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state coin dealer as part of a multistate crackdown on allegedxconsumer fraud. Cordray said Wednesdagy that his office has filer suit in Hancock County Common Pleas Courtagainst Amityville-based and its Barry Rothman. The state alleges Alliance violatec Ohio consumerprotection law, and it wantxs to levy financial penalties and hold the company responsibler for reimbursing consumers. Cordray’s office said the dealer of rare coins allegedly hasused high-pressure sales tactics over the phone and is targeting seniotr citizens in its business pitches.
Cordray claims the company has misrepresented the value and investment grade of the coinsz in its business dealing s and operated without registering in the state as a telephone Reached byphone Wednesday, Rothman declinee to comment on the Kim Kowalski, a spokeswoman for Cordray’s said the state’s investigation began after it receivedx a complaint from an 82-year-old Hancock Counthy resident who allegedly spent more than $25,000 on Alliance coinds to later discover they were wortjh much less. Alliance claims to offe a 15-day refund window, but that mighr not be enough time for consumerds to discover any gapsin value, the Attorney General’sw Office said.
The Hancock County complaint is the only one file withthe state, but Kowalski said the office is awarew of other allegations made by Ohio consumers. The lawsuitr is part of a nationakl sweep dubbed Operation Short Change that targets companiea accused of exploiting consumers amidthe recession. Ohio is one of 14 statesw that havefiled suits, while the has mountecd 15 cases and the is pursuing 42.
Tuesday, October 30, 2012
Sunday, October 28, 2012
Biodiversity Meeting Calls for More Science-Based Information - AllAfrica.com
haygoodfoafyga1359.blogspot.com
Biodiversity Meeting Calls for More Science-Based Information AllAfrica.com The information is likely to be available for peer review and consideration by the UN Subsidiary Body on Scientific, Technical and Technological Advice (SBSTA) at the next CBD meeting in Korea in 2014. The document addressing geoengineering also "notes ... |
Saturday, October 27, 2012
Racing commission approves betting facility in Clark County - Business First of Louisville:
belyaevostapuki.blogspot.com
allowing the Shelbyville, Ind.-based horse racingh company to move forward with its planzs to renovate a former drugstorein Clarksville. The proposed site is a forme r Drug Emporium building at 700Easternh Blvd. The building is locatefd in the shopping center with a Valuew City Department Store and is less than one mile from the intersectiom of Interstate 65 andEastern Boulevard. The which will complement the company's other betting facilities in Shelbyvilleand Evansville, likely would compete with Louisville-based Churchilo Downs Inc.'s (NYSE: CHDN) Trackside Louisville, formerlyh Sports Spectrum.
Indiana Downs, located just southeasr of Indianapolis, already competes with Churchill's Hoosie Downs in Anderson, and the company's Ellis Park in Ky. According to reports, the Clark County facilityt could be open by the end ofthe year. The which would be a sports bar and hors racingbetting parlor, would have 60 to 70 according to a news release from Indiana Downs. In addition to approvingg the OTB application, the commission also votexd to change the way the subsidyfrom Indiana's riverboaty casino revenues will be dividefd between Hoosier Park and Indiana Downs. According to reports, the new rulese call for equal shares ofthe $10.
8 million annuaol subsidy to be split betweenm Indiana Downs and Hoosier Park. Previously, Indiana Down released a small shar e ofthe subsidy. Officials with Indiana Downsw and the Indiana Horce Racing Commission could not be reachexfor comment.
allowing the Shelbyville, Ind.-based horse racingh company to move forward with its planzs to renovate a former drugstorein Clarksville. The proposed site is a forme r Drug Emporium building at 700Easternh Blvd. The building is locatefd in the shopping center with a Valuew City Department Store and is less than one mile from the intersectiom of Interstate 65 andEastern Boulevard. The which will complement the company's other betting facilities in Shelbyvilleand Evansville, likely would compete with Louisville-based Churchilo Downs Inc.'s (NYSE: CHDN) Trackside Louisville, formerlyh Sports Spectrum.
Indiana Downs, located just southeasr of Indianapolis, already competes with Churchill's Hoosie Downs in Anderson, and the company's Ellis Park in Ky. According to reports, the Clark County facilityt could be open by the end ofthe year. The which would be a sports bar and hors racingbetting parlor, would have 60 to 70 according to a news release from Indiana Downs. In addition to approvingg the OTB application, the commission also votexd to change the way the subsidyfrom Indiana's riverboaty casino revenues will be dividefd between Hoosier Park and Indiana Downs. According to reports, the new rulese call for equal shares ofthe $10.
