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The Hopkinton, Mass., storage and information managementgiant (NYSE: EMC) said Wednesdayu the Media Lab sponsorship is one of severa l initiatives coordinated out of EMC Research Cambridge, whicyh will be located at 11 Cambridge Ctr. in Mass. The center will house EMC’s security-business researchy lab, RSA Laboratories, as well as about a dozen researchers, technologistw and business leadersacross EMC’s businesx units.
The company also has research facilities in Chinw andSanta Clara, “Research and advanced technology groups across EMC, alongf with our global universitt research partners, are discovering and explorinh new technologies that will shape the future of digital said Jeff Nick, EMC senior vice presidenf and chief technology officer, in a statement. “Thiws is an incredible opportunity for EMC to brinvg together some ofthe world’s leading researcy minds and innovators in areaxs such as personal information management, informatio integration and cloud computing.
” As a consortium sponsod of the MIT Media Lab, EMC will be able to accesws the center’s research on how people use and interact with new EMC said its initial collaboration will be on new modelw for data ownership and usage, interfaced for business transactions and health care IT A consortium sponsorship costs $200,000 per year for a minimukm of three years. Sponsors receive full intellectual property rights to technology developed at the lab durintgtheir sponsorship. The announcement comess a week after EMC and a group of universities and technologuy companies announced the development of a high performancew computing research facilityin Holyoke, Mass.
Othefr tech giants have built dedicated R&D lab in Cambridgde in recent years. (Nasdaq: (Nasdaq: GOOG) and (NYSE: IBM) built research centers in the city in the pasttwo
Sunday, June 10, 2012
Saturday, June 9, 2012
Capital One Financial loan losses grow - Wichita Business Journal:
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McLean, Va.-based Capital One said in a Securities and Exchangre Commission report Wednesday that it gave up on expectinyg payment on almost 10 percent of itsoutstandin U.S.-credit card loans last month, chargintg off $527.8 million in accounts as Capital One’s charge off rate on its U.S. credigt card portfolio rose to 9.73 percent, the thirdr straight increase. The bright spot for the U.S. credig card portfolio was that the delinquencyh rate of cardholders at least 30 days late on payments declineedto 4.77 percent, the third straight decrease. $3 billionh worth of loans in Capital One’sd $64.7 billion U.S.
portfolio was delinquent at the end of the CapitalOne (NYSE: COF) wrots off 9.26 percent, or $67.9 million, of its Internationall credit card during the The international delinquency rate held steadgy at 6.69 percent as $578 million of the $8.634 billion portfolio remaining delinquent. The charge-offv rate at Capital One’s auto finance unit rose for a secondc monthto 3.89 percent as the company declared $64.9 million The auto delinquency increased for a third straighy month 8.89 percent with $1.78 million of the $19.9i billion portfolio remaining delinquent.
McLean, Va.-based Capital One said in a Securities and Exchangre Commission report Wednesday that it gave up on expectinyg payment on almost 10 percent of itsoutstandin U.S.-credit card loans last month, chargintg off $527.8 million in accounts as Capital One’s charge off rate on its U.S. credigt card portfolio rose to 9.73 percent, the thirdr straight increase. The bright spot for the U.S. credig card portfolio was that the delinquencyh rate of cardholders at least 30 days late on payments declineedto 4.77 percent, the third straight decrease. $3 billionh worth of loans in Capital One’sd $64.7 billion U.S.
portfolio was delinquent at the end of the CapitalOne (NYSE: COF) wrots off 9.26 percent, or $67.9 million, of its Internationall credit card during the The international delinquency rate held steadgy at 6.69 percent as $578 million of the $8.634 billion portfolio remaining delinquent. The charge-offv rate at Capital One’s auto finance unit rose for a secondc monthto 3.89 percent as the company declared $64.9 million The auto delinquency increased for a third straighy month 8.89 percent with $1.78 million of the $19.9i billion portfolio remaining delinquent.
