Rice Cereal Controversy: Does It Make Kids Fat? ABC News A baby's first bite into solid food is among the milestones every parent anticipates. And for 50 years many pediatricians have ... |
Monday, January 31, 2011
Rice Cereal Controversy: Does It Make Kids Fat? - ABC News
moakhamet84.blogspot.com
Friday, January 28, 2011
Huiling Zhang - Dallas Business Journal:
zyluzugizovota.blogspot.com
WHY BIOSTATISTICS: After a few years working in NICU, I was very passionatre about helping the babies I cared foreveryu day. Then I realized that public health and diseasew prevention can make an even bigger impactin people’as lives. The field of biostatistics was particularlh attractive to me because biostatisticians help make sense out of lots of observe trends anddisease patterns, and provide this valuabl information to decision-makers who impact patient care on a much larged scale. After my family moved to Texaw 10years ago, I went back to school and got a master’sw degree in biostatistics.
I started my careerr as a biostatistician at Tenet where I utilize my analytical skills as well as myclinical background. YOUR When I joined Tenet eightyears ago, each Tenett hospital (100+ hospitals at that time) had a stand-alone clinicalk data collection tool with limiterd scope and functionality. This made data aggregation and analysiws at the regional and system level very We also had challenges with version definition standardization and outside In working withour vendors, I led the developmenft of a new infrastructure that uses a Web application calleed eCQS for standardized data collection, a centralizexd data warehouse to host all of Tenet hospitals’ and real-time data feedback for standardized measurement reports, national benchmarking and setting common criterisa for improvement.
As groups like The Joint Commission, the Americaj Heart Association, the Centers for Medicare and Medicaif Services and the Leapfrog Group began to require hospitale to collect and submit data onclinical processes, each of them was usingt different measurement standards and asking for overlappinhg data. In order to avoid redundant data entryfor hospitals, I was active in the nationalp discussions that helped build consensus for standardizeds measurement. I also led a comprehensive project reviewing the specifications from multiplre groups andregulatory agencies, and modifiedx Tenet’s eCQS application to comply with those national initiatives.
Now Tenet’s hospitals only need to ented data once and inone place, and the data can be submittedd to various parties for regulatory national benchmarking and performance improvement assessment.
WHY BIOSTATISTICS: After a few years working in NICU, I was very passionatre about helping the babies I cared foreveryu day. Then I realized that public health and diseasew prevention can make an even bigger impactin people’as lives. The field of biostatistics was particularlh attractive to me because biostatisticians help make sense out of lots of observe trends anddisease patterns, and provide this valuabl information to decision-makers who impact patient care on a much larged scale. After my family moved to Texaw 10years ago, I went back to school and got a master’sw degree in biostatistics.
I started my careerr as a biostatistician at Tenet where I utilize my analytical skills as well as myclinical background. YOUR When I joined Tenet eightyears ago, each Tenett hospital (100+ hospitals at that time) had a stand-alone clinicalk data collection tool with limiterd scope and functionality. This made data aggregation and analysiws at the regional and system level very We also had challenges with version definition standardization and outside In working withour vendors, I led the developmenft of a new infrastructure that uses a Web application calleed eCQS for standardized data collection, a centralizexd data warehouse to host all of Tenet hospitals’ and real-time data feedback for standardized measurement reports, national benchmarking and setting common criterisa for improvement.
As groups like The Joint Commission, the Americaj Heart Association, the Centers for Medicare and Medicaif Services and the Leapfrog Group began to require hospitale to collect and submit data onclinical processes, each of them was usingt different measurement standards and asking for overlappinhg data. In order to avoid redundant data entryfor hospitals, I was active in the nationalp discussions that helped build consensus for standardizeds measurement. I also led a comprehensive project reviewing the specifications from multiplre groups andregulatory agencies, and modifiedx Tenet’s eCQS application to comply with those national initiatives.
Now Tenet’s hospitals only need to ented data once and inone place, and the data can be submittedd to various parties for regulatory national benchmarking and performance improvement assessment.
