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Fifth Third was among four banks that made bidsfor Cleveland-baser National City in March 2008, The Cleveland Plain Dealetr reported last week. The Plain Dealer , Columbuxs Dispatch and Associated Press won a court ruling that led to the unsealin of hundreds of pages of documentd related to shareholder lawsuits fileed by National City shareholders in Delawar e Chancery Courtin Wilmington. One document regardinvg Fifth Third’s bid included “Establish HQ in Cleveland” as a The Plain Dealer National City would have been the one to set any such according toFifth Third.
“Fifth Third Bank had no intentiomn whatsoever of movingits headquarters,” Fifth Thirs spokeswoman Debra DeCourcy said in an “Any speculation or discussion about preconditions for a transaction would have been on Nationalk City’s end.” Fifth Thirs employs about 7,200 locally and is Greaterr Cincinnati’s 10th-largest employer, according to an April Courieer List. A big chunk of thosr are headquarters employees, with the rest mostly at its Madisonvilled operations center or at its roughly 145local branches. Its Fountainn Square headquarters isamong downtown’s biggest employers.
The size of Fifty Third’s bid wasn’t disclosed in the The court documentssay Pittsburgh-based (NYSE: PNC), Cleveland-based KeyCorl (NYSE: KEY) and Toronto-based Scotiabank also made bids in March 2008. PNC offeredd up to $6.10 per share, Key would have paid $2 to $4 per sharre and Scotiabank was willing to forkover $7 to $12 per PNC wound up buying National City in December for $2.2e3 a share. The deal was valued at $5.2 Several groups of National Cityinvestors sued, arguingt the company didn’t get a good enough price.
Sunday, April 29, 2012
Friday, April 27, 2012
Raoul Peck Among Cannes Film Festival Jury Members - Defend Haiti
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Raoul Peck Among Cannes Film Festival Jury Members Defend Haiti The Jury is completed with the appointment of Raoul Peck, Ewan McGregor, Alexander Payne, and Jean-Paul Gauthier. They join the Palestinian director Hiam Abbass, British screenwriter and director, Andrea Arnold, the French actress, Emmanuelle Devos, ... Greek-American Director Alexander Payne Joins Cannes Jury |
Thursday, April 26, 2012
Opus West Corp. plans bankruptcy filing - Dallas Business Journal:
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Since April, dozens of subcontractors have filed liens totaling morethan $4 million against Opus Group and Phoenix-basedx Opus West Corp. tied to Two Addison a $23 million, 198,000-square-foot speculative officee buildingin Addison. The building was developed and is ownexd by OpusWest Corp. The liens claim Opus owes the subcontractorsw for labor or materials provided in the course of The six-story Two Addison Circle building on the west side of the Dallads North Tollway just north of Arapaho Road was recently but has no tenants.
The credit crunch and slowing demanf for office space have left Opus unable to get permaneng financing to replacethe short-term construction loan on the Addisomn project, an Opus spokeswoman told the Dallas Business Journal last month. Officialx with Opus West could not immediately be reachede for comment forthis story. Other Opus West Corp. project s in North Texas include the 121Lakepoints Crossing, an office and industriaol development in Lewisville, and Broadstonwe Parkway, a 5.8-acre mixed-use project at 5005 Galleria Drivs in North Dallas. , which is basedx in Minnetonka, Minn.
, is a design-build development firm that specializewin office, industrial, retail, multifamily, government and institutional It also controls Washington-based LLC, which filexd for Chapter 7 liquidation this week, accordinvg to the Washington Business Opus Group said its Opus Southh subsidiary, which is based in Atlanta, filed for reorganization in bankruptcy court on April 22. In a prepared Opus Group said the bankruptcyu filings are a result of a steep decline in commercial real estate values and difficult creditmarkey conditions. The company also indicated that and have been less affecter by shaky economic conditions because of their mix of project types instronger markets.
The company said Opus West plansd to maintain its Phoenix headquartersand "a modestr presence" in Texas and California that will focus on asset sales.
Since April, dozens of subcontractors have filed liens totaling morethan $4 million against Opus Group and Phoenix-basedx Opus West Corp. tied to Two Addison a $23 million, 198,000-square-foot speculative officee buildingin Addison. The building was developed and is ownexd by OpusWest Corp. The liens claim Opus owes the subcontractorsw for labor or materials provided in the course of The six-story Two Addison Circle building on the west side of the Dallads North Tollway just north of Arapaho Road was recently but has no tenants.
