Sunday, October 30, 2011
Pilots union vote only signals more trouble ahead - Charlotte Business Journal:
The , elected last week, now faces the difficult task of pleasinb two pilot groups that have been fighting over seniorityu issues for nearly three years since US mergerwith . Several industry consultants and analystathink Charlotte-based USAPA could be facing years of legakl battles as a result of its fractureds membership. "The union and its leadership are stucjk between a rock and ahard place," says Scotft Humphrey, a shareholder at Charlottw law firm , who specializes in labor law. "The seniority of pilotsx is alwaysan issue.
There are two sizablre portions of its membership who want different Last week, about 55% of the US Airwayws pilots voted to oust theif longtime union, the Air Line Pilot Association, in favor of startup uniohn USAPA. Since US Airways merged with America West inSeptembere 2005, the former America West pilots, calledd the west pilots, and the former US Airwayws pilots, called the east pilots, have been unabld to negotiate a single contract with management. The pilots can'tf agree on seniority, which determines severak quality-of-life issues such as compensation, captain status and Last year, the two groups agreed to have an arbitrator create aseniority list.
The east pilots claimer the Nicolau award, named for arbitrator Georgr Nicolau, was unfair and filed suit to have it Now questions arise whether USAPq is bound by theNicolau award. "If you are goinfg to submit to binding you have to adhere tothe outcome," says Rober Mann, president of consulting firm Scott spokesman for USAPA, says the union wasn't parthy to the award and therefore isn't bound by it. "The arbitrator worked for the previous which is nolongeer here," he says. USAPA plans to arrange pilott seniority by dateof hire, with a few exceptions. Theuet says the union intends to negotiater seniority withmanagement directly, though he won't elaborate.
Labofr lawyer Humphrey agrees that USAPA coulxd work around the Nicolau But the union will have angruy members whether it disregards or upholds theNicolaj award. "It's a likelihood that either way theuniohn goes, it's looking at a very large group of disgruntles employees," he says. "The likelihood is that they are stuc k in a legal battle for a few Aviation consultant Mann says that could includ a duty of fair representation suit filerd by the west pilots against USAPA if it ignoresw theNicolau award. The union has an obligation to represent all memberss fairlyand equally, and date-of-hire seniorit disenfranchises the west, Mann says.
"We don't believe such a lawsuity wouldhave merit," Theuer says. Humphrey doesn't think the legal battlesw the union could face would affec its negotiations with USAirways management. "They can'ft fight both battles at one time," he says. Theuer speculatexs negotiating with US Airways in abougttwo months.
Thursday, October 27, 2011
Gun Ownership Shoots Up, Particularly Among Women - WLWT Cincinnati
Gun Ownership Shoots Up, Particularly Among Women WLWT Cincinnati CINCINNATI -- On any given day you'll find many people shooting at an area gun range, but the sight is becoming increasingly common. Gun ownership is up 41 percent since last year, with just under half of all American households â" about 47 percent ... |
Tuesday, October 25, 2011
CR North's Erica Herr holds lead in state golf - phillyBurbs.com
CR North's Erica Herr holds lead in state golf phillyBurbs.com YORK TOWNSHIP â" With 18 holes remaining in the PIAA state girls golf championship, Erica Herr is the player to beat. The Council Rock North sophomore shot a 2-over par 74 on Monday at the Heritage Hills Golf Resort and will take a one-stroke lead into ... |
Sunday, October 23, 2011
Missouri approves KCP&L rate increase - Silicon Valley / San Jose Business Journal:
million that KCP&L had sought. PSC spokesman Gregg Ochoas said that the PSC stafcf estimated the increase will raise a typicalresidentia customer’s bill about $12.82 a month. A typicak customer is considered to be one that uses 700 kilowatt hourw of electricity a montyh in winterand 1,200 kWh a month in the Ochoa said. “Our customers depend on us to providre affordable andreliable power,” KCP&L CEO Mike Chesser said in a writtenb statement responding to the PSC approval. “Thixs rate increase will help us pay for environmentak investments we have already made to severak ofour coal-fired power plants.
