afukakuja.wordpress.com
"Will pay cash for California/IOUs" readse one Daly City posting on the onlineclassifiesd service. "I pay $$$ for Californis registered warrants - $9999," reads another. The Financial Timesw also reportsthat Second-Market, a company that specializes in tradinv illiquid assets such as private company stoc k and bankruptcy claims, is getting ready for a piecw of the action. "We have a wholse team working on it," it quotes the firm's CEO, Barry Silbert, as saying. Wall Stree hedge funds, municipal bond investorz and other institutions are all expectex to be interested in the as well, which have a 3.75 percentt interest rate that matures on Oct. 2.
State Controllet John Chiang has said he plans to issuenearly $3.4 billio in IOUs. After hedging most of last a number of bankincluding , , , , , and all said they will take the state'z promissory notes, but only until July 10. Palo Alto-basec has also said it would honorthe IOUs. The IOUs becamw necessary after the California Legislature failed to remedy a $24.3 billion deficit by the end of the fiscal year. By not resolvinhg the issue by the end of thefiscal year, the budgetr hole automatically grew to $26.e billion, state finance officials say.
Tuesday, May 31, 2011
Saturday, May 28, 2011
The main event: Planners strive for the 'wow' factor - Boston Business Journal:
mozybyd.wordpress.com
Surf's up! Planner: Sheralyn Caballero, Siageo Events, Event: The Beach Ball: Fund-raiser for "Save the August 2006 Venue: The Carnegie Portsmouth, R.I. The annual Save the Bay fund-raiseer had a California beach theme, includingy lifeguards, volleyball, sand-castles and a mater hula hooper. How far to the beach? Siagel said the venu is very different from anywhere else they had produced an Planners had to work with a parking area that was about a mile from the party At the parking station planners set up aphotol station, bartender and lifeguard, so the themes began right away.
Then the guestas were shuttled to the partuy spot and planners were challenged to keep the guests in a specifi area even though there was much more room on the Planners precisely placed the vignettez so that guests were contained and fully and therefore had no desire to On the cuttingroom floor: Siagel had proposexd a juggler, living statues and a Beach Boys tribute Budget considerations caused the planners to eliminate thesw items. Planner: AJ Williams, Creative Eventx Inc.
, Event: 2sDays Jam Kids Fest, June 2006 and 2007 (that'a pronounced "Tuesdays," by the way) Theme: Evenft celebrating "2sDays Challenge" a program promotinyg healthy eating and active lifestylezs for kidsages 5-13. Venue: 2006's evenr was TD BankNorth Garden; 2007 is plannef for June 24 inGillette Stadium. Numberf in attendance: 2,000 in an estimated 4,500 this year. 2sDays challengew is a three-month event in which participating childremn pledge each Tuesday to eat a balanced diet from all food groupsd and limit TV and electronics usagd to two hoursa day.
Kids who compet the challenge are eligible forthe first-evetr 2sDays Jam Kids Fest last year, whicg included a Boston Celtics basketball Clinic with the Celtic'e Dream Team and Lil' Phunk kids dance troupe, Volley Hall of Fame Boston Bruins Hockey Clinic, balloon artists, healthy food snacks, stilt walkers, a meet-and-greet with Red Sox and Patriotse mascots and an enormousz and colorful fabric tension obstacl course brought in from New York City.
Keepingt them moving The challenges includeds the TD Bank North venuwe and moving thevarious color-codedx groups of children from one activityy to another within an eight-minuted transition time on different levels into the next which were 20 minutes each. We hired additionak staff and trained more than100 (Bluee Cross volunteers -- called the Bluecrew -- to handlw this. We also planned this event twicr in the sameday -- one morning session and an afternoohn session.
The entire event was plannes (including all graphics, naming the event, logistics, contract event design, décor, and in under three months with more than 109 schoolx in 70 cities in This year's 2sDays Jam Kids Fest will be at Gillettee Stadium. Planner: Julie Wolman, Rafanelli Events, The Good Party, June 2007 Amount Close to $400,000 Morgan Memorial held its Good Party earlierr this month to mark the 100th anniversaryof Goodwill'zs Fresh Air Camp. The event, held at LouisBoston on the cornerf of Newbury and Berkeley streetsin Boston's Back Bay, was an outdoore event that included charity golf and a summe camp theme.
Camping it up Rafanelli was chosen to plan MorgahMemorial Goodwill's first fund-raiser in eight years. The companty decided on a Golf and Graze partt with a variety of outside activitiesat LouisBoston'sd store on Newbury Street-- including putt-putt golf course and a 30-foot by 150-foor tent to give the evenr a camp flavor to note the centennia l of Goodwill's Fresh Air with such attractions camp-style food and board For tables, Rafanelli hung canoes from the tent's ceiling posts. Guests and corporat e sponsors were able to sponsor holes on the golf Bryan Rafanelli came up with the golf motif afte seeing the green island spacd on theLouisBoston property.
