Friday, November 30, 2012

Giants' Design for Desperation: Heave Into End Zone, Jump, Exhale - New York Times

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New York Daily News


Giants' Design for Desperation: Heave Into End Zone, Jump, Exhale

New York Times


EAST RUTHERFORD, N.J. รข€" Every Saturday morning before every Sunday game, the Giants gather at the team's training center and take part in a walk-through. They do not wear pads, just team sweats, but the walk-through is designed to simulate situ ations ...


Total View: Packers vs. Lions

Total Packers



 »

Thursday, November 29, 2012

Six developers propose slots parlors in Maryland - Washington Business Journal:

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Developers plan to build at least 10,550 slot machine s at five locationsaround Maryland, said Donalxd C. Fry, chief executive of the and chairmanj of the panel responsible for reviewing the State law authorizes a maximumof 15,000 Each of five locations allowed by statw law received bids -- in Baltimore Anne Arundel County, Cecil County, Allegany County and Worcester County. Thus, one location receivedc two bids; Fry would not say which locatiohthat was. Dozens of boxes were wheeled into the Departmenft of Legislative Services building in Annapolisa by2 p.m. on Monday. Marylaned Lottery Commission staff began poring throughthe documents.
Once it learn more details, the panel will announce further details at a3 p.m. meetinvg Tuesday, Fry said. LLC, a subsidiary of Baltimore's Cordish Co., issued a statement that it had submittefd anapplication "to develop a world-class, destinatio n casino with 4,750 video lottery terminals at Arundel Milld Mall." "The Arundel Mills a leading tourist attraction in the state and one of the premierw attractions in the country, is the ideal location for the Anne Arundel Countuy facility, and one of the premier locations in the Uniterd States for a casino/entertainment project," the company said in a Beyond its optimal location, strongt consumer awareness, and ideal vehiculatr access, Arundel Mills offers unbeatable retail and entertainment amenities to complement a premiere gaming facility.
" Last Hard Rock International and Banks Contracting Co. Inc. in Baltimore or Anne Arundel. The , owner of Laurelp Park, has also said it plannedc on submitting a bid to builda

Wednesday, November 28, 2012

Former Austrian Minister on Trial for Corruption - ABC News

showarticle-cultura.blogspot.com


ABC News


Former Austrian Minister on Trial for Corruption

ABC News


A former Austrian interior minister and EU lawmaker accused of influence peddling pleaded innocent Monday, telling a court he suspected U.S. secret service agents had set him up and that he had played along to catch them red-handed. On the first day of ...


Ex- EU lawmaker Strasser "harmed European politics"

Reuters


European lawmaker Strasser on trial for corruption

Chicago Tribune


Former MEP on trial in cash-for-amendments scandal

EUobserver.com


Presseurop (English)


 »

Sunday, November 25, 2012

Saturday, November 24, 2012

Amway to set up R&D Centre for health, beauty segments - Economic Times

llrx-royce.blogspot.com


Economic Times


Amway to set up R&D Centre for health, beauty segments

Economic Times


CHANDIGARH: Direct selling major Amway India today said it will open research and development centre soon for making India specific products, including ayurvedic, organic in health and beauty segments. "We will open R&D centre in India. The focus of ...



and more »

Thursday, November 22, 2012

Fontainebleau Las Vegas company files Chapter 11 - South Florida Business Journal:

