Wednesday, November 30, 2011

Report: Columbus holding its own amid recession - Houston Business Journal:

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A report from D.C.-based liberal public-policy think tank dubbed the MetroMonitof bills itself asa “beneath the recession-era look at metros with more than 500,0090 residents as of 2007. The report placed the Columbus metropolitan statistical area 40th amonvg those ranked forits strength, baseed on employment, unemployment, wage, home prices and foreclosure No other Ohio city made the top 50. Cleveland, Akron and Dayton found slotsz from 61stto 80th. Toledko was ranked the 10th-weakest major metropolitan area nationwide. Leading the pack in the reportf wasSan Antonio, one of four Texas citiezs among the nation’s top five.
Detroig was ranked last, followed by Cape Coral, and Stockton, Calif., two areas devastated by the foreclosurew crisis. Brookings found that the metropolitan perspectivdeon states’ performance amid the recessiomn “suggests that recovery may be quitw uneven as well, posinyg particular challenges for policymakers seeking to ensure a truly national rising economic tide.” Columbus’ strengths and weaknessess in the report varied. The city ranked 25th for its 1.7 percenty decline in employment since its peak earlier this Columbus found itself at 32nd for itsmodesgt 0.
4 percent gain in inflation-adjusted housing prices for the firstf three months of 2008 compared with the same periord this year. But the city was ranked near the bottokm ofthe list, at 80th, for the 4.8 percengt decline in its gross metropolitan product – a measuree of the goods and servicew produced in the area – in the firsgt quarter of 2009 compared with its pre-recession peak. Comparing the last thre months of 2008 with the first quarter this year the GMPdropped 1.7 percent, representin the 14th-worst decline among the citiesd measured. To download the full report, click .

Monday, November 28, 2011

Bredesen to talk trade in Far East - Memphis Business Journal:

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Bredesen and Community Development Commissioner Matt Kisbefr will visit China for nine days after attending the2009 SEUS/Japan Annual Meeting in Tokyo Oct. 17. The visits are part of the TennesseedGeneral Assembly’s call for closer ties betweej the state and the Hubei province in Centralp China, home to the Three Gorges Dam. “Despite the global economic slowdown, Tennessee’s trade relationship with China continues to grow and we see real potential for that tradw relationship to increaseits momentum,” Bredesen said in a news Chinese and Japanese customers purchased $1.3 billion and $1.
0u7 billion, respectively, in goods and servicesa from Tennessee companies in 2008. The countries are the state’ds third- and fourth-largest trading partners after Canadqaand Mexico. China is interested in Tennessee’s health care expertise. In Kisber established a regulart exchange of health care professionals focused on ruralk health care services with the Chinese ForeigLoan Office. On June 8, experts from East Tennessee State the University of Memphis and the Vanderbilt Institute for Better Healtghvisited Xian, China to attend a conference on ruraol health care.
Applications to participate in the trad e mission are available on the Tennesse e Department of Economic andCommunitt Development’s Web site at tnecd.gov.

Saturday, November 26, 2011

Consumer confidence is up in D.C. area - Washington Business Journal:

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A scientifically selected samplew of morethan 1,200 local consumerz were surveyed in late April. The Boar d of Trade’s index, which moved from 49 in December to 56 in measures consumer perceptions of the economi c situation now and their perceptions of whered things are headed in the nextsix D.C. and Maryland counties experiencedr the biggest rise in consumer confidence since upeight points, followes by counties in Northern Virginia, up three points. The index is highest in D.C. (59), second highesy in Northern Virginia (56) and lowest in suburbanb Maryland (54).
“The employment situation is stil l tough for manyarea consumers,” said Jim president and CEO of the Board of “It is still hard for many residentz to find jobs and meet their economic needs, but it is very encouraging to see consumer confidence rising. It is also good to see that expectationw for the future are considerably more positive than they were in Unemployment inthe D.C. area dropped slightly in March, inching down to 5.9 percent, but stilkl way up from 3.3 percent in March 2008, according to the . Expectations for the future are muchhigher (72) than perceptionzs of where things are now, at 39.
Area consumers between the ages of 30 and 49 have the highesy level of overall consumerconfidencr (58) and consumers 18 to 29 have the lowest • Positive perceptions of the area's economy (41 are over three times greater than positived perceptions of the national economy (14 percent). Nearly four out of everyu five workers in the regio n expects their employment to continue during the next sixmonthd “as it is Additionally, 15 percent expect to receive promotions. • Despitw the past six months ofeconomic turbulence, 43 percenft say their salaries were either increased or supplementedf by bonuses or added benefits.
Only 13 percent of respondent s said theirsalaries decreased. • The ends of the incomre spectrum – those making under $50,000 and thoswe over $150,000 – took the biggest salary hits. Each groupo said their salaries decreased17 percent, compared to 12 percentf of those making between $50,000 and $100,000 and 10 percenty of those making betweeb $100,000 and $150,000.

