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million makeover, according to a list of projects obtainex March 31 bythe , a sister publication of . Moneyy for the courthouse, and $5.5 billion in funding for governmentg buildings, comes from the American Recoveryg & Reinvestment Act, the stimulus packagee approved byCongress recently. The monegy will be used to improve the energy efficiency of the buildintg and make itmore modern. The renovations will upgrade the major systems in the includingfire alarms, heating and air electrical and plumbing. It will also be made more energty efficient and be brought into compliance with the AmericanhDisabilities Act.
Part of the criteria for beinhg selected included that the project coulr beginwork — and creating jobs within 120 days. It is the only federal building in Central Florida to be selected for that part of the Buildingsin Tampa, Miami and West Palm Beacgh were selected for a different part of the modernizatioj program.
Thursday, April 12, 2012
Wednesday, April 11, 2012
Santa Cruz named epic surf spot by mag - Houston Business Journal:
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In the July issuew of Surfer, the Central California beach resort and collegs town was describedas “the dividing line between non-pretentious NorCal and suburban, image-consciousx SoCal, and that dichotomy is tangible.” Geographical generalizations aside, the magazine said the rugged coastlin of Santa Cruz County provides both beauty and surfingh challenges, making the area the “de facto capital of coldwated surfing.
” Despite its “astronomical” cost of living, the magazin e praised its artistic bent, proximithy to wineries and natural beauty as reasons for surfersw around the country to bail on theit usual surfing destinations and endeavoe to become the Big Kahunq at Steamer Lane or Pleasure Point in Santaa Cruz. Santa Cruz was in eliter company. Other California surf towns thatmade Surfer’sx Top 10 list were all in Southern California: Encinitas in third San Clemente in the fifth spot, and Malib u in seventh place.
In the July issuew of Surfer, the Central California beach resort and collegs town was describedas “the dividing line between non-pretentious NorCal and suburban, image-consciousx SoCal, and that dichotomy is tangible.” Geographical generalizations aside, the magazine said the rugged coastlin of Santa Cruz County provides both beauty and surfingh challenges, making the area the “de facto capital of coldwated surfing.
” Despite its “astronomical” cost of living, the magazin e praised its artistic bent, proximithy to wineries and natural beauty as reasons for surfersw around the country to bail on theit usual surfing destinations and endeavoe to become the Big Kahunq at Steamer Lane or Pleasure Point in Santaa Cruz. Santa Cruz was in eliter company. Other California surf towns thatmade Surfer’sx Top 10 list were all in Southern California: Encinitas in third San Clemente in the fifth spot, and Malib u in seventh place.
Monday, April 9, 2012
Human Capital: People on the move, June 5 - St. Louis Business Journal:
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, a Boston-based technology company serving educatorsand employers, added Ted Fischer as executiver vice president of sales, partnershipes and strategic initiatives. Fischer was previouslyu a partnerat . Sun Life Financial names Deschenes senio r VP and GM of its annuitiew divisionThe U.S. division of , based in named Stephen Deschenes senior vice presidentr and general manager of itsannuitiesz division. Deschenes joins Sun Life from , where he serveed as senior vice presidengt and chief marketing officer for the retiremenyincome group.
Furman Gregory LLC adds Deptula as partner Furman GregoryLLC , a Boston-baserd corporate law firm now known as Furmanb Gregory Deptula, added George Deptula as a Deptula most recently practiced at Riley, Deptula LLP, and continues his practicew in trial and appellate legal services, and mediation and ADR. William A. Berry Son promotes Corcoran as project designerWilliam A. Berry & Son Inc. , a Danvers-based construction managemenrt firm, promoted Josie Corcoran to project director.
She has served as a project manage r at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm's IP team Forrest Milder , a partnet in the Boston office of Nixon Peabodgy LLP , was elected chairman of the American Bar Associationn ’s Forum on Affordable Housing and Community Development for the 2009-201 year. In other firm news, Nixon Peabodyu added Ravinderjit “Ravi” Braich to its intellectual property department in the Bostob office as apatent specialist.
, a Boston-based technology company serving educatorsand employers, added Ted Fischer as executiver vice president of sales, partnershipes and strategic initiatives. Fischer was previouslyu a partnerat . Sun Life Financial names Deschenes senio r VP and GM of its annuitiew divisionThe U.S. division of , based in named Stephen Deschenes senior vice presidentr and general manager of itsannuitiesz division. Deschenes joins Sun Life from , where he serveed as senior vice presidengt and chief marketing officer for the retiremenyincome group.
Furman Gregory LLC adds Deptula as partner Furman GregoryLLC , a Boston-baserd corporate law firm now known as Furmanb Gregory Deptula, added George Deptula as a Deptula most recently practiced at Riley, Deptula LLP, and continues his practicew in trial and appellate legal services, and mediation and ADR. William A. Berry Son promotes Corcoran as project designerWilliam A. Berry & Son Inc. , a Danvers-based construction managemenrt firm, promoted Josie Corcoran to project director.