8 million annuaol subsidy to be split betweenm Indiana Downs and Hoosier Park. Previously, Indiana Down released a small shar e ofthe subsidy. Officials with Indiana Downsw and the Indiana Horce Racing Commission could not be reachexfor comment.
Thursday, October 25, 2012
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Gold ... - DailyFinance
bentlyoupapa1810.blogspot.com
Robbins Geller Rudman & Dowd LLP Files Class Action Suit Against Gold ... DailyFinance NEW YORK--(BUSINESS WIRE)-- Robbins Geller Rudman & Dowd LLP ("Robbins Geller") (http://www.rgrdlaw.com/cases/goldresource/) today announced that a class action has been commenced in the United States District Court for the District of Colorado ... |
Wednesday, October 24, 2012
Labour to support Borg, hoping for expedient review by Attorney General - MaltaToday
disadvantage-unlimited.blogspot.com
Labour to support Borg, hoping for expedient review by Attorney General MaltaToday Opposition leader Joseph Muscat has appealed for an expedite review by the Attorney General of the facts in the OLAF investigation that has prompted the resignation of John Dalli from European Commissioner for health and consumer policy. "We would like ... |
Chinese court sentences teen to life in prison for stabbing hospital workers ... Fox News BEIJING รข€" A court sentenced a teenager to life in prison Friday for killing a medical intern and stabbing three other workers at a northeastern Chinese hospital, in a case seen as a symptom of frustration over a dysfunctional health care system. The ... |
Secular coalition grades presidential candidates CNN (blog) Though the goal in doing this was to รข€œhelp people who vote on secular valuesรข€ decide who to vote for, the coalition spokeswoman believes the results could be valuable to the candidates, too. รข€œPolitical parties need to learn how to reach out to the ... Secular group releases presidential report card Secular Coalition relea ses '2012 Presidential Election Scorecard' Gary Johnson Receives Highest Grade From Atheist Group |
Tuesday, October 16, 2012
PRECIOUS-Gold lifts from 1-month low as euro, stocks rise - Reuters
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Moneycontrol.com | PRECIOUS-Gold lifts from 1-month low as euro, stocks rise Reuters Largest gold, silver ETFs report outflows (Updates prices). By Jan Harvey. LONDON, Oct 16 (Reuters) - Gold prices firmed on Tuesday, recovering some lost ground from a one-month low in the previous session, as a weaker dollar, stronger stock markets ... Gold, Silver Drop Most in Three Months on Economy, China Gold And Silver Outlook For October 15, 2012 Gold Prices Edge Higher; Silver Prices also Gain |
Sunday, October 14, 2012
Man seeks 'fair trial' of son convicted by military court - DAWN.com
gault-rickettsias.blogspot.com
Man seeks 'fair trial' of son convicted by military court DAWN.com PESHAWAR, Oct 14: The father of a former army soldier on death row has requested the chief justice of Pakistan to take notice of the conviction of his son by a field general court martial and subsequent dismissal of his appeal without fulfilling ... |
Saturday, October 13, 2012
Madoff gets 150 years in prison - Baltimore Business Journal:
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“I’m not surprised. That’s what he deserved,” said Adelwe Fox of Tamarac, who lost thousands of dollarasto Madoff's scheme. The masterminds behind the biggest Ponzi schemein U.S. historhy was sentenced on Mondaty morning in federal court in Manhatta to 150 years behind the maximum requested byfederakl prosecutors. Madoff's attorney had asked for a far more lenientt sentence of 12 Insentencing Madoff, U.S. District Judge Denny Chin called the fraud and said thatthe “breach of trusty was massive.” The judge described his acts as “extraordinarilh evil.
” “No other white-collar case is comparable in terms of the duration and enormity of the frausd and the degree of the betrayal,” Chin said. Madofv confessed in March to 11 countsincludingv fraud, money laundering theft and perjury, amongv other things. His victims reportedly numbe morethan 1,300 and stretch acrosxs the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heardd from nine of the victims who talkex about the devastation Madoff’s fraud had causedx to their lives and their families. Many of Madoff’ s wealthy clients lived in South Florid a and lost their life savinges tohis scheme.
Fox, 86, said she is still furiou that the and the federalgovernment didn’yt expose Madoff’s fraud earlier. “The SEC is just as guilth as Madoff and theyfailed us. Nobody seems to do anythin about it,” Fox She also took issue with the largew fees being paid to peopled such asIrving H. Picard, the trustee who is handling the liquidation ofBernard L. Madoff Investment Securities. “Thre trustee Picard is making hisown They’re paying these guys millions of dollars. It woulde be better to pay theinvestoras directly,” Fox said.
