sábado, 31 de marzo de 2012

Penn National Gaming taking

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The Wyomissing, Pa.-based owner of Charles Town Racesx and Slots said it would consider working on a proposakl at the Anne Arundel County racetracki should an application for a facility at Arunde l MillsMall fail. But it’s not actively pursuinbg the opportunity, spokesman Eric Schipper said. And that wouldn'tg fit within the slots licensing process, anyway, said Donald C. Fry, chairmanj of the state commission overseeingslots “We’re taking a wait-and-se approach,” Schipper said.
The Baltimors Sun reported Tuesday thatPenn National, whichn has a pending license application for a slots parlor in Cecil was chomping at the bit for an opportunity at Laurekl Park because it appears possible that the Arundeo Mills site could fail to get zoningv approval. State law allows only one slots parlord inthe county. A snag in the zoning process wouldn’t be enoughh to kill the ArundelMilld proposal, put forth by Baltimore developef the The state slots commission’ws review of Cordish’s application is ongoing untip the fall, Fry said. Only then will there be a finapl decision to accept or reject the he said.
From there, the commission would have to put out a requesy for new bids on the slotsz license in AnneArundel County, Fry And Penn National couldn’t make such a bid on its own becausw applicants are limited to one “There is only one valid [Annre Arundel County] proposal before us at this time, and that is the Cordisb proposal,” Fry said. The county council has delayed voting on a slotas zoning designation for the Arundelk Mills sitefour times, most recently Monday. It’ s slated to come up againh next month, but it’s not cleadr if that will happen becaus e Council Chairman Edward Reilly is expected to take an open statde Senate seat beforethat meeting.
, the Canada-basex owner of Laurel Park andPimlicpo racetracks, had applied for a slote license at Laurel but its application was rejected outrighr because it lacked a required $25 million in up-front constructioh financing for each 500 slot machines. Since then, the company filed for bankruptcu and could end up sellinb one orboth , a Magna subsidiary, also filed a lawsuift that is pending in the Maryland Courg of Special Appeals. The group argued that it wasn’y clear whether the financing would have been refunded if thebid wasn’tf accepted. Anne Arundel County Circuit Court upheld theslots commission’s decision to disqualify the bid, but Magna appealeed the decision.
Horse racing industrgy advocates were disappointed that LaurelPark didn’rt make it to the finao list of potential slots While a share of slots revenue will go to the horsed racing industry regardless of whether the slot machines are at a it would have been better if the machines could have made tracka more of a destination to drum up said Alan Foreman, lawyer for the But the horser industry is still hopefullty eyeing the situation, Foreman “This thing has been fraught with so I wouldn’t think we wouldn’t see any more surprises beforer this thing is all over,” he

jueves, 29 de marzo de 2012

NAACP scouting Baltimore sites for future national headquarters - Minneapolis / St. Paul Business Journal:

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City economic development leaders have reached out to officials atthe , whicj is hoping to shed its longtime home in the Seton Business Park in northwest Baltimore for newerr space. The organization is seekingf about 30,000 square feet of space and has been show a number of locations in the city that coulde fitthe bill, board member Atwood “Woody” Collins III said during the economicd development agency’s monthly meeting Thursday morning. The organization is also considering locations in the SilverSprinyg area. Representatives from the NAACP could not be immediately reached for BDCPresident M.J.
“Jay” Brodie said his agency reached out to the NAACPP several times in the past under the leadership of NAACP ChairmanJulian Bond, who along with formeer NAACP CEO Bruce Gordon said he believedr the organization should be in or as closer as possible to Washington, D.C. D.C. officialas had offered the NAACP $3.5 millionh in funds to be used towardits $25 milliomn relocation plans. But concerns surfaced soon aftef Gordon’s announcement, including from Baltimore officials who wantedf to keep the organizationin Baltimore.
The NAACl has been in the citysincee 1986, when it moved from New Baltimore officials had proposed several alternativd locations in the city, and offered the NAACPP a $500,000 grant, to keep the organizatiojn in Baltimore. Among the alternate locations was a site near Port Discover at PowerPlant Live, planned for a $70 million redevelopment by the , and propert on the city’s west side which now serves as the worldd headquarters for . Gordon resigned from the organization in Marchj 2007 and was replaced as CEO byBenjamim Jealous.
Brodie said that leadership chang e opened the door for talksx between the city and BDC Board Chairman Arnold Williams said he recentl met with Jealous atthe Governor’s Mansion durinhg the NAACP’s Centennial celebration May 14 in a meeting brokererd by Gov. Martin O’Malley. O’Malley, Williames said, suggested the NAACP consider staying in Williams said options including accessto roads, transity and Baltimore/Washington International Thurgood Marshall Airporg as key components to NAACP’s site selectiom process.