She has served as a project manage r at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm's IP team Forrest Milder , a partnet in the Boston office of Nixon Peabodgy LLP , was elected chairman of the American Bar Associationn ’s Forum on Affordable Housing and Community Development for the 2009-201 year. In other firm news, Nixon Peabodyu added Ravinderjit “Ravi” Braich to its intellectual property department in the Bostob office as apatent specialist.
Saturday, April 7, 2012
IBM suing former executive over Dell offer - Austin Business Journal:
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The executive, David Johnson, is being sued by IBM because the new positioh would violatea non-compete clause, reported. “Mr. Johnsojn has possession of valuable confidential informationb and cannot undertake a senior strategy position at Dell withoutr violating his obligations to company spokesman Edward Barbiniutold Bloomberg. Dell spokesman David Frink confirmex thejob offer, but not the naturwe of Johnson’s proposed position at Round Rock-based Dell. “Yes, we have offerer a position to Mr. Johnson, but the characterizationes of his role are Frink said. “Without exception, Dell respects the trad secrets and intellectual propertyof others.” Dell, the No.
2 makerd of personal computers in the has already made one acquisition this and it is positioned to complete severalp more as it findsa itself flush with cash while tech compant valuations remain depressed during the global recession. Company officials have indicated they plan to expandd beyond its core business of hardware product to storage and softwarw designed to make it easier for customers to manage data InJanuary 2008, Dell made the largesgt acquisition in its history, buying New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, whicy is scheduled to report its first-quartedr earnings on Thursday, has nearlhy $9 billion in cash to complete such Earlierthis month, the New York Times reported that Dell was interviewinyg investment banking and technologt industry executives to serve in an M&wA position that would report to CFO Briahn Gladden. During its last fiscal year, Dell reported $2.477 billion in net income on $61.1 billion in revenue.
The executive, David Johnson, is being sued by IBM because the new positioh would violatea non-compete clause, reported. “Mr. Johnsojn has possession of valuable confidential informationb and cannot undertake a senior strategy position at Dell withoutr violating his obligations to company spokesman Edward Barbiniutold Bloomberg. Dell spokesman David Frink confirmex thejob offer, but not the naturwe of Johnson’s proposed position at Round Rock-based Dell. “Yes, we have offerer a position to Mr. Johnson, but the characterizationes of his role are Frink said. “Without exception, Dell respects the trad secrets and intellectual propertyof others.” Dell, the No.
2 makerd of personal computers in the has already made one acquisition this and it is positioned to complete severalp more as it findsa itself flush with cash while tech compant valuations remain depressed during the global recession. Company officials have indicated they plan to expandd beyond its core business of hardware product to storage and softwarw designed to make it easier for customers to manage data InJanuary 2008, Dell made the largesgt acquisition in its history, buying New Hampshire-based EqualLogic Inc. for $1.4 billion.
Dell, whicy is scheduled to report its first-quartedr earnings on Thursday, has nearlhy $9 billion in cash to complete such Earlierthis month, the New York Times reported that Dell was interviewinyg investment banking and technologt industry executives to serve in an M&wA position that would report to CFO Briahn Gladden. During its last fiscal year, Dell reported $2.477 billion in net income on $61.1 billion in revenue.
Thursday, April 5, 2012
American Airlines to cut 18 flights from Lambert - St. Louis Business Journal:
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The flight reductions will reduce American’ws daily, nonstop departures from Lambert to 83 from 101 and take places intwo phases, one this summer and one this Fort Worth, Texas-based parent (NYSE: AMR) will cut regional carrietr flights as of Aug. 25 from St. Louia to Cedar Rapids, Iowa; Charlotte, N.C.; Philadelphia; Mo.; and Tulsa, Okla., said Mary Frances an airline spokeswoman. Then on Nov. 19, Americann Airlines will cancel flights to Las Vegas and San limit flights toFort Meyers, Fla., to weekend servic and cut a flight each to Boston, Chicago and Los Angeles, she said.
Service to Tampsa is also being cutthis “We have had to take steps to deal with this very difficultg financial environment that we face,” Fagan Last week, American companywide. Fagan said she couldn’ t provide a number for how many employees at Lambertg willbe affected. By number of flights, American still edgesz out No. 2 for top carrierd at Lambert, said Jeff Lea, an airpory spokesman. But American flies both big andsmallet jets, and Southwest flies larger jets meaning that Southwest could become top carrier in terms of passengers this winter, Lea said. “The flightss cut by American were not aboutempty seats,” he said. “They were fillex jets.
Southwest may step up and offerservice (where American pulls back). Othef airlines may be able to take , which last week as the airport preparess to sell bonds tofinance renovations, said Thursday it woul monitor the effect of American’s cuts in St. Airport management told Fitch that it plans to raise parking freeze hiringfor non-essential positions and cut back on non-essentialk purchases to offset the impact of the flight cuts on its financiak margins.
