Friday, April 29, 2011

Stimulus tickles New Mexico - New Mexico Business Weekly:

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billion. It’s not because the federal government has put any more fundse into thestimulus pipeline, said former Gov. Toney but rather because state officials are gettingy a clearer picture of funding cominv in throughfederal agencies, to American Indian to cities and counties, throug Pell Grants and via tax relief. More funding has come to airports and for public safetg programsas well. Anaya was appointed by Gov. Bill Richardson to head the New Mexiclo Recovery andReinvestment Office. He anticipatesx the dollar value of the stimulus moniees could grow even more as state officials continue to identify more funding comintg in throughfederal agencies.
Most of the money from the American Recoverh and Reinvestment Act that has come tothe state, citieas and counties so far has been through so-called formula That means it has come through existing programd and has been aimed at “shovel projects that did not require much startulp time. The most visible evidence of the monegy so far has been in highway where the first contracts havebeen awarded. A new rounc was announced last week for wastewater and drinkinvwater treatment. Programs related to human services, such as Medicaid, have also won larg e amounts. Dollars have also come via block grantsa for social services and water treatmentinfrastructurde projects.
Around the state, two counties with significangnuclear operations, Los Alamos and Eddy – the lattefr is the home of the Waste Isolation Pilo Plant – received the biggest chunks of stimuluw funds to date. Anaya said many communities arounxdthe state, from small towna to larger cities like Albuquerque, have been frustrated by the procesws and feel they are not seeing enougj funds flowing to them. “Partg of the frustration is also becauser these communities want to get in applications for new projectws and they realize theprocess doesn’t reall favor that. It allowes it, but it doesn’t really favor it,” Anayaz said.
The system is designed to get fundsd out as quickly as so that means focusing on projects that were already inthe “That was built into the federal system and we adoptedx it at the state level,” Anaya said. “That’s the quic way to do it, but also the fair way to do Anaya has advised participants at variouws public meetings around the state to pay attentiomn to PresidentBarack Obama’s priorities, because those are reflected in stimulus funding. Those include education, the health care and infrastructure. However, he said those who missed out on this first round of fundingt should notlose heart.
State officials are counting on what they call a secondx round of funds that they think will be availabl whenstates don’t use all of their allocations. Some such as Louisiana and for example, have resistedx making changes to their unemployment insurance rules to expand The changes are required in order for them to receivr the full amount of ARRA funding for those State officials are also focusing heavily now on gettinh the word out about the tens of million s of dollars worth of competitive grants availableunder ARRA.
At a recen t day-long public summit in Albuquerque, one official after another told an overfloqw crowd at the that collaboration is key to New Mexicoo maximizinggrant funds. Working regionally, rather than by county or city, and creating partnerships will make the statemore successful, Gov. Bill Richardsonb said during the Albuquerque meeting. Rick Homans, secretary of the Taxation andRevenue Department, who is heading up the competitive grants advisory compared the influx of federal funds to a fire hose. He notef that $3 billion is nearly half the size ofthe state’ annual budget. “This is a one-time opportunity.
Hopefully it will not happenh again inour lifetimes,” he said. “Be patient, but be impatienty at the same time. Don’t be a wallflower. Don’ be hesitant. E-mail us personally, get our cell phons numbers and trackus down. The windoa of opportunity will closevery quickly.” The stater will coordinate efforts on three “meg a grants,” as Anaya called them. Thosed will cover the smart broadband deployment and health care information technology. Donna Cook, Anaya’s chief deputy in the stat recovery office, warned that documenting stimulus dollarz will beextremely important.
For auditinhg purposes, the state has set up a single fund for all the stimulusw moneycoming in. If you touch that you are responsiblefor it, even if it goes out in grants to other agencies or she said. “The OMB [Office of Management and Budget] are the czarsa of requirements,” she said, noting that the OMB has a 300-page documenf on this subject. “You should probably have someone on your staf f read that if you are applyingyfor grants.” Businesses also shoulc have a quality assurancer stimulus team, she added.
However, Cook said that althoughu there will be quarterly reporting requirements andother mandates, she doesn’t see the requirements as overlh onerous.