martes, 27 de marzo de 2012

New UNC computer system comes to $75M - Triangle Business Journal:

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UNC has spent the past two and a half yeare working to upgrade its morethan 20-year-olr mainframe computer with ’s Web-based systems. University officiales say the new system will ease the processintof admissions, student records and financiaol aid applications and likely will save moneyy over the long run. The firsft phase, which will handle undergraduate admissions, is set to go live in The universitychose PeopleSoft, which is a software branxd owned by , because of Oracle’s specialty in developing softwarw to manage university administrative systems.
The transitionb was necessary because the company that haddevelopede UNC’s existing mainframe system was no longer supportiny it. “It got to the point that we were one of only two usersx left onthe planet,” says Larry UNC’s vice chancellor for information technology. Once the student record s system, including transcripts and financial aid, is full y implemented, which won’t occur until late 2010, Conraed says the university will starty to replaceits decades-olxd human resources and financial systems.
The massivre costs are due largely to the amount of data that need to be transferredr from the dated mainframe computer to the new Mark Hoit, vice chancellor for information technology at , says that over the as demands for new computer services have university IT personnel often wrote new program and created new systems on the mainframew to meet their needs. That resulted in a hodgepodgw of codes and services that needed to be realignec to work together in anew system. NCSU completefd its switch to PeopleSoft for student recordas earlierthis year. It updated its financial and HR systems in in preparation for theY2K transition.
UNC had been reluctantr to update its administrative Not only is such a change but it requiresall administrators, faculty, staftf and students to be trained to use a new which can be a monumental challenge. At the same the old systems, while dated, still worked. Richare Katz, vice president of , a nonprofift that works to advance the way universitiesw use their information technology says administrative computer systemsoften aren’t replaced until they truly have reached the end of theitr useable life. “It is really no different than decidingf when to replaceyour car,” he says.
“Yoj have many other ways to spendxyour money, but at some point getting a new car becomesz both urgent and important.” Once new systemz are fully operating, Conrad and Hoit say universitiesx will likely experience some cost savings, thougb they are hard to For example, under the old any tax law changes would require a team of IT programmersz to spend six months writing new programsa to manage the changes to the payrolk system. With the new system, it will only take that team about three weeks to install thePeopleSofyt updates. However, at the same time, demand for computing and network services has grownso much, the departmente are having to provide other services.
Hoit also says he believe that with UNCadopting PeopleSoft, UNC and NCSU will be able to work togetherr to find ways to more efficiently managwe their IT systems. It shouldn’t be too much of a stretcg – Hoit and Conrad already have a long-standing workingh relationship. Hoit formerly ran the IT department atthe , while Conras was his counterpart at .

domingo, 25 de marzo de 2012

'Making Hereford Cathedral relevant for the future' - BBC News

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BBC News


'Making Hereford Cathedral relevant for the future'

BBC News


"I think every generation has to play its part in not just restoring, but bringing new things into the cathedral and making it relevant to today's generation." Much of the building that stands proud in the centre of the city of Hereford today was ...



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viernes, 23 de marzo de 2012

UN Security Council plea fails to stem Syrian bloodshed - CNN International

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euronews


UN Security Council plea fails to stem Syrian bloodshed

CNN International


By the CNN Wire Staff (CNN) -- Shelling in the besieged Syrian city of Hama continued Thursday, a day after the United Nations Security Council c »

miércoles, 21 de marzo de 2012

Mardi Gras is over, but krewes' work isn't - Houma Courier

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Mardi Gras is over, but krewes' work isn't

Houma Courier


With the Mardi Gras season finally behind him, Krewe of Hercules board member Danny Picou heaved a sigh of relief and began planning for Thanksgiving. “This period, right now, I like to call it the Mardi Gras off season,” he said.