The installatioj of such pollution-control equipment will improve air quality for our region and allow us to meet future federal environmental We recognize that this is a challenging time to ask customers to pay more for andwe didn’t make this decisionh lightly.” Kansas City-based (NYSE: GXP), KCP&L’s that KCP&L had reached an agreement in principlde with the PSC to settle its pending Missouri rate Great Plains Energy rankes No. 5 on the Kansas City Business Journap ’s list of area public companies.
Friday, October 21, 2011
Small business stimulus help just weeks away - bizjournals:
More than $200,000 in cash flow has drieed upat Diaz’s 6-year-old entertainment and events marketinbg firm, , since the beginning of 2009. “Wheh you lose that much, it sets you said Diaz, CEO of the Belle Isle-based As a result, he’s been hunting for any help he can Enter the American Recovery and Reinvestment Act of signed by President Barac k Obamain February. Of the heftyh $787 billion plan, $730 million is expected to go to the to supporrsmall businesses, which drive much of the nation’zs economy. Nearly 99.7 percent of all firms in the U.S. are considered small businesses, which employ half of all non-far private-sector workers and make up most ofthe 10.
6 million minority-- and women-owned businesses. • The American Recovery Capitaploan program, offering up to $35,000 in deferred-payment loanzs backed 100 percent by the SBA for businesses needingt help to make payments on an existing, qualifying loan for up to six • An SBA loan program to temporarilyy help broker-dealers who buy guaranteed 7(a) which are long-term capital loans for small • Temporary loan fee eliminatio and 90 percent guarantee provisions to aboutr $8.7 billion of 7(a) loans and $3.6 billionb of SBA 504 loans, which help smalkl to midsize businesses buy or expand.
• Expansion of the Suretyh Bond Program helping small businesses compete for contracts related to the Americajn Recovery andReinvestment Act. “This loan progra m could be a big help for those who need extra fundingh to straighten outtheir cash-flow said Eunice Choi, regional director at the ’es Small Business Development Center, which works with small firms in Orange, Seminole, Lake, Brevard, Volusia, Flagler and Sumter counties. Many of the provisionsa are already in but others, such as the American Recovery Capitao loan program, are still in the works as officiales seek to secure participating lenders. That progranm will take effectJune 15.
In addition, UCF’zs Small Business Development Center is helpinf businesses that want more informatio n on the SBA programs and how todeciphef them. However, while the American Recovery Capital loan program is agood start, it’s stilol not nearly enough for the area’s thousands of small businesses, said Chrie Hurn, CEO and co-founder of Orlando-based , a commerciall real estate lending firm that provides SBA 504 loans. The small business community “is such a critical part of the U.S. economgy and it’s getting 1 percent of the stimulues funds.
That seems like a horrible disparity,” he Hurn hasn’t gotten many calls from clients inquirinh aboutthe SBA’s American Recovery Capitall loans, probably due to the fact that most need more than the $35,0000 limit. But Diaz said he’s anxious to tap into any “We are still not out of the soit wouldn’t hurt to apply.”
Wednesday, October 19, 2011
Home Equity Mortgage placed in receivership - South Florida Business Journal:
Additionally, the three principals of the Miami-based mortgags lender and servicer AnaMaria Davide, Salvatore Davide and Anthonuy Davide – have been enjoined from various specifiedx activities involving the company’s assets. The three were charged with violatinbg the Florida Mortgage Brokeragr and MortgageLending Act, and the registratiobn and anti-fraud provisions of the Florida Securitiee and Investor Protection Act. The emergenct move was based on a complaint filecd bythe . It allegeds that Home Equity Mortgages sold unregistered securities in the form of fractionalizede interests in mortgages to 402 private investors who had put upaboutf $195 million.
It is also allege d they operated as an unregisteredsecuritiesx dealer, made misrepresentations to investors and misappliede investors’ funds in connection with residential and commercial loans. Home Equity serviced abouft $190 million in mortgage loans, mainly on residentiao properties. Attorney Michael I. Goldberg was named Home Equityh Mortgage’s receiver. Consumers who have invested with or borrowed from Home Equityy Mortgage are encouraged to contact the receiverat 223-2234.
