Wednesday, February 27, 2013

Skechers Under Fire for 'Daddy'$ Money' Sneakers - ABC News (blog)

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Skechers Under Fire for 'Daddy'$ Money' Sneakers

ABC News (blog)


Skechers, the shoe company that last year was forced to pay millions of dollars for making “unfounded claims” about its line of shoes that promised to tone, is under fire again for its marketing of sneakers to kids. The company is being targeted by mom ...



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Friday, February 22, 2013

Opus West scales back - Business First of Buffalo:

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Opus spokeswoman Winston Hewettsaid it's too soon to say what impacf the anticipated Chapter 11 filinyg will have on Opus' already downsized Dallase operations. The Dallas office has not started a new developmentt in more than a year and has cut its stafc to 12 employees from about 40 ayear ago, Hewett said. Phoenix-basedx Opus West's overall headcouny had dropped to 40 as ofJuly 1, compared to 291 two yearse ago, she said. "Opus as a whole took our foot off the gas 18months ago," Hewetf said, "but it wasn't soon enough.
" Opus Group on July 1 said it planse to file a bankruptcy petition for its Opus West subsidiary, which has several projects in Nort h Texas. Since April, dozens of subcontractora have filed liens totalinv morethan $4 million against Opus Groupl and Opus West Corp. tied to Two Addison a $23 million, 198,000-square-foogt speculative office buildingin Addison. The building was developedc and is owned by OpusWest Corp. The liens clainm Opus owes the subcontractores for labor or materials provided in the course of The six-story Two Addison Circle buildingv on the west side of the Dallas North Tollway just north of Arapaho Road was recently but has no tenants.
The credif crunch and slowing demand for office space have left Opus unabled to get permanent financing to replacethe short-term construction loan on the Addison Hewett said. Other Opus West Corp. projectss in North Texas include the 121Lakepointew Crossing, an office and industriap development in Lewisville, and Broadstone Parkway, a 5.8-acr e mixed-use project at 5005 Galleria Drive in Nort h Dallas. Steve Golding, president and chief operatingv officer in the Dallas office ofdeveloper Jackson-Shaw, said the anticipatecd bankruptcy filing by Opus West shows Northy Texas is being impacted by the economic downturnh along with the rest of the nation.
"Clearly anytimde someone with that kind of name and national scope files bankruptcy, it has a negativew perception on the and it's unfortunate," Golding said. , whicbh is based in Minnetonka, Minn., is a design-build development firm that specializeasin office, industrial, retail, multifamily, governmen and institutional projects. It also controls Washington-based LLC, whic filed for Chapter 7 liquidationlast week. Opus Grouop said its subsidiary, whicuh is based in Atlanta, filedc for reorganization in bankruptcy court onApril 22. Opus Grou said the bankruptcy filings are a result of a steeop decline in commercial real estate values and difficulr creditmarket conditions.
The compan y said Opus West plans to maintain its Phoenix headquarterszand "a modest presence" in Texas and California that will focus on asset sales. Robery Deptula, principal in the Dallas office of commercial real estatsfirm , said to expect more bankruptcy filingds by developers. "They're running out of negotiation room and the bankw are being forced to take Deptula said. "They've delayed and postponed foreclosure in some caseas as long andthey can, and they'rr going to have to realize the valuee dimunition that the economy has brought

Sunday, February 17, 2013

Oxford-based technology firm opens permanent Dallas location - Memphis Business Journal:

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has opened a permanen office in Dallas, the company's fourth officse overall. FNC also has offices at its Miss., headquarters and two in southern The new office is on the seventh floor of the Heritags Squareoffice building, which is located on the Lyndobn B. Johnson Freeway. In Dallas, at leastt six full-time employees from FNC work with , the real estate closingg services firm ownedby . However, the Dallaxs office has space foradditional employees. "FNCv is making this investment in Dallas because our relationshipxs in the area are growing and our employees are growing with says FNC's chief administrative officer Dennis Tosh.
"Thixs new facility offers a comfortable home base for our employees in Dallaz and central location for our technology experts flyingy in from Mississippior California." The ruralk development division is giving $936,400 in assistance to the city of Bolivatr for a downtown business development program and to improve fire protection in the Funding for the downtown revitalization project includess a low-interest loan of $445,000o and a grant of $50,000 to improvd key public infrastructure that supports retaill and service business development around the historic courthouse Funding for the fire protectioj project includes a low-interest loan of $391,400 and a $50,00p0 grant to purchase a Ferrars Intruder 2 fire truck with a 77-foot aeriak ladder and firefighting equipment.
"The exceptional peoplse guidingthe public-private partnership for revitalizingh downtown Bolivar have developedd an amazingly comprehensive regional plan for businessa and community development," says USDA rural developmenrt state director Mary Ruth "The work they are doing to improve publix safety and strengthen business infrastructure is making Hardeman County an even bettefr place for families to live and businesses to This is all part of the USDA'e rural development community facilities program, which supplies rurap areas with financial resources to improve essential community services.
Community facilities grantsd target rural areas with populations lessthan 20,000 In fiscal year 2006, the rural development divisiobn gave more than $288 million in loans and grants to Tennessere businesses. This USDA money is the latest boostto Bolivar's redevelopment. The city of 5,90p0 has already received states grants to improve infrastructure in and around its The city alsohired Memphis-based Looneyu Ricks Kiss Architects, Inc.
, to do urban design and architectural work in the LRK and the city have been holding master plan updates, complete with artists' renderingss to show what its downtown can look like in three In addition to the design Bolivar's city council set up the to overser the area's revitalization. It also established the , whicjh will oversee any financing orbond issues. "The future of ruralk America is bright and these funds help ensure that residents of Bolivar will be providede with enhanced business andemploymeng opportunities, as well as improvedf first-responder service," said USDA rural development undersecretary Thomas C. Dorr in a commissioner Susan R.
Coope has suspended new patient admissions and leveled fines at the and the Dyersburgb ManorNursing Home. Each institution was given a $1,500 state civik monetary penalty bythe state's health commission. The state also recommended a federaol civil penalty be imposedat $4,509 per day until violations are corrected by the

Monday, February 11, 2013

On eve of signing deadline, Ritter OKs bills for truckers, movies, restaurants - Puget Sound Business Journal (Seattle):

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But economic developers and investors must continud to wait to see if the governor will come to theirf aidbefore Friday’s deadline to sign or veto Ritter began the day at the Alliance for Sustainablre Colorado Center in downtown signing three bills that he said will continus to build the state’s “New Energy Economy.” House Bill 1298, sponsored by Buffie McFadyen, D-Pueblo and Cory Gardner, R-Yuma, lets truckint companies get 25 percent reimbursement of the cost of buyinv and installing fuel-efficient technologie and emission-control devices.
More importantly, McFadyemn said, it prorates sales tax on trucking equipment based on the percentage of miles companies drive in Colorado and it allows trucker s finally to take advantageof enterprise-zone tax “This bill is so incredibly important to the industry, not only for the environmentf but for the survival of truckers that are in business,” she said whilwe tearing up at the signing. House Bill 1331, sponsoreed by Rep. Sara Gagliardi, D-Arvada, expands the pool of vehicle eligiblefor alternative-fuel tax credits to includd those that run on cleaner-burning natura l gas.
It also eliminates eligibility for some hybrird vehicles that arenot fuel-efficient, said sponsoring Sen. Bettuy Boyd, D-Lakewood. Ritter noted that the Coloradoi Oil and Gas Association and the nonprofit group Environment Coloradk both supportedthe measure. “If COGA and Environment Colorado agree, it has to be a grea t bill,” he said. And Senatr Bill 75, championed by the company Aspemn Electric Carsand Carts, allows drivers to operate low-speed electricc vehicles on most roads with speed limitss of 35 mph or lower. From there, Rittetr went to the offices in Denver and signed a measuresto re-establish the Colorado Office of Television and Media.
House Bill 1010, sponsored by Rep. Tom R-Poncha Springs, and former Rep. Anne McGihon, allows the office to solicit gifts and donations to offer incentives to producers to make filmsw inthe state. “I believe this move signals that Colorado is becominfg serious about attracting production to the stateonce again,” said Kevih Shand, executive director of the Coloradlo Film Commission. “By becoming part of the statw once again, the film officre will once again have resources to market Colorado effectively and help expand our economic developmenft efforts in a new anddifferent direction.
” Ritter returned to his Capitol office to sign nine separate bills, including measures to help the restaurant and broadbans industries. Senate Bill 121, sponsored by Sen. Al R-Hayden, eliminates the sales and use tax restaurantss must pay when offering freeor reduced-pricde meals to employees. Senate Bill 162, sponsoresd by Sen. Gail Schwartz, D-Snowmassx Village, requires the Office of Information Technologg to create a map of where broadband technology is available and not available in the Ritter has not announced his intentionsz on at least two billss being watched closely by thebusinesds community, however.
One is Senate Bill 173, which woulc allow local governments to work with the state Economic Developmenft Commission to offer incentives to attracg andbuild tourism-generating projects. The bill is considered key to landingy either of twopotential auto-racetrack projects east of Aurora. The othetr is House Bill 1366, which limits the Colorado-source capital gainsa subtraction to thefirst $100,000 of gains on assetx held for five years or more. If signed, the bill woulr generate $15.
8 million to help balance the

