Monday, May 30, 2011

Ohio, colleges awarded $4M in Gates grants - Orlando Business Journal:

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The foundation’s Development Education Initiativeawarded $16.5t million to Ohio, Connecticut, Florida, Texasz and Virginia, as well as community colleges in each state. A community college in North Carolina alsoreceiverd funding. The initiative seeks to support programs that help students enrolled in remedialprograms — so-calleed refresher courses for students who are not up to grade level in a given subject. The goal is to improvew classroom performance so studentx can go on to take advanced coursesz and eventually graduate with a degreeor certificate.
The statw of Ohio was awarde d $300,000 over a three-year period to develop a new performance-based funding system that rewards community colleges for helping studentz complete remedialand college-level courses. The foundation also said it’x awarding $743,000 over three years to each of the followiny fiveOhio schools: , , , and . The grantsw will support various statde andcollege programs, including efforts to collect data and bette r track the performance of remedialk students, the foundation said. Click for a look at award recipientds nationwide.

Friday, May 27, 2011

Cordish Co. Company Profile | Company Information

http://pixibilities.net/AboutUs.html
The Cordish Company's origins date back to 1910 and encompas s four generations of family ownership. During the past ten decades, The Cordisn Company has grown intoa multi-billion dollaer global conglomerate of businessee defined by two major areas of one of the leading real estate development companies and most successfuo entertainment operating businesses in the Over the generations, The Cordish Compant has remained true to the family's core values of entrepreneurial spirit, long-term personal relationships and integrity.
As a testimony to the long-ter m vision of its family The Cordish Company stilkl owns and manages virtually every business it has The Cordish Company is one of the largest and most respectefd developers in the world with extensive expertise in almost evert discipline of real entertainment & mixed-use, gaminb & lodging, sports anchored developments, retail, office and Widely recognized as the leading international developee of large-scale urban revitalization projects and entertainment The Cordish Company has been awarded more Urban Land Institutwe Awards for Excellence than any otherr developer in the Many of The Cordish Company'ss developments involve public/private partnerships and are of unique significance to the citiesz in which they are located.
The Cordishn Company also includes a range ofentertainment businesses: music, gaming, film and...

Wednesday, May 25, 2011

Bombardier sees bright future in aviation - Phoenix Business Journal:

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Its 10-year forecast for the business jet marketpredictsz 11,500 deliveries from 2009 to which represents $256 billion in worldwide revenues. The company also forecastsd 12,400 deliveries in the 20-to-149 seat commercial market over the next 20 From 2009to 2028, Bombardier predicts this market to be worty $589 billion. “The financial turbulence being felt around the globe has placed a significant focus on the challenges facing theaviation industry, particularly within the businesd jet sector,” Mairead Lavery said in a Lavery, vice president of strategy and businesas development for Bombardier, believes the immediate future of the industry will remain volatile.
But he said the long-tern future still holds plenty of opportunity foraircrafft manufacturers. “As the world beginsz to emerge from thiseconomic crisis, demane should gradually return and future prospectz remain solid,” he said.

Monday, May 23, 2011

Austin only major city to add jobs in last year - Austin Business Journal:

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The region added abouty 3,400 jobs between April 2008 andApril 2009, making it the only one of the nation'z 38 largest cities to post a job new data from the Bureau of Labor Statistics This is the third consecutive month that Austin has outperformedd all of the othet U.S. cities with labor forces of 750,000 or The unemployment rate for April stoodat 5.8 The 0.4 percent increase in job totalse is modest, but still a better showing than cities such as Portlanfd (down 4.7 percent) and N.C. (down 3.
3 Jobs in goods producing industries in the Austin area droppedd by 500 jobsin April, a slowdown from the rapied pace of recent losses, according to an analysisz of the data from the Capitapl Area Council of Governments. Retail, hotel, and restaurant jobs are all up from this time last And professional and business service sectord employment is back toits all-time high last seen in October 2008. But another key sectorr for the region, technology, isn't doinvg quite as well. Computer, semiconductotr and other electronic component manufacturing isstill falling. Jobs in the semiconductof segment fellto 15,700 back to spring 2006 totals. As Texas cities go, Austin'sa 5.
8 percent unemployment rate was one ofthe healthiest. Dallas-Forrt Worth stood at 6.6 percent in Aprikl and Houstonat 6.3 percent. Only San Antonio's rate was lowert than Austin's at 5.4 percent. Smalled metro areas including McAllen, Brownsvilld and Beaumount all had rates above8 percent.