Fox, a widow who once worke d as secretary in New said sheinvested $50,000 in 1987 because she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneh back from Social Securitypaymentws she’d made over the years on income from Madoff accounts. However, she is worriedd that her disbursements may eventually be targeted in clawback efforts by the trustee in bankruptcy proceedings who has begun sendinf out letters demanding the return of profits derivex fromtheir investments.
Guy Fronstin a Boca Ratoj attorney who hasadvised Fox, said the governmeny has “been good about refunding taxes but there are delays in processint claims to the Securities Investor Protectiom Corporation. “Some of the peoplre I know are too busy with theser other issues to really care that much about whathappener today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno Yoss, said he believews the court had little choice but to levy the maximun sentenceon Madoff.
“I don’t think the victimsd should have been victimized again by havingh him be able to leave prison one said Atlas, whose firm continues to advise clients aboutf tax returns and possibly futurwe claims against investment advisors who invested with “I’m wondering if the trustee will be able to locat e more than the billion plus that he’s located, and what is the real Atlas said. In addition to his prison term, Madoff was ordered to forfeifnearly $170 billion, which represents the proceeds of, and property involvedr in certain of his according to a news release from the U.S.
Department of “While today’s sentence is an importanrt milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernj District ofNew York, said in a news “We are focused on tracing, restrainingf and liquidating assets to maximizee recoveries for the victims.”
“I’m not surprised. That’s what he deserved,” said Adelwe Fox of Tamarac, who lost thousands of dollarasto Madoff's scheme. The masterminds behind the biggest Ponzi schemein U.S. historhy was sentenced on Mondaty morning in federal court in Manhatta to 150 years behind the maximum requested byfederakl prosecutors. Madoff's attorney had asked for a far more lenientt sentence of 12 Insentencing Madoff, U.S. District Judge Denny Chin called the fraud and said thatthe “breach of trusty was massive.” The judge described his acts as “extraordinarilh evil.
” “No other white-collar case is comparable in terms of the duration and enormity of the frausd and the degree of the betrayal,” Chin said. Madofv confessed in March to 11 countsincludingv fraud, money laundering theft and perjury, amongv other things. His victims reportedly numbe morethan 1,300 and stretch acrosxs the globe. Their losses are estimated at morethan $13 Prior to sentencing, Chin heardd from nine of the victims who talkex about the devastation Madoff’s fraud had causedx to their lives and their families. Many of Madoff’ s wealthy clients lived in South Florid a and lost their life savinges tohis scheme.
Fox, 86, said she is still furiou that the and the federalgovernment didn’yt expose Madoff’s fraud earlier. “The SEC is just as guilth as Madoff and theyfailed us. Nobody seems to do anythin about it,” Fox She also took issue with the largew fees being paid to peopled such asIrving H. Picard, the trustee who is handling the liquidation ofBernard L. Madoff Investment Securities. “Thre trustee Picard is making hisown They’re paying these guys millions of dollars. It woulde be better to pay theinvestoras directly,” Fox said.
Fox, a widow who once worke d as secretary in New said sheinvested $50,000 in 1987 because she was related to Madoff’s accountant, Jerry Horowitz. She said she was able to get some moneh back from Social Securitypaymentws she’d made over the years on income from Madoff accounts. However, she is worriedd that her disbursements may eventually be targeted in clawback efforts by the trustee in bankruptcy proceedings who has begun sendinf out letters demanding the return of profits derivex fromtheir investments.
Guy Fronstin a Boca Ratoj attorney who hasadvised Fox, said the governmeny has “been good about refunding taxes but there are delays in processint claims to the Securities Investor Protectiom Corporation. “Some of the peoplre I know are too busy with theser other issues to really care that much about whathappener today. They believed he would spend the rest of his days in Fronstin said. Jan Atlas, an attorney with Adorno Yoss, said he believews the court had little choice but to levy the maximun sentenceon Madoff.
“I don’t think the victimsd should have been victimized again by havingh him be able to leave prison one said Atlas, whose firm continues to advise clients aboutf tax returns and possibly futurwe claims against investment advisors who invested with “I’m wondering if the trustee will be able to locat e more than the billion plus that he’s located, and what is the real Atlas said. In addition to his prison term, Madoff was ordered to forfeifnearly $170 billion, which represents the proceeds of, and property involvedr in certain of his according to a news release from the U.S.
Department of “While today’s sentence is an importanrt milestone, the investigation is continuing,” Lev L. acting U.S. Attorney for the Southernj District ofNew York, said in a news “We are focused on tracing, restrainingf and liquidating assets to maximizee recoveries for the victims.”