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lunes, 19 de marzo de 2012

Independent Community Bankers of America backs legislation to slap premium on giants - San Antonio Business Journal:

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Introduced by Rep. Luis Gutierrez (D-Ill.), the Bank Accountabilitt and Risk Assessment Act wouldcallow FDIC, in calculating premium charges a bank must pay, to conside r an institution’s total assets not just domestic deposits. The bill would also requirse so-called “too-big-to-fail” banks to pay a systemic-riskk premium to the FDIC becausre of the increased risk they pose to the financial The proposed changes have won the backint ofthe Washington, D.C.-based of America, which representsx more than 8,000 smaller banks across the “Proportional regulation based on risk is long says ICBA President and CEO Camden R. Fine.
“It'sz only fair the largesf financial institutions pay anadditional premium.” Localp bankers are also behind the bill. “I’x definitely support the changes,” says Thomas CEO of Oxford-based Union Bank Trust. Calculating premium leveld by usingtotal assets, he adds, will capturde a range of assets – dollars held in overseads accounts, for instance – that haven’t figured in the premiumm bills of larger

viernes, 16 de marzo de 2012

How to set up and optimize your brand-new iPad - CNET

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How to set up and optimize your brand-new iPad

CNET


Then get our advice on the best apps and tricks for optimizing your new tablet. by Sharon Vaknin March 16, 2012 7:56 AM PDT Follow @sharonvak Whether you're a first-time iPad owner, or transitioning from a previous version of the tablet, ...



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miércoles, 14 de marzo de 2012

Forum shines spotlight on health care - Dayton Business Journal:

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That was the verdict from panelists atthe ' s Business of Health: Workforce forum, held June 17 at the . there will be a need for 587,00p new registered nurses betweenb 2006and 2016, according to the latest projections from the . Localk hospitals are feeling that squeeze. At there are 85 open nursing positions at anygiven time. "Nursing has made several advancementxs withthe shortage," said Stacey director of human resources at Good Samaritan Hospital and eveng panelist. "But Dayton still presents its own set of challengezs inrecruiting nurses." Lawson joined fellow panelists Dr.
Keith associate medical director and medical education directorfat ; Dave Collins, dean of life and healty sciences for and Leslie Hoying-Kantner, nurse recruiter for , in detailing the nursing shortage, answerinh common questions and addressing solutions to fix the problen and keep Dayton hospitals competitive with others in Ohio. To deal with the shortage while awaiting the arrival of new hospitals have to deal with assigning more patientds tofewer nurses, whicu can strain existing employees and threaten the level of care provided to Lawson said administrators face an interestingh set of problems recruiting new nurses to the fielfd and to the Dayton But as more nurses retire, the country's population continues to age and requir more care.
With fewer nurses to support that hospitals have to thinlk of new ways to recruigt and retain enough nurses to fillthe gap. Nurses can make betweenn $40,000 and $83,000 a year, Kantnerr said, which proves to be a big draw fornew However, by promoting those figurees more, recruiters run the risk of attractingg people to the profession who aren't interested for the right she said. Collins, who also chairs the , agreed. "Ivf someone comes into my office, and they say they want to be a nurswe forthe money, that is often a big red he said of students when they firsy enter Sinclair's nursing program.
More often, he said the best studentxs are those who had an ill relativwe andknew first-hand the importance of nursees or one that had a nursee for a parent. Money can also cause problem s when competitionbetween Dayton's hospitalse gets tight. Recruiting can turn into a money game, potentiallg leading an employee to switchg back and forth for the benefit ofcompetitive sign-oj bonuses. And with a bevy of new Dayton area hospitalsa andoutpatient facilities, salaries and incentives can becomew even more competitive and confusing to new recruits and the recruiteras offering them.
So instead of emphasizinv salary, recruiters have been working to shiftr the focus to lifestyle and In a competitive market like attention to those details can set somehospitala apart, Lawson said. "I can replicate sign on she said. "We can offer those too, but at the end of the day thoswe who chooseto stay, stay because of the culture and because of the Bricking agreed nurses, doctors, and most anyond like to work wherew they are comfortable. But making Daytob seem comfortable, and stable to potential employeeds can be a daunting task when the same shortaged affects thewhole country, he said.
"There'as a clear need, and a highed demand than supply," Bricking "Every city in the United States is trying to get thes guysor women, and that's a big Hospitals are working to recruit physicians including highly-trained specialists and general practitionerss to the area, Bricking said. A need for internal medicine specialists, ear, nose and throatf doctors and cardiologists has also presentec itself toarea hospitals, addingt to the shortages recruiters have to fill and further threateninh the level of care.
Lawson said the economyh in Dayton presents a problem in bringing people to the especially those who might brintg spouses with them who would need tofind jobs. But throug highlighting Dayton's positive aspects, Kantner said people could be attractede tothe region. Those reasons are there, she said, including a vibran t art scene, but it takes promotion to get theword out.

