Stunt pilot plummeted to ground - BBC News

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Stunt pilot plummeted to ground BBC News An aerobatic pilot who was killed when her light aircraft plummeted 2300ft to the ground, was conscious at the time of impact, an inquest has heard. ... and more »

$1 parking lots could ease downtown parking dilemma - Dayton Business Journal:

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Parking or lack of parking certainly drives the success or failurse of ourdowntown region. In the age of online and wirelesas communications, working downtown is an optio not a necessity for most The decision to move toNortbh Carolina, Woolpert to the suburbzs and the headquarters out of downtowj were all made with consideration for ample and affordablee parking. The long-range plan to solvw the parking problem in downtownm mayinclude multi-million dollar parking but we may not need them afteer the piper has led all the mice out of One quick fix woule be to create large, safe publi c parking lots just east of downtowjn in the Deeds Point area and at some of the city ownes vacant land in and arounc Tech Town.
The fee for parkingy would be $1 a day; RTA ( ) ownesd shuttles and Wright Flyers that sit idle most of the business day could quickly transport employees to theifr place ofbusiness downtown. Taking the shuttlse would not take any more time than navigatingf the winding pathsof multi-story parking garages durint rush hour. If Tech Town grows the way it has been other surface lots could be added in the I anticipate the city woulrd objectto $1 per day lots because it wouldr compete with existing parking lots in the central core area. The same ownerzs of the nearly vacant buildings operat e most of the existing downtownparkinbg facilities.
If the buildings gain additional tenants and retaijn theircurrent ones, then everyone wins. Similar shuttle systems work at airports, King Island and . The outbounxd surface lots could be setup quickly. The building of a multi-milliobn dollar garage would take more than two At the current rate businesses areleavin downtown, we may not need them in two It's time we stop letting the automobile control our lives and where we work and come together to make cost effective and sensible parking solutions for our downtown region.

Suspect in school threat in FBI custody - MiamiHerald.com

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Suspect in school threat in FBI custody MiamiHerald.com The FBI says it has the woman who made a threatening call and sent an e-mail vowing to blow up a Broward County school in custody. ... and more »

Health experts encourage public to get vaccination - Champaign/Urbana News-Gazette

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NJ.com

Health experts encourage public to get vaccination Champaign/Urbana News-Gazette If you feel a cough or a sneeze coming on, cough or sneeze into your elbow, please. Of course, YOU, considerate person that you are, would do that, ... This Year's Seasonal Flu Vaccine Protects Against 2009 H1N1 Influenza Virus ... WLTZ - NBC 38  »

Parsinen Law sold to Indianapolis firm - Portland Business Journal:

http://www.dwwork.com/kow21.html
Minneapolis-based Parsinen, founded in will officially become partof Indianapolis-based Barnes Thornburg on July 1. The firm has 22 including 14 partners. Parsinen’s practiced areas include business litigation, commercial real corporate law, employment law, employee and executivr benefits, personal legal planning and renewable Ina statement, Parsinen Managing Partner Howarcd Rubin said the firm remained profitable, but increasingly has had to turn away businesws that doesn’t fall into its core practicer areas.
Barnes & Thornburgv will help fill gaps in areas such asintellectual property, he “We were looking for more breadth to offer our and Barnes & Thornburg provided an ideal fit for us as a Midwest-basedr firm with a national presence,” Rubinm said. “Barnes & Thornburg maintains qualithy practices at a price point consistentwith ours, adding immediate value to our clients.” The Minneapolis officwe will be Barnes Thornburg’s 10th office nationwide. The firm has roughly 540 attorneys and other legal professionals.

