Wednesday, March 30, 2011
Baltimore nonprofit Sylvan Beach hitches its future to ice cream sales - Baltimore Business Journal:
, known for its homemade ice cream, sold its longtime headquarters at West Preston Street last month for The nonprofit also closeda café at the downtownh site. Using the money from the sale, the nonprofitt has rebranded its icecream line, , and planz to open a 2,000-square-foot factory near Clipper Mill by May to mass producer its frozen treats. That couldr help the organization generate salexto restaurants, dessert shops and college campuses. The nonprofit also sells its ice creamj from a store in Mount Washington and plans to sell ice creamn from two cartsin “It’s pretty much now or never for us,” said Sean president of Sylvan Beach.
“This will be our last Sylvan Beach plans to use revenue from ice cream sales to fund its work force training anddevelopmenf program. In the past three the nonprofit has helped train and hous about17 students. The trainees manage the Mounf Washington store. Some of those student s have gone on to work at andother food-service The nonprofit shifted its training program last year to focus on About eight trainees will manage high school studentds at the store and oversee operations at the Those students will also sell ice cream to businessea and colleges in the region.
But the nonprofit didn’tr make money off its ice cream sales last year and receivex less in foundation support to fundits operation. Sylvan Beac h has relied on some ofGreater Baltimore’z largest foundations, including the . The 15-year-old nonprofit was turne d downlast May, however, for a $100,000 loan from the Abellk Foundation. And Smeeton said other foundations have scaled back on The Abell Foundation hadroughly $149.r million in assets last year, down from $221 millioh in 2007. The foundation awardeed $8.9 million in gifts last year, according to research by the . The foundatioj last provided funding for Sylvan Beachnin 2007.
“We continue to see increasinfg demand, and we can’t always support all of the requestdswe receive,” said Gilbert Sandler, an Abell Foundation Smeeton said he expects Sylvan Beach to pay aboug $300,000 to market and rebransd its ice cream and ramp up the new factory. In additiom to the headquarters sale, Sylvan Beach has also increased effortes to raise private donations to help fund the he said. Sylvan Beach’s sweet treats also are attractingg a few new fans like the Baltimorse restaurant Salt andthe . Salt signecd on last month and could receive about 15 gallonws of ice cream a montjh to serveits diners. The nonprofit charges aboutr $30 for a 2.
5 gallon tub of its smooth ice crean andabout $35 for a tub of ice cream with nuts or mixeds flavors. “They were starting up a commercialo venture and it seems to be a good fit for saidJason Ambrose, co-owner of Salt. “W aren’t just supporting a social program, but we are getting a product wecan shape.” Ambrose said the restauran t plans to work with the nonprofit to develop its own uniques flavors. Sylvan offers about 20 flavors.
Monday, March 28, 2011
Federal budget includes $91M for local flood protection - Sacramento Business Journal:
million for flood protection in Congresswoman Doris Matsuiannounced Tuesday. Congresd could begin appropriating the funds as earl yas July, according to Matsui’s “Sacramento is the most at-risk rived city in the country and therefore we must make fundingh our flood protection projects a Matsui said in a news release. “I am encouraged by the $91.t5 million in President Obama’s budget for Sacramentpo area projects and I look forward to workingh with the new administration to ensure that federall funding continues to flowtowards Sacramento’s floodx protection needs.” The has budgeted the followingb amounts, to be considered by Congress: $66.
7 millionm for a joint federao project on the American River which involves building a 3,500-foot long auxiliary spillway with six submergee gates at Folsom Dam. When completed, the project wouldd give much of Sacramento more thana 200-year level of floo d protection. $15 million to improve levees and prevent levee erosion problems on theSacramento River. $2.5 million to improve South Sacrament o County steam channels and levees in order to protect Sacramento from future high water fromthe Mokelumne-Cosumnes River system and the Morrison Creek watershed. $600,000 for additionall improvements along theAmerican River, includinfg raising Folsom Dam reservoir dikes.
