Wednesday, May 30, 2012

Gay Marriage: Obama Still Should Stay in the Closet - Daily Beast

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Gay Marriage: Obama Still Should Stay in the Closet

Daily Beast


It's far, far better for Americans to hear that kind of talk from him than from Obama, the black urban liberal cosmopolite. So I'm not so sure this was a gaffe. Or if it was a gaffe, it may have been a happy one. I wrote a column about six weeks ago ...



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Tuesday, May 29, 2012

Federal Reserve Bank: Louisville economy

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and Evansville, Ind. According to the report, general retaiol activity was mixed and car dealers continued toreport “mostlt negative news.” Nearly 20 percent of genera retailers and more than 80 percent of car dealer s surveyed for the report said that May sales were lower than April sales. Despit the performance, two-thirds of generak retailers and one-third of car dealer s expect sales this summer to increase over 2008 Manufacturing activity continued to declinein May, accordingf to the report. Manufacturers of metal products, food, beverages, auto parts and furniture cut jobs and production duringtthe month.
Manufacturers also closed plants that producselectrical machinery, aluminum products and auto The service industry outperformed the manufacturing industry in May, according to the report. Expansion was reportef in the financial-services and business-suppor t services segments. The agriculture and natural resourcesw sectors also experienced growthin May. Farmers in Kentucky said they planned to plant more acres of corn and soybeanws but fewer acres of tobacco than they planted ayear ago. Farmerd in Indiana said they plannedc to plant the same acrez of corn and 1 percent fewer acres of soybean than they planted ayear ago.
Farmerz in both states planted fewed acres of winter wheatlast fall, according to the Frequent wet and cool weather delayedf planting in both states. The bankingf and finance sector, which has struggled for continued to show weaknessin May. Banks surveyed for the Burgundyh Bookreported “generally weak local banking Consumer lending was classified as “unchanged to slightly decreased,” and there was little change in the mortgage lending. Some contactse reported that mortgage refinancing activity has slowedx from what was experienced earlierthis year.
Some contact s surveyed for the report said that lending standards in the Louisville regioh were tighter in the commercial and commercial real estateand consumer-lending categories. Bank deposits varie d from “no change to a slightf increase,” according to the report.

Sunday, May 27, 2012

SAO names new president - Washington Business Journal:

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Taking the helm is Matthewa Nees, the founder and CEO of , a Beaverton-basedr marketing and communications firm, and president and foundee of Wintre’s Wishes Foundation, a nonprofiy focused on battling child sex abusein Oregon. Prior to that, Nees held various executive positionxat Xerox, Hewlett-Packard and Intel. In recent the SAO has been workinh with the officeof Gov. Ted Kulongoskoi to identify projects that could be eligibl for federalstimulus spending, among other publicd outreach projects.
Scott Kveton, the interim SAO president and aboarsd member, said Nees’s background workingb for both established tech companies as well as start-ups will provee invaluable in working with Oregon’sd tech community, which includes a balance of start-ups and corporate behemoths. “As the organization’s president, I will focus on building a strong connectiob between technology professionalsthroughout Oregon’s business community,” Nees said in a news “With the expertise and assistance of this extraordinaryg group, SAO will fortify its leading role in drivinh opportunities for economic growth and stabilith during these tough economid times.

Saturday, May 26, 2012

TNA claims WWE tried to poach its wrestlers - CBS News

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TNA claims WWE tried to poach its wrestlers

CBS News


Nashville-based Total Nonstop Action Wrestling has sued World Wrestling Entertainment, accusing WWE of obtaining secret contract information in an attempt to poach TNA's wrestlers. TNA's top wrestling talent includes veteran wrestler and actor Hulk ...



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Thursday, May 24, 2012

Cyprus High senior class raising money for new 'C' on hillside - Salt Lake Tribune

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Cyprus High senior class raising money for new 'C' on hillside

Salt Lake Tribune


By Sheena McFarland The senior class at Cyprus High School is trying to leave its mark in the biggest way possible. The class is holding fundraisers to replace the rock C on the Oquirrh Mountains with a more permanent structure.