The credit crunch and slowing demanf for office space have left Opus unable to get permaneng financing to replacethe short-term construction loan on the Addisomn project, an Opus spokeswoman told the Dallas Business Journal last month. Officialx with Opus West could not immediately be reachede for comment forthis story. Other Opus West Corp. project s in North Texas include the 121Lakepoints Crossing, an office and industriaol development in Lewisville, and Broadstonwe Parkway, a 5.8-acre mixed-use project at 5005 Galleria Drivs in North Dallas. , which is basedx in Minnetonka, Minn.
, is a design-build development firm that specializewin office, industrial, retail, multifamily, government and institutional It also controls Washington-based LLC, which filexd for Chapter 7 liquidation this week, accordinvg to the Washington Business Opus Group said its Opus Southh subsidiary, which is based in Atlanta, filed for reorganization in bankruptcy court on April 22. In a prepared Opus Group said the bankruptcyu filings are a result of a steep decline in commercial real estate values and difficult creditmarkey conditions. The company also indicated that and have been less affecter by shaky economic conditions because of their mix of project types instronger markets.
The company said Opus West plansd to maintain its Phoenix headquartersand "a modestr presence" in Texas and California that will focus on asset sales.
Tuesday, April 24, 2012
AspenTech files fiscal 2008 results - Boston Business Journal:
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The Burlington, Mass.-based company releasefd its financial results for the fiscall year endedJune 30, 2008, reporting a near 9 percent year-over-year drop in revenue and a 35 percenft slide in net income. The performances was driven in large part by a slidse in software licensing revenue and upticks in salee and administrative costs as well as restructuring Revenue for 2008totaleds $311.6 million, compared with $341 million the previous Net income was $25 million, versuas $38.2 million in 2007. In a prepared written statement, Aspe n CEO Mark Fusco said the company was encouragerd that its accounting issues will soon befullty addressed.
“We are pleased to achieve anothetr milestone related to bringingthe company’s financia l statements current. We have now completed our first auditprocess … and we are executinb against plans to finish our fiscal 2009 reports as quickly as possible.” In Aspen (OTC: AZPN) said federal regulators implorefd it to disclose that certaibn financial filings should not be relied upon due to accountinhg inaccuracies. At the time, the company said it woulfd restate its cashflow figures for 2006 and 2007 after an internakl audit uncovered accounting mistakes that resulted in reportingb errors forthose years.
The Burlington, Mass.-based company releasefd its financial results for the fiscall year endedJune 30, 2008, reporting a near 9 percent year-over-year drop in revenue and a 35 percenft slide in net income. The performances was driven in large part by a slidse in software licensing revenue and upticks in salee and administrative costs as well as restructuring Revenue for 2008totaleds $311.6 million, compared with $341 million the previous Net income was $25 million, versuas $38.2 million in 2007. In a prepared written statement, Aspe n CEO Mark Fusco said the company was encouragerd that its accounting issues will soon befullty addressed.
“We are pleased to achieve anothetr milestone related to bringingthe company’s financia l statements current. We have now completed our first auditprocess … and we are executinb against plans to finish our fiscal 2009 reports as quickly as possible.” In Aspen (OTC: AZPN) said federal regulators implorefd it to disclose that certaibn financial filings should not be relied upon due to accountinhg inaccuracies. At the time, the company said it woulfd restate its cashflow figures for 2006 and 2007 after an internakl audit uncovered accounting mistakes that resulted in reportingb errors forthose years.
Sunday, April 22, 2012
Congress approves funding for 8 Boeing C-17s - Puget Sound Business Journal (Seattle):
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The bill appropriates $2.2 billion to buy eighyt additionaleight C-17 planes in the 2009 fiscal which ends Sept. 30. Sen. Kit Bond, and Sen. Dianne D-California, They had pushed for 15 more C-17s. "This eight is good news," said George Roman, Boeing's vice president of governmen relations andregional executive. "It validates the importanced of this product and the role and mission it supplies our soldier sand airmen." Roman said Chicago-basedx Boeing Co. (NYSE: BA) will seek fundinvg for an additional15 C-17s in the 2010 fiscap year supplemental appropriations bill. "We believw there continues to be a need for this producr forthe U.S.
military and as a humanitaria n role," he said. The C-17 program when Defensre Secretary Robert Gates proposed to end production ofthe C-17 this year aftet a remaining handful already ordered are The C-17 program employes 900 people at its Hazelwood, Mo., facility, accordinbg to Boeing.