The planners reserved a swath of sidewalk and meter space alonh Newbury Street and parked a flatbed truckl outside LouisBoston for musical entertainmentand announcements, which meantf negotiating months in advance with city officiald and nearby merchants. The day of the event was unseasonably cold, which planners believe put a dampereon attendance. However, the lower-than-expecterd attendance was offset by the fact that most of the attendeesz prepaid fortheir tickets, plannerd said. Planner: Dean Martin, Best of Boston, Client: Microsof t Corp. Event: Microsoft World Partners Meeting, July 2006 Numbe r in attendance: 6,000 Microsoft Corp.
threw the final-nighft party to thank partners for attending the annual The event took place at City Hall Plazas and was intended to give attendees a veritable tastweof Boston. Any bakexd beans? Planners set up abouyt 40 different tents for food andbeveragd distribution, with the food reflecting the various neighborhoodw of Boston. A massived covered stage and huge sound system had to be designesdand built. Since it was a public The planners hadsecurity issues, including crowd control, to Best of Boston planners said they were able to handl e every challenge as it came up -- which, as it turnede out, included the weather.
Because of rain earlu in the day, watedr had to be pumped out of the area inthe Planner: Longwood Events, Event: "Zootopia! June 2007 Venue: The State Room, Boston Amount $300,000 Zootopia is an annuap fund-raiser to benefit Zoo New England's educational, conservationb and recreation activities.Zoo New England operates the Franklin Park Zoo in Dorchesteer and the Stone Zoo in Stoneham. It' s a jungle in here ... For this year's event, Longwood Eventsd created a "Jungle in the atop 60 State Street.
Event plannerx transformed the space to give guestes a jungle experience that included 600tropicalo plants, staff in safari jungle outfits, jungle noisez in the background, live snakes, ferrets and exotic birds -- all with professionao handlers -- and a menu featuring tropical and exotic There were three separate environments -- one for cocktaikl reception, one for a seated dinner and one for a late-nighr dessert reception.
Surf's up! Planner: Sheralyn Caballero, Siageo Events, Event: The Beach Ball: Fund-raiser for "Save the August 2006 Venue: The Carnegie Portsmouth, R.I. The annual Save the Bay fund-raiseer had a California beach theme, includingy lifeguards, volleyball, sand-castles and a mater hula hooper. How far to the beach? Siagel said the venu is very different from anywhere else they had produced an Planners had to work with a parking area that was about a mile from the party At the parking station planners set up aphotol station, bartender and lifeguard, so the themes began right away.
Then the guestas were shuttled to the partuy spot and planners were challenged to keep the guests in a specifi area even though there was much more room on the Planners precisely placed the vignettez so that guests were contained and fully and therefore had no desire to On the cuttingroom floor: Siagel had proposexd a juggler, living statues and a Beach Boys tribute Budget considerations caused the planners to eliminate thesw items. Planner: AJ Williams, Creative Eventx Inc.
, Event: 2sDays Jam Kids Fest, June 2006 and 2007 (that'a pronounced "Tuesdays," by the way) Theme: Evenft celebrating "2sDays Challenge" a program promotinyg healthy eating and active lifestylezs for kidsages 5-13. Venue: 2006's evenr was TD BankNorth Garden; 2007 is plannef for June 24 inGillette Stadium. Numberf in attendance: 2,000 in an estimated 4,500 this year. 2sDays challengew is a three-month event in which participating childremn pledge each Tuesday to eat a balanced diet from all food groupsd and limit TV and electronics usagd to two hoursa day.
Kids who compet the challenge are eligible forthe first-evetr 2sDays Jam Kids Fest last year, whicg included a Boston Celtics basketball Clinic with the Celtic'e Dream Team and Lil' Phunk kids dance troupe, Volley Hall of Fame Boston Bruins Hockey Clinic, balloon artists, healthy food snacks, stilt walkers, a meet-and-greet with Red Sox and Patriotse mascots and an enormousz and colorful fabric tension obstacl course brought in from New York City.
Keepingt them moving The challenges includeds the TD Bank North venuwe and moving thevarious color-codedx groups of children from one activityy to another within an eight-minuted transition time on different levels into the next which were 20 minutes each. We hired additionak staff and trained more than100 (Bluee Cross volunteers -- called the Bluecrew -- to handlw this. We also planned this event twicr in the sameday -- one morning session and an afternoohn session.
The entire event was plannes (including all graphics, naming the event, logistics, contract event design, décor, and in under three months with more than 109 schoolx in 70 cities in This year's 2sDays Jam Kids Fest will be at Gillettee Stadium. Planner: Julie Wolman, Rafanelli Events, The Good Party, June 2007 Amount Close to $400,000 Morgan Memorial held its Good Party earlierr this month to mark the 100th anniversaryof Goodwill'zs Fresh Air Camp. The event, held at LouisBoston on the cornerf of Newbury and Berkeley streetsin Boston's Back Bay, was an outdoore event that included charity golf and a summe camp theme.
Camping it up Rafanelli was chosen to plan MorgahMemorial Goodwill's first fund-raiser in eight years. The companty decided on a Golf and Graze partt with a variety of outside activitiesat LouisBoston'sd store on Newbury Street-- including putt-putt golf course and a 30-foot by 150-foor tent to give the evenr a camp flavor to note the centennia l of Goodwill's Fresh Air with such attractions camp-style food and board For tables, Rafanelli hung canoes from the tent's ceiling posts. Guests and corporat e sponsors were able to sponsor holes on the golf Bryan Rafanelli came up with the golf motif afte seeing the green island spacd on theLouisBoston property.
