http://zoloto-rus.de/conditions.php
“We’re creating the footprint for thenext generation’d Research Triangle Park,” says Hendrickson, principall of Zebulon-based real estatde development firm Lookout Ventures. The project, formallg announced on June 4 in Apex, is callec “Veridea,” a name that combines the Latimnterm “veritas,” or truth, and or green, with the word idea. Buildinga could incorporate Leadership in Energy and Environmental Design, or LEED, guidelines. When finished, the project wouled include greenways and parks as well as the roadx and basic infrastructure for companies looking to locatew operations inthe area. Veridea is projected to bring between $5.
5 billion and $6 billion in new taxablre property value to the townof Apex. The project, whic h would be bordered by U.S. 1, N.C. 55 and the yet-to-be-builtt Western Wake Expressway, woulfd be 12 miles from RTP. Hendrickson partnered with New York privatew equity real estate fund onthe $68 milliob spent so far on land acquisition and pre-developmenr work. The total development will be 1,015 acres. Hendricksonh has closed on the purchase of 750 the rest is under Renee Lewis, Hudson’s managing director, says the property’s location gives it excellent But, she says, the firm also likes Hendrickson’s goal of making the projec environmentally friendly.
Hudson has made otherd investments in projects that have sustainable elements in Washington Arizona andNew York. But she says Verideq is by far the largestsuch “This is something we’re very excited about, to have a true modekl for sustainable development,” she says. Apex Mayor Keith Weatherly says he appreciates that Hendrickson has chosehn to locate the projecg inthe town, and he says the sustainablwe ideas are intriguing. “All of these components should be excitingf toany community, particularly the $6 billiom in new taxable value,” he says. Hendricksob brings a varied backgroundin business, investing and politics to the table.
Long a real estats investor and developer, he is a founding membefr of the board of directors ofin Raleigh. A graduated of and ’s law school, Hendricksonm is a former chairman of the North Carolina Democraticc Party and remains a majorparty fundraiser. Veridea is an expansiom of an earlier projecrt plannedfor Apex. In 2007, Hendrickson took over 1,00p0 acres that had been assembled by Zebulomn investorKent Cummings. The town of Apex had alreadyh approved a planned unit development that would have allowef upto 4,000 residential units, 2.2 million square feet of retaip space and 500,000 square feet of officre space.
By contrast, Veridea woulcd have 10 million square feet of office about half the amountin RTP. It also woulx have 2 million square feet ofmanufacturing space, for biotechnology and technology firms, and 3.5 million square feet for retail and commercial use. Veridea would have a mix of apartments, condominiumsz and houses for 8,000 residents. Hendrickson submittesd his plans to the Apex Planning Department onJune 1. To move forward, he needs the town to create a new zoning code forsustainabl development, the land must be rezoned, and the town must approvde the plans. Hendrickson expects the approval proceszs to continuethrough 2009.
The first phase of $50 millionn to $60 million of core infrastructure is projecteds to begin in 2010or 2011. Further development will be markety driven and depends largely on the companiew that choose to locate at Veridea incomingg years, Hendrickson says.

Denver gives out 1,234 free building permits - St. Louis Business Journal:

http://ruksa.org/?p=228
The free permits issued under the city’s “Homse Renovation Bonanza” program saved residents an estimated $85.774 in fees, officialas said. Building-permit fees normally range from $20 to several thousand dollars, depending on the value of the The program aimed to boost the localk economy byencouraging home-improvement projects. The free permits, availabler June 1-15, are for common improvemenft projectsinvolving single-family homes and duplexes. “We wanted a bonanza and it seemas wegot one,” Denver Mayor John Hickenloopert said in a statement.
“We hoped to stimulater the local economy by offering an incentive for residentsx to make improvements totheir property. This is a good sign that peoplew are moving forward and doing what they can to get our economy backon track.” The permitsz are valid for 180 days.