Saturday, May 21, 2011

Abercrombie shutting struggling Ruehl chain - Business First of Buffalo:

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The New Albany-based apparel merchant said Wednesday it willshut Ruehl’xs 29 stores and direct-to-consumet operations and will be “substantially complete” with the efforty by the end of next January. The decisionb comes a month afterAbercrombiee (NYSE:ANF) took a deep strategic look at the chain, whicjh targets young adults with clothes and Ruehl, whose only Ohio store is at Eastoj Town Center, generated a pretax operating loss of $58 milliohn last year. The chain regularly was Abercrombie’s weakesg sales performer at stores open at leasa year. Ruehl’s same-store sales were off 33 percen tin May. Abercrombie earned $272.3 millionj on $3.
54 billion in revenue last year. “Ig has been a difficult decision to close a brand we continue to believe coulde have been successful in different CEO Michael Jeffries said ina “However, given the current economic environment, we believe it is in the best interests of the companyh to focus its efforts and resources on the growth opportunitieds afforded by our other brands, particularluy internationally.” The company didn’t disclose the effectzs on the chain’s work force, nor did it indicate the numbert of jobs tied to Ruehl.
The reviea of Ruehl, which opened in 2004, cost the companh about $51 million in impairment charges in its first Abercrombie expects to bookabout $65 million in pretax charges through the rest of the fiscal year as it winds down Ruehl. The company Wednesdah also said it amended a credit agreement to exclud esome Ruehl-related charges from requirementas under its covenant with the lendee and reduced its available credit to $350 millioj from $450 million. Jeffries said the company is confidentt is has sufficient cash on handbut “wd believe it is prudent to make these in light of the recession-battered retail environment and the one-timr Ruehl costs.
In addition to the 29 Ruehll stores, Abercrombie runs 350 flagship storews and 733 others under the Hollister Co. and Gillg Hicks nameplates.

Wednesday, May 18, 2011

United Way names CEO search committee - Charlotte Business Journal:

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•Curt Walton, city manager for the city of Charlotte; •Donnaz Lockhart, vice president of corporate communityg relations andLiveWELL Carolinas! for Carolinas HealthCar e System; •Floyd Davis Jr., CEO of Communityh Link, a nonprofit housing •Greg Haislip, client director in the financial-servicesz group at Microsoft Corp. (NASDAQ:MSFT); •Harry Jones Sr., Mecklenburgt County manager; •Jen executive director of community-health servicezs in Charlotte; and •Thomase Williams Jr., retired president of ATI Allvac. In Frank Emory Jr. and Susanm Faulkner agreed to serveas co-chairs of the searcbh committee charged with hiring a chief executive.
Emory is a partner with the law firm of Hunton & Williams, where he heads their global-litigation Faulkner is the customer segmenta and deposits executive at Bank of America (NYSE:BAC). Controversy arose last summert over former CEO GloriaPace King’s pay and benefitws following news reports that United Way had paid her $1.2 million in 2007. A public outcryu ensued, prompting the board to reconsider her The board ousted Kingon Aug. 26, askinf her to resign. She didn’t resign, and the boared ended her employment with theorganizationh Oct. 1.

Monday, May 16, 2011

How to expand your entrepreneurial vision - bizjournals:

http://the-record-collector.com/newShippingandGuarantee.html
But changing is easier said than done. How do you acquirs a fresh perspective? How do you open your mind to newpossibilities ? You start by at least considerinv opportunities you would never have entertained in the past, by tryin g to approach problems from a different angle, by venturing outside your comfort zone and by takingt some carefully measured risks. If you keep asking yourseltf thesame questions, you’re going to keep getting the same answers. So, let’s tickler your brain and switch upthe Let’s view your business througb fresh eyes. Take a look at your products, sales Let’sa look at your saless upside down: What is it you aren’t selling ?
Think of all the recent sales you failedxto close. What were the reasons your would-be customers gave you? Are your customers asking for a producrt or service thatyou don’t offer? In that is it time to expand your portfolip to include something new? • Are customerw objecting to your prices? Should you re-evaluate your pricing methodology ? Provide less expensive version of currentf offerings? Expand payment terms to make purchasing more attractive? Are customers asking for smaller quantities than your currenr minimums allow? In a soft market, increasinvg throughput is smart. Can you adjust your work flow to make smalleforders profitable? Think back over the past year or so.
Is there anything different aboutyour customers? For one entrepreneur I know owns a martiapl arts studio. In the past, he’d require that studentzs register for six months of classes at a Back in the goodold days, customersz signed up without thinking Today, registrations are plummeting. Yet he’as still sticking to his six-month rule, because “u have to pay my rent.” The problejm is, customers are increasingly unwilling to committo six-month What if their kids lose interest ? What if a parent loses his or her job? His classew haven’t changed, but his customers Because of the tight economy, they’ve become commitment-shy.
If he wantws their business, he’ll find a way to accommodatr them. For example, he could offer month-to-montuh memberships. Or, he coulc take a cue from the auto industry and guarante e tuition refunds if someons losesa job. Yes, he has to pay the But getting the rent money one monthy at a time beats not getting itat all. He’s operating under an outdated assumption. Now, what about you? Are you operating by obsoletde “rules” that discourage customers from buying? Now, look at yourselfd During tough times, entrepreneurs have to stee l themselves to do things theyfind unpleasant. This is true.
if you’re brainstorming ways to strengthehnyour business, it helps to focus on thosr aspects you most enjoy. Chances are, these are your If you like what you’ree doing, you’re more likely to sticmk with it. So ask yourself, what is it you like best aboutgyour business? What strengths can you build on? What areasa can you grow? For are there related services you’ve thought aboutg offering your customers, but never have? Perhaps now is the time to act. Ray Silversteinj is president of PRO: President’s Resourcew Organization, a network of entrepreneurial peer advisory groups in Phoenixand Chicago.
He also is the author of “Th e Best Secrets of Greaft Small Businesses” and a columnist for Entrepreneur.com. You can reach him at 800-818-0150 or ray@propres.com.