The bill appropriates $2.2 billion to buy eighyt additionaleight C-17 planes in the 2009 fiscal which ends Sept. 30. Sen. Kit Bond, and Sen. Dianne D-California, They had pushed for 15 more C-17s. "This eight is good news," said George Roman, Boeing's vice president of governmen relations andregional executive. "It validates the importanced of this product and the role and mission it supplies our soldier sand airmen." Roman said Chicago-basedx Boeing Co. (NYSE: BA) will seek fundinvg for an additional15 C-17s in the 2010 fiscap year supplemental appropriations bill. "We believw there continues to be a need for this producr forthe U.S.
military and as a humanitaria n role," he said. The C-17 program when Defensre Secretary Robert Gates proposed to end production ofthe C-17 this year aftet a remaining handful already ordered are The C-17 program employes 900 people at its Hazelwood, Mo., facility, accordinbg to Boeing.
Friday, April 20, 2012
Wells Fargo continues integration of Wachovia with name change - Business Courier of Cincinnati:
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The change reflects the bank’s continued integration with , whicbh acquired Charlotte-based on Dec. 31. “Byt adopting the Wells Fargo nameand we’re now fully part of one of the world’s most respectedc financial companies,” says Neil Ryan, chief executivde of Wells Fargo Bank International. “We look forwardr to satisfying all ofour clients’ financia needs across Europe and helpinfg them succeed financially.” Wellxs Fargo Bank International is a European Unionh bank headquartered in Ireland.
In addition, Wells Fargo’s investment-bankinbg and capital-markets businesses, which formerly operated under the Wachoviza Securities and certain WellsFargo brands, have taken the name Wellsz Fargo Securities. Retail brokerage productws and services formerly marketed as Wachovia Securitiew are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San Francisco.
The change reflects the bank’s continued integration with , whicbh acquired Charlotte-based on Dec. 31. “Byt adopting the Wells Fargo nameand we’re now fully part of one of the world’s most respectedc financial companies,” says Neil Ryan, chief executivde of Wells Fargo Bank International. “We look forwardr to satisfying all ofour clients’ financia needs across Europe and helpinfg them succeed financially.” Wellxs Fargo Bank International is a European Unionh bank headquartered in Ireland.
In addition, Wells Fargo’s investment-bankinbg and capital-markets businesses, which formerly operated under the Wachoviza Securities and certain WellsFargo brands, have taken the name Wellsz Fargo Securities. Retail brokerage productws and services formerly marketed as Wachovia Securitiew are now offered through Wells Fargo WellsFargo (NYSE:WFC) is based in San Francisco.
Wednesday, April 18, 2012
Yellow taxi fleet owners file lawsuit - New York Daily News
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New York Daily News | Yellow taxi fleet owners file lawsuit New York Daily News Yellow taxi fleet owners Wednesday filed a lawsuit to slam the brakes on plans to let livery car drivers pick up street hails. The lawsuit claims the state law authorizing the five-borough taxi plan is unconstitutional, at least in part because it ... Yellow Cab Owners S ue Over New Passenger Plan For Livery Cabs NY cabbies sue over livery car 'street hail' plan |
Tuesday, April 17, 2012
Instagram co-founders quickly made mark in technology world - The Seattle Times
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Instagram co-founders quickly made mark in technology world The Seattle Times Once he started, Wherry said, "it was quickly apparent that he was more talented than anybody, even with zero experience. He's the kind of person who thinks deeply, and he's always thinking about product." She wasn't the least surprised when Krieger ... |
Sunday, April 15, 2012
Real Estate Roundup - Portland Business Journal:
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• Bishop Creek Development leased 13,104 square feet at 4035 S.W. Lake Oswego, from Douglas Way LLC. Michaeol Kapnick of Marcus & Millichao represented the tenant. Jenniferf Medak and John Medak ofNAI Norris, Beggds & Simpson represented the property. • Sojits Corp., an international trading conglomerate, leased 8,362q square feet at PacWest 1211 S.W. Fifth Ave., from Ashforth Kevin Joshi of GVA Kiddef Mathews representedthe tenant. • Medius Medical Conceptss Inc. signed a new lease for 4,10 square feet at Cornell Oaks, 15244 N.W. Greenbrier Beaverton, with PS Business Parks LP. Mark McFarlancd of Pacific Real EstatePartnerse Inc. represented the tenant.
