Friday, March 30, 2012

High Desert Pediatrics opens doors June 15 - Phoenix Business Journal:

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Located at 8650 Alameda NE., the 4,100-square-foo medical office is the first tenant inthe two-buildinyg office plaza built by Hoech Real Estate The project includes two office buildings totaling more than 42,0000 square feet and a new church for Hope The new clinic’s operators did theirf residencies at the and specializew in acutely ill children. Hope Plaza is seeking a silvetr certification from the in its Leadershiop in Energy and EnvironmentalDesign program.
Father-son team Don and Justij Hoech partnered with the church to develop the parceo adjacent to La Cueva High Schoolk in the Far Northeast Heights of The office buildings are being offeree for sale as office condominiums or canbe leased. representds half of the $7.5 million which was built by Enterpriss Builders. High Desert Pediatrics is the lone tenanf to date far inthe project.

Wednesday, March 28, 2012

Medical Corner launches program for uninsured with chronic conditions - Pacific Business News (Honolulu):

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“Easy Care Health Plan” participants pay a $100 annuall membership fee for a free annual physicap and discounted office visit ratesof $40 for chronicx conditions such as asthma, hypertension, high cholesterol, diabetes and chronifc pain. Plan participants also receivee discountedlab services, X-rays and The plan helps unemployed people who have lost medica l insurance, college students, military personnel and “people desirinv one-stop convenience,” said Dr. Robert Sussman, ownerd of The Medical Corner.
Patients with chronic conditions typicallgskip check-ups and stop taking medicines to save “Instead of effectively managing their care, they’ll eventuall y end up in the ER needing acute, expensive he said. The Medical Corner has clinicsin Kailua, downtown Honolulu, Kapolei and the Airport Trade

Monday, March 26, 2012

Schwarzenegger says day of reckoning is here - Kansas City Business Journal:

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“California’s day of reckonin g is here,” he said. With no action, the state couls run out of cash in14 days. Threre months after the state budgetwas approved, California faces a $24 billion deficit. Schwarzenegger has alreadyh proposed massive cutsto education, health care and prisons. Now he’e looking for structural reform to make governmentt more efficient and stretchtaxpayer dollars. He’s askedf the State Board of Education, for to make textbooks available in digitalformatds — a move that could save In 2004, the governor talked about blowingy up boxes and consolidating agencies, but the initiativess never gained traction. They’re back.
Schwarzenegger is proposinv once again to eliminate and consolidate more than a dozenstate departments, boards and commissions. This includexs the Waste Management Board, the Courg Reporters Board, the Department of Boating and Waterways and the Inspectiomn and MaintenanceReview Committee. Earlier this year, the statd began consolidating informationtechnology departments. Now Schwarzenegger wantds to consolidate departments that oversee financial institutions and merge tax collection In July, state leaders will receive recommendations on how to modernizew the tax code.
“This will be a tremendouws opportunity to make our revenuesd more reliable and less volatile and help the state avois the boom and bust budgets that have brought ushere today,” Schwarzenegger told lawmakers. It’s not going to happehn in 14 days, he But it could happen before the Legislature adjourns for summer recess onJuly 17.

Saturday, March 24, 2012

Human Capital: People on the move, July 1 - South Florida Business Journal:

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Signature Healthcare of Brockton hiresd Steve Friot as directorr of health carefacilities management. He previouslh served as director of facilities operationsat . , a designb and construction firm with local officesin Worcester, appointedf Robert Stephens director of business health care. Stephens has more than 20 years of experiencr marketing and selling design and construction Matthew Tepper joined CB Richars EllisInvestors , a real estate investmentr management firm, as an associate director for the globaol multi-manager business. Tepper, formerly of , is baseds in Boston.
Davis, Malm & D’Agostine PC , a Boston-basedx law firm, added Elise Wald as an associate in the trustz and estatespractice area. Wald was previousl y an associateat Posternak, Blankstein and Lund LLP . Rob MacElhiney , vice president of in was named to the board of directorzs atthe .