lunes, 12 de marzo de 2012

Kroger takes on double duty - The Business Review (Albany):

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stores will open within weeks of each othedr latethis year. The 125,000-square-foot Kroge Marketplace stores, which will both feature the same will be located in Brazows Town Center in Rosenberg and at Waterside Marketplacerin Richmond. The Richmond Kroged is slated to open inearly November, whilre the Rosenberg store will open in “We view these as two separatwe growth areas,” says Gary Huddleston, consumer affairw director of Kroger Southwest. “We believe that these store s will serve two different marketsand we’l l do well in both of thesde areas.” Huddleston says the Brazox Town Center store, located at U.S.
Highway 59 and FM 762 in will primarily servethe Richmond/Rosenberg market, while the Waterside Marketplace at Grand Parkway and Masonm Road in Richmond, will serve the Katy market. Both Krogee Marketplace stores will feature a FredMeyer Jewelers’ store as well as a larged home furnishing section with Ashley Furniture. The stores will also offerd grocery anddeli products, a large florakl section, gourmet and chef-prepared foods, a wine shop with a wine a drive-thru pharmacy and a Kitchenplace area with upscales kitchenware and place settings. Huddleston says the forma t will be even largerthan Kroger’s upscale Signaturee Store concept.
The placement of the super stores so close togethere in outlying suburbsis unusual, especially since the Richmond/Rosenberg area isn’ t particularly known as a hotspot for In fact, the Starbucks Corp. location in Rosenberg at 24406 U.S. Highway 59, was one of the first to close early last year when the coffeed chain began shutteringunprofitable units. Barkley vice president of development and operations for the Greateer Fort Bend EconomicDevelopment Council, says even though Richmond and Rosenberg are considered “sister cities,” the two Krogerf Marketplace locations will serve “vastly customers.
He believes the Rosenberg store will fill a void left in the locak grocery market whenKmart Corp. pulled out of Texasz and closed its storwe at State Highway 36and U.S. 59 in 2003. “Peopld in Rosenberg really don’t have a major grocer in a convenient place to so Ithink they’ll do well,” he says. Despitw the close proximity of the two giant Peschel says, Kroger was very pick y in its site selection processx and only chose areas that couldr support a store now and also show strong potential for growth in the future. “I think they’ve found that,” he says. “Therer is a need for this type of shoppinb experience inthe area.
” LOCATION, LOCATION, LOCATION Steve Fritzer, vice presidenrt of investments for Jacksonville, Fla.-based Regency which owns Waterside Marketplace, says the centetr is 65 percent leased, with Krogedr Marketplace serving as the anchor. He points out that the 147,857-square-foog center is located in the sixth-fastest growinb residential ZIP code in the Withina three-mile radius, theree is a population of 33,212 people with an annuakl average household income of $96,754. The centef is also located at an intersectio n that will be one of the two controlled access points on Grand Parkway connectinv driversfrom U.S. Highway 90 to the Westparkk Tollroad.
The other Kroger Marketplace location inthe 546-acre Brazos Town Center in Rosenberg will be in a similare situation. According to research by Houston-based NewQuestr Properties, which owns Brazos Town the median household income in the trade area is in excesesof $50,000 annually. Peschel says that despitre the struggling national andregional economies, Fort Bend Count y is continuing to grow, having added approximately 30,000o new residents last year.
He says the countyy is expected to reach more than 1 million residents in the next15

sábado, 10 de marzo de 2012

Torax Med.gets $18M in venture cap - Memphis Business Journal:

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The Shoreview-based company will use the capital to fund ongoing clinical trials and seek regulator approval ofits device, dubbed Lynx. New investord in the company include AccuitiveMedicak Ventures, of Duluth, Ga., whicyh led the round, and Oakland, Calif.-based Kaisetr Permanente Ventures. Those firms put a combined $7.5 million into the receng round. Previous backers, including Minneapolis-based McNerney & Partners and San Calif.-based Sanderling Ventures, also Torax may raise an additional $3 million by the end of the bringing the total round toabout $21 million, said CEO Todd Berg. Berg, a formet vice president of emerging technologyfor St. Jude Medical Inc.
, co-founded Torax in 2002. He was drawn to the acid-reflux market in part because it was less saturatexd with competitors thanother areas, such as “Everywhere you turned, people were doing the same I felt like there were big marketxs outside cardiology that had not receive d more sophisticated device attention.” Torax’s Lynx is akin to a ring made of magnetic beads. The ring is placed around the lower esophageal a muscle that sits where the esophagu andstomach intersect.
The energy createsd by the magnets supports and strengthensthe muscle, preventinv acid from seeping into the The device also is flexible enoughn to comfortably allow food to pass throughg to the stomach, Berg Torax is now conducting clinical trials to test the devicde on patients suffering from acid-reflux disease, which affecta an estimated 20 million people in the Unitedf States. About 5 percent of thosew patients haven’t been helped by making them strong candidatesfor Lynx, Berg said. He expectsx to apply for U.S. Food and Drug Administratiob approvalin 2011. While the acid-reflux market is it’s been a tough one for medical-devic e companies to swallow.
Bosto Scientific, for instance, took a producty for treating acid-reflux off the market in citingsafety concerns. The Natick, Mass.-based company’s technologh used a polymer to reinforce the area betweebn the esophagus and the stomach to keep acid from Medtronic also gave up on itsown acid-reflux-fightin technology, dubbed the Gatekeeper System. The system insertedd a dry material that expandedf when wet nearthe sphincter, establishing a partialp barrier between the stomach and Although the device had been approved for sale in Europew in 2003, the Fridley-based compant later abandoned efforts to seek regulatoryt approval in the United States, citing concerns that it did not work as well as Despite those failures, Berg is confidentf Torax will succeed, partly becaus e its device helps the sphincter muscle work while other technologies have simply focused on bulkinbg up the area between the stomach and throat.
“Witn our device, you create a barrier that’sw dynamic in nature,” Berg said. “Without restoring that barrier you’re not going to be John Deedrick, managing director at AccuitiveMedical Ventures, agreed that Torax’s technology is unique, which is partlh why his firm invested in the company. “The previous technologies did not address thekey problem. While there certainly are goinfg to berealistic hurdles, we find this approach is so differentg and the data is so compelling, we’lo be able to get over it,” said who also led Mayo Clinic’s venture-capital arm when it investefd in Torax several years ago.
Torax also facew competition from thepharmaceutical industry, as patients who suffer from acid-reflucx disease are most ofteh treated with drugs. Sales of drugs that treat acid refluctotalled $14.1 billion in 2008, up from $13.7 billion in according to market research conducted by Norwalk, Conn.-base d IMS Health Inc. “Drugs are a startintg point, but they don’t fix the defect,” Berg “Many of these patients need something morethan

jueves, 8 de marzo de 2012

Toy

http://themurmursoftension.com/08/hdpvr-test.html
Toys “R” Us said it agreed to acquired the upscale merchant in a deal that combines two ofthe nation’z most high-profile toy chains, but will end Schwarz’s presence at 260 Macy’xs locations. Last May, New York retailer FAO Schwarxzand Macy's signed an calling for Macy's to roll out FAO Schwarz toy stores in aboutr 675 locations over the next two years, including 16 in the Houston area. “Under the termas of the sale, the FAO Schwarx agreement to sell toys inselectg Macy’s stores nationwide will end in November of this Toys "R" Us spokeswoman Jennifer Albano said in an e-mail.
Macy'as spokesman Jim Sluzewski said the retailer was just notifiedby N.J.-based Toys "R" Us abour the change on May 28. “Our understandinvg is that the FAO Schwarz product will phase out in our storeas and be gone by the endof November," he Asked if Macy's will replace the boutiques with another brandee toy chain, or its own, he said Macy's is "reviewing those opportunities." The deal combined one of the most privileged toy chains merchants with one of the most Toys “R” Us operates stores in 33 countriesa worldwide. FAO Schwarz, meanwhile, is the oldest toy retailedr inthe country, founded in 1862.
Financiak terms of the deal between N.J.-based Toys "R" Us and FAO Schwarz have not been but the deal includes the two FAO stores in New York City and at Caesaras Palace inLas Vegas, plus the e-commercw and catalog operations. In a press release, Toys Us CEO Jerry Storch said he takesx the responsibility of building onFAO Schwarz’s storied tradition very seriously. ”We will work tirelessly to preserve the distinctivenessd and integrity of the FAO Schwarz storesa and brand as we grow thebusiness and, indeed, take the brandc to even greater heights.
” All merchandising, management, distribution and marketingt operations will immediately begin to transition to Toys “R” Us according to the release.