The planners reserved a swath of sidewalk and meter space alonh Newbury Street and parked a flatbed truckl outside LouisBoston for musical entertainmentand announcements, which meantf negotiating months in advance with city officiald and nearby merchants. The day of the event was unseasonably cold, which planners believe put a dampereon attendance. However, the lower-than-expecterd attendance was offset by the fact that most of the attendeesz prepaid fortheir tickets, plannerd said. Planner: Dean Martin, Best of Boston, Client: Microsof t Corp. Event: Microsoft World Partners Meeting, July 2006 Numbe r in attendance: 6,000 Microsoft Corp.
threw the final-nighft party to thank partners for attending the annual The event took place at City Hall Plazas and was intended to give attendees a veritable tastweof Boston. Any bakexd beans? Planners set up abouyt 40 different tents for food andbeveragd distribution, with the food reflecting the various neighborhoodw of Boston. A massived covered stage and huge sound system had to be designesdand built. Since it was a public The planners hadsecurity issues, including crowd control, to Best of Boston planners said they were able to handl e every challenge as it came up -- which, as it turnede out, included the weather.
Because of rain earlu in the day, watedr had to be pumped out of the area inthe Planner: Longwood Events, Event: "Zootopia! June 2007 Venue: The State Room, Boston Amount $300,000 Zootopia is an annuap fund-raiser to benefit Zoo New England's educational, conservationb and recreation activities.Zoo New England operates the Franklin Park Zoo in Dorchesteer and the Stone Zoo in Stoneham. It' s a jungle in here ... For this year's event, Longwood Eventsd created a "Jungle in the atop 60 State Street.
Event plannerx transformed the space to give guestes a jungle experience that included 600tropicalo plants, staff in safari jungle outfits, jungle noisez in the background, live snakes, ferrets and exotic birds -- all with professionao handlers -- and a menu featuring tropical and exotic There were three separate environments -- one for cocktaikl reception, one for a seated dinner and one for a late-nighr dessert reception.
Thursday, May 26, 2011
GM to eliminate 90 Pennsylvania dealerships - The Business Journal of the Greater Triad Area:
grihanovveimavox.blogspot.com
That's according to the company's "winxd down" list that GM provided to the U.S. Houser Energy and Commerce Committee's subcommittee on oversight and investigations made public as part of a hearinglast Friday. While GM hasn'tf made public the specific dealers whose franchise rights it is the company revealed that it has targeted 90 of its car dealerds in Pennsylvania to be closed in the next 12 to17 That's 11 more than the next hardest-hit Ohio (79), followed by Illinois (66), California New York (60) and Michigan (58).
GM planw to reduce its dealershio ranks from morethan 6,000 to an "idealo dealer blue print" of 3,380 Long the biggest auto manufacturer in the United GM filed for Chapter 11 bankruptcy protection from creditors in United Statea Bankruptcy Court a little more than two weeks ago. GM is basingf its closures on the dealer performance scorexs that take intoaccount dealers' sales, customer capitalization and profitability.
While GM's local dealershipxs to close have not been made the company's plans to reduce its dealer count in Pennsylvaniwa follows Chrysler's May announcemeny that it would eliminate 789 dealershipsw nationwide, which include 53 statewide and 12 in westernn Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'sz assets recently exited bankruptcy couryt as part of a new company now owned by Italianautomaker Fiat.
That's according to the company's "winxd down" list that GM provided to the U.S. Houser Energy and Commerce Committee's subcommittee on oversight and investigations made public as part of a hearinglast Friday. While GM hasn'tf made public the specific dealers whose franchise rights it is the company revealed that it has targeted 90 of its car dealerds in Pennsylvania to be closed in the next 12 to17 That's 11 more than the next hardest-hit Ohio (79), followed by Illinois (66), California New York (60) and Michigan (58).
GM planw to reduce its dealershio ranks from morethan 6,000 to an "idealo dealer blue print" of 3,380 Long the biggest auto manufacturer in the United GM filed for Chapter 11 bankruptcy protection from creditors in United Statea Bankruptcy Court a little more than two weeks ago. GM is basingf its closures on the dealer performance scorexs that take intoaccount dealers' sales, customer capitalization and profitability.
While GM's local dealershipxs to close have not been made the company's plans to reduce its dealer count in Pennsylvaniwa follows Chrysler's May announcemeny that it would eliminate 789 dealershipsw nationwide, which include 53 statewide and 12 in westernn Pennsylvania. After filing for chapter 11 in May, the bulk of Chrysler'sz assets recently exited bankruptcy couryt as part of a new company now owned by Italianautomaker Fiat.
Tuesday, May 24, 2011
Apple may drop into Catawba County - Charlotte Business Journal:
wood siding installation
The Apple center would creatd 50 jobs and representNorth Carolina’s second-largest incentivr package ever. Huge server farms are alreaduy on thewant list, says Scott president. “They’ve been a targetf of ours for four years.” Several data center project s are consideringthe county, he says. The primar y site that interests Apple isthe 180-acre Catawbaw Data Park, a greenfield projecy planned along U.S. Highway 321 near Newton, sourcexs say. There Apple would get its preferencw for a campus settin g with otherdata centers. Perdue says Applde will build in North Carolina butshe didn’t announce a specifi site.
“We welcome Applew to North Carolina and look forward to workinf with the company as it begins providing a significang economic boost to local communitieas andthe state.” Apple spokeswoman Susan Lundgren says constructiojn in North Carolina will begin “We are getting started right away to acquire a The announcement comes after Perdue signes Senate Bill 575, which modifies the method by which capital-intensive businessesd calculate corporate income tax liabilit y in North Carolina. The N.C. incentives would rebatew $46 million to Apple over the next 10 If the center operated for 30 the price tag of the inducementw would zoomto $300 according to a legislative analysis.
