uhetemejih.wordpress.com
Albuquerque-based Cinnafilm develops film andvideo post-productioh tools. The software ARRI will resell uses Cinnafilm’s videk processing engine, called Pixel Strings. The softwars suite has been renamedARRI Relativity. The companies have set an invitation-onlyg product launch event for June 2 in the LosAngelea area. In a news release, privately held Cinnafilmn described the deal asa multimillion-dollar” agreement. The company will provider ARRI with technical support and upgrades to the while continuing to pursue independent researchand development.
“Ourf agreement with ARRI is the culmination of over six years of hard work and dedication by a small group ofexceptional people, and we’rre honored to partner with an industr leader,” said Cinnafilm CEO Lance Germany-based ARRI’s history dates back to 1917. The compan y is involved in all aspects of the film from manufacturing, production and visuakl effects to post-production, equipment rental and film and sound laboratory Its products include camera studio lighting fixtures and digital imaging
Monday, November 28, 2011
Saturday, November 26, 2011
Ky. video-gaming bill dies in Senate committee - Philadelphia Business Journal:
iwyqaxewun.wordpress.com
The Senate Appropriations Revenue onMonday evening, voted 10-5 against the with two members according to the Lexington Herald-Leader. The Housre had previously passedthe bill. The legislationh would have permitted video-lottery terminals at Kentuckhyhorse tracks, including Turfway Park in Florence. "Thew limited gaming proposal was designed to help save a signaturwe industry inperil – an industry that meanz 100,000 jobs and $4 billion in investmenft for our state," said Gov.
Steve Beshear in a Monday evening "It is unfortunate that everu voice on this critically important issu was not heard and every vote not At a Frankfort press Turfway Park President Bob Elliston said Turfway coulds close by 2010 if Ohio passed gaming legislation and Kentuckydoes not. Ohio Gov. Ted Stricklanx recently reversed his stance againsty gamblingat racetracks.
The Senate Appropriations Revenue onMonday evening, voted 10-5 against the with two members according to the Lexington Herald-Leader. The Housre had previously passedthe bill. The legislationh would have permitted video-lottery terminals at Kentuckhyhorse tracks, including Turfway Park in Florence. "Thew limited gaming proposal was designed to help save a signaturwe industry inperil – an industry that meanz 100,000 jobs and $4 billion in investmenft for our state," said Gov.
Steve Beshear in a Monday evening "It is unfortunate that everu voice on this critically important issu was not heard and every vote not At a Frankfort press Turfway Park President Bob Elliston said Turfway coulds close by 2010 if Ohio passed gaming legislation and Kentuckydoes not. Ohio Gov. Ted Stricklanx recently reversed his stance againsty gamblingat racetracks.
Thursday, November 24, 2011
Changing with the tech times - Baltimore Business Journal:
http://electronique-concept.com/index.php/realisations/carte-electronique-fpga.html
A tour of the pair' s computer museum is evidence of how much and for how longthe co-founderzs of Hunt Valley-based have been making a living by working with computers. And just like computers have continuallyevolved -- from the giantr vacuum tube-powered machines to slender laptops -- Roswell and Weinstein have kept theid company on a path of constan t change. "When we see a good idea, we go aftef it," Roswell said.
System Source -- in one form or anothetr -- has been quietly growing for more than 20 Originally founded as a computerreselling franchise, the company is now a multifaceted training and development firm that employs 160 peoplee in Hunt Valley, Baltimore City and Since its humble beginnings in 1981 as a Computedr Land retail store at the corner of York Road and Seminar Avenue, the company has remained true to its original mission of sellingb computers while constantly moving into new area s of technology. "Computers were a hobby for so many saidDonald McPherson, a technology researcher and authorf based in Seattle.
"Folks who recognizedd the important role computers were goingy to play in business and home life usuallyg gotinto business. At least, they did if they were Selling computers is paying off for SystemSource ( ). The firm recordedr $41.6 million in sales of computerzin 2001, according to the That's a long way from the $20,0090 a month the companyu sold when it opened. But even smartg people who started selling computers in the 1980w went bust or left theindustry -- for better or Roswell and Weinstein recognizexd that merely selling machines to early adopters wasn't goiny to fund their So the two childhood friends -- they met in N.J.
-- began traininy customers on the hardware and softwarre the companysold them. That training aspecty of the business grew into one ofSystek Source's top divisions by the mid-1990s and, although it has slowedr a bit because of the overalol economy, it continues to be a steady source of Roswell said. The expansion of services didn't stop with Along with teaching the latest computer skillsx inits classrooms, System Source rents offers consulting services, provides engineering and technical supporrt staff for companies and even builds customizedd audio and video presentation systems for corporate boardx rooms.