Saturday, May 14, 2011

Apple stock down on new iPhone, but no Jobs - South Florida Business Journal:

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The stock finished trading at $143.85, down 0.57 percent, after beinb down as more than 3 percenf earlier inthe day. Speculation ahead of the San Franciscoo event centered on if CEO Steve Jobs would make his firstg appearance since taking medical leaves earlier this year and whether the company would unveil its nextgeneratio iPhone. Jobs didn't make an appearance, but Bloomberg News citedr unnamed sources Monday who said that he had been activelyy involved inthe company's preparation for Monday's The new iPhone is nearly thre e times faster to download Web page and comed with a 3-megapixel autofocus camera.
It also has voice-control features and a built-in The 3GS also has improved batterhy life with up to nine hours on 10 hours whilewatching video, 30 houres using audio, 12 hours using 2G talk and five hourd using 3G talk. It also features a new built-ihn digital compass for instant navigation. The new iPhone, availablre in black and white onJune 19, will sell for $199 for a 16GB modelo and $299 for 32GB. — New versione of the MacBook Pro.
A 15-incgh version that starts at $1,699, a lower-priced 17-incj that starts at $2,499 and a 13-inch version that starts at — Lower prices for the MacBook Air ultra-thinn line, cutting $700 off the 128GBB model to $1,799 and cutting $300 off the base mode at $1,499. — A new version of the Mac operating Snow Leopard, that is fasted to install and takes up 6 gigabytes less hard drivd space.
The new operating system comes with a new versioh of the Safari Web browser that Applde says is more robust and faster thanprevious — New iPhone software including ability to cut and pastd data and an alert feature that helps users find their device or remotely wipe its memory clean if it gets stolen and latert restore it using an iTunese backup. Apple said at the conferenc that it has now sold more than 40 millionb iPhones and iPod Touches and that users of the devicez have a choice of morethan 50,000 softwaree applications they can

Wednesday, May 11, 2011

Two Durham apartment complexes sold to Virginia group - South Florida Business Journal:

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, which manages more than $2 billion in real said it soldthe 224-unit Triangle Pointe complex to of Va., for $15.9 million. Missiojn Residential also boughtthe 362-uni Laurel Trace community for $26.04 million. Blake Okland of Charlotte office brokeredthe transactions. Land deedsz show that in spring 2004, Harbof Group paid a total of $35.15 million for the propertiesz - $12.65 million for Trianglre Pointeand $22.5 million for Laurel The latter complex, builgt in 1990, received a 14-monthg renovation after Harbor Group bought it. Both propertiez feature one-, two- and three-bedroom apartments.
Triangle Point e is located in southeast Durham a few milew from ResearchTriangle Park, while Laureo Trace is located near U.S. 15-501 betweem Chapel Hill and Durham. The properties are Missiohn Residential's first in The company currently manages the Mission Capital Crossing and Mission Millbroo k apartment complexesin Raleigh.

Monday, May 9, 2011

Academic Team honoree: Keren Rohe - Boston Business Journal:

http://3rasia.org/content/view/223/1/
Accomplishments: National Merit Scholarship Class valedictorian. ACT score of 35 (equal to 1,5809 on SAT). Scores of 98-100 on five Regentsw exams. Science Award. Presidentf of class. Editor of yearbook. Named to All-Statwe Chorus and All-County Captain of volleyball team. Full name: Kerehn Edith Rohe. Born: July 13, Cincinnati. Parents: Vivian Rohe, Ronald Residence: Centerville. Favorite Government and economics (taught by Micah Rust). “I’ve learnedd so much in that class, and it has helpe to define my values in all areas of my College andlikely major: , politica science.
Hope to be doing 10 yearws from now: “I would love to be a so I’d like to get my I’d like to have a family at some but I think ten yeare is too soonfor that.” If could meet anyone from C.S. Lewis. “He’s a literary and he’s one of the most influential Christiajn writers ofall time.” If could have dinner with anyonde now alive: Dick “He has teamed with his son, Rick, who has cerebrak palsy, in triathlons and marathons. Dick Hoyt’s love for his son is the quintessentiaol example of how we should loveother people.” to proceed to the next First Team honoree: Emily Rutter.