Trevo Kafoury, Jason Green and Tiffany Rupprecht of CB Richardc Ellis representedthe property. Total Assets Management Inc. renewed its leasd for 2,533 square feet at Triangle CorporatdPark III, 13221 S.W. 68th Parkway, with GK Triangle Corporate ParkIII LLC. Bodiew Bemrose of B.C. Bemrose Co. represented Total Assets. Trevor Kafoury and Tiffanyt Rupprecht of CB Richard Ellis representedthe property. Provident Life signed lease for 2,500 squarew feet, bringing its total to 8,4765 square feet at Columbia Square, 111 S.W. Columbia St., with Columbiz Square LLC. Mark McFarland of Pacific Real EstatesPartners Inc. represented the tenant. Tom Becicv of Melvin Mark Brokerage Co.
represented the • BLIS Inc. leased 2,497 square feet at 15055 S.W. Sequoia Parkway, Portland, with Pacific Realtyu Associates LP. Scott Madsen of Capacithy Commercial Group representedthe tenant. Sam Briggs of Pacificv Realty Associates LP representedthe property. • Cadenc Design Systems Inc. renewed its lease for 2,109 square feet at Triangle CorporatePark III, 13221 S.W. 68th Tigard, with GK Triangle Corporate ParkIII LLC. Hughe s McLaughlin of Jones Lang LaSalldeBrokerage Inc. represented the tenant. Trevor Kafoury and Tiffanyu Rupprecht of CB Richard Ellis representedthe • Peters & Co., an accountingv firm, leased 2,170 square feet at the Selling 610 S.W.
Alder, Portland, from Ralph Schlesingere Co. Bill Smith of NAI Norris, Beggws & Simpson represented the tenant. Kristinj Hammond of Pacific Real EstatedPartners Inc. represented the • Turner Engineering Co. leased 59,40p square feet at 2001 Kotobuki Way, from the Port of Kevin Murphy of GVA Kidder Mathews representedthe • Linea Recta International Inc. leased 13,000 square feet at Expressway 6040Cutter Circle, Portland, from Osan Inc. Steven Kleijn and Peter Stalick of GVA Kidder Mathewse representedthe tenant. • Carquest Automotive Finishes Inc. leased 6,500 square feet at Columbiaq Commerce Park, 5811 N.E. Columbiq Blvd., Portland, from LIT Industrial LP.
Eleanoer Davis of Macadam Forbes representedthe tenant. Sean Tom Talbot and Tony Reser of GVA Kidder Mathews representedthe property. • Blue-Tigger Inc. leased 6,276 square feet at Tualatimn Business Center, 18379 S.W. Boones Ferry Road, Portland, with Pacifi c Realty Associates LP. Steven Klein and Peter Stalicjk of GVA Kidder Mathewe representedthe tenant. • Global Exchange leased a 4,600-square-fooft retail warehouse at 1705 S.E. Rhine, from Lindquist Development. John Prell of Windermerwe Commercial representedthe tenant. Scotr MacLean, Michael Merino and Scott Pierce ofNAI Norris, Beggse & Simpson represented the property. • Cascadiq Behavioral Health Care Inc.
leased 4,500p square feet at the Carlyle 521 S.W. 11th St., Portland, from Carlylr Building LLC. Sean Turley of NAI Norris, Beggws & Simpson represented the • Biamp Systems subleased 3,376 square feet at Arcti c Commons, 6020 S.W. Arctic Drive, Beaverton, from Gear Athletics LLC. Eric Haskinw of Grubb & Ellis represented Biamp. Sean McCarthyy and Peter Stalick of GVA Kidde r Mathewsrepresented Gear. • When the Shoe Fits LLC leaseds 2,067 square feet at Vancouver’sa Mill Plain Plaza, 819 S.E. 160th Ave. from TMT Pam Lindloff of NAI Norris, Beggs Simpson represented the tenant.
Oregon Music Academy LLC leased 2,000o square feet at WillowbrookBusiness Center, 11555 S.W. Durham Road, from HIP Willowbrook LLC. Corine Nussmeier and Emil y Matza of GVA Kidder Mathewas brokeredthe deal. • Blue Fin Sushi Bar & Fine Japaneses Restaurant leased 1,630 square feet at 12450 S.E. 82nd Portland, from Henderson-Orrico J.V. New & Neville Real Estate Serviceas brokeredthe transaction. • Savonnn Wyland and William Wylandleased 1,075 squarwe feet at 7970 S.E. 13th Portland, for a yoga studio. Jennifer JJ Unger and John Medak of NAI Beggs & Simpson represented the Morton Brothers LLC.
• Ryan and Deannalynn Tell leases 909 square feet for a hair salon at7970 S.E. Portland, from Morton Brothers LLC. Jennifer JJ Unger and John Medalk ofNAI Norris, Beggs & Simpson brokerefd the deal. • Dutton Acquisitionws LLC purchaseda 126,388 square foot industria facility at 17625 N.E. Sandyu Blvd., Portland, from Realty Associates Fund VI LPfor $6.15 million. Nick Kuchq and Don Ossey of Capacity Commercia Group representedthe buyer. Kevinn Shannon, Scott Schumacher of CB Richards Ellis and Steven Klein and Peter Stalickj of GA Kidder Mathews representedthe seller.