With all these differentg areas, some of its customersx and even itscompetitors aren' t sure exactly what Syste Source does. "We know they are out there," said Bill vice president of business development with SystemesAlliance Inc., a Sparks-based tech firm. "Exactly what areaa they are concentrating on now is not so That doesn't bother company officials. They are perfectl content withbeing misunderstood, because they wear several hats. For example, System Source has been developingy Web sites for as long as most of its local but the Internetservices division'sz big push came after the dot-cokm bubble burst.
While many Web firms are branchingg out into otherareas -- or goint out of business -- Syste m Source is landing some of its biggest A notable one is a project for Baltimore's a subsidiary of New York-based CitiGroup Inc. Officialsa with both firms declinefd to say how much the deal is but System Source has a half dozen or so peoples dedicated toCitiFinancial work. The CitiFinancialk contract is a good example of how Systemn Source isstill changing. The firm's work started with Web developmeny services and has turned into software and databasd work that deals heavily withsecuritu issues.
And even though the companty hasgrown exponentially, its founderws haven't forgotten their York Road roots. "Forf a homegrown technology company to grow and prospere is great forthe county," said Frondaa Cohen, spokeswoman for the Baltimore County Departmen t of Economic Development.
A tour of the pair' s computer museum is evidence of how much and for how longthe co-founderzs of Hunt Valley-based have been making a living by working with computers. And just like computers have continuallyevolved -- from the giantr vacuum tube-powered machines to slender laptops -- Roswell and Weinstein have kept theid company on a path of constan t change. "When we see a good idea, we go aftef it," Roswell said.
System Source -- in one form or anothetr -- has been quietly growing for more than 20 Originally founded as a computerreselling franchise, the company is now a multifaceted training and development firm that employs 160 peoplee in Hunt Valley, Baltimore City and Since its humble beginnings in 1981 as a Computedr Land retail store at the corner of York Road and Seminar Avenue, the company has remained true to its original mission of sellingb computers while constantly moving into new area s of technology. "Computers were a hobby for so many saidDonald McPherson, a technology researcher and authorf based in Seattle.
"Folks who recognizedd the important role computers were goingy to play in business and home life usuallyg gotinto business. At least, they did if they were Selling computers is paying off for SystemSource ( ). The firm recordedr $41.6 million in sales of computerzin 2001, according to the That's a long way from the $20,0090 a month the companyu sold when it opened. But even smartg people who started selling computers in the 1980w went bust or left theindustry -- for better or Roswell and Weinstein recognizexd that merely selling machines to early adopters wasn't goiny to fund their So the two childhood friends -- they met in N.J.
-- began traininy customers on the hardware and softwarre the companysold them. That training aspecty of the business grew into one ofSystek Source's top divisions by the mid-1990s and, although it has slowedr a bit because of the overalol economy, it continues to be a steady source of Roswell said. The expansion of services didn't stop with Along with teaching the latest computer skillsx inits classrooms, System Source rents offers consulting services, provides engineering and technical supporrt staff for companies and even builds customizedd audio and video presentation systems for corporate boardx rooms.
With all these differentg areas, some of its customersx and even itscompetitors aren' t sure exactly what Syste Source does. "We know they are out there," said Bill vice president of business development with SystemesAlliance Inc., a Sparks-based tech firm. "Exactly what areaa they are concentrating on now is not so That doesn't bother company officials. They are perfectl content withbeing misunderstood, because they wear several hats. For example, System Source has been developingy Web sites for as long as most of its local but the Internetservices division'sz big push came after the dot-cokm bubble burst.
While many Web firms are branchingg out into otherareas -- or goint out of business -- Syste m Source is landing some of its biggest A notable one is a project for Baltimore's a subsidiary of New York-based CitiGroup Inc. Officialsa with both firms declinefd to say how much the deal is but System Source has a half dozen or so peoples dedicated toCitiFinancial work. The CitiFinancialk contract is a good example of how Systemn Source isstill changing. The firm's work started with Web developmeny services and has turned into software and databasd work that deals heavily withsecuritu issues.
And even though the companty hasgrown exponentially, its founderws haven't forgotten their York Road roots. "Forf a homegrown technology company to grow and prospere is great forthe county," said Frondaa Cohen, spokeswoman for the Baltimore County Departmen t of Economic Development.
Tuesday, November 22, 2011
Office condo segment of Two Liberty Place put up for sale - Philadelphia Business Journal:
mastering-input.blogspot.com
of Miami and an unnamed institutionapl investor retained to market the property as a way to bring in anothefr equity partner inthe skyscraper'd office space. The space, demarcated as an officse condominium, totals 933,548 square feet in floorx threethrough 36. The upper portion of the 57-storyg building has been converted into residential condos and is not part of thispotential transaction. What percentage of the office building the current ownerds are seeking tosell couldn't be determined. Eastdil has a policy not to publicly comment and an executivrat America's Capital couldn't be reached for comment. The buildingv is 98.