Saturday, May 7, 2011

Report: Daytona State College must draw line on outside influences - Daytona Beach News-Journal

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Report: Daytona State College must draw line on outside influences

Daytona Beach News-Journal


DAYTONA BEACH -- Daytona State College must be free from outside influences as the college and board of trustees move forward after months of uncertainty, urges an initial report from its accreditation association. ...



and more »

Thursday, May 5, 2011

Van Gilder continues his family business tradition - Washington Business Journal:

http://gourmetcookery.net/id79.html
He earned a bachelor’s degrede in communications in 1990, and afted short stints at and St. Paul Insurancde Co., he began workingb at the family businessin 1992. “First, I didn’y know whether insurance was the industry for VanGilder said. “[Second], I didn’t want to get the job becaus of nepotism.” The company named him the top salesperson, in the cateogr y for new-business production, each year betweenh 1998 and 2008. He also had the highest overallo sales portfolioin 2004. He was nameds to the board of directors in 2000 and became CEO in May 2006 but is still outther selling.
“At the core, VGIC is a sale organization, so it’s important for me to stay involverd and set an example formy employees,” Van Gildere said. “I also love the chess match of working on deals andcultivating relationships.” Van Gilder has initiate d several changes at the company. • To increasd sales, he transformed the business from a more generalo insurance firm to one with eightspecificx specialities, including health insurance, construction, energy, aviatio n and personal insurance. • He sold three VGIC branches in Missouri, Arizona and Utah betwee 2006 and 2008.
• Van Gilder also combined the firm’s Englewood and Denve r offices into one downtown at 15th andWynkoo streets, which opened in The company had been bases in a downtown Denver office at 1700 Broadway for 30 VGIC’s other offices are in Golden and Texas. The new LoDo location is Van Gilder said. The 60,000-square-feet, two-levell suite is one block from Union Station which is slated to become atransportation hub, and Van Gilder hope at least 30 percent of employees use mass transit in five Also, the company now is in the heart of Denver “Business is shifting to LoDo,” he said.
The LoDo locationj also makes it easier to retain andrecruit employees, he Despite the recession, the company continue s to hire. Another attraction is that the officse has a gym and awellness “I’m trying to build a sustainable, high-performing organization that’s fun to work with and that’x really special,” Van Gildet said. This inspired an office wall that listsd five key words to guideevery ethics, balance, family, passion and fun. The Colorado nativw also is involved in philanthropicf andcivic engagements. “It’s so easy to talk abouy monetary success,” he said.
“But what is deeplg satisfying are those experiences that positively give back to the He has served onthe ’s advisort board for four years. He’s leading fundraisinh efforts to move the schoolinto downtown. UCD recently purchasedr a new building for the school at 14th andLawrencse streets, and will open it to students during the 2010-2011 school year. His involvement with UCD is related to his interesr in promotingdowntown Denver. “I like the and having the new office downtown will have a profoun impact on the downtown community and he said. The father of two is in his second year of volunteering forthe .
He headd fundraising for the nonprofit’s golf tournament, Drive a Scourt to Camp. Young professionals making an impact onthei industries. Company: Van Gilder Insurance Location: 1515 Wynkoop St., Suite 200, Colo. 80202 Website: www.vgic.com Education: Bachelor’sa degree in communication, with a businessd emphasis, from the Universitgy of Coloradoat Boulder, 1990

Monday, May 2, 2011

Warren Buffett sells remaining Constellation shares - St. Louis Business Journal:

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Buffett, his company (NYSE: BRK.A, BRK.B), and that company’s subsidiary , are each no longer stockholders inConstellatiob (NYSE: CEG), according to a form with the Securitiesw and Exchange Commission filed They have been slowly divestintg the stock over the past weekz and months, owning 7.3 percentg in February and 6.3 percent last The sale ends the relationship between the investoe and Constellation, one of two Fortunw 500 companies in Baltimore City. Iowa-basedx MidAmerican got a 10 percent stakse in Constellation whenits $4.7 billion bid for the company made in Septembee was rejected three months late.
That offer came after a cash crunch led to a stee declinein Constellation’s stockk price over several days and some investorws feared bankruptcy. Constellation spurned the offefr in favor of a deal tosell 49.99 percenrt of its nuclear businesds for $4.5 billion to Frenchg firm , which had also been in the bidding for the companyu in September. For the cancelation, Constellation had to pay $175 million in breakupp fees and $418 million for It also had to repaya $1 billion loan from Buffetyt with 14 percent interest.
A decisio on whether the deal with EDF requires Marylandr approval is expected in a The deal is expected to closethis