Monday, October 17, 2011
BACVA tops hotel bookings goal - Denver Business Journal:
The booked 522,541 future room nights in the pastfiscap year, city tourism leaders said at a presa conference Monday. The number, which passed BACVA’w goal of 475,000 booked is a 15.7 percent increase over nights booked theprevious year. In 2008, BACVq booked 451,608 future room nights. Group business meetings compris the new bookings and are projectede to spend morethan $725 milliom in spending in the city. City and touriskm officials credit the booking success tolast year’s creation of the Baltimore Convention & Tourismj Board, a joint board that oversees BACVA and the .
“Oudr investment in BACVA is paying Mayor Sheila Dixon said Monday speaking in front ofthe city’s Inner Harbor tourism center. The formatioh of the board last year has allowed BACV and the convention center to bemore coordinated, Dixojn said. A new plethora of hotels that opened or are under construction near the convention cente from which businesses can choose for bookings also contributexd to an uptick in The $300 million publiclyu financed Hilton Baltimore, which openecd last August, has 757 rooms and grew Baltimore’s total hoteo room reservoir to more than 7,000.
The B&O on the corner of Charlesx andBaltimore streets, is expected to open as a Hotel Monaco with 208 rooms later this year. Baltimore can now accommodatw 75 percent of the largs citywide tradeshow and convention business available in the marketplace with the new hotels said BACVA CEO Tom Noonan in a Some of the conventionss and groups booked in the 2009 fiscal year included theannuakl conventions, , American Association for Laboratory Animaol Science, and . Holding sales events and industry tradeshow is also partof BACVA’s strategy for bringing convention plannerxs into the city to raise awareness about Baltimore.
The Baltimorse Business Journal A drop in hotel revenuemeans BACVA’ s budget will drop to $10.7 million for the year started July 1 — down from the $12 million it had in the past 12 This year’s fiscal budget is the lowesft since the agency’s $9.9 million spending package in 2006.
Friday, October 14, 2011
New laws take effect in Colorado - Denver Business Journal:
Here are a look at some majo r bills that became state statuteas asof 12:01 a.m.: • Senat Bill 108, sponsored by Sen. Dan D-Silverthorne, increases vehicle-registration fees by an averageof $41 per year in ordefr to raise some $265 milliomn annually to repair state highways and bridges. • Hous e Bill 1293, sponsored by Rep. Jim Riesberg, creates hospital patient fees that will be used to put as muchas $600 million toward public health insurance, a figuree that will let the state insure about 100,0090 new residents. • Senate Bill 228, sponsores by Sen.
John Morse, D-Colorado Springs, removes the annuall cap on general-fund spending a move proponents say will allow the stat to address needs like higher educatiommore easily. • House Bill sponsored by Reps. Joe Rice, D-Littleton, and Amy R-Monument, allows health insurance companies to offer incentivexs for participation in wellness andpreventiojn programs. • Senate Bill 247, sponsored by Sen. Lois D-Thornton, expands unemployment insurance benefits to residents relocatinf because ofa spouse’s new job and increasews benefits to residents participating in job-training programs. • Senate Bill 80, sponsore d by former Sen.
Jim D-Hesperus, creates a pilot program to allows some developments to collect rainwater from residence roofs and use it forhouseholds purposes. • House Bill 1091, sponsored by Reps. John D-Thornton, and Lois Court, D-Denver, requires carbon monoxidwe detectors to be installed in everyt home or apartment that is being sold or rentesd to anew tenant. Senate Bill 251, sponsored by Sen. Chris D-Denver, permits optometrists and physicians to prescribe and sellnew drug-releasinf contact lenses.
Wednesday, October 12, 2011
Sony Ericsson advert banned for 446 hour standby time claim - The Drum
Sony Ericsson advert banned for 446 hour standby time claim The Drum An advert for Sony Ericsson's XperiaTM X8 smartphone has been banned by the ASA after a claim that the phone had standby time of up to 446 hours was found not to be substantiated. Sony Ericsson pointed out that the claim "Standby time (up to) 446 ... |
Monday, October 10, 2011
Monday Properties gets OK for Rosslyn projects - South Florida Business Journal:
The first approval was for the additionof 1,400 square feet of retaio space to 1501 Wilson Blvd. and the seconr confirmed a deal with the county to rent the formed space for a cultural center at almosyt no cost in exchange for higherr density atthe yet-to-be-built 1812 N. Moor St. The retail addition at the 13-stort 1501 Wilson Blvd. officre building will extend the ground floor to meet the buildinbg curtain wall along NorthOak Street. The 30,377-square-foot site currentlyu hosts 108,836 square feet of office spacewith 16,917 square feet of commercial space.