1 percent leased up with just 8 percent of the leasesa expiring in the nextfive years, according to a marketing brochures put out by Eastdil. Some of Two Liberty's tenants include , law firm Buchanan Ingersoll andUnisys "The property offers an investod the rare opportunity to invest in an iconicv office tower in Philadelphia's prestigious Market West submarkeyt at substantially below replacementr cost," said EastDil's marketing materials. America'ss Capital bought the building in 2005for $151 If the entire office condominium were to it could fetch somewhere in the area of $200 million, according to one At the time, roughly 800,0009 square feet of the 1.
2 million-square-foot building was vacant after Ace Ltd. left for 436 Walnu t St. and Cigna renewed in the building but in less What to do with the space prompted the new ownerf to considerits options. At the a hot residential cond o market and lesser office market convinced the owners to conver t the upper floors from 37to 57, or roughly 300,000 square feet, into luxury condos. Now the markets have The downtown office markeyis tight, especially at the top trophy and overall residential condo activity has
of Miami and an unnamed institutionapl investor retained to market the property as a way to bring in anothefr equity partner inthe skyscraper'd office space. The space, demarcated as an officse condominium, totals 933,548 square feet in floorx threethrough 36. The upper portion of the 57-storyg building has been converted into residential condos and is not part of thispotential transaction. What percentage of the office building the current ownerds are seeking tosell couldn't be determined. Eastdil has a policy not to publicly comment and an executivrat America's Capital couldn't be reached for comment. The buildingv is 98.
1 percent leased up with just 8 percent of the leasesa expiring in the nextfive years, according to a marketing brochures put out by Eastdil. Some of Two Liberty's tenants include , law firm Buchanan Ingersoll andUnisys "The property offers an investod the rare opportunity to invest in an iconicv office tower in Philadelphia's prestigious Market West submarkeyt at substantially below replacementr cost," said EastDil's marketing materials. America'ss Capital bought the building in 2005for $151 If the entire office condominium were to it could fetch somewhere in the area of $200 million, according to one At the time, roughly 800,0009 square feet of the 1.
2 million-square-foot building was vacant after Ace Ltd. left for 436 Walnu t St. and Cigna renewed in the building but in less What to do with the space prompted the new ownerf to considerits options. At the a hot residential cond o market and lesser office market convinced the owners to conver t the upper floors from 37to 57, or roughly 300,000 square feet, into luxury condos. Now the markets have The downtown office markeyis tight, especially at the top trophy and overall residential condo activity has
Sunday, November 20, 2011
Most Eddie Bauer stores to stay open - Minneapolis / St. Paul Business Journal:
vidineevostegity.blogspot.com
The company announced that it strucjk an agreement withNew York–based private equitt firm LLC to buy Eddide Bauer’s assets, subject to an auctiomn and bankruptcy court approval. CCMP Capital intends to operatse the business as a goingb concern with little orno long-term debt. According to Eddie Bauer, CCMP Capital has agreexd to keep a majority of the 371 stores open and retain a majorityh ofthe employees. CCMP Capital specializeds in buyouts and lookd for investment opportunities in retail andothef sectors, and have made investments in the outdoors specialtg retailer Cabela’s, which sells hunting, fishing and campinv gear.
Eddie Bauer said it hopesx to operate business as usual during bankruptcuy court proceedings and has asked for court approval to continue paying vendorsand workers. The company also said it intendse to honor customergift cards, returnds and loyalty program points. The compant also announced that it has secured a commitment from its existing revolvingcredit lenders, Bank of America, N.A., and /Businesse Credit, Inc. for so-called debtor-in-possessio n (DIP) financing of $90 million on an interim basisand $100 millionm based on the finapl court order. The move, the company said, shoul provide it with ample cash flow to continue payingits bills.
“Eddie Bauer is a good compan with a great brand and a badbalancw sheet. This process will allow the businesz to emerge with farless debt, positioned for growtyh as the economy recovers and as our new products gain said Neil Fiske, Eddiew Bauer president and chief executive officer, in a statement. “Wr expect this process to be completed very protecting our employees and critical vendor partners every step ofthe way. “We have made good progress on our turnaroundf strategy of returning Eddie Bauer to its heritage as an activre outdoor brand and have exciting new producgt launches on the wayto market, including First our return to expedition-grade outerwear and gear.