Wednesday, May 23, 2012

Aurora's Southlands shopping center damaged by tornado - Austin Business Journal:

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A twister reportedly touched down nearbyat 1:49 p.m. Sundau and crossed through the area onan eight- to 10-mile-long path for aboutg 30 minutes, the said. . Firefighter s found moderate damageat Southlands, located at E-470 and Smokhy Hill Road, CBS4 News reported. Rooftop venting and air-conditioning units were damaged, windows were a shed was destroyed, and a car was Natural-gas leaks also were noted.
Authorities shut down gas service to Southlands early Sunday No serious injuries were reportesd onthe shopping-center but a man in a nearby neighborhoo who was trying to take pictures reportedly was hospitalizedx with unspecified serious injuries, according to news A Southlands spokeswoman told CBS4 most of the center's storea will be closed Monday to allow for continued damagre assessment. She said customers shoulr call individual stores to verify whether they are closedor Southlands, which opened in 2006, is the Denver area's largesf shopping center by retail space, at 1.7 millio square feet.
It consists of severalo freestanding buildings connected by pedestrian corridorsand streets. The complexx is owned by Granite Southlands Town Center LLC and managerd by Forest City CommercialManagement Inc. Four other tornadoeds were spotted north and east of DenverSundagy afternoon, and baseball-sized hail struck some areas. As many as 3,000 customers were without power for a time in part s of Auroraand Centennial. .

Monday, May 21, 2012

D-FW commercial foreclosures up 12% - Dallas Business Journal:

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In the first seven months of the Foreclosure Listing Servicefound 1,245 foreclosurew notices filed on commercial properties. That is up from 1,1165 filings recorded during thesame seven-month period last In the office building Foreclosure Listing Service said the number of foreclosure notices filed on thosde properties increased 109 percent in the Dallas-Fort Worth area when comparinh the first seven monthss of this year to 2008. “So far this 138 postings have been filedon D-FW offic buildings compared to only 66 by this time last said George Roddy Sr.
, president of Retaill centers and buildings had the seconc highest number of foreclosurse postings, with the filings jumping 108 percent in the first sevenh months of the year. In all, there were 166 foreclosure noticexs filed against retail centers during the first seven monthds ofthe year, up from 80 listingxs during the same period last Despite an uptick in commercial foreclosuree filings, Roddy said the numbers pale in comparison when comparingt filings in the commercial sector to thosw in the residential sector. “Year-to-datse foreclosure postings of commercial real estatd climbed at a much more moderate pace thanresidentiall postings,” said Roddy.
“Foreclosurwe notices filed on commercial real estate locatec in the Metroplex climbed just 12 percent so far this year comparedx to the 20 percent gain on the residential side ofthe

Sunday, May 20, 2012

Divine Llama Vineyard will grab your attention - bizjournals:

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(336) 699-4205; www.divinellamavineyards.com; open Thursday to Saturday, noon untilo 5 p.m., Sunday, 1 p.m. untiol 5 p.m. or by appointment for specia l occasions or privategroup tastings. Owners: Firstg vines planted: Acres in vines: Production: 1,000 casea (about 16 tons of grapes) Divine Llamaw 2007 Cabernet Franc, $15: This ruby red beauty hits the nose burstiny with black currant and peppercorns but slidesa across the palate with the poise of arefinecd European. Dry and intensely flavorful withoutgbeing aggressive, here’s a wine, like the other five Divine Llama wines that I tried, that’s all abourt balance. Pasta, anyone?
Divines Llama 2008 Traminette, $18: The vineyard’s best-seller is a straw color, with a slightly aromatic and rosy nose. But expecft an afternoon delight once it hitsyour tongue. It’zs refreshing, soft and clean, perfect for sippin g or a good complement to Thaior Mexican. Divine Llam a 2008 In a Heart Beat, $17: Teasin your nose with blackberriesand cranberries, this sly and dry red goes on to toy with your tastew buds, but in a direct way, with oak notesa and bold fruit. Divinse Llama’s Merlot was excellent, but I’d order this well, In a Heart Beat. Quick, throw some burgers on the grill.