Security vulnerabilities are holding back Web 2.0 in the enterprise - VentureBeat

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VentureBeat

Security vulnerabilities are holding back Web 2.0 in the enterprise VentureBeat That's why enterprises have been slow to adopt Web 2.0 in their business practices. McAfee, the antivirus software vendor acquired by Intel, said that its ... McAfee Inc. Global Report Reveals Security Concerns Hinder Adoption of Web 2.0 ... MarketWatch (press release)  »

Hormel Foods earnings down, but beat expectations - Minneapolis / St. Paul Business Journal:

http://www.psdrawing.com/archive/december/illustration_in_photoshop.html
Hormel reported earnings of $81 down 8 percent from $88 million in the same period of 2008. Earninge per share were 60 down 6 percent from 64 cents ayear ago. based in Austin, easilg beat analysts’ estimates of 51 cents per share. The firm’xs stock (NYSE: HRL) was up $2.45, or 8 percenyt to $32.87 in Thursday morningg trading. Sales of $1.69 billion, were up 4 percent from $1.62w billion 2008. Analysts polled by Thomso n Reuters wereexpecting $1.7e3 billion in the quarter.
“Changes in consumer behavior resultinb from the recession have had a mixed effect on our saidJeffrey Ettinger, chairman, president and CEO in a Hormel said sales of its grocery products, such as Hormel Dinty Moore stews and were up 6.4 percent. Refrigerated foodas sales and Jennie-O Turkey Store sales increasedr 4.7 percent. The company’s specialty foods segment salesdeclined 5.2 percent. Grocery Products was the only Hormel segmenyt to increase itsprofits (up 9 percent) in the first quartet compared to the same period a year ago. Refrigerate d Foods profits were down 27 percentwhils Jennie-O Turkey Store and Specialty Foods segment profitsx each declined 16 percent.
Hormel reconfirmed its fisca l 2009 earnings guidanceof $2.15 to $2.25 per

Balsillie could face $100 million relocation fee for Phoenix Coyotes - Los Angeles Business from bizjournals:

http://www.princeville.com/golf_factsheet.html
That would be on top of his offeerof $213 million for the financially troubled hockey team to Coyotea owner Jerry Moyes. U.S. Bankruptcy Court Judge Redfield Baum is hearinv arguments Tuesday on whether the Coyotesx can move to Canada as part of thei r Chapter 11bankruptcy reorganization. Baum is not expected to rule on themattere Tuesday, but focused on rights and some kind of relocation fee to reimburse the league for its lost expansionb team opportunity in Hamilton should the Coyotea move there. The $100 million figur was cited incourt documents.
NHL Commissionee Gary Bettman declined to comment outside the downtowh Phoenix bankruptcy court onthe $100 milliomn or what a relocation fee might The NHL and othef pro sports leagues are fighting the Coyoteas move saying it could prompt other teams to file bankruptcgy in an attempt to move to otherf markets. Baum, however, noted that moves by the Baltimore San Diego Clippers and others have not hada long-termn detrimental impact on pro sports.
NHL representativesa said Tuesday that the league will continuew to fund the Coyotes through next seasom ifneed be, and its priority is an ownership group that would keep the team in If that’s not possible, then bidderws looking to move the team could be officials said. Balsillie contends that NHL hockey is not financiallyt viable in the Phoenix market and is pushingg for his offer to be approvecd by the endof June. The Coyotes have lost more than $300 millionj since moving to the Phoenix market in 1996 from The court hearing was slated to continue Tuesday afternoon including argumentz against the Coyotes move from the cityof Glendale, whichg owns Jobing.
com Arena where the hocke y team plays.

Alnylam Announces Update on its Board of Directors - MarketWatch (press release)

http://onlystyles.ru/2010/09/%D0%B8%D0%BD%D0%B3%D0%B0%D0%BB%D1%8F%D1%86%D0%B8%D1%8F-%D0%B2-%D0%B4%D0

Alnylam Announces Update on its Board of Directors MarketWatch (press release) "We are very grateful to Jim for his insightful service as an Alnylam Director. We wish him all the best in his retirement." "The field of RNAi therapeutics ... and more »

VIOLENCE broke out at a South Tyneside nightspot at the weekend. - Jarrow & Hebburn Gazette

http://jewelrii.net/Loose-Gemstone/Tanzanite-Loose-Gemstones/

VIOLENCE broke out at a South Tyneside nightspot at the weekend. Jarrow & Hebburn Gazette He is still in police custody after breaching conditions of his Asbo. Meanwhile, at midnight on Friday night, a 27-year-old man was arrested and charged for ... and more »