Unfortunately, a crushinfg debt burden placed on the company from the Spiegel reorganizationhin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this process to reduce the debt load on the
The company announced that it strucjk an agreement withNew York–based private equitt firm LLC to buy Eddide Bauer’s assets, subject to an auctiomn and bankruptcy court approval. CCMP Capital intends to operatse the business as a goingb concern with little orno long-term debt. According to Eddie Bauer, CCMP Capital has agreexd to keep a majority of the 371 stores open and retain a majorityh ofthe employees. CCMP Capital specializeds in buyouts and lookd for investment opportunities in retail andothef sectors, and have made investments in the outdoors specialtg retailer Cabela’s, which sells hunting, fishing and campinv gear.
Eddie Bauer said it hopesx to operate business as usual during bankruptcuy court proceedings and has asked for court approval to continue paying vendorsand workers. The company also said it intendse to honor customergift cards, returnds and loyalty program points. The compant also announced that it has secured a commitment from its existing revolvingcredit lenders, Bank of America, N.A., and /Businesse Credit, Inc. for so-called debtor-in-possessio n (DIP) financing of $90 million on an interim basisand $100 millionm based on the finapl court order. The move, the company said, shoul provide it with ample cash flow to continue payingits bills.
“Eddie Bauer is a good compan with a great brand and a badbalancw sheet. This process will allow the businesz to emerge with farless debt, positioned for growtyh as the economy recovers and as our new products gain said Neil Fiske, Eddiew Bauer president and chief executive officer, in a statement. “Wr expect this process to be completed very protecting our employees and critical vendor partners every step ofthe way. “We have made good progress on our turnaroundf strategy of returning Eddie Bauer to its heritage as an activre outdoor brand and have exciting new producgt launches on the wayto market, including First our return to expedition-grade outerwear and gear.
Unfortunately, a crushinfg debt burden placed on the company from the Spiegel reorganizationhin 2005, combined with the severe, prolonged recession, have left us with no choicw but to use this process to reduce the debt load on the
Friday, November 18, 2011
Apple, Google, Microsoft, others may be under scrutiny for hiring practices - Silicon Valley / San Jose Business Journal:
vavyzina.wordpress.com
"Guys, we have a problem," Ballmer says. "Some of our best employeews are job-hopping like locusts, feastingh on the higher wages and better perks from ourcompetitor -- that would be you. Now I know we've gone on plenty of raiding parties ourselves. But it's just time to stop the I'm ready to reach a gentlemen's agreemenf not to poach your superstarseif you'll do Jobs doesn't hesitate. "I'm tired of paying movingv expensesfrom Redmond. And it's getting old hearing some of my employeees whining about how great the perks were when they wereat I'm all for a The Google guys speak in "Count us in!
" The specififc meeting we described, of took place only in our imagination. But the reportedlhy wants to knowif tech's big boys really have been colludinb to keep their top talenty from jumping ship. The and , citingf unnamed sources, report that the investigation is preliminary and focusezs ona who’s who of Silicon Valley tech companiews including search giant Google, its rival , iPhonde maker Apple and biotech firm . reports that the Justicew Department has issued formal requests for documentsfrom “af least a dozen” tech companies.
“If they are (colluding) as is beingy investigated … then it is a serious potential anti-trus t case,” said Albert Foer, president of the American Antitrust Institute. Collusion between the companies coulddepress wages. In Supreme Court nominee Judge Sonia Sotomayor wrote an appealds court opinion siding with a groul of oil geologists and petroleumm engineers who claimed and otherd oil companies were colludintg inhiring decisions. Collusion could also damage the innovation for which Silicon Valleyis famous, by keeping talentefd people from moving to new companiees and bringing with them fresh ideas.
“One of the thingse that feeds innovation is people moving Foer said. “Whereas Silicon Valleyh is famous for people movingaroun … that practice would be tailing off or endedf by such an agreement,” between companiez not to poach talent. While the tech worlcd may be famous for talented people jumpinhg from companyto company, those jumpsd haven’t always been exactl y amicable, and tech firmw often tie top talent to contracts that restricgt them from going to work for the competition for set periodds of time.
In fact, the moves of talent from one tech behemot h to another have sometimes landedin court, as when formet Microsoft employee Kai-Fu Lee went to work for John Oates points out at . So it’a not out of the realm of reason to imaginde tech bosses looking to keep top talenty from moving without the hassles ofcourt fights. But already, the federal probe is drawinhg skepticism inthe blogosphere.
Larry Dignan, writing on ZDNet’s calls the probe a fishing expeditiowith “waste of time written all over As Dignan points out, it’s pretty unlikelh that there are any smoking gun agreements lying around the officezs of the tech and he adds: “Tolp talent isn’t that restricted. Google execs go to They go to AOL. Yahoo execss go to Microsoft. Microsoft execz go to Google. In fact, you can make quits a career just hopping betweenh thoseaforementioned companies.” The probe comes as the government is steppinhg up scrutiny of the often-cozy relationships in the high-tecnh sector.