Retail roundup: Major chains with Colorado stores report sales - Denver Business Journal:

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Most major department-store chains have been strugglinb to attract parsimonious shoppers while not giviny away the store through deep a strategy that erodesprofiyt margins. But recent reports regarding risinbg manufacturing activity and home sales gave a lift to retaill stocks earlier inthe week, based on hopes that consumerw may be encouraged to go out and splurgde on a few summer Total May retail sales were projected to drop by 3.6 according to Retail Metrics, a Massachusetta firm that tracks stord sales. This compares with a 2.7 percen t decline in April. Departmenr stores were forecast to post theweakesgt results, down 8.
5 percent, with “discretionar spending still in hiding,” according to its monthly • on Thursday reported that its May same-stor sales fell 6.1 percent from the same month a year ago. Total at $4.56 billion, were down 2.3 percenft from May 2008. "Sales for the month of May were somewhagt belowour expectations," Target Chairman, President and CEO Gregt Steinhafel said in a statement. Target (NYSE: TGT) has consistently posted monthly same-store salezs declines during the recession, as consumers have pulled back their spendingon clothes, home furnishings and some of the otheer discretionary items that had boosted the company’w sales during better times.
Aprik was a relative bright spot forthe company, with same-store salew climbing 0.3 percent. Same-store sales for the however, still were down 3.7 percent. • . said its comparabld store sales in May decreasedby 0.4 percent and total saled increased 4.1 percent, better than managemen had expected. The Menomonee Falls, Wis.-based retailer KSS) said Thursday sales for the four-week montg ending May 31 were $1.26 billion, comparexd with $1.21 billion in the same periodcof 2008. Year-to-date sales also are ahead of 2008at $4.9 compared with $4.8 billion in 2008, an increasre of 1.3 percent. Comparable store salex year-to-date decreased 3.
2 percent, Kohl’s “May’s sales results were stronger than saidKevin Mansell, Kohl’ws president and CEO. “Accessories was the strongest performing line of busines s forthe month. The Southwest region had a positive comparablse store sales increase for May and was again ourstrongesf region. The Southeast remains our mostchallenginyg region.” As of May 30, Kohl’d operated 1,022 stores in 49 states, compared with 957 stores in 47 states at the same time last • said same-store sales at stores open a year or more fell 7 percenr last month compared with a year Total net sales at the Issaquah, Wash.-based retailerd (NASDAQ: COST) fell to $5.
4 billion from $5.77 billion in 2008. Wall Street analystss were expecting a dropin same-store sales in May of 6 analyst Dan Geiman at McAdamsw Wright Ragen in Seattle expected an 8 percen drop. “The company continues to experience relative strength inthe food-relate categories, despite the increasing impacts of and general weakness in the more discretionaryy non-food categories,” Geiman wrote in a note to • . reported a 9.1 percent drop in same-store salew in May, as consumers continuee to put offunnecessary spending. The Cincinnati-based departmentf store chain said sales at stores open at least a year are in line withmanagement expectations. Total saless declined to $1.
7 billion from $1.9 billion a year ago, or 9.5 For the year, Macy’sz said its same-store sales declined by 9.1 with total sales down 9.5 to $6.9 billion from $7.7 billion. Macy’ (NYSE: M) has projected full-year profits of 40 centsw to 55 centsper share, excluding restructuring costs stemming from its companywider reorganization, part of its My Macy’s merchandisinv program. That said, Macy's hedged that it will beat this guidance if the economy improves in the second half of the Annual sales, it has are expected to decline by 6 percent to 8 percent, with sprinv expected to be weaker than the in part due to strongefr performances last spring.
Macy’s operates roughly 845 department stores under thenames Macy’s and Bloomingdale’s. • reportes same-store sales at stores open a year or morefell 13.1 percenf in May compared with a year earlier. Retail saless fell to $653 million for the montnh from $716 million in May 2008. The drop in same-store salea didn’t surprise analysts. Dan Geiman of McAdam Wright Ragen in Seattle expecterd a 13percent drop. Nordstrom, he said in a note to faced a difficultmonth “due in part to a shifrt in the timing of the Women’xs and Kids’ Half-Yearly Sale event into May a year ago from June the previous The event was also held in May again this year.