Thursday, June 7, 2012
5-star hotel planned on Pike - Puget Sound Business Journal (Seattle):
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The new development, which also will feature aboutf 10,000 square feet of retailo space, comes as a slew of new hotel-condoz are cropping up in Seattld andthe Eastside. Greg Smith, a principal at Urban Visions, said the firm has hirecd Seattle architects to designthe building. Smitn expects a final design to be finished withi n60 days. In the Urban Visions is talkin g to potentialhotel operators, and Smith said he is confidentt he will sign one that has achievef the Mobil Travel Guide five-star rating in the Brett Matteson, chief operating officer at Seattle-based , said there are only a handful of five-star operators.
"Whe n you talk about five stars," he said, "you're talkint about Ritz Carlton, Mandarin Oriental, St. Four Seasons and Mobil Travel Guide's five-star rating systejm is one of two that dominate thehotepl market, the other being AAA's five-diamond Technically, Seattle doesn't have any five-star hotels. However, the in Seattlwe has a five-diamond rating. Landinh a five-star operator would bring instantr cachet to the according toColumbia Hospitality's Matteson. "Itf helps to improve the perceptiom that there aremultiple five-star options in the he said. "It helps the city compare itself to placesd likeSan Francisco, Chicago and Dallas.
" Hotel-condp development has reached a fever pitcu in Seattle. Opened last year were the Hotel 1000, whicj has 47 condo units, and the hotel, which has 261 Soon to come are the Hyatt atOlive 8, whicb has 231 condo units and is set to open in Augustf 2008, and the Four Seasons Seattle, which has 36 condos and is set to open in the fall of 2008. Urbahn Vision's Smith acknowledged the increasinglycrowded market. "Oversupply is alwayw a concern withany project," Smith "We'll be cautious." Matteson said the Seattlr hotel-condo market is now at the point of "There's a lot of hotel-condo projects in the pipeline," he said.
"There'w been a few that have already The ones that will be successful will be able to differentiats themselves through service brand affiliatiojnand location." Matteson said the southeast cornetr of Second Avenue and Pike Street is a prime location for Urbanh Vision's new project. "That actually is a good he said. "It's close to the (Pike Market, close to shopping, and that whole First Avenude and Second Avenue from Madison Street to Pine Street isdeveloping
The new development, which also will feature aboutf 10,000 square feet of retailo space, comes as a slew of new hotel-condoz are cropping up in Seattld andthe Eastside. Greg Smith, a principal at Urban Visions, said the firm has hirecd Seattle architects to designthe building. Smitn expects a final design to be finished withi n60 days. In the Urban Visions is talkin g to potentialhotel operators, and Smith said he is confidentt he will sign one that has achievef the Mobil Travel Guide five-star rating in the Brett Matteson, chief operating officer at Seattle-based , said there are only a handful of five-star operators.
"Whe n you talk about five stars," he said, "you're talkint about Ritz Carlton, Mandarin Oriental, St. Four Seasons and Mobil Travel Guide's five-star rating systejm is one of two that dominate thehotepl market, the other being AAA's five-diamond Technically, Seattle doesn't have any five-star hotels. However, the in Seattlwe has a five-diamond rating. Landinh a five-star operator would bring instantr cachet to the according toColumbia Hospitality's Matteson. "Itf helps to improve the perceptiom that there aremultiple five-star options in the he said. "It helps the city compare itself to placesd likeSan Francisco, Chicago and Dallas.
" Hotel-condp development has reached a fever pitcu in Seattle. Opened last year were the Hotel 1000, whicj has 47 condo units, and the hotel, which has 261 Soon to come are the Hyatt atOlive 8, whicb has 231 condo units and is set to open in Augustf 2008, and the Four Seasons Seattle, which has 36 condos and is set to open in the fall of 2008. Urbahn Vision's Smith acknowledged the increasinglycrowded market. "Oversupply is alwayw a concern withany project," Smith "We'll be cautious." Matteson said the Seattlr hotel-condo market is now at the point of "There's a lot of hotel-condo projects in the pipeline," he said.
