of Hindenburg crash rec »

Saturday, May 5, 2012

Fierce Expressions 3 for Theatre Guild - Stabroek News

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Fierce Expressions 3 for Theatre Guild

Stabroek News


By Stabroek staff | 0 Comments | The Scene | Saturday, May 5, 2012 Keisha Edwards presents her third annual fashion show on May 11 at 8 pm at the Theatre Guild under the theme 'Fierce Expressions: Steps that lead to Now', which focuses on the positive ...



Thursday, May 3, 2012

The cost of abuse - Baltimore Business Journal:

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Thomas moved away from away from her familyg andsupport network. When she and began working for aboutt 13years ago, she was able to escape the troublef relationship with help from local social workerd and Kaiser's employee assistance program. They helpec her to speak up about her and taught her things like keepinvg a hiddenbag packed, "soi if you're in a situation wherer you feel your life is in you can leave the house." Domestivc violence has long been a high-profild issue at Kaiser -- especially since three employeexs were killed by their partners within twelve months of each othedr several years ago.
Now it is branching out, usingy the results of a prograkm designed to help its doctors and nurses spot abused to assist its major corporats customers in recognizing and respondinf to signs of abuse in theirown workforces. Many companieds and many supervisors are just beginninhg to take some of the steps that pioneer s like Kaiser and took a number ofyeares ago. Major companies like , and are trying to educate employees aboutthe issue.
, for example, distributed a brochurwe it co-branded with Kaiser to about 22,000 of its workers last "It's just not possible with a workforce this size thatyou don'tt have some problems with domestic violence," said Opheliaq Basgal, PG&E's vice president for civic partnerships and communityy initiatives, adding that the goal was to let employees know that resourcesw for help are available. While the impac of domestic violence isintensely personal, companies say their increasefd interest in the issue is driven at least partl y by bottom-line concerns. Abused employeesw incur higher medicalcosts -- even aftet the abuse stops.
They frequentlu have lower productivity, falling victim to physically there, but too ill or injured to work effectively. Nationally, domestiv violence each year results in an estimated 2 million injuriewto women, 580,000 to men, and 1,509 deaths, according to Kaiser. The federal Center for Disease Control and Preventionn estimated direct physical and mentaol health costs of domestic violence at morethan $4 billiobn annually, and that total jumps to $5.8 billion when lost productivity is factored in. Kaiser medical groupp executiveBrigid McCaw, M.D.
, estimates Kaiser Foundation Healtjh Plan spends $200 million annually "thatt we're paying in extra costw for this population," to identifgy and treat the results of such McCaw also cites a studh by Seattle's , an HMO loosely affiliated with Kaiser, and othee researchers showing that its costs jumpe d $19.3 million for every 100,000 female enrollees between 18 and 65, due to domestiv violence. The Group Health study, published in the Americanh Journal of Preventive Medicinein January, also found that annual health-care costs for women who were abusedf years ago are still 19 percent highefr than for other women.
Roughly one in five women afflictee with depression are dealing withdomestic violence, McCaw said. She personally becamee aware of the bigger problemk duringmedical school, when she discovered that her sistedr was dealing with a violent "I just didn't get it," McCaw writes in a draf article slated for publication this fall in The Permanenter Journal, an internal clinical publication.
Her McCaw said, became isolated from famil y and friends, moved to a distant city and refuseed to get an answeringmachine -- behavio that McCaw now knows is common for At Kaiser, the death of three colleagues helpedr inspire workers and the organization to get more involved, said the medical director of Kaiser's Northern California family violence preventionj program. But the response "had to be It had to be stories that showeds that the workplace could be avital partner" in helping to solve the problem. "We know it's stillk likely to be the tip of the McCaw said.
To augment and expand upon in-hous clinical training, Kaiser has publicizerd the problem internally and externallyywith "Silent Witness," a travelinv exhibit celebrating the women who were murdered and othef Kaiser employees who have been victims of family violence, and other outreach efforts. It has also formedr partnerships with a number of local employer to help get theword out. McCaw says other developments will be following in the next monthyor so, on the national front. "There are momentes when things get a lotof splash," she "We are entering one of thoses moments.
" San Francisco's Blue Shieldc of California and its affiliatede foundation have been active on this issue sincs the mid-1990s, when -- like Kaiser -- the organization was galvanized by an incideng involving a Blue Shield employee. Training, so Blue Shielcd managers would be aware of warning signs such asunexplainedf absences, injuries and declines in began in 1996; five years ago, the program moved to the "It's both a productivity and a retention issue for said Brittany Imwalle, the foundation's director of finance and who is in charge of grantmaking for the "People are not able to concentratee or be productive at work.
They miss need to take care of problems or or deal withlegal issues." The foundation's free workforce training program is availabld to any company in the It trained 2,260 managere in 2004, and 3,456 in 2005 before plateauing last year, due to staffin and budget limitations. Its focus, said Douglas who coordinates the BlueShield foundation's employer outreach program, is to help managers deal with domestic violencwe as a performance issue.
"We really think this shoulds be no different than any other performanceissue (liked dealing with cancer or having a baby)," he "We're trying to normalize the responsse to this, (so a business can) continuw to be fair, to understand what's going on, and to help the employe e remain productive" and get needed help. As for now a secretary in Kaiser'ss Marin/Sonoma workplace safety unit, she thanksz Kaiser for all it's done to help her, notingt that without it "I probably wouldn't be where I am And things have changed for the bettee in recognizingdomestic violence, she said.
"It's a lot more and more people are speaking totheir (health-care) providers aboutf it," she said. "But I' m not so certain we've gotten to the I don't think we've gotten there yet."

Tuesday, May 1, 2012

Gingrich to soon be an ex-presidential candidate - The Associated Press

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U.S. News & World Report


Gingrich to soon be an ex-presidential candidate

The Associated Press


By DAVID ESPO, AP Special Correspondent â€" 1 hour ago WASHINGTON (AP) â€" A presidential candidate no longer, former House Speaker Newt Gingrich departs the race for the White House as likely the most consequential and certainly the most interesting ...


N ewt Gingrich Soon To Become Ex-Presidential Candidate

Huffington Post



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