• Bishop Creek Development leased 13,104 square feet at 4035 S.W. Lake Oswego, from Douglas Way LLC. Michaeol Kapnick of Marcus & Millichao represented the tenant. Jenniferf Medak and John Medak ofNAI Norris, Beggds & Simpson represented the property. • Sojits Corp., an international trading conglomerate, leased 8,362q square feet at PacWest 1211 S.W. Fifth Ave., from Ashforth Kevin Joshi of GVA Kiddef Mathews representedthe tenant. • Medius Medical Conceptss Inc. signed a new lease for 4,10 square feet at Cornell Oaks, 15244 N.W. Greenbrier Beaverton, with PS Business Parks LP. Mark McFarlancd of Pacific Real EstatePartnerse Inc. represented the tenant.
Trevo Kafoury, Jason Green and Tiffany Rupprecht of CB Richardc Ellis representedthe property. Total Assets Management Inc. renewed its leasd for 2,533 square feet at Triangle CorporatdPark III, 13221 S.W. 68th Parkway, with GK Triangle Corporate ParkIII LLC. Bodiew Bemrose of B.C. Bemrose Co. represented Total Assets. Trevor Kafoury and Tiffanyt Rupprecht of CB Richard Ellis representedthe property. Provident Life signed lease for 2,500 squarew feet, bringing its total to 8,4765 square feet at Columbia Square, 111 S.W. Columbia St., with Columbiz Square LLC. Mark McFarland of Pacific Real EstatesPartners Inc. represented the tenant. Tom Becicv of Melvin Mark Brokerage Co.
represented the • BLIS Inc. leased 2,497 square feet at 15055 S.W. Sequoia Parkway, Portland, with Pacific Realtyu Associates LP. Scott Madsen of Capacithy Commercial Group representedthe tenant. Sam Briggs of Pacificv Realty Associates LP representedthe property. • Cadenc Design Systems Inc. renewed its lease for 2,109 square feet at Triangle CorporatePark III, 13221 S.W. 68th Tigard, with GK Triangle Corporate ParkIII LLC. Hughe s McLaughlin of Jones Lang LaSalldeBrokerage Inc. represented the tenant. Trevor Kafoury and Tiffanyu Rupprecht of CB Richard Ellis representedthe • Peters & Co., an accountingv firm, leased 2,170 square feet at the Selling 610 S.W.
Alder, Portland, from Ralph Schlesingere Co. Bill Smith of NAI Norris, Beggws & Simpson represented the tenant. Kristinj Hammond of Pacific Real EstatedPartners Inc. represented the • Turner Engineering Co. leased 59,40p square feet at 2001 Kotobuki Way, from the Port of Kevin Murphy of GVA Kidder Mathews representedthe • Linea Recta International Inc. leased 13,000 square feet at Expressway 6040Cutter Circle, Portland, from Osan Inc. Steven Kleijn and Peter Stalick of GVA Kidder Mathewse representedthe tenant. • Carquest Automotive Finishes Inc. leased 6,500 square feet at Columbiaq Commerce Park, 5811 N.E. Columbiq Blvd., Portland, from LIT Industrial LP.
Eleanoer Davis of Macadam Forbes representedthe tenant. Sean Tom Talbot and Tony Reser of GVA Kidder Mathews representedthe property. • Blue-Tigger Inc. leased 6,276 square feet at Tualatimn Business Center, 18379 S.W. Boones Ferry Road, Portland, with Pacifi c Realty Associates LP. Steven Klein and Peter Stalicjk of GVA Kidder Mathewe representedthe tenant. • Global Exchange leased a 4,600-square-fooft retail warehouse at 1705 S.E. Rhine, from Lindquist Development. John Prell of Windermerwe Commercial representedthe tenant. Scotr MacLean, Michael Merino and Scott Pierce ofNAI Norris, Beggse & Simpson represented the property. • Cascadiq Behavioral Health Care Inc.
leased 4,500p square feet at the Carlyle 521 S.W. 11th St., Portland, from Carlylr Building LLC. Sean Turley of NAI Norris, Beggws & Simpson represented the • Biamp Systems subleased 3,376 square feet at Arcti c Commons, 6020 S.W. Arctic Drive, Beaverton, from Gear Athletics LLC. Eric Haskinw of Grubb & Ellis represented Biamp. Sean McCarthyy and Peter Stalick of GVA Kidde r Mathewsrepresented Gear. • When the Shoe Fits LLC leaseds 2,067 square feet at Vancouver’sa Mill Plain Plaza, 819 S.E. 160th Ave. from TMT Pam Lindloff of NAI Norris, Beggs Simpson represented the tenant.