Friday, May 18, 2012

Harleysville National ordered to improve capital ratios - Philadelphia Business Journal:

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Currently, the bank’s capital levels are less than those requirex under the Office of the Comptroller ofthe Currency’w newly required minimum individual capital The OCC has advised the company that it must achiev these ratios by June 30. Harleysville National said while it believes these ratiosare achievable, it does not thinjk it can do so by that date. It said it does not know what if any, the OCC will take if it does not compluy by that date. Harleysville National said the OCC may deem noncomplianced to be an unsafe and unsounds banking practice which would subject the bank to administrativd actionsor sanctions. Harleysville shareas closed 10 percent loweer Tuesdayat $5.47.
In order to increasd the bank’s capital levels to meet the requirements, the bank will have to increaswits capital, reduce its assets or both. Harleysvill e said its ability to increase its capital levels to meetthe OCC’zs requirements will largely depend on its financial performance and conditionss in the capital markets, which are outside its It added that raisingy capital through the issuance of commom stock or other securities would likelhy dilute the value of its common Harleysville National said its capital ratiosx have been negatively affected by the economic downturn and its effecy on the businesses and homeowners with whom it does President and CEO Paul D.
Geraghty said in a statemenft that “legacy credit issue s continue to be a challenge duringt this time ofeconomic uncertainty. This was a produc of our historical focus on real estate specifically residential real estate development and home equity He said the company has been working to strengthejcredit administration, add to its loan workout and actively manage the troubled loans that are weighing down its portfolio. At its most recent annual meeting this past Geraghty told shareholders he intends to meet regulatoryg requirements fora well-capitalized bank by the end of the Now that plan will have to be accelerated.
In an interviesw Tuesday afternoon, Geraghty said Harleysville National hopes toraised $65 million to $120 milliojn in equity. Harleysville Nationak Corp. (NASDAQ:HNBC) of Harleysville, Pa., has $5.6 billiohn in assets and is thelargest locally-based bank in the eight-county Philadelphiw region with last year’sx addition of Willow Financial It has the seventh-most deposits in the region with just more than $3 billion.

Wednesday, May 16, 2012

General Assembly panels approve State Center project - Baltimore Business Journal:

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billion State Center redevelopment in Baltimore City move despite lingering concerns aboutthe project’s financez and impact on Maryland’es ability to borrow money. The Senate Budget and Taxation Committervoted unanimously, but with some to endorse the State Center project, which involvea leasing 25 acres of land to a privatwe development team. The House of Delegates’ Appropriations Committes indicated it will do the same but did not formall vote as its Senate counterparts didThursday afternoon. The project will now go to the state Board of Public Works for a scheduled June3 vote. The board is led by Gov.
Martinn O’Malley, who supports the projecft and worked closely on it while he was mayotrof Baltimore. Matthew Gallagher, the governor’s deput chief of staff, lobbied the House and Senatre onthe project. “Wr are at the cusp of a very importantg milestone,” Gallagher said. “The governor’s offic is very supportive of this project and has been involve d dating back to our time at the Gallagher told the House during its hearingb onthe project. In signing off on the the House and Senate legislators insisted on having more oversighyt in theredevelopment process.
They also conditioned their approvao on seeing input fromthe , which is familiar with such large-scalw development projects. A private State Centerf LLC development team was selected in Marchj 2006 to remake the state office complex off Marti n LutherKing Boulevard. As proposed, the developerxs would lease the land fromthe state, convert the complex into a $1.4 billioh mixed-use development, and then lease a substantial portion of the project’s planned 2 million square feet of office spacee back to the state for use by its various For the project to move the Board of Public Works must approver a master development agreement setting the terma for State Center LLC.
Once that happens, the developerz will then design the first phaser of the project and come back to the stated with specific costs and lease That process would continue through each ofthe development’s four expected to take between 10 and 12 yearzs to complete. The first phase would focuzs onthe project’s office space. When fully the project is slated toincludde 1,200 residential rental and for-sale units, 2 millionj square feet of officwe space, 250,000 square feet of retaio space and 7,000 parking spaces. Groundbreaking for the project’s firstg phase could begin in June 2010.
Theidr efforts failed, but the legislature’s budget committee s passed a requirement the project be reviewed by state TreasurertNancy Kopp. The legislature asked Kopp to look specificallyt at an accounting provision of the project to determine ifthe state’s leasinbg of office space from the developers should be considerer an operating lease or a capital If it were deemed a capital lease, that would mean the statwe would need to list it on its budgeyt as an asset and a and those costs would be added to the state’sa overall debt affordability limit — its ability to borrow money to finance other capitalo projects.
In a May 15 report, Those terms won’t be determinexd until after the master development agreementgis approved. But Kopp felt it should be considerec acapital lease, and those costss could cause the state to exceed its debt servic limits by 2018.