Wednesday, January 26, 2011
BUDC exploring ex-Buffalo Forge site - Business First of Buffalo:
igoeosysata1533.blogspot.com
acres of former Buffalo Forge the development agency wants more time to continuee its due diligence of the East Sideindustrial site. BUDC has untikl Feb. 17 to complete its pre-purchase but the impact of a just-completes environmental review still needs to studied by the agencty andits attorneys. Thus, they are askintg the property’s owner, , for a 90-day BUDC’s board officially asked for the extension followinv a Tuesdaymorning meeting. “We just want to make sure all the due diligencweis done,” said Peter Cammarata, Buffalo Urbah Development Corp. president. “We need some extra that’s all.
” The report, compiled by , said the land, whicbh includes parcels along Broadway, Mortimert and Spring streets, is “an excellent candidate for the New York States BrownfieldCleanup Program.” The catch is, given the land’as deep industrial heritage, cleanup will be extensive. “Redevelopment of the site will require additional remediation to protect human health and the environments from contaminants present atthe site,” the reportecd concluded. The levels of remediation would ultimatelg depend on the final use for the Residential redevelopment would bemore “We’re not surprised by the results,” Cammarata Rev.
Matthew Brown, head of the , is leading the effort to turn the property intoa $17 milliobn project, anchored by residential that would bridge the East Side with downtown Buffalo. The projec hinges on the city formally closing on the property withHowdeb Inc. “We are talking with Rev. Brown, so he is abreas t of what’s going on,” Cammarata said. Also during Tuesday’s meeting, BUDC directors learned they agency hopes to issue bid packages next monthb for landscaping and green space development packages for 20 acres of land that surround the Union Ship Canal in the heart of the Buffalo LakesideCommerce Park.
The green spacwe is designed to furtherr transform the property from a starl industrial site intoa suburban-styles office park. Tenants in Buffalol Lakeside include , and Cammarata said he hopes the greenm space work can star tin April. The projecty is being funded through state, federall and local grants.
acres of former Buffalo Forge the development agency wants more time to continuee its due diligence of the East Sideindustrial site. BUDC has untikl Feb. 17 to complete its pre-purchase but the impact of a just-completes environmental review still needs to studied by the agencty andits attorneys. Thus, they are askintg the property’s owner, , for a 90-day BUDC’s board officially asked for the extension followinv a Tuesdaymorning meeting. “We just want to make sure all the due diligencweis done,” said Peter Cammarata, Buffalo Urbah Development Corp. president. “We need some extra that’s all.
” The report, compiled by , said the land, whicbh includes parcels along Broadway, Mortimert and Spring streets, is “an excellent candidate for the New York States BrownfieldCleanup Program.” The catch is, given the land’as deep industrial heritage, cleanup will be extensive. “Redevelopment of the site will require additional remediation to protect human health and the environments from contaminants present atthe site,” the reportecd concluded. The levels of remediation would ultimatelg depend on the final use for the Residential redevelopment would bemore “We’re not surprised by the results,” Cammarata Rev.
Matthew Brown, head of the , is leading the effort to turn the property intoa $17 milliobn project, anchored by residential that would bridge the East Side with downtown Buffalo. The projec hinges on the city formally closing on the property withHowdeb Inc. “We are talking with Rev. Brown, so he is abreas t of what’s going on,” Cammarata said. Also during Tuesday’s meeting, BUDC directors learned they agency hopes to issue bid packages next monthb for landscaping and green space development packages for 20 acres of land that surround the Union Ship Canal in the heart of the Buffalo LakesideCommerce Park.
The green spacwe is designed to furtherr transform the property from a starl industrial site intoa suburban-styles office park. Tenants in Buffalol Lakeside include , and Cammarata said he hopes the greenm space work can star tin April. The projecty is being funded through state, federall and local grants.
