Overhaul of Colorado spending rules signed into law - Tampa Bay Business Journal:

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Senate Bill 228 ends the Arveschoug-Birdx provision allowing general-fund spending to increasew just 6 percent per year and replaces it with a spendinvg increase limit equal to 5 percent of personaoincome growth. Sponsored by Sen. John D-Colorado Springs, it also sets asides part of the general fund for transportation for the firsrt time and increasesthe state's rainy-day reserves, beginningf in the 2012-13 fiscapl year.
What that all meands is that thegeneral fund, which pays for general state services like education, higher educatio n and corrections, will no longer have to shrink permanentl y when the economy Because of the current growth limit, programs that see fundz cut during downturns are not allowed to recover fully when the fiscal environmen t turns good again. . . The new law will not increaser overall spending but will assure that mone can be directed where state leaders see thegreatesf need, Ritter emphasized.
Laws put into place over the past 12 years direct any revenuee over the 6 percent limit mostl y toward transportation projects andcapitalp construction, which have no other guaranteed statw funds. But even as the Democratic governorr hailed the signingas "az great day for progress in the effortzs of so many who have workexd to bringing sensible, modern budgeting to the state of Colorado," several legislatorsx said there is more to be done. Sponsoring Rep.
Don R-Loveland, said state officiala must now look at the conflicts betweenAmendment 23, the Gallaghee Amendment and "that sacred cow," the Taxpayer'zs Bill of Rights, or Marostica was the only membe r of his party to support the bill, with othedr Republicans calling it an end to fiscak limits and a taking of the only streamk of money that had been dedicatexd to roads for years. Morse added that an interim committee this year will look at not just how much revenuer the state brings in but where it gets that Questions must be asked if there are ways to get fundinfg from more stable sourcesx like property taxes and fees rather than the volatilwsales tax, he said.
"In the late 1400s, very few peopler believed the Earthwas round. By the early 1500s, we knew what was goinf on," Morse said of the need to convince Coloradans that such changedis necessary. "The same thing's going to happen with this bill ... This is a fightt for the soul of Coloradoand it'es just beginning." Colorado Fiscal Policyh Institute analyst Carol Hedges, who helped to crafgt the bill, said that becausre future revenues remain no estimates have been made as to how much monety higher education and othedr areas will gain from the However, next year's general-fund revenue is expected to fall by roughly $700 million from this year, and SB 228 will help budgety crafters be able to prioritized where that is taken from and how that mone is replaced in the Morse said.

Wisconsin cancer cases, deaths decline - Kansas City Business Journal:

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The estimated number of new cancer cases, excepr for lung cancer and melanoma, are also predicted to be down this year in The society projects there will be morethan 27,000 new cases of cancef in Wisconsin in 2009 and about 11,000 The American Cancer Society’s newly released annuap cancer statistics report, "Cancer Statistics finds that for the first time since these data have been overall cancer incidence rates are now decreasing in the U.S. in both men and The report also statess declinesin U.S. cancer death ratese equate to about 650,000 deathws from cancer avoided or delayed between 1990and 2005.
The decreasea are direct results of improvementss inpublic health, like reductions in smoking, earlied detection of cancers, and betted treatments, according to the society. “Because the deathg rate continuesto drop, it meanxs that about 100,000 Americans each year who would have died from cancer are living to celebrat e another birthday,” John Seffrin, American Cancerd Society chief executive officer, said in a statement. The full Cancee Statistics report can be viewedat .

Manpower: Employment outlook unchanged in Q3 - Orlando Business Journal:

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"Employer attitudes about hiring remain essentially unchanged compared to thepreviou quarter," Manpower Chairman and CEO Jeffre y A. Joerres said. "While the numbers may not be as optimisticx as wewould like, it is positive to see no furtherd deterioration." Of the more than 28,000 employer surveyed, 15 percent expect to increase their staff levelse in the third quarter, while 13 percenrt expect a decrease in their Sixty-seven percent of employers surveyer expect no change in theire July-to-September hiring plans, and 5 percent said they were undecided.
The nationaol survey data shows employers in sevehn of the 13 sectors surveyed expect hirinvg to remain relatively stable in the third compared to the second Employer optimism about hiring is relativelty stable inthe South, Northeast and but weaker in the West.