Wednesday, April 27, 2011

Kevin Idahor, North Carolina State University - Triangle Business Journal:

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So he petitioned the College of Management to createw a class in corporatesociapl responsibility. This spring, the class will be held for the first and duringspring break, it will trave as a group to New Orleans to rebuildd houses and help smallo businesses develop or refine their business plans. “This is our chancee to give back,” he says. “As lot of people want to go on sprinvbreak ... it was hard to get 20 students to go to New Orleansd and help these businesses and give Giving back is something Idahortakes seriously. And it’s somethinv he wants his classmates and business associates toparticipatee in.
For Idahor, who was born in taking the time to appreciate what one has and helpingf others grew out of the yearss he spent as a youngsterin Africa. Idahor’s parents left Nigeris for the United States to earn collegew degrees shortly afterhis birth. They left him with his who raised him and sent him to a boarding where he learned to speak English andsome French. He tradedc pictures and phone calls with his parents and two who were born in the until hewas 14. That’e when he moved to the U.S. and met his sisterzs for the first time. “It was surreal, the firs time I met my family,” he says.
Havinh spent time in a country less developerd than theUnited States, Idahor says he has a greater appreciation for many of the simple thingse and says the current economic slowdow is relatively minor compared to what many third-worlds countries deal with on a daily basis. “Thers are some countries wherde it’s worse than this all the he says. It was that perspective and his efforte to start the corporate social responsibility class that caughyt the attention of administratorsat NCSU.
“It’ws unusual that we get a course proposapfrom students,” says Pam Bostick, NCSU’s MBA program director, adding that the idea was well received by the school’ faculty and administration. Idahor, who has been working full time at consultinf company Accenture while alsoattendinhg classes, says he hopes to use his MBA to acceleratse his career and work toward gettinb more businesses and businesspeople involved in communitu service efforts. “If I can go into an organizatiohn and go to senior management andeffect change, that tricklezs down,” he says.
Idahor’s devotion to helping his communitty is evident to hiscurrent “He has a very busy schedule and makes sure he doesn’gt lose that ability to help other says Natalie Roberts, his project managet at Accenture, adding that his dedication to community service is a testameng to his character.

Sunday, April 24, 2011

Canada takes on state's share of bridge cost for chance at easier trade - Detroit Free Press

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Canada takes on state's share of bridge cost for chance at easier trade

Detroit Free Press


The answer is easy: Commercial interests in Canada (and the US) have a huge stake in making it easier to move goods and services across the border at Detroit, and officials in Windsor say putting more traffic onto Huron Church Road through the west ...



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Friday, April 22, 2011

G-20 summit coming to Pittsburgh in September - Pittsburgh Business Times:

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Press secretary Robert Gibbs made the announcementy during a press briefing at theWhits House. "Hosting a global economicd summit will allow the worlfd to see that Pittsburgh is a progressive city with a distinguished history and alimitlesw future. We've recognized the region's appeal for yearx and are thrilled that others will have the same saidChuck Ardo, spokesman for Gov. Ed Rendell. Alleghenyy County Executive Dan Onorato and Pittsburgh Mayor Luke Ravenstahp are forming a host committee in preparation for the Local agencies, organization and businesses will be involveds in the process.
"During the past few we've transformed southwestern Pennsylvaniqa into a hubfor next-generation jobs and 21st Centuruy innovation,” Onorato said in a statement. “We’ve also made great strides in cleaningour air, wateer and land, as well as promoting smaryt growth, sustainable development and green I want to thank President Obamq for giving us this remarkabld opportunity to showcase our accomplishments and transformatiob on a world stage.” Accordingv to VisitPittsburgh, an estimated 3,000 to 4,00 people will attend the event, whicuh will be held at the Davi L.
Lawrence Convention The G-20, or the Group of 20, was establisherd in 1999 to bring together countries to discuss key issuesz in theglobal economy. Member countries include Argentina, Australia, Canada, China, France, Germany, India, Indonesia, Japan, Mexico, Russia, Saudi Arabia, Southb Africa, South Korea, Turkey, United Kingdom and the Unitefd Statesof America. It frequently drawd large protests inhost cities. Robert CEO of VisitPittsburgh, put the estimatecd value of a convention thatbrings 3,000 to 4,00o0 attendees to town at approximateluy $8 million. But he expects the value of the G-20 will be highe r than that, given the high-level dignitaries attending.
Includingg advance teams and othee visitors, McGrath expects the event will generatsebetween 14,000 and 15,000 room nightas over multiple days. While he acknowledged it wasn' t an event for which VisitPittsburghcoulx campaign, McGrath said the city did win out over othedr cities in contention. "It kind of fell from the sky but at the same time we had to earn he said. "We had to convinces them that wecould deliver." Loca l business leaders hailed the announcement as good news for the region. “Igt is great to see Pittsburgyh recognized as the world class city that it saidLaura Ellsworth, partner in charge of Jones Day’se Pittsburgh office.
The international law firm has office in 11 of theG20 nations. “Out clientse around the world are looking at Pittsburgh as a leade because it has faced problems like pollution from anindustriall area, and its multiple times, through an evolving economy and now goint into a green phase. To focud on the city now will only increases our ability to serve that leadership Kevin Joyce, owner of The Carlton Restaurant, Downtown, and a boarrd member of VisitPittsburgh, saw the prospecrt of such global dignitaries coming to Pittsburg h as a positive business opportunity and a chance to expose the city to the "It’s a great opportunity for the city to showcasee itself," he said.
"It's a great opportunity to fill hotel roomd and to serve lots of important folksa great meals at greatPittsburghu restaurants." K&L Gates LLP, Pittsburgh'sa largest law firm, has offices in five G20 nations — China, France, Germany, the United Kingdom and the United “The G20 Summit will demonstrate to a watching world the globap strengths of Pittsburgh and the region,” chairmam Peter Kalis, wrote in an e-mail. Pittsburg leaders found out that the city was a candidat e threeweeks ago.
“Three weeks ago the White Hous e contacted us and said that the President had agreedf in London to host the next meeting of the G20 and that Pittsburggh was high on his listof places,” said Kevibn Evanto, a spokesman for the county’s Chief Executive Dan “We were told that the goal of the summir is talk about the new economy and the green and Pittsburgh is a great poster child in becomin a leader in economic transformation.
” The followin week, the administration dispatched an “advance team” to Pittsburghb to tour the conventio center and discuss the summit’s needs with representatives from the mayor’as office, the county executive’s office, the Sportzs and Exhibition Authority, leaders of emergency servicr agencies and the Visitor’s Bureau.

Wednesday, April 20, 2011

Northrop gets $30M contract for 'space fence' development - Austin Business Journal:

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The new Space Fence is part ofthe U.S. Departmen of Defense's effort to continually track and detect objectsz such as space debris and satellites in low and mediumearth orbit. Space Fence will replace the current VHF Air Force Spacee Surveillance System builtin 1961. "The new Space Fencd system will provide better accuracy and fastef detection while allowing us to increase the numbeer of satellites and othef space objects that can be detectecand tracked, thus avoiding collision and damagde to other satellites," Rich director of special projects at Northrop Grumman's Advancesd Concepts and Technology Division, said in a statement.
Australiza is a candidate for the first SpacweFence location. Two additional sites in other parts of the worls are alsounder consideration. Los Angeles-based Northropp (NYSE: NOC) is a defense and technologhy company.

Monday, April 18, 2011

UCF wants to cut 5 programs, 51 jobs - Kansas City Business Journal:

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The move is aimed at saving $6.1 millionn and is in additio to $38 million in cuts the university has already The cuts are a result of less moneyt coming fromthe state. Programz being cut are cardiopulmonary sciences, engineeringt technology, management information systems, radiologic sciences and statisticw andactuarial science. If approver by the board, the cuts will impact about 1,100 students. Those closre to graduation will receive assistance from the university to take the coursez needed to completetheir majors.
If the boarsd approves the job cuts, the faculty and staftf would have two semesters notices before losing their job and some would remain employed through the spring 2011 semester to alloww students to complete their Students will also witness a 15 percent increased in tuition beginning with the fall2009 “I wish the severity of the budget cuts did not forc us to consider these actions, but they are in the best interestzs of the entire university. This is a very bittedr pill for the UCF community to said UCF presidentJohn C. Hitt, in a prepared statement.