Saturday, March 26, 2011
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Friday, March 25, 2011
Rural News and Information for Tropical North Queensland and Wide Bay, Tuesday ... - ABC Local
Rural News and Information for Tropical North Queensland and Wide Bay, Tuesday ... ABC Local GBRMPA's assessment coordinator Dr Paul Marshall says damage is patchy, with some areas expected to take 10 to 20 years to recover, while others have remained fairly unharmed. He says they are yet to survey areas further south to find out what effect ... |
Wednesday, March 23, 2011
NACA to add more than 1,000 jobs in Charlotte - Charlotte Business Journal:
The hiring will begin immediately, with the national nonprofit hosting a job fair Friday and NACA focuses on lendingto low- and moderate-income Gov. Bev Perdue announced the expansion Thursday, with the state giviny NACA a $1 millioj grant from the One NorthCarolina Fund. It plans to invest more than $4 million here, with 1,014 jobs expectecd to be added over the nextfive “North Carolina remains a strong presence in the U.S. financd sector, and this is a tremendous opportunityu forthe Charlotte-area,” Perdue said.
“Our top-ratef business climate and skilled financial-services work forcde are attractive to growing national NACA is headquartered in Boston and operatese more than 40offices nationwide. It currently employs abouft 100 workers in Mecklenburg Countuy to originate and processzmortgage loans. Under the five-year state incentive the organization plans to add 550 jobs The jobs will pay an average annual wage of Salaries will range upto $80,000 The hiring will focus on mortgage negotiators, customer-service representatives, call-centedr managers and mortgage counselors.
“NACA is exciteed that it’s putting more than 1,0000 people to work during these tougheconomic times,” NACA Chiefr Executive Bruce Marks said Thursday. “Today’sw announcement is more than just a soundbite — we are following througn on this investment by holding a jobs fair tomorroa to hire 550 people immediately.” Perdue said Thursda y that she consulted with formetr Bank of America Corp. Chairmanm Hugh McColl Jr. about the deal. McColol has been a longtime supportereof NACA’s work. BofA began a partnership with NACAundert McColl’s watch in 1995 and in 2004 committexd $6 billion to its lending program.
Perduer says McColl confirmed to her that he expected NACA couldc follow through on its job commitments in severa lphone conversations. “When someones begins something like thisin Charlotte, it alway s grows,” McColl said in an interview “They’ll come in and find this is a good place to find (a work I would hope it would be an eruption of not just trickle down.” The group claimsx it will be the largest number of people hired immediately in one area and the larges t job commitment in the country since the mortgage crisisz began in 2007. The hiring comes as NACA embarks on a nationwidde Save theDream Tour.
Marks says the added jobs are cruciall as NACA leads its campaign to makemortgagez affordable. Hundreds of NACA staff will provide long-term solutions for homeownerse with an unaffordable mortgage. “Charlotte continues to be attractive because of ourknowledgeablre financial-services work force and we welcomde NACA’s investment in North Carolina,” N.C. Sen. Dan Clodfeltere (D-Mecklenburg) said in a release. NACA’s Counseling Center is in the Charlottr East office park off Albemarle Road between Central Avenude and FarmPond Lane.
“Charlottee continues to be recognized as a leader in financiap services with a talented and experienceflabor force,” says Charlotte Chamber Chairmabn Tim Belk. “We are pleased to welcomse NACA to the community and look forward to the investment in jobs and presence they will bring to our East The chamber assisted NACA in its expansion Charlotte East ownerRoger Kellogg, principap of , and leasiny director Eric Speckman have worked closelyt with NACA since 2007, when the nonprofit established a smalll office in the park.
NACA has legallyy binding agreements with all themajor lenders/servicers to restructure the mortgages they The NACA agreements cover more than 90 percent of homeowners with an unaffordable The staff from the Counseling Centedr in Charlotte will travel nationwide to work on Save the Dreakm events where more than 25,000 peopled are counseled over four days, with thousand s receiving affordable restructured mortgages with permanengt interest rates often at 4 3 percent and 2 percent and where necessary the principalp reduced. The organization, started in 1988, has the primary goal of building strong, healthy neighborhoods nationwide through affordable homeownership.
NACA operations include financial counseling, specialized mortgage services and a Home Save progran for homeowners with anunaffordable mortgage. NACA will host a job fair from8 a.m. to 8 p.m. Fridah and Saturday at its CharlotteCounseling Center. For more information about Neighborhoodx Assistance Corporationof America, including employment go to www.naca.com.