Thursday, March 22, 2012

Mayor

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The committee, led by local developed Mark Edlen, reaffirmed its suppor t for the controversial plan in a letter that arrived Wednesday at City The unanimous recommendation was widely The recommendation follows a review of theproposer hotel’s expected financial performance by a subcommittee convened after local hoteliersd questioned basic assumptions about the plan. Aftedr a two-hour and 45-minute meeting, a subcommittese concluded by a vote of three to one that assumptions behinfdthe $200 million-plus project are reasonable.
The mayor’s committeed is recommending that Metro and the invest upto $12 millio n in designing and engineering for the which would be called at the Conventionn Center. LLP is the architecyt for the project. Roy Kauffman, the mayor’s said Adams will share the recommendation with the City Councikl as well as Multnomah County officials andthe , whicb has the final say in the matter. In all, 17 electecd officials will weigh in on the plan befors it proceeds to thenext step. Althougn Metro is the lead agency, the city has a major role to play because it will lend its bonding authority forthe hotel’s construction and will be responsible for issuing construction permits.
The mayorr has been a strong supporte of theheadquarters hotel. Metro is working with a development team led by Garfield Trau Ashforth LLC to create the which supporters say is needed to complete theconvention center. Without it, the region loses big conventionzs to cities offering better lodging facilitie s at theirmeeting centers. According to Travek Portland, the region lost the opportunity to book 69 conventionein 2008. Had they come to Portland, the city woulr have booked morethan 243,000p overnight stays by convention-goers.
Not having a hote l at the convention center costse the regional economynearly $41 million in busines sales per year, according to Travel The added business would result in more than $3 millionj in annual state and local taxe and 820 permanent jobs. Opponents say the financial projections driving the project are unrealistic and the hoteo would amountto government-sponsored competition in an alreadty weak market. The hotel would be constructed ona two-blocmk site adjacent the convention center. The Portlandf Development Commission paid morethan $11 million for the propertg in anticipation it would someday be developed as a headquarterss hotel.

Monday, March 19, 2012

Court: Benefits for Babies Born After Dad's Death? - ABC News

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CBS News


Court: Benefits for Babies Born After Dad's Death?

ABC News


The case had justices trying to shoehorn a 1930s law that gave Social Security survivor benefits to the dependent "child or leg »

Saturday, March 17, 2012

Industry veteran Trish Hanchette will head up Lennar

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Hanchette served four yearse as president ofKB Home’s Trianglre division before she left the company in December after a restructuring of management. Prior to joinint KB, she was division president of Colony She is an active board member for the Raleigh Wake County Home Builderzs Association and the Raleigh Chamberof Commerce. “We are extremely honored to benefitfrom Trish’s expertise and vast knowledge of the home-building industry in this said Sam Sparks, president of Lennar’sd southeast region.
“Trish is an exceptional leadere with a long list of achievements and community Our company firmly believes she will make an excellenty addition to the team and has the energy and experiencde to lead the Raleigh division to anew level.” Lennar, which has its headquartersa in Miami, Fla., maintained its No. 11 ranking among the largest residential buildere in the Trianglein 2008, havinb completed 205 homes valued at a totalk of $49.7 million, according to a recengt Triangle Business Journal survey. KB Home dropped from No. 1 to No. 3 in its rankingb of Triangle home buildersin 2008, having completed 515 homea valued at $119 million.
Hanchettes will oversee land acquisition, lot development, home-buildiny activities as well as sales and marketing for the LennardRaleigh division.

Thursday, March 15, 2012

House overrides 'guns in bars' veto - Nashville Business Journal:

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The vote was 69-27. Bredesen’s office immediately release a statement saying that he had expectedcan override. “He’s disappointed with this action butthat doesn' t change his belief that we can exercisde our Second Amendment rights and common senss at the same time,” spokeswomajn Lydia Lenker says. “He believexs guns and bars simply don't mix, and this legislatiohn doesn’t provide the proper safeguards to ensurr public safety. Governor Bredesebn stands by his decision to veto the Bredesen had vetoed the bill flanked by law enforcementg officials who said the new law woulde create more issues thanit solved.
Some restaurateurs were also opposec tothe bill, saying it woulsd hurt business in an already struggling industry. Randyg Rayburn, owner of Sunset Grill, posterd a sign in his window earlier this weeksayin “No Guns Ever.” The state Senate is also expectedx to achieve a majority vote to overrider the governor’s veto, effectively makinvg guns in restaurants legal.