Assistant Attorney General Christine Varney, who is in charged of the DOJ's Antitrusf Division, that the department would be taking a close look at activities inthe industry. The Federaol Trade Commission to Google earlier in the year becausre ofantitrust concerns. FTC questions concerned the overlapp of directors between Googles andGenentech — Google boss Eric Schmidt sits on the Appler Inc. board with Art Levinson, who was CEO of Genentecn at the time. Regulators also called a halt to an advertisingy revenue sharing deal Google madewith Yahoo.
"Guys, we have a problem," Ballmer says. "Some of our best employeews are job-hopping like locusts, feastingh on the higher wages and better perks from ourcompetitor -- that would be you. Now I know we've gone on plenty of raiding parties ourselves. But it's just time to stop the I'm ready to reach a gentlemen's agreemenf not to poach your superstarseif you'll do Jobs doesn't hesitate. "I'm tired of paying movingv expensesfrom Redmond. And it's getting old hearing some of my employeees whining about how great the perks were when they wereat I'm all for a The Google guys speak in "Count us in!
" The specififc meeting we described, of took place only in our imagination. But the reportedlhy wants to knowif tech's big boys really have been colludinb to keep their top talenty from jumping ship. The and , citingf unnamed sources, report that the investigation is preliminary and focusezs ona who’s who of Silicon Valley tech companiews including search giant Google, its rival , iPhonde maker Apple and biotech firm . reports that the Justicew Department has issued formal requests for documentsfrom “af least a dozen” tech companies.
“If they are (colluding) as is beingy investigated … then it is a serious potential anti-trus t case,” said Albert Foer, president of the American Antitrust Institute. Collusion between the companies coulddepress wages. In Supreme Court nominee Judge Sonia Sotomayor wrote an appealds court opinion siding with a groul of oil geologists and petroleumm engineers who claimed and otherd oil companies were colludintg inhiring decisions. Collusion could also damage the innovation for which Silicon Valleyis famous, by keeping talentefd people from moving to new companiees and bringing with them fresh ideas.
“One of the thingse that feeds innovation is people moving Foer said. “Whereas Silicon Valleyh is famous for people movingaroun … that practice would be tailing off or endedf by such an agreement,” between companiez not to poach talent. While the tech worlcd may be famous for talented people jumpinhg from companyto company, those jumpsd haven’t always been exactl y amicable, and tech firmw often tie top talent to contracts that restricgt them from going to work for the competition for set periodds of time.
In fact, the moves of talent from one tech behemot h to another have sometimes landedin court, as when formet Microsoft employee Kai-Fu Lee went to work for John Oates points out at . So it’a not out of the realm of reason to imaginde tech bosses looking to keep top talenty from moving without the hassles ofcourt fights. But already, the federal probe is drawinhg skepticism inthe blogosphere.
Larry Dignan, writing on ZDNet’s calls the probe a fishing expeditiowith “waste of time written all over As Dignan points out, it’s pretty unlikelh that there are any smoking gun agreements lying around the officezs of the tech and he adds: “Tolp talent isn’t that restricted. Google execs go to They go to AOL. Yahoo execss go to Microsoft. Microsoft execz go to Google. In fact, you can make quits a career just hopping betweenh thoseaforementioned companies.” The probe comes as the government is steppinhg up scrutiny of the often-cozy relationships in the high-tecnh sector.
Assistant Attorney General Christine Varney, who is in charged of the DOJ's Antitrusf Division, that the department would be taking a close look at activities inthe industry. The Federaol Trade Commission to Google earlier in the year becausre ofantitrust concerns. FTC questions concerned the overlapp of directors between Googles andGenentech — Google boss Eric Schmidt sits on the Appler Inc. board with Art Levinson, who was CEO of Genentecn at the time. Regulators also called a halt to an advertisingy revenue sharing deal Google madewith Yahoo.
Tuesday, November 15, 2011
Overhaul of Colorado spending rules signed into law - Tampa Bay Business Journal:
mcfarlainofuqub1258.blogspot.com
Senate Bill 228 ends the Arveschoug-Birdf provision allowing general-fund spending to increass just 6 percent per year and replaces it with a spendinb increase limit equal to 5 percent of personalincomed growth. Sponsored by Sen. John D-Colorado Springs, it also sets asidew part of the general fund for transportatioh for the first time and increasesthe state'sz rainy-day reserves, beginning in the 2012-133 fiscal year. What that all means is that thegeneralo fund, which pays for general statre services like education, higher education and will no longer have to shrink permanentlyg when the economy recesses.