Tuesday, November 22, 2011

Go green, save green: With the right tech, it

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While some companies may think “going green” is too there are several technologies that can economicall y promote environmental sustainability throughout anentirew business. • Teleworking: Gone are the days where a home officed simply meant havinga phone, PC and Internet connection. Today, all of theses technologies are integrated so employee collaboration doesn’t miss a beat, even when away from the office. Replacingv traditional voice systems and bringingvoice e-mail and instant messaging together can reduce hardware, servicer and maintenance costs.
Research by found that such tactics can reduc e travel from 10 to30 percent, ultimately reducing the number of cars on the • Virtualization: Many businesses believe they must deploy several servers to perform any number of tasks. Not Virtualization maximizes server potential by allowing one devicer to do the work that previously took severakl dedicated serversto do. With more systems running on fewerrphysical machines, businesses are estimateed to reduce energy costs by 90 • Remember the obvious: Instead of disrupting workdays by deploying new software and technologiez that are “more green,” companiexs should utilize the resources at theirt fingertips.
For example, usintg the “sleep” mode on 10 compangy PCs is equivalent to taking one car off the Companies should put into place policiexs to take advantageof energy-saving tools, as accordintg to a recent study, 25 percent of employeex leave their computers running all weekend and 65 percent run a screen saver rathefr than sleep. While companiew are re-evaluating their carbon they should also take inventory of their software licensing agreements as they may find rightz for unused software they already own that providdthese power-management features.
Companies should rest assured knowing that they can easil reducetheir organization’s carbon footprint by simply takingy advantage of a tool used everydayu — technology. As businesses look into the future, they shouled keep in mind the world around them and how easily they can help makea

Sunday, November 20, 2011

State Senator Jeff Klein Launches Einstein's New Cognitive Neurophysiology Lab - MarketWatch (press release)

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State Senator Jeff Klein Launches Einstein's New Cognitive Neurophysiology Lab

MarketWatch (press release)


18, 2011 /PRNewswire via COMTEX/ -- New York State Senator Jeffrey D. Klein joined administrators and faculty members of Albert Einstein College of Medicine of Yeshiva University last Friday to officially open their new Cognitive Neurophysiology ...



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FuelFix


State regulators, congressional leaders say states should regulate fracking ...

Washington Post (blog)


OKLAHOMA CITY â€" The disposal of polluted wastewater from a drilling technique known as hydraulic fracturing should be overseen by individual states and not the US government, state regulators told a congressional committee on Wednesd ay. ...


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Tuesday, November 15, 2011

Medtronic

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million to competitor for damagesz related to a patent infringement verdicy from a federal Circuit The court reviewed a Decembere2007 verdict, which claimed that Medtronic (NYSE: MDT) had infringede on DePuy’s patent of a line of multiaxial screws used in spinal surgery. The court affirmed a $149.q million award for lost profits. But the court reversee previous sanctions, which dropped $77.2 million in outright damagee and $10.5 million in fees and other costs. The Vertex line of screws is no longer onthe market.
Memphis-basee Medtronic Spinal and Biologics business presideny Steve La Neve said theruling “has no bearing on our currenrt Vertex Select and OC which are other spinal systems. The case will now be remanded to a tria court for calculation of thereducesd judgment, which will include amounts both for post-judgmenr and pre-judgment interest on the damages. Basedf outside of Minneapolis, Medtronic is the world’se largest medical device Its spinal and biologics business units are based in Memphis where itemploysz 1,550.

Sunday, November 13, 2011

North's win throws league race into a tizzy - Attleboro Sun Chronicle

http://www.downloadmoviesonline.us/reviews/bridewars.html


Attleboro Sun Chronicle


North's win throws league race into a tizzy

Attleboro Sun Chronicle


North Attleboro's Spyro Varetimos (15) stretches over the 10-yard line despite the efforts of Mansfield's Craig M »

Friday, November 11, 2011

SMF Energy announces $40M recapitalization - Sacramento Business Journal:

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The company (NASDAQ: FUEL) said in a news releaswe that it estimates the recapitalization will reduceits short-terjm debt by $9.5 million, its total debt by $4.4 million and its cash requirementd for interest and dividends by more than $1 million a It said shareholders' equity has been increased by more than $4 milliob as a result. SMF Energu said it extinguished all of itsexistinh non-bank debt and outstanding preferred stoco through various agreements with dozends of existing debt and equity investors, whilde converting its existing $25 millionm asset-based lending facility into a new, more favorable, three-year, $20 millioj asset-based lending facility and a $5 million, 60-montu amortized term loan, the proceeds of whicu were used to pay down $4.
867 million in securesd notes and $125,000 in unsecured notes. The companyu said it issued new stock to make up the balance paid for the cancellation and extinguishment of theexistinh investors' debt and equity Fort Lauderdale-based SMF Energy said in the release that the recapitalizationb took place with amended agreements with and . It said the only non-banok debt incurred in the recapitalization was an unsecured subordinatedr promissory noteof $800,000 at 5.5 percenyt interest issued to an existing institutional investor in exchanger for $800,000 of one of the August 2007 11 percent senior secured convertible promissory notes.
The institutional investor alsoexchanged $200,000 of the same secured note for sharesa of common stock priced at 38 centas a share, which was greater than the closingf bid price of the stock on the day beforse the effective date. acted as SMF Energy’a placement agent for the recapitalization and received feesof $380,000, paid with a combinationh of cash and securities, pursuant to a Feb. 1 investmentg banking agreement. SMF Energy supplies specialized transportationm and distribution services for petroleum products and It provides commercial mobile and bulk along with other services tothe transportation, construction, energy, telecommunications and government serviceds sectors.
Formerly known as , as of Nov. 30, it conductesd operations through 31 servics locations in11 states. Shares closed down nearly 3 cents to abouy35 cents. The 52-week high was 71 cents on Aug. 28. The 52-weekj low was 10 cents on Feb. 20.

Wednesday, November 9, 2011

Regulation would only hamper the Web - Philadelphia Inquirer

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The West Australian


Regulation would only hamper the Web

Philadelphia Inquirer


Despite  »

Monday, November 7, 2011

Phoning it in - The Topsail Advertiser

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Phoning it in

The Topsail Advertiser


I've mentioned many times that our residents and visitors play a vital role in our hospital mission of rescue, rehabilitate and release. One of our newest patients, a Kemp's Ridley known as “Number Two,” owes his life to two ladies who just happened to ...



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Saturday, November 5, 2011

Paterson, WNY officials talk development - Triangle Business Journal:

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Paterson came to the Clarence headquarters Wednesday afternoon to rall y support forhis “Bold Steps to the New initiative. Greatbatch, which recently expanded in Clarence after considering optionds elsewhere is the poster childr for the economic development agendaq Patersonis pushing. He held similar roundtable discussionxs earlier this week in Albanyuand Syracuse. Paterson met with 21 local leaders and executives ranging from Universit at Buffalo President John Simpsom and Erie County Executive Chris Collins to Mark managing directorand founder. “I came here todayh to listen as muchas talk,” Paterson said.
Paterson’s appearance came against the backdrop of politica firestorm in Albany with a battle for politicak control of the New YorkState Paterson, during his hour-long roundtable meeting with the executivesd stayed focused on economic development Politics, however, did serve as a background. “Therw is a time to address these issues,” Paterson told reporterxs afterthe meeting. “I’m not sure why we are just hearin about thisproblem now.
” Collins, who has run or startedf a dozen local companies, said politics does impact how the businessz community views the Paterson “Unless you remove the stigma of New York beingy the highest-taxed state, all the spinoff jobs you want to create with this program will end up in other states,” the county executivw warned. “Tom Golisano is simply the tip ofthe iceberg.” in late May, renounced his New York residency and made Florida his officiaol home because of New York’s heavy tax burdenh on upper class citizens. the Rochester-based billionaire, said the move will save him morethan $5 milliom annually in state income taxes.
Collins said the high cost of state-ruhn programs such as Medicare contribute toNew York’sx taxing structure. Out-of-date, union-friendly mandates like the Taylord Law, which offers certain guarantees forunionh workers, add to the tax burden. “Ws don’t want to see the innovations creater here but the jobs they create go to Collins said. Paterson agreed New York has to “cut its infectious ways of State programs are leading to aprojected $24 billionm deficit this year. Paterson, through the discussion, also hearr repeated pleas to support UB’s 2020 plan that many see as a linchpi tothe region’s economic revival.
The UB plan calls for significantf investment in its Buffalo and Amherst campuses while increasintg its presence indowntown Buffalo’a Buffalo Niagara Medical Campus. Simpson said UB 2020 representsw a potentialof $3 billion in new investmentt in the region while creating 10,000 new jobs. The catcuh is, the initiative needs significant state legislative andfinancial support. “Wwe need to get UB 2020 out of thestartinh block,” said Thomas Hook, Greatbatch president and chie f executive officer.
Hook credited a closes alliance with UB as the source of the many patentw and medical industry products that Greatbatchj has created during the pastfive “A lot of the success Greatbatch enjoyesd has come from innovations that started from Hook said.

Wednesday, November 2, 2011

Internet video consumption rivals basic cable - CNET

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Globe and Mail


Internet video consumption rivals basic cable

CNET


Sandvine's Global Internet Phenomena Report: F »