Apple has hired of Atlanta, an offshoot of that develops data T5 tried to interest Apple inthe 215,000-square-foot former Chris-Crafr facility in Kings Mountain. Millar deflected questionz about Apple. “If there were a user on the I would becalling you,” he says. Apple needs the East Coast site for its server farm to handlew growth in its iTunesonline store. Its last significantf data center, a $50 million opened in Newark, Calif., in 2006.
The Apple center would creatd 50 jobs and representNorth Carolina’s second-largest incentivr package ever. Huge server farms are alreaduy on thewant list, says Scott president. “They’ve been a targetf of ours for four years.” Several data center project s are consideringthe county, he says. The primar y site that interests Apple isthe 180-acre Catawbaw Data Park, a greenfield projecy planned along U.S. Highway 321 near Newton, sourcexs say. There Apple would get its preferencw for a campus settin g with otherdata centers. Perdue says Applde will build in North Carolina butshe didn’t announce a specifi site.
“We welcome Applew to North Carolina and look forward to workinf with the company as it begins providing a significang economic boost to local communitieas andthe state.” Apple spokeswoman Susan Lundgren says constructiojn in North Carolina will begin “We are getting started right away to acquire a The announcement comes after Perdue signes Senate Bill 575, which modifies the method by which capital-intensive businessesd calculate corporate income tax liabilit y in North Carolina. The N.C. incentives would rebatew $46 million to Apple over the next 10 If the center operated for 30 the price tag of the inducementw would zoomto $300 according to a legislative analysis.
Apple has hired of Atlanta, an offshoot of that develops data T5 tried to interest Apple inthe 215,000-square-foot former Chris-Crafr facility in Kings Mountain. Millar deflected questionz about Apple. “If there were a user on the I would becalling you,” he says. Apple needs the East Coast site for its server farm to handlew growth in its iTunesonline store. Its last significantf data center, a $50 million opened in Newark, Calif., in 2006.
Saturday, May 21, 2011
American General to lay off 124 in Houston - Business First of Buffalo:
metal siding pricing
The total reduction amounts to about 17 percenrt of AmericanGeneral employees. American General is a subsidiary of beleaguered insurancegiant , or AIG, which has laid off hundredse of employees worldwide this Houston and Milwaukee are the two citiexs most heavily impacted by the layoffs caused by economic conditions, according to Shayna Schulz, American General vice presidenr of corporate communications. Milwaukee will lose 290 jobs as the resulr of the closure of anoperationws center, she said. Schulz did not provide the total number of American General employees in Some other AIG divisions with offices here have had layoffssince September, she added.
All affectesd employees have been provided with outplacement servicex and are eligible for open positions elsewherwith AIG. “We are deeply grateful for the contributionds of our colleagues who have been impactedr by this decision and believe it will resul in American General Life Companies becoming a more competitive organization focusedon long-term profitable growth that will benefift all shareholders, policyholders, as well as our employees,” the compant said in a statement issued
The total reduction amounts to about 17 percenrt of AmericanGeneral employees. American General is a subsidiary of beleaguered insurancegiant , or AIG, which has laid off hundredse of employees worldwide this Houston and Milwaukee are the two citiexs most heavily impacted by the layoffs caused by economic conditions, according to Shayna Schulz, American General vice presidenr of corporate communications. Milwaukee will lose 290 jobs as the resulr of the closure of anoperationws center, she said. Schulz did not provide the total number of American General employees in Some other AIG divisions with offices here have had layoffssince September, she added.
All affectesd employees have been provided with outplacement servicex and are eligible for open positions elsewherwith AIG. “We are deeply grateful for the contributionds of our colleagues who have been impactedr by this decision and believe it will resul in American General Life Companies becoming a more competitive organization focusedon long-term profitable growth that will benefift all shareholders, policyholders, as well as our employees,” the compant said in a statement issued
Thursday, May 19, 2011
Jonathan Storm: CBS shifts 'CSI,' 'Good Wife,' adds five shows - Philadelphia Inquirer
ishinlyuboqemija.blogspot.com
Jonathan Storm: CBS shifts 'CSI,' 'Good Wife,' adds five shows Philadelphia Inquirer CBS Wednesday announced it would shift CSI: Crime Scene Investigation from Thursdays at 9 pm, where it has resided for 10 years and was once TV's most dominant scripted series. CSI will air Wednesdays at 10, following Criminal Minds, ... |
Tuesday, May 17, 2011
Hawaiian Crabs Vanished When Humans Arrived - LiveScience.com
vilyfijohy.wordpress.com
LiveScience.com | Hawaiian Crabs Vanished When Humans Arrived LiveScience.com Their disappearance may be the first documented extinction of a crab during humans' presence on the planet, according to researchers. Land crabs spend their adult lives in forests, and make risky trips to the oceans to release their larvae, ... UF researchers link oceanic land crab extinction to colonization of Hawaii |
Sunday, May 15, 2011
Power to the Purple - Jerusalem Post
houghtalingbaemo1268.blogspot.com
Commentary | Power to the Purple Jerusalem Post The lineup â€" consisting of vocalist Ian Gillan, Roger Glover on bass, Ian Paice on drums, Steve Morse on guitar and Don Airey on keyboards â€" has been stable for a decade now. That was when Airey replaced founding organist Jon Lord â€" otherwise, ... Deep Purple C ! » |
Thursday, May 12, 2011
University System of Md. to break up biotechnology institute - Silicon Valley / San Jose Business Journal:
grigoriynirim.blogspot.com
The public university system’s Board of Regents approvef Friday a sweeping restructuring ofthe (UMBI) that will parcekl out its four research centers, along with stafc and other assets, to other System leaders hope the restructuring will drive research collaboratiob and boost access to outside It also means an end for which was launched to greaty fanfare two decades ago with the mission of advancing research and economic development for what was then the state’s nascentt biotech industry.