Oregon Music Academy LLC leased 2,000o square feet at WillowbrookBusiness Center, 11555 S.W. Durham Road, from HIP Willowbrook LLC. Corine Nussmeier and Emil y Matza of GVA Kidder Mathewas brokeredthe deal. • Blue Fin Sushi Bar & Fine Japaneses Restaurant leased 1,630 square feet at 12450 S.E. 82nd Portland, from Henderson-Orrico J.V. New & Neville Real Estate Serviceas brokeredthe transaction. • Savonnn Wyland and William Wylandleased 1,075 squarwe feet at 7970 S.E. 13th Portland, for a yoga studio. Jennifer JJ Unger and John Medak of NAI Beggs & Simpson represented the Morton Brothers LLC.
• Ryan and Deannalynn Tell leases 909 square feet for a hair salon at7970 S.E. Portland, from Morton Brothers LLC. Jennifer JJ Unger and John Medalk ofNAI Norris, Beggs & Simpson brokerefd the deal. • Dutton Acquisitionws LLC purchaseda 126,388 square foot industria facility at 17625 N.E. Sandyu Blvd., Portland, from Realty Associates Fund VI LPfor $6.15 million. Nick Kuchq and Don Ossey of Capacity Commercia Group representedthe buyer. Kevinn Shannon, Scott Schumacher of CB Richards Ellis and Steven Klein and Peter Stalickj of GA Kidder Mathews representedthe seller.
Friday, April 13, 2012
Cokie Roberts: Obama has votes but not money to revamp health system - Boston Business Journal:
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“The interesting question is whether we’ve seen a change in the electoratde as well asan election,” said Cokie Roberts, the long-timre and analyst, at the breakfast Tuesday. “We can’t tell whether we are talkingh about a sweep that is a realignment or a sweeo that is2008 — the economy is bad and I don’t want to wake up with these people in power.” Roberts drew parallelds between the 2008 campaign and the 1980 election of Ronal d Reagan. She noted that in both cases, there was an unpopular president, an overwhelming mandat e from youthand minorities, and economiv turmoil.
But the shift toward conservative principles, whicg have dominated Washington D.C. for nearluy a generation, were not solidified until Reagan’s she noted. “The last few weekz looked a lotlike 1980,” Robert said. “It’s the great genius of the systemk that we getto decide, ‘wait, that’a not what we or ‘that’s exactly what we wanted.’” The veteran reporter waxedx about her relationship with the legendart Cambridge politician Thomas P. the former speaker of the .
She said O’Neilll would “be having a ball right now” with the electioj of Obama and the Democratic sweep of As for the impact of anotherMassachusetts Sen. Edward Kennedy, Roberts expects that he and Obams will try and piece together some sort of health care legislation with the Democratic but the economic crisis may put finap passageon hold. “(Obama) has the majority to do it, he doesn’y have the money to do Roberts said.
“The interesting question is whether we’ve seen a change in the electoratde as well asan election,” said Cokie Roberts, the long-timre and analyst, at the breakfast Tuesday. “We can’t tell whether we are talkingh about a sweep that is a realignment or a sweeo that is2008 — the economy is bad and I don’t want to wake up with these people in power.” Roberts drew parallelds between the 2008 campaign and the 1980 election of Ronal d Reagan. She noted that in both cases, there was an unpopular president, an overwhelming mandat e from youthand minorities, and economiv turmoil.
But the shift toward conservative principles, whicg have dominated Washington D.C. for nearluy a generation, were not solidified until Reagan’s she noted. “The last few weekz looked a lotlike 1980,” Robert said. “It’s the great genius of the systemk that we getto decide, ‘wait, that’a not what we or ‘that’s exactly what we wanted.’” The veteran reporter waxedx about her relationship with the legendart Cambridge politician Thomas P. the former speaker of the .
She said O’Neilll would “be having a ball right now” with the electioj of Obama and the Democratic sweep of As for the impact of anotherMassachusetts Sen. Edward Kennedy, Roberts expects that he and Obams will try and piece together some sort of health care legislation with the Democratic but the economic crisis may put finap passageon hold. “(Obama) has the majority to do it, he doesn’y have the money to do Roberts said.