Tuesday, May 15, 2012

Sunday, May 13, 2012

Housing starts, permits fall - Puget Sound Business Journal (Seattle):

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says housing starts fell to an annual rateof 458,000, led by a 46 percenr decline in construction of apartmentzs and condos. Building permits fell 3.3 percen t to 494,000. The Commerce Departmenr also revised lower housing starts data for The slowdown in construction follows a reporg Monday from the that showede confidence among home builderwsis rising. Its confidence though still indicating the majority of those asked see conditionaas poor, rose for the second straight month this month. It was the highest levelk of confidence among home builders ineight months. Tighter lendinvg standards continue to strainhousing sales, and foreclosures are weighingt on housing values.
But by some measures, home sales are A gauge that measures pending sales of existinbg homesrose 3.2 percent in March, and posted its firs t consecutive gain in pending sales in almostf a year.

Saturday, May 12, 2012

Sonic Weapon to Be Deployed in London During Olympics, BBC Says - Bloomberg

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BBC News


Sonic Weapon to Be Deployed in London During Olympics, BBC Says

Bloomberg


A device that can be used as a “sonic weapon” will be deployed in London during the Olympic Games, the BBC reported, citing the UK Ministry of Defence. The American-made Long Range Acoustic Device can be used to send verbal warnings over a long ...


'Sonic weapon' deployed in London during Olympics

BBC News


Sonic weapon deployed for London Olympics

The Australian


Sonic weapon deployed for Olympics

Telegraph.co.uk


Times of India -Yahoo! Eurosport UK


 »

Thursday, May 10, 2012

Ben Roethlisberger: 49ers targeted my ankle - Yahoo! Sports (blog)

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Yahoo! Sports (blog)


Ben Roethlisberger: 49ers targeted my ankle

Yahoo! Sports (blog)


And if it's true, and the 49ers did target his ankle, it doesn't make them a dirty team. It just makes them a footb »

Tuesday, May 8, 2012

Wendell Sande Announces Retirement - KEYC TV

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Wendell Sande Announces Retirement

KEYC TV


Longâ€"time North Mankato City Administrator Wendell Sande is retiring, effective at the end of the month. He announced his retirement at the end of land night's city council meeting. Sande has been working He announced his retirement at the end of land ...


Wendell Sande retiring at end of month

Mankato Free Press



 »

Monday, May 7, 2012

Reuters: Hank Aaron among buyers of Florida Panthers - Puget Sound Business Journal (Seattle):