Sunday, January 23, 2011
Manjrekar: Just a befitting finale - ESPN STAR Sports
http://www.orstudents.org/forums/member/180167/
CBC.ca | Manjrekar: Just a befitting finale ESPN STAR Sports รข€œThe decider in Centurion should be a befitting finale for such a tightly contested series, but unfortunately thundershowers are expected on Sunday. ... Set for a super game at SuperSport Park in Centurion 'Gen Next' of Indian cricket is taking centre-stage |
Friday, January 21, 2011
BofA, Wells to accept California IOUs - The Business Journal of Milwaukee:
http://journeytomorocco.com/2007/09/12/making-for-the-border/
BofA says the state’s budge crisis prompted its “To support our customers, while giving the state legislature additional time to pass a we will acceptCaliforniq state-registered warrants — or IOUs — from existint customers and clients,” Charlotte-based BofA says in a written San Francisco-based Wells (NYSE:WFC) says it is acceptinfg the warrants for the sake of its "We are reluctant to take this but are doing so to help our customerx who are not at fault and with the expectation that the legislature and governor will complete the budget within days," Wells says. On Wednesday, Gov.
Arnolx Schwarzenegger blasted state lawmakers for failing to pluga $24 billioh hole in the state budget before the start of the new fiscalp year. And he called a speciall session of the state legislature to fix thebudgey mess. Failure to pass a budget by midnight Tuesda increases the shortfall to morethan $26 billion due to the loss of education-relatef budget fixes, Schwarzenegger said at a presxs conference Wednesday. He also announced an executive order addinb a third furlough day each montgh forstate workers, a move expected to free up an additionao $425 million in the new fiscal Although the governor called for the special it is up to the legislature to schedule it.
When it will be held is yet tobe
BofA says the state’s budge crisis prompted its “To support our customers, while giving the state legislature additional time to pass a we will acceptCaliforniq state-registered warrants — or IOUs — from existint customers and clients,” Charlotte-based BofA says in a written San Francisco-based Wells (NYSE:WFC) says it is acceptinfg the warrants for the sake of its "We are reluctant to take this but are doing so to help our customerx who are not at fault and with the expectation that the legislature and governor will complete the budget within days," Wells says. On Wednesday, Gov.
Arnolx Schwarzenegger blasted state lawmakers for failing to pluga $24 billioh hole in the state budget before the start of the new fiscalp year. And he called a speciall session of the state legislature to fix thebudgey mess. Failure to pass a budget by midnight Tuesda increases the shortfall to morethan $26 billion due to the loss of education-relatef budget fixes, Schwarzenegger said at a presxs conference Wednesday. He also announced an executive order addinb a third furlough day each montgh forstate workers, a move expected to free up an additionao $425 million in the new fiscal Although the governor called for the special it is up to the legislature to schedule it.
When it will be held is yet tobe
Tuesday, January 18, 2011
Second recession deemed possible - Atlanta Business Chronicle:
http://mumbaiangels.com/deepak_shahdadpuri.html
Those odds may seem low, but they’rr actually high since double-dipo recessions are rare and the U.S. economy grows 95 percent of the time, says the chamber’xs Marty Regalia. He predicts the currentr economic downturn will endaround However, the unemployment rate will remain high through the first half of next year and investmenyt won’t snap back as quickly as it usually does aftet a recession, Regalia says. Inflation, looms as a potential problem because of the federal government’s huge budget deficits and the massive amount of dollarx pumped into the economy by the Federak Reserve, he says.
“The economy has got to be running on its own by the middl ofnext year,” Regalia says. Almost every majo r inflationary periodin U.S. history was preceded by heavy debt levels, he The chances of a double-dip recession will be lowee if Ben Bernanke is reappointed chairman of theFederaol Reserve, Regalia says. If President Barack Obama appoints his economic adviser Larry Summers to chairtthe Fed, that would signall the monetary spigot wouls remain open for a longer time, he A coalescing of the Fed and the Obama administrationb is “not something the markets want to Regalia says.
Obama has declined to say whetherd he willreappoint Bernanke, whose term ends in
Those odds may seem low, but they’rr actually high since double-dipo recessions are rare and the U.S. economy grows 95 percent of the time, says the chamber’xs Marty Regalia. He predicts the currentr economic downturn will endaround However, the unemployment rate will remain high through the first half of next year and investmenyt won’t snap back as quickly as it usually does aftet a recession, Regalia says. Inflation, looms as a potential problem because of the federal government’s huge budget deficits and the massive amount of dollarx pumped into the economy by the Federak Reserve, he says.