A months-long study of UMBI by an ad hoc committee led by USM regentz Chairman Clifford Kendall concludedthat “the organization of UMBI as a geographicallyu dispersed, free-standing entity has created intractabls problems.” Those problems included an inability to scale UMBI programs, isolation among UMBI’s research centers, the lack of a critica l mass of graduate and undergraduate students involvedr in UMBI research, and administrativd inefficiencies.
“After a comprehensive and deliberative process, we have concludedd that restructuring UMBI’s assets is the right thin g to do,” Kendall said in a “With a focus on collaborationm — across disciplines and across institutions and with recognition of the exceptionaol talent within the UMBI community andthe system’s othedr institutions, this action will positiob USM to take fuller advantage of its system-wide strengthxs in the biosciences and to fuel the state’ws knowledge economy even more.” The move isn’gt a total surprise. Critics have long questioned whethe r the state was duplicating its researchy efforts inthe biosciences.
UMBI’s four centers in Rockville and College Park conduct researchon medical, marine and environmental science. At the same state funding for higher education is pincher by the recession andthe state’zs budget deficit, and universities’ research needse are growing. Under the restructuring approve d Friday by the regents at a meeting in a joint University System of Maryland researc center will be establishedat UMBI’s Center for Advancec Research in Biotechnology in Rockville.
The system’s flagshi p College Park campus will overses the facility and work with the University of Baltimore to elevate work in engineering and computational sciences as well as structural protein design anddrug discovery. • UMBI’s Center for Biosystems Researcjh will also be overseen byCollegd Park. • A joint research center at UMBI’s Center of Marine Biotechnology in Baltimore willbe established, with administrativew responsibility falling to the University of Baltimore County.
UMBC will collaborate with the Universitty of Maryland Center for Environmental Science and the Universityuof Maryland, Baltimore to drive research in environmental and genomic sciences. • UMBI’s Baltimore-based Medical Biotechnology Center will fall under the Universityof Baltimore’s purview. • UMBI’s Institute of Fluorescence will be administeredeby UMBC. • UMBI’s K-12 educationap programs will be overseen by with an eye on enhancinyg itsteaching focus. UMBI President Jennie Hunter-Cevera is stepping down June 30 afterd 10 years inthat role.
She will become executivre vice president of discovery and analytical sciences and corporatwe developmentat , a North Carolinza nonprofit. The University System of Maryland will honor tenurr held by UMBIfaculty members, and administrativwe support staffers will be able to stay in theirt jobs through fiscal 2010. Job opportunities at other system campusese willbe identified, and memoranda of understanding outlininv future operations and collaborations are expectedx to be completed by the end of this year and fullyt implemented by the end of fiscal 2010.
UMBI generates about $25 million in research activit annually, and university system leaders hope to see that numbedr increase dramatically by breaking upthe “Today’s decisions by the board providew a tremendous opportunity for the University System of Maryland to increase the volumew and impact of its basic and appliee research in the biosciences,” said USM Chancellor William E. Kirwabn in a statement. “This restructuring has the potential to doublee the research productivityof UMBI’s current assets withi n five years.
”
The public university system’s Board of Regents approvef Friday a sweeping restructuring ofthe (UMBI) that will parcekl out its four research centers, along with stafc and other assets, to other System leaders hope the restructuring will drive research collaboratiob and boost access to outside It also means an end for which was launched to greaty fanfare two decades ago with the mission of advancing research and economic development for what was then the state’s nascentt biotech industry.
A months-long study of UMBI by an ad hoc committee led by USM regentz Chairman Clifford Kendall concludedthat “the organization of UMBI as a geographicallyu dispersed, free-standing entity has created intractabls problems.” Those problems included an inability to scale UMBI programs, isolation among UMBI’s research centers, the lack of a critica l mass of graduate and undergraduate students involvedr in UMBI research, and administrativd inefficiencies.
“After a comprehensive and deliberative process, we have concludedd that restructuring UMBI’s assets is the right thin g to do,” Kendall said in a “With a focus on collaborationm — across disciplines and across institutions and with recognition of the exceptionaol talent within the UMBI community andthe system’s othedr institutions, this action will positiob USM to take fuller advantage of its system-wide strengthxs in the biosciences and to fuel the state’ws knowledge economy even more.” The move isn’gt a total surprise. Critics have long questioned whethe r the state was duplicating its researchy efforts inthe biosciences.
UMBI’s four centers in Rockville and College Park conduct researchon medical, marine and environmental science. At the same state funding for higher education is pincher by the recession andthe state’zs budget deficit, and universities’ research needse are growing. Under the restructuring approve d Friday by the regents at a meeting in a joint University System of Maryland researc center will be establishedat UMBI’s Center for Advancec Research in Biotechnology in Rockville.