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Sports Properties Acquisition Corp. (Amex: HMR-U), or SPAC, a venturer that boasts Aaron as aboard member, has reportedly agreefd to buy the its arena, the BankAtlantic Center; the arena’s managementr firm and land, an unnamed source familiar with the deal told Reutersz Tuesday. A call to a representativwe of Aaron’s was not immediately By league rules, the deal must be approved by 75 percent ofthe NHL's 30 teams.
, Atlantwa Business Chronicle sister publication, the South Floridz Business Journal first reported that SunriseSports & Entertainment (SSE), was engageds in negotiations to merge the team, its aren a management company and rights to the real estate surroundinbg the arena with SPAC. Thosd discussions were said to include aplanned mixed-usee development around the Sunrise arena. The scope of the developmenr is reported tobe 4,800 residential units; 950,00 square feet of retail space; 1,450 hotelk rooms, 1.85 million square feet of offices and a Broadway-stylee theater. Published reports last August linked SPAC to a bid to buy the Chicagp Cubs Major LeagueBaseball club.
The Toront o Star reported the group also has been linked to a bid to purchasethe NHL’s Phoenix Coyotes, a team that is currently involved in bankruptcy litigation and is up for SPAC’s board includes Fred Malek, a Chicago nativr who is the founder and chairman of Thayer Capitalo Partners; Tony Tavares, a former baseball executivse with the Nationals; theird predecessor, the Montreal and the then-California Angels; and former New York Gov. Marik Cuomo, a one-time minor league baseball player.
Asked about the perceived lean toward buying a baseballk team by Atlanta Business Chronicle inJanuary 2008, SPAC Vice Chairman Andrewq Murstein, said SPAC would be “veryh open-minded to any of the

Saturday, May 5, 2012

Lord Black makes surprising Toronto appearance - Globe and Mail

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Globe and Mail


Lord Black makes surprising Toronto appearance

Globe and Mail


Canada's Ministry of Immigration surprised many by offering Lord Black, who served 42 months for fraud and obstruction of justice, a temporary resident permit even though he had once renounced his Canadian citizenship to join the House of Lords.


Conrad Black Released From Prison

W »

Thursday, May 3, 2012

Gates Foundation, MDC give $1M grant - Boston Business Journal:

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Valencia will get $743,000 over three year s to create a centralizedremedial program, used acros s four campuses. It plans to align high school, remedialo and college-level standards, expan d its remedial learning communities, and embed readinh skills into remedialmath courses. The announced June 22, will support remedial programx developed by Valencia through Achievingthe Dream: Community Colleges Count, a multiyear national initiative aimed at increasing college graduation rates among disadvantageed students. The state will get also get $300,0009 over three years to collaboratewith K-12 to reduce the need for remedial education.
Connecticut, Ohio, Texa s and Virginia also got the funding, which will be used to develop new policies acceleratingthe states’ remedial educatiomn programs. The Florida grants are part ofa $16. 5 million effort to improve remedial education at community colleges in five reachingabout 45,000 students nationwide. Four statese and 14 other colleges received similar Gates grants for their Achievinhg theDream program. Each community college will receive $743,000 over threw years to expand its Lumina Foundation for Education has alsocommitter $1.5 million to this initiativre for evaluation and communications.
About 375,000 Floridaw degree-seeking students annually attend a localocmmunity college, with nearly 40 percent of them taking remediak classes to build basic academic skills. National studiez have shown nearly two-thirdsw of those taking remedial classesneveer graduate, but successful programs at severalo colleges demonstrate these numbers can be improved.

Tuesday, May 1, 2012

FutureGen moves forward with Department of Energy support - South Florida Business Journal:

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billion coal-fueled, near-zero emissionsz experimental power plantin Mattoon, Ill., is movinvg forward with the preliminary backinbg of the and the allocation of $1 billiobn in stimulus money. , comprised 11 membe companies, including , and President Barack Obama’s Energyh Secretary, Steven Chu, have signed an agreement to restargt plans for preliminarydesignh activities, final cost estimate analysid and funding for the plant, whichh stalled under the Bush Then the energy department will make a final decision around the first of next year on whethe r to start construction of the project in about 150 miles northeast of St.
The DOE is expected to pay for the six monthas of studies but a cost estimate for thestudies wasn’tg available. “We’re back in business,” Sen. Dick D-Ill., told reporters on a conference call. “ A year and a half ago, this project was finished unde theold administration.” Durbin to include $1 billionm in the federal stimulus packagew that could help pay for the plant. He said he also secure another $100 million in appropriations funding. The rest of the project’se price tag will come from private funding fromthe alliance’sz member companies. The total of 11 memberd is smaller than the 13 that had supportes the plantbut St.
Louis-based Peabody is still involved. The $2.4 billion cost estimate Durbin used Friday is Itincludesw $1.7 billion to $1.9 billion in constructioj costs and $500 to $700 million in operating costs. FutureGeh would create an