Thursday, December 30, 2010

GM enters bankruptcy filing - The Business Journal of the Greater Triad Area:

helping-shampoo.blogspot.com
Monday’s Chapter 11 filing by the 101-year-old automaket — once the world’s biggesyt company and WesternNew York’s larges t manufacturing employer for decades — is among the largestf in U.S. history and largest-ever U.S. manufacturing Chapter 11, which allows the company to operate while protected from its pushes GM intoa fast-track bankruptcy and provides $30 billio of additional taxpayer funds to restructure General Motors CEO Fritz Henderson said in a prepared statemeng that GM was beinf reinvented and that the company is ready for the job at "The economic crisis has caused enormous disruption in the auto industry, but with it has come the opportunit y for us to reinvent our business.
We are goingv to do it once and do it The court-supervised process we are pursuing provides us with powerfuo tools to accelerate and complete our as well as strong safeguards for our customers and our he said. The GM plan as detailec by U.S. officials would allowe a much smaller GM to emerge from coury protection within 60 to90 days. GM also plans to closwe 11 U.S. facilities and idle another threwe plants by the endof 2010. GM’s Tonawandw engine plant, where 1,100 people work, will remaimn open. The automaker has not providex an updated target for job cuts but was lookingy toeliminate 21,000 U.S. factory jobs from the 54,0000 union members it now employs.
Also not immediatel clear is what GM’s bankruptcy filingg will meanfor ’s plants in Lockport, Rochester and three General Motors plans to take back the facilitie from the former parts subsidiary that it spun off in according to a tentative deal reached last week between GM and the UAW. The factorie in New York, Michigan and Indianza would operateunder Delphi’s unionm rules, but be considered part of GM, once The Lockport plant — Delphi Thermakl Systems, which has 2,100 employees was founded as Harrison Radiator Co. in 1910 and becamee part of GMin 1918. For 81 years it operatec under General Motors ownershiop until the independentDelphi Corp.
was Delphi itself is operatiny under bankruptcy court supervision having filede for Chapter 11 inOctober 2005. The Mich.-based company was ready to emergd from bankruptcy in April 2008 but those plansx fell apart when a key investord dropped out ofa $2.55 billion stock deal with the General Motors employs 92,000 in the Unitec States and is indirectly responsible for 500,00 0 retirees. The U.S. government would hold a 60 percent financiap interest in a reorganized GM and the UAW would takea 17.5 perceng stake. The governments of Canada and the province of Ontariko have agreed to a 12 percent ownershi stake in exchange forfinancial aid.
GM bondholders would get 10

Monday, December 27, 2010

Senate passes education budget - Portland Business Journal:

glycobiology-woodworking.blogspot.com
By a 21-6 count, the Senate measure will fund schoolzsat $6 billion for the next two Sen. Margaret Carter, a Portlanrd Democrat and the Ways and Means Committee said the budget consists oftargetedr cuts, stimulus dollars and state reserves. The budget also includess new revenue fromlast week’sa measures that increased Oregon’s corporate minimum, corporatse income and personal income tax of wealthy “Stability is key to the successa of our schools,” said Carter. “This budget offerz school districts certainty that they can keep their doorsx open and continue to provide a quality education to our childrenjand grandchildren.
” The state’s reserves will stillo contain $500 million despite the decisiobn to tap $200 million of the funds for the schoola budget. Democrats said the budget should alloww schools to maintain full school years from 2009 to 2011 without cuts to staffand services. “Thisw budget is not perfect, but it is far from the worst case scenario,” said Sen. Rod Monroe, a Portland Democrat and co-chai r of the Ways and Means Subcommitteeon “The fact of the matter is that we are in very challenginv times and we’ve made tough decisions to make this budget The House will consider the billsx before the legislative session Democratic leaders have said they want to close the sessiob by July 1.

Saturday, December 25, 2010

The Todd Duffee/Alistair Overeem Situation Explained - Head Kick Legend

firukendu-anchored.blogspot.com


The Todd Duffee/Alistair Overeem Situation Explained

Head Kick Legend


PHIL LONG - AP The question of "Who would fight Alistair Overeem?" was much like "Where will Lebron sign? ...



and more »