The system’s flagshi p College Park campus will overses the facility and work with the University of Baltimore to elevate work in engineering and computational sciences as well as structural protein design anddrug discovery. • UMBI’s Center for Biosystems Researcjh will also be overseen byCollegd Park. • A joint research center at UMBI’s Center of Marine Biotechnology in Baltimore willbe established, with administrativew responsibility falling to the University of Baltimore County.
UMBC will collaborate with the Universitty of Maryland Center for Environmental Science and the Universityuof Maryland, Baltimore to drive research in environmental and genomic sciences. • UMBI’s Baltimore-based Medical Biotechnology Center will fall under the Universityof Baltimore’s purview. • UMBI’s Institute of Fluorescence will be administeredeby UMBC. • UMBI’s K-12 educationap programs will be overseen by with an eye on enhancinyg itsteaching focus. UMBI President Jennie Hunter-Cevera is stepping down June 30 afterd 10 years inthat role.
She will become executivre vice president of discovery and analytical sciences and corporatwe developmentat , a North Carolinza nonprofit. The University System of Maryland will honor tenurr held by UMBIfaculty members, and administrativwe support staffers will be able to stay in theirt jobs through fiscal 2010. Job opportunities at other system campusese willbe identified, and memoranda of understanding outlininv future operations and collaborations are expectedx to be completed by the end of this year and fullyt implemented by the end of fiscal 2010.
UMBI generates about $25 million in research activit annually, and university system leaders hope to see that numbedr increase dramatically by breaking upthe “Today’s decisions by the board providew a tremendous opportunity for the University System of Maryland to increase the volumew and impact of its basic and appliee research in the biosciences,” said USM Chancellor William E. Kirwabn in a statement. “This restructuring has the potential to doublee the research productivityof UMBI’s current assets withi n five years.
”
Tuesday, May 10, 2011
Stanford Medical School nets $6.9M in federal stimulus funding - Baltimore Business Journal:
http://damicotkd.org/info/stepsparring.html
million in federal economic stimulus funding. Eleven of the newlyu funded projects hadbeen peer-reviewed and approvedf but hadn’t received money yet. Anothef six involved supplemental grants to existing projects. And in one case, the NIH awardec $500,000 to a researchee to buy two photon microscopes that will be sharerd withother laboratories. These projects are the first at the medica school to receive support under theObamaw administration’s national stimulus plan, with additional granta expected down the road, officials said. “This is a said Francis Blankenberg, M.D., associate professo of radiology andof pediatrics, who received $655,00 0 in stimulus funds.
“It really stabilizes the lab.” Phili Pizzo, M.D., dean of the School of said the stimulus funding is critical tothe country’s health-car reform effort because of the linkage betweenj research and medical care. “After six yeards of NIH funding that constantly lost its valud againstinflation — with a profoundlt negative impact on our nation’s prized biomedical research enterprise — the stimulu funding is helping to take research off life support and breathwe new hope for work that we hope will ultimatelty improve the lives of adults and children,” Pizzp said in the June 16 statement.
million in federal economic stimulus funding. Eleven of the newlyu funded projects hadbeen peer-reviewed and approvedf but hadn’t received money yet. Anothef six involved supplemental grants to existing projects. And in one case, the NIH awardec $500,000 to a researchee to buy two photon microscopes that will be sharerd withother laboratories. These projects are the first at the medica school to receive support under theObamaw administration’s national stimulus plan, with additional granta expected down the road, officials said. “This is a said Francis Blankenberg, M.D., associate professo of radiology andof pediatrics, who received $655,00 0 in stimulus funds.
“It really stabilizes the lab.” Phili Pizzo, M.D., dean of the School of said the stimulus funding is critical tothe country’s health-car reform effort because of the linkage betweenj research and medical care. “After six yeards of NIH funding that constantly lost its valud againstinflation — with a profoundlt negative impact on our nation’s prized biomedical research enterprise — the stimulu funding is helping to take research off life support and breathwe new hope for work that we hope will ultimatelty improve the lives of adults and children,” Pizzp said in the June 16 statement.
Sunday, May 8, 2011
Tenn. wins national praise for paperless prescriptions - Nashville Business Journal:
mesiaipuhuni1981.blogspot.com
Gov. Phil Bredesen, co-chairman of the , hosted the “Paperless prescribing is making its way into the healtjh care mainstream in Tennessee and acrossthe nation,” Bredesebn says. “It’s our hope to see e-prescribinbg become a natural part of every healtgcare provider’s workflow because of its practicall benefits to patients in providing better care.” E-prescribin is the use of secure health care informatioj technology when filling and re-fillint prescriptions to improve accuracy, increase patient safety and reduce costs.
Last December, Bredesen announceed the launchof e-Prescribe Tennessee, a program that has criss-crossed the state educating health care provider on the advantages of e-prescribing. Tennesseew health care providersissued 1.5 milliobn electronic prescriptions in 2008, a 160 percenyt increase over 2007. The state’s ranking went from 29th to
Gov. Phil Bredesen, co-chairman of the , hosted the “Paperless prescribing is making its way into the healtjh care mainstream in Tennessee and acrossthe nation,” Bredesebn says. “It’s our hope to see e-prescribinbg become a natural part of every healtgcare provider’s workflow because of its practicall benefits to patients in providing better care.” E-prescribin is the use of secure health care informatioj technology when filling and re-fillint prescriptions to improve accuracy, increase patient safety and reduce costs.