Friday, October 12, 2012
Study: Long-term benefits trump cost of health insurance for all U.S. children - Portland Business Journal:
gault-rickettsias.blogspot.com
“Providing health insurance to all children in America will yieldf substantialeconomic benefits,” wrote Vivian Ho, chaifr in health economics at Rice University and co-author of the report. Researchers at the Baker Institute said childrem who receive health care coveragr go on to become moreproductive adults. The cost incurredr by insuring the children is offset by the increasede value of the additional life years and quality of life gained by medical thereport stated.
“The up-front incremental costes of universal health insurance coverage for childreh arerelatively modest, and they will be offset by the valu e of increased health capitakl gained in the long the report stated. The research was based on studies publishesd in scholarly journals examining the economic impacg of failing toinsure U.S. Researchers estimate that nearly eight million childrenm inthe U.S.
are and the nation ranks third amonh the 30 industrialized members of the Organization for Economixc Cooperation and Development in percentage ofuninsured
“Providing health insurance to all children in America will yieldf substantialeconomic benefits,” wrote Vivian Ho, chaifr in health economics at Rice University and co-author of the report. Researchers at the Baker Institute said childrem who receive health care coveragr go on to become moreproductive adults. The cost incurredr by insuring the children is offset by the increasede value of the additional life years and quality of life gained by medical thereport stated.
“The up-front incremental costes of universal health insurance coverage for childreh arerelatively modest, and they will be offset by the valu e of increased health capitakl gained in the long the report stated. The research was based on studies publishesd in scholarly journals examining the economic impacg of failing toinsure U.S. Researchers estimate that nearly eight million childrenm inthe U.S.
are and the nation ranks third amonh the 30 industrialized members of the Organization for Economixc Cooperation and Development in percentage ofuninsured
Wednesday, October 10, 2012
First tenants at Grandview Yard unveiled - The Business Journal of Milwaukee:
bengeyqafiba1640.blogspot.com
Plans filed with the city July 7 show developerd Nationwide RealtyInvestors Ltd. wants to builf the first $40 million wortg of projects as it continues planningf forthe broader, $500 million to $600 millionn redevelopment on 90 acres in the suburb’s industrialk core. The city’s planning commission will consider the Hyatt Place Urban Active fitness center and aplanned Jason’se Deli in the office building as conditional The preliminary and final development plan must go through the commissiobn as well as Grandvieq Heights City Council.
Dublin-based M&A Architects, the designer of the three-story office building, plana to occupy at least 20,000 squarr feet on the top floor. The plansz mark the first projects presenteds to the city for approval since Nationwide Realtyy first began acquiring the former Big BearStore Co. distribution complex and surrounding propertiess inMay 2006. In conjunction with the real estats projects, Grandview Heights City Council at its July 6 meetinh heard a first reading of a developmentf agreement between the city andNationwider Realty.
The resolution outlines how the city will payfor $78 millionm in road improvements and utilities inside Grandview Yard and anotherr $41 million in off-site public improvements. Other legislation in support of the development agreement is expecteds to be introduced as early as a special July 13councip meeting. Construction on the three buildings and the first phase of road and utilityg projects could begin as earl y aslate August. The office, hotel and fitness center shoul open infall 2010, said Nationwide Realtt President Brian Ellis. “We should be pretty well positioned to get theprojecty going,” he said.
The city’s mayor welcomed the sign of progresss despite the tougheconomic environment. “Getting something out of the ground,” Mayo r Ray DeGraw said, “will attract attention and more
Plans filed with the city July 7 show developerd Nationwide RealtyInvestors Ltd. wants to builf the first $40 million wortg of projects as it continues planningf forthe broader, $500 million to $600 millionn redevelopment on 90 acres in the suburb’s industrialk core. The city’s planning commission will consider the Hyatt Place Urban Active fitness center and aplanned Jason’se Deli in the office building as conditional The preliminary and final development plan must go through the commissiobn as well as Grandvieq Heights City Council.
Dublin-based M&A Architects, the designer of the three-story office building, plana to occupy at least 20,000 squarr feet on the top floor. The plansz mark the first projects presenteds to the city for approval since Nationwide Realtyy first began acquiring the former Big BearStore Co. distribution complex and surrounding propertiess inMay 2006. In conjunction with the real estats projects, Grandview Heights City Council at its July 6 meetinh heard a first reading of a developmentf agreement between the city andNationwider Realty.
The resolution outlines how the city will payfor $78 millionm in road improvements and utilities inside Grandview Yard and anotherr $41 million in off-site public improvements. Other legislation in support of the development agreement is expecteds to be introduced as early as a special July 13councip meeting. Construction on the three buildings and the first phase of road and utilityg projects could begin as earl y aslate August. The office, hotel and fitness center shoul open infall 2010, said Nationwide Realtt President Brian Ellis. “We should be pretty well positioned to get theprojecty going,” he said.
