Monday, January 31, 2011

Pittsburgh mayoral candidate Kevin Acklin talks strategy - Pittsburgh Business Times:

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A lawyer for the Downtown officeof , Acklij resigned from his role to focu on his run, he told an editorial boardd meeting of the Pittsburgh Businesa Times this morning. A Squirrel Hill resident who grew upin Oakland, Acklinn is campaigning on the theme of growing the city and usingv his negotiating skills as a businesa lawyer. He sees a city in dire need of leadershi p that is evidencedby last-week negotiating over the city’ss new budget and Act 47 negotiations.
“u don’t know how you put a plan on the tabl butyou don’t have a way to implement it,” he said of Mayoe Luke Ravenstahl’s proposal, which calls for increasing the city’s payroll tax from $52 per year to among other measures. He criticized the mayo r for only seeking new sources of revenue rather than exploring othe r budget areasto cut, sees the mayor’s office and the city as beingg administratively top heavy, and expressed concern abourt city authorities with budgets and liabilitiea that lack transparency.
A Harvard grad with a law degree from Georgetown, Acklin also has strongy roots in the with a brother on the police force, an unclse who is a fire captain and wife who has been a teachert in the public His campaign is opening five district offices throughoutg the city. So far, the campaign has raised approximately $100,00 0 and expects to need $500,000 to make a competitive race. “Thix is a winnable race,” he said, seeing weakness in the leve l of supportfor Ravenstahl, despitwe his backing by the Democratic “There is not a Republican or Democrati way to run a city.
” Acklih expects to announce his policyu plans for the city later this He is one of two independent candidatesw challenging Ravenstahl this fall; Franco Harris .

Friday, January 28, 2011

More workers delaying retirement - Wichita Business Journal:

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The Arlington-based human resourcess consultant says 34 percent of all workers surveyed have pushed back their retirement plans in the last Among workers 50and older, 44 perceng are delaying retirement longer than “The economic crisis has affected many retirement plans and nest but those nearest to retirement have been especiallyt hard hit, said Watson Wyatt (NYSE: WW) senior retiremenrt consultant David Speier.
“Oldedr workers do not have the time to offset declining retirementaccount values, either by recoupingb their investment losses or significantly increasing their savings Declines in the value of theidr 401(k) accounts ranked as the top reasoh for delaying retirement, but investment losses aren’rt the only reason. The survey says 63 percent cited the high cost of healthcars and 62 percent cited highetr prices forbasic necessities. Thoses postponement plans may have already changed a bit for many The Watson Wyatt surveg was conductedin February. The S&P 500 has ralliedx more than 35 percent since itsMarch low.

Wednesday, January 26, 2011

3M Profit Falls to $928 Million, Though Sales Increased 9.6 % - New York Times

diluted-listed.blogspot.com


3M Profit Falls to $928 Million, Though Sales Increased 9.6 %

New York Times


By REUTERS The 3M Company said on Tuesday that profitability suffered last quarter as more spending for advertising and research ate into margins, ...



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Sunday, January 23, 2011

Consumer confidence falls in June - Pacific Business News (Honolulu):

http://www.sencha.com/forum/member.php?233132-Tamaro4ka
The Conference Board’s Consumer Confidencde Index droppedto 49.3, compared to 54.8 in May, the most recenrt evidence that the economy continues to struggle. Consumef spending accounts forabout two-thirds of the economuy in the United States, making a decline in consumer confidence a worry from Main Streer to Wall Street. The Dow Jones industriall average was down 112 pointwsto 8,417 in midday trading Tuesday. Consumers are downbeat when it comeas tothe short- and long-ter outlook with the The Present Situation Index basically, how do you feel todayg — dropped to 24.8 this month, from 29.7 in May.
And consumers are glum about the nextsix months, with the Expectationsd Index falling to 65.5, from 71.5 in May. The Presenf Situation Index declinewas “caused by a less favorablee assessment of business conditions and employment, continues to imply that economic while not as weak as earlier this year, are nonetheleses weak,” director Lynn Franck said in a news release Tuesday. Consumer confidence plummeted toa record-low 25.3 in February. The economy has strong growtj when the indexreaches 100. The Conference Boardr contacts 5,000 households for the monthly index.

Tuesday, January 18, 2011

McCormick & Schmick's closes downtown restaurant - Orlando Business Journal:

http://watermere.com/learn-about-using-a-dictation-service.html
The Portland-based company notified the restaurant’s 38 employees of its decisio n and immediately closed the restaurant this All employees were offered positionsw at otherMcCormick & Schmick’s locationxs in the Portland metrk area. Rumors the restaurant would close have circulated since atleast April. Two years ago, McCormick Schmick’s stopped serving lunch at the location, in part because ongoing construction in downtowhcurtailed traffic. CEO William Freeman said the company and its landlord workecd hard to reach an agreement that woulr have allowed the restaurant tocontinuew operating.
In the end, it wasn’t He said none of the company’s 96 remaining locationds in the U.S. and Canada is in similar McCormick & Schmick’s (NASDAQ: MSSR) has strugglexd with mounting losses since the recession started more than ayear ago, includingf double-digit declines in same storse sales at restaurants open more than a year. It lost nearlt $70 million in 2008 and $1.1 milliob in the first quarterof 2009. It will open no more than thre new restaurantsthis year, far below its usual pace of 10 to 12 new locations a Freeman, who joined the company earlier this said the decision to close the first McCormick & Schmick’s location was difficult.
“It’sw obviously a special unit for he said. The company actedx quickly to close the restaurant so employees can reporft to their new locations in time for the star t of the busysummer season. The company has severalp weeks left on the lease and will spend that time takin g inventory and determining where furnishings and othe equipment might bestbe used. McCormickm & Schmick’s founders Bill McCormick and Doug Schmick openeddthe wood-paneled restaurant in 1979. The 9,400-square-foor downtown location, in the Henry Failin g Building, was placed on the marke Tuesday by brokers Don Drake and Tim Parker of Melvin MarkBrokerags Co.
The asking rent is $18 per squares foot per year. The space includesw 5,070 square feet of ground floor, a mezzaninre for private dining, bar and lower level coolers, prep storage and offices. It is on the Max line in the SkidmoreeFountain district.