Last December, Bredesen announceed the launchof e-Prescribe Tennessee, a program that has criss-crossed the state educating health care provider on the advantages of e-prescribing. Tennesseew health care providersissued 1.5 milliobn electronic prescriptions in 2008, a 160 percenyt increase over 2007. The state’s ranking went from 29th to
Thursday, May 5, 2011
Hotel company opening Fairfield Inn near Blankenbaker - Dayton Business Journal:
http://workguru.wordpress.com/2011/05/04/who-will-win-a-bamboo-floor-or-pith/
and its principal, Hiten Timbawala, will open an 85-room Fairfielrd Inn & Suites on April 15 in the Blankenbaker Parkway The $8 million development, located at 1220 Kentuckg Mills Drive, will have more than 60 suites and features a conference room with a 100-person a business library, a fitness center and an indoor pool. “Thiw hotel is all abouyt corporate travelers,” Timbawala said. “It’sd very much designed for corporate plans.” The Fairfield Inn is the firsr HRS hotel in the highly traveled Blankenbaker corridor andthe company’sd first affiliated with Washington, D.C.
-based Timbawala said he and his companh are “very proud” of the brand affiliation, and they believw it will help them stay competitivr in an area of town already crowdexd with hotels. Marriott officialsz could not be reached for commenf beforeBusiness First’s prese deadline. HRS plans to construct two more hotels with Marriottflaga soon. Work is expected to begijn in 2010 ona 100-room Fairfielf Inn & Suites and a 100-room TownePlace Suites, accordintg to Timbawala. Both limited-service properties will be locatexd onCrittenden Drive, near HRS’zs $10 million, 106-room Holiday Inn, which openec last summer at 447 Farmingtonn Ave.
The hotel site is located acrosxs from Gate 3 of the and close to theInterstate 65-Crittenden Drive interchange. As part of the two-hotel HRS also plans to build a standaloned building with upto 8,00p0 square feet to house a sit-down restaurant, Timbawala The company has not yet found a tenant or operator for the restaurant. In addition to its Louisvillwe plans, HRS will open its eighth hotel, a 76-room Comforgt Inn, in Corydon, Ind., by the end of the Timbawala said. Financing for HRS’s currentt projects is being provide by a Chicago bank that Timbawala declineddto name. Several previous projects were financexdby Louisville-based , he said.
Planx for a Blankenbaker hotel have been in the works for some HRS purchased its Blankenbakercorridor property, about 4.3 from an affiliate of Louisville-based in Decembetr 2005. Since that time, the company entertainec several other potential hotel Timbawala said, but held out until it was able to reacgh an agreement with Marriott. “We had he said. “We were approacheds by several brands.” Timbawala is bullisy on the Blankenbaker Parkway area becausde of its proximity to a numberf of corporate headquarters and offices parks in easternJefferson County.
He also believez his soon-to-open hotel will benefit from weekend leisure travelers and sports teams who come to Louisville to use the nearbyathletic facilities, such as All About Kids and .
and its principal, Hiten Timbawala, will open an 85-room Fairfielrd Inn & Suites on April 15 in the Blankenbaker Parkway The $8 million development, located at 1220 Kentuckg Mills Drive, will have more than 60 suites and features a conference room with a 100-person a business library, a fitness center and an indoor pool. “Thiw hotel is all abouyt corporate travelers,” Timbawala said. “It’sd very much designed for corporate plans.” The Fairfield Inn is the firsr HRS hotel in the highly traveled Blankenbaker corridor andthe company’sd first affiliated with Washington, D.C.
-based Timbawala said he and his companh are “very proud” of the brand affiliation, and they believw it will help them stay competitivr in an area of town already crowdexd with hotels. Marriott officialsz could not be reached for commenf beforeBusiness First’s prese deadline. HRS plans to construct two more hotels with Marriottflaga soon. Work is expected to begijn in 2010 ona 100-room Fairfielf Inn & Suites and a 100-room TownePlace Suites, accordintg to Timbawala. Both limited-service properties will be locatexd onCrittenden Drive, near HRS’zs $10 million, 106-room Holiday Inn, which openec last summer at 447 Farmingtonn Ave.
The hotel site is located acrosxs from Gate 3 of the and close to theInterstate 65-Crittenden Drive interchange. As part of the two-hotel HRS also plans to build a standaloned building with upto 8,00p0 square feet to house a sit-down restaurant, Timbawala The company has not yet found a tenant or operator for the restaurant. In addition to its Louisvillwe plans, HRS will open its eighth hotel, a 76-room Comforgt Inn, in Corydon, Ind., by the end of the Timbawala said. Financing for HRS’s currentt projects is being provide by a Chicago bank that Timbawala declineddto name. Several previous projects were financexdby Louisville-based , he said.
Planx for a Blankenbaker hotel have been in the works for some HRS purchased its Blankenbakercorridor property, about 4.3 from an affiliate of Louisville-based in Decembetr 2005. Since that time, the company entertainec several other potential hotel Timbawala said, but held out until it was able to reacgh an agreement with Marriott. “We had he said. “We were approacheds by several brands.” Timbawala is bullisy on the Blankenbaker Parkway area becausde of its proximity to a numberf of corporate headquarters and offices parks in easternJefferson County.
He also believez his soon-to-open hotel will benefit from weekend leisure travelers and sports teams who come to Louisville to use the nearbyathletic facilities, such as All About Kids and .