Local executive to lead GE's $6B health care initiative - St. Louis Business Journal:

http://www.1clickdvdripper.com/dvd-burner/Cheetah-DVD-Burner.htm
Barber was named head of "healthymagination," a GE progra m focused on improving healthn care for more people atreduced cost, by GE chairmanj and CEO Jeffrey Immelt. 48, is a 27-year veteran of GE and since 2005 has servesd as chief technology officer forGE Healthcare. He joined GE in 1982 and has held a variethy of roles of increasing responsibility within GE In 2001, Barber was general managedr for Components Engineering, and from 2002 to 2005 he was the general manager for Global Components Operations for GE Healthcare, whicg has significant operations in Milwaukee, Wauwatosa and Barber was a 1994 winnetr of The Business Journal's Fortu Under 40 award, which recognizesw young Milwaukee-area executives making a differenc in their professions and community.
"Over the last four years, Mike has led all aspectes of product development for advancedx healthcare technologies," Immelt said. "Mike knowe how our technology can help he knowswhat doctors, clinics and hospitalxs need to improve care and cut costs and he knowsx how to lead teams. With his deep experiencew in engineering and technology and his strong operationsand process-driveh expertise, Mike is the righ t leader to lead healthymagination and to grow our healthh care partnerships globally." that can be offeredr in rural and underserved regionse of the world, where quality health care can be difficult to obtain.
It is also designed to reducsethe company's own health care costs for employeex and expand profitability for the GE Healthcare Locally, GE Healthcare, whicn produces medical imaging equipment and medical information technologu products from its Milwaukee-are operations, will spend $3 billiomn by 2015 to develop at leas t 100 new products designerd to lower costs, improve access and improves quality of care by 15 percent.

Neighborhood Community of Newnan seized - Atlanta Business Chronicle:

wilhelminadora4287.blogspot.com
, based in West Point, Ga., will assumed all of Neighborhood Community’s $191 millionm in total deposits, and will take on $209 millio n of the failed bank’s assets, according to a release. Neighborhood Community’s loan and deposit customers will automaticallt becomeCharterBank customers. The FDIC and CharterBankm entered intoa loss-share transaction, a methof that is becoming a commobn vehicle for the FDIC to unload failed banks. Undert the deal, the regulator will absorbb losses on as muchas $171 millionm of the assets purchased by CharterBank.
The deposift insurer stated in a release the deal will be the leasty costly forthe FDIC’s insurance fund and will minimize disruptiohn for loan customers. The FDIC estimates the cost of the failure to the insurance fund willbe $66.7u million. Neighborhood Community opened inAprill 2000, and operated four offices throughout the south metro in Tyrone and Peachtree The branches will re-open Monday as CharterBank and will permanently becomse CharterBank branches. Robert Johnson, CharterBank CEO, said the acquisition was an extensiobn ofhis bank’s West Georgia market closef to Atlanta, along the Interstate 85 corridor.
CharterBank is headquartered nearthe Alabama/Georgia border alongv I-85, and operates branches throughout the bordefr region. The bank operates five branches in West andhas $800 million in total Johnson said his bank would continur to look at other distresses banks along the corridor to add deposits and loans as a path for “Customers should know that it will be business as usual for both theier deposits and loans,” Johnson said, noting two branchees will be open tomorrow for The list of Atlanta-area banks fellexd by bad bets on real estatwe loans continues to swell.
As of first quartere 2009, Neighborhood Community reported $163 million in totalk loans, but one-third of those loans were in some stageof default, foreclosure or repossession by the bank. The bank reported only $5.2 millio n in total equity, which could not absorb the potential losseson $15 million in foreclosed real estate, and $31 millioj in loans that appeared unlikely to be repaid. At the time of its the bank had a Texas Ratio of 346 The ratio has became a common industryg metric inthe S&L Crisis, and measureas total loan problems to equity or the size of the bank’s problems with its abilityy to absorb the losses.
Most Georgia banke that have failed have reporte a Texas Ratio higher than300 percent. Earlier state banking regulators seizedVillwa Rica-based Community Bank of West Georgia. No bidder was founf for Community Bank’s operations one branch in the Atlantasuburg — and the bank will be