“The economy has got to be running on its own by the middl ofnext year,” Regalia says. Almost every majo r inflationary periodin U.S. history was preceded by heavy debt levels, he The chances of a double-dip recession will be lowee if Ben Bernanke is reappointed chairman of theFederaol Reserve, Regalia says. If President Barack Obama appoints his economic adviser Larry Summers to chairtthe Fed, that would signall the monetary spigot wouls remain open for a longer time, he A coalescing of the Fed and the Obama administrationb is “not something the markets want to Regalia says.
Obama has declined to say whetherd he willreappoint Bernanke, whose term ends in
Saturday, January 15, 2011
NutriSystem cuts jobs, ends ZeroWater investment - Dallas Business Journal:
http://gnomedepot.net/2006/07/17/eve-tv-a-primer-for-game-tv/
NutriSystem shares closed 10 percent lowed Fridayat $14.05. The Horsham, Pa., providet of diet meals servicew didn’t say how many peopld it had let go. A call to the person who handle s its investor relations was not immediately NutriSystem (NASDAQ:NTRI) said severance expenses relaterd to the job cuts will be amon the $1 million in one-timee pre-tax expenses it expects to incurf in this quarter. The work forcer reduction is part ofa cost-cutting program that NutriSystem announced in Apri l that is expected to reduce pre-tax expenses by $5 million to $8 milliob this year.
“During the first half of the year, we have continuesd to see lower consumer spending in the commerciap weightloss sector, further committing us to theses cost reductions for the secone half of 2009,” David Clark, the company’s chief financial said in a NutriSystem pressw release. Separately, NutriSystem said it is abandonin itsentire $14 million investment in LLC, a Pa.-based maker of a water-filtering system that does businesd as ZeroWater. NutriSystem will take a pre-tas charge of $3.6 million this quarter to writw off the rest ofits investment. NutriSystemm said the move will allow it to reduc its 2009 income tax payments byabougt $4.9 million.
Including the charges and tax NutriSystem said it expects to earn 26 to 30 centws per fully diluted share in thesecond
NutriSystem shares closed 10 percent lowed Fridayat $14.05. The Horsham, Pa., providet of diet meals servicew didn’t say how many peopld it had let go. A call to the person who handle s its investor relations was not immediately NutriSystem (NASDAQ:NTRI) said severance expenses relaterd to the job cuts will be amon the $1 million in one-timee pre-tax expenses it expects to incurf in this quarter. The work forcer reduction is part ofa cost-cutting program that NutriSystem announced in Apri l that is expected to reduce pre-tax expenses by $5 million to $8 milliob this year.
“During the first half of the year, we have continuesd to see lower consumer spending in the commerciap weightloss sector, further committing us to theses cost reductions for the secone half of 2009,” David Clark, the company’s chief financial said in a NutriSystem pressw release. Separately, NutriSystem said it is abandonin itsentire $14 million investment in LLC, a Pa.-based maker of a water-filtering system that does businesd as ZeroWater. NutriSystem will take a pre-tas charge of $3.6 million this quarter to writw off the rest ofits investment. NutriSystemm said the move will allow it to reduc its 2009 income tax payments byabougt $4.9 million.
Including the charges and tax NutriSystem said it expects to earn 26 to 30 centws per fully diluted share in thesecond
Thursday, January 13, 2011
Sundance's snowy carpet leads to diverse topics, talents - USA Today
http://cranetechnews.com/2009/03/09/crane-high-school/
Sundance's snowy carpet leads to diverse topics, talents USA Today By Sofie Silbermann, Sundance Film Festival By Claudia Puig and Anthony Breznican, USA TODAY An Iranian love triangle. A duplicate Earth. ... |
Monday, January 10, 2011
Hickenlooper taps Lt. Gov. to fill higher ed post - Denver Post
floor
Hickenlooper taps Lt. Gov. to fill higher ed post Denver Post Gov.-elect John Hickenlooper today named his incoming Lt. Gov., Joe Garcia, to pull double duty and serve as the executive director of the ... Double duty: Colorado's new lieutenant governor will oversee colleges |
Saturday, January 8, 2011
Privacy study shows Google
http://floatation-tank.com/floatation-therapy-featured-in-first-magazine/
Using trackers called “web bugs,” thirxd parties collect user data from many popularweb sites, and sitesd often allow this, even though their privacy policiex say they don’t share user data with others. “Weg bugs from Google and its subsidiaries were foundr on 92 of the top 100 Web sitew and 88 percent of theapproximatelyu 400,000 unique domains examined in the study,” the authors Sites with the most web bugs were for blogginfg — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Google itself was No. 3. Ashka n Soltani, Travis Pinnick and Joshua Gomeaz ofthe university’s information school wrote the published Monday.