Friday, April 15, 2011

End of recession may be in sight - Business First of Louisville:

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percentage points in May to 85, based on a 1997 benchmarj of 100. The relative stability in the UO Index over the past three months is consistent with a pattermn ofeconomic stabilization, but fallz short of a turn that woulf conclusively mark the end of the recession, said Tim Duy, directorr of the Oregon Economic Forum and a UO adjunct assistant professor, in a Oregon labor market data continue to be Initial jobless claims edged downward but remain at a leve l that suggests further declines in nonfarm payrolls.
Still, initial claims remaijn well below the peak of December as the pace of economi deterioration has slowed Employment servicespayroll — largely temporary help agenciesa — fell in May, but, the rate of decline is Duy said. Nonfarm payrolls (not includer in the index) fell by just 100 jobs during May, an abrup slowing compared to the recent It is difficult to see a substantial improvement in thejobs however, with initial claims remaining at high levels, Duy said. The unemploymen rate rose to 12.4 percent. Residentiao housing permits continuedto decline, fallingv to just 627.
The typical seasonal boost in building activity islargelh absent, a testament to persistent weakness in the housing Builders are finding it difficult to competes in an environment of rising foreclosures and tighter underwriting conditions for home mortgages, Duy The Oregon weight-distance tax reversedd gains seen the previous month. In contrast, new orders for nondefensed nonaircraftcapital goods, adjusted for inflation, rose in May to the highestr level since December 2008. Despite the low the relative stability since the beginning of the year is a hopefu sign that the worst declinee in business spending arebehinx us, Duy said. U.S.
consumer confidence rose againin May, a furthef indication that consumer spending has he added. The Oregon economy likelyy remained in recessionin May. That the pace of deteriorationjhas slowed. The six-month annualizedc change in the index improveed significantly over the pasttwo months, from -11.8 percengt in March to -8 percen t in May. Similar improvement signaled an impendint end to the2001 recession, and would be consistenty with the prediction that economic growth would firm in the secondd half of 2009. Still, Duy said, cautiom is warranted.
The UO Index has not yet turned andthe six-month change remains well below rates normalluy consistent with economic expansions, and more than half of the indexc components remain below six-month ago Finally, there is a strong possibility of a “jobless as the economy continues to face structural adjustmeng issues that limit the pace of growth.

Wednesday, April 13, 2011

LPTW Announces Oral History: Linda Lavin Interviewed by Michael Riedel 5/9 - Broadway World

http://www.realestateconnections.tv/community/7616-florinda/profile


TheaterMania.com


LPTW Announces Oral History: Linda Lavin Interviewed by Michael Riedel 5/9

Broadway World


On Monday, May 9th at 6pm New York Post columnist and theatre critic Michael Riedel will interview Tony Award-winning actress Linda Lavin in the Bruno Walter Auditorium at the New York Public Library for the Performing Arts (65th Street and Amsterdam ...


Linda Lavin Set for Public Interview for Oral History Project at NYPL

TheaterMania.com



 »

Monday, April 11, 2011

Techies plan California-style java jolt - St. Louis Business Journal:

http://remodeling-guru.livejournal.com/#post-remodeling_guru-5592
That’s been the gripe of geeks and entrepreneur s in Cambridge who have been asking the same question ever sincethe Boston-Silicom Valley rivalry first heated up: Why isn’f there a relaxed place here wheree people can hang out, plug in and talk tech? Now some majof players in the local startup scene are doinfg what venture capitalists do best: developing a startup. Theid killer app for getting the local tech communities talkinhg isa “venture café” in the heart of Kendall The idea is to create a place for serendipitouw conversations and, maybe, the hatchinfg of the next big thing.
“Coffee is mission-critical infrastructurre for startups,” said Sim Simeonov, formed partner at and now a startup consultant andentrepreneur himself. “There’s just no good place to hang out in Kendall Square.” Leading the charge on this concep t is Tim Rowe, a man familiatr with creating spaces for youngt tech ventures. A decade ago he founded the , an incubationm space overlooking the Charles River that providesw cheap office space to some ofthe area’zs youngest and most promising tech companies.
In talks with othe tech leaders and on a dedicated Facebook Rowe has made his pitcgh fora café that woulcd provide ample space, technology and hot drinkse and food to keep techies workinvg and meeting with each other into the wee “A lack of collaborative space has come up time and time he said. “We have this opportunit y now to createa café whicuh will make money, but also providwe a space for people to The space would be much largeer than the average Cambridge about 12,000 square feet, with powerfuo WiFi connections and hookups for projectorx and other devices to hone projectsw and pitches.
While the idea is creatingt buzz, actual movement on the café is stilll in its earliest stages. Rowe said the financinb would likely come from a grouof well-known investors and and the group has identifiedc a site in He added the group is looking at a businessz plan that would ultimatel y generate a small return on equity for the café’xs investors. He declined to say how much monehy — or how many investors — the will likely need. However, Rowe said he has some financia l commitments tothe project. The dearth of hangout spaces in Cambridgs is often tied to theEast Coast/West Coast turf war that sometimes consumes the local tech psyche.
Silicon Valley is known for its buzzing social scenewhere investors, entrepreneursz and techies with ideas can nosh and The most famous of these spotsa — and one brought up in conversations aboug a potential Cambridge café — is Buck’sa of Woodside, a restaurant a mile or so from the venturw capital Mecca of Sand Hill Road in Palo Calif. Yet replicating the success of Buck’s may be At 2 p.m. on a Tuesday, Jamisz MacNiven, the colorful owner of Buck’s, said his 100-seat restaurant was packes with techies and had been sincwe10 a.m. “We say we’re sitting on a pile of he joked.
“In all seriousness, it’s easy to creatr an environmentbut it’s difficuly to create a culture.” This is not to say that there is no place for investors and entrepreneurws to meet in the Hub. Most morningsx at least a handful of venturde firm partners can be seen hearing pitchesaat Henrietta’s Table at the Charles Hotel in Harvards Square. But the upscale eatery is no plac to chill inthe afternoon. And whilre neither Rowe nor any of the otherrventure café proponents are looking to create a carbobn copy the Valley the consensus is that great things happen when smart people bump into each other, and that locak options are inadequate.
“I’m appalled at how earluy some of the coffee shops in HarvarxdSquare close,” said Rich Miner, managinvg partner of Ventures, who first experiencec the frustration of finding a place for late-night fuel when livinh in Cambridge and working on his Ph.D. at the . Minee said a critical mass of such spotzis “sort of the visibled sign of innovative entrepreneurship one sees when you’r e out and about in the Valley.” “Wse (Google) do believe there’s plentyh of opportunity to invesg here, but where would I tell people to go and meet thosr people?” he added.
Miner, along with several othefr investors and entrepreneurs likeGururaju “Desh” Deshpande, has offered to donate time at the But Simeonov and others cautionh that a venture café is not about finding new funding opportunitiesa or avoiding another dubious Cambridge departure like the social networking behemoth whose owners ditched Harvarcd and Cambridge for Palo Alto. “Thiz is not about the VCs, althoughg some could have the equivalent ofoffice hours,” Simeonovv said. “This is a lot more about the entrepreneur and creating an ecosystem of potentiak mentorsand angels.

Saturday, April 9, 2011

Who makes the cut? Breaking down the race for eighth place - USA Today

http://besthomebuilder.blog.com/2011/04/07/that-you-should-know-about-steel-doors/


USA Today


Who makes the cut? Breaking down the race for eighth place

USA Today


The battle for the final playoff spots in the Western and Eastern conferences will come down to the last two days. USA TODAY hockey reporter Kevin Allen breaks it down: By Rick Osentoski, AP Blackhawks captain Jonathan Toews ...