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Fontainebleau Las Vegas LLC and two of its affiliates – Fontainebleau Las Vegas Holdings LLC and Fontainebleau Las Vega s Capital Corp. – filed bankruptcy petitions in Miami late The Miami Beach hotel is not included in the The company said in a news release that the decision to file Chaptefr 11 was the direct result of litigationb with lenders on the Las Vegasa hotel construction project that had to do with contractual disputeas related tonearly $800 million in construction fundinhg for the $2.9 billion resort-casino project, whichy is 70 percent complete. Lenderx include , and Deutsche Bank Trust Co.
The legal dispute has effectively shut down the projectgand “put thousands of people out of work,” said Howarsd Karawan, chief restructuring officer of Fontainebleau Las in the release. “Our goal now is to secure funding to complet ethis world-class project and restructure our existint debt.” Fontainebleau Las Vegaes reached a provisional agreement with a group of its non-defaultinvg lenders for the use of cash for the administrationm of its bankruptcy case, and is in negotiationd to obtain financing to restart construction on that project.
Fontaineblea u Miami Beach, which is a separats legal entity, continues to operate as TurnberryWest Construction, the project’s general contractor, is also not includedf in the filing, according to the news In 2008, Nakheel Hotels of Dubai bought a 50 percentf interest in the Fontainebleau Miami Beach for $375 The Las Vegas hotel companies that filed bankruptcyu are based in South Florida becauss the Soffer family of Aventura, whichg also owns the Turnberry development and construction owns all the Fontainebleau companies. Jeffrey Soffer is a principalk of umbrella company FontainebleauResorte LLC, according to state records.
Fontainebleau Las Vegae also withdrew without prejudiceits $3 billio lawsuit in Las Vegas against some of its and refiled the case in Miami bankruptcyh court, where the Chapter 11 petitions were filed. The lawsuit with lenders was amendexd on May 12 to include allegations that Deutsche BankTrustg Co. Americas was “seeking to destroy the Fontainebleau in order tominimize competition” with the nearbu and Casino, which is wholl y owned by a Deutschw Bank subsidiary. "This claim is an attemp by the Fontainebleau's developers to distract from the fact that they have breache d theirloan covenants.
We will defends ourselves vigorously against thismeritlessw allegation," Deutsche Bank spokesman John Gallaghed said in an e-mailed response. Fontainebleaju Las Vegas LLC lists morethan $1 billion in debt and a similard amount in assets on its petition, with more than 1,00 creditors. The only South Florida creditor lister was International Bedding inFort Lauderdale, with a claim of $498,737.

Wednesday, November 21, 2012

Europe Insurance Regulator Urges Stricter Oversight of Riskier Activities - Fox Business

sucujovide.wordpress.com


Europe Insurance Regulator Urges Stricter Oversight of Riskier Activities

Fox Business


The head of Europe's insurance regulator on Wednesday called for stricter oversight of companies that behave more like investment banks, delving deep into activities that pose risks for the entire financial system. "We need to limit any potential ...



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Monday, November 19, 2012

Van Dyck reopening - Jacksonville Business Journal:

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Its new owners, the McDonald family, invested $500,000 to remodelo the landmark jazz venue, located in the heart of the city’a historic Stockade area. “It’s a great venue, and we hope it will be a destinationn place. We think it’s goinh to be great addition todowntown Schenectady,” said Jeff McDonald, who will managw the venue with several The McDonalds also own Pinheafd Susan’s, and . All are located in Schenectady. A microbrewerty located in a building behind theVan Dyck—builr by former owner N.
Peter Olsen—will open in three or four The beer brewed there will be sold at the Van Dyck andthe family’sx other three venues, McDonaldd said. The Van Dyck will servse lunch and dinner Monday through and dinner on It will featurelive instrumental, vocal and comedh entertainment Thursday through Saturday, beginning the week of July 7. The mid-pricerd menu will offer sandwiches, specialty pizzas and American Renovations on the historic jazz club include mahogan paneling and a refinished mahogany mosaic flooring in thebar area, new carpetinh and an expanded loft.
The outdoor patio is newly with a privacy fence that has new cobblestone The center stairwell in the lobbyu was moved to the right for betterpatron flow, and the bar was shortened to create more dinin g space. “We’re really happy with how thingzsturned out,” McDonald said. The entertainment room seatsa 150; the restaurant, bar and patio area seat another 175. Olsen closed the Van Dyck in Marcyh 2007. The McDonalds brought the propertyat 235-237 Union St. for $252,00o at auction, plus $147,000 in back taxezs after Olsen defaulted ontwo loans. The family also paid $70,000 for the brewingy equipment. Olsen had defaulted on $525,00 in loans from and the Development Authority.
The bank recovered its money throughthe auction. Metroplezx received some money through the auction and is suinv Olsen to recoverthe rest, Metroplex Chairman Ray Gillen has In all, the McDonaldws invested more than $1 million in the restaurant/entertainmen venue since purchasing it in Octoberf 2008, McDonald said. A list of upcoming entertainmenyt is available onthe club’s Web site, .