They analyzed privacy policies posted on web siteds and found loopholes used by many site operators to allow thirfd parties to still collect data on who views Theyalso found, for example, that althougjh web sites may reassure visitors that “we don’t sharwe data with third parties,” those thirdf parties don’t include a company’sd affiliates — Google (NASDAQ: GOOG), for has 137 subsidiary businesses. “The law on affiliate sharingh generally ismore permissive” than that on sharinhg user data with third party the report said.
Companies controlling the top 50 busiest web sites had an average of 297 affiliates meaning they could share user data with a lot ofothedr companies. Popular site , for is owned by New York’s (NASDAQ: NWS), whichy has more than 1,500 subsidiaries. (NYSE: BAC) in Charlotte has more than 2,300 subsidiaries. “Users do not know and cannot learn the full range of affiliatees with which websites may share thereport said.
Though many Internet users are familiarewith “cookies” used to studh their surfing habits, they are less familiar with so-called “web which can’t be cleared out of a web since they are part of a web site’s HTML Since the web bugs are created directly by thirs parties, their use doesn’t strictly count as “sharing” of data by the web site’ s owner, though users concerned about privacy may be unimpressed by this technicality. “Ws believe that this practice contravenes expectations; it makes littld sense to disclaim formainformation sharing, but allow functionally equivalent tracking with third the report said.
Who's in charge of privacy?? Although surveys of Internet users show peopleare “veryt concerned about privacy and do not want websites to collecr and share their personal information without permission,” sifting through privacyu policies is not It would take 200 hoursa a year for a typical person to read the privacty policies of all the web sites they for example. Thus “users have no practical way of knowing with whom their data willbe shared.” On the policy the report finds “no one knowxs who is in charge of protecting privacy” in the United States.
Peoplee can complain to the Federal Trad e Commission andother agencies, but even the FTC’s “principlesw for behavioral tracking make no mention of any enforcementg or accountability.” A low number of complaints to variousd agencies means consumers don’y really know where to complain, the reportr said. The FTC looks at online privacu more in terms of doneto consumers, the report said, rather than also in terms of control over personal information, which is what most users care The report makes several suggestions for improvement, including more aggressive actionb by the FTC to protect online It also calls for clearer privacuy policies on web sites, written so that averagr users can understand them.
’s (NASDAQ: privacy policy, for example, when analyzerd for readability, was written at an equivalent gradd levelof 17.29. The averags privacy policy in the study was written at a grade levelpof 13.83. The full study can be foundf .
Using trackers called “web bugs,” thirxd parties collect user data from many popularweb sites, and sitesd often allow this, even though their privacy policiex say they don’t share user data with others. “Weg bugs from Google and its subsidiaries were foundr on 92 of the top 100 Web sitew and 88 percent of theapproximatelyu 400,000 unique domains examined in the study,” the authors Sites with the most web bugs were for blogginfg — blogspot and typepad were No. 1 and No. 2 on the list in and blogger was No. 4. Google itself was No. 3. Ashka n Soltani, Travis Pinnick and Joshua Gomeaz ofthe university’s information school wrote the published Monday.
They analyzed privacy policies posted on web siteds and found loopholes used by many site operators to allow thirfd parties to still collect data on who views Theyalso found, for example, that althougjh web sites may reassure visitors that “we don’t sharwe data with third parties,” those thirdf parties don’t include a company’sd affiliates — Google (NASDAQ: GOOG), for has 137 subsidiary businesses. “The law on affiliate sharingh generally ismore permissive” than that on sharinhg user data with third party the report said.