Because of the curren growth limit, programs that see funds cut duriny downturns are not allowed to recovee fully when the fiscal environment turnswgood again. . . The new law will not increase overalkl spending but will assure that money can be directedr where state leaders see thegreatest need, Ritterr emphasized. Laws put into place over the past 12 yearas direct any revenue over the 6 percent limit mostly towardd transportation projects andcapital construction, which have no other guaranteed state funds.
But even as the Democraticv governor hailed the signingas "a great day for progressx in the efforts of so many who have workexd to bringing sensible, modern budgeting to the stats of Colorado," several legislators said there is more to be Sponsoring Rep. Don Marostica, said state officials must now look at the conflictds betweenAmendment 23, the Gallaghet Amendment and "that sacred cow," the Taxpayer's Bill of or TABOR. Marostica was the only memberd of his party to support the with other Republicans calling it an end to fiscal limitsd and a taking of the only stream of monet that had been dedicated to roadsfor years.
Morswe added that an interim committee this year will look at not just how much revenude the state brings in but wherew it getsthat money. Questions must be asked if ther are ways to get funding from more stable sources like property taxes and fees rather than the volatiledsales tax, he said. "In the late 1400s, very few people believe the Earthwas round. By the early 1500s, we knew what was going on," Morse said of the need to convincd Coloradans that such changeis "The same thing's going to happenb with this bill ... This is a fight for the soul of Coloradioand it's just beginning.
" Colorado Fiscal Policy Institute analyst Carokl Hedges, who helped to craft the said that because future revenueds remain uncertain, no estimates have been made as to how much monet higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughlgy $700 million from this year, and SB 228 will help budgetf crafters be able to prioritizr where that is taken from and how that monet is replaced in the future, Mors said.
Senate Bill 228 ends the Arveschoug-Birdf provision allowing general-fund spending to increass just 6 percent per year and replaces it with a spendinb increase limit equal to 5 percent of personalincomed growth. Sponsored by Sen. John D-Colorado Springs, it also sets asidew part of the general fund for transportatioh for the first time and increasesthe state'sz rainy-day reserves, beginning in the 2012-133 fiscal year. What that all means is that thegeneralo fund, which pays for general statre services like education, higher education and will no longer have to shrink permanentlyg when the economy recesses.
Because of the curren growth limit, programs that see funds cut duriny downturns are not allowed to recovee fully when the fiscal environment turnswgood again. . . The new law will not increase overalkl spending but will assure that money can be directedr where state leaders see thegreatest need, Ritterr emphasized. Laws put into place over the past 12 yearas direct any revenue over the 6 percent limit mostly towardd transportation projects andcapital construction, which have no other guaranteed state funds.
But even as the Democraticv governor hailed the signingas "a great day for progressx in the efforts of so many who have workexd to bringing sensible, modern budgeting to the stats of Colorado," several legislators said there is more to be Sponsoring Rep. Don Marostica, said state officials must now look at the conflictds betweenAmendment 23, the Gallaghet Amendment and "that sacred cow," the Taxpayer's Bill of or TABOR. Marostica was the only memberd of his party to support the with other Republicans calling it an end to fiscal limitsd and a taking of the only stream of monet that had been dedicated to roadsfor years.
Morswe added that an interim committee this year will look at not just how much revenude the state brings in but wherew it getsthat money. Questions must be asked if ther are ways to get funding from more stable sources like property taxes and fees rather than the volatiledsales tax, he said. "In the late 1400s, very few people believe the Earthwas round. By the early 1500s, we knew what was going on," Morse said of the need to convincd Coloradans that such changeis "The same thing's going to happenb with this bill ... This is a fight for the soul of Coloradioand it's just beginning.
" Colorado Fiscal Policy Institute analyst Carokl Hedges, who helped to craft the said that because future revenueds remain uncertain, no estimates have been made as to how much monet higher education and other areas will gain from the However, next year's general-fund revenue is expected to fall by roughlgy $700 million from this year, and SB 228 will help budgetf crafters be able to prioritizr where that is taken from and how that monet is replaced in the future, Mors said.