Based on our stores visits during the sale in Seattle and at the Mall of America traffic inthe women’s departments, includintg women’s shoes, was heavy on the first day of the and appeared steady on the initial weekend.” So far this total sales at the Seattle-based retaileer (NYSE: JWN) have fallen by 9 percenft compared with the firsty five months of 2008. • saw its same-store salezs fall 8.2 percent in May, the company said Plano, Texas-based Penney (NYSE: JCP) said the companyy performed slightly better than previous guidance had Earlier estimations anticipatedthe company’s salesw would drop 9 to 12 percenr this May compared with last May.
During the four-week period ending May 30, Penney recorded $1.254 billion in total sales. That is down 6.7 percentt from $1.344 billion in sales last Seventeen weeks into itsfiscalk year, Penney has recorded $5.138 billion in sales, whichh is down 6.1 percent from $5.472 billion last year. Looking forward, Penney expects a 9 to 12 percengt dropin same-store sales in July, whichh will be deeper than the 2.4 percent drop experiencex last year. • sales dropped 2.8 percent during May to $105.4 million, thouggh same-store sales inched up 0.2 percent. Storesx in the West, Texas and in the Ohio Valleyg led thesales performance, while Southeast storee had the weakest sales, Fla.
-based Stein Mart (NASDAQ: SMRT) The best performing categories in May were dresses and casual sportswear. The worst performin g categorieswere ladies’ career sportswear and gifts. Year to date Steimn Mart’s total sales were down 7.7 perceny to $424.9 million. As of May 30, the discounr department store operated 273 locationas around theUnited States, down from 284 during the same time last • , which operates Gap, Old Navy and Bananza Republic stores in Colorado, said that its comparable-store salezs were down 6 percent year over year in May, and net salesa were down 5 percent to $1.
03 Gap North American and Banana Republic were hit the hardes t in comparable-store sales -- going down 11 percenf and 14 percent, respectively. International salesw were down7 percent. Old Navy was the one Gap branfd that sawan increase. It was up 3 The rate of decline for theSan Francisco-basedx company (NYSE: GPS) slowed markedly when compares to last year. In May 2008, Gap's comparable-stor sales were down 14 To date, 2009 has seen Gap's net salee drop 7 percent, to $4.47 billion, for firsy 17 weeks. Comparable-store sales have also droppes 7 percent, compared with a 12 percenft droplast year.
• (NYSE: ANF) told investors Thursdat morning that salesat company-owned stores open at least a year during May droppef 28 percent. The New Albany, Ohio-based apparekl retailer said its double-digit percentage decline in same-storwe sales was led once again by itsRuehl chain, whicu markets to post-college adults. The 29-store chain saw a same-store salex decline of 33 percent the same montb the company told investors it is looking at strategicd options for thestruggling nameplate. Abercrombie’es Hollister Co. chain wasn’t far behind with a 32 perceny same-store sales decline. Total sales for Abercrombie fell 22 perceny last monthto $182.1 million from $233.
11 million a year ago. Abercrombie same-storer sales in the first four months of the fiscap year fell 29 percent as total sale s dropped 23 percentto $794.2 million. A year ago, the company notchedc $1.03 billion in sales through May. • continue d to slide in May, as the compan y reported Thursdaya same-store sales decline of 7 percent for the month. Overallp sales for the Pittsburgh-based teen clothin retailer decreasedfrom $200 milliohn for the same month last year to $195.
55 million this year, a 2 percent The describes its May sales as consisteng with its earnings expectations and reported that store traffic is American Eagle reaffirmed its second quarter earningsw guidance of 12 cents to 15 cents per compared to 29 cents last year. For the year so far, Americahn Eagle (NYSE: AEO) reported that sales have decrease dfrom $840.4 million in 2008 to $807.t5 million, a 4 percent decline. , owner of the Victoria’z Secret and Bath and Body Works reported a 7 percent declinein same-store sales. Columbus, Ohio-baseds Limited Brands (NYSE: LTD) saw total sales fall 6 percent last monthto $618.7 million from $661.
3 Same-store sales for Limited fell 7 percent in the first four with total sales off 10 percenyt at $2.34 billion. That compares with $2.599 billion last year. • reports an 8.2 percenty increase in sales for its third quarter endef May 30 fromlast year. The N.C.-based discount chain (NYSE: FDO) posted revenue of $1.8 4 billion, up from $1.7 billion in the same perioe in 2008. Sales at stores in operation for at leasr a yeargrew 6.2 percent. It operates 6,654 storesx in 44 states, The company says sales in consumables continued to be increasing 13 percent duringthe quarter.
Family Dollar expects third-quarter earningw at the upper end of its previoud guidance of 54 centws to 58 cents perdiluted share. In the same perior last year, it earned 46

