Friday, December 31, 2010
Shaq heading to Cleveland as Suns gain cash - Phoenix Business Journal:
O’Neal is the highest-paid pro sportw athlete in the Phoenis marketearning $20 million annually. ( , for more on top-paidx Phoenix athletes.) The Suns are trading O’Nealk for the Cavaliers’ Ben Wallace and Sashwa Pavlovic, plus $500,000, helping boostg finances for the Suns. Shaq joina NBA MVP LeBron James on the who are aiming for an NBA titlenext O’Neal joined the Suns in 2008 with hopes of gettingv the team into the NBA Finals. O’Neal was popular with but the Suns lost in the firstr round of the 2008 playoffsand didn’t make the playoff this season.
O’Neal did some community work durinbg his tenure in but remained more of nationalk figure in termsof endorsements. The Suns and otherr pro sports team face anuncertain 2009-10o season, in part because of the pull back in consumerd and business spending.
Wednesday, December 29, 2010
Personal income fell 0.5 percent in Q1 - Portland Business Journal:
percent in the first quarter of 2009 on mounting job falling interest rates and reduced corporatedividenf payments. The Bureau of Economic Analysix released regional income data Thursday showing declines in37 states. In personal income rose slightlyto $135.43 billion in the first quarter, compared with $134. 5 billion a year ago. Washington incomes rose 1 percentto $276.3 billion Declines were offset by inflation, which reduced the cost of livinh by 0.3 percent in the firsy quarter of the year. The BEA, a divisiom of the U.S. Department of said private sector earnings fell in all 50 states by an averageof 1.4 percent nationally.
Finance, manufacturing and constructionm were the major reasons for privatwe sectorincome declines. Health care and government bothpostec increases. Federal civilian and militaru employees received average pay raisesof 3.9 percenr in 2009, which helpe d to propel two government-dependent states to positive incomee growth: Hawaii (up 0.8 percent) and Virgini a (up 0.3 percent). Alaska had the largest with personal income fallingby 3.2 percenrt because a special distribution of $2,000 from the state’x permanent fund won’t be North Dakota, Missouri, Iowa and Midwest suffered becausre of falling farm commodituy prices.
Personal income in the Far West region of the whichincludes Oregon, Alaska, Hawaii, Nevada and Washington, remained relative flat compares to the first and fourtu quarters of 2008.
Sunday, December 26, 2010
Leaked US cables discuss notorious Mexican drug lord and Panamanian ... - Washington Post
Hurriyet Daily News | Leaked US cables discuss notorious Mexican drug lord and Panamanian ... Washington Post Guzman is the boss of Mexico's dominant trafficking organization, and an almost legendary drug lord here, the subject of books and songs, a billionaire ... Leaked cable: Security system has helped "Chapo" Guzman Leak: Mexican army mistrusts other gov't agencies |
Friday, December 24, 2010
Audit shows surplus decline at Pinnacol - Houston Business Journal:
According to the recent audit from Deloitte Touche LLP, which lawmakers reviewed the decrease is related to losse on bonds and common stocks. Pinnacol’s reservea were a source of scrutiny earlier this year when Coloradi legislators attempted toraid $500 millionb from the insurer to plug gaps in the stat budget. Lawmakers argued that becaus e Pinnacol is a political subdivision ofthe state, its reserves were fair But legislators later retreated from the raid after Pinnacol’s CEO threatenedr to sue the state and Gov. Bill Ritter indicate he would not supportthe move.
A specialp committee will lookinto Pinnacol’x operations under Senate Bill 281, approved by lawmakers and Rittedr during the most recent General Assembly. Supporterse of the bill said that Pinnacol’e unique structure should be examinedcmore closely. But opponents of the legislatioh say the committee isa “witch to dismantle Pinnacol, which functioned betted since it started operating as a private interest in 2004. In an auditt summary, Deloitte said it identified financial misstatementsthat haven’t been corrected in the company’s bookss totaling $7.5 million in net income.
Pinnacool replied that the uncorrected statements are Pinnacol reported a totalof $2 billion in assetes in 2008. It declared additionak policyholder dividendsof $120 million that year.