Saturday, January 15, 2011

Peabody, Shanxi Lu

http://pesantrenvirtual.com/index.php/database-pesantren?action=view&id=474+
The Shaxi Mine, which is under construction, has the potentia to expand to 15 million tons or more per year in line with the developmenrt of a new rail project that woulf serve electricity customers and other industrialk users in Central and Eastern In thecoming months, the companies said they plan to conduct a feasibilit y study to evaluate technical requirements for next phaseas of development, which also includexs other coal reserves in the region owned by Lu’an.
“Chinza is leading the world in industrial growtgh and fueling its progress with said Peabody Energy Chairman and Chief Executive Gregory Boyce ina “Peabody has a growing presence in Asia and seekss to partner in world-class coal projects to fuel long-terjm energy needs …” Peabody has an expanding presence in China and is the only non-Chinese partner in a near-zero emissions power project in Tianjin. The company is pursuinfg multiple partnerships in Asia that includew a large surface mine and downstreajm coal conversion facility with the governmeng ofInner Mongolia, Chinaq and other partners; and projects in which include the Peabody-Polo Resources joint venture.
Chinas is the fastest-growing coal markef in the world, using coal to fuel 80 percent of its China is expected to nearlt double its electricity consumptionby 2015. Lu’anj had $5 billion in revenues in 2008. Peabody Energy BTU) is the world’s largest private-sectotr coal company, with revenue of $6.6 billion in 2008. Its coal productz fuel 10 percent ofall U.S. electricity generationb and 2 percent ofworldwide electricity.

Thursday, January 13, 2011

Abshire bond denied - Orange County Review

http://confluenceresort.com/pattersonhouse.htm


Abshire bond denied

Orange County Review


Four years after the suspected murder of Justine Swartz Abshire, the state police believe they have their man, her husband Eric Abshire. ...



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Monday, January 10, 2011

Frost Brown Todd starts apprentice program - Business First of Louisville:

cork flooring
The firm believes that the program help the firm respond to the current economic in which law firms are either rescinding offers to incoming associatesz or by deferring theirstart dates. The firm also believes the progra m will offer clients somecost savings, because clientds will be billed at a lower rate for work done by associateas in the apprenticeship according to a news release. “Nationally, clients are expressinb concern with the current model for hiring new which is to pay top dolla to new lawyers and then immediatelhy put these inexperienced attorneys to workfor clients,” said John R. Crocket t III, chairman of the firm, said in the release.
“We’rer presenting an alternative — the opportunityu for young attorneys to develoop and master their lega skills through anapprenticeship program, so that they are soone r able to deliver real valuse at less cost to the client.” Associatex who complete the apprenticeship program can earn a bonus based on theirr performance, as well as the opportunityt to return to the regular pay track aftert their first year, if they meet performance standards.

Saturday, January 8, 2011

Cuomo outlines objectives - Westfair Online

http://bigmoneywin.com/en/poker-games/news_2008-04-25-00-26-05-650.html


Cuomo outlines objectives

Westfair Online


On the new governor's long list of accomplishments: Aide to former Gov. Mario Cuomo at a salary of $1 a year; secretary of the Department of Housing and ...



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Wednesday, January 5, 2011

Triple-speed SD card standard finalized - CNET

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CNET


Triple-speed SD card standard finalized

CNET


The SD Association announced a new interface for flash memory cards today that triples data transfer speeds. ...



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Monday, January 3, 2011

Consumer confidence retreats - The Business Journal of the Greater Triad Area:

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Nationally, consumer confidence dropped sharply in cutting into three months of gainsd that had seen the overall index more than TheConference Board's Consumer Confidence Indexs fell by 5.5 points to 49.3 in June. Florida’s consumer confidence index for June fell threes points last monthto 68, the resulyt of bad economic news including the bankruptcy of Generalp Motors Corp., foreclosures and a spikew in Florida’s unemployment rate, according to a new Universitt of Florida poll.
While perceptions of personal finances compared with a year ago is up threes points to 44 from a revised May readingof 41, other perceptionx were lower than, or the same as, last For example, perceptions of U.S. economicf conditions over the next year fell seve pointsto 65, while perceptions of whetheer it’s a good time to buy big-tickeyt items fell nine points to 67. Perceptionse of U.S. economic conditions over the next five yeard remained unchangedat 80.
"Moving we do not expect Florida consumert confidence to decline much more over the next couple of barring some unforeseen change here in Floridor nationally," Chris McCarty, director of UF’s Survey Researchn Center at the Burea of Economic and Business Research, said in a news However, McCarty cautioned the recovery is expected to be long and uneven for some sectors of the "With the demise of longstandinbg financial institutions such as Lehman Brothers and manufacturing companies like Chrysler and GM, it is no longere business as usual," he said.
The preliminarhy index for June was conducted from 430 It is benchmarkedto 1966, so a value of 100 representsa the same level of confidenc e for that year.