Monday, March 21, 2011
TiVo wins $103M round in EchoStar fight - Charlotte Business Journal:
EchoStar lost an appeal in districtf courtin Texas. The courf awarded Alviso-based TiVo (NASDAQ: $103, 068,836 plus interest, whicu covers the period from Sept. 8, 2006 to Aprio 18, 2008. But EchoStar SATS), of Englewood, Colo., will appeal the matte to the U.S Court of Appeals for the Federal Even ifTiVo triumphs, which observerxs think likely, the award won’t wipe away its largee accumulated deficit. In the fiscal years 2008 and 2007, befor it won damages, TiVo lost $31.7 million and $49.1 respectively. TiVo has alreadgy been awarded $105 million in this patent fighrwith EchoStar. Though that earlier EchoStar payment contributed to a profitof $103.
t million for TiVo in the quarter endedx January, the company’s accumulated deficit (how much it has lost or written off since it started) at that time was $672.21 million. “We will need to generate significant additional revenues to achievesustained profitability,” the company said in its most recent quarterl y filing. TiVo’s president and CEO, Tom 54, was paid a salary of $800,0000 in the latest fiscal year. His totakl compensation for the yearwas $5.9 million, including $54,824e for housing, housing related and livin expenses, $42,796 in insurancse related expenses, and $20,099 in family travep related expenses, according to TiVo’s proxy card.
Rogers also sits on the boarf at , a Texas telephone book publisher that filede Chapter 11in March. He’s been a directot there since November 2006. based at the Dallas-Fort Worth paid a cash retainefrof $60,000 to directors in 2007, the latest year it’s reported in a proxy Former TiVo board member Charles a marketing executive who sat on TiVo’es audit committee, died May 27. TiVo had 463 workers as of Marcyh 23, more than half of them in research anddevelopmenty jobs.
Saturday, March 19, 2011
Council accepts $6.1M for brownfields projects - Business First of Columbus:
million in Clean Ohio RevitalizationFund grants. Columbua City Council on Monday evening accepted the grantsa for the three projects about two months after the approved the funding. The projectsw include major overhauls to the former site onthe city'sd south side and the former site at East Fifth Avenuee between North Fourth Street and Interstate 71. The projects receivedx $3 million each in Clean Ohio funds, while the facilityg on Goodale Boulevardreceived $102,0090 for an environmental assessment of the site that developerr must complete before it can proceed with a $25 millionn project that includes a 325-car parkingv facility and 250 apartments.
Cynthia Rickman, a spokeswomaj for the city Department of said the assessment marks the secon phase of theongoing project. The formefr Techneglas facility sits on 48 acres that Columbues developer Martin Katz bought in 2005for $2 million. The planr had closed in August 2004. Katz has partnered with Don Garlikov andNew York-based . to create Tech a 1 million-square-foot facility that could employ as manyas 1,500. Katz told Businesss First in July he alreadu had attracted three tenants that brought 40 jobs to the Demolition began earlier in the year on the former CoatedFabricsz site, which Columbus-based and Campus Partners for Communitt Urban Redevelopment Corp. are turning into a $35.
5 million developmen t of homesand apartments, along with 1.5 acres of green space and a community center. The city boughyt 17.4 acres of the 21.6-acrse property in 2006, and the Clean Ohio funding clearsx the way for the purchase of an additional four Rickman said. The Cleabn Ohio Fund was created in November 2000 when voters approvedthe $400 milliojn initiative.
Thursday, March 17, 2011
Key evidence released in Marni Yang murder trial - ABC7Chicago.com
Chicago Tribune | Key evidence released in Marni Yang murder trial ABC7Chicago.com March 17, 2011 (CHICAGO) (WLS) -- The public is now hearing key evidence used to convict Marni Yang, 43, of killing the pregnant girlfriend of former Bears player Shaun Gayle. On Tuesday night, a jury convicted Yang of first degree murder in the 2007 ... Marni Yang Tapes Released to the Public Jury finds Marni Yang guilty Tapes in Yang murder trial released |
Monday, March 14, 2011
Indiana Farm Service Agency Celebrates National Agriculture Day - Hoosier Ag Today
Care2.com | Indiana Farm Service Agency Celebrates National Agriculture Day Hoosier Ag Today In recognition of National Ag Day on March 15, 2011, Julia A. Wickard, Executive Director for the USDA's Farm Service Agency (FSA) in Indiana, thanks farmers, and others involved in agriculture for their hard work and commitment to the industry. ... National Agriculture Day Opportunities for young farmers, ranchers important to future of ag National Ag Week will be held on March 13-19 |
Saturday, March 12, 2011
'Connecting the dots' in Florida leads Synovus' expansion list - The Business Review (Albany):
That fits well with the plans ofDavix Dunbar, the soon-to-be CEO of . He wants to see Synovus-ownee banks from Sarasota to Jacksonville, fillint in areas in the state wherethe Ga.-based financial services holding compan currently does not have a presence. Synovus Bank of Tampq Bay will be create d whenthree Synovus-owned in Palm Harbor, and in St. Petersburg and , mergwe their charters. The merger receiver final regulatory approval onMay 12, and the individuaol institutions are scheduled to make the switcb on July 22, creating a St. Petersburg-based bank with $1 billiob in assets and 13 officesin Pinellas, Sarasota and Manatee counties.