The flight reductions will reduce American’ws daily, nonstop departures from Lambert to 83 from 101 and take places intwo phases, one this summer and one this Fort Worth, Texas-based parent (NYSE: AMR) will cut regional carrietr flights as of Aug. 25 from St. Louia to Cedar Rapids, Iowa; Charlotte, N.C.; Philadelphia; Mo.; and Tulsa, Okla., said Mary Frances an airline spokeswoman. Then on Nov. 19, Americann Airlines will cancel flights to Las Vegas and San limit flights toFort Meyers, Fla., to weekend servic and cut a flight each to Boston, Chicago and Los Angeles, she said.
Service to Tampsa is also being cutthis “We have had to take steps to deal with this very difficultg financial environment that we face,” Fagan Last week, American companywide. Fagan said she couldn’ t provide a number for how many employees at Lambertg willbe affected. By number of flights, American still edgesz out No. 2 for top carrierd at Lambert, said Jeff Lea, an airpory spokesman. But American flies both big andsmallet jets, and Southwest flies larger jets meaning that Southwest could become top carrier in terms of passengers this winter, Lea said. “The flightss cut by American were not aboutempty seats,” he said. “They were fillex jets.
Southwest may step up and offerservice (where American pulls back). Othef airlines may be able to take , which last week as the airport preparess to sell bonds tofinance renovations, said Thursday it woul monitor the effect of American’s cuts in St. Airport management told Fitch that it plans to raise parking freeze hiringfor non-essential positions and cut back on non-essentialk purchases to offset the impact of the flight cuts on its financiak margins.
Tuesday, April 3, 2012
Extended Stay files Chapter 11 - Charlotte Business Journal:
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The Spartanburg, S.C.-based company has seven hotelsw in theCharlotte area. It filed its Chapterf 11 petition Monday in the Southern District ofNew York. According to the filing, Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the endof 2008. New Jersey-baseds Lightstone Group bought Extended Stay from Blackstonr Group in 2007for $8 billion. The deal was highly making Extended Stay especially vulnerable to amarkef downturn, according to The Wall Street Journal . Creditors that hold debt from the buyouf include and its MerrillLynchj & Co. subsidiary, as well as , which is ownedc by San-Francisco-based (NYSE:WFC), the newspaper says.
Both BofA (NYSE:BAC) and Wachovia are basee in Charlotte. Extended Stay bills itself as the largest operatotof mid-priced extended-stay hotels in the “Since the typical Extended Stay customer seeksa a lengthy stay based on commerciap relocation, the contraction of constructio n and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” the filing states. The company says its average revenue per room dropped aboutf 23 percent in the first five monthas of the year compared with the same periodof 2008.
As a it was unable to deal with its debt burden with cash flow and is seekina “comprehensive restructuring of the entire capital structure.” Extendex Stay said it plans to continue operating unded a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’tg be needed, the companyt says.
The Spartanburg, S.C.-based company has seven hotelsw in theCharlotte area. It filed its Chapterf 11 petition Monday in the Southern District ofNew York. According to the filing, Extended Stay had about $7.1 billion in assets and $7.6 billionh in liabilities at the endof 2008. New Jersey-baseds Lightstone Group bought Extended Stay from Blackstonr Group in 2007for $8 billion. The deal was highly making Extended Stay especially vulnerable to amarkef downturn, according to The Wall Street Journal . Creditors that hold debt from the buyouf include and its MerrillLynchj & Co. subsidiary, as well as , which is ownedc by San-Francisco-based (NYSE:WFC), the newspaper says.
Both BofA (NYSE:BAC) and Wachovia are basee in Charlotte. Extended Stay bills itself as the largest operatotof mid-priced extended-stay hotels in the “Since the typical Extended Stay customer seeksa a lengthy stay based on commerciap relocation, the contraction of constructio n and new business development began to significantly and adversely affected Extended Stay’s revenue stream,” the filing states. The company says its average revenue per room dropped aboutf 23 percent in the first five monthas of the year compared with the same periodof 2008.
As a it was unable to deal with its debt burden with cash flow and is seekina “comprehensive restructuring of the entire capital structure.” Extendex Stay said it plans to continue operating unded a lender-approved arrangement using cash collateral. Debtor-in-possession financing won’tg be needed, the companyt says.
Sunday, April 1, 2012
Fire service dept woefully ill-prepared in Karnataka, says govt's auditor - NDTV
ishinlyuboqemija.blogspot.com
Fire service dept woefully ill-prepared in Karnataka, says govt's auditor NDTV PTI, Updated: April 01, 2012 19:58 IST Bangalore: Despite the Mangalore air crash and the fire mishap at Carlton Towers here, the Department of Karnataka State Fire and Emergency Services does not have separate standard operating procedures (SOPs) to ... Karnataka fire service dept woefully ill-prepared: CAG |
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