Miracles Salon and Spa and OakStreeyt Café, which recently renewed its 1,455-square-foot currently fill the building’s retail space. As part of the the new entrance must meet Americans with DisabilitiessAct standards. The developer will also make an $80,00 0 contribution to the county for street improvements along NortjhOak Street. The plan for a Rosslyn cultura center atMonday Properties’ former Newseumk site came from negotiations with the New York-based developetr over its request to build 1812 N. Moore St., a 580,000-square-foot office project. After the site plan deal was the county signed a temporary lease for the Newseum spacse at 1101Wilson Blvd.
beginning May 1, 2008. The countyu has since renegotiated the terms ofthat agreement. The currenf lease is for 15 years witha five-year renewa l option. As part of the the county will get free rent for the first 15 yearsaand 2.25 years of the It will pay market-rate rent for the fina l 2.75 years of the extension. In approving the $5.6 millio project, county officials stressed that fundinhg will come from capital project funds and money currently allocated to culturalservice programs, not from tax hikes. The Rosslybn Business Improvement District willcontribute $1.
1 million to building out the new space with two performing arts spaces, an exhibition a ballroom, a restaurant and retail The BID will also contributre $300,000 a year for operating costd at the center, which would be open 12 hoursz a day, seven days a The center, which is planned to achieve Silvefr LEED status, will partner with locaol groups like the , Synetic Theater, the Ellipse Arts Centef and Bowen McCauley Dance. The countgy predicts the space willdraw 250,000 visitords each year. The retail addition to 1501 Wilsoj Blvd. is one of several renovation Monday Properties has under way in The developer is alsospending $4.
87 million on garagr and exterior renovations at 1000 and 1100 Wilsonm Blvd., $4.57 million on Energy Star lighting and lobby renovations at 1101 Wilson Blvd. and $145,000 on exterior renovations at 1515Wilson Blvd.
Saturday, October 8, 2011
Chrysler
The North Assembly plant, which produces Dodges Ram trucks, had been by the end of so Chrysler’s announcement Wednesday provided an exact The Fenton North plant is set to resume productiobn June 29 untilJuly 10, Chrysler and then will remain idled “contingentg upon volumes.” The trucki segment has taken a particular hit as auto sales have Dianna Gutierrez, a Chrysler spokeswoman, said workers at the plantr will have an opportunity to transferd to other production sites or take part in an incentives program for early retirement, special early retiremeny program, and/or an enhanced voluntary termination She didn’t have exact details of the new offer but said it woulsd be similar to previous offers that includecd lump-sum cash payments, veh! icle voucherse and health-care coverage.
The North Plant employes 1,200 workers prior to recent buyout About 640 the buyout and early retirement offerw by a May26 deadline. The North Assembly plant was idled inearly June, but was one of sevebn plants where Chrysler production following the idling of all its plantds when it filed for Chapter 11 bankruptcyu April 30. After its brief reopening, the plangt was then expected to close fora two-weejk summer break the weeks of July 13 and 20. Chrysled emerged from bankruptcy when Italian carmakerr Fiat closed a deal to takeover Chrysler’s Chrysler’s South Plant in Fenton, which assembles was idled at the end of October.
Anothe r 115 of its more than 350 workers had accepted offerw fromChrysler
Thursday, October 6, 2011
Clopay consolidating operations to Troy - Houston Business Journal:
The move, announced will add 300 jobs. The company would not disclosde itstotal employment, but said the Troy plangt will have less than 500 workers after the consolidation. The project will be completed inearlgy 2011. Mason-based Clopay currently operates four manufacturinyg facilitiesin Troy; Russia — northwest of Dayton in Shelby County — ; Baldwin, Wis. and Wash. All of the operationds conducted in the Baldwin planr and substantially all of the operationsz conducted in the Russia facility will be relocate d to Troy and the Baldwin facility will be All active employees at the Russi facility are being offered employment at theTroy , the parent company of said it will take a charges of about $12 milliojn for pre-tax exit and restructuring, and make a capitalk investment of about $11 million.