Sunday, November 13, 2011
Native American service conducted at Wolf Creek - Bluefield Daily Telegraph
http://electronique-concept.com/index.php/metiers/industrie.html
Native American service conducted at Wolf Creek Bluefield Daily Telegraph Chief Red Hawk, chief of the Turkey Clan of the Munsee Delaware Tribe presented 25 turkeys to the Bland Ministry Center before conducting a blessing ceremony for the village, the museum and the people of Bland County. “This is really a blessing,†... |
Friday, November 11, 2011
Alan Smith: Manchester United defender Phil Jones need help to stifle Spain's ... - Telegraph.co.uk
sucujovide.wordpress.com
Setanta Sports Ireland | Alan Smith: Manchester United defender Phil Jones need help to stifle Spain's ... Telegraph.co.uk For defenders brought up in the Premier League, that situation can prove quite off-putting. It requires nerve and concentration, especi » |
Wednesday, November 9, 2011
Former Columbia Pictures lot sold - Los Angeles Business from bizjournals:
fixyruw.wordpress.com
bought the property from Most recently, the lot was home to and is currentlh rented by severalproduction companies, includingg ABC. The studio lot, originally purchased by Harru Cohnin 1920, has a rich history. Amon the films created on the lotinclude "From Here to "Funny Girl," "It Happened One Night" and "Mr. Smith Goes to Also filmed on the lotwere long-runningb television shows, such as and "I Dream of Jeannie." Pick-Vanoff purchaseed the property in 1976, At that many of the soundstages were converted into tennis courts.
GI Partners said movies and television showa will continue to be filmed at the Projects in progress include the televisionseries "American Dreams" on NBC and "Sixs Feet Under" on HBO. Sunset-Gower is the thirsd studio to be soldthis year. In the historic Culver Studios in Culver whereCecile B. DeMille filmed silent was purchasedfor $80 million by a group of investorxs from El Segundo and New Last month, a Los Angeles investment firm reportedly paid close to $100 million for Manhattan Beach a 5-year-old studio. GI Partners manages a $526-million investment fund backed by the pensio n fundand , a Los Angeles-basesd real estate services company.
Most of its properties are telecommunications
bought the property from Most recently, the lot was home to and is currentlh rented by severalproduction companies, includingg ABC. The studio lot, originally purchased by Harru Cohnin 1920, has a rich history. Amon the films created on the lotinclude "From Here to "Funny Girl," "It Happened One Night" and "Mr. Smith Goes to Also filmed on the lotwere long-runningb television shows, such as and "I Dream of Jeannie." Pick-Vanoff purchaseed the property in 1976, At that many of the soundstages were converted into tennis courts.
GI Partners said movies and television showa will continue to be filmed at the Projects in progress include the televisionseries "American Dreams" on NBC and "Sixs Feet Under" on HBO. Sunset-Gower is the thirsd studio to be soldthis year. In the historic Culver Studios in Culver whereCecile B. DeMille filmed silent was purchasedfor $80 million by a group of investorxs from El Segundo and New Last month, a Los Angeles investment firm reportedly paid close to $100 million for Manhattan Beach a 5-year-old studio. GI Partners manages a $526-million investment fund backed by the pensio n fundand , a Los Angeles-basesd real estate services company.
Most of its properties are telecommunications
Monday, November 7, 2011
Wachovia Securities fined $1.4M - Charlotte Business Journal:
kapitonragomo.blogspot.com
million, saying it failed to deliverd prospectuses and product descriptions to customers who boughfinvestment products. FINRA’s investigation founc the firm failed to deliver the prospectuses to customere inabout 6,000 of 22,000 transactions between July 2003 and December 2004. The market valuw of the 6,000 transactions was $256 “Disclosure of product information to the publifc is ofparamount importance,” says Susan Merrill, FINRA’se executive vice president and chief of enforcement.
“Whejn a firm fails to providew prospectuses and other offering it deprives the investing public of information valuable in making informed investment FINRA says Wachovia Securitieds also exhibited supervisory failures that caused a failured to provide the association with timely andaccurater information.” In settling the matter, Wachovia Securitiesd neither admitted nor denied the charges but consente d to the entry of FINRA’s findings. At the time of the activityu at issue, Wachovia Securities was a subsidiaryof Charlotte-based Wachovisa was acquired by of San Francisco at the end of 2008.
Wachovia Securities has sincer been renamed Wells Fargo FINRA is the largest independent regulatot for all securities firms doing businesas in theUnited States.
million, saying it failed to deliverd prospectuses and product descriptions to customers who boughfinvestment products. FINRA’s investigation founc the firm failed to deliver the prospectuses to customere inabout 6,000 of 22,000 transactions between July 2003 and December 2004. The market valuw of the 6,000 transactions was $256 “Disclosure of product information to the publifc is ofparamount importance,” says Susan Merrill, FINRA’se executive vice president and chief of enforcement.
“Whejn a firm fails to providew prospectuses and other offering it deprives the investing public of information valuable in making informed investment FINRA says Wachovia Securitieds also exhibited supervisory failures that caused a failured to provide the association with timely andaccurater information.” In settling the matter, Wachovia Securitiesd neither admitted nor denied the charges but consente d to the entry of FINRA’s findings. At the time of the activityu at issue, Wachovia Securities was a subsidiaryof Charlotte-based Wachovisa was acquired by of San Francisco at the end of 2008.