Tuesday, March 13, 2012

Radio mogul eyes West Coast empire - Portland Business Journal:

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News that Larry Wilson agreef tospend $11 million to buy two Paul Allen-ownedf Portland radio stations made headlines when the deal was signefd on May 12. Perhaps more significant than the transaction, however, is Wilson’w plan to headquarter his fledglinyg AlphaBroadcasting Corp. in Portland. His returmn to radio after an eight-year hiatus has providedx a beacon of hope for abattererd industry. Wilson’s last radio startup, , sold for $2 billio in 2001. He owned more than 5 percenft of Citadel at the time of its Wilson left the industry to care for hisailin wife. She died in February 2008 followingta 13-year battle with cancer.
Now Wilson, 64, has raisee $60 million to buy his way backinto Portland-based put up about 80 percent of Alpha’sx startup money, with Wilson providing the he said. His purchase of KXL (AM 750) and KXTG (95.56 FM) represents the largest transaction in radio this saidDoug Ferber, president of Texas-based LLC, whichj acted as the seller’s broker. These stations are just the Within the year Wilson anticipates that he could own more stationw in other top 50Western U.S. markets. He aims to eventuallt build Alpha into a businesswith $50 millionn to $70 million in annual cash according to Ferber. That would put Alphaa into lofty company.
, the second-largestg radio operator in the reported 2008 operating cash flowsof $76.7u million on $311.5 million in Other top radio companies have operating cash flow above $100 Wilson is looking to grow at a time when many of the nation’ largest publicly-traded radio companies are retracting. A late-1990s acquisition spree burdenedthe nation’s largest radio broadcasteres with debt. Further batteringy the industry, radio ad saleds dropped 9 percentin 2008. Three of the five largesgt U.S. radio businesses, including Citadel, reported losses in the first three months of this The others reportedlower profits.
Againsf that backdrop, Alpha Broadcasting may have the deepesyt pockets in radioright now, said B. Eric a 40-year radio veteran and owner of traddepublication RadioInk. That Alpha Broadcastinfg is not burdened by debt givex it an advantage over the majortradio companies, said Al journalism professor and director of the University of Oregon’sd George S. Turnbull Center in Portland. The sale of the Portland radio stations still must received Federal CommunicationsCommission approval, a process likely to extend into the Until then, both stations remain under the controo of , owned by Paul Allen, Microsoft co-founder and Portland Trail Blazers owner.
Both yielded profitd or ran at break-even under Allen’sa ownership, said broker Ferber. Wilson plans to improve profitability at the stations without significant cost he said. “You can’t cost cut your way into succeszin radio,” he said. “We have to put money back into the promote it, advertise our product.” The geographic reacgh of each station gives Alphaz Broadcasting advertising opportunities that Rose City Radio didn’tf pursue, Wilson said. KXL, a 50,000-watt news and talk radip station, can be heard from the Oregon coast and considerablyh south of themetro area.
Sports-orientex KXTC, “The Game,” likewise broadcasts far acroses the state andinto Washington. Wilsojn plans to hold more events linked to each by bringingin speakers, hosting sports shows and selling tickets. Past historyy suggests that Wilson will invest in more toolsfor on-airr staff and will add new servicea for advertisers, said Rhoads, the industry By spending more duringg an industry slump, Wilson accepts that he may sacrifice alreadgy thin profit margins. “We are preparexd to ride this bad time, if we have to, for two or three years,” he said.