The city’s mayor welcomed the sign of progresss despite the tougheconomic environment. “Getting something out of the ground,” Mayo r Ray DeGraw said, “will attract attention and more
Tuesday, October 9, 2012
Catholic hospital chain backs out of joint venture with Centene - Silicon Valley / San Jose Business Journal:
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, founded by the Archdiocesre of Boston, said it was withdrawing from the partnershiopFriday night, just days before it was to take effect Wednesday. Caritas plans to continue to participatd inthe state-subsidized program that will provids health-care services for 165,000 low-income working adults who are not eligible for Medicaied or employer-sponsored insurance. But the hospital systemm will participate only asa health-care provider, not a co-ownef of the venture.
“By withdrawing from the jointr venture and serving the poor as a provider inthe Connector, upholdinf Catholic moral teaching at all times, they are able to carr forward the critical mission of Catholic health care,” Cardinal Seánh O’Malley said in a statement Friday night. “Out singular goal has been to provide for the needes of the poor and underserved in a manner that is fullty and completely in accord with Catholivmoral teaching.
” Sandy McBride, a spokeswoman for Centene, told the Bostonb Globe that the end of the joint venture won’tt have an impact on the health She also said she couldn’t provide information about the financial impacyt of the change. In March, Centene Corp.’s , a contract to manage health-carse services for thousands of low-income patients in partnership with Caritas ChristkiHealth Care. Centene had said it would consolidatse the financial operations of the joint venture and by the fourty quarterof 2010, had expected annua run rate revenue of $100 millionh to $125 million. St. Louis-based Centened Corp.
(NYSE: CNC), led by Chairman and Chiefv ExecutiveMichael Neidorff, provides managed care programs and relatex services to individuals under Medicaid. It also operated health plans in Georgia, New Jersey, Ohio, Texas and Wisconsin.
, founded by the Archdiocesre of Boston, said it was withdrawing from the partnershiopFriday night, just days before it was to take effect Wednesday. Caritas plans to continue to participatd inthe state-subsidized program that will provids health-care services for 165,000 low-income working adults who are not eligible for Medicaied or employer-sponsored insurance. But the hospital systemm will participate only asa health-care provider, not a co-ownef of the venture.
“By withdrawing from the jointr venture and serving the poor as a provider inthe Connector, upholdinf Catholic moral teaching at all times, they are able to carr forward the critical mission of Catholic health care,” Cardinal Seánh O’Malley said in a statement Friday night. “Out singular goal has been to provide for the needes of the poor and underserved in a manner that is fullty and completely in accord with Catholivmoral teaching.
” Sandy McBride, a spokeswoman for Centene, told the Bostonb Globe that the end of the joint venture won’tt have an impact on the health She also said she couldn’t provide information about the financial impacyt of the change. In March, Centene Corp.’s , a contract to manage health-carse services for thousands of low-income patients in partnership with Caritas ChristkiHealth Care. Centene had said it would consolidatse the financial operations of the joint venture and by the fourty quarterof 2010, had expected annua run rate revenue of $100 millionh to $125 million. St. Louis-based Centened Corp.
(NYSE: CNC), led by Chairman and Chiefv ExecutiveMichael Neidorff, provides managed care programs and relatex services to individuals under Medicaid. It also operated health plans in Georgia, New Jersey, Ohio, Texas and Wisconsin.
Sunday, October 7, 2012
Montgomery County proposes life-sciences development - Baltimore Business Journal:
exceeding-commissioner.blogspot.com
The department will recommend this week that the Plannintg Board revampGaithersburg West’s masterf plan to incorporate 20 million square feet of commerciapl space and 8,000 homes and accommodatd 60,000 jobs. This would be a significantr boost for theroughlt 700-acre area creating a self-contained life sciences hub where scientistsz can live, walk, work, eat, shop and Today, the area holds 6.9 million square feet of commercia space, 3,300 homes and 21,20o0 jobs, and the original 1990 master plan had rampe that up to nearly 13 million commercial squaree feet, 3,800 homes and 38,000 jobs.
Neighborhood groups have protestedc the expansion plans and their potential for creatinbg trafficand congestion, asking county plannerss to not stray from the 1990 masterf plan figures. But supporters of the expansionb plans say such aresearcgh campus, in this case anchored by , and and its Belwarr Research Campus, is necessary to compete with othed burgeoning life science centers around the “We’re thinking big, and we’re thinking of a real changde in identity for the said Elaine Amir, executive director of Johns Hopkins University Montgomeruy County. “We’re looking to get noticede by the world.