Celia Rivenbark: Amber waves of Springsteen - Sacramento Bee

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Celia Rivenbark: Amber waves of Springsteen Sacramento Bee A recent poll conducted by "Vanity Fair" and "60 Minutes" asked Americans whom they'd choose to write a new national anthem and the winner was...Bruce Springsteen. What? You were expecting Miley Cyrus? Of (ital) course (end ital) it was Springsteen. and more »

Facebook leads social networking space as Twitter growth skyrockets - Jacksonville Business Journal:

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According to the new report, Facebook usersa logged 13.9 billion minutes on the site in making it the most popular social networking site onthe Web. was the second most popular sociall networking site with about 5 billion minutes spent loggefin April. Twitter logged roughly 300 million minutes, and LinkedIh about 202 million. According to the Nielseh study, total minutes spent on sociakl networking sites has increased 83percent year-over-year. Twittere had far-and-away the fastest growthn over the pastyear -- with abougt 37-times more minutes spent on the site in April 2009, compared to April of last Facebook also posted rapid growth, with a seven-fold increass over last year.
“We have seen some major growth in Facebook during thepast year, and a subsequent decline in MySpace. Twitterd has come on the scene in an explosivre way perhaps changing the outlook for the entire saidJon Gibs, Nielsen vice online media and agency insights. “Thee one thing that is clear about social networking is that regardlesas of how fast a site is growing or how bigit is, it can quicklyu fall out of favor with While Facebook has become the top dog in the sociap networking space, MySpace is the leadefr in online video. With 121 milliomn video streams, MySpace.com was the No. 1 socialp networking destination when ranked by streamds and total minutes spentviewing video.
MySpace visitorsx spent 384 million minutes viewing videok onthe site, with an averagd of 38.8 minutes per viewer. In comparison, Facebooik visitors spent only 114 million minutes viewing vide oin April, with an average of 11.2 minutes per video The Nielsen Co. is a global information and media company specializinvg inconsumer information, television and othet media measurement.

Philadelphia-area office properties taken off the market - Kansas City Business Journal:

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The Colonial Penn building on East Market Street in Philadelphiaq was put up for sale in March just to be takemn off in May whenofferas didn’t meet the seller’s expectations. It’s not the only one. Among the othedr office properties that have met a simila fate are1700 Market, Evesham Corporate Center, Curtis Public Ledger Building, and a smattering of offices and industrial properties between South Jerse y and King of Prussia as well as a luxury apartment complex in University Transactions were expected to be off, but the deptbh of the lackluster sales has surpriseed the real estate community.
For the firstf quarter of this year, the Philadelphia metropolitanm area rangup $30 million in commercial propertuy sales, according to LoopNe data. A year ago, it tallied $265 milliojn in sales, which was still off. Three propertie have sold so far this year as compare to 25 during the same periodlast year, according to . “There have been a number of offerings that have come to the market and beentaken off,” said Jerrg Kranzel, an investment broker with . “It’a purely because we’re in a very challenging capita l market environmentright now.
The lending environment is the worst that it has been in 20 Commercial mortgagebacked securities oncepumped $250 billionb of money for real estate acquisitions. “That is essentiallh gone,” Kranzel said, and banks and other financialinstitutions haven’f compensated for the lack of commercial backed funds. “A lot of things would have to happen in the second half of the year to make up for thefirs half,” said Doug Joseph, an investment brokerf at . It’s not just Philadelphia. Nationally sale s are off, too.
Compare d with last year, the volume of officer sales in the central business districts acrosa thecountry nose-dived 80 percent and dropped by 78 perceng in the suburbs, according to data from Real Capital Analytics. Asidre from financing, another hurdle is “There’s a gap between seller’s and buyer’s expectationh on values,” said Joseph, who has some officr buildings up for saleand isn’t certain whether they will be takebn off of the market. Other buildings, in which owners haven’f decided to pull off the market, just sit and sit.
When Sid Smitgh of GVA Smith Mack put on the marketta 21,000-square-foot Big Brothers/Big Sisters buildingb on 13th Street in Philadelphia a year ago, therew were about 20 competingh properties also up for “Now I would have to add to that list,” Smitbh said, adding the first 20 continue to languisb on the market. As for the Big Brothers/Bib Sisters building, Smith said he is closd to signing an agreementof sale.
Some landlordsw are still hoping to strike a deal in spite of difficult as in the case of Eight Tower Bridgein Conshohocken, whicb was put up for sale last October, and the formee location of the on North 21st Street in Philadelphiaa that has been on the markeg since last June and stil l hasn’t snagged a buyer.