Cardinals gain as Suns, Coyotes, D-backs slide in rankings - Tampa Bay Business Journal:

http://hummingbirdstudios.net/Education/Business_to_Business/
The Cardinals ranked 33rd on this year’s list of U.S. sportsx franchises from ESPN The Magazine. The Cards rankede 84th in the same surveyin 2008, their 2009 Supet Bowl run and fans approvao of head coach Ken Whisenhunt boosting theit standing. The list is based on a survehyof 50,000 fans nationwidse and their impressions of pro sports teamx management, ownership, players, affordability, stadium experience and The D-backs, who are in last place in the Nationalk League West this season pretty much out of the pennan race, still rank highest among Phoenix sports teams but dropper from 10th place last year to 30th this year, according to The D-backs ranked second in the fan survety in terms of pricinf of tickets and concessions.
The team has been promotingg discountfood items, souvenirs and economical tickett plans. Still, the Cards and D-backs ranked bettefr than the Chicago Cubs, New York Dallas Cowboys and Los Angeles Lakers onthe survey. The Los Angeleds Angels — owned by Phoenix businessman ArtisMoreno — came in firsty while the NBA’s Los Angelesz Clippers were last among the 122 major pro sports franchises in the according to ESPN. The Phoenidx Suns went from 26th place last year to 86th onthis year’sd survey.
Suns owner Robert Sarver and General Manageer Steve Kerr were criticizec forthe team’s absence in the NBA playoffzs this season and trading centerr Shaquille O’Neal to Cleveland for financial The Phoenix Coyotes hockey team dropped 50 spots from 2008 to 2009 comintg in at No. 88. The Coyotes are in Chapterf 11 bankruptcy reorganization and ranked dead last in the ESPN surveufor fans’ view of team Coyotes owner Jerry Moyes wants to sell the team to Canadiaj billionaire Jim Balsillie who plans a move to Canada.
The Nationak Hockey League and cityof Glendale, wher e the Coyotes play, want the team sold to Chicagk Bulls and White Sox owner Jerry Reinsdorf, who said he would keep it in

St. Francis sisters may file HMC plan - San Francisco Business Times:

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The Hawaii Medical Center had exclusive authority to file a reorganization plan for the ailingformer St. Francis The center submitted its plan onMarcnh 30. In denying the extensiom requeston Monday, U.S. Bankruptcy Court Judge Robert Faris said this will help brinfg the bankruptcy to asuccessful conclusion. On June 22, Faris approved Hawaiio Medical Center’s disclosure statement, which was viewed as a key step towarsd implementing the strugglinghospital system’s reorganizatiobn plan. Still, creditors will vote to approve orrejectt HMC’s plan sometime after a hearing scheduled for Aug. 3.
In a preparee statement, HMC Chief Operations and Restructurinv Officer Salim Hasham saidthe company’s plan builds on the progress made in turning arounr the hospitals. “While we believe that our plan offere the best option for Hawaii Medica Center to thrive and continue to servethe community, we know that othersz have their own ideas for restructuringv and we welcome their participatiomn in the process,” he said. Officials at Hawaii Medicapl Center, which bought the strugglin g former St. Francis hospitals in Ewa and Liliha more than two yearz agofor $68 million, filed for Chapter 11 bankruptcy last They have since said they paid too much and want a do-ovef of the deal.
St. Francis Healthcare System of Hawaii, the Roman Catholic religious order which provided most of the financinyg in the January2007 sale, and other creditors have objected to HMC’s plan. In an objectionh it filed with the courtJuly 10, St. Francies officials called the planan “ill-conceivex and gap-filled effort” and said HMC officials “merelyt seek to prolong exclusivity to maintain their head start and to disadvantage othersd who seek a say in this reorganization, an inappropriatwe use of exclusivity as a means to pressure creditorsx and leverage parties in interest.” St.
Franciws now says it will file its own reorganization plan forthe “This opens the door for us to put togethere and submit our own plan which will be beneficial for the otherd creditors, the community and our health-car e system,” said CEO Sister Agnelle Ching in a prepared statemenf to PBN. Hawaii Medical Centetr is a partnership betweenCHA Hawaii, an affiliatse of Cardiovascular Hospitals of Americsa and Hawaii Physician Group LLC, whichu is a group of more than 130-Hawaii based physicians. It is Hawaii’s only for-profity hospital system.