Sunday, March 11, 2012

Ecolav aims for

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Created by California-based museum designef Barry Howard, the lobbt is meant to make an impression: This is not your typicapl dry cleaner. The entry area has a semicircular shape with chromerframe shelving. Video screens show flocks of birds in flight. Electronic music and herbal scents floaty onthe air. The entire scenre is reflectedin mirrors. “This is a kind of experiential business,” said Jorge Welyczkowski, ecolav’s senior VP of “This was like walking into a Ecolav is one of a growingg number of South Florida dry cleaners that aregoing green.
The store uses a biodegradable silicone-based solution called GreenEarth to clean instead of the more common hazardous chemical callerperchoroethylene (perc). GreenEarth was developed by and . The principald behind ecolav include Welyczkowski, of Miami, company Presidentg David Greenberg and Bernard Gitlow, both of whom live in New York and Greenberg said he was talking to Gitlow about startin g a new company.
When Gitlos suggested dry cleaning, Greenberg told him: “Not unless therse was a way to change or clean up the Dry cleaning is historicall y one of the dirtiest businesses in Before present-day regulations and technology, perc spills sometimes contaminatec former store locations. Exposure to very high concentrationws of perc cancause dizziness, nausea, unconsciousness and death, accordingt to the ’s toxic substance database. Greenberg researchedd alternativesto perc, including liquir carbon dioxide, before settling on He also set about designing the store’s atmosphere to depart from traditionalk dry cleaners.
The store, on Souty Miami Avenue, south of is 2,800 square feet with 11 It includesa dry-cleaning plant in the where workers run the GreenEarth machines, presss and hang clothing. The plany is designed to handle at least seven moresatellits stores. Greenberg, Gitlow, Welyczkowski and Ron of Miami, are part of and . Greenberg said the initial investment wasabout $2 million. They plan to expandx and hire newstaff soon, adding at least one satellited location in the next few months. “The objective here is a brandint exercise,” Greenberg said. “W e plan to expand.” Ecolav is not the first greej dry cleaner to launch inSouth Florida.
Hollywood-based OXXO Care Cleaners has about 25 stores nationwids after starting sevenyear ago. It also uses the GreenEarth method. But, Greenbergv says ecolav is different because of its otherf emphasis on green retail and the atmosphere ofthe store. The store featured a full line of green and organic personalk care andnutrition products, such as vitamins extractee from nutritional foods and a goat’xs milk soap. Jon Meijer, VP of membershiop for the national , said most dry cleaners still use perc, but more responsibly than in the “There’s a movement afoot, clearly, to move away from perc. They are phasint it out in California.
But, you don’t want to switchg over to a new solvent andfind there’s anothere issue or another problem down the Meijer said. “The economy is also drivinv some decisions. In Florida, I know a lot of cleanerx are down 15 to 20 percent becaus ofthe economy.” Greenberg said the firsgt ecolav store was internally financedd because lenders wanted to see “proof of concept” He said he believes the store has prootf now; he is talking to lenders about furthedr financing. The store charges $2.95 to launder and presxs a shirt. Dry cleaning single items like pants or a shiris $6.95.

Friday, March 9, 2012

Conference Board jobs index inches up - San Antonio Business Journal:

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The May Conference Board’s Employment Trends Indecx standsat 89.9, up 0.2 percenrt from the revised April figure of But that’s still down 20 percentr from a year ago. “While it is too earlty to say that the ETI has the moderation of the last two months is certainly a sign that the declinde in job losses is real and signalsa that the worstis over,” said Gad senior economist at The Conference Board. “However, we still expect the unemploymenr rate to continue to increase to double digits by the end of this year and into According tothe U.S.
Department of Labor’e June 5 employment report, nonfarm payrollk employment fellby 345,000 in May, aboutt half the average monthly decline for the prior six months. The unemployment rate continuedto rise, moving from 8.9 percent in Aprill to 9.4 percent in May. Arizona’x jobless rate checked in at 7.7 percent in down slightly from 7.8 percent in March. May numbers for the state will be releasecd in roughlytwo weeks. In May, the componentes of the Employment Trends Indes showed amixed picture.
The improving indicatorx were: the percentage of firms with positions they are not able to fillrighft now, percentage of respondents who say they find “jobs hard to real manufacturing and trade sales and job Overall, the Employment Trends Index aggregatezs eight labor-market indicators. The New York-based Conference Board is an independen business-membership and research association working in thepublic interest.

Wednesday, March 7, 2012

WASHTENAW COUNTY EMPLOYEES' RETIREMENT SYSTEM v. PRINCETON REVIEW, INC. - Leagle.com

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WASHTENAW COUNTY EMPLOYEES' RETIREMENT SYSTEM v. PRINCETON REVIEW, INC.

Leagle.com


Washtenaw County Employees' Retirement System, on Behalf of Itself and All Others Similarly Situated, Plaintiff, represented by Theodore M. Hess-Mahan, Hutchings, Barsamian, Cross and Mandelcorn, LLP & Evan J. Kaufman, Robbins Geller Rudman & Dowd LLP, ...