City extends kill date on stadium deal - Minneapolis / St. Paul Business Journal:

belyaevostapuki.blogspot.com
The date was changes to July 15, from July 1, after , whicb is providing a $100 milliojn letter of credit towardthe project, askedf to modify the terms of its deal. County commissionerzs are to meet Friday toconsider Wachovia's request to change the date of when the bank'zs fees are to be paid. Wachovia is asking it be paid its fees instead of after debt and reserve paymentseare made, as stipulated under the curreny proposal. In a 3-2 vote the city commissioners approvedthe following: Allow the termination date to be movedf to July 15. Give the countgy until July 17 to terminatde the deal if it has not closedr on thebond sale.
Extend the date for the city’sa $13 million contribution to July 17. Amend the provisio n to allow the city to suspend deposit of its contribution to the project if theres is a delay dueto litigation. Amens the warranty deed for the stadium site so that it woulcd revert back tocity ownership, if the deal is In April, Miami-Dade County commissioners approved issuing bondzs totaling a maximum of $536 millio n toward construction of the $640 million, 37,000-seaf ballpark. On Monday, opponents of the financing deal filed a motiobn to stop thebond sale, prompting Miami-Dade to push back the sale of its bond by two On Thursday, Miami-Dade County Circuit Couryt Judge Lawrence A.
Schwartz heard argmente from both sides regarding the emergency He said he would try to issue an order by no later than Grace Solares andElvis Cruz, who filed suit in February, are behinr that effort. The motion for injunction allegex the county is exceeding its constitutional tax and spending powersz by issuing bonds tied to the professionalsports tax/touris t development tax. The plaintiffs contende that the county is inappropriately using the curreng bond to repay a priod bond issuedin 1992. As a resultt of the motion, and to avoid a cloudx that could affect interest rates onthe bonds, the county pusher back the bond sale dates, Miami-Daded spokeswoman Vicki Mallette said Monday.

Retooling for the future: Sussex manufacturer diversifies through acquisition - Houston Business Journal:

raisavydyexuwowi.blogspot.com
Company president Jeff Clark said his firm had beengointg “gangbusters” until last Octobe despite the dour economic situation that has affectecd businesses around the globe. “It fell off in Clark said. “And in it fell off a cliff.” The which averages between $15 million and $20 millionb in annual revenue, regained its footing after the layoffsx andother changes, he said, and becames profitable after one month of nonprofitability. Clark hopez his company’s latest move, the acquisition of , Lake Zurich, will help secure Waukesha Tool & Stamping’ds future even more. The terms of which were not was announcedMay 15.
The acquisition boostss market andcustomer diversity, and volume for the firm by addingt fabricating and robotic welding to its service offerings and increasinf stamping and automated tool capabilities, he “It’s a down economicc time, but we see opportunity in that and that’se what this acquisition is Clark said. With the acquisition, the company has approximatel y80 employees. Fabrication will be done at the LakeZuricyh facility, but about seven to 10 employeess involved in stamping for Parkview will be given the optioj of transferring to the Sussex New employees will be hired to fill any positionsw of Parkview employees who do not wish to Clark said.
Annual revenue for Parkview averagexdbetween $10 million and $15 million, Clarkk said. Earlier in the decade, Parkviea had averaged as muchas $70 million in annuapl revenue, he said. The combined companies will operateas ; they will transitiom to the new name over the next six to 12 Clark said. Clark said he has known Parkview’se former owner, Nels Leutwiler, for more than 10 years. The men becamee acquainted through their memberships inthe . They firsgt talked about a possible deal abourt threeyears ago. Leutwiler had a deal in place with anothed buyer last year that fell Clark said.
Managing facilities in different locations is Clark said, but it’s better that the facilityy is in Illinois than in another Clark said employees in Sussex are excited about the “They look at it as a way to solidify their job he said. The firm hopezs to resume a seven-day work schedule by the end of the Waukesha Tool was founded in 1971 and stampinb services were added 10years later. The company movedr to its current 57,000-square-foot plant in Sussex in 1996. Clarm came to the company in January 2001. In 2005, he teamed with Milwaukee-based to purchasse the company.
Clark is one of the company’s five According to Clark, industry experts predicgt 30 percent of metal forming companies will go out of businesaby 2010. With thoss closings, there are opportunities for companies “with a strong balance sheet,” he said. Bill Smith, Wisconsinm director of the , agreed with comparing the current economic recession to the slowdown in the earlyg 1980s in which many enterprising companies found success amidhard “The fact is there are businessew growing and creating jobs,” he said. Clarm said there are advantages to running a businessin Wisconsin, including a skilled work forcre and a good quality of life in the state.
He said the statee government could do more forWisconsihn businesses, however, by easing regulations and “Give us some competitive edge,” he said, “People have to be in a positionh to execute.”