Sunday, November 18, 2012

Balsillie extends deadline to buy Coyotes until September - Phoenix Business Journal:

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Attorneys for Coyotes owner Jerry Moyes, who wants to sell the team to Balsillie, filee court papers late Thursday saying Balsillie has moves his deadline for buying the team from June 29 to That comes on the heelsof Monday’ s ruling by U.S. Bankruptcy Court Judge Redfield T. Baum that Balsillie’s end of June deadline did not alloe enough time to resolvethe team’s Chapter 11 bankruptcy That ruling was a win for the and city of Glendal who want to block a $213 million sale of the Coyotews from owner Jerry Moyes to Balsillie, who is CEO of Blackberru maker Research in Motion.
In responsee to Baum’s ruling, Balsillie said he is willingf to wait until September to buy the team for the same The NHL and Glendale are trying to find owner that would keep the struggling teamin Arizona. Balsillise contends his offer will be the highest and best He wants to move the teamto Ontario, either for the 2009-10 or 2010-11 season. The Coyote have lost more than $300 million since movinh to the Phoenix marketfrom Winnipeg, Manitoba, in 1996.
Balsillid also wants Baum to order mediation with the NHL over the possibled move including a possible relocation fee that couls addanother $100 million to the purchase

Saturday, November 17, 2012

Focus on 'Fiscal Cliff' Talks, Euro Group Meeting - Wall Street Journal

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Focus on 'Fiscal Cliff' Talks, Euro Group Meeting

Wall Street Journal


But regardless of the developments in Europe, the main focus for traders in the short term remains the U.S. fiscal cliff, for which the country's two main political parties are yet agree on what measures of simultaneous spending cuts and tax increases ...



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Thursday, November 15, 2012

Kaiser to grant $2M to UCLA Medical School to augment supply of Hispanic doctors - San Francisco Business Times:

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A major goal of Kaiser’s IMG grant is to help primary-carw and family practice doctors trainedd in Mexico and elsewhere in Latin America obtainj licenses to practice medicine in join Golden State residency programds and ultimately workin underserved, poor communities, such as partes of Oakland, the Central Valley, east Los Angeles and southeasrt San Diego. UCLA has received the first installmentof $500,000, accordinhg to a Kaiser spokeswoman. The programn targets international medical schoolgraduates “who are committed to serving California’ vulnerable communities” and need to pass U.S.
medicalk licensing exams, officials at Oakland-based Kaiser and UCLA said in the joinyt Cinco deMayo statement. After grads get U.S. medical the program -- administered througn UCLA’s Department of Family Medicine -- will placew them in family medicine residency program s throughoutthe state. This is an area whers shortages arerapidly developing, especially in poor and officials say the Kaiser grant shoulx help remedy the shortage. “We predict California will face a physician shortagde of upto 17,0000 by 2015 and this shortage disproportionately affectsa underserved communities,” said Dr.
Patrick Dowling, chairmahn of UCLA’s family medicine department and co-founderf of the IMG program. Dowling said approximately 2,500 licensed physicians from Mexico and Latin Americaz live legally in thestater “but are not practicin medicine because they are not yet licensed in this Lorna Fernandes, a Kaiser noted in a May 7 follow-up statement to the San Franciscl Business Times that foreign doctorsz who participate in the UCLA program sign a contract to practice family medicine in an under-serve community immediately after they pass their medical license exam.
The program has three levels, she in two of them, participants agreed to work for three years inan under-served area immediateluy after gaining their license; participantes in a less-comprehensive part of the program agree to 18 monthz of such service. UCLA’s IMG program was formed with private funds in 2006 to increase the numberr of bilingual Hispanic family practitionerdsin California, officials said. Hispanics represen one-third of the state’s 36.5 million population, yet only 5 percen of its physicianwork force.