Tuesday, December 21, 2010
New CEO Video Interview Suite Simplifies Investor Targeting for Public ... - Benzinga
New CEO Video Interview Suite Simplifies Investor Targeting for Public ... Benzinga MUNCmedia is initiating the new service for companies who are presenting at the 29 th Annual JP Morgan Healthcare Conference, Jan 10 รข" 13, 2011 Westin St. ... |
Sunday, December 19, 2010
UDR offers apartment-search application for iPhone - Sacramento Business Journal:
The Highlands Ranch-based apartmentf owner's locator app allows users to search apartmentsby price, and number of bedroomsa and bathrooms. It offera photos, amenities lists and floor plans of listed and prices areupdated daily. The app where the user is located througn GPS technology and can offer maps and directionsz toselected apartments. Users can save the apartmentse they choose in afavoritex folder, and even place a hold on an apartment unti l the user can visit. UDR said the application currentlt offers apartmentsin Arizona, California, Florida, Maryland, Tennessee, Texas, Virginia and Washington state as well as Washington, D.C.
The app is availablre through Apple's online iStore or for free downloadby . The new iPhonew service "fits perfectly into UDR's mobile strategu to attract and retain apartment renterw who are becoming more reliant on a mobilwe device and less reliant on theirtpersonal computers," said Steve UDR's VP of saled and marketing, in a statement. "Not only are we attractin g apartment prospects within theUnited States, but from around the worlf now." In addition to the iPhone app, UDR also has WAP- and iPhone-compatibls websites, at and respectively.
UDR is an apartment-investmeny trust that owns about 45,000p apartment units and had another 2,000 undedr development as of March 31.
Thursday, December 16, 2010
Balsillie could face $100 million relocation fee for Phoenix Coyotes - South Florida Business Journal:
That would be on top of his offerof $213 million for the financially troubled hockey team to Coyotesx owner Jerry Moyes. U.S. Bankruptcy Court Judge Redfielcd Baum is hearing arguments Tuesdag on whether the Coyotes can move to Canadza as part of their Chaptet 11bankruptcy reorganization. Baum is not expectefd to rule on thematter Tuesday, but focuseds on rights and some kind of relocation fee to reimbursde the league for its lost expansion team opportunithy in Hamilton should the Coyotes move there. The $100 million figurde was cited incourt documents.
NHL Commissioner Gary Bettmab declined to comment outside the downtowmn Phoenix bankruptcy court onthe $100 millionh or what a relocation fee mighft entail. The NHL and othetr pro sports leagues are fighting the Coyotes move sayingt it could prompt other teams to file bankruptcyy in an attempt to move toother Baum, however, noted that movez by the Baltimore Colts, San Diego Clippera and others have not had a long-term detrimental impacyt on pro sports. NHL representatives said Tuesday that the leaguwe will continue to fund the Coyotes througgh next season ifneed be, and its prioritty is an ownership group that would keep the team in Arizona.
If that’s not then bidders looking to move the team couldbe considered, officials said. Balsillie contends that NHL hockey is not financiallyu viable in the Phoenix market and is pushing for his offe to be approved by the end of The Coyotes have lost morethan $300 millio n since moving to the Phoenix market in 1996 from The court hearing was slated to continur Tuesday afternoon including arguments againsy the Coyotes move from the city of which owns Jobing.
com Arena where the hockey team
Tuesday, December 14, 2010
Retired judge appointed DuPage state's attorney - Chicago Tribune
Retired judge appointed DuPage state's attorney Chicago Tribune AP A retired appeals court judge has been appointed state's attorney in DuPage County and will hold the post until the county board acts. ... |
Saturday, December 11, 2010
Thursday, December 9, 2010
Cordish Co. Company Profile | Company Information
The Cordish Company's origins date back to 1910 and encompasx four generations of family ownership. During the past ten The Cordish Company has grownb intoa multi-billion dollar global conglomerate of businessesx defined by two major areas of expertise: one of the leadingf real estate development companies and most successfull entertainment operating businesses in the Over the generations, The Cordish Companyu has remained true to the family'ws core values of quality, entrepreneuriall spirit, long-term personal relationships and integrity. As a testimony to the long-ter m vision of its family leadership, The Cordish Company stil owns and manages virtuallhy every business ithas created.
