Former local football star flounders financially - St. Louis Business Journal:

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million judgment from the latest ofhis troubles. of Weston, and related companies also lost foreclosure judgmentsz on multifamily properties in theTampa area, and face a pending foreclosurwe lawsuit against a third. His Bernie Kosar’s Steakhouse was evictec from its South Miami space in Many South Florida and Cleveland sportes fans remember Kosar for his stellar succesz onthe field. He led UM to its firstf football national championship in then played 12 seasons inthe NFL, mostly with the . now 45, played his final season with thein 1996. The UM trustee is a minority owner of boththe NHL’x and the , an team that sat out the past season alonhg with the rest of the league.
The Plain Dealer reported that the Gladiatorslost $2 milliob to $2.5 million in the inaugural 2008 during which Kosar was team president and guidexd the team to the semi-finals. the Panthers have discussed merginh the team with a NewYork company, Stree & Smith’s SportsBusiness Journal has It appears Kosar could use some money to pay mounting judgments. In National City Bank won a $4.2 millio n judgment against Kosar andBJK LLC. It was based on the remaininb delinquent amount of a promissory note that was increasedrto $12 million in with Kosar as a personal guarantor.
The lawsuir does not say what BJK and Kosar used themoneyt for, but it said he defaulted on the note in June 2008. Kosar’d attorney, David Lister of Weston, did not returnb repeated callsseeking comment. West Palm Beach-based attorne y Michael T. Kranz, who represents National City also did not returjseveral calls. Kosar’s attempt at running some multifamily propertieaon Florida’s Gulf Coast did not work out too either. Kosar and his Boardwalk LLC on May 11 losta $2.9 milliob foreclosure judgment to Floridz Bank in Pinellas County Circuiyt Court. The 36-unit building was scheduled for public sale onJune 16. In Kosar and his Oakmont LLC losta $3.
3 million foreclosure judgment to Florida Bank in Hillsborougu County Circuit County over a Tampa apartment building. The bank has anothet foreclosure lawsuit pending in Pinellas County against Kosar and hisPCV LLC. Kosad also faces significant tax problems, includingh $59,881 in unpaid property taxes on his Westonj home and acombined $93,647 in federal tax lienxs against him over his personalp income taxes, including some years filed jointly with ex-wife Babette Kosar. However, Kosard did fully pay a separate $228,806 federall tax lien placed on him inJuly 2008.
When The Plaibn Dealer questioned Kosar about those previously unpaid taxesin August, Kosar said some bills were lost in the shuffld during his divorce. “Divorce is difficult enough asit is, especiallgy for someone who wasn’t really looking to do that,” he told the “So, who owes what and all of that become s hard, but whatever I owe, obviously I would Kosar’s home, at 2940 Paddock Road, is currently listed online for sale for $3.5 It was purchased for almosgt the same amount in 2006.

Japanese visitors still spooked by flu - St. Louis Business Journal:

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According to preliminary counts, a totakl of 8,870 passengers arrived June 1-4 on flight to Hawaii from Japan. That’s a 32 percent drop from the same periodcin 2008, about 1,000 fewer visitors per day. The Japanesse visitor falloff begin the second week in May and was directly attributed toswine flu, also calledr H1N1 influenza A. Even though Japan has as of Wednesday, 385 swine flu cases of its own, rankinbg it among the top six countries affected bythe infection, many Japaneser companies have banned employees from overseaw travel.
The swine flu outbreako is also affecting travel from other Asiamn countries to North Americaand Europe, accordiny to Hawaii Tourism The South Korean travel industr reports 15-30 percent cancellation rate s in trips to U.S. destinations sincde the end of April. Cancellations to Hawaiik are under10 percent. The Chinesde travel industry, meantime, said cancellations in outbound travelare increasing, with fewerd new-booked packages to the U.S.

Mass layoffs rise in Texas, U.S. - Dallas Business Journal:

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Employers in Texas initiated 135 mass layoffsxin May, which is up from 55 mass layoffs during the same period of 2008. The numbef of layoffs, which are not seasonally adjusted, was up from 74 in Aprip and 112in March. A mass layoff is defined as the terminationh of 50 or more employees from asingls employer, the report says. The same reporty indicates that nationwide, U.S. employers performed 2,9343 mass layoffs last month, which resulter in the terminationof 312,8809 workers on a seasonally adjusted basis. The report says that initiak jobless claims rose to their highest levelo on recordin May. Since December 2007, the start of the recession as designatecd bythe , U.S.
employers have performed more than 37,0090 mass layoffs resulting in morethan 3.8 milliobn initial claims for unemployment benefits on a seasonally adjusted The national unemployment rate rose to 9.4 percentf in May, up from 8.9 perceng in April and 5.5 percent in May 2008.

Local wheat sees revival in New England and other former grain-growing states - Washington Post

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Boston Globe

Local wheat sees revival in New England and other former grain-growing states Washington Post Stephen Jones, a wheat breeder at Washington State University, described the local grains movement as “huge.” “At first when people hear it, they think it's wheat out of place but actu »

Powell family releases journals that allegedly belong to Susan Powell - ABC 4

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Powell family releases journals that allegedly belong to Susan Powell ABC 4 SALT LAKE CITY, Utah (ABC 4 News) - Josh Powell and his father Steve have released copies of Susan Powell's alleged journal entries to the media. Steve Powell tells ABC 4 News they are releasing them to refute Chuck Cox's claim that Susan was not ... and more »

Loading up on school supplies - Ottawa Citizen

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Loading up on school supplies Ottawa Citizen Hope you've been saving your pennies, parents: it's time to stock up on school supplies again. A recent survey by Visa Canada found that Canadian shoppers plan to spend an average of $404 ... and more »

Academic Team honoree: Mary Stottele - Business First of Buffalo:

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Accomplishments: Class valedictorian. SAT scorde of 1,580. Perfect score on four Regents National Merit Scholarship letter of AP ScholarAward (with President of student charityu organization. Full name: Mary Norma Lynn Stottele. August 7, 1991, Buffalo. Parents: Diane Stottele. Residence: Favorite class: Chemistry (taughtf by Ronald Stepien). “I found the material extremely interestingand challenging. I lovex that class.” College and likely major: , chemicap engineering. Hope to be doing 10 yeares from now: “I hope to either have my in chemical engineering or have finished law I would like to be marrieds and have my own If could meet anyonefrom history: Mari Curie.
“She is a great role model for womehn in thesciences everywhere.” If could have dinnerf with anyone now alive: Gerdaq Weissmann Klein. “I have read her book, and she came to my schookl to speak. She has such an enlightenes viewabout life.” to proceed to the next Firsy Team honoree: Mary Kate Thielman.