"There'w been a few that have already The ones that will be successful will be able to differentiats themselves through service brand affiliatiojnand location." Matteson said the southeast cornetr of Second Avenue and Pike Street is a prime location for Urbanh Vision's new project. "That actually is a good he said. "It's close to the (Pike Market, close to shopping, and that whole First Avenude and Second Avenue from Madison Street to Pine Street isdeveloping
Wednesday, June 6, 2012
California voters OK changes to term limits for state legislators - Los Angeles Times
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Los Angeles Times | California voters OK changes to term limits for state legislators Los Angeles Times By Phil Willon and Jean Merl, Los Angeles Times Californians approved a change to term limits for state lawmakers, but a measure to raise tobacco taxes for the first time in nearly two decades was in trouble, voting returns showed late Tuesday. Tobacco tax increase in doubt; term-limit changes pass by landslide Changes to Term Limits Pass |
Monday, June 4, 2012
UW-Whitewater, Milwaukee 7 Water Council to jointly train students - Birmingham Business Journal:
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The program will begin enrolling students in the fallsemesterd and, because many students have already taken relevantr courses, should be graduating its first water managemen t specialists within a year, said Kirsteh Crossgrove, associate professor of biologg at UW-Whitewater and coordinator of the school’s integratedd science-business major. The program is designed to give studentsd a basic background inwaterf law, environmental law, natural resourceas and environmental economics as well as aquatic biology, chemistry and ecology.
Studentss will serve internships with the Milwaukewe 7Water Council, an organization of business, academia and governmeny in the seven-county area in southeastern Wisconsib that is working to establisn the Milwaukee region as a global center for freshwater research, economic developmenty and education. “Recognizing where the worlxd is headed, business students with a unique educationa background in water will have a leg up in the making a program like this especially saidRich Meeusen, chairman, president and CEO of Brownb Deer-based , co-chair of the Milwaukew 7 Water Council and an alumnusa of UW-Whitewater’s business school.
The council already has a relationships with the graduate program atthe ’sw . UWM also is developing a graduate-level School of Freshwater Sciences, whiles ’s Law School will begin a water law curriculumthis “One of our goals is to help develol seamless talent pipelines betweenm universities and water said Paul Jones, chairman and CEO of Milwaukee-based and co-chaier of the Water Council. “UW-Whitewater’es one-of-a-kind new track adds to the impressive array of highef education institutions in the region workiny to ensure our world water hub status in the yeardto come.
”
The program will begin enrolling students in the fallsemesterd and, because many students have already taken relevantr courses, should be graduating its first water managemen t specialists within a year, said Kirsteh Crossgrove, associate professor of biologg at UW-Whitewater and coordinator of the school’s integratedd science-business major. The program is designed to give studentsd a basic background inwaterf law, environmental law, natural resourceas and environmental economics as well as aquatic biology, chemistry and ecology.
Studentss will serve internships with the Milwaukewe 7Water Council, an organization of business, academia and governmeny in the seven-county area in southeastern Wisconsib that is working to establisn the Milwaukee region as a global center for freshwater research, economic developmenty and education. “Recognizing where the worlxd is headed, business students with a unique educationa background in water will have a leg up in the making a program like this especially saidRich Meeusen, chairman, president and CEO of Brownb Deer-based , co-chair of the Milwaukew 7 Water Council and an alumnusa of UW-Whitewater’s business school.
The council already has a relationships with the graduate program atthe ’sw . UWM also is developing a graduate-level School of Freshwater Sciences, whiles ’s Law School will begin a water law curriculumthis “One of our goals is to help develol seamless talent pipelines betweenm universities and water said Paul Jones, chairman and CEO of Milwaukee-based and co-chaier of the Water Council. “UW-Whitewater’es one-of-a-kind new track adds to the impressive array of highef education institutions in the region workiny to ensure our world water hub status in the yeardto come.
”
Sunday, June 3, 2012
Appeals Court Calls Off 'Desperate Housewives' Retrial (Exclusive) - Hollywood Reporter
milicinodijoo1981.blogspot.com
Appeals Court Calls Off 'Desperate Housewives' Retrial (Exclusive) Hollywood Reporter In a major setback for Nicollette Sheridan in her lawsuit against Desperate Housewives producer Touchstone Television, an appeals court has issued a ruling delaying indefinitely a planned September retrial and suggesting that the key claim in the case ... |