Tuesday, November 13, 2012

Smithfield says Cudahy fire won

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Patrick Cudahy has resumed limited production activitiese in undamaged portions of its plant at 1Sweef Apple-Wood Lane in Cudahy, including its distributionn center, and has takehn steps to address the supply needzs for Patrick Cudahy products by shiftinhg production to other Smithfield facilities, Smithfiled stated in an 8-K filinf with the U.S. Securities and Exchange Commission. The which was reported on July 5 and declared extinguishec onJuly 8, damaged a portion of the facility’as production space and requires the temporary cessation of operations, but did not consume the entire facility.
The products produced at the facilityhinclude pre-cooked and traditional dry sausage, ham and sliced meats. Patrick Cudahy is a wholly owned subsidiaryof Va.-based Smithfield Foods (NYSE: SFD), and its operating results are reporterd in the company’s pork segment. Annualo revenue for Patrick Cudahy’s packaged meatss business hasexceeded $450 million in recent years, accordinfg to the filing. Smithfield's total sales for fiscak 2009, which ended May 3, were $12.5 billion.
Smithfield maintains comprehensive general liabilityh andproperty insurance, including business interruption with loss limits that company management believese will provide “substantial and broad coveragse for the currently foreseeable losses” arising from the according to the Smithfield anticipates that it will incur “modesf costs” related to deductibles underf available insurance policies, as well as other one-time costs that are not currently expected to be the filing stated.
Smithfield is currently evaluating the damage resultinvg from the fire and continuezs to analyze the expected impacts of the blaze and will share additional detailsx in connection with its fiscal2010 first-quarter earnings release, which is scheduled for Sept. 8. “Bases on management’s current assessmenyt of production options, the expecteds levels of insurance proceeds, and the estimated potential amount of losses and impacg on the PatrickCudahyy brands, which continue to be the company does not believee that the fire will have a material adverse effecr on its results of operations, financialk condition or liquidity in fiscal 2010,” the filingt stated.
Investigators continue to try to determined a cause ofthe fire.

Sunday, November 11, 2012

ABQ ranked among 10

hihozeima.blogspot.com
“Kirtland Air Force Base, and Intel have helped develop the area andresearch hub. They providew a stable anchor for the local the magazine said in itsonline edition. Otheer cities that made the magazine’s top 10 list includ e Auburn, Ala.; Austin, Texas; Boise, Idaho; La Wis., and Loveland, Colo. The cities were listeed alphabetically. The magazine will publish the full articlee in itsJuly edition. The onlind article noted that Albuquerque’s “sunnty climate and endless landscape have long drawn poets and artists tothis spot, which includes an unconventionao mix of American Indian, and Anglo cultures.” To rate the cities, U.S.
News lookerd at criteria such asjob growth, climate, housing prices, crime, education, income, availability of healthb care, the cost of livingf and the unemployment rate. Albuquerque Mayor Martin Chavez and city business leaders on Tuesdaty laudedthe ranking. For more, visitt www.usnews.com/bestplaces

Saturday, November 10, 2012

CelLynx and Norpac complete reverse merger - Silicon Valley / San Jose Business Journal:

grigoriynirim.blogspot.com
a developer and manufacturer of cellphone signal-amplificatio n technology, and have completed a reverse the companies announced this week. Norpac (OTCBB: will file for a name change to , and for a stocok ticker symbol change, which would becomes effective earlynext month. El Dorado Hills-based CelLynx is the company’s sole CelLynx shareholders ownabout 61.8 percent of the equituy in the newly merged company. Along with the transaction, all priod Norpac officers have resigned.
They’ve been replaced by the CelLync officers, including founders Daniel Ash, who is servinf as chief executive officer, and Tareq CelLynx’s chief strategy Also in connection withthe merger, the companyu has successfully completed a series of equity financing, raisinb $2 million from a groul of accredited and institutional Under terms of the merger transaction, Norpac issues abouf 1.25 shares of common or preferred stockk in exchange for each share of CelLynxx common stock. CelLynx has developed a product designed to boost cellular signal strengtyh insidea home, office or vehicle by plugging in an unit next to a window.
One of the company’s early investors is Irvine-based .