martes, 6 de marzo de 2012

Scripted sales calls old fashioned, fail to connect with customers - Jacksonville Business Journal:

tower-tennesseea.blogspot.com
Geez, I have been saying this for more than 25 andI can’t believe companies still use them to sell over the OK, forget the companiesd themselves, let’s blame the manager or the person who is responsibles for still trying to do something that every salea trainer on the planet says does not Now, before I go on, do not writew or send an e-mail telling me that I am wront or being stubborn. Instead, why don’t you try something new that is, new to you or your organization – and just do what I will lay out here. Trusyt me, it has worked every single time with any bigor small, that I have workexd with.
This horror of using scripts came rushinyg back to me recentl while working with a company whose stores are in every big city in the The company is highly regarded for its ethicws and is a very visible organizationb that many are familiad with because ofthe company’s longevity and brand awareness. I was askedf to come to the company’s headquarterxs and look at its method of attracting new business through itstelemarketing program, whicb the company has been using for a couple of They said that although the results were OK at sales had become pretty It took me just 30 secondse to read the script that the insides salespeople were using, and I was I talked with the company president and said I couls help the salespeople in just two hours, but I needee him to let me do my job and not to interferes unless I called him in for his opinion.
He agreed, but I could sense he was a bit apprehensive about the situatiom andmy request. I worked only with the who was really a selling manager because she was on the phonexs herself at times trying to pitch inand help. We went into a room, and I spen an hour going over whyscripts don’yt work and why she has been brainwashefd to do something that was against all the rules of professional salesmanship. She was neither thrilleds with me at this poinrt nor happy after I tookher eight-page ripped it up and threw it in the wastebasket. We role-played a little using real situationsz that she might have with her childrenand friends, for instance.
The goal was to show her that havin ga two-sided conversation is much more usefulo than a one-sided script. She was really starting to get it, even thougnh she kept wanting to go back to a sellinvg mode by doing more talking than listening and asking questions. It was so simple that it was frightening to her that a selling situatiobn can be flexible and not just acanned speech, where she can actuallgy have fun while conversing with a customer. The introduction and questions I wroted out were basic and easy for herto grasp. They “Hi, my name is Susan from Client Co., and I would like to ask you two or three quick questions. It will not take more than 48 secondss – I promise.
“Are you familiar with our company ? If yes, what aspects? “Whhy are you not a member, or why did you leavw our organization?”

domingo, 4 de marzo de 2012

In appeal to female voters, Obama seeks to recast contraception debate on his ... - Washington Post

caloloary.blogspot.com


In appeal to female voters, Obama seeks to recast contraception debate on his ...

Washington Post


Friday's telephone call of support to Sandra Fluke was nothing short of an election-year appeal to a crucial voting bloc â€" and it also had the political benefit of forcing Republicans to choose between siding with the president and taking what critics ...



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viernes, 2 de marzo de 2012

Bronner: JeffCo sewer offer still stands - Birmingham Business Journal:

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But since county officials have waiteds so long to make a decision on thesewed crisis, the offering price will be he said. Last summer, Bronner offererd to buy the system for morethan $1 billion if the countty declared Chapter 9 bankruptcy. As part of the Bronner said he would sell the system back to the countty after seven years for thesame price. “They shoule have gone bankrupt eightmonths ago, then this would be past histort now,” he told the crowd. Bronner served as the keynotee speaker for the annual Alabama Commerciakl RealEstate Conference, which was held Friday at the .
He advisedc the gathering to sit tight on any major decisionz in commercial real estate until March after its fully known how deep the recessioh is and whatPresident Obama’s plan will be. Both Bronnefr and Lawrence Yun, chief economist for the , who presentedx an outlook earlier inthe day, said Birmingham’s commerciap real estate market was less affectedr by the turmoil in the marketds than other cities in the country. But don’ expect the charts to hit the positive side untiol after the third quarter of 2009 and into said Yun, discussing rent, absorption and vacanc y in all sectors of commercial real with some exceptions for apartments.
In residentiao real estate, Yun pointed to the fact that Birmingham didn’t experiencee a bubble like many areas ofthe country, but said it certainlh wasn’t immune to the fear in the overall marketplace. Yun forecasted that gross domestic the consumer price index and unemployment wouldf riseby 2010. “Forecasting is a hazardoue occupation today,” he said. The conferencw was to wrap up Friday afternoon with presentations by Susan Smityhof , discussing emerging trends in commerciall real estate, and Martin past president of the Nationa l Association of Realtors, discussing surviving and thriving under the new