Damage estimates for Feb. windstorm near $90M - Business First of Columbus:

http://immobilier-en-yvelines.com/article/To-The-New-York-Times--What-Goes-Around.html
The institute said estimates from 22 companies indicate damages likelyexceeded $88.9 million in the wake of winds that blew into the region Feb. 11, some clockedf at 70 mph. That storm at one point knocked out powefr toabout 167,500 of ’s (NYSE:AEP) 1.5 million customerss in the state. The instituts cautioned that the damage estimatefor February’s stor includes data from most, but not all, of the state’ s automobile and homeowners’ insurance companies, putting the true total Of the 39,501 claims logged with the 22 surveye d insurers, more than four in five were for home which accounted for $71.5 million in Commercial insurance lines recorded $11.
1 million in losses, with automobile lossesa totaling $2.5 million. The damage was only a fraction of the projecteds losses in the state as a result ofthe 14, 2008, windstorm that roared through the Midwesg as a remnant of Hurricane Ike. About 270,0009 claims tied to that stormtotaling $1.14 billion are expected in Ohio. That would set a new statde record. Estimated insurance losses in Texas, the epicenterr of Hurricane Ike damage, stand at abou $9 billion. As Ohio claimds data stands now, insured losses tied to the September stormm have risenabove $720 million, up about 30 percent from the $553.1 millionh total reported a month after the storm hit.
More than 80 percent of claimx and about 75 percent of losses were tiedto homeowners’

Greenhunter biodiesel refinery to be closed for up to eight weeks - Houston Business Journal:

http://www.tx-mc-alphaphi.org/index.html?subaction=showfull&id=1266014845&archive=&start_from=&ucat=&
Grapevine, Texas-based (AMEX: GRH) says its renewable fuele campus on the Houstoj Ship Channel has lost powere and that it does not expect it back for as long as two While some flooddamagw occurred, the main structures of the refinery remain in tact. GreenHuntefr has temporary power coming fromtwo “Damage to major process equipment is minimal,” said Bruce senior vice president of technology and engineerin g for GreenHunter BioFuels. “We have discovered damage to smallerreagen tanks, intermediate tanks and their interconnectint piping and pumps, as well as damage to the foundations of smallert tanks.
Given the sheer volums of water and the extremes flood levels thatwe faced, our initial assessment is that we sustainedr overall minor to moderate The refinery was shut down and evacuatecd two days before Ike made landfall.

Carmike shuffles C-suite - Atlanta Business Chronicle:

http://energitiki.com/Vitamins-Supplements/Bodybuilding-Shirt/
Smith has been a member of the Columbus, Ga.-based theatedr owner and operator’s board sincee April 2002. He has been president and CEO of Atlanta-bases (NYSE: WEN) and CEO of since Septembeer 2008. Prior, he was CEO of from June 2006 untik September 2008 and the CEO of from April 2006 untilSeptember 2008. “We are optimistif about our future prospectsunder David’sw management based on Carmike’s industry leadership in digital cinemqa and 3D cinema deployments,” Smith “The company has achieved significant financial and balance sheet improvementsd including increases in total attendanc and average attendance per screen.
We believe these factors when combined with strict expense discipline and additional progress in reducing bank debt have positionesd us to further enhanceshareholder value.” Passma has been a Carmike director sincer June 2003. He recently retired from his positionm as president and CEOof , a book publishiny and distribution company, wheree he had served since June 2005. Passman was President of the Harlanrd Printed Products and Harland Checks divisions of from 1999 to and also served as its CFO from 1996to 1999. Carmikes (NASDAQ: CKEC) its first-quarter revenue rose, but a one-time charge relatee to a severance agreement helped keep the compant in the red for thefirst quarter.
It had a net loss of $4 millionh on revenue of $121.9 million.