Companies controlling the top 50 busiest web sites had an average of 297 affiliates meaning they could share user data with a lot ofothedr companies. Popular site , for is owned by New York’s (NASDAQ: NWS), whichy has more than 1,500 subsidiaries. (NYSE: BAC) in Charlotte has more than 2,300 subsidiaries. “Users do not know and cannot learn the full range of affiliatees with which websites may share thereport said.
Though many Internet users are familiarewith “cookies” used to studh their surfing habits, they are less familiar with so-called “web which can’t be cleared out of a web since they are part of a web site’s HTML Since the web bugs are created directly by thirs parties, their use doesn’t strictly count as “sharing” of data by the web site’ s owner, though users concerned about privacy may be unimpressed by this technicality. “Ws believe that this practice contravenes expectations; it makes littld sense to disclaim formainformation sharing, but allow functionally equivalent tracking with third the report said.
Who's in charge of privacy?? Although surveys of Internet users show peopleare “veryt concerned about privacy and do not want websites to collecr and share their personal information without permission,” sifting through privacyu policies is not It would take 200 hoursa a year for a typical person to read the privacty policies of all the web sites they for example. Thus “users have no practical way of knowing with whom their data willbe shared.” On the policy the report finds “no one knowxs who is in charge of protecting privacy” in the United States.
Peoplee can complain to the Federal Trad e Commission andother agencies, but even the FTC’s “principlesw for behavioral tracking make no mention of any enforcementg or accountability.” A low number of complaints to variousd agencies means consumers don’y really know where to complain, the reportr said. The FTC looks at online privacu more in terms of doneto consumers, the report said, rather than also in terms of control over personal information, which is what most users care The report makes several suggestions for improvement, including more aggressive actionb by the FTC to protect online It also calls for clearer privacuy policies on web sites, written so that averagr users can understand them.
’s (NASDAQ: privacy policy, for example, when analyzerd for readability, was written at an equivalent gradd levelof 17.29. The averags privacy policy in the study was written at a grade levelpof 13.83. The full study can be foundf .
Wednesday, January 5, 2011
Human Capital: People on the move, June 5 - Philadelphia Business Journal:
andreychukuze.blogspot.com
, a Boston-based technology company serving students, educatorxs and employers, added Ted Fischer as executive vice president of partnerships andstrategic initiatives. Fischer was previously a partnetrat . Sun Life Financial namee Deschenes senior VP and GM of its annuitiex divisionThe U.S. divisiojn of , based in named Stephen Deschenes senior vice president and general manage r of itsannuities division. Deschenes joins Sun Life from , wher e he served as senior vice president and chieff marketing officer for the retirementincome group.
Furmanb Gregory LLC adds Deptula as partnef Furman GregoryLLC , a Boston-based corporate law firm now knownn as Furman Gregory Deptula, added Georgee Deptula as a partner. Deptula most recently practicerdat Vena, Riley, Deptula LLP, and continues his practice in trial and appellatwe cases, legal services, and mediation and ADR. William A. Berruy & Son promotes Corcoran as project designertWilliam A. Berry & Son Inc. , a Danvers-basef construction management firm, promoted Josiew Corcoran to project director.
She has served as a project managert at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm'se IP team Forrest Milder , a partnefr in the Boston office of Nixon Peabody LLP , was electee chairman of the American Bar Associatiomn ’s Forum on Affordable Housing and Community Developmentr for the 2009-2010 year. In other firm news, Nixon Peabody added Ravinderjiy “Ravi” Braich to its intellectual property departmeny in the Boston office as apatent specialist.
, a Boston-based technology company serving students, educatorxs and employers, added Ted Fischer as executive vice president of partnerships andstrategic initiatives. Fischer was previously a partnetrat . Sun Life Financial namee Deschenes senior VP and GM of its annuitiex divisionThe U.S. divisiojn of , based in named Stephen Deschenes senior vice president and general manage r of itsannuities division. Deschenes joins Sun Life from , wher e he served as senior vice president and chieff marketing officer for the retirementincome group.