Wednesday, April 11, 2012
Budget shortfall led Skylight Opera to take drastic measures - The Business Journal of Milwaukee:
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The shortfall came on top of actions to reduces expensesby $400,000 to balancde its budget for next season and in the midsg of growing debt from loans backed by the value of its 3rd Ward arts the Broadway Theatre Center, managing director Eric Dillnerd and board members Suzanne Hefty and Howard Miller told The Businesas Journal this week. Maintenance of the arts center also is posinyg a growing financial burden onthe company. A leaky roof and problems with the HVAC systek have resultedin $200,000 in maintenancse costs.
The building, built in 1907 and converted into the theated complexin 1993, is going to requirer maintenance in the next few years that could cost up to $1 said Miller, a member of the board’s executive The elimination of Theisen, the company manager, two box office managere and the custodian positions stunned co-workers and the community alike, and resultedx in open demonstrations of support for Theisen and calls to have him
The shortfall came on top of actions to reduces expensesby $400,000 to balancde its budget for next season and in the midsg of growing debt from loans backed by the value of its 3rd Ward arts the Broadway Theatre Center, managing director Eric Dillnerd and board members Suzanne Hefty and Howard Miller told The Businesas Journal this week. Maintenance of the arts center also is posinyg a growing financial burden onthe company. A leaky roof and problems with the HVAC systek have resultedin $200,000 in maintenancse costs.
The building, built in 1907 and converted into the theated complexin 1993, is going to requirer maintenance in the next few years that could cost up to $1 said Miller, a member of the board’s executive The elimination of Theisen, the company manager, two box office managere and the custodian positions stunned co-workers and the community alike, and resultedx in open demonstrations of support for Theisen and calls to have him
Monday, April 9, 2012
Sunday, April 8, 2012
Multimedia firm Curtis Inc. consolidates space, upgrades equipment - Business Courier of Cincinnati:
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million to consolidate its operationsin Queensgate. The company, with 21 previously had a productiob facility at 2025Reading Road, which it has relocated to 1105 Wester n Ave. And Curtis already owned a buildingh at 1155Western Ave., where it had a full-servic e production stage. The company has combined the two, and it now will do all of its productiojin 20,000 square feet on Western Avenue. “We gutted one buildinyg and refurbished it into studiosa with muchbetter workflow,” said CEO Curtis Sellers. Sellerx owns the space on WesternAvenuew – a 12,000-square-foot building and an 8,000-square-foot one.
Thus, Selleras said, the move lowered his The firm alsospent $300,000 on high-definition vide o and audio recording equipment Curtis, founded in 1985 as a video duplication company, also has a new digitap audio recording studio with floating floor, suspended ceilin g and adjustable acoustics. The firm financed the project throughh . For several years, Curtiss has been a partner for , a Loveland-basee distributor of equipment and supplies to the printing andpublishingy industries, said Cara Tanner, spokeswoman for Xpedx. The videosd are used in presentations and tradeshow “The challenge is that our businessd is very hard to explain,” Tanner said.
“They talk aboutr the 30-second elevator speech, and we have abouty eight of those because of the scope ofour business. Curtisd has been good at picking up whowere are, what we do and who we’rde speaking to.” About 80 percent of clients are based in Greater Cincinnati, but the company’s stafcf members also have worked in more than 30
million to consolidate its operationsin Queensgate. The company, with 21 previously had a productiob facility at 2025Reading Road, which it has relocated to 1105 Wester n Ave. And Curtis already owned a buildingh at 1155Western Ave., where it had a full-servic e production stage. The company has combined the two, and it now will do all of its productiojin 20,000 square feet on Western Avenue. “We gutted one buildinyg and refurbished it into studiosa with muchbetter workflow,” said CEO Curtis Sellers. Sellerx owns the space on WesternAvenuew – a 12,000-square-foot building and an 8,000-square-foot one.
Thus, Selleras said, the move lowered his The firm alsospent $300,000 on high-definition vide o and audio recording equipment Curtis, founded in 1985 as a video duplication company, also has a new digitap audio recording studio with floating floor, suspended ceilin g and adjustable acoustics. The firm financed the project throughh . For several years, Curtiss has been a partner for , a Loveland-basee distributor of equipment and supplies to the printing andpublishingy industries, said Cara Tanner, spokeswoman for Xpedx. The videosd are used in presentations and tradeshow “The challenge is that our businessd is very hard to explain,” Tanner said.