Lenovo's profits skyrocket - Dallas Business Journal:

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Lenovo, which has headquarters in Morrisvillde but trades shares inHong Kong, said net income was $105 million in the quarter, or $1.12 per diluterd share, in the quarter ended 30. That's up from $38 million, or 43 cents per share, in the same period last year. Revenuew increased 20 percent to $4.4 The company increased shipments of PCs more than 20 percent in thethird quarter, according to data compiled by research firm s and . That outpaced growth in the PC industryh asa whole. Lenovo said notebook shipments, which provide about 55 percentof revenue, were up 42 percentt year over year. Desktop shipments increased about12 percent.
Lenovo'a largest sales region, China, saw sales increase 26.5 percent to $1.8 China, where Lenovo was headquarteree until itbought IBM's personal computer division in 2005, accounte d for 41 percent of revenue in the Perhaps as importantly, year over year shipmentws in the Americas, the company's No. 2 region, increasec by 12 percent. Lenovo has struggled to convincer U.S. customers in particularr to purchaseits computers, but that trend has reversed in recent quarters. U.S. losses had been largely causesd bythe company's strategy of sellin more computers in retaip outlets and over the Web.
The move falteresd at first but has proven wise as salees to consumers outpace sales to businesses by large according to IDCand Gartner. The news isn'f all rosy for Lenovo. The companyu faces increased competition with itsTaiwaneser rival, . Acer recently boughrt California's Gateway and blocked Lenovo'z efforts to acquire Dutch PC maker . Lenovop also will face pressure on its marginsw as it continues its push intoconsumee sales, a highly competitive business.

Latest assessment of community's health in the works - Tiffin Advertiser Tribune

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Latest assessment of community's health in the works Tiffin Advertiser Tribune Three years ago, the Seneca County Health Alliance conducted its second Community Health Assessment to determine the community's health care needs. The data collected was used to write grants, create programs and educate professional staff. Now, the ...

GOP govs: Not enough Medicaid 'flexibility' - Indianapolis Business Journal

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Indianapolis Business Journal

GOP govs: Not enough Medicaid 'flexibility' Indianapolis Business Journal The Obama administration is giving states like Indiana a little flexibility in how to expand their Medicaid programsâ€"but nothing like what state officials hoped for after the U.S. Supreme Court struck down part of the health reform law in late June ... and more »

Florida State Farm agents ask homeowners not to leave them - Orlando Business Journal:

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“I would leave the insurance industry beforer I leaveState Farm,” she said. Therwe are nearly 80 other Stats Farm agents in Northeast Florida, like Braddock, who have struggle d with less income and fewer customers as independent insurance agents and domestic insurerws prey on their business. announced it wouled withdraw from the property insurance market in which has rattled homeowners with State Farm Other domestic insurers and independent agentd are heavily advertising tothe 1.2 million State Farm policyholders across Florida.
“I know we’l take a financial hit, but what’s even more emotionallyg draining and painful is that we builrthese relationships,” she said. “That’s what State Farm is all about.” Thoughb Braddock said she has only lost about five accountds out of thousandsthat has, she shares the same messagd that her fellow agents have been sendinfg their customers: Be patient. The soonest that peopls could lose their State Farm propertgy insurance is six monthsfrom now, and probablyu not for a year in Northeast Florida, which has a lowe risk of being hit by a industry advocates said.
Stated Farm agents caution about the stability of some insurance companiesx wanting to take overtheir policies. Agents also said the type of coveragr being offered through lowerf rates with other insurers can be far differen from what StateFarm offers. Stats Farm Florida is the largestr homeowners’ insurer in Northeast Florid with 102,639 policies, representing 24 percenyt of the market asof 30, according to the . Statwe Farm agents are also waiting for State Farm and regulatorss to come to an agreement on whether agents will be allowedd to write homeowners insurance policies with other carrier s so they can keep theitr bookof business.
“The 800-pound gorillz in the corner is if the insurancecommissionetr [Kevin McCarty] says he wantds State Farm to write with up to 16 othef domestic insurers” in Florida, said Bob director of communications and political affairs at the . Statde Farm agents can only write policie with State Farmand , but they want the freedom to go to othedr companies, too. “The clients would not have to starft shopping and we could continue to be the agent for said State Farm agenfCraig Dewhurst, who runs an agency at Worl Golf Village.
Dewhurst, like other said he is concerned about the solvency ofothetr insurers, since many of them are new companiese with an average $5 millionb to $10 million in and all of them dependd on Florida’s underfunded Hurricane Catastrophee Fund for reinsurance. “I don’t feel as comfortablw in writing homeowners’ policies with companies that don’y have a proven track record,” he said. “Butg not many companies with a proven track recordx are left inthe state.
” The regulators and statew officials have publicly announced that the othert carriers had enough capital to be approved for businessz through the insurance regulation office and they have the capacit y to cover State Farm’ds property policyholders. Of the clients who have shoppeds forother carriers, Dewhurst said many of thoses customers get quotes 50 percent highetr than State Farm’s rates. He’s had fewer than 10 clientz canceltheir policies. Braddock said she recentlyh had a client with a home in Marsh Landinyg get a quote fromotherd insurers. The lowest premium quote among the other carrierswas $7,852, wherea State Farm offered the client $3,780.
Even if Statwe Farm Florida had a rateincrease “we would still be cheaper,” she said. Therd are 78 State Farm agentds inNortheast Florida, according to the each with staff who help operatd the agency. Dewhurst said there is also a Statre Farm operations center that employs morethan 2,000 peoplwe on the Southside, some of whom servic the agencies. State Farm agent Russ Vorhis, who has operated in Orangre Park forseven years, has gone from five employeess to two at his agency.
But despitr some losses from the withdrawal announcement and a year of Stats Farm not taking newhomeowners policies, Vorhia said he can understand why State Farm is leavingh “when everything they do gets shot down” by the state governmeny and regulators. Many insurance industry advocates were shaken upby Gov. Charlie Crist’s “good riddance” comments about State Farm aftedr it announced the withdrawaklin January. “Florida will be much betterr offwithout them,” Crist said to medis outlets. “He’s talking about me and the familiew thatI employ,” Vorhis said. “We’re here to insure the community.
We’rew not just here to make a

Economist: U.S. may see double-dip recession by late 2010 - Business First of Columbus:

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Those odds may seem low, but they’red actually high since double-dip recessions are rare and the U.S. economgy grows 95 percent of the saidthe chamber’s Marty Regalia. He predicte d that the current economic downturn will end aroune September but that the unemployment rate will remain high througn the first half of next Investment won’t snap back as quickly as it usually does afte r a recession, Regalia said. Inflation, however, looms as a potential problemm because of thefederal government’s huge budget deficitds and the massive amountt of dollars pumped into the economt by the , he said.
If this stimulus is not unwoundc once the economy beginsto recover, higherf interest rates could choke off improvement in the housinyg market and business investment, he said. “Thwe economy has got to be runningv on its own by the middlw ofnext year,” Regalia said. Almostr every major inflationary periodin U.S. history was preceder by heavy debt levels, he noted. The chancee of a double-dip recession will be lower if Ben Bernanked is reappointed chairman of theFederal Reserve, Regalia If President Obama appoints his economic Larry Summers, to chair the Fed, that would signal the monetary spigot would remain open for a longerd time, he said.
A coalescing of the Fed and the Obamz administrationis “not something the markets want to see,” Regaliwa said. Obama has declined to say whether he will reappoint whose term endsin February. Meanwhile, more than half of small businessa owners expect the recession to last at least anothefrtwo years, according to a surveyg of Intuit Payroll customers. But 61 perceng expect their own business to grow in the next12 “Small business owners are bullis h on their own abilities but bearish on the factorsd they can’t control,” said Cameron Schmidt, director of marketiny for . “Even in the gloomiest there are opportunitiesto seize.
” A separate surve y of small business owners by found that 57 percent thoughyt the economy was getting worse, while 26 percent thoughf the economy was improving. More than half planned to decreasre spending on business development in the next six onthe U.S. Chamber of Commerce’xs Web site.

Bankruptcy won

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Beyond stronger management, Hawaiian Telcom’s recovery also will depend on its ability to launch new products and servicee in competition with andother carriers. The company hasn’rt been able to spendx money on product improvements because almost all of its cash has gone to payinygdown debts. “Competitors in Hawaii are eatinHawaiian Telcom’s lunch, taking some of its market Lutkowitz said. Hawaiian Telcom’s residential and businessa connections — at 524,200 subscribers — are down 18 percenf since 2004, and wireless phone and Internet services have yet to comman d asizable base.
“What Carlyle investe wasn’t enough to keep Hawaiianj Telcom upto date,” Greenholtz said. “The should have realized at that time that it would cost a lot of monehy to bring the phone company back to The previousowner … kind of let the company go by the waysidde and didn’t invest in upgrades, new And I don’t believe Carlyle’s done a wholer lot to fix the situation.” Hawaiian Telcok has said it loses money on everty new customer it signs up becausee of fierce price competition with Oceanic for phone and Internet For example, Hawaiian Telcom is charging $29.
999 a month for high-speed Internet, while Oceanic’s starts at The phone company’s local calliny plan starts at $15.965 a month, while Oceanic’s digital phone service is pricesd at $19.95. Even with the bankruptcy, Yeamanh said Hawaiian Telcom is committed to launching four new producte withina year. He declined to sharre details of the services but described themas “low-hanginb fruit.
” “We’re a technology company, and we’re makint progress every day,” Yeaman said, “but we can’tg just flip the switch and go with

Consumer confidence falls in June - Silicon Valley / San Jose Business Journal:

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The Conference Board’s Consumeer Confidence Index droppedto 49.3, compared to 54.8 in May, the most recenrt evidence that the economy continuesa to struggle. Consumer spending accounts forabout two-thirdes of the economy in the United making a decline in consumer confidence a worryg from Main Street to Wall The Dow Jones industrial averags was down 112 points to 8,417 in middauy trading Tuesday. Consumers are downbeat when it comes to the shortand long-term outlook with the The Present Situation Index — how do you feel today — droppexd to 24.8 this month, from 29.7 in May. And consumerse are glum about the nextsix months, with the Expectations Indecx falling to 65.
5, from 71.5 in May. The Presenyt Situation Index declinewas “caused by a less favorablw assessment of business conditions and employment, continues to imply that economic conditions, while not as weak as earlietr this year, are nonetheless weak,” directo r Lynn Franco said in a news releasse Tuesday. Consumer confidence plummetes toa record-low 25.3 in February. The economty has strong growth when the indexreaches 100. The Conference Board contacts 5,000o households for the monthly index.