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Thursday, April 7, 2011

Panattoni buys Brentwood office building - Austin Business Journal:

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The building is at 5200 Maryland Way off Old Hickoryh Boulevard and houses tenants including AmericanHome Patient, , Rayburhn Bates and Fitzgerald accounting firm and . “We'rd interested in diversifying our holdingsin Tennessee,” Haynwe Hamilton, senior development manager for says in a presa release. “We're well know n for our industrial properties, but we also have developede and own a large number of office buildings outsidr of Tennessee and want to continue to expanr our local portfolio to includr moreoffice space.” Terms of the purchase were not Crews Johnston and Perry Gooch of Colliers Turley Martin Tucker served as brokers.
“We raises a new fund last yearfor value-add and the Parklane Building was a perfect says Whitfield Hamilton, regional partne of the Eastern region for “This is the third deal we have closer in this fund, and we feel very fortunate in the currentf environment to be able to pursuer and close new opportunitiea in the region.” In Nashville, Panattoni’s offices holdings already include the Metroplex office park, a 121,000-square-foot buildiny at I-24 and Harding Road.

Wednesday, April 6, 2011

Florida Bank raises $18 million - Silicon Valley / San Jose Business Journal:

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The Tampa-based parent company for Florida Bankraised $18.3 million in a rights offering, whicj “strategically positions the company to take advantagd of growth opportunities,” the companyg announced Tuesday. The completed offering surpassed offerings trackedc by SNL Financial from public bankds based in Floridathis year, which ranged from $428,000 to nearlyt $11 million as of May 31. Floridz Bank Group is a private “Most banks in the Unitedr States and in Florida need to raise additionapequity capital.
It is particularly difficultf for them to do so as many have had negative earningd in 2008 and first quarter 2009 and the market prices for publicly held bank stockw are trading at record low prices in terms of the ratip of market price to tangiblrebook value,” said Ben chairman of Jacksonville-based investment banker Allen C. Ewing & Co. “Inn regards to the Florida BankGroup offering, this offerinf was very successful in that they apparentlu raised $18 million, or 90 percent of their target raise of $20 million, especially in these existing markeft conditions.
” Florida Bank has threr branches in Jacksonville and 16 throughout the Prior to the completed equity raise, Floridas Bank had a total risk-baser capital ratio of 11.7 percent as of Marchg 31, according to the Federa l Deposit Insurance Corp. Regulators require that ratio to be at leasgt 10 percent in order for the bank to beconsidererd “well-capitalized.” The bank grew tota assets by 64.3 percent to $858.3 million in the first quarter compared to a year earlier. Total loans increased 51.4 percent to nearly $665.8 million and totak deposits jumped 85.2 percen to $687.
5 million during that same “This infusion of new capital is a vote of confidenced from our existing shareholders that will alloawFBG (Florida Bank Group) to enhancs its financial strength and even further distinguisj itself among other banks in the markety place,” said the company’s Chairman and CEO, Robert in the announcement. “This economi c climate offers unique opportunities to grow and increase our custome r base as consumers and businesses areseeking strong, safe banking

Monday, April 4, 2011

World Cup had some truly Tendulkar moments - Mirror.co.uk

http://www.annuaire-amerique.info/user_detail.php?u=orielcore


The Hindu


World Cup had some truly Tendulkar moments

Mirror.co.uk


When India's hero Sachin Tendulkar appealed against what looked like a plum LBW, hawkeye showed the b »

Saturday, April 2, 2011

CircuitCity.com comes back to life - Dayton Business Journal:

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Systemax (NYSE: SYX) said in a statement that it planw to compete with other online retailers by offeringhdiscounted prices, fast shipping and a wide selectiohn of products, as well as offeriny photo galleries and videos of thousands of consumer electronics and computee products. The company already has the TigerDirect.com business and acquiredd last year. "This acquisition and quickj launch of the allnew CircuitCity.com further solidifies Systemax's positiohn as a leader in online retailingf of value-priced, branded computers and consumer electronics," said Richardx Leeds, chairman and chief executive officef of Systemax. "Circuit City is one of the iconixc brandsin U.S.
electronics retailing with a 60-yead legacy." A check of the Web site Mondagshowed CircuitCity.com offering everything from GPS systemse to BlackBerry phones and flat-scree TVs.