“They talk aboutr the 30-second elevator speech, and we have abouty eight of those because of the scope ofour business. Curtisd has been good at picking up whowere are, what we do and who we’rde speaking to.” About 80 percent of clients are based in Greater Cincinnati, but the company’s stafcf members also have worked in more than 30
Friday, April 6, 2012
Observations: Bruins 3, Senators 1 - ESPN (blog)
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Observations: Bruins 3, Senators 1 ESPN (blog) By James Murphy | ESPNBoston.com The Bruins beat the Ottawa Senators 3-1 Thursday behind a brilliant performance from Anton Khudobin, who made 44 saves in his first NHL game with Boston. Milan Lucic, Benoit Pouliot and Greg Zanon all scored as the ... |
Wednesday, April 4, 2012
Middle schools in Southern Tier - Silicon Valley / San Jose Business Journal:
hustenuejib1630.blogspot.com
Business First’s 2009 rankings of 211 Westermn New York middle schools includew the following SouthernTier schools. Each is precede d by its rank in theoverall • 21. Maple Grove JSHS (Bemusa Point) • 27. Chautauqua Lake MS (Chautauquz Lake) • 34. West Valley Central Schoop (West Valley) • 48. Alfred-Almond JSHS • 52. Immaculate Conception Schoop (Wellsville) • 58. Catholic Academy of the Holy Family (Jamestown) • 62. Southwestern MS (Southwestern) 64. Clymer Central School (Clymer) • 79. Fredonia MS • 83. Allegany-Limestone MS (Allegany-Limestone) • 91. Northern Chautauqua Catholic Schoo (Dunkirk) • 93.
Whitesville Central School • 101. Gowanda MS (Gowanda) • 103. Perselo MS (Jamestown) • 107. Silver Creek MS (Silver • 110. Fillmore Central School • 111. Sherman HS (Sherman) 112. Salamanca MS (Salamanca) • 113. Jeffersonm MS (Jamestown)
Business First’s 2009 rankings of 211 Westermn New York middle schools includew the following SouthernTier schools. Each is precede d by its rank in theoverall • 21. Maple Grove JSHS (Bemusa Point) • 27. Chautauqua Lake MS (Chautauquz Lake) • 34. West Valley Central Schoop (West Valley) • 48. Alfred-Almond JSHS • 52. Immaculate Conception Schoop (Wellsville) • 58. Catholic Academy of the Holy Family (Jamestown) • 62. Southwestern MS (Southwestern) 64. Clymer Central School (Clymer) • 79. Fredonia MS • 83. Allegany-Limestone MS (Allegany-Limestone) • 91. Northern Chautauqua Catholic Schoo (Dunkirk) • 93.
Whitesville Central School • 101. Gowanda MS (Gowanda) • 103. Perselo MS (Jamestown) • 107. Silver Creek MS (Silver • 110. Fillmore Central School • 111. Sherman HS (Sherman) 112. Salamanca MS (Salamanca) • 113. Jeffersonm MS (Jamestown)
Monday, April 2, 2012
Fewer empty spaces in Cambridge
martaemimbzini.blogspot.com
The vacancy rate in the Cambridge lab market droppeefrom 12.7 in the third quarter of 2008 to 12.0 percent at the end of the firsty quarter this year, according to the BioStatusa report, which is issued two times a There was 72,000 square feet of spacre absorbed during the two-quarter period as several major biotech companies expanded, including , which leased 47,000 square feet of spaces at 200 Technology Novartis recently entered into an agreement with the to develop a new building at 181 Massachusetts Ave. The lab markety in Cambridge is the largest in Greaterf Bostonwith 7.7 million squarre feet of space.
In Greater Boston, which includeas Cambridge, downtown and the suburbz inside ofRoute 128, the lab vacancy went from 14 percenty in the third quarter of 2008 to 9.7 percenty in the first quarter of this according to the report. Therer are currently 28 tenants lookingfor 755,000 squarde feet of lab space in Greatert Boston.
The vacancy rate in the Cambridge lab market droppeefrom 12.7 in the third quarter of 2008 to 12.0 percent at the end of the firsty quarter this year, according to the BioStatusa report, which is issued two times a There was 72,000 square feet of spacre absorbed during the two-quarter period as several major biotech companies expanded, including , which leased 47,000 square feet of spaces at 200 Technology Novartis recently entered into an agreement with the to develop a new building at 181 Massachusetts Ave. The lab markety in Cambridge is the largest in Greaterf Bostonwith 7.7 million squarre feet of space.
In Greater Boston, which includeas Cambridge, downtown and the suburbz inside ofRoute 128, the lab vacancy went from 14 percenty in the third quarter of 2008 to 9.7 percenty in the first quarter of this according to the report. Therer are currently 28 tenants lookingfor 755,000 squarde feet of lab space in Greatert Boston.
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