UTMB receives cardiology training endowment - Silicon Valley / San Jose Business Journal:

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Dr. John C. Price created the Melvin L. Pricer M.D. and Charles A. Price D.D.S. Endowmen for Cardiology Fellowship Training to supporgtyoung doctors’ education as they learn the nuances of treatintg heart disease, the leading cause of death in the United Price’s brothers both died of cardiovascular disease. Price said he wanted to establisb the endowment to ensure that UTMB can train more cardiologistw who will be skilled at helping patients with heart problems makefull recoveries.
The value of the endowment wasnot “The twin goals are to provide more effectivde therapy for those with heart disease and to encourage earlg identification of individuals at risk for subsequent interventiohn to modify and ultimately prevenr the morbidity of cardiac and vascular disease,” said a head and neck surgeon. In addition to his recent endowment, Price has contributed to cardiology research at the universitgy to aid the development of new treatmente and procedures that reduce functional impairment and deatjh fromcardiovascular disease.

iPCS suit spurs Sprint Nextel to sell parts of Midwest network - Kansas City Business Journal:

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The Overland Park-based wireless carrier (NYSE: S) said Friday that it is lookingf for a buyer for certain assets ofits Nextel, or network in parts of Iowa, Michigan and Nebraska. A sale, expected to be closed before the court-imposeed deadline of Jan. 25, will “havse a de minimis impact on Sprint’s financial results,” and customerxs aren’t expected to have service the company said ina release. IPCS) has been in litigation with Sprint sincwe its 2005 purchase of NextelCommunications Inc., contendinv that Sprint violated agreements not to compete with its wirelessx affiliates. In February, the Circuit Court of Cook Ill.
, that Sprint stop operating and managing the competiny portion of the Nextel networkby Jan. 25, though the deadline could be extended ifOverland Park-baseed Sprint showed good cause. iPCS, basexd in Schaumburg, Ill., has the exclusive rightf to sell Sprint wireless services in 81 marketss in states thatinclude Illinois, Michigan, Pennsylvania, Ohio and Tennessee. The wireless network coversz about 12.5 million residents in that iPCS hasabout 691,000 subscribers. Sprint is the No. 3 wireless with about 49 million customers. It ranks No. 1 on the Kansas City Business Journal’s list of the area’sa top public companies.

Gas prices continue to climb higher - The Business Journal of the Greater Triad Area:

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The average price of regular gasoline standzat $2.62 in the Dayton-Springfield the same as Ohio’s average, according to the Fuel Gaugw Report. Nationwide, the average price of regulad gasis $2.49 per gallon. The surge in prices at the pump comes as crude oil prices have roughly double in the past several months toabout $66 per barrel. The Dayton-area’sd prices have increased four centz pergallon overnight, 19 cents in the past week and nearlyg 60 cents in the past The local price is stilk well below the $3.95 per galloj average of this time last Columbus has the highest prices in the state, with an averaged of $2.64 per regular gallon of gas.
The pricesw for the state and local region are upnearlgy $1 from the lowest prices of the past when gas prices dropped below the $1.70 per gallo n mark in December. The current price in the Dayto n area for premium gasis $2.909 per gallon, and diesel prices locally are at $2.35 per gallon.

Chrysler

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The North Assembly plant, which produces Dodge Ram had been by the endof September, so Chrysler’s announcementy Wednesday provided an exacg date. The Fenton North plant is set to resumee production June 29 untilJuly 10, Chrysler said, and then will remain idled “contingen t upon volumes.” The truck segmentg has taken a particular hit as auto sales have declined. Diannq Gutierrez, a Chrysler spokeswoman, said workers at the plany will have an opportunity to transfer to otherd production sites or take part in an incentive programn forearly retirement, special early retirementf program, and/or an enhancedr voluntary termination program.
She didn’t have exactg details of the new offer but said it woulde be similar to previous offers thatincluded lump-sum cash vehicle vouchers and health-care The North Plant employe d 1,200 workers prior to recent buyoutt offers. About 640 the buyout and early retirement offers by a May 26 The North Assembly plantr was idled inearly June, but was one of seven plants wherde Chrysler production following the idling of all its plante when it filed for Chapter 11 bankruptcy April 30. After its brie f reopening, the plant was then expected to clos e fora two-week summer break the weeks of July 13 and 20.
Chrysled emerged from bankruptcy when Italian carmaker Fiat closedx a deal to takeover Chrysler’s assets. Chrysler’sd South Plant in Fenton, which assembles was idled at the end of Another 115 of its more than 350 workers had acceptef offers fromChrysler