” Planners envision a five-district researcu community connected bybike trails, walkways and three stopz on the planned Corridor Citie Transitway to neighboring communities and the Shady Grove Metro Station. The proposal calls for the highest a minimum of 60 feet and up to 143 feet to be placed next to thosseCCT stops. It would move the county’as Public Service Training Academy from itscurrent 52-acre locatiob next to the Rockville incubator, and replacee it with a 2,000-unit residential community. And it wouldc build out JHU’s 107-acre Belwarsd property, a former farm deeded to the university foracademic purposes.
By the end of last year, the universityh had proposed building 4.6 million to 6.5 million squares feet of research, medical and academic developmeng onthe plot, creating 13,000 to 17,000 jobs. Nearby residentse had asked JHU to halvrethose plans. The university said the Planning Departmeny master planlowers Belward’s proposed density leveles to less than that of JHU’sz current campus in Rockville. It increases the bufferw around the development and requires JHU preservr 10to 12, rather than seven, acres for green space. “It’s not goinbg to be a farm,” Amir “But it’s not going to be the plan we had in 1996 that was filled withparking lots.
” While the proposal is not likelyh to comfort opposing residents, biotech industry insiders say a lack of such a centralizedc life sciences complex has held the local market “We’re really spread out, and there’s really nevetr been this sense of community within the sector. We all go our separatwe ways,” said Bruce Robertson, a Shady Grove Adventist Hospitak board member and managing director at venture capitaplfirm , who also lives in that area. But such a scienc city “then feeds on It becomes a destinatio forbiotech companies.
”
The department will recommend this week that the Plannintg Board revampGaithersburg West’s masterf plan to incorporate 20 million square feet of commerciapl space and 8,000 homes and accommodatd 60,000 jobs. This would be a significantr boost for theroughlt 700-acre area creating a self-contained life sciences hub where scientistsz can live, walk, work, eat, shop and Today, the area holds 6.9 million square feet of commercia space, 3,300 homes and 21,20o0 jobs, and the original 1990 master plan had rampe that up to nearly 13 million commercial squaree feet, 3,800 homes and 38,000 jobs.
Neighborhood groups have protestedc the expansion plans and their potential for creatinbg trafficand congestion, asking county plannerss to not stray from the 1990 masterf plan figures. But supporters of the expansionb plans say such aresearcgh campus, in this case anchored by , and and its Belwarr Research Campus, is necessary to compete with othed burgeoning life science centers around the “We’re thinking big, and we’re thinking of a real changde in identity for the said Elaine Amir, executive director of Johns Hopkins University Montgomeruy County. “We’re looking to get noticede by the world.
” Planners envision a five-district researcu community connected bybike trails, walkways and three stopz on the planned Corridor Citie Transitway to neighboring communities and the Shady Grove Metro Station. The proposal calls for the highest a minimum of 60 feet and up to 143 feet to be placed next to thosseCCT stops. It would move the county’as Public Service Training Academy from itscurrent 52-acre locatiob next to the Rockville incubator, and replacee it with a 2,000-unit residential community. And it wouldc build out JHU’s 107-acre Belwarsd property, a former farm deeded to the university foracademic purposes.
By the end of last year, the universityh had proposed building 4.6 million to 6.5 million squares feet of research, medical and academic developmeng onthe plot, creating 13,000 to 17,000 jobs. Nearby residentse had asked JHU to halvrethose plans. The university said the Planning Departmeny master planlowers Belward’s proposed density leveles to less than that of JHU’sz current campus in Rockville. It increases the bufferw around the development and requires JHU preservr 10to 12, rather than seven, acres for green space. “It’s not goinbg to be a farm,” Amir “But it’s not going to be the plan we had in 1996 that was filled withparking lots.
” While the proposal is not likelyh to comfort opposing residents, biotech industry insiders say a lack of such a centralizedc life sciences complex has held the local market “We’re really spread out, and there’s really nevetr been this sense of community within the sector. We all go our separatwe ways,” said Bruce Robertson, a Shady Grove Adventist Hospitak board member and managing director at venture capitaplfirm , who also lives in that area. But such a scienc city “then feeds on It becomes a destinatio forbiotech companies.
”
Saturday, October 6, 2012
Friday, October 5, 2012
Australia's Manta Rays: Life In The Great Barrier Reef - Huffington Post
sucujovide.wordpress.com
Newsport Daily | Australia's Manta Rays: Life In The Great Barrier Reef Huffington Post The daily routines of manta rays in the Great Barrier Reef of Australia have been exposed in a new study that reveals when these graceful fish eat, cruise and visit "cleaning stations" where sm » |
Wednesday, October 3, 2012
Area hotels could see decline in revenue in 2009 - Business First of Columbus:
ignatiywulyxura.blogspot.com
percent decline in revenue per available room this year compare dto last, according to Atlanta-based , a nationall management consulting firm specializing in the lodging industry. This decline is greater than the 17.5 percent drop in RevPAR forecast for theoverall U.S. hotelo industry in PKF’s recentlh released June 2009 HotelHorizon report. “In 2009, San Antonio hotels are projected to achieve an occupanc y levelof 56.7 percent, down from the 65.2 percenyt mark achieved in 2008,” says Randyu McCaslin in the Houstoj office of PKF Consulting. “Given the increases in the competitive nature of the local market, average daily room ratese are expected to fall from $110.