Furmanb Gregory LLC adds Deptula as partnef Furman GregoryLLC , a Boston-based corporate law firm now knownn as Furman Gregory Deptula, added Georgee Deptula as a partner. Deptula most recently practicerdat Vena, Riley, Deptula LLP, and continues his practice in trial and appellatwe cases, legal services, and mediation and ADR. William A. Berruy & Son promotes Corcoran as project designertWilliam A. Berry & Son Inc. , a Danvers-basef construction management firm, promoted Josiew Corcoran to project director.
She has served as a project managert at the firm for the past nine Nixon Peabody's Milder elected chairman of ; Braich named to firm'se IP team Forrest Milder , a partnefr in the Boston office of Nixon Peabody LLP , was electee chairman of the American Bar Associatiomn ’s Forum on Affordable Housing and Community Developmentr for the 2009-2010 year. In other firm news, Nixon Peabody added Ravinderjiy “Ravi” Braich to its intellectual property departmeny in the Boston office as apatent specialist.
Monday, January 3, 2011
SkyWest to wind down Midwest service - The Business Journal of Milwaukee:
bhutan-warwick.blogspot.com
million unsecured note it holdds from in return for a payment from Midwes tof $4 million as part of a windinvg down of their air services agreement. St. Utah-based SkyWest has served as a provide r of Midwest Connect service forOak Creek-based since April 2007. Midwest said earlier this week that it has expandee an airline services agreementwith , in Indianapolis, undefr which Republic will fly a dozen 37- to 50-seatf Embraer jets to serve its Midwest Connectf routes. As a component of its ongoingfrestructuring plan, Midwest reached a settlement agreement with SkyWesrt Airlines to return the dozen 50-seatg Canadair regional jets SkyWest currently operatess for Midwest.
SkyWest said Wednesdayh that the 12 aircraft will be phased out beginninb this month and ending inJanuary 2010. The Midwesgt payment, which is being guaranteex by Republic, is slated to be paid to SkyWestg at the rateof $400,000 per aircraft as each is removed from service. "Due to recent economic event and the challenges Midwest has we haveworked hand-in-hand with them in developing a solutionm that works for both parties," said Bradforrd Rich, SkyWest's executive vice president and chief financial "We made significant concessions on their behalfv in July 2008, hoping it woulfd assist them in achieving their long-term objectives; due to recent events we determinedx that a wind-down was the best alternativd for both parties.
" SkyWest said it is "aggressively new business to place the 12 aircraft in alternative flight and believes the aircraft can be quicklg used to serve other airlinesw to minimize downtime. The aircrafft will then be returned to lessorss beginning in May 2010 and continuing through August 2010.
million unsecured note it holdds from in return for a payment from Midwes tof $4 million as part of a windinvg down of their air services agreement. St. Utah-based SkyWest has served as a provide r of Midwest Connect service forOak Creek-based since April 2007. Midwest said earlier this week that it has expandee an airline services agreementwith , in Indianapolis, undefr which Republic will fly a dozen 37- to 50-seatf Embraer jets to serve its Midwest Connectf routes. As a component of its ongoingfrestructuring plan, Midwest reached a settlement agreement with SkyWesrt Airlines to return the dozen 50-seatg Canadair regional jets SkyWest currently operatess for Midwest.
SkyWest said Wednesdayh that the 12 aircraft will be phased out beginninb this month and ending inJanuary 2010. The Midwesgt payment, which is being guaranteex by Republic, is slated to be paid to SkyWestg at the rateof $400,000 per aircraft as each is removed from service. "Due to recent economic event and the challenges Midwest has we haveworked hand-in-hand with them in developing a solutionm that works for both parties," said Bradforrd Rich, SkyWest's executive vice president and chief financial "We made significant concessions on their behalfv in July 2008, hoping it woulfd assist them in achieving their long-term objectives; due to recent events we determinedx that a wind-down was the best alternativd for both parties.
" SkyWest said it is "aggressively new business to place the 12 aircraft in alternative flight and believes the aircraft can be quicklg used to serve other airlinesw to minimize downtime. The aircrafft will then be returned to lessorss beginning in May 2010 and continuing through August 2010.
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