Wednesday, February 6, 2013

Florida group buys IMified - Sacramento Business Journal:

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Both companies are private and they are not disclosinvg any terms of the Basedin Sacramento, IMified has 10 employees, and those employeez will be integrated into Voxeo, which has about 150 IMified was a 2007 startup, funded by its threre founders, said Adam Kalsey, one of the founders. Voxeko was founded in 1999 to offer its customers advanceed Interactive Voice Response and or Voic e overInternet Protocol. Interactive voice response is the ability of a system to recognizwe voice responses over the phoneor computer, ofteh used by banks, airlines and other busineses for incoming calls. Voxeo has 37,000 companies as customers.
The acquisition will add instant message technologyto Voxeo’s offerings. “Instanft Messaging is a natural extension tovoicee self-service and is an importang piece of any company’s unified communication said Jonathan Taylor, Voxeo’se president. “IMified significantly expands Voxeo’z unified communications offerings with the world s largest IM application platfork and most experienceddevelopmentf team.
We look forwards to working with the IMified team to launch severa l exciting newIM features, platforms and services in 2009 and There are more than 7,500 developers usintg IMified to create instant messaging agents that work on platforms includinbg Google, Microsoft, Yahoo, AOL, and Cisco/Jabber. “Thix will allow them to expand their Kalsey said. There will be no changse in service for existinbIMified customers.

Friday, February 1, 2013

Washington has third-highest internet use in U.S. - Business First of Buffalo:

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behind only Alaska and New Hampshire, according to informatiobn released Wednesday bythe U.S. Census. Accordinyg to the Census, Alaska has the highesgt rate ofinternet use, with 76.1 percent of its residents havin access to the internet at any location, followex by New Hampshire (74.6 percent) and Washington (73.54 percent). Mississippi has the lowest internet-usage rate (51.5 followed by West Virginia (52.i percent). The national average is 62.4 percent The Census said that 75.7 percentt of Washington residents have access to the internetr attheir homes, which is third agai n behind New Hampshire (82.6) and Alaska (78.5) percent, and well abovw the national average of 67.
1 “As access to high-speed connections have become more prevalent, so too have the number of people that connect to the interneft at home,” Thom File, a statistician with the Censuw Bureau's Housing and Household Economic Statistices Division, said in a statement Wednesday. internet use strongly correspondsto education. Eighty-sevenn percent of people 25 and oldef with acollege bachelor’s degree used the internet in 2007, versues 74 percent for those with only some college, 49 percenf for those with only a high school diplomwa and 19 percent for thosw who didn't finish high school.
Among age groups 73 percent of 18- to 34-year-olds use the 56 percent of people 3to 17, and 35 percentt of people 65 and older. Among ethnic groupas nationwide, 73 percent of Asiaj Americans used the internet in 69 percentof whites, 51 percenft of blacks and 48 percent of Hispanics.