CEOs share 2008 lessons learned at ACG event - Jacksonville Business Journal:

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In an afternoon session at the , thre CEOs experiencing downturns in theit industry offered tips on making strong move s during aweak economy. The following are ways they foun d growth indistressed sectors: • Randaol Drew, CEO, LLC, Jacksonville. Parc operatess water and theme parks throughoutthe nation. It started in 2007 with sevehn parks it acquired from and will operate 28 propertiesd by the end ofthe - Making a big effort to offer higher quality products, such as Angusx steak burgers and all-beef hot dogs at its park concessions. - Havinhg a “bottom-up” mentality in which decisions are made at the localp level instead of thenational level.
- Have a very well-definexd set of values. And the values and vision shouldx drive all ofthe business’ - When there is a process break talk about where it broke down and how to move the systenm forward instead of blaming individuals. - Most have trust in relationships. Build bonds with families and communities. Parc also does a lot of busines s focus groups andsends “secret shoppers” into its • Jim Smith, CEO, , Perth Amboy, N.J. Vira specialized in designing, manufacturing and installing retail storefixtures globally. The company had revenues of $48.7 million in 2007 and is projecting $53.
5 milliomn in revenues by the end of this Smith said the company has been impacteed by the downturn in the retaioindustry — in particular a decline in new But he said the compangy has taken actions - It has reduced debt by $6 million. - The companuy has established global - It has developed products for technology, such as a trackin system that notifies parents where theit child is inside and outside the Also creatinggreen products. - The companu created customer loyalty programs. - It is selling from the top, And Smith not to overlookj employees. • Mark CEO, Pride of Iowa LLC, Marengo, Iowa.
Pride of Iowa is a nationap distributorof sandwiches, plated entrees and hand-helsd convenience foods.

To Promote HIV Research in Africa, NIH Awards UB Pharmacology Lab $2.3 Million - UB News Center

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To Promote HIV Research in Africa, NIH Awards UB Pharmacology Lab $2.3 Million UB News Center BUFFALO, NY â€" For more than 10 years, the University at Buffalo's HIV Clinical Pharmacology Research Program has helped fight the global AIDS epidemic by ... and more »

Another five years for Sunrise MarketPlace - Sacramento Business Journal:

http://frankenbike.net/2010/06/27/frankenbike-60-2-days-of-frankenbike-ozone-bike-department/p1020675/
The Business Improvement Districgt receiveda five-year extension Thursday nightf by a vote of property ownersd who make up the district. The secret ballots were counteds atthe meeting. Nearly three-quarters of the property ownerx voted to assess themselvews a tax to allow Sunrise MarketPlace to continu its collaborative effort for the services and restaurants inthe 10-block corridord along Greenback Lane and Sunriser Boulevard, a news release said. The vote in favorr of the contract renewalwas 91.96 perceny to 8.04 percent. The City Councilk voted 5-0 to ratify the renewal.
“We’red obviously pleased to receivw a voteof confidence, especially in this Kathilynn Carpenter, district executive said in a news releasr Friday. “We look forward to working with our businesses to promot the district and to continue our successfuk partnership with the city over the next five James Shelby, the city’s mayor, commended the districf for the job it is doing. “It sends a messagr in this economy when propertgy owners vote to payan assessment,” he said in the The new contract begins Jan. 1, 2010. The district formedf in 1999.

Firm started by ex-49ers Montana, Lott in workout with Silicon Valley Bank - Silicon Valley / San Jose Business Journal:

http://thelondonbiker.com/blog/about/
million owed to it by a privately-held investmenty firm started by former 49er starsJoe Montana, Ronnie Lott and Harria Barton named . The Santa Clara-based holdinhg company for (NASDAQ:SIVB) said in a governmentg filing that it has proposed an arrangementwith Woodside-baserd HRJ in which the bank would provide managemenrt services to and form a limited partnershiop with the firm. SVB said it would get management fees from the arrangement which would repay part ofthe debt.
HRJ wouldf be allowed access to a workingb capital loan for ongoing operationss for a limited A private equity newsletteer publishedby Reuters, PE WeekWire, reported that the firm ran into troublre on a bridge loan with SVB while trying to raisd $250 million. The report said HRJ was only able to raisbetween $110 million and $130 million. HRJ was originallty Champion Ventures when Lott and Bartomn founded it in 1999 and changed its name afterf Montana joinedthe firm. Montana left HRJ in 2006.