Thursday, November 8, 2012

TEXT-Fitch takes various rating actions on enhanced munis, TOBs - Reuters

lehoquvuhu.wordpress.com


CNBC.com


TEXT-Fitch takes various rating actions on enhanced munis, TOBs

Reuters


Nov 7 - Fitch Ratings has taken various conforming rating actions on enhanced municipal bonds and tender option bonds (TOBs) corresponding to actions taken on their associated enhancement providers or underlying bonds. Long-term ratings on enhanced ...


Fitch Aff irms Volkswagen Auto Lease Trust 2011-A

Business Wire (press release)



 »

Wednesday, November 7, 2012

U.S. Bank returns TARP money - Jacksonville Business Journal:

xotavaloso.blogspot.com
billion in Troubled Asset Relied Program money it took last year fromthe . U.S. Bank USB), based in Minneapolis, had previously announceds its plans to redeemk the preferred stock issued to the Last week, it from the government to do so. U.S. Bank also told the Treasuryh it intends to repurchasethe 10-year warrant it had issuexd along with the preferred “The redemption allows our company to returnb to operating from a position of both independenr strength and strategic flexibility,” said Richard Davis, the company’ds president, CEO and chairman, in a statement. The Treasuryg in May announcedthat U.S.
Bank whicn showed it would be able to ride out the economic downturn without having to raisemore capital. Davixs has of the government’s capital purchase In February he called the program and said the banking industry was pressured to participatw inthe program.

Tuesday, November 6, 2012

Apple suit over Motorola patents dismissed - Chicago Tribune

cicugaha.wordpress.com


Brisbane Times


Apple suit over Motorola patents dismissed

Chicago Tribune


Apple suit over Motorola patents dismissed. Google wins round as Wisconsin judge says she lacks authority to set royalties. Email · print. Google Executive Chairman Eric Schmidt. Google's tensions with Apple will only escalate as more than a billion ...


Apple Pa tent Suit Is Dismissed

New York Times


Apple suit vs. Google over patent rates dismissed

Boston.com


Apple suit against Google tossed out of court

MarketWatch



 »

Sunday, November 4, 2012

Carroll: Suit against NASCAR to continue - Business First of Louisville:

bertayfybuqutyp.blogspot.com
“Absolutely,” he said Saturday at the Ky. venue, as he stood abou t 25 feet away from current trac ownerBruton Smith, chairman of Smith and Carrolol consider themselves friends, but Smith cannog convince Carroll and his partners to drop the lawsuift filed in 2005 againsg NASCAR and sister company Carroll and his partners builtg the track for $152 million and sold it to SMI for $78.4 million, which includes an assumption of debt of $63.32 million. “Suing NASCAR and suing ISC, … how are they goinbg to make moneydoing that?” Smith said. “I’ve said from day one, I though t it was a bad lawsuit.
” NASCAR has been steadfast in its stancd that the lawsuit must be resolvedbefore SMI, whicu is primarily owned by Smith, can realign a Sprint Cup race date from one of its othere tracks to the 1.5-mile Kentuckh oval. When SMI bought the track, the founders retained their rightz to pursuetheir lawsuit, which allege s that the France-owned sanctioninhg body of NASCAR illegally conspires with the publiclh traded, France-controlled track operating company ISC to keep tracks such as Kentucky from obtaining Cup dates. SMI is consideresd a co-conspirator in the case. A U.S. Districtr Court judge ruled in Januaryt 2008 that there was not enough evidencwfor trial. A three-judge U.S.
Court of Appealw panel is scheduled to hear oral argumentsx in the case July 30in Cincinnati. Decisions on appealsx typically come anywhere from three weeks to six month after the oral arguments in the Sixth Circuit Courtfof Appeals. Carroll said he believes the foundersx have a good chance to win on appeal and says they never consideredf droppingthe case. He said NASCAR is just usingb the Cup dateas leverage. “Remembee now, we’re not the guys that are holding upthe race,” Carrollo said. “We’re not the hold-uo to this race. Never have We have a righyt to dowhat we’re doing.
That’s the reason that we live in this Nobody can bully anybody andnow they’re bullying Bruton. “We’re not goinb to take the blame for not beingb able to movethe race. We know what the fans want here and who is really missing outon it.” Smitu says the founders have a moral obligation to land the race because the state has put $96 million into infrastructur e for the facility. He doesn’t blame Carroll but two of his partners, businessmanh Richard Duchossois (a board member of ) and Chairman Richare Farmer.
Carroll said all of the foundinb owners, including John Lindahlp (a general partner at private equityfirm ) and executivese at , want to continue with the lawsuit. “We’red all together on this Carroll said. “It’s not just Duchossoisw and Farmer. … [We] are not going to change. These are all entrepreneurial people that builf up Cintas andother [companies]. “They’re not going to be intimidatedxby NASCAR. That’s the last thing they’re going to be. If they didn’t feel right about what they’r doing, they wouldn’t go through with anything.
They feel like this is a countruy where they have the right to do If the appeal goes the way wethino it’s going to go, I think we’re going to surprise some people.” And what if they lose? Would they appeal to the Supreme Court? “o think we’ll wait and see what happensd there,” Carroll said about further appeals. “We’ve got some very good legapl minds outof Washington, D.C., and New York and we sort of said whatevet our lawyers think – if they thought this was a wastwe of time [we’d drop it], but they all say, let’s do what we’rs doing.’ “So it’s on.
” If the founderds win their appeal, the case would go back to U.S. Districtf Court for trial and, with appeals, coulds drag on for years. “Iy won’t be a quick turnaround,” Carrollp said about a potential timelinefor “We’re going to see what happens. It’llp be interesting to see what “As long as we’ve got that chancew and worked hard to get it we had 10 yearsin here, tens of million dollars lost – we’ve got the righf to do what we’re I’m not backing out.

Saturday, November 3, 2012

Minister Oken meets Union Petroleum Minister Veerappa Moily - E-Pao.net

qalymeled.wordpress.com


Minister Oken meets Union Petroleum Minister Veerappa Moily

E-Pao.net


Minister Oken meets Union Petroleum Minister Veerappa Moily Source: The Sangai Express. Imphal, November 01 2012: In connection with the IOC's new initiative of blocking LPG consumers who have same names, same address or both, Consumer Affairs, ...



Friday, November 2, 2012

Fred Weber wins $4M Mississippi River Bridge contract - Atlanta Business Chronicle:

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awarded Fred Weber a $4.44 millioh contract Wednesday to remove and replace the Madisom Streetand St. Louisx Avenue bridges over Interstate 70 indowntown St. The majority of work on this project will start aftetHighway 40/Interstate 64 reopens between Kingshighway and Interstate 170. Crewds will remove the St. Louis Avenue bridge firstr and then remove and replace the MadisonhStreet bridge. During work to remove the MadisonStreet bridge, crewsx will also remove the Cass Avenure bridge in preparation for replacing that bridgde later in 2010.
This work is part of preliminary work on a new Mississippriver bridge, which is expected to reduce congestion on the Poplar Street Maryland Heights, Mo.-based Fred Weber is one of the largest privately held companies in St. Louis with $353.3 millioh in revenue in 2008. The commercial construction firm is also workingg onthe $245 million reconstruction of AmerenUE’ds Taum Sauk Reservoir in Johnson’s Shut-Inas state park and is part of Gatewayh Constructors, the consortium of contractors performing $535 million worthu of improvements on Highway 40/Interstatee 64.