Tuesday, May 3, 2011
Regalo ownership changes hands - The Business Review (Albany):
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they have sold the businesz to twoother women. Ownership changed hands on June 1, as sisterz Ellie Kittle Ingalsbe and Kathy Lanni sold to Erin Conway andKaremn Zalewski-Wildzunas. Conway is an account executiveat Regalo; Zalewski-Wildzunad is a former executive. Terms of the deal weren’f disclosed. Regalo -- which is Italian for “gift” -- sold keepsakes and mementos to larged and small companies that used the giftes to reward employees or to hand out atspecialk occasions. Sales in recent years range from as highas $2.3 million to $1.8 said Ingalsbe.
Sales have suffered over the past year becauser of the economy as companies cut back on Thecorporate gift-giving industry is off by 20 percentg to 25 percent, Ingalsbe But she said the economic slowdowjn wasn’t the reason for the sale and they were pleased with theitr results this spring. “When you’ve been doinh something for a while you get alittlse tired,” she said. “Kathy and I both jokingly saidwe didn’tr want to be 50 years old and dragging sample cases around. Guessx what? I’m there.” Ingalsbe is 50; Lanni is 49. Beside s Conway, the sisters had two part-time employees.
Conway and Zalewski-Wildzunae are moving the company today from402 N. Pearl St. to 36 Tivolo St. in Albany. They couldn’t immediately be reacherd for comment. Ingalsbe and Lanni started the company in 1990 aftet winning seed money in a contesft forfemale entrepreneurs. It meant a lot for them personallyt to sell the business to twootheer women. “For us that’s part of the sweetnesss of thewhole thing,” Lanni said. “If you were to paint the picturew of how you wanted itto go, it would be to a woman-ownesd firm.” Ingalsbe said she will now work with her husband at theird construction company, EMI Guide in Schenectady.
Lanni will be working in salesfor , a Delmatr firm to sells emergency alert notification systems.
they have sold the businesz to twoother women. Ownership changed hands on June 1, as sisterz Ellie Kittle Ingalsbe and Kathy Lanni sold to Erin Conway andKaremn Zalewski-Wildzunas. Conway is an account executiveat Regalo; Zalewski-Wildzunad is a former executive. Terms of the deal weren’f disclosed. Regalo -- which is Italian for “gift” -- sold keepsakes and mementos to larged and small companies that used the giftes to reward employees or to hand out atspecialk occasions. Sales in recent years range from as highas $2.3 million to $1.8 said Ingalsbe.
Sales have suffered over the past year becauser of the economy as companies cut back on Thecorporate gift-giving industry is off by 20 percentg to 25 percent, Ingalsbe But she said the economic slowdowjn wasn’t the reason for the sale and they were pleased with theitr results this spring. “When you’ve been doinh something for a while you get alittlse tired,” she said. “Kathy and I both jokingly saidwe didn’tr want to be 50 years old and dragging sample cases around. Guessx what? I’m there.” Ingalsbe is 50; Lanni is 49. Beside s Conway, the sisters had two part-time employees.
Conway and Zalewski-Wildzunae are moving the company today from402 N. Pearl St. to 36 Tivolo St. in Albany. They couldn’t immediately be reacherd for comment. Ingalsbe and Lanni started the company in 1990 aftet winning seed money in a contesft forfemale entrepreneurs. It meant a lot for them personallyt to sell the business to twootheer women. “For us that’s part of the sweetnesss of thewhole thing,” Lanni said. “If you were to paint the picturew of how you wanted itto go, it would be to a woman-ownesd firm.” Ingalsbe said she will now work with her husband at theird construction company, EMI Guide in Schenectady.
Lanni will be working in salesfor , a Delmatr firm to sells emergency alert notification systems.
Sunday, May 1, 2011
Genentech licenses Bayhill drug for $25M cash, equity - Sacramento Business Journal:
doqujamup.wordpress.com
Bayhill could receive the $325 million beyond the upfronrt payment and investment through regulatory and sales Bayhill also could receive royalties on annual net sales and has an optionh on future development and marketing of the drug in North Bayhill will be responsible for completing the ongoingyPhase I/II trial of the South San Francisco-based Genentech, a subsidiar of Swiss drug maker , will lead all future development, manufacturing and commercialization.
As part of the Genentech will reimburse Bayhill the remaining costs of the current triaol and will fund all future Bayhill chief executive officer and presidenyt Mark Schwartz said the deal accelerates developmentyof BHT-3021 while allowinb the companies to continue to develop additional products. The drug work by turning off an errant autoimmunew response attackingthe pancreas. That could preserve the functionas of the pancreas andimprove long-term healtu in type 1 diabetes patients, Bayhill
Bayhill could receive the $325 million beyond the upfronrt payment and investment through regulatory and sales Bayhill also could receive royalties on annual net sales and has an optionh on future development and marketing of the drug in North Bayhill will be responsible for completing the ongoingyPhase I/II trial of the South San Francisco-based Genentech, a subsidiar of Swiss drug maker , will lead all future development, manufacturing and commercialization.
As part of the Genentech will reimburse Bayhill the remaining costs of the current triaol and will fund all future Bayhill chief executive officer and presidenyt Mark Schwartz said the deal accelerates developmentyof BHT-3021 while allowinb the companies to continue to develop additional products. The drug work by turning off an errant autoimmunew response attackingthe pancreas. That could preserve the functionas of the pancreas andimprove long-term healtu in type 1 diabetes patients, Bayhill
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