Dunbar also wants to open a locationj in Hillsborough County andeventuallty "connect the dots" between the Bay area Synovusz banks and those already in northern Florida from the Panhandler to Jacksonville. It's a strategy that's been endorser by Anthony, who will take the reins as CEO ofSynovusx (NYSE: SNV) at the company's July 20 board Anthony, who had been presidentt and COO, succeeds James Blancharf as CEO.
Blanchard will be chairman of the boaruntil October, 2006, when Anthony will move into that role as Florida is the states of most interest to Synovus as it considerds expansion, Anthony told the Tampa Bay Business Journal during a media telephone conference afte r his promotion was announced June 14. Synovus is lookinf at both an aggressive branchinb program and acquisitions in the TampaBay area, he said. "Thde prices of banks are fairly expensivre in Floridaso we're selective in the opportunitiezs we choose to pursue, but we rank Floridaa at the top of our list of states we would like to do more businessd in," Anthony said.
He also creditefd the management team in the Bay area with specifically citing Dunbar and Neil chairman and CEO of United Bank and asstrong leaders. Savagee will be chairman of Synovus Bank ofTampa Bay. Dunbaer was one of three Synovus markert leaders whom the bank featured at its first Analysr Days conference earlier this month atSea Ga. Since Synovus traditionally has not put its own name on the banksxit acquires, analysts wondered if the merger in the Bay area and the new name was sendintg a signal from the company about branding and a shift from its decentralizedf approach. Not so, Dunbar told the "We have a unique footprintr in the TampaBay market.
It's a big markegt and it's difficult to use the Peoplew orUnited brand." The decisionj to merge was made locally, by the boardsd of the three banks, and not at the corporates level, he said. Training is undere way for bank employees and customers have startedd getting booklets explainingthe changes, Dunbar said. "It'e the same bank, it just has more he said.
Wednesday, March 9, 2011
Watching The Rain - West Virginia MetroNews
Watching The Rain West Virginia MetroNews Meteorologists with the National Weather Service are watching the weather closely as rain continues to fall in parts of West Virginia. Ray Young with the NWS says that heavy rain may or may not create flooding problems in some areas into Thursday. ... |
Monday, March 7, 2011
âMporokoso by-election loss to the Patriotic Front-PF is a temporal setbackâ - UKZAMBIANS
UKZAMBIANS | âMporokoso by-election loss to the Patriotic Front-PF is a temporal setbackâ UKZAMBIANS The ruling MMD says the Mporokoso by-election loss to the Patriotic Front-PF is a temporal setback. MMD Acting National Secretary CHEMBE NYANGU says the ruling party is optimistic that it will re-claim the seat in the forthcoming general elections. ... |
Friday, March 4, 2011
Epic Fail: $400M NASA Rocket Crashes, 'Probably in Ocean' - Complex.com
The Hindu | Epic Fail: $400M NASA Rocket Crashes, 'Probably in Ocean' Complex.com In a fail of astronomic proportions, NASA has announced that its latest project, the $424 million Taurus XL rocket and ironic » |
Wednesday, March 2, 2011
Federal bill gives Central Florida schools $25M for renovations - Orlando Business Journal:
The House of Representatives passed the 21st CenturuGreen High-Performing Public School Facilities Act on May 14. The Senatr vote on the resolution has yet tobe scheduled. More than 535 construction-relates jobs could be created to handlethe work. The proposed funding includes $17.6 million for Orangew County, $4.3 million for Osceolqa County and $3.16 million for Lake Seminole County didn’t qualify for the granft becauseit wasn’t identified as one of the 100 largesr school districts in the U.S., said Scott Stegall, director of capitalo outlay for , noting the county did not appealk the decision.
At leasr half of the grant must be usedfor eco-friendly construction projects starting in fiscal-year 2010, and then increase by 10 percent each year through fiscal-year 2015. These “green” projects must meet the ’ Leadership in Energy and EnvironmentalDesign standards, Energy Star Collaborative for High Performance School criteria or any othe equivalent standards.