Unfortunately, it has happened again - Nigerian Compass

hustbelogehy1857.blogspot.com

Nigerian Compass

Unfortunately, it has happened again Nigerian Compass His mother in-law, Mrs. Stella Amadasun and the wife, Osato, pleaded with the gunmen to spare his life because of his one-month-old baby as they pursued him ... and more »

Fair Trade importer Alter Eco cultivates growth - Philadelphia Business Journal:

vidineevostegity.blogspot.com
Its from this office that Altee Eco Americas is bringingh Fair Trade and organic goods from across the worldto U.S. grocerg stores while trying to make a dent in global The startup has more than quadrupled its revenuw over three yearsto $1.5 million in 2008 by landinbg distribution for products such as quinos and jasmine rice in major grocery chains. One grocert that carries its products is Whole which has increased its Fair Trade offerings to morethan 1,000p products in the last two years, includin g Alter Eco’s organic extra virgin olive oil from “More consumers are interested in the stories behind thei food,” said Edouard Rollet, co-foundetr and chief operations officer of Alter Eco in explaining the company’s explosive growth.
Alter Eco Americase was started in 2004 in San Francisco as aseparatwe company, but spun out of Alter Eco, which was foundes in France a decade ago to imporg and distribute goods from marginalizex farmers in countries like Bolivia, Peru and “Most of them own about one to two acre s of land, so there’s betweenm $500 and $800 a year for them and theier family,” Rollet said. “And the problem is that they don’gt have direct access to markets. They have to sell to local buyerws who setthe price.” Alter Eco Americas change d that by promising a fair price to groupsw of farmers that wouldn’t put them into debt.
Rollet and co-founder Mathieu Senard openeds Alter Eco Americas in 2004 after showing some ofthe company’sw products at a natural food store in Los The two chose San Francisck because of its proximity to a major port where goodsa can be shipped from its supplierd countries and to venture capital firms that could potentially fund the The company has raised $750,000 from angepl investors, and the founder s are seeking $1.5 million more. “It’sx also, for natural food and specialt food, one of the most pioneerinvg areas ofthe U.S.,” Rollet said.
Alter Eco imports 150 including coffeefrom Peru, Ethiopiw and Mexico, cocoa from Ghana and Bolivia, unrefineds sugar from the Philippines, rice from Thailand and othee foods under its brand. Alter Eco Americax has introduced 26 of those to theUnitec States. Most products carry the Fair Tradde label, which certifies that companies pay their workers fair wages and provide decentworking conditions, among otherd things. It buys its products from smal farmers organizedinto co-op s and sells to 1,800 grocery stores across the country, including Andronico’s, Rainbowa Grocery, Whole Foods and other specialtyt food stores like New Leaf Grocery in Santaa Cruz.
Alter Eco Americas also offsetsx the carbon emissions for the life cycler ofthe products. Paying fair wages, offsettinb the carbon emissions and requiring products to meet organic standardsqueezes margins. “In the U.S., we’re competing against brands that don’yt have the same standards,” said “We have to be competitively pricee even though we pay our farmers Rollet saidreaching $5 million in revenue will help ease some of the margijn pressure, something he aims to do over the next several Still, the company is committed to doing the righft thing, said Cate Baril, director of businesw development for Oakland-based Transfair USA, which certifiee Fair Trade products.
“If you were lookinv for a company that reall embodies what FairTrade is, that’sa really what Alter Eco is all Baril said. “Some companies buy ingredients from a supplier and make the product s inthe U.S. Alter Eco feelas like they havea mission, and because of they’re having the food produced wherde it’s grown.”

Consumer confidence falls in June - Birmingham Business Journal:

http://www.thatsdirectory.com/authors/author-1822.html
The Conference Board’s Consumer Confidence Index droppe dto 49.3, compared to 54.8 in May, the most recent evidence that the economyy continues to struggle. Consumer spending accounts forabouty two-thirds of the economy in the Uniterd States, making a decline in consumer confidence a worru from Main Street to Wall The Dow Jones industrial average was down 112 pointss to 8,417 in midday trading Consumers are downbeat when it comes to the short- and long-ternm outlook with the recession. The Present Situatioj Index — basically, how do you feel todayy — dropped to 24.8 this from 29.7 in May.
And consumers are glum abou the nextsix months, with the Expectationxs Index falling to 65.5, from 71.5 in May. The Present Situation Index declinewas “caused by a less favorabl e assessment of business conditions and employment, (and) continuea to imply that economic conditions, while not as weak as earlier this year, are nonetheless director Lynn Franco said in a news release Tuesday. Consumer confidence plummeted toa record-lowe 25.3 in February. The economy has stronb growth when the indexreaches 100. The Conference Boar contacts 5,000 households for the monthly index.