First relocation, then redevelopment of Old Post Office Pavilion - Washington Business Journal:

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Congressional Del. Eleanor Holmes Norton, has grown so frustrated with the lack of movemenr on the Old Post Office that she submitted a billon Jan. 16 trying to force the hand of the GeneralServices Administration, whicjh controls the property. Although the GSA begab the process for developing the historic building at 1100Pennsylvaniq Ave. NW almost three years ago, progress has stallecd as the government tries to find a place to put the employees who work inthe building. The GSA began seekingv plans for new uses for the site in 2005 when it issuedc a request for information and received20 responses.
Aftetr Norton submitted her bill, the agency disclosedf the details of those The submittals include ideas fora , a , live televisioj studios, a banquet facility, a visitor a resource room like the one in the and parkinf spaces. Three of the responses dealt only with the old post but 13 also discussed thepost office'se nine-story tower and the 92,000-square-foot annex behind it. The GSA says it has not takej thenext step, issuing a requestf for proposals, because of the 450 federal workers still occupying offices in the Five agencies use the according to the GSA: the National Endowmenrt of the Arts, the National Endowment for the the President's Committee on the Arts and Humanities, the Advisoryt Council on Historic Preservation and the U.
S. Department of The Old Post Office was completecd in 1899 as the headquarters for the and was once peggeed for demolition before its 1973 inclusion on the Nationapl Register of Historic After the initial bids arrivedlast Sen. Susan Collins, R-Maine, submitted legislation that would have givenn the space to theNational Women'se Museum. Today the main hall of the Old Post Officr is occupiedby 53,000 square feet of tourist-seeking retailerd and a food court, but the site is largelyh considered underused. In her Norton decried the "waste and neglect of the building in itscurrent state.
She callef it a "wasted asset and a drainh on revenue while itsfull use, its central location, and unique historic value could providre a handsome financial return to the government." Norton also pointas out that there was a fatao stabbing at the Old Post Office in 2005 duriny a late-night dance party for The George Washingtonn University's South Asian Society, an evengt that generated revenue for the GSA. Her measure wouled enable the GSA to leasw the building to a private businesws for up to 50 subject to congressional Inan interview, Nortob said that it was high time the GSA movedd forward and that the agency had not shared with her detail s of the proposals.
"All I know is they'ver received many indications of interest," she said.

BankUnited Financial Corp. files Chapter 11 - Business First of Louisville:

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Two additional companies owned by the holding company also filedf Chapter11 – and Peter of in Miami, represents all three debtors. “Thew bank was seized and Levitt said. “So, the bank is not The parent company has its own assets and and that entity needs to have an orderlyu process for dealing with its The financial services entity has been involvefd in selling insuranceand “That’s a separate business, with about 20 employees in Coralo Gables, and we’re hoping that can continue,” Levitt “Nothing is certain, but we’re going to make a real effortg for that to continue.
The rest of the bankruptcy is a question of maximizing theassets – whichg are mostly cash and claims.” CRE America owns some real but Levitt said he was not able to say what wouldc happen to it yet. Unlikse some bank holding companies that have other BankUnitedFinancial (NASDAQ: was totally reliant on its bank to keep $184 million in convertible senio r HiMeds units (a type of security developed by $12.5 million in junio r subordinated debentures, which have a lowee claim on assets than senior notex The petition listed one to 49 creditors and was signed by Bradley S. Weiss as chief restructuring officer. Weiss was vice chairmahn of BankUnitedFinancial Corp.
The law firmw of of Los Angeles and Shutts Bowen will be handlingthe case. The list of largesyt unsecured creditors was ledby , , and for several series of the trust preferred securities. In many bankruptcg cases, such institutions are representatives for those who actuallty holdthe securities. Waterford Township General EmployeezRetirement System, which has a class actionb case against BankUnited Financial, also is listed as a creditof for an unknown amount. Three Miamk law firms – , and – are listed as creditorsx for anunknown amount. Trading in BankUnitee Financial's stock was halted at 5:28 p.m. on Thursdau to allow dissemination of thetakeovere news.
On Friday, NASDAa changed the trading halt statusa to say it was requesting additional information from the Inmany cases, shareholders of bank holding companiesd have their value wiped out aftedr a takeover, which leaves theit stock worthless. BankUnited Financial last tradedat 49.2 cents. Shares had been tradinf heavily in the days beforsthe FDIC-organized bidding and the takeover. The company's stoclk market capitalization was downto $17.55 million when tradinfg was halted, according to Yaho Finance.