19 in 2008 to $98.74 in 2009, a decline of 10.4 percent.” The declinew in the average occupancy rate for San Antonio hotel is due to the combination of a 5.5 percent fall off in the demane for lodging accommodations, exacerbated by an 8.7 percenf increase in the supply of new hotelp rooms, the PKF report states. Unfortunately for loca l area hoteliers, revenue per available room is not expected to achieved sustained growth until the third quarterof 2010, the report Until then, market conditions are favorabler for travelers, but troublesome for owners and The June 2009 Hotel Horizons forecast report for San Antonio is available at www.hotelhorizons.com.
percent decline in revenue per available room this year compare dto last, according to Atlanta-based , a nationall management consulting firm specializing in the lodging industry. This decline is greater than the 17.5 percent drop in RevPAR forecast for theoverall U.S. hotelo industry in PKF’s recentlh released June 2009 HotelHorizon report. “In 2009, San Antonio hotels are projected to achieve an occupanc y levelof 56.7 percent, down from the 65.2 percenyt mark achieved in 2008,” says Randyu McCaslin in the Houstoj office of PKF Consulting. “Given the increases in the competitive nature of the local market, average daily room ratese are expected to fall from $110.
19 in 2008 to $98.74 in 2009, a decline of 10.4 percent.” The declinew in the average occupancy rate for San Antonio hotel is due to the combination of a 5.5 percent fall off in the demane for lodging accommodations, exacerbated by an 8.7 percenf increase in the supply of new hotelp rooms, the PKF report states. Unfortunately for loca l area hoteliers, revenue per available room is not expected to achieved sustained growth until the third quarterof 2010, the report Until then, market conditions are favorabler for travelers, but troublesome for owners and The June 2009 Hotel Horizons forecast report for San Antonio is available at www.hotelhorizons.com.
Tuesday, October 2, 2012
AGCO hurt by decreased global demand - Atlanta Business Chronicle:
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The Duluth, Ga.-based agricultura equipment company posted net incomeof $34.3 million and earnings of 36 centsd a share, compared with net incomes of $58.8 million and earnings of 59 cents a First-quarter sales were down 11 percent to $1.6 billion. “Demans for agricultural equipment is weakening in all the major worls markets as the global economic turmoilk and constrained credit markets begin to impact our saidMartin Richenhagen, AGCO chairman, president and CEO, in an earnings statement.
“In the firsf quarter, the credit-challenged marketzs of Eastern Europe and Russia experiencefdsignificant declines, while industry demand continues to eroded in South America where dry weather conditiond and credit availability are Despite the disruption in the general farm fundamentals remain strong, and we continue to be optimistixc about long-term world grain demans and the future growth prospects for our Richenhagen said AGCO AG) is cutting costs, reducing productionh and trimming its investmenr in working capital. The largest impacts from productioj cuts and working capital reduction initiatives are expectedd to be incurred in thesecone quarter.
The Duluth, Ga.-based agricultura equipment company posted net incomeof $34.3 million and earnings of 36 centsd a share, compared with net incomes of $58.8 million and earnings of 59 cents a First-quarter sales were down 11 percent to $1.6 billion. “Demans for agricultural equipment is weakening in all the major worls markets as the global economic turmoilk and constrained credit markets begin to impact our saidMartin Richenhagen, AGCO chairman, president and CEO, in an earnings statement.
“In the firsf quarter, the credit-challenged marketzs of Eastern Europe and Russia experiencefdsignificant declines, while industry demand continues to eroded in South America where dry weather conditiond and credit availability are Despite the disruption in the general farm fundamentals remain strong, and we continue to be optimistixc about long-term world grain demans and the future growth prospects for our Richenhagen said AGCO AG) is cutting costs, reducing productionh and trimming its investmenr in working capital. The largest impacts from productioj cuts and working capital reduction initiatives are expectedd to be incurred in thesecone quarter.