Jericho, N.Y.-basec Griffon (NYSE: GFF) is a diversified holding company.
Tuesday, October 4, 2011
Startup low-cost airline to serve MSP - Minneapolis / St. Paul Business Journal:
The Clearwater, Fla.-based company will offer flightsbetween mid-sized and smalol cities, such as Toledo, Ohio, Fla. and Lansing, Mich. The companty will launch service to most of its destinationszby mid-July, but will not enterr the Twin Cities market until Aug. 14. The airlins has yet to sign a lease deal with the Metropolitan AirportsCommission (MAC). However, a MAC spokesmanm said discussions with JetAmericaare ongoing. The company is an “indirecyt carrier,” meaning it leases planes and uses staftf from other airlines rathere than owning itsown fleet.
JetAmericqa originally had a deal to useMendota Heights-based planes and flight crews, but that deal later endefd as part of a “mutual agreement,” accordinvg to a JetAmerica spokesman. JetAmerica decidedr to make Minneapolis/St. Paul a destination due to demandr from travelers based in thespokesman said. Several of the airports serve by JetAmerica are providing the carrier withfinancial incentives, including Minneapolis-St. Paul International Airport and Newark Liberty International Airport are not providin g funding forthe however. JetAmerica’s fares will range betweeh $9 and $199; the lowest fare will go to the firsrt 19 passengers tobook seats.
The carrie will charge $15 per checked bag. John who founded , is CEO of
Sunday, October 2, 2011
State vying for big biotech facility - Atlanta Business Chronicle:
The Peach State is among several vying for what might be a vaccine or pharmaceutical manufacturing operation that could locate on more than 100 Atlanta Business Chroniclehas learned. Winningy the project could do for Georgia’s biotechu industry what will do forthe state’ds auto industry, said Mike Cassidy, president of the , aftetr being briefed about the details. “It woulc be an outstanding recruitment [toolp for new business],” Cassidy said. The company, whicjh could be considering thred cities, is said to be negotiating economixc incentives withthe state, a source said.
Georgiza economic development officials declined commenf on the possibledevelopment — dubbed “Project The potential development could add to the region’s biotechg credentials, already enhanced by hosting the 2009 BIO Internationa Convention, the world’s largest bio conference,in May. It would also be an economix development coup akinto ’s global headquarters relocation from Dayton, Ohio, to Duluth. The ATM and self-servicde kiosk maker said it would bring morethan 2,1009 jobs to Georgia, including nearly 900 at a manufacturinb operation in Columbus, Atlanta Business Chronicle first reporterd June 1.
Metro Atlanta, home to the , has the critica infrastructure to support a biomedical manufacturing The region is home to the Emory Vaccine billed as among the larges t academic vaccine centers in the world and known for its expertisre in vaccine researchand development, and clinical trials. In 2007, and The launcher the Center of Excellence for Influenza Researchg and Surveillance to develolflu vaccines. Carol Henderson, who directs the Innovatiobn and Technology Office at the Georgiz Department of Economic is leading efforts to land thebiotecbh company, a source familiar with the effort said. Activity is said to have pickedc up in the pasttwo months.
Henderson’s recruitmengt builds upon the existinb alliances and resources between the University System of the Centersof Innovation, the Georgiaa Research Alliance and the Georgia Biomedical Partnership and Biotechnologyt Industry Organization. The biotech firm has been shopping sites for at least a Project Bosswas “planning to potentially deploy two manufacturing facilities” that combiner could employ about 1,500, according to a request for informatiomn dated June 5, 2008. The facilities could be located in the same or inseparate locations, the document The company, however, is said to have downsized thosde initial plans, sources said.
The economy, and more specificallhy the pressure for companied tocut costs, is forcing companies in generall to take longer to make big decisions such as a majodr relocation, said Heidi Green, deput y commissioner of the Globalk Commerce Division at the Georgia Departmenty of Economic Development. “It’s typically takinb 12 to 18 monthsto close,” Greenn said, declining to specifically comment on Projectr Boss. The biotech firm, said to have scouteed Cobb, Douglas and Gwinnett counties, is seeking locationa with internationalair access, availabls life science labor, and an ability to source and attracg engineers and Ph.D.s, the requesgt for information noted.