Wednesday, December 22, 2010

Academic Team winners play starring roles - Business First of Buffalo:

http://cornerstone-d6.org/community-life/partner-letter-april-2010/
Their report cards are virtually flawless. Their schedulesd are crammed with university-levep courses. Their scores on Regents and examas are perfect ornearly so. Their so-callefd free time is replete with schoop andcommunity activities. They’re the 100 members of Businessd First’s 2009 All-Western New York Academic High schools throughoutthe eight-county regionn were invited to nominat their smartest and most skilled seniors for evaluation by a 10-member committee.
A total of 388 students were submitted by110 (Nominations were limited to four per The First Team consists of the 25 senior who, in the committee’s opinion, have the strongesf records of academic excellence, school leadership and communitgy involvement. Twenty-five runners-up constitute the Second and the remaining 50 hold SpeciaklMention designations. for the names of this year’s 100 Class rank: Fifty of the 100 memberx are valedictorians. The other 50 all rank in the top 4 percentf of theirgraduating classes. Courseload: The typicalp honoree tackled seven college-level courses while in high school. Twenty-nine winnersa took nine or more.
Regents High school students in New York must pass five Regents testes to earna diploma. The passint grade is 65. The 100 Academic Team members didconsiderably better, posting an average score of 96.5. College Boarc scores: The 25 seniorw on the First Team have a median SAT scorsof 1,520, which ranksd among the highest 1 percent of all Collegd Board scores nationwide. The Seconrd Team is close behind with a medianof 1,500 points (out of a possible 1,600). Awards: Twent Academic Team members, including 15 First Teamers, hold the coveted titl of National MeritScholarship finalist. About 15,0000 finalists are chosen nationally from a poolof 1.4 millionm seniors.
Leadership: Included among the 100 honorees are 12 class 17 editors of school newspapers or 30 membersof all-county or all-state bands or choruses, 40 captaina of sports teams, and 44 presidents of student clubs and This year’s Academic Team is made up of seniorsw from 71 different high schools. Six schoolw are represented by threestudents each: City Honors, Nardin, Nichols, Orchard Park and Williamsville Another 17 schools have two honorees each. Selectionzs were made by a panel of 10 college admissions community leadersand editors: • Donna senior editor, Business First • Christopher Dearth, admissionzs director, • Lesa Loritts, admissions director, M.
Rogan Morton, • Ann Marie Moscovic, admissions • Tim O’Shei, managing editor, Business First • Jeffrey Ross, executivs director, InfoTech Niagara • Kathy Saunders, admissions director, Lisa Scherer, president, Junior Achievement of Western New York Jeff Wright, editor, Businessz First Committee members cast their votes after reviewin summaries of each student’s official transcript, College Boarde and Regents test scores, awards and activities. The selectiohn process was blind, with each senior identifie d solely bya number. Nominees’ name s and schools were removed fromall forms.

Monday, December 20, 2010

Economy Watch: FNF Construction gets highway stimulus contract - Portland Business Journal:

http://oneveteransvoice.com/blog/2006/09/its-almost-911-again.html
“It is a rehabilitation project to creatd asafer roadway,” said Deena Billings, business development officer for Tempe-based FNF Construction, whicuh is celebrating 25 years in business. Some areas of U.S. 491 have deteriorate creating a significant safety issuew for those whouse it, she The project is a good fit for the which also has an office in according to Billings. “Paving projects are kind of our In addition to making the roadwa saferfor travelers, the $8.9 million project givese FNF Construction’s staff more opportunity for “We will be able to keep existing employees busy and perhapz hire new ones,” she said.
The biddin process for a stimulus contractt is very similar to that on any job both for the contractofr and the state department oftransportationb involved. The New Mexico Department of Transportation advertised the project in typical fashion with the lowest biddee winningthe contract, said Megan Arrendondo, spokeswoman for the New Mexici Department of Transportation. The federal government does look at the project sin depth, however, Arrendondo Construction on the 14-mile stretch, whic h runs on the southernn portion of the highway, broke ground May 20. FNF Constructioh is hopeful that its portion of the upgrade is complets by the endof summer.
“Wr are excited to keep on goinh and be part ofthe process,” Billings said of futurwe jobs.

Friday, December 17, 2010

Small businesses think economy has bottomed - Triangle Business Journal:

vadimsudigrenev.blogspot.com
NFIB’s index of small business indicatorsrose 2.1 pointds in May to 88.9, following a 5.8 poin t jump in April. The index had plummeted to 81 in close to its record 1980 lowof 80.1. “It does appear that the decline in spendinh for inventory and capital projects has bottomed and will turn up in thecominf months,” said NFIB Chief Economisgt William Dunkelberg. A net 12 percent of smalp business owners expected general business conditions to be better six monthxfrom now, a gain of 10 percentage points from Except for September 2008, when 14 percent expected the economh to improve, this is the highest number for this indicator sinced 2005.
The current profit picture is still dismal, however. A net 43 percen said their earnings were lower during the past quarter than they were in the previous About 16 percent of small business owners reported that loans were harderto get, the highestr reading since the recession of the early 1980s. But only 5 percent reported that finance wastheie No. 1 business problem. More small businesse s plan to reduce employment rather than hire more but the rate of declinreis slowing. The Conference Board, which tracks eight labo r market indicators, said its Employment Trends Indexd roseby 0.2 percent in May, which is noteworthyt because it’s the first increasee in 16 months.
“The moderation of the last two months is certainly a sign that the declins in job losses is real and signalsd that the worst is saidGad Levanon, the board’s seniort economist. “However, as the economic recovery over the comingt months is likely to be very we still expect the unemploymentf rate to continue to increase to double digits by the end of this year and into The reported that 41 percent of companies in the service secto plan to add jobs inJune -- the highestf percentage since September 2008. Nearluy 17 percent plan to eliminate jobs. In manufacturing, slightly more companies plan to lay off workere thanhire workers.
Manufacturing still has a long way to go beforesit recovers, according to data tracking orders for machiner tools and elated equipment. U.S. consumption of manufacturing technology in April was down 42 percent from the previous month and down 78 percent compared with April according to the andthe ’ Association. “Wes still have a couple of rough months said AMT President Douglas For more: , , or .
More than 14,00o0 businesses filed for bankruptcy protectioh in the first quarterof 2009, a 64 percent increas over the same period a year The number of business filings was up 11 percent over the totalk for the fourth quarter of 2008, accordinh to the Administrative Office of the U.S. Nearly 10,000 of the business filingas in the first quarter were Chapter7 liquidations. Chapter 11 reorganizationsw accountedfor 3,421 filings. Overall bankruptcu filings, including personal bankruptcies, totaled 330,447 in the first quarter of 2009, up nearly 35 percen t from the same period a year Forthe 12-month period that ended Marchj 31, more than 1.
2 million bankruptcies were file d — the highest 12-month total sinced Congress tightened bankruptcy rules in October 2006.

Wednesday, December 15, 2010

Photoshop Tutorial Rap: Still Surprisingly Instructive! - Gizmodo Australia

valvookimakaj1362.blogspot.com


Photoshop Tutorial Rap: Still Surprisingly Instructive!

Gizmodo Australia


When you watch a video called “Photoshop Tutorial Rap”, you generally come for the laughs. ...



Sunday, December 12, 2010

Digital switchover catches some unaware - The Business Journal of the Greater Triad Area:

coras-newport.blogspot.com
That switch is taking place nationwide and is operating a help center for consumerxs in cooperation withthe . As of 11 549 people had calledthe toll-free numbetr for the help center to ask questions. According to preliminary data from Elon, most of those callers were asking for help gettingv a federally sponsored coupon that covers part of the cost of buyinv aconverter box. Other callers were receivinbg analog error messages even though theidr TVs were hooked upto cable, which should avoidr the problem, or having other Only 30 of the callersd in the morning were from the Triad.
Most of thosd having trouble were in Charlotte or The toll-free number is available today and tomorrow at 410-3388.

Friday, December 10, 2010

Tasmanian Wombats Are Cute New US Zoo Residents - NPR

http://thomas-karcher.de/?page_id=46


KOB.com


Tasmanian Wombats Are Cute New US Zoo Residents

NPR


by AP Otto, a Tasmanian wombat, waddles around the Albuquerque BioPark Zoo on Thursday. The zoo is now home to the only Tasmanian wombat in North America. ...


City Zoo Acquires 3 Wombats

ABQ Journal (subscription)


ABQ BioPark Zoo Houses the Only Tasmanian Wombats in North America

Zoo and Aquarium Visitor News



 »

Tuesday, December 7, 2010

Sawn to be believed - Telegraph.co.uk

http://earthscholars.com/Frame-5-4bookchapterspage5.html


Sawn to be believed

Telegraph.co.uk


True, some detect affinities with the music of the gamelan, except that Mr Bryn seems to limit his tonal range to two notes. Even with this limitation, ...



and more »

Sunday, December 5, 2010

With a quarter to go, Eagles in good position - Philadelphia Inquirer

fishermen-americachair.blogspot.com


USA Today


With a quarter to go, Eagles in good position

Philadelphia Inquirer


When Andy Reid and the Eagles look over their 16-game schedule, they break it into quarters - dividing a long grind into manageable ...


Eagles r »

Thursday, December 2, 2010

NCO buying Atlanta collections agency for $118.8M - Kansas City Business Journal:

http://www.whitezeta.net/forum/com-le-forum-voir-sujet-agora-du-lotus.html
million in cash. As part of the agreement, RMA and affiliates have fileed for Chapter 11 bankruptcy protectionin U.S. Bankruptcy Court in Ohio. The transaction is expectesd to close by the end of thethirs quarter, and in the meantime, RMA has arrange for additional financing for its operations. NCO NCOG) is a debt collection and business processs outsourcing firm basedin Pa. The company said the acquisitiomn is expected to be neutrakl tothis year's earnings and to help annuall earnings after that.
In a statement, Denniws Cunningham, the CEO of RMA, said that the company told clients and investors earliere this year that itwas "explorinh strategic alternatives" for the business. He said the Chapted 11 process will be the easiest way for the compan tosell itself. He added it will also alloaw thecompany "to entertain any higher and betterr offers."