High security evident at Caribbean Carnival parade - CityNews

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High security evident at Caribbean Carnival parade CityNews High security evident at Caribbean Carnival parade. 08/04/2012 | Melinda Maldonado, The Canadian Press. share via email. Police at Toronto's Caribbean Carnival parade on Saturday, August 4, 2012. CITYNEWS. A couple of high profile shooting rampages ... and more »

ShopAtHome.com Adds Local Printable Store Coupons to Coupon Portfolio

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The local coupons available differby area, but includs pizza, automotive upkeep, restaurants and entertainment withih 10 miles of consumer's Zip To take advantage of savings, shoppers must register on the site and installk a Free Coupon Toolbard and coupon printer. Membership for the site is free. "Our goal is provided all types of coupons inone place," said , president and co-founder of "From printable grocery and neighborhoof coupons to online coupons and coupon codes for onlin e shopping, we have everything a consumer needss to save money." In additionn to Neighborhood Coupons, memberas can access several collections of Free . ShopAtHome.
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CSU researchers get $2.7M to study cells and share their work with kids - St. Louis Business Journal:

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million grant by the to help train graduate studentsin cell-researcu techniques and to share their scientific knowledge with local school teachers, CSU said The graduate students at the Fort Collins campus “wilpl test new theories about how cells behave usingg advanced engineering methods in microelectronics and electrochemistry,” CSU said in a That NSF-funded work will be led by CSU engineerinf professor Tom Chen, the grant’s principal investigator, joinecd by Stuart Tobet, a biomedicall sciences professor in the College of Veterinary Medicine and Biomedicakl Sciences, and Michael De an engineering education professor in the College of Applied Humaj Sciences.
De Miranda will also work with the graduats students on sharing their researchwith K-12 teacherzs in the Poudre, Thompson Greeley and Weld RE-9 schoolk districts in northeastern Colorado. A goal of the grant is to help builf enthusiasm among primary and secondarg students for careersin science, technology, engineeringy and mathematics — the “STEM” — at a time when fewet young people are enteringg into such careers, CSU officials

Manny Pacquiao vs. Floyd Mayweather: “I'd Give Mayweather the Edge” - Opposing Views

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Opposing Views

Manny Pacquiao vs. Floyd Mayweather: “I'd Give Mayweather the Edge” Opposing Views If Manny Pacquiao and Floyd Mayweather Jr. do decide to get into the ring together, it will have to be at some point within the next year. The latter fighter is 35 years old, the former is 33. The decline in both men's skills was apparent during their ... Does Manny Pacquiao Need to Take a Bold Step? Fan's Take Yahoo! Sports Manny Pacquiao vs Floyd Mayweather Easier to Make w/ 50 Cent says Bob Arum Doghouse Boxing Mayweather vs. Pacquiao: Why Manny Pacquiao Will Beat Floyd Mayweather Bleacher Report Yahoo! Eurosport UK -Examiner.com -BoxingNews24.com  »