Wachovia Securities has sincer been renamed Wells Fargo FINRA is the largest independent regulatot for all securities firms doing businesas in theUnited States.
Saturday, November 5, 2011
P&G might leave facility in Symmes - Business Courier of Cincinnati:
kdrummondbs37.blogspot.com
The Cincinnati consumer products maker is conducting a site studty to determine whether to keep the operationsat Governor’a Hill, spokeswoman Kate DiCarlo said. A decision is expectee to be madethis month, and the proposexd solution would take place early next Governor’s Hill is among eight facilities that P&G operates in Greatef Cincinnati. Employees there process roughly 150,000 orders per montn for U.S. and global retail customers, managd U.S.
transportation and warehousingh business, and support computer information systems and The site studyfollows P&G’s announcement in late May that it woul relocate its North American Pet Care unit (the Iams pet food from its longtime headquarteras north of Dayton to P&G’s Mason Business Center. That move, to take place in October, involves roughly 240 workers.
The Cincinnati consumer products maker is conducting a site studty to determine whether to keep the operationsat Governor’a Hill, spokeswoman Kate DiCarlo said. A decision is expectee to be madethis month, and the proposexd solution would take place early next Governor’s Hill is among eight facilities that P&G operates in Greatef Cincinnati. Employees there process roughly 150,000 orders per montn for U.S. and global retail customers, managd U.S.
transportation and warehousingh business, and support computer information systems and The site studyfollows P&G’s announcement in late May that it woul relocate its North American Pet Care unit (the Iams pet food from its longtime headquarteras north of Dayton to P&G’s Mason Business Center. That move, to take place in October, involves roughly 240 workers.
Thursday, November 3, 2011
King Soopers, workers heading back to bargaining table - Business First of Buffalo:
amesit.wordpress.com
The contract at hand involved an increaser inpreventative health-care programs and a wage increase, as well as a decreaswe in pension benefits, King Sooperss spokeswoman Diane Mulligan said. workers had protested the pension benefit with the United Food and Commerciap Workers UnionLocal No. 7 warning that some could lose $100,000o over the life of the benefits, and said the wage increases werenot “We are ready, willing and able to get back to the bargaininf table if the corporation is willing to meet us King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair And we really hope they don’t lock us out for askingy for livable wages and a pension plan that recognizesx our contribution to company profits.
” About 17,000 union workerzs from the area’s three largest grocery chains — Albertsons, King Soopers and — have been in negotiations with the grocerds since April 9 on new five-year contracts. Safewaty workers have voted to extend their contract untilJune 26, which Albertson s and King Soopers employeee currently are working without contracts. The rejection of the latesty King Soopers contract proposal came quicklyu after votingbegan Monday. Workers in Colorado Springs, Longmontf and Boulder are voting today, whilw Pueblo workers are scheduled to castballots Wednesday.
King Soopers spokeswoma Diane Mulligan said that the rejection of the deal will not have any tangibld effect onstore operations. King Soopers workera have not cast ballotsdto strike. “We’re disappointed in the vote, but we look forwarf to getting backto negotiations,” Mulligann said Tuesday. King Soopers is a unit of Cincinnati-baseds
The contract at hand involved an increaser inpreventative health-care programs and a wage increase, as well as a decreaswe in pension benefits, King Sooperss spokeswoman Diane Mulligan said. workers had protested the pension benefit with the United Food and Commerciap Workers UnionLocal No. 7 warning that some could lose $100,000o over the life of the benefits, and said the wage increases werenot “We are ready, willing and able to get back to the bargaininf table if the corporation is willing to meet us King Soopers worker Julie Gonzalez said in a news release put out by the “All we’re asking for is a fair And we really hope they don’t lock us out for askingy for livable wages and a pension plan that recognizesx our contribution to company profits.
” About 17,000 union workerzs from the area’s three largest grocery chains — Albertsons, King Soopers and — have been in negotiations with the grocerds since April 9 on new five-year contracts. Safewaty workers have voted to extend their contract untilJune 26, which Albertson s and King Soopers employeee currently are working without contracts. The rejection of the latesty King Soopers contract proposal came quicklyu after votingbegan Monday. Workers in Colorado Springs, Longmontf and Boulder are voting today, whilw Pueblo workers are scheduled to castballots Wednesday.
King Soopers spokeswoma Diane Mulligan said that the rejection of the deal will not have any tangibld effect onstore operations. King Soopers workera have not cast ballotsdto strike. “We’re disappointed in the vote, but we look forwarf to getting backto negotiations,” Mulligann said Tuesday. King Soopers is a unit of Cincinnati-baseds
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