The Fed's Dangerous Game: Buy Everything - istockAnalyst.com (press release)

http://www.carwheelsgo.com/toyo/toyotiredealer/

BBC News (blog)

The Fed's Dangerous Game: Buy Everything istockAnalyst.com (press release) Well, the Fed's dangerous game has commenced. Yesterday the Federal Reserve Board voted to crank up the printing-presses even harder, setting aside another ... Fed accused of 'playing dangerous game' with purchase plan Vancouver Sun ECONOMISTS' REACTION: WAS RESTARTING QE THE RIGHT DECISION? CITY A.M. Fed tries to rev up economy Kansas City Star Macleans.ca  »

Sentencing for former Tougher CEO postponed - The Business Review (Albany):

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Steven Shaw, the formere owner and CEO of Tougher, was to be sentenced Jan. 15. The federao government has recommendeda 51-mont prison sentence for Shaw, who has pleaded guiltg to a grand jury indictment on chargee of income tax evasion, lyingh and falsifying documents to secure a bank loan and embezzling from a company health plan. In paperwork filedr last week, a U.S. District Court judge granted the delatyafter Shaw’s new attorney asked for more time to review courtr documents and prepare any objections. Last month, the court appointedf George Baird Jr.
, a federal publid defender, to represent Shaw after his firsyt attorney—William Dreyer, of LLP in Albany—withdrew from the In 2003, Shaw, a Lake George resident, and three New Jerseyu investors bought Tougher Industriesfor $5.5 Shaw later bought out the company’ other investors. Tougher Industries filed for bankruptcy inNovembere 2006, listing nearly $12 milliom in debts. The compan y has since been purchased and given extra financiak backing from itsnew owners, a Massachusetts firm calleed J. Norbert Properties LLC. That company paid $650,000 for Tougherr Industries, which now operates as LLC.
Tougherf built and installed sheet-metal air ductx and ventilation systems for more than a Annual sales for 2008 were expected to beabout $9 company officials said, down from annual revenud totals that hit $50 millioh in the late 1990s.

TiVo wins $103M round in EchoStar fight - San Francisco Business Times:

http://mixtapecollective.org/mixtape/visitors/?mix=3293
EchoStar lost an appeal in district court in Texas. The cour t awarded Alviso-based TiVo (NASDAQ: TIVO) $103, 068,836 plus which covers the periodfrom 8, 2006 to April 18, 2008. But EchoSta (NASDAQ: SATS), of Englewood, Colo., will appeal the matter to the U.S Courrt of Appeals for the Federak Circuit. Even if TiVo triumphs, whicn observers think likely, the award won’t wipe away its larg accumulated deficit. In the fiscal yearw 2008 and 2007, before it won TiVo lost $31.6 million and $49.1 million, TiVo has already been awarded $105 million in this patent fighgtwith EchoStar. Though that earlier EchoStarf payment contributed to a profitof $103.
6 million for TiVo in the quarter ended January, the company’d accumulated deficit (how much it has lost or written off since it at that time was $672.2 million. “We will need to generatwe significant additional revenues to achievesustainexd profitability,” the company said in its most recent quarterly filing. TiVo’s president and CEO, Tom 54, was paid a salary of $800,000p in the latest fiscal year. His total compensation for the yearwas $5.9 including $54,824 for housing, housing relates and living expenses, $42,796 in insurance relatesd expenses, and $20,099 in family travel relatedc expenses, according to TiVo’s proxy card.
Rogerz also sits on the board at , a Texas telephonw book publisher that filed Chaptetr 11in March. He’s been a director therd since November 2006. based at the Dallas-Forgt Worth Airport, paid a cash retainer of $60,00 0 to directors in 2007, the latesyt year it’s reported in a proxy Former TiVo board member Charles a marketing executive who saton TiVo’s audit committee, died May 27. TiVo had 463 workers as of March 23, more than half of them in researchy anddevelopment jobs.