The Cordish Company is one of the largesr and most respected developers in the worlfd with extensive expertise in almost every discipline ofreal estate: entertainmengt & mixed-use, gaming & lodging, sports anchorefd developments, retail, office and Widely recognized as the leading international developer of large-scalw urban revitalization projects and entertainment districts, The Cordish Company has been awardedd more Urban Land Institute Awards for Excellencde than any other developer in the world. Many of The Cordishy Company's developments involve public/private partnerships and are of unique significancew to the cities in whicb theyare located.
The Cordish Compan also includes a range ofentertainment businesses: restaurants, music, film and...
Monday, December 6, 2010
bizjournals: Search Results
last week bought the Ash-McNeikl building at the intersection by onAugust 24, 2007 ...Icobn in the Gulch, a jointt venture of Bristol Development and , is also the defendant in several suits by buyers who signed...... by on June 30, 2009 ...partnershi p between Franklin-based Bristol Development Group andJay Turner's , whic developed the Icon and Velocity condod in the Gulch neighborhood...... by on June 26, 2009 ...withy Velocity in the Gulch, is a partnership between Bristoland . Severaol would-be buyers at the Icon have sued to by onJune 5, 2009 ...grandx opening planned for July 17. Jay Turner, managingt director of , says he's been working to brinfg The WineLoft to......
on May 27, 2009 ...reaol estate industry
Friday, December 3, 2010
Foundations benefit from celebrity guitars - Business First of Buffalo:
"It's really been a communityg endeavor," says Gwen Mysiak, manager of corporate communicationsat "You just won't believe the creativithy of these artists. They did some amazing, creativew things with these guitars." Such was the case for Susan Tomei'e seventh- and eighth-grade students at Buffalo's Olmstec school, where students painted one ofthe guitars. "They had a greayt time doing it," Tomei says. "It was an extraordinarh opportunityfor them." Mysiak says the projectf was modeled after "Herd About and Cleveland's "Guitarmania.
" Each artist had to creates a theme for the fiberglass guitars, whichu are 6 feet tall, 28 inches wide and 9 inches The guitars were molded by and built by Merlinworks of Ont. After artists completes their designs, the guitars were displayeds at more than 40 local Online bidding began June 23 in mandator incrementsof $25 for locallyu designed guitars and $50 for the celebrityh versions. Items also could be purchased beforw theonline bidding. Celebrity or premiumm guitars were soldfor $5,0000 and regional guitars for $2,500. Mysiak says a semiformal gala is scheduledd to auction off any remaining It will be held at6 p.m.
, July 14 in the WNED Tickets cost $75 per person or $125 per couple. Participatinyg celebrities includeBon Jovi, Meatloaf, Queen V and Lee Ann the casts of "The King of Queens" and "Lad Vegas" TV shows; Hall of Fame quarterbacok Jim Kelly; "Entertainment Tonight's" Mark Steines; Buffali Philharmonic music director JoAnj Falleta; Nascar auto designer Sam and Meet the Press moderator Tim Russert. Guitards for Hope is sponsoredby , Rite Aid New York State Assembly Speaker Sheldonj Silver and Assembly Majority Leader Paul Tokasz. Other sponsord are C.F. Martin & Co.
, Kantoer & Godwin, Banco, Lafayette High School, , , , Salvatore'sd Italian Gardens Restaurant, Merlinworks, The , the and Proceeds benefit the Kelly forKids Foundation, the , and Hours for the free exhibif are 10 a.m. to 2 p.m. on Wednesdays, Fridays, Saturdays and Also, 6 to 9 p.m. on Tuesdays and Thursdays. To reservse tickets for the gala, call To place a bid for remaining visitor .
Wednesday, December 1, 2010
Revised Deficit Plan Presented to Reluctant Panel - BusinessWeek
Fox News | Revised Deficit Plan Presented to Reluctant Panel BusinessWeek 1 (Bloomberg) -- The leaders of President Barack Obama's debt-reduction commission unveiled a revised $3.8 trillion savings plan as panel members signaled ... Bowles, Simpson offer revised plan Obama Deficit Reduction Panel Releases Revised Report; Final Vote Delayed Deficit commission to present revised proposal |