City Council to consider Chase incentive - Business First of Columbus:

http://canuckdirectory.com/authors/author-214.html
The $6.3 million incentive which includesa 10-year tax creditg and an eight-year Job Growtgh Incentive, is set for consideration as emergency legislation weekxs after the approved a 15-year, 75 percent tax credity valued at about $14 million for Chas e (NYSE:JPM). The company has pledged to creates 1,000 jobs in Columbus and 150 jobs in Westerviller over the nextfive years. Abouf 900 of those jobs would be createdc during the nextthree years. Under the incentive packags recommended by the Columbus Departmenrtof Development, the eight-year incentive from the city woulcd return $1.84 million in withheld payroll taxeas to the company over that term. The 10-yeard tax credit is worth $4.
476 million. Columbus would take in $5 million in corporatd franchise and income taxes afterthe Chase’s investment for the projecf totals about $16 million, while work at its Polariss Parkway facility is schedule d to begin next month, according to informatio from the city. JPMorgan Chase also is considering sites in New home to itscorporate headquarters, along with Michigan, Louisiana and Texas. The compangy ranks as the third-largest employer in Central Ohio, with nearlh 11,000 of the current 14,000 jobs in the region in Included in the jobs totalare 3,000 workersd in Westerville.

2010 U.S. Open: Venus Williams beats Francesca Schiavone to reach semifinals - ESPN

http://www.adslinx.com/authors/author-719.html

Telegraph.co.uk

2010 U.S. Open: Venus Williams beats Francesca Schiavone to reach semifinals ESPN AP NEW YORK -- Venus Williams is one victory away from reaching the US Open final for the first time since 2002. You can check out the scores from any match ... Venus Remains in Open Orbit W »

Former mortgage brokers launch eModifyMyLoan - St. Louis Business Journal:

http://cars-dealers.biz/index.php?qs=insurance
Chris Mozilo and Omar Kassem haveformes . The online venture in Scottsdale chargeshomeowners $97 to fill out a TurboTax-lik online application to help get their financial and mortgagr information in order for possibls modification. Borrowers still need to file mortgage data with butthe eModifyMyLoan.com system aims to help get necessaruy data to navigate the modification process. Mozilo previously worked for Countrywid Home Loansand Citigroup, and Kassem formerly worked for JP Morga n Chase. They say eModifyMyLoan.
com is less expensiv e than other mortgage modificatiojn services being offered to homeowners trying to lower mortgagse payments and avoid distress or foreclosur in the down housing marketand “We’re a very different concept,” said who is the nephew of Angelo Mozilo, the formedr Countrywide CEO charged with civil fraud by the U.S. Securitiex & Exchange Commission. Chris Mozilo said he’s supportive of his but acknowledged thefederal charges. eModifyMyLoan does not have any ties to which merged with Bank of America earliethis year.
Mozilo said law firms and other mortgagre modification companies chargebetween $700 and $4,000 for services aimede at reducing mortgages or getting more favorable eModifyMyLoan.com launched earlier this month and originally chargedd $197 for its service, but Mozilo said the companyt reduced that price to appeal to frugap consumers. Scores of mortgagre modification and refinancing firms have popped up in the Phoeniz market as the region struggles with high foreclosure underwater home loans and borrower Arizona Attorney General Terry Goddard said that while some outfitse are legitimate others chargehigh up-front fees and fail to delivere on promised help.
The Better Businesse Bureau also warns consumers to be on the look out for suchdeceptived practices. Mozilo said eModifyMyLoan.com is aimee at offering consumersa straightforward, less expensive but stressed borrowers have to be persistent with their Lenders, especially large banks, have been criticized for not providing enougbh help to homeowners facinvg foreclosure. Mozilo agreed that some mortgag e modification are ready to take advantage ofdesperatee situations.
“It’s just ripe for fraud,” he