Monday, October 1, 2012
Crescent Resources files Chapter 11 - Nashville Business Journal:
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The Charlotte-based development firm’s chief executive, Arthur has retired and will work with Crescent in an advisory thecompany says. Andrew Hede, Crescent’s chief restructuring has beennamed CEO. “We have been in activr discussions with our lenders and other stakeholders as we work towards an agreemen t that will bring our capital structure in line with the currenteconomic environment,” Hede says. Crescent has more than 5,000 according to its filing. Its assetes are estimated at morethan $1 billion. The locaol projects listed in the Chapter 11 filing include Piedmontf Row and The Sanctuary atLake Wylie.
Crescentr says it intends to operats its continuing businesses without any significant interruption durinyg therestructuring process. The company says that’s possible becausd of a recentlyobtained debtor-in-possessiohn financing facility of $110 million from a group of its existing lenders. As part of the Chaptef 11 filing, Crescent says it seeks court approval “to make certain payments and to maintain key agreementdwith employees, customers, vendorz and partners of continuing operationa to ensure the company can maintainb its commitment to delivering a high level of amenities and services.
” Crescent says the filing is necessary to reorganize its reduce its debt level and improve its capital structure. “We intend to reach an agreement on our new capital structure and emerge frombankruptcgy quickly,” Hede says. The Chapter 11 petitionss were filed inthe U.S. Bankruptc y Court in the Western Districtof Texas, Austi n division. The company has 120 days from the filinf date to submit areorganization plan. A hot line has been set up as part of the Crescent restructuringat (877) 204-8611. Attorneyh Eric Taube of LLP in Austin, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co.
, and are among Crescent’z largest unsecured creditors in Charlotte. In the Charlotte Business Journal reported that Crescent had adoptedr an aggressive new business strategy driven bya $1.2 billioj term loan that must be paid in full by Septembedr 2012 — selling assets at fire-sale In October, Crescent sold 4,500 acres in Berkeleyu County, S.C., to for $40 In December, the company sold a Florida apartment project for $11.35 million, less than half the $27 million it paid for the compled three years earlier. This year, the firm has closed on the sale ofa 773-acre tract of land in Oconee County, S.C., for just over $10 Locally, Crescent recently sold 18.
4 acres in Fort Mill to a warehousinb company for $1.6 million. The companu — jointly owned by and — is best knownb here for high-end real estate communities such as The Peninsula and BallantynedCountry Club. Before the Chapter 11 Crescent faced paymentsof $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its
The Charlotte-based development firm’s chief executive, Arthur has retired and will work with Crescent in an advisory thecompany says. Andrew Hede, Crescent’s chief restructuring has beennamed CEO. “We have been in activr discussions with our lenders and other stakeholders as we work towards an agreemen t that will bring our capital structure in line with the currenteconomic environment,” Hede says. Crescent has more than 5,000 according to its filing. Its assetes are estimated at morethan $1 billion. The locaol projects listed in the Chapter 11 filing include Piedmontf Row and The Sanctuary atLake Wylie.
Crescentr says it intends to operats its continuing businesses without any significant interruption durinyg therestructuring process. The company says that’s possible becausd of a recentlyobtained debtor-in-possessiohn financing facility of $110 million from a group of its existing lenders. As part of the Chaptef 11 filing, Crescent says it seeks court approval “to make certain payments and to maintain key agreementdwith employees, customers, vendorz and partners of continuing operationa to ensure the company can maintainb its commitment to delivering a high level of amenities and services.
” Crescent says the filing is necessary to reorganize its reduce its debt level and improve its capital structure. “We intend to reach an agreement on our new capital structure and emerge frombankruptcgy quickly,” Hede says. The Chapter 11 petitionss were filed inthe U.S. Bankruptc y Court in the Western Districtof Texas, Austi n division. The company has 120 days from the filinf date to submit areorganization plan. A hot line has been set up as part of the Crescent restructuringat (877) 204-8611. Attorneyh Eric Taube of LLP in Austin, will represent Crescent in the (NYSE:BAC), , Ranger Construction Co.
, and are among Crescent’z largest unsecured creditors in Charlotte. In the Charlotte Business Journal reported that Crescent had adoptedr an aggressive new business strategy driven bya $1.2 billioj term loan that must be paid in full by Septembedr 2012 — selling assets at fire-sale In October, Crescent sold 4,500 acres in Berkeleyu County, S.C., to for $40 In December, the company sold a Florida apartment project for $11.35 million, less than half the $27 million it paid for the compled three years earlier. This year, the firm has closed on the sale ofa 773-acre tract of land in Oconee County, S.C., for just over $10 Locally, Crescent recently sold 18.
4 acres in Fort Mill to a warehousinb company for $1.6 million. The companu — jointly owned by and — is best knownb here for high-end real estate communities such as The Peninsula and BallantynedCountry Club. Before the Chapter 11 Crescent faced paymentsof $50 million by the end of this $75 million in 2010 and $100 million in 2011 on its
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