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Monday, March 5, 2012

Junior North American crowns its four mushing champions - Fairbanks Daily News-Miner

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Junior North American crowns its four mushing champions

Fairbanks Daily News-Miner


by Bob Eley/beley@newsminer.com FAIRBANKS รข€" A little brisk weather didn't deter the Fairbanks Junior Dog Mushers Association from putting on quite a show on the final day of the Junior North American Championships Sunday at the Jeff Studdert ...



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Saturday, March 3, 2012

Securities, transactions slump prompts realignment - Charlotte Business Journal:

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Last year's subprime mortgage meltdown and the subsequenrt fallout have slashed the amount of legal work available in this nichee in Charlotte and otherfinancial capitals, forcing layoffs and the shufflinyg of attorneys into other practic e areas. The New York-based firm of , which has a largde mortgage-backed securities practice, laid off 35 attorneys in including ninein Charlotte. Other including , have acknowledgedf laying off support staff and associates and rescinding offerswto first-year and summer "You could characterize it as negative for lawyers with expertise in packaging and securitizing says Cliff Jarrett, managing director of the legal-staffingt firm .
Jim Carroll, managin partner of Cadwalader's Charlotte office, says an "unusually difficult businesas climate" for some of the firm's clients in financial servicews promptedthe layoffs. The banks and othet lenders the firm count s among its clients laid off thousands of workerds and were forced into billions of dollar sin write-offs. The firm has "redeployed a numbere of attorneys into other practice areas on atemporary basis," especially litigation and bankruptcy, Carroll says. "Whebn transactions work is down, bankruptchy and solvency workgoes up." Up to a fourtyh of the firm's 85 Charlottde attorneys have been moved into other practice he says.
"That's one of the advantages of a firm like the ability to befairly nimble." John Lassiter, presidenf of , says that in addition to cuttin g attorney positions, some firms also are trimming supportr staff and working to manage expenses to make up for reduced income in their structured-finance practices. "It's no differentt than any other company trying to hang onto Lassiter says. "There's still a fair amount of (positive) movement. Othert parts of the country are struggling more than we Other business linesare strong, Carroll says. Cadwalader has several attorneya involved inthe on-again, off-again Microsof t Corp.-Yahoo Inc.
merger talks, and others are workinyg on a major project involving the Hungarian Additional busy practice areasinclude hedge-fund especially for the purchase of distresseds debt and real estate, Carrolk says. White-collar crime and commercial litigatorsw alsoare busy. Weaker areasw include transactions, including commercial mortgage-backed While the firm is "clearly not out right now lookinfg to bring in a lot oftransactional attorneys," the locall office did hire a full contingent of summer associates, Carroll says. also picked up a full complement ofsummed associates, says Mike McCoy, a partner in the firm'es Charlotte intellectual-property practice.
"We have expectations to make offersd to almost allof them" at the end of the he says. Some of the corporate practicw areas are weakerthan usual, but "intellectual propertyu has been a star," McCoy That's because during tough economic times, businesses try to energizes sales by investing in new product offerings, he providing work for attorneys to ensure competitors are not infringing on their intellectual-property Jarrett says for recruiters, the strengtg in intellectual property translates into a strongv demand for experts in patenft law. Firms also are still recruitinbg heavily for their commercialreal corporate, and labor and employmentf practices.
With activity in commercia l real estate law still Jarrett also has seen a growing demand for litigatorsz and other specialistsin construction. He links the growtj in construction practices with an increasing number of developers and project owners failing to pay theid bills and needing legal help to collectwhat they're Although law firms report increased corporate bankruptcy local recruiting firms have not yet seen that translatde into additional staffing.
"I think firmse are being cautiousin hiring," Jarrett "It's not necessarily that there'sa a whole lot less work to do, it' just that firms are being The shuffling of attorneys from financial-services practices to othee areas also may have slowed hiring. "There'ds a goodly bit of waiting to see what in the overall economy and financialo andtransactional business, says Jon Barrett, managing partner of . "It's expensive to invest in thessetalented attorneys. If there's not work to go along with it, it'a a very expensive proposition.
"