Rite-Hite leaving Memphis for Horn Lake, Miss. - Boston Business Journal:

http://www.mfinancialservices.com/article/N-Y-C--Maternal-Death-Review-Struggles-for-Life.html
The Milwaukee, Wis.-based company, which manufacturexs loading dock safety systems and industrial door is moving operations fromits 130,000-square-foot Outlanr Road facility to 200,000 square feet in , an industrial park in Horn Lake. Louie vice president of manufacturing for theMemphis Rite-Hite facility, said the companu will move its 65 current employees to Horn Lake. “At peak we have 130 employees, but we have 40 to 50 that have been laid Patron said. “When the economy they’ll get the firsy chance to come back.
” Patron said the companyg is moving its operations to consolidate some productzs it had subcontractedmanufacturing for, but also to preparde for new products the company is planningb to build out of the new The Memphis location currently manufactures dock which are the steel bridges that cover gaps in storags docks and tractor trailers. Rite-Hitse has had an operations in Memphissince 2002. Patron said the Mississippii move will be completedby Nov. 1. Scott executive vice president at Grubb Ellis Co.
, brokered the lease for

Yukon salmon run 'cause for celebration' - CBC.ca

http://ahlulei.com

Yukon salmon run 'cause for celebration' CBC.ca As of this week, up to 8000 salmon were counted in the Alsek River at Klukshu. That's double the 10-year average, and far more than forecast. ...

No sure bet casino will hurt, help small biz - Business First of Columbus:

http://ikersiker.ws/informacio.html
In some cities outside Ohio, casino s get credit for boosting small while in other areas the impactis minimal. In Atlantic City, N.J., the large numbeer of casinos built since the late 1970s is generally acknowledgedf to have dramatically changed the nearbuybusiness landscape. Sometimes the impact is indirect. Whiler people may never see a newbuilding erected, for instance, the casinos are providing citiew with extra cash for economic development. Quantifyingf the benefits and drawbacks is because there’s no way to provde how a local economy wouldx have fared if the casinos weren’t there, said Davi Schwartz, director of the at the .
A lot of Midwestf casinos sprang up in thelate ’90ds when the economy was surging anyhow. “There definitely is a spilloverd effect, but I don’t know how big of a spillovedr effect,” Schwartz said. “Most of the research that is done on this ispretth partisan. It seems like the more confidentr they are in the numbere they throwout there, the less I trust them.” In any the conclusions are mixed. When in the Federal Reserve Bankof St. Louis considered the issue, it One study showed more revenuw at Missouri casinos came at the expense of theaters, sports clubs, gyms and other entertainment and amusement businesses.
An Arizonaz study said growth in retail sales tax collections from varioud industries slowed after the introduction ofcasino gambling. A study in Indiana said casinox gave area residents a placse to spend money that otherwise woulc have leftthe area. But it also showedd that casinos in larger citieds tend to bring in more outsiders than rurakcasinos do. Likewise in the congressional founddisparatwe numbers: 83 percent of Illinois riverboat gamblers lived in the state, for but less than 15 percent of gamblerws in Atlantic City and Las Vegas casinoas were residents.
“One of the most dramatic insightz intothis issue,” the commission wrote, “came from Stevde Wynn, a major casino operator and promoter who, in addressingy local businessmen in Bridgeport, Conn., stated, ‘There is no reason on Eartnh for any of you to expect for more than a second that just becaus e there are people here, they’re going to run into your restaurants and storea just because we build this buildinyg (casino) here.
’ ” In a 1996 surveyg of business owners in Clinton, Iowa, 60 percent said they’d seen no change since a riverboat casino set up 12 percent saw an increase and the rest nearly a third at 28 percent – saw a “There’s not a lot of direcg economic impact other than maybe gas stations,” said Darrell Voelker, economic development director for the Harriso County Chamber of Commerce in Ind. One reason is that the Horseshoe SouthernIndianwa Casino, while in the same county, is milees from the main business district, he The lack of direct impact wasn’t he added.
Back before the casino openerdin 1998, the chamber researched the impact of casinosx in Mississippi, Iowa and What the casino does provide, is tax revenue that finds its way back to the “The tourism bureau is able to market our countu in a way never before imagined,” Voelkefr said. “It’s a whole lot more money than they everhad before.” The county also has extraw funds to extend roads, put in storm drainse and make other improvements that help attract smalkl business. “Those businesses wouldn’t have been here if we had not had the properth availablefor them. But it isn’t that